HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 10, 2019

Total Value ($000): $136,560 (100.0% shares, 0.0% debt)

Holdings (41)

BRK/A Berkshire Hathaway Inc Cl A 12.1%

Value ($000) $16,567 Shares 55 Est. Cost $219349.66 Unrealized +38.0%

MCD McDonald's Corp 6.8%

Value ($000) $9,308 Shares 49,013 Est. Cost $95.06 Unrealized +62.6%

PEP Pepsico Inc 5.9%

Value ($000) $8,021 Shares 65,453 Est. Cost $81.26 Unrealized +13.8%

KO Coca-Cola Company 5.7%

Value ($000) $7,844 Shares 167,401 Est. Cost $32.56 Unrealized +16.0%

JNJ Johnson & Johnson 5.6%

Value ($000) $7,581 Shares 54,229 Est. Cost $93.52 Unrealized +18.0%

BRK/B Berkshire Hathaway Inc Cl B 5.5%

Value ($000) $7,576 Shares 37,714 Est. Cost $148.75 Unrealized +35.7%

PG Procter & Gamble Co 5.5%

Value ($000) $7,517 Shares 72,246 Est. Cost $67.61 Unrealized +21.4%

PM Philip Morris International In 4.6%

Value ($000) $6,278 Shares 71,024 Est. Cost $61.31 Unrealized -8.5%

MO Altria Group Inc 4.1%

Value ($000) $5,547 Shares 96,584 Est. Cost $34.73 Unrealized -14.4%

COST Costco Whsl Corp 3.9%

Value ($000) $5,361 Shares 22,138 Est. Cost $136.95 Unrealized +44.8%

DEO Diageo PLC Sponsored ADR New 3.5%

Value ($000) $4,775 Shares 29,185 Est. Cost $115.82 Unrealized —

WFC Wells Fargo & Co 2.9%

Value ($000) $3,938 Shares 81,495 Est. Cost $36.86 Unrealized +10.6%

NSC Norfolk Southern Corp 2.9%

Value ($000) $3,905 Shares 20,896 Est. Cost $75.16 Unrealized +100.2%

ABT Abbott Labs 2.8%

Value ($000) $3,835 Shares 47,975 Est. Cost $37.34 Unrealized +77.0%

AXP American Express Company 2.5%

Value ($000) $3,352 Shares 30,669 Est. Cost $56.58 Unrealized +69.4%

— Restaurant Brands Internationa 2.3%

Value ($000) $3,160 Shares 48,526 Est. Cost $56.57 Unrealized —

GPC Genuine Parts Co 2.3%

Value ($000) $3,073 Shares 27,432 Est. Cost $76.68 Unrealized +10.5%

WMT Wal Mart Stores Inc 2.1%

Value ($000) $2,820 Shares 28,916 Est. Cost $20.60 Unrealized +41.9%

— Anheuser-Busch Inbev SA/NV 2.1%

Value ($000) $2,802 Shares 33,374 Est. Cost $125.56 Unrealized —

EPD Enterprise Prods Partners LP 2.0%

Value ($000) $2,792 Shares 95,944 Est. Cost $27.35 Unrealized —

ENB Enbridge Inc 1.8%

Value ($000) $2,502 Shares 69,000 Est. Cost $21.11 Unrealized +8.5%

O Realty Income Corp 1.7%

Value ($000) $2,378 Shares 32,330 Est. Cost $38.51 Unrealized +23.5%

VRSK Verisk Analytics 1.5%

Value ($000) $2,066 Shares 15,533 Est. Cost $79.08 Unrealized +47.1%

— AbbVie Inc 1.5%

Value ($000) $2,019 Shares 25,053 Est. Cost $63.90 Unrealized —

KHC Kraft Heinz Co 1.4%

Value ($000) $1,860 Shares 56,973 Est. Cost $56.02 Unrealized -48.1%

UPS United Parcel Svc Inc Cl B 1.1%

Value ($000) $1,440 Shares 12,890 Est. Cost $79.21 Unrealized +2.2%

UNP Union Pacific Corp 0.8%

Value ($000) $1,123 Shares 6,718 Est. Cost $99.32 Unrealized +39.0%

— Novartis ADR 0.8%

Value ($000) $1,028 Shares 10,695 Est. Cost $89.37 Unrealized —

FNV Franco-Nevada Corp 0.6%

Value ($000) $873 Shares 11,638 Est. Cost $64.61 Unrealized +7.7%

— Magellan Midstream Partners LP 0.6%

Value ($000) $849 Shares 13,995 Est. Cost $65.18 Unrealized —

— Store Capital 0.5%

Value ($000) $737 Shares 21,995 Est. Cost $27.80 Unrealized —

KMI Kinder Morgan Inc 0.5%

Value ($000) $642 Shares 32,092 Est. Cost $11.20 Unrealized +11.6%

MDLZ Mondelez International Inc 0.4%

Value ($000) $613 Shares 12,271 Est. Cost $35.22 Unrealized +10.1%

BTI British American Tobacco 0.4%

Value ($000) $485 Shares 11,615 Est. Cost $93.99 Unrealized —

EXPD Expeditors International 0.3%

Value ($000) $348 Shares 4,580 Est. Cost $45.00 Unrealized +47.5%

HSY Hershey Food Corp 0.2%

Value ($000) $337 Shares 2,932 Est. Cost $84.08 Unrealized +10.4%

WEC WEC Energy Group Inc 0.2%

Value ($000) $302 Shares 3,825 Est. Cost $46.15 Unrealized +29.2%

BAX Baxter International 0.2%

Value ($000) $248 Shares 3,055 Est. Cost $53.53 Unrealized +19.7%

— Unilever PLC 0.2%

Value ($000) $239 Shares 4,147 Est. Cost $48.57 Unrealized —

AAPL Apple Computer Inc 0.2%

Value ($000) $218 Shares 1,150 Est. Cost $40.43 Unrealized 0.0%

XOM Exxon Mobil Corp 0.1%

Value ($000) $201 Shares 2,493 Est. Cost $58.54 Unrealized -5.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$16,567	12.1%	$219349.66	+38.0%	COM	084670108
MCD	McDonald's Corp	49,013	$9,308	6.8%	$95.06	+62.6%	COM	580135101
PEP	Pepsico Inc	65,453	$8,021	5.9%	$81.26	+13.8%	COM	713448108
KO	Coca-Cola Company	167,401	$7,844	5.7%	$32.56	+16.0%	COM	191216100
JNJ	Johnson & Johnson	54,229	$7,581	5.6%	$93.52	+18.0%	COM	478160104
BRK/B	Berkshire Hathaway Inc Cl B	37,714	$7,576	5.5%	$148.75	+35.7%	COM	084670702
PG	Procter & Gamble Co	72,246	$7,517	5.5%	$67.61	+21.4%	COM	742718109
PM	Philip Morris International In	71,024	$6,278	4.6%	$61.31	-8.5%	COM	718172109
MO	Altria Group Inc	96,584	$5,547	4.1%	$34.73	-14.4%	COM	02209S103
COST	Costco Whsl Corp	22,138	$5,361	3.9%	$136.95	+44.8%	COM	22160K105
DEO	Diageo PLC Sponsored ADR New	29,185	$4,775	3.5%	$115.82	—	ADR	25243Q205
WFC	Wells Fargo & Co	81,495	$3,938	2.9%	$36.86	+10.6%	COM	949746101
NSC	Norfolk Southern Corp	20,896	$3,905	2.9%	$75.16	+100.2%	COM	655844108
ABT	Abbott Labs	47,975	$3,835	2.8%	$37.34	+77.0%	COM	002824100
AXP	American Express Company	30,669	$3,352	2.5%	$56.58	+69.4%	COM	025816109
—	Restaurant Brands Internationa	48,526	$3,160	2.3%	$56.57	—	COM	76131d103
GPC	Genuine Parts Co	27,432	$3,073	2.3%	$76.68	+10.5%	COM	372460105
WMT	Wal Mart Stores Inc	28,916	$2,820	2.1%	$20.60	+41.9%	COM	931142103
—	Anheuser-Busch Inbev SA/NV	33,374	$2,802	2.1%	$125.56	—	ADR	03524a108
EPD	Enterprise Prods Partners LP	95,944	$2,792	2.0%	$27.35	—	COM	293792107
ENB	Enbridge Inc	69,000	$2,502	1.8%	$21.11	+8.5%	COM	29250N105
O	Realty Income Corp	32,330	$2,378	1.7%	$38.51	+23.5%	COM	756109104
VRSK	Verisk Analytics	15,533	$2,066	1.5%	$79.08	+47.1%	COM	92345Y106
—	AbbVie Inc	25,053	$2,019	1.5%	$63.90	—	COM	00287y109
KHC	Kraft Heinz Co	56,973	$1,860	1.4%	$56.02	-48.1%	COM	500754106
UPS	United Parcel Svc Inc Cl B	12,890	$1,440	1.1%	$79.21	+2.2%	COM	911312106
UNP	Union Pacific Corp	6,718	$1,123	0.8%	$99.32	+39.0%	COM	907818108
—	Novartis ADR	10,695	$1,028	0.8%	$89.37	—	ADR	66987v109
FNV	Franco-Nevada Corp	11,638	$873	0.6%	$64.61	+7.7%	COM	351858105
—	Magellan Midstream Partners LP	13,995	$849	0.6%	$65.18	—	COM	559080106
—	Store Capital	21,995	$737	0.5%	$27.80	—	COM	862121100
KMI	Kinder Morgan Inc	32,092	$642	0.5%	$11.20	+11.6%	COM	49456B101
MDLZ	Mondelez International Inc	12,271	$613	0.4%	$35.22	+10.1%	COM	609207105
BTI	British American Tobacco	11,615	$485	0.4%	$93.99	—	ADR	110448107
EXPD	Expeditors International	4,580	$348	0.3%	$45.00	+47.5%	COM	302130109
HSY	Hershey Food Corp	2,932	$337	0.2%	$84.08	+10.4%	COM	427866108
WEC	WEC Energy Group Inc	3,825	$302	0.2%	$46.15	+29.2%	COM	92939U106
BAX	Baxter International	3,055	$248	0.2%	$53.53	+19.7%	COM	071813109
—	Unilever PLC	4,147	$239	0.2%	$48.57	—	ADR	904767704
AAPL	Apple Computer Inc	1,150	$218	0.2%	$40.43	0.0%	COM	037833100
XOM	Exxon Mobil Corp	2,493	$201	0.1%	$58.54	-5.3%	COM	30231G102