| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 37,579 | 226,924 | 54.32 | 4.27 | 189,345 | 34.29 | 3.46 |
| Capitec Bank Holdings Ltd. | 385 | 1,386 | 5.76 | 0.45 | 1,001 | 3.48 | 0.35 |
| FirstRand Ltd. | 411,482 | 1,093,741 | 99.26 | 7.80 | 682,259 | 52.98 | 5.35 |
| Investec Ltd. | 19,914 | 107,843 | 13.18 | 1.03 | 87,929 | 11.27 | 1.14 |
| Investec plc | 2,866 | 15,523 | 1.90 | 0.15 | 12,657 | 1.62 | 0.16 |
| Nedbank Group Ltd. | -43,916 | 80,549 | 21.45 | 1.68 | 124,465 | 26.57 | 2.68 |
| Standard Bank Group Ltd. | 19,148 | 163,848 | 47.58 | 3.74 | 144,700 | 34.21 | 3.45 |
| Banks Total | 447,458 | 1,689,814 | 243.43 | 19.12 | 1,242,356 | 164.42 | 16.61 |
| Anheuser-Busch InBev SA/NV | 11,454 | 24,790 | 26.54 | 2.08 | 13,336 | 13.69 | 1.38 |
| Beverages Total | 11,454 | 24,790 | 26.54 | 2.08 | 13,336 | 13.69 | 1.38 |
| Cash on call | 0 | 0 | -0.29 | -0.02 | 0 | 6.49 | 0.66 |
| Margin Account | 0 | 0 | 12.71 | 1.00 | 0 | 8.13 | 0.82 |
| Cash on call Total | 0 | 0 | 12.42 | 0.98 | 0 | 14.62 | 1.48 |
| AECI Ltd. | -14,305 | 0 | 0.00 | 0.00 | 14,305 | 1.39 | 0.14 |
| Sasol Ltd. | -3,816 | 57,203 | 6.07 | 0.48 | 61,019 | 6.56 | 0.66 |
| Chemicals Total | -18,121 | 57,203 | 6.07 | 0.48 | 75,324 | 7.95 | 0.80 |
| Stadio Holdings Ltd. | -143,934 | 0 | 0.00 | 0.00 | 143,934 | 1.51 | 0.15 |
| Consumer Services Total | -143,934 | 0 | 0.00 | 0.00 | 143,934 | 1.51 | 0.15 |
| Equity Derivative | 0 | 0 | 30.28 | 2.38 | 0 | 43.04 | 4.35 |
| Derivatives Total | 0 | 0 | 30.28 | 2.38 | 0 | 43.04 | 4.35 |
| Astral Foods Ltd. | 9,042 | 48,963 | 13.06 | 1.03 | 39,921 | 8.19 | 0.83 |
| Food Producers Total | 9,042 | 48,963 | 13.06 | 1.03 | 39,921 | 8.19 | 0.83 |
| Denmark - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Hong Kong - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| USA - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| For Currency Total | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Mondi plc | 7,684 | 41,610 | 8.47 | 0.67 | 33,926 | 7.99 | 0.81 |
| General Industrials Total | 7,684 | 41,610 | 8.47 | 0.67 | 33,926 | 7.99 | 0.81 |
| Sappi Ltd. | -21,363 | 0 | 0.00 | 0.00 | 21,363 | 0.49 | 0.05 |
| Industrial Materials Total | -21,363 | 0 | 0.00 | 0.00 | 21,363 | 0.49 | 0.05 |
| African Rainbow Minerals Ltd. | 36,760 | 50,143 | 9.97 | 0.78 | 13,383 | 2.48 | 0.25 |
| Afrimat Ltd. | -15,097 | 42,539 | 1.75 | 0.14 | 57,636 | 2.19 | 0.22 |
| Anglo American plc | 2,625 | 35,533 | 24.34 | 1.91 | 32,908 | 21.28 | 2.15 |
| BHP Group Ltd. | -5,721 | 3,274 | 1.66 | 0.13 | 8,995 | 4.29 | 0.43 |
| Glencore plc | 107,966 | 265,983 | 24.24 | 1.90 | 158,017 | 12.59 | 1.27 |
| Kumba Iron Ore Ltd. | -9,747 | 0 | 0.00 | 0.00 | 9,747 | 3.17 | 0.32 |
| South32 Ltd. | 2,954 | 23,081 | 0.91 | 0.07 | 20,127 | 0.63 | 0.06 |
| Industrial Metals and Mining Total | 119,740 | 420,553 | 62.88 | 4.94 | 300,813 | 46.62 | 4.71 |
| Ninety One Ltd. | 7,739 | 257,758 | 12.32 | 0.97 | 250,019 | 11.37 | 1.15 |
| Quilter plc | -82,411 | 0 | 0.00 | 0.00 | 82,411 | 3.16 | 0.32 |
| Reinet Investments SCA | -33,961 | 0 | 0.00 | 0.00 | 33,961 | 17.15 | 1.73 |
| Investment Banking and Brokerage Services Total | -108,633 | 257,758 | 12.32 | 0.97 | 366,391 | 31.67 | 3.20 |
| Momentum Group Ltd. | 152,047 | 661,479 | 25.29 | 1.99 | 509,432 | 16.70 | 1.69 |
| Old Mutual Ltd. | 392,471 | 2,125,437 | 31.67 | 2.49 | 1,732,966 | 23.14 | 2.34 |
| Sanlam Ltd. | 82,767 | 448,226 | 44.15 | 3.47 | 365,459 | 30.55 | 3.09 |
| Life Insurance Total | 627,285 | 3,235,142 | 101.11 | 7.94 | 2,607,857 | 70.39 | 7.11 |
| Bid Corporation Ltd. | 16,890 | 78,634 | 33.17 | 2.61 | 61,744 | 26.69 | 2.70 |
| Boxer Retail Ltd. | 12,319 | 66,715 | 4.76 | 0.37 | 54,396 | 3.76 | 0.38 |
| Pick n Pay Stores Ltd. | 226,015 | 394,654 | 9.83 | 0.77 | 168,639 | 4.28 | 0.43 |
| Shoprite Holdings Ltd. | 39,850 | 90,097 | 24.35 | 1.91 | 50,247 | 13.77 | 1.39 |
| Personal Care, Drug and Grocery Stores Total | 295,074 | 630,100 | 72.11 | 5.66 | 335,026 | 48.50 | 4.90 |
| Compagnie Financière Richemont SA | 912 | 4,941 | 17.92 | 1.41 | 4,029 | 13.17 | 1.33 |
| Personal Goods Total | 912 | 4,941 | 17.92 | 1.41 | 4,029 | 13.17 | 1.33 |
| Aspen Pharmacare Holdings Ltd. | 24,488 | 132,616 | 15.49 | 1.22 | 108,128 | 10.48 | 1.06 |
| Pharmaceuticals and Biotechnology Total | 24,488 | 132,616 | 15.49 | 1.22 | 108,128 | 10.48 | 1.06 |
| AngloGold Ashanti plc | 5,802 | 41,181 | 59.02 | 4.63 | 35,379 | 42.93 | 4.34 |
| Gold Fields Ltd. | 18,178 | 140,688 | 102.10 | 8.02 | 122,510 | 89.32 | 9.02 |
| Harmony Gold Mining Company Ltd. | 43,502 | 113,749 | 38.34 | 3.01 | 70,247 | 22.12 | 2.23 |
| Impala Platinum Holdings Ltd. | 56,298 | 79,174 | 20.74 | 1.63 | 22,876 | 5.05 | 0.51 |
| Northam Platinum Holdings Ltd. | -24,574 | 1,427 | 0.48 | 0.04 | 26,001 | 7.31 | 0.74 |
| Pan African Resources plc | 89,632 | 89,632 | 2.41 | 0.19 | 0 | 0.00 | 0.00 |
| Sibanye Stillwater Ltd. | 140,834 | 573,452 | 34.69 | 2.72 | 432,618 | 21.32 | 2.15 |
| Valterra Platinum Ltd. | 9,463 | 47,200 | 66.53 | 5.22 | 37,737 | 46.62 | 4.71 |
| Precious Metals and Mining Total | 339,135 | 1,086,503 | 324.32 | 25.47 | 747,368 | 234.67 | 23.70 |
| Fortress Real Estate Investments Ltd. | 19,212 | 119,937 | 2.87 | 0.23 | 100,725 | 2.32 | 0.23 |
| NEPI Rockcastle NV | 25,774 | 57,479 | 8.38 | 0.66 | 31,705 | 4.38 | 0.44 |
| Real Estate Investment and Services Total | 44,986 | 177,416 | 11.25 | 0.88 | 132,430 | 6.71 | 0.68 |
| Stor-Age Property REIT Ltd. | 24,745 | 134,008 | 2.40 | 0.19 | 109,263 | 1.69 | 0.17 |
| Real Estate Investment Trusts Total | 24,745 | 134,008 | 2.40 | 0.19 | 109,263 | 1.69 | 0.17 |
| Motus Holdings Ltd. | 1,706 | 10,989 | 1.34 | 0.11 | 9,283 | 0.97 | 0.10 |
| Mr Price Group Ltd. | 61,808 | 61,808 | 10.82 | 0.85 | 0 | 0.00 | 0.00 |
| Pepkor Holdings Ltd. | 292,525 | 1,148,282 | 30.37 | 2.39 | 855,757 | 20.80 | 2.10 |
| The Foschini Group Ltd. | 51,255 | 211,817 | 17.78 | 1.40 | 160,562 | 17.52 | 1.77 |
| Truworths International Ltd. | 10,988 | 59,505 | 3.39 | 0.27 | 48,517 | 2.65 | 0.27 |
| We Buy Cars Holdings Ltd. | 54,705 | 178,147 | 8.52 | 0.67 | 123,442 | 6.84 | 0.69 |
| Woolworths Holdings Ltd. | 9,173 | 247,135 | 13.84 | 1.09 | 237,962 | 11.97 | 1.21 |
| Retailers Total | 482,160 | 1,917,683 | 86.06 | 6.76 | 1,435,523 | 60.75 | 6.14 |
| Bytes Technology Group plc | -10,724 | 0 | 0.00 | 0.00 | 10,724 | 0.99 | 0.10 |
| Naspers Ltd. | 69,909 | 87,199 | 96.31 | 7.56 | 17,290 | 108.14 | 10.92 |
| Prosus NV | 26,536 | 62,698 | 64.17 | 5.04 | 36,162 | 43.78 | 4.42 |
| Software and Computer Services Total | 85,721 | 149,897 | 160.48 | 12.60 | 64,176 | 152.91 | 15.44 |
| MTN Group Ltd. | 45,009 | 291,970 | 49.49 | 3.89 | 246,961 | 35.81 | 3.62 |
| Telkom SA SOC Ltd. | 66,221 | 226,310 | 13.35 | 1.05 | 160,089 | 8.19 | 0.83 |
| Telecommunications Service Providers Total | 111,230 | 518,280 | 62.84 | 4.94 | 407,050 | 44.00 | 4.44 |
| British American Tobacco plc | -3,570 | 0 | 0.00 | 0.00 | 3,570 | 3.26 | 0.33 |
| Tobacco Total | -3,570 | 0 | 0.00 | 0.00 | 3,570 | 3.26 | 0.33 |
| Sun International Ltd. | 17,292 | 100,291 | 3.88 | 0.30 | 82,999 | 3.35 | 0.34 |
| Travel and Leisure Total | 17,292 | 100,291 | 3.88 | 0.30 | 82,999 | 3.35 | 0.34 |
| Portfolio Total | 2,352,785 | 10,627,568 | 1,273.34 | 100.00 | 8,274,783 | 990.08 | 100.00 |