SEC 13F Intelligence

Managers / Q4 2018 · view latest →

Fruth Investment Management

CIK 0001416856 · 820 GESSNER, SUITE 1640, HOUSTON, TX, 77024 · 713-464-2283

Reported Value
$212M
Q4 2018
Positions
186
Filings on Record
30
2019–present window
Filed
Jan 16, 2019
original filing

Summary

Fruth Investment Management reported $212M in U.S.-listed holdings across 186 positions for Q4 2018.

Its largest position, GWW, represents 3.0% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+22.0%
share of reported value
Largest Position
+3.0%
Grainger Ww

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $212MQ4 ’18Q1 ’19: $239MQ2 ’19: $250MQ3 ’19: $249MQ4 ’19: $264MQ4 ’19Q1 ’20: $195MQ2 ’20: $237MQ3 ’20: $250MQ4 ’20: $287MQ4 ’20Q1 ’21: $319MQ2 ’21: $335MQ3 ’21: $325MQ4 ’21: $365MQ4 ’21Q1 ’22: $362MQ2 ’22: $365MQ3 ’22: $301MQ1 ’23: $346MQ1 ’23Q2 ’23: $352MQ3 ’23: $337MQ4 ’23: $357MQ1 ’24: $390MQ1 ’24Q2 ’24: $368MQ3 ’24: $385MQ4 ’24: $363MQ2 ’25: $368MQ2 ’25Q3 ’25: $369MQ4 ’25: $371MQ1 ’26: $401Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 90.4%Other: 8.9%ADR: 0.6%Royalty Trst: 0.1%
  • Common Stock · 90.4% · $192M
  • Other · 8.9% · $19M
  • ADR · 0.6% · $1M
  • Royalty Trst · 0.1% · $304,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
GWWGRAINGER WW INCNEW+22.8K22.8K+$6M$6M
SBUXSTARBUCKS CORPNEW+94.4K94.4K+$6M$6M
LINDE PLC COMNEW+33.7K33.7K+$5M$5M
MAMASTERCARD INCNEW+27.5K27.5K+$5M$5M
EXMOCEXXON MOBIL CORPNEW+62.1K62.1K+$4M$4M
ADPAUTO DATA PROCESSINGNEW+30.7K30.7K+$4M$4M
HSYHERSHEY FOODS CORPNEW+37.5K37.5K+$4M$4M
APDAIR PRODUCTS & CHEMICALSNEW+24.7K24.7K+$4M$4M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

186 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GWWGRAINGER WW INChistory →COM3.04%$6M22.8K
2SBUXSTARBUCKS CORPhistory →COM2.87%$6M94.4K
3LINDE PLC COMCOM2.48%$5M33.7K
4MAMASTERCARD INChistory →COM2.45%$5M27.5K
5EXMOCEXXON MOBIL CORPhistory →COM2.00%$4M62.1K
6ADPAUTO DATA PROCESSINGhistory →COM1.90%$4M30.7K
7HSYHERSHEY FOODS CORPhistory →COM1.89%$4M37.5K
8APDAIR PRODUCTS & CHEMICALShistory →COM1.87%$4M24.7K
9JNJJOHNSON & JOHNSONhistory →COM1.80%$4M29.6K
10PEPPEPSICO INCORPORATEDhistory →COM1.75%$4M33.6K
11CVXCHEVRONTEXACO CORPhistory →COM1.75%$4M34.1K
12IFFINTL FLAVOR & FRAGRANCEShistory →COM1.71%$4M27.1K
13TSCOTRACTOR SUPPLY COMPANYhistory →COM1.63%$3M41.4K
14TXNTEXAS INSTRUMENTS INChistory →COM1.63%$3M36.5K
15SYYSYSCO CORP.history →COM1.58%$3M53.4K
16ABBVABBVIE INC COMhistory →COM1.50%$3M34.5K
17AAGILENT TECHNOLOGIEShistory →COM1.44%$3M45.4K
18MKCMC CORMICK & CO NEW VThistory →COM1.39%$3M21.1K
19EMREMERSON ELECTRIChistory →COM1.38%$3M49.1K
20BRBROADRIDGE FINANCIALhistory →COM1.31%$3M28.9K
21MSFTMICROSOFT CORPhistory →COM1.30%$3M27.2K
22ABTABBOTT LABORATORIEShistory →COM1.26%$3M37.0K
23UNPUNION PACIFIC CORPhistory →COM1.26%$3M19.3K
24BF/BBROWN FORMAN CORP CL Bhistory →COM1.22%$3M54.4K
25KMBKIMBERLY-CLARK CORPhistory →COM1.21%$3M22.5K
26SONSONOCO PRODUCTS INChistory →COM1.06%$2M42.4K
27FISFIDELITY NATL INFO SVCShistory →COM1.06%$2M21.8K
28INGERSOLL-RAND COMPANYCOM1.05%$2M24.4K
29DRIDARDEN RESTURANTS INCCOM1.00%$2M21.1K
30MIDDMIDDLEBY CORP THECOM0.99%$2M20.5K
31DISDISNEY WALT HOLDING COCOM0.98%$2M18.9K
32GRCGORMAN-RUPP CO COMCOM0.97%$2M63.4K
33CPKCHESAPEAKE UTIL CORPCOM0.93%$2M24.4K
34ELLAUDER ESTEE CORP CL ACOM0.87%$2M14.2K
35WESTROCK CO COMCOM0.87%$2M48.8K
36ASIXADVANSIX INC COMCOM0.84%$2M73.3K
37AAPLAPPLE, INCCOM0.83%$2M11.1K
38MMM3M COMPANYCOM0.81%$2M9.0K
39DEDEERE & COCOM0.79%$2M11.3K
40VERSUM MATLS INC COMCOM0.78%$2M60.0K
41KEYSKEYSIGHT TECHNOLOGIES INC COMCOM0.75%$2M25.5K
42KEXKIRBY CORPCOM0.74%$2M23.2K
43VLOVALERO ENERGYCOM0.73%$2M20.6K
44NSCNORFOLK SOUTHERN CORPCOM0.73%$2M10.4K
45BUNGECOM0.73%$2M28.9K
46CASYCASEYS GENERAL STORES INCCOM0.72%$2M12.0K
47KOCOCA-COLA COMPANYCOM0.72%$2M32.2K
48HDHOME DEPOT INCCOM0.70%$1M8.6K
49STERIS PLCCOM0.66%$1M13.1K
50AINALBANY INT'L CORP.COM0.66%$1M22.4K
51MSAMINE SAFTEY APPLIANCE COCOM0.65%$1M14.7K
52GTGOODYEAR TIRE & RUBBERCOM0.64%$1M66.3K
53AVTAVNET INCCOM0.64%$1M37.4K
54EATON CORPORATIONCOM0.63%$1M19.5K
55HONHONEYWELL INC.COM0.62%$1M9.9K
56OLNOLIN CORP NEWCOM0.58%$1M61.2K
57COSTCOSTCO WHOLSALE CORP NEWCOM0.58%$1M6.0K
58AITAPPLIED INDL. TECH.COM0.58%$1M22.8K
59MPCMARATHON PETE CORP COMCOM0.58%$1M20.8K
60NPEURNEENAH PAPER INCCOM0.57%$1M20.7K
61CTASCINTAS CORPCOM0.57%$1M7.3K
62GISGENERAL MILLS INCCOM0.56%$1M30.7K
63ATOATMOS ENERGY CORPCOM0.56%$1M12.8K
64AXPAMERICAN EXPRESS CO.COM0.56%$1M12.4K
65PHPARKER-HANNIFIN CORPCOM0.56%$1M7.9K
66GAPGAP INCCOM0.54%$1M44.8K
67CECELANESE CORP.COM0.54%$1M12.7K
68LOWLOWES COMPANIES INCCOM0.54%$1M12.3K
69NTRSNORTHERN TRUST CORPCOM0.54%$1M13.6K
70ADIANALOG DEVICES INCCOM0.51%$1M12.6K
71CATCATERPILLAR INCCOM0.51%$1M8.5K
72COPCONOCOPHILLIPSCOM0.51%$1M17.2K
73OWENS ILLINOIS INC NEWCOM0.49%$1M59.8K
74SRSPIRECOM0.49%$1M13.9K
75OKEONEOK, INCCOM0.47%$1M18.6K
76NEMNEWMONT MININGCOM0.45%$964,00027.8K
77BMYBRISTOL MYERS SQUIBB COCOM0.45%$947,00018.2K
78TKRTIMKEN COMPANYCOM0.45%$944,00025.3K
79VZVERIZON COMMCOM0.44%$939,00016.7K
80METMETLIFE INCCOM0.44%$931,00022.7K
81CHUBB CORPORATIONCOM0.42%$896,0006.9K
82SYKSTRYKER CORPCOM0.41%$877,0005.6K
83FELEFRANKLIN ELEC CO INCCOM0.41%$866,00020.2K
84DOWDUPONT INC COMCOM0.40%$853,00016.0K
8521ST CENT FOX Cl ACOM0.39%$832,00017.3K
86DDOMINION RESOURCES INC.COM0.39%$828,00011.6K
87SWKSTANLEY BLACK & DECKER INC.COM0.38%$813,0006.8K
88UTXZUNITED TECHNOLOGIES CORPCOM0.38%$810,0007.6K
89MRKMERCK & CO INCCOM0.37%$784,00010.3K
90GLWCORNING INC.COM0.37%$783,00025.9K
91ROWAN COMPANIESCOM0.36%$764,00091.1K
92DUKE ENERGY CORPORATIONCOM0.36%$764,0008.9K
93NGVTINGEVITY CORP COMCOM0.34%$726,0008.7K
94MURMURPHY OIL CORPCOM0.34%$724,00031.0K
95HPHELMERICH & PAYNE INCCOM0.34%$719,00015.0K
96CALAVO GROWERS INCCOM0.34%$715,0009.8K
97AMATAPPLIED MATERIALS INCCOM0.33%$692,00021.1K
98DOVDOVER CORPORATIONCOM0.32%$668,0009.4K
99BHFBRIGHTHOUSE FINL INC COMCOM0.31%$665,00021.8K
100MUSAMURPHY USA INC.COM0.31%$658,0008.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$401M229Apr 21, 202613F-HRchanges · EDGAR ↗
Q4 2025$371M220Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$369M215Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$368M217Jul 11, 202513F-HRchanges · EDGAR ↗
Q4 2024$363M216Jan 27, 202513F-HRchanges · EDGAR ↗
Q3 2024$385M219Oct 11, 202413F-HRchanges · EDGAR ↗
Q2 2024$368M217Jul 18, 202413F-HRchanges · EDGAR ↗
Q1 2024$390M222Apr 19, 202413F-HRchanges · EDGAR ↗
Q4 2023$357M223Jan 18, 202413F-HRchanges · EDGAR ↗
Q3 2023$337M218Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$352M218Jul 25, 202313F-HRchanges · EDGAR ↗
Q1 2023$346M221Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review225Jan 17, 202313F-HRchanges · EDGAR ↗
Q3 2022$301M221Oct 13, 202213F-HRchanges · EDGAR ↗
Q2 2022$365M234Jul 19, 202213F-HRchanges · EDGAR ↗
Q1 2022$362M234Apr 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$365M238Jan 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$325M229Oct 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$335M233Jul 19, 202113F-HRchanges · EDGAR ↗
Q1 2021$319M228Apr 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$287M213Jan 13, 202113F-HRchanges · EDGAR ↗
Q3 2020$250M196Oct 7, 202013F-HRchanges · EDGAR ↗
Q2 2020$237M199Jul 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$195M185Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$264M204Jan 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$249M195Oct 9, 201913F-HRchanges · EDGAR ↗
Q2 2019$250M201Jul 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$239M197Apr 16, 201913F-HRchanges · EDGAR ↗
Q4 2018$212M186Jan 16, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.