Bridges Investment Fund NPORT-P Bridges Investment Fund, Inc. (Mar 2022 report)

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.