| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 10,016 | 127,008 | 30.40 | 6.76 | 116,992 | 21.19 | 5.55 |
| Capitec Bank Holdings Ltd. | 497 | 17,714 | 73.62 | 16.36 | 17,217 | 59.81 | 15.66 |
| FirstRand Ltd. | 23,718 | 1,065,139 | 96.66 | 21.48 | 1,041,421 | 80.88 | 21.17 |
| Investec Ltd. | -32,032 | 82,615 | 10.09 | 2.24 | 114,647 | 14.69 | 3.85 |
| Nedbank Group Ltd. | -121 | 36,535 | 9.73 | 2.16 | 36,656 | 7.83 | 2.05 |
| Standard Bank Group Ltd. | 16,003 | 287,477 | 83.48 | 18.56 | 271,474 | 64.17 | 16.80 |
| Banks Total | 18,081 | 1,616,488 | 303.98 | 67.57 | 1,598,407 | 248.56 | 65.08 |
| Cash on call | 0 | 0 | 0.00 | 0.00 | 0 | 2.69 | 0.70 |
| Cash on call Total | 0 | 0 | 0.00 | 0.00 | 0 | 2.69 | 0.70 |
| Foreign - Equities | -26,659 | 0 | 0.00 | 0.00 | 26,659 | 7.83 | 2.05 |
| Foreign Invest Total | -26,659 | 0 | 0.00 | 0.00 | 26,659 | 7.83 | 2.05 |
| Financials positions individually less than 1% of fund | -8,834 | 0 | 6.15 | 1.37 | 8,834 | 13.09 | 3.43 |
| General Financial Total | -8,834 | 0 | 6.15 | 1.37 | 8,834 | 13.09 | 3.43 |
| Industrials positions individually less than 1% of fund | 0 | 0 | 4.22 | 0.94 | 0 | 0.00 | 0.00 |
| General Industrials Total | 0 | 0 | 4.22 | 0.94 | 0 | 0.00 | 0.00 |
| PSG Financial Services Ltd. | -1,867 | 558,555 | 15.22 | 3.38 | 560,422 | 12.78 | 3.35 |
| Quilter plc | -1,091 | 326,933 | 13.26 | 2.95 | 328,024 | 12.56 | 3.29 |
| Reinet Investments SCA | 11,720 | 29,906 | 17.35 | 3.86 | 18,186 | 9.18 | 2.40 |
| Investment Banking and Brokerage Services Total | 8,762 | 915,394 | 45.82 | 10.18 | 906,632 | 34.52 | 9.04 |
| Discovery Ltd. | 17,890 | 138,446 | 31.51 | 7.00 | 120,556 | 23.75 | 6.22 |
| Sanlam Ltd. | -1,159 | 347,065 | 34.18 | 7.60 | 348,224 | 29.11 | 7.62 |
| Life Insurance Total | 16,731 | 485,511 | 65.69 | 14.60 | 468,780 | 52.86 | 13.84 |
| OUTsurance Group Ltd. | 40,479 | 227,894 | 16.33 | 3.63 | 187,415 | 13.44 | 3.52 |
| Non-life Insurance Total | 40,479 | 227,894 | 16.33 | 3.63 | 187,415 | 13.44 | 3.52 |
| We Buy Cars Holdings Ltd. | -537 | 161,293 | 7.71 | 1.71 | 161,830 | 8.96 | 2.35 |
| Retailers Total | -537 | 161,293 | 7.71 | 1.71 | 161,830 | 8.96 | 2.35 |
| Portfolio Total | 48,023 | 3,406,580 | 449.91 | 100.00 | 3,358,557 | 381.95 | 100.00 |