| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -159,289 | 363,703 | 64.01 | 0.97 | 522,992 | 92.56 | 1.40 |
| Capitec Bank Holdings Ltd. | -23,241 | 159,234 | 565.43 | 8.55 | 182,475 | 566.16 | 8.55 |
| FirstRand Ltd. | 47,997 | 6,386,400 | 483.39 | 7.31 | 6,338,403 | 455.35 | 6.88 |
| Nedbank Group Ltd. | -82,265 | 0 | 0.00 | 0.00 | 82,265 | 21.16 | 0.32 |
| Standard Bank Group Ltd. | -204,362 | 1,567,005 | 356.54 | 5.39 | 1,771,367 | 424.08 | 6.41 |
| Banks Total | -421,160 | 8,476,342 | 1,469.37 | 22.21 | 8,897,502 | 1,559.32 | 23.56 |
| Anheuser-Busch InBev SA/NV | 15,129 | 15,129 | 18.44 | 0.28 | 0 | 0.00 | 0.00 |
| Beverages Total | 15,129 | 15,129 | 18.44 | 0.28 | 0 | 0.00 | 0.00 |
| Cash on call | 0 | 0 | 130.67 | 1.98 | 0 | 13.55 | 0.20 |
| Cash on call Total | 0 | 0 | 130.67 | 1.98 | 0 | 13.55 | 0.20 |
| Raubex Group Ltd. | -376,152 | 717,070 | 31.91 | 0.48 | 1,093,222 | 48.20 | 0.73 |
| Wilson Bayly Holmes - Ovcon Ltd. | -11,834 | 121,783 | 22.49 | 0.34 | 133,617 | 24.13 | 0.36 |
| Construction and Materials Total | -387,986 | 838,853 | 54.40 | 0.82 | 1,226,839 | 72.33 | 1.09 |
| Astral Foods Ltd. | 11,878 | 119,848 | 21.28 | 0.32 | 107,970 | 17.60 | 0.27 |
| Tiger Brands Ltd. | 344,820 | 571,655 | 182.29 | 2.76 | 226,835 | 63.03 | 0.95 |
| Food Producers Total | 356,698 | 691,503 | 203.57 | 3.08 | 334,805 | 80.63 | 1.22 |
| Mondi plc | 43,125 | 734,295 | 213.74 | 3.23 | 691,170 | 188.14 | 2.84 |
| General Industrials Total | 43,125 | 734,295 | 213.74 | 3.23 | 691,170 | 188.14 | 2.84 |
| Sappi Ltd. | -319,303 | 1,858,427 | 55.31 | 0.84 | 2,177,730 | 78.81 | 1.19 |
| Industrial Materials Total | -319,303 | 1,858,427 | 55.31 | 0.84 | 2,177,730 | 78.81 | 1.19 |
| Anglo American plc | -170,466 | 242,666 | 127.56 | 1.93 | 413,132 | 211.09 | 3.19 |
| Glencore plc | 1,796,649 | 1,796,649 | 124.96 | 1.89 | 0 | 0.00 | 0.00 |
| Kumba Iron Ore Ltd. | -115,386 | 116,603 | 33.24 | 0.50 | 231,989 | 72.39 | 1.09 |
| South32 Ltd. | -341,913 | 1,892,534 | 64.59 | 0.98 | 2,234,447 | 82.76 | 1.25 |
| Industrial Metals and Mining Total | 1,168,884 | 4,048,452 | 350.34 | 5.30 | 2,879,568 | 366.25 | 5.53 |
| Quilter plc | -1,526,568 | 0 | 0.00 | 0.00 | 1,526,568 | 53.35 | 0.81 |
| Investment Banking and Brokerage Services Total | -1,526,568 | 0 | 0.00 | 0.00 | 1,526,568 | 53.35 | 0.81 |
| Discovery Ltd. | 36,623 | 922,569 | 198.17 | 3.00 | 885,946 | 176.75 | 2.67 |
| Sanlam Ltd. | -381,362 | 3,483,431 | 308.88 | 4.67 | 3,864,793 | 319.81 | 4.83 |
| Life Insurance Total | -344,739 | 4,406,000 | 507.04 | 7.66 | 4,750,739 | 496.56 | 7.50 |
| OUTsurance Group Ltd. | 321,012 | 1,408,749 | 110.35 | 1.67 | 1,087,737 | 75.82 | 1.15 |
| Santam Ltd. | 22,625 | 111,899 | 47.89 | 0.72 | 89,274 | 33.31 | 0.50 |
| Non-life Insurance Total | 343,637 | 1,520,648 | 158.24 | 2.39 | 1,177,011 | 109.13 | 1.65 |
| Bid Corporation Ltd. | 76,003 | 76,003 | 35.53 | 0.54 | 0 | 0.00 | 0.00 |
| Shoprite Holdings Ltd. | -126,418 | 163,082 | 45.17 | 0.68 | 289,500 | 78.95 | 1.19 |
| The SPAR Group Ltd. | -357,977 | 0 | 0.00 | 0.00 | 357,977 | 42.32 | 0.64 |
| Personal Care, Drug and Grocery Stores Total | -408,392 | 239,085 | 80.69 | 1.22 | 647,477 | 121.27 | 1.83 |
| Compagnie Financière Richemont SA | -44,237 | 17,913 | 59.67 | 0.90 | 62,150 | 197.00 | 2.98 |
| Personal Goods Total | -44,237 | 17,913 | 59.67 | 0.90 | 62,150 | 197.00 | 2.98 |
| AngloGold Ashanti plc | 53,522 | 531,068 | 425.33 | 6.43 | 477,546 | 327.99 | 4.96 |
| Gold Fields Ltd. | 346,759 | 641,609 | 266.77 | 4.03 | 294,850 | 119.54 | 1.81 |
| Harmony Gold Mining Company Ltd. | -295,888 | 263,294 | 64.46 | 0.97 | 559,182 | 149.02 | 2.25 |
| Impala Platinum Holdings Ltd. | -443,693 | 914,873 | 145.40 | 2.20 | 1,358,566 | 171.07 | 2.58 |
| Northam Platinum Holdings Ltd. | -198,708 | 636,837 | 122.09 | 1.85 | 835,545 | 109.39 | 1.65 |
| Valterra Platinum Ltd. | 60,575 | 158,725 | 125.44 | 1.90 | 98,150 | 72.08 | 1.09 |
| Precious Metals and Mining Total | -477,433 | 3,146,406 | 1,149.49 | 17.38 | 3,623,839 | 949.08 | 14.34 |
| Hyprop Investments Ltd. | -241,975 | 1,554,603 | 66.47 | 1.00 | 1,796,578 | 74.90 | 1.13 |
| Redefine Properties Ltd. | -562,767 | 5,791,442 | 26.52 | 0.40 | 6,354,209 | 26.56 | 0.40 |
| Resilient REIT Ltd. | -559,823 | 0 | 0.00 | 0.00 | 559,823 | 31.83 | 0.48 |
| Shaftesbury Capital plc | -1,156,291 | 0 | 0.00 | 0.00 | 1,156,291 | 34.18 | 0.52 |
| Real Estate Investment Trusts Total | -2,520,856 | 7,346,045 | 93.00 | 1.41 | 9,866,901 | 167.47 | 2.53 |
| Motus Holdings Ltd. | -486,834 | 0 | 0.00 | 0.00 | 486,834 | 42.42 | 0.64 |
| Mr Price Group Ltd. | -790,100 | 683,753 | 151.40 | 2.29 | 1,473,853 | 326.59 | 4.93 |
| Pepkor Holdings Ltd. | 2,757,128 | 5,457,741 | 148.61 | 2.25 | 2,700,613 | 68.95 | 1.04 |
| The Foschini Group Ltd. | -168,980 | 1,284,909 | 165.65 | 2.50 | 1,453,889 | 180.75 | 2.73 |
| Truworths International Ltd. | -1,177,861 | 67,021 | 4.79 | 0.07 | 1,244,882 | 89.58 | 1.35 |
| We Buy Cars Holdings Ltd. | -224,697 | 1,574,392 | 94.31 | 1.43 | 1,799,089 | 75.78 | 1.15 |
| Retailers Total | -91,344 | 9,067,816 | 564.76 | 8.54 | 9,159,160 | 784.07 | 11.85 |
| Naspers Ltd. | -22,262 | 148,603 | 819.60 | 12.39 | 170,865 | 771.97 | 11.66 |
| Prosus NV | -77,094 | 303,535 | 300.99 | 4.55 | 380,629 | 320.34 | 4.84 |
| Software and Computer Services Total | -99,356 | 452,138 | 1,120.59 | 16.94 | 551,494 | 1,092.31 | 16.51 |
| MTN Group Ltd. | -227,037 | 2,116,223 | 298.05 | 4.51 | 2,343,260 | 288.76 | 4.36 |
| Telecommunications Service Providers Total | -227,037 | 2,116,223 | 298.05 | 4.51 | 2,343,260 | 288.76 | 4.36 |
| British American Tobacco plc | 105,135 | 105,135 | 88.40 | 1.34 | 0 | 0.00 | 0.00 |
| Tobacco Total | 105,135 | 105,135 | 88.40 | 1.34 | 0 | 0.00 | 0.00 |
| Portfolio Total | -4,835,803 | 45,080,410 | 6,615.77 | 100.00 | 49,916,213 | 6,618.03 | 100.00 |