HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: Apr 6, 2018

Total Value ($000): $128,327 (100.0% shares, 0.0% debt)

Holdings (42)

BRK/A Berkshire Hathaway Inc Cl A 12.8%

Value ($000) $16,450 Shares 55 Est. Cost $219349.66 Unrealized +40.5%

MCD McDonald's Corp 6.3%

Value ($000) $8,093 Shares 51,750 Est. Cost $94.53 Unrealized +44.6%

JNJ Johnson & Johnson 6.2%

Value ($000) $7,896 Shares 61,616 Est. Cost $93.52 Unrealized +15.9%

BRK/B Berkshire Hathaway Inc Cl B 6.1%

Value ($000) $7,856 Shares 39,380 Est. Cost $148.75 Unrealized +38.0%

KO Coca-Cola Company 6.1%

Value ($000) $7,849 Shares 180,732 Est. Cost $32.56 Unrealized +7.7%

PEP Pepsico Inc 5.7%

Value ($000) $7,260 Shares 66,513 Est. Cost $81.25 Unrealized +9.9%

PG Procter & Gamble Co 4.7%

Value ($000) $5,983 Shares 75,473 Est. Cost $67.61 Unrealized +0.4%

PM Philip Morris International In 4.6%

Value ($000) $5,967 Shares 60,032 Est. Cost $62.31 Unrealized +10.2%

MO Altria Group Inc 4.6%

Value ($000) $5,856 Shares 93,972 Est. Cost $34.84 Unrealized +5.0%

WFC Wells Fargo & Co 3.7%

Value ($000) $4,722 Shares 90,101 Est. Cost $36.86 Unrealized +29.5%

— Anheuser-Busch Inbev SA/NV 3.6%

Value ($000) $4,626 Shares 42,080 Est. Cost $126.05 Unrealized —

COST Costco Whsl Corp 3.3%

Value ($000) $4,242 Shares 22,513 Est. Cost $136.95 Unrealized +23.6%

DEO Diageo PLC Sponsored ADR New 3.3%

Value ($000) $4,173 Shares 30,817 Est. Cost $115.82 Unrealized —

KHC Kraft Heinz Co 2.9%

Value ($000) $3,666 Shares 58,853 Est. Cost $57.78 Unrealized -15.2%

NSC Norfolk Southern Corp 2.8%

Value ($000) $3,560 Shares 26,216 Est. Cost $75.16 Unrealized +63.2%

AXP American Express Company 2.3%

Value ($000) $2,949 Shares 31,614 Est. Cost $56.58 Unrealized +53.8%

ABT Abbott Labs 2.3%

Value ($000) $2,938 Shares 49,039 Est. Cost $37.34 Unrealized +40.8%

WMT Wal Mart Stores Inc 2.1%

Value ($000) $2,653 Shares 29,819 Est. Cost $20.60 Unrealized +37.6%

— AbbVie Inc 1.9%

Value ($000) $2,441 Shares 25,785 Est. Cost $63.09 Unrealized —

GPC Genuine Parts Co 1.7%

Value ($000) $2,168 Shares 24,136 Est. Cost $76.89 Unrealized -0.1%

EPD Enterprise Prods Partners LP 1.7%

Value ($000) $2,148 Shares 87,754 Est. Cost $27.49 Unrealized —

IBM International Business Machine 1.4%

Value ($000) $1,744 Shares 11,367 Est. Cost $102.10 Unrealized +5.1%

VRSK Verisk Analytics 1.3%

Value ($000) $1,716 Shares 16,503 Est. Cost $79.08 Unrealized +20.6%

NGG National Grid PLC Sponsored AD 1.1%

Value ($000) $1,393 Shares 24,678 Est. Cost $62.82 Unrealized —

UPS United Parcel Svc Inc Cl B 1.0%

Value ($000) $1,257 Shares 12,011 Est. Cost $78.45 Unrealized +8.9%

MDLZ Mondelez International Inc 1.0%

Value ($000) $1,225 Shares 29,366 Est. Cost $35.22 Unrealized +1.8%

O Realty Income Corp 0.7%

Value ($000) $888 Shares 17,175 Est. Cost $38.74 Unrealized -11.9%

BTI British American Tobacco 0.7%

Value ($000) $873 Shares 15,125 Est. Cost $95.55 Unrealized —

— Enbridge Energy Partners LP 0.6%

Value ($000) $794 Shares 82,412 Est. Cost $25.43 Unrealized —

— Kinder Morgan Srs A Mandatory 0.5%

Value ($000) $686 Shares 22,063 Est. Cost $49.87 Unrealized —

UNP Union Pacific Corp 0.5%

Value ($000) $628 Shares 4,671 Est. Cost $83.34 Unrealized +35.7%

— Restaurant Brands Internationa 0.5%

Value ($000) $596 Shares 10,480 Est. Cost $44.93 Unrealized —

MTB M & T Bank Corp 0.5%

Value ($000) $582 Shares 3,156 Est. Cost $88.80 Unrealized +65.1%

— Vectren Corp 0.4%

Value ($000) $469 Shares 7,345 Est. Cost $50.24 Unrealized —

EXPD Expeditors International 0.2%

Value ($000) $290 Shares 4,580 Est. Cost $45.00 Unrealized +29.8%

— Wells Fargo & Co Warrant Exp 1 0.2%

Value ($000) $289 Shares 15,050 Est. Cost $14.23 Unrealized —

— Magellan Midstream Partners LP 0.2%

Value ($000) $263 Shares 4,500 Est. Cost $70.67 Unrealized —

— Unilever PLC 0.2%

Value ($000) $254 Shares 4,574 Est. Cost $48.57 Unrealized —

WEC WEC Energy Group Inc 0.2%

Value ($000) $240 Shares 3,825 Est. Cost $46.15 Unrealized +4.5%

XOM Exxon Mobil Corp 0.2%

Value ($000) $221 Shares 2,963 Est. Cost $58.54 Unrealized -4.8%

— Enbridge Energy Management LLC 0.2%

Value ($000) $217 Shares 23,721 Est. Cost $24.38 Unrealized —

BAX Baxter International 0.2%

Value ($000) $206 Shares 3,160 Est. Cost $53.53 Unrealized +10.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$16,450	12.8%	$219349.66	+40.5%	COM	084670108
MCD	McDonald's Corp	51,750	$8,093	6.3%	$94.53	+44.6%	COM	580135101
JNJ	Johnson & Johnson	61,616	$7,896	6.2%	$93.52	+15.9%	COM	478160104
BRK/B	Berkshire Hathaway Inc Cl B	39,380	$7,856	6.1%	$148.75	+38.0%	COM	084670702
KO	Coca-Cola Company	180,732	$7,849	6.1%	$32.56	+7.7%	COM	191216100
PEP	Pepsico Inc	66,513	$7,260	5.7%	$81.25	+9.9%	COM	713448108
PG	Procter & Gamble Co	75,473	$5,983	4.7%	$67.61	+0.4%	COM	742718109
PM	Philip Morris International In	60,032	$5,967	4.6%	$62.31	+10.2%	COM	718172109
MO	Altria Group Inc	93,972	$5,856	4.6%	$34.84	+5.0%	COM	02209S103
WFC	Wells Fargo & Co	90,101	$4,722	3.7%	$36.86	+29.5%	COM	949746101
—	Anheuser-Busch Inbev SA/NV	42,080	$4,626	3.6%	$126.05	—	ADR	03524a108
COST	Costco Whsl Corp	22,513	$4,242	3.3%	$136.95	+23.6%	COM	22160K105
DEO	Diageo PLC Sponsored ADR New	30,817	$4,173	3.3%	$115.82	—	ADR	25243Q205
KHC	Kraft Heinz Co	58,853	$3,666	2.9%	$57.78	-15.2%	COM	500754106
NSC	Norfolk Southern Corp	26,216	$3,560	2.8%	$75.16	+63.2%	COM	655844108
AXP	American Express Company	31,614	$2,949	2.3%	$56.58	+53.8%	COM	025816109
ABT	Abbott Labs	49,039	$2,938	2.3%	$37.34	+40.8%	COM	002824100
WMT	Wal Mart Stores Inc	29,819	$2,653	2.1%	$20.60	+37.6%	COM	931142103
—	AbbVie Inc	25,785	$2,441	1.9%	$63.09	—	COM	00287y109
GPC	Genuine Parts Co	24,136	$2,168	1.7%	$76.89	-0.1%	COM	372460105
EPD	Enterprise Prods Partners LP	87,754	$2,148	1.7%	$27.49	—	COM	293792107
IBM	International Business Machine	11,367	$1,744	1.4%	$102.10	+5.1%	COM	459200101
VRSK	Verisk Analytics	16,503	$1,716	1.3%	$79.08	+20.6%	COM	92345Y106
NGG	National Grid PLC Sponsored AD	24,678	$1,393	1.1%	$62.82	—	ADR	636274409
UPS	United Parcel Svc Inc Cl B	12,011	$1,257	1.0%	$78.45	+8.9%	COM	911312106
MDLZ	Mondelez International Inc	29,366	$1,225	1.0%	$35.22	+1.8%	COM	609207105
O	Realty Income Corp	17,175	$888	0.7%	$38.74	-11.9%	COM	756109104
BTI	British American Tobacco	15,125	$873	0.7%	$95.55	—	ADR	110448107
—	Enbridge Energy Partners LP	82,412	$794	0.6%	$25.43	—	COM	29250R106
—	Kinder Morgan Srs A Mandatory	22,063	$686	0.5%	$49.87	—	PFD	49456B200
UNP	Union Pacific Corp	4,671	$628	0.5%	$83.34	+35.7%	COM	907818108
—	Restaurant Brands Internationa	10,480	$596	0.5%	$44.93	—	COM	76131d103
MTB	M & T Bank Corp	3,156	$582	0.5%	$88.80	+65.1%	COM	55261F104
—	Vectren Corp	7,345	$469	0.4%	$50.24	—	COM	92240G101
EXPD	Expeditors International	4,580	$290	0.2%	$45.00	+29.8%	COM	302130109
—	Wells Fargo & Co Warrant Exp 1	15,050	$289	0.2%	$14.23	—	WT	949746119
—	Magellan Midstream Partners LP	4,500	$263	0.2%	$70.67	—	COM	559080106
—	Unilever PLC	4,574	$254	0.2%	$48.57	—	ADR	904767704
WEC	WEC Energy Group Inc	3,825	$240	0.2%	$46.15	+4.5%	COM	92939U106
XOM	Exxon Mobil Corp	2,963	$221	0.2%	$58.54	-4.8%	COM	30231G102
—	Enbridge Energy Management LLC	23,721	$217	0.2%	$24.38	—	COM	29250x103
BAX	Baxter International	3,160	$206	0.2%	$53.53	+10.1%	COM	071813109