HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 12, 2021

Total Value ($000): $152,822 (100.0% shares, 0.0% debt)

Holdings (45)

BRK/A Berkshire Hathaway Inc Cl A 14.8%

Value ($000) $22,626 Shares 55 Est. Cost $219349.66 Unrealized +92.7%

COST Costco Whsl Corp 6.0%

Value ($000) $9,203 Shares 20,480 Est. Cost $136.95 Unrealized +205.4%

BRK/B Berkshire Hathaway Inc Cl B 5.6%

Value ($000) $8,575 Shares 31,417 Est. Cost $149.87 Unrealized +87.4%

PEP PepsiCo Inc 5.3%

Value ($000) $8,033 Shares 53,405 Est. Cost $81.79 Unrealized +65.0%

PG Procter & Gamble Co 5.1%

Value ($000) $7,805 Shares 55,828 Est. Cost $67.61 Unrealized +88.2%

MCD McDonald's Corp 5.0%

Value ($000) $7,610 Shares 31,563 Est. Cost $95.06 Unrealized +127.0%

JNJ Johnson & Johnson 4.8%

Value ($000) $7,291 Shares 45,146 Est. Cost $95.30 Unrealized +57.7%

KO Coca-Cola Company 4.7%

Value ($000) $7,113 Shares 135,557 Est. Cost $32.73 Unrealized +49.1%

PM Philip Morris International In 4.6%

Value ($000) $7,048 Shares 74,353 Est. Cost $61.24 Unrealized +32.4%

DEO Diageo PLC Sponsored ADR 3.5%

Value ($000) $5,339 Shares 27,665 Est. Cost $117.03 Unrealized —

ABT Abbott Labs 3.2%

Value ($000) $4,956 Shares 41,953 Est. Cost $38.50 Unrealized +194.8%

MO Altria Group Inc 3.0%

Value ($000) $4,565 Shares 100,292 Est. Cost $34.32 Unrealized -1.0%

ABBV AbbVie Inc 2.8%

Value ($000) $4,346 Shares 40,292 Est. Cost $65.41 Unrealized +48.6%

AXP American Express Company 2.6%

Value ($000) $3,943 Shares 23,535 Est. Cost $56.58 Unrealized +179.7%

ENB Enbridge Inc 2.4%

Value ($000) $3,685 Shares 92,493 Est. Cost $21.72 Unrealized +36.7%

WMT Walmart Inc 2.2%

Value ($000) $3,309 Shares 23,742 Est. Cost $21.20 Unrealized +114.5%

GPC Genuine Parts Co 2.0%

Value ($000) $3,079 Shares 25,400 Est. Cost $76.94 Unrealized +43.6%

NSC Norfolk Southern Corp 2.0%

Value ($000) $3,043 Shares 12,718 Est. Cost $75.16 Unrealized +210.6%

VRSK Verisk Analytics 1.8%

Value ($000) $2,731 Shares 13,635 Est. Cost $79.08 Unrealized +138.2%

FNV Franco-Nevada Corp 1.8%

Value ($000) $2,682 Shares 20,643 Est. Cost $95.40 Unrealized +47.5%

QSR Restaurant Brands Internationa 1.7%

Value ($000) $2,525 Shares 41,270 Est. Cost $65.01 Unrealized -1.5%

VZ Verizon Communications Inc 1.3%

Value ($000) $1,933 Shares 35,796 Est. Cost $42.52 Unrealized -0.5%

UPS United Parcel Svc Inc Cl B 1.3%

Value ($000) $1,927 Shares 10,582 Est. Cost $87.24 Unrealized +86.5%

EPD Enterprise Prods Partners LP 1.2%

Value ($000) $1,888 Shares 87,235 Est. Cost $27.23 Unrealized —

UNP Union Pacific Corp 1.2%

Value ($000) $1,868 Shares 9,532 Est. Cost $116.42 Unrealized +67.7%

O Realty Income Corp 1.2%

Value ($000) $1,805 Shares 27,826 Est. Cost $38.60 Unrealized +39.4%

KHC Kraft Heinz Co 1.0%

Value ($000) $1,527 Shares 41,465 Est. Cost $49.76 Unrealized -38.6%

HSY Hershey Company 0.9%

Value ($000) $1,417 Shares 8,371 Est. Cost $109.08 Unrealized +45.6%

AAPL Apple Inc 0.7%

Value ($000) $1,014 Shares 7,164 Est. Cost $102.77 Unrealized +40.0%

AMT American Tower Systems Corp Cl 0.6%

Value ($000) $975 Shares 3,675 Est. Cost $208.32 Unrealized +19.4%

EXPD Expeditors International 0.6%

Value ($000) $969 Shares 8,132 Est. Cost $62.44 Unrealized +90.2%

GOOG Alphabet Inc Class C 0.6%

Value ($000) $888 Shares 333 Est. Cost $91.72 Unrealized +49.2%

— Unilever PLC 0.5%

Value ($000) $793 Shares 14,631 Est. Cost $56.41 Unrealized —

WFC Wells Fargo & Co 0.5%

Value ($000) $777 Shares 16,739 Est. Cost $36.86 Unrealized +12.8%

— Magellan Midstream Partners LP 0.5%

Value ($000) $740 Shares 16,241 Est. Cost $59.80 Unrealized —

YUM Yum Brands Inc 0.4%

Value ($000) $663 Shares 5,422 Est. Cost $83.60 Unrealized +39.7%

ORLY O'Reilly Automotive Inc 0.4%

Value ($000) $631 Shares 1,032 Est. Cost $33.48 Unrealized +19.5%

NVS Novartis International AG ADR 0.4%

Value ($000) $580 Shares 7,090 Est. Cost $83.58 Unrealized —

JPM JPMorgan Chase & Co 0.4%

Value ($000) $563 Shares 3,439 Est. Cost $85.44 Unrealized +64.2%

SHW Sherwin-Williams Co. 0.4%

Value ($000) $540 Shares 1,931 Est. Cost $244.43 Unrealized +15.1%

ADI Analog Devices Inc 0.3%

Value ($000) $512 Shares 3,055 Est. Cost $151.75 Unrealized +2.3%

MDLZ Mondelez International Inc 0.3%

Value ($000) $402 Shares 6,916 Est. Cost $35.22 Unrealized +57.4%

MCO Moody's Corp 0.2%

Value ($000) $368 Shares 1,037 Est. Cost $179.45 Unrealized +102.4%

WEC WEC Energy Group Inc 0.2%

Value ($000) $336 Shares 3,807 Est. Cost $46.15 Unrealized +75.2%

KMI Kinder Morgan Inc 0.1%

Value ($000) $199 Shares 11,888 Est. Cost $11.20 Unrealized +18.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$22,626	14.8%	$219349.66	+92.7%	COM	084670108
COST	Costco Whsl Corp	20,480	$9,203	6.0%	$136.95	+205.4%	COM	22160K105
BRK/B	Berkshire Hathaway Inc Cl B	31,417	$8,575	5.6%	$149.87	+87.4%	COM	084670702
PEP	PepsiCo Inc	53,405	$8,033	5.3%	$81.79	+65.0%	COM	713448108
PG	Procter & Gamble Co	55,828	$7,805	5.1%	$67.61	+88.2%	COM	742718109
MCD	McDonald's Corp	31,563	$7,610	5.0%	$95.06	+127.0%	COM	580135101
JNJ	Johnson & Johnson	45,146	$7,291	4.8%	$95.30	+57.7%	COM	478160104
KO	Coca-Cola Company	135,557	$7,113	4.7%	$32.73	+49.1%	COM	191216100
PM	Philip Morris International In	74,353	$7,048	4.6%	$61.24	+32.4%	COM	718172109
DEO	Diageo PLC Sponsored ADR	27,665	$5,339	3.5%	$117.03	—	ADR	25243Q205
ABT	Abbott Labs	41,953	$4,956	3.2%	$38.50	+194.8%	COM	002824100
MO	Altria Group Inc	100,292	$4,565	3.0%	$34.32	-1.0%	COM	02209S103
ABBV	AbbVie Inc	40,292	$4,346	2.8%	$65.41	+48.6%	COM	00287Y109
AXP	American Express Company	23,535	$3,943	2.6%	$56.58	+179.7%	COM	025816109
ENB	Enbridge Inc	92,493	$3,685	2.4%	$21.72	+36.7%	COM	29250N105
WMT	Walmart Inc	23,742	$3,309	2.2%	$21.20	+114.5%	COM	931142103
GPC	Genuine Parts Co	25,400	$3,079	2.0%	$76.94	+43.6%	COM	372460105
NSC	Norfolk Southern Corp	12,718	$3,043	2.0%	$75.16	+210.6%	COM	655844108
VRSK	Verisk Analytics	13,635	$2,731	1.8%	$79.08	+138.2%	COM	92345Y106
FNV	Franco-Nevada Corp	20,643	$2,682	1.8%	$95.40	+47.5%	COM	351858105
QSR	Restaurant Brands Internationa	41,270	$2,525	1.7%	$65.01	-1.5%	COM	76131D103
VZ	Verizon Communications Inc	35,796	$1,933	1.3%	$42.52	-0.5%	COM	92343V104
UPS	United Parcel Svc Inc Cl B	10,582	$1,927	1.3%	$87.24	+86.5%	COM	911312106
EPD	Enterprise Prods Partners LP	87,235	$1,888	1.2%	$27.23	—	COM	293792107
UNP	Union Pacific Corp	9,532	$1,868	1.2%	$116.42	+67.7%	COM	907818108
O	Realty Income Corp	27,826	$1,805	1.2%	$38.60	+39.4%	COM	756109104
KHC	Kraft Heinz Co	41,465	$1,527	1.0%	$49.76	-38.6%	COM	500754106
HSY	Hershey Company	8,371	$1,417	0.9%	$109.08	+45.6%	COM	427866108
AAPL	Apple Inc	7,164	$1,014	0.7%	$102.77	+40.0%	COM	037833100
AMT	American Tower Systems Corp Cl	3,675	$975	0.6%	$208.32	+19.4%	COM	03027X100
EXPD	Expeditors International	8,132	$969	0.6%	$62.44	+90.2%	COM	302130109
GOOG	Alphabet Inc Class C	333	$888	0.6%	$91.72	+49.2%	COM	02079K107
—	Unilever PLC	14,631	$793	0.5%	$56.41	—	ADR	904767704
WFC	Wells Fargo & Co	16,739	$777	0.5%	$36.86	+12.8%	COM	949746101
—	Magellan Midstream Partners LP	16,241	$740	0.5%	$59.80	—	COM	559080106
YUM	Yum Brands Inc	5,422	$663	0.4%	$83.60	+39.7%	COM	988498101
ORLY	O'Reilly Automotive Inc	1,032	$631	0.4%	$33.48	+19.5%	COM	67103H107
NVS	Novartis International AG ADR	7,090	$580	0.4%	$83.58	—	ADR	66987V109
JPM	JPMorgan Chase & Co	3,439	$563	0.4%	$85.44	+64.2%	COM	46625H100
SHW	Sherwin-Williams Co.	1,931	$540	0.4%	$244.43	+15.1%	COM	824348106
ADI	Analog Devices Inc	3,055	$512	0.3%	$151.75	+2.3%	COM	032654105
MDLZ	Mondelez International Inc	6,916	$402	0.3%	$35.22	+57.4%	COM	609207105
MCO	Moody's Corp	1,037	$368	0.2%	$179.45	+102.4%	COM	615369105
WEC	WEC Energy Group Inc	3,807	$336	0.2%	$46.15	+75.2%	COM	92939U106
KMI	Kinder Morgan Inc	11,888	$199	0.1%	$11.20	+18.5%	COM	49456B101