Lockheed Martin Investment Management Co.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Lockheed Martin Investment Management Co. reported 104 stock positions worth $2.2 billion. Its top holding was Apple (AAPL) at 9.9% of the portfolio, followed by Microsoft (MSFT, 8.2%) and Nvidia (NVDA, 5.9%). Compared with Q2 2024, it opened 16 new positions, sold out of 59, added to 33 and reduced 44. The biggest buy was JPMorgan Chase (JPM, shares +131%) and the biggest sale iShares Core MSCI Emerging (IEMG, shares −1%).

Most Recent 13F
Q2 2026
Location
BETHESDA, MD
CIK
0000897599
Portfolio Value
$2.2B (Q3 2024)
SEC Filing
0001420506-24-002491 ↗ filed Nov 14, 2024

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.4B Q1 2024 Q2 2024: $1.7B Q2 2024 Q3 2024: $2.2B $2.2B Q3 2024 Q4 2024: $2.5B Q4 2024 Q1 2025: $2.5B Q1 2025 Q2 2025: $2.7B Q2 2025 Q3 2025: $2.7B Q3 2025 Q4 2025: $3.0B Q4 2025 Q1 2026: $2.7B Q1 2026 Q2 2026: $2.5B Q2 2026

Holdings 104 stocks · $2.2B
AAPL Apple Inc. 9.86% 913,541 $212.9M Add +9.0%
MSFT Microsoft Corp. 8.22% 412,320 $177.4M Add +47.9%
NVDA Nvidia Corp. 5.91% 1,050,370 $127.6M Add +63.9%
IEMG iShares Core MSCI Emerging 5.18% 1,947,500 $111.8M Reduce -1.0%
IVOO Vanguard S&P Mid-Cap 400 ETF 4.40% 900,000 $95.1M No change
VOO Vanguard S&P 500 ETF 4.33% 177,300 $93.6M Add +2.9%
IEFA iShares Core MSCI Eafe ETF 3.66% 1,013,100 $79.1M No change
VEA Vanguard Ftse Developed ETF 3.06% 1,250,000 $66.0M No change
SPTL SS SPDR PF LNG TRM TSY E-Usd 2.81% 2,085,900 $60.6M Add +40.1%
XOM Exxon Mobil Corp. 2.81% 517,120 $60.6M Add +100.4%
JPM JPMorgan Chase & Co. 2.80% 286,400 $60.4M Add +130.6%
VGLT Vanguard Long-Term Treasury 2.44% 855,000 $52.6M Add +67.7%
BND Vanguard Total Bond Market 2.26% 650,000 $48.8M No change
GOOGL Alphabet Inc. Class A 2.00% 261,000 $43.3M Add +23.0%
DBC Invesco DB Commodity Index T 1.72% 1,664,600 $37.1M Reduce -11.3%
PDBC Invesco Optimum Yield Divers 1.69% 2,712,000 $36.4M Reduce -11.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.45% 787,100 $31.2M Add +82.8%
BRK.B Berkshire Hathaway Inc. Class B 1.36% 63,726 $29.3M Add +150.0%
AMZN Amazon.com Inc. 1.35% 156,400 $29.1M Reduce -7.7%
UNH Unitedhealth Group Inc. 1.28% 47,260 $27.6M Add +18.7%
CVX Chevron Corp. 1.23% 180,400 $26.6M Add +103.8%
VCLT Vanguard Long-Term Corp. Bond 1.14% 302,800 $24.6M New
SPLV Invesco S&P 500 Low Volatili 1.09% 329,200 $23.6M Add +27.1%
META Meta Platforms Inc. Class A 0.91% 34,170 $19.6M Add +1.2%
AVGO Broadcom Inc. 0.90% 113,056 $19.5M Add +64.8%
T AT&T Inc. 0.89% 877,800 $19.3M Add +74.0%
HD Home Depot Inc. 0.89% 47,210 $19.1M Add +8.6%
JNJ Johnson & Johnson 0.88% 117,700 $19.1M Add +143.7%
VZ Verizon Communications Inc. 0.84% 405,700 $18.2M Add +59.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.80% 30,000 $17.2M No change
TMO Thermo Fisher Scientific Inc. 0.79% 27,690 $17.1M Reduce -15.6%
DUK Duke Energy Corp. 0.75% 141,010 $16.3M Add +9.1%
WFC Wells Fargo & Co. 0.73% 277,900 $15.7M Add +214.0%
LLY Eli Lilly & Co. 0.69% 16,780 $14.9M Add +571.2%
CEG Constellation Energy 0.66% 54,799 $14.2M Add +90.3%
ABBV Abbvie Inc. 0.66% 71,690 $14.2M Add +37.5%
TSM Taiwan Semiconductor-SP ADR 0.65% 81,200 $14.1M Add +59.8%
PG The Procter & Gamble Co. 0.65% 80,870 $14.0M Add +6.4%
KO The Coca-Cola Co. 0.63% 188,335 $13.5M Reduce -2.9%
WMT Walmart Inc. 0.61% 162,630 $13.1M Reduce -2.9%
CB Chubb Ltd. 0.57% 42,360 $12.2M Reduce -21.4%
CME Cme Group Inc. 0.55% 54,020 $11.9M Add +27.9%
TXN Texas Instruments Inc. 0.55% 57,350 $11.8M Reduce -2.9%
UNP Union Pacific Corp. 0.54% 47,460 $11.7M Add +6.1%
DHR Danaher Corp. 0.51% 39,840 $11.1M Reduce -20.8%
SO The Southern Co. 0.50% 119,110 $10.7M Reduce -23.3%
RTX RTX Corp. 0.46% 81,130 $9.8M Reduce -23.5%
EWC iShares MSCI Canada ETF 0.45% 231,800 $9.6M No change
PEP Pepsico Inc. 0.44% 56,270 $9.6M Reduce -2.9%
MAR Marriott International Class A 0.43% 37,280 $9.3M Reduce -40.9%
PGR Progressive Corp. 0.42% 35,860 $9.1M New
VTWO Vanguard Russell 2000 ETF 0.41% 100,000 $8.9M No change
ADBE Adobe Inc. 0.41% 17,060 $8.8M Reduce -2.8%
HIG Hartford Insurance Group Inc. 0.40% 73,170 $8.6M Reduce -53.1%
CMG Chipotle Mexican Grill Inc. 0.40% 148,490 $8.6M New
ORCL Oracle Corp. 0.39% 49,970 $8.5M Reduce -3.0%
CRM Salesforce Inc. 0.38% 29,660 $8.1M Reduce -2.8%
NOC Northrop Grumman Corp. 0.34% 13,890 $7.3M New
ITW Illinois Tool Works 0.33% 27,470 $7.2M Add +13.6%
MA Mastercard Inc. Class A 0.31% 13,610 $6.7M Reduce -2.9%
V Visa Inc. Class A 0.31% 24,340 $6.7M Reduce -2.8%
AGG iShares Core U.S. Aggregate 0.30% 65,000 $6.6M New
USB US Bancorp 0.30% 140,600 $6.4M New
CSCO Cisco Systems Inc. 0.30% 120,330 $6.4M Reduce -2.7%
MO Altria Group Inc. 0.28% 119,800 $6.1M Add +165.0%
GOOG Alphabet Inc. Class C 0.26% 34,000 $5.7M New
AMT American Tower Corp. 0.26% 24,400 $5.7M Reduce -38.9%
CCI Crown Castle Inc. 0.23% 41,530 $4.9M Reduce -25.2%
BSX Boston Scientific Corp. 0.22% 55,960 $4.7M Reduce -54.3%
VRTX Vertex Pharmaceuticals Inc. 0.21% 9,950 $4.6M New
NFLX Netflix Inc. 0.21% 6,440 $4.6M Reduce -2.9%
CMCSA Comcast Corp. Class A 0.20% 104,820 $4.4M Reduce -3.1%
PSX Phillips 66 0.20% 32,600 $4.3M New
PLD Prologis Inc. 0.19% 33,120 $4.2M Reduce -46.0%
ISRG Intuitive Surgical Inc. 0.19% 8,470 $4.2M Reduce -37.4%
DLR Digital Realty Trust Inc. 0.15% 19,820 $3.2M Reduce -31.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.15% 14,500 $3.2M Add +705.6%
AMD Advanced Micro Devices 0.15% 19,290 $3.2M Reduce -2.8%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.14% 73,110 $3.1M Reduce -2.8%
C Citigroup Inc. 0.14% 48,400 $3.0M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.14% 31,050 $3.0M Reduce -2.8%
NEE Nextera Energy Inc. 0.13% 33,340 $2.8M Reduce -64.2%
LIN Linde PLC 0.13% 5,880 $2.8M New
SAP Sap SE-Sponsored ADR 0.11% 10,620 $2.4M Reduce -6.6%
NVO Novo-Nordisk A/S-Spons ADR 0.10% 18,750 $2.2M Reduce -38.3%
BHP BHP Group Ltd.-Spon ADR 0.10% 35,860 $2.2M Reduce -6.6%
SHEL Shell PLC-ADR 0.10% 33,330 $2.2M Reduce -6.6%
RIO Rio Tinto PLC-Spon ADR 0.10% 30,610 $2.2M Reduce -6.6%
RPV Invesco S&P 500 Pure Value E 0.10% 24,200 $2.2M No change
CAT Caterpillar Inc. 0.09% 5,200 $2.0M New
HAL Halliburton Co. 0.08% 60,060 $1.7M Reduce -2.9%
SMFG Sumitomo Mitsui-Spons ADR 0.07% 127,040 $1.6M Reduce -6.6%
MRK Merck & Co. Inc. 0.07% 13,800 $1.6M Add +97.1%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.07% 150,370 $1.5M Reduce -6.6%
RPG Invesco S&P 500 Pure Growth 0.07% 36,000 $1.4M No change
COP Conocophillips 0.06% 12,900 $1.4M New
IJR iShares Core S&P Small-Cap E 0.06% 11,600 $1.4M No change
IJH iShares Core S&P Midcap ETF 0.06% 20,250 $1.3M No change
LYG Lloyds Banking Group PLC-ADR 0.05% 314,680 $982K Reduce -43.3%
SAN Banco Santander SA-Spon ADR 0.04% 187,690 $957K Reduce -6.6%
ASML ASML Holding NV-NY Reg SHS 0.04% 1,080 $900K Reduce -50.0%
CVS CVS Health Corp. 0.03% 11,300 $711K New
TM Toyota Motor Corp. -Spon ADR 0.03% 3,640 $650K New
RBRK Rubrik Inc. Class A 0.02% 10,352 $333K New

Portfolio Sells Q2 2024 → Q3 2024
IEMG iShares Core MSCI Emerging Reduce -1.0% 5.18% −0.92
DBC Invesco DB Commodity Index T Reduce -11.3% 1.72% −0.81
PDBC Invesco Optimum Yield Divers Reduce -11.3% 1.69% −0.80
AMZN Amazon.com Inc. Reduce -7.7% 1.35% −0.55
HIG Hartford Insurance Group Inc. Reduce -53.1% 0.40% −0.51
MAR Marriott International Class A Reduce -40.9% 0.43% −0.45
PH Parker Hannifin Corp. Sold out 0.00% −0.33
BSX Boston Scientific Corp. Reduce -54.3% 0.22% −0.33
FITB Fifth Third Bancorp Sold out 0.00% −0.26
TMO Thermo Fisher Scientific Inc. Reduce -15.6% 0.79% −0.26
NEE Nextera Energy Inc. Reduce -64.2% 0.13% −0.25
CB Chubb Ltd. Reduce -21.4% 0.57% −0.23
DHR Danaher Corp. Reduce -20.8% 0.51% −0.21
PLD Prologis Inc. Reduce -46.0% 0.19% −0.21
SO The Southern Co. Reduce -23.3% 0.50% −0.20
AMT American Tower Corp. Reduce -38.9% 0.26% −0.19
VEEV Veeva Systems Inc. Class A Sold out 0.00% −0.17
RTX RTX Corp. Reduce -23.5% 0.46% −0.16
ISRG Intuitive Surgical Inc. Reduce -37.4% 0.19% −0.16
ADBE Adobe Inc. Reduce -2.8% 0.41% −0.16
NVO Novo-Nordisk A/S-Spons ADR Reduce -38.3% 0.10% −0.15
EQIX Equinix Inc. Sold out 0.00% −0.12
TXN Texas Instruments Inc. Reduce -2.9% 0.55% −0.12
TMUS T-Mobile US Inc. Sold out 0.00% −0.11
PEP Pepsico Inc. Reduce -2.9% 0.44% −0.11
DLR Digital Realty Trust Inc. Reduce -31.1% 0.15% −0.10
APD Air Products & Chemicals Inc. Sold out 0.00% −0.10
SPG Simon Property Group Inc. Sold out 0.00% −0.10
KO The Coca-Cola Co. Reduce -2.9% 0.63% −0.09
SRE Sempra Sold out 0.00% −0.09
WELL Welltower Inc. Sold out 0.00% −0.09
ASML ASML Holding NV-NY Reg SHS Reduce -50.0% 0.04% −0.09
CCI Crown Castle Inc. Reduce -25.2% 0.23% −0.09
AEP American Electric Power Sold out 0.00% −0.08
CRM Salesforce Inc. Reduce -2.8% 0.38% −0.08
PSA Public Storage Sold out 0.00% −0.08
D Dominion Energy Inc. Sold out 0.00% −0.07
V Visa Inc. Class A Reduce -2.8% 0.31% −0.07
PEG Public Service Enterprise GP Sold out 0.00% −0.07
SLB SLB Ltd. Reduce -2.8% 0.14% −0.06
EXC Exelon Corp. Sold out 0.00% −0.06
O Realty Income Corp. Sold out 0.00% −0.06
EXR Extra Space Storage Inc. Sold out 0.00% −0.05
VICI Vici Properties Inc. Sold out 0.00% −0.05
AVB Avalonbay Communities Inc. Sold out 0.00% −0.05
ED Consolidated Edison Inc. Sold out 0.00% −0.05
XEL Xcel Energy Inc. Sold out 0.00% −0.05
EIX Edison International Sold out 0.00% −0.05
PCG P G & E Corp. Sold out 0.00% −0.05
WMT Walmart Inc. Reduce -2.9% 0.61% −0.05

Portfolio Buys Q2 2024 → Q3 2024
JPM JPMorgan Chase & Co. Add +130.6% 2.80% +1.34
NVDA Nvidia Corp. Add +63.9% 5.91% +1.32
VCLT Vanguard Long-Term Corp. Bond New 1.14% +1.14
XOM Exxon Mobil Corp. Add +100.4% 2.81% +1.09
MSFT Microsoft Corp. Add +47.9% 8.22% +1.00
BRK.B Berkshire Hathaway Inc. Class B Add +150.0% 1.36% +0.76
VGLT Vanguard Long-Term Treasury Add +67.7% 2.44% +0.73
LLY Eli Lilly & Co. Add +571.2% 0.69% +0.56
JNJ Johnson & Johnson Add +143.7% 0.88% +0.47
SPTL SS SPDR PF LNG TRM TSY E-Usd Add +40.1% 2.81% +0.46
BAC Bank of America Corp. Add +82.8% 1.45% +0.45
CVX Chevron Corp. Add +103.8% 1.23% +0.43
WFC Wells Fargo & Co. Add +214.0% 0.73% +0.42
PGR Progressive Corp. New 0.42% +0.42
CMG Chipotle Mexican Grill Inc. New 0.40% +0.40
NOC Northrop Grumman Corp. New 0.34% +0.34
T AT&T Inc. Add +74.0% 0.89% +0.34
CEG Constellation Energy Add +90.3% 0.66% +0.33
AGG iShares Core U.S. Aggregate New 0.30% +0.30
USB US Bancorp New 0.30% +0.30
AVGO Broadcom Inc. Add +64.8% 0.90% +0.27
GOOG Alphabet Inc. Class C New 0.26% +0.26
VZ Verizon Communications Inc. Add +59.9% 0.84% +0.24
VRTX Vertex Pharmaceuticals Inc. New 0.21% +0.21
PSX Phillips 66 New 0.20% +0.20
MO Altria Group Inc. Add +165.0% 0.28% +0.16
TSM Taiwan Semiconductor-SP ADR Add +59.8% 0.65% +0.14
C Citigroup Inc. New 0.14% +0.14
ABBV Abbvie Inc. Add +37.5% 0.66% +0.14
IBM Intl Business Machines Corp. Add +705.6% 0.15% +0.13
LIN Linde PLC New 0.13% +0.13
SPLV Invesco S&P 500 Low Volatili Add +27.1% 1.09% +0.12
UNH Unitedhealth Group Inc. Add +18.7% 1.28% +0.11
CAT Caterpillar Inc. New 0.09% +0.09
CME Cme Group Inc. Add +27.9% 0.55% +0.07
COP Conocophillips New 0.06% +0.06
CVS CVS Health Corp. New 0.03% +0.03
TM Toyota Motor Corp. -Spon ADR New 0.03% +0.03
MRK Merck & Co. Inc. Add +97.1% 0.07% +0.02
HD Home Depot Inc. Add +8.6% 0.89% +0.02
RBRK Rubrik Inc. Class A New 0.02% +0.02
DUK Duke Energy Corp. Add +9.1% 0.75% +0.00
ITW Illinois Tool Works Add +13.6% 0.33% +0.00
UNP Union Pacific Corp. Add +6.1% 0.54% −0.04
PG The Procter & Gamble Co. Add +6.4% 0.65% −0.08
META Meta Platforms Inc. Class A Add +1.2% 0.91% −0.08
GOOGL Alphabet Inc. Class A Add +23.0% 2.00% −0.23
AAPL Apple Inc. Add +9.0% 9.86% −0.36
VOO Vanguard S&P 500 ETF Add +2.9% 4.33% −0.66

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 117$2.5BNVDA, AAPL, VOO, GOOGL, AMZN
Q1 2026 111$2.7BNVDA, AAPL, VT, VOO, AGG
Q4 2025 105$3.0BVT, AGG, NVDA, AAPL, VOO
Q3 2025 115$2.7BVT, AGG, VOO, NVDA, MSFT
Q2 2025 113$2.7BVT, AGG, NVDA, VOO, MSFT
Q1 2025 114$2.5BAAPL, VOO, NVDA, MSFT, IEFA
Q4 2024 102$2.5BAAPL, MSFT, NVDA, VOO, IEFA
Q3 2024 104$2.2BAAPL, MSFT, NVDA, IEMG, IVOO
Q2 2024 147$1.7BAAPL, MSFT, IEMG, IVOO, VOO
Q1 2024 152$1.4BAAPL, VOO, IVOO, IEFA, IEMG