McGinn Penninger Investment Management, Inc. Long-Term Concentrated

Period: Q4 2025 (← Previous)

Filing Date: Feb 9, 2026

Total Value ($000): $172 (100.0% shares, 0.0% debt)

Holdings (35)

New Positions (1)

Value ($000) $0 Shares 2,445 Est. Cost $0.08 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VGK	VANGUARD FTSE EUROPE ETF	2,445	$0	0.1%	$0.08	—	ETF	922042874

Increased Positions (5)

AAPL APPLE INC. 8.9%

Value ($000) $15 (+7.9%) Shares 56,298 (+1.0%) Est. Cost $121.26 Unrealized +121.3%

META META PLATFORMS INC. 8.1%

Value ($000) $14 (-7.2%) Shares 21,208 (+3.3%) Est. Cost $134.01 Unrealized +398.0%

BA BOEING CO. 3.9%

Value ($000) $7 (+12.9%) Shares 30,982 (+12.2%) Est. Cost $188.22 Unrealized +9.3%

MSFT MICROSOFT CORPORATION 7.9%

Value ($000) $14 (-4.7%) Shares 28,196 (+2.1%) Est. Cost $214.58 Unrealized +133.3%

QDF FLEXSHARES QUAL DIV ETF 0.4%

Value ($000) $1 (+5.9%) Shares 7,762 (+4.0%) Est. Cost $0.07 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC.	56,298 (+1.0%)	$15 (+7.9%)	8.9%	$121.26	+121.3%	Common Stock	037833100
META	META PLATFORMS INC.	21,208 (+3.3%)	$14 (-7.2%)	8.1%	$134.01	+398.0%	Common Stock	30303M102
BA	BOEING CO.	30,982 (+12.2%)	$7 (+12.9%)	3.9%	$188.22	+9.3%	Common Stock	097023105
MSFT	MICROSOFT CORPORATION	28,196 (+2.1%)	$14 (-4.7%)	7.9%	$214.58	+133.3%	Common Stock	594918104
QDF	FLEXSHARES QUAL DIV ETF	7,762 (+4.0%)	$1 (+5.9%)	0.4%	$0.07	—	ETF	33939L860

Exited Positions (1)

MUB ISHARES TR 0.2%

Value ($000) $0 Shares 2,455 Est. Cost $0.11 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MUB	ISHARES TR	2,455	$0	0.2%	$0.11	—	—	464288414

Decreased Positions (9)

NKE NIKE 2.7%

Value ($000) $5 (-32.6%) Shares 71,940 (-26.2%) Est. Cost $75.33 Unrealized -13.8%

INTC INTEL CORPORATION 1.0%

Value ($000) $2 (-46.1%) Shares 47,806 (-51.0%) Est. Cost $38.86 Unrealized -2.8%

DEO DIAGEO PLC 1.9%

Value ($000) $3 (-26.0%) Shares 38,374 (-18.2%) Est. Cost $68.52 Unrealized —

LVMUY LVMH MOET HENNESSY LOUIS VUITT 2.7%

Value ($000) $5 (+19.7%) Shares 31,067 (-2.9%) Est. Cost $43.06 Unrealized —

SBUX STARBUCKS CORP. 2.8%

Value ($000) $5 (-6.7%) Shares 57,730 (-6.3%) Est. Cost $84.29 Unrealized -0.3%

SUSA ISHARES MSCI USA ESG SELECT ET 0.4%

Value ($000) $1 (-21.6%) Shares 4,588 (-23.6%) Est. Cost $0.11 Unrealized —

— TARGET CORP. 1.7%

Value ($000) $3 (+5.6%) Shares 30,642 (-3.1%) Est. Cost $0.16 Unrealized —

— ISHARES EXPONENTIAL TECHNOLOGI 0.3%

Value ($000) $1 (-18.1%) Shares 8,508 (-15.5%) Est. Cost $0.07 Unrealized —

VIG VANGUARD DIVIDEND APPRECIATION 0.2%

Value ($000) $0 (-4.8%) Shares 1,267 (-6.3%) Est. Cost $0.19 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NKE	NIKE	71,940 (-26.2%)	$5 (-32.6%)	2.7%	$75.33	-13.8%	Common Stock	654106103
INTC	INTEL CORPORATION	47,806 (-51.0%)	$2 (-46.1%)	1.0%	$38.86	-2.8%	Common Stock	458140100
DEO	DIAGEO PLC	38,374 (-18.2%)	$3 (-26.0%)	1.9%	$68.52	—	Common Stock	25243Q205
LVMUY	LVMH MOET HENNESSY LOUIS VUITT	31,067 (-2.9%)	$5 (+19.7%)	2.7%	$43.06	—	Common Stock	502441306
SBUX	STARBUCKS CORP.	57,730 (-6.3%)	$5 (-6.7%)	2.8%	$84.29	-0.3%	Common Stock	855244109
SUSA	ISHARES MSCI USA ESG SELECT ET	4,588 (-23.6%)	$1 (-21.6%)	0.4%	$0.11	—	ETF	464288802
—	TARGET CORP.	30,642 (-3.1%)	$3 (+5.6%)	1.7%	$0.16	—	Common Stock	87612e106
—	ISHARES EXPONENTIAL TECHNOLOGI	8,508 (-15.5%)	$1 (-18.1%)	0.3%	$0.07	—	ETF	46434v381
VIG	VANGUARD DIVIDEND APPRECIATION	1,267 (-6.3%)	$0 (-4.8%)	0.2%	$0.19	—	ETF	921908844

Unchanged Positions (20)

DLTR DOLLAR TREE INC. 5.1%

Value ($000) $9 Shares 71,011 Est. Cost $90.92 Unrealized +17.8%

— FEDEX CORP. 3.6%

Value ($000) $6 Shares 21,293 Est. Cost $0.23 Unrealized —

— MERCK CO. 2.9%

Value ($000) $5 Shares 47,230 Est. Cost $0.10 Unrealized —

HD HOME DEPOT 3.1%

Value ($000) $5 Shares 15,407 Est. Cost $259.46 Unrealized +40.5%

— GOLDMAN SACHS GROUP INC 4.7%

Value ($000) $8 Shares 9,275 Est. Cost $0.33 Unrealized —

JNJ JOHNSON & JOHNSON 3.4%

Value ($000) $6 Shares 28,022 Est. Cost $134.76 Unrealized +46.2%

BAC BANK OF AMERICA CORP 4.2%

Value ($000) $7 Shares 132,215 Est. Cost $24.53 Unrealized +114.7%

— EXXON MOBIL CORP 3.5%

Value ($000) $6 Shares 49,563 Est. Cost $0.11 Unrealized —

SLB SLB LTD 2.2%

Value ($000) $4 Shares 100,366 Est. Cost $22.27 Unrealized +61.9%

JPM JP MORGAN CHASE & CO 7.7%

Value ($000) $13 Shares 41,275 Est. Cost $98.14 Unrealized +215.4%

UNH UNITEDHEALTH GROUP INC. 4.3%

Value ($000) $7 Shares 22,476 Est. Cost $327.18 Unrealized +3.1%

PCG PACIFIC GAS & ELECTRIC 2.5%

Value ($000) $4 Shares 265,898 Est. Cost $10.33 Unrealized +54.2%

CVX CHEVRON 2.6%

Value ($000) $4 Shares 29,083 Est. Cost $70.63 Unrealized +114.4%

SPG SIMON PPTY GROUP NEW 2.4%

Value ($000) $4 Shares 22,668 Est. Cost $65.14 Unrealized +176.3%

VHT VANGUARD HEALTH CARE ETF IV 0.3%

Value ($000) $0 Shares 1,547 Est. Cost $0.26 Unrealized —

PHO INVSC WATER RESC PORTFOLIO ETF 0.3%

Value ($000) $1 Shares 7,646 Est. Cost $0.06 Unrealized —

VT VANGUARD TOTAL WORLD STOCK ETF 0.3%

Value ($000) $1 Shares 4,258 Est. Cost $0.12 Unrealized —

QQQM NASDAQ 100 0.1%

Value ($000) $0 Shares 395 Est. Cost $0.55 Unrealized —

TSLA TESLA INC. 0.1%

Value ($000) $0 Shares 514 Est. Cost $346.84 Unrealized +27.8%

DIS WALT DISNEY COMPANY 3.6%

Value ($000) $6 Shares 53,802 Est. Cost $84.28 Unrealized +30.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DLTR	DOLLAR TREE INC.	71,011	$9	5.1%	$90.92	+17.8%	Common Stock	256746108
—	FEDEX CORP.	21,293	$6	3.6%	$0.23	—	Common Stock	31428x106
—	MERCK CO.	47,230	$5	2.9%	$0.10	—	Common Stock	58933y105
HD	HOME DEPOT	15,407	$5	3.1%	$259.46	+40.5%	Common Stock	437076102
—	GOLDMAN SACHS GROUP INC	9,275	$8	4.7%	$0.33	—	Common Stock	38141g104
JNJ	JOHNSON & JOHNSON	28,022	$6	3.4%	$134.76	+46.2%	Common Stock	478160104
BAC	BANK OF AMERICA CORP	132,215	$7	4.2%	$24.53	+114.7%	Common Stock	060505104
—	EXXON MOBIL CORP	49,563	$6	3.5%	$0.11	—	Common Stock	30231g102
SLB	SLB LTD	100,366	$4	2.2%	$22.27	+61.9%	Common Stock	806857108
JPM	JP MORGAN CHASE & CO	41,275	$13	7.7%	$98.14	+215.4%	Common Stock	46625H100
UNH	UNITEDHEALTH GROUP INC.	22,476	$7	4.3%	$327.18	+3.1%	Common Stock	91324P102
PCG	PACIFIC GAS & ELECTRIC	265,898	$4	2.5%	$10.33	+54.2%	Common Stock	69331C108
CVX	CHEVRON	29,083	$4	2.6%	$70.63	+114.4%	Common Stock	166764100
SPG	SIMON PPTY GROUP NEW	22,668	$4	2.4%	$65.14	+176.3%	Common Stock	828806109
VHT	VANGUARD HEALTH CARE ETF IV	1,547	$0	0.3%	$0.26	—	ETF	92204A504
PHO	INVSC WATER RESC PORTFOLIO ETF	7,646	$1	0.3%	$0.06	—	ETF	46137V142
VT	VANGUARD TOTAL WORLD STOCK ETF	4,258	$1	0.3%	$0.12	—	ETF	922042742
QQQM	NASDAQ 100	395	$0	0.1%	$0.55	—	Common Stock	46138G649
TSLA	TESLA INC.	514	$0	0.1%	$346.84	+27.8%	Common Stock	88160R101
DIS	WALT DISNEY COMPANY	53,802	$6	3.6%	$84.28	+30.0%	Common Stock	254687106