| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Metair Investments Ltd. | 0 | 272,276 | 2.04 | 0.14 | 272,276 | 1.92 | 0.15 |
| Automobiles and Parts Total | 0 | 272,276 | 2.04 | 0.14 | 272,276 | 1.92 | 0.15 |
| FirstRand Ltd. | -200,448 | 0 | 0.00 | 0.00 | 200,448 | 14.40 | 1.11 |
| Investec Ltd. | 0 | 33,791 | 4.47 | 0.30 | 33,791 | 3.85 | 0.30 |
| Investec plc | -27,038 | 0 | 0.00 | 0.00 | 27,038 | 3.08 | 0.24 |
| Banks Total | -227,486 | 33,791 | 4.47 | 0.30 | 261,277 | 21.33 | 1.65 |
| SA Bond BNDS | 0 | 0 | 69.54 | 4.72 | 0 | 0.00 | 0.00 |
| SA Bond FIFB22 | 0 | 9,200,000 | 9.25 | 0.63 | 9,200,000 | 9.25 | 0.71 |
| SA Bond FRBI28 | -839,369 | 0 | 0.00 | 0.00 | 839,369 | 2.04 | 0.16 |
| SA Bond MTN27 | 0 | 21,190,970 | 21.76 | 1.48 | 21,190,970 | 21.83 | 1.69 |
| SA Bond MTN30 | 0 | 17,401,169 | 17.88 | 1.21 | 17,401,169 | 17.91 | 1.38 |
| SA Bond MTN36 | 0 | 8,310,000 | 8.51 | 0.58 | 8,310,000 | 8.51 | 0.66 |
| SA Bond R2032 | 410,840,000 | 410,840,000 | 400.85 | 27.18 | 0 | 0.00 | 0.00 |
| SA Bond R2037 | -65,926,824 | 0 | 0.00 | 0.00 | 65,926,824 | 55.75 | 4.30 |
| SA Bond R2040 | -25,559,000 | 217,313,490 | 196.04 | 13.29 | 242,872,490 | 204.42 | 15.78 |
| SA Bond SLI6 | 0 | 4,885,733 | 5.03 | 0.34 | 4,885,733 | 5.01 | 0.39 |
| SA Bond SNT07 | 0 | 9,400,000 | 9.70 | 0.66 | 9,400,000 | 9.71 | 0.75 |
| Bond Total | 318,514,807 | 698,541,362 | 738.56 | 50.08 | 380,026,555 | 334.44 | 25.82 |
| Cash on call | 0 | 0 | 5.60 | 0.38 | 0 | 23.93 | 1.85 |
| Margin Account | 0 | 0 | 3.66 | 0.25 | 0 | 2.92 | 0.23 |
| Cash on call Total | 0 | 0 | 9.26 | 0.63 | 0 | 26.85 | 2.07 |
| AECI Ltd. | -658 | 41,148 | 4.36 | 0.30 | 41,806 | 4.07 | 0.31 |
| Omnia Holdings Ltd. | -38,495 | 208,441 | 16.57 | 1.12 | 246,936 | 16.58 | 1.28 |
| Sasol Ltd. | 862 | 105,733 | 8.33 | 0.56 | 104,871 | 8.02 | 0.62 |
| Chemicals Total | -38,291 | 355,322 | 29.26 | 1.98 | 393,613 | 28.67 | 2.21 |
| Astoria Investment Ltd. | 0 | 598,442 | 4.19 | 0.28 | 598,442 | 4.49 | 0.35 |
| EPE Capital Partners Ltd. | 382,850 | 2,946,035 | 19.59 | 1.33 | 2,563,185 | 12.89 | 1.00 |
| Closed End Investments Total | 382,850 | 3,544,477 | 23.78 | 1.61 | 3,161,627 | 17.38 | 1.34 |
| PPC Ltd. | 0 | 1,769,142 | 9.15 | 0.62 | 1,769,142 | 8.14 | 0.63 |
| Construction and Materials Total | 0 | 1,769,142 | 9.15 | 0.62 | 1,769,142 | 8.14 | 0.63 |
| Curro Holdings Ltd. | 0 | 502,581 | 4.53 | 0.31 | 502,581 | 4.22 | 0.33 |
| Consumer Services Total | 0 | 502,581 | 4.53 | 0.31 | 502,581 | 4.22 | 0.33 |
| Equity Derivative | 0 | 0 | 2.05 | 0.14 | 0 | 0.00 | 0.00 |
| Derivatives Total | 0 | 0 | 2.05 | 0.14 | 0 | 0.00 | 0.00 |
| Kagiso Global Equity Fund | 5,977 | 77,258 | 181.47 | 12.31 | 71,281 | 152.81 | 11.80 |
| Equities Total | 5,977 | 77,258 | 181.47 | 12.31 | 71,281 | 152.81 | 11.80 |
| NewPlat | 86,913 | 389,646 | 88.19 | 5.98 | 302,733 | 52.99 | 4.09 |
| Exchange Traded Funds Total | 86,913 | 389,646 | 88.19 | 5.98 | 302,733 | 52.99 | 4.09 |
| Camissa Global Flexible | 0 | 7,976,049 | 39.90 | 2.71 | 7,976,049 | 36.17 | 2.79 |
| Flexible Total | 0 | 7,976,049 | 39.90 | 2.71 | 7,976,049 | 36.17 | 2.79 |
| Crookes Brothers Ltd. | 0 | 90,671 | 2.74 | 0.19 | 90,671 | 2.58 | 0.20 |
| Libstar Holdings Ltd. | 0 | 615,061 | 1.94 | 0.13 | 615,061 | 1.97 | 0.15 |
| Oceana Group Ltd. | 0 | 21,146 | 1.11 | 0.08 | 21,146 | 1.23 | 0.09 |
| Sea Harvest Group Ltd. | 0 | 617,830 | 5.04 | 0.34 | 617,830 | 4.19 | 0.32 |
| Food Producers Total | 0 | 1,344,708 | 10.82 | 0.73 | 1,344,708 | 9.97 | 0.77 |
| USA - Currency | 0 | 0 | 30.70 | 2.08 | 0 | 0.11 | 0.01 |
| For Currency Total | 0 | 0 | 30.70 | 2.08 | 0 | 0.11 | 0.01 |
| Bowler Metcalf Ltd. | 0 | 363,311 | 4.67 | 0.32 | 363,311 | 5.05 | 0.39 |
| KAP Ltd. | 0 | 1,866,995 | 3.83 | 0.26 | 1,866,995 | 4.72 | 0.36 |
| Mondi plc | 0 | 1 | 0.00 | 0.00 | 1 | 0.00 | 0.00 |
| Transpaco Ltd. | 0 | 183,306 | 6.87 | 0.47 | 183,306 | 6.69 | 0.52 |
| General Industrials Total | 0 | 2,413,613 | 15.37 | 1.04 | 2,413,613 | 16.46 | 1.27 |
| Glencore plc | 20,731 | 191,964 | 13.35 | 0.91 | 171,233 | 11.52 | 0.89 |
| Master Drilling Group Ltd. | 0 | 209,019 | 3.34 | 0.23 | 209,019 | 3.07 | 0.24 |
| Industrial Metals and Mining Total | 20,731 | 400,983 | 16.69 | 1.13 | 380,252 | 14.59 | 1.13 |
| Adcorp Holdings Ltd. | 0 | 587,785 | 4.00 | 0.27 | 587,785 | 2.15 | 0.17 |
| Industrial Support Services Total | 0 | 587,785 | 4.00 | 0.27 | 587,785 | 2.15 | 0.17 |
| Camissa Global Equity Feeder - B | 0 | 2,876,838 | 4.98 | 0.34 | 2,876,838 | 4.61 | 0.36 |
| International Total | 0 | 2,876,838 | 4.98 | 0.34 | 2,876,838 | 4.61 | 0.36 |
| Brait plc | 86,829 | 7,490,305 | 16.70 | 1.13 | 7,403,476 | 14.66 | 1.13 |
| Brait plc | -88,022 | 0 | 0.00 | 0.00 | 88,022 | 66.90 | 5.16 |
| Quilter plc | 39,587 | 406,311 | 15.45 | 1.05 | 366,724 | 12.82 | 0.99 |
| Investment Banking and Brokerage Services Total | 38,394 | 7,896,616 | 32.15 | 2.18 | 7,858,222 | 94.38 | 7.29 |
| Caxton and CTP Publishers and Printers Ltd. | 0 | 558,133 | 6.59 | 0.45 | 558,133 | 6.78 | 0.52 |
| Media Total | 0 | 558,133 | 6.59 | 0.45 | 558,133 | 6.78 | 0.52 |
| Money Market - 10 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 30.45 | 2.35 |
| Money Market - 7 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 59.78 | 4.62 |
| Money Market - 8 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 77.01 | 5.95 |
| Money Market - 9 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 82.97 | 6.41 |
| Money Market Total | 0 | 0 | 0.00 | 0.00 | 0 | 250.21 | 19.32 |
| Santam Ltd. | 0 | 16 | 0.01 | 0.00 | 16 | 0.01 | 0.00 |
| Non-life Insurance Total | 0 | 16 | 0.01 | 0.00 | 16 | 0.01 | 0.00 |
| Exxaro Resources Ltd. | 9,625 | 99,510 | 14.62 | 0.99 | 89,885 | 13.33 | 1.03 |
| Oil, Gas and Coal Total | 9,625 | 99,510 | 14.62 | 0.99 | 89,885 | 13.33 | 1.03 |
| The SPAR Group Ltd. | 13,258 | 34,673 | 3.74 | 0.25 | 21,415 | 2.53 | 0.20 |
| Personal Care, Drug and Grocery Stores Total | 13,258 | 34,673 | 3.74 | 0.25 | 21,415 | 2.53 | 0.20 |
| Northam Platinum Holdings Ltd. | -46,003 | 143,098 | 27.43 | 1.86 | 189,101 | 24.76 | 1.91 |
| Valterra Platinum Ltd. | 2,357 | 36,657 | 28.97 | 1.96 | 34,300 | 25.19 | 1.94 |
| Precious Metals and Mining Total | -43,646 | 179,755 | 56.40 | 3.82 | 223,401 | 49.95 | 3.86 |
| Capitec Bank Holdings Ltd. | 0 | 280 | 0.03 | 0.00 | 280 | 0.03 | 0.00 |
| Discovery Ltd. | 0 | 2,534 | 0.30 | 0.02 | 2,534 | 0.26 | 0.02 |
| Goldrush Holdings Ltd. | 0 | 599,297 | 4.79 | 0.33 | 599,297 | 3.29 | 0.25 |
| Investec Ltd. | 0 | 23 | 0.00 | 0.00 | 23 | 0.00 | 0.00 |
| Preference Shares Total | 0 | 602,134 | 5.12 | 0.35 | 602,134 | 3.58 | 0.28 |
| Delta Property Fund Ltd. | 0 | 1,007,773 | 0.22 | 0.02 | 1,007,773 | 0.24 | 0.02 |
| Dipula Properties Ltd. | 0 | 8,956,704 | 47.92 | 3.25 | 8,956,704 | 46.31 | 3.57 |
| Equites Property Fund Ltd. | 0 | 194 | 0.00 | 0.00 | 194 | 0.00 | 0.00 |
| Real Estate Investment Trusts Total | 0 | 9,964,671 | 48.14 | 3.26 | 9,964,671 | 46.55 | 3.59 |
| Truworths International Ltd. | -17,156 | 73,332 | 5.24 | 0.36 | 90,488 | 6.51 | 0.50 |
| Woolworths Holdings Ltd. | 5,282 | 70,893 | 3.67 | 0.25 | 65,611 | 3.35 | 0.26 |
| Retailers Total | -11,874 | 144,225 | 8.91 | 0.60 | 156,099 | 9.86 | 0.76 |
| Altron Ltd. | 0 | 204,486 | 4.52 | 0.31 | 204,486 | 4.24 | 0.33 |
| Capital Appreciation Ltd. | -1,688,977 | 270,889 | 0.48 | 0.03 | 1,959,866 | 2.61 | 0.20 |
| Datatec Ltd. | -151,771 | 173,885 | 11.34 | 0.77 | 325,656 | 18.08 | 1.40 |
| Prosus NV | -16,775 | 25,964 | 25.75 | 1.75 | 42,739 | 35.97 | 2.78 |
| Software and Computer Services Total | -1,857,523 | 675,224 | 42.09 | 2.85 | 2,532,747 | 60.90 | 4.70 |
| MTN Group Ltd. | 96,172 | 122,117 | 17.20 | 1.17 | 25,945 | 3.20 | 0.25 |
| Telecommunications Service Providers Total | 96,172 | 122,117 | 17.20 | 1.17 | 25,945 | 3.20 | 0.25 |
| Famous Brands Ltd. | 33,811 | 270,840 | 16.98 | 1.15 | 237,029 | 13.75 | 1.06 |
| Spur Corporation Ltd. | 7,533 | 114,323 | 3.76 | 0.26 | 106,790 | 3.42 | 0.26 |
| Tsogo Sun Ltd. | 0 | 490,529 | 3.76 | 0.26 | 490,529 | 4.05 | 0.31 |
| Travel and Leisure Total | 41,344 | 875,692 | 24.51 | 1.66 | 834,348 | 21.21 | 1.64 |
| Portfolio Total | 317,031,251 | 742,238,597 | 1,474.69 | 100.00 | 425,207,346 | 1,295.30 | 100.00 |