HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: Nov 14, 2022

Total Value ($000): $143,003 (100.0% shares, 0.0% debt)

Holdings (44)

BRK/A Berkshire Hathaway Inc Cl A 15.3%

Value ($000) $21,949 Shares 54 Est. Cost $219349.66 Unrealized +95.2%

BRK/B Berkshire Hathaway Inc Cl B 6.0%

Value ($000) $8,560 Shares 32,058 Est. Cost $155.97 Unrealized +82.4%

COST Costco Whsl Corp 5.7%

Value ($000) $8,146 Shares 17,249 Est. Cost $136.95 Unrealized +263.7%

PEP PepsiCo Inc 5.6%

Value ($000) $7,984 Shares 48,905 Est. Cost $81.79 Unrealized +88.8%

KO Coca-Cola Company 5.4%

Value ($000) $7,683 Shares 137,140 Est. Cost $32.73 Unrealized +71.3%

JNJ Johnson & Johnson 5.1%

Value ($000) $7,338 Shares 44,920 Est. Cost $95.30 Unrealized +60.4%

MCD McDonald's Corp 5.0%

Value ($000) $7,219 Shares 31,288 Est. Cost $95.06 Unrealized +148.5%

PG Procter & Gamble Co 4.7%

Value ($000) $6,775 Shares 53,662 Est. Cost $67.61 Unrealized +93.1%

PM Philip Morris International In 4.3%

Value ($000) $6,114 Shares 73,650 Est. Cost $61.24 Unrealized +32.2%

ABBV AbbVie Inc 3.7%

Value ($000) $5,335 Shares 39,749 Est. Cost $65.41 Unrealized +94.3%

DEO Diageo PLC Sponsored ADR 3.1%

Value ($000) $4,373 Shares 25,754 Est. Cost $117.03 Unrealized —

ABT Abbott Labs 2.9%

Value ($000) $4,177 Shares 43,165 Est. Cost $40.25 Unrealized +148.5%

MO Altria Group Inc 2.9%

Value ($000) $4,171 Shares 103,284 Est. Cost $34.40 Unrealized -3.9%

ENB Enbridge Inc 2.8%

Value ($000) $3,985 Shares 106,892 Est. Cost $23.35 Unrealized +44.8%

GPC Genuine Parts Co 2.5%

Value ($000) $3,509 Shares 23,502 Est. Cost $76.94 Unrealized +78.6%

FNV Franco-Nevada Corp 2.3%

Value ($000) $3,293 Shares 27,560 Est. Cost $105.04 Unrealized +15.9%

AXP American Express Company 2.2%

Value ($000) $3,156 Shares 23,390 Est. Cost $56.58 Unrealized +156.2%

WMT Walmart Inc 2.2%

Value ($000) $3,124 Shares 24,086 Est. Cost $21.64 Unrealized +94.1%

NSC Norfolk Southern Corp 1.7%

Value ($000) $2,376 Shares 11,331 Est. Cost $75.16 Unrealized +196.5%

VRSK Verisk Analytics 1.6%

Value ($000) $2,300 Shares 13,490 Est. Cost $79.08 Unrealized +131.2%

EPD Enterprise Prods Partners LP 1.5%

Value ($000) $2,160 Shares 90,828 Est. Cost $27.09 Unrealized —

HSY Hershey Company 1.3%

Value ($000) $1,835 Shares 8,323 Est. Cost $109.08 Unrealized +88.2%

UNP Union Pacific Corp 1.3%

Value ($000) $1,808 Shares 9,280 Est. Cost $116.42 Unrealized +75.4%

O Realty Income Corp 1.2%

Value ($000) $1,710 Shares 29,387 Est. Cost $39.33 Unrealized +45.7%

UPS United Parcel Svc Inc Cl B 1.0%

Value ($000) $1,439 Shares 8,906 Est. Cost $87.24 Unrealized +84.0%

AAPL Apple Inc 0.9%

Value ($000) $1,246 Shares 9,013 Est. Cost $114.46 Unrealized +34.8%

QSR Restaurant Brands Internationa 0.8%

Value ($000) $1,118 Shares 21,025 Est. Cost $65.01 Unrealized -13.1%

AMT American Tower Systems Corp Cl 0.8%

Value ($000) $1,108 Shares 5,162 Est. Cost $215.88 Unrealized +6.0%

ORLY O'Reilly Automotive Inc 0.7%

Value ($000) $983 Shares 1,397 Est. Cost $36.20 Unrealized +28.8%

ADI Analog Devices Inc 0.7%

Value ($000) $965 Shares 6,928 Est. Cost $158.25 Unrealized -5.9%

KHC Kraft Heinz Co 0.7%

Value ($000) $941 Shares 28,207 Est. Cost $49.76 Unrealized -36.8%

GOOG Alphabet Inc Class C 0.6%

Value ($000) $842 Shares 8,758 Est. Cost $110.12 Unrealized +0.6%

— Magellan Midstream Partners LP 0.5%

Value ($000) $753 Shares 15,851 Est. Cost $59.80 Unrealized —

EXPD Expeditors International 0.5%

Value ($000) $714 Shares 8,085 Est. Cost $66.54 Unrealized +44.3%

WFC Wells Fargo & Co 0.5%

Value ($000) $661 Shares 16,434 Est. Cost $36.86 Unrealized +6.8%

YUM Yum Brands Inc 0.4%

Value ($000) $525 Shares 4,940 Est. Cost $86.42 Unrealized +25.9%

VZ Verizon Communications Inc 0.4%

Value ($000) $505 Shares 13,296 Est. Cost $42.46 Unrealized -15.8%

— Activision Blizzard Inc 0.3%

Value ($000) $488 Shares 6,570 Est. Cost $74.28 Unrealized —

SHW Sherwin-Williams Co. 0.3%

Value ($000) $395 Shares 1,928 Est. Cost $244.43 Unrealized -6.0%

WEC WEC Energy Group Inc 0.2%

Value ($000) $340 Shares 3,807 Est. Cost $46.15 Unrealized +96.6%

MCO Moody's Corp 0.2%

Value ($000) $244 Shares 1,005 Est. Cost $179.45 Unrealized +57.3%

MDLZ Mondelez International Inc 0.2%

Value ($000) $228 Shares 4,165 Est. Cost $35.22 Unrealized +60.7%

UNH UnitedHealth Group Inc 0.2%

Value ($000) $218 Shares 432 Est. Cost $427.59 Unrealized +15.8%

NVS Novartis International AG ADR 0.1%

Value ($000) $210 Shares 2,766 Est. Cost $83.58 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	54	$21,949	15.3%	$219349.66	+95.2%	COM	084670108
BRK/B	Berkshire Hathaway Inc Cl B	32,058	$8,560	6.0%	$155.97	+82.4%	COM	084670702
COST	Costco Whsl Corp	17,249	$8,146	5.7%	$136.95	+263.7%	COM	22160K105
PEP	PepsiCo Inc	48,905	$7,984	5.6%	$81.79	+88.8%	COM	713448108
KO	Coca-Cola Company	137,140	$7,683	5.4%	$32.73	+71.3%	COM	191216100
JNJ	Johnson & Johnson	44,920	$7,338	5.1%	$95.30	+60.4%	COM	478160104
MCD	McDonald's Corp	31,288	$7,219	5.0%	$95.06	+148.5%	COM	580135101
PG	Procter & Gamble Co	53,662	$6,775	4.7%	$67.61	+93.1%	COM	742718109
PM	Philip Morris International In	73,650	$6,114	4.3%	$61.24	+32.2%	COM	718172109
ABBV	AbbVie Inc	39,749	$5,335	3.7%	$65.41	+94.3%	COM	00287Y109
DEO	Diageo PLC Sponsored ADR	25,754	$4,373	3.1%	$117.03	—	ADR	25243Q205
ABT	Abbott Labs	43,165	$4,177	2.9%	$40.25	+148.5%	COM	002824100
MO	Altria Group Inc	103,284	$4,171	2.9%	$34.40	-3.9%	COM	02209S103
ENB	Enbridge Inc	106,892	$3,985	2.8%	$23.35	+44.8%	COM	29250N105
GPC	Genuine Parts Co	23,502	$3,509	2.5%	$76.94	+78.6%	COM	372460105
FNV	Franco-Nevada Corp	27,560	$3,293	2.3%	$105.04	+15.9%	COM	351858105
AXP	American Express Company	23,390	$3,156	2.2%	$56.58	+156.2%	COM	025816109
WMT	Walmart Inc	24,086	$3,124	2.2%	$21.64	+94.1%	COM	931142103
NSC	Norfolk Southern Corp	11,331	$2,376	1.7%	$75.16	+196.5%	COM	655844108
VRSK	Verisk Analytics	13,490	$2,300	1.6%	$79.08	+131.2%	COM	92345Y106
EPD	Enterprise Prods Partners LP	90,828	$2,160	1.5%	$27.09	—	COM	293792107
HSY	Hershey Company	8,323	$1,835	1.3%	$109.08	+88.2%	COM	427866108
UNP	Union Pacific Corp	9,280	$1,808	1.3%	$116.42	+75.4%	COM	907818108
O	Realty Income Corp	29,387	$1,710	1.2%	$39.33	+45.7%	COM	756109104
UPS	United Parcel Svc Inc Cl B	8,906	$1,439	1.0%	$87.24	+84.0%	COM	911312106
AAPL	Apple Inc	9,013	$1,246	0.9%	$114.46	+34.8%	COM	037833100
QSR	Restaurant Brands Internationa	21,025	$1,118	0.8%	$65.01	-13.1%	COM	76131D103
AMT	American Tower Systems Corp Cl	5,162	$1,108	0.8%	$215.88	+6.0%	COM	03027X100
ORLY	O'Reilly Automotive Inc	1,397	$983	0.7%	$36.20	+28.8%	COM	67103H107
ADI	Analog Devices Inc	6,928	$965	0.7%	$158.25	-5.9%	COM	032654105
KHC	Kraft Heinz Co	28,207	$941	0.7%	$49.76	-36.8%	COM	500754106
GOOG	Alphabet Inc Class C	8,758	$842	0.6%	$110.12	+0.6%	COM	02079K107
—	Magellan Midstream Partners LP	15,851	$753	0.5%	$59.80	—	COM	559080106
EXPD	Expeditors International	8,085	$714	0.5%	$66.54	+44.3%	COM	302130109
WFC	Wells Fargo & Co	16,434	$661	0.5%	$36.86	+6.8%	COM	949746101
YUM	Yum Brands Inc	4,940	$525	0.4%	$86.42	+25.9%	COM	988498101
VZ	Verizon Communications Inc	13,296	$505	0.4%	$42.46	-15.8%	COM	92343V104
—	Activision Blizzard Inc	6,570	$488	0.3%	$74.28	—	COM	00507V109
SHW	Sherwin-Williams Co.	1,928	$395	0.3%	$244.43	-6.0%	COM	824348106
WEC	WEC Energy Group Inc	3,807	$340	0.2%	$46.15	+96.6%	COM	92939U106
MCO	Moody's Corp	1,005	$244	0.2%	$179.45	+57.3%	COM	615369105
MDLZ	Mondelez International Inc	4,165	$228	0.2%	$35.22	+60.7%	COM	609207105
UNH	UnitedHealth Group Inc	432	$218	0.2%	$427.59	+15.8%	COM	91324P102
NVS	Novartis International AG ADR	2,766	$210	0.1%	$83.58	—	ADR	66987V109