HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 11, 2022

Total Value ($000): $171,278 (100.0% shares, 0.0% debt)

Holdings (46)

BRK/A Berkshire Hathaway Inc Cl A 14.5%

Value ($000) $24,786 Shares 55 Est. Cost $219349.66 Unrealized +96.9%

COST Costco Whsl Corp 6.7%

Value ($000) $11,468 Shares 20,200 Est. Cost $136.95 Unrealized +256.4%

BRK/B Berkshire Hathaway Inc Cl B 5.5%

Value ($000) $9,351 Shares 31,274 Est. Cost $149.87 Unrealized +91.1%

PEP PepsiCo Inc 5.4%

Value ($000) $9,231 Shares 53,138 Est. Cost $81.79 Unrealized +75.4%

PG Procter & Gamble Co 5.3%

Value ($000) $9,041 Shares 55,269 Est. Cost $67.61 Unrealized +98.4%

MCD McDonald's Corp 4.9%

Value ($000) $8,425 Shares 31,430 Est. Cost $95.06 Unrealized +141.5%

KO Coca-Cola Company 4.7%

Value ($000) $8,078 Shares 136,435 Est. Cost $32.73 Unrealized +50.3%

JNJ Johnson & Johnson 4.5%

Value ($000) $7,655 Shares 44,750 Est. Cost $95.30 Unrealized +52.2%

PM Philip Morris International In 4.1%

Value ($000) $7,024 Shares 73,940 Est. Cost $61.24 Unrealized +24.6%

DEO Diageo PLC Sponsored ADR 3.5%

Value ($000) $6,042 Shares 27,444 Est. Cost $117.03 Unrealized —

ABT Abbott Labs 3.4%

Value ($000) $5,902 Shares 41,936 Est. Cost $38.50 Unrealized +208.3%

ABBV AbbVie Inc 3.2%

Value ($000) $5,402 Shares 39,897 Est. Cost $65.41 Unrealized +55.5%

MO Altria Group Inc 2.8%

Value ($000) $4,789 Shares 101,050 Est. Cost $34.32 Unrealized -4.5%

AXP American Express Company 2.2%

Value ($000) $3,838 Shares 23,460 Est. Cost $56.58 Unrealized +185.9%

NSC Norfolk Southern Corp 2.2%

Value ($000) $3,748 Shares 12,588 Est. Cost $75.16 Unrealized +239.6%

ENB Enbridge Inc 2.2%

Value ($000) $3,730 Shares 95,332 Est. Cost $21.99 Unrealized +39.5%

GPC Genuine Parts Co 2.1%

Value ($000) $3,560 Shares 25,389 Est. Cost $76.94 Unrealized +53.4%

WMT Walmart Inc 2.0%

Value ($000) $3,500 Shares 24,190 Est. Cost $21.64 Unrealized +108.7%

FNV Franco-Nevada Corp 2.0%

Value ($000) $3,479 Shares 25,160 Est. Cost $102.16 Unrealized +30.2%

VRSK Verisk Analytics 1.8%

Value ($000) $3,116 Shares 13,625 Est. Cost $79.08 Unrealized +168.6%

UNP Union Pacific Corp 1.4%

Value ($000) $2,384 Shares 9,462 Est. Cost $116.42 Unrealized +84.7%

UPS United Parcel Svc Inc Cl B 1.3%

Value ($000) $2,248 Shares 10,487 Est. Cost $87.24 Unrealized +93.2%

QSR Restaurant Brands Internationa 1.3%

Value ($000) $2,159 Shares 35,578 Est. Cost $65.01 Unrealized -9.3%

O Realty Income Corp 1.2%

Value ($000) $2,021 Shares 28,234 Est. Cost $38.85 Unrealized +42.5%

EPD Enterprise Prods Partners LP 1.2%

Value ($000) $1,970 Shares 89,720 Est. Cost $27.09 Unrealized —

VZ Verizon Communications Inc 1.1%

Value ($000) $1,886 Shares 36,305 Est. Cost $42.49 Unrealized -5.0%

HSY Hershey Company 0.9%

Value ($000) $1,620 Shares 8,376 Est. Cost $109.08 Unrealized +50.0%

AAPL Apple Inc 0.9%

Value ($000) $1,464 Shares 8,244 Est. Cost $109.57 Unrealized +41.2%

AMT American Tower Systems Corp Cl 0.8%

Value ($000) $1,330 Shares 4,548 Est. Cost $214.30 Unrealized +11.8%

KHC Kraft Heinz Co 0.7%

Value ($000) $1,266 Shares 35,276 Est. Cost $49.76 Unrealized -40.7%

EXPD Expeditors International 0.7%

Value ($000) $1,177 Shares 8,768 Est. Cost $66.54 Unrealized +78.8%

ADI Analog Devices Inc 0.7%

Value ($000) $1,157 Shares 6,582 Est. Cost $158.67 Unrealized +3.8%

GOOG Alphabet Inc Class C 0.6%

Value ($000) $964 Shares 333 Est. Cost $91.72 Unrealized +56.4%

ORLY O'Reilly Automotive Inc 0.5%

Value ($000) $940 Shares 1,331 Est. Cost $35.68 Unrealized +21.3%

YUM Yum Brands Inc 0.5%

Value ($000) $820 Shares 5,903 Est. Cost $86.42 Unrealized +36.8%

WFC Wells Fargo & Co 0.5%

Value ($000) $803 Shares 16,739 Est. Cost $36.86 Unrealized +20.5%

— Magellan Midstream Partners LP 0.4%

Value ($000) $754 Shares 16,241 Est. Cost $59.80 Unrealized —

— Unilever PLC 0.4%

Value ($000) $734 Shares 13,652 Est. Cost $56.41 Unrealized —

SHW Sherwin-Williams Co. 0.4%

Value ($000) $680 Shares 1,931 Est. Cost $244.43 Unrealized +27.3%

NVS Novartis International AG ADR 0.3%

Value ($000) $572 Shares 6,544 Est. Cost $83.58 Unrealized —

JPM JPMorgan Chase & Co 0.3%

Value ($000) $545 Shares 3,439 Est. Cost $85.44 Unrealized +73.0%

MDLZ Mondelez International Inc 0.3%

Value ($000) $457 Shares 6,886 Est. Cost $35.22 Unrealized +57.1%

MCO Moody's Corp 0.2%

Value ($000) $402 Shares 1,030 Est. Cost $179.45 Unrealized +107.5%

WEC WEC Energy Group Inc 0.2%

Value ($000) $370 Shares 3,807 Est. Cost $46.15 Unrealized +72.1%

UNH UnitedHealth Group Inc 0.1%

Value ($000) $201 Shares 400 Est. Cost $422.19 Unrealized 0.0%

KMI Kinder Morgan Inc 0.1%

Value ($000) $189 Shares 11,888 Est. Cost $11.20 Unrealized +17.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	55	$24,786	14.5%	$219349.66	+96.9%	COM	084670108
COST	Costco Whsl Corp	20,200	$11,468	6.7%	$136.95	+256.4%	COM	22160K105
BRK/B	Berkshire Hathaway Inc Cl B	31,274	$9,351	5.5%	$149.87	+91.1%	COM	084670702
PEP	PepsiCo Inc	53,138	$9,231	5.4%	$81.79	+75.4%	COM	713448108
PG	Procter & Gamble Co	55,269	$9,041	5.3%	$67.61	+98.4%	COM	742718109
MCD	McDonald's Corp	31,430	$8,425	4.9%	$95.06	+141.5%	COM	580135101
KO	Coca-Cola Company	136,435	$8,078	4.7%	$32.73	+50.3%	COM	191216100
JNJ	Johnson & Johnson	44,750	$7,655	4.5%	$95.30	+52.2%	COM	478160104
PM	Philip Morris International In	73,940	$7,024	4.1%	$61.24	+24.6%	COM	718172109
DEO	Diageo PLC Sponsored ADR	27,444	$6,042	3.5%	$117.03	—	ADR	25243Q205
ABT	Abbott Labs	41,936	$5,902	3.4%	$38.50	+208.3%	COM	002824100
ABBV	AbbVie Inc	39,897	$5,402	3.2%	$65.41	+55.5%	COM	00287Y109
MO	Altria Group Inc	101,050	$4,789	2.8%	$34.32	-4.5%	COM	02209S103
AXP	American Express Company	23,460	$3,838	2.2%	$56.58	+185.9%	COM	025816109
NSC	Norfolk Southern Corp	12,588	$3,748	2.2%	$75.16	+239.6%	COM	655844108
ENB	Enbridge Inc	95,332	$3,730	2.2%	$21.99	+39.5%	COM	29250N105
GPC	Genuine Parts Co	25,389	$3,560	2.1%	$76.94	+53.4%	COM	372460105
WMT	Walmart Inc	24,190	$3,500	2.0%	$21.64	+108.7%	COM	931142103
FNV	Franco-Nevada Corp	25,160	$3,479	2.0%	$102.16	+30.2%	COM	351858105
VRSK	Verisk Analytics	13,625	$3,116	1.8%	$79.08	+168.6%	COM	92345Y106
UNP	Union Pacific Corp	9,462	$2,384	1.4%	$116.42	+84.7%	COM	907818108
UPS	United Parcel Svc Inc Cl B	10,487	$2,248	1.3%	$87.24	+93.2%	COM	911312106
QSR	Restaurant Brands Internationa	35,578	$2,159	1.3%	$65.01	-9.3%	COM	76131D103
O	Realty Income Corp	28,234	$2,021	1.2%	$38.85	+42.5%	COM	756109104
EPD	Enterprise Prods Partners LP	89,720	$1,970	1.2%	$27.09	—	COM	293792107
VZ	Verizon Communications Inc	36,305	$1,886	1.1%	$42.49	-5.0%	COM	92343V104
HSY	Hershey Company	8,376	$1,620	0.9%	$109.08	+50.0%	COM	427866108
AAPL	Apple Inc	8,244	$1,464	0.9%	$109.57	+41.2%	COM	037833100
AMT	American Tower Systems Corp Cl	4,548	$1,330	0.8%	$214.30	+11.8%	COM	03027X100
KHC	Kraft Heinz Co	35,276	$1,266	0.7%	$49.76	-40.7%	COM	500754106
EXPD	Expeditors International	8,768	$1,177	0.7%	$66.54	+78.8%	COM	302130109
ADI	Analog Devices Inc	6,582	$1,157	0.7%	$158.67	+3.8%	COM	032654105
GOOG	Alphabet Inc Class C	333	$964	0.6%	$91.72	+56.4%	COM	02079K107
ORLY	O'Reilly Automotive Inc	1,331	$940	0.5%	$35.68	+21.3%	COM	67103H107
YUM	Yum Brands Inc	5,903	$820	0.5%	$86.42	+36.8%	COM	988498101
WFC	Wells Fargo & Co	16,739	$803	0.5%	$36.86	+20.5%	COM	949746101
—	Magellan Midstream Partners LP	16,241	$754	0.4%	$59.80	—	COM	559080106
—	Unilever PLC	13,652	$734	0.4%	$56.41	—	ADR	904767704
SHW	Sherwin-Williams Co.	1,931	$680	0.4%	$244.43	+27.3%	COM	824348106
NVS	Novartis International AG ADR	6,544	$572	0.3%	$83.58	—	ADR	66987V109
JPM	JPMorgan Chase & Co	3,439	$545	0.3%	$85.44	+73.0%	COM	46625H100
MDLZ	Mondelez International Inc	6,886	$457	0.3%	$35.22	+57.1%	COM	609207105
MCO	Moody's Corp	1,030	$402	0.2%	$179.45	+107.5%	COM	615369105
WEC	WEC Energy Group Inc	3,807	$370	0.2%	$46.15	+72.1%	COM	92939U106
UNH	UnitedHealth Group Inc	400	$201	0.1%	$422.19	0.0%	COM	91324P102
KMI	Kinder Morgan Inc	11,888	$189	0.1%	$11.20	+17.9%	COM	49456B101