HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Feb 15, 2017

Total Value ($000): $120,561 (100.0% shares, 0.0% debt)

Holdings (43)

BRK/A Berkshire Hathaway Inc Cl A 11.5%

Value ($000) $13,915 Shares 57 Est. Cost $219349.66 Unrealized +5.2%

KO Coca-Cola Company 7.0%

Value ($000) $8,444 Shares 203,659 Est. Cost $32.56 Unrealized -4.1%

JNJ Johnson & Johnson Com 5.9%

Value ($000) $7,078 Shares 61,435 Est. Cost $93.52 Unrealized -4.1%

PEP Pepsico Inc 5.7%

Value ($000) $6,837 Shares 65,343 Est. Cost $81.05 Unrealized -2.1%

BRK/B Berkshire Hathaway Inc Cl B 5.7%

Value ($000) $6,823 Shares 41,861 Est. Cost $146.35 Unrealized +5.2%

MCD McDonald's Corp 5.3%

Value ($000) $6,443 Shares 52,931 Est. Cost $94.53 Unrealized -0.3%

PG Procter & Gamble Co 5.3%

Value ($000) $6,375 Shares 75,823 Est. Cost $67.52 Unrealized -1.1%

MO Altria Group Inc Com 5.0%

Value ($000) $6,060 Shares 89,615 Est. Cost $34.74 Unrealized -2.2%

PM Philip Morris International In 4.4%

Value ($000) $5,348 Shares 58,450 Est. Cost $62.10 Unrealized -6.2%

WFC Wells Fargo & Co New Com 4.2%

Value ($000) $5,109 Shares 92,702 Est. Cost $36.86 Unrealized +5.9%

KHC Kraft Heinz Co 3.3%

Value ($000) $3,938 Shares 45,097 Est. Cost $57.94 Unrealized -2.5%

COST Costco Whsl Corp New Com 3.1%

Value ($000) $3,748 Shares 23,407 Est. Cost $136.95 Unrealized -5.2%

— Anheuser-Busch Inbev SA/NV 3.0%

Value ($000) $3,586 Shares 34,007 Est. Cost $129.66 Unrealized —

IBM International Business Machine 2.7%

Value ($000) $3,290 Shares 19,823 Est. Cost $101.76 Unrealized +1.3%

DEO Diageo PLC Sponsored ADR New 2.6%

Value ($000) $3,076 Shares 29,592 Est. Cost $115.83 Unrealized —

NSC Norfolk Southern Corp 2.4%

Value ($000) $2,929 Shares 27,107 Est. Cost $75.16 Unrealized +11.7%

WMT Wal Mart Stores Inc 2.2%

Value ($000) $2,624 Shares 37,969 Est. Cost $20.60 Unrealized -3.3%

AXP American Express Company 2.1%

Value ($000) $2,498 Shares 33,717 Est. Cost $56.32 Unrealized +8.3%

EPD Enterprise Prods Partners LP C 1.8%

Value ($000) $2,172 Shares 80,309 Est. Cost $27.62 Unrealized —

GPC Genuine Parts Co 1.8%

Value ($000) $2,160 Shares 22,605 Est. Cost $77.22 Unrealized -5.4%

— Enbridge Energy Partners LP Co 1.7%

Value ($000) $2,093 Shares 82,135 Est. Cost $25.43 Unrealized —

— National Grid PLC Sponsored AD 1.4%

Value ($000) $1,746 Shares 29,927 Est. Cost $71.11 Unrealized —

— AbbVie Inc 1.4%

Value ($000) $1,690 Shares 26,992 Est. Cost $63.09 Unrealized —

VRSK Verisk Analytics 1.3%

Value ($000) $1,599 Shares 19,703 Est. Cost $79.08 Unrealized -0.9%

ABT Abbott Labs 1.3%

Value ($000) $1,544 Shares 40,210 Est. Cost $36.13 Unrealized -6.9%

— Kinder Morgan Srs A Mandatory 1.2%

Value ($000) $1,416 Shares 29,100 Est. Cost $49.96 Unrealized —

MDLZ Mondelez International Inc 1.1%

Value ($000) $1,345 Shares 30,344 Est. Cost $35.22 Unrealized -1.4%

UPS United Parcel Svc Inc Cl B 0.7%

Value ($000) $837 Shares 7,298 Est. Cost $77.55 Unrealized +3.5%

BTI British American Tobacco 0.7%

Value ($000) $816 Shares 7,240 Est. Cost $126.84 Unrealized —

XOM Exxon Mobil Corp Com 0.5%

Value ($000) $622 Shares 6,893 Est. Cost $58.54 Unrealized -0.6%

— Enbridge Energy Management LLC 0.5%

Value ($000) $596 Shares 23,029 Est. Cost $25.44 Unrealized —

MTB M & T Bank Corp 0.4%

Value ($000) $498 Shares 3,181 Est. Cost $88.80 Unrealized +17.1%

— Restaurant Brands Internationa 0.4%

Value ($000) $491 Shares 10,290 Est. Cost $44.71 Unrealized —

CVS CVS Health 0.4%

Value ($000) $448 Shares 5,672 Est. Cost $70.89 Unrealized -13.9%

— Vectren Corp Com 0.3%

Value ($000) $383 Shares 7,345 Est. Cost $50.24 Unrealized —

— Magellan Midstream Partners LP 0.3%

Value ($000) $340 Shares 4,500 Est. Cost $70.67 Unrealized —

O Realty Income Corp 0.3%

Value ($000) $339 Shares 5,900 Est. Cost $42.37 Unrealized -14.2%

UNP Union Pacific Corp 0.2%

Value ($000) $300 Shares 2,895 Est. Cost $80.32 Unrealized 0.0%

— Unilever PLC 0.2%

Value ($000) $278 Shares 6,841 Est. Cost $47.36 Unrealized —

— Wells Fargo & Co Warrant Exp 1 0.2%

Value ($000) $250 Shares 11,725 Est. Cost $12.85 Unrealized —

EXPD Expeditors International 0.2%

Value ($000) $243 Shares 4,580 Est. Cost $45.00 Unrealized +3.5%

WEC WEC Energy Group Inc 0.2%

Value ($000) $234 Shares 3,990 Est. Cost $46.15 Unrealized -7.4%

— Kinder Morgan Inc Del Wt Exp 5 0.0%

Value ($000) $0 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	$13,915	11.5%	$219349.66	+5.2%	COM	084670108
KO	Coca-Cola Company	203,659	$8,444	7.0%	$32.56	-4.1%	COM	191216100
JNJ	Johnson & Johnson Com	61,435	$7,078	5.9%	$93.52	-4.1%	COM	478160104
PEP	Pepsico Inc	65,343	$6,837	5.7%	$81.05	-2.1%	COM	713448108
BRK/B	Berkshire Hathaway Inc Cl B	41,861	$6,823	5.7%	$146.35	+5.2%	COM	084670702
MCD	McDonald's Corp	52,931	$6,443	5.3%	$94.53	-0.3%	COM	580135101
PG	Procter & Gamble Co	75,823	$6,375	5.3%	$67.52	-1.1%	COM	742718109
MO	Altria Group Inc Com	89,615	$6,060	5.0%	$34.74	-2.2%	COM	02209S103
PM	Philip Morris International In	58,450	$5,348	4.4%	$62.10	-6.2%	COM	718172109
WFC	Wells Fargo & Co New Com	92,702	$5,109	4.2%	$36.86	+5.9%	COM	949746101
KHC	Kraft Heinz Co	45,097	$3,938	3.3%	$57.94	-2.5%	COM	500754106
COST	Costco Whsl Corp New Com	23,407	$3,748	3.1%	$136.95	-5.2%	COM	22160K105
—	Anheuser-Busch Inbev SA/NV	34,007	$3,586	3.0%	$129.66	—	ADR	03524a108
IBM	International Business Machine	19,823	$3,290	2.7%	$101.76	+1.3%	COM	459200101
DEO	Diageo PLC Sponsored ADR New	29,592	$3,076	2.6%	$115.83	—	ADR	25243Q205
NSC	Norfolk Southern Corp	27,107	$2,929	2.4%	$75.16	+11.7%	COM	655844108
WMT	Wal Mart Stores Inc	37,969	$2,624	2.2%	$20.60	-3.3%	COM	931142103
AXP	American Express Company	33,717	$2,498	2.1%	$56.32	+8.3%	COM	025816109
EPD	Enterprise Prods Partners LP C	80,309	$2,172	1.8%	$27.62	—	COM	293792107
GPC	Genuine Parts Co	22,605	$2,160	1.8%	$77.22	-5.4%	COM	372460105
—	Enbridge Energy Partners LP Co	82,135	$2,093	1.7%	$25.43	—	COM	29250R106
—	National Grid PLC Sponsored AD	29,927	$1,746	1.4%	$71.11	—	ADR	636274300
—	AbbVie Inc	26,992	$1,690	1.4%	$63.09	—	COM	00287y109
VRSK	Verisk Analytics	19,703	$1,599	1.3%	$79.08	-0.9%	COM	92345Y106
ABT	Abbott Labs	40,210	$1,544	1.3%	$36.13	-6.9%	COM	002824100
—	Kinder Morgan Srs A Mandatory	29,100	$1,416	1.2%	$49.96	—	PFD	49456B200
MDLZ	Mondelez International Inc	30,344	$1,345	1.1%	$35.22	-1.4%	COM	609207105
UPS	United Parcel Svc Inc Cl B	7,298	$837	0.7%	$77.55	+3.5%	COM	911312106
BTI	British American Tobacco	7,240	$816	0.7%	$126.84	—	ADR	110448107
XOM	Exxon Mobil Corp Com	6,893	$622	0.5%	$58.54	-0.6%	COM	30231G102
—	Enbridge Energy Management LLC	23,029	$596	0.5%	$25.44	—	COM	29250x103
MTB	M & T Bank Corp	3,181	$498	0.4%	$88.80	+17.1%	COM	55261F104
—	Restaurant Brands Internationa	10,290	$491	0.4%	$44.71	—	COM	76131d103
CVS	CVS Health	5,672	$448	0.4%	$70.89	-13.9%	COM	126650100
—	Vectren Corp Com	7,345	$383	0.3%	$50.24	—	COM	92240G101
—	Magellan Midstream Partners LP	4,500	$340	0.3%	$70.67	—	COM	559080106
O	Realty Income Corp	5,900	$339	0.3%	$42.37	-14.2%	COM	756109104
UNP	Union Pacific Corp	2,895	$300	0.2%	$80.32	0.0%	COM	907818108
—	Unilever PLC	6,841	$278	0.2%	$47.36	—	ADR	904767704
—	Wells Fargo & Co Warrant Exp 1	11,725	$250	0.2%	$12.85	—	WT	949746119
EXPD	Expeditors International	4,580	$243	0.2%	$45.00	+3.5%	COM	302130109
WEC	WEC Energy Group Inc	3,990	$234	0.2%	$46.15	-7.4%	COM	92939U106
—	Kinder Morgan Inc Del Wt Exp 5	51,950	$0	0.0%	$0.02	—	WT	49456b119