| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 491,863 | 491,863 | 89.07 | 5.65 | 0 | 0.00 | 0.00 |
| Capitec Bank Holdings Ltd. | -3,268 | 26,293 | 91.34 | 5.79 | 29,561 | 104.97 | 6.37 |
| FirstRand Ltd. | -1,522,739 | 0 | 0.00 | 0.00 | 1,522,739 | 115.26 | 6.99 |
| Standard Bank Group Ltd. | -49,804 | 406,698 | 96.14 | 6.10 | 456,502 | 103.87 | 6.30 |
| Banks Total | -1,083,948 | 924,854 | 276.55 | 17.54 | 2,008,802 | 324.09 | 19.67 |
| Anheuser-Busch InBev SA/NV | -59,097 | 0 | 0.00 | 0.00 | 59,097 | 72.02 | 4.37 |
| Beverages Total | -59,097 | 0 | 0.00 | 0.00 | 59,097 | 72.02 | 4.37 |
| Cash on call | 0 | 0 | 29.92 | 1.90 | 0 | 34.15 | 2.07 |
| Cash on call Total | 0 | 0 | 29.92 | 1.90 | 0 | 34.15 | 2.07 |
| AVI Ltd. | -645,927 | 0 | 0.00 | 0.00 | 645,927 | 60.80 | 3.69 |
| Food Producers Total | -645,927 | 0 | 0.00 | 0.00 | 645,927 | 60.80 | 3.69 |
| KAP Ltd. | -14,279,611 | 0 | 0.00 | 0.00 | 14,279,611 | 29.27 | 1.78 |
| The Bidvest Group Ltd. | -150,607 | 0 | 0.00 | 0.00 | 150,607 | 35.17 | 2.13 |
| General Industrials Total | -14,430,218 | 0 | 0.00 | 0.00 | 14,430,218 | 64.44 | 3.91 |
| Anglo American plc | 68,927 | 68,927 | 44.56 | 2.83 | 0 | 0.00 | 0.00 |
| Glencore plc | 109,376 | 802,801 | 63.98 | 4.06 | 693,425 | 48.23 | 2.93 |
| Industrial Metals and Mining Total | 178,303 | 871,728 | 108.54 | 6.88 | 693,425 | 48.23 | 2.93 |
| Reinet Investments SCA | -40,651 | 113,733 | 57.44 | 3.64 | 154,384 | 88.95 | 5.40 |
| Investment Banking and Brokerage Services Total | -40,651 | 113,733 | 57.44 | 3.64 | 154,384 | 88.95 | 5.40 |
| Discovery Ltd. | -251,022 | 0 | 0.00 | 0.00 | 251,022 | 53.92 | 3.27 |
| Sanlam Ltd. | 199,188 | 1,019,277 | 85.20 | 5.40 | 820,089 | 72.72 | 4.41 |
| Life Insurance Total | -51,834 | 1,019,277 | 85.20 | 5.40 | 1,071,111 | 126.64 | 7.68 |
| Bid Corporation Ltd. | -46,899 | 102,407 | 44.27 | 2.81 | 149,306 | 69.79 | 4.23 |
| Boxer Retail Ltd. | -541,370 | 0 | 0.00 | 0.00 | 541,370 | 37.50 | 2.28 |
| Pick n Pay Stores Ltd. | 1,114,063 | 1,114,063 | 28.29 | 1.79 | 0 | 0.00 | 0.00 |
| Shoprite Holdings Ltd. | -27,006 | 152,647 | 41.83 | 2.65 | 179,653 | 49.75 | 3.02 |
| Personal Care, Drug and Grocery Stores Total | 498,788 | 1,369,117 | 114.38 | 7.25 | 870,329 | 157.04 | 9.53 |
| Compagnie Financière Richemont SA | 10,270 | 10,270 | 33.58 | 2.13 | 0 | 0.00 | 0.00 |
| Personal Goods Total | 10,270 | 10,270 | 33.58 | 2.13 | 0 | 0.00 | 0.00 |
| AngloGold Ashanti plc | -64,274 | 107,765 | 130.78 | 8.29 | 172,039 | 137.79 | 8.36 |
| Gold Fields Ltd. | 58,323 | 210,533 | 153.50 | 9.73 | 152,210 | 63.29 | 3.84 |
| Northam Platinum Holdings Ltd. | -243,252 | 294,610 | 82.79 | 5.25 | 537,862 | 103.11 | 6.26 |
| Valterra Platinum Ltd. | 61,599 | 61,599 | 76.10 | 4.83 | 0 | 0.00 | 0.00 |
| Precious Metals and Mining Total | -187,604 | 674,507 | 443.16 | 28.10 | 862,111 | 304.19 | 18.46 |
| Pepkor Holdings Ltd. | -762,443 | 1,241,395 | 30.18 | 1.91 | 2,003,838 | 54.56 | 3.31 |
| Woolworths Holdings Ltd. | 740,585 | 740,585 | 37.24 | 2.36 | 0 | 0.00 | 0.00 |
| Retailers Total | -21,858 | 1,981,980 | 67.42 | 4.28 | 2,003,838 | 54.56 | 3.31 |
| Naspers Ltd. | -5,626 | 24,078 | 150.60 | 9.55 | 29,704 | 163.83 | 9.94 |
| Prosus NV | -11,810 | 97,768 | 118.37 | 7.51 | 109,578 | 108.66 | 6.59 |
| Software and Computer Services Total | -17,436 | 121,846 | 268.97 | 17.05 | 139,282 | 272.49 | 16.53 |
| MTN Group Ltd. | 397,634 | 397,634 | 57.66 | 3.66 | 0 | 0.00 | 0.00 |
| Telecommunications Service Providers Total | 397,634 | 397,634 | 57.66 | 3.66 | 0 | 0.00 | 0.00 |
| British American Tobacco plc | -10,497 | 37,642 | 34.34 | 2.18 | 48,139 | 40.48 | 2.46 |
| Tobacco Total | -10,497 | 37,642 | 34.34 | 2.18 | 48,139 | 40.48 | 2.46 |
| Portfolio Total | -15,464,075 | 7,522,588 | 1,577.14 | 100.00 | 22,986,663 | 1,648.07 | 100.00 |