HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Aug 11, 2017

Total Value ($000): $129,709 (100.0% shares, 0.0% debt)

Holdings (42)

BRK/A Berkshire Hathaway Inc Cl A 11.2%

Value ($000) $14,518 Shares 57 Est. Cost $219349.66 Unrealized +13.8%

KO Coca-Cola Company 6.8%

Value ($000) $8,807 Shares 196,356 Est. Cost $32.56 Unrealized +3.4%

JNJ Johnson & Johnson 6.3%

Value ($000) $8,134 Shares 61,488 Est. Cost $93.52 Unrealized +7.3%

MCD McDonald's Corp 6.2%

Value ($000) $8,071 Shares 52,700 Est. Cost $94.53 Unrealized +24.7%

PEP Pepsico Inc 5.8%

Value ($000) $7,523 Shares 65,140 Est. Cost $81.05 Unrealized +8.8%

PM Philip Morris International In 5.3%

Value ($000) $6,826 Shares 58,119 Est. Cost $62.10 Unrealized +19.6%

BRK/B Berkshire Hathaway Inc Cl B 5.2%

Value ($000) $6,733 Shares 39,754 Est. Cost $146.35 Unrealized +13.7%

MO Altria Group Inc 5.1%

Value ($000) $6,577 Shares 88,312 Est. Cost $34.74 Unrealized +13.1%

PG Procter & Gamble Co 4.9%

Value ($000) $6,338 Shares 72,727 Est. Cost $67.52 Unrealized +3.9%

WFC Wells Fargo & Co 4.0%

Value ($000) $5,144 Shares 92,840 Est. Cost $36.86 Unrealized +14.4%

— Anheuser-Busch Inbev SA/NV 3.5%

Value ($000) $4,533 Shares 41,075 Est. Cost $126.29 Unrealized —

KHC Kraft Heinz Co 3.4%

Value ($000) $4,463 Shares 52,113 Est. Cost $58.29 Unrealized +4.2%

DEO Diageo PLC Sponsored ADR New 2.9%

Value ($000) $3,700 Shares 30,877 Est. Cost $115.82 Unrealized —

COST Costco Whsl Corp 2.8%

Value ($000) $3,640 Shares 22,763 Est. Cost $136.95 Unrealized +10.2%

NSC Norfolk Southern Corp 2.5%

Value ($000) $3,262 Shares 26,805 Est. Cost $75.16 Unrealized +31.4%

IBM International Business Machine 2.4%

Value ($000) $3,109 Shares 20,209 Est. Cost $102.10 Unrealized +1.6%

AXP American Express Company 2.2%

Value ($000) $2,867 Shares 34,034 Est. Cost $56.58 Unrealized +24.2%

WMT Wal Mart Stores Inc 1.8%

Value ($000) $2,361 Shares 31,199 Est. Cost $20.60 Unrealized +6.9%

EPD Enterprise Prods Partners LP 1.7%

Value ($000) $2,254 Shares 83,229 Est. Cost $27.62 Unrealized —

GPC Genuine Parts Co 1.7%

Value ($000) $2,207 Shares 23,789 Est. Cost $77.02 Unrealized -7.2%

ABT Abbott Labs 1.6%

Value ($000) $2,056 Shares 42,298 Est. Cost $36.16 Unrealized +7.6%

— AbbVie Inc 1.4%

Value ($000) $1,873 Shares 25,835 Est. Cost $63.09 Unrealized —

NGG National Grid PLC Sponsored AD 1.3%

Value ($000) $1,697 Shares 27,012 Est. Cost $62.82 Unrealized —

VRSK Verisk Analytics 1.2%

Value ($000) $1,573 Shares 18,643 Est. Cost $79.08 Unrealized -2.2%

— Kinder Morgan Srs A Mandatory 1.2%

Value ($000) $1,499 Shares 34,152 Est. Cost $49.87 Unrealized —

— Enbridge Energy Partners LP 1.0%

Value ($000) $1,324 Shares 82,740 Est. Cost $25.43 Unrealized —

MDLZ Mondelez International Inc 1.0%

Value ($000) $1,288 Shares 29,826 Est. Cost $35.22 Unrealized +4.1%

UPS United Parcel Svc Inc Cl B 1.0%

Value ($000) $1,238 Shares 11,196 Est. Cost $77.75 Unrealized -0.6%

BTI British American Tobacco 0.8%

Value ($000) $1,027 Shares 14,980 Est. Cost $95.55 Unrealized —

— Restaurant Brands Internationa 0.5%

Value ($000) $643 Shares 10,290 Est. Cost $44.71 Unrealized —

MTB M & T Bank Corp 0.4%

Value ($000) $515 Shares 3,181 Est. Cost $88.80 Unrealized +37.8%

XOM Exxon Mobil Corp 0.4%

Value ($000) $465 Shares 5,763 Est. Cost $58.54 Unrealized -5.2%

UNP Union Pacific Corp 0.4%

Value ($000) $454 Shares 4,166 Est. Cost $82.64 Unrealized +9.0%

CVS CVS Health 0.3%

Value ($000) $447 Shares 5,552 Est. Cost $70.89 Unrealized -14.9%

— Vectren Corp 0.3%

Value ($000) $429 Shares 7,345 Est. Cost $50.24 Unrealized —

— Unilever PLC 0.3%

Value ($000) $370 Shares 6,842 Est. Cost $47.36 Unrealized —

— Enbridge Energy Management LLC 0.3%

Value ($000) $340 Shares 22,076 Est. Cost $25.26 Unrealized —

O Realty Income Corp 0.3%

Value ($000) $326 Shares 5,900 Est. Cost $42.37 Unrealized -13.6%

— Magellan Midstream Partners LP 0.2%

Value ($000) $321 Shares 4,500 Est. Cost $70.67 Unrealized —

— Wells Fargo & Co Warrant Exp 1 0.2%

Value ($000) $263 Shares 11,825 Est. Cost $12.85 Unrealized —

EXPD Expeditors International 0.2%

Value ($000) $259 Shares 4,580 Est. Cost $45.00 Unrealized +9.9%

WEC WEC Energy Group Inc 0.2%

Value ($000) $235 Shares 3,825 Est. Cost $46.15 Unrealized +1.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	57	$14,518	11.2%	$219349.66	+13.8%	COM	084670108
KO	Coca-Cola Company	196,356	$8,807	6.8%	$32.56	+3.4%	COM	191216100
JNJ	Johnson & Johnson	61,488	$8,134	6.3%	$93.52	+7.3%	COM	478160104
MCD	McDonald's Corp	52,700	$8,071	6.2%	$94.53	+24.7%	COM	580135101
PEP	Pepsico Inc	65,140	$7,523	5.8%	$81.05	+8.8%	COM	713448108
PM	Philip Morris International In	58,119	$6,826	5.3%	$62.10	+19.6%	COM	718172109
BRK/B	Berkshire Hathaway Inc Cl B	39,754	$6,733	5.2%	$146.35	+13.7%	COM	084670702
MO	Altria Group Inc	88,312	$6,577	5.1%	$34.74	+13.1%	COM	02209S103
PG	Procter & Gamble Co	72,727	$6,338	4.9%	$67.52	+3.9%	COM	742718109
WFC	Wells Fargo & Co	92,840	$5,144	4.0%	$36.86	+14.4%	COM	949746101
—	Anheuser-Busch Inbev SA/NV	41,075	$4,533	3.5%	$126.29	—	ADR	03524a108
KHC	Kraft Heinz Co	52,113	$4,463	3.4%	$58.29	+4.2%	COM	500754106
DEO	Diageo PLC Sponsored ADR New	30,877	$3,700	2.9%	$115.82	—	ADR	25243Q205
COST	Costco Whsl Corp	22,763	$3,640	2.8%	$136.95	+10.2%	COM	22160K105
NSC	Norfolk Southern Corp	26,805	$3,262	2.5%	$75.16	+31.4%	COM	655844108
IBM	International Business Machine	20,209	$3,109	2.4%	$102.10	+1.6%	COM	459200101
AXP	American Express Company	34,034	$2,867	2.2%	$56.58	+24.2%	COM	025816109
WMT	Wal Mart Stores Inc	31,199	$2,361	1.8%	$20.60	+6.9%	COM	931142103
EPD	Enterprise Prods Partners LP	83,229	$2,254	1.7%	$27.62	—	COM	293792107
GPC	Genuine Parts Co	23,789	$2,207	1.7%	$77.02	-7.2%	COM	372460105
ABT	Abbott Labs	42,298	$2,056	1.6%	$36.16	+7.6%	COM	002824100
—	AbbVie Inc	25,835	$1,873	1.4%	$63.09	—	COM	00287y109
NGG	National Grid PLC Sponsored AD	27,012	$1,697	1.3%	$62.82	—	ADR	636274409
VRSK	Verisk Analytics	18,643	$1,573	1.2%	$79.08	-2.2%	COM	92345Y106
—	Kinder Morgan Srs A Mandatory	34,152	$1,499	1.2%	$49.87	—	PFD	49456B200
—	Enbridge Energy Partners LP	82,740	$1,324	1.0%	$25.43	—	COM	29250R106
MDLZ	Mondelez International Inc	29,826	$1,288	1.0%	$35.22	+4.1%	COM	609207105
UPS	United Parcel Svc Inc Cl B	11,196	$1,238	1.0%	$77.75	-0.6%	COM	911312106
BTI	British American Tobacco	14,980	$1,027	0.8%	$95.55	—	ADR	110448107
—	Restaurant Brands Internationa	10,290	$643	0.5%	$44.71	—	COM	76131d103
MTB	M & T Bank Corp	3,181	$515	0.4%	$88.80	+37.8%	COM	55261F104
XOM	Exxon Mobil Corp	5,763	$465	0.4%	$58.54	-5.2%	COM	30231G102
UNP	Union Pacific Corp	4,166	$454	0.4%	$82.64	+9.0%	COM	907818108
CVS	CVS Health	5,552	$447	0.3%	$70.89	-14.9%	COM	126650100
—	Vectren Corp	7,345	$429	0.3%	$50.24	—	COM	92240G101
—	Unilever PLC	6,842	$370	0.3%	$47.36	—	ADR	904767704
—	Enbridge Energy Management LLC	22,076	$340	0.3%	$25.26	—	COM	29250x103
O	Realty Income Corp	5,900	$326	0.3%	$42.37	-13.6%	COM	756109104
—	Magellan Midstream Partners LP	4,500	$321	0.2%	$70.67	—	COM	559080106
—	Wells Fargo & Co Warrant Exp 1	11,825	$263	0.2%	$12.85	—	WT	949746119
EXPD	Expeditors International	4,580	$259	0.2%	$45.00	+9.9%	COM	302130109
WEC	WEC Energy Group Inc	3,825	$235	0.2%	$46.15	+1.6%	COM	92939U106