0001217541-12-000002.txt : 20120119 0001217541-12-000002.hdr.sgml : 20120119 20120119133550 ACCESSION NUMBER: 0001217541-12-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120119 DATE AS OF CHANGE: 20120119 EFFECTIVENESS DATE: 20120119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIAMOND HILL CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0001217541 IRS NUMBER: 311019984 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10648 FILM NUMBER: 12534269 BUSINESS ADDRESS: STREET 1: 325 JOHN H. MCCONNELL BLVD. STREET 2: SUITE 200 CITY: COLUMBUS STATE: OH ZIP: 43215 BUSINESS PHONE: 614-255-3333 MAIL ADDRESS: STREET 1: 325 JOHN H. MCCONNELL BLVD. STREET 2: SUITE 200 CITY: COLUMBUS STATE: OH ZIP: 43215 13F-HR 1 r13f-dec11.txt DHCM 13F FILING FOR DECEMBER 31, 2011 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2011 Check here if Amendment [ ]; Amendment Number: ------- This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Diamond Hill Capital Management, Inc. ----------------------------------------------------- Address: 325 John H. McConnell Blvd. Suite 200 Columbus, OH 43215 ----------------------------------------------------- Form 13F File Number: 28-10648 -------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: /s/ James F. Laird ------------------------- Title: Chief Compliance Officer ------------------------ Phone: 614-255-3353 ------------------------- Signature, Place, and Date of Signing: /s/ James F. Laird Columbus, OH 01/19/12 - ---------------- --------------- --------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] 13F File Number Name 28-____________ ________________________________________ [Repeat as necessary.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 -------------- Form 13F Information Table Entry Total: 146 -------------- Form 13F Information Table Value Total: $ 7,999,946 -------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M Co. 88579Y101 131263 1606062 SH Sole 1586008 20054 AAR Corporation 000361105 8988 468848 SH Sole 466708 2140 Aaron's Inc. 002535300 16233 608418 SH Sole 605493 2925 Abbott Laboratories 002824100 211385 3759293 SH Sole 3715025 44268 ACE Ltd. H0023R105 802 11433 SH Sole 11433 Air Products & Chemicals Inc. 009158106 145162 1703975 SH Sole 1682844 21131 Alaska Air Group Inc. 011659109 1231 16390 SH Sole 16390 Alere Inc 01449J105 4934 213665 SH Sole 213665 Alleghany Corp. 017175100 18615 65248 SH Sole 60066 5182 Allegiant Travel Co. 01748X102 17464 327404 SH Sole 326294 1110 American Express Co. 025816109 92594 1962988 SH Sole 1944983 18005 Amgen Inc. 031162100 92689 1443523 SH Sole 1426968 16555 Anadarko Petroleum Corp. 032511107 254149 3329605 SH Sole 3291610 37995 Apache Corp. 037411105 148088 1634890 SH Sole 1613438 21452 Apogee Enterprises Inc. 037598109 8677 707760 SH Sole 650900 56860 Apple Inc. 037833100 2826 6977 SH Sole 6977 Arch Capital Group Ltd. G0450A105 17313 465033 SH Sole 459830 5203 Assurant Inc. 04621X108 79332 1932091 SH Sole 1855375 76716 Assured Guaranty Ltd. G0585R106 100417 7642059 SH Sole 7323011 319048 B & G Foods Inc. 05508R106 15975 663680 SH Sole 619590 44090 Bank of America Corp. 060505104 274 49207 SH Sole 49207 Bank of New York Mellon Corp. 064058100 1150 57748 SH Sole 57748 Baxter International Inc. 071813109 103878 2099397 SH Sole 2093205 6192 BB&T Corp. 054937107 408 16219 SH Sole 16219 Berry Petroleum Co. (Cl A) 085789105 29343 698315 SH Sole 667940 30375 Brink's Co. 109696104 17852 664152 SH Sole 622777 41375 Broadridge Financial Solutions 11133T103 13930 617743 SH Sole 516853 100890 Callaway Golf Co. 131193104 7239 1309032 SH Sole 1177012 132020 Carrizo Oil & Gas Inc. 144577103 5796 219960 SH Sole 218720 1240 Carter's, Inc. 146229109 9948 249879 SH Sole 224259 25620 Chubb Corp. 171232101 120116 1735276 SH Sole 1711611 23665 Cimarex Energy Co. 171798101 56257 908844 SH Sole 859505 49339 Cisco Systems Inc. 17275R102 132757 7342728 SH Sole 7259060 83668 City National Corp 178566105 5997 135745 SH Sole 135200 545 Cleco Corp. 12561W105 16655 437152 SH Sole 414607 22545 CME Group Inc. Cl A 12572Q105 1002 4111 SH Sole 4111 ConAgra Foods Inc. 205887102 165448 6266963 SH Sole 6060558 206405 CoreLogic Inc. 21871D103 14357 1110359 SH Sole 1004884 105475 Corrections Corp. of America 22025Y407 15881 779616 SH Sole 713451 66165 CSG Systems International Inc. 126349109 12486 848831 SH Sole 779333 69498 Denbury Resources Inc. 247916208 21099 1397287 SH Sole 1261297 135990 Devon Energy Corp. 25179M103 219195 3535406 SH Sole 3492387 43019 Diamond Foods, Inc. 252603105 6519 202015 SH Sole 201335 680 Discover Financial Services 254709108 228 9485 SH Sole 9485 Dover Corp. 260003108 152266 2623018 SH Sole 2549080 73938 Energen Corp. 29265N108 3547 70945 SH Sole 48570 22375 Energizer Holdings Inc. 29266R108 48701 628556 SH Sole 592156 36400 EOG Resources Inc. 26875P101 164836 1673288 SH Sole 1654728 18560 Exterran Holdings Inc. 30225X103 5278 580002 SH Sole 514222 65780 Exxon Mobil Corp. 30231G102 148239 1748925 SH Sole 1729385 19540 First American Financial Corp. 31847R102 2091 165001 SH Sole 164421 580 First California Financial Gro 319395109 361 110696 SH Sole 110696 First Financial Holdings Inc. 320239106 895 100267 SH Sole 100267 First Niagara Financial Group 33582V108 9976 1156015 SH Sole 1002325 153690 First of Long Island Corp. 320734106 1626 61789 SH Sole 33301 28488 First Republic Bank/San Fran 33616C100 2610 85270 SH Sole 85270 Flowers Foods Inc. 343498101 26191 1379915 SH Sole 1284863 95052 Fluor Corp. 343412102 58460 1163388 SH Sole 1137793 25595 Forest Laboratories Inc. 345838106 9317 307911 SH Sole 214101 93810 Forest Oil Corp. 346091705 4580 338024 SH Sole 317539 20485 General Mills Inc. 370334104 143270 3545408 SH Sole 3504469 40939 Global Sources Ltd. G39300101 5870 1210295 SH Sole 1151579 58716 Greatbatch Inc 39153L106 12906 583961 SH Sole 543541 40420 Hanesbrands Inc. 410345102 17131 783656 SH Sole 739998 43658 Hartford Financial Services Gr 416515104 11582 712754 SH Sole 632504 80250 HCC Insurance Holdings Inc. 404132102 11743 427015 SH Sole 376830 50185 Hillenbrand Inc. 431571108 22820 1022416 SH Sole 959726 62690 Horace Mann Educators Corp. 440327104 13198 962645 SH Sole 902485 60160 Hub Group Inc. (Cl A) 443320106 15089 465269 SH Sole 435724 29545 Huntington Bancshares Inc. 446150104 13201 2404549 SH Sole 2210833 193716 Illinois Tool Works Inc. 452308109 123226 2638113 SH Sole 2604363 33750 International Business Machine 459200101 158034 859441 SH Sole 850427 9014 Ishares Russell 1000 Value 464287598 12156 191497 SH Sole 191497 iStar Financial Inc. 45031U101 27201 5141989 SH Sole 4970254 171735 Jarden Corp 471109108 2563 85779 SH Sole 85779 Johnson & Johnson 478160104 146435 2232921 SH Sole 2216232 16689 JPMorgan Chase & Co. 46625H100 98970 2976536 SH Sole 2937271 39265 Juniper Networks Inc. 48203R104 75188 3683867 SH Sole 3591077 92790 K-Swiss Inc. (Cl A) 482686102 3410 1167957 SH Sole 1062632 105325 Kaydon Corp. 486587108 4625 151650 SH Sole 150690 960 Kennametal Inc. 489170100 39387 1078500 SH Sole 1050625 27875 Kimberly-Clark Corp. 494368103 64696 879494 SH Sole 863874 15620 KLA-Tencor Corp. 482480100 2035 42185 SH Sole 30295 11890 Leggett & Platt Inc. 524660107 3531 153252 SH Sole 106962 46290 Life Technologies Corp. 53217V109 6314 162266 SH Sole 137311 24955 Lifepoint Hospitals Inc. 53219L109 22753 612463 SH Sole 578058 34405 Linear Technology Corp. 535678106 50559 1683616 SH Sole 1611131 72485 Liquidity Services Inc. 53635B107 2649 71787 SH Sole 64772 7015 Live Nation Entertainment Inc. 538034109 7503 902940 SH Sole 899800 3140 Lone Pine Resources Inc. 54222A106 1453 207337 SH Sole 194791 12546 Marsh & McLennan Cos. 571748102 76984 2434659 SH Sole 2400294 34365 Mattel Inc. 577081102 101706 3663760 SH Sole 3583260 80500 McDonald's Corp. 580135101 150638 1501429 SH Sole 1484338 17091 Medtronic Inc. 585055106 208855 5460270 SH Sole 5391355 68915 Merck & Co Inc 58933Y105 175330 4650651 SH Sole 4640646 10005 Microsoft Corp. 594918104 165512 6375652 SH Sole 6290195 85457 Mid-America Apartment Communit 59522J103 9655 154362 SH Sole 153452 910 Molson Coors Brewing Co. Cl B 60871R209 5364 123198 SH Sole 83773 39425 Morgan Stanley 617446448 6606 436623 SH Sole 436623 Myriad Genetics Inc. 62855J104 29843 1425153 SH Sole 1369268 55885 NACCO Industries, Inc. Class A 629579103 11064 124012 SH Sole 123577 435 National Penn Bancshares Inc. 637138108 9967 1180913 SH Sole 1070638 110275 Natus Medical Inc 639050103 123 13000 SH Sole 13000 Nike Inc. Cl B 654106103 93395 969133 SH Sole 958018 11115 Noble Energy Inc. 655044105 12099 128179 SH Sole 88543 39636 Occidental Petroleum Corp. 674599105 280984 2998765 SH Sole 2965413 33352 Old Republic International Cor 680223104 22932 2473745 SH Sole 2466620 7125 Parker Hannifin Corp. 701094104 134752 1767237 SH Sole 1739624 27613 PepsiCo Inc. 713448108 199660 3009197 SH Sole 2973282 35915 Pfizer Inc. 717081103 206982 9564773 SH Sole 9545480 19293 PNC Financial Services Group I 693475105 167629 2906686 SH Sole 2887370 19316 Popular Inc. 733174106 11751 8454216 SH Sole 7945131 509085 PPG Industries Inc. 693506107 66816 800282 SH Sole 791052 9230 Procter & Gamble Co. 742718109 202940 3042128 SH Sole 3003799 38329 Prudential Financial Inc. 744320102 147317 2939282 SH Sole 2903549 35733 Quest Diagnostics Inc. 74834L100 116659 2009288 SH Sole 1930948 78340 Ralcorp Holdings Inc. 751028101 9015 105443 SH Sole 92663 12780 Redwood Trust Inc. 758075402 7000 687626 SH Sole 644066 43560 Ruddick Corp. 781258108 12442 291797 SH Sole 269652 22145 Saia Inc. 78709Y105 11669 935052 SH Sole 872717 62335 Selective Insurance Group 816300107 11655 657361 SH Sole 655496 1865 Snyders-Lance Inc. 833551104 2341 104030 SH Sole 103660 370 Southwest Airlines Co. 844741108 25794 3013366 SH Sole 2780073 233293 Southwestern Energy Co. 845467109 12066 377780 SH Sole 363413 14367 Steiner Leisure Ltd. P8744Y102 32261 710754 SH Sole 683079 27675 Steris Corp. 859152100 2213 74215 SH Sole 73960 255 Sterling Bancorp 859158107 5970 690957 SH Sole 688052 2905 SunTrust Banks Inc. 867914103 2941 166182 SH Sole 130672 35510 Sysco Corp. 871829107 138457 4720665 SH Sole 4657215 63450 Tenneco Inc. 880349105 18404 617985 SH Sole 616270 1715 Teva Pharmaceutical - SP ADR 881624209 4980 123380 SH Sole 123380 Toro Co. 891092108 14203 234138 SH Sole 220053 14085 Travelers Cos. Inc. 89417E109 176356 2980497 SH Sole 2944155 36342 Trinity Industries Inc. 896522109 13618 453030 SH Sole 450925 2105 U.S. Bancorp 902973304 141977 5248678 SH Sole 5182044 66634 UGI Corp. 902681105 17352 590195 SH Sole 537475 52720 United Fire & Casualty Co. 910331107 5476 271339 SH Sole 269924 1415 United Technologies Corp. 913017109 221621 3032160 SH Sole 3026010 6150 UnitedHealth Group Inc. 91324P102 146357 2887859 SH Sole 2850775 37084 Walt Disney Co. 254687106 57901 1544020 SH Sole 1526955 17065 Wells Fargo & Co. 949746101 138565 5027746 SH Sole 4964578 63168 White Mountains Insurance Grou G9618E107 11088 24453 SH Sole 22658 1795 Whiting Petroleum Corp. 966387102 24315 520784 SH Sole 495524 25260 Winthrop Realty Trust 976391300 5461 536927 SH Sole 534792 2135 XL Group PLC G98290102 7335 371005 SH Sole 306685 64320 Hartford Capital 7.25% Pfd 416515708 1129 60135 SH Sole 60135