Lockheed Martin Investment Management Co.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Lockheed Martin Investment Management Co. reported 114 stock positions worth $2.5 billion. Its top holding was Apple (AAPL) at 8.4% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 6.6%) and Nvidia (NVDA, 6.3%). Compared with Q4 2024, it opened 15 new positions, sold out of 3, added to 28 and reduced 61. The biggest buy was a new position in Tesla (TSLA) and the biggest sale Microsoft (MSFT, shares −25%).

Most Recent 13F
Q2 2026
Location
BETHESDA, MD
CIK
0000897599
Portfolio Value
$2.5B (Q1 2025)
SEC Filing
0001420506-25-000984 ↗ filed May 12, 2025

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 Q3 2024 Q4 2024: $2.5B Q4 2024 Q1 2025: $2.5B $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 114 stocks · $2.5B
AAPL Apple Inc. 8.39% 928,670 $206.3M Reduce -13.9%
VOO Vanguard S&P 500 ETF 6.65% 317,800 $163.3M Add +7.8%
NVDA Nvidia Corp. 6.32% 1,434,020 $155.4M Add +11.7%
MSFT Microsoft Corp. 5.39% 352,660 $132.4M Reduce -24.6%
IEFA iShares Core MSCI Eafe ETF 4.16% 1,352,300 $102.3M No change
JPM JPMorgan Chase & Co. 3.30% 331,010 $81.2M Reduce -3.6%
IVOO Vanguard S&P Mid-Cap 400 ETF 3.01% 750,000 $74.0M Reduce -16.7%
SPLV Invesco S&P 500 Low Volatili 2.86% 941,500 $70.3M Add +6.4%
SPTL SS SPDR PF LNG TRM TSY E-Usd 2.74% 2,466,000 $67.2M Add +8.4%
USMV iShares MSCI USA Min Vol Fac 2.70% 707,300 $66.2M No change
VEA Vanguard Ftse Developed ETF 2.59% 1,250,000 $63.5M No change
VT Vanguard Tot World STK ETF 2.41% 511,300 $59.3M Add +12.6%
IEMG iShares Core MSCI Emerging 2.36% 1,074,600 $58.0M Add +2.9%
AVGO Broadcom Inc. 2.28% 335,230 $56.1M Add +93.4%
BND Vanguard Total Bond Market 2.15% 720,000 $52.9M Add +7.5%
XOM Exxon Mobil Corp. 1.62% 334,000 $39.7M Reduce -37.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.57% 922,890 $38.5M Reduce -6.7%
AGG iShares Core U.S. Aggregate 1.49% 369,925 $36.6M No change
GOOGL Alphabet Inc. Class A 1.46% 231,680 $35.8M Add +21.8%
WFC Wells Fargo & Co. 1.44% 493,100 $35.4M Add +60.2%
AMZN Amazon.com Inc. 1.40% 180,960 $34.4M Add +33.8%
VGLT Vanguard Long-Term Treasury 1.29% 550,000 $31.7M Add +13.4%
UNH Unitedhealth Group Inc. 1.19% 55,960 $29.3M Add +27.1%
BRK.B Berkshire Hathaway Inc. Class B 1.07% 49,300 $26.3M Reduce -30.0%
META Meta Platforms Inc. Class A 1.02% 43,280 $24.9M Add +34.1%
TSM Taiwan Semiconductor-SP ADR 0.93% 137,700 $22.9M Add +42.8%
BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.86% 988,100 $21.2M No change
T AT&T Inc. 0.83% 722,200 $20.4M Reduce -26.6%
TSLA Tesla Inc. 0.82% 77,700 $20.1M New
PG The Procter & Gamble Co. 0.81% 116,410 $19.8M Add +22.8%
DUK Duke Energy Corp. 0.81% 162,610 $19.8M Add +19.4%
RSP Invesco S&P 500 Equal Weight 0.77% 109,300 $18.9M New
DBC Invesco DB Commodity Index T 0.76% 833,300 $18.7M No change
IJH iShares Core S&P Midcap ETF 0.76% 321,150 $18.7M No change
OEF iShares S&P 100 ETF 0.75% 67,800 $18.4M Reduce -49.9%
IJR iShares Core S&P Small-Cap E 0.73% 172,100 $18.0M No change
PDBC Invesco Optimum Yield Divers 0.73% 1,317,800 $18.0M No change
HD Home Depot Inc. 0.68% 45,500 $16.7M Reduce -2.3%
LLY Eli Lilly & Co. 0.65% 19,370 $16.0M Reduce -16.8%
CME Cme Group Inc. 0.63% 58,690 $15.6M Add +34.1%
CEG Constellation Energy 0.63% 77,200 $15.6M Add +6.2%
VZ Verizon Communications Inc. 0.63% 341,200 $15.5M Reduce -37.8%
KO The Coca-Cola Co. 0.62% 213,895 $15.3M Reduce -2.3%
SO The Southern Co. 0.57% 151,920 $14.0M Add +51.8%
CVX Chevron Corp. 0.52% 76,340 $12.8M Reduce -44.0%
WMT Walmart Inc. 0.51% 142,400 $12.5M Add +185.6%
UNP Union Pacific Corp. 0.49% 50,840 $12.0M Reduce -2.3%
PEP Pepsico Inc. 0.48% 78,820 $11.8M Reduce -2.3%
TXN Texas Instruments Inc. 0.48% 65,210 $11.7M Reduce -2.4%
CMG Chipotle Mexican Grill Inc. 0.48% 232,660 $11.7M Add +31.0%
RTX RTX Corp. 0.47% 87,750 $11.6M Reduce -2.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.46% 20,000 $11.2M Reduce -33.3%
PGR Progressive Corp. 0.43% 37,730 $10.7M Add +57.3%
HIG Hartford Insurance Group Inc. 0.42% 82,720 $10.2M Reduce -2.3%
JNJ Johnson & Johnson 0.41% 61,500 $10.2M Reduce -44.1%
SHEL Shell PLC-ADR 0.38% 128,990 $9.5M Add +5.7%
ABBV Abbvie Inc. 0.38% 44,670 $9.4M Reduce -3.6%
FITB Fifth Third Bancorp 0.36% 228,290 $8.9M Reduce -2.3%
ITW Illinois Tool Works 0.36% 35,870 $8.9M Reduce -2.4%
CRM Salesforce Inc. 0.36% 32,840 $8.8M Reduce -2.3%
CSCO Cisco Systems Inc. 0.34% 137,320 $8.5M Reduce -2.2%
NOC Northrop Grumman Corp. 0.34% 16,260 $8.3M Reduce -2.4%
V Visa Inc. Class A 0.33% 23,470 $8.2M Reduce -2.3%
MCK McKesson Corp. 0.33% 12,100 $8.1M New
VTWO Vanguard Russell 2000 ETF 0.33% 100,000 $8.1M No change
ADBE Adobe Inc. 0.30% 18,910 $7.3M Reduce -2.3%
MA Mastercard Inc. Class A 0.29% 13,120 $7.2M Reduce -2.3%
ORCL Oracle Corp. 0.29% 51,350 $7.2M Add +4.3%
MAR Marriott International Class A 0.25% 25,360 $6.0M Reduce -41.2%
MO Altria Group Inc. 0.24% 99,500 $6.0M New
BTI British American Tob-SP ADR 0.24% 141,000 $5.8M Add +27.7%
NFLX Netflix Inc. 0.24% 6,210 $5.8M Reduce -2.2%
EWC iShares MSCI Canada ETF 0.22% 134,800 $5.5M Reduce -41.9%
BSX Boston Scientific Corp. 0.22% 53,940 $5.4M Reduce -2.3%
AMT American Tower Corp. 0.22% 24,310 $5.3M Reduce -2.3%
ISRG Intuitive Surgical Inc. 0.20% 9,830 $4.9M Reduce -2.4%
C Citigroup Inc. 0.19% 66,200 $4.7M Reduce -0.1%
EW Edwards Lifesciences Corp. 0.18% 59,380 $4.3M Reduce -2.3%
CCI Crown Castle Inc. 0.17% 40,030 $4.2M Reduce -2.3%
TMO Thermo Fisher Scientific Inc. 0.17% 8,200 $4.1M Reduce -2.3%
VRTX Vertex Pharmaceuticals Inc. 0.16% 8,100 $3.9M Reduce -2.3%
CMCSA Comcast Corp. Class A 0.16% 104,670 $3.9M Reduce -2.4%
VCLT Vanguard Long-Term Corp. Bond 0.15% 50,000 $3.8M New
IBN Icici Bank Ltd.-Spon ADR 0.15% 118,500 $3.7M Add +338.9%
DHR Danaher Corp. 0.15% 18,120 $3.7M Reduce -2.3%
PLD Prologis Inc. 0.15% 31,930 $3.6M Reduce -2.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.14% 14,000 $3.5M New
ETN Eaton Corp. PLC 0.14% 12,600 $3.4M New
USHY iShares Broad Usd High Yield 0.13% 90,000 $3.3M New
GOOG Alphabet Inc. Class C 0.13% 20,900 $3.3M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.12% 29,940 $3.0M Reduce -2.3%
CB Chubb Ltd. 0.11% 9,230 $2.8M Reduce -1.8%
DLR Digital Realty Trust Inc. 0.11% 19,110 $2.7M Reduce -2.3%
GS Goldman Sachs Group Inc. 0.11% 5,000 $2.7M New
SAP Sap SE-Sponsored ADR 0.11% 10,160 $2.7M Reduce -4.3%
CCC CCC Intelligent Solutions Ho 0.10% 266,442 $2.4M New
NEE Nextera Energy Inc. 0.09% 32,190 $2.3M Reduce -2.3%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.08% 143,880 $2.0M Reduce -4.3%
AMD Advanced Micro Devices 0.08% 18,600 $1.9M Reduce -2.3%
SMFG Sumitomo Mitsui-Spons ADR 0.08% 121,560 $1.9M Reduce -4.3%

Show all 114 holdings

Portfolio Sells Q4 2024 → Q1 2025
MSFT Microsoft Corp. Reduce -24.6% 5.39% −2.47
AAPL Apple Inc. Reduce -13.9% 8.39% −2.36
OEF iShares S&P 100 ETF Reduce -49.9% 0.75% −0.81
IVOO Vanguard S&P Mid-Cap 400 ETF Reduce -16.7% 3.01% −0.77
XOM Exxon Mobil Corp. Reduce -37.6% 1.62% −0.68
CVX Chevron Corp. Reduce -44.0% 0.52% −0.27
SPY SS SPDR S&P 500 ETF Trust-US Reduce -33.3% 0.46% −0.25
VZ Verizon Communications Inc. Reduce -37.8% 0.63% −0.24
MAR Marriott International Class A Reduce -41.2% 0.25% −0.23
JNJ Johnson & Johnson Reduce -44.1% 0.41% −0.22
NVO Novo-Nordisk A/S-Spons ADR Reduce -78.6% 0.04% −0.20
BRK.B Berkshire Hathaway Inc. Class B Reduce -30.0% 1.07% −0.20
USB US Bancorp Sold out 0.00% −0.19
BAC Bank of America Corp. Reduce -6.7% 1.57% −0.16
EWC iShares MSCI Canada ETF Reduce -41.9% 0.22% −0.15
MRK Merck & Co. Inc. Sold out 0.00% −0.15
NGG National Grid PLC-SP ADR Sold out 0.00% −0.10
CRM Salesforce Inc. Reduce -2.3% 0.36% −0.09
LLY Eli Lilly & Co. Reduce -16.8% 0.65% −0.07
SAN Banco Santander SA-Spon ADR Reduce -75.7% 0.04% −0.06
T AT&T Inc. Reduce -26.6% 0.83% −0.06
ADBE Adobe Inc. Reduce -2.3% 0.30% −0.05
HD Home Depot Inc. Reduce -2.3% 0.68% −0.04
FITB Fifth Third Bancorp Reduce -2.3% 0.36% −0.03
DLR Digital Realty Trust Inc. Reduce -2.3% 0.11% −0.03
TXN Texas Instruments Inc. Reduce -2.4% 0.48% −0.02
DHR Danaher Corp. Reduce -2.3% 0.15% −0.02
DIS The Walt Disney Co. Reduce -2.3% 0.12% −0.02
AMD Advanced Micro Devices Reduce -2.3% 0.08% −0.01
ISRG Intuitive Surgical Inc. Reduce -2.4% 0.20% −0.01
ITW Illinois Tool Works Reduce -2.4% 0.36% −0.01
PEP Pepsico Inc. Reduce -2.3% 0.48% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -2.3% 0.17% −0.01
TM Toyota Motor Corp. -Spon ADR Reduce -4.4% 0.05% −0.01
HAL Halliburton Co. Reduce -2.4% 0.06% −0.00
EW Edwards Lifesciences Corp. Reduce -2.3% 0.18% −0.00
CMCSA Comcast Corp. Class A Reduce -2.4% 0.16% −0.00
BHP BHP Group Ltd.-Spon ADR Reduce -4.3% 0.07% −0.00
ASML ASML Holding NV-NY Reg SHS Reduce -4.6% 0.03% −0.00
NEE Nextera Energy Inc. Reduce -2.3% 0.09% −0.00
RIO Rio Tinto PLC-Spon ADR Reduce -4.3% 0.07% −0.00
SMFG Sumitomo Mitsui-Spons ADR Reduce -4.3% 0.08% +0.00
C Citigroup Inc. Reduce -0.1% 0.19% +0.01
SLB SLB Ltd. Reduce -1.8% 0.07% +0.01
LIN Linde PLC Reduce -1.9% 0.06% +0.01
SAP Sap SE-Sponsored ADR Reduce -4.3% 0.11% +0.01
PLD Prologis Inc. Reduce -2.3% 0.15% +0.01
MUFG Mitsubishi Ufj Finl-Spon ADR Reduce -4.3% 0.08% +0.01
CB Chubb Ltd. Reduce -1.8% 0.11% +0.01
NFLX Netflix Inc. Reduce -2.2% 0.24% +0.01

Portfolio Buys Q4 2024 → Q1 2025
TSLA Tesla Inc. New 0.82% +0.82
RSP Invesco S&P 500 Equal Weight New 0.77% +0.77
AVGO Broadcom Inc. Add +93.4% 2.28% +0.68
WFC Wells Fargo & Co. Add +60.2% 1.44% +0.58
SPLV Invesco S&P 500 Low Volatili Add +6.4% 2.86% +0.39
SPTL SS SPDR PF LNG TRM TSY E-Usd Add +8.4% 2.74% +0.36
MCK McKesson Corp. New 0.33% +0.33
WMT Walmart Inc. Add +185.6% 0.51% +0.33
VOO Vanguard S&P 500 ETF Add +7.8% 6.65% +0.32
UNH Unitedhealth Group Inc. Add +27.1% 1.19% +0.31
VT Vanguard Tot World STK ETF Add +12.6% 2.41% +0.29
META Meta Platforms Inc. Class A Add +34.1% 1.02% +0.26
MO Altria Group Inc. New 0.24% +0.24
SO The Southern Co. Add +51.8% 0.57% +0.24
BND Vanguard Total Bond Market Add +7.5% 2.15% +0.23
CME Cme Group Inc. Add +34.1% 0.63% +0.23
DUK Duke Energy Corp. Add +19.4% 0.81% +0.22
VGLT Vanguard Long-Term Treasury Add +13.4% 1.29% +0.22
AMZN Amazon.com Inc. Add +33.8% 1.40% +0.22
PGR Progressive Corp. Add +57.3% 0.43% +0.21
IEMG iShares Core MSCI Emerging Add +2.9% 2.36% +0.19
PG The Procter & Gamble Co. Add +22.8% 0.81% +0.17
TSM Taiwan Semiconductor-SP ADR Add +42.8% 0.93% +0.17
VCLT Vanguard Long-Term Corp. Bond New 0.15% +0.15
IBM Intl Business Machines Corp. New 0.14% +0.14
ETN Eaton Corp. PLC New 0.14% +0.14
USHY iShares Broad Usd High Yield New 0.13% +0.13
GOOG Alphabet Inc. Class C New 0.13% +0.13
IBN Icici Bank Ltd.-Spon ADR Add +338.9% 0.15% +0.12
GS Goldman Sachs Group Inc. New 0.11% +0.11
CCC CCC Intelligent Solutions Ho New 0.10% +0.10
SHEL Shell PLC-ADR Add +5.7% 0.38% +0.08
BTI British American Tob-SP ADR Add +27.7% 0.24% +0.08
CMG Chipotle Mexican Grill Inc. Add +31.0% 0.48% +0.05
LYG Lloyds Banking Group PLC-ADR Add +59.1% 0.07% +0.04
RBRK Rubrik Inc. Class A New 0.03% +0.03
GOOGL Alphabet Inc. Class A Add +21.8% 1.46% +0.02
GEV GE Vernova Inc. New 0.02% +0.02
BP BP PLC-Spons ADR New 0.02% +0.02
MS Morgan Stanley New 0.01% +0.01
CEG Constellation Energy Add +6.2% 0.63% −0.01
ORCL Oracle Corp. Add +4.3% 0.29% −0.03
NVDA Nvidia Corp. Add +11.7% 6.32% −0.55

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