Institutional
HUTNER CAPITAL MANAGEMENT INC
CIK 0000944733
$243.4M
Reported AUM
44
Positions
Q1 2026
Period
2026-05-15
Filed
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%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BRK/A | Berkshire Hathaway Inc Cl A | — | — | — | — | $29.4M | 12.10% | — | HELD |
| 2 | BRK/B | Berkshire Hathaway Inc Cl B | — | — | — | — | $20.1M | 8.26% | +43 | +0.1% |
| 3 | COST | Costco Whsl Corp | $971.87 | -0.05% | -3.70% | 138.72% | $14.0M | 5.77% | −9 | −0.1% |
| 4 | PM | Philip Morris International In | $178.29 | 1.89% | 1.58% | 123.17% | $11.9M | 4.90% | −1,520 | −2.1% |
| 5 | KO | Coca-Cola Company | $79.48 | 3.46% | 14.62% | 60.54% | $11.7M | 4.80% | −305 | −0.2% |
| 6 | FNV | Franco-Nevada Corp | $218.74 | -7.31% | 31.34% | 42.76% | $11.7M | 4.79% | −7 | −0.0% |
| 7 | GOOG | Alphabet Inc Class C | $365.76 | -0.95% | 109.82% | 172.71% | $11.4M | 4.70% | +218 | +0.5% |
| 8 | JNJ | Johnson & Johnson | $232.77 | 2.02% | 53.90% | 55.59% | $11.0M | 4.53% | −152 | −0.3% |
| 9 | MCD | McDonald's Corp | $279.84 | 2.61% | -6.22% | 29.33% | $10.9M | 4.48% | +149 | +0.4% |
| 10 | PEP | PepsiCo Inc | $141.92 | -0.16% | 14.71% | 5.94% | $10.3M | 4.24% | +1,278 | +2.0% |
| 11 | ABBV | AbbVie Inc | $227.23 | 1.02% | 23.60% | 135.68% | $8.7M | 3.57% | −1,866 | −4.5% |
| 12 | ENB | Enbridge Inc | $56.31 | -0.76% | 26.01% | 94.29% | $8.7M | 3.57% | +858 | +0.5% |
| 13 | PG | Procter & Gamble Co | $146.54 | 4.09% | -8.09% | 17.02% | $7.7M | 3.17% | −340 | −0.6% |
| 14 | MO | Altria Group Inc | $72.19 | 2.25% | 30.43% | 117.90% | $7.5M | 3.07% | −200 | −0.2% |
| 15 | WMT | Walmart Inc | $118.88 | 0.97% | 22.99% | 166.67% | $7.2M | 2.96% | −169 | −0.3% |
| 16 | AXP | American Express Company | $310.66 | -0.60% | 3.78% | 93.56% | $6.2M | 2.56% | +187 | +0.9% |
| 17 | AAPL | Apple Inc | $307.34 | -1.25% | 51.31% | 116.17% | $5.6M | 2.30% | −14 | −0.1% |
| 18 | EPD | Enterprise Prods Partners LP | $37.81 | -0.97% | 28.31% | 139.92% | $5.2M | 2.13% | — | HELD |
| 19 | ABT | Abbott Labs | $91.07 | 0.32% | -30.43% | -17.31% | $4.5M | 1.86% | +26 | +0.1% |
| 20 | — | Chubb Limited | — | — | — | — | $3.9M | 1.59% | +561 | +5.0% |
| 21 | ADI | Analog Devices Inc | $401.39 | -6.38% | 83.85% | 160.94% | $3.7M | 1.53% | −10 | −0.1% |
| 22 | O | Realty Income Corp | $60.84 | 1.82% | 15.26% | 14.93% | $3.2M | 1.33% | +1,413 | +2.7% |
| 23 | UNP | Union Pacific Corp | $272.32 | 3.19% | 24.65% | 39.36% | $3.0M | 1.25% | +239 | +1.9% |
| 24 | ORLY | O'Reilly Automotive Inc | $90.33 | 2.18% | -1.65% | 124.39% | $2.7M | 1.12% | +69 | +0.2% |
| 25 | GPC | Genuine Parts Co | $98.15 | -0.49% | -18.17% | -10.74% | $2.5M | 1.03% | −1,375 | −5.5% |
| 26 | V | Visa Inc | $323.57 | 1.06% | -11.91% | 36.33% | $2.3M | 0.93% | +600 | +8.7% |
| 27 | VRSK | Verisk Analytics | $181.73 | 0.96% | -42.70% | -1.30% | $2.2M | 0.92% | +558 | +5.0% |
| 28 | NSC | Norfolk Southern Corp | $313.45 | 2.04% | 27.32% | 35.06% | $2.1M | 0.88% | — | HELD |
| 29 | HSY | Hershey Company | $184.58 | 1.02% | 17.53% | 16.71% | $1.9M | 0.79% | +3 | +0.0% |
| 30 | YUM | Yum Brands Inc | $150.87 | 1.88% | 6.17% | 26.11% | $1.6M | 0.66% | +516 | +5.3% |
| 31 | QSR | Restaurant Brands Internationa | $72.58 | -0.10% | — | — | $1.3M | 0.55% | +209 | +1.2% |
| 32 | PGR | Progressive Corp | $204.02 | 4.42% | — | — | $1.2M | 0.49% | +4 | +0.1% |
| 33 | SHW | Sherwin-Williams Co. | $305.30 | 1.74% | — | — | $1.2M | 0.49% | +126 | +3.5% |
| 34 | WMT2 | Wells Fargo & Co | — | — | — | — | $1.2M | 0.49% | −100 | −0.7% |
| 35 | NVS | Novartis International AG ADR | $149.16 | 0.51% | — | — | $1.0M | 0.43% | +2 | +0.0% |
| 36 | EXPD | Expeditors International | $160.89 | 0.28% | — | — | $929K | 0.38% | −7 | −0.1% |
| 37 | DEO | Diageo PLC Sponsored ADR | $80.43 | 1.89% | — | — | $703K | 0.29% | −7,162 | −43.1% |
| 38 | OKE | Oneok, Inc | $88.25 | -0.79% | — | — | $629K | 0.26% | — | HELD |
| 39 | WEC | WEC Energy Group Inc | $112.32 | -0.56% | — | — | $618K | 0.25% | −20 | −0.4% |
| 40 | MCO | Moody's Corp | $451.35 | 0.49% | — | — | $412K | 0.17% | — | HELD |
| 41 | — | Zoetis Inc Cl A | — | — | — | — | $323K | 0.13% | — | HELD |
| 42 | UPS | United Parcel Svc Inc Cl B | $108.54 | -1.52% | — | — | $240K | 0.10% | −1,896 | −43.7% |
| 43 | GOOGL | Alphabet Inc Class A | $368.53 | -0.98% | — | — | $228K | 0.09% | — | HELD |
| 44 | AMT | American Tower Systems Corp Cl | $194.12 | 0.11% | — | — | $214K | 0.09% | −231 | −15.7% |
Source: SEC EDGAR · accession 0000944733-26-000002. 13F discloses long positions only — shorts, foreign equities, and options are excluded.