13F-HR 1 piafnl033110.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F - COVER PAGE Report for Calendar Year or Quarter Ended: March 31, 2010 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Philadelphia International Advisors, LP Address: 1650 Market Street Suite 1400 Philadelphia, PA 19103 - 7391 Form 13F File Number: 028-10372 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person signing this Report on behalf of reporting manager: Name: Kent E. Weaver Title: Chief Compliance Officer Phone: 215 - 419 - 6687 Signature, Place, and Date of Signing: /S/ Kent E. Weaver Philadelphia, PA 05/04/2010 [XX] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 00 Form 13F Information Table Entry Total: 123 Form 13F Information Table Value Total: $2,091,786 (thousands) List of Other Included Managers: No. Form 13F File Number: Name:
FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CUSIP (x$1000) PRN AMT PRN DSCRETN MANAGERS SOLE SHARED NONE --------------------------- ---------- --------- -------- ------- --- ------- -------- ------ ------- -------- ALLIANZ AKTIENGESELLSCHAFT ADR ADR 018805101 18712 1489476 SH SOLE 612152 0 877324 ALLIANZ AKTIENGESELLSCHAFT ADR ADR 018805101 20680 1644194 SH OTHER 27420 0 1616774 ANGLO AMERICAN ADR ADR 03485P201 71 3235 SH SOLE 3235 0 0 ASAHI KASEI CORP ADR ADR 043400100 21357 396739 SH SOLE 163051 0 233688 ASAHI KASEI CORP ADR ADR 043400100 18584 345235 SH OTHER 6665 0 338570 ASTRAZENECA PLC ADR SPONSORED ADR 046353108 17857 399312 SH SOLE 168105 0 231207 ASTRAZENECA PLC ADR SPONSORED ADR 046353108 19278 431084 SH OTHER 7560 0 423524 AXA ADR SPONSORED ADR 054536107 17690 793800 SH SOLE 322518 0 471282 AXA ADR SPONSORED ADR 054536107 17839 800422 SH OTHER 13525 0 786897 BAE SYS PLC SPONSORED ADR ADR 05523R107 19747 876534 SH SOLE 362978 0 513556 BAE SYS PLC SPONSORED ADR ADR 05523R107 20732 920234 SH OTHER 8245 0 911989 BANCO SANTANDER CENT HISPANOAD ADR 05964H105 21051 1586354 SH SOLE 668384 0 917970 BANCO SANTANDER CENT HISPANOAD ADR 05964H105 20403 1537564 SH OTHER 25330 0 1512234 BASF AG ADR SPONSORED ADR 055262505 21061 338888 SH SOLE 137955 0 200933 BASF AG ADR SPONSORED ADR 055262505 21499 345482 SH OTHER 5751 0 339731 BHP BILLITON LTD SPONSORED ADR ADR 088606108 18764 233617 SH SOLE 91887 0 141730 BHP BILLITON LTD SPONSORED ADR ADR 088606108 17358 216100 SH OTHER 3795 0 212305 BNP PARIBAS SPON ADR 1/4 SH ADR 05565A202 15799 410710 SH SOLE 172125 0 238585 BNP PARIBAS SPON ADR 1/4 SH ADR 05565A202 28149 731723 SH OTHER 7795 0 723928 BP P L C ADR SPONSORED ADR 055622104 20609 361130 SH SOLE 149535 0 211595 BP P L C ADR SPONSORED ADR 055622104 31565 553096 SH OTHER 6474 0 546622 BRASIL TELECOM S A REP COMMON ADR 10553M200 6021 710945 SH SOLE 535916 0 175029 BRASIL TELECOM S A REP COMMON ADR 10553M200 1306 154199 SH OTHER 1914 0 152285 BRASIL TELECOM SA SPONS ADR PF ADR 10553M101 18546 971502 SH SOLE 704721 0 266781 BRASIL TELECOM SA SPONS ADR PF ADR 10553M101 4086 214034 SH OTHER 2861 0 211173 CARNIVAL ADR COM 14365C103 49 1200 SH SOLE 1200 0 0 CENTRAL JAPAN RY CO UNSPON ADR ADR 153766100 15240 2000016 SH SOLE 853265 0 1146751 CENTRAL JAPAN RY CO UNSPON ADR ADR 153766100 19005 2494163 SH OTHER 39000 0 2455163 CHINA PETE & CHEM CORP ADR SPO ADR 16941R108 297 3612 SH SOLE 501 0 3111 COCA-COLA FEMSA S A DE C V ADR ADR 191241108 208 3132 SH SOLE 485 0 2647 COMP PARANAENSE DE ENERGIA ADR ADR 20441B407 59156 2888482 SH SOLE 2175668 0 712814 COMP PARANAENSE DE ENERGIA ADR ADR 20441B407 12320 601580 SH OTHER 6185 0 595395 COPA HOLDINGS COM P31076105 25189 414300 SH SOLE 377700 0 36600 COPA HOLDINGS COM P31076105 55 900 SH OTHER 0 0 900 DBS GROUP HLDGS LTD ADR SPONSO ADR 23304Y100 21013 513584 SH SOLE 209637 303947 DBS GROUP HLDGS LTD ADR SPONSO ADR 23304Y100 20765 507530 SH OTHER 3950 0 503580 DEUTSCHE LUFTHANSA A G SPONSOR ADR 251561304 18376 1106223 SH SOLE 467235 0 638988 DEUTSCHE LUFTHANSA A G SPONSOR ADR 251561304 18933 1141771 SH OTHER 21000 0 1120771 ENI S P A ADR SPONSORED ADR 26874R108 18034 384257 SH SOLE 162402 0 221855 ENI S P A ADR SPONSORED ADR 26874R108 1061 22594 SH OTHER 7175 0 15419 FOMENTO ECONOMICO MEXICANO SAD ADR 344419106 55953 1177214 SH SOLE 859052 0 318162 FOMENTO ECONOMICO MEXICANO SAD ADR 344419106 20220 425420 SH OTHER 3295 0 422125 FUJITSU LTD ADR 5 COM ADR 359590304 11611 354573 SH SOLE 181483 0 173090 FUJITSU LTD ADR 5 COM ADR 359590304 19337 590462 SH OTHER 9410 0 581052 GLAXOSMITHKLINE PLC ADR SPONSO ADR 37733W105 16209 420798 SH SOLE 176684 0 244114 GLAXOSMITHKLINE PLC ADR SPONSO ADR 37733W105 18980 492739 SH OTHER 8249 0 484490 HANNOVER RUECKVERSICHERUNGS SP ADR 410693105 27092 1095295 SH SOLE 448117 0 647178 HANNOVER RUECKVERSICHERUNGS SP ADR 410693105 32368 1308603 SH OTHER 19715 0 1288888 HUANENG PWR INTL INC ADR SPONS ADR 443304100 13145 565633 SH SOLE 227536 0 338097 HUANENG PWR INTL INC ADR SPONS ADR 443304100 14083 605954 SH OTHER 4490 0 601464 HUTCHISON WHAMPOA LTD ADR ADR 448415208 19055 520954 SH SOLE 216312 0 304642 HUTCHISON WHAMPOA LTD ADR ADR 448415208 20593 563033 SH OTHER 9180 0 553853 ISHARES TR MSCI EMERG MKT COM 464287234 1028 24400 SH SOLE 0 0 24400 KDDI CORP ADR ADR 48667L106 18190 351167 SH SOLE 149380 0 201787 KDDI CORP ADR ADR 48667L106 19114 369005 SH OTHER 6500 0 362505 KONINKLIJKE AHOLD N V SPON ADR ADR 500467402 18037 1350622 SH SOLE 577409 0 773213 KONINKLIJKE AHOLD N V SPON ADR ADR 500467402 21371 1600200 SH OTHER 28780 0 1571420 LAFARGE COPPEE SPONSORED ADR N ADR 505861401 14329 813013 SH SOLE 332942 0 480071 LAFARGE COPPEE SPONSORED ADR N ADR 505861401 14323 812692 SH OTHER 13135 0 799557 MACQUARIE BK LTD ADR ADR 55607P105 9442 217705 SH SOLE 92735 0 124970 MACQUARIE BK LTD ADR ADR 55607P105 11079 255456 SH OTHER 3970 0 251486 MARKS & SPENCER GROUP P L C SP ADR 570912105 15735 1401342 SH SOLE 593529 0 807813 MARKS & SPENCER GROUP P L C SP ADR 570912105 15845 1411212 SH OTHER 28390 0 1382822 MEDIASET S P A SP ADR RP 3 SH ADR 584469407 23492 909951 SH SOLE 378683 0 531268 MEDIASET S P A SP ADR RP 3 SH ADR 584469407 33531 1298752 SH OTHER 15605 0 1283147 MITSUBISHI CORP ADR SPONSRD ADR 606769305 23981 457299 SH SOLE 183317 0 273982 MITSUBISHI CORP ADR SPONSRD ADR 606769305 28610 545572 SH OTHER 7310 0 538262 NATIONAL AUSTRALIA BK LTD ADR ADR 632525408 20925 828399 SH SOLE 332864 0 495535 NATIONAL AUSTRALIA BK LTD ADR ADR 632525408 18550 734373 SH OTHER 14603 0 719770 NETEASE COM INC SPONSORED ADR ADR 64110W102 46549 1310519 SH SOLE 976234 0 334285 NETEASE COM INC SPONSORED ADR ADR 64110W102 18906 532268 SH OTHER 3570 0 528698 NIPPON YUSEN KABUSHIKI KAISHSP ADR 654633304 139 17657 SH SOLE 0 0 17657 NOKIA ADR ADR 654902204 30 1900 SH SOLE 1900 0 0 NOVARTIS AG SPONSORED ADR ADR 66987V109 19029 351740 SH SOLE 150711 0 201029 NOVARTIS AG SPONSORED ADR ADR 66987V109 20340 375955 SH OTHER 6580 0 369375 ORASCOM TELECOM GDR ADR 68554W205 536 104900 SH SOLE 10350 0 94550 ORASCOM TELECOM GDR TEMP ADR 68554W502 2598 508167 SH SOLE 44838 0 463329 PETROLEO BRASILEIRO ADR ADR 71654V408 30746 690915 SH SOLE 598855 0 92060 PETROLEO BRASILEIRO ADR ADR 71654V408 90 2030 SH OTHER 0 0 2030 PRUDENTIAL PLC ADR ADR 74435K204 18089 1090968 SH SOLE 446158 0 644810 PRUDENTIAL PLC ADR ADR 74435K204 21636 1304981 SH OTHER 18800 0 1286181 REED ELSEVIER N V SPONS ADR NE ADR 758204200 17530 722580 SH SOLE 296049 0 426531 REED ELSEVIER N V SPONS ADR NE ADR 758204200 16851 694590 SH OTHER 12603 0 681987 REXAM PLC SP ADR NEW2001 ADR 761655406 17037 766907 SH SOLE 315020 0 451887 REXAM PLC SP ADR NEW2001 ADR 761655406 20982 944459 SH OTHER 13780 0 930679 ROCHE HLDG LTD SPONSORED ADR ADR 771195104 17868 439949 SH SOLE 192235 0 247714 ROCHE HLDG LTD SPONSORED ADR ADR 771195104 20094 494737 SH OTHER 8120 0 486617 ROLLS ROYCE GROUP PLC ADR SPON ADR 775781206 21804 482766 SH SOLE 202717 0 280049 ROLLS ROYCE GROUP PLC ADR SPON ADR 775781206 22182 491114 SH OTHER 3950 0 487164 RWE AG SP ADR ORD DM50 ADR 74975E303 15585 175514 SH SOLE 71963 0 103551 RWE AG SP ADR ORD DM50 ADR 74975E303 17390 195407 SH OTHER 3675 0 191732 SANOFI-SYNTHELABO SPONSORED AD ADR 80105N105 25799 690551 SH SOLE 282956 0 407595 SANOFI-SYNTHELABO SPONSORED AD ADR 80105N105 23505 629130 SH OTHER 11086 0 618044 SECOM LTD ADR ADR 813113206 15549 177617 SH SOLE 75959 0 101658 SECOM LTD ADR ADR 813113206 16523 188736 SH OTHER 3140 0 185596 SHIN ETSU CHEM CO LTD ADR ADR 824551105 16762 288998 SH SOLE 122642 0 166356 SHIN ETSU CHEM CO LTD ADR ADR 824551105 17285 298013 SH OTHER 5095 0 292918 SINA CORP COM G81477104 12573 333600 SH SOLE 298600 0 35000 SINA CORP COM G81477104 7941 210700 SH OTHER 0 0 210700 STATOIL ASA SPONSORED ADR ADR 85771P102 16651 713733 SH SOLE 293762 0 419971 STATOIL ASA SPONSORED ADR ADR 85771P102 1322 56643 SH OTHER 13450 0 43193 TAKEDA PHARMACEUTICAL CO LTDAD ADR 874060106 12554 570134 SH SOLE 237736 0 332398 TAKEDA PHARMACEUTICAL CO LTDAD ADR 874060106 13017 591159 SH OTHER 10570 0 580589 TALISMAN ENERGY INC COM ADR 87425E103 21987 1288766 SH SOLE 530149 0 758617 TALISMAN ENERGY INC COM ADR 87425E103 25904 1518399 SH OTHER 22680 0 1495719 TELEFONICA S A ADR SPONSORED ADR 879382208 12136 170683 SH SOLE 72543 0 98140 TELEFONICA S A ADR SPONSORED ADR 879382208 12637 177741 SH OTHER 3885 0 173856 TELENOR ASA SPONSORED ADR ADR 87944W105 19160 470346 SH SOLE 193645 0 276701 TELENOR ASA SPONSORED ADR ADR 87944W105 20172 495181 SH OTHER 8128 0 487053 TNT ADR ADR 892339102 71 2457 SH SOLE 2457 0 0 TNT N V SPON ADR ADR 87260W101 24386 852672 SH SOLE 440599 0 412073 TNT N V SPON ADR ADR 87260W101 19647 683983 SH OTHER 12249 0 671734 TOTAL S A ADR SPONS ADR 89151E109 17099 294704 SH SOLE 119038 0 175666 TOTAL S A ADR SPONS ADR 89151E109 1310 22574 SH OTHER 5630 0 16944 TREND MICRO INC SPONS ADR NEW ADR 89486M206 8961 256843 SH SOLE 93479 0 163364 TREND MICRO INC SPONS ADR NEW ADR 89486M206 8732 250280 SH OTHER 1130 0 249150 USIMINAS USI SD MG SPON ADR RE ADR 917302200 29000 846027 SH SOLE 675774 0 170253 USIMINAS USI SD MG SPON ADR RE ADR 917302200 5968 173967 SH OTHER 1760 0 172207 VIVENDI SA SPONSORED ADR ADR 92852T102 13433 501022 SH SOLE 211918 0 289104 VIVENDI SA SPONSORED ADR ADR 92852T102 13233 493550 SH OTHER 11161 0 482389 VODAFONE GROUP ADR ADR 92857W209 42 1800 SH SOLE 1800 0 0 ZURICH FINL SVCS ADR SPONSORED ADR 98982M107 23780 926018 SH SOLE 379716 0 546302 ZURICH FINL SVCS ADR SPONSORED ADR 98982M107 23948 932534 SH OTHER 15717 0 916817