HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 1, 2018

Total Value ($000): $140,291 (100.0% shares, 0.0% debt)

Holdings (42)

BRK/A Berkshire Hathaway Inc Cl A 11.7%

Value ($000) $16,368 Shares 55 Est. Cost $219349.66 Unrealized +29.8%

MCD McDonald's Corp 6.4%

Value ($000) $8,976 Shares 52,150 Est. Cost $94.53 Unrealized +46.7%

KO Coca-Cola Company 6.3%

Value ($000) $8,770 Shares 191,162 Est. Cost $32.56 Unrealized +9.4%

JNJ Johnson & Johnson 6.2%

Value ($000) $8,649 Shares 61,906 Est. Cost $93.52 Unrealized +18.7%

BRK/B Berkshire Hathaway Inc Cl B 6.0%

Value ($000) $8,421 Shares 42,483 Est. Cost $148.75 Unrealized +27.6%

PEP Pepsico Inc 5.7%

Value ($000) $8,013 Shares 66,818 Est. Cost $81.25 Unrealized +9.5%

PG Procter & Gamble Co 4.9%

Value ($000) $6,821 Shares 74,242 Est. Cost $67.61 Unrealized +7.5%

MO Altria Group Inc 4.7%

Value ($000) $6,551 Shares 91,742 Est. Cost $34.80 Unrealized +5.3%

PM Philip Morris International In 4.5%

Value ($000) $6,278 Shares 59,422 Est. Cost $62.25 Unrealized +11.8%

WFC Wells Fargo & Co 4.0%

Value ($000) $5,678 Shares 93,595 Est. Cost $36.86 Unrealized +22.3%

— Anheuser-Busch Inbev SA/NV 3.3%

Value ($000) $4,678 Shares 41,930 Est. Cost $126.05 Unrealized —

DEO Diageo PLC Sponsored ADR New 3.2%

Value ($000) $4,540 Shares 31,092 Est. Cost $115.82 Unrealized —

KHC Kraft Heinz Co 3.2%

Value ($000) $4,484 Shares 57,668 Est. Cost $57.96 Unrealized -7.9%

COST Costco Whsl Corp 3.0%

Value ($000) $4,221 Shares 22,678 Est. Cost $136.95 Unrealized +12.8%

NSC Norfolk Southern Corp 2.7%

Value ($000) $3,853 Shares 26,590 Est. Cost $75.16 Unrealized +51.7%

AXP American Express Company 2.4%

Value ($000) $3,380 Shares 34,034 Est. Cost $56.58 Unrealized +50.6%

WMT Wal Mart Stores Inc 2.1%

Value ($000) $2,953 Shares 29,904 Est. Cost $20.60 Unrealized +30.2%

ABT Abbott Labs 2.0%

Value ($000) $2,807 Shares 49,194 Est. Cost $37.34 Unrealized +28.9%

IBM International Business Machine 1.9%

Value ($000) $2,659 Shares 17,330 Est. Cost $102.10 Unrealized +0.0%

— AbbVie Inc 1.8%

Value ($000) $2,499 Shares 25,835 Est. Cost $63.09 Unrealized —

GPC Genuine Parts Co 1.7%

Value ($000) $2,327 Shares 24,490 Est. Cost $76.89 Unrealized -6.2%

EPD Enterprise Prods Partners LP 1.6%

Value ($000) $2,273 Shares 85,724 Est. Cost $27.57 Unrealized —

VRSK Verisk Analytics 1.1%

Value ($000) $1,601 Shares 16,673 Est. Cost $79.08 Unrealized +9.4%

NGG National Grid PLC Sponsored AD 1.1%

Value ($000) $1,540 Shares 26,182 Est. Cost $62.82 Unrealized —

UPS United Parcel Svc Inc Cl B 1.1%

Value ($000) $1,476 Shares 12,391 Est. Cost $78.45 Unrealized +10.0%

— Kinder Morgan Srs A Mandatory 0.9%

Value ($000) $1,285 Shares 33,853 Est. Cost $49.87 Unrealized —

MDLZ Mondelez International Inc 0.9%

Value ($000) $1,257 Shares 29,366 Est. Cost $35.22 Unrealized -2.1%

— Enbridge Energy Partners LP 0.8%

Value ($000) $1,138 Shares 82,412 Est. Cost $25.43 Unrealized —

BTI British American Tobacco 0.7%

Value ($000) $1,004 Shares 14,980 Est. Cost $95.55 Unrealized —

O Realty Income Corp 0.7%

Value ($000) $947 Shares 16,615 Est. Cost $38.89 Unrealized -5.6%

— Restaurant Brands Internationa 0.5%

Value ($000) $635 Shares 10,290 Est. Cost $44.71 Unrealized —

UNP Union Pacific Corp 0.4%

Value ($000) $626 Shares 4,671 Est. Cost $83.34 Unrealized +20.9%

MTB M & T Bank Corp 0.4%

Value ($000) $544 Shares 3,181 Est. Cost $88.80 Unrealized +46.3%

— Vectren Corp 0.3%

Value ($000) $478 Shares 7,345 Est. Cost $50.24 Unrealized —

— Unilever PLC 0.3%

Value ($000) $446 Shares 8,058 Est. Cost $48.57 Unrealized —

XOM Exxon Mobil Corp 0.3%

Value ($000) $398 Shares 4,763 Est. Cost $58.54 Unrealized -2.4%

— Wells Fargo & Co Warrant Exp 1 0.2%

Value ($000) $329 Shares 11,975 Est. Cost $12.96 Unrealized —

— Magellan Midstream Partners LP 0.2%

Value ($000) $319 Shares 4,500 Est. Cost $70.67 Unrealized —

— Enbridge Energy Management LLC 0.2%

Value ($000) $310 Shares 23,143 Est. Cost $24.76 Unrealized —

EXPD Expeditors International 0.2%

Value ($000) $296 Shares 4,580 Est. Cost $45.00 Unrealized +23.2%

WEC WEC Energy Group Inc 0.2%

Value ($000) $254 Shares 3,825 Est. Cost $46.15 Unrealized +12.1%

BAX Baxter International 0.1%

Value ($000) $209 Shares 3,230 Est. Cost $53.53 Unrealized +4.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$16,368	11.7%	$219349.66	+29.8%	COM	084670108
MCD	McDonald's Corp	52,150	$8,976	6.4%	$94.53	+46.7%	COM	580135101
KO	Coca-Cola Company	191,162	$8,770	6.3%	$32.56	+9.4%	COM	191216100
JNJ	Johnson & Johnson	61,906	$8,649	6.2%	$93.52	+18.7%	COM	478160104
BRK/B	Berkshire Hathaway Inc Cl B	42,483	$8,421	6.0%	$148.75	+27.6%	COM	084670702
PEP	Pepsico Inc	66,818	$8,013	5.7%	$81.25	+9.5%	COM	713448108
PG	Procter & Gamble Co	74,242	$6,821	4.9%	$67.61	+7.5%	COM	742718109
MO	Altria Group Inc	91,742	$6,551	4.7%	$34.80	+5.3%	COM	02209S103
PM	Philip Morris International In	59,422	$6,278	4.5%	$62.25	+11.8%	COM	718172109
WFC	Wells Fargo & Co	93,595	$5,678	4.0%	$36.86	+22.3%	COM	949746101
—	Anheuser-Busch Inbev SA/NV	41,930	$4,678	3.3%	$126.05	—	ADR	03524a108
DEO	Diageo PLC Sponsored ADR New	31,092	$4,540	3.2%	$115.82	—	ADR	25243Q205
KHC	Kraft Heinz Co	57,668	$4,484	3.2%	$57.96	-7.9%	COM	500754106
COST	Costco Whsl Corp	22,678	$4,221	3.0%	$136.95	+12.8%	COM	22160K105
NSC	Norfolk Southern Corp	26,590	$3,853	2.7%	$75.16	+51.7%	COM	655844108
AXP	American Express Company	34,034	$3,380	2.4%	$56.58	+50.6%	COM	025816109
WMT	Wal Mart Stores Inc	29,904	$2,953	2.1%	$20.60	+30.2%	COM	931142103
ABT	Abbott Labs	49,194	$2,807	2.0%	$37.34	+28.9%	COM	002824100
IBM	International Business Machine	17,330	$2,659	1.9%	$102.10	+0.0%	COM	459200101
—	AbbVie Inc	25,835	$2,499	1.8%	$63.09	—	COM	00287y109
GPC	Genuine Parts Co	24,490	$2,327	1.7%	$76.89	-6.2%	COM	372460105
EPD	Enterprise Prods Partners LP	85,724	$2,273	1.6%	$27.57	—	COM	293792107
VRSK	Verisk Analytics	16,673	$1,601	1.1%	$79.08	+9.4%	COM	92345Y106
NGG	National Grid PLC Sponsored AD	26,182	$1,540	1.1%	$62.82	—	ADR	636274409
UPS	United Parcel Svc Inc Cl B	12,391	$1,476	1.1%	$78.45	+10.0%	COM	911312106
—	Kinder Morgan Srs A Mandatory	33,853	$1,285	0.9%	$49.87	—	PFD	49456B200
MDLZ	Mondelez International Inc	29,366	$1,257	0.9%	$35.22	-2.1%	COM	609207105
—	Enbridge Energy Partners LP	82,412	$1,138	0.8%	$25.43	—	COM	29250R106
BTI	British American Tobacco	14,980	$1,004	0.7%	$95.55	—	ADR	110448107
O	Realty Income Corp	16,615	$947	0.7%	$38.89	-5.6%	COM	756109104
—	Restaurant Brands Internationa	10,290	$635	0.5%	$44.71	—	COM	76131d103
UNP	Union Pacific Corp	4,671	$626	0.4%	$83.34	+20.9%	COM	907818108
MTB	M & T Bank Corp	3,181	$544	0.4%	$88.80	+46.3%	COM	55261F104
—	Vectren Corp	7,345	$478	0.3%	$50.24	—	COM	92240G101
—	Unilever PLC	8,058	$446	0.3%	$48.57	—	ADR	904767704
XOM	Exxon Mobil Corp	4,763	$398	0.3%	$58.54	-2.4%	COM	30231G102
—	Wells Fargo & Co Warrant Exp 1	11,975	$329	0.2%	$12.96	—	WT	949746119
—	Magellan Midstream Partners LP	4,500	$319	0.2%	$70.67	—	COM	559080106
—	Enbridge Energy Management LLC	23,143	$310	0.2%	$24.76	—	COM	29250x103
EXPD	Expeditors International	4,580	$296	0.2%	$45.00	+23.2%	COM	302130109
WEC	WEC Energy Group Inc	3,825	$254	0.2%	$46.15	+12.1%	COM	92939U106
BAX	Baxter International	3,230	$209	0.1%	$53.53	+4.2%	COM	071813109