HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 13, 2020

Total Value: $109M (100.0% shares, 0.0% debt)

Holdings (41)

BRK/A Berkshire Hathaway Inc Cl A 13.7%

Value $14.96M Shares 55 Est. Cost — Unrealized —

PG Procter & Gamble Co 6.3%

Value $6.934M Shares 63,039 Est. Cost — Unrealized —

PEP PepsiCo Inc 6.1%

Value $6.716M Shares 55,920 Est. Cost — Unrealized —

MCD McDonald's Corp 6.0%

Value $6.584M Shares 39,821 Est. Cost — Unrealized —

JNJ Johnson & Johnson 5.8%

Value $6.38M Shares 48,651 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 5.8%

Value $6.305M Shares 34,486 Est. Cost — Unrealized —

KO Coca-Cola Company 5.8%

Value $6.302M Shares 142,429 Est. Cost — Unrealized —

COST Costco Whsl Corp 5.4%

Value $5.894M Shares 20,670 Est. Cost — Unrealized —

PM Philip Morris International In 4.8%

Value $5.294M Shares 72,564 Est. Cost — Unrealized —

MO Altria Group Inc 3.5%

Value $3.808M Shares 98,487 Est. Cost — Unrealized —

ABT Abbott Labs 3.2%

Value $3.55M Shares 44,984 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR 3.2%

Value $3.477M Shares 27,355 Est. Cost — Unrealized —

WMT Walmart Inc 2.4%

Value $2.644M Shares 23,268 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 2.3%

Value $2.466M Shares 16,891 Est. Cost — Unrealized —

AXP American Express Company 2.1%

Value $2.292M Shares 26,768 Est. Cost — Unrealized —

QSR Restaurant Brands Internationa 2.0%

Value $2.17M Shares 54,213 Est. Cost — Unrealized —

ENB Enbridge Inc 1.9%

Value $2.078M Shares 71,450 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.8%

Value $1.997M Shares 14,328 Est. Cost — Unrealized —

WFC Wells Fargo & Co 1.8%

Value $1.957M Shares 68,173 Est. Cost — Unrealized —

ABBV AbbVie Inc 1.7%

Value $1.889M Shares 24,793 Est. Cost — Unrealized —

GPC Genuine Parts Co 1.7%

Value $1.81M Shares 26,889 Est. Cost — Unrealized —

O Realty Income Corp 1.4%

Value $1.568M Shares 31,439 Est. Cost — Unrealized —

KHC Kraft Heinz Co 1.3%

Value $1.469M Shares 59,365 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.2%

Value $1.347M Shares 94,199 Est. Cost — Unrealized —

UNP Union Pacific Corp 1.2%

Value $1.332M Shares 9,445 Est. Cost — Unrealized —

FNV Franco-Nevada Corp 1.1%

Value $1.193M Shares 11,986 Est. Cost — Unrealized —

BUD Anheuser-Busch InBev SA/NV 1.0%

Value $1.052M Shares 23,852 Est. Cost — Unrealized —

NVS Novartis International AG ADR 1.0%

Value $1.042M Shares 12,639 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 0.8%

Value $856K Shares 9,166 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.5%

Value $516K Shares 14,135 Est. Cost — Unrealized —

HSY Hershey Company 0.4%

Value $416K Shares 3,136 Est. Cost — Unrealized —

KMI Kinder Morgan Inc 0.4%

Value $412K Shares 29,588 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 0.4%

Value $389K Shares 7,769 Est. Cost — Unrealized —

BTI British American Tobacco 0.3%

Value $377K Shares 11,020 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.3%

Value $337K Shares 3,825 Est. Cost — Unrealized —

— Unilever PLC 0.3%

Value $334K Shares 6,599 Est. Cost — Unrealized —

EXPD Expeditors International 0.3%

Value $311K Shares 4,665 Est. Cost — Unrealized —

JPM JPMorgan Chase & Co 0.3%

Value $296K Shares 3,289 Est. Cost — Unrealized —

AAPL Apple Inc 0.3%

Value $292K Shares 1,150 Est. Cost — Unrealized —

MCO Moody's Corp 0.2%

Value $229K Shares 1,085 Est. Cost — Unrealized —

DIS Walt Disney Company 0.2%

Value $213K Shares 2,203 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$14.96M	13.7%	—	—	COM	084670108
PG	Procter & Gamble Co	63,039	$6.934M	6.3%	—	—	COM	742718109
PEP	PepsiCo Inc	55,920	$6.716M	6.1%	—	—	COM	713448108
MCD	McDonald's Corp	39,821	$6.584M	6.0%	—	—	COM	580135101
JNJ	Johnson & Johnson	48,651	$6.38M	5.8%	—	—	COM	478160104
BRK/B	Berkshire Hathaway Inc Cl B	34,486	$6.305M	5.8%	—	—	COM	084670702
KO	Coca-Cola Company	142,429	$6.302M	5.8%	—	—	COM	191216100
COST	Costco Whsl Corp	20,670	$5.894M	5.4%	—	—	COM	22160K105
PM	Philip Morris International In	72,564	$5.294M	4.8%	—	—	COM	718172109
MO	Altria Group Inc	98,487	$3.808M	3.5%	—	—	COM	02209S103
ABT	Abbott Labs	44,984	$3.55M	3.2%	—	—	COM	002824100
DEO	Diageo PLC Sponsored ADR	27,355	$3.477M	3.2%	—	—	ADR	25243Q205
WMT	Walmart Inc	23,268	$2.644M	2.4%	—	—	COM	931142103
NSC	Norfolk Southern Corp	16,891	$2.466M	2.3%	—	—	COM	655844108
AXP	American Express Company	26,768	$2.292M	2.1%	—	—	COM	025816109
QSR	Restaurant Brands Internationa	54,213	$2.17M	2.0%	—	—	COM	76131D103
ENB	Enbridge Inc	71,450	$2.078M	1.9%	—	—	COM	29250N105
VRSK	Verisk Analytics	14,328	$1.997M	1.8%	—	—	COM	92345Y106
WFC	Wells Fargo & Co	68,173	$1.957M	1.8%	—	—	COM	949746101
ABBV	AbbVie Inc	24,793	$1.889M	1.7%	—	—	COM	00287Y109
GPC	Genuine Parts Co	26,889	$1.81M	1.7%	—	—	COM	372460105
O	Realty Income Corp	31,439	$1.568M	1.4%	—	—	COM	756109104
KHC	Kraft Heinz Co	59,365	$1.469M	1.3%	—	—	COM	500754106
EPD	Enterprise Prods Partners LP	94,199	$1.347M	1.2%	—	—	COM	293792107
UNP	Union Pacific Corp	9,445	$1.332M	1.2%	—	—	COM	907818108
FNV	Franco-Nevada Corp	11,986	$1.193M	1.1%	—	—	COM	351858105
BUD	Anheuser-Busch InBev SA/NV	23,852	$1.052M	1.0%	—	—	ADR	03524A108
NVS	Novartis International AG ADR	12,639	$1.042M	1.0%	—	—	ADR	66987V109
UPS	United Parcel Svc Inc Cl B	9,166	$856K	0.8%	—	—	COM	911312106
—	Magellan Midstream Partners LP	14,135	$516K	0.5%	—	—	COM	559080106
HSY	Hershey Company	3,136	$416K	0.4%	—	—	COM	427866108
KMI	Kinder Morgan Inc	29,588	$412K	0.4%	—	—	COM	49456B101
MDLZ	Mondelez International Inc	7,769	$389K	0.4%	—	—	COM	609207105
BTI	British American Tobacco	11,020	$377K	0.3%	—	—	ADR	110448107
WEC	WEC Energy Group Inc	3,825	$337K	0.3%	—	—	COM	92939U106
—	Unilever PLC	6,599	$334K	0.3%	—	—	ADR	904767704
EXPD	Expeditors International	4,665	$311K	0.3%	—	—	COM	302130109
JPM	JPMorgan Chase & Co	3,289	$296K	0.3%	—	—	COM	46625H100
AAPL	Apple Inc	1,150	$292K	0.3%	—	—	COM	037833100
MCO	Moody's Corp	1,085	$229K	0.2%	—	—	COM	615369105
DIS	Walt Disney Company	2,203	$213K	0.2%	—	—	COM	254687106