SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Fruth Investment Management

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

Reported Value
$368M
Q2 2025
Positions
217
Filings on Record
30
2019–present window
Filed
Jul 11, 2025
original filing

Summary

Fruth Investment Management reported $368M in U.S.-listed holdings across 217 positions for Q2 2025.

Its largest position, GWW, represents 5.0% of the portfolio.

Compared with Q4 2024, the fund opened 10 new positions and exited 9.

Portfolio Metrics

Turnover
+5.4%
vs prior filed quarter
Top-10 Concentration
+27.5%
share of reported value
Largest Position
+5.0%
Grainger Ww
New / Exited
10 / 9
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: 91.3%Other: 7.7%ADR: 0.6%Royalty Trst: 0.1%ETP: 0.1%Closed-End Fund: 0.1%
  • Common Stock · 91.3% · $336M
  • Other · 7.7% · $28M
  • ADR · 0.6% · $2M
  • Royalty Trst · 0.1% · $476,000
  • ETP · 0.1% · $386,000
  • Closed-End Fund · 0.1% · $317,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline) · note: prior filed quarter, not the immediately preceding one

IssuerMoveShare ΔShares nowValue ΔValue now
BBARRICK MINING CORPNEW+18.8K18.8K+$391,000$391,000
DNOWDNOW INC COMNEW+21.8K21.8K+$323,000$323,000
WPMWHEATON PRECIOUS MET.NEW+3.4K3.4K+$300,000$300,000
ASA GOLD & PRECS MTLSNEW+7.5K7.5K+$236,000$236,000
ORCLORACLE SYSTEMS CORPNEW+1.1K1.1K+$235,000$235,000
GILDGILEAD SCIENCE SVCSNEW+2.1K2.1K+$234,000$234,000
CBOECBOE HOLDINGS INC COMMONNEW+1.0K1.0K+$233,000$233,000
EBAYEBAY INCNEW+3.1K3.1K+$229,000$229,000

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

Holdings — Q2 2025

217 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GWWGRAINGER WW INChistory →COM5.02%$18M17.7K
2LINDE PLC COMCOM3.46%$13M27.1K
3MAMASTERCARD INChistory →COM3.20%$12M20.9K
4MSFTMICROSOFT CORPhistory →COM2.69%$10M19.9K
5EXMOCEXXON MOBIL CORPhistory →COM2.50%$9M85.3K
6TTTRANE TECHNOLOGIES PLChistory →COM2.42%$9M20.3K
7TSCOTRACTOR SUPPLY COMPANYhistory →COM2.32%$9M161.8K
8ADPAUTO DATA PROCESSINGhistory →COM2.18%$8M26.0K
9SBUXSTARBUCKS CORPhistory →COM1.91%$7M76.5K
10AAPLAPPLE, INChistory →COM1.85%$7M33.1K
11DEDEERE & COhistory →COM1.79%$7M13.0K
12CVXCHEVRONTEXACO CORPhistory →COM1.74%$6M44.8K
13APDAIR PRODUCTS & CHEMICALShistory →COM1.59%$6M20.7K
14EATON CORPORATIONCOM1.56%$6M16.1K
15CASYCASEYS GENERAL STORES INChistory →COM1.50%$6M10.8K
16HSYHERSHEY FOODS CORPhistory →COM1.43%$5M31.7K
17EMREMERSON ELECTRIChistory →COM1.41%$5M39.0K
18COSTCOSTCO WHOLSALE CORP NEWhistory →COM1.36%$5M5.0K
19AAGILENT TECHNOLOGIEShistory →COM1.32%$5M41.3K
20AITAPPLIED INDL. TECH.history →COM1.31%$5M20.8K
21PHPARKER-HANNIFIN CORPhistory →COM1.20%$4M6.3K
22ABTABBOTT LABORATORIEShistory →COM1.11%$4M30.1K
23CTASCINTAS CORPhistory →COM1.04%$4M17.2K
24JNJJOHNSON & JOHNSONhistory →COM1.04%$4M25.0K
25PEPPEPSICO INCORPORATEDhistory →COM1.01%$4M28.3K
26VIKVIKING HOLDINGS INC.history →COM1.01%$4M69.8K
27KEYSKEYSIGHT TECHNOLOGIES INC COMhistory →COM1.01%$4M22.7K
28AMATAPPLIED MATERIALS INCCOM0.98%$4M19.8K
29UNPUNION PACIFIC CORPCOM0.98%$4M15.6K
30AXPAMERICAN EXPRESS CO.COM0.97%$4M11.2K
31DRIDARDEN RESTURANTS INCCOM0.96%$4M16.1K
32MPCMARATHON PETE CORP COMCOM0.92%$3M20.3K
33HDHOME DEPOT INCCOM0.89%$3M8.9K
34CATCATERPILLAR INCCOM0.83%$3M7.9K
35SYYSYSCO CORP.COM0.82%$3M40.0K
36MUSAMURPHY USA INC.COM0.81%$3M7.4K
37MKCMC CORMICK & CO NEW VTCOM0.79%$3M38.3K
38DISDISNEY WALT HOLDING COCOM0.77%$3M23.0K
39ADIANALOG DEVICES INCCOM0.77%$3M11.9K
40STERIS PLCCOM0.75%$3M11.6K
41TXNTEXAS INSTRUMENTS INCCOM0.75%$3M13.3K
42KMBKIMBERLY-CLARK CORPCOM0.70%$3M19.9K
43COPCONOCOPHILLIPSCOM0.69%$3M28.1K
44GRCGORMAN-RUPP CO COMCOM0.66%$2M65.8K
45HONHONEYWELL INC.COM0.64%$2M10.1K
46MIDDMIDDLEBY CORP THECOM0.63%$2M16.0K
47KOCOCA-COLA COMPANYCOM0.62%$2M32.0K
48VLOVALERO ENERGYCOM0.61%$2M16.8K
49CPKCHESAPEAKE UTIL CORPCOM0.59%$2M18.1K
50BGBUNGECOM0.59%$2M27.1K
51NSCNORFOLK SOUTHERN CORPCOM0.59%$2M8.5K
52LOWLOWES COMPANIES INCCOM0.55%$2M9.2K
53MSAMINE SAFTEY APPLIANCE COCOM0.55%$2M12.1K
54SYKSTRYKER CORPCOM0.54%$2M5.0K
55CTVACORTEVA INC COMCOM0.53%$2M26.0K
56CHUBB CORPORATIONCOM0.52%$2M6.6K
57KEXKIRBY CORPCOM0.50%$2M16.2K
58NEMNEWMONT GOLDCORPCOM0.49%$2M30.7K
59SWSMURFIT WESTROCK LTDCOM0.47%$2M40.1K
60SONSONOCO PRODUCTS INCCOM0.46%$2M39.2K
61TKRTIMKEN COMPANYCOM0.45%$2M23.0K
62OKEONEOK, INCCOM0.45%$2M20.2K
63FELEFRANKLIN ELEC CO INCCOM0.43%$2M17.8K
64AVTAVNET INCCOM0.43%$2M30.0K
65ASIXADVANSIX INC COMCOM0.42%$2M64.9K
66INGERSOLL-RAND COMPANYCOM0.42%$2M18.4K
67MRKMERCK & CO INCCOM0.41%$2M19.2K
68IFFINTL FLAVOR & FRAGRANCESCOM0.41%$1M20.4K
69ATOATMOS ENERGY CORPCOM0.40%$1M9.6K
70OLNOLIN CORP NEWCOM0.40%$1M73.4K
71METMETLIFE INCCOM0.40%$1M18.1K
72DOVDOVER CORPORATIONCOM0.39%$1M7.9K
73PSXPHILLIPS 66 COMCOM0.39%$1M12.2K
74AINALBANY INT'L CORP.COM0.38%$1M20.1K
75MURMURPHY OIL CORPCOM0.38%$1M61.8K
76DOWDOW CHEMICALCOM0.38%$1M52.2K
77PAGPENSKE AUTOMOTIVE GROUPCOM0.37%$1M8.0K
78MKLMARKEL CORP.COM0.37%$1M684
79GISGENERAL MILLS INCCOM0.36%$1M25.9K
80SCHWTHE CHARLES SCHWAB CORPCOM0.36%$1M14.5K
81ATIALLEGHENY TECH INCCOM0.34%$1M14.6K
82DU PONT E I DE NEMOUR&COCOM0.34%$1M18.2K
83CANADIAN PAC LTD NEWCOM0.34%$1M15.7K
84BF/BBROWN FORMAN CORP CL BCOM0.34%$1M46.0K
85FISFIDELITY NATL INFO SVCSCOM0.33%$1M15.1K
86ENBENBRIDGE INC.COM0.33%$1M26.4K
87SLBSCHLUMBERGER LTD FCOM0.32%$1M34.7K
88NTRSNORTHERN TRUST CORPCOM0.31%$1M9.0K
89SHWSHERWIN WILLIAMS COCOM0.31%$1M3.3K
90STLDSTEEL DYNAMICS INCCOM0.30%$1M8.6K
91ICEINTERCONTINENTAL EXCHANGECOM0.30%$1M6.0K
92GLWCORNING INC.COM0.30%$1M20.7K
93RTXRTX CORP.COM0.29%$1M7.3K
94AGIALAMOS GOLD INC.COM0.29%$1M40.0K
95BNYBANK OF NEW YORK CO INCCOM0.28%$1M11.4K
96ALLEALLEGION PUBLIC LTD. CO.COM0.28%$1M7.1K
97HESHESS CORPORATIONCOM0.27%$997,0007.2K
98FNVFRANCO NEVADA CORP.COM0.26%$963,0005.9K
99CSXCSX CORPCOM0.26%$952,00029.2K
100MMM3M COMPANYCOM0.25%$927,0006.1K

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 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 ↗.