| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Bayerische Motoren Werke AG | 0 | 80,000 | 138.34 | 1.71 | 80,000 | 125.92 | 1.62 |
| Auto Total | 0 | 80,000 | 138.34 | 1.71 | 80,000 | 125.92 | 1.62 |
| Absa Group Ltd. | 0 | 2,255,000 | 408.02 | 5.05 | 2,255,000 | 396.20 | 5.09 |
| FirstRand Ltd. | 1,150,000 | 6,900,000 | 537.10 | 6.65 | 5,750,000 | 438.27 | 5.63 |
| Sberbank | 0 | 0 | 17.00 | 0.21 | 0 | 18.43 | 0.24 |
| Banks Total | 1,150,000 | 9,155,000 | 962.11 | 11.92 | 8,005,000 | 852.90 | 10.96 |
| SA Bond R2030 | 0 | 73,000,000 | 74.25 | 0.92 | 73,000,000 | 74.24 | 0.95 |
| SA Bond R2032 | 0 | 233,929,481 | 230.94 | 2.86 | 233,929,481 | 228.24 | 2.93 |
| SA Bond R2035 | 0 | 393,400,000 | 389.72 | 4.83 | 393,400,000 | 379.21 | 4.87 |
| SA Bond R2037 | 0 | 127,500,000 | 119.37 | 1.48 | 127,500,000 | 115.48 | 1.48 |
| Bond Total | 0 | 827,829,481 | 814.28 | 10.08 | 827,829,481 | 797.18 | 10.25 |
| Fidelity Institutional Liquidity Fund (EUR) | 147 | 148 | 44.55 | 0.55 | 1 | 0.29 | 0.00 |
| Fidelity Institutional Liquidity Fund (GBP) | 159 | 159 | 89.63 | 1.11 | 0 | 0.27 | 0.00 |
| Fidelity Institutional Liquidity Fund (USD) | 262 | 264 | 96.31 | 1.19 | 2 | 0.62 | 0.01 |
| Cash Total | 568 | 571 | 230.49 | 2.85 | 3 | 1.18 | 0.02 |
| Cash on call | 0 | 0 | 89.26 | 1.11 | 0 | 115.17 | 1.48 |
| Cash on call Total | 0 | 0 | 89.26 | 1.11 | 0 | 115.17 | 1.48 |
| Sasol Ltd. | -600,000 | 900,000 | 96.66 | 1.20 | 1,500,000 | 120.50 | 1.55 |
| Chemicals Total | -600,000 | 900,000 | 96.66 | 1.20 | 1,500,000 | 120.50 | 1.55 |
| PPC Ltd. | 805,000 | 33,780,986 | 182.42 | 2.26 | 32,975,986 | 171.15 | 2.20 |
| Wilson Bayly Holmes - Ovcon Ltd. | -104,600 | 590,689 | 88.59 | 1.10 | 695,289 | 128.05 | 1.65 |
| Construction and Materials Total | 700,400 | 34,371,675 | 271.01 | 3.36 | 33,671,275 | 299.20 | 3.85 |
| ADvTECH Ltd. | 758,333 | 781,292 | 24.66 | 0.31 | 22,959 | 0.75 | 0.01 |
| Trip.com Group Ltd | 0 | 155,000 | 203.96 | 2.53 | 155,000 | 161.68 | 2.08 |
| Consumer Services Total | 758,333 | 936,292 | 228.62 | 2.83 | 177,959 | 162.43 | 2.09 |
| Flutter Entertainment | -29,000 | 24,400 | 118.66 | 1.47 | 53,400 | 266.51 | 3.43 |
| Koninklijke Philips N.V. | 0 | 442,981 | 206.79 | 2.56 | 442,981 | 189.86 | 2.44 |
| Cyclical Goods & Services Total | -29,000 | 467,381 | 325.45 | 4.03 | 496,381 | 456.37 | 5.87 |
| EXOR S.p.A | 21,000 | 226,989 | 383.59 | 4.75 | 205,989 | 366.58 | 4.71 |
| Financial Services Total | 21,000 | 226,989 | 383.59 | 4.75 | 205,989 | 366.58 | 4.71 |
| Associated British Foods | 50,000 | 430,000 | 204.52 | 2.53 | 380,000 | 192.49 | 2.47 |
| Food & Beverage Total | 50,000 | 430,000 | 204.52 | 2.53 | 380,000 | 192.49 | 2.47 |
| European - Currency | 0 | 0 | 0.05 | 0.00 | 0 | 3.64 | 0.05 |
| Hong Kong - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| United Kingdom - Currency | 0 | 0 | 0.07 | 0.00 | 0 | 0.13 | 0.00 |
| USA - Currency | 0 | 0 | 0.35 | 0.00 | 0 | 1.21 | 0.02 |
| For Currency Total | 0 | 0 | 0.47 | 0.01 | 0 | 4.98 | 0.06 |
| Foreign - Equities | 119,000 | 119,000 | 299.79 | 3.71 | 0 | 258.14 | 3.32 |
| Foreign Invest Total | 119,000 | 119,000 | 299.79 | 3.71 | 0 | 258.14 | 3.32 |
| Centaur BCI SA Equity - A1 | 1,130,016 | 60,304,017 | 81.23 | 1.01 | 59,174,001 | 76.34 | 0.98 |
| Equity | 4,758,570 | 4,758,570 | 0.05 | 0.00 | 0 | 0.05 | 0.00 |
| General Equity Total | 5,888,586 | 65,062,587 | 81.28 | 1.01 | 59,174,001 | 76.39 | 0.98 |
| Stellantis N.V. | 0 | 450,000 | 71.82 | 0.89 | 450,000 | 81.22 | 1.04 |
| Goods & Services Total | 0 | 450,000 | 71.82 | 0.89 | 450,000 | 81.22 | 1.04 |
| Netcare Ltd. | 0 | 15,000,000 | 214.65 | 2.66 | 15,000,000 | 209.55 | 2.69 |
| Health Care Providers Total | 0 | 15,000,000 | 214.65 | 2.66 | 15,000,000 | 209.55 | 2.69 |
| Fairtree BCI Income Plus - F | -28,515,844 | 126,220,965 | 162.84 | 2.02 | 154,736,809 | 197.38 | 2.54 |
| Income Total | -28,515,844 | 126,220,965 | 162.84 | 2.02 | 154,736,809 | 197.38 | 2.54 |
| African Rainbow Minerals Ltd. | 0 | 1,394,068 | 258.50 | 3.20 | 1,394,068 | 239.88 | 3.08 |
| BHP Group Ltd. | 0 | 37,900 | 18.13 | 0.22 | 37,900 | 16.13 | 0.21 |
| Industrial Metals and Mining Total | 0 | 1,431,968 | 276.63 | 3.43 | 1,431,968 | 256.01 | 3.29 |
| JSE Ltd. | 0 | 689,460 | 88.06 | 1.09 | 689,460 | 91.88 | 1.18 |
| Remgro Ltd. | -247,891 | 934,109 | 157.74 | 1.95 | 1,182,000 | 186.15 | 2.39 |
| Investment Banking and Brokerage Services Total | -247,891 | 1,623,569 | 245.80 | 3.04 | 1,871,460 | 278.03 | 3.57 |
| Momentum Group Ltd. | 1,483,000 | 8,900,000 | 292.90 | 3.63 | 7,417,000 | 254.92 | 3.28 |
| Old Mutual Ltd. | -86,586 | 16,013,414 | 213.14 | 2.64 | 16,100,000 | 193.20 | 2.48 |
| Life Insurance Total | 1,396,414 | 24,913,414 | 506.04 | 6.27 | 23,517,000 | 448.12 | 5.76 |
| eMedia Holdings Ltd. | 391,952 | 4,158,166 | 7.24 | 0.09 | 3,766,214 | 9.42 | 0.12 |
| Media Total | 391,952 | 4,158,166 | 7.24 | 0.09 | 3,766,214 | 9.42 | 0.12 |
| Money Market - 3 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 74.54 | 0.96 |
| Allan Gray Money Market - A | -16,588,996 | 10,945,705 | 10.98 | 0.14 | 27,534,701 | 27.72 | 0.36 |
| Coronation Money Market - P | -16,597,583 | 11,205,839 | 11.24 | 0.14 | 27,803,422 | 27.98 | 0.36 |
| Momentum Money Market - C1 | -16,593,883 | 10,861,084 | 10.89 | 0.13 | 27,454,967 | 27.64 | 0.36 |
| Ninety One Money Market - B | -16,596,017 | 10,884,293 | 10.92 | 0.14 | 27,480,310 | 27.66 | 0.36 |
| Money Market Total | -66,376,479 | 43,896,921 | 44.03 | 0.55 | 110,273,400 | 185.54 | 2.38 |
| OUTsurance Group Ltd. | 449,885 | 2,550,000 | 182.17 | 2.26 | 2,100,115 | 164.52 | 2.11 |
| Non-life Insurance Total | 449,885 | 2,550,000 | 182.17 | 2.26 | 2,100,115 | 164.52 | 2.11 |
| Bid Corporation Ltd. | 40,000 | 445,000 | 192.24 | 2.38 | 405,000 | 191.24 | 2.46 |
| Personal Care, Drug and Grocery Stores Total | 40,000 | 445,000 | 192.24 | 2.38 | 405,000 | 191.24 | 2.46 |
| Compagnie Financière Richemont SA | 0 | 29,167 | 95.37 | 1.18 | 29,167 | 97.18 | 1.25 |
| Personal Goods Total | 0 | 29,167 | 95.37 | 1.18 | 29,167 | 97.18 | 1.25 |
| Adcock Ingram Holdings Ltd. | 0 | 401,794 | 28.93 | 0.36 | 401,794 | 20.44 | 0.26 |
| Aspen Pharmacare Holdings Ltd. | 330,000 | 2,260,000 | 216.96 | 2.69 | 1,930,000 | 230.75 | 2.97 |
| Pharmaceuticals and Biotechnology Total | 330,000 | 2,661,794 | 245.89 | 3.05 | 2,331,794 | 251.19 | 3.23 |
| Valterra Platinum Ltd. | 83,800 | 197,800 | 238.94 | 2.96 | 114,000 | 90.22 | 1.16 |
| Precious Metals and Mining Total | 83,800 | 197,800 | 238.94 | 2.96 | 114,000 | 90.22 | 1.16 |
| Absa Bank Ltd. | -24,535 | 0 | 0.00 | 0.00 | 24,535 | 23.31 | 0.30 |
| Standard Bank Group Ltd. | 0 | 357,310 | 33.77 | 0.42 | 357,310 | 35.30 | 0.45 |
| Preference Shares Total | -24,535 | 357,310 | 33.77 | 0.42 | 381,845 | 58.61 | 0.75 |
| Truworths International Ltd. | 100,000 | 3,750,000 | 204.75 | 2.54 | 3,650,000 | 259.99 | 3.34 |
| Retailers Total | 100,000 | 3,750,000 | 204.75 | 2.54 | 3,650,000 | 259.99 | 3.34 |
| Prosus NV | 0 | 586,301 | 718.08 | 8.89 | 586,301 | 580.64 | 7.46 |
| Software and Computer Services Total | 0 | 586,301 | 718.08 | 8.89 | 586,301 | 580.64 | 7.46 |
| Adobe Systems | -9,000 | 0 | 0.00 | 0.00 | 9,000 | 61.74 | 0.79 |
| Delivery Hero | -81,500 | 320,000 | 158.92 | 1.97 | 401,500 | 193.66 | 2.49 |
| Dell Technologies Inc | 0 | 105,000 | 242.98 | 3.01 | 105,000 | 231.47 | 2.97 |
| Microsoft Corporation | 0 | 12,000 | 106.72 | 1.32 | 12,000 | 105.81 | 1.36 |
| Technology Total | -90,500 | 437,000 | 508.63 | 6.30 | 527,500 | 592.67 | 7.62 |
| Portfolio Total | -84,404,311 | 1,168,288,351 | 8,074.74 | 100.00 | 1,252,692,662 | 7,780.93 | 100.00 |