-----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, O7ehzlg+Dj/UorETPG/l+ZkzkYfGds1BBxuaqTYlU5X0ZkXGs/8SponwBXYE612Q XsTBJHs9x68S+KZRPSqI4g== 0000935069-08-000510.txt : 20080229 0000935069-08-000510.hdr.sgml : 20080229 20080229160221 ACCESSION NUMBER: 0000935069-08-000510 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20071231 FILED AS OF DATE: 20080229 DATE AS OF CHANGE: 20080229 EFFECTIVENESS DATE: 20080229 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: 08655711 BUSINESS ADDRESS: STREET 1: SEI INVESTMENTS ATTN: CAREN ROSCH STREET 2: 1FREEDOM CIRCLE DRIVE CITY: OAKS STATE: PA ZIP: 19456 BUSINESS PHONE: 610 676-3097 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 0000835597 S000006418 SIT INTERNATIONAL EQUITY FUND C000017606 SIT INTERNATIONAL EQUITY FUND - CLASS I C000017607 SIT INTERNATIONAL EQUITY FUND - CLASS A SEITX 0000835597 S000006419 SIT INTERNATIONAL FIXED INCOME FUND C000017608 SIT INTERNATIONAL FIXED INCOME FUND - CLASS A SEFIX 0000835597 S000006420 SIT EMERGING MARKETS EQUITY FUND C000017609 SIT EMERGING MARKETS EQUITY FUND - CLASS A SIEMX 0000835597 S000006421 SIT EMERGING MARKETS DEBT FUND C000017610 SIT EMERGING MARKETS DEBT FUND - CLASS A SITEX N-Q 1 sitnqcomb12_07.txt SEI INSTITUTIONAL INTERNATIONAL TRUST FORM N-Q 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 811-05601 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, 2008 DATE OF REPORTING PERIOD: DECEMBER 31, 2007 ITEM 1. SCHEDULE OF INVESTMENTS Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- COMMON STOCK -- 85.8% AUSTRALIA -- 4.4% AED Oil* 41,000 $ 151 Amcor 191,383 1,155 Asciano Group 68,183 416 Australia & New Zealand Banking Group 90,800 2,173 Australian Infrastructure Fund 633,100 1,714 Babcock & Brown 36,806 866 BHP Billiton 657,259 22,977 BlueScope Steel 475,400 3,991 Bradken 400 3 Brambles 271,599 2,727 Centro Properties Group 47,339 41 Challenger Financial Services Group 915,100 3,964 Coca-Cola Amatil 45,000 372 Commonwealth Bank of Australia 74,132 3,822 CSL 76,164 2,413 CSR 484,400 1,312 Dominion Mining 2,400 12 Downer EDI 222,339 1,044 Fairfax Media 557,700 2,277 Felix Resources 11,200 79 Flight Centre 97,900 2,748 Fortescue Metals Group* 105,000 691 Foster's Group 375,700 2,149 Goodman Fielder 755,697 1,249 Incitec Pivot 1,800 184 Independence Group 2,500 19 ING Industrial Fund 601,551 1,333 Jubilee Mines 28,500 562 Leighton Holdings 111,800 5,916 Macquarie Airports 1,935,319 6,836 Macquarie Group 42,510 2,844 Macquarie Infrastructure Group 1,701,909 4,501 Minara Resources 6,800 37 Mincor Resources 18,300 66 Mirvac Group 191,104 999 National Australia Bank 237,921 7,837 Newcrest Mining 287,090 8,278 Nufarm 600 7 OneSteel 38,200 205 Origin Energy 121,000 934 Pacific Brands 2,044,364 5,806 Portman* 4,000 37 Qantas Airways 1,035,991 4,922 QBE Insurance Group 530,503 15,402 Rio Tinto 22,300 2,594 Sally Malay Mining 37,500 173 Santos 135,600 1,666 Seven Network 283,100 3,160 Sims Group 20,700 483 Suncorp-Metway 14,812 219 Telstra 2,078,000 5,746 Telstra 683,786 2,802 Toll Holdings 163,552 1,633 Wesfarmers* 12,333 441 Westfield Group 59,700 1,091 Westpac Banking 158,945 3,865 Woolworths 375,609 11,139 WorleyParsons 119,532 5,385 Zinifex 154,800 1,661 -------------- 167,129 -------------- - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- AUSTRIA -- 0.7% bwin Interactive Entertainment* 20,000 $ 776 Immoeast* 81,069 870 IMMOFINANZ 82,583 834 OMV 170,800 13,788 Raiffeisen International Bank Holding 12,801 1,924 Schoeller-Bleckmann Oilfield Equipment 6,700 601 Telekom Austria 42,400 1,171 Voestalpine 60,279 4,320 Wienerberger 14,500 799 -------------- 25,083 -------------- BELGIUM -- 1.3% Belgacom 42,727 2,105 Compagnie Maritime Belge 60,400 5,225 D'ieteren 2,800 1,006 Delhaize Group 22,500 1,975 Dexia 133,137 3,343 Fortis 447,215 11,708 Fortis (Netherlands Line) 123,556 3,244 Gimv 24,800 1,697 InBev 16,300 1,355 KBC Groep 13,047 1,836 Solvay 15,134 2,117 UCB 52,430 2,380 Umicore 40,700 10,086 -------------- 48,077 -------------- BRAZIL -- 0.1% Gerdau ADR 19,375 562 Uniao de Bancos Brasileiros GDR 13,800 1,927 -------------- 2,489 -------------- CANADA -- 2.7% Barrick Gold 361,600 15,205 Cameco 175,400 7,032 Canadian Imperial Bank of Commerce 32,100 2,295 Canadian National Railway 27,600 1,305 Canadian Natural Resources 34,100 2,508 Eastern Platinum* 1,176,550 3,421 EnCana 95,700 6,545 Fairfax Financial Holdings 3,800 1,105 Gildan Activewear* 19,100 792 HudBay Minerals* 49,200 972 Inmet Mining 24,700 2,016 Methanex 81,700 2,281 Nexen 1 -- Petro-Canada 60,600 3,270 Potash Saskatchewan 109,100 15,862 Power of Canada 31,800 1,293 Research In Motion* 99,530 11,287 Rogers Communications, Cl B 175,230 7,988 Royal Bank of Canada 59,200 3,044 Shoppers Drug Mart 24,500 1,322 Sun Life Financial 40,400 2,280 Suncor Energy 21,700 2,373 Teck Cominco, Cl B 116,500 4,182 TELUS 75,577 3,676 -------------- 102,054 -------------- - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- CHINA -- 0.4% Alibaba.com* 121,500 $ 431 Belle International Holdings 80,000 120 China Life Insurance 1,245,900 6,368 China Petroleum & Chemical 2,176,000 3,226 China Shenhua Energy, Cl H 240,000 1,414 Industrial & Commercial Bank of China, Cl H 1,994,000 1,415 Tencent Holdings 256,000 1,912 -------------- 14,886 -------------- CYPRUS -- 0.2% Marfin Popular Bank 593,450 7,902 -------------- CZECH REPUBLIC -- 0.2% CEZ 87,350 6,493 -------------- DENMARK -- 1.1% A P Moller - Maersk, Cl A 340 3,596 A P Moller - Maersk, Cl B 1,049 11,203 Carlsberg, Cl B 37,971 4,571 D/S Norden 4,012 445 Danisco 6,895 487 Danske Bank 97,512 3,811 East Asiatic 14,788 1,145 H Lundbeck 4,600 124 Novo Nordisk, Cl B 46,000 3,003 Sydbank 5,978 256 Vestas Wind Systems* 117,907 12,732 -------------- 41,373 -------------- FINLAND -- 1.5% Kemira 32,000 670 Kone, Cl B 2,411 168 Konecranes* 22,973 783 Metso 184 10 Nokia 1,039,909 39,951 Nokian Renkaat 42,500 1,475 OKO Bank, Cl A 94,709 1,806 Outokumpu 63,744 1,960 Rautaruukki 24,500 1,047 Sampo, Cl A 90,238 2,382 Stora Enso, Cl R 165,200 2,466 UPM-Kymmene 117,962 2,387 Wartsila, Cl B 20,500 1,551 -------------- 56,656 -------------- FRANCE -- 7.8% Accor 13,317 1,065 Air France-KLM 100,034 3,496 Air Liquide 14,705 2,188 Alstom 11,848 2,545 April Group 10,600 715 Arkema* 47,266 3,104 Atos Origin* 600 31 AXA 208,028 8,294 BNP Paribas 232,607 25,238 Bouygues 114,014 9,474 Cap Gemini 42,100 2,645 Carbone Lorraine 7,600 524 Carrefour 16,900 1,315 Casino Guichard Perrachon 13,699 1,490 Christian Dior 10,165 1,336 Cie de Saint-Gobain 93,318 8,794 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Cie Generale de Geophysique- Veritas* 26,365 $ 7,458 Ciments Francais 7,040 1,208 CNP Assurances 15,110 1,966 Compagnie Generale des Etablissements Michelin, Cl B 81,800 9,352 Credit Agricole 262,050 8,841 Dassault Systemes 28,862 1,708 Electricite de France 12,800 1,525 Financiere de L'Odet 1,387 605 France Telecom 479,966 17,217 Groupe Danone 51,614 4,626 Haulotte Group 9,000 269 L'Oreal 50,225 7,192 Lafarge 44,071 8,003 Lagardere S.C.A. 68,313 5,116 Natixis 1,869 36 PagesJaunes Groupe 29,500 590 Pernod-Ricard 3,600 831 Peugeot 105,094 7,963 Publicis Groupe 21,100 825 Renault 112,324 15,930 Rhodia* 33,900 1,309 Sanofi-Aventis 333,674 30,545 Sanofi-Aventis (Germany Line) 2,125 195 Schneider Electric 47,337 6,411 SCOR 46,789 1,197 Sequana Capital 334 11 Societe Generale 98,905 14,305 Sodexho Alliance 1,500 92 Suez* 39,942 2,719 Technip 16,500 1,312 Thales 42,944 2,558 Thomson 60,000 848 Total 411,092 34,039 Veolia Environnement 54,056 4,924 Vinci 174,735 12,923 Vivendi 140,714 6,461 Wendel 6,289 908 -------------- 294,272 -------------- GERMANY -- 9.2% Allianz 162,151 34,934 Altana 12,688 307 BASF 189,964 28,170 Bayer 245,926 22,490 Bayerische Motoren Werke 46,341 2,875 Commerzbank 188,541 7,173 Continental 24,000 3,140 Daimler 334,501 32,420 Deutsche Bank* 130,680 17,064 Deutsche Beteiligungs 53,100 1,671 Deutsche Boerse 34,700 6,849 Deutsche Lufthansa 303,292 8,085 Deutsche Post 14,128 485 Deutsche Telekom 285,700 6,288 E.ON 189,143 40,211 Fresenius Medical Care 188,250 10,108 Gildemeister 21,100 571 Heidelberger Druckmaschinen 4,304 144 Henkel 7,984 408 Hochtief 21,400 2,875 Hypo Real Estate Holding 81,529 4,307 Infineon Technologies* 147,000 1,733 KSB 239 158 Lanxess 19,800 976 MAN 11,188 1,857 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- MTU Aero Engines Holding 1,041 $ 61 Muenchener Rueckversicherungs 83,222 16,162 MVV Energie 1,364 64 Norddeutsche Affinerie 183,600 7,131 Rheinmetall 1,003 80 RWE 90,800 12,731 Salzgitter 53,335 7,971 SAP 17,024 876 SGL Carbon* 104,900 5,676 Siemens 190,636 30,312 Software 22,500 1,995 Suedzucker 111,612 2,648 ThyssenKrupp 172,902 9,732 Volkswagen 30,739 7,066 Vossloh 36,100 4,230 Wincor Nixdorf 15,739 1,490 -------------- 343,524 -------------- GREECE -- 0.2% Alpha Bank 31,918 1,156 Coca Cola Hellenic Bottling 31,959 1,379 Hellenic Telecommunications Organization 66,000 2,414 National Bank of Greece 12,728 873 Public Power 13,963 733 -------------- 6,555 -------------- HONG KONG -- 2.8% Allied Properties 160,000 59 Bank of East Asia 341,200 2,312 BOC Hong Kong Holdings 460,500 1,277 Cheung Kong Holdings 137,000 2,503 China Mobile 1,024,400 17,839 China Netcom Group 575,000 1,713 China Oriental Group 594,000 482 Chinese Estates Holdings 609,800 1,098 Chow Sang Sang Holdings 66,000 113 CLP Holdings 333,500 2,266 Dah Sing Banking Group 3,000 7 Emperor International Holdings 133,000 59 Enerchina Holdings 312,400 15 Esprit Holdings 188,300 2,773 Great Eagle Holdings 522,400 1,933 Guoco Group 93,800 1,251 Hang Lung Group 116,100 627 Hang Lung Properties 75,000 335 Hang Seng Bank 83,300 1,705 Hong Kong & China Gas 387,200 1,179 Hong Kong Exchanges and Clearing 440,100 12,338 Hongkong & Shanghai Hotels 836,400 1,465 HongKong Electric Holdings 805,600 4,610 Hongkong Land Holdings 894,000 4,379 Hopewell Holdings 678,600 3,111 Hopson Development Holdings (B) 22,000 60 Hutchison Telecommunications International 478,500 721 Hutchison Whampoa 82,000 924 Jardine Matheson Holdings 800 22 Jardine Strategic Holdings 49,000 766 Li & Fung 202,729 808 Miramar Hotel & Investment 6,000 11 New World China Land 581,600 517 New World Development 1,228,200 4,300 Orient Overseas International 27,500 201 Pacific Century Premium Developments 540,000 177 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- SEA Holdings 38,000 $ 31 Singamas Container Holdings 3,501,800 1,507 Sino Land 446,000 1,562 Sinolink Worldwide Holdings 1,140,000 251 Solomon Systech International 7,507,800 630 SRE Group 124,000 31 Sun Hung Kai 1,203,400 1,600 Sun Hung Kai Properties 665,500 13,978 Swire Pacific, Cl A 284,500 3,899 Tian An China Investment 449,900 628 Transport International Holdings 10,400 49 Truly International Holdings 20,000 46 VTech Holdings 140,600 1,000 Wharf Holdings 804,000 4,159 Wheelock 483,100 1,479 Wing On International 22,000 40 -------------- 104,846 -------------- INDIA -- 0.2% Reliance Industries GDR (F) 57,170 8,433 -------------- IRELAND -- 0.3% Allied Irish Banks 115,900 2,658 CRH 146,010 5,071 DCC 65,000 1,847 Dragon Oil* 1,506 10 Irish Life & Permanent 53,500 915 Total Produce 67,294 58 -------------- 10,559 -------------- ISRAEL -- 0.3% Teva Pharmaceutical Industries ADR 253,470 11,781 -------------- ITALY -- 2.9% A2A 835,000 3,822 ACEA 7,471 155 Aedes 130,500 664 Banco Popolare Scarl 18,559 410 Beni Stabili 2,921,500 3,170 Buzzi Unicem 79,408 2,194 Cementir 135,139 1,191 Danieli 45,500 1,418 Ducati Motor Holding 1,698,800 3,573 Edison 2,424 8 Enel 526,420 6,260 ENI 682,069 24,893 Fiat 586,017 15,081 Fiat RNC 173,540 3,692 Fondiaria-Sai 16,704 685 IFIL - Investments 1,063,650 9,960 Immobiliare Grande Distribuzione 268,200 796 Indesit 97,400 1,503 Intesa Sanpaolo 779,167 6,132 Iride 32,921 123 Italcementi 121,695 2,606 Italmobiliare 15,600 1,433 MARR 113,100 1,159 Pirelli & C* 506,766 557 Prysmian* 7,832 194 Safilo Group 96,948 323 Saipem 15,400 615 Telecom Italia 1,737,568 5,387 Telecom Italia RNC 1,400,598 3,321 UniCredito Italiano 634,772 5,221 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Unione di Banche Italiane 27,428 $ 754 -------------- 107,300 -------------- JAPAN -- 16.2% Aeon 514,400 7,504 Aichi Bank 1,600 136 Aida Engineering 6,000 33 Aioi Insurance 150,000 708 Aisin Seiki 168,200 6,964 Ajinomoto 75,000 849 Amada 123,400 1,070 AOC Holdings 101,600 1,469 Aoyama Trading 64,000 1,657 Asahi Breweries 83,100 1,402 Asahi Glass 219,000 2,896 Asahi Kasei 177,000 1,168 Astellas Pharma 38,900 1,687 Atsugi 1,834,000 2,279 Autobacs Seven 60,500 1,219 Bank of Kyoto 204,100 2,414 Bank of Nagoya 37,000 225 Bank of Okinawa 700 25 Bank of the Ryukyus 106,200 1,300 Belluna 11,100 77 Bridgestone 123,700 2,184 Canon 98,448 4,506 Casio Computer 63,300 736 Cawachi 4,400 114 Central Glass 17,000 64 Chiba Bank 26,000 209 Circle K Sunkus 16,500 244 Citizen Holdings 139,000 1,350 CMK 273,900 2,077 Coca-Cola West Holdings 58,600 1,294 COMSYS Holdings 64,000 521 Cosmo Oil 790,400 2,922 Cosmos Initia 4,000 11 Credit Saison 10,800 294 Dai Nippon Printing 42,000 615 Daimei Telecom Engineering 168,100 1,161 Dainippon Ink and Chemicals 106,000 528 Dainippon Screen Manufacturing 58,000 324 Dainippon Sumitomo Pharma 81,000 591 Daishi Bank 76,000 308 Daiwa House Industry 101,000 1,290 Denki Kagaku Kogyo 10,000 43 Denso 24,300 989 East Japan Railway 167 1,374 Eighteenth Bank 53,000 184 Elpida Memory* 57,000 1,949 FamilyMart 7,600 238 Fanuc 51,100 4,954 Fields 65 83 Fuji Electric Holdings 127,000 439 Fuji Heavy Industries 154,000 713 Fuji Machine Manufacturing 2,200 47 FUJIFILM Holdings 109,000 4,562 Fujitsu 600,000 4,014 Fukuda Denshi 300 9 Fukuyama Transporting 347,000 1,397 Gunma Bank 471,500 3,100 Gunze 347,400 1,520 Hachijuni Bank 60,000 403 Hakuhodo DY Holdings 2,830 158 Hankyu Hanshin Holdings* 433,000 1,869 Heiwa 22,200 194 Higashi-Nippon Bank 33,000 113 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Hikari Tsushin 5,100 $ 173 Hirose Electric 10,100 1,159 Hitachi 750,000 5,572 Hitachi Cable 161,000 950 Hitachi Maxell 14,200 172 Hokkaido Electric Power 44,400 957 Hokuetsu Bank 1,000 2 Honda Motor 287,700 9,504 HOYA 120,900 3,825 Hyakugo Bank 48,000 265 Ibiden 78,100 5,401 Idemitsu Kosan 23,300 2,454 Inpex Holdings 288 3,126 Isuzu Motors 546,000 2,451 ITOCHU 782,000 7,546 Japan Airlines 74,000 168 Japan Steel Works 877,450 12,723 Japan Tobacco 2,005 11,855 JFE Holdings 227,900 11,428 JGC 118,000 2,023 Joshin Denki 139,000 1,147 Joyo Bank 20,000 112 Kagoshima Bank 1,000 7 Kamigumi 72,000 520 Kaneka 11,000 91 Kansai Electric Power 167,300 3,897 Kanto Tsukuba Bank 237,100 1,425 Kawasaki Kisen Kaisha 127,000 1,233 KDDI 18 133 Keyence 11,900 2,922 Kinden 48,000 375 Kirin Holdings 80,000 1,174 KK DaVinci Advisors* 308 267 Kobe Steel 772,000 2,489 Komatsu 143,800 3,857 Komori 49,900 1,100 Konica Minolta Holdings 19,000 333 Kubota 20,000 135 Kumagai Gumi 535,600 628 Kuraray 109,500 1,321 Kyorin 14,000 153 Kyowa Hakko Kogyo 47,000 502 Kyushu Electric Power 172,900 4,245 Leopalace21 11,100 298 Maeda 2,000 7 Makita 22,900 957 Marubeni 253,000 1,773 Matsushita Electric Industrial 169,100 3,465 Mazda Motor 212,000 1,049 Mie Bank 5,000 25 Millea Holdings 99,700 3,347 Mitsubishi 771,900 20,891 Mitsubishi Chemical Holdings 571,000 4,357 Mitsubishi Electric 12,000 124 Mitsubishi Gas Chemical 118,000 1,148 Mitsubishi Heavy Industries 340,000 1,445 Mitsubishi Materials 455,400 1,923 Mitsubishi Paper Mills 874,200 1,825 Mitsubishi Tanabe Pharma 55,000 511 Mitsubishi UFJ Financial Group (I) 1,784,120 16,824 Mitsui 599,000 12,509 Mitsui Chemicals 716,000 4,648 Mitsui OSK Lines 723,000 9,140 Mitsui Sumitomo Insurance 136,200 1,319 Miyazaki Bank 42,000 171 Mizuho Financial Group 1,254 5,973 Murata Manufacturing 40,000 2,297 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Nafco 5,200 $ 97 Nagase 19,000 196 Namco Bandai Holdings 164,300 2,549 NEC 284,000 1,304 Nichicon 166,400 1,682 Nikon 95,000 3,232 Nintendo 55,375 32,514 Nippo 220,200 1,585 Nippon Beet Sugar Manufacturing 403,000 845 Nippon Electric Glass 75,500 1,228 Nippon Express 25,000 128 Nippon Konpo Unyu Soko 163,200 2,161 Nippon Mining Holdings 156,500 993 Nippon Oil 579,000 4,681 Nippon Sheet Glass 177,000 893 Nippon Shokubai 57,000 546 Nippon Steel 1,716,500 10,507 Nippon Telegraph & Telephone 2,386 11,861 Nippon Yusen 275,000 2,166 Nissan Motor 893,900 9,756 Nissay Dowa General Insurance 70,000 338 Nisshin Oillio Group 35,000 130 Nisshin Steel 205,000 708 Nisshinbo Industries 279,600 3,409 Nitto Kogyo 4,100 45 Nomura Holdings 135,000 2,262 NSK 23,000 236 NTT DoCoMo 3,247 5,346 Oiles 900 17 Oita Bank 4,000 25 Oki Electric Industry 878,000 1,367 Okumura 409,600 1,988 Olympus 30,000 1,223 Omron 120,300 2,832 ORIX 65,840 11,073 Plenus 7,700 107 Ricoh 188,000 3,432 Riso Kagaku 1,400 25 Rohm 14,700 1,275 Roland 400 11 San-In Godo Bank 32,000 256 Sankyo 7,100 328 Sanwa Holdings 160,000 786 Sega Sammy Holdings 55,400 686 Seiko Epson 40,400 860 Seino Holdings* 72,000 484 Sekisui Chemical 235,000 1,570 Sekisui House 321,000 3,431 SFCG 9,700 1,339 Sharp 303,000 5,405 Shimizu Bank 1,000 45 Shin-Etsu Chemical 18,600 1,157 Shinsei Bank 389,000 1,412 Shiseido 22,000 519 Showa 15,200 140 Showa Shell Sekiyu 131,900 1,456 SMC 28,200 3,355 Softbank 616,800 12,650 Sojitz 259,600 926 Sompo Japan Insurance 27,000 242 Sony 314,800 17,151 Sony Financial Holdings 310 1,185 Sumitomo 402,600 5,633 Sumitomo Chemical 699,200 6,192 Sumitomo Electric Industries 70,380 1,110 Sumitomo Heavy Industries 67,000 611 Sumitomo Metal Industries 531,000 2,428 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Sumitomo Metal Mining 162,000 $ 2,739 Sumitomo Mitsui Financial Group 2,732 20,218 Suzuken 19,300 687 Suzuki Motor 175,200 5,253 T&D Holdings 22,400 1,140 Taisho Pharmaceutical 19,000 366 Takeda Pharmaceutical 61,100 3,570 Takefuji 28,660 688 Terumo 6,800 354 Toagosei 867,300 2,748 Tochigi Bank 13,000 74 Toda 793,300 3,803 Tokai Rika 36,300 1,119 Tokyo Electric Power 224,000 5,799 Tokyo Electron 20,500 1,246 Tokyo Gas 227,000 1,060 Tokyu 241,000 1,573 Toppan Printing 124,000 1,216 Topy Industries 39,000 106 Toshiba 1,654,000 12,206 Toshiba TEC 32,000 214 Tosoh 120,000 512 Toyo Seikan Kaisha 102,900 1,825 Toyota Auto Body 20,100 323 Toyota Industries 55,300 2,242 Toyota Motor 444,100 23,652 Trend Micro* 61,500 2,187 TV Asahi 11 17 Unicharm 24,300 1,534 UNY 101,000 853 Yahoo! Japan 7,042 3,140 Yamada Denki 80,300 9,058 Yamaha 31,500 719 Yamaha Motor 50,500 1,209 Yamato Holdings 165,800 2,383 Yamato Kogyo 13,400 543 Yaskawa Electric 18,000 243 Yokogawa Bridge Holdings 139,700 659 Yokohama Rubber 418,000 2,470 Zeon 27,000 161 -------------- 606,662 -------------- JERSEY -- 0.0% Meinl European Land* 2,504 34 -------------- LUXEMBOURG -- 0.5% ArcelorMittal 186,210 14,460 Oriflame Cosmetics SDR 18,931 1,205 SES Global FDR (Paris Exchange) 74,390 1,963 -------------- 17,628 -------------- MEXICO -- 0.4% America Movil ADR, Ser L 254,200 15,605 Cemex ADR* 33,400 864 -------------- 16,469 -------------- NETHERLANDS -- 4.6% Aegon 161,907 2,856 Akzo Nobel 244,606 19,691 ASML Holding 17,767 561 Corporate Express 148,500 1,156 CSM 2,675 90 European Aeronautic Defense and Space 56,383 1,800 Fugro 12,772 986 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Heineken 3,070 $ 198 Heineken Holding 22,062 1,252 Hunter Douglas 8,101 599 ING Groep 824,864 32,141 Koninklijke Ahold 375,612 5,202 Koninklijke BAM Groep 22,933 534 Koninklijke DSM 98,252 4,642 OCE 12,600 227 Randstad Holdings* 13,562 530 Royal Dutch Shell, Cl A 637,696 26,883 Royal Dutch Shell, Cl A (GBP) 345,504 14,585 Royal Dutch Shell, Cl B 412,745 17,206 Royal KPN 173,132 3,154 Smit Internationale 7,100 731 TNT 33,144 1,375 TomTom* 4,275 323 Unilever 641,940 23,585 Vedior 540,400 13,755 -------------- 174,062 -------------- NEW ZEALAND -- 0.1% Air New Zealand 975,400 1,406 Fletcher Building 208,600 1,841 Infratil 344,700 741 Telecom of New Zealand 289,301 966 -------------- 4,954 -------------- NORWAY -- 0.4% Aker, A Shares 13,987 865 DnB 224,564 3,416 Ementor* 394,100 2,956 Norsk Hydro 46,200 658 Orkla 66,400 1,271 StatoilHydro 25,900 799 Telenor 144,700 3,434 TGS Nopec Geophysical* 20,000 273 -------------- 13,672 -------------- POLAND -- 0.0% Polski Koncern Naftowy Orlen 59,300 1,252 -------------- PORTUGAL -- 0.3% Banco Comercial Portugues 318,500 1,358 Banco Espirito Santo 142,381 3,117 Cimpor Cimentos de Portugal 139,919 1,222 Energias de Portugal 376,000 2,464 Jeronimo Martins 91,500 727 Portugal Telecom 9,324 122 PT Multimedia Servicos de Telecomunicacoes e Multimedia 329 5 Sonae 347,035 1,000 Sonae Industria* 18,698 180 Teixeira Duarte - Engenharia Construcoes 4,399 13 -------------- 10,208 -------------- RUSSIA -- 0.1% Gazprom OAO ADR 71,200 4,023 LUKOIL ADR 14,250 1,233 -------------- 5,256 -------------- SINGAPORE -- 0.9% Allgreen Properties 1,524,400 1,553 CapitaLand 175,000 753 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Cosco Singapore 131,000 $ 517 DBS Group Holdings 112,000 1,590 Fraser and Neave 59,000 239 Ho Bee Investment 174,000 175 Hong Leong Finance 452,500 1,187 Hotel Plaza* 83,000 100 Jardine Cycle & Carriage 100,049 1,494 K1 Ventures 195,000 30 Keppel 328,000 2,923 Kim Eng Holdings 853,500 1,332 Mapletree Logistics Trust + 3,121,900 2,348 MCL Land 6,000 9 Metro Holdings 104,000 72 NatSteel 36,000 36 Neptune Orient Lines 22,000 59 SembCorp Industries 284,000 1,129 Singapore Airlines 90,040 1,082 Singapore Exchange 455,400 4,172 Singapore Petroleum 251,000 1,310 Singapore Press Holdings 208,000 646 Singapore Technologies Engineering 284,000 732 Singapore Telecommunications 559,150 1,538 SP Chemicals 123,000 85 Straits Trading 2,000 7 United Overseas Bank 128,000 1,753 UOB-Kay Hian Holdings 73,000 108 Venture 37,000 324 Wheelock Properties S 655,500 966 Wilmar International 459,000 1,706 Wing Tai Holdings 1,621,200 2,998 -------------- 32,973 -------------- SOUTH AFRICA -- 0.4% Harmony Gold Mining (B) 110,500 1,137 Sanlam (B) 745,380 2,482 Sasol (B) 205,867 10,201 Standard Bank Group (B) 81,700 1,197 -------------- 15,017 -------------- SOUTH KOREA -- 0.5% Daelim Industrial 22,710 4,294 Honam Petrochemical 23,600 2,621 Hynix Semiconductor 32,400 888 Hyundai Mobis 16,270 1,504 Industrial Bank of Korea 49,730 928 Kookmin Bank 18,900 1,393 POSCO 2,700 1,631 Samsung Electronics 1,667 981 Samsung Electronics GDR 9,218 2,683 SK Telecom 410 108 SK Telecom ADR 81,100 2,420 -------------- 19,451 -------------- SPAIN -- 2.7% Acerinox 28,092 688 ACS Actividades Construccion y Servicios 61,902 3,666 Banco Bilbao Vizcaya Argentaria 500,035 12,173 Banco Santander 918,354 19,835 Cementos Portland Valderrivas 3,815 411 Ebro Puleva 39,641 721 Fomento de Construcciones y Contratas 12,000 897 Gas Natural SDG 193,715 11,308 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Gestevision Telecinco 37,018 $ 941 Iberdrola 593,456 8,990 Inditex 28,630 1,732 Mapfre 47,711 209 Obrascon Huarte Lain 12,080 406 Repsol* 450,385 16,067 Sacyr Vallehermoso 4,355 168 Sol Melia 44,100 663 Telefonica* 609,698 19,764 Union Fenosa 25,935 1,751 -------------- 100,390 -------------- SWEDEN -- 1.3% Assa Abloy, Cl B 111,600 2,238 Boliden 86,955 1,082 D Carnegie 30,800 597 Hennes & Mauritz, Cl B 8,000 483 Industrivarden, Cl A 71,000 1,239 Investor, Cl B 34,600 783 Kinnevik Investment, Cl B 27,300 614 Sandvik 88,000 1,509 Skandinaviska Enskilda Banken, Cl A 125,046 3,192 SKF, Cl B 97,363 1,641 Ssab Svenskt Stal, Ser A 55,100 1,487 Svenska Cellulosa, Cl B 242,259 4,279 Svenska Handelsbanken, Cl A 114,588 3,663 Swedbank, Cl A 7,500 211 Swedish Match 27,602 657 Tele2, Cl B 470,800 9,369 Telefonaktiebolaget LM Ericsson, Cl B 1,707,463 3,997 TeliaSonera 644,400 6,020 Trelleborg, Cl B 40,526 846 Volvo, Cl B 212,000 3,547 Wihlborgs Fastigheter 11,928 212 -------------- 47,666 -------------- SWITZERLAND -- 5.5% ABB 228,466 6,587 Adecco 30,300 1,629 AFG Arbonia-Forster Holding 2,300 802 Baloise Holding 7,782 765 Bobst Group 1,285 92 Bucher Industries 2,880 668 Ciba Specialty Chemicals 12,600 583 Clariant 64,000 591 Compagnie Financiere Richemont, Cl A 231,118 15,790 Credit Suisse Group 389,851 23,467 Elektrizitaets-Gesellschaft Laufenburg 39 51 Forbo Holding 308 190 Helvetia Holding 1,115 401 Holcim 80,517 8,583 Inficon Holding* 12,600 2,033 Nestle 65,700 30,169 Nobel Biocare Holding 6,863 1,828 Novartis 330,089 18,052 Rieter Holding 2,250 993 Roche Holding 134,891 23,318 Schweizerische National- Versicherungs-Gesellschaft 260 203 STMicroelectronics 95,347 1,369 STMicroelectronics 41,653 596 Swatch Group 17,497 1,031 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Swiss Life Holding 12,992 $ 3,242 Swiss Reinsurance 194,294 13,745 Swisscom 11,048 4,313 Syngenta 47,760 12,119 UBS* 122,101 5,630 Xstrata 263,218 18,470 Zurich Financial Services 36,240 10,636 -------------- 207,946 -------------- TAIWAN -- 0.3% AU Optronics 958,714 1,849 Compal Electronics 1,290,783 1,405 High Tech Computer GDR 24,050 1,777 Siliconware Precision Industries 342,628 602 Taiwan Semiconductor Manufacturing 1,028,200 1,949 Taiwan Semiconductor Manufacturing ADR (B) 328,313 3,270 United Microelectronics (I) 1,627,186 1,011 -------------- 11,863 -------------- THAILAND -- 0.1% PTT (Foreign) 199,200 2,201 Total Access Communication* 20,000 23 -------------- 2,224 -------------- UNITED KINGDOM -- 15.1% 3i Group 128,594 2,546 Alliance & Leicester 83,000 1,038 Amec 654,350 10,940 Anglo American 270,500 16,420 Antofagasta 37,000 525 ARM Holdings 132,800 328 Associated British Foods 102,000 1,820 AstraZeneca 270,009 11,622 AstraZeneca (SEK)* 16,436 707 Atkins WS 5,158 117 Autonomy* 311,380 5,473 Aviva 912,828 12,166 BAE Systems 2,969,100 29,465 Balfour Beatty 34,352 340 Barclays 1,640,087 16,564 Barratt Developments 187,609 1,687 Bellway 59,161 976 Berkeley Group Holdings 59,300 1,594 BG Group 35,819 822 BHP Billiton 619,303 18,885 Bovis Homes Group 17,158 209 BP 2,852,787 34,862 Brit Insurance Holdings 88,000 400 British Airways* 255,286 1,560 British American Tobacco 211,605 8,272 British Energy Group 408,424 4,472 British Land + 198,218 3,717 BT Group 443,036 2,393 Cairn Energy 11,500 703 Carphone Warehouse Group 23,549 160 Centrica 1,228,056 8,748 Charter* 60,980 961 Chaucer Holdings 583,000 1,163 Compass Group 208,643 1,273 Cookson Group 77,652 1,077 Daily Mail & General Trust 152,544 1,508 Diageo 556,900 11,954 Dimension Data Holdings 523,900 641 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- DS Smith 218,300 $ 914 Emap 13,661 249 Enterprise Inns 104,931 1,017 Firstgroup 473,961 7,651 FKI 388,100 457 Friends Provident 443,639 1,447 Galliford Try 7,434 15 GKN 219,881 1,229 GlaxoSmithKline 813,797 20,668 Go-Ahead Group 12,200 603 Greene King 155,454 2,456 Hays 187,816 434 HBOS 1,104,902 16,066 Hiscox 1,854 11 Home Retail Group 349,684 2,273 HSBC Holdings 1,278,404 21,534 Imperial Tobacco Group 99,141 5,362 Investec 43,903 390 ITV 791,460 1,341 Kazakhmys 56,284 1,523 Laird Group 98,100 1,129 Legal & General Group 521,460 1,354 Lloyds TSB Group 274,738 2,587 LogicaCMG 147,049 344 London Stock Exchange Group 212,460 8,348 Lonmin 18,300 1,121 Marks & Spencer Group 97,400 1,078 Michael Page International 95,122 542 Millennium & Copthorne Hotels 144,856 1,174 Mitchells & Butlers 246,790 2,067 Mondi* 122,704 1,027 National Grid 553,440 9,179 Next 48,462 1,561 Northern Foods 1,202,700 2,237 Old Mutual 1,289,311 4,296 Persimmon 70,500 1,123 Premier Foods 247,100 1,010 Prudential 261,735 3,685 Punch Taverns 266,800 4,060 Reckitt Benckiser Group 82,293 4,782 Reed Elsevier 101,714 1,366 Reuters Group 173,600 2,195 Rio Tinto 174,311 18,345 Rolls-Royce Group 203,000 2,203 Royal & Sun Alliance Insurance Group 1,463,268 4,274 Royal Bank of Scotland Group 3,153,733 27,846 SABMiller 611,720 17,168 Scottish & Southern Energy 112,324 3,663 Severn Trent 47,100 1,432 Shire 325,263 7,479 Smith & Nephew 877,050 10,062 St. Ives Group 208,200 1,012 Stagecoach Group 296,050 1,664 Standard Chartered 128,122 4,676 Standard Life 376,341 1,885 Stolt-Nielsen 91,100 2,764 Tate & Lyle 10,881 97 Taylor Wimpey 1,077,022 4,338 Tesco 816,000 7,762 Tradus* 25,000 878 Travis Perkins 36,984 883 Trinity Mirror 344,500 2,372 TUI Travel 84,265 493 Unilever 93,467 3,505 United Utilities 267,300 4,017 Vodafone Group 19,057,838 71,542 - -------------------------------------------------------------------------------- Shares/Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Wolseley 135,851 $ 1,997 WPP Group 44,780 574 Yell Group 347,356 2,768 -------------- 565,712 -------------- UNITED STATES -- 0.1% Lenovo Group (B) 2,566,000 2,253 -------------- Total Common Stock (Cost $2,677,684) ($ Thousands) 3,215,104 -------------- MORTGAGE-BACKED SECURITIES -- 11.8% Adjustable Rate Mortgage Trust, Ser 2005-5, Cl 1A1 (D) 4.947%, 01/01/08 1,529 1,510 American Home Mortgage Investment Trust, Ser 2004-3, Cl 3A (D) 6.595%, 01/01/08 1,769 1,741 American Home Mortgage Investment Trust, Ser 2005-1, Cl 6A (D) 5.294%, 01/25/08 13,372 13,342 American Home Mortgage Investment Trust, Ser 2005-4, Cl 5A (D) 5.350%, 01/25/08 9,016 8,991 American Home Mortgage Investment Trust, Ser 2006-1, Cl 2A3 (D) 5.100%, 01/25/08 4,477 4,059 Banc of America Commercial Mortgage, Ser 2006-2, Cl A1 (D) 5.611%, 05/10/45 2,296 2,318 Banc of America Funding, Ser 2006-A, Cl 2A2 (D) 5.531%, 01/01/08 453 451 Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-7, Cl 1A1 (D) 6.447%, 01/01/08 725 727 Bear Stearns Alt-A Trust, Ser 2004-12, Cl 2A2 (D) 6.270%, 01/01/08 2,132 2,097 Countrywide Alternative Loan Trust, Ser 2004-33, Cl 1A1 (D) 5.004%, 01/01/08 1,415 1,411 Countrywide Alternative Loan Trust, Ser 2005-69, Cl M3 (D) 6.015%, 01/27/08 800 584 Countrywide Alternative Loan Trust, Ser 2005-IM1, Cl M3 (D) (J) 6.865%, 01/27/08 1,221 416 Countrywide Alternative Loan Trust, Ser 2006-0A11, Cl M3 (D) 5.295%, 01/30/08 1,700 1,203 Countrywide Home Loans, Ser 2004-22, Cl A1 (D) 5.088%, 01/01/08 1,778 1,782 Countrywide Home Loans, Ser 2006-HYB2, Cl 1A1 (D) 4.990%, 01/20/08 4,974 5,028 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Countrywide Home Loans, Ser 2007-HYB1, Cl 1A1 (D) 5.580%, 01/01/08 2,183 $ 2,172 DLSA Mortgage Loan Trust, Ser 2006-AR1, Cl M4 (D) 5.705%, 01/19/08 760 584 DSLA Mortgage Loan Trust, Ser 2004-AR4, Cl B1 (D) 5.565%, 01/19/08 1,027 973 DSLA Mortgage Loan Trust, Ser 2006-AR1, Cl M5 (D) 5.775%, 01/19/08 490 365 DSLA Mortgage Loan Trust, Ser 2006-AR1, Cl M7 (D) 6.715%, 01/19/08 490 347 Deutsche Alternatives Securities Mortgage Loan Trust, Ser 2006-AB3, Cl A1 (D) 6.250%, 06/30/36 2,924 2,917 FHLMC 6.000%, 07/01/21 to 10/01/21 58 60 FHLMC TBA 6.000%, 07/01/21 to 01/01/23 28,779 29,419 FHLMC ARM 5.804%, 01/01/37 21,657 22,077 FHLMC CMO STRIPS, Ser 232, Cl IO, IO (E) 5.000%, 08/01/35 26,583 6,507 FHLMC CMO STRIPS, Ser 233, Cl 12, IO (E) 5.000%, 09/15/35 4,727 1,061 FHLMC CMO STRIPS, Ser 233, Cl 4, IO (E) 4.500%, 09/15/35 1,623 452 First Horizon Alternative Mortgage Trust, Ser 2005-AA3, Cl 3A1 (D) 5.351%, 01/01/08 939 929 FNMA 0.000%, 04/01/08 2,700 2,672 FNMA (G) 4.117%, 01/02/08 6,359 6,357 FNMA CMO STRIPS, Ser 10, Cl FD (E) 5.215%, 01/25/08 4,625 4,593 FNMA CMO STRIPS, Ser 359, Cl 6, IO (E) 5.000%, 11/01/35 1,899 430 FNMA CMO STRIPS, Ser 360, Cl 2, IO (E) 5.000%, 08/01/35 29,060 7,113 FNMA CMO STRIPS, Ser 365, Cl 2, IO (E) 5.000%, 03/01/36 1,656 383 FNMA TBA 6.000%, 01/01/23 to 01/01/38 213,000 218,218 5.000%, 01/01/19 to 01/01/38 2,000 1,546 First Horizon Alternative Mortgage Trust, Ser 2006-AA6, Cl 2A1 (D) 5.640%, 01/01/08 11,263 11,048 First Horizon Mortgage Pass-Through Trust, Ser 2006-AR3, Cl 1A1 (D) 5.678%, 01/01/08 2,795 2,810 GNMA ARM 6.500%, 01/30/08 to 02/20/34 2,475 2,502 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- 6.375%, 01/01/08 1,221 $ 1,234 5.500%, 06/20/34 to 06/20/36 3,312 3,328 5.250%, 01/20/30 390 395 5.000%, 02/20/33 736 743 4.500%, 07/20/34 918 923 4.000%, 07/20/35 856 861 3.750%, 02/20/34 6,304 6,316 GNMA ARM (H) 6.375%, 06/20/33 180 182 6.000%, 02/20/35 170 171 5.625%, 08/20/34 818 821 5.500%, 03/20/36 817 824 5.000%, 04/20/35 to 02/20/36 4,413 4,423 4.375%, 06/20/33 1,200 1,209 GS Mortgage Securities, Ser 2007-GG10, Cl A4 (D) 5.799%, 01/01/08 500 517 Greenpoint Mortgage Funding Trust, Ser 2006-AR1, Cl M3 (D) 5.435%, 01/27/08 1,246 843 Indymac Mortgage Loan Trust, Ser 2004-AR11, Cl 4A1 (D) 5.780%, 01/01/08 5,178 5,134 Indymac Mortgage Loan Trust, Ser 2004-AR6, Cl 1A (D) 7.487%, 01/01/08 211 213 JPMorgan Chase Commercial Mortgage, Ser 2006-CB17, Cl A4 5.429%, 12/12/43 700 704 Lehman Mortgage Trust, Ser 2006-4, Cl 4A1 6.000%, 08/25/21 9,169 9,195 MLCC Mortgage Investors, Ser 2006-1, Cl 1A1 (D) 5.301%, 01/01/08 5,334 5,357 Master Adjustable Rate Mortgages, Ser 2005-2, Cl 3A1 (D) 5.021%, 01/01/08 2,436 2,433 Merrill Lynch Mortgage Investors Trust, Ser 2003-HE1, Cl M2 (D) 6.515%, 01/25/08 190 160 Merrill Lynch Mortgage Investors Trust, Ser 2005-A4, Cl 1A (D) 5.260%, 01/01/08 456 465 Nomura Asset Acceptance, Ser 2004-R1, Cl A1 (F) 6.500%, 03/25/34 1,414 1,425 Nomura Asset Acceptance, Ser 2004-R2, Cl A1 (D) (F) 6.500%, 10/25/34 1,525 1,534 Residential Accredit Loans, Ser 2005-Q05, Cl M3 (D) 5.665%, 01/25/08 1,292 1,038 Residential Accredit Loans, Ser 2005-QA3, Cl NB2 (D) 5.238%, 01/25/08 4,822 4,904 Residential Accredit Loans, Ser 2006-Q01, Cl 2A3 (D) 5.265%, 01/27/08 548 497 Residential Asset Securitization Trust, Ser 2004-IP2, Cl 3A1 (D) 5.253%, 01/25/08 4,546 4,525 Structured Adjustable Rate Mortgage Loan, Ser 2005-16 XS, Cl M2 (D) 5.765%, 01/25/08 775 305 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Washington Mutual Mortgage Pass-Through Certificates, Ser 2007-HY2, Cl 1A1 (D) 5.776%, 04/25/37 909 $ 893 Washington Mutual Mortgage Pass- Through Certificates, Ser 2007-HY4, Cl 1A1 (D) 5.550%, 01/01/08 7,125 7,092 Washington Mutual Mortgage Pass- Through Certificates, Ser 2007-HY6, Cl HY6 (D) 5.707%, 06/25/37 2,754 2,748 Wells Fargo Mortgage Backed Securities Trust, Ser 2004-I, Cl B1 (D) 6.445%, 01/01/08 291 291 -------------- Total Mortgage-Backed Securities (Cost $439,616) ($ Thousands) 442,898 -------------- ASSET-BACKED SECURITIES -- 1.2% ACE Securities, Ser 2003-NC1, Cl M (D) 5.645%, 01/25/08 2,100 1,950 ACE Securities, Ser 2003-OP1, Cl M1 (D) 5.565%, 01/26/08 800 777 Aames Mortgage Investment Trust, Ser 2005-4, Cl B2 (D) (J) 7.615%, 01/12/08 360 126 Aegis Asset Backed Securities Trust, Ser 2003-3, Cl M1 (D) 5.489%, 01/25/08 105 100 American Home Mortgage Investment Trust, Ser 2005-1, Cl 4A1 (D) 4.992%, 01/01/08 463 459 Ameriquest Mortgage Securities, Ser 2003-2, Cl M1 (D) 6.215%, 01/25/08 1,424 1,271 Argent Securities, Ser 2003-W5, Cl M1 (D) 5.565%, 01/25/08 600 549 Argent Securities, Ser 2003-W9, Cl M1 (D) 5.555%, 01/26/08 1,201 1,189 Asset-Backed Securities Home Equity Loan Trust, Ser 2003-HE5, Cl M1 (D) 5.778%, 01/15/08 1,642 1,560 Basic Asset Backed Securities Trust, Ser 2006-1, Cl A1 (D) 4.945%, 01/25/08 1,016 1,013 Countrywide Asset-Backed Certificates, Ser 2003-5, Cl MV2 (D) 6.465%, 01/25/08 933 859 Countrywide Asset-Backed Certificates, Ser 2005-15, Cl 1AF1 (D) 5.005%, 01/25/08 636 636 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Credit Suisse Asset-Backed Mortgage Trust, Ser 2006-1, Cl A1B (D) 5.085%, 01/26/08 1,073 $ 1,063 First Franklin Mortgage Loan Asset, Ser 2004-FF10, Cl A2 (D) 5.265%, 01/26/08 50 50 GSAA Home Equity NIM Trust, Ser 2006-2, Cl 2A1 (D) 4.965%, 01/27/08 3,961 3,950 GSAA Home Equity NIM Trust, Ser 2006-HE3N, Cl N1 (F) (J) 5.500%, 05/25/36 220 11 Heat Equity Asset Trust NIM, Ser 2006-1N, Cl A (F) (J) 6.500%, 05/27/36 216 11 Home Equity Asset Trust, Ser 2003-4, Cl M2 (D) 7.265%, 01/25/08 1,151 1,096 Lehman XS Trust, Ser 2005-5N, Cl M4 (D) (J) 6.615%, 01/31/08 1,850 648 Lehman XS Trust, Ser 2005-7N, Cl M71 (D) (J) 6.615%, 01/27/08 1,075 376 Master Asset Backed Securities Trust, Ser 2003-WMC2, Cl M1 (D) 5.839%, 01/27/08 508 495 Master Asset Backed Securities Trust, Ser 2006-AB1, Cl A1 (D) 5.005%, 01/27/08 4,531 4,484 Morgan Stanley Capital I, Cl 2003-NC8, Cl M1 (D) 5.489%, 01/27/08 2,000 1,879 New Century Home Equity Loan Trust, Ser 2004-A, Cl AII3 (D) 4.450%, 01/01/08 331 330 Option One Mortgage Loan Trust, Ser 2003-5, Cl M1 (D) 5.515%, 01/23/08 731 673 Option One Mortgage Loan Trust, Ser 2006-1, Cl M10 (D) (F) (J) 7.365%, 01/27/08 230 41 Option One Mortgage Loan Trust, Ser 2006-1, Cl M11 (D) (F) (J) 7.365%, 01/27/08 500 63 Residential Asset Mortgage Products, Ser 2003-RS11, Cl MII1 (D) 5.595%, 01/25/08 188 168 Residential Asset Securities, Ser 2006-EMX2, Cl A1 (D) 4.945%, 01/27/08 1,113 1,109 Residential Asset Securities, Ser 2006-KS2, Cl A1 (D) 4.935%, 01/27/08 153 153 Resmae Mortgage Loan Trust, Ser 2006-1, Cl A2A (D) (F) 4.965%, 01/25/08 2,587 2,556 Resmae Mortgage Loan Trust, Ser 2006-1, Cl A2B (D) (F) 5.015%, 01/25/08 5,355 5,228 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount (Thousands)(1)/ Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- SB Finance NIM Trust, Ser 2006-KS4N, Cl N1 (F) (J) 7.500%, 06/25/36 225 $ 97 Structured Asset Investment Loan Trust, Ser 2003-BC4, Cl M2 (D) 7.865%, 01/25/08 723 581 Structured Asset Investment Loan Trust, Ser 2005-1, Cl A4 (D) (F) 5.095%, 01/25/08 138 137 Terwin Mortgage Trust, Ser 2006-5, Cl 1A2A (D) (F) 4.879%, 01/26/08 7,841 7,539 Terwin Mortgage Trust, Ser 2006-6, Cl 2A1 (D) (J) 4.500%, 06/25/36 1,193 560 -------------- Total Asset-Backed Securities (Cost $53,015) ($ Thousands) 43,787 -------------- U.S. GOVERNMENT AGENCY OBLIGATIONS -- 0.6% FHLMC (G) 5.116%, 03/03/08 225 223 5.900%, 03/31/08 200 198 FNMA 5.580%, 03/12/08 (G) 1,925 1,909 5.117%, 02/29/08 (G) 100 99 4.608%, 03/26/08 300 297 4.502%, 03/28/08 (G) 125 124 4.372%, 03/17/08 150 149 4.367%, 04/16/08 400 395 4.281%, 05/09/08 2,225 2,193 4.263%, 05/07/08 18,275 18,014 -------------- Total U.S. Government Agency Obligations (Cost $23,589) ($ Thousands) 23,601 -------------- PREFERRED STOCK -- 0.6% AUSTRALIA -- 0.0% News 44,855 916 -------------- BRAZIL -- 0.4% ArcelorMittal 88,650 6,872 Petroleo Brasileiro 65,000 3,228 Usinas Siderurgicas de Minas Gerais, Cl A 81,300 3,723 -------------- 13,823 -------------- GERMANY -- 0.1% Porsche 957 1,926 -------------- ITALY -- 0.1% Istituto Finanziario Industriale* 109,600 3,707 -------------- SOUTH KOREA -- 0.0% Samsung Electronics 2,900 1,316 -------------- - -------------------------------------------------------------------------------- Face Amount (Thousands)(1)/ Market Value Description Contracts ($ Thousands) - -------------------------------------------------------------------------------- Total Preferred Stock (Cost $15,945) ($ Thousands) $ 21,688 -------------- CORPORATE OBLIGATIONS -- 0.5% Capmark Financial Group (F) 6.300%, 05/10/17 167 124 5.875%, 05/10/12 335 265 Cit Group 5.000%, 02/13/14 2,030 1,787 Discover Financial Services (F) 6.450%, 06/12/17 335 323 Dominion Resources 4.750%, 12/15/10 1,015 1,017 Exelon Generation 6.950%, 06/15/11 1,520 1,586 Genworth Financial 5.750%, 06/15/14 1,110 1,114 5.650%, 06/15/12 1,690 1,709 Istar Financial + 5.875%, 03/15/16 1,015 828 Lehman Brothers Holdings MTN 5.500%, 04/04/16 1,010 966 Merrill Lynch 6.050%, 05/16/16 820 806 Morgan Stanley 4.750%, 04/01/14 1,520 1,424 Shinsei Finance Cayman (D) (F) 6.418%, 01/29/49 1,740 1,477 Time Warner 6.875%, 05/01/12 1,520 1,601 US Steel 5.650%, 06/01/13 355 344 Vodafone Group 5.350%, 02/27/12 255 257 Washington Mutual Preferred Funding (D) (F) 6.534%, 03/29/49 1,900 1,173 Weatherford International (F) 5.950%, 06/15/12 570 592 -------------- Total Corporate Obligations (Cost $18,650) ($ Thousands) 17,393 -------------- PURCHASED OPTION -- 0.0% UNITED STATES -- 0.0% June 2008 U.S. Ten Year Treasury Call, Expires 06/16/08, Strike Price $95* 93 292 -------------- Total Purchased Option (Cost $39) ($ Thousands) 292 -------------- Number of Rights --------- RIGHTS -- 0.0% HONG KONG -- 0.0% Wharf Holdings, Expires 01/08/08* 100 138 -------------- Total Rights (Cost $0) ($ Thousands) 138 -------------- - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007
- --------------------------------------------------------------------------------------- Shares/Face Market Value Description Amount (Thousands)(1) ($ Thousands) - --------------------------------------------------------------------------------------- EXCHANGE TRADED FUND -- 0.0% UNITED STATES -- 0.0% iShares MSCI EAFE Index Fund* 1,200 $ 94 -------------- Total Exchange Traded Fund (Cost $96) ($ Thousands) 94 -------------- CASH EQUIVALENTS -- 16.1% SEI Daily Income Trust, Prime Obligation Fund, Cl A, 4.970%**++ 38,330,227 38,330 SEI Liquidity Fund, LP, 4.980%**++ (C) 564,897,755 564,898 -------------- Total Cash Equivalents (Cost $603,228) ($ Thousands) 603,228 -------------- COMMERCIAL PAPER (E) -- 1.8% American Express 4.278%, 01/04/08 10,000 9,995 General Electric 4.261%, 01/03/08 15,000 14,995 Hershey Company 4.264%, 01/14/08 15,000 14,975 Lowes 4.285%, 01/04/08 12,000 11,994 MIT 4.532%, 01/10/08 13,000 12,984 -------------- Total Commercial Paper (Cost $64,943) ($ Thousands) 64,943 -------------- U.S. TREASURY OBLIGATIONS -- 0.6% U.S. Treasury Bills (A)(E) 2.941%, 02/21/08 7,709 7,677 2.835%, 03/20/08 675 671 U.S. Treasury Inflationary Index Notes 2.375%, 04/15/11 14,608 15,226 -------------- Total U.S. Treasury Obligations (Cost $23,153) ($ Thousands) 23,574 -------------- Total Investments -- 119.0% (Cost $3,919,958) ($ Thousands)# $ 4,456,740 ============== WRITTEN OPTION -- 0.0% June 2008 U.S. Ten Year Treasury Call, Expires 06/16/08, Strike Price: $95.50* (93) $ (181) -------------- Total Written Option (Premium Received $(15)) ($ Thousands) $ (181) --------------
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 A summary of the outstanding forward foreign currency contracts held by the Fund at December 31, 2007, is as follows:
- ---------------------------------------------------------------------------------------------- UNREALIZED CURRENCY CURRENCY APPRECIATION/ MATURITY TO DELIVER TO RECEIVE (DEPRECIATION) DATE (THOUSANDS) (THOUSANDS) ($ THOUSANDS) - ---------------------------------------------------------------------------------------------- 1/4/08-5/22/08 JPY 5,315,385 USD 47,191 $ (799) 1/4/08-5/22/08 USD 98,699 JPY 11,071,147 801 1/17/08 USD 3,076 DKK 15,707 5 1/17/08 USD 139,359 EUR 95,415 174 1/17/08 USD 8,033 HKD 62,559 (4) 1/17/08 USD 617 NZD 791 (9) 1/17/08-1/23/08 USD 67,106 AUD 77,622 963 1/17/08-1/23/08 USD 230,496 GBP 114,384 (2,948) 1/17/08-1/23/08 USD 27,420 NOK 152,860 723 1/17/08-1/23/08 USD 26,891 SEK 175,361 252 1/17/08-1/23/08 USD 8,402 SGD 12,157 58 1/17/08-4/21/08 USD 144,513 CHF 167,016 3,430 1/22/08-5/22/08 AUD 31,112 JPY 3,119,000 962 1/22/08-5/22/08 CHF 53,900 GBP 22,776 (2,552) 1/22/08-5/22/08 GBP 22,960 CHF 53,900 2,187 1/22/08-5/22/08 GBP 63,789 JPY 14,379,000 2,879 1/22/08-6/20/08 JPY 3,972,000 AUD 40,660 (428) 1/22/08-6/20/08 JPY 16,966,000 GBP 74,733 (4,628) 1/23/08 AUD 10,799 USD 9,421 (48) 1/23/08 CAD 111,626 USD 110,995 (2,166) 1/23/08 EUR 7,999 CHF 13,284 54 1/23/08 EUR 7,088 SEK 66,980 2 1/23/08 EUR 28,569 USD 41,158 (624) 1/23/08 GBP 2,162 USD 4,415 114 1/23/08 HKD 336,894 USD 43,232 (14) 1/23/08 MXP 185,356 USD 17,050 90 1/23/08 NZD 409 USD 307 (7) 1/23/08 SEK 19,880 EUR 2,105 1 1/23/08 USD 9,906 CAD 10,040 272 1/23/08 ZAR 100,371 USD 14,430 (208) 1/23/08-4/21/08 NZD 47,324 CHF 40,600 (161) 1/23/08-5/22/08 CHF 99,200 USD 85,031 (2,975) 1/23/08-6/20/08 CHF 11,769 EUR 7,135 (35) 1/23/08-6/20/08 CHF 53,700 NZD 62,800 206 6/20/08 JPY 864,000 EUR 5,398 23 ----------------- $ (4,410) -----------------
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 A summary of the open futures contracts held by the Fund at December 31, 2007, is as follows: - -------------------------------------------------------------------------------- UNREALIZED NUMBER OF APPRECIATION/ TYPE OF CONTRACTS EXPIRATION (DEPRECIATION) CONTRACT LONG (SHORT) DATE ($ THOUSANDS) - -------------------------------------------------------------------------------- 90-Day Euro$ (4) Mar-2008 $ -- 90-Day Euro$ 130 Jun-2008 187 90-Day Euro$ (4) Sep-2008 (2) 90-Day Euro$ (68) Sep-2008 (239) 90-Day Euro$ (305) Dec-2008 (1,049) 90-Day Euro$ (284) Dec-2008 (1,146) 90-Day Euro$ (14) Mar-2009 (30) 90-Day Euro$ (34) Mar-2009 (137) 90-Day Euro$ 61 Jun-2009 59 90-Day Euro$ 153 Jun-2009 509 90-Day Euro$ 212 Sep-2009 698 90-Day Euro$ (1) Dec-2009 -- 90-Day Euro$ (90) Dec-2009 (295) 90-Day Euro$ (90) Mar-2010 (264) 90-Day Euro$ (289) Jun-2010 (592) 90-Day Euro$ (128) Jun-2010 (345) 90-Day Euro$ (110) Sep-2010 (262) 90-Day Euro$ (2) Dec-2010 -- 90-Day Euro$ (91) Dec-2010 (206) 90-Day Euro$ (2) Mar-2011 -- 90-Day Euro$ (44) Mar-2011 (98) 90-Day Euro$ 62 Jun-2011 62 90-Day Euro$ 16 Jun-2011 21 90-Day Euro$ 66 Sep-2011 68 90-Day Euro$ 19 Sep-2011 15 90-Day Euro$ 30 Dec-2011 35 90-Day Euro$ 30 Mar-2012 34 90-Day Euro$ 17 Jun-2012 16 90-Day Euro$ 38 Sep-2012 42 Amsterdam Index 109 Jan-2008 396 CAC40 10 Euro 535 Jan-2008 305 Dax Index 170 Mar-2008 1,325 DJ Euro Stoxx 50 Index 629 Mar-2008 706 FTSE 100 Index 904 Mar-2008 2,581 Hang Seng Index 68 Jan-2008 227 IBEX 35 Plus Index 87 Jan-2008 (317) MSCI Sing Index 80 Jan-2008 168 Nikkei 225 Index 23 Mar-2008 (98) OMX Index 798 Jan-2008 198 S&P/MIB Index 56 Mar-2008 127 SPI 200 Index 245 Mar-2008 560 Topix Index 411 Mar-2008 (2,236) - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- UNREALIZED NUMBER OF APPRECIATION/ TYPE OF CONTRACTS EXPIRATION (DEPRECIATION) CONTRACT LONG (SHORT) DATE ($ THOUSANDS) - -------------------------------------------------------------------------------- U.S. 10-Year Note (7) Mar-2008 $ (9) U.S. 2-Year Note 63 Mar-2008 (32) U.S. 5-Year Note (184) Mar-2008 (192) U.S. Long Treasury Bond (13) Mar-2008 11 -------------- $ 801 ============== A summary of outstanding swap agreements held by the Fund at December 31, 2007, is as follows:
- ------------------------------------------------------------------------------------------------------------------------------ TOTAL RETURN SWAPS - ------------------------------------------------------------------------------------------------------------------------------ UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------------ Deliver payment on the quarterly reset spread from MSCI EAFE Index minus 20 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Bear Stearns) 03/23/08 55,337 $ 1,791 Deliver payment on the quarterly reset spread from MSCI Japan Net Index plus 20 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Goldman Sachs) 03/24/08 49,131 (3,480) Deliver payment on the quarterly reset spread from Swiss Market Index plus 23 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Bear Stearns) 01/24/08 CHF 34,748 (1,588) Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr minus 10 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Bank of America) 03/31/08 73,000 2 Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index minus 145 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: JPMorgan Chase) 04/01/08 5 --
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007
- ------------------------------------------------------------------------------------------------------------------------------ UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------------ Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index minus 80 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: JPMorgan Chase) 03/01/08 8,000 $ -- Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index minus 75 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Wachovia) 01/31/08 12,000 -- Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index minus 95 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Bank of America) 01/31/08 4,000 -- Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index minus 50 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Goldman Sachs) 03/31/08 22,000 -- Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index minus 80 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: JPMorgan Chase) 03/31/08 66,000 -- Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index plus 50 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Bank of America) 02/28/08 16,000 -- Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index plus 40 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Bank of America) 02/28/08 30,000 --
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007
- ------------------------------------------------------------------------------------------------------------------------------ UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------------ Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index plus 30 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Merrill Lynch) 01/31/08 45,000 $ 2 Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index plus 5 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Bank of America) 01/31/08 40,000 1 Receive payment on the monthly reset spread from Banc of America - CMBS AAA10Yr Index plus 40 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Bank of America) 04/30/08 13,000 1 Receive payment on the monthly reset spread from Banc of America - CMBS IG10Yr Index plus 35 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Bank of America) 05/01/08 15,000 1 Receive payment on the monthly reset spread from Lehman - CMBS AAA 8.5 Index minus 25 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Goldman Sachs) 03/01/08 72,000 (2) ----------- $ (3,272) ===========
- ------------------------------------------------------------------------------------------------------------------------------ CREDIT DEFAULT SWAPS - ------------------------------------------------------------------------------------------------------------------------------ UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------------ Fund receives monthly payment of 0.0150% (0.180% per annum) times the notional amount of the ABX.HE.AAA 06-1 Index. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Barclays) 07/25/45 5,650 $ (20)
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007
- ------------------------------------------------------------------------------------------------------------------------------ UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------------ Fund receives monthly payment of 0.0517% (0.620% per annum) times the notional amount of the CMBX.NA.A 3 Index Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Goldman Sachs) 12/25/49 3,000 $ (47) Fund pays quarterly payment of 0.1188% (0.475% per annum) times the notional amount of MeadWestvaco, 6.850%, 04/01/12. Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/11 2,500 5 Fund pays quarterly payment of 0.0325% (0.130% per annum) times the notional amount of Lowes Companies Inc., 8.25%, 06/01/2010. Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Merrill Lynch) 12/20/11 2,500 19 Fund pays quarterly payment of 0.0675% (0.270% per annum) times the notional amount of Southwest Airlines Co., 6.50% 03/01/12. Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/11 2,500 59 Fund pays quarterly payment of 0.1375% (0.550% per annum) times the notional amount of Black & Decker Corp., 7.13%, 06/01/11. Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/11 2,500 (5) Fund pays quarterly payment of 0.1100% (0.440% per annum) times the notional amount of AutoZone Inc., 5.88%, 10/15/12. Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/11 2,500 (8) Fund pays quarterly payment of 0.2950% (1.180% per annum) times the notional amount of Gap Inc., 8.80%, 12/15/08. Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/11 2,500 50 Fund pays quarterly payment of 0.0550% (0.220% per annum) times the notional amount of Nucor Corp., 4.88%, 10/1/12. Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/11 2,500 21 Fund pays quarterly payment of 0.1375% (0.550% per annum) times the notional amount of Black & Decker Corp., 7.13%, 06/01/11. Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/11 2,500 13 - ------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007
- ------------------------------------------------------------------------------------------------------------------------------ UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------------ Fund pays quarterly payment of 0.1188% (0.475% per annum) times the notional amount of The Limited Inc., 6.13%, 12/01/12. Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/11 2,500 $ 102 Fund pays quarterly payment of 0.1725% (0.690% per annum) times the notional amount of RR Donnelley & Sons Co., 4.95%, 04/01/2014. Upon a defined credit event, Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Merrill Lynch) 12/20/11 2,500 (4) Fund pays quarterly payment of 0.2250% (0.900% per annum) times the notional amount of MDC Holdings Inc., 5.50% 05/15/13. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Merrill Lynch) 12/20/11 2,500 21 Fund pays quarterly payment of 0.1125% (0.450% per annum) times the notional amount of Lubrizol Corp., 7.25%, 06/15/25. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Merrill Lynch) 12/20/11 2,500 (2) Fund pays quarterly payment of 0.0975% (0.390% per annum) times the notional amount of Hasbro Inc., 2.75%, 12/01/21. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/11 2,500 42 Fund pays quarterly payment of 0.1125% (0.450% per annum) times the notional amount of Lubrizol Corp., 7.25%, 06/15/2035. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/11 2,500 (3) Fund pays quarterly payment of 0.0350% (0.140% per annum) times the notional amount of Pitney Bowes Inc., 4.63%, 10/01/12. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/11 5,200 27 Fund pays quarterly payment of 0.1113% (0.445% per annum) times the notional amount of Darden Restaurants Inc., 7.13%, 02/01/16. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/11 2,500 22 Fund pays quarterly payment of 0.1150% (0.460% per annum) times the notional amount of AutoZone Inc., 5.88%, 10/15/12. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/11 2,500 (12) - ------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007
- ------------------------------------------------------------------------------------------------------------------------------ UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------------ Fund pays quarterly payment of 0.4750% (0.190% per annum) times the notional amount of TJX Companies Inc., 7.45%, 12/15/09. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/11 2,500 $ 16 Fund pays quarterly payment of 0.1925% (0.77% per annum) times the notional amount of Jones Apparel Group, 5.13%, 11/15/2014. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/11 2,500 71 Fund pays quarterly payment of 0.2950% (1.180% per annum) times the notional amount of Gap Inc., 8.80%, 12/15/08. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/11 2,500 45 Fund pays quarterly payment of 0.0500% (0.200% per annum) times the notional amount of PPG Industries Inc., 7.05% 08/15/09. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/11 2,500 14 Fund pays quarterly payment of 0.0550% (0.220% per annum) times the notional amount of Nucor Corp., 4.88%, 10/01/12. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/11 2,500 2 Fund pays quarterly payment of 0.0675% (0.275% per annum) times the notional amount of Southwest Airlines Co., 6.50%, 03/01/12. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/11 2,500 59 Fund pays quarterly payment of 0..070% (0.280% per annum) times the notional amount of Nordstrom Inc., 6.95%, 03/15/28. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Merrill Lynch) 12/20/13 2,500 9 Fund pays quarterly payment of 0.0975% (0.390% per annum) times the notional amount of Radian Group Inc., 7.75% 06/01/11. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/13 2,500 483 Fund pays quarterly payment of 0.0925% (0.37% per annum) times the notional amount of Johnson Controls, Inc., 7.125%, 07/15/17. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/13 2,500 11 - ------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007
- ------------------------------------------------------------------------------------------------------------------------------- UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------------- Fund pays quarterly payment of 0.0875% (0.350% per annum) times the notional amount of MGIC Investment Corp., 6.00%, 03/15/07. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/13 2,500 $ 315 Fund pays quarterly payment of 0.0875% (0.350% per annum) times the notional amount of PMI Group Inc., 6.00%, 09/15/16. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/13 2,500 320 Fund pays quarterly payment of 0.0975% (0.390% per annum) times the notional amount of Johnson Controls Inc., 7.13%, 07/15/17. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/13 2,500 (10) Fund pays quarterly payment of 0.0700% (0.280% per annum) times the notional amount of Nordstrom Inc., 6.95%, 03/15/28. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/13 2,500 9 Fund pays quarterly payment of 0.0845% (0.338% per annum) times the notional amount of Whirlpool Corp., 7.75%, 07/15/16. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/11 2,500 54 Fund pays quarterly payment of 0.0625% (0.250% per annum) times the notional amount of Dow Chemical Inc., 6.00%, 10/01/12. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Merrill Lynch) 12/20/13 2,500 26 Fund pays quarterly payment of 0.1825% (0.730% per annum) times the notional amount of Masco Corp., 5.88%, 07/15/12. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/13 2,500 48 Fund pays quarterly payment of 0.0875% (0.350% per annum) times the notional amount of Radian Group Inc., 7.75%, 06/01/11. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/13 2,500 533 Fund pays quarterly payment of 0.2600% (1.040% per annum) times the notional amount of Dow Chemical Inc., 6.00%, 10/01/12. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/13 2,500 7 - -------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007
- ------------------------------------------------------------------------------------------------------------------------------- UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------------- Fund pays quarterly payment of 0.0875% (0.350% per annum) times the notional amount of PMI Group Inc., 6.00%, 09/15/16. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/13 2,500 $ 320 Fund pays quarterly payment of 0.0875% (0.350% per annum) times the notional amount of MGIC Investment Corp., 6.00%, 03/15/07. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 12/20/13 2,500 310 Fund pays quarterly payment of 0.0538% (0.215% per annum) times the notional amount of Carnival Corp., 6.65%, 01/15/28. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 06/20/12 2,000 21 Fund pays quarterly payment of 0.0500% (0.200% per annum) times the notional amount of Campbell Soup Co., 4.88%, 10/01/13. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 06/20/14 3,500 12 Fund pays quarterly payment of 0.0800% (0.320% per annum) times the notional amount of Washington Mutual Co., 5.25%, 09/15/17. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: JPMorgan Chase) 03/20/12 2,300 303 Fund pays quarterly payment of 0.1125% (0.450% per annum) times the notional amount of Weyerhaeuser Co., 6.75%, 03/15/12. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Merrill Lynch) 03/20/12 2,500 35 Fund pays quarterly payment of 0.0800% (0.320% per annum) times the notional amount of Alcan Inc., 4.88%, 09/15/12. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 03/20/14 2,150 8 Fund pays quarterly payment of 0.0875% (0.350% per annum) times the notional amount of Alcan Inc., 4.88%, 09/15/12. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/13 2,500 (11) Fund pays quarterly payment of 0.4000% (1.600% per annum) times the notional amount of CDX.NA.IG Index. Upon a defined credit event Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Bank of America) 12/20/11 37,900 (519) - -------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007
- ------------------------------------------------------------------------------------------------------------------------------- UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------------- Fund pays quarterly payment of 0.4000% (1.600% per annum) times the notional amount of CDX.NA.IG Index. Upon a defined credit event Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Bank of America) 12/20/11 3,025 $ (57) Fund pays quarterly payment of 0.4000% (1.600% per annum) times the notional amount of CDX.NA.IG Index. Upon a defined credit event Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Bank of America) 12/20/11 2,000 (37) Fund pays quarterly payment of 0.4000% (1.600% per annum) times the notional amount of CDX.NA.IG Index. Upon a defined credit event Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Merrill Lynch) 12/20/11 2,150 21 Fund pays quarterly payment of 0.4000% (1.600% per annum) times the notional amount of CDX.NA.IG Index. Upon a defined credit event Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Merrill Lynch) 12/20/11 12,700 (171) Fund pays quarterly payment of 0.4000% (1.600% per annum) times the notional amount of CDX.NA.IG Index. Upon a defined credit event Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Merrill Lynch) 12/20/11 40,900 (592) Fund pays quarterly payment of 0.1125% (0.450% per annum) times the notional amount of ITRAXX Europe Senior Financials 5 Year Series 8. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Bank of America) 12/20/12 3,750 (20) Fund pays quarterly payment of 0.1125% (0.450% per annum) times the notional amount of ITRAXX Europe Senior Financials 5 Year Series 8. Upon a defined credit event Fund will receive the notional amount and deliver the defined obligation. (Counterparty: Goldman Sachs) 12/20/12 9,000 (26) --------------- $ 1,889 ===============
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 Percentages are based on Net Assets of $3,746,698 ($ Thousands). * Non-Income Producing Security. ** Rate shown is the 7-day effective yield as of December 31, 2007. + Real Estate Investments Trust ++ Investment in affiliated security. (1) In U.S. dollars unless otherwise indicated. (A) Security, or portion thereof, has been pledged as collateral on open future contracts and written options. (B) This security or a partial position of this security is on loan at December 31, 2007. The total value of securities on loan at December 31, 2007 was $538,729 ($ Thousands). (C) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of December 31, 2007 was $564,898 ($ Thousands). (D) Variable Rate Security -- The rate reported on the Schedule of Investments is the rate in effect as of December 31, 2007. (E) The rate reported is the effective yield at time of purchase. (F) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other "accredited investors". These securities have been determined to be liquid under guidelines established by the Board of Trustees. (G) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase. (H) Security, or portion of this security, has been pledged as collateral on open swap contracts. The rate reported on the Schedule of Investments is the effective yield at time of purchase. (I) Security fair valued using methods determined in good faith by the Valuation Committee of the Board of Trustees. The total value of such securities as of December 31, 2007 was $17,835 ($ Thousands), representing 0.48% of net assets. (J) Securities considered illiquid. The total value of such securities as of December 31, 2007 was $2,349 ($ Thousands) and represented 0.06% of Net Assets. ADR -- American Depositary Receipt ARM -- Adjustable Rate Mortgage AUD -- Australian Dollar CAD -- Canadian Dollar CHF -- Swiss Franc Cl -- Class CMBS -- Commercial Mortgage-Backed Securities CMO -- Collateralized Mortgage Obligation DKK -- Danish Krone EUR -- Euro FDR -- Fiduciary Depositary Receipt FHLMC -- Federal Home Loan Mortgage Corporation FNMA -- Federal National Mortgage Association GBP -- British Pound Sterling GDR -- Global Depositary Receipt - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Equity Fund December 31, 2007 GNMA -- Government National Mortgage Association HKD -- Hong Kong Dollar IO -- Interest Only - face amount represents notional amount JPY -- Japanese Yen LLC -- Limited Liability Company LP -- Limited Partnership MTN -- Medium Term Note MXP -- Mexican Peso NIM -- Net Interest Margin NOK -- Norwegian Krone NZD -- New Zealand Dollar SDR -- Swedish Depositary Receipt SEK -- Swedish Krona Ser -- Series SGD -- Singapore Dollar STRIPS -- Separately Traded Registered Interest and Principal Securities TBA -- To Be Announced USD -- U.S. Dollar ZAR -- South African Rand Amounts designated as "--" are $0 or have been rounded to $0. #At December 31, 2007, the tax basis cost of the Fund's investments was $3,919,958 ($ Thousands), and the unrealized appreciation and depreciation were $650,672 ($ Thousands) and $(113,890) ($ Thousands), 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 or annual financial statements. - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- COMMON STOCK -- 93.0 % ARGENTINA -- 0.2% IRSA Inversiones y Representaciones Sponsored GDR (B) 34,900 $ 508 Petrobas Energia Participaciones Sponsored ADR 117,320 1,637 Telecom Argentina Sponsored ADR 38,900 865 -------------- 3,010 -------------- BAHRAIN -- 0.1% Investcorp Bank GDR (A)* 38,694 1,083 -------------- BRAZIL -- 7.9% Acos Villares 1,084,000 536 All America Latina Logistica 33,344 432 Aracruz Celulose Sponsored ADR (B) 11,500 855 Banco Bradesco Sponsored ADR 153,048 4,898 Banco do Brasil 240,700 4,111 Banco Itau Holding Financeira ADR (B) 25,120 650 Banco Nossa Caixa 95,000 1,260 Bolsa de Mercadorias e Futuros 46,000 646 BR Malls Participacoes* 59,400 801 Brasil Ecodiesel Industria e Comercio de Biocombus 79,400 307 Brasil Telecom Participacoes ADR 42,000 3,132 Centrais Eletricas Brasileiras 58,280 783 Cia Brasileira de Distribuicao Grupo Pao de Acucar Sponsored ADR (B) 128,510 4,750 Cia de Concessoes Rodoviarias 17,000 263 Cia de Saneamento Basico do Estado de Sao Paulo 101,969 2,356 Cia Energetica de Minas Gerais Sponsored ADR 54,300 1,002 Cia Vale do Rio Doce ADR 194,200 6,344 Cia Vale do Rio Doce Sponsored ADR 743,776 20,811 CPFL Energia 65,600 1,241 CPFL Energia ADR 5,600 317 EDP - Energias do Brasil 121,400 1,971 Empresa Brasileira de Aeronautica ADR 18,250 832 Gafisa ADR (B)* 40,300 1,509 Gerdau Sponsored ADR 143,900 4,175 Global Village Telecome Holding* 6,000 120 Grendene 132,700 1,604 Localiza Rent A Car 260,900 2,769 Lojas Renner 183,900 3,719 Marfrig Frigorificos e Comercio de Alimentos 92,800 795 Natura Cosmeticos 115,200 1,100 NET Servicos de Comunicacao ADR 6,000 72 Petroleo Brasileiro ADR 48,332 5,570 Petroleo Brasileiro Sponsored ADR 220,070 21,175 Positivo Informatica 12,100 296 Redecard 21,200 343 Santos Brasil Participacoes 115,281 1,716 Souza Cruz 59,700 1,617 Tam Sponsored ADR 36,761 887 Tele Norte Leste Participacoes ADR 119,310 2,300 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Tim Participacoes ADR 142,700 $ 4,987 Uniao de Bancos Brasileiros 16,600 231 Uniao de Bancos Brasileiros GDR 84,810 11,843 Usinas Siderurgicas de Minas Gerais 34,000 1,585 Votorantim Celulose e Papel Sponsored ADR 34,650 1,033 -------------- 127,744 -------------- CHILE -- 0.9% Administradora de Fondos de Pensiones Provida Sponsored ADR 7,200 268 Banco Santander Chile ADR 101,874 5,195 Centros Comerciales Sudamericanos 215,483 867 Cia Cervecerias Unidas 131,470 920 Cia Cervecerias Unidas ADR 5,396 193 CorpBanca 141,263,530 979 Embotelladora Andina ADR 32,078 603 Empresa Nacional de Electricidad Sponsored ADR 2,000 75 Empresas CMPC 11,800 446 Enersis Sponsored ADR 179,122 2,871 La Polar 103,358 679 Lan Airlines Sponsored ADR (B) 110,950 1,488 Multiexport Foods* 340,536 152 -------------- 14,736 -------------- CHINA -- 7.8% Alibaba.com* 9,500 34 Aluminum Corp of China 746,000 1,506 Anhui Conch Cement (B) 552,000 4,745 Anhui Expressway 722,000 665 Bank of China 4,498,000 2,152 Bengang Steel Plates, Cl B 732,907 740 Bosideng International Holdings* 2,170,000 696 BYD Electronic International* 2,015,000 3,902 China Communications Construction 1,926,000 4,979 China Construction Bank (B) 7,482,000 6,266 China COSCO Holdings 2,500 7 China Digital TV Holding ADR* 5,300 143 China International Marine Containers 566,280 1,044 China Life Insurance 955,000 4,881 China Medical Technologies Sponsored ADR 29,800 1,323 China Merchants Bank 292,000 1,175 China Oilfield Services 180,000 402 China Petroleum & Chemical 6,180,000 9,162 China Shipping Container Lines 1,737,000 1,009 China Shipping Development 1,850,000 4,804 China Telecom 3,098,000 2,428 China Yurun Food Group 3,771,000 6,210 Ctrip.com International ADR 6,000 345 Dongfeng Motor Group 1,782,000 1,243 First Tractor 248,000 124 Focus Media Holding ADR (B)* 43,600 2,477 Great Wall Motor 2,126,500 3,004 Great Wall Technology 1,320,000 407 Greentown China Holdings 530,000 821 Guangdong Electric Power Development 700,000 608 Harbin Power Equipment 846,000 2,658 Huadian Power International 420,000 210 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Huaneng Power International 900,800 $ 933 Industrial & Commercial Bank of China, Cl H 14,785,820 10,496 Jiangxi Copper 199,000 476 Jingwei Textile Machinery 100,000 44 Mindray Medical International ADR 35,500 1,525 Perfect World ADR* 11,000 307 PetroChina, Cl H 13,770,000 24,254 Qingling Motors 2,882,000 555 Shanghai Electric Group 1,068,000 882 Simcere Pharmaceutical Group ADR* 116,300 1,611 Sino-Ocean Land Holdings* 1,936,000 2,398 Sinopec Shanghai Petrochemical 1,314,000 803 Sinotrans (B) 1,030,000 449 Synear Food Holdings 572,000 661 Weiqiao Textile 1,518,900 2,150 Yanzhou Coal Mining 2,768,000 5,369 Zhejiang Expressway 1,714,000 2,706 -------------- 125,789 -------------- COLOMBIA -- 0.1% BanColombia Sponsored ADR 61,859 2,104 -------------- CYPRUS -- 0.0% AFI Development GDR* 59,200 562 -------------- CZECH REPUBLIC -- 0.7% CEZ 112,976 8,398 Komercni Banka 5,850 1,391 Unipetrol 82,000 1,516 -------------- 11,305 -------------- EGYPT -- 0.5% Commercial International Bank GDR 133,250 2,217 Egyptian International Pharmaceutical Industrial (D) 42,300 249 El Ezz Steel (D) 82,635 990 Orascom Construction Industries GDR (A) 15,142 3,141 Telecom Egypt (D) 300,000 1,145 -------------- 7,742 -------------- HONG KONG -- 5.5% AAC Acoustic Technology Holdings (B) 2,522,000 3,358 ASM Pacific Technology (B) 178,000 1,294 Brilliance China Automotive Holdings (B) 3,849,000 847 Chaoda Modern Agriculture 171,425 153 China Everbright (B) 298,000 928 China Mengniu Dairy 486,000 1,763 China Mobile 2,544,500 44,311 China Netcom Group 496,500 1,479 China Power International Development (B) 3,914,200 1,818 China Resources Enterprise 496,000 2,106 China Resources Logic 126,000 22 China Resources Power Holdings 204,000 694 China State Construction International Holdings 676,000 1,060 China Unicom 1,134,000 2,572 CITIC International Financial Holdings (B) 875,000 541 CNOOC 3,830,500 6,433 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Cosco Pacific 1,562,000 $ 4,114 Denway Motors 2,004,000 1,272 Digital China Holdings 1,104,000 797 Global Bio-Chem Technology Group (B) 3,613,500 1,080 Guangzhou Investment 1,546,000 447 Hopson Development Holdings (B) 288,000 786 Industrial and Commercial Bank of China Asia 526,000 1,404 NWS Holdings 198,000 628 Samson Holding 2,020,000 418 Shanghai Industrial Holdings 179,000 771 Shenzhen Investment 1,286,000 901 Shenzhou International Group Holdings 575,000 256 Texwinca Holdings (B) 1,662,600 1,487 TPV Technology 3,048,000 2,200 United Laboratories (B)* 796,000 471 Yue Yuen Industrial Holdings Ltd (B) 560,500 2,007 -------------- 88,418 -------------- HUNGARY -- 0.6% Danubius Hotel and Spa 4,715 251 Magyar Telekom 474,279 2,458 MOL Hungarian Oil & Gas 15,749 2,220 OTP Bank 82,612 4,167 Raba Automotive Holding 10,000 108 Tiszai Vegyi Kombinat 12,600 538 -------------- 9,742 -------------- INDIA -- 8.1% Andhra Bank 279,473 741 Bank of India 312,916 2,873 Bharat Electronics 24,220 1,285 Bharat Heavy Electricals 50,844 3,309 Bharat Petroleum 171,403 2,260 Bharti Airtel* 462,139 11,559 Birla 73,137 606 Cairn India* 425,393 2,751 CESC 75,930 1,195 Dr. Reddy's Laboratories 74,950 1,379 Federal Bank 60,268 507 GAIL India 77,527 1,056 Grasim Industries 18,599 1,711 Gujarat Narmada Valley Fertilizers 162,389 867 Gujarat State Fertilisers 110,358 943 Hero Honda Motors 51,015 892 Hindalco Industries 648,021 3,496 Hindalco Industries GDR (A) 56,240 301 Hindustan Petroleum 234,880 2,183 Hindustan Unilever 92,956 501 Hindustan Zinc 86,080 1,773 Housing Development Finance 98,381 7,105 ICICI Bank 134,968 4,187 India Cements 95,960 749 Indian Bank 15,750 77 ITC 370,117 1,950 Jet Airways India 14,470 363 JSW Steel 47,290 1,571 Larsen & Toubro 39,802 4,166 Mahanagar Telephone Nigam 172,280 832 Mahindra & Mahindra 11,290 244 Maruti Suzuki India 34,201 855 National Aluminium 160,935 1,954 Oil & Natural Gas 235,030 7,316 Phoenix Mills 34,008 2,016 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Ranbaxy Laboratories 181,901 $ 1,947 Reliance Industries 46,580 3,389 Satyam Computer Services 409,859 4,649 Siemens India 89,246 4,233 State Bank of India GDR (A) 23,130 2,784 Steel Authority of India 1,275,288 9,106 Sterlite Industries India 231,781 6,022 Tata Motors 69,638 1,304 Tata Steel 403,187 9,465 Unitech 633,618 7,764 Zee Entertainment Enterprises 682,992 5,610 -------------- 131,846 -------------- INDONESIA -- 1.8% Apexindo Pratama Duta 20,000 4 Astra International 797,500 2,286 Bank Central Asia 3,220,000 2,467 Bank Mandiri Persero 1,194,500 438 Bank Rakyat Indonesia 3,286,500 2,555 Global Mediacom 13,543,000 1,494 Gudang Garam 1,116,600 997 HM Sampoerna 1,008,500 1,520 International Nickel Indonesia 306,000 3,092 Telekomunikasi Indonesia 12,616,500 13,356 Telekomunikasi Indonesia Sponsored ADR 28,600 1,202 -------------- 29,411 -------------- ISRAEL -- 1.8% Bank Hapoalim 1,626,821 8,109 Bank Leumi Le-Israel 824,148 3,997 Bezeq Israeli Telecommunication 2,672,909 4,967 Delek Group 5,300 1,195 Electra* 600 95 Electra Real Estate* 1,555 24 First International Bank of Israel 51,020 694 Israel Discount Bank 515,054 1,310 Makhteshim-Agan Industries 54,318 497 Mizrahi Tefahot Bank 107,983 841 Teva Pharmaceutical Industries 22,200 1,029 Teva Pharmaceutical Industries Sponsored ADR 142,946 6,644 Union Bank of Israel 21,090 110 -------------- 29,512 -------------- JERSEY -- 0.1% Kazakhgold GDR* 42,331 1,090 -------------- LUXEMBOURG -- 0.6% Evraz Group 26,450 2,143 Evraz Group GDR 17,533 1,363 Tenaris ADR 130,300 5,828 -------------- 9,334 -------------- MALAYSIA -- 2.6% AMMB Holdings 795,288 907 Boustead Holdings 324,000 626 Commerce Asset Holdings 650,800 2,143 Digi.Com 64,700 483 Gamuda 858,700 1,244 Hong Leong Bank 273,500 523 Hong Leong Industries 14,000 21 IOI 1,941,600 4,518 KLCC Property Holdings 806,700 848 KNM Group 183,600 423 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Magnum 1,064,500 $ 1,047 Malayan Banking 1,317,400 4,554 Malaysian Bulk Carriers 587,400 786 MMC 843,700 2,347 Multi-purpose Holdings 905,000 629 Oriental Holdings 10,000 20 Padiberas Nasional 174,000 110 Petronas Dagangan 126,900 330 PPB Group 115,000 380 Resorts World 5,491,900 6,400 Sime Darby 129,900 467 Sunway City 56,000 83 Telekom Malaysia (D) 299,700 1,009 Tenaga Nasional 3,923,700 11,320 UMW Holdings 108,000 508 YTL 521,400 1,239 -------------- 42,965 -------------- MEXICO -- 4.7% Alfa 241,500 1,560 America Movil ADR, Ser L 306,486 18,815 America Movil, Ser L 1,678,400 5,152 Axtel* 674,400 1,687 Cemex 3,212,627 8,327 Cemex ADR 85,400 2,208 Coca-Cola Femsa Sponsored ADR 10,880 536 Coca-Cola Femsa, Ser L 144,100 708 Consorcio 2,776,500 3,104 Controladora Comercial Mexicana 418,700 1,055 Corporacion GEO, Ser B* 340,800 981 Cydsa 74,700 58 Embotelladoras Arca 152,350 520 Empresas ICA 128,600 848 Empresas ICA Sociedad Controladora ADR 16,500 436 Financiera Independencia SAB de CV 460,600 791 Fomento Economico Mexicano ADR 34,846 1,330 Gruma 403,400 1,349 Grupo Bimbo, Ser A 199,450 1,189 Grupo Carso, Ser A1 10,100 38 Grupo Casa Saba ADR 4,500 178 Grupo Continental 868,100 2,055 Grupo Financiero Banorte 1,313,164 5,426 Grupo Mexico, Ser B 652,100 4,099 Grupo Modelo, Ser C 271,500 1,293 Grupo Televisa ADR 78,120 1,857 Industrias, Ser B* 182,500 769 Kimberly-Clark de Mexico, Ser A 121,000 528 Megacable Holdings SAB de CV* 109,100 370 Telefonos de Mexico 2,295,500 4,249 Telefonos de Mexico ADR, Ser L 76,520 2,819 Urbi Desarrollos Urbanos 326,100 1,126 Wal-Mart de Mexico, Ser V 226,218 789 -------------- 76,250 -------------- NETHERLANDS -- 0.1% Vimetco GDR* 119,239 1,139 -------------- PANAMA -- 0.1% Copa Holdings, Cl A 54,700 2,055 ============== - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- PERU -- 0.1% Cia de Minas Buenaventura ADR 15,400 $ 872 -------------- PHILIPPINES -- 0.6% ABS-CBN Broadcasting PDR 491,900 390 Alliance Global Group 2,950,000 394 Ayala Land 6,792,140 2,308 Bank of the Philippine Islands 556,326 825 First Philippine Holdings 1,088,400 1,894 Globe Telecom 27,750 1,050 JG Summit Holdings 3,229,000 893 Manila Electric 199,560 394 Philex Mining 94,000 21 Philippine National Bank 102,800 123 SM Investments 189,344 1,542 Union Bank of Philippines 472,600 492 -------------- 10,326 -------------- POLAND -- 1.0% Bank Handlowy w Warszawie 17,012 688 Bank Pekao 11,528 1,063 Echo Investment 232,000 754 Grupa Lotos 40,303 726 KGHM Polska Miedz 87,537 3,743 Orbis 25,981 732 Polish Oil & Gas 576,000 1,190 Polski Koncern Naftowy Orlen 160,610 3,391 Telekomunikacja Polska 385,436 3,506 -------------- 15,793 -------------- RUSSIA -- 11.0% AFK Sistema GDR* 30,600 1,278 Chelyabinsk Zink Plant GDR (A)* 12,400 143 Cherkizovo Group GDR* 79,406 1,143 Gazprom OAO ADR 1,079,421 60,995 Golden Telecom 19,500 1,969 Integra Group Holdings* 47,003 797 LUKOIL Sponsored ADR 211,181 17,845 Mechel ADR 103,100 10,015 MMC Norilsk Nickel ADR 59,871 16,185 Mobile Telesystems ADR 147,900 15,055 Novolipetsk Steel GDR 112,419 4,598 Novorossiysk Sea Trade Port GDR* 141,850 2,837 Open Investments GDR 99,000 3,836 Polyus Gold Sponsored ADR 44,374 2,037 Rosneft Oil GDR (A) 346,295 3,313 Sberbank GDR 8,842 4,826 Sberbank GDR (EUR) 14,014 7,763 Severstal GDR 44,348 1,029 Severstal Sponsored GDR (A) 26,800 608 Surgutneftegaz GDR 36,300 2,250 Tatneft GDR 28,950 3,503 Unified Energy System GDR 104 1,163 Uralkali GDR* 72,625 2,705 Vimpel-Communications Sponsored ADR 135,200 5,625 VTB Bank Sponsored GDR (A) 586,957 5,986 Wimm-Bill-Dann Foods OJSC ADR 10,957 1,436 -------------- 177,790 -------------- SINGAPORE -- 0.0% Goodpack 327,000 512 -------------- - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- SOUTH AFRICA -- 6.4% ABSA Group 67,667 $ 1,100 Aeci 15,000 174 African Bank Investments 403,988 1,956 African Rainbow Minerals 55,298 1,221 Anglo Platinum 24,800 3,658 AngloGold Ashanti (B) 49,265 2,117 AngloGold Ashanti Sponsored ADR 51,150 2,190 ArcelorMittal Steel South Africa (B) 172,572 3,452 Aspen Pharmacare Holdings (B) 192,220 1,071 Assore 8,062 519 Barloworld (B) 121,170 1,902 Bidvest Group (B) 53,671 945 DataTec 86,758 421 Discovery Holdings (B) 51,554 205 Ellerine Holdings 17,840 218 Enaleni Pharmaceuticals* 8,633 5 FirstRand (B) 1,671,723 4,822 Freeworld Coatings (B)* 121,170 187 Gold Fields Sponsored ADR 134,881 1,915 Harmony Gold Mining (B) 230,068 2,368 Harmony Gold Mining Sponsored ADR (B) 215,500 2,222 Impala Platinum Holdings (B) 125,297 4,354 Imperial Holdings 4,000 61 JD Group (B) 108,850 813 Kumba Iron Ore (B) 29,188 1,223 Liberty Group (B) 92,000 1,209 Liberty Holdings 12,600 417 Metropolitan Holdings 351,000 778 Mondi 12,317 119 MTN Group (B) 267,421 5,009 Murray & Roberts Holdings (B) 177,512 2,634 Mutual & Federal Insurance 10,315 36 Mvelaphanda Resources 22,000 135 Nampak (B) 561,712 1,774 Naspers (B) 162,545 3,847 Nedbank Group (B) 254,186 5,085 Remgro 68,640 1,987 RMB Holdings 346,478 1,503 Sanlam (B) 1,609,928 5,360 Sappi (B) 351,438 5,003 Sasol (B) 267,891 13,275 Shoprite Holdings 190,990 1,205 Standard Bank Group (B) 659,960 9,670 Steinhoff International Holdings (B) 411,889 1,167 Telkom (B) 155,000 3,138 Tiger Brands 76,872 1,886 -------------- 104,356 -------------- SOUTH KOREA -- 14.2% Amorepacific 332 250 Daegu Bank 55,320 912 Daelim Industrial 10,737 2,030 Daewoo Shipbuilding & Marine Engineering 162,171 8,846 Daishin Securities 32,220 1,003 Daou Technology 49,310 517 Dongbu Insurance 25,860 1,489 Doosan 5,500 1,052 Eugene 4,290 56 GS Engineering & Contstruction 30,725 2,263 Hana Financial Group 24,718 1,327 Handsome 17,390 226 Hanil Cement Manufacturing 5,122 592 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Hanjin Heavy Industries & Construction* 9,780 $ 720 Hankook Tire 40,460 766 Hanwha Chemical 43,860 855 Honam Petrochemical 12,411 1,378 Hynix Semiconductor 27,720 759 Hyundai Development 53,964 5,217 Hyundai Heavy Industries 28,294 13,188 Hyundai Mipo Dockyard 9,561 2,902 Hyundai Mobis 45,013 4,159 Hyundai Motor 28,669 2,173 Industrial Bank of Korea 98,340 1,835 KCC Engineering & Construction 3,100 244 KISWIRE 9,300 374 Kookmin Bank 121,845 8,982 Kookmin Bank Sponsored ADR 81,000 5,939 Korea Development Financing 3,260 142 Korea Electric Power 221,090 9,297 Korea Fine Chemical 3,040 298 Korea Iron & Steel 4,920 446 Korea Kumho Petrochemical 13,680 860 Korea Zinc 8,280 1,142 Korean Petrochemical 3,890 227 Korean Reinsurance 55,716 770 KT 14,100 737 KT Sponsored ADR (B) 67,400 1,739 KT&G 91,991 7,809 Kumho Tire 105,430 1,562 Kyeryong Construction Industrial 8,130 396 LG Chem 24,674 2,334 LG Electronics 57,947 6,122 LG Engineering & Construction 28,403 4,671 LG Philips LCD 198,482 10,496 Lotte Shopping 12,729 5,578 LS Cable 13,109 1,248 Nong Shim 6,698 1,384 Nong Shim Holdings 4,632 379 Pacific 1,980 327 POSCO 21,445 12,957 Pusan Bank 68,420 1,140 S-Oil 35,425 2,975 Samho International 19,520 520 Samsung 28,916 2,194 Samsung Card* 15,300 814 Samsung Electronics 56,381 33,180 Samsung Fire & Marine Insurance 27,215 7,325 Samsung Heavy Industries 73,450 3,118 Samsung SDI 5,980 421 Samwhan 10,460 307 Samyang Genex 3,374 318 SFA Engineering 9,910 631 Shinhan Financial Group 130,866 7,423 Shinsegae 14,448 11,134 SK Energy 44,800 8,546 SK Gas 3,709 290 SK Holdings 17,045 3,563 SK Telecom 11,897 3,137 SK Telecom ADR 91,160 2,720 Woori Finance Holdings 3,140 63 Youngone 7,340 79 -------------- 230,873 -------------- TAIWAN -- 10.8% Acer 1,777,640 3,446 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Advanced Semiconductor Engineering 4,644,692 $ 4,627 Asustek Computer 1,145,272 3,408 AU Optronics 2,413,168 4,654 AU Optronics Sponsored ADR 23,730 456 Capital Securities 978,250 483 Catcher Technology 484,940 2,795 Cathay Financial Holding 3,930,213 8,121 Chi Mei Optoelectronics 1,565,000 2,176 China Development Financial Holding 5,849,000 2,297 China Motor 1,204,985 905 China Petrochemical Development* 219,000 83 China Steel 2,516,000 3,347 Chinatrust Financial Holding 9,503,947 6,706 Chunghwa Picture Tubes 54,000 18 Chunghwa Telecom 126,210 2,664 Chunghwa Telecom ADR 4,614,864 8,523 Compal Electronics 6,883,204 7,495 CTCI 561,550 394 Delta Electronics 2,193,077 7,426 Eastern Media International 1,270,000 431 Far Eastern Textile 1,696,372 1,972 Far EasTone Telecommunications 350,000 441 Farglory Land Development 200,000 488 First Financial Holding 5,559,872 4,090 Formosa Chemicals & Fibre 1,107,000 2,814 Fubon Financial Holding 1,893,000 1,670 Grand Pacific Petrochemical 859,000 293 High Tech Computer 168,997 3,095 HON HAI Precision Industry 2,355,281 14,517 InnoLux Display 27,035 90 InnoLux Display GDR (A)* 493,816 3,350 Inventec 1,858,650 1,068 Lite-On Technology 989,527 1,710 MediaTek 742,550 9,518 Mega Financial Holding 1,263,000 773 Mitac International 878,557 854 Nan Ya Plastic 2,534,000 6,659 Nan Ya Printed Circuit Board 105,203 713 Nien Hsing Textile 692,000 419 Powerchip Semiconductor 1,905,626 803 Powertech Technology 98,000 345 President Securities 967,725 538 Quanta Computer 3,029,115 4,274 Radiant Opto-Electronics 672,714 865 Siliconware Precision Industries 3,797,621 6,671 SinoPac Financial Holdings 5,426,230 2,024 Taiwan Cement 393,000 540 Taiwan Cooperative Bank 3,564,000 2,518 Taiwan Fertilizer 1,289,000 3,131 Taiwan Semiconductor Manufacturing 4,311,027 8,174 Taiwan Semiconductor Manufacturing ADR 479,980 4,781 Tatung 3,473,000 1,671 Teco Electric and Machinery 605,000 299 Tripod Technology 347,300 1,244 Tung Ho Steel Enterprise 604,000 990 U-Ming Marine Transport 384,000 1,049 United Microelectronics (D) 6,085,266 3,780 Vanguard International Semiconductor 2,100,000 1,561 Walsin Lihwa 2,001,000 818 Wistron 802,885 1,475 Yageo 2,520,440 878 Yang Ming Marine Transport 106,846 82 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Yuanta Financial Holding* 2,086,000 1,346 -------------- 174,846 -------------- THAILAND -- 1.7% Bangkok Bank 496,300 1,753 Bangkok Bank NVDR 71,000 247 Charoen Pokphand Foods 9,646,100 1,312 Italian-Thai Development 1,080,100 261 Kasikornbank 1,259,800 3,241 Krung Thai Bank 3,214,800 954 Land and Houses (B) 3,738,800 990 PTT 744,500 8,225 PTT NVDR 173,000 1,911 Siam Cement (B) 206,400 1,425 Siam Commercial Bank 1,163,200 2,970 Thai Airways International 657,000 762 Thai Airways International NVDR 368,800 428 Thai Oil* 652,600 1,658 Thai Union Frozen Products 845,800 563 Thoresen Thai Agencies 439,100 608 -------------- 27,308 -------------- TURKEY -- 2.0% Aygaz 78,000 347 Bossa Ticaret Sanayi Isletme 80,000 110 Cimsa Cimento Sanayi VE Tica 69,000 508 Eczacibasi Ilac Sanayi 135,206 598 Eregli Demir ve Celik Fabrikalari 60,000 526 Haci Omer Sabanci Holding 1,119,803 6,138 Kardemir Karabuk Demir Celik Sanayi ve Ticaret 675,160 793 KOC Holding 475,000 2,564 Petkim Petrokimya Holding 15,000 110 Petrol Ofisi 179,017 923 Sinpas Gayrimenkul Yatirim Ortakligi* 65,858 461 Tupras Turkiye Petrol Rafine 42,000 1,224 Turk Hava Yollari 52,000 381 Turk Sise ve Cam Fabrikalari 668,968 1,345 Turkcell Iletisim Hizmet 460,326 5,056 Turkcell Iletisim Hizmet ADR 16,700 460 Turkiye Garanti Bankasi 524,886 4,684 Turkiye Is Bankasi 864,881 5,402 Vestel Elektronik Sanayi 192,000 474 Yazicilar Holding 71,885 618 -------------- 32,722 -------------- UNITED ARAB EMIRATES -- 0.0% DP World* 358,600 437 -------------- UNITED KINGDOM -- 0.7% Anglo American 87,893 5,335 BHP Billiton (B) 71,639 2,174 Mondi 30,793 258 Vedanta Resources 80,907 3,282 -------------- 11,049 -------------- UNITED STATES -- 0.3% Central European Distribution* 15,400 895 - -------------------------------------------------------------------------------- Market Value Description Shares ($ Thousands) - -------------------------------------------------------------------------------- Lenovo Group (B) 4,222,000 3,707 -------------- 4,602 -------------- Total Common Stock (Cost $1,121,688) ($ Thousands) 1,507,323 -------------- PREFERRED STOCK -- 5.4% BRAZIL -- 5.4% ArcellorMittal Inox Brasil 22,200 $ 1,228 Banco Bradesco 69,000 2,208 Banco Itau Holding Financeira 65,400 1,672 Bradespar 53,100 1,420 Brasil Telecom 3,261 33 Brasil Telecom Participacoes 92,700 1,355 Braskem, Cl A 311,600 2,521 Centrais Eletricas Brasileiras, Cl B 254,944 3,287 Centrais Eletricas de Santa Catarina 15,300 365 Cia de Bebidas das Americas 3,000 217 Cia de Bebidas das Americas ADR 24,644 1,750 Cia de Tecidos do Norte de Minas - Coteminas 185,732 1,075 Cia Energetica de Minas Gerais 181,012 3,305 Cia Paranaense de Energia 236,092 3,555 Cia Vale do Rio Doce, Cl A 467,400 13,326 Eletropaulo Metropolitana de Sao Paulo 26,810,000 2,191 Inepar Industria e Construcoes 2,100 46 Investimentos Itau 1,105,542 7,298 Mangels Industrial 2,800 67 Metalurgica Gerdau 39,500 1,576 NET Servicos de Comunicacao* 407,300 4,965 Petroleo Brasileiro 391,100 19,423 Tam 173,785 4,164 Tele Norte Leste Participacoes 143,300 2,749 Telecomunicacoes de Sao Paulo 62,000 1,574 Telemar Norte Leste 102,600 3,948 Telemig Celular Participacoes 26,954 735 Uniao de Industrias Petroquimicas 298,000 300 Universo Online* 20,400 138 Usinas Siderurgicas de Minas Gerais, Cl A 2,550 117 -------------- 86,608 -------------- SOUTH KOREA -- 0.0% Hyundai Motor (Second Preferred) 14,140 516 -------------- Total Preferred Stock (Cost $56,070) ($ Thousands) 87,124 -------------- EQUITY LINKED WARRANTS -- 0.2% HONG KONG -- 0.0% China Overseas Land, Expires 08/27/08 * 238 110 -------------- RUSSIA -- 0.2% Sberbank, Expires 02/23/10 * 723 3,051 -------------- Total Equity Linked Warrants (Cost $1,302) ($ Thousands) 3,161 -------------- - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Equity Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Number of Rights -------------- RIGHTS -- 0.1% INDIA -- 0.1% Federal Bank , Expires 11/19/08 * 60 $ 131 Tata Iron & Steel, Expires 10/29/08 * 371 1,197 -------------- Total Rights (Cost $86) ($ Thousands) 1,328 -------------- DEBENTURE BOND -- 0.0% BRAZIL -- 0.0% Companhia Vale do Rio Doce* 0.000%, 09/30/49 8 -- -------------- Total Debenture Bond (Cost $0) ($ Thousands) -- -------------- CASH EQUIVALENTS **+ -- 5.7% UNITED STATES -- 5.7% SEI Daily Income Trust, Prime Obligation Fund, Cl A, 4.970% 543,654 544 SEI Liquidity Fund, LP, 4.980% (C) 91,587,246 91,587 -------------- Total Cash Equivalents (Cost $92,131) ($ Thousands) 92,131 -------------- Total Investments -- 104.3% (Cost $1,271,277) ($ Thousands) # $ 1,691,067 ============== Percentages are based on Net Assets of $1,620,542 ($ Thousands). * Non-Income Producing Security ** Rate shown is the 7-day effective yield as of December 31, 2007. + Investment in affiliated security (1) In U.S. dollars unless otherwise indicated. (A) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other "accredited investors". These securities have been determined to be liquid under guidelines established by the Board of Trustees. (B) This security or a partial position of this security is on loan at December 31, 2007. The total value of securities on loan at December 31, 2007 was $76,861 ($ Thousands). (C) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of December 31, 2007 was $91,587 ($ Thousands). (D) Security fair valued using methods determined in good faith by the Valuation Committee of the Board of Trustees. The total value of such securities as of December 31, 2007 was $7,173 ($ Thousands) and represents 0.44% of net assets. ADR -- American Depositary Receipt Cl -- Class EUR -- Euro GDR -- Global Depositary Receipt LP -- Limited Partnership NVDR -- Non-Voting Depositary Receipt PDR -- Philippine Depositary Receipt Ser -- Series Amounts designated as "--" are $0 or have been rounded to $0. # At December 31, 2007, the tax basis cost of the Fund's investments was $1,271,277 ($ Thousands), and the unrealized appreciation and depreciation were $443,617 ($ Thousands) and $(23,827) ($ Thousands), 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 or annual financial statements. - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- GLOBAL BONDS -- 62.9% AUSTRALIA -- 2.4% FMG Finance 9.750%, 09/01/13 350 $ 550 Government of Australia 8.750%, 08/15/08 1,900 1,690 7.500%, 09/15/09 3,043 2,700 6.500%, 05/15/13 1,905 1,669 5.750%, 04/15/12 9,075 7,685 Macquarie Bank MTN GBP 5.500%, 03/19/08 336 645 New S Wales Treasury 7.000%, 12/01/10 4,950 4,315 -------------- 19,254 -------------- AUSTRIA -- 0.4% Kommunalkredit Austria MTN 4.125%, 02/07/14 1,650 2,358 Telekom Finanzmanagement MTN 5.000%, 07/22/13 601 860 Wienerberger (A) 6.500%, 02/09/17 300 394 -------------- 3,612 -------------- BELGIUM -- 0.9% Kingdom of Belgium, Ser 31 5.500%, 03/28/28 3,387 5,454 Kingdom of Belgium, Ser 41 4.250%, 09/28/13 1,440 2,105 -------------- 7,559 -------------- BERMUDA -- 0.1% Seadrill (A) (B) 6.960%, 01/23/09 2,000 368 6.460%, 01/23/08 500 92 -------------- 460 -------------- BRAZIL -- 0.3% Federal Republic of Brazil 8.250%, 01/20/34 1,847 2,336 -------------- CANADA -- 1.5% Bell Canada MTN 5.000%, 02/15/17 270 226 Canada Housing Trust 4.400%, 03/15/08 591 599 Canada Treasury Bill 3.964%, 01/24/08 (D) 4,500 4,548 Government of Canada 5.000%, 06/01/37 2,000 2,341 4.000%, 06/01/17 3,200 3,245 YPG Holdings MTN 5.250%, 02/15/16 665 623 -------------- 11,582 -------------- CAYMAN ISLANDS -- 0.8% BES Finance Ltd (A) 5.580%, 07/02/14 265 365 Dar Al-Arkan International (A) 6.305%, 07/16/12 825 818 MUFG Capital Finance 2 (A) 4.850%, 07/25/16 1,481 1,816 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Mizuho Capital Investments (A) 5.020%, 06/30/11 1,000 $ 1,344 Resona Preferred Global Securities (A) (B) 7.191%, 07/30/49 443 440 Vale Overseas 6.875%, 11/21/36 301 304 Yorkshire Power Finance GBP 7.250%, 08/04/28 408 934 -------------- 6,021 -------------- CZECH REPUBLIC -- 0.2% Czech Republic Bond 6.550%, 10/05/11 25,000 1,481 -------------- DENMARK -- 2.0% Danica Pension 4.350%, 10/29/49 1,980 2,815 Danske Bank MTN (A) 5.875%, 03/26/15 540 802 Kingdom of Denmark DKK 4.000%, 11/15/17 10,025 1,895 Nykredit DKK 5.000%, 10/01/38 (A) 41,994 7,761 4.000%, 01/01/08 13,000 2,549 -------------- 15,822 -------------- FINLAND -- 0.3% Government of Finland 3.875%, 09/15/17 1,700 2,384 -------------- FRANCE -- 5.9% AXA MTN (A) 5.777%, 07/06/16 1,100 1,503 Caisse Nationale des Autoroutes 4.500%, 03/28/18 813 1,169 Caisse Refinancement de l'Habitat 4.250%, 10/25/14 332 475 Cie Financement Foncier 4.625%, 09/23/17 1,400 2,025 Cma Cgm Registered 5.500%, 05/16/12 170 225 Compagnie De St Gobain MTN (A) 4.695%, 04/11/12 350 494 Credit Agricole (London) MTN (A) 4.018%, 01/19/10 1,400 2,040 Dexia Municipal Agency 4.500%, 11/13/17 2,100 3,010 France Telecom MTN 4.375%, 02/21/12 150 212 Government of France 5.750%, 10/25/32 8,830 14,931 4.750%, 04/25/35 5,640 8,345 3.750%, 04/25/21 1,433 1,934 1.000%, 07/25/17 3,000 3,945 Imerys 5.000%, 04/18/17 200 270 Natixis MTN (A) 4.876%, 01/26/17 300 414 PPR MTN 4.000%, 01/29/13 1,000 1,351 Renault MTN 4.625%, 05/28/10 1,000 1,444 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Societe Generale 6.999%, 12/19/17 200 $ 296 Veolia Environnement MTN 5.875%, 06/27/08 1,740 2,555 -------------- 46,638 -------------- GERMANY -- 2.4% Bayer (A) 5.000%, 07/29/05 718 931 Bayer MTN 5.625%, 05/23/18 150 287 4.698%, 04/10/10 (A) 250 365 Bayerische Landesbank MTN (A) 4.500%, 02/07/19 1,000 1,334 Commerzbank MTN (A) 4.125%, 09/13/16 400 552 Deutsche Bundesrepublik 4.250%, 07/04/14 200 293 4.250%, 07/04/17 150 218 4.250%, 07/04/39 1,140 1,572 4.000%, 01/04/37 340 450 3.750%, 01/04/17 925 1,299 Henkel KgaA (A) 5.375%, 11/25/15 221 292 KFW 4.700%, 06/02/37 3,000 2,973 1.350%, 01/20/14 JPY 890,000 8,055 Munich Re (A) 5.767%, 06/29/49 350 481 -------------- 19,102 -------------- HUNGARY -- 0.9% Republic of Hungary 7.250%, 06/12/12 946,600 5,439 6.750%, 02/12/13 301,290 1,695 -------------- 7,134 -------------- IRELAND -- 1.1% Anglo Irish Bank MTN (A) 5.224%, 06/25/14 450 609 Ardagh Glass Group PIK 10.750%, 03/01/15 169 237 GE Capital Euro Funding MTN 4.375%, 03/30/11 400 578 GE Capital UK Funding MTN 5.125%, 03/03/15 1,875 3,581 Hypo Real International Trust I (A) 5.864%, 06/29/49 1,000 1,194 Irish Treasury 4.500%, 10/18/18 900 1,313 Saphir Finance MTN (A) 6.851%, 07/04/49 150 147 Transcapit (Transneft) Registered 5.381%, 06/27/12 600 855 -------------- 8,514 -------------- ITALY -- 3.0% Banca Italease MTN (A) 4.803%, 02/02/10 700 977 Banco Popolare Scarl MTN (A) 4.939%, 02/08/17 1,350 1,898 Buoni Poliennali Del Tesoro 5.750%, 02/01/33 4,170 6,802 4.000%, 02/01/37 6,600 8,257 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Ifil - Investments 5.375%, 06/12/17 200 $ 270 Sanpaolo IMI MTN 6.375%, 04/06/10 2,150 3,230 6.375%, 11/12/17 300 594 Unicredito Italiano MTN (A) 4.500%, 09/22/19 1,300 1,772 -------------- 23,800 -------------- JAPAN -- 13.0% Development Bank of Japan 2.300%, 03/19/26 110,000 1,014 1.600%, 06/20/14 470,000 4,318 East Japan Railway MTN GBP 4.750%, 12/08/31 1,000 1,815 Fukoku Mutual Life Insurance (A) EUR 4.500%, 09/28/25 500 654 Government of Japan 10 Year Bond, Ser 256 1.400%, 12/20/13 1,023,000 9,314 Government of Japan 10 Year Bond, Ser 268 1.500%, 03/20/15 1,495,700 13,643 Government of Japan 10 Year Bond, Ser 288 1.700%, 09/20/17 1,100,000 10,045 Government of Japan 15 Year Bond, Ser 35 (A) 0.500%, 07/20/20 375,000 3,159 Government of Japan 15 Year Bond, Ser 37 (A) 0.092%, 11/20/20 300,000 2,587 Government of Japan 15 Year Bond, Ser 39 1.220%, 03/20/21 349,000 3,140 Government of Japan 15 Year Bond, Ser 40 (A) 1.270%, 05/20/21 406,600 3,668 Government of Japan 20 Year Bond, Ser 48 2.500%, 12/21/20 268,000 2,615 Government of Japan 20 Year Bond, Ser 82 2.100%, 09/20/25 719,000 6,513 Government of Japan 30 Year Bond, Ser 20 2.500%, 09/20/35 64,000 593 Government of Japan 30 Year Bond, Ser 22 2.500%, 03/20/36 287,000 2,650 Government of Japan 30 Year Bond, Ser 27 2.500%, 09/20/37 125,000 1,155 Government of Japan CPI Linked Bond, Ser 10 1.100%, 12/10/16 1,650,000 14,854 Government of Japan CPI Linked Bond, Ser 13 1.300%, 09/10/17 746,600 6,791 Government of Japan CPI Linked Bond, Ser 5 0.800%, 09/10/15 498,988 4,423 Japan Finance for Municipal Enterprises 1.350%, 11/26/13 784,000 7,091 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Resona Bank (A) EUR 4.125%, 09/27/12 1,000 $ 1,319 Sumitomo Mitsui Banking 4.375%, 10/15/15 460 568 Sumitomo Mitsui Banking 5.625%, 10/15/15 (A) (B) 228 213 4.375%, 10/27/14 (A) EUR 830 1,191 -------------- 103,333 -------------- LUXEMBOURG -- 0.8% Basell AF SCA Registered 8.375%, 08/15/15 173 216 Gaz Capital (B) 6.212%, 11/22/16 230 221 Gaz Capital (Gazprom) MTN 6.580%, 10/31/13 150 287 Gazprom OAO 9.625%, 03/01/13 470 533 7.288%, 08/16/37 500 506 Glencore Finance 6.500%, 02/27/19 400 769 5.375%, 09/30/11 450 651 Telecom Italia MTN 7.250%, 04/20/11 2,050 3,145 Tyco International Group 6.000%, 11/15/13 331 340 -------------- 6,668 -------------- MEXICO -- 1.0% Mexican Bonos, Ser M10 7.250%, 12/15/16 84,000 7,244 Mexican Bonos, Ser MI10 9.000%, 12/20/12 10,000 953 -------------- 8,197 -------------- NETHERLANDS -- 6.0% ASML Holding 5.750%, 06/13/17 400 519 Adecco International Financial Services 4.500%, 04/25/13 1,200 1,676 Allianz Finance II (A) 6.125%, 05/31/22 1,000 1,485 Asset Repackaging Trust MTN, PIK 12.155%, 12/21/11 267 389 BMW Finance MTN 5.000%, 08/06/18 383 547 Bank Nederlandse Gemeenten MTN, Ser E 4.000%, 03/02/09 4,000 5,809 4.000%, 02/15/12 3,500 5,026 Boats Invest Netherlands MTN, PIK 11.000%, 03/31/17 250 365 Eureko (A) 5.125%, 06/24/15 450 609 Generali Finance (A) 5.479%, 02/08/17 450 610 Government of Netherlands 7.500%, 01/15/23 443 852 4.000%, 07/15/16 12,530 17,854 ING Bank MTN 5.500%, 01/04/12 556 826 ING Groep MTN (A) 4.176%, 06/29/49 382 483 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- ING Verzekeringen (A) 6.250%, 06/21/21 1,000 $ 1,495 Iberdrola International MTN 4.875%, 02/18/13 800 1,149 Koninklijke Philips Electronic 5.750%, 05/16/08 513 752 Linde Finance (A) 8.125%, 07/14/66 375 780 Rabobank Nederland MTN (E) 4.125%, 04/04/12 4,000 5,716 Siemens Financieringsmat (A) 6.125%, 09/14/66 275 512 -------------- 47,454 -------------- NEW ZEALAND -- 0.5% Westpac New Zealand 7.750%, 03/08/10 5,000 3,732 -------------- NORWAY -- 1.6% DDI Holding 10.000%, 03/15/12 2,000 373 Eksportfinans MTN 4.375%, 09/20/10 1,815 2,644 Government of Norway 6.000%, 05/16/11 22,700 4,351 4.250%, 05/19/17 4,080 727 Norwegian Treasury Bill (D) 4.717%, 03/19/08 16,828 3,069 Petrojack (A) (B) 11.970%, 05/30/12 2,000 378 Petrolia Drilling (B) 10.750%, 02/14/11 2,000 390 Sevan Drilling (A) (B) 10.940%, 12/07/12 2,000 368 Sinvest (A) (B) 11.990%, 12/22/09 1,000 189 -------------- 12,489 -------------- PANAMA -- 0.1% Republic of Panama 9.375%, 04/01/29 879 1,202 -------------- PERU -- 0.2% Republic of Peru 7.350%, 07/21/25 1,094 1,247 -------------- PHILIPPINES -- 0.2% Republic of Philippines 8.875%, 03/17/15 158 187 8.250%, 01/15/14 969 1,091 -------------- 1,278 -------------- POLAND -- 1.6% Republic of Poland 6.250%, 10/24/15 5,190 2,141 6.000%, 05/24/09 3,129 1,268 5.000%, 10/24/13 16,350 6,316 4.750%, 04/25/12 8,000 3,088 -------------- 12,813 -------------- RUSSIA -- 0.4% Ministry Finance of Russia, Ser V 3.000%, 05/14/08 1,162 1,153 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- RS Finance (RSB) 6.825%, 09/16/09 300 $ 403 Russian Federation Registered (C) 7.500%, 03/31/08 1,168 1,338 -------------- 2,894 -------------- SINGAPORE -- 0.7% Government of Singapore 3.750%, 09/01/16 7,963 5,980 -------------- SOUTH AFRICA -- 0.7% Foodcorp Registered 8.875%, 06/15/12 330 466 Republic of South Africa 13.000%, 08/31/10 25,000 3,961 5.875%, 05/30/22 1,195 1,171 -------------- 5,598 -------------- SPAIN -- 0.3% BBVA International Preferred Uniperson (A) 3.798%, 09/29/49 1,000 1,227 Banco Sabadell (A) 5.234%, 09/29/49 500 610 S Finance Preferred Uniperson (A) 7.005%, 07/29/49 150 292 Santander Issuances, MTN (A) 5.005%, 07/25/17 250 350 -------------- 2,479 -------------- SUPRA-NATIONAL -- 1.6% European Investment Bank EUR 1.400%, 06/20/17 1,316,000 11,692 International Finance 11.000%, 07/01/09 8,080 1,184 -------------- 12,876 -------------- SWEDEN -- 0.8% Kingdom of Sweden, Ser 1043 5.000%, 01/28/09 7,025 1,096 Kingdom of Sweden, Ser 1046 5.500%, 10/08/12 18,975 3,096 Svenska Handelsbanken MTN (A) 4.194%, 12/29/49 467 588 Svenska Handelsbanken MTN, Ser 182 (A) 4.855%, 10/19/17 500 697 Swedbank MTN (A) GBP 5.750%, 03/17/16 420 778 -------------- 6,255 -------------- SWITZERLAND -- 0.3% Bombardier 7.250%, 11/15/16 400 585 UBS MTN, Ser 3156 (A) 4.730%, 11/17/15 500 711 UBS 5.875%, 12/20/17 800 810 -------------- 2,106 -------------- UNITED ARAB EMIRATES -- 0.8% Emirate of Abu Dhabi (B) 5.500%, 08/02/12 3,000 3,067 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Nakheel Development 3.173%, 12/14/09 1,285 $ 1,346 National Bank of Abu Dhabi 5.875%, 02/27/12 950 1,865 -------------- 6,278 -------------- UNITED KINGDOM -- 5.5% AIB UK 1 (A) EUR 4.781%, 12/17/49 194 229 Abbey National Treasury Services 5.375%, 12/30/09 389 774 Abbey National Treasury Services MTN 4.250%, 04/12/21 1,850 2,475 Alliance & Leicester MTN 4.750%, 03/01/11 322 600 4.250%, 12/30/08 540 1,038 Anglian Water Services Financial MTN 5.250%, 10/30/15 280 544 4.625%, 10/07/13 1,450 2,047 Anglian Water Services Financial, Ser A5 6.293%, 07/30/30 500 1,055 Bank of Ireland Holdings MTN, Ser 1 (A) 7.400%, 12/29/49 350 525 Bank of Scotland MTN 6.375%, 04/03/08 267 532 4.750%, 06/08/22 1,775 2,477 Barclays Bank MTN 5.750%, 09/14/26 274 521 British Telecommunications 5.750%, 12/07/28 111 204 Brixton + 5.250%, 10/21/15 280 527 Chester Asset Receivables EUR 6.125%, 10/15/10 2,160 3,261 FCE Bank MTN (A) 5.765%, 09/30/09 500 665 FCE Bank MTN EUR 7.125%, 01/15/13 500 610 Friends Provident (A) 6.875%, 11/21/19 413 780 Getin Finance MTN (A) 6.589%, 05/13/09 200 284 Green King Finance, Ser B1 5.702%, 12/15/34 70 135 HBOS (A) EUR 6.051%, 11/23/11 405 586 HBOS MTN (A) EUR 5.125%, 10/29/49 386 506 4.875%, 03/29/49 1,000 1,326 Hammerson + 5.250%, 12/15/16 280 500 Ineo's Group Holdings EUR 7.875%, 02/15/16 111 137 Lehman Brothers Capital Fund III (A) EUR 3.875%, 02/28/49 450 594 Lloyds TSB Bank (A) EUR 6.350%, 10/29/49 391 571 Lloyds TSB Bank MTN 6.625%, 03/30/15 214 438 MBNA Europe Funding MTN EUR 4.500%, 01/23/09 558 815 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Marks & Spencer MTN 5.625%, 03/24/14 268 $ 514 National Westminster Bank 6.500%, 09/07/21 220 450 Northern Rock (B) 5.625%, 06/22/17 2,550 2,581 Northumbrian Water Finance 6.000%, 10/11/17 500 1,011 Novae Group 8.375%, 04/27/17 100 185 Old Mutual MTN (A) 4.500%, 01/18/17 450 617 Rexam MTN 4.375%, 03/15/13 400 554 Royal Bank of Scotland Capital Trust A (A) 6.467%, 06/30/12 400 584 Royal Bank of Scotland Group (A) 7.648%, 08/31/49 225 232 Southern Gas Network MTN, Ser A1 (A) 4.893%, 10/21/10 50 73 Standard Chartered Bank MTN (A) 3.625%, 02/03/17 400 539 United Kingdom Treasury 8.750%, 08/25/17 600 1,581 5.000%, 03/07/12 125 255 5.000%, 03/07/18 650 1,346 4.500%, 12/07/42 1,725 3,568 4.250%, 12/07/46 1,100 2,183 Vodafone Group MTN 5.900%, 11/26/32 276 526 Vodafone Group MTN EUR 4.250%, 05/27/09 1,218 1,768 W&DB Issuer, Ser B1 (A) 5.641%, 07/15/35 60 116 Zurich Finance MTN (A) 6.625%, 10/30/49 260 508 -------------- 43,947 -------------- UNITED STATES -- 4.6% BA Covered Bond Issuer MTN EUR 4.125%, 04/05/12 3,100 4,417 BNP Paribas Capital Trust III (A) EUR 6.625%, 12/29/49 1,000 1,492 Banca Poparle Bergamo Capital Trust (A) EUR 8.364%, 12/29/49 475 732 Banca Popolare Lodi Trust (A) EUR 6.742%, 06/29/49 955 1,324 Bear Stearns 7.625%, 12/07/09 493 507 3.250%, 03/25/09 721 698 CIT Group MTN GBP 5.500%, 12/15/08 416 805 Cablevision Systems, Ser B 8.000%, 04/15/12 235 228 Chesapeake Energy EUR 6.250%, 01/15/17 400 547 Cit Group MTN 5.125%, 09/30/14 75 66 Citigroup 5.000%, 09/15/14 5 5 Citigroup (A) EUR 4.750%, 02/10/19 1,000 1,356 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Commerzbank Cap Fund Trust EUR 5.012%, 03/29/49 350 $ 453 Countrywide Financial MTN 5.800%, 06/07/12 677 495 Countrywide Home Loan MTN, Ser L 4.000%, 03/22/11 9 6 Credit Suisse First Boston 3.875%, 01/15/09 646 641 DaimlerChrysler MTN EUR 4.375%, 03/16/10 400 577 DirecTV Holdings 6.375%, 06/15/15 232 223 Dubai Islamic Bank (A) 5.214%, 03/22/12 1,050 1,045 Dynegy Holdings 8.375%, 05/01/16 230 225 Electronic Data Systems, Ser B 6.500%, 08/01/13 474 479 Fisher Scientific International 6.750%, 08/15/14 107 110 6.125%, 07/01/15 71 70 General Motors EUR 8.375%, 07/05/33 200 227 Genworth Financial JPY 1.600%, 06/20/11 89,000 807 Goldman Sachs Group 7.350%, 10/01/09 283 296 5.125%, 10/16/14 700 985 3.875%, 01/15/09 328 325 Goldman Sachs Group (A) EUR 4.898%, 02/04/13 450 628 HSBC Finance MTN EUR 4.875%, 05/30/17 500 679 HSBC Finance MTN GBP 6.125%, 01/22/10 334 665 JP Morgan Chase Bank (A) EUR 4.625%, 05/29/17 500 689 JP Morgan Chase Capital XXV, Ser Y 6.800%, 10/01/37 340 328 L-3 Communications, Ser B 6.375%, 10/15/15 100 98 Lehman Brothers Holdings MTN (A) EUR 4.250%, 09/26/16 450 600 MGM Mirage 6.750%, 09/01/12 595 579 Morgan Stanley MTN 5.450%, 01/09/17 800 776 Morgan Stanley MTN EUR 3.750%, 03/01/13 1,000 1,323 Pfizer JPY 1.800%, 02/22/16 110,000 997 Procter & Gamble 5.125%, 10/24/17 200 291 Qwest Communication 7.625%, 06/15/15 560 570 Qwest Communications International 7.500%, 02/15/14 335 334 Reynolds American 7.625%, 06/01/16 377 401 7.300%, 07/15/15 195 203 7.250%, 06/01/12 572 604 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- SLM (A) EUR 5.148%, 12/15/10 300 $ 403 5.098%, 06/15/09 150 210 Schering-Plough EUR 5.375%, 10/01/14 350 502 Sprint Capital 8.750%, 03/15/32 203 229 Tyson Foods 8.250%, 10/01/11 991 1,077 Unicredito Ital Cap Trust (A) EUR 4.028%, 10/27/15 800 980 Wal-Mart Stores 3.375%, 10/01/08 615 611 Wal-Mart Stores GBP 4.875%, 01/19/39 238 421 Washington Mutual 4.200%, 01/15/10 50 45 Washington Mutual Bank MTN, Ser G EUR 4.500%, 01/17/17 1,000 1,040 Western Union 5.930%, 10/01/16 1,538 1,535 Windstream 8.625%, 08/01/16 220 232 -------------- 36,191 -------------- Total Global Bonds (Cost $477,349) ($ Thousands) 498,716 -------------- MORTGAGE-BACKED SECURITIES -- 9.4% BELGIUM -- 0.4% B-Arena, Ser 2006-1, Cl A (A) 4.753%, 04/22/44 2,000 2,874 -------------- IRELAND -- 0.2% Immeo Residential Finance, Ser 2, Cl A (A) 4.305%, 12/15/16 500 715 Talisman Finance, Ser 7, Cl H (A) 6.452%, 04/22/17 500 639 -------------- 1,354 -------------- JAPAN -- 0.0% JLOC, Ser 37X, Cl B1 (A) 1.151%, 01/15/15 20,000 178 -------------- NETHERLANDS -- 0.7% Beluga Master Issuer, Ser 2006-1, Cl A2 (A) 4.743%, 04/28/99 2,500 3,627 Saecure, Ser 5, Cl A (A) 4.777%, 05/25/42 1,235 1,776 Skyline, Ser 2007-1, Cl D (A) 5.463%, 07/22/43 200 267 -------------- 5,670 -------------- UNITED KINGDOM -- 1.2% Arkle Master Issuer, Ser 2006-1X, Cl 2C (A) 4.930%, 02/17/52 350 503 Canary Wharf Finance, Ser II, Cl C2 (A) 6.224%, 10/22/37 200 364 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Gracechurch Mortgage Financing, Ser 2006-1, Cl C3 (A) 4.854%, 11/20/56 250 $ 343 Gracechurch Mortgage Financing, Ser 2007-1X, Cl 2D2 (A) 4.974%, 11/20/56 400 548 Gracechurch Mortgage Financing, Ser 2007-1X, Cl 3A2 (A) 4.674%, 11/20/56 2,000 2,877 Granite Master Issuer, Ser 2006-2, Cl A5 (A) 4.753%, 12/20/54 1,000 1,422 Permanent Financing, Ser 7, Cl 3B (A) 5.004%, 06/10/42 2,500 3,573 -------------- 9,630 -------------- UNITED STATES -- 6.9% Arran Residential Mortgages Funding, Ser 2006-1x, Cl BC (A) 4.731%, 04/12/56 500 716 BCAP Trust, Ser 2007-AA1, Cl 1A1 (A) 4.965%, 02/25/47 2,243 2,188 Banc of America Commercial Mortgage Securities, Ser 2007-5, Cl A4 5.492%, 10/10/17 1,200 1,207 Banc of America Commercial Mortgage Securities, Ser 2006-6, Cl A2 5.309%, 10/10/45 2,680 2,691 Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-6, Cl 3A (A) 5.431%, 09/25/34 574 565 Bear Stearns Adjustable Rate Mortgage Trust, Ser 2006-2, Cl 2A1 (A) 5.650%, 07/25/36 934 934 Bear Stearns Commercial Mortgage Securities, Ser 2006-PW14, Cl A4 5.201%, 12/11/38 2,775 2,747 Citigroup Mortgage Loan Trust, Ser 2005-2, Cl 1A4 (A) 5.109%, 05/25/35 2,585 2,571 Countrywide Alternative Loan Trust, Ser 2006-43CB, Cl 1A7 6.000%, 01/31/37 3,886 3,862 Countrywide Alternative Loan Trust, Ser 2006-OC8, Cl 2A1A (A) 4.955%, 11/25/36 2,176 2,130 Countrywide Home Loans, Ser 2003-56, Cl 5A1 (A) 4.781%, 12/25/33 603 586 Credit Suisse First Boston Mortgage Securities, Ser 2002-CKS4, Cl A2 5.183%, 11/15/36 1,930 1,954 Credit Suisse First Boston Mortgage Securities, Ser 2003-CKS4, Cl A1 4.485%, 11/15/36 1,699 1,691 Credit Suisse Mortgage Capital, Ser 2006-C5 Cl A3 5.311%, 12/15/39 1,215 1,211 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Deutsche Alt-A Securities, Ser 2007-BAR1, Cl A1 (A) 4.945%, 03/25/37 1,912 $ 1,893 FHLMC 6.750%, 03/15/31 2,900 3,634 FNMA TBA 5.500%, 01/17/18 to 07/01/37 2,303 2,332 GSR Mortgage Loan Trust, Ser 2005-AR1, Cl 4A1 (A) 5.133%, 01/25/35 668 654 GSR Mortgage Loan Trust, Ser 2007-AR2, Cl 2A1 (A) 5.517%, 05/25/37 3,037 3,052 JP Morgan Chase Commercial Mortgage, Ser 2005-LDP5, Cl A4 (A) 5.344%, 12/15/44 1,220 1,215 JP Morgan Mortgage Trust, Ser 2004-A5, Cl 3A1 (A) 5.317%, 12/25/34 689 683 LB-UBS Commercial Mortgage Trust, Ser 2007-C6, Cl A4 (A) 5.858%, 07/15/17 1,310 1,355 LB-UBS Commercial Mortgage Trust, Ser 2007-C7, Cl A1A 4.475%, 10/15/29 2,917 2,880 Morgan Stanley Capital I, Ser 2006- IQ12, Cl A4 5.332%, 12/15/43 2,560 2,556 Morgan Stanley Capital I, Ser 2007- IQ16, Cl A4 5.809%, 12/12/49 1,300 1,329 Morgan Stanley Capital, Ser 2007- HQ13, Cl A3 5.569%, 12/15/44 1,150 1,155 Prudential Securities, Ser 2000-CA, Cl A2 (A) 7.727%, 05/17/32 2,489 2,611 Salomon Brothers Mortgage Securities, Ser 2000-C1, Cl A2 (A) 7.520%, 12/18/09 2,456 2,554 Washington Mutual Mortgage Pass- Through Certificates, Ser 2006- AR10, Cl 3A2 (A) 6.089%, 08/25/46 445 443 Washington Mutual Mortgage Pass- Through Certificates, Ser 2006- AR1E, Cl 3A2 (A) 5.543%, 01/25/37 1,120 1,093 Washington Mutual Mortgage Pass- Through Certificates, Ser 2007- HY1, Cl 3A2 (A) 5.883%, 02/25/37 423 417 -------------- 54,909 -------------- Total Mortgage-Backed Securities (Cost $73,241) ($ Thousands) 74,615 -------------- ASSET-BACKED SECURITIES -- 6.6% FRANCE -- 0.5% Auto Compartiment, Ser 2007-1, Cl A (A) 3.919%, 02/25/19 2,500 3,583 FCC Sparc, Ser 2005-1, Cl B (A) 4.579%, 07/15/11 400 572 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- FCC Sparc, Ser 2007-1, Cl D (A) 6.776%, 07/15/08 100 $ 144 -------------- 4,299 -------------- GERMANY -- 0.1% Prime Bricks, Ser 2007-1, Cl B (A) 4.905%, 01/30/40 350 501 Prime Bricks, Ser 2007-1, Cl C (A) 5.105%, 01/30/40 100 140 -------------- 641 -------------- IRELAND -- 0.1% Mermaid Secured Finance, Ser 2007-1, Cl C (A) 4.545%, 01/30/40 100 143 Mermaid Secured Finance, Ser 2007-1, Cl D (A) 4.745%, 01/30/40 100 140 Red & Black Consumer, Ser 2006-1 Cl C 4.775%, 05/15/21 600 873 -------------- 1,156 -------------- JERSEY -- 0.1% Whinstone Capital Management, Ser 1X, Cl B1 (A) 7.172%, 10/25/45 311 502 -------------- LUXEMBOURG -- 0.4% Geldilux, Ser 2005-TS, Cl 1A (A) 4.738%, 12/10/12 2,000 2,918 -------------- NETHERLANDS -- 1.3% Amstel Corporate Loan Offering, Ser 2007-1, Cl A2 (A) 4.954%, 03/25/17 1,000 1,440 Lambda Finance, Ser 2005-1X, Cl A2 (A) 4.815%, 11/15/29 1,500 2,135 Shield, Ser 1, Cl A (A) 4.823%, 01/20/14 2,500 3,597 Storm, Ser 2006-1, Cl A2 (A) 4.763%, 04/22/48 2,500 3,586 -------------- 10,758 -------------- SPAIN -- 0.4% FTA Santander Auto, Ser 1, Cl A (A) 4.736%, 11/25/21 1,607 2,332 Santander Consumer Finance, Ser 2007-1, Cl A (A) 4.271%, 09/20/22 500 717 -------------- 3,049 -------------- UNITED KINGDOM -- 0.5% Metrix Funding, Ser 1X, Cl A2 (A) 4.789%, 02/10/19 2,500 3,630 -------------- UNITED STATES -- 3.2% Chase Issuance Trust, Ser 2007-A17 Cl A 5.120%, 10/15/12 1,400 1,434 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Chase Manhattan Auto Owner Trust, Ser 2005-B, Cl A4 4.880%, 06/15/12 3,230 $ 3,234 Citibank Credit Card Issurance Trust, Ser A4, Cl A4 EUR 5.375%, 04/10/13 1,900 2,809 Countrywide Asset-Backed Certificates, Ser 2007-2, Cl 2A1 (A) 4.915%, 03/14/37 2,651 2,584 Ford Credit Auto Owner Trust, Ser 2006-B, Cl A2B (A) 4.256%, 07/15/09 916 916 Ford Credit Auto Owner Trust, Ser 2006-C, Cl A3 5.160%, 11/15/10 2,215 2,230 Home Equity Asset Trust, Ser 2007- 2 Cl 2a1 4.975%, 07/25/37 985 937 Peco Energy Transition Trust, Ser A, Cl A1 6.520%, 12/31/10 2,600 2,757 SLM Student Loan Trust, Ser 2, Cl A5 (A) EUR 4.810%, 01/22/08 1,000 1,436 Soundview Home Loan Equity Trust, Ser 2007-NS1, Cl A1 (A) 4.985%, 01/25/08 1,904 1,856 Structured Asset Investment Loan Trust, Ser 2006-BNC3, Cl A2 (A) 4.905%, 09/25/36 1,490 1,456 USAA Auto Owner Trust, Ser 2006- 4, Cl A3 5.010%, 06/15/11 3,105 3,119 Wells Fargo Home Equity, Ser 2006-2, Cl A1 (A) 4.935%, 01/25/08 1,066 1,053 -------------- 25,821 -------------- Total Asset-Backed Securities (Cost $50,381) ($ Thousands) 52,774 -------------- CORPORATE OBLIGATIONS -- 3.4% UNITED STATES -- 3.4% AT&T 6.500%, 09/01/37 650 680 Altria Group 7.750%, 01/15/27 705 908 Autonation (A) (B) 7.374%, 01/15/08 44 41 Bear Stearns MTN 6.950%, 08/10/12 995 1,023 CSC Holdings, Ser B 8.125%, 07/15/09 65 66 Capital One Bank 4.250%, 12/01/08 521 510 Citicorp MTN 6.375%, 11/15/08 111 112 Comcast 6.950%, 08/15/37 1,060 1,146 Comcast Cable Communication 6.200%, 11/15/08 251 253 Countrywide Financial 6.250%, 05/15/16 288 166 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Embarq 7.082%, 06/01/16 1,783 $ 1,837 First Data 7.634%, 09/24/14 400 380 Ford Motor Credit 6.625%, 06/16/08 365 360 4.950%, 01/15/08 119 119 Freeport-McMorRan Copper & Gold 8.250%, 04/01/15 225 238 Hertz (B) 8.875%, 01/01/14 221 224 ILFC E-Capital Trust I (A) (B) 5.900%, 06/21/08 150 148 JP Morgan Chase 6.000%, 01/15/18 3,025 3,078 JPMorgan Chase MTN (A) 4.934%, 12/22/08 4,000 3,991 4.375%, 11/12/19 1,000 1,321 Kraft Foods 6.500%, 08/11/17 510 525 Lehman Brothers Holdings 6.500%, 07/19/17 197 200 Liberty Mutual Group (B) 7.800%, 03/15/37 315 280 Limited Brands 5.250%, 11/01/14 935 839 MGM Mirage 8.375%, 02/01/11 211 216 Merrill Lynch 6.050%, 05/16/16 231 227 Merrill Lynch MTN, Ser C 4.125%, 01/15/09 645 637 Mirant Americas 8.500%, 10/01/21 399 366 Motorola 7.500%, 05/15/25 85 90 6.500%, 09/01/25 531 516 NRG Energy 7.375%, 02/01/16 225 219 Nextel Communications, Ser E 6.875%, 10/31/13 1,012 997 Reliant Energy 7.875%, 06/15/17 225 223 7.625%, 06/15/14 175 173 SLM MTN 5.050%, 11/14/14 1,392 1,203 Sara Lee 6.250%, 09/15/11 448 465 Starwood Hotels & Resorts 7.375%, 11/15/15 1,194 1,233 US Steel 6.050%, 06/01/17 615 578 Union Carbide 7.750%, 10/01/96 910 953 Wachovia Capital Trust III (A) 5.800%, 03/15/11 385 344 Williams 7.875%, 09/01/21 207 229 Xerox 7.625%, 06/15/13 210 219 -------------- Total Corporate Obligations (Cost $27,225) ($ Thousands) 27,333 -------------- - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 - -------------------------------------------------------------------------------- Shares/Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- PREFERRED STOCK -- 0.7% UNITED STATES -- 0.7% Fannie Mae, 8.250% 88,000 $ 2,266 Freddie Mac, 8.375% 75,000 1,961 Wachovia, 8.000% 44,000 1,113 -------------- Total Preferred Stock (Cost $5,175) ($ Thousands) 5,340 -------------- U.S. GOVERNMENT AGENCY OBLIGATION -- 0.4% FHLB (D) 4.231%, 02/01/08 3,300 3,288 -------------- Total U.S. Government Agency Obligation (Cost $3,289) ($ Thousands) 3,288 -------------- TIME DEPOSITS -- 8.3% UNITED STATES -- 8.3% ABS (London) 4.680%, 01/11/08 16,849 16,849 Lloyds TSB (London) 5.040%, 02/05/08 16,910 16,910 Royal Bank of Canada (London) 4.550%, 01/04/08 16,835 16,835 Royal Bank of Scotland (London) 4.890%, 02/13/08 14,879 14,879 -------------- Total Time Deposits (Cost $65,473) ($ Thousands) 65,473 -------------- LOAN PARTICIPATIONS -- 1.1% UNITED STATES -- 1.1% Aramark Term Loan GBP 8.082%, 01/26/14 299 556 Beverly Enterprises Term Loan 8.070%, 07/24/11 342 336 Boston Generating Term Loan 7.610%, 12/22/13 747 676 Cablevision, Ser B Term Loan 7.122%, 03/14/13 494 466 Education Management Term Loan 7.875%, 05/26/13 743 705 Ford Motor Company Term Loan 8.360%, 11/29/13 744 688 Lear Term Loan 7.867%, 04/25/12 820 794 London Arena & Waterfront Term Loan 8.853%, 01/31/12 1,182 1,158 Momentive Performance Term Loan 7.625%, 12/04/13 995 956 Peach Holding Term Loan 9.110%, 11/21/13 590 560 TP Generation Holdings Term Loan 9.610%, 12/15/14 500 478 Targus Group Term Loan 8.870%, 11/22/12 495 448 United Subcontractors Term Loan 8.360%, 12/27/12 708 588 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Wimar Opco Term Loan 7.610%, 01/03/11 488 $ 486 -------------- Total Loan Participations (Cost $9,441) ($ Thousands) 8,895 -------------- U.S. TREASURY OBLIGATIONS -- 0.5% U.S. Treasury Inflationary Index Notes 2.000%, 01/15/16 3,589 3,684 -------------- Total U.S. Treasury Obligations (Cost $3,528) ($ Thousands) 3,684 -------------- Total Investments -- 93.3% # (Cost $715,102) ($ Thousands) $ 740,118 ============== - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 A summary of the outstanding forward foreign currency contracts held by the Fund at December 31, 2007, is as follows:
- ---------------------------------------------------------------------------------------------- UNREALIZED CURRENCY CURRENCY APPRECIATION/ MATURITY TO DELIVER TO RECEIVE (DEPRECIATION) DATE (THOUSANDS) (THOUSANDS) ($ THOUSANDS) - ---------------------------------------------------------------------------------------------- 1/4/08 CZK 26,764 USD 1,499 $ 28 1/4/08-1/23/08 EUR 196,335 USD 285,118 (1,979) 1/4/08-1/23/08 NOK 37,522 USD 6,921 12 1/4/08-1/23/08 USD 28,695 EUR 19,714 134 1/4/08-1/23/08 USD 14,016 GBP 6,873 (342) 1/4/08-1/24/08 CAD 22,575 USD 22,802 (80) 1/4/08-1/29/08 AUD 25,109 USD 22,485 465 1/4/08-1/30/08 GBP 22,489 USD 45,876 1,134 1/4/08-2/7/08 SEK 45,098 USD 7,050 70 1/4/08-2/14/08 MXP 123,398 USD 11,280 (1) 1/4/08-3/5/08 PLN 35,759 USD 14,327 (209) 1/4/08-6/11/08 JPY 20,419,755 USD 183,343 (171) 1/4/08-6/11/08 USD 39,341 JPY 4,404,645 247 1/7/08 USD 360 ZAR 2,459 (1) 1/7/08-1/23/08 ZAR 36,556 USD 5,331 (4) 1/11/08 CHF 1,135 EUR 685 (2) 1/11/08-1/22/08 EUR 4,536 CHF 7,536 29 1/11/08-1/23/08 USD 5,700 AUD 6,554 49 1/11/08-1/24/08 USD 11,252 CAD 11,167 68 1/11/08-1/29/08 EUR 4,833 SEK 45,324 (53) 1/11/08-1/29/08 SEK 20,366 EUR 2,184 42 1/11/08-5/13/08 GBP 18,953 JPY 4,335,000 1,469 1/11/08-6/11/08 AUD 10,933 JPY 1,090,000 278 1/11/08-6/11/08 CHF 22,100 GBP 9,306 (1,096) 1/11/08-6/11/08 CHF 12,000 NZD 13,953 (3) 1/11/08-6/11/08 CHF 43,230 USD 37,304 (1,028) 1/11/08-6/11/08 GBP 9,387 CHF 22,100 935 1/11/08-6/11/08 JPY 1,220,000 AUD 12,306 (269) 1/11/08-6/11/08 JPY 5,149,000 GBP 22,433 (1,906) 1/11/08-6/11/08 NZD 10,870 CHF 9,400 18 1/11/08-6/11/08 USD 26,208 CHF 30,445 782 1/14/08 SGD 8,604 USD 5,936 (48) 1/14/08 USD 1,044 SGD 1,500 -- 1/23/08 DKK 68,488 USD 13,042 (394) 1/23/08 NZD 4,992 USD 3,817 (14) 1/23/08 USD 1,045 DKK 5,265 (12) 1/23/08 USD 2,844 MXP 30,714 (34) 1/23/08 USD 3,557 NOK 19,394 14 1/23/08 USD 102 NZD 134 1 1/23/08 USD 111 SEK 711 (1) 1/25/08 AUD 3,005 NZD 3,421 (11) 1/25/08 HUF 510,081 PLN 7,310 26
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007
UNREALIZED CURRENCY CURRENCY APPRECIATION / MATURITY TO DELIVER TO RECEIVE (DEPRECIATION) DATE (THOUSANDS) (THOUSANDS) ($ THOUSANDS) - ---------------------------------------------------------------------------------------------- 1/25/08 NZD 4,235 AUD 3,550 $ (136) 1/25/08 PLN 1,335 HUF 93,805 (1) 1/28/08 EUR 3,385 JPY 554,622 29 2/6/08 EUR 970 NOK 7,769 11 2/15/08 HUF 1,291,844 USD 7,447 (6) 2/21/08 USD 189 PLN 460 (2) ----------------- $ (1,962) =================
A summary of the open futures contracts held by the Fund at December 31, 2007, is as follows:
- ------------------------------------------------------------------------------------ UNREALIZED NUMBER OF APPRECIATION/ TYPE OF CONTRACTS EXPIRATION (DEPRECIATION) CONTRACT LONG (SHORT) DATE ($ THOUSANDS) - ------------------------------------------------------------------------------------ Canadian 10-Year Bond 54 Mar-2008 $ (30) Euro-Bobl 151 Mar-2008 (307) Euro-Bund 138 Mar-2008 (448) Euro-Schatz 122 Mar-2008 (105) Long Gilt 10-Year Bond 22 Mar-2008 5 U.S. 10-Year Note (150) Mar-2008 (17) U.S. 10-Year Note (231) Mar-2008 (67) U.S. 2-Year Note (125) Jan-2008 (415) U.S. 2-Year Note (40) Mar-2008 (7) U.S. 5-Year Note (47) Mar-2008 (10) U.S. 5-Year Note (176) Mar-2008 87 U.S. Long Treasury Bond 23 Mar-2008 (41) U.S. Long Treasury Bond (5) Mar-2008 (8) --------------- $ (1,363) ===============
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 A summary of outstanding swap agreements held by the Fund at December 31, 2007, is as follows:
- ------------------------------------------------------------------------------------------------------------------------ TOTAL RETURN SWAP - ------------------------------------------------------------------------------------------------------------------------ UNREALIZED NOTIONAL APPRECIATION / EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------ Receive payment on the monthly reset spread from Lehman Global Aggregate Ex USD RBI Basket Series 1 Index plus 11 basis points times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Lehman Brothers) 02/01/08 87,339 $ (401) ==============
- ------------------------------------------------------------------------------------------------------------------------ INTEREST RATE SWAPS - ------------------------------------------------------------------------------------------------------------------------ UNREALIZED NOTIONAL APPRECIATION / EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------ Pays a fixed rate of 4.269% and receives a floating rate based on the 3 Month Canadian LIBOR quarterly. (Counterparty: JPMorgan Chase) 03/22/12 CAD 15,000 $ 91 Pays a fixed rate of 4.196% and receives a floating rate based on the 6 Month Euribor semi-annually. (Counterparty: JPMorgan Chase) 03/30/12 EUR 3,000 58 Receives a fixed rate of 5.499% and pays a floating rate based on the 6 Month GBP LIBOR semi-annually. (Counterparty: Deutsche Bank) 03/22/12 GBP 6,000 136 Receives a fixed rate of 5.496% and pays a floating rate based on the 6 Month Sterling Libor semi-annually. (Counterparty: Deutsche Bank) 12/17/09 GBP 4,000 28 Receives a fixed rate of 1.285% and pays a floating rate based on the 6 Month Yen LIBOR semi-annually. (Counterparty: JPMorgan Chase) 03/26/12 JPY 2,600,000 209
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007
UNREALIZED NOTIONAL APPRECIATION / EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------------ Receives a fixed rate of 2.218% and pays a floating rate based on the 6 Month Yen LIBOR semi-annually. (Counterparty: JPMorgan Chase) 03/26/27 JPY 1,000,000 $ 38 Receives a fixed rate of 7.661% and pays a floating rate based on the 3 Month New Zealand BKBM semi-annually. (Counterparty: Deutsche Bank) 03/26/12 NZD 3,000 (53) - ------------------------------------------------------------------------------------------------------------------------ $ 507 ============== CREDIT DEFAULT SWAP - ------------------------------------------------------------------------------------------------------------------------ Fund pays quarterly payment of 4.0000% (12.000% per annum) times the notional amount of Kaupthing Bank HF, 5.273%, 12/01/09. Upon a defined cedit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Citigroup) 12/20/08 (400) $ 1 ==============
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) International Fixed Income Fund December 31, 2007 Percentages are based on Net Assets of $793,413 ($ Thousands). + Real Estate Investment Trust (1) In local currency unless otherwise indicated. (A) Variable Rate Security -- The rate reported on the Schedule of Investments is the rate in effect as of December 31, 2007. (B) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other "accredited investors". These securities have been determined to be liquid under guidelines established by the Board of Trustees. (C) Step Bonds -- The rate reflected on the Schedule of Investments is the effective yield on December 31, 2007. The coupon on a step bond changes on a specified date. (D) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase. (E) Security purchased on a when-issued basis. AUD -- Australian Dollar CAD -- Canadian Dollar CHF -- Swiss Franc Cl -- Class CPI -- Consumer Price Index CZK -- Czech Koruna DKK -- Danish Krone EUR -- Euro FHLB -- Federal Home Loan Bank FHLMC -- Federal Home Loan Mortgage Corporation FNMA -- Federal National Mortgage Association GBP -- British Pound Sterling HUF -- Hungarian Forint JPY -- Japanese Yen LIBOR -- London Interbank Offering Rate Ltd -- Limited NOK -- Norwegian Krone NZD -- New Zealand Dollar MTN -- Medium Term Note MXP -- Mexican Peso PIK -- Payment-in-Kind PLN -- Polish Zloty Ser -- Series SEK -- Swedish Krona SGD -- Singapore Dollar TBA -- To Be Announced USD -- U.S. Dollar ZAR -- South African Rand Amounts designated as "--" are $0 or have been rounded to $0. # At December 31, 2007, the tax basis cost of the Fund's investments was $715,102 ($ Thousands), and the unrealized appreciation and depreciation were $29,497 ($ Thousands) and $(4,481) ($ Thousands), 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 or annual financial statements. - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- GLOBAL BONDS -- 80.6% ARGENTINA -- 6.9% Alto Parana (A) 6.375%, 06/09/17 440 $ 438 Cia Transporte Energia (A) 8.875%, 12/15/16 470 414 Province Del Neuquen (A) 8.656%, 10/18/14 250 251 Province of Buenos Aires (A) 9.625%, 04/18/28 1,605 1,344 Province of Buenos Aires Registered 9.625%, 04/18/28 695 579 9.375%, 09/14/18 470 405 Province of Buenos Aires Registered (F) 2.000%, 05/15/35 1,200 454 Province of Mendoza Registered 5.500%, 09/04/18 431 324 Republic of Argentina 9.750%, 09/19/27 2,150 737 7.000%, 09/12/13 3,600 3,168 7.000%, 10/03/15 2,000 1,654 7.000%, 04/17/17 1,700 1,347 Republic of Argentina (B) 1.318%, 12/15/35 12,560 1,444 Republic of Argentina (B) (G) 12.516%, 08/03/12 11,505 6,500 Republic of Argentina (C) 8.280%, 12/31/33 22,459 21,560 Republic of Argentina (F) 1.330%, 12/31/38 38,225 16,055 Republic of Argentina (G) 7.625%, 03/31/05 1,120 425 Republic of Argentina (G) EUR 12.000%, 09/19/16 1,000 242 11.750%, 05/20/11 2,500 627 9.000%, 05/29/09 2,650 1,230 9.000%, 06/20/49 1,125 535 8.500%, 07/01/04 775 367 8.125%, 04/21/08 4,200 1,974 8.000%, 02/25/02 675 318 8.000%, 02/26/08 1,000 485 Republic of Argentina (J) 9.231%, 12/15/35 2,400 259 3.281%, 12/31/33 2,675 993 Republic of Argentina EUR 7.820%, 12/31/33 249 298 Republic of Argentina MTN, Ser 2 (G) ITL 7.000%, 03/18/04 1,475,000 367 Republic of Argentina MTN, Ser E (G) 9.250%, 07/20/04 1,375 651 Republic of Argentina MTN, Ser E (G) EUR 8.750%, 02/04/49 1,375 623 8.500%, 07/30/10 2,000 907 Republic of Argentina MTN, Ser E (G) ITL 10.000%, 01/03/07 3,000,000 785 7.625%, 08/11/07 2,325,000 564 7.625%, 08/11/07 2,255,000 540 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Republic of Argentina MTN, Ser E Registered (G) EUR 9.000%, 05/24/49 1,400 $ 671 Transportadora Gas Norte (A) (F) 7.500%, 12/31/12 260 229 6.500%, 12/31/12 37 31 Transportadora Gas Norte Registered (F) 7.500%, 12/31/12 130 114 6.500%, 12/31/12 102 88 6.500%, 12/31/12 114 99 -------------- 70,096 -------------- BAHAMAS -- 0.1% Banco Votorantim Nassau (A) 10.625%, 04/10/14 2,750 1,429 -------------- BAHRAIN -- 0.0% ICICI Bank (A) 6.625%, 10/03/12 330 327 -------------- BELIZE -- 0.0% Government of Belize Registered (F) 4.250%, 02/20/29 400 296 -------------- BERMUDA -- 0.1% Citic Resources Finance (A) 6.750%, 05/15/14 300 281 Digicel Group (A) 8.875%, 01/15/15 550 504 -------------- 785 -------------- BOSNIA-HERZEGOVINA -- 0.1% Republic of Bosnia & Herzegovina, Ser B (J) EUR 10.260%, 12/11/17 2,300 1,204 -------------- BRAZIL -- 10.1% Cesp-Comp Ener Sao Paulo (A) BRL 9.750%, 01/15/15 1,375 828 Federal Republic of Brazil 11.000%, 08/17/40 20,562 27,471 10.125%, 05/15/27 5,625 8,114 8.875%, 04/15/24 3,700 4,718 8.750%, 02/04/25 3,755 4,760 8.250%, 01/20/34 2,480 3,137 8.000%, 01/15/18 1,420 1,589 6.000%, 01/17/17 400 406 Federal Republic of Brazil (C) 7.125%, 01/20/37 21,665 24,481 Federal Republic of Brazil BRL 12.500%, 01/05/22 16,115 10,126 10.250%, 01/10/28 1,400 760 Nota Do Tesouro Nacional 10.000%, 01/01/17 35,421 16,733 -------------- 103,123 -------------- CAYMAN ISLANDS -- 0.8% Banco Safra (A) BRL 10.875%, 04/03/17 2,800 1,431 Blue City Investments 13.750%, 11/07/13 750 752 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- EEB International (A) 8.750%, 10/31/14 340 $ 348 Earls Eight (A) (F) 7.500%, 12/31/12 420 370 Interoceanica IV Finance (A) (J) 3.867%, 11/30/25 1,000 474 3.689%, 11/30/18 450 291 Peru Enhanced Pass-Thru (A) (J) 6.009%, 05/31/25 320 125 3.987%, 05/31/18 1,495 1,032 Petrobras International Finance 5.875%, 03/01/18 2,810 2,795 Vale Overseas 6.875%, 11/21/36 220 223 6.250%, 01/23/17 85 85 -------------- 7,926 -------------- CHILE -- 0.5% Codelco Registered 5.500%, 10/15/13 1,875 1,904 Republic of Chile 5.500%, 01/15/13 3,215 3,353 -------------- 5,257 -------------- COLOMBIA -- 4.6% BanColombia 6.875%, 05/25/17 425 395 Bogota Distrio Capital (A) COP 9.750%, 07/26/28 1,815,000 853 Republic of Colombia 11.750%, 02/25/20 13,356 19,867 10.750%, 01/15/13 655 804 10.375%, 01/28/33 4,080 6,089 8.250%, 12/22/14 2,020 2,303 8.125%, 05/21/24 2,075 2,475 7.375%, 01/27/17 685 752 7.375%, 09/18/37 5,885 6,547 Republic of Colombia COP 9.850%, 06/28/27 14,896,000 7,313 -------------- 47,398 -------------- CYPRUS -- 0.5% ABH Financial (A) 8.200%, 06/25/12 900 841 Springvale Holdings (B) 11.389%, 09/07/08 1,000 1,000 Teorema Holding 11.000%, 10/27/09 3,400 3,400 -------------- 5,241 -------------- DOMINICAN REPUBLIC -- 0.2% Republic of Dominican Republic Registered 9.040%, 01/23/18 618 721 8.625%, 04/20/27 1,025 1,189 8.625%, 04/20/27 100 116 -------------- 2,026 -------------- ECUADOR -- 1.3% Republic of Ecuador Registered 9.375%, 12/15/15 1,635 1,651 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Republic of Ecuador Registered (F) 10.000%, 02/15/08 11,700 $ 11,320 -------------- 12,971 -------------- EGYPT -- 0.2% Arab Republic of Egypt (A) 8.750%, 07/18/12 8,450 1,589 -------------- EL SALVADOR -- 1.9% Republic of El Salvador Registered 8.250%, 04/10/32 3,485 4,252 7.750%, 01/24/23 3,790 4,368 7.650%, 06/15/35 3,400 3,927 7.650%, 06/15/35 6,241 7,208 -------------- 19,755 -------------- GABON -- 0.4% Gabonese Republic (A) 8.200%, 12/12/17 3,705 3,835 -------------- GHANA -- 0.1% Republic of Ghana (A) 8.500%, 10/04/17 1,200 1,265 -------------- INDONESIA -- 1.8% BLT Finance 7.500%, 05/15/14 300 258 Excelcomindo Finance 7.125%, 01/18/13 290 306 Government of Indonesia IDR 10.000%, 07/15/17 21,424,000 2,281 Indosat Finance Registered 7.125%, 06/22/12 1,050 1,040 Republic of Indonesia 8.500%, 10/12/35 3,550 4,149 Republic of Indonesia (A) 7.500%, 01/15/16 1,760 1,901 7.250%, 04/20/15 155 163 6.625%, 02/17/37 800 761 Republic of Indonesia Registered 7.500%, 01/15/16 3,040 3,278 7.250%, 04/20/15 495 522 6.875%, 03/09/17 670 690 6.750%, 03/10/14 2,100 2,173 6.625%, 02/17/37 450 428 -------------- 17,950 -------------- IRAQ -- 0.8% Republic of Iraq Registered 5.800%, 01/15/28 12,200 7,991 -------------- IRELAND -- 0.1% Dal Capital (Vneshtorgbk) RUB 7.000%, 04/13/09 19,000 770 Transcapit (Transneft) (A) 6.103%, 06/27/12 700 704 -------------- 1,474 -------------- JERSEY -- 0.2% Aldar Funding 5.767%, 11/10/11 1,000 1,820 -------------- - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- LEBANON -- 0.1% Lebanese Republic Registered 8.250%, 04/12/21 950 $ 886 -------------- LUXEMBOURG -- 1.1% Alfa Dividend Payment Rights Finance (A) (B) 6.891%, 03/15/08 448 432 Gaz Capital for Gazprom Registered 9.625%, 03/01/13 1,500 1,700 8.625%, 04/28/34 3,340 4,175 Kuznetski (Bank of Moscow) (F) 7.500%, 11/25/15 1,200 1,171 RSHB Captl 7.175%, 05/16/13 400 412 RSHB Captl (A) 6.299%, 05/15/17 2,545 2,411 UBS (Vimpelcom) 8.250%, 05/23/16 235 235 8.250%, 05/23/16 335 335 -------------- 10,871 -------------- MALAYSIA -- 2.5% Bank Negara Monetary Note (J) 3.359%, 04/03/08 12,490 3,744 Government of Malaysia 7.500%, 07/15/11 3,910 4,284 Government of Malaysia MYR 3.814%, 02/15/17 11,050 3,258 3.502%, 05/31/27 12,775 3,361 Petronas Capital Registered 7.875%, 05/22/12 550 683 7.875%, 05/22/22 8,260 10,221 -------------- 25,551 -------------- MEXICO -- 3.5% Cornhill, Ser 39 (G) (H) (I) 0.000%, 01/30/00 1,650 347 Cornhill, Ser 46 (G) (H) (I) 8.626%, 03/02/00 150 32 Mexican Bonos, Ser M10 MXP 8.000%, 12/17/15 27,000 2,449 7.250%, 12/15/16 44,960 3,877 Mexican Bonos, Ser MI10 MXP 8.000%, 12/19/13 39,123 3,583 Pemex Project Funding Master Trust Registered 6.625%, 06/15/35 450 469 5.750%, 03/01/18 1,305 1,305 United Mexican States MTN 8.300%, 08/15/31 4,370 5,644 United Mexican States MTN, Ser A 7.500%, 04/08/33 5,215 6,219 6.750%, 09/27/34 10,718 11,838 United Mexican States MTN, Ser E EUR 0.006%, 05/08/17 5,000 5 -------------- 35,768 -------------- NETHERLANDS -- 0.5% HSBK Europe (A) 7.250%, 05/03/17 500 434 ING Bank MTN, Ser E 9.625%, 05/30/08 700 682 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Kazkommerts International (A) 7.500%, 11/29/16 450 $ 352 Kazkommerts International Registered 7.500%, 11/29/16 900 692 Lukoil International Finance (A) 6.656%, 06/07/22 245 229 Majapahit Holding (A) 7.875%, 06/29/37 555 531 7.750%, 10/17/16 260 261 7.750%, 10/17/16 280 277 7.250%, 06/28/17 770 737 TGI International (A) 9.500%, 10/03/17 660 690 -------------- 4,885 -------------- NIGERIA -- 0.4% HSBC Bank NGN 10.500%, 07/28/08 255,000 2,176 UBS Jersey Branch (A) (B) 0.000%, 09/04/17 750 752 UBS Jersey Branch MTN (A) (B) 6.296%, 11/01/13 1,320 1,505 -------------- 4,433 -------------- PAKISTAN -- 0.2% Republic of Pakistan Registered 7.875%, 03/31/36 330 299 7.125%, 03/31/16 290 246 6.875%, 06/01/17 1,610 1,320 -------------- 1,865 -------------- PANAMA -- 2.1% Republic of Panama 9.375%, 01/16/23 560 728 9.375%, 04/01/29 2,005 2,742 8.875%, 09/30/27 4,700 6,110 8.125%, 04/28/34 1,020 1,254 7.250%, 03/15/15 7,090 7,817 6.700%, 01/26/36 2,185 2,305 -------------- 20,956 -------------- PERU -- 2.6% Banco Credita Del Peru (A) (B) 7.170%, 10/15/22 1,950 657 Republic of Peru 8.750%, 11/21/33 760 1,007 8.375%, 05/03/16 3,305 3,875 7.350%, 07/21/25 8,650 9,861 Republic of Peru (A) 6.900%, 08/12/37 2,800 964 Republic of Peru FLIRB, Ser 20YR (B) 6.438%, 03/07/17 1,511 1,496 6.143%, 03/07/08 4,920 4,871 6.143%, 03/07/08 1,187 1,180 Republic of Peru, Ser 20YR (B) 5.000%, 03/07/08 2,663 2,650 -------------- 26,561 -------------- PHILIPPINES -- 7.6% DMCI Water (B) (I) 10.800%, 12/31/09 1,989 1,989 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- National Power 9.625%, 05/15/28 1,400 $ 1,694 National Power (A) 6.875%, 11/02/16 965 981 Republic of Philippines 10.625%, 03/16/25 12,885 18,554 9.875%, 01/15/19 500 655 9.500%, 02/02/30 7,170 9,634 9.375%, 01/18/17 5,725 7,085 9.000%, 02/15/13 600 683 8.875%, 03/17/15 800 946 8.000%, 01/15/16 4,200 4,767 7.750%, 01/14/31 10,138 11,697 Republic of Philippines (C) 8.250%, 01/15/14 905 1,019 7.500%, 09/25/24 14,734 16,576 6.375%, 01/15/32 1,025 1,020 -------------- 77,300 -------------- RUSSIA -- 9.0% Kazan Orgsintez 9.250%, 10/30/11 505 495 Orient Express Finance RUB 9.875%, 07/02/09 15,000 575 Russian Federation Registered 12.750%, 06/24/28 5,700 10,345 11.000%, 07/24/18 7,735 11,042 Russian Federation Registered (F) 7.500%, 03/31/08 500 573 7.500%, 03/31/30 56,464 64,685 5.000%, 03/31/30 3,000 3,437 VTB Capital 6.609%, 10/31/12 900 883 -------------- 92,035 -------------- SOUTH AFRICA -- 1.0% Republic of South Africa 6.500%, 06/02/14 7,500 7,931 5.875%, 05/30/22 1,415 1,386 8.500%, 06/23/17 860 1,045 -------------- 10,362 -------------- SOUTH KOREA -- 0.1% Shinhan Bank (B) 6.819%, 09/20/36 630 582 Woori Bank 6.208%, 05/02/37 610 528 -------------- 1,110 -------------- SRI LANKA -- 0.0% Republic of Sri Lanka 8.250%, 10/24/12 190 185 -------------- SUPRA-NATIONAL -- 0.3% European Investment Bank TRY 10.000%, 01/28/11 3,770 2,900 -------------- THAILAND -- 0.2% Bangkok Bank Registered 9.025%, 03/15/29 390 450 True Move (A) 10.750%, 12/16/13 1,250 1,304 -------------- 1,754 -------------- - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- TUNISIA -- 0.2% Banque Centrale de Tunisie 8.250%, 09/19/27 1,095 $ 1,359 7.375%, 04/25/12 465 505 -------------- 1,864 -------------- TURKEY -- 4.8% Republic of Turkey 11.875%, 01/15/30 9,715 15,301 11.000%, 01/14/13 1,045 1,285 9.500%, 01/15/14 1,325 1,552 8.000%, 02/14/34 1,800 1,987 7.375%, 02/05/25 3,800 3,998 7.250%, 03/15/15 4,290 4,590 7.000%, 09/26/16 2,190 2,316 7.000%, 06/05/20 890 923 6.875%, 03/17/36 8,205 8,061 6.750%, 04/03/18 7,850 8,056 Republic of Turkey (B) TRY 14.000%, 01/19/11 600 515 Republic of Turkey TRY 10.000%, 02/15/12 360 345 -------------- 48,929 -------------- UKRAINE -- 2.1% Government of Ukraine (A) 6.875%, 03/04/11 4,475 4,550 6.580%, 11/21/16 6,735 6,600 Government of Ukraine Registered 6.875%, 03/04/11 1,000 1,021 6.580%, 11/21/16 1,600 1,567 Government of Ukraine Registered (B) 8.693%, 02/07/08 900 923 Government of Ukraine Registered (C) 7.650%, 06/11/13 5,340 5,646 Naftogaz Ukrainy 8.125%, 09/30/09 700 663 -------------- 20,970 -------------- UNITED ARAB EMIRATES -- 0.6% Jafz Sukuk (B) AED 6.100%, 11/27/12 22,000 6,107 -------------- UNITED KINGDOM -- 0.5% Barclays Bank 12.500%, 03/17/13 600 764 Barclays Bank (A) (B) 0.000%, 12/17/08 600 686 Credit Suisse First Boston International (Export/Import - Ukraine) 6.800%, 10/04/12 600 583 Credit Suisse First Boston for the City of Kiev Registered 8.000%, 11/06/15 750 733 Standard Bank (A) 15.000%, 03/12/12 481 423 Standard Bank MTN, Ser E (B) 15.000%, 07/20/09 658 681 - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- UK Private Bank (A) 8.000%, 02/06/12 1,000 $ 905 -------------- 4,775 -------------- UNITED STATES -- 0.4% Citigroup Funding (A) 6.000%, 05/18/15 800 840 Citigroup Funding (B) 10.000%, 01/03/17 1,500 1,551 DST 10.750%, 05/22/09 1,300 1,300 -------------- 3,691 -------------- URUGUAY -- 3.6% Republic of Uruguay 9.250%, 05/17/17 5,025 6,055 8.000%, 11/18/22 17,805 19,942 7.625%, 03/21/36 600 654 7.500%, 03/15/15 1,225 1,323 Republic of Uruguay PIK 7.875%, 01/15/33 3,050 3,416 Republic of Uruguay UYU 7.250%, 04/05/27 11,750 550 5.000%, 09/14/18 33,530 1,839 3.700%, 06/26/37 77,760 3,305 -------------- 37,084 -------------- VENEZUELA -- 6.1% Government of Venezuela 13.625%, 08/15/18 1,200 1,539 10.750%, 09/19/13 400 428 9.375%, 01/13/34 12,955 12,890 9.250%, 09/15/27 30,580 30,504 8.500%, 10/08/14 3,906 3,769 7.650%, 04/21/25 470 402 6.000%, 12/09/20 4,830 3,647 5.750%, 02/26/16 6,500 5,232 Government of Venezuela Registered 7.000%, 12/01/18 400 342 Petroleos De Venezuela 5.375%, 04/12/27 5,355 3,245 5.250%, 04/12/17 900 639 -------------- 62,637 -------------- VIRGIN ISLANDS -- 0.4% GTL Trade Finance (A) 7.250%, 10/20/17 3,920 3,979 -------------- Total Global Bonds (Cost $778,216) ($ Thousands) 821,216 -------------- DEPOSIT WITH COUNTERPARTY AS COLLATERAL FOR SWAP CONTRACTS (E) -- 4.9% UNITED STATES -- 4.9% Deposits with Citibank as Collateral for Swap Contracts Outstanding 648 648 Deposits with Credit Suisse First Boston as Collateral for Swap Contracts Outstanding TRY 692 590 Deposits with Credit Suisse First Boston as Collateral for Swap Contracts Outstanding 1,400 1,400 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- Deposits with Credit Suisse First Boston as Collateral for Swap Contracts Outstanding 750 $ 750 Deposits with Credit Suisse First Boston as Collateral for Swap Contracts Outstanding 8,550 8,550 Deposits with Credit Suisse First Boston as Collateral for Swap Contracts Outstanding 1,000 1,000 Deposits with Credit Suisse First Boston as Collateral for Swap Contracts Outstanding 1,400 1,400 Deposits with Credit Suisse First Boston as Collateral for Swap Contracts Outstanding 3,600 3,600 Deposits with Deutsche Bank as Collateral for Swap Contracts Outstanding 877 877 Deposits with Deutsche Bank as Collateral for Swap Contracts Outstanding IDR 6,689,757 712 Deposits with Goldman Sachs as Collateral for Swap Contracts Outstanding BRL 4,564 2,564 Deposits with HSBC as Collateral for Swap Contracts Outstanding TRY 5,284 4,508 Deposits with JPMorgan Chase as Collateral for Swap Contracts Outstanding 7,812 7,812 Deposits with JPMorgan Chase as Collateral for Swap Contracts Outstanding 249 249 Deposits with JPMorgan Chase as Collateral for Swap Contracts Outstanding 2,798 2,798 Deposits with Merrill Lynch as Collateral for Swap Contracts Outstanding NGN 288,900 2,450 Deposits with Merrill Lynch as Collateral for Swap Contracts Outstanding 863 863 Deposits with Merrill Lynch as Collateral for Swap Contracts Outstanding 2,500 2,500 Deposits with Standard Bank as Collateral for Swap Contracts Outstanding 5,300 5,300 Deposits with Standard Bank as Collateral for Swap Contracts Outstanding 239 239 Deposits with Standard Bank as Collateral for Swap Contracts Outstanding 352 352 Deposits with Standard Bank as Collateral for Swap Contracts Outstanding 438 438 Deposits with UBS as Collateral for Swap Contracts Outstanding NGN 45,165 383 -------------- Total Deposit with Counterparty as Collateral for Swap Contracts (Cost $49,038) ($ Thousands) 49,983 -------------- - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007 - -------------------------------------------------------------------------------- Face Amount Market Value Description (Thousands)(1)/Shares ($ Thousands) - -------------------------------------------------------------------------------- LOAN PARTICIPATIONS -- 4.1% EGYPT -- 0.2% Egyptian Urea Petrochemical (G) (H) (I) 0.000%, 07/01/17 1,950 $ 1,950 -------------- GERMANY -- 0.1% Rike (H) (I) 0.000%, 08/17/11 1,200 1,200 -------------- INDONESIA -- 0.5% Indonesia Standby Loan 94 (Counterparty: Deutsche Bank) (B) (H) (I) 4.000%, 03/29/08 5,298 5,192 -------------- MEXICO -- 1.2% Altos Hornos, Promissory Note # 5 (G) (H) (I) 0.000%, 04/29/99 2,500 1,625 Altos Hornos, Promissory Note # 6 (G) (H) (I) 0.000%, 04/29/99 2,500 1,625 Altos Hornos, Promissory Note (Counterparty: Deutsche Bank) (G) (H) (I) 0.000%, 12/31/49 4,500 2,925 Altos Hornos, Tranche A (Counterparty: Banc of America) (G) (H) (I) 0.000%, 04/11/04 6,540 4,448 Grupo Accerco Del Norte (Counterparty: Deutsche Bank) (G) (H) (I) 0.000%, 12/31/49 7,750 1,356 -------------- 11,979 -------------- SINGAPORE -- 1.3% Connect International PPN PIK (G) (H) (I) 0.000%, 01/01/09 8,102 8,184 Neptune Loan Agreement 0.000%, 05/12/08 4,700 4,700 -------------- 12,884 -------------- TURKEY -- 0.8% Cukurova, Ser A 0.000%, 05/01/08 3,452 3,366 Cukurova, Ser B 0.000%, 05/01/12 4,600 4,485 -------------- 7,851 -------------- UNITED STATES -- 0.0% Baja Ferries 5.100%, 01/26/17 430 430 -------------- Total Loan Participations (Cost $33,320) ($ Thousands) 41,486 -------------- - -------------------------------------------------------------------------------- Shares/Face Amount Market Value Description (Thousands)(1) ($ Thousands) - -------------------------------------------------------------------------------- COMMON STOCK -- 0.5% BRAZIL -- 0.5% GVT Holding* 230,000 $ 4,616 -------------- Total Common Stock (Cost $1,102) ($ Thousands) 4,616 -------------- CORPORATE OBLIGATION (D) -- 0.2% UNITED STATES -- 0.2% SLM MTN 5.038%, 01/15/08 1,437 1,437 -------------- Total Corporate Obligation (Cost $1,437) ($ Thousands) 1,437 -------------- Number of Warrants -------------------- WARRANTS -- 0.0% CYPRUS -- 0.0% Teorema Holding, Expires 10/27/09* -- 307 -------------- Total Warrants (Cost $77) ($ Thousands) 307 -------------- CASH EQUIVALENT -- 7.5% SEI Liquidity Fund, LP, 4.980% ** ++ (D) 76,525,000 76,525 -------------- Total Cash Equivalent (Cost $76,525) ($ Thousands) 76,525 -------------- U.S. TREASURY OBLIGATION -- 3.8% U.S. Treasury Note 4.875%, 08/31/08 38,665 39,003 -------------- Total U.S. Treasury Obligation (Cost $38,839) ($ Thousands) 39,003 -------------- Total Investments -- 101.6% (Cost $978,554) ($ Thousands)# $ 1,034,573 ============== - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007 A summary of the outstanding forward foreign currency contracts held by the Fund at December 31, 2007, is as follows:
- --------------------------------------------------------------------------------------------- UNREALIZED CURRENCY CURRENCY APPRECIATION/ MATURITY TO DELIVER TO RECEIVE (DEPRECIATION) DATE (THOUSANDS) (THOUSANDS) ($ THOUSANDS) - --------------------------------------------------------------------------------------------- 1/3/08-2/6/08 BRL 49,917 USD 27,872 $ (113) 1/7/08-4/7/08 KRW 4,185,080 USD 4,541 49 1/7/08-4/7/08 USD 4,600 KRW 4,185,080 (108) 1/10/08 USD 451 NGN 57,816 39 1/14/08-1/31/08 USD 9,085 HUF 1,604,715 188 1/14/08-3/17/08 USD 7,432 RUB 185,323 122 1/17/08 EUR 7,850 USD 11,177 (303) 1/18/08 PLN 6,216 USD 2,500 (27) 1/18/08-3/26/08 USD 18,776 PLN 49,331 1,269 1/21/08-1/22/08 USD 1,400 PHP 61,656 93 1/22/08-2/4/08 USD 9,600 SGD 13,970 128 1/25/08 USD 3,300 INR 131,307 27 1/28/08-4/1/08 USD 4,603 AED 16,811 9 2/28/08 TRY 4,259 USD 3,409 (160) 2/28/08 USD 2,047 TRY 2,557 96 4/9/08 KZT 425,619 USD 3,420 (32) ---------------- $ 1,277 ================
A summary of the open futures contracts held by the Fund at December 31, 2007, is as follows: - ------------------------------------------------------------------- NUMBER OF UNREALIZED TYPE OF CONTRACTS EXPIRATION DEPRECIATION CONTRACT LONG (SHORT) DATE ($ THOUSANDS) - ------------------------------------------------------------------- U.S. Long Treasury Bond 31 Mar-2008 $ (22) ============= A summary of outstanding swap agreements held by the Fund at December 31, 2007, is as follows:
- ------------------------------------------------------------------------------------------------------------------- TOTAL RETURN SWAPS - ------------------------------------------------------------------------------------------------------------------- UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------------------- Fund receives payment at maturity on the Brazilian CDI Index times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Deutsche Bank) 08/15/10 BRL 1,400 $ 199
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007
UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - -------------------------------------------------------------------------------------------------------------------------------- Fund receives payment at maturity on the Brazilian CDI Index times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Goldman Sachs) 01/01/17 BRL 4,500 $ (186) Fund receives payment at maturity on the Brazilian CDI Index times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: JPMorgan Chase) 08/15/10 BRL 12,000 1,573 Fund receives payment at maturity on the Brazilian CDI Index times the notional amount. Fund receives payment if the return on the spread appreciates over the return on the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: JPMorgan Chase) 05/15/11 BRL 4,214 452 Fund receives payment at maturity on the Brazilian CDI Index times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Merrill Lynch) 08/15/10 BRL 1,400 198 Fund receives payment at maturity on the JSC Gazprom/Sberbank Credit Facility times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Standard Bank) 05/17/08 5,300 -- Fund receives payment at maturity on Government of Indonesia, 12.000%, 09/15/11. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Deutsche Bank) 03/07/12 IDR 5,900,000 (21) Fund receives payment at maturity on the Nigerian NGN Index times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Citibank) 04/03/09 NGN 82,011 104
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007
UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ----------------------------------------------------------------------------------------------------------------------------------- Fund receives payment at maturity on the Nigerian NGN Index times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Standard Bank) 01/04/08 NGN 33,633 $ 26 Fund receives payment at maturity on the Nigerian NGN Index times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Standard Bank) 12/16/08 NGN 45,003 29 Fund receives payment at maturity on the Nigerian NGN Index times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Standard Bank) 02/25/09 NGN 55,618 17 Fund receives payment at maturity on the Nigerian Treasury Bond 9.350%, 08/31/17 times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: UBS) 08/31/17 NGN 49,550 12 Fund receives payment at maturity on Solar Garden Projects Ltd. Credit Facility times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Merrill Lynch) 12/30/09 NGN 288,900 (24) Fund receives payment at maturity on Republic of Turkey, 16.000%, 03/07/12. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Credit Suisse First Boston) 03/07/12 TRY 700 63 Fund receives payment at maturity on Republic of Turkey, 16.000%, 03/07/12. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: HSBC Bank) 03/07/12 TRY 5,450 477
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007
UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - --------------------------------------------------------------------------------------------------------------------------- Fund receives payment at maturity on OSJC Zaporozh times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Merrill Lynch) 12/31/10 2,500 $ (3) - --------------------------------------------------------------------------------------------------------------------------- $ 2,916 ========== - --------------------------------------------------------------------------------------------------------------------------- CREDIT DEFAULT SWAPS - --------------------------------------------------------------------------------------------------------------------------- Fund receives semi-annual payment of 1.8450% (3.690% per annum) times the notional amount of Federal Republic of Brazil, 12.250%, 06/06/30. Upon a defined credit event, the Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Citigroup) 10/20/15 4,500 $ 752 Fund receives quarterly payment of 0.4000% (1.600% per annum) times the notional amount of JSC Gazprom, 8.625%, 04/28/34. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Credit Suisse First Boston) 01/20/16 8,550 (75) Fund receives quarterly payment of 0.3425% (1.370% per annum) times the notional amount of JSC Gazprom, 8.625%, 04/28/34. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Credit Suisse First Boston) 08/20/16 1,000 (25) Fund receives semi-annual payment of 2.8750% (5.750% per annum) times the notional amount of Naftogaz Ukrainy, 8.125%, 09/30/09. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Credit Suisse First Boston) 12/20/08 1,400 (56) Fund receives semi-annual payment of 2.8750% (5.750% per annum) times the notional amount of Naftogaz Ukrainy, 8.125%, 09/30/09. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Credit Suisse First Boston) 12/20/09 3,600 (228) Fund receives semi-annual payment of 2.600% (5.200% per annum) times the notional amount of Naftogaz Ukrainy, 8.125%, 09/30/09. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Credit Suisse First Boston) 12/20/11 750 (72) Fund receives semi-annual payment of 2.4150% (4.830% per annum) times the notional amount of Republic of Argentina, 8.280%, 12/31/33. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Citigroup) 12/20/12 3,900 90
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007
UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ---------------------------------------------------------------------------------------------------------------------------- Fund receives semi-annual payment of 1.6150% (3.230% per annum) times the notional amount of Republic of Turkey, 11.875%, 01/15/30. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Citigroup) 03/20/12 3,870 $ 58 Fund receives semi-annual payment of 1.6200% (3.240% per annum) times the notional amount of Republic of Turkey, 11.875%, 01/15/30. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: JPMorgan Chase) 02/12/12 500 8 Fund receives semi-annual payment of 1.9200% (3.840% per annum) times the notional amount of Republic of Turkey, 11.875%, 01/15/30. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: JPMorgan Chase) 03/20/12 2,865 74 Fund receives semi-annual payment of 0.8400% (1.6800% per annum) times the notional amount of Republic of Turkey, 11.875%, 01/15/30. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: Citigroup) 11/20/12 4,400 38 Fund receives payment at maturity on Republic of Venezuela 9.250%, 07/20/17 times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Credit Suisse First Boston) 07/20/17 14,700 (1,465) Fund receives payment at maturity on Republic of Venezuela 9.250%, 09/15/27 times the notional amount. Fund receives payment if the return on the spread appreciates over the payment period and pays if the return on the spread depreciates over the payment period. (Counterparty: Credit Suisse First Boston) 11/20/17 800 (26) Fund receives semi-annual payment of 0.5180% (1.035% per annum) times the notional amount on Russian Federation, 7.750%, 03/31/30. Upon a defined credit event, Fund pays the notional amount and takes receipt of the defined deliverable obligation. (Counterparty: JPMorgan Chase) 09/20/17 12,000 67 - ------------------------------------------------------------------------------------------------------------------------------- $ (860) =========== - ------------------------------------------------------------------------------------------------------------------------------- INTEREST RATE SWAPS - ------------------------------------------------------------------------------------------------------------------------------- Pay fixed rate of 10.630% and receive floating rate, rate based on BRL CDI Index. (Counterparty: Deutsche Bank) 01/02/12 BRL 8,700 $ (265)
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007
UNREALIZED NOTIONAL APPRECIATION/ EXPIRATION AMOUNT (DEPRECIATION) DESCRIPTION DATE (THOUSANDS) ($ THOUSANDS) - ------------------------------------------------------------------------------------------------------- Receive fixed rate of 10.650% and pay floating rate at maturity, rate based on BRL CDI Index. (Counterparty: Lehman Brothers) 01/02/12 BRL 7,300 $ (226) Receive fixed rate of 10.880% and pay floating rate at maturity, rate based on BRL CDI Index. (Counterparty: Lehman Brothers) 01/02/12 BRL 5,300 (150) Receive fixed rate of 11.093% and pay floating rate at maturity, rate based on BRL CDI Index. (Counterparty: Lehman Brothers) 01/02/12 BRL 14,300 (356) - ------------------------------------------------------------------------------------------------------- $ (997) =======================================================================================================
- -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 Schedule of Investments (Unaudited) Emerging Markets Debt Fund December 31, 2007 Percentages are based on Net Assets of $1,018,468 ($ Thousands). * Non-Income Producing Security. ** Rate shown is the 7-day effective yield as of December 31, 2007. ++ Investment in affiliated security. (1) In U.S. dollars unless otherwise indicated. (A) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other "accredited investors". These securities have been determined to be liquid under guidelines established by the Board of Trustees. (B) Variable Rate Security -- The rate reported on the Schedule of Investments is the rate in effect as of December 31, 2007. (C) This security or a partial position of this security is on loan at December 31, 2007. The total value of securities on loan at December 31, 2007 was $74,191 ($ Thousands). (D) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of December 31, 2007 was $77,962 ($ Thousands). (E) Cash on loan to swap counterparty as collateral for outstanding swap contracts. (F) Step Bonds -- The rate reflected on the Schedule of Investments is the effective yield on December 31, 2007. The coupon on a step bond changes on a specified date. (G) Security in default on interest payments. (H) Securities considered illiquid. The total value of such securities as of December 31, 2007 was $28,884 ($ Thousands) and represented 3.13% of Net Assets. (I) Security fair valued using methods determined in good faith by the Valuation Committee of the Board of Trustees. The total value of such securities as of December 31, 2007 was $30,873 and represented 3.03% of Net Assets. (J) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase. AED -- United Arab Emirates Dirham BRL -- Brazilian Real CDI -- Chess Depositary Interest COP -- Chilean Peso EUR -- Euro FLIRB -- Front Loaded Interest Reduction Bond HUF -- Hungarian Forint IDR -- Indonesian Rupiah INR -- India Rupee ITL -- Italian Lira KRW -- Korean Won KZT -- Kazakhstan Tenge LP -- Limited Partnership MTN -- Medium Term Note MXP -- Mexican Peso MYR -- Malaysian Ringgit NGN -- Nigerian Naira PHP -- Philippine Peso PIK -- Payment-in-Kind PLN -- Polish Zloty RUB -- Russian Ruble Ser -- Series SGD -- Singapore Dollar TRY -- New Turkish Lira USD -- U.S. Dollar UYU -- Uruguay Peso Amounts designated as "--" are $0 or have been rounded to $0. # At December 31, 2007, the tax basis cost of the Fund's investments was $978,554 ($ Thousands), and the unrealized appreciation and depreciation were $71,727 ($ Thousands) and $(15,708) ($ Thousands), 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 or annual financial statements. - -------------------------------------------------------------------------------- SEI Institutional International Trust / Quarterly Report / December 31, 2007 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. In their opinion, based on their evaluation, 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 has materially affected, or is 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/ Robert A. Nesher ------------------------------------- Robert A. Nesher, Chief Executive Officer Date: February 29, 2008 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/ Robert A. Nesher ------------------------------------- Robert A. Nesher, Chief Executive Officer Date: February 29, 2008 By (Signature and Title)* /s/ Stephen F. Panner ------------------------------------- Stephen F. Panner, Controller & CFO Date: February 29, 2008 * Print the name and title of each signing officer under his or her signature. EX-99.CERT 2 sit302cert12_07rn.txt CERTIFICATION PURSUANT TO SECTION 302 CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 I, Robert A. Nesher, 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 29, 2008 /s/ Robert A. Nesher - ----------------------- Robert A. Nesher Chief Executive Officer EX-99.CERT 3 sit302cert12_07sp.txt CERTIFICATION PURSUANT TO SECTION 302 CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 I, Stephen F. Panner, 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 29, 2008 /s/ Stephen F. Panner - ------------------------ Stephen F. Panner Controller & CFO -----END PRIVACY-ENHANCED MESSAGE-----