# EDGAR Filing Document

**Accession Number:** 0000897599
**File Stem:** 0001420506-25-002940
**Filing Date:** 2025-10
**Character Count:** 15547
**Document Hash:** bc9b98e73e29b29312c3fd1a899f27e0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-25-002940.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0001420506-25-002940

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**EFFECTIVENESS DATE**: 20251030

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LOCKHEED MARTIN INVESTMENT MANAGEMENT CO
- **CENTRAL INDEX KEY:** 0000897599
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRONIC COMPONENTS & ACCESSORIES [3670]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 522060316
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-02847
- **FILM NUMBER:** 251436881

**BUSINESS ADDRESS:**
- **STREET 1:** 6801 ROCKLEDGE DR, MP150
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20817
- **BUSINESS PHONE:** 3015717120

**MAIL ADDRESS:**
- **STREET 1:** 6801 ROCKLEDGE DR, MP150
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20817

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOCKHEED MARTIN CORP/MD
- **DATE OF NAME CHANGE:** 19970131

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MARTIN MARIETTA CORP /MD/
- **DATE OF NAME CHANGE:** 19930909

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PARENT CORP
- **DATE OF NAME CHANGE:** 19930219

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** LOCKHEED MARTIN INVESTMENT MANAGEMENT CO<br>**Address:** 6801 ROCKLEDGE DR MP150<br>BETHESDA, MD 20817

**Form 13F File Number:** 028-02847

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Robert C. Varnell<br>**Title:** Vice President  General Counsel<br>**Phone:** 3015717122

**Signature, Place, and Date of Signing:**

Robert C. Varnell Vice President  General Counsel  BETHESDA, MD  10-30-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 115

**Form 13F Information Table Value Total:** $2715230462

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 9333377 | 40310 | SH |  | SOLE |  | 40310 | 0 | 0 |
| ABRDN ETFS | BBRG ALL COMD K1 | 003261104 |  | 20206674 | 938100 | SH |  | SOLE |  | 938100 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 6547040 | 18560 | SH |  | SOLE |  | 18560 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 2714836 | 16780 | SH |  | SOLE |  | 16780 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 10350875 | 42500 | SH |  | SOLE |  | 42500 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 53992510 | 222100 | SH |  | SOLE |  | 222100 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 30651840 | 464000 | SH |  | SOLE |  | 464000 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 38743127 | 176450 | SH |  | SOLE |  | 176450 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 11205000 | 99600 | SH |  | SOLE |  | 99600 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 4196422 | 21820 | SH |  | SOLE |  | 21820 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 2624460 | 9300 | SH |  | SOLE |  | 9300 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 125578423 | 493180 | SH |  | SOLE |  | 493180 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 919686 | 950 | SH |  | SOLE |  | 950 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 20315856 | 719400 | SH |  | SOLE |  | 719400 | 0 | 0 |
| BANCO SANTANDER S.A. | ADR | 05964H105 |  | 1313039 | 125290 | SH |  | SOLE |  | 125290 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 32481580 | 629610 | SH |  | SOLE |  | 629610 | 0 | 0 |
| BARCLAYS PLC | ADR | 06738E204 |  | 4065789 | 196700 | SH |  | SOLE |  | 196700 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 8496306 | 16900 | SH |  | SOLE |  | 16900 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 2952520 | 52960 | SH |  | SOLE |  | 52960 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 4755557 | 48710 | SH |  | SOLE |  | 48710 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 22389144 | 421800 | SH |  | SOLE |  | 421800 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 63045801 | 191100 | SH |  | SOLE |  | 191100 | 0 | 0 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 |  | 4026456 | 50400 | SH |  | SOLE |  | 50400 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 7047060 | 45380 | SH |  | SOLE |  | 45380 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 8231860 | 210050 | SH |  | SOLE |  | 210050 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 2455575 | 8700 | SH |  | SOLE |  | 8700 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 10681046 | 156110 | SH |  | SOLE |  | 156110 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 14317368 | 52990 | SH |  | SOLE |  | 52990 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 28938400 | 436345 | SH |  | SOLE |  | 436345 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 1534848 | 19200 | SH |  | SOLE |  | 19200 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 2932114 | 93320 | SH |  | SOLE |  | 93320 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 5594190 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 19808482 | 21400 | SH |  | SOLE |  | 21400 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 3485219 | 36120 | SH |  | SOLE |  | 36120 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 5023908 | 25340 | SH |  | SOLE |  | 25340 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 2980451 | 17240 | SH |  | SOLE |  | 17240 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 3091500 | 27000 | SH |  | SOLE |  | 27000 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 33985463 | 274630 | SH |  | SOLE |  | 274630 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 4166917 | 53580 | SH |  | SOLE |  | 53580 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 8980510 | 11770 | SH |  | SOLE |  | 11770 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 13157925 | 116700 | SH |  | SOLE |  | 116700 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 29392220 | 47800 | SH |  | SOLE |  | 47800 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 1282890 | 52150 | SH |  | SOLE |  | 52150 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 9958897 | 74660 | SH |  | SOLE |  | 74660 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 16624946 | 41030 | SH |  | SOLE |  | 41030 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 4146850 | 19700 | SH |  | SOLE |  | 19700 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 12763106 | 422200 | SH |  | SOLE |  | 422200 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 8649409 | 33170 | SH |  | SOLE |  | 33170 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 10806728 | 38300 | SH |  | SOLE |  | 38300 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 3595729 | 8040 | SH |  | SOLE |  | 8040 | 0 | 0 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 |  | 8729500 | 650000 | SH |  | SOLE |  | 650000 | 0 | 0 |
| INVESCO DB COMMDY INDX TRCK | UNIT | 46138B103 |  | 13067400 | 580000 | SH |  | SOLE |  | 580000 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 3794000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ISHARES INC | MSCI CDA ETF | 464286509 |  | 6814140 | 134800 | SH |  | SOLE |  | 134800 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 66579200 | 1010000 | SH |  | SOLE |  | 1010000 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 |  | 9985200 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 214033750 | 2135000 | SH |  | SOLE |  | 2135000 | 0 | 0 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 28900000 | 1250000 | SH |  | SOLE |  | 1250000 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 64696710 | 741000 | SH |  | SOLE |  | 741000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 44816014 | 241700 | SH |  | SOLE |  | 241700 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 80892024 | 256450 | SH |  | SOLE |  | 256450 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 1410750 | 2970 | SH |  | SOLE |  | 2970 | 0 | 0 |
| LLOYDS BANKING GROUP PLC | SPONSORED ADR | 539439109 |  | 1762292 | 388170 | SH |  | SOLE |  | 388170 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 5958867 | 22880 | SH |  | SOLE |  | 22880 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 6734710 | 11840 | SH |  | SOLE |  | 11840 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 8111670 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 11859309 | 141300 | SH |  | SOLE |  | 141300 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 29837859 | 40630 | SH |  | SOLE |  | 40630 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 136060286 | 262690 | SH |  | SOLE |  | 262690 | 0 | 0 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 |  | 1281576 | 80400 | SH |  | SOLE |  | 80400 | 0 | 0 |
| NATIONAL GRID PLC | SPONSORED ADR NE | 636274409 |  | 20500207 | 282100 | SH |  | SOLE |  | 282100 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 6713952 | 5600 | SH |  | SOLE |  | 5600 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 2377542 | 28200 | SH |  | SOLE |  | 28200 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 2202798 | 29180 | SH |  | SOLE |  | 29180 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 8926538 | 14650 | SH |  | SOLE |  | 14650 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 10926048 | 85200 | SH |  | SOLE |  | 85200 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 1550946 | 27950 | SH |  | SOLE |  | 27950 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 162628725 | 871630 | SH |  | SOLE |  | 871630 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 11767082 | 41840 | SH |  | SOLE |  | 41840 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 10638330 | 75750 | SH |  | SOLE |  | 75750 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 9965228 | 391100 | SH |  | SOLE |  | 391100 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 12229880 | 75400 | SH |  | SOLE |  | 75400 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 29573016 | 192470 | SH |  | SOLE |  | 192470 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 3096753 | 12540 | SH |  | SOLE |  | 12540 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 3301612 | 28830 | SH |  | SOLE |  | 28830 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 2848332 | 43150 | SH |  | SOLE |  | 43150 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 744536 | 5200 | SH |  | SOLE |  | 5200 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 13254209 | 79210 | SH |  | SOLE |  | 79210 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 7358850 | 31050 | SH |  | SOLE |  | 31050 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 913858 | 3420 | SH |  | SOLE |  | 3420 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 1271346 | 36990 | SH |  | SOLE |  | 36990 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 2107989 | 29470 | SH |  | SOLE |  | 29470 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 14212657 | 149970 | SH |  | SOLE |  | 149970 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 3997080 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| SUMITOMO MITSUI FINL GROUP I | SPONSORED ADR | 86562M209 |  | 1175650 | 70230 | SH |  | SOLE |  | 70230 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 49685691 | 177900 | SH |  | SOLE |  | 177900 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 35799960 | 80500 | SH |  | SOLE |  | 80500 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 11082594 | 60320 | SH |  | SOLE |  | 60320 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 5412823 | 11160 | SH |  | SOLE |  | 11160 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 1156095 | 6050 | SH |  | SOLE |  | 6050 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 12860892 | 54410 | SH |  | SOLE |  | 54410 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 9174621 | 26570 | SH |  | SOLE |  | 26570 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 7137858 | 147690 | SH |  | SOLE |  | 147690 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 IDX | 921932885 |  | 72850800 | 660000 | SH |  | SOLE |  | 660000 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 53546400 | 720000 | SH |  | SOLE |  | 720000 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 189837800 | 310000 | SH |  | SOLE |  | 310000 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 219791000 | 1595000 | SH |  | SOLE |  | 1595000 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 9782000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 |  | 31273000 | 550000 | SH |  | SOLE |  | 550000 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 74900000 | 1250000 | SH |  | SOLE |  | 1250000 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 25934895 | 590100 | SH |  | SOLE |  | 590100 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 7237256 | 21200 | SH |  | SOLE |  | 21200 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 36763563 | 356720 | SH |  | SOLE |  | 356720 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 3091620 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 13763244 | 164200 | SH |  | SOLE |  | 164200 | 0 | 0 |

---