| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 50,629 | 224,982 | 54.26 | 2.90 | 174,353 | 41.73 | 2.33 |
| Capitec Bank Holdings Ltd. | 757 | 8,395 | 34.61 | 1.85 | 7,638 | 31.74 | 1.77 |
| FirstRand Ltd. | -32,457 | 1,074,665 | 92.57 | 4.94 | 1,107,122 | 100.47 | 5.61 |
| Investec plc | 47,238 | 218,044 | 28.20 | 1.51 | 170,806 | 20.87 | 1.16 |
| Nedbank Group Ltd. | 81,824 | 167,704 | 44.74 | 2.39 | 85,880 | 22.87 | 1.28 |
| Standard Bank Group Ltd. | 20,416 | 233,160 | 70.99 | 3.79 | 212,744 | 61.78 | 3.45 |
| Banks Total | 168,407 | 1,926,950 | 325.36 | 17.38 | 1,758,543 | 279.46 | 15.59 |
| Anheuser-Busch InBev SA/NV | 7,940 | 35,007 | 41.26 | 2.20 | 27,067 | 28.98 | 1.62 |
| Beverages Total | 7,940 | 35,007 | 41.26 | 2.20 | 27,067 | 28.98 | 1.62 |
| Cash on call | 0 | 0 | 13.80 | 0.74 | 0 | 8.55 | 0.48 |
| Cash on call Total | 0 | 0 | 13.80 | 0.74 | 0 | 8.55 | 0.48 |
| Sasol Ltd. | -95,237 | 315,563 | 71.12 | 3.80 | 410,800 | 43.63 | 2.43 |
| Chemicals Total | -95,237 | 315,563 | 71.12 | 3.80 | 410,800 | 43.63 | 2.43 |
| Mondi plc | 122,075 | 221,547 | 42.46 | 2.27 | 99,472 | 20.25 | 1.13 |
| The Bidvest Group Ltd. | 22,781 | 86,869 | 19.77 | 1.06 | 64,088 | 15.22 | 0.85 |
| General Industrials Total | 144,856 | 308,416 | 62.22 | 3.32 | 163,560 | 35.47 | 1.98 |
| Anglo American plc | -32,045 | 138,581 | 99.78 | 5.33 | 170,626 | 116.90 | 6.52 |
| BHP Group Ltd. | -9,064 | 63,036 | 38.20 | 2.04 | 72,100 | 36.56 | 2.04 |
| Glencore plc | 328,698 | 870,802 | 111.45 | 5.95 | 542,104 | 49.41 | 2.76 |
| Kumba Iron Ore Ltd. | -32,047 | 0 | 0.00 | 0.00 | 32,047 | 11.25 | 0.63 |
| Industrial Metals and Mining Total | 255,542 | 1,072,419 | 249.43 | 13.32 | 816,877 | 214.12 | 11.95 |
| Quilter plc | 71,112 | 435,169 | 17.17 | 0.92 | 364,057 | 14.76 | 0.82 |
| Reinet Investments SCA | 5,280 | 35,719 | 19.76 | 1.06 | 30,439 | 17.65 | 0.98 |
| Remgro Ltd. | 88,334 | 88,334 | 16.65 | 0.89 | 0 | 0.00 | 0.00 |
| Investment Banking and Brokerage Services Total | 164,726 | 559,222 | 53.58 | 2.86 | 394,496 | 32.42 | 1.81 |
| Discovery Ltd. | 27,450 | 119,514 | 29.68 | 1.58 | 92,064 | 20.95 | 1.17 |
| Old Mutual Ltd. | 585,185 | 1,830,826 | 25.27 | 1.35 | 1,245,641 | 18.56 | 1.04 |
| Sanlam Ltd. | 52,434 | 319,727 | 28.45 | 1.52 | 267,293 | 26.33 | 1.47 |
| Life Insurance Total | 665,069 | 2,270,067 | 83.39 | 4.45 | 1,604,998 | 65.84 | 3.67 |
| Exxaro Resources Ltd. | -73,444 | 0 | 0.00 | 0.00 | 73,444 | 13.15 | 0.73 |
| Oil, Gas and Coal Total | -73,444 | 0 | 0.00 | 0.00 | 73,444 | 13.15 | 0.73 |
| Bid Corporation Ltd. | 6,919 | 76,473 | 31.17 | 1.66 | 69,554 | 29.34 | 1.64 |
| Clicks Group Ltd. | 50,974 | 50,974 | 14.75 | 0.79 | 0 | 0.00 | 0.00 |
| Shoprite Holdings Ltd. | 24,913 | 133,190 | 36.73 | 1.96 | 108,277 | 29.26 | 1.63 |
| Personal Care, Drug and Grocery Stores Total | 82,806 | 260,637 | 82.66 | 4.41 | 177,831 | 58.60 | 3.27 |
| Compagnie Financière Richemont SA | 2,731 | 8,308 | 24.58 | 1.31 | 5,577 | 20.23 | 1.13 |
| Personal Goods Total | 2,731 | 8,308 | 24.58 | 1.31 | 5,577 | 20.23 | 1.13 |
| Aspen Pharmacare Holdings Ltd. | -100,378 | 0 | 0.00 | 0.00 | 100,378 | 11.72 | 0.65 |
| Pharmaceuticals and Biotechnology Total | -100,378 | 0 | 0.00 | 0.00 | 100,378 | 11.72 | 0.65 |
| AngloGold Ashanti plc | -15,513 | 29,040 | 47.70 | 2.55 | 44,553 | 63.85 | 3.56 |
| Gold Fields Ltd. | -56,311 | 97,996 | 74.53 | 3.98 | 154,307 | 111.98 | 6.25 |
| Harmony Gold Mining Company Ltd. | -1,876 | 74,654 | 19.11 | 1.02 | 76,530 | 25.80 | 1.44 |
| Impala Platinum Holdings Ltd. | -32,390 | 301,380 | 72.01 | 3.85 | 333,770 | 87.45 | 4.88 |
| Northam Platinum Holdings Ltd. | -85,612 | 61,966 | 21.08 | 1.13 | 147,578 | 49.75 | 2.78 |
| Sibanye Stillwater Ltd. | -1,412,702 | 1,537,896 | 78.49 | 4.19 | 2,950,598 | 178.51 | 9.96 |
| Valterra Platinum Ltd. | 52,363 | 118,347 | 165.80 | 8.86 | 65,984 | 93.01 | 5.19 |
| Precious Metals and Mining Total | -1,552,041 | 2,221,279 | 478.72 | 25.57 | 3,773,320 | 610.35 | 34.05 |
| NEPI Rockcastle NV | 13,593 | 117,423 | 15.94 | 0.85 | 103,830 | 15.14 | 0.84 |
| Real Estate Investment and Services Total | 13,593 | 117,423 | 15.94 | 0.85 | 103,830 | 15.14 | 0.84 |
| Mr Price Group Ltd. | 61,232 | 123,882 | 19.00 | 1.01 | 62,650 | 10.96 | 0.61 |
| Pepkor Holdings Ltd. | 513,089 | 1,297,902 | 29.33 | 1.57 | 784,813 | 20.76 | 1.16 |
| The Foschini Group Ltd. | 62,168 | 168,928 | 11.92 | 0.64 | 106,760 | 8.96 | 0.50 |
| Woolworths Holdings Ltd. | 72,540 | 322,034 | 16.33 | 0.87 | 249,494 | 13.97 | 0.78 |
| Retailers Total | 709,029 | 1,912,746 | 76.59 | 4.09 | 1,203,717 | 54.65 | 3.05 |
| Naspers Ltd. | 51,539 | 131,716 | 113.53 | 6.06 | 80,177 | 88.56 | 4.94 |
| Prosus NV | 7,665 | 29,513 | 22.69 | 1.21 | 21,848 | 22.36 | 1.25 |
| Software and Computer Services Total | 59,204 | 161,229 | 136.22 | 7.28 | 102,025 | 110.92 | 6.19 |
| MTN Group Ltd. | -174,632 | 383,397 | 74.93 | 4.00 | 558,029 | 94.59 | 5.28 |
| Vodacom Group Ltd. | 104,432 | 104,432 | 15.07 | 0.80 | 0 | 0.00 | 0.00 |
| Telecommunications Service Providers Total | -70,200 | 487,829 | 90.01 | 4.81 | 558,029 | 94.59 | 5.28 |
| British American Tobacco plc | -32,478 | 68,067 | 67.53 | 3.61 | 100,545 | 94.63 | 5.28 |
| Tobacco Total | -32,478 | 68,067 | 67.53 | 3.61 | 100,545 | 94.63 | 5.28 |
| Portfolio Total | 350,125 | 11,725,162 | 1,872.41 | 100.00 | 11,375,037 | 1,792.45 | 100.00 |