United States
Securities and Exchange Commission
Washington, DC 20549
Form 13F
Form 13F Cover Page
Report for the Calendar Year or Quarter Ended: March 31, 2000
Institutional Investment Manager Filing this Report:
Name: Lockheed Martin Investment Management Company
6705 Rockledge Drive Suite 550
Bethesda, Md 20817
13F File Number #28-2847
Person signing this report on Behalf of Reporting Manager:
Name: Wayne H. Shaner
Title: Vice President
Phone: 301-571-7127
Signature, Place and Date of Signing:
Wayne H. Shaner Bethesda, Md May 2, 2000
Report type: 13F Holdings Report
List of other Managers reporting for this Manager:
I am signing this report as required by the Securities Exchange Act of 1934.>
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ACE Limited COM G0070K103 25162 1100000 SH SOLE 1100000
AGCO Corporation COM 001084102 3697 325000 SH SOLE 325000
ASA Ltd. COM 002050102 6042 349000 SH SOLE 349000
AT&T - Liberty Media-A COM 001957208 2966 50000 SH SOLE 50000
AT&T Corporation COM 001957109 6194 110000 SH SOLE 110000
Air Products & Chemicals, Inc. COM 009158106 1422 50000 SH SOLE 50000
Alleghany Corporation COM 017175100 4354 23160 SH SOLE 23160
Anadarko Pete Corp. COM 032511107 15282 395000 SH SOLE 395000
Anglogold Limited Sponsored AD COM 035128206 17383 724312 SH SOLE 724312
Apache Corporation COM 037411105 7214 145000 SH SOLE 145000
Battle Mountain Gold Co. COM 071593107 707 364760 SH SOLE 364760
Berkshire Hathaway Inc. Cl B COM 084670207 26390 14500 SH SOLE 14500
Bethlehem Steel COM 087509105 6600 1100000 SH SOLE 1100000
Birmingham Steel COM 091250100 2562 500000 SH SOLE 500000
Boeing Company COM 097023105 17016 450000 SH SOLE 450000
Borden Chemical and Plastic COM 099541203 2809 633000 SH SOLE 633000
Boston Scientific Corporation COM 101137107 12787 600000 SH SOLE 600000
Carpenter Technology COM 144285103 6764 325000 SH SOLE 325000
Chubb Corp. COM 171232101 18580 275000 SH SOLE 275000
Cleveland-Cliffs Inc. COM 185896107 5906 250000 SH SOLE 250000
Coeur D Alene Mines Corp. COM 192108108 764 260181 SH SOLE 260181
Compaq Computer Corp COM 204493100 10800 400000 SH SOLE 400000
Conoco Inc. Cl A COM 208251306 4925 200000 SH SOLE 200000
Cott Corporation COM 22163n106 5625 1000000 SH SOLE 1000000
Deere & Co. COM 244199105 5700 150000 SH SOLE 150000
Detroit Diesel COM 250837101 11704 612000 SH SOLE 612000
Dow Jones & Company, Inc. COM 260561105 6463 90000 SH SOLE 90000
Eastman Kodak Corp. COM 277461109 5431 100000 SH SOLE 100000
Esg Re Limited COM g31215109 1020 255000 SH SOLE 255000
Fleetwood Enterprises COM 339099103 12316 835000 SH SOLE 835000
Ford Motor Company COM 345370100 16997 370000 SH SOLE 370000
Gold Field Limited New, ADR COM 38059t106 1106 285344 SH SOLE 285344
Halliburton COM 261597108 15422 375000 SH SOLE 375000
Hecla Mining Co. COM 422704106 602 438100 SH SOLE 438100
Hecla Mining Preferred Conv. COM 422704205 879 35500 SH SOLE 35500
Helmerich & Payne Inc. COM 423452101 27962 902000 SH SOLE 902000
Hershey Foods Corp. COM 427866108 4875 100000 SH SOLE 100000
Hillenbrand Industries COM 431573104 7650 225000 SH SOLE 225000
Homefed Corp. COM 43739d208 15 23769 SH SOLE 23769
Homestake Mining Co. COM 437614100 9597 1599430 SH SOLE 1599430
Horace Mann COM 440327104 2766 150000 SH SOLE 150000
Hubbell Inc. Cl B COM 443510201 8486 310000 SH SOLE 310000
IMC Global, Inc. COM 449669100 9180 625000 SH SOLE 625000
Imperial Chemical - ADR COM 452704505 5160 160000 SH SOLE 160000
Imperial Oil COM 453038408 9422 450000 SH SOLE 450000
Intermet COM 45881K104 1072 117500 SH SOLE 117500
Intl Game Technology COM 459902102 11928 550000 SH SOLE 550000
Kinross Gold Corp. COM 496902107 284 181618 SH SOLE 181618
LTV Corporation COM 501921100 3436 964500 SH SOLE 964500
Leucadia National Corp COM 527288104 2375 100000 SH SOLE 100000
Loew's Corporation COM 540424108 16150 323000 SH SOLE 323000
Longview Fibre Company COM 543213102 4867 330000 SH SOLE 330000
Louisiana-Pacific Corporation COM 546347105 14251 1027100 SH SOLE 1027100
Mandalay Resort Group COM 562567107 8437 500000 SH SOLE 500000
Markel Corporation COM 570535104 5369 36900 SH SOLE 36900
Mattel Inc. COM 577081102 4725 450000 SH SOLE 450000
McDonald's Corporation COM 580135101 4672 125000 SH SOLE 125000
Meridian Gold Inc. COM 302494109 1492 259500 SH SOLE 259500
Mesabi Trust COM 590672101 431 150000 SH SOLE 150000
Mirage Resorts Inc. COM 60462e104 5812 300000 SH SOLE 300000
Mississippi Chemical Corp. COM 605288208 5803 851800 SH SOLE 851800
Newmont Mining Corp. COM 651639106 17005 757869 SH SOLE 757869
Northrop Grumman Corp. COM 666807102 10587 200000 SH SOLE 200000
Old Republic International COM 680223104 18837 1370000 SH SOLE 1370000
Overseas Shipholding Group COM 690368105 1376 60000 SH SOLE 60000
Phelps Dodge COM 717265102 6644 140245 SH SOLE 140245
Philips Electronic COM 500472204 4865 28400 SH SOLE 28400
Phillip Morris Cos. COM 718154107 5281 250000 SH SOLE 250000
Phillips Petroleum Co. COM 718507106 16187 350000 SH SOLE 350000
Placer Dome, Inc. COM 725906101 9831 1210000 SH SOLE 1210000
Pope & Talbot COM 732827100 7809 425000 SH SOLE 425000
Potlatch Corp COM 737628107 8600 200000 SH SOLE 200000
Procter & Gamble COM 742718109 5650 100000 SH SOLE 100000
Rio Tinto Plc-Spon. ADR COM 767204100 1781 25000 SH SOLE 25000
Roadway Express Inc. COM 769742107 2025 100000 SH SOLE 100000
Royal Gold Inc. COM 780287108 1313 382000 SH SOLE 382000
SAFECO Corp. COM 786429100 16734 630000 SH SOLE 630000
San Juan Basin Rty Trust Unit COM 798241105 1491 150000 SH SOLE 150000
St. Paul Companies COM 792860108 10237 300000 SH SOLE 300000
Timken Company COM 887389104 7475 460000 SH SOLE 460000
Toys R Us COM 892335100 4444 300000 SH SOLE 300000
Transatlantic Holdings COM 893521104 4275 50000 SH SOLE 50000
UST Inc. COM 902911106 2344 150000 SH SOLE 150000
USX-U.S. Steel Group COM 90337T101 14740 589600 SH SOLE 589600
Union Pacific Resources Group COM 907834105 8700 600000 SH SOLE 600000
Valero Energy Corp COM 91913y100 15371 500900 SH SOLE 500900
Washington Post - Cl B COM 939640108 7033 13000 SH SOLE 13000
XL Capital LTD - CL A COM 982551056 24919 450000 SH SOLE 450000
Coeur D Alene Mines Corp. 6.00 CONV 420799 62 100000 PRN SOLE 100000
FMC Gold cv sub. deb. 6.75% of CONV 433020 688 800000 PRN SOLE 800000
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