SEC 13F Intelligence

Managers / Q2 2019 · view latest →

Fruth Investment Management

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

Reported Value
$250M
Q2 2019
Positions
201
Filings on Record
30
2019–present window
Filed
Jul 15, 2019
original filing

Summary

Fruth Investment Management reported $250M in U.S.-listed holdings across 201 positions for Q2 2019.

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

Compared with Q1 2019, the fund opened 8 new positions and exited 4.

Portfolio Metrics

Turnover
+3.5%
vs prior filed quarter
Top-10 Concentration
+22.3%
share of reported value
Largest Position
+3.0%
Starbucks
New / Exited
8 / 4
positions this quarter

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: 91.1%Other: 8.2%ADR: 0.6%Royalty Trst: 0.1%
  • Common Stock · 91.1% · $227M
  • Other · 8.2% · $20M
  • ADR · 0.6% · $2M
  • Royalty Trst · 0.1% · $339,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DOWDOW CHEMICALNEW+43.6K43.6K+$2M$2M
DU PONT E I DE NEMOUR&CONEW+9.5K9.5K+$710,000$710,000
CTVACORTEVA INC COMNEW+10.7K10.7K+$317,000$317,000
TSSTOTAL SYSTEMS SERVICESNEW+2.0K2.0K+$256,000$256,000
MKLMARKEL CORP.NEW+200200+$217,000$217,000
CHDNCHURCHILL DOWNS INC KYNEW+1.8K1.8K+$207,000$207,000
MATXMATSON INC COMNEW+5.3K5.3K+$205,000$205,000
GREAT PANTHER SILVERNEW+10.0K10.0K+$8,000$8,000

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

Holdings — Q2 2019

201 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SBUXSTARBUCKS CORPhistory →COM2.96%$7M88.1K
2MAMASTERCARD INChistory →COM2.82%$7M26.6K
3LINDE PLC COMCOM2.63%$7M32.7K
4GWWGRAINGER WW INChistory →COM2.38%$6M22.1K
5APDAIR PRODUCTS & CHEMICALShistory →COM2.17%$5M24.0K
6ADPAUTO DATA PROCESSINGhistory →COM1.96%$5M29.5K
7HSYHERSHEY FOODS CORPhistory →COM1.94%$5M36.1K
8EXMOCEXXON MOBIL CORPhistory →COM1.89%$5M61.5K
9TSCOTRACTOR SUPPLY COMPANYhistory →COM1.78%$4M40.8K
10PEPPEPSICO INCORPORATEDhistory →COM1.73%$4M33.0K
11CVXCHEVRONTEXACO CORPhistory →COM1.69%$4M34.0K
12JNJJOHNSON & JOHNSONhistory →COM1.63%$4M29.1K
13TXNTEXAS INSTRUMENTS INChistory →COM1.62%$4M35.2K
14IFFINTL FLAVOR & FRAGRANCEShistory →COM1.52%$4M26.2K
15SYYSYSCO CORP.history →COM1.44%$4M50.7K
16BRBROADRIDGE FINANCIALhistory →COM1.41%$4M27.6K
17DISDISNEY WALT HOLDING COhistory →COM1.40%$4M25.1K
18MSFTMICROSOFT CORPhistory →COM1.38%$3M25.7K
19MKCMC CORMICK & CO NEW VThistory →COM1.33%$3M21.5K
20AAGILENT TECHNOLOGIEShistory →COM1.33%$3M44.5K
21EMREMERSON ELECTRIChistory →COM1.31%$3M49.0K
22UNPUNION PACIFIC CORPhistory →COM1.24%$3M18.3K
23INGERSOLL-RAND COMPANYCOM1.21%$3M23.8K
24ABTABBOTT LABORATORIEShistory →COM1.20%$3M35.7K
25BF/BBROWN FORMAN CORP CL Bhistory →COM1.19%$3M53.7K
26KMBKIMBERLY-CLARK CORPhistory →COM1.17%$3M22.0K
27VERSUM MATLS INC COMCOM1.13%$3M54.7K
28SONSONOCO PRODUCTS INChistory →COM1.08%$3M41.2K
29FISFIDELITY NATL INFO SVCShistory →COM1.08%$3M21.9K
30MIDDMIDDLEBY CORP THEhistory →COM1.06%$3M19.6K
31ELLAUDER ESTEE CORP CL Ahistory →COM1.02%$3M14.0K
32DRIDARDEN RESTURANTS INCCOM0.98%$2M20.1K
33KEYSKEYSIGHT TECHNOLOGIES INC COMCOM0.91%$2M25.2K
34ABBVABBVIE INC COMCOM0.90%$2M31.1K
35CPKCHESAPEAKE UTIL CORPCOM0.90%$2M23.7K
36AAPLAPPLE, INCCOM0.87%$2M11.0K
37DOWDOW CHEMICALCOM0.86%$2M43.6K
38GRCGORMAN-RUPP CO COMCOM0.82%$2M62.5K
39NSCNORFOLK SOUTHERN CORPCOM0.80%$2M10.0K
40STERIS PLCCOM0.78%$2M13.1K
41AINALBANY INT'L CORP.COM0.78%$2M23.4K
42CASYCASEYS GENERAL STORES INCCOM0.74%$2M11.8K
43DEDEERE & COCOM0.73%$2M11.0K
44WESTROCK CO COMCOM0.71%$2M48.7K
45CTASCINTAS CORPCOM0.70%$2M7.4K
46ASIXADVANSIX INC COMCOM0.70%$2M71.0K
47HONHONEYWELL INC.COM0.69%$2M9.8K
48HDHOME DEPOT INCCOM0.69%$2M8.2K
49VLOVALERO ENERGYCOM0.66%$2M19.4K
50EATON CORPORATIONCOM0.65%$2M19.6K
51AVTAVNET INCCOM0.65%$2M36.0K
52KOCOCA-COLA COMPANYCOM0.64%$2M31.5K
53MSAMINE SAFTEY APPLIANCE COCOM0.64%$2M15.1K
54COSTCOSTCO WHOLSALE CORP NEWCOM0.63%$2M6.0K
55MMM3M COMPANYCOM0.63%$2M9.1K
56GISGENERAL MILLS INCCOM0.62%$2M29.7K
57BUNGECOM0.61%$2M27.4K
58AXPAMERICAN EXPRESS CO.COM0.59%$1M11.9K
59KEXKIRBY CORPCOM0.57%$1M18.1K
60AITAPPLIED INDL. TECH.COM0.57%$1M23.1K
61ADIANALOG DEVICES INCCOM0.56%$1M12.5K
62CECELANESE CORP.COM0.56%$1M13.0K
63OLNOLIN CORP NEWCOM0.55%$1M62.9K
64NPEURNEENAH PAPER INCCOM0.54%$1M20.1K
65ATOATMOS ENERGY CORPCOM0.53%$1M12.4K
66PSXPHILLIPS 66 COMCOM0.52%$1M13.8K
67PHPARKER-HANNIFIN CORPCOM0.52%$1M7.6K
68OKEONEOK, INCCOM0.50%$1M18.2K
69TKRTIMKEN COMPANYCOM0.50%$1M24.2K
70LOWLOWES COMPANIES INCCOM0.49%$1M12.2K
71NTRSNORTHERN TRUST CORPCOM0.47%$1M13.2K
72NEMNEWMONT GOLDCORPCOM0.47%$1M30.7K
73MPCMARATHON PETE CORP COMCOM0.47%$1M20.9K
74CATCATERPILLAR INCCOM0.46%$1M8.4K
75METMETLIFE INCCOM0.45%$1M22.6K
76SRSPIRECOM0.44%$1M13.0K
77SYKSTRYKER CORPCOM0.43%$1M5.2K
78GTGOODYEAR TIRE & RUBBERCOM0.42%$1M68.1K
79COPCONOCOPHILLIPSCOM0.41%$1M16.9K
80OWENS ILLINOIS INC NEWCOM0.41%$1M59.4K
81CHUBB CORPORATIONCOM0.41%$1M6.9K
82SWKSTANLEY BLACK & DECKER INC.COM0.40%$996,0006.9K
83DDOMINION RESOURCES INC.COM0.39%$975,00012.6K
84UTXZUNITED TECHNOLOGIES CORPCOM0.38%$957,0007.4K
85AMATAPPLIED MATERIALS INCCOM0.38%$945,00021.1K
86VZVERIZON COMMCOM0.38%$943,00016.5K
87FELEFRANKLIN ELEC CO INCCOM0.38%$940,00019.8K
88CALAVO GROWERS INCCOM0.38%$938,0009.7K
89NGVTINGEVITY CORP COMCOM0.38%$938,0008.9K
90DOVDOVER CORPORATIONCOM0.37%$920,0009.2K
91GLWCORNING INC.COM0.34%$844,00025.4K
92MARATHON OIL CO.COM0.34%$840,00059.1K
93ALLEALLEGION PUBLIC LTD. CO.COM0.34%$837,0007.6K
94MRKMERCK & CO INCCOM0.33%$831,0009.9K
95BMYBRISTOL MYERS SQUIBB COCOM0.33%$815,00018.0K
96CSXCSX CORPCOM0.31%$765,0009.9K
97GAPGAP INCCOM0.31%$762,00042.5K
98HPHELMERICH & PAYNE INCCOM0.30%$759,00015.0K
99DUKE ENERGY CORPORATIONCOM0.30%$758,0008.6K
100MURMURPHY OIL CORPCOM0.30%$751,00030.5K

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 ↗.