| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 294 | 8,362 | 2.00 | 1.34 | 8,068 | 1.46 | 1.11 |
| Capitec Bank Holdings Ltd. | 29 | 868 | 3.61 | 2.41 | 839 | 2.91 | 2.22 |
| FirstRand Ltd. | 1,691 | 51,383 | 4.66 | 3.12 | 49,692 | 3.86 | 2.94 |
| Investec Ltd. | 83 | 2,493 | 0.30 | 0.20 | 2,410 | 0.31 | 0.24 |
| Investec plc | 212 | 6,460 | 0.79 | 0.53 | 6,248 | 0.80 | 0.61 |
| Nedbank Group Ltd. | 161 | 4,594 | 1.22 | 0.82 | 4,433 | 0.95 | 0.72 |
| Standard Bank Group Ltd. | 436 | 13,250 | 3.85 | 2.57 | 12,814 | 3.03 | 2.31 |
| Banks Total | 2,906 | 87,410 | 16.44 | 10.98 | 84,504 | 13.32 | 10.15 |
| Anheuser-Busch InBev SA/NV | 267 | 8,122 | 8.69 | 5.81 | 7,855 | 8.06 | 6.14 |
| Beverages Total | 267 | 8,122 | 8.69 | 5.81 | 7,855 | 8.06 | 6.14 |
| Cash on call | 0 | 0 | 0.87 | 0.58 | 0 | 1.34 | 1.02 |
| Cash on call Total | 0 | 0 | 0.87 | 0.58 | 0 | 1.34 | 1.02 |
| Sasol Ltd. | 199 | 5,916 | 0.63 | 0.42 | 5,717 | 0.61 | 0.47 |
| Chemicals Total | 199 | 5,916 | 0.63 | 0.42 | 5,717 | 0.61 | 0.47 |
| Tiger Brands Ltd. | 50 | 1,527 | 0.56 | 0.37 | 1,477 | 0.46 | 0.35 |
| Food Producers Total | 50 | 1,527 | 0.56 | 0.37 | 1,477 | 0.46 | 0.35 |
| Mondi plc | 156 | 4,446 | 0.91 | 0.60 | 4,290 | 1.01 | 0.77 |
| The Bidvest Group Ltd. | 115 | 3,427 | 0.81 | 0.54 | 3,312 | 0.70 | 0.53 |
| General Industrials Total | 271 | 7,873 | 1.72 | 1.15 | 7,602 | 1.71 | 1.30 |
| Anglo American plc | 355 | 10,795 | 7.40 | 4.94 | 10,440 | 6.75 | 5.14 |
| BHP Group Ltd. | 1,644 | 28,582 | 14.49 | 9.68 | 26,938 | 12.84 | 9.78 |
| Glencore plc | 3,510 | 106,698 | 9.73 | 6.50 | 103,188 | 8.22 | 6.27 |
| South32 Ltd. | 1,572 | 44,805 | 1.76 | 1.18 | 43,233 | 1.35 | 1.02 |
| Industrial Metals and Mining Total | 7,081 | 190,880 | 33.38 | 22.30 | 183,799 | 29.16 | 22.21 |
| Quilter plc | 457 | 13,596 | 0.55 | 0.37 | 13,139 | 0.50 | 0.38 |
| Reinet Investments SCA | 45 | 1,343 | 0.78 | 0.52 | 1,298 | 0.66 | 0.50 |
| Remgro Ltd. | 169 | 5,029 | 0.91 | 0.61 | 4,860 | 0.82 | 0.62 |
| Investment Banking and Brokerage Services Total | 671 | 19,968 | 2.24 | 1.50 | 19,297 | 1.97 | 1.50 |
| Discovery Ltd. | 190 | 5,419 | 1.23 | 0.82 | 5,229 | 1.03 | 0.78 |
| Momentum Group Ltd. | 413 | 12,544 | 0.48 | 0.32 | 12,131 | 0.40 | 0.30 |
| Old Mutual Ltd. | 1,395 | 41,509 | 0.62 | 0.41 | 40,114 | 0.54 | 0.41 |
| Sanlam Ltd. | 621 | 17,694 | 1.74 | 1.16 | 17,073 | 1.43 | 1.09 |
| Life Insurance Total | 2,619 | 77,166 | 4.07 | 2.72 | 74,547 | 3.39 | 2.58 |
| OUTsurance Group Ltd. | 290 | 8,622 | 0.62 | 0.41 | 8,332 | 0.60 | 0.46 |
| Non-life Insurance Total | 290 | 8,622 | 0.62 | 0.41 | 8,332 | 0.60 | 0.46 |
| Exxaro Resources Ltd. | 30 | 2,382 | 0.43 | 0.28 | 2,352 | 0.42 | 0.32 |
| Oil, Gas and Coal Total | 30 | 2,382 | 0.43 | 0.28 | 2,352 | 0.42 | 0.32 |
| Bid Corporation Ltd. | 119 | 3,387 | 1.43 | 0.95 | 3,268 | 1.41 | 1.08 |
| Clicks Group Ltd. | 49 | 2,367 | 0.80 | 0.53 | 2,318 | 0.82 | 0.62 |
| Shoprite Holdings Ltd. | 167 | 4,763 | 1.29 | 0.86 | 4,596 | 1.26 | 0.96 |
| Personal Care, Drug and Grocery Stores Total | 335 | 10,517 | 3.51 | 2.35 | 10,182 | 3.49 | 2.66 |
| Compagnie Financière Richemont SA | 273 | 4,170 | 15.12 | 10.10 | 3,897 | 12.74 | 9.71 |
| Personal Goods Total | 273 | 4,170 | 15.12 | 10.10 | 3,897 | 12.74 | 9.71 |
| Aspen Pharmacare Holdings Ltd. | 132 | 3,906 | 0.46 | 0.30 | 3,774 | 0.37 | 0.28 |
| Pharmaceuticals and Biotechnology Total | 132 | 3,906 | 0.46 | 0.30 | 3,774 | 0.37 | 0.28 |
| AngloGold Ashanti plc | 139 | 4,242 | 6.08 | 4.06 | 4,103 | 4.98 | 3.79 |
| Gold Fields Ltd. | 293 | 8,904 | 6.46 | 4.32 | 8,611 | 6.28 | 4.78 |
| Harmony Gold Mining Company Ltd. | 193 | 5,514 | 1.86 | 1.24 | 5,321 | 1.68 | 1.28 |
| Impala Platinum Holdings Ltd. | 277 | 7,893 | 2.07 | 1.38 | 7,616 | 1.68 | 1.28 |
| Northam Platinum Holdings Ltd. | 120 | 3,565 | 1.20 | 0.80 | 3,445 | 0.97 | 0.74 |
| Sibanye Stillwater Ltd. | 994 | 28,331 | 1.71 | 1.15 | 27,337 | 1.35 | 1.03 |
| Valterra Platinum Ltd. | 87 | 2,667 | 3.76 | 2.51 | 2,580 | 3.19 | 2.43 |
| Precious Metals and Mining Total | 2,103 | 61,116 | 23.14 | 15.46 | 59,013 | 20.12 | 15.32 |
| NEPI Rockcastle NV | 201 | 5,972 | 0.87 | 0.58 | 5,771 | 0.80 | 0.61 |
| Real Estate Investment and Services Total | 201 | 5,972 | 0.87 | 0.58 | 5,771 | 0.80 | 0.61 |
| Growthpoint Properties Ltd. | 1,144 | 34,020 | 0.58 | 0.39 | 32,876 | 0.48 | 0.37 |
| Primary Health Properties plc | 852 | 25,900 | 0.56 | 0.38 | 25,048 | 0.53 | 0.40 |
| Shaftesbury Capital plc | 616 | 18,335 | 0.59 | 0.40 | 17,719 | 0.58 | 0.44 |
| Sirius Real Estate Ltd. | 492 | 14,952 | 0.32 | 0.22 | 14,460 | 0.33 | 0.25 |
| Real Estate Investment Trusts Total | 3,104 | 93,207 | 2.06 | 1.38 | 90,103 | 1.92 | 1.46 |
| Mr Price Group Ltd. | 86 | 2,548 | 0.45 | 0.30 | 2,462 | 0.50 | 0.38 |
| Pepkor Holdings Ltd. | 1,148 | 37,234 | 0.98 | 0.66 | 36,086 | 0.88 | 0.67 |
| The Foschini Group Ltd. | 109 | 3,237 | 0.27 | 0.18 | 3,128 | 0.34 | 0.26 |
| Woolworths Holdings Ltd. | 305 | 9,077 | 0.51 | 0.34 | 8,772 | 0.44 | 0.34 |
| Retailers Total | 1,648 | 52,096 | 2.21 | 1.48 | 50,448 | 2.16 | 1.65 |
| Naspers Ltd. | 4,287 | 5,156 | 5.69 | 3.80 | 869 | 5.44 | 4.14 |
| Prosus NV | 1,660 | 8,428 | 8.63 | 5.76 | 6,768 | 8.19 | 6.24 |
| Software and Computer Services Total | 5,947 | 13,584 | 14.32 | 9.57 | 7,637 | 13.63 | 10.38 |
| MTN Group Ltd. | 583 | 17,745 | 3.01 | 2.01 | 17,162 | 2.49 | 1.90 |
| Vodacom Group Ltd. | 202 | 6,014 | 0.85 | 0.57 | 5,812 | 0.77 | 0.59 |
| Telecommunications Service Providers Total | 785 | 23,759 | 3.86 | 2.58 | 22,974 | 3.26 | 2.49 |
| British American Tobacco plc | 2,498 | 15,371 | 14.47 | 9.67 | 12,873 | 11.74 | 8.95 |
| Tobacco Total | 2,498 | 15,371 | 14.47 | 9.67 | 12,873 | 11.74 | 8.95 |
| Portfolio Total | 31,410 | 693,564 | 149.68 | 100.00 | 662,154 | 131.27 | 100.00 |