-----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, UC7GAtjkjskOrCDG3r2AUMvbZb+FMq+BJAVnDhvYr3jUAcEzfnLUDk+wa5KgXVbV ZVZR1IsSIsDiEVFvz48s+g== 0000935069-08-002073.txt : 20080829 0000935069-08-002073.hdr.sgml : 20080829 20080829101901 ACCESSION NUMBER: 0000935069-08-002073 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20080630 FILED AS OF DATE: 20080829 DATE AS OF CHANGE: 20080829 EFFECTIVENESS DATE: 20080829 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: 081047392 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 siitnqcomb6_08.txt SIIT NQ 6_08 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------- FORM N-Q -------- QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY INVESTMENT COMPANY ACT FILE NUMBER 811-5601 SEI INSTITUTIONAL INTERNATIONAL TRUST (Exact name of registrant as specified in charter) -------- c/o CT Corporation 101 Federal Street Boston, MA 02110 (Address of principal executive offices) (Zip code) SEI Investments One Freedom Valley Drive Oaks, PA 19456 (Name and address of agent for service) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 1-800-342-5734 DATE OF FISCAL YEAR END: SEPTEMBER 30, 2008 DATE OF REPORTING PERIOD: JUNE 30, 2008 ITEM 1. SCHEDULE OF INVESTMENTS SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- COMMON STOCK -- 85.7% AUSTRALIA -- 4.2% AGL Energy 533,880 $ 7,326 Amcor (A) 191,383 928 Aquila Resources * 400 6 Australia & New Zealand Banking Group 83,400 1,498 Australian Infrastructure Fund (A) 560,200 1,193 Australian Worldwide Exploration * 81,629 326 AWB 40,428 94 Babcock & Brown (A) 47,234 340 Bendigo and Adelaide Bank (A) 9,655 101 BHP Billiton (A) 581,687 24,394 BlueScope Steel (A) 101,300 1,102 Boart Longyear Group 24,228 52 Brambles (A) 165,892 1,390 Challenger Financial Services Group (A) 286,928 520 Coca-Cola Amatil (A) 60,300 406 Commonwealth Bank of Australia 50,900 1,962 Computershare (A) 67,121 593 CSL 32,778 1,123 Dominion Mining 1,900 6 Downer EDI (A) 187,707 1,238 Felix Resources 4,907 80 Flight Centre (A) 194,000 3,104 Fortescue Metals Group * 172,800 1,973 Foster's Group (A) 232,500 1,131 Goodman Fielder (A) 709,197 956 Incitec Pivot (A) 29,135 5,173 ING Industrial Fund (A)(B) 559,852 844 Leighton Holdings (A) 117,260 5,722 MacArthur Coal 43,200 699 Macquarie Airports (A) 1,399,095 2,766 Macquarie Group (A) 31,810 1,485 Macquarie Infrastructure Group (A) 2,576,958 5,737 Mirvac Group (A)(B) 114,551 325 Mount Gibson Iron * 165,600 496 National Australia Bank (A) 266,232 6,770 New Hope 6,400 33 Newcrest Mining (A) 368,890 10,372 Nufarm 22,100 338 OneSteel (A) 178,267 1,273 Orica (A) 43,600 1,226 Origin Energy (A) 121,000 1,872 Oxiana 391,155 987 Pacific Brands (A) 434,679 740 Portman * 11,100 182 Qantas Airways 193,942 566 Rio Tinto (A) 47,449 6,170 Santos (A) 162,200 3,339 Seven Network 38,700 280 Sims Group 300 12 TABCORP Holdings 108,883 1,025 Tatts Group 98,609 222 Telstra (A) 2,432,280 9,897 Wesfarmers (A) 30,374 1,091 Westfield Group (A)(B) 64,500 1,008 Westpac Banking 177,671 3,410 Woodside Petroleum (A) 54,400 3,524
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Woolworths (A) 189,434 $ 4,445 WorleyParsons (A) 42,337 1,538 ------------- 135,409 ------------- AUSTRIA -- 0.8% IMMOFINANZ 43,765 452 OMV 97,139 7,631 Raiffeisen International Bank Holding 22,256 2,846 Telekom Austria 67,900 1,474 Verbund - Oesterreichische Elektrizitaetswirtschafts, Cl A 2,514 225 Voestalpine 159,017 13,066 Wienerberger 14,500 609 ------------- 26,303 ------------- BELGIUM -- 1.0% Belgacom 21,540 930 Cofinimmo (B) 14,100 2,566 Delhaize Group 25,156 1,694 Dexia 110,759 1,773 Fortis (A) 556,501 8,911 Gimv 22,000 1,452 InBev 14,523 1,009 KBC Groep 22,534 2,504 Mobistar 84,600 6,858 Solvay 35,300 4,621 Umicore 28,888 1,429 ------------- 33,747 ------------- BERMUDA -- 0.0% K Wah International Holdings 1,220,400 505 Seadrill (A) 35,083 1,073 ------------- 1,578 ------------- BRAZIL -- 0.3% Banco do Brasil 312,000 5,118 Bovespa Holding 47,000 585 Gerdau ADR 38,750 930 Unibanco - Uniao de Bancos Brasileiros GDR 13,800 1,752 ------------- 8,385 ------------- CANADA -- 3.9% Barrick Gold 128,900 5,865 Cameco 47,700 2,059 Canadian Imperial Bank of Commerce 32,100 1,775 Canadian Natural Resources 99,300 9,870 Eastern Platinum * 1,146,650 3,165 EnCana 234,150 21,402 Gildan Activewear * 31,000 801 Goldcorp 185,300 8,555 HudBay Minerals * 49,200 687 Imperial Oil 32,600 1,805 Inmet Mining 25,400 1,694 Methanex 45,800 1,301 National Bank of Canada 22,200 1,108 Nova Chemicals 49,900 1,235 Onex 29,700 879 Petro-Canada 94,300 5,308 Potash Corp of Saskatchewan 25,230 5,767 Potash Saskatchewan 73,800 17,209 Research In Motion * 100,230 11,730
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Rogers Communications, Cl B 170,930 $ 6,665 Royal Bank of Canada 59,200 2,674 Shaw Communications, Cl B 47,400 973 Shoppers Drug Mart (A) 30,200 1,664 Sun Life Financial 40,400 1,670 Suncor Energy 54,000 3,151 Teck Cominco, Cl B 116,500 5,646 TELUS, Cl A 645 26 ------------- 124,684 ------------- CHINA -- 0.6% Alibaba.com *(A) 121,500 171 Bank of Communications, Cl H (A) 3,659,000 4,284 China COSCO Holdings, Cl H 1,761,000 4,300 China Life Insurance, Cl H 1,462,900 5,122 China Petroleum & Chemical, Cl H 2,176,000 2,037 China Shenhua Energy 291,500 1,144 Industrial & Commercial Bank of China, Cl H 1,360,000 930 New World Department Store China * 2,400,100 2,115 ------------- 20,103 ------------- CZECH REPUBLIC -- 0.2% CEZ 82,350 7,306 ------------- DENMARK -- 0.9% A P Moller - Maersk, Cl B 78 956 A P Moller - Maersk, Cl A 360 4,419 Carlsberg, Cl B 23,446 2,266 D/S Norden 8,323 897 Danske Bank 66,712 1,931 East Asiatic 10,213 707 FLSmidth 11,850 1,302 Novo Nordisk, Cl B 43,500 2,849 Sydbank 5,978 228 Vestas Wind Systems * 95,157 12,464 ------------- 28,019 ------------- FINLAND -- 1.0% Fortum 6,698 340 Kone, Cl B 12,742 448 Konecranes 31,050 1,287 Metso (A) 29,681 1,355 Nokia 537,577 13,120 Nokian Renkaat 9,426 453 Outokumpu 187,998 6,590 Pohjola Bank, Cl A 13,371 232 Rautaruukki 29,000 1,328 Sponda 168,800 1,471 Stora Enso, Cl R 165,200 1,551 UPM-Kymmene 92,801 1,521 Wartsila, Cl B 19,863 1,250 YIT 3,383 85 ------------- 31,031 ------------- FRANCE -- 7.9% Accor 13,317 890 Air France-KLM (A) 21,900 526 Air Liquide 12,363 1,634 Alstom 14,644 3,384 Arkema 33,500 1,895 Atos Origin 600 33 AXA 179,727 5,341
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Beneteau 2,579 $ 56 BNP Paribas 274,035 24,843 Bollore 887 173 Bouygues 130,427 8,664 Capital Gemini 41,884 2,471 Carrefour 102,949 5,833 Casino Guichard Perrachon 18,965 2,151 Christian Dior 8,233 850 Cie de Saint-Gobain (A) 23,985 1,502 Ciments Francais 1,475 242 CNP Assurances 12,105 1,369 Compagnie Generale de Geophysique * 51,565 2,441 Compagnie Generale des Etablissements Michelin, Cl B 104,300 7,500 Credit Agricole (A) 281,988 5,767 Dassault Systemes 17,262 1,053 EDF 17,700 1,683 Eramet 714 710 France Telecom 759,872 22,400 Gaz de France (A) 16,039 1,031 Groupe Danone 98,755 6,939 Haulotte Group 7,366 108 Imerys 3,023 219 Lafarge 30,360 4,658 Lagardere SCA 64,905 3,699 L'Oreal 56,225 6,121 LVMH Moet Hennessy Louis Vuitton 19,600 2,056 Natixis 44,952 499 Nexans 5,900 728 PagesJaunes Groupe (A) 29,500 435 Pernod-Ricard 27,500 2,827 Peugeot 127,774 6,943 PPR (A) 2,943 328 Publicis Groupe 16,197 525 Rallye 2,834 167 Renault 97,059 7,967 Rhodia 33,900 626 Sanofi-Aventis 237,444 15,873 Schneider Electric 21,353 2,308 SCOR 40,119 920 Sechilienne-Sidec 963 76 Sequana Capital 7,217 139 Societe Generale 126,984 11,062 Suez 146,765 9,999 Technip 69,200 6,410 Total 523,925 44,740 Valeo 7,779 250 Vallourec (A) 9,360 3,287 Veolia Environnement 72,299 4,059 Vivendi 106,425 4,041 Wendel (A) 12,991 1,322 ------------- 253,773 ------------- GERMANY -- 8.6% Allianz 127,543 22,486 BASF 459,764 31,742 Bayer 248,925 20,967 Bayerische Motoren Werke 15,735 757 Bilfinger Berger 3,095 270 Commerzbank 106,514 3,162 Continental 756 78
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- DaimlerChrysler 211,217 $ 13,072 Deutsche Bank 130,715 11,296 Deutsche Beteiligungs 60,000 1,529 Deutsche Boerse 24,856 2,807 Deutsche Lufthansa 545,600 11,777 Deutsche Post 206,000 5,388 Deutsche Telekom 361,972 5,931 E.ON 200,097 40,401 Fresenius Medical Care 183,650 10,130 Gildemeister (A) 22,000 625 Hannover Rueckversicherung 7,488 370 HeidelbergCement 4,236 615 Henkel KGaA 63,980 2,403 Hypo Real Estate Holding (A) 82,128 2,314 IKB Deutsche Industriebank 10,251 45 Infineon Technologies * 435,000 3,790 Kali und Salz Beteiligungs 20,347 11,743 KSB 239 166 Linde 800 113 MAN 23,849 2,649 Metro 13,500 862 Muenchener Rueckversicherungs 104,422 18,305 MVV Energie 1,364 70 Q-Cells * 32,260 3,274 Rheinmetall 1,003 73 RWE 93,701 11,844 Salzgitter 27,585 5,059 SAP 32,125 1,683 SGL Carbon * 102,500 7,201 Siemens 10,306 1,145 Suedzucker 78,216 1,420 ThyssenKrupp 171,362 10,767 Tognum 4,547 122 TUI (A) 27,148 630 Volkswagen 28,800 8,316 ------------- 277,397 ------------- GREECE -- 0.1% Coca Cola Hellenic Bottling 54,580 1,488 OPAP 58,722 2,052 Public Power 28,700 995 ------------- 4,535 ------------- HONG KONG -- 2.7% Allied Properties 244,000 38 Bank of East Asia 323,600 1,758 BOC Hong Kong Holdings 685,500 1,815 Cheung Kong Holdings 137,000 1,847 China Mobile 851,400 11,443 China Netcom Group 575,000 1,567 China Overseas Land & Investment 246,000 389 CLP Holdings 207,000 1,773 Emperor International Holdings 133,000 46 Esprit Holdings 200,300 2,081 Great Eagle Holdings 855,500 2,523 Guoco Group 146,300 1,483 Hang Seng Bank 85,200 1,797 Hong Kong & China Gas 329,120 783 Hongkong & Shanghai Hotels 740,900 1,121 HongKong Electric Holdings 366,000 2,190 Hongkong Land Holdings 3,478,000 14,747 Hopewell Highway Infrastructure 94,000 71
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Hopewell Holdings 251,000 $ 892 Hutchison Whampoa 175,000 1,764 Hysan Development 73,000 200 Jardine Matheson Holdings 25,800 800 Jardine Strategic Holdings 89,800 1,527 Johnson Electric Holdings 54,500 24 Kowloon Development 51,000 93 Lenovo Group 6,068,000 4,109 Miramar Hotel & Investment 6,000 8 New World Development 228,000 464 NWS Holdings 20,000 52 Orient Overseas International 1,028,300 5,143 Pacific Basin Shipping 395,000 564 Pacific Century Premium Developments 540,000 194 SEA Holdings 38,000 24 Shun Tak Holdings 1,200,700 1,124 Singamas Container Holdings 1,800,400 469 Sinolink Worldwide Holdings 1,140,000 165 SRE Group 750,000 81 Sun Hung Kai 1,513,800 1,241 Sun Hung Kai Properties 424,500 5,760 Swire Pacific, Cl A 508,000 5,196 Texwinca Holdings 16,000 13 Tian An China Investment 1,593,700 1,128 Transport International Holdings 10,400 45 Truly International Holdings 16,000 15 VTech Holdings 4,000 24 Wharf Holdings 1,222,000 5,117 Wheelock 841,500 2,256 Wing Hang Bank 13,500 179 Wing On International 22,000 40 ------------- 86,183 ------------- INDIA -- 0.2% Reliance Industries GDR 55,770 5,488 ------------- INDONESIA -- 0.2% Bumi Resources 7,467,500 6,641 ------------- IRELAND -- 0.3% Allied Irish Banks 59,500 919 Anglo Irish Bank 93,864 880 CRH 198,910 5,860 Dragon Oil * 106,442 957 Irish Life & Permanent 139,983 1,458 ------------- 10,074 ------------- ISRAEL -- 0.3% Teva Pharmaceutical Industries ADR 247,470 11,334 ------------- ITALY -- 2.1% AEM (A) 461,252 1,691 Banco Popolare Scarl (A) 174,882 3,108 Buzzi Unicem 9,377 235 Danieli 40,200 1,506 Edison 2,424 5 Enel (A) 703,151 6,691 ENI 845,280 31,563 Fiat 302,189 4,956 Fondiaria-Sai 26,079 865
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- IFIL - Investments 151,666 $ 987 Intesa Sanpaolo 298,176 1,605 Iride 32,921 101 Italcementi (A) 41,186 612 Mediaset 196,000 1,293 Prysmian 25,190 639 Saipem 51,900 2,439 Telecom Italia 3,763,844 6,644 UniCredito Italiano 466,421 2,857 Unipol Gruppo Finanziario 60,133 142 ------------- 67,939 ------------- JAPAN -- 15.7% 77 Bank 46,000 289 Acom 16,620 516 Aeon 429,500 5,312 Aichi Bank 1,200 98 Aichi Steel 17,000 74 Aida Engineering 6,000 29 Aioi Insurance 90,000 481 Aisan Industry 900 9 Aisin Seiki 58,800 1,930 Ajinomoto 75,000 710 Akita Bank 18,000 82 Alps Electric 21,700 225 Amada 156,400 1,235 Amano 2,100 20 AOKI Holdings 3,200 50 Aoyama Trading 51,000 941 Aozora Bank 38,000 87 Asahi Breweries 90,400 1,690 Asahi Diamond Industrial 2,000 14 Asahi Glass 87,000 1,054 Asahi Kasei 128,000 671 Astellas Pharma 22,700 964 Atsugi (A) 875,000 1,205 Autobacs Seven 117,000 3,278 Bank of Nagoya 27,000 169 Bank of Okinawa 2,000 72 Belluna 5,200 36 Bridgestone 76,000 1,164 Canon 110,848 5,709 Casio Computer 31,400 358 Cawachi 5,900 150 Central Glass 15,000 61 Central Japan Railway 455 5,022 Chiba Kogyo Bank * 4,300 57 Chiyoda 119,000 1,295 Chudenko 5,100 80 Circle K Sunkus 20,900 368 Citizen Holdings 139,000 1,061 CKD 4,200 26 CMK 309,700 2,101 Coca-Cola Central Japan 6 47 Coca-Cola West Holdings 26,300 614 COMSYS Holdings 377,300 3,331 Corona 2,600 39 Cosmo Oil 877,400 3,178 Daicel Chemical Industries 17,000 96 Daiichikosho 6,100 62 Daimei Telecom Engineering 109,400 1,033 Dainippon Ink and Chemicals 268,000 776
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Dainippon Screen Manufacturing 25,000 $ 101 Dainippon Sumitomo Pharma 494,500 4,007 Daishi Bank 46,000 205 Daiwa House Industry 25,000 235 Daiwa Securities Group 165,000 1,519 daVinci Holdings * 804 551 Dena 120 709 Denki Kagaku Kogyo 57,000 212 Denso 4,200 145 Doutor Nichires Holdings 6,400 98 East Japan Railway 200 1,632 EDION (A) 5,500 46 Ehime Bank 15,000 54 Eighteenth Bank 19,000 68 Eizo Nanao 2,100 45 Electric Power Development 20,900 777 Elpida Memory * 54,200 1,738 Fanuc 34,700 3,395 Fast Retailing 29,500 2,800 Fuji Electric Holdings 96,000 340 Fuji Heavy Industries 91,000 446 Fuji Machine Manufacturing 12,100 242 Fuji Television Network 206 311 FUJIFILM Holdings 107,400 3,698 Fujikura 43,000 187 Fujitsu 978,000 7,270 Fukuda Denshi 300 8 Fukuoka Financial Group 137,000 619 Fukuyama Transporting 196,000 680 Futaba 3,800 65 Hachijuni Bank 108,000 701 Hankyu Hanshin Holdings 176,000 741 Heiwa 5,100 54 Heiwado 7,000 110 Higashi-Nippon Bank 19,000 77 Higo Bank 21,000 127 HI-LEX CORP 2,900 39 Hino Motors 58,000 360 Hisamitsu Pharmaceutical 1,900 83 Hitachi 1,086,000 7,848 Hitachi Cable 41,000 154 Hitachi Capital 5,100 82 Hitachi Chemical 19,300 400 Hitachi Construction Machinery 20,500 575 Hitachi Koki 10,200 168 Hitachi Maxell 11,100 140 Hitachi Software Engineering 5,800 128 Hokkaido Electric Power 23,300 475 Hokuetsu Bank 22,000 52 Honda Motor 252,100 8,585 Hoya 120,900 2,800 Hyakugo Bank 29,000 174 Hyakujushi Bank 27,000 154 Idemitsu Kosan 3,600 320 Inpex Holdings 326 4,121 Isetan Mitsukoshi Holdings 11,100 119 Isuzu Motors 546,000 2,632 IT Holdings * 6,700 135 Itochu 362,000 3,862 Itochu-Shokuhin 100 3 Izumiya 9,000 54
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Japan Airlines 307,000 $ 646 Japan Petroleum Exploration 5,600 400 Japan Steel Works 569,450 11,093 Japan Tobacco 197 842 JFE Holdings 191,300 9,655 JGC 105,000 2,070 Joshin Denki 78,500 604 JS Group 61,700 982 JTEKT 9,500 151 Kagawa Bank 8,000 47 Kagoshima Bank 19,000 144 Kajima 164,000 574 Kamigumi 23,000 174 Kaneka 39,000 266 Kanematsu * 8,000 12 Kansai Electric Power 106,100 2,487 Kansai Paint 24,000 166 Kao 16,000 420 Kasumi 1,000 6 Kawasaki Heavy Industries 187,000 499 Kawasaki Kisen Kaisha 187,000 1,759 KDDI 156 965 Keisei Electric Railway 40,000 205 Keyence 13,200 3,149 Kirin Brewery 209,000 3,269 Kobe Steel 274,000 786 Komatsu 22,800 637 Komori 32,700 597 Konami 12,200 427 Kose 5,500 123 Kubota 114,000 821 Kuraray 40,000 478 Kyoei Steel 3,900 74 Kyorin 9,000 113 Kyowa Hakko Kogyo 99,000 1,016 Kyushu Electric Power 36,500 764 Leopalace21 31,200 447 Mabuchi Motor 4,500 245 Maeda 18,000 62 Makita 32,600 1,335 Marubeni 243,000 2,033 Matsushita Electric Industrial 404,700 8,743 Mazda Motor 149,000 775 Michinoku Bank 1,000 3 Mie Bank 13,000 64 Mikuni Coca-Cola Bottling 2,900 29 Millea Holdings 161,300 6,300 Minato Bank 37,000 73 Mitsubishi 666,300 21,999 Mitsubishi Chemical Holdings 235,500 1,373 Mitsubishi Electric 122,000 1,318 Mitsubishi Gas Chemical 223,000 1,611 Mitsubishi Heavy Industries 340,000 1,623 Mitsubishi Materials 345,400 1,479 Mitsubishi Paper Mills 304,200 801 Mitsubishi Rayon 55,000 174 Mitsubishi UFJ Financial Group 875,220 7,769 Mitsui 530,900 11,744 Mitsui Chemicals 1,369,800 6,758 Mitsui Mining & Smelting 68,000 201 Mitsui OSK Lines 642,000 9,163
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Mitsui Sumitomo Insurance Group Holdings 8,400 $ 290 Mitsui Trust Holdings 225,000 1,341 Mitsumi Electric 17,900 399 Miyazaki Bank 3,000 13 Mizuho Financial Group 734 3,434 Morinaga Milk Industry 2,000 5 Murata Manufacturing 45,900 2,165 N E Chemcat 1,000 18 Nafco 3,600 56 Nagase 7,000 74 Namco Bandai Holdings 155,700 1,766 NEC 209,000 1,096 NEC Fielding 1,100 14 NGK Spark Plug 24,000 276 Nichicon 79,000 645 Nichirei 33,000 170 Nikon 51,000 1,491 Nintendo 50,275 28,409 Nippo 189,200 1,057 Nippon Beet Sugar Manufacturing 359,000 901 Nippon Electric Glass 60,000 1,040 Nippon Flour Mills 14,000 63 Nippon Konpo Unyu Soko 145,200 1,856 Nippon Light Metal 57,000 94 Nippon Meat Packers 11,000 149 Nippon Metal Industry 13,000 40 Nippon Mining Holdings 119,500 750 Nippon Oil 162,000 1,090 Nippon Sharyo 95,500 230 Nippon Sheet Glass 194,000 961 Nippon Shinyaku 7,000 89 Nippon Shokubai 58,000 416 Nippon Soda 14,000 44 Nippon Steel 1,168,500 6,338 Nippon Steel Trading 12,000 34 Nippon Telegraph & Telephone 3,245 15,918 Nippon Thompson 7,000 45 Nippon Yusen 556,000 5,355 Nishimatsu Construction 29,000 76 Nishi-Nippon City Bank 90,000 268 Nissan Motor 1,332,000 11,020 Nissan Shatai 14,000 110 Nisshin Oillio Group 22,000 93 Nisshin Seifun Group 27,500 346 Nisshin Steel 176,000 599 Nisshinbo Industries 23,000 274 Nitto Kogyo 4,100 39 NOK 6,500 104 Nomura Holdings 348,500 5,171 Nomura Real Estate Holdings 14,100 298 Noritake 10,000 42 NSK 13,000 114 NTT DoCoMo 1,088 1,601 Oiles 1,200 23 Oki Electric Industry (A) 878,000 1,350 Omron 29,300 630 Onward Holdings 47,000 494 Oracle Japan 2,900 118 ORIX 82,170 11,775 Osaka Gas 243,000 892
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Pacific Metals 19,000 $ 156 Plenus 2,900 44 Promise 23,850 668 Rakuten 4,915 2,485 Rasa Industries 387,700 735 Resona Holdings 599 921 Ricoh 63,000 1,139 Risa Partners 27 41 Riso Kagaku 1,400 20 Rohm 25,300 1,458 Roland 2,200 47 Ryobi 15,000 54 Sakai Chemical Industry 6,000 23 San-In Godo Bank 18,000 158 Sanki Engineering 10,000 82 Sankyo 13,800 901 Sanwa Shutter 101,000 383 Sapporo Hokuyo Holdings 135 914 Sazaby League 1,700 30 SBI Holdings 3,000 658 Seiko Epson 23,600 650 Seiko Holdings 203,500 912 Seino Transportation 10,000 61 Sekisui House 53,000 495 Senshukai 3,700 26 SFCG (A) 2,560 305 Sharp 303,000 4,942 Shimadzu 30,000 299 Shimamura 19,100 1,178 Shin-Etsu Chemical 19,700 1,223 Shionogi 62,000 1,225 Showa Denko KK 107,000 285 Showa Shell Sekiyu 134,700 1,478 SKY Perfect JSAT Holdings 34 14 SMC 32,500 3,566 Softbank 531,600 8,977 Sojitz 168,700 563 Sompo Japan Insurance 83,000 781 SRI Sports 8 12 Sumco 21,300 472 Sumitomo 419,600 5,522 Sumitomo Chemical 429,200 2,709 Sumitomo Electric Industries 5,680 72 Sumitomo Metal Mining 91,000 1,398 Sumitomo Mitsui Financial Group 2,321 17,494 Sumitomo Realty & Development 61,000 1,214 Sumitomo Rubber Industries 28,000 209 Sumitomo Trust & Banking 67,000 469 Suzuken 19,300 714 Suzuki Motor 107,100 2,536 T&D Holdings 22,400 1,380 Taisho Pharmaceutical 65,000 1,207 Takefuji (A) 62,260 868 Takeuchi Manufacturing 1,400 34 Tamron 2,500 47 Tanabe Seiyaku 53,000 694 Teijin 28,000 96 Tempstaff 7 6 Terumo 6,800 348 Toagosei 758,900 2,806 Tochigi Bank 20,000 126
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Toenec 9,000 $ 49 Toho Bank 20,000 86 Tohoku Electric Power 20,800 453 Tokai Rika 34,800 721 Tokuyama 32,000 239 Tokyo Electric Power 247,400 6,371 Tokyo Electron 43,200 2,494 Tokyo Gas 272,000 1,098 Tokyo Steel Manufacturing 16,900 196 Tokyo Style 8,000 72 Tokyu Land 26,000 148 Toppan Printing 263,000 2,900 Topre 4,600 42 Topy Industries 127,300 377 Toshiba 1,659,000 12,254 Toshiba TEC 24,000 150 Tosoh 106,000 434 Toyo Seikan Kaisha 75,400 1,333 Toyo Suisan Kaisha 6,000 136 Toyoda Gosei 27,200 795 Toyota Boshoku 10,100 271 Toyota Industries 45,800 1,469 Toyota Motor 410,100 19,382 Toyota Tsusho 29,000 681 Trend Micro 101,000 3,335 TV Asahi 58 83 Unicharm 16,600 1,182 Uniden 6,000 31 Unipres 3,600 38 UNY 61,000 602 West Japan Railway 160 786 Yachiyo Bank 15 63 Yamada Denki 25,370 1,809 Yamaguchi Financial Group 8,000 111 Yamaha Motor 38,800 727 Yamanashi Chuo Bank 17,000 89 Yamato Kogyo 16,200 773 Yamato Transport 229,800 3,213 Yamazaki Baking 41,000 451 Yodogawa Steel Works 14,000 72 Yokogawa Bridge 82,200 554 Yokogawa Electric 9,200 84 Yurtec 2,000 12 Zeon 26,000 105 ------------- 506,058 ------------- LUXEMBOURG -- 1.2% ArcelorMittal 352,620 34,890 Oriflame Cosmetics 7,033 453 SES 15,000 380 SES Global FDR (Paris Exchange) 74,390 1,858 ------------- 37,581 ------------- MEXICO -- 0.3% America Movil ADR, Ser L 99,600 5,254 Telefonos de Mexico ADR, Ser L 96,800 2,293 Telmex Internacional ADR * 111,500 1,795 Telmex Internacional, Cl L * 18,700 15 Wal-Mart de Mexico, Ser V 219,900 876 ------------- 10,233 ------------- NETHERLANDS -- 4.7% Aegon (A) 164,353 2,179
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Akzo Nobel 77,844 $ 5,355 Boskalis Westminster 8,788 471 Corporate Express (A) 148,500 2,145 European Aeronautic Defence and Space (A) 86,958 1,650 Heineken 62,168 3,175 ING Groep 741,633 23,668 Koninklijke Ahold 367,411 4,944 Koninklijke BAM Groep 22,933 406 Koninklijke DSM 127,495 7,507 Nutreco Holding 6,484 436 Royal Dutch Shell, Cl A (A) 1,040,740 42,811 Royal Dutch Shell, Cl B 756,196 30,400 Royal KPN 220,049 3,779 TNT 4,324 148 Unilever (A) 621,840 17,665 Vastned Retail (B) 40,200 3,230 ------------- 149,969 ------------- NEW ZEALAND -- 0.0% Air New Zealand 294,300 244 Fletcher Building 77,200 373 Vector 14,800 22 Warehouse Group 6,100 19 ------------- 658 ------------- NORWAY -- 1.3% Aker Solutions 31,875 753 DnB 463,864 5,901 Norsk Hydro 440,350 6,432 Petroleum Geo-Services * 78,546 1,928 Statoil 366,200 13,653 Telenor 162,800 3,062 Yara International 108,745 9,629 ------------- 41,358 ------------- PAPUA NEW GUINEA -- 0.0% Oil Search 17,800 116 ------------- POLAND -- 0.0% Polski Koncern Naftowy Orlen 59,300 952 ------------- PORTUGAL -- 0.1% Banco Espirito Santo 19,616 306 Energias de Portugal 477,886 2,496 Portugal Telecom 128,570 1,461 Sonae 221,100 266 ------------- 4,529 ------------- RUSSIA -- 0.8% LUKOIL ADR 14,250 1,399 MMC Norilsk Nickel ADR 79,000 1,999 OAO Gazprom ADR 341,680 19,817 Rosneft Oil GDR (C) 84,822 984 Uralkali GDR 16,500 1,200 ------------- 25,399 ------------- SINGAPORE -- 0.5% Allgreen Properties 37,000 27 ComfortDelgro 51,000 56 DBS Group Holdings 109,000 1,513 Fraser and Neave 13,000 43 Haw Par 4,000 19
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Ho Bee Investment 98,000 $ 59 Hong Leong Asia 14,000 20 Hong Leong Finance 292,100 746 Hotel Plaza 12,000 15 Jardine Cycle & Carriage 138,100 1,728 K1 Ventures 329,000 54 Keppel 146,000 1,197 Kim Eng Holdings 779,100 998 Metro Holdings 104,000 61 NatSteel 36,000 35 Neptune Orient Lines 220,000 523 Oversea-Chinese Banking 54,000 325 SembCorp Industries 68,000 208 Singapore Airlines 40,140 434 Singapore Land 6,000 28 Singapore Petroleum 177,000 860 Singapore Technologies Engineering 284,000 575 Singapore Telecommunications 447,150 1,191 SP Chemicals 202,500 89 Total Access Communication (D) 6,000 10 United Engineers 6,000 15 United Industrial 1,000 2 United Overseas Bank 106,000 1,453 UOB-Kay Hian Holdings 140,000 185 UOL Group 60,000 150 Venture 16,000 116 Wheelock Properties S 789,900 1,041 Wilmar International (A) 824,000 3,069 Yanlord Land Group (A) 212,000 289 ------------- 17,134 ------------- SOUTH AFRICA -- 0.4% Harmony Gold Mining * 73,400 891 Sanlam 745,380 1,581 Sasol 141,917 8,357 Standard Bank Group 72,623 708 ------------- 11,537 ------------- SOUTH KOREA -- 0.5% Honam Petrochemical 23,600 1,683 Hynix Semiconductor * 32,400 774 Hyundai Mobis 16,270 1,317 Industrial Bank of Korea 49,730 758 Kookmin Bank 18,900 1,117 LG Electronics 43,520 4,930 Samsung Electronics 5,447 3,255 Samsung Electronics GDR 9,218 2,717 ------------- 16,551 ------------- SPAIN -- 3.0% ACS Actividades de Construccion y Servicios (A) 30,216 1,519 Banco Bilbao Vizcaya Argentaria 588,403 11,282 Banco Santander Central Hispano 1,444,197 26,554 Cementos Portland Valderrivas (A) 4,280 325 Gas Natural SDG (A) 173,550 10,128 Gestevision Telecinco (A) 16,143 206 Iberdrola 605,807 8,123 Inditex 28,630 1,320 Indra Sistemas (A) 16,558 431 Mapfre 364,602 1,746 Obrascon Huarte Lain 7,343 250
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Repsol (A) 509,685 $ 20,100 Sacyr Vallehermoso 7,908 242 Sol Melia (A) 44,000 476 Telefonica 403,073 10,720 Union Fenosa (A) 49,157 2,867 ------------- 96,289 ------------- SWEDEN -- 1.2% Alfa Laval 50,100 781 Assa Abloy, Cl B (A) 61,500 892 Atlas Copco, Cl A 60,600 894 Boliden 11,350 93 Electrolux, Ser B (A) 50,400 645 Hennes & Mauritz, Cl B 10,000 543 Investor, Cl B 57,600 1,218 Lundin Petroleum * 14,000 207 NCC, Cl B 18,106 273 Nordea Bank 168,544 2,328 Saab, Cl B 20,652 522 Scania, Cl B 16,200 222 Skandinaviska Enskilda Banken, Cl A 96,046 1,788 Skanska, Cl B 103,000 1,481 SKF, Cl B 78,781 1,238 Svenska Cellulosa, Cl A 8,821 129 Svenska Cellulosa, Cl B 235,840 3,342 Svenska Handelsbanken, Cl A 50,988 1,216 Swedbank (A) 40,858 791 Swedish Match 205,002 4,209 Tele2, Cl B 225,500 4,424 Telefonaktiebolaget LM Ericsson, Cl B 409,800 4,278 Telefonaktiebolaget LM Ericsson ADR 7,200 75 TeliaSonera 79,400 589 Trelleborg, Cl B (A) 25,426 385 Volvo, Cl B 169,400 2,084 Vostok Gas *(A) 55,500 5,213 Wihlborgs Fastigheter (A) 7,512 135 ------------- 39,995 ------------- SWITZERLAND -- 7.4% ABB 571,861 16,315 Adecco 36,900 1,837 Baloise Holding 7,782 822 BKW FMB Energie 610 84 Bobst Group 1,843 148 Bucher Industries 2,362 626 Clariant 60,501 616 Compagnie Financiere Richemont, Cl A 177,491 9,915 Credit Suisse Group 257,702 11,865 Elektrizitaets-Gesellschaft Laufenburg 630 897 Georg Fischer 960 395 Givaudan 855 766 Helvetia Holding * 1,735 677 Holcim 68,792 5,589 Inficon Holding 7,600 1,224 Kuoni Reisen Holding 253 122 Lindt & Spruengli 178 493 Logitech International * 23,950 647 Lonza Group 1,442 201 Nestle 825,320 37,401 Nobel Biocare Holding 30,457 997 Novartis 319,933 17,668
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Pargesa Holding 3,335 $ 373 Petroplus Holdings * 35,200 1,897 Roche Holding 175,476 31,698 Schmolz + Bickenbach 6,724 534 Schweizerische National- Versicherungs-Gesellschaft 136 99 STMicroelectronics (A) 103,691 1,081 Sulzer 10,915 1,390 Swatch Group 23,823 1,118 Swiss Life Holding 12,111 3,246 Swiss Reinsurance 228,760 15,283 Swisscom 14,397 4,816 Syngenta 50,924 16,611 Synthes 7,281 1,006 UBS * 159,760 3,363 Xstrata 413,012 33,076 Zurich Financial Services 50,315 12,917 ------------- 237,813 ------------- TAIWAN -- 0.4% Asustek Computer 570,000 1,551 Compal Electronics 1,290,783 1,395 First Financial Holding 2,201,000 2,415 Siliconware Precision Industries 342,628 505 Taiwan Semiconductor Manufacturing ADR 328,313 3,582 Taiwan Semiconductor Manufacturing 1,028,200 2,202 United Microelectronics 1,627,186 863 ------------- 12,513 ------------- THAILAND -- 0.1% PTT 199,200 1,799 ------------- UNITED KINGDOM -- 12.8% 3i Group 32,994 542 Alliance & Leicester 135,889 798 AMEC 594,105 10,523 Anglo American 236,059 16,565 Antofagasta 76,638 1,004 ARM Holdings 132,800 225 Arriva 7,551 103 Associated British Foods 251,900 3,803 AstraZeneca 130,205 5,551 Atkins WS 1,992 42 Autonomy * 302,680 5,461 Aviva 634,228 6,324 BAE Systems 2,339,167 20,600 Balfour Beatty 56,419 477 Barclays 1,192,887 6,920 Barratt Developments 123,767 143 BG Group 455,375 11,845 BHP Billiton 776,566 29,674 BP 3,691,274 42,847 BP ADR 6,600 459 Brit Insurance Holdings 23,759 83 British American Tobacco 322,605 11,165 British Energy Group 743,700 10,546 British Land (B) 45,318 639 BT Group, Cl A 1,115,636 4,438 Cairn Energy * 15,400 991 Centrica 1,124,158 6,941
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- -------------- ------------- Charter 60,980 $ 1,055 Chaucer Holdings 995,100 1,589 Colt Telecom Group * 68,374 200 Cookson Group 34,387 429 Daily Mail & General Trust, Cl A 41,722 260 Dairy Crest Group 399,400 2,623 Dana Petroleum * 6,586 249 Diageo 58,443 1,075 Dsg International 488,511 433 Firstgroup 133,000 1,376 GlaxoSmithKline 868,583 19,240 Hays 187,816 338 HBOS 1,721,149 9,454 Home Retail Group 412,487 1,790 HSBC Holdings 1,639,692 25,315 Imperial Tobacco Group 110,372 4,110 International Power 79,300 682 Invensys 25,242 131 Investec 43,903 269 ITV 791,460 704 Johnson Matthey 9,790 360 Kazakhmys 41,400 1,312 Land Securities Group (B) 51,630 1,266 Legal & General Group 2,157,597 4,303 Lloyds TSB Group 411,751 2,546 Logica 245,851 528 Man Group 56,901 707 Marks & Spencer Group 125,200 819 Millennium & Copthorne Hotels 31,032 201 Mondi 157,239 928 National Grid 264,555 3,478 Next 23,594 455 Old Mutual 2,007,867 3,708 Persimmon 84,795 533 Premier Farnell 58,716 206 Premier Foods 366,400 695 Premier Oil * 1,500 49 Punch Taverns 111,300 693 QinetiQ 55,007 226 Reckitt Benckiser Group 59,762 3,027 Rio Tinto 193,836 23,181 Royal & Sun Alliance Insurance Group 1,444,498 3,611 Royal Bank of Scotland Group 3,852,927 16,486 SABMiller 410,308 9,407 Sage Group 44,797 186 Scottish & Southern Energy 92,342 2,578 Southern Cross Healthcare 17,173 44 St. Ives Group 52,200 172 Standard Chartered 93,330 2,656 Tate & Lyle 10,881 86 Taylor Woodrow 1,077,022 1,329 Tesco 463,703 3,408 Trinity Mirror 263,400 571 TUI Travel 84,265 344 Unilever 75,348 2,143 United Utilities 290,900 3,974 Vedanta Resources 23,069 1,004 Vodafone Group 14,523,561 43,111 Wolseley 112,100 840 WPP Group 202,734 1,954
Shares/ Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Yell Group 278,956 $ 391 ------------- 413,547 ------------- Total Common Stock (Cost $2,588,812) ($ Thousands) 2,763,960 ------------- MORTGAGE-BACKED SECURITIES -- 13.7% UNITED STATES -- 13.7% Adjustable Rate Mortgage Trust, Ser 2005-5, Cl 1A1 5.298%, 08/25/08 (D)(E) 1,275 1,173 American Home Mortgage Investment Trust, Ser 2004-3, Cl 3A 4.608%, 08/25/08 (E) 1,362 1,294 American Home Mortgage Investment Trust, Ser 2005-1, Cl 4A1 4.809%, 08/25/08 (D)(E) 319 248 American Home Mortgage Investment Trust, Ser 2005-1, Cl 6A 5.294%, 08/25/08 (D)(E) 12,030 10,118 American Home Mortgage Investment Trust, Ser 2005-4, Cl 5A 5.350%, 08/25/08 (D)(E) 8,606 7,257 American Home Mortgage Investment Trust, Ser 2006-1, Cl 2A3 5.100%, 08/25/08 (E) 4,268 3,577 Banc of America Commercial Mortgage, Ser 2006-2, Cl A1 5.611%, 05/10/45 2,080 2,100 Banc of America Funding, Ser 2006- A, Cl 2A2 5.574%, 08/20/08 (E) 442 399 Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-7, Cl 1A1 6.758%, 08/25/08 (E) 615 562 Bear Stearns Alt-A Trust, Ser 2004- 12, Cl 2A2 6.600%, 08/25/08 (D)(E) 1,534 1,418 Countrywide Alternative Loan Trust, Ser 2004-33, Cl 1A1 6.726%, 08/25/08 (D)(E) 922 759 Countrywide Alternative Loan Trust, Ser 2005-69, Cl M3 3.633%, 07/25/08 (D)(E) 800 120 Countrywide Alternative Loan Trust, Ser 2005-IM1, Cl M3 4.483%, 07/25/08 (D)(E) 1,221 183 Countrywide Alternative Loan Trust, Ser 2006-OA11, Cl M3 2.913%, 07/25/08 (D)(E) 1,700 162 Countrywide Home Loan Mortgage Pass Through Trust, Ser 2007- HYB1, Cl 1A1 5.551%, 08/25/08 (D)(E) 1,989 1,849 Countrywide Home Loans, Ser 2004- 22, Cl A1 5.091%, 08/25/08 (D)(E) 1,664 1,608 Countrywide Home Loans, Ser 2006- HYB2, Cl 1A1 5.017%, 08/20/08 (D)(E) 4,575 4,052
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Deutsche Alternative Securities Mortgage Loan Trust, Ser 2006- AB3, Cl A1 6.250%, 08/25/08 (D)(E) 2,439 $ 2,246 Downey Savings & Loan Association Mortgage Loan Trust, Ser 2004- AR4, Cl B1 3.083%, 07/21/08 (D)(E) 936 356 Downey Savings & Loan Association Mortgage Loan Trust, Ser 2006- AR1, Cl M7 4.233%, 07/21/08 (D)(E) 490 49 Downey Savings & Loan Association Mortgage Loan Trust, Ser 2006- AR1, Cl M4 3.223%, 07/21/08 (D)(E) 760 95 Downey Savings & Loan Association Mortgage Loan Trust, Ser 2006- AR1, Cl M5 3.293%, 07/21/08 (D)(E) 490 59 FHLMC 6.000%, 07/01/21 to 06/01/23 29,069 29,789 FHLMC ARM 4.898%, 09/15/08 (E) 3,866 3,903 FHLMC CMO, IO 5.500%, 08/01/35 (D) 2,082 529 5.000%, 05/15/37 (D) 2,861 753 FHLMC CMO STRIPS, Ser 232, Cl IO, IO 5.000%, 08/01/35 (D) 21,415 5,378 FHLMC CMO STRIPS, Ser 233, Cl 12, IO 5.000%, 09/15/35 (D) 4,492 1,022 FHLMC CMO STRIPS, Ser 233, Cl 4, IO 4.500%, 09/15/35 (D) 1,516 343 First Horizon Alternative Mortgage Securities, Ser 2006-AA6, Cl 2A1 5.636%, 08/25/08 (E) 10,294 7,659 First Horizon Alternative Mortgage Trust, Ser 2005-AA3, Cl 3A1 5.352%, 08/25/08 (E) 875 794 First Horizon Mortgage Pass-Through Trust, Ser 2006-AR3, Cl 1A1 5.666%, 08/25/08 (E) 2,606 2,499 FNMA 15 Year TBA 6.000%, 07/01/21 140,000 146,926 5.500%, 07/01/22 36,000 36,236 5.000%, 07/01/22 46,000 45,483 FNMA 30 Year TBA 6.500%, 07/01/32 31,000 31,911 6.000%, 07/01/37 1,000 1,009 FNMA ARM 5.771%, 08/25/08 (E) 20,390 20,848 FNMA CMO, Cl KA 5.500%, 06/25/21 859 868 FNMA CMO STRIPS, Ser 10, Cl FD 2.833%, 07/25/08 (E) 3,752 3,694
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- FNMA CMO STRIPS, Ser 359, Cl 6, IO 5.000%, 11/01/35 (D) 2,144 $ 499 FNMA CMO STRIPS, Ser 360, Cl 2, IO 5.000%, 08/01/35 (D) 24,077 6,061 FNMA CMO STRIPS, Ser 369, Cl 2, IO 5.000%, 03/01/36 (D) 1,656 395 GNMA ARM 6.500%, 08/20/08 to 08/20/08 (E) 1,592 1,619 6.375%, 08/20/08 to 08/20/08 (E) 2,096 2,132 6.000%, 08/20/08 (E) 558 564 5.625%, 08/20/08 (E) 686 692 5.500%, 08/20/08 (E) 722 727 5.250%, 08/20/08 (E) 313 314 5.000%, 08/20/08 to 08/20/08 (E) 3,558 3,580 4.500%, 08/20/08 (E) 637 634 4.000%, 08/20/08 (E) 683 677 3.750%, 08/20/08 (E) 5,530 5,468 Greenpoint Mortgage Funding Trust, Ser 2006-AR1, Cl M3 3.053%, 07/25/08 (E) 1,246 312 GS Mortgage Securities II, Ser 2007- GG10, Cl A4 5.993%, 08/10/08 (E) 500 478 Indymac Mortgage Loan Trust, Ser 2004-AR6, Cl 1A 7.064%, 08/25/08 (D)(E) 151 151 Indymac Mortgage Loan Trust, Ser 2006-AR11, Cl 4A1 5.765%, 08/25/08 (D)(E) 4,913 3,909 JP Morgan Chase Commercial Mortgage, Ser 2006-CB17, Cl A4 5.429%, 12/12/43 700 663 Lehman Mortgage Trust, Ser 2006-4, Cl 4A1 6.000%, 08/25/21 (D) 8,502 7,864 Master Adjustable Rate Mortgages, Ser 2005-2, Cl 3A1 6.515%, 08/25/08 (E) 1,732 1,579 Merrill Lynch Mortgage Investors, Ser 2005-A4, Cl 1A 5.382%, 08/25/08 (E) 346 333 MLCC Mortgage Investors, Ser 2006- 1, Cl 1A1 5.281%, 08/25/08 (E) 4,588 4,353 Nomura Asset Acceptance, Ser 2004- R1, Cl A1 6.500%, 03/25/34 (C)(D) 1,313 1,325 Nomura Asset Acceptance, Ser 2004- R2, Cl A1 6.500%, 08/25/08 (C)(D)(E) 1,402 1,414 Residential Accredit Loans, Ser 2005- QA3, Cl NB2 5.219%, 08/25/08 (E) 4,611 4,526 Residential Accredit Loans, Ser 2005- QO5, Cl M3 3.283%, 07/25/08 (D)(E) 1,292 233
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Residential Accredit Loans, Ser 2006- QO1, Cl 2A3 2.883%, 07/25/08 (D)(E) 523 $ 204 Residential Asset Securitization Trust, Ser 2004-IP2, Cl 3A1 5.254%, 08/25/08 (E) 3,746 3,702 Structured Adjustable Rate Mortgage Loan, Ser 2005-16 XS, Cl M2 3.383%, 07/25/08 (D)(E) 775 93 Washington Mutual Mortgage Pass- Through Certificates, Ser 2007- HY2, Cl 1A1 5.734%, 08/25/08 (D)(E) 877 652 Washington Mutual Mortgage Pass- Through Certificates, Ser 2007- HY4, Cl 1A1 5.550%, 08/25/08 (E) 6,572 6,228 Washington Mutual Mortgage Pass- Through Certificates, Ser 2007- HY6, Cl 1A1 5.673%, 08/25/08 (E) 2,545 2,289 Wells Fargo Mortgage Backed Securities Trust, Ser 2004-I, Cl B1 6.232%, 08/25/08 (E) 188 187 ------------- Total Mortgage-Backed Securities (Cost $459,494) ($ Thousands) 443,185 ------------- ASSET-BACKED SECURITIES -- 0.8% UNITED STATES -- 0.8% Aames Mortgage Investment Trust, Ser 2005-4, Cl B2 5.233%, 07/25/08 (D)(E) 360 9 ACE Securities, Ser 2003-NC1, Cl M 3.263%, 07/25/08 (E) 2,100 1,664 ACE Securities, Ser 2003-OP1, Cl M1 3.183%, 07/25/08 (E) 800 645 Aegis Asset Backed Securities Trust, Ser 2003-3, Cl M1 3.183%, 07/25/08 (D)(E) 105 87 Ameriquest Mortgage Securities, Ser 2003-2, Cl M1 3.833%, 07/25/08 (E) 1,347 1,067 Argent Securities, Ser 2003-W5, Cl M1 3.183%, 07/25/08 (E) 600 515 Argent Securities, Ser 2003-W9, Cl M1 3.173%, 07/25/08 (E) 1,201 956 Asset-Backed Securities Home Equity, Ser 2003-HE5, Cl M1 3.596%, 07/15/08 (E) 1,642 1,423 Countrywide Asset-Backed Certificates, Ser 2003-5, Cl MV2 4.083%, 07/25/08 (E) 893 681 Countrywide Asset-Backed Certificates, Ser 2005-15, Cl 1AF1 2.623%, 07/25/08 (E) 224 224
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Credit Suisse Asset-Backed Mortgage Trust, Ser 2006-1, Cl A1B 2.703%, 07/25/08 (E) 447 $ 445 GSAA Trust, Ser 2006-2, Cl 2A1 2.583%, 07/25/08 (E) 2,000 1,974 GSAMP NIM Trust, Ser 2006-HE3, Cl N1 5.500%, 05/25/36 (C)(D) 220 1 Home Equity Asset Trust, Ser 2003-4, Cl M2 4.883%, 07/25/08 (E) 927 762 Lehman XS Trust, Ser 2005-5N, Cl M4 4.233%, 07/25/08 (D)(E) 1,850 278 Lehman XS Trust, Ser 2005-7N, Cl M71 4.233%, 07/25/08 (D)(E) 1,075 161 Master Asset Backed Securities Trust, Ser 2003-WMC2, Cl M1 3.533%, 07/25/08 (E) 440 379 Master Asset Backed Securities Trust, Ser 2006-AB1, Cl A1 2.623%, 07/25/08 (E) 2,526 2,499 Merrill Lynch Mortgage Investors, Ser 2003-HE1, Cl M2 4.133%, 07/25/08 (D)(E) 146 89 Morgan Stanley Capital I, Ser 2003- NC8, Cl M1 3.533%, 07/25/08 (E) 1,927 1,668 Option One Mortgage Loan Trust, Ser 2003-5, Cl M1 3.133%, 07/25/08 (E) 501 391 Option One Mortgage Loan Trust, Ser 2006-1, Cl M11 4.983%, 07/25/08 (C)(D)(E) 500 13 Residential Asset Mortgage Products, Ser 2003-RS11, Cl Mll1 3.578%, 07/25/08 (E) 188 146 Resmae Mortgage Loan Trust, Ser 2006-1, Cl A2B 2.633%, 07/25/08 (C)(E) 5,355 4,685 Resmae Mortgage Loan Trust, Ser 2006-1, Cl A2A 2.583%, 07/25/08 (C)(E) 1,554 1,532 Structured Asset Investment Loan Trust, Ser 2003-BC4, Cl M2 5.483%, 07/25/08 (E) 544 453 Structured Asset Investment Loan Trust, Ser 2005-1, Cl A4 2.713%, 07/25/08 (C)(E) 16 16 Terwin Mortgage Trust, Ser 2006-2, Cl 2A1 4.500%, 06/25/36 (D) 942 54 Terwin Mortgage Trust, Ser 2006-5, Cl 1A2A 2.573%, 07/25/08 (C)(E) 4,593 4,306 ------------- Total Asset-Backed Securities (Cost $34,799) ($ Thousands) 27,123 -------------
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Shares/ Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- PREFERRED STOCK -- 0.4% AUSTRALIA -- 0.0% News 44,855 $ 695 ------------- BRAZIL -- 0.3% Banco Bradesco 230,100 4,719 Usinas Siderurgicas de Minas Gerais 73,800 3,660 ------------- 8,379 ------------- GERMANY -- 0.1% Bayerische Motoren Werke 2,143 85 Porsche 5,620 866 RWE 1,865 188 Volkswagen 6,608 958 ------------- 2,097 ------------- ITALY -- 0.0% Istituto Finanziario Industriale * 21,932 437 ------------- SOUTH KOREA -- 0.0% Samsung Electronics 2,900 1,250 ------------- Total Preferred Stock (Cost $10,541) ($ Thousands) 12,858 ------------- CORPORATE OBLIGATIONS -- 0.1% UNITED STATES -- 0.1% Discover Financial Services 6.450%, 06/12/17 (C) 335 283 Shinsei Finance Cayman 6.418%, 07/20/08 (C)(E) 1,740 1,222 Washington Mutual Preferred Funding 6.534%, 09/15/08 (C)(E) 1,900 844 ------------- Total Corporate Obligations (Cost $3,974) ($ Thousands) 2,349 ------------- CONVERTIBLE BONDS -- 0.1% CANADA -- 0.1% Kinross CV to 35.1173 1.750%, 03/15/28 (C) 1,014 1,123 ------------- NETHERLANDS -- 0.0% ABN Amro Bank CV to 31.4465 0.500%, 09/28/10 (C) 445 662 ------------- Total Convertible Bonds (Cost $1,702) ($ Thousands) 1,785 -------------
Number Of Rights -------------- RIGHTS -- 0.0% UNITED KINGDOM -- 0.0% Barclays, Expires 07/17/08 * 256 49
Rights/Shares/ Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- HBOS, Expires 07/18/08 * 688 $ 147 ------------- 196 ------------- Total Rights (Cost $0) ($ Thousands) 196 ------------- EXCHANGE TRADED FUND -- 0.0% UNITED STATES -- 0.0% iShares MSCI EAFE Index Fund* * 600 41 ------------- Total Exchange Traded Fund (Cost $41) ($ Thousands) 41 ------------- AFFILIATED PARTNERSHIP -- 5.5% UNITED STATES -- 5.5% SEI Liquidity Fund, L.P., 2.75% **+(F) 178,432,213 178,432 ------------- Total Affiliated Partnership (Cost $178,432) ($ Thousands) 178,432 ------------- COMMERCIAL PAPER (G) -- 1.6% Citigroup 2.214%, 07/03/08 10,000 9,998 HSBC Finance 2.253%, 07/14/08 10,000 9,991 Mitsui & USA 2.254%, 07/10/08 10,000 9,994 Nestle Finance International 2.510%, 07/01/08 8,000 7,999 Sumitomo Corporation of America 2.532%, 07/01/08 6,500 6,500 Toyota Financial Services de Puerto Rico 2.253%, 07/18/08 8,000 7,991 ------------- Total Commercial Paper (Cost $52,473) ($ Thousands) 52,473 ------------- CASH EQUIVALENT -- 0.7% UNITED STATES -- 0.7% SEI Daily Income Prime Obligation Fund, Cl A, 2.53% **+ 21,955,451 21,955 ------------- Total Cash Equivalent (Cost $21,955) ($ Thousands) 21,955 ------------- U.S. GOVERNMENT AGENCY OBLIGATIONS -- 0.7% FHLMC (G) 2.094%, 07/11/08 300 300 2.102%, 11/03/08 16,275 16,135 FNMA (G) 2.016%, 08/13/08 2,225 2,219 2.084%, 09/24/08 125 124 2.531%, 12/10/08 175 173 2.611%, 02/02/09 1,925 1,895 ------------- Total U.S. Government Agency Obligations (Cost $20,870) ($ Thousands) 20,846 -------------
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund June 30, 2008
Face Amount Market Value Description ($ Thousands) ($ Thousands) - ----------- -------------- ------------- U.S. TREASURY OBLIGATIONS -- 0.5% U.S. Treasury Bills 1.823%, 08/21/08 (G) 8,609 $ 8,588 1.859%, 09/18/08 (G) 650 647 U.S. Treasury Inflation Indexed Bonds 2.375%, 04/15/11 3,450 3,655 3.000%, 07/15/12 2,865 3,147 ------------- Total U.S. Treasury Obligations (Cost $15,833) ($ Thousands) 16,037 ------------- Total Investments -- 109.8% ++ (Cost $3,388,926)($ Thousands) $ 3,541,240 =============
A summary of outstanding swap agreements held by the Fund at June 30, 2008, is as follows: TOTAL RETURN SWAPS
COUNTERPARTY REFERENCE ENTITY/OBLIGATION FUND PAYS - ------------------- ---------------------------------------- --------------------------------- Wachovia BAS AAA 10YR CMBS Daily Index Negative Spread Return Bank of America BAS AAA 10YR CMBS Daily Index Negative Spread Return Bank of America BAS AAA 10YR CMBS Daily Index Negative Spread Return Bank of America BAS AAA 10YR CMBS Daily Index Negative Spread Return Barclays Bank PLC BAS AAA 10YR CMBS Daily Index Negative Spread Return JPMorgan Chase Bank BAS AAA 10YR CMBS Daily Index Negative Spread Return Bank of America BAS AAA 10YR CMBS Daily Index Negative Spread Return JPMorgan Chase Bank BAS AAA 10YR CMBS Daily Index Negative Spread Return Bank of America BAS AAA 10YR CMBS Daily Index Negative Spread Return Bank of America BAS AAA 10YR CMBS Daily Index Negative Spread Return JPMorgan Chase Bank BAS AAA 10YR CMBS Daily Index Negative Spread Return JPMorgan Chase Bank MSCI Daily Tr Net EAFE USD Market Index 3 Month Libor Minus 42 Bps Goldman Sachs MSCI Daily Tr Net Japan USD Market Index 3 Month Libor Plus 10 Bps JPMorgan Chase Bank Swiss Market Index Quarterly Reset Spread Plus 47 bp NET UNREALIZED NOTIONAL APPRECIATION TERMINATION AMOUNT (DEPRECIATION) COUNTERPARTY FUND RECEIVES DATE (THOUSANDS) ($ THOUSANDS) - ------------------- -------------------------------- ----------- --- ----------- -------------- Wachovia Initial Index Spread Minus 65 bp 07/31/08 45,000 $ (1,618) Bank of America Initial Index Spread Minus 35 bp 07/31/08 56,000 (2,013) Bank of America Initial Index Spread Minus 20 bp 08/30/08 (18,000) 625 Bank of America Initial Index Spread Plus 29 bp 10/01/08 45,000 (1,617) Barclays Bank PLC Initial Index Spread Minus 50 bp 10/01/08 25,000 (898) JPMorgan Chase Bank Initial Index Spread Plus 50 bp 09/30/08 25,000 (898) Bank of America Initial Index Spread Plus 25 bp 09/30/08 10,000 (359) JPMorgan Chase Bank Initial Index Spread Plus 0 bp 09/30/08 20,000 (719) Bank of America Initial Index Spread Plus 0 bp 09/30/08 41,000 (1,474) Bank of America Initial Index Spread Minus 10 bp 10/31/08 13,000 (467) JPMorgan Chase Bank Initial Index Spread Minus 70 bp 10/31/08 15,000 (540) JPMorgan Chase Bank Price Return 03/19/09 54,317 (1,133) Goldman Sachs Price Return 03/31/09 42,025 1,103 JPMorgan Chase Bank Price Return 01/21/09 CHF 30,951 (1,960) -------- $(11,968) ========
CREDIT DEFAULT SWAPS
NET UNREALIZED NOTIONAL APPRECIATION BUY/SELL (PAYS)/ TERMINATION AMOUNT (DEPRECIATION) COUNTERPARTY REFERENCE ENTITY/OBLIGATION PROTECTION RECEIVES RATE DATE (THOUSANDS) ($THOUSANDS) - ------------------- ----------------------------------------- ---------- ------------- ----------- ----------- -------------- Goldman Sachs CMBX.NA.A 3 Buy (0.62) 12/25/49 2,000 $ 92 Goldman Sachs CMBX.NA.A 3 Buy (0.62) 12/25/49 1,000 177 Goldman Sachs CMBX.NA.A 3 Buy (0.62) 12/25/49 1,000 179 Goldman Sachs CMBX.NA.A 3 Buy (0.62) 12/25/49 1,000 182 Goldman Sachs CDX.NA.IG.10 Index Buy (1.55) 06/20/13 9,500 118
SEI Institutional International Trust / Quarterly Report / June 30, 2008
NET UNREALIZED NOTIONAL APPRECIATION BUY/SELL (PAYS)/ TERMINATION AMOUNT (DEPRECIATION) COUNTERPARTY REFERENCE ENTITY/OBLIGATION PROTECTION RECEIVES RATE DATE (THOUSANDS) ($THOUSANDS) - ------------------- ----------------------------------------- ---------- ------------- ----------- ----------- -------------- Goldman Sachs Centurytel Inc., 6.000% 04/01/17 Buy (1.10) 03/20/13 3,250 $ 88 Merrill Lynch Kroger Co., 5.500%, 02/01/13 Buy (0.64) 03/20/13 3,500 7 Bank of America Safeway Inc., 5.800%, 08/15/12 Buy (0.59) 03/20/13 2,750 1 Goldman Sachs Borgwarner Inc., 6.500%, 02/15/09 Buy (0.66) 03/20/13 3,000 5 Bank of America Lowes Cos. Inc., 8.250%, 06/01/10 Buy (0.95) 03/20/13 1,250 (18) Bank of America Computer Science Corp., 5.000% 02/15/13 Buy (0.65) 06/20/13 3,250 8 Goldman Sachs Borgwarner Inc., 6.500%, 02/15/09 Buy (0.80) 03/20/13 1,750 (8) Goldman Sachs Whirlpool Corp., 7.750% 07/15/16 Buy (0.01) 09/20/13 500 5 Bank of America Lowes Cos. Inc., 8.25% 06/01/10 Buy (0.01) 09/20/13 2,750 (47) Goldman Sachs Anheuser-Busch Cos. Inc., 5.625% 10/01/10 Buy (0.01) 09/20/13 1,750 3 Barclays Bank PLC Anheuser-Busch Cos. Inc., 5.625% 10/01/10 Buy (0.01) 09/20/13 1,500 -- Goldman Sachs CMBX.NA.BBB 2 Buy (0.60) 03/14/49 8,000 719 Bank of America Meadwestavaco Corp., 6.850%, 04/01/12 Buy (0.48) 12/20/11 2,500 116 Merrill Lynch Lowes Cos. Inc., 8.250%, 06/01/10 Buy (0.13) 12/20/11 2,500 26 JPMorgan Chase Bank Southwest Airlines Co., 6.500%, 03/01/12 Buy (0.27) 12/20/11 2,500 196 JPMorgan Chase Bank Black & Decker Corp., 7.125%, 06/01/11 Buy (0.55) 12/20/11 2,500 32 Bank of America Autozone Inc., 5.875%, 10/15/20 Buy (0.44) 12/20/11 2,500 25 Bank of America Gap Inc., 8.800%, 12/15/08 Buy (1.18) 12/20/11 2,500 50 Bank of America Nucor Corp., 4.875%, 10/01/12 Buy (0.22) 12/20/11 2,500 30 Bank of America Black & Decker Corp., 7.125%, 06/01/11 Buy (0.55) 12/20/11 2,500 65 Bank of America The Limited Inc., 6.125%, 12/01/12 Buy (0.48) 12/20/11 2,500 154 Merrill Lynch Donnelley (R.R.) & Sons, 4.950%, 04/01/14 Buy (0.69) 12/20/11 2,500 48 Merrill Lynch MDC Holdings Inc., 5.500%, 05/15/13 Buy (0.90) 12/20/11 2,500 55 Merrill Lynch Lubrizol Corp., 7.250%, 06/15/25 Buy (0.45) 12/20/11 2,500 25 JPMorgan Chase Bank Hasbro Inc., 2.750%, 12/01/21 Buy (0.39) 12/20/11 2,500 32 JPMorgan Chase Bank Lubrizol Corp., 7.250%, 06/15/35 Buy (0.45) 12/20/11 2,500 24 Bank of America Pitney Bowes Inc., 4.625%, 10/01/12 Buy (0.14) 12/20/11 5,200 75 Bank of America Darden Restaurants Inc., 7.125%, 02/01/16 Buy (0.45) 12/20/11 2,500 78 JPMorgan Chase Bank Autozone Inc., 5.875%, 10/15/20 Buy (0.46) 12/20/11 2,500 22 Bank of America TJX Cos. Inc., 7.45%, 12/15/09 Buy (0.19) 12/20/11 2,500 15 JPMorgan Chase Bank Jones Apparel Group., 5.125%, 11/15/14 Buy (0.77) 12/20/11 2,500 170 JPMorgan Chase Bank Gap Inc., 8.800%, 12/15/08 Buy (1.18) 12/20/11 2,500 45 JPMorgan Chase Bank Ppg Industries Inc., 7.050%, 08/15/09 Buy (0.20) 12/20/11 2,500 42 JPMorgan Chase Bank Nucor Corp., 4.875%, 10/01/12 Buy (0.22) 12/20/11 2,500 10 Merrill Lynch Southwest Airlines Co, 6.500%, 03/01/12 Buy (0.27) 12/20/11 2,500 196 Merrill Lynch Nordstrom Inc., 6.950%, 03/15/28 Buy (0.28) 12/20/13 2,500 45 JPMorgan Chase Bank Radian Group Inc., 7.750%, 06/01/11 Buy (0.39) 12/20/13 2,500 1,130 Bank of America Johnson Controls Inc., 7.125%, 07/15/17 Buy (0.39) 12/20/13 2,500 82 Bank of America MGIC Investment Corp., 6.000%, 11/01/15 Buy (0.73) 12/20/13 2,500 702 Bank of America PMI Group Inc., 6.000%, 09/15/16 Buy (0.35) 12/20/13 2,500 837 Bank of America Johnson Controls Inc., 7.125%, 07/15/17 Buy (0.39) 12/20/13 2,500 35 JPMorgan Chase Bank Nordstrom Inc., 6.950%, 03/15/28 Buy (0.28) 12/20/13 2,500 45 JPMorgan Chase Bank Whirlpool Corp., 7.750%, 07/15/16 Buy (0.34) 12/20/11 2,500 105
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund June 30, 2008
NET UNREALIZED NOTIONAL APPRECIATION BUY/SELL (PAYS)/ TERMINATION AMOUNT (DEPRECIATION) COUNTERPARTY REFERENCE ENTITY/OBLIGATION PROTECTION RECEIVES RATE DATE (THOUSANDS) ($THOUSANDS) - ------------------- ----------------------------------------- ---------- ------------- ----------- ----------- -------------- Merrill Lynch Dow Chemical Inc., 6.000%, 10/01/12 Buy (0.25) 12/20/13 2,500 $ 73 Bank of America Masco Corp., 5.875%, 07/15/12 Buy (0.73) 12/20/13 2,500 138 Bank of America Radian Group Inc., 7.75%, 06/01/11 Buy (0.35) 12/20/13 2,500 1,220 JPMorgan Chase Bank Dow Chemical Inc., 6.000%, 10/01/12 Buy (0.26) 12/20/13 2,500 39 JPMorgan Chase Bank PMI Group Inc., 6.000%, 09/15/16 Buy (0.35) 12/20/13 2,500 837 JPMorgan Chase Bank MGIC Investment Corp., 6.000%, 11/01/15 Buy (0.35) 12/20/13 2,500 699 JPMorgan Chase Bank Carnival Corp., 6.650%, 1/15/28 Buy (0.22) 06/20/12 2,000 80 Bank of America Campbell Soup Co., 4.875%, 10/01/13 Buy (0.20) 06/20/14 3,500 25 JPMorgan Chase Bank Washington Mutual Co., 5.250%, 09/15/17 Buy (0.32) 03/20/12 2,300 426 Merrill Lynch Weyerhaeuser Company, 6.750%, 03/15/12 Buy (0.45) 03/20/12 2,500 129 Bank of America Alcan Inc., 4.875%, 09/15/12 Buy (0.32) 03/20/14 2,150 9 Bank of America Alcan Inc., 4.875%, 09/15/12 Buy (0.35) 12/20/13 2,500 (8) JPMorgan Chase Bank CMBX.NA.A 3 Buy (0.62) 02/13/49 3,000 329 Goldman Sachs CDX.NA.IG 9 Index Buy (0.60) 12/20/12 7,500 136 Merrill Lynch CMBX-NA-A 2 Buy (0.25) 03/15/49 1,000 18 JPMorgan Chase Bank CMBX-NA-A 2 Buy (0.25) 03/15/49 2,000 35 ------ $9,556 ======
A summary of the outstanding forward foreign currency contracts held by the Fund at June 30, 2008, is as follows:
UNREALIZED APPRECIATION (DEPRECIATION) SETTLEMENT DATE CURRENCY TO DELIVER (THOUSANDS) CURRENCY TO RECEIVE (THOUSANDS) ($ THOUSANDS) - ----------------- ------------------------------- ------------------------------- -------------- 7/7/08-7/21/08 USD 2,848 ZAR 22,399 $ 2 7/21/08 CAD 145,481 USD 142,766 (615) 7/21/08 CHF 10,334 USD 9,901 (249) 7/21/08 EUR 9,929 SEK 92,970 (186) 7/21/08 HKD 420,196 USD 53,861 (53) 7/21/08 MXP 103,957 USD 10,049 (10) 7/21/08 NOK 41,298 USD 8,031 (62) 7/21/08 NZD 643 USD 490 3 7/21/08 SEK 38,050 EUR 4,082 104 7/21/08 SEK 26,785 USD 4,465 16 7/21/08 SGD 429 USD 316 -- 7/21/08 USD 13,871 CAD 14,196 120 7/21/08 ZAR 97,454 USD 12,017 (369) 7/21/08-7/23/08 USD 31,744 CHF 33,098 765 7/21/08-7/23/08 USD 16,455 HKD 128,307 8 7/21/08-7/23/08 USD 34,232 SEK 207,915 300 7/21/08-7/23/08 USD 19,721 SGD 26,989 167 7/21/08-8/21/08 CHF 92,400 EUR 57,457 (406) 7/21/08-8/21/08 EUR 52,510 CHF 84,000 (57) 7/21/08-10/21/08 EUR 28,825 USD 44,847 (393) 7/21/08-11/21/08 AUD 11,297 USD 10,585 (133) 7/21/08-11/21/08 CHF 23,200 NZD 28,574 (1,251)
SEI Institutional International Trust / Quarterly Report / June 30, 2008
UNREALIZED APPRECIATION (DEPRECIATION) SETTLEMENT DATE CURRENCY TO DELIVER (THOUSANDS) CURRENCY TO RECEIVE (THOUSANDS) ($ THOUSANDS) - ----------------- ------------------------------- ------------------------------- -------------- 7/21/08-11/21/08 GBP 32,168 USD 62,582 $ (883) 7/21/08-11/21/08 NZD 29,259 CHF 23,200 734 7/21/08-11/21/08 USD 91,762 AUD 97,667 1,496 7/21/08-11/21/08 USD 174,743 EUR 112,469 2,061 7/21/08-11/21/08 USD 284,658 GBP 145,599 4,031 7/21/08-12/19/08 CHF 40,200 GBP 19,046 (1,748) 7/21/08-12/19/08 GBP 19,183 CHF 40,200 1,476 7/21/08-12/19/08 USD 6,467 NZD 8,674 36 7/22/08-7/23/08 USD 111,381 JPY 12,004,951 2,016 7/22/08-9/19/08 AUD 17,677 JPY 1,610,000 (1,612) 7/22/08-9/19/08 JPY 2,807,000 AUD 30,083 2,110 7/22/08-12/19/08 EUR 62,155 JPY 9,724,000 (5,366) 7/22/08-12/19/08 GBP 27,461 JPY 5,603,000 (1,465) 7/22/08-12/19/08 JPY 13,420,000 EUR 84,901 6,032 7/22/08-12/19/08 JPY 9,305,000 GBP 45,391 1,845 7/23/08 USD 3,261 DKK 15,707 54 7/23/08 USD 3,894 NOK 20,243 72 10/21/08-11/21/08 NOK 65,217 JPY 1,298,000 (326) 10/21/08-12/19/08 JPY 2,296,000 NOK 113,138 111 10/21/08-12/19/08 SGD 17,200 GBP 6,513 74 11/21/08 GBP 1,641 SGD 4,300 (43) 12/19/08 AUD 3,450 CHF 3,300 11 12/19/08 CHF 3,300 AUD 3,425 (34) ------- $ 8,383 =======
A summary of the open futures contracts held by the Fund at June 30, 2008, is as follows:
NUMBER OF UNREALIZED APPRECIATION (DEPRECIATION) TYPE OF CONTRACT CONTRACTS LONG (SHORT) EXPIRATION DATE ($ THOUSANDS) - ---------------------- ---------------------- --------------- -------------------------------------- 10-Year Swap (554) Sep-2008 $ (89) 90-Day Euro$ 159 Sep-2008 (149) 90-Day Euro$ (214) Dec-2008 (1,056) 90-Day Euro$ 191 Mar-2009 (327) 90-Day Euro$ 445 Jun-2009 152 90-Day Euro$ 465 Sep-2009 122 90-Day Euro$ 140 Dec-2009 (370) 90-Day Euro$ (55) Mar-2010 (48) 90-Day Euro$ (417) Jun-2010 (628) 90-Day Euro$ (110) Sep-2010 (181) 90-Day Euro$ (93) Dec-2010 (136) 90-Day Euro$ (46) Mar-2011 (68) 90-Day Euro$ 78 Jun-2011 39 90-Day Euro$ 85 Sep-2011 41 90-Day Euro$ 30 Dec-2011 22 90-Day Euro$ 30 Mar-2012 24
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Equity Fund June 30, 2008
NUMBER OF UNREALIZED APPRECIATION (DEPRECIATION) TYPE OF CONTRACT CONTRACTS LONG (SHORT) EXPIRATION DATE ($ THOUSANDS) - ---------------------- ---------------------- --------------- -------------------------------------- 90-Day Euro$ 17 Jun-2012 $ 12 90-Day Euro$ 38 Sep-2012 37 Amsterdam Index 109 Jul-2008 (1,331) CAC40 10 Euro 432 Jul-2008 (1,356) Dax Index 170 Sep-2008 (2,353) DJ Euro Stoxx 50 Index 604 Sep-2008 (1,964) FTSE 100 Index 720 Sep-2008 (3,743) Hang Seng Index 68 Jul-2008 (294) IBEX Index 87 Jul-2008 (784) MSCI Sing Index 140 Jul-2008 (177) Nikkei 225 Index 18 Sep-2008 (57) OMX Index 798 Jul-2008 (1,290) S&P/MIB Index 56 Sep-2008 (701) SPI 200 Index 194 Sep-2008 (886) Topix Index 245 Sep-2008 (1,735) U.S. 10-Year Note 12 Sep-2008 11 U.S. 2-Year Note (57) Oct-2008 20 U.S. 5-Year Note (1) Sep-2008 1 -------- $(19,242) ========
Percentages are based on a Net Assets of $3,224,316 ($ Thousands) * Non-income producing security. ** Affiliated security (1) In U.S. Dollars unless otherwise noted. + Rate shown is the 7-day effective yield as of June 30, 2008 (A) This security or a partial position of this security is on loan at June 30, 2008. The total market value of securities on loan at June 30, 2008 was $168,916 ($ Thousands). (B) Real Estate Investments Trust (C) 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. (D) Securities considered illiquid. The total market value of such securities as of June 30, 2008 was $63,279 ($ Thousands) and represented 1.96% of Net Assets. (E) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effects as of June 30, 2008. The date reported on the Schedule of Investments is the next reset date. (F) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of June 30, 2008 was $178,432 ($ Thousands). (G) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase. ++ At June 30, 2008 , the tax basis cost of the Fund's investments was 3,388,926 ($ Thousands), and the unrealized appreciation and depreciation were $390,775 ($ Thousands) and ($238,461) ($ Thousands) respectively. ADR -- American Depositary Receipt ARM -- Adjustable Rate Mortgage AUD -- Australian Dollar CAD -- Canadian Dollar CHF -- Swiss Franc Cl -- Class CMO -- Collateralized Mortgage Obligation CV -- Convertible 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 GNMA -- Government National Mortgage Association HKD -- Hong Kong Dollar IO -- Interest Only - face amount represents notional amount JPY -- Japanese Yen L.P. -- Limited Partnership MXP -- Mexican Peso NIM -- Net Interest Margin NOK -- Norwegian Krone NZD -- New Zealand Dollar SEK -- Swedish Krona SGD -- Singapore Dollar Ser -- Series STRIPS -- Separately Traded Registered Interest and Principal Securities TBA -- To Be Announced USD -- U.S. Dollar ZAR -- South Aftrican Rand Amounts designated as "--" are $0 or have been rounded to $0 For information regarding the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual and annual financial statements. SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Equity Fund June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- COMMON STOCK -- 90.6% ARGENTINA -- 0.1% IRSA Inversiones y Representaciones GDR * 4,800 $ 54 Petrobras Energia Participaciones ADR 83,400 1,001 Telecom Argentina ADR * 38,900 554 -------- 1,609 -------- BAHRAIN -- 0.1% Investcorp Bank GDR *(A) 36,422 929 -------- BRAZIL -- 10.1% Acos Villares 1,020,000 770 Banco do Brasil 128,965 2,115 Banco Itau Holding Financeira ADR (B) 50,188 1,019 BR Malls Participacoes * 67,900 649 Centrais Eletricas Brasileiras 63,080 1,171 Cia Brasileira de Distribuicao Grupo Pao de Acucar ADR (B) 49,600 2,106 Cia de Bebidas das Americas ADR (B) 35,880 2,273 Cia de Concessoes Rodoviarias 29,886 595 Cia de Saneamento Basico do Estado de Sao Paulo ADR 1,160 59 Cia de Saneamento Basico do Estado de Sao Paulo 85,969 2,211 Cia de Saneamento de Minas Gerais-COPASA 32,000 598 Cia Energetica de Minas Gerais ADR (B) 174,628 4,287 Cia Siderurgica Nacional 1,300 58 Cia Vale do Rio Doce ADR 208,400 7,465 Cia Vale do Rio Doce Sponsored ADR 589,528 17,592 CPFL Energia 50,743 1,165 EDP - Energias do Brasil 81,354 1,624 Empresa Brasileira de Aeronautica ADR (B) 17,770 471 Eternit 48,551 208 Fertilizantes Heringer 900 13 Gafisa ADR (B) 39,900 1,371 Gerdau ADR (B) 285,531 6,856 Grendene 151,707 1,722 GVT Holding * 107,200 2,625 Hypermarcas * 42,800 526 Industrias Romi 27,800 292 Light 26,219 373 Localiza Rent A Car 209,900 2,375 Lojas Renner 167,700 3,342 Marfrig Frigorificos e Comercio de Alimentos 91,100 1,163 OGX Petroleo e Gas Participacoes * 4,000 3,186 Petroleo Brasileiro ADR 85,124 6,029 Petroleo Brasileiro Sponsored ADR, Cl A 571,305 33,107 Santos Brasil Participacoes 89,881 1,305 Souza Cruz 55,548 1,594 Tam ADR (B) 50,241 961 Telegraph Norte Leste Participacoes ADR 158,840 3,957 Tim Participacoes ADR (B) 121,800 3,463
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- Unibanco - Uniao de Bancos Brasileiros GDR (B) 85,961 $ 10,911 Usinas Siderurgicas de Minas Gerais 119,000 5,641 Votorantim Celulose e Papel ADR (B) 59,360 1,585 -------- 138,833 -------- CHILE -- 0.9% Administradora de Fondos de Pensiones Provida ADR 7,200 184 Banco de Chile ADR 30,500 1,360 Banco Santander Chile ADR 66,419 2,857 Centros Comerciales Sudamericanos 215,538 648 Cia Cervecerias Unidas 142,070 836 Cia Cervecerias Unidas ADR 41,993 1,224 CorpBanca 21,312,924 115 Embotelladora Andina ADR, Cl B 32,078 490 Enersis ADR 286,437 4,463 La Polar 113,438 461 Multiexport Foods 330,257 102 -------- 12,740 -------- CHINA -- 7.1% Aluminum Corp of China, Cl H 798,922 921 Anhui Conch Cement, Cl H (B) 478,882 3,203 Anhui Expressway, Cl H 704,000 510 Bank of China (B) 13,491,000 6,004 Bank of Communications, Cl H 4,000 5 Baoye Group, Cl H 49,000 28 Bengang Steel Plates, Cl B * 732,907 532 Bosideng International Holdings *(B) 3,850,000 642 BYD Electronic International 1,249,500 742 China Coal Energy 185,000 324 China Communications Construction, Cl H 1,356,000 2,320 China Construction Bank, Cl H 3,332,000 2,684 China COSCO Holdings, Cl H 1,277,500 3,119 China Digital TV Holding ADR * 13,359 186 China High Speed Transmission Equipment Group * 281,000 577 China International Marine Containers, Cl B 566,280 675 China Life Insurance, Cl H 1,121,584 3,927 China Medical Technologies ADR (B) 37,500 1,853 China Merchants Bank 346,000 1,087 China Oilfield Services, Cl H 412,000 740 China Petroleum & Chemical, Cl H 333,130 312 China Shenhua Energy 271,800 1,067 China Shipping Container Lines, Cl H (B) 2,561,000 1,002 China Shipping Development, Cl H 2,374,000 7,124 China Telecom, Cl H 1,222,000 664 China Yurun Food Group (B) 3,655,000 6,009 Ctrip.com International ADR 7,123 326 Dongfang Electric, Cl H 248,000 728 Dongfeng Motor Group, Cl H 1,782,000 713 First Tractor, Cl H 248,000 56 Focus Media Holding ADR *(B) 19,200 532 Great Wall Motor, Cl H 1,974,500 1,309 Great Wall Technology, Cl H 1,284,000 231 Greentown China Holdings (B) 445,000 344 Guangdong Electric Power Development, Cl B 462,500 213
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- Harbin Power Equipment, Cl H 1,324,000 $ 1,919 Huaneng Power International, Cl H 1,654,800 1,148 Industrial & Commercial Bank of China, Cl H 24,129,820 16,494 Jingwei Textile Machinery, Cl H 100,000 22 Mindray Medical International ADR 35,500 1,325 Parkson Retail Group (B) 89,000 649 Perfect World ADR * 11,000 275 PetroChina, Cl H 9,667,107 12,522 PetroChina ADR (B) 7,570 975 Qingling Motors, Cl H 720,000 115 Shanghai Electric Group, Cl H 1,429,000 700 Simcere Pharmaceutical Group ADR * 107,200 1,351 Sinopec Shanghai Petrochemical, Cl H 1,944,000 668 Sinotrans, Cl H 2,323,000 572 Tencent Holdings 139,800 1,081 Weiqiao Textile, Cl H 1,808,900 1,408 Yanzhou Coal Mining, Cl H 2,236,000 4,158 Zhejiang Expressway, Cl H 1,002,000 772 Zhejiang Glass, Cl H * 4,000 3 ZTE, Cl H 41,800 200 -------- 97,066 -------- COLOMBIA -- 0.1% BanColombia ADR (B) 50,900 1,598 -------- CYPRUS -- 0.0% AFI Development GDR * 46,600 360 -------- CZECH REPUBLIC -- 1.0% CEZ 129,696 11,506 Komercni Banka 7,410 1,724 Unipetrol 63,000 1,035 -------- 14,265 -------- EGYPT -- 0.4% Commercial International Bank GDR 107,250 1,647 Egyptian International Pharmaceutical Industrial 42,300 251 El Ezz Steel 30,000 453 National Societe Generale Bank SAE 43,890 306 Orascom Construction Industries GDR (A) 9,255 1,258 Telecom Egypt 462,000 1,393 -------- 5,308 -------- HONG KONG -- 5.6% AAC Acoustic Technologies Holdings * 2,906,000 2,430 ASM Pacific Technology (B) 155,500 1,174 Belle International Holdings 188,000 169 Brilliance China Automotive Holdings *(B) 4,583,000 558 China Mengniu Dairy 485,000 1,375 China Mobile ADR 5,130 343 China Mobile 2,269,417 30,502 China Netcom Group 747,500 2,037 China Power International Development 4,558,200 1,274 China Resources Enterprise 510,000 1,455 China Resources Logic 12,600 10 China State Construction International Holdings 2,084,000 537
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- China Unicom 711,085 $ 1,320 CNOOC 10,107,448 17,396 Cnpc Hong Kong 1,800,000 850 COSCO Pacific 2,296,000 3,763 Denway Motors 4,068,646 1,571 Digital China Holdings 886,000 584 Global Bio-Chemical Technology Group 2,283,500 949 Hopson Development Holdings (B) 378,000 425 Industrial and Commercial Bank of China Asia 513,000 1,385 Lenovo Group 4,424,000 2,996 NWS Holdings 135,199 353 Samson Holding (C) 2,020,000 303 Shanghai Industrial Holdings 179,000 526 Shenzhou International Group Holdings 575,000 153 Shougang Concord International Enterprises 422,000 138 Texwinca Holdings 1,116,600 931 Tianjin Development Holdings 8,000 5 TPV Technology 2,502,000 1,303 -------- 76,815 -------- HUNGARY -- 0.6% Magyar Telekom 489,989 2,393 MOL Hungarian Oil and Gas NyRt * 14,209 1,918 OTP Bank 79,675 3,342 Tisza Chemical Group 12,600 384 -------- 8,037 -------- INDIA -- 5.6% Allahabad Bank 123,700 160 Andhra Bank 375,268 477 Bajaj Holdings and Investment * 7,316 74 Bank 8,200 50 Bank of India 320,401 1,617 Bharat Electronics 20,344 480 Bharat Petroleum 198,173 1,031 Bharti Airtel * 174,162 2,919 Birla 73,137 286 Cairn India * 432,954 2,764 CESC 56,900 520 Dena Bank 13,584 13 Dr Reddys Laboratories 93,470 1,455 Federal Bank 120,536 510 Grasim Industries 18,599 800 Gujarat Alkalies & Chemicals 32,310 119 Gujarat Narmada Valley Fertilizers 162,389 439 Gujarat State Fertilisers 96,419 334 Hero Honda Motors 51,015 821 Hindalco Industries * 497,741 1,646 Hindustan Petroleum 273,870 1,121 Hindustan Zinc 86,080 1,064 Housing Development Finance 64,503 2,946 ICICI Bank ADR 31,420 904 ICICI Bank 202,008 2,959 India Cements 272,970 870 Indian Bank 176,623 363 Indian Overseas Bank 54,084 100 Infosys Technologies 18,398 743 ITC 352,358 1,538
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Equity Fund June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- Jet Airways India 40,750 $ 406 Jindal Stainless 2,930 8 Jindal Steel & Power 1,830 74 JSW Steel 47,290 990 Larsen & Toubro 65,725 3,337 Mahanagar Telephone Nigam 340,140 714 Mahindra & Mahindra 88,925 1,010 National Aluminium 175,812 1,435 Oil & Natural Gas 281,705 5,336 Phoenix Mills 153,627 554 Ranbaxy Laboratories 232,182 2,823 Reliance Industries 98,334 4,788 Satyam Computer Services 248,707 2,525 Sesa GOA * 13,330 1,049 Shipping of India 1,960 10 Siemens India 178,492 1,602 State Bank of India GDR (A) 25,310 1,362 Steel Authority of India 934,021 3,028 Sterlite Industries India ADS * 20,690 329 Sterlite Industries India * 205,623 3,335 Syndicate Bank 112,247 133 Tata Chemicals 14,440 96 Tata Consultancy Services 36,140 721 Tata Motors 34,918 346 Tata Steel 427,522 7,242 Union Bank of India 14,834 38 Unitech 488,171 1,945 Zee Entertainment Enterprises 522,889 2,431 -------- 76,790 -------- INDONESIA -- 1.7% Aneka Tambang 2,571,500 885 Apexindo Pratama Duta 20,000 5 Astra International 665,125 1,389 Bank Mandiri Persero 2,693,092 759 Bank Negara Indonesia Persero 1,025,500 135 Bank Rakyat Indonesia 5,291,000 2,927 Bumi Resources 4,308,000 3,831 Global Mediacom (C) 14,374,500 717 Gudang Garam 1,088,100 761 HM Sampoerna 1,008,500 1,203 Indo Tambangraya Megah 276,000 1,007 International Nickel Indonesia 2,968,530 1,948 Kalbe Farma * 7,166,500 661 Telekomunikasi Indonesia ADR 40,500 1,306 Telekomunikasi Indonesia 6,878,100 5,446 -------- 22,980 -------- ISRAEL -- 2.1% Bank Hapoalim 921,411 4,068 Bank Leumi Le-Israel 424,292 2,115 Bezeq Israeli Telecommunication 2,812,580 5,541 Delek Automotive Systems 22,700 362 First International Bank of Israel * 51,020 618 Israel Chemicals 239,000 5,565 Israel Discount Bank, Cl A * 557,074 1,232 Makhteshim-Agan Industries 70,369 655 Mizrahi Tefahot Bank 54,000 428 Partner Communications 43,351 1,032 Teva Pharmaceutical Industries ADR 137,046 6,277 Teva Pharmaceutical Industries 18,000 823 Union Bank of Israel * 21,090 104
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- -------- $ 28,820 -------- JERSEY -- 0.1% KazakhGold Group GDR * 35,642 820 -------- LUXEMBOURG -- 0.5% MHP GDR *(A) 9,500 176 Tenaris ADR 89,600 6,675 -------- 6,851 -------- MALAYSIA -- 1.9% AMMB Holdings 1,015,287 988 ANN JOO Resources 49,000 57 Berjaya Sports Toto 457,900 681 Bumiputra-Commerce Holdings 369,100 904 Digi.Com 64,700 473 Gamuda 2,204,100 1,578 Genting 175,500 301 HAP Seng Consolidated 70,000 59 Hong Leong Bank 510,009 913 Hong Leong Industries 14,000 17 IOI Properties 164,368 236 KLCC Property Holdings 476,000 396 KNM Group 229,500 446 Kulim Malaysia 65,000 193 Lion Industries 355,000 284 Malayan Banking 1,153,850 2,490 Malaysia Airports Holdings 39,000 35 Malaysian Bulk Carriers 716,714 803 MISC 3,000 8 MMC 1,687,400 1,425 Multi-Purpose Holdings 25,000 11 Oriental Holdings 10,000 18 Padiberas Nasional 174,000 85 Petronas Dagangan 26,200 60 Petronas Gas 18,000 55 Public Bank (Foreign Market) 127,000 412 Public Bank BHD 262,796 836 Ranhill 615,500 176 Resorts World 4,678,400 3,723 Sime Darby 1,375,400 3,894 Southern Steel 49,800 47 Tenaga Nasional 883,075 2,203 Titan Chemicals 78,000 31 UMW Holdings 757,551 1,391 YTL 401,340 829 -------- 26,058 -------- MEXICO -- 4.8% Alfa, Cl A 203,400 1,456 America Movil ADR 2,600 137 America Movil, Ser L (B) 1,363,105 3,602 America Movil ADR, Ser L 224,986 11,868 Carso Global Telecom * 210,354 1,154 Cemex ADR * 220,821 5,454 Cemex 2,804,556 6,949 Coca-Cola Femsa 266,300 1,508 Consorcio ARA 969,273 896 Controladora Comercial Mexicana (B) 289,400 869 Cydsa 57,700 64 Embotelladoras Arca 233,150 859 Empresas ICA *(B) 150,400 943
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- Empresas ICA Sociedaad Controladora ADR * 20,800 $ 517 Financiera Independencia *(C) 514,900 749 Fomento Economico Mexicano ADR 42,046 1,914 GEO * 340,800 1,141 Gruma, Cl B * 497,424 1,362 Grupo Aeroportuario del Sureste, Cl B 57,000 296 Grupo Carso, Ser A1 218,050 1,018 Grupo Casa Saba ADR 4,500 147 Grupo Continental 833,400 2,046 Grupo Financiero Banorte, Cl O (B) 970,364 4,568 Grupo Mexico, Ser B 2,141,439 4,863 Grupo Modelo 220,300 1,122 Industrias, Cl B * 27,600 154 Kimberly-Clark de Mexico, Cl A 117,900 481 Megacable Holdings * 109,100 318 Mexichem 344,900 2,790 Telefonos de Mexico ADR, Ser L (B) 27,520 652 Telmex Internacional ADR *(B) 28,220 454 Urbi Desarrollos Urbanos *(B) 751,893 2,601 Vitro 7,200 12 Wal-Mart de Mexico, Ser V 538,380 2,145 -------- 65,109 -------- NETHERLANDS -- 0.2% New World Resources, Cl A * 11,581 410 Vimetco GDR * 112,131 964 X 5 Retail Group GDR * 34,503 1,163 -------- 2,537 -------- PAKISTAN -- 0.0% National Bank of Pakistan 70,142 151 -------- PANAMA -- 0.1% Copa Holdings, Cl A 51,600 1,453 -------- PERU -- 0.2% Cia de Minas Buenaventura ADR 35,400 2,314 -------- PHILIPPINES -- 0.4% ABS-CBN Broadcasting PDR 479,300 203 Alliance Global Group * 2,950,000 197 Bank of the Philippine Islands 542,026 519 First Philippine Holdings 1,733,600 859 Globe Telecom 29,860 785 JG Summit Holdings 3,229,000 633 Manila Electric 194,460 167 Metropolitan Bank & Trust * 166,800 123 Petron 1,102,000 160 Philex Mining 3,264,200 516 Philippine Long Distance Telephone 14,550 776 SM Investments 140,324 766 Union Bank of Philippines 460,500 333 -------- 6,037 -------- POLAND -- 1.3% Bank BPH 22,837 772 Bank Handlowy w Warszawie 39,168 1,473 Bank Pekao 15,410 1,192 Ciech 9,100 287 Cyfrowy Polsat * 218,722 1,378
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- Grupa Lotos * 40,303 $ 502 KGHM Polska Miedz 65,016 3,057 Polish Oil & Gas 882,000 1,381 Polski Koncern Naftowy Orlen 204,610 3,284 Powszechna Kasa Oszczednosci Bank Polski 74,203 1,600 Telekomunikacja Polska 372,356 3,613 -------- 18,539 -------- RUSSIA -- 12.0% Evraz Group GDR 49,835 5,815 LUKOIL ADR 270,236 26,537 Mechel ADR 121,456 6,017 MMC Norilsk Nickel ADR (B) 390,140 9,871 Mobile Telesystems ADR 89,600 6,864 NovaTek OAO GDR 10,832 941 Novolipetsk Steel GDR 26,400 1,492 Novorossiysk Commercial Sea Port GDR 123,912 1,855 OAO Gazprom ADR 1,169,239 67,816 Pharmstandard GDR * 39,627 1,092 Polyus Gold ADR (B) 13,520 375 Rosneft Oil GDR (A) 566,295 6,576 Sberbank GDR * 19,510 7,310 Severstal GDR (A)(B) 76,186 1,981 Surgutneftegaz ADR 233,186 2,565 Tatneft GDR 24,350 3,652 Uralkali GDR 115,225 8,377 Vimpel-Communications ADR 147,400 4,375 VTB Bank GDR (A)(B) 68,000 473 -------- 163,984 -------- SINGAPORE -- 0.2% Goodpack (C) 270,000 306 Total Access Communication (C) 1,335,000 2,136 -------- 2,442 -------- SOUTH AFRICA -- 6.5% ABSA Group 61,305 642 African Bank Investments (B) 431,717 1,302 African Rainbow Minerals 33,000 1,180 AngloGold Ashanti (B) 50,748 1,743 AngloGold Ashanti ADR (B) 78,049 2,649 ArcelorMittal South Africa 50,385 1,435 Aspen Pharmacare Holdings 315,800 1,283 Assore 4,200 429 Aveng 75,204 557 Barloworld (B) 94,275 963 Bidvest Group 51,394 646 DataTec 86,758 287 Exxaro Resources 67,000 1,236 FirstRand (B) 1,467,872 2,494 Gold Fields ADR 122,981 1,556 Gold Fields 26,000 330 Harmony Gold Mining ADR *(B) 170,400 2,087 Harmony Gold Mining *(B) 230,068 2,792 Impala Platinum Holdings 226,812 8,953 JD Group (B) 144,750 485 Kumba Iron Ore 12,806 515 Liberty Group (B) 103,074 818 Liberty Holdings 16,574 462 Metropolitan Holdings 544,592 760 MTN Group (B) 342,531 5,448
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Equity Fund June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- Murray & Roberts Holdings 334,585 $ 3,718 Mvelaphanda Resources * 22,000 183 Nampak (B) 651,232 1,102 Naspers, Cl N 54,700 1,195 Nedbank Group (B) 244,287 2,869 Omnia Holdings 17,350 168 Palabora Mining 4,000 81 Remgro 74,899 1,798 RMB Holdings (B) 177,727 477 Sanlam (B) 2,082,457 4,416 Sappi (B) 329,948 4,002 Sasol 353,729 20,831 Shoprite Holdings 181,085 914 Standard Bank Group 444,052 4,328 Steinhoff International Holdings 352,979 718 Telkom 33,230 601 ---------- 88,453 ---------- SOUTH KOREA -- 12.2% Amorepacific 332 206 Daegu Bank 55,320 735 Daelim Industrial 8,000 818 Daewoo Shipbuilding & Marine Engineering 102,131 3,993 Daishin Securities 640 14 Daou Technology 20,210 129 Dongbu Insurance 1,200 44 Doosan * 5,500 920 Hana Financial Group 23,453 902 Handsome 13,738 154 Hanwha Chemical 75,931 842 Hyundai Department Store 1,240 100 Hyundai Development 71,600 3,628 Hyundai Heavy Industries 28,549 8,843 Hyundai Mipo Dockyard 10,394 2,037 Hyundai Mobis 38,837 3,145 Hyundai Motor 22,461 1,525 Kangwon Land 21,890 479 KCC Engineering & Construction 3,100 120 Kookmin Bank 93,450 5,521 Kookmin Bank ADR (B) 63,000 3,686 Korea Development Financing 1,890 73 Korea Electric Power 193,576 5,690 Korea Fine Chemical 1,620 132 Korea Iron & Steel 4,920 399 Korean Petrochemical Industries 3,890 186 Korean Reinsurance 56,830 655 KT ADR 60,270 1,285 KT 16,360 700 KT&G 114,599 9,860 Kumho Tire 102,730 878 Kyeryong Construction Industrial 8,130 233 LG 53,309 3,460 LG Chem 36,883 3,526 LG Electronics 75,785 8,585 LG Philips LCD 154,562 5,792 Lotte Shopping 13,570 4,041 LS Cable 10,460 916 Nong Shim 5,558 1,188 Nong Shim Holdings 3,019 208 Ottogi 630 91 Pacific 1,806 222
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- POSCO 9,094 $ 4,729 POSCO ADR (B) 4,040 524 Pusan Bank 89,525 1,198 S1 17,358 1,042 Samho International 15,040 198 Samsung C&T 27,785 1,503 Samsung Card 15,300 676 Samsung Electronics 61,785 36,916 Samsung Fire & Marine Insurance 30,509 6,373 Samsung Heavy Industries 43,999 1,569 Samwhan 8,150 158 Samyang Genex 2,589 152 SFA Engineering 5,170 329 Shinhan Financial Group 139,938 6,328 Shinsegae 12,357 6,651 Shinyoung Securities 1,649 71 SK Energy 21,633 2,409 SK Gas 3,709 280 SK Holdings 17,472 2,155 SK Telecom ADR (B) 159,330 3,309 SK Telecom 6,438 1,172 S-Oil 26,920 1,729 STX Pan Ocean 331,200 657 Young Poong 30 14 Youngone 25,170 177 ---------- 166,280 ---------- TAIWAN -- 10.5% Ability Enterprise 592,000 655 Acer 1,817,640 3,581 Advanced Semiconductor Engineering 4,673,692 4,204 Asustek Computer 1,145,272 3,117 AU Optronics 4,213,168 6,621 Catcher Technology 364,940 1,040 Cathay Financial Holding 3,109,213 6,761 Chi Mei Optoelectronics 1,408,000 1,626 China Bills Finance * 800,000 186 China Development Financial Holding 3,778,000 1,525 China Motor 825,985 533 China Petrochemical Development * 792,000 352 China Steel 1,433,000 2,212 Chinatrust Financial Holding 7,942,947 7,667 Chunghwa Picture Tubes * 3,769,000 987 Chunghwa Telecom ADR 27,090 687 Chunghwa Telecom 3,593,863 9,295 Compal Electronics 5,310,204 5,738 CTCI 347,550 278 Delta Electronics 554,077 1,543 Evergreen Marine Taiwan 664,000 527 Far Eastern Department Stores * 245,000 261 Far Eastern Textile 387,372 505 Farglory Land Development 170,000 530 First Financial Holding 556,872 611 Formosa Chemicals & Fibre 1,081,000 2,130 Formosa Plastics 556,000 1,341 Fubon Financial Holding 860,000 878 Gigabyte Technology * 328,000 249 Global Brands Manufacture * 100,000 94 Grand Pacific Petrochemical * 322,000 96 HannStar Display * 3,519,000 1,281 High Tech Computer 192,997 4,324 HON HAI Precision Industry 1,462,281 7,202
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- Inventec 914,000 $ 539 Lite-On Technology 1,616,527 1,627 MediaTek 406,550 4,688 Mega Financial Holding 1,638,000 1,295 Mitac International 154,000 104 Nan Ya Plastics 2,576,000 5,474 Nan Ya Printed Circuit Board 166,203 832 Nien Hsing Textile 674,000 364 Powerchip Semiconductor 2,288,626 651 President Chain Store 243,000 809 Qisda * 716,000 477 Quanta Computer 2,879,335 4,459 Siliconware Precision Industries 2,191,621 3,231 SinoPac Financial Holdings 5,287,230 2,291 Taiwan Cooperative Bank 824,000 766 Taiwan Fertilizer 1,051,000 3,947 Taiwan Semiconductor Manufacturing ADR (B) 454,700 4,961 Taiwan Semiconductor Manufacturing 8,482,027 18,164 Tatung * 2,119,000 855 Teco Electric and Machinery 605,000 339 Tripod Technology 267,300 668 Tung Ho Steel Enterprise 442,000 794 United Microelectronics 4,823,266 2,558 Universal Scientific Industrial 500,000 262 UPC Technology * 385,000 205 Walsin Lihwa 1,630,000 588 Walsin Technology 298,000 151 Wan Hai Lines 650,000 501 Wistron 581,885 832 Yageo 2,729,440 844 Yuanta Financial Holding 3,385,000 2,370 ---------- 144,283 ---------- THAILAND -- 2.1% Advanced Info Service 355,100 951 Bangkok Bank 768,194 2,749 Bangkok Bank NVDR (B) 464,000 1,651 BEC World 190,671 140 Charoen Pokphand Foods 9,398,600 1,057 Electricity Generating 166,834 422 Kasikornbank 625,300 1,346 Kiatnakin Bank 24,700 18 Krung Thai Bank 5,504,700 1,391 PTT 529,556 4,783 PTT Chemical 22,300 70 PTT Exploration & Production 255,819 1,477 PTT NVDR (B) 173,000 1,563 Ratchaburi Electricity Generating Holding 91,500 115 Siam Cement 215,200 1,281 Siam Commercial Bank 3,369,516 7,811 Thai Airways International 944,080 596 Thai Rayon 37,000 64 Thai Union Frozen Products (B) 957,900 478 Thoresen Thai Agencies (B) 166,340 204 ---------- 28,167 ---------- TURKEY -- 1.1% Akbank 153,739 533 Akcansa Cimento 13,000 41 Aygaz 93,340 218
Market Value Description Shares ($ Thousands) - ----------- ---------- ------------- Bossa Ticaret Sanayi Isletme 80,000 $ 67 Eregli Demir ve Celik Fabrikalari 81,667 668 Haci Omer Sabanci Holding 1,039,994 3,555 KOC Holding * 546,250 1,492 Sinpas Gayrimenkul Yatirim Ortakligi *(D) 61,990 224 Tofas Turk Otomobil Fabrikasi 445,169 1,296 Turk Sise ve Cam Fabrikalari 954,595 1,015 Turkcell Iletisim Hizmet ADR (B) 27,900 406 Turkcell Iletisim Hizmet 421,036 2,411 Turkiye Garanti Bankasi 297,340 686 Turkiye Is Bankasi, Cl C 530,070 1,734 Turkiye Vakiflar Bankasi Tao, Cl D 628,957 818 ---------- 15,164 ---------- UNITED KINGDOM -- 1.0% Anglo American 112,041 7,857 BHP Billiton 49,728 1,883 Vedanta Resources 87,492 3,808 ---------- 13,548 ---------- UNITED STATES -- 0.1% Central European Distribution * 12,400 920 ---------- Total Common Stock (Cost $1,087,686) ($ Thousands) 1,239,260 ---------- PREFERRED STOCK -- 6.8% BRAZIL -- 6.8% Banco Bradesco 96,700 1,983 Banco Itau Holding Financeira 213,000 4,340 Bradespar 52,757 1,433 Brasil Telecom 3,261 35 Brasil Telecom Participacoes 99,418 1,475 Braskem 163,300 1,312 Centrais Eletricas Brasileiras 33,644 554 Centrais Eletricas de Santa Catarina 13,400 398 Cia de Gas de Sao Paulo 26,000 737 Cia de Tecidos do Norte de Minas - Coteminas * 180,932 904 Cia de Transmissao de Energia Eletrica Paulista 45,000 1,484 Cia Energetica de Minas Gerais 62,567 1,544 Cia Energetica do Ceara 27,000 343 Cia Paranaense de Energia 101,035 2,056 Cia Vale do Rio Doce 377,339 11,305 Eletropaulo Metropolitana Eletricidade de Sao Paulo 132,756 3,138 Gerdau 106,400 2,564 Investimentos Itau 1,082,006 6,925 Mangels Industrial * 5,600 56 Marcopolo 153,675 609 Metalurgica Gerdau, Cl A 58,960 1,917 NET Servicos de Comunicacao * 359,700 4,528 Petroleo Brasileiro 757,532 22,014 Sadia 151,110 1,078 Tam 214,285 4,112 Telecomunicacoes de Sao Paulo 90,557 2,579 Telegraph Norte Leste Participacoes 134,288 3,369 Telemar Norte Leste 63,641 3,497 Telemig Celular Participacoes 30,404 893 Universo Online 13,000 70
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Equity Fund June 30, 2008
Shares/ Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Usinas Siderurgicas de Minas Gerais 73,575 $ 3,648 Votorantim Celulose e Papel 41,200 1,111 ------- 92,011 ------- INDIA -- 0.0% Tata Steel * 161,152 413 ------- Total Preferred Stock (Cost $58,602)($ Thousands) 92,424 -------
Number Of Warrants -------------- EQUITY LINKED WARRANTS -- 0.4% HONG KONG -- 0.0% China Overseas Land, Expires 08/29/08* 237,500 -- ---------- RUSSIA -- 0.3% Sberbank, Expires 02/23/10 * 1,195,000 3,776 ---------- UNITED ARAB EMIRATES -- 0.1% Citigroup Global Markets Holdings, Expires 03/24/09* 548,332 1,620 ---------- Total Equity Linked Warrants (Cost $4,800) ($ Thousands) 5,396 ---------- DEBENTURE BOND -- 0.0% BRAZIL -- 0.0% Cia Vale do Rio Doce* 0.000%, 09/30/49 (E) 8 -- ---------- Total Debenture Bond (Cost $0) ($ Thousands) -- ---------- AFFILIATED PARTNERSHIP -- 6.8% UNITED STATES -- 6.8% SEI Liquidity Fund, L.P., 2.75% **+(F) 93,359,369 93,359 ---------- Total Affiliated Partnership (Cost $93,359) ($ Thousands) 93,359 ---------- CASH EQUIVALENT -- 0.9% UNITED STATES -- 0.9% SEI Daily Income Prime Obligation Fund, Cl A, 2.53% **+ 12,926,806 12,927 ---------- Total Cash Equivalent (Cost $12,927) ($ Thousands) 12,927 ---------- Total Investments -- 105.5% (Cost $1,257,374)($ Thousands) ++ $1,443,366 ==========
Percentages are based on a Net Assets of $1,367,817($ Thousands) * Non-income producing security. ** Affiliated security (1) In U.S. dollars unless otherwise noted. + Rate shown is the 7-day effective yield as of June 30, 2008 (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 June 30, 2008. The total market value of securities on loan at June 30, 2008 was $89,804 ($ Thousands). (C) Securities considered illiquid. The total market value of such securities as of June 30, 2008 was $4,211 ($ Thousands) and represented 0.31% of Net Assets. (D) Real Estate Investments Trust (E) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effects as of June 30, 2008. The date reported on the Schedule of Investments is the next reset date. (F) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of June 30, 2008 was $93,359 ($ Thousands) ++ At June 30, 2008 , the tax basis cost of the Fund's investments was 1,257,374 ($ Thousands), and the unrealized appreciation and depreciation were $273,534 ($ Thousands) and ($87,542) ($ Thousands) respectively. ADR -- American Depositary Receipt ADS -- American Depositary Share Cl -- Class GDR -- Global Depositary Receipt L.P. -- Limited Partnership NVDR -- Non-Voting Depositary Receipt PDR -- Philippine Depositary Receipt Ser -- Series Amounts designated as "--" are $0 or have been rounded to $0 For information regarding the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual and annual financial statements. SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- GLOBAL BONDS -- 62.9% AUSTRALIA -- 1.4% Australia Government Bond 5.750%, 04/15/12 2,805 $ 2,610 5.250%, 08/15/10 420 391 FMG Finance 9.750%, 09/01/13 350 591 Macquarie Bank, Ser E MTN 5.500%, 09/19/08 (A) GBP 336 597 New S Wales Treasury MTN 7.000%, 12/01/10 4,950 4,715 Queensland Treasury 6.000%, 08/14/13 460 421 Rio Tinto Finance USA 5.875%, 07/15/13 795 799 WT Finance Aust Pty 3.625%, 06/27/12 150 206 ------------- 10,330 ------------- AUSTRIA -- 0.2% Telekom Finanzmanagement MTN 5.000%, 07/22/13 601 895 Wienerberger 6.500%, 02/09/09 (A) 300 403 ------------- 1,298 ------------- BELGIUM -- 1.2% Belgium Government Bond 4.000%, 03/28/22 2,100 2,966 Kingdom of Belgium, Ser 31 5.500%, 03/28/28 3,872 6,354 ------------- 9,320 ------------- BERMUDA -- 0.1% SeaDrill 7.590%, 07/23/08 (A) NOK 2,000 393 ------------- CANADA -- 2.1% Bell Canada MTN 5.000%, 02/15/17 270 216 Canadian Government Bond 3.750%, 06/01/12 8,000 7,975 Canadian Natural Resources 5.150%, 02/01/13 175 175 Canadian Pacific Railway 6.500%, 05/15/18 130 129 Canadian Treasury Bill 2.429%, 08/21/08 (B) 3,890 3,820 General Motors Nova Scotia Finance 8.875%, 07/10/23 160 177 Government of Canada 5.000%, 06/01/37 2,000 2,277 Toronto-Dominion Bank MTN 5.375%, 05/14/15 300 455 YPG Holdings MTN 5.250%, 02/15/16 665 600 ------------- 15,824 ------------- CAYMAN ISLANDS -- 1.2% BES Finance MTN 5.580%, 07/02/09 (A) 869 1,148
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Dar Al-Arkan International 4.959%, 07/16/08 (A) 825 $ 768 Mizuho Capital Investment 5.020%, 06/30/09 (A) 1,850 2,518 MUFG Capital Finance 2 4.850%, 07/25/08 (A) 1,481 1,773 Pacific Life Funding MTN 5.500%, 05/14/09 691 1,080 Resona Preferred Global Securities 7.191%, 07/30/08 (A)(C) 443 409 Vale Overseas 6.875%, 11/21/36 301 280 Yorkshire Power Finance 7.250%, 08/04/28 GBP 408 835 ------------ 8,811 ------------ CHILE -- 0.1% Nacional del Cobre de Chile - CODELCO 6.150%, 10/24/36 (C) 640 609 ------------ CZECH REPUBLIC -- 0.2% Czech Republic Bond 6.550%, 10/05/11 25,000 1,734 ------------ DENMARK -- 1.2% Danica Pension 4.350%, 10/29/49 1,980 2,854 Danske Bank, Ser E MTN 5.875%, 03/26/09 (A) 540 818 Kingdom of Denmark 4.000%, 11/15/17 DKK 10,025 1,972 Nykredit 5.000%, 10/01/08 (A) DKK 19,053 3,607 ------------ 9,251 ------------ FRANCE -- 6.2% AXA, Ser E MTN 5.777%, 07/06/09 (A) 1,100 1,511 Caisse Nationale des Autoroutes 4.500%, 03/28/18 813 1,229 Caisse Nationale des Caisses d'Epargne et de Prevoyance MTN 6.117%, 10/30/08 (A) 250 333 4.750%, 02/01/09 (A) 200 247 Caisse Refinancement de l'Habitat 4.250%, 10/25/14 332 496 CIE Financement Foncier 4.625%, 07/15/08 1,400 2,119 CMA CGM Registered 5.500%, 05/16/12 170 224 Compagnie De St Gobain, Ser E MTN 4.994%, 07/11/08 (A) 350 524 Credit Logement MTN 5.558%, 09/15/08 (A) 300 426 4.604%, 03/16/09 (A) 200 280
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Government of France 5.750%, 10/25/32 8,830 $ 15,293 4.750%, 04/25/35 6,640 10,059 4.000%, 10/25/38 840 1,119 3.750%, 04/25/21 1,433 2,008 3.750%, 04/25/17 2,205 3,219 Government of France, Ser E 3.500%, 04/25/15 2,300 3,361 Lafarge 6.150%, 07/15/11 800 805 Natixis, Ser E 5.087%, 07/28/08 (A) 300 427 Renault, Ser E MTN 4.625%, 05/28/10 1,000 1,537 Societe Generale MTN 6.999%, 12/19/08 (A) 300 422 5.041%, 09/08/08 (A) 200 296 Veolia Environnement 5.250%, 06/03/13 585 584 ------------- 46,519 ------------- GERMANY -- 3.6% Bayer MTN 5.000%, 07/29/08 (A) 718 960 Bayer, Ser E MTN 5.625%, 05/23/18 150 270 4.842%, 07/10/08 (A) 250 390 Bayerische Landesbank, Ser E MTN 4.500%, 02/07/09 (A) 1,000 1,323 Bundesobligation 4.000%, 04/13/12 1,250 1,922 Bundesrepublik Deutschland 5.250%, 01/04/11 195 313 4.250%, 07/04/18 525 803 4.250%, 07/04/39 4,875 6,922 4.250%, 01/04/14 400 618 3.750%, 01/04/17 250 370 Commerzbank, Ser E MTN 4.125%, 09/13/08 (A) 400 580 Deutsche Boerse 7.500%, 06/13/09 (A) 250 390 Deutsche Bundesrepublik 4.250%, 07/04/17 300 460 Deutsche Bundesrepublik 4.750%, 07/04/34 5,425 8,311 Deutsche Bundesrepublik, Ser 05 3.250%, 07/04/15 275 397 Gazprom OAO 9.625%, 03/01/13 470 519 Henkel KGaA 5.375%, 11/25/08 (A) 221 298 KFW 4.700%, 06/02/37 2,080 2,010 ------------- 26,856 ------------- GREECE -- 0.7% Hellenic Republic Government Bond 4.600%, 07/20/18 1,275 1,901 4.500%, 09/20/37 2,700 3,616 ------------- 5,517 -------------
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- HONG KONG -- 0.2% Hong Kong Government Bond 1.770%, 05/17/10 14,700 $ 1,863 ------------- IRELAND -- 1.0% Anglo Irish Bank MTN 5.408%, 09/25/08 (A) 450 652 5.211%, 09/19/08 (A) 200 262 Ardagh Glass Group PIK 10.750%, 03/01/15 178 246 GE Capital European Funding, Ser E MTN 4.375%, 03/30/11 400 611 GE Capital UK Funding, Ser E MTN 5.125%, 03/03/15 1,875 3,397 Hypo Real Estate International Trust I 5.864%, 06/14/09 (A) 1,000 936 TransCapit (Transneft) Registered 5.381%, 06/27/12 600 882 UT2 Funding 5.321%, 06/30/16 540 640 ------------- 7,626 ------------- ITALY -- 2.6% Banca Italease, Ser E MTN 5.057%, 08/04/08 (A) 700 1,021 Banca Popolare di Milano Scarl 9.000%, 06/25/09 (A) 200 305 Banco Popolare Scarl, Ser E MTN 5.207%, 08/08/08 (A) 1,350 1,951 Buoni Poliennali Del Tesoro 5.750%, 02/01/33 4,170 6,873 IFIL - Investments 5.375%, 06/12/17 200 270 Intesa Sanpaolo MTN 6.375%, 11/12/08 (A) 300 569 Italy Buoni Poliennali Del Tesoro 2.350%, 09/15/19 2,150 3,306 SanPaolo IMI, Ser E MTN 6.375%, 04/06/10 2,150 3,393 Unicredito Italiano, Ser E 4.500%, 09/22/19 1,300 1,866 ------------- 19,554 ------------- JAPAN -- 12.0% Aiful 6.000%, 12/12/11 (C) 534 441 Development Bank of Japan 2.300%, 03/19/26 110,000 1,065 East Japan Railway, Ser E MTN 4.750%, 12/08/31 GBP 1,000 1,685 Fukoku Mutual Life Insurance 4.500%, 09/28/08 (A) EUR 500 664 Government of Japan 10 Year Bond, Ser 256 1.400%, 12/20/13 221,000 2,106 Government of Japan 15 Year Bond 0.920%, 11/20/08 (A) 100,000 877 Government of Japan 15 Year Bond, Ser 35 0.500%, 07/20/08 (A) 240,500 2,062
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Government of Japan 15 Year Bond, Ser 39 1.220%, 03/20/21 349,000 $ 3,195 Government of Japan 15 Year Bond, Ser 40 1.270%, 11/20/08 (A) 406,600 3,866 Government of Japan 20 Year Bond 2.100%, 12/20/27 15,800 147 2.100%, 12/20/27 211,000 1,962 1.500%, 03/20/19 435,000 4,031 Government of Japan 20 Year Bond, Ser 48 2.500%, 12/21/20 1,203,000 12,155 Government of Japan 20 Year Bond, Ser 82 2.100%, 09/20/25 719,000 6,774 Government of Japan 30 Year Bond, Ser 20 2.500%, 09/20/35 64,000 616 Government of Japan 30 Year Bond, Ser 22 2.500%, 03/20/36 287,000 2,754 Government of Japan 5 Year Bond 0.800%, 03/20/13 574,700 5,338 Government of Japan CPI Linked Bond 1.400%, 03/10/18 92,927 896 1.300%, 09/10/17 111,600 1,067 1.200%, 12/10/17 441,694 4,182 Government of Japan CPI Linked Bond, Ser 10 1.100%, 12/10/16 1,930,000 18,270 Government of Japan CPI Linked Bond, Ser 5 0.800%, 09/10/15 498,988 4,671 Japan Finance for Municipal Enterprises 2.000%, 05/09/16 540,000 5,291 1.350%, 11/26/13 275,000 2,610 Resona Bank MTN 4.125%, 09/27/08 (A) EUR 1,000 1,301 Sumitomo Mitsui Banking 5.625%, 10/15/08 (A)(C) 228 205 4.375%, 10/27/08 (A) EUR 830 1,262 4.375%, 10/15/08 (A) EUR 460 562 ------------- 90,055 ------------- JERSEY -- 0.2% EFG Hellas Funding 4.565%, 11/02/08 (A) 250 291 HBOS Capital Funding 4.939%, 05/23/09 (A) 1,000 1,135 ------------- 1,426 ------------- LUXEMBOURG -- 1.0% ArcelorMittal 5.375%, 06/01/13 (C) 800 793 Basell AF SCA Registered 8.375%, 08/15/15 173 177 Dexia Funding 4.892%, 11/02/08 (A) 811 942 Gaz Capital 6.212%, 11/22/16 (C) 230 215
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Gaz Capital (Gazprom), Ser E MTN 6.580%, 10/31/13 150 $ 274 Glencore Finance Europe MTN 7.125%, 04/23/15 300 454 6.500%, 02/27/19 400 695 OAO Gazprom 7.288%, 08/16/37 500 460 Telecom Italia Finance, Ser E MTN 7.500%, 04/20/11 2,050 3,329 Tyco International Group 6.000%, 11/15/13 331 319 ------------- 7,658 ------------- MEXICO -- 0.1% Mexican Bonos, Ser MI10 9.000%, 12/20/12 10,000 975 ------------- NETHERLANDS -- 3.8% Adecco International Financial Services 4.500%, 04/25/13 1,200 1,720 Allianz Finance II 6.125%, 05/31/09 (A) 1,000 1,552 ASML Holding 5.750%, 06/13/17 400 520 Asset Repackaging Trust PIK MTN 12.274%, 07/18/08 (A) 267 407 Bank Nederlandse Gemeenten, Ser E MTN 4.000%, 03/02/09 3,000 4,692 BMW Finance, Ser E MTN 5.000%, 08/06/18 383 568 Boats Investments MTN 11.000%, 03/31/17 250 347 Eureko 5.125%, 06/24/09 (A) 450 586 Generali Finance 5.479%, 02/08/09 (A) 450 615 Government of Netherlands 7.500%, 01/15/23 4,143 8,227 Iberdrola International, Ser E MTN 4.875%, 02/18/13 800 1,215 ING Bank, Ser E MTN 5.500%, 01/04/12 556 864 4.176%, 06/08/09 (A) 382 474 ING Verzekeringen 6.250%, 06/21/09 (A) 1,000 1,538 Linde Finance 8.125%, 07/14/08 (A) 375 757 Netherlands Government Bond 4.500%, 07/15/17 1,500 2,312 Rabobank Nederland, Ser E MTN 4.125%, 04/04/12 1,250 1,891 Siemens Financieringsmat 6.125%, 09/14/08 (A) 275 488 ------------- 28,773 ------------- NORWAY -- 1.6% DDI Holding 10.000%, 03/15/12 2,000 385 Eksportfinans MTN 4.375%, 09/20/10 1,815 2,798
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------ Government of Norway 6.000%, 05/16/11 22,700 $ 4,499 MPU Offshore Lift 11.100%, 12/22/11 (A) 1,500 147 Norway Treasury Bill 5.434%, 09/17/08 (B) 12,000 2,328 Petrojack 12.760%, 08/29/08 (A) 2,000 399 11.000%, 04/19/10 1,500 297 Petrolia Drilling 12.000%, 06/20/12 1,000 195 10.750%, 02/14/11 1,500 322 Sevan Drilling 11.650%, 12/08/08 (A) 2,000 389 ------------- 11,759 ------------- POLAND -- 0.3% Republic of Poland MTN 5.625%, 06/20/18 1,275 2,006 4.750%, 04/25/12 605 265 ------------- 2,271 ------------- RUSSIA -- 0.5% RS Finance 6.825%, 09/16/09 300 456 RSHB Capital 7.750%, 05/29/18 (C) 1,712 1,678 Russian Federation Registered 7.500%, 03/31/30 (D) 1,162 1,304 ------------- 3,438 ------------- SINGAPORE -- 0.5% Singapore Government Bond 4.625%, 07/01/10 1,798 1,409 4.000%, 09/01/18 2,800 2,134 ------------- 3,543 ------------- SOUTH AFRICA -- 0.6% Foodcorp Registered 8.875%, 06/15/12 330 343 Republic of South Africa 13.000%, 08/31/10 25,000 3,263 South Africa Government Bond 8.000%, 12/21/18 4,275 454 6.750%, 03/31/21 3,900 364 ------------- 4,424 ------------- SPAIN -- 0.1% Mapfre 5.921%, 07/24/08 (A) 350 466 Santander Issuances S.A Unipersonal MTN 5.204%, 07/25/08 (A) 250 377 ------------- 843 ------------- SUPRA-NATIONAL -- 2.6% European Investment Bank 6.000%, 08/14/13 AUD 700 631 1.400%, 06/20/17 JPY 1,971,600 18,253 International Finance 11.000%, 07/01/09 ZAR 8,080 1,016 ------------- 19,900 -------------
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- SWEDEN -- 1.4% Kingdom of Sweden, Ser 1043 5.000%, 01/28/09 42,450 $ 7,077 Kingdom of Sweden, Ser 1046 5.500%, 10/08/12 9,550 1,635 Svenska Handelsbanken MTN 4.984%, 07/21/08 (A) 500 749 Svenska Handelsbanken, Ser E MTN 4.194%, 12/16/08 (A) 467 603 Swedbank, Ser E MTN 5.750%, 09/17/08 (A) GBP 420 704 ------------- 10,768 ------------- SWITZERLAND -- 0.4% UBS MTN 6.625%, 04/11/18 250 485 5.875%, 12/20/17 800 778 5.375%, 04/11/11 400 619 5.010%, 08/18/08 (A) 500 737 ------------- 2,619 ------------- UNITED ARAB EMIRATES -- 0.8% Emirate of Abu Dhabi 5.500%, 08/02/12 (C) 3,000 3,088 Nakheel Development 3.173%, 12/14/09 1,285 1,336 National Bank of Abu Dhabi MTN 5.875%, 02/27/12 950 1,797 ------------- 6,221 ------------- UNITED KINGDOM -- 7.3% Abbey National Treasury Services 5.375%, 12/30/09 389 760 Abbey National Treasury Services, Ser E MTN 4.250%, 04/12/21 EUR 1,850 2,509 AIB UK 1 4.781%, 12/17/08 (A) EUR 194 213 Alliance & Leicester MTN 4.750%, 03/01/11 322 588 Alliance & Leicester, Ser E MTN 4.250%, 12/30/08 540 1,048 Anglian Water Services Financing, Ser A5 MTN 6.293%, 07/30/30 500 942 Anglian Water Services Financing, Ser E MTN 5.250%, 10/30/15 280 510 4.625%, 10/07/13 1,450 2,126 Bank of Ireland Holdings, Ser 1 MTN 7.400%, 03/07/09 (A) 550 820 Bank of Scotland, Ser E MTN 4.750%, 06/08/22 1,775 2,518 Barclays Bank MTN 6.750%, 01/16/09 (A) 350 683 6.000%, 01/23/18 671 1,014 4.875%, 12/15/08 (A) 281 337 Barclays Bank, Ser E MTN 5.750%, 09/14/26 274 482 British Telecommunications 5.750%, 12/07/28 111 180
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Brixton 5.250%, 10/21/15 (E) 280 $ 469 Cattles 7.125%, 07/05/17 100 148 Chester Asset Receivables 6.125%, 10/15/10 EUR 2,160 3,335 Friends Provident 7.747%, 11/21/08 (A)(D) 413 569 Getin Finance, Ser E MTN 6.857%, 08/08/08 (A) 200 306 Hammerson 5.250%, 12/15/16 (E) 280 448 HBOS MTN 6.050%, 11/23/08 (A) EUR 405 567 HBOS, Ser E MTN 5.125%, 10/14/08 (A) EUR 386 457 4.875%, 03/12/09 (A) EUR 1,000 1,241 Ineos Group Holdings 7.875%, 02/15/16 111 114 Lehman Brothers UK Capital Funding II 3.875%, 02/22/09 (A) 700 882 Lloyds TSB Bank MTN 6.350%, 02/25/09 (A) EUR 391 584 Lloyds TSB Bank, Ser E MTN 6.625%, 03/30/15 214 420 Marks & Spencer, Ser E MTN 5.625%, 03/24/14 268 477 MBNA Europe Funding, Ser E MTN 4.500%, 01/23/09 EUR 558 874 National Westminster Bank 6.500%, 09/07/21 220 418 Nationwide Building Society MTN 3.375%, 08/17/08 (A) 280 396 3.125%, 01/26/10 352 515 Northern Rock MTN 6.024%, 01/13/09 (A)(D) 50 82 5.625%, 06/22/17 (C) 2,550 2,548 Northumbrian Water Finance 6.000%, 10/11/17 500 946 Novae Group 8.375%, 04/27/09 (A) 100 175 Old Mutual, Ser E MTN 4.500%, 01/18/09 (A) 450 624 RBS Capital Trust A 6.467%, 06/30/09 (A) 400 578 Rexam MTN 4.375%, 03/15/13 400 553 Royal Bank of Scotland MTN 5.555%, 10/03/08 (A) 150 199 Southern Gas Networks MTN 5.024%, 07/21/08 (A) 200 311 Standard Chartered Bank, Ser E MTN 3.625%, 02/03/09 (A) 400 561 United Kingdom Gilt 8.000%, 06/07/21 400 1,001 5.250%, 06/07/12 1,775 3,536 5.000%, 03/07/12 2,910 5,755 4.500%, 12/07/42 965 1,870 United Kingdom Treasury 5.000%, 03/07/18 300 590 4.250%, 12/07/46 1,100 2,065
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Vodafone Group, Ser E MTN 5.900%, 11/26/32 276 $ 489 4.250%, 05/27/09 EUR 1,218 1,900 W&DB Issuer, Ser B1 5.641%, 07/15/08 (A) 60 94 Westpac New Zealand 7.750%, 03/08/10 5,000 3,789 Zurich Finance, Ser E MTN 6.700%, 10/02/08 (A)(D) 260 456 ------------- 55,072 ------------- UNITED STATES -- 7.6% American International Group 4.875%, 03/15/09 (A) 800 940 AT&T 5.600%, 05/15/18 915 893 BA Covered Bond Issuer, Ser E MTN 4.125%, 04/05/12 EUR 3,100 4,583 Banca Popolare di Bergamo Capital Trust 8.364%, 02/15/09 (A) EUR 475 748 Banca Popolare Lodi Trust 6.742%, 06/30/09 (A) EUR 955 1,331 Bank of America 5.750%, 12/01/17 1,425 1,338 5.650%, 05/01/18 350 327 Bear Stearns 7.625%, 12/07/09 493 510 6.950%, 08/10/12 363 377 5.208%, 09/26/08 (A) 290 426 3.250%, 03/25/09 721 711 BNP Paribas Capital Trust III 6.625%, 10/23/08 (A) 1,000 1,538 Cablevision Systems, Ser B 8.000%, 04/15/12 235 222 CBS 7.700%, 07/30/10 440 460 Chesapeake Energy 6.250%, 01/15/17 400 570 CIT Group MTN 7.625%, 11/30/12 290 241 5.125%, 09/30/14 75 54 CIT Group, Ser E MTN 5.500%, 12/15/08 GBP 416 764 Citicorp MTN 6.375%, 11/15/08 111 112 Citigroup 6.800%, 06/25/38 160 319 5.500%, 04/11/13 875 854 5.000%, 09/15/14 5 5 4.750%, 02/10/09 (A) EUR 1,000 1,371 Comcast 6.950%, 08/15/37 1,060 1,043 Commerzbank Capital Funding Trust I 5.012%, 04/12/09 (A) EUR 350 432 Countrywide Financial MTN 5.800%, 06/07/12 507 480 Countrywide Home Loan, Ser L MTN 4.000%, 03/22/11 9 8 Credit Suisse USA 3.875%, 01/15/09 646 645
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- DaimlerChrysler Holding, Ser E MTN 4.375%, 03/16/10 EUR 250 $ 385 Deutsche Bank Capital Trust IV MTN 5.330%, 09/19/08 (A) 400 559 DIRECTV Holdings 6.375%, 06/15/15 232 217 Dubai Islamic Bank 2.929%, 03/22/12 1,050 993 Dynegy Holdings 8.375%, 05/01/16 230 223 Electronic Data Systems, Ser B 6.000%, 08/01/08 (D) 474 487 Fisher Scientific International 6.125%, 07/01/15 71 70 General Electric Capital 5.625%, 05/01/18 1,170 1,134 Genworth Financial 1.600%, 06/20/11 JPY 89,000 800 Goldman Sachs Group MTN 7.350%, 10/01/09 283 291 5.155%, 08/04/08 (A) EUR 450 670 5.125%, 10/16/14 700 1,003 4.750%, 01/28/14 571 838 3.875%, 01/15/09 328 328 Hertz 8.875%, 01/01/14 221 202 HSBC Finance, Ser E MTN 6.125%, 01/22/10 GBP 334 653 HVB Funding Trust VIII 7.055%, 03/28/09 (A) 1,600 2,446 JP Morgan Chase Capital XXV 6.800%, 10/01/37 340 306 JPMorgan Chase MTN 4.625%, 01/31/11 200 306 2.851%, 12/22/08 (A) 4,000 3,991 JPMorgan Chase Bank 4.625%, 05/29/09 (A) EUR 650 939 JPMorgan Chase, Ser E MTN 4.375%, 11/12/08 (A) 1,000 1,369 L-3 Communications 6.375%, 10/15/15 100 93 Lehman Brothers Holdings MTN 4.250%, 09/26/08 (A) EUR 450 581 Merrill Lynch MTN 4.125%, 01/15/09 645 638 MGM Mirage 6.750%, 09/01/12 595 534 Morgan Stanley MTN 6.000%, 04/28/15 930 889 Morgan Stanley, Ser E 5.450%, 01/09/17 800 727 3.750%, 03/01/13 EUR 1,000 1,375 Oracle 5.750%, 04/15/18 1,002 1,001 Owens Corning 6.500%, 12/01/16 1,330 1,211 Pfizer 1.800%, 02/22/16 JPY 110,000 1,015 Prudential Financial MTN 5.150%, 01/15/13 355 346
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------ Qwest 7.625%, 06/15/15 560 $ 539 Qwest Communications International 7.500%, 02/15/14 335 318 Reynolds American 7.625%, 06/01/16 377 393 7.300%, 07/15/15 195 199 7.250%, 06/01/12 572 590 Schering-Plough 5.375%, 10/01/14 EUR 350 507 SLM MTN 5.288%, 09/15/08 (A) EUR 170 215 5.158%, 09/15/08 (A) EUR 300 405 5.050%, 11/14/14 1,392 1,182 Sprint Capital 8.750%, 03/15/32 203 193 Union Bank of California MTN 5.950%, 05/11/16 392 372 Verizon Communications 5.250%, 04/15/13 315 313 Wachovia MTN 5.500%, 05/01/13 815 781 Wal-Mart Stores 4.875%, 01/19/39 GBP 238 405 3.375%, 10/01/08 615 616 Washington Mutual 4.200%, 01/15/10 50 43 Western Union 5.930%, 10/01/16 1,538 1,508 Windstream 8.625%, 08/01/16 220 221 Wyndham Worldwide 6.000%, 12/01/16 372 328 ------------- 57,050 ------------- Total Global Bonds (Cost $457,904) ($ Thousands) 472,300 ------------- MORTGAGE-BACKED SECURITIES -- 12.7% BELGIUM -- 0.4% B-Arena, Ser 2006-1, Cl A 4.894%, 07/22/08 (A) 2,000 3,093 ------------- IRELAND -- 0.2% Immeo Residential Finance, Ser 2, Cl A 4.766%, 12/15/16 486 700 Talisman Finance, Ser 7, Cl H 7.044%, 04/22/17 488 567 ------------- 1,267 ------------- JAPAN -- 0.0% JLOC, Ser 37X, Cl B1 1.312%, 01/15/15 16,846 157 ------------- NETHERLANDS -- 1.0% Beluga Master Issuer, Ser 2006-1, Cl A2 4.967%, 07/28/08 (A) 2,200 3,378 Skyline, Ser 2007-1, Cl D 5.604%, 07/22/08 (A) 200 288
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Storm, Ser 2006-1, Cl A2 4.904%, 07/22/08 (A) 2,500 $ 3,857 ------------- 7,523 ------------- UNITED KINGDOM -- 1.9% Arkle Master Issuer 5.130%, 08/18/08 150 208 Arkle Master Issuer, Ser 2006-1X, Cl 2C 5.210%, 08/18/08 (A) 350 546 Arran Residential Mortgages Funding 4.884%, 07/14/08 (A) 500 758 Canary Wharf Finance, Ser II, Cl C2 6.434%, 10/22/37 200 325 Eddystone Finance 6.465%, 07/21/08 (A) 100 160 6.265%, 07/21/08 (A) 100 170 Gracechurch Mortgage Finance, Ser 2007-1X, Cl 3A2 4.458%, 11/20/56 2,000 3,021 Gracechurch Mortgage Financing, Ser 2006-1, Cl C3 5.129%, 08/20/08 (A) 250 352 Gracechurch Mortgage Financing, Ser 2007-1X, Cl 2D2 5.259%, 08/20/08 (A) 400 580 Granite Master Issuer, Ser 2006-2, Cl A5 4.884%, 07/21/08 (A) 1,000 1,527 Holmes Master Issuer 5.167%, 07/15/08 (A) 150 201 Leek Finance 6.335%, 09/25/08 100 177 London and Regional Debt Securitisation 6.139%, 07/15/08 (A) 150 275 Permanent Financing, Cl 3A 2.856%, 09/10/08 (A) 1,920 1,903 Permanent Financing, Ser 7, Cl 3B 5.087%, 09/10/08 (A) 2,500 3,789 ------------- 13,992 ------------- UNITED STATES -- 9.2% American Home Mortgage Assets 2.673%, 07/25/08 (A) 378 261 Banc of America Commercial Mortgage, Cl A2 5.309%, 10/10/45 505 498 Banc of America Commercial Mortgage, Cl A4 5.492%, 10/10/17 1,200 1,114 BCAP Trust, Ser 2007-AA1, Cl 1A1 2.583%, 07/25/08 (A) 1,985 1,447 Bear Stearns Adjustable Rate Mortgage Trust, Cl 2A1 5.650%, 08/25/08 (A) 871 773 Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-6, Cl 3A 5.422%, 08/25/08 (A) 522 494 Bear Stearns Commercial Mortgage Securities, Ser 2006-PW14, Cl A4 5.201%, 12/11/38 2,775 2,588
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Citigroup Commercial Mortgage Trust, Cl A4 6.299%, 08/01/08 (A) 405 $ 396 5.700%, 08/01/08 (A) 1,140 1,083 Citigroup Mortgage Loan Trust, Ser 2005-2, Cl 1A4 5.113%, 08/25/08 (A) 2,505 2,413 Citigroup, Ser CD4, Cl A2B 5.205%, 12/11/49 1,250 1,216 Commercial Mortgage Asset Trust, Cl A3 6.640%, 09/17/10 1,144 1,156 Countrywide Alternative Loan Trust, Ser 2006-43CB, Cl 1A7 6.000%, 01/31/37 3,451 3,175 Countrywide Alternative Loan Trust, Ser 2006-OC8, Cl 2A1A 2.573%, 07/25/08 (A) 1,611 1,515 Countrywide Home Loans, Ser 2003-56, Cl 5A1 4.778%, 08/25/08 (A) 567 524 Credit Suisse First Boston Mortgage Securities, Ser 2002-CKS4, Cl A2 5.183%, 11/15/36 1,930 1,907 Credit Suisse First Boston Mortgage Securities, Ser 2003-CKS4, Cl A1 4.485%, 11/15/36 1,565 1,542 Credit Suisse Mortgage Capital Certificates, Cl A3 6.021%, 08/15/08 (A) 1,250 1,226 5.311%, 12/15/39 1,215 1,141 Deutsche ALT-A Securities Alternate Loan Trust 2.683%, 07/25/08 (A) 516 371 Deutsche ALT-A Securities, Ser 2007-BAR1, Cl A1 2.563%, 07/25/08 (A) 1,368 1,309 FNMA 15 Year TBA 5.500%, 07/01/22 2,300 2,315 FNMA 30 Year TBA 5.500%, 07/01/37 9,200 9,068 GNMA 15 Year TBA 5.500%, 07/01/33 to 08/01/33 1,100 1,093 GSR Mortgage Loan Trust, Cl 2A1 2.673%, 07/25/08 (A) 522 376 GSR Mortgage Loan Trust, Ser 2005-AR1, Cl 4A1 5.136%, 08/25/08 (A) 631 593 GSR Mortgage Loan Trust, Ser 2007-AR2, Cl 2A1 5.511%, 08/25/08 (A) 2,892 2,754 JP Morgan Chase Commercial Mortgage Securities, Cl A4 5.440%, 06/12/47 1,380 1,284 5.345%, 08/15/08 (A) 1,220 1,175 JP Morgan Chase Commercial Mortgage, Ser 2006-CB17, Cl A4 5.429%, 12/12/43 840 796 JP Morgan Mortgage Trust, Ser 2004-A5, Cl 3A1 5.310%, 08/25/08 (A) 651 622
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Keybank, Ser 2000-C1, Cl A2 7.727%, 08/15/08 (A) 2,439 $ 2,521 LB Commercial Conduit Mortgage Trust, Cl A4 6.136%, 07/15/08 (A) 185 179 LB-UBS Commercial Mortgage Trust 6.317%, 07/15/08 (A) 930 907 5.156%, 02/15/31 1,530 1,440 LB-UBS Commercial Mortgage Trust, Ser 2007-C6, Cl A4 5.858%, 07/15/08 (A) 675 644 LB-UBS Commercial Mortgage Trust, Ser 2007-C7, Cl A1A 4.475%, 10/15/29 2,812 2,711 Merrill Lynch, Cl A4 5.414%, 08/12/08 (A) 1,165 1,105 MLCC Mortgage Investors, Cl 2A1 6.073%, 08/25/08 (A) 1,676 1,621 Morgan Stanley Capital I, Cl A4 5.809%, 12/12/49 1,300 1,234 Morgan Stanley Capital I, Cl A3 5.569%, 12/15/44 1,925 1,790 Morgan Stanley Capital I, Ser 2006- IQ12, Cl A4 5.332%, 12/15/43 2,560 2,408 Salomon Brothers Mortgage Securities, Ser 2000-C1, Cl A2 7.520%, 08/18/08 (A) 2,354 2,418 Wachovia Bank Commercial Mortgage Trust, Cl A4 5.928%, 08/15/08 (A) 395 385 5.308%, 11/15/48 305 286 Wachovia Bank Commercial Mortgage Trust 5.765%, 08/15/08 (A) 1,150 1,113 Washington Mutual Alternative Mortgage Pass-Through Certificates, Cl 4A1 4.298%, 08/25/08 (A) 517 376 Washington Mutual Mortgage Pass Through Certificates, Ser 2006-AR10, Cl 3A2 6.090%, 08/25/08 (A) 445 404 Washington Mutual Mortgage Pass Through Certificates, Ser 2006-AR18, Cl 3A2 5.543%, 08/25/08 (A) 1,120 1,003 Washington Mutual Mortgage Pass Through Certificates, Ser 2007-HY1, Cl 3A2 5.881%, 08/25/08 (A) 423 382 ------------- 69,152 ------------- Total Mortgage-Backed Securities (Cost $95,539) ($ Thousands) 95,184 ------------- ASSET-BACKED SECURITIES -- 6.4% FRANCE -- 0.4% AUTO ABS 5.079%, 07/25/08 (A) 500 688
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Auto Compartiment, Ser 2007-1, Cl A 4.965%, 08/25/08 (A) 1,000 $ 1,542 FCC Sparc, Ser 2005-1, Cl B 5.318%, 07/15/11 400 606 FCC Sparc, Ser 2007-1, Cl D 6.817%, 07/15/08 (A) 100 157 ------------- 2,993 ------------- GERMANY -- 0.1% COMIT 5.255%, 09/29/08 (A) 87 129 Prime Bricks, Ser 2007-1, Cl C 5.348%, 07/30/08 (A) 100 143 Prime Bricks, Ser 2007-1, Cl B 5.148%, 07/30/08 (A) 350 511 ------------- 783 ------------- IRELAND -- 0.0% Mermaid Secured Finance, Ser 2007-1, Cl D 5.148%, 07/30/08 (A) 100 146 Mermaid Secured Finance, Ser 2007-1, Cl C 5.348%, 07/30/08 (A) 100 143 ------------- 289 ------------- JERSEY -- 0.0% Whinstone Capital Management, Ser 1X, Cl B1 6.778%, 07/25/08 (A) 140 224 ------------- LUXEMBOURG -- 0.4% Geldilux, Ser 2005-TS, Cl 1A 4.882%, 07/10/08 (A) 2,000 3,148 ------------- NETHERLANDS -- 1.0% Amstel Corporate Loan Offering, Ser 2007-1, Cl A2 5.138%, 09/25/08 (A) 1,000 1,502 Lambda Finance, Ser 2005-1X, Cl A2 5.096%, 08/15/08 (A) 1,500 2,300 Shield, Ser 1, Cl A 4.954%, 07/21/08 (A) 2,500 3,869 ------------- 7,671 ------------- SPAIN -- 0.4% FTA Santander Auto, Ser 1, Cl A 4.914%, 08/25/08 (A) 1,307 2,036 Santander Consumer Finance, Ser 2007-1, Cl A 4.800%, 09/20/22 500 744 ------------- 2,780 ------------- UNITED KINGDOM -- 0.5% Metrix Funding, Ser 1X, Cl A2 5.065%, 08/11/08 (A) 2,500 3,758 ------------- UNITED STATES -- 3.5% Chase Issuance Trust, Cl A 5.120%, 10/15/14 1,400 1,415 Chase Manhattan Auto Owner Trust, Ser 2005-B, Cl A4 4.880%, 06/15/12 3,230 3,254
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Citibank Credit Card Issuance Trust, Ser A4, Cl A4 5.375%, 04/11/11 1,900 $ 2,881 Countrywide Asset-Backed Certificates, Ser 2007-2, Cl 2A1 2.532%, 03/14/37 (A) 2,177 2,138 Ford Credit Auto Owner Trust, Ser 2006-C, Cl A3 5.160%, 11/15/10 2,215 2,245 Home Equity Asset Trust 2.593%, 07/25/08 (A) 782 756 MBNA Credit Card Master Note Trust, Cl A1 4.900%, 07/15/11 1,030 1,040 Peco Energy Transition Trust, Ser A, Cl A1 6.520%, 12/31/10 2,600 2,724 SLM Student Loan Trust 4.597%, 07/25/08 900 927 4.197%, 07/25/08 900 902 3.997%, 07/25/08 800 801 SLM Student Loan Trust, Ser 2004-2, Cl A5 5.009%, 07/25/08 (A) 1,000 1,443 Soundview Home Equity Loan Trust, Ser 2007-NS1, Cl A1 2.603%, 07/25/08 (A) 1,563 1,539 Structured Asset Investment Loan Trust, Ser 2006-BNC3, Cl A2 2.523%, 07/25/08 (A) 1,088 1,071 USAA Auto Owner Trust, Ser 2006-4, Cl A3 5.010%, 06/15/11 3,105 3,138 Wells Fargo Home Equity Trust, Ser 2006-2, Cl A1 2.553%, 07/25/08 (A) 330 328 ------------- 26,602 ------------- Total Asset-Backed Securities (Cost $44,713) ($ Thousands) 48,248 ------------- CORPORATE OBLIGATIONS -- 2.6% UNITED STATES -- 2.6% AT&T 6.500%, 09/01/37 650 629 AutoNation 4.791%, 07/15/08 (A)(C) 44 37 Baxter International 5.375%, 06/01/18 745 736 Capital One Bank 4.250%, 12/01/08 521 520 Centex 7.500%, 01/15/12 366 338 Comcast Cable Communications 6.200%, 11/15/08 251 252 Computer Sciences 5.500%, 03/15/13 (C) 605 597 Countrywide Financial 6.250%, 05/15/16 132 117 CSC Holdings 8.125%, 07/15/09 65 65
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Embarq 7.082%, 06/01/16 1,783 $ 1,693 Fisher Scientific International 6.750%, 08/15/14 107 110 Freeport-McMoRan Copper & Gold 8.250%, 04/01/15 225 237 Historic TW 9.125%, 01/15/13 720 791 ILFC E-Capital Trust I 5.900%, 12/21/08 (A)(C) 150 121 International Paper 7.950%, 06/15/18 260 259 JPMorgan Chase 6.000%, 01/15/18 1,370 1,335 Kraft Foods 6.125%, 08/23/18 735 712 Lehman Brothers Holdings 6.500%, 07/19/17 197 183 Liberty Mutual Group 7.800%, 03/15/37 (C) 315 251 Limited Brands 5.250%, 11/01/14 935 791 Masco 6.125%, 10/03/16 500 453 McKesson 5.250%, 03/01/13 615 605 Merrill Lynch 6.050%, 05/16/16 375 346 MGM Mirage 8.375%, 02/01/11 211 204 Mirant Americas Generation 8.500%, 10/01/21 399 372 Motorola 7.500%, 05/15/25 85 79 6.500%, 09/01/25 531 396 NB Capital Trust IV 8.250%, 04/15/27 614 616 Nextel Communications 6.875%, 10/31/13 1,012 855 Nisource Finance 6.800%, 01/15/19 710 696 NRG Energy 7.375%, 02/01/16 225 212 PPG Industries 6.650%, 03/15/18 562 573 Reliant Energy 7.875%, 06/15/17 225 220 Reliant Energy 7.625%, 06/15/14 175 171 Sara Lee 6.250%, 09/15/11 448 459 Starwood Hotels & Resorts Worldwide 7.375%, 11/15/15 1,194 1,180 Union Carbide 7.750%, 10/01/96 910 827 United States Steel 6.050%, 06/01/17 615 574 Wachovia Capital Trust III 5.800%, 09/15/08 (A) 385 262 Western Financial Bank 9.625%, 05/15/12 432 450
SEI Institutional International Trust/ Quarterly Report/ June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Williams 7.875%, 09/01/21 207 $ 219 Xerox 7.625%, 06/15/13 210 218 ------------- Total Corporate Obligations (Cost $20,913) ($ Thousands) 19,761 ------------- U.S. GOVERNMENT AGENCY OBLIGATION -- 1.6% FNMA 2.154%, 07/28/08 (B) 12,100 12,080 ------------- Total U.S. Government Agency Obligation (Cost $12,080) ($ Thousands) 12,080 ------------- LOAN PARTICIPATIONS -- 1.1% UNITED STATES -- 1.1% Aramark Term Loan 8.129%, 01/26/14 GBP 297 544 Beverly Enterprises Term Loan 5.613%, 07/24/11 340 321 Boston Generating Term Loan 7.726%, 12/22/13 744 595 Cablevision Ser B Term Loan, Ser B 4.225%, 03/14/13 490 465 Education Management Term Loan 4.562%, 05/26/13 723 667 First Data Term Loan 5.551%, 09/24/14 398 366 Ford Motor Company Term Loan 5.480%, 11/29/13 739 596 Lear Term Loan 4.948%, 04/25/12 818 750 London Arena & Waterfront Term Loan 5.289%, 01/31/12 1,173 1,120 Momentive Performance Term Loan 5.125%, 12/04/13 977 896 Peach Holding Term Loan 6.790%, 11/21/13 578 504 Targus Group Term Loan 7.320%, 11/22/12 451 363 Texas Competitive Electric Holdings 6.234%, 10/31/14 398 368 TP Generation Holdings Term Loan 7.051%, 12/15/14 500 481 United Subcontractors Term Loan 9.566%, 12/27/12 685 403 ------------- Total Loan Participations (Cost $9,590) ($ Thousands) 8,439 ------------- TIME DEPOSITS -- 8.9% UNITED STATES -- 8.9% Lloyds TSB 2.350%, 07/10/08 17,190 17,190 Royal Bank of Canada 2.390%, 08/12/08 17,211 17,211
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- -------------- ------------- Royal Bank of Scotland 2.450%, 07/31/08 15,131 $ 15,131 UBS AG, London 2.500%, 08/05/08 17,218 17,218 ------------- Total Time Deposits (Cost $66,750) ($ Thousands) 66,750 ------------- U.S. TREASURY OBLIGATIONS -- 0.5% U.S. Treasury Notes 3.125%, 04/30/13 765 759 3.500%, 05/31/13 350 353 3.875%, 05/15/18 2,796 2,773 ------------- Total U.S. Treasury Obligations (Cost $3,849) ($ Thousands) 3,885 ------------- Total Investments -- 96.7% (Cost $711,338)($ Thousands) ++ $ 726,647 =============
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund June 30, 2008 A summary of outstanding swap agreements held by the Fund at June 30, 2008, is as follows: TOTAL RETURN SWAPS
NET UNREALIZED REFERENCE TERMINATION NOTIONAL AMOUNT DEPRECIATION COUNTERPARTY ENTITY/OBLIGATION FUND PAYS FUND RECEIVES DATE (THOUSANDS) ($ THOUSANDS) - ------------ ---------------------------- ----------------- -------------- ----------- --------------- -------------- Lehman Lehman Bros Global Aggregate 3-Month USD Libor Positive Price Brothers Ex USD RBI Ser 1 Plus 11 bp Return 03/01/09 85,740 $(1,719) ========
CREDIT DEFAULT SWAPS
NET UNREALIZED (PAYS)/ APPRECIATION BUY/SELL RECEIVES TERMINATION NOTIONAL AMOUNT (DEPRECIATION) COUNTERPARTY REFERENCE ENTITY/OBLIGATION PROTECTION RATE DATE (THOUSANDS) ($THOUSANDS) - ------------ ---------------------------- ---------- -------- ----------- --------------- -------------- Merrill Lynch Ciba Specialty Chemical Holdings, 6.500% 04/24/13 Buy (2.31)% 09/20/13 EUR 1,200 $ 20 Merrill Lynch Clariant Finance, 4.375%, 04/05/13 Buy (2.43) 09/20/13 EUR 1,200 12 Merrill Lynch Solvay S.A., 4.625% 06/27/18 Buy (0.53) 09/20/13 EUR 1,200 11 Citibank Kaupthing Bank Hf, Floating Rate, 12/01/09 Sell 4.00 12/20/08 EUR (400) (19) ---- $ 24 ====
INTEREST RATE SWAPS
NET UNREALIZED APPRECIATION NOTIONAL AMOUNT (DEPRECIATION) COUNTERPARTY FUND PAYS FUND RECEIVES TERMINATION DATE (THOUSANDS) ($THOUSANDS) - ------------ ----------------- ----------------- ---------------- --------------- -------------- JPMorgan Chase Bank 4.27% 3-Month CAD LIBOR 03/22/12 CAD 15,000 $(184) JPMorgan Chase Bank 4.20% 6-Month EURIBOR 03/30/12 EUR 3,000 456 Deutsche Bank 6-Month GBP LIBOR 5.50% 03/22/12 GBP 6,000 (279) JPMorgan Chase Bank 6-Month JPY LIBOR 2.22% 03/26/27 JPY 750,000 (72) JPMorgan Chase Bank 6-Month JPY LIBOR 1.29% 03/26/12 JPY 2,600,000 (57) Deutsche Bank 3-Month NZD LIBOR 7.66% 03/26/12 NZD 3,000 8 Deutsche Bank 6-Month EURIBOR 4.38% 01/07/13 EUR 5,400 (286) Deutsche Bank 3.91% 6-Month EURIBOR 03/13/10 EUR 6,500 247 Deutsche Bank 6-Month EURIBOR 4.17% 03/28/13 EUR 7,000 (458) Deutsche Bank 6-Month GBP LIBOR 4.90% 03/11/10 GBP 4,900 (221) Merrill Lynch 6-Month JPY LIBOR 2.01% 06/02/18 JPY 750,000 112 Merrill Lynch 6-Month JPY LIBOR 1.45% 06/19/11 JPY 1,000,000 42 ----- $(692) =====
A summary of the outstanding forward foreign currency contracts held by the Fund at June 30, 2008, is as follows:
UNREALIZED APPRECIATION CURRENCY TO DELIVER CURRENCY TO RECEIVE (DEPRECIATION) SETTLEMENT DATE (THOUSANDS) (THOUSANDS) ($ THOUSANDS) - --------------- ------------------- ------------------- ----------------------- 7/3/08-7/23/08 USD 30,707 JPY 3,232,136 $ (203) 7/3/08-8/7/08 JPY 14,634,369 USD 140,613 2,409 7/7/08 USD 1,764 CZK 26,764 -- 7/7/08 USD 1,004 MXP 10,354 -- 7/7/08-7/23/08 PLN 8,362 USD 3,860 (67) 7/7/08-7/23/08 USD 3,636 PLN 7,811 33 7/7/08-7/23/08 USD 1,929 SEK 11,607 -- 7/7/08-8/7/08 CZK 53,528 USD 3,425 (102) 7/7/08-8/7/08 MXP 20,258 USD 1,953 (7) 7/7/08-8/12/08 NOK 31,322 USD 6,108 (27) 7/7/08-8/12/08 USD 2,993 NOK 15,252 (1)
SEI Institutional International Trust / Quarterly Report / June 30, 2008
UNREALIZED APPRECIATION CURRENCY TO DELIVER CURRENCY TO RECEIVE (DEPRECIATION) SETTLEMENT DATE (THOUSANDS) (THOUSANDS) ($ THOUSANDS) - --------------- ------------------- ------------------- ----------------------- 7/7/08-8/13/08 CAD 31,561 USD 31,219 $ 115 7/7/08-8/13/08 USD 16,160 CAD 16,519 121 7/7/08-9/8/08 SEK 24,029 USD 3,984 (5) 7/7/08-11/13/08 AUD 18,104 USD 16,638 (650) 7/7/08-11/13/08 EUR 280,548 USD 438,905 (2,525) 7/7/08-12/10/08 GBP 47,923 USD 93,812 (1,216) 7/7/08-12/10/08 USD 10,690 AUD 11,438 183 7/7/08-12/10/08 USD 183,075 EUR 116,757 694 7/7/08-12/10/08 USD 47,586 GBP 24,263 433 7/8/08-9/10/08 NZD 12,749 USD 9,797 165 7/8/08-9/10/08 USD 5,337 NZD 6,911 (131) 7/10/08 EUR 3,376 SEK 31,630 (60) 7/10/08 SEK 14,670 EUR 1,574 41 7/10/08 USD 2,578 CHF 2,637 12 7/10/08-7/23/08 CHF 5,650 USD 5,431 (117) 7/10/08-8/12/08 CHF 15,683 EUR 9,719 (107) 7/10/08-8/12/08 EUR 8,301 CHF 13,305 (2) 7/10/08-9/10/08 AUD 9,727 JPY 886,000 (921) 7/10/08-9/10/08 GBP 9,882 JPY 2,010,000 (587) 7/10/08-9/10/08 JPY 1,265,000 AUD 13,473 912 7/10/08-11/12/08 EUR 16,433 JPY 2,576,655 (1,415) 7/10/08-12/10/08 CHF 9,900 NZD 12,331 (472) 7/10/08-12/10/08 JPY 3,411,000 EUR 21,610 1,587 7/10/08-12/10/08 JPY 3,128,000 GBP 15,285 647 7/10/08-12/10/08 NZD 12,520 CHF 9,900 329 7/17/08-8/12/08 CHF 3,900 GBP 1,861 (137) 7/17/08-8/12/08 GBP 1,877 CHF 3,917 122 7/23/08 DKK 26,883 USD 5,659 (14) 7/23/08 HUF 221,940 USD 1,446 (37) 7/23/08 USD 1,354 ZAR 10,905 31 7/23/08-7/25/08 USD 2,791 HUF 443,359 171 7/23/08-8/19/08 ZAR 52,301 USD 6,578 (58) 7/25/08 EUR 1,650 HUF 410,138 143 7/25/08 HUF 631,557 EUR 2,480 (316) 7/30/08 AUD 1,415 NZD 1,739 (36) 7/30/08 NZD 3,673 AUD 3,085 167 8/1/08 SGD 3,682 USD 2,700 (15) 8/6/08 EUR 905 NOK 7,256 (4) 8/6/08 NOK 6,630 EUR 840 24 10/10/08-12/10/08 JPY 411,000 NOK 20,477 67 10/10/08-12/10/08 NOK 10,326 JPY 206,000 (43) 11/12/08-12/10/08 SGD 2,600 GBP 984 9 ------- $ (860) =======
A summary of the open futures contracts held by the Fund at June 30, 2008, is as follows:
NUMBER OF UNREALIZED APPRECIATION CONTRACTS (DEPRECIATION) TYPE OF CONTRACT LONG (SHORT) EXPIRATION DATE ($ THOUSANDS) - ---------------- ------------ --------------- ----------------------- Australian 10-Year Bond 58 Sep-2008 $ 91 Canadian 10-Year Bond 22 Sep-2008 (15) Euro-Bobl 168 Sep-2008 (435) Euro-Bund 171 Sep-2008 (301) Euro-Schatz 212 Sep-2008 (237) FED Fund 30-Day (8) Jul-2008 -- Japanese 10-Year Bond 5 Sep-2008 64 Long Gilt 10-Year Bond 43 Sep-2008 (144) U.S. 10-Year Note (405) Sep-2008 (498) U.S. 2-Year Note (163) Oct-2008 15
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) International Fixed Income Fund June 30, 2008
NUMBER OF UNREALIZED APPRECIATION CONTRACTS (DEPRECIATION) TYPE OF CONTRACT LONG (SHORT) EXPIRATION DATE ($ THOUSANDS) - ---------------- ------------ --------------- ----------------------- U.S. 5-Year Note (198) Sep-2008 $ (88) U.S. Long Treasury Bond (113) Sep-2008 (177) ------- $(1,725) =======
Percentages are based on Net Assets of $751,587 ($ Thousands). (1) In local currency unless otherwise indicated. (A) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effects as of June 30, 2008. The date reported on the Schedule of Investments is the next reset date. (B) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase. (C) 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. (D) Step Bonds - The rate reflected on the Schedule of Investments is the effective yield on June 30, 2008. The coupon on a step bond changes on a specified date. (E) Real Estate Investments Trust ++ At June 30, 2008, the tax basis cost of the Fund's investments was $711,338 ($ Thousands), and the unrealized appreciation and depreciation were $28,496 ($ Thousands) and ($13,187) ($ Thousands) respectively. ABS -- Asset-Backed Security AUD -- Australian Dollar CAD -- Canadian Dollar CHF -- Swiss Franc Cl -- Class CPI -- Consumer Price Index CZK -- Czech Koruna DKK -- Danish Krone EUR -- Euro FNMA -- Federal National Mortgage Association GBP -- British Pound Sterling GNMA -- Government National Mortgage Association HUF -- Hungarian Forint JPY -- Japanese Yen LIBOR -- London inter-bank offer rate MTN -- Medium Term Note MXP -- Mexican Peso NOK -- Norwegian Krone NZD -- New Zealand Dollar PIK -- Payment-in-Kind PLN -- Polish Zloty SEK -- Swedish Krona Ser -- Series SGD -- Singapore Dollar TBA -- To Be Announced USD -- U.S. Dollar ZAR -- South Aftrican Rand Amounts designated as "--" are $0 or have been rounded to $0 For information regarding the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual and annual financial statements. SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Debt Fund June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- ---------------- ------------- GLOBAL BONDS -- 85.3% ANGOLA -- 0.2% Republic of Angola 7.132%, 04/30/16 1,300 $ 1,753 ------------- ARGENTINA -- 6.1% Alto Parana Calara 6 6.375%, 06/09/17 (A) 440 435 Cia Transporte Energia 8.875%, 12/15/16 (A) 470 323 Earls Eight MTN 9.000%, 10/03/09 (A)(B) 420 289 Province of Buenos Aires 9.625%, 04/18/28 (A) 1,605 1,083 Province of Buenos Aires Registered 9.625%, 04/18/28 695 456 9.375%, 09/14/18 470 320 3.000%, 11/15/09 (B) 1,200 396 Province of Medoza Registered 5.500%, 09/04/18 416 283 Provincia Del Neuquen 8.656%, 10/18/14 (A) 241 236 Republic of Argentina 12.000%, 09/19/16 (C) EUR 1,000 226 11.750%, 05/20/11 (C) EUR 2,500 584 9.750%, 09/19/27 (C) 2,150 602 9.250%, 07/20/04 (C) 1,375 583 9.143%, 12/15/08 (D) 3,655 318 9.000%, 05/26/09 (C) 2,650 1,077 9.000%, 05/24/05 (C) 1,400 609 8.500%, 07/01/04 (C) 775 334 8.280%, 12/31/33 (E) 22,089 16,876 8.125%, 04/21/08 (C) EUR 4,200 1,787 8.000%, 02/25/02 (C) EUR 864 393 8.000%, 02/26/08 (C) 1,000 455 7.625%, 03/31/05 (C) 1,120 420 7.625%, 08/11/07 (C) ITL 2,325,000 528 7.000%, 10/03/15 4,700 3,283 7.000%, 03/18/04 (C) EUR 1,475,000 342 7.000%, 10/03/15 850 594 7.000%, 09/12/13 1,265 983 6.000%, 07/01/11 (C) EUR 1,125 487 4.650%, 07/13/49 (C) ITL 990,000 221 3.092%, 08/04/08 (D) 19,155 10,305 2.500%, 03/31/09 (B) 35,550 12,087 1.318%, 12/15/08 (D) 10,205 1,010 Republic of Argentina, Ser E MTN 10.000%, 01/03/07 (C) EUR 3,000,000 726 8.750%, 02/04/03 (C) EUR 1,375 520 8.500%, 07/30/10 (C) 2,000 812 7.625%, 08/11/07 (C) ITL 2,255,000 511 Transportadora Gas Norte 9.000%, 12/31/09 (A)(B) 260 179 9.000%, 12/31/09 (B) 130 101 7.500%, 12/31/10 (A)(B) 34 26 7.500%, 12/31/10 (B) 95 74 7.500%, 12/31/10 (B) 114 89 ------------- 60,963 -------------
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- ---------------- ------------- BELIZE -- 0.0% Government of Belize Registered 4.250%, 02/20/29 400 $ 288 ------------- BOSNIA AND HERZEGOVINA -- 0.1% Republic of Bosnia & Herzegovina 0.000%, 12/11/17 (F) EUR 2,300 1,297 ------------- BRAZIL -- 12.3% Banco Safra MTN 10.875%, 04/03/17 (A) BRL 2,800 1,505 Banco Votorantim Nassau MTN 10.625%, 04/10/14 (A) 2,750 1,556 Braskem Finance 7.250%, 06/05/18 (A) 410 406 Cesp-Comp Ener Sao Paulo MTN 9.750%, 01/15/15 (A) BRL 1,375 958 Federal Republic of Brazil 12.500%, 01/05/22 BRL 1,400 856 12.500%, 01/05/16 2,625 1,642 11.000%, 08/17/40 30,912 40,881 10.250%, 01/10/28 BRL 1,400 744 10.125%, 05/15/27 2,705 3,848 8.875%, 04/15/24 4,200 5,345 8.750%, 02/04/25 2,705 3,385 8.500%, 09/24/12 4,105 6,985 8.250%, 01/20/34 1,810 2,225 7.125%, 01/20/37 9,895 10,919 6.000%, 01/17/17 450 459 Federal Republic of Brazil, Ser 2005- 8.000%, 01/15/18 1,900 2,110 GTL Trade Finance 7.250%, 10/20/17 (A) 3,530 3,546 National Development 6.369%, 06/16/18 (A) 3,790 3,771 Nota Do Tesouro Nacional 10.000%, 01/01/17 BRL 39,396 19,518 10.000%, 01/01/14 BRL 14,450 7,516 Petrobras International Finance 5.875%, 03/01/18 4,890 4,704 Vale Overseas 6.875%, 11/21/36 220 204 6.250%, 01/23/17 85 82 ------------- 123,165 ------------- CHILE -- 0.2% Codelco 5.500%, 10/15/13 1,875 1,898 ------------- CHINA -- 0.0% Citic Resources Finance 6.750%, 05/15/14 (A) 300 280 ------------- COLOMBIA -- 4.8% BanColombia 6.875%, 05/25/17 425 420 Bogota Distrio Capital 9.750%, 07/26/28 (A) COP 2,881,000 1,115
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- ---------------- ------------- EEB International 8.750%, 10/31/14 (A) 340 $ 360 Republic of Colombia 11.750%, 02/25/20 12,330 17,879 10.375%, 01/28/33 1,700 2,473 9.850%, 06/28/27 COP 19,643,700 8,037 8.125%, 05/21/24 1,800 2,074 Republic of Colombia, Ser 2004- 8.250%, 12/22/14 4,560 5,187 Republic of Columbia 7.375%, 09/18/37 4,900 5,243 7.375%, 01/27/17 3,810 4,130 6.362%, 09/17/08 (D) 1,125 1,193 ------------- 48,111 ------------- DOMINICAN REPUBLIC -- 0.3% Republic of Dominican Republic 9.040%, 01/23/18 618 613 8.625%, 04/20/27 1,025 1,051 8.625%, 04/20/27 100 102 Standard Bank 15.000%, 03/12/12 (A) 481 379 Standard Bank, Ser E MTN 0.000%, 07/20/09 (D) 658 637 ------------- 2,782 ------------- ECUADOR -- 0.6% Republic of Ecuador Registered 10.000%, 08/15/30 4,495 4,353 9.375%, 12/15/15 1,635 1,684 ------------- 6,037 ------------- EL SALVADOR -- 1.8% Republic of El Salvador 8.250%, 04/10/32 3,485 3,834 7.750%, 01/24/23 3,790 4,074 7.650%, 06/15/35 9,641 9,978 ------------- 17,886 ------------- GABON -- 0.4% Republic of Gabon 8.200%, 12/12/17 (A) 3,730 3,879 ------------- GEORGIA -- 0.1% Republic of Georgia 7.500%, 04/15/13 1,400 1,392 ------------- GHANA -- 0.1% Republic of Ghana 8.500%, 10/04/17 (A) 820 843 ------------- INDIA -- 0.4% ICICI Bank MTN 6.625%, 10/03/12 (A) 330 326 Vedanta Resources 9.500%, 07/18/18 (A) 3,885 3,865 ------------- 4,191 ------------- INDONESIA -- 4.8% Excelcomindo Finance 7.000%, 11/01/25 290 308
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- ---------------- ------------- Garuda Indonesia 0.000%, 12/31/07 (C)(G) 1,183 $ 734 Government of Indonesia 12.500%, 03/15/13 8,300,000 881 0.000%, 02/20/10 41,169,000 3,669 0.000%, 02/20/10 41,033,000 3,657 Indosat Finance 7.125%, 06/22/12 1,050 1,060 Majapahit Holding 7.875%, 06/29/37 (A) 555 472 7.750%, 10/17/16 280 263 7.750%, 10/17/16 (A) 260 248 7.250%, 06/28/17 (A) 770 689 Republic of Indonesia 8.500%, 10/12/35 6,590 6,909 7.750%, 01/17/38 3,725 3,532 7.750%, 01/17/38 9,885 9,431 7.750%, 01/17/38 (A) 2,930 2,778 7.500%, 01/15/16 3,040 3,104 7.500%, 01/15/16 (A) 1,760 1,773 7.250%, 04/20/15 495 503 7.250%, 04/20/15 (A) 155 158 6.875%, 03/09/17 670 641 6.875%, 01/17/18 (A) 4,805 4,517 6.750%, 03/10/14 1,100 1,102 6.750%, 03/10/14 (A) 700 702 6.625%, 02/17/37 350 299 6.625%, 02/17/37 (A) 800 668 ------------- 48,098 ------------- IRAQ -- 1.2% Republic of Iraq 5.800%, 01/15/28 17,175 12,366 ------------- JAMAICA -- 0.1% Digicel Group 8.875%, 01/15/15 (A) 550 519 ------------- KAZAKHSTAN -- 1.5% HSBK Europe 9.250%, 10/16/13 (A) 1,135 1,140 Kazkommerts International MTN 7.500%, 11/29/16 (A) 450 353 Kazkommerts International Registered MTN 7.500%, 11/29/16 900 702 KazMunaiGaz Finance Sub 9.125%, 07/02/18 (A) 8,175 8,124 8.375%, 07/02/13 (A) 4,400 4,386 ------------- 14,705 ------------- LEBANON -- 0.6% Lebanese Republic MTN 8.250%, 04/12/21 950 912 Lebanese Republic Registered MTN 4.000%, 12/31/17 6,250 5,147 ------------- 6,059 ------------- LUXEMBOURG -- 0.1% Alfa Diversified Payment Rights Finance MTN 4.676%, 09/15/08 (A)(D) 420 399
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Debt Fund June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- ---------------- ------------- Gaz Capital MTN 6.510%, 03/07/22 215 $ 191 ------------- 590 ------------- MALAYSIA -- 1.5% Government of Malaysia 3.833%, 09/28/11 25,460 7,705 3.461%, 07/31/13 5,175 1,521 Petronas Capital Registered 7.875%, 05/22/22 4,340 5,274 7.875%, 05/22/22 550 668 ------------- 15,168 ------------- MEXICO -- 5.2% Grupo Televisa 6.000%, 05/15/18 (A) 600 584 Mexican Bonos 7.250%, 12/15/16 MXP 82,860 7,116 Pemex Project Funding Master Trust 6.625%, 06/15/35 450 444 5.750%, 03/01/18 (A) 1,000 988 5.750%, 03/01/18 1,305 1,289 United Mexican States 8.300%, 08/15/31 4,370 5,528 8.125%, 12/30/19 1,250 1,512 7.500%, 04/08/33 5,215 6,010 6.050%, 01/11/40 940 904 5.625%, 01/15/17 (E) 14,876 15,032 United Mexican States, Ser A MTN 6.750%, 09/27/34 11,848 12,571 United Mexican States, Ser E MTN 11.000%, 05/08/17 EUR 5,000 5 ------------- 51,983 ------------- NETHERLANDS -- 0.1% HSBK Europe 7.250%, 05/03/17 (A) 500 435 TGI International 9.500%, 10/03/17 (A) 660 705 ------------- 1,140 ------------- NIGERIA -- 0.4% HSBC Bank MTN 10.500%, 07/28/08 255,000 2,144 UBS 6.296%, 11/03/08 (A)(D) 1,320 1,509 0.000%, 09/04/17 (A)(D) 750 782 ------------- 4,435 ------------- OMAN -- 0.1% Blue City Investments 13.750%, 11/07/13 750 742 ------------- PAKISTAN -- 0.3% Republic of Pakistan 7.125%, 03/31/16 700 539 6.875%, 06/01/17 1,390 1,029 6.875%, 06/01/17 1,900 1,406 ------------- 2,974 -------------
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- ---------------- ------------- PANAMA -- 2.7% Republic of Panama 9.375%, 04/01/29 6,727 $ 8,796 9.375%, 01/16/23 560 724 8.875%, 09/30/27 4,700 5,898 8.125%, 04/28/34 1,020 1,209 7.250%, 03/15/15 7,090 7,622 6.700%, 01/26/36 2,885 2,928 ------------- 27,177 ------------- PERU -- 2.6% Banco de Credito del Peru 7.170%, 10/15/08 (A)(D)(G) 1,950 624 Interoceanica IV Finance 0.000%, 11/30/25 (A)(F) 984 449 0.000%, 11/30/18 (A)(F) 450 288 Peru Enhanced Pass-Through Finance 6.185%, 06/02/25 (A)(F) 320 116 4.076%, 05/31/18 (F) 250 169 3.949%, 05/31/18 (A)(F) 1,472 975 Republic of Peru 8.750%, 11/21/33 360 463 8.375%, 05/03/16 5,925 6,867 7.350%, 07/21/25 10,250 11,429 6.900%, 08/12/37 (A) 2,800 942 6.550%, 03/14/37 485 493 Republic of Peru, Ser 2003- 9.875%, 02/06/15 2,745 3,358 ------------- 26,173 ------------- PHILIPPINES -- 5.9% National Power 9.625%, 05/15/28 1,400 1,596 6.875%, 11/02/16 (A) 965 928 Republic of Philippines 10.625%, 03/16/25 9,485 12,449 9.875%, 01/15/19 500 608 9.500%, 02/02/30 3,230 3,945 9.375%, 01/18/17 5,325 6,164 9.000%, 02/15/13 600 658 8.875%, 03/17/15 800 887 8.250%, 01/15/14 905 968 8.000%, 01/15/16 8,070 8,635 7.750%, 01/14/31 (E) 8,428 8,733 7.500%, 09/25/24 12,954 13,245 ------------- 58,816 ------------- RUSSIA -- 11.9% ABH Financial MTN 8.200%, 06/25/12 (A) 372 359 Alfa Invest MTN 9.250%, 06/24/13 (A) 1,200 1,200 Dali Capital for JSC Vneshtorgbank 7.000%, 04/13/09 5,600 238 DST 10.750%, 05/22/09 1,300 1,300 Gaz Capital for Gazprom Registered 9.625%, 03/01/13 1,500 1,656 8.625%, 04/28/34 2,940 3,182 Kazan Orgsintez 9.250%, 10/30/11 505 503
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- ---------------- ------------- Kuznetski Capital for Bank of Moscow 8.961%, 11/25/10 (B) 1,200 $ 1,178 Lukoil International Finance 6.656%, 06/07/22 (A) 245 223 Orient Express Finance for Vostochny Express Bank 9.875%, 07/03/09 RUB 15,000 624 RSHB Capital 7.750%, 05/29/18 (A) 1,860 1,823 7.175%, 05/16/13 400 399 7.125%, 01/14/14 (A) 1,630 1,607 6.299%, 05/15/17 (A) 2,375 2,191 Russian Federation Registered 12.750%, 06/24/28 4,355 7,763 11.000%, 07/24/18 5,650 7,924 7.500%, 03/31/30 (B) 55,288 62,027 7.500%, 03/31/30 (B) 9,850 11,050 Teorema Holding 11.000%, 10/27/09 3,400 3,400 TransCapital (Transneft) 6.103%, 06/27/12 (A) 700 702 UBS (Vimpelcom) 8.250%, 05/23/16 335 328 8.250%, 05/23/16 235 230 VIP Finance Ireland for Vimpel Communications 9.125%, 04/30/18 (A)(E) 1,950 1,918 8.375%, 04/30/13 (A) 1,350 1,331 VTB Capital 7.815%, 08/04/08 (B)(D) 1,735 1,723 6.875%, 05/29/18 (A)(E) 3,375 3,291 6.609%, 10/31/12 (A) 900 874 ------------- 119,044 ------------- SINGAPORE -- 0.1% DBS Bank MTN 5.000%, 11/15/08 (A)(D) 195 179 United Overseas Bank 5.375%, 09/03/08 (A)(D) 1,000 940 ------------- 1,119 ------------- SOUTH AFRICA -- 1.3% Republic of South Africa 8.500%, 06/23/17 860 972 6.500%, 06/02/14 7,905 8,132 5.875%, 05/30/22 3,640 3,394 ------------- 12,498 ------------- SOUTH KOREA -- 0.1% Shinhan Bank 6.819%, 09/20/08 (D) 630 535 Woori Bank 6.208%, 05/02/37 610 479 ------------- 1,014 ------------- SRI LANKA -- 0.0% Republic of Sri Lanka MTN 8.250%, 10/24/12 (A) 190 170 ------------- SUPRA-NATIONAL -- 0.3% European Investment Bank MTN 10.000%, 01/28/11 TRY 3,770 2,675 -------------
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- ---------------- ------------- THAILAND -- 0.2% Bangkok Bank 9.025%, 03/15/29 390 $ 418 True Move 10.750%, 12/16/13 (A) 1,250 1,089 ------------- 1,507 ------------- TRINIDAD & TOBAGO -- 0.1% Petroleum of Trinidad & Tobago 6.000%, 05/08/22 665 635 ------------- TUNISIA -- 0.2% Banque Centrale de Tunisie 8.250%, 09/19/27 1,095 1,259 7.375%, 04/25/12 465 492 ------------- 1,751 ------------- TURKEY -- 4.0% Republic of Turkey 11.875%, 01/15/30 3,930 5,522 10.000%, 02/15/12 TRY 360 282 9.500%, 01/15/14 500 548 8.000%, 02/14/34 4,300 4,107 7.375%, 02/05/25 3,000 2,793 7.250%, 03/05/38 5,530 4,728 7.250%, 03/15/15 550 542 7.000%, 09/26/16 2,390 2,288 6.875%, 03/17/36 13,805 11,406 6.750%, 04/03/18 8,250 7,672 0.000%, 01/19/11 600 417 ------------- 40,305 ------------- UKRAINE -- 2.0% Credit Suisse First Boston International (Export/Import - Ukraine) 8.000%, 11/06/15 750 689 6.800%, 10/04/12 600 553 Government of Ukraine Registered 7.650%, 06/11/13 (E) 4,940 4,804 6.875%, 03/04/11 (A) 4,475 4,414 6.580%, 11/21/16 850 750 6.580%, 11/21/16 (A) 6,735 5,977 6.385%, 06/26/12 1,100 1,056 Naftogaz Ukrainy 8.125%, 09/30/09 700 683 Springvale Holdings 11.283%, 09/08/08 (D) 1,000 1,000 ------------- 19,926 ------------- UNITED ARAB EMIRATES -- 1.0% HSBC Bank Middle East MTN 2.679%, 10/30/08 (D) 16,000 4,347 Jafz Sukuk 3.291%, 11/27/08 (D) AED 22,000 6,020 ------------- 10,367 ------------- UNITED KINGDOM -- 0.2% Barclays Bank MTN 0.000%, 03/17/13 (A)(D) 600 663 0.000%, 12/17/12 (A)(D) 600 612
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Debt Fund June 30, 2008
Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- ---------------- ------------- UK Private Bank 8.000%, 02/06/12 (A) 1,000 $ 850 ------------- 2,125 ------------- UNITED STATES -- 0.3% Citigroup Funding 6.000%, 05/18/15 (A) 800 969 0.000%, 01/03/17 (D) 1,500 1,603 ------------- 2,572 ------------- URUGUAY -- 3.2% Republic of Uruguay 9.250%, 05/17/17 4,325 5,255 8.000%, 11/18/22 21,585 23,042 7.875%, 01/15/33 3,050 3,202 7.625%, 03/21/36 600 615 ------------- 32,114 ------------- VENEZUELA -- 5.6% Government of Venezuela 13.625%, 08/15/18 1,200 1,482 10.750%, 09/19/13 5,980 6,219 9.375%, 01/13/34 7,470 6,786 9.250%, 09/15/27 5,470 5,134 9.250%, 05/07/28 5,420 4,873 9.000%, 05/07/23 3,935 3,418 8.500%, 10/08/14 3,021 2,847 7.650%, 04/21/25 10,625 8,394 6.000%, 12/09/20 4,830 3,470 5.750%, 02/26/16 6,500 5,106 Government of Venezuela Registered 7.000%, 12/01/18 1,850 1,489 5.375%, 08/07/10 3,225 3,028 Petroleos De Venezuela 5.375%, 04/12/27 5,355 3,173 5.250%, 04/12/17 900 626 ------------- 56,045 ------------- VIETNAM -- 0.3% Republic of Vietnam 6.875%, 01/15/16 3,565 3,426 ------------- YEMEN -- 0.1% Pemberley SPV Finance 2008 Yemen MTN 11.500%, 02/19/14 (A) 1,250 1,256 ------------- Total Global Bonds (Cost $856,619) ($ Thousands) 854,259 ------------- LOAN PARTICIPATIONS -- 3.8% GERMANY -- 0.1% Rike 9.000%, 08/17/11 1,200 1,200 ------------- INDONESIA -- 0.4% Indonesia Standby Loan 94 (Counterparty: Deutsche Bank) 3.563%, 09/29/08 (C)(G) 4,173 4,090
Face Amount (Thousands)(1)/ Market Value Description Shares/Contracts ($ Thousands) - ----------- ---------------- ------------- MEXICO -- 0.9% Altos Hornos, Promissory Note # 5 0.000%, 04/29/99 (C)(G) 2,500 $ 1,400 Altos Hornos, Promissory Note # 6 0.000%, 04/29/99 (C)(G) 2,500 1,400 Altos Hornos Promissory Note (Counterparty: Deutche Bank) 0.000%, 12/31/49 (C)(G) 4,500 2,520 Altos Hornos Tranche A (Counterparty: Banc of America) 0.000%, 04/11/04 (C)(G) 6,540 3,695 ------------- 9,015 ------------- NIGERIA -- 0.4% Oando 13.900%, 03/02/10 229,710 1,932 13.900%, 02/23/10 229,710 1,933 ------------- 3,865 ------------- RUSSIA -- 0.3% Snegri 10.500%, 04/21/10 2,550 2,550 ------------- SINGAPORE -- 1.2% Connect International PIK 0.000%, 01/01/09 (C)(G) 8,102 8,185 Neptune 0.000%, 12/05/08 (C) 3,678 3,678 ------------- 11,863 ------------- TURKEY -- 0.6% Cukurova, Ser A 10.980%, 11/24/08 1,460 1,430 Cukurova, Ser B 10.973%, 05/01/12 4,600 4,278 ------------- 5,708 ------------- Total Loan Participations (Cost $32,686) ($ Thousands) 38,291 ------------- COMMON STOCK -- 0.5% BRAZIL -- 0.5% GVT Holding * 199,627 4,889 ------------- Total Common Stock (Cost $981) ($ Thousands) 4,889 ------------- PURCHASED OPTIONS -- 0.1% BRAZIL -- 0.1% December 2008 BRL Call, Expires 12/20/08 Strike Price: BRL 1.705 * 9,650,000 276 December 2008 BRL Call, Expires 12/20/08 Strike Price: BRL 1.710 * 9,680,000 288 January 2009 BRL Call, Expires 01/17/09 Strike Price: BRL 1.705 * 7,843,000 217
SEI Institutional International Trust / Quarterly Report / June 30, 2008
Contracts/ Face Amount Market Value Description (Thousands)(1) ($ Thousands) - ----------- ---------------- ------------- November 2008 BRL Call, Expires 11/22/08 Strike Price: BRL 1.670 * 9,452,200 $ 204 November 2008 BRL Call, Expires 11/22/08 Strike Price: BRL 1.700 * 6,800,000 191 ------------- Total Purchased Options (Cost $682) ($ Thousands) 1,176 -------------
Number Of Warrants ---------------- WARRANTS -- 0.1% RUSSIA -- 0.1% Teorema Holding A, Expires 10/27/11 * 226 154 Teorema Holding B, Expires 10/27/11 * 452 307 ------------- Total Warrants (Cost $77) ($ Thousands) 461 ------------- DEPOSIT WITH COUNTERPARTY AS COLLATERAL FOR SWAP CONTRACTS -- 4.7%(H) BRAZIL -- 2.0% Deposit with Deutsche Bank as Collateral for Swap Contracts Outstanding 877 877 Deposits with Deutsche Bank as Collateral for Swap Contracts Outstanding BRL 9,375 5,894 Deposits with Goldman Sachs as Collateral for Swap Contracts Outstanding BRL 4,564 2,869 Deposits with JP Morgan Chase as Collageral for Swap Contracts Outstanding 2,798 2,798 Deposits with JP Morgan Chase as Collateral for Swap Contracts Outstanding 8,061 8,062 ------------- 20,500 ------------- INDONESIA -- 0.1% Deposits with Deutsche Bank as Collateral for Swap Contracts Outstanding IDR 6,689,757 726 ------------- ISRAEL -- 0.5% Deposits with HSBC as Collateral for Swap Contracts Outstanding ILS 7,824 2,335 Deposits with UBS as Collateral for Swap Contracts Outstanding ILS 7,190 2,146 ------------- 4,481 ------------- NIGERIA -- 0.4% Deposits with Citibank as Collateral for Swap Contracts Outstanding 648 648 Deposits with Merrill Lynch as Collateral for Swap Contracts Outstanding NGN 288,900 2,452
Face Amount (Thousands)(1)/ Market Value Description Shares/Contracts ($ Thousands) - ----------- ---------------- ------------- Deposits with Standard Bank as Collateral for Swap Contracts Outstanding 790 $ 790 Deposits with UBS as Collateral for Swap Contracts Outstanding NGN 45,165 383 ------------- 4,273 ------------- RUSSIA -- 1.0% Deposits with Credit Suisse First Boston as Collateral for Swap Contracts Outstanding 9,550 9,550 ------------- UKRAINE -- 0.8% Deposits with Credit Suisse First Boston as Collateral for Swap Contracts Outstanding 5,750 5,750 Deposits with Merrill Lynch as Collateral for Swap Contracts Outstanding 2,273 2,273 ------------- 8,023 ------------- Total Deposit with Counterparty as Collateral for Swap Contracts (Cost $46,438) ($ Thousands) 47,553 ------------- AFFILIATED PARTNERSHIP -- 2.2% UNITED STATES -- 2.1% SEI Liquidity Fund, L.P., 2.75% **+(I) 21,958,023 21,958 ------------- Total Affiliated Partnership (Cost $21,958) ($ Thousands) 21,958 ------------- Total Investments -- 96.7% (Cost $959,441)($ Thousands) ++ $ 968,587 ============= WRITTEN OPTIONS -- 0.0% BRAZIL -- 0.0% December 2008 BRL Call, Expires 12/20/08, Strike Price BRL 1.610 * (9,110,000) $ (112) December 2008 BRL Call, Expires 12/20/08, Strike Price BRL 1.570 * (8,886,200) (69) January 2009 BRL Call, Expires 12/20/08, Strike Price BRL 1.605 * (9,090,000) (105) January 2009 BRL Call, Expires 01/17/09, Strike Price BRL 1.605 * (7,383,000) (88) November 2008 BRL Call, Expires 11/22/08, Strike Price BRL 1.550 * (6,200,000) (33) ------------- Total Written Options (Premiums Received $(266)) ($ Thousands) $ (407) -------------
SEI Institutional International Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Debt Fund June 30, 2008 A summary of outstanding swap agreements held by the Fund at June 30, 2008, is as follows: Total Return Swaps
FUND COUNTERPARTY REFERENCE ENTITY/OBLIGATION FUND PAYS RECEIVES - ------------- ----------------------------------------------- ------------------------------- ------------- Standard Bank Federal Government Of Nigeria 17.00%, 12/16/08 Cash Deposit Of Notional Amount Price Return Merrill Lynch Solar Gardens Ltd Term Loan Credit Facility Cash Deposit Of Notional Amount Price Return UBS Warburg Federal Government Of Nigeria 9.350%, 08/31/20 Cash Deposit Of Notional Amount Price Return Goldman Sachs Federative Republic Of Brazil 10.000%, 01/01/17 Cash Deposit Of Notional Amount Price Return JPMorgan Chase Bank Federative Republic Of Brazil 6.000%, 05/15/11 Cash Deposit Of Notional Amount Price Return Deutsche Bank Federative Republic Of Brazil 6.000%, 05/15/17 Cash Deposit Of Notional Amount Price Return JPMorgan Chase Bank Federative Republic Of Brazil 6.000%, 08/15/10 Cash Deposit Of Notional Amount Price Return Deutsche Bank Federative Republic Of Brazil 6.000%, 08/15/10 Cash Deposit Of Notional Amount Price Return Deutsche Bank Federative Republic Of Brazil 6.000%, 08/15/10 Cash Deposit Of Notional Amount Price Return Deutsche Bank Indonesia Government 12.000%, 09/15/11 Cash Deposit Of Notional Amount Price Return HSBC Israel Government 5.000%, 03/31/13 Cash Deposit Of Notional Amount Price Return UBS Warburg Israel Government 5.000%, 03/31/13 Cash Deposit Of Notional Amount Price Return Standard Bank Federal Government Of Nigeria 12.500%, 02/24/09 Cash Deposit Of Notional Amount Price Return Citibank Federal Government Of Nigeria 12.500%, 03/31/09 Cash Deposit Of Notional Amount Price Return Merrill Lynch Osjc Zaporozh Term Loan Credit Facility 9.784%, Cash Deposit Of Notional Amount Price Return 12/31/10 NET UNREALIZED APPRECIATION TERMINATION NOTIONAL AMOUNT (DEPRECIATION) COUNTERPARTY DATE (THOUSANDS)(1) ($THOUSANDS) - ------------- ----------- --------------- -------------- Standard Bank 12/16/08 NGN 45,003 $ 20 Merrill Lynch 12/30/09 NGN 288,900 72 UBS Warburg 08/31/17 NGN 49,550 20 Goldman Sachs 01/01/17 BRL 4,500 (393) JPMorgan Chase Bank 05/15/11 BRL 4,214 548 Deutsche Bank 08/15/10 BRL 4,383 (50) JPMorgan Chase Bank 08/15/10 BRL 12,000 1,980 Deutsche Bank 08/15/10 BRL 1,400 249 Deutsche Bank 08/15/10 BRL 1,400 43 Deutsche Bank 09/15/11 IDR 5,900,000 (68) HSBC 03/31/13 ILS 7,800 (3) UBS Warburg 03/31/13 ILS 7,169 (3) Standard Bank 02/25/09 NGN 55,618 25 Citibank 04/03/09 NGN 82,011 90 Merrill Lynch 12/31/10 2,273 91 ------ $2,621 ======
CREDIT DEFAULT SWAPS
NET UNREALIZED (PAYS)/ APPRECIATION BUY/SELL RECEIVES TERMINATION NOTIONAL AMOUNT (DEPRECIATION) COUNTERPARTY REFERENCE ENTITY/OBLIGATION PROTECTION RATE DATE (THOUSANDS)(1) ($ THOUSANDS) - ------------ --------------------------- ---------- -------- ----------- --------------- -------------- JPMorgan Chase Bank Federative Republic of Brazil 12.2500%, 06/6/30 Sell 3.69% 10/20/15 (4,500) $ 661 Credit Suisse JSC Gazprom 8.625% 04/28/34 Sell 1.60 01/20/16 (8,550) (367) Credit Suisse JSC Gazprom 8.625% 04/28/34 Sell 1.37 08/20/16 (1,000) (57) Credit Suisse Naftogaz Ukrainy, 8.125% 09/30/09 Sell 5.75 12/20/08 (1,400) (18) Credit Suisse Naftogaz Ukrainy, 8.125% 09/30/09 Sell 5.75 12/20/09 (3,600) (123) Credit Suisse Naftogaz Ukrainy, 8.125%, 09/30/09 Sell 5.20 12/20/11 (750) (52) ----- $ 44 =====
SEI Institutional International Trust / Quarterly Report / June 30, 2008 INTEREST RATE SWAPS
NET UNREALIZED NOTIONAL APPRECIATION FUND TERMINATION AMOUNT (DEPRECIATION) COUNTERPARTY FUND PAYS RECEIVES DATE (THOUSANDS)(1) ($ THOUSANDS) - ------------ ----------------------------- -------- ----------- -------------- -------------- Lehman Brothers Brazil Interbank Deposit Rate 10.65% 01/02/12 BRL 7,300 $ (429) Lehman Brothers Brazil Interbank Deposit Rate 11.09% 01/02/12 BRL 14,300 (742) Lehman Brothers Brazil Interbank Deposit Rate 12.34% 01/02/12 BRL 16,026 (820) Lehman Brothers Brazil Interbank Deposit Rate 12.57% 01/02/12 BRL 15,687 (728) Lehman Brothers Brazil Interbank Deposit Rate 12.38% 01/02/12 BRL 13,089 (659) Deutsche Bank Brazil Interbank Deposit Rate 13.75% 01/02/12 BRL 6,043 (145) Deutsche Bank Brazil Interbank Deposit Rate 10.63% 01/02/12 BRL 5,531 (516) Credit Suisse 6-Month USD LIBOR 4.89% 01/20/16 8,550 212 ------- $(3,827) =======
A summary of the outstanding forward foreign currency contracts held by the Fund at June 30, 2008, is as follows:
UNREALIZED CURRENCY CURRENCY APPRECIATION SETTLEMENT TO DELIVER TO RECEIVE (DEPRECIATION) DATE (THOUSANDS) (THOUSANDS) ($ THOUSANDS) - ---------- --------------- --------------- -------------- 7/2/08-8/4/08 BRL 83,974 USD 51,216 $(1,448) 7/2/08-8/4/08 USD 41,476 BRL 67,304 780 7/7/08-9/5/08 USD 10,370 CZK 166,361 586 7/10/08-9/9/08 USD 12,952 RUB 310,323 276 7/11/08 USD 2,400 ZAR 19,074 31 7/11/08 ZAR 9,324 USD 1,226 38 7/14/08 KRW 1,977,780 USD 1,920 30 7/14/08 USD 2,027 KRW 1,977,780 (136) 7/15/08 MXP 49,964 USD 4,800 (39) 7/15/08 USD 9,798 MXP 104,005 275 7/16/08 EUR 14,611 USD 21,440 (1,561) 7/16/08 USD 5,290 EUR 3,407 74 7/18/08 USD 729 PHP 30,828 (43) 7/22/08 INR 131,307 USD 3,101 61 7/22/08 USD 3,282 INR 131,307 (242) 7/22/08-8/29/08 USD 12,234 SGD 16,606 10 7/23/08 USD 7,363 PLN 16,073 180 8/19/08 ILS 3,908 USD 1,200 35 8/19/08-8/20/08 USD 6,430 ILS 22,862 383 ------- $ (923) =======
SEI Institutional Managed Trust / Quarterly Report / June 30, 2008 SCHEDULE OF INVESTMENTS (Unaudited) Emerging Markets Debt Fund June 30, 2008 A summary of the open futures contracts held by the Fund at June 30, 2008, is as follows:
NUMBER OF UNREALIZED CONTRACTS APPRECIATION TYPE OF CONTRACT LONG (SHORT) EXPIRATION DATE ($ THOUSANDS) - ---------------- ------------ --------------- ------------- U.S. 5-Year Note 26 Sep-2008 $ 23 U.S. Long Treasury Bond 74 Sep-2008 213 ---- $236 ====
Percentages are based on a Net Assets of $1,001,996($ Thousands). * Non-income producing security. ** Affiliated security + Rate shown is the 7-day effective yield as of June 30, 2008. (1) In U.S. dollars unless otherwise noted. (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) Step Bonds - The rate reflected on the Schedule of Investments is the effective yield on June 30, 2008. The coupon on a step bond changes on a specified date. (C) Security in default on interest payments. (D) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effect as of June 30, 2008. The date reported on the Schedule of Investments is the next reset date. (E) This security or a partial position of this security is on loan at June 30, 2008. The total market value of securities on loan at June 30, 2008 was $19,925 ($ Thousands). (F) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase. (G) Security fair valued using methods determined in good faith by the Valuation Committee of the Board of Trustees. The total market value of such securities as of June 30, 2008 was $22,647 and represented 2.26% of Net Assets. (H) Cash on loan to swap counterparty as collateral for outstanding swap contracts. (I) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of June 30, 2008 was $21,958 ($ Thousands) ++ At June 30, 2008, the tax basis cost of the Fund's investments was 959,441 ($ Thousands), and the unrealized appreciation and depreciation were $46,782 ($ Thousands) and ($37,636) ($ Thousands) respectively. AED -- United Arab Emirates Dirham BRL -- Brazilian Real COP -- Chilean Peso CZK -- Czech Koruna EUR -- Euro IDR -- Indonesian Rupiah ILS -- Israeli New Shekels INR -- Indian Rupee ITL -- Italian Lira KRW -- Korean Won L.P. -- Limited Partnership MTN -- Medium Term Note MXP -- Mexican Peso NGN -- Nigerian Naira PIK -- Payment-in-Kind PHP -- Phillipine Peso PLN -- Polish Zloty RUB -- Russian Ruble Ser -- Series SGD -- Singapore Dollar TRY -- New Turkish Lira USD -- U.S. Dollar ZAR -- South African Rand Amounts designated as "--" are $0 or have been rounded to $0 For information regarding the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual and annual financial statements. SEI Institutional International Trust / Quarterly Report / June 30, 2008 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: August 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: August 29, 2008 By (Signature and Title)* /s/ Stephen F. Panner ----------------------------------------- Stephen F. Panner, Controller & CFO Date: August 29, 2008 * Print the name and title of each signing officer under his or her signature. EX-99.CERT 2 siit302cert6_08rn.txt SIIT 302 CERT 6_08 RN 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: August 29, 2008 /s/ Robert A. Nesher - ----------------------- Robert A. Nesher Chief Executive Officer EX-99.CERT 3 siit302cert6_08sp.txt SIIT 302 CERT 6_08 SP 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: August 29, 2008 /s/ Stephen F. Panner - --------------------- Stephen F. Panner Controller & CFO -----END PRIVACY-ENHANCED MESSAGE-----