HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

Total Value ($000): $163,066 (100.0% shares, 0.0% debt)

Holdings (45)

BRK/A Berkshire Hathaway Inc Cl A 16.9%

Value ($000) $27,637 Shares 52 Est. Cost $219349.66 Unrealized +145.7%

BRK/B Berkshire Hathaway Inc Cl B 7.2%

Value ($000) $11,724 Shares 33,469 Est. Cost $170.15 Unrealized +108.5%

COST Costco Whsl Corp 5.7%

Value ($000) $9,261 Shares 16,392 Est. Cost $136.95 Unrealized +288.6%

PEP PepsiCo Inc 5.0%

Value ($000) $8,108 Shares 47,854 Est. Cost $81.79 Unrealized +104.4%

MCD McDonald's Corp 4.9%

Value ($000) $8,044 Shares 30,535 Est. Cost $95.06 Unrealized +183.5%

PG Procter & Gamble Co 4.7%

Value ($000) $7,598 Shares 52,094 Est. Cost $68.40 Unrealized +110.7%

KO Coca-Cola Company 4.6%

Value ($000) $7,525 Shares 134,421 Est. Cost $33.01 Unrealized +68.8%

JNJ Johnson & Johnson 4.3%

Value ($000) $6,986 Shares 44,855 Est. Cost $95.30 Unrealized +60.8%

PM Philip Morris International In 4.1%

Value ($000) $6,728 Shares 72,676 Est. Cost $61.62 Unrealized +39.9%

ABBV AbbVie Inc 3.6%

Value ($000) $5,946 Shares 39,890 Est. Cost $66.18 Unrealized +104.5%

FNV Franco-Nevada Corp 2.8%

Value ($000) $4,530 Shares 33,938 Est. Cost $111.56 Unrealized +23.9%

MO Altria Group Inc 2.6%

Value ($000) $4,295 Shares 102,145 Est. Cost $34.42 Unrealized +5.8%

ABT Abbott Labs 2.6%

Value ($000) $4,199 Shares 43,356 Est. Cost $42.35 Unrealized +137.2%

DEO Diageo PLC Sponsored ADR 2.3%

Value ($000) $3,744 Shares 25,098 Est. Cost $118.45 Unrealized —

ENB Enbridge Inc 2.3%

Value ($000) $3,711 Shares 111,796 Est. Cost $23.71 Unrealized +28.1%

WMT Walmart Inc 2.2%

Value ($000) $3,655 Shares 22,856 Est. Cost $21.64 Unrealized +139.4%

AXP American Express Company 2.1%

Value ($000) $3,433 Shares 23,011 Est. Cost $56.58 Unrealized +180.8%

GPC Genuine Parts Co 2.1%

Value ($000) $3,430 Shares 23,758 Est. Cost $78.66 Unrealized +83.7%

VRSK Verisk Analytics 1.9%

Value ($000) $3,166 Shares 13,400 Est. Cost $79.08 Unrealized +193.6%

AAPL Apple Inc 1.8%

Value ($000) $2,881 Shares 16,829 Est. Cost $127.50 Unrealized +42.2%

UNP Union Pacific Corp 1.7%

Value ($000) $2,750 Shares 13,505 Est. Cost $139.48 Unrealized +47.8%

EPD Enterprise Prods Partners LP 1.5%

Value ($000) $2,492 Shares 91,042 Est. Cost $27.09 Unrealized —

ADI Analog Devices Inc 1.4%

Value ($000) $2,246 Shares 12,829 Est. Cost $161.68 Unrealized +9.4%

QSR Restaurant Brands Internationa 1.2%

Value ($000) $1,917 Shares 28,774 Est. Cost $65.80 Unrealized +9.1%

HSY Hershey Company 1.0%

Value ($000) $1,700 Shares 8,496 Est. Cost $111.18 Unrealized +87.7%

O Realty Income Corp 1.0%

Value ($000) $1,675 Shares 33,545 Est. Cost $41.06 Unrealized +22.1%

GOOG Alphabet Inc Class C 0.9%

Value ($000) $1,512 Shares 11,471 Est. Cost $117.04 Unrealized +10.3%

ORLY O'Reilly Automotive Inc 0.9%

Value ($000) $1,507 Shares 1,658 Est. Cost $39.58 Unrealized +58.5%

NSC Norfolk Southern Corp 0.9%

Value ($000) $1,497 Shares 7,600 Est. Cost $75.16 Unrealized +172.8%

UPS United Parcel Svc Inc Cl B 0.9%

Value ($000) $1,387 Shares 8,899 Est. Cost $87.87 Unrealized +72.6%

EXPD Expeditors International 0.6%

Value ($000) $907 Shares 7,911 Est. Cost $66.54 Unrealized +73.4%

AMT American Tower Systems Corp Cl 0.5%

Value ($000) $870 Shares 5,288 Est. Cost $214.08 Unrealized -21.7%

KHC Kraft Heinz Co 0.5%

Value ($000) $827 Shares 24,580 Est. Cost $49.76 Unrealized -38.7%

CVX Chevron Corp 0.5%

Value ($000) $737 Shares 4,368 Est. Cost $145.76 Unrealized 0.0%

OKE Oneok, Inc 0.5%

Value ($000) $736 Shares 11,611 Est. Cost $57.97 Unrealized 0.0%

WFC Wells Fargo & Co 0.4%

Value ($000) $670 Shares 16,386 Est. Cost $36.86 Unrealized +10.4%

YUM Yum Brands Inc 0.4%

Value ($000) $634 Shares 5,077 Est. Cost $87.55 Unrealized +43.4%

SHW Sherwin-Williams Co. 0.3%

Value ($000) $526 Shares 2,062 Est. Cost $243.16 Unrealized +7.8%

WEC WEC Energy Group Inc 0.2%

Value ($000) $378 Shares 4,691 Est. Cost $52.71 Unrealized +51.3%

MCO Moody's Corp 0.2%

Value ($000) $311 Shares 984 Est. Cost $179.45 Unrealized +86.0%

MDLZ Mondelez International Inc 0.2%

Value ($000) $285 Shares 4,105 Est. Cost $35.22 Unrealized +90.8%

— Activision Blizzard Inc 0.1%

Value ($000) $239 Shares 2,550 Est. Cost $74.47 Unrealized —

NVS Novartis International AG ADR 0.1%

Value ($000) $226 Shares 2,220 Est. Cost $83.58 Unrealized —

UNH UnitedHealth Group Inc 0.1%

Value ($000) $218 Shares 432 Est. Cost $427.59 Unrealized +9.9%

VZ Verizon Communications Inc 0.1%

Value ($000) $217 Shares 6,682 Est. Cost $42.46 Unrealized -31.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	52	$27,637	16.9%	$219349.66	+145.7%	COM	084670108
BRK/B	Berkshire Hathaway Inc Cl B	33,469	$11,724	7.2%	$170.15	+108.5%	COM	084670702
COST	Costco Whsl Corp	16,392	$9,261	5.7%	$136.95	+288.6%	COM	22160K105
PEP	PepsiCo Inc	47,854	$8,108	5.0%	$81.79	+104.4%	COM	713448108
MCD	McDonald's Corp	30,535	$8,044	4.9%	$95.06	+183.5%	COM	580135101
PG	Procter & Gamble Co	52,094	$7,598	4.7%	$68.40	+110.7%	COM	742718109
KO	Coca-Cola Company	134,421	$7,525	4.6%	$33.01	+68.8%	COM	191216100
JNJ	Johnson & Johnson	44,855	$6,986	4.3%	$95.30	+60.8%	COM	478160104
PM	Philip Morris International In	72,676	$6,728	4.1%	$61.62	+39.9%	COM	718172109
ABBV	AbbVie Inc	39,890	$5,946	3.6%	$66.18	+104.5%	COM	00287Y109
FNV	Franco-Nevada Corp	33,938	$4,530	2.8%	$111.56	+23.9%	COM	351858105
MO	Altria Group Inc	102,145	$4,295	2.6%	$34.42	+5.8%	COM	02209S103
ABT	Abbott Labs	43,356	$4,199	2.6%	$42.35	+137.2%	COM	002824100
DEO	Diageo PLC Sponsored ADR	25,098	$3,744	2.3%	$118.45	—	ADR	25243Q205
ENB	Enbridge Inc	111,796	$3,711	2.3%	$23.71	+28.1%	COM	29250N105
WMT	Walmart Inc	22,856	$3,655	2.2%	$21.64	+139.4%	COM	931142103
AXP	American Express Company	23,011	$3,433	2.1%	$56.58	+180.8%	COM	025816109
GPC	Genuine Parts Co	23,758	$3,430	2.1%	$78.66	+83.7%	COM	372460105
VRSK	Verisk Analytics	13,400	$3,166	1.9%	$79.08	+193.6%	COM	92345Y106
AAPL	Apple Inc	16,829	$2,881	1.8%	$127.50	+42.2%	COM	037833100
UNP	Union Pacific Corp	13,505	$2,750	1.7%	$139.48	+47.8%	COM	907818108
EPD	Enterprise Prods Partners LP	91,042	$2,492	1.5%	$27.09	—	COM	293792107
ADI	Analog Devices Inc	12,829	$2,246	1.4%	$161.68	+9.4%	COM	032654105
QSR	Restaurant Brands Internationa	28,774	$1,917	1.2%	$65.80	+9.1%	COM	76131D103
HSY	Hershey Company	8,496	$1,700	1.0%	$111.18	+87.7%	COM	427866108
O	Realty Income Corp	33,545	$1,675	1.0%	$41.06	+22.1%	COM	756109104
GOOG	Alphabet Inc Class C	11,471	$1,512	0.9%	$117.04	+10.3%	COM	02079K107
ORLY	O'Reilly Automotive Inc	1,658	$1,507	0.9%	$39.58	+58.5%	COM	67103H107
NSC	Norfolk Southern Corp	7,600	$1,497	0.9%	$75.16	+172.8%	COM	655844108
UPS	United Parcel Svc Inc Cl B	8,899	$1,387	0.9%	$87.87	+72.6%	COM	911312106
EXPD	Expeditors International	7,911	$907	0.6%	$66.54	+73.4%	COM	302130109
AMT	American Tower Systems Corp Cl	5,288	$870	0.5%	$214.08	-21.7%	COM	03027X100
KHC	Kraft Heinz Co	24,580	$827	0.5%	$49.76	-38.7%	COM	500754106
CVX	Chevron Corp	4,368	$737	0.5%	$145.76	0.0%	COM	166764100
OKE	Oneok, Inc	11,611	$736	0.5%	$57.97	0.0%	COM	682680103
WFC	Wells Fargo & Co	16,386	$670	0.4%	$36.86	+10.4%	COM	949746101
YUM	Yum Brands Inc	5,077	$634	0.4%	$87.55	+43.4%	COM	988498101
SHW	Sherwin-Williams Co.	2,062	$526	0.3%	$243.16	+7.8%	COM	824348106
WEC	WEC Energy Group Inc	4,691	$378	0.2%	$52.71	+51.3%	COM	92939U106
MCO	Moody's Corp	984	$311	0.2%	$179.45	+86.0%	COM	615369105
MDLZ	Mondelez International Inc	4,105	$285	0.2%	$35.22	+90.8%	COM	609207105
—	Activision Blizzard Inc	2,550	$239	0.1%	$74.47	—	COM	00507V109
NVS	Novartis International AG ADR	2,220	$226	0.1%	$83.58	—	ADR	66987V109
UNH	UnitedHealth Group Inc	432	$218	0.1%	$427.59	+9.9%	COM	91324P102
VZ	Verizon Communications Inc	6,682	$217	0.1%	$42.46	-31.7%	COM	92343V104