| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -26,569 | 1,452,611 | 255.46 | 5.55 | 1,479,180 | 260.93 | 5.60 |
| Capitec Bank Holdings Ltd. | 6,337 | 12,209 | 43.39 | 0.94 | 5,872 | 18.09 | 0.39 |
| FirstRand Ltd. | -413,661 | 5,376,226 | 409.96 | 8.90 | 5,789,887 | 416.41 | 8.94 |
| Nedbank Group Ltd. | -27,139 | 550,462 | 134.46 | 2.92 | 577,601 | 147.99 | 3.18 |
| Standard Bank Group Ltd. | -258,466 | 315,406 | 71.85 | 1.56 | 573,872 | 137.83 | 2.96 |
| Banks Total | -719,498 | 7,706,914 | 915.11 | 19.86 | 8,426,412 | 981.25 | 21.08 |
| Anheuser-Busch InBev SA/NV | -30,169 | 163,710 | 199.65 | 4.33 | 193,879 | 219.12 | 4.71 |
| Beverages Total | -30,169 | 163,710 | 199.65 | 4.33 | 193,879 | 219.12 | 4.71 |
| Cash on call | 0 | 0 | 23.09 | 0.50 | 0 | -11.56 | -0.25 |
| Margin Account | 0 | 0 | 0.02 | 0.00 | 0 | 0.00 | 0.00 |
| Cash on call Total | 0 | 0 | 23.11 | 0.50 | 0 | -11.56 | -0.25 |
| Sasol Ltd. | -665,986 | 305,360 | 24.55 | 0.53 | 971,346 | 74.10 | 1.59 |
| Chemicals Total | -665,986 | 305,360 | 24.55 | 0.53 | 971,346 | 74.10 | 1.59 |
| USA - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| For Currency Total | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Mondi plc | -46,181 | 398,707 | 116.02 | 2.52 | 444,888 | 121.11 | 2.60 |
| The Bidvest Group Ltd. | -36,035 | 465,741 | 109.54 | 2.38 | 501,776 | 118.10 | 2.54 |
| General Industrials Total | -82,216 | 864,448 | 225.56 | 4.90 | 946,664 | 239.21 | 5.14 |
| Anglo American plc | -84,565 | 335,328 | 174.82 | 3.80 | 419,893 | 216.52 | 4.65 |
| BHP Group Ltd. | -34,608 | 82,335 | 35.05 | 0.76 | 116,943 | 51.13 | 1.10 |
| Glencore plc | 559,987 | 1,096,182 | 76.14 | 1.65 | 536,195 | 35.88 | 0.77 |
| Industrial Metals and Mining Total | 440,814 | 1,513,845 | 286.01 | 6.21 | 1,073,031 | 303.53 | 6.52 |
| Hudaco Industries Ltd. | 0 | 145,182 | 28.37 | 0.62 | 145,182 | 27.51 | 0.59 |
| Industrial Support Services Total | 0 | 145,182 | 28.37 | 0.62 | 145,182 | 27.51 | 0.59 |
| Remgro Ltd. | -164,760 | 997,928 | 157.17 | 3.41 | 1,162,688 | 180.95 | 3.89 |
| Investment Banking and Brokerage Services Total | -164,760 | 997,928 | 157.17 | 3.41 | 1,162,688 | 180.95 | 3.89 |
| Discovery Ltd. | 132,079 | 290,983 | 62.72 | 1.36 | 158,904 | 31.64 | 0.68 |
| Momentum Group Ltd. | -1,924,891 | 2,045,956 | 70.40 | 1.53 | 3,970,847 | 125.76 | 2.70 |
| Sanlam Ltd. | -104,042 | 1,752,963 | 155.79 | 3.38 | 1,857,005 | 155.02 | 3.33 |
| Life Insurance Total | -1,896,854 | 4,089,902 | 288.90 | 6.27 | 5,986,756 | 312.42 | 6.71 |
| Bid Corporation Ltd. | -22,421 | 346,203 | 163.47 | 3.55 | 368,624 | 162.14 | 3.48 |
| Personal Care, Drug and Grocery Stores Total | -22,421 | 346,203 | 163.47 | 3.55 | 368,624 | 162.14 | 3.48 |
| Compagnie Financière Richemont SA | -2,096 | 12,116 | 40.40 | 0.88 | 14,212 | 45.39 | 0.98 |
| Personal Goods Total | -2,096 | 12,116 | 40.40 | 0.88 | 14,212 | 45.39 | 0.98 |
| AngloGold Ashanti plc | -57,397 | 408,576 | 326.35 | 7.08 | 465,973 | 325.22 | 6.99 |
| Gold Fields Ltd. | 18,856 | 451,746 | 187.93 | 4.08 | 432,890 | 180.45 | 3.88 |
| Impala Platinum Holdings Ltd. | -140,273 | 1,176,579 | 187.63 | 4.07 | 1,316,852 | 167.48 | 3.60 |
| Northam Platinum Holdings Ltd. | -63,891 | 463,974 | 89.79 | 1.95 | 527,865 | 70.58 | 1.52 |
| Valterra Platinum Ltd. | 41,070 | 41,070 | 32.54 | 0.71 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | -201,635 | 2,541,945 | 824.23 | 17.89 | 2,743,580 | 743.73 | 15.98 |
| NEPI Rockcastle NV | -5,817 | 119,998 | 16.26 | 0.35 | 125,815 | 16.66 | 0.36 |
| Real Estate Investment and Services Total | -5,817 | 119,998 | 16.26 | 0.35 | 125,815 | 16.66 | 0.36 |
| Growthpoint Properties Ltd. | -2,051,257 | 8,246,402 | 109.76 | 2.38 | 10,297,659 | 133.35 | 2.86 |
| Real Estate Investment Trusts Total | -2,051,257 | 8,246,402 | 109.76 | 2.38 | 10,297,659 | 133.35 | 2.86 |
| Motus Holdings Ltd. | -47,073 | 785,452 | 74.20 | 1.61 | 832,525 | 72.35 | 1.55 |
| Mr Price Group Ltd. | 165,827 | 269,847 | 59.86 | 1.30 | 104,020 | 23.04 | 0.49 |
| The Foschini Group Ltd. | -37,626 | 833,233 | 107.35 | 2.33 | 870,859 | 107.42 | 2.31 |
| Woolworths Holdings Ltd. | -127,269 | 2,115,793 | 109.96 | 2.39 | 2,243,062 | 116.12 | 2.49 |
| Retailers Total | -46,141 | 4,004,325 | 351.37 | 7.63 | 4,050,466 | 318.94 | 6.85 |
| Naspers Ltd. | -11,980 | 56,371 | 312.60 | 6.79 | 68,351 | 310.47 | 6.67 |
| Prosus NV | -32,336 | 444,980 | 441.04 | 9.57 | 477,316 | 401.79 | 8.63 |
| Software and Computer Services Total | -44,316 | 501,351 | 753.65 | 16.36 | 545,667 | 712.25 | 15.30 |
| MTN Group Ltd. | -26,026 | 408,684 | 57.67 | 1.25 | 434,710 | 53.88 | 1.16 |
| Telkom SA SOC Ltd. | 0 | 5 | 0.00 | 0.00 | 5 | 0.00 | 0.00 |
| Telecommunications Service Providers Total | -26,026 | 408,689 | 57.67 | 1.25 | 434,715 | 53.88 | 1.16 |
| British American Tobacco plc | -21,091 | 165,515 | 141.47 | 3.07 | 186,606 | 142.60 | 3.06 |
| Tobacco Total | -21,091 | 165,515 | 141.47 | 3.07 | 186,606 | 142.60 | 3.06 |
| Portfolio Total | -5,539,469 | 32,133,833 | 4,606.72 | 100.00 | 37,673,302 | 4,655.46 | 100.00 |