SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Fruth Investment Management

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

Reported Value
$371M
Q4 2025
Positions
220
Filings on Record
30
2019–present window
Filed
Jan 26, 2026
original filing

Summary

Fruth Investment Management reported $371M in U.S.-listed holdings across 220 positions for Q4 2025.

Its largest position, GWW, represents 4.6% of the portfolio.

Compared with Q3 2025, the fund opened 8 new positions and exited 3.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+25.4%
share of reported value
Largest Position
+4.6%
Grainger Ww
New / Exited
8 / 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: $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: 91.9%Other: 6.9%ADR: 0.8%Royalty Trst: 0.2%Closed-End Fund: 0.1%ETP: 0.1%
  • Common Stock · 91.9% · $341M
  • Other · 6.9% · $26M
  • ADR · 0.8% · $3M
  • Royalty Trst · 0.2% · $633,000
  • Closed-End Fund · 0.1% · $332,000
  • ETP · 0.1% · $317,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CAGCONAGRA INCORPORATEDNEW+48.0K48.0K+$830,000$830,000
QQNITY ELECTRONICS INC.NEW+8.7K8.7K+$709,000$709,000
AVYAVERY DENNISON CORPNEW+1.2K1.2K+$218,000$218,000
JOEST JOE COMPANYNEW+3.5K3.5K+$204,000$204,000
CMICUMMINS INCNEW+400400+$204,000$204,000
JCIJOHNSON CONTROLSNEW+1.7K1.7K+$203,000$203,000
ALCOALICO INC.NEW+5.5K5.5K+$200,000$200,000
PTENPATTERSON UTIL ENRGYNEW+10.1K10.1K+$61,000$61,000

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

Holdings — Q4 2025

220 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GWWGRAINGER WW INChistory →COM4.65%$17M17.1K
2MAMASTERCARD INChistory →COM3.22%$12M20.9K
3LINDE PLC COMCOM3.02%$11M26.3K
4EXMOCEXXON MOBIL CORPhistory →COM2.62%$10M80.7K
5CVXCHEVRONTEXACO CORPhistory →COM2.19%$8M53.4K
6MSFTMICROSOFT CORPhistory →COM2.17%$8M16.7K
7TSCOTRACTOR SUPPLY COMPANYhistory →COM2.09%$8M155.1K
8TTTRANE TECHNOLOGIES PLChistory →COM1.97%$7M18.8K
9ADPAUTO DATA PROCESSINGhistory →COM1.75%$6M25.2K
10AAPLAPPLE, INChistory →COM1.74%$6M23.7K
11DEDEERE & COhistory →COM1.57%$6M12.5K
12SBUXSTARBUCKS CORPhistory →COM1.57%$6M69.0K
13CASYCASEYS GENERAL STORES INChistory →COM1.56%$6M10.5K
14HSYHERSHEY FOODS CORPhistory →COM1.52%$6M30.9K
15AAGILENT TECHNOLOGIEShistory →COM1.46%$5M39.8K
16PHPARKER-HANNIFIN CORPhistory →COM1.44%$5M6.1K
17AITAPPLIED INDL. TECH.history →COM1.38%$5M20.0K
18JNJJOHNSON & JOHNSONhistory →COM1.36%$5M24.3K
19EATON CORPORATIONCOM1.34%$5M15.6K
20EMREMERSON ELECTRIChistory →COM1.31%$5M36.7K
21APDAIR PRODUCTS & CHEMICALShistory →COM1.31%$5M19.7K
22AMATAPPLIED MATERIALS INChistory →COM1.30%$5M18.7K
23VIKVIKING HOLDINGS INC.history →COM1.28%$5M66.5K
24KEYSKEYSIGHT TECHNOLOGIES INC COMhistory →COM1.21%$4M22.0K
25COSTCOSTCO WHOLSALE CORP NEWhistory →COM1.17%$4M5.0K
26CATCATERPILLAR INChistory →COM1.17%$4M7.6K
27AXPAMERICAN EXPRESS CO.history →COM1.10%$4M11.0K
28PEPPEPSICO INCORPORATEDhistory →COM1.06%$4M27.3K
29ABTABBOTT LABORATORIEShistory →COM1.00%$4M29.7K
30UNPUNION PACIFIC CORPCOM0.97%$4M15.6K
31CTASCINTAS CORPCOM0.88%$3M17.2K
32MPCMARATHON PETE CORP COMCOM0.87%$3M19.8K
33ADIANALOG DEVICES INCCOM0.87%$3M11.9K
34NEMNEWMONT GOLDCORPCOM0.86%$3M31.9K
35HDHOME DEPOT INCCOM0.82%$3M8.9K
36GRCGORMAN-RUPP CO COMCOM0.81%$3M63.1K
37MUSAMURPHY USA INC.COM0.80%$3M7.3K
38DRIDARDEN RESTURANTS INCCOM0.79%$3M15.8K
39STERIS PLCCOM0.77%$3M11.3K
40SYYSYSCO CORP.COM0.77%$3M38.7K
41VLOVALERO ENERGYCOM0.70%$3M16.1K
42COPCONOCOPHILLIPSCOM0.70%$3M27.8K
43MKCMC CORMICK & CO NEW VTCOM0.68%$3M37.0K
44DISDISNEY WALT HOLDING COCOM0.68%$3M22.0K
45BGBUNGECOM0.64%$2M26.8K
46MIDDMIDDLEBY CORP THECOM0.62%$2M15.4K
47NSCNORFOLK SOUTHERN CORPCOM0.61%$2M7.8K
48CPKCHESAPEAKE UTIL CORPCOM0.60%$2M17.8K
49LOWLOWES COMPANIES INCCOM0.60%$2M9.2K
50TXNTEXAS INSTRUMENTS INCCOM0.58%$2M12.4K
51CHUBB CORPORATIONCOM0.54%$2M6.4K
52KOCOCA-COLA COMPANYCOM0.53%$2M28.3K
53KMBKIMBERLY-CLARK CORPCOM0.52%$2M19.3K
54MRKMERCK & CO INCCOM0.52%$2M18.4K
55MSAMINE SAFTEY APPLIANCE COCOM0.52%$2M12.0K
56HONHONEYWELL INC.COM0.51%$2M9.8K
57MURMURPHY OIL CORPCOM0.51%$2M60.8K
58TKRTIMKEN COMPANYCOM0.50%$2M22.2K
59GLWCORNING INC.COM0.47%$2M20.0K
60SYKSTRYKER CORPCOM0.46%$2M4.9K
61KEXKIRBY CORPCOM0.46%$2M15.6K
62CTVACORTEVA INC COMCOM0.45%$2M25.0K
63SONSONOCO PRODUCTS INCCOM0.45%$2M38.3K
64FELEFRANKLIN ELEC CO INCCOM0.45%$2M17.3K
65AGIALAMOS GOLD INC.COM0.42%$2M40.0K
66ATOATMOS ENERGY CORPCOM0.42%$2M9.2K
67DOVDOVER CORPORATIONCOM0.41%$2M7.8K
68PSXPHILLIPS 66 COMCOM0.40%$1M11.6K
69SLBSCHLUMBERGER LTD FCOM0.40%$1M38.6K
70MKLMARKEL CORP.COM0.40%$1M684
71OLNOLIN CORP NEWCOM0.39%$1M70.3K
72ATIALLEGHENY TECH INCCOM0.39%$1M12.8K
73OKEONEOK, INCCOM0.39%$1M19.9K
74SWSMURFIT WESTROCK LTDCOM0.39%$1M37.3K
75ANGLOGOLD LTDCOM0.39%$1M16.8K
76SCHWTHE CHARLES SCHWAB CORPCOM0.39%$1M14.3K
77STLDSTEEL DYNAMICS INCCOM0.38%$1M8.4K
78INGERSOLL-RAND COMPANYCOM0.38%$1M18.0K
79AVTAVNET INCCOM0.38%$1M29.2K
80METMETLIFE INCCOM0.37%$1M17.3K
81FNVFRANCO NEVADA CORP.COM0.36%$1M6.5K
82RTXRTX CORP.COM0.36%$1M7.3K
83BNYBANK OF NEW YORK CO INCCOM0.35%$1M11.3K
84IFFINTL FLAVOR & FRAGRANCESCOM0.35%$1M19.4K
85AEMAGNICO-EAGLE MINES LTDCOM0.34%$1M7.5K
86KGCKINROSS GOLD CORP NEWCOM0.34%$1M44.6K
87PAGPENSKE AUTOMOTIVE GROUPCOM0.33%$1M7.8K
88ENBENBRIDGE INC.COM0.33%$1M25.5K
89CMCCOMMERCIAL METALS COCOM0.32%$1M17.4K
90GISGENERAL MILLS INCCOM0.32%$1M25.7K
91NTRSNORTHERN TRUST CORPCOM0.32%$1M8.7K
92BF/BBROWN FORMAN CORP CL BCOM0.31%$1M44.7K
93CANADIAN PAC LTD NEWCOM0.31%$1M15.7K
94DOWDOW CHEMICALCOM0.31%$1M49.3K
95ELLAUDER ESTEE CORP CL ACOM0.31%$1M11.0K
96ALLEALLEGION PUBLIC LTD. CO.COM0.30%$1M6.9K
97ASIXADVANSIX INC COMCOM0.29%$1M63.1K
98SHWSHERWIN WILLIAMS COCOM0.29%$1M3.3K
99CSXCSX CORPCOM0.28%$1M28.9K
100DNOWDNOW INC COMCOM0.27%$1M76.4K

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 ↗.