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	1,380	13,400	SH		SOLE		13,400	0	0
AFFILIATED MANAGERS GROUP	COM	008252108	1,453	10,000	SH		SOLE		10,000	0	0
ALEXION PHARMACEUTICALS, INC.	COM	015351109	2,471	20,200	SH		SOLE		20,200	0	0
ALIBABA GROUP HLDS LTD	COM	01609W102	1,177	13,400	SH		SOLE		13,400	0	0
ALLERGAN PLC	COM	G0177J108	3,549	16,900	SH		SOLE		16,900	0	0
ALPHABET INC - CL A	COM	02079K305	4,715	5,950	SH		SOLE		5,950	0	0
ALPHABET INC NON-VOTING CL C	COM	02079K107	2,701	3,500	SH		SOLE		3,500	0	0
AMAZON.COM INC.	COM	023135106	5,549	7,400	SH		SOLE		7,400	0	0
AMERICAN EXPRESS CO.	COM	025816109	1,578	21,300	SH		SOLE		21,300	0	0
APPLE INC	COM	037833100	8,788	75,880	SH		SOLE		75,880	0	0
AT&T INC	COM	00206R102	2,222	52,240	SH		SOLE		52,240	0	0
BAKER HUGHES INCORPORATED	COM	057224107	1,299	20,000	SH		SOLE		20,000	0	0
BROADCOM LTD	COM	Y09827109	1,875	10,605	SH		SOLE		10,605	0	0
CHEVRON	COM	166764100	1,221	10,370	SH		SOLE		10,370	0	0
CITIGROUP	COM	172967424	3,328	56,000	SH		SOLE		56,000	0	0
CITRIX SYSTEM	COM	177376100	495	5,540	SH		SOLE		5,540	0	0
CME GROUP INC	COM	12572Q105	1,384	12,000	SH		SOLE		12,000	0	0
COMCAST CORPORATION	COM	20030N101	2,852	41,300	SH		SOLE		41,300	0	0
COMERICA INC.	COM	200340107	2,520	37,000	SH		SOLE		37,000	0	0
DOLBY LABORATORIES INC	COM	25659T107	1,085	24,000	SH		SOLE		24,000	0	0
EDWARDS LIFESCIENCES CORP.	COM	28176E108	1,312	14,000	SH		SOLE		14,000	0	0
EQUITY RESIDENTIAL	COM	29476L107	618	9,600	SH		SOLE		9,600	0	0
EXPRESS SCRIPTS, INC	COM	30219G108	2,339	34,000	SH		SOLE		34,000	0	0
EXXON	COM	30231G102	6,082	67,380	SH		SOLE		67,380	0	0
FACEBOOK	COM	30303M102	4,383	38,100	SH		SOLE		38,100	0	0
FIDELITY NATIONAL	COM	31620M106	1,362	18,000	SH		SOLE		18,000	0	0
GENERAL ELECTRIC CO.	COM	369604103	3,473	109,900	SH		SOLE		109,900	0	0
GILEAD SCIENCES INC	COM	375558103	1,378	19,250	SH		SOLE		19,250	0	0
HALLIBURTON	COM	406216101	1,298	24,000	SH		SOLE		24,000	0	0
HEWLETT PACKARD	COM	40434L105	856	57,660	SH		SOLE		57,660	0	0
INTEL CORP	COM	458140100	1,301	35,880	SH		SOLE		35,880	0	0
INTERNATIONAL BUSINESS MACHINE	COM	459200101	1,889	11,380	SH		SOLE		11,380	0	0
JOHNSON & JOHNSON	COM	478160104	1,336	11,600	SH		SOLE		11,600	0	0
JP MORGAN	COM	46625H100	5,005	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	1,057	10,000	SH		SOLE		10,000	0	0
LONGTOP FINANCIAL ADR	COM	543189108	3	94,200	SH		SOLE		94,200	0	0
MERCK & CO. INC.	COM	58933Y105	2,219	37,700	SH		SOLE		37,700	0	0
MICROSOFT CORP	COM	594918104	5,375	86,500	SH		SOLE		86,500	0	0
MORGAN STANLEY	COM	617446448	5,070	120,000	SH		SOLE		120,000	0	0
NAVIOS MARITIME HOLDINGS INC.	COM	Y62196103	35	25,000	SH		SOLE		25,000	0	0
NEWELL BRANDS INC	COM	651229106	848	19,000	SH		SOLE		19,000	0	0
NXP SEMICONDUCTORS	COM	N6596X109	1,588	16,200	SH		SOLE		16,200	0	0
ON SEMICONDUCTOR CORP	COM	682189105	849	66,540	SH		SOLE		66,540	0	0
ORACLE CORP	COM	68389X105	2,332	60,660	SH		SOLE		60,660	0	0
PANDORA MEDIA INC	COM	698354107	926	70,980	SH		SOLE		70,980	0	0
PFIZER	COM	717081103	944	29,050	SH		SOLE		29,050	0	0
PTC INC	COM	69370C100	1,851	40,000	SH		SOLE		40,000	0	0
PVTPL GDR LEVANESE CO FOR DEV	COM	522386101	453	43,647	SH		SOLE		43,647	0	0
RENAISSANCERE HLDGS LTD	COM	G7496G103	1,498	11,000	SH		SOLE		11,000	0	0
SEAGATE TECHNOLOGY HOLDINGS	COM	G7945M107	3,512	92,000	SH		SOLE		92,000	0	0
SHIRE PLC-ADR	COM	82481R106	2,045	12,000	SH		SOLE		12,000	0	0
SPIRIT AEROSYSTEMS HLDGS INC	COM	848574109	700	12,000	SH		SOLE		12,000	0	0
ST MICRO ELECTRONICS	COM	861012102	1,007	88,720	SH		SOLE		88,720	0	0
STONEPATH GROUP INC	COM	861837102	0	679,800	SH		SOLE		679,800	0	0
SUMMIT MATERIALS INC	COM	86614U100	1,517	63,756	SH		SOLE		63,756	0	0
TEXAS INSTRUMENTS	COM	882508104	486	6,660	SH		SOLE		6,660	0	0
TRANSOCEAN INC	COM	H8817H100	2,432	165,000	SH		SOLE		165,000	0	0
TRIPADVISOR INC	COM	896945201	1,067	23,000	SH		SOLE		23,000	0	0
UNITED THERAPEUTICS CORP	COM	91307C102	2,837	19,780	SH		SOLE		19,780	0	0
UNITEDHEALTH GROUP	COM	91324P102	1,600	10,000	SH		SOLE		10,000	0	0
US CONCRETE INC	COM	90333L201	1,703	26,000	SH		SOLE		26,000	0	0
VANTIV INC	COM	92210H105	537	9,000	SH		SOLE		9,000	0	0
VERINT SYSTEMS INC	COM	92343X100	564	16,000	SH		SOLE		16,000	0	0
VERIZON COMMUNICATION INC.	COM	92343V104	3,685	69,030	SH		SOLE		69,030	0	0
VOLKSWAGEN AG	COM	928662303	2,423	84,000	SH		SOLE		84,000	0	0
WALT DISNEY CO.	COM	254687106	948	9,100	SH		SOLE		9,100	0	0
WESTERN DIGITAL CORP	COM	958102105	1,529	22,500	SH		SOLE		22,500	0	0
ZOETIS INC	COM	98978V103	1,071	20,000	SH		SOLE		20,000	0	0
ZYNGA, INC.	COM	98986T108	2,979	1,159,000	SH		SOLE		1,159,000	0	0
CONSUMER STAPLES SPDR	ETF	81369Y308	65,178	1,260,460	SH		SOLE		1,260,460	0	0
DB COMMODITY INDEX FUND	ETF	73935S105	4,039	255,000	SH		SOLE		255,000	0	0
ISHARE MSCI EMERGING MARKETS E	ETF	464287234	8,770	250,500	SH		SOLE		250,500	0	0
ISHARES CORE MSCI EMERGING MKT	ETF	46434G103	53,735	1,265,851	SH		SOLE		1,265,851	0	0
ISHARES CORE S&P MIDCAP ETF	ETF	464287507	2,221	13,434	SH		SOLE		13,434	0	0
ISHARES CORE TOTAL US BOND ETF	ETF	464287226	27,663	256,000	SH		SOLE		256,000	0	0
ISHARES DJ US REAL ESTATE	ETF	464287739	62,606	813,700	SH		SOLE		813,700	0	0
ISHARES JAPAN	ETF	46434G822	22,257	455,525	SH		SOLE		455,525	0	0
ISHARES MSCI AUSTRALIA INDEX F	ETF	464286103	13,872	685,700	SH		SOLE		685,700	0	0
ISHARES MSCI CANADA INDEX	ETF	464286509	23,994	917,535	SH		SOLE		917,535	0	0
ISHARES MSCI EAFE GROWTH	ETF	464288885	4,219	66,237	SH		SOLE		66,237	0	0
ISHARES MSCI EAFE SMALL CAP	ETF	464288273	3,017	60,542	SH		SOLE		60,542	0	0
ISHARES MSCI EAFE VALUE	ETF	464288877	6,861	145,202	SH		SOLE		145,202	0	0
ISHARES MSCI EUROPE FINANCIALS	ETF	464289180	5,119	270,000	SH		SOLE		270,000	0	0
ISHARES MSCI UNITED KINGDOM	ETF	46435G334	5,681	185,120	SH		SOLE		185,120	0	0
ISHARES MSCI USA MOMENTUM FACT	ETF	46432F396	4,042	53,276	SH		SOLE		53,276	0	0
ISHARES NASDAQ BIOTECH	ETF	464287556	1,990	7,500	SH		SOLE		7,500	0	0
ISHARES RUSSELL 2000 VALUE ETF	ETF	464287630	1,163	9,778	SH		SOLE		9,778	0	0
ISHARES S&P 500 GROWTH ETF	ETF	464287309	4,248	34,878	SH		SOLE		34,878	0	0
ISHARES S&P 500 VALUE ETF	ETF	464287408	11,642	114,833	SH		SOLE		114,833	0	0
ISHARES S&P MIDCAP 400/GROWTH	ETF	464287606	11,099	60,915	SH		SOLE		60,915	0	0
ISHARES S&P MIDCAP 400/VALUE E	ETF	464287705	9,450	65,081	SH		SOLE		65,081	0	0
ISHARES S&P SMALLCAP 600	ETF	464287804	996	7,243	SH		SOLE		7,243	0	0
JP MORGAN ALERIAN MLP	ETF	46625H365	4,900	155,000	SH		SOLE		155,000	0	0
POWERSHARES BUYBACK ACHIEVERS	ETF	73935X286	3,507	69,504	SH		SOLE		69,504	0	0
POWERSHARES S&P 500 LOW	ETF	73937B779	4,572	109,965	SH		SOLE		109,965	0	0
POWERSHARES S&P 500 QUALITY	ETF	73935X682	5,640	217,012	SH		SOLE		217,012	0	0
PROSHARES S&P500 HI DIV	ETF	73937B654	1,302	33,222	SH		SOLE		33,222	0	0
RUSSELL 2000 INDEX FUND	ETF	464287655	8,841	65,564	SH		SOLE		65,564	0	0
S&P 500 PURE GROWTH	ETF	78355W403	4,061	48,595	SH		SOLE		48,595	0	0
S&P 500 PURE VALUE	ETF	78355W304	6,052	105,082	SH		SOLE		105,082	0	0
SELECT SECTOR SPDR- REAL ESTAT	ETF	81369Y860	21,774	708,082	SH		SOLE		708,082	0	0
SELECT SECTOR SPDR-CONSUMER DI	ETF	81369Y407	85,634	1,052,010	SH		SOLE		1,052,010	0	0
SELECT SECTOR SPDR-ENERGY	ETF	81369Y506	51,723	686,706	SH		SOLE		686,706	0	0
SELECT SECTOR SPDR-FINANCIAL	ETF	81369Y605	113,031	4,861,538	SH		SOLE		4,861,538	0	0
SELECT SECTOR SPDR-HEALTH CARE	ETF	81369Y209	90,926	1,318,910	SH		SOLE		1,318,910	0	0
SELECT SECTOR SPDR-INDUSTRIAL	ETF	81369Y704	71,494	1,149,050	SH		SOLE		1,149,050	0	0
SELECT SECTOR SPDR-MATERIALS	ETF	81369Y100	22,585	454,424	SH		SOLE		454,424	0	0
SELECT SECTOR SPDR-TECHNOLOGY	ETF	81369Y803	140,234	2,899,785	SH		SOLE		2,899,785	0	0
SELECT SECTOR SPDR-UTILITIES	ETF	81369Y886	23,628	486,465	SH		SOLE		486,465	0	0
SPDR S&P OIL & GAS EXPLORATION	ETF	78464A730	10,231	247,000	SH		SOLE		247,000	0	0
SPDR-S&P DIVIDEND	ETF	78464A763	2,410	28,165	SH		SOLE		28,165	0	0
VANECK VECTORS OIL SERVICES ET	ETF	92189F718	16,075	482,000	SH		SOLE		482,000	0	0
VANGUARD FTSE EUROPE ETF	ETF	922042874	11,036	230,200	SH		SOLE		230,200	0	0