| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Metair Investments Ltd. | 154,108 | 1,506,750 | 7.38 | 0.31 | 1,352,642 | 6.09 | 0.27 |
| Automobiles and Parts Total | 154,108 | 1,506,750 | 7.38 | 0.31 | 1,352,642 | 6.09 | 0.27 |
| FirstRand Ltd. | -168,228 | 648,341 | 57.53 | 2.44 | 816,569 | 74.10 | 3.23 |
| Investec Ltd. | 135,056 | 393,372 | 50.18 | 2.13 | 258,316 | 31.56 | 1.38 |
| Investec plc | 297 | 142,379 | 18.41 | 0.78 | 142,082 | 17.36 | 0.76 |
| Banks Total | -32,875 | 1,184,092 | 126.12 | 5.35 | 1,216,967 | 123.02 | 5.37 |
| Anheuser-Busch InBev SA/NV | -3,960 | 22,229 | 26.20 | 1.11 | 26,189 | 28.04 | 1.22 |
| Beverages Total | -3,960 | 22,229 | 26.20 | 1.11 | 26,189 | 28.04 | 1.22 |
| Cash on call | 0 | 0 | 26.08 | 1.11 | 0 | 26.03 | 1.14 |
| Cash on call Total | 0 | 0 | 26.08 | 1.11 | 0 | 26.03 | 1.14 |
| AECI Ltd. | -9,576 | 277,111 | 32.03 | 1.36 | 286,687 | 25.61 | 1.12 |
| Omnia Holdings Ltd. | -360,624 | 858,896 | 82.02 | 3.48 | 1,219,520 | 96.10 | 4.19 |
| Chemicals Total | -370,200 | 1,136,007 | 114.05 | 4.84 | 1,506,207 | 121.71 | 5.31 |
| EPE Capital Partners Ltd. | -954,007 | 1,491,747 | 10.16 | 0.43 | 2,445,754 | 17.12 | 0.75 |
| Closed End Investments Total | -954,007 | 1,491,747 | 10.16 | 0.43 | 2,445,754 | 17.12 | 0.75 |
| PPC Ltd. | 397,692 | 11,060,035 | 65.70 | 2.79 | 10,662,343 | 59.60 | 2.60 |
| Wilson Bayly Holmes - Ovcon Ltd. | 16,418 | 16,418 | 2.55 | 0.11 | 0 | 0.00 | 0.00 |
| Construction and Materials Total | 414,110 | 11,076,453 | 68.24 | 2.90 | 10,662,343 | 59.60 | 2.60 |
| Curro Holdings Ltd. | -2,608,477 | 0 | 0.00 | 0.00 | 2,608,477 | 37.41 | 1.63 |
| Consumer Services Total | -2,608,477 | 0 | 0.00 | 0.00 | 2,608,477 | 37.41 | 1.63 |
| Channel VAS Investments Ltd. | 367,408 | 1,567,721 | 30.74 | 1.31 | 1,200,313 | 24.57 | 1.07 |
| Finance and Credit Services Total | 367,408 | 1,567,721 | 30.74 | 1.31 | 1,200,313 | 24.57 | 1.07 |
| Crookes Brothers Ltd. | 11,192 | 104,061 | 1.85 | 0.08 | 92,869 | 2.25 | 0.10 |
| Libstar Holdings Ltd. | 139,301 | 3,819,928 | 16.81 | 0.71 | 3,680,627 | 17.41 | 0.76 |
| Oceana Group Ltd. | 7,886 | 127,872 | 6.78 | 0.29 | 119,986 | 6.69 | 0.29 |
| Sea Harvest Group Ltd. | 53,728 | 2,979,681 | 26.82 | 1.14 | 2,925,953 | 27.77 | 1.21 |
| Food Producers Total | 212,107 | 7,031,542 | 52.25 | 2.22 | 6,819,435 | 54.12 | 2.36 |
| Bowler Metcalf Ltd. | 8,739 | 655,914 | 9.43 | 0.40 | 647,175 | 9.05 | 0.40 |
| KAP Ltd. | 1,853,720 | 10,135,405 | 20.68 | 0.88 | 8,281,685 | 15.90 | 0.69 |
| Mondi plc | 311,351 | 682,485 | 131.43 | 5.58 | 371,134 | 75.56 | 3.30 |
| Mpact Ltd. | 163,169 | 441,808 | 9.83 | 0.42 | 278,639 | 6.27 | 0.27 |
| Transpaco Ltd. | 9,405 | 246,212 | 9.87 | 0.42 | 236,807 | 9.00 | 0.39 |
| General Industrials Total | 2,346,384 | 12,161,824 | 181.23 | 7.69 | 9,815,440 | 115.79 | 5.05 |
| African Rainbow Minerals Ltd. | 111,876 | 145,480 | 33.59 | 1.43 | 33,604 | 6.68 | 0.29 |
| Glencore plc | -1,057,997 | 271,860 | 34.80 | 1.48 | 1,329,857 | 121.22 | 5.29 |
| Kumba Iron Ore Ltd. | 24,541 | 58,008 | 18.52 | 0.79 | 33,467 | 11.75 | 0.51 |
| Master Drilling Group Ltd. | 460,901 | 1,342,844 | 23.85 | 1.01 | 881,943 | 14.11 | 0.62 |
| Industrial Metals and Mining Total | -460,679 | 1,818,192 | 110.76 | 4.70 | 2,278,871 | 153.76 | 6.71 |
| Adcorp Holdings Ltd. | 61,896 | 1,486,430 | 8.55 | 0.36 | 1,424,534 | 8.78 | 0.38 |
| Industrial Support Services Total | 61,896 | 1,486,430 | 8.55 | 0.36 | 1,424,534 | 8.78 | 0.38 |
| Brait plc | 3,361,984 | 40,894,755 | 88.33 | 3.75 | 37,532,771 | 83.70 | 3.65 |
| Quilter plc | 84,035 | 2,037,533 | 80.40 | 3.41 | 1,953,498 | 79.21 | 3.46 |
| Investment Banking and Brokerage Services Total | 3,446,019 | 42,932,288 | 168.73 | 7.16 | 39,486,269 | 162.91 | 7.11 |
| Sanlam Ltd. | 217,419 | 217,419 | 19.35 | 0.82 | 0 | 0.00 | 0.00 |
| Life Insurance Total | 217,419 | 217,419 | 19.35 | 0.82 | 0 | 0.00 | 0.00 |
| Exxaro Resources Ltd. | -119,266 | 570,210 | 128.08 | 5.44 | 689,476 | 123.42 | 5.39 |
| Oil, Gas and Coal Total | -119,266 | 570,210 | 128.08 | 5.44 | 689,476 | 123.42 | 5.39 |
| Brimstone Investment Corporation Ltd. | 0 | 37 | 0.00 | 0.00 | 37 | 0.00 | 0.00 |
| Brimstone Investment Corporation Ltd. | 775,369 | 1,433,797 | 7.67 | 0.33 | 658,428 | 3.48 | 0.15 |
| Open End and Miscellaneous Investment Vehicles Total | 775,369 | 1,433,834 | 7.67 | 0.33 | 658,465 | 3.48 | 0.15 |
| Bid Corporation Ltd. | 6,738 | 6,738 | 2.75 | 0.12 | 0 | 0.00 | 0.00 |
| Shoprite Holdings Ltd. | 35,612 | 56,048 | 15.46 | 0.66 | 20,436 | 5.52 | 0.24 |
| The SPAR Group Ltd. | 285,070 | 436,639 | 27.40 | 1.16 | 151,569 | 14.47 | 0.63 |
| Personal Care, Drug and Grocery Stores Total | 327,420 | 499,425 | 45.60 | 1.94 | 172,005 | 20.00 | 0.87 |
| Compagnie Financière Richemont SA | 0 | 3 | 0.01 | 0.00 | 3 | 0.01 | 0.00 |
| Personal Goods Total | 0 | 3 | 0.01 | 0.00 | 3 | 0.01 | 0.00 |
| Aspen Pharmacare Holdings Ltd. | -136,373 | 0 | 0.00 | 0.00 | 136,373 | 15.93 | 0.70 |
| Pharmaceuticals and Biotechnology Total | -136,373 | 0 | 0.00 | 0.00 | 136,373 | 15.93 | 0.70 |
| Northam Platinum Holdings Ltd. | 4,430 | 220,320 | 74.94 | 3.18 | 215,890 | 72.78 | 3.18 |
| Valterra Platinum Ltd. | -1,166 | 174,106 | 243.92 | 10.36 | 175,272 | 247.06 | 10.78 |
| Precious Metals and Mining Total | 3,264 | 394,426 | 318.86 | 13.54 | 391,162 | 319.84 | 13.96 |
| Goldrush Holdings Ltd. | 20,649 | 657,574 | 4.07 | 0.17 | 636,925 | 4.45 | 0.19 |
| Preference Shares Total | 20,649 | 657,574 | 4.07 | 0.17 | 636,925 | 4.45 | 0.19 |
| NEPI Rockcastle NV | 30,294 | 30,294 | 4.11 | 0.17 | 0 | 0.00 | 0.00 |
| Real Estate Investment and Services Total | 30,294 | 30,294 | 4.11 | 0.17 | 0 | 0.00 | 0.00 |
| Delta Property Fund Ltd. | 0 | 481,923 | 0.15 | 0.01 | 481,923 | 0.19 | 0.01 |
| Dipula Properties Ltd. | -2,426,136 | 1,484,914 | 9.80 | 0.42 | 3,911,050 | 26.36 | 1.15 |
| Real Estate Investment Trusts Total | -2,426,136 | 1,966,837 | 9.95 | 0.42 | 4,392,973 | 26.55 | 1.16 |
| Mr Price Group Ltd. | 35,739 | 112,253 | 17.22 | 0.73 | 76,514 | 13.39 | 0.58 |
| The Foschini Group Ltd. | 446,835 | 920,449 | 64.96 | 2.76 | 473,614 | 40.36 | 1.76 |
| Truworths International Ltd. | 139,741 | 613,813 | 31.72 | 1.35 | 474,072 | 26.99 | 1.18 |
| Woolworths Holdings Ltd. | 102,840 | 600,836 | 30.47 | 1.29 | 497,996 | 27.89 | 1.22 |
| Retailers Total | 725,155 | 2,247,351 | 144.36 | 6.13 | 1,522,196 | 108.63 | 4.74 |
| Altron Ltd. | 279,694 | 1,181,516 | 23.49 | 1.00 | 901,822 | 17.94 | 0.78 |
| Araxi Ltd. | 117,729 | 5,425,958 | 9.06 | 0.38 | 5,308,229 | 10.06 | 0.44 |
| Bytes Technology Group plc | 878,753 | 1,922,647 | 120.11 | 5.10 | 1,043,894 | 85.05 | 3.71 |
| Datatec Ltd. | 265,406 | 1,272,979 | 89.16 | 3.79 | 1,007,573 | 79.65 | 3.48 |
| Naspers Ltd. | 59,761 | 178,277 | 153.67 | 6.52 | 118,516 | 130.90 | 5.71 |
| Prosus NV | 69,662 | 216,090 | 166.10 | 7.05 | 146,428 | 149.87 | 6.54 |
| Software and Computer Services Total | 1,671,005 | 10,197,467 | 561.58 | 23.84 | 8,526,462 | 473.47 | 20.66 |
| MTN Group Ltd. | -542,059 | 347,424 | 67.90 | 2.88 | 889,483 | 150.77 | 6.58 |
| Telecommunications Service Providers Total | -542,059 | 347,424 | 67.90 | 2.88 | 889,483 | 150.77 | 6.58 |
| Famous Brands Ltd. | 66,642 | 1,238,608 | 62.49 | 2.65 | 1,171,966 | 62.68 | 2.74 |
| Spur Corporation Ltd. | 48,347 | 765,498 | 29.85 | 1.27 | 717,151 | 27.44 | 1.20 |
| Tsogo Sun Ltd. | 791,309 | 3,065,422 | 21.12 | 0.90 | 2,274,113 | 15.92 | 0.69 |
| Travel and Leisure Total | 906,298 | 5,069,528 | 113.46 | 4.82 | 4,163,230 | 106.03 | 4.63 |
| Portfolio Total | 4,024,873 | 107,047,067 | 2,355.50 | 100.00 | 103,022,194 | 2,291.49 | 100.00 |