Shareholder Report | 6 Months Ended | 104 Months Ended |
Jun. 30, 2024 USD ($) Holding | Jun. 30, 2024 USD ($) Holding |
Shareholder Report [Line Items] | | |
Document Type | N-CSRS | |
Amendment Flag | false | |
Registrant Name | Value Line Larger Companies Focused Fund, Inc. | |
Entity Central Index Key | 0000102764 | |
Entity Investment Company Type | N-1A | |
Document Period End Date | Jun. 30, 2024 | |
C000162163 | | |
Shareholder Report [Line Items] | | |
Fund Name | Value Line Larger Companies Focused Fund, Inc. | |
Class Name | Institutional | |
Trading Symbol | VLLIX | |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about Value Line Larger Companies Focused Fund, Inc. for the period of January 1, 2024 to June 30, 2024. | |
Shareholder Report Annual or Semi-Annual | Semi-Annual Shareholder Report | |
Additional Information [Text Block] | You can find additional information about the Fund at www.vlfunds.com investorservices vlfunds.com | |
Additional Information Phone Number | 1-800-243-2729 | |
Additional Information Email | investorservices@vlfunds.com</span>" id="sjs-B19"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 12px; font-weight: 400; grid-area: auto; line-height: 18px; margin: 0px; overflow: visible; text-align: left;">investorservices@vlfunds.com</span> | |
Additional Information Website | www.vlfunds.com</span>" id="sjs-B20"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 12px; font-weight: 400; grid-area: auto; line-height: 18px; margin: 0px; overflow: visible; text-align: left;">www.vlfunds.com</span> | |
Expenses [Text Block] | What were the Fund costs for last six months? (based on a hypothetical $10,000 investment) Class Name Cost of a $10,000 investment Costs paid as a percentage of a $10,000 investment Institutional Class $47 0.89% | |
Expenses Paid, Amount | $ 47 | |
Expense Ratio, Percent | 0.89% | |
Factors Affecting Performance [Text Block] | How did the fund perform last six months and what affected its performance? The Fund's Institutional Class generated a total return of 14.44% during the six months ended June 30, 2024. This compares to the 15.29% return of the Fund’s benchmark, the S&P 500 Index, during the semiannual period. The Fund’s secondary benchmark, the Russell 1000 Growth Index, posted a return of 20.70% during the semiannual period. The Fund underperformed the S&P 500 ® ® Stock selection in the health care, consumer discretionary and communication services sectors detracted most from the Fund’s relative results. Within health care, having an overweighted allocation to the biotechnology industry, which performed weakly, and an underweighted exposure to the pharmaceuticals industry, which was the strongest segment of the sector, particularly dampened relative results. Having an overweighted allocation to consumer discretionary, which lagged the S&P 500 ® During the semiannual period, the stocks that detracted most from the Fund’s performance were molecular diagnostics company Exact Sciences, electric vehicle manufacturer Rivian Automotive and online dating services operator Match Group. Exact Sciences’ double-digit share price decline largely reflected competition risks, even as the company demonstrated strong execution and a sizable market opportunity for cancer tests, including its Cologuard for colon cancer. Shares of Rivian Automotive saw a double-digit price decline, partially due to economic and geopolitical uncertainties pressuring electric vehicle pricing as well as some competitive and financial concerns. Match Group’s shares fell substantially, largely driven by the lackluster performance of its Tinder segment, including lower than expected user growth. The individual stocks that contributed most positively to the Fund’s relative results were computer graphics processors manufacturer NVIDIA, cybersecurity technology company CrowdStrike Holdings and financial services platform operator Robinhood Markets. NVIDIA’s triple-digit share price advance, driven by strong quarterly results and execution and its leadership position in the fast-growing and transformational artificial intelligence (AI) semiconductor market. CrowdStrike Holdings enjoyed a significant double-digit share price gain, largely reflecting strong execution and demand for its AI software security solutions. Shares of Robinhood Markets saw a robust double-digit price gain, driven primarily by strong transaction revenue and deposit growth as well as increasing scale and profitability metrics. | |
Performance Past Does Not Indicate Future [Text] | The performance data quoted represent past performance and are no guarantee of future performance. The investment return and principal value of an investment will fluctuate so that an investment, when redeemed, may be worth more or less than its original cost. The performance data includes reinvestments of all dividends and distributions but does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.</p>" id="sjs-B25"><p style="box-sizing: border-box; color: rgb(0, 0, 0); display: block; flex-wrap: nowrap; font-size: 12px; font-weight: 400; grid-area: auto; line-height: 18px; margin: 0px; overflow: visible; text-align: left;">The performance data quoted represent past performance and are no guarantee of future performance. The investment return and principal value of an investment will fluctuate so that an investment, when redeemed, may be worth more or less than its original cost. The performance data includes reinvestments of all dividends and distributions but does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.</p> | |
Line Graph [Table Text Block] | Value Line Larger Companies Focused Fund Inc.-Institutional Class S&P 500 ® Russell 1000 ® 10/15 $10,000 $10,000 $10,000 11/15 $9,975 $10,030 $10,028 12/15 $9,927 $9,872 $9,881 01/16 $8,880 $9,382 $9,329 02/16 $8,861 $9,369 $9,325 03/16 $9,373 $10,005 $9,954 04/16 $9,506 $10,043 $9,863 05/16 $9,798 $10,224 $10,055 06/16 $9,540 $10,250 $10,015 07/16 $10,241 $10,628 $10,488 08/16 $10,450 $10,643 $10,436 09/16 $10,496 $10,645 $10,474 10/16 $10,181 $10,451 $10,228 11/16 $9,995 $10,838 $10,451 12/16 $9,966 $11,052 $10,580 01/17 $10,546 $11,262 $10,937 02/17 $10,962 $11,709 $11,391 03/17 $11,239 $11,723 $11,523 04/17 $11,711 $11,843 $11,786 05/17 $11,667 $12,010 $12,093 06/17 $12,131 $12,085 $12,061 07/17 $12,767 $12,333 $12,381 08/17 $13,152 $12,371 $12,608 09/17 $13,122 $12,626 $12,772 10/17 $13,200 $12,921 $13,267 11/17 $13,243 $13,317 $13,670 12/17 $13,351 $13,465 $13,777 01/18 $14,721 $14,236 $14,752 02/18 $14,404 $13,711 $14,366 03/18 $14,092 $13,363 $13,972 04/18 $14,409 $13,414 $14,020 05/18 $14,954 $13,737 $14,635 06/18 $15,318 $13,822 $14,776 07/18 $15,257 $14,336 $15,210 08/18 $16,021 $14,803 $16,041 09/18 $16,375 $14,887 $16,131 10/18 $14,311 $13,870 $14,688 11/18 $14,716 $14,153 $14,844 12/18 $13,558 $12,875 $13,568 01/19 $15,549 $13,906 $14,788 02/19 $15,874 $14,353 $15,317 03/19 $16,258 $14,632 $15,753 04/19 $16,632 $15,224 $16,464 05/19 $15,426 $14,257 $15,424 06/19 $16,712 $15,262 $16,484 07/19 $16,477 $15,481 $16,856 08/19 $15,666 $15,236 $16,727 09/19 $15,004 $15,521 $16,729 10/19 $15,191 $15,857 $17,200 11/19 $16,653 $16,433 $17,964 12/19 $17,072 $16,928 $18,506 01/20 $17,207 $16,922 $18,919 02/20 $16,572 $15,529 $17,631 03/20 $14,438 $13,611 $15,896 04/20 $17,360 $15,356 $18,249 05/20 $19,160 $16,087 $19,474 06/20 $20,124 $16,407 $20,322 07/20 $21,130 $17,332 $21,885 08/20 $22,712 $18,578 $24,144 09/20 $21,906 $17,872 $23,008 10/20 $21,430 $17,397 $22,226 11/20 $23,665 $19,301 $24,502 12/20 $24,988 $20,043 $25,629 01/21 $25,201 $19,841 $25,439 02/21 $25,718 $20,388 $25,433 03/21 $25,001 $21,281 $25,870 04/21 $26,157 $22,416 $27,630 05/21 $25,659 $22,573 $27,248 06/21 $27,223 $23,100 $28,958 07/21 $27,074 $23,649 $29,912 08/21 $27,927 $24,368 $31,030 09/21 $26,480 $23,234 $29,293 10/21 $27,824 $24,862 $31,830 11/21 $25,924 $24,690 $32,024 12/21 $25,768 $25,797 $32,701 01/22 $23,672 $24,462 $29,895 02/22 $22,509 $23,729 $28,625 03/22 $22,990 $24,610 $29,745 04/22 $19,309 $22,464 $26,153 05/22 $18,435 $22,505 $25,545 06/22 $16,406 $20,648 $23,521 07/22 $17,969 $22,552 $26,344 08/22 $17,739 $21,632 $25,117 09/22 $15,836 $19,640 $22,675 10/22 $16,784 $21,230 $24,001 11/22 $17,339 $22,416 $25,094 12/22 $15,757 $21,125 $23,173 01/23 $18,213 $22,452 $25,105 02/23 $17,794 $21,904 $24,807 03/23 $19,026 $22,708 $26,502 04/23 $18,682 $23,063 $26,764 05/23 $20,099 $23,163 $27,984 06/23 $21,373 $24,693 $29,897 07/23 $22,982 $25,487 $30,904 08/23 $22,454 $25,081 $30,627 09/23 $21,230 $23,885 $28,961 10/23 $20,308 $23,383 $28,549 11/23 $23,192 $25,518 $31,661 12/23 $25,136 $26,678 $33,063 01/24 $25,430 $27,126 $33,888 02/24 $27,299 $28,574 $36,200 03/24 $28,112 $29,494 $36,837 04/24 $25,966 $28,289 $35,275 05/24 $26,947 $29,692 $37,386 06/24 $28,765 $30,757 $39,907 | |
Average Annual Return [Table Text Block] | 1 Year 5 Years Since Inception 11/1/15 Institutional Class 34.59% 11.47% 12.97% S&P 500 ® 24.56% 15.05% 13.70% Russell 1000 ® 33.48% 19.34% 17.32% | |
Performance Inception Date | | Nov. 01, 2015 |
AssetsNet | $ 358,184,976 | $ 358,184,976 |
Holdings Count | Holding | 39 | 39 |
InvestmentCompanyPortfolioTurnover | 12% | |
Additional Fund Statistics [Text Block] | Key Fund Statistics Total Net Assets $358,184,976 # of Portfolio Holdings 39 Portfolio Turnover Rate 12% | |
Holdings [Text Block] | Asset Allocation Value Value Common Stocks 99.7% Cash & Other Assets - Net 0.3% | |
Largest Holdings [Text Block] | Ten Largest Holdings NVIDIA Corp. 11.3% Meta Platforms, Inc. 6.6% Uber Technologies, Inc. 6.2% Amazon.com, Inc. 5.2% Alphabet, Inc. 4.8% Microsoft Corp. 4.0% Advanced Micro Devices, Inc. 4.0% Crowdstrike Holdings, Inc. 3.6% Netflix, Inc. 3.0% Vertex Pharmaceuticals, Inc. 3.0% | |
Material Fund Change [Text Block] | | |
Updated Prospectus Phone Number | 800-243-2729 | |
Updated Prospectus Email Address | investorservices@vlfunds.com</span>" id="sjs-B37"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 12px; font-weight: 400; grid-area: auto; line-height: 18px; margin: 0px; overflow: visible; text-align: left;">investorservices@vlfunds.com</span> | |
C000020637 | | |
Shareholder Report [Line Items] | | |
Fund Name | Value Line Larger Companies Focused Fund, Inc. | |
Class Name | Investor | |
Trading Symbol | VALLX | |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about Value Line Larger Companies Focused Fund, Inc. for the period of January 1, 2024 to June 30, 2024. | |
Shareholder Report Annual or Semi-Annual | Semi-Annual Shareholder Report | |
Additional Information [Text Block] | You can find additional information about the Fund at www.vlfunds.com investorservices vlfunds.com | |
Additional Information Phone Number | 1-800-243-2729 | |
Additional Information Email | investorservices@vlfunds.com</span>" id="sjs-B47"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 12px; font-weight: 400; grid-area: auto; line-height: 18px; margin: 0px; overflow: visible; text-align: left;">investorservices@vlfunds.com</span> | |
Additional Information Website | www.vlfunds.com</span>" id="sjs-B48"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 12px; font-weight: 400; grid-area: auto; line-height: 18px; margin: 0px; overflow: visible; text-align: left;">www.vlfunds.com</span> | |
Expenses [Text Block] | What were the Fund costs for last six months? (based on a hypothetical $10,000 investment) Class Name Cost of a $10,000 investment Costs paid as a percentage of a $10,000 investment Investor Class $61 1.14% | |
Expenses Paid, Amount | $ 61 | |
Expense Ratio, Percent | 1.14% | |
Factors Affecting Performance [Text Block] | How did the fund perform last six months and what affected its performance? The Fund's Investor Class generated a total return of 14.31% during the six months ended June 30, 2024. This compares to the 15.29% return of the Fund’s benchmark, the S&P 500 Index, during the semiannual period. The Fund’s secondary benchmark, the Russell 1000 Growth Index, posted a return of 20.70% during the semiannual period. The Fund underperformed the S&P 500 ® ® Stock selection in the health care, consumer discretionary and communication services sectors detracted most from the Fund’s relative results. Within health care, having an overweighted allocation to the biotechnology industry, which performed weakly, and an underweighted exposure to the pharmaceuticals industry, which was the strongest segment of the sector, particularly dampened relative results. Having an overweighted allocation to consumer discretionary, which lagged the S&P 500 ® During the semiannual period, the stocks that detracted most from the Fund’s performance were molecular diagnostics company Exact Sciences, electric vehicle manufacturer Rivian Automotive and online dating services operator Match Group. Exact Sciences’ double-digit share price decline largely reflected competition risks, even as the company demonstrated strong execution and a sizable market opportunity for cancer tests, including its Cologuard for colon cancer. Shares of Rivian Automotive saw a double-digit price decline, partially due to economic and geopolitical uncertainties pressuring electric vehicle pricing as well as some competitive and financial concerns. Match Group’s shares fell substantially, largely driven by the lackluster performance of its Tinder segment, including lower than expected user growth. The individual stocks that contributed most positively to the Fund’s relative results were computer graphics processors manufacturer NVIDIA, cybersecurity technology company CrowdStrike Holdings and financial services platform operator Robinhood Markets. NVIDIA’s triple-digit share price advance, driven by strong quarterly results and execution and its leadership position in the fast-growing and transformational artificial intelligence (AI) semiconductor market. CrowdStrike Holdings enjoyed a significant double-digit share price gain, largely reflecting strong execution and demand for its AI software security solutions. Shares of Robinhood Markets saw a robust double-digit price gain, driven primarily by strong transaction revenue and deposit growth as well as increasing scale and profitability metrics. | |
Performance Past Does Not Indicate Future [Text] | The performance data quoted represent past performance and are no guarantee of future performance. The investment return and principal value of an investment will fluctuate so that an investment, when redeemed, may be worth more or less than its original cost. The performance data includes reinvestments of all dividends and distributions but does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.</p>" id="sjs-B53"><p style="box-sizing: border-box; color: rgb(0, 0, 0); display: block; flex-wrap: nowrap; font-size: 12px; font-weight: 400; grid-area: auto; line-height: 18px; margin: 0px; overflow: visible; text-align: left;">The performance data quoted represent past performance and are no guarantee of future performance. The investment return and principal value of an investment will fluctuate so that an investment, when redeemed, may be worth more or less than its original cost. The performance data includes reinvestments of all dividends and distributions but does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.</p> | |
Line Graph [Table Text Block] | Value Line Larger Companies Focused Fund Inc.-Investor Class S&P 500 ® Russell 1000 ® 06/14 $10,000 $10,000 $10,000 07/14 $9,885 $9,862 $9,847 08/14 $10,352 $10,257 $10,298 09/14 $10,193 $10,113 $10,149 10/14 $10,471 $10,360 $10,416 11/14 $10,760 $10,638 $10,746 12/14 $10,654 $10,612 $10,634 01/15 $10,590 $10,293 $10,471 02/15 $11,303 $10,885 $11,169 03/15 $11,269 $10,712 $11,042 04/15 $11,185 $10,815 $11,098 05/15 $11,425 $10,954 $11,254 06/15 $11,290 $10,742 $11,056 07/15 $11,766 $10,967 $11,431 08/15 $11,041 $10,306 $10,736 09/15 $10,649 $10,051 $10,471 10/15 $11,606 $10,898 $11,372 11/15 $11,732 $10,931 $11,404 12/15 $11,706 $10,758 $11,237 01/16 $10,489 $10,225 $10,610 02/16 $10,448 $10,211 $10,605 03/16 $11,046 $10,903 $11,320 04/16 $11,202 $10,946 $11,217 05/16 $11,550 $11,142 $11,435 06/16 $11,242 $11,171 $11,390 07/16 $12,063 $11,583 $11,927 08/16 $12,313 $11,599 $11,868 09/16 $12,362 $11,602 $11,912 10/16 $11,991 $11,390 $11,632 11/16 $11,768 $11,812 $11,885 12/16 $11,734 $12,045 $12,032 01/17 $12,417 $12,274 $12,438 02/17 $12,900 $12,761 $12,954 03/17 $13,226 $12,776 $13,104 04/17 $13,781 $12,907 $13,404 05/17 $13,730 $13,089 $13,752 06/17 $14,275 $13,170 $13,716 07/17 $15,018 $13,441 $14,081 08/17 $15,471 $13,482 $14,339 09/17 $15,430 $13,760 $14,525 10/17 $15,522 $14,082 $15,088 11/17 $15,568 $14,513 $15,546 12/17 $15,700 $14,675 $15,667 01/18 $17,300 $15,515 $16,777 02/18 $16,933 $14,943 $16,337 03/18 $16,566 $14,563 $15,889 04/18 $16,927 $14,619 $15,945 05/18 $17,569 $14,971 $16,643 06/18 $17,991 $15,064 $16,804 07/18 $17,919 $15,624 $17,297 08/18 $18,812 $16,133 $18,243 09/18 $19,223 $16,225 $18,345 10/18 $16,801 $15,116 $16,704 11/18 $17,273 $15,424 $16,882 12/18 $15,905 $14,031 $15,430 01/19 $18,239 $15,156 $16,817 02/19 $18,622 $15,642 $17,419 03/19 $19,068 $15,946 $17,915 04/19 $19,501 $16,592 $18,724 05/19 $18,082 $15,538 $17,541 06/19 $19,583 $16,633 $18,746 07/19 $19,306 $16,872 $19,169 08/19 $18,352 $16,605 $19,022 09/19 $17,580 $16,915 $19,025 10/19 $17,787 $17,282 $19,561 11/19 $19,501 $17,909 $20,429 12/19 $19,988 $18,449 $21,045 01/20 $20,140 $18,442 $21,516 02/20 $19,393 $16,924 $20,050 03/20 $16,894 $14,834 $18,078 04/20 $20,299 $16,735 $20,753 05/20 $22,403 $17,532 $22,146 06/20 $23,525 $17,881 $23,110 07/20 $24,694 $18,889 $24,889 08/20 $26,542 $20,247 $27,457 09/20 $25,594 $19,478 $26,165 10/20 $25,033 $18,960 $25,276 11/20 $27,643 $21,035 $27,864 12/20 $29,179 $21,844 $29,146 01/21 $29,415 $21,623 $28,930 02/21 $30,016 $22,220 $28,924 03/21 $29,179 $23,193 $29,421 04/21 $30,518 $24,431 $31,422 05/21 $29,932 $24,601 $30,988 06/21 $31,751 $25,175 $32,932 07/21 $31,568 $25,773 $34,017 08/21 $32,565 $26,557 $35,289 09/21 $30,861 $25,322 $33,313 10/21 $32,428 $27,096 $36,198 11/21 $30,206 $26,908 $36,419 12/21 $30,021 $28,114 $37,189 01/22 $27,575 $26,659 $33,998 02/22 $26,221 $25,861 $32,554 03/22 $26,771 $26,821 $33,827 04/22 $22,472 $24,483 $29,742 05/22 $21,459 $24,527 $29,051 06/22 $19,091 $22,503 $26,749 07/22 $20,900 $24,578 $29,960 08/22 $20,629 $23,575 $28,564 09/22 $18,410 $21,404 $25,787 10/22 $19,510 $23,137 $27,295 11/22 $20,157 $24,430 $28,538 12/22 $18,317 $23,023 $26,353 01/23 $21,161 $24,469 $28,550 02/23 $20,675 $23,872 $28,211 03/23 $22,102 $24,749 $30,139 04/23 $21,695 $25,135 $30,437 05/23 $23,340 $25,244 $31,824 06/23 $24,816 $26,912 $34,000 07/23 $26,669 $27,777 $35,146 08/23 $26,044 $27,334 $34,830 09/23 $24,628 $26,031 $32,936 10/23 $23,548 $25,484 $32,467 11/23 $26,887 $27,811 $36,006 12/23 $29,135 $29,075 $37,601 01/24 $29,472 $29,563 $38,539 02/24 $31,632 $31,142 $41,168 03/24 $32,573 $32,144 $41,893 04/24 $30,076 $30,831 $40,116 05/24 $31,206 $32,360 $42,517 06/24 $33,306 $33,521 $45,384 | |
Average Annual Return [Table Text Block] | 1 Year 5 Years 10 Years Investor Class 34.21% 11.21% 12.79% S&P 500 ® 24.56% 15.05% 12.86% Russell 1000 ® 33.48% 19.34% 16.33% | |
AssetsNet | $ 358,184,976 | $ 358,184,976 |
Holdings Count | Holding | 39 | 39 |
InvestmentCompanyPortfolioTurnover | 12% | |
Additional Fund Statistics [Text Block] | Key Fund Statistics Total Net Assets $358,184,976 # of Portfolio Holdings 39 Portfolio Turnover Rate 12% | |
Holdings [Text Block] | Asset Allocation Value Value Common Stocks 99.7% Cash & Other Assets - Net 0.3% | |
Largest Holdings [Text Block] | Ten Largest Holdings NVIDIA Corp. 11.3% Meta Platforms, Inc. 6.6% Uber Technologies, Inc. 6.2% Amazon.com, Inc. 5.2% Alphabet, Inc. 4.8% Microsoft Corp. 4.0% Advanced Micro Devices, Inc. 4.0% Crowdstrike Holdings, Inc. 3.6% Netflix, Inc. 3.0% Vertex Pharmaceuticals, Inc. 3.0% | |
Material Fund Change [Text Block] | | |
Updated Prospectus Phone Number | 800-243-2729 | |
Updated Prospectus Email Address | investorservices@vlfunds.com</span>" id="sjs-B64"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 12px; font-weight: 400; grid-area: auto; line-height: 18px; margin: 0px; overflow: visible; text-align: left;">investorservices@vlfunds.com</span> | |