SEC 13F Intelligence

Managers / Q3 2019 · view latest →

Fruth Investment Management

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

Reported Value
$249M
Q3 2019
Positions
195
Filings on Record
30
2019–present window
Filed
Oct 9, 2019
original filing

Summary

Fruth Investment Management reported $249M in U.S.-listed holdings across 195 positions for Q3 2019.

Its largest position, SBUX, represents 3.1% of the portfolio.

Compared with Q2 2019, the fund opened 5 new positions and exited 11.

Portfolio Metrics

Turnover
+4.3%
vs prior filed quarter
Top-10 Concentration
+22.7%
share of reported value
Largest Position
+3.1%
Starbucks
New / Exited
5 / 11
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: $301MQ4 ’22: $341MQ4 ’22Q1 ’23: $346MQ2 ’23: $352MQ3 ’23: $337MQ4 ’23: $357MQ4 ’23Q1 ’24: $390MQ2 ’24: $368MQ3 ’24: $385MQ4 ’24: $363MQ4 ’24Q2 ’25: $368MQ3 ’25: $369MQ4 ’25: $371MQ1 ’26: $401MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 91.2%Other: 8.1%ADR: 0.6%Royalty Trst: 0.1%
  • Common Stock · 91.2% · $227M
  • Other · 8.1% · $20M
  • ADR · 0.6% · $1M
  • Royalty Trst · 0.1% · $289,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GPNGLOBAL PAYMENTS INC.NEW+2.3K2.3K+$363,000$363,000
VALARIS PLCNEW+67.3K67.3K+$323,000$323,000
ORIOLD REPUBLIC INTL CORPNEW+11.4K11.4K+$268,000$268,000
CMECME GROUP INC COMNEW+1.0K1.0K+$211,000$211,000
ORNORION MARINE GROUPNEW+10.0K10.0K+$45,000$45,000
MKLMARKEL CORP.ADDED+435635+$533,000$750,000
ENSCO INTERNATIONAL INCSOLD OUT−68.9K0−$587,000$0
ANADARKO PETROLEUM CORPSOLD OUT−5.8K0−$407,000$0

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

Holdings — Q3 2019

195 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SBUXSTARBUCKS CORPhistory →COM3.09%$8M87.2K
2MAMASTERCARD INChistory →COM2.89%$7M26.5K
3GWWGRAINGER WW INChistory →COM2.60%$6M21.8K
4LINDE PLC COMCOM2.53%$6M32.6K
5HSYHERSHEY FOODS CORPhistory →COM2.22%$6M35.6K
6APDAIR PRODUCTS & CHEMICALShistory →COM2.12%$5M23.8K
7ADPAUTO DATA PROCESSINGhistory →COM1.90%$5M29.3K
8PEPPEPSICO INCORPORATEDhistory →COM1.80%$4M32.7K
9TXNTEXAS INSTRUMENTS INChistory →COM1.79%$4M34.5K
10EXMOCEXXON MOBIL CORPhistory →COM1.73%$4M61.1K
11CVXCHEVRONTEXACO CORPhistory →COM1.63%$4M34.2K
12SYYSYSCO CORP.history →COM1.59%$4M50.1K
13JNJJOHNSON & JOHNSONhistory →COM1.50%$4M28.8K
14TSCOTRACTOR SUPPLY COMPANYhistory →COM1.47%$4M40.6K
15MSFTMICROSOFT CORPhistory →COM1.43%$4M25.6K
16AAGILENT TECHNOLOGIEShistory →COM1.36%$3M44.4K
17BRBROADRIDGE FINANCIALhistory →COM1.36%$3M27.1K
18BF/BBROWN FORMAN CORP CL Bhistory →COM1.35%$3M53.6K
19MKCMC CORMICK & CO NEW VThistory →COM1.34%$3M21.4K
20DISDISNEY WALT HOLDING COhistory →COM1.32%$3M25.3K
21EMREMERSON ELECTRIChistory →COM1.31%$3M48.7K
22IFFINTL FLAVOR & FRAGRANCEShistory →COM1.29%$3M26.2K
23KMBKIMBERLY-CLARK CORPhistory →COM1.25%$3M21.9K
24ABTABBOTT LABORATORIEShistory →COM1.20%$3M35.6K
25UNPUNION PACIFIC CORPhistory →COM1.19%$3M18.3K
26INGERSOLL-RAND COMPANYCOM1.17%$3M23.7K
27FISFIDELITY NATL INFO SVCShistory →COM1.17%$3M22.0K
28ELLAUDER ESTEE CORP CL Ahistory →COM1.12%$3M14.0K
29VERSUM MATLS INC COMCOM1.11%$3M52.1K
30AAPLAPPLE, INCCOM0.99%$2M11.0K
31KEYSKEYSIGHT TECHNOLOGIES INC COMCOM0.98%$2M25.2K
32SONSONOCO PRODUCTS INCCOM0.95%$2M40.8K
33ABBVABBVIE INC COMCOM0.94%$2M30.9K
34DRIDARDEN RESTURANTS INCCOM0.93%$2M19.7K
35MIDDMIDDLEBY CORP THECOM0.91%$2M19.4K
36CPKCHESAPEAKE UTIL CORPCOM0.91%$2M23.7K
37GRCGORMAN-RUPP CO COMCOM0.87%$2M62.6K
38DOWDOW CHEMICALCOM0.86%$2M45.0K
39AINALBANY INT'L CORP.COM0.84%$2M23.3K
40CTASCINTAS CORPCOM0.79%$2M7.4K
41HDHOME DEPOT INCCOM0.77%$2M8.2K
42STERIS PLCCOM0.76%$2M13.1K
43CASYCASEYS GENERAL STORES INCCOM0.76%$2M11.7K
44DEDEERE & COCOM0.74%$2M10.9K
45ASIXADVANSIX INC COMCOM0.73%$2M70.9K
46WESTROCK CO COMCOM0.72%$2M49.4K
47NSCNORFOLK SOUTHERN CORPCOM0.72%$2M10.0K
48COSTCOSTCO WHOLSALE CORP NEWCOM0.69%$2M6.0K
49KOCOCA-COLA COMPANYCOM0.69%$2M31.4K
50HONHONEYWELL INC.COM0.67%$2M9.8K
51BUNGECOM0.67%$2M29.3K
52GISGENERAL MILLS INCCOM0.66%$2M29.7K
53EATON CORPORATIONCOM0.66%$2M19.6K
54MSAMINE SAFTEY APPLIANCE COCOM0.65%$2M14.9K
55VLOVALERO ENERGYCOM0.64%$2M18.8K
56AVTAVNET INCCOM0.64%$2M35.8K
57CECELANESE CORP.COM0.63%$2M12.8K
58MMM3M COMPANYCOM0.60%$1M9.1K
59KEXKIRBY CORPCOM0.60%$1M18.1K
60AXPAMERICAN EXPRESS CO.COM0.57%$1M12.1K
61PSXPHILLIPS 66 COMCOM0.57%$1M13.8K
62ATOATMOS ENERGY CORPCOM0.56%$1M12.3K
63ADIANALOG DEVICES INCCOM0.56%$1M12.5K
64PHPARKER-HANNIFIN CORPCOM0.55%$1M7.6K
65OKEONEOK, INCCOM0.54%$1M18.2K
66LOWLOWES COMPANIES INCCOM0.53%$1M12.0K
67NPEURNEENAH PAPER INCCOM0.52%$1M19.9K
68AITAPPLIED INDL. TECH.COM0.52%$1M22.7K
69MPCMARATHON PETE CORP COMCOM0.51%$1M20.9K
70NTRSNORTHERN TRUST CORPCOM0.49%$1M13.1K
71OLNOLIN CORP NEWCOM0.48%$1M64.0K
72NEMNEWMONT GOLDCORPCOM0.47%$1M30.7K
73SRSPIRECOM0.45%$1M12.8K
74SYKSTRYKER CORPCOM0.45%$1M5.2K
75CHUBB CORPORATIONCOM0.44%$1M6.8K
76CATCATERPILLAR INCCOM0.42%$1M8.4K
77AMATAPPLIED MATERIALS INCCOM0.42%$1M21.1K
78METMETLIFE INCCOM0.42%$1M22.3K
79TKRTIMKEN COMPANYCOM0.42%$1M24.1K
80GTGOODYEAR TIRE & RUBBERCOM0.41%$1M71.4K
81DDOMINION RESOURCES INC.COM0.41%$1M12.6K
82VZVERIZON COMMCOM0.40%$997,00016.5K
83SWKSTANLEY BLACK & DECKER INC.COM0.40%$994,0006.9K
84UTXZUNITED TECHNOLOGIES CORPCOM0.39%$983,0007.2K
85COPCONOCOPHILLIPSCOM0.38%$949,00016.7K
86FELEFRANKLIN ELEC CO INCCOM0.38%$946,00019.8K
87DU PONT E I DE NEMOUR&COCOM0.38%$937,00013.1K
88CALAVO GROWERS INCCOM0.37%$923,0009.7K
89DOVDOVER CORPORATIONCOM0.37%$918,0009.2K
90BMYBRISTOL MYERS SQUIBB COCOM0.36%$894,00017.6K
91MRKMERCK & CO INCCOM0.33%$829,0009.9K
92MURMURPHY OIL CORPCOM0.33%$827,00037.4K
93DUKE ENERGY CORPORATIONCOM0.33%$817,0008.5K
94BHFBRIGHTHOUSE FINL INC COMCOM0.32%$804,00019.9K
95ALLEALLEGION PUBLIC LTD. CO.COM0.32%$786,0007.6K
96NGVTINGEVITY CORP COMCOM0.31%$767,0009.0K
97MKLMARKEL CORP.COM0.30%$750,000635
98MUSAMURPHY USA INC.COM0.29%$732,0008.6K
99GAPGAP INCCOM0.29%$729,00042.0K
100MARATHON OIL CO.COM0.29%$724,00059.1K

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 2022$341M225Jan 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 ↗.