The 1949 Titleholders Championship was contested from March 17–20 at Augusta Country Club. It was the 10th edition of the Titleholders Championship.

This event was won by Peggy Kirk.

Final leaderboard

PlacePlayerScoreTo par
1United States Peggy Kirk (a)76-75-76-72=299−1
T2United States Patty Berg77-77-75-72=301+1
United States Dorothy Kirby (a)76-75-74-76=301
4United States Babe Zaharias73-81-77-73=304+4
5United States Dot Kielty (a)73-79-77-77=306+6
6United States Louise Suggs80-72-78-78=308+8
7United States Estelle Lawson Page (a)79-77-79-76=311+11
8United States Marjorie Lindsay (a)74-81-78-80=313+13
T9United States Betty Bush (a)87-77-75-80=319+19
United States Helen Sigel (a)77-86-74-82=319


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