HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: Apr 6, 2018

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

Holdings (42)

BRK/A Berkshire Hathaway Inc Cl A 12.8%

Value $16.45M Shares 55 Est. Cost — Unrealized —

MCD McDonald's Corp 6.3%

Value $8.093M Shares 51,750 Est. Cost — Unrealized —

JNJ Johnson & Johnson 6.2%

Value $7.896M Shares 61,616 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 6.1%

Value $7.856M Shares 39,380 Est. Cost — Unrealized —

KO Coca-Cola Company 6.1%

Value $7.849M Shares 180,732 Est. Cost — Unrealized —

PEP Pepsico Inc 5.7%

Value $7.26M Shares 66,513 Est. Cost — Unrealized —

PG Procter & Gamble Co 4.7%

Value $5.983M Shares 75,473 Est. Cost — Unrealized —

PM Philip Morris International In 4.6%

Value $5.967M Shares 60,032 Est. Cost — Unrealized —

MO Altria Group Inc 4.6%

Value $5.856M Shares 93,972 Est. Cost — Unrealized —

WFC Wells Fargo & Co 3.7%

Value $4.722M Shares 90,101 Est. Cost — Unrealized —

— Anheuser-Busch Inbev SA/NV 3.6%

Value $4.626M Shares 42,080 Est. Cost — Unrealized —

COST Costco Whsl Corp 3.3%

Value $4.242M Shares 22,513 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR New 3.3%

Value $4.173M Shares 30,817 Est. Cost — Unrealized —

KHC Kraft Heinz Co 2.9%

Value $3.666M Shares 58,853 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 2.8%

Value $3.56M Shares 26,216 Est. Cost — Unrealized —

AXP American Express Company 2.3%

Value $2.949M Shares 31,614 Est. Cost — Unrealized —

ABT Abbott Labs 2.3%

Value $2.938M Shares 49,039 Est. Cost — Unrealized —

WMT Wal Mart Stores Inc 2.1%

Value $2.653M Shares 29,819 Est. Cost — Unrealized —

— AbbVie Inc 1.9%

Value $2.441M Shares 25,785 Est. Cost — Unrealized —

GPC Genuine Parts Co 1.7%

Value $2.168M Shares 24,136 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.7%

Value $2.148M Shares 87,754 Est. Cost — Unrealized —

IBM International Business Machine 1.4%

Value $1.744M Shares 11,367 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.3%

Value $1.716M Shares 16,503 Est. Cost — Unrealized —

NGG National Grid PLC Sponsored AD 1.1%

Value $1.393M Shares 24,678 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 1.0%

Value $1.257M Shares 12,011 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 1.0%

Value $1.225M Shares 29,366 Est. Cost — Unrealized —

O Realty Income Corp 0.7%

Value $888K Shares 17,175 Est. Cost — Unrealized —

BTI British American Tobacco 0.7%

Value $873K Shares 15,125 Est. Cost — Unrealized —

— Enbridge Energy Partners LP 0.6%

Value $794K Shares 82,412 Est. Cost — Unrealized —

— Kinder Morgan Srs A Mandatory 0.5%

Value $686K Shares 22,063 Est. Cost — Unrealized —

UNP Union Pacific Corp 0.5%

Value $628K Shares 4,671 Est. Cost — Unrealized —

— Restaurant Brands Internationa 0.5%

Value $596K Shares 10,480 Est. Cost — Unrealized —

MTB M & T Bank Corp 0.5%

Value $582K Shares 3,156 Est. Cost — Unrealized —

— Vectren Corp 0.4%

Value $469K Shares 7,345 Est. Cost — Unrealized —

EXPD Expeditors International 0.2%

Value $290K Shares 4,580 Est. Cost — Unrealized —

— Wells Fargo & Co Warrant Exp 1 0.2%

Value $289K Shares 15,050 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.2%

Value $263K Shares 4,500 Est. Cost — Unrealized —

— Unilever PLC 0.2%

Value $254K Shares 4,574 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.2%

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

XOM Exxon Mobil Corp 0.2%

Value $221K Shares 2,963 Est. Cost — Unrealized —

— Enbridge Energy Management LLC 0.2%

Value $217K Shares 23,721 Est. Cost — Unrealized —

BAX Baxter International 0.2%

Value $206K Shares 3,160 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$16.45M	12.8%	—	—	COM	084670108
MCD	McDonald's Corp	51,750	$8.093M	6.3%	—	—	COM	580135101
JNJ	Johnson & Johnson	61,616	$7.896M	6.2%	—	—	COM	478160104
BRK/B	Berkshire Hathaway Inc Cl B	39,380	$7.856M	6.1%	—	—	COM	084670702
KO	Coca-Cola Company	180,732	$7.849M	6.1%	—	—	COM	191216100
PEP	Pepsico Inc	66,513	$7.26M	5.7%	—	—	COM	713448108
PG	Procter & Gamble Co	75,473	$5.983M	4.7%	—	—	COM	742718109
PM	Philip Morris International In	60,032	$5.967M	4.6%	—	—	COM	718172109
MO	Altria Group Inc	93,972	$5.856M	4.6%	—	—	COM	02209S103
WFC	Wells Fargo & Co	90,101	$4.722M	3.7%	—	—	COM	949746101
—	Anheuser-Busch Inbev SA/NV	42,080	$4.626M	3.6%	—	—	ADR	03524a108
COST	Costco Whsl Corp	22,513	$4.242M	3.3%	—	—	COM	22160K105
DEO	Diageo PLC Sponsored ADR New	30,817	$4.173M	3.3%	—	—	ADR	25243Q205
KHC	Kraft Heinz Co	58,853	$3.666M	2.9%	—	—	COM	500754106
NSC	Norfolk Southern Corp	26,216	$3.56M	2.8%	—	—	COM	655844108
AXP	American Express Company	31,614	$2.949M	2.3%	—	—	COM	025816109
ABT	Abbott Labs	49,039	$2.938M	2.3%	—	—	COM	002824100
WMT	Wal Mart Stores Inc	29,819	$2.653M	2.1%	—	—	COM	931142103
—	AbbVie Inc	25,785	$2.441M	1.9%	—	—	COM	00287y109
GPC	Genuine Parts Co	24,136	$2.168M	1.7%	—	—	COM	372460105
EPD	Enterprise Prods Partners LP	87,754	$2.148M	1.7%	—	—	COM	293792107
IBM	International Business Machine	11,367	$1.744M	1.4%	—	—	COM	459200101
VRSK	Verisk Analytics	16,503	$1.716M	1.3%	—	—	COM	92345Y106
NGG	National Grid PLC Sponsored AD	24,678	$1.393M	1.1%	—	—	ADR	636274409
UPS	United Parcel Svc Inc Cl B	12,011	$1.257M	1.0%	—	—	COM	911312106
MDLZ	Mondelez International Inc	29,366	$1.225M	1.0%	—	—	COM	609207105
O	Realty Income Corp	17,175	$888K	0.7%	—	—	COM	756109104
BTI	British American Tobacco	15,125	$873K	0.7%	—	—	ADR	110448107
—	Enbridge Energy Partners LP	82,412	$794K	0.6%	—	—	COM	29250R106
—	Kinder Morgan Srs A Mandatory	22,063	$686K	0.5%	—	—	PFD	49456B200
UNP	Union Pacific Corp	4,671	$628K	0.5%	—	—	COM	907818108
—	Restaurant Brands Internationa	10,480	$596K	0.5%	—	—	COM	76131d103
MTB	M & T Bank Corp	3,156	$582K	0.5%	—	—	COM	55261F104
—	Vectren Corp	7,345	$469K	0.4%	—	—	COM	92240G101
EXPD	Expeditors International	4,580	$290K	0.2%	—	—	COM	302130109
—	Wells Fargo & Co Warrant Exp 1	15,050	$289K	0.2%	—	—	WT	949746119
—	Magellan Midstream Partners LP	4,500	$263K	0.2%	—	—	COM	559080106
—	Unilever PLC	4,574	$254K	0.2%	—	—	ADR	904767704
WEC	WEC Energy Group Inc	3,825	$240K	0.2%	—	—	COM	92939U106
XOM	Exxon Mobil Corp	2,963	$221K	0.2%	—	—	COM	30231G102
—	Enbridge Energy Management LLC	23,721	$217K	0.2%	—	—	COM	29250x103
BAX	Baxter International	3,160	$206K	0.2%	—	—	COM	071813109