Investment Portfolio

3 Months Ended

Mar. 31, 2016

Investments, Debt and Equity Securities [Abstract]

As of March 31, 2016, the Company held investments (excluding third party money market funds which are included with cash and cash equivalents) worth $56.2 million. The following table summarizes the fair value of these investments as of March 31, 2016:



	As of
	March 31, 2016
Trading investments:
Equity securities held in consolidated ETF^(a)	$	16,394,754
Seed capital investments	9,428,651
Equity method investments	17,846,201
Deferred compensation investments	12,520,233
Total Investment portfolio	$	56,189,839

(a) Of the equity interests in consolidated ETF as of March 31, 2016, $12.1 million were held directly by the Company and $4.3 million were held by noncontrolling shareholders.

The deferred compensation investments above consist of Diamond Hill Funds and relate to deferred compensation liabilities from both deferred compensation plans (refer to Note 5). As of March 31, 2016, trading investments and equity method investments held in deferred compensation investments were $10.8 million and $1.7 million, respectively.

The underlying assets of the company's equity method investments are cash, marketable equity securities and fixed income securities. The following table includes summary financial information from the Company's equity method investments as of and for the period ended March 31, 2016:



	As of
	March 31, 2016
Total assets	$	51,463,911
Total liabilities	2,819,908
Net assets	48,644,003
DHCM's portion of net assets	19,524,277

	For the Three Months Ended
	March 31, 2016
Net income	1,302,108
DHCM's portion of net income	646,565

- Definition

The entire disclosure for investments in certain debt and equity securities.

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