| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Montauk Renewables Inc. | 0 | 26,898 | 1.08 | 0.02 | 26,898 | 1.04 | 0.02 |
| Alternative Energy Total | 0 | 26,898 | 1.08 | 0.02 | 26,898 | 1.04 | 0.02 |
| Absa Group Ltd. | -27,185 | 511,363 | 90.00 | 1.99 | 538,548 | 95.32 | 2.15 |
| Capitec Bank Holdings Ltd. | -2,051 | 53,508 | 190.00 | 4.21 | 55,559 | 172.38 | 3.90 |
| FirstRand Ltd. | -143,739 | 3,156,285 | 238.90 | 5.29 | 3,300,024 | 237.07 | 5.36 |
| Investec Ltd. | -4,307 | 148,764 | 19.68 | 0.44 | 153,071 | 17.45 | 0.39 |
| Investec plc | -13,939 | 227,504 | 30.07 | 0.67 | 241,443 | 27.50 | 0.62 |
| Nedbank Group Ltd. | -15,129 | 280,794 | 68.25 | 1.51 | 295,923 | 76.13 | 1.72 |
| Standard Bank Group Ltd. | -47,821 | 814,505 | 185.32 | 4.10 | 862,326 | 206.45 | 4.67 |
| Banks Total | -254,171 | 5,192,723 | 822.22 | 18.20 | 5,446,894 | 832.29 | 18.81 |
| Anheuser-Busch InBev SA/NV | 1,428 | 57,968 | 70.64 | 1.56 | 56,540 | 63.92 | 1.45 |
| Beverages Total | 1,428 | 57,968 | 70.64 | 1.56 | 56,540 | 63.92 | 1.45 |
| Cash on call | 0 | 0 | 8.81 | 0.20 | 0 | 13.01 | 0.29 |
| Margin Account | 0 | 0 | 3.25 | 0.07 | 0 | 2.55 | 0.06 |
| Cash on call Total | 0 | 0 | 12.06 | 0.27 | 0 | 15.56 | 0.35 |
| AECI Ltd. | -197 | 66,788 | 7.08 | 0.16 | 66,985 | 6.51 | 0.15 |
| Omnia Holdings Ltd. | -6,713 | 103,045 | 8.19 | 0.18 | 109,758 | 7.37 | 0.17 |
| Sasol Ltd. | -17,445 | 363,691 | 28.64 | 0.63 | 381,136 | 29.16 | 0.66 |
| Chemicals Total | -24,355 | 533,524 | 43.92 | 0.97 | 557,879 | 43.04 | 0.97 |
| PPC Ltd. | 25,517 | 851,306 | 4.40 | 0.10 | 825,789 | 3.80 | 0.09 |
| Raubex Group Ltd. | -8,075 | 110,842 | 4.93 | 0.11 | 118,917 | 5.24 | 0.12 |
| Wilson Bayly Holmes - Ovcon Ltd. | -2,402 | 34,447 | 6.36 | 0.14 | 36,849 | 6.65 | 0.15 |
| Construction and Materials Total | 15,040 | 996,595 | 15.70 | 0.35 | 981,555 | 15.70 | 0.35 |
| ADvTECH Ltd. | -38,756 | 298,600 | 9.77 | 0.22 | 337,356 | 11.11 | 0.25 |
| Curro Holdings Ltd. | -11,475 | 308,907 | 2.78 | 0.06 | 320,382 | 2.69 | 0.06 |
| Consumer Services Total | -50,231 | 607,507 | 12.55 | 0.28 | 657,738 | 13.80 | 0.31 |
| Equity Derivative | 0 | 0 | 36.81 | 0.81 | 0 | 44.38 | 1.00 |
| Derivatives Total | 0 | 0 | 36.81 | 0.81 | 0 | 44.38 | 1.00 |
| Reunert Ltd. | -14,655 | 87,100 | 5.01 | 0.11 | 101,755 | 6.16 | 0.14 |
| Electronic and Electrical Equipment Total | -14,655 | 87,100 | 5.01 | 0.11 | 101,755 | 6.16 | 0.14 |
| Astral Foods Ltd. | 724 | 26,831 | 4.76 | 0.11 | 26,107 | 4.26 | 0.10 |
| AVI Ltd. | -6,531 | 212,406 | 19.99 | 0.44 | 218,937 | 19.41 | 0.44 |
| Oceana Group Ltd. | -2,077 | 55,905 | 2.93 | 0.06 | 57,982 | 3.36 | 0.08 |
| Tiger Brands Ltd. | -5,932 | 96,805 | 30.87 | 0.68 | 102,737 | 28.55 | 0.65 |
| Food Producers Total | -13,816 | 391,947 | 58.56 | 1.30 | 405,763 | 55.58 | 1.26 |
| Barloworld Ltd. | -32,823 | 87,452 | 9.87 | 0.22 | 120,275 | 12.71 | 0.29 |
| KAP Ltd. | 160,780 | 1,822,275 | 3.74 | 0.08 | 1,661,495 | 4.20 | 0.10 |
| Mondi plc | -8,905 | 115,392 | 33.59 | 0.74 | 124,297 | 33.83 | 0.76 |
| The Bidvest Group Ltd. | -10,622 | 207,126 | 48.37 | 1.07 | 217,748 | 51.28 | 1.16 |
| General Industrials Total | 108,430 | 2,232,245 | 95.57 | 2.12 | 2,123,815 | 102.03 | 2.31 |
| Life Healthcare Group Holdings Ltd. | -59,956 | 866,770 | 12.38 | 0.27 | 926,726 | 12.82 | 0.29 |
| Netcare Ltd. | -58,479 | 845,417 | 11.79 | 0.26 | 903,896 | 11.90 | 0.27 |
| Health Care Providers Total | -118,435 | 1,712,187 | 24.17 | 0.54 | 1,830,622 | 24.72 | 0.56 |
| Sappi Ltd. | -12,322 | 377,897 | 11.25 | 0.25 | 390,219 | 14.12 | 0.32 |
| Industrial Materials Total | -12,322 | 377,897 | 11.25 | 0.25 | 390,219 | 14.12 | 0.32 |
| African Rainbow Minerals Ltd. | -4,585 | 62,941 | 10.83 | 0.24 | 67,526 | 9.85 | 0.22 |
| Afrimat Ltd. | -15,339 | 76,173 | 3.35 | 0.07 | 91,512 | 5.32 | 0.12 |
| Anglo American plc | -46,040 | 200,654 | 105.47 | 2.33 | 246,694 | 126.05 | 2.85 |
| BHP Group Ltd. | -8,699 | 99,805 | 42.61 | 0.94 | 108,504 | 47.61 | 1.08 |
| Glencore plc | 44,071 | 409,413 | 28.47 | 0.63 | 365,342 | 24.58 | 0.56 |
| Kumba Iron Ore Ltd. | -2,353 | 32,970 | 9.40 | 0.21 | 35,323 | 11.02 | 0.25 |
| South32 Ltd. | 4 | 199,556 | 6.81 | 0.15 | 199,552 | 7.39 | 0.17 |
| Industrial Metals and Mining Total | -32,941 | 1,081,512 | 206.95 | 4.58 | 1,114,453 | 231.83 | 5.24 |
| Hudaco Industries Ltd. | -671 | 18,057 | 3.57 | 0.08 | 18,728 | 3.51 | 0.08 |
| Industrial Support Services Total | -671 | 18,057 | 3.57 | 0.08 | 18,728 | 3.51 | 0.08 |
| Grindrod Ltd. | 9,051 | 395,579 | 4.93 | 0.11 | 386,528 | 4.71 | 0.11 |
| Super Group Ltd. | -13,748 | 211,074 | 3.34 | 0.07 | 224,822 | 6.30 | 0.14 |
| Industrial Transportation Total | -4,697 | 606,653 | 8.27 | 0.18 | 611,350 | 11.01 | 0.25 |
| Alexander Forbes Group Holdings Ltd. | -14,042 | 147,052 | 1.32 | 0.03 | 161,094 | 1.23 | 0.03 |
| Coronation Fund Managers Ltd. | 228 | 184,422 | 7.29 | 0.16 | 184,194 | 7.16 | 0.16 |
| Hosken Consolidated Investments Ltd. | 1,487 | 29,763 | 3.79 | 0.08 | 28,276 | 3.82 | 0.09 |
| JSE Ltd. | -3,763 | 51,651 | 6.88 | 0.15 | 55,414 | 6.87 | 0.16 |
| Ninety One Ltd. | -9,313 | 127,827 | 5.54 | 0.12 | 137,140 | 4.77 | 0.11 |
| Ninety One plc | 2,538 | 118,228 | 5.28 | 0.12 | 115,690 | 4.02 | 0.09 |
| PSG Financial Services Ltd. | -43,026 | 622,035 | 13.77 | 0.30 | 665,061 | 12.01 | 0.27 |
| Quilter plc | -45,451 | 489,825 | 18.62 | 0.41 | 535,276 | 18.71 | 0.42 |
| Reinet Investments SCA | -4,021 | 82,001 | 47.24 | 1.05 | 86,022 | 38.30 | 0.87 |
| Remgro Ltd. | -18,892 | 308,356 | 48.78 | 1.08 | 327,248 | 51.64 | 1.17 |
| Investment Banking and Brokerage Services Total | -134,255 | 2,161,160 | 158.52 | 3.51 | 2,295,415 | 148.52 | 3.36 |
| Discovery Ltd. | -16,242 | 331,125 | 71.13 | 1.57 | 347,367 | 69.30 | 1.57 |
| Momentum Group Ltd. | -57,396 | 795,784 | 27.29 | 0.60 | 853,180 | 26.63 | 0.60 |
| Old Mutual Ltd. | -218,473 | 2,499,019 | 30.16 | 0.67 | 2,717,492 | 32.34 | 0.73 |
| Sanlam Ltd. | 8,769 | 1,088,128 | 96.48 | 2.14 | 1,079,359 | 89.32 | 2.02 |
| Life Insurance Total | -283,342 | 4,714,056 | 225.06 | 4.98 | 4,997,398 | 217.58 | 4.92 |
| OUTsurance Group Ltd. | -32,544 | 531,171 | 41.61 | 0.92 | 563,715 | 39.29 | 0.89 |
| Santam Ltd. | -1,671 | 25,658 | 10.98 | 0.24 | 27,329 | 10.20 | 0.23 |
| Non-life Insurance Total | -34,215 | 556,829 | 52.59 | 1.16 | 591,044 | 49.49 | 1.12 |
| Exxaro Resources Ltd. | -4,993 | 150,404 | 22.10 | 0.49 | 155,397 | 23.05 | 0.52 |
| Thungela Resources Ltd. | -4,549 | 69,836 | 5.92 | 0.13 | 74,385 | 7.51 | 0.17 |
| Oil, Gas and Coal Total | -9,542 | 220,240 | 28.02 | 0.62 | 229,782 | 30.56 | 0.69 |
| Bid Corporation Ltd. | -9,488 | 207,322 | 96.91 | 2.15 | 216,810 | 95.28 | 2.15 |
| Boxer Retail Ltd. | -6,756 | 100,485 | 6.96 | 0.15 | 107,241 | 7.53 | 0.17 |
| Clicks Group Ltd. | -7,579 | 146,954 | 54.52 | 1.21 | 154,533 | 52.34 | 1.18 |
| Dis-Chem Pharmacies Ltd. | -21,626 | 310,137 | 10.02 | 0.22 | 331,763 | 10.05 | 0.23 |
| Pick n Pay Stores Ltd. | -5,551 | 341,657 | 9.16 | 0.20 | 347,208 | 9.52 | 0.22 |
| Shoprite Holdings Ltd. | -18,099 | 295,393 | 81.81 | 1.81 | 313,492 | 85.49 | 1.93 |
| The SPAR Group Ltd. | -8,758 | 118,309 | 12.76 | 0.28 | 127,067 | 15.02 | 0.34 |
| Personal Care, Drug and Grocery Stores Total | -77,857 | 1,520,257 | 272.13 | 6.02 | 1,598,114 | 275.24 | 6.22 |
| Compagnie Financière Richemont SA | -2,868 | 30,016 | 99.98 | 2.21 | 32,884 | 104.24 | 2.36 |
| Personal Goods Total | -2,868 | 30,016 | 99.98 | 2.21 | 32,884 | 104.24 | 2.36 |
| Adcock Ingram Holdings Ltd. | -3,471 | 36,356 | 1.83 | 0.04 | 39,827 | 1.93 | 0.04 |
| Aspen Pharmacare Holdings Ltd. | -10,720 | 242,308 | 28.95 | 0.64 | 253,028 | 41.43 | 0.94 |
| Pharmaceuticals and Biotechnology Total | -14,191 | 278,664 | 30.79 | 0.68 | 292,855 | 43.36 | 0.98 |
| AngloGold Ashanti plc | -4,510 | 219,934 | 176.15 | 3.90 | 224,444 | 154.15 | 3.48 |
| DRDGOLD Ltd. | -17,089 | 262,334 | 6.23 | 0.14 | 279,423 | 7.94 | 0.18 |
| Gold Fields Ltd. | -26,809 | 547,553 | 227.66 | 5.04 | 574,362 | 232.86 | 5.26 |
| Harmony Gold Mining Company Ltd. | -23,004 | 340,568 | 83.37 | 1.85 | 363,572 | 96.89 | 2.19 |
| Impala Platinum Holdings Ltd. | -39,489 | 485,235 | 77.12 | 1.71 | 524,724 | 66.07 | 1.49 |
| Northam Platinum Holdings Ltd. | -10,654 | 218,609 | 41.91 | 0.93 | 229,263 | 30.02 | 0.68 |
| Pan African Resources plc | -70,063 | 1,004,764 | 11.14 | 0.25 | 1,074,827 | 11.03 | 0.25 |
| Sibanye Stillwater Ltd. | -91,264 | 1,737,931 | 56.07 | 1.24 | 1,829,195 | 38.10 | 0.86 |
| Valterra Platinum Ltd. | 20,612 | 78,225 | 61.82 | 1.37 | 57,613 | 42.31 | 0.96 |
| Precious Metals and Mining Total | -262,270 | 4,895,153 | 741.46 | 16.41 | 5,157,423 | 679.36 | 15.36 |
| Fortress Real Estate Investments Ltd. | -20,211 | 800,271 | 16.07 | 0.36 | 820,482 | 15.47 | 0.35 |
| Lighthouse Properties plc | -102,455 | 668,916 | 5.44 | 0.12 | 771,371 | 6.12 | 0.14 |
| MAS plc | -20,755 | 297,653 | 7.22 | 0.16 | 318,408 | 5.75 | 0.13 |
| NEPI Rockcastle NV | -22,192 | 362,208 | 48.88 | 1.08 | 384,400 | 50.94 | 1.15 |
| Real Estate Investment and Services Total | -165,613 | 2,129,048 | 77.61 | 1.72 | 2,294,661 | 78.29 | 1.77 |
| Attacq Ltd. | 1,464 | 500,058 | 7.03 | 0.16 | 498,594 | 6.48 | 0.15 |
| Burstone Group Ltd. | -7,172 | 380,864 | 3.09 | 0.07 | 388,036 | 3.21 | 0.07 |
| Emira Property Fund Ltd. | -13,178 | 138,008 | 1.52 | 0.03 | 151,186 | 1.57 | 0.04 |
| Equites Property Fund Ltd. | -36,265 | 520,066 | 7.86 | 0.17 | 556,331 | 7.82 | 0.18 |
| Fairvest Ltd. | -76,654 | 1,099,302 | 5.74 | 0.13 | 1,175,956 | 5.53 | 0.12 |
| Growthpoint Properties Ltd. | -124,956 | 2,039,501 | 27.31 | 0.60 | 2,164,457 | 28.03 | 0.63 |
| Hammerson plc | -4,480 | 66,348 | 4.93 | 0.11 | 70,828 | 4.15 | 0.09 |
| Hyprop Investments Ltd. | -5,078 | 241,649 | 10.33 | 0.23 | 246,727 | 10.29 | 0.23 |
| Redefine Properties Ltd. | -237,315 | 4,327,365 | 19.82 | 0.44 | 4,564,680 | 19.08 | 0.43 |
| Resilient REIT Ltd. | -23,996 | 181,008 | 10.91 | 0.24 | 205,004 | 11.66 | 0.26 |
| SA Corporate Real Estate Ltd. | -122,576 | 1,757,865 | 5.48 | 0.12 | 1,880,441 | 5.02 | 0.11 |
| Shaftesbury Capital plc | 38,740 | 101,612 | 3.94 | 0.09 | 62,872 | 1.86 | 0.04 |
| Sirius Real Estate Ltd. | 6,640 | 305,287 | 7.24 | 0.16 | 298,647 | 6.03 | 0.14 |
| Stor-Age Property REIT Ltd. | 15,779 | 276,951 | 4.42 | 0.10 | 261,172 | 3.81 | 0.09 |
| Vukile Property Fund Ltd. | -11,429 | 784,728 | 15.40 | 0.34 | 796,157 | 13.89 | 0.31 |
| Real Estate Investment Trusts Total | -600,476 | 12,720,612 | 135.03 | 2.99 | 13,321,088 | 128.42 | 2.90 |
| Cashbuild Ltd. | -411 | 13,861 | 2.13 | 0.05 | 14,272 | 2.16 | 0.05 |
| Italtile Ltd. | -10,674 | 287,326 | 2.87 | 0.06 | 298,000 | 3.05 | 0.07 |
| Motus Holdings Ltd. | -11,244 | 92,251 | 8.68 | 0.19 | 103,495 | 9.02 | 0.20 |
| Mr Price Group Ltd. | -3,945 | 156,867 | 34.74 | 0.77 | 160,812 | 35.63 | 0.81 |
| Pepkor Holdings Ltd. | -53,544 | 1,637,241 | 44.58 | 0.99 | 1,690,785 | 43.17 | 0.98 |
| The Foschini Group Ltd. | -7,221 | 202,572 | 26.12 | 0.58 | 209,793 | 26.08 | 0.59 |
| Truworths International Ltd. | -12,393 | 225,973 | 16.14 | 0.36 | 238,366 | 17.15 | 0.39 |
| We Buy Cars Holdings Ltd. | -1,551 | 144,109 | 8.63 | 0.19 | 145,660 | 6.14 | 0.14 |
| Woolworths Holdings Ltd. | -29,406 | 536,208 | 27.75 | 0.61 | 565,614 | 28.85 | 0.65 |
| Retailers Total | -130,389 | 3,296,408 | 171.64 | 3.80 | 3,426,797 | 171.24 | 3.87 |
| Altron Ltd. | -3,041 | 161,468 | 3.57 | 0.08 | 164,509 | 3.41 | 0.08 |
| Bytes Technology Group plc | 3,263 | 43,513 | 5.48 | 0.12 | 40,250 | 4.64 | 0.10 |
| Datatec Ltd. | -9,543 | 130,988 | 8.55 | 0.19 | 140,531 | 7.80 | 0.18 |
| Naspers Ltd. | -10,598 | 98,553 | 543.56 | 12.03 | 109,151 | 493.14 | 11.15 |
| Prosus NV | -20,351 | 174,951 | 173.48 | 3.84 | 195,302 | 164.37 | 3.72 |
| Software and Computer Services Total | -40,270 | 609,473 | 734.64 | 16.26 | 649,743 | 673.36 | 15.22 |
| Blu Label Unlimited Group Ltd. | -22,155 | 320,294 | 4.58 | 0.10 | 342,449 | 2.60 | 0.06 |
| MTN Group Ltd. | -55,355 | 1,123,359 | 158.21 | 3.50 | 1,178,714 | 145.25 | 3.28 |
| MultiChoice Group Ltd. | -11,633 | 133,737 | 15.70 | 0.35 | 145,370 | 15.95 | 0.36 |
| Telkom SA SOC Ltd. | -12,201 | 167,484 | 9.04 | 0.20 | 179,685 | 6.67 | 0.15 |
| Vodacom Group Ltd. | -22,692 | 370,362 | 50.63 | 1.12 | 393,054 | 49.31 | 1.11 |
| Telecommunications Service Providers Total | -124,036 | 2,115,236 | 238.17 | 5.27 | 2,239,272 | 219.78 | 4.97 |
| British American Tobacco plc | -17,848 | 129,180 | 108.61 | 2.40 | 147,028 | 110.95 | 2.51 |
| Tobacco Total | -17,848 | 129,180 | 108.61 | 2.40 | 147,028 | 110.95 | 2.51 |
| Famous Brands Ltd. | -1,583 | 53,332 | 3.34 | 0.07 | 54,915 | 3.19 | 0.07 |
| Southern Sun Ltd. | -33,855 | 479,222 | 4.23 | 0.09 | 513,077 | 4.26 | 0.10 |
| Sun International Ltd. | -7,439 | 105,293 | 4.60 | 0.10 | 112,732 | 4.67 | 0.11 |
| Tsogo Sun Ltd. | -6,154 | 326,816 | 2.51 | 0.06 | 332,970 | 2.75 | 0.06 |
| Travel and Leisure Total | -49,031 | 964,663 | 14.68 | 0.32 | 1,013,694 | 14.86 | 0.34 |
| Portfolio Total | -2,347,599 | 50,263,808 | 4,517.25 | 100.00 | 52,611,407 | 4,423.96 | 100.00 |