Twin Disc INC

• DH Diamond Hill — Small Cap Fund Small Cap Fund Quarterly Snapshot ↗ Small Cap Fund added to resilient industrial and tangible-asset businesses as volatility widened the gap between near-term worries and long-term demand. The portfolio initiated Bank7, Twin Disc and Mayville Engineering, exited Utz Brands after its takeover approached intrinsic value, and sold BioLife Solutions following Regeneron’s acquisition announcement. 3Q26 MEC $410MMLAB $712MTWIN $367M +1

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