HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Feb 14, 2023

Total Value ($000): $161,449 (100.0% shares, 0.0% debt)

Holdings (44)

BRK/A Berkshire Hathaway Inc Cl A 15.7%

Value ($000) $25,310 Shares 54 Est. Cost $219349.66 Unrealized +104.6%

BRK/B Berkshire Hathaway Inc Cl B 6.2%

Value ($000) $10,059 Shares 32,564 Est. Cost $158.17 Unrealized +87.8%

KO Coca-Cola Company 5.5%

Value ($000) $8,836 Shares 138,906 Est. Cost $33.01 Unrealized +66.4%

PEP PepsiCo Inc 5.4%

Value ($000) $8,725 Shares 48,296 Est. Cost $81.79 Unrealized +96.7%

PG Procter & Gamble Co 5.1%

Value ($000) $8,237 Shares 54,349 Est. Cost $68.40 Unrealized +89.8%

MCD McDonald's Corp 5.1%

Value ($000) $8,190 Shares 31,077 Est. Cost $95.06 Unrealized +158.0%

JNJ Johnson & Johnson 5.0%

Value ($000) $8,007 Shares 45,328 Est. Cost $95.30 Unrealized +64.8%

COST Costco Whsl Corp 4.7%

Value ($000) $7,629 Shares 16,711 Est. Cost $136.95 Unrealized +242.3%

PM Philip Morris International In 4.7%

Value ($000) $7,597 Shares 75,062 Est. Cost $61.62 Unrealized +31.9%

ABBV AbbVie Inc 4.0%

Value ($000) $6,494 Shares 40,182 Est. Cost $66.18 Unrealized +107.3%

ABT Abbott Labs 3.0%

Value ($000) $4,919 Shares 44,807 Est. Cost $42.35 Unrealized +130.5%

MO Altria Group Inc 3.0%

Value ($000) $4,875 Shares 106,646 Est. Cost $34.42 Unrealized +1.8%

DEO Diageo PLC Sponsored ADR 2.7%

Value ($000) $4,415 Shares 24,777 Est. Cost $117.03 Unrealized —

ENB Enbridge Inc 2.7%

Value ($000) $4,363 Shares 111,701 Est. Cost $23.71 Unrealized +34.3%

GPC Genuine Parts Co 2.5%

Value ($000) $4,050 Shares 23,340 Est. Cost $76.94 Unrealized +106.8%

FNV Franco-Nevada Corp 2.4%

Value ($000) $3,862 Shares 28,297 Est. Cost $105.65 Unrealized +21.4%

AXP American Express Company 2.1%

Value ($000) $3,454 Shares 23,375 Est. Cost $56.58 Unrealized +151.6%

WMT Walmart Inc 2.1%

Value ($000) $3,377 Shares 23,817 Est. Cost $21.64 Unrealized +111.0%

NSC Norfolk Southern Corp 1.7%

Value ($000) $2,758 Shares 11,191 Est. Cost $75.16 Unrealized +193.3%

VRSK Verisk Analytics 1.5%

Value ($000) $2,364 Shares 13,400 Est. Cost $79.08 Unrealized +117.7%

EPD Enterprise Prods Partners LP 1.4%

Value ($000) $2,191 Shares 90,828 Est. Cost $27.09 Unrealized —

O Realty Income Corp 1.3%

Value ($000) $2,038 Shares 32,123 Est. Cost $40.43 Unrealized +29.2%

UNP Union Pacific Corp 1.2%

Value ($000) $1,969 Shares 9,510 Est. Cost $118.21 Unrealized +60.9%

HSY Hershey Company 1.2%

Value ($000) $1,926 Shares 8,316 Est. Cost $109.08 Unrealized +94.5%

AAPL Apple Inc 1.1%

Value ($000) $1,796 Shares 13,825 Est. Cost $123.59 Unrealized +13.8%

UPS United Parcel Svc Inc Cl B 1.0%

Value ($000) $1,564 Shares 8,998 Est. Cost $87.87 Unrealized +68.5%

QSR Restaurant Brands Internationa 0.9%

Value ($000) $1,408 Shares 21,769 Est. Cost $64.89 Unrealized -5.3%

ADI Analog Devices Inc 0.9%

Value ($000) $1,403 Shares 8,554 Est. Cost $156.26 Unrealized -5.4%

ORLY O'Reilly Automotive Inc 0.7%

Value ($000) $1,179 Shares 1,397 Est. Cost $36.20 Unrealized +48.5%

AMT American Tower Systems Corp Cl 0.7%

Value ($000) $1,166 Shares 5,502 Est. Cost $214.08 Unrealized -12.8%

KHC Kraft Heinz Co 0.7%

Value ($000) $1,119 Shares 27,489 Est. Cost $49.76 Unrealized -34.7%

— Magellan Midstream Partners LP 0.5%

Value ($000) $851 Shares 16,951 Est. Cost $59.18 Unrealized —

EXPD Expeditors International 0.5%

Value ($000) $822 Shares 7,911 Est. Cost $66.54 Unrealized +48.9%

WFC Wells Fargo & Co 0.4%

Value ($000) $679 Shares 16,435 Est. Cost $36.86 Unrealized +10.8%

YUM Yum Brands Inc 0.4%

Value ($000) $633 Shares 4,940 Est. Cost $86.42 Unrealized +32.0%

— Activision Blizzard Inc 0.3%

Value ($000) $549 Shares 7,170 Est. Cost $74.47 Unrealized —

GOOG Alphabet Inc Class C 0.3%

Value ($000) $534 Shares 6,013 Est. Cost $110.12 Unrealized -14.0%

SHW Sherwin-Williams Co. 0.3%

Value ($000) $458 Shares 1,928 Est. Cost $244.43 Unrealized -8.0%

WEC WEC Energy Group Inc 0.2%

Value ($000) $357 Shares 3,807 Est. Cost $46.15 Unrealized +79.2%

VZ Verizon Communications Inc 0.2%

Value ($000) $288 Shares 7,318 Est. Cost $42.46 Unrealized -27.6%

MDLZ Mondelez International Inc 0.2%

Value ($000) $278 Shares 4,165 Est. Cost $35.22 Unrealized +64.7%

MCO Moody's Corp 0.2%

Value ($000) $276 Shares 990 Est. Cost $179.45 Unrealized +48.5%

UNH UnitedHealth Group Inc 0.1%

Value ($000) $229 Shares 432 Est. Cost $427.59 Unrealized +17.0%

NVS Novartis International AG ADR 0.1%

Value ($000) $218 Shares 2,398 Est. Cost $83.58 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	54	$25,310	15.7%	$219349.66	+104.6%	COM	084670108
BRK/B	Berkshire Hathaway Inc Cl B	32,564	$10,059	6.2%	$158.17	+87.8%	COM	084670702
KO	Coca-Cola Company	138,906	$8,836	5.5%	$33.01	+66.4%	COM	191216100
PEP	PepsiCo Inc	48,296	$8,725	5.4%	$81.79	+96.7%	COM	713448108
PG	Procter & Gamble Co	54,349	$8,237	5.1%	$68.40	+89.8%	COM	742718109
MCD	McDonald's Corp	31,077	$8,190	5.1%	$95.06	+158.0%	COM	580135101
JNJ	Johnson & Johnson	45,328	$8,007	5.0%	$95.30	+64.8%	COM	478160104
COST	Costco Whsl Corp	16,711	$7,629	4.7%	$136.95	+242.3%	COM	22160K105
PM	Philip Morris International In	75,062	$7,597	4.7%	$61.62	+31.9%	COM	718172109
ABBV	AbbVie Inc	40,182	$6,494	4.0%	$66.18	+107.3%	COM	00287Y109
ABT	Abbott Labs	44,807	$4,919	3.0%	$42.35	+130.5%	COM	002824100
MO	Altria Group Inc	106,646	$4,875	3.0%	$34.42	+1.8%	COM	02209S103
DEO	Diageo PLC Sponsored ADR	24,777	$4,415	2.7%	$117.03	—	ADR	25243Q205
ENB	Enbridge Inc	111,701	$4,363	2.7%	$23.71	+34.3%	COM	29250N105
GPC	Genuine Parts Co	23,340	$4,050	2.5%	$76.94	+106.8%	COM	372460105
FNV	Franco-Nevada Corp	28,297	$3,862	2.4%	$105.65	+21.4%	COM	351858105
AXP	American Express Company	23,375	$3,454	2.1%	$56.58	+151.6%	COM	025816109
WMT	Walmart Inc	23,817	$3,377	2.1%	$21.64	+111.0%	COM	931142103
NSC	Norfolk Southern Corp	11,191	$2,758	1.7%	$75.16	+193.3%	COM	655844108
VRSK	Verisk Analytics	13,400	$2,364	1.5%	$79.08	+117.7%	COM	92345Y106
EPD	Enterprise Prods Partners LP	90,828	$2,191	1.4%	$27.09	—	COM	293792107
O	Realty Income Corp	32,123	$2,038	1.3%	$40.43	+29.2%	COM	756109104
UNP	Union Pacific Corp	9,510	$1,969	1.2%	$118.21	+60.9%	COM	907818108
HSY	Hershey Company	8,316	$1,926	1.2%	$109.08	+94.5%	COM	427866108
AAPL	Apple Inc	13,825	$1,796	1.1%	$123.59	+13.8%	COM	037833100
UPS	United Parcel Svc Inc Cl B	8,998	$1,564	1.0%	$87.87	+68.5%	COM	911312106
QSR	Restaurant Brands Internationa	21,769	$1,408	0.9%	$64.89	-5.3%	COM	76131D103
ADI	Analog Devices Inc	8,554	$1,403	0.9%	$156.26	-5.4%	COM	032654105
ORLY	O'Reilly Automotive Inc	1,397	$1,179	0.7%	$36.20	+48.5%	COM	67103H107
AMT	American Tower Systems Corp Cl	5,502	$1,166	0.7%	$214.08	-12.8%	COM	03027X100
KHC	Kraft Heinz Co	27,489	$1,119	0.7%	$49.76	-34.7%	COM	500754106
—	Magellan Midstream Partners LP	16,951	$851	0.5%	$59.18	—	COM	559080106
EXPD	Expeditors International	7,911	$822	0.5%	$66.54	+48.9%	COM	302130109
WFC	Wells Fargo & Co	16,435	$679	0.4%	$36.86	+10.8%	COM	949746101
YUM	Yum Brands Inc	4,940	$633	0.4%	$86.42	+32.0%	COM	988498101
—	Activision Blizzard Inc	7,170	$549	0.3%	$74.47	—	COM	00507V109
GOOG	Alphabet Inc Class C	6,013	$534	0.3%	$110.12	-14.0%	COM	02079K107
SHW	Sherwin-Williams Co.	1,928	$458	0.3%	$244.43	-8.0%	COM	824348106
WEC	WEC Energy Group Inc	3,807	$357	0.2%	$46.15	+79.2%	COM	92939U106
VZ	Verizon Communications Inc	7,318	$288	0.2%	$42.46	-27.6%	COM	92343V104
MDLZ	Mondelez International Inc	4,165	$278	0.2%	$35.22	+64.7%	COM	609207105
MCO	Moody's Corp	990	$276	0.2%	$179.45	+48.5%	COM	615369105
UNH	UnitedHealth Group Inc	432	$229	0.1%	$427.59	+17.0%	COM	91324P102
NVS	Novartis International AG ADR	2,398	$218	0.1%	$83.58	—	ADR	66987V109