HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: Feb 12, 2019

Total Value ($000): $128,134 (100.0% shares, 0.0% debt)

Holdings (41)

BRK/A Berkshire Hathaway Inc Cl A 13.1%

Value ($000) $16,830 Shares 55 Est. Cost $219349.66 Unrealized +42.7%

MCD McDonald's Corp 7.1%

Value ($000) $9,137 Shares 51,456 Est. Cost $95.06 Unrealized +57.9%

KO Coca-Cola Company 6.5%

Value ($000) $8,306 Shares 175,425 Est. Cost $32.56 Unrealized +17.9%

BRK/B Berkshire Hathaway Inc Cl B 6.2%

Value ($000) $7,959 Shares 38,980 Est. Cost $148.75 Unrealized +40.4%

PEP Pepsico Inc 5.9%

Value ($000) $7,599 Shares 68,781 Est. Cost $81.26 Unrealized +11.6%

JNJ Johnson & Johnson 5.8%

Value ($000) $7,477 Shares 57,936 Est. Cost $93.52 Unrealized +22.0%

PG Procter & Gamble Co 5.4%

Value ($000) $6,945 Shares 75,560 Est. Cost $67.61 Unrealized +10.6%

MO Altria Group Inc 3.8%

Value ($000) $4,933 Shares 99,882 Est. Cost $34.73 Unrealized -4.6%

PM Philip Morris International In 3.8%

Value ($000) $4,814 Shares 72,114 Est. Cost $61.31 Unrealized -6.6%

COST Costco Whsl Corp 3.5%

Value ($000) $4,530 Shares 22,238 Est. Cost $136.95 Unrealized +47.5%

DEO Diageo PLC Sponsored ADR New 3.4%

Value ($000) $4,320 Shares 30,462 Est. Cost $115.82 Unrealized —

WFC Wells Fargo & Co 3.0%

Value ($000) $3,890 Shares 84,409 Est. Cost $36.86 Unrealized +14.0%

NSC Norfolk Southern Corp 2.8%

Value ($000) $3,591 Shares 24,011 Est. Cost $75.16 Unrealized +89.4%

ABT Abbott Labs 2.8%

Value ($000) $3,575 Shares 49,425 Est. Cost $37.34 Unrealized +66.4%

AXP American Express Company 2.3%

Value ($000) $2,966 Shares 31,119 Est. Cost $56.58 Unrealized +67.9%

WMT Wal Mart Stores Inc 2.2%

Value ($000) $2,798 Shares 30,036 Est. Cost $20.60 Unrealized +39.6%

GPC Genuine Parts Co 2.2%

Value ($000) $2,771 Shares 28,861 Est. Cost $76.68 Unrealized +5.0%

KHC Kraft Heinz Co 2.0%

Value ($000) $2,546 Shares 59,147 Est. Cost $56.02 Unrealized -34.6%

— Restaurant Brands Internationa 1.9%

Value ($000) $2,476 Shares 47,340 Est. Cost $56.35 Unrealized —

EPD Enterprise Prods Partners LP 1.9%

Value ($000) $2,400 Shares 97,614 Est. Cost $27.35 Unrealized —

— AbbVie Inc 1.9%

Value ($000) $2,396 Shares 25,995 Est. Cost $63.90 Unrealized —

— Anheuser-Busch Inbev SA/NV 1.8%

Value ($000) $2,255 Shares 34,262 Est. Cost $125.56 Unrealized —

O Realty Income Corp 1.6%

Value ($000) $2,080 Shares 32,989 Est. Cost $38.51 Unrealized +10.1%

ENB Enbridge Inc 1.5%

Value ($000) $1,890 Shares 60,820 Est. Cost $20.87 Unrealized -3.0%

VRSK Verisk Analytics 1.4%

Value ($000) $1,749 Shares 16,043 Est. Cost $79.08 Unrealized +41.3%

UPS United Parcel Svc Inc Cl B 1.1%

Value ($000) $1,360 Shares 13,942 Est. Cost $79.21 Unrealized +3.6%

MDLZ Mondelez International Inc 0.6%

Value ($000) $762 Shares 19,046 Est. Cost $35.22 Unrealized +1.6%

UNP Union Pacific Corp 0.5%

Value ($000) $702 Shares 5,076 Est. Cost $86.77 Unrealized +45.7%

— Store Capital 0.5%

Value ($000) $668 Shares 23,595 Est. Cost $27.80 Unrealized —

— Novartis ADR 0.5%

Value ($000) $603 Shares 7,025 Est. Cost $85.84 Unrealized —

FNV Franco-Nevada Corp 0.4%

Value ($000) $572 Shares 8,158 Est. Cost $62.48 Unrealized 0.0%

KMI Kinder Morgan Inc 0.4%

Value ($000) $531 Shares 34,531 Est. Cost $11.20 Unrealized 0.0%

— Magellan Midstream Partners LP 0.4%

Value ($000) $522 Shares 9,145 Est. Cost $67.58 Unrealized —

BTI British American Tobacco 0.3%

Value ($000) $363 Shares 11,405 Est. Cost $94.95 Unrealized —

EXPD Expeditors International 0.2%

Value ($000) $312 Shares 4,580 Est. Cost $45.00 Unrealized +42.9%

HSY Hershey Food Corp 0.2%

Value ($000) $307 Shares 2,867 Est. Cost $83.88 Unrealized +7.3%

MTB M & T Bank Corp 0.2%

Value ($000) $299 Shares 2,086 Est. Cost $88.80 Unrealized +43.7%

WEC WEC Energy Group Inc 0.2%

Value ($000) $265 Shares 3,825 Est. Cost $46.15 Unrealized +21.3%

— Unilever PLC 0.2%

Value ($000) $226 Shares 4,321 Est. Cost $48.57 Unrealized —

BAX Baxter International 0.2%

Value ($000) $208 Shares 3,160 Est. Cost $53.53 Unrealized +10.1%

XOM Exxon Mobil Corp 0.2%

Value ($000) $201 Shares 2,948 Est. Cost $58.54 Unrealized -3.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$16,830	13.1%	$219349.66	+42.7%	COM	084670108
MCD	McDonald's Corp	51,456	$9,137	7.1%	$95.06	+57.9%	COM	580135101
KO	Coca-Cola Company	175,425	$8,306	6.5%	$32.56	+17.9%	COM	191216100
BRK/B	Berkshire Hathaway Inc Cl B	38,980	$7,959	6.2%	$148.75	+40.4%	COM	084670702
PEP	Pepsico Inc	68,781	$7,599	5.9%	$81.26	+11.6%	COM	713448108
JNJ	Johnson & Johnson	57,936	$7,477	5.8%	$93.52	+22.0%	COM	478160104
PG	Procter & Gamble Co	75,560	$6,945	5.4%	$67.61	+10.6%	COM	742718109
MO	Altria Group Inc	99,882	$4,933	3.8%	$34.73	-4.6%	COM	02209S103
PM	Philip Morris International In	72,114	$4,814	3.8%	$61.31	-6.6%	COM	718172109
COST	Costco Whsl Corp	22,238	$4,530	3.5%	$136.95	+47.5%	COM	22160K105
DEO	Diageo PLC Sponsored ADR New	30,462	$4,320	3.4%	$115.82	—	ADR	25243Q205
WFC	Wells Fargo & Co	84,409	$3,890	3.0%	$36.86	+14.0%	COM	949746101
NSC	Norfolk Southern Corp	24,011	$3,591	2.8%	$75.16	+89.4%	COM	655844108
ABT	Abbott Labs	49,425	$3,575	2.8%	$37.34	+66.4%	COM	002824100
AXP	American Express Company	31,119	$2,966	2.3%	$56.58	+67.9%	COM	025816109
WMT	Wal Mart Stores Inc	30,036	$2,798	2.2%	$20.60	+39.6%	COM	931142103
GPC	Genuine Parts Co	28,861	$2,771	2.2%	$76.68	+5.0%	COM	372460105
KHC	Kraft Heinz Co	59,147	$2,546	2.0%	$56.02	-34.6%	COM	500754106
—	Restaurant Brands Internationa	47,340	$2,476	1.9%	$56.35	—	COM	76131d103
EPD	Enterprise Prods Partners LP	97,614	$2,400	1.9%	$27.35	—	COM	293792107
—	AbbVie Inc	25,995	$2,396	1.9%	$63.90	—	COM	00287y109
—	Anheuser-Busch Inbev SA/NV	34,262	$2,255	1.8%	$125.56	—	ADR	03524a108
O	Realty Income Corp	32,989	$2,080	1.6%	$38.51	+10.1%	COM	756109104
ENB	Enbridge Inc	60,820	$1,890	1.5%	$20.87	-3.0%	COM	29250N105
VRSK	Verisk Analytics	16,043	$1,749	1.4%	$79.08	+41.3%	COM	92345Y106
UPS	United Parcel Svc Inc Cl B	13,942	$1,360	1.1%	$79.21	+3.6%	COM	911312106
MDLZ	Mondelez International Inc	19,046	$762	0.6%	$35.22	+1.6%	COM	609207105
UNP	Union Pacific Corp	5,076	$702	0.5%	$86.77	+45.7%	COM	907818108
—	Store Capital	23,595	$668	0.5%	$27.80	—	COM	862121100
—	Novartis ADR	7,025	$603	0.5%	$85.84	—	ADR	66987v109
FNV	Franco-Nevada Corp	8,158	$572	0.4%	$62.48	0.0%	COM	351858105
KMI	Kinder Morgan Inc	34,531	$531	0.4%	$11.20	0.0%	COM	49456B101
—	Magellan Midstream Partners LP	9,145	$522	0.4%	$67.58	—	COM	559080106
BTI	British American Tobacco	11,405	$363	0.3%	$94.95	—	ADR	110448107
EXPD	Expeditors International	4,580	$312	0.2%	$45.00	+42.9%	COM	302130109
HSY	Hershey Food Corp	2,867	$307	0.2%	$83.88	+7.3%	COM	427866108
MTB	M & T Bank Corp	2,086	$299	0.2%	$88.80	+43.7%	COM	55261F104
WEC	WEC Energy Group Inc	3,825	$265	0.2%	$46.15	+21.3%	COM	92939U106
—	Unilever PLC	4,321	$226	0.2%	$48.57	—	ADR	904767704
BAX	Baxter International	3,160	$208	0.2%	$53.53	+10.1%	COM	071813109
XOM	Exxon Mobil Corp	2,948	$201	0.2%	$58.54	-3.7%	COM	30231G102