| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Bayerische Motoren Werke AG | 0 | 80,000 | 144.87 | 1.70 | 80,000 | 138.34 | 1.71 |
| Auto Total | 0 | 80,000 | 144.87 | 1.70 | 80,000 | 138.34 | 1.71 |
| Absa Group Ltd. | 275,000 | 2,530,000 | 605.58 | 7.12 | 2,255,000 | 408.02 | 5.05 |
| FirstRand Ltd. | 0 | 6,900,000 | 626.18 | 7.36 | 6,900,000 | 537.10 | 6.65 |
| Nu Holdings Ltd | 240,000 | 240,000 | 67.00 | 0.79 | 0 | 0.00 | 0.00 |
| Sberbank | 0 | 0 | 16.47 | 0.19 | 0 | 17.00 | 0.21 |
| Banks Total | 515,000 | 9,670,000 | 1,315.22 | 15.47 | 9,155,000 | 962.11 | 11.92 |
| SA Bond R2030 | 0 | 73,000,000 | 77.12 | 0.91 | 73,000,000 | 74.25 | 0.92 |
| SA Bond R2032 | 0 | 233,929,481 | 244.98 | 2.88 | 233,929,481 | 230.94 | 2.86 |
| SA Bond R2035 | 0 | 393,400,000 | 422.19 | 4.97 | 393,400,000 | 389.72 | 4.83 |
| SA Bond R2037 | 0 | 127,500,000 | 131.34 | 1.54 | 127,500,000 | 119.37 | 1.48 |
| Bond Total | 0 | 827,829,481 | 875.63 | 10.30 | 827,829,481 | 814.28 | 10.08 |
| Fidelity Institutional Liquidity Fund (EUR) | 185 | 333 | 96.83 | 1.14 | 148 | 44.55 | 0.55 |
| Fidelity Institutional Liquidity Fund (GBP) | -158 | 1 | 0.52 | 0.01 | 159 | 89.63 | 1.11 |
| Fidelity Institutional Liquidity Fund (USD) | -239 | 25 | 8.95 | 0.11 | 264 | 96.31 | 1.19 |
| Cash Total | -212 | 359 | 106.30 | 1.25 | 571 | 230.49 | 2.85 |
| Cash on call | 0 | 0 | 197.96 | 2.33 | 0 | 89.26 | 1.11 |
| Cash on call Total | 0 | 0 | 197.96 | 2.33 | 0 | 89.26 | 1.11 |
| Sasol Ltd. | -900,000 | 0 | 0.00 | 0.00 | 900,000 | 96.66 | 1.20 |
| Chemicals Total | -900,000 | 0 | 0.00 | 0.00 | 900,000 | 96.66 | 1.20 |
| PPC Ltd. | 495,859 | 34,276,845 | 191.61 | 2.25 | 33,780,986 | 182.42 | 2.26 |
| Wilson Bayly Holmes - Ovcon Ltd. | 59,311 | 650,000 | 108.61 | 1.28 | 590,689 | 88.59 | 1.10 |
| Construction and Materials Total | 555,170 | 34,926,845 | 300.22 | 3.53 | 34,371,675 | 271.01 | 3.36 |
| ADvTECH Ltd. | 33,235 | 814,527 | 30.32 | 0.36 | 781,292 | 24.66 | 0.31 |
| Trip.com Group Ltd | 20,000 | 175,000 | 209.31 | 2.46 | 155,000 | 203.96 | 2.53 |
| Consumer Services Total | 53,235 | 989,527 | 239.63 | 2.82 | 936,292 | 228.62 | 2.83 |
| Flutter Entertainment | 0 | 24,400 | 87.66 | 1.03 | 24,400 | 118.66 | 1.47 |
| Koninklijke Philips N.V. | 0 | 442,981 | 199.73 | 2.35 | 442,981 | 206.79 | 2.56 |
| Cyclical Goods & Services Total | 0 | 467,381 | 287.39 | 3.38 | 467,381 | 325.45 | 4.03 |
| EXOR S.p.A | -10,000 | 216,989 | 305.66 | 3.59 | 226,989 | 383.59 | 4.75 |
| Financial Services Total | -10,000 | 216,989 | 305.66 | 3.59 | 226,989 | 383.59 | 4.75 |
| Associated British Foods | 0 | 430,000 | 207.77 | 2.44 | 430,000 | 204.52 | 2.53 |
| Food & Beverage Total | 0 | 430,000 | 207.77 | 2.44 | 430,000 | 204.52 | 2.53 |
| European - Currency | 0 | 0 | 0.10 | 0.00 | 0 | 0.05 | 0.00 |
| Hong Kong - Currency | 0 | 0 | 0.19 | 0.00 | 0 | 0.00 | 0.00 |
| United Kingdom - Currency | 0 | 0 | 0.07 | 0.00 | 0 | 0.07 | 0.00 |
| USA - Currency | 0 | 0 | 1.06 | 0.01 | 0 | 0.35 | 0.00 |
| For Currency Total | 0 | 0 | 1.42 | 0.02 | 0 | 0.47 | 0.01 |
| Foreign - Equities | 0 | 0 | 496.55 | 5.84 | 0 | 299.79 | 3.71 |
| Foreign Invest Total | 0 | 0 | 496.55 | 5.84 | 0 | 299.79 | 3.71 |
| Centaur BCI SA Equity - A1 | 0 | 60,304,017 | 90.37 | 1.06 | 60,304,017 | 81.23 | 1.01 |
| Equity | 4,758,570 | 4,758,570 | 0.05 | 0.00 | 0 | 0.05 | 0.00 |
| General Equity Total | 4,758,570 | 65,062,587 | 90.41 | 1.06 | 60,304,017 | 81.28 | 1.01 |
| Stellantis N.V. | -450,000 | 0 | 0.00 | 0.00 | 450,000 | 71.82 | 0.89 |
| Goods & Services Total | -450,000 | 0 | 0.00 | 0.00 | 450,000 | 71.82 | 0.89 |
| Netcare Ltd. | 0 | 15,000,000 | 237.45 | 2.79 | 15,000,000 | 214.65 | 2.66 |
| Health Care Providers Total | 0 | 15,000,000 | 237.45 | 2.79 | 15,000,000 | 214.65 | 2.66 |
| Fairtree BCI Income Plus - F | -24,840,044 | 101,380,921 | 131.35 | 1.54 | 126,220,965 | 162.84 | 2.02 |
| Income Total | -24,840,044 | 101,380,921 | 131.35 | 1.54 | 126,220,965 | 162.84 | 2.02 |
| African Rainbow Minerals Ltd. | -150,068 | 1,244,000 | 247.43 | 2.91 | 1,394,068 | 258.50 | 3.20 |
| Anglo American plc | 155,000 | 155,000 | 106.19 | 1.25 | 0 | 0.00 | 0.00 |
| BHP Group Ltd. | -37,900 | 0 | 0.00 | 0.00 | 37,900 | 18.13 | 0.22 |
| Industrial Metals and Mining Total | -32,968 | 1,399,000 | 353.62 | 4.16 | 1,431,968 | 276.63 | 3.43 |
| JSE Ltd. | 0 | 689,460 | 98.89 | 1.16 | 689,460 | 88.06 | 1.09 |
| Remgro Ltd. | 455,891 | 1,390,000 | 252.44 | 2.97 | 934,109 | 157.74 | 1.95 |
| Investment Banking and Brokerage Services Total | 455,891 | 2,079,460 | 351.33 | 4.13 | 1,623,569 | 245.80 | 3.04 |
| Momentum Group Ltd. | -400,000 | 8,500,000 | 325.04 | 3.82 | 8,900,000 | 292.90 | 3.63 |
| Old Mutual Ltd. | -4,613,414 | 11,400,000 | 169.86 | 2.00 | 16,013,414 | 213.14 | 2.64 |
| Life Insurance Total | -5,013,414 | 19,900,000 | 494.90 | 5.82 | 24,913,414 | 506.04 | 6.27 |
| eMedia Holdings Ltd. | 41 | 4,158,207 | 8.98 | 0.11 | 4,158,166 | 7.24 | 0.09 |
| Media Total | 41 | 4,158,207 | 8.98 | 0.11 | 4,158,166 | 7.24 | 0.09 |
| Allan Gray Money Market - A | -9,733,372 | 1,212,333 | 1.22 | 0.01 | 10,945,705 | 10.98 | 0.14 |
| Coronation Money Market - P | -9,732,497 | 1,473,342 | 1.49 | 0.02 | 11,205,839 | 11.24 | 0.14 |
| Momentum Money Market - C1 | -9,737,402 | 1,123,682 | 1.14 | 0.01 | 10,861,084 | 10.89 | 0.13 |
| Ninety One Money Market - B | -9,737,101 | 1,147,192 | 1.16 | 0.01 | 10,884,293 | 10.92 | 0.14 |
| Money Market Total | -38,940,372 | 4,956,549 | 5.01 | 0.06 | 43,896,921 | 44.03 | 0.55 |
| OUTsurance Group Ltd. | 750,000 | 3,300,000 | 236.48 | 2.78 | 2,550,000 | 182.17 | 2.26 |
| Non-life Insurance Total | 750,000 | 3,300,000 | 236.48 | 2.78 | 2,550,000 | 182.17 | 2.26 |
| Bid Corporation Ltd. | 0 | 445,000 | 187.73 | 2.21 | 445,000 | 192.24 | 2.38 |
| Personal Care, Drug and Grocery Stores Total | 0 | 445,000 | 187.73 | 2.21 | 445,000 | 192.24 | 2.38 |
| Compagnie Financière Richemont SA | 0 | 29,167 | 105.79 | 1.24 | 29,167 | 95.37 | 1.18 |
| Personal Goods Total | 0 | 29,167 | 105.79 | 1.24 | 29,167 | 95.37 | 1.18 |
| Adcock Ingram Holdings Ltd. | -401,794 | 0 | 0.00 | 0.00 | 401,794 | 28.93 | 0.36 |
| Aspen Pharmacare Holdings Ltd. | -260,000 | 2,000,000 | 233.58 | 2.75 | 2,260,000 | 216.96 | 2.69 |
| Pharmaceuticals and Biotechnology Total | -661,794 | 2,000,000 | 233.58 | 2.75 | 2,661,794 | 245.89 | 3.05 |
| Valterra Platinum Ltd. | 22,200 | 220,000 | 310.10 | 3.65 | 197,800 | 238.94 | 2.96 |
| Precious Metals and Mining Total | 22,200 | 220,000 | 310.10 | 3.65 | 197,800 | 238.94 | 2.96 |
| Standard Bank Group Ltd. | -94,162 | 263,148 | 25.60 | 0.30 | 357,310 | 33.77 | 0.42 |
| Preference Shares Total | -94,162 | 263,148 | 25.60 | 0.30 | 357,310 | 33.77 | 0.42 |
| Truworths International Ltd. | 180,000 | 3,930,000 | 223.73 | 2.63 | 3,750,000 | 204.75 | 2.54 |
| Retailers Total | 180,000 | 3,930,000 | 223.73 | 2.63 | 3,750,000 | 204.75 | 2.54 |
| Prosus NV | -61,301 | 525,000 | 537.35 | 6.32 | 586,301 | 718.08 | 8.89 |
| Software and Computer Services Total | -61,301 | 525,000 | 537.35 | 6.32 | 586,301 | 718.08 | 8.89 |
| Delivery Hero | 70,000 | 390,000 | 172.28 | 2.03 | 320,000 | 158.92 | 1.97 |
| Dell Technologies Inc | 0 | 105,000 | 222.13 | 2.61 | 105,000 | 242.98 | 3.01 |
| Microsoft Corporation | 0 | 12,000 | 96.74 | 1.14 | 12,000 | 106.72 | 1.32 |
| Technology Total | 70,000 | 507,000 | 491.16 | 5.78 | 437,000 | 508.63 | 6.30 |
| Portfolio Total | -63,644,160 | 1,099,766,621 | 8,503.20 | 100.00 | 1,163,410,781 | 8,074.74 | 100.00 |