| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -9,494 | 64,254 | 11.31 | 1.87 | 73,748 | 13.05 | 2.17 |
| Capitec Bank Holdings Ltd. | -754 | 7,202 | 25.57 | 4.23 | 7,956 | 24.68 | 4.10 |
| FirstRand Ltd. | -48,233 | 514,750 | 38.96 | 6.44 | 562,983 | 40.44 | 6.72 |
| Investec Ltd. | -1,269 | 10,724 | 1.42 | 0.23 | 11,993 | 1.37 | 0.23 |
| Investec plc | -3,877 | 32,770 | 4.33 | 0.72 | 36,647 | 4.17 | 0.69 |
| Nedbank Group Ltd. | -5,431 | 28,207 | 6.86 | 1.13 | 33,638 | 8.65 | 1.44 |
| Standard Bank Group Ltd. | -14,502 | 122,610 | 27.90 | 4.61 | 137,112 | 32.83 | 5.45 |
| Banks Total | -83,560 | 780,517 | 116.35 | 19.23 | 864,077 | 125.20 | 20.81 |
| Anheuser-Busch InBev SA/NV | -143 | 7,034 | 8.57 | 1.42 | 7,177 | 8.11 | 1.35 |
| Beverages Total | -143 | 7,034 | 8.57 | 1.42 | 7,177 | 8.11 | 1.35 |
| Cash on call | 0 | 0 | 5.72 | 0.94 | 0 | 8.95 | 1.49 |
| Margin Account | 0 | 0 | 40.89 | 6.76 | 0 | 43.11 | 7.16 |
| Cash on call Total | 0 | 0 | 46.61 | 7.70 | 0 | 52.06 | 8.65 |
| Sasol Ltd. | -9,117 | 67,145 | 5.29 | 0.87 | 76,262 | 5.83 | 0.97 |
| Chemicals Total | -9,117 | 67,145 | 5.29 | 0.87 | 76,262 | 5.83 | 0.97 |
| NewGold | -3,498 | 5,356 | 2.89 | 0.48 | 8,854 | 4.71 | 0.78 |
| Exchange Traded Funds Total | -3,498 | 5,356 | 2.89 | 0.48 | 8,854 | 4.71 | 0.78 |
| Mondi plc | -637 | 42,567 | 12.39 | 2.05 | 43,204 | 11.76 | 1.95 |
| The Bidvest Group Ltd. | -2,786 | 42,418 | 9.91 | 1.64 | 45,204 | 10.65 | 1.77 |
| General Industrials Total | -3,423 | 84,985 | 22.30 | 3.68 | 88,408 | 22.41 | 3.72 |
| Life Healthcare Group Holdings Ltd. | -7,837 | 134,235 | 1.92 | 0.32 | 142,072 | 1.96 | 0.33 |
| Health Care Providers Total | -7,837 | 134,235 | 1.92 | 0.32 | 142,072 | 1.96 | 0.33 |
| Investec Stefi Plus - Z | 9,252 | 430,853 | 0.45 | 0.07 | 421,601 | 0.44 | 0.07 |
| Income Total | 9,252 | 430,853 | 0.45 | 0.07 | 421,601 | 0.44 | 0.07 |
| Anglo American plc | -8,825 | 28,697 | 15.08 | 2.49 | 37,522 | 19.17 | 3.19 |
| BHP Group Ltd. | -2,843 | 6,924 | 2.96 | 0.49 | 9,767 | 4.29 | 0.71 |
| Glencore plc | -54,757 | 43,897 | 3.05 | 0.50 | 98,654 | 6.64 | 1.10 |
| Industrial Metals and Mining Total | -66,425 | 79,518 | 21.09 | 3.49 | 145,943 | 30.10 | 5.00 |
| JSE Ltd. | -8,709 | 54,622 | 7.28 | 1.20 | 63,331 | 7.85 | 1.30 |
| Reinet Investments SCA | -1,120 | 2,142 | 1.23 | 0.20 | 3,262 | 1.45 | 0.24 |
| Remgro Ltd. | -7,578 | 100,589 | 15.91 | 2.63 | 108,167 | 17.07 | 2.84 |
| Investment Banking and Brokerage Services Total | -17,407 | 157,353 | 24.43 | 4.04 | 174,760 | 26.37 | 4.38 |
| Discovery Ltd. | -6,458 | 54,591 | 11.73 | 1.94 | 61,049 | 12.18 | 2.02 |
| Old Mutual Ltd. | -46,085 | 0 | 0.00 | 0.00 | 46,085 | 0.55 | 0.09 |
| Sanlam Ltd. | -11,920 | 207,578 | 18.41 | 3.04 | 219,498 | 18.16 | 3.02 |
| Life Insurance Total | -64,463 | 262,169 | 30.13 | 4.98 | 326,632 | 30.89 | 5.13 |
| Ninety One Money Market - Z | 29,925,582 | 29,994,129 | 29.99 | 4.96 | 68,547 | 0.07 | 0.01 |
| Money Market Total | 29,925,582 | 29,994,129 | 29.99 | 4.96 | 68,547 | 0.07 | 0.01 |
| OUTsurance Group Ltd. | -11,213 | 94,802 | 7.43 | 1.23 | 106,015 | 7.39 | 1.23 |
| Santam Ltd. | -2,422 | 13,879 | 5.94 | 0.98 | 16,301 | 6.08 | 1.01 |
| Non-life Insurance Total | -13,635 | 108,681 | 13.37 | 2.21 | 122,316 | 13.47 | 2.24 |
| Bid Corporation Ltd. | -3,216 | 39,782 | 18.60 | 3.07 | 42,998 | 18.90 | 3.14 |
| Boxer Retail Ltd. | -814 | 13,933 | 0.97 | 0.16 | 14,747 | 1.03 | 0.17 |
| Clicks Group Ltd. | -782 | 4,805 | 1.78 | 0.29 | 5,587 | 1.89 | 0.31 |
| Shoprite Holdings Ltd. | -5,628 | 31,294 | 8.67 | 1.43 | 36,922 | 10.07 | 1.67 |
| The SPAR Group Ltd. | 6,690 | 27,791 | 3.00 | 0.50 | 21,101 | 2.49 | 0.41 |
| Personal Care, Drug and Grocery Stores Total | -3,750 | 117,605 | 33.01 | 5.45 | 121,355 | 34.39 | 5.71 |
| Compagnie Financière Richemont SA | -792 | 2,847 | 9.48 | 1.57 | 3,639 | 11.53 | 1.92 |
| Personal Goods Total | -792 | 2,847 | 9.48 | 1.57 | 3,639 | 11.53 | 1.92 |
| Aspen Pharmacare Holdings Ltd. | -9,677 | 10,552 | 1.26 | 0.21 | 20,229 | 3.31 | 0.55 |
| Pharmaceuticals and Biotechnology Total | -9,677 | 10,552 | 1.26 | 0.21 | 20,229 | 3.31 | 0.55 |
| AngloGold Ashanti plc | -1,993 | 29,714 | 23.80 | 3.93 | 31,707 | 21.78 | 3.62 |
| Gold Fields Ltd. | -8,575 | 74,941 | 31.16 | 5.15 | 83,516 | 33.86 | 5.63 |
| Harmony Gold Mining Company Ltd. | -6,114 | 43,026 | 10.53 | 1.74 | 49,140 | 13.10 | 2.18 |
| Impala Platinum Holdings Ltd. | -7,809 | 60,320 | 9.59 | 1.58 | 68,129 | 8.58 | 1.43 |
| Northam Platinum Holdings Ltd. | 31,506 | 31,506 | 6.04 | 1.00 | 0 | 0.00 | 0.00 |
| Sibanye Stillwater Ltd. | -4,540 | 196,551 | 6.34 | 1.05 | 201,091 | 4.19 | 0.70 |
| Valterra Platinum Ltd. | 2,275 | 13,030 | 10.30 | 1.70 | 10,755 | 7.90 | 1.31 |
| Precious Metals and Mining Total | 4,750 | 449,088 | 97.76 | 16.15 | 444,338 | 89.40 | 14.86 |
| NEPI Rockcastle NV | -6,197 | 18,718 | 2.53 | 0.42 | 24,915 | 3.30 | 0.55 |
| Real Estate Investment and Services Total | -6,197 | 18,718 | 2.53 | 0.42 | 24,915 | 3.30 | 0.55 |
| Growthpoint Properties Ltd. | -40,676 | 637,337 | 8.53 | 1.41 | 678,013 | 8.78 | 1.46 |
| Real Estate Investment Trusts Total | -40,676 | 637,337 | 8.53 | 1.41 | 678,013 | 8.78 | 1.46 |
| Mr Price Group Ltd. | -3,727 | 1,209 | 0.27 | 0.04 | 4,936 | 1.09 | 0.18 |
| Pepkor Holdings Ltd. | -16,780 | 128,181 | 3.49 | 0.58 | 144,961 | 3.70 | 0.62 |
| Woolworths Holdings Ltd. | -9,751 | 134,375 | 6.96 | 1.15 | 144,126 | 7.35 | 1.22 |
| Retailers Total | -30,258 | 263,765 | 10.71 | 1.77 | 294,023 | 12.15 | 2.02 |
| Naspers Ltd. | -1,341 | 9,108 | 50.23 | 8.30 | 10,449 | 47.21 | 7.84 |
| Prosus NV | -2,365 | 12,001 | 11.90 | 1.97 | 14,366 | 12.09 | 2.01 |
| Software and Computer Services Total | -3,706 | 21,109 | 62.13 | 10.27 | 24,815 | 59.30 | 9.85 |
| MTN Group Ltd. | -20,288 | 171,526 | 24.16 | 3.99 | 191,814 | 23.64 | 3.93 |
| Vodacom Group Ltd. | -1,828 | 18,546 | 2.54 | 0.42 | 20,374 | 2.56 | 0.42 |
| Telecommunications Service Providers Total | -22,116 | 190,072 | 26.69 | 4.41 | 212,188 | 26.19 | 4.35 |
| British American Tobacco plc | -6,433 | 31,892 | 26.81 | 4.43 | 38,325 | 28.92 | 4.81 |
| Tobacco Total | -6,433 | 31,892 | 26.81 | 4.43 | 38,325 | 28.92 | 4.81 |
| Famous Brands Ltd. | -4,279 | 45,688 | 2.86 | 0.47 | 49,967 | 2.90 | 0.48 |
| Travel and Leisure Total | -4,279 | 45,688 | 2.86 | 0.47 | 49,967 | 2.90 | 0.48 |
| Portfolio Total | 29,542,192 | 33,900,648 | 605.17 | 100.00 | 4,358,456 | 601.79 | 100.00 |