HUTNER CAPITAL MANAGEMENT INC
CIK 0000944733
Annualised vol
8.571182%
Beta
0.362349
HHI
480.4845
Top-10 weight
57.42615%
VaR 95%
0.750479%
VaR 99%
1.402234%
Max drawdown
17.542621%
Matched value
79.739521%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| BRK-B | REDUCED | 39,338 | 42,003 | -6.34% | 50,366,564 |
| GOOGL | ADDED | 41,840 | 40,666 | 2.89% | 14,786,208 |
| KO | ADDED | 154,028 | 153,656 | 0.24% | 12,517,851 |
| JNJ | ADDED | 45,099 | 45,062 | 0.08% | 11,453,769 |
| FNV | ADDED | 48,444 | 47,226 | 2.58% | 10,097,636 |
| ABBV | ADDED | 40,013 | 40,006 | 0.02% | 10,068,932 |
| PEP | ADDED | 68,143 | 66,492 | 2.48% | 9,226,618 |
| ENB | ADDED | 161,690 | 160,656 | 0.64% | 8,765,234 |
| MO | REDUCED | 113,040 | 113,334 | -0.26% | 8,133,233 |
| PG | REDUCED | 53,101 | 53,474 | -0.7% | 7,786,743 |
| AXP | ADDED | 20,835 | 20,596 | 1.16% | 7,047,445 |
| WMT | REDUCED | 57,724 | 58,016 | -0.5% | 6,537,866 |
| AAPL | ADDED | 22,289 | 22,071 | 0.99% | 6,449,434 |
| ADI | UNCHANGED | 11,731 | 11,731 | 0.0% | 4,659,336 |
| CB | ADDED | 13,541 | 11,839 | 14.38% | 4,613,968 |
| UNP | ADDED | 13,053 | 12,515 | 4.3% | 3,550,518 |
| O | ADDED | 54,267 | 52,954 | 2.48% | 3,362,387 |
| VRSK | ADDED | 17,641 | 11,758 | 50.03% | 3,167,044 |
| V | ADDED | 8,478 | 7,523 | 12.69% | 2,908,888 |
| GPC | ADDED | 23,654 | 23,653 | 0.0% | 2,790,750 |
| ORLY | ADDED | 29,674 | 29,464 | 0.71% | 2,732,721 |
| NSC | UNCHANGED | 7,454 | 7,454 | 0.0% | 2,344,940 |
| YUM | ADDED | 10,693 | 10,317 | 3.64% | 1,709,345 |
| HSY | ADDED | 9,378 | 9,287 | 0.98% | 1,645,449 |
| SHW | UNCHANGED | 3,731 | 3,731 | 0.0% | 1,284,727 |
| NVS | ADDED | 6,891 | 6,834 | 0.83% | 1,079,925 |
| DEO | REDUCED | 9,194 | 9,444 | -2.65% | 738,996 |
| WEC | UNCHANGED | 5,336 | 5,336 | 0.0% | 623,085 |
| OKE | UNCHANGED | 6,962 | 6,962 | 0.0% | 605,276 |
| ZTS | CLOSED OUT | 0 | 2,729 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| BRK-B | REDUCED | Berkshire Hathaway Inc Cl A | COM | 084670108 | 30,702,850 | 12.18 | 41.0 |
| BRK-B | REDUCED | Berkshire Hathaway Inc Cl B | COM | 084670702 | 19,663,714 | 7.8 | 39297.0 |
| GOOGL | ADDED | Alphabet Inc Class C | COM | 02079K107 | 14,502,268 | 5.75 | 41045.0 |
| - | Costco Whsl Corp | COM | 22160K105 | 13,267,447 | 5.26 | 14183.0 | |
| - | Philip Morris International In | COM | 718172109 | 12,995,519 | 5.15 | 71834.0 | |
| KO | ADDED | Coca-Cola Company | COM | 191216100 | 12,517,851 | 4.96 | 154028.0 |
| JNJ | ADDED | Johnson & Johnson | COM | 478160104 | 11,453,769 | 4.54 | 45099.0 |
| FNV | ADDED | Franco-Nevada Corp | COM | 351858105 | 10,097,636 | 4.0 | 48444.0 |
| ABBV | ADDED | AbbVie Inc | COM | 00287Y109 | 10,068,932 | 3.99 | 40013.0 |
| - | McDonald's Corp | COM | 580135101 | 9,524,063 | 3.78 | 35234.0 | |
| PEP | ADDED | PepsiCo Inc | COM | 713448108 | 9,226,618 | 3.66 | 68143.0 |
| ENB | ADDED | Enbridge Inc | COM | 29250N105 | 8,765,234 | 3.48 | 161690.0 |
| MO | REDUCED | Altria Group Inc | COM | 02209S103 | 8,133,233 | 3.23 | 113040.0 |
| PG | REDUCED | Procter & Gamble Co | COM | 742718109 | 7,786,743 | 3.09 | 53101.0 |
| AXP | ADDED | American Express Company | COM | 025816109 | 7,047,445 | 2.8 | 20835.0 |
| WMT | REDUCED | Walmart Inc | COM | 931142103 | 6,537,866 | 2.59 | 57724.0 |
| AAPL | ADDED | Apple Inc | COM | 037833100 | 6,449,434 | 2.56 | 22289.0 |
| - | Enterprise Prods Partners LP | COM | 293792107 | 5,099,678 | 2.02 | 138729.0 | |
| ADI | UNCHANGED | Analog Devices Inc | COM | 032654105 | 4,659,336 | 1.85 | 11731.0 |
| CB | ADDED | Chubb Limited | COM | h1467j104 | 4,613,968 | 1.83 | 13541.0 |
| - | Abbott Labs | COM | 002824100 | 3,974,136 | 1.58 | 43797.0 | |
| UNP | ADDED | Union Pacific Corp | COM | 907818108 | 3,550,518 | 1.41 | 13053.0 |
| O | ADDED | Realty Income Corp | COM | 756109104 | 3,362,387 | 1.33 | 54267.0 |
| VRSK | ADDED | Verisk Analytics | COM | 92345Y106 | 3,167,044 | 1.26 | 17641.0 |
| V | ADDED | Visa Inc | COM | 92826C839 | 2,908,888 | 1.15 | 8478.0 |
| GPC | ADDED | Genuine Parts Co | COM | 372460105 | 2,790,750 | 1.11 | 23654.0 |
| ORLY | ADDED | O'Reilly Automotive Inc | COM | 67103H107 | 2,732,721 | 1.08 | 29674.0 |
| NSC | UNCHANGED | Norfolk Southern Corp | COM | 655844108 | 2,344,940 | 0.93 | 7454.0 |
| YUM | ADDED | Yum Brands Inc | COM | 988498101 | 1,709,345 | 0.68 | 10693.0 |
| - | Restaurant Brands Internationa | COM | 76131D103 | 1,708,562 | 0.68 | 23563.0 | |
| HSY | ADDED | Hershey Company | COM | 427866108 | 1,645,449 | 0.65 | 9378.0 |
| - | Progressive Corp | COM | 743315103 | 1,331,097 | 0.53 | 6093.0 | |
| SHW | UNCHANGED | Sherwin-Williams Co. | COM | 824348106 | 1,284,727 | 0.51 | 3731.0 |
| - | Wells Fargo & Co | COM | 949746101 | 1,235,686 | 0.49 | 14953.0 | |
| NVS | ADDED | Novartis International AG ADR | ADR | 66987V109 | 1,079,925 | 0.43 | 6891.0 |
| - | Expeditors International | COM | 302130109 | 1,056,987 | 0.42 | 6485.0 | |
| DEO | REDUCED | Diageo PLC Sponsored ADR | ADR | 25243Q205 | 738,996 | 0.29 | 9194.0 |
| WEC | UNCHANGED | WEC Energy Group Inc | COM | 92939U106 | 623,085 | 0.25 | 5336.0 |
| OKE | UNCHANGED | Oneok, Inc | COM | 682680103 | 605,276 | 0.24 | 6962.0 |
| - | Moody's Corp | COM | 615369105 | 428,009 | 0.17 | 945.0 | |
| GOOGL | ADDED | Alphabet Inc Class A | COM | 02079K305 | 283,940 | 0.11 | 795.0 |
| - | United Parcel Svc Inc Cl B | COM | 911312106 | 259,157 | 0.1 | 2411.0 | |
| - | Corning Inc | COM | 219350105 | 204,344 | 0.08 | 800.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 252,139,573 | 43 | 8.571182 | 0.362349 | 17.542621 |
| 2026-03-31 | 2026-05-15 | 243,418,746 | 44 | 8.150688 | 0.337307 | 16.547152 |
| 2025-12-31 | 2026-02-17 | 239,595,635 | 44 | 8.234342 | 0.344825 | 16.692681 |
| 2025-09-30 | 2025-11-13 | 236,398,889 | 44 | 8.006577 | 0.328185 | 16.42381 |
| 2025-03-31 | 2025-05-13 | 234,311,422 | 48 | 7.586827 | 0.298999 | 15.49189 |
| 2024-12-31 | 2025-02-14 | 207,054,982 | 45 | 7.926116 | 0.320172 | 16.247369 |