HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 10, 2019

Total Value: $137M (100.0% shares, 0.0% debt)

Holdings (41)

BRK/A Berkshire Hathaway Inc Cl A 12.1%

Value $16.57M Shares 55 Est. Cost — Unrealized —

MCD McDonald's Corp 6.8%

Value $9.308M Shares 49,013 Est. Cost — Unrealized —

PEP Pepsico Inc 5.9%

Value $8.021M Shares 65,453 Est. Cost — Unrealized —

KO Coca-Cola Company 5.7%

Value $7.844M Shares 167,401 Est. Cost — Unrealized —

JNJ Johnson & Johnson 5.6%

Value $7.581M Shares 54,229 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 5.5%

Value $7.576M Shares 37,714 Est. Cost — Unrealized —

PG Procter & Gamble Co 5.5%

Value $7.517M Shares 72,246 Est. Cost — Unrealized —

PM Philip Morris International In 4.6%

Value $6.278M Shares 71,024 Est. Cost — Unrealized —

MO Altria Group Inc 4.1%

Value $5.547M Shares 96,584 Est. Cost — Unrealized —

COST Costco Whsl Corp 3.9%

Value $5.361M Shares 22,138 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR New 3.5%

Value $4.775M Shares 29,185 Est. Cost — Unrealized —

WFC Wells Fargo & Co 2.9%

Value $3.938M Shares 81,495 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 2.9%

Value $3.905M Shares 20,896 Est. Cost — Unrealized —

ABT Abbott Labs 2.8%

Value $3.835M Shares 47,975 Est. Cost — Unrealized —

AXP American Express Company 2.5%

Value $3.352M Shares 30,669 Est. Cost — Unrealized —

— Restaurant Brands Internationa 2.3%

Value $3.16M Shares 48,526 Est. Cost — Unrealized —

GPC Genuine Parts Co 2.3%

Value $3.073M Shares 27,432 Est. Cost — Unrealized —

WMT Wal Mart Stores Inc 2.1%

Value $2.82M Shares 28,916 Est. Cost — Unrealized —

— Anheuser-Busch Inbev SA/NV 2.1%

Value $2.802M Shares 33,374 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 2.0%

Value $2.792M Shares 95,944 Est. Cost — Unrealized —

ENB Enbridge Inc 1.8%

Value $2.502M Shares 69,000 Est. Cost — Unrealized —

O Realty Income Corp 1.7%

Value $2.378M Shares 32,330 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.5%

Value $2.066M Shares 15,533 Est. Cost — Unrealized —

— AbbVie Inc 1.5%

Value $2.019M Shares 25,053 Est. Cost — Unrealized —

KHC Kraft Heinz Co 1.4%

Value $1.86M Shares 56,973 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 1.1%

Value $1.44M Shares 12,890 Est. Cost — Unrealized —

UNP Union Pacific Corp 0.8%

Value $1.123M Shares 6,718 Est. Cost — Unrealized —

— Novartis ADR 0.8%

Value $1.028M Shares 10,695 Est. Cost — Unrealized —

FNV Franco-Nevada Corp 0.6%

Value $873K Shares 11,638 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.6%

Value $849K Shares 13,995 Est. Cost — Unrealized —

— Store Capital 0.5%

Value $737K Shares 21,995 Est. Cost — Unrealized —

KMI Kinder Morgan Inc 0.5%

Value $642K Shares 32,092 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 0.4%

Value $613K Shares 12,271 Est. Cost — Unrealized —

BTI British American Tobacco 0.4%

Value $485K Shares 11,615 Est. Cost — Unrealized —

EXPD Expeditors International 0.3%

Value $348K Shares 4,580 Est. Cost — Unrealized —

HSY Hershey Food Corp 0.2%

Value $337K Shares 2,932 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.2%

Value $302K Shares 3,825 Est. Cost — Unrealized —

BAX Baxter International 0.2%

Value $248K Shares 3,055 Est. Cost — Unrealized —

— Unilever PLC 0.2%

Value $239K Shares 4,147 Est. Cost — Unrealized —

AAPL Apple Computer Inc 0.2%

Value $218K Shares 1,150 Est. Cost — Unrealized —

XOM Exxon Mobil Corp 0.1%

Value $201K Shares 2,493 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$16.57M	12.1%	—	—	COM	084670108
MCD	McDonald's Corp	49,013	$9.308M	6.8%	—	—	COM	580135101
PEP	Pepsico Inc	65,453	$8.021M	5.9%	—	—	COM	713448108
KO	Coca-Cola Company	167,401	$7.844M	5.7%	—	—	COM	191216100
JNJ	Johnson & Johnson	54,229	$7.581M	5.6%	—	—	COM	478160104
BRK/B	Berkshire Hathaway Inc Cl B	37,714	$7.576M	5.5%	—	—	COM	084670702
PG	Procter & Gamble Co	72,246	$7.517M	5.5%	—	—	COM	742718109
PM	Philip Morris International In	71,024	$6.278M	4.6%	—	—	COM	718172109
MO	Altria Group Inc	96,584	$5.547M	4.1%	—	—	COM	02209S103
COST	Costco Whsl Corp	22,138	$5.361M	3.9%	—	—	COM	22160K105
DEO	Diageo PLC Sponsored ADR New	29,185	$4.775M	3.5%	—	—	ADR	25243Q205
WFC	Wells Fargo & Co	81,495	$3.938M	2.9%	—	—	COM	949746101
NSC	Norfolk Southern Corp	20,896	$3.905M	2.9%	—	—	COM	655844108
ABT	Abbott Labs	47,975	$3.835M	2.8%	—	—	COM	002824100
AXP	American Express Company	30,669	$3.352M	2.5%	—	—	COM	025816109
—	Restaurant Brands Internationa	48,526	$3.16M	2.3%	—	—	COM	76131d103
GPC	Genuine Parts Co	27,432	$3.073M	2.3%	—	—	COM	372460105
WMT	Wal Mart Stores Inc	28,916	$2.82M	2.1%	—	—	COM	931142103
—	Anheuser-Busch Inbev SA/NV	33,374	$2.802M	2.1%	—	—	ADR	03524a108
EPD	Enterprise Prods Partners LP	95,944	$2.792M	2.0%	—	—	COM	293792107
ENB	Enbridge Inc	69,000	$2.502M	1.8%	—	—	COM	29250N105
O	Realty Income Corp	32,330	$2.378M	1.7%	—	—	COM	756109104
VRSK	Verisk Analytics	15,533	$2.066M	1.5%	—	—	COM	92345Y106
—	AbbVie Inc	25,053	$2.019M	1.5%	—	—	COM	00287y109
KHC	Kraft Heinz Co	56,973	$1.86M	1.4%	—	—	COM	500754106
UPS	United Parcel Svc Inc Cl B	12,890	$1.44M	1.1%	—	—	COM	911312106
UNP	Union Pacific Corp	6,718	$1.123M	0.8%	—	—	COM	907818108
—	Novartis ADR	10,695	$1.028M	0.8%	—	—	ADR	66987v109
FNV	Franco-Nevada Corp	11,638	$873K	0.6%	—	—	COM	351858105
—	Magellan Midstream Partners LP	13,995	$849K	0.6%	—	—	COM	559080106
—	Store Capital	21,995	$737K	0.5%	—	—	COM	862121100
KMI	Kinder Morgan Inc	32,092	$642K	0.5%	—	—	COM	49456B101
MDLZ	Mondelez International Inc	12,271	$613K	0.4%	—	—	COM	609207105
BTI	British American Tobacco	11,615	$485K	0.4%	—	—	ADR	110448107
EXPD	Expeditors International	4,580	$348K	0.3%	—	—	COM	302130109
HSY	Hershey Food Corp	2,932	$337K	0.2%	—	—	COM	427866108
WEC	WEC Energy Group Inc	3,825	$302K	0.2%	—	—	COM	92939U106
BAX	Baxter International	3,055	$248K	0.2%	—	—	COM	071813109
—	Unilever PLC	4,147	$239K	0.2%	—	—	ADR	904767704
AAPL	Apple Computer Inc	1,150	$218K	0.2%	—	—	COM	037833100
XOM	Exxon Mobil Corp	2,493	$201K	0.1%	—	—	COM	30231G102