| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Montauk Renewables Inc. | -19,392 | 0 | 0.00 | 0.00 | 19,392 | 0.56 | 0.02 |
| Alternative Energy Total | -19,392 | 0 | 0.00 | 0.00 | 19,392 | 0.56 | 0.02 |
| Absa Group Ltd. | -66,858 | 237,299 | 57.23 | 2.28 | 304,157 | 72.80 | 2.32 |
| Capitec Bank Holdings Ltd. | -6,594 | 25,130 | 103.59 | 4.12 | 31,724 | 131.84 | 4.20 |
| FirstRand Ltd. | -414,530 | 1,462,644 | 125.99 | 5.01 | 1,877,174 | 170.35 | 5.43 |
| Investec Ltd. | -22,045 | 68,678 | 8.76 | 0.35 | 90,723 | 11.08 | 0.35 |
| Investec plc | -31,129 | 96,863 | 12.53 | 0.50 | 127,992 | 15.64 | 0.50 |
| Nedbank Group Ltd. | -38,846 | 127,613 | 34.04 | 1.35 | 166,459 | 44.32 | 1.41 |
| Standard Bank Group Ltd. | -108,332 | 376,498 | 114.62 | 4.56 | 484,830 | 140.79 | 4.48 |
| Banks Total | -688,334 | 2,394,725 | 456.77 | 18.18 | 3,083,059 | 586.83 | 18.69 |
| Anheuser-Busch InBev SA/NV | -7,958 | 26,924 | 31.73 | 1.26 | 34,882 | 37.34 | 1.19 |
| Beverages Total | -7,958 | 26,924 | 31.73 | 1.26 | 34,882 | 37.34 | 1.19 |
| Cash on call | 0 | 0 | 100.90 | 4.02 | 0 | 9.53 | 0.30 |
| Cash on call Total | 0 | 0 | 100.90 | 4.02 | 0 | 9.53 | 0.30 |
| AECI Ltd. | -8,614 | 30,862 | 3.53 | 0.14 | 39,476 | 3.53 | 0.11 |
| Omnia Holdings Ltd. | -12,515 | 45,066 | 4.30 | 0.17 | 57,581 | 4.54 | 0.14 |
| Sasol Ltd. | -50,270 | 169,085 | 38.11 | 1.52 | 219,355 | 23.30 | 0.74 |
| Chemicals Total | -71,399 | 245,013 | 45.94 | 1.83 | 316,412 | 31.36 | 1.00 |
| PPC Ltd. | -101,952 | 365,452 | 2.17 | 0.09 | 467,404 | 2.61 | 0.08 |
| Raubex Group Ltd. | -14,514 | 51,873 | 2.53 | 0.10 | 66,387 | 2.96 | 0.09 |
| Wilson Bayly Holmes - Ovcon Ltd. | -3,407 | 15,329 | 2.38 | 0.09 | 18,736 | 3.13 | 0.10 |
| Construction and Materials Total | -119,873 | 432,654 | 7.07 | 0.28 | 552,527 | 8.70 | 0.28 |
| Advtech Ltd. | -47,144 | 138,368 | 5.84 | 0.23 | 185,512 | 6.91 | 0.22 |
| Curro Holdings Ltd. | -188,234 | 0 | 0.00 | 0.00 | 188,234 | 2.70 | 0.09 |
| Consumer Services Total | -235,378 | 138,368 | 5.84 | 0.23 | 373,746 | 9.61 | 0.31 |
| Reunert Ltd. | -9,309 | 42,919 | 2.80 | 0.11 | 52,228 | 3.25 | 0.10 |
| Electronic and Electrical Equipment Total | -9,309 | 42,919 | 2.80 | 0.11 | 52,228 | 3.25 | 0.10 |
| Optasia Ltd. | 64,549 | 64,549 | 1.27 | 0.05 | 0 | 0.00 | 0.00 |
| Finance and Credit Services Total | 64,549 | 64,549 | 1.27 | 0.05 | 0 | 0.00 | 0.00 |
| Astral Foods Ltd. | -3,068 | 11,028 | 2.81 | 0.11 | 14,096 | 3.76 | 0.12 |
| AVI Ltd. | -30,046 | 95,541 | 9.92 | 0.39 | 125,587 | 13.25 | 0.42 |
| Oceana Group Ltd. | -12,752 | 30,202 | 1.60 | 0.06 | 42,954 | 2.39 | 0.08 |
| Premier Group Ltd. | 7,014 | 7,014 | 1.22 | 0.05 | 0 | 0.00 | 0.00 |
| Tiger Brands Ltd. | -14,349 | 42,187 | 12.61 | 0.50 | 56,536 | 20.70 | 0.66 |
| Food Producers Total | -53,201 | 185,972 | 28.17 | 1.12 | 239,173 | 40.11 | 1.28 |
| KAP Ltd. | -258,964 | 747,905 | 1.53 | 0.06 | 1,006,869 | 1.93 | 0.06 |
| Mondi plc | -16,910 | 52,175 | 10.00 | 0.40 | 69,085 | 14.07 | 0.45 |
| The Bidvest Group Ltd. | -27,140 | 97,036 | 22.08 | 0.88 | 124,176 | 29.49 | 0.94 |
| General Industrials Total | -303,014 | 897,116 | 33.61 | 1.34 | 1,200,130 | 45.49 | 1.45 |
| Life Healthcare Group Holdings Ltd. | -130,716 | 389,007 | 4.49 | 0.18 | 519,723 | 5.92 | 0.19 |
| Netcare Ltd. | -109,622 | 392,613 | 6.49 | 0.26 | 502,235 | 7.95 | 0.25 |
| Health Care Providers Total | -240,338 | 781,620 | 10.98 | 0.44 | 1,021,958 | 13.87 | 0.44 |
| Sappi Ltd. | -41,825 | 180,383 | 3.04 | 0.12 | 222,208 | 5.46 | 0.17 |
| Industrial Materials Total | -41,825 | 180,383 | 3.04 | 0.12 | 222,208 | 5.46 | 0.17 |
| African Rainbow Minerals Ltd. | -7,194 | 27,997 | 6.46 | 0.26 | 35,191 | 7.00 | 0.22 |
| Afrimat Ltd. | -11,807 | 42,519 | 1.56 | 0.06 | 54,326 | 2.24 | 0.07 |
| Anglo American plc | -24,125 | 84,683 | 60.97 | 2.43 | 108,808 | 74.54 | 2.37 |
| BHP Group Ltd. | -15,022 | 38,183 | 23.14 | 0.92 | 53,205 | 26.98 | 0.86 |
| Glencore plc | -62,362 | 302,627 | 38.73 | 1.54 | 364,989 | 33.27 | 1.06 |
| Kumba Iron Ore Ltd. | -4,248 | 15,261 | 4.87 | 0.19 | 19,509 | 6.85 | 0.22 |
| South32 Ltd. | -24,782 | 64,570 | 3.29 | 0.13 | 89,352 | 3.52 | 0.11 |
| Industrial Metals and Mining Total | -149,540 | 575,840 | 139.03 | 5.53 | 725,380 | 154.39 | 4.92 |
| Hudaco Industries Ltd. | -4,226 | 8,705 | 1.65 | 0.07 | 12,931 | 2.65 | 0.08 |
| Industrial Support Services Total | -4,226 | 8,705 | 1.65 | 0.07 | 12,931 | 2.65 | 0.08 |
| Grindrod Ltd. | -49,560 | 177,584 | 3.33 | 0.13 | 227,144 | 3.86 | 0.12 |
| Super Group Ltd. | -20,053 | 93,874 | 1.60 | 0.06 | 113,927 | 2.15 | 0.07 |
| Industrial Transportation Total | -69,613 | 271,458 | 4.93 | 0.20 | 341,071 | 6.02 | 0.19 |
| Alexander Forbes Group Holdings Ltd. | -49,804 | 70,113 | 0.46 | 0.02 | 119,917 | 0.94 | 0.03 |
| Coronation Fund Managers Ltd. | -26,630 | 72,608 | 3.21 | 0.13 | 99,238 | 4.64 | 0.15 |
| Hosken Consolidated Investments Ltd. | -2,524 | 12,838 | 2.12 | 0.08 | 15,362 | 2.40 | 0.08 |
| JSE Ltd. | -5,686 | 23,942 | 3.82 | 0.15 | 29,628 | 4.25 | 0.14 |
| Ninety One Ltd. | -18,290 | 65,389 | 3.33 | 0.13 | 83,679 | 4.00 | 0.13 |
| Ninety One plc | -13,570 | 48,553 | 2.50 | 0.10 | 62,123 | 3.00 | 0.10 |
| PSG Financial Services Ltd. | -58,254 | 304,215 | 8.12 | 0.32 | 362,469 | 9.88 | 0.31 |
| Quilter plc | -59,569 | 199,889 | 7.89 | 0.31 | 259,458 | 10.52 | 0.34 |
| Reinet Investments SCA | -10,738 | 38,463 | 21.27 | 0.85 | 49,201 | 28.54 | 0.91 |
| Remgro Ltd. | -39,766 | 142,478 | 26.86 | 1.07 | 182,244 | 33.10 | 1.05 |
| Investment Banking and Brokerage Services Total | -284,831 | 978,488 | 79.59 | 3.17 | 1,263,319 | 101.25 | 3.23 |
| Discovery Ltd. | -43,077 | 154,580 | 38.38 | 1.53 | 197,657 | 44.98 | 1.43 |
| Momentum Group Ltd. | -114,896 | 346,095 | 12.44 | 0.50 | 460,991 | 17.63 | 0.56 |
| Old Mutual Ltd. | -346,209 | 1,146,636 | 15.82 | 0.63 | 1,492,845 | 22.24 | 0.71 |
| Sanlam Ltd. | -141,600 | 507,401 | 45.15 | 1.80 | 649,001 | 63.92 | 2.04 |
| Life Insurance Total | -645,782 | 2,154,712 | 111.80 | 4.45 | 2,800,494 | 148.77 | 4.74 |
| OUTsurance Group Ltd. | -68,794 | 246,422 | 17.15 | 0.68 | 315,216 | 22.59 | 0.72 |
| Santam Ltd. | -3,186 | 11,400 | 4.47 | 0.18 | 14,586 | 6.23 | 0.20 |
| Non-life Insurance Total | -71,980 | 257,822 | 21.62 | 0.86 | 329,802 | 28.82 | 0.92 |
| Exxaro Resources Ltd. | -19,559 | 67,771 | 15.22 | 0.61 | 87,330 | 15.63 | 0.50 |
| Thungela Resources Ltd. | -7,616 | 31,022 | 5.20 | 0.21 | 38,638 | 3.71 | 0.12 |
| Oil, Gas and Coal Total | -27,175 | 98,793 | 20.42 | 0.81 | 125,968 | 19.34 | 0.62 |
| Bid Corporation Ltd. | -26,904 | 96,602 | 39.37 | 1.57 | 123,506 | 52.10 | 1.66 |
| Boxer Retail Ltd. | -13,216 | 47,428 | 3.56 | 0.14 | 60,644 | 4.33 | 0.14 |
| Clicks Group Ltd. | -18,762 | 67,259 | 19.47 | 0.77 | 86,021 | 28.95 | 0.92 |
| Dis-Chem Pharmacies Ltd. | -37,046 | 154,273 | 5.74 | 0.23 | 191,319 | 6.70 | 0.21 |
| Pick n Pay Stores Ltd. | -43,660 | 156,438 | 2.99 | 0.12 | 200,098 | 4.98 | 0.16 |
| Shoprite Holdings Ltd. | -39,344 | 135,586 | 37.39 | 1.49 | 174,930 | 47.27 | 1.51 |
| The SPAR Group Ltd. | -17,991 | 56,291 | 3.53 | 0.14 | 74,282 | 7.09 | 0.23 |
| Personal Care, Drug and Grocery Stores Total | -196,923 | 713,877 | 112.06 | 4.46 | 910,800 | 151.43 | 4.82 |
| Compagnie Financière Richemont SA | -4,021 | 13,434 | 39.75 | 1.58 | 17,455 | 63.31 | 2.02 |
| Personal Goods Total | -4,021 | 13,434 | 39.75 | 1.58 | 17,455 | 63.31 | 2.02 |
| Aspen Pharmacare Holdings Ltd. | -30,026 | 111,949 | 14.71 | 0.59 | 141,975 | 16.58 | 0.53 |
| Pharmaceuticals and Biotechnology Total | -30,026 | 111,949 | 14.71 | 0.59 | 141,975 | 16.58 | 0.53 |
| AngloGold Ashanti plc | -31,500 | 96,800 | 158.98 | 6.33 | 128,300 | 183.87 | 5.86 |
| DRDGOLD Ltd. | -32,518 | 124,408 | 6.15 | 0.24 | 156,926 | 8.22 | 0.26 |
| Gold Fields Ltd. | -71,398 | 253,990 | 193.16 | 7.69 | 325,388 | 236.14 | 7.52 |
| Harmony Gold Mining Company Ltd. | -44,606 | 156,840 | 40.15 | 1.60 | 201,446 | 67.90 | 2.16 |
| Impala Platinum Holdings Ltd. | -63,141 | 224,562 | 53.65 | 2.14 | 287,703 | 75.38 | 2.40 |
| Northam Platinum Holdings Ltd. | -28,431 | 101,682 | 34.58 | 1.38 | 130,113 | 43.86 | 1.40 |
| Pan African Resources plc | -152,267 | 454,469 | 14.32 | 0.57 | 606,736 | 16.34 | 0.52 |
| Sibanye Stillwater Ltd. | -231,147 | 804,577 | 41.07 | 1.63 | 1,035,724 | 62.66 | 2.00 |
| Valterra Platinum Ltd. | -17,793 | 68,274 | 95.65 | 3.81 | 86,067 | 121.32 | 3.86 |
| Precious Metals and Mining Total | -672,801 | 2,285,602 | 637.71 | 25.38 | 2,958,403 | 815.69 | 25.98 |
| Fortress Real Estate Investments Ltd. | -99,120 | 355,213 | 7.85 | 0.31 | 454,333 | 10.86 | 0.35 |
| Lighthouse Properties plc | -92,709 | 333,930 | 2.49 | 0.10 | 426,639 | 3.61 | 0.11 |
| MAS plc | -47,331 | 90,516 | 1.77 | 0.07 | 137,847 | 3.11 | 0.10 |
| NEPI Rockcastle NV | -46,728 | 167,371 | 22.73 | 0.90 | 214,099 | 31.23 | 0.99 |
| Real Estate Investment and Services Total | -285,888 | 947,030 | 34.84 | 1.39 | 1,232,918 | 48.80 | 1.55 |
| Attacq Ltd. | -59,826 | 214,290 | 3.51 | 0.14 | 274,116 | 4.47 | 0.14 |
| Burstone Group Ltd. | -50,858 | 182,308 | 1.66 | 0.07 | 233,166 | 2.13 | 0.07 |
| Emira Property Fund Ltd. | -40,915 | 65,606 | 0.89 | 0.04 | 106,521 | 1.45 | 0.05 |
| Equites Property Fund Ltd. | -65,844 | 235,770 | 3.97 | 0.16 | 301,614 | 5.53 | 0.18 |
| Fairvest Ltd. | -185,801 | 531,860 | 3.39 | 0.14 | 717,661 | 5.15 | 0.16 |
| Growthpoint Properties Ltd. | -266,444 | 954,766 | 15.44 | 0.61 | 1,221,210 | 20.96 | 0.67 |
| Hammerson plc | -10,062 | 45,103 | 3.02 | 0.12 | 55,165 | 4.03 | 0.13 |
| Hyprop Investments Ltd. | -31,978 | 114,451 | 6.15 | 0.24 | 146,429 | 8.35 | 0.27 |
| Redefine Properties Ltd. | -539,732 | 1,933,986 | 11.51 | 0.46 | 2,473,718 | 14.84 | 0.47 |
| Resilient REIT Ltd. | -23,239 | 83,048 | 6.58 | 0.26 | 106,287 | 8.50 | 0.27 |
| SA Corporate Real Estate Ltd. | -183,136 | 656,029 | 2.13 | 0.08 | 839,165 | 3.02 | 0.10 |
| Shaftesbury Capital plc | -15,104 | 53,950 | 1.56 | 0.06 | 69,054 | 2.23 | 0.07 |
| Sirius Real Estate Ltd. | -35,754 | 128,231 | 2.70 | 0.11 | 163,985 | 3.56 | 0.11 |
| Stor-Age Property REIT Ltd. | -35,636 | 127,613 | 2.13 | 0.08 | 163,249 | 2.93 | 0.09 |
| Vukile Property Fund Ltd. | -118,975 | 378,624 | 8.37 | 0.33 | 497,599 | 12.44 | 0.40 |
| Real Estate Investment Trusts Total | -1,663,304 | 5,705,635 | 73.01 | 2.91 | 7,368,939 | 99.59 | 3.17 |
| Italtile Ltd. | -32,804 | 117,350 | 1.00 | 0.04 | 150,154 | 1.36 | 0.04 |
| Motus Holdings Ltd. | -12,272 | 43,932 | 5.10 | 0.20 | 56,204 | 6.85 | 0.22 |
| Mr Price Group Ltd. | -20,965 | 72,464 | 11.11 | 0.44 | 93,429 | 16.35 | 0.52 |
| Pepkor Holdings Ltd. | -295,590 | 1,059,118 | 23.94 | 0.95 | 1,354,708 | 35.83 | 1.14 |
| The Foschini Group Ltd. | -24,287 | 92,401 | 6.52 | 0.26 | 116,688 | 9.80 | 0.31 |
| Truworths International Ltd. | -31,394 | 104,926 | 5.42 | 0.22 | 136,320 | 7.76 | 0.25 |
| We Buy Cars Holdings Ltd. | 18,495 | 104,501 | 4.16 | 0.17 | 86,006 | 4.11 | 0.13 |
| Woolworths Holdings Ltd. | -67,131 | 257,026 | 13.04 | 0.52 | 324,157 | 18.15 | 0.58 |
| Retailers Total | -465,948 | 1,851,718 | 70.29 | 2.80 | 2,317,666 | 100.22 | 3.19 |
| Altron Ltd. | -20,296 | 72,669 | 1.44 | 0.06 | 92,965 | 1.85 | 0.06 |
| Bytes Technology Group plc | -1,948 | 42,268 | 2.64 | 0.11 | 44,216 | 3.60 | 0.11 |
| Datatec Ltd. | -16,756 | 60,085 | 4.21 | 0.17 | 76,841 | 6.07 | 0.19 |
| Naspers Ltd. | -39,622 | 217,081 | 187.12 | 7.45 | 256,703 | 283.53 | 9.03 |
| Prosus NV | -16,770 | 63,276 | 48.64 | 1.94 | 80,046 | 81.93 | 2.61 |
| Software and Computer Services Total | -95,392 | 455,379 | 244.05 | 9.71 | 550,771 | 376.99 | 12.01 |
| Blu Label Unlimited Group Ltd. | -52,628 | 188,425 | 1.57 | 0.06 | 241,053 | 2.54 | 0.08 |
| MTN Group Ltd. | -143,410 | 504,835 | 98.67 | 3.93 | 648,245 | 109.88 | 3.50 |
| Telkom SA SOC Ltd. | -20,356 | 79,269 | 4.66 | 0.19 | 99,625 | 5.88 | 0.19 |
| Vodacom Group Ltd. | -48,544 | 170,727 | 24.64 | 0.98 | 219,271 | 30.99 | 0.99 |
| Telecommunications Service Providers Total | -264,938 | 943,256 | 129.54 | 5.16 | 1,208,194 | 149.28 | 4.75 |
| British American Tobacco plc | -17,130 | 42,708 | 42.37 | 1.69 | 59,838 | 56.32 | 1.79 |
| Tobacco Total | -17,130 | 42,708 | 42.37 | 1.69 | 59,838 | 56.32 | 1.79 |
| Famous Brands Ltd. | -2,497 | 29,204 | 1.47 | 0.06 | 31,701 | 1.70 | 0.05 |
| Southern Sun Ltd. | -59,472 | 213,243 | 2.18 | 0.09 | 272,715 | 2.79 | 0.09 |
| Sun International Ltd. | -9,014 | 49,954 | 2.37 | 0.09 | 58,968 | 2.28 | 0.07 |
| Tsogo Sun Ltd. | -41,064 | 147,152 | 1.01 | 0.04 | 188,216 | 1.32 | 0.04 |
| Travel and Leisure Total | -112,047 | 439,553 | 7.03 | 0.28 | 551,600 | 8.08 | 0.26 |
| Portfolio Total | -6,787,037 | 23,246,202 | 2,512.50 | 100.00 | 30,033,239 | 3,139.65 | 100.00 |