HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Jan 30, 2020

Total Value ($000): $145,103 (100.0% shares, 0.0% debt)

Holdings (43)

BRK/A Berkshire Hathaway Inc Cl A 12.9%

Value ($000) $18,677 Shares 55 Est. Cost $219349.66 Unrealized +48.5%

MCD McDonald's Corp 6.2%

Value ($000) $8,979 Shares 45,440 Est. Cost $95.06 Unrealized +80.9%

KO Coca-Cola Company 6.1%

Value ($000) $8,844 Shares 159,782 Est. Cost $32.56 Unrealized +36.7%

PG Procter & Gamble Co 6.0%

Value ($000) $8,634 Shares 69,131 Est. Cost $67.61 Unrealized +55.6%

PEP Pepsico Inc 5.9%

Value ($000) $8,581 Shares 62,783 Est. Cost $81.26 Unrealized +38.8%

BRK/B Berkshire Hathaway Inc Cl B 5.6%

Value ($000) $8,093 Shares 35,729 Est. Cost $148.75 Unrealized +46.0%

JNJ Johnson & Johnson 5.3%

Value ($000) $7,709 Shares 52,850 Est. Cost $93.52 Unrealized +22.0%

COST Costco Whsl Corp 4.4%

Value ($000) $6,400 Shares 21,773 Est. Cost $136.95 Unrealized +98.3%

PM Philip Morris International In 4.2%

Value ($000) $6,160 Shares 72,392 Est. Cost $61.28 Unrealized -2.1%

MO Altria Group Inc 3.3%

Value ($000) $4,860 Shares 97,366 Est. Cost $34.73 Unrealized -17.1%

DEO Diageo PLC Sponsored ADR New 3.3%

Value ($000) $4,716 Shares 28,000 Est. Cost $115.82 Unrealized —

ABT Abbott Labs 2.8%

Value ($000) $3,991 Shares 45,945 Est. Cost $37.34 Unrealized +101.7%

WFC Wells Fargo & Co 2.6%

Value ($000) $3,810 Shares 70,825 Est. Cost $36.86 Unrealized +21.3%

AXP American Express Company 2.6%

Value ($000) $3,761 Shares 30,213 Est. Cost $56.58 Unrealized +94.6%

NSC Norfolk Southern Corp 2.5%

Value ($000) $3,558 Shares 18,326 Est. Cost $75.16 Unrealized +120.3%

QSR Restaurant Brands Internationa 2.3%

Value ($000) $3,392 Shares 53,194 Est. Cost $66.92 Unrealized 0.0%

WMT Wal Mart Stores Inc 2.2%

Value ($000) $3,251 Shares 27,355 Est. Cost $20.60 Unrealized +76.6%

GPC Genuine Parts Co 2.0%

Value ($000) $2,934 Shares 27,618 Est. Cost $76.87 Unrealized +12.1%

ENB Enbridge Inc 2.0%

Value ($000) $2,897 Shares 72,852 Est. Cost $21.25 Unrealized +16.9%

EPD Enterprise Prods Partners LP 1.8%

Value ($000) $2,651 Shares 94,139 Est. Cost $27.35 Unrealized —

O Realty Income Corp 1.6%

Value ($000) $2,343 Shares 31,824 Est. Cost $38.51 Unrealized +42.7%

BUD Anheuser-Busch Inbev SA/NV 1.6%

Value ($000) $2,289 Shares 27,902 Est. Cost $88.51 Unrealized —

VRSK Verisk Analytics 1.5%

Value ($000) $2,235 Shares 14,968 Est. Cost $79.08 Unrealized +80.1%

ABBV AbbVie Inc 1.5%

Value ($000) $2,200 Shares 24,843 Est. Cost $59.38 Unrealized +8.8%

KHC Kraft Heinz Co 1.3%

Value ($000) $1,915 Shares 59,590 Est. Cost $54.34 Unrealized -58.4%

UNP Union Pacific Corp 1.1%

Value ($000) $1,620 Shares 8,963 Est. Cost $111.59 Unrealized +33.8%

— Novartis ADR 1.1%

Value ($000) $1,558 Shares 16,457 Est. Cost $89.70 Unrealized —

UPS United Parcel Svc Inc Cl B 0.8%

Value ($000) $1,219 Shares 10,415 Est. Cost $79.21 Unrealized +17.2%

FNV Franco-Nevada Corp 0.8%

Value ($000) $1,178 Shares 11,408 Est. Cost $64.61 Unrealized +41.6%

— Magellan Midstream Partners LP 0.6%

Value ($000) $889 Shares 14,135 Est. Cost $65.18 Unrealized —

— Store Capital 0.6%

Value ($000) $835 Shares 22,435 Est. Cost $27.96 Unrealized —

KMI Kinder Morgan Inc 0.5%

Value ($000) $659 Shares 31,146 Est. Cost $11.20 Unrealized +25.5%

MDLZ Mondelez International Inc 0.4%

Value ($000) $645 Shares 11,706 Est. Cost $35.22 Unrealized +30.3%

JPM J.P. Morgan Chase & Co 0.4%

Value ($000) $623 Shares 4,469 Est. Cost $92.53 Unrealized +17.4%

BTI British American Tobacco 0.3%

Value ($000) $468 Shares 11,020 Est. Cost $93.99 Unrealized —

HSY Hershey Food Corp 0.3%

Value ($000) $425 Shares 2,892 Est. Cost $84.08 Unrealized +52.8%

EXPD Expeditors International 0.2%

Value ($000) $362 Shares 4,638 Est. Cost $45.31 Unrealized +53.5%

WEC WEC Energy Group Inc 0.2%

Value ($000) $353 Shares 3,825 Est. Cost $46.15 Unrealized +62.2%

AAPL Apple Computer Inc 0.2%

Value ($000) $338 Shares 1,150 Est. Cost $40.43 Unrealized +53.4%

DIS Disney Walt Company Holding Co 0.2%

Value ($000) $314 Shares 2,173 Est. Cost $135.71 Unrealized 0.0%

MCO Moodys Corp 0.2%

Value ($000) $258 Shares 1,085 Est. Cost $179.45 Unrealized +17.7%

— Unilever PLC 0.2%

Value ($000) $252 Shares 4,404 Est. Cost $49.07 Unrealized —

BAX Baxter International 0.2%

Value ($000) $227 Shares 2,711 Est. Cost $53.53 Unrealized +37.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$18,677	12.9%	$219349.66	+48.5%	COM	084670108
MCD	McDonald's Corp	45,440	$8,979	6.2%	$95.06	+80.9%	COM	580135101
KO	Coca-Cola Company	159,782	$8,844	6.1%	$32.56	+36.7%	COM	191216100
PG	Procter & Gamble Co	69,131	$8,634	6.0%	$67.61	+55.6%	COM	742718109
PEP	Pepsico Inc	62,783	$8,581	5.9%	$81.26	+38.8%	COM	713448108
BRK/B	Berkshire Hathaway Inc Cl B	35,729	$8,093	5.6%	$148.75	+46.0%	COM	084670702
JNJ	Johnson & Johnson	52,850	$7,709	5.3%	$93.52	+22.0%	COM	478160104
COST	Costco Whsl Corp	21,773	$6,400	4.4%	$136.95	+98.3%	COM	22160K105
PM	Philip Morris International In	72,392	$6,160	4.2%	$61.28	-2.1%	COM	718172109
MO	Altria Group Inc	97,366	$4,860	3.3%	$34.73	-17.1%	COM	02209S103
DEO	Diageo PLC Sponsored ADR New	28,000	$4,716	3.3%	$115.82	—	ADR	25243Q205
ABT	Abbott Labs	45,945	$3,991	2.8%	$37.34	+101.7%	COM	002824100
WFC	Wells Fargo & Co	70,825	$3,810	2.6%	$36.86	+21.3%	COM	949746101
AXP	American Express Company	30,213	$3,761	2.6%	$56.58	+94.6%	COM	025816109
NSC	Norfolk Southern Corp	18,326	$3,558	2.5%	$75.16	+120.3%	COM	655844108
QSR	Restaurant Brands Internationa	53,194	$3,392	2.3%	$66.92	0.0%	COM	76131D103
WMT	Wal Mart Stores Inc	27,355	$3,251	2.2%	$20.60	+76.6%	COM	931142103
GPC	Genuine Parts Co	27,618	$2,934	2.0%	$76.87	+12.1%	COM	372460105
ENB	Enbridge Inc	72,852	$2,897	2.0%	$21.25	+16.9%	COM	29250N105
EPD	Enterprise Prods Partners LP	94,139	$2,651	1.8%	$27.35	—	COM	293792107
O	Realty Income Corp	31,824	$2,343	1.6%	$38.51	+42.7%	COM	756109104
BUD	Anheuser-Busch Inbev SA/NV	27,902	$2,289	1.6%	$88.51	—	ADR	03524A108
VRSK	Verisk Analytics	14,968	$2,235	1.5%	$79.08	+80.1%	COM	92345Y106
ABBV	AbbVie Inc	24,843	$2,200	1.5%	$59.38	+8.8%	COM	00287Y109
KHC	Kraft Heinz Co	59,590	$1,915	1.3%	$54.34	-58.4%	COM	500754106
UNP	Union Pacific Corp	8,963	$1,620	1.1%	$111.59	+33.8%	COM	907818108
—	Novartis ADR	16,457	$1,558	1.1%	$89.70	—	ADR	66987v109
UPS	United Parcel Svc Inc Cl B	10,415	$1,219	0.8%	$79.21	+17.2%	COM	911312106
FNV	Franco-Nevada Corp	11,408	$1,178	0.8%	$64.61	+41.6%	COM	351858105
—	Magellan Midstream Partners LP	14,135	$889	0.6%	$65.18	—	COM	559080106
—	Store Capital	22,435	$835	0.6%	$27.96	—	COM	862121100
KMI	Kinder Morgan Inc	31,146	$659	0.5%	$11.20	+25.5%	COM	49456B101
MDLZ	Mondelez International Inc	11,706	$645	0.4%	$35.22	+30.3%	COM	609207105
JPM	J.P. Morgan Chase & Co	4,469	$623	0.4%	$92.53	+17.4%	COM	46625H100
BTI	British American Tobacco	11,020	$468	0.3%	$93.99	—	ADR	110448107
HSY	Hershey Food Corp	2,892	$425	0.3%	$84.08	+52.8%	COM	427866108
EXPD	Expeditors International	4,638	$362	0.2%	$45.31	+53.5%	COM	302130109
WEC	WEC Energy Group Inc	3,825	$353	0.2%	$46.15	+62.2%	COM	92939U106
AAPL	Apple Computer Inc	1,150	$338	0.2%	$40.43	+53.4%	COM	037833100
DIS	Disney Walt Company Holding Co	2,173	$314	0.2%	$135.71	0.0%	COM	254687106
MCO	Moodys Corp	1,085	$258	0.2%	$179.45	+17.7%	COM	615369105
—	Unilever PLC	4,404	$252	0.2%	$49.07	—	ADR	904767704
BAX	Baxter International	2,711	$227	0.2%	$53.53	+37.1%	COM	071813109