HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q3 2017 (← Previous) (Next →)

Filing Date: Oct 30, 2017

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

Holdings (43)

BRK/A Berkshire Hathaway Inc Cl A 11.6%

Value $15.38M Shares 56 Est. Cost — Unrealized —

KO Coca-Cola Company 6.6%

Value $8.723M Shares 193,812 Est. Cost — Unrealized —

MCD McDonald's Corp 6.2%

Value $8.253M Shares 52,675 Est. Cost — Unrealized —

JNJ Johnson & Johnson 6.1%

Value $8.016M Shares 61,660 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 5.7%

Value $7.521M Shares 41,029 Est. Cost — Unrealized —

PEP Pepsico Inc 5.5%

Value $7.264M Shares 65,193 Est. Cost — Unrealized —

PG Procter & Gamble Co 5.0%

Value $6.634M Shares 72,917 Est. Cost — Unrealized —

PM Philip Morris International In 4.9%

Value $6.468M Shares 58,262 Est. Cost — Unrealized —

MO Altria Group Inc 4.4%

Value $5.753M Shares 90,712 Est. Cost — Unrealized —

WFC Wells Fargo & Co 3.9%

Value $5.133M Shares 93,070 Est. Cost — Unrealized —

— Anheuser-Busch Inbev SA/NV 3.7%

Value $4.921M Shares 41,250 Est. Cost — Unrealized —

KHC Kraft Heinz Co 3.2%

Value $4.25M Shares 54,798 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR New 3.1%

Value $4.12M Shares 31,182 Est. Cost — Unrealized —

COST Costco Whsl Corp 2.8%

Value $3.726M Shares 22,678 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 2.7%

Value $3.519M Shares 26,610 Est. Cost — Unrealized —

AXP American Express Company 2.3%

Value $3.079M Shares 34,034 Est. Cost — Unrealized —

IBM International Business Machine 2.0%

Value $2.579M Shares 17,775 Est. Cost — Unrealized —

ABT Abbott Labs 1.9%

Value $2.535M Shares 47,508 Est. Cost — Unrealized —

WMT Wal Mart Stores Inc 1.8%

Value $2.365M Shares 30,264 Est. Cost — Unrealized —

— AbbVie Inc 1.7%

Value $2.296M Shares 25,835 Est. Cost — Unrealized —

GPC Genuine Parts Co 1.7%

Value $2.281M Shares 23,845 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.6%

Value $2.133M Shares 81,834 Est. Cost — Unrealized —

NGG National Grid PLC Sponsored AD 1.3%

Value $1.666M Shares 26,572 Est. Cost — Unrealized —

— Kinder Morgan Srs A Mandatory 1.1%

Value $1.429M Shares 33,593 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.1%

Value $1.424M Shares 17,123 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 1.1%

Value $1.4M Shares 11,656 Est. Cost — Unrealized —

— Enbridge Energy Partners LP 1.0%

Value $1.317M Shares 82,412 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 0.9%

Value $1.194M Shares 29,366 Est. Cost — Unrealized —

BTI British American Tobacco 0.7%

Value $936K Shares 14,980 Est. Cost — Unrealized —

O Realty Income Corp 0.5%

Value $689K Shares 12,055 Est. Cost — Unrealized —

— Restaurant Brands Internationa 0.5%

Value $656K Shares 10,290 Est. Cost — Unrealized —

UNP Union Pacific Corp 0.4%

Value $542K Shares 4,671 Est. Cost — Unrealized —

MTB M & T Bank Corp 0.4%

Value $512K Shares 3,181 Est. Cost — Unrealized —

— Vectren Corp 0.4%

Value $483K Shares 7,345 Est. Cost — Unrealized —

XOM Exxon Mobil Corp 0.3%

Value $426K Shares 5,193 Est. Cost — Unrealized —

CVS CVS Health 0.3%

Value $410K Shares 5,042 Est. Cost — Unrealized —

— Unilever PLC 0.3%

Value $397K Shares 6,843 Est. Cost — Unrealized —

— Enbridge Energy Management LLC 0.3%

Value $349K Shares 22,574 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.2%

Value $320K Shares 4,500 Est. Cost — Unrealized —

EXPD Expeditors International 0.2%

Value $274K Shares 4,580 Est. Cost — Unrealized —

— Wells Fargo & Co Warrant Exp 1 0.2%

Value $258K Shares 11,975 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.2%

Value $240K Shares 3,825 Est. Cost — Unrealized —

BAX Baxter International 0.2%

Value $203K Shares 3,230 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	56	$15.38M	11.6%	—	—	COM	084670108
KO	Coca-Cola Company	193,812	$8.723M	6.6%	—	—	COM	191216100
MCD	McDonald's Corp	52,675	$8.253M	6.2%	—	—	COM	580135101
JNJ	Johnson & Johnson	61,660	$8.016M	6.1%	—	—	COM	478160104
BRK/B	Berkshire Hathaway Inc Cl B	41,029	$7.521M	5.7%	—	—	COM	084670702
PEP	Pepsico Inc	65,193	$7.264M	5.5%	—	—	COM	713448108
PG	Procter & Gamble Co	72,917	$6.634M	5.0%	—	—	COM	742718109
PM	Philip Morris International In	58,262	$6.468M	4.9%	—	—	COM	718172109
MO	Altria Group Inc	90,712	$5.753M	4.4%	—	—	COM	02209S103
WFC	Wells Fargo & Co	93,070	$5.133M	3.9%	—	—	COM	949746101
—	Anheuser-Busch Inbev SA/NV	41,250	$4.921M	3.7%	—	—	ADR	03524a108
KHC	Kraft Heinz Co	54,798	$4.25M	3.2%	—	—	COM	500754106
DEO	Diageo PLC Sponsored ADR New	31,182	$4.12M	3.1%	—	—	ADR	25243Q205
COST	Costco Whsl Corp	22,678	$3.726M	2.8%	—	—	COM	22160K105
NSC	Norfolk Southern Corp	26,610	$3.519M	2.7%	—	—	COM	655844108
AXP	American Express Company	34,034	$3.079M	2.3%	—	—	COM	025816109
IBM	International Business Machine	17,775	$2.579M	2.0%	—	—	COM	459200101
ABT	Abbott Labs	47,508	$2.535M	1.9%	—	—	COM	002824100
WMT	Wal Mart Stores Inc	30,264	$2.365M	1.8%	—	—	COM	931142103
—	AbbVie Inc	25,835	$2.296M	1.7%	—	—	COM	00287y109
GPC	Genuine Parts Co	23,845	$2.281M	1.7%	—	—	COM	372460105
EPD	Enterprise Prods Partners LP	81,834	$2.133M	1.6%	—	—	COM	293792107
NGG	National Grid PLC Sponsored AD	26,572	$1.666M	1.3%	—	—	ADR	636274409
—	Kinder Morgan Srs A Mandatory	33,593	$1.429M	1.1%	—	—	PFD	49456B200
VRSK	Verisk Analytics	17,123	$1.424M	1.1%	—	—	COM	92345Y106
UPS	United Parcel Svc Inc Cl B	11,656	$1.4M	1.1%	—	—	COM	911312106
—	Enbridge Energy Partners LP	82,412	$1.317M	1.0%	—	—	COM	29250R106
MDLZ	Mondelez International Inc	29,366	$1.194M	0.9%	—	—	COM	609207105
BTI	British American Tobacco	14,980	$936K	0.7%	—	—	ADR	110448107
O	Realty Income Corp	12,055	$689K	0.5%	—	—	COM	756109104
—	Restaurant Brands Internationa	10,290	$656K	0.5%	—	—	COM	76131d103
UNP	Union Pacific Corp	4,671	$542K	0.4%	—	—	COM	907818108
MTB	M & T Bank Corp	3,181	$512K	0.4%	—	—	COM	55261F104
—	Vectren Corp	7,345	$483K	0.4%	—	—	COM	92240G101
XOM	Exxon Mobil Corp	5,193	$426K	0.3%	—	—	COM	30231G102
CVS	CVS Health	5,042	$410K	0.3%	—	—	COM	126650100
—	Unilever PLC	6,843	$397K	0.3%	—	—	ADR	904767704
—	Enbridge Energy Management LLC	22,574	$349K	0.3%	—	—	COM	29250x103
—	Magellan Midstream Partners LP	4,500	$320K	0.2%	—	—	COM	559080106
EXPD	Expeditors International	4,580	$274K	0.2%	—	—	COM	302130109
—	Wells Fargo & Co Warrant Exp 1	11,975	$258K	0.2%	—	—	WT	949746119
WEC	WEC Energy Group Inc	3,825	$240K	0.2%	—	—	COM	92939U106
BAX	Baxter International	3,230	$203K	0.2%	—	—	COM	071813109