| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Renergen Ltd. | -1,000,000 | 0 | 0.00 | 0.00 | 1,000,000 | 15.89 | 1.73 |
| Alternative Energy Total | -1,000,000 | 0 | 0.00 | 0.00 | 1,000,000 | 15.89 | 1.73 |
| Absa Group Ltd. | -100,000 | 300,000 | 71.81 | 7.58 | 400,000 | 72.38 | 7.88 |
| FirstRand Ltd. | 0 | 600,000 | 54.45 | 5.75 | 600,000 | 46.70 | 5.09 |
| Banks Total | -100,000 | 900,000 | 126.26 | 13.33 | 1,000,000 | 119.08 | 12.97 |
| Cash on call | 0 | 0 | 0.29 | 0.03 | 0 | 27.40 | 2.98 |
| Cash on call Total | 0 | 0 | 0.29 | 0.03 | 0 | 27.40 | 2.98 |
| ASP Isotopes Inc. | 114,030 | 114,030 | 11.12 | 1.17 | 0 | 0.00 | 0.00 |
| Sasol Ltd. | 256,534 | 460,000 | 48.85 | 5.16 | 203,466 | 21.85 | 2.38 |
| Chemicals Total | 370,564 | 574,030 | 59.97 | 6.33 | 203,466 | 21.85 | 2.38 |
| Calgro M3 Holdings Ltd. | 135,000 | 3,785,000 | 18.05 | 1.91 | 3,650,000 | 17.59 | 1.92 |
| Raubex Group Ltd. | 0 | 200,000 | 8.91 | 0.94 | 200,000 | 8.53 | 0.93 |
| Construction and Materials Total | 135,000 | 3,985,000 | 26.97 | 2.85 | 3,850,000 | 26.12 | 2.85 |
| Equity Derivative | 0 | 0 | 24.41 | 2.58 | 0 | 37.78 | 4.11 |
| Derivatives Total | 0 | 0 | 24.41 | 2.58 | 0 | 37.78 | 4.11 |
| Foreign - Equity Derivatives | 0 | 0 | 122.94 | 12.98 | 0 | 119.84 | 13.05 |
| Equities Total | 0 | 0 | 122.94 | 12.98 | 0 | 119.84 | 13.05 |
| Nutun Ltd. | -1,501,973 | 3,998,027 | 4.20 | 0.44 | 5,500,000 | 5.50 | 0.60 |
| Finance and Credit Services Total | -1,501,973 | 3,998,027 | 4.20 | 0.44 | 5,500,000 | 5.50 | 0.60 |
| AG Capital BCI Omega Quant Flexible - A | 0 | 25,000,000 | 27.58 | 2.91 | 25,000,000 | 25.00 | 2.72 |
| Flexible Total | 0 | 25,000,000 | 27.58 | 2.91 | 25,000,000 | 25.00 | 2.72 |
| Astral Foods Ltd. | -94,500 | 0 | 0.00 | 0.00 | 94,500 | 19.60 | 2.13 |
| Food Producers Total | -94,500 | 0 | 0.00 | 0.00 | 94,500 | 19.60 | 2.13 |
| USA - Currency | 0 | 0 | 0.15 | 0.02 | 0 | 0.01 | 0.00 |
| For Currency Total | 0 | 0 | 0.15 | 0.02 | 0 | 0.01 | 0.00 |
| Foreign - Unit Trusts | 0 | 0 | 43.23 | 4.56 | 0 | 43.43 | 4.73 |
| Foreign Invest Total | 0 | 0 | 43.23 | 4.56 | 0 | 43.43 | 4.73 |
| Anglo American plc | -20,000 | 40,000 | 27.40 | 2.89 | 60,000 | 38.70 | 4.22 |
| BHP Group Ltd. | 0 | 25,000 | 12.68 | 1.34 | 25,000 | 11.96 | 1.30 |
| Glencore plc | 160,000 | 560,000 | 51.04 | 5.39 | 400,000 | 32.00 | 3.49 |
| Hulamin Ltd. | 0 | 4,241,472 | 10.39 | 1.10 | 4,241,472 | 11.20 | 1.22 |
| Industrial Metals and Mining Total | 140,000 | 4,866,472 | 101.52 | 10.72 | 4,726,472 | 93.86 | 10.22 |
| Fincrest Prime Global Equity Feeder - B | 19,259,677 | 19,259,677 | 20.44 | 2.16 | 0 | 0.00 | 0.00 |
| Rock Capital BCI Worldwide Flexible - A | 0 | 32,021,236 | 39.90 | 4.21 | 32,021,236 | 38.53 | 4.20 |
| International Total | 19,259,677 | 51,280,913 | 60.34 | 6.37 | 32,021,236 | 38.53 | 4.20 |
| Remgro Ltd. | -80,000 | 0 | 0.00 | 0.00 | 80,000 | 13.51 | 1.47 |
| Investment Banking and Brokerage Services Total | -80,000 | 0 | 0.00 | 0.00 | 80,000 | 13.51 | 1.47 |
| Bid Corporation Ltd. | 20,000 | 50,000 | 21.09 | 2.23 | 30,000 | 12.96 | 1.41 |
| Clicks Group Ltd. | 0 | 40,000 | 13.46 | 1.42 | 40,000 | 14.16 | 1.54 |
| Shoprite Holdings Ltd. | 0 | 100,000 | 27.02 | 2.85 | 100,000 | 27.41 | 2.99 |
| Personal Care, Drug and Grocery Stores Total | 20,000 | 190,000 | 61.58 | 6.50 | 170,000 | 54.53 | 5.94 |
| Compagnie Financière Richemont SA | -540 | 4,460 | 16.18 | 1.71 | 5,000 | 16.35 | 1.78 |
| Personal Goods Total | -540 | 4,460 | 16.18 | 1.71 | 5,000 | 16.35 | 1.78 |
| Sibanye Stillwater Ltd. | 200,000 | 200,000 | 12.10 | 1.28 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | 200,000 | 200,000 | 12.10 | 1.28 | 0 | 0.00 | 0.00 |
| Pepkor Holdings Ltd. | 0 | 700,000 | 18.52 | 1.95 | 700,000 | 17.14 | 1.87 |
| Retailers Total | 0 | 700,000 | 18.52 | 1.95 | 700,000 | 17.14 | 1.87 |
| iOCO Ltd. | -4,295,000 | 9,005,000 | 38.18 | 4.03 | 13,300,000 | 52.27 | 5.69 |
| Naspers Ltd. | 37,000 | 45,000 | 49.70 | 5.25 | 8,000 | 50.41 | 5.49 |
| Prosus NV | 0 | 55,000 | 56.29 | 5.94 | 55,000 | 67.36 | 7.34 |
| Software and Computer Services Total | -4,258,000 | 9,105,000 | 144.18 | 15.22 | 13,363,000 | 170.04 | 18.52 |
| Mustek Ltd. | 100,000 | 1,350,000 | 19.71 | 2.08 | 1,250,000 | 16.75 | 1.82 |
| Technology Hardware and Equipment Total | 100,000 | 1,350,000 | 19.71 | 2.08 | 1,250,000 | 16.75 | 1.82 |
| Blu Label Unlimited Group Ltd. | 1,205,181 | 4,240,000 | 44.69 | 4.72 | 3,034,819 | 35.96 | 3.92 |
| Cell C Holdings Ltd. | 1,135,000 | 1,135,000 | 32.35 | 3.42 | 0 | 0.00 | 0.00 |
| Telecommunications Service Providers Total | 2,340,181 | 5,375,000 | 77.04 | 8.13 | 3,034,819 | 35.96 | 3.92 |
| Portfolio Total | 15,530,409 | 107,528,902 | 947.15 | 100.00 | 91,998,493 | 918.19 | 100.00 |