| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 6,847 | 43,477 | 7.65 | 2.50 | 36,630 | 6.48 | 2.36 |
| Capitec Bank Holdings Ltd. | -77 | 2,170 | 7.71 | 2.52 | 2,247 | 6.97 | 2.53 |
| FirstRand Ltd. | 12,683 | 103,671 | 7.85 | 2.56 | 90,988 | 6.54 | 2.37 |
| Investec Ltd. | 2,192 | 24,771 | 3.28 | 1.07 | 22,579 | 2.57 | 0.93 |
| Investec plc | 2,340 | 36,713 | 4.85 | 1.58 | 34,373 | 3.92 | 1.42 |
| Nedbank Group Ltd. | 5,238 | 30,524 | 7.42 | 2.42 | 25,286 | 6.50 | 2.36 |
| Standard Bank Group Ltd. | 4,570 | 32,930 | 7.49 | 2.45 | 28,360 | 6.79 | 2.47 |
| Banks Total | 33,793 | 274,256 | 46.24 | 15.10 | 240,463 | 39.77 | 14.45 |
| Anheuser-Busch InBev SA/NV | -99 | 5,875 | 7.16 | 2.34 | 5,974 | 6.75 | 2.45 |
| Beverages Total | -99 | 5,875 | 7.16 | 2.34 | 5,974 | 6.75 | 2.45 |
| Cash on call | 0 | 0 | 2.09 | 0.68 | 0 | 1.11 | 0.40 |
| Cash on call Total | 0 | 0 | 2.09 | 0.68 | 0 | 1.11 | 0.40 |
| Sasol Ltd. | -9,509 | 77,571 | 6.11 | 2.00 | 87,080 | 6.66 | 2.42 |
| Chemicals Total | -9,509 | 77,571 | 6.11 | 2.00 | 87,080 | 6.66 | 2.42 |
| Mondi plc | 3,299 | 26,349 | 7.67 | 2.50 | 23,050 | 6.27 | 2.28 |
| The Bidvest Group Ltd. | 4,991 | 32,942 | 7.69 | 2.51 | 27,951 | 6.58 | 2.39 |
| General Industrials Total | 8,290 | 59,291 | 15.36 | 5.02 | 51,001 | 12.86 | 4.67 |
| Anglo American plc | 2,366 | 14,766 | 7.76 | 2.54 | 12,400 | 6.34 | 2.30 |
| BHP Group Ltd. | 2,203 | 17,258 | 7.37 | 2.41 | 15,055 | 6.61 | 2.40 |
| Glencore plc | -89,790 | 0 | 0.00 | 0.00 | 89,790 | 6.04 | 2.19 |
| Industrial Metals and Mining Total | -85,221 | 32,024 | 15.13 | 4.94 | 117,245 | 18.98 | 6.90 |
| Reinet Investments SCA | 411 | 15,731 | 9.06 | 2.96 | 15,320 | 6.82 | 2.48 |
| Remgro Ltd. | 2,466 | 48,847 | 7.73 | 2.52 | 46,381 | 7.32 | 2.66 |
| Investment Banking and Brokerage Services Total | 2,877 | 64,578 | 16.79 | 5.48 | 61,701 | 14.14 | 5.14 |
| Discovery Ltd. | 181 | 34,684 | 7.45 | 2.43 | 34,503 | 6.88 | 2.50 |
| Old Mutual Ltd. | 39,288 | 629,434 | 7.60 | 2.48 | 590,146 | 7.02 | 2.55 |
| Sanlam Ltd. | 4,993 | 86,343 | 7.66 | 2.50 | 81,350 | 6.73 | 2.45 |
| Life Insurance Total | 44,462 | 750,461 | 22.70 | 7.41 | 705,999 | 20.64 | 7.50 |
| OUTsurance Group Ltd. | -11,595 | 94,490 | 7.40 | 2.42 | 106,085 | 7.39 | 2.69 |
| Non-life Insurance Total | -11,595 | 94,490 | 7.40 | 2.42 | 106,085 | 7.39 | 2.69 |
| Bid Corporation Ltd. | 1,143 | 16,875 | 7.89 | 2.58 | 15,732 | 6.91 | 2.51 |
| Clicks Group Ltd. | 919 | 20,660 | 7.66 | 2.50 | 19,741 | 6.69 | 2.43 |
| Shoprite Holdings Ltd. | 3,274 | 27,697 | 7.67 | 2.51 | 24,423 | 6.66 | 2.42 |
| Personal Care, Drug and Grocery Stores Total | 5,336 | 65,232 | 23.22 | 7.58 | 59,896 | 20.26 | 7.36 |
| Compagnie Financière Richemont SA | 297 | 2,273 | 7.57 | 2.47 | 1,976 | 6.26 | 2.28 |
| Personal Goods Total | 297 | 2,273 | 7.57 | 2.47 | 1,976 | 6.26 | 2.28 |
| Aspen Pharmacare Holdings Ltd. | 25,046 | 62,754 | 7.50 | 2.45 | 37,708 | 6.17 | 2.24 |
| Pharmaceuticals and Biotechnology Total | 25,046 | 62,754 | 7.50 | 2.45 | 37,708 | 6.17 | 2.24 |
| AngloGold Ashanti plc | -3,063 | 8,350 | 6.69 | 2.18 | 11,413 | 7.84 | 2.85 |
| Gold Fields Ltd. | -1,658 | 16,589 | 6.90 | 2.25 | 18,247 | 7.40 | 2.69 |
| Harmony Gold Mining Company Ltd. | -2,501 | 28,088 | 6.88 | 2.25 | 30,589 | 8.15 | 2.96 |
| Impala Platinum Holdings Ltd. | -9,059 | 50,220 | 7.98 | 2.61 | 59,279 | 7.46 | 2.71 |
| Northam Platinum Holdings Ltd. | 43,913 | 43,913 | 8.42 | 2.75 | 0 | 0.00 | 0.00 |
| Sibanye Stillwater Ltd. | -137,512 | 244,780 | 7.90 | 2.58 | 382,292 | 7.96 | 2.89 |
| Valterra Platinum Ltd. | -52 | 9,835 | 7.77 | 2.54 | 9,887 | 7.26 | 2.64 |
| Precious Metals and Mining Total | -109,932 | 401,775 | 52.53 | 17.16 | 511,707 | 46.08 | 16.74 |
| NEPI Rockcastle NV | 2,866 | 55,690 | 7.52 | 2.45 | 52,824 | 7.00 | 2.54 |
| Real Estate Investment and Services Total | 2,866 | 55,690 | 7.52 | 2.45 | 52,824 | 7.00 | 2.54 |
| Growthpoint Properties Ltd. | 66,792 | 574,407 | 7.69 | 2.51 | 507,615 | 6.57 | 2.39 |
| Real Estate Investment Trusts Total | 66,792 | 574,407 | 7.69 | 2.51 | 507,615 | 6.57 | 2.39 |
| Mr Price Group Ltd. | 5,458 | 35,124 | 7.78 | 2.54 | 29,666 | 6.57 | 2.39 |
| Pepkor Holdings Ltd. | 154 | 276,393 | 7.53 | 2.46 | 276,239 | 7.05 | 2.56 |
| Woolworths Holdings Ltd. | 20,733 | 146,151 | 7.56 | 2.47 | 125,418 | 6.40 | 2.32 |
| Retailers Total | 26,345 | 457,668 | 22.87 | 7.47 | 431,323 | 20.02 | 7.27 |
| Naspers Ltd. | -22 | 1,410 | 7.78 | 2.54 | 1,432 | 6.47 | 2.35 |
| Prosus NV | -9 | 7,843 | 7.78 | 2.54 | 7,852 | 6.61 | 2.40 |
| Software and Computer Services Total | -31 | 9,253 | 15.55 | 5.08 | 9,284 | 13.08 | 4.75 |
| MTN Group Ltd. | -2,995 | 56,530 | 7.96 | 2.60 | 59,525 | 7.34 | 2.67 |
| Vodacom Group Ltd. | -2,835 | 55,446 | 7.58 | 2.48 | 58,281 | 7.31 | 2.66 |
| Telecommunications Service Providers Total | -5,830 | 111,976 | 15.54 | 5.08 | 117,806 | 14.65 | 5.32 |
| British American Tobacco plc | -495 | 8,570 | 7.21 | 2.35 | 9,065 | 6.84 | 2.49 |
| Tobacco Total | -495 | 8,570 | 7.21 | 2.35 | 9,065 | 6.84 | 2.49 |
| Portfolio Total | -6,608 | 3,108,144 | 306.19 | 100.00 | 3,114,752 | 275.25 | 100.00 |