HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Nov 12, 2019

Total Value ($000): $141,307 (100.0% shares, 0.0% debt)

Holdings (42)

BRK/A Berkshire Hathaway Inc Cl A 12.1%

Value ($000) $17,151 Shares 55 Est. Cost $219349.66 Unrealized +41.1%

MCD McDonald's Corp 7.1%

Value ($000) $10,059 Shares 46,850 Est. Cost $95.06 Unrealized +94.4%

PEP Pepsico Inc 6.3%

Value ($000) $8,875 Shares 64,732 Est. Cost $81.26 Unrealized +34.5%

PG Procter & Gamble Co 6.3%

Value ($000) $8,858 Shares 71,216 Est. Cost $67.61 Unrealized +49.4%

KO Coca-Cola Company 6.2%

Value ($000) $8,822 Shares 162,054 Est. Cost $32.56 Unrealized +35.0%

BRK/B Berkshire Hathaway Inc Cl B 5.3%

Value ($000) $7,557 Shares 36,327 Est. Cost $148.75 Unrealized +38.5%

JNJ Johnson & Johnson 4.9%

Value ($000) $6,921 Shares 53,494 Est. Cost $93.52 Unrealized +17.6%

COST Costco Whsl Corp 4.5%

Value ($000) $6,361 Shares 22,078 Est. Cost $136.95 Unrealized +87.2%

PM Philip Morris International In 3.9%

Value ($000) $5,474 Shares 72,094 Est. Cost $61.28 Unrealized -7.4%

DEO Diageo PLC Sponsored ADR New 3.3%

Value ($000) $4,703 Shares 28,760 Est. Cost $115.82 Unrealized —

MO Altria Group Inc 2.8%

Value ($000) $3,997 Shares 97,737 Est. Cost $34.73 Unrealized -20.5%

ABT Abbott Labs 2.8%

Value ($000) $3,948 Shares 47,190 Est. Cost $37.34 Unrealized +103.8%

— Restaurant Brands Internationa 2.6%

Value ($000) $3,705 Shares 52,081 Est. Cost $57.47 Unrealized —

NSC Norfolk Southern Corp 2.6%

Value ($000) $3,630 Shares 20,206 Est. Cost $75.16 Unrealized +114.9%

AXP American Express Company 2.6%

Value ($000) $3,622 Shares 30,619 Est. Cost $56.58 Unrealized +98.9%

WFC Wells Fargo & Co 2.5%

Value ($000) $3,598 Shares 71,335 Est. Cost $36.86 Unrealized +8.0%

WMT Wal Mart Stores Inc 2.4%

Value ($000) $3,337 Shares 28,114 Est. Cost $20.60 Unrealized +67.3%

BUD Anheuser-Busch Inbev SA/NV 2.3%

Value ($000) $3,186 Shares 33,482 Est. Cost $88.51 Unrealized —

GPC Genuine Parts Co 2.0%

Value ($000) $2,815 Shares 28,262 Est. Cost $76.87 Unrealized +3.8%

EPD Enterprise Prods Partners LP 1.9%

Value ($000) $2,747 Shares 96,124 Est. Cost $27.35 Unrealized —

O Realty Income Corp 1.8%

Value ($000) $2,479 Shares 32,329 Est. Cost $38.51 Unrealized +33.2%

ENB Enbridge Inc 1.7%

Value ($000) $2,472 Shares 70,456 Est. Cost $21.13 Unrealized +7.2%

VRSK Verisk Analytics 1.7%

Value ($000) $2,399 Shares 15,168 Est. Cost $79.08 Unrealized +88.3%

ABBV AbbVie Inc 1.3%

Value ($000) $1,897 Shares 25,053 Est. Cost $59.38 Unrealized -11.4%

KHC Kraft Heinz Co 1.2%

Value ($000) $1,643 Shares 58,822 Est. Cost $54.76 Unrealized -61.3%

— Novartis ADR 0.9%

Value ($000) $1,337 Shares 15,380 Est. Cost $89.35 Unrealized —

UPS United Parcel Svc Inc Cl B 0.9%

Value ($000) $1,241 Shares 10,360 Est. Cost $79.21 Unrealized +12.3%

UNP Union Pacific Corp 0.8%

Value ($000) $1,193 Shares 7,364 Est. Cost $103.39 Unrealized +41.0%

FNV Franco-Nevada Corp 0.8%

Value ($000) $1,061 Shares 11,638 Est. Cost $64.61 Unrealized +33.9%

— Magellan Midstream Partners LP 0.7%

Value ($000) $937 Shares 14,135 Est. Cost $65.18 Unrealized —

— Store Capital 0.6%

Value ($000) $847 Shares 22,640 Est. Cost $27.96 Unrealized —

MDLZ Mondelez International Inc 0.5%

Value ($000) $676 Shares 12,221 Est. Cost $35.22 Unrealized +32.6%

KMI Kinder Morgan Inc 0.5%

Value ($000) $660 Shares 32,002 Est. Cost $11.20 Unrealized +25.7%

JPM J.P. Morgan Chase & Co 0.4%

Value ($000) $538 Shares 4,574 Est. Cost $92.53 Unrealized +2.7%

HSY Hershey Food Corp 0.3%

Value ($000) $454 Shares 2,932 Est. Cost $84.08 Unrealized +54.8%

BTI British American Tobacco 0.3%

Value ($000) $407 Shares 11,020 Est. Cost $93.99 Unrealized —

WEC WEC Energy Group Inc 0.3%

Value ($000) $364 Shares 3,825 Est. Cost $46.15 Unrealized +59.3%

EXPD Expeditors International 0.2%

Value ($000) $340 Shares 4,580 Est. Cost $45.00 Unrealized +50.8%

BAX Baxter International 0.2%

Value ($000) $267 Shares 3,056 Est. Cost $53.53 Unrealized +41.1%

AAPL Apple Computer Inc 0.2%

Value ($000) $258 Shares 1,150 Est. Cost $40.43 Unrealized +24.2%

— Unilever PLC 0.2%

Value ($000) $249 Shares 4,148 Est. Cost $48.57 Unrealized —

MCO Moodys Corp 0.2%

Value ($000) $222 Shares 1,085 Est. Cost $179.45 Unrealized +10.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$17,151	12.1%	$219349.66	+41.1%	COM	084670108
MCD	McDonald's Corp	46,850	$10,059	7.1%	$95.06	+94.4%	COM	580135101
PEP	Pepsico Inc	64,732	$8,875	6.3%	$81.26	+34.5%	COM	713448108
PG	Procter & Gamble Co	71,216	$8,858	6.3%	$67.61	+49.4%	COM	742718109
KO	Coca-Cola Company	162,054	$8,822	6.2%	$32.56	+35.0%	COM	191216100
BRK/B	Berkshire Hathaway Inc Cl B	36,327	$7,557	5.3%	$148.75	+38.5%	COM	084670702
JNJ	Johnson & Johnson	53,494	$6,921	4.9%	$93.52	+17.6%	COM	478160104
COST	Costco Whsl Corp	22,078	$6,361	4.5%	$136.95	+87.2%	COM	22160K105
PM	Philip Morris International In	72,094	$5,474	3.9%	$61.28	-7.4%	COM	718172109
DEO	Diageo PLC Sponsored ADR New	28,760	$4,703	3.3%	$115.82	—	ADR	25243Q205
MO	Altria Group Inc	97,737	$3,997	2.8%	$34.73	-20.5%	COM	02209S103
ABT	Abbott Labs	47,190	$3,948	2.8%	$37.34	+103.8%	COM	002824100
—	Restaurant Brands Internationa	52,081	$3,705	2.6%	$57.47	—	COM	76131d103
NSC	Norfolk Southern Corp	20,206	$3,630	2.6%	$75.16	+114.9%	COM	655844108
AXP	American Express Company	30,619	$3,622	2.6%	$56.58	+98.9%	COM	025816109
WFC	Wells Fargo & Co	71,335	$3,598	2.5%	$36.86	+8.0%	COM	949746101
WMT	Wal Mart Stores Inc	28,114	$3,337	2.4%	$20.60	+67.3%	COM	931142103
BUD	Anheuser-Busch Inbev SA/NV	33,482	$3,186	2.3%	$88.51	—	ADR	03524A108
GPC	Genuine Parts Co	28,262	$2,815	2.0%	$76.87	+3.8%	COM	372460105
EPD	Enterprise Prods Partners LP	96,124	$2,747	1.9%	$27.35	—	COM	293792107
O	Realty Income Corp	32,329	$2,479	1.8%	$38.51	+33.2%	COM	756109104
ENB	Enbridge Inc	70,456	$2,472	1.7%	$21.13	+7.2%	COM	29250N105
VRSK	Verisk Analytics	15,168	$2,399	1.7%	$79.08	+88.3%	COM	92345Y106
ABBV	AbbVie Inc	25,053	$1,897	1.3%	$59.38	-11.4%	COM	00287Y109
KHC	Kraft Heinz Co	58,822	$1,643	1.2%	$54.76	-61.3%	COM	500754106
—	Novartis ADR	15,380	$1,337	0.9%	$89.35	—	ADR	66987v109
UPS	United Parcel Svc Inc Cl B	10,360	$1,241	0.9%	$79.21	+12.3%	COM	911312106
UNP	Union Pacific Corp	7,364	$1,193	0.8%	$103.39	+41.0%	COM	907818108
FNV	Franco-Nevada Corp	11,638	$1,061	0.8%	$64.61	+33.9%	COM	351858105
—	Magellan Midstream Partners LP	14,135	$937	0.7%	$65.18	—	COM	559080106
—	Store Capital	22,640	$847	0.6%	$27.96	—	COM	862121100
MDLZ	Mondelez International Inc	12,221	$676	0.5%	$35.22	+32.6%	COM	609207105
KMI	Kinder Morgan Inc	32,002	$660	0.5%	$11.20	+25.7%	COM	49456B101
JPM	J.P. Morgan Chase & Co	4,574	$538	0.4%	$92.53	+2.7%	COM	46625H100
HSY	Hershey Food Corp	2,932	$454	0.3%	$84.08	+54.8%	COM	427866108
BTI	British American Tobacco	11,020	$407	0.3%	$93.99	—	ADR	110448107
WEC	WEC Energy Group Inc	3,825	$364	0.3%	$46.15	+59.3%	COM	92939U106
EXPD	Expeditors International	4,580	$340	0.2%	$45.00	+50.8%	COM	302130109
BAX	Baxter International	3,056	$267	0.2%	$53.53	+41.1%	COM	071813109
AAPL	Apple Computer Inc	1,150	$258	0.2%	$40.43	+24.2%	COM	037833100
—	Unilever PLC	4,148	$249	0.2%	$48.57	—	ADR	904767704
MCO	Moodys Corp	1,085	$222	0.2%	$179.45	+10.7%	COM	615369105