Q1 2026 · 13F-HR
HUTNER CAPITAL MANAGEMENT INCholdings as filed
Filed 2026-05-15 · accession 0000944733-26-000002
$243.4M
Reported value
44
Positions
2026-03-31
Period end
The Brief · HUTNER CAPITAL MANAGEMENT INC · Q1 2026
AI · grounded in 13F
Hutner Capital Management Inc reduced its position in Diageo PLC Sponsored ADR DEO by 43.129%. The fund also trimmed its holding in AbbVie Inc ABBV by 4.4564% and Johnson & Johnson JNJ by 0.3362%. Conversely, the manager increased its stake in PepsiCo Inc PEP by 1.9597% and American Express Company AXP by 0.9163%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670108 | BRK/A | Berkshire Hathaway Inc Cl A | $29.4M | 12.1% | 41 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Inc Cl B | $20.1M | 8.26% | 41,962 | Common | SOLE |
| 22160K105 | COST | Costco Whsl Corp | $14.0M | 5.77% | 14,085 | Common | SOLE |
| 718172109 | PM | Philip Morris International In | $11.9M | 4.90% | 72,083 | Common | SOLE |
| 191216100 | KO | Coca-Cola Company | $11.7M | 4.80% | 153,656 | Common | SOLE |
| 351858105 | FNV | Franco-Nevada Corp | $11.7M | 4.79% | 47,226 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc Class C | $11.4M | 4.70% | 39,872 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $11.0M | 4.53% | 45,062 | Common | SOLE |
| 580135101 | MCD | McDonald's Corp | $10.9M | 4.48% | 35,104 | Common | SOLE |
| 713448108 | PEP | PepsiCo Inc | $10.3M | 4.24% | 66,492 | Common | SOLE |
| 00287Y109 | ABBV | AbbVie Inc | $8.7M | 3.57% | 40,006 | Common | SOLE |
| 29250N105 | ENB | Enbridge Inc | $8.7M | 3.57% | 160,656 | Common | SOLE |
| 742718109 | PG | Procter & Gamble Co | $7.7M | 3.17% | 53,474 | Common | SOLE |
| 02209S103 | MO | Altria Group Inc | $7.5M | 3.07% | 113,334 | Common | SOLE |
| 931142103 | WMT | Walmart Inc | $7.2M | 2.96% | 58,016 | Common | SOLE |
| 025816109 | AXP | American Express Company | $6.2M | 2.56% | 20,596 | Common | SOLE |
| 037833100 | AAPL | Apple Inc | $5.6M | 2.30% | 22,071 | Common | SOLE |
| 293792107 | EPD | Enterprise Prods Partners LP | $5.2M | 2.13% | 137,053 | Common | SOLE |
| 002824100 | ABT | Abbott Labs | $4.5M | 1.86% | 44,022 | Common | SOLE |
| h1467j104 | — | Chubb Limited | $3.9M | 1.59% | 11,839 | Common | SOLE |
| 032654105 | ADI | Analog Devices Inc | $3.7M | 1.53% | 11,731 | Common | SOLE |
| 756109104 | O | Realty Income Corp | $3.2M | 1.33% | 52,954 | Common | SOLE |
| 907818108 | UNP | Union Pacific Corp | $3.0M | 1.25% | 12,515 | Common | SOLE |
| 67103H107 | ORLY | O'Reilly Automotive Inc | $2.7M | 1.12% | 29,464 | Common | SOLE |
| 372460105 | GPC | Genuine Parts Co | $2.5M | 1.03% | 23,653 | Common | SOLE |
| 92826C839 | V | Visa Inc | $2.3M | 0.93% | 7,523 | Common | SOLE |
| 92345Y106 | VRSK | Verisk Analytics | $2.2M | 0.92% | 11,758 | Common | SOLE |
| 655844108 | NSC | Norfolk Southern Corp | $2.1M | 0.88% | 7,454 | Common | SOLE |
| 427866108 | HSY | Hershey Company | $1.9M | 0.79% | 9,287 | Common | SOLE |
| 988498101 | YUM | Yum Brands Inc | $1.6M | 0.66% | 10,317 | Common | SOLE |
| 76131D103 | QSR | Restaurant Brands Internationa | $1.3M | 0.55% | 17,997 | Common | SOLE |
| 743315103 | PGR | Progressive Corp | $1.2M | 0.49% | 6,043 | Common | SOLE |
| 824348106 | SHW | Sherwin-Williams Co. | $1.2M | 0.49% | 3,731 | Common | SOLE |
| 949746101 | WMT2 | Wells Fargo & Co | $1.2M | 0.49% | 14,987 | Common | SOLE |
| 66987V109 | NVS | Novartis International AG ADR | $1.0M | 0.43% | 6,834 | Common | SOLE |
| 302130109 | EXPD | Expeditors International | $928,834 | 0.38% | 6,485 | Common | SOLE |
| 25243Q205 | DEO | Diageo PLC Sponsored ADR | $703,121 | 0.29% | 9,444 | Common | SOLE |
| 682680103 | OKE | Oneok, Inc | $629,295 | 0.26% | 6,962 | Common | SOLE |
| 92939U106 | WEC | WEC Energy Group Inc | $617,749 | 0.25% | 5,336 | Common | SOLE |
| 615369105 | MCO | Moody's Corp | $412,256 | 0.17% | 945 | Common | SOLE |
| 98978v103 | — | Zoetis Inc Cl A | $322,611 | 0.13% | 2,729 | Common | SOLE |
| 911312106 | UPS | United Parcel Svc Inc Cl B | $240,430 | 0.10% | 2,444 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc Class A | $228,464 | 0.09% | 794 | Common | SOLE |
| 03027X100 | AMT | American Tower Systems Corp Cl | $213,507 | 0.09% | 1,237 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.