Value Line Select Growth Fund, Inc.
Schedule of Investments (unaudited)
March 31, 2026
 

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Value
COMMON STOCKS 97.2%
CONSUMER DISCRETIONARY 7.1%
 
LODGING 4.4%
   42,000
Marriott International, Inc. Class A 
$13,736,940
 
RETAIL 2.7%
   90,000
O'Reilly Automotive, Inc.(1) 
8,307,900
 
 
22,044,840
CONSUMER STAPLES 5.3%
 
RETAIL 5.3%
   16,700
Costco Wholesale Corp. 
16,640,381
FINANCIALS 23.5%
 
COMMERCIAL SERVICES 4.7%
   34,573
S&P Global, Inc. 
14,705,280
 
DIVERSIFIED FINANCIALS 10.3%
  111,889
Intercontinental Exchange, Inc. 
17,597,902
   28,629
Mastercard, Inc. Class A 
14,304,766
 
 
31,902,668
 
INSURANCE 7.5%
   25,400
Arthur J Gallagher & Co. 
5,501,132
   74,700
Marsh & McLennan Cos., Inc. 
12,956,715
   25,300
Progressive Corp. 
5,015,472
 
 
23,473,319
 
SOFTWARE 1.0%
    5,600
MSCI, Inc. 
3,018,456
 
 
73,099,723
HEALTHCARE 8.4%
 
HEALTHCARE PRODUCTS 8.4%
   17,400
IDEXX Laboratories, Inc.(1) 
9,776,886
   46,442
Stryker Corp. 
15,260,377
    2,400
Thermo Fisher Scientific, Inc. 
1,179,672
 
 
26,216,935
INDUSTRIALS 29.5%
 
AEROSPACE/DEFENSE 5.2%
   13,857
TransDigm Group, Inc. 
16,059,709
 
BUILDING MATERIALS 6.4%
   48,000
Trane Technologies PLC 
20,003,520
 
COMMERCIAL SERVICES 5.5%
  100,008
Cintas Corp. 
16,915,353
 
ENVIRONMENTAL CONTROL 8.1%
   77,800
Republic Services, Inc. 
17,039,756
   50,251
Waste Connections, Inc. 
8,162,772
 
 
25,202,528
 
MISCELLANEOUS MANUFACTURERS 4.3%
   15,000
Parker-Hannifin Corp. 
13,428,600
 
 
91,609,710
INFORMATION TECHNOLOGY 21.5%
 
SOFTWARE 15.9%
   67,000
Cadence Design Systems, Inc.(1) 
18,617,290
   16,600
Intuit, Inc. 
7,177,508
   28,069
Roper Technologies, Inc. 
9,932,496
  118,195
ServiceNow, Inc.(1) 
12,357,287
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Value
COMMON STOCKS 97.2% (continued)
INFORMATION TECHNOLOGY 21.5% (continued)
 
SOFTWARE 15.9% (continued)
    3,300
Synopsys, Inc.(1) 
$1,308,384
 
 
49,392,965
 
TELECOMMUNICATIONS 5.6%
   40,000
Motorola Solutions, Inc. 
17,358,800
 
 
66,751,765
MATERIALS 1.9%
 
CHEMICALS 1.9%
   22,100
Ecolab, Inc. 
5,879,042
TOTAL COMMON STOCKS
(Cost $167,878,579)
302,242,396
SHORT-TERM INVESTMENTS 3.0%
 
MONEY MARKET FUNDS 3.0%
9,274,355
State Street Institutional U.S. Government
Money Market Fund, Premier Class,
3.60%(2) 
9,274,355
TOTAL SHORT-TERM INVESTMENTS
(Cost $9,274,355)
9,274,355
TOTAL INVESTMENTS IN SECURITIES 100.2%
(Cost $177,152,934)
$311,516,751
EXCESS OF LIABILITIES OVER CASH AND OTHER ASSETS
(0.2)%
(559,800
)
NET ASSETS(3) 100.0%
$310,956,951
 
(1)
Non-income producing.
(2)
Rate reflects 7 day yield as of March 31, 2026.
(3)
For federal income tax purposes, the aggregate cost was
$177,152,934, aggregate gross unrealized appreciation
was $136,919,554, aggregate gross unrealized
depreciation was $2,555,737 and the net unrealized
appreciation was $134,363,817.
1
Supplementary Notes to Schedule of Investments
The Fund follows fair valuation accounting standards (FASB ASC 820-10) which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value and a discussion of changes in valuation techniques and related inputs during the period. These inputs are summarized in the three broad levels listed below:
•
Level 1 - Inputs that reflect unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access at the measurement date;
•
Level 2 - Inputs other than quoted prices that are observable for the asset or liability either directly or indirectly, including inputs in markets that are not considered to be active;
•
Level 3 - Inputs that are unobservable.
Transfers between investment levels may occur as the markets fluctuate and/or the availability of data used in an investment's valuation changes. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
An investment asset's or liability's level within the fair value hierarchy is based on the lowest level input, individually or in aggregate, that is significant to fair value measurement. The objective of fair value measurement remains the same even when there is a significant decrease in the volume and level of activity for an asset or liability and regardless of the valuation techniques used.
2