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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Bank OZK</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Post Holdings Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ashland Global Holdings Inc</name>
        <lei>529900E4L9R04SB8HB11</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UGI Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brighthouse Financial Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOK Financial Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Integer Holdings Corporation</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sensata Technologies Holding PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Interstate Bancsystem Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Jones Lang LaSalle Incorporated</name>
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        <name>Hanesbrands Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Stericycle, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Alleghany Corp</name>
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        <title>Alleghany Corporation </title>
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        <name>Coterra Energy Inc</name>
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        <name>Broadridge Financial Solutions Inc.</name>
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        <name>SVB Financial Group</name>
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        <name>Brown &amp; Brown Inc</name>
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        <name>Red Rock Resorts Inc</name>
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        <name>Advance Auto Parts Inc.</name>
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        <name>WNS Holdings Ltd</name>
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        <name>Kirby Corp</name>
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        <title>Kirby Corporation </title>
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        <name>First Advantage Corp New</name>
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        <name>Mr Cooper Group Inc</name>
        <lei>549300KD8C6DPXYC2M26</lei>
        <title>MR Cooper Group, Inc. </title>
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        <name>Webster Financial Corp.</name>
        <lei>KMRURHT0VWKYS6Z5KU67</lei>
        <title>Webster Financial Corporation </title>
        <cusip>947890109</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sanmina Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BankUnited Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>State Street Institutional Investment Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Wesco International, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Civitas Resources Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Polaris Incorporation</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Diamond Hill Funds</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Proassurance Corp</name>
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        <name>Alaska Air Group Incorporation</name>
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        <fairValLevel>1</fairValLevel>
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        <name>UDR Inc</name>
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        <name>Rayonier Inc</name>
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        <name>Renaissancere Holdings Ltd.</name>
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        <name>Energy Recovery Inc.</name>
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        <name>Loews Corporation</name>
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        <title>Loews Corporation </title>
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        <name>CubeSmart L.P.</name>
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        <name>Liberty Media Corp Del</name>
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        <title>Liberty Media Corporation - Liberty Formula One Series C</title>
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        <name>Wolverine World Wide, Inc.</name>
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        <name>ESAB Corp.</name>
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        <title>ESAB Corporation </title>
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        <name>Boston Scientific Corporation</name>
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        <title>Boston Scientific Corporation </title>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-08-29</ncom:dateSigned>
      <ncom:nameOfApplicant>Diamond Hill Funds</ncom:nameOfApplicant>
      <ncom:signature>Julie Roach</ncom:signature>
      <ncom:signerName>Julie Roach</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
