BRIDGES INVESTMENT FUND, INC.

SCHEDULE OF INVESTMENTS

SEPTEMBER 30, 2022

(Unaudited)

Title of Security		Shares		Cost		Value
COMMON STOCKS - 99.48%
Administrative and Support Services - 13.88%
	MasterCard, Inc. - Class A	44,000	$	725,399	$	12,510,960
	PayPal Holdings, Inc.(a)	35,000		871,561		3,012,450
	TransUnion	44,500		3,683,029		2,647,305
	Visa, Inc. - Class A	38,000		1,061,121		6,750,700
				6,341,110		24,921,415
Ambulatory Health Care Services - 1.15%
	Alcon, Inc. - ADR	35,500		2,087,585		2,065,390
Broadcasting (except Internet) - 0.62%
	Cable One, Inc.	1,300		1,810,451		1,108,965
Building Material and Garden Equipment and Supplies Dealers - 3.67%
	Home Depot, Inc.	13,000		1,941,152		3,587,220
	Lowe's Companies, Inc.	16,000		1,631,716		3,004,960
				3,572,868		6,592,180
Chemical Manufacturing - 0.34%
	The Sherwin-Williams Co.	3,000		711,670		614,250
Computer and Electronic Product Manufacturing - 25.33%
	Alphabet, Inc. - Class A(a)	80,000		847,060		7,652,000
	Alphabet, Inc. - Class C(a)	80,200		844,083		7,711,230
	Apple, Inc.	156,000		613,733		21,559,200
	NVIDIA Corp.	37,000		2,105,830		4,491,430
	Thermo Fisher Scientific, Inc.	8,000		1,773,523		4,057,520
				6,184,229		45,471,380
Credit Intermediation and Related Activities - 4.89%
	JPMorgan Chase & Co.	30,000		1,721,192		3,135,000
	SVB Financial Group(a)	12,000		2,426,972		4,029,360
	Wells Fargo & Co.	40,000		1,439,136		1,608,800
				5,587,300		8,773,160
Electrical Equipment, Appliance, and Component Manufacturing - 0.40%
	Generac Holdings, Inc.(a)	4,000		1,104,888		712,560
Fabricated Metal Product Manufacturing - 0.11%
	BWX Technologies, Inc.	4,000		224,335		201,480
Food Services and Drinking Places - 0.68%
	Casey's General Stores, Inc.	6,000		989,889		1,215,120
Health and Personal Care Stores - 0.67%
	Ulta Beauty, Inc.(a)	3,000		1,109,837		1,203,570
Insurance Carriers and Related Activities - 8.56%
	Berkshire Hathaway, Inc. - Class B(a)	20,000		678,649		5,340,400
	The Progressive Corp.	30,000		2,368,209		3,486,300
	UnitedHealth Group, Inc.	13,000		3,145,097		6,565,520
				6,191,955		15,392,220
Merchant Wholesalers, Durable Goods - 1.14%
	IAA, Inc.(a)	64,000		2,640,028		2,038,400
Miscellaneous Manufacturing - 1.67%
	Edwards Lifesciences Corp.(a)	26,000		1,872,067		2,148,380
	Intuitive Surgical, Inc.(a)	4,500		1,067,051		843,480
				2,939,118		2,991,860
Nonstore Retailers - 6.29%
	Amazon.com, Inc.(a)	100,000		1,231,664		11,300,000
Oil and Gas Extraction - 0.87%
	EOG Resources, Inc.	14,000		1,529,436		1,564,220
Other Information Services - 2.08%
	Meta Platforms, Inc. - Class A(a)	27,500		3,597,112		3,731,200
Plastics and Rubber Products Manufacturing - 0.48%
	AptarGroup, Inc.	9,000		1,044,151		855,270
Professional, Scientific & Technical Services - 4.18%
	IQVIA Holdings, Inc.(a)	3,250		616,405		588,705
	Palo Alto Networks, Inc.(a)	33,000		2,379,070		5,405,070
	ServiceNow, Inc.(a)	4,000		2,057,391		1,510,440
				5,052,866		7,504,215
Publishing Industries (except Internet) - 9.79%
	Adobe, Inc.(a)	12,000		3,463,759		3,302,400
	Microsoft Corp.	52,000		6,470,467		12,110,800
	Salesforce.com, Inc.(a)	15,000		2,246,082		2,157,600
				12,180,308		17,570,800
Rail Transportation - 2.18%
	Union Pacific Corp.	20,050		606,981		3,906,141
Real Estate - 0.66%
	American Tower Corp.	5,500		1,235,930		1,180,850
Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 6.66%
	BlackRock, Inc.	5,000		1,435,942		2,751,400
	Chemed Corp.	3,800		1,779,811		1,658,928
	Intercontinental Exchange, Inc.	20,000		1,965,672		1,807,000
	S&P Global, Inc.	13,000		2,334,390		3,969,550
	Texas Pacific Land Corp.	1,000		810,904		1,777,230
				8,326,719		11,964,108
Truck Transportation - 3.18%
	Old Dominion Freight Line, Inc.	23,000		2,127,790		5,721,710
	TOTAL COMMON STOCKS			78,428,220		178,600,464
SHORT-TERM INVESTMENTS - 0.70%
Mutual Funds - 0.70%
	First American Treasury Obligations Fund - Class X 2.87% (b)	1,263,203		1,263,203		1,263,203
	TOTAL SHORT-TERM INVESTMENTS			1,263,203		1,263,203
TOTAL INVESTMENTS - 100.18%				79,691,423		179,863,667
LIABILITIES IN EXCESS OF OTHER ASSETS - (0.18)%						(331,688)
TOTAL NET ASSETS - 100.00%					$	179,531,979
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 September 30, 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 nine months ended September 30, 2022 maximized the use of

observable inputs and minimized the use of unobservable inputs.  During the nine months ended September 30, 2022, no securities

held by the Fund were deemed as Level 3.

The following is a summary of the inputs used as of September 30, 2022, in valuing the Fund's investments carried at fair value:

Description	Level 1		Level 2		Level 3		Total
Investments
Common Stocks	$	178,600,464	$	-	$	-	$	178,600,464
Short-Term Investments		1,263,203		-		-		1,263,203
Total Investments in Securities	$	179,863,667	$	-	$	-	$	179,863,667
Refer to the Schedule of Investments for further information on the classification of investments.