HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value ($000): $164,305 (100.0% shares, 0.0% debt)

Holdings (44)

BRK/A Berkshire Hathaway Inc Cl A 15.3%

Value ($000) $25,142 Shares 54 Est. Cost $219349.66 Unrealized +112.8%

BRK/B Berkshire Hathaway Inc Cl B 6.1%

Value ($000) $10,041 Shares 32,518 Est. Cost $158.17 Unrealized +94.8%

PEP PepsiCo Inc 5.4%

Value ($000) $8,857 Shares 48,587 Est. Cost $81.79 Unrealized +94.0%

MCD McDonald's Corp 5.3%

Value ($000) $8,697 Shares 31,103 Est. Cost $95.06 Unrealized +163.5%

KO Coca-Cola Company 5.2%

Value ($000) $8,601 Shares 138,664 Est. Cost $33.01 Unrealized +67.8%

COST Costco Whsl Corp 5.1%

Value ($000) $8,303 Shares 16,711 Est. Cost $136.95 Unrealized +244.1%

PG Procter & Gamble Co 4.9%

Value ($000) $8,100 Shares 54,475 Est. Cost $68.40 Unrealized +94.7%

PM Philip Morris International In 4.4%

Value ($000) $7,270 Shares 74,757 Est. Cost $61.62 Unrealized +41.1%

JNJ Johnson & Johnson 4.3%

Value ($000) $7,054 Shares 45,511 Est. Cost $95.30 Unrealized +55.2%

ABBV AbbVie Inc 3.9%

Value ($000) $6,417 Shares 40,267 Est. Cost $66.18 Unrealized +108.7%

MO Altria Group Inc 2.9%

Value ($000) $4,737 Shares 106,160 Est. Cost $34.42 Unrealized +5.4%

DEO Diageo PLC Sponsored ADR 2.8%

Value ($000) $4,591 Shares 25,341 Est. Cost $118.45 Unrealized —

ABT Abbott Labs 2.8%

Value ($000) $4,536 Shares 44,797 Est. Cost $42.35 Unrealized +136.1%

FNV Franco-Nevada Corp 2.7%

Value ($000) $4,477 Shares 30,708 Est. Cost $108.01 Unrealized +25.7%

ENB Enbridge Inc 2.6%

Value ($000) $4,265 Shares 111,797 Est. Cost $23.71 Unrealized +36.8%

GPC Genuine Parts Co 2.4%

Value ($000) $3,993 Shares 23,865 Est. Cost $78.66 Unrealized +97.0%

AXP American Express Company 2.3%

Value ($000) $3,856 Shares 23,375 Est. Cost $56.58 Unrealized +182.8%

WMT Walmart Inc 2.1%

Value ($000) $3,512 Shares 23,821 Est. Cost $21.64 Unrealized +111.6%

AAPL Apple Inc 1.7%

Value ($000) $2,775 Shares 16,829 Est. Cost $127.50 Unrealized +14.1%

UNP Union Pacific Corp 1.7%

Value ($000) $2,730 Shares 13,564 Est. Cost $139.48 Unrealized +35.8%

VRSK Verisk Analytics 1.6%

Value ($000) $2,571 Shares 13,400 Est. Cost $79.08 Unrealized +124.8%

EPD Enterprise Prods Partners LP 1.4%

Value ($000) $2,360 Shares 91,127 Est. Cost $27.09 Unrealized —

ADI Analog Devices Inc 1.4%

Value ($000) $2,240 Shares 11,358 Est. Cost $159.78 Unrealized +6.7%

O Realty Income Corp 1.3%

Value ($000) $2,126 Shares 33,569 Est. Cost $41.06 Unrealized +34.3%

HSY Hershey Company 1.3%

Value ($000) $2,116 Shares 8,316 Est. Cost $109.08 Unrealized +99.1%

UPS United Parcel Svc Inc Cl B 1.1%

Value ($000) $1,743 Shares 8,985 Est. Cost $87.87 Unrealized +80.0%

QSR Restaurant Brands Internationa 1.0%

Value ($000) $1,694 Shares 25,231 Est. Cost $64.93 Unrealized +0.4%

NSC Norfolk Southern Corp 1.0%

Value ($000) $1,611 Shares 7,600 Est. Cost $75.16 Unrealized +188.4%

ORLY O'Reilly Automotive Inc 0.8%

Value ($000) $1,315 Shares 1,549 Est. Cost $38.02 Unrealized +44.1%

AMT American Tower Systems Corp Cl 0.7%

Value ($000) $1,121 Shares 5,487 Est. Cost $214.08 Unrealized -11.4%

KHC Kraft Heinz Co 0.6%

Value ($000) $1,061 Shares 27,435 Est. Cost $49.76 Unrealized -31.3%

— Magellan Midstream Partners LP 0.6%

Value ($000) $920 Shares 16,951 Est. Cost $59.18 Unrealized —

EXPD Expeditors International 0.5%

Value ($000) $871 Shares 7,911 Est. Cost $66.54 Unrealized +57.4%

YUM Yum Brands Inc 0.4%

Value ($000) $659 Shares 4,990 Est. Cost $86.77 Unrealized +40.3%

GOOG Alphabet Inc Class C 0.4%

Value ($000) $625 Shares 6,013 Est. Cost $110.12 Unrealized -13.0%

— Activision Blizzard Inc 0.4%

Value ($000) $614 Shares 7,170 Est. Cost $74.47 Unrealized —

WFC Wells Fargo & Co 0.4%

Value ($000) $612 Shares 16,385 Est. Cost $36.86 Unrealized +9.8%

SHW Sherwin-Williams Co. 0.3%

Value ($000) $455 Shares 2,025 Est. Cost $243.40 Unrealized -8.4%

WEC WEC Energy Group Inc 0.2%

Value ($000) $361 Shares 3,807 Est. Cost $46.15 Unrealized +81.0%

MCO Moody's Corp 0.2%

Value ($000) $303 Shares 990 Est. Cost $179.45 Unrealized +64.4%

MDLZ Mondelez International Inc 0.2%

Value ($000) $290 Shares 4,165 Est. Cost $35.22 Unrealized +73.5%

VZ Verizon Communications Inc 0.2%

Value ($000) $266 Shares 6,845 Est. Cost $42.46 Unrealized -23.0%

NVS Novartis International AG ADR 0.1%

Value ($000) $210 Shares 2,280 Est. Cost $83.58 Unrealized —

UNH UnitedHealth Group Inc 0.1%

Value ($000) $204 Shares 432 Est. Cost $427.59 Unrealized +6.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	54	$25,142	15.3%	$219349.66	+112.8%	COM	084670108
BRK/B	Berkshire Hathaway Inc Cl B	32,518	$10,041	6.1%	$158.17	+94.8%	COM	084670702
PEP	PepsiCo Inc	48,587	$8,857	5.4%	$81.79	+94.0%	COM	713448108
MCD	McDonald's Corp	31,103	$8,697	5.3%	$95.06	+163.5%	COM	580135101
KO	Coca-Cola Company	138,664	$8,601	5.2%	$33.01	+67.8%	COM	191216100
COST	Costco Whsl Corp	16,711	$8,303	5.1%	$136.95	+244.1%	COM	22160K105
PG	Procter & Gamble Co	54,475	$8,100	4.9%	$68.40	+94.7%	COM	742718109
PM	Philip Morris International In	74,757	$7,270	4.4%	$61.62	+41.1%	COM	718172109
JNJ	Johnson & Johnson	45,511	$7,054	4.3%	$95.30	+55.2%	COM	478160104
ABBV	AbbVie Inc	40,267	$6,417	3.9%	$66.18	+108.7%	COM	00287Y109
MO	Altria Group Inc	106,160	$4,737	2.9%	$34.42	+5.4%	COM	02209S103
DEO	Diageo PLC Sponsored ADR	25,341	$4,591	2.8%	$118.45	—	ADR	25243Q205
ABT	Abbott Labs	44,797	$4,536	2.8%	$42.35	+136.1%	COM	002824100
FNV	Franco-Nevada Corp	30,708	$4,477	2.7%	$108.01	+25.7%	COM	351858105
ENB	Enbridge Inc	111,797	$4,265	2.6%	$23.71	+36.8%	COM	29250N105
GPC	Genuine Parts Co	23,865	$3,993	2.4%	$78.66	+97.0%	COM	372460105
AXP	American Express Company	23,375	$3,856	2.3%	$56.58	+182.8%	COM	025816109
WMT	Walmart Inc	23,821	$3,512	2.1%	$21.64	+111.6%	COM	931142103
AAPL	Apple Inc	16,829	$2,775	1.7%	$127.50	+14.1%	COM	037833100
UNP	Union Pacific Corp	13,564	$2,730	1.7%	$139.48	+35.8%	COM	907818108
VRSK	Verisk Analytics	13,400	$2,571	1.6%	$79.08	+124.8%	COM	92345Y106
EPD	Enterprise Prods Partners LP	91,127	$2,360	1.4%	$27.09	—	COM	293792107
ADI	Analog Devices Inc	11,358	$2,240	1.4%	$159.78	+6.7%	COM	032654105
O	Realty Income Corp	33,569	$2,126	1.3%	$41.06	+34.3%	COM	756109104
HSY	Hershey Company	8,316	$2,116	1.3%	$109.08	+99.1%	COM	427866108
UPS	United Parcel Svc Inc Cl B	8,985	$1,743	1.1%	$87.87	+80.0%	COM	911312106
QSR	Restaurant Brands Internationa	25,231	$1,694	1.0%	$64.93	+0.4%	COM	76131D103
NSC	Norfolk Southern Corp	7,600	$1,611	1.0%	$75.16	+188.4%	COM	655844108
ORLY	O'Reilly Automotive Inc	1,549	$1,315	0.8%	$38.02	+44.1%	COM	67103H107
AMT	American Tower Systems Corp Cl	5,487	$1,121	0.7%	$214.08	-11.4%	COM	03027X100
KHC	Kraft Heinz Co	27,435	$1,061	0.6%	$49.76	-31.3%	COM	500754106
—	Magellan Midstream Partners LP	16,951	$920	0.6%	$59.18	—	COM	559080106
EXPD	Expeditors International	7,911	$871	0.5%	$66.54	+57.4%	COM	302130109
YUM	Yum Brands Inc	4,990	$659	0.4%	$86.77	+40.3%	COM	988498101
GOOG	Alphabet Inc Class C	6,013	$625	0.4%	$110.12	-13.0%	COM	02079K107
—	Activision Blizzard Inc	7,170	$614	0.4%	$74.47	—	COM	00507V109
WFC	Wells Fargo & Co	16,385	$612	0.4%	$36.86	+9.8%	COM	949746101
SHW	Sherwin-Williams Co.	2,025	$455	0.3%	$243.40	-8.4%	COM	824348106
WEC	WEC Energy Group Inc	3,807	$361	0.2%	$46.15	+81.0%	COM	92939U106
MCO	Moody's Corp	990	$303	0.2%	$179.45	+64.4%	COM	615369105
MDLZ	Mondelez International Inc	4,165	$290	0.2%	$35.22	+73.5%	COM	609207105
VZ	Verizon Communications Inc	6,845	$266	0.2%	$42.46	-23.0%	COM	92343V104
NVS	Novartis International AG ADR	2,280	$210	0.1%	$83.58	—	ADR	66987V109
UNH	UnitedHealth Group Inc	432	$204	0.1%	$427.59	+6.9%	COM	91324P102