Labcorp Shares Underperform as Diamond Hill Flags Investor Caution in Latest Fund Letter
Diamond Hill Capital's Large Cap Fund underperformed the broader value index in Q4 2025, citing a cautious stance on AI-fueled rallies. The fund identified laboratory services giant Labcorp (LH) as a key detractor, despite solid long-term share gains, highlighting a shift in investor sentiment towards more fundamentally stable businesses.