| | | |
| Security | Change | # Units | Value (Rm) | % Fund | # Units | Value (Rm) | % Fund |
| Absa Group Ltd. | -8,163 | 12,417 | 2.97 | 1.30 | 20,580 | 3.72 | 1.79 |
| Capitec Bank Holdings Ltd. | 1,688 | 3,052 | 12.68 | 5.55 | 1,364 | 4.73 | 2.28 |
| FirstRand Ltd. | -59,732 | 42,283 | 3.84 | 1.68 | 102,015 | 7.94 | 3.83 |
| Investec Ltd. | -1,135 | 2,547 | 0.31 | 0.14 | 3,682 | 0.47 | 0.23 |
| Investec plc | -2,221 | 6,858 | 0.84 | 0.37 | 9,079 | 1.17 | 0.56 |
| Nedbank Group Ltd. | 731 | 9,508 | 2.53 | 1.11 | 8,777 | 1.88 | 0.91 |
| Standard Bank Group Ltd. | -10,369 | 17,991 | 5.22 | 2.29 | 28,360 | 6.70 | 3.23 |
| Banks Total | -79,201 | 94,656 | 28.40 | 12.42 | 173,857 | 26.62 | 12.82 |
| Anheuser-Busch InBev SA/NV | 1,477 | 3,648 | 3.91 | 1.71 | 2,171 | 2.24 | 1.08 |
| Beverages Total | 1,477 | 3,648 | 3.91 | 1.71 | 2,171 | 2.24 | 1.08 |
| Cash on call | 0 | 0 | 12.85 | 5.62 | 0 | 6.00 | 2.89 |
| Margin Account | 0 | 0 | 1.21 | 0.53 | 0 | 0.46 | 0.22 |
| Cash on call Total | 0 | 0 | 14.05 | 6.15 | 0 | 6.46 | 3.11 |
| AECI Ltd. | 0 | 5,544 | 0.50 | 0.22 | 5,544 | 0.54 | 0.26 |
| Omnia Holdings Ltd. | 2,753 | 5,825 | 0.46 | 0.20 | 3,072 | 0.22 | 0.11 |
| Sasol Ltd. | -6,751 | 6,542 | 0.69 | 0.30 | 13,293 | 1.43 | 0.69 |
| Chemicals Total | -3,998 | 17,911 | 1.65 | 0.72 | 21,909 | 2.19 | 1.05 |
| PPC Ltd. | -56,594 | 0 | 0.00 | 0.00 | 56,594 | 0.31 | 0.15 |
| Raubex Group Ltd. | 10,019 | 16,386 | 0.73 | 0.32 | 6,367 | 0.27 | 0.13 |
| Wilson Bayly Holmes - Ovcon Ltd. | 1,447 | 3,723 | 0.62 | 0.27 | 2,276 | 0.34 | 0.16 |
| Construction and Materials Total | -45,128 | 20,109 | 1.35 | 0.59 | 65,237 | 0.92 | 0.44 |
| ADvTECH Ltd. | -6,895 | 11,341 | 0.42 | 0.18 | 18,236 | 0.58 | 0.28 |
| Curro Holdings Ltd. | 24,252 | 24,252 | 0.35 | 0.15 | 0 | 0.00 | 0.00 |
| Consumer Services Total | 17,357 | 35,593 | 0.77 | 0.34 | 18,236 | 0.58 | 0.28 |
| Reunert Ltd. | 3,147 | 10,149 | 0.63 | 0.28 | 7,002 | 0.38 | 0.18 |
| Electronic and Electrical Equipment Total | 3,147 | 10,149 | 0.63 | 0.28 | 7,002 | 0.38 | 0.18 |
| 1NVEST MSCI EM Asia Index Feeder ETF | 247,999 | 247,999 | 9.75 | 4.27 | 0 | 0.00 | 0.00 |
| Satrix MSCI World Feeder ETF | 0 | 146,626 | 15.82 | 6.92 | 146,626 | 15.90 | 7.66 |
| Satrix Nasdaq 100 ETF | 19,280 | 56,867 | 13.63 | 5.96 | 37,587 | 9.10 | 4.38 |
| Satrix S&P 500 Feeder ETF | 0 | 48,761 | 5.94 | 2.60 | 48,761 | 5.98 | 2.88 |
| Exchange Traded Funds Total | 267,279 | 500,253 | 45.14 | 19.74 | 232,974 | 30.97 | 14.92 |
| Astral Foods Ltd. | 717 | 2,483 | 0.66 | 0.29 | 1,766 | 0.37 | 0.18 |
| AVI Ltd. | 470 | 11,087 | 1.17 | 0.51 | 10,617 | 1.05 | 0.50 |
| Premier Group Ltd. | -1,022 | 1,620 | 0.27 | 0.12 | 2,642 | 0.40 | 0.19 |
| Tiger Brands Ltd. | 1,216 | 5,338 | 1.95 | 0.86 | 4,122 | 1.27 | 0.61 |
| Food Producers Total | 1,381 | 20,528 | 4.06 | 1.78 | 19,147 | 3.08 | 1.49 |
| Barloworld Ltd. | -3,119 | 0 | 0.00 | 0.00 | 3,119 | 0.37 | 0.18 |
| KAP Ltd. | -64,026 | 0 | 0.00 | 0.00 | 64,026 | 0.11 | 0.05 |
| Mondi plc | 0 | 4,402 | 0.90 | 0.39 | 4,402 | 1.04 | 0.50 |
| Nampak Ltd. | 659 | 659 | 0.36 | 0.16 | 0 | 0.00 | 0.00 |
| The Bidvest Group Ltd. | 1,083 | 8,111 | 1.93 | 0.84 | 7,028 | 1.48 | 0.71 |
| General Industrials Total | -65,403 | 13,172 | 3.18 | 1.39 | 78,575 | 3.00 | 1.44 |
| Life Healthcare Group Holdings Ltd. | -11,105 | 27,832 | 0.32 | 0.14 | 38,937 | 0.45 | 0.22 |
| Netcare Ltd. | -22,972 | 22,647 | 0.36 | 0.16 | 45,619 | 0.65 | 0.31 |
| Health Care Providers Total | -34,077 | 50,479 | 0.68 | 0.30 | 84,556 | 1.10 | 0.53 |
| Sappi Ltd. | -6,670 | 9,175 | 0.23 | 0.10 | 15,845 | 0.37 | 0.18 |
| Industrial Materials Total | -6,670 | 9,175 | 0.23 | 0.10 | 15,845 | 0.37 | 0.18 |
| African Rainbow Minerals Ltd. | -1,666 | 3,211 | 0.64 | 0.28 | 4,877 | 0.90 | 0.44 |
| Afrimat Ltd. | 11,583 | 16,225 | 0.67 | 0.29 | 4,642 | 0.18 | 0.09 |
| Anglo American plc | -409 | 5,282 | 3.62 | 1.58 | 5,691 | 3.67 | 1.77 |
| BHP Group Ltd. | 380 | 3,603 | 1.83 | 0.80 | 3,223 | 1.54 | 0.74 |
| Glencore plc | -13,776 | 10,500 | 0.96 | 0.42 | 24,276 | 1.94 | 0.94 |
| Kumba Iron Ore Ltd. | 3,632 | 5,275 | 1.85 | 0.81 | 1,643 | 0.54 | 0.26 |
| South32 Ltd. | 5,272 | 10,306 | 0.41 | 0.18 | 5,034 | 0.16 | 0.08 |
| Industrial Metals and Mining Total | 5,016 | 54,402 | 9.97 | 4.36 | 49,386 | 8.93 | 4.30 |
| Hudaco Industries Ltd. | 3,035 | 5,390 | 1.10 | 0.48 | 2,355 | 0.41 | 0.20 |
| Industrial Support Services Total | 3,035 | 5,390 | 1.10 | 0.48 | 2,355 | 0.41 | 0.20 |
| Grindrod Ltd. | -19,914 | 0 | 0.00 | 0.00 | 19,914 | 0.30 | 0.14 |
| Super Group Ltd. | 0 | 18,408 | 0.35 | 0.15 | 18,408 | 0.24 | 0.11 |
| Industrial Transportation Total | -19,914 | 18,408 | 0.35 | 0.15 | 38,322 | 0.54 | 0.26 |
| 1NVEST MSCI World Index Feeder ETF | -70,100 | 40,331 | 4.34 | 1.90 | 110,431 | 11.86 | 5.71 |
| International Total | -70,100 | 40,331 | 4.34 | 1.90 | 110,431 | 11.86 | 5.71 |
| Coronation Fund Managers Ltd. | -8,470 | 0 | 0.00 | 0.00 | 8,470 | 0.38 | 0.18 |
| JSE Ltd. | 1,398 | 3,867 | 0.55 | 0.24 | 2,469 | 0.32 | 0.15 |
| Ninety One Ltd. | -7,106 | 0 | 0.00 | 0.00 | 7,106 | 0.32 | 0.16 |
| Ninety One plc | 0 | 9,457 | 0.46 | 0.20 | 9,457 | 0.44 | 0.21 |
| PSG Financial Services Ltd. | -18,985 | 0 | 0.00 | 0.00 | 18,985 | 0.43 | 0.21 |
| Quilter plc | -7,994 | 13,042 | 0.53 | 0.23 | 21,036 | 0.81 | 0.39 |
| Reinet Investments SCA | 790 | 4,139 | 2.40 | 1.05 | 3,349 | 1.69 | 0.82 |
| Remgro Ltd. | -3,910 | 6,046 | 1.10 | 0.48 | 9,956 | 1.68 | 0.81 |
| Investment Banking and Brokerage Services Total | -44,277 | 36,551 | 5.04 | 2.20 | 80,828 | 6.07 | 2.92 |
| Discovery Ltd. | -4,377 | 4,063 | 0.92 | 0.40 | 8,440 | 1.67 | 0.80 |
| Momentum Group Ltd. | -18,647 | 19,519 | 0.75 | 0.33 | 38,166 | 1.26 | 0.61 |
| Old Mutual Ltd. | -45,873 | 33,562 | 0.50 | 0.22 | 79,435 | 1.06 | 0.51 |
| Sanlam Ltd. | -14,838 | 14,764 | 1.45 | 0.64 | 29,602 | 2.46 | 1.18 |
| Life Insurance Total | -83,735 | 71,908 | 3.63 | 1.59 | 155,643 | 6.44 | 3.10 |
| eMedia Holdings Ltd. | -4,177 | 0 | 0.00 | 0.00 | 4,177 | 0.01 | 0.00 |
| Media Total | -4,177 | 0 | 0.00 | 0.00 | 4,177 | 0.01 | 0.00 |
| Money Market - 10 months duration | 0 | 0 | 2.03 | 0.89 | 0 | 0.00 | 0.00 |
| Money Market - 11 months duration | 0 | 0 | 0.00 | 0.00 | 0 | 4.10 | 1.97 |
| Money Market - 6 months duration | 0 | 0 | 4.18 | 1.83 | 0 | 0.00 | 0.00 |
| Money Market Total | 0 | 0 | 6.21 | 2.71 | 0 | 4.10 | 1.97 |
| OUTsurance Group Ltd. | -9,227 | 6,243 | 0.45 | 0.20 | 15,470 | 1.11 | 0.53 |
| Santam Ltd. | 635 | 1,466 | 0.63 | 0.27 | 831 | 0.31 | 0.15 |
| Non-life Insurance Total | -8,592 | 7,709 | 1.07 | 0.47 | 16,301 | 1.42 | 0.68 |
| Exxaro Resources Ltd. | -2,188 | 3,517 | 0.63 | 0.28 | 5,705 | 1.02 | 0.49 |
| Thungela Resources Ltd. | 0 | 3,023 | 0.29 | 0.13 | 3,023 | 0.26 | 0.13 |
| Oil, Gas and Coal Total | -2,188 | 6,540 | 0.92 | 0.40 | 8,728 | 1.28 | 0.62 |
| Bid Corporation Ltd. | 0 | 5,820 | 2.46 | 1.07 | 5,820 | 2.51 | 1.21 |
| Boxer Retail Ltd. | -1,263 | 4,438 | 0.32 | 0.14 | 5,701 | 0.39 | 0.19 |
| Clicks Group Ltd. | 0 | 3,735 | 1.26 | 0.55 | 3,735 | 1.32 | 0.64 |
| Dis-Chem Pharmacies Ltd. | -1,650 | 12,766 | 0.45 | 0.20 | 14,416 | 0.47 | 0.23 |
| Pick n Pay Stores Ltd. | -6,681 | 7,732 | 0.19 | 0.08 | 14,413 | 0.36 | 0.17 |
| Shoprite Holdings Ltd. | -642 | 7,413 | 2.00 | 0.88 | 8,055 | 2.21 | 1.06 |
| The SPAR Group Ltd. | 0 | 5,664 | 0.54 | 0.24 | 5,664 | 0.55 | 0.26 |
| Personal Care, Drug and Grocery Stores Total | -10,236 | 47,568 | 7.21 | 3.15 | 57,804 | 7.81 | 3.76 |
| Compagnie Financière Richemont SA | 2,057 | 2,840 | 10.30 | 4.51 | 783 | 2.56 | 1.23 |
| Personal Goods Total | 2,057 | 2,840 | 10.30 | 4.51 | 783 | 2.56 | 1.23 |
| Adcock Ingram Holdings Ltd. | -3,639 | 0 | 0.00 | 0.00 | 3,639 | 0.26 | 0.13 |
| Aspen Pharmacare Holdings Ltd. | 5,508 | 12,475 | 1.46 | 0.64 | 6,967 | 0.67 | 0.32 |
| Pharmaceuticals and Biotechnology Total | 1,869 | 12,475 | 1.46 | 0.64 | 10,606 | 0.93 | 0.45 |
| AngloGold Ashanti plc | 1,476 | 8,674 | 12.43 | 5.44 | 7,198 | 8.56 | 4.12 |
| DRDGOLD Ltd. | 11,915 | 11,915 | 0.62 | 0.27 | 0 | 0.00 | 0.00 |
| Gold Fields Ltd. | -3,801 | 8,812 | 6.39 | 2.80 | 12,613 | 9.05 | 4.36 |
| Harmony Gold Mining Company Ltd. | -2,545 | 3,994 | 1.35 | 0.59 | 6,539 | 2.01 | 0.97 |
| Impala Platinum Holdings Ltd. | -6,072 | 6,166 | 1.62 | 0.71 | 12,238 | 2.66 | 1.28 |
| Northam Platinum Holdings Ltd. | -3,064 | 10,895 | 3.67 | 1.61 | 13,959 | 3.89 | 1.88 |
| Pan African Resources plc | -16,419 | 16,563 | 0.45 | 0.20 | 32,982 | 0.66 | 0.32 |
| Sibanye Stillwater Ltd. | -27,730 | 6,459 | 0.39 | 0.17 | 34,189 | 1.68 | 0.81 |
| Valterra Platinum Ltd. | 2,140 | 4,724 | 6.66 | 2.91 | 2,584 | 3.12 | 1.50 |
| Precious Metals and Mining Total | -44,100 | 78,202 | 33.58 | 14.69 | 122,302 | 31.64 | 15.24 |
| Fortress Real Estate Investments Ltd. | -19,486 | 0 | 0.00 | 0.00 | 19,486 | 0.44 | 0.21 |
| MAS plc | -8,212 | 0 | 0.00 | 0.00 | 8,212 | 0.17 | 0.08 |
| NEPI Rockcastle NV | 0 | 9,784 | 1.43 | 0.62 | 9,784 | 1.35 | 0.65 |
| Real Estate Investment and Services Total | -27,698 | 9,784 | 1.43 | 0.62 | 37,482 | 1.97 | 0.95 |
| Growthpoint Properties Ltd. | -27,262 | 20,266 | 0.35 | 0.15 | 47,528 | 0.70 | 0.34 |
| Hammerson plc | 4,695 | 4,695 | 0.34 | 0.15 | 0 | 0.00 | 0.00 |
| Redefine Properties Ltd. | -39,153 | 78,789 | 0.47 | 0.21 | 117,942 | 0.58 | 0.28 |
| Resilient REIT Ltd. | -2,130 | 3,041 | 0.24 | 0.11 | 5,171 | 0.33 | 0.16 |
| Sirius Real Estate Ltd. | -7,769 | 0 | 0.00 | 0.00 | 7,769 | 0.17 | 0.08 |
| Vukile Property Fund Ltd. | -9,428 | 9,520 | 0.24 | 0.10 | 18,948 | 0.40 | 0.19 |
| Real Estate Investment Trusts Total | -81,047 | 116,311 | 1.64 | 0.72 | 197,358 | 2.19 | 1.05 |
| Combined Motor Holdings Ltd. | -6,070 | 0 | 0.00 | 0.00 | 6,070 | 0.20 | 0.10 |
| Italtile Ltd. | -18,387 | 0 | 0.00 | 0.00 | 18,387 | 0.17 | 0.08 |
| Motus Holdings Ltd. | 0 | 5,263 | 0.64 | 0.28 | 5,263 | 0.55 | 0.26 |
| Mr Price Group Ltd. | -417 | 7,995 | 1.40 | 0.61 | 8,412 | 1.72 | 0.83 |
| Pepkor Holdings Ltd. | -33,882 | 21,781 | 0.58 | 0.25 | 55,663 | 1.36 | 0.66 |
| The Foschini Group Ltd. | -2,285 | 6,093 | 0.52 | 0.23 | 8,378 | 0.91 | 0.44 |
| Truworths International Ltd. | 15,194 | 26,535 | 1.51 | 0.66 | 11,341 | 0.62 | 0.30 |
| We Buy Cars Holdings Ltd. | -9,184 | 4,982 | 0.24 | 0.10 | 14,166 | 0.79 | 0.38 |
| Woolworths Holdings Ltd. | -7,883 | 8,585 | 0.48 | 0.21 | 16,468 | 0.82 | 0.40 |
| Retailers Total | -62,914 | 81,234 | 5.37 | 2.35 | 144,148 | 7.14 | 3.44 |
| Bytes Technology Group plc | 2,608 | 2,608 | 0.21 | 0.09 | 0 | 0.00 | 0.00 |
| Datatec Ltd. | 3,077 | 10,431 | 0.82 | 0.36 | 7,354 | 0.44 | 0.21 |
| Karooooo Ltd. | 414 | 414 | 0.32 | 0.14 | 0 | 0.00 | 0.00 |
| Naspers Ltd. | 6,228 | 8,441 | 9.32 | 4.08 | 2,213 | 13.95 | 6.72 |
| Prosus NV | 3,172 | 11,109 | 11.37 | 4.97 | 7,937 | 9.72 | 4.68 |
| Software and Computer Services Total | 15,499 | 33,003 | 22.05 | 9.65 | 17,504 | 24.11 | 11.61 |
| MTN Group Ltd. | -13,239 | 13,409 | 2.27 | 0.99 | 26,648 | 3.74 | 1.80 |
| MultiChoice Group Ltd. | -1,599 | 0 | 0.00 | 0.00 | 1,599 | 0.20 | 0.10 |
| Telkom SA SOC Ltd. | 0 | 6,934 | 0.41 | 0.18 | 6,934 | 0.36 | 0.17 |
| Vodacom Group Ltd. | -2,935 | 4,504 | 0.64 | 0.28 | 7,439 | 0.99 | 0.48 |
| Telecommunications Service Providers Total | -17,773 | 24,847 | 3.32 | 1.45 | 42,620 | 5.28 | 2.54 |
| British American Tobacco plc | 1,068 | 5,135 | 4.90 | 2.14 | 4,067 | 3.70 | 1.78 |
| Tobacco Total | 1,068 | 5,135 | 4.90 | 2.14 | 4,067 | 3.70 | 1.78 |
| Famous Brands Ltd. | -1,396 | 4,182 | 0.22 | 0.10 | 5,578 | 0.30 | 0.14 |
| Southern Sun Ltd. | -28,511 | 23,963 | 0.25 | 0.11 | 52,474 | 0.45 | 0.22 |
| Sun International Ltd. | -2,701 | 5,693 | 0.22 | 0.10 | 8,394 | 0.34 | 0.16 |
| Tsogo Sun Ltd. | -29,451 | 0 | 0.00 | 0.00 | 29,451 | 0.19 | 0.09 |
| Travel and Leisure Total | -62,059 | 33,838 | 0.69 | 0.30 | 95,897 | 1.28 | 0.62 |
| Portfolio Total | -454,102 | 1,462,149 | 228.61 | 100.00 | 1,916,251 | 207.56 | 100.00 |