| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 522,992 | 522,992 | 92.56 | 1.40 | 0 | 0.00 | 0.00 |
| Capitec Bank Holdings Ltd. | 32,769 | 182,475 | 566.16 | 8.55 | 149,706 | 469.23 | 7.43 |
| FirstRand Ltd. | -717,497 | 6,338,403 | 455.35 | 6.88 | 7,055,900 | 535.97 | 8.49 |
| Investec plc | -869,095 | 0 | 0.00 | 0.00 | 869,095 | 110.11 | 1.74 |
| Nedbank Group Ltd. | -759,270 | 82,265 | 21.16 | 0.32 | 841,535 | 237.07 | 3.75 |
| Standard Bank Group Ltd. | 744,315 | 1,771,367 | 424.08 | 6.41 | 1,027,052 | 227.76 | 3.61 |
| Banks Total | -1,045,786 | 8,897,502 | 1,559.32 | 23.56 | 9,943,288 | 1,580.14 | 25.03 |
| Anheuser-Busch InBev SA/NV | -76,339 | 0 | 0.00 | 0.00 | 76,339 | 71.60 | 1.13 |
| Beverages Total | -76,339 | 0 | 0.00 | 0.00 | 76,339 | 71.60 | 1.13 |
| Cash on call | 0 | 0 | 13.55 | 0.20 | 0 | 28.64 | 0.45 |
| Cash on call Total | 0 | 0 | 13.55 | 0.20 | 0 | 28.64 | 0.45 |
| Raubex Group Ltd. | -60,755 | 1,093,222 | 48.20 | 0.73 | 1,153,977 | 61.16 | 0.97 |
| Wilson Bayly Holmes - Ovcon Ltd. | -7,149 | 133,617 | 24.13 | 0.36 | 140,766 | 32.84 | 0.52 |
| Construction and Materials Total | -67,904 | 1,226,839 | 72.33 | 1.09 | 1,294,743 | 94.00 | 1.49 |
| Astral Foods Ltd. | 0 | 107,970 | 17.60 | 0.27 | 107,970 | 20.19 | 0.32 |
| Tiger Brands Ltd. | 226,835 | 226,835 | 63.03 | 0.95 | 0 | 0.00 | 0.00 |
| Food Producers Total | 226,835 | 334,805 | 80.63 | 1.22 | 107,970 | 20.19 | 0.32 |
| Mondi plc | 209,585 | 691,170 | 188.14 | 2.84 | 481,585 | 133.64 | 2.12 |
| General Industrials Total | 209,585 | 691,170 | 188.14 | 2.84 | 481,585 | 133.64 | 2.12 |
| Life Healthcare Group Holdings Ltd. | -7,317,617 | 0 | 0.00 | 0.00 | 7,317,617 | 119.86 | 1.90 |
| Netcare Ltd. | -3,265,856 | 0 | 0.00 | 0.00 | 3,265,856 | 48.73 | 0.77 |
| Health Care Providers Total | -10,583,473 | 0 | 0.00 | 0.00 | 10,583,473 | 168.59 | 2.67 |
| Sappi Ltd. | 76,479 | 2,177,730 | 78.81 | 1.19 | 2,101,251 | 103.51 | 1.64 |
| Industrial Materials Total | 76,479 | 2,177,730 | 78.81 | 1.19 | 2,101,251 | 103.51 | 1.64 |
| Anglo American plc | -121,960 | 413,132 | 211.09 | 3.19 | 535,092 | 295.29 | 4.68 |
| Glencore plc | -873,706 | 0 | 0.00 | 0.00 | 873,706 | 72.97 | 1.16 |
| Kumba Iron Ore Ltd. | 231,989 | 231,989 | 72.39 | 1.09 | 0 | 0.00 | 0.00 |
| South32 Ltd. | 447,218 | 2,234,447 | 82.76 | 1.25 | 1,787,229 | 71.27 | 1.13 |
| Industrial Metals and Mining Total | -316,459 | 2,879,568 | 366.25 | 5.53 | 3,196,027 | 439.54 | 6.96 |
| Quilter plc | -775,104 | 1,526,568 | 53.35 | 0.81 | 2,301,672 | 81.85 | 1.30 |
| Investment Banking and Brokerage Services Total | -775,104 | 1,526,568 | 53.35 | 0.81 | 2,301,672 | 81.85 | 1.30 |
| Discovery Ltd. | -517,465 | 885,946 | 176.75 | 2.67 | 1,403,411 | 273.34 | 4.33 |
| Sanlam Ltd. | 596,427 | 3,864,793 | 319.81 | 4.83 | 3,268,366 | 283.96 | 4.50 |
| Life Insurance Total | 78,962 | 4,750,739 | 496.56 | 7.50 | 4,671,777 | 557.30 | 8.83 |
| Ninety One Money Market - Z | -239,177 | 0 | 0.00 | 0.00 | 239,177 | 0.24 | 0.00 |
| Money Market Total | -239,177 | 0 | 0.00 | 0.00 | 239,177 | 0.24 | 0.00 |
| OUTsurance Group Ltd. | 1,087,737 | 1,087,737 | 75.82 | 1.15 | 0 | 0.00 | 0.00 |
| Santam Ltd. | 89,274 | 89,274 | 33.31 | 0.50 | 0 | 0.00 | 0.00 |
| Non-life Insurance Total | 1,177,011 | 1,177,011 | 109.13 | 1.65 | 0 | 0.00 | 0.00 |
| Boxer Retail Ltd. | -292,167 | 0 | 0.00 | 0.00 | 292,167 | 18.82 | 0.30 |
| Clicks Group Ltd. | -293,464 | 0 | 0.00 | 0.00 | 293,464 | 109.49 | 1.73 |
| Pick n Pay Stores Ltd. | -2,040,659 | 0 | 0.00 | 0.00 | 2,040,659 | 62.65 | 0.99 |
| Shoprite Holdings Ltd. | 289,500 | 289,500 | 78.95 | 1.19 | 0 | 0.00 | 0.00 |
| The SPAR Group Ltd. | 357,977 | 357,977 | 42.32 | 0.64 | 0 | 0.00 | 0.00 |
| Personal Care, Drug and Grocery Stores Total | -1,978,813 | 647,477 | 121.27 | 1.83 | 2,626,290 | 190.96 | 3.02 |
| Compagnie Financière Richemont SA | 62,150 | 62,150 | 197.00 | 2.98 | 0 | 0.00 | 0.00 |
| Personal Goods Total | 62,150 | 62,150 | 197.00 | 2.98 | 0 | 0.00 | 0.00 |
| AngloGold Ashanti plc | -116,455 | 477,546 | 327.99 | 4.96 | 594,001 | 250.07 | 3.96 |
| Gold Fields Ltd. | 294,850 | 294,850 | 119.54 | 1.81 | 0 | 0.00 | 0.00 |
| Harmony Gold Mining Company Ltd. | 343,152 | 559,182 | 149.02 | 2.25 | 216,030 | 32.55 | 0.52 |
| Impala Platinum Holdings Ltd. | 344,994 | 1,358,566 | 171.07 | 2.58 | 1,013,572 | 88.94 | 1.41 |
| Northam Platinum Holdings Ltd. | 835,545 | 835,545 | 109.39 | 1.65 | 0 | 0.00 | 0.00 |
| Valterra Platinum Ltd. | 42,183 | 98,150 | 72.08 | 1.09 | 55,967 | 31.84 | 0.50 |
| Precious Metals and Mining Total | 1,744,269 | 3,623,839 | 949.08 | 14.34 | 1,879,570 | 403.41 | 6.39 |
| Growthpoint Properties Ltd. | -1,994,038 | 0 | 0.00 | 0.00 | 1,994,038 | 25.38 | 0.40 |
| Hyprop Investments Ltd. | 435,071 | 1,796,578 | 74.90 | 1.13 | 1,361,507 | 63.27 | 1.00 |
| Redefine Properties Ltd. | -316,729 | 6,354,209 | 26.56 | 0.40 | 6,670,938 | 30.35 | 0.48 |
| Resilient REIT Ltd. | -577,150 | 559,823 | 31.83 | 0.48 | 1,136,973 | 66.81 | 1.06 |
| Shaftesbury Capital plc | 1,156,291 | 1,156,291 | 34.18 | 0.52 | 0 | 0.00 | 0.00 |
| Real Estate Investment Trusts Total | -1,296,555 | 9,866,901 | 167.47 | 2.53 | 11,163,456 | 185.81 | 2.94 |
| Motus Holdings Ltd. | -11,191 | 486,834 | 42.42 | 0.64 | 498,025 | 60.52 | 0.96 |
| Mr Price Group Ltd. | 199,959 | 1,473,853 | 326.59 | 4.93 | 1,273,894 | 376.12 | 5.96 |
| Pepkor Holdings Ltd. | 2,700,613 | 2,700,613 | 68.95 | 1.04 | 0 | 0.00 | 0.00 |
| The Foschini Group Ltd. | 193,120 | 1,453,889 | 180.75 | 2.73 | 1,260,769 | 211.81 | 3.35 |
| Truworths International Ltd. | -497,327 | 1,244,882 | 89.58 | 1.35 | 1,742,209 | 180.51 | 2.86 |
| We Buy Cars Holdings Ltd. | -256,353 | 1,799,089 | 75.78 | 1.15 | 2,055,442 | 88.49 | 1.40 |
| Woolworths Holdings Ltd. | -225,335 | 0 | 0.00 | 0.00 | 225,335 | 14.05 | 0.22 |
| Retailers Total | 2,103,486 | 9,159,160 | 784.07 | 11.85 | 7,055,674 | 931.49 | 14.75 |
| Naspers Ltd. | -4,092 | 170,865 | 771.97 | 11.66 | 174,957 | 730.13 | 11.56 |
| Prosus NV | 44,443 | 380,629 | 320.34 | 4.84 | 336,186 | 251.82 | 3.99 |
| Software and Computer Services Total | 40,351 | 551,494 | 1,092.31 | 16.51 | 511,143 | 981.95 | 15.55 |
| MTN Group Ltd. | 211,934 | 2,343,260 | 288.76 | 4.36 | 2,131,326 | 196.06 | 3.11 |
| Telecommunications Service Providers Total | 211,934 | 2,343,260 | 288.76 | 4.36 | 2,131,326 | 196.06 | 3.11 |
| British American Tobacco plc | -214,554 | 0 | 0.00 | 0.00 | 214,554 | 145.16 | 2.30 |
| Tobacco Total | -214,554 | 0 | 0.00 | 0.00 | 214,554 | 145.16 | 2.30 |
| Portfolio Total | -10,663,102 | 49,916,213 | 6,618.03 | 100.00 | 60,579,315 | 6,314.07 | 100.00 |