| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 2,337 | 24,793 | 5.93 | 5.65 | 22,456 | 4.07 | 4.64 |
| FirstRand Ltd. | 2,207 | 23,407 | 2.12 | 2.02 | 21,200 | 1.65 | 1.88 |
| Investec Ltd. | 1,437 | 15,243 | 1.86 | 1.77 | 13,806 | 1.77 | 2.02 |
| Investec plc | 696 | 7,387 | 0.90 | 0.86 | 6,691 | 0.86 | 0.98 |
| Nedbank Group Ltd. | 2,561 | 27,169 | 7.23 | 6.89 | 24,608 | 5.25 | 6.00 |
| Standard Bank Group Ltd. | 2,082 | 22,088 | 6.41 | 6.11 | 20,006 | 4.73 | 5.40 |
| Banks Total | 11,320 | 120,087 | 24.47 | 23.32 | 108,767 | 18.32 | 20.91 |
| Cash on call | 0 | 0 | 1.15 | 1.09 | 0 | 1.65 | 1.88 |
| Cash on call Total | 0 | 0 | 1.15 | 1.09 | 0 | 1.65 | 1.88 |
| Sasol Ltd. | 2,067 | 21,928 | 2.33 | 2.22 | 19,861 | 2.13 | 2.44 |
| Chemicals Total | 2,067 | 21,928 | 2.33 | 2.22 | 19,861 | 2.13 | 2.44 |
| Tiger Brands Ltd. | 275 | 2,921 | 1.07 | 1.02 | 2,646 | 0.82 | 0.93 |
| Food Producers Total | 275 | 2,921 | 1.07 | 1.02 | 2,646 | 0.82 | 0.93 |
| Life Healthcare Group Holdings Ltd. | 10,422 | 110,543 | 1.26 | 1.20 | 100,121 | 1.16 | 1.32 |
| Health Care Providers Total | 10,422 | 110,543 | 1.26 | 1.20 | 100,121 | 1.16 | 1.32 |
| BHP Group Ltd. | 700 | 7,424 | 3.76 | 3.59 | 6,724 | 3.20 | 3.66 |
| Kumba Iron Ore Ltd. | 1,092 | 11,587 | 4.07 | 3.88 | 10,495 | 3.41 | 3.89 |
| Industrial Metals and Mining Total | 1,792 | 19,011 | 7.83 | 7.46 | 17,219 | 6.61 | 7.55 |
| Reinet Investments SCA | 996 | 10,560 | 6.12 | 5.84 | 9,564 | 4.83 | 5.51 |
| Remgro Ltd. | 1,035 | 10,982 | 1.99 | 1.90 | 9,947 | 1.67 | 1.90 |
| Investment Banking and Brokerage Services Total | 2,031 | 21,542 | 8.12 | 7.74 | 19,511 | 6.50 | 7.42 |
| Momentum Group Ltd. | 4,714 | 50,003 | 1.91 | 1.82 | 45,289 | 1.49 | 1.69 |
| Old Mutual Ltd. | 6,291 | 66,726 | 0.99 | 0.95 | 60,435 | 0.81 | 0.92 |
| Sanlam Ltd. | 1,080 | 11,458 | 1.13 | 1.08 | 10,378 | 0.87 | 0.99 |
| Life Insurance Total | 12,085 | 128,187 | 4.03 | 3.84 | 116,102 | 3.16 | 3.61 |
| eMedia Holdings Ltd. | -4,173 | 0 | 0.00 | 0.00 | 4,173 | 0.01 | 0.01 |
| Media Total | -4,173 | 0 | 0.00 | 0.00 | 4,173 | 0.01 | 0.01 |
| Exxaro Resources Ltd. | 1,945 | 20,626 | 3.69 | 3.52 | 18,681 | 3.37 | 3.84 |
| Oil, Gas and Coal Total | 1,945 | 20,626 | 3.69 | 3.52 | 18,681 | 3.37 | 3.84 |
| Boxer Retail Ltd. | 2,614 | 27,724 | 1.98 | 1.88 | 25,110 | 1.74 | 1.98 |
| The SPAR Group Ltd. | 3,547 | 37,623 | 3.59 | 3.42 | 34,076 | 3.36 | 3.83 |
| Personal Care, Drug and Grocery Stores Total | 6,161 | 65,347 | 5.57 | 5.31 | 59,186 | 5.10 | 5.82 |
| AngloGold Ashanti plc | 228 | 2,420 | 3.47 | 3.30 | 2,192 | 2.66 | 3.04 |
| Gold Fields Ltd. | 908 | 9,628 | 6.99 | 6.66 | 8,720 | 6.36 | 7.25 |
| Harmony Gold Mining Company Ltd. | 2,000 | 21,212 | 7.15 | 6.81 | 19,212 | 6.05 | 6.90 |
| Sibanye Stillwater Ltd. | 12,677 | 134,461 | 8.13 | 7.75 | 121,784 | 6.00 | 6.85 |
| Precious Metals and Mining Total | 15,813 | 167,721 | 25.74 | 24.52 | 151,908 | 21.07 | 24.04 |
| Truworths International Ltd. | 7,225 | 76,632 | 4.36 | 4.16 | 69,407 | 3.80 | 4.33 |
| Retailers Total | 7,225 | 76,632 | 4.36 | 4.16 | 69,407 | 3.80 | 4.33 |
| Naspers Ltd. | 3,422 | 4,179 | 4.62 | 4.40 | 757 | 4.73 | 5.40 |
| Prosus NV | 134 | 1,424 | 1.46 | 1.39 | 1,290 | 1.56 | 1.78 |
| Software and Computer Services Total | 3,556 | 5,603 | 6.07 | 5.79 | 2,047 | 6.30 | 7.19 |
| MTN Group Ltd. | 2,395 | 25,405 | 4.31 | 4.10 | 23,010 | 3.34 | 3.81 |
| Vodacom Group Ltd. | 752 | 7,981 | 1.13 | 1.07 | 7,229 | 0.96 | 1.10 |
| Telecommunications Service Providers Total | 3,147 | 33,386 | 5.43 | 5.18 | 30,239 | 4.30 | 4.91 |
| British American Tobacco plc | 383 | 4,058 | 3.82 | 3.64 | 3,675 | 3.35 | 3.83 |
| Tobacco Total | 383 | 4,058 | 3.82 | 3.64 | 3,675 | 3.35 | 3.83 |
| Portfolio Total | 74,049 | 797,592 | 104.96 | 100.00 | 723,543 | 87.64 | 100.00 |