| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | 3,263 | 71,927 | 12.64 | 2.36 | 68,664 | 12.11 | 2.55 |
| Capitec Bank Holdings Ltd. | 410 | 7,466 | 26.54 | 4.95 | 7,056 | 21.74 | 4.57 |
| FirstRand Ltd. | 22,586 | 441,994 | 33.68 | 6.28 | 419,408 | 30.16 | 6.35 |
| Investec Ltd. | 866 | 21,328 | 2.82 | 0.53 | 20,462 | 2.32 | 0.49 |
| Investec plc | 639 | 31,789 | 4.20 | 0.78 | 31,150 | 3.52 | 0.74 |
| Nedbank Group Ltd. | 1,796 | 39,520 | 9.65 | 1.80 | 37,724 | 9.67 | 2.03 |
| Standard Bank Group Ltd. | 4,391 | 113,978 | 25.94 | 4.84 | 109,587 | 26.32 | 5.54 |
| Banks Total | 33,951 | 728,002 | 115.46 | 21.53 | 694,051 | 105.84 | 22.27 |
| Anheuser-Busch InBev SA/NV | 935 | 8,024 | 9.78 | 1.82 | 7,089 | 8.01 | 1.68 |
| Beverages Total | 935 | 8,024 | 9.78 | 1.82 | 7,089 | 8.01 | 1.68 |
| Cash on call | 0 | 0 | 4.85 | 0.90 | 0 | 4.88 | 1.03 |
| Margin Account | 0 | 0 | 0.51 | 0.10 | 0 | 0.37 | 0.08 |
| Cash on call Total | 0 | 0 | 5.36 | 1.00 | 0 | 5.24 | 1.10 |
| Sasol Ltd. | 2,645 | 50,887 | 4.09 | 0.76 | 48,242 | 3.68 | 0.77 |
| Chemicals Total | 2,645 | 50,887 | 4.09 | 0.76 | 48,242 | 3.68 | 0.77 |
| Mondi plc | 632 | 16,315 | 4.74 | 0.88 | 15,683 | 4.27 | 0.90 |
| The Bidvest Group Ltd. | 1,365 | 29,482 | 6.93 | 1.29 | 28,117 | 6.61 | 1.39 |
| General Industrials Total | 1,997 | 45,797 | 11.67 | 2.18 | 43,800 | 10.88 | 2.29 |
| Anglo American plc | -3,284 | 28,083 | 14.62 | 2.73 | 31,367 | 16.04 | 3.37 |
| BHP Group Ltd. | 22 | 13,802 | 5.88 | 1.10 | 13,780 | 6.02 | 1.27 |
| Glencore plc | -46,530 | 0 | 0.00 | 0.00 | 46,530 | 3.11 | 0.65 |
| Industrial Metals and Mining Total | -49,792 | 41,885 | 20.50 | 3.82 | 91,677 | 25.17 | 5.30 |
| Reinet Investments SCA | 531 | 11,551 | 6.64 | 1.24 | 11,020 | 4.94 | 1.04 |
| Remgro Ltd. | 1,678 | 43,260 | 6.81 | 1.27 | 41,582 | 6.47 | 1.36 |
| Investment Banking and Brokerage Services Total | 2,209 | 54,811 | 13.45 | 2.51 | 52,602 | 11.41 | 2.40 |
| Discovery Ltd. | 2,397 | 46,616 | 10.04 | 1.87 | 44,219 | 8.80 | 1.85 |
| Old Mutual Ltd. | 1,131 | 357,062 | 4.28 | 0.80 | 355,931 | 4.26 | 0.90 |
| Sanlam Ltd. | 14,304 | 152,206 | 13.52 | 2.52 | 137,902 | 11.51 | 2.42 |
| Life Insurance Total | 17,832 | 555,884 | 27.83 | 5.19 | 538,052 | 24.57 | 5.17 |
| OUTsurance Group Ltd. | 4,262 | 74,169 | 5.81 | 1.08 | 69,907 | 4.88 | 1.03 |
| Non-life Insurance Total | 4,262 | 74,169 | 5.81 | 1.08 | 69,907 | 4.88 | 1.03 |
| Bid Corporation Ltd. | 1,561 | 29,134 | 13.76 | 2.56 | 27,573 | 12.13 | 2.55 |
| Clicks Group Ltd. | 854 | 20,569 | 7.66 | 1.43 | 19,715 | 6.65 | 1.40 |
| Shoprite Holdings Ltd. | 1,188 | 40,890 | 11.44 | 2.13 | 39,702 | 10.76 | 2.26 |
| Personal Care, Drug and Grocery Stores Total | 3,603 | 90,593 | 32.86 | 6.13 | 86,990 | 29.53 | 6.21 |
| Compagnie Financière Richemont SA | -17 | 4,153 | 13.84 | 2.58 | 4,170 | 13.30 | 2.80 |
| Personal Goods Total | -17 | 4,153 | 13.84 | 2.58 | 4,170 | 13.30 | 2.80 |
| Aspen Pharmacare Holdings Ltd. | 1,356 | 33,416 | 4.00 | 0.74 | 32,060 | 5.21 | 1.10 |
| Pharmaceuticals and Biotechnology Total | 1,356 | 33,416 | 4.00 | 0.74 | 32,060 | 5.21 | 1.10 |
| AngloGold Ashanti plc | 2,244 | 30,740 | 24.55 | 4.58 | 28,496 | 19.89 | 4.18 |
| Gold Fields Ltd. | 3,530 | 76,590 | 31.84 | 5.94 | 73,060 | 30.45 | 6.41 |
| Harmony Gold Mining Company Ltd. | 1,377 | 47,385 | 11.44 | 2.13 | 46,008 | 12.25 | 2.58 |
| Impala Platinum Holdings Ltd. | 1,212 | 67,894 | 10.81 | 2.02 | 66,682 | 8.48 | 1.78 |
| Northam Platinum Holdings Ltd. | 30,663 | 30,663 | 5.93 | 1.11 | 0 | 0.00 | 0.00 |
| Sibanye Stillwater Ltd. | 11,310 | 243,706 | 7.86 | 1.47 | 232,396 | 4.81 | 1.01 |
| Valterra Platinum Ltd. | 3,716 | 10,995 | 8.70 | 1.62 | 7,279 | 5.46 | 1.15 |
| Precious Metals and Mining Total | 54,052 | 507,973 | 101.13 | 18.86 | 453,921 | 81.34 | 17.11 |
| NEPI Rockcastle NV | 2,095 | 51,371 | 6.96 | 1.30 | 49,276 | 6.53 | 1.37 |
| Real Estate Investment and Services Total | 2,095 | 51,371 | 6.96 | 1.30 | 49,276 | 6.53 | 1.37 |
| Growthpoint Properties Ltd. | 11,793 | 290,652 | 3.86 | 0.72 | 278,859 | 3.61 | 0.76 |
| Real Estate Investment Trusts Total | 11,793 | 290,652 | 3.86 | 0.72 | 278,859 | 3.61 | 0.76 |
| Mr Price Group Ltd. | 1,083 | 21,914 | 4.86 | 0.91 | 20,831 | 4.61 | 0.97 |
| Pepkor Holdings Ltd. | 11,619 | 229,778 | 6.27 | 1.17 | 218,159 | 5.59 | 1.18 |
| Woolworths Holdings Ltd. | 3,152 | 77,665 | 4.04 | 0.75 | 74,513 | 3.85 | 0.81 |
| Retailers Total | 15,854 | 329,357 | 15.16 | 2.83 | 313,503 | 14.05 | 2.96 |
| Naspers Ltd. | -87 | 13,737 | 76.12 | 14.19 | 13,824 | 62.76 | 13.20 |
| Prosus NV | -338 | 24,423 | 24.20 | 4.51 | 24,761 | 20.82 | 4.38 |
| Software and Computer Services Total | -425 | 38,160 | 100.32 | 18.70 | 38,585 | 83.58 | 17.58 |
| MTN Group Ltd. | 7,213 | 156,857 | 22.16 | 4.13 | 149,644 | 18.54 | 3.90 |
| Vodacom Group Ltd. | 2,380 | 51,730 | 7.06 | 1.32 | 49,350 | 6.09 | 1.28 |
| Telecommunications Service Providers Total | 9,593 | 208,587 | 29.22 | 5.45 | 198,994 | 24.63 | 5.18 |
| British American Tobacco plc | -583 | 17,916 | 15.05 | 2.81 | 18,499 | 13.87 | 2.92 |
| Tobacco Total | -583 | 17,916 | 15.05 | 2.81 | 18,499 | 13.87 | 2.92 |
| Portfolio Total | 111,360 | 3,131,637 | 536.35 | 100.00 | 3,020,277 | 475.34 | 100.00 |