SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Fruth Investment Management

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

Reported Value
$365M
Q2 2022
Positions
234
Filings on Record
30
2019–present window
Filed
Jul 19, 2022
original filing

Summary

Fruth Investment Management reported $365M in U.S.-listed holdings across 234 positions for Q2 2022.

Its largest position, GWW, represents 2.8% of the portfolio.

Compared with Q1 2022, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+0.6%
vs prior filed quarter
Top-10 Concentration
+21.8%
share of reported value
Largest Position
+2.8%
Grainger Ww
New / Exited
3 / 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: 91.6%Other: 7.1%ADR: 0.5%ETP: 0.3%Royalty Trst: 0.2%Other: 0.2%
  • Common Stock · 91.6% · $334M
  • Other · 7.1% · $26M
  • ADR · 0.5% · $2M
  • ETP · 0.3% · $1M
  • Royalty Trst · 0.2% · $888,000
  • Other · 0.2% · $700,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PBProsperity BancshareNEW+5.0K5.0K+$349,000$349,000
KMXCARMAX INCNEW+2.0K2.0K+$203,000$203,000
CADECADENCE BABCORP.NEW+6.7K6.7K+$201,000$201,000
FOEFERRO CORPSOLD OUT−16.4K0−$357,000$0
ITWILLINOIS TOOL WORKSSOLD OUT−1.1K0−$230,000$0
ABALLIANCEBERNSTEIN HLDG LPSOLD OUT−2.5K0−$116,000$0
CLFCLEVELAND-CLIFFS, INC.ADDED+9.7K64.7K+$307,000$2M
ABBVABBVIE INC COMTRIMMED−3.5K25.0K−$528,000$4M

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

Holdings — Q2 2022

234 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GWWGRAINGER WW INChistory →COM2.84%$10M19.9K
2LINDE PLC COMCOM2.66%$10M29.8K
3TSCOTRACTOR SUPPLY COMPANYhistory →COM2.39%$9M37.4K
4MAMASTERCARD INChistory →COM2.15%$8M21.7K
5CVXCHEVRONTEXACO CORPhistory →COM2.13%$8M47.0K
6SBUXSTARBUCKS CORPhistory →COM2.07%$8M82.8K
7EXMOCEXXON MOBIL CORPhistory →COM1.98%$7M86.0K
8MSFTMICROSOFT CORPhistory →COM1.96%$7M22.8K
9HSYHERSHEY FOODS CORPhistory →COM1.88%$7M31.6K
10ADPAUTO DATA PROCESSINGhistory →COM1.75%$6M28.1K
11AAPLAPPLE, INChistory →COM1.74%$6M35.7K
12AAGILENT TECHNOLOGIEShistory →COM1.67%$6M45.0K
13APDAIR PRODUCTS & CHEMICALShistory →COM1.52%$6M22.0K
14TXNTEXAS INSTRUMENTS INChistory →COM1.50%$5M29.2K
15DEDEERE & COhistory →COM1.49%$5M13.1K
16PEPPEPSICO INCORPORATEDhistory →COM1.36%$5M29.5K
17UNPUNION PACIFIC CORPhistory →COM1.30%$5M17.1K
18JNJJOHNSON & JOHNSONhistory →COM1.28%$5M26.0K
19EMREMERSON ELECTRIChistory →COM1.18%$4M43.4K
20OLNOLIN CORP NEWhistory →COM1.15%$4M79.3K
21ABBVABBVIE INC COMhistory →COM1.12%$4M25.0K
22MKCMC CORMICK & CO NEW VThistory →COM1.11%$4M41.8K
23ABTABBOTT LABORATORIEShistory →COM1.10%$4M33.4K
24KEYSKEYSIGHT TECHNOLOGIES INC COMhistory →COM1.08%$4M24.5K
25SYYSYSCO CORP.history →COM1.01%$4M44.4K
26ELLAUDER ESTEE CORP CL Ahistory →COM1.01%$4M13.2K
27TTTRANE TECHNOLOGIES PLCCOM0.97%$4M22.3K
28ASIXADVANSIX INC COMCOM0.97%$4M68.7K
29DISDISNEY WALT HOLDING COCOM0.96%$4M24.9K
30BF/BBROWN FORMAN CORP CL BCOM0.92%$3M49.6K
31DOWDOW CHEMICALCOM0.88%$3M50.2K
32STERIS PLCCOM0.86%$3M12.8K
33BUNGECOM0.86%$3M28.4K
34COSTCOSTCO WHOLSALE CORP NEWCOM0.85%$3M5.4K
35MIDDMIDDLEBY CORP THECOM0.85%$3M18.4K
36BRBROADRIDGE FINANCIALCOM0.84%$3M19.6K
37IFFINTL FLAVOR & FRAGRANCESCOM0.82%$3M22.9K
38EATON CORPORATIONCOM0.78%$3M18.4K
39CPKCHESAPEAKE UTIL CORPCOM0.78%$3M20.6K
40AMATAPPLIED MATERIALS INCCOM0.77%$3M20.8K
41HDHOME DEPOT INCCOM0.76%$3M9.0K
42KMBKIMBERLY-CLARK CORPCOM0.76%$3M22.3K
43NSCNORFOLK SOUTHERN CORPCOM0.73%$3M9.2K
44MURMURPHY OIL CORPCOM0.71%$3M64.2K
45SONSONOCO PRODUCTS INCCOM0.71%$3M41.3K
46GRCGORMAN-RUPP CO COMCOM0.70%$3M70.4K
47NEMNEWMONT GOLDCORPCOM0.67%$2M30.7K
48CTASCINTAS CORPCOM0.65%$2M5.5K
49DRIDARDEN RESTURANTS INCCOM0.63%$2M17.5K
50WESTROCK CO COMCOM0.63%$2M48.6K
51AXPAMERICAN EXPRESS CO.COM0.61%$2M11.8K
52AITAPPLIED INDL. TECH.COM0.60%$2M21.7K
53ADIANALOG DEVICES INCCOM0.59%$2M13.0K
54LOWLOWES COMPANIES INCCOM0.59%$2M10.3K
55CASYCASEYS GENERAL STORES INCCOM0.58%$2M10.6K
56CLFCLEVELAND-CLIFFS, INC.COM0.57%$2M64.7K
57KOCOCA-COLA COMPANYCOM0.56%$2M33.0K
58HONHONEYWELL INC.COM0.56%$2M10.4K
59PHPARKER-HANNIFIN CORPCOM0.56%$2M7.0K
60FISFIDELITY NATL INFO SVCSCOM0.52%$2M18.8K
61AINALBANY INT'L CORP.COM0.52%$2M22.1K
62MSAMINE SAFTEY APPLIANCE COCOM0.51%$2M13.7K
63GISGENERAL MILLS INCCOM0.51%$2M27.4K
64KEXKIRBY CORPCOM0.50%$2M24.7K
65CATCATERPILLAR INCCOM0.50%$2M8.1K
66VLOVALERO ENERGYCOM0.50%$2M18.0K
67MPCMARATHON PETE CORP COMCOM0.49%$2M21.0K
68CECELANESE CORP.COM0.49%$2M12.3K
69MRKMERCK & CO INCCOM0.48%$2M21.4K
70NTRNUTRIEN LTD CO COMCOM0.47%$2M16.6K
71CHUBB CORPORATIONCOM0.44%$2M7.4K
72MUSAMURPHY USA INC.COM0.44%$2M8.0K
73FELEFRANKLIN ELEC CO INCCOM0.43%$2M18.4K
74OKEONEOK, INCCOM0.43%$2M21.8K
75SLBSCHLUMBERGER LTD FCOM0.43%$2M36.9K
76CTVACORTEVA INC COMCOM0.43%$2M26.6K
77PFEPFIZER INCCOM0.42%$2M29.4K
78COPCONOCOPHILLIPSCOM0.41%$2M15.0K
79MARATHON OIL CO.COM0.41%$2M59.1K
80DU PONT E I DE NEMOUR&COCOM0.40%$1M19.2K
81TKRTIMKEN COMPANYCOM0.40%$1M23.5K
82NTRSNORTHERN TRUST CORPCOM0.39%$1M11.7K
83METMETLIFE INCCOM0.38%$1M19.4K
84SYKSTRYKER CORPCOM0.38%$1M5.2K
85ATOATMOS ENERGY CORPCOM0.38%$1M11.5K
86SCHWTHE CHARLES SCHWAB CORPCOM0.38%$1M15.5K
87CANADIAN PAC LTD NEWCOM0.38%$1M16.5K
88ENBENBRIDGE INC.COM0.37%$1M29.2K
89OGNORGANON & CO.COM0.36%$1M37.1K
90AVTAVNET INCCOM0.36%$1M31.5K
91DOVDOVER CORPORATIONCOM0.36%$1M8.1K
92NGVTINGEVITY CORP COMCOM0.34%$1M19.1K
93BMYBRISTOL MYERS SQUIBB COCOM0.34%$1M16.8K
94US STEEL CORP.COM0.34%$1M33.4K
95CMACOMERICA INC.COM0.33%$1M13.1K
96MTUSTIMKENSTEEL CORP COMCOM0.33%$1M55.1K
97MMM3M COMPANYCOM0.33%$1M7.9K
98PSXPHILLIPS 66 COMCOM0.32%$1M13.4K
99MOSMOSAIC CO NEWCOM0.31%$1M17.2K
100CSXCSX CORPCOM0.31%$1M29.6K

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 ↗.