-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U8hkIZNCe3JAbo0X+QNioypxA0hQZOsisOb3nEuPmcwWFORAD+KPPJfTehom6kNv UkgSnoOR3M2UFE8E5TFzmw== 0000935069-05-000255.txt : 20050218 0000935069-05-000255.hdr.sgml : 20050218 20050218113259 ACCESSION NUMBER: 0000935069-05-000255 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20041231 FILED AS OF DATE: 20050218 DATE AS OF CHANGE: 20050218 EFFECTIVENESS DATE: 20050218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEI INSTITUTIONAL INTERNATIONAL TRUST CENTRAL INDEX KEY: 0000835597 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-05601 FILM NUMBER: 05626260 BUSINESS ADDRESS: STREET 1: SEI INVESTMENTS ATTN: CAREN ROSCH STREET 2: 1FREEDOM CIRCLE DRIVE CITY: OAKS STATE: PA ZIP: 19456 BUSINESS PHONE: 610 676-3204 MAIL ADDRESS: STREET 1: SEI INVESTMENTS ATTN: CAREN ROSCH STREET 2: 1FREEDOM CIRCLE DRIVE CITY: OAKS STATE: PA ZIP: 19456 FORMER COMPANY: FORMER CONFORMED NAME: SEI INTERNATIONAL TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SEI WEALTH MANAGEMENT TRUST DATE OF NAME CHANGE: 19900129 N-Q 1 siitnqcomb12_04.txt SEI INST. INT'L TRUST N-Q 12_04 COMBINED UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------- FORM N-Q -------- QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY INVESTMENT COMPANY ACT FILE NUMBER 811-5601 SEI Institutional International Trust (Exact name of registrant as specified in charter) -------- c/o CT Corporation 101 Federal Street Boston, MA 02110 (Address of principal executive offices) (Zip code) SEI Investments One Freedom Valley Drive Oaks, PA 19456 (Name and address of agent for service) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 1-800-342-5734 DATE OF FISCAL YEAR END: SEPTEMBER 30, 2005 DATE OF REPORTING PERIOD: DECEMBER 31, 2004 ITEM 1. SCHEDULE OF INVESTMENTS ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund December 31, 2004 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ COMMON STOCK -- 96.6% AUSTRALIA -- 2.8% Alumina 282,900 $ 1,317 Amcor 241,700 1,393 Australia & New Zealand Banking Group 181,281 2,926 BHP Billiton 1,978,900 23,796 BlueScope Steel 225,000 1,455 Brambles Industries 166,105 905 Foster's Group 314,425 1,427 Insurance Australia Group 335,081 1,689 National Australia Bank 667,966 15,091 Newcrest Mining 689,170 9,427 Promina Group 365,800 1,549 QBE Insurance Group 933,565 11,234 Rinker Group 270,379 2,257 Telstra 1,807,305 6,956 Wesfarmers 53,500 1,669 Woolworths 149,500 1,759 ____________ 84,850 ____________ AUSTRIA -- 0.6% Erste Bank der Oesterreichischen Sparkassen 44,800 2,393 OMV 36,200 5,454 Telekom Austria 540,944 10,257 ____________ 18,104 ____________ BELGIUM -- 0.9% Belgacom 16,500 713 Delhaize Group 76,500 5,818 Fortis* 179,045 4,957 InBev 256,500 9,951 KBC Bancassurance Holding 55,700 4,278 UCB 26,521 1,348 ____________ 27,065 ____________ BRAZIL -- 0.2% Cia de Saneamento Basico do Estado de Sao Paulo 12,120,000 718 Cia Vale do Rio Doce ADR* 108,000 3,133 Gerdau ADR* 61,500 1,107 Uniao de Bancos Brasileiros GDR 45,700 1,450 ____________ 6,408 ____________ CANADA -- 2.1% Abitibi-Consolidated (A) 177,600 1,224 Alcan (A) 210,800 10,345 ATI Technologies* 197,100 3,822 Bank of Nova Scotia (A) 213,600 7,256 Cameco (A) 72,900 2,553 Great-West Lifeco (A) 57,400 1,279 Inco 86,700 3,189 Manulife Financial (A) 112,100 5,183 PetroKazakhstan 151,300 5,613 Potash Sask 38,500 3,205 Research In Motion* 67,300 5,547 Royal Bank of Canada (A) 94,627 5,074 TELUS 84,800 2,459 Thomson (A) 196,600 6,936 ____________ 63,685 ____________ ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ CHINA -- 0.2% China Petroleum & Chemical 2,176,000 $ 896 China Telecom 15,044,000 5,516 ____________ 6,412 ____________ DENMARK -- 0.5% Danske Bank (A) 110,300 3,381 Novo-Nordisk* 187,000 10,217 TDC* 60,000 2,541 ____________ 16,139 ____________ FINLAND -- 0.3% Kesko (A)* 48,600 1,186 Nokia* 538,503 8,505 UPM-Kymmene (A)* 50,100 1,114 ____________ 10,805 ____________ FRANCE -- 10.0% Accor (A) 59,800 2,618 Air Liquide (A) 30,015 5,549 Assurances Generales de France (A) 231,700 17,306 AXA 694,400 17,159 BNP Paribas 240,403 17,417 Bouygues (A) 393,900 18,204 Carrefour 29,600 1,410 Cie Generale D'Optique Essilor International (A) 34,200 2,680 Credit Agricole (A) 76,363 2,304 Dassault Systemes (A) 230,000 11,599 France Telecom 1,052,071 34,836 Groupe Danone 206,800 19,100 L'Oreal 34,700 2,634 Lagardere S.C.A. (A) 147,250 10,628 Publicis Groupe (A) 245,800 7,968 Renault 159,394 13,335 Sanofi-Aventis 610,034 48,758 Schneider Electric 59,200 4,120 Societe Generale 124,868 12,636 Total (A) 182,400 39,842 Vinci (A) 70,200 9,427 Vivendi Universal* 295,200 9,425 ____________ 308,955 ____________ GERMANY -- 7.0% Allianz 35,900 4,763 BASF 200,200 14,422 Bayer (A) 129,395 4,386 Bayerische Hypo-und Vereinsbank* 752,600 17,084 Bayerische Motoren Werke 170,830 7,709 Celesio 63,500 5,165 Continental 136,400 8,664 DaimlerChrysler 282,600 13,544 Deutsche Bank 27,800 2,468 Deutsche Boerse 46,300 2,787 Deutsche Telekom (A)* 798,023 18,061 E.ON 106,600 9,717 HeidelbergCement 42,300 2,547 Hypo Real Estate Holding* 77,150 3,198 Infineon Technologies* 819,486 8,889 Linde 65,349 4,091 MAN (A) 98,000 3,775 Merck KGaA 47,200 3,248 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund December 31, 2004 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ Metro 173,100 $ 9,527 Muenchener Rueckversicherungs (A) 62,421 7,674 SAP 58,800 10,502 SAP ADR 4,900 217 Siemens 526,009 44,600 ThyssenKrupp (A) 79,000 1,740 TUI (A) 86,500 2,048 Volkswagen (A) 82,600 3,744 ____________ 214,570 ____________ HONG KONG -- 0.7% China Mobile 2,108,000 7,146 CNOOC 9,723,500 5,223 Esprit Holdings 274,000 1,657 Hang Lung Properties (A) 1,264,000 1,951 Hang Seng Bank (A) 97,600 1,356 Li & Fung 1,400,000 2,360 Swire Pacific, Cl A 151,300 1,265 ____________ 20,958 ____________ HUNGARY -- 0.1% Mol Magyar Olaj - es Gazipari 39,300 2,764 ____________ INDIA -- 0.1% ICICI Bank 180,000 1,535 Infosys Technologies ADR* 24,200 1,677 Punjab National Bank 90,000 840 ____________ 4,052 ____________ IRELAND -- 0.9% Anglo Irish Bank 459,000 11,168 CRH 132,057 3,536 Depfa Bank 237,000 3,978 Elan ADR* 285,000 7,767 ____________ 26,449 ____________ ISRAEL -- 0.0% Bank Hapoalim 445,000 1,501 ____________ ITALY -- 3.4% Banca Popolare di Milano 482,900 4,280 Enel 1,574,900 15,477 ENI-Ente Nazionale Idrocarburi 1,388,881 34,774 Sanpaolo IMI 954,500 13,752 Telecom Italia 1,859,710 7,609 Telecom Italia RNC 4,817,101 15,649 UniCredito Italiano 2,193,545 12,612 ____________ 104,153 ____________ JAPAN -- 21.5% Advantest (A) 34,900 2,994 Aeon 328,800 5,487 Aiful 46,350 5,098 Asatsu-DK 69,300 1,951 Bank of Yokohama 881,000 5,554 Bridgestone 23,000 458 Canon 724,282 39,087 Central Japan Railway 142 1,160 Chubu Electric Power 37,700 905 Dai Nippon Printing 931,000 14,937 Daito Trust Construction (A) 45,600 2,167 Daiwa House Industry 195,000 2,217 Daiwa Securities Group 142,000 1,025 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ eAccess (A)* 5,770 $ 5,096 East Japan Railway 976 5,429 Fanuc 56,500 3,694 Fast Retailing 49,700 3,783 Fuji Photo Film 427,100 15,589 Fuji Television Network 734 1,590 Furukawa Electric (A)* 260,000 1,441 Hirose Electric 47,100 5,507 Hitachi (A) 3,616,900 25,061 Honda Motor (A) 150,200 7,783 Hoya 17,000 1,920 Index (A) 1,770 4,871 Isetan 237,700 2,772 Ito-Yokado 278,000 11,666 Itochu* 765,000 3,539 Japan Airlines System (A)* 261,000 757 Japan Tobacco 448 5,115 JFE Holdings (A) 415,300 11,855 Kansai Electric Power 700,600 14,221 Kao 456,000 11,659 Kobe Steel 730,000 1,119 Komatsu 2,851,000 19,949 Konica Minolta Holdings 206,000 2,734 Kyocera (A) 246,900 19,011 Lawson 114,500 4,224 Matsushita Electric Industrial 1,156,000 18,344 Millea Holdings 1,691 25,084 Mitsubishi (A) 285,200 3,685 Mitsubishi Estate (A) 1,060,900 12,424 Mitsubishi Heavy Industries 445,000 1,264 Mitsubishi Tokyo Financial Group (A) 1,940 19,690 Mitsui 173,000 1,552 Mitsui Fudosan 264,000 3,208 Mitsui OSK Lines 1,195,000 7,172 Mitsui Sumitomo Insurance 835,000 7,252 Murata Manufacturing 37,900 2,119 NEC (A) 1,219,000 7,578 Nidec (A) 19,200 2,340 Nikko Cordial 349,000 1,849 Nikon (A) 150,000 1,853 Nintendo 20,900 2,625 Nippon Electric Glass 82,000 2,097 Nippon Meat Packers 226,000 3,063 Nippon Telegraph & Telephone 1,263 5,670 Nissan Motor (A) 2,280,800 24,796 Nitto Denko 36,400 1,996 Nomura Holdings 530,000 7,727 NTT DoCoMo 2,106 3,884 OJI Paper 76,000 436 Oriental Land 149,600 10,395 ORIX (A) 173,200 23,528 Osaka Gas 1,324,000 4,135 Promise 94,550 6,754 Ricoh 81,000 1,563 Rohm 93,100 9,631 Sankyo 189,400 4,279 Sega Sammy Holdings (A)* 42,700 2,346 Sekisui House 255,000 2,971 Shimamura 17,300 1,263 Shionogi 193,000 2,669 SMC 29,400 3,366 Softbank (A) 29,100 1,417 Sompo Japan Insurance 147,000 1,498 Sony (A) 472,600 18,264 Sumitomo (A) 490,000 4,227 Sumitomo Chemical 531,000 2,601 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund December 31, 2004 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ Sumitomo Forestry 204,000 $ 2,049 Sumitomo Heavy Industries* 358,000 1,331 Sumitomo Mitsui Financial Group (A) 3,647 26,515 Suzuki Motor (A) 250,000 4,567 Takeda Pharmaceutical 63,900 3,218 Tanabe Seiyaku 119,000 1,226 TDK 18,400 1,363 Tokyo Electric Power 168,000 4,123 Tokyo Electron 84,800 5,222 Tokyo Gas (A) 2,485,000 10,185 Toyota Motor 490,000 19,940 Trend Micro 152,700 8,241 UFJ Holdings* 2,572 15,587 Uni-Charm 31,500 1,509 Yahoo Japan (A)* 276 1,325 Yamada Denki (A) 48,600 2,082 Yamanouchi Pharmaceutical 226,600 8,823 Yamato Transport (A) 257,800 3,824 ____________ 663,170 ____________ LUXEMBOURG -- 0.4% Arcelor* 368,000 8,488 SES GLOBAL FDR 291,700 3,767 ____________ 12,255 ____________ MEXICO -- 0.4% America Movil, Ser L ADR 231,300 12,109 Telefonos de Mexico, Ser L ADR 41,000 1,571 ____________ 13,680 ____________ NETHERLANDS -- 6.9% ABN AMRO Holding 1,456,554 38,587 Aegon 586,830 8,000 Akzo Nobel 180,724 7,709 ASML Holding (A)* 76,273 1,224 CSM 118,643 3,696 Heineken 167,681 5,591 Heineken Holding, Cl A 111,562 3,374 ING Groep 1,055,205 31,927 Koninklijke Philips Electronics 53,600 1,421 Reed Elsevier 32,800 447 Royal Dutch Petroleum 916,054 52,732 Royal Dutch Petroleum (New York Shares) 28,000 1,607 Royal KPN 1,448,312 13,761 Royal Numico 66,600 2,402 TPG 392,500 10,659 Unilever (A) 364,072 24,412 VNU 129,467 3,824 ____________ 211,373 ____________ NEW ZEALAND -- 0.4% Telecom 2,608,560 11,588 ____________ NORWAY -- 1.3% DNB 200,000 1,973 Norsk Hydro (A) 236,700 18,642 Norske Skogindustrier (A) 34,600 748 Statoil 518,400 8,131 Tandberg (A) 703,500 8,741 Yara International* 41,300 544 ____________ 38,779 ____________ ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ PORTUGAL -- 0.3% Portugal Telecom 659,900 $ 8,162 ____________ SINGAPORE -- 0.5% Flextronics International* 257,000 3,551 Singapore Telecommunications (A) 7,801,862 11,375 United Overseas Bank 154,000 1,302 ____________ 16,228 ____________ SOUTH AFRICA -- 0.4% ABSA Group 188,100 2,537 Sanlam 828,200 1,911 Sasol 322,200 6,920 Telkom 60,230 1,048 ____________ 12,416 ____________ SOUTH KOREA -- 1.1% Honam Petrochemical 12,100 565 Hyundai Motor 34,600 1,855 Industrial Bank of Korea 88,000 617 INI Steel 74,000 965 Kookmin Bank* 18,900 739 Nong Shim 2,600 627 POSCO 8,800 1,590 Samsung Electronics 5,720 2,489 Samsung Electronics GDR (A) (2) 107,477 23,538 ____________ 32,985 ____________ SPAIN -- 4.4% ACS Actividades (A) 414,400 9,463 Altadis (A) 55,600 2,547 Banco Bilbao Vizcaya Argentaria (A) 1,163,500 20,638 Banco Santander Central Hispano (A) 1,657,200 20,566 Endesa (A) 44,500 1,046 Iberdrola (A) 70,500 1,792 Inditex 168,472 4,969 Repsol (A) 820,600 21,371 Sogecable (A)* 185,700 8,244 Telefonica 2,425,429 45,693 ____________ 136,329 ____________ SWEDEN -- 1.7% ForeningsSparbanken 500 12 Nordea (A) 635,176 6,404 SKF, Cl B (A) 100,796 4,490 Svenska Cellulosa, Cl B (A) 122,000 5,205 Telefonaktiebolaget LM Ericsson (A)* 1,280,000 4,083 Telefonaktiebolaget LM Ericsson ADR* 384,700 12,114 Volvo, Cl B (A) 495,000 19,628 ____________ 51,936 ____________ SWITZERLAND -- 7.7% Adecco (A) 26,691 1,344 Compagnie Financiere Richemont, Cl A 285,097 9,490 Credit Suisse Group (A)* 433,064 18,205 Holcim 301,136 18,141 Micronas Semiconductor Holdings (A)* 14,400 706 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund December 31, 2004 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ Nestle 142,686 $ 37,331 Novartis 1,024,897 51,646 Roche Holding 167,268 19,255 Serono, Cl B (A) 2,260 1,489 STMicroelectronics 123,700 2,413 Swiss Reinsurance 117,664 8,392 Swisscom (A) 21,649 8,529 Syngenta 39,058 4,149 Synthes (A)* 16,900 1,895 UBS 537,130 45,040 Xstrata 440,000 7,873 ____________ 235,898 ____________ TAIWAN -- 0.4% Chunghwa Telecom ADR 248,817 5,238 Compal Electronics 1,200,000 1,200 HON HAI Precision Industry GDR (A) 163,300 1,540 Taiwan Semiconductor Manufacturing 976,100 1,532 Taiwan Semiconductor Manufacturing ADR (A) 441,498 3,748 ____________ 13,489 ____________ THAILAND -- 0.0% PTT 199,200 887 ____________ TURKEY -- 0.0% Ford Otomotiv Sanayi 125,661,200 997 ____________ UNITED KINGDOM -- 19.4% Allied Domecq 1,519,566 14,966 ARM Holdings 329,600 699 AstraZeneca 195,365 7,085 AstraZeneca (SEK) 300,986 10,938 Aviva 487,223 5,874 BAA 240,839 2,700 BAE Systems 110,249 488 Barclays 3,194,072 35,935 BG Group 621,400 4,223 BHP Billiton 1,786,833 20,943 BOC Group 501,211 9,560 BP 4,896,828 47,759 Brambles Industries 169,900 849 British American Tobacco 1,013,202 17,459 BT Group 1,998,500 7,789 Bunzl 496,705 4,143 Cadbury Schweppes 3,067,827 28,566 Carnival 137,700 8,402 Centrica 570,960 2,590 Diageo 354,900 5,063 DX Services* 158,211 1,112 GlaxoSmithKline 1,388,635 32,579 GUS 789,231 14,221 Hays 3,164,236 7,548 HBOS 818,100 13,319 HSBC Holdings 1,512,801 25,530 Imperial Tobacco Group 724,275 19,843 Intercontinental Hotels Group 226,875 2,820 ITV 1,696,212 3,428 J Sainsbury* 600,500 3,119 Mitchells & Butlers 297,600 1,943 mmO2* 3,667,800 8,644 National Grid Transco 2,279,037 21,703 Pearson 633,600 7,645 Persimmon 259,100 3,437 ________________________________________________________________ Shares/Face Amount Market Value Description ($ Thousands) ($ Thousands) ________________________________________________________________ Prudential 1,110,822 $ 9,661 Punch Taverns 266,800 3,537 Reckitt Benckiser 766,088 23,151 Reed Elsevier 2,024,256 18,674 Rentokil Initial 1,216,219 3,450 Rio Tinto 418,200 12,309 RMC Group 314,700 5,130 Rolls-Royce Group* 1,085,345 5,147 Rolls-Royce Group, Cl B* 37,724,117 74 Royal & Sun Alliance Insurance Group 1,000,000 1,488 Royal Bank of Scotland Group 546,195 18,372 Shell Transport & Trading 573,400 4,888 Signet Group* 3,811,400 8,049 Smiths Group 120,640 1,904 Standard Chartered 271,500 5,048 Taylor Woodrow 190,000 992 Trinity Mirror 115,500 1,410 Unilever 680,900 6,687 Vodafone Group 19,049,315 51,659 Whitbread 249,000 4,047 Wimpey George 404,100 3,138 Wolseley 260,024 4,860 ____________ 596,597 ____________ Total Common Stock 2,973,639 (Cost $2,339,620) ($ Thousands) ____________ CORPORATE OBLIGATIONS (B)(C) -- 9.8% United States -- 9.8% Dorada Capital 2.390%, 01/31/05 $ 25,000 25,002 K2 Funding 2.055%, 06/01/05 30,000 30,000 Lakeside Funding 2.400%, 01/10/05 30,000 30,000 Leek Finance, Ser 14A, Cl A1 2.413%, 12/21/05 24,255 24,255 Liberty Lighthouse 2.540%, 05/13/05 15,000 15,009 Links Finance 2.075%, 06/07/05 30,000 29,997 Orchard Structured Finance CDO, Ser 2003-1A, Cl A1MM 2.410%, 11/18/38 27,616 27,616 Park Place Securities NIM Trust, Ser 2004-MM1, Cl AMM1 2.468%, 01/25/35 20,000 20,000 Sigma Finance 2.050%, 06/03/05 25,000 25,000 Tango Financial 1.085%, 05/06/05 30,000 30,000 Wachovia Asset Securitization, Ser 2004-HM1A, Cl A 2.398%, 11/25/34 20,000 20,000 Whistlejacket Capital 2.055%, 05/16/05 25,000 25,000 ____________ Total Corporate Obligations 301,879 (Cost $301,879) ($ Thousands) ____________ - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund December 31, 2004 ________________________________________________________________ Shares/Face Amount Market Value Description ($ Thousands) ($ Thousands) ________________________________________________________________ COMMERCIAL PAPER (B)(D) -- 3.2% UNITED STATES -- 3.2% Ajax Bambino Funding 2.400%, 01/24/05 $ 25,000 $ 24,962 Bavaria TRR 2.330%, 01/14/05 25,000 24,979 Freedom Park Capital 2.330%, 01/05/05 25,000 24,994 Main Street Warehouse Funding 2.410%, 01/07/05 25,000 24,990 ____________ Total Commercial Paper 99,925 (Cost $99,925) ($ Thousands) ____________ PREFERRED STOCK -- 0.5% AUSTRALIA -- 0.1% News* 76,210 1,422 ____________ BRAZIL -- 0.2% Cia Vale do Rio Doce ADR 49,200 1,200 Petroleo Brasileiro 59,000 2,158 Suzano Bahia Sul Papel e Celulose* 126,000 651 Usinas Siderurgicas de Minas Gerais* 38,500 782 ____________ 4,791 ____________ GERMANY -- 0.2% Porsche 11,390 7,268 ____________ Total Preferred Stock 13,481 (Cost $10,327) ($ Thousands) ____________ CONVERTIBLE BONDS -- 0.2% Cayman Islands -- 0.2% SMFG Finance 2.250%, 07/11/05 249,000 5,791 ____________ SWITZERLAND -- 0.0% Credit Suisse Group 6.000%, 12/23/05 186 223 ____________ Total Convertible Bonds 6,014 (Cost $2,625) ($ Thousands) ____________ U.S. TREASURY OBLIGATION -- 0.1% UNITED STATES -- 0.1% U.S. Treasury Bills (1) 1.755%, 02/24/05 2,752 2,744 ____________ Total U.S. Treasury Obligation 2,744 (Cost $2,746) ($ Thousands) ____________ CASH EQUIVALENTS -- 3.8% Barclays Global Investors Funds, Prime Money Market Fund (B) 49,270,287 49,270 Morgan Stanley Liquidity Prime #3 Fund (B) 100,000 100 One Group Institutional Prime Money Market Fund (B) 100,470 100 SEI Daily Income Trust, Prime Obligation Fund, Cl A (E) 46,944,012 46,944 ________________________________________________________________ Shares/Face Amount Market Value Description ($ Thousands) ($ Thousands) ________________________________________________________________ The Reserve Funds, Primary Fund, Cl 8 (B) 20,865,849 $ 20,866 ____________ Total Cash Equivalents 117,280 (Cost $117,280) ($ Thousands) ____________ REPURCHASE AGREEMENTS (B) -- 3.7% Barclays Capital 2.150%, dated 12/31/04, to be repurchased on 01/03/05, repurchase price $15,002,688 (collateralized by various FNMA Obligations, ranging in par value $562,000-$14,744,000, 2.161%-3.250%, 01/10/05- 01/15/08; with total market value $15,300,658) $ 15,000 15,000 Deutsche Bank 2.150%, dated 12/31/04, to be repurchased on 01/03/05, repurchase price $25,004,479 (collateralized by a FNMA obligation, par value $25,746,000, 2.571%, 05/15/05; with total market value $25,500,126) 25,000 25,000 Lehman Brothers 2.280%, dated 12/31/04, to be repurchased on 01/03/05, repurchase price $75,014,250 (collateralized by various FNMA obligations, ranging in par value $1,525,000- $3,638,438, 5.000%-12.500%, 12/01/07-11/01/34; with total market value $76,500,310) 75,000 75,000 ____________ Total Repurchase Agreements 115,000 (Cost $115,000) ($ Thousands) ____________ TOTAL INVESTMENTS -- 117.9% (Cost $2,989,402)+ ($ Thousands) $ 3,629,962 ============ Percentages are based on Net Assets of $3,077,690,355. * Non-Income Producing Security (1) Securities pledged as collateral on open futures contracts. The rate reported is the effective yield at the time of purchase. (2) Security sold with terms of a private placement memorandum, exempt from registration under Section144a of the Securites Act of 1933. As of December 31, 2004, the total value of this security was $23,537,463, representing 0.76% of net assets. (A) This security or a partial position of this security is on loan at December 31, 2004. The total value of securities on loan at December 31, 2004 was $559,503,489 . (B) This security was purchased with cash collateral held from securities lending. The total value of such securities as of December 31, 2004 was $587,140,339. (C) Floating Rate Security -- the rate reflected on the Schedule of Investments is the rate in effect on December 31, 2004. (D) The rate reported is the effective yield at time of purchase. - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund December 31, 2004 ________________________________________________________________ Description ________________________________________________________________ (E) Pursuant to an exemptive order issued by the Securities and Exchange Commission, the Fund may invest in the SEI money market funds, provided that investments in the SEI money market funds do not exceed 25 % of the investing Fund's total assets. ADR -- American Depository Receipt Cl -- Class FDR -- Fiduciary Depositary Receipt FNMA -- Federal National Mortgage Association GDR -- Global Depositary Receipt NY -- New York SEK -- Swedish Krona ________________________________________________________________ Description ________________________________________________________________ Ser -- Series + At December 31, 2004, the tax basis cost of the Fund's investments was $2,989,402,020 , and the unrealized appreciation and depreciation were $689,696,221 and $(49,136,278), respectively. For information regarding the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual and annual financial statements. The Fund had future contracts open as of December 31, 2004:
- ------------------------------------------------------------------------------------- Unrealized Contract Number of Contract Expiration Appreciation/ Value Date (Depreciation) Description Contracts ($ Thousands) ($ Thousands) - ------------------------------------------------------------------------------------- DJ Euro Stoxx Long 536 $ 21,478 March 2005 $ 164 FT-SE 100 Index Long 186 17,132 March 2005 207 Hang Seng Index Long 13 1,189 January 2005 (6) SPI 200 Index Long 58 4,610 March 2005 74 Topix Index Long 127 14,222 March 2005 443 --------------- $ 882 ===============
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Equity Fund December 31, 2004 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ COMMON STOCK -- 91.7% ARGENTINA -- 0.4% IRSA Inversiones y Representaciones GDR (C)* 309,500 $ 3,482 Telecom Argentina ADR* 51,800 568 Telecom Argentina, Ser B ADR* 23,000 252 ____________ 4,302 ____________ BRAZIL -- 5.8% Aracruz Celulose ADR 24,443 922 Banco Bradesco ADR (C) 28,500 714 Banco do Brasil 58,495 716 Banco do Brasil ADR* 13,911 162 Banco Itau Holding Financeira ADR (C) 28,200 2,120 Brasil Telecom Participacoes ADR 64,700 2,468 Braskem ADR 34,000 1,733 Cia Brasileira de Distribuicao Grupo Pao de Acucar ADR 180,034 4,609 Cia de Saneamento Basico do Estado de Sao Paulo 79,757,155 4,728 Cia de Saneamento Basico do Estado de Sao Paulo ADR 92,070 1,378 Cia Energetica de Minas Gerais ADR 115,700 2,839 Cia Siderurgica Nacional ADR 49,000 937 Cia Vale do Rio Doce ADR 433,569 10,951 CPFL Energia ADR* 25,000 497 Diagnosticos da America* 34,300 309 Diagnosticos da America ADR* 14,000 378 Empresa Brasileira de Aeronautica ADR (C) 84,820 2,836 Grendene* 121,775 1,444 Natura Cosmeticos 19,700 575 Petroleo Brasileiro ADR (C) 470,089 18,700 Tele Norte Leste Participacoes ADR 141,935 2,394 Telecomunicacoes Brasileiras ADR 51,360 1,653 Telesp Celular Participacoes ADR 35,636 242 Tim Participacoes ADR (C) 203,179 3,133 Uniao de Bancos Brasileiros GDR 31,300 993 ____________ 67,431 ____________ CHILE -- 1.1% Banco Santander Chile ADR 120,400 4,077 Cia Cervecerias Unidas ADR (C) 7,677 194 CorpBanca 336,769,165 1,933 Empresa Nacional de Electricidad ADR (C) 88,300 1,610 Empresas CMPC 11,100 263 Enersis* 13,413,332 2,257 Enersis ADR* 223,122 1,899 ____________ 12,233 ____________ CHINA -- 2.4% Air China* 980,000 378 Aluminum Corp of China (C) 1,252,000 741 Byd (C) 476,000 1,262 China Oilfield Services 1,964,000 600 China Petroleum & Chemical 17,117,500 7,047 China Shipping Development 990,000 879 China Telecom 13,762,800 5,046 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ Datang International Power Generation (C) 2,893,000 $ 2,177 Huadian Power International (C) 6,149,400 1,820 PICC Property & Casualty (C) 4,235,000 1,471 Ping An Insurance Group (C) 1,012,000 1,719 Qingling Motors (C) 3,825,200 586 Sinopec Yizheng Chemical Fibre (C) 5,055,600 1,073 Sinotrans (C) 2,896,000 848 Yanzhou Coal Mining 1,162,000 1,659 ZTE 140,000 453 ____________ 27,759 ____________ COLOMBIA -- 0.2% BanColombia ADR 126,000 1,779 ____________ CROATIA -- 0.1% Pliva D.D. GDR (A) (C) 98,800 1,235 ____________ CZECH REPUBLIC -- 0.4% Cesky Telecom GDR 91,934 1,517 Komercni Banka 19,227 2,817 ____________ 4,334 ____________ EGYPT -- 0.9% Commercial International Bank GDR (A) 226,200 1,436 Mobinil-Egyptian Mobile Services 30,316 649 Orascom Construction Industries 332,099 3,965 Orascom Telecom* 10,300 433 Orascom Telecom GDR* 126,800 2,678 Suez Cement GDR (A) 89,448 1,178 ____________ 10,339 ____________ HONG KONG -- 2.8% ASM Pacific Technology (C) 377,000 1,358 Beijing Enterprises Holdings 292,000 434 Brilliance China Automotive Holdings (C) 2,649,000 518 China Mengniu Dairy (C)* 1,368,000 1,074 China Merchants Holdings International 821,000 1,548 China Mobile 3,331,300 11,293 China Netcom Group* 2,282,500 3,098 China Resources Enterprise 1,978,300 3,093 CNOOC 3,199,000 1,718 Denway Motors 2,128,900 760 Giordano International 2,680,000 1,681 GOME Electrical Appliances Holdings* 464,000 421 Shanghai Industrial Holdings 1,436,600 3,068 Weiqiao Textile Company Limited* 377,000 594 Yue Yuen Industrial Holdings (C) 596,500 1,642 ____________ 32,300 ____________ HUNGARY -- 1.8% Borsodchem 89,300 914 Gedeon Richter (C) 28,688 3,603 Matav 1,196,251 5,726 Mol Magyar Olaj - es Gazipari 57,792 4,065 OTP Bank 163,701 5,045 OTP Bank GDR (C) 28,085 1,713 ____________ 21,066 ____________ - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Equity Fund December 31, 2004 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ INDIA -- 7.4% Bharat Heavy Electricals 68,672 $ 1,216 Bharat Petroleum 236,800 2,500 Bharti Televentures* 567,064 2,812 Dr. Reddy's Laboratories 24,907 496 Dr. Reddy's Laboratories ADR (C) 120,400 2,388 GAIL India 356,232 1,891 GAIL India GDR (A) 50,400 1,605 Grasim Industries 135,636 4,126 HDFC Bank 47,067 562 Hindalco Industries 110,333 3,621 Hindalco Industries GDR (A) 108,800 3,583 Hindustan Lever 639,108 2,110 Hindustan Petroleum 313,600 2,889 Housing Development Finance 67,952 1,198 ICICI Bank 220,358 1,879 ICICI Bank ADR 77,525 1,562 Indian Overseas Bank 2,184,683 3,915 Infosys Technologies 175,110 8,415 ITC 69,708 2,100 ITC GDR (A) 47,900 1,443 Larsen & Toubro 56,407 1,274 Mahanagar Telephone Nigam 1,017,160 3,625 Mahanagar Telephone Nigam ADR 63,650 508 NIIT 51,496 213 NIIT Technologies 77,244 268 Oil & Natural Gas 471,487 8,893 Ranbaxy Laboratories 79,685 2,294 Reliance Industries 399,445 4,905 Reliance Industries GDR (A) (C) 175,438 4,495 State Bank of India GDR (A) (C) 80,300 2,931 Tata Consultancy Services 78,391 2,408 Tata Motors 230,674 2,681 Ultra Tech Cement 54,530 427 ____________ 85,233 ____________ INDONESIA -- 2.4% Astra Agro Lestari 961,000 321 Astra International 1,516,500 1,568 Bank Mandiri Persero 4,993,900 1,036 Bank Rakyat Indonesia 8,839,800 2,738 Gudang Garam 2,492,800 3,639 HM Sampoerna 7,899,000 5,659 Indofood Sukses Makmur 18,746,200 1,616 Indonesian Satellite 2,365,700 1,465 Telekomunikasi Indonesia 18,512,900 9,623 Telekomunikasi Indonesia ADR 3,400 71 ____________ 27,736 ____________ ISRAEL -- 2.6% Bank Hapoalim 2,092,515 7,057 Check Point Software Technologies* 98,800 2,433 Koor Industries* 1 -- Lipman Electronic Engineering 44,400 1,239 Makhteshim-Agan Industries (C) 709,768 3,815 Super-Sol 396,550 989 Teva Pharmaceutical Industries 23,244 692 Teva Pharmaceutical Industries ADR (C) 465,192 13,891 ____________ 30,116 ____________ MALAYSIA -- 4.0% Astro All Asia Networks* 404,600 575 Berjaya Sports Toto 394,300 421 Gamuda 2,236,200 3,119 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ Genting 917,900 $ 4,590 Hong Leong Bank 747,400 1,082 IOI 656,900 1,642 Kuala Lumpur Kepong 482,000 875 Magnum Corp 959,800 611 Malakoff 2,409,700 4,566 Malayan Banking 367,400 1,141 Malaysia International Shipping 235,200 947 Malaysia International Shipping (Foreign Market) 587,200 2,364 Maxis Communications 814,200 2,003 Proton Holdings* 279,000 661 Public Bank 1,856,175 3,468 Public Bank (Foreign Market) 2,217,918 4,436 Resorts World 591,600 1,557 Sime Darby 2,499,100 3,946 Telekom Malaysia 2,304,700 7,035 Tenaga Nasional BHD 559,500 1,605 ____________ 46,644 ____________ MEXICO -- 5.8% Alfa 212,000 1,084 America Movil, Ser L ADR (C) 192,862 10,096 Cemex 230,688 1,685 Cemex ADR 119,142 4,339 Coca-Cola Femsa ADR (C) 204,300 4,854 Consorcio ARA* 270,800 814 Controladora Comercial Mexicana (C) 1,812,800 2,041 Corporacion GEO, Ser B 33,000 66 Desc, Ser B 3,266,666 938 Empresas ICA Sociedad Controladora ADR* 365,200 895 Fomento Economico Mexicano ADR 65,489 3,445 Grupo Bimbo, Ser A 178,400 451 Grupo Carso, Ser A1 233,439 1,256 Grupo Continental (C) 841,400 1,615 Grupo Financiero Banorte 408,361 2,572 Grupo Mexico, Ser B* 57,400 290 Grupo Televisa ADR 66,130 4,001 Kimberly-Clark de Mexico, Ser A (C) 1,122,331 3,876 Telefonos de Mexico, Ser L ADR (C) 481,426 18,448 TV Azteca ADR 113,900 1,171 Urbi Desarrollos Urbanos (C)* 237,100 1,036 Wal-Mart de Mexico (C) 597,109 2,052 ____________ 67,025 ____________ NETHERLANDS -- 0.0% Efes Breweries International GDR (A)* 9,200 276 Efes Breweries International GDR* 8,600 258 ____________ 534 ____________ PERU -- 0.1% Cia de Minas Buenaventura ADR 55,400 1,269 ____________ PHILIPPINES -- 0.5% ABS-CBN Broadcasting PDR 1,040,900 343 Bank of the Philippine Islands 1,130,089 1,057 Manila Electric (C)* 1,230,700 543 Philippine Long Distance Telephone* 45,300 1,098 Philippine Long Distance Telephone ADR (C)* 82,000 2,044 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Equity Fund December 31, 2004 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ SM Prime Holdings 980,000 $ 134 ____________ 5,219 ____________ POLAND -- 0.8% Bank Przemyslowo-Handlowy 6,471 1,102 KGHM Polska Miedz* 88,696 927 Powszechna Kasa Oszczednoski Bank Polski* 151,400 1,405 Telekomunikacja Polska 422,386 2,792 Telekomunikacja Polska GDR 487,554 3,218 ____________ 9,444 ____________ RUSSIA -- 4.1% LUKOIL ADR 169,346 20,559 Mechel Steel Group OAO ADR (C)* 39,800 889 MMC Norilsk Nickel ADR (C) 64,702 3,591 Mobile Telesystems ADR (C) 49,736 6,889 OAO Gazprom ADR (C) 137,514 4,882 Sberbank GDR 12,254 674 Surgutneftegaz ADR 18,600 697 Unified Energy System GDR 43,120 1,225 Vimpel-Communications ADR (C)* 210,157 7,595 VolgaTelecom ADR 51,800 337 ____________ 47,338 ____________ SOUTH AFRICA -- 10.0% ABSA Group 523,726 7,064 Alexander Forbes 367,361 694 Anglo American Platinum 38,751 1,424 Aveng 719,592 1,533 Barloworld 187,529 3,538 Bidvest Group 211,081 3,005 Edgars Consolidated Stores 61,565 3,303 Gold Fields 13,591 168 Harmony Gold Mining 8,984 82 Illovo Sugar (C) 851,840 1,172 Impala Platinum Holdings 105,232 8,947 Imperial Holdings 41,110 759 Iscor 217,939 2,534 JD Group 444,400 5,348 Liberty Group (C) 83,490 987 Massmart Holdings 806,777 6,486 Metoz Holdings* 1,429,319 647 MTN Group (C) 983,058 7,590 Nampak (C) 1,372,725 3,813 Naspers 119,820 1,595 Nedcor (C) 642,864 8,878 Network Healthcare Holdings 720,950 646 Sanlam 4,019,014 9,274 Sappi 389,260 5,735 Sasol 595,433 12,788 Shoprite Holdings 514,960 1,179 Standard Bank Group 868,456 10,143 Steinhoff International Holdings 1,594,679 3,567 Telkom (C) 85,861 1,494 Tongaat-Hulett Group 116,800 1,120 ____________ 115,513 ____________ SOUTH KOREA -- 17.1% Cheil Communications 620 90 CJ 44,800 3,064 Daegu Bank 273,940 1,905 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ Daelim Industrial 17,320 $ 900 Daewoo Shipbuilding & Marine Engineering 162,100 2,411 GS Holdings* 49,900 1,080 Hankook Tire 412,010 4,060 Hyundai Department Store 51,980 1,697 Hyundai Development 75,280 1,200 Hyundai Mobis 62,820 3,975 Hyundai Motor 125,250 6,715 Industrial Bank of Korea 188,010 1,319 INI Steel (C) 51,340 670 Kangwon Land (C) 216,684 2,815 Kia Motors 151,610 1,596 Kookmin Bank* 459,980 17,996 Kookmin Bank ADR (C)* 63,444 2,479 Korea Electric Power 463,410 12,020 Korea Fine Chemical 10,960 94 Korean Reinsurance 483,080 2,191 KT ADR (C) 322,242 7,028 KT&G (C) 163,860 4,899 LG Chem 80,090 3,191 LG Electronics 48,880 3,027 LG Engineering & Construction 18,640 513 LG Household & Health Care (C) 39,490 1,047 LG Philips LCD* 33,020 1,244 POSCO 38,030 6,870 POSCO ADR 81,950 3,649 Pusan Bank 44,870 345 Samsung 47,310 587 Samsung Electro-Mechanics* 126,310 3,172 Samsung Electronics 120,400 52,396 Samsung Fire & Marine Insurance 156,060 12,286 Samsung SDI 35,890 3,918 Shinhan Financial Group 200,560 4,534 Shinsegae 30,347 8,340 SK Telecom 24,820 4,723 SK Telecom ADR 367,572 8,179 ____________ 198,225 ____________ TAIWAN -- 13.9% Accton Technology 1,143,649 570 Advanced Semiconductor Engineering 2,892,000 2,190 Asustek Computer 1,809,025 4,824 AU Optronics 625,000 905 Benq 1,385,000 1,595 Catcher Technology 682,800 2,252 Cathay Financial Holding 2,682,000 5,501 Cathay Financial Holding GDR (C) 38,318 786 China Motors 1,400,000 1,772 China Steel 2,695,890 3,046 Chinatrust Financial Holding 7,999,056 9,567 Chunghwa Telecom 1,178,000 2,323 Chunghwa Telecom ADR 40,400 850 Compal Electronics 6,049,119 6,051 Delta Electronics 873,300 1,543 Elan Microelectronics 761,169 430 Eva Airways 1,963,000 966 Far Eastern Textile 2,255,000 1,815 Far EasTone Telecommunications 2,171,000 2,638 First Financial Holding* 2,654,000 2,278 Formosa Chemicals & Fibre 581,000 1,109 Formosa Plastics 1,597,000 2,747 Fubon Financial Holding 838,000 859 High Tech Computer 345,360 1,667 HON HAI Precision Industry 3,942,531 18,288 Kindom Construction* 184,700 65 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Equity Fund December 31, 2004 ________________________________________________________________ Market Value Description Shares ($ Thousands) ________________________________________________________________ Largan Precision 242,290 $ 1,353 Makalot Industrial* 1,009,682 1,402 MediaTek* 1,003,356 6,839 Mega Financial Holding 1,016,000 702 Nan Ya Plastic 5,770,983 8,850 Nien Hsing Textile 1,134,000 1,156 Nien Made Enterprises 1,304,320 2,058 Optimax Technology 648,440 1,657 President Chain Store 899,168 1,447 Quanta Computer 4,433,608 7,975 Siliconware Precision Industries 1,753,900 1,450 Sinopac Holdings 9,647,055 5,693 Taiwan Cellular 2,562,632 2,871 Taiwan Green Point Enterprise 383,777 1,199 Taiwan Semiconductor Manufacturing 13,501,798 21,516 Unimicron Technology 461,558 336 United Microelectronics 17,395,782 11,253 United Microelectronics ADR (C) 389,295 1,374 Yageo* 9,529,440 3,428 Yuanta Core Pacific Securities 1,886,272 1,435 ____________ 160,631 ____________ THAILAND -- 2.9% Advanced Info Service (C) 1,001,300 2,758 Asian Property Development 7,340,100 691 Asian Property Development NVDR 2,558,500 241 Bangkok Bank 1,958,500 5,747 Charoen Pokphand Foods (C) 8,803,100 857 CP Seven Eleven 252,100 370 Delta Electronics 855,000 363 Italian-Thai Development 8,162,800 2,017 Kasikornbank* 3,076,334 4,434 Krung Thai Bank 7,698,000 1,783 Land And Houses (C) 6,597,000 1,715 PTT 378,200 1,684 Siam Cement 916,350 6,510 Siam Commercial Bank* 1,644,900 2,085 Siam Makro 529,300 668 Sino Thai Engineering & Construction* 1,330,000 289 Thai Airways International* 1,074,700 1,342 ____________ 33,554 ____________ TURKEY -- 2.5% Akbank* 1,749,732,337 10,834 Anadolu Efes Biracilik Ve Malt Sanayii 34,502,000 697 Dogan Yayin Holding* 689,569,000 3,119 Hurriyet Gazeteci* 394,143,504 930 Tupras Turkiye Petrol Rafine* 347,987,000 3,535 Turk Sise ve Cam Fabrikalari 184,869,637 510 Turkcell Iletisim Hizmet* 129,843,781 905 Turkiye Garanti Bankasi* 1,369,879,647 4,328 Turkiye IS Bankasi 480,685,120 2,656 Yapi VE Kredi Bankasi* 577,906,000 1,817 ____________ 29,331 ____________ UNITED KINGDOM -- 1.5% Anglo American 211,170 4,995 Anglo American (South African Shares) 246,367 5,838 BHP Billiton 120,099 1,407 Old Mutual 1,365,163 3,473 ________________________________________________________________ Shares/Face Amount Market Value Description ($ Thousands) ($ Thousands) ________________________________________________________________ Old Mutual (South African Shares) 734,600 $ 1,864 ____________ 17,577 ____________ VENEZUELA -- 0.2% Cia Anonima Nacional Telefonos de Venezuela ADR 106,329 2,381 ____________ Total Common Stock (Cost $805,028) ($ Thousands) 1,060,547 ____________ PREFERRED STOCK -- 5.7% BRAZIL -- 5.1% Banco Bradesco 73,410 1,775 Banco Itau Holding Financeira (C) 16,536 2,484 Bradespar* 24,300 801 Brasil Telecom 1,003,613,491 5,177 Caemi Mineracao e Metalurgica* 702,000 603 Cia de Bebidas das Americas ADR 105,676 2,994 Cia Energetica de Minas Gerais 232,395,493 5,679 Cia Paranaense de Energia 267,901,600 1,170 Cia Siderurgica Belgo Mineira 1,179,500 671 Cia Siderurgica de Tubarao 5,658,100 333 Cia Tecidos Norte De Mina 16,751,000 1,892 Cia Vale do Rio Doce, Cl A 32,700 790 Duratex 25,181,000 1,176 Gerdau 296,100 5,295 Investimentos Itau 1,669,436 2,891 Marcopolo 186,500 480 Petroleo Brasileiro 38,200 1,397 Petroleo Brasileiro ADR (C) 365,070 13,219 Tele Norte Leste Participacoes 75,111 1,256 Telecomunicacoes de Sao Paulo 53,010,900 1,012 Telemar Norte Leste 264,979 6,739 Telemig Celular Participacoes* 558,575,000 799 ____________ 58,633 ____________ SOUTH KOREA -- 0.6% Hyundai Motor 32,040 894 Hyundai Motor (Second Preferred) 207,430 6,222 ____________ 7,116 ____________ Total Preferred Stock (Cost $42,864) ($ Thousands) 65,749 ____________ CORPORATE OBLIGATIONS (D)(E)-- 4.6% UNITED STATES -- 4.6% Allstate Life Global Funding II 2.392%, 01/18/05 $ 3,818 3,818 American General Finance 2.403%, 01/06/06 3,636 3,636 Blue Heron Funding, Ser 6A, Cl 1 2.453%, 05/18/05 3,636 3,636 CCN Independence IV 2.472%, 07/15/05 2,727 2,727 CIT Group 2.136%, 07/29/05 2,072 2,077 Countrywide Home Loans 2.640%, 06/23/05 3,818 3,818 2.528%, 11/30/05 727 727 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Equity Fund December 31, 2004 ________________________________________________________________ Shares/Face Amount Market Value Description ($ Thousands) ($ Thousands) ________________________________________________________________ Harwood Street Funding I, Ser 2004-1A, Cl Note 2.460%, 09/20/05 $ 2,727 $ 2,727 K2 MTN 2.485%, 12/12/05 1,091 1,090 Morgan Stanley 2.331%, 02/06/06 2,727 2,727 RMAC, Ser 2004-NS2A, Cl A1 2.380%, 06/12/05 3,459 3,459 SLM 2.410%, 01/20/06 4,546 4,546 Saturn Ventures II 2.422%, 02/07/05 3,273 3,273 Sigma Finance 2.279%, 01/04/05 3,818 3,818 Wachovia Auto Owner Trust, Ser 2004-A, Cl A1 2.710%, 06/20/05 214 214 Washington Mutual Bank 2.310%, 08/18/05 3,273 3,273 White Pine Finance 2.396%, 03/11/05 3,818 3,818 Whitehawk CDO Funding, Ser 2004-1A, Cl AMMA 2.520%, 03/15/05 3,273 3,273 ____________ Total Corporate Obligations (Cost $52,657) ($ Thousands) 52,657 ____________ COMMERCIAL PAPER (D)(F) -- 1.2% UNITED STATES -- 1.2% CPI Funding 2.521%, 01/07/05 2,575 2,574 Golden Fish 2.393%, 01/18/05 5,477 5,471 Thornburg Mortgage Capital 2.321%, 01/05/05 5,455 5,453 ____________ Total Commercial Paper (Cost $13,498) ($ Thousands) 13,498 ____________ MASTER NOTE (D) -- 0.3% UNITED STATES -- 0.3% Bear Stearns 2.488%, 01/03/05 3,636 3,636 ____________ Total Master Note (Cost $3,636) ($ Thousands) 3,636 ____________ RIGHTS -- 0.0% BRAZIL -- 0.0% Banco Bradesco, Expires 02/16/05* 3 24 ____________ Total Rights (Cost $0) ($ Thousands) 24 ____________ ________________________________________________________________ Shares/Face Amount Market Value Description ($ Thousands) ($ Thousands) ________________________________________________________________ CASH EQUIVALENT -- 2.2% UNITED STATES -- 2.2% SEI Daily Income Trust, Prime Obligation Fund, Cl A (G) 25,919,955 $ 25,920 ____________ Total Cash Equivalent 25,920 (Cost $25,920) ($ Thousands) ____________ EQUITY LINKED WARRANT (B) -- 0.0% INDIA -- 0.0% National Thermal Power* 196 397 ____________ Total Equity Linked Warrant 397 (Cost $267) ($ Thousands) ____________ DEBENTURE BOND -- 0.0% BRAZIL -- 0.0% Companhia Vale do Rio Doce* 8,352 -- ____________ Total Debenture Bond (Cost $0) ($ Thousands) -- ____________ REPURCHASE AGREEMENTS (D) -- 3.7% Barclays Capital 2.250%, dated 12/31/04, to be repurchased on 01/03/05, repurchase price $6,483,053 (collateralized by various FNMA obligations, ranging in par value $340,001-$519,092, 1.130%-7.625%, 01/07/05-11/15/12; with total market value $6,611,675) $ 6,482 6,482 Goldman Sachs Group 2.230%, dated 12/31/04, to be repurchased on 01/03/05, repurchase price $36,370,503 (collateralized by various U.S. Treasury obligations, ranging in par value $15,104,045-$22,256,431, 2.000%-2.500%, 05/15/06-05/31/06; with total market value $37,091,131) 36,364 36,364 ____________ Total Repurchase Agreements (Cost $42,846) ($ Thousands) 42,846 ____________ Total Investments -- 109.4% (Cost $986,716)+ ($ Thousands) $ 1,265,274 ============ Percentages are based on Net Assets of $1,156,665,020. * Non-Income Producing Security (A) Securities sold with terms of a private placement memorandum, exempt from registration under Section 144a of the Securities Act 1933, as amended, and may be sold only to dealers in that program or other "accredited investors." As of December 31, 2004, the total value of these securities was $18,102,374, representing 1.57% of the Fund's net assets. (B) Security considered illiquid. - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Equity Fund December 31, 2004 ________________________________________________________________________________ Description ________________________________________________________________________________ (C) This security or a partial position of this security is on loan at December 31, 2004 . The total value of securities on loan at December 31, 2004 was $108,559,602 . (D) This security was purchased with cash collateral held from securities lending. The total value of such securities as of December 31, 2004 was $112,636,979. (E) Floating Rate Security -- the rate reflected on the Schedule of Investments is the rate in effect on December 31, 2004. (F) The rate reported is the effective yield at time of purchase. (G) Pursuant to an exemptive order issued by the Securities and Exchange Commission, the Fund may invest in the SEI money market funds, provided that investments in the SEI money market funds do not exceed 25 % of the investing Fund's total assets. ADR -- American Depository Receipt Cl -- Class FNMA -- Federal National Mortgage Association GDR -- Global Depositary Receipt MTN -- Medium Term Note NVDR -- Non-Voting Depositary Receipt PDR -- Philippine Depositary Receipt Ser -- Series Amounts designated as "--" are either $0 or have been rounded to $0. + At December 31, 2004, the tax basis cost of the Fund's investments was $986,716,078, and the unrealized appreciation and depreciation were $288,693,013 and $(10,134,664), respectively. For information regarding the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual and annual financial statements. - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund December 31, 2004 - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- GLOBAL BONDS -- 75.1% AUSTRIA -- 1.9% Republic of Austria 3.800%, 10/20/13 14,220 $ 19,619 ------------ BELGIUM -- 1.1% Kingdom of Belgium, Ser 31 5.500%, 03/28/28 7,300 11,754 ------------ CAYMAN ISLANDS -- 0.3% Mizuho Financial Group 4.750%, 04/15/14 1,900 2,703 ------------ DENMARK -- 1.3% Kingdom of Denmark 6.000%, 11/15/11 65,000 13,736 ------------ FINLAND -- 1.1% Government of Finland 4.250%, 07/04/15 7,680 10,929 ------------ FRANCE -- 10.3% France Telecom 9.500%, 03/01/31 2,560 3,438 France Telecom, Ser E, MTN 8.125%, 01/28/33 1,150 2,215 Government of France 5.750%, 10/25/32 28,170 47,346 4.000%, 10/25/13 25,000 35,039 4.000%, 04/25/09 (A) 13,000 18,417 ------------ 106,455 ------------ GUERNSEY -- 0.4% Credit Suisse Group Finance 6.375%, 06/07/13 2,720 4,339 ------------ ICELAND -- 1.7% Housing Finance Fund 3.750%, 06/15/44 1,051,503 17,847 ------------ IRELAND -- 0.3% Allied Irish Banks 7.500%, 02/28/11 1,910 3,102 ------------ ITALY -- 4.0% Buoni Poliennali Del Tesoro 5.750%, 02/01/33 13,770 22,729 Sanpaolo IMI, Ser E, MTN 6.375%, 04/06/10 4,300 6,654 UniCredito Italiano, Ser 1, MTN 6.000%, 03/16/11 7,700 11,845 ------------ 41,228 ------------ JAPAN -- 17.2% Government of Japan 10 Year Bond, Ser 242 1.200%, 09/20/12 5,667,000 55,744 Government of Japan 10 Year Bond, Ser 256 1.400%, 12/20/13 6,283,000 61,832 Government of Japan 20 Year Bond, Ser 72 2.100%, 09/20/24 3,812,000 37,694 - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- Government of Japan 5 Year Bond, Ser 31 0.600%, 09/20/08 500,000 $ 4,918 Government of Japan 5 Year Bond, Ser 39 0.800%, 09/20/09 1,800,000 17,752 ------------ 177,940 ------------ LUXEMBOURG -- 0.4% Telecom Italia Finance, Ser E, MTN 6.125%, 04/20/06 2,840 4,035 ------------ NETHERLANDS -- 9.4% Arena, Ser 2003-1, Cl A2 4.300%, 05/19/55 10,500 14,890 Deutsche Telekom International Finance 8.125%, 05/29/12 3,950 6,808 E.ON International Finance, Ser E, MTN 5.750%, 05/29/09 6,515 9,768 EADS Finance, Ser E, MTN 4.625%, 03/03/10 2,130 3,055 Government of Netherlands 7.500%, 01/15/23 4,670 9,080 3.750%, 07/15/09 28,000 39,292 Linde Finance 6.000%, 07/03/13 1,370 2,051 Munich Re Finance 6.750%, 06/21/23 2,280 3,593 Saecure, Ser A2 5.710%, 11/25/07 6,000 8,806 ------------ 97,343 ------------ NEW ZEALAND -- 2.9% Government of New Zealand, Ser 709 7.000%, 07/15/09 39,390 29,538 ------------ SWEDEN -- 2.5% Kingdom of Sweden, Ser 1043 5.000%, 01/28/09 95,060 15,307 Nordea Bank 6.000%, 12/13/10 7,700 10,791 ------------ 26,098 ------------ UNITED KINGDOM -- 15.8% Aviva 5.700%, 09/29/49 EUR 1,900 2,868 Bank of Scotland, Ser E, MTN 6.125%, 02/05/13 EUR 2,630 4,133 5.500%, 07/27/09 EUR 4,950 7,346 5.500%, 10/29/12 EUR 2,390 3,607 Chester Asset Receivables 6.125%, 10/15/10 EUR 15,770 24,378 Compass Group, Ser E, MTN 6.000%, 05/29/09 EUR 2,410 3,599 HSBC Capital Funding 8.030%, 06/30/12 EUR 3,060 5,239 Hilton Group Finance, Ser E, MTN 6.500%, 07/17/09 EUR 1,150 1,759 Imperial Tobacco Finance, Ser E, MTN 6.250%, 06/06/07 EUR 1,510 2,204 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund December 31, 2004 - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- MBNA Europe Funding, Ser E, MTN 4.500%, 01/23/09 EUR 3,700 $ 5,240 NGG Finance 6.125%, 08/23/11 EUR 3,820 5,900 Permanent Financing 5.100%, 06/11/07 EUR 10,200 14,599 Royal Bank of Scotland Group 6.770%, 03/31/05 EUR 7,410 10,175 United Kingdom Treasury 5.000%, 09/07/14 18,000 35,799 4.750%, 12/07/38 1,630 3,327 4.250%, 06/07/32 11,180 20,849 United Utilities Water, Ser E, MTN 6.625%, 11/08/07 EUR 7,800 1,644 ------------ 162,666 ------------ UNITED STATES -- 4.5% Chase Credit Card Master Trust, Ser 1998-4 5.000%, 08/15/08 EUR 7,200 10,431 Citibank Credit Card Issurance Trust 5.375%, 04/10/13 EUR 6,800 10,179 Ford Motor Credit, Ser E, MTN 6.750%, 01/14/08 EUR 2,650 3,866 General Motors 8.375%, 07/05/33 EUR 1,500 2,201 Goldman Sachs Group 5.125%, 04/24/13 EUR 810 1,188 Honda Auto Receivable Owners Trust, Ser 2004-2, Cl A1 1.630%, 07/15/05 EUR 4,880 4,875 MBNA Credit Card Master Trust, Ser 2002-A2, Cl A 5.600%, 07/17/14 EUR 6,650 10,113 Zurich Finance USA, Ser E, MTN 5.750%, 10/02/23 EUR 2,450 3,628 ------------ 46,481 ------------ Total Global Bonds (Cost $671,923) ($ Thousands) 775,813 ------------ U.S. TREASURY OBLIGATIONS -- 16.9% U.S Treasury Bills (C) 2.132%, 03/17/05 (A) 40,000 39,830 2.089%, 01/18/05 40,000 39,965 2.033%, 03/03/05 (A) 40,000 39,864 1.956%, 02/03/05 (A) 43,000 42,931 U.S. Treasury Bonds (A) 5.375%, 02/15/31 3,340 3,612 U.S. Treasury Inflationary Index Notes (A) 3.375%, 04/15/32 6,091 8,060 ------------ Total U.S. Treasury Obligations (Cost $173,976) ($ Thousands) 174,262 ------------ CORPORATE OBLIGATIONS (B)(D) -- 6.2% UNITED STATES -- 6.2% Allstate Life Global Funding II 2.392%, 01/18/05 4,642 4,642 American General Finance 2.403%, 01/06/06 4,421 4,421 - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- Blue Heron Funding, Ser 6A, Cl 1 2.453%, 05/18/05 4,421 $ 4,421 CCN Independence IV 2.472%, 07/15/05 3,315 3,315 CIT Group 2.136%, 07/29/05 2,519 2,525 Countrywide Home Loans 2.640%, 06/23/05 4,641 4,641 2.528%, 11/30/05 884 884 Harwood Street Funding I, Ser 2004-1A, Cl Note 2.460%, 09/20/05 3,316 3,316 K2 MTN 2.485%, 12/12/05 1,326 1,325 Morgan Stanley 2.331%, 02/06/06 3,316 3,316 RMAC, Ser 2004-NS2A, Cl A1 2.380%, 06/12/05 4,205 4,205 SLM 2.410%, 01/20/06 5,526 5,526 Saturn Ventures II 2.422%, 02/07/05 3,979 3,979 Sigma Finance 2.279%, 01/04/05 4,642 4,642 Wachovia Auto Owner Trust, Ser 2004-A, Cl A1 2.710%, 06/20/05 260 260 Washington Mutual Bank 2.310%, 08/18/05 3,979 3,979 White Pine Finance 2.396%, 03/11/05 4,642 4,641 Whitehawk CDO Funding, Ser 2004-1A, Cl AMMA 2.520%, 03/15/05 3,979 3,979 ------------ Total Corporate Obligations (Cost $64,017) ($ Thousands) 64,017 ------------ U.S. GOVERNMENT AGENCY OBLIGATIONS -- 2.4% UNITED STATES -- 2.4% FHLMC (C) 2.274%, 01/25/05 20,000 19,973 SLMA 3.800%, 06/17/10 3,500 4,786 ------------ Total U.S. Government Agency Obligations (Cost $23,700) ($ Thousands) 24,759 ------------ COMMERCIAL PAPER (B)(C)-- 1.6% UNITED STATES -- 1.6% CPI Funding 2.521%, 01/07/05 3,131 3,129 Golden Fish 2.393%, 01/18/05 6,658 6,650 TMC 2.321%, 01/05/05 6,631 6,630 ------------ Total Commercial Paper (Cost $16,409) ($ Thousands) 16,409 ------------ - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund December 31, 2004 - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- MASTER NOTE (B) -- 0.4% UNITED STATES -- 0.4% Bear Stearns 2.488%, 01/03/05 4,421 $ 4,421 ------------ Total Master Note (Cost $4,421) ($ Thousands) 4,421 ------------ REPURCHASE AGREEMENTS (B) -- 5.1% Barclays Capital 2.250%, dated 12/31/04, to be repurchased on 01/03/05, repurchase price $7,881,648 (collateralized by various FNMA obligations, ranging in par value $413,350-$631,077, 1.130%-7.625%, 01/07/15-11/15/12; with total market value $8,038,017) 7,880 7,880 Goldman Sachs Group 2.230%, dated 12/31/04, to be repurchased on 01/03/05, repurchase price $44,216,743 (collateralized by various U.S. Treasury obligations, ranging in par value $18,362,454-$27,057,829; 2.000%-2.500%, 05/15/06-05/31/06; with total market value $45,092,382) 44,209 44,209 ------------ Total Repurchase Agreements (Cost $52,089) ($ Thousands) 52,089 ------------ Total Investments -- 107.7% (Cost $1,006,535)+ ($ Thousands) $ 1,111,770 ============ Percentages are based on Net Assets of $1,032,499,975. (1) In local currency unless otherwise indicated. (A) This security or a partial position of this security is on loan at December 31, 2004. The total value of securities on loan at December 31, 2004 was $133,538,800. (B) This security was purchased with cash collateral held from securities lending. The total value of such securities as of December 31, 2004 was $136,936,250. (C) The rate reported is the effective yield at time of purchase. (D) Floating Rate Security -- the rate reflected on the Schedule of Investments is the rate in effect on December 31, 2004. Cl -- Class EUR -- Euro FHLMC -- Federal Home Loan Mortgage Corporation FNMA -- Federal National Mortgage Association MTN -- Medium Term Note Ser -- Series SLMA -- Student Loan Marketing Association + At December 31, 2004, the tax basis cost of the Fund's investments was $1,006,534,861, and the unrealized appreciation and depreciation were $105,423,596 and $(188,347), respectively. For information regarding the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual and annual financial statements. - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund December 31, 2004
The following forward foreign currency contracts were outstanding at December 31, 2004: - ------------------------------------------------------------------------------------------------------------------ Unrealized Maturity Currency to Currency to Appreciation/ Date Deliver Receive Contract Value (Depreciation) - ------------------------------------------------------------------------------------------------------------------ 02/23/05 EUR 1,860,000 AUD 3,279,180 $2,559,389 $30,347 02/23/05 USD 6,801,827 AUD 9,220,753 7,196,768 394,941 02/23/05 EUR 2,190,000 CAD 3,643,503 3,040,924 63,181 02/23/05 USD 28,750,863 CAD 35,180,418 29,362,119 611,256 02/23/05 EUR 24,810,000 CHF 37,469,604 33,042,675 (691,483) 02/23/05 CHF 36,490,313 EUR 23,880,000 32,469,638 290,552 02/23/05 GBP 17,081,040 EUR 24,325,877 33,075,897 393,190 02/23/05 JPY 22,222,983,290 EUR 163,130,000 221,807,872 4,128,795 02/23/05 SEK 163,270,898 EUR 18,330,000 24,923,302 326,705 02/23/05 USD 292,485,653 EUR 222,911,595 303,092,911 10,607,257 02/23/05 EUR 26,332,795 GBP 18,340,000 35,091,590 (713,113) 02/23/05 USD 95,199,838 GBP 50,894,044 97,380,203 2,180,365 01/19/05 EUR 1,920,000 ISK 161,479,680 2,620,693 10,807 01/19/05 USD 13,245,005 ISK 835,023,017 13,551,791 306,786 02/23/05 EUR 181,800,000 JPY 24,640,924,520 241,363,351 (5,830,122) 02/23/05 USD 199,458,385 JPY 21,099,096,064 206,670,351 7,211,966 01/19/05 USD 15,417,669 KRW 16,442,944,113 15,878,458 460,789 02/23/05 EUR 1,510,000 NOK 12,507,028 2,068,171 15,024 02/23/05 USD 30,476,767 NZD 42,864,651 30,767,528 290,761 02/23/05 USD 17,134,877 PZL 59,086,195 19,632,027 2,497,151 02/23/05 EUR 54,910,000 SEK 492,959,012 74,263,783 (397,348) 02/23/05 AUD 3,310,000 USD 2,534,873 2,583,444 (48,571) 02/23/05 CHF 898,274 USD 750,000 792,146 (42,146) 02/23/05 DKK 19,544,540 USD 3,352,408 3,573,580 (221,172) 02/23/05 EUR 162,521,464 USD 212,847,665 220,980,446 (8,132,782) 02/23/05 GBP 43,409,793 USD 83,083,469 83,059,905 23,563 01/19/05 ISK 454,456,681 USD 7,161,309 7,375,487 (214,178) 02/23/05 JPY 9,822,412,485 USD 95,612,308 96,212,721 (600,413) 02/23/05 NZD 80,634,079 USD 54,404,216 57,877,790 (3,473,574) 02/23/05 SEK 39,388,848 USD 5,551,165 5,933,891 (382,725) ---------------- ------------- $1,908,248,851 $9,095,809 ================ =============
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund December 31, 2004
CURRENCY LEGEND AUD -- Australian Dollar GBP -- British Pound Sterling NZD -- New Zealand Dollar CAD -- Canadian Dollar ISK -- Iceland Krona PZL -- Polish Zloty CHF -- Swiss Franc JPY -- Japanese Yen SEK -- Swedish Krona DKK -- Danish Krone KRW -- South Korean Won USD -- U.S. Dollar EUR -- Euro NOK -- Norwegian Krone
The Fund had future contracts open as of December 31, 2004:
- -------------------------------------------------------------------------------------------- Unrealized Appreciation/ Contract Number of Contract Value Expiration (Depreciation) Description Contracts ($ Thousands) Date ($ Thousands) - -------------------------------------------------------------------------------------------- British 10 Year Long Bond 281 $ 60,1856 March 2005 $ 303 Euro-BOBL Short Bond 56 8,594 March 2005 63 Euro-BUND Long Bond 292 47,068 March 2005 (418) U.S. 5 Year Short Bond 15 1,688 March 2005 (17) U.S. 5 Year Short Note 1,113 121,908 March 2005 (113) U.S. 10 Year Short Note 210 23,507 March 2005 5 ---------------- $ 177 ================
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Debt Fund December 31, 2004 - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- GLOBAL BONDS -- 86.5% ARGENTINA -- 2.4% Banco De Galicia 11.000%, 01/01/19 $ 508 $ 479 3.000%, 01/01/14 3,269 2,517 Ciesa (B) 0.000%, 04/22/02 BRL 12,600 5,418 Empressa Distribuidora de Electricidad de Mendoza, Ser E, MTN (B) 0.000%, 01/10/03 5,000 1,750 Republic of Argentina, Ser L-GL (B) 3.500%, 03/31/23 9,775 5,474 Republic of Argentina, Ser L-GP (B) 0.000%, 03/31/23 7,875 4,410 ------------ 20,048 ------------ BRAZIL -- 18.9% Federal Republic of Brazil 12.250%, 03/06/30 32,141 42,265 11.000%, 01/11/12 (E) 3,250 3,946 11.000%, 08/17/40 20,768 24,641 10.500%, 07/14/14 2,775 3,288 10.125%, 05/15/27 (E) 11,110 12,649 9.250%, 10/22/10 2,270 2,538 8.875%, 04/15/24 3,700 3,830 8.250%, 01/20/34 710 691 7.720%, 06/29/09 440 518 3.023%, 04/15/09 (C) 5,331 5,158 Federal Republic of Brazil, Ser 15YR (C) (E) 3.125%, 04/15/09 860 850 Federal Republic of Brazil, Ser 18YR (C) 3.125%, 04/15/12 21,035 20,036 Federal Republic of Brazil, Ser 20YR (E) 8.000%, 04/15/14 35,340 36,135 ------------ 156,545 ------------ BULGARIA -- 0.4% Republic of Bulgaria Registered 8.250%, 01/15/15 1,200 1,507 Republic of Bulgaria, Ser A (C) 2.750%, 07/28/12 1,581 1,580 ------------ 3,087 ------------ CHILE -- 0.7% Republic of Chile 7.125%, 01/11/12 5,375 6,170 COLOMBIA -- 4.8% Republic of Colombia 11.750%, 02/25/20 (E) 13,070 16,860 10.750%, 01/15/13 4,250 5,079 10.375%, 01/28/33 (E) 6,900 7,969 10.000%, 01/23/12 2,050 2,352 8.700%, 02/15/16 2,420 2,502 8.375%, 02/15/27 1,750 1,698 8.125%, 05/21/24 425 412 7.625%, 02/15/07 2,950 3,157 ------------ 40,029 ------------ - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- COSTA RICA -- 0.3% Government of Costa Rica (A) 9.995%, 08/01/20 $ 2,200 $ 2,436 ECUADOR -- 2.1% Republic of Ecuador Registered 12.000%, 11/15/12 12,995 13,320 8.000%, 08/15/30 4,206 3,659 ------------ 16,979 ------------ EL SALVADOR -- 0.5% Republic of El Salvador 7.750%, 01/24/23 4,000 4,360 INDONESIA -- 1.4% Garuda Indonesia (C) 3.060%, 12/31/07 1,650 1,493 Indah Kiat Finance Mauritius (B) 10.000%, 07/01/07 7,250 3,824 Indonesia Recapatilization Bond 12.250%, 07/15/07 IDR 23,200,000 2,687 12.125%, 02/15/06 IDR 31,000,000 3,471 ------------ 11,475 ------------ KAZAKHSTAN -- 0.7% Kazkommerts International (A) 8.500%, 04/16/13 450 470 7.875%, 04/07/14 1,000 1,000 Kazkommerts International Registered 8.500%, 04/16/13 3,800 3,987 ------------ 5,457 ------------ MACEDONIA -- 0.1% Government of Macedonia (C) 2.654%, 07/13/12 509 471 MALAYSIA -- 1.1% Government of Malaysia 8.750%, 06/01/09 800 949 7.500%, 07/15/11 2,725 3,185 Petronas Capital 7.875%, 05/22/22 3,700 4,585 ------------ 8,719 ------------ MEXICO -- 11.4% Cornhill, Ser 39 (B) 0.000%, 01/30/00 1,650 660 Cornhill, Ser 46 (B) 8.626%, 03/02/00 150 60 Pemex Project Funding Master Trust 8.500%, 02/15/08 3,750 4,219 8.000%, 11/15/11 500 576 Petroleos Mexicanos (E) 9.500%, 09/15/27 7,350 9,188 United Mexican States 11.375%, 09/15/16 (E) 11,935 17,574 8.125%, 12/30/19 3,050 3,579 6.625%, 03/03/15 (E) 26,475 28,434 5.875%, 01/15/14 (E) 16,264 16,662 5.500%, 02/17/20 2,260 3,092 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Debt Fund December 31, 2004 - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- United Mexican States, MTN 8.300%, 08/15/31 $ 3,235 $ 3,791 6.375%, 01/16/13 6,475 6,896 ------------ 94,731 ------------ NIGERIA -- 0.6% Central Bank of Nigeria 6.250%, 11/15/20 3,500 3,282 5.092%, 01/05/10 2,531 848 Turanalem Finance 8.000%, 03/24/14 450 443 7.875%, 06/02/10 770 789 ------------ 5,362 ------------ PANAMA -- 1.6% Republic of Panama 9.625%, 02/08/11 3,665 4,325 9.375%, 01/16/23 1,070 1,236 8.875%, 09/30/27 2,250 2,475 7.250%, 03/15/15 3,725 3,855 Republic of Panama, Ser 18YR (C) 2.750%, 07/17/14 685 671 Republic of Panama, Ser 20YR (C) 2.750%, 07/17/16 945 891 ------------ 13,453 ------------ PERU -- 2.2% Republic of Peru 9.875%, 02/06/15 2,575 3,180 8.750%, 11/21/33 2,000 2,170 8.375%, 05/03/16 1,875 2,100 Republic of Peru FLIRB, Ser 20YR (C) (E) 4.500%, 03/07/17 6,930 6,480 Republic of Peru, Ser 20YR (C) 5.000%, 03/07/17 4,237 4,025 ------------ 17,955 ------------ PHILIPPINES -- 3.4% Philippine Airlines (B) 0.000%, 06/07/11 3,776 1,322 Republic of Philippines (E) 10.625%, 03/16/25 16,595 17,736 9.375%, 01/18/17 6,300 6,544 9.000%, 02/15/13 2,700 2,754 ------------ 28,356 ------------ POLAND -- 0.4% Government of Poland 6.000%, 05/24/09 10,800 3,589 ROMANIA -- 0.1% Romania Treasury Bills (G) 12.248%, 03/03/05 24,000,000 804 RUSSIA -- 17.2% Aries Vermogensverwaltungs (A) 9.600%, 10/25/14 9,675 11,900 Russian Federation 12.750%, 06/24/28 10,795 17,707 11.000%, 07/24/18 10,535 14,644 8.250%, 03/31/10 (E) 12,175 13,415 - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- 5.000%, 03/31/30 (C) $ 81,745 $ 84,300 ------------ 141,966 ------------ SOUTH AFRICA -- 0.9% Republic of South Africa 9.125%, 05/19/09 2,325 2,755 6.500%, 06/02/14 4,575 5,010 ------------ 7,765 ------------ SOUTH KOREA -- 0.6% Hynix Semiconductor 6.500%, 01/04/05 KRW 6,900,000 4,999 6.000%, 12/31/06 KRW 89,000 64 ------------ 5,063 ------------ TURKEY -- 6.0% Republic of Turkey Global Bond 27.518%, 10/05/05 (D) TRL 7,700,000,000 4,939 23.967%, 04/27/05 (D) TRL 3,500,000,000 2,450 22.319%, 08/24/05 (D) TRL 4,300,000,000 2,819 12.375%, 06/15/09 500 628 11.875%, 01/15/30 9,445 13,586 11.750%, 06/15/10 1,150 1,443 11.500%, 01/23/12 11,500 14,778 11.000%, 01/14/13 3,095 3,920 9.500%, 01/15/14 (E) 4,175 4,921 ------------ 49,484 ------------ UKRAINE -- 1.5% Government of Ukraine (A) 6.875%, 03/04/11 3,880 3,978 Government of Ukraine Registered 11.000%, 03/15/07 2,380 2,553 7.650%, 06/11/13 5,395 5,762 ------------ 12,293 ------------ URUGUAY -- 2.5% Republic of Uruguay 10.500%, 10/20/06 UYU 22,400 996 7.875%, 01/15/33 4,661 4,136 7.500%, 03/15/15 15,641 15,289 ------------ 20,421 ------------ VENEZUELA -- 4.7% Government of Venezuela 10.750%, 09/19/13 3,815 4,568 9.375%, 01/13/34 2,275 2,407 9.250%, 09/15/27 11,960 12,618 8.500%, 10/08/14 7,669 8,129 5.375%, 08/07/10 (E) 6,560 6,084 3.090%, 04/20/11 4,870 4,420 Government of Venezuela, Ser A (C) 6.750%, 03/31/20 725 714 ------------ 38,940 ------------ Total Global Bonds (Cost $628,997) ($ Thousands) 715,958 ------------ - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Debt Fund December 31, 2004 - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- CORPORATE OBLIGATIONS (C)(F) -- 8.3% UNITED STATES -- 8.3% Allstate Life Global Funding II 2.392%, 01/18/05 $ 4,978 $ 4,978 American General Finance 2.403%, 01/06/06 4,741 4,741 Blue Heron Funding, Ser 6A, Cl 1 2.453%, 05/18/05 4,741 4,741 CCN Independence IV 2.472%, 07/15/05 3,556 3,556 CIT Group 2.136%, 07/29/05 2,701 2,708 Countrywide Home Loans 2.640%, 06/23/05 4,978 4,977 2.528%, 11/30/05 948 948 Harwood Street Funding I, Ser 2004-1A, Cl Note 2.460%, 09/20/05 3,556 3,556 K2 MTN 2.485%, 12/12/05 1,422 1,422 Morgan Stanley 2.331%, 02/06/06 3,556 3,556 RMAC, Ser 2004-NS2A, Cl A1 2.380%, 06/12/05 4,510 4,510 SLM 2.410%, 01/20/06 5,926 5,926 Saturn Ventures II 2.422%, 02/07/05 4,267 4,267 Sigma Finance 2.279%, 01/04/05 4,978 4,978 Wachovia Auto Owner Trust, Ser 2004-A, Cl A1 2.710%, 06/20/05 279 279 Washington Mutual Bank 2.310%, 08/18/05 4,267 4,267 White Pine Finance 2.396%, 03/11/05 4,978 4,978 Whitehawk CDO Funding, Ser 2004-1A, Cl AMMA 2.520%, 03/15/05 4,267 4,267 ------------ Total Corporate Obligations (Cost $68,655) ($ Thousands) 68,655 ------------ LOAN PARTICIPATIONS -- 4.7% ALGERIA -- 0.3% Republic of Algeria (Counterparty: Credit Suisse First Boston) (C) 2.813%, 03/04/10 2,907 2,864 ARGENTINA -- 0.7% Ciesa (Counterparty: Bank of America) (B) 0.000%, 04/22/02 3,400 1,462 Edesa USD Promissory Notes (Counterparty: Bank of America) (B) (G) 0.446%, 12/31/49 3,300 2,607 Edesa USD Promissory Notes (Counterparty: Citigroup Global Markets) (B) (G) 1.290%, 12/31/49 2,000 1,580 ------------ 5,649 ------------ - ---------------------------------------------------------------- Face Amount Market Value Description ($ Thousands)(1) ($ Thousands) - ---------------------------------------------------------------- INDONESIA -- 1.0% Indonesia Standby Loan 94 (Counterparty: Deutsche Bank) (C) 2.875%, 12/31/49 $ 6,512 $ 5,730 PKN Tranche D Secured Short Term, Ser 1 (Counterparty: Citibank)* 0.000%, 02/10/05 401 397 PKN Tranche D Secured Short Term, Ser 2 (Counterparty: Citibank) 0.000%, 02/10/05 377 373 PKN Tranche Loan A (Counterparty: Citigroup Global Markets) 0.000%, 06/30/11 1,533 1,457 PKN Tranche Loan B (Counterparty: Citigroup Global Markets) 0.000%, 05/01/11 4,200 345 ------------ 8,302 ------------ MEXICO -- 0.7% Altos Hornos, Promissory Note # 5 (Counterparty: Credit Suisse First Boston) (B) 0.000%, 04/29/99 2,500 1,000 Altos Hornos, Promissory Note # 6 (Counterparty: Credit Suisse First Boston) (B) 0.000%, 04/29/99 2,500 1,000 Altos Hornos, Promissory Note (Counterparty: Deutche Bank) (B) 2.340%, 12/31/49 4,500 1,575 Altos Hornos, Tranche A (Counterparty: Banc of America) (B) 0.000%, 04/11/04 6,540 2,616 ------------ 6,191 ------------ MOROCCO -- 0.4% Kingdom of Morocco, Ser A (Counterparties: Credit Suisse First Boston, J.P. Morgan, Merrill Lynch) (C) 2.781%, 01/02/09 3,019 2,951 SINGAPORE -- 0.6% C2C Loan (Counterparty: Deutsche Bank) (B) (G) 11.113%, 12/31/10 10,800 4,860 THAILAND -- 1.0% TPI JPY Loan (Counterparty: Deutsche Bank) (B) (G) 2.059%, 12/31/49 354,231 2,835 TPI SYN Loan (Counterparty: Banc of America) (B) (G) 0.916%, 12/31/49 6,455 5,293 ------------ 8,128 ------------ Total Loan Participations (Cost $31,740) ($ Thousands) 38,945 ------------ - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Debt Fund December 31, 2004 - ---------------------------------------------------------------- Shares/Face Amount Market Value Description ($ Thousands) ($ Thousands) - ---------------------------------------------------------------- COMMERCIAL PAPER (F)(G) -- 2.1% UNITED STATES -- 2.1% CPI Funding 2.521%, 01/07/05 $ 3,358 $ 3,356 Golden Fish 2.393%, 01/18/05 7,140 7,132 TMC 2.321%, 01/05/05 7,112 7,110 ------------ Total Commercial Paper (Cost $17,598) ($ Thousands) 17,598 ------------ U.S. TREASURY OBLIGATION (G) -- 0.8% UNITED STATES -- 0.8% U.S. Treasury Bills 1.150%, 01/13/05 6,968 6,965 ------------ Total U.S. Treasury Obligation (Cost $6,965) ($ Thousands) 6,965 ------------ MASTER NOTE (F) -- 0.6% Bear Stearns 2.488%, 01/03/05 4,741 4,741 ------------ Total Master Note (Cost $4,741) ($ Thousands) 4,741 ------------ PREFERRED STOCK -- 0.1% ARGENTINA -- 0.1% Grupo Financiero Galicia* 639,000 533 ------------ Total Preferred Stock (Cost $182) ($ Thousands) 533 ------------ COMMON STOCK -- 0.0% INDONESIA -- 0.0% PKN Tranche C Equity 24,929 -- ------------ THAILAND -- 0.0% TPI Equity (Counterparty: Banc of America) 12,716,611 -- TPI Equity (Counterparty: Deutsche Bank) 1,812,834 -- ------------ -- ------------ Total Common Stock (Cost $0)($ Thousands) -- ------------ WARRANTS -- 0.0% NIGERIA -- 0.0% Central Bank of Nigeria, Expires 11/15/20 (H)* 2,000 -- ------------ Total Warrants (Cost $0)($ Thousands) -- ------------ - ---------------------------------------------------------------- Shares/Face Amount Market Value Description ($ Thousands) ($ Thousands) - ---------------------------------------------------------------- RIGHTS -- 0.0% Government of Venezuela Par, Expires 04/15/20 (H)* 215 $ -- ------------ Total Rights (Cost $39)($ Thousands) -- ------------ REPURCHASE AGREEMENTS (F) -- 6.7% Barclays Capital 2.250%, dated 12/31/04, to be repurchased on 01/03/05, repurchase price $8,452,601 (collateralized by various FNMA obligations, ranging in par value $443,293-$676,792, 1.130%-7.625%, 01/07/05- 11/15/12; with total market value $8,620,299) $ 8,451 8,451 Goldman Sachs Group 2.230%, dated 12/31/04, to be repurchased on 01/03/05, repurchase price $47,419,843 (collateralized by various U.S. Treasury obligations, ranging in par value $19,692,496-$29,017,922, 2.000%-2.500%, 05/15/06- 05/31/06/; with total market value $48,359,396) 47,411 47,411 ------------ Total Repurchase Agreements (Cost $55,862) ($ Thousands) 55,862 ------------ Total Investments -- 109.8% (Cost $814,779)+ ($ Thousands) $ 909,257 ============ Percentages are based on Net Assets of $827,871,875. * Non-Income Producing Security (1) In U.S. dollars unless otherwise indicated. (A) Securities sold with terms of a private placement memorandum, exempt from registration under Section 144a of the Securities Act 1933, as amended, and may be sold only to dealers in that program or other "accredited investors." As of December 31, 2004, the total value of these securities was $15,807,000, representing 1.91% of the Fund's net assets. (B) Security in default on interest payments. (C) Floating Rate Security -- the rate reflected on the Statement of Net Assets is the rate in effect on December 31, 2004. (D) Zero coupon security. The rate reported on the Statement of Net Assets is the effective yield at time of purchase. (E) This security or a partial position of this security is on loan at December 31, 2004. The total value of securities on loan at December 31, 2004 was $142,421,777. (F) This security was purchased on cash collateral held from securities lending. The total value of such securities as of December 31, 2004 was $146,856,034. - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ________________________________________________________________ SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Debt Fund December 31, 2004 ________________________________________________________________________________ Description ________________________________________________________________________________ (G) The rate reported is the effective yield at time of purchase. (H) Securities are fair valued at $0 and represent 0.00% of net assets. BRL -- Brazilian Real Cl -- Class FLIRB -- Front Loaded Interest Reduction Bond FNMA -- Federal National Mortgage Association IDR -- Indonesian Rupiah KRW -- South Korean Won MTN -- Medium term note Ser -- Series TRL -- Turkish Lira UYU -- Uruguay Peso ________________________________________________________________________________ Description ________________________________________________________________________________ Amounts designated as "-" are either $0 or have been rounded to $0. + At December 31, 2004, the tax basis cost of the Fund's investments was $814,779,366, and the unrealized appreciation and depreciation were $96,420,334 and $(1,942,947), respectively. For information regarding the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual and annual financial statements. The following forward foreign currency contracts were outstanding at December 31, 2004:
- --------------------------------------------------------------------------------------------------------------------------------- Currency to Contract Unrealized Maturity Date Currency to Deliver Receive Value Appreciation/(Depreciation) - --------------------------------------------------------------------------------------------------------------------------------- EMERGING MARKETS DEBT FUND: 01/04/05-12/01/05 USD 23,625,565 BRL 66,806,400 $24,827,612 $1,202,046 01/06/05 USD 6,786,045 CZK 155,091,000 6,949,043 162,998 01/18/05 USD 1,450,291 EUR 1,178,553 1,602,020 151,729 01/18/05 USD 500,000 JPY 54,402,500 531,503 31,503 02/03/05-02/18/05 USD 8,452,066 KRW 8,976,350,000 8,665,266 213,200 01/19/05 USD 1,600,000 MXP 17,898,000 1,601,400 1,400 01/27/05-01/31/05 USD 8,217,648 PLZ 28,059,837 9,347,193 1,129,545 03/09/05-12/01/05 USD 7,620,000 RUB 219,062,000 7,901,680 281,680 03/22/05 USD 3,362,395 ZAR 19,642,100 3,453,418 91,023 01/04/05 BRL 36,009,300 USD 13,278,832 13,557,718 (278,886) 01/06/05 CZK 77,545,500 USD 3,386,266 3,472,883 (86,617) 01/18/05 EUR 1,178,553 USD 1,432,708 1,602,020 (169,312) 01/18/05 JPY 269,954,200 USD 2,488,552 2,637,405 (148,853) 02/03/05 KRW 1,763,250,000 USD 1,570,614 1,702,143 (131,529) 01/27/05 PZL 16,404,389 USD 5,123,518 5,465,078 (341,561) 03/09/05 RUB 124,270,000 USD 4,136,818 4,496,184 (359,366) 01/13/05 TRL 501,768,000,000 USD 342,738 372,093 (29,356) --------------- ------------------------- $98,184,659 $1,719,644 =============== =========================
CURRENCY LEGEND BRL -- Brazilian Real KRW -- South Korean Won TRL -- Turkish Lira CZK -- Czech Koruna MXP -- Mexican Peso USD -- U.S. Dollar EUR -- Euro PLZ -- Polish Zloty ZAR -- South African Rand JPY-- Japanese Yen RUB -- Russian Ruble - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2004 ITEM 2. CONTROLS AND PROCEDURES (a) The certifying officers, whose certifications are included herewith, have evaluated the registrant's disclosure controls and procedures within 90 days of the filing date of this report. Based on their evaluation, the certifying officers have concluded that the registrant's disclosure controls and procedures are adequately designed, and are operating effectively to ensure, that information required to be disclosed by the registrant in the reports it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms. (b) There were no significant changes in the registrant's internal control over financial reporting that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants internal control over financial reporting. ITEM 3. EXHIBITS. (a) A separate certification for the principal executive officer and the principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended (17 CFR 270.30a-2(a)), are filed herewith. - -------------------------------------------------------------------------------- SIGNATURES Pursuant to the requirements of the securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) SEI Institutional International Trust By (Signature and Title)* /s/ Edward D. Loughlin ---------------------- Edward D. Loughlin Chief Executive Officer Date: February 16, 2005 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By (Signature and Title)* /s/ Edward D. Loughlin ---------------------- Edward D. Loughlin Chief Executive Officer Date: February 16, 2005 By (Signature and Title)* /s/ Peter (Pedro) A. Rodriguez ------------------------------ Peter (Pedro) A. Rodriguez Chief Financial Officer Date: February 16, 2005 * Print the name and title of each signing officer under his or her signature. EX-99.CERT 2 siitnq302cert_el.txt SEI INST. INT'L TRST N-Q 12_04 302CERT_EL CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 I, Edward D. Loughlin, certify that: 1. I have reviewed this report on Form N-Q of SEI Institutional International Trust; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal controls over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal controls which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: February 16, 2005 /s/ Edward D. Loughlin - ---------------------- Edward D. Loughlin President and CEO EX-99.CERT 3 siitnq302cert_pr.txt SEI INST. INT'L TRST N-Q 12_04 302CERT_PR CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 I, Peter (Pedro) A. Rodriguez, certify that: 1. I have reviewed this report on Form N-Q of SEI Institutional International Trust; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal controls over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal controls which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: February 16, 2005 /s/ Peter (Pedro) A. Rodriguez - ------------------------------ Peter (Pedro) A. Rodriguez Controller and CFO -----END PRIVACY-ENHANCED MESSAGE-----