Diamond Hill Small Mid Cap Fund Class I (DHMIX) NPORT-P Diamond Hill Select Fund (Mar 2023 report)

Diamond Hill Small Cap Fund
Schedule of Investments
March 31, 2023 (Unaudited)

Common Stocks - 97.9%	Shares		Fair Value
Consumer Discretionary - 13.1%
Century Communities, Inc. (a)		34,585	$	2,210,673
Green Brick Partners, Inc. (a)(b)		131,525		4,611,266
Hanesbrands, Inc. (a)		350,598		1,844,145
Johnson Outdoors, Inc., Class A		29,480		1,857,535
PROG Holdings, Inc. (b)		70,807		1,684,499
Red Rock Resorts, Inc., Class A		391,069		17,429,945
Rocky Brands, Inc. (a)		145,011		3,345,404
Vail Resorts, Inc.		7,736		1,807,748
Wolverine World Wide, Inc.		203,591		3,471,227
				38,262,442
Consumer Staples - 10.2%
Cal-Maine Foods, Inc.		160,080		9,747,271
Lancaster Colony Corp.		36,783		7,462,535
Oil-Dri Corp. of America		56,761		2,361,825
Post Holdings, Inc. (b)		58,949		5,297,747
Seaboard Corp.		1,343		5,063,123
				29,932,501
Energy - 4.0%
Centrus Energy Corp., Class A (a)(b)		50,131		1,614,218
Civitas Resources, Inc. (a)		147,073		10,050,969
				11,665,187
Financials - 21.0%
Bank OZK		303,434		10,377,443
BankUnited, Inc.		59,263		1,338,159
BOK Financial Corp.		63,190		5,333,868
Enstar Group Ltd. (b)		31,362		7,269,398
First Interstate BancSystem, Inc., Class A		180,554		5,391,342
First Western Financial, Inc. (a)(b)		77,240		1,529,352
Live Oak Bancshares, Inc.		351,446		8,564,739
Mr. Cooper Group, Inc. (b)		201,069		8,237,797
Silvercrest Asset Management Group, Inc., Class A		20,645		375,326
Triumph Financial, Inc. (a)(b)		126,882		7,366,769
Webster Financial Corp.		145,433		5,732,969
				61,517,162

Diamond Hill Small Cap Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 97.9% (Continued)	Shares		Fair Value
Health Care - 5.0%
Enovis Corp. (b)		167,865	$	8,979,099
UFP Technologies, Inc. (b)		42,679		5,541,441
				14,520,540
Industrials - 26.4%
Allegiant Travel Co. (b)		94,520		8,693,950
Allied Motion Technologies, Inc.		150,705		5,824,748
Concrete Pumping Holdings, Inc. (a)(b)(c)		770,000		5,236,000
Douglas Dynamics, Inc.		101,475		3,236,038
Energy Recovery, Inc. (b)		169,644		3,910,294
ESAB Corp.		145,958		8,621,739
First Advantage Corp. (b)		383,165		5,348,983
FTAI Aviation Ltd.		148,056		4,139,646
Gates Industrial Corp. plc (b)		305,278		4,240,311
Graham Corp. (b)		133,500		1,746,180
Kirby Corp. (b)		42,085		2,933,324
WESCO International, Inc.		81,103		12,533,658
WNS Holdings Ltd. - ADR (b)		117,317		10,930,425
				77,395,296
Information Technology - 2.6%
Rimini Street, Inc. (a)(b)		1,609,632		6,631,684
Sanmina Corp. (b)		17,443		1,063,849
				7,695,533
Materials - 9.3%
Ashland, Inc.		75,770		7,782,337
Chase Corp.		77,035		8,067,876
Taseko Mines Ltd. (a)(b)		4,734,817		7,859,796
United States Lime & Minerals, Inc. (a)		23,379		3,569,740
				27,279,749
Real Estate - 5.6%
CubeSmart		38,630		1,785,479
Douglas Emmett, Inc. (a)		200,233		2,468,873
Jones Lang LaSalle, Inc. (b)		7,605		1,106,451
Rayonier, Inc.		127,694		4,247,102
Ryman Hospitality Properties, Inc.		77,016		6,910,646
				16,518,551

Diamond Hill Small Cap Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 97.9% (Continued)	Shares		Fair Value
Utilities - 0.7%
UGI Corp.		59,537	$	2,069,506
Total Common Stocks (Cost $193,819,662)			$	286,856,467

Registered Investment Companies - 4.3%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 4.70% (d)		5,969,812	$	5,969,812
State Street Navigator Securities Lending Portfolio I, 4.72% (d)(e)		6,689,846		6,689,846
Total Registered Investment Companies (Cost $12,659,658)			$	12,659,658
Total Investment Securities - 102.2% (Cost $206,479,320)			$	299,516,125
Liabilities in Excess of Other Assets - (2.2)%				(6,462,211	)
Net Assets - 100.0%			$	293,053,914

(a)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2023 was $27,535,837.
(b)	Non-income producing security.
(c)	Illiquid security as determined under procedures approved by the Board of Trustees. The total fair value of these securities as of March 31, 2023 was $5,236,000, representing 1.8% of net assets.
(d)	The rate shown is the 7-day effective yield as of March 31, 2023.
(e)	This security was purchased using cash collateral held from securities on loan.  Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $21,160,080.

ADR -	American Depositary Receipt
plc -	Public Limited Company

Diamond Hill Small-Mid Cap Fund
Schedule of Investments
March 31, 2023 (Unaudited)

Common Stocks - 95.6%	Shares		Fair Value
Communication Services - 1.5%
Liberty Media Corp. - Liberty Formula One - Series C (a)		394,476	$	29,518,639
Consumer Discretionary - 12.9%
Advance Auto Parts, Inc.		64,828		7,883,733
BorgWarner, Inc.		244,321		11,998,604
CarMax, Inc. (a)		177,996		11,441,583
Hanesbrands, Inc. (b)		2,247,678		11,822,786
NVR, Inc. (a)		11,865		66,114,034
PROG Holdings, Inc. (a)(b)		538,279		12,805,657
Red Rock Resorts, Inc., Class A (b)		2,030,041		90,478,927
Vail Resorts, Inc. (b)		85,270		19,925,894
Wolverine World Wide, Inc. (b)		963,130		16,421,367
				248,892,585
Consumer Staples - 10.3%
BellRing Brands, Inc. (a)		607,056		20,639,904
Cal-Maine Foods, Inc. (b)		970,517		59,094,780
Lancaster Colony Corp.		249,184		50,554,450
Post Holdings, Inc. (a)(b)		778,358		69,951,034
				200,240,168
Energy - 3.6%
Civitas Resources, Inc. (b)		313,885		21,450,901
Coterra Energy, Inc.		1,947,073		47,781,171
				69,232,072
Financials - 17.4%
Bank OZK (b)		1,047,131		35,811,880
BankUnited, Inc. (b)		413,610		9,339,314
BOK Financial Corp.		502,069		42,379,644
Brighthouse Financial, Inc. (a)		362,696		15,998,521
Brown & Brown, Inc.		164,530		9,447,313
Enstar Group Ltd. (a)		81,049		18,786,348
First Interstate BancSystem, Inc., Class A (b)		788,162		23,534,517
Live Oak Bancshares, Inc. (b)		1,322,969		32,240,755
Loews Corp.		421,925		24,480,089
Mr. Cooper Group, Inc. (a)(b)		967,213		39,626,717
RenaissanceRe Holdings Ltd.		103,448		20,724,772

Diamond Hill Small-Mid Cap Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 95.6% (Continued)	Shares		Fair Value
Financials - 17.4% (Continued)
Stifel Financial Corp.		162,380	$	9,595,034
Webster Financial Corp.		1,409,449		55,560,480
				337,525,384
Health Care - 2.9%
Boston Scientific Corp. (a)		243,915		12,203,068
Enovis Corp. (a)		802,388		42,919,734
Integer Holdings Corp. (a)		8,224		637,360
				55,760,162
Industrials - 29.0%
Alaska Air Group, Inc. (a)(b)		379,602		15,928,100
Allegiant Travel Co. (a)(b)		415,827		38,247,768
Broadridge Financial Solutions, Inc.		65,306		9,571,900
Energy Recovery, Inc. (a)		998,606		23,017,868
ESAB Corp.		987,392		58,325,245
First Advantage Corp. (a)(b)		2,072,245		28,928,540
Gates Industrial Corp. plc (a)(b)		3,306,037		45,920,854
Kirby Corp. (a)		395,700		27,580,290
Regal Rexnord Corp.		348,520		49,047,220
Sensata Technologies Holding plc		991,522		49,595,930
SS&C Technologies Holdings, Inc.		752,328		42,483,962
Stericycle, Inc. (a)		291,650		12,718,857
WESCO International, Inc.		788,682		121,882,916
WNS Holdings Ltd. - ADR (a)		411,535		38,342,716
				561,592,166
Information Technology - 3.7%
Arrow Electronics, Inc. (a)		102,559		12,806,542
Ciena Corp. (a)(b)		540,537		28,389,003
Sanmina Corp. (a)		488,375		29,785,991
				70,981,536
Materials - 2.6%
Ashland, Inc.		496,183		50,962,956
Real Estate - 9.6%
CubeSmart		1,369,492		63,297,920
Douglas Emmett, Inc. (b)		1,078,475		13,297,597

Diamond Hill Small-Mid Cap Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 95.6% (Continued)	Shares		Fair Value
Real Estate - 9.6% (Continued)
Jones Lang LaSalle, Inc. (a)		137,690	$	20,032,518
Rayonier, Inc.		1,176,962		39,145,756
Ryman Hospitality Properties, Inc.		351,084		31,502,767
UDR, Inc.		473,422		19,438,707
				186,715,265
Utilities - 2.1%
UGI Corp.		1,190,413		41,378,756
Total Common Stocks (Cost $1,410,056,554)			$	1,852,799,689

Registered Investment Companies - 7.7%	Shares		Fair Value
Diamond Hill Short Duration Securitized Bond Fund - Class Y (c)		946,067	$	8,968,717
State Street Institutional US Government Money Market Fund - Premier Class, 4.70% (d)		68,417,348		68,417,348
State Street Navigator Securities Lending Portfolio I, 4.72% (d)(e)		71,640,187		71,640,187
Total Registered Investment Companies (Cost $149,516,254)			$	149,026,252
Total Investment Securities - 103.3% (Cost $1,559,572,808)			$	2,001,825,941
Liabilities in Excess of Other Assets - (3.3)%				(64,805,662	)
Net Assets - 100.0%			$	1,937,020,279

(a)	Non-income producing security.
(b)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2023 was $101,585,189.
(c)	Affiliated fund.

Diamond Hill Short Duration Securitized Bond Fund
Value, December 31, 2022	$	8,793,801
Purchases		119,085
Change in Unrealized Appreciation (Depreciation)		55,831
Value, March 31, 2023	$	8,968,717
Income Distributions	$	119,085

(d)	The rate shown is the 7-day effective yield as of March 31, 2023.
(e)	This security was purchased using cash collateral held from securities on loan.  Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $30,179,162.

ADR -	American Depositary Receipt
plc -	Public Limited Company

Diamond Hill Mid Cap Fund
Schedule of Investments
March 31, 2023 (Unaudited)

Common Stocks - 96.1%	Shares		Fair Value
Communication Services - 1.5%
Liberty Media Corp. - Liberty Formula One - Series C (a)		35,170	$	2,631,771
Consumer Discretionary - 12.6%
Advance Auto Parts, Inc.		6,420		780,736
BorgWarner, Inc.		19,393		952,390
CarMax, Inc. (a)		17,389		1,117,765
Hanesbrands, Inc. (b)		221,866		1,167,015
NVR, Inc. (a)		1,212		6,753,494
Red Rock Resorts, Inc., Class A		191,707		8,544,381
Vail Resorts, Inc.		7,468		1,745,122
VF Corp.		42,738		979,128
				22,040,031
Consumer Staples - 8.1%
Archer-Daniels-Midland Co.		24,054		1,916,142
BellRing Brands, Inc. (a)		46,425		1,578,450
Lancaster Colony Corp.		21,670		4,396,410
Post Holdings, Inc. (a)		70,043		6,294,764
				14,185,766
Energy - 2.3%
Coterra Energy, Inc.		162,045		3,976,584
Financials - 17.1%
Allstate Corp. (The)		22,875		2,534,779
American International Group, Inc.		92,518		4,659,207
Bank OZK		82,557		2,823,449
BOK Financial Corp.		22,019		1,858,624
Brighthouse Financial, Inc. (a)		17,195		758,471
Fidelity National Information Services, Inc.		34,080		1,851,566
Hartford Financial Services Group, Inc. (The)		36,168		2,520,548
Loews Corp.		24,381		1,414,586
Mr. Cooper Group, Inc. (a)		68,066		2,788,664
Stifel Financial Corp.		14,654		865,905
Webster Financial Corp.		104,961		4,137,563
Willis Towers Watson plc		15,140		3,518,233
				29,731,595

Diamond Hill Mid Cap Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 96.1% (Continued)	Shares		Fair Value
Health Care - 4.7%
Boston Scientific Corp. (a)		84,575	$	4,231,287
Enovis Corp. (a)		74,130		3,965,214
				8,196,501
Industrials - 23.3%
Alaska Air Group, Inc. (a)		45,865		1,924,495
Allegiant Travel Co. (a)		23,086		2,123,450
ESAB Corp.		84,062		4,965,542
Kirby Corp. (a)		37,813		2,635,566
Parker-Hannifin Corp.		17,998		6,049,308
Regal Rexnord Corp.		31,905		4,489,991
Sensata Technologies Holding plc		82,665		4,134,903
SS&C Technologies Holdings, Inc.		70,421		3,976,674
Stericycle, Inc. (a)		26,434		1,152,787
WESCO International, Inc.		59,328		9,168,549
				40,621,265
Information Technology - 7.3%
Arrow Electronics, Inc. (a)		519		64,808
Check Point Software Technologies Ltd. (a)(b)		42,249		5,492,370
Ciena Corp. (a)		52,455		2,754,937
Cognizant Technology Solutions Corp., Class A		39,903		2,431,290
NXP Semiconductors NV		10,756		2,005,725
				12,749,130
Materials - 6.4%
Ashland, Inc.		48,449		4,976,197
Freeport-McMoRan, Inc.		151,779		6,209,279
				11,185,476
Real Estate - 10.5%
CubeSmart		133,372		6,164,454
Douglas Emmett, Inc.		70,421		868,291
Jones Lang LaSalle, Inc. (a)		12,868		1,872,165
Rayonier, Inc.		73,348		2,439,554
Ryman Hospitality Properties, Inc.		34,300		3,077,739
UDR, Inc.		42,067		1,727,271
Weyerhaeuser Co.		73,246		2,206,902
				18,356,376

Diamond Hill Mid Cap Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 96.1% (Continued)	Shares		Fair Value
Utilities - 2.3%
UGI Corp.		115,132	$	4,001,988
Total Common Stocks (Cost $114,423,398)			$	167,676,483

Registered Investment Companies - 7.0%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 4.70% (c)		6,697,663	$	6,697,663
State Street Navigator Securities Lending Portfolio I, 4.72% (c)(d)		5,579,630		5,579,630
Total Registered Investment Companies (Cost $12,277,293)			$	12,277,293
Total Investment Securities - 103.1% (Cost $126,700,691)			$	179,953,776
Liabilities in Excess of Other Assets - (3.1)%				(5,402,472	)
Net Assets - 100.0%			$	174,551,304

(a)	Non-income producing security.
(b)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2023 was $6,659,385.
(c)	The rate shown is the 7-day effective yield as of March 31, 2023.
(d)	This security was purchased using cash collateral held from securities on loan.  Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $1,088,099.

NV -	Naamloze Vennootschap
plc -	Public Limited Company

Diamond Hill Large Cap Fund
Schedule of Investments
March 31, 2023 (Unaudited)

Common Stocks - 98.0%	Shares		Fair Value
Communication Services - 6.1%
Alphabet, Inc., Class A (a)		1,630,869	$	169,170,041
Take-Two Interactive Software, Inc. (a)		797,562		95,149,147
Verizon Communications, Inc. (b)		3,039,652		118,212,066
Walt Disney Co. (The) (a)(b)		1,213,912		121,549,009
				504,080,263
Consumer Discretionary - 13.9%
Amazon.com, Inc. (a)		1,723,264		177,995,939
BorgWarner, Inc. (b)		2,315,702		113,724,125
CarMax, Inc. (a)(b)		2,481,548		159,513,905
General Motors Co. (b)		5,789,216		212,348,443
Home Depot, Inc. (The)		533,995		157,592,604
Lear Corp. (b)		601,528		83,907,141
NVR, Inc. (a)(b)		42,663		237,726,342
				1,142,808,499
Consumer Staples - 3.1%
PepsiCo, Inc.		1,399,733		255,171,326
Energy - 5.7%
Chevron Corp. (b)		919,717		150,061,026
ConocoPhillips		3,179,052		315,393,749
				465,454,775
Financials - 23.9%
Allstate Corp. (The)		1,272,325		140,986,333
American International Group, Inc. (b)		7,047,808		354,927,611
Bank of America Corp. (b)		8,451,801		241,721,509
Berkshire Hathaway, Inc., Class B (a)		400,062		123,527,144
Hartford Financial Services Group, Inc. (The) (b)		1,150,913		80,207,127
KKR & Co., Inc. (b)		4,343,346		228,112,532
Marsh & McLennan Cos., Inc.		638,401		106,325,687
Nasdaq, Inc. (b)		2,485,653		135,890,650
Truist Financial Corp. (b)		7,678,755		261,845,546
Visa, Inc., Class A (b)		550,241		124,057,336
Wells Fargo & Co.		4,371,754		163,416,165
				1,961,017,640

Diamond Hill Large Cap Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 98.0% (Continued)	Shares		Fair Value
Health Care - 16.2%
Abbott Laboratories		2,536,693	$	256,865,533
AbbVie, Inc. (b)		678,231		108,089,674
Becton, Dickinson and Co.		606,532		150,140,931
HCA Healthcare, Inc.		790,601		208,465,672
Humana, Inc. (b)		336,848		163,526,230
Medtronic plc		1,671,849		134,784,466
Pfizer, Inc.		3,325,603		135,684,602
Stryker Corp. (b)		603,439		172,263,731
				1,329,820,839
Industrials - 16.8%
Carrier Global Corp.		2,127,587		97,337,105
Caterpillar, Inc.		827,601		189,388,213
Deere & Co. (b)		351,714		145,215,676
Honeywell International, Inc.		625,235		119,494,913
L3Harris Technologies, Inc. (b)		565,034		110,882,272
Parker-Hannifin Corp. (b)		535,624		180,028,583
Regal Rexnord Corp. (b)		570,362		80,267,044
SS&C Technologies Holdings, Inc. (b)		2,777,494		156,845,086
Union Pacific Corp. (b)		865,335		174,157,322
Waste Management, Inc. (b)		754,754		123,153,210
				1,376,769,424
Information Technology - 4.6%
Microsoft Corp. (b)		586,915		169,207,595
Texas Instruments, Inc. (b)		1,121,144		208,543,995
				377,751,590
Materials - 4.3%
Freeport-McMoRan, Inc. (b)		3,998,591		163,582,358
Martin Marietta Materials, Inc.		268,299		95,262,243
Sherwin-Williams Co. (The)		403,250		90,638,502
				349,483,103
Real Estate - 2.1%
SBA Communications Corp., Class A		294,185		76,802,878
Weyerhaeuser Co.		3,132,058		94,368,908
				171,171,786

Diamond Hill Large Cap Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Common Stocks - 98.0% (Continued)	Shares		Fair Value
Utilities - 1.3%
Dominion Energy, Inc.		1,850,828	$	103,479,793
Total Common Stocks (Cost $6,718,516,848)			$	8,037,009,038

Registered Investment Companies - 4.9%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 4.70% (c)		147,576,123	$	147,576,123
State Street Navigator Securities Lending Portfolio I, 4.72% (c)(d)		259,730,786		259,730,786
Total Registered Investment Companies (Cost $407,306,909)			$	407,306,909
Total Investment Securities - 102.9% (Cost $7,125,823,757)			$	8,444,315,947
Liabilities in Excess of Other Assets - (2.9)%				(240,488,823	)
Net Assets - 100.0%			$	8,203,827,124

(a)	Non-income producing security.
(b)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2023 was $277,571,528.
(c)	The rate shown is the 7-day effective yield as of March 31, 2023.
(d)	This security was purchased using cash collateral held from securities on loan.  Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $17,605,355.
plc - Public Limited Company

Diamond Hill Large Cap Concentrated Fund
Schedule of Investments
March 31, 2023 (Unaudited)

Common Stocks - 96.2%	Shares		Fair Value
Communication Services - 4.2%
Alphabet, Inc., Class A (a)		9,350	$	969,875
Consumer Discretionary - 17.8%
Amazon.com, Inc. (a)		10,135		1,046,844
General Motors Co.		29,868		1,095,558
Home Depot, Inc. (The)		3,002		885,950
NVR, Inc. (a)(b)		205		1,142,299
				4,170,651
Consumer Staples - 5.8%
PepsiCo, Inc.		7,472		1,362,146
Energy - 7.0%
ConocoPhillips		16,551		1,642,025
Financials - 23.4%
American International Group, Inc.		37,641		1,895,601
Bank of America Corp.		35,482		1,014,785
KKR & Co., Inc.		21,633		1,136,165
Truist Financial Corp.		41,976		1,431,382
				5,477,933
Health Care - 12.8%
Abbott Laboratories		13,903		1,407,818
Humana, Inc.		1,818		882,566
Pfizer, Inc.		17,530		715,224
				3,005,608
Industrials - 12.2%
Caterpillar, Inc.		4,439		1,015,821
Parker-Hannifin Corp.		2,573		864,811
Union Pacific Corp.		4,798		965,645
				2,846,277
Information Technology - 8.9%
Microsoft Corp.		3,389		977,049
Texas Instruments, Inc.		5,896		1,096,715
				2,073,764

Diamond Hill Large Cap Concentrated Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 96.2% (Continued)	Shares		Fair Value
Materials - 4.1%
Freeport-McMoRan, Inc.		23,640	$	967,112
Total Common Stocks (Cost $22,380,978)			$	22,515,391

Registered Investment Companies - 3.8%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 4.70% (c)		884,569	$	884,569
State Street Navigator Securities Lending Portfolio I, 4.72% (c)(d)		5,526		5,526
Total Registered Investment Companies (Cost $890,095)			$	890,095
Total Investment Securities - 100.0% (Cost $23,271,073)			$	23,405,486
Liabilities in Excess of Other Assets - (0.0)% (e)				(393	)
Net Assets - 100.0%			$	23,405,093

(a)	Non-income producing security.
(b)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2023 was $5,572.
(c)	The rate shown is the 7-day effective yield as of March 31, 2023.
(d)	This security was purchased using cash collateral held from securities on loan.
(e)	Percentage rounds to less than 0.1%.

Diamond Hill Select Fund
Schedule of Investments
March 31, 2023 (Unaudited)

Common Stocks - 98.1%	Shares		Fair Value
Communication Services - 2.7%
Alphabet, Inc., Class A (a)		87,962	$	9,124,298
Consumer Discretionary - 22.8%
Amazon.com, Inc. (a)		221,372		22,865,514
CarMax, Inc. (a)		215,796		13,871,367
General Motors Co.		296,369		10,870,815
Lear Corp.		50,299		7,016,207
Red Rock Resorts, Inc., Class A		496,403		22,124,682
				76,748,585
Consumer Staples - 5.3%
Lancaster Colony Corp.		34,252		6,949,046
SunOpta, Inc. (a)(b)		1,399,130		10,773,301
				17,722,347
Financials - 27.9%
Allstate Corp. (The)		105,429		11,682,587
American International Group, Inc.		370,657		18,666,286
Cadence Bank (b)		209,902		4,357,566
KKR & Co., Inc.		285,772		15,008,745
Mr. Cooper Group, Inc. (a)		642,513		26,323,758
Truist Financial Corp.		333,939		11,387,320
Webster Financial Corp.		169,985		6,700,809
				94,127,071
Health Care - 2.4%
Enovis Corp. (a)		150,398		8,044,789
Industrials - 27.9%
Cimpress plc (a)(b)		457,923		20,066,186
ESAB Corp.		169,157		9,992,104
Regal Rexnord Corp.		76,475		10,762,327
SS&C Technologies Holdings, Inc.		191,374		10,806,890
Union Pacific Corp.		41,835		8,419,712
Wabtec Corp.		73,883		7,466,616
WESCO International, Inc.		171,759		26,543,636
				94,057,471

Diamond Hill Select Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 98.1% (Continued)	Shares		Fair Value
Information Technology - 6.1%
Microsoft Corp.		22,827	$	6,581,024
Rimini Street, Inc. (a)		1,310,895		5,400,887
Texas Instruments, Inc.		45,101		8,389,237
				20,371,148
Materials - 3.0%
Ashland, Inc.		98,069		10,072,667
Total Common Stocks (Cost $263,956,646)			$	330,268,376

Registered Investment Companies - 5.0%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 4.70% (c)		6,556,258	$	6,556,258
State Street Navigator Securities Lending Portfolio I, 4.72% (c)(d)		10,226,295		10,226,295
Total Registered Investment Companies (Cost $16,782,553)			$	16,782,553
Total Investment Securities - 103.1% (Cost $280,739,199)			$	347,050,929
Liabilities in Excess of Other Assets - (3.1)%				(10,248,642	)
Net Assets - 100.0%			$	336,802,287

(a)	Non-income producing security.
(b)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2023 was $10,238,877.
(c)	The rate shown is the 7-day effective yield as of March 31, 2023.
(d)	This security was purchased using cash collateral held from securities on loan.  Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $144,375.

plc - Public Limited Company

Diamond Hill Long-Short Fund
Schedule of Investments
March 31, 2023 (Unaudited)

Common Stocks - 85.5%	Shares		Fair Value
Communication Services - 12.0%
Alphabet, Inc., Class A (a)		631,450	$	65,500,308
Comcast Corp., Class A		536,614		20,343,037
Meta Platforms, Inc., Class A (a)		317,019		67,189,007
Verizon Communications, Inc. (b)		691,355		26,886,796
Walt Disney Co. (The) (a)(b)		342,584		34,302,936
				214,222,084
Consumer Discretionary - 4.8%
Booking Holdings, Inc. (a)(c)		6,053		16,055,038
BorgWarner, Inc.		311,125		15,279,349
Hanesbrands, Inc. (b)		1,408,730		7,409,920
Lear Corp.		179,445		25,030,783
TJX Cos., Inc. (The) (c)		283,596		22,222,583
				85,997,673
Consumer Staples - 3.0%
Archer-Daniels-Midland Co.		192,001		15,294,800
Constellation Brands, Inc., Class A (b)		113,029		25,532,121
Mondelez International, Inc., Class A (b)		184,885		12,890,182
				53,717,103
Energy - 4.0%
Chevron Corp.		243,869		39,789,666
Coterra Energy, Inc. (b)		1,252,143		30,727,589
				70,517,255
Financials - 23.2%
Allstate Corp. (The)		275,970		30,580,236
American International Group, Inc.		1,222,825		61,581,467
Bank of America Corp. (b)		804,835		23,018,281
Berkshire Hathaway, Inc., Class B (a)(b)		115,534		35,673,433
Citigroup, Inc.		922,731		43,266,857
Fidelity National Information Services, Inc.		689,911		37,482,865
Hartford Financial Services Group, Inc. (The) (b)		240,751		16,777,937
KKR & Co., Inc. (b)		975,493		51,232,892
Morgan Stanley (b)		202,252		17,757,726
Truist Financial Corp.		1,060,769		36,172,223
Visa, Inc., Class A		121,947		27,494,171

Diamond Hill Long-Short Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 85.5% (Continued)	Shares		Fair Value
Financials - 23.2% (Continued)
Wells Fargo & Co. (b)		891,783	$	33,334,848
				414,372,936
Health Care - 13.1%
Abbott Laboratories (c)		269,012		27,240,155
Becton, Dickinson and Co. (c)		89,957		22,267,956
CVS Health Corp. (b)(c)		253,269		18,820,419
Enovis Corp. (a)(c)		329,942		17,648,598
HCA Healthcare, Inc. (c)		129,186		34,063,764
Humana, Inc. (b)(c)		74,015		35,931,322
Medtronic plc (c)		408,744		32,952,941
Perrigo Co. plc		723,434		25,949,578
Pfizer, Inc. (b)		479,375		19,558,500
				234,433,233
Industrials - 13.0%
Alaska Air Group, Inc. (a)(b)		445,158		18,678,830
ESAB Corp. (b)		289,965		17,128,233
Johnson Controls International plc		350,115		21,083,925
Kirby Corp. (a)		313,048		21,819,446
L3Harris Technologies, Inc.		101,660		19,949,758
Parker-Hannifin Corp.		113,111		38,017,738
Sensata Technologies Holding plc		554,198		27,720,984
SS&C Technologies Holdings, Inc.		645,584		36,456,128
WNS Holdings Ltd. - ADR (a)(b)		334,426		31,158,470
				232,013,512
Information Technology - 8.6%
Ciena Corp. (a)(b)		583,985		30,670,892
Cognizant Technology Solutions Corp., Class A (c)		371,245		22,619,958
Microsoft Corp. (c)		187,952		54,186,562
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR (b)		222,325		20,680,671
Texas Instruments, Inc.		136,676		25,423,103
				153,581,186
Materials - 2.4%
Ashland, Inc.		154,689		15,888,107
Freeport-McMoRan, Inc. (b)		632,504		25,875,739
				41,763,846

Diamond Hill Long-Short Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 85.5% (Continued)	Shares		Fair Value
Utilities - 1.4%
Dominion Energy, Inc. (b)		448,850	$	25,095,203
Total Common Stocks (Cost $1,048,938,392)			$	1,525,714,031

Treasury - 6.6%	Coupon			Maturity		Shares / Par Value		Fair Value
U.S. Treasury Notes		2.000	%		06/30/24	$	40,000,000	$	38,812,500
U.S. Treasury Notes		3.000	%		06/30/24		40,000,000		39,282,812
U.S. Treasury Notes		3.000	%		07/31/24		40,000,000		39,271,875
Total Treasury (Cost $117,998,600)								$	117,367,187

Registered Investment Companies - 19.6%	Shares		Fair Value
State Street Institutional Liquid Reserves Fund - Premier Class, 4.97% (d)		128,669,602	$	128,695,336
State Street Navigator Securities Lending Portfolio I, 4.72% (d)(e)		220,754,560		220,754,560
Total Registered Investment Companies (Cost $349,460,959)			$	349,449,896
Total Investment Securities - 111.7% (Cost $1,516,397,951)			$	1,992,531,114
Segregated Cash With Custodian - 28.4%				506,645,499
Investments Sold Short - (28.4)% (Proceeds $520,804,918)				(506,153,199	)
Liabilities in Excess of Other Assets - (11.7)%				(208,176,229	)
Net Assets - 100.0%			$	1,784,847,185

(a)	Non-income producing security.
(b)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2023 was $218,614,712.
(c)	All or a portion of the shares have been pledged as collateral for open short positions.
(d)	The rate shown is the 7-day effective yield as of March 31, 2023.
(e)	This security was purchased using cash collateral held from securities on loan.

ADR -	American Depositary Receipt
plc -	Public Limited Company

Diamond Hill Long-Short Fund
Schedule of Investments Sold Short
March 31, 2023 (Unaudited)

Common Stocks - 28.4%	Shares		Fair Value
Communication Services - 0.6%
Cogent Communications Holdings, Inc.		75,895	$	4,836,029
United States Cellular Corp.		236,640		4,905,547
				9,741,576
Consumer Discretionary - 7.2%
Acushnet Holdings Corp.		264,165		13,456,565
Best Buy Co., Inc.		129,726		10,153,654
Dick's Sporting Goods, Inc.		161,061		22,852,945
Etsy, Inc.		120,795		13,448,107
GameStop Corp., Class A		397,995		9,161,845
Grand Canyon Education, Inc.		246,547		28,081,703
Macy's, Inc.		162,520		2,842,475
SeaWorld Entertainment, Inc.		222,230		13,624,921
Shake Shack, Inc., Class A		130,565		7,245,052
Tesla, Inc.		39,657		8,227,241
				129,094,508
Consumer Staples - 5.0%
Brown-Forman Corp., Class B		345,835		22,226,816
Clorox Co. (The)		55,535		8,787,858
e.l.f. Beauty, Inc.		243,615		20,061,695
J.M. Smucker Co. (The)		93,435		14,703,866
WD-40 Co.		127,658		22,729,507
				88,509,742
Financials - 2.7%
Bank of Hawaii Corp.		41,045		2,137,624
Blackstone Mortgage Trust, Inc., Class A		121,445		2,167,793
Commerce Bancshares, Inc.		392,425		22,897,999
First Financial Bankshares, Inc.		283,831		9,054,209
Palomar Holdings, Inc.		176,935		9,766,812
Westamerica BanCorp.		38,215		1,692,925
				47,717,362
Health Care - 2.3%
AMN Healthcare Services, Inc.		109,155		9,055,499
CONMED Corp.		55,515		5,765,788
Penumbra, Inc.		80,115		22,327,249

Diamond Hill Long-Short Fund
Schedule of Investments Sold Short (Continued)
March 31, 2023 (Unaudited)

Common Stocks - 28.4% (continued)	Shares		Fair Value
Health Care - 2.3% (continued)
Waters Corp.		13,630	$	4,220,257
				41,368,793
Industrials - 3.8%
Avis Budget Group, Inc.		24,605		4,793,054
CBIZ, Inc.		187,740		9,291,253
Cintas Corp.		14,784		6,840,261
Robert Half International, Inc.		181,533		14,626,114
United Parcel Service, Inc., Class B		129,770		25,174,082
W.W. Grainger, Inc.		10,970		7,556,246
				68,281,010
Information Technology - 4.7%
Asana, Inc., Class A		335,735		7,094,081
Badger Meter, Inc.		164,766		20,071,794
Consensus Cloud Solutions, Inc.		71,363		2,432,765
F5, Inc.		34,682		5,052,821
International Business Machines Corp.		98,035		12,851,408
NetScout Systems, Inc.		296,585		8,497,160
Oracle Corp.		93,995		8,734,015
Teradata Corp.		487,595		19,640,327
				84,374,371
Materials - 0.6%
Silgan Holdings, Inc.		183,785		9,863,741
Utilities - 1.5%
Consolidated Edison, Inc.		38,325		3,666,553
Ormat Technologies, Inc.		277,640		23,535,543
				27,202,096
Total Investments Sold Short - 28.4% (Proceeds $520,804,918)			$	506,153,199

Percentages disclosed are based on total net assets of the Fund at March 31, 2023.

Diamond Hill International Fund
Schedule of Investments
March 31, 2023

Common Stocks - 95.4%	Shares		Fair Value
Brazil - 1.3%
Ambev SA		264,855	$	750,995
Canada - 6.3%
Canadian Natural Resources Ltd. (a)		13,056		722,489
Cenovus Energy, Inc. (a)		20,178		352,046
Fairfax Financial Holdings Ltd.		3,181		2,115,528
Imperial Oil Ltd. (a)		8,229		418,476
				3,608,539
China - 5.6%
Alibaba Group Holding Ltd. (b)		80,200		1,015,765
Fu Shou Yuan International Group Ltd.		860,000		695,845
Tencent Holdings Ltd.		31,500		1,539,372
				3,250,982
France - 3.6%
Safran SA		9,558		1,415,217
Ubisoft Entertainment SA (b)		25,840		688,855
				2,104,072
Germany - 5.6%
Fuchs Petrolub SE		40,053		1,371,158
SAP SE		7,861		992,811
Vitesco Technologies Group AG (b)		12,130		877,325
				3,241,294
India - 2.9%
HDFC Bank Ltd. - ADR		24,984		1,665,683
Ireland - 0.5%
ICON plc (b)		1,335		285,143
Israel - 2.9%
Check Point Software Technologies Ltd. (b)		12,796		1,663,480
Italy - 1.5%
doValue SpA		124,556		852,499

Diamond Hill International Fund
Schedule of Investments (Continued)
March 31, 2023

Common Stocks - 95.4% (Continued)	Shares		Fair Value
Japan - 6.0%
Astellas Pharma, Inc.		78,300	$	1,112,500
Hakuhodo DY Holdings, Inc. (a)		59,800		678,019
Nintendo Co. Ltd. - ADR		136,880		1,326,367
Shionogi & Co. Ltd.		8,100		365,377
				3,482,263
Mexico - 3.1%
Fomento Economico Mexicano SAB de CV (a)		185,612		1,766,787
Netherlands - 4.2%
EXOR NV (b)		18,576		1,532,075
uniQure NV (a)(b)		9,915		199,688
Universal Music Group NV		27,153		687,780
				2,419,543
Peru - 1.1%
Credicorp Ltd.		4,676		619,056
Poland - 2.3%
Dino Polska SA (b)		14,841		1,348,575
South Korea - 3.3%
Samsung Electronics Co. Ltd.		38,077		1,877,105
Spain - 0.6%
Banco Bilbao Vizcaya Argentaria SA (a)		46,669		333,720
Sweden - 2.5%
Assa Abloy AB, Class B		60,709		1,454,046
Switzerland - 11.2%
Compagnie Financiere Richemont SA, Class A		6,735		1,080,199
Nestlé SA		9,944		1,212,703
Novartis AG - ADR (a)		19,949		1,835,308
Roche Holdings AG		3,565		1,018,862
Swatch Group AG (The)		3,863		1,330,629
				6,477,701

Diamond Hill International Fund
Schedule of Investments (Continued)
March 31, 2023

Common Stocks - 95.4% (Continued)	Shares		Fair Value
Taiwan Province of China - 0.8%
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR		5,167	$	480,634
United Kingdom - 22.4%
Ashmore Group plc		511,602		1,513,465
Beazley plc		84,883		627,701
Bunzl plc		27,061		1,022,222
Compass Group plc		50,031		1,257,428
Diageo plc		31,455		1,403,905
GSK plc		56,737		1,002,561
Haleon plc		60,772		241,427
Howden Joinery Group plc		153,858		1,328,565
Smith & Nephew plc		78,467		1,090,795
Tesco plc		469,305		1,538,671
Unilever plc		36,727		1,901,583
				12,928,323
United States - 7.7%
Aurinia Pharmaceuticals, Inc. (a)(b)		28,574		313,171
Energy Recovery, Inc. (a)(b)		34,320		791,076
Freeport-McMoRan, Inc.		23,457		959,626
Spotify Technology SA (b)		14,114		1,885,913
Walt Disney Co. (The) (b)		4,743		474,917
				4,424,703
Total Common Stocks (Cost $55,281,430)			$	55,035,143
Warrants - 0.0% (c)	Shares		Fair Value
Switzerland - 0.0% (c)
Compagnie Financiere Richemont SA (Cost $0) (b)		8,320	$	10,459

Diamond Hill International Fund
Schedule of Investments (Continued)
March 31, 2023

Registered Investment Companies - 10.3%	Shares		Fair Value
State Street Institutional US Government Money Market Fund - Premier Class, 4.70% (d)		2,808,589	$	2,808,589
State Street Navigator Securities Lending Portfolio I, 4.72% (d)(e)		3,117,655		3,117,655
Total Registered Investment Companies (Cost $5,926,244)			$	5,926,244
Total Investment Securities - 105.7% (Cost $61,207,674)			$	60,971,846
Liabilities in Excess of Other Assets - (5.7)%				(3,278,207	)
Net Assets - 100.0%			$	57,693,639

(a)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of March 31, 2023 was $3,727,157.
(b)	Non-income producing security.
(c)	Percentage rounds to less than 0.1%.
(d)	The rate shown is the 7-day effective yield as of March 31, 2023.
(e)	This security was purchased using cash collateral held from securities on loan.  Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $730,365.

AB -	Aktiebolag
ADR -	American Depositary Receipt
AG -	Aktiengesellschaft
DE -	German Security
NV -	Naamloze Vennootschap
plc -	Public Limited Company
SA -	Societe Anonyme
SAB de CV-	Societe Anonima Bursatil de Capital Variable
SE -	Societe Europaea
SpA -	Societa per Azioni

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments
March 31, 2023 (Unaudited)

Corporate Credit - 5.4%	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 3.1%
Bank of America Corp.		1.486	%		05/19/24	$	4,514,000	$	4,488,933
Capital One Financial Corp. (a)		1.343	%		12/06/24		1,700,000		1,641,359
Capital One Financial Corp.		2.636	%		03/03/26		1,000,000		926,443
Citigroup, Inc. (1* SOFR + 53) (a)		1.281	%		11/03/25		2,750,000		2,568,720
Discover Financial Services		3.750	%		03/04/25		2,750,000		2,591,195
Fifth Third Bancorp		1.707	%		11/01/27		1,200,000		1,013,694
Goldman Sachs Group, Inc.		1.217	%		12/06/23		1,000,000		971,257
Goldman Sachs Group, Inc.		0.925	%		10/21/24		5,000,000		4,865,000
JPMorgan Chase & Co. (1* SOFR + 60) (a)		0.653	%		09/16/24		350,000		342,153
JPMorgan Chase & Co. (b)		0.768	%		08/09/25		3,000,000		2,816,700
JPMorgan Chase & Co.		1.561	%		12/10/25		2,000,000		1,875,577
JPMorgan Chase & Co.		2.595	%		02/24/26		1,700,000		1,611,087
JPMorgan Chase & Co. (a)		1.470	%		09/22/27		1,600,000		1,411,054
Morgan Stanley		3.875	%		04/29/24		2,000,000		1,975,190
Morgan Stanley		0.791	%		01/22/25		3,800,000		3,655,410
Royal Bank of Canada		0.750	%		10/07/24		2,000,000		1,875,000
Royal Bank of Canada		3.375	%		04/14/25		900,000		873,395
Toronto-Dominion Bank (The)		0.700	%		09/10/24		900,000		846,279
Toronto-Dominion Bank (The) (b)		1.250	%		12/13/24		500,000		469,382
Truist Financial Corp.		4.976	%		06/09/25		800,000		765,992
Wells Fargo & Co., Class MTN (1* SOFR + 160) (a)		1.654	%		06/02/24		1,000,000		993,564
Wells Fargo & Co. (1* SOFR + 200) (a)		2.188	%		04/30/26		1,675,000		1,569,742
									40,147,126
Communications - 0.0% (c)
Fox Corp. (b)		4.030	%		01/25/24		450,000		445,105
Consumer Cyclical - 0.4%
General Motors Financial Co.		1.250	%		01/08/26		3,700,000		3,331,664
Honda Motor Co. (b)		2.271	%		03/10/25		900,000		859,972
Mercedes-Benz Financing (d)		2.700	%		06/14/24		1,000,000		974,272
									5,165,908
Consumer Non-Cyclical - 0.3%
Baxter International, Inc.		0.868	%		12/01/23		1,800,000		1,751,374
Kroger Co. (The)		4.000	%		02/01/24		1,800,000		1,786,072

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Corporate Credit - 5.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Consumer Non-Cyclical - 0.3% (Continued)
Mondelez International, Inc. (d)		0.750	%		09/24/24	$	300,000	$	281,779
									3,819,225
Electric - 0.3%
DTE Energy Co.		1.050	%		06/01/25		500,000		459,486
WEC Energy Group, Inc.		0.800	%		03/15/24		2,750,000		2,633,101
									3,092,587
Energy - 0.2%
Devon Energy Corp.		5.250	%		09/15/24		1,000,000		1,002,443
Energy Transfer Operating, LP		4.500	%		04/15/24		925,000		913,892
TransCanada Pipeline Ltd.		1.000	%		10/12/24		750,000		703,305
									2,619,640
Insurance - 0.9%
Athene Global Funding (d)		2.500	%		01/14/25		1,450,000		1,368,049
Equitable Financial Life (d)		1.100	%		11/12/24		3,050,000		2,880,251
Met Life Global Funding I (b)(d)		0.700	%		09/27/24		1,200,000		1,126,573
New York Life Global Funding (d)		0.900	%		10/29/24		800,000		754,080
Principal Life Global Funding II (d)		0.750	%		08/23/24		1,265,000		1,190,076
Protective Life Global Funding (d)		0.473	%		01/12/24		2,945,000		2,832,181
Protective Life Global Funding (d)		0.781	%		07/05/24		1,700,000		1,610,362
									11,761,572
Technology - 0.0% (c)
Dell International, LLC/EMC Corp.		4.900	%		10/01/26		300,000		299,240
Transportation - 0.2%
Alaska Airlines Pass-Through Trust, Series 2020-1B, Class A (d)		4.800	%		02/15/29		402,015		390,143
American Airlines Pass-Through Trust, Series 2016-2, Class AA		3.200	%		12/15/29		1,439,000		1,290,926
United Airlines Pass-Through Trust, Series 2020-1, Class A		5.875	%		04/15/29		905,440		902,707
									2,583,776
Total Corporate Credit (Cost $72,986,564)								$	69,934,179

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4%	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 7.2%
BXG Receivables Note Trust, Series 2018-A, Class C (d)		4.440	%		02/02/34	$	601,875	$	560,904
Cascade Funding Mortgage Trust, Series 2021-GRN1, Class B (d)		1.830	%		03/20/41		3,588,000		3,035,334
Diamond Resorts Owner Trust, Series 2019-1, Class B (d)		3.530	%		02/20/32		232,040		222,488
Diamond Resorts Owner Trust, Series 2019-1A, Class D (d)		5.250	%		02/20/32		456,655		433,971
Diamond Resorts Owner Trust, Series 2021-1A, Class B (d)		2.050	%		11/21/33		744,628		685,038
Diamond Resorts Owner Trust, Series 2021-1A, Class C (d)		2.700	%		11/21/33		699,950		642,168
Diamond Resorts Owner Trust, Series 2021-1A, Class D (d)		3.830	%		11/21/33		372,314		338,983
FMC GMSR Issuer Trust, Series 2020-GT1, Class A (a)(d)		4.450	%		01/25/26		8,350,000		7,656,583
FMC GMSR Issuer Trust, Series 2021-GT1, Class A (a)(d)		3.620	%		07/25/26		9,000,000		7,716,901
FMC GMSR Issuer Trust,  Series 2021-GT2, Class A (d)		3.850	%		10/25/26		11,500,000		9,856,686
FMC GMSR Issuer Trust,  Series 2022-GT2, Class A (d)		7.900	%		07/25/27		4,850,000		4,840,749
Gold Key Resorts, LLC,  Series 2014-A, Class A (d)		3.220	%		03/17/31		16,848		16,618
Helios Issuer, LLC, Series 2020-4, Class A (d)		2.980	%		06/20/47		1,558,951		1,382,000
Helios Issuer, LLC, Series 2021-A, Class A (d)		1.800	%		02/20/48		1,088,886		906,286
Hero Funding Trust, Series 2016-4B, Class B (d)		4.990	%		09/20/47		283,736		272,689
Holiday Inn Timeshare Trust, Series 2020-A, Class C (d)		3.420	%		10/09/39		917,352		850,160
Holiday Inn Timeshare Trust, Series 2020-A, Class D (d)		5.500	%		10/09/39		426,675		396,885
Holiday Inn Timeshare Trust, Series 2020-A, Class E (d)		6.500	%		10/09/39		2,432,050		2,266,156

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 7.2% (Continued)
Loanpal Solar Loan Ltd., Series 2021-1GS, Class A (d)		2.290	%		01/20/48	$	2,557,480	$	2,017,947
Loanpal Solar Loan Ltd., Series 2021-2GS, Class A (d)		2.220	%		03/20/48		1,947,164		1,528,498
Mosaic Solar Loans, LLC, Series 2017-2, Class B (d)		4.770	%		06/22/43		401,622		370,760
Mosaic Solar Loans, LLC, Series 2020-1, Class A (d)		2.100	%		04/20/46		1,481,494		1,290,630
Mosaic Solar Loans, LLC, Series 2020-1A, Class B (d)		3.100	%		04/20/46		1,185,196		1,021,562
Mosaic Solar Loans, LLC, Series 2021-1, Class D (d)		3.710	%		12/20/46		670,194		585,753
Mosaic Solar Loans, LLC, Series 2023-2A, Class C (d)		8.180	%		09/22/53		11,000,000		9,915,051
MVW Own Trust, Series 2021-1W, Class D (d)		3.170	%		01/22/41		1,265,288		1,136,956
NRZ Excess Spread Collateralization, Series 2021-GNT1, Class A (d)		3.474	%		11/25/26		9,377,806		8,554,888
PNMAC GMSR Issuer Trust, Series 2018-GT1, Class A (1* 1MO LIBOR + 285) (a)(d)		7.467	%		02/25/25		7,000,000		6,964,012
PNMAC GMSR Issuer Trust, Series 2018-GT2, Class NT (1* 1MO LIBOR + 265) (a)(d)		7.267	%		08/25/25		10,700,000		10,582,529
Renew Financial, LLC, Series 2017-1, Class A (d)		3.670	%		09/20/52		1,032,206		906,809
Renew Financial, LLC, Series 2017-1, Class B (d)		5.750	%		09/20/52		344,946		321,230
Sierra Receivables Funding, Series 2022-2A, Class D (d)		9.220	%		06/20/40		975,756		960,198
SPS Servicer Advance Receivables, Series 2020-T2, Class B (d)		2.130	%		11/15/55		2,213,000		1,959,771
SPS Servicer Advance Receivables, Series 2020-T2, Class D (d)		3.160	%		11/15/55		3,000,000		2,534,918
Westgate Resorts, Series 2020-1A, Class C (d)		6.213	%		03/20/34		921,838		911,010
									93,643,121

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 1.0%
FHLMC, Series 2979, Class FP (1* 1MO LIBOR + 45) (a)		5.134	%		05/15/35	$	277,308	$	273,788
FHLMC, Series 3121, Class FM (1* 1MO LIBOR + 40) (a)		5.084	%		03/15/36		255,681		251,894
FHLMC, Series 4613, Class AF (1* 1MO LIBOR + 110) (a)		5.784	%		11/15/37		436,385		435,708
FHLMC, Series 3925, Class FL (1* 1MO LIBOR + 45) (a)		5.134	%		01/15/41		57,077		56,819
FHLMC, Series 3895, Class BF (1* 1MO LIBOR + 50) (a)		5.184	%		07/15/41		201,102		197,694
FHLMC, Series 4314, Class PF (1* 1MO LIBOR + 40) (a)		5.084	%		07/15/43		88,296		87,492
FHLMC, Series 5171, Class UK		2.000	%		12/25/51		1,163,171		670,192
FNMA, Series 2006-56, Class DC (1* 1MO LIBOR + 65) (a)		5.495	%		07/25/36		506,324		510,306
FNMA, Series 2006-108, Class FD (1* 1MO LIBOR + 38) (a)		5.225	%		11/25/36		210,232		206,726
FNMA, Series 2010-136, Class FA (1* 1MO LIBOR + 50) (a)		5.345	%		12/25/40		207,220		202,816
FNMA, Series 2011-86, Class KF (1* 1MO LIBOR + 55) (a)		5.395	%		09/25/41		349,491		343,684
FNMA, Series 2011-127, Class ZU		3.500	%		12/25/41		4,854,033		4,522,781
FNMA, Series 2012-9, Class FC  (1* 1MO LIBOR + 40) (a)		5.245	%		02/25/42		149,711		146,927
FNMA, Series 2012-33, Class F (1* 1MO LIBOR + 52) (a)		5.365	%		04/25/42		105,102		103,547
FNMA, Series 2013-34, Class GP		3.000	%		05/25/42		2,384,123		2,272,139
FNMA, Series 2017-28, Class LK		4.000	%		03/25/53		1,152,517		1,132,778
GNMA, Series 2012-H29, Class SA (1* 1MO LIBOR + 52) (a)		5.081	%		10/20/62		498,290		495,332
GNMA, Series 2012-H23, Class SA (1* 1MO LIBOR + 53) (a)		5.096	%		10/20/62		541,600		537,725
GNMA, Series 2016-H11, Class FD (1* 12MO LIBOR + 40) (a)		2.572	%		05/20/66		77,139		76,468
									12,524,816

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO Derivatives - 0.1%
FHLMC, Series 237, Class S14 (IO) (-1* 1MO LIBOR + 660) (a)		1.916	%		05/15/36	$	452,614	$	55,175
FNMA, Series 2012-148, Class IA (IO)		4.000	%		01/25/28		1,454,980		75,930
FNMA, Series 301, Class I (PO)		0.000	%		04/25/29		162,739		148,128
FNMA, Series 2010-44, Class CS (IO) (-1* 1MO LIBOR + 655) (a)		1.705	%		05/25/40		270,375		27,310
FNMA, Series 2014-45, Class IO (IO)		4.000	%		08/25/44		389,766		46,833
GNMA, Series 2015-16, Class IL (IO)		4.000	%		03/20/42		1,035,977		34,448
GNMA, Series 2013-H13, Class T1 (IO) (a)		0.487	%		05/20/63		17,551,626		85,582
GNMA, Series 2016-H20, Class GI (IO) (a)		0.874	%		08/20/66		13,734,249		20,498
GNMA, Series 2018-H08, Class NI (IO) (a)		1.412	%		05/20/68		9,430,283		47,772
GNMA, Series 2019-H04, Class IO (IO) (a)		1.544	%		03/20/69		16,419,066		331,829
									873,505
Agency MBS Passthrough - 0.8%
FHLMC, Pool #FG G60257		5.500	%		06/01/41		378,261		393,129
FNMA, Pool #FN BP6608		2.205	%		08/01/50		2,379,552		2,224,582
FNMA, Pool #BM7138		1.694	%		10/01/51		9,117,254		8,226,101
									10,843,812
Auto Loan - 5.8%
ACC Auto Trust, Series 2021-A, Class A (d)		1.080	%		04/15/27		253,964		251,981
ACM Auto Trust, Series 2023-1A, Class C (d)		8.590	%		01/22/30		4,000,000		3,988,162
American Credit Acceptance Receivables Trust, Series 2020-3, Class F (d)		5.940	%		06/14/27		6,750,000		6,652,292
American Credit Acceptance Receivables Trust, Series 2020-4, Class F (d)		5.220	%		08/13/27		2,800,000		2,740,091
Arivo Acceptance Auto Loan Receivables Trust, Series 2021-1A, Class A (d)		1.190	%		01/15/27		2,821,876		2,734,933
Arivo Acceptance Auto Loan Receivables Trust, Series 2021-1A, Class B (d)		2.020	%		02/16/27		2,223,000		2,019,030
Arivo Acceptance Auto Loan Receivables Trust, Series 2022-2A, Class C (d)		9.840	%		03/15/29		7,400,000		7,650,834
CarNow Auto Receivables Trust, Series 2021-1A, Class C (d)		2.160	%		02/17/26		500,000		490,369
CarNow Auto Receivables Trust, Series 2021-1A, Class D (d)		3.640	%		02/17/26		2,250,000		2,150,850

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Auto Loan - 5.8% (Continued)
CarNow Auto Receivables Trust, Series 2023-1A, Class B (d)		6.950	%		03/16/26	$	3,000,000	$	2,989,781
CarNow Auto Receivables Trust, Series 2021-1A, Class E (d)		5.120	%		07/15/27		2,500,000		2,396,695
CarNow Auto Receivables Trust, Series 2023-1A, Class D (d)		7.990	%		02/15/28		3,500,000		3,447,926
Chase Credit Linked Notes, Series 2021-3, Class D (d)		1.009	%		02/26/29		1,293,147		1,218,767
Chase Credit Linked Notes, Series 2021-3, Class E (d)		2.102	%		02/26/29		1,077,622		1,013,113
CIG Auto Receivables Trust, Series 2020-1, Class D (d)		2.350	%		01/12/26		2,400,000		2,331,064
Credito Real USA Auto Receivable, Series 2021-1, Class A (d)		1.350	%		02/16/27		1,404,399		1,379,884
FHF Trust, Series 2020-1, Class B (d)		3.100	%		09/15/25		2,176,336		2,163,607
FHF Trust, Series 2021-2A, Class A (d)		0.830	%		12/15/26		3,222,588		3,068,763
FHF Trust, Series 2021-1, Class A (d)		1.270	%		03/15/27		996,387		956,972
FHF Trust, Series 2021-2A, Class B (d)		1.630	%		09/15/27		10,900,000		9,755,929
JPMorgan Chase Bank, NA, Series 2020-1, Class D (d)		1.886	%		01/25/28		205,245		203,186
JPMorgan Chase Bank, NA, Series 2021-2, Class E (d)		2.280	%		12/26/28		705,572		678,636
OneMain Direct Auto Receivables, Series 2019-1, Class D (d)		4.680	%		04/14/31		5,500,000		5,053,337
Prestige Auto Receivables Trust, Series 2018-1A, Class D (d)		4.140	%		10/15/24		2,289,704		2,285,889
Veros Auto Receivables Trust, Series 2021-1, Class B (d)		1.490	%		10/15/26		4,500,000		4,308,620
Veros Auto Receivables Trust, Series 2021-1, Class C (d)		3.640	%		08/15/28		5,000,000		4,669,978
									76,600,689
CRE/CLO - 7.6%
A10 Securitization, Series 2021-D, Class D (d)(e)		4.409	%		10/01/38		7,546,818		6,867,083
A10 Securitization, Series 2021-D, Class E (d)(e)		4.937	%		10/01/38		3,575,985		3,204,848
A10 Securitization, Series 2020-C, Class B (d)(e)		2.617	%		08/15/40		689,424		689,400

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
CRE/CLO - 7.6% (Continued)
A10 Securitization, Series 2020-C, Class C (d)(e)		3.363	%		08/15/40	$	2,800,000	$	2,775,956
A10 Securitization, Series 2020-C, Class D (d)(e)		4.129	%		08/15/40		1,950,000		1,892,572
A10 Securitization, Series 2020-C, Class E (d)(e)		5.465	%		08/15/40		1,050,000		997,515
Acre Commercial Mortgage Trust, Series 2021-FL4, Class A (1* 1MO LIBOR + 83) (d)		5.591	%		12/18/37		2,939,954		2,887,881
Acre Commercial Mortgage Trust, Series 2021-FL4, Class D  (1* 1MO LIBOR + 260) (a)(d)		7.361	%		12/18/37		6,000,000		5,544,948
Acre Commercial Mortgage Trust, Series 2021-FL4, Class E  (1* 1MO LIBOR + 310) (a)(d)		7.861	%		12/18/37		2,000,000		1,899,820
ACREC, LLC, Series 2023-FL2, Class C (1* TSFR1M + 428) (a)(d)		8.972	%		02/19/38		2,450,000		2,414,299
Arbor Realty Collateralized Loan, Series 2022-FL1, Class D (1* SOFR30A + 300) (a)(d)		7.558	%		01/15/37		4,750,000		4,321,825
AREIT CRE Trust, Series 2021-CRE5, Class A (1* 1MO LIBOR + 108) (a)(d)		5.681	%		11/17/38		1,212,652		1,184,446
Bancorp Commercial Mortgage Trust (The), Series 2017-CRE2, Class D (1* 1MO LIBOR + 375) (a)(d)		8.338	%		08/15/32		1,374,049		1,362,697
BDS Ltd., Series 2021-FL8, Class D (1* 1MO LIBOR + 300) (a)(d)		6.661	%		01/18/36		2,750,000		2,529,249
BDS Ltd., Series 2021-FL8, Class E (1* 1MO LIBOR + 225) (a)(d)		7.011	%		01/18/36		1,750,000		1,604,519
BXMT Ltd., Series 2020-FL2, Class D (1* 1MO LIBOR + 195) (a)(d)		6.628	%		02/15/38		4,725,000		4,269,926
BXMT Ltd., Series 2020-FL2, Class E (1* 1MO LIBOR + 205) (a)(d)		6.728	%		02/15/38		3,500,000		3,136,560
BXMT Ltd., Series 2021-FL4, Class D (1* 1MO LIBOR + 225) (a)(d)		6.838	%		05/15/38		8,250,000		7,202,992
LoanCore Issuer Ltd., Series 2019-CRE3, Class D (1* 1MO LIBOR + 250) (a)(d)		7.088	%		04/15/34		7,200,000		7,106,897
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL5, Class A (1* TSFR1M + 96) (a)(d)		5.526	%		07/15/36		1,223,677		1,197,939

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
CRE/CLO - 7.6% (Continued)
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL5, Class AS (1* TSFR1M + 131) (a)(d)		5.876	%		07/15/36	$	1,904,000	$	1,838,937
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL7, Class AS  (1* 1MO LIBOR + 145) (a)(d)		6.041	%		10/16/36		2,850,000		2,737,833
MF1 Multifamily Housing Mortgage Trust, Series 2022-FL8, Class B  (1* SOFR30A + 195) (a)(d)		6.510	%		02/19/37		3,500,000		3,292,030
MF1 Multifamily Housing Mortgage Trust, Series 2022-FL10, Class C (1* TSFR1M + 448) (d)		9.239	%		09/17/37		3,250,000		3,216,002
MF1 Multifamily Housing Mortgage Trust, Series 2022-FL10, Class D (1* TSFR1M + 573) (a)(d)		10.485	%		09/17/37		1,250,000		1,224,971
PFP Ltd., Series 2021-8, Class A (1* 1MO LIBOR + 100) (a)(d)		5.590	%		08/09/37		3,521,902		3,454,679
PFP Ltd., Series 2021-8, Class C (1* 1MO LIBOR + 180) (a)(d)		6.530	%		08/09/37		2,000,000		1,860,514
PFP Ltd., Series 2021-7, Class A (1* 1MO LIBOR + 85) (a)(d)		5.438	%		04/14/38		520,556		511,409
PFP Ltd., Series 2021-7, Class A-S (1* 1MO LIBOR + 115) (d)		5.738	%		04/14/38		2,999,850		2,915,854
PFP Ltd., Series 2021-7, Class D (1* 1MO LIBOR + 240) (a)(d)		6.990	%		04/14/38		2,499,875		2,322,947
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class C  (1* 1MO LIBOR + 190) (a)(d)		6.406	%		07/25/36		1,800,000		1,683,657
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class A  (1* 1MO LIBOR + 290) (a)(d)		7.406	%		07/25/36		4,500,000		4,073,062
ReadyCap Commercial Mortgage Trust, Series 2021-FL7, Class A  (1* 1MO LIBOR + 120) (a)(d)		5.817	%		11/25/36		2,161,489		2,108,336

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
CRE/CLO - 7.6% (Continued)
Shelter Growth Capital Partners, LLC, Series 2021-FL3, Class A (1* 1MO LIBOR + 108) (a)(d)		5.764	%		09/15/36	$	1,272,180	$	1,241,024
Shelter Growth Capital Partners, LLC, Series 2021-FL3, Class C (1* 1MO LIBOR + 215) (a)(d)		6.834	%		09/15/36		3,800,000		3,517,462
									99,090,089
Credit Cards - 9.8%
Brex Commercial Charge Card Master Trust, Series 2022-1, Class A (d)		4.630	%		07/15/25		5,000,000		4,880,394
Continental Credit Card, LLC, Series 2019-1, Class A (d)		3.830	%		08/15/26		2,594,380		2,582,375
Continental Credit Card, LLC, Series 2019-1, Class B (d)		4.950	%		08/15/26		7,450,000		7,351,556
Continental Credit Card, LLC, Series 2019-1, Class C (d)		6.160	%		08/15/26		3,000,000		2,926,339
Continental Credit Card, LLC, Series 2020-A, Class A (d)		2.240	%		12/15/28		3,600,000		3,433,542
Continental Credit Card, LLC, Series 2020-A, Class B (d)		3.660	%		12/15/28		6,800,000		6,305,136
Continental Credit Card, LLC, Series 2021-A, Class B (d)		3.490	%		12/17/29		6,700,000		5,876,381
Continental Credit Card, LLC, Series 2021-A, Class C (d)		4.020	%		12/17/29		6,900,000		5,874,577
Continental Credit Card, LLC, Series 2021-A, Class D (d)		6.010	%		12/17/29		16,210,000		13,609,248
Continental Credit Card, LLC, Series 2022-A, Class C (d)		9.330	%		10/15/30		4,100,000		3,905,362
Continental Credit Card, LLC, Series 2022-A, Class D (d)		12.420	%		10/15/30		5,000,000		4,834,102
Genesis Private Label Amortization Trust, Series 2020-1, Class D (d)		6.630	%		07/20/30		8,096,893		8,047,383
Genesis Private Label Amortization Trust, Series 2020-1, Class E (d)		9.760	%		07/20/30		2,625,000		2,587,197

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Credit Cards - 9.8% (Continued)
Genesis Sales Finance Master Trust, Series 2021-AA, Class D (d)		2.090	%		12/21/26	$	2,350,000	$	2,161,697
Genesis Sales Finance Master Trust, Series 2021-AA, Class E (d)		3.770	%		12/21/26		6,000,000		5,459,170
Genesis Sales Finance Master Trust, Series 2021-AA, Class F (d)		5.590	%		12/21/26		4,000,000		3,599,346
Genesis Sales Finance Master Trust, Series 2022-B, Class C (d)		9.530	%		09/20/27		5,000,000		5,017,857
Genesis Sales Finance Master Trust, Series 2022-A, Class D (d)		10.970	%		09/20/27		4,350,000		4,348,929
Mercury Financial Credit Card Master Trust, Series 2022-1A, Class A (d)		2.500	%		09/21/26		3,270,000		3,068,637
Mercury Financial Credit Card Master Trust, Series 2022-2A, Class C (d)		10.830	%		03/22/27		8,000,000		7,776,948
Mercury Financial Credit Card Master Trust, Series 2022-3A, Class B (d)		10.680	%		06/21/27		3,500,000		3,488,945
Mercury Financial Credit Card Master Trust, Series 2022-3A, Class D (d)		17.760	%		06/21/27		4,000,000		3,967,459
Mercury Financial Credit Card Master Trust, Series 2023-1A, Class B (d)		8.040	%		09/20/27		7,000,000		7,002,488
Mercury Financial Credit Card Master Trust, Series 2023-1A, Class D (d)		17.070	%		09/20/27		10,000,000		9,921,774
									128,026,842
Equipment - 1.2%
Business Jet Securities, LLC, Series 2020-1, Class B (d)		3.967	%		11/15/35		524,605		485,342
Business Jet Securities, LLC, Series 2020-1, Class C (d)		7.142	%		11/15/35		863,101		807,302
Business Jet Securities, LLC, Series 2021-1A, Class B (d)		2.918	%		04/15/36		1,013,410		932,337
Business Jet Securities, LLC, Series 2021-1A, Class C (d)		5.067	%		04/15/36		1,587,676		1,465,425
HPEFS Equipment Trust, Series 2022-1A, Class A3 (d)		1.380	%		05/21/29		3,000,000		2,899,840

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Equipment - 1.2% (Continued)
Octane Receivables Trust, Series 2021-1A, Class C (d)		2.230	%		11/20/28	$	3,000,000	$	2,709,798
Post Road Equipment Finance, Series 2021-1A, Class E (d)		4.360	%		03/15/29		1,340,000		1,281,685
Stellar Jay Ireland DAC, Series 2021-1, Class B (d)(e)		5.926	%		10/15/41		7,433,479		5,649,518
									16,231,247
HECM - 4.1%
Boston Lending Trust, Series 2022-1, Class M2 (d)(e)		2.750	%		02/25/62		1,031,932		793,049
Brean Asset Backed Securities, Series 2021-RM2, Class A (d)		1.750	%		10/25/61		7,908,348		6,926,178
Brean Asset Backed Securities, Series 2022-RM4, Class M1 (d)(e)		3.000	%		07/25/62		1,424,362		982,080
Brean Asset Backed Securities, Series 2023-RM6, Class A2 (d)		5.250	%		01/25/63		2,250,000		1,926,424
Cascade Funding Mortgage Trust, Series 2022-HB8, Class A (d)		3.750	%		04/25/25		3,042,941		2,975,765
Cascade Funding Mortgage Trust, Series 2022-HB8, Class M3 (d)		3.750	%		04/25/25		3,000,000		2,462,610
Cascade Funding Mortgage Trust, Series 2021-HB7, Class M3 (d)		3.849	%		10/27/31		3,000,000		2,735,138
Finance of America HECM Buyout Trust, Series 2022-HB1, Class M3 (a)(d)		5.084	%		02/25/32		1,600,000		1,410,438
Finance of America HECM Buyout Trust, Series 2022-HB1, Class M5 (d)		7.870	%		02/25/32		8,000,000		6,783,997
Finance of America HECM Buyout Trust, Series 2022-HB2, Class M3 (d)		6.000	%		08/01/32		6,500,000		5,807,238
RMF Buyout Issuance Trust, Series 2021-HB1, Class M3 (d)(e)		3.690	%		11/25/31		3,000,000		2,502,757
RMF Buyout Issuance Trust, Series 2021-HB1, Class M4 (d)(e)		4.704	%		11/25/31		6,350,000		4,851,743
RMF Buyout Issuance Trust, Series 2020-HB1, Class M2 (d)(e)		3.630	%		10/25/50		1,000,000		834,537

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
HECM - 4.1% (Continued)
RMF Proprietary Issuance Trust, Series 2021-2, Class A (d)(f)		2.125	%		09/25/61	$	7,723,772	$	5,715,591
RMF Proprietary Issuance Trust, Series 2021-2, Class M2 (d)		2.125	%		09/25/61		2,580,442		1,412,951
RMF Proprietary Issuance Trust, Series 2022-1, Class A (a)(d)		3.000	%		01/25/62		961,516		711,635
RMF Proprietary Issuance Trust, Series 2022-2, Class M3 (a)(d)		3.750	%		06/25/62		2,600,000		1,327,103
RMF Proprietary Issuance Trust II, Series 2022-1, Class M1 (a)(d)		3.000	%		01/25/62		1,600,000		1,039,488
RMF Proprietary Issuance Trust III, Series 2022-1, Class M2 (d)		3.000	%		01/25/62		4,000,000		2,299,583
									53,498,305
Hospitality - 2.1%
BHMS Mortgage Trust, Series 2018-ATLS, Class A (1* 1MO LIBOR + 125) (a)(d)		5.934	%		07/15/35		4,700,000		4,519,982
BX Trust, Series 2018-GW, Class C (1* 1MO LIBOR + 198) (a)(d)		5.808	%		05/15/35		2,500,000		2,411,924
BX Trust, Series 2018-GW, Class D (1* 1MO LIBOR + 177) (a)(d)		6.358	%		05/15/35		1,685,000		1,621,403
BX Trust, Series 2018-GW, Class E (1* 1MO LIBOR + 197) (a)(d)		6.558	%		05/15/35		6,000,000		5,758,464
BX Trust, Series 2021-ARIA, Class E (1* 1MO LIBOR + 224) (a)(d)		6.833	%		10/15/36		1,850,000		1,664,476
Goldman Sachs Mortgage Securities Corp. Trust, Series 2018-HULA, Class B (1* 1MO LIBOR + 125) (a)(d)		5.840	%		07/15/25		4,573,863		4,453,037
Goldman Sachs Mortgage Securities Corp. Trust, Series 2018-HULA, Class C (1* 1MO LIBOR + 145) (a)(d)		6.040	%		07/15/25		3,476,136		3,371,208
Hawaii Hotel Trust, Series 2019-MAUI, Class A (1* 1MO LIBOR + 115) (a)(d)		5.738	%		05/15/38		3,850,000		3,753,321
									27,553,815

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Industrial - 0.6%
BX Trust, Series 2021-VOLT, Class D (1* 1MO LIBOR + 165) (a)(d)		6.334	%		09/15/36	$	6,405,000	$	6,019,531
SMR Mortgage Trust, Series 2022-IND, Class D (1* TSFR1M + 395) (a)(d)		8.777	%		02/15/39		1,715,563		1,584,858
									7,604,389
Manufactured Housing - 0.1%
Cascade Manuafactured Housing Asset Trust, Series 2019-MH1, Class M (a)(d)		5.985	%		11/25/44		1,100,000		1,023,883
Multifamily - 9.0%
FREMF Mortgage Trust, Series 2017-KF39, Class B (1* 1MO LIBOR + 250) (a)(d)		7.169	%		11/25/24		3,844,388		3,789,045
FREMF Mortgage Trust, Series 2018-KF42, Class B (1* 1MO LIBOR + 220) (a)(d)		6.774	%		12/25/24		968,352		947,764
FREMF Mortgage Trust, Series 2018-KF44, Class B (1* 1MO LIBOR + 215) (a)(d)		6.724	%		02/25/25		1,494,342		1,472,648
FREMF Mortgage Trust, Series 2018-KF45, Class B (1* 1MO LIBOR + 195) (a)(d)		6.524	%		03/25/25		1,427,078		1,388,534
FREMF Mortgage Trust, Series 2018-KF53, Class B (1* 1MO LIBOR + 205) (a)(d)		6.624	%		10/25/25		2,133,604		2,095,988
FREMF Mortgage Trust, Series 2019-KF62, Class B (1* 1MO LIBOR + 205) (a)(d)		6.719	%		04/25/26		2,033,495		1,968,691
FREMF Mortgage Trust, Series 2018-KF43, Class B (1* 1MO LIBOR + 215) (a)(d)		6.724	%		01/25/28		2,254,710		2,148,624
FREMF Mortgage Trust, Series 2018-KF50, Class B (1* 1MO LIBOR + 190) (a)(d)		6.474	%		07/25/28		2,503,081		2,303,698
FREMF Mortgage Trust, Series 2019-KF57, Class B (1* 1MO LIBOR + 225) (a)(d)		6.824	%		01/25/29		4,762,119		4,493,017
FREMF Mortgage Trust, Series 2019-KF59, Class B (1* 1MO LIBOR + 235) (a)(d)		7.019	%		02/25/29		1,030,960		975,552
FREMF Mortgage Trust, Series 2019-KF67, Class B (1* 1MO LIBOR + 225) (a)(d)		6.919	%		08/25/29		5,361,161		5,036,703
MultiFamily Connecticut Avenue, Series 2019-01, Class M10 (1* 1MO LIBOR + 325) (d)		7.867	%		10/25/49		4,851,593		4,448,959

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Multifamily - 9.0% (Continued)
MultiFamily Connecticut Avenue, Series 2019-01, Class B-10 (1* 1MO LIBOR + 550) (a)(d)		10.117	%		10/25/49	$	3,000,000	$	2,775,978
MultiFamily Connecticut Avenue, Series 2020-01, Class M-7 (1* 1MO LIBOR + 195) (a)(d)		6.567	%		03/25/50		465,144		448,688
MultiFamily Connecticut Avenue, Series 2020-01, Class M-10 (1* 1MO LIBOR + 375) (a)(d)		8.367	%		03/25/50		5,000,000		4,632,773
MultiFamily Connecticut Avenue, Series 2020-01, Class CE (1* 1MO LIBOR + 750) (a)(d)		12.117	%		03/25/50		3,063,000		2,796,804
MultiFamily Structured Credit Risk, Series 2021-MN2, Class M-1 (1* SOFR30A + 180) (a)(d)		6.284	%		07/25/41		16,494,381		15,016,148
MultiFamily Structured Credit Risk, Series 2021-MN2, Class M2 (1* SOFR30A + 335) (d)		7.834	%		07/25/41		16,250,000		13,682,515
MultiFamily Structured Credit Risk, Series 2021-MN1, Class M-1 (1* SOFR30A + 200) (a)(d)		6.484	%		01/25/51		6,924,219		6,499,183
MultiFamily Structured Credit Risk, Series 2021-MN1, Class M2 (1* SOFR + 400) (a)(d)		8.234	%		01/25/51		8,050,000		6,990,525
MultiFamily Structured Credit Risk, Series 2021-MN3, Class M1  (1* SOFR30A + 230) (a)(d)		6.784	%		11/25/51		18,638,455		17,538,930
MultiFamily Structured Credit Risk, Series 2021-MN3, Class M2 (1* SOFR + 400) (a)(d)		8.484	%		11/25/51		8,400,000		7,240,626
MultiFamily Structured Credit Risk, Series 2021-MN3, Class B1 (1* SOFR + 685) (a)(d)		11.334	%		11/25/51		2,500,000		2,133,076
MultiFamily Structured Credit Risk, Series 2022-MN4, Class M1 (1* SOFR30A + 425) (a)(d)		8.734	%		05/25/52		6,753,441		6,675,807
									117,500,276

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Non-Agency MBS 2.0 - 0.4%
Chase Mortgage Finance Corp., Series 2021-CL1, Class M3 (1* SOFR30A + 155) (a)		6.110	%		02/25/50	$	2,281,855	$	1,901,823
J.P. Morgan Wealth Management, Series 2021-CL1, Class M1 (1* SOFR30A + 130) (a)(d)		5.860	%		03/25/51		1,947,175		1,707,008
J.P. Morgan Wealth Management, Series 2021-CL1, Class M3 (1* SOFR30A + 180) (a)(d)		6.360	%		03/25/51		1,469,640		1,407,946
									5,016,777
Non-Performing Loan - 0.1%
Cascade Funding Mortgage Trust, Series 2021-EBO1, Class M3 (a)(d)		3.086	%		11/25/50		1,662,000		1,468,827
Non-QM - 0.4%
Angel Oak Mortgage Trust, Series 2019-1, Class B1 (d)		5.400	%		11/25/48		5,250,000		5,060,087
Citigroup Mortgage Loan Trust, Inc., Series 2004-UST1, Class A3 (a)		4.236	%		08/25/34		4,317		3,995
									5,064,082
Residential Transition Loan - 6.6%
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A1 (d)		3.280	%		01/25/26		9,703,436		9,553,825
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A2 (d)		5.610	%		01/25/26		7,359,892		7,263,755
Antler Mortgage Trust, Series 2021-RTL1, Class M (a)(d)		5.438	%		05/25/25		16,188,000		14,296,308
Corevest American Finance Ltd., Series 2021-RTL1, Class A2 (d)		3.104	%		03/28/29		7,500,000		6,807,910
LHOME Mortgage Trust, Series 2021-RTL1, Class M (a)(d)		4.458	%		02/25/26		2,750,000		2,394,486
LHOME Mortgage Trust, Series 2021-RTL2, Class A2 (d)		2.783	%		06/25/26		1,500,000		1,340,608
LHOME Mortgage Trust, Series 2021-RTL2, Class M (d)		4.458	%		06/25/26		4,000,000		3,411,874

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Residential Transition Loan - 6.6% (Continued)
LHOME Mortgage Trust, Series 2021-RTL3, Class A2 (d)		3.228	%		09/25/26	$	8,250,000	$	7,340,043
LHOME Mortgage Trust, Series 2021-RTL3, Class M (d)		5.193	%		09/25/26		5,000,000		4,251,212
LHOME Mortgage Trust, Series 2022-RTL1, Class M (d)		6.900	%		02/25/27		7,250,000		6,569,585
New York Mortgage Trust, Series 2022-BPL1, Class A2 (d)		4.948	%		11/25/27		5,500,000		5,177,110
ROC Securities Trust, Series 2021-RTL1, Class A2 (d)		3.351	%		08/25/26		5,700,000		5,100,500
ROC Securities Trust, Series 2021-RTL1, Class M (d)		5.682	%		08/25/26		6,745,000		5,831,470
Toorak Mortgage Corp., Series 2022-1, Class A2 (d)		4.948	%		03/25/29		8,000,000		7,631,181
									86,969,867
Retail - 1.9%
BX Trust, Series 2021-VIEW, Class E (1* 1MO LIBOR + 360) (a)(d)		8.284	%		06/15/36		7,640,500		6,944,599
BX Trust, Series 2018-EXCL, Class C (1* 1MO LIBOR + 198) (a)(d)		6.563	%		09/15/37		1,304,780		1,277,478
Credit Suisse Mortgage Trust, Series 2018-SITE, Class C (a)(d)		4.782	%		04/15/36		4,575,000		4,331,621
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class A (1* 1MO LIBOR + 115) (d)		5.834	%		02/15/40		2,995,227		2,830,784
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class C (1* 1MO LIBOR + 180) (a)(d)		6.484	%		02/15/40		2,318,006		2,106,436
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class D (1* 1MO LIBOR + 250) (a)(d)		7.184	%		02/15/40		1,958,033		1,743,766
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class E (1* 1MO LIBOR + 365) (a)(d)		8.334	%		02/15/40		6,226,800		5,490,518
									24,725,202
Single Family Rental - 1.1%
AMSR Trust, Series 2020-SFR2, Class G (d)		4.000	%		07/17/37		500,000		457,494
Home Partners of America Trust, Series 2021-2, Class D (d)		2.652	%		12/17/26		6,293,606		5,556,090

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Single Family Rental - 1.1% (Continued)
Progress Residential Trust, Series 2020-SFR1, Class A (d)		1.732	%		04/17/37	$	6,977,796	$	6,494,463
Progress Residential Trust, Series 2021-SFR1, Class B (d)		1.303	%		04/17/38		3,000,000		2,627,349
									15,135,396
Small Business - 4.3%
Credibility Asset Securitization, Series 2021-1A, Class A (d)		2.390	%		04/15/26		12,000,000		11,343,064
Credibility Asset Securitization, Series 2021-1A, Class C (d)		3.380	%		04/15/26		3,650,000		3,354,697
Credibility Asset Securitization, Series 2021-1A, Class B (d)		5.930	%		04/15/26		2,676,000		2,463,382
FORA Financial Asset Securitization, Series 2021-1A, Class A (d)		2.620	%		05/15/27		11,000,000		10,188,952
FORA Financial Asset Securitization, Series 2021-1A, Class B (d)		2.970	%		05/15/27		2,600,000		2,405,569
FORA Financial Asset Securitization, Series 2021-1A, Class C (d)		3.850	%		05/15/27		3,000,000		2,769,307
Newtek Small Business Loan Trust, Series 2018-1, Class A (1* Prime - 55) (a)(d)		7.450	%		02/25/44		652,428		643,450
Newtek Small Business Loan Trust, Series 2018-1, Class B (1* Prime + 75) (a)(d)		8.750	%		02/25/44		1,435,341		1,421,202
Newtek Small Business Loan Trust, Series 2019-01, Class A (1* Prime - 90) (a)(d)		7.100	%		12/25/44		1,691,371		1,659,186
Newtek Small Business Loan Trust, Series 2022-1, Class B (1* SOFR + 375) (a)(d)		8.250	%		10/25/49		2,728,925		2,698,191
OnDeck Asset Securitization Trust, Series 2021-1A, Class B (d)		2.280	%		05/17/27		3,500,000		3,173,774
OnDeck Asset Securitization Trust, Series 2021-1A, Class C (d)		2.970	%		05/17/27		3,250,000		2,904,775
OnDeck Asset Securitization Trust, Series 2021-1A, Class D (d)		4.940	%		05/17/27		5,500,000		4,847,778
Small Business Lending Trust, Series 2020-A, Class C (d)		5.010	%		12/15/26		7,179,172		6,994,946
									56,868,273

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Student Loan - 0.7%
College Ave Student Loans, Series 2018-A, Class B (d)		4.750	%		12/26/47	$	868,591	$	800,487
College Ave Student Loans, Series 2018-A, Class C (d)		5.500	%		12/26/47		529,609		495,987
College Ave Student Loans, Series 2019-A, Class C (d)		4.460	%		12/28/48		2,760,526		2,520,532
College Ave Student Loans, Series 2021-A, Class B (d)		2.320	%		07/25/51		1,758,822		1,555,962
College Ave Student Loans, Series 2021-A, Class D (d)		4.120	%		07/25/51		1,250,000		1,121,679
CommonBond Student Loan Trust, Series 2017-BGS, Class C (d)		4.440	%		09/25/42		208,008		181,438
Laurel Road Prime Student Loan, Series 2019-A, Class BFX (d)		3.000	%		10/25/48		1,842,377		1,699,451
Prodigy Finance, Series 2021-1A, Class A (1* 1MO LIBOR + 125) (a)(d)		5.867	%		07/25/51		1,137,582		1,109,125
									9,484,661
Unsecured Consumer - 11.5%
Affirm, Inc., Series 2022-Z1, Class A (d)		4.550	%		06/15/27		6,734,610		6,633,309
Affirm, Inc., Series 2022-Z1, Class B (d)		6.490	%		06/15/27		2,500,000		2,370,492
Avant Loans Funding Trust, Series 2021-REV1, Class C (d)		2.300	%		07/15/30		10,750,000		9,923,538
Conn Funding II, LP, Series 2022-A, Class B (d)		9.520	%		12/15/26		4,000,000		3,985,087
Freedom Financial Trust, Series 2021-3FP, Class C (d)		1.600	%		11/20/28		5,300,000		5,134,612
Freedom Financial Trust, Series 2022-3FP, Class D (d)		7.360	%		08/20/29		8,500,000		8,218,072
LendingPoint Asset Securitization, Series 2022-C, Class D (d)		10.730	%		02/15/30		4,920,000		4,628,154
Lendmark Funding Trust, Series 2020-2A, Class C (d)		4.690	%		04/21/31		1,000,000		865,099
Mariner Finance Issuance Trust, Series 2019-A, Class C (d)		4.010	%		07/20/32		2,560,000		2,464,714
Mariner Finance Issuance Trust, Series 2020-A, Class D (d)		5.750	%		08/21/34		8,230,000		7,209,791

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Unsecured Consumer - 11.5% (Continued)
Mariner Finance Issuance Trust, Series 2021-AA, Class D (d)		4.340	%		03/20/36	$	1,850,000	$	1,504,775
Oportun Funding XIV, LLC, Series 2021-A, Class C (d)		3.440	%		03/08/28		6,675,000		6,318,382
Oportun Funding, LLC, Series 2022-1, Class C (d)		6.000	%		06/15/29		9,000,000		8,664,933
Oportun Funding, LLC, Series 2022-2, Class A (d)		5.940	%		10/09/29		6,727,486		6,692,846
Oportun Funding, LLC, Series 2021-B, Class A (d)		1.470	%		05/08/31		3,500,000		3,159,739
Oportun Funding, LLC, Series 2021-B, Class C (d)		3.650	%		05/08/31		8,350,000		7,441,414
Oportun Funding, LLC, Series 2021-B, Class D (d)		5.410	%		05/08/31		7,650,000		6,538,681
Oportun Funding, LLC, Series 2022-A, Class C (d)		7.400	%		06/09/31		7,600,000		7,203,492
Oportun Funding, LLC, Series 2022-A, Class D (d)		8.500	%		06/09/31		1,500,000		1,276,166
Oportun Funding, LLC, Series 2021-C, Class B (d)		2.670	%		10/08/31		7,500,000		6,603,761
Oportun Funding, LLC, Series 2021-C, Class C (d)		3.610	%		10/08/31		3,750,000		3,272,850
Oportun Funding, LLC, Series 2021-C, Class D (d)		5.570	%		10/08/31		3,500,000		2,967,141
Prosper Marketplace Issuance Trust, Series 2019-3A, Class CERT (a)(d)		0.000	%		07/15/25		81,061,702		400,039
Reach Financial, LLC, Series 2021-1A, Class B (d)		2.170	%		05/15/29		3,800,000		3,473,529
Reach Financial, LLC, Series 2021-1A, Class C (d)		3.540	%		05/15/29		6,700,000		5,900,779
Regional Management Issuance Trust, Series 2020-1, Class A (d)		2.340	%		10/15/30		2,000,000		1,915,806
Regional Management Issuance Trust, Series 2020-1, Class B (d)		3.230	%		10/15/30		2,500,000		2,301,365

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Securitized - 76.4% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Unsecured Consumer - 11.5% (Continued)
Regional Management Issuance Trust, Series 2021-1, Class B (d)		2.420	%		03/17/31	$	895,000	$	797,321
Regional Management Issuance Trust, Series 2021-1, Class C (d)		3.040	%		03/17/31		4,650,000		4,011,991
Regional Mortgage Issuance Trust, Series 2021-1, Class D (d)		5.070	%		03/17/31		1,300,000		1,116,681
Upgrade Master Pass-Through Trust, Series 2019-ST1, Class A (d)		4.000	%		07/15/25		6,403		6,391
Upgrade Master Pass-Through Trust, Series 2019-ST3, Class A (d)		3.750	%		11/15/25		60,281		60,171
Upstart Pass-Through Trust, Series 2020-ST5, Class A (d)		3.000	%		12/20/26		806,344		772,075
Upstart Pass-Through Trust, Series 2021-ST1, Class A (d)		2.750	%		02/20/27		900,143		859,715
Upstart Pass-Through Trust, Series 2021-ST2, Class A (d)		2.500	%		04/20/27		3,001,804		2,855,601
Upstart Pass-Through Trust, Series 2021-ST4, Class A (d)		2.000	%		07/20/27		6,644,585		6,178,932
Upstart Pass-Through Trust, Series 2022-ST1, Class A (d)		2.600	%		03/20/30		2,260,789		2,134,965
Upstart Structured Pass-Through Trust, Series 2022-2A, Class A (d)		4.250	%		06/17/30		4,213,237		4,053,633
									149,916,042
Total Securitized (Cost $1,068,206,413)								$	999,663,916

Treasury - 5.2%	Coupon			Maturity		Shares / Par Value		Fair Value
U.S. Treasury Notes (b)		0.125	%		10/15/23	$	10,000,000	$	9,756,641
U.S. Treasury Notes (b)		2.750	%		11/15/23		10,000,000		9,874,609
U.S. Treasury Notes (b)		2.625	%		12/31/23		10,000,000		9,850,000
U.S. Treasury Notes		1.750	%		06/30/24		15,000,000		14,513,672
U.S. Treasury Notes (b)		0.375	%		09/15/24		10,000,000		9,448,047
U.S. Treasury Notes (b)		0.625	%		10/15/24		10,000,000		9,457,813

Diamond Hill Short Duration Securitized Bond Fund
Schedule of Investments (Continued)
March 31, 2023 (Unaudited)

Treasury - 5.2% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
U.S. Treasury Notes		0.750	%		11/15/24	$	5,000,000	$	4,726,758
Total Treasury (Cost $70,379,478)								$	67,627,540

Registered Investment Companies - 14.2%	Shares		Fair Value
State Street Institutional Liquid Reserves Fund - Premier Class, 4.97% (g)		163,085,164	$	163,117,781
State Street Navigator Securities Lending Portfolio I, 4.72% (g)(h)		23,123,005		23,123,005
Total Registered Investment Companies (Cost $186,253,266)			$	186,240,786
Total Investment Securities - 101.2% (Cost $1,397,825,721)			$	1,323,466,421
Liabilities in Excess of Other Assets - (1.2)%				(15,499,732	)
Net Assets - 100.0%			$	1,307,966,689

(a)	Variable rate security. The rate shown is the effective interest rate as of March 31, 2023. The benchmark on which the rate is calculated is shown parenthetically, if applicable. Certain variable rate securities are not based on a published rate and spread but are determined by the issuer or agent and may be based on index changes, prerepayment of underlying positions and/or other variables. These securities do not indicate a reference rate and spread in their description above.
(b)	All or a portion of the security is on loan. The total fair value of the securities on loan as of March 31, 2023 was $41,621,088.
(c)	Percentage rounds to less than 0.1%.
(d)	Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities have been deemed liquid under procedures approved by the Fund’s Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. The total fair value of these securities as of March 31, 2023 was $986,923,731, representing 75.5% of net assets.
(e)	Illiquid security as determined under procedures approved by the Board of Trustees. The total fair value of these securities as of March 31, 2023 was $32,041,058, representing 2.4% of net assets.
(f)	Security value has been determined in good faith by the Board of Trustees. The total value of such securities was $5,715,591 as of March 31, 2023, representing 0.4% of net assets.
(g)	The rate shown is the 7-day effective yield as of March 31, 2023.
(h)	This security was purchased using cash collateral held from securities on loan. Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $19,504,000.

IO -	Interest Only
LIBOR -	London Interbank Offered Rate
NA -	National Association
PO -	Principal Only
Prime -	Short-term interest rate in the banking system of the U.S.
SOFR -	Secured Overnight Financing Rate
TSFR -	CME Term SOFR

Diamond Hill Core Bond Fund

Schedule of Investments

March 31, 2023 (Unaudited)

Corporate Credit - 17.1%	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 6.4%
American Express Co.		2.250	%		03/04/25	$	400,000	$	380,990
American Express Co.		3.950	%		08/01/25		525,000		514,791
American Express Co. (a)		5.850	%		11/05/27		250,000		262,292
Bank of America Corp.		1.486	%		05/19/24		655,000		651,363
Bank of America Corp. (1* 3MO LIBOR + 97) (a)(b)		3.458	%		03/15/25		975,000		954,462
Bank of America Corp. (1* 3MO LIBOR + 64) (b)		2.015	%		02/13/26		400,000		374,760
Bank of America Corp. (1* SOFR + 115) (b)		1.319	%		06/19/26		150,000		137,116
Bank of America Corp. (1* 3MO LIBOR + 158) (b)		3.824	%		01/20/28		100,000		95,540
Bank of America Corp. (b)		4.948	%		07/22/28		175,000		173,998
Bank of America Corp. (b)		6.204	%		11/10/28		250,000		261,345
Bank of America Corp. (1* 3MO LIBOR + 104) (b)		3.419	%		12/20/28		750,000		697,183
Bank of America Corp. (b)		3.194	%		07/23/30		1,500,000		1,333,154
Bank of America Corp. (3MO LIBOR + 119) (b)		2.884	%		10/22/30		1,000,000		869,832
Bank of America Corp. (1* SOFR + 215) (b)		2.592	%		04/29/31		450,000		381,088
Bank of America Corp. (a)(b)		4.571	%		04/27/33		700,000		666,330
Bank of America Corp. (a)(b)		5.015	%		07/22/33		1,000,000		988,927
Bank of Montreal France		0.949	%		01/22/27		630,000		562,878
Bank of Nova Scotia		3.450	%		04/11/25		200,000		194,005
Bank of NY Mellon Corp.		2.050	%		01/26/27		650,000		586,371
Bank of NY Mellon Corp. (b)		5.834	%		10/25/33		500,000		533,936
Capital One Financial Corp.		1.878	%		11/02/27		1,000,000		860,898
Capital One Financial Corp.		5.468	%		02/01/29		500,000		487,286
Citigroup, Inc. (1* 3MO LIBOR + 90) (b)		3.352	%		04/24/25		200,000		194,920
Citigroup, Inc.		3.300	%		04/27/25		100,000		96,494
Citigroup, Inc.		0.981	%		05/01/25		500,000		475,006
Citigroup, Inc. (1* 3MO LIBOR + 125) (b)		6.004	%		07/01/26		100,000		100,021
Citigroup, Inc. (1* 3MO LIBOR + 156) (b)		3.887	%		01/10/28		900,000		859,896
Citigroup, Inc. (b)		3.070	%		02/24/28		800,000		743,768
Citigroup, Inc.		4.125	%		07/25/28		150,000		141,611
Citigroup, Inc. (1* SOFR + 142) (b)		2.976	%		11/05/30		2,380,000		2,083,863
Citigroup, Inc. (b)		2.666	%		01/29/31		900,000		768,157

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 6.4% (Continued)
Citizens Bank NA		4.575	%		08/09/28	$	1,350,000	$	1,225,697
Comerica Bank, Series BKNT		2.500	%		07/23/24		250,000		230,822
Cooperative Rabobank UA (a)(c)		2.625	%		07/22/24		250,000		241,778
Discover Bank		4.650	%		09/13/28		700,000		661,319
Discover Bank		2.700	%		02/06/30		250,000		202,657
Discover Financial Services		4.100	%		02/09/27		100,000		94,583
Fifth Third Bancorp		2.375	%		01/28/25		275,000		255,806
Fifth Third Bancorp		1.707	%		11/01/27		450,000		380,135
Fifth Third Bancorp (b)		6.361	%		10/27/28		500,000		503,279
First Horizon Bank		5.750	%		05/01/30		250,000		234,911
Goldman Sachs Group, Inc.		0.657	%		09/10/24		375,000		366,519
Goldman Sachs Group, Inc.		3.500	%		11/16/26		350,000		334,265
Goldman Sachs Group, Inc. (1* SOFR + 79) (b)		1.093	%		12/09/26		250,000		223,889
Goldman Sachs Group, Inc. (3MO LIBOR + 130) (b)		4.223	%		05/01/29		650,000		622,891
Goldman Sachs Group, Inc.		3.800	%		03/15/30		500,000		465,585
Goldman Sachs Group, Inc. (1* SOFR + 128) (b)		2.615	%		04/22/32		2,700,000		2,249,073
Huntington Bancshares, Inc. (a)		2.625	%		08/06/24		125,000		117,192
Huntington Bancshares, Inc.		4.443	%		08/04/28		750,000		687,968
Huntington Bancshares, Inc. (a)		5.023	%		05/17/33		400,000		364,103
JPMorgan Chase & Co.		2.595	%		02/24/26		200,000		189,540
JPMorgan Chase & Co. (1* SOFR + 80) (b)		1.045	%		11/19/26		500,000		446,184
JPMorgan Chase & Co. (1* SOFR + 89) (b)		1.578	%		04/22/27		400,000		359,390
JPMorgan Chase & Co. (b)		1.470	%		09/22/27		1,200,000		1,058,291
JPMorgan Chase & Co. (1* 3MO LIBOR + 134) (b)		3.782	%		02/01/28		100,000		95,615
JPMorgan Chase & Co. (1* 3MO LIBOR + 95) (b)		3.509	%		01/23/29		1,425,000		1,333,308
JPMorgan Chase & Co. (b)		3.702	%		05/06/30		1,500,000		1,394,379
JPMorgan Chase & Co. (1* SOFR + 151) (b)		2.739	%		10/15/30		450,000		392,836
JPMorgan Chase & Co. (1* SOFR + 204) (a)(b)		2.522	%		04/22/31		750,000		641,151
JPMorgan Chase & Co. (a)(b)		2.545	%		11/08/32		475,000		393,820
KeyBank NA		4.700	%		01/26/26		250,000		239,919
KeyBank NA (1* SOFR + 34) (a)(b)		5.170	%		01/03/24		500,000		491,211
KeyBank NA (a)		4.150	%		08/08/25		250,000		236,367

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 6.4% (Continued)
KeyCorp (a)		2.550	%		10/01/29	$	385,000	$	307,626
KeyCorp (b)		4.789	%		06/01/33		300,000		268,596
M&T Bank Trust Co.		5.400	%		11/21/25		600,000		579,371
Morgan Stanley (1* SOFR + 46) (b)		4.425	%		01/25/24		500,000		498,460
Morgan Stanley (1* 3MO LIBOR + 85) (b)		3.737	%		04/24/24		100,000		99,822
Morgan Stanley		3.620	%		04/17/25		100,000		98,168
Morgan Stanley		3.875	%		01/27/26		500,000		487,927
Morgan Stanley (a)		3.125	%		07/27/26		100,000		94,704
Morgan Stanley		3.625	%		01/20/27		100,000		96,244
Morgan Stanley (b)		4.431	%		01/23/30		1,000,000		964,516
Morgan Stanley, Series GMTN (1* SOFR + 114) (b)		2.699	%		01/22/31		175,000		150,711
Morgan Stanley (1* SOFR + 103) (b)		1.794	%		02/13/32		1,000,000		785,060
Morgan Stanley (b)		1.928	%		04/28/32		750,000		590,028
Morgan Stanley (b)		4.889	%		07/20/33		1,000,000		982,919
PNC Bank NA (a)		2.700	%		10/22/29		250,000		214,723
PNC Financial Services Group, Inc. (The) (a)		2.600	%		07/23/26		250,000		231,009
PNC Financial Services Group, Inc. (The) (b)		6.037	%		10/28/33		850,000		894,354
Regions Financial Corp.		2.250	%		05/18/25		275,000		252,976
Royal Bank of Canada		1.150	%		06/10/25		365,000		335,851
Royal Bank of Canada (a)		1.150	%		07/14/26		200,000		179,341
Royal Bank of Canada (a)		4.900	%		01/12/28		500,000		500,051
Royal Bank of Canada (a)		3.875	%		05/04/32		300,000		277,184
State Street Corp. (1* SOFR + 94) (b)		2.354	%		11/01/25		175,000		167,339
State Street Corp.		4.421	%		05/13/33		200,000		191,124
State Street Corp. (b)		4.164	%		08/04/33		100,000		94,075
Toronto-Dominion Bank (The)		0.750	%		01/06/26		350,000		311,587
Toronto-Dominion Bank (The) (a)		1.200	%		06/03/26		700,000		623,733
Toronto-Dominion Bank (The) (a)		5.156	%		01/10/28		500,000		505,265
Toronto-Dominion Bank (The) (a)		3.200	%		03/10/32		236,000		206,503
Truist Financial Corp.		5.900	%		10/28/26		250,000		249,231
Truist Financial Corp. (b)		4.873	%		01/26/29		500,000		487,532
Truist Financial Corp.		1.887	%		06/07/29		1,000,000		835,044
US Bancorp		2.400	%		07/30/24		100,000		96,127
US Bancorp (b)		2.215	%		01/27/28		800,000		718,384

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 6.4% (Continued)
US Bancorp (b)		4.548	%		07/22/28	$	300,000	$	292,320
US Bancorp (b)		4.839	%		02/01/34		1,000,000		970,325
Wells Fargo & Co.		2.164	%		02/11/26		1,050,000		987,692
Wells Fargo & Co. (1* SOFR + 200) (b)		2.188	%		04/30/26		500,000		468,580
Wells Fargo & Co. (1* SOFR + 210) (b)		2.393	%		06/02/28		650,000		585,298
Wells Fargo & Co. (b)		2.879	%		10/30/30		1,500,000		1,303,526
Wells Fargo & Co. (b)		3.350	%		03/02/33		1,450,000		1,256,788
									53,406,878
Basic Industry - 0.2%
FMC Corp.		3.450	%		10/01/29		300,000		271,808
Nucor Corp., CV		2.000	%		06/01/25		250,000		235,068
Nucor Corp.		3.125	%		04/01/32		250,000		221,043
PPG Industries, Inc.		2.400	%		08/15/24		110,000		106,497
PPG Industries, Inc.		2.550	%		06/15/30		300,000		258,900
Sherwin Williams Co.		3.300	%		02/01/25		350,000		340,789
Sherwin-Williams Co.		2.300	%		05/15/30		250,000		212,146
									1,646,251
Brokerage Asset Managers Exchanges - 0.3%
Ameriprise Financial, Inc.		3.000	%		04/02/25		250,000		240,412
Ameriprise Financial, Inc.		4.500	%		05/13/32		400,000		382,958
Ameriprise Financial, Inc.		5.150	%		05/15/33		400,000		398,822
CBOE Global Markets, Inc.		3.650	%		01/12/27		100,000		96,506
Charles Schwab Corp. (The) (a)		0.900	%		03/11/26		500,000		438,363
Intercontinental Exchange, Inc.		4.950	%		06/15/52		875,000		844,939
									2,402,000
Capital Goods - 0.5%
Carrier Global Corp.		2.700	%		02/15/31		250,000		215,030
John Deere Capital Corp.		4.850	%		10/11/29		350,000		361,396
John Deere Capital Corp. (a)		4.350	%		09/15/32		400,000		399,272
Johnson Controls International plc		2.000	%		09/16/31		500,000		407,456
L3 Harris Technologies, Inc.		3.850	%		12/15/26		50,000		48,739
Lennox International, Inc.		3.000	%		11/15/23		100,000		98,545
Lockheed Martin Corp. (a)		5.250	%		01/15/33		425,000		453,809
Republic Services, Inc.		2.500	%		08/15/24		200,000		193,738

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Capital Goods - 0.5% (Continued)
Waste Management, Inc., Series 19-SFR4, Class A (a)		3.125	%		03/01/25	$	400,000	$	389,386
Waste Management, Inc. (a)		1.150	%		03/15/28		300,000		257,014
Waste Management, Inc.		4.625	%		02/15/30		875,000		875,473
									3,699,858
Communications - 1.1%
American Tower Corp.		1.450	%		09/15/26		300,000		266,709
American Tower Corp.		2.100	%		06/15/30		200,000		163,405
AT&T, Inc.		2.300	%		06/01/27		650,000		595,668
AT&T, Inc.		2.550	%		12/01/33		114,000		91,696
AT&T, Inc.		4.500	%		05/15/35		100,000		93,676
AT&T, Inc.		4.300	%		12/15/42		500,000		435,154
AT&T, Inc.		3.650	%		06/01/51		1,000,000		757,434
British Telecommunications plc (a)(c)		3.250	%		11/08/29		275,000		248,129
Comcast Corp.		5.350	%		11/15/27		450,000		468,530
Comcast Corp.		2.650	%		02/01/30		100,000		89,083
Comcast Corp.		1.950	%		01/15/31		1,025,000		852,894
Comcast Corp.		3.969	%		11/01/47		144,000		121,050
Deutsche Telekom International Finance BV (c)		4.750	%		06/21/38		100,000		94,056
Fox Corp.		4.030	%		01/25/24		50,000		49,456
Netflix, Inc., Class B		6.375	%		05/15/29		350,000		374,745
T Mobile USA, Inc.		5.650	%		01/15/53		400,000		409,687
T-Mobile USA, Inc.		3.375	%		04/15/29		700,000		638,181
Verizon Communications, Inc. (1* 3MO LIBOR + 110) (b)		5.964	%		05/15/25		100,000		100,188
Verizon Communications, Inc. (a)		4.125	%		03/16/27		100,000		99,114
Verizon Communications, Inc.		3.000	%		03/22/27		120,000		114,006
Verizon Communications, Inc.		1.750	%		01/20/31		500,000		403,296
Verizon Communications, Inc.		2.355	%		03/15/32		1,237,000		1,014,833
Verizon Communications, Inc.		4.500	%		08/10/33		550,000		531,440
Walt Disney Co. (The)		2.000	%		09/01/29		550,000		477,361
Walt Disney Co. (The) (a)		3.800	%		03/22/30		100,000		96,410
WarnerMedia Holdings, Inc. (c)		4.279	%		03/15/32		800,000		714,238
									9,300,439

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Consumer Cyclical - 1.2%
Amazon.com, Inc. (a)		3.450	%		04/13/29	$	675,000	$	649,391
BMW US Capital, LLC (c)		3.900	%		04/09/25		300,000		294,752
CVS Health Corp.		5.125	%		02/21/30		500,000		506,849
CVS Health Corp.		3.750	%		04/01/30		500,000		467,747
CVS Health Corp.		5.050	%		03/25/48		250,000		233,877
Dollar General Corp.		5.000	%		11/01/32		500,000		502,077
Expedia Group, Inc.		3.250	%		02/15/30		500,000		433,299
Ford Motor Co. (a)		4.346	%		12/08/26		100,000		97,158
General Motors Co.		5.400	%		10/15/29		1,500,000		1,486,331
Home Depot, Inc. (a)		4.500	%		09/15/32		400,000		402,879
Honda Motor Co. (a)		2.534	%		03/10/27		200,000		187,283
Lowes Cos., Inc.		2.625	%		04/01/31		950,000		811,965
Lowes Cos., Inc.		5.500	%		10/15/35		600,000		613,357
Lowes Cos., Inc. (a)		5.625	%		04/15/53		750,000		752,448
Mercedes-Benz Financing (c)		4.800	%		03/30/28		500,000		501,473
Ross Stores, Inc.		1.875	%		04/15/31		400,000		322,712
Toyota Motor Credit Corp.		0.500	%		06/18/24		500,000		475,820
Toyota Motor Credit Corp.		0.800	%		01/09/26		300,000		271,726
Toyota Motor Credit Corp. (a)		4.625	%		01/12/28		350,000		354,855
Toyota Motor Credit Corp.		4.450	%		06/29/29		300,000		302,252
Walgreens Boots Alliance, Inc. (a)		3.200	%		04/15/30		250,000		219,821
Walmart, Inc.		4.150	%		09/09/32		400,000		403,095
									10,291,167
Consumer Non-Cyclical - 1.3%
Abbott Laboratories		4.750	%		11/30/36		100,000		103,877
AbbVie, Inc.		3.800	%		03/15/25		637,000		626,610
AbbVie, Inc.		3.600	%		05/14/25		500,000		490,456
AbbVie, Inc.		2.950	%		11/21/26		335,000		318,748
AbbVie, Inc.		3.200	%		11/21/29		750,000		696,015
AbbVie, Inc.		4.550	%		03/15/35		100,000		97,777
Amgen, Inc.		1.900	%		02/21/25		310,000		293,612
Amgen, Inc. (a)		3.000	%		02/22/29		500,000		459,844
Amgen, Inc.		4.200	%		03/01/33		400,000		383,410
Amgen, Inc.		5.600	%		03/02/43		425,000		437,877
Anheuser-Busch Cos., LLC		4.700	%		02/01/36		1,900,000		1,892,068

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Consumer Non-Cyclical - 1.3% (Continued)
Anheuser-Busch InBev SA/NV		3.500	%		06/01/30	$	300,000	$	282,846
Baxter International, Inc.		1.915	%		02/01/27		300,000		268,429
Bristol-Myers Squibb Co.		2.950	%		03/15/32		300,000		270,448
Coca-Cola Co. (The)		1.650	%		06/01/30		1,000,000		846,320
Colgate-Palmolive Co.		4.600	%		03/01/33		450,000		467,156
Constellation Brands, Inc.		3.150	%		08/01/29		775,000		708,562
Kroger Co. (The)		2.650	%		10/15/26		100,000		93,893
Kroger Co. (The)		2.200	%		05/01/30		125,000		104,771
Kroger Co. (The)		1.700	%		01/15/31		550,000		437,593
Laboratory Corp. of American Holdings		1.550	%		06/01/26		375,000		335,735
Mondelez International, Inc. (c)		1.250	%		09/24/26		300,000		267,020
Mondelez International, Inc. (a)		3.000	%		03/17/32		300,000		264,067
Zoetis, Inc., Series 4006		2.000	%		05/15/30		525,000		441,369
Zoetis, Inc.		5.600	%		11/16/32		425,000		453,252
									11,041,755
Electric - 1.4%
Ameren Corp.		2.500	%		09/15/24		130,000		124,845
American Electric Power, Inc.		1.000	%		11/01/25		500,000		453,871
CMS Energy Corp.		2.950	%		02/15/27		100,000		93,079
Dominion Energy, Inc.		1.450	%		04/15/26		750,000		675,409
DTE Electric Co.		5.200	%		04/01/33		450,000		464,458
DTE Energy Co., Series C		2.529	%		10/01/24		150,000		144,305
DTE Energy Co., Series E (a)		2.850	%		10/01/26		100,000		93,437
DTE Energy Co., Series H		2.950	%		03/01/30		125,000		109,838
Duke Energy Corp.		4.300	%		03/15/28		825,000		808,879
Duke Energy Indiana, LLC		2.750	%		04/01/50		370,000		244,433
Duke Energy Ohio, Inc. (a)		5.250	%		04/01/33		250,000		257,227
Duke Energy Progress, Inc.		2.000	%		08/15/31		600,000		491,495
Florida Power & Light Co. (a)		5.100	%		04/01/33		500,000		518,073
Georgia Power Co., Series 2020-A		2.100	%		07/30/23		230,000		227,475
Idaho Power Co.		5.500	%		03/15/53		900,000		935,344
MidAmerican Energy Co.		3.650	%		04/15/29		350,000		333,830
NextEra Energy Cap Holdings, Inc.		4.625	%		07/15/27		1,535,000		1,530,867
Northern States Power Co. of Wisconsin		2.250	%		04/01/31		500,000		423,959
Oncor Electric Delivery Co., LLC		3.750	%		04/01/45		490,000		410,005

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Electric - 1.4% (Continued)
PECO Energy Co.		3.000	%		09/15/49	$	200,000	$	142,740
PPL Electric Utilities		5.000	%		05/15/33		900,000		919,325
PPL Electric Utilities Corp.		3.000	%		10/01/49		160,000		115,168
Public Service Co. of Colorado		4.500	%		06/01/52		400,000		367,434
Public Service Electric & Gas Co.		2.250	%		09/15/26		100,000		91,825
Southwestern Electric Power Co.		2.750	%		10/01/26		100,000		92,828
WEC Energy Group, Inc.		0.800	%		03/15/24		700,000		670,244
Wisconsin Power & Light Co.		1.950	%		09/16/31		800,000		646,459
									11,386,852
Energy - 0.7%
BP Capital Markets America		4.812	%		02/13/33		800,000		812,291
Coterra Energy, Inc.		3.900	%		05/15/27		100,000		95,422
Diamondback Energy, Inc.		3.250	%		12/01/26		200,000		189,474
Diamondback Energy, Inc.		6.250	%		03/15/53		500,000		517,505
Energy Transfer Operating, LP		4.500	%		04/15/24		75,000		74,099
Exxon Mobil Corp.		2.992	%		03/19/25		240,000		233,625
Exxon Mobil Corp.		3.043	%		03/01/26		250,000		242,645
Helmerich & Payne, Inc.		2.900	%		09/29/31		1,650,000		1,369,695
Marathon Petroleum Corp.		5.000	%		09/15/54		750,000		645,021
Phillips 66 (c)		2.450	%		12/15/24		100,000		95,152
Phillips 66 (c)		3.550	%		10/01/26		100,000		95,377
Phillips 66		5.300	%		06/30/33		500,000		506,756
Shell International Finance BV		2.375	%		11/07/29		645,000		571,960
Shell International Finance BV		6.375	%		12/15/38		73,000		84,266
Total Capital International SA		2.829	%		01/10/30		120,000		109,440
									5,642,728
Insurance - 1.5%
Athene Global Funding (c)		2.500	%		01/14/25		225,000		212,283
Berkshire Hathaway Financial Corp.		4.400	%		05/15/42		135,000		129,135
Equitable Financial Life (c)		1.800	%		03/08/28		609,000		512,971
Jackson National Life Global Funding (c)		5.500	%		01/09/26		800,000		808,844
Lincoln National Corp.		3.625	%		12/12/26		100,000		91,458
MassMutual Global Funding (c)		4.150	%		08/26/25		500,000		493,868
MassMutual Global Funding (c)		1.200	%		07/16/26		400,000		355,503
MassMutual Global Funding (c)		2.150	%		03/09/31		500,000		407,880

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Insurance - 1.5% (Continued)
Met Life Global Funding I (c)		4.300	%		08/25/29	$	1,000,000	$	971,806
Met Life Global Funding I (a)(c)		1.550	%		01/07/31		900,000		719,716
Met Life Global Funding I (c)		5.150	%		03/28/33		500,000		504,046
Met Tower Global Funding (c)		3.700	%		06/13/25		350,000		341,209
New York Life Global Funding (c)		2.900	%		01/17/24		100,000		98,457
New York Life Global Funding (c)		2.350	%		07/14/26		50,000		46,362
New York Life Global Funding (c)		1.200	%		08/07/30		1,250,000		984,751
Northwestern Mutual Global Funding (c)		4.000	%		07/01/25		400,000		394,139
Northwestern Mutual Global Funding (c)		4.350	%		09/15/27		400,000		396,361
Pacific Life Global Fund II (c)		1.450	%		01/20/28		500,000		424,770
Pricoa Global Funding (c)		3.450	%		09/01/23		160,000		158,698
Principal Life Global Funding II (c)		1.250	%		06/23/25		525,000		480,144
Principal Life Global Funding II (a)(c)		0.875	%		01/12/26		500,000		445,951
Progressive Corp.		3.200	%		03/26/30		240,000		220,248
Protective Life Global Funding (c)		3.218	%		03/28/25		285,000		274,226
Protective Life Global Funding (c)		1.900	%		07/06/28		650,000		557,603
Protective Life Global Funding (a)(c)		1.737	%		09/21/30		1,100,000		859,746
UnitedHealth Group, Inc. (a)		5.350	%		02/15/33		250,000		265,698
UnitedHealth Group, Inc. (a)		4.750	%		05/15/52		400,000		389,373
UnitedHealth Group, Inc.		5.200	%		04/15/63		500,000		506,241
									12,051,487
Natural Gas - 0.1%
Atmos Energy Corp. (a)		2.625	%		09/15/29		310,000		277,449
Atmos Energy Corp.		4.125	%		03/15/49		885,000		760,419
									1,037,868
Other Utility - 0.1%
American Water Capital Corp.		2.800	%		05/01/30		300,000		267,033
American Water Capital Corp.		2.300	%		06/01/31		825,000		696,472
									963,505
REITS - 0.5%
Alexandria Real Estate Equities, Inc.		3.950	%		01/15/28		100,000		94,665
American Homes 4 Rent		4.250	%		02/15/28		100,000		93,833
Boston Properties, LP		2.750	%		10/01/26		50,000		43,171
CubeSmart, LP		2.250	%		12/15/28		2,100,000		1,802,725
ERP Operating, LP		2.850	%		11/01/26		100,000		93,405

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
REITS - 0.5% (Continued)
ERP Operating, LP		2.500	%		02/15/30	$	150,000	$	128,786
Life Storage, LP		3.875	%		12/15/27		100,000		94,560
Public Storage		1.850	%		05/01/28		800,000		700,159
Realty Income Corp.		3.875	%		04/15/25		100,000		97,460
Realty Income Corp.		0.750	%		03/15/26		625,000		553,801
Realty Income Corp.		3.000	%		01/15/27		100,000		93,394
Spirit Realty, LP		4.450	%		09/15/26		100,000		95,865
Spirit Realty, LP (a)		2.100	%		03/15/28		250,000		209,955
Spirit Realty, LP		4.000	%		07/15/29		60,000		53,764
Spirit Realty, LP		3.200	%		02/15/31		250,000		208,129
									4,363,672
Technology - 1.0%
Apple, Inc.		2.200	%		09/11/29		250,000		223,696
Apple, Inc. (a)		1.650	%		05/11/30		300,000		255,418
Apple, Inc.		4.100	%		08/08/62		425,000		378,839
Dell International, LLC/EMC Corp. (a)		5.300	%		10/01/29		100,000		100,754
Dell International, LLC/EMC Corp. (a)		5.750	%		02/01/33		350,000		352,155
Fidelity National Information Services		1.650	%		03/01/28		300,000		256,511
HP, Inc.		4.200	%		04/15/32		1,670,000		1,505,335
Intel Corp.		5.125	%		02/10/30		400,000		407,383
Mastercard, Inc.		4.850	%		03/09/33		1,350,000		1,400,993
Oracle Corp.		2.875	%		03/25/31		1,000,000		855,702
Oracle Corp.		3.600	%		04/01/40		700,000		543,299
Oracle Corp.		6.900	%		11/09/52		250,000		280,217
QUALCOMM, Inc.		6.000	%		05/20/53		425,000		482,861
Visa, Inc.		3.150	%		12/14/25		800,000		776,959
Xilinx, Inc. (a)		2.375	%		06/01/30		1,000,000		872,780
									8,692,902
Transportation - 0.8%
Alaska Airlines Pass-Through Trust, Series 2020-1B, Class A (c)		4.800	%		02/15/29		120,604		117,043
American Airlines Pass-Through Trust, Series 2016-2, Class AA		3.200	%		12/15/29		323,775		290,458
Burlington North Santa Fe, LLC		5.050	%		03/01/41		500,000		503,205
CSX Corp.		4.250	%		11/01/66		100,000		82,559

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Transportation - 0.8% (Continued)
FedEx Corp. (a)		2.400	%		05/15/31	$	500,000	$	425,390
FedEx Corp., Series 2020-1, Class AA, CV		1.875	%		02/20/34		454,817		382,738
Kirby Corp.		4.200	%		03/01/28		600,000		564,405
Norfolk Southern Corp. (a)		3.000	%		03/15/32		600,000		527,347
Ryder System, Inc.		2.850	%		03/01/27		500,000		459,711
Ryder System, Inc.		5.650	%		03/01/28		500,000		506,591
Southwest Airlines Co.		2.625	%		02/10/30		1,300,000		1,096,688
U.S. Airways Pass-Through Trust, Series 2011-1, Class A		7.125	%		04/22/25		24,045		23,993
United Airlines Pass-Through Trust, Series 2020-1B, Class B		4.875	%		07/15/27		361,750		349,720
United Airlines Pass-Through Trust, Series 2020-1, Class A		5.875	%		04/15/29		226,360		225,677
United Parcel Service, Inc.		4.875	%		03/03/33		900,000		923,629
									6,479,154
Total Corporate Credit (Cost $149,453,547)								$	142,406,516

Government Related - 0.1%	Coupon			Maturity		Shares / Par Value		Fair Value
Government Owned, No Guarantee - 0.1%
Tennessee Valley Authority		4.250	%		09/15/52		500,000	$	467,178
Tennessee Valley Authority		4.625	%		09/15/60		525,000		525,345
Total Government Related (Cost $1,249,626)								$	992,523

Securitized - 63.6%	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 3.8%
BXG Receivables Note Trust, Series 2018-A, Class C (c)		4.440	%		02/02/34	$	195,805	$	182,476
Cascade Funding Mortgage Trust, Series 2021-GRN1, Class B (c)		1.830	%		03/20/41		1,000,000		845,968
Diamond Resorts Owner Trust, Series 2019-1, Class B (c)		3.530	%		02/20/32		55,690		53,397

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 3.8% (Continued)
Diamond Resorts Owner Trust, Series 2021-1A, Class B (c)		2.050	%		11/21/33	$	279,236	$	256,889
Diamond Resorts Owner Trust, Series 2021-1A, Class C (c)		2.700	%		11/21/33		212,219		194,700
FMC GMSR Issuer Trust, Series 2020-GT1, Class A (b)(c)		4.450	%		01/25/26		1,750,000		1,604,673
FMC GMSR Issuer Trust, Series 2021-GT1, Class A (b)(c)		3.620	%		07/25/26		2,700,000		2,315,070
FMC GMSR Issuer Trust, Series 2021-GT2, Class A (c)		3.850	%		10/25/26		2,440,000		2,091,332
FMC GMSR Issuer Trust, Series 2022-GT2, Class A (c)		7.900	%		07/25/27		2,350,000		2,345,517
Gold Key Resorts, LLC, Series 2014-A, Class A (c)		3.220	%		03/17/31		6,065		5,983
GoodGreen Trust, Series 2017-1A, Class A (c)		3.740	%		10/15/52		172,704		159,926
GoodGreen Trust, Series 2017-2A, Class A (c)		3.260	%		10/15/53		637,231		583,855
GoodGreen Trust, Series 2020-1A, Class A (c)		2.630	%		04/15/55		278,032		237,143
Helios Issuer, LLC, Series 2019-AA, Class A (c)		3.750	%		06/20/46		91,932		81,923
Helios Issuer, LLC, Series 2020-4, Class A (c)		2.980	%		06/20/47		222,707		197,429
Helios Issuer, LLC, Series 2021-A, Class A (c)		1.800	%		02/20/48		523,503		435,714
Hero Funding Trust, Series 2016-2A, Class A (c)		3.750	%		09/20/41		89,787		85,425
Hero Funding Trust, Series 2016-3A, Class A1 (c)		3.080	%		09/20/42		135,064		124,859
Hero Funding Trust, Series 2016-4A, Class A1 (c)		3.570	%		09/20/47		125,679		118,170
Hero Funding Trust, Series 2016-4B, Class B (c)		4.990	%		09/20/47		65,001		62,471
Hero Funding Trust, Series 2017-3A, Class A1 (c)		3.190	%		09/20/48		113,535		104,354
Hero Funding Trust, Series 2017-3A, Class A2 (c)		3.950	%		09/20/48		415,373		389,831
Hero Funding Trust, Series 2018-1A, Class A2 (c)		4.670	%		09/20/48		44,227		42,440

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 3.8% (Continued)
Holiday Inn Timeshare Trust, Series 2020-A, Class C (c)		3.420	%		10/09/39	$	309,340	$	286,682
Loanpal Solar Loan Ltd., Series 2020-3GS, Class B (c)		3.450	%		12/20/47		533,407		411,046
Loanpal Solar Loan Ltd., Series 2021-1GS, Class A (c)		2.290	%		01/20/48		504,766		398,279
Loanpal Solar Loan Ltd., Series 2021-1GS, Class B (c)		2.840	%		01/20/48		812,182		611,167
Loanpal Solar Loan Ltd., Series 2021-2GS, Class A (c)		2.220	%		03/20/48		748,909		587,884
Mill City Solar Loan Ltd., Series 2019-2GS, Class A (c)		3.690	%		07/20/43		126,074		114,879
Mosaic Solar Loans, LLC, Series 2018-1, Class A (c)		4.010	%		06/22/43		69,124		64,647
Mosaic Solar Loans, LLC, Series 2017-2, Class B (c)		4.770	%		06/22/43		40,162		37,076
Mosaic Solar Loans, LLC, Series 2020-1, Class A (c)		2.100	%		04/20/46		266,669		232,313
Mosaic Solar Loans, LLC, Series 2023-1A, Class B (c)		6.920	%		06/20/53		2,762,945		2,721,475
Mosaic Solar Loans, LLC, Series 2023-2A, Class C (c)		8.180	%		09/22/53		3,500,000		3,154,789
NRZ Excess Spread Collateralization, Series 2021-GNT1, Class A (c)		3.474	%		11/25/26		577,096		526,455
PNMAC GMSR Issuer Trust, Series 2018-GT2, Class NT (1* 1MO LIBOR + 265) (b)(c)		7.267	%		08/25/25		4,000,000		3,956,086
PNMAC GMSR Issuer Trust, Series 2022-GT1, Class A (1* SOFR30A + 425) (b)(c)		8.734	%		05/25/27		1,500,000		1,498,067
Renew Financial, LLC, Series 2017-1, Class A (c)		3.670	%		09/20/52		290,272		255,008
Renew Financial, LLC, Series 2017-1, Class B (c)		5.750	%		09/20/52		25,087		23,362
Renew Financial, LLC, Series 2017-2, Class A (c)		3.220	%		09/22/53		31,668		27,174

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 3.8% (Continued)
SPS Servicer Advance Receivables, Series 2020-T2, Class D (c)		3.160	%		11/15/55	$	994,000	$	839,903
Sunnova Solar Issuer, LLC, Series 2020-2A, Class A (c)		2.730	%		11/01/55		3,854,371		3,016,117
Westgate Resorts, Series 2020-1A, Class C (c)		6.213	%		03/20/34		468,010		462,513
									31,744,467
Agency CMBS - 2.4%
FARM Mortgage Trust, Series 2021-1, Class A (c)		2.180	%		01/25/51		9,826,190		8,126,318
FARM Mortgage Trust, Series 2023-1, Class A (c)		2.631	%		01/25/52		5,121,061		4,300,258
Farmer Mac Agricultural Real Estate, Series 2022-1, Class A (c)		2.540	%		07/25/51		3,396,758		2,887,435
FNMA, Pool #FN BM6011		3.353	%		11/01/26		489,617		474,899
FNMA, Pool #FN AN3598		2.550	%		12/01/28		263,086		242,745
FNMA, Pool #FN BL4548		2.430	%		10/01/29		186,175		168,993
FNMA, Pool #FN 464107		4.820	%		12/01/29		104,036		106,364
FNMA, Pool #FN AM9491		3.550	%		08/01/30		166,035		158,852
FNMA, Pool #BS0038		1.650	%		01/01/31		2,000,000		1,630,136
FNMA, Pool #FN AN6149		3.140	%		07/01/32		750,000		694,802
FNMA, Pool #FN AN7612		3.280	%		12/01/32		249,055		231,397
FNMA, Pool #FN 469130		4.870	%		10/01/41		122,665		119,782
FNMA, Pool #FN AM5015		4.940	%		12/01/43		734,278		722,242
									19,864,223
Agency MBS CMO - 21.1%
FHLMC, Pool #S2-0432 (1* 1MO LIBOR + 30) (b)		4.984	%		05/15/28		42,954		42,776
FHLMC, Series 4847, Class CV		3.500	%		02/15/30		363,198		352,166
FHLMC, Series 2646, Class ZH		5.000	%		07/15/33		133,395		137,688
FHLMC, Series 4265, Class FD (1* 1MO LIBOR + 40) (b)		5.084	%		01/15/35		206,997		204,015
FHLMC, Series 4613, Class AF (1* 1MO LIBOR + 110) (b)		5.784	%		11/15/37		311,703		311,220
FHLMC, Series 3605, Class PB		4.500	%		11/15/39		58,652		57,628
FHLMC, Series 3617, Class PC		4.500	%		12/15/39		75,825		74,564

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 21.1% (Continued)
FHLMC, Series 3740, Class FC (1* 1MO LIBOR + 50) (b)		5.184	%		10/15/40	$	69,008	$	67,540
FHLMC, Series 3759, Class ME		4.000	%		11/15/40		545,007		523,914
FHLMC, Series 3811, Class TA		5.000	%		02/15/41		262,142		266,183
FHLMC, Series 3895, Class BF (1* 1MO LIBOR + 50) (b)		5.184	%		07/15/41		70,642		69,445
FHLMC, Series 3923, Class CZ		5.000	%		09/15/41		946,153		961,576
FHLMC, Series 3959, Class PZ		4.500	%		11/15/41		3,683,392		3,614,796
FHLMC, Series 4074, Class JY		2.500	%		07/15/42		500,000		435,260
FHLMC, Series 4116, Class YC		2.500	%		10/15/42		1,208,000		969,808
FHLMC, Series 5149, Class CA		2.000	%		01/15/43		1,049,335		765,236
FHLMC, Series 4165, Class ZT		3.000	%		02/15/43		6,747,922		5,588,904
FHLMC, Series 4180, Class ZB		3.000	%		03/15/43		169,505		130,025
FHLMC, Series 4183, Class NQ		3.000	%		03/15/43		2,920,000		2,660,736
FHLMC, Series 4210, Class Z		3.000	%		05/15/43		331,358		273,351
FHLMC, Series 4204, Class QZ		3.000	%		05/15/43		619,693		438,056
FHLMC, Series 4447, Class YZ		4.000	%		08/15/43		1,193,309		1,160,127
FHLMC, Series 4333, Class GL		3.500	%		04/15/44		250,000		223,813
FHLMC, Series 4408, Class BC		3.000	%		11/15/44		1,020,410		834,379
FHLMC, Series 4673, Class PH		3.500	%		01/15/45		229,796		222,688
FHLMC, Series 4473, Class Z		3.000	%		05/15/45		404,652		328,345
FHLMC, Series 4531, Class PZ		3.500	%		11/15/45		1,413,592		1,305,271
FHLMC, Series 4623, Class BZ		3.500	%		10/15/46		4,139,443		3,872,712
FHLMC, Series 4738, Class TW		3.000	%		11/15/46		1,385,000		1,254,487
FHLMC, Series 4857, Class H		4.000	%		11/15/46		211,489		207,507
FHLMC, Series 4710, Class GZ		3.000	%		01/15/47		4,373,763		3,633,549
FHLMC, Series 5099, Class CM		2.000	%		07/25/47		3,750,000		2,610,070
FHLMC, Series 4736, Class CL		3.000	%		12/15/47		441,240		380,562
FHLMC, Series 4753, Class EZ		3.500	%		12/15/47		2,107,056		1,980,033
FHLMC, Series 4745, Class CZ		3.500	%		01/15/48		1,201,394		1,087,775
FHLMC, Series 4768, Class ZH		3.000	%		03/15/48		1,520,861		1,361,427
FHLMC, Series 4801, Class ZN		4.000	%		05/15/48		878,445		841,821
FHLMC, Series 4941, Class NW		2.500	%		05/25/49		758,520		530,295
FHLMC, Series 4892, Class PZ		3.000	%		07/15/49		1,346,030		949,012
FHLMC, Series 4911, Class JM		3.500	%		09/25/49		1,000,000		810,259

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 21.1% (Continued)
FHLMC, Series 5159, Class WZ		2.000	%		01/25/50	$	660,435	$	395,593
FHLMC, Series 5057, Class DN		2.000	%		03/25/50		980,629		823,162
FHLMC, Series 5129, Class DM		1.000	%		08/25/50		1,496,543		1,159,150
FHLMC, Series 5011, Class DB		2.000	%		09/25/50		262,000		156,669
FHLMC, Series 5038, Class QP		0.750	%		10/25/50		3,008,023		2,173,527
FHLMC, Series 5028, Class PW		1.500	%		10/25/50		684,000		436,074
FHLMC, Pool #RE-6080		1.500	%		11/01/50		1,168,127		891,301
FHLMC, Series 5039, Class JL		1.250	%		11/25/50		1,440,619		1,121,334
FHLMC, Series 5223, Class MZ		4.500	%		12/25/50		3,348,049		3,142,125
FHLMC, Series 5085, Class TY		1.000	%		01/25/51		1,263,612		764,454
FHLMC, Series 5072, Class DG		1.000	%		02/25/51		814,662		642,416
FHLMC, Series 5146, Class ZW		2.000	%		07/25/51		1,624,598		875,973
FHLMC, Series 5202, Class DZ		3.000	%		07/25/51		2,573,636		1,717,135
FHLMC, Series 5159, Class PL		1.250	%		11/25/51		1,619,815		1,340,441
FHLMC, Series 5162, Class AP		2.000	%		11/25/51		2,792,975		2,443,684
FHLMC, Series 5173, Class BZ		2.500	%		12/25/51		1,033,859		639,238
FHLMC, Series 4377, Class KZ		3.500	%		02/15/52		841,565		765,682
FHLMC, Series 5189, Class ZP		3.000	%		02/25/52		992,080		802,015
FHLMC, Series 5210, Class BZ		3.000	%		02/25/52		8,410,058		5,848,044
FHLMC, Series 5232, Class HL		4.000	%		06/25/52		4,120,792		3,719,152
FHLMC, Series 5249, Class PL		4.000	%		08/25/52		2,904,186		2,625,069
FNMA, Series 2010-155, Class JH		4.000	%		12/25/28		120,000		116,595
FNMA, Series 2013-35, Class YT		6.500	%		09/25/32		143,389		149,204
FNMA, Series 2012-129, Class HT		2.000	%		12/25/32		54,631		48,750
FNMA, Series 2002-86, Class PG		6.000	%		12/25/32		43,733		44,725
FNMA, Series 2004-56, Class Z		7.500	%		03/25/34		93,663		101,566
FNMA, Series 2004-17, Class BA		6.000	%		04/25/34		293,929		314,384
FNMA, Series 2005-3, Class CG		5.500	%		02/25/35		124,826		127,625
FNMA, Series 2005-62, Class ZL		5.500	%		07/25/35		208,844		213,280
FNMA, Series 2006-56, Class DC (1* 1MO LIBOR + 65) (b)		5.495	%		07/25/36		389,480		392,543
FNMA, Series 2006-71, Class ZH		6.000	%		07/25/36		242,340		253,309
FNMA, Series 2009-19, Class TD		5.000	%		08/25/36		72,270		73,298
FNMA, Series 2007-95, Class A3 (1* 1MO LIBOR + 25) (b)		4.252	%		08/27/36		1,600,000		1,337,945

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 21.1% (Continued)
FNMA, Series 2006-108, Class FD (1* 1MO LIBOR + 38) (b)		5.225	%		11/25/36	$	96,262	$	94,656
FNMA, Series 2007-39, Class NB		4.250	%		05/25/37		93,252		92,724
FNMA, Series 2008-60, Class JC		5.000	%		07/25/38		157,608		157,608
FNMA, Series 2009-103, Class MB (b)		3.316	%		12/25/39		87,129		87,840
FNMA, Series 2010-118, Class DZ		4.750	%		10/25/40		1,357,602		1,355,210
FNMA, Series 2011-14, Class PB		5.000	%		03/25/41		476,315		486,888
FNMA, Series 2011-57, Class PD		4.000	%		07/25/41		321,407		311,907
FNMA, Series 2011-62, Class UA		4.500	%		07/25/41		619,301		613,016
FNMA, Series 2012-9, Class FC (1* 1MO LIBOR + 40) (b)		5.245	%		02/25/42		98,138		96,313
FNMA, Series 2013-34, Class GP		3.000	%		05/25/42		325,108		309,837
FNMA, Series 2012-52, Class PQ		3.500	%		05/25/42		683,221		604,586
FNMA, Series 2012-56, Class WC		3.500	%		05/25/42		994,000		912,149
FNMA, Series 2012-79, Class QB		2.000	%		07/25/42		110,926		98,107
FNMA, Series 2003-W2, Class 1-1A		6.500	%		07/25/42		621,645		637,194
FNMA, Series 411, Class A3		3.000	%		08/25/42		86,394		79,245
FNMA, Series 2012-92, Class Z		3.500	%		08/25/42		4,643,516		4,243,567
FNMA, Series 2012-99, Class UY		2.500	%		09/25/42		360,000		291,886
FNMA, Series 2013-35, Class LP		3.000	%		01/25/43		419,000		395,220
FNMA, Series 2013-35, Class CV		3.000	%		02/25/43		350,000		318,078
FNMA, Series 2013-13, Class WH		3.500	%		03/25/43		1,023,000		880,507
FNMA, Series 2013-31, Class NT		3.000	%		04/25/43		35,409		33,529
FNMA, Series 2003-W10, Class 3A-5		4.299	%		06/25/43		509,507		488,270
FNMA, Series 2013-84, Class B		4.000	%		08/25/43		1,000,000		945,020
FNMA, Series 2013-104, Class CY		5.000	%		10/25/43		250,000		252,269
FNMA, Series 2013-115, Class PB		4.500	%		11/25/43		300,000		302,005
FNMA, Series 2015-11, Class MZ		4.000	%		12/25/43		5,025,398		4,847,817
FNMA, Series 2014-2, Class PB		4.000	%		02/25/44		531,058		510,027
FNMA, Series 2017-16, Class UW		3.000	%		07/25/45		2,044,494		1,797,445
FNMA, Series 2016-68, Class AL		3.000	%		10/25/46		1,212,043		1,108,879
FNMA, Series 2016-80, Class CZ		3.000	%		11/25/46		612,053		434,724
FNMA, Series 2017-77, Class HZ		3.500	%		10/25/47		972,533		892,002
FNMA, Series 2018-08, Class DZ		3.500	%		02/25/48		656,183		599,046
FNMA, Series 2022-4, Class QM		2.000	%		03/25/48		1,602,020		1,173,602

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 21.1% (Continued)
FNMA, Series 2018-31, Class KB		3.500	%		05/25/48	$	210,366	$	195,452
FNMA, Series 2018-31, Class KQ		3.500	%		05/25/48		600,000		550,175
FNMA, Series 2018-37, Class CL		4.000	%		06/25/48		622,735		547,562
FNMA, Series 2018-66, Class PZ		4.000	%		09/25/48		575,635		500,415
FNMA, Series 2018-77, Class BY		3.000	%		10/25/48		2,716,232		2,486,282
FNMA, Series 2019-01, Class MH		3.000	%		02/25/49		221,295		204,866
FNMA, Series 2019-8, Class ZD		3.500	%		03/25/49		576,697		515,110
FNMA, Series 2019-038, Class MT		3.000	%		07/25/49		931,026		827,094
FNMA, Series 2019-40, Class PL		4.000	%		07/25/49		318,000		270,739
FNMA, Series 2019-42, Class DZ		2.750	%		08/25/49		1,675,134		1,173,510
FNMA, Series 2019-60, Class DZ		2.500	%		10/25/49		1,619,553		1,021,116
FNMA, Series 2019-60, Class WZ		2.750	%		10/25/49		576,586		402,966
FNMA, Series 2019-83, Class EB		2.000	%		01/25/50		171,000		105,627
FNMA, Series 2020-15, Class KY		3.000	%		03/25/50		2,077,414		1,616,479
FNMA, Series 2020-22, Class AY		2.000	%		04/25/50		1,254,000		799,575
FNMA, Series 2020-42, Class BY		2.000	%		06/25/50		935,000		562,380
FNMA, Series 2020-95, Class KY		1.500	%		01/25/51		2,060,000		1,247,887
FNMA, Series 2021-15, Class HD		1.000	%		04/25/51		982,934		729,859
FNMA, Series 2021-73, Class ZD		2.000	%		11/25/51		1,422,508		722,569
FNMA, Series 2022-49, Class GZ		4.000	%		08/25/52		4,683,009		4,252,281
GNMA, Series 2015-161, Class AV		3.000	%		01/20/29		308,725		295,705
GNMA, Series 2018-091, Class VL		3.500	%		10/20/29		1,296,227		1,240,712
GNMA, Series 2018-139, Class DV		3.500	%		01/20/30		391,628		380,084
GNMA, Series 2004-49, Class MZ		6.000	%		06/20/34		403,931		416,168
GNMA, Series 2005-13, Class BG		5.000	%		02/20/35		178,626		180,185
GNMA, Series 2015-123, Class VB		3.500	%		09/20/35		436,000		421,079
GNMA, Series 2006-17, Class JN		6.000	%		04/20/36		143,685		147,662
GNMA, Series 2008-51, Class PH		5.250	%		06/20/38		87,309		87,529
GNMA, Series 2009-2, Class PA		5.000	%		12/20/38		50,878		50,786
GNMA, Series 2014-79, Class HU		3.000	%		02/16/40		443,238		399,306
GNMA, Series 2012-74, Class LY		2.500	%		06/20/42		330,000		263,397
GNMA, Series 2012-134, Class KM		2.000	%		09/20/42		342,000		276,119
GNMA, Series 2012-113, Class NZ		4.500	%		09/20/42		291,670		288,516
GNMA, Series 2013-186, Class PY		2.000	%		11/20/42		4,500,000		3,799,191
GNMA, Series 2013-6, Class PE		2.000	%		01/20/43		100,000		80,258

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 21.1% (Continued)
GNMA, Series 2013-5, Class GY		3.000	%		01/20/43	$	532,000	$	449,671
GNMA, Series 2015-179, Class ZB		2.500	%		02/20/45		59,080		48,567
GNMA, Series 2016-37, Class YA		3.000	%		12/20/45		1,052,840		952,724
GNMA, Series 2016-38, Class ZP		3.500	%		03/20/46		76,630		61,886
GNMA, Series 2016-74, Class PL		3.000	%		05/20/46		998,573		896,835
GNMA, Series 2016-77, Class GY		3.000	%		06/20/46		1,110,000		994,555
GNMA, Series 2016-116, Class AB		3.000	%		09/20/46		1,287,983		1,089,378
GNMA, Series 2016-120, Class YZ		3.000	%		09/20/46		500,000		435,266
GNMA, Series 2016-118, Class LB		3.000	%		09/20/46		500,000		440,038
GNMA, Series 2017-080, Class BZ		3.500	%		05/20/47		429,148		353,584
GNMA, Series 2017-120, Class JZ		4.000	%		08/20/47		655,030		604,924
GNMA, Series 2018-006, Class JY		2.750	%		01/20/48		284,000		253,005
GNMA, Series 2018-14, Class MZ		3.000	%		01/20/48		402,764		322,426
GNMA, Series 2018-097, Class GY		4.000	%		07/20/48		1,162,000		1,142,420
GNMA, Series 2018-105, Class ZK		4.000	%		08/20/48		480,339		448,488
GNMA, Series 2018-120, Class PY		3.500	%		09/20/48		688,483		646,999
GNMA, Series 2018-154, Class ZU		4.000	%		11/20/48		512,424		461,530
GNMA, Series 2018-166, Class Z		4.000	%		12/20/48		490,171		440,366
GNMA, Series 2019-20, Class JK		3.500	%		02/20/49		160,144		152,608
GNMA, Series 2019-031, Class AZ		5.000	%		03/20/49		215,115		218,699
GNMA, Series 2019-052, Class HL		4.000	%		04/20/49		490,565		455,450
GNMA, Series 2019-99, Class EW		3.000	%		08/20/49		540,446		450,236
GNMA, Series 2019-99, Class GP		3.500	%		08/20/49		517,000		438,162
GNMA, Series 2020-093, Class AZ		3.000	%		04/20/50		843,734		617,224
GNMA, Series 2020-84, Class LB		1.250	%		06/20/50		4,814,167		3,770,990
GNMA, Series 2021-58, Class NA		1.000	%		07/20/50		604,494		468,750
GNMA, Series 2020-097, Class ML		2.500	%		07/20/50		1,975,000		1,368,545
GNMA, Series 2020-133, Class ZM		1.000	%		09/20/50		493,120		194,616
GNMA, Series 2020-165, Class BP		1.000	%		11/20/50		579,524		491,762
GNMA, Series 2020-183, Class AE		1.250	%		12/20/50		598,103		367,902
GNMA, Series 2021-86, Class MB		1.000	%		05/20/51		656,243		508,540
GNMA, Series 2021-121, Class JW		1.500	%		07/20/51		1,708,699		1,007,384
GNMA, Series 2021-149, Class ZB		3.000	%		08/20/51		298,440		206,142
GNMA, Series 2021-196, Class YZ		1.500	%		11/20/51		1,097,805		501,461
GNMA, Series 2021-216, Class QM		1.500	%		12/20/51		1,133,749		688,477

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 21.1% (Continued)
GNMA, Series 2022-10, Class QJ		1.750	%		01/20/52	$	1,158,766	$	786,294
GNMA, Series 2022-84, Class AL		3.500	%		05/20/52		2,812,353		2,403,539
GNMA, Series 2022-205, Class CH		5.000	%		06/20/52		3,242,719		3,233,604
GNMA, Series 2022-129, Class PL		4.000	%		07/20/52		3,595,000		3,200,648
GNMA, Series 2022-183, Class BZ		5.000	%		10/20/52		2,960,922		2,824,711
GNMA, Series 2022-190, Class DZ		5.750	%		11/20/52		1,992,811		2,046,083
GNMA, Series 2022-197, Class JB		6.000	%		11/20/52		1,500,715		1,635,783
GNMA, Series 2022-205, Class CE		5.000	%		12/20/52		2,180,598		2,166,606
GNMA, Series 2022-209, Class JW		5.500	%		12/20/52		2,038,000		2,056,558
GNMA, Series 2023-13, Class JB		5.250	%		01/20/53		505,050		504,429
GNMA, Series 2023-4, Class BZ		5.500	%		01/20/53		1,538,537		1,586,275
GNMA, Series 2023-35, Class DB		4.500	%		02/20/53		1,233,954		1,142,845
GNMA, Series 2017-H18, Class EB (b)		4.739	%		06/20/63		49,948		49,482
GNMA, Series 2014-H14, Class FA (1* 1MO LIBOR + 50)		4.892	%		07/20/64		243,154		241,424
GNMA, Series 2014-H15, Class FA (1* 1MO LIBOR + 50)		5.066	%		07/20/64		67,929		67,403
GNMA, Series 2016-H11, Class FD (1* 12MO LIBOR + 40) (b)		2.572	%		05/20/66		226,790		224,815
GNMA, Series 2017-H16, Class DB (b)		4.428	%		08/20/67		35,601		35,052
									175,859,456
Agency MBS CMO Derivatives - 1.0%
FHLMC, Series 3919, Class QS (IO) (-1* 1MO LIBOR + 670) (b)		2.016	%		08/15/30		1,188,413		65,780
FHLMC, Series 4214, Class CI (IO)		3.000	%		06/15/31		276,595		6,247
FHLMC, Series 4114, Class IM (IO)		3.500	%		07/15/31		352,688		7,150
FHLMC, Series 4169, Class SA (IO) (-1.2* 1MO LIBOR + 546) (b)		0.000	%		02/15/33		483,339		401,577
FHLMC, Series 226, Class PO (PO)		0.000	%		02/01/34		108,661		93,514
FHLMC, Series 3107, Class DC (IO) (-1* 1MO LIBOR + 670) (b)		2.016	%		06/15/35		322,440		1,375
FHLMC, Series 3102, Class TA (IO) (-7.5* 1MO LIBOR + 5250)		7.500	%		01/15/36		192,167		192,404
FHLMC, Series 3607, Class AO (PO)		0.000	%		04/15/36		70,160		58,357

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO Derivatives - 1.0% (Continued)
FHLMC, Series 237, Class S14 (IO) (-1* 1MO LIBOR + 660) (b)		1.916	%		05/15/36	$	280,621	$	34,208
FHLMC, Series 3199, Class OC (PO)		0.000	%		08/15/36		111,367		96,224
FHLMC, Series 3607, Class OP (PO)		0.000	%		07/15/37		265,257		217,360
FHLMC, Series 4006, Class IA (IO)		4.500	%		09/15/41		346,056		31,795
FHLMC, Series 4422, Class DO (PO)		0.000	%		10/15/41		911,548		687,639
FHLMC, Series 4116, Class LI (IO)		4.500	%		02/15/42		1,091,393		124,681
FHLMC, Series 4074, Class SJ (IO) (-1* 1MO LIBOR + 662) (b)		1.936	%		07/15/42		698,650		114,093
FHLMC, Class (PO), Pool #S0-6050		0.000	%		08/15/42		148,178		116,124
FHLMC, Class (PO), Pool #S0-6829		0.000	%		09/15/43		269,888		205,834
FNMA, Series 2012-148, Class IA (IO)		4.000	%		01/25/28		130,844		6,828
FNMA, Series 2004-91, Class SP (IO) (-2.4* 1MO LIBOR + 1680) (b)		5.171	%		10/25/31		147,075		153,520
FNMA, Series 2004-61, Class GO (PO)		0.000	%		11/25/32		349,040		306,397
FNMA, Series 2013-89, Class DI (IO)		4.000	%		08/25/33		1,137,261		106,433
FNMA, Series 2015-82, Class AI (IO)		3.500	%		06/25/34		673,736		58,893
FNMA, Series 2016-28, Class DI (IO)		3.500	%		03/25/35		581,870		58,149
FNMA, Series 384, Class 11 (IO)		5.000	%		03/25/35		505,881		77,898
FNMA, Series 2005-52, Class JH (IO) (-1* 1MO LIBOR + 660) (b)		1.755	%		05/25/35		275,174		16,432
FNMA, Series 378, Class (IO) (b)		5.000	%		06/25/35		556,001		88,332
FNMA, Series 2016-24, Class KI (IO)		3.500	%		07/25/35		355,772		35,545
FNMA, Series 368, Class (IO)		5.000	%		02/25/36		418,294		57,607
FNMA, Series 2006-96, Class MO (PO)		0.000	%		10/25/36		27,717		24,466
FNMA, Series 379, Class I (PO)		0.000	%		05/25/37		37,367		30,437
FNMA, Series 398, Class C5 (IO)		5.000	%		05/25/39		619,272		119,914
FNMA, Series 2010-44, Class CS (IO) (-1* 1MO LIBOR + 655) (b)		1.705	%		05/25/40		38,625		3,901
FNMA, Series 409, Class C1 (IO)		4.000	%		04/01/42		926,836		172,402
FNMA, Series 2012-99, Class QS (IO) (-1* 1MO LIBOR + 660) (b)		1.755	%		09/25/42		1,814,618		192,890
FNMA, Series 2012-128, Class SH (IO) (-1* 1MO LIBOR + 400) (b)		0.000	%		11/25/42		464,337		342,441

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO Derivatives - 1.0% (Continued)
FNMA, Series 2012-128, Class WS (IO) (-1* 1MO LIBOR + 400) (b)		0.000	%		11/25/42	$	980,829	$	673,998
FNMA, Series 2016-32, Class GO (PO)		0.000	%		01/25/43		11,453		7,176
FNMA, Series 2016-30, Class IN (IO)		3.500	%		02/25/43		1,000,323		53,781
FNMA, Series 2003-W10, Class 3IO (IO) (b)		0.166	%		06/25/43		8,984,313		39,691
FNMA, Series 2013-82, Class SB (IO) (-2.67* 1MO LIBOR + 1173) (b)		0.000	%		08/25/43		350,236		253,811
FNMA, Series 2013-101, Class DO (PO)		0.000	%		10/25/43		97,671		73,651
FNMA, Series 2014-42, Class SN (IO) (-1* 1MO LIBOR + 605) (b)		1.205	%		07/25/44		379,372		42,684
FNMA, Series 2019-31, Class CI (IO)		4.000	%		02/25/47		844,213		62,245
FNMA, Series 2018-11B, Class QI (IO)		4.000	%		01/25/48		2,260,173		352,271
FNMA, Series 2018-01, Class AI (IO)		5.000	%		02/25/48		1,647,365		340,421
FNMA, Series 2018-24, Class (IO)		4.500	%		04/25/48		1,840,695		305,156
GNMA, Series 2011-139, Class LS (IO) (-1* 1MO LIBOR + 500) (b)		0.434	%		03/16/38		1,704,118		139,732
GNMA, Series 2013-147, Class SD (IO) (-1* 1MO LIBOR + 665) (b)		1.889	%		12/20/39		1,317,556		139,904
GNMA, Series 2011-21, Class SA (IO) (-1* 1MO LIBOR + 600) (b)		1.270	%		02/16/41		1,471,890		160,700
GNMA, Series 2013-113, Class QS (IO) (-1* 1MO LIBOR + 620) (b)		1.439	%		02/20/42		234,970		12,148
GNMA, Series 2013-82, Class NS (IO) (-1* 1MO LIBOR + 400) (b)		0.000	%		05/20/43		1,294,967		849,501
GNMA, Series 2017-004, Class WI (IO)		4.000	%		02/20/44		787,569		58,030
GNMA, Series 2016-32, Class MS (IO) (-1* 1MO LIBOR + 605) (b)		1.289	%		03/20/46		1,369,157		158,744
GNMA, Series 2019-98, Class BI (IO)		3.000	%		06/20/49		847,484		227,933
GNMA, Series 2019-120, Class DI (IO)		3.500	%		08/20/49		1,591,804		249,389
GNMA, Series 2013-H13, Class T1 (IO) (b)		0.487	%		05/20/63		1,129,886		5,509
GNMA, Series 2016-H20, Class GI (IO) (b)		0.874	%		08/20/66		816,741		1,219
GNMA, Series 2018-H08, Class NI (IO) (b)		1.412	%		05/20/68		674,453		3,417
									8,517,958
Agency MBS Passthrough - 5.8%
FHLMC, Pool #FG G14973		4.000	%		12/01/28		88,167		87,506

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS Passthrough - 5.8% (Continued)
FHLMC, Pool #FG U59010		4.000	%		11/01/34	$	275,361	$	266,427
FHLMC, Pool #FG G61909		4.500	%		12/01/37		365,467		366,723
FHLMC, Pool #FG G06085		6.500	%		09/01/38		46,516		49,256
FHLMC, Pool #FH 2B7995		2.523	%		10/01/50		4,296,860		3,920,379
FHLMC, Pool #RE-0015		3.000	%		11/01/50		6,262,262		5,706,742
FHLMC, Series 4839, Class AL		4.000	%		04/15/51		2,326,401		2,111,074
FNMA, Pool #FN 252409		6.500	%		03/01/29		51,487		52,516
FNMA, Pool #FN AL5850		3.500	%		10/01/29		201,245		195,913
FNMA, Pool #FN AS7287		3.500	%		06/01/31		332,365		323,729
FNMA, Pool #FN AL3200		3.500	%		02/01/33		253,387		246,193
FNMA, Pool #FN AT7120		3.500	%		06/01/33		319,272		308,801
FNMA, Pool #FN AL5166		3.000	%		11/01/33		247,502		229,379
FNMA, Pool #FN AL6685		4.000	%		01/01/35		406,986		393,349
FNMA, Pool #FN MA2198		3.500	%		03/01/35		255,993		249,312
FNMA, Pool #FN MA3050		4.500	%		06/01/37		415,399		413,654
FNMA, Pool #FN AS4073		4.000	%		12/01/44		175,986		171,578
FNMA, Pool #FN MA2778		3.500	%		10/01/46		88,989		82,253
FNMA, Pool #BM6530		3.000	%		10/01/48		354,822		316,109
FNMA, Pool #CA6940		2.247	%		09/01/50		2,673,482		2,417,256
FNMA, Pool #BM6452		2.114	%		10/01/50		3,720,658		3,342,666
FNMA, Pool #FN BQ5239		2.222	%		10/01/50		2,137,766		1,993,970
FNMA, Pool #FN BK8466		2.241	%		12/01/50		1,082,996		947,890
FNMA, Pool #FN BR9977		1.782	%		06/01/51		3,035,859		2,667,866
GNMA, Pool #MA5738M		4.000	%		02/20/34		187,997		184,510
GNMA, Pool #GN 784279		5.500	%		11/15/38		305,272		317,173
GNMA, Pool #711522X		4.500	%		07/15/40		249,883		252,355
GNMA, Pool #GN 78541		4.500	%		06/15/46		108,090		109,134
GNMA, Pool #G2 784792		4.500	%		08/20/49		512,471		496,140
GNMA, Pool #MA7929M		3.500	%		03/20/52		8,229,250		7,482,687
GNMA, Pool #G2 CN5057		4.500	%		07/20/62		2,619,118		2,483,543
GNMA, Pool #CN5236C		4.000	%		08/20/62		7,779,511		7,328,904
GNMA, Pool #G2 CN5237		4.500	%		08/20/62		2,885,783		2,736,402
									48,251,389

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
ARM - 0.0% (e)
Structured Asset Securities Corp., Series 2003-37A, Class 2-A (b)		3.955	%		12/25/33	$	8,005	$	7,286
Auto Loan - 2.6%
ACC Auto Trust, Series 2021-A, Class A (c)		1.080	%		04/15/27		152,378		151,188
ACM Auto Trust, Series 2023-1A, Class C (c)		8.590	%		01/22/30		3,400,000		3,389,938
Arivo Acceptance Auto Loan Receivables Trust, Series 2021-1A, Class A (c)		1.190	%		01/15/27		794,335		769,862
Arivo Acceptance Auto Loan Receivables Trust, Series 2022-2A, Class C (c)		9.840	%		03/15/29		3,500,000		3,618,638
CarNow Auto Receivables Trust, Series 2021-1A, Class C (c)		2.160	%		02/17/26		750,000		735,554
CarNow Auto Receivables Trust, Series 2023-1A, Class B (c)		6.950	%		03/16/26		2,500,000		2,491,484
CarNow Auto Receivables Trust, Series 2023-1A, Class D (c)		7.990	%		02/15/28		2,500,000		2,462,804
CIG Auto Receivables Trust, Series 2020-1, Class C (c)		1.750	%		01/12/26		60,018		59,922
CIG Auto Receivables Trust, Series 2020-1, Class D (c)		2.350	%		01/12/26		300,000		291,383
Credito Real USA Auto Receivable, Series 2021-1, Class A (c)		1.350	%		02/16/27		242,138		237,911
FHF Trust, Series 2021-2A, Class A (c)		0.830	%		12/15/26		492,596		469,082
FHF Trust, Series 2021-1, Class A (c)		1.270	%		03/15/27		332,129		318,991
FHF Trust, Series 2021-2A, Class B (c)		1.630	%		09/15/27		5,590,000		5,003,270
OneMain Direct Auto Receivables, Series 2019-1, Class D (c)		4.680	%		04/14/31		675,000		620,182
Veros Auto Receivables Trust, Series 2021-1, Class B (c)		1.490	%		10/15/26		1,000,000		957,471
									21,577,680
CRE/CLO - 4.0%
A10 Securitization, Series 2021-D, Class D (c)(d)		4.409	%		10/01/38		1,241,661		1,129,826
A10 Securitization, Series 2021-D, Class E (c)(d)		4.937	%		10/01/38		1,266,495		1,135,050
A10 Securitization, Series 2020-C, Class B (c)(d)		2.617	%		08/15/40		98,489		98,486
A10 Securitization, Series 2020-C, Class D (c)(d)		4.129	%		08/15/40		250,000		242,637

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
CRE/CLO - 4.0% (Continued)
A10 Securitization, Series 2020-C, Class E (c)(d)		5.465	%		08/15/40	$	250,000	$	237,503
Acre Commercial Mortgage Trust, Series 2021-FL4, Class D (1* 1MO LIBOR + 260) (b)(c)		7.361	%		12/18/37		1,000,000		924,158
Acre Commercial Mortgage Trust, Series 2021-FL4, Class E (1* 1MO LIBOR + 310) (b)(c)		7.861	%		12/18/37		675,000		641,189
ACREC, LLC, Series 2023-FL2, Class A (1* TSFR1M + 223) (b)(c)		6.921	%		02/19/38		2,000,000		1,985,058
Arbor Realty Collateralized Loan, Series 2022-FL1, Class D (1* SOFR30A + 300) (b)(c)		7.558	%		01/15/37		1,250,000		1,137,322
AREIT CRE Trust, Series 2021-CRE5, Class A (1* 1MO LIBOR + 108) (b)(c)		5.681	%		11/17/38		1,248,318		1,219,282
AREIT CRE Trust, Series 2022-CRE7, Class C (1* SOFR + 384) (b)(c)		8.586	%		06/17/39		900,000		868,814
BDS Ltd., Series 2021-FL8, Class C (1* 1MO LIBOR + 155) (c)		6.311	%		01/18/36		1,093,000		1,027,115
BDS Ltd., Series 2021-FL8, Class D (1* 1MO LIBOR + 300) (b)(c)		6.661	%		01/18/36		1,000,000		919,727
BXMT Ltd., Series 2020-FL2, Class A (1* TSFR1M + 101) (c)		5.580	%		02/15/38		643,850		626,757
BXMT Ltd., Series 2020-FL2, Class D (1* 1MO LIBOR + 195) (b)(c)		6.628	%		02/15/38		1,520,000		1,373,606
BXMT Ltd., Series 2021-FL4, Class C (1* 1MO LIBOR + 175) (c)		6.434	%		05/15/38		1,600,000		1,437,499
BXMT Ltd., Series 2021-FL4, Class D (1* 1MO LIBOR + 225) (b)(c)		6.838	%		05/15/38		2,250,000		1,964,452
LoanCore Issuer Ltd., Series 2019-CRE3, Class D (1* 1MO LIBOR + 250) (b)(c)		7.088	%		04/15/34		1,170,000		1,154,871
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL5, Class A (1* TSFR1M + 96) (b)(c)		5.526	%		07/15/36		705,968		691,119
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL5, Class AS (1* TSFR1M + 131) (b)(c)		5.876	%		07/15/36		1,300,000		1,255,576

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
CRE/CLO - 4.0% (Continued)
MF1 Multifamily Housing Mortgage Trust, Series 2021-FL5, Class C (1* TSFR1M + 181) (b)(c)		6.376	%		07/15/36	$	1,000,000	$	932,883
MF1 Multifamily Housing Mortgage Trust, Series 2022-FL8, Class B (1* SOFR30A + 195) (b)(c)		6.510	%		02/19/37		1,500,000		1,410,870
MF1 Multifamily Housing Mortgage Trust, Series 2022-FL10, Class C (1* TSFR1M + 448) (c)		9.239	%		09/17/37		1,500,000		1,484,309
MF1 Multifamily Housing Mortgage Trust, Series 2022-FL10, Class D (1* TSFR1M + 573) (b)(c)		10.485	%		09/17/37		750,000		734,983
PFP Ltd., Series 2021-8, Class A (1* 1MO LIBOR + 100) (b)(c)		5.590	%		08/09/37		1,437,511		1,410,073
PFP Ltd., Series 2021-8, Class C (1* 1MO LIBOR + 180) (b)(c)		6.530	%		08/09/37		1,700,000		1,581,437
PFP Ltd., Series 2021-7, Class A (1* 1MO LIBOR + 85) (b)(c)		5.438	%		04/14/38		124,481		122,293
PFP Ltd., Series 2021-7, Class A-S (1* 1MO LIBOR + 115) (c)		5.738	%		04/14/38		1,499,925		1,457,927
PFP Ltd., Series 2021-7, Class B (1* 1MO LIBOR + 140) (b)(c)		5.990	%		04/14/38		699,965		655,873
PFP Ltd., Series 2021-7, Class D (1* 1MO LIBOR + 240) (b)(c)		6.990	%		04/14/38		1,749,913		1,626,063
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class C (1* 1MO LIBOR + 190) (b)(c)		6.406	%		07/25/36		500,000		467,683
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class A (1* 1MO LIBOR + 290) (b)(c)		7.406	%		07/25/36		1,000,000		905,125
Shelter Growth Capital Partners, LLC, Series 2021-FL3, Class A (1* 1MO LIBOR + 108) (b)(c)		5.764	%		09/15/36		320,448		312,601
									33,172,167

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Credit Cards - 3.3%
Brex Commercial Charge Card Master Trust, Series 2022-1, Class A (c)		4.630	%		07/15/25	$	700,000	$	683,255
Continental Credit Card, LLC, Series 2019-1, Class A (c)		3.830	%		08/15/26		239,481		238,373
Continental Credit Card, LLC, Series 2019-1, Class B (c)		4.950	%		08/15/26		300,000		296,036
Continental Credit Card, LLC, Series 2020-A, Class A (c)		2.240	%		12/15/28		1,350,000		1,287,578
Continental Credit Card, LLC, Series 2020-A, Class B (c)		3.660	%		12/15/28		1,400,000		1,298,116
Continental Credit Card, LLC, Series 2021-A, Class B (c)		3.490	%		12/17/29		2,500,000		2,192,679
Continental Credit Card, LLC, Series 2021-A, Class C (c)		4.020	%		12/17/29		2,500,000		2,128,470
Continental Credit Card, LLC, Series 2022-A, Class C (c)		9.330	%		10/15/30		2,300,000		2,190,813
Genesis Private Label Amortization Trust, Series 2020-1, Class D (c)		6.630	%		07/20/30		639,228		635,320
Genesis Sales Finance Master Trust, Series 2021-AA, Class D (c)		2.090	%		12/21/26		750,000		689,903
Genesis Sales Finance Master Trust, Series 2022-B, Class C (c)		9.530	%		09/20/27		1,500,000		1,505,357
Genesis Sales Finance Master Trust, Series 2022-A, Class D (c)		10.970	%		09/20/27		1,500,000		1,499,631
Mercury Financial Credit Card Master Trust, Series 2022-1A, Class A (c)		2.500	%		09/21/26		1,000,000		938,421
Mercury Financial Credit Card Master Trust, Series 2022-1A, Class B (c)		3.200	%		09/21/26		880,000		819,510
Mercury Financial Credit Card Master Trust, Series 2022-3A, Class B (c)		10.680	%		06/21/27		2,500,000		2,492,104
Mercury Financial Credit Card Master Trust, Series 2023-1A, Class B (c)		8.040	%		09/20/27		5,000,000		5,001,777
Mercury Financial Credit Card Master Trust, Series 2023-1A, Class B (c)		9.590	%		09/20/27		3,500,000		3,468,967
									27,366,310

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Equipment - 0.3%
Business Jet Securities, LLC, Series 2020-1, Class B (c)		3.967	%		11/15/35	$	136,009	$	125,829
Business Jet Securities, LLC, Series 2021-1A, Class B (c)		2.918	%		04/15/36		270,243		248,623
CLI Funding VI, LLC, Series 2020-1, Class B (c)		3.620	%		09/18/45		481,975		425,397
Octane Receivables Trust, Series 2021-1A, Class C (c)		2.230	%		11/20/28		1,350,000		1,219,409
Stellar Jay Ireland DAC, Series 2021-1, Class B (c)(d)		5.926	%		10/15/41		946,940		719,684
									2,738,942
HECM - 3.0%
Boston Lending Trust, Series 2022-1, Class M2 (c)(d)		2.750	%		02/25/62		515,966		396,524
Brean Asset Backed Securities, Series 2022-RM4, Class M1 (c)(d)		3.000	%		07/25/62		1,021,621		704,396
Brean Asset Backed Securities, Series 2022-RM5, Class M1 (c)(d)		4.500	%		09/25/62		2,348,722		1,725,956
Brean Asset Backed Securities, Series 2022-RM5, Class M2 (c)(d)		4.500	%		09/25/62		2,655,078		1,734,855
Brean Asset Backed Securities, Series 2023-RM6, Class A2 (c)		5.250	%		01/25/63		4,250,000		3,638,802
Brean Asset Backed Securities, Series 2023-RM6, Class M1 (c)(d)		5.250	%		01/25/63		2,714,976		1,904,518
Brean Asset Backed Securities, Series 2023-RM6, Class M2 (c)(d)		5.250	%		01/25/63		2,714,976		1,638,772
Cascade Funding Mortgage Trust, Series 2022-HB8, Class M3 (c)		3.750	%		04/25/25		1,500,000		1,231,305
Cascade Funding Mortgage Trust, Series 2022-HB8, Class A (c)		3.750	%		04/25/25		1,331,287		1,301,897
Finance of America HECM Buyout Trust, Series 2022-HB1, Class M3 (b)(c)		5.084	%		02/25/32		1,650,000		1,454,514
Finance of America HECM Buyout Trust, Series 2022-HB2, Class M3 (c)		6.000	%		08/01/32		2,175,000		1,943,191
RMF Buyout Issuance Trust, Series 2021-HB1, Class M3 (c)(d)		3.690	%		11/25/31		1,550,000		1,293,091

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
HECM - 3.0% (Continued)
RMF Buyout Issuance Trust, Series 2020-HB1, Class AI (b)(c)(d)		1.719	%		10/25/50	$	2,474,114	$	2,294,787
RMF Proprietary Issuance Trust, Series 2021-2, Class A (c)(f)		2.125	%		09/25/61		1,419,504		1,050,433
RMF Proprietary Issuance Trust, Series 2022-1, Class A (b)(c)		3.000	%		01/25/62		1,538,426		1,138,615
RMF Proprietary Issuance Trust, Series 2022-2, Class M3 (b)(c)		3.750	%		06/25/62		1,100,000		561,467
RMF Proprietary Issuance Trust II, Series 2022-1, Class M1 (b)(c)		3.000	%		01/25/62		1,000,000		649,680
RMF Proprietary Issuance Trust III, Series 2022-1, Class M2 (c)		3.000	%		01/25/62		1,000,000		574,896
									25,237,699
Hospitality - 1.6%
BHMS Mortgage Trust, Series 2018-ATLS, Class A (1* 1MO LIBOR + 125) (b)(c)		5.934	%		07/15/35		1,840,991		1,770,478
BHMS Mortgage Trust, Series 2018-ATLS, Class B (1* 1MO LIBOR + 150) (c)		6.184	%		07/15/35		1,000,000		950,965
BX Trust, Series 2018-GW, Class D (1* 1MO LIBOR + 177) (b)(c)		6.358	%		05/15/35		785,000		755,372
BX Trust, Series 2018-GW, Class E (1* 1MO LIBOR + 197) (b)(c)		6.558	%		05/15/35		1,802,000		1,729,459
BX Trust, Series 2021-ARIA, Class C (1* 1MO LIBOR + 165) (c)		6.234	%		10/15/36		1,000,000		934,809
BX Trust, Series 2021-ARIA, Class E (1* 1MO LIBOR + 224) (b)(c)		6.833	%		10/15/36		2,000,000		1,799,434
BX Trust, Series 2020-VIV3, Class B (b)(c)		3.544	%		03/09/44		1,300,000		1,136,778
Extended Stay America Trust, Series 2021-ESH, Class D (1* 1MO LIBOR + 225) (b)(c)		6.935	%		07/15/38		1,171,431		1,115,608
Extended Stay America Trust, Series 2021-ESH, Class E (1* 1MO LIBOR + 285) (b)(c)		7.535	%		07/15/38		976,192		922,331
Goldman Sachs Mortgage Securities Corp. Trust, Series 2018-HULA, Class B (1* 1MO LIBOR + 125) (b)(c)		5.840	%		07/15/25		663,210		645,690

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Hospitality - 1.6% (Continued)
Goldman Sachs Mortgage Securities Corp. Trust, Series 2018-HULA, Class C (1* 1MO LIBOR + 145) (b)(c)		6.040	%		07/15/25	$	882,756	$	856,109
Hawaii Hotel Trust, Series 2019-MAUI, Class A (1* 1MO LIBOR + 115) (b)(c)		5.738	%		05/15/38		1,000,000		974,889
									13,591,922
Industrial - 0.2%
BX Trust, Series 2021-VOLT, Class D (1* 1MO LIBOR + 165) (b)(c)		6.334	%		09/15/36		950,000		892,827
SMR Mortgage Trust, Series 2022-IND, Class D (1* TSFR1M + 395) (b)(c)		8.777	%		02/15/39		476,545		440,238
									1,333,065
Manufactured Housing - 0.0% (e)
Cascade Manuafactured Housing Asset Trust, Series 2019-MH1, Class M (b)(c)		5.985	%		11/25/44		100,000		93,080
Multifamily - 1.2%
FREMF Mortgage Trust, Series 2016-KF17, Class B (1* 1MO LIBOR + 584) (b)(c)		10.509	%		04/25/23		196,451		196,225
FREMF Mortgage Trust, Series 2017-KF39, Class B (1* 1MO LIBOR + 250) (b)(c)		7.169	%		11/25/24		330,814		326,052
FREMF Mortgage Trust, Series 2018-KF42, Class B (1* 1MO LIBOR + 220) (b)(c)		6.774	%		12/25/24		603,756		590,920
FREMF Mortgage Trust, Series 2018-KF44, Class B (1* 1MO LIBOR + 215) (b)(c)		6.724	%		02/25/25		213,477		210,378
FREMF Mortgage Trust, Series 2018-KF53, Class B (1* 1MO LIBOR + 205) (b)(c)		6.624	%		10/25/25		491,756		483,086
FREMF Mortgage Trust, Series 2018-KF43, Class B (1* 1MO LIBOR + 215) (b)(c)		6.724	%		01/25/28		236,208		225,094
FREMF Mortgage Trust, Series 2018-KF50, Class B (1* 1MO LIBOR + 190) (b)(c)		6.474	%		07/25/28		338,254		311,311
FREMF Mortgage Trust, Series 2019-KF57, Class B (1* 1MO LIBOR + 225) (b)(c)		6.824	%		01/25/29		940,411		887,269
FREMF Mortgage Trust, Series 2019-KF67, Class B (1* 1MO LIBOR + 225) (b)(c)		6.919	%		08/25/29		376,581		353,790

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Multifamily - 1.2% (Continued)
MultiFamily Connecticut Avenue, Series 2020-01, Class M-7 (1* 1MO LIBOR + 195) (b)(c)		6.567	%		03/25/50	$	68,961	$	66,522
MultiFamily Structured Credit Risk, Series 2021-MN2, Class M-1 (1* SOFR30A + 180) (b)(c)		6.284	%		07/25/41		2,309,213		2,102,261
MultiFamily Structured Credit Risk, Series 2021-MN1, Class M-1 (1* SOFR30A + 200) (b)(c)		6.484	%		01/25/51		1,017,725		955,253
MultiFamily Structured Credit Risk, Series 2021-MN3, Class M1 (1* SOFR30A + 230) (b)(c)		6.784	%		11/25/51		1,778,267		1,673,362
MultiFamily Structured Credit Risk, Series 2022-MN4, Class M1 (1* SOFR30A + 425) (b)(c)		8.734	%		05/25/52		1,981,062		1,958,289
									10,339,812
Non-Agency MBS 2.0 - 0.4%
Chase Mortgage Finance Corp., Series 2021-CL1, Class M3 (1* SOFR30A + 155) (b)		6.110	%		02/25/50		699,769		583,226
J.P. Morgan Wealth Management, Series 2021-CL1, Class M1 (1* SOFR30A + 130) (b)(c)		5.860	%		03/25/51		649,058		569,003
J.P. Morgan Wealth Management, Series 2021-CL1, Class M3 (1* SOFR30A + 180) (b)(c)		6.360	%		03/25/51		1,796,226		1,720,823
									2,873,052
Non-Performing Loan - 0.1%
Cascade Funding Mortgage Trust, Series 2021-EBO1, Class M3 (b)(c)		3.086	%		11/25/50		700,000		618,640
Non-QM - 0.1%
Angel Oak Mortgage Trust, Series 2019-1, Class B1 (c)		5.400	%		11/25/48		1,250,000		1,204,783

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Residential Transition Loan - 1.8%
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A1 (c)		3.280	%		01/25/26	$	1,665,660	$	1,639,978
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A2 (c)		5.610	%		01/25/26		387,363		382,303
Antler Mortgage Trust, Series 2021-RTL1, Class M (b)(c)		5.438	%		05/25/25		1,750,000		1,545,499
Corevest American Finance Ltd., Series 2021-RTL1, Class A2 (c)		3.104	%		03/28/29		1,000,000		907,721
LHOME Mortgage Trust, Series 2021-RTL1, Class M (b)(c)		4.458	%		02/25/26		750,000		653,042
LHOME Mortgage Trust, Series 2021-RTL2, Class A2 (c)		2.783	%		06/25/26		700,000		625,617
LHOME Mortgage Trust, Series 2021-RTL2, Class M (c)		4.458	%		06/25/26		1,250,000		1,066,211
LHOME Mortgage Trust, Series 2022-RTL1, Class M (c)		6.900	%		02/25/27		1,250,000		1,132,687
New York Mortgage Trust, Series 2021-BPL1, Class A1 (c)		2.239	%		05/25/26		2,700,000		2,584,121
New York Mortgage Trust, Series 2022-BPL1, Class A2 (c)		4.948	%		11/25/27		1,200,000		1,129,551
ROC Securities Trust, Series 2021-RTL1, Class A2 (c)		3.351	%		08/25/26		1,500,000		1,342,237
Toorak Mortgage Corp., Series 2021-1, Class A-1 (c)		2.240	%		06/25/24		610,000		574,610
Toorak Mortgage Corp., Series 2022-1, Class A2 (c)		4.948	%		03/25/29		1,000,000		953,898
									14,537,475
Retail - 1.1%
BX Trust, Series 2021-VIEW, Class B (1* 1MO LIBOR + 180) (b)(c)		6.484	%		06/15/36		1,150,000		1,083,310
BX Trust, Series 2021-VIEW, Class E (1* 1MO LIBOR + 360) (b)(c)		8.284	%		06/15/36		2,500,000		2,272,299
BX Trust, Series 2018-EXCL, Class C (1* 1MO LIBOR + 198) (b)(c)		6.563	%		09/15/37		238,540		233,549

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Retail - 1.1% (Continued)
Credit Suisse Mortgage Trust, Series 2018-SITE, Class A (c)		4.284	%		04/15/36	$	727,000	$	698,685
Credit Suisse Mortgage Trust, Series 2018-SITE, Class C (b)(c)		4.782	%		04/15/36		300,000		284,041
Credit Suisse Mortgage Trust, Series 2018-SITE, Class D (1* TSFR1M + 101) (b)(c)		4.782	%		04/15/36		235,000		219,382
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class A (1* 1MO LIBOR + 115) (c)		5.834	%		02/15/40		2,070,752		1,957,064
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class B (1* 1MO LIBOR + 145) (b)(c)		6.134	%		02/15/40		681,766		631,130
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class C (1* 1MO LIBOR + 180) (b)(c)		6.484	%		02/15/40		386,334		351,073
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class D (1* 1MO LIBOR + 250) (b)(c)		7.184	%		02/15/40		1,504,431		1,339,801
									9,070,334
Single Family Rental - 2.7%
American Homes 4 Rent, Series 2014-SFR2, Class E (c)		6.231	%		10/17/36		300,000		297,275
American Homes 4 Rent, Series 2014-SFR2, Class D (c)		3.678	%		12/17/36		316,929		310,061
American Homes 4 Rent, Series 2014-SFR3, Class E (c)		6.418	%		12/17/36		300,000		296,738
American Homes 4 Rent, Series 2015-SFR1, Class A (c)		3.467	%		04/17/52		109,926		106,076
Corevest American Finance Ltd., Series 2020-4, Class E (c)		3.379	%		12/15/52		750,000		574,270
Firstkey Homes Trust, Series 2022-SFR2, Class D (c)		4.500	%		07/17/39		1,250,000		1,150,606
Home Partners of America Trust, Series 2021-2, Class D (c)		2.652	%		12/17/26		968,247		854,783
Home Partners of America Trust, Series 2019-1, Class B (c)		3.157	%		09/17/39		482,803		445,089
Home Partners of America Trust, Series 2019-2, Class B (c)		2.922	%		10/19/39		599,984		544,822

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Single Family Rental - 2.7% (Continued)
Progress Residential Trust, Series 2019-SFR3, Class C (c)		2.721	%		09/17/36	$	2,000,000	$	1,896,088
Progress Residential Trust, Series 2019-SFR4, Class A (c)		2.687	%		10/17/36		634,198		606,542
Progress Residential Trust, Series 2020-SFR1, Class A (c)		1.732	%		04/17/37		3,811,871		3,547,832
Progress Residential Trust, Series 2021-SFR1, Class B (c)		1.303	%		04/17/38		3,400,000		2,977,663
Progress Residential Trust, Series 2022-SFR3, Class D (c)		4.450	%		04/17/39		1,550,000		1,421,133
Progress Residential Trust, Series 2022-SFR5, Class D (c)		5.734	%		06/17/39		800,000		765,984
Progress Residential Trust, Series 2022-SFR5, Class E-1 (c)		6.618	%		06/17/39		800,000		759,754
Progress Residential Trust, Series 2023-SFR1, Class D (c)		4.650	%		03/17/40		2,481,000		2,256,921
Progress Residential Trust, Series 2021-SFR10, Class A (c)		2.393	%		12/17/40		1,996,261		1,720,393
Tricon Residential Trust, Series 2022-SFR2, Class D (c)		6.230	%		07/17/40		2,000,000		1,983,495
									22,515,525
Small Business - 1.3%
Credibility Asset Securitization, Series 2021-1A, Class A (c)		2.390	%		04/15/26		6,000,000		5,671,532
Credibility Asset Securitization, Series 2021-1A, Class C (c)		3.380	%		04/15/26		1,250,000		1,148,869
FORA Financial Asset Securitization, Series 2021-1A, Class C (c)		3.850	%		05/15/27		418,000		385,857
Newtek Small Business Loan Trust, Series 2018-1, Class A (1* Prime - 55) (b)(c)		7.450	%		02/25/44		371,884		366,766
Newtek Small Business Loan Trust, Series 2018-1, Class B (1* Prime + 75) (b)(c)		8.750	%		02/25/44		97,864		96,900
Newtek Small Business Loan Trust, Series 2019-01, Class A (1* Prime - 90) (b)(c)		7.100	%		12/25/44		423,775		415,711

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Small Business - 1.3% (Continued)
Newtek Small Business Loan Trust, Series 2022-1, Class B (1* SOFR + 375) (b)(c)		8.250	%		10/25/49	$	1,364,463	$	1,349,096
OnDeck Asset Securitization Trust, Series 2021-1A, Class B (c)		2.280	%		05/17/27		750,000		680,094
OnDeck Asset Securitization Trust, Series 2021-1A, Class C (c)		2.970	%		05/17/27		650,000		580,955
									10,695,780
Student Loan - 0.8%
College Ave Student Loans, Series 2018-A, Class B (c)		4.750	%		12/26/47		64,002		58,983
College Ave Student Loans, Series 2018-A, Class C (c)		5.500	%		12/26/47		58,846		55,110
College Ave Student Loans, Series 2019-A, Class C (c)		4.460	%		12/28/48		172,533		157,533
College Ave Student Loans, Series 2019-A, Class A1 (1* 1MO LIBOR + 140) (b)(c)		6.017	%		12/28/48		100,222		98,464
College Ave Student Loans, Series 2021-A, Class B (c)		2.320	%		07/25/51		474,882		420,110
College Ave Student Loans, Series 2021-A, Class D (c)		4.120	%		07/25/51		500,000		448,672
Laurel Road Prime Student Loan, Series 2018-B, Class A2 (c)		3.540	%		05/26/43		8,814		8,641
Laurel Road Prime Student Loan, Series 2019-A, Class A2FX (c)		2.730	%		10/25/48		50,786		49,226
Prodigy Finance, Series 2021-1A, Class A (1* 1MO LIBOR + 125) (b)(c)		5.867	%		07/25/51		420,906		410,376
SMB Private Education Loan Trust, Series 2018-C, Class B (c)		4.000	%		11/17/42		200,000		182,024
Social Professional Loan Program, Series 2017-B, Class CFX (b)(c)		4.440	%		05/25/40		900,000		833,720
Social Professional Loan Program, Series 2017-E, Class C (c)		4.160	%		11/26/40		1,585,000		1,424,567
Social Professional Loan Program, Series 2020-A, Class BFX (c)		3.120	%		05/15/46		425,000		353,801

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Student Loan - 0.8% (Continued)
Social Professional Loan Program, Series 2018-D, Class BFX (c)		4.140	%		02/25/48	$	500,000	$	468,563
Social Professional Loan Program, Series 2019-B, Class BFX (c)		3.730	%		08/17/48		750,000		657,513
Social Professional Loan Program, Series 2019-C, Class BFX (c)		3.050	%		11/16/48		1,130,000		939,193
									6,566,496
Unsecured Consumer - 5.0%
ACHV ABS Trust, Series 2023-1PL, Class C (c)		7.420	%		03/18/30		1,500,000		1,498,525
Affirm, Inc., Series 2022-Z1, Class A (c)		4.550	%		06/15/27		2,941,008		2,896,770
Affirm, Inc., Series 2022-Z1, Class B (c)		6.490	%		06/15/27		1,500,000		1,422,295
Avant Loans Funding Trust, Series 2021-REV1, Class A (c)		1.210	%		07/15/30		3,100,000		3,009,612
Avant Loans Funding Trust, Series 2021-REV1, Class C (c)		2.300	%		07/15/30		1,800,000		1,661,616
Freedom Financial Trust, Series 2022-3FP, Class D (c)		7.360	%		08/20/29		2,000,000		1,933,664
Lendmark Funding Trust, Series 2019-2A, Class B (c)		3.220	%		04/20/28		2,325,000		2,200,439
Lendmark Funding Trust, Series 2020-2A, Class C (c)		4.690	%		04/21/31		550,000		475,804
Lendmark Funding Trust, Series 2021-1A, Class C (c)		3.410	%		11/20/31		750,000		630,502
Mariner Finance Issuance Trust, Series 2021-AA, Class D (c)		4.340	%		03/20/36		1,000,000		813,392
Oportun Funding XIV, LLC, Series 2021-A, Class C (c)		3.440	%		03/08/28		3,500,000		3,313,009
Oportun Funding, LLC, Series 2022-1, Class C (c)		6.000	%		06/15/29		1,000,000		962,770
Oportun Funding, LLC, Series 2021-B, Class A (c)		1.470	%		05/08/31		2,345,000		2,117,025
Oportun Funding, LLC, Series 2021-B, Class C (c)		3.650	%		05/08/31		650,000		579,272
Oportun Funding, LLC, Series 2022-A, Class C (c)		7.400	%		06/09/31		2,500,000		2,369,570

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Unsecured Consumer - 5.0% (Continued)
Oportun Funding, LLC, Series 2021-C, Class A (c)		2.180	%		10/08/31	$	2,260,000	$	2,034,873
Oportun Funding, LLC, Series 2021-C, Class B (c)		2.670	%		10/08/31		2,500,000		2,201,254
Reach Financial, LLC, Series 2021-1A, Class B (c)		2.170	%		05/15/29		1,500,000		1,371,130
Regional Management Issuance Trust, Series 2020-1, Class A (c)		2.340	%		10/15/30		1,600,000		1,532,645
Regional Management Issuance Trust, Series 2021-1, Class C (c)		3.040	%		03/17/31		1,000,000		862,794
Regional Management Issuance Trust, Series 2021-2, Class C (c)		3.230	%		08/15/33		650,000		522,780
Republic Finance Issuance Trust, Series 2020-A, Class B (c)		3.540	%		11/20/30		1,185,000		1,095,607
Upgrade Master Pass-Through Trust, Series 2019-ST1, Class A (c)		4.000	%		07/15/25		687		686
Upgrade Master Pass-Through Trust, Series 2019-ST3, Class A (c)		3.750	%		11/15/25		3,858		3,851
Upstart Pass-Through Trust, Series 2021-ST1, Class A (c)		2.750	%		02/20/27		300,048		286,572
Upstart Pass-Through Trust, Series 2021-ST2, Class A (c)		2.500	%		04/20/27		416,917		396,611
Upstart Pass-Through Trust, Series 2021-ST4, Class A (c)		2.000	%		07/20/27		1,245,860		1,158,550
Upstart Pass-Through Trust, Series 2022-ST1, Class A (c)		2.600	%		03/20/30		565,197		533,741
Upstart Securitization Trust, Series 2021-3, Class B (c)		1.660	%		07/20/31		500,000		475,874
Upstart Securitization Trust, Series 2022-4, Class A (c)		5.980	%		08/20/32		1,995,254		1,958,187

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Securitized - 63.6% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Unsecured Consumer - 5.0% (Continued)
Upstart Structured Pass-Through Trust, Series 2022-2A, Class A (c)		4.250	%		06/17/30	$	1,211,306	$	1,165,420
									41,484,840
Total Securitized (Cost $558,432,593)								$	529,262,381

Treasury - 13.5%	Coupon			Maturity		Shares / Par Value		Fair Value
U.S. Treasury Inflation-Protected Notes		0.500	%		04/15/24	$	5,355,090	$	5,268,697
U.S. Treasury Notes (a)		1.625	%		02/15/26		5,000,000		4,702,344
U.S. Treasury Notes (a)		2.250	%		08/15/27		2,000,000		1,886,641
U.S. Treasury Notes (a)		0.500	%		10/31/27		15,000,000		13,016,016
U.S. Treasury Notes (a)		1.250	%		09/30/28		4,650,000		4,103,262
U.S. Treasury Notes (a)		0.625	%		08/15/30		4,500,000		3,666,973
U.S. Treasury STRIPS		0.000	%		11/15/31		2,000,000		1,467,130
U.S. Treasury STRIPS		0.000	%		02/15/33		2,000,000		1,393,185
U.S. Treasury STRIPS		0.000	%		05/15/33		2,100,000		1,449,489
U.S. Treasury STRIPS (a)		0.000	%		08/15/33		4,000,000		2,732,560
U.S. Treasury STRIPS		0.000	%		08/15/34		8,000,000		5,245,112
U.S. Treasury STRIPS		0.000	%		11/15/34		3,000,000		1,949,379
U.S. Treasury STRIPS		0.000	%		05/15/35		3,000,000		1,911,874
U.S. Treasury STRIPS (a)		0.000	%		02/15/36		10,250,000		6,349,328
U.S. Treasury STRIPS		0.000	%		02/15/37		6,500,000		3,865,140
U.S. Treasury STRIPS		0.000	%		02/15/38		6,000,000		3,416,125
U.S. Treasury STRIPS		0.000	%		11/15/38		6,000,000		3,310,108
U.S. Treasury Bonds		1.125	%		08/15/40		16,000,000		10,575,625
U.S. Treasury Bonds		1.375	%		11/15/40		11,000,000		7,576,680
U.S. Treasury STRIPS		0.000	%		08/15/41		1,000,000		485,960
U.S. Treasury Inflation-Protected Notes		0.625	%		02/15/43		5,221,720		4,405,928
U.S. Treasury Bonds (a)		2.250	%		08/15/46		3,000,000		2,263,945
U.S. Treasury Bonds		3.000	%		02/15/48		9,500,000		8,286,523
U.S. Treasury Bonds		1.250	%		05/15/50		14,850,000		8,632,723

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

March 31, 2023 (Unaudited)

Treasury - 13.5% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
U.S. Treasury Bonds (a)		1.625	%		11/15/50	$	7,150,000	$	4,585,217
Total Treasury (Cost $121,586,222)								$	112,545,964

Registered Investment Companies - 9.9%	Shares		Fair Value
State Street Institutional Liquid Reserves Fund - Premier Class, 4.97% (g)		44,867,108	$	44,876,081
State Street Navigator Securities Lending Portfolio I, 4.72% (g)(h)		37,635,913		37,635,913
Total Registered Investment Companies (Cost $82,515,568)			$	82,511,994
Total Investment Securities - 104.2% (Cost $913,237,556)			$	867,719,378
Liabilities in Excess of Other Assets - (4.2)%				(35,353,813	)
Net Assets - 100.0%			$	832,365,565

(a)	All or a portion of the security is on loan. The total fair value of the securities on loan as of March 31, 2023 was $44,076,948.
(b)	Variable rate security. The rate shown is the effective interest rate as of March 31, 2023. The benchmark on which the rate is calculated is shown parenthetically, if applicable. Certain variable rate securities are not based on a published rate and spread but are determined by the issuer or agent and may be based on index changes, prerepayment of underlying positions and/or other variables. These securities do not indicate a reference rate and spread in their description above.
(c)	Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities have been deemed liquid under procedures approved by the Fund’s Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. The total fair value of these securities as of 3/31/2023 was $304,611,206, representing 36.6% of net assets.
(d)	Illiquid security as determined under procedures approved by the Board of Trustees. The total fair value of these securities as of March 31, 2023 was $15,256,085, representing 1.8% of net assets.
(e)	Percentage rounds to less than 0.1%.
(f)	Security value has been determined in good faith by the Board of Trustees. The total value of such securities was $1,050,433 as of March 31, 2023, representing 0.1% of net assets.
(g)	The rate shown is the 7-day effective yield as of March 31, 2023.
(h)	This security was purchased using cash collateral held from securities on loan. Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $7,225,893.

BKNT - Bank Note

BV -	Besloten Vennootschap
CV -	Convertible Security
GMTN -	Global Medium-Term Note
IO -	Interest Only
LIBOR -	London Interbank Offered Rate
NA -	National Association

NV -	Naamloze Vennootschap
plc -	Public Limited Company
PO -	Principal Only
Prime -	Short-term interest rate in the banking system of the U.S.
REIT -	Real Estate Investment Trust
SA -	Societe Anonyme
SOFR -	Secured Overnight Financing Rate
TSFR -	CME Term SOFR
UA -	Uitgesloten Aansprakelijkheid