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
ABBOT LAB	COM	002824100	598	9,800	SH		SOLE		9,800	0	0
ALIBABA GROUP HLDS LTD	COM	01609W102	9,518	51,300	SH		SOLE		51,300	0	0
ALPHABET INC - CL A	COM	02079K305	2,964	2,625	SH		SOLE		2,625	0	0
AMERICAN EXPRESS CO.	COM	025816109	1,365	13,930	SH		SOLE		13,930	0	0
APPLE INC	COM	037833100	33,277	179,770	SH		SOLE		179,770	0	0
AT&T INC	COM	00206R102	1,603	49,910	SH		SOLE		49,910	0	0
AXIS CAPITAL HOLDINGS LTD	COM	G0692U109	473	8,500	SH		SOLE		8,500	0	0
BAIDU, INC.	COM	056752108	948	3,900	SH		SOLE		3,900	0	0
CHEVRON	COM	166764100	1,484	11,735	SH		SOLE		11,735	0	0
CHUBB LTD(old ACE LTD)	COM	H1467J104	673	5,300	SH		SOLE		5,300	0	0
COMERICA INC.	COM	200340107	1,041	11,450	SH		SOLE		11,450	0	0
EDWARDS LIFESCIENCES CORP.	COM	28176E108	1,710	11,750	SH		SOLE		11,750	0	0
EXXON	COM	30231G102	1,861	22,500	SH		SOLE		22,500	0	0
FACEBOOK	COM	30303M102	855	4,400	SH		SOLE		4,400	0	0
GENERAL ELECTRIC CO.	COM	369604103	1,160	85,200	SH		SOLE		85,200	0	0
GW PHARMACEUTICALS PLC	COM	36197T103	727	5,210	SH		SOLE		5,210	0	0
ILLUMINA, INC	COM	452327109	620	2,220	SH		SOLE		2,220	0	0
INDEPENDENT BANK GROUP INC	COM	45384B106	1,296	19,400	SH		SOLE		19,400	0	0
JAZZ PHARMACEUTICALS PLC	COM	G50871105	712	4,130	SH		SOLE		4,130	0	0
JD COM INC	COM	47215P106	4,183	107,400	SH		SOLE		107,400	0	0
JOHNSON & JOHNSON	COM	478160104	1,696	13,980	SH		SOLE		13,980	0	0
MICROSOFT CORP	COM	594918104	4,509	45,730	SH		SOLE		45,730	0	0
NASDAQ INC.	COM	631103108	1,214	13,300	SH		SOLE		13,300	0	0
NETEASE INC (ADR)	COM	64110W102	872	3,450	SH		SOLE		3,450	0	0
NEW ORIENTAL EDUCATION & TECH	COM	647581107	5,712	60,340	SH		SOLE		60,340	0	0
OLD NATIONAL BANCORP	COM	680033107	642	34,500	SH		SOLE		34,500	0	0
STIFEL FINANCIAL CORP	COM	860630102	1,040	19,900	SH		SOLE		19,900	0	0
TAIWAN SEMICONDUCTOR MFG CO	COM	874039100	212	5,800	SH		SOLE		5,800	0	0
US BANCORP	COM	902973304	700	14,000	SH		SOLE		14,000	0	0
VERIZON COMMUNICATION INC.	COM	92343V104	3,704	73,620	SH		SOLE		73,620	0	0
VERTEX PHARMACEUTICALS	COM	92532F100	697	4,100	SH		SOLE		4,100	0	0
VISA INC	COM	92826C839	1,629	12,300	SH		SOLE		12,300	0	0
WEIBO CORP ADR	COM	948596101	3,701	41,700	SH		SOLE		41,700	0	0
ZTO EXPRESS CAYMAN INC	COM	98980A105	4,820	241,000	SH		SOLE		241,000	0	0
CONSUMER STAPLES SPDR	ETF	81369Y308	63,264	1,227,710	SH		SOLE		1,227,710	0	0
DB COMMODITY INDEX FUND	ETF	73935S105	4,508	255,000	SH		SOLE		255,000	0	0
INVESCO S&P 500 PURE GROWTH	ETF	46137V266	9,835	85,700	SH		SOLE		85,700	0	0
INVESCO S&P 500 PURE VALUE	ETF	46137V258	9,695	147,500	SH		SOLE		147,500	0	0
ISHARE MSCI EMERGING MARKETS E	ETF	464287234	23,138	534,000	SH		SOLE		534,000	0	0
ISHARES CORE MSCI EMERGING MKT	ETF	46434G103	91,194	1,736,689	SH		SOLE		1,736,689	0	0
ISHARES CORE TOTAL US BOND ETF	ETF	464287226	99,430	935,200	SH		SOLE		935,200	0	0
ISHARES DJ US REAL ESTATE	ETF	464287739	65,254	809,800	SH		SOLE		809,800	0	0
ISHARES JAPAN	ETF	46434G822	30,600	528,405	SH		SOLE		528,405	0	0
ISHARES MSCI AUSTRALIA INDEX F	ETF	464286103	18,765	829,940	SH		SOLE		829,940	0	0
ISHARES MSCI CANADA INDEX	ETF	464286509	31,115	1,091,386	SH		SOLE		1,091,386	0	0
ISHARES MSCI CHINA ETF	ETF	46429B671	26,763	414,290	SH		SOLE		414,290	0	0
ISHARES MSCI EAFE GROWTH	ETF	464288885	9,613	121,989	SH		SOLE		121,989	0	0
ISHARES MSCI EAFE SMALL CAP	ETF	464288273	9,029	143,910	SH		SOLE		143,910	0	0
ISHARES MSCI EAFE VALUE	ETF	464288877	7,239	140,991	SH		SOLE		140,991	0	0
ISHARES MSCI UNITED KINGDOM	ETF	46435G334	5,483	157,650	SH		SOLE		157,650	0	0
ISHARES MSCI USA MOMENTUM FACT	ETF	46432F396	10,202	93,000	SH		SOLE		93,000	0	0
ISHARES NASDAQ BIOTECH	ETF	464287556	16,737	152,400	SH		SOLE		152,400	0	0
ISHARES S&P 500 GROWTH ETF	ETF	464287309	15,638	96,169	SH		SOLE		96,169	0	0
ISHARES S&P 500 VALUE ETF	ETF	464287408	19,438	176,497	SH		SOLE		176,497	0	0
ISHARES S&P MIDCAP 400/GROWTH	ETF	464287606	17,196	76,503	SH		SOLE		76,503	0	0
ISHARES S&P MIDCAP 400/VALUE E	ETF	464287705	14,965	92,358	SH		SOLE		92,358	0	0
ISHARES TELECOMMUNICATION	ETF	464287713	19,153	694,700	SH		SOLE		694,700	0	0
ROBO GLOBAL ROBOTICS AND AUTOM	ETF	301505707	716	17,900	SH		SOLE		17,900	0	0
RUSSELL 2000 INDEX FUND	ETF	464287655	22,079	134,816	SH		SOLE		134,816	0	0
SELECT SECTOR SPDR- REAL ESTAT	ETF	81369Y860	25,613	783,029	SH		SOLE		783,029	0	0
SELECT SECTOR SPDR-CONSUMER DI	ETF	81369Y407	122,468	1,120,480	SH		SOLE		1,120,480	0	0
SELECT SECTOR SPDR-ENERGY	ETF	81369Y506	198,002	2,607,354	SH		SOLE		2,607,354	0	0
SELECT SECTOR SPDR-FINANCIAL	ETF	81369Y605	107,718	4,051,060	SH		SOLE		4,051,060	0	0
SELECT SECTOR SPDR-HEALTH CARE	ETF	81369Y209	118,656	1,421,715	SH		SOLE		1,421,715	0	0
SELECT SECTOR SPDR-INDUSTRIAL	ETF	81369Y704	80,834	1,128,490	SH		SOLE		1,128,490	0	0
SELECT SECTOR SPDR-MATERIALS	ETF	81369Y100	23,825	410,280	SH		SOLE		410,280	0	0
SELECT SECTOR SPDR-TECHNOLOGY	ETF	81369Y803	232,830	3,351,520	SH		SOLE		3,351,520	0	0
SELECT SECTOR SPDR-UTILITIES	ETF	81369Y886	58,471	1,125,315	SH		SOLE		1,125,315	0	0
SPDR PORT LNG TRM TRSRY	ETF	78464A664	22,349	638,000	SH		SOLE		638,000	0	0
SPDR S&P OIL & GAS EXPLORATION	ETF	78464A730	23,080	536,000	SH		SOLE		536,000	0	0
SPDR-S&P 500 INDEX	ETF	78462F103	34,249	126,250	SH		SOLE		126,250	0	0
VANECK VECTORS OIL SERVICES ET	ETF	92189F718	21,305	811,000	SH		SOLE		811,000	0	0
VANGUARD EXTENDED MARKET ETF	ETF	922908652	88,703	753,000	SH		SOLE		753,000	0	0
VANGUARD FTSE DEVELOPED MARKET	ETF	921943858	48,906	1,140,000	SH		SOLE		1,140,000	0	0
VANGUARD FTSE EUROPE ETF	ETF	922042874	19,187	341,830	SH		SOLE		341,830	0	0
VANGUARD INFORMATION TECH VIPE	ETF	92204A702	3,628	20,000	SH		SOLE		20,000	0	0
VANGUARD RUSSELL 2000 ETF	ETF	92206C664	6,692	51,000	SH		SOLE		51,000	0	0
VANGUARD S&P 500 ETF	ETF	922908363	149,606	599,600	SH		SOLE		599,600	0	0