| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 10,292 | 396,978 | 71.83 | 2.96 | 386,686 | 67.94 | 2.97 |
| Capitec Bank Holdings Ltd. | -1,820 | 23,814 | 82.64 | 3.40 | 25,634 | 91.15 | 3.98 |
| FirstRand Ltd. | -79,971 | 1,675,315 | 130.41 | 5.37 | 1,755,286 | 133.79 | 5.85 |
| Investec Ltd. | -2,154 | 38,931 | 4.99 | 0.21 | 41,085 | 5.43 | 0.24 |
| Investec plc | -5,868 | 106,057 | 13.63 | 0.56 | 111,925 | 14.78 | 0.65 |
| Nedbank Group Ltd. | -6,470 | 164,145 | 35.14 | 1.45 | 170,615 | 41.65 | 1.82 |
| Standard Bank Group Ltd. | -50,652 | 396,645 | 93.71 | 3.86 | 447,297 | 101.85 | 4.45 |
| Banks Total | -136,643 | 2,801,885 | 432.34 | 17.80 | 2,938,528 | 456.60 | 19.96 |
| Anheuser-Busch InBev SA/NV | -1,682 | 10,622 | 10.96 | 0.45 | 12,304 | 15.00 | 0.66 |
| Beverages Total | -1,682 | 10,622 | 10.96 | 0.45 | 12,304 | 15.00 | 0.66 |
| Cash on call | 0 | 0 | 22.12 | 0.91 | 0 | 27.58 | 1.21 |
| Cash on call Total | 0 | 0 | 22.12 | 0.91 | 0 | 27.58 | 1.21 |
| Sasol Ltd. | 15,675 | 182,664 | 19.62 | 0.81 | 166,989 | 13.41 | 0.59 |
| Chemicals Total | 15,675 | 182,664 | 19.62 | 0.81 | 166,989 | 13.41 | 0.59 |
| PPC Ltd. | -172,461 | 2,322,904 | 12.54 | 0.52 | 2,495,365 | 12.95 | 0.57 |
| Raubex Group Ltd. | -31,785 | 282,260 | 12.04 | 0.50 | 314,045 | 14.05 | 0.61 |
| Construction and Materials Total | -204,246 | 2,605,164 | 24.58 | 1.01 | 2,809,410 | 27.00 | 1.18 |
| Stadio Holdings Ltd. | -73,387 | 1,332,656 | 13.99 | 0.58 | 1,406,043 | 12.30 | 0.54 |
| Zeda Ltd. | -1,557 | 28,140 | 0.35 | 0.01 | 29,697 | 0.37 | 0.02 |
| Consumer Services Total | -74,944 | 1,360,796 | 14.34 | 0.59 | 1,435,740 | 12.67 | 0.55 |
| Reunert Ltd. | -1,897 | 34,277 | 1.84 | 0.08 | 36,174 | 2.12 | 0.09 |
| Electronic and Electrical Equipment Total | -1,897 | 34,277 | 1.84 | 0.08 | 36,174 | 2.12 | 0.09 |
| Astral Foods Ltd. | -8,337 | 106,198 | 22.02 | 0.91 | 114,535 | 20.58 | 0.90 |
| AVI Ltd. | -7,604 | 137,412 | 13.54 | 0.56 | 145,016 | 13.68 | 0.60 |
| Tiger Brands Ltd. | -2,651 | 47,888 | 14.73 | 0.61 | 50,539 | 16.25 | 0.71 |
| Food Producers Total | -18,592 | 291,498 | 50.29 | 2.07 | 310,090 | 50.51 | 2.21 |
| Barloworld Ltd. | -882 | 51,728 | 6.09 | 0.25 | 52,610 | 5.83 | 0.25 |
| Mondi plc | -32,461 | 0 | 0.00 | 0.00 | 32,461 | 9.44 | 0.41 |
| The Bidvest Group Ltd. | -28,734 | 106,504 | 22.47 | 0.92 | 135,238 | 31.79 | 1.39 |
| General Industrials Total | -62,077 | 158,232 | 28.55 | 1.18 | 220,309 | 47.06 | 2.06 |
| Life Healthcare Group Holdings Ltd. | 233,306 | 683,915 | 7.94 | 0.33 | 450,609 | 6.43 | 0.28 |
| Netcare Ltd. | -22,516 | 406,855 | 5.82 | 0.24 | 429,371 | 6.00 | 0.26 |
| Health Care Providers Total | 210,790 | 1,090,770 | 13.76 | 0.57 | 879,980 | 12.42 | 0.54 |
| Sappi Ltd. | 187,600 | 187,600 | 4.34 | 0.18 | 0 | 0.00 | 0.00 |
| Industrial Materials Total | 187,600 | 187,600 | 4.34 | 0.18 | 0 | 0.00 | 0.00 |
| Afrimat Ltd. | -34,935 | 0 | 0.00 | 0.00 | 34,935 | 1.55 | 0.07 |
| Anglo American plc | -17,260 | 115,489 | 74.50 | 3.07 | 132,749 | 69.12 | 3.02 |
| BHP Group Ltd. | -1,504 | 27,188 | 13.00 | 0.54 | 28,692 | 12.21 | 0.53 |
| Glencore plc | -97,603 | 359,400 | 28.76 | 1.18 | 457,003 | 31.71 | 1.39 |
| Hulamin Ltd. | -10,597 | 191,485 | 0.51 | 0.02 | 202,082 | 0.44 | 0.02 |
| Kumba Iron Ore Ltd. | -3,566 | 52,428 | 17.10 | 0.70 | 55,994 | 15.98 | 0.70 |
| Industrial Metals and Mining Total | -165,465 | 745,990 | 133.87 | 5.51 | 911,455 | 131.03 | 5.73 |
| Grindrod Ltd. | -17,629 | 318,532 | 4.81 | 0.20 | 336,161 | 4.23 | 0.18 |
| Industrial Transportation Total | -17,629 | 318,532 | 4.81 | 0.20 | 336,161 | 4.23 | 0.18 |
| Coronation Fund Managers Ltd. | -4,115 | 74,358 | 3.29 | 0.14 | 78,473 | 3.09 | 0.14 |
| JSE Ltd. | 24,025 | 24,025 | 3.07 | 0.13 | 0 | 0.00 | 0.00 |
| Quilter plc | -3,949 | 71,374 | 2.74 | 0.11 | 75,323 | 2.86 | 0.12 |
| Reinet Investments SCA | 57,962 | 136,925 | 69.21 | 2.85 | 78,963 | 45.41 | 1.98 |
| Remgro Ltd. | 79,540 | 243,779 | 41.17 | 1.69 | 164,239 | 25.87 | 1.13 |
| Investment Banking and Brokerage Services Total | 153,463 | 550,461 | 119.48 | 4.92 | 396,998 | 77.23 | 3.38 |
| Discovery Ltd. | 23,149 | 199,858 | 39.55 | 1.63 | 176,709 | 38.06 | 1.66 |
| Momentum Group Ltd. | -26,606 | 360,216 | 11.85 | 0.49 | 386,822 | 13.30 | 0.58 |
| Old Mutual Ltd. | -599,716 | 1,796,171 | 23.91 | 0.98 | 2,395,887 | 28.75 | 1.26 |
| Sanlam Ltd. | -40,537 | 503,368 | 41.79 | 1.72 | 543,905 | 48.32 | 2.11 |
| Life Insurance Total | -643,710 | 2,859,613 | 117.10 | 4.82 | 3,503,323 | 128.43 | 5.61 |
| eMedia Holdings Ltd. | 102,289 | 102,289 | 0.18 | 0.01 | 0 | 0.00 | 0.00 |
| Media Total | 102,289 | 102,289 | 0.18 | 0.01 | 0 | 0.00 | 0.00 |
| OUTsurance Group Ltd. | -5,144 | 92,963 | 6.64 | 0.27 | 98,107 | 7.69 | 0.34 |
| Santam Ltd. | -542 | 9,780 | 3.69 | 0.15 | 10,322 | 4.40 | 0.19 |
| Non-life Insurance Total | -5,686 | 102,743 | 10.33 | 0.43 | 108,429 | 12.08 | 0.53 |
| Thungela Resources Ltd. | 2,660 | 42,275 | 3.68 | 0.15 | 39,615 | 3.34 | 0.15 |
| Oil, Gas and Coal Total | 2,660 | 42,275 | 3.68 | 0.15 | 39,615 | 3.34 | 0.15 |
| Bid Corporation Ltd. | -5,351 | 61,820 | 26.71 | 1.10 | 67,171 | 31.72 | 1.39 |
| Boxer Retail Ltd. | -4,011 | 72,460 | 4.96 | 0.20 | 76,471 | 5.26 | 0.23 |
| Clicks Group Ltd. | -3,237 | 58,491 | 20.71 | 0.85 | 61,728 | 22.98 | 1.00 |
| Pick n Pay Stores Ltd. | -9,693 | 175,145 | 4.38 | 0.18 | 184,838 | 4.95 | 0.22 |
| Shoprite Holdings Ltd. | 19,566 | 177,296 | 48.60 | 2.00 | 157,730 | 44.15 | 1.93 |
| The SPAR Group Ltd. | -58,720 | 0 | 0.00 | 0.00 | 58,720 | 6.33 | 0.28 |
| Personal Care, Drug and Grocery Stores Total | -61,446 | 545,212 | 105.35 | 4.34 | 606,658 | 115.40 | 5.04 |
| Compagnie Financière Richemont SA | -6,115 | 7,460 | 24.39 | 1.00 | 13,575 | 45.23 | 1.98 |
| Personal Goods Total | -6,115 | 7,460 | 24.39 | 1.00 | 13,575 | 45.23 | 1.98 |
| Adcock Ingram Holdings Ltd. | -50,047 | 0 | 0.00 | 0.00 | 50,047 | 2.55 | 0.11 |
| Aspen Pharmacare Holdings Ltd. | 35,019 | 129,992 | 12.48 | 0.51 | 94,973 | 11.35 | 0.50 |
| Pharmaceuticals and Biotechnology Total | -15,028 | 129,992 | 12.48 | 0.51 | 145,020 | 13.90 | 0.61 |
| AngloGold Ashanti plc | -15,110 | 137,034 | 162.99 | 6.71 | 152,144 | 121.35 | 5.30 |
| Gold Fields Ltd. | -24,047 | 285,444 | 204.70 | 8.43 | 309,491 | 128.71 | 5.63 |
| Harmony Gold Mining Company Ltd. | 33,605 | 110,899 | 34.05 | 1.40 | 77,294 | 18.66 | 0.82 |
| Impala Platinum Holdings Ltd. | -16,361 | 246,318 | 53.62 | 2.21 | 262,679 | 41.86 | 1.83 |
| Northam Platinum Holdings Ltd. | 4,770 | 75,329 | 21.02 | 0.87 | 70,559 | 13.65 | 0.60 |
| Sibanye Stillwater Ltd. | -81,641 | 1,090,586 | 53.65 | 2.21 | 1,172,227 | 37.86 | 1.65 |
| Valterra Platinum Ltd. | 30,912 | 72,751 | 87.88 | 3.62 | 41,839 | 33.11 | 1.45 |
| Precious Metals and Mining Total | -67,872 | 2,018,361 | 617.91 | 25.44 | 2,086,233 | 395.20 | 17.27 |
| Fortress Real Estate Investments Ltd. | -17,878 | 323,061 | 7.37 | 0.30 | 340,939 | 6.81 | 0.30 |
| MAS plc | 410,508 | 410,508 | 8.73 | 0.36 | 0 | 0.00 | 0.00 |
| NEPI Rockcastle NV | -6,218 | 112,344 | 15.50 | 0.64 | 118,562 | 16.07 | 0.70 |
| Real Estate Investment and Services Total | 386,412 | 845,913 | 31.59 | 1.30 | 459,501 | 22.88 | 1.00 |
| Burstone Group Ltd. | -10,380 | 187,575 | 1.52 | 0.06 | 197,955 | 1.61 | 0.07 |
| Dipula Properties Ltd. | 237,967 | 1,289,576 | 7.09 | 0.29 | 1,051,609 | 5.63 | 0.25 |
| Growthpoint Properties Ltd. | -63,002 | 1,138,428 | 16.80 | 0.69 | 1,201,430 | 15.94 | 0.70 |
| Hyprop Investments Ltd. | -27,513 | 173,280 | 8.05 | 0.33 | 200,793 | 8.50 | 0.37 |
| Redefine Properties Ltd. | -152,125 | 2,748,875 | 13.63 | 0.56 | 2,901,000 | 13.17 | 0.58 |
| Resilient REIT Ltd. | -48,340 | 97,225 | 6.20 | 0.26 | 145,565 | 8.79 | 0.38 |
| Spear REIT Ltd. | -15,495 | 279,993 | 2.87 | 0.12 | 295,488 | 3.01 | 0.13 |
| Vukile Property Fund Ltd. | -57,294 | 379,767 | 7.92 | 0.33 | 437,061 | 8.58 | 0.38 |
| Real Estate Investment Trusts Total | -136,182 | 6,294,719 | 64.09 | 2.64 | 6,430,901 | 65.23 | 2.85 |
| CA Sales Holdings Ltd. | -6,619 | 119,622 | 2.06 | 0.08 | 126,241 | 2.20 | 0.10 |
| Cashbuild Ltd. | 14,789 | 14,789 | 2.05 | 0.08 | 0 | 0.00 | 0.00 |
| Motus Holdings Ltd. | -118,970 | 47,742 | 4.96 | 0.20 | 166,712 | 15.75 | 0.69 |
| Mr Price Group Ltd. | -38,750 | 121,498 | 24.83 | 1.02 | 160,248 | 35.53 | 1.55 |
| Pepkor Holdings Ltd. | 1,058,447 | 1,845,765 | 45.18 | 1.86 | 787,318 | 21.48 | 0.94 |
| The Foschini Group Ltd. | -19,735 | 264,815 | 28.73 | 1.18 | 284,550 | 36.66 | 1.60 |
| Truworths International Ltd. | 243,843 | 652,419 | 35.62 | 1.47 | 408,576 | 29.10 | 1.27 |
| Retailers Total | 1,133,005 | 3,066,650 | 143.44 | 5.90 | 1,933,645 | 140.72 | 6.15 |
| Datatec Ltd. | -1,636 | 72,660 | 4.35 | 0.18 | 74,296 | 4.85 | 0.21 |
| Naspers Ltd. | -2,205 | 36,690 | 231.20 | 9.52 | 38,895 | 215.56 | 9.42 |
| Prosus NV | -4,891 | 65,350 | 80.04 | 3.29 | 70,241 | 69.56 | 3.04 |
| Software and Computer Services Total | -8,732 | 174,700 | 315.59 | 12.99 | 183,432 | 289.97 | 12.67 |
| MTN Group Ltd. | -210,221 | 323,349 | 45.36 | 1.87 | 533,570 | 75.37 | 3.29 |
| Vodacom Group Ltd. | -141,588 | 0 | 0.00 | 0.00 | 141,588 | 19.34 | 0.85 |
| Telecommunications Service Providers Total | -351,809 | 323,349 | 45.36 | 1.87 | 675,158 | 94.71 | 4.14 |
| British American Tobacco plc | -25,374 | 41,072 | 37.41 | 1.54 | 66,446 | 56.79 | 2.48 |
| Tobacco Total | -25,374 | 41,072 | 37.41 | 1.54 | 66,446 | 56.79 | 2.48 |
| City Lodge Hotels Ltd. | -58,806 | 1,062,608 | 4.34 | 0.18 | 1,121,414 | 4.37 | 0.19 |
| Southern Sun Ltd. | -19,954 | 360,547 | 3.09 | 0.13 | 380,501 | 3.35 | 0.15 |
| Spur Corporation Ltd. | -144,008 | 0 | 0.00 | 0.00 | 144,008 | 4.83 | 0.21 |
| Sun International Ltd. | -5,353 | 96,748 | 3.90 | 0.16 | 102,101 | 4.44 | 0.19 |
| Tsogo Sun Ltd. | -69,220 | 1,250,775 | 8.14 | 0.34 | 1,319,995 | 10.19 | 0.45 |
| Travel and Leisure Total | -297,341 | 2,770,678 | 19.46 | 0.80 | 3,068,019 | 27.18 | 1.19 |
| Portfolio Total | -110,576 | 29,663,517 | 2,429.26 | 100.00 | 29,774,093 | 2,287.92 | 100.00 |