Diamond Hill Capital, an investment management company, released its "Small-Mid Cap Strategy" third-quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, the strategy returned -3.38% net of fees compared to a -2.82% return for the Russell 2500 Index. Portfolio's consumer staples holdings and financials exposure contributed positively to the strategy's performance in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.