1y return+16.4%S&P 500 +20.9%
3y return+45.0%S&P 500 +68.5%
5y return+18.6%S&P 500 +74.5%
10y return+66.8%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $167 against $357 in the S&P 500.2
Dow Chemical Co /de/S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SPYSpdr S&p 500 Etf Tr | $136.9M | 59.9% | −42.4% |
| XEX-energy Inc | $69.6M | 30.5% | New |
| VCLTVanguard Scottsdale Fds | $19.9M | 8.7% | −21.3% |
| AIC3 Ai Inc | $2.0M | 0.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| SPYSpdr S&p 500 Etf Tr | June 30, 2023 | +68.5% | $136.9M |
| VCLTVanguard Scottsdale Fds | June 30, 2024 | −0.8% | $19.9M |
Sold off last quarter
- IEFIshares Tr was $3.8M
- SPABSpdr Series Trust was $769K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +13.0% | +14.8% |
| March 31, 2026 | −4.6% | −4.6% |
| December 31, 2025 | +1.5% | +2.4% |
| September 30, 2025 | +6.5% | +7.8% |
| June 30, 2025 | +10.2% | +10.5% |
| March 31, 2025 | −4.8% | −4.6% |
| December 31, 2024 | +2.3% | +2.1% |
| September 30, 2024 | +5.1% | +5.4% |
| June 30, 2024 | +0.5% | +4.0% |
| March 31, 2024 | +6.7% | +10.0% |
| December 31, 2023 | +8.9% | +11.2% |
| September 30, 2023 | −5.4% | −3.6% |
| June 30, 2023 | +1.6% | +8.3% |
| March 31, 2023 | −1.0% | +7.0% |
| December 31, 2022 | +11.7% | +7.1% |
| September 30, 2022 | −8.5% | −5.3% |
| June 30, 2022 | −11.1% | −16.5% |
| March 31, 2022 | −8.0% | −4.9% |
| December 31, 2021 | −0.2% | +10.7% |
| September 30, 2021 | −2.6% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Dow Chemical Co /de/ Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=29915&type=13F-HR&dateb=&owner=include&count=40CIK 29915
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/29915/000119312526352291/Filed August 14, 2026 · accession 0001193125-26-352291