Investment Portfolio

6 Months Ended

Jun. 30, 2016

Investments, Debt and Equity Securities [Abstract]

As of June 30, 2016, the Company held investments (excluding third party money market funds which are included with cash and cash equivalents) worth $58.0 million. The following table summarizes the fair value of these investments as of June 30, 2016:



	As of
	June 30, 2016
Trading investments:
Equity securities held in consolidated ETF^(a)	$	17,793,918
Seed capital investments	883,419
Equity method investments	26,752,420
Deferred compensation investments	12,552,132
Total Investment portfolio	$	57,981,889

(a) Of the equity interests in consolidated ETF as of June 30, 2016, $12.1 million were held directly by the Company and $5.7 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 June 30, 2016, trading investments and equity method investments held in deferred compensation investments were $8.3 million and $4.3 million, respectively.

The 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 June 30, 2016:



	As of
	June 30, 2016
Total assets	$	127,728,288
Total liabilities	16,434,374
Net assets	111,293,914
DHCM's portion of net assets	31,008,157

	For the Six Months Ended
	June 30, 2016
Net income	1,683,908
DHCM's portion of net income	1,030,069

- Definition

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

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