| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -45,090 | 736,800 | 133.43 | 2.10 | 781,890 | 137.61 | 2.34 |
| Capitec Bank Holdings Ltd. | -4,680 | 76,476 | 265.68 | 4.18 | 81,156 | 288.18 | 4.91 |
| FirstRand Ltd. | -277,084 | 4,527,696 | 351.62 | 5.54 | 4,804,780 | 363.67 | 6.19 |
| Investec Ltd. | -13,446 | 219,717 | 28.15 | 0.44 | 233,163 | 30.84 | 0.53 |
| Investec plc | -25,099 | 320,465 | 41.06 | 0.65 | 345,564 | 45.67 | 0.78 |
| Nedbank Group Ltd. | -24,775 | 404,836 | 86.43 | 1.36 | 429,611 | 104.42 | 1.78 |
| Standard Bank Group Ltd. | -71,453 | 1,167,567 | 276.00 | 4.34 | 1,239,020 | 281.91 | 4.80 |
| Banks Total | -461,627 | 7,453,557 | 1,182.37 | 18.61 | 7,915,184 | 1,252.31 | 21.33 |
| Anheuser-Busch InBev SA/NV | -9,431 | 77,796 | 79.87 | 1.26 | 87,227 | 106.30 | 1.81 |
| Beverages Total | -9,431 | 77,796 | 79.87 | 1.26 | 87,227 | 106.30 | 1.81 |
| Cash on call | 0 | 0 | 14.33 | 0.23 | 0 | 97.95 | 1.67 |
| Margin Account | 0 | 0 | 5.49 | 0.09 | 0 | 0.66 | 0.01 |
| Cash on call Total | 0 | 0 | 19.82 | 0.31 | 0 | 98.61 | 1.68 |
| Sasol Ltd. | -31,901 | 521,280 | 56.02 | 0.88 | 553,181 | 43.57 | 0.74 |
| Chemicals Total | -31,901 | 521,280 | 56.02 | 0.88 | 553,181 | 43.57 | 0.74 |
| Equity Derivative | 0 | 0 | 66.40 | 1.05 | 0 | 7.18 | 0.12 |
| Derivatives Total | 0 | 0 | 66.40 | 1.05 | 0 | 7.18 | 0.12 |
| Mondi plc | -9,578 | 167,781 | 39.53 | 0.62 | 177,359 | 51.63 | 0.88 |
| The Bidvest Group Ltd. | -18,482 | 302,007 | 63.97 | 1.01 | 320,489 | 74.84 | 1.27 |
| General Industrials Total | -28,060 | 469,788 | 103.50 | 1.63 | 497,848 | 126.47 | 2.15 |
| Anglo American plc | -20,712 | 284,568 | 183.97 | 2.90 | 305,280 | 160.47 | 2.73 |
| BHP Group Ltd. | -13,717 | 136,316 | 64.97 | 1.02 | 150,033 | 64.06 | 1.09 |
| Glencore plc | 761,887 | 761,887 | 60.72 | 0.96 | 0 | 0.00 | 0.00 |
| Industrial Metals and Mining Total | 727,458 | 1,182,771 | 309.67 | 4.87 | 455,313 | 224.53 | 3.82 |
| Reinet Investments SCA | -7,241 | 118,326 | 59.75 | 0.94 | 125,567 | 72.35 | 1.23 |
| Remgro Ltd. | -27,119 | 443,141 | 74.33 | 1.17 | 470,260 | 74.40 | 1.27 |
| Investment Banking and Brokerage Services Total | -34,360 | 561,467 | 134.08 | 2.11 | 595,827 | 146.74 | 2.50 |
| Discovery Ltd. | -29,223 | 477,525 | 94.07 | 1.48 | 506,748 | 108.85 | 1.85 |
| Old Mutual Ltd. | -223,841 | 3,657,669 | 48.83 | 0.77 | 3,881,510 | 46.85 | 0.80 |
| Sanlam Ltd. | -95,418 | 1,559,160 | 130.33 | 2.05 | 1,654,578 | 146.71 | 2.50 |
| Life Insurance Total | -348,482 | 5,694,354 | 273.23 | 4.30 | 6,042,836 | 302.41 | 5.15 |
| OUTsurance Group Ltd. | -46,496 | 759,774 | 54.48 | 0.86 | 806,270 | 63.16 | 1.08 |
| Non-life Insurance Total | -46,496 | 759,774 | 54.48 | 0.86 | 806,270 | 63.16 | 1.08 |
| Bid Corporation Ltd. | -18,264 | 298,442 | 129.00 | 2.03 | 316,706 | 148.04 | 2.52 |
| Clicks Group Ltd. | -12,895 | 210,704 | 74.26 | 1.17 | 223,599 | 82.96 | 1.41 |
| Shoprite Holdings Ltd. | -25,687 | 419,734 | 115.01 | 1.81 | 445,421 | 123.36 | 2.10 |
| Personal Care, Drug and Grocery Stores Total | -56,846 | 928,880 | 318.27 | 5.01 | 985,726 | 354.35 | 6.04 |
| Compagnie Financière Richemont SA | -3,436 | 41,714 | 136.37 | 2.15 | 45,150 | 150.39 | 2.56 |
| Personal Goods Total | -3,436 | 41,714 | 136.37 | 2.15 | 45,150 | 150.39 | 2.56 |
| Aspen Pharmacare Holdings Ltd. | -365,231 | 0 | 0.00 | 0.00 | 365,231 | 43.64 | 0.74 |
| Pharmaceuticals and Biotechnology Total | -365,231 | 0 | 0.00 | 0.00 | 365,231 | 43.64 | 0.74 |
| AngloGold Ashanti plc | -19,271 | 314,892 | 382.13 | 6.02 | 334,163 | 267.63 | 4.56 |
| Gold Fields Ltd. | -48,014 | 784,570 | 572.02 | 9.00 | 832,584 | 346.17 | 5.90 |
| Harmony Gold Mining Company Ltd. | -29,734 | 485,881 | 152.98 | 2.41 | 515,615 | 126.23 | 2.15 |
| Impala Platinum Holdings Ltd. | -42,562 | 695,493 | 153.39 | 2.41 | 738,055 | 117.30 | 2.00 |
| Northam Platinum Holdings Ltd. | -19,222 | 314,103 | 88.26 | 1.39 | 333,325 | 63.90 | 1.09 |
| Sibanye Stillwater Ltd. | -152,778 | 2,496,469 | 123.05 | 1.94 | 2,649,247 | 85.46 | 1.46 |
| Valterra Platinum Ltd. | 74,772 | 194,290 | 240.02 | 3.78 | 119,518 | 94.46 | 1.61 |
| Precious Metals and Mining Total | -236,809 | 5,285,698 | 1,711.86 | 26.95 | 5,522,507 | 1,101.15 | 18.76 |
| NEPI Rockcastle NV | -32,204 | 526,230 | 72.77 | 1.15 | 558,434 | 75.36 | 1.28 |
| Real Estate Investment and Services Total | -32,204 | 526,230 | 72.77 | 1.15 | 558,434 | 75.36 | 1.28 |
| Growthpoint Properties Ltd. | -183,455 | 2,997,741 | 44.16 | 0.70 | 3,181,196 | 42.60 | 0.73 |
| Real Estate Investment Trusts Total | -183,455 | 2,997,741 | 44.16 | 0.70 | 3,181,196 | 42.60 | 0.73 |
| Mr Price Group Ltd. | -13,738 | 224,487 | 45.73 | 0.72 | 238,225 | 52.75 | 0.90 |
| Pepkor Holdings Ltd. | 783,144 | 3,280,982 | 79.76 | 1.26 | 2,497,838 | 68.02 | 1.16 |
| Woolworths Holdings Ltd. | -48,951 | 799,878 | 40.23 | 0.63 | 848,829 | 43.94 | 0.75 |
| Retailers Total | 720,455 | 4,305,347 | 165.71 | 2.61 | 3,584,892 | 164.70 | 2.81 |
| Naspers Ltd. | -8,611 | 140,722 | 880.17 | 13.86 | 149,333 | 823.63 | 14.03 |
| Prosus NV | -25,739 | 239,754 | 290.27 | 4.57 | 265,493 | 263.27 | 4.48 |
| Software and Computer Services Total | -34,350 | 380,476 | 1,170.44 | 18.42 | 414,826 | 1,086.89 | 18.51 |
| MTN Group Ltd. | -141,474 | 1,563,664 | 226.73 | 3.57 | 1,705,138 | 240.15 | 4.09 |
| Vodacom Group Ltd. | -32,429 | 529,912 | 70.63 | 1.11 | 562,341 | 76.87 | 1.31 |
| Telecommunications Service Providers Total | -173,903 | 2,093,576 | 297.36 | 4.68 | 2,267,479 | 317.02 | 5.40 |
| British American Tobacco plc | -23,574 | 171,184 | 156.15 | 2.46 | 194,758 | 163.75 | 2.79 |
| Tobacco Total | -23,574 | 171,184 | 156.15 | 2.46 | 194,758 | 163.75 | 2.79 |
| Portfolio Total | -622,252 | 33,451,633 | 6,352.56 | 100.00 | 34,073,885 | 5,871.14 | 100.00 |