Lockheed Martin Investment Management Co 13F annual report
Lockheed Martin Investment Management Co is an investment fund managing more than $1.68 trillion ran by Robert Varnell. There are currently 141 companies in Mr. Varnell’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $301 billion.
$1.68 trillion Assets Under Management (AUM)
As of 31st July 2024, Lockheed Martin Investment Management Co’s top holding is 838,211 shares of Apple Inc currently worth over $177 billion and making up 10.5% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Lockheed Martin Investment Management Co owns more than approximately 0.1% of the company.
In addition, the fund holds 278,821 shares of Microsoft worth $125 billion, whose value fell 4.6% in the past six months.
The third-largest holding is Ishares Inc worth $114 billion and the next is Vanguard Admiral Fds Inc worth $89.2 billion, with 900,000 shares owned.
Currently, Lockheed Martin Investment Management Co's portfolio is worth at least $1.68 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Lockheed Martin Investment Management Co
The Lockheed Martin Investment Management Co office and employees reside in Bethesda, Maryland. According to the last 13-F report filed with the SEC, Robert Varnell serves as the Vice President & General Counsel at Lockheed Martin Investment Management Co.
Recent trades
In the most recent 13F filing, Lockheed Martin Investment Management Co revealed that it had opened a new position in
Chevron and bought 88,520 shares worth $13.8 billion.
This means they effectively own approximately 0.1% of the company.
Chevron makes up
28.1%
of the fund's Energy sector allocation and has decreased its share price by 9.5% in the past year.
The investment fund also strengthened its position in Apple Inc by buying
56,391 additional shares.
This makes their stake in Apple Inc total 838,211 shares worth $177 billion.
Apple Inc soared 17.0% in the past year.
On the other hand, there are companies that Lockheed Martin Investment Management Co is getting rid of from its portfolio.
Lockheed Martin Investment Management Co closed its position in Baker Hughes Company on 7th August 2024.
It sold the previously owned 127,150 shares for $4.45 billion.
Robert Varnell also disclosed a decreased stake in Vanguard Index Fds by 0.1%.
This leaves the value of the investment at $86.2 billion and 172,300 shares.
One of the largest hedge funds
The two most similar investment funds to Lockheed Martin Investment Management Co are Venturi Wealth Management and Summit Partners L P. They manage $1.69 trillion and $1.68 trillion respectively.
Robert Varnell investment strategy
Lockheed Martin Investment Management Co’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 17.9% of
the total portfolio value.
The fund focuses on investments in the United States as
50.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
50% of the total holdings value.
On the other hand, small-cap stocks make up only 3.5% of the portfolio.
The average market cap of the portfolio companies is close to $189 billion.
The complete list of Lockheed Martin Investment Management Co trades based on 13F SEC filings
These positions were updated on August 7th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Apple Inc |
7.21%
838,211
|
$176,544,001,000 | 10.49% |
| Microsoft Corporation |
56.70%
278,821
|
$124,619,046,000 | 7.40% |
| Ishares Inc |
44.76%
2,199,300
|
$113,917,737,000 | 6.77% |
| Vanguard Admiral Fds Inc |
No change
900,000
|
$89,199,000,000 | 5.30% |
| Vanguard Index Fds |
10.86%
172,300
|
$86,172,399,000 | 5.12% |
| NVIDIA Corp |
1,893.65%
640,760
|
$79,159,490,000 | 4.70% |
| Ishares Tr |
No change
1,044,950
|
$76,013,870,000 | 4.51% |
| Vanguard Tax-managed Fds |
No change
1,250,000
|
$61,775,000,000 | 3.67% |
| Vanguard Bd Index Fds |
No change
650,000
|
$46,832,500,000 | 2.78% |
| Invesco Actvely Mngd Etc Fd |
5.38%
3,059,000
|
$42,978,950,000 | 2.55% |
| Spdr Ser Tr |
214.23%
1,488,500
|
$40,516,970,000 | 2.41% |
| Alphabet Inc |
29.90%
212,170
|
$38,663,022,000 | 2.30% |
| Amazon.com Inc. |
2.71%
169,400
|
$32,736,550,000 | 1.94% |
| Exxon Mobil Corp. |
429.07%
258,080
|
$29,710,170,000 | 1.76% |
| Vanguard Scottsdale Fds |
No change
610,000
|
$37,613,800,000 | 2.23% |
| JPMorgan Chase & Co. |
220.57%
124,190
|
$25,118,669,000 | 1.49% |
| Unitedhealth Group Inc |
0.56%
39,800
|
$20,268,548,000 | 1.20% |
| Thermo Fisher Scientific Inc. |
3.47%
32,800
|
$18,138,400,000 | 1.08% |
| Bank America Corp |
121.49%
430,560
|
$17,123,371,000 | 1.02% |
| Meta Platforms Inc |
4.58%
33,760
|
$17,022,467,000 | 1.01% |
| Invesco Exch Traded Fd Tr Ii |
No change
258,900
|
$16,815,555,000 | 1.00% |
| Spdr S&p 500 Etf Tr |
No change
30,000
|
$16,326,600,000 | 0.97% |
| Hartford Finl Svcs Group Inc |
3.47%
156,140
|
$15,698,316,000 | 0.93% |
| Marriott Intl Inc New |
3.49%
63,120
|
$15,260,522,000 | 0.91% |
| Home Depot, Inc. |
8.65%
43,480
|
$14,967,555,000 | 0.89% |
| Chevron Corp. |
Opened
88,520
|
$13,846,298,000 | 0.82% |
| Chubb Limited |
82.99%
53,890
|
$13,746,261,000 | 0.82% |
| Duke Energy Corp. |
1.25%
129,270
|
$12,956,732,000 | 0.77% |
| Danaher Corp. |
3.46%
50,270
|
$12,559,960,000 | 0.75% |
| Procter And Gamble Co |
7.73%
76,000
|
$12,533,920,000 | 0.74% |
| Coca-Cola Co |
3.49%
193,935
|
$12,343,963,000 | 0.73% |
| The Southern Co. |
14.87%
155,320
|
$12,048,172,000 | 0.72% |
| Texas Instrs Inc |
38.00%
59,050
|
$11,486,997,000 | 0.68% |
| Walmart Inc |
3.48%
167,420
|
$11,336,008,000 | 0.67% |
| Broadcom Inc. |
11.18%
6,860
|
$11,013,936,000 | 0.65% |
| RTX Corp |
3.52%
106,100
|
$10,651,379,000 | 0.63% |
| Verizon Communications Inc |
146.17%
253,800
|
$10,466,712,000 | 0.62% |
| Berkshire Hathaway Inc. |
Opened
25,494
|
$10,370,959,000 | 0.62% |
| Union Pac Corp |
9.23%
44,750
|
$10,125,135,000 | 0.60% |
| Adobe Inc |
54.08%
17,550
|
$9,749,727,000 | 0.58% |
| AT&T Inc. |
167.44%
504,400
|
$9,639,084,000 | 0.57% |
| Pepsico Inc |
3.47%
57,920
|
$9,552,746,000 | 0.57% |
| Boston Scientific Corp. |
3.48%
122,480
|
$9,432,185,000 | 0.56% |
| Abbvie Inc |
16.42%
52,120
|
$8,939,622,000 | 0.53% |
| Taiwan Semiconductor Mfg Ltd |
Opened
50,800
|
$8,829,548,000 | 0.52% |
| CME Group Inc |
3.45%
42,220
|
$8,300,452,000 | 0.49% |
| Salesforce Inc |
43.22%
30,520
|
$7,846,692,000 | 0.47% |
| American Tower Corp. |
19.86%
39,960
|
$7,767,425,000 | 0.46% |
| Oracle Corp. |
27.89%
51,490
|
$7,270,388,000 | 0.43% |
| Johnson & Johnson |
Opened
48,300
|
$7,059,528,000 | 0.42% |
| Prologis Inc |
40.12%
61,346
|
$6,889,769,000 | 0.41% |
| NextEra Energy Inc |
30.94%
93,160
|
$6,596,660,000 | 0.39% |
| Visa Inc |
3.47%
25,050
|
$6,574,874,000 | 0.39% |
| Mastercard Incorporated |
3.51%
14,010
|
$6,180,652,000 | 0.37% |
| Intuitive Surgical Inc |
3.50%
13,530
|
$6,018,821,000 | 0.36% |
| Cisco Sys Inc |
99.47%
123,630
|
$5,873,661,000 | 0.35% |
| Constellation Energy Corp |
62.72%
28,799
|
$5,767,576,000 | 0.34% |
| Parker-Hannifin Corp. |
3.47%
11,400
|
$5,766,234,000 | 0.34% |
| Illinois Tool Wks Inc |
3.47%
24,180
|
$5,729,693,000 | 0.34% |
| Crown Castle Inc |
14.29%
55,500
|
$5,422,350,000 | 0.32% |
| Wells Fargo Co New |
Opened
88,500
|
$5,256,015,000 | 0.31% |
| Fifth Third Bancorp |
3.46%
125,300
|
$4,572,197,000 | 0.27% |
| Netflix Inc. |
3.35%
6,630
|
$4,474,454,000 | 0.27% |
| Baker Hughes Company |
Closed
127,150
|
$4,448,901,000 | |
| Digital Rlty Tr Inc |
45.10%
28,780
|
$4,375,999,000 | 0.26% |
| Novo-nordisk A S |
6.35%
30,400
|
$4,339,296,000 | 0.26% |
| Comcast Corp New |
3.79%
108,180
|
$4,236,329,000 | 0.25% |
| Schlumberger Ltd. |
1.32%
75,250
|
$3,550,295,000 | 0.21% |
| Advanced Micro Devices Inc. |
3.50%
19,850
|
$3,219,869,000 | 0.19% |
| Disney Walt Co |
3.48%
31,940
|
$3,171,323,000 | 0.19% |
| Veeva Sys Inc |
115.31%
26,010
|
$2,869,478,000 | 0.17% |
| TotalEnergies SE |
Closed
38,880
|
$2,676,110,000 | |
| Shell Plc |
Opened
35,700
|
$2,576,826,000 | 0.15% |
| Pnc Finl Svcs Group Inc |
Closed
15,990
|
$2,349,684,000 | |
| Sap SE |
6.34%
11,370
|
$2,293,443,000 | 0.14% |
| Eli Lilly & Co |
Opened
2,500
|
$2,263,450,000 | 0.13% |
| Asml Holding N V |
6.49%
2,160
|
$2,209,097,000 | 0.13% |
| Bhp Group Ltd |
7.05%
38,400
|
$2,192,256,000 | 0.13% |
| Rio Tinto plc |
6.67%
32,780
|
$2,161,185,000 | 0.13% |
| Equinix Inc |
36.83%
2,830
|
$2,141,178,000 | 0.13% |
| Halliburton Co. |
63.23%
61,860
|
$2,089,631,000 | 0.12% |
| Altria Group Inc. |
Opened
45,200
|
$2,058,860,000 | 0.12% |
| Invesco Exchange Traded Fd T |
No change
60,200
|
$3,360,124,000 | 0.20% |
| T-Mobile US Inc |
19.57%
11,100
|
$1,955,598,000 | 0.12% |
| Sumitomo Mitsui Finl Group I |
6.34%
136,050
|
$1,824,431,000 | 0.11% |
| Air Prods & Chems Inc |
3.61%
6,940
|
$1,790,867,000 | 0.11% |
| Simon Ppty Group Inc New |
37.60%
11,780
|
$1,788,204,000 | 0.11% |
| Mitsubishi Ufj Finl Group In |
6.33%
161,040
|
$1,739,232,000 | 0.10% |
| Lloyds Banking Group plc |
Opened
555,000
|
$1,515,150,000 | 0.09% |
| Sempra |
40.95%
19,900
|
$1,513,594,000 | 0.09% |
| Welltower Inc. |
37.48%
14,350
|
$1,495,988,000 | 0.09% |
| American Elec Pwr Co Inc |
40.98%
15,700
|
$1,377,518,000 | 0.08% |
| Public Storage Oper Co |
38.01%
4,550
|
$1,308,808,000 | 0.08% |
| Dominion Energy Inc |
40.97%
25,500
|
$1,249,500,000 | 0.07% |
| Public Svc Enterprise Grp In |
41.13%
15,600
|
$1,149,720,000 | 0.07% |
| Exelon Corp. |
40.93%
31,600
|
$1,093,676,000 | 0.06% |
| Realty Income Corp. |
37.81%
19,250
|
$1,016,785,000 | 0.06% |
| Mizuho Financial Group, Inc. |
Closed
242,840
|
$966,503,000 | |
| Extra Space Storage Inc. |
37.81%
6,049
|
$940,075,000 | 0.06% |
| Banco Santander S.A. |
69.53%
201,000
|
$930,630,000 | 0.06% |
| Vici Pptys Inc |
37.59%
32,492
|
$930,571,000 | 0.06% |
| Avalonbay Cmntys Inc |
38.12%
4,400
|
$910,316,000 | 0.05% |
| Consolidated Edison, Inc. |
41.28%
10,100
|
$903,142,000 | 0.05% |
| Xcel Energy Inc. |
41.07%
16,500
|
$881,265,000 | 0.05% |
| Merck & Co Inc |
Opened
7,000
|
$866,600,000 | 0.05% |
| Edison Intl |
41.09%
11,900
|
$854,539,000 | 0.05% |
| PG&E Corp. |
41.07%
48,500
|
$846,810,000 | 0.05% |
| Iron Mtn Inc Del |
37.87%
9,120
|
$817,334,000 | 0.05% |
| Equity Residential |
37.72%
11,210
|
$777,301,000 | 0.05% |
| WEC Energy Group Inc |
40.49%
9,700
|
$761,062,000 | 0.05% |
| Ventas Inc |
37.28%
14,350
|
$735,581,000 | 0.04% |
| American Wtr Wks Co Inc New |
40.86%
5,500
|
$710,380,000 | 0.04% |
| PPL Corp |
40.87%
24,600
|
$680,190,000 | 0.04% |
| DTE Energy Co. |
40.59%
6,000
|
$666,060,000 | 0.04% |
| Entergy Corp. |
40.38%
6,200
|
$663,400,000 | 0.04% |
| Firstenergy Corp. |
40.83%
17,100
|
$654,417,000 | 0.04% |
| SBA Communications Corp |
36.95%
3,320
|
$651,716,000 | 0.04% |
| Costar Group, Inc. |
Closed
8,571
|
$648,816,000 | |
| Weyerhaeuser Co Mtn Be |
37.79%
22,720
|
$645,021,000 | 0.04% |
| Invitation Homes Inc |
37.85%
17,480
|
$627,357,000 | 0.04% |
| Eversource Energy |
40.80%
10,300
|
$584,113,000 | 0.03% |
| Ameren Corp. |
40.91%
7,800
|
$554,658,000 | 0.03% |
| Essex Ppty Tr Inc |
38.65%
1,970
|
$536,234,000 | 0.03% |
| Alexandria Real Estate Eq In |
38.65%
4,220
|
$493,613,000 | 0.03% |
| Host Hotels & Resorts Inc |
37.76%
26,280
|
$472,514,000 | 0.03% |
| Mid-amer Apt Cmntys Inc |
37.63%
3,300
|
$470,613,000 | 0.03% |
| Sun Cmntys Inc |
36.92%
3,470
|
$417,580,000 | 0.02% |
| Kimco Rlty Corp |
37.50%
19,840
|
$386,086,000 | 0.02% |
| Equity Lifestyle Pptys Inc |
36.94%
5,830
|
$379,708,000 | 0.02% |
| UDR Inc |
37.80%
8,950
|
$368,293,000 | 0.02% |
| Rexford Indl Rlty Inc |
Closed
6,358
|
$349,897,000 | |
| Lamar Advertising Co |
38.27%
2,900
|
$346,637,000 | 0.02% |
| Gaming & Leisure Pptys Inc |
37.97%
7,540
|
$340,883,000 | 0.02% |
| First Indl Rlty Tr Inc |
Closed
6,411
|
$338,802,000 | |
| Healthpeak Properties Inc. |
37.45%
17,280
|
$338,688,000 | 0.02% |
| American Homes 4 Rent |
37.81%
9,040
|
$335,926,000 | 0.02% |
| Americold Realty Trust Inc |
Closed
12,165
|
$329,147,000 | |
| Regency Ctrs Corp |
37.85%
5,140
|
$319,708,000 | 0.02% |
| Wp Carey Inc |
36.64%
5,750
|
$316,538,000 | 0.02% |
| Camden Ppty Tr |
39.36%
2,880
|
$314,237,000 | 0.02% |
| International Business Machs |
Opened
1,800
|
$311,310,000 | 0.02% |
| Boston Properties Inc |
36.85%
4,990
|
$307,184,000 | 0.02% |
| CubeSmart |
37.30%
6,470
|
$292,250,000 | 0.02% |
| Stag Indl Inc |
Closed
7,797
|
$291,683,000 | |
| Apartment Income REIT Corp. |
Closed
8,063
|
$280,065,000 | |
| Omega Healthcare Invs Inc |
37.43%
7,970
|
$272,973,000 | 0.02% |
| NNN REIT Inc |
37.09%
5,900
|
$251,340,000 | 0.01% |
| Vornado Rlty Tr |
Closed
9,385
|
$248,090,000 | |
| Federal Rlty Invt Tr New |
38.11%
2,330
|
$235,260,000 | 0.01% |
| Brixmor Ppty Group Inc |
37.49%
10,110
|
$233,440,000 | 0.01% |
| Eastgroup Pptys Inc |
32.33%
1,260
|
$214,326,000 | 0.01% |
| Kilroy Rlty Corp |
Closed
5,732
|
$213,746,000 | |
| Healthcare Rlty Tr |
Closed
11,382
|
$189,815,000 | |
| Douglas Emmett Inc |
Closed
11,018
|
$161,973,000 | |
| Agnc Invt Corp |
Closed
11,584
|
$133,606,000 | |
| Rithm Capital Corp |
Closed
10,236
|
$95,702,000 | |
| Medical Pptys Trust Inc |
37.88%
18,410
|
$79,347,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 157 holdings | |||
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