| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Cash on call | 0 | 0 | 2.86 | 0.54 | 0 | 3.20 | 0.67 |
| Cash on call Total | 0 | 0 | 2.86 | 0.54 | 0 | 3.20 | 0.67 |
| Sasol Ltd. | 203,746 | 203,746 | 15.59 | 2.96 | 0 | 0.00 | 0.00 |
| Chemicals Total | 203,746 | 203,746 | 15.59 | 2.96 | 0 | 0.00 | 0.00 |
| AVI Ltd. | 22,457 | 115,698 | 10.26 | 1.95 | 93,241 | 10.23 | 2.13 |
| Tiger Brands Ltd. | 10,608 | 54,650 | 15.19 | 2.89 | 44,042 | 12.73 | 2.65 |
| Food Producers Total | 33,065 | 170,348 | 25.44 | 4.84 | 137,283 | 22.96 | 4.78 |
| The Bidvest Group Ltd. | 23,151 | 118,750 | 27.97 | 5.32 | 95,599 | 25.21 | 5.25 |
| General Industrials Total | 23,151 | 118,750 | 27.97 | 5.32 | 95,599 | 25.21 | 5.25 |
| Life Healthcare Group Holdings Ltd. | 93,966 | 484,102 | 6.70 | 1.27 | 390,136 | 6.39 | 1.33 |
| Netcare Ltd. | 95,945 | 494,230 | 6.51 | 1.24 | 398,285 | 5.94 | 1.24 |
| Health Care Providers Total | 189,911 | 978,332 | 13.20 | 2.51 | 788,421 | 12.33 | 2.57 |
| Sappi Ltd. | 40,440 | 208,342 | 7.54 | 1.43 | 167,902 | 8.27 | 1.72 |
| Industrial Materials Total | 40,440 | 208,342 | 7.54 | 1.43 | 167,902 | 8.27 | 1.72 |
| African Rainbow Minerals Ltd. | 7,104 | 36,599 | 5.34 | 1.02 | 29,495 | 4.44 | 0.92 |
| Industrial Metals and Mining Total | 7,104 | 36,599 | 5.34 | 1.02 | 29,495 | 4.44 | 0.92 |
| Ninety One Ltd. | 15,533 | 79,676 | 2.77 | 0.53 | 64,143 | 2.22 | 0.46 |
| Ninety One plc | 13,009 | 62,591 | 2.18 | 0.41 | 49,582 | 1.70 | 0.36 |
| Quilter plc | 49,296 | 276,663 | 9.67 | 1.84 | 227,367 | 8.09 | 1.68 |
| Reinet Investments SCA | 9,074 | 46,541 | 20.72 | 3.94 | 37,467 | 16.75 | 3.49 |
| Remgro Ltd. | 34,239 | 175,620 | 27.71 | 5.27 | 141,381 | 21.93 | 4.57 |
| Investment Banking and Brokerage Services Total | 121,151 | 641,091 | 63.05 | 11.99 | 519,940 | 50.69 | 10.56 |
| Discovery Ltd. | -150,347 | 0 | 0.00 | 0.00 | 150,347 | 29.28 | 6.10 |
| Momentum Group Ltd. | 87,030 | 448,365 | 13.99 | 2.66 | 361,335 | 10.93 | 2.28 |
| Old Mutual Ltd. | 271,736 | 1,503,258 | 17.89 | 3.40 | 1,231,522 | 15.41 | 3.21 |
| Life Insurance Total | 208,419 | 1,951,623 | 31.88 | 6.06 | 1,743,204 | 55.62 | 11.59 |
| OUTsurance Group Ltd. | 57,309 | 295,249 | 20.58 | 3.91 | 237,940 | 15.82 | 3.30 |
| Santam Ltd. | 2,734 | 14,087 | 5.26 | 1.00 | 11,353 | 4.46 | 0.93 |
| Non-life Insurance Total | 60,043 | 309,336 | 25.84 | 4.91 | 249,293 | 20.28 | 4.23 |
| Exxaro Resources Ltd. | 16,384 | 84,411 | 12.52 | 2.38 | 68,027 | 10.74 | 2.24 |
| Thungela Resources Ltd. | -31,362 | 0 | 0.00 | 0.00 | 31,362 | 4.19 | 0.87 |
| Oil, Gas and Coal Total | -14,978 | 84,411 | 12.52 | 2.38 | 99,389 | 14.94 | 3.11 |
| Boxer Retail Ltd. | 55,368 | 55,368 | 3.89 | 0.74 | 0 | 0.00 | 0.00 |
| Clicks Group Ltd. | 16,234 | 83,267 | 28.21 | 5.36 | 67,033 | 25.01 | 5.21 |
| Dis-Chem Pharmacies Ltd. | 32,024 | 164,984 | 5.00 | 0.95 | 132,960 | 4.80 | 1.00 |
| The SPAR Group Ltd. | 13,069 | 67,331 | 7.96 | 1.51 | 54,262 | 7.93 | 1.65 |
| Personal Care, Drug and Grocery Stores Total | 116,695 | 370,950 | 45.05 | 8.57 | 254,255 | 37.74 | 7.86 |
| Aspen Pharmacare Holdings Ltd. | 26,399 | 135,405 | 22.17 | 4.22 | 109,006 | 17.97 | 3.74 |
| Pharmaceuticals and Biotechnology Total | 26,399 | 135,405 | 22.17 | 4.22 | 109,006 | 17.97 | 3.74 |
| Harmony Gold Mining Company Ltd. | -156,429 | 0 | 0.00 | 0.00 | 156,429 | 23.57 | 4.91 |
| Impala Platinum Holdings Ltd. | 54,906 | 281,629 | 35.46 | 6.74 | 226,723 | 19.89 | 4.15 |
| Northam Platinum Holdings Ltd. | 23,958 | 123,429 | 16.16 | 3.07 | 99,471 | 9.69 | 2.02 |
| Sibanye Stillwater Ltd. | 190,516 | 981,513 | 20.44 | 3.89 | 790,997 | 11.85 | 2.47 |
| Precious Metals and Mining Total | 112,951 | 1,386,571 | 72.07 | 13.71 | 1,273,620 | 65.00 | 13.54 |
| NEPI Rockcastle NV | 40,574 | 208,116 | 27.58 | 5.25 | 167,542 | 23.12 | 4.82 |
| Real Estate Investment and Services Total | 40,574 | 208,116 | 27.58 | 5.25 | 167,542 | 23.12 | 4.82 |
| Assura plc | 82,439 | 82,439 | 0.95 | 0.18 | 0 | 0.00 | 0.00 |
| Growthpoint Properties Ltd. | 228,605 | 1,177,745 | 15.25 | 2.90 | 949,140 | 12.08 | 2.52 |
| Hammerson plc | 11,053 | 32,699 | 1.91 | 0.36 | 21,646 | 1.44 | 0.30 |
| Primary Health Properties plc | 7,758 | 38,932 | 0.90 | 0.17 | 31,174 | 0.69 | 0.14 |
| Redefine Properties Ltd. | 508,375 | 2,410,409 | 10.08 | 1.92 | 1,902,034 | 8.65 | 1.80 |
| Shaftesbury Capital plc | 6,308 | 38,916 | 1.15 | 0.22 | 32,608 | 1.02 | 0.21 |
| Sirius Real Estate Ltd. | 28,571 | 144,339 | 2.92 | 0.55 | 115,768 | 2.13 | 0.44 |
| Real Estate Investment Trusts Total | 873,109 | 3,925,479 | 33.16 | 6.31 | 3,052,370 | 26.02 | 5.42 |
| Mr Price Group Ltd. | 17,971 | 87,979 | 19.50 | 3.71 | 70,008 | 20.67 | 4.31 |
| Pepkor Holdings Ltd. | 179,631 | 921,386 | 23.52 | 4.47 | 741,755 | 21.47 | 4.47 |
| The Foschini Group Ltd. | 21,743 | 112,015 | 13.93 | 2.65 | 90,272 | 15.17 | 3.16 |
| Truworths International Ltd. | 24,920 | 128,384 | 9.24 | 1.76 | 103,464 | 10.72 | 2.23 |
| Woolworths Holdings Ltd. | 61,085 | 314,702 | 16.05 | 3.05 | 253,617 | 15.81 | 3.29 |
| Retailers Total | 305,350 | 1,564,466 | 82.23 | 15.64 | 1,259,116 | 83.84 | 17.47 |
| Bytes Technology Group plc | 4,223 | 19,324 | 2.23 | 0.42 | 15,101 | 1.48 | 0.31 |
| Karooooo Ltd. | 1,879 | 1,879 | 1.47 | 0.28 | 0 | 0.00 | 0.00 |
| Software and Computer Services Total | 6,102 | 21,203 | 3.69 | 0.70 | 15,101 | 1.48 | 0.31 |
| MultiChoice Group Ltd. | 15,236 | 78,493 | 8.61 | 1.64 | 63,257 | 6.83 | 1.42 |
| Telecommunications Service Providers Total | 15,236 | 78,493 | 8.61 | 1.64 | 63,257 | 6.83 | 1.42 |
| Portfolio Total | 2,368,468 | 12,393,261 | 525.79 | 100.00 | 10,024,793 | 479.94 | 100.00 |