Fund Holdings — HUTNER CAPITAL MANAGEMENT INC

Total Portfolio Value
$252.14M
Total Bought
$16.81M
Total Sold
$4.09M
Net Transaction
+$12.72M
Filing Period:
Securities
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SharesValue ($K)
Q1 2026
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Q2 2026
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Change
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Q1 2026
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Q2 2026
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Weight (%)
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Change
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Alphabet Inc Class C(GOOG)39,87241,045+1,17311,43814,5025.75%+3,064
AbbVie Inc(ABBV)40,00640,013+78,70110,0693.99%+1,368
Berkshire Hathaway Inc Cl A4141029,44430,70312.18%+1,259
Philip Morris International In(PM)72,08371,834-24911,91812,9965.15%+1,077
Verisk Analytics(VRSK)11,75817,641+5,8832,2313,1671.26%+936
Analog Devices Inc(ADI)11,73111,73103,7324,6591.85%+927
Apple Inc(AAPL)22,07122,289+2185,6016,4492.56%+848
Coca-Cola Company(KO)153,656154,028+37211,68612,5184.96%+832
American Express Company(AXP)20,59620,835+2396,2307,0472.80%+817
Chubb Limited11,83913,541+1,7023,8594,6141.83%+755
Altria Group Inc(MO)113,334113,040-2947,4798,1333.23%+654
Visa Inc(V)7,5238,478+9552,2742,9091.15%+635
Union Pacific Corp(UNP)12,51513,053+5383,0363,5511.41%+514
Johnson & Johnson(JNJ)45,06245,099+3711,01511,4544.54%+439
Restaurant Brands Internationa(QSR)17,99723,563+5,5661,3301,7090.68%+379
Genuine Parts Co(GPC)23,65323,654+12,5012,7911.11%+289
Norfolk Southern Corp(NSC)7,4547,45402,1392,3450.93%+206
Corning Inc(GLW)0800+80002040.08%+204
Progressive Corp(PGR)6,0436,093+501,1981,3310.53%+133
Expeditors International(EXPD)6,4856,48509291,0570.42%+128
Realty Income Corp(O)52,95454,267+1,3133,2403,3621.33%+123
Yum Brands Inc(YUM)10,31710,693+3761,6041,7090.68%+105
Sherwin-Williams Co.(SHW)3,7313,73101,1961,2850.51%+89
Enbridge Inc(ENB)160,656161,690+1,0348,6988,7653.48%+67
Procter & Gamble Co(PG)53,47453,101-3737,7247,7873.09%+63
Alphabet Inc Class A(GOOG)794795+12282840.11%+55
Wells Fargo & Co(WFC)14,98714,953-341,1931,2360.49%+43
Novartis International AG ADR(NVS)6,8346,891+571,0441,0800.43%+36
Diageo PLC Sponsored ADR(DEO)9,4449,194-2507037390.29%+36
United Parcel Svc Inc Cl B(UPS)2,4442,411-332402590.10%+19
Moody's Corp(MCO)94594504124280.17%+16
O'Reilly Automotive Inc(ORLY)29,46429,674+2102,7202,7331.08%+13
WEC Energy Group Inc(WEC)5,3365,33606186230.25%+5
Oneok, Inc(OKE)6,9626,96206296050.24%-24
Enterprise Prods Partners LP(EPD)137,053138,729+1,6765,1865,1002.02%-86
American Tower Systems Corp Cl(AMT)1,2370-1,2372140—-214
Hershey Company(HSY)9,2879,378+911,9311,6450.65%-285
Zoetis Inc Cl A(ZTS)2,7290-2,7293230—-323
Berkshire Hathaway Inc Cl B41,96239,297-2,66520,10819,6647.80%-445
Abbott Labs44,02243,797-2254,5203,9741.58%-546
Walmart Inc(WMT)58,01657,724-2927,2106,5382.59%-672
Costco Whsl Corp(COST)14,08514,183+9814,03413,2675.26%-767
PepsiCo Inc(PEP)66,49268,143+1,65110,3269,2273.66%-1,099
McDonald's Corp(MCD)35,10435,234+13010,9109,5243.78%-1,386
Franco-Nevada Corp(FNV)47,22648,444+1,21811,66710,0984.00%-1,569
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