13F HOLDINGS REPORT
HUTNER CAPITAL MANAGEMENT INC
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0000944733-25-000003
Total Value
$219.8M
Positions
44
Other Managers
0
Confidential Omitted
No
Holdings (44)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway Inc Cl A | BRK-A | 42 | $30.6M | 13.92% |
| 2 | Berkshire Hathaway Inc Cl B | BRK-A | 41,301 | $20.1M | 9.13% |
| 3 | Costco Whsl Corp | 22160K105 | 14,227 | $14.1M | 6.41% |
| 4 | Philip Morris International In | 718172109 | 73,616 | $13.4M | 6.10% |
| 5 | Coca-Cola Company | KO | 153,003 | $10.8M | 4.92% |
| 6 | McDonald's Corp | MCD | 34,351 | $10.0M | 4.57% |
| 7 | Procter & Gamble Co | 742718109 | 53,226 | $8.5M | 3.86% |
| 8 | AbbVie Inc | ABBV | 41,964 | $7.8M | 3.54% |
| 9 | Franco-Nevada Corp | FNV | 44,995 | $7.4M | 3.35% |
| 10 | PepsiCo Inc | PEP | 54,957 | $7.3M | 3.30% |
| 11 | Alphabet Inc Class C | GOOG | 38,790 | $6.9M | 3.13% |
| 12 | Enbridge Inc | ENNPF | 147,628 | $6.7M | 3.04% |
| 13 | American Express Company | AXP | 20,659 | $6.6M | 3.00% |
| 14 | Johnson & Johnson | JNJ | 42,631 | $6.5M | 2.96% |
| 15 | Altria Group Inc | MO | 110,894 | $6.5M | 2.96% |
| 16 | Walmart Inc | WMT | 59,899 | $5.9M | 2.66% |
| 17 | Abbott Labs | ABLZF | 41,474 | $5.6M | 2.57% |
| 18 | Enterprise Prods Partners LP | 293792107 | 136,489 | $4.2M | 1.93% |
| 19 | Apple Inc | AAPL | 20,094 | $4.1M | 1.88% |
| 20 | Verisk Analytics | VRSK | 11,200 | $3.5M | 1.59% |
| 21 | Chubb Limited | CB | 9,816 | $2.8M | 1.29% |
| 22 | Union Pacific Corp | UNP | 11,948 | $2.7M | 1.25% |
| 23 | Genuine Parts Co | GPC | 22,622 | $2.7M | 1.25% |
| 24 | Realty Income Corp | O | 45,140 | $2.6M | 1.18% |
| 25 | O'Reilly Automotive Inc | 67103H107 | 28,607 | $2.6M | 1.17% |
| 26 | Analog Devices Inc | ADI | 10,546 | $2.5M | 1.14% |
| 27 | Norfolk Southern Corp | 655844108 | 7,344 | $1.9M | 0.86% |
| 28 | Diageo PLC Sponsored ADR | DGEAF | 16,768 | $1.7M | 0.77% |
| 29 | Oneok, Inc | OKE | 19,984 | $1.6M | 0.74% |
| 30 | Visa Inc | V | 4,334 | $1.5M | 0.70% |
| 31 | Progressive Corp | 743315103 | 5,354 | $1.4M | 0.65% |
| 32 | Hershey Company | HSY | 7,595 | $1.3M | 0.57% |
| 33 | Wells Fargo & Co | 949746101 | 15,118 | $1.2M | 0.55% |
| 34 | Restaurant Brands Internationa | 76131D103 | 15,954 | $1.1M | 0.48% |
| 35 | Yum Brands Inc | YUM | 6,324 | $937,083 | 0.43% |
| 36 | Sherwin-Williams Co. | SHW | 2,715 | $932,179 | 0.42% |
| 37 | Expeditors International | 302130109 | 6,526 | $745,644 | 0.34% |
| 38 | Novartis International AG ADR | NVSEF | 5,787 | $700,254 | 0.32% |
| 39 | WEC Energy Group Inc | WEC | 5,427 | $565,493 | 0.26% |
| 40 | Moody's Corp | MCO | 945 | $474,003 | 0.22% |
| 41 | United Parcel Svc Inc Cl B | UPS | 4,403 | $444,415 | 0.20% |
| 42 | American Tower Systems Corp Cl | 03027X100 | 1,538 | $339,842 | 0.15% |
| 43 | Zoetis Inc Cl A | ZTS | 1,977 | $308,292 | 0.14% |
| 44 | Mondelez International Inc | 609207105 | 3,398 | $229,161 | 0.10% |