HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value: $118M (100.0% shares, 0.0% debt)

Holdings (39)

BRK/A Berkshire Hathaway Inc Cl A 12.4%

Value $14.7M Shares 55 Est. Cost — Unrealized —

PG Procter & Gamble Co 6.4%

Value $7.56M Shares 63,224 Est. Cost — Unrealized —

PEP PepsiCo Inc 6.3%

Value $7.414M Shares 56,057 Est. Cost — Unrealized —

MCD McDonald's Corp 6.0%

Value $7.043M Shares 38,178 Est. Cost — Unrealized —

JNJ Johnson & Johnson 5.8%

Value $6.832M Shares 48,584 Est. Cost — Unrealized —

KO Coca-Cola Company 5.4%

Value $6.416M Shares 143,591 Est. Cost — Unrealized —

COST Costco Whsl Corp 5.3%

Value $6.267M Shares 20,670 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 5.1%

Value $6.061M Shares 33,952 Est. Cost — Unrealized —

PM Philip Morris International In 4.4%

Value $5.154M Shares 73,564 Est. Cost — Unrealized —

ABT Abbott Labs 3.5%

Value $4.105M Shares 44,898 Est. Cost — Unrealized —

MO Altria Group Inc 3.3%

Value $3.897M Shares 99,285 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR 3.2%

Value $3.813M Shares 28,369 Est. Cost — Unrealized —

ABBV AbbVie Inc 2.8%

Value $3.343M Shares 34,049 Est. Cost — Unrealized —

QSR Restaurant Brands Internationa 2.7%

Value $3.163M Shares 57,907 Est. Cost — Unrealized —

WMT Walmart Inc 2.4%

Value $2.886M Shares 24,092 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 2.2%

Value $2.552M Shares 14,536 Est. Cost — Unrealized —

VRSK Verisk Analytics 2.0%

Value $2.345M Shares 13,778 Est. Cost — Unrealized —

GPC Genuine Parts Co 2.0%

Value $2.338M Shares 26,890 Est. Cost — Unrealized —

ENB Enbridge Inc 1.9%

Value $2.306M Shares 75,790 Est. Cost — Unrealized —

AXP American Express Company 1.9%

Value $2.304M Shares 24,202 Est. Cost — Unrealized —

KHC Kraft Heinz Co 1.7%

Value $1.982M Shares 62,150 Est. Cost — Unrealized —

O Realty Income Corp 1.5%

Value $1.799M Shares 30,234 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.5%

Value $1.721M Shares 94,699 Est. Cost — Unrealized —

FNV Franco-Nevada Corp 1.4%

Value $1.674M Shares 11,986 Est. Cost — Unrealized —

UNP Union Pacific Corp 1.4%

Value $1.664M Shares 9,842 Est. Cost — Unrealized —

WFC Wells Fargo & Co 1.3%

Value $1.589M Shares 62,083 Est. Cost — Unrealized —

NVS Novartis International AG ADR 1.1%

Value $1.275M Shares 14,595 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 0.9%

Value $1.123M Shares 10,105 Est. Cost — Unrealized —

HSY Hershey Company 0.7%

Value $867K Shares 6,690 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.5%

Value $615K Shares 14,240 Est. Cost — Unrealized —

— Unilever PLC 0.5%

Value $610K Shares 11,110 Est. Cost — Unrealized —

BTI British American Tobacco 0.4%

Value $428K Shares 11,020 Est. Cost — Unrealized —

AAPL Apple Inc 0.4%

Value $420K Shares 1,150 Est. Cost — Unrealized —

KMI Kinder Morgan Inc 0.3%

Value $412K Shares 27,161 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 0.3%

Value $366K Shares 7,149 Est. Cost — Unrealized —

EXPD Expeditors International 0.3%

Value $355K Shares 4,665 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.3%

Value $335K Shares 3,825 Est. Cost — Unrealized —

MCO Moody's Corp 0.3%

Value $298K Shares 1,085 Est. Cost — Unrealized —

DIS Walt Disney Company 0.2%

Value $246K Shares 2,203 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$14.7M	12.4%	—	—	COM	084670108
PG	Procter & Gamble Co	63,224	$7.56M	6.4%	—	—	COM	742718109
PEP	PepsiCo Inc	56,057	$7.414M	6.3%	—	—	COM	713448108
MCD	McDonald's Corp	38,178	$7.043M	6.0%	—	—	COM	580135101
JNJ	Johnson & Johnson	48,584	$6.832M	5.8%	—	—	COM	478160104
KO	Coca-Cola Company	143,591	$6.416M	5.4%	—	—	COM	191216100
COST	Costco Whsl Corp	20,670	$6.267M	5.3%	—	—	COM	22160K105
BRK/B	Berkshire Hathaway Inc Cl B	33,952	$6.061M	5.1%	—	—	COM	084670702
PM	Philip Morris International In	73,564	$5.154M	4.4%	—	—	COM	718172109
ABT	Abbott Labs	44,898	$4.105M	3.5%	—	—	COM	002824100
MO	Altria Group Inc	99,285	$3.897M	3.3%	—	—	COM	02209S103
DEO	Diageo PLC Sponsored ADR	28,369	$3.813M	3.2%	—	—	ADR	25243Q205
ABBV	AbbVie Inc	34,049	$3.343M	2.8%	—	—	COM	00287Y109
QSR	Restaurant Brands Internationa	57,907	$3.163M	2.7%	—	—	COM	76131D103
WMT	Walmart Inc	24,092	$2.886M	2.4%	—	—	COM	931142103
NSC	Norfolk Southern Corp	14,536	$2.552M	2.2%	—	—	COM	655844108
VRSK	Verisk Analytics	13,778	$2.345M	2.0%	—	—	COM	92345Y106
GPC	Genuine Parts Co	26,890	$2.338M	2.0%	—	—	COM	372460105
ENB	Enbridge Inc	75,790	$2.306M	1.9%	—	—	COM	29250N105
AXP	American Express Company	24,202	$2.304M	1.9%	—	—	COM	025816109
KHC	Kraft Heinz Co	62,150	$1.982M	1.7%	—	—	COM	500754106
O	Realty Income Corp	30,234	$1.799M	1.5%	—	—	COM	756109104
EPD	Enterprise Prods Partners LP	94,699	$1.721M	1.5%	—	—	COM	293792107
FNV	Franco-Nevada Corp	11,986	$1.674M	1.4%	—	—	COM	351858105
UNP	Union Pacific Corp	9,842	$1.664M	1.4%	—	—	COM	907818108
WFC	Wells Fargo & Co	62,083	$1.589M	1.3%	—	—	COM	949746101
NVS	Novartis International AG ADR	14,595	$1.275M	1.1%	—	—	ADR	66987V109
UPS	United Parcel Svc Inc Cl B	10,105	$1.123M	0.9%	—	—	COM	911312106
HSY	Hershey Company	6,690	$867K	0.7%	—	—	COM	427866108
—	Magellan Midstream Partners LP	14,240	$615K	0.5%	—	—	COM	559080106
—	Unilever PLC	11,110	$610K	0.5%	—	—	ADR	904767704
BTI	British American Tobacco	11,020	$428K	0.4%	—	—	ADR	110448107
AAPL	Apple Inc	1,150	$420K	0.4%	—	—	COM	037833100
KMI	Kinder Morgan Inc	27,161	$412K	0.3%	—	—	COM	49456B101
MDLZ	Mondelez International Inc	7,149	$366K	0.3%	—	—	COM	609207105
EXPD	Expeditors International	4,665	$355K	0.3%	—	—	COM	302130109
WEC	WEC Energy Group Inc	3,825	$335K	0.3%	—	—	COM	92939U106
MCO	Moody's Corp	1,085	$298K	0.3%	—	—	COM	615369105
DIS	Walt Disney Company	2,203	$246K	0.2%	—	—	COM	254687106