Lockheed Martin Investment Management Co.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Lockheed Martin Investment Management Co. reported 113 stock positions worth $2.7 billion. Its top holding was Vanguard Tot World STK ETF (VT) at 7.5% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 7.5%) and Nvidia (NVDA, 6.9%). Compared with Q1 2025, it opened 10 new positions, sold out of 11, added to 26 and reduced 65. The biggest buy was iShares Core U.S. Aggregate (AGG, shares +458%) and the biggest sale Apple (AAPL, shares −27%).

Most Recent 13F
Q2 2026
Location
BETHESDA, MD
CIK
0000897599
Portfolio Value
$2.7B (Q2 2025)
SEC Filing
0001420506-25-001672 ↗ filed Aug 4, 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 Q1 2025 Q2 2025: $2.7B $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 113 stocks · $2.7B
VT Vanguard Tot World STK ETF 7.49% 1,595,000 $205.0M Add +211.9%
AGG iShares Core U.S. Aggregate 7.49% 2,065,000 $204.8M Add +458.2%
NVDA Nvidia Corp. 6.87% 1,188,980 $187.8M Reduce -17.1%
VOO Vanguard S&P 500 ETF 6.52% 314,000 $178.4M Reduce -1.2%
MSFT Microsoft Corp. 6.08% 334,260 $166.3M Reduce -5.2%
AAPL Apple Inc. 5.09% 678,780 $139.3M Reduce -26.9%
AVGO Broadcom Inc. 3.44% 341,350 $94.1M Add +1.8%
IVOO Vanguard S&P Mid-Cap 400 ETF 2.88% 750,000 $78.7M No change
JPM JPMorgan Chase & Co. 2.82% 266,020 $77.1M Reduce -19.6%
VEA Vanguard Ftse Developed ETF 2.60% 1,250,000 $71.3M No change
IEFA iShares Core MSCI Eafe ETF 2.29% 751,000 $62.7M Reduce -44.5%
IEMG iShares Core MSCI Emerging 2.23% 1,017,000 $61.1M Reduce -5.4%
GEV GE Vernova Inc. 2.03% 104,800 $55.5M Add +6886.7%
BND Vanguard Total Bond Market 1.94% 720,000 $53.0M No change
META Meta Platforms Inc. Class A 1.68% 62,400 $46.1M Add +44.2%
PG The Procter & Gamble Co. 1.45% 248,780 $39.6M Add +113.7%
KO The Coca-Cola Co. 1.30% 502,385 $35.5M Add +134.9%
WMT Walmart Inc. 1.21% 337,460 $33.0M Add +137.0%
JNJ Johnson & Johnson 1.19% 213,600 $32.6M Add +247.3%
BRK.B Berkshire Hathaway Inc. Class B 1.18% 66,200 $32.2M Add +34.3%
GOOGL Alphabet Inc. Class A 1.17% 181,940 $32.1M Reduce -21.5%
T AT&T Inc. 1.13% 1,068,000 $30.9M Add +47.9%
VGLT Vanguard Long-Term Treasury 1.13% 550,000 $30.9M No change
LLY Eli Lilly & Co. 1.12% 39,170 $30.5M Add +102.2%
AMZN Amazon.com Inc. 1.10% 137,160 $30.1M Reduce -24.2%
DUK Duke Energy Corp. 1.06% 246,810 $29.1M Add +51.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.94% 543,320 $25.7M Reduce -41.1%
TSLA Tesla Inc. 0.93% 80,100 $25.4M Add +3.1%
VZ Verizon Communications Inc. 0.92% 581,400 $25.2M Add +70.4%
GOVT iShares US Treasury Bond ETF 0.80% 950,000 $21.8M New
XOM Exxon Mobil Corp. 0.78% 199,050 $21.5M Reduce -40.4%
PM Philip Morris International 0.77% 115,200 $21.0M New
SO The Southern Co. 0.72% 215,850 $19.8M Add +42.1%
BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.71% 938,100 $19.5M Reduce -5.1%
WFC Wells Fargo & Co. 0.65% 222,000 $17.8M Reduce -55.0%
HD Home Depot Inc. 0.57% 42,550 $15.6M Reduce -6.5%
MO Altria Group Inc. 0.56% 263,000 $15.4M Add +164.3%
CME Cme Group Inc. 0.55% 54,960 $15.1M Reduce -6.4%
DBC Invesco DB Commodity Index T 0.53% 663,300 $14.5M Reduce -20.4%
BTI British American Tob-SP ADR 0.51% 292,300 $13.8M Add +107.3%
ABBV Abbvie Inc. 0.48% 70,700 $13.1M Add +58.3%
TXN Texas Instruments Inc. 0.47% 62,520 $13.0M Reduce -4.1%
UNP Union Pacific Corp. 0.47% 56,360 $13.0M Add +10.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.45% 20,000 $12.4M No change
CMG Chipotle Mexican Grill Inc. 0.45% 217,930 $12.2M Reduce -6.3%
RTX RTX Corp. 0.44% 82,140 $12.0M Reduce -6.4%
TSM Taiwan Semiconductor-SP ADR 0.41% 49,900 $11.3M Reduce -63.8%
MRK Merck & Co. Inc. 0.39% 136,100 $10.8M New
ORCL Oracle Corp. 0.37% 46,310 $10.1M Reduce -9.8%
CEG Constellation Energy 0.36% 30,700 $9.9M Reduce -60.2%
HIG Hartford Insurance Group Inc. 0.36% 77,430 $9.8M Reduce -6.4%
PEP Pepsico Inc. 0.36% 73,760 $9.7M Reduce -6.4%
AEP American Electric Power 0.35% 92,700 $9.6M New
COST Costco Wholesale Corp. 0.35% 9,700 $9.6M New
ISRG Intuitive Surgical Inc. 0.33% 16,830 $9.1M Add +71.2%
OEF iShares S&P 100 ETF 0.33% 30,000 $9.1M Reduce -55.8%
CSCO Cisco Systems Inc. 0.33% 131,480 $9.1M Reduce -4.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.33% 30,500 $9.0M Add +117.9%
NVS Novartis AG-Sponsored ADR 0.33% 73,700 $8.9M New
VTWO Vanguard Russell 2000 ETF 0.32% 100,000 $8.7M No change
ITW Illinois Tool Works 0.31% 34,420 $8.5M Reduce -4.0%
PDBC Invesco Optimum Yield Divers 0.31% 650,000 $8.5M Reduce -50.7%
CRM Salesforce Inc. 0.31% 30,730 $8.4M Reduce -6.4%
UNH Unitedhealth Group Inc. 0.29% 25,740 $8.0M Reduce -54.0%
PGR Progressive Corp. 0.29% 29,530 $7.9M Reduce -21.7%
V Visa Inc. Class A 0.29% 21,980 $7.8M Reduce -6.3%
NFLX Netflix Inc. 0.28% 5,800 $7.8M Reduce -6.6%
BCS Barclays PLC-Spons ADR 0.28% 414,500 $7.7M New
NOC Northrop Grumman Corp. 0.28% 15,210 $7.6M Reduce -6.5%
NGG National Grid PLC-SP ADR 0.26% 96,700 $7.2M New
ADBE Adobe Inc. 0.26% 18,290 $7.1M Reduce -3.3%
MA Mastercard Inc. Class A 0.25% 12,280 $6.9M Reduce -6.4%
CVX Chevron Corp. 0.25% 46,990 $6.7M Reduce -38.5%
MAR Marriott International Class A 0.24% 23,730 $6.5M Reduce -6.4%
MCK McKesson Corp. 0.24% 8,800 $6.4M Reduce -27.3%
EWC iShares MSCI Canada ETF 0.23% 134,800 $6.2M No change
BSX Boston Scientific Corp. 0.20% 50,510 $5.4M Reduce -6.4%
AMT American Tower Corp. 0.18% 22,610 $5.0M Reduce -7.0%
VRTX Vertex Pharmaceuticals Inc. 0.18% 10,860 $4.8M Add +34.1%
FITB Fifth Third Bancorp 0.16% 105,890 $4.4M Reduce -53.6%
EW Edwards Lifesciences Corp. 0.16% 55,530 $4.3M Reduce -6.5%
CCI Crown Castle Inc. 0.14% 37,460 $3.8M Reduce -6.4%
RSP Invesco S&P 500 Equal Weight 0.13% 20,000 $3.6M Reduce -81.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.13% 27,980 $3.5M Reduce -6.5%
CMCSA Comcast Corp. Class A 0.13% 97,020 $3.5M Reduce -7.3%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.13% 130,000 $3.5M Reduce -94.7%
SHEL Shell PLC-ADR 0.12% 48,490 $3.4M Reduce -62.4%
DHR Danaher Corp. 0.12% 16,960 $3.4M Reduce -6.4%
PLD Prologis Inc. 0.11% 29,900 $3.1M Reduce -6.4%
DLR Digital Realty Trust Inc. 0.11% 17,880 $3.1M Reduce -6.4%
TMO Thermo Fisher Scientific Inc. 0.11% 7,680 $3.1M Reduce -6.3%
NVO Novo-Nordisk A/S-Spons ADR 0.11% 43,450 $3.0M Add +179.4%
BHP BHP Group Ltd.-Spon ADR 0.10% 57,310 $2.8M Add +67.0%
RIO Rio Tinto PLC-Spon ADR 0.10% 46,690 $2.7M Add +59.4%
CB Chubb Ltd. 0.10% 8,980 $2.6M Reduce -2.7%
CCC CCC Intelligent Solutions Ho 0.09% 266,442 $2.5M No change
AMD Advanced Micro Devices 0.09% 17,400 $2.5M Reduce -6.5%
CL Colgate-Palmolive Co. 0.09% 26,100 $2.4M New
NEE Nextera Energy Inc. 0.08% 30,210 $2.1M Reduce -6.2%
IBN Icici Bank Ltd.-Spon ADR 0.08% 62,300 $2.1M Reduce -47.4%

Show all 113 holdings

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -26.9% 5.09% −3.30
SPLV Invesco S&P 500 Low Volatili Sold out 0.00% −2.86
USMV iShares MSCI USA Min Vol Fac Sold out 0.00% −2.70
SPTL SS SPDR PF LNG TRM TSY E-Usd Reduce -94.7% 0.13% −2.61
IEFA iShares Core MSCI Eafe ETF Reduce -44.5% 2.29% −1.87
UNH Unitedhealth Group Inc. Reduce -54.0% 0.29% −0.90
XOM Exxon Mobil Corp. Reduce -40.4% 0.78% −0.83
WFC Wells Fargo & Co. Reduce -55.0% 0.65% −0.79
IJH iShares Core S&P Midcap ETF Sold out 0.00% −0.76
IJR iShares Core S&P Small-Cap E Sold out 0.00% −0.73
RSP Invesco S&P 500 Equal Weight Reduce -81.7% 0.13% −0.64
BAC Bank of America Corp. Reduce -41.1% 0.94% −0.63
TSM Taiwan Semiconductor-SP ADR Reduce -63.8% 0.41% −0.52
JPM JPMorgan Chase & Co. Reduce -19.6% 2.82% −0.49
PDBC Invesco Optimum Yield Divers Reduce -50.7% 0.31% −0.42
OEF iShares S&P 100 ETF Reduce -55.8% 0.33% −0.41
AMZN Amazon.com Inc. Reduce -24.2% 1.10% −0.30
GOOGL Alphabet Inc. Class A Reduce -21.5% 1.17% −0.29
CVX Chevron Corp. Reduce -38.5% 0.25% −0.27
CEG Constellation Energy Reduce -60.2% 0.36% −0.27
SHEL Shell PLC-ADR Reduce -62.4% 0.12% −0.26
DBC Invesco DB Commodity Index T Reduce -20.4% 0.53% −0.23
FITB Fifth Third Bancorp Reduce -53.6% 0.16% −0.20
C Citigroup Inc. Sold out 0.00% −0.19
VCLT Vanguard Long-Term Corp. Bond Sold out 0.00% −0.15
BCI Abrdn Bloomberg All Commodit Reduce -5.1% 0.71% −0.15
PGR Progressive Corp. Reduce -21.7% 0.29% −0.15
ETN Eaton Corp. PLC Sold out 0.00% −0.14
USHY iShares Broad Usd High Yield Sold out 0.00% −0.13
IEMG iShares Core MSCI Emerging Reduce -5.4% 2.23% −0.13
VOO Vanguard S&P 500 ETF Reduce -1.2% 6.52% −0.13
PEP Pepsico Inc. Reduce -6.4% 0.36% −0.12
GS Goldman Sachs Group Inc. Sold out 0.00% −0.11
HD Home Depot Inc. Reduce -6.5% 0.57% −0.11
GOOG Alphabet Inc. Class C Reduce -73.2% 0.04% −0.10
MCK McKesson Corp. Reduce -27.3% 0.24% −0.10
CME Cme Group Inc. Reduce -6.4% 0.55% −0.08
IBN Icici Bank Ltd.-Spon ADR Reduce -47.4% 0.08% −0.08
SAP Sap SE-Sponsored ADR Reduce -63.6% 0.04% −0.07
NOC Northrop Grumman Corp. Reduce -6.5% 0.28% −0.06
HIG Hartford Insurance Group Inc. Reduce -6.4% 0.36% −0.06
CRM Salesforce Inc. Reduce -6.4% 0.31% −0.05
TMO Thermo Fisher Scientific Inc. Reduce -6.3% 0.11% −0.05
ITW Illinois Tool Works Reduce -4.0% 0.31% −0.05
V Visa Inc. Class A Reduce -6.3% 0.29% −0.05
MA Mastercard Inc. Class A Reduce -6.4% 0.25% −0.04
ADBE Adobe Inc. Reduce -3.3% 0.26% −0.04
MUFG Mitsubishi Ufj Finl-Spon ADR Reduce -39.5% 0.04% −0.04
RTX RTX Corp. Reduce -6.4% 0.44% −0.03
SMFG Sumitomo Mitsui-Spons ADR Reduce -37.5% 0.04% −0.03

Portfolio Buys Q1 2025 → Q2 2025
AGG iShares Core U.S. Aggregate Add +458.2% 7.49% +6.00
VT Vanguard Tot World STK ETF Add +211.9% 7.49% +5.08
GEV GE Vernova Inc. Add +6886.7% 2.03% +2.01
AVGO Broadcom Inc. Add +1.8% 3.44% +1.16
GOVT iShares US Treasury Bond ETF New 0.80% +0.80
JNJ Johnson & Johnson Add +247.3% 1.19% +0.78
PM Philip Morris International New 0.77% +0.77
WMT Walmart Inc. Add +137.0% 1.21% +0.70
KO The Coca-Cola Co. Add +134.9% 1.30% +0.68
META Meta Platforms Inc. Class A Add +44.2% 1.68% +0.67
PG The Procter & Gamble Co. Add +113.7% 1.45% +0.64
LLY Eli Lilly & Co. Add +102.2% 1.12% +0.47
MRK Merck & Co. Inc. New 0.39% +0.39
AEP American Electric Power New 0.35% +0.35
COST Costco Wholesale Corp. New 0.35% +0.35
NVS Novartis AG-Sponsored ADR New 0.33% +0.33
MO Altria Group Inc. Add +164.3% 0.56% +0.32
T AT&T Inc. Add +47.9% 1.13% +0.30
VZ Verizon Communications Inc. Add +70.4% 0.92% +0.29
BCS Barclays PLC-Spons ADR New 0.28% +0.28
BTI British American Tob-SP ADR Add +107.3% 0.51% +0.27
NGG National Grid PLC-SP ADR New 0.26% +0.26
DUK Duke Energy Corp. Add +51.8% 1.06% +0.26
IBM Intl Business Machines Corp. Add +117.9% 0.33% +0.19
SO The Southern Co. Add +42.1% 0.72% +0.16
ISRG Intuitive Surgical Inc. Add +71.2% 0.33% +0.14
TSLA Tesla Inc. Add +3.1% 0.93% +0.11
BRK.B Berkshire Hathaway Inc. Class B Add +34.3% 1.18% +0.11
ABBV Abbvie Inc. Add +58.3% 0.48% +0.10
CL Colgate-Palmolive Co. New 0.09% +0.09
NVO Novo-Nordisk A/S-Spons ADR Add +179.4% 0.11% +0.07
PFE Pfizer Inc. New 0.06% +0.06
BHP BHP Group Ltd.-Spon ADR Add +67.0% 0.10% +0.03
RIO Rio Tinto PLC-Spon ADR Add +59.4% 0.10% +0.03
VRTX Vertex Pharmaceuticals Inc. Add +34.1% 0.18% +0.02
UNP Union Pacific Corp. Add +10.9% 0.47% −0.01

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