HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Jan 30, 2020

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

Holdings (43)

BRK/A Berkshire Hathaway Inc Cl A 12.9%

Value $18.68M Shares 55 Est. Cost — Unrealized —

MCD McDonald's Corp 6.2%

Value $8.979M Shares 45,440 Est. Cost — Unrealized —

KO Coca-Cola Company 6.1%

Value $8.844M Shares 159,782 Est. Cost — Unrealized —

PG Procter & Gamble Co 6.0%

Value $8.634M Shares 69,131 Est. Cost — Unrealized —

PEP Pepsico Inc 5.9%

Value $8.581M Shares 62,783 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 5.6%

Value $8.093M Shares 35,729 Est. Cost — Unrealized —

JNJ Johnson & Johnson 5.3%

Value $7.709M Shares 52,850 Est. Cost — Unrealized —

COST Costco Whsl Corp 4.4%

Value $6.4M Shares 21,773 Est. Cost — Unrealized —

PM Philip Morris International In 4.2%

Value $6.16M Shares 72,392 Est. Cost — Unrealized —

MO Altria Group Inc 3.3%

Value $4.86M Shares 97,366 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR New 3.3%

Value $4.716M Shares 28,000 Est. Cost — Unrealized —

ABT Abbott Labs 2.8%

Value $3.991M Shares 45,945 Est. Cost — Unrealized —

WFC Wells Fargo & Co 2.6%

Value $3.81M Shares 70,825 Est. Cost — Unrealized —

AXP American Express Company 2.6%

Value $3.761M Shares 30,213 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 2.5%

Value $3.558M Shares 18,326 Est. Cost — Unrealized —

QSR Restaurant Brands Internationa 2.3%

Value $3.392M Shares 53,194 Est. Cost — Unrealized —

WMT Wal Mart Stores Inc 2.2%

Value $3.251M Shares 27,355 Est. Cost — Unrealized —

GPC Genuine Parts Co 2.0%

Value $2.934M Shares 27,618 Est. Cost — Unrealized —

ENB Enbridge Inc 2.0%

Value $2.897M Shares 72,852 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.8%

Value $2.651M Shares 94,139 Est. Cost — Unrealized —

O Realty Income Corp 1.6%

Value $2.343M Shares 31,824 Est. Cost — Unrealized —

BUD Anheuser-Busch Inbev SA/NV 1.6%

Value $2.289M Shares 27,902 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.5%

Value $2.235M Shares 14,968 Est. Cost — Unrealized —

ABBV AbbVie Inc 1.5%

Value $2.2M Shares 24,843 Est. Cost — Unrealized —

KHC Kraft Heinz Co 1.3%

Value $1.915M Shares 59,590 Est. Cost — Unrealized —

UNP Union Pacific Corp 1.1%

Value $1.62M Shares 8,963 Est. Cost — Unrealized —

— Novartis ADR 1.1%

Value $1.558M Shares 16,457 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 0.8%

Value $1.219M Shares 10,415 Est. Cost — Unrealized —

FNV Franco-Nevada Corp 0.8%

Value $1.178M Shares 11,408 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.6%

Value $889K Shares 14,135 Est. Cost — Unrealized —

— Store Capital 0.6%

Value $835K Shares 22,435 Est. Cost — Unrealized —

KMI Kinder Morgan Inc 0.5%

Value $659K Shares 31,146 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 0.4%

Value $645K Shares 11,706 Est. Cost — Unrealized —

JPM J.P. Morgan Chase & Co 0.4%

Value $623K Shares 4,469 Est. Cost — Unrealized —

BTI British American Tobacco 0.3%

Value $468K Shares 11,020 Est. Cost — Unrealized —

HSY Hershey Food Corp 0.3%

Value $425K Shares 2,892 Est. Cost — Unrealized —

EXPD Expeditors International 0.2%

Value $362K Shares 4,638 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.2%

Value $353K Shares 3,825 Est. Cost — Unrealized —

AAPL Apple Computer Inc 0.2%

Value $338K Shares 1,150 Est. Cost — Unrealized —

DIS Disney Walt Company Holding Co 0.2%

Value $314K Shares 2,173 Est. Cost — Unrealized —

MCO Moodys Corp 0.2%

Value $258K Shares 1,085 Est. Cost — Unrealized —

— Unilever PLC 0.2%

Value $252K Shares 4,404 Est. Cost — Unrealized —

BAX Baxter International 0.2%

Value $227K Shares 2,711 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$18.68M	12.9%	—	—	COM	084670108
MCD	McDonald's Corp	45,440	$8.979M	6.2%	—	—	COM	580135101
KO	Coca-Cola Company	159,782	$8.844M	6.1%	—	—	COM	191216100
PG	Procter & Gamble Co	69,131	$8.634M	6.0%	—	—	COM	742718109
PEP	Pepsico Inc	62,783	$8.581M	5.9%	—	—	COM	713448108
BRK/B	Berkshire Hathaway Inc Cl B	35,729	$8.093M	5.6%	—	—	COM	084670702
JNJ	Johnson & Johnson	52,850	$7.709M	5.3%	—	—	COM	478160104
COST	Costco Whsl Corp	21,773	$6.4M	4.4%	—	—	COM	22160K105
PM	Philip Morris International In	72,392	$6.16M	4.2%	—	—	COM	718172109
MO	Altria Group Inc	97,366	$4.86M	3.3%	—	—	COM	02209S103
DEO	Diageo PLC Sponsored ADR New	28,000	$4.716M	3.3%	—	—	ADR	25243Q205
ABT	Abbott Labs	45,945	$3.991M	2.8%	—	—	COM	002824100
WFC	Wells Fargo & Co	70,825	$3.81M	2.6%	—	—	COM	949746101
AXP	American Express Company	30,213	$3.761M	2.6%	—	—	COM	025816109
NSC	Norfolk Southern Corp	18,326	$3.558M	2.5%	—	—	COM	655844108
QSR	Restaurant Brands Internationa	53,194	$3.392M	2.3%	—	—	COM	76131D103
WMT	Wal Mart Stores Inc	27,355	$3.251M	2.2%	—	—	COM	931142103
GPC	Genuine Parts Co	27,618	$2.934M	2.0%	—	—	COM	372460105
ENB	Enbridge Inc	72,852	$2.897M	2.0%	—	—	COM	29250N105
EPD	Enterprise Prods Partners LP	94,139	$2.651M	1.8%	—	—	COM	293792107
O	Realty Income Corp	31,824	$2.343M	1.6%	—	—	COM	756109104
BUD	Anheuser-Busch Inbev SA/NV	27,902	$2.289M	1.6%	—	—	ADR	03524A108
VRSK	Verisk Analytics	14,968	$2.235M	1.5%	—	—	COM	92345Y106
ABBV	AbbVie Inc	24,843	$2.2M	1.5%	—	—	COM	00287Y109
KHC	Kraft Heinz Co	59,590	$1.915M	1.3%	—	—	COM	500754106
UNP	Union Pacific Corp	8,963	$1.62M	1.1%	—	—	COM	907818108
—	Novartis ADR	16,457	$1.558M	1.1%	—	—	ADR	66987v109
UPS	United Parcel Svc Inc Cl B	10,415	$1.219M	0.8%	—	—	COM	911312106
FNV	Franco-Nevada Corp	11,408	$1.178M	0.8%	—	—	COM	351858105
—	Magellan Midstream Partners LP	14,135	$889K	0.6%	—	—	COM	559080106
—	Store Capital	22,435	$835K	0.6%	—	—	COM	862121100
KMI	Kinder Morgan Inc	31,146	$659K	0.5%	—	—	COM	49456B101
MDLZ	Mondelez International Inc	11,706	$645K	0.4%	—	—	COM	609207105
JPM	J.P. Morgan Chase & Co	4,469	$623K	0.4%	—	—	COM	46625H100
BTI	British American Tobacco	11,020	$468K	0.3%	—	—	ADR	110448107
HSY	Hershey Food Corp	2,892	$425K	0.3%	—	—	COM	427866108
EXPD	Expeditors International	4,638	$362K	0.2%	—	—	COM	302130109
WEC	WEC Energy Group Inc	3,825	$353K	0.2%	—	—	COM	92939U106
AAPL	Apple Computer Inc	1,150	$338K	0.2%	—	—	COM	037833100
DIS	Disney Walt Company Holding Co	2,173	$314K	0.2%	—	—	COM	254687106
MCO	Moodys Corp	1,085	$258K	0.2%	—	—	COM	615369105
—	Unilever PLC	4,404	$252K	0.2%	—	—	ADR	904767704
BAX	Baxter International	2,711	$227K	0.2%	—	—	COM	071813109