HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

Location: Manchester, VT

CIK: 0000944733 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

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

Holdings (45)

BRK/A Berkshire Hathaway Inc Cl A 16.9%

Value $27.64M Shares 52 Est. Cost — Unrealized —

BRK/B Berkshire Hathaway Inc Cl B 7.2%

Value $11.72M Shares 33,469 Est. Cost — Unrealized —

COST Costco Whsl Corp 5.7%

Value $9.261M Shares 16,392 Est. Cost — Unrealized —

PEP PepsiCo Inc 5.0%

Value $8.108M Shares 47,854 Est. Cost — Unrealized —

MCD McDonald's Corp 4.9%

Value $8.044M Shares 30,535 Est. Cost — Unrealized —

PG Procter & Gamble Co 4.7%

Value $7.598M Shares 52,094 Est. Cost — Unrealized —

KO Coca-Cola Company 4.6%

Value $7.525M Shares 134,421 Est. Cost — Unrealized —

JNJ Johnson & Johnson 4.3%

Value $6.986M Shares 44,855 Est. Cost — Unrealized —

PM Philip Morris International In 4.1%

Value $6.728M Shares 72,676 Est. Cost — Unrealized —

ABBV AbbVie Inc 3.6%

Value $5.946M Shares 39,890 Est. Cost — Unrealized —

FNV Franco-Nevada Corp 2.8%

Value $4.53M Shares 33,938 Est. Cost — Unrealized —

MO Altria Group Inc 2.6%

Value $4.295M Shares 102,145 Est. Cost — Unrealized —

ABT Abbott Labs 2.6%

Value $4.199M Shares 43,356 Est. Cost — Unrealized —

DEO Diageo PLC Sponsored ADR 2.3%

Value $3.744M Shares 25,098 Est. Cost — Unrealized —

ENB Enbridge Inc 2.3%

Value $3.711M Shares 111,796 Est. Cost — Unrealized —

WMT Walmart Inc 2.2%

Value $3.655M Shares 22,856 Est. Cost — Unrealized —

AXP American Express Company 2.1%

Value $3.433M Shares 23,011 Est. Cost — Unrealized —

GPC Genuine Parts Co 2.1%

Value $3.43M Shares 23,758 Est. Cost — Unrealized —

VRSK Verisk Analytics 1.9%

Value $3.166M Shares 13,400 Est. Cost — Unrealized —

AAPL Apple Inc 1.8%

Value $2.881M Shares 16,829 Est. Cost — Unrealized —

UNP Union Pacific Corp 1.7%

Value $2.75M Shares 13,505 Est. Cost — Unrealized —

EPD Enterprise Prods Partners LP 1.5%

Value $2.492M Shares 91,042 Est. Cost — Unrealized —

ADI Analog Devices Inc 1.4%

Value $2.246M Shares 12,829 Est. Cost — Unrealized —

QSR Restaurant Brands Internationa 1.2%

Value $1.917M Shares 28,774 Est. Cost — Unrealized —

HSY Hershey Company 1.0%

Value $1.7M Shares 8,496 Est. Cost — Unrealized —

O Realty Income Corp 1.0%

Value $1.675M Shares 33,545 Est. Cost — Unrealized —

GOOG Alphabet Inc Class C 0.9%

Value $1.512M Shares 11,471 Est. Cost — Unrealized —

ORLY O'Reilly Automotive Inc 0.9%

Value $1.507M Shares 1,658 Est. Cost — Unrealized —

NSC Norfolk Southern Corp 0.9%

Value $1.497M Shares 7,600 Est. Cost — Unrealized —

UPS United Parcel Svc Inc Cl B 0.9%

Value $1.387M Shares 8,899 Est. Cost — Unrealized —

EXPD Expeditors International 0.6%

Value $907K Shares 7,911 Est. Cost — Unrealized —

AMT American Tower Systems Corp Cl 0.5%

Value $870K Shares 5,288 Est. Cost — Unrealized —

KHC Kraft Heinz Co 0.5%

Value $827K Shares 24,580 Est. Cost — Unrealized —

CVX Chevron Corp 0.5%

Value $737K Shares 4,368 Est. Cost — Unrealized —

OKE Oneok, Inc 0.5%

Value $736K Shares 11,611 Est. Cost — Unrealized —

WFC Wells Fargo & Co 0.4%

Value $670K Shares 16,386 Est. Cost — Unrealized —

YUM Yum Brands Inc 0.4%

Value $634K Shares 5,077 Est. Cost — Unrealized —

SHW Sherwin-Williams Co. 0.3%

Value $526K Shares 2,062 Est. Cost — Unrealized —

WEC WEC Energy Group Inc 0.2%

Value $378K Shares 4,691 Est. Cost — Unrealized —

MCO Moody's Corp 0.2%

Value $311K Shares 984 Est. Cost — Unrealized —

MDLZ Mondelez International Inc 0.2%

Value $285K Shares 4,105 Est. Cost — Unrealized —

— Activision Blizzard Inc 0.1%

Value $239K Shares 2,550 Est. Cost — Unrealized —

NVS Novartis International AG ADR 0.1%

Value $226K Shares 2,220 Est. Cost — Unrealized —

UNH UnitedHealth Group Inc 0.1%

Value $218K Shares 432 Est. Cost — Unrealized —

VZ Verizon Communications Inc 0.1%

Value $217K Shares 6,682 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	52	$27.64M	16.9%	—	—	COM	084670108
BRK/B	Berkshire Hathaway Inc Cl B	33,469	$11.72M	7.2%	—	—	COM	084670702
COST	Costco Whsl Corp	16,392	$9.261M	5.7%	—	—	COM	22160K105
PEP	PepsiCo Inc	47,854	$8.108M	5.0%	—	—	COM	713448108
MCD	McDonald's Corp	30,535	$8.044M	4.9%	—	—	COM	580135101
PG	Procter & Gamble Co	52,094	$7.598M	4.7%	—	—	COM	742718109
KO	Coca-Cola Company	134,421	$7.525M	4.6%	—	—	COM	191216100
JNJ	Johnson & Johnson	44,855	$6.986M	4.3%	—	—	COM	478160104
PM	Philip Morris International In	72,676	$6.728M	4.1%	—	—	COM	718172109
ABBV	AbbVie Inc	39,890	$5.946M	3.6%	—	—	COM	00287Y109
FNV	Franco-Nevada Corp	33,938	$4.53M	2.8%	—	—	COM	351858105
MO	Altria Group Inc	102,145	$4.295M	2.6%	—	—	COM	02209S103
ABT	Abbott Labs	43,356	$4.199M	2.6%	—	—	COM	002824100
DEO	Diageo PLC Sponsored ADR	25,098	$3.744M	2.3%	—	—	ADR	25243Q205
ENB	Enbridge Inc	111,796	$3.711M	2.3%	—	—	COM	29250N105
WMT	Walmart Inc	22,856	$3.655M	2.2%	—	—	COM	931142103
AXP	American Express Company	23,011	$3.433M	2.1%	—	—	COM	025816109
GPC	Genuine Parts Co	23,758	$3.43M	2.1%	—	—	COM	372460105
VRSK	Verisk Analytics	13,400	$3.166M	1.9%	—	—	COM	92345Y106
AAPL	Apple Inc	16,829	$2.881M	1.8%	—	—	COM	037833100
UNP	Union Pacific Corp	13,505	$2.75M	1.7%	—	—	COM	907818108
EPD	Enterprise Prods Partners LP	91,042	$2.492M	1.5%	—	—	COM	293792107
ADI	Analog Devices Inc	12,829	$2.246M	1.4%	—	—	COM	032654105
QSR	Restaurant Brands Internationa	28,774	$1.917M	1.2%	—	—	COM	76131D103
HSY	Hershey Company	8,496	$1.7M	1.0%	—	—	COM	427866108
O	Realty Income Corp	33,545	$1.675M	1.0%	—	—	COM	756109104
GOOG	Alphabet Inc Class C	11,471	$1.512M	0.9%	—	—	COM	02079K107
ORLY	O'Reilly Automotive Inc	1,658	$1.507M	0.9%	—	—	COM	67103H107
NSC	Norfolk Southern Corp	7,600	$1.497M	0.9%	—	—	COM	655844108
UPS	United Parcel Svc Inc Cl B	8,899	$1.387M	0.9%	—	—	COM	911312106
EXPD	Expeditors International	7,911	$907K	0.6%	—	—	COM	302130109
AMT	American Tower Systems Corp Cl	5,288	$870K	0.5%	—	—	COM	03027X100
KHC	Kraft Heinz Co	24,580	$827K	0.5%	—	—	COM	500754106
CVX	Chevron Corp	4,368	$737K	0.5%	—	—	COM	166764100
OKE	Oneok, Inc	11,611	$736K	0.5%	—	—	COM	682680103
WFC	Wells Fargo & Co	16,386	$670K	0.4%	—	—	COM	949746101
YUM	Yum Brands Inc	5,077	$634K	0.4%	—	—	COM	988498101
SHW	Sherwin-Williams Co.	2,062	$526K	0.3%	—	—	COM	824348106
WEC	WEC Energy Group Inc	4,691	$378K	0.2%	—	—	COM	92939U106
MCO	Moody's Corp	984	$311K	0.2%	—	—	COM	615369105
MDLZ	Mondelez International Inc	4,105	$285K	0.2%	—	—	COM	609207105
—	Activision Blizzard Inc	2,550	$239K	0.1%	—	—	COM	00507V109
NVS	Novartis International AG ADR	2,220	$226K	0.1%	—	—	ADR	66987V109
UNH	UnitedHealth Group Inc	432	$218K	0.1%	—	—	COM	91324P102
VZ	Verizon Communications Inc	6,682	$217K	0.1%	—	—	COM	92343V104