| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -8,448 | 21,175 | 3.75 | 2.39 | 29,623 | 5.62 | 3.73 |
| Capitec Bank Holdings Ltd. | 27 | 928 | 2.88 | 1.84 | 901 | 2.82 | 1.87 |
| FirstRand Ltd. | -21,655 | 134,462 | 9.66 | 6.17 | 156,117 | 11.86 | 7.86 |
| Investec plc | 6,972 | 20,745 | 2.36 | 1.51 | 13,773 | 1.75 | 1.16 |
| Nedbank Group Ltd. | -3,143 | 10,430 | 2.68 | 1.71 | 13,573 | 3.82 | 2.53 |
| Standard Bank Group Ltd. | -5,556 | 25,838 | 6.19 | 3.95 | 31,394 | 6.96 | 4.61 |
| Banks Total | -31,803 | 213,578 | 27.52 | 17.57 | 245,381 | 32.83 | 21.76 |
| Anheuser-Busch InBev SA/NV | 1,539 | 3,287 | 3.72 | 2.37 | 1,748 | 1.64 | 1.09 |
| Beverages Total | 1,539 | 3,287 | 3.72 | 2.37 | 1,748 | 1.64 | 1.09 |
| Cash on call | 0 | 0 | 0.66 | 0.42 | 0 | 0.84 | 0.56 |
| Cash on call Total | 0 | 0 | 0.66 | 0.42 | 0 | 0.84 | 0.56 |
| Sasol Ltd. | 9,142 | 49,892 | 3.82 | 2.44 | 40,750 | 3.39 | 2.25 |
| Chemicals Total | 9,142 | 49,892 | 3.82 | 2.44 | 40,750 | 3.39 | 2.25 |
| Mondi plc | -8,129 | 12,081 | 3.29 | 2.10 | 20,210 | 5.61 | 3.72 |
| The Bidvest Group Ltd. | -3,330 | 7,784 | 1.83 | 1.17 | 11,114 | 2.93 | 1.94 |
| General Industrials Total | -11,459 | 19,865 | 5.12 | 3.27 | 31,324 | 8.54 | 5.66 |
| Anglo American plc | -4,298 | 23,529 | 12.02 | 7.68 | 27,827 | 15.36 | 10.18 |
| BHP Group Ltd. | 3,395 | 8,757 | 3.84 | 2.45 | 5,362 | 2.47 | 1.64 |
| Glencore plc | 16,534 | 65,839 | 4.43 | 2.83 | 49,305 | 4.12 | 2.73 |
| Kumba Iron Ore Ltd. | 1,461 | 3,892 | 1.21 | 0.78 | 2,431 | 0.79 | 0.53 |
| Industrial Metals and Mining Total | 17,092 | 102,017 | 21.51 | 13.73 | 84,925 | 22.74 | 15.07 |
| Quilter plc | 44,215 | 44,215 | 1.55 | 0.99 | 0 | 0.00 | 0.00 |
| Reinet Investments SCA | 965 | 3,697 | 1.65 | 1.05 | 2,732 | 1.22 | 0.81 |
| Remgro Ltd. | -12,301 | 0 | 0.00 | 0.00 | 12,301 | 1.91 | 1.26 |
| Investment Banking and Brokerage Services Total | 32,879 | 47,912 | 3.19 | 2.04 | 15,033 | 3.13 | 2.07 |
| Discovery Ltd. | -2,903 | 11,181 | 2.23 | 1.42 | 14,084 | 2.74 | 1.82 |
| Old Mutual Ltd. | 22,906 | 151,285 | 1.80 | 1.15 | 128,379 | 1.61 | 1.06 |
| Sanlam Ltd. | -14,787 | 32,463 | 2.69 | 1.72 | 47,250 | 4.11 | 2.72 |
| Life Insurance Total | 5,216 | 194,929 | 6.72 | 4.29 | 189,713 | 8.45 | 5.60 |
| Exxaro Resources Ltd. | 1,380 | 8,920 | 1.32 | 0.84 | 7,540 | 1.19 | 0.79 |
| Oil, Gas and Coal Total | 1,380 | 8,920 | 1.32 | 0.84 | 7,540 | 1.19 | 0.79 |
| Bid Corporation Ltd. | 1,376 | 8,447 | 3.71 | 2.37 | 7,071 | 3.04 | 2.02 |
| Shoprite Holdings Ltd. | 339 | 13,150 | 3.59 | 2.29 | 12,811 | 3.77 | 2.50 |
| Personal Care, Drug and Grocery Stores Total | 1,715 | 21,597 | 7.30 | 4.66 | 19,882 | 6.82 | 4.52 |
| Compagnie Financière Richemont SA | 48 | 677 | 2.15 | 1.37 | 629 | 1.75 | 1.16 |
| Personal Goods Total | 48 | 677 | 2.15 | 1.37 | 629 | 1.75 | 1.16 |
| Aspen Pharmacare Holdings Ltd. | 3,884 | 12,191 | 2.00 | 1.27 | 8,307 | 1.37 | 0.91 |
| Pharmaceuticals and Biotechnology Total | 3,884 | 12,191 | 2.00 | 1.27 | 8,307 | 1.37 | 0.91 |
| AngloGold Ashanti plc | -2,394 | 5,411 | 3.72 | 2.37 | 7,805 | 3.29 | 2.18 |
| Gold Fields Ltd. | 4,918 | 18,741 | 7.60 | 4.85 | 13,823 | 3.42 | 2.26 |
| Harmony Gold Mining Company Ltd. | 9,295 | 9,295 | 2.48 | 1.58 | 0 | 0.00 | 0.00 |
| Impala Platinum Holdings Ltd. | -22,493 | 40,537 | 5.10 | 3.26 | 63,030 | 5.53 | 3.67 |
| Northam Platinum Holdings Ltd. | 3,465 | 17,924 | 2.35 | 1.50 | 14,459 | 1.41 | 0.93 |
| Sibanye Stillwater Ltd. | 106,204 | 417,426 | 8.69 | 5.55 | 311,222 | 4.66 | 3.09 |
| Valterra Platinum Ltd. | 1,848 | 5,606 | 4.12 | 2.63 | 3,758 | 2.14 | 1.42 |
| Precious Metals and Mining Total | 100,843 | 514,940 | 34.05 | 21.74 | 414,097 | 20.44 | 13.55 |
| NEPI Rockcastle NV | -131 | 12,610 | 1.67 | 1.07 | 12,741 | 1.76 | 1.17 |
| Real Estate Investment and Services Total | -131 | 12,610 | 1.67 | 1.07 | 12,741 | 1.76 | 1.17 |
| Growthpoint Properties Ltd. | -210,704 | 0 | 0.00 | 0.00 | 210,704 | 2.68 | 1.78 |
| Real Estate Investment Trusts Total | -210,704 | 0 | 0.00 | 0.00 | 210,704 | 2.68 | 1.78 |
| Mr Price Group Ltd. | 7,609 | 7,609 | 1.69 | 1.08 | 0 | 0.00 | 0.00 |
| Pepkor Holdings Ltd. | 19,368 | 95,317 | 2.43 | 1.55 | 75,949 | 2.20 | 1.46 |
| The Foschini Group Ltd. | -255 | 12,966 | 1.61 | 1.03 | 13,221 | 2.22 | 1.47 |
| Woolworths Holdings Ltd. | 1,052 | 30,301 | 1.55 | 0.99 | 29,249 | 1.82 | 1.21 |
| Retailers Total | 27,774 | 146,193 | 7.28 | 4.65 | 118,419 | 6.24 | 4.14 |
| Naspers Ltd. | -409 | 1,948 | 8.80 | 5.62 | 2,357 | 9.84 | 6.52 |
| Prosus NV | 110 | 2,653 | 2.23 | 1.43 | 2,543 | 1.90 | 1.26 |
| Software and Computer Services Total | -299 | 4,601 | 11.03 | 7.05 | 4,900 | 11.74 | 7.78 |
| MTN Group Ltd. | 8,278 | 67,773 | 8.35 | 5.33 | 59,495 | 5.47 | 3.63 |
| Vodacom Group Ltd. | -14,272 | 0 | 0.00 | 0.00 | 14,272 | 1.45 | 0.96 |
| Telecommunications Service Providers Total | -5,994 | 67,773 | 8.35 | 5.33 | 73,767 | 6.92 | 4.59 |
| British American Tobacco plc | -214 | 12,211 | 9.21 | 5.88 | 12,425 | 8.41 | 5.57 |
| Tobacco Total | -214 | 12,211 | 9.21 | 5.88 | 12,425 | 8.41 | 5.57 |
| Portfolio Total | -59,092 | 1,433,193 | 156.61 | 100.00 | 1,492,285 | 150.88 | 100.00 |