0001145549-21-029613.txt : 20210525 0001145549-21-029613.hdr.sgml : 20210525 20210525150135 ACCESSION NUMBER: 0001145549-21-029613 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210525 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRIDGES INVESTMENT FUND INC CENTRAL INDEX KEY: 0000014170 IRS NUMBER: 476027880 STATE OF INCORPORATION: NE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-01209 FILM NUMBER: 21959894 BUSINESS ADDRESS: STREET 1: 8401 W DODGE RD STREET 2: SUITE 256 CITY: OMAHA STATE: NE ZIP: 68114 BUSINESS PHONE: 4023974700 MAIL ADDRESS: STREET 1: 8401 WEST DODGE ROAD STREET 2: SUITE 256 CITY: OMAHA STATE: NE ZIP: 68114 0000014170 S000006176 Bridges Investment Fund, Inc. C000017015 Bridges Investment Fund, Inc. 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1314830.000000000000 0.5374740668 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 Apple Inc 037833100 177000.000000000000 NS USD 21620550.000000000000 8.8380132295 Long EC CORP US N 1 N N N Autodesk Inc FRKKVKAIQEF3FCSTPG55 Autodesk Inc 052769106 13000.000000000000 NS USD 3602950.000000000000 1.4728080352 Long EC CORP US N 1 N N N BWX Technologies Inc 549300NP85N265KWMS58 BWX Technologies Inc 05605H100 27500.000000000000 NS USD 1813350.000000000000 0.7412582608 Long EC CORP US N 1 N N N Berkshire Hathaway Inc 5493000C01ZX7D35SD85 Berkshire Hathaway Inc 084670702 20000.000000000000 NS USD 5109400.000000000000 2.0886122136 Long EC CORP US N 1 N N N BlackRock Inc 549300LRIF3NWCU26A80 BlackRock Inc 09247X101 8500.000000000000 NS USD 6408660.000000000000 2.6197216011 Long EC CORP US N 1 N N N Booking Holdings Inc FXM8FAOHMYDIPD38UZ17 Booking Holdings Inc 09857L108 2000.000000000000 NS USD 4659680.000000000000 1.9047764042 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 1297140.000000000000 0.5302427774 Long EC CORP US N 1 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 Walt Disney Co/The 254687106 25500.000000000000 NS USD 4705260.000000000000 1.9234085224 Long EC CORP US N 1 N N N Ecolab Inc 82DYEISM090VG8LTLS26 Ecolab Inc 278865100 15000.000000000000 NS USD 3211050.000000000000 1.3126077912 Long EC CORP US N 1 N N N Edwards Lifesciences Corp YA13X31F3V31L8TMPR58 Edwards Lifesciences Corp 28176E108 26000.000000000000 NS USD 2174640.000000000000 0.8889457988 Long EC CORP US N 1 N N N Facebook Inc BQ4BKCS1HXDV9HN80Z93 Facebook Inc 30303M102 27500.000000000000 NS USD 8099575.000000000000 3.3109310819 Long EC CORP US N 1 N N N First American Treasury Obliga N/A First American Treasury Obligations Fund 31846V328 8638653.230000000000 NS USD 8638653.230000000000 3.5312946031 Long STIV RF US N 1 N N N Fiserv Inc GI7UBEJLXYLGR2C7GV83 Fiserv Inc 337738108 20000.000000000000 NS USD 2380800.000000000000 0.9732195479 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 Home Depot Inc/The 437076102 13000.000000000000 NS USD 3968250.000000000000 1.6221347745 Long EC CORP US N 1 N N N IAA Inc 549300PZCOPC5178W747 IAA Inc 449253103 64000.000000000000 NS USD 3528960.000000000000 1.4425625234 Long EC CORP US N 1 N N N Intercontinental Exchange Inc 5493000F4ZO33MV32P92 Intercontinental Exchange Inc 45866F104 27000.000000000000 NS USD 3015360.000000000000 1.2326139516 Long EC CORP US N 1 N N N IQVIA Holdings Inc 549300W3R20NM4KQPH86 IQVIA Holdings Inc 46266C105 3250.000000000000 NS USD 627705.000000000000 0.2565922280 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 46625H100 30000.000000000000 NS USD 4566900.000000000000 1.8668499468 Long EC CORP US N 1 N N N Lowe's Cos Inc WAFCR4OKGSC504WU3E95 Lowe's Cos Inc 548661107 16000.000000000000 NS USD 3042880.000000000000 1.2438635324 Long EC CORP US N 1 N N N Mastercard Inc AR5L2ODV9HN37376R084 Mastercard Inc 57636Q104 50000.000000000000 NS USD 17802500.000000000000 7.2772769665 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 Microsoft Corp 594918104 52000.000000000000 NS USD 12260040.000000000000 5.0116391911 Long EC CORP US N 1 N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 NVIDIA Corp 67066G104 10000.000000000000 NS USD 5339300.000000000000 2.1825903613 Long EC CORP US N 1 N N N Old Dominion Freight Line Inc 5299009TWK32WE417T96 Old Dominion Freight Line Inc 679580100 24000.000000000000 NS USD 5769840.000000000000 2.3585858016 Long EC CORP US N 1 N N N Palo Alto Networks Inc 549300QXR2YVZV231H43 Palo Alto Networks Inc 697435105 11000.000000000000 NS USD 3542660.000000000000 1.4481627871 Long EC CORP US N 1 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 PayPal Holdings Inc 70450Y103 35000.000000000000 NS USD 8499400.000000000000 3.4743708945 Long EC CORP US N 1 N N N Progressive Corp/The 529900TACNVLY9DCR586 Progressive Corp/The 743315103 20000.000000000000 NS USD 1912200.000000000000 0.7816660028 Long EC CORP US N 1 N N N Roper Technologies Inc 54930003T4SXCIWVXY35 Roper Technologies Inc 776696106 8000.000000000000 NS USD 3226720.000000000000 1.3190133483 Long EC CORP US N 1 N N N S&P Global Inc Y6X4K52KMJMZE7I7MY94 S&P Global Inc 78409V104 13000.000000000000 NS USD 4587310.000000000000 1.8751931134 Long EC CORP US N 1 N N N SVB Financial Group 549300D2KJ20JMXE7542 SVB Financial Group 78486Q101 12000.000000000000 NS USD 5923920.000000000000 2.4215703731 Long EC CORP US N 1 N N N salesforce.com Inc RCGZFPDMRW58VJ54VR07 salesforce.com Inc 79466L302 15000.000000000000 NS USD 3178050.000000000000 1.2991181049 Long EC CORP US N 1 N N N Sherwin-Williams Co/The Z15BMIOX8DDH0X2OBP21 Sherwin-Williams Co/The 824348106 1000.000000000000 NS USD 738010.000000000000 0.3016825263 Long EC CORP US N 1 N N N Starbucks Corp OQSJ1DU9TAOC51A47K68 Starbucks Corp 855244109 30000.000000000000 NS USD 3278100.000000000000 1.3400163811 Long EC CORP US N 1 N N N Terminix Global Holdings Inc 549300GS10644JGL8R77 Terminix Global Holdings Inc 88087E100 30000.000000000000 NS USD 1430100.000000000000 0.5845939497 Long EC CORP US N 1 N N N Texas Pacific Land Corp N/A Texas Pacific Land Corp 88262P102 1000.000000000000 NS USD 1589430.000000000000 0.6497246077 Long EC CORP US N 1 N N N Thermo Fisher Scientific Inc HCHV7422L5HDJZCRFL38 Thermo Fisher Scientific Inc 883556102 8000.000000000000 NS USD 3651040.000000000000 1.4924661871 Long EC CORP US N 1 N N N TransUnion 549300ZS772LUNUMRB03 TransUnion 89400J107 34500.000000000000 NS USD 3105000.000000000000 1.2692568449 Long EC CORP US N 1 N N N Union Pacific Corp 549300LMMRSZZCZ8CL11 Union Pacific Corp 907818108 28000.000000000000 NS USD 6171480.000000000000 2.5227675469 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 UnitedHealth Group Inc 91324P102 13000.000000000000 NS USD 4836910.000000000000 1.9772241950 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa Inc 92826C839 40000.000000000000 NS USD 8469200.000000000000 3.4620257876 Long EC CORP US N 1 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co 949746101 75000.000000000000 NS USD 2930250.000000000000 1.1978228244 Long EC CORP US N 1 N N N Eaton Corp PLC 549300VDIGTMXUNT7H71 Eaton Corp PLC G29183103 20000.000000000000 NS USD 2765600.000000000000 1.1305174654 Long EC CORP US N 1 N N N Alcon Inc 549300LDT5AP8S0NBM78 Alcon Inc H01301128 35500.000000000000 NS USD 2491390.000000000000 1.0184263481 Long EC CORP CH N 1 N N N 2021-05-20 Bridges Investment Fund Inc /s/ Nancy K. Dodge Nancy K. Dodge Secretary, Treasurer, and CCO XXXX NPORT-EX 2 bridges-partf.htm NPORT-EX
 
BRIDGES INVESTMENT FUND, INC.
 
SCHEDULE OF INVESTMENTS
 
MARCH 31, 2021
(unaudited)

Title of Security
Shares
   
Cost
   
Value
COMMON STOCKS - 96.63%
             
Administrative and Support Services - 17.97%
             
 
Booking Holdings, Inc.(a)
                   2,000
  $
        1,459,049
  $
          4,659,680
 
MasterCard, Inc. - Class A
                 50,000
   
               820,627
   
          17,802,500
 
PayPal Holdings, Inc.(a)
                 35,000
   
               871,561
   
            8,499,400
 
Terminix Global Holdings, Inc.(a)
                 30,000
   
               905,892
   
            1,430,100
 
TransUnion
                 34,500
   
            2,857,315
   
            3,105,000
 
Visa, Inc. - Class A
                 40,000
   
            1,087,479
   
            8,469,200
         
            8,001,923
   
          43,965,880
Ambulatory Health Care Services - 1.02%
             
 
Alcon, Inc. - ADR (a)
                 35,500
   
            2,087,585
   
            2,491,390
Broadcasting (except Internet) - 1.92%
             
 
The Walt Disney Co.(a)
                 25,500
   
            1,411,161
   
            4,705,260
Building Material and Garden Equipment and Supplies Dealers - 2.87%
             
 
Home Depot, Inc.
                 13,000
   
            1,941,152
   
            3,968,250
 
Lowe's Companies, Inc.
                 16,000
   
            1,631,716
   
            3,042,880
         
            3,572,868
   
            7,011,130
Chemical Manufacturing - 1.61%
             
 
Ecolab, Inc.
                 15,000
   
            1,436,988
   
            3,211,050
 
The Sherwin-Williams Co.
                   1,000
   
               711,670
   
               738,010
         
            2,148,658
   
            3,949,060
Computer and Electronic Product Manufacturing - 20.60%
             
 
Alphabet, Inc. - Class A(a)
                   4,000
   
               847,060
   
            8,250,080
 
Alphabet, Inc. - Class C(a)
                   4,010
   
               844,083
   
            8,295,206
 
Apple, Inc.
               177,000
   
               739,033
   
          21,620,551
 
NVIDIA Corp.
                 10,000
   
            2,316,828
   
            5,339,300
 
Roper Technologies, Inc.
                   8,000
   
               335,931
   
            3,226,720
 
Thermo Fisher Scientific, Inc.
                   8,000
   
            1,773,523
   
            3,651,040
         
            6,856,458
   
          50,382,897
Credit Intermediation and Related Activities - 5.49%
             
 
JPMorgan Chase & Co.
                 30,000
   
            1,721,192
   
            4,566,900
 
SVB Financial Group(a)
                 12,000
   
            2,426,971
   
            5,923,920
 
Wells Fargo & Co.
                 75,000
   
            2,190,904
   
            2,930,250
         
            6,339,067
   
          13,421,070
Data Processing, Hosting and Related Services - 0.97%
             
 
Fiserv, Inc.(a)
                 20,000
   
               971,166
   
            2,380,800
Electrical Equipment, Appliance, and Component Manufacturing - 1.13%
             
 
Eaton Corp. Plc -
                 20,000
   
               834,912
   
            2,765,600
Fabricated Metal Product Manufacturing - 0.74%
             
 
BWX Technologies, Inc.
                 27,500
   
            1,642,328
   
            1,813,350
Food Services and Drinking Places - 1.87%
             
 
Casey's General Stores, Inc.
                   6,000
   
               989,889
   
            1,297,140
 
Starbucks Corp.
                 30,000
   
               561,001
   
            3,278,100
         
            1,550,890
   
            4,575,240
Insurance Carriers and Related Activities - 4.85%
             
 
Berkshire Hathaway, Inc. - Class B(a)
                 20,000
   
               678,649
   
            5,109,400
 
The Progressive Corp.
                 20,000
   
            1,409,657
   
            1,912,200
 
UnitedHealth Group, Inc.
                 13,000
   
            3,145,098
   
            4,836,910
         
            5,233,404
   
          11,858,510
Merchant Wholesalers, Durable Goods - 1.44%
             
 
IAA, Inc.(a)
                 64,000
   
            2,671,243
   
            3,528,960
Miscellaneous Manufacturing - 0.89%
             
 
Edwards Lifesciences Corp.(a)
                 26,000
   
            1,872,066
   
            2,174,640
Nonstore Retailers - 6.32%
             
 
Amazon.com, Inc.(a)
                   5,000
   
            1,231,664
   
          15,470,400
Other Information Services - 3.31%
             
 
Facebook, Inc. - Class A(a)
                 27,500
   
            3,597,112
   
            8,099,575
Professional, Scientific & Technical Services - 1.71%
             
 
IQVIA Holdings, Inc.(a)
                   3,250
   
               616,405
   
               627,705
 
Palo Alto Networks, Inc.(a)
                 11,000
   
            2,379,071
   
            3,542,660
         
            2,995,476
   
            4,170,365
Publishing Industries (except Internet) - 10.12%
             
 
Adobe, Inc.(a)
                 12,000
   
            3,463,758
   
            5,704,440
 
Autodesk, Inc.(a)
                 13,000
   
            1,985,801
   
            3,602,950
 
Microsoft Corp.
                 52,000
   
            6,470,467
   
          12,260,040
 
salesforce.com, Inc.(a)
                 15,000
   
            2,246,082
   
            3,178,050
         
          14,166,108
   
          24,745,480
Rail Transportation - 2.52%
             
 
Union Pacific Corp.
                 28,000
   
               806,918
   
            6,171,480
Real Estate - 0.54%
             
 
American Tower Corp.
                   5,500
   
            1,235,930
   
            1,314,830
                 
Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 6.38%
             
 
BlackRock, Inc.
                   8,500
   
            2,223,080
   
            6,408,660
 
Intercontinental Exchange, Inc.
                 27,000
   
            2,654,242
   
            3,015,360
 
S&P Global, Inc.
                 13,000
   
            2,334,390
   
            4,587,310
 
Texas Pacific Land Corp.
                   1,000
   
               810,904
   
            1,589,430
         
            8,022,616
   
          15,600,760
Truck Transportation - 2.36%
             
 
Old Dominion Freight Line, Inc.
                 24,000
   
            2,220,361
   
            5,769,840
 
TOTAL COMMON STOCKS (Cost $79,469,914)
     
          79,469,914
   
        236,366,517
                 
 
Shares
   
Cost
   
Value
SHORT-TERM INVESTMENTS - 3.53%
             
Funds, Trusts, and Other Financial Vehicles - 3.53%
             
 
First American Treasury Obligations Fund - Class X 0.03%(b)
            8,638,653
   
            8,638,653
   
            8,638,653
                 
 
TOTAL SHORT-TERM INVESTMENTS (Cost $8,638,653)
     
            8,638,653
   
            8,638,653
                 
TOTAL INVESTMENTS - 100.16%
           
        245,005,170
LIABILITIES IN EXCESS OF OTHER ASSETS - (0.16)%
           
             (394,044)
TOTAL NET ASSETS - 100.00%
          $
      244,611,126
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, 2021.
             
 
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, 2021 maximized the use of observable inputs and minimized the use of unobservable inputs.  During the three months ended March 31, 2021, no securities held by
the Fund were deemed as Level 3.

The following is a summary of the inputs used as of March 31, 2021, in valuing the Fund's investments carried at fair value:
     

Description
 
Level 1
   
Level 2
   
Level 3
   
Total
 
                         
Investments
                       
Common Stocks
 
$
236,366,517
   
$
-
   
$
-
   
$
236,366,517
 
Short-Term Investments
   
8,638,653
     
-
     
-
     
8,638,653
 
Total Investments in Securities
 
$
245,005,170
   
$
-
   
$
-
   
$
245,005,170
 
                                 
Refer to the Schedule of Investments for further information on the classification of investments.