| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 881 | 99,333 | 17.48 | 2.35 | 98,452 | 17.43 | 2.58 |
| Capitec Bank Holdings Ltd. | 190 | 10,308 | 36.60 | 4.92 | 10,118 | 31.39 | 4.65 |
| FirstRand Ltd. | 7,302 | 610,319 | 46.20 | 6.21 | 603,017 | 43.32 | 6.42 |
| Investec Ltd. | 585 | 29,650 | 3.92 | 0.53 | 29,065 | 3.31 | 0.49 |
| Investec plc | 0 | 44,388 | 5.87 | 0.79 | 44,388 | 5.06 | 0.75 |
| Nedbank Group Ltd. | 495 | 54,582 | 13.27 | 1.78 | 54,087 | 13.91 | 2.06 |
| Standard Bank Group Ltd. | 0 | 157,597 | 35.86 | 4.82 | 157,597 | 37.73 | 5.59 |
| Banks Total | 9,453 | 1,006,177 | 159.19 | 21.40 | 996,724 | 152.15 | 22.53 |
| Anheuser-Busch InBev SA/NV | 851 | 11,082 | 13.50 | 1.82 | 10,231 | 11.57 | 1.71 |
| Beverages Total | 851 | 11,082 | 13.50 | 1.82 | 10,231 | 11.57 | 1.71 |
| Cash on call | 0 | 0 | 11.60 | 1.56 | 0 | 2.33 | 0.34 |
| Cash on call Total | 0 | 0 | 11.60 | 1.56 | 0 | 2.33 | 0.34 |
| Sasol Ltd. | 701 | 70,302 | 5.54 | 0.74 | 69,601 | 5.32 | 0.79 |
| Chemicals Total | 701 | 70,302 | 5.54 | 0.74 | 69,601 | 5.32 | 0.79 |
| Mondi plc | 0 | 22,375 | 6.51 | 0.88 | 22,375 | 6.09 | 0.90 |
| The Bidvest Group Ltd. | 415 | 40,724 | 9.51 | 1.28 | 40,309 | 9.49 | 1.41 |
| General Industrials Total | 415 | 63,099 | 16.02 | 2.15 | 62,684 | 15.58 | 2.31 |
| Anglo American plc | -6,378 | 38,766 | 20.38 | 2.74 | 45,144 | 23.07 | 3.42 |
| BHP Group Ltd. | -709 | 19,046 | 8.13 | 1.09 | 19,755 | 8.67 | 1.28 |
| Glencore plc | -66,685 | 0 | 0.00 | 0.00 | 66,685 | 4.49 | 0.66 |
| Industrial Metals and Mining Total | -73,772 | 57,812 | 28.51 | 3.83 | 131,584 | 36.22 | 5.36 |
| Reinet Investments SCA | 0 | 15,897 | 9.16 | 1.23 | 15,897 | 7.08 | 1.05 |
| Remgro Ltd. | 0 | 59,611 | 9.43 | 1.27 | 59,611 | 9.41 | 1.39 |
| Investment Banking and Brokerage Services Total | 0 | 75,508 | 18.59 | 2.50 | 75,508 | 16.48 | 2.44 |
| Discovery Ltd. | 985 | 64,382 | 13.83 | 1.86 | 63,397 | 12.65 | 1.87 |
| Old Mutual Ltd. | -17,528 | 492,628 | 5.95 | 0.80 | 510,156 | 6.07 | 0.90 |
| Sanlam Ltd. | 12,477 | 210,199 | 18.64 | 2.51 | 197,722 | 16.36 | 2.42 |
| Life Insurance Total | -4,066 | 767,209 | 38.41 | 5.17 | 771,275 | 35.08 | 5.19 |
| OUTsurance Group Ltd. | 2,226 | 102,459 | 8.03 | 1.08 | 100,233 | 6.99 | 1.03 |
| Non-life Insurance Total | 2,226 | 102,459 | 8.03 | 1.08 | 100,233 | 6.99 | 1.03 |
| Bid Corporation Ltd. | 700 | 40,234 | 18.81 | 2.53 | 39,534 | 17.37 | 2.57 |
| Clicks Group Ltd. | 0 | 28,264 | 10.49 | 1.41 | 28,264 | 9.57 | 1.42 |
| Shoprite Holdings Ltd. | -366 | 56,558 | 15.66 | 2.11 | 56,924 | 15.52 | 2.30 |
| Personal Care, Drug and Grocery Stores Total | 334 | 125,056 | 44.96 | 6.04 | 124,722 | 42.47 | 6.29 |
| Compagnie Financière Richemont SA | -246 | 5,734 | 19.10 | 2.57 | 5,980 | 18.96 | 2.81 |
| Personal Goods Total | -246 | 5,734 | 19.10 | 2.57 | 5,980 | 18.96 | 2.81 |
| Aspen Pharmacare Holdings Ltd. | 0 | 45,959 | 5.49 | 0.74 | 45,959 | 7.52 | 1.11 |
| Pharmaceuticals and Biotechnology Total | 0 | 45,959 | 5.49 | 0.74 | 45,959 | 7.52 | 1.11 |
| AngloGold Ashanti plc | 1,440 | 42,447 | 34.00 | 4.57 | 41,007 | 28.16 | 4.17 |
| Gold Fields Ltd. | 693 | 105,756 | 43.97 | 5.91 | 105,063 | 42.59 | 6.31 |
| Harmony Gold Mining Company Ltd. | -491 | 65,473 | 16.03 | 2.16 | 65,964 | 17.58 | 2.60 |
| Impala Platinum Holdings Ltd. | -1,889 | 93,712 | 14.89 | 2.00 | 95,601 | 12.04 | 1.78 |
| Northam Platinum Holdings Ltd. | 42,361 | 42,361 | 8.12 | 1.09 | 0 | 0.00 | 0.00 |
| Sibanye Stillwater Ltd. | 0 | 335,317 | 10.82 | 1.45 | 335,317 | 6.98 | 1.03 |
| Valterra Platinum Ltd. | 4,794 | 15,185 | 12.00 | 1.61 | 10,391 | 7.63 | 1.13 |
| Precious Metals and Mining Total | 46,908 | 700,251 | 139.83 | 18.80 | 653,343 | 114.99 | 17.03 |
| NEPI Rockcastle NV | 0 | 70,642 | 9.53 | 1.28 | 70,642 | 9.36 | 1.39 |
| Real Estate Investment and Services Total | 0 | 70,642 | 9.53 | 1.28 | 70,642 | 9.36 | 1.39 |
| Growthpoint Properties Ltd. | 0 | 402,360 | 5.39 | 0.72 | 402,360 | 5.21 | 0.77 |
| Real Estate Investment Trusts Total | 0 | 402,360 | 5.39 | 0.72 | 402,360 | 5.21 | 0.77 |
| Mr Price Group Ltd. | 575 | 30,277 | 6.70 | 0.90 | 29,702 | 6.58 | 0.97 |
| Pepkor Holdings Ltd. | 2,714 | 317,411 | 8.64 | 1.16 | 314,697 | 8.03 | 1.19 |
| Woolworths Holdings Ltd. | 0 | 107,499 | 5.56 | 0.75 | 107,499 | 5.48 | 0.81 |
| Retailers Total | 3,289 | 455,187 | 20.91 | 2.81 | 451,898 | 20.10 | 2.98 |
| Naspers Ltd. | -895 | 18,967 | 104.61 | 14.07 | 19,862 | 89.74 | 13.29 |
| Prosus NV | -1,789 | 33,716 | 33.43 | 4.50 | 35,505 | 29.88 | 4.42 |
| Software and Computer Services Total | -2,684 | 52,683 | 138.04 | 18.56 | 55,367 | 119.62 | 17.71 |
| MTN Group Ltd. | 2,035 | 216,605 | 30.51 | 4.10 | 214,570 | 26.44 | 3.92 |
| Vodacom Group Ltd. | 712 | 71,456 | 9.77 | 1.31 | 70,744 | 8.87 | 1.31 |
| Telecommunications Service Providers Total | 2,747 | 288,061 | 40.27 | 5.42 | 285,314 | 35.32 | 5.23 |
| British American Tobacco plc | -1,793 | 24,732 | 20.79 | 2.80 | 26,525 | 20.02 | 2.96 |
| Tobacco Total | -1,793 | 24,732 | 20.79 | 2.80 | 26,525 | 20.02 | 2.96 |
| Portfolio Total | -15,637 | 4,324,313 | 743.72 | 100.00 | 4,339,950 | 675.29 | 100.00 |