Bridges Investment Management Inc Buys Berkshire Hathaway Inc, Vanguard FTSE All World Ex US, ING Groep NV, Sells Ash Grove Cement Co, Gilead Sciences Inc, DaVita Inc

• New Purchases: ING, EOG, TMO, CERN, HST, ODFL, CAG, GPS,
• Added Positions: BRK.A, VEU, IJH, IJR, FISV, APA, PM, HD, IWD, FB,
• Reduced Positions: ASHG, GILD, DVA, CTSH, FINN, BIIB, WFC, UNP, ESRX, DD,
• Sold Out: EEM, RWX, KMI, OLED, YUM, AEP, IWO, NG, EXK, ASIX,

For the details of BRIDGES INVESTMENT MANAGEMENT INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=BRIDGES+INVESTMENT+MANAGEMENT+INC

1. Berkshire Hathaway Inc (BRK.A) - 368 shares, 12.74% of the total portfolio. Shares added by 152.05%
2. First National of Nebraska Inc (FINN) - 5,467 shares, 5.59% of the total portfolio. Shares reduced by 1.42%
3. iShares Russell 1000 Growth (IWF) - 324,759 shares, 4.83% of the total portfolio. Shares added by 2.51%
4. iShares Core S&P Mid-Cap (IJH) - 195,805 shares, 4.59% of the total portfolio. Shares added by 9.90%
5. iShares Russell 1000 Value (IWD) - 248,489 shares, 3.95% of the total portfolio. Shares added by 3.98%

Bridges Investment Management Inc initiated holdings in ING Groep NV. The purchase prices were between $12.17 and $14.64, with an estimated average price of $13.48. The stock is now traded at around $14.42. The impact to the portfolio due to this purchase was 0.4%. The holdings were 200,000 shares as of 2016-12-31.

Bridges Investment Management Inc initiated holdings in EOG Resources Inc. The purchase prices were between $90.42 and $108.01, with an estimated average price of $97.35. The stock is now traded at around $104.11. The impact to the portfolio due to this purchase was 0.26%. The holdings were 17,992 shares as of 2016-12-31.

Bridges Investment Management Inc initiated holdings in Thermo Fisher Scientific Inc. The purchase prices were between $139.63 and $159.12, with an estimated average price of $147.43. The stock is now traded at around $148.88. The impact to the portfolio due to this purchase was 0.22%. The holdings were 10,755 shares as of 2016-12-31.

Bridges Investment Management Inc initiated holdings in Cerner Corp. The purchase prices were between $47.37 and $61.79, with an estimated average price of $53.08. The stock is now traded at around $49.16. The impact to the portfolio due to this purchase was 0.06%. The holdings were 9,275 shares as of 2016-12-31.

Bridges Investment Management Inc initiated holdings in Host Hotels & Resorts Inc. The purchase prices were between $14.83 and $19.18, with an estimated average price of $16.89. The stock is now traded at around $18.40. The impact to the portfolio due to this purchase was 0.05%. The holdings were 19,641 shares as of 2016-12-31.

Bridges Investment Management Inc initiated holdings in Old Dominion Freight Lines Inc. The purchase prices were between $69.05 and $91.47, with an estimated average price of $80.43. The stock is now traded at around $86.73. The impact to the portfolio due to this purchase was 0.04%. The holdings were 3,100 shares as of 2016-12-31.

Bridges Investment Management Inc added to the holdings in Berkshire Hathaway Inc by 152.05%. The purchase prices were between $214520 and $249711, with an estimated average price of $230816. The stock is now traded at around $243600.00. The impact to the portfolio due to this purchase was 7.69%. The holdings were 368 shares as of 2016-12-31.

Bridges Investment Management Inc added to the holdings in Vanguard FTSE All World Ex US by 27.71%. The purchase prices were between $43.12 and $45.59, with an estimated average price of $44.37. The stock is now traded at around $45.30. The impact to the portfolio due to this purchase was 0.58%. The holdings were 426,165 shares as of 2016-12-31.

Bridges Investment Management Inc added to the holdings in Fiserv Inc by 99.23%. The purchase prices were between $96.75 and $109.07, with an estimated average price of $102.73. The stock is now traded at around $108.48. The impact to the portfolio due to this purchase was 0.24%. The holdings were 32,475 shares as of 2016-12-31.

Bridges Investment Management Inc added to the holdings in Philip Morris International Inc by 21.62%. The purchase prices were between $87.33 and $97.86, with an estimated average price of $92.66. The stock is now traded at around $90.57. The impact to the portfolio due to this purchase was 0.2%. The holdings were 85,521 shares as of 2016-12-31.

Bridges Investment Management Inc added to the holdings in Apache Corp by 563.81%. The purchase prices were between $55.52 and $67.35, with an estimated average price of $62.99. The stock is now traded at around $62.96. The impact to the portfolio due to this purchase was 0.2%. The holdings were 26,214 shares as of 2016-12-31.

Bridges Investment Management Inc added to the holdings in The Home Depot Inc by 34.18%. The purchase prices were between $119.89 and $137.11, with an estimated average price of $128.9. The stock is now traded at around $135.94. The impact to the portfolio due to this purchase was 0.17%. The holdings were 35,819 shares as of 2016-12-31.

Bridges Investment Management Inc sold out the holdings in iShares MSCI Emerging Index Fund. The sale prices were between $34.3 and $38.1, with an estimated average price of $36.34.

Bridges Investment Management Inc sold out the holdings in SPDR DJ Wilshire Intl Real Estate. The sale prices were between $36.91 and $41.52, with an estimated average price of $38.62.

Bridges Investment Management Inc sold out the holdings in Kinder Morgan Inc. The sale prices were between $19.71 and $23.01, with an estimated average price of $21.14.

Bridges Investment Management Inc sold out the holdings in Universal Display Corp. The sale prices were between $49.22 and $62.85, with an estimated average price of $54.99.

Bridges Investment Management Inc sold out the holdings in Yum Brands Inc. The sale prices were between $59.7 and $65.25, with an estimated average price of $62.77.

Bridges Investment Management Inc sold out the holdings in American Electric Power Co Inc. The sale prices were between $58.16 and $64.84, with an estimated average price of $61.67.