| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Ferrari N.V | 0 | 115 | 0.99 | 0.05 | 115 | 0.90 | 0.05 |
| Auto Total | 0 | 115 | 0.99 | 0.05 | 115 | 0.90 | 0.05 |
| Absa Group Ltd. | 0 | 20,001 | 3.51 | 0.19 | 20,001 | 3.53 | 0.20 |
| Capitec Bank Holdings Ltd. | 0 | 2,269 | 8.07 | 0.44 | 2,269 | 6.99 | 0.41 |
| FirstRand Ltd. | 0 | 149,993 | 11.43 | 0.63 | 149,993 | 10.79 | 0.63 |
| Standard Bank Group Ltd. | 0 | 25,019 | 5.70 | 0.31 | 25,019 | 6.01 | 0.35 |
| Banks Total | 0 | 197,282 | 28.71 | 1.58 | 197,282 | 27.32 | 1.59 |
| Freeport-McMoran C&G | 0 | 1,642 | 1.28 | 0.07 | 1,642 | 1.16 | 0.07 |
| Basic Resources Total | 0 | 1,642 | 1.28 | 0.07 | 1,642 | 1.16 | 0.07 |
| Anheuser-Busch InBev SA/NV | 0 | 2,766 | 3.37 | 0.19 | 2,766 | 3.12 | 0.18 |
| Beverages Total | 0 | 2,766 | 3.37 | 0.19 | 2,766 | 3.12 | 0.18 |
| Melville Douglas STANLIB Bond - B3 | 136,406 | 5,750,282 | 5.58 | 0.31 | 5,613,876 | 5.27 | 0.31 |
| Bond Fund Total | 136,406 | 5,750,282 | 5.58 | 0.31 | 5,613,876 | 5.27 | 0.31 |
| Cash on call | 0 | 0 | 137.79 | 7.58 | 0 | 135.16 | 7.85 |
| Cash on call Total | 0 | 0 | 137.79 | 7.58 | 0 | 135.16 | 7.85 |
| Sasol Ltd. | 0 | 4,950 | 0.40 | 0.02 | 4,950 | 0.38 | 0.02 |
| Chemicals Total | 0 | 4,950 | 0.40 | 0.02 | 4,950 | 0.38 | 0.02 |
| EPE Capital Partners Ltd. | 157,316 | 157,316 | 1.03 | 0.06 | 0 | 0.00 | 0.00 |
| Closed End Investments Total | 157,316 | 157,316 | 1.03 | 0.06 | 0 | 0.00 | 0.00 |
| Raubex Group Ltd. | -19,500 | 0 | 0.00 | 0.00 | 19,500 | 0.87 | 0.05 |
| Construction and Materials Total | -19,500 | 0 | 0.00 | 0.00 | 19,500 | 0.87 | 0.05 |
| ADvTECH Ltd. | -50,000 | 150,000 | 4.90 | 0.27 | 200,000 | 6.62 | 0.38 |
| Curro Holdings Ltd. | 0 | 108,690 | 0.99 | 0.05 | 108,690 | 0.91 | 0.05 |
| Stadio Holdings Ltd. | 0 | 255,218 | 2.23 | 0.12 | 255,218 | 1.91 | 0.11 |
| Consumer Services Total | -50,000 | 513,908 | 8.12 | 0.45 | 563,908 | 9.44 | 0.55 |
| Alphabet Inc A | 0 | 640 | 2.03 | 0.11 | 640 | 1.82 | 0.11 |
| Alphabet Inc C | 0 | 547 | 1.73 | 0.10 | 547 | 1.57 | 0.09 |
| Booking Holdings | -3 | 11 | 1.11 | 0.06 | 14 | 1.19 | 0.07 |
| Ecolab Inc | 127 | 127 | 0.60 | 0.03 | 0 | 0.00 | 0.00 |
| Hermes International | 0 | 20 | 0.96 | 0.05 | 20 | 0.96 | 0.06 |
| Netflix Inc | 17 | 56 | 1.32 | 0.07 | 39 | 0.67 | 0.04 |
| Reckitt Benckiser | 0 | 1,349 | 1.64 | 0.09 | 1,349 | 1.69 | 0.10 |
| Uber Technologies | 622 | 622 | 1.01 | 0.06 | 0 | 0.00 | 0.00 |
| Cyclical Goods & Services Total | 763 | 3,372 | 10.41 | 0.57 | 2,609 | 7.89 | 0.46 |
| Reunert Ltd. | 0 | 22,095 | 1.29 | 0.07 | 22,095 | 1.36 | 0.08 |
| Electronic and Electrical Equipment Total | 0 | 22,095 | 1.29 | 0.07 | 22,095 | 1.36 | 0.08 |
| Exxon Mobil Corporation | 0 | 652 | 1.27 | 0.07 | 652 | 1.41 | 0.08 |
| Energy Total | 0 | 652 | 1.27 | 0.07 | 652 | 1.41 | 0.08 |
| Foreign - Equity Derivatives | 0 | 0 | 70.67 | 3.89 | 0 | 66.28 | 3.85 |
| LVMH Moet Hennessy | -42 | 62 | 0.58 | 0.03 | 104 | 1.19 | 0.07 |
| Equities Total | -42 | 62 | 71.25 | 3.92 | 104 | 67.46 | 3.92 |
| 1NVEST SA Property ETF | 0 | 65,981 | 2.75 | 0.15 | 65,981 | 2.51 | 0.15 |
| Exchange Traded Funds Total | 0 | 65,981 | 2.75 | 0.15 | 65,981 | 2.51 | 0.15 |
| Goldman Sachs Group | -93 | 145 | 1.78 | 0.10 | 238 | 2.38 | 0.14 |
| HSBC Holdings | -3,078 | 0 | 0.00 | 0.00 | 3,078 | 0.66 | 0.04 |
| London Stock Exchange Group Plc | 0 | 667 | 1.73 | 0.10 | 667 | 1.83 | 0.11 |
| Mastercard Inc | 0 | 540 | 5.28 | 0.29 | 540 | 5.37 | 0.31 |
| Partners Group Holdingg | 0 | 65 | 1.52 | 0.08 | 65 | 1.69 | 0.10 |
| Financial Services Total | -3,171 | 1,417 | 10.31 | 0.57 | 4,588 | 11.92 | 0.69 |
| JP Morgan Chase & Company | -70 | 921 | 4.70 | 0.26 | 991 | 4.42 | 0.26 |
| S&P Global Inc | 0 | 114 | 1.05 | 0.06 | 114 | 1.05 | 0.06 |
| Financials Total | -70 | 1,035 | 5.75 | 0.32 | 1,105 | 5.48 | 0.32 |
| Starbucks Corp | 0 | 1,150 | 1.88 | 0.10 | 1,150 | 2.07 | 0.12 |
| Unilever plc | -686 | 1,232 | 1.33 | 0.07 | 1,918 | 2.11 | 0.12 |
| Food & Beverage Total | -686 | 2,382 | 3.22 | 0.18 | 3,068 | 4.17 | 0.24 |
| AVI Ltd. | 0 | 47,325 | 4.46 | 0.25 | 47,325 | 4.22 | 0.25 |
| Food Producers Total | 0 | 47,325 | 4.46 | 0.25 | 47,325 | 4.22 | 0.25 |
| European - Currency | 0 | 0 | 0.00 | 0.00 | 0 | -0.29 | -0.02 |
| Foreign - Money Market | 0 | 0 | 124.34 | 6.84 | 0 | 118.80 | 6.90 |
| Sweden - Currency | 0 | 0 | 0.14 | 0.01 | 0 | 0.00 | 0.00 |
| Switzerland - Currency | 0 | 0 | 0.11 | 0.01 | 0 | 0.07 | 0.00 |
| United Kingdom - Currency | 0 | 0 | 0.82 | 0.04 | 0 | 0.01 | 0.00 |
| USA - Currency | 0 | 0 | 16.42 | 0.90 | 0 | 10.87 | 0.63 |
| For Currency Total | 0 | 0 | 141.82 | 7.80 | 0 | 129.47 | 7.52 |
| Foreign - Equities | 0 | 0 | 1.51 | 0.08 | 0 | 6.68 | 0.39 |
| Foreign - Unit Trusts | 0 | 0 | 98.49 | 5.42 | 0 | 96.56 | 5.61 |
| Foreign Invest Total | 0 | 0 | 100.00 | 5.50 | 0 | 103.25 | 6.00 |
| 36ONE BCI Equity - D | 0 | 154,523 | 1.78 | 0.10 | 154,523 | 1.69 | 0.10 |
| Allan Gray Equity - C | 0 | 286,823 | 195.53 | 10.76 | 286,823 | 180.21 | 10.46 |
| Coronation Equity - P | 0 | 6,346 | 2.10 | 0.12 | 6,346 | 1.88 | 0.11 |
| Fairtree SA Equity Prescient Fund - A2 | 7,719 | 362,211 | 1.88 | 0.10 | 354,492 | 1.78 | 0.10 |
| M&G Equity - B | 40 | 71,797 | 1.77 | 0.10 | 71,757 | 1.66 | 0.10 |
| Ninety One Equity - H | 186 | 20,897 | 1.82 | 0.10 | 20,711 | 1.67 | 0.10 |
| Old Mutual Investors - B1 | 0 | 3,327 | 1.74 | 0.10 | 3,327 | 1.64 | 0.10 |
| PSG Equity - D | 0 | 95,606 | 1.91 | 0.11 | 95,606 | 1.78 | 0.10 |
| Truffle SCI SA Equity - D | 0 | 7,439,853 | 26.37 | 1.45 | 7,439,853 | 24.77 | 1.44 |
| General Equity Total | 7,945 | 8,441,383 | 234.90 | 12.93 | 8,433,438 | 217.09 | 12.60 |
| Mondi plc | 0 | 9,090 | 2.64 | 0.15 | 9,090 | 2.47 | 0.14 |
| The Bidvest Group Ltd. | -4,000 | 14,459 | 3.40 | 0.19 | 18,459 | 4.34 | 0.25 |
| General Industrials Total | -4,000 | 23,549 | 6.04 | 0.33 | 27,549 | 6.82 | 0.40 |
| Amphenol Corporation | 0 | 870 | 1.51 | 0.08 | 870 | 1.07 | 0.06 |
| ASML Holding NV | -23 | 81 | 1.15 | 0.06 | 104 | 1.26 | 0.07 |
| Atlas Copco AB | -494 | 3,366 | 0.96 | 0.05 | 3,860 | 1.13 | 0.07 |
| BAE Systems plc | 751 | 2,811 | 1.29 | 0.07 | 2,060 | 0.76 | 0.04 |
| Danaher Corporation | -63 | 270 | 0.96 | 0.05 | 333 | 1.26 | 0.07 |
| Deere & Company | -38 | 101 | 0.92 | 0.05 | 139 | 1.19 | 0.07 |
| Honeywell International | -233 | 0 | 0.00 | 0.00 | 233 | 0.90 | 0.05 |
| Procter & Gamble Company | 0 | 383 | 1.09 | 0.06 | 383 | 1.18 | 0.07 |
| Schneider Electric SA | 0 | 302 | 1.43 | 0.08 | 302 | 1.27 | 0.07 |
| Vertiv Holdings | -373 | 0 | 0.00 | 0.00 | 373 | 0.51 | 0.03 |
| Goods & Services Total | -473 | 8,184 | 9.31 | 0.51 | 8,657 | 10.54 | 0.61 |
| Netcare Ltd. | 0 | 71,772 | 1.00 | 0.06 | 71,772 | 0.94 | 0.05 |
| Health Care Providers Total | 0 | 71,772 | 1.00 | 0.06 | 71,772 | 0.94 | 0.05 |
| Boston Scientific Corporation | 532 | 1,282 | 2.43 | 0.13 | 750 | 1.37 | 0.08 |
| Eli Lilly & Company | 0 | 74 | 1.02 | 0.06 | 74 | 1.12 | 0.07 |
| Intuitive Surgical Inc | 0 | 219 | 2.08 | 0.11 | 219 | 1.98 | 0.12 |
| Novartis AG | 415 | 415 | 0.89 | 0.05 | 0 | 0.00 | 0.00 |
| Novo-Nordisk A/S | -524 | 0 | 0.00 | 0.00 | 524 | 0.66 | 0.04 |
| Stryker Corporation | 142 | 142 | 1.00 | 0.05 | 0 | 0.00 | 0.00 |
| Zoetis Inc | -328 | 0 | 0.00 | 0.00 | 328 | 0.98 | 0.06 |
| Healthcare Total | 237 | 2,132 | 7.41 | 0.41 | 1,895 | 6.11 | 0.36 |
| Ninety One Diversified Income - H | 101,514 | 5,023,133 | 6.17 | 0.34 | 4,921,619 | 6.01 | 0.35 |
| Income Total | 101,514 | 5,023,133 | 6.17 | 0.34 | 4,921,619 | 6.01 | 0.35 |
| Afrimat Ltd. | -16,000 | 0 | 0.00 | 0.00 | 16,000 | 0.93 | 0.05 |
| Anglo American plc | -1,534 | 11,320 | 5.89 | 0.32 | 12,854 | 6.63 | 0.38 |
| BHP Group Ltd. | 0 | 2,350 | 1.00 | 0.06 | 2,350 | 1.03 | 0.06 |
| South32 Ltd. | 0 | 32,000 | 1.09 | 0.06 | 32,000 | 1.20 | 0.07 |
| Industrial Metals and Mining Total | -17,534 | 45,670 | 7.99 | 0.44 | 63,204 | 9.79 | 0.57 |
| Hudaco Industries Ltd. | 0 | 18,500 | 3.62 | 0.20 | 18,500 | 3.51 | 0.20 |
| Industrial Support Services Total | 0 | 18,500 | 3.62 | 0.20 | 18,500 | 3.51 | 0.20 |
| Dodge & Cox Worldwide Funds - Global Stock Fund Acc (USD) A | 0 | 234,385 | 169.48 | 9.33 | 234,385 | 162.68 | 9.45 |
| Stanlib Global Select Feeder Fund | 0 | 4,599,681 | 5.64 | 0.31 | 4,599,681 | 5.48 | 0.32 |
| International Total | 0 | 4,834,066 | 175.12 | 9.64 | 4,834,066 | 168.16 | 9.77 |
| Coronation Fund Managers Ltd. | 0 | 38,000 | 1.50 | 0.08 | 38,000 | 1.48 | 0.09 |
| Ninety One plc | 0 | 22,194 | 0.99 | 0.05 | 22,194 | 0.77 | 0.04 |
| Reinet Investments SCA | 0 | 3,000 | 1.73 | 0.09 | 3,000 | 1.34 | 0.08 |
| Remgro Ltd. | -1,000 | 28,466 | 4.48 | 0.25 | 29,466 | 4.59 | 0.27 |
| Investment Banking and Brokerage Services Total | -1,000 | 91,660 | 8.70 | 0.48 | 92,660 | 8.18 | 0.47 |
| Coronation Top 20 - P | 6,221 | 1,220,257 | 297.16 | 16.35 | 1,214,036 | 278.08 | 16.15 |
| Large Cap Total | 6,221 | 1,220,257 | 297.16 | 16.35 | 1,214,036 | 278.08 | 16.15 |
| Sanlam Ltd. | 0 | 18,551 | 1.65 | 0.09 | 18,551 | 1.55 | 0.09 |
| Life Insurance Total | 0 | 18,551 | 1.65 | 0.09 | 18,551 | 1.55 | 0.09 |
| RELX PLC | 0 | 1,582 | 1.52 | 0.08 | 1,582 | 1.46 | 0.08 |
| Walt Disney Company | -312 | 0 | 0.00 | 0.00 | 312 | 0.56 | 0.03 |
| Media Total | -312 | 1,582 | 1.52 | 0.08 | 1,894 | 2.02 | 0.11 |
| Stanlib Money Market - B5 | 22 | 1,126 | 0.00 | 0.00 | 1,104 | 0.00 | 0.00 |
| Money Market Total | 22 | 1,126 | 0.00 | 0.00 | 1,104 | 0.00 | 0.00 |
| OUTsurance Group Ltd. | -3,500 | 75,093 | 5.88 | 0.32 | 78,593 | 5.49 | 0.32 |
| Santam Ltd. | -500 | 4,314 | 1.84 | 0.10 | 4,814 | 1.80 | 0.10 |
| Non-life Insurance Total | -4,000 | 79,407 | 7.72 | 0.42 | 83,407 | 7.29 | 0.42 |
| Artisan Global Opportunities Fund - Class I USD | 0 | 245,854 | 152.73 | 8.40 | 245,854 | 142.88 | 8.30 |
| Nedgroup Inv Global Equity - A | 0 | 2,273,875 | 135.73 | 7.47 | 2,273,875 | 135.59 | 7.87 |
| Orbis Global Equity | 0 | 1,097 | 8.71 | 0.48 | 1,097 | 7.82 | 0.45 |
| Sands Capital Global Leaders Fund (USD) - A | 0 | 268,590 | 91.16 | 5.02 | 268,590 | 82.91 | 4.81 |
| Offshore Intern Total | 0 | 2,789,416 | 388.33 | 21.37 | 2,789,416 | 369.21 | 21.43 |
| Bid Corporation Ltd. | 0 | 15,168 | 7.16 | 0.39 | 15,168 | 6.67 | 0.39 |
| Boxer Retail Ltd. | 10,000 | 45,126 | 3.11 | 0.17 | 35,126 | 2.47 | 0.14 |
| Clicks Group Ltd. | 0 | 3,100 | 1.15 | 0.06 | 3,100 | 1.05 | 0.06 |
| Pick n Pay Stores Ltd. | -20,000 | 111,332 | 2.98 | 0.16 | 131,332 | 3.62 | 0.21 |
| Shoprite Holdings Ltd. | 0 | 4,479 | 1.25 | 0.07 | 4,479 | 1.21 | 0.07 |
| Personal Care, Drug and Grocery Stores Total | -10,000 | 179,205 | 15.66 | 0.86 | 189,205 | 15.01 | 0.87 |
| Compagnie Financière Richemont SA | -300 | 2,110 | 7.03 | 0.39 | 2,410 | 7.70 | 0.45 |
| Personal Goods Total | -300 | 2,110 | 7.03 | 0.39 | 2,410 | 7.70 | 0.45 |
| AngloGold Ashanti plc | 4,050 | 8,092 | 6.45 | 0.36 | 4,042 | 2.82 | 0.16 |
| Northam Platinum Holdings Ltd. | 0 | 24,267 | 4.69 | 0.26 | 24,267 | 3.24 | 0.19 |
| Valterra Platinum Ltd. | 1,314 | 1,314 | 1.04 | 0.06 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | 5,364 | 33,673 | 12.19 | 0.67 | 28,309 | 6.07 | 0.35 |
| NEPI Rockcastle NV | 0 | 10,551 | 1.43 | 0.08 | 10,551 | 1.40 | 0.08 |
| Real Estate Investment and Services Total | 0 | 10,551 | 1.43 | 0.08 | 10,551 | 1.40 | 0.08 |
| Growthpoint Properties Ltd. | -73,000 | 0 | 0.00 | 0.00 | 73,000 | 0.95 | 0.05 |
| Sirius Real Estate Ltd. | -15,000 | 142,736 | 3.45 | 0.19 | 157,736 | 3.19 | 0.19 |
| Spear REIT Ltd. | 103,100 | 103,100 | 1.05 | 0.06 | 0 | 0.00 | 0.00 |
| Real Estate Investment Trusts Total | 15,100 | 245,836 | 4.50 | 0.25 | 230,736 | 4.13 | 0.24 |
| Adidas-Salomon AG | -69 | 198 | 0.83 | 0.05 | 267 | 1.16 | 0.07 |
| Visa Inc | 0 | 840 | 5.21 | 0.29 | 840 | 5.29 | 0.31 |
| Retail Total | -69 | 1,038 | 6.03 | 0.33 | 1,107 | 6.45 | 0.37 |
| Mr Price Group Ltd. | 0 | 8,890 | 1.97 | 0.11 | 8,890 | 1.97 | 0.11 |
| Pepkor Holdings Ltd. | 0 | 55,000 | 1.50 | 0.08 | 55,000 | 1.41 | 0.08 |
| We Buy Cars Holdings Ltd. | -5,000 | 47,400 | 2.81 | 0.15 | 52,400 | 2.19 | 0.13 |
| Retailers Total | -5,000 | 111,290 | 6.28 | 0.35 | 116,290 | 5.57 | 0.32 |
| Naspers Ltd. | -100 | 3,808 | 21.10 | 1.16 | 3,908 | 17.75 | 1.03 |
| Prosus NV | 0 | 7,444 | 7.37 | 0.41 | 7,444 | 6.27 | 0.36 |
| Software and Computer Services Total | -100 | 11,252 | 28.48 | 1.57 | 11,352 | 24.02 | 1.39 |
| Amazon.Com | 0 | 1,596 | 6.34 | 0.35 | 1,596 | 5.66 | 0.33 |
| Apple Computer Company | -253 | 603 | 2.16 | 0.12 | 856 | 3.43 | 0.20 |
| Broadcom Corporation | 155 | 155 | 0.74 | 0.04 | 0 | 0.00 | 0.00 |
| Meta Platforms Inc | 29 | 318 | 4.15 | 0.23 | 289 | 3.06 | 0.18 |
| Microsoft Corporation | 0 | 1,023 | 9.02 | 0.50 | 1,023 | 7.12 | 0.41 |
| Nvidia Corporation | -91 | 740 | 2.08 | 0.11 | 831 | 1.68 | 0.10 |
| Palo Alto Networks Inc | 0 | 537 | 1.91 | 0.11 | 537 | 1.71 | 0.10 |
| SAP AG | 0 | 247 | 1.33 | 0.07 | 247 | 1.20 | 0.07 |
| ServiceNow Inc | 59 | 59 | 1.07 | 0.06 | 0 | 0.00 | 0.00 |
| Spotify Technology | 55 | 55 | 0.76 | 0.04 | 0 | 0.00 | 0.00 |
| Taiwan Semiconductors | 0 | 258 | 1.05 | 0.06 | 258 | 0.79 | 0.05 |
| Technology Total | -46 | 5,591 | 30.60 | 1.68 | 5,637 | 24.64 | 1.43 |
| MTN Group Ltd. | -9,000 | 10,053 | 1.42 | 0.08 | 19,053 | 2.36 | 0.14 |
| Telecommunications Service Providers Total | -9,000 | 10,053 | 1.42 | 0.08 | 19,053 | 2.36 | 0.14 |
| British American Tobacco plc | 0 | 1,914 | 1.64 | 0.09 | 1,914 | 1.46 | 0.08 |
| Tobacco Total | 0 | 1,914 | 1.64 | 0.09 | 1,914 | 1.46 | 0.08 |
| Famous Brands Ltd. | -2,000 | 18,000 | 1.12 | 0.06 | 20,000 | 1.15 | 0.07 |
| Southern Sun Ltd. | 0 | 190,000 | 1.67 | 0.09 | 190,000 | 1.59 | 0.09 |
| Spur Corporation Ltd. | 0 | 32,000 | 1.07 | 0.06 | 32,000 | 1.04 | 0.06 |
| Sun International Ltd. | 0 | 38,700 | 1.68 | 0.09 | 38,700 | 1.61 | 0.09 |
| Travel and Leisure Total | -2,000 | 278,700 | 5.55 | 0.31 | 280,700 | 5.38 | 0.31 |
| Portfolio Total | 303,585 | 30,334,183 | 1,817.25 | 100.00 | 30,030,598 | 1,722.25 | 100.00 |