Dow Chemical Portfolio Concentration Analysis: June 30, 2026

As of June 30, 2026, the investment profile of Dow Chemical Co's portfolio shows notable concentration in specific assets.

The largest position by far is its stake in SPDR S&P 500 ETF TR (SPY), a broad-market exchange-traded fund. SPY accounts for approximately 60% of the total portfolio value, valued at $136.9 million and representing 59.94% allocation. This significant exposure to a market ETF is evident.

The second major holding is Vanguard Scottsdale Fund (VCLT), with a current stock value of $19.9 million ($19,882,630) making up about 8.7% of the portfolio. VCLT is also an ETF, specifically focused on fund distributions. The data shows a decrease in shares for both SPY and VCLT compared to the previous period.

The third holding listed by weight is C3 AI Inc (AI), which falls under the Technology sector. AI has a much smaller allocation, contributing only $2.0 million or 0.88% to the portfolio value. There was no change in shares for this position.

When looking at sector allocations, Dow Chemical's portfolio appears heavily concentrated outside of traditional sectors. The vast majority (98.73%) is categorized as 'Unknown', primarily driven by the large holdings in SPY and VCLT. This leaves only a very small portion allocated to Technology via AI.

Overall, the portfolio demonstrates significant concentration in two major ETFs: SPY and VCLT. These assets dominate the allocation landscape, with their combined value representing nearly all of the portfolio's holdings ($156.8 million). The position in AI is minor but noteworthy as a Technology exposure.