HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q3 2017 (← Previous) (Next →)

Filing Date: Oct 30, 2017

Total Value ($000): $132,079 (100.0% shares, 0.0% debt)

Holdings (43)

BRK/A Berkshire Hathaway Inc Cl A 11.6%

Value ($000) $15,385 Shares 56 Est. Cost $219349.66 Unrealized +21.0%

KO Coca-Cola Company 6.6%

Value ($000) $8,723 Shares 193,812 Est. Cost $32.56 Unrealized +7.3%

MCD McDonald's Corp 6.2%

Value ($000) $8,253 Shares 52,675 Est. Cost $94.53 Unrealized +36.1%

JNJ Johnson & Johnson 6.1%

Value ($000) $8,016 Shares 61,660 Est. Cost $93.52 Unrealized +12.2%

BRK/B Berkshire Hathaway Inc Cl B 5.7%

Value ($000) $7,521 Shares 41,029 Est. Cost $147.29 Unrealized +20.0%

PEP Pepsico Inc 5.5%

Value ($000) $7,264 Shares 65,193 Est. Cost $81.05 Unrealized +10.3%

PG Procter & Gamble Co 5.0%

Value ($000) $6,634 Shares 72,917 Est. Cost $67.52 Unrealized +8.1%

PM Philip Morris International In 4.9%

Value ($000) $6,468 Shares 58,262 Est. Cost $62.10 Unrealized +21.2%

MO Altria Group Inc 4.4%

Value ($000) $5,753 Shares 90,712 Est. Cost $34.78 Unrealized +3.8%

WFC Wells Fargo & Co 3.9%

Value ($000) $5,133 Shares 93,070 Est. Cost $36.86 Unrealized +14.3%

— Anheuser-Busch Inbev SA/NV 3.7%

Value ($000) $4,921 Shares 41,250 Est. Cost $126.29 Unrealized —

KHC Kraft Heinz Co 3.2%

Value ($000) $4,250 Shares 54,798 Est. Cost $58.20 Unrealized -3.1%

DEO Diageo PLC Sponsored ADR New 3.1%

Value ($000) $4,120 Shares 31,182 Est. Cost $115.82 Unrealized —

COST Costco Whsl Corp 2.8%

Value ($000) $3,726 Shares 22,678 Est. Cost $136.95 Unrealized +2.3%

NSC Norfolk Southern Corp 2.7%

Value ($000) $3,519 Shares 26,610 Est. Cost $75.16 Unrealized +36.7%

AXP American Express Company 2.3%

Value ($000) $3,079 Shares 34,034 Est. Cost $56.58 Unrealized +35.4%

IBM International Business Machine 2.0%

Value ($000) $2,579 Shares 17,775 Est. Cost $102.10 Unrealized -5.1%

ABT Abbott Labs 1.9%

Value ($000) $2,535 Shares 47,508 Est. Cost $36.95 Unrealized +17.3%

WMT Wal Mart Stores Inc 1.8%

Value ($000) $2,365 Shares 30,264 Est. Cost $20.60 Unrealized +11.2%

— AbbVie Inc 1.7%

Value ($000) $2,296 Shares 25,835 Est. Cost $63.09 Unrealized —

GPC Genuine Parts Co 1.7%

Value ($000) $2,281 Shares 23,845 Est. Cost $77.02 Unrealized -13.4%

EPD Enterprise Prods Partners LP 1.6%

Value ($000) $2,133 Shares 81,834 Est. Cost $27.62 Unrealized —

NGG National Grid PLC Sponsored AD 1.3%

Value ($000) $1,666 Shares 26,572 Est. Cost $62.82 Unrealized —

— Kinder Morgan Srs A Mandatory 1.1%

Value ($000) $1,429 Shares 33,593 Est. Cost $49.87 Unrealized —

VRSK Verisk Analytics 1.1%

Value ($000) $1,424 Shares 17,123 Est. Cost $79.08 Unrealized +0.1%

UPS United Parcel Svc Inc Cl B 1.1%

Value ($000) $1,400 Shares 11,656 Est. Cost $77.96 Unrealized +6.3%

— Enbridge Energy Partners LP 1.0%

Value ($000) $1,317 Shares 82,412 Est. Cost $25.43 Unrealized —

MDLZ Mondelez International Inc 0.9%

Value ($000) $1,194 Shares 29,366 Est. Cost $35.22 Unrealized -1.5%

BTI British American Tobacco 0.7%

Value ($000) $936 Shares 14,980 Est. Cost $95.55 Unrealized —

O Realty Income Corp 0.5%

Value ($000) $689 Shares 12,055 Est. Cost $39.72 Unrealized -6.4%

— Restaurant Brands Internationa 0.5%

Value ($000) $656 Shares 10,290 Est. Cost $44.71 Unrealized —

UNP Union Pacific Corp 0.4%

Value ($000) $542 Shares 4,671 Est. Cost $83.34 Unrealized +6.9%

MTB M & T Bank Corp 0.4%

Value ($000) $512 Shares 3,181 Est. Cost $88.80 Unrealized +37.9%

— Vectren Corp 0.4%

Value ($000) $483 Shares 7,345 Est. Cost $50.24 Unrealized —

XOM Exxon Mobil Corp 0.3%

Value ($000) $426 Shares 5,193 Est. Cost $58.54 Unrealized -7.2%

CVS CVS Health 0.3%

Value ($000) $410 Shares 5,042 Est. Cost $70.89 Unrealized -14.2%

— Unilever PLC 0.3%

Value ($000) $397 Shares 6,843 Est. Cost $47.36 Unrealized —

— Enbridge Energy Management LLC 0.3%

Value ($000) $349 Shares 22,574 Est. Cost $25.05 Unrealized —

— Magellan Midstream Partners LP 0.2%

Value ($000) $320 Shares 4,500 Est. Cost $70.67 Unrealized —

EXPD Expeditors International 0.2%

Value ($000) $274 Shares 4,580 Est. Cost $45.00 Unrealized +14.9%

— Wells Fargo & Co Warrant Exp 1 0.2%

Value ($000) $258 Shares 11,975 Est. Cost $12.96 Unrealized —

WEC WEC Energy Group Inc 0.2%

Value ($000) $240 Shares 3,825 Est. Cost $46.15 Unrealized +5.7%

BAX Baxter International 0.2%

Value ($000) $203 Shares 3,230 Est. Cost $53.53 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	56	$15,385	11.6%	$219349.66	+21.0%	COM	084670108
KO	Coca-Cola Company	193,812	$8,723	6.6%	$32.56	+7.3%	COM	191216100
MCD	McDonald's Corp	52,675	$8,253	6.2%	$94.53	+36.1%	COM	580135101
JNJ	Johnson & Johnson	61,660	$8,016	6.1%	$93.52	+12.2%	COM	478160104
BRK/B	Berkshire Hathaway Inc Cl B	41,029	$7,521	5.7%	$147.29	+20.0%	COM	084670702
PEP	Pepsico Inc	65,193	$7,264	5.5%	$81.05	+10.3%	COM	713448108
PG	Procter & Gamble Co	72,917	$6,634	5.0%	$67.52	+8.1%	COM	742718109
PM	Philip Morris International In	58,262	$6,468	4.9%	$62.10	+21.2%	COM	718172109
MO	Altria Group Inc	90,712	$5,753	4.4%	$34.78	+3.8%	COM	02209S103
WFC	Wells Fargo & Co	93,070	$5,133	3.9%	$36.86	+14.3%	COM	949746101
—	Anheuser-Busch Inbev SA/NV	41,250	$4,921	3.7%	$126.29	—	ADR	03524a108
KHC	Kraft Heinz Co	54,798	$4,250	3.2%	$58.20	-3.1%	COM	500754106
DEO	Diageo PLC Sponsored ADR New	31,182	$4,120	3.1%	$115.82	—	ADR	25243Q205
COST	Costco Whsl Corp	22,678	$3,726	2.8%	$136.95	+2.3%	COM	22160K105
NSC	Norfolk Southern Corp	26,610	$3,519	2.7%	$75.16	+36.7%	COM	655844108
AXP	American Express Company	34,034	$3,079	2.3%	$56.58	+35.4%	COM	025816109
IBM	International Business Machine	17,775	$2,579	2.0%	$102.10	-5.1%	COM	459200101
ABT	Abbott Labs	47,508	$2,535	1.9%	$36.95	+17.3%	COM	002824100
WMT	Wal Mart Stores Inc	30,264	$2,365	1.8%	$20.60	+11.2%	COM	931142103
—	AbbVie Inc	25,835	$2,296	1.7%	$63.09	—	COM	00287y109
GPC	Genuine Parts Co	23,845	$2,281	1.7%	$77.02	-13.4%	COM	372460105
EPD	Enterprise Prods Partners LP	81,834	$2,133	1.6%	$27.62	—	COM	293792107
NGG	National Grid PLC Sponsored AD	26,572	$1,666	1.3%	$62.82	—	ADR	636274409
—	Kinder Morgan Srs A Mandatory	33,593	$1,429	1.1%	$49.87	—	PFD	49456B200
VRSK	Verisk Analytics	17,123	$1,424	1.1%	$79.08	+0.1%	COM	92345Y106
UPS	United Parcel Svc Inc Cl B	11,656	$1,400	1.1%	$77.96	+6.3%	COM	911312106
—	Enbridge Energy Partners LP	82,412	$1,317	1.0%	$25.43	—	COM	29250R106
MDLZ	Mondelez International Inc	29,366	$1,194	0.9%	$35.22	-1.5%	COM	609207105
BTI	British American Tobacco	14,980	$936	0.7%	$95.55	—	ADR	110448107
O	Realty Income Corp	12,055	$689	0.5%	$39.72	-6.4%	COM	756109104
—	Restaurant Brands Internationa	10,290	$656	0.5%	$44.71	—	COM	76131d103
UNP	Union Pacific Corp	4,671	$542	0.4%	$83.34	+6.9%	COM	907818108
MTB	M & T Bank Corp	3,181	$512	0.4%	$88.80	+37.9%	COM	55261F104
—	Vectren Corp	7,345	$483	0.4%	$50.24	—	COM	92240G101
XOM	Exxon Mobil Corp	5,193	$426	0.3%	$58.54	-7.2%	COM	30231G102
CVS	CVS Health	5,042	$410	0.3%	$70.89	-14.2%	COM	126650100
—	Unilever PLC	6,843	$397	0.3%	$47.36	—	ADR	904767704
—	Enbridge Energy Management LLC	22,574	$349	0.3%	$25.05	—	COM	29250x103
—	Magellan Midstream Partners LP	4,500	$320	0.2%	$70.67	—	COM	559080106
EXPD	Expeditors International	4,580	$274	0.2%	$45.00	+14.9%	COM	302130109
—	Wells Fargo & Co Warrant Exp 1	11,975	$258	0.2%	$12.96	—	WT	949746119
WEC	WEC Energy Group Inc	3,825	$240	0.2%	$46.15	+5.7%	COM	92939U106
BAX	Baxter International	3,230	$203	0.2%	$53.53	0.0%	COM	071813109