UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2011
Check here if Amendment [ ]; Amendment Number:
---------
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: The Dow Chemical Company
Address: 2030 Dow Center
Midland, MI 48764
Form 13F File Number: 28-__________
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Ronald C. Edmonds
Title: Vice President & Controller
Phone: 989-636-5018
Signature, Place, and Date of Signing:
/s/ Ronald C. Edmonds Midland, MI February 14, 2012
--------------------------- ------------------------ ----------------------
[Signature] [City, State] [Date]
Report Type (Check one only):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 68
Form 13F Information Table Value Total: $1,040,757
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
Form 13F
No. File Number Name
01 28-07248 Diamond Capital Management Inc.
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
----------------------- ----------- ------------ ----------- ------------ ----- ----- ------------ ---------- -------- ------ ------
SPDR S&P 500 ETF TR TR UNIT 78462F103 368,089 2,932,981 SH Defined 1 2,932,981
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MSCI
ISHARES TR EMERG MKT 464287234 244,956 6,456,418 SH Defined 1 6,456,418
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S&P
ISHARES TR 500 INDEX 464287200 59,001 468,412 SH Defined 1 468,412
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SBI
SELECT SECTOR SPDR TR INT-UTILS 81369Y886 38,773 1,077,613 SH Defined 1 1,077,613
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SPDR DOW JONES INDL
AVRG ETF UT SER 1 78467X109 28,696 235,500 SH Defined 1 235,500
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SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 26,546 2,042,003 SH Defined 1 2,042,003
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VANGUARD INTL EQUITY MSCI
INDEX F EMR MKT ETF 922042858 24,876 651,022 SH Defined 1 651,022
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LARGE
VANGUARD INDEX FDS CAP ETF 922908637 24,643 430,000 SH Defined 1 430,000
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SBI
SELECT SECTOR SPDR TR INT-INDS 81369Y704 22,549 668,107 SH Defined 1 668,107
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SBI
SELECT SECTOR SPDR TR CONS STPLS 81369Y308 16,176 497,876 SH Defined 1 497,876
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PROCTER & GAMBLE CO COM 742718109 11,201 167,900 SH Defined 1 167,900
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CISCO SYS INC COM 17275R102 9,116 504,200 SH Defined 1 504,200
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Microsoft Corp COM 594918104 8,357 321,900 SH Defined 1 321,900
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Akamai Technologies Inc COM 00971T101 7,395 229,090 SH Defined 1 229,090
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Juniper Networks Inc COM 48203R104 6,960 341,000 SH Defined 1 341,000
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McDonald's Corp COM 580135101 6,521 65,000 SH Defined 1 65,000
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SBI
SELECT SECTOR SPDR TR INT-ENERGY 81369Y506 6,427 92,963 SH Defined 1 92,963
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NVIDIA Corp COM 67066G104 6,348 458,000 SH Defined 1 458,000
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AT&T Inc COM 00206R102 6,048 200,000 SH Defined 1 200,000
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Marvell Technology
Group Ltd ORD G5876H105 5,781 417,400 SH Defined 1 417,400
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Symantec Corp COM 871503108 5,528 353,200 SH Defined 1 353,200
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GENERAL MTRS CO COM 37045V100 5,513 272,000 SH Defined 1 272,000
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Kraft Foods Inc CL A 50075N104 5,230 140,000 SH Defined 1 140,000
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UNITED STATES STL CORP
NEW COM 912909108 5,198 196,431 SH Defined 1 196,431
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MERCK & CO INC NEW COM 58933Y105 4,920 130,500 SH Defined 1 130,500
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PETROLEO BRASILEIRO SA SPONSORED
PETRO ADR 71654V408 4,597 185,000 SH Defined 1 185,000
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Nabors Industries Ltd SHS G6359F103 4,543 262,000 SH Defined 1 262,000
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Boston Scientific Corp COM 101137107 4,539 850,000 SH Defined 1 850,000
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NETAPP INC COM 64110D104 4,421 121,900 SH Defined 1 121,900
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SBI
SELECT SECTOR SPDR TR CONS DISCR 81369Y407 4,324 110,827 SH Defined 1 110,827
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Amgen Inc COM 031162100 4,321 67,300 SH Defined 1 67,300
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Broadcom Corp CL A 111320107 3,964 135,000 SH Defined 1 135,000
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SPONSORED
NOKIA CORP ADR 654902204 3,789 786,200 SH Defined 1 786,200
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FREEPORT-MCMORAN
COPPER & GO COM 35671D857 3,679 100,000 SH Defined 1 100,000
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Abbott Labs COM 002824100 3,458 61,500 SH Defined 1 61,500
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SPONSORED
Ensco PLC ADR 29358Q109 3,378 72,000 SH Defined 1 72,000
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MOSAIC CO NEW COM 61945C103 2,774 55,000 SH Defined 1 55,000
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Medtronic Inc COM 585055106 2,660 69,530 SH Defined 1 69,530
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FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
----------------------- ----------- ------------ ----------- ------------ ----- ----- ------------ ---------- -------- ------ ------
Halliburton Co COM 406216101 2,588 75,000 SH Defined 1 75,000
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JPMorgan Chase & Co COM 46625H100 2,494 75,000 SH Defined 1 75,000
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Baxter International
Inc COM 071813109 2,474 50,000 SH Defined 1 50,000
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MOTOROLA SOLUTIONS INC COM NEW 620076307 2,381 51,428 SH Defined 1 51,428
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MARATHON PETE CORP COM 56585A102 2,330 70,000 SH Defined 1 70,000
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HARTFORD FINL SVCS
GROUP INC COM 416515104 2,113 130,000 SH Defined 1 130,000
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BANK OF AMERICA
CORPORATION COM 060505104 1,960 352,500 SH Defined 1 352,500
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PEPSICO INC COM 713448108 1,858 28,000 SH Defined 1 28,000
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ALLEGHENY TECHNOLOGIES
INC COM 01741R102 1,606 33,600 SH Defined 1 33,600
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Citigroup Inc COM NEW 172967424 1,579 60,000 SH Defined 1 60,000
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Entropic Communications
Inc COM 29384R105 1,566 306,444 SH Defined 1 306,444
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Acme Packet Inc COM 004764106 1,546 50,000 SH Defined 1 50,000
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Gilead Sciences Inc COM 375558103 1,375 33,600 SH Defined 1 33,600
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AES Corp COM 00130H105 1,362 115,000 SH Defined 1 115,000
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Arch Coal Inc COM 039380100 1,016 70,000 SH Defined 1 70,000
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Corning Inc COM 219350105 961 74,000 SH Defined 1 74,000
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SBI
SELECT SECTOR SPDR TR HEALTHCARE 81369Y209 930 26,821 SH Defined 1 26,821
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SBI
SELECT SECTOR SPDR TR MATERIALS 81369Y100 670 20,000 SH Defined 1 20,000
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PSHS
PROSHARES TR ULT S&P 500 74347R107 510 11,000 SH Defined 1 11,000
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CME GROUP INC COM 12572Q105 487 2,000 SH Defined 1 2,000
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NEUROGESX INC COM 641252101 390 459,032 SH Defined 1 459,032
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Insulet Corp COM 45784P101 384 20,375 SH Defined 1 20,375
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SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 206 8,082 SH Defined 1 8,082
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Amicus Therapeutics Inc COM 03152W109 76 22,162 SH Defined 1 22,162
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Alexza Pharmaceuticals
Inc COM 015384100 57 69,246 SH Defined 1 69,246
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Broadcom Corp CL A 111320107 56 300 SH Call Defined 1 300
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MOSAIC CO NEW COM 61945C103 2,017 40,000 SH Call Defined 1 40,000
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Cyclacel
Pharmaceuticals Inc COM 23254L108 19 32,015 SH Defined 1 32,015
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Adolor Corporation COM 00724X102 172 36,521 SH Sole 36,521
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Tesla Motors Inc COM 88160R101 281 8,850 SH Sole 8,850
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