LOCKHEED MARTIN INVESTMENT MANAGEMENT CO

Lockheed Martin Investment Management Co is an investment management firm based out of Bethesda, Maryland. The company was originally established in 1997 by its parent company Lockheed Martin Corp. and continues to operate as a subsidiary, specifically as the asset management segment for Lockheed Martin. As the investment management arm, Lockheed Martin Investment Management is responsible for managing the retirement plans of Lockheed Martin Corp. Lockheed Martin Investment Management conducts its research internally, utilizing a fundamental methodology with an in-depth financial analysis to make its investment decisions. The company’s fiduciary responsibilities include “the establishment of investment policies and strategies governing the investment of assets in various employee trust funds, and the appointment, removal, and monitoring of external investment managers and other service providers who exercise delegated authority over the investment and custody of trust Assets.” Lockheed Martin Investment Management invests in the public equity, alternatives, fixed income, and derivatives markets on a global scale, allocating its assets across a wide range of sectors. The company invests most heavily in the finance sector, which alone makes up over half of the firm’s total asset allocations, and also invests in the information technology, health care, industrials, consumer staples, and energy sectors, among other sectors to a lesser degree, in order of decreasing allocation. Lockheed Martin Investment Management holds its allocations for just over 7 quarters on average and holds its top 10 allocations, which makes up almost three quarters of its total allocations, for 7.9 quarters on average. In the most recent quarter, Lockheed Martin Investment Management had a turnover rate of approximately 37.5%. The company is owned through a controlling majority by the parent company Lockheed Martin Corp., which alone makes up over two thirds of the total ownership in the company, with the remaining ownership split amongst key executives of the firm.