SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Fruth Investment Management

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

Reported Value
$287M
Q4 2020
Positions
213
Filings on Record
30
2019–present window
Filed
Jan 13, 2021
original filing

Summary

Fruth Investment Management reported $287M in U.S.-listed holdings across 213 positions for Q4 2020.

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

Compared with Q3 2020, the fund opened 20 new positions and exited 3.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+23.2%
share of reported value
Largest Position
+3.2%
Starbucks
New / Exited
20 / 3
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: 92.1%Other: 7.2%ADR: 0.4%Closed-End Fund: 0.2%PUBLIC: 0.1%Royalty Trst: 0.1%
  • Common Stock · 92.1% · $264M
  • Other · 7.2% · $21M
  • ADR · 0.4% · $1M
  • Closed-End Fund · 0.2% · $485,000
  • PUBLIC · 0.1% · $334,000
  • Royalty Trst · 0.1% · $214,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SCHWTHE CHARLES SCHWAB CORPNEW+15.4K15.4K+$815,000$815,000
VTRSVIATRIS INC.NEW+33.6K33.6K+$630,000$630,000
CMACOMERICA INC.NEW+11.1K11.1K+$622,000$622,000
Capstead Mortg PfdNEW+13.6K13.6K+$334,000$334,000
ZIONZIONS BANCORPORATION COMNEW+6.1K6.1K+$264,000$264,000
CALCALERES INC.NEW+16.5K16.5K+$258,000$258,000
USBUS BANCORP DELNEW+5.5K5.5K+$256,000$256,000
CFRCULLEN FROST BANKERSNEW+2.9K2.9K+$252,000$252,000

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

Holdings — Q4 2020

213 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SBUXSTARBUCKS CORPhistory →COM3.21%$9M86.0K
2GWWGRAINGER WW INChistory →COM2.92%$8M20.6K
3MAMASTERCARD INChistory →COM2.89%$8M23.3K
4LINDE PLC COMCOM2.85%$8M31.1K
5APDAIR PRODUCTS & CHEMICALShistory →COM2.17%$6M22.8K
6TSCOTRACTOR SUPPLY COMPANYhistory →COM1.90%$5M38.8K
7AAGILENT TECHNOLOGIEShistory →COM1.89%$5M45.8K
8TXNTEXAS INSTRUMENTS INChistory →COM1.81%$5M31.6K
9MSFTMICROSOFT CORPhistory →COM1.79%$5M23.1K
10ADPAUTO DATA PROCESSINGhistory →COM1.75%$5M28.5K
11HSYHERSHEY FOODS CORPhistory →COM1.73%$5M32.6K
12AAPLAPPLE, INChistory →COM1.72%$5M37.2K
13DISDISNEY WALT HOLDING COhistory →COM1.60%$5M25.3K
14PEPPEPSICO INCORPORATEDhistory →COM1.57%$5M30.4K
15JNJJOHNSON & JOHNSONhistory →COM1.47%$4M26.8K
16CVXCHEVRONTEXACO CORPhistory →COM1.42%$4M48.2K
17BF/BBROWN FORMAN CORP CL Bhistory →COM1.40%$4M50.7K
18MKCMC CORMICK & CO NEW VThistory →COM1.37%$4M41.2K
19ABTABBOTT LABORATORIEShistory →COM1.31%$4M34.3K
20ELLAUDER ESTEE CORP CL Ahistory →COM1.28%$4M13.8K
21UNPUNION PACIFIC CORPhistory →COM1.26%$4M17.4K
22EXMOCEXXON MOBIL CORPhistory →COM1.26%$4M87.7K
23EMREMERSON ELECTRIChistory →COM1.25%$4M44.7K
24DEDEERE & COhistory →COM1.23%$4M13.2K
25BRBROADRIDGE FINANCIALhistory →COM1.21%$3M22.7K
26SYYSYSCO CORP.history →COM1.19%$3M46.0K
27KEYSKEYSIGHT TECHNOLOGIES INC COMhistory →COM1.15%$3M24.9K
28TTTRANE TECHNOLOGIES PLChistory →COM1.14%$3M22.6K
29ABBVABBVIE INC COMhistory →COM1.11%$3M29.7K
30KMBKIMBERLY-CLARK CORPhistory →COM1.02%$3M21.7K
31FISFIDELITY NATL INFO SVCShistory →COM1.01%$3M20.6K
32DOWDOW CHEMICALCOM0.97%$3M50.3K
33IFFINTL FLAVOR & FRAGRANCESCOM0.89%$3M23.5K
34SONSONOCO PRODUCTS INCCOM0.89%$3M43.2K
35STERIS PLCCOM0.85%$2M12.9K
36MIDDMIDDLEBY CORP THECOM0.84%$2M18.8K
37HDHOME DEPOT INCCOM0.83%$2M9.0K
38CPKCHESAPEAKE UTIL CORPCOM0.83%$2M22.0K
39EATON CORPORATIONCOM0.80%$2M19.2K
40CTASCINTAS CORPCOM0.79%$2M6.4K
41GRCGORMAN-RUPP CO COMCOM0.78%$2M68.9K
42HONHONEYWELL INC.COM0.77%$2M10.3K
43WESTROCK CO COMCOM0.76%$2M50.4K
44NSCNORFOLK SOUTHERN CORPCOM0.76%$2M9.2K
45COSTCOSTCO WHOLSALE CORP NEWCOM0.76%$2M5.8K
46DRIDARDEN RESTURANTS INCCOM0.74%$2M17.9K
47MSAMINE SAFTEY APPLIANCE COCOM0.73%$2M14.1K
48OLNOLIN CORP NEWCOM0.70%$2M82.3K
49ADIANALOG DEVICES INCCOM0.69%$2M13.4K
50CASYCASEYS GENERAL STORES INCCOM0.68%$2M10.9K
51PHPARKER-HANNIFIN CORPCOM0.68%$2M7.1K
52BUNGECOM0.66%$2M29.0K
53KOCOCA-COLA COMPANYCOM0.65%$2M34.3K
54AMATAPPLIED MATERIALS INCCOM0.64%$2M21.4K
55TKRTIMKEN COMPANYCOM0.64%$2M23.6K
56NEMNEWMONT GOLDCORPCOM0.61%$2M29.4K
57AITAPPLIED INDL. TECH.COM0.60%$2M22.2K
58LOWLOWES COMPANIES INCCOM0.59%$2M10.6K
59AINALBANY INT'L CORP.COM0.57%$2M22.2K
60GISGENERAL MILLS INCCOM0.56%$2M27.5K
61CECELANESE CORP.COM0.56%$2M12.3K
62CATCATERPILLAR INCCOM0.52%$2M8.3K
63AXPAMERICAN EXPRESS CO.COM0.50%$1M11.9K
64MMM3M COMPANYCOM0.49%$1M8.1K
65ASIXADVANSIX INC COMCOM0.49%$1M70.0K
66DU PONT E I DE NEMOUR&COCOM0.48%$1M19.3K
67FELEFRANKLIN ELEC CO INCCOM0.45%$1M18.5K
68KEXKIRBY CORPCOM0.44%$1M24.5K
69SYKSTRYKER CORPCOM0.44%$1M5.2K
70NTRSNORTHERN TRUST CORPCOM0.42%$1M13.1K
71SWKSTANLEY BLACK & DECKER INC.COM0.42%$1M6.7K
72ATOATMOS ENERGY CORPCOM0.39%$1M11.9K
73CHUBB CORPORATIONCOM0.39%$1M7.4K
74DOVDOVER CORPORATIONCOM0.39%$1M8.9K
75MUSAMURPHY USA INC.COM0.38%$1M8.4K
76NGVTINGEVITY CORP COMCOM0.38%$1M14.5K
77VZVERIZON COMMCOM0.37%$1M18.3K
78VLOVALERO ENERGYCOM0.37%$1M18.9K
79AVTAVNET INCCOM0.37%$1M30.4K
80PFEPFIZER INCCOM0.37%$1M28.6K
81NPEURNEENAH PAPER INCCOM0.36%$1M18.9K
82BMYBRISTOL MYERS SQUIBB COCOM0.36%$1M16.6K
83KANSAS CITY SOUTHERN NEWCOM0.36%$1M5.0K
84CTVACORTEVA INC COMCOM0.35%$999,00025.8K
85ENBENBRIDGE INC.COM0.33%$945,00029.6K
86METMETLIFE INCCOM0.33%$943,00020.1K
87INGERSOLL-RAND COMPANYCOM0.32%$927,00020.4K
88ALLEALLEGION PUBLIC LTD. CO.COM0.32%$911,0007.8K
89CSXCSX CORPCOM0.31%$898,0009.9K
90PSXPHILLIPS 66 COMCOM0.31%$898,00012.8K
91MPCMARATHON PETE CORP COMCOM0.30%$850,00020.6K
92GLWCORNING INC.COM0.30%$849,00023.6K
93OKEONEOK, INCCOM0.29%$844,00022.0K
94GTGOODYEAR TIRE & RUBBERCOM0.29%$844,00077.4K
95SLBSCHLUMBERGER LTD FCOM0.29%$841,00038.6K
96DDOMINION RESOURCES INC.COM0.29%$835,00011.1K
97GAPGAP INCCOM0.29%$820,00040.6K
98SCHWTHE CHARLES SCHWAB CORPCOM0.28%$815,00015.4K
99SHWSHERWIN WILLIAMS COCOM0.28%$808,0001.1K
100MRKMERCK & CO INCCOM0.28%$803,0009.8K

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 ↗.