Close

Form NPORT-P BRIDGES INVESTMENT FUND For: Mar 31

May 26, 2022 12:50 PM EDT

  
    NPORT-P
    false
    
      
      
        
          0000014170
          XXXXXXXX
        
      
      
      
      
        S000006176
        C000017015
      
      
      
    
  
  
    
      Bridges Investment Fund Inc
      811-01209
      0000014170
      54930075FX4DSGKQ4I88
      P.O. Box 542021
      Omaha
      
      68154
      402-397-4700
      Bridges Investment Fund, Inc.
      S000006176
      54930075FX4DSGKQ4I88
      2022-12-31
      2022-03-31
      N
    
    
      246104526.920000000000
      404082.310000000000
      245700444.610000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      38866.210000000000
      N
      
        
          
        
        
        
        
      
      
      
      
    
    
      
        Adobe Inc
        FU4LY2G4933NH2E1CP29
        Adobe Inc
        00724F101
        
          
          
        
        12000.000000000000
        NS
        USD
        5467440.000000000000
        2.2252462785
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alphabet Inc
        5493006MHB84DD0ZWV18
        Alphabet Inc
        02079K107
        
          
          
        
        4010.000000000000
        NS
        USD
        11199889.900000000000
        4.5583514990
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alphabet Inc
        5493006MHB84DD0ZWV18
        Alphabet Inc
        02079K305
        
          
          
        
        4000.000000000000
        NS
        USD
        11125400.000000000000
        4.5280341343
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Amazon.com Inc
        ZXTILKJKG63JELOEG630
        Amazon.com Inc
        023135106
        
          
          
        
        5000.000000000000
        NS
        USD
        16299750.000000000000
        6.6339928794
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Tower Corp
        5493006ORUSIL88JOE18
        American Tower Corp
        03027X100
        
          
          
        
        5500.000000000000
        NS
        USD
        1381710.000000000000
        0.5623555147
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Apple Inc
        HWUPKR0MPOU8FGXBT394
        Apple Inc
        037833100
        
          
          
        
        164000.000000000000
        NS
        USD
        28636040.000000000000
        11.6548588447
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Autodesk Inc
        FRKKVKAIQEF3FCSTPG55
        Autodesk Inc
        052769106
        
          
          
        
        13000.000000000000
        NS
        USD
        2786550.000000000000
        1.1341249319
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Berkshire Hathaway Inc
        5493000C01ZX7D35SD85
        Berkshire Hathaway Inc
        084670702
        
          
          
        
        20000.000000000000
        NS
        USD
        7058200.000000000000
        2.8726850744
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BlackRock Inc
        549300LRIF3NWCU26A80
        BlackRock Inc
        09247X101
        
          
          
        
        5000.000000000000
        NS
        USD
        3820850.000000000000
        1.5550846911
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cable One Inc
        549300648QS85T0XSH18
        Cable One Inc
        12685J105
        
          
          
        
        800.000000000000
        NS
        USD
        1171392.000000000000
        0.4767561580
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Casey's General Stores Inc
        549300CAFWSI86V66Q65
        Casey's General Stores Inc
        147528103
        
          
          
        
        6000.000000000000
        NS
        USD
        1189020.000000000000
        0.4839307482
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Chemed Corp
        54930020031IDJT2IM79
        Chemed Corp
        16359R103
        
          
          
        
        3000.000000000000
        NS
        USD
        1519650.000000000000
        0.6184970493
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Edwards Lifesciences Corp
        YA13X31F3V31L8TMPR58
        Edwards Lifesciences Corp
        28176E108
        
          
          
        
        26000.000000000000
        NS
        USD
        3060720.000000000000
        1.2457120315
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Meta Platforms Inc
        BQ4BKCS1HXDV9HN80Z93
        Meta Platforms Inc
        30303M102
        
          
          
        
        27500.000000000000
        NS
        USD
        6114900.000000000000
        2.4887622852
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First American Treasury Obliga
        N/A
        First American Treasury Obligations Fund
        31846V328
        
          
          
        
        2042168.570000000000
        NS
        USD
        2042168.570000000000
        0.8311619351
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Generac Holdings Inc
        529900S2H2AHJHSFFI84
        Generac Holdings Inc
        368736104
        
          
          
        
        2000.000000000000
        NS
        USD
        594520.000000000000
        0.2419694441
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Home Depot Inc/The
        QEKMOTMBBKA8I816DO57
        Home Depot Inc/The
        437076102
        
          
          
        
        13000.000000000000
        NS
        USD
        3891290.000000000000
        1.5837537479
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IAA Inc
        549300PZCOPC5178W747
        IAA Inc
        449253103
        
          
          
        
        68000.000000000000
        NS
        USD
        2601000.000000000000
        1.0586061430
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Intercontinental Exchange Inc
        5493000F4ZO33MV32P92
        Intercontinental Exchange Inc
        45866F104
        
          
          
        
        27000.000000000000
        NS
        USD
        3567240.000000000000
        1.4518655046
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        IQVIA Holdings Inc
        549300W3R20NM4KQPH86
        IQVIA Holdings Inc
        46266C105
        
          
          
        
        3250.000000000000
        NS
        USD
        751432.500000000000
        0.3058327799
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        JPMorgan Chase & Co
        8I5DZWZKVSZI1NUHU748
        JPMorgan Chase & Co
        46625H100
        
          
          
        
        30000.000000000000
        NS
        USD
        4089600.000000000000
        1.6644658525
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lowe's Cos Inc
        WAFCR4OKGSC504WU3E95
        Lowe's Cos Inc
        548661107
        
          
          
        
        16000.000000000000
        NS
        USD
        3235040.000000000000
        1.3166602141
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mastercard Inc
        AR5L2ODV9HN37376R084
        Mastercard Inc
        57636Q104
        
          
          
        
        48000.000000000000
        NS
        USD
        17154240.000000000000
        6.9817700278
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Microsoft Corp
        INR2EJN1ERAN0W5ZP974
        Microsoft Corp
        594918104
        
          
          
        
        52000.000000000000
        NS
        USD
        16032120.000000000000
        6.5250675575
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NVIDIA Corp
        549300S4KLFTLO7GSQ80
        NVIDIA Corp
        67066G104
        
          
          
        
        37000.000000000000
        NS
        USD
        10095820.000000000000
        4.1089954135
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Old Dominion Freight Line Inc
        5299009TWK32WE417T96
        Old Dominion Freight Line Inc
        679580100
        
          
          
        
        23000.000000000000
        NS
        USD
        6869640.000000000000
        2.7959412165
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Palo Alto Networks Inc
        549300QXR2YVZV231H43
        Palo Alto Networks Inc
        697435105
        
          
          
        
        11000.000000000000
        NS
        USD
        6847610.000000000000
        2.7869750138
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PayPal Holdings Inc
        5493005X2GO78EFZ3E94
        PayPal Holdings Inc
        70450Y103
        
          
          
        
        35000.000000000000
        NS
        USD
        4047750.000000000000
        1.6474329163
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Progressive Corp/The
        529900TACNVLY9DCR586
        Progressive Corp/The
        743315103
        
          
          
        
        30000.000000000000
        NS
        USD
        3419700.000000000000
        1.3918167732
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        S&P Global Inc
        Y6X4K52KMJMZE7I7MY94
        S&P Global Inc
        78409V104
        
          
          
        
        13000.000000000000
        NS
        USD
        5332340.000000000000
        2.1702606230
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SVB Financial Group
        549300D2KJ20JMXE7542
        SVB Financial Group
        78486Q101
        
          
          
        
        12000.000000000000
        NS
        USD
        6713400.000000000000
        2.7323515880
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        salesforce.com Inc
        RCGZFPDMRW58VJ54VR07
        salesforce.com Inc
        79466L302
        
          
          
        
        15000.000000000000
        NS
        USD
        3184800.000000000000
        1.2962125506
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ServiceNow Inc
        549300HJTQM36M0E1G39
        ServiceNow Inc
        81762P102
        
          
          
        
        1000.000000000000
        NS
        USD
        556890.000000000000
        0.2266540465
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sherwin-Williams Co/The
        Z15BMIOX8DDH0X2OBP21
        Sherwin-Williams Co/The
        824348106
        
          
          
        
        3000.000000000000
        NS
        USD
        748860.000000000000
        0.3047857733
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Starbucks Corp
        OQSJ1DU9TAOC51A47K68
        Starbucks Corp
        855244109
        
          
          
        
        15000.000000000000
        NS
        USD
        1364550.000000000000
        0.5553714004
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Terminix Global Holdings Inc
        549300GS10644JGL8R77
        Terminix Global Holdings Inc
        88087E100
        
          
          
        
        60000.000000000000
        NS
        USD
        2737800.000000000000
        1.1142836979
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Texas Pacific Land Corp
        N/A
        Texas Pacific Land Corp
        88262P102
        
          
          
        
        1000.000000000000
        NS
        USD
        1352110.000000000000
        0.5503083245
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Thermo Fisher Scientific Inc
        HCHV7422L5HDJZCRFL38
        Thermo Fisher Scientific Inc
        883556102
        
          
          
        
        8000.000000000000
        NS
        USD
        4725200.000000000000
        1.9231548431
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TransUnion
        549300ZS772LUNUMRB03
        TransUnion
        89400J107
        
          
          
        
        40000.000000000000
        NS
        USD
        4133600.000000000000
        1.6823738380
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ulta Beauty Inc
        529900CIV6HN8M28YM82
        Ulta Beauty Inc
        90384S303
        
          
          
        
        3000.000000000000
        NS
        USD
        1194660.000000000000
        0.4862262264
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Union Pacific Corp
        549300LMMRSZZCZ8CL11
        Union Pacific Corp
        907818108
        
          
          
        
        23500.000000000000
        NS
        USD
        6420435.000000000000
        2.6131149295
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UnitedHealth Group Inc
        549300GHBMY8T5GXDE41
        UnitedHealth Group Inc
        91324P102
        
          
          
        
        13000.000000000000
        NS
        USD
        6629610.000000000000
        2.6982490856
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Visa Inc
        549300JZ4OKEHW3DPJ59
        Visa Inc
        92826C839
        
          
          
        
        38000.000000000000
        NS
        USD
        8427260.000000000000
        3.4298920433
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wells Fargo & Co
        PBLD0EJDB5FWOLXP3B76
        Wells Fargo & Co
        949746101
        
          
          
        
        75000.000000000000
        NS
        USD
        3634500.000000000000
        1.4792403025
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alcon Inc
        549300LDT5AP8S0NBM78
        Alcon Inc
        H01301128
        
          
          
        
        35500.000000000000
        NS
        USD
        2816215.000000000000
        1.1461985771
        Long
        EC
        CORP
        CH
        N
        
        1
        
          N
          N
          N
        
      
    
    
      2022-05-25
      Bridges Investment Fund Inc
      /s/ Nancy K. Dodge
      Nancy K. Dodge
      Secretary, Treasurer, and CCO
    
  
  XXXX



BRIDGES INVESTMENT FUND, INC.
 
SCHEDULE OF INVESTMENTS
 
MARCH 31, 2022
(unaudited)

Title of Security
Shares
   
Cost
   
Value
COMMON STOCKS - 99.35%
             
Administrative and Support Services - 14.86%
             
 
MasterCard, Inc. - Class A
                 48,000
  $
             788,884
  $
         17,154,240
 
PayPal Holdings, Inc. (a)
                 35,000
   
               871,561
   
            4,047,750
 
Terminix Global Holdings, Inc. (a)
                 60,000
   
            2,174,916
   
            2,737,800
 
TransUnion
                 40,000
   
            3,502,992
   
            4,133,600
 
Visa, Inc. - Class A
                 38,000
   
            1,061,121
   
            8,427,260
         
            8,399,474
   
          36,500,650
Broadcasting (except Internet) - 0.48%
             
 
Cable One, Inc.
                      800
   
            1,607,999
   
            1,171,392
Building Material and Garden Equipment and Supplies Dealers - 2.90%
             
 
Home Depot, Inc.
                 13,000
   
            1,941,152
   
            3,891,290
 
Lowe's Companies, Inc.
                 16,000
   
            1,631,716
   
            3,235,040
         
            3,572,868
   
            7,126,330
Chemical Manufacturing - 0.30%
             
 
The Sherwin-Williams Co.
                   3,000
   
               711,670
   
               748,860
Computer and Electronic Product Manufacturing - 26.78%
             
 
Alphabet, Inc. - Class A (a)
                   4,000
   
               847,060
   
          11,125,400
 
Alphabet, Inc. - Class C (a)
                   4,010
   
               844,083
   
          11,199,890
 
Apple, Inc.
               164,000
   
               661,466
   
          28,636,039
 
NVIDIA Corp.
                 37,000
   
            2,105,831
   
          10,095,820
 
Thermo Fisher Scientific, Inc.
                   8,000
   
            1,773,523
   
            4,725,200
         
            6,231,963
   
          65,782,349
Credit Intermediation and Related Activities - 5.88%
             
 
JPMorgan Chase & Co.
                 30,000
   
            1,721,192
   
            4,089,600
 
SVB Financial Group (a)
                 12,000
   
            2,426,971
   
            6,713,400
 
Wells Fargo & Co.
                 75,000
   
            2,190,904
   
            3,634,500
         
            6,339,067
   
          14,437,500
Electrical Equipment, Appliance, and Component Manufacturing - 0.24%
             
 
Generac Holdings, Inc. (a)
                   2,000
   
               607,437
   
               594,520
Food Services and Drinking Places - 1.04%
             
 
Casey's General Stores, Inc.
                   6,000
   
               989,889
   
            1,189,020
 
Starbucks Corp.
                 15,000
   
               287,321
   
            1,364,550
         
            1,277,210
   
            2,553,570
Funds, Trusts, and Other Financial Vehicles -   1.15%
             
 
Alcon, Inc. - ADR
                 35,500
   
            2,087,585
   
            2,816,215
Health and Personal Care Stores - 0.49%
             
 
Ulta Beauty, Inc. (a)
                   3,000
   
            1,109,837
   
            1,194,660
Insurance Carriers and Related Activities - 6.96%
             
 
Berkshire Hathaway, Inc. - Class B (a)
                 20,000
   
               678,649
   
            7,058,200
 
The Progressive Corp.
                 30,000
   
            2,368,209
   
            3,419,700
 
UnitedHealth Group, Inc.
                 13,000
   
            3,145,097
   
            6,629,610
         
            6,191,955
   
          17,107,510
Merchant Wholesalers, Durable Goods - 1.06%
             
 
IAA, Inc.(a)
                 68,000
   
            2,831,213
   
            2,601,000
Miscellaneous Manufacturing - 1.25%
             
 
Edwards Lifesciences Corp. (a)
                 26,000
   
            1,872,066
   
            3,060,720
Nonstore Retailers - 6.64%
             
 
Amazon.com, Inc.(a)
                   5,000
   
            1,231,664
   
          16,299,750
Other Information Services - 2.49%
             
 
Meta Platforms, Inc. - Class A (a)
                 27,500
   
            3,597,112
   
            6,114,900
Professional, Scientific & Technical Services - 3.33%
             
 
IQVIA Holdings, Inc. (a)
                   3,250
   
               616,405
   
               751,433
 
Palo Alto Networks, Inc. (a)
                 11,000
   
            2,379,071
   
            6,847,610
 
ServiceNow, Inc.(a)
                   1,000
   
               530,231
   
               556,890
         
            3,525,707
   
            8,155,933
Publishing Industries (except Internet) - 11.19%
             
 
Adobe, Inc. (a)
                 12,000
   
            3,463,758
   
            5,467,440
 
Autodesk, Inc. (a)
                 13,000
   
            1,985,801
   
            2,786,550
 
Microsoft Corp.
                 52,000
   
            6,470,467
   
          16,032,120
 
salesforce.com, Inc. (a)
                 15,000
   
            2,246,082
   
            3,184,800
         
          14,166,108
   
          27,470,910
Rail Transportation - 2.60%
             
 
Union Pacific Corp.
                 23,500
   
               692,213
   
            6,420,435
Real Estate - 0.56%
             
 
American Tower Corp.
                   5,500
   
            1,235,930
   
            1,381,710
Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 6.35%
             
 
BlackRock, Inc.
                   5,000
   
            1,435,942
   
            3,820,850
 
Chemed Corp.
                   3,000
   
            1,360,001
   
            1,519,650
 
Intercontinental Exchange, Inc.
                 27,000
   
            2,654,242
   
            3,567,240
 
S&P Global, Inc.
                 13,000
   
            2,334,390
   
            5,332,340
 
Texas Pacific Land Corp.
                   1,000
   
               810,904
   
            1,352,110
         
            8,595,479
   
          15,592,190
Truck Transportation - 2.80%
             
 
Old Dominion Freight Line, Inc.
                 23,000
   
            2,127,790
   
            6,869,640
                 
 
TOTAL COMMON STOCKS
     
          78,012,347
   
        244,000,744
                 
SHORT-TERM INVESTMENTS - 0.85%
             
Mutual Funds - 0.85%
             
 
First American Treasury Obligations Fund - Class X 0.22% (b)
            2,081,035
   
            2,081,035
   
            2,081,035
 
TOTAL SHORT-TERM INVESTMENTS
     
            2,081,035
   
            2,081,035
                 
                 
TOTAL INVESTMENTS - 100.20%
    $
    80,093,382.00
   
        246,081,779
LIABILITIES IN EXCESS OF OTHER ASSETS - (0.20)%
           
             (484,738)
TOTAL NET ASSETS - 100.00%
          $
      245,597,041
                 
ADR
American Depository Receipt
             

Percentages are stated as a percent of net assets.
           

(a)
 
Non Income Producing.
     
(b)
 
The rate shown is the annualized seven day yield as of March 31, 2022.
     

The accompanying notes are an integral part of the Schedule of Investments.

Notes to Schedule of Investments
           
             
Financial Accounting Standards Board ("FASB") accounting standards codification "Fair Value Measurements and Disclosures" Topic 820 ("ASC 820"),
   
establishes an authoritative definition of fair value and sets out a hierarchy for measuring fair value.  ASC 820 requires additional disclosures about the
   
various inputs used to develop the measurements of fair value. These inputs are summarized in the three broad levels listed below:
     
             
•  Level 1 - Unadjusted quoted prices in active markets for identical investments.
         
•  Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly.
   
   These inputs may include quoted prices for the identical instrument on an inactive market, prices of similar instruments, interest rates,
   
    prepayment speeds, credit risk, yield curves, default rates and similar data.
         
•  Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available; representing the Fund's own
   
    assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
 
             
The valuation techniques used by the Fund to measure fair value for the three months ended March 31, 2022 maximized the use of
     
observable inputs and minimized the use of unobservable inputs.  During the three months ended March 31, 2022, no securities
     
held by the Fund were deemed as Level 3.
         
             
The following is a summary of the inputs used as of March 31, 2022, in valuing the Fund's investments carried at fair value:
     

Description
 
Level 1
   
Level 2
   
Level 3
   
Total
 
                         
Investments
                       
Common Stocks
 
$
244,000,744
   
$
-
   
$
-
   
$
244,000,744
 
Short-Term Investments
   
2,081,035
     
-
     
-
     
2,081,035
 
Total Investments in Securities
 
$
246,081,779
   
$
-
   
$
-
   
$
246,081,779
 

Refer to the Schedule of Investments for further information on the classification of investments.
         

 


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