| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Montauk Renewables Inc. | 0 | 17,673 | 0.51 | 0.02 | 17,673 | 0.61 | 0.02 |
| Alternative Energy Total | 0 | 17,673 | 0.51 | 0.02 | 17,673 | 0.61 | 0.02 |
| Absa Group Ltd. | -1,303 | 277,602 | 66.45 | 2.30 | 278,905 | 50.51 | 1.90 |
| Capitec Bank Holdings Ltd. | -149 | 29,051 | 120.73 | 4.18 | 29,200 | 101.44 | 3.82 |
| FirstRand Ltd. | -8,560 | 1,717,453 | 155.86 | 5.40 | 1,726,013 | 134.04 | 5.05 |
| Investec Ltd. | 1,478 | 84,346 | 10.31 | 0.36 | 82,868 | 10.62 | 0.40 |
| Investec plc | -4,321 | 117,286 | 14.33 | 0.50 | 121,607 | 15.58 | 0.59 |
| Nedbank Group Ltd. | 79 | 151,952 | 40.46 | 1.40 | 151,873 | 32.42 | 1.22 |
| Standard Bank Group Ltd. | -1,121 | 443,701 | 128.85 | 4.46 | 444,822 | 105.15 | 3.96 |
| Banks Total | -13,897 | 2,821,391 | 536.98 | 18.59 | 2,835,288 | 449.76 | 16.94 |
| Anheuser-Busch InBev SA/NV | 1,932 | 31,952 | 34.20 | 1.18 | 30,020 | 30.82 | 1.16 |
| Beverages Total | 1,932 | 31,952 | 34.20 | 1.18 | 30,020 | 30.82 | 1.16 |
| Cash on call | 0 | 0 | 4.01 | 0.14 | 0 | 4.23 | 0.16 |
| Margin Account | 0 | 0 | 1.22 | 0.04 | 0 | 1.27 | 0.05 |
| Cash on call Total | 0 | 0 | 5.23 | 0.18 | 0 | 5.50 | 0.21 |
| AECI Ltd. | 460 | 37,369 | 3.34 | 0.12 | 36,909 | 3.59 | 0.14 |
| Omnia Holdings Ltd. | 674 | 53,700 | 4.23 | 0.15 | 53,026 | 3.80 | 0.14 |
| Sasol Ltd. | 2,551 | 200,377 | 21.28 | 0.74 | 197,826 | 21.26 | 0.80 |
| Chemicals Total | 3,685 | 291,446 | 28.85 | 1.00 | 287,761 | 28.64 | 1.08 |
| PPC Ltd. | 5,550 | 450,426 | 2.52 | 0.09 | 444,876 | 2.40 | 0.09 |
| Raubex Group Ltd. | 794 | 64,478 | 2.87 | 0.10 | 63,684 | 2.71 | 0.10 |
| Wilson Bayly Holmes - Ovcon Ltd. | 214 | 17,031 | 2.85 | 0.10 | 16,817 | 2.53 | 0.10 |
| Construction and Materials Total | 6,558 | 531,935 | 8.24 | 0.29 | 525,377 | 7.64 | 0.29 |
| Advtech Ltd. | 2,102 | 167,499 | 6.24 | 0.22 | 165,397 | 5.21 | 0.20 |
| Curro Holdings Ltd. | 2,175 | 176,486 | 2.53 | 0.09 | 174,311 | 2.09 | 0.08 |
| Consumer Services Total | 4,277 | 343,985 | 8.77 | 0.30 | 339,708 | 7.30 | 0.27 |
| Equity Derivative | 0 | 0 | 15.44 | 0.53 | 0 | 16.05 | 0.60 |
| Derivatives Total | 0 | 0 | 15.44 | 0.53 | 0 | 16.05 | 0.60 |
| Reunert Ltd. | 637 | 51,700 | 3.22 | 0.11 | 51,063 | 2.75 | 0.10 |
| Electronic and Electrical Equipment Total | 637 | 51,700 | 3.22 | 0.11 | 51,063 | 2.75 | 0.10 |
| Astral Foods Ltd. | 164 | 13,030 | 3.48 | 0.12 | 12,866 | 2.64 | 0.10 |
| AVI Ltd. | 4,282 | 117,314 | 12.38 | 0.43 | 113,032 | 11.18 | 0.42 |
| Oceana Group Ltd. | 0 | 31,337 | 1.75 | 0.06 | 31,337 | 1.55 | 0.06 |
| Tiger Brands Ltd. | 529 | 51,978 | 19.03 | 0.66 | 51,449 | 15.89 | 0.60 |
| Food Producers Total | 4,975 | 213,659 | 36.63 | 1.27 | 208,684 | 31.26 | 1.18 |
| Barloworld Ltd. | -47,326 | 0 | 0.00 | 0.00 | 47,326 | 5.58 | 0.21 |
| KAP Ltd. | -138,139 | 869,505 | 1.67 | 0.06 | 1,007,644 | 1.66 | 0.06 |
| Mondi plc | -625 | 63,322 | 12.89 | 0.45 | 63,947 | 15.07 | 0.57 |
| The Bidvest Group Ltd. | -14 | 113,830 | 27.03 | 0.94 | 113,844 | 24.11 | 0.91 |
| General Industrials Total | -186,104 | 1,046,657 | 41.60 | 1.44 | 1,232,761 | 46.43 | 1.75 |
| Life Healthcare Group Holdings Ltd. | 25,499 | 492,659 | 5.61 | 0.19 | 467,160 | 5.41 | 0.20 |
| Netcare Ltd. | 8,048 | 459,381 | 7.27 | 0.25 | 451,333 | 6.41 | 0.24 |
| Health Care Providers Total | 33,547 | 952,040 | 12.88 | 0.45 | 918,493 | 11.82 | 0.45 |
| Sappi Ltd. | 2,571 | 205,475 | 5.04 | 0.17 | 202,904 | 4.69 | 0.18 |
| Industrial Materials Total | 2,571 | 205,475 | 5.04 | 0.17 | 202,904 | 4.69 | 0.18 |
| African Rainbow Minerals Ltd. | -1,616 | 32,444 | 6.45 | 0.22 | 34,060 | 6.32 | 0.24 |
| Afrimat Ltd. | 552 | 44,834 | 1.85 | 0.06 | 44,282 | 1.68 | 0.06 |
| Anglo American plc | -9,020 | 99,658 | 68.28 | 2.36 | 108,678 | 70.26 | 2.65 |
| BHP Group Ltd. | -3,363 | 48,737 | 24.72 | 0.86 | 52,100 | 24.83 | 0.94 |
| Glencore plc | 45,942 | 334,793 | 30.52 | 1.06 | 288,851 | 23.02 | 0.87 |
| Kumba Iron Ore Ltd. | -531 | 17,522 | 6.15 | 0.21 | 18,053 | 5.86 | 0.22 |
| South32 Ltd. | -13,407 | 83,709 | 3.29 | 0.11 | 97,116 | 3.02 | 0.11 |
| Industrial Metals and Mining Total | 18,557 | 661,697 | 141.25 | 4.89 | 643,140 | 135.00 | 5.09 |
| Hudaco Industries Ltd. | 133 | 10,809 | 2.22 | 0.08 | 10,676 | 1.88 | 0.07 |
| Industrial Support Services Total | 133 | 10,809 | 2.22 | 0.08 | 10,676 | 1.88 | 0.07 |
| Grindrod Ltd. | 2,584 | 209,735 | 3.57 | 0.12 | 207,151 | 3.11 | 0.12 |
| Super Group Ltd. | 1,431 | 116,136 | 2.20 | 0.08 | 114,705 | 1.46 | 0.05 |
| Industrial Transportation Total | 4,015 | 325,871 | 5.76 | 0.20 | 321,856 | 4.57 | 0.17 |
| Alexander Forbes Group Holdings Ltd. | 0 | 80,855 | 0.63 | 0.02 | 80,855 | 0.62 | 0.02 |
| Coronation Fund Managers Ltd. | -4,525 | 92,460 | 4.32 | 0.15 | 96,985 | 4.32 | 0.16 |
| Hosken Consolidated Investments Ltd. | 194 | 15,744 | 2.46 | 0.09 | 15,550 | 1.92 | 0.07 |
| JSE Ltd. | -2,092 | 26,526 | 3.80 | 0.13 | 28,618 | 3.65 | 0.14 |
| Ninety One Ltd. | 5,519 | 77,290 | 3.70 | 0.13 | 71,771 | 3.26 | 0.12 |
| Ninety One plc | -5,893 | 55,722 | 2.69 | 0.09 | 61,615 | 2.89 | 0.11 |
| PSG Financial Services Ltd. | 5,079 | 343,789 | 9.37 | 0.32 | 338,710 | 7.72 | 0.29 |
| Quilter plc | -6,824 | 240,369 | 9.75 | 0.34 | 247,193 | 9.47 | 0.36 |
| Reinet Investments SCA | -133 | 45,010 | 26.11 | 0.90 | 45,143 | 22.80 | 0.86 |
| Remgro Ltd. | -1,248 | 166,477 | 30.23 | 1.05 | 167,725 | 28.13 | 1.06 |
| Investment Banking and Brokerage Services Total | -9,923 | 1,144,242 | 93.06 | 3.22 | 1,154,165 | 84.78 | 3.19 |
| Discovery Ltd. | -768 | 180,933 | 41.18 | 1.43 | 181,701 | 35.80 | 1.35 |
| Momentum Group Ltd. | 6,265 | 424,085 | 16.22 | 0.56 | 417,820 | 13.70 | 0.52 |
| Old Mutual Ltd. | -24,838 | 1,357,207 | 20.22 | 0.70 | 1,382,045 | 18.45 | 0.70 |
| Sanlam Ltd. | 309 | 594,645 | 58.57 | 2.03 | 594,336 | 49.68 | 1.87 |
| Life Insurance Total | -19,032 | 2,556,870 | 136.18 | 4.71 | 2,575,902 | 117.63 | 4.43 |
| OUTsurance Group Ltd. | -1,125 | 288,811 | 20.70 | 0.72 | 289,936 | 20.79 | 0.78 |
| Santam Ltd. | -435 | 13,297 | 5.68 | 0.20 | 13,732 | 5.19 | 0.20 |
| Non-life Insurance Total | -1,560 | 302,108 | 26.38 | 0.91 | 303,668 | 25.98 | 0.98 |
| Exxaro Resources Ltd. | 1,202 | 81,354 | 14.56 | 0.50 | 80,152 | 14.44 | 0.54 |
| Thungela Resources Ltd. | -2,845 | 35,787 | 3.44 | 0.12 | 38,632 | 3.38 | 0.13 |
| Oil, Gas and Coal Total | -1,643 | 117,141 | 18.00 | 0.62 | 118,784 | 17.82 | 0.67 |
| Bid Corporation Ltd. | -985 | 113,106 | 47.72 | 1.65 | 114,091 | 49.32 | 1.86 |
| Boxer Retail Ltd. | -435 | 54,946 | 3.92 | 0.14 | 55,381 | 3.83 | 0.14 |
| Clicks Group Ltd. | -1,392 | 79,176 | 26.65 | 0.92 | 80,568 | 28.40 | 1.07 |
| Dis-Chem Pharmacies Ltd. | 2,215 | 176,500 | 6.18 | 0.21 | 174,285 | 5.71 | 0.22 |
| Pick n Pay Stores Ltd. | 2,323 | 185,666 | 4.62 | 0.16 | 183,343 | 4.66 | 0.18 |
| Shoprite Holdings Ltd. | -788 | 160,561 | 43.39 | 1.50 | 161,349 | 44.21 | 1.67 |
| The SPAR Group Ltd. | 3,140 | 68,460 | 6.54 | 0.23 | 65,320 | 6.44 | 0.24 |
| Personal Care, Drug and Grocery Stores Total | 4,078 | 838,415 | 139.01 | 4.81 | 834,337 | 142.55 | 5.37 |
| Compagnie Financière Richemont SA | -10 | 15,974 | 57.94 | 2.01 | 15,984 | 52.26 | 1.97 |
| Personal Goods Total | -10 | 15,974 | 57.94 | 2.01 | 15,984 | 52.26 | 1.97 |
| Adcock Ingram Holdings Ltd. | -17,736 | 0 | 0.00 | 0.00 | 17,736 | 1.28 | 0.05 |
| Aspen Pharmacare Holdings Ltd. | 2,323 | 132,602 | 15.49 | 0.54 | 130,279 | 12.62 | 0.48 |
| Pharmaceuticals and Biotechnology Total | -15,413 | 132,602 | 15.49 | 0.54 | 148,015 | 13.90 | 0.52 |
| AngloGold Ashanti plc | -2,704 | 117,300 | 168.11 | 5.82 | 120,004 | 145.63 | 5.49 |
| DRDGOLD Ltd. | 2,629 | 150,028 | 7.86 | 0.27 | 147,399 | 7.09 | 0.27 |
| Gold Fields Ltd. | -1,077 | 297,602 | 215.97 | 7.48 | 298,679 | 217.76 | 8.20 |
| Harmony Gold Mining Company Ltd. | -1,493 | 184,285 | 62.12 | 2.15 | 185,778 | 58.49 | 2.20 |
| Impala Platinum Holdings Ltd. | -1,818 | 263,141 | 68.94 | 2.39 | 264,959 | 58.44 | 2.20 |
| Northam Platinum Holdings Ltd. | -137 | 119,027 | 40.13 | 1.39 | 119,164 | 33.49 | 1.26 |
| Pan African Resources plc | -2,448 | 557,432 | 15.01 | 0.52 | 559,880 | 11.37 | 0.43 |
| Sibanye Stillwater Ltd. | -1,391 | 947,051 | 57.30 | 1.98 | 948,442 | 46.75 | 1.76 |
| Valterra Platinum Ltd. | 4,847 | 78,730 | 110.97 | 3.84 | 73,883 | 91.27 | 3.44 |
| Precious Metals and Mining Total | -3,592 | 2,714,596 | 746.41 | 25.84 | 2,718,188 | 670.30 | 25.25 |
| Fortress Real Estate Investments Ltd. | 6,250 | 423,157 | 10.11 | 0.35 | 416,907 | 9.62 | 0.36 |
| Lighthouse Properties plc | 4,695 | 381,008 | 3.22 | 0.11 | 376,313 | 2.95 | 0.11 |
| MAS plc | 1,582 | 126,046 | 2.85 | 0.10 | 124,464 | 2.64 | 0.10 |
| NEPI Rockcastle NV | -506 | 195,454 | 28.51 | 0.99 | 195,960 | 27.10 | 1.02 |
| Real Estate Investment and Services Total | 12,021 | 1,125,665 | 44.69 | 1.55 | 1,113,644 | 42.32 | 1.59 |
| Attacq Ltd. | -2,115 | 266,832 | 4.35 | 0.15 | 268,947 | 3.71 | 0.14 |
| Burstone Group Ltd. | -32,773 | 206,101 | 1.88 | 0.07 | 238,874 | 1.95 | 0.07 |
| Emira Property Fund Ltd. | 944 | 76,603 | 1.04 | 0.04 | 75,659 | 0.92 | 0.03 |
| Equites Property Fund Ltd. | 3,612 | 288,682 | 5.30 | 0.18 | 285,070 | 4.58 | 0.17 |
| Fairvest Ltd. | 66,732 | 679,257 | 4.88 | 0.17 | 612,525 | 3.38 | 0.13 |
| Growthpoint Properties Ltd. | -3,019 | 1,108,670 | 19.02 | 0.66 | 1,111,689 | 16.38 | 0.62 |
| Hammerson plc | 11,950 | 52,189 | 3.81 | 0.13 | 40,239 | 2.70 | 0.10 |
| Hyprop Investments Ltd. | 2,349 | 134,094 | 7.65 | 0.26 | 131,745 | 6.16 | 0.23 |
| Redefine Properties Ltd. | -61,741 | 2,259,435 | 13.56 | 0.47 | 2,321,176 | 11.54 | 0.43 |
| Resilient REIT Ltd. | -2,015 | 97,686 | 7.81 | 0.27 | 99,701 | 6.39 | 0.24 |
| SA Corporate Real Estate Ltd. | 10,290 | 819,936 | 2.95 | 0.10 | 809,646 | 2.51 | 0.09 |
| Shaftesbury Capital plc | 701 | 56,888 | 1.84 | 0.06 | 56,187 | 1.84 | 0.07 |
| Sirius Real Estate Ltd. | 1,949 | 155,288 | 3.37 | 0.12 | 153,339 | 3.45 | 0.13 |
| Stor-Age Property REIT Ltd. | 14,900 | 158,438 | 2.84 | 0.10 | 143,538 | 2.22 | 0.08 |
| Vukile Property Fund Ltd. | 48,424 | 460,510 | 11.51 | 0.40 | 412,086 | 8.55 | 0.32 |
| Real Estate Investment Trusts Total | 60,188 | 6,820,609 | 91.82 | 3.18 | 6,760,421 | 76.25 | 2.87 |
| Italtile Ltd. | -30,282 | 132,303 | 1.20 | 0.04 | 162,585 | 1.51 | 0.06 |
| Motus Holdings Ltd. | 647 | 51,582 | 6.29 | 0.22 | 50,935 | 5.30 | 0.20 |
| Mr Price Group Ltd. | 790 | 85,030 | 14.88 | 0.52 | 84,240 | 17.16 | 0.65 |
| Pepkor Holdings Ltd. | -4,447 | 1,240,616 | 32.81 | 1.14 | 1,245,063 | 30.27 | 1.14 |
| The Foschini Group Ltd. | -1,600 | 106,490 | 8.94 | 0.31 | 108,090 | 11.79 | 0.44 |
| Truworths International Ltd. | -15 | 124,910 | 7.11 | 0.25 | 124,925 | 6.83 | 0.26 |
| We Buy Cars Holdings Ltd. | -4,605 | 74,384 | 3.56 | 0.12 | 78,989 | 4.37 | 0.16 |
| Woolworths Holdings Ltd. | -1,301 | 296,197 | 16.59 | 0.57 | 297,498 | 14.96 | 0.56 |
| Retailers Total | -40,813 | 2,111,512 | 91.38 | 3.16 | 2,152,325 | 92.19 | 3.47 |
| Altron Ltd. | -13,929 | 75,755 | 1.51 | 0.05 | 89,684 | 1.64 | 0.06 |
| Bytes Technology Group plc | 15,824 | 41,805 | 3.41 | 0.12 | 25,981 | 2.40 | 0.09 |
| Datatec Ltd. | -2,879 | 71,067 | 5.62 | 0.19 | 73,946 | 4.44 | 0.17 |
| Naspers Ltd. | 195,853 | 235,287 | 259.88 | 9.00 | 39,434 | 246.65 | 9.29 |
| Prosus NV | 5,636 | 73,525 | 75.25 | 2.61 | 67,889 | 82.19 | 3.10 |
| Software and Computer Services Total | 200,505 | 497,439 | 345.66 | 11.97 | 296,934 | 337.32 | 12.71 |
| Blu Label Unlimited Group Ltd. | 44,308 | 225,190 | 2.37 | 0.08 | 180,882 | 2.17 | 0.08 |
| MTN Group Ltd. | -3,773 | 592,351 | 100.40 | 3.48 | 596,124 | 86.44 | 3.26 |
| MultiChoice Group Ltd. | -71,528 | 0 | 0.00 | 0.00 | 71,528 | 8.96 | 0.34 |
| Telkom SA SOC Ltd. | 1,199 | 95,849 | 5.66 | 0.20 | 94,650 | 4.84 | 0.18 |
| Vodacom Group Ltd. | -1,044 | 199,993 | 28.26 | 0.98 | 201,037 | 26.80 | 1.01 |
| Telecommunications Service Providers Total | -30,838 | 1,113,383 | 136.69 | 4.73 | 1,144,221 | 129.20 | 4.87 |
| British American Tobacco plc | -10,894 | 54,616 | 51.41 | 1.78 | 65,510 | 59.76 | 2.25 |
| Tobacco Total | -10,894 | 54,616 | 51.41 | 1.78 | 65,510 | 59.76 | 2.25 |
| Famous Brands Ltd. | 427 | 34,000 | 1.82 | 0.06 | 33,573 | 1.80 | 0.07 |
| Southern Sun Ltd. | -30,917 | 253,031 | 2.59 | 0.09 | 283,948 | 2.43 | 0.09 |
| Sun International Ltd. | -7,149 | 51,960 | 2.01 | 0.07 | 59,109 | 2.39 | 0.09 |
| Tsogo Sun Ltd. | 42,687 | 188,734 | 1.32 | 0.05 | 146,047 | 0.95 | 0.04 |
| Travel and Leisure Total | 5,048 | 527,725 | 7.74 | 0.27 | 522,677 | 7.56 | 0.28 |
| Portfolio Total | 29,008 | 27,579,187 | 2,888.67 | 100.00 | 27,550,179 | 2,654.54 | 100.00 |