Fund Holdings

HUTNER CAPITAL MANAGEMENT INC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
Costco Whsl Corp(COST)14,09414,085-912,153,48714,034,3515.77%+1,880,864
Franco-Nevada Corp(FNV)47,23347,226-79,790,51711,667,0624.79%+1,876,545
Johnson & Johnson(JNJ)45,21445,062-1529,357,05911,015,0674.53%+1,658,008
Enbridge Inc(ENB)159,798160,656+8587,643,1538,697,9353.57%+1,054,782
PepsiCo Inc(PEP)65,21466,492+1,2789,359,56110,325,5774.24%+966,016
Altria Group Inc(MO)113,534113,334-2006,546,3617,478,8923.07%+932,531
Coca-Cola Company(KO)153,961153,656-30510,763,42111,685,5684.80%+922,147
Enterprise Prods Partners LP(EPD)137,053137,05304,393,9195,186,0862.13%+792,167
Walmart Inc(WMT)58,18558,016-1696,482,4357,210,2072.96%+727,772
Analog Devices Inc(ADI)11,74111,731-103,184,1133,732,1401.53%+548,027
Chubb Limited11,27811,839+5613,519,9543,858,7651.59%+338,811
Realty Income Corp(O)51,54152,954+1,4132,905,3723,239,7301.33%+334,358
Hershey Company(HSY)9,2849,287+31,689,4271,930,6500.79%+241,223
McDonald's Corp(MCD)34,95535,104+14910,683,20510,909,8574.48%+226,652
Union Pacific Corp(UNP)12,27612,515+2392,839,6983,036,3821.25%+196,684
Yum Brands Inc(YUM)9,80110,317+5161,482,6731,604,1150.66%+121,442
Oneok, Inc(OKE)6,9626,9620511,707629,2950.26%+117,588
Restaurant Brands Internationa(QSR)17,78817,997+2091,213,6861,330,0150.55%+116,329
Philip Morris International In(PM)73,60372,083-1,52011,805,94911,918,1654.90%+112,216
Novartis International AG ADR(NVS)6,8326,834+2941,8931,043,8610.43%+101,968
WEC Energy Group Inc(WEC)5,3565,336-20564,844617,7490.25%+52,905
O'Reilly Automotive Inc(ORLY)29,39529,464+692,681,1602,719,8641.12%+38,704
Sherwin-Williams Co.(SHW)3,6053,731+1261,168,0891,195,9990.49%+27,910
Procter & Gamble Co(PG)53,81453,474-3407,712,0507,723,8433.17%+11,793
Norfolk Southern Corp(NSC)7,4547,45402,152,1062,139,2850.88%-12,821
Alphabet Inc Class A(GOOG)7947940248,663228,4640.09%-20,199
Zoetis Inc Cl A(ZTS)2,7292,7290343,379322,6110.13%-20,768
Expeditors International(EXPD)6,4926,485-7967,360928,8340.38%-38,526
American Tower Systems Corp Cl(AMT)1,4681,237-231257,728213,5070.09%-44,221
Moody's Corp(MCO)9459450482,753412,2560.17%-70,497
Visa Inc(V)6,9237,523+6002,427,8042,273,7470.93%-154,057
Progressive Corp(PGR)6,0396,043+41,375,1071,197,9830.49%-177,124
United Parcel Svc Inc Cl B(UPS)4,3402,444-1,896430,533240,4300.10%-190,103
Wells Fargo & Co(WFC)15,08714,987-1001,406,0711,193,1220.49%-212,949
Verisk Analytics(VRSK)11,20011,758+5582,505,3282,231,0810.92%-274,247
Apple Inc(AAPL)22,08522,071-146,004,1475,601,2792.30%-402,868
Genuine Parts Co(GPC)25,02823,653-1,3753,077,4522,501,3191.03%-576,133
Diageo PLC Sponsored ADR(DEO)16,6069,444-7,1621,432,637703,1210.29%-729,516
AbbVie Inc(ABBV)41,87240,006-1,8669,567,3648,700,9203.57%-866,444
Berkshire Hathaway Inc Cl B41,91941,962+4321,070,70020,108,3338.26%-962,367
Abbott Labs43,99644,022+265,512,2234,519,6931.86%-992,530
Alphabet Inc Class C(GOOG)39,65439,872+21812,443,54111,437,8194.70%-1,005,722
American Express Company(AXP)20,40920,596+1877,550,2066,230,0272.56%-1,320,179
Berkshire Hathaway Inc Cl A4141030,946,80029,443,74012.10%-1,503,060
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