| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 6,336 | 174,353 | 41.73 | 2.33 | 168,017 | 30.43 | 1.89 |
| Capitec Bank Holdings Ltd. | 279 | 7,638 | 31.74 | 1.77 | 7,359 | 25.57 | 1.59 |
| FirstRand Ltd. | 40,228 | 1,107,122 | 100.47 | 5.61 | 1,066,894 | 82.85 | 5.15 |
| Investec plc | 6,207 | 170,806 | 20.87 | 1.16 | 164,599 | 21.09 | 1.31 |
| Nedbank Group Ltd. | 3,119 | 85,880 | 22.87 | 1.28 | 82,761 | 17.67 | 1.10 |
| Standard Bank Group Ltd. | 7,730 | 212,744 | 61.78 | 3.45 | 205,014 | 48.46 | 3.01 |
| Banks Total | 63,899 | 1,758,543 | 279.46 | 15.59 | 1,694,644 | 226.07 | 14.04 |
| Anheuser-Busch InBev SA/NV | 984 | 27,067 | 28.98 | 1.62 | 26,083 | 26.78 | 1.66 |
| Beverages Total | 984 | 27,067 | 28.98 | 1.62 | 26,083 | 26.78 | 1.66 |
| Cash on call | 0 | 0 | 8.55 | 0.48 | 0 | 14.23 | 0.88 |
| Cash on call Total | 0 | 0 | 8.55 | 0.48 | 0 | 14.23 | 0.88 |
| Sasol Ltd. | 14,927 | 410,800 | 43.63 | 2.43 | 395,873 | 42.54 | 2.64 |
| Chemicals Total | 14,927 | 410,800 | 43.63 | 2.43 | 395,873 | 42.54 | 2.64 |
| Mondi plc | 3,614 | 99,472 | 20.25 | 1.13 | 95,858 | 22.59 | 1.40 |
| The Bidvest Group Ltd. | 2,328 | 64,088 | 15.22 | 0.85 | 61,760 | 13.08 | 0.81 |
| General Industrials Total | 5,942 | 163,560 | 35.47 | 1.98 | 157,618 | 35.67 | 2.22 |
| Anglo American plc | 6,201 | 170,626 | 116.90 | 6.52 | 164,425 | 106.30 | 6.60 |
| BHP Group Ltd. | 2,621 | 72,100 | 36.56 | 2.04 | 69,479 | 33.12 | 2.06 |
| Glencore plc | 19,699 | 542,104 | 49.41 | 2.76 | 522,405 | 41.64 | 2.59 |
| Kumba Iron Ore Ltd. | 1,165 | 32,047 | 11.25 | 0.63 | 30,882 | 10.03 | 0.62 |
| Industrial Metals and Mining Total | 29,686 | 816,877 | 214.12 | 11.95 | 787,191 | 191.08 | 11.87 |
| Quilter plc | 13,229 | 364,057 | 14.76 | 0.82 | 350,828 | 13.43 | 0.83 |
| Reinet Investments SCA | 1,107 | 30,439 | 17.65 | 0.98 | 29,332 | 14.81 | 0.92 |
| Investment Banking and Brokerage Services Total | 14,336 | 394,496 | 32.42 | 1.81 | 380,160 | 28.25 | 1.75 |
| Discovery Ltd. | 3,346 | 92,064 | 20.95 | 1.17 | 88,718 | 17.48 | 1.09 |
| Old Mutual Ltd. | 45,261 | 1,245,641 | 18.56 | 1.04 | 1,200,380 | 16.03 | 1.00 |
| Sanlam Ltd. | 9,712 | 267,293 | 26.33 | 1.47 | 257,581 | 21.53 | 1.34 |
| Life Insurance Total | 58,319 | 1,604,998 | 65.84 | 3.67 | 1,546,679 | 55.03 | 3.42 |
| Exxaro Resources Ltd. | 2,668 | 73,444 | 13.15 | 0.73 | 70,776 | 12.75 | 0.79 |
| Oil, Gas and Coal Total | 2,668 | 73,444 | 13.15 | 0.73 | 70,776 | 12.75 | 0.79 |
| Bid Corporation Ltd. | 2,526 | 69,554 | 29.34 | 1.64 | 67,028 | 28.97 | 1.80 |
| Shoprite Holdings Ltd. | 3,934 | 108,277 | 29.26 | 1.63 | 104,343 | 28.59 | 1.78 |
| Personal Care, Drug and Grocery Stores Total | 6,460 | 177,831 | 58.60 | 3.27 | 171,371 | 57.56 | 3.58 |
| Compagnie Financière Richemont SA | 204 | 5,577 | 20.23 | 1.13 | 5,373 | 17.57 | 1.09 |
| Personal Goods Total | 204 | 5,577 | 20.23 | 1.13 | 5,373 | 17.57 | 1.09 |
| Aspen Pharmacare Holdings Ltd. | 3,648 | 100,378 | 11.72 | 0.65 | 96,730 | 9.37 | 0.58 |
| Pharmaceuticals and Biotechnology Total | 3,648 | 100,378 | 11.72 | 0.65 | 96,730 | 9.37 | 0.58 |
| AngloGold Ashanti plc | 1,620 | 44,553 | 63.85 | 3.56 | 42,933 | 52.10 | 3.24 |
| Gold Fields Ltd. | 5,607 | 154,307 | 111.98 | 6.25 | 148,700 | 108.42 | 6.74 |
| Harmony Gold Mining Company Ltd. | 2,780 | 76,530 | 25.80 | 1.44 | 73,750 | 23.22 | 1.44 |
| Impala Platinum Holdings Ltd. | 12,127 | 333,770 | 87.45 | 4.88 | 321,643 | 70.94 | 4.41 |
| Northam Platinum Holdings Ltd. | 5,362 | 147,578 | 49.75 | 2.78 | 142,216 | 39.96 | 2.48 |
| Sibanye Stillwater Ltd. | -361,497 | 2,950,598 | 178.51 | 9.96 | 3,312,095 | 163.25 | 10.14 |
| Valterra Platinum Ltd. | 2,398 | 65,984 | 93.01 | 5.19 | 63,586 | 78.55 | 4.88 |
| Precious Metals and Mining Total | -331,603 | 3,773,320 | 610.35 | 34.05 | 4,104,923 | 536.44 | 33.33 |
| NEPI Rockcastle NV | 3,772 | 103,830 | 15.14 | 0.84 | 100,058 | 13.84 | 0.86 |
| Real Estate Investment and Services Total | 3,772 | 103,830 | 15.14 | 0.84 | 100,058 | 13.84 | 0.86 |
| Mr Price Group Ltd. | 2,277 | 62,650 | 10.96 | 0.61 | 60,373 | 12.30 | 0.76 |
| Pepkor Holdings Ltd. | 28,515 | 784,813 | 20.76 | 1.16 | 756,298 | 18.39 | 1.14 |
| The Foschini Group Ltd. | 3,879 | 106,760 | 8.96 | 0.50 | 102,881 | 11.23 | 0.70 |
| Woolworths Holdings Ltd. | 9,066 | 249,494 | 13.97 | 0.78 | 240,428 | 12.09 | 0.75 |
| Retailers Total | 43,737 | 1,203,717 | 54.65 | 3.05 | 1,159,980 | 54.00 | 3.35 |
| Naspers Ltd. | 64,724 | 80,177 | 88.56 | 4.94 | 15,453 | 96.65 | 6.00 |
| Prosus NV | 794 | 21,848 | 22.36 | 1.25 | 21,054 | 25.49 | 1.58 |
| Software and Computer Services Total | 65,518 | 102,025 | 110.92 | 6.19 | 36,507 | 122.14 | 7.59 |
| MTN Group Ltd. | 20,276 | 558,029 | 94.59 | 5.28 | 537,753 | 77.97 | 4.84 |
| Telecommunications Service Providers Total | 20,276 | 558,029 | 94.59 | 5.28 | 537,753 | 77.97 | 4.84 |
| British American Tobacco plc | 3,653 | 100,545 | 94.63 | 5.28 | 96,892 | 88.38 | 5.49 |
| Tobacco Total | 3,653 | 100,545 | 94.63 | 5.28 | 96,892 | 88.38 | 5.49 |
| Portfolio Total | 6,426 | 11,375,037 | 1,792.45 | 100.00 | 11,368,611 | 1,609.69 | 100.00 |