UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF

 REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file Number 811-02278

The Value Line Premier Growth Fund, Inc.

(Exact name of registrant as specified in charter)

7 Times Square, New York, NY 10036

Mitchell E. Appel

(Name and address of agent for service)

Registrant’s telephone number, including area code:  212-907-1900

Date of fiscal year end: December 31

Date of reporting period: September 30, 2013

Item 1: Schedule of Investments.

A copy of Schedule of Investments for the period ended 9/30/13 is included with this Form.

Value Line Premier Growth Fund, Inc.

Schedule of Investments (unaudited) September 30, 2013

Shares				Value
COMMON STOCKS (97.7%)
		CONSUMER DISCRETIONARY (11.3%)
	8,400	AutoZone, Inc. *	$	3,550,932
	28,000	BorgWarner, Inc.		2,838,920
	40,000	Brinker International, Inc.		1,621,200
	10,500	Buckle, Inc. (The) (1)		567,525
	37,000	Darden Restaurants, Inc.		1,712,730
	32,000	Dick’s Sporting Goods, Inc.		1,708,160
	28,800	Domino’s Pizza, Inc.		1,956,960
	23,000	Genuine Parts Co.		1,860,470
	15,200	Gildan Activewear, Inc.		705,888
	27,000	Johnson Controls, Inc.		1,120,500
	8,600	Life Time Fitness, Inc. *		442,642
	112,000	LKQ Corp. *		3,568,320
	24,000	McDonald’s Corp.		2,309,040
	49,000	NIKE, Inc. Class B		3,559,360
	18,000	O’Reilly Automotive, Inc. *		2,296,620
	13,000	Penn National Gaming, Inc. *		719,680
	10,000	Signet Jewelers Ltd.		716,500
	40,000	Starbucks Corp.		3,078,800
	68,600	TJX Companies, Inc. (The)		3,868,354
	5,400	VF Corp.		1,074,870
	12,000	Wolverine World Wide, Inc.		698,760
	44,000	Yum! Brands, Inc.		3,141,160
				43,117,391
		CONSUMER STAPLES (9.3%)
	71,000	BRF S.A. ADR (1)		1,741,630
	17,000	British American Tobacco PLC
		ADR (1)		1,787,550
	21,300	Brown-Forman Corp. Class B		1,451,169
	24,000	Bunge Ltd.		1,821,840
	48,400	Church & Dwight Co., Inc.		2,906,420
	16,800	Coca-Cola Femsa, S.A.B. de C.V.
		ADR (1)		2,116,464
	130,000	Companhia de Bebidas das
		Americas ADR		4,985,500
	14,000	Costco Wholesale Corp.		1,611,680
	23,400	Energizer Holdings, Inc.		2,132,910
	89,812	Flowers Foods, Inc.		1,925,569
	20,000	Fomento Economico Mexicano
		S.A.B. de C.V. ADR		1,941,800
	64,000	General Mills, Inc.		3,066,880
	9,000	Green Mountain Coffee Roasters,
		Inc. * (1)		677,970
	43,000	Hormel Foods Corp.		1,811,160
	3,000	McCormick & Co., Inc.		194,100
	29,000	PepsiCo, Inc.		2,305,500
	22,000	Reynolds American, Inc.		1,073,160
	32,000	Whole Foods Market, Inc.		1,872,000
				35,423,302
		ENERGY (5.5%)
	18,000	Chevron Corp.		2,187,000
	8,600	CNOOC Ltd. ADR		1,735,480
	14,600	Core Laboratories N.V.		2,470,466
	17,000	Enbridge, Inc.		709,580
	28,000	EQT Corp.		2,484,160
	70,000	FMC Technologies, Inc. *		3,879,400
	51,400	Noble Energy, Inc.		3,444,314
Shares			Value
	6,000	Oceaneering International, Inc.	$	487,440
	5,000	Oil States International, Inc. *		517,300
	5,346	Pioneer Natural Resources Co.		1,009,325
	26,000	TransCanada Corp. (1)		1,142,440
	25,600	Ultrapar Participacoes S.A. ADR		629,504
				20,696,409
		FINANCIALS (11.4%)
	8,000	ACE Ltd.		748,480
	21,000	Affiliated Managers Group, Inc. *		3,835,440
	52,600	AFLAC, Inc.		3,260,674
	1,800	Alleghany Corp. *		737,370
	36,000	American Tower Corp. REIT		2,668,680
	45,000	Arch Capital Group Ltd. *		2,435,850
	8,316	Banco de Chile ADR (1)		762,577
	12,000	Bancolombia S.A. ADR (1)		690,480
	13,300	Bank of Montreal (1)		888,706
	22,100	Bank of Nova Scotia (1)		1,266,551
	7,700	BlackRock, Inc.		2,083,774
	16,000	BRE Properties, Inc. REIT		812,160
	11,400	Camden Property Trust REIT		700,416
	4,200	Canadian Imperial Bank of
		Commerce		334,908
	27,000	Digital Realty Trust, Inc. (1)		1,433,700
	23,200	Equity Lifestyle Properties, Inc.
		REIT		792,744
	9,400	Essex Property Trust, Inc. REIT		1,388,380
	1,200	Everest Re Group Ltd.		174,492
	17,000	HCP, Inc. REIT		696,150
	75,500	HDFC Bank Ltd. ADR		2,323,890
	30,513	Itau Unibanco Holding S.A. ADR		430,844
	22,000	M&T Bank Corp.		2,462,240
	15,000	MetLife, Inc.		704,250
	10,000	PartnerRe Ltd.		915,400
	27,000	Portfolio Recovery Associates, Inc. *		1,618,380
	5,000	Principal Financial Group, Inc.		214,100
	30,000	ProAssurance Corp.		1,351,800
	21,500	Prudential Financial, Inc.		1,676,570
	26,000	Royal Bank of Canada		1,669,460
	17,000	Stifel Financial Corp. *		700,740
	17,000	T. Rowe Price Group, Inc.		1,222,810
	8,000	Taubman Centers, Inc. REIT		538,480
	7,400	Toronto-Dominion Bank (The)		665,852
	30,000	Wells Fargo & Co.		1,239,600
				43,445,948
		HEALTH CARE (11.7%)
	37,800	Alexion Pharmaceuticals, Inc. *		4,390,848
	17,200	Allergan, Inc.		1,555,740
	15,200	Bayer AG ADR (1)		1,792,688
	14,500	Becton, Dickinson & Co.		1,450,290
	2,000	Bio-Rad Laboratories, Inc. Class A *		235,120
	14,800	Bio-Reference Laboratories, Inc. *
		(1)		442,224
	17,000	C.R. Bard, Inc.		1,958,400
	56,000	Catamaran Corp. *		2,573,200
	68,000	Cerner Corp. *		3,573,400
	6,200	Cooper Cos., Inc. (The)		804,078
	6,000	DaVita HealthCare Partners, Inc. *		341,400

1

Value Line Premier Growth Fund, Inc.

September 30, 2013

Shares			Value
	10,000	DENTSPLY International, Inc.	$	434,100
	26,000	Edwards Lifesciences Corp. *		1,810,380
	46,000	Express Scripts Holding Co. *		2,841,880
	8,600	Fresenius Medical Care AG & Co.
		KGaA ADR		278,468
	38,800	Henry Schein, Inc. *		4,023,560
	16,000	HMS Holdings Corp. *		344,160
	24,000	IDEXX Laboratories, Inc. *		2,391,600
	7,000	McKesson Corp.		898,100
	2,000	Mednax, Inc. *		200,800
	13,900	Mettler-Toledo International, Inc. *		3,337,251
	6,500	MWI Veterinary Supply, Inc. *		970,840
	17,800	Novo Nordisk A/S ADR		3,012,116
	4,000	ResMed, Inc. (1)		211,280
	23,000	Teva Pharmaceutical Industries
		Ltd. ADR		868,940
	29,000	Thermo Fisher Scientific, Inc.		2,672,350
	6,000	Universal Health Services, Inc.
		Class B		449,940
	7,000	WellPoint, Inc.		585,270
				44,448,423
		INDUSTRIALS (26.9%)
	85,000	ABB Ltd. ADR *		2,005,150
	25,300	Acuity Brands, Inc.		2,328,106
	96,750	AMETEK, Inc.		4,452,435
	39,200	AZZ, Inc.		1,640,912
	15,000	C.H. Robinson Worldwide, Inc.		893,400
	29,900	Canadian National Railway Co.		3,030,963
	31,000	Chicago Bridge & Iron Co. N.V.		2,100,870
	35,000	CLARCOR, Inc.		1,943,550
	10,000	Clean Harbors, Inc. *		586,600
	61,000	Danaher Corp.		4,228,520
	56,000	Donaldson Co., Inc.		2,135,280
	16,200	Eaton Corp. PLC		1,115,208
	26,000	EnerSys		1,576,380
	14,800	Equifax, Inc.		885,780
	18,000	Esterline Technologies Corp. *		1,438,020
	30,000	Fastenal Co.		1,507,500
	15,000	FedEx Corp.		1,711,650
	12,000	Flowserve Corp.		748,680
	16,000	General Dynamics Corp.		1,400,320
	6,000	Graco, Inc.		444,360
	23,250	HEICO Corp.		1,574,955
	47,850	IDEX Corp.		3,122,212
	12,600	IHS, Inc. Class A *		1,438,668
	31,776	Iron Mountain, Inc.		858,588
	33,000	J.B. Hunt Transport Services, Inc.		2,406,690
	21,000	Kansas City Southern		2,296,560
	36,000	Kirby Corp. *		3,115,800
	5,000	L-3 Communications Holdings,
		Inc.		472,500
	26,000	Lincoln Electric Holdings, Inc.		1,732,120
	12,000	Oshkosh Corp. *		587,760
	33,000	Parker Hannifin Corp.		3,587,760
	17,800	Precision Castparts Corp.		4,044,872
	66,500	Republic Services, Inc.		2,218,440
	7,000	Rockwell Automation, Inc.		748,580
	54,000	Rollins, Inc.		1,431,540
	36,000	Roper Industries, Inc.		4,783,320

Shares			Value
	50,700	Rush Enterprises, Inc. Class A *	$	1,344,057
	2,000	Snap-on, Inc.		199,000
	37,600	Stericycle, Inc. *		4,339,040
	19,000	Teledyne Technologies, Inc. *		1,613,670
	66,000	Toro Co. (The)		3,587,100
	14,700	Towers Watson & Co. Class A		1,572,312
	25,000	Union Pacific Corp.		3,883,500
	31,000	United Technologies Corp.		3,342,420
	12,700	Valmont Industries, Inc.		1,764,157
	12,600	W.W. Grainger, Inc.		3,297,546
	42,800	Wabtec Corp.		2,690,836
	67,600	Waste Connections, Inc.		3,069,716
	22,000	Woodward Inc.		898,260
				102,195,663
		INFORMATION TECHNOLOGY (9.4%)
	25,000	Accenture PLC Class A		1,841,000
	19,400	Alliance Data Systems Corp. *		4,102,518
	30,800	Amphenol Corp. Class A		2,383,304
	9,700	Anixter International, Inc. *		850,302
	60,000	ANSYS, Inc. *		5,191,200
	17,000	Automatic Data Processing, Inc.		1,230,460
	42,000	Cognizant Technology Solutions
		Corp. Class A *		3,449,040
	14,600	Equinix, Inc. *		2,681,290
	1,400	Fiserv, Inc. *		141,470
	8,600	MasterCard, Inc. Class A		5,785,908
	12,600	MICROS Systems, Inc. *		629,244
	3,000	NCR Corp. *		118,830
	75,000	Salesforce.com, Inc. *		3,893,250
	51,000	Trimble Navigation Ltd. *		1,515,210
	1,000	Ultimate Software Group, Inc.
		(The) *		147,400
	20,300	WEX, Inc. *		1,781,325
				35,741,751
		MATERIALS (7.9%)
	16,000	Agrium, Inc. (1)		1,344,480
	15,000	Air Products & Chemicals, Inc.		1,598,550
	8,000	Airgas, Inc.		848,400
	3,600	Albemarle Corp.		226,584
	30,700	AptarGroup, Inc.		1,845,991
	20,000	Ball Corp.		897,600
	12,400	BASF SE ADR (1)		1,190,400
	4,000	Compass Minerals International,
		Inc.		305,080
	29,000	Crown Holdings, Inc. *		1,226,120
	3,200	Cytec Industries, Inc.		260,352
	43,000	Ecolab, Inc.		4,246,680
	24,000	FMC Corp.		1,721,280
	6,600	NewMarket Corp. (1)		1,900,206
	31,000	Praxair, Inc.		3,726,510
	24,000	Rockwood Holdings, Inc.		1,605,600
	20,200	Scotts Miracle-Gro Co. (The) Class
		A		1,111,606
	30,000	Sigma-Aldrich Corp.		2,559,000
	12,800	Syngenta AG ADR		1,040,640
	39,000	Valspar Corp. (The)		2,473,770
				30,128,849

2

Value Line Premier Growth Fund, Inc.

Schedule of Investments (unaudited)
Shares			Value
		TELECOMMUNICATION SERVICES (1.6%)
	36,000	Crown Castle International Corp. *	$	2,629,080
	43,000	SBA Communications Corp. Class
		A *		3,459,780
				6,088,860
		UTILITIES (2.7%)
	165,600	Cia de Saneamento Basico do
		Estado de Sao Paulo ADR (1)		1,649,376
	20,000	ITC Holdings Corp.		1,877,200
	14,400	MDU Resources Group, Inc.		402,768
	13,000	NextEra Energy, Inc.		1,042,080
	32,000	ONEOK, Inc.		1,706,240
	52,000	Questar Corp.		1,169,480
	14,000	Sempra Energy		1,198,400
	26,800	Wisconsin Energy Corp.		1,082,184
				10,127,728
		TOTAL COMMON STOCKS
		(Cost $191,229,057) (97.7%)		371,414,324
Principal
Amount			Value
SHORT-TERM INVESTMENTS (6.6%)
		REPURCHASE AGREEMENTS (2.2%)
$	8,300,000	With Morgan Stanley, 0.02%,
		dated 09/30/13, due 10/01/13,
		delivery value $8,300,005
		(collateralized by $8,430,000
		U.S. Treasury Notes 1.000% due
		03/31/17, with a value of
		$8,472,052)	$	8,300,000
		JOINT REPURCHASE AGREEMENTS
		(INVESTMENTS OF CASH COLLATERAL FOR
		SECURITIES ON LOAN) (4.4%)
	6,127,278	Joint Repurchase Agreement with
		Morgan Stanley, 0.05%, dated
		09/30/13, due 10/01/13, delivery
		value $6,127,287 (collateralized
		by $6,249,824 U.S. Treasury
		STRIPS Zero Coupon Notes due
		11/15/15 - 08/15/23, U.S.
		Treasury Notes 0.250% - 1.250%
		due 09/15/15 - 09/30/15, and
		U.S. Treasury Bonds 6.125%
		due 11/15/27, with a value of
		$6,185,786)		6,127,278
Principal
Amount			Value
$	6,405,791	Joint Repurchase Agreement with
		Barclays, 0.06%, dated 09/30/13,
		due 10/01/13, delivery value
		$6,405,801 (collateralized by
		$6,533,926 U.S. Treasury
		Inflation Indexed Notes 0.500%
		due 04/15/15, with a value of
		$6,519,285)	$	6,405,791
	4,177,689	Joint Repurchase Agreement with
		Credit Suisse First Boston,
		0.05%, dated 09/30/13, due
		10/01/13, delivery value
		$4,177,695 (collateralized by
		$4,261,657 U.S. Treasury Notes
		0.250% due 10/15/15, with a
		value of $4,256,762)		4,177,689
				16,710,758
		TOTAL SHORT-TERM
		INVESTMENTS
		(Cost $25,010,758) (6.6%)		25,010,758
		TOTAL INVESTMENT
		SECURITIES (104.3%)
		(Cost $216,239,815)	$	396,425,082
EXCESS OF LIABILITIES OVER CASH AND
OTHER ASSETS (-4.3%)				(16,177,687	)
NET ASSETS (2) (100%)			$	380,247,395
NET ASSET VALUE OFFERING AND
REDEMPTION PRICE, PER OUTSTANDING
SHARE
($380,247,395 ÷ 11,302,900 shares outstanding)			$	33.64

*	Non-income producing.
(1)	A portion or all of the security was held on loan. As of September 30, 2013, the market value of the securities on loan was $16,274,400.
(2)	For federal income tax purposes, the aggregate cost was $216,239,815, aggregate gross unrealized appreciation was $181,073,887, aggregate gross unrealized depreciation was $888,620 and the net unrealized appreciation was $180,185,267.
ADR	American Depositary Receipt.
REIT	Real Estate Investment Trust.
STRIPS	Separate Trading of Registered Interest and Principal Securities.

3

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.

The following table summarizes the inputs used to value the Fund’s investments in securities as of September 30, 2013:

Investments in Securities:	Level 1		Level 2		Level 3		Total
Assets
Common Stocks	$	371,414,324	$	0	$	0	$	371,414,324
Short-Term Investments		0		25,010,758		0		25,010,758
Total Investments in Securities	$	371,414,324	$	25,010,758	$	0	$	396,425,082

The Fund follows the updated provisions surrounding fair value measurements and disclosures on transfers in and out of all levels of the fair value hierarchy on a gross basis and the reasons for the transfers as well as to disclosures about the valuation techniques and inputs used to measure fair value for investments that fall in either Level 2 or Level 3 of the fair value hierarchy.

The Fund’s policy is to recognize transfers between levels at the beginning of the reporting period.

The amounts and reasons for all transfers in and out of each level within the three-tier hierarchy are disclosed when the Fund had an amount of total transfers during the reporting period that was meaningful in relation to its net assets as of the end of the reporting period. 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.

For the period ended September 30, 2013 there were no Level 3 investments. The Schedule of Investments includes a breakdown of the Schedule’s investments by category.

Item 2. Controls and Procedures.

(a)   The registrant’s principal executive officer and principal financial officer have concluded that the   registrant’s disclosure controls and procedures (as defined in rule 30a-2(c) under the Act (17 CFR 270.30a-2(c) ) based on their evaluation of these controls and procedures as of the date within 90 days of filing date of this report, are approximately designed to ensure that material information relating to the registrant is made known to such officers and are operating effectively.

(b)   The registrant’s principal executive officer and principal financial officer have determined that there have been no significant changes in the registrant’s internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including corrective actions with regard to significant deficiencies and material weaknesses.

Item 3. Exhibits:

(a)   Certifications of principal executive officer and principal financial officer of the registrant.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

By	/s/ Mitchell E. Appel
	Mitchell E. Appel, President
Date:	November 25, 2013

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/ Mitchell E. Appel
	Mitchell E. Appel, President, Principal Executive Officer
By:	/s/  Emily D. Washington
	Emily D. Washington, Treasurer, Principal Financial Officer
Date:	November 25, 2013