| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 823,822 | 1,187,525 | 215.05 | 2.87 | 363,703 | 64.01 | 0.97 |
| Capitec Bank Holdings Ltd. | -7,906 | 151,328 | 525.71 | 7.01 | 159,234 | 565.43 | 8.55 |
| FirstRand Ltd. | -818,586 | 5,567,814 | 432.40 | 5.77 | 6,386,400 | 483.39 | 7.31 |
| Standard Bank Group Ltd. | -97,441 | 1,469,564 | 347.39 | 4.63 | 1,567,005 | 356.54 | 5.39 |
| Banks Total | -100,111 | 8,376,231 | 1,520.55 | 20.28 | 8,476,342 | 1,469.37 | 22.21 |
| Anglo American PLC (GBP) | 307,397 | 307,397 | 0.31 | 0.00 | 0 | 0.00 | 0.00 |
| Basic Resources Total | 307,397 | 307,397 | 0.31 | 0.00 | 0 | 0.00 | 0.00 |
| Anheuser-Busch InBev SA/NV | -15,129 | 0 | 0.00 | 0.00 | 15,129 | 18.44 | 0.28 |
| Beverages Total | -15,129 | 0 | 0.00 | 0.00 | 15,129 | 18.44 | 0.28 |
| Cash on call | 0 | 0 | 22.28 | 0.30 | 0 | 130.67 | 1.98 |
| Cash on call Total | 0 | 0 | 22.28 | 0.30 | 0 | 130.67 | 1.98 |
| Raubex Group Ltd. | 0 | 717,070 | 30.55 | 0.41 | 717,070 | 31.91 | 0.48 |
| Wilson Bayly Holmes - Ovcon Ltd. | -121,783 | 0 | 0.00 | 0.00 | 121,783 | 22.49 | 0.34 |
| Construction and Materials Total | -121,783 | 717,070 | 30.55 | 0.41 | 838,853 | 54.40 | 0.82 |
| Astral Foods Ltd. | -119,848 | 0 | 0.00 | 0.00 | 119,848 | 21.28 | 0.32 |
| Tiger Brands Ltd. | 88,824 | 660,479 | 203.93 | 2.72 | 571,655 | 182.29 | 2.76 |
| Food Producers Total | -31,024 | 660,479 | 203.93 | 2.72 | 691,503 | 203.57 | 3.08 |
| Mondi plc | -734,295 | 0 | 0.00 | 0.00 | 734,295 | 213.74 | 3.23 |
| General Industrials Total | -734,295 | 0 | 0.00 | 0.00 | 734,295 | 213.74 | 3.23 |
| Sappi Ltd. | 570,620 | 2,429,047 | 56.16 | 0.75 | 1,858,427 | 55.31 | 0.84 |
| Industrial Materials Total | 570,620 | 2,429,047 | 56.16 | 0.75 | 1,858,427 | 55.31 | 0.84 |
| Anglo American plc | 273,399 | 516,065 | 333.64 | 4.45 | 242,666 | 127.56 | 1.93 |
| Glencore plc | 901,969 | 2,698,618 | 215.08 | 2.87 | 1,796,649 | 124.96 | 1.89 |
| Kumba Iron Ore Ltd. | -116,603 | 0 | 0.00 | 0.00 | 116,603 | 33.24 | 0.50 |
| South32 Ltd. | -1,892,534 | 0 | 0.00 | 0.00 | 1,892,534 | 64.59 | 0.98 |
| Industrial Metals and Mining Total | -833,769 | 3,214,683 | 548.72 | 7.32 | 4,048,452 | 350.34 | 5.30 |
| Reinet Investments SCA | 234,698 | 234,698 | 118.52 | 1.58 | 0 | 0.00 | 0.00 |
| Investment Banking and Brokerage Services Total | 234,698 | 234,698 | 118.52 | 1.58 | 0 | 0.00 | 0.00 |
| Discovery Ltd. | -492,504 | 430,065 | 84.72 | 1.13 | 922,569 | 198.17 | 3.00 |
| Sanlam Ltd. | -1,121,299 | 2,362,132 | 197.45 | 2.63 | 3,483,431 | 308.88 | 4.67 |
| Life Insurance Total | -1,613,803 | 2,792,197 | 282.17 | 3.76 | 4,406,000 | 507.04 | 7.66 |
| OUTsurance Group Ltd. | -1,408,749 | 0 | 0.00 | 0.00 | 1,408,749 | 110.35 | 1.67 |
| Santam Ltd. | -3,573 | 108,326 | 40.93 | 0.55 | 111,899 | 47.89 | 0.72 |
| Non-life Insurance Total | -1,412,322 | 108,326 | 40.93 | 0.55 | 1,520,648 | 158.24 | 2.39 |
| Bid Corporation Ltd. | 256,625 | 332,628 | 143.78 | 1.92 | 76,003 | 35.53 | 0.54 |
| Shoprite Holdings Ltd. | -163,082 | 0 | 0.00 | 0.00 | 163,082 | 45.17 | 0.68 |
| Personal Care, Drug and Grocery Stores Total | 93,543 | 332,628 | 143.78 | 1.92 | 239,085 | 80.69 | 1.22 |
| Compagnie Financière Richemont SA | 20,204 | 38,117 | 124.61 | 1.66 | 17,913 | 59.67 | 0.90 |
| Personal Goods Total | 20,204 | 38,117 | 124.61 | 1.66 | 17,913 | 59.67 | 0.90 |
| AngloGold Ashanti plc | -136,269 | 394,799 | 479.10 | 6.39 | 531,068 | 425.33 | 6.43 |
| Gold Fields Ltd. | 457,004 | 1,098,613 | 800.99 | 10.68 | 641,609 | 266.77 | 4.03 |
| Harmony Gold Mining Company Ltd. | -71,916 | 191,378 | 60.26 | 0.80 | 263,294 | 64.46 | 0.97 |
| Impala Platinum Holdings Ltd. | -211,194 | 703,679 | 155.20 | 2.07 | 914,873 | 145.40 | 2.20 |
| Northam Platinum Holdings Ltd. | 176,101 | 812,938 | 228.44 | 3.05 | 636,837 | 122.09 | 1.85 |
| Valterra Platinum Ltd. | 129,961 | 288,686 | 356.63 | 4.76 | 158,725 | 125.44 | 1.90 |
| Precious Metals and Mining Total | 343,687 | 3,490,093 | 2,080.61 | 27.75 | 3,146,406 | 1,149.49 | 17.38 |
| Hyprop Investments Ltd. | -27,855 | 1,526,748 | 71.36 | 0.95 | 1,554,603 | 66.47 | 1.00 |
| Redefine Properties Ltd. | 0 | 5,791,442 | 28.78 | 0.38 | 5,791,442 | 26.52 | 0.40 |
| Real Estate Investment Trusts Total | -27,855 | 7,318,190 | 100.14 | 1.34 | 7,346,045 | 93.00 | 1.41 |
| Mr Price Group Ltd. | -218,335 | 465,418 | 94.81 | 1.26 | 683,753 | 151.40 | 2.29 |
| Pepkor Holdings Ltd. | 313,020 | 5,770,761 | 140.29 | 1.87 | 5,457,741 | 148.61 | 2.25 |
| The Foschini Group Ltd. | -394,392 | 890,517 | 97.16 | 1.30 | 1,284,909 | 165.65 | 2.50 |
| Truworths International Ltd. | -67,021 | 0 | 0.00 | 0.00 | 67,021 | 4.79 | 0.07 |
| We Buy Cars Holdings Ltd. | -28,210 | 1,546,182 | 85.63 | 1.14 | 1,574,392 | 94.31 | 1.43 |
| Retailers Total | -394,938 | 8,672,878 | 417.88 | 5.57 | 9,067,816 | 564.76 | 8.54 |
| Naspers Ltd. | -4,452 | 144,151 | 901.62 | 12.02 | 148,603 | 819.60 | 12.39 |
| Prosus NV | -5,439 | 298,096 | 360.91 | 4.81 | 303,535 | 300.99 | 4.55 |
| Software and Computer Services Total | -9,891 | 442,247 | 1,262.53 | 16.84 | 452,138 | 1,120.59 | 16.94 |
| MTN Group Ltd. | 277,297 | 2,393,520 | 347.06 | 4.63 | 2,116,223 | 298.05 | 4.51 |
| Telecommunications Service Providers Total | 277,297 | 2,393,520 | 347.06 | 4.63 | 2,116,223 | 298.05 | 4.51 |
| British American Tobacco plc | 111,608 | 216,743 | 197.71 | 2.64 | 105,135 | 88.40 | 1.34 |
| Tobacco Total | 111,608 | 216,743 | 197.71 | 2.64 | 105,135 | 88.40 | 1.34 |
| Portfolio Total | -3,335,866 | 41,744,544 | 7,498.45 | 100.00 | 45,080,410 | 6,615.77 | 100.00 |