| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 0 | 110,057 | 19.93 | 1.38 | 110,057 | 19.37 | 1.55 |
| Capitec Bank Holdings Ltd. | 0 | 2,676 | 9.30 | 0.64 | 2,676 | 9.50 | 0.76 |
| FirstRand Ltd. | 38,000 | 424,070 | 32.93 | 2.28 | 386,070 | 29.22 | 2.35 |
| Investec Ltd. | 0 | 54,558 | 6.99 | 0.48 | 54,558 | 7.22 | 0.58 |
| Investec plc | 0 | 37,481 | 4.80 | 0.33 | 37,481 | 4.95 | 0.40 |
| Nedbank Group Ltd. | 6,000 | 87,479 | 18.68 | 1.29 | 81,479 | 19.80 | 1.59 |
| Standard Bank Group Ltd. | 13,900 | 101,980 | 24.11 | 1.67 | 88,080 | 20.04 | 1.61 |
| Banks Total | 57,900 | 818,301 | 116.74 | 8.07 | 760,401 | 110.11 | 8.84 |
| Anheuser-Busch InBev SA/NV | 6,400 | 16,558 | 17.00 | 1.18 | 10,158 | 12.38 | 0.99 |
| Beverages Total | 6,400 | 16,558 | 17.00 | 1.18 | 10,158 | 12.38 | 0.99 |
| SA Bond I2029 | 0 | 12,500,000 | 17.53 | 1.21 | 12,500,000 | 17.19 | 1.38 |
| SA Bond I2031 | 0 | 27,500,000 | 30.57 | 2.11 | 27,500,000 | 29.91 | 2.40 |
| SA Bond I2033 | 0 | 12,500,000 | 16.73 | 1.16 | 12,500,000 | 16.18 | 1.30 |
| SA Bond I2038 | 0 | 20,000,000 | 28.98 | 2.00 | 20,000,000 | 27.96 | 2.24 |
| SA Bond R210 | 0 | 10,000,000 | 25.14 | 1.74 | 10,000,000 | 24.69 | 1.98 |
| SA Bond RN2030 | 20,000,000 | 20,000,000 | 20.13 | 1.39 | 0 | 0.00 | 0.00 |
| SA Bond RN2035 | 15,000,000 | 15,000,000 | 15.19 | 1.05 | 0 | 0.00 | 0.00 |
| SA Bond SBS31 | 0 | 13,000 | 0.01 | 0.00 | 13,000 | 0.01 | 0.00 |
| Bond Total | 35,000,000 | 117,513,000 | 154.27 | 10.67 | 82,513,000 | 115.94 | 9.31 |
| Cash on call | 0 | 0 | -53.98 | -3.73 | 0 | -44.73 | -3.59 |
| Margin Account | 0 | 0 | 6.29 | 0.43 | 0 | 5.53 | 0.44 |
| Cash on call Total | 0 | 0 | -47.69 | -3.30 | 0 | -39.20 | -3.15 |
| Sasol Ltd. | 12,000 | 36,023 | 3.87 | 0.27 | 24,023 | 1.89 | 0.15 |
| Chemicals Total | 12,000 | 36,023 | 3.87 | 0.27 | 24,023 | 1.89 | 0.15 |
| Curro Holdings Ltd. | 0 | 555,112 | 6.66 | 0.46 | 555,112 | 5.00 | 0.40 |
| Consumer Services Total | 0 | 555,112 | 6.66 | 0.46 | 555,112 | 5.00 | 0.40 |
| Equity Derivative | 0 | 0 | 83.79 | 5.79 | 0 | 120.83 | 9.70 |
| Derivatives Total | 0 | 0 | 83.79 | 5.79 | 0 | 120.83 | 9.70 |
| Sanlam Global Best Ideas Fund | 383,141 | 4,421,931 | 239.61 | 16.57 | 4,038,790 | 208.75 | 16.75 |
| Equities Total | 383,141 | 4,421,931 | 239.61 | 16.57 | 4,038,790 | 208.75 | 16.75 |
| NewGold | 936 | 23,886 | 14.70 | 1.02 | 22,950 | 12.40 | 1.00 |
| Exchange Traded Funds Total | 936 | 23,886 | 14.70 | 1.02 | 22,950 | 12.40 | 1.00 |
| Exchange Traded Notes | 373,021 | 373,021 | 42.03 | 2.91 | 0 | 0.00 | 0.00 |
| Exchange Traded Notes Total | 373,021 | 373,021 | 42.03 | 2.91 | 0 | 0.00 | 0.00 |
| AVI Ltd. | 0 | 65,059 | 6.44 | 0.45 | 65,059 | 6.12 | 0.49 |
| Libstar Holdings Ltd. | 0 | 1,435,617 | 6.88 | 0.48 | 1,435,617 | 4.52 | 0.36 |
| Tiger Brands Ltd. | 0 | 32,955 | 10.18 | 0.70 | 32,955 | 10.51 | 0.84 |
| Food Producers Total | 0 | 1,533,631 | 23.49 | 1.62 | 1,533,631 | 21.15 | 1.70 |
| USA - Currency | 0 | 0 | 1.39 | 0.10 | 0 | 1.07 | 0.09 |
| For Currency Total | 0 | 0 | 1.39 | 0.10 | 0 | 1.07 | 0.09 |
| Foreign - Bonds | 0 | 0 | 34.96 | 2.42 | 0 | 35.64 | 2.86 |
| Foreign Invest Total | 0 | 0 | 34.96 | 2.42 | 0 | 35.64 | 2.86 |
| The Bidvest Group Ltd. | 15,000 | 57,655 | 12.21 | 0.84 | 42,655 | 9.96 | 0.80 |
| General Industrials Total | 15,000 | 57,655 | 12.21 | 0.84 | 42,655 | 9.96 | 0.80 |
| Life Healthcare Group Holdings Ltd. | 90,000 | 689,051 | 7.99 | 0.55 | 599,051 | 8.55 | 0.69 |
| Netcare Ltd. | 90,000 | 436,400 | 6.20 | 0.43 | 346,400 | 4.83 | 0.39 |
| Health Care Providers Total | 180,000 | 1,125,451 | 14.18 | 0.98 | 945,451 | 13.39 | 1.07 |
| Anglo American plc | 0 | 33,727 | 21.80 | 1.51 | 33,727 | 17.73 | 1.42 |
| BHP Group Ltd. | 4,200 | 28,791 | 13.72 | 0.95 | 24,591 | 10.50 | 0.84 |
| Glencore plc | 42,000 | 42,000 | 3.35 | 0.23 | 0 | 0.00 | 0.00 |
| Industrial Metals and Mining Total | 46,200 | 104,518 | 38.87 | 2.69 | 58,318 | 28.23 | 2.27 |
| Hudaco Industries Ltd. | 16,000 | 92,762 | 16.33 | 1.13 | 76,762 | 15.19 | 1.22 |
| Industrial Support Services Total | 16,000 | 92,762 | 16.33 | 1.13 | 76,762 | 15.19 | 1.22 |
| Ninety One Ltd. | 28,000 | 478,162 | 21.74 | 1.50 | 450,162 | 19.51 | 1.57 |
| Remgro Ltd. | 0 | 73,663 | 12.36 | 0.85 | 73,663 | 11.65 | 0.94 |
| Investment Banking and Brokerage Services Total | 28,000 | 551,825 | 34.10 | 2.36 | 523,825 | 31.17 | 2.50 |
| Momentum Group Ltd. | 0 | 273,696 | 8.97 | 0.62 | 273,696 | 9.39 | 0.75 |
| Sanlam Ltd. | 30,000 | 193,640 | 16.19 | 1.12 | 163,640 | 14.51 | 1.16 |
| Life Insurance Total | 30,000 | 467,336 | 25.16 | 1.74 | 437,336 | 23.89 | 1.92 |
| eMedia Holdings Ltd. | 30,908 | 30,908 | 0.06 | 0.00 | 0 | 0.00 | 0.00 |
| Media Total | 30,908 | 30,908 | 0.06 | 0.00 | 0 | 0.00 | 0.00 |
| Money Market - 10 months duration | 0 | 0 | 15.29 | 1.06 | 0 | 11.24 | 0.90 |
| Money Market - 14 months duration | 0 | 0 | 8.09 | 0.56 | 0 | 0.00 | 0.00 |
| Money Market - 15 months duration | 0 | 0 | 12.11 | 0.84 | 0 | 0.00 | 0.00 |
| Money Market - 17 months duration | 0 | 0 | 4.06 | 0.28 | 0 | 8.10 | 0.65 |
| Money Market - 18 months duration | 0 | 0 | 32.26 | 2.23 | 0 | 12.12 | 0.97 |
| Money Market - 20 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 4.07 | 0.33 |
| Money Market - 21 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 32.26 | 2.59 |
| Money Market - 23 months duration | 0 | 0 | 4.08 | 0.28 | 0 | 0.00 | 0.00 |
| Money Market - 27 months duration | 0 | 0 | 5.02 | 0.35 | 0 | 0.00 | 0.00 |
| Money Market - 33 months duration | 0 | 0 | 22.48 | 1.55 | 0 | 0.00 | 0.00 |
| Money Market - 34 months duration | 0 | 0 | 3.05 | 0.21 | 0 | 0.00 | 0.00 |
| Money Market - 5 months duration | 0 | 0 | 4.05 | 0.28 | 0 | 0.00 | 0.00 |
| Money Market - 6 months duration | 0 | 0 | 5.02 | 0.35 | 0 | 0.00 | 0.00 |
| Money Market - 7 months duration | 0 | 0 | 11.22 | 0.78 | 0 | 0.00 | 0.00 |
| Money Market - 8 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 4.06 | 0.33 |
| Money Market - 9 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 5.02 | 0.40 |
| Money Market Instrument | 0 | 0 | 77.72 | 5.38 | 0 | 109.31 | 8.77 |
| Money Market Total | 0 | 0 | 204.45 | 14.14 | 0 | 186.17 | 14.94 |
| Santam Ltd. | 6,400 | 27,608 | 10.43 | 0.72 | 21,208 | 9.08 | 0.73 |
| Non-life Insurance Total | 6,400 | 27,608 | 10.43 | 0.72 | 21,208 | 9.08 | 0.73 |
| Denker Global Financial | 8,642 | 78,869 | 64.72 | 4.48 | 70,227 | 54.59 | 4.38 |
| Offshore Intern Total | 8,642 | 78,869 | 64.72 | 4.48 | 70,227 | 54.59 | 4.38 |
| Bid Corporation Ltd. | 6,000 | 25,399 | 10.98 | 0.76 | 19,399 | 9.07 | 0.73 |
| Boxer Retail Ltd. | 0 | 166,946 | 11.55 | 0.80 | 166,946 | 11.56 | 0.93 |
| Clicks Group Ltd. | 7,000 | 19,129 | 6.74 | 0.47 | 12,129 | 4.50 | 0.36 |
| Dis-Chem Pharmacies Ltd. | 0 | 284,892 | 9.33 | 0.65 | 284,892 | 9.20 | 0.74 |
| Pick n Pay Stores Ltd. | 0 | 168,596 | 4.28 | 0.30 | 168,596 | 4.52 | 0.36 |
| Shoprite Holdings Ltd. | 4,000 | 20,532 | 5.63 | 0.39 | 16,532 | 4.58 | 0.37 |
| Personal Care, Drug and Grocery Stores Total | 17,000 | 685,494 | 48.50 | 3.35 | 668,494 | 43.43 | 3.49 |
| Compagnie Financière Richemont SA | 1,100 | 4,190 | 13.70 | 0.95 | 3,090 | 10.29 | 0.83 |
| Personal Goods Total | 1,100 | 4,190 | 13.70 | 0.95 | 3,090 | 10.29 | 0.83 |
| Northam Platinum Holdings Ltd. | 0 | 101,824 | 28.61 | 1.98 | 101,824 | 19.52 | 1.57 |
| Valterra Platinum Ltd. | 4,408 | 18,913 | 23.36 | 1.62 | 14,505 | 11.46 | 0.92 |
| Precious Metals and Mining Total | 4,408 | 120,737 | 51.98 | 3.59 | 116,329 | 30.98 | 2.49 |
| Combined Motor Holdings Ltd. | 0 | 241,330 | 7.96 | 0.55 | 241,330 | 7.32 | 0.59 |
| Italtile Ltd. | 0 | 560,609 | 5.19 | 0.36 | 560,609 | 5.61 | 0.45 |
| Mr Price Group Ltd. | 14,000 | 69,246 | 14.11 | 0.98 | 55,246 | 12.23 | 0.98 |
| Pepkor Holdings Ltd. | 0 | 442,490 | 10.76 | 0.74 | 442,490 | 12.05 | 0.97 |
| The Foschini Group Ltd. | 23,500 | 80,876 | 8.82 | 0.61 | 57,376 | 7.40 | 0.59 |
| Woolworths Holdings Ltd. | 240,000 | 240,000 | 12.07 | 0.83 | 0 | 0.00 | 0.00 |
| Retailers Total | 277,500 | 1,634,551 | 58.91 | 4.07 | 1,357,051 | 44.60 | 3.58 |
| Naspers Ltd. | 600 | 8,666 | 54.20 | 3.75 | 8,066 | 44.49 | 3.57 |
| Prosus NV | 0 | 31,748 | 38.44 | 2.66 | 31,748 | 31.48 | 2.53 |
| Software and Computer Services Total | 600 | 40,414 | 92.64 | 6.41 | 39,814 | 75.97 | 6.10 |
| MTN Group Ltd. | 49,000 | 182,650 | 26.48 | 1.83 | 133,650 | 18.82 | 1.51 |
| Telecommunications Service Providers Total | 49,000 | 182,650 | 26.48 | 1.83 | 133,650 | 18.82 | 1.51 |
| British American Tobacco plc | -1,800 | 19,075 | 17.40 | 1.20 | 20,875 | 17.55 | 1.41 |
| Tobacco Total | -1,800 | 19,075 | 17.40 | 1.20 | 20,875 | 17.55 | 1.41 |
| Famous Brands Ltd. | 0 | 212,198 | 11.35 | 0.79 | 212,198 | 13.30 | 1.07 |
| Sun International Ltd. | 30,000 | 336,412 | 13.57 | 0.94 | 306,412 | 13.39 | 1.07 |
| Travel and Leisure Total | 30,000 | 548,610 | 24.93 | 1.72 | 518,610 | 26.69 | 2.14 |
| Portfolio Total | 36,572,356 | 131,064,116 | 1,445.85 | 100.00 | 94,491,760 | 1,245.97 | 100.00 |