| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -31,203 | 6,943 | 1.23 | 1.28 | 38,146 | 7.24 | 1.40 |
| Capitec Bank Holdings Ltd. | -3,207 | 713 | 2.21 | 2.31 | 3,920 | 12.29 | 2.38 |
| FirstRand Ltd. | -190,594 | 42,406 | 3.05 | 3.18 | 233,000 | 17.70 | 3.42 |
| Investec Ltd. | -9,299 | 2,069 | 0.24 | 0.25 | 11,368 | 1.42 | 0.27 |
| Investec plc | -23,931 | 5,325 | 0.61 | 0.63 | 29,256 | 3.71 | 0.72 |
| Nedbank Group Ltd. | -17,144 | 3,814 | 0.98 | 1.02 | 20,958 | 5.90 | 1.14 |
| Standard Bank Group Ltd. | -50,421 | 11,080 | 2.65 | 2.77 | 61,501 | 13.64 | 2.64 |
| Banks Total | -325,799 | 72,350 | 10.96 | 11.43 | 398,149 | 61.89 | 11.97 |
| Anheuser-Busch InBev SA/NV | -29,726 | 6,614 | 7.48 | 7.80 | 36,340 | 34.09 | 6.59 |
| Beverages Total | -29,726 | 6,614 | 7.48 | 7.80 | 36,340 | 34.09 | 6.59 |
| Cash on call | 0 | 0 | 0.83 | 0.87 | 0 | 2.77 | 0.54 |
| Cash on call Total | 0 | 0 | 0.83 | 0.87 | 0 | 2.77 | 0.54 |
| Sasol Ltd. | -21,922 | 4,878 | 0.37 | 0.39 | 26,800 | 2.23 | 0.43 |
| Chemicals Total | -21,922 | 4,878 | 0.37 | 0.39 | 26,800 | 2.23 | 0.43 |
| Tiger Brands Ltd. | -5,881 | 1,308 | 0.36 | 0.38 | 7,189 | 2.08 | 0.40 |
| Food Producers Total | -5,881 | 1,308 | 0.36 | 0.38 | 7,189 | 2.08 | 0.40 |
| Mondi plc | -16,596 | 3,693 | 1.01 | 1.05 | 20,289 | 5.63 | 1.09 |
| The Bidvest Group Ltd. | -12,777 | 2,843 | 0.67 | 0.70 | 15,620 | 4.12 | 0.80 |
| General Industrials Total | -29,373 | 6,536 | 1.67 | 1.75 | 35,909 | 9.75 | 1.88 |
| Anglo American plc | -45,666 | 10,161 | 5.19 | 5.41 | 55,827 | 30.81 | 5.96 |
| BHP Group Ltd. | -92,062 | 21,455 | 9.41 | 9.82 | 113,517 | 52.26 | 10.10 |
| Glencore plc | -420,937 | 93,656 | 6.30 | 6.57 | 514,593 | 42.98 | 8.31 |
| South32 Ltd. | -169,965 | 37,816 | 1.40 | 1.46 | 207,781 | 8.29 | 1.60 |
| Industrial Metals and Mining Total | -728,630 | 163,088 | 22.31 | 23.27 | 891,718 | 134.33 | 25.97 |
| Quilter plc | -50,476 | 11,231 | 0.39 | 0.41 | 61,707 | 2.19 | 0.42 |
| Reinet Investments SCA | -5,008 | 1,114 | 0.50 | 0.52 | 6,122 | 2.74 | 0.53 |
| Remgro Ltd. | -18,897 | 4,204 | 0.66 | 0.69 | 23,101 | 3.58 | 0.69 |
| Investment Banking and Brokerage Services Total | -74,381 | 16,549 | 1.55 | 1.62 | 90,930 | 8.51 | 1.65 |
| Discovery Ltd. | -20,095 | 4,471 | 0.89 | 0.93 | 24,566 | 4.78 | 0.93 |
| Momentum Group Ltd. | -48,243 | 10,734 | 0.34 | 0.35 | 58,977 | 1.78 | 0.35 |
| Old Mutual Ltd. | -165,021 | 35,988 | 0.43 | 0.45 | 201,009 | 2.51 | 0.49 |
| Sanlam Ltd. | -62,668 | 13,943 | 1.15 | 1.20 | 76,611 | 6.66 | 1.29 |
| Life Insurance Total | -296,027 | 65,136 | 2.81 | 2.93 | 361,163 | 15.74 | 3.04 |
| OUTsurance Group Ltd. | -31,769 | 7,068 | 0.49 | 0.51 | 38,837 | 2.58 | 0.50 |
| Non-life Insurance Total | -31,769 | 7,068 | 0.49 | 0.51 | 38,837 | 2.58 | 0.50 |
| Exxaro Resources Ltd. | -9,082 | 2,021 | 0.30 | 0.31 | 11,103 | 1.75 | 0.34 |
| Oil, Gas and Coal Total | -9,082 | 2,021 | 0.30 | 0.31 | 11,103 | 1.75 | 0.34 |
| Bid Corporation Ltd. | -12,530 | 2,788 | 1.23 | 1.28 | 15,318 | 6.60 | 1.28 |
| Clicks Group Ltd. | -8,960 | 1,994 | 0.68 | 0.70 | 10,954 | 4.09 | 0.79 |
| Shoprite Holdings Ltd. | -18,042 | 4,014 | 1.09 | 1.14 | 22,056 | 6.50 | 1.26 |
| Personal Care, Drug and Grocery Stores Total | -39,532 | 8,796 | 3.00 | 3.12 | 48,328 | 17.18 | 3.32 |
| Compagnie Financière Richemont SA | -16,324 | 2,816 | 8.93 | 9.31 | 19,140 | 53.13 | 10.27 |
| Personal Goods Total | -16,324 | 2,816 | 8.93 | 9.31 | 19,140 | 53.13 | 10.27 |
| Aspen Pharmacare Holdings Ltd. | -14,569 | 3,242 | 0.53 | 0.55 | 17,811 | 2.94 | 0.57 |
| Pharmaceuticals and Biotechnology Total | -14,569 | 3,242 | 0.53 | 0.55 | 17,811 | 2.94 | 0.57 |
| AngloGold Ashanti plc | -16,690 | 3,562 | 2.45 | 2.55 | 20,252 | 8.53 | 1.65 |
| Gold Fields Ltd. | -33,201 | 7,387 | 2.99 | 3.12 | 40,588 | 10.03 | 1.94 |
| Harmony Gold Mining Company Ltd. | -20,907 | 4,652 | 1.24 | 1.29 | 25,559 | 3.85 | 0.74 |
| Impala Platinum Holdings Ltd. | -30,303 | 6,742 | 0.85 | 0.89 | 37,045 | 3.25 | 0.63 |
| Northam Platinum Holdings Ltd. | -13,281 | 2,955 | 0.39 | 0.40 | 16,236 | 1.58 | 0.31 |
| Sibanye Stillwater Ltd. | -105,610 | 23,497 | 0.49 | 0.51 | 129,107 | 1.93 | 0.37 |
| Valterra Platinum Ltd. | -3,308 | 736 | 0.54 | 0.56 | 4,044 | 2.30 | 0.44 |
| Precious Metals and Mining Total | -223,300 | 49,531 | 8.95 | 9.33 | 272,831 | 31.47 | 6.09 |
| NEPI Rockcastle NV | -22,393 | 4,982 | 0.66 | 0.69 | 27,375 | 3.78 | 0.73 |
| Real Estate Investment and Services Total | -22,393 | 4,982 | 0.66 | 0.69 | 27,375 | 3.78 | 0.73 |
| Assura plc | 27,201 | 27,201 | 0.31 | 0.33 | 0 | 0.00 | 0.00 |
| Growthpoint Properties Ltd. | -126,724 | 28,195 | 0.37 | 0.38 | 154,919 | 1.97 | 0.38 |
| Shaftesbury Capital plc | -68,275 | 15,191 | 0.45 | 0.47 | 83,466 | 2.61 | 0.50 |
| Real Estate Investment Trusts Total | -167,798 | 70,587 | 1.13 | 1.18 | 238,385 | 4.58 | 0.89 |
| Mr Price Group Ltd. | -9,333 | 2,106 | 0.47 | 0.49 | 11,439 | 3.38 | 0.65 |
| Pepkor Holdings Ltd. | -99,140 | 22,058 | 0.56 | 0.59 | 121,198 | 3.51 | 0.68 |
| The Foschini Group Ltd. | -12,052 | 2,682 | 0.33 | 0.35 | 14,734 | 2.48 | 0.48 |
| Truworths International Ltd. | -13,814 | 3,073 | 0.22 | 0.23 | 16,887 | 1.75 | 0.34 |
| Woolworths Holdings Ltd. | -2,637,338 | 7,534 | 0.38 | 0.40 | 2,644,872 | 2.58 | 0.50 |
| Retailers Total | -2,771,677 | 37,453 | 1.97 | 2.05 | 2,809,130 | 13.69 | 2.65 |
| Bytes Technology Group plc | -10,880 | 0 | 0.00 | 0.00 | 10,880 | 1.07 | 0.21 |
| Naspers Ltd. | -3,985 | 800 | 3.61 | 3.77 | 4,785 | 19.97 | 3.86 |
| Prosus NV | -33,876 | 6,802 | 5.72 | 5.97 | 40,678 | 30.47 | 5.89 |
| Software and Computer Services Total | -48,741 | 7,602 | 9.34 | 9.74 | 56,343 | 51.51 | 9.96 |
| MTN Group Ltd. | -68,004 | 15,130 | 1.86 | 1.94 | 83,134 | 7.65 | 1.48 |
| Vodacom Group Ltd. | -22,426 | 4,990 | 0.63 | 0.65 | 27,416 | 2.78 | 0.54 |
| Telecommunications Service Providers Total | -90,430 | 20,120 | 2.49 | 2.60 | 110,550 | 10.43 | 2.02 |
| British American Tobacco plc | -65,080 | 12,918 | 9.75 | 10.17 | 77,998 | 52.77 | 10.20 |
| Tobacco Total | -65,080 | 12,918 | 9.75 | 10.17 | 77,998 | 52.77 | 10.20 |
| Portfolio Total | -5,012,434 | 563,595 | 95.88 | 100.00 | 5,576,029 | 517.21 | 100.00 |