SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Fruth Investment Management

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

Reported Value
$250M
Q3 2020
Positions
196
Filings on Record
30
2019–present window
Filed
Oct 7, 2020
original filing

Summary

Fruth Investment Management reported $250M in U.S.-listed holdings across 196 positions for Q3 2020.

Its largest position, MA, represents 3.2% of the portfolio.

Compared with Q2 2020, the fund opened 8 new positions and exited 11.

Portfolio Metrics

Turnover
+4.0%
vs prior filed quarter
Top-10 Concentration
+24.8%
share of reported value
Largest Position
+3.2%
Mastercard
New / Exited
8 / 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: $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: 92.3%Other: 7.1%ADR: 0.4%Closed-End Fund: 0.1%Royalty Trst: 0.1%
  • Common Stock · 92.3% · $231M
  • Other · 7.1% · $18M
  • ADR · 0.4% · $1M
  • Closed-End Fund · 0.1% · $321,000
  • Royalty Trst · 0.1% · $158,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SFMSPROUTS FARMERS MKTNEW+18.1K18.1K+$377,000$377,000
MATXMATSON INC COMNEW+6.3K6.3K+$252,000$252,000
CARRCARRIER GLOBAL CORP.NEW+7.8K7.8K+$236,000$236,000
MOSMOSAIC CO NEWNEW+12.3K12.3K+$224,000$224,000
DISCOVER FINL SVCS COMNEW+3.8K3.8K+$219,000$219,000
CLCOLGATE-PALMOLIVE CONEW+2.7K2.7K+$208,000$208,000
ACTIVISION CORPNEW+2.5K2.5K+$202,000$202,000
ZIXIZIX CORPNEW+10.0K10.0K+$58,000$58,000

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

Holdings — Q3 2020

196 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MAMASTERCARD INChistory →COM3.23%$8M23.9K
2LINDE PLC COMCOM3.00%$7M31.5K
3GWWGRAINGER WW INChistory →COM2.98%$7M20.9K
4SBUXSTARBUCKS CORPhistory →COM2.97%$7M86.4K
5APDAIR PRODUCTS & CHEMICALShistory →COM2.77%$7M23.3K
6TSCOTRACTOR SUPPLY COMPANYhistory →COM2.26%$6M39.4K
7MSFTMICROSOFT CORPhistory →COM2.01%$5M23.9K
8HSYHERSHEY FOODS CORPhistory →COM1.89%$5M33.0K
9AAGILENT TECHNOLOGIEShistory →COM1.88%$5M46.6K
10TXNTEXAS INSTRUMENTS INChistory →COM1.83%$5M32.1K
11AAPLAPPLE, INChistory →COM1.75%$4M37.8K
12PEPPEPSICO INCORPORATEDhistory →COM1.71%$4M30.8K
13MKCMC CORMICK & CO NEW VThistory →COM1.65%$4M21.2K
14ADPAUTO DATA PROCESSINGhistory →COM1.63%$4M29.2K
15JNJJOHNSON & JOHNSONhistory →COM1.62%$4M27.1K
16BF/BBROWN FORMAN CORP CL Bhistory →COM1.56%$4M51.7K
17ABTABBOTT LABORATORIEShistory →COM1.53%$4M35.2K
18UNPUNION PACIFIC CORPhistory →COM1.37%$3M17.5K
19CVXCHEVRONTEXACO CORPhistory →COM1.32%$3M45.9K
20KMBKIMBERLY-CLARK CORPhistory →COM1.30%$3M21.9K
21DISDISNEY WALT HOLDING COhistory →COM1.29%$3M26.1K
22FISFIDELITY NATL INFO SVCShistory →COM1.26%$3M21.4K
23ELLAUDER ESTEE CORP CL Ahistory →COM1.23%$3M14.0K
24BRBROADRIDGE FINANCIALhistory →COM1.22%$3M23.1K
25EMREMERSON ELECTRIChistory →COM1.20%$3M45.7K
26EXMOCEXXON MOBIL CORPhistory →COM1.18%$3M86.2K
27IFFINTL FLAVOR & FRAGRANCEShistory →COM1.18%$3M24.0K
28SYYSYSCO CORP.history →COM1.17%$3M47.1K
29DEDEERE & COhistory →COM1.17%$3M13.2K
30TTTRANE TECHNOLOGIES PLChistory →COM1.11%$3M23.0K
31ABBVABBVIE INC COMhistory →COM1.06%$3M30.3K
32KEYSKEYSIGHT TECHNOLOGIES INC COMhistory →COM1.00%$3M25.3K
33HDHOME DEPOT INCCOM1.00%$2M9.0K
34DOWDOW CHEMICALCOM0.96%$2M51.2K
35STERIS PLCCOM0.92%$2M13.1K
36CTASCINTAS CORPCOM0.91%$2M6.9K
37SONSONOCO PRODUCTS INCCOM0.90%$2M44.0K
38COSTCOSTCO WHOLSALE CORP NEWCOM0.85%$2M6.0K
39NSCNORFOLK SOUTHERN CORPCOM0.81%$2M9.5K
40GRCGORMAN-RUPP CO COMCOM0.81%$2M68.6K
41CASYCASEYS GENERAL STORES INCCOM0.81%$2M11.4K
42EATON CORPORATIONCOM0.81%$2M19.8K
43MSAMINE SAFTEY APPLIANCE COCOM0.77%$2M14.3K
44CPKCHESAPEAKE UTIL CORPCOM0.76%$2M22.4K
45NEMNEWMONT GOLDCORPCOM0.75%$2M29.7K
46DRIDARDEN RESTURANTS INCCOM0.75%$2M18.5K
47LOWLOWES COMPANIES INCCOM0.74%$2M11.2K
48WESTROCK CO COMCOM0.71%$2M51.2K
49GISGENERAL MILLS INCCOM0.70%$2M28.2K
50KOCOCA-COLA COMPANYCOM0.69%$2M34.8K
51MIDDMIDDLEBY CORP THECOM0.68%$2M19.1K
52HONHONEYWELL INC.COM0.68%$2M10.3K
53ADIANALOG DEVICES INCCOM0.64%$2M13.7K
54PHPARKER-HANNIFIN CORPCOM0.60%$2M7.4K
55CECELANESE CORP.COM0.55%$1M12.8K
56BUNGECOM0.54%$1M29.6K
57MMM3M COMPANYCOM0.53%$1M8.3K
58AMATAPPLIED MATERIALS INCCOM0.52%$1M21.9K
59TKRTIMKEN COMPANYCOM0.51%$1M23.6K
60AITAPPLIED INDL. TECH.COM0.50%$1M22.6K
61CATCATERPILLAR INCCOM0.49%$1M8.3K
62AXPAMERICAN EXPRESS CO.COM0.49%$1M12.2K
63FELEFRANKLIN ELEC CO INCCOM0.46%$1M19.4K
64ATOATMOS ENERGY CORPCOM0.46%$1M11.9K
65AINALBANY INT'L CORP.COM0.45%$1M22.9K
66SWKSTANLEY BLACK & DECKER INC.COM0.45%$1M6.9K
67DU PONT E I DE NEMOUR&COCOM0.44%$1M20.0K
68VZVERIZON COMMCOM0.44%$1M18.4K
69MUSAMURPHY USA INC.COM0.43%$1M8.4K
70SYKSTRYKER CORPCOM0.43%$1M5.2K
71OLNOLIN CORP NEWCOM0.42%$1M84.6K
72PFEPFIZER INCCOM0.41%$1M28.2K
73NTRSNORTHERN TRUST CORPCOM0.41%$1M13.3K
74BMYBRISTOL MYERS SQUIBB COCOM0.41%$1M17.1K
75DOVDOVER CORPORATIONCOM0.39%$987,0009.1K
76DDOMINION RESOURCES INC.COM0.38%$951,00012.0K
77ASIXADVANSIX INC COMCOM0.37%$931,00072.3K
78KANSAS CITY SOUTHERN NEWCOM0.36%$910,0005.0K
79ENBENBRIDGE INC.COM0.35%$883,00030.3K
80CHUBB CORPORATIONCOM0.35%$864,0007.4K
81MRKMERCK & CO INCCOM0.33%$814,0009.8K
82AVTAVNET INCCOM0.32%$802,00031.1K
83METMETLIFE INCCOM0.31%$786,00021.1K
84VLOVALERO ENERGYCOM0.31%$785,00018.1K
85ALLEALLEGION PUBLIC LTD. CO.COM0.31%$784,0007.9K
86GLWCORNING INC.COM0.31%$781,00024.1K
87CSXCSX CORPCOM0.31%$768,0009.9K
88CTVACORTEVA INC COMCOM0.31%$767,00026.6K
89SHWSHERWIN WILLIAMS COCOM0.31%$766,0001.1K
90KEXKIRBY CORPCOM0.30%$741,00020.5K
91INGERSOLL-RAND COMPANYCOM0.29%$734,00020.6K
92NPEURNEENAH PAPER INCCOM0.29%$728,00019.4K
93NGVTINGEVITY CORP COMCOM0.29%$722,00014.6K
94GAPGAP INCCOM0.29%$718,00042.2K
95DUKE ENERGY CORPORATIONCOM0.28%$700,0007.9K
96PSXPHILLIPS 66 COMCOM0.28%$699,00013.5K
97O-I GLASS, INC.COM0.27%$683,00064.5K
98MKLMARKEL CORP.COM0.27%$666,000685
99SRSPIRECOM0.26%$649,00012.2K
100CALAVO GROWERS INCCOM0.25%$629,0009.5K

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 ↗.