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Investments
 6 Months Ended
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Investments Investments
The following table summarizes the carrying value of the Company’s investments as of June 30, 2024 and December 31, 2023:
As of
June 30, 2024December 31, 2023
Fair value investments:
Company sponsored investments$63,294,083 $63,208,573 
Company sponsored equity method investments90,702,962 84,530,289 
Total Investments$153,997,045 $147,738,862 


The components of net investment income (loss) are as follows:

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Realized gains (losses)$631,300 $(12,598)$1,010,255 $806,537 
Change in unrealized(2,089,643)4,843,046 5,959,069 10,651,217 
Dividends822,397 1,530,260 1,775,613 3,039,548 
Other
(18,645)(84,000)(33,850)(137,856)
Investment (loss) income, net$(654,591)$6,276,708 $8,711,087 $14,359,446 
Company-Sponsored Equity Method Investments
As of June 30, 2024, the Company’s equity method investments consisted of DHMF, the Diamond Hill International Fund, and the Diamond Hill Large Cap Concentrated Fund. The Company’s ownership percentage in these investments was 84%, 43%, and 45%, respectively. The Company’s ownership in DHMF, the Diamond Hill International Fund, and the Diamond Hill Large Cap Concentrated Fund includes $7.7 million of investments held in the Deferred Compensation Plans (as defined in Note 6).
The following table includes the condensed summary financial information from the Company’s equity method investments as of, and for the three-month and six-month periods ended, June 30, 2024:
As of
June 30, 2024
Total assets$195,843,131 
Total liabilities8,241,975 
Net assets187,601,156 
DHCM’s portion of net assets$90,702,962 
For the Three Months EndedFor the Six Months Ended
June 30, 2024June 30, 2024
Investment income$1,441,947 $2,576,888 
Expenses434,129 820,622 
Net realized gains 1,038,400 3,192,465 
Change in unrealized (2,764,350)6,924,246 
Net (loss) income
(718,132)11,872,977 
DHCM’s portion of net (loss) income
$(374,341)$5,900,279 
The Company’s investments at June 30, 2024 include its interest in DHMF, an unconsolidated VIE, as the Company is not deemed the primary beneficiary. The Company’s maximum risk of loss related to its involvement with DHMF is limited to the carrying value of its investment, which was $19.3 million as of June 30, 2024.