HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 13, 2021

Total Value: $156M (100.0% shares, 0.0% debt)

Holdings (46)

BRK/A Berkshire Hathaway Inc Cl A 14.7%

Value $23.02M Shares 55 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 5.7%

Value $8.83M Shares 31,770 Est. Cost — Unrealized —

COST Costco Whsl Corp 5.2%

Value $8.135M Shares 20,561 Est. Cost — Unrealized —

PEP PepsiCo Inc 5.1%

Value $7.947M Shares 53,637 Est. Cost — Unrealized —

JNJ Johnson & Johnson 5.1%

Value $7.924M Shares 48,103 Est. Cost — Unrealized —

PG Procter & Gamble Co 5.0%

Value $7.739M Shares 57,352 Est. Cost — Unrealized —

KO Coca-Cola Company 4.7%

Value $7.381M Shares 136,403 Est. Cost — Unrealized —

MCD McDonald's Corp 4.7%

Value $7.368M Shares 31,896 Est. Cost — Unrealized —

PM Philip Morris International In 4.7%

Value $7.353M Shares 74,186 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR 3.4%

Value $5.342M Shares 27,866 Est. Cost — Unrealized —

ABT Abbott Labs 3.1%

Value $4.886M Shares 42,144 Est. Cost — Unrealized —

MO Altria Group Inc 3.1%

Value $4.781M Shares 100,264 Est. Cost — Unrealized —

ABBV AbbVie Inc 2.9%

Value $4.518M Shares 40,106 Est. Cost — Unrealized —

AXP American Express Company 2.5%

Value $3.905M Shares 23,636 Est. Cost — Unrealized —

ENB Enbridge Inc 2.3%

Value $3.652M Shares 91,106 Est. Cost — Unrealized —

QSR Restaurant Brands Internationa 2.3%

Value $3.553M Shares 55,133 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 2.2%

Value $3.413M Shares 12,861 Est. Cost — Unrealized —

WMT Walmart Inc 2.1%

Value $3.352M Shares 23,770 Est. Cost — Unrealized —

GPC Genuine Parts Co 2.1%

Value $3.23M Shares 25,540 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.5%

Value $2.389M Shares 13,673 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 1.5%

Value $2.364M Shares 11,367 Est. Cost — Unrealized —

FNV Franco-Nevada Corp 1.5%

Value $2.301M Shares 15,859 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.3%

Value $2.104M Shares 87,203 Est. Cost — Unrealized —

UNP Union Pacific Corp 1.3%

Value $2.1M Shares 9,550 Est. Cost — Unrealized —

KHC Kraft Heinz Co 1.3%

Value $2.041M Shares 50,057 Est. Cost — Unrealized —

VZ Verizon Communications Inc 1.2%

Value $1.862M Shares 33,239 Est. Cost — Unrealized —

O Realty Income Corp 1.2%

Value $1.861M Shares 27,883 Est. Cost — Unrealized —

HSY Hershey Company 0.9%

Value $1.46M Shares 8,382 Est. Cost — Unrealized —

NVS Novartis International AG ADR 0.7%

Value $1.034M Shares 11,333 Est. Cost — Unrealized —

EXPD Expeditors International 0.7%

Value $1.022M Shares 8,073 Est. Cost — Unrealized —

AAPL Apple Inc 0.6%

Value $981K Shares 7,161 Est. Cost — Unrealized —

AMT American Tower Systems Corp Cl 0.6%

Value $956K Shares 3,540 Est. Cost — Unrealized —

— Unilever PLC 0.6%

Value $883K Shares 15,090 Est. Cost — Unrealized —

GOOG Alphabet Inc Class C 0.5%

Value $835K Shares 333 Est. Cost — Unrealized —

— Magellan Midstream Partners LP 0.5%

Value $798K Shares 16,310 Est. Cost — Unrealized —

WFC Wells Fargo & Co 0.5%

Value $775K Shares 17,114 Est. Cost — Unrealized —

YUM Yum Brands Inc 0.4%

Value $624K Shares 5,422 Est. Cost — Unrealized —

JPM JPMorgan Chase & Co 0.4%

Value $616K Shares 3,962 Est. Cost — Unrealized —

SHW Sherwin-Williams Co. 0.3%

Value $526K Shares 1,932 Est. Cost — Unrealized —

ORLY O'Reilly Automotive Inc 0.3%

Value $498K Shares 879 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 0.3%

Value $436K Shares 6,979 Est. Cost — Unrealized —

MCO Moody's Corp 0.2%

Value $382K Shares 1,055 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.2%

Value $340K Shares 3,825 Est. Cost — Unrealized —

KMI Kinder Morgan Inc 0.2%

Value $249K Shares 13,656 Est. Cost — Unrealized —

ADI Analog Devices Inc 0.2%

Value $245K Shares 1,422 Est. Cost — Unrealized —

BTI British American Tobacco 0.1%

Value $208K Shares 5,302 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$23.02M	14.7%	—	—	COM	084670108
BRK/B	Berkshire Hathaway Inc Cl B	31,770	$8.83M	5.7%	—	—	COM	084670702
COST	Costco Whsl Corp	20,561	$8.135M	5.2%	—	—	COM	22160K105
PEP	PepsiCo Inc	53,637	$7.947M	5.1%	—	—	COM	713448108
JNJ	Johnson & Johnson	48,103	$7.924M	5.1%	—	—	COM	478160104
PG	Procter & Gamble Co	57,352	$7.739M	5.0%	—	—	COM	742718109
KO	Coca-Cola Company	136,403	$7.381M	4.7%	—	—	COM	191216100
MCD	McDonald's Corp	31,896	$7.368M	4.7%	—	—	COM	580135101
PM	Philip Morris International In	74,186	$7.353M	4.7%	—	—	COM	718172109
DEO	Diageo PLC Sponsored ADR	27,866	$5.342M	3.4%	—	—	ADR	25243Q205
ABT	Abbott Labs	42,144	$4.886M	3.1%	—	—	COM	002824100
MO	Altria Group Inc	100,264	$4.781M	3.1%	—	—	COM	02209S103
ABBV	AbbVie Inc	40,106	$4.518M	2.9%	—	—	COM	00287Y109
AXP	American Express Company	23,636	$3.905M	2.5%	—	—	COM	025816109
ENB	Enbridge Inc	91,106	$3.652M	2.3%	—	—	COM	29250N105
QSR	Restaurant Brands Internationa	55,133	$3.553M	2.3%	—	—	COM	76131D103
NSC	Norfolk Southern Corp	12,861	$3.413M	2.2%	—	—	COM	655844108
WMT	Walmart Inc	23,770	$3.352M	2.1%	—	—	COM	931142103
GPC	Genuine Parts Co	25,540	$3.23M	2.1%	—	—	COM	372460105
VRSK	Verisk Analytics	13,673	$2.389M	1.5%	—	—	COM	92345Y106
UPS	United Parcel Svc Inc Cl B	11,367	$2.364M	1.5%	—	—	COM	911312106
FNV	Franco-Nevada Corp	15,859	$2.301M	1.5%	—	—	COM	351858105
EPD	Enterprise Prods Partners LP	87,203	$2.104M	1.3%	—	—	COM	293792107
UNP	Union Pacific Corp	9,550	$2.1M	1.3%	—	—	COM	907818108
KHC	Kraft Heinz Co	50,057	$2.041M	1.3%	—	—	COM	500754106
VZ	Verizon Communications Inc	33,239	$1.862M	1.2%	—	—	COM	92343V104
O	Realty Income Corp	27,883	$1.861M	1.2%	—	—	COM	756109104
HSY	Hershey Company	8,382	$1.46M	0.9%	—	—	COM	427866108
NVS	Novartis International AG ADR	11,333	$1.034M	0.7%	—	—	ADR	66987V109
EXPD	Expeditors International	8,073	$1.022M	0.7%	—	—	COM	302130109
AAPL	Apple Inc	7,161	$981K	0.6%	—	—	COM	037833100
AMT	American Tower Systems Corp Cl	3,540	$956K	0.6%	—	—	COM	03027X100
—	Unilever PLC	15,090	$883K	0.6%	—	—	ADR	904767704
GOOG	Alphabet Inc Class C	333	$835K	0.5%	—	—	COM	02079K107
—	Magellan Midstream Partners LP	16,310	$798K	0.5%	—	—	COM	559080106
WFC	Wells Fargo & Co	17,114	$775K	0.5%	—	—	COM	949746101
YUM	Yum Brands Inc	5,422	$624K	0.4%	—	—	COM	988498101
JPM	JPMorgan Chase & Co	3,962	$616K	0.4%	—	—	COM	46625H100
SHW	Sherwin-Williams Co.	1,932	$526K	0.3%	—	—	COM	824348106
ORLY	O'Reilly Automotive Inc	879	$498K	0.3%	—	—	COM	67103H107
MDLZ	Mondelez International Inc	6,979	$436K	0.3%	—	—	COM	609207105
MCO	Moody's Corp	1,055	$382K	0.2%	—	—	COM	615369105
WEC	WEC Energy Group Inc	3,825	$340K	0.2%	—	—	COM	92939U106
KMI	Kinder Morgan Inc	13,656	$249K	0.2%	—	—	COM	49456B101
ADI	Analog Devices Inc	1,422	$245K	0.2%	—	—	COM	032654105
BTI	British American Tobacco	5,302	$208K	0.1%	—	—	ADR	110448107