HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: Feb 12, 2019

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

Holdings (41)

BRK/A Berkshire Hathaway Inc Cl A 13.1%

Value $16.83M Shares 55 Est. Cost — Unrealized —

MCD McDonald's Corp 7.1%

Value $9.137M Shares 51,456 Est. Cost — Unrealized —

KO Coca-Cola Company 6.5%

Value $8.306M Shares 175,425 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 6.2%

Value $7.959M Shares 38,980 Est. Cost — Unrealized —

PEP Pepsico Inc 5.9%

Value $7.599M Shares 68,781 Est. Cost — Unrealized —

JNJ Johnson & Johnson 5.8%

Value $7.477M Shares 57,936 Est. Cost — Unrealized —

PG Procter & Gamble Co 5.4%

Value $6.945M Shares 75,560 Est. Cost — Unrealized —

MO Altria Group Inc 3.8%

Value $4.933M Shares 99,882 Est. Cost — Unrealized —

PM Philip Morris International In 3.8%

Value $4.814M Shares 72,114 Est. Cost — Unrealized —

COST Costco Whsl Corp 3.5%

Value $4.53M Shares 22,238 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR New 3.4%

Value $4.32M Shares 30,462 Est. Cost — Unrealized —

WFC Wells Fargo & Co 3.0%

Value $3.89M Shares 84,409 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 2.8%

Value $3.591M Shares 24,011 Est. Cost — Unrealized —

ABT Abbott Labs 2.8%

Value $3.575M Shares 49,425 Est. Cost — Unrealized —

AXP American Express Company 2.3%

Value $2.966M Shares 31,119 Est. Cost — Unrealized —

WMT Wal Mart Stores Inc 2.2%

Value $2.798M Shares 30,036 Est. Cost — Unrealized —

GPC Genuine Parts Co 2.2%

Value $2.771M Shares 28,861 Est. Cost — Unrealized —

KHC Kraft Heinz Co 2.0%

Value $2.546M Shares 59,147 Est. Cost — Unrealized —

— Restaurant Brands Internationa 1.9%

Value $2.476M Shares 47,340 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.9%

Value $2.4M Shares 97,614 Est. Cost — Unrealized —

— AbbVie Inc 1.9%

Value $2.396M Shares 25,995 Est. Cost — Unrealized —

— Anheuser-Busch Inbev SA/NV 1.8%

Value $2.255M Shares 34,262 Est. Cost — Unrealized —

O Realty Income Corp 1.6%

Value $2.08M Shares 32,989 Est. Cost — Unrealized —

ENB Enbridge Inc 1.5%

Value $1.89M Shares 60,820 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.4%

Value $1.749M Shares 16,043 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 1.1%

Value $1.36M Shares 13,942 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 0.6%

Value $762K Shares 19,046 Est. Cost — Unrealized —

UNP Union Pacific Corp 0.5%

Value $702K Shares 5,076 Est. Cost — Unrealized —

— Store Capital 0.5%

Value $668K Shares 23,595 Est. Cost — Unrealized —

— Novartis ADR 0.5%

Value $603K Shares 7,025 Est. Cost — Unrealized —

FNV Franco-Nevada Corp 0.4%

Value $572K Shares 8,158 Est. Cost — Unrealized —

KMI Kinder Morgan Inc 0.4%

Value $531K Shares 34,531 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.4%

Value $522K Shares 9,145 Est. Cost — Unrealized —

BTI British American Tobacco 0.3%

Value $363K Shares 11,405 Est. Cost — Unrealized —

EXPD Expeditors International 0.2%

Value $312K Shares 4,580 Est. Cost — Unrealized —

HSY Hershey Food Corp 0.2%

Value $307K Shares 2,867 Est. Cost — Unrealized —

MTB M & T Bank Corp 0.2%

Value $299K Shares 2,086 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.2%

Value $265K Shares 3,825 Est. Cost — Unrealized —

— Unilever PLC 0.2%

Value $226K Shares 4,321 Est. Cost — Unrealized —

BAX Baxter International 0.2%

Value $208K Shares 3,160 Est. Cost — Unrealized —

XOM Exxon Mobil Corp 0.2%

Value $201K Shares 2,948 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$16.83M	13.1%	—	—	COM	084670108
MCD	McDonald's Corp	51,456	$9.137M	7.1%	—	—	COM	580135101
KO	Coca-Cola Company	175,425	$8.306M	6.5%	—	—	COM	191216100
BRK/B	Berkshire Hathaway Inc Cl B	38,980	$7.959M	6.2%	—	—	COM	084670702
PEP	Pepsico Inc	68,781	$7.599M	5.9%	—	—	COM	713448108
JNJ	Johnson & Johnson	57,936	$7.477M	5.8%	—	—	COM	478160104
PG	Procter & Gamble Co	75,560	$6.945M	5.4%	—	—	COM	742718109
MO	Altria Group Inc	99,882	$4.933M	3.8%	—	—	COM	02209S103
PM	Philip Morris International In	72,114	$4.814M	3.8%	—	—	COM	718172109
COST	Costco Whsl Corp	22,238	$4.53M	3.5%	—	—	COM	22160K105
DEO	Diageo PLC Sponsored ADR New	30,462	$4.32M	3.4%	—	—	ADR	25243Q205
WFC	Wells Fargo & Co	84,409	$3.89M	3.0%	—	—	COM	949746101
NSC	Norfolk Southern Corp	24,011	$3.591M	2.8%	—	—	COM	655844108
ABT	Abbott Labs	49,425	$3.575M	2.8%	—	—	COM	002824100
AXP	American Express Company	31,119	$2.966M	2.3%	—	—	COM	025816109
WMT	Wal Mart Stores Inc	30,036	$2.798M	2.2%	—	—	COM	931142103
GPC	Genuine Parts Co	28,861	$2.771M	2.2%	—	—	COM	372460105
KHC	Kraft Heinz Co	59,147	$2.546M	2.0%	—	—	COM	500754106
—	Restaurant Brands Internationa	47,340	$2.476M	1.9%	—	—	COM	76131d103
EPD	Enterprise Prods Partners LP	97,614	$2.4M	1.9%	—	—	COM	293792107
—	AbbVie Inc	25,995	$2.396M	1.9%	—	—	COM	00287y109
—	Anheuser-Busch Inbev SA/NV	34,262	$2.255M	1.8%	—	—	ADR	03524a108
O	Realty Income Corp	32,989	$2.08M	1.6%	—	—	COM	756109104
ENB	Enbridge Inc	60,820	$1.89M	1.5%	—	—	COM	29250N105
VRSK	Verisk Analytics	16,043	$1.749M	1.4%	—	—	COM	92345Y106
UPS	United Parcel Svc Inc Cl B	13,942	$1.36M	1.1%	—	—	COM	911312106
MDLZ	Mondelez International Inc	19,046	$762K	0.6%	—	—	COM	609207105
UNP	Union Pacific Corp	5,076	$702K	0.5%	—	—	COM	907818108
—	Store Capital	23,595	$668K	0.5%	—	—	COM	862121100
—	Novartis ADR	7,025	$603K	0.5%	—	—	ADR	66987v109
FNV	Franco-Nevada Corp	8,158	$572K	0.4%	—	—	COM	351858105
KMI	Kinder Morgan Inc	34,531	$531K	0.4%	—	—	COM	49456B101
—	Magellan Midstream Partners LP	9,145	$522K	0.4%	—	—	COM	559080106
BTI	British American Tobacco	11,405	$363K	0.3%	—	—	ADR	110448107
EXPD	Expeditors International	4,580	$312K	0.2%	—	—	COM	302130109
HSY	Hershey Food Corp	2,867	$307K	0.2%	—	—	COM	427866108
MTB	M & T Bank Corp	2,086	$299K	0.2%	—	—	COM	55261F104
WEC	WEC Energy Group Inc	3,825	$265K	0.2%	—	—	COM	92939U106
—	Unilever PLC	4,321	$226K	0.2%	—	—	ADR	904767704
BAX	Baxter International	3,160	$208K	0.2%	—	—	COM	071813109
XOM	Exxon Mobil Corp	2,948	$201K	0.2%	—	—	COM	30231G102