Investment Portfolio

9 Months Ended

Sep. 30, 2016

Investments, Debt and Equity Securities [Abstract]

As of September 30, 2016, the Company held investments (excluding third party money market funds which are included with cash and cash equivalents) worth $87.0 million. The following table summarizes the fair value of these investments as of September 30, 2016:



	As of
	September 30, 2016
Trading investments:
Securities held in Consolidated Funds^(a)	$	45,704,913
Seed capital investments	20,224
Seed capital equity method investments	27,952,788
Deferred compensation investments	13,369,919
Total Investment portfolio	$	87,047,844

(a) Of the securities held in the Consolidated Funds as of September 30, 2016, $41.6 million were held directly by the Company and $4.1 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 September 30, 2016, trading investments and equity method investments held in deferred compensation investments were $8.9 million and $4.5 million, respectively.

The Company's equity method investments consist of 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 September 30, 2016:



	As of
	September 30, 2016
Total assets	$	134,675,293
Total liabilities	15,914,316
Net assets	118,760,977
DHCM's portion of net assets	32,444,008

	For the Nine Months Ended
	September 30, 2016
Net income	$	7,920,249
DHCM's portion of net income	2,715,921

- Definition

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

+ References + Details