HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value ($000): $171,066 (100.0% shares, 0.0% debt)

Holdings (44)

BRK/A Berkshire Hathaway Inc Cl A 15.7%

Value ($000) $26,926 Shares 52 Est. Cost $219349.66 Unrealized +126.9%

BRK/B Berkshire Hathaway Inc Cl B 7.0%

Value ($000) $11,939 Shares 35,012 Est. Cost $170.15 Unrealized +91.8%

MCD McDonald's Corp 5.4%

Value ($000) $9,219 Shares 30,895 Est. Cost $95.06 Unrealized +187.3%

PEP PepsiCo Inc 5.2%

Value ($000) $8,925 Shares 48,188 Est. Cost $81.79 Unrealized +108.5%

COST Costco Whsl Corp 5.2%

Value ($000) $8,901 Shares 16,532 Est. Cost $136.95 Unrealized +255.7%

KO Coca-Cola Company 4.8%

Value ($000) $8,224 Shares 136,561 Est. Cost $33.01 Unrealized +73.7%

PG Procter & Gamble Co 4.7%

Value ($000) $8,108 Shares 53,435 Est. Cost $68.40 Unrealized +106.6%

JNJ Johnson & Johnson 4.4%

Value ($000) $7,513 Shares 45,393 Est. Cost $95.30 Unrealized +56.2%

PM Philip Morris International In 4.2%

Value ($000) $7,158 Shares 73,323 Est. Cost $61.62 Unrealized +37.1%

ABBV AbbVie Inc 3.2%

Value ($000) $5,427 Shares 40,284 Est. Cost $66.18 Unrealized +102.0%

FNV Franco-Nevada Corp 2.8%

Value ($000) $4,778 Shares 33,509 Est. Cost $111.22 Unrealized +31.6%

ABT Abbott Labs 2.8%

Value ($000) $4,777 Shares 43,816 Est. Cost $42.35 Unrealized +139.6%

MO Altria Group Inc 2.8%

Value ($000) $4,709 Shares 103,945 Est. Cost $34.42 Unrealized +6.2%

DEO Diageo PLC Sponsored ADR 2.6%

Value ($000) $4,415 Shares 25,450 Est. Cost $118.45 Unrealized —

ENB Enbridge Inc 2.4%

Value ($000) $4,153 Shares 111,799 Est. Cost $23.71 Unrealized +35.2%

AXP American Express Company 2.4%

Value ($000) $4,070 Shares 23,366 Est. Cost $56.58 Unrealized +176.0%

GPC Genuine Parts Co 2.4%

Value ($000) $4,030 Shares 23,816 Est. Cost $78.66 Unrealized +92.4%

WMT Walmart Inc 2.1%

Value ($000) $3,629 Shares 23,087 Est. Cost $21.64 Unrealized +126.2%

AAPL Apple Inc 1.9%

Value ($000) $3,264 Shares 16,829 Est. Cost $127.50 Unrealized +34.9%

VRSK Verisk Analytics 1.8%

Value ($000) $3,029 Shares 13,400 Est. Cost $79.08 Unrealized +161.2%

UNP Union Pacific Corp 1.6%

Value ($000) $2,802 Shares 13,696 Est. Cost $139.48 Unrealized +34.1%

ADI Analog Devices Inc 1.5%

Value ($000) $2,489 Shares 12,779 Est. Cost $161.68 Unrealized +9.4%

EPD Enterprise Prods Partners LP 1.4%

Value ($000) $2,401 Shares 91,127 Est. Cost $27.09 Unrealized —

QSR Restaurant Brands Internationa 1.3%

Value ($000) $2,223 Shares 28,682 Est. Cost $65.80 Unrealized +9.7%

HSY Hershey Company 1.2%

Value ($000) $2,077 Shares 8,317 Est. Cost $109.08 Unrealized +123.1%

O Realty Income Corp 1.2%

Value ($000) $2,007 Shares 33,569 Est. Cost $41.06 Unrealized +28.0%

NSC Norfolk Southern Corp 1.0%

Value ($000) $1,723 Shares 7,600 Est. Cost $75.16 Unrealized +166.5%

UPS United Parcel Svc Inc Cl B 0.9%

Value ($000) $1,611 Shares 8,986 Est. Cost $87.87 Unrealized +75.9%

ORLY O'Reilly Automotive Inc 0.9%

Value ($000) $1,543 Shares 1,616 Est. Cost $38.98 Unrealized +56.7%

— Magellan Midstream Partners LP 0.6%

Value ($000) $1,085 Shares 17,411 Est. Cost $59.26 Unrealized —

AMT American Tower Systems Corp Cl 0.6%

Value ($000) $1,064 Shares 5,487 Est. Cost $214.08 Unrealized -16.8%

KHC Kraft Heinz Co 0.6%

Value ($000) $966 Shares 27,221 Est. Cost $49.76 Unrealized -32.5%

EXPD Expeditors International 0.6%

Value ($000) $958 Shares 7,911 Est. Cost $66.54 Unrealized +65.2%

GOOG Alphabet Inc Class C 0.5%

Value ($000) $933 Shares 7,709 Est. Cost $111.17 Unrealized +3.3%

WFC Wells Fargo & Co 0.4%

Value ($000) $699 Shares 16,385 Est. Cost $36.86 Unrealized +2.1%

YUM Yum Brands Inc 0.4%

Value ($000) $689 Shares 4,975 Est. Cost $86.77 Unrealized +48.5%

SHW Sherwin-Williams Co. 0.3%

Value ($000) $548 Shares 2,062 Est. Cost $243.16 Unrealized -5.4%

— Activision Blizzard Inc 0.2%

Value ($000) $360 Shares 4,270 Est. Cost $74.47 Unrealized —

WEC WEC Energy Group Inc 0.2%

Value ($000) $357 Shares 4,051 Est. Cost $48.44 Unrealized +73.6%

MCO Moody's Corp 0.2%

Value ($000) $342 Shares 984 Est. Cost $179.45 Unrealized +72.9%

MDLZ Mondelez International Inc 0.2%

Value ($000) $304 Shares 4,165 Est. Cost $35.22 Unrealized +94.6%

VZ Verizon Communications Inc 0.1%

Value ($000) $248 Shares 6,682 Est. Cost $42.46 Unrealized -26.5%

NVS Novartis International AG ADR 0.1%

Value ($000) $230 Shares 2,280 Est. Cost $83.58 Unrealized —

UNH UnitedHealth Group Inc 0.1%

Value ($000) $208 Shares 432 Est. Cost $427.59 Unrealized +8.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	52	$26,926	15.7%	$219349.66	+126.9%	COM	084670108
BRK/B	Berkshire Hathaway Inc Cl B	35,012	$11,939	7.0%	$170.15	+91.8%	COM	084670702
MCD	McDonald's Corp	30,895	$9,219	5.4%	$95.06	+187.3%	COM	580135101
PEP	PepsiCo Inc	48,188	$8,925	5.2%	$81.79	+108.5%	COM	713448108
COST	Costco Whsl Corp	16,532	$8,901	5.2%	$136.95	+255.7%	COM	22160K105
KO	Coca-Cola Company	136,561	$8,224	4.8%	$33.01	+73.7%	COM	191216100
PG	Procter & Gamble Co	53,435	$8,108	4.7%	$68.40	+106.6%	COM	742718109
JNJ	Johnson & Johnson	45,393	$7,513	4.4%	$95.30	+56.2%	COM	478160104
PM	Philip Morris International In	73,323	$7,158	4.2%	$61.62	+37.1%	COM	718172109
ABBV	AbbVie Inc	40,284	$5,427	3.2%	$66.18	+102.0%	COM	00287Y109
FNV	Franco-Nevada Corp	33,509	$4,778	2.8%	$111.22	+31.6%	COM	351858105
ABT	Abbott Labs	43,816	$4,777	2.8%	$42.35	+139.6%	COM	002824100
MO	Altria Group Inc	103,945	$4,709	2.8%	$34.42	+6.2%	COM	02209S103
DEO	Diageo PLC Sponsored ADR	25,450	$4,415	2.6%	$118.45	—	ADR	25243Q205
ENB	Enbridge Inc	111,799	$4,153	2.4%	$23.71	+35.2%	COM	29250N105
AXP	American Express Company	23,366	$4,070	2.4%	$56.58	+176.0%	COM	025816109
GPC	Genuine Parts Co	23,816	$4,030	2.4%	$78.66	+92.4%	COM	372460105
WMT	Walmart Inc	23,087	$3,629	2.1%	$21.64	+126.2%	COM	931142103
AAPL	Apple Inc	16,829	$3,264	1.9%	$127.50	+34.9%	COM	037833100
VRSK	Verisk Analytics	13,400	$3,029	1.8%	$79.08	+161.2%	COM	92345Y106
UNP	Union Pacific Corp	13,696	$2,802	1.6%	$139.48	+34.1%	COM	907818108
ADI	Analog Devices Inc	12,779	$2,489	1.5%	$161.68	+9.4%	COM	032654105
EPD	Enterprise Prods Partners LP	91,127	$2,401	1.4%	$27.09	—	COM	293792107
QSR	Restaurant Brands Internationa	28,682	$2,223	1.3%	$65.80	+9.7%	COM	76131D103
HSY	Hershey Company	8,317	$2,077	1.2%	$109.08	+123.1%	COM	427866108
O	Realty Income Corp	33,569	$2,007	1.2%	$41.06	+28.0%	COM	756109104
NSC	Norfolk Southern Corp	7,600	$1,723	1.0%	$75.16	+166.5%	COM	655844108
UPS	United Parcel Svc Inc Cl B	8,986	$1,611	0.9%	$87.87	+75.9%	COM	911312106
ORLY	O'Reilly Automotive Inc	1,616	$1,543	0.9%	$38.98	+56.7%	COM	67103H107
—	Magellan Midstream Partners LP	17,411	$1,085	0.6%	$59.26	—	COM	559080106
AMT	American Tower Systems Corp Cl	5,487	$1,064	0.6%	$214.08	-16.8%	COM	03027X100
KHC	Kraft Heinz Co	27,221	$966	0.6%	$49.76	-32.5%	COM	500754106
EXPD	Expeditors International	7,911	$958	0.6%	$66.54	+65.2%	COM	302130109
GOOG	Alphabet Inc Class C	7,709	$933	0.5%	$111.17	+3.3%	COM	02079K107
WFC	Wells Fargo & Co	16,385	$699	0.4%	$36.86	+2.1%	COM	949746101
YUM	Yum Brands Inc	4,975	$689	0.4%	$86.77	+48.5%	COM	988498101
SHW	Sherwin-Williams Co.	2,062	$548	0.3%	$243.16	-5.4%	COM	824348106
—	Activision Blizzard Inc	4,270	$360	0.2%	$74.47	—	COM	00507V109
WEC	WEC Energy Group Inc	4,051	$357	0.2%	$48.44	+73.6%	COM	92939U106
MCO	Moody's Corp	984	$342	0.2%	$179.45	+72.9%	COM	615369105
MDLZ	Mondelez International Inc	4,165	$304	0.2%	$35.22	+94.6%	COM	609207105
VZ	Verizon Communications Inc	6,682	$248	0.1%	$42.46	-26.5%	COM	92343V104
NVS	Novartis International AG ADR	2,280	$230	0.1%	$83.58	—	ADR	66987V109
UNH	UnitedHealth Group Inc	432	$208	0.1%	$427.59	+8.7%	COM	91324P102