HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Aug 11, 2017

Total Value: $130M (100.0% shares, 0.0% debt)

Holdings (42)

BRK/A Berkshire Hathaway Inc Cl A 11.2%

Value $14.52M Shares 57 Est. Cost — Unrealized —

KO Coca-Cola Company 6.8%

Value $8.807M Shares 196,356 Est. Cost — Unrealized —

JNJ Johnson & Johnson 6.3%

Value $8.134M Shares 61,488 Est. Cost — Unrealized —

MCD McDonald's Corp 6.2%

Value $8.071M Shares 52,700 Est. Cost — Unrealized —

PEP Pepsico Inc 5.8%

Value $7.523M Shares 65,140 Est. Cost — Unrealized —

PM Philip Morris International In 5.3%

Value $6.826M Shares 58,119 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 5.2%

Value $6.733M Shares 39,754 Est. Cost — Unrealized —

MO Altria Group Inc 5.1%

Value $6.577M Shares 88,312 Est. Cost — Unrealized —

PG Procter & Gamble Co 4.9%

Value $6.338M Shares 72,727 Est. Cost — Unrealized —

WFC Wells Fargo & Co 4.0%

Value $5.144M Shares 92,840 Est. Cost — Unrealized —

— Anheuser-Busch Inbev SA/NV 3.5%

Value $4.533M Shares 41,075 Est. Cost — Unrealized —

KHC Kraft Heinz Co 3.4%

Value $4.463M Shares 52,113 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR New 2.9%

Value $3.7M Shares 30,877 Est. Cost — Unrealized —

COST Costco Whsl Corp 2.8%

Value $3.64M Shares 22,763 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 2.5%

Value $3.262M Shares 26,805 Est. Cost — Unrealized —

IBM International Business Machine 2.4%

Value $3.109M Shares 20,209 Est. Cost — Unrealized —

AXP American Express Company 2.2%

Value $2.867M Shares 34,034 Est. Cost — Unrealized —

WMT Wal Mart Stores Inc 1.8%

Value $2.361M Shares 31,199 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.7%

Value $2.254M Shares 83,229 Est. Cost — Unrealized —

GPC Genuine Parts Co 1.7%

Value $2.207M Shares 23,789 Est. Cost — Unrealized —

ABT Abbott Labs 1.6%

Value $2.056M Shares 42,298 Est. Cost — Unrealized —

— AbbVie Inc 1.4%

Value $1.873M Shares 25,835 Est. Cost — Unrealized —

NGG National Grid PLC Sponsored AD 1.3%

Value $1.697M Shares 27,012 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.2%

Value $1.573M Shares 18,643 Est. Cost — Unrealized —

— Kinder Morgan Srs A Mandatory 1.2%

Value $1.499M Shares 34,152 Est. Cost — Unrealized —

— Enbridge Energy Partners LP 1.0%

Value $1.324M Shares 82,740 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 1.0%

Value $1.288M Shares 29,826 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 1.0%

Value $1.238M Shares 11,196 Est. Cost — Unrealized —

BTI British American Tobacco 0.8%

Value $1.027M Shares 14,980 Est. Cost — Unrealized —

— Restaurant Brands Internationa 0.5%

Value $643K Shares 10,290 Est. Cost — Unrealized —

MTB M & T Bank Corp 0.4%

Value $515K Shares 3,181 Est. Cost — Unrealized —

XOM Exxon Mobil Corp 0.4%

Value $465K Shares 5,763 Est. Cost — Unrealized —

UNP Union Pacific Corp 0.4%

Value $454K Shares 4,166 Est. Cost — Unrealized —

CVS CVS Health 0.3%

Value $447K Shares 5,552 Est. Cost — Unrealized —

— Vectren Corp 0.3%

Value $429K Shares 7,345 Est. Cost — Unrealized —

— Unilever PLC 0.3%

Value $370K Shares 6,842 Est. Cost — Unrealized —

— Enbridge Energy Management LLC 0.3%

Value $340K Shares 22,076 Est. Cost — Unrealized —

O Realty Income Corp 0.3%

Value $326K Shares 5,900 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.2%

Value $321K Shares 4,500 Est. Cost — Unrealized —

— Wells Fargo & Co Warrant Exp 1 0.2%

Value $263K Shares 11,825 Est. Cost — Unrealized —

EXPD Expeditors International 0.2%

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

WEC WEC Energy Group Inc 0.2%

Value $235K Shares 3,825 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	57	$14.52M	11.2%	—	—	COM	084670108
KO	Coca-Cola Company	196,356	$8.807M	6.8%	—	—	COM	191216100
JNJ	Johnson & Johnson	61,488	$8.134M	6.3%	—	—	COM	478160104
MCD	McDonald's Corp	52,700	$8.071M	6.2%	—	—	COM	580135101
PEP	Pepsico Inc	65,140	$7.523M	5.8%	—	—	COM	713448108
PM	Philip Morris International In	58,119	$6.826M	5.3%	—	—	COM	718172109
BRK/B	Berkshire Hathaway Inc Cl B	39,754	$6.733M	5.2%	—	—	COM	084670702
MO	Altria Group Inc	88,312	$6.577M	5.1%	—	—	COM	02209S103
PG	Procter & Gamble Co	72,727	$6.338M	4.9%	—	—	COM	742718109
WFC	Wells Fargo & Co	92,840	$5.144M	4.0%	—	—	COM	949746101
—	Anheuser-Busch Inbev SA/NV	41,075	$4.533M	3.5%	—	—	ADR	03524a108
KHC	Kraft Heinz Co	52,113	$4.463M	3.4%	—	—	COM	500754106
DEO	Diageo PLC Sponsored ADR New	30,877	$3.7M	2.9%	—	—	ADR	25243Q205
COST	Costco Whsl Corp	22,763	$3.64M	2.8%	—	—	COM	22160K105
NSC	Norfolk Southern Corp	26,805	$3.262M	2.5%	—	—	COM	655844108
IBM	International Business Machine	20,209	$3.109M	2.4%	—	—	COM	459200101
AXP	American Express Company	34,034	$2.867M	2.2%	—	—	COM	025816109
WMT	Wal Mart Stores Inc	31,199	$2.361M	1.8%	—	—	COM	931142103
EPD	Enterprise Prods Partners LP	83,229	$2.254M	1.7%	—	—	COM	293792107
GPC	Genuine Parts Co	23,789	$2.207M	1.7%	—	—	COM	372460105
ABT	Abbott Labs	42,298	$2.056M	1.6%	—	—	COM	002824100
—	AbbVie Inc	25,835	$1.873M	1.4%	—	—	COM	00287y109
NGG	National Grid PLC Sponsored AD	27,012	$1.697M	1.3%	—	—	ADR	636274409
VRSK	Verisk Analytics	18,643	$1.573M	1.2%	—	—	COM	92345Y106
—	Kinder Morgan Srs A Mandatory	34,152	$1.499M	1.2%	—	—	PFD	49456B200
—	Enbridge Energy Partners LP	82,740	$1.324M	1.0%	—	—	COM	29250R106
MDLZ	Mondelez International Inc	29,826	$1.288M	1.0%	—	—	COM	609207105
UPS	United Parcel Svc Inc Cl B	11,196	$1.238M	1.0%	—	—	COM	911312106
BTI	British American Tobacco	14,980	$1.027M	0.8%	—	—	ADR	110448107
—	Restaurant Brands Internationa	10,290	$643K	0.5%	—	—	COM	76131d103
MTB	M & T Bank Corp	3,181	$515K	0.4%	—	—	COM	55261F104
XOM	Exxon Mobil Corp	5,763	$465K	0.4%	—	—	COM	30231G102
UNP	Union Pacific Corp	4,166	$454K	0.4%	—	—	COM	907818108
CVS	CVS Health	5,552	$447K	0.3%	—	—	COM	126650100
—	Vectren Corp	7,345	$429K	0.3%	—	—	COM	92240G101
—	Unilever PLC	6,842	$370K	0.3%	—	—	ADR	904767704
—	Enbridge Energy Management LLC	22,076	$340K	0.3%	—	—	COM	29250x103
O	Realty Income Corp	5,900	$326K	0.3%	—	—	COM	756109104
—	Magellan Midstream Partners LP	4,500	$321K	0.2%	—	—	COM	559080106
—	Wells Fargo & Co Warrant Exp 1	11,825	$263K	0.2%	—	—	WT	949746119
EXPD	Expeditors International	4,580	$259K	0.2%	—	—	COM	302130109
WEC	WEC Energy Group Inc	3,825	$235K	0.2%	—	—	COM	92939U106