Lockheed Martin Investment Management Co.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 27, 2025), Lockheed Martin Investment Management Co. reported 102 stock positions worth $2.5 billion. Its top holding was Apple (AAPL) at 10.8% of the portfolio, followed by Microsoft (MSFT, 7.9%) and Nvidia (NVDA, 6.9%). Compared with Q3 2024, it opened 9 new positions, sold out of 11, added to 45 and reduced 37. The biggest buy was a new position in iShares MSCI USA Min Vol Fac (USMV) and the biggest sale iShares Core MSCI Emerging (IEMG, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0000897599
- Portfolio Value
- $2.5B (Q4 2024)
- SEC Filing
- 0001420506-25-000056 ↗ filed Jan 27, 2025
Holdings Value
Holdings 102 stocks · $2.5B
| AAPL Apple Inc. | 10.76% | 1,078,580 | $270.1M | Add +18.1% |
| MSFT Microsoft Corp. | 7.85% | 467,670 | $197.1M | Add +13.4% |
| NVDA Nvidia Corp. | 6.87% | 1,284,290 | $172.5M | Add +22.3% |
| VOO Vanguard S&P 500 ETF | 6.33% | 294,800 | $158.8M | Add +66.3% |
| IEFA iShares Core MSCI Eafe ETF | 3.79% | 1,352,300 | $95.0M | Add +33.5% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 3.78% | 900,000 | $95.0M | No change |
| JPM JPMorgan Chase & Co. | 3.28% | 343,530 | $82.3M | Add +19.9% |
| USMV iShares MSCI USA Min Vol Fac | 2.50% | 707,300 | $62.8M | New |
| SPLV Invesco S&P 500 Low Volatili | 2.47% | 885,200 | $62.0M | Add +168.9% |
| VEA Vanguard Ftse Developed ETF | 2.38% | 1,250,000 | $59.8M | No change |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 2.37% | 2,275,200 | $59.6M | Add +9.1% |
| XOM Exxon Mobil Corp. | 2.30% | 535,620 | $57.6M | Add +3.6% |
| IEMG iShares Core MSCI Emerging | 2.17% | 1,044,600 | $54.5M | Reduce -46.4% |
| VT Vanguard Tot World STK ETF | 2.13% | 454,100 | $53.3M | New |
| BND Vanguard Total Bond Market | 1.92% | 670,000 | $48.2M | Add +3.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.73% | 988,850 | $43.5M | Add +25.6% |
| AVGO Broadcom Inc. | 1.60% | 173,340 | $40.2M | Add +53.3% |
| OEF iShares S&P 100 ETF | 1.56% | 135,400 | $39.1M | New |
| GOOGL Alphabet Inc. Class A | 1.43% | 190,170 | $36.0M | Reduce -27.1% |
| AGG iShares Core U.S. Aggregate | 1.43% | 369,925 | $35.8M | Add +469.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.27% | 70,400 | $31.9M | Add +10.5% |
| AMZN Amazon.com Inc. | 1.18% | 135,290 | $29.7M | Reduce -13.5% |
| VGLT Vanguard Long-Term Treasury | 1.07% | 485,000 | $26.8M | Reduce -43.3% |
| T AT&T Inc. | 0.89% | 984,600 | $22.4M | Add +12.2% |
| UNH Unitedhealth Group Inc. | 0.89% | 44,010 | $22.3M | Reduce -6.9% |
| VZ Verizon Communications Inc. | 0.87% | 548,300 | $21.9M | Add +35.1% |
| WFC Wells Fargo & Co. | 0.86% | 307,800 | $21.6M | Add +10.8% |
| IJH iShares Core S&P Midcap ETF | 0.80% | 321,150 | $20.0M | Add +1485.9% |
| IJR iShares Core S&P Small-Cap E | 0.79% | 172,100 | $19.8M | Add +1383.6% |
| CVX Chevron Corp. | 0.79% | 136,330 | $19.7M | Reduce -24.4% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.78% | 988,100 | $19.5M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.76% | 96,400 | $19.0M | Add +18.7% |
| META Meta Platforms Inc. Class A | 0.75% | 32,270 | $18.9M | Reduce -5.6% |
| HD Home Depot Inc. | 0.72% | 46,570 | $18.1M | Reduce -1.4% |
| LLY Eli Lilly & Co. | 0.72% | 23,290 | $18.0M | Add +38.8% |
| DBC Invesco DB Commodity Index T | 0.71% | 833,300 | $17.8M | Reduce -49.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.70% | 30,000 | $17.6M | No change |
| PDBC Invesco Optimum Yield Divers | 0.68% | 1,317,800 | $17.1M | Reduce -51.4% |
| CEG Constellation Energy | 0.65% | 72,700 | $16.3M | Add +32.7% |
| JNJ Johnson & Johnson | 0.63% | 110,100 | $15.9M | Reduce -6.5% |
| PG The Procter & Gamble Co. | 0.63% | 94,800 | $15.9M | Add +17.2% |
| DUK Duke Energy Corp. | 0.58% | 136,140 | $14.7M | Reduce -3.5% |
| KO The Coca-Cola Co. | 0.54% | 218,985 | $13.6M | Add +16.3% |
| TXN Texas Instruments Inc. | 0.50% | 66,780 | $12.5M | Add +16.4% |
| PEP Pepsico Inc. | 0.49% | 80,680 | $12.3M | Add +43.4% |
| MAR Marriott International Class A | 0.48% | 43,160 | $12.0M | Add +15.8% |
| UNP Union Pacific Corp. | 0.47% | 52,040 | $11.9M | Add +9.7% |
| CRM Salesforce Inc. | 0.45% | 33,610 | $11.2M | Add +13.3% |
| CMG Chipotle Mexican Grill Inc. | 0.43% | 177,630 | $10.7M | Add +19.6% |
| RTX RTX Corp. | 0.41% | 89,820 | $10.4M | Add +10.7% |
| CME Cme Group Inc. | 0.41% | 43,780 | $10.2M | Reduce -19.0% |
| FITB Fifth Third Bancorp | 0.39% | 233,640 | $9.9M | New |
| EWC iShares MSCI Canada ETF | 0.37% | 231,800 | $9.3M | No change |
| ITW Illinois Tool Works | 0.37% | 36,750 | $9.3M | Add +33.8% |
| HIG Hartford Insurance Group Inc. | 0.37% | 84,700 | $9.3M | Add +15.8% |
| VTWO Vanguard Russell 2000 ETF | 0.36% | 100,000 | $8.9M | No change |
| ADBE Adobe Inc. | 0.34% | 19,350 | $8.6M | Add +13.4% |
| CSCO Cisco Systems Inc. | 0.33% | 140,400 | $8.3M | Add +16.7% |
| SO The Southern Co. | 0.33% | 100,050 | $8.2M | Reduce -16.0% |
| ABBV Abbvie Inc. | 0.33% | 46,320 | $8.2M | Reduce -35.4% |
| ORCL Oracle Corp. | 0.33% | 49,240 | $8.2M | Reduce -1.5% |
| NOC Northrop Grumman Corp. | 0.31% | 16,660 | $7.8M | Add +19.9% |
| SHEL Shell PLC-ADR | 0.30% | 122,030 | $7.6M | Add +266.1% |
| V Visa Inc. Class A | 0.30% | 24,020 | $7.6M | Reduce -1.3% |
| MA Mastercard Inc. Class A | 0.28% | 13,430 | $7.1M | Reduce -1.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.25% | 72,550 | $6.2M | Add +286.9% |
| PGR Progressive Corp. | 0.23% | 23,980 | $5.7M | Reduce -33.1% |
| NFLX Netflix Inc. | 0.23% | 6,350 | $5.7M | Reduce -1.4% |
| ISRG Intuitive Surgical Inc. | 0.21% | 10,070 | $5.3M | Add +18.9% |
| BSX Boston Scientific Corp. | 0.20% | 55,220 | $4.9M | Reduce -1.3% |
| USB US Bancorp | 0.19% | 101,000 | $4.8M | Reduce -28.2% |
| C Citigroup Inc. | 0.19% | 66,300 | $4.7M | Add +37.0% |
| AMT American Tower Corp. | 0.18% | 24,880 | $4.6M | Add +2.0% |
| WMT Walmart Inc. | 0.18% | 49,860 | $4.5M | Reduce -69.3% |
| EW Edwards Lifesciences Corp. | 0.18% | 60,770 | $4.5M | New |
| TMO Thermo Fisher Scientific Inc. | 0.17% | 8,390 | $4.4M | Reduce -69.7% |
| DHR Danaher Corp. | 0.17% | 18,550 | $4.3M | Reduce -53.4% |
| CMCSA Comcast Corp. Class A | 0.16% | 107,290 | $4.0M | Add +2.4% |
| BTI British American Tob-SP ADR | 0.16% | 110,400 | $4.0M | New |
| MRK Merck & Co. Inc. | 0.15% | 37,500 | $3.7M | Add +171.7% |
| CCI Crown Castle Inc. | 0.15% | 40,980 | $3.7M | Reduce -1.3% |
| DLR Digital Realty Trust Inc. | 0.14% | 19,560 | $3.5M | Reduce -1.3% |
| PLD Prologis Inc. | 0.14% | 32,690 | $3.5M | Reduce -1.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.14% | 30,630 | $3.4M | Reduce -1.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.13% | 8,290 | $3.3M | Reduce -16.7% |
| SAP Sap SE-Sponsored ADR | 0.10% | 10,620 | $2.6M | No change |
| CB Chubb Ltd. | 0.10% | 9,400 | $2.6M | Reduce -77.8% |
| SAN Banco Santander SA-Spon ADR | 0.10% | 557,390 | $2.5M | Add +197.0% |
| NGG National Grid PLC-SP ADR | 0.10% | 40,700 | $2.4M | New |
| NEE Nextera Energy Inc. | 0.09% | 32,930 | $2.4M | Reduce -1.2% |
| AMD Advanced Micro Devices | 0.09% | 19,030 | $2.3M | Reduce -1.4% |
| SMFG Sumitomo Mitsui-Spons ADR | 0.07% | 127,040 | $1.8M | No change |
| RIO Rio Tinto PLC-Spon ADR | 0.07% | 30,610 | $1.8M | No change |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.07% | 150,370 | $1.8M | No change |
| BHP BHP Group Ltd.-Spon ADR | 0.07% | 35,860 | $1.8M | No change |
| HAL Halliburton Co. | 0.06% | 59,250 | $1.6M | Reduce -1.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.06% | 39,930 | $1.5M | Reduce -45.4% |
| LIN Linde PLC | 0.05% | 3,210 | $1.3M | Reduce -45.4% |
| TM Toyota Motor Corp. -Spon ADR | 0.05% | 6,840 | $1.3M | Add +87.9% |
| IBN Icici Bank Ltd.-Spon ADR | 0.03% | 27,000 | $806K | New |
Portfolio Sells Q3 2024 → Q4 2024
| IEMG iShares Core MSCI Emerging | Reduce -46.4% | 2.17% | −3.00 |
| VGLT Vanguard Long-Term Treasury | Reduce -43.3% | 1.07% | −1.37 |
| VCLT Vanguard Long-Term Corp. Bond | Sold out | 0.00% | −1.14 |
| DBC Invesco DB Commodity Index T | Reduce -49.9% | 0.71% | −1.01 |
| PDBC Invesco Optimum Yield Divers | Reduce -51.4% | 0.68% | −1.00 |
| TMO Thermo Fisher Scientific Inc. | Reduce -69.7% | 0.17% | −0.62 |
| GOOGL Alphabet Inc. Class A | Reduce -27.1% | 1.43% | −0.57 |
| CB Chubb Ltd. | Reduce -77.8% | 0.10% | −0.46 |
| CVX Chevron Corp. | Reduce -24.4% | 0.79% | −0.44 |
| WMT Walmart Inc. | Reduce -69.3% | 0.18% | −0.43 |
| UNH Unitedhealth Group Inc. | Reduce -6.9% | 0.89% | −0.39 |
| DHR Danaher Corp. | Reduce -53.4% | 0.17% | −0.34 |
| ABBV Abbvie Inc. | Reduce -35.4% | 0.33% | −0.33 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.28 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.26 |
| JNJ Johnson & Johnson | Reduce -6.5% | 0.63% | −0.25 |
| PSX Phillips 66 | Sold out | 0.00% | −0.20 |
| PGR Progressive Corp. | Reduce -33.1% | 0.23% | −0.19 |
| SO The Southern Co. | Reduce -16.0% | 0.33% | −0.17 |
| DUK Duke Energy Corp. | Reduce -3.5% | 0.58% | −0.17 |
| AMZN Amazon.com Inc. | Reduce -13.5% | 1.18% | −0.17 |
| HD Home Depot Inc. | Reduce -1.4% | 0.72% | −0.16 |
| META Meta Platforms Inc. Class A | Reduce -5.6% | 0.75% | −0.15 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.15 |
| CME Cme Group Inc. | Reduce -19.0% | 0.41% | −0.15 |
| USB US Bancorp | Reduce -28.2% | 0.19% | −0.11 |
| RPV Invesco S&P 500 Pure Value E | Sold out | 0.00% | −0.10 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.09 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -16.7% | 0.13% | −0.08 |
| SLB SLB Ltd. | Reduce -45.4% | 0.06% | −0.08 |
| CCI Crown Castle Inc. | Reduce -1.3% | 0.15% | −0.08 |
| LIN Linde PLC | Reduce -45.4% | 0.05% | −0.08 |
| ORCL Oracle Corp. | Reduce -1.5% | 0.33% | −0.07 |
| RPG Invesco S&P 500 Pure Growth | Sold out | 0.00% | −0.07 |
| COP Conocophillips | Sold out | 0.00% | −0.06 |
| PLD Prologis Inc. | Reduce -1.3% | 0.14% | −0.06 |
| AMD Advanced Micro Devices | Reduce -1.4% | 0.09% | −0.06 |
| NEE Nextera Energy Inc. | Reduce -1.2% | 0.09% | −0.04 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -1.3% | 0.28% | −0.03 |
| BSX Boston Scientific Corp. | Reduce -1.3% | 0.20% | −0.02 |
| LYG Lloyds Banking Group PLC-ADR | Reduce -16.1% | 0.03% | −0.02 |
| HAL Halliburton Co. | Reduce -1.4% | 0.06% | −0.02 |
| RBRK Rubrik Inc. Class A | Sold out | 0.00% | −0.02 |
| DLR Digital Realty Trust Inc. | Reduce -1.3% | 0.14% | −0.01 |
| V Visa Inc. Class A | Reduce -1.3% | 0.30% | −0.01 |
| DIS The Walt Disney Co. | Reduce -1.4% | 0.14% | −0.00 |
| NFLX Netflix Inc. | Reduce -1.4% | 0.23% | +0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| USMV iShares MSCI USA Min Vol Fac | New | 2.50% | +2.50 |
| VT Vanguard Tot World STK ETF | New | 2.13% | +2.13 |
| VOO Vanguard S&P 500 ETF | Add +66.3% | 6.33% | +2.00 |
| OEF iShares S&P 100 ETF | New | 1.56% | +1.56 |
| SPLV Invesco S&P 500 Low Volatili | Add +168.9% | 2.47% | +1.37 |
| AGG iShares Core U.S. Aggregate | Add +469.1% | 1.43% | +1.12 |
| NVDA Nvidia Corp. | Add +22.3% | 6.87% | +0.96 |
| AAPL Apple Inc. | Add +18.1% | 10.76% | +0.90 |
| BCI Abrdn Bloomberg All Commodit | New | 0.78% | +0.78 |
| IJH iShares Core S&P Midcap ETF | Add +1485.9% | 0.80% | +0.74 |
| IJR iShares Core S&P Small-Cap E | Add +1383.6% | 0.79% | +0.73 |
| AVGO Broadcom Inc. | Add +53.3% | 1.60% | +0.70 |
| JPM JPMorgan Chase & Co. | Add +19.9% | 3.28% | +0.48 |
| FITB Fifth Third Bancorp | New | 0.39% | +0.39 |
| BAC Bank of America Corp. | Add +25.6% | 1.73% | +0.29 |
| SHEL Shell PLC-ADR | Add +266.1% | 0.30% | +0.20 |
| EW Edwards Lifesciences Corp. | New | 0.18% | +0.18 |
| BTI British American Tob-SP ADR | New | 0.16% | +0.16 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +286.9% | 0.25% | +0.15 |
| WFC Wells Fargo & Co. | Add +10.8% | 0.86% | +0.13 |
| IEFA iShares Core MSCI Eafe ETF | Add +33.5% | 3.79% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +18.7% | 0.76% | +0.11 |
| NGG National Grid PLC-SP ADR | New | 0.10% | +0.10 |
| MRK Merck & Co. Inc. | Add +171.7% | 0.15% | +0.08 |
| CRM Salesforce Inc. | Add +13.3% | 0.45% | +0.07 |
| SAN Banco Santander SA-Spon ADR | Add +197.0% | 0.10% | +0.06 |
| MAR Marriott International Class A | Add +15.8% | 0.48% | +0.05 |
| C Citigroup Inc. | Add +37.0% | 0.19% | +0.05 |
| PEP Pepsico Inc. | Add +43.4% | 0.49% | +0.05 |
| ITW Illinois Tool Works | Add +33.8% | 0.37% | +0.04 |
| CSCO Cisco Systems Inc. | Add +16.7% | 0.33% | +0.03 |
| IBN Icici Bank Ltd.-Spon ADR | New | 0.03% | +0.03 |
| CMG Chipotle Mexican Grill Inc. | Add +19.6% | 0.43% | +0.03 |
| VZ Verizon Communications Inc. | Add +35.1% | 0.87% | +0.03 |
| LLY Eli Lilly & Co. | Add +38.8% | 0.72% | +0.03 |
| TM Toyota Motor Corp. -Spon ADR | Add +87.9% | 0.05% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +18.9% | 0.21% | +0.02 |
| T AT&T Inc. | Add +12.2% | 0.89% | −0.00 |
| CEG Constellation Energy | Add +32.7% | 0.65% | −0.01 |
| PG The Procter & Gamble Co. | Add +17.2% | 0.63% | −0.02 |
| NOC Northrop Grumman Corp. | Add +19.9% | 0.31% | −0.03 |
| HIG Hartford Insurance Group Inc. | Add +15.8% | 0.37% | −0.03 |
| RTX RTX Corp. | Add +10.7% | 0.41% | −0.04 |
| CMCSA Comcast Corp. Class A | Add +2.4% | 0.16% | −0.04 |
| TXN Texas Instruments Inc. | Add +16.4% | 0.50% | −0.05 |
| ADBE Adobe Inc. | Add +13.4% | 0.34% | −0.07 |
| UNP Union Pacific Corp. | Add +9.7% | 0.47% | −0.07 |
| AMT American Tower Corp. | Add +2.0% | 0.18% | −0.08 |
| KO The Coca-Cola Co. | Add +16.3% | 0.54% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +10.5% | 1.27% | −0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 117 | $2.5B | NVDA, AAPL, VOO, GOOGL, AMZN |
| Q1 2026 | 111 | $2.7B | NVDA, AAPL, VT, VOO, AGG |
| Q4 2025 | 105 | $3.0B | VT, AGG, NVDA, AAPL, VOO |
| Q3 2025 | 115 | $2.7B | VT, AGG, VOO, NVDA, MSFT |
| Q2 2025 | 113 | $2.7B | VT, AGG, NVDA, VOO, MSFT |
| Q1 2025 | 114 | $2.5B | AAPL, VOO, NVDA, MSFT, IEFA |
| Q4 2024 | 102 | $2.5B | AAPL, MSFT, NVDA, VOO, IEFA |
| Q3 2024 | 104 | $2.2B | AAPL, MSFT, NVDA, IEMG, IVOO |
| Q2 2024 | 147 | $1.7B | AAPL, MSFT, IEMG, IVOO, VOO |
| Q1 2024 | 152 | $1.4B | AAPL, VOO, IVOO, IEFA, IEMG |