| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -1,553 | 96,680 | 17.49 | 1.60 | 98,233 | 17.26 | 1.76 |
| Capitec Bank Holdings Ltd. | -161 | 10,035 | 34.82 | 3.19 | 10,196 | 36.25 | 3.69 |
| FirstRand Ltd. | -9,541 | 594,107 | 46.25 | 4.24 | 603,648 | 46.01 | 4.68 |
| Investec Ltd. | -463 | 28,830 | 3.69 | 0.34 | 29,293 | 3.87 | 0.39 |
| Investec plc | -1,365 | 42,050 | 5.40 | 0.50 | 43,415 | 5.73 | 0.58 |
| Nedbank Group Ltd. | -853 | 53,121 | 11.37 | 1.04 | 53,974 | 13.18 | 1.34 |
| Standard Bank Group Ltd. | -2,460 | 153,204 | 36.20 | 3.32 | 155,664 | 35.45 | 3.61 |
| Banks Total | -16,396 | 978,027 | 155.23 | 14.24 | 994,423 | 157.75 | 16.05 |
| Anheuser-Busch InBev SA/NV | -751 | 10,208 | 10.54 | 0.97 | 10,959 | 13.36 | 1.36 |
| Beverages Total | -751 | 10,208 | 10.54 | 0.97 | 10,959 | 13.36 | 1.36 |
| Cash on call | 0 | 0 | 5.56 | 0.51 | 0 | 9.31 | 0.95 |
| Cash on call Total | 0 | 0 | 5.56 | 0.51 | 0 | 9.31 | 0.95 |
| Sasol Ltd. | -1,099 | 68,400 | 7.35 | 0.67 | 69,499 | 5.58 | 0.57 |
| Chemicals Total | -1,099 | 68,400 | 7.35 | 0.67 | 69,499 | 5.58 | 0.57 |
| USA - Currency | 0 | 0 | 0.07 | 0.01 | 0 | 0.01 | 0.00 |
| For Currency Total | 0 | 0 | 0.07 | 0.01 | 0 | 0.01 | 0.00 |
| Foreign - Unit Trusts | 0 | 0 | 136.33 | 12.50 | 0 | 123.13 | 12.53 |
| Foreign Invest Total | 0 | 0 | 136.33 | 12.50 | 0 | 123.13 | 12.53 |
| Mondi plc | -266 | 22,016 | 5.20 | 0.48 | 22,282 | 6.48 | 0.66 |
| The Bidvest Group Ltd. | -637 | 39,628 | 8.36 | 0.77 | 40,265 | 9.47 | 0.96 |
| General Industrials Total | -903 | 61,644 | 13.56 | 1.24 | 62,547 | 15.94 | 1.62 |
| Anglo American plc | -1,014 | 37,340 | 24.09 | 2.21 | 38,354 | 19.97 | 2.03 |
| BHP Group Ltd. | -962 | 17,887 | 8.55 | 0.78 | 18,849 | 8.02 | 0.82 |
| Glencore plc | 99,972 | 99,972 | 8.00 | 0.73 | 0 | 0.00 | 0.00 |
| Industrial Metals and Mining Total | 97,996 | 155,199 | 40.64 | 3.73 | 57,203 | 28.00 | 2.85 |
| Reinet Investments SCA | -250 | 15,526 | 7.85 | 0.72 | 15,776 | 9.07 | 0.92 |
| Remgro Ltd. | -934 | 58,147 | 9.82 | 0.90 | 59,081 | 9.30 | 0.95 |
| Investment Banking and Brokerage Services Total | -1,184 | 73,673 | 17.67 | 1.62 | 74,857 | 18.38 | 1.87 |
| Discovery Ltd. | -1,006 | 62,659 | 12.40 | 1.14 | 63,665 | 13.71 | 1.40 |
| Old Mutual Ltd. | -7,708 | 479,945 | 6.39 | 0.59 | 487,653 | 5.85 | 0.60 |
| Sanlam Ltd. | -3,285 | 204,587 | 16.98 | 1.56 | 207,872 | 18.47 | 1.88 |
| Life Insurance Total | -11,999 | 747,191 | 35.77 | 3.28 | 759,190 | 38.03 | 3.87 |
| eMedia Holdings Ltd. | 24,398 | 24,398 | 0.04 | 0.00 | 0 | 0.00 | 0.00 |
| Media Total | 24,398 | 24,398 | 0.04 | 0.00 | 0 | 0.00 | 0.00 |
| OUTsurance Group Ltd. | -1,601 | 99,695 | 7.12 | 0.65 | 101,296 | 7.94 | 0.81 |
| Non-life Insurance Total | -1,601 | 99,695 | 7.12 | 0.65 | 101,296 | 7.94 | 0.81 |
| iShares Core MSCI World UCITS ETF | 0 | 59,454 | 129.42 | 11.87 | 59,454 | 124.36 | 12.66 |
| Offshore Intern Total | 0 | 59,454 | 129.42 | 11.87 | 59,454 | 124.36 | 12.66 |
| Bid Corporation Ltd. | -629 | 39,160 | 16.92 | 1.55 | 39,789 | 18.79 | 1.91 |
| Clicks Group Ltd. | -444 | 27,648 | 9.79 | 0.90 | 28,092 | 10.46 | 1.06 |
| Shoprite Holdings Ltd. | -884 | 55,076 | 15.10 | 1.38 | 55,960 | 15.66 | 1.59 |
| Personal Care, Drug and Grocery Stores Total | -1,957 | 121,884 | 41.80 | 3.83 | 123,841 | 44.91 | 4.57 |
| Compagnie Financière Richemont SA | -198 | 5,474 | 17.90 | 1.64 | 5,672 | 18.90 | 1.92 |
| Personal Goods Total | -198 | 5,474 | 17.90 | 1.64 | 5,672 | 18.90 | 1.92 |
| Aspen Pharmacare Holdings Ltd. | -45,886 | 0 | 0.00 | 0.00 | 45,886 | 5.49 | 0.56 |
| Pharmaceuticals and Biotechnology Total | -45,886 | 0 | 0.00 | 0.00 | 45,886 | 5.49 | 0.56 |
| AngloGold Ashanti plc | -663 | 41,319 | 49.15 | 4.51 | 41,982 | 33.49 | 3.41 |
| Gold Fields Ltd. | -1,653 | 102,948 | 73.83 | 6.77 | 104,601 | 43.50 | 4.43 |
| Harmony Gold Mining Company Ltd. | -1,024 | 63,755 | 19.58 | 1.80 | 64,779 | 15.64 | 1.59 |
| Impala Platinum Holdings Ltd. | -1,465 | 91,260 | 19.87 | 1.82 | 92,725 | 14.77 | 1.50 |
| Northam Platinum Holdings Ltd. | -662 | 41,215 | 11.50 | 1.05 | 41,877 | 8.10 | 0.82 |
| Sibanye Stillwater Ltd. | -5,261 | 327,577 | 16.11 | 1.48 | 332,838 | 10.75 | 1.09 |
| Valterra Platinum Ltd. | 10,478 | 25,494 | 30.80 | 2.82 | 15,016 | 11.88 | 1.21 |
| Precious Metals and Mining Total | -250 | 693,568 | 220.82 | 20.25 | 693,818 | 138.14 | 14.06 |
| NEPI Rockcastle NV | -1,109 | 69,050 | 9.52 | 0.87 | 70,159 | 9.51 | 0.97 |
| Real Estate Investment and Services Total | -1,109 | 69,050 | 9.52 | 0.87 | 70,159 | 9.51 | 0.97 |
| Growthpoint Properties Ltd. | -6,317 | 393,352 | 5.81 | 0.53 | 399,669 | 5.30 | 0.54 |
| Real Estate Investment Trusts Total | -6,317 | 393,352 | 5.81 | 0.53 | 399,669 | 5.30 | 0.54 |
| Mr Price Group Ltd. | -473 | 29,456 | 6.02 | 0.55 | 29,929 | 6.64 | 0.68 |
| Pepkor Holdings Ltd. | 116,703 | 430,518 | 10.54 | 0.97 | 313,815 | 8.56 | 0.87 |
| Woolworths Holdings Ltd. | -1,685 | 104,957 | 5.26 | 0.48 | 106,642 | 5.54 | 0.56 |
| Retailers Total | 114,545 | 564,931 | 21.81 | 2.00 | 450,386 | 20.74 | 2.11 |
| Naspers Ltd. | -296 | 18,465 | 116.36 | 10.67 | 18,761 | 103.98 | 10.58 |
| Prosus NV | -1,895 | 31,460 | 38.53 | 3.53 | 33,355 | 33.03 | 3.36 |
| Software and Computer Services Total | -2,191 | 49,925 | 154.89 | 14.21 | 52,116 | 137.01 | 13.94 |
| MTN Group Ltd. | -9,047 | 205,178 | 28.78 | 2.64 | 214,225 | 30.26 | 3.08 |
| Vodacom Group Ltd. | -1,117 | 69,533 | 9.23 | 0.85 | 70,650 | 9.65 | 0.98 |
| Telecommunications Service Providers Total | -10,164 | 274,711 | 38.01 | 3.49 | 284,875 | 39.91 | 4.06 |
| British American Tobacco plc | -2,006 | 22,462 | 20.46 | 1.88 | 24,468 | 20.91 | 2.13 |
| Tobacco Total | -2,006 | 22,462 | 20.46 | 1.88 | 24,468 | 20.91 | 2.13 |
| Portfolio Total | 132,928 | 4,473,246 | 1,090.31 | 100.00 | 4,340,318 | 982.61 | 100.00 |