Filed: 2/17/2026ACC: 0000944733-26-000001
📋 What this filing means
HUTNER CAPITAL MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 44 equity positions with a total reported market value of $239.60M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
44
Positions
$239.60M
Total AUM (reported)
1.45M
Total Shares
Allocation by class
COM$237.22M99.0%
ADR$2.37M1.0%
Portfolio Concentration
Top 3$64.46M26.9%
4–10$74.12M30.9%
11–25$79.41M33.1%
Rest$21.60M9.0%
Top 3 weight
26.9%
Top 10 weight
57.8%
Voting Authority Distribution
Total shares with voting rights: 1.45M
Sole
Full voting authority
1.22M
shares
% of voting shares84.2%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
229.15K
shares
% of voting shares15.8%
Investment Discretion (by position count)
Sole44
Shared0
Other0
Dominant voting typeSole · 84.2% of voting shares
Institutional Holdings44
Rows:
Berkshire Hathaway Inc Cl A
SOLEShares41.00
TypeSH
Market value$30.95M
12.92%
Sole
34.00
Shared
0.00
None
7.00
Berkshire Hathaway Inc Cl B
SOLEShares41.92K
TypeSH
Market value$21.07M
8.79%
Sole
37K
Shared
0.00
None
4.92K
Alphabet Inc Class C
SOLEShares39.65K
TypeSH
Market value$12.44M
5.19%
Sole
33.63K
Shared
0.00
None
6.03K
Costco Whsl Corp
SOLEShares14.09K
TypeSH
Market value$12.15M
5.07%
Sole
11.58K
Shared
0.00
None
2.51K
Philip Morris International In
SOLEShares73.60K
TypeSH
Market value$11.81M
4.93%
Sole
61.88K
Shared
0.00
None
11.72K
Coca-Cola Company
SOLEShares153.96K
TypeSH
Market value$10.76M
4.49%
Sole
133.13K
Shared
0.00
None
20.83K
McDonald's Corp
SOLEShares34.95K
TypeSH
Market value$10.68M
4.46%
Sole
30.49K
Shared
0.00
None
4.47K
Franco-Nevada Corp
SOLEShares47.23K
TypeSH
Market value$9.79M
4.09%
Sole
39.50K
Shared
0.00
None
7.73K
AbbVie Inc
SOLEShares41.87K
TypeSH
Market value$9.57M
3.99%
Sole
35.39K
Shared
0.00
None
6.48K
PepsiCo Inc
SOLEShares65.21K
TypeSH
Market value$9.36M
3.91%
Sole
55.60K
Shared
0.00
None
9.62K
Johnson & Johnson
SOLEShares45.21K
TypeSH
Market value$9.36M
3.91%
Sole
39.55K
Shared
0.00
None
5.66K
Procter & Gamble Co
SOLEShares53.81K
TypeSH
Market value$7.71M
3.22%
Sole
47.26K
Shared
0.00
None
6.56K
Enbridge Inc
SOLEShares159.80K
TypeSH
Market value$7.64M
3.19%
Sole
130.21K
Shared
0.00
None
29.58K
American Express Company
SOLEShares20.41K
TypeSH
Market value$7.55M
3.15%
Sole
17.28K
Shared
0.00
None
3.13K
Altria Group Inc
SOLEShares113.53K
TypeSH
Market value$6.55M
2.73%
Sole
95.38K
Shared
0.00
None
18.16K
Walmart Inc
SOLEShares58.19K
TypeSH
Market value$6.48M
2.71%
Sole
49.51K
Shared
0.00
None
8.67K
Apple Inc
SOLEShares22.09K
TypeSH
Market value$6.00M
2.51%
Sole
16K
Shared
0.00
None
6.08K
Abbott Labs
SOLEShares44K
TypeSH
Market value$5.51M
2.30%
Sole
39.20K
Shared
0.00
None
4.79K
Enterprise Prods Partners LP
SOLEShares137.05K
TypeSH
Market value$4.39M
1.83%
Sole
110.58K
Shared
0.00
None
26.47K
Chubb Limited
SOLEShares11.28K
TypeSH
Market value$3.52M
1.47%
Sole
9.74K
Shared
0.00
None
1.53K
Analog Devices Inc
SOLEShares11.74K
TypeSH
Market value$3.18M
1.33%
Sole
9.41K
Shared
0.00
None
2.33K
Genuine Parts Co
SOLEShares25.03K
TypeSH
Market value$3.08M
1.28%
Sole
20.39K
Shared
0.00
None
4.63K
Realty Income Corp
SOLEShares51.54K
TypeSH
Market value$2.91M
1.21%
Sole
42.47K
Shared
0.00
None
9.07K
Union Pacific Corp
SOLEShares12.28K
TypeSH
Market value$2.84M
1.19%
Sole
9.25K
Shared
0.00
None
3.03K
O'Reilly Automotive Inc
SOLEShares29.39K
TypeSH
Market value$2.68M
1.12%
Sole
21.85K
Shared
0.00
None
7.54K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Berkshire Hathaway Inc Cl ASOLE | COM | 41.00 | SH | $30.95M 12.92% | 34.00 | 0.00 | 7.00 |
Berkshire Hathaway Inc Cl BSOLE | COM | 41.92K | SH | $21.07M 8.79% | 37K | 0.00 | 4.92K |
Alphabet Inc Class CSOLE | COM | 39.65K | SH | $12.44M 5.19% | 33.63K | 0.00 | 6.03K |
Costco Whsl CorpSOLE | COM | 14.09K | SH | $12.15M 5.07% | 11.58K | 0.00 | 2.51K |
Philip Morris International InSOLE | COM | 73.60K | SH | $11.81M 4.93% | 61.88K | 0.00 | 11.72K |
Coca-Cola CompanySOLE | COM | 153.96K | SH | $10.76M 4.49% | 133.13K | 0.00 | 20.83K |
McDonald's CorpSOLE | COM | 34.95K | SH | $10.68M 4.46% | 30.49K | 0.00 | 4.47K |
Franco-Nevada CorpSOLE | COM | 47.23K | SH | $9.79M 4.09% | 39.50K | 0.00 | 7.73K |
AbbVie IncSOLE | COM | 41.87K | SH | $9.57M 3.99% | 35.39K | 0.00 | 6.48K |
PepsiCo IncSOLE | COM | 65.21K | SH | $9.36M 3.91% | 55.60K | 0.00 | 9.62K |
Johnson & JohnsonSOLE | COM | 45.21K | SH | $9.36M 3.91% | 39.55K | 0.00 | 5.66K |
Procter & Gamble CoSOLE | COM | 53.81K | SH | $7.71M 3.22% | 47.26K | 0.00 | 6.56K |
Enbridge IncSOLE | COM | 159.80K | SH | $7.64M 3.19% | 130.21K | 0.00 | 29.58K |
American Express CompanySOLE | COM | 20.41K | SH | $7.55M 3.15% | 17.28K | 0.00 | 3.13K |
Altria Group IncSOLE | COM | 113.53K | SH | $6.55M 2.73% | 95.38K | 0.00 | 18.16K |
Walmart IncSOLE | COM | 58.19K | SH | $6.48M 2.71% | 49.51K | 0.00 | 8.67K |
Apple IncSOLE | COM | 22.09K | SH | $6.00M 2.51% | 16K | 0.00 | 6.08K |
Abbott LabsSOLE | COM | 44K | SH | $5.51M 2.30% | 39.20K | 0.00 | 4.79K |
Enterprise Prods Partners LPSOLE | COM | 137.05K | SH | $4.39M 1.83% | 110.58K | 0.00 | 26.47K |
Chubb LimitedSOLE | COM | 11.28K | SH | $3.52M 1.47% | 9.74K | 0.00 | 1.53K |
Analog Devices IncSOLE | COM | 11.74K | SH | $3.18M 1.33% | 9.41K | 0.00 | 2.33K |
Genuine Parts CoSOLE | COM | 25.03K | SH | $3.08M 1.28% | 20.39K | 0.00 | 4.63K |
Realty Income CorpSOLE | COM | 51.54K | SH | $2.91M 1.21% | 42.47K | 0.00 | 9.07K |
Union Pacific CorpSOLE | COM | 12.28K | SH | $2.84M 1.19% | 9.25K | 0.00 | 3.03K |
O'Reilly Automotive IncSOLE | COM | 29.39K | SH | $2.68M 1.12% | 21.85K | 0.00 | 7.54K |
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