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
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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
ADOBE SYSTEMS INC	COM	00724F101	1,454	13,400	SH		SOLE		13,400	0	0
AFFILIATED MANAGERS GROUP	COM	008252108	723	5,000	SH		SOLE		5,000	0	0
ALEXION PHARMACEUTICALS, INC.	COM	015351109	3,627	29,600	SH		SOLE		29,600	0	0
ALLERGAN PLC	COM	G0177J108	2,303	10,000	SH		SOLE		10,000	0	0
ALPHABET INC - CL A	COM	02079K305	3,779	4,700	SH		SOLE		4,700	0	0
ALPHABET INC NON-VOTING CL C	COM	02079K107	2,021	2,600	SH		SOLE		2,600	0	0
AMAZON.COM INC.	COM	023135106	5,443	6,500	SH		SOLE		6,500	0	0
AMERICAN EXPRESS CO.	COM	025816109	768	12,000	SH		SOLE		12,000	0	0
APPLE INC	COM	037833100	8,795	77,800	SH		SOLE		77,800	0	0
AT&T INC	COM	00206R102	2,030	50,000	SH		SOLE		50,000	0	0
BAKER HUGHES INCORPORATED	COM	057224107	1,009	20,000	SH		SOLE		20,000	0	0
BROADCOM LTD	COM	Y09827109	1,830	10,605	SH		SOLE		10,605	0	0
CATERPILLAR INC	COM	149123101	666	7,500	SH		SOLE		7,500	0	0
CITIGROUP	COM	172967424	2,645	56,000	SH		SOLE		56,000	0	0
CITRIX SYSTEM	COM	177376100	426	5,000	SH		SOLE		5,000	0	0
CME GROUP INC	COM	12572Q105	1,254	12,000	SH		SOLE		12,000	0	0
COMCAST CORPORATION	COM	20030N101	2,654	40,000	SH		SOLE		40,000	0	0
COMERICA INC.	COM	200340107	2,506	52,950	SH		SOLE		52,950	0	0
DENTSPLY INTL INC	COM	24906P109	2,377	40,000	SH		SOLE		40,000	0	0
DEXCOM INC.	COM	252131107	1,929	22,000	SH		SOLE		22,000	0	0
DISCOVER FINANCIAL SERVICES	COM	254709108	792	14,000	SH		SOLE		14,000	0	0
DOLBY LABORATORIES INC	COM	25659T107	760	14,000	SH		SOLE		14,000	0	0
EDWARDS LIFESCIENCES CORP.	COM	28176E108	3,665	30,400	SH		SOLE		30,400	0	0
EXPRESS SCRIPTS, INC	COM	30219G108	2,398	34,000	SH		SOLE		34,000	0	0
FACEBOOK	COM	30303M102	4,041	31,500	SH		SOLE		31,500	0	0
FIDELITY NATIONAL	COM	31620M106	1,387	18,000	SH		SOLE		18,000	0	0
FITBIT INC	COM	33812L102	1,781	120,000	SH		SOLE		120,000	0	0
GILEAD SCIENCES INC	COM	375558103	1,523	19,250	SH		SOLE		19,250	0	0
HALLIBURTON	COM	406216101	1,077	24,000	SH		SOLE		24,000	0	0
HEWLETT PACKARD	COM	40434L105	1,646	106,000	SH		SOLE		106,000	0	0
INTEL CORP	COM	458140100	1,774	47,000	SH		SOLE		47,000	0	0
INTERNATIONAL BUSINESS MACHINE	COM	459200101	1,334	8,400	SH		SOLE		8,400	0	0
JP MORGAN	COM	46625H100	3,862	58,000	SH		SOLE		58,000	0	0
KUSHNER-LOCKE CO	COM	501337109	0	352,050	SH		SOLE		352,050	0	0
LAM RESEARCH CORP	COM	512807108	947	10,000	SH		SOLE		10,000	0	0
LONGTOP FINANCIAL ADR	COM	543189108	3	94,200	SH		SOLE		94,200	0	0
MASCO CORP	COM	574599106	1,235	36,000	SH		SOLE		36,000	0	0
MERCK & CO. INC.	COM	58933Y105	2,559	41,000	SH		SOLE		41,000	0	0
MICROSOFT CORP	COM	594918104	3,398	59,000	SH		SOLE		59,000	0	0
MONSANTO CO	COM	61166W101	664	6,500	SH		SOLE		6,500	0	0
MORGAN STANLEY	COM	617446448	3,847	120,000	SH		SOLE		120,000	0	0
MYLAN, INC.	COM	N59465109	1,105	29,000	SH		SOLE		29,000	0	0
NAVIOS MARITIME HOLDINGS INC.	COM	Y62196103	30	25,000	SH		SOLE		25,000	0	0
NEWELL BRANDS INC	COM	651229106	1,001	19,000	SH		SOLE		19,000	0	0
NXP SEMICONDUCTORS	COM	N6596X109	6,029	59,100	SH		SOLE		59,100	0	0
ON SEMICONDUCTOR CORP	COM	682189105	1,478	120,000	SH		SOLE		120,000	0	0
ORACLE CORP	COM	68389X105	3,967	101,000	SH		SOLE		101,000	0	0
PALO ALTO NETWORKS INC	COM	697435105	1,593	10,000	SH		SOLE		10,000	0	0
PANDORA MEDIA INC	COM	698354107	2,637	184,000	SH		SOLE		184,000	0	0
PTC INC	COM	69370C100	1,772	40,000	SH		SOLE		40,000	0	0
PULTE GROUP	COM	745867101	2,593	129,400	SH		SOLE		129,400	0	0
PVTPL GDR LEVANESE CO FOR DEV	COM	522386101	393	42,264	SH		SOLE		42,264	0	0
RENAISSANCERE HLDGS LTD	COM	G7496G103	1,322	11,000	SH		SOLE		11,000	0	0
SEAGATE TECHNOLOGY HOLDINGS	COM	G7945M107	4,240	110,000	SH		SOLE		110,000	0	0
SHIRE PLC-ADR	COM	82481R106	5,428	28,000	SH		SOLE		28,000	0	0
SPIRIT AEROSYSTEMS HLDGS INC	COM	848574109	1,069	24,000	SH		SOLE		24,000	0	0
ST MICRO ELECTRONICS	COM	861012102	652	80,000	SH		SOLE		80,000	0	0
STONEPATH GROUP INC	COM	861837102	0	679,800	SH		SOLE		679,800	0	0
TEXAS INSTRUMENTS	COM	882508104	842	12,000	SH		SOLE		12,000	0	0
TRANSOCEAN INC	COM	H8817H100	1,759	165,000	SH		SOLE		165,000	0	0
TRIPADVISOR INC	COM	896945201	1,453	23,000	SH		SOLE		23,000	0	0
TWITTER INC	COM	90184L102	3,043	132,000	SH		SOLE		132,000	0	0
UNITED THERAPEUTICS CORP	COM	91307C102	4,416	37,400	SH		SOLE		37,400	0	0
UNITEDHEALTH GROUP	COM	91324P102	1,400	10,000	SH		SOLE		10,000	0	0
VANTIV INC	COM	92210H105	506	9,000	SH		SOLE		9,000	0	0
VERIZON COMMUNICATION INC.	COM	92343V104	3,327	64,000	SH		SOLE		64,000	0	0
VOLKSWAGEN AG	COM	928662303	2,438	84,000	SH		SOLE		84,000	0	0
WALT DISNEY CO.	COM	254687106	1,746	18,800	SH		SOLE		18,800	0	0
WESTERN DIGITAL CORP	COM	958102105	1,199	20,500	SH		SOLE		20,500	0	0
ZOETIS INC	COM	98978V103	1,196	23,000	SH		SOLE		23,000	0	0
ZYNGA, INC.	COM	98986T108	3,594	1,235,000	SH		SOLE		1,235,000	0	0
CCL INDUSTRIES CLB (2417028)	COM	2159795	1,922	10,000	SH		SOLE		10,000	0	0
CONSUMER STAPLES SPDR	ETF	81369Y308	65,635	1,233,512	SH		SOLE		1,233,512	0	0
DB COMMODITY INDEX FUND	ETF	73935S105	3,828	255,000	SH		SOLE		255,000	0	0
ISHARE MSCI EMERGING MARKETS E	ETF	464287234	12,733	340,000	SH		SOLE		340,000	0	0
ISHARES CORE MSCI EMERGING MKT	ETF	46434G103	57,861	1,268,593	SH		SOLE		1,268,593	0	0
ISHARES CORE S&P MIDCAP ETF	ETF	464287507	3,117	20,150	SH		SOLE		20,150	0	0
ISHARES CORE TOTAL US BOND ETF	ETF	464287226	18,662	166,000	SH		SOLE		166,000	0	0
ISHARES DJ US REAL ESTATE	ETF	464287739	65,318	810,000	SH		SOLE		810,000	0	0
ISHARES JAPAN	ETF	464286848	15,186	1,211,000	SH		SOLE		1,211,000	0	0
ISHARES MSCI AUSTRALIA INDEX F	ETF	464286103	11,767	563,000	SH		SOLE		563,000	0	0
ISHARES MSCI CANADA INDEX	ETF	464286509	16,993	661,447	SH		SOLE		661,447	0	0
ISHARES MSCI EAFE GROWTH	ETF	464288885	2,696	39,420	SH		SOLE		39,420	0	0
ISHARES MSCI EAFE SMALL CAP	ETF	464288273	2,009	38,332	SH		SOLE		38,332	0	0
ISHARES MSCI EAFE VALUE	ETF	464288877	1,744	37,777	SH		SOLE		37,777	0	0
ISHARES MSCI EUROPE FINANCIALS	ETF	464289180	4,633	270,000	SH		SOLE		270,000	0	0
ISHARES MSCI UNITED KINGDOM	ETF	46434V548	3,311	209,000	SH		SOLE		209,000	0	0
ISHARES MSCI USA MOMENTUM FACT	ETF	46432F396	6,487	83,847	SH		SOLE		83,847	0	0
ISHARES NASDAQ BIOTECH	ETF	464287556	4,342	15,000	SH		SOLE		15,000	0	0
ISHARES RUSSELL 2000 VALUE ETF	ETF	464287630	2,062	19,681	SH		SOLE		19,681	0	0
ISHARES S&P 500 GROWTH ETF	ETF	464287309	1,975	16,237	SH		SOLE		16,237	0	0
ISHARES S&P 500 VALUE ETF	ETF	464287408	3,131	32,969	SH		SOLE		32,969	0	0
ISHARES S&P MIDCAP 400/GROWTH	ETF	464287606	7,457	42,676	SH		SOLE		42,676	0	0
ISHARES S&P MIDCAP 400/VALUE E	ETF	464287705	6,497	48,849	SH		SOLE		48,849	0	0
ISHARES S&P100 ETF	ETF	464287101	13,320	138,847	SH		SOLE		138,847	0	0
JP MORGAN ALERIAN MLP	ETF	46625H365	4,882	155,000	SH		SOLE		155,000	0	0
NASDAQ 100 MFC POWERSHARES	ETF	73935A104	3,562	30,000	SH		SOLE		30,000	0	0
POWERSHARES S&P 500 LOW	ETF	73937B779	1,586	38,233	SH		SOLE		38,233	0	0
POWERSHARES S&P 500 QUALITY	ETF	73935X682	3,634	144,318	SH		SOLE		144,318	0	0
PROSHARES S&P500 HI DIV	ETF	73937B654	2,317	59,546	SH		SOLE		59,546	0	0
RUSSELL 2000 INDEX FUND	ETF	464287655	7,221	58,136	SH		SOLE		58,136	0	0
S&P 500 PURE GROWTH	ETF	78355W403	3,170	37,633	SH		SOLE		37,633	0	0
S&P 500 PURE VALUE	ETF	78355W304	2,019	38,183	SH		SOLE		38,183	0	0
SELECT SECTOR SPDR- REAL ESTAT	ETF	81369Y860	22,732	693,693	SH		SOLE		693,693	0	0
SELECT SECTOR SPDR-CONSUMER DI	ETF	81369Y407	78,376	979,210	SH		SOLE		979,210	0	0
SELECT SECTOR SPDR-ENERGY	ETF	81369Y506	49,972	707,718	SH		SOLE		707,718	0	0
SELECT SECTOR SPDR-FINANCIAL	ETF	81369Y605	92,972	4,817,218	SH		SOLE		4,817,218	0	0
SELECT SECTOR SPDR-HEALTH CARE	ETF	81369Y209	73,783	1,023,200	SH		SOLE		1,023,200	0	0
SELECT SECTOR SPDR-INDUSTRIAL	ETF	81369Y704	64,449	1,103,950	SH		SOLE		1,103,950	0	0
SELECT SECTOR SPDR-MATERIALS	ETF	81369Y100	20,812	435,844	SH		SOLE		435,844	0	0
SELECT SECTOR SPDR-TECHNOLOGY	ETF	81369Y803	120,652	2,525,162	SH		SOLE		2,525,162	0	0
SELECT SECTOR SPDR-UTILITIES	ETF	81369Y886	22,809	465,575	SH		SOLE		465,575	0	0
SPDR S&P OIL & GAS EXPLORATION	ETF	78464A730	7,461	194,000	SH		SOLE		194,000	0	0
SPDR-S&P 500 INDEX	ETF	78462F103	19,973	92,340	SH		SOLE		92,340	0	0
SPDR-S&P DIVIDEND	ETF	78464A763	5,400	64,017	SH		SOLE		64,017	0	0
VANECK VECTORS GOLD MINERS	ETF	92189F106	3,172	120,000	SH		SOLE		120,000	0	0
VANECK VECTORS JUNIOR GOLD MIN	ETF	92189F791	2,214	50,000	SH		SOLE		50,000	0	0
VANECK VECTORS OIL SERVICES ET	ETF	92189F718	908	31,000	SH		SOLE		31,000	0	0
VANGUARD FTSE DEVELOPED MARKET	ETF	921943858	25,813	690,000	SH		SOLE		690,000	0	0
VANGUARD FTSE EUROPE ETF	ETF	922042874	8,430	173,000	SH		SOLE		173,000	0	0
LYXOR UCITS ETF STOXX EUROPE 6	ETF	b1vffn8	23,062	1,244,500	SH		SOLE		1,244,500	0	0