HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Aug 7, 2019

Total Value ($000): $140,587 (100.0% shares, 0.0% debt)

Holdings (42)

BRK/A Berkshire Hathaway Inc Cl A 12.5%

Value ($000) $17,509 Shares 55 Est. Cost $219349.66 Unrealized +41.7%

MCD McDonald's Corp 7.2%

Value ($000) $10,136 Shares 48,812 Est. Cost $95.06 Unrealized +78.6%

PEP Pepsico Inc 6.1%

Value ($000) $8,564 Shares 65,307 Est. Cost $81.26 Unrealized +28.9%

KO Coca-Cola Company 5.9%

Value ($000) $8,347 Shares 163,933 Est. Cost $32.56 Unrealized +22.6%

BRK/B Berkshire Hathaway Inc Cl B 5.7%

Value ($000) $7,946 Shares 37,276 Est. Cost $148.75 Unrealized +39.1%

PG Procter & Gamble Co 5.6%

Value ($000) $7,906 Shares 72,100 Est. Cost $67.61 Unrealized +33.8%

JNJ Johnson & Johnson 5.3%

Value ($000) $7,477 Shares 53,684 Est. Cost $93.52 Unrealized +22.7%

COST Costco Whsl Corp 4.1%

Value ($000) $5,834 Shares 22,078 Est. Cost $136.95 Unrealized +65.5%

PM Philip Morris International In 4.0%

Value ($000) $5,634 Shares 71,744 Est. Cost $61.28 Unrealized -4.9%

DEO Diageo PLC Sponsored ADR New 3.6%

Value ($000) $5,026 Shares 29,165 Est. Cost $115.82 Unrealized —

MO Altria Group Inc 3.3%

Value ($000) $4,583 Shares 96,786 Est. Cost $34.73 Unrealized -11.0%

NSC Norfolk Southern Corp 3.0%

Value ($000) $4,153 Shares 20,836 Est. Cost $75.16 Unrealized +130.6%

ABT Abbott Labs 2.9%

Value ($000) $4,036 Shares 47,995 Est. Cost $37.34 Unrealized +88.1%

AXP American Express Company 2.7%

Value ($000) $3,780 Shares 30,619 Est. Cost $56.58 Unrealized +89.9%

— Restaurant Brands Internationa 2.6%

Value ($000) $3,628 Shares 52,176 Est. Cost $57.47 Unrealized —

WFC Wells Fargo & Co 2.4%

Value ($000) $3,422 Shares 72,315 Est. Cost $36.86 Unrealized +6.0%

WMT Wal Mart Stores Inc 2.2%

Value ($000) $3,120 Shares 28,239 Est. Cost $20.60 Unrealized +52.0%

BUD Anheuser-Busch Inbev SA/NV 2.1%

Value ($000) $2,953 Shares 33,362 Est. Cost $88.51 Unrealized —

GPC Genuine Parts Co 2.1%

Value ($000) $2,904 Shares 28,037 Est. Cost $76.87 Unrealized +11.2%

EPD Enterprise Prods Partners LP 2.0%

Value ($000) $2,770 Shares 95,944 Est. Cost $27.35 Unrealized —

ENB Enbridge Inc 1.8%

Value ($000) $2,508 Shares 69,515 Est. Cost $21.11 Unrealized +11.3%

VRSK Verisk Analytics 1.6%

Value ($000) $2,268 Shares 15,488 Est. Cost $79.08 Unrealized +70.8%

O Realty Income Corp 1.6%

Value ($000) $2,230 Shares 32,329 Est. Cost $38.51 Unrealized +28.4%

ABBV AbbVie Inc 1.3%

Value ($000) $1,822 Shares 25,053 Est. Cost $59.38 Unrealized 0.0%

KHC Kraft Heinz Co 1.3%

Value ($000) $1,760 Shares 56,692 Est. Cost $56.02 Unrealized -59.2%

— Novartis ADR 0.9%

Value ($000) $1,208 Shares 13,228 Est. Cost $89.74 Unrealized —

UNP Union Pacific Corp 0.8%

Value ($000) $1,136 Shares 6,719 Est. Cost $99.32 Unrealized +48.8%

UPS United Parcel Svc Inc Cl B 0.8%

Value ($000) $1,133 Shares 10,969 Est. Cost $79.21 Unrealized +1.2%

FNV Franco-Nevada Corp 0.7%

Value ($000) $988 Shares 11,638 Est. Cost $64.61 Unrealized +10.0%

— Magellan Midstream Partners LP 0.6%

Value ($000) $898 Shares 14,030 Est. Cost $65.18 Unrealized —

— Store Capital 0.5%

Value ($000) $751 Shares 22,640 Est. Cost $27.96 Unrealized —

KMI Kinder Morgan Inc 0.5%

Value ($000) $668 Shares 32,002 Est. Cost $11.20 Unrealized +22.0%

MDLZ Mondelez International Inc 0.5%

Value ($000) $659 Shares 12,221 Est. Cost $35.22 Unrealized +25.2%

JPM J.P. Morgan Chase & Co 0.3%

Value ($000) $425 Shares 3,799 Est. Cost $92.02 Unrealized 0.0%

BTI British American Tobacco 0.3%

Value ($000) $405 Shares 11,615 Est. Cost $93.99 Unrealized —

HSY Hershey Food Corp 0.3%

Value ($000) $393 Shares 2,932 Est. Cost $84.08 Unrealized +29.6%

EXPD Expeditors International 0.2%

Value ($000) $347 Shares 4,580 Est. Cost $45.00 Unrealized +54.6%

WEC WEC Energy Group Inc 0.2%

Value ($000) $319 Shares 3,825 Est. Cost $46.15 Unrealized +40.8%

— Unilever PLC 0.2%

Value ($000) $257 Shares 4,147 Est. Cost $48.57 Unrealized —

BAX Baxter International 0.2%

Value ($000) $250 Shares 3,055 Est. Cost $53.53 Unrealized +28.0%

AAPL Apple Computer Inc 0.2%

Value ($000) $222 Shares 1,150 Est. Cost $40.43 Unrealized +15.3%

MCO Moodys Corp 0.2%

Value ($000) $212 Shares 1,085 Est. Cost $179.45 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$17,509	12.5%	$219349.66	+41.7%	COM	084670108
MCD	McDonald's Corp	48,812	$10,136	7.2%	$95.06	+78.6%	COM	580135101
PEP	Pepsico Inc	65,307	$8,564	6.1%	$81.26	+28.9%	COM	713448108
KO	Coca-Cola Company	163,933	$8,347	5.9%	$32.56	+22.6%	COM	191216100
BRK/B	Berkshire Hathaway Inc Cl B	37,276	$7,946	5.7%	$148.75	+39.1%	COM	084670702
PG	Procter & Gamble Co	72,100	$7,906	5.6%	$67.61	+33.8%	COM	742718109
JNJ	Johnson & Johnson	53,684	$7,477	5.3%	$93.52	+22.7%	COM	478160104
COST	Costco Whsl Corp	22,078	$5,834	4.1%	$136.95	+65.5%	COM	22160K105
PM	Philip Morris International In	71,744	$5,634	4.0%	$61.28	-4.9%	COM	718172109
DEO	Diageo PLC Sponsored ADR New	29,165	$5,026	3.6%	$115.82	—	ADR	25243Q205
MO	Altria Group Inc	96,786	$4,583	3.3%	$34.73	-11.0%	COM	02209S103
NSC	Norfolk Southern Corp	20,836	$4,153	3.0%	$75.16	+130.6%	COM	655844108
ABT	Abbott Labs	47,995	$4,036	2.9%	$37.34	+88.1%	COM	002824100
AXP	American Express Company	30,619	$3,780	2.7%	$56.58	+89.9%	COM	025816109
—	Restaurant Brands Internationa	52,176	$3,628	2.6%	$57.47	—	COM	76131d103
WFC	Wells Fargo & Co	72,315	$3,422	2.4%	$36.86	+6.0%	COM	949746101
WMT	Wal Mart Stores Inc	28,239	$3,120	2.2%	$20.60	+52.0%	COM	931142103
BUD	Anheuser-Busch Inbev SA/NV	33,362	$2,953	2.1%	$88.51	—	ADR	03524A108
GPC	Genuine Parts Co	28,037	$2,904	2.1%	$76.87	+11.2%	COM	372460105
EPD	Enterprise Prods Partners LP	95,944	$2,770	2.0%	$27.35	—	COM	293792107
ENB	Enbridge Inc	69,515	$2,508	1.8%	$21.11	+11.3%	COM	29250N105
VRSK	Verisk Analytics	15,488	$2,268	1.6%	$79.08	+70.8%	COM	92345Y106
O	Realty Income Corp	32,329	$2,230	1.6%	$38.51	+28.4%	COM	756109104
ABBV	AbbVie Inc	25,053	$1,822	1.3%	$59.38	0.0%	COM	00287Y109
KHC	Kraft Heinz Co	56,692	$1,760	1.3%	$56.02	-59.2%	COM	500754106
—	Novartis ADR	13,228	$1,208	0.9%	$89.74	—	ADR	66987v109
UNP	Union Pacific Corp	6,719	$1,136	0.8%	$99.32	+48.8%	COM	907818108
UPS	United Parcel Svc Inc Cl B	10,969	$1,133	0.8%	$79.21	+1.2%	COM	911312106
FNV	Franco-Nevada Corp	11,638	$988	0.7%	$64.61	+10.0%	COM	351858105
—	Magellan Midstream Partners LP	14,030	$898	0.6%	$65.18	—	COM	559080106
—	Store Capital	22,640	$751	0.5%	$27.96	—	COM	862121100
KMI	Kinder Morgan Inc	32,002	$668	0.5%	$11.20	+22.0%	COM	49456B101
MDLZ	Mondelez International Inc	12,221	$659	0.5%	$35.22	+25.2%	COM	609207105
JPM	J.P. Morgan Chase & Co	3,799	$425	0.3%	$92.02	0.0%	COM	46625H100
BTI	British American Tobacco	11,615	$405	0.3%	$93.99	—	ADR	110448107
HSY	Hershey Food Corp	2,932	$393	0.3%	$84.08	+29.6%	COM	427866108
EXPD	Expeditors International	4,580	$347	0.2%	$45.00	+54.6%	COM	302130109
WEC	WEC Energy Group Inc	3,825	$319	0.2%	$46.15	+40.8%	COM	92939U106
—	Unilever PLC	4,147	$257	0.2%	$48.57	—	ADR	904767704
BAX	Baxter International	3,055	$250	0.2%	$53.53	+28.0%	COM	071813109
AAPL	Apple Computer Inc	1,150	$222	0.2%	$40.43	+15.3%	COM	037833100
MCO	Moodys Corp	1,085	$212	0.2%	$179.45	0.0%	COM	615369105