| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Metair Investments Ltd. | 0 | 272,276 | 1.92 | 0.15 | 272,276 | 2.68 | 0.23 |
| Automobiles and Parts Total | 0 | 272,276 | 1.92 | 0.15 | 272,276 | 2.68 | 0.23 |
| FirstRand Ltd. | 200,448 | 200,448 | 14.40 | 1.11 | 0 | 0.00 | 0.00 |
| Investec Ltd. | 33,791 | 33,791 | 3.85 | 0.30 | 0 | 0.00 | 0.00 |
| Investec plc | 27,038 | 27,038 | 3.08 | 0.24 | 0 | 0.00 | 0.00 |
| Standard Bank Group Ltd. | -25,561 | 0 | 0.00 | 0.00 | 25,561 | 5.67 | 0.48 |
| Banks Total | 235,716 | 261,277 | 21.33 | 1.65 | 25,561 | 5.67 | 0.48 |
| SA Bond FIFB22 | 0 | 9,200,000 | 9.25 | 0.71 | 9,200,000 | 9.26 | 0.79 |
| SA Bond FRBI28 | 0 | 839,369 | 2.04 | 0.16 | 839,369 | 1.98 | 0.17 |
| SA Bond MTN27 | 0 | 21,190,970 | 21.83 | 1.69 | 21,190,970 | 21.76 | 1.86 |
| SA Bond MTN30 | 0 | 17,401,169 | 17.91 | 1.38 | 17,401,169 | 17.80 | 1.52 |
| SA Bond MTN36 | 0 | 8,310,000 | 8.51 | 0.66 | 8,310,000 | 8.52 | 0.73 |
| SA Bond R2037 | 65,926,824 | 65,926,824 | 55.75 | 4.30 | 0 | 0.00 | 0.00 |
| SA Bond R2038 | -198,572,735 | 0 | 0.00 | 0.00 | 198,572,735 | 204.57 | 17.46 |
| SA Bond R2040 | 220,230,000 | 242,872,490 | 204.42 | 15.78 | 22,642,490 | 20.16 | 1.72 |
| SA Bond SLI6 | 0 | 4,885,733 | 5.01 | 0.39 | 4,885,733 | 5.02 | 0.43 |
| SA Bond SNT07 | 0 | 9,400,000 | 9.71 | 0.75 | 9,400,000 | 9.67 | 0.83 |
| Bond Total | 87,584,089 | 380,026,555 | 334.44 | 25.82 | 292,442,466 | 298.75 | 25.50 |
| Cash on call | 0 | 0 | 23.93 | 1.85 | 0 | 12.94 | 1.10 |
| Margin Account | -1,526,410 | 0 | 2.92 | 0.23 | 1,526,410 | 1.54 | 0.13 |
| Cash on call Total | -1,526,410 | 0 | 26.85 | 2.07 | 1,526,410 | 14.48 | 1.24 |
| AECI Ltd. | 41,806 | 41,806 | 4.07 | 0.31 | 0 | 0.00 | 0.00 |
| Omnia Holdings Ltd. | 0 | 246,936 | 16.58 | 1.28 | 246,936 | 19.29 | 1.65 |
| Sasol Ltd. | 11,213 | 104,871 | 8.02 | 0.62 | 93,658 | 7.80 | 0.67 |
| Chemicals Total | 53,019 | 393,613 | 28.67 | 2.21 | 340,594 | 27.08 | 2.31 |
| Astoria Investment Ltd. | 0 | 598,442 | 4.49 | 0.35 | 598,442 | 4.94 | 0.42 |
| EPE Capital Partners Ltd. | 1,372,521 | 2,563,185 | 12.89 | 1.00 | 1,190,664 | 6.42 | 0.55 |
| Closed End Investments Total | 1,372,521 | 3,161,627 | 17.38 | 1.34 | 1,789,106 | 11.35 | 0.97 |
| PPC Ltd. | 0 | 1,769,142 | 8.14 | 0.63 | 1,769,142 | 9.11 | 0.78 |
| Construction and Materials Total | 0 | 1,769,142 | 8.14 | 0.63 | 1,769,142 | 9.11 | 0.78 |
| Curro Holdings Ltd. | 136,058 | 502,581 | 4.22 | 0.33 | 366,523 | 4.78 | 0.41 |
| Consumer Services Total | 136,058 | 502,581 | 4.22 | 0.33 | 366,523 | 4.78 | 0.41 |
| Bond Derivative | 0 | 0 | 0.00 | 0.00 | 0 | 2.46 | 0.21 |
| Derivatives Total | 0 | 0 | 0.00 | 0.00 | 0 | 2.46 | 0.21 |
| Kagiso Global Equity Fund | 0 | 71,281 | 152.81 | 11.80 | 71,281 | 145.04 | 12.38 |
| Equities Total | 0 | 71,281 | 152.81 | 11.80 | 71,281 | 145.04 | 12.38 |
| NewPlat | 94,993 | 302,733 | 52.99 | 4.09 | 207,740 | 34.05 | 2.91 |
| Exchange Traded Funds Total | 94,993 | 302,733 | 52.99 | 4.09 | 207,740 | 34.05 | 2.91 |
| Camissa Global Flexible | 41,041 | 7,976,049 | 36.17 | 2.79 | 7,935,008 | 34.83 | 2.97 |
| Flexible Total | 41,041 | 7,976,049 | 36.17 | 2.79 | 7,935,008 | 34.83 | 2.97 |
| Crookes Brothers Ltd. | 0 | 90,671 | 2.58 | 0.20 | 90,671 | 2.86 | 0.24 |
| Libstar Holdings Ltd. | 0 | 615,061 | 1.97 | 0.15 | 615,061 | 2.68 | 0.23 |
| Oceana Group Ltd. | 0 | 21,146 | 1.23 | 0.09 | 21,146 | 1.43 | 0.12 |
| Sea Harvest Group Ltd. | 131,824 | 617,830 | 4.19 | 0.32 | 486,006 | 4.06 | 0.35 |
| Food Producers Total | 131,824 | 1,344,708 | 9.97 | 0.77 | 1,212,884 | 11.02 | 0.94 |
| USA - Currency | 0 | 0 | 0.11 | 0.01 | 0 | 0.12 | 0.01 |
| For Currency Total | 0 | 0 | 0.11 | 0.01 | 0 | 0.12 | 0.01 |
| USA - Foreign Investments | -6,128 | 0 | 0.00 | 0.00 | 6,128 | 0.12 | 0.01 |
| Foreign Invest Total | -6,128 | 0 | 0.00 | 0.00 | 6,128 | 0.12 | 0.01 |
| Bowler Metcalf Ltd. | 0 | 363,311 | 5.05 | 0.39 | 363,311 | 4.95 | 0.42 |
| KAP Ltd. | 0 | 1,866,995 | 4.72 | 0.36 | 1,866,995 | 5.73 | 0.49 |
| Mondi plc | 0 | 1 | 0.00 | 0.00 | 1 | 0.00 | 0.00 |
| Transpaco Ltd. | 0 | 183,306 | 6.69 | 0.52 | 183,306 | 6.87 | 0.59 |
| General Industrials Total | 0 | 2,413,613 | 16.46 | 1.27 | 2,413,613 | 17.55 | 1.50 |
| Glencore plc | 60,858 | 171,233 | 11.52 | 0.89 | 110,375 | 9.22 | 0.79 |
| Master Drilling Group Ltd. | 0 | 209,019 | 3.07 | 0.24 | 209,019 | 2.84 | 0.24 |
| Industrial Metals and Mining Total | 60,858 | 380,252 | 14.59 | 1.13 | 319,394 | 12.06 | 1.03 |
| Adcorp Holdings Ltd. | 0 | 587,785 | 2.15 | 0.17 | 587,785 | 2.90 | 0.25 |
| Industrial Support Services Total | 0 | 587,785 | 2.15 | 0.17 | 587,785 | 2.90 | 0.25 |
| Camissa Global Equity Feeder - B | 0 | 2,876,838 | 4.61 | 0.36 | 2,876,838 | 4.36 | 0.37 |
| International Total | 0 | 2,876,838 | 4.61 | 0.36 | 2,876,838 | 4.36 | 0.37 |
| Brait plc | 713,255 | 7,403,476 | 14.66 | 1.13 | 6,690,221 | 13.85 | 1.18 |
| Brait plc | 0 | 88,022 | 66.90 | 5.16 | 88,022 | 66.90 | 5.71 |
| Quilter plc | -23,587 | 366,724 | 12.82 | 0.99 | 390,311 | 13.88 | 1.18 |
| Investment Banking and Brokerage Services Total | 689,668 | 7,858,222 | 94.38 | 7.29 | 7,168,554 | 94.63 | 8.08 |
| Caxton and CTP Publishers and Printers Ltd. | 0 | 558,133 | 6.78 | 0.52 | 558,133 | 6.81 | 0.58 |
| Media Total | 0 | 558,133 | 6.78 | 0.52 | 558,133 | 6.81 | 0.58 |
| 0 | 0 | 0.00 | 0.00 | 0 | 86.32 | 7.37 |
| Money Market - 10 months duration | 0 | 0 | 30.45 | 2.35 | 0 | 58.60 | 5.00 |
| Money Market - 11 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 70.34 | 6.01 |
| Money Market - 7 months duration | 0 | 0 | 59.78 | 4.62 | 0 | 0.00 | 0.00 |
| Money Market - 8 months duration | 0 | 0 | 77.01 | 5.95 | 0 | 0.00 | 0.00 |
| Money Market - 9 months duration | 0 | 0 | 82.97 | 6.41 | 0 | 0.00 | 0.00 |
| Money Market Total | 0 | 0 | 250.21 | 19.32 | 0 | 215.25 | 18.38 |
| 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. | -4,511 | 89,885 | 13.33 | 1.03 | 94,396 | 14.91 | 1.27 |
| Oil, Gas and Coal Total | -4,511 | 89,885 | 13.33 | 1.03 | 94,396 | 14.91 | 1.27 |
| The SPAR Group Ltd. | 21,415 | 21,415 | 2.53 | 0.20 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | 21,415 | 21,415 | 2.53 | 0.20 | 0 | 0.00 | 0.00 |
| Northam Platinum Holdings Ltd. | -7,962 | 189,101 | 24.76 | 1.91 | 197,063 | 19.20 | 1.64 |
| Valterra Platinum Ltd. | -4,893 | 34,300 | 25.19 | 1.94 | 39,193 | 22.30 | 1.90 |
| Precious Metals and Mining Total | -12,855 | 223,401 | 49.95 | 3.86 | 236,256 | 41.49 | 3.54 |
| Capitec Bank Holdings Ltd. | 0 | 280 | 0.03 | 0.00 | 280 | 0.03 | 0.00 |
| Discovery Ltd. | 0 | 2,534 | 0.26 | 0.02 | 2,534 | 0.28 | 0.02 |
| Goldrush Holdings Ltd. | 0 | 599,297 | 3.29 | 0.25 | 599,297 | 3.90 | 0.33 |
| Investec Ltd. | 0 | 23 | 0.00 | 0.00 | 23 | 0.00 | 0.00 |
| Preference Shares Total | 0 | 602,134 | 3.58 | 0.28 | 602,134 | 4.20 | 0.36 |
| Delta Property Fund Ltd. | 0 | 1,007,773 | 0.24 | 0.02 | 1,007,773 | 0.19 | 0.02 |
| Dipula Properties Ltd. | 435,724 | 8,956,704 | 46.31 | 3.57 | 8,520,980 | 45.42 | 3.88 |
| Equites Property Fund Ltd. | 0 | 194 | 0.00 | 0.00 | 194 | 0.00 | 0.00 |
| Real Estate Investment Trusts Total | 435,724 | 9,964,671 | 46.55 | 3.59 | 9,528,947 | 45.61 | 3.89 |
| Truworths International Ltd. | 90,488 | 90,488 | 6.51 | 0.50 | 0 | 0.00 | 0.00 |
| Woolworths Holdings Ltd. | 65,611 | 65,611 | 3.35 | 0.26 | 0 | 0.00 | 0.00 |
| Retailers Total | 156,099 | 156,099 | 9.86 | 0.76 | 0 | 0.00 | 0.00 |
| Altron Ltd. | 204,486 | 204,486 | 4.24 | 0.33 | 0 | 0.00 | 0.00 |
| Capital Appreciation Ltd. | 1,959,866 | 1,959,866 | 2.61 | 0.20 | 0 | 0.00 | 0.00 |
| Datatec Ltd. | -37,900 | 325,656 | 18.08 | 1.40 | 363,556 | 18.13 | 1.55 |
| Prosus NV | -13,994 | 42,739 | 35.97 | 2.78 | 56,733 | 42.50 | 3.63 |
| Software and Computer Services Total | 2,112,458 | 2,532,747 | 60.90 | 4.70 | 420,289 | 60.63 | 5.18 |
| MTN Group Ltd. | -278,402 | 25,945 | 3.20 | 0.25 | 304,347 | 28.00 | 2.39 |
| Telecommunications Service Providers Total | -278,402 | 25,945 | 3.20 | 0.25 | 304,347 | 28.00 | 2.39 |
| Famous Brands Ltd. | 36,285 | 237,029 | 13.75 | 1.06 | 200,744 | 13.85 | 1.18 |
| Spur Corporation Ltd. | 33,866 | 106,790 | 3.42 | 0.26 | 72,924 | 2.55 | 0.22 |
| Tsogo Sun Ltd. | 0 | 490,529 | 4.05 | 0.31 | 490,529 | 5.00 | 0.43 |
| Travel and Leisure Total | 70,151 | 834,348 | 21.21 | 1.64 | 764,197 | 21.40 | 1.83 |
| Portfolio Total | 91,367,328 | 425,207,346 | 1,295.30 | 100.00 | 333,840,018 | 1,171.36 | 100.00 |