UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                             _______________________

                                    FORM 8-K

                                 CURRENT REPORT
                             _______________________

                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                Date of Report (Date of earliest event reported):

                               March 1, 2012

                       Diamond Hill Investment Group, Inc.
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             (Exact Name of Registrant as Specified in its Charter)

                                      Ohio
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                 (State or Other Jurisdiction of Incorporation)

             000-24498                              65-0190407
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      (Commission File Number)         (I.R.S. Employer Identification No.)

      325 John H. McConnell Blvd, Suite 200, Columbus, Ohio         43215
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      (Address of Principal Executive Offices)                    (Zip Code)

Registrant's Telephone Number, Including Area Code:   (614) 255-3333

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          (Former Name or Former Address, if Changed Since Last Report)



Item 5.02    Departure of Directors or Certain Officers; Election of
	     Directors; Appointment of Certain Officers; Compensatory
             Arrangements of Certain Officers.Other Events
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On February 24, 2012 Director Lawrence Baumgartner notified the Board of
Directors of Diamond Hill Investment Group, Inc. (the "Company") that he will
not stand for re-election to the Board when his term expires at the Company's
2012 Annual Meeting of Shareholders, scheduled for April 25, 2012.
Mr. Baumgartner is a member of the Audit Committee, Chairman of the Nomination
and Governance Committee and has been a director since 2008. Mr. Baumgartner's
decision not to stand for reelection was not because of any disagreement with
the Company on any matter relating to the Company's operations, policies or
practices.


                                    SIGNATURE
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     Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the registrant  has duly  caused  this  report  to be  signed  on its  behalf
by the undersigned hereunto duly authorized.


                                        DIAMOND HILL INVESTMENT GROUP, INC.


Date: March 1, 2012	                    By: /s/ James F. Laird
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                                            James F. Laird, Chief Financial
                                            Officer and Secretar