| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 21,131 | 2,368,251 | 416.81 | 2.36 | 2,347,120 | 415.42 | 2.57 |
| Capitec Bank Holdings Ltd. | 4,621 | 245,811 | 872.87 | 4.94 | 241,190 | 748.33 | 4.64 |
| FirstRand Ltd. | 216,725 | 14,553,101 | 1,101.52 | 6.24 | 14,336,376 | 1,029.93 | 6.38 |
| Investec Ltd. | 6,785 | 706,223 | 93.41 | 0.53 | 699,438 | 79.71 | 0.49 |
| Investec plc | -18,100 | 1,046,670 | 138.34 | 0.78 | 1,064,770 | 121.28 | 0.75 |
| Nedbank Group Ltd. | 11,728 | 1,301,240 | 316.27 | 1.79 | 1,289,512 | 331.73 | 2.06 |
| Standard Bank Group Ltd. | 6,895 | 3,752,841 | 853.88 | 4.83 | 3,745,946 | 896.82 | 5.56 |
| Banks Total | 249,785 | 23,974,137 | 3,793.10 | 21.48 | 23,724,352 | 3,623.21 | 22.45 |
| Anheuser-Busch InBev SA/NV | 21,865 | 264,201 | 321.96 | 1.82 | 242,336 | 273.99 | 1.70 |
| Beverages Total | 21,865 | 264,201 | 321.96 | 1.82 | 242,336 | 273.99 | 1.70 |
| Cash on call | 0 | 0 | 199.08 | 1.13 | 0 | 114.08 | 0.71 |
| Cash on call Total | 0 | 0 | 199.08 | 1.13 | 0 | 114.08 | 0.71 |
| Sasol Ltd. | 26,502 | 1,675,519 | 131.96 | 0.75 | 1,649,017 | 126.15 | 0.78 |
| Chemicals Total | 26,502 | 1,675,519 | 131.96 | 0.75 | 1,649,017 | 126.15 | 0.78 |
| Mondi plc | 1,111 | 537,199 | 156.37 | 0.89 | 536,088 | 145.92 | 0.90 |
| The Bidvest Group Ltd. | 9,620 | 970,724 | 226.68 | 1.28 | 961,104 | 226.34 | 1.40 |
| General Industrials Total | 10,731 | 1,507,923 | 383.05 | 2.17 | 1,497,192 | 372.26 | 2.31 |
| Anglo American plc | -147,556 | 924,658 | 486.05 | 2.75 | 1,072,214 | 547.85 | 3.40 |
| BHP Group Ltd. | -16,615 | 454,432 | 194.02 | 1.10 | 471,047 | 206.70 | 1.28 |
| Glencore plc | -1,590,516 | 0 | 0.00 | 0.00 | 1,590,516 | 107.01 | 0.66 |
| Industrial Metals and Mining Total | -1,754,687 | 1,379,090 | 680.06 | 3.85 | 3,133,777 | 861.55 | 5.34 |
| Reinet Investments SCA | 3,652 | 380,329 | 219.13 | 1.24 | 376,677 | 167.70 | 1.04 |
| Remgro Ltd. | 2,987 | 1,424,362 | 225.33 | 1.28 | 1,421,375 | 224.29 | 1.39 |
| Investment Banking and Brokerage Services Total | 6,639 | 1,804,691 | 444.46 | 2.52 | 1,798,052 | 391.99 | 2.43 |
| Discovery Ltd. | 23,363 | 1,534,879 | 329.69 | 1.87 | 1,511,516 | 301.55 | 1.87 |
| Old Mutual Ltd. | -409,977 | 11,756,627 | 141.90 | 0.80 | 12,166,604 | 144.78 | 0.90 |
| Sanlam Ltd. | 297,685 | 5,011,516 | 444.37 | 2.52 | 4,713,831 | 390.07 | 2.42 |
| Life Insurance Total | -88,929 | 18,303,022 | 915.97 | 5.19 | 18,391,951 | 836.40 | 5.18 |
| OUTsurance Group Ltd. | 52,499 | 2,442,096 | 191.29 | 1.08 | 2,389,597 | 166.55 | 1.03 |
| Non-life Insurance Total | 52,499 | 2,442,096 | 191.29 | 1.08 | 2,389,597 | 166.55 | 1.03 |
| Bid Corporation Ltd. | 16,753 | 959,266 | 448.39 | 2.54 | 942,513 | 414.19 | 2.57 |
| Clicks Group Ltd. | 3,334 | 677,254 | 251.26 | 1.42 | 673,920 | 228.28 | 1.41 |
| Shoprite Holdings Ltd. | -7,998 | 1,349,127 | 373.64 | 2.12 | 1,357,125 | 370.10 | 2.29 |
| Personal Care, Drug and Grocery Stores Total | 12,089 | 2,985,647 | 1,073.29 | 6.08 | 2,973,558 | 1,012.57 | 6.27 |
| Compagnie Financière Richemont SA | -5,795 | 136,753 | 455.52 | 2.58 | 142,548 | 451.85 | 2.80 |
| Personal Goods Total | -5,795 | 136,753 | 455.52 | 2.58 | 142,548 | 451.85 | 2.80 |
| Aspen Pharmacare Holdings Ltd. | 10,345 | 1,106,241 | 132.18 | 0.75 | 1,095,896 | 179.43 | 1.11 |
| Pharmaceuticals and Biotechnology Total | 10,345 | 1,106,241 | 132.18 | 0.75 | 1,095,896 | 179.43 | 1.11 |
| AngloGold Ashanti plc | 38,078 | 1,012,139 | 810.62 | 4.59 | 974,061 | 669.00 | 4.15 |
| Gold Fields Ltd. | 24,411 | 2,521,796 | 1,048.51 | 5.94 | 2,497,385 | 1,012.49 | 6.27 |
| Harmony Gold Mining Company Ltd. | -10,921 | 1,561,737 | 382.33 | 2.16 | 1,572,658 | 419.10 | 2.60 |
| Impala Platinum Holdings Ltd. | -43,877 | 2,235,481 | 355.28 | 2.01 | 2,279,358 | 287.02 | 1.78 |
| Northam Platinum Holdings Ltd. | 1,009,602 | 1,009,602 | 193.55 | 1.10 | 0 | 0.00 | 0.00 |
| Sibanye Stillwater Ltd. | 80,386 | 8,024,251 | 258.86 | 1.47 | 7,943,865 | 165.47 | 1.03 |
| Valterra Platinum Ltd. | 113,190 | 362,007 | 286.10 | 1.62 | 248,817 | 182.72 | 1.13 |
| Precious Metals and Mining Total | 1,210,869 | 16,727,013 | 3,335.26 | 18.88 | 15,516,144 | 2,735.80 | 16.95 |
| NEPI Rockcastle NV | 7,042 | 1,691,428 | 228.26 | 1.29 | 1,684,386 | 223.21 | 1.38 |
| Real Estate Investment and Services Total | 7,042 | 1,691,428 | 228.26 | 1.29 | 1,684,386 | 223.21 | 1.38 |
| Growthpoint Properties Ltd. | 103,388 | 9,635,459 | 129.02 | 0.73 | 9,532,071 | 123.44 | 0.77 |
| Real Estate Investment Trusts Total | 103,388 | 9,635,459 | 129.02 | 0.73 | 9,532,071 | 123.44 | 0.77 |
| Mr Price Group Ltd. | 9,502 | 721,556 | 159.77 | 0.90 | 712,054 | 157.78 | 0.98 |
| Pepkor Holdings Ltd. | 108,423 | 7,565,651 | 206.01 | 1.17 | 7,457,228 | 190.38 | 1.18 |
| Woolworths Holdings Ltd. | 23,960 | 2,571,000 | 133.07 | 0.75 | 2,547,040 | 129.90 | 0.81 |
| Retailers Total | 141,885 | 10,858,207 | 498.86 | 2.82 | 10,716,322 | 478.07 | 2.96 |
| Naspers Ltd. | -20,224 | 452,313 | 2,494.68 | 14.12 | 472,537 | 2,134.92 | 13.23 |
| Prosus NV | -42,235 | 804,145 | 797.40 | 4.51 | 846,380 | 712.31 | 4.41 |
| Software and Computer Services Total | -62,459 | 1,256,458 | 3,292.08 | 18.64 | 1,318,917 | 2,847.24 | 17.64 |
| MTN Group Ltd. | 49,456 | 5,164,657 | 727.39 | 4.12 | 5,115,201 | 630.35 | 3.91 |
| Vodacom Group Ltd. | 16,359 | 1,703,265 | 232.84 | 1.32 | 1,686,906 | 211.62 | 1.31 |
| Telecommunications Service Providers Total | 65,815 | 6,867,922 | 960.23 | 5.44 | 6,802,107 | 841.97 | 5.22 |
| British American Tobacco plc | -42,449 | 589,900 | 495.99 | 2.81 | 632,349 | 477.18 | 2.96 |
| Tobacco Total | -42,449 | 589,900 | 495.99 | 2.81 | 632,349 | 477.18 | 2.96 |
| Portfolio Total | -34,865 | 103,205,707 | 17,661.62 | 100.00 | 103,240,572 | 16,136.94 | 100.00 |