| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -21,802 | 87,724 | 15.53 | 4.31 | 109,526 | 20.78 | 5.27 |
| FirstRand Ltd. | 33,963 | 161,561 | 11.61 | 3.22 | 127,598 | 9.69 | 2.46 |
| Investec Ltd. | 9,059 | 107,068 | 12.20 | 3.38 | 98,009 | 12.26 | 3.11 |
| Investec plc | 17,396 | 116,932 | 13.32 | 3.69 | 99,536 | 12.61 | 3.20 |
| Nedbank Group Ltd. | 6,404 | 59,311 | 15.26 | 4.23 | 52,907 | 14.90 | 3.78 |
| Standard Bank Group Ltd. | -5,096 | 55,712 | 13.34 | 3.70 | 60,808 | 13.48 | 3.42 |
| Banks Total | 39,924 | 588,308 | 81.25 | 22.54 | 548,384 | 83.73 | 21.23 |
| Cash on call | 0 | 0 | 1.44 | 0.40 | 0 | 2.73 | 0.69 |
| Cash on call Total | 0 | 0 | 1.44 | 0.40 | 0 | 2.73 | 0.69 |
| Sasol Ltd. | 27,282 | 122,513 | 9.37 | 2.60 | 95,231 | 7.93 | 2.01 |
| Chemicals Total | 27,282 | 122,513 | 9.37 | 2.60 | 95,231 | 7.93 | 2.01 |
| AVI Ltd. | 49,902 | 159,914 | 14.18 | 3.93 | 110,012 | 12.07 | 3.06 |
| Tiger Brands Ltd. | 4,415 | 42,744 | 11.88 | 3.29 | 38,329 | 11.08 | 2.81 |
| Food Producers Total | 54,317 | 202,658 | 26.06 | 7.23 | 148,341 | 23.15 | 5.87 |
| The Bidvest Group Ltd. | 6,754 | 32,957 | 7.76 | 2.15 | 26,203 | 6.91 | 1.75 |
| General Industrials Total | 6,754 | 32,957 | 7.76 | 2.15 | 26,203 | 6.91 | 1.75 |
| Netcare Ltd. | 61,343 | 970,572 | 12.78 | 3.55 | 909,229 | 13.57 | 3.44 |
| Health Care Providers Total | 61,343 | 970,572 | 12.78 | 3.55 | 909,229 | 13.57 | 3.44 |
| Sappi Ltd. | 100,217 | 326,378 | 11.81 | 3.28 | 226,161 | 11.14 | 2.82 |
| Industrial Materials Total | 100,217 | 326,378 | 11.81 | 3.28 | 226,161 | 11.14 | 2.82 |
| African Rainbow Minerals Ltd. | -29,433 | 106,736 | 15.57 | 4.32 | 136,169 | 20.48 | 5.19 |
| Anglo American plc | -13,569 | 0 | 0.00 | 0.00 | 13,569 | 7.49 | 1.90 |
| BHP Group Ltd. | -4,137 | 19,278 | 8.46 | 2.35 | 23,415 | 10.78 | 2.73 |
| Glencore plc | 129,194 | 129,194 | 8.69 | 2.41 | 0 | 0.00 | 0.00 |
| Kumba Iron Ore Ltd. | -14,321 | 43,380 | 13.54 | 3.75 | 57,701 | 18.82 | 4.77 |
| Industrial Metals and Mining Total | 67,734 | 298,588 | 46.26 | 12.83 | 230,854 | 57.57 | 14.60 |
| Ninety One plc | 2,498 | 407,020 | 14.14 | 3.92 | 404,522 | 13.91 | 3.53 |
| Quilter plc | 249,613 | 249,613 | 8.72 | 2.42 | 0 | 0.00 | 0.00 |
| Investment Banking and Brokerage Services Total | 252,111 | 656,633 | 22.87 | 6.34 | 404,522 | 13.91 | 3.53 |
| Momentum Group Ltd. | 4,498 | 365,775 | 11.42 | 3.17 | 361,277 | 10.93 | 2.77 |
| Old Mutual Ltd. | 264,265 | 1,434,606 | 17.07 | 4.74 | 1,170,341 | 14.64 | 3.71 |
| Sanlam Ltd. | 6,934 | 126,771 | 10.49 | 2.91 | 119,837 | 10.41 | 2.64 |
| Life Insurance Total | 275,697 | 1,927,152 | 38.98 | 10.81 | 1,651,455 | 35.98 | 9.12 |
| Exxaro Resources Ltd. | -44,347 | 141,586 | 21.00 | 5.83 | 185,933 | 29.37 | 7.45 |
| Thungela Resources Ltd. | -167,649 | 0 | 0.00 | 0.00 | 167,649 | 22.41 | 5.68 |
| Oil, Gas and Coal Total | -211,996 | 141,586 | 21.00 | 5.83 | 353,582 | 51.78 | 13.13 |
| Sibanye Stillwater Ltd. | -168,204 | 483,543 | 10.07 | 2.79 | 651,747 | 9.76 | 2.48 |
| Valterra Platinum Ltd. | -6,371 | 7,281 | 5.35 | 1.48 | 13,652 | 7.77 | 1.97 |
| Precious Metals and Mining Total | -174,575 | 490,824 | 15.42 | 4.28 | 665,399 | 17.53 | 4.44 |
| Mr Price Group Ltd. | 4,287 | 37,852 | 8.39 | 2.33 | 33,565 | 9.91 | 2.51 |
| The Foschini Group Ltd. | 12,929 | 56,689 | 7.05 | 1.95 | 43,760 | 7.35 | 1.86 |
| Truworths International Ltd. | 49,733 | 188,721 | 13.58 | 3.77 | 138,988 | 14.40 | 3.65 |
| Woolworths Holdings Ltd. | 35,397 | 189,452 | 9.66 | 2.68 | 154,055 | 9.61 | 2.44 |
| Retailers Total | 102,346 | 472,714 | 38.68 | 10.73 | 370,368 | 41.27 | 10.46 |
| Vodacom Group Ltd. | -10,021 | 101,350 | 12.71 | 3.53 | 111,371 | 11.29 | 2.86 |
| Telecommunications Service Providers Total | -10,021 | 101,350 | 12.71 | 3.53 | 111,371 | 11.29 | 2.86 |
| British American Tobacco plc | -4,800 | 18,717 | 14.12 | 3.92 | 23,517 | 15.91 | 4.03 |
| Tobacco Total | -4,800 | 18,717 | 14.12 | 3.92 | 23,517 | 15.91 | 4.03 |
| Portfolio Total | 586,333 | 6,350,950 | 360.52 | 100.00 | 5,764,617 | 394.40 | 100.00 |