HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Aug 7, 2019

Total Value: $141M (100.0% shares, 0.0% debt)

Holdings (42)

BRK/A Berkshire Hathaway Inc Cl A 12.5%

Value $17.51M Shares 55 Est. Cost — Unrealized —

MCD McDonald's Corp 7.2%

Value $10.14M Shares 48,812 Est. Cost — Unrealized —

PEP Pepsico Inc 6.1%

Value $8.564M Shares 65,307 Est. Cost — Unrealized —

KO Coca-Cola Company 5.9%

Value $8.347M Shares 163,933 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 5.7%

Value $7.946M Shares 37,276 Est. Cost — Unrealized —

PG Procter & Gamble Co 5.6%

Value $7.906M Shares 72,100 Est. Cost — Unrealized —

JNJ Johnson & Johnson 5.3%

Value $7.477M Shares 53,684 Est. Cost — Unrealized —

COST Costco Whsl Corp 4.1%

Value $5.834M Shares 22,078 Est. Cost — Unrealized —

PM Philip Morris International In 4.0%

Value $5.634M Shares 71,744 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR New 3.6%

Value $5.026M Shares 29,165 Est. Cost — Unrealized —

MO Altria Group Inc 3.3%

Value $4.583M Shares 96,786 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 3.0%

Value $4.153M Shares 20,836 Est. Cost — Unrealized —

ABT Abbott Labs 2.9%

Value $4.036M Shares 47,995 Est. Cost — Unrealized —

AXP American Express Company 2.7%

Value $3.78M Shares 30,619 Est. Cost — Unrealized —

— Restaurant Brands Internationa 2.6%

Value $3.628M Shares 52,176 Est. Cost — Unrealized —

WFC Wells Fargo & Co 2.4%

Value $3.422M Shares 72,315 Est. Cost — Unrealized —

WMT Wal Mart Stores Inc 2.2%

Value $3.12M Shares 28,239 Est. Cost — Unrealized —

BUD Anheuser-Busch Inbev SA/NV 2.1%

Value $2.953M Shares 33,362 Est. Cost — Unrealized —

GPC Genuine Parts Co 2.1%

Value $2.904M Shares 28,037 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 2.0%

Value $2.77M Shares 95,944 Est. Cost — Unrealized —

ENB Enbridge Inc 1.8%

Value $2.508M Shares 69,515 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.6%

Value $2.268M Shares 15,488 Est. Cost — Unrealized —

O Realty Income Corp 1.6%

Value $2.23M Shares 32,329 Est. Cost — Unrealized —

ABBV AbbVie Inc 1.3%

Value $1.822M Shares 25,053 Est. Cost — Unrealized —

KHC Kraft Heinz Co 1.3%

Value $1.76M Shares 56,692 Est. Cost — Unrealized —

— Novartis ADR 0.9%

Value $1.208M Shares 13,228 Est. Cost — Unrealized —

UNP Union Pacific Corp 0.8%

Value $1.136M Shares 6,719 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 0.8%

Value $1.133M Shares 10,969 Est. Cost — Unrealized —

FNV Franco-Nevada Corp 0.7%

Value $988K Shares 11,638 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.6%

Value $898K Shares 14,030 Est. Cost — Unrealized —

— Store Capital 0.5%

Value $751K Shares 22,640 Est. Cost — Unrealized —

KMI Kinder Morgan Inc 0.5%

Value $668K Shares 32,002 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 0.5%

Value $659K Shares 12,221 Est. Cost — Unrealized —

JPM J.P. Morgan Chase & Co 0.3%

Value $425K Shares 3,799 Est. Cost — Unrealized —

BTI British American Tobacco 0.3%

Value $405K Shares 11,615 Est. Cost — Unrealized —

HSY Hershey Food Corp 0.3%

Value $393K Shares 2,932 Est. Cost — Unrealized —

EXPD Expeditors International 0.2%

Value $347K Shares 4,580 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.2%

Value $319K Shares 3,825 Est. Cost — Unrealized —

— Unilever PLC 0.2%

Value $257K Shares 4,147 Est. Cost — Unrealized —

BAX Baxter International 0.2%

Value $250K Shares 3,055 Est. Cost — Unrealized —

AAPL Apple Computer Inc 0.2%

Value $222K Shares 1,150 Est. Cost — Unrealized —

MCO Moodys Corp 0.2%

Value $212K Shares 1,085 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$17.51M	12.5%	—	—	COM	084670108
MCD	McDonald's Corp	48,812	$10.14M	7.2%	—	—	COM	580135101
PEP	Pepsico Inc	65,307	$8.564M	6.1%	—	—	COM	713448108
KO	Coca-Cola Company	163,933	$8.347M	5.9%	—	—	COM	191216100
BRK/B	Berkshire Hathaway Inc Cl B	37,276	$7.946M	5.7%	—	—	COM	084670702
PG	Procter & Gamble Co	72,100	$7.906M	5.6%	—	—	COM	742718109
JNJ	Johnson & Johnson	53,684	$7.477M	5.3%	—	—	COM	478160104
COST	Costco Whsl Corp	22,078	$5.834M	4.1%	—	—	COM	22160K105
PM	Philip Morris International In	71,744	$5.634M	4.0%	—	—	COM	718172109
DEO	Diageo PLC Sponsored ADR New	29,165	$5.026M	3.6%	—	—	ADR	25243Q205
MO	Altria Group Inc	96,786	$4.583M	3.3%	—	—	COM	02209S103
NSC	Norfolk Southern Corp	20,836	$4.153M	3.0%	—	—	COM	655844108
ABT	Abbott Labs	47,995	$4.036M	2.9%	—	—	COM	002824100
AXP	American Express Company	30,619	$3.78M	2.7%	—	—	COM	025816109
—	Restaurant Brands Internationa	52,176	$3.628M	2.6%	—	—	COM	76131d103
WFC	Wells Fargo & Co	72,315	$3.422M	2.4%	—	—	COM	949746101
WMT	Wal Mart Stores Inc	28,239	$3.12M	2.2%	—	—	COM	931142103
BUD	Anheuser-Busch Inbev SA/NV	33,362	$2.953M	2.1%	—	—	ADR	03524A108
GPC	Genuine Parts Co	28,037	$2.904M	2.1%	—	—	COM	372460105
EPD	Enterprise Prods Partners LP	95,944	$2.77M	2.0%	—	—	COM	293792107
ENB	Enbridge Inc	69,515	$2.508M	1.8%	—	—	COM	29250N105
VRSK	Verisk Analytics	15,488	$2.268M	1.6%	—	—	COM	92345Y106
O	Realty Income Corp	32,329	$2.23M	1.6%	—	—	COM	756109104
ABBV	AbbVie Inc	25,053	$1.822M	1.3%	—	—	COM	00287Y109
KHC	Kraft Heinz Co	56,692	$1.76M	1.3%	—	—	COM	500754106
—	Novartis ADR	13,228	$1.208M	0.9%	—	—	ADR	66987v109
UNP	Union Pacific Corp	6,719	$1.136M	0.8%	—	—	COM	907818108
UPS	United Parcel Svc Inc Cl B	10,969	$1.133M	0.8%	—	—	COM	911312106
FNV	Franco-Nevada Corp	11,638	$988K	0.7%	—	—	COM	351858105
—	Magellan Midstream Partners LP	14,030	$898K	0.6%	—	—	COM	559080106
—	Store Capital	22,640	$751K	0.5%	—	—	COM	862121100
KMI	Kinder Morgan Inc	32,002	$668K	0.5%	—	—	COM	49456B101
MDLZ	Mondelez International Inc	12,221	$659K	0.5%	—	—	COM	609207105
JPM	J.P. Morgan Chase & Co	3,799	$425K	0.3%	—	—	COM	46625H100
BTI	British American Tobacco	11,615	$405K	0.3%	—	—	ADR	110448107
HSY	Hershey Food Corp	2,932	$393K	0.3%	—	—	COM	427866108
EXPD	Expeditors International	4,580	$347K	0.2%	—	—	COM	302130109
WEC	WEC Energy Group Inc	3,825	$319K	0.2%	—	—	COM	92939U106
—	Unilever PLC	4,147	$257K	0.2%	—	—	ADR	904767704
BAX	Baxter International	3,055	$250K	0.2%	—	—	COM	071813109
AAPL	Apple Computer Inc	1,150	$222K	0.2%	—	—	COM	037833100
MCO	Moodys Corp	1,085	$212K	0.2%	—	—	COM	615369105