| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 16,453 | 103,452 | 24.76 | 3.01 | 86,999 | 15.74 | 2.32 |
| Capitec Bank Holdings Ltd. | 1,682 | 8,528 | 35.44 | 4.31 | 6,846 | 23.76 | 3.51 |
| FirstRand Ltd. | 93,117 | 617,312 | 56.02 | 6.81 | 524,195 | 40.80 | 6.02 |
| Investec Ltd. | 1,496 | 3,733 | 0.46 | 0.06 | 2,237 | 0.29 | 0.04 |
| Investec plc | -8,787 | 8,394 | 1.03 | 0.12 | 17,181 | 2.21 | 0.33 |
| Nedbank Group Ltd. | 11,166 | 86,715 | 23.09 | 2.81 | 75,549 | 16.17 | 2.39 |
| Standard Bank Group Ltd. | 17,972 | 120,955 | 35.13 | 4.27 | 102,983 | 24.33 | 3.59 |
| Banks Total | 133,099 | 949,089 | 175.92 | 21.38 | 815,990 | 123.30 | 18.20 |
| Anheuser-Busch InBev SA/NV | 1,897 | 10,282 | 11.01 | 1.34 | 8,385 | 8.66 | 1.28 |
| Beverages Total | 1,897 | 10,282 | 11.01 | 1.34 | 8,385 | 8.66 | 1.28 |
| Cash on call | 0 | 0 | 16.39 | 1.99 | 0 | 12.73 | 1.88 |
| Cash on call Total | 0 | 0 | 16.39 | 1.99 | 0 | 12.73 | 1.88 |
| Sasol Ltd. | -30,767 | 36,463 | 3.87 | 0.47 | 67,230 | 7.22 | 1.07 |
| Chemicals Total | -30,767 | 36,463 | 3.87 | 0.47 | 67,230 | 7.22 | 1.07 |
| Reunert Ltd. | -28 | 5,853 | 0.36 | 0.04 | 5,881 | 0.32 | 0.05 |
| Electronic and Electrical Equipment Total | -28 | 5,853 | 0.36 | 0.04 | 5,881 | 0.32 | 0.05 |
| 1nvestGold ETF | -1,224 | 0 | 0.00 | 0.00 | 1,224 | 0.78 | 0.12 |
| 1nvestPlatinum ETF | -5,601 | 0 | 0.00 | 0.00 | 5,601 | 1.46 | 0.22 |
| Exchange Traded Funds Total | -6,825 | 0 | 0.00 | 0.00 | 6,825 | 2.24 | 0.33 |
| AVI Ltd. | -3,887 | 20,376 | 2.15 | 0.26 | 24,263 | 2.39 | 0.35 |
| Premier Group Ltd. | 9,026 | 9,026 | 1.51 | 0.18 | 0 | 0.00 | 0.00 |
| Tiger Brands Ltd. | 1,872 | 1,872 | 0.69 | 0.08 | 0 | 0.00 | 0.00 |
| Food Producers Total | 7,011 | 31,274 | 4.35 | 0.53 | 24,263 | 2.39 | 0.35 |
| USA - Currency | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| For Currency Total | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| KAP Ltd. | 187,711 | 1,115,454 | 2.14 | 0.26 | 927,743 | 1.56 | 0.23 |
| The Bidvest Group Ltd. | -2,691 | 13,595 | 3.23 | 0.39 | 16,286 | 3.44 | 0.51 |
| General Industrials Total | 185,020 | 1,129,049 | 5.37 | 0.65 | 944,029 | 4.99 | 0.74 |
| Life Healthcare Group Holdings Ltd. | -31,619 | 96,642 | 1.10 | 0.13 | 128,261 | 1.49 | 0.22 |
| Netcare Ltd. | -71,782 | 346,530 | 5.49 | 0.67 | 418,312 | 5.99 | 0.88 |
| Health Care Providers Total | -103,401 | 443,172 | 6.59 | 0.80 | 546,573 | 7.48 | 1.10 |
| Sappi Ltd. | -21,452 | 0 | 0.00 | 0.00 | 21,452 | 0.50 | 0.07 |
| Industrial Materials Total | -21,452 | 0 | 0.00 | 0.00 | 21,452 | 0.50 | 0.07 |
| African Rainbow Minerals Ltd. | 2,430 | 58,929 | 11.72 | 1.42 | 56,499 | 10.48 | 1.55 |
| Afrimat Ltd. | 2,502 | 19,815 | 0.82 | 0.10 | 17,313 | 0.66 | 0.10 |
| Anglo American plc | -4,439 | 4,429 | 3.03 | 0.37 | 8,868 | 5.72 | 0.84 |
| Glencore plc | 44,633 | 287,926 | 26.24 | 3.19 | 243,293 | 19.47 | 2.87 |
| Kumba Iron Ore Ltd. | -3,302 | 1,078 | 0.38 | 0.05 | 4,380 | 1.43 | 0.21 |
| Orion Minerals Ltd. | 10,521,553 | 12,636,444 | 2.78 | 0.34 | 2,114,891 | 0.42 | 0.06 |
| South32 Ltd. | 12,105 | 42,921 | 1.69 | 0.21 | 30,816 | 0.98 | 0.14 |
| Industrial Metals and Mining Total | 10,575,482 | 13,051,542 | 46.66 | 5.67 | 2,476,060 | 39.15 | 5.78 |
| Ninety One Ltd. | -6,452 | 0 | 0.00 | 0.00 | 6,452 | 0.29 | 0.04 |
| Ninety One plc | 7,177 | 42,424 | 2.05 | 0.25 | 35,247 | 1.65 | 0.24 |
| Reinet Investments SCA | -9,918 | 3,738 | 2.17 | 0.26 | 13,656 | 6.90 | 1.02 |
| Remgro Ltd. | 2,680 | 142,668 | 25.91 | 3.15 | 139,988 | 23.64 | 3.49 |
| Investment Banking and Brokerage Services Total | -6,513 | 188,830 | 30.13 | 3.66 | 195,343 | 32.49 | 4.80 |
| Discovery Ltd. | 2,905 | 8,702 | 1.98 | 0.24 | 5,797 | 1.15 | 0.17 |
| Momentum Group Ltd. | 19,823 | 52,403 | 2.00 | 0.24 | 32,580 | 1.07 | 0.16 |
| Old Mutual Ltd. | -29,802 | 0 | 0.00 | 0.00 | 29,802 | 0.40 | 0.06 |
| Sanlam Ltd. | 16,216 | 352,230 | 34.69 | 4.22 | 336,014 | 27.90 | 4.12 |
| Life Insurance Total | 9,142 | 413,335 | 38.68 | 4.70 | 404,193 | 30.51 | 4.50 |
| eMedia Holdings Ltd. | -61,629 | 0 | 0.00 | 0.00 | 61,629 | 0.11 | 0.02 |
| Media Total | -61,629 | 0 | 0.00 | 0.00 | 61,629 | 0.11 | 0.02 |
| OUTsurance Group Ltd. | 20,402 | 74,469 | 5.34 | 0.65 | 54,067 | 3.86 | 0.57 |
| Non-life Insurance Total | 20,402 | 74,469 | 5.34 | 0.65 | 54,067 | 3.86 | 0.57 |
| Bid Corporation Ltd. | -2,283 | 2,980 | 1.26 | 0.15 | 5,263 | 2.27 | 0.34 |
| Boxer Retail Ltd. | -12,654 | 31,126 | 2.22 | 0.27 | 43,780 | 2.99 | 0.44 |
| Clicks Group Ltd. | 1,329 | 5,898 | 1.99 | 0.24 | 4,569 | 1.62 | 0.24 |
| Dis-Chem Pharmacies Ltd. | -14,021 | 50,739 | 1.78 | 0.22 | 64,760 | 2.11 | 0.31 |
| Pick n Pay Stores Ltd. | 43,989 | 43,989 | 1.10 | 0.13 | 0 | 0.00 | 0.00 |
| Shoprite Holdings Ltd. | -14,225 | 38,800 | 10.48 | 1.27 | 53,025 | 14.53 | 2.15 |
| Personal Care, Drug and Grocery Stores Total | 2,135 | 173,532 | 18.82 | 2.29 | 171,397 | 23.53 | 3.47 |
| Compagnie Financière Richemont SA | -723 | 112 | 0.41 | 0.05 | 835 | 2.73 | 0.40 |
| Personal Goods Total | -723 | 112 | 0.41 | 0.05 | 835 | 2.73 | 0.40 |
| Aspen Pharmacare Holdings Ltd. | -10,587 | 7,699 | 0.90 | 0.11 | 18,286 | 1.76 | 0.26 |
| Pharmaceuticals and Biotechnology Total | -10,587 | 7,699 | 0.90 | 0.11 | 18,286 | 1.76 | 0.26 |
| AngloGold Ashanti plc | -700 | 33,456 | 47.95 | 5.83 | 34,156 | 40.63 | 6.00 |
| Gold Fields Ltd. | 14,361 | 90,826 | 65.91 | 8.01 | 76,465 | 54.84 | 8.10 |
| Harmony Gold Mining Company Ltd. | 4,743 | 53,266 | 17.95 | 2.18 | 48,523 | 14.90 | 2.20 |
| Impala Platinum Holdings Ltd. | 115,265 | 235,441 | 61.69 | 7.50 | 120,176 | 26.16 | 3.86 |
| Northam Platinum Holdings Ltd. | 40,253 | 143,278 | 48.30 | 5.87 | 103,025 | 28.74 | 4.24 |
| Pan African Resources plc | 36,989 | 147,697 | 3.98 | 0.48 | 110,708 | 2.23 | 0.33 |
| Sibanye Stillwater Ltd. | 84,069 | 84,069 | 5.09 | 0.62 | 0 | 0.00 | 0.00 |
| Valterra Platinum Ltd. | -4,567 | 12,352 | 17.41 | 2.12 | 16,919 | 20.44 | 3.02 |
| Precious Metals and Mining Total | 290,413 | 800,385 | 268.28 | 32.61 | 509,972 | 187.93 | 27.74 |
| NEPI Rockcastle NV | -25,759 | 677 | 0.10 | 0.01 | 26,436 | 3.65 | 0.54 |
| Real Estate Investment and Services Total | -25,759 | 677 | 0.10 | 0.01 | 26,436 | 3.65 | 0.54 |
| Growthpoint Properties Ltd. | -11,734 | 48,913 | 0.84 | 0.10 | 60,647 | 0.90 | 0.13 |
| Redefine Properties Ltd. | 13,870 | 132,815 | 0.80 | 0.10 | 118,945 | 0.59 | 0.09 |
| Real Estate Investment Trusts Total | 2,136 | 181,728 | 1.64 | 0.20 | 179,592 | 1.49 | 0.22 |
| Motus Holdings Ltd. | 19,050 | 109,914 | 13.40 | 1.63 | 90,864 | 9.45 | 1.39 |
| Mr Price Group Ltd. | 18,077 | 97,013 | 16.98 | 2.06 | 78,936 | 16.13 | 2.38 |
| Pepkor Holdings Ltd. | 106,449 | 498,503 | 13.19 | 1.60 | 392,054 | 9.60 | 1.42 |
| The Foschini Group Ltd. | -4,140 | 73,752 | 6.29 | 0.76 | 77,892 | 8.45 | 1.25 |
| Truworths International Ltd. | 70,607 | 221,372 | 12.60 | 1.53 | 150,765 | 8.23 | 1.22 |
| We Buy Cars Holdings Ltd. | 9,700 | 89,001 | 4.26 | 0.52 | 79,301 | 4.40 | 0.65 |
| Woolworths Holdings Ltd. | 59,811 | 152,565 | 8.54 | 1.04 | 92,754 | 4.64 | 0.69 |
| Retailers Total | 279,554 | 1,242,120 | 75.25 | 9.15 | 962,566 | 60.90 | 8.99 |
| Naspers Ltd. | 44,721 | 54,094 | 59.75 | 7.26 | 9,373 | 59.06 | 8.72 |
| Prosus NV | -2,086 | 40,504 | 41.46 | 5.04 | 42,590 | 52.16 | 7.70 |
| Software and Computer Services Total | 42,635 | 94,598 | 101.20 | 12.30 | 51,963 | 111.23 | 16.42 |
| MTN Group Ltd. | 42,323 | 65,123 | 11.04 | 1.34 | 22,800 | 3.20 | 0.47 |
| Telecommunications Service Providers Total | 42,323 | 65,123 | 11.04 | 1.34 | 22,800 | 3.20 | 0.47 |
| British American Tobacco plc | -4,887 | 0 | 0.00 | 0.00 | 4,887 | 4.45 | 0.66 |
| Tobacco Total | -4,887 | 0 | 0.00 | 0.00 | 4,887 | 4.45 | 0.66 |
| Famous Brands Ltd. | -5,378 | 0 | 0.00 | 0.00 | 5,378 | 0.29 | 0.04 |
| Tsogo Sun Ltd. | 5,242 | 50,557 | 0.35 | 0.04 | 45,315 | 0.30 | 0.04 |
| Travel and Leisure Total | -136 | 50,557 | 0.35 | 0.04 | 50,693 | 0.58 | 0.09 |
| Portfolio Total | 11,318,542 | 18,949,889 | 822.65 | 100.00 | 7,631,347 | 677.38 | 100.00 |