HUTNER CAPITAL MANAGEMENT INC Long-Term Concentrated

CIK: 0000944733 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value ($000): $169,677 (100.0% shares, 0.0% debt)

Holdings (44)

BRK/A Berkshire Hathaway Inc Cl A 16.6%

Value ($000) $28,217 Shares 52 Est. Cost $219349.66 Unrealized +143.4%

BRK/B Berkshire Hathaway Inc Cl B 7.0%

Value ($000) $11,832 Shares 33,173 Est. Cost $170.15 Unrealized +106.3%

COST Costco Whsl Corp 6.3%

Value ($000) $10,746 Shares 16,280 Est. Cost $136.95 Unrealized +318.7%

MCD McDonald's Corp 5.3%

Value ($000) $9,012 Shares 30,392 Est. Cost $95.06 Unrealized +172.1%

PEP PepsiCo Inc 4.8%

Value ($000) $8,092 Shares 47,645 Est. Cost $81.79 Unrealized +88.0%

KO Coca-Cola Company 4.6%

Value ($000) $7,836 Shares 132,975 Est. Cost $33.01 Unrealized +61.3%

PG Procter & Gamble Co 4.4%

Value ($000) $7,411 Shares 50,575 Est. Cost $68.40 Unrealized +105.6%

JNJ Johnson & Johnson 4.1%

Value ($000) $6,968 Shares 44,457 Est. Cost $95.30 Unrealized +50.7%

PM Philip Morris International In 4.0%

Value ($000) $6,743 Shares 71,676 Est. Cost $61.62 Unrealized +35.9%

ABBV AbbVie Inc 3.6%

Value ($000) $6,053 Shares 39,058 Est. Cost $66.18 Unrealized +105.1%

ABT Abbott Labs 2.8%

Value ($000) $4,756 Shares 43,207 Est. Cost $42.35 Unrealized +126.8%

AXP American Express Company 2.5%

Value ($000) $4,235 Shares 22,606 Est. Cost $56.58 Unrealized +177.5%

MO Altria Group Inc 2.4%

Value ($000) $4,116 Shares 102,035 Est. Cost $34.42 Unrealized +1.1%

ENB Enbridge Inc 2.4%

Value ($000) $4,026 Shares 111,777 Est. Cost $23.71 Unrealized +24.0%

FNV Franco-Nevada Corp 2.2%

Value ($000) $3,756 Shares 33,898 Est. Cost $111.56 Unrealized +6.9%

DEO Diageo PLC Sponsored ADR 2.1%

Value ($000) $3,616 Shares 24,822 Est. Cost $118.45 Unrealized —

WMT Walmart Inc 2.1%

Value ($000) $3,552 Shares 22,528 Est. Cost $21.64 Unrealized +138.6%

UNP Union Pacific Corp 1.9%

Value ($000) $3,307 Shares 13,465 Est. Cost $139.48 Unrealized +50.0%

GPC Genuine Parts Co 1.9%

Value ($000) $3,290 Shares 23,753 Est. Cost $78.66 Unrealized +63.4%

AAPL Apple Inc 1.9%

Value ($000) $3,244 Shares 16,849 Est. Cost $127.50 Unrealized +43.4%

VRSK Verisk Analytics 1.9%

Value ($000) $3,201 Shares 13,400 Est. Cost $79.08 Unrealized +195.2%

ADI Analog Devices Inc 1.5%

Value ($000) $2,566 Shares 12,923 Est. Cost $161.68 Unrealized +6.5%

GOOG Alphabet Inc Class C 1.4%

Value ($000) $2,422 Shares 17,184 Est. Cost $122.90 Unrealized +9.6%

EPD Enterprise Prods Partners LP 1.4%

Value ($000) $2,392 Shares 90,782 Est. Cost $27.09 Unrealized —

O Realty Income Corp 1.2%

Value ($000) $2,120 Shares 36,924 Est. Cost $41.56 Unrealized +11.9%

QSR Restaurant Brands Internationa 1.1%

Value ($000) $1,813 Shares 23,208 Est. Cost $65.80 Unrealized +5.7%

NSC Norfolk Southern Corp 1.1%

Value ($000) $1,796 Shares 7,600 Est. Cost $75.16 Unrealized +166.3%

ORLY O'Reilly Automotive Inc 1.0%

Value ($000) $1,671 Shares 1,759 Est. Cost $40.94 Unrealized +54.4%

HSY Hershey Company 0.9%

Value ($000) $1,580 Shares 8,477 Est. Cost $111.18 Unrealized +59.8%

AMT American Tower Systems Corp Cl 0.7%

Value ($000) $1,145 Shares 5,304 Est. Cost $214.08 Unrealized -18.2%

OKE Oneok, Inc 0.7%

Value ($000) $1,129 Shares 16,081 Est. Cost $58.64 Unrealized +2.9%

EXPD Expeditors International 0.6%

Value ($000) $1,006 Shares 7,912 Est. Cost $66.54 Unrealized +72.4%

UPS United Parcel Svc Inc Cl B 0.5%

Value ($000) $883 Shares 5,615 Est. Cost $87.87 Unrealized +52.8%

WFC Wells Fargo & Co 0.4%

Value ($000) $745 Shares 15,126 Est. Cost $36.86 Unrealized +11.3%

KHC Kraft Heinz Co 0.4%

Value ($000) $655 Shares 17,714 Est. Cost $49.76 Unrealized -38.9%

CVX Chevron Corp 0.4%

Value ($000) $653 Shares 4,375 Est. Cost $145.76 Unrealized -5.5%

YUM Yum Brands Inc 0.4%

Value ($000) $645 Shares 4,933 Est. Cost $87.55 Unrealized +36.7%

SHW Sherwin-Williams Co. 0.4%

Value ($000) $643 Shares 2,063 Est. Cost $243.16 Unrealized +8.6%

WEC WEC Energy Group Inc 0.3%

Value ($000) $457 Shares 5,427 Est. Cost $55.90 Unrealized +36.4%

MCO Moody's Corp 0.2%

Value ($000) $378 Shares 969 Est. Cost $179.45 Unrealized +90.5%

MDLZ Mondelez International Inc 0.2%

Value ($000) $284 Shares 3,920 Est. Cost $35.22 Unrealized +82.6%

VZ Verizon Communications Inc 0.1%

Value ($000) $252 Shares 6,687 Est. Cost $42.46 Unrealized -27.0%

UNH UnitedHealth Group Inc 0.1%

Value ($000) $227 Shares 432 Est. Cost $427.59 Unrealized +19.6%

NVS Novartis International AG ADR 0.1%

Value ($000) $206 Shares 2,040 Est. Cost $83.58 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	Berkshire Hathaway Inc Cl A	52	$28,217	16.6%	$219349.66	+143.4%	COM	084670108
BRK/B	Berkshire Hathaway Inc Cl B	33,173	$11,832	7.0%	$170.15	+106.3%	COM	084670702
COST	Costco Whsl Corp	16,280	$10,746	6.3%	$136.95	+318.7%	COM	22160K105
MCD	McDonald's Corp	30,392	$9,012	5.3%	$95.06	+172.1%	COM	580135101
PEP	PepsiCo Inc	47,645	$8,092	4.8%	$81.79	+88.0%	COM	713448108
KO	Coca-Cola Company	132,975	$7,836	4.6%	$33.01	+61.3%	COM	191216100
PG	Procter & Gamble Co	50,575	$7,411	4.4%	$68.40	+105.6%	COM	742718109
JNJ	Johnson & Johnson	44,457	$6,968	4.1%	$95.30	+50.7%	COM	478160104
PM	Philip Morris International In	71,676	$6,743	4.0%	$61.62	+35.9%	COM	718172109
ABBV	AbbVie Inc	39,058	$6,053	3.6%	$66.18	+105.1%	COM	00287Y109
ABT	Abbott Labs	43,207	$4,756	2.8%	$42.35	+126.8%	COM	002824100
AXP	American Express Company	22,606	$4,235	2.5%	$56.58	+177.5%	COM	025816109
MO	Altria Group Inc	102,035	$4,116	2.4%	$34.42	+1.1%	COM	02209S103
ENB	Enbridge Inc	111,777	$4,026	2.4%	$23.71	+24.0%	COM	29250N105
FNV	Franco-Nevada Corp	33,898	$3,756	2.2%	$111.56	+6.9%	COM	351858105
DEO	Diageo PLC Sponsored ADR	24,822	$3,616	2.1%	$118.45	—	ADR	25243Q205
WMT	Walmart Inc	22,528	$3,552	2.1%	$21.64	+138.6%	COM	931142103
UNP	Union Pacific Corp	13,465	$3,307	1.9%	$139.48	+50.0%	COM	907818108
GPC	Genuine Parts Co	23,753	$3,290	1.9%	$78.66	+63.4%	COM	372460105
AAPL	Apple Inc	16,849	$3,244	1.9%	$127.50	+43.4%	COM	037833100
VRSK	Verisk Analytics	13,400	$3,201	1.9%	$79.08	+195.2%	COM	92345Y106
ADI	Analog Devices Inc	12,923	$2,566	1.5%	$161.68	+6.5%	COM	032654105
GOOG	Alphabet Inc Class C	17,184	$2,422	1.4%	$122.90	+9.6%	COM	02079K107
EPD	Enterprise Prods Partners LP	90,782	$2,392	1.4%	$27.09	—	COM	293792107
O	Realty Income Corp	36,924	$2,120	1.2%	$41.56	+11.9%	COM	756109104
QSR	Restaurant Brands Internationa	23,208	$1,813	1.1%	$65.80	+5.7%	COM	76131D103
NSC	Norfolk Southern Corp	7,600	$1,796	1.1%	$75.16	+166.3%	COM	655844108
ORLY	O'Reilly Automotive Inc	1,759	$1,671	1.0%	$40.94	+54.4%	COM	67103H107
HSY	Hershey Company	8,477	$1,580	0.9%	$111.18	+59.8%	COM	427866108
AMT	American Tower Systems Corp Cl	5,304	$1,145	0.7%	$214.08	-18.2%	COM	03027X100
OKE	Oneok, Inc	16,081	$1,129	0.7%	$58.64	+2.9%	COM	682680103
EXPD	Expeditors International	7,912	$1,006	0.6%	$66.54	+72.4%	COM	302130109
UPS	United Parcel Svc Inc Cl B	5,615	$883	0.5%	$87.87	+52.8%	COM	911312106
WFC	Wells Fargo & Co	15,126	$745	0.4%	$36.86	+11.3%	COM	949746101
KHC	Kraft Heinz Co	17,714	$655	0.4%	$49.76	-38.9%	COM	500754106
CVX	Chevron Corp	4,375	$653	0.4%	$145.76	-5.5%	COM	166764100
YUM	Yum Brands Inc	4,933	$645	0.4%	$87.55	+36.7%	COM	988498101
SHW	Sherwin-Williams Co.	2,063	$643	0.4%	$243.16	+8.6%	COM	824348106
WEC	WEC Energy Group Inc	5,427	$457	0.3%	$55.90	+36.4%	COM	92939U106
MCO	Moody's Corp	969	$378	0.2%	$179.45	+90.5%	COM	615369105
MDLZ	Mondelez International Inc	3,920	$284	0.2%	$35.22	+82.6%	COM	609207105
VZ	Verizon Communications Inc	6,687	$252	0.1%	$42.46	-27.0%	COM	92343V104
UNH	UnitedHealth Group Inc	432	$227	0.1%	$427.59	+19.6%	COM	91324P102
NVS	Novartis International AG ADR	2,040	$206	0.1%	$83.58	—	ADR	66987V109