Hutner Capital Management Inc.
Hutner Capital Management, Inc. is an SEC-registered investment adviser based in Manchester, Vermont. Founded in 1996, the firm is a boutique independent asset manager, primarily serving high net worth individuals and pooled investment vehicles. As of 2024 it manages approximately $194 million in assets and employs a lean team of four professionals. The firm focuses on discretionary portfolio management and related investment advisory services.
Investment Strategy
Hutner Capital Management targets long-term investment growth through discretionary portfolio management. Its approach focuses on equity securities, emphasizing blue-chip, large-cap, and high-quality firms, while also investing via limited partnerships in more specialized situations. The strategy involves constructing diversified, risk-aware portfolios tailored to the objectives of high net worth individuals, pooled investment vehicles, and select pension plans, with ongoing monitoring and tactical rebalancing reflecting a fundamental-driven philosophy.
Top Holdings
Equity Positions (44)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BRK-A | Berkshire Hathaway Inc Cl A | 13.92% | $30.6M | 42 | $216220.00 | $728800.00 | -$10.1M |
B BRK-B | Berkshire Hathaway Inc Cl B | 9.13% | $20.1M | 41,301 | $244.91 | $485.77 | -$157.1K |
C COST | Costco Whsl Corp | 6.41% | $14.1M | 14,227 | $154.29 | $989.94 | -$596.5K |
P PM | Philip Morris International In | 6.10% | $13.4M | 73,616 | $96.93 | $182.13 | +$949.5K |
K KO | Coca-Cola Company | 4.92% | $10.8M | 153,003 | $46.46 | $70.75 | +$30.5K |