Lockheed Martin Investment Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABERCROMBIE&FITCH	COM	002896207	822	19,000	SH		SOLE		19,000	0	0
ACE LIMITED	COM	H0023R105	2,281	22,000	SH		SOLE		22,000	0	0
AGILENT TECHNOLOGY	COM	00846U101	1,677	29,200	SH		SOLE		29,200	0	0
ALLERGAN INC.	COM	018490102	4,264	25,200	SH		SOLE		25,200	0	0
AMAZON.COM INC.	COM	023135106	1,624	5,000	SH		SOLE		5,000	0	0
AMERICAN EXPRESS CO.	COM	025816109	3,605	38,000	SH		SOLE		38,000	0	0
AMERICAN INTL GROUP	COM	026874784	546	10,000	SH		SOLE		10,000	0	0
APACHE CORP	COM	037411105	201	2,000	SH		SOLE		2,000	0	0
APPLE INC	COM	037833100	15,937	171,500	SH		SOLE		171,500	0	0
APPLIED MATERIALS	COM	038222105	3,405	151,000	SH		SOLE		151,000	0	0
ARM HOLDINGS PLC (ADR)	COM	042068106	1,538	34,000	SH		SOLE		34,000	0	0
AT&T INC	COM	00206R102	3,112	88,000	SH		SOLE		88,000	0	0
AURICO GOLD ORD	COM	05155C105	85	20,000	SH		SOLE		20,000	0	0
BAIDU, INC.	COM	056752108	1,551	8,300	SH		SOLE		8,300	0	0
BALTIC TRADING	COM	Y0553W103	233	39,000	SH		SOLE		39,000	0	0
BANK OF AMERICA	COM	060505104	7,977	519,000	SH		SOLE		519,000	0	0
BIOGEN IDEC INC	COM	09062X103	3,721	11,800	SH		SOLE		11,800	0	0
BLACKROCK INC	COM	09247X101	1,406	4,400	SH		SOLE		4,400	0	0
BROADCOM CORP - CL A	COM	111320107	3,786	102,000	SH		SOLE		102,000	0	0
BRUKER CORP	COM	116794108	1,068	44,000	SH		SOLE		44,000	0	0
CARDICA INC.	COM	14141R101	239	210,000	SH		SOLE		210,000	0	0
CELANESE CORP-SERIES A	COM	150870103	1,093	17,000	SH		SOLE		17,000	0	0
CHEVRON	COM	166764100	2,742	21,000	SH		SOLE		21,000	0	0
CISCO SYSTEMS INC	COM	17275R102	2,162	87,000	SH		SOLE		87,000	0	0
CITIGROUP	COM	172967424	1,083	23,000	SH		SOLE		23,000	0	0
COMCAST CORPORATION	COM	20030N101	3,758	70,000	SH		SOLE		70,000	0	0
CONOCOPHILIPS	COM	20825C104	343	4,000	SH		SOLE		4,000	0	0
CUMMINS, INC.	COM	231021106	509	3,300	SH		SOLE		3,300	0	0
DEXCOM INC.	COM	252131107	496	12,500	SH		SOLE		12,500	0	0
DISCOVER FINANCIAL SERVICES	COM	254709108	5,151	83,100	SH		SOLE		83,100	0	0
DRYSHIPS, INC.	COM	MHY2109Q1	554	172,000	SH		SOLE		172,000	0	0
EXXON	COM	30231G102	10,370	103,000	SH		SOLE		103,000	0	0
FACEBOOK	COM	30303M102	2,530	37,600	SH		SOLE		37,600	0	0
FLUOR CORP	COM	343412102	846	11,000	SH		SOLE		11,000	0	0
FRONTLINE LTD.	COM	G3682E127	380	130,000	SH		SOLE		130,000	0	0
GENERAL ELECTRIC CO.	COM	369604103	9,014	343,000	SH		SOLE		343,000	0	0
GILEAD SCIENCES INC	COM	375558103	4,892	59,000	SH		SOLE		59,000	0	0
GOLDMAN SACHS GROUP	COM	38141G104	1,842	11,000	SH		SOLE		11,000	0	0
GOOGLE INC - CL A	COM	38259P508	6,607	11,300	SH		SOLE		11,300	0	0
GOOGLE INC NON-VOTING CL C	COM	38259P706	2,065	3,590	SH		SOLE		3,590	0	0
HALLIBURTON	COM	406216101	1,633	23,000	SH		SOLE		23,000	0	0
HARLEY-DAVIDSON INC	COM	412822108	768	11,000	SH		SOLE		11,000	0	0
INTERNATIONAL BUSINESS MACHINE	COM	459200101	1,269	7,000	SH		SOLE		7,000	0	0
INTUTIVE SURGICAL, INC.	COM	46120E602	461	1,120	SH		SOLE		1,120	0	0
JOHNSON & JOHNSON	COM	478160104	4,185	40,000	SH		SOLE		40,000	0	0
JP MORGAN	COM	46625H100	10,602	184,000	SH		SOLE		184,000	0	0
KUSHNER-LOCKE CO	COM	501337109	0	352,050	SH		SOLE		352,050	0	0
LONGTOP FINANCIAL ADR	COM	543189108	3	94,200	SH		SOLE		94,200	0	0
LYDONDELLBASELL INDU - CL A	COM	N53745100	6,054	62,000	SH		SOLE		62,000	0	0
MASTERCARD INC	COM	57636Q104	2,760	37,573	SH		SOLE		37,573	0	0
MERCK & CO. INC.	COM	58933Y105	2,777	48,000	SH		SOLE		48,000	0	0
MICRO TECH	COM	595112103	395	12,000	SH		SOLE		12,000	0	0
MICROSOFT CORP	COM	594918104	9,174	220,000	SH		SOLE		220,000	0	0
MORGAN STANLEY	COM	617446448	5,819	180,000	SH		SOLE		180,000	0	0
NEW ORIENTAL EDUCATION & TECH	COM	647581107	1,362	51,274	SH		SOLE		51,274	0	0
NIKE INC.	COM	654106103	853	11,000	SH		SOLE		11,000	0	0
NXP SEMICONDUCTORS	COM	N6596X109	3,309	50,000	SH		SOLE		50,000	0	0
OCCIDENTAL PETROLEUM	COM	674599105	1,232	12,000	SH		SOLE		12,000	0	0
OMNICELL	COM	68213N109	919	32,000	SH		SOLE		32,000	0	0
ORACLE CORP	COM	68389X105	2,553	63,000	SH		SOLE		63,000	0	0
PANDORA MEDIA INC	COM	698354107	1,799	61,000	SH		SOLE		61,000	0	0
PFIZER	COM	717081103	3,992	134,500	SH		SOLE		134,500	0	0
PRECISION CASTPARTS	COM	740189105	757	3,000	SH		SOLE		3,000	0	0
PVTPL GDR LEVANESE CO FOR DEV	COM	522386101	566	42,264	SH		SOLE		42,264	0	0
QIHOO 360 TECHNOLOGY CO	COM	74734M109	1,552	16,861	SH		SOLE		16,861	0	0
ROCKWELL AUTOMATON	COM	773903109	626	5,000	SH		SOLE		5,000	0	0
SALESFORCE.COM	COM	79466L302	302	5,200	SH		SOLE		5,200	0	0
SANDISK CORP	COM	80004C101	1,253	12,000	SH		SOLE		12,000	0	0
SCHLUMBERGER LTD	COM	806857108	2,595	22,000	SH		SOLE		22,000	0	0
SCORPIO BULKERS ORD	COM	Y7546A106	347	39,000	SH		SOLE		39,000	0	0
SEAGATE TECHNOLOGY HOLDINGS	COM	G7945M107	3,438	60,500	SH		SOLE		60,500	0	0
STONEPATH GROUP INC	COM	861837102	0	679,800	SH		SOLE		679,800	0	0
STRYKER CORP	COM	863667101	2,108	25,000	SH		SOLE		25,000	0	0
TAIWAN SEMICONDUCTOR MFG CO	COM	874039100	2,984	139,500	SH		SOLE		139,500	0	0
TEXAS INSTRUMENTS	COM	882508104	2,055	43,000	SH		SOLE		43,000	0	0
THE BOEING CO	COM	097023105	763	6,000	SH		SOLE		6,000	0	0
THE PRICELINE GROUP INC	COM	741503403	1,913	1,590	SH		SOLE		1,590	0	0
THERMO FISHER SCIENTIFIC	COM	883556102	2,478	21,000	SH		SOLE		21,000	0	0
TWENTY-FIRST CENTURY FOX	COM	90130A101	949	27,000	SH		SOLE		27,000	0	0
UNITEDHEALTH GROUP	COM	91324P102	6,213	76,000	SH		SOLE		76,000	0	0
US BANCORP	COM	902973304	1,776	41,000	SH		SOLE		41,000	0	0
VCA INC.	COM	918194101	1,053	30,000	SH		SOLE		30,000	0	0
VERIZON COMMUNICATION INC.	COM	92343V104	3,474	71,000	SH		SOLE		71,000	0	0
VIPSHOP HOLDINGS INC. ADR	COM	92763W103	2,253	12,000	SH		SOLE		12,000	0	0
VISA INC	COM	92826C839	632	3,000	SH		SOLE		3,000	0	0
WALT DISNEY CO.	COM	254687106	1,715	20,000	SH		SOLE		20,000	0	0
WATERS CORP	COM	941848103	940	9,000	SH		SOLE		9,000	0	0
WELLS FARGO&COMPANY	COM	949746101	1,419	27,000	SH		SOLE		27,000	0	0
WESTERN DIGITAL CORP	COM	958102105	1,800	19,500	SH		SOLE		19,500	0	0
YELP INC	COM	985817105	2,531	33,009	SH		SOLE		33,009	0	0
YY INC.	COM	98426T106	1,367	18,100	SH		SOLE		18,100	0	0
ZILLOW, INC.	COM	98954A107	1,858	13,000	SH		SOLE		13,000	0	0
ZYNGA, INC.	COM	98986T108	2,247	700,000	SH		SOLE		700,000	0	0
CONSUMER STAPLES SPDR	ETF	81369Y308	65,413	1,466,000	SH		SOLE		1,466,000	0	0
DB COMMODITY INDEX FUND	ETF	73935S105	4,295	161,600	SH		SOLE		161,600	0	0
GUGGENHEIM S&P 500 EQUAL WEIGH	ETF	78355W106	12,184	158,838	SH		SOLE		158,838	0	0
ISHARE MSCI EMERGING MARKETS E	ETF	464287234	24,857	575,000	SH		SOLE		575,000	0	0
ISHARES CORE MSCI EMERGING MKT	ETF	46434G103	43,025	832,200	SH		SOLE		832,200	0	0
ISHARES CORE TOTAL US BOND ETF	ETF	464287226	13,128	120,000	SH		SOLE		120,000	0	0
ISHARES DJ HOME	ETF	464288752	136,161	5,490,373	SH		SOLE		5,490,373	0	0
ISHARES DJ US REAL ESTATE	ETF	464287739	91,833	1,279,190	SH		SOLE		1,279,190	0	0
ISHARES MSCI MEXICO	ETF	464286822	3,390	50,000	SH		SOLE		50,000	0	0
ISHARES MSCI USA MOMENTUM FACT	ETF	46432F396	8,189	129,446	SH		SOLE		129,446	0	0
ISHARES NORTH AMER NATURAL RES	ETF	464287374	116,463	2,331,583	SH		SOLE		2,331,583	0	0
ISHARES S&P MIDCAP 400/GROWTH	ETF	464287606	10,446	66,499	SH		SOLE		66,499	0	0
ISHARES S&P MIDCAP 400/VALUE E	ETF	464287705	5,315	41,875	SH		SOLE		41,875	0	0
MARKET VECTORS GOLD MINERS	ETF	57060U100	13,675	517,000	SH		SOLE		517,000	0	0
MID-CAP INDEX	ETF	78467Y107	55,630	213,500	SH		SOLE		213,500	0	0
MKT VCT JUNR GOLD	ETF	57061R544	8,410	199,000	SH		SOLE		199,000	0	0
MKT VECTORS OIL SERVICES	ETF	57060U191	2,137	37,000	SH		SOLE		37,000	0	0
POWERSHARES BUYBACK ACHIEVERS	ETF	73935X286	8,122	181,101	SH		SOLE		181,101	0	0
POWERSHARES ETF TRUST II	ETF	73937B779	4,641	130,400	SH		SOLE		130,400	0	0
RUSSELL 2000 INDEX FUND	ETF	464287655	9,810	82,573	SH		SOLE		82,573	0	0
S&P 500 PURE GROWTH	ETF	78355W403	12,637	163,464	SH		SOLE		163,464	0	0
S&P 500 PURE VALUE	ETF	78355W304	12,707	233,847	SH		SOLE		233,847	0	0
S&P SM 600 VALUE	ETF	464287879	4,694	40,665	SH		SOLE		40,665	0	0
SELECT SECTOR SPDR-AGRICULTURE	ETF	57060U605	183,736	3,340,040	SH		SOLE		3,340,040	0	0
SELECT SECTOR SPDR-CONSUMER DI	ETF	81369Y407	72,313	1,083,500	SH		SOLE		1,083,500	0	0
SELECT SECTOR SPDR-ENERGY	ETF	81369Y506	75,370	752,950	SH		SOLE		752,950	0	0
SELECT SECTOR SPDR-FINANCIAL	ETF	81369Y605	129,820	5,708,877	SH		SOLE		5,708,877	0	0
SELECT SECTOR SPDR-HEALTH CARE	ETF	81369Y209	81,679	1,342,739	SH		SOLE		1,342,739	0	0
SELECT SECTOR SPDR-INDUSTRIAL	ETF	81369Y704	177,209	3,278,010	SH		SOLE		3,278,010	0	0
SELECT SECTOR SPDR-MATERIALS	ETF	81369Y100	79,927	1,610,126	SH		SOLE		1,610,126	0	0
SELECT SECTOR SPDR-TECHNOLOGY	ETF	81369Y803	115,186	3,003,540	SH		SOLE		3,003,540	0	0
SELECT SECTOR SPDR-UTILITIES	ETF	81369Y886	20,537	464,000	SH		SOLE		464,000	0	0
SPDR BARCLAYS CAPITAL CONVERTI	ETF	78464A359	18,619	368,700	SH		SOLE		368,700	0	0
SPDR S&P METALS&MINING	ETF	78464A755	47,546	1,125,338	SH		SOLE		1,125,338	0	0
SPDR S&P OIL & GAS EXPLORATION	ETF	78464A730	200,772	2,440,110	SH		SOLE		2,440,110	0	0
SPDR-S&P 500 INDEX	ETF	78462F103	47,238	241,356	SH		SOLE		241,356	0	0
SPDR-S&P DIVIDEND	ETF	78464A763	2,002	26,141	SH		SOLE		26,141	0	0
VANGUARD FTSE DEVELOPED MARKET	ETF	921943858	45,541	1,069,300	SH		SOLE		1,069,300	0	0