HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 10, 2017

Total Value: $127M (100.0% shares, 0.0% debt)

Holdings (43)

BRK/A Berkshire Hathaway Inc Cl A 11.2%

Value $14.24M Shares 57 Est. Cost — Unrealized —

KO Coca-Cola Company 6.7%

Value $8.435M Shares 198,756 Est. Cost — Unrealized —

JNJ Johnson & Johnson 6.0%

Value $7.639M Shares 61,333 Est. Cost — Unrealized —

PEP Pepsico Inc 5.8%

Value $7.299M Shares 65,250 Est. Cost — Unrealized —

MCD McDonald's Corp 5.4%

Value $6.867M Shares 52,985 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 5.3%

Value $6.774M Shares 40,639 Est. Cost — Unrealized —

PG Procter & Gamble Co 5.3%

Value $6.724M Shares 74,836 Est. Cost — Unrealized —

PM Philip Morris International In 5.2%

Value $6.598M Shares 58,444 Est. Cost — Unrealized —

MO Altria Group Inc 5.0%

Value $6.345M Shares 88,847 Est. Cost — Unrealized —

WFC Wells Fargo & Co 4.1%

Value $5.184M Shares 93,134 Est. Cost — Unrealized —

— Anheuser-Busch Inbev SA/NV 3.3%

Value $4.135M Shares 37,675 Est. Cost — Unrealized —

KHC Kraft Heinz Co 3.3%

Value $4.135M Shares 45,538 Est. Cost — Unrealized —

COST Costco Whsl Corp 3.0%

Value $3.841M Shares 22,907 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR New 2.8%

Value $3.581M Shares 30,982 Est. Cost — Unrealized —

IBM International Business Machine 2.8%

Value $3.547M Shares 20,368 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 2.4%

Value $3.022M Shares 26,990 Est. Cost — Unrealized —

AXP American Express Company 2.1%

Value $2.724M Shares 34,434 Est. Cost — Unrealized —

WMT Wal Mart Stores Inc 2.0%

Value $2.518M Shares 34,934 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.8%

Value $2.296M Shares 83,149 Est. Cost — Unrealized —

GPC Genuine Parts Co 1.7%

Value $2.157M Shares 23,344 Est. Cost — Unrealized —

— National Grid PLC Sponsored AD 1.5%

Value $1.875M Shares 29,529 Est. Cost — Unrealized —

ABT Abbott Labs 1.5%

Value $1.86M Shares 41,887 Est. Cost — Unrealized —

— AbbVie Inc 1.4%

Value $1.715M Shares 26,320 Est. Cost — Unrealized —

— Kinder Morgan Srs A Mandatory 1.3%

Value $1.68M Shares 33,682 Est. Cost — Unrealized —

— Enbridge Energy Partners LP 1.2%

Value $1.572M Shares 82,740 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.2%

Value $1.568M Shares 19,323 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 1.0%

Value $1.293M Shares 30,021 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 0.9%

Value $1.111M Shares 10,355 Est. Cost — Unrealized —

BTI British American Tobacco 0.8%

Value $993K Shares 14,980 Est. Cost — Unrealized —

— Restaurant Brands Internationa 0.5%

Value $572K Shares 10,290 Est. Cost — Unrealized —

XOM Exxon Mobil Corp 0.4%

Value $501K Shares 6,108 Est. Cost — Unrealized —

MTB M & T Bank Corp 0.4%

Value $492K Shares 3,181 Est. Cost — Unrealized —

CVS CVS Health 0.3%

Value $436K Shares 5,552 Est. Cost — Unrealized —

— Enbridge Energy Management LLC 0.3%

Value $435K Shares 23,620 Est. Cost — Unrealized —

— Vectren Corp 0.3%

Value $430K Shares 7,345 Est. Cost — Unrealized —

UNP Union Pacific Corp 0.3%

Value $426K Shares 4,025 Est. Cost — Unrealized —

O Realty Income Corp 0.3%

Value $351K Shares 5,900 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.3%

Value $346K Shares 4,500 Est. Cost — Unrealized —

— Unilever PLC 0.3%

Value $338K Shares 6,842 Est. Cost — Unrealized —

— Wells Fargo & Co Warrant Exp 1 0.2%

Value $260K Shares 11,725 Est. Cost — Unrealized —

EXPD Expeditors International 0.2%

Value $259K Shares 4,580 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.2%

Value $232K Shares 3,825 Est. Cost — Unrealized —

— Kinder Morgan Inc Del Wt Exp 5 0.0%

Value $0 Shares 51,950 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	57	$14.24M	11.2%	—	—	COM	084670108
KO	Coca-Cola Company	198,756	$8.435M	6.7%	—	—	COM	191216100
JNJ	Johnson & Johnson	61,333	$7.639M	6.0%	—	—	COM	478160104
PEP	Pepsico Inc	65,250	$7.299M	5.8%	—	—	COM	713448108
MCD	McDonald's Corp	52,985	$6.867M	5.4%	—	—	COM	580135101
BRK/B	Berkshire Hathaway Inc Cl B	40,639	$6.774M	5.3%	—	—	COM	084670702
PG	Procter & Gamble Co	74,836	$6.724M	5.3%	—	—	COM	742718109
PM	Philip Morris International In	58,444	$6.598M	5.2%	—	—	COM	718172109
MO	Altria Group Inc	88,847	$6.345M	5.0%	—	—	COM	02209S103
WFC	Wells Fargo & Co	93,134	$5.184M	4.1%	—	—	COM	949746101
—	Anheuser-Busch Inbev SA/NV	37,675	$4.135M	3.3%	—	—	ADR	03524a108
KHC	Kraft Heinz Co	45,538	$4.135M	3.3%	—	—	COM	500754106
COST	Costco Whsl Corp	22,907	$3.841M	3.0%	—	—	COM	22160K105
DEO	Diageo PLC Sponsored ADR New	30,982	$3.581M	2.8%	—	—	ADR	25243Q205
IBM	International Business Machine	20,368	$3.547M	2.8%	—	—	COM	459200101
NSC	Norfolk Southern Corp	26,990	$3.022M	2.4%	—	—	COM	655844108
AXP	American Express Company	34,434	$2.724M	2.1%	—	—	COM	025816109
WMT	Wal Mart Stores Inc	34,934	$2.518M	2.0%	—	—	COM	931142103
EPD	Enterprise Prods Partners LP	83,149	$2.296M	1.8%	—	—	COM	293792107
GPC	Genuine Parts Co	23,344	$2.157M	1.7%	—	—	COM	372460105
—	National Grid PLC Sponsored AD	29,529	$1.875M	1.5%	—	—	ADR	636274300
ABT	Abbott Labs	41,887	$1.86M	1.5%	—	—	COM	002824100
—	AbbVie Inc	26,320	$1.715M	1.4%	—	—	COM	00287y109
—	Kinder Morgan Srs A Mandatory	33,682	$1.68M	1.3%	—	—	PFD	49456B200
—	Enbridge Energy Partners LP	82,740	$1.572M	1.2%	—	—	COM	29250R106
VRSK	Verisk Analytics	19,323	$1.568M	1.2%	—	—	COM	92345Y106
MDLZ	Mondelez International Inc	30,021	$1.293M	1.0%	—	—	COM	609207105
UPS	United Parcel Svc Inc Cl B	10,355	$1.111M	0.9%	—	—	COM	911312106
BTI	British American Tobacco	14,980	$993K	0.8%	—	—	ADR	110448107
—	Restaurant Brands Internationa	10,290	$572K	0.5%	—	—	COM	76131d103
XOM	Exxon Mobil Corp	6,108	$501K	0.4%	—	—	COM	30231G102
MTB	M & T Bank Corp	3,181	$492K	0.4%	—	—	COM	55261F104
CVS	CVS Health	5,552	$436K	0.3%	—	—	COM	126650100
—	Enbridge Energy Management LLC	23,620	$435K	0.3%	—	—	COM	29250x103
—	Vectren Corp	7,345	$430K	0.3%	—	—	COM	92240G101
UNP	Union Pacific Corp	4,025	$426K	0.3%	—	—	COM	907818108
O	Realty Income Corp	5,900	$351K	0.3%	—	—	COM	756109104
—	Magellan Midstream Partners LP	4,500	$346K	0.3%	—	—	COM	559080106
—	Unilever PLC	6,842	$338K	0.3%	—	—	ADR	904767704
—	Wells Fargo & Co Warrant Exp 1	11,725	$260K	0.2%	—	—	WT	949746119
EXPD	Expeditors International	4,580	$259K	0.2%	—	—	COM	302130109
WEC	WEC Energy Group Inc	3,825	$232K	0.2%	—	—	COM	92939U106
—	Kinder Morgan Inc Del Wt Exp 5	51,950	$0	0.0%	—	—	WT	49456b119