| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -847,727 | 5,959,916 | 1,426.57 | 7.16 | 6,807,643 | 1,231.77 | 7.87 |
| Capitec Bank Holdings Ltd. | -58,609 | 59,058 | 245.43 | 1.23 | 117,667 | 408.33 | 2.61 |
| FirstRand Ltd. | -8,607,751 | 2,644,881 | 240.02 | 1.21 | 11,252,632 | 875.90 | 5.60 |
| Investec plc | 2,308,278 | 3,526,211 | 430.80 | 2.16 | 1,217,933 | 156.52 | 1.00 |
| Nedbank Group Ltd. | -1,142,981 | 0 | 0.00 | 0.00 | 1,142,981 | 244.66 | 1.56 |
| Standard Bank Group Ltd. | 2,368,013 | 6,078,222 | 1,765.12 | 8.86 | 3,710,209 | 876.57 | 5.60 |
| Banks Total | -5,980,777 | 18,268,288 | 4,107.93 | 20.63 | 24,249,065 | 3,793.75 | 24.24 |
| Anheuser-Busch InBev SA/NV | -212,246 | 202,736 | 217.03 | 1.09 | 414,982 | 428.37 | 2.74 |
| Beverages Total | -212,246 | 202,736 | 217.03 | 1.09 | 414,982 | 428.37 | 2.74 |
| Cash on call | 0 | 0 | 570.67 | 2.87 | 0 | 324.75 | 2.07 |
| Cash on call Total | 0 | 0 | 570.67 | 2.87 | 0 | 324.75 | 2.07 |
| AECI Ltd. | -264,262 | 1,118,448 | 99.90 | 0.50 | 1,382,710 | 134.32 | 0.86 |
| Omnia Holdings Ltd. | 152,265 | 693,976 | 54.69 | 0.27 | 541,711 | 38.84 | 0.25 |
| Sasol Ltd. | -1,295 | 838,601 | 89.06 | 0.45 | 839,896 | 90.20 | 0.58 |
| Chemicals Total | -113,292 | 2,651,025 | 243.64 | 1.22 | 2,764,317 | 263.36 | 1.68 |
| Raubex Group Ltd. | 2,719,536 | 3,338,232 | 148.75 | 0.75 | 618,696 | 26.39 | 0.17 |
| Wilson Bayly Holmes - Ovcon Ltd. | 459,083 | 459,083 | 76.71 | 0.39 | 0 | 0.00 | 0.00 |
| Construction and Materials Total | 3,178,619 | 3,797,315 | 225.46 | 1.13 | 618,696 | 26.39 | 0.17 |
| Channel VAS Investments Ltd. | 5,998,291 | 5,998,291 | 122.79 | 0.62 | 0 | 0.00 | 0.00 |
| Nutun Ltd. | 4,067,614 | 34,782,850 | 36.52 | 0.18 | 30,715,236 | 30.72 | 0.20 |
| Finance and Credit Services Total | 10,065,905 | 40,781,141 | 159.31 | 0.80 | 30,715,236 | 30.72 | 0.20 |
| Astral Foods Ltd. | 11,503 | 208,893 | 55.71 | 0.28 | 197,390 | 40.93 | 0.26 |
| AVI Ltd. | 1,392,276 | 2,377,098 | 250.78 | 1.26 | 984,822 | 97.01 | 0.62 |
| Rainbow Chicken Ltd. | 0 | 2,245,302 | 11.23 | 0.06 | 2,245,302 | 9.23 | 0.06 |
| RCL Foods Ltd. | 273,970 | 669,999 | 6.77 | 0.03 | 396,029 | 3.81 | 0.02 |
| Food Producers Total | 1,677,749 | 5,501,292 | 324.49 | 1.63 | 3,823,543 | 150.99 | 0.96 |
| Equity | 0 | 0 | 0.00 | 0.00 | 0 | 3.22 | 0.02 |
| General Equity Total | 0 | 0 | 0.00 | 0.00 | 0 | 3.22 | 0.02 |
| Barloworld Ltd. | -1,447,695 | 0 | 0.00 | 0.00 | 1,447,695 | 170.35 | 1.09 |
| Mondi plc | -10,049 | 587,042 | 119.52 | 0.60 | 597,091 | 141.02 | 0.90 |
| The Bidvest Group Ltd. | -434,687 | 341,629 | 81.13 | 0.41 | 776,316 | 163.76 | 1.05 |
| General Industrials Total | -1,892,431 | 928,671 | 200.66 | 1.01 | 2,821,102 | 475.13 | 3.04 |
| Sappi Ltd. | -952,995 | 0 | 0.00 | 0.00 | 952,995 | 22.02 | 0.14 |
| Industrial Materials Total | -952,995 | 0 | 0.00 | 0.00 | 952,995 | 22.02 | 0.14 |
| African Rainbow Minerals Ltd. | -1,347,471 | 292,388 | 58.16 | 0.29 | 1,639,859 | 304.08 | 1.94 |
| Anglo American plc | 280,533 | 445,623 | 305.30 | 1.53 | 165,090 | 106.49 | 0.68 |
| BHP Group Ltd. | -374,403 | 0 | 0.00 | 0.00 | 374,403 | 179.07 | 1.14 |
| Glencore plc | 3,622,075 | 12,022,087 | 1,095.81 | 5.50 | 8,400,012 | 672.08 | 4.29 |
| Kumba Iron Ore Ltd. | -184,662 | 0 | 0.00 | 0.00 | 184,662 | 60.25 | 0.38 |
| South32 Ltd. | 5,381,136 | 5,381,136 | 211.69 | 1.06 | 0 | 0.00 | 0.00 |
| Industrial Metals and Mining Total | 7,377,208 | 18,141,234 | 1,670.96 | 8.39 | 10,764,026 | 1,321.97 | 8.45 |
| Grindrod Ltd. | 110,247 | 26,218,355 | 445.71 | 2.24 | 26,108,108 | 394.23 | 2.52 |
| Industrial Transportation Total | 110,247 | 26,218,355 | 445.71 | 2.24 | 26,108,108 | 394.23 | 2.52 |
| Hosken Consolidated Investments Ltd. | 126,972 | 235,263 | 36.70 | 0.18 | 108,291 | 13.45 | 0.09 |
| Reinet Investments SCA | 4,246 | 808,231 | 468.77 | 2.35 | 803,985 | 406.41 | 2.60 |
| Remgro Ltd. | -325,179 | 2,040,078 | 370.50 | 1.86 | 2,365,257 | 399.42 | 2.55 |
| Investment Banking and Brokerage Services Total | -193,961 | 3,083,572 | 875.97 | 4.40 | 3,277,533 | 819.28 | 5.23 |
| Discovery Ltd. | -239,258 | 1,726,354 | 392.88 | 1.97 | 1,965,612 | 388.94 | 2.49 |
| Momentum Group Ltd. | -263,277 | 1,278,389 | 48.89 | 0.25 | 1,541,666 | 50.74 | 0.32 |
| Sanlam Ltd. | 1,047,685 | 3,804,828 | 374.74 | 1.88 | 2,757,143 | 228.90 | 1.46 |
| Life Insurance Total | 545,150 | 6,809,571 | 816.51 | 4.10 | 6,264,421 | 668.57 | 4.27 |
| eMedia Holdings Ltd. | 100 | 953,641 | 2.06 | 0.01 | 953,541 | 1.66 | 0.01 |
| Media Total | 100 | 953,641 | 2.06 | 0.01 | 953,541 | 1.66 | 0.01 |
| OUTsurance Group Ltd. | 537,901 | 537,901 | 38.55 | 0.19 | 0 | 0.00 | 0.00 |
| Non-life Insurance Total | 537,901 | 537,901 | 38.55 | 0.19 | 0 | 0.00 | 0.00 |
| Bid Corporation Ltd. | 222,922 | 1,029,802 | 434.44 | 2.18 | 806,880 | 348.57 | 2.23 |
| Clicks Group Ltd. | 522,413 | 989,369 | 332.99 | 1.67 | 466,956 | 165.30 | 1.06 |
| The SPAR Group Ltd. | -294,465 | 1,391,628 | 132.90 | 0.67 | 1,686,093 | 163.03 | 1.04 |
| Personal Care, Drug and Grocery Stores Total | 450,870 | 3,410,799 | 900.33 | 4.52 | 2,959,929 | 676.90 | 4.32 |
| Aspen Pharmacare Holdings Ltd. | 298,266 | 1,059,212 | 123.71 | 0.62 | 760,946 | 73.05 | 0.47 |
| Pharmaceuticals and Biotechnology Total | 298,266 | 1,059,212 | 123.71 | 0.62 | 760,946 | 73.05 | 0.47 |
| AngloGold Ashanti plc | -48,722 | 484,604 | 694.51 | 3.49 | 533,326 | 634.34 | 4.05 |
| Gold Fields Ltd. | -72,661 | 592,953 | 430.31 | 2.16 | 665,614 | 477.34 | 3.05 |
| Harmony Gold Mining Company Ltd. | -895,375 | 1,372,195 | 462.54 | 2.32 | 2,267,570 | 696.26 | 4.45 |
| Impala Platinum Holdings Ltd. | 3,833,522 | 4,465,842 | 1,170.05 | 5.88 | 632,320 | 137.64 | 0.88 |
| Northam Platinum Holdings Ltd. | 697,661 | 923,075 | 311.18 | 1.56 | 225,414 | 62.89 | 0.40 |
| Valterra Platinum Ltd. | 171,962 | 720,683 | 1,015.85 | 5.10 | 548,721 | 662.85 | 4.24 |
| Precious Metals and Mining Total | 3,686,387 | 8,559,352 | 4,084.44 | 20.51 | 4,872,965 | 2,671.33 | 17.07 |
| Lighthouse Properties plc | 301,394 | 301,394 | 2.55 | 0.01 | 0 | 0.00 | 0.00 |
| Real Estate Investment and Services Total | 301,394 | 301,394 | 2.55 | 0.01 | 0 | 0.00 | 0.00 |
| Spear REIT Ltd. | -4,130,030 | 13,064,936 | 154.30 | 0.77 | 17,194,966 | 176.25 | 1.13 |
| Stor-Age Property REIT Ltd. | 1,698,206 | 1,698,206 | 30.45 | 0.15 | 0 | 0.00 | 0.00 |
| Real Estate Investment Trusts Total | -2,431,824 | 14,763,142 | 184.75 | 0.93 | 17,194,966 | 176.25 | 1.13 |
| Mr Price Group Ltd. | 819,697 | 1,740,611 | 304.57 | 1.53 | 920,914 | 188.17 | 1.20 |
| Pepkor Holdings Ltd. | -14,981,919 | 0 | 0.00 | 0.00 | 14,981,919 | 366.76 | 2.34 |
| The Foschini Group Ltd. | 0 | 1,037,500 | 88.45 | 0.44 | 1,037,500 | 112.56 | 0.72 |
| Truworths International Ltd. | 3,221,329 | 4,269,755 | 243.08 | 1.22 | 1,048,426 | 57.24 | 0.37 |
| Retailers Total | -10,940,893 | 7,047,866 | 636.10 | 3.19 | 17,988,759 | 724.73 | 4.63 |
| Naspers Ltd. | 1,682,252 | 1,798,820 | 1,986.81 | 9.98 | 116,568 | 734.56 | 4.69 |
| Prosus NV | 5,544 | 665,625 | 681.28 | 3.42 | 660,081 | 808.45 | 5.17 |
| Software and Computer Services Total | 1,687,796 | 2,464,445 | 2,668.10 | 13.40 | 776,649 | 1,543.00 | 9.86 |
| MTN Group Ltd. | 1,092,455 | 4,388,490 | 743.85 | 3.74 | 3,296,035 | 462.37 | 2.95 |
| Telecommunications Service Providers Total | 1,092,455 | 4,388,490 | 743.85 | 3.74 | 3,296,035 | 462.37 | 2.95 |
| British American Tobacco plc | 54,449 | 530,061 | 506.09 | 2.54 | 475,612 | 433.16 | 2.77 |
| Tobacco Total | 54,449 | 530,061 | 506.09 | 2.54 | 475,612 | 433.16 | 2.77 |
| Famous Brands Ltd. | 21,110 | 3,122,564 | 166.99 | 0.84 | 3,101,454 | 166.21 | 1.06 |
| Travel and Leisure Total | 21,110 | 3,122,564 | 166.99 | 0.84 | 3,101,454 | 166.21 | 1.06 |
| Portfolio Total | 8,367,187 | 173,522,067 | 19,915.84 | 100.00 | 165,154,880 | 15,651.40 | 100.00 |