HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q3 2016 (Next →)

Filing Date: Nov 15, 2016

Total Value ($000): $117,814 (100.0% shares, 0.0% debt)

Holdings (42)

BRK/A Berkshire Hathaway Inc Cl A 10.5%

Value ($000) $12,325 Shares 57 Est. Cost $219349.66 Unrealized 0.0%

KO Coca-Cola Company 7.3%

Value ($000) $8,586 Shares 202,888 Est. Cost $32.56 Unrealized 0.0%

JNJ Johnson & Johnson Com 6.1%

Value ($000) $7,146 Shares 60,492 Est. Cost $93.58 Unrealized 0.0%

PEP Pepsico Inc 5.9%

Value ($000) $6,990 Shares 64,268 Est. Cost $81.08 Unrealized 0.0%

PG Procter & Gamble Co 5.8%

Value ($000) $6,803 Shares 75,803 Est. Cost $67.52 Unrealized 0.0%

BRK/B Berkshire Hathaway Inc Cl B 5.1%

Value ($000) $5,969 Shares 41,316 Est. Cost $146.25 Unrealized 0.0%

MCD McDonald's Corp 5.1%

Value ($000) $5,963 Shares 51,691 Est. Cost $94.54 Unrealized 0.0%

MO Altria Group Inc Com 4.7%

Value ($000) $5,549 Shares 87,760 Est. Cost $34.76 Unrealized 0.0%

PM Philip Morris International In 4.6%

Value ($000) $5,449 Shares 56,050 Est. Cost $62.27 Unrealized 0.0%

— Anheuser-Busch Inbev SA/NV 3.5%

Value ($000) $4,168 Shares 31,717 Est. Cost $131.41 Unrealized —

WFC Wells Fargo & Co New Com 3.4%

Value ($000) $4,053 Shares 91,527 Est. Cost $36.83 Unrealized 0.0%

KHC Kraft Heinz Co 3.2%

Value ($000) $3,793 Shares 42,377 Est. Cost $58.03 Unrealized 0.0%

COST Costco Whsl Corp New Com 3.0%

Value ($000) $3,576 Shares 23,447 Est. Cost $136.95 Unrealized 0.0%

DEO Diageo PLC Sponsored ADR New 2.9%

Value ($000) $3,371 Shares 29,047 Est. Cost $116.05 Unrealized —

IBM International Business Machine 2.7%

Value ($000) $3,166 Shares 19,933 Est. Cost $101.76 Unrealized 0.0%

WMT Wal Mart Stores Inc 2.4%

Value ($000) $2,856 Shares 39,599 Est. Cost $20.60 Unrealized 0.0%

NSC Norfolk Southern Corp 2.3%

Value ($000) $2,672 Shares 27,532 Est. Cost $75.16 Unrealized 0.0%

AXP American Express Company 2.0%

Value ($000) $2,317 Shares 36,187 Est. Cost $56.32 Unrealized 0.0%

GPC Genuine Parts Co 1.9%

Value ($000) $2,259 Shares 22,490 Est. Cost $77.22 Unrealized 0.0%

EPD Enterprise Prods Partners LP C 1.8%

Value ($000) $2,171 Shares 78,579 Est. Cost $27.63 Unrealized —

— National Grid PLC Sponsored AD 1.8%

Value ($000) $2,128 Shares 29,927 Est. Cost $71.11 Unrealized —

— Enbridge Energy Partners LP Co 1.7%

Value ($000) $2,032 Shares 79,900 Est. Cost $25.43 Unrealized —

ABT Abbott Labs 1.6%

Value ($000) $1,866 Shares 44,115 Est. Cost $36.13 Unrealized 0.0%

— AbbVie Inc 1.5%

Value ($000) $1,788 Shares 28,342 Est. Cost $63.09 Unrealized —

VRSK Verisk Analytics 1.5%

Value ($000) $1,788 Shares 22,003 Est. Cost $79.08 Unrealized 0.0%

MDLZ Mondelez International Inc 1.1%

Value ($000) $1,354 Shares 30,844 Est. Cost $35.22 Unrealized 0.0%

— Kinder Morgan 9.75% Srs A Mand 1.1%

Value ($000) $1,353 Shares 27,025 Est. Cost $50.06 Unrealized —

BTI British American Tobacco 0.7%

Value ($000) $871 Shares 6,820 Est. Cost $127.71 Unrealized —

XOM Exxon Mobil Corp Com 0.6%

Value ($000) $747 Shares 8,558 Est. Cost $58.54 Unrealized 0.0%

UPS United Parcel Svc Inc Cl B 0.6%

Value ($000) $720 Shares 6,583 Est. Cost $77.25 Unrealized 0.0%

— Enbridge Energy Management LLC 0.5%

Value ($000) $560 Shares 22,031 Est. Cost $25.42 Unrealized —

CVS CVS Health 0.5%

Value ($000) $548 Shares 6,161 Est. Cost $70.89 Unrealized 0.0%

— Restaurant Brands Internationa 0.4%

Value ($000) $425 Shares 9,555 Est. Cost $44.48 Unrealized —

MTB M & T Bank Corp 0.3%

Value ($000) $397 Shares 3,422 Est. Cost $88.80 Unrealized 0.0%

O Realty Income Corp 0.3%

Value ($000) $395 Shares 5,900 Est. Cost $42.37 Unrealized 0.0%

— Vectren Corp Com 0.3%

Value ($000) $369 Shares 7,345 Est. Cost $50.24 Unrealized —

— Unilever PLC 0.3%

Value ($000) $324 Shares 6,841 Est. Cost $47.36 Unrealized —

— Magellan Midstream Partners LP 0.3%

Value ($000) $318 Shares 4,500 Est. Cost $70.67 Unrealized —

EXPD Expeditors International 0.2%

Value ($000) $259 Shares 5,030 Est. Cost $45.00 Unrealized 0.0%

WEC WEC Energy Group Inc 0.2%

Value ($000) $249 Shares 4,165 Est. Cost $46.15 Unrealized 0.0%

— Wells Fargo & Co Warrant Exp 1 0.1%

Value ($000) $140 Shares 11,225 Est. Cost $12.47 Unrealized —

— Kinder Morgan Inc Del Wt Exp 5 0.0%

Value ($000) $1 Shares 51,950 Est. Cost $0.02 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	57	$12,325	10.5%	$219349.66	0.0%	COM	084670108
KO	Coca-Cola Company	202,888	$8,586	7.3%	$32.56	0.0%	COM	191216100
JNJ	Johnson & Johnson Com	60,492	$7,146	6.1%	$93.58	0.0%	COM	478160104
PEP	Pepsico Inc	64,268	$6,990	5.9%	$81.08	0.0%	COM	713448108
PG	Procter & Gamble Co	75,803	$6,803	5.8%	$67.52	0.0%	COM	742718109
BRK/B	Berkshire Hathaway Inc Cl B	41,316	$5,969	5.1%	$146.25	0.0%	COM	084670702
MCD	McDonald's Corp	51,691	$5,963	5.1%	$94.54	0.0%	COM	580135101
MO	Altria Group Inc Com	87,760	$5,549	4.7%	$34.76	0.0%	COM	02209S103
PM	Philip Morris International In	56,050	$5,449	4.6%	$62.27	0.0%	COM	718172109
—	Anheuser-Busch Inbev SA/NV	31,717	$4,168	3.5%	$131.41	—	ADR	03524a108
WFC	Wells Fargo & Co New Com	91,527	$4,053	3.4%	$36.83	0.0%	COM	949746101
KHC	Kraft Heinz Co	42,377	$3,793	3.2%	$58.03	0.0%	COM	500754106
COST	Costco Whsl Corp New Com	23,447	$3,576	3.0%	$136.95	0.0%	COM	22160K105
DEO	Diageo PLC Sponsored ADR New	29,047	$3,371	2.9%	$116.05	—	ADR	25243Q205
IBM	International Business Machine	19,933	$3,166	2.7%	$101.76	0.0%	COM	459200101
WMT	Wal Mart Stores Inc	39,599	$2,856	2.4%	$20.60	0.0%	COM	931142103
NSC	Norfolk Southern Corp	27,532	$2,672	2.3%	$75.16	0.0%	COM	655844108
AXP	American Express Company	36,187	$2,317	2.0%	$56.32	0.0%	COM	025816109
GPC	Genuine Parts Co	22,490	$2,259	1.9%	$77.22	0.0%	COM	372460105
EPD	Enterprise Prods Partners LP C	78,579	$2,171	1.8%	$27.63	—	COM	293792107
—	National Grid PLC Sponsored AD	29,927	$2,128	1.8%	$71.11	—	ADR	636274300
—	Enbridge Energy Partners LP Co	79,900	$2,032	1.7%	$25.43	—	COM	29250R106
ABT	Abbott Labs	44,115	$1,866	1.6%	$36.13	0.0%	COM	002824100
—	AbbVie Inc	28,342	$1,788	1.5%	$63.09	—	COM	00287y109
VRSK	Verisk Analytics	22,003	$1,788	1.5%	$79.08	0.0%	COM	92345Y106
MDLZ	Mondelez International Inc	30,844	$1,354	1.1%	$35.22	0.0%	COM	609207105
—	Kinder Morgan 9.75% Srs A Mand	27,025	$1,353	1.1%	$50.06	—	PFD	49456B200
BTI	British American Tobacco	6,820	$871	0.7%	$127.71	—	ADR	110448107
XOM	Exxon Mobil Corp Com	8,558	$747	0.6%	$58.54	0.0%	COM	30231G102
UPS	United Parcel Svc Inc Cl B	6,583	$720	0.6%	$77.25	0.0%	COM	911312106
—	Enbridge Energy Management LLC	22,031	$560	0.5%	$25.42	—	COM	29250x103
CVS	CVS Health	6,161	$548	0.5%	$70.89	0.0%	COM	126650100
—	Restaurant Brands Internationa	9,555	$425	0.4%	$44.48	—	COM	76131d103
MTB	M & T Bank Corp	3,422	$397	0.3%	$88.80	0.0%	COM	55261F104
O	Realty Income Corp	5,900	$395	0.3%	$42.37	0.0%	COM	756109104
—	Vectren Corp Com	7,345	$369	0.3%	$50.24	—	COM	92240G101
—	Unilever PLC	6,841	$324	0.3%	$47.36	—	ADR	904767704
—	Magellan Midstream Partners LP	4,500	$318	0.3%	$70.67	—	COM	559080106
EXPD	Expeditors International	5,030	$259	0.2%	$45.00	0.0%	COM	302130109
WEC	WEC Energy Group Inc	4,165	$249	0.2%	$46.15	0.0%	COM	92939U106
—	Wells Fargo & Co Warrant Exp 1	11,225	$140	0.1%	$12.47	—	WT	949746119
—	Kinder Morgan Inc Del Wt Exp 5	51,950	$1	0.0%	$0.02	—	WT	49456b119