| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -5,971 | 58,283 | 10.55 | 1.73 | 64,254 | 11.31 | 1.87 |
| Capitec Bank Holdings Ltd. | -819 | 6,383 | 22.17 | 3.64 | 7,202 | 25.57 | 4.23 |
| FirstRand Ltd. | -56,905 | 457,845 | 35.56 | 5.84 | 514,750 | 38.96 | 6.44 |
| Investec Ltd. | -997 | 9,727 | 1.25 | 0.20 | 10,724 | 1.42 | 0.23 |
| Investec plc | -3,045 | 29,725 | 3.81 | 0.63 | 32,770 | 4.33 | 0.72 |
| Nedbank Group Ltd. | -5,707 | 22,500 | 4.80 | 0.79 | 28,207 | 6.86 | 1.13 |
| Standard Bank Group Ltd. | -12,563 | 110,047 | 26.01 | 4.27 | 122,610 | 27.90 | 4.61 |
| Banks Total | -86,007 | 694,510 | 104.16 | 17.10 | 780,517 | 116.35 | 19.23 |
| Anheuser-Busch InBev SA/NV | -1,509 | 5,525 | 5.67 | 0.93 | 7,034 | 8.57 | 1.42 |
| Beverages Total | -1,509 | 5,525 | 5.67 | 0.93 | 7,034 | 8.57 | 1.42 |
| Cash on call | 0 | 0 | 6.69 | 1.10 | 0 | 5.72 | 0.94 |
| Margin Account | 0 | 0 | 41.35 | 6.79 | 0 | 40.89 | 6.76 |
| Cash on call Total | 0 | 0 | 48.04 | 7.89 | 0 | 46.61 | 7.70 |
| Sasol Ltd. | -9,459 | 57,686 | 6.20 | 1.02 | 67,145 | 5.29 | 0.87 |
| Chemicals Total | -9,459 | 57,686 | 6.20 | 1.02 | 67,145 | 5.29 | 0.87 |
| NewGold | 0 | 5,356 | 3.30 | 0.54 | 5,356 | 2.89 | 0.48 |
| Exchange Traded Funds Total | 0 | 5,356 | 3.30 | 0.54 | 5,356 | 2.89 | 0.48 |
| Mondi plc | -15,721 | 26,846 | 6.33 | 1.04 | 42,567 | 12.39 | 2.05 |
| The Bidvest Group Ltd. | -2,607 | 39,811 | 8.43 | 1.38 | 42,418 | 9.91 | 1.64 |
| General Industrials Total | -18,328 | 66,657 | 14.76 | 2.42 | 84,985 | 22.30 | 3.68 |
| Life Healthcare Group Holdings Ltd. | 0 | 134,235 | 1.56 | 0.26 | 134,235 | 1.92 | 0.32 |
| Health Care Providers Total | 0 | 134,235 | 1.56 | 0.26 | 134,235 | 1.92 | 0.32 |
| Investec Stefi Plus - Z | -429,805 | 1,048 | 0.00 | 0.00 | 430,853 | 0.45 | 0.07 |
| Income Total | -429,805 | 1,048 | 0.00 | 0.00 | 430,853 | 0.45 | 0.07 |
| Anglo American plc | -3,347 | 25,350 | 16.39 | 2.69 | 28,697 | 15.08 | 2.49 |
| BHP Group Ltd. | -1,154 | 5,770 | 2.75 | 0.45 | 6,924 | 2.96 | 0.49 |
| Glencore plc | 64,133 | 108,030 | 8.61 | 1.41 | 43,897 | 3.05 | 0.50 |
| Industrial Metals and Mining Total | 59,632 | 139,150 | 27.75 | 4.56 | 79,518 | 21.09 | 3.49 |
| JSE Ltd. | 0 | 54,622 | 6.96 | 1.14 | 54,622 | 7.28 | 1.20 |
| Reinet Investments SCA | 8,566 | 10,708 | 5.41 | 0.89 | 2,142 | 1.23 | 0.20 |
| Remgro Ltd. | -9,346 | 91,243 | 15.30 | 2.51 | 100,589 | 15.91 | 2.63 |
| Investment Banking and Brokerage Services Total | -780 | 156,573 | 27.67 | 4.54 | 157,353 | 24.43 | 4.04 |
| Discovery Ltd. | -5,072 | 49,519 | 9.76 | 1.60 | 54,591 | 11.73 | 1.94 |
| Sanlam Ltd. | -19,287 | 188,291 | 15.74 | 2.58 | 207,578 | 18.41 | 3.04 |
| Life Insurance Total | -24,359 | 237,810 | 25.49 | 4.19 | 262,169 | 30.13 | 4.98 |
| eMedia Holdings Ltd. | 38,289 | 38,289 | 0.07 | 0.01 | 0 | 0.00 | 0.00 |
| Media Total | 38,289 | 38,289 | 0.07 | 0.01 | 0 | 0.00 | 0.00 |
| Ninety One Money Market - Z | -18,924,197 | 11,069,932 | 11.07 | 1.82 | 29,994,129 | 29.99 | 4.96 |
| Money Market Total | -18,924,197 | 11,069,932 | 11.07 | 1.82 | 29,994,129 | 29.99 | 4.96 |
| OUTsurance Group Ltd. | -8,809 | 85,993 | 6.17 | 1.01 | 94,802 | 7.43 | 1.23 |
| Santam Ltd. | 0 | 13,879 | 5.24 | 0.86 | 13,879 | 5.94 | 0.98 |
| Non-life Insurance Total | -8,809 | 99,872 | 11.41 | 1.87 | 108,681 | 13.37 | 2.21 |
| Bid Corporation Ltd. | -3,696 | 36,086 | 15.60 | 2.56 | 39,782 | 18.60 | 3.07 |
| Boxer Retail Ltd. | 0 | 13,933 | 0.96 | 0.16 | 13,933 | 0.97 | 0.16 |
| Clicks Group Ltd. | -1,544 | 3,261 | 1.15 | 0.19 | 4,805 | 1.78 | 0.29 |
| Shoprite Holdings Ltd. | 16,729 | 48,023 | 13.16 | 2.16 | 31,294 | 8.67 | 1.43 |
| The SPAR Group Ltd. | 0 | 27,791 | 2.74 | 0.45 | 27,791 | 3.00 | 0.50 |
| Personal Care, Drug and Grocery Stores Total | 11,489 | 129,094 | 33.61 | 5.52 | 117,605 | 33.01 | 5.45 |
| Compagnie Financière Richemont SA | -413 | 2,434 | 7.96 | 1.31 | 2,847 | 9.48 | 1.57 |
| Personal Goods Total | -413 | 2,434 | 7.96 | 1.31 | 2,847 | 9.48 | 1.57 |
| Aspen Pharmacare Holdings Ltd. | -10,552 | 0 | 0.00 | 0.00 | 10,552 | 1.26 | 0.21 |
| Pharmaceuticals and Biotechnology Total | -10,552 | 0 | 0.00 | 0.00 | 10,552 | 1.26 | 0.21 |
| AngloGold Ashanti plc | -2,973 | 26,741 | 32.45 | 5.33 | 29,714 | 23.80 | 3.93 |
| Gold Fields Ltd. | -7,307 | 67,634 | 49.31 | 8.10 | 74,941 | 31.16 | 5.15 |
| Harmony Gold Mining Company Ltd. | -5,153 | 37,873 | 11.92 | 1.96 | 43,026 | 10.53 | 1.74 |
| Impala Platinum Holdings Ltd. | -5,605 | 54,715 | 12.07 | 1.98 | 60,320 | 9.59 | 1.58 |
| Northam Platinum Holdings Ltd. | -2,928 | 28,578 | 8.03 | 1.32 | 31,506 | 6.04 | 1.00 |
| Sibanye Stillwater Ltd. | -7,865 | 188,686 | 9.30 | 1.53 | 196,551 | 6.34 | 1.05 |
| Valterra Platinum Ltd. | 5,711 | 18,741 | 23.15 | 3.80 | 13,030 | 10.30 | 1.70 |
| Precious Metals and Mining Total | -26,120 | 422,968 | 146.24 | 24.01 | 449,088 | 97.76 | 16.15 |
| NEPI Rockcastle NV | -3,418 | 15,300 | 2.12 | 0.35 | 18,718 | 2.53 | 0.42 |
| Real Estate Investment and Services Total | -3,418 | 15,300 | 2.12 | 0.35 | 18,718 | 2.53 | 0.42 |
| Growthpoint Properties Ltd. | -59,216 | 578,121 | 8.52 | 1.40 | 637,337 | 8.53 | 1.41 |
| Real Estate Investment Trusts Total | -59,216 | 578,121 | 8.52 | 1.40 | 637,337 | 8.53 | 1.41 |
| Mr Price Group Ltd. | -1,209 | 0 | 0.00 | 0.00 | 1,209 | 0.27 | 0.04 |
| Pepkor Holdings Ltd. | 47,059 | 175,240 | 4.26 | 0.70 | 128,181 | 3.49 | 0.58 |
| Woolworths Holdings Ltd. | -6,903 | 127,472 | 6.41 | 1.05 | 134,375 | 6.96 | 1.15 |
| Retailers Total | 38,947 | 302,712 | 10.67 | 1.75 | 263,765 | 10.71 | 1.77 |
| Naspers Ltd. | -936 | 8,172 | 51.11 | 8.39 | 9,108 | 50.23 | 8.30 |
| Prosus NV | -1,274 | 10,727 | 12.99 | 2.13 | 12,001 | 11.90 | 1.97 |
| Software and Computer Services Total | -2,210 | 18,899 | 64.10 | 10.52 | 21,109 | 62.13 | 10.27 |
| MTN Group Ltd. | -22,047 | 149,479 | 21.67 | 3.56 | 171,526 | 24.16 | 3.99 |
| Vodacom Group Ltd. | -3,880 | 14,666 | 1.95 | 0.32 | 18,546 | 2.54 | 0.42 |
| Telecommunications Service Providers Total | -25,927 | 164,145 | 23.63 | 3.88 | 190,072 | 26.69 | 4.41 |
| British American Tobacco plc | -7,490 | 24,402 | 22.26 | 3.65 | 31,892 | 26.81 | 4.43 |
| Tobacco Total | -7,490 | 24,402 | 22.26 | 3.65 | 31,892 | 26.81 | 4.43 |
| Famous Brands Ltd. | 7,524 | 53,212 | 2.85 | 0.47 | 45,688 | 2.86 | 0.47 |
| Travel and Leisure Total | 7,524 | 53,212 | 2.85 | 0.47 | 45,688 | 2.86 | 0.47 |
| Portfolio Total | -19,482,718 | 14,417,930 | 609.09 | 100.00 | 33,900,648 | 605.17 | 100.00 |