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
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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
ABBVIE INC.	COM	00287Y109	3,578	53,250	SH		SOLE		53,250	0	0
ACE LIMITED	COM	H0023R105	305	3,000	SH		SOLE		3,000	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	944	39,000	SH		SOLE		39,000	0	0
AETNA INC	COM	00817Y108	1,275	10,000	SH		SOLE		10,000	0	0
ALEXION PHARMACEUTICALS, INC.	COM	015351109	4,610	25,500	SH		SOLE		25,500	0	0
ALIBABA GROUP HLDS LTD	COM	01609W102	1,070	13,000	SH		SOLE		13,000	0	0
ALLERGAN PLC	COM	G0177J108	4,663	15,366	SH		SOLE		15,366	0	0
AMAZON.COM INC.	COM	023135106	2,605	6,000	SH		SOLE		6,000	0	0
ANTHEM INC(WELLPOINT)	COM	036752103	6,237	38,000	SH		SOLE		38,000	0	0
APPLE INC	COM	037833100	9,940	79,250	SH		SOLE		79,250	0	0
APPLIED MATERIALS	COM	038222105	1,730	90,000	SH		SOLE		90,000	0	0
ARM HOLDINGS PLC (ADR)	COM	042068106	271	5,500	SH		SOLE		5,500	0	0
ATMEL CORP	COM	049513104	562	57,000	SH		SOLE		57,000	0	0
BAKER HUGHES INCORPORATED	COM	057224107	10,797	175,000	SH		SOLE		175,000	0	0
BANK OF AMERICA	COM	060505104	19,709	1,158,000	SH		SOLE		1,158,000	0	0
BLACKROCK INC	COM	09247X101	550	1,590	SH		SOLE		1,590	0	0
BNP PARIBAS	COM	05565A202	603	20,000	SH		SOLE		20,000	0	0
BRISTOL MYERS SQUIBB	COM	110122108	798	12,000	SH		SOLE		12,000	0	0
BROADCOM CORP - CL A	COM	111320107	1,751	34,000	SH		SOLE		34,000	0	0
CARDICA INC.	COM	14141R101	105	210,000	SH		SOLE		210,000	0	0
CARDINAL HEALTH	COM	14149Y108	3,396	40,600	SH		SOLE		40,600	0	0
CELANESE CORP-SERIES A	COM	150870103	4,313	60,000	SH		SOLE		60,000	0	0
CITIGROUP	COM	172967424	15,578	282,000	SH		SOLE		282,000	0	0
CITRIX SYSTEM	COM	177376100	898	12,800	SH		SOLE		12,800	0	0
COMCAST CORPORATION	COM	20030N101	1,684	28,000	SH		SOLE		28,000	0	0
CONOCOPHILIPS	COM	20825C104	1,050	17,100	SH		SOLE		17,100	0	0
CUMMINS, INC.	COM	231021106	1,181	9,000	SH		SOLE		9,000	0	0
DELEK US HOLDINGS INC	COM	246647101	920	25,000	SH		SOLE		25,000	0	0
DISCOVER FINANCIAL SERVICES	COM	254709108	1,360	23,600	SH		SOLE		23,600	0	0
DRYSHIPS, INC.	COM	MHY2109Q1	328	545,828	SH		SOLE		545,828	0	0
EMERSON ELECTRIC CO	COM	291011104	2,993	54,000	SH		SOLE		54,000	0	0
EXXON	COM	30231G102	5,242	63,000	SH		SOLE		63,000	0	0
FASTENAL CO	COM	311900104	3,374	80,000	SH		SOLE		80,000	0	0
GENERAL ELECTRIC CO.	COM	369604103	2,923	110,000	SH		SOLE		110,000	0	0
GILEAD SCIENCES INC	COM	375558103	1,200	10,250	SH		SOLE		10,250	0	0
GOLDMAN SACHS GROUP	COM	38141G104	17,547	84,040	SH		SOLE		84,040	0	0
GOOGLE INC - CL A	COM	38259P508	2,646	4,900	SH		SOLE		4,900	0	0
GOOGLE INC NON-VOTING CL C	COM	38259P706	1,200	2,305	SH		SOLE		2,305	0	0
GRAINGER WW INC	COM	384802104	3,218	13,600	SH		SOLE		13,600	0	0
HCA HOLDINGS INC	COM	40412C101	907	10,000	SH		SOLE		10,000	0	0
HEALTH NET	COM	42222G108	872	13,600	SH		SOLE		13,600	0	0
HOLLYFRONTIER CORP	COM	436106108	427	10,000	SH		SOLE		10,000	0	0
HUMANA INC	COM	444859102	383	2,000	SH		SOLE		2,000	0	0
INTEL CORP	COM	458140100	1,430	47,000	SH		SOLE		47,000	0	0
INTERNATIONAL BUSINESS MACHINE	COM	459200101	1,431	8,800	SH		SOLE		8,800	0	0
JD COM INC	COM	47215P106	1,204	35,300	SH		SOLE		35,300	0	0
JP MORGAN	COM	46625H100	20,010	295,300	SH		SOLE		295,300	0	0
JUNIPER NETWORKS	COM	48203R104	909	35,000	SH		SOLE		35,000	0	0
KANSAS CITY SOUTHERN	COM	485170302	207	2,265	SH		SOLE		2,265	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	7,453	72,000	SH		SOLE		72,000	0	0
MEDIVATION, INC.	COM	58501N101	1,884	16,500	SH		SOLE		16,500	0	0
MERCK & CO. INC.	COM	58933Y105	626	11,000	SH		SOLE		11,000	0	0
METTLER TOLEDO	COM	592688105	1,810	5,300	SH		SOLE		5,300	0	0
MICROSOFT CORP	COM	594918104	5,894	133,500	SH		SOLE		133,500	0	0
MORGAN STANLEY	COM	617446448	16,287	419,870	SH		SOLE		419,870	0	0
NIKE INC.	COM	654106103	432	4,000	SH		SOLE		4,000	0	0
NXP SEMICONDUCTORS	COM	N6596X109	2,750	28,000	SH		SOLE		28,000	0	0
OCCIDENTAL PETROLEUM	COM	674599105	700	9,000	SH		SOLE		9,000	0	0
ORACLE CORP	COM	68389X105	766	19,000	SH		SOLE		19,000	0	0
PACIFIC DRILLING	COM	L7257P106	1,120	400,000	SH		SOLE		400,000	0	0
PALO ALTO NETWORKS INC	COM	697435105	349	2,000	SH		SOLE		2,000	0	0
PFIZER	COM	717081103	4,845	144,500	SH		SOLE		144,500	0	0
PRUDENTIAL PLC	COM	74435k204	486	10,000	SH		SOLE		10,000	0	0
PVTPL GDR LEVANESE CO FOR DEV	COM	522386101	485	42,264	SH		SOLE		42,264	0	0
REGENERON PHARMACTCLS	COM	75886F107	3,864	7,575	SH		SOLE		7,575	0	0
SANDISK CORP	COM	80004C101	1,048	18,000	SH		SOLE		18,000	0	0
SAP CORP	COM	803054204	948	13,500	SH		SOLE		13,500	0	0
SCORPIO BULKERS ORD	COM	Y7546A106	163	100,000	SH		SOLE		100,000	0	0
SEAGATE TECHNOLOGY HOLDINGS	COM	G7945M107	950	20,000	SH		SOLE		20,000	0	0
SHIRE PLC-ADR	COM	82481R106	2,004	8,300	SH		SOLE		8,300	0	0
SILICON LABORATORIES	COM	826919102	1,944	36,000	SH		SOLE		36,000	0	0
STATE STREET CORP	COM	857477103	1,232	16,000	SH		SOLE		16,000	0	0
STONEPATH GROUP INC	COM	861837102	1	679,800	SH		SOLE		679,800	0	0
TAIWAN SEMICONDUCTOR MFG CO	COM	874039100	6,170	271,670	SH		SOLE		271,670	0	0
THERMO FISHER SCIENTIFIC	COM	883556102	2,725	21,000	SH		SOLE		21,000	0	0
TRANSOCEAN INC	COM	H8817H100	564	35,000	SH		SOLE		35,000	0	0
TWENTY-FIRST CENTURY FOX	COM	90130A101	260	8,000	SH		SOLE		8,000	0	0
UNITEDHEALTH GROUP	COM	91324P102	4,392	36,000	SH		SOLE		36,000	0	0
VERTEX PHARMACEUTICALS	COM	92532F100	1,173	9,500	SH		SOLE		9,500	0	0
VIPSHOP HOLDINGS INC. ADR	COM	92763W103	1,954	87,820	SH		SOLE		87,820	0	0
VMWARE INC-CLASS A	COM	928563402	514	6,000	SH		SOLE		6,000	0	0
WALT DISNEY CO.	COM	254687106	850	7,450	SH		SOLE		7,450	0	0
WELLS FARGO&COMPANY	COM	949746101	10,911	194,000	SH		SOLE		194,000	0	0
YY INC.	COM	98426T106	1,571	22,600	SH		SOLE		22,600	0	0
ZOETIS INC	COM	98978V103	829	17,200	SH		SOLE		17,200	0	0
ZYNGA, INC.	COM	98986T108	4,161	1,455,000	SH		SOLE		1,455,000	0	0
CONSUMER STAPLES SPDR	ETF	81369Y308	13,626	286,255	SH		SOLE		286,255	0	0
DB COMMODITY INDEX FUND	ETF	73935S105	2,909	161,600	SH		SOLE		161,600	0	0
GUGGENHEIM S&P 500 EQUAL WEIGH	ETF	78355W106	4,734	59,327	SH		SOLE		59,327	0	0
ISHARE MSCI EMERGING MARKETS E	ETF	464287234	15,848	400,000	SH		SOLE		400,000	0	0
ISHARES 20+ YEAR TREASURY BOND	ETF	464287432	4,303	36,636	SH		SOLE		36,636	0	0
ISHARES CORE MSCI EMERGING MKT	ETF	46434G103	33,196	691,000	SH		SOLE		691,000	0	0
ISHARES CORE S&P MIDCAP ETF	ETF	464287507	13,138	87,600	SH		SOLE		87,600	0	0
ISHARES CORE TOTAL US BOND ETF	ETF	464287226	13,054	120,000	SH		SOLE		120,000	0	0
ISHARES DJ HOME	ETF	464288752	146,564	5,339,292	SH		SOLE		5,339,292	0	0
ISHARES DJ US REAL ESTATE	ETF	464287739	89,558	1,256,075	SH		SOLE		1,256,075	0	0
ISHARES JAPAN	ETF	464286848	5,700	445,000	SH		SOLE		445,000	0	0
ISHARES MSCI AUSTRALIA INDEX F	ETF	464286103	4,837	230,000	SH		SOLE		230,000	0	0
ISHARES MSCI CANADA INDEX	ETF	464286509	7,041	264,000	SH		SOLE		264,000	0	0
ISHARES MSCI USA MOMENTUM FACT	ETF	46432F396	6,689	93,636	SH		SOLE		93,636	0	0
ISHARES NORTH AMER NATURAL RES	ETF	464287374	113,841	3,137,842	SH		SOLE		3,137,842	0	0
ISHARES RUSSELL 2000 GROWTH ET	ETF	464287648	1,223	7,910	SH		SOLE		7,910	0	0
ISHARES S&P MIDCAP 400/GROWTH	ETF	464287606	6,792	40,072	SH		SOLE		40,072	0	0
ISHARES S&P100 ETF	ETF	464287101	787	8,663	SH		SOLE		8,663	0	0
MARKET VECTORS GOLD MINERS	ETF	57060U100	1,066	60,000	SH		SOLE		60,000	0	0
MID-CAP INDEX	ETF	78467Y107	10,764	39,399	SH		SOLE		39,399	0	0
MKT VCT JUNR GOLD	ETF	57061R544	483	20,000	SH		SOLE		20,000	0	0
MKT VECTORS OIL SERVICES	ETF	57060U191	1,745	50,000	SH		SOLE		50,000	0	0
POWERSHARES BUYBACK ACHIEVERS	ETF	73935X286	5,021	103,299	SH		SOLE		103,299	0	0
PROSHARES S&P500 HI DIV	ETF	73937B654	3,024	95,515	SH		SOLE		95,515	0	0
RUSSELL 2000 INDEX FUND	ETF	464287655	22,056	176,645	SH		SOLE		176,645	0	0
S&P 500 PURE GROWTH	ETF	78355W403	9,788	120,590	SH		SOLE		120,590	0	0
S&P 500 PURE VALUE	ETF	78355W304	9,627	179,681	SH		SOLE		179,681	0	0
S&P500 POWERSHARES VALUE LINE	ETF	73935X682	2,016	87,538	SH		SOLE		87,538	0	0
SELECT SECTOR SPDR-AGRICULTURE	ETF	57060U605	207,853	3,770,909	SH		SOLE		3,770,909	0	0
SELECT SECTOR SPDR-CONSUMER DI	ETF	81369Y407	81,837	1,070,050	SH		SOLE		1,070,050	0	0
SELECT SECTOR SPDR-ENERGY	ETF	81369Y506	44,194	588,000	SH		SOLE		588,000	0	0
SELECT SECTOR SPDR-FINANCIAL	ETF	81369Y605	112,023	4,594,871	SH		SOLE		4,594,871	0	0
SELECT SECTOR SPDR-HEALTH CARE	ETF	81369Y209	76,674	1,030,700	SH		SOLE		1,030,700	0	0
SELECT SECTOR SPDR-INDUSTRIAL	ETF	81369Y704	170,131	3,147,078	SH		SOLE		3,147,078	0	0
SELECT SECTOR SPDR-MATERIALS	ETF	81369Y100	62,648	1,294,654	SH		SOLE		1,294,654	0	0
SELECT SECTOR SPDR-TECHNOLOGY	ETF	81369Y803	121,267	2,929,154	SH		SOLE		2,929,154	0	0
SPDR BARCLAYS CAPITAL HY BOND	ETF	78464A417	10,585	275,445	SH		SOLE		275,445	0	0
SPDR S&P METALS&MINING	ETF	78464A755	45,267	1,860,535	SH		SOLE		1,860,535	0	0
SPDR S&P OIL & GAS EXPLORATION	ETF	78464A730	157,850	3,382,974	SH		SOLE		3,382,974	0	0
SPDR-S&P 500 INDEX	ETF	78462F103	51,146	248,464	SH		SOLE		248,464	0	0
SPDR-S&P DIVIDEND	ETF	78464A763	1,381	18,115	SH		SOLE		18,115	0	0
VANGUARD FTSE DEVELOPED MARKET	ETF	921943858	52,846	1,332,800	SH		SOLE		1,332,800	0	0
VANGUARD FTSE EUROPE ETF	ETF	922042874	9,446	175,000	SH		SOLE		175,000	0	0