HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 10, 2017

Total Value ($000): $126,807 (100.0% shares, 0.0% debt)

Holdings (43)

BRK/A Berkshire Hathaway Inc Cl A 11.2%

Value ($000) $14,241 Shares 57 Est. Cost $219349.66 Unrealized +14.4%

KO Coca-Cola Company 6.7%

Value ($000) $8,435 Shares 198,756 Est. Cost $32.56 Unrealized -3.2%

JNJ Johnson & Johnson 6.0%

Value ($000) $7,639 Shares 61,333 Est. Cost $93.52 Unrealized -0.1%

PEP Pepsico Inc 5.8%

Value ($000) $7,299 Shares 65,250 Est. Cost $81.05 Unrealized +1.1%

MCD McDonald's Corp 5.4%

Value ($000) $6,867 Shares 52,985 Est. Cost $94.53 Unrealized +7.6%

BRK/B Berkshire Hathaway Inc Cl B 5.3%

Value ($000) $6,774 Shares 40,639 Est. Cost $146.35 Unrealized +14.3%

PG Procter & Gamble Co 5.3%

Value ($000) $6,724 Shares 74,836 Est. Cost $67.52 Unrealized +3.7%

PM Philip Morris International In 5.2%

Value ($000) $6,598 Shares 58,444 Est. Cost $62.10 Unrealized +5.6%

MO Altria Group Inc 5.0%

Value ($000) $6,345 Shares 88,847 Est. Cost $34.74 Unrealized +11.0%

WFC Wells Fargo & Co 4.1%

Value ($000) $5,184 Shares 93,134 Est. Cost $36.86 Unrealized +20.4%

— Anheuser-Busch Inbev SA/NV 3.3%

Value ($000) $4,135 Shares 37,675 Est. Cost $127.73 Unrealized —

KHC Kraft Heinz Co 3.3%

Value ($000) $4,135 Shares 45,538 Est. Cost $57.94 Unrealized +3.4%

COST Costco Whsl Corp 3.0%

Value ($000) $3,841 Shares 22,907 Est. Cost $136.95 Unrealized +4.3%

DEO Diageo PLC Sponsored ADR New 2.8%

Value ($000) $3,581 Shares 30,982 Est. Cost $115.82 Unrealized —

IBM International Business Machine 2.8%

Value ($000) $3,547 Shares 20,368 Est. Cost $102.10 Unrealized +12.0%

NSC Norfolk Southern Corp 2.4%

Value ($000) $3,022 Shares 26,990 Est. Cost $75.16 Unrealized +30.1%

AXP American Express Company 2.1%

Value ($000) $2,724 Shares 34,434 Est. Cost $56.58 Unrealized +22.2%

WMT Wal Mart Stores Inc 2.0%

Value ($000) $2,518 Shares 34,934 Est. Cost $20.60 Unrealized -4.0%

EPD Enterprise Prods Partners LP 1.8%

Value ($000) $2,296 Shares 83,149 Est. Cost $27.62 Unrealized —

GPC Genuine Parts Co 1.7%

Value ($000) $2,157 Shares 23,344 Est. Cost $77.13 Unrealized -3.8%

— National Grid PLC Sponsored AD 1.5%

Value ($000) $1,875 Shares 29,529 Est. Cost $71.11 Unrealized —

ABT Abbott Labs 1.5%

Value ($000) $1,860 Shares 41,887 Est. Cost $36.16 Unrealized +2.1%

— AbbVie Inc 1.4%

Value ($000) $1,715 Shares 26,320 Est. Cost $63.09 Unrealized —

— Kinder Morgan Srs A Mandatory 1.3%

Value ($000) $1,680 Shares 33,682 Est. Cost $49.95 Unrealized —

— Enbridge Energy Partners LP 1.2%

Value ($000) $1,572 Shares 82,740 Est. Cost $25.43 Unrealized —

VRSK Verisk Analytics 1.2%

Value ($000) $1,568 Shares 19,323 Est. Cost $79.08 Unrealized -0.8%

MDLZ Mondelez International Inc 1.0%

Value ($000) $1,293 Shares 30,021 Est. Cost $35.22 Unrealized +1.9%

UPS United Parcel Svc Inc Cl B 0.9%

Value ($000) $1,111 Shares 10,355 Est. Cost $77.79 Unrealized +0.7%

BTI British American Tobacco 0.8%

Value ($000) $993 Shares 14,980 Est. Cost $95.55 Unrealized —

— Restaurant Brands Internationa 0.5%

Value ($000) $572 Shares 10,290 Est. Cost $44.71 Unrealized —

XOM Exxon Mobil Corp 0.4%

Value ($000) $501 Shares 6,108 Est. Cost $58.54 Unrealized -4.1%

MTB M & T Bank Corp 0.4%

Value ($000) $492 Shares 3,181 Est. Cost $88.80 Unrealized +40.7%

CVS CVS Health 0.3%

Value ($000) $436 Shares 5,552 Est. Cost $70.89 Unrealized -14.5%

— Enbridge Energy Management LLC 0.3%

Value ($000) $435 Shares 23,620 Est. Cost $25.26 Unrealized —

— Vectren Corp 0.3%

Value ($000) $430 Shares 7,345 Est. Cost $50.24 Unrealized —

UNP Union Pacific Corp 0.3%

Value ($000) $426 Shares 4,025 Est. Cost $82.37 Unrealized +6.4%

O Realty Income Corp 0.3%

Value ($000) $351 Shares 5,900 Est. Cost $42.37 Unrealized -10.5%

— Magellan Midstream Partners LP 0.3%

Value ($000) $346 Shares 4,500 Est. Cost $70.67 Unrealized —

— Unilever PLC 0.3%

Value ($000) $338 Shares 6,842 Est. Cost $47.36 Unrealized —

— Wells Fargo & Co Warrant Exp 1 0.2%

Value ($000) $260 Shares 11,725 Est. Cost $12.85 Unrealized —

EXPD Expeditors International 0.2%

Value ($000) $259 Shares 4,580 Est. Cost $45.00 Unrealized +9.2%

WEC WEC Energy Group Inc 0.2%

Value ($000) $232 Shares 3,825 Est. Cost $46.15 Unrealized -4.0%

— 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	$14,241	11.2%	$219349.66	+14.4%	COM	084670108
KO	Coca-Cola Company	198,756	$8,435	6.7%	$32.56	-3.2%	COM	191216100
JNJ	Johnson & Johnson	61,333	$7,639	6.0%	$93.52	-0.1%	COM	478160104
PEP	Pepsico Inc	65,250	$7,299	5.8%	$81.05	+1.1%	COM	713448108
MCD	McDonald's Corp	52,985	$6,867	5.4%	$94.53	+7.6%	COM	580135101
BRK/B	Berkshire Hathaway Inc Cl B	40,639	$6,774	5.3%	$146.35	+14.3%	COM	084670702
PG	Procter & Gamble Co	74,836	$6,724	5.3%	$67.52	+3.7%	COM	742718109
PM	Philip Morris International In	58,444	$6,598	5.2%	$62.10	+5.6%	COM	718172109
MO	Altria Group Inc	88,847	$6,345	5.0%	$34.74	+11.0%	COM	02209S103
WFC	Wells Fargo & Co	93,134	$5,184	4.1%	$36.86	+20.4%	COM	949746101
—	Anheuser-Busch Inbev SA/NV	37,675	$4,135	3.3%	$127.73	—	ADR	03524a108
KHC	Kraft Heinz Co	45,538	$4,135	3.3%	$57.94	+3.4%	COM	500754106
COST	Costco Whsl Corp	22,907	$3,841	3.0%	$136.95	+4.3%	COM	22160K105
DEO	Diageo PLC Sponsored ADR New	30,982	$3,581	2.8%	$115.82	—	ADR	25243Q205
IBM	International Business Machine	20,368	$3,547	2.8%	$102.10	+12.0%	COM	459200101
NSC	Norfolk Southern Corp	26,990	$3,022	2.4%	$75.16	+30.1%	COM	655844108
AXP	American Express Company	34,434	$2,724	2.1%	$56.58	+22.2%	COM	025816109
WMT	Wal Mart Stores Inc	34,934	$2,518	2.0%	$20.60	-4.0%	COM	931142103
EPD	Enterprise Prods Partners LP	83,149	$2,296	1.8%	$27.62	—	COM	293792107
GPC	Genuine Parts Co	23,344	$2,157	1.7%	$77.13	-3.8%	COM	372460105
—	National Grid PLC Sponsored AD	29,529	$1,875	1.5%	$71.11	—	ADR	636274300
ABT	Abbott Labs	41,887	$1,860	1.5%	$36.16	+2.1%	COM	002824100
—	AbbVie Inc	26,320	$1,715	1.4%	$63.09	—	COM	00287y109
—	Kinder Morgan Srs A Mandatory	33,682	$1,680	1.3%	$49.95	—	PFD	49456B200
—	Enbridge Energy Partners LP	82,740	$1,572	1.2%	$25.43	—	COM	29250R106
VRSK	Verisk Analytics	19,323	$1,568	1.2%	$79.08	-0.8%	COM	92345Y106
MDLZ	Mondelez International Inc	30,021	$1,293	1.0%	$35.22	+1.9%	COM	609207105
UPS	United Parcel Svc Inc Cl B	10,355	$1,111	0.9%	$77.79	+0.7%	COM	911312106
BTI	British American Tobacco	14,980	$993	0.8%	$95.55	—	ADR	110448107
—	Restaurant Brands Internationa	10,290	$572	0.5%	$44.71	—	COM	76131d103
XOM	Exxon Mobil Corp	6,108	$501	0.4%	$58.54	-4.1%	COM	30231G102
MTB	M & T Bank Corp	3,181	$492	0.4%	$88.80	+40.7%	COM	55261F104
CVS	CVS Health	5,552	$436	0.3%	$70.89	-14.5%	COM	126650100
—	Enbridge Energy Management LLC	23,620	$435	0.3%	$25.26	—	COM	29250x103
—	Vectren Corp	7,345	$430	0.3%	$50.24	—	COM	92240G101
UNP	Union Pacific Corp	4,025	$426	0.3%	$82.37	+6.4%	COM	907818108
O	Realty Income Corp	5,900	$351	0.3%	$42.37	-10.5%	COM	756109104
—	Magellan Midstream Partners LP	4,500	$346	0.3%	$70.67	—	COM	559080106
—	Unilever PLC	6,842	$338	0.3%	$47.36	—	ADR	904767704
—	Wells Fargo & Co Warrant Exp 1	11,725	$260	0.2%	$12.85	—	WT	949746119
EXPD	Expeditors International	4,580	$259	0.2%	$45.00	+9.2%	COM	302130109
WEC	WEC Energy Group Inc	3,825	$232	0.2%	$46.15	-4.0%	COM	92939U106
—	Kinder Morgan Inc Del Wt Exp 5	51,950	$0	0.0%	$0.02	—	WT	49456b119