| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -957 | 20,218 | 3.56 | 2.15 | 21,175 | 3.75 | 2.39 |
| Capitec Bank Holdings Ltd. | -42 | 886 | 3.15 | 1.90 | 928 | 2.88 | 1.84 |
| FirstRand Ltd. | -6,078 | 128,384 | 9.72 | 5.88 | 134,462 | 9.66 | 6.17 |
| Investec plc | -938 | 19,807 | 2.62 | 1.58 | 20,745 | 2.36 | 1.51 |
| Nedbank Group Ltd. | -471 | 9,959 | 2.42 | 1.46 | 10,430 | 2.68 | 1.71 |
| Standard Bank Group Ltd. | -1,168 | 24,670 | 5.61 | 3.40 | 25,838 | 6.19 | 3.95 |
| Banks Total | -9,654 | 203,924 | 27.07 | 16.38 | 213,578 | 27.52 | 17.57 |
| Anheuser-Busch InBev SA/NV | -148 | 3,139 | 3.83 | 2.31 | 3,287 | 3.72 | 2.37 |
| Beverages Total | -148 | 3,139 | 3.83 | 2.31 | 3,287 | 3.72 | 2.37 |
| Cash on call | 0 | 0 | 1.07 | 0.64 | 0 | 0.66 | 0.42 |
| Cash on call Total | 0 | 0 | 1.07 | 0.64 | 0 | 0.66 | 0.42 |
| Sasol Ltd. | -2,255 | 47,637 | 3.75 | 2.27 | 49,892 | 3.82 | 2.44 |
| Chemicals Total | -2,255 | 47,637 | 3.75 | 2.27 | 49,892 | 3.82 | 2.44 |
| Mondi plc | -546 | 11,535 | 3.36 | 2.03 | 12,081 | 3.29 | 2.10 |
| The Bidvest Group Ltd. | -352 | 7,432 | 1.74 | 1.05 | 7,784 | 1.83 | 1.17 |
| General Industrials Total | -898 | 18,967 | 5.09 | 3.08 | 19,865 | 5.12 | 3.27 |
| Anglo American plc | -3,743 | 19,786 | 10.40 | 6.29 | 23,529 | 12.02 | 7.68 |
| BHP Group Ltd. | -396 | 8,361 | 3.57 | 2.16 | 8,757 | 3.84 | 2.45 |
| Glencore plc | -2,976 | 62,863 | 4.37 | 2.65 | 65,839 | 4.43 | 2.83 |
| Kumba Iron Ore Ltd. | -176 | 3,716 | 1.06 | 0.64 | 3,892 | 1.21 | 0.78 |
| Industrial Metals and Mining Total | -7,291 | 94,726 | 19.40 | 11.74 | 102,017 | 21.51 | 13.73 |
| Quilter plc | -1,998 | 42,217 | 1.61 | 0.97 | 44,215 | 1.55 | 0.99 |
| Reinet Investments SCA | -167 | 3,530 | 2.03 | 1.23 | 3,697 | 1.65 | 1.05 |
| Investment Banking and Brokerage Services Total | -2,165 | 45,747 | 3.64 | 2.20 | 47,912 | 3.19 | 2.04 |
| Discovery Ltd. | -505 | 10,676 | 2.29 | 1.39 | 11,181 | 2.23 | 1.42 |
| Old Mutual Ltd. | -6,838 | 144,447 | 1.74 | 1.06 | 151,285 | 1.80 | 1.15 |
| Sanlam Ltd. | -1,467 | 30,996 | 2.75 | 1.66 | 32,463 | 2.69 | 1.72 |
| Life Insurance Total | -8,810 | 186,119 | 6.79 | 4.11 | 194,929 | 6.72 | 4.29 |
| Exxaro Resources Ltd. | -403 | 8,517 | 1.25 | 0.76 | 8,920 | 1.32 | 0.84 |
| Oil, Gas and Coal Total | -403 | 8,517 | 1.25 | 0.76 | 8,920 | 1.32 | 0.84 |
| Bid Corporation Ltd. | -381 | 8,066 | 3.77 | 2.28 | 8,447 | 3.71 | 2.37 |
| Shoprite Holdings Ltd. | -594 | 12,556 | 3.48 | 2.10 | 13,150 | 3.59 | 2.29 |
| Personal Care, Drug and Grocery Stores Total | -975 | 20,622 | 7.25 | 4.39 | 21,597 | 7.30 | 4.66 |
| Compagnie Financière Richemont SA | -30 | 647 | 2.16 | 1.30 | 677 | 2.15 | 1.37 |
| Personal Goods Total | -30 | 647 | 2.16 | 1.30 | 677 | 2.15 | 1.37 |
| Aspen Pharmacare Holdings Ltd. | -551 | 11,640 | 1.39 | 0.84 | 12,191 | 2.00 | 1.27 |
| Pharmaceuticals and Biotechnology Total | -551 | 11,640 | 1.39 | 0.84 | 12,191 | 2.00 | 1.27 |
| AngloGold Ashanti plc | -245 | 5,166 | 4.14 | 2.50 | 5,411 | 3.72 | 2.37 |
| Gold Fields Ltd. | -847 | 17,894 | 7.44 | 4.50 | 18,741 | 7.60 | 4.85 |
| Harmony Gold Mining Company Ltd. | -420 | 8,875 | 2.17 | 1.31 | 9,295 | 2.48 | 1.58 |
| Impala Platinum Holdings Ltd. | -1,832 | 38,705 | 6.15 | 3.72 | 40,537 | 5.10 | 3.26 |
| Northam Platinum Holdings Ltd. | -811 | 17,113 | 3.28 | 1.99 | 17,924 | 2.35 | 1.50 |
| Sibanye Stillwater Ltd. | -18,867 | 398,559 | 12.86 | 7.78 | 417,426 | 8.69 | 5.55 |
| Valterra Platinum Ltd. | 2,045 | 7,651 | 6.05 | 3.66 | 5,606 | 4.12 | 2.63 |
| Precious Metals and Mining Total | -20,977 | 493,963 | 42.09 | 25.47 | 514,940 | 34.05 | 21.74 |
| NEPI Rockcastle NV | -570 | 12,040 | 1.62 | 0.98 | 12,610 | 1.67 | 1.07 |
| Real Estate Investment and Services Total | -570 | 12,040 | 1.62 | 0.98 | 12,610 | 1.67 | 1.07 |
| Mr Price Group Ltd. | -344 | 7,265 | 1.61 | 0.97 | 7,609 | 1.69 | 1.08 |
| Pepkor Holdings Ltd. | -4,308 | 91,009 | 2.48 | 1.50 | 95,317 | 2.43 | 1.55 |
| The Foschini Group Ltd. | -586 | 12,380 | 1.60 | 0.97 | 12,966 | 1.61 | 1.03 |
| Woolworths Holdings Ltd. | -1,369 | 28,932 | 1.50 | 0.91 | 30,301 | 1.55 | 0.99 |
| Retailers Total | -6,607 | 139,586 | 7.18 | 4.35 | 146,193 | 7.28 | 4.65 |
| Naspers Ltd. | -89 | 1,859 | 10.25 | 6.20 | 1,948 | 8.80 | 5.62 |
| Prosus NV | -119 | 2,534 | 2.51 | 1.52 | 2,653 | 2.23 | 1.43 |
| Software and Computer Services Total | -208 | 4,393 | 12.77 | 7.72 | 4,601 | 11.03 | 7.05 |
| MTN Group Ltd. | -3,063 | 64,710 | 9.11 | 5.52 | 67,773 | 8.35 | 5.33 |
| Telecommunications Service Providers Total | -3,063 | 64,710 | 9.11 | 5.52 | 67,773 | 8.35 | 5.33 |
| British American Tobacco plc | -552 | 11,659 | 9.80 | 5.93 | 12,211 | 9.21 | 5.88 |
| Tobacco Total | -552 | 11,659 | 9.80 | 5.93 | 12,211 | 9.21 | 5.88 |
| Portfolio Total | -65,157 | 1,368,036 | 165.25 | 100.00 | 1,433,193 | 156.61 | 100.00 |