| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 627 | 67,633 | 11.90 | 2.36 | 67,006 | 11.86 | 2.56 |
| Capitec Bank Holdings Ltd. | 135 | 7,020 | 24.93 | 4.94 | 6,885 | 21.36 | 4.62 |
| FirstRand Ltd. | 6,335 | 415,611 | 31.46 | 6.24 | 409,276 | 29.40 | 6.35 |
| Investec Ltd. | 202 | 20,169 | 2.67 | 0.53 | 19,967 | 2.28 | 0.49 |
| Investec plc | -506 | 29,891 | 3.95 | 0.78 | 30,397 | 3.46 | 0.75 |
| Nedbank Group Ltd. | 347 | 37,161 | 9.03 | 1.79 | 36,814 | 9.47 | 2.05 |
| Standard Bank Group Ltd. | 235 | 107,175 | 24.39 | 4.84 | 106,940 | 25.60 | 5.53 |
| Banks Total | 7,375 | 684,660 | 108.32 | 21.48 | 677,285 | 103.43 | 22.35 |
| Anheuser-Busch InBev SA/NV | 627 | 7,545 | 9.19 | 1.82 | 6,918 | 7.82 | 1.69 |
| Beverages Total | 627 | 7,545 | 9.19 | 1.82 | 6,918 | 7.82 | 1.69 |
| Cash on call | 0 | 0 | 5.58 | 1.11 | 0 | 5.29 | 1.14 |
| Cash on call Total | 0 | 0 | 5.58 | 1.11 | 0 | 5.29 | 1.14 |
| Sasol Ltd. | 774 | 47,850 | 3.77 | 0.75 | 47,076 | 3.60 | 0.78 |
| Chemicals Total | 774 | 47,850 | 3.77 | 0.75 | 47,076 | 3.60 | 0.78 |
| Mondi plc | 37 | 15,341 | 4.47 | 0.89 | 15,304 | 4.17 | 0.90 |
| The Bidvest Group Ltd. | 284 | 27,722 | 6.47 | 1.28 | 27,438 | 6.46 | 1.40 |
| General Industrials Total | 321 | 43,063 | 10.94 | 2.17 | 42,742 | 10.63 | 2.30 |
| Anglo American plc | -4,204 | 26,406 | 13.88 | 2.75 | 30,610 | 15.64 | 3.38 |
| BHP Group Ltd. | -470 | 12,978 | 5.54 | 1.10 | 13,448 | 5.90 | 1.28 |
| Glencore plc | -45,406 | 0 | 0.00 | 0.00 | 45,406 | 3.05 | 0.66 |
| Industrial Metals and Mining Total | -50,080 | 39,384 | 19.42 | 3.85 | 89,464 | 24.60 | 5.32 |
| Reinet Investments SCA | 108 | 10,862 | 6.26 | 1.24 | 10,754 | 4.79 | 1.03 |
| Remgro Ltd. | 99 | 40,677 | 6.44 | 1.28 | 40,578 | 6.40 | 1.38 |
| Investment Banking and Brokerage Services Total | 207 | 51,539 | 12.69 | 2.52 | 51,332 | 11.19 | 2.42 |
| Discovery Ltd. | 683 | 43,833 | 9.42 | 1.87 | 43,150 | 8.61 | 1.86 |
| Old Mutual Ltd. | -11,585 | 335,749 | 4.05 | 0.80 | 347,334 | 4.13 | 0.89 |
| Sanlam Ltd. | 8,550 | 143,120 | 12.69 | 2.52 | 134,570 | 11.14 | 2.41 |
| Life Insurance Total | -2,352 | 522,702 | 26.16 | 5.19 | 525,054 | 23.88 | 5.16 |
| OUTsurance Group Ltd. | 1,524 | 69,742 | 5.46 | 1.08 | 68,218 | 4.75 | 1.03 |
| Non-life Insurance Total | 1,524 | 69,742 | 5.46 | 1.08 | 68,218 | 4.75 | 1.03 |
| Bid Corporation Ltd. | 488 | 27,395 | 12.81 | 2.54 | 26,907 | 11.82 | 2.56 |
| Clicks Group Ltd. | 102 | 19,341 | 7.18 | 1.42 | 19,239 | 6.52 | 1.41 |
| Shoprite Holdings Ltd. | -215 | 38,529 | 10.67 | 2.12 | 38,744 | 10.57 | 2.28 |
| Personal Care, Drug and Grocery Stores Total | 375 | 85,265 | 30.65 | 6.08 | 84,890 | 28.91 | 6.25 |
| Compagnie Financière Richemont SA | -164 | 3,905 | 13.01 | 2.58 | 4,069 | 12.90 | 2.79 |
| Personal Goods Total | -164 | 3,905 | 13.01 | 2.58 | 4,069 | 12.90 | 2.79 |
| Aspen Pharmacare Holdings Ltd. | 307 | 31,592 | 3.77 | 0.75 | 31,285 | 5.12 | 1.11 |
| Pharmaceuticals and Biotechnology Total | 307 | 31,592 | 3.77 | 0.75 | 31,285 | 5.12 | 1.11 |
| AngloGold Ashanti plc | 1,098 | 28,905 | 23.15 | 4.59 | 27,807 | 19.10 | 4.13 |
| Gold Fields Ltd. | 722 | 72,018 | 29.94 | 5.94 | 71,296 | 28.90 | 6.25 |
| Harmony Gold Mining Company Ltd. | -297 | 44,600 | 10.92 | 2.17 | 44,897 | 11.96 | 2.59 |
| Impala Platinum Holdings Ltd. | -1,230 | 63,841 | 10.15 | 2.01 | 65,071 | 8.19 | 1.77 |
| Northam Platinum Holdings Ltd. | 28,832 | 28,832 | 5.53 | 1.10 | 0 | 0.00 | 0.00 |
| Sibanye Stillwater Ltd. | 2,377 | 229,159 | 7.39 | 1.47 | 226,782 | 4.72 | 1.02 |
| Valterra Platinum Ltd. | 3,235 | 10,338 | 8.17 | 1.62 | 7,103 | 5.22 | 1.13 |
| Precious Metals and Mining Total | 34,737 | 477,693 | 95.25 | 18.89 | 442,956 | 78.10 | 16.88 |
| NEPI Rockcastle NV | 218 | 48,304 | 6.52 | 1.29 | 48,086 | 6.37 | 1.38 |
| Real Estate Investment and Services Total | 218 | 48,304 | 6.52 | 1.29 | 48,086 | 6.37 | 1.38 |
| Growthpoint Properties Ltd. | 3,050 | 275,172 | 3.68 | 0.73 | 272,122 | 3.52 | 0.76 |
| Real Estate Investment Trusts Total | 3,050 | 275,172 | 3.68 | 0.73 | 272,122 | 3.52 | 0.76 |
| Mr Price Group Ltd. | 278 | 20,606 | 4.56 | 0.90 | 20,328 | 4.50 | 0.97 |
| Pepkor Holdings Ltd. | 3,173 | 216,062 | 5.88 | 1.17 | 212,889 | 5.44 | 1.17 |
| Woolworths Holdings Ltd. | 710 | 73,423 | 3.80 | 0.75 | 72,713 | 3.71 | 0.80 |
| Retailers Total | 4,161 | 310,091 | 14.25 | 2.83 | 305,930 | 13.65 | 2.95 |
| Naspers Ltd. | -573 | 12,917 | 71.24 | 14.13 | 13,490 | 60.95 | 13.17 |
| Prosus NV | -1,198 | 22,965 | 22.77 | 4.52 | 24,163 | 20.34 | 4.39 |
| Software and Computer Services Total | -1,771 | 35,882 | 94.01 | 18.64 | 37,653 | 81.28 | 17.57 |
| MTN Group Ltd. | 1,465 | 147,494 | 20.77 | 4.12 | 146,029 | 18.00 | 3.89 |
| Vodacom Group Ltd. | 484 | 48,642 | 6.65 | 1.32 | 48,158 | 6.04 | 1.31 |
| Telecommunications Service Providers Total | 1,949 | 196,136 | 27.42 | 5.44 | 194,187 | 24.04 | 5.19 |
| British American Tobacco plc | -1,206 | 16,846 | 14.16 | 2.81 | 18,052 | 13.62 | 2.94 |
| Tobacco Total | -1,206 | 16,846 | 14.16 | 2.81 | 18,052 | 13.62 | 2.94 |
| Portfolio Total | 52 | 2,947,371 | 504.28 | 100.00 | 2,947,319 | 462.71 | 100.00 |