PROFESSIONALLY MANAGED PORTFOLIOS
NSAR-A, 1998-11-25
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<PAGE>      PAGE  1
000 A000000 09/30/98
000 C000000 0000811030
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 PROFESSIONALLY MANAGED PORTFOLIOS
001 B000000 811-5037
001 C000000 6268521033
002 A000000 2020 E. FINANCIAL WAY, SUITE 100
002 B000000 GLENDORA
002 C000000 CA
002 D010000 91741
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  7
007 C010100  1
007 C020100 AVONDALE HESTER TOTAL RETURN FUND
007 C030100 N
007 C010200  2
007 C020200 HODGES FUND
007 C030200 N
007 C010300  3
007 C020300 PERKINS OPPORTUNITY FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C020500 PRO-CONSCIENCE WOMEN'S EQUITY MUTUAL FUND
007 C030500 N
007 C010600  6
007 C020600 THE OSTERWEIS FUND
007 C030600 N
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
<PAGE>      PAGE  2
007 C021900 HARRIS BRETALL SULLIVAN & SMITH GROWTH EQUITY
007 C031900 N
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C022300 PERKINS DISCOVERY FUND
007 C032300 N
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
010 A00AA01 INVESTMENT COMPANY ADMINISTRATION LLC
010 C01AA01 GLENDORA
010 C02AA01 CA
010 C03AA01 91741
015 A00AA01 STAR BANK, N.A.
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45202
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 PIPER, JAFFRAY & HOPWOOD, INC.
020 B000001 41-0953246
020 C000001     47
020 A000002 FIRST DALLAS SECURITIES, INC.
020 B000002 75-2278917
020 C000002     29
020 A000003 CAPITAL INSTITUTIONAL
020 B000003 75-1565705
020 C000003     11
020 A000004 MERRILL LYNCH PIERCE FENNER & SMITH, INC.
020 B000004 13-5674085
020 C000004     10
020 A000005 LIPPER
020 B000005 13-3627345
020 C000005      7
020 A000006 DAIN RAUSCHER
020 C000006      6
020 A000007 BRIDGE TRADING
020 B000007 43-0817844
020 C000007      5
020 A000008 SEIDLER COMPANIES, INC.
020 B000008 95-2581813
020 C000008      4
<PAGE>      PAGE  3
020 A000009 ALLIED RESEARCH
020 C000009      3
020 A000010 RAGEN MCKENZIE
020 B000010 91-1374280
020 C000010      2
021  000000      145
022 A000001 145AT FIRST SECURITIES, INC.
022 B000001 54-0796506
022 C000001      3834
022 D000001      4350
022 A000002 R.J. STEICHEN
022 B000002 41-0558730
022 C000002        40
022 D000002      2181
022 A000003 CRAIG-HALLUM CAPITAL GROUP
022 B000003 41-1888764
022 C000003       350
022 D000003      1556
022 A000004 FRIEDMAN BILLINGS RAMSAY, INC.
022 B000004 52-1634077
022 C000004      1104
022 D000004         0
022 A000005 MERRILL LYNCH
022 B000005 13-5674085
022 C000005       584
022 D000005       517
022 A000006 BRADFORD SECURITIES
022 C000006       948
022 D000006         0
022 A000007 PIPER JAFFRAY & HOPWOOD, INC.
022 B000007 41-0953246
022 C000007       575
022 D000007         0
022 A000008 JOHN G. KENNARD
022 B000008 41-0853893
022 C000008         0
022 D000008       211
022 A000009 RAUSCHER PIERCE REFSNES, INC.
022 B000009 75-1828470
022 C000009       180
022 D000009         0
022 A000010 DONALDSON, LUFKIN, & JENRETTE
022 B000010 13-5315200
022 C000010         0
022 D000010       138
023 C000000       7821
023 D000000       9141
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
<PAGE>      PAGE  4
026 E000000 Y
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
034  00AA00 N
035  00AA00      0
036 B00AA00      0
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
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062 R00AA00   0.0
077 A000000 Y
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077 C000000 Y
077 D000000 N
077 E000000 N
<PAGE>      PAGE  5
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
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080 A00AA00 ICI MUTUAL INSURANCE COMPANY
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008 B000101 A
008 C000101 801-55267
008 D010101 AUSTIN
008 D020101 TX
008 D030101 78701
011 A000101 FIRST FUND DISTRIBUTORS, INC.
011 B000101 8-42809
011 C010101 PHOENIX
011 C020101 AZ
011 C030101 85018
012 A000101 AMERICAN DATA SERVICES, INC.
<PAGE>      PAGE  6
012 B000101 84-1964
012 C010101 HAUPPAUGE
012 C020101 NY
012 C030101 11788
013 A000101 TAIT, WELLER & BAKER
013 B010101 PHILADELPHIA
013 B020101 PA
013 B030101 19103
013 B040101 1707
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031 A000100      0
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032  000100      0
033  000100      0
037  000100 N
038  000100      0
039  000100 N
040  000100 N
<PAGE>      PAGE  7
041  000100 N
042 A000100   0
042 B000100   0
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042 D000100   0
042 E000100   0
042 F000100   0
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048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100        0
048 K020100 0.000
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100     1000
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 N
<PAGE>      PAGE  8
066 E000100 N
066 F000100 N
066 G000100 Y
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100      2666
071 B000100      2019
071 C000100     11560
071 D000100   17
072 A000100  6
072 B000100       58
072 C000100       45
072 D000100        0
<PAGE>      PAGE  9
072 E000100        0
072 F000100       32
072 G000100       15
072 H000100        0
072 I000100        5
072 J000100        2
072 K000100        0
072 L000100        1
072 M000100        2
072 N000100        1
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072 P000100        0
072 Q000100       10
072 R000100        6
072 S000100        4
072 T000100        0
072 U000100        0
072 V000100        0
072 W000100        1
072 X000100       79
072 Y000100        0
072 Z000100       24
072AA000100      274
072BB000100        0
072CC010100     3176
072CC020100        0
072DD010100        6
072DD020100        0
072EE000100        0
073 A010100   0.0200
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100        0
074 C000100      364
074 D000100     1228
074 E000100        0
074 F000100     7262
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100       78
074 K000100        0
074 L000100       30
074 M000100        0
074 N000100     8962
074 O000100       16
074 P000100        3
074 Q000100        0
074 R010100        0
<PAGE>      PAGE  10
074 R020100        0
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074 R040100       21
074 S000100        0
074 T000100     8922
074 U010100      278
074 U020100        0
074 V010100    32.06
074 V020100     0.00
074 W000100   0.0000
074 X000100      194
074 Y000100        0
075 A000100        0
075 B000100    10430
076  000100     0.00
008 A000201 HODGES CAPITAL MANAGEMENT INC.
008 B000201 A
008 C000201 801-35811
008 D010201 DALLAS
008 D020201 TX
008 D030201 75201
011 A000201 FIRST DALLAS SECURITIES, INC.
011 B000201 8-41231
011 C010201 DALLAS
011 C020201 TX
011 C030201 75201
012 A000201 AMERICAN DATA SERVICES, INC.
012 B000201 84-1964
012 C010201 HAUPPAUGE
012 C020201 NY
012 C030201 11788
013 A000201 TAIT, WELLER & BAKER
013 B010201 PHILADELPHIA
013 B020201 PA
013 B030201 19103
013 B040201 1707
014 A000201 FIRST DALLAS SECURITIES, INC.
014 B000201 8-41231
024  000200 Y
025 A000201 CHARLES SCHWAB CORP.
025 C000201 E
025 D000201     788
025 A000202 E*TRADE GROUP, INC.
025 C000202 E
025 D000202     654
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
<PAGE>      PAGE  11
028 A010200      1099
028 A020200         0
028 A030200         0
028 A040200       285
028 B010200       537
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028 C010200       334
028 C020200         0
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028 D010200       408
028 D020200         0
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028 E010200        80
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028 F030200         0
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028 G010200      2523
028 G020200         0
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028 H000200        37
029  000200 Y
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030 B000200  2.50
030 C000200  0.00
031 A000200     37
031 B000200      0
032  000200      0
033  000200      0
037  000200 N
038  000200      0
039  000200 N
040  000200 Y
041  000200 Y
042 A000200  39
042 B000200   3
042 C000200   0
042 D000200  35
042 E000200  23
042 F000200   0
042 G000200   0
042 H000200   0
043  000200     81
<PAGE>      PAGE  12
044  000200     84
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.850
048 A010200        0
048 A020200 0.000
048 B010200        0
048 B020200 0.000
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 N
058 A000200 N
059  000200 Y
060 A000200 N
060 B000200 N
061  000200      500
066 A000200 Y
066 B000200 N
066 C000200 Y
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
<PAGE>      PAGE  13
070 B020200 Y
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 Y
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
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071 D000200   55
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<PAGE>      PAGE  14
072 O000200        0
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074 V010200    12.09
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<PAGE>      PAGE  15
074 X000200     1210
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008 A000301 PERKINS CAPITAL MANAGEMENT
008 B000301 A
008 C000301 801-22888
008 D010301 WAYZATA
008 D020301 MN
008 D030301 55391
011 A000301 FIRST FUND DISTRIBUTORS, INC
011 B000301 8-42809
011 C010301 PHOENIX
011 C020301 AZ
011 C030301 85018
012 A000301 PFPC, INC.
012 B000301 85-
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012 C020301 DE
012 C030301 19809
013 A000301 TAIT, WELLER & BAKER
013 B010301 PHILADELPHIA
013 B020301 PA
013 B030301 19103
013 B040301 1707
024  000300 N
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<PAGE>      PAGE  16
028 G010300      1303
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032  000300      0
033  000300      0
037  000300 N
038  000300      0
039  000300 N
040  000300 Y
041  000300 Y
042 A000300  19
042 B000300  23
042 C000300  14
042 D000300  34
042 E000300   9
042 F000300   0
042 G000300   0
042 H000300   1
043  000300     46
044  000300      0
045  000300 Y
046  000300 N
047  000300 Y
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<PAGE>      PAGE  17
048 J020300 0.000
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049  000300 N
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051  000300 N
052  000300 N
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060 A000300 Y
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066 A000300 Y
066 B000300 N
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066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 Y
070 L010300 Y
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<PAGE>      PAGE  18
070 N020300 N
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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032  000500      0
033  000500      0
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039  000500 N
040  000500 Y
041  000500 Y
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<PAGE>      PAGE  21
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049  000500 N
050  000500 N
051  000500 N
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053 B000500 Y
058 A000500 N
059  000500 Y
060 A000500 Y
060 B000500 Y
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066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067  000500 N
068 A000500 N
068 B000500 N
<PAGE>      PAGE  22
069  000500 N
070 A010500 Y
070 A020500 Y
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070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 N
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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039  000600 N
040  000600 N
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<PAGE>      PAGE  26
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070 D020600 N
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070 E020600 N
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070 F020600 N
070 G010600 Y
070 G020600 N
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070 H020600 N
070 I010600 N
070 I020600 N
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070 J020600 N
070 K010600 Y
070 K020600 Y
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070 L020600 Y
<PAGE>      PAGE  27
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
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<PAGE>      PAGE  30
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<PAGE>      PAGE  31
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070 C021900 N
070 D011900 N
070 D021900 N
070 E011900 N
070 E021900 N
070 F011900 N
070 F021900 N
070 G011900 N
070 G021900 N
070 H011900 N
070 H021900 N
070 I011900 N
070 I021900 N
070 J011900 N
070 J021900 N
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070 K021900 Y
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070 M021900 N
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070 P011900 N
070 P021900 N
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070 Q021900 N
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070 R021900 N
<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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<PAGE>      PAGE  35
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<PAGE>      PAGE  36
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<PAGE>      PAGE  37
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<PAGE>      PAGE  38
SIGNATURE   ROBERT M. SLOTKY                             
TITLE       ASSITANT TREASURER  
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 1
   <NAME> AVONDALE HESTER TOTAL RETURN FUND
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
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<FISCAL-YEAR-END>                          MAR-31-1999
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 19
   <NAME> HARRIS BRETALL SULLIVAN & SMITH GROWTH EQUITY FUND
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 2
   <NAME> HODGES FIND
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<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 6
   <NAME> THE OSTERWEIS FUND
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<CURRENCY> U.S. DOLLARS
       
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 23
   <NAME> THE PERKINS DISCOVERY FUND
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 3
   <NAME> THE PERKINS OPPORTUNITY FUND
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 5
   <NAME> WOMEN'S EQUITY MUTUAL FUND
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
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</TABLE>


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