HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q2 2018 (← Previous) (Next →)

Filing Date: Jul 6, 2018

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

Holdings (44)

BRK/A Berkshire Hathaway Inc Cl A 12.1%

Value $15.51M Shares 55 Est. Cost — Unrealized —

MCD McDonald's Corp 6.3%

Value $8.125M Shares 51,855 Est. Cost — Unrealized —

KO Coca-Cola Company 6.1%

Value $7.798M Shares 177,787 Est. Cost — Unrealized —

PEP Pepsico Inc 5.9%

Value $7.502M Shares 68,908 Est. Cost — Unrealized —

JNJ Johnson & Johnson 5.9%

Value $7.498M Shares 61,791 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 5.6%

Value $7.228M Shares 38,723 Est. Cost — Unrealized —

PG Procter & Gamble Co 4.6%

Value $5.942M Shares 76,118 Est. Cost — Unrealized —

MO Altria Group Inc 4.3%

Value $5.443M Shares 95,847 Est. Cost — Unrealized —

PM Philip Morris International In 4.3%

Value $5.441M Shares 67,387 Est. Cost — Unrealized —

WFC Wells Fargo & Co 3.7%

Value $4.728M Shares 85,281 Est. Cost — Unrealized —

COST Costco Whsl Corp 3.7%

Value $4.705M Shares 22,513 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR New 3.5%

Value $4.425M Shares 30,727 Est. Cost — Unrealized —

— Anheuser-Busch Inbev SA/NV 3.4%

Value $4.324M Shares 42,910 Est. Cost — Unrealized —

KHC Kraft Heinz Co 3.2%

Value $4.042M Shares 64,343 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 3.1%

Value $3.955M Shares 26,216 Est. Cost — Unrealized —

AXP American Express Company 2.4%

Value $3.066M Shares 31,289 Est. Cost — Unrealized —

ABT Abbott Labs 2.4%

Value $3.013M Shares 49,399 Est. Cost — Unrealized —

WMT Wal Mart Stores Inc 2.0%

Value $2.559M Shares 29,874 Est. Cost — Unrealized —

GPC Genuine Parts Co 1.9%

Value $2.489M Shares 27,111 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.9%

Value $2.447M Shares 88,434 Est. Cost — Unrealized —

— AbbVie Inc 1.8%

Value $2.341M Shares 25,265 Est. Cost — Unrealized —

— Restaurant Brands Internationa 1.4%

Value $1.77M Shares 29,365 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.4%

Value $1.739M Shares 16,153 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 1.1%

Value $1.427M Shares 13,431 Est. Cost — Unrealized —

O Realty Income Corp 0.9%

Value $1.166M Shares 21,675 Est. Cost — Unrealized —

NGG National Grid PLC Sponsored AD 0.9%

Value $1.099M Shares 19,685 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 0.7%

Value $898K Shares 21,911 Est. Cost — Unrealized —

— Enbridge Energy Partners LP 0.7%

Value $834K Shares 76,277 Est. Cost — Unrealized —

IBM International Business Machine 0.6%

Value $827K Shares 5,917 Est. Cost — Unrealized —

BTI British American Tobacco 0.6%

Value $771K Shares 15,275 Est. Cost — Unrealized —

— Kinder Morgan Srs A Mandatory 0.5%

Value $673K Shares 19,403 Est. Cost — Unrealized —

UNP Union Pacific Corp 0.5%

Value $662K Shares 4,671 Est. Cost — Unrealized —

— Vectren Corp 0.4%

Value $535K Shares 7,490 Est. Cost — Unrealized —

— Wells Fargo & Co Warrant Exp 1 0.3%

Value $384K Shares 17,455 Est. Cost — Unrealized —

MTB M & T Bank Corp 0.3%

Value $355K Shares 2,086 Est. Cost — Unrealized —

EXPD Expeditors International 0.3%

Value $335K Shares 4,580 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.2%

Value $311K Shares 4,500 Est. Cost — Unrealized —

— Unilever PLC 0.2%

Value $255K Shares 4,615 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.2%

Value $247K Shares 3,825 Est. Cost — Unrealized —

XOM Exxon Mobil Corp 0.2%

Value $245K Shares 2,963 Est. Cost — Unrealized —

— Store Capital 0.2%

Value $239K Shares 8,715 Est. Cost — Unrealized —

BAX Baxter International 0.2%

Value $233K Shares 3,160 Est. Cost — Unrealized —

— Enbridge Energy Management LLC 0.2%

Value $221K Shares 21,552 Est. Cost — Unrealized —

AAPL Apple Computer Inc 0.2%

Value $213K Shares 1,150 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$15.51M	12.1%	—	—	COM	084670108
MCD	McDonald's Corp	51,855	$8.125M	6.3%	—	—	COM	580135101
KO	Coca-Cola Company	177,787	$7.798M	6.1%	—	—	COM	191216100
PEP	Pepsico Inc	68,908	$7.502M	5.9%	—	—	COM	713448108
JNJ	Johnson & Johnson	61,791	$7.498M	5.9%	—	—	COM	478160104
BRK/B	Berkshire Hathaway Inc Cl B	38,723	$7.228M	5.6%	—	—	COM	084670702
PG	Procter & Gamble Co	76,118	$5.942M	4.6%	—	—	COM	742718109
MO	Altria Group Inc	95,847	$5.443M	4.3%	—	—	COM	02209S103
PM	Philip Morris International In	67,387	$5.441M	4.3%	—	—	COM	718172109
WFC	Wells Fargo & Co	85,281	$4.728M	3.7%	—	—	COM	949746101
COST	Costco Whsl Corp	22,513	$4.705M	3.7%	—	—	COM	22160K105
DEO	Diageo PLC Sponsored ADR New	30,727	$4.425M	3.5%	—	—	ADR	25243Q205
—	Anheuser-Busch Inbev SA/NV	42,910	$4.324M	3.4%	—	—	ADR	03524a108
KHC	Kraft Heinz Co	64,343	$4.042M	3.2%	—	—	COM	500754106
NSC	Norfolk Southern Corp	26,216	$3.955M	3.1%	—	—	COM	655844108
AXP	American Express Company	31,289	$3.066M	2.4%	—	—	COM	025816109
ABT	Abbott Labs	49,399	$3.013M	2.4%	—	—	COM	002824100
WMT	Wal Mart Stores Inc	29,874	$2.559M	2.0%	—	—	COM	931142103
GPC	Genuine Parts Co	27,111	$2.489M	1.9%	—	—	COM	372460105
EPD	Enterprise Prods Partners LP	88,434	$2.447M	1.9%	—	—	COM	293792107
—	AbbVie Inc	25,265	$2.341M	1.8%	—	—	COM	00287y109
—	Restaurant Brands Internationa	29,365	$1.77M	1.4%	—	—	COM	76131d103
VRSK	Verisk Analytics	16,153	$1.739M	1.4%	—	—	COM	92345Y106
UPS	United Parcel Svc Inc Cl B	13,431	$1.427M	1.1%	—	—	COM	911312106
O	Realty Income Corp	21,675	$1.166M	0.9%	—	—	COM	756109104
NGG	National Grid PLC Sponsored AD	19,685	$1.099M	0.9%	—	—	ADR	636274409
MDLZ	Mondelez International Inc	21,911	$898K	0.7%	—	—	COM	609207105
—	Enbridge Energy Partners LP	76,277	$834K	0.7%	—	—	COM	29250R106
IBM	International Business Machine	5,917	$827K	0.6%	—	—	COM	459200101
BTI	British American Tobacco	15,275	$771K	0.6%	—	—	ADR	110448107
—	Kinder Morgan Srs A Mandatory	19,403	$673K	0.5%	—	—	PFD	49456B200
UNP	Union Pacific Corp	4,671	$662K	0.5%	—	—	COM	907818108
—	Vectren Corp	7,490	$535K	0.4%	—	—	COM	92240G101
—	Wells Fargo & Co Warrant Exp 1	17,455	$384K	0.3%	—	—	WT	949746119
MTB	M & T Bank Corp	2,086	$355K	0.3%	—	—	COM	55261F104
EXPD	Expeditors International	4,580	$335K	0.3%	—	—	COM	302130109
—	Magellan Midstream Partners LP	4,500	$311K	0.2%	—	—	COM	559080106
—	Unilever PLC	4,615	$255K	0.2%	—	—	ADR	904767704
WEC	WEC Energy Group Inc	3,825	$247K	0.2%	—	—	COM	92939U106
XOM	Exxon Mobil Corp	2,963	$245K	0.2%	—	—	COM	30231G102
—	Store Capital	8,715	$239K	0.2%	—	—	COM	862121100
BAX	Baxter International	3,160	$233K	0.2%	—	—	COM	071813109
—	Enbridge Energy Management LLC	21,552	$221K	0.2%	—	—	COM	29250x103
AAPL	Apple Computer Inc	1,150	$213K	0.2%	—	—	COM	037833100