| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -39,991 | 260,009 | 62.13 | 7.09 | 300,000 | 71.81 | 7.58 |
| FirstRand Ltd. | -100,000 | 500,000 | 44.08 | 5.03 | 600,000 | 54.45 | 5.75 |
| Banks Total | -139,991 | 760,009 | 106.20 | 12.12 | 900,000 | 126.26 | 13.33 |
| Cash on call | 0 | 0 | 4.00 | 0.46 | 0 | 0.29 | 0.03 |
| Cash on call Total | 0 | 0 | 4.00 | 0.46 | 0 | 0.29 | 0.03 |
| ASP Isotopes Inc. | 35,970 | 150,000 | 11.17 | 1.27 | 114,030 | 11.12 | 1.17 |
| Sasol Ltd. | -460,000 | 0 | 0.00 | 0.00 | 460,000 | 48.85 | 5.16 |
| Chemicals Total | -424,030 | 150,000 | 11.17 | 1.27 | 574,030 | 59.97 | 6.33 |
| Calgro M3 Holdings Ltd. | 345,000 | 4,130,000 | 18.38 | 2.10 | 3,785,000 | 18.05 | 1.91 |
| Raubex Group Ltd. | 0 | 200,000 | 9.69 | 1.11 | 200,000 | 8.91 | 0.94 |
| Construction and Materials Total | 345,000 | 4,330,000 | 28.07 | 3.20 | 3,985,000 | 26.97 | 2.85 |
| Equity Derivative | 0 | 0 | 21.21 | 2.42 | 0 | 24.41 | 2.58 |
| Derivatives Total | 0 | 0 | 21.21 | 2.42 | 0 | 24.41 | 2.58 |
| Foreign - Equity Derivatives | 0 | 0 | 96.17 | 10.98 | 0 | 122.94 | 12.98 |
| Equities Total | 0 | 0 | 96.17 | 10.98 | 0 | 122.94 | 12.98 |
| Nutun Ltd. | -3,998,027 | 0 | 0.00 | 0.00 | 3,998,027 | 4.20 | 0.44 |
| Finance and Credit Services Total | -3,998,027 | 0 | 0.00 | 0.00 | 3,998,027 | 4.20 | 0.44 |
| AG Capital FR Omega Quant Flexible - A | 0 | 25,000,000 | 24.36 | 2.78 | 25,000,000 | 27.58 | 2.91 |
| Flexible Total | 0 | 25,000,000 | 24.36 | 2.78 | 25,000,000 | 27.58 | 2.91 |
| USA - Currency | 0 | 0 | 0.52 | 0.06 | 0 | 0.15 | 0.02 |
| For Currency Total | 0 | 0 | 0.52 | 0.06 | 0 | 0.15 | 0.02 |
| Foreign - Bonds | 0 | 0 | 14.98 | 1.71 | 0 | 0.00 | 0.00 |
| Foreign - Unit Trusts | 0 | 0 | 40.09 | 4.58 | 0 | 43.23 | 4.56 |
| Foreign Invest Total | 0 | 0 | 55.06 | 6.29 | 0 | 43.23 | 4.56 |
| Anglo American plc | 60,000 | 100,000 | 71.64 | 8.18 | 40,000 | 27.40 | 2.89 |
| BHP Group Ltd. | 15,000 | 40,000 | 24.14 | 2.76 | 25,000 | 12.68 | 1.34 |
| Glencore plc | -560,000 | 0 | 0.00 | 0.00 | 560,000 | 51.04 | 5.39 |
| Hulamin Ltd. | 8,528 | 4,250,000 | 8.50 | 0.97 | 4,241,472 | 10.39 | 1.10 |
| Industrial Metals and Mining Total | -476,472 | 4,390,000 | 104.29 | 11.90 | 4,866,472 | 101.52 | 10.72 |
| Fincrest Prime Global Equity Feeder - B | 0 | 19,259,677 | 19.06 | 2.18 | 19,259,677 | 20.44 | 2.16 |
| Rock Capital FR Worldwide Flexible - A | 230,509 | 32,251,745 | 41.13 | 4.70 | 32,021,236 | 39.90 | 4.21 |
| International Total | 230,509 | 51,511,422 | 60.20 | 6.87 | 51,280,913 | 60.34 | 6.37 |
| Bid Corporation Ltd. | 0 | 50,000 | 20.45 | 2.33 | 50,000 | 21.09 | 2.23 |
| Clicks Group Ltd. | 0 | 40,000 | 11.56 | 1.32 | 40,000 | 13.46 | 1.42 |
| Shoprite Holdings Ltd. | 0 | 100,000 | 27.82 | 3.18 | 100,000 | 27.02 | 2.85 |
| Personal Care, Drug and Grocery Stores Total | 0 | 190,000 | 59.83 | 6.83 | 190,000 | 61.58 | 6.50 |
| Compagnie Financière Richemont SA | -2,260 | 2,200 | 6.46 | 0.74 | 4,460 | 16.18 | 1.71 |
| Personal Goods Total | -2,260 | 2,200 | 6.46 | 0.74 | 4,460 | 16.18 | 1.71 |
| Harmony Gold Mining Company Ltd. | 21,000 | 21,000 | 5.32 | 0.61 | 0 | 0.00 | 0.00 |
| Sibanye Stillwater Ltd. | 850,000 | 1,050,000 | 52.45 | 5.99 | 200,000 | 12.10 | 1.28 |
| Precious Metals and Mining Total | 871,000 | 1,071,000 | 57.77 | 6.59 | 200,000 | 12.10 | 1.28 |
| Growthpoint Properties Ltd. | 10,000 | 10,000 | 0.16 | 0.02 | 0 | 0.00 | 0.00 |
| Real Estate Investment Trusts Total | 10,000 | 10,000 | 0.16 | 0.02 | 0 | 0.00 | 0.00 |
| Pepkor Holdings Ltd. | 0 | 700,000 | 15.72 | 1.79 | 700,000 | 18.52 | 1.95 |
| Retailers Total | 0 | 700,000 | 15.72 | 1.79 | 700,000 | 18.52 | 1.95 |
| iOCO Ltd. | -505,000 | 8,500,000 | 31.88 | 3.64 | 9,005,000 | 38.18 | 4.03 |
| Naspers Ltd. | 24,000 | 69,000 | 59.17 | 6.75 | 45,000 | 49.70 | 5.25 |
| Prosus NV | 0 | 55,000 | 42.03 | 4.80 | 55,000 | 56.29 | 5.94 |
| Software and Computer Services Total | -481,000 | 8,624,000 | 133.08 | 15.19 | 9,105,000 | 144.18 | 15.22 |
| Mustek Ltd. | -150,000 | 1,200,000 | 17.92 | 2.05 | 1,350,000 | 19.71 | 2.08 |
| Technology Hardware and Equipment Total | -150,000 | 1,200,000 | 17.92 | 2.05 | 1,350,000 | 19.71 | 2.08 |
| Blu Label Unlimited Group Ltd. | 1,162,901 | 5,402,901 | 45.22 | 5.16 | 4,240,000 | 44.69 | 4.72 |
| Cell C Holdings Ltd. | 0 | 1,135,000 | 28.65 | 3.27 | 1,135,000 | 32.35 | 3.42 |
| Telecommunications Service Providers Total | 1,162,901 | 6,537,901 | 73.87 | 8.43 | 5,375,000 | 77.04 | 8.13 |
| Portfolio Total | -3,052,370 | 104,476,532 | 876.05 | 100.00 | 107,528,902 | 947.15 | 100.00 |