-----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, J2cIzJhFBUhrV0xAqx+uBlLuHjBSaAbeU8TmiUfM14KNjYCTNHGgoObi1vfHxtGd O8jOe4GKaYGt3wzXXtvxJQ== 0001193125-10-044936.txt : 20100301 0001193125-10-044936.hdr.sgml : 20100301 20100301172648 ACCESSION NUMBER: 0001193125-10-044936 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100301 DATE AS OF CHANGE: 20100301 EFFECTIVENESS DATE: 20100301 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: 10646335 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 C000073411 SIT International Equity Fund - Class G 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 C000073412 SIT Emerging Markets Equity Fund - Class G 0000835597 S000006421 SIT EMERGING MARKETS DEBT FUND C000017610 SIT EMERGING MARKETS DEBT FUND - CLASS A SITEX C000073413 SIT Emerging Markets Debt Fund - Class G N-Q 1 dnq.htm SEI INSTITUTIONAL INTERNATIONAL TRUST SEI Institutional International Trust

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act File Number 811-05601

SEI Institutional International Trust

(Exact name of registrant as specified in charter)

 

 

c/o CT Corporation

101 Federal Street

Boston, MA 02110

(Address of principal executive offices) (Zip code)

SEI Investments

One Freedom Valley Drive

Oaks, PA 19456

(Name and address of agent for service)

Registrant’s telephone number, including area code: 1-800-342-5734

Date of fiscal year end: September 30, 2010

Date of reporting period: December 31, 2009

 

 

 

Item 1. Schedule of Investments

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

December 31, 2009

 

Description

   Shares   Market Value
($ Thousands)

COMMON STOCK — 89.8%

    

Argentina — 0.1%

    

Banco Macro ADR

   17,700   $ 527

BBVA Banco Frances ADR

   39,313     247

Grupo Financiero Galicia ADR*

   50,500     291

Telecom Argentina ADR*

   8,200     138

Tenaris

   34,106     736
       
      1,939
       

Australia — 5.8%

    

AGL Energy

   23,533     296

AJ Lucas Group

   278     1

Amcor

   125,214     698

AMP

   168,312     1,018

Aristocrat Leisure

   23,447     84

Arrow Energy*

   55,120     205

Asciano Group

   238,968     387

Australia & New Zealand Banking Group

   366,215     7,472

Australian Infrastructure Fund

   74,414     118

Australian Stock Exchange

   11,821     369

AWB

   131,337     133

Beach Petroleum

   535,481     441

Bendigo and Adelaide Bank

   34,045     299

BHP Billiton

   597,199     22,881

Billabong International

   28,066     275

Biota Holdings

   5,400     12

BlueScope Steel

   457,476     1,262

Boral(A)

   61,828     329

Brambles

   26,822     163

Caltex Australia

   11,624     97

CFS Retail Property Trust(B)

   198,858     339

Coca-Cola Amatil

   259,993     2,684

Cochlear

   7,036     435

Commonwealth Bank of Australia

   210,184     10,274

Computershare

   212,158     2,173

Crown

   50,850     364

CSR

   55,762     90

David Jones

   58,100     280

Dexus Property Group(B)

   115,600     88

Downer EDI

   34,676     289

Energy Resources of Australia

   4,521     97

Fortescue Metals Group*

   63,221     250

Foster’s Group

   535,184     2,636

Goodman Fielder

   705,601     1,029

GPT Group(B)

   321,103     173

GrainCorp

   72,859     407

Harvey Norman Holdings

   501,689     1,894

Hillgrove Resources

   156,973     60

Incitec Pivot

   158,033     500

Insurance Australia Group

   243,819     877

JB Hi-Fi

   47,654     963

John Fairfax Holdings

   728,424     1,134

Kingsgate Consolidated

   4,600     38

Leighton Holdings

   40,669     1,380

Lend Lease

   172,931     1,598

Macquarie Airports

   31,273     85

Macquarie Group

   14,267     612

Macquarie Infrastructure Group

   1,237,651     1,476

Metcash

   176,440     708

Mirvac Group(B)

   145,993     204

 

Description

   Shares   Market Value
($ Thousands)

National Australia Bank

   189,842   $ 4,639

Newcrest Mining

   31,073     985

OneSteel

   82,438     248

Orica

   140,242     3,265

Origin Energy

   17,376     262

OZ Minerals

   667,988     713

Pacific Brands

   501,136     506

Paladin Energy*

   14,712     55

Primary Health Care

   18,400     99

Qantas Airways

   1,514,225     4,045

QBE Insurance Group

   10,989     251

Rio Tinto

   104,369     6,976

Santos

   338,922     4,274

Sims Group

   5,269     103

Sonic Healthcare

   34,466     475

SP AusNet

   46,456     38

Stockland(B)

   58,180     205

Straits Resources(A)

   195,242     301

Suncorp-Metway

   333,873     2,588

Super Cheap Auto Group

   11,099     54

TABCORP Holdings

   186,182     1,157

Tatts Group

   556,947     1,216

Telstra

   345,227     1,063

Toll Holdings

   63,604     497

Transurban Group

   38,047     188

United Group

   14,500     185

Wesfarmers

   225,654     6,315

Westfield Group(B)

   134,524     1,507

Westpac Banking

   240,051     5,429

Woodside Petroleum

   9,757     412

Woolworths

   136,590     3,430

WorleyParsons

   18,952     493
       
      121,651
       

Austria — 0.3%

    

Erste Group Bank

   31,071     1,155

EVN

   2,708     51

Immoeast*

   34,395     189

Mayr Melnhof Karton

   571     59

OMV

   72,716     3,193

Raiffeisen International Bank Holding

   2,501     140

Strabag

   11,053     326

Vienna Insurance Group

   6,678     343

Voestalpine

   3,492     128
       
      5,584
       

Belgium — 1.4%

    

Delhaize Group

   87,772     6,720

Dexia

   253,623     1,598

D’ieteren

   375     150

Fortis

   266,626     988

Groupe Bruxelles Lambert

   14,324     1,354

InBev

   165,141     8,556

KBC Groep

   53,707     2,309

Solvay

   16,991     1,831

Telenet Group Holding

   27,791     793

UCB

   88,057     3,678

Umicore

   27,989     934
       
      28,911
       

 

 

1    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Brazil — 0.4%

    

BRF - Brasil Foods

   89,800   $ 2,337

Cia Energetica de Minas Gerais ADR

   157,350     2,842

Cyrela Brazil Realty

   112,600     1,583

Redecard

   74,800     1,244
       
      8,006
       

Canada — 1.4%

    

Agrium

   39,400     2,423

Barrick Gold

   75,400     2,969

Bombardier, Cl B

   398,500     1,825

Canadian National Railway

   60,880     3,330

Cascades

   13,400     114

Cenovus Energy

   14,070     356

Domtar*

   2,200     122

EnCana

   14,070     458

Garda World Security, Cl A*

   10,200     99

Gildan Activewear*

   29,900     733

Goldcorp

   125,880     4,952

Husky Energy

   27,000     775

IAMGOLD

   65,076     1,025

Nexen

   0     —  

Open Text*

   62,900     2,557

Pacific Rubiales Energy*(A)

   58,500     862

QLT*

   10,800     54

Royal Bank of Canada

   11,500     619

Sino-Forest*

   177,500     3,281

Teck Resources, Cl B*

   30,600     1,075

TELUS, Cl A

   1     —  

Yamana Gold

   117,000     1,339
       
      28,968
       

Chile — 0.2%

    

Banco de Chile ADR

   1,100     59

Banco Santander Chile ADR

   42,400     2,747

Enersis ADR

   15,800     361
       
      3,167
       

China — 0.5%

    

Bank of China

   5,447,000     2,927

China Railway Group*

   767,000     592

Dongfeng Motor Group

   442,000     631

Industrial & Commercial Bank of China

   4,969,000     4,092

Perfect World ADR*

   18,400     726

Qingling Motors

   794,000     193

Trina Solar ADR*

   20,050     1,082
       
      10,243
       

Cyprus — 0.0%

    

Bank of Cyprus Public

   91,257     640
       

Denmark — 0.6%

    

AP Moller - Maersk, Cl A

   162     1,095

Carlsberg, Cl B

   46,264     3,409

Danisco

   11,102     741

Danske Bank

   100,622     2,261

DSV

   7,530     136

FLSmidth

   12,590     883

 

Description

   Shares   Market Value
($ Thousands)

H Lundbeck

   8,549   $ 155

Novo Nordisk, Cl B

   42,411     2,710

Sydbank

   8,916     227

Topdanmark*

   3,655     493

William Demant Holding*(A)

   7,114     535
       
      12,645
       

Finland — 0.9%

    

Citycon

   56,574     237

Elisa, Cl A

   5,021     115

Fortum

   5,579     151

Huhtamaki

   20,890     290

Kesko, Cl B

   12,976     429

Kone, Cl B

   129,349     5,548

Konecranes

   2,412     66

Metso

   50,042     1,762

Nokia

   133,608     1,729

Nokian Renkaat

   7,580     184

Outokumpu

   5,360     101

Sampo, Cl A

   86,043     2,098

Sanoma

   14,994     338

Sponda

   15,104     59

Stora Enso, Cl R

   337,154     2,367

UPM-Kymmene

   107,676     1,281

Wartsila, Cl B

   32,210     1,292
       
      18,047
       

France — 6.8%

    

Accor

   48,952     2,681

Aeroports de Paris

   2,179     175

Air France-KLM(A)

   39,581     622

Air Liquide

   1,000     119

Alcatel-Lucent(A)

   158,221     533

Alstom(A)

   28,566     2,000

Arkema

   16,054     596

Atos Origin(A)

   18,079     829

AXA(A)

   105,494     2,479

BioMerieux

   1,235     144

BNP Paribas(A)

   217,971     17,303

Bouygues(A)

   28,439     1,474

Capital Gemini(A)

   34,839     1,591

Carrefour

   4,168     200

Casino Guichard Perrachon

   8,148     727

Christian Dior

   23,085     2,368

Cie de Saint-Gobain

   2,502     136

Cie Generale d’Optique Essilor International

   6,731     403

Club Mediterranee*(A)

   6,051     111

CNP Assurances

   30,866     2,991

Compagnie Generale des Etablissements Michelin, Cl B

   14,102     1,081

Credit Agricole

   224,170     3,937

Dassault Systemes(A)

   1,760     100

EDF(A)

   44,048     2,620

Eiffage(A)

   1,832     103

Eurazeo

   4,522     314

Eutelsat Communications

   45,289     1,454

Fonciere Des Regions(A)(B)

   7,336     751

France Telecom(A)

   277,937     6,951

GDF Suez(A)

   12,838     557

Gecina(B)

   8,662     943

Groupe Danone

   1,262     78

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    2

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Groupe Steria SCA(A)

   3,103   $ 95

Havas

   135,416     542

Hermes International(A)

   214     29

Iliad

   671     80

Ipsen

   4,116     228

JC Decaux

   1,739     42

Klepierre(B)

   13,895     564

Lafarge(A)

   26,160     2,156

Lagardere SCA

   5,957     241

Legrand

   28,317     789

L’Oreal

   3,042     340

LVMH Moet Hennessy Louis Vuitton(A)

   6,259     702

Metropole Television(A)

   39,521     1,012

Natixis

   141,475     707

Neopost(A)

   3,183     263

Nexity

   7,597     276

PagesJaunes Groupe

   14,592     163

Pernod-Ricard

   1,411     121

Peugeot

   73,968     2,489

PPR(A)

   47,841     5,747

Publicis Groupe(A)

   69,824     2,841

Rallye

   1,307     46

Renault(A)

   24,140     1,239

Rhodia

   24,958     445

Safran(A)

   66,196     1,295

Sanofi-Aventis

   300,607     23,660

Schneider Electric(A)

   14,057     1,636

SCOR

   51,860     1,304

SES

   5,761     130

Societe BIC

   1,751     121

Societe Des Autoroutes Paris-Rhin-Rhone(A)

   4,145     319

Societe Generale

   62,428     4,341

Societe Television Francaise 1(A)

   81,628     1,500

Suez Environnement

   6,066     140

Technip(A)

   73,784     5,196

Total(A)

   236,499     15,203

Unibail(B)

   14,262     3,136

Valeo(A)

   33,564     1,176

Vallourec

   328     59

Veolia Environnement(A)

   3,620     120

Vinci(A)

   48,405     2,726

Vivendi

   110,299     3,276
       
      142,866
       

Germany — 6.3%

    

Adidas

   2,891     157

Aixtron

   62,108     2,089

Allianz

   75,421     9,357

BASF

   173,305     10,735

Bayer

   133,783     10,715

Bayerische Motoren Werke

   136,505     6,219

Beiersdorf

   2,287     151

Bilfinger Berger

   5,394     413

Commerzbank

   9,375     79

DaimlerChrysler

   152,894     8,150

Deutsche Bank

   137,426     9,725

Deutsche Boerse

   34,078     2,824

Deutsche Lufthansa

   178,341     3,014

Deutsche Post

   495,457     9,584

Deutsche Postbank

   10,783     353

Description

   Shares   Market Value
($ Thousands)

Deutsche Telekom

   47,677   $ 700

E.ON

   277,915     11,675

Fresenius Medical Care

   1,549     82

GAGFAH

   45,863     417

Hannover Rueckversicherung

   78,240     3,658

HeidelbergCement

   87,843     6,082

Henkel KGaA

   11,499     516

Hochtief

   55,681     4,250

Infineon Technologies*

   447,717     2,493

Lanxess

   592     23

Linde

   13,217     1,594

MAN

   2,301     179

Metro

   13,253     810

Muenchener Rueckversicherungs

   17,255     2,690

Puma Rudolf Dassler Sport

   859     286

RWE

   63,623     6,179

SAP

   8,097     386

Siemens

   118,774     10,909

Suedzucker

   60,739     1,267

Tipp24

   1,677     68

TUI(A)

   197,074     1,649

United Internet

   95,697     1,262

Volkswagen

   1,903     211

Wacker Chemie

   2,335     405
       
      131,356
       

Greece — 0.7%

    

Alpha Bank AE

   205,259     2,397

Coca Cola Hellenic Bottling

   55,244     1,259

EFG Eurobank Ergasias*

   26,454     296

Ellaktor

   5,960     44

National Bank of Greece

   114,099     2,934

OPAP

   43,898     965

Piraeus Bank*

   72,759     836

Public Power

   343,631     6,378

Titan Cement

   10,609     308
       
      15,417
       

Guernsey — 0.1%

    

Resolution*

   1,721,664     2,487
       

Hong Kong — 3.0%

    

ASM Pacific Technology

   56,300     532

Bank of East Asia

   87,800     345

BOC Hong Kong Holdings

   3,357,700     7,543

Cathay Pacific Airways

   253,000     470

Champion Technology Holdings

   942,000     31

Cheung Kong Holdings

   140,000     1,799

China Overseas Land & Investment

   1,292,000     2,707

China Sci-Tech Holdings*

   2,272,000     71

Chinese Estates Holdings

   148,500     253

CLP Holdings

   259,500     1,756

Dairy Farm International Holdings

   5,300     32

Dickson Concepts International

   99,500     55

DMX Technologies Group*

   475,000     137

Esprit Holdings

   452,100     2,999

First Pacific

   305,000     185

Geely Automobile Holdings(A)

   135,000     74

Genting Singapore*(A)

   2,766,000     2,550

Guoco Group

   27,000     288

 

 

3    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Hang Lung Group

   61,000   $ 302

Hang Lung Properties

   531,000     2,082

Hang Seng Bank

   57,328     843

Henderson Land Development

   94,000     702

Hengan International Group

   136,000     1,007

HKR International

   12,000     5

Hong Kong & China Gas

   136,000     341

Hong Kong Exchanges and Clearing

   114,800     2,042

Hongkong & Shanghai Hotels

   119,000     174

Hongkong Land Holdings

   227,000     1,118

Hopewell Holdings

   196,500     634

Huabao International Holdings

   1,243,000     1,337

Hutchison Harbour Ring

   506,000     64

Hutchison Telecommunications Hong Kong Holdings

   802,000     136

Hutchison Telecommunications International*

   200,000     41

Hutchison Whampoa

   606,300     4,148

Hysan Development

   303,000     857

Jardine Matheson Holdings

   28,800     865

Jardine Strategic Holdings

   25,000     438

Kerry Properties

   125,000     632

Lai Sun Development*

   3,850,000     65

Li & Fung

   202,000     835

Lifestyle International Holdings

   35,000     65

Link REIT(B)

   61,000     156

MTR

   114,500     394

New World Development

   799,000     1,628

Noble Group

   912,000     2,093

Orient Overseas International

   11,500     53

Pacific Andes Holdings

   57,000     12

Pacific Basin Shipping

   844,000     605

Pacific Century Premium Developments

   326,000     88

RCG Holdings*

   42,943     56

Shangri-La Asia

   30,000     56

SIM Technology Group

   424,000     55

Sino Land

   150,000     289

Sun Hung Kai Properties

   671,000     9,976

Swire Pacific, Cl A

   103,000     1,246

Television Broadcasts

   54,000     259

Texwinca Holdings

   4,000     4

VTech Holdings(A)

   68,000     649

Wharf Holdings

   641,000     3,678

Wheelock

   108,000     329

Wing Hang Bank

   11,000     102

Yue Yuen Industrial Holdings

   275,190     797
       
      63,085
       

India — 0.7%

    

HDFC Bank

   87,580     3,191

Infosys Technologies

   42,830     2,384

Larsen & Toubro

   59,790     2,153

Reliance Industries GDR

   82,168     3,813

State Bank of India GDR

   11,630     1,144

Sterlite Industries India

   107,100     1,976

Wipro ADR

   12,200     272
       
      14,933
       

 

Description

   Shares   Market Value
($ Thousands)

Indonesia — 0.1%

    

Astra International

   345,500   $ 1,270
       

Ireland — 0.1%

    

CRH

   1,404     38

DCC

   13,991     389

Experian

   165,248     1,632

Kerry Group, Cl A

   13,110     386

Smurfit Kappa Group

   15,250     135
       
      2,580
       

Israel — 0.3%

    

Check Point Software Technologies*

   43,080     1,459

Teva Pharmaceutical Industries ADR

   71,300     4,006
       
      5,465
       

Italy — 2.7%

    

ACEA

   53,887     578

Assicurazioni Generali

   9,992     269

Atlantia

   84,736     2,218

Autogrill

   20,700     261

Banca Monte dei Paschi di Siena

   28,519     50

Banca Popolare di Milano Scarl

   120,197     855

Benetton Group

   28,780     257

CIR-Compagnie Industriali Riunite

   33,319     87

Danieli

   6,944     173

Edison

   304,370     463

Enel

   1,790,051     10,372

Engineering Ingegneria Informatica*

   2,148     85

ENI

   278,192     7,090

Exor

   2,311     45

Fiat

   133,916     1,961

Finmeccanica

   96,242     1,542

Hera

   7,408     17

Intesa Sanpaolo

   2,056,280     8,989

Iride

   58,438     111

Luxottica Group

   10,419     270

Mediaset

   364,254     2,997

Mediobanca*

   109,095     1,297

Mediolanum

   46,957     293

Milano Assicurazioni

   42,598     125

Parmalat

   436,082     1,220

Pirelli & C

   161,203     97

Saipem

   4,784     165

Saras

   932,711     2,931

Snam Rete Gas

   160,311     797

Societa Iniziative Autostradali e Servizi

   4,913     46

Telecom Italia

   3,896,693     6,049

Terna Rete Elettrica Nazionale

   231,817     998

UniCredito Italiano

   918,459     3,074

Unipol Gruppo Finanziario

   241,523     331
       
      56,113
       

Japan — 17.7%

    

77 Bank

   182,000     969

Advantest

   7,000     182

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    4

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Aeon

   81,800   $ 664

Aichi Bank

   1,100     80

Aida Engineering(A)

   6,000     18

Air Water

   6,000     71

Aisin Seiki

   73,200     2,116

Ajinomoto

   104,000     979

Alfresa Holdings

   5,400     215

Alpen

   4,100     61

Alpine Electronics

   21,300     226

Alps Electric

   95,600     561

Amada

   17,000     107

AOKI Holdings

   3,800     38

Aoyama Trading

   6,800     87

Arnest One

   9,500     96

Asahi Breweries

   67,800     1,249

Asahi Glass

   729,000     6,937

Asahi Kasei

   136,000     682

Asset Managers Holdings

   760     60

Astellas Pharma

   156,600     5,845

Bank of Kyoto

   74,000     598

Bank of Nagoya

   19,000     69

Bank of Yokohama

   275,000     1,254

Belluna

   5,200     21

Benesse

   900     38

Best Denki

   4,500     16

BML

   2,400     66

Brother Industries

   20,200     232

Canon

   277,400     11,805

Canon Finetech

   1,000     13

Canon Marketing Japan

   63,500     936

Casio Computer

   6,700     54

Cawachi

   3,100     56

Central Japan Railway

   191     1,279

Century Tokyo Leasing

   15,700     167

Chiba Bank

   190,000     1,137

Chiba Kogyo Bank*

   5,500     42

Chubu Electric Power

   1,600     38

Chuetsu Pulp & Paper

   18,000     31

Chugai Pharmaceutical

   55,300     1,034

Circle K Sunkus

   9,200     114

Citizen Holdings

   7,500     43

Cleanup

   200     1

Coca-Cola Central Japan

   4,400     55

COMSYS Holdings

   7,400     78

Corona

   1,900     25

CREATE SD HOLDINGS

   1,700     32

Crescendo Investment, Cl A(B)

   22     28

Dai Nippon Printing

   196,000     2,500

Daicel Chemical Industries

   347,000     2,039

Daihatsu Motor

   27,000     270

Daiichi Sankyo

   191,800     4,024

Daiichikosho

   19,100     216

Daikoku Denki

   2,600     44

Dainippon Ink and Chemicals

   101,000     172

Dainippon Screen Manufacturing

   194,000     856

Dainippon Sumitomo Pharma

   96,700     1,015

Daishi Bank

   33,000     110

Daiwa House Industry

   158,000     1,700

Daiwa Securities Group

   578,000     2,910

DCM Japan Holdings

   17,000     99

Denki Kagaku Kogyo

   225,000     1,006

Denso

   147,400     4,456

Description

   Shares   Market Value
($ Thousands)

Dentsu(A)

   49,500   $ 1,140

Disco

   10,200     639

Dowa Mining

   8,000     44

eAccess

   94     55

East Japan Railway

   102,600     6,495

Eisai

   1,400     52

Eizo Nanao

   500     12

Electric Power Development

   1,900     54

Elpida Memory*

   80,600     1,314

FamilyMart

   1,200     35

Fast Retailing

   14,800     2,783

Fuji Film Holdings

   214,900     6,493

Fuji Heavy Industries

   100,000     489

Fuji Media Holdings

   1,661     2,302

FUJI SOFT INC

   4,300     69

Fujikura

   20,000     104

Fujishoji

   42     47

Fujitec

   7,000     38

Fujitsu

   1,013,000     6,576

Fukuda Denshi

   300     7

Fukuoka Financial Group

   511,000     1,782

Funai Electric

   1,900     95

Furuno Electric

   3,500     16

Goldwin*

   28,000     52

GS Yuasa(A)

   23,000     170

Gunma Bank

   94,000     481

Hachijuni Bank

   25,000     146

Hakuhodo DY Holdings

   5,600     273

Hankyu Hanshin Holdings

   56,000     250

Heiwa

   24,300     249

Heiwa Real Estate

   2,000     6

Heiwado

   6,200     72

Higashi-Nippon Bank

   19,000     37

Hikari Tsushin

   6,400     117

HI-LEX

   4,600     42

Hino Motors

   740,000     2,561

Hitachi

   802,000     2,467

Hitachi Chemical

   21,700     442

Hitachi Construction Machinery

   33,400     876

Hitachi Kokusai Electric

   34,000     297

Hitachi Metals

   4,000     39

Hokuhoku Financial Group

   25,000     51

Honda Motor

   502,100     17,043

Hosiden

   8,500     91

House Foods

   10,200     145

Hoya

   61,700     1,647

Hyakugo Bank

   11,000     49

Ibiden

   28,900     1,037

Idemitsu Kosan

   2,500     146

IHI

   161,000     257

Inaba Denki Sangyo

   500     11

Inabata

   9,100     32

Inpex

   145     1,097

Isetan Mitsukoshi Holdings

   36,700     332

Isuzu Motors

   20,000     38

IT Holdings

   7,400     85

Ito En

   5,500     83

Itochu

   426,000     3,148

Itochu Enex

   16,700     69

Itochu Techno-Solutions

   6,400     172

Itochu-Shokuhin

   1,300     44

Iwatani

   14,000     40

 

 

5    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Izumiya

   4,000   $ 17

J Front Retailing

   43,000     190

Japan Digital Laboratory

   1,700     19

Japan Retail Fund Investment, Cl A(B)

   19     85

Japan Tobacco

   1,496     5,053

JFE Holdings

   206,000     8,146

JFE Shoji Holdings

   10,000     36

JGC

   5,000     92

JS Group

   19,300     332

JSR

   57,500     1,171

JTEKT

   4,600     59

Jupiter Telecommunications

   169     167

Justsystems

   33,500     92

Kamigumi

   106,000     774

Kaneka

   153,000     975

Kansai Electric Power

   38,100     860

Kansai Paint

   43,000     361

Kao

   1,800     42

Kasumi

   1,200     6

Kato Sangyo

   3,100     57

Kawasaki Heavy Industries

   32,000     81

KDDI

   328     1,738

Keio

   63,000     380

Keisei Electric Railway

   32,000     175

Kikkoman

   5,000     61

Kinden

   15,000     127

Kintetsu World Express

   7,600     198

Kirin Brewery

   192,000     3,080

Kita-Nippon Bank

   1,700     45

Koatsu Gas Kogyo

   1,000     6

Kobe Steel

   4,000     7

Kohnan Shoji

   3,500     38

Koito Manufacturing

   7,000     112

Komatsu

   7,400     155

Konica Minolta Holdings

   64,500     665

K’s Holdings

   6,100     183

Kubota

   127,000     1,166

Kuraray

   70,000     824

Kyocera

   34,200     3,013

Kyoei Steel

   3,900     72

Kyorin

   29,000     425

Kyowa Hakko Kirin

   24,000     254

Kyudenko

   9,000     54

Mabuchi Motor

   6,800     337

Maeda

   19,000     52

Maeda Road Construction

   9,000     66

Makino Milling Machine

   11,000     42

Makita

   37,300     1,282

Marubeni

   1,194,000     6,598

Marudai Food

   7,000     21

Marui

   44,100     272

Maruichi Steel Tube

   15,200     304

Matsumotokiyoshi Holdings

   6,500     143

Matsushita Electric Industrial

   230,200     3,315

Matsushita Electric Works

   40,000     485

Maxvalu Nishinihon

   2,300     32

Mazda Motor

   170,000     391

Mediceo Paltac Holdings

   68,400     848

MEIJI Holdings

   6,700     253

Mie Bank

   18,000     49

Mikuni Coca-Cola Bottling

   3,400     27

 

Description

   Shares   Market Value
($ Thousands)

Millea Holdings

   65,900   $ 1,799

Minebea

   154,000     836

Ministop

   3,100     38

Miraca Holdings

   29,700     818

Mitsubishi

   660,100     16,449

Mitsubishi Chemical Holdings

   158,000     673

Mitsubishi Electric

   45,000     334

Mitsubishi Gas Chemical

   76,000     383

Mitsubishi Heavy Industries

   202,000     713

Mitsubishi Materials

   101,000     247

Mitsubishi Motors*(A)

   112,000     156

Mitsubishi Rayon

   48,000     193

Mitsubishi Steel Manufacturing

   39,000     66

Mitsubishi UFJ Financial Group

   1,440,200     7,097

Mitsubishi UFJ Lease & Finance

   5,270     159

Mitsui

   408,400     5,796

Mitsui Chemicals

   457,000     1,184

Mitsui Engineering & Shipbuilding(A)

   488,000     1,176

Mitsui Home

   9,000     43

Mitsui Mining & Smelting

   38,000     99

Mitsui Sugar

   4,000     13

Mitsui Sumitomo Insurance Group Holdings

   41,100     1,050

Mitsumi Electric

   4,300     76

Morinaga Milk Industry

   44,000     174

Murata Manufacturing

   57,000     2,846

Nafco

   3,700     59

Nagase

   19,000     218

Nakanishi

   600     48

Namco Bandai Holdings

   31,100     297

NEC

   355,000     918

NEC Fielding

   5,100     69

NEC Networks & System Integration

   15,900     192

NET One Systems

   48     54

NGK Insulators

   47,000     1,028

NGK Spark Plug

   6,000     68

NHK Spring

   73,000     680

Nidec

   28,100     2,598

Nihon Yamamura Glass

   1,000     3

Nikon

   173,000     3,418

Nintendo

   3,000     717

Nippo

   12,000     86

Nippon Beet Sugar Manufacturing

   12,000     31

Nippon Densetsu Kogyo

   12,000     97

Nippon Electric Glass

   251,000     3,456

Nippon Express

   334,000     1,380

Nippon Flour Mills

   8,000     40

Nippon Konpo Unyu Soko

   7,000     75

Nippon Meat Packers

   17,000     197

Nippon Mining Holdings

   126,500     543

Nippon Oil

   382,000     1,772

Nippon Paper Group

   25,400     649

Nippon Seiki

   5,000     57

Nippon Shokubai

   7,000     60

Nippon Soda

   122,000     440

Nippon Steel

   326,000     1,322

Nippon Steel Trading

   7,000     11

Nippon Telegraph & Telephone

   210,500     8,319

Nipponkoa Insurance

   73,000     416

 


 

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    6

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Nipro

   4,900   $ 101

Nishi-Nippon City Bank

   18,000     44

Nissan Chemical Industries

   29,000     414

Nissan Motor

   1,554,800     13,669

Nissan Shatai

   15,000     134

Nissha Printing

   1,400     69

Nisshin Seifun Group

   13,000     176

Nisshinbo Industries

   5,000     46

Nissin Food Products

   36,900     1,206

Nissin Healthcare Food Service

   700     9

Nitori

   25,361     1,888

Nitto Denko

   24,900     895

Noevir

   400     4

NOK

   9,000     124

Nomura Research Institute

   10,800     212

Noritsu Koki

   6,500     44

NSK

   54,000     396

NTN

   142,000     642

NTT Data

   346     1,073

NTT DoCoMo

   1,212     1,692

Obic

   2,030     332

Odakyu Electric Railway

   10,000     77

Ohsho Food Service

   5,000     133

Okasan Securities Group

   27,000     131

Okaya

   500     5

Okinawa Electric Power

   1,200     64

Okuwa

   5,000     48

Olympus

   10,100     326

Omron

   34,200     615

Ono Pharmaceutical

   6,900     296

Onward Holdings

   19,000     118

Oracle Japan

   2,300     96

ORIX

   17,000     1,158

Osaka Gas

   285,000     961

Osaka Steel

   6,900     116

Otsuka

   2,900     145

Pioneer(A)

   20,400     63

Plenus

   4,200     57

Raito Kogyo

   26,000     56

Rakuten

   4,286     3,264

Rengo

   13,000     77

Resona Holdings

   57,800     587

Ricoh

   61,000     874

Ricoh Leasing

   3,100     62

Rinnai

   4,300     208

Rohm

   9,900     646

Roland

   2,200     20

Ryosan

   1,700     40

Sakai Chemical Industry

   17,000     77

San-Ai Oil

   8,000     31

San-In Godo Bank

   13,000     101

Sanki Engineering

   26,000     183

Sankyo

   1,900     95

Santen Pharmaceutical

   25,900     832

Sanyo Chemical Industries

   9,000     47

Sanyo Electric*(A)

   90,000     166

Sapporo Hokuyo Holdings

   611,100     2,219

Sawai Pharmaceutical

   2,200     126

Sazaby League

   1,700     20

SBI Holdings

   1,417     254

Secom

   3,100     147

Sega Sammy Holdings

   23,600     283

Description

   Shares   Market Value
($ Thousands)

Seiko Epson(A)

   38,200   $ 618

Seino Transportation

   64,000     406

Sekisui House

   39,000     354

Senshu Ikeda Holdings*

   86,600     316

Seven & I Holdings

   75,800     1,548

Sharp

   216,000     2,729

Shimachu

   600     12

Shimamura

   4,500     430

Shimano

   10,100     408

Shin-Etsu Chemical

   2,200     124

Shinko Electric Industries

   66,700     971

Shinko Securities

   354,000     1,072

Shinmaywa Industries

   18,000     55

Shinsei Bank(A)

   398,000     434

Shionogi

   194,500     4,219

Shiseido

   13,500     260

Showa

   3,000     18

Showa Denko KK

   62,000     124

Showa Shell Sekiyu

   8,800     72

Sinanen

   1,000     4

Sintokogio

   16,500     118

Softbank

   13,500     317

Sohgo Security Services

   23,400     262

Sojitz

   51,100     97

So-net Entertainment

   23     52

Sony

   145,400     4,229

SRI Sports

   29     27

Stanley Electric

   76,500     1,552

Sumco

   27,300     483

Sumikin Bussan

   21,000     40

Sumisho Computer Systems

   700     10

Sumitomo

   221,400     2,255

Sumitomo Chemical

   172,000     755

Sumitomo Electric Industries

   397,200     4,950

Sumitomo Heavy Industries

   183,000     927

Sumitomo Metal Mining

   183,000     2,702

Sumitomo Mitsui Financial Group(A)

   116,000     3,330

Sumitomo Realty & Development

   8,000     151

Sumitomo Rubber Industries

   5,600     49

Suzuken

   15,000     494

Suzuki Motor

   85,400     2,104

Sysmex

   2,500     131

T&D Holdings

   21,650     445

Tadano

   13,000     54

Taisho Pharmaceutical

   26,000     448

Taiyo Nippon Sanso

   57,000     607

Taiyo Yuden

   59,000     764

Takeda Pharmaceutical

   121,300     5,000

Takeuchi Manufacturing

   300     3

Tanabe Seiyaku

   4,000     50

TDK

   35,500     2,170

Teijin

   159,000     514

Terumo

   18,100     1,091

TKC

   2,700     51

Tobu Railway

   20,000     104

TOC

   10,000     38

Toda

   13,000     42

Toei

   3,000     16

Toho Gas

   13,000     69

Toho Holdings

   9,400     113

Tohokushinsha Film

   5,200     27

 

 

 

7    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Tokai Tokyo Securities

   12,000   $ 47

Tokyo Broadcasting System

   16,400     231

Tokyo Electron

   22,600     1,451

Tokyo Energy & Systems

   6,000     38

Tokyo Gas

   12,000     48

Tokyo Steel Manufacturing

   2,900     33

Tokyo Style

   5,000     37

Tokyo Tatemono

   29,000     112

Tokyo Tekko

   24,000     70

Tokyu Land

   21,000     78

Toppan Forms

   10,800     113

Toppan Printing

   162,000     1,320

Topre

   1,000     9

Topy Industries

   10,615     19

Toray Industries

   7,000     38

Toshiba

   819,000     4,547

Toshiba TEC

   74,000     281

Tosoh

   49,000     135

Totetsu Kogyo

   9,000     50

Toyo Kohan

   10,000     52

Toyo Securities

   37,000     68

Toyo Seikan Kaisha

   17,100     261

Toyo Suisan Kaisha

   43,000     992

Toyoda Gosei

   30,200     915

Toyota Auto Body

   800     15

Toyota Boshoku

   13,500     302

Toyota Industries

   14,900     445

Toyota Motor

   233,700     9,857

Toyota Tsusho

   158,500     2,346

Trend Micro

   500     19

TS Tech

   2,500     51

Tsumura

   4,300     139

TV Asahi

   91     130

Unicharm

   5,700     535

UNY

   2,000     14

USS

   3,780     231

Valor

   5,400     42

Vital KSK Holdings

   3,000     18

Warabeya Nichiyo

   5,200     58

Watabe Wedding

   7,400     81

West Japan Railway

   226     758

Yakult Honsha

   45,000     1,363

Yamada Denki

   42,450     2,865

Yamaguchi Financial Group

   37,000     344

Yamaha

   1,100     13

Yamaha Motor

   38,200     483

Yamato Kogyo

   36,300     1,187

Yamato Transport

   127,000     1,769

Yamazaki Baking

   15,000     179

Yaskawa Electric

   82,000     683

Yodogawa Steel Works

   12,000     49

Yokogawa Electric

   36,300     321

Yokohama Reito

   6,000     39

Yonekyu

   3,000     26

Yurtec

   8,000     43
       
      368,562
       

Jersey — 0.0%

    

Randgold Resources

   3,716     296
       

 

Description

   Shares   Market Value
($ Thousands)

Macau — 0.0%

    

Sands China*

   40,000   $ 49
       

Malta — 0.0%

    

BGP Holdings*

   198,683     —  
       

Mauritius — 0.1%

    

Golden Agri-Resources

   3,195,623     1,152
       

Mexico — 0.0%

    

America Movil, Ser L

   124,000     292
       

Netherlands — 5.0%

    

Accell Group

   1,107     46

Aegon

   111,105     712

Akzo Nobel

   109,919     7,295

ArcelorMittal

   59,869     2,739

ASML Holding

   75,951     2,595

Boskalis Westminster

   4,175     161

Corio(B)

   6,873     469

CSM

   35,894     944

European Aeronautic Defence and Space

   226,027     4,547

Fugro

   6,644     382

Heineken

   40,713     1,934

Heineken Holding

   8,448     354

Imtech

   15,400     415

ING Groep

   297,698     2,869

James Hardie Industries

   54,869     418

Koninklijke Ahold

   166,428     2,207

Koninklijke DSM(A)

   105,546     5,190

Koninklijke KPN

   387,751     6,596

Koninklijke Philips Electronics

   262,991     7,780

Koninklijke Vopak*

   23,651     1,876

Ordina

   25,441     183

QIAGEN*

   4,504     102

Randstad Holding

   19,000     946

Royal Dutch Shell, Cl B

   373,504     10,875

Royal Dutch Shell, Cl A

   683,873     20,645

SBM Offshore

   157,646     3,096

TNT

   112,620     3,463

Unilever

   464,235     15,122
       
      103,961
       

New Zealand — 0.1%

    

Air New Zealand

   110,300     97

Fletcher Building

   125,685     727

Telecom of New Zealand

   947,775     1,706
       
      2,530
       

Norway — 1.0%

    

Aker Solutions

   177,200     2,308

DnB

   543,706     5,883

Marine Harvest*

   1,512,000     1,099

Norsk Hydro

   9,400     79

Seadrill

   91,700     2,338

Statoil

   140,362     3,508

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    8

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

December 31, 2009

 

Description

   Shares   Market Value
($ Thousands)

Telenor

   377,800   $ 5,290
       
      20,505
       

Papua New Guinea — 0.0%

    

Lihir Gold

   169,900     496
       

Portugal — 0.4%

    

Banco Comercial Portugues (A)

   788,201     951

Banco Espirito Santo(A)

   248,906     1,623

Brisa Auto-Estradas de Portugal

   24,829     255

Cimpor Cimentos de Portugal(A)

   27,506     253

Energias de Portugal

   409,398     1,824

Jeronimo Martins SGPS

   148,752     1,489

Portugal Telecom SGPS

   202,828     2,477
       
      8,872
       

Russia — 0.3%

    

OAO Gazprom ADR

   153,796     3,922

Surgutneftegaz ADR

   8,414     74

Vimpel-Communications ADR

   152,500     2,835
       
      6,831
       

Singapore — 1.7%

    

CapitaCommercial Trust(B)

   929,000     770

CapitaLand

   64,000     190

CapitaMall Trust(B)

   554,000     708

CapitaMalls Asia*

   29,400     53

Chemoil Energy

   80,000     31

City Developments

   25,000     205

DBS Group Holdings

   775,000     8,430

Fraser and Neave

   231,000     687

GuocoLeisure

   296,000     147

Hong Leong Asia

   27,000     55

Jardine Cycle & Carriage

   77,000     1,471

Keppel

   63,000     367

NatSteel

   2,000     2

Olam International(A)

   1,450,954     2,728

Oversea-Chinese Banking

   828,000     5,335

SembCorp Industries

   263,000     688

SembCorp Marine

   46,000     120

SIA Engineering

   121,000     287

Singapore Airlines

   36,000     381

Singapore Airport Terminal Services

   117,000     227

Singapore Exchange

   127,000     748

Singapore Press Holdings

   115,000     300

Singapore Technologies Engineering

   25,000     58

Singapore Telecommunications

   667,000     1,470

United Industrial

   55,000     82

United Overseas Bank

   53,000     738

UOB-Kay Hian Holdings

   77,000     83

UOL Group

   104,000     300

Venture

   9,000     56

Wilmar International

   1,550,000     7,052

Wing Tai Holdings

   51,000     66

Yangzijiang Shipbuilding Holdings(A)

   1,827,000     1,561
       
      35,396
       

 

Description

   Shares   Market Value
($ Thousands)

South Africa — 0.1%

    

Impala Platinum Holdings

   66,492   $ 1,822
       

South Korea — 0.2%

    

Samsung Electronics

   6,510     4,464
       

Spain — 3.7%

    

Abengoa(A)

   2,447     79

Abertis Infraestructuras(A)

   30,462     689

Acerinox(A)

   25,922     542

ACS Actividades de Construccion yServicios(A)

   7,272     364

Banco Bilbao Vizcaya Argentaria(A)

   794,674     14,495

Banco de Sabadell(A)

   10,154     56

Banco Pastor

   6,689     47

Banco Popular Espanol(A)

   24,153     178

Banco Santander Central Hispano(A)

   1,499,330     24,797

Bankinter(A)

   101,863     1,050

Construcciones y Auxiliar de Ferrocarriles

   627     338

Criteria Caixacorp(A)

   35,444     168

EDP Renovaveis*

   21,443     204

Enagas(A)

   21,489     477

Ferrovial(A)

   29,392     347

Financiera Alba(A)

   5,107     267

Fomento de Construcciones y Contratas(A)

   10,909     463

Gas Natural(A)

   101,490     2,189

Gestevision Telecinco

   8,176     119

Iberdrola(A)

   110,555     1,060

Inditex(A)

   12,324     770

Mapfre(A)

   225,676     949

Obrascon Huarte Lain(A)

   9,434     254

Red Electrica(A)

   47,293     2,641

Repsol(A)

   197,557     5,306

Sacyr Vallehermoso(A)

   21,813     251

Telefonica

   668,462     18,725

Zardoya Otis(A)

   5,738     112
       
      76,937
       

Sweden — 1.6%

    

Alliance Oil*

   21,359     304

Assa Abloy, Cl B

   30,917     597

Atlas Copco, Cl A

   28,341     418

Atlas Copco, Cl B

   5,795     76

Boliden

   54,000     693

Electrolux, Ser B

   269,560     6,347

Eniro

   21,837     108

Getinge, Cl B

   17,110     328

Hennes & Mauritz, Cl B

   27,664     1,537

Husqvarna, Cl B

   6,581     48

Investor AB, Cl B

   4,700     87

Lundin Petroleum*

   55,259     437

Nordea Bank

   318,031     3,229

Skandinaviska Enskilda Banken, Cl A

   6,687     41

Skanska, Cl B

   32,545     553

 

 

9   

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Shares   Market Value
($ Thousands)

SKF, Cl B

   23,154   $ 400

Svenska Cellulosa, Cl B

   472,539     6,313

Svenska Cellulosa, Cl A

   8,393     112

Svenska Handelsbanken, Cl A

   47,554     1,358

Swedbank

   97,420     961

Swedish Match

   47,546     1,042

Tele2, Cl B

   17,528     270

Telefonaktiebolaget LM Ericsson, Cl B

   504,838     4,657

TeliaSonera

   352,107     2,550

Trelleborg, Cl B

   55,899     416

Volvo, Cl B

   10,174     87

Volvo, Cl A

   6,100     52
       
      33,021
       

Switzerland — 8.1%

  

ABB

   314,682     6,068

ACE

   21,600     1,089

Actelion*

   17,327     926

Adecco

   33,208     1,833

Advanced Digital Broadcast
Holdings*

   480     24

Aryzta

   2,665     99

Baloise Holding

   25,479     2,117

Banque Cantonale Vaudoise

   1,647     653

Clariant

   54,000     639

Compagnie Financiere Richemont

   57,675     1,941

Credit Suisse Group

   363,953     18,043

Elektrizitaets-Gesellschaft
Laufenburg

   56     50

Ferrexpo

   4,861     16

Geberit

   5,465     970

Helvetia Holding

   1,890     586

Holcim*

   106,602     8,290

Julius Baer Group

   144,757     4,991

Kuehne + Nagel International

   11,671     1,136

Lindt & Spruengli

   423     1,021

Nestle

   639,374     31,052

Nobel Biocare Holding

   14,589     489

Novartis

   446,856     24,419

Pargesa Holding

   2,369     206

PSP Swiss Property

   2,439     138

Roche Holding

   101,425     17,357

Schindler Holding

   6,412     487

SGS

   20     26

Sonova Holding

   9,118     1,105

STMicroelectronics

   37,570     347

Straumann Holding

   1,089     306

Sulzer

   2,629     206

Swatch Group

   47,025     4,773

Swiss Life Holding

   11,735     1,494

Swiss Reinsurance

   27,331     1,310

Swisscom

   13,693     5,233

Syngenta

   6,739     1,904

UBS

   324,201     5,052

Valora Holding

   365     90

Vontobel Holding

   7,207     205

Xstrata

   692,441     12,348

Zurich Financial Services

   44,812     9,804
       
      168,843
       

 

Description

   Shares   Market Value
($ Thousands)

Taiwan — 0.7%

    

Chunghwa Telecom

   1,592,031   $ 2,969

MediaTek

   156,000     2,711

Taishin Financial Holding

   3,288,000     1,289

Taiwan Semiconductor Manufacturing ADR

   231,200     2,645

Taiwan Semiconductor Manufacturing

   974,954     1,965

United Microelectronics ADR*

   814,400     3,160
       
      14,739
       

Turkey — 0.2%

  

Turkcell Iletisim Hizmet

   325,004     2,296

Turkiye Garanti Bankasi

   657,550     2,789
       
      5,085
       

United Kingdom — 16.1%

  

3i Group*

   142,930     647

Admiral Group

   11,859     227

Aegis Group

   228,480     441

AMEC

   192,207     2,448

Amlin

   109,960     635

Anglo American

   238,542     10,328

Antofagasta

   150,502     2,394

Arriva

   22,460     179

Associated British Foods

   82,108     1,088

AstraZeneca

   566,858     26,635

Autonomy*

   63,754     1,548

Aviva

   641,468     4,080

Babcock International Group

   78,812     756

Balfour Beatty

   133,231     554

Barclays

   2,414,218     10,636

Berkeley Group Holdings*

   28,652     378

BG Group

   337,148     6,086

BHP Billiton

   503,451     16,047

BP

   3,868,324     37,345

Brit Insurance Holdings

   23,358     74

British Airways

   27,745     83

British American Tobacco

   485,170     15,747

British Sky Broadcasting Group

   35,259     318

BT Group, Cl A

   1,129,151     2,459

Bunzl

   11,029     120

Burberry Group

   69,541     668

Cadbury

   100,288     1,289

Cape*

   63,684     232

Carnival*

   26,325     897

Catlin Group

   146,296     801

Centrica

   1,102,000     4,990

Charter International

   71,924     833

Cobham

   31,151     126

Colt Telecom Group*

   39,726     84

Compass Group

   23,020     165

Computacenter

   11,100     45

Davis Service Group

   44,500     285

Devro

   35,193     75

Diageo

   113,693     1,983

Dimension Data Holdings

   227,707     274

DS Smith

   83,389     170

easyJet*

   504,528     2,861

Eurasian Natural Resources

   101,242     1,483

Firstgroup

   145,533     995

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    10

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

December 31, 2009

 

Description

   Shares   Market Value
($ Thousands)

Fresnillo

   114,493   $ 1,454

GlaxoSmithKline

   757,051     16,051

Group 4 Securicor

   22,885     96

Hammerson(B)

   20,228     138

Hamworthy

   16,122     69

Healthcare Locums

   40,124     179

Home Retail Group

   562,556     2,551

HSBC Holdings

   2,136,159     24,365

ICAP

   286,818     1,978

Imperial Tobacco Group

   232,004     7,318

Inchcape

   3,639,184     1,735

Inmarsat

   8,422     94

Intercontinental Hotels Group

   36,649     526

International Power

   629,183     3,134

Invensys

   273,105     1,314

Investec

   221,296     1,512

ITV

   671,305     566

J Sainsbury

   242,099     1,262

Johnson Matthey

   892     22

Kazakhmys

   152,741     3,233

Kingfisher

   1,031,086     3,795

Land Securities Group(B)

   9,752     107

Legal & General Group

   4,228,524     5,439

Lloyds Banking Group

   37,904     30

Logica

   350,028     640

London Stock Exchange Group

   39,783     459

Man Group

   22,462     111

Marks & Spencer Group

   258,303     1,669

Meggitt

   80,687     338

Millennium & Copthorne Hotels

   60,027     358

Mondi

   2,310     12

National Grid

   342,781     3,741

Next

   87,839     2,936

Old Mutual

   2,409,476     4,219

Pearson

   66,109     948

Persimmon

   334,667     2,530

Petrofac

   139,873     2,341

Petropavlovsk

   8,195     134

Prudential

   332,766     3,406

QinetiQ

   97,731     255

Reckitt Benckiser Group

   131,285     7,105

Rexam

   584,066     2,730

Rio Tinto

   207,969     11,227

Rolls-Royce Group

   633,651     4,933

Royal & Sun Alliance Insurance Group

   292,041     567

Royal Bank of Scotland Group

   155,175     72

SABMiller

   124,179     3,649

Sage Group

   655,383     2,320

Schroders

   44,198     944

Scottish & Southern Energy

   18,091     339

Segro(B)

   15,993     89

Serco Group

   69,786     595

Shire

   114,405     2,235

Smith & Nephew

   10,701     110

Smiths Group

   6,635     108

Standard Chartered

   421,703     10,644

Standard Life

   102,587     356

Taylor Woodrow

   1,036,137     649

Tesco

   617,978     4,262

Thomas Cook Group

   130,732     483

Tomkins

   273,745     850

Description

   Shares/Face
Amount (1)
($ Thousands)		   Market Value
($ Thousands)

Travis Perkins

   107,117   $ 1,467

Tullett Prebon

   103,954     465

Tullow Oil

   50,750     1,065

Unilever

   36,904     1,183

Vedanta Resources

   18,411     770

Vodafone Group

   4,571,475     10,584

Whitbread

   20,676     469

WM Morrison Supermarkets

   381,018     1,700

WPP

   451,157     4,411
       
      336,955
       

United States — 0.4%

    

A Schulman

   903     18

Advance America Cash Advance Centers

   8,600     48

Air Transport Services Group*

   17,100     45

Bank of Hawaii

   4,500     212

Capital One Financial

   38,100     1,461

Clearwater Paper*

   5,500     302

Computer Sciences*

   22,700     1,306

ConocoPhillips

   22,200     1,134

EW Scripps, Cl A*

   20,000     139

Glatfelter

   13,400     163

Hawkins

   100     2

HSN*

   7,500     151

International Business Machines

   6,600     864

KMG Chemicals

   3,300     49

M&F Worldwide*

   2,300     91

Media General, Cl A

   5,200     41

Minerals Technologies

   800     44

PS Business Parks(B)

   17,444     873

Synthes

   7,833     1,027

Transatlantic Holdings

   6,900     360
       
      8,330
       

Total Common Stock
(Cost $1,637,476) ($ Thousands)

     1,874,511
       

MORTGAGE-BACKED SECURITIES — 2.3%

Agency Mortgage-Backed Obligations — 0.8%

FHLMC ARM

  

5.830%, 03/01/36 (C)

   971     1,006

5.262%, 10/01/35 (C)

   797     832

4.785%, 06/01/35 (C)

   870     894

FHLMC CMO, Ser 3335, Cl BF

  

0.383%, 07/15/19 (C)

   402     397

FHLMC CMO, Ser 3346, Cl FA

  

0.463%, 02/15/19 (C)

   1,157     1,158

FNMA

    

6.000%, 07/01/37

   788     836

FNMA ARM

    

5.121%, 10/01/35 (C)

   1,262     1,321

4.505%, 05/01/35 (C)

   911     946

3.826%, 10/01/33 (C)

   207     214

3.225%, 08/01/34 (C)

   903     927

3.064%, 04/01/34 (C)

   421     428

2.876%, 05/01/35 (C)

   546     562
       
      9,521
       

Non-Agency Mortgage-Backed Obligations — 1.5%

Adjustable Rate Mortgage Trust, Ser 2005-5, Cl 1A1

3.382%, 09/25/35 (C)

   1,078     788

 

 

11    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Face Amount (1)
($ Thousands)		   Market Value
($ Thousands)

American Home Mortgage Investment Trust,
Ser 2004-3, Cl 3A

    

2.754%, 10/25/34 (C)

   $ 990   $ 655

Banc of America Commercial Mortgage, Ser 2005-4, Cl A2

    

4.764%, 07/10/45

     710     711

Banc of America Commercial Mortgage,
Ser 2006-5, Cl A1

    

5.185%, 09/10/47

     517     525

Banc of America Funding,
Ser 2004-5, Cl 1A19

    

5.250%, 12/20/34

     1,065     1,059

Banc of America Funding,
Ser 2005-2, Cl 1A2

    

5.500%, 04/25/35

     806     782

Banc of America Funding,
Ser 2006-A, Cl 2A2

    

3.990%, 02/20/36 (C)

     354     80

Banc of America Mortgage Securities,
Ser 2003-9, Cl 1A12

    

0.681%, 12/25/33 (C)

     432     414

BCAP Trust,
Ser 2006-RR1, Cl PA

    

5.000%, 11/25/36

     856     857

Bear Stearns Adjustable Rate Mortgage Trust,
Ser 2004-7, Cl 1A1

    

3.908%, 10/25/34 (C)

     422     321

Chase Mortgage Finance,
Ser 2007-A1, Cl 7A1

    

4.593%, 02/25/37 (C)

     731     663

Countrywide Home Loan Mortgage Pass Through Trust,
Ser 2003-24, Cl A2

    

4.500%, 07/25/33

     593     585

Countrywide Home Loan Mortgage Pass Through Trust,
Ser 2004-5, Cl 2A14

    

5.000%, 05/25/34

     175     167

Countrywide Home Loan Mortgage Pass-Through Trust,
Ser 2003-13, Cl 2A17

    

5.750%, 08/25/34

     370     369

Countrywide Home Loan Mortgage Pass-Through Trust,
Ser 2003-34, Cl A3

    

5.000%, 09/25/33

     393     393

Countrywide Home Loan Mortgage Pass-Through Trust,
Ser 2004-22, Cl A1

    

3.510%, 11/25/34 (C)

     1,267     1,019

Credit Suisse First Boston Mortgage Securities,
Ser 2001-CF2, Cl A4

    

6.505%, 02/15/34

     646     666

Credit Suisse First Boston Mortgage Securities,
Ser 2003-C3, Cl A3

    

3.382%, 05/15/38

     46     46

Description

   Face Amount (1)
($ Thousands)		   Market Value
($ Thousands)

Credit Suisse First Boston Mortgage Securities,
Ser 2005-C1, Cl A2

    

4.609%, 02/15/38

   $ 395   $ 396

Credit Suisse First Boston Mortgage Securities,
Ser 2005-C3, Cl A2

    

4.512%, 07/15/37

     981     981

Credit Suisse First Boston Mortgage Securities,
Ser 2005-C4, Cl A2

    

5.017%, 08/15/38

     685     688

Deutsche Alternative Securities Mortgage Loan Trust,
Ser 2006-AB3, Cl A1

    

6.250%, 07/25/36 (C)

     1,326     969

DLJ Commercial Mortgage,
Ser 2000-CF1, Cl A1B

    

7.620%, 06/10/33

     168     169

DLJ Commercial Mortgage,
Ser 2000-CKP1, Cl A1B

    

7.180%, 11/10/33

     899     916

First Horizon Alternative Mortgage Trust,
Ser 2005-AA3, Cl 3A1

    

5.365%, 05/25/35 (C)

     704     573

First Horizon Mortgage Pass-Through Trust,
Ser 2003-9, Cl 1A3

    

5.500%, 11/25/33

     1,195     1,183

First Horizon Mortgage Pass-Through Trust,
Ser 2006-AR3, Cl 1A1

    

5.642%, 11/25/36 (C)

     1,908     1,454

First Union National Bank Commercial Mortgage,
Ser 2000-C1, Cl A2

    

7.841%, 05/17/32

     51     51

GMAC Commercial Mortgage Securities,
Ser 2004-C2, Cl A2

    

4.760%, 08/10/38

     544     554

GMAC Mortgage Loan Trust,
Ser 2004-J1, Cl A2

    

5.250%, 04/25/34

     882     878

GMAC Mortgage Loan Trust,
Ser 2004-J4, Cl A1

    

5.500%, 09/25/34

     516     509

Indymac Mortgage Loan Trust,
Ser 2004-AR6, Cl 1A

    

3.616%, 10/25/34 (C)

     214     138

JP Morgan Commercial Mortgage Finance,
Ser 2000-C10, Cl A2

    

7.371%, 08/15/32 (C)

     192     192

JP Morgan Mortgage Trust,
Ser 2004-A5, Cl 4A2

    

4.826%, 12/25/34 (C)

     384     380

LB-UBS Commercial Mortgage Trust,
Ser 2000-C4, Cl A2

    

7.370%, 08/15/26

     168     171

LB-UBS Commercial Mortgage Trust,
Ser 2000-C5, Cl A2

    

6.510%, 12/15/26

     607     622

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    12

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

December 31, 2009

 

Description

    Face
Amount (1)
($ Thousands)		    Market Value
($ Thousands)

LB-UBS Commercial Mortgage Trust,
Ser 2001-WM, Cl A2

      

6.530%, 07/14/16 (D)

    $ 620    $ 653

LB-UBS Commercial Mortgage Trust,
Ser 2003-C7, Cl A2

      

4.064%, 09/15/27 (C)

      541      544

Master Adjustable Rate Mortgages,
Ser 2005-2, Cl 3A1

      

4.020%, 03/25/35 (C)

      1,316      757

Master Alternative Loans Trust,
Ser 2003-6, Cl 3A2

      

5.750%, 09/25/33

      555      552

Merrill Lynch Mortgage Investors,
Ser 2005-A4, Cl 1A

      

3.971%, 07/25/35 (C)

      294      181

MLCC Mortgage Investors,
Ser 2006-1, Cl 1A1

      

3.914%, 02/25/36 (C)

      2,907      2,118

Morgan Stanley Capital I,
Ser 2005-HQ5, Cl A2

      

4.809%, 01/14/42

      139      139

Nomura Asset Acceptance,
Ser 2004-R1, Cl A1

      

6.500%, 03/25/34 (D)

      1,112      1,069

Nomura Asset Acceptance,
Ser 2004-R2, Cl A1

      

6.500%, 10/25/34 (C)(D)

      1,148      1,068

PNC Mortgage Acceptance,
Ser 2000-C2, Cl A2

      

7.300%, 10/12/33

      579      592

PNC Mortgage Acceptance,
Ser 2001-C1, Cl A2

      

7.610%, 03/15/33

      162      162

Residential Asset Securitization Trust,
Ser 2003-A, Cl A2

      

0.731%, 03/25/33 (C)

      311      282

Residential Asset Securitization Trust,
Ser 2004-IP2, Cl 3A1

      

3.206%, 12/25/34 (C)

      3,014      2,376

Residential Funding Mortgage Securities I,
Ser 2004-S2, Cl A4

      

5.500%, 03/25/34

      1,298      1,302

Residential Funding Mortgage Securities I,
Ser 2006-S5, Cl A11

      

6.000%, 06/25/36

      501      495

Thornburg Mortgage Securities Trust,
Ser 2006-5, Cl A1

      

0.351%, 09/25/46 (C)

      2,156      2,114

Wachovia Bank Commercial Mortgage Trust,
Ser 2005-C17, Cl A2

      

4.782%, 03/15/42

      700      699

WaMu Mortgage Pass-Through Certificates,
Ser 2003-S4, Cl 2A5

      

4.500%, 06/25/33

      478      478

WaMu Mortgage Pass-Through Certificates,
Ser 2004-AR9, Cl A6

      

2.954%, 08/25/34 (C)

      161      158

Description

    Face
Amount (1)
($ Thousands)		    Market Value
($ Thousands)

WaMu Mortgage Pass-Through Certificates,
Ser 2004-S2, Cl 2A1

      

5.500%, 06/25/34

    $ 658    $ 655

Wells Fargo Mortgage Backed Securities Trust,
Ser 2004-6, Cl A13

      

0.681%, 06/25/34 (C)

      458      440

Wells Fargo Mortgage Backed Securities Trust,
Ser 2004-I, Cl B1

      

3.668%, 07/25/34 (C)

      126      44

Wells Fargo Mortgage Backed Securities Trust,
Ser 2004-N, Cl A5

      

3.219%, 08/25/34 (C)

      87      87
         
        37,889
         

Total Mortgage-Backed Securities
(Cost $52,037) ($ Thousands)

         47,410
         

ASSET-BACKED SECURITIES — 1.7%

Automotive — 0.4%

      

Americredit Prime Automobile Receivable,
Ser 2009-1, Cl A2

      

1.400%, 11/15/12

      225      225

Bank of America Auto Trust,
Ser 2009-2A, Cl A3

      

2.130%, 09/15/13 (D)

      1,150      1,161

BMW Floorplan Master Owner Trust,
Ser 2009-1A, Cl A

      

1.389%, 09/15/14 (C)(D)

      285      285

BMW Vehicle Lease Trust,
Ser 2009-1, Cl A2

      

2.040%, 04/15/11

      1,035      1,041

CitiFinancial Auto Issuance Trust,
Ser 2008-1, Cl A2

      

1.830%, 11/15/12 (D)

      670      670

Honda Auto Receivables Owner Trust,
Ser 2008-1, Cl A3

      

4.470%, 01/18/12

      518      528

Honda Auto Receivables Owner Trust,
Ser 2009-2, Cl A2

      

2.220%, 08/15/11

      1,035      1,042

Honda Auto Receivables Owner Trust,
Ser 2009-3, Cl A3

      

2.310%, 05/15/13

      685      694

Mercedes-Benz Auto Receivables Trust,
Ser 2009-1, Cl A3

      

1.670%, 01/15/14

      240      240

Nissan Auto Lease Trust,
Ser 2009-A, Cl A2

      

2.010%, 04/15/11

      760      765

USAA Auto Owner Trust,
Ser 2009-1, Cl A2

      

2.640%, 08/15/11

      1,100      1,106

Volkswagen Auto Lease Trust,
Ser 2009-A, Cl A2

      

2.870%, 07/15/11

      963      972
         
        8,729
         

 

 

13    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

    Face
Amount (1)
($ Thousands)		    Market Value
($ Thousands)

Credit Card — 0.9%

American Express Credit Account Master Trust, Ser 2007-7, Cl A

      

0.273%, 02/17/15 (C)

    $ 1,170    $ 1,153

American Express Credit Account Master Trust, Ser 2009-1, Cl A

      

1.583%, 12/15/14 (C)

      3,295      3,358

Bank of America Credit Card Trust, Ser 2006-A6, Cl A6

      

0.263%, 11/15/13 (C)

      620      612

Capital One Multi-Asset Execution Trust, Ser 2008-A5, Cl A5

      

4.850%, 02/18/14

      1,075      1,122

Capital One Multi-Asset Execution Trust, Ser 2009-A1, Cl A1

      

1.333%, 04/15/13 (C)

      600      601

Chase Issuance Trust, Ser 2007-A10, Cl A10

      

0.273%, 06/16/14 (C)

      875      863

Chase Issuance Trust, Ser 2009-A4, Cl A4

      

0.983%, 06/15/12 (C)

      1,100      1,103

Chase Issuance Trust, Ser 2009-A6, Cl A6

      

1.083%, 07/16/12 (C)

      1,550      1,555

Citibank Credit Card Issuance Trust, Ser 2004-A7, Cl A7

      

0.352%, 11/25/13 (C)

      1,430      1,414

Citibank Credit Card Issuance Trust, Ser 2005-A7, Cl A7

      

4.750%, 10/22/12

      295      304

Citibank Credit Card Issuance Trust, Ser 2007-A7, Cl A7

      

0.583%, 08/20/14 (C)

      860      851

Citibank Credit Card Issuance Trust, Ser 2009-A1, Cl A1

      

1.983%, 03/17/14 (C)

      645      658

MBNA Credit Card Master Note Trust, Ser 2003-A4, Cl A4

      

0.453%, 09/17/12 (C)

      1,760      1,758

MBNA Credit Card Master Note Trust, Ser 2003-A8, Cl A8

      

0.423%, 12/17/12 (C)

      2,150      2,143
         
        17,495
         

Mortgage Related — 0.4%

ACE Securities, Ser 2003-NC1, Cl M1

      

1.401%, 07/25/33 (C)

      2,100      1,346

Ameriquest Mortgage Securities, Ser 2005-R9, Cl AF3

      

5.098%, 11/25/35

      422      417

Bayview Financial Acquisition Trust, Ser 2007-A, Cl 1A1

      

6.129%, 05/28/37

      212      215

Citicorp Residential Mortgage Securities, Ser 2006-2, Cl A4

      

5.775%, 09/25/36

      1,245      1,163

CNH Equipment Trust, Ser 2009-A, Cl A2

      

4.060%, 10/17/11

      384      387

 

Description

    Face
Amount (1)
($ Thousands)/Shares		    Market Value
($ Thousands)

CNH Equipment Trust, Ser 2009-B, Cl A2

      

2.400%, 05/16/11

    $ 17    $ 17

Credit Suisse First Boston Mortgage Securities,
Ser 2005-FIX1, Cl A2

      

4.310%, 05/25/35

      182      180

GSAMP Trust,
Ser 2005-HE3, Cl M1

      

0.701%, 06/25/35 (C)

      424      420

Master Asset Backed Securities Trust,
Ser 2003-WMC2, Cl M1

      

1.281%, 08/25/33 (C)

      288      259

Merrill Lynch First Franklin Mortgage Loan Trust,
Ser 2007-5, Cl 2A1

      

0.931%, 10/25/37 (C)

      619      596

Merrill Lynch Mortgage Investors,
Ser 2003-HE1, Cl M2

      

1.881%, 07/25/34 (C)

      129      31

Morgan Stanley Capital I, Ser 2003-NC8, Cl M1

      

1.281%, 09/25/33 (C)

      1,587      1,171

RAAC Series,
Ser 2005-RP2, Cl A

      

0.581%, 06/25/35 (C)(D)

      271      255

Residential Asset Mortgage Products,
Ser 2003-RS11, Cl Mll1

      

1.326%, 12/25/33 (C)

      188      109

Resmae Mortgage Loan Trust,
Ser 2006-1, Cl A2B

      

0.381%, 02/25/36 (C)(D)

      3,484      1,756

Terwin Mortgage Trust, Ser 2006-2, Cl 2A1

      

4.500%, 06/25/36

      723      72
         
        8,394
         

Total Asset-Backed Securities
(Cost $38,127) ($ Thousands)

      34,618
         

PREFERRED STOCK — 0.8%

Brazil — 0.5%

Banco Bradesco

      184,300      3,846

Cia de Saneamento Basico do Estado de Sao Paulo ADR

      41,000      1,604

Petroleo Brasileiro

      210,900      4,439
         
        9,889
         

Germany — 0.3%

Bayerische Motoren Werke

      13,071      433

Draegerwerk

      2,624      114

Henkel

      63,107      3,317

Jungheinrich

      2,620      50

Porsche

      7,594      471

ProSiebenSat.1 Media

      51,125      592

RWE

      8,644      770

Volkswagen

      12,960      1,223
         
        6,970
         

Total Preferred Stock
(Cost $15,039) ($ Thousands)

      16,859
         

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    14

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

December 31, 2009

 

Description

   Face
Amount (1)
($ Thousands)		   Market Value
($ Thousands)

CORPORATE OBLIGATION — 0.0%

United States — 0.0%

Shinsei Finance Cayman

    

6.418%, 01/29/49(C)(D)

   $ 1,740   $ 1,013
       

Total Corporate Obligation
(Cost $1,740) ($ Thousands)

     1,013
       
    Number Of
Warrants		    

WARRANTS — 0.0%

Singapore — 0.0%

    

Golden Agri-Resources, Expires 05/29/12 *

     172,793     41
       

Italy — 0.0%

    

Mediobanca, Expires 2011*

     70,129     11
       

France — 0.0%

    

Fonciere Des Regions, Expires 2010 *

     7,336     6
       

Total Warrants
(Cost $0) ($ Thousands)

       58
       
    Number Of
Rights		    

RIGHTS — 0.0%

Australia — 0.0%

    

Woodside Petroleum, Expires 02/01/10*

     1     4
       

Belgium — 0.0%

    

Fortis, Expires 07/01/14*

     423     —  
       

Total Rights
(Cost $0) ($ Thousands)

       4
       

U.S. TREASURY OBLIGATIONS (E) — 0.4%

U.S. Treasury Bills

    

0.150%, 06/17/10

     650     649

0.135%, 06/03/10

     5,363     5,359

0.010%, 02/25/10

     2,000     2,000
       

Total U.S. Treasury Obligations
(Cost $8,009) ($ Thousands)

     8,008
       

 

Description

   Shares   Market Value
($ Thousands)

AFFILIATED PARTNERSHIP — 6.0%

United States — 6.0%

    

SEI Liquidity Fund, L.P.,

    

0.300%†**(F)

   127,514,288   $ 125,323
       

Total Affiliated Partnership
(Cost $127,514) ($ Thousands)

       125,323
       

CASH EQUIVALENT — 3.1%

    

SEI Daily Income Trust, Prime Obligation Fund, Cl A

    

0.100%, †**

   64,378     64,378
       

Total Cash Equivalent
(Cost $64,378) ($ Thousands)

       64,378
       

Total Investments — 104.1%
(Cost $1,944,320) ($ Thousands)§

     $ 2,172,182
       

A summary of the outstanding forward foreign currency contracts held by the Fund at December 31, 2009, is as follows:

 

Settlement
Date

    Currency to Deliver
(Thousands)		    Currency to Receive
(Thousands)		    Unrealized
Depreciation
($ Thousands)		  

1/25/10

    AUD  8,195    USD  7,344    $ (8 ) 

1/25/10

    USD 7,528    AUD 8,195      (176 ) 
              
         $ (184 ) 
              

A summary of the open futures contracts held by the Fund at December 31, 2009, is as follows:

 

Type of Contract

   Number of
Contracts
Long (Short)		   Expiration
Date		   Unrealized
Appreciation
($ Thousands)

DJ Euro Stoxx 50 Index

   722   Mar-2010   $ 892

FTSE 100 Index

   222   Mar-2010     368

Hang Seng Index

   12   Jan-2010     64

MSCI EAFE Index E-MINI

   119   Mar-2010     65

Nikkei 225 Index

   39   Mar-2010     71

SPI 200 Index

   70   Mar-2010     329

Topix Index

   171   Mar-2010     224
         
      $ 2,013
         

For the period ended December 31, 2009, the total amount of all open futures contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.


 

 

15    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

A summary of outstanding swap agreements held by the Fund at December 31, 2009, is as follows:

 

Total Return Swap

Counterparty

    Reference Entity/Obligation    Buy/Sell Protection    (Pays)/
Receives
Rate		    Termination
Date		    Notional Amount
(Thousands)		    Net Unrealized
Appreciation
($Thousands)

Morgan Stanley

    MSCI DAILY TR NET EAFE USD

Market Index

    3 MONTH LIBOR    PRICE RETURN    01/13/10    94,841    $ 1,125
                     

The following is a summary of the inputs used as of December 31, 2009 in valuing the Fund’s investments carried at value ($ Thousands):

 

      Level 1    Level 2     Level 3    Total  

Investments in Securities

           

Common Stock

    $ 68,572    $ 1,805,939      $ —      $ 1,874,511   

Mortgage-Backed Securities

      —        47,410        —        47,410   

Asset-Backed Securities

      —        34,618        —        34,618   

Preferred Stock

      16,859      —          —        16,859   

Corporate Obligation

      —        1,013        —        1,013   

Warrants

      41      17        —        58  

Rights

      4      —          —        4   

Cash Equivalent

      64,378      —          —        64,378   

U.S. Treasury Obligations

      —        8,008        —        8,008   

Affiliated Partnership

      —        125,323        —        125,323   
                              

Total Investments in Securities

    $ 149,854    $ 2,022,328      $ —      $ 2,172,182   
                              
      Level 1    Level 2     Level 3    Total  

Other Financial Instruments*

           

Futures

    $ 2,013    $ —        $ —      $ 2,013  

Forwards

      —        (184 )     —        (184 )

Total Return Swap

      —        1,125       —        1,125  
                              

Total Other Financial Instruments

    $ 2,013    $ 941     $ —      $ 2,954  
                              

 

* Other Financial Instruments are valued at unrealized appreciation/depreciation.

Percentages are based on a Net Assets of $2,086,358 ($ Thousands).

 

* Non-income producing security
** Rate shown is the 7-day effective yield as of December 31, 2009.
(1) In U.S. Dollars unless otherwise indicated.
† Affiliated security
(A) This security or a partial position of this security is on loan at December 31, 2009. The total market value of securities on loan at December 31, 2009 was $121,291 ($ Thousands).
(B) Real Estate Investments Trust
(C) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effect as of December 31, 2009.
(D) 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.
(E) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase.
(F) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of December 31, 2009 was $125,323 ($ Thousands).
§ At December 31, 2009, the tax basis cost of the Fund’s investments was $1,944,320 ($ Thousands), and the unrealized appreciation and depreciation were $275,174 ($ Thousands) and ($47,312) ($ Thousands) respectively.

ADR — American Depositary Receipt

ARM — Adjustable Rate Mortgage

AUD — Australian Dollar

Cl — Class

CMO — Collateralized Mortgage Obligation

FHLMC — Federal Home Loan Mortgage Corporation

FNMA — Federal National Mortgage Association

GDR — Global Depositary Receipt

LIBOR — London Interbank Offered Rate

L.P. — Limited Partnership

Ser — Series

USD — U.S. Dollar

Amounts designated as “—” are $O or have been rounded to $O.

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 Holdings / December 31, 2009    16

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

December 31, 2009

 

Description

   Shares   Market Value
($ Thousands)

COMMON STOCK — 88.8%

    

Argentina — 0.4%

    

Tenaris ADR

   71,458   $ 3,048

Ternium ADR

   27,300     967
       
      4,015
       

Australia — 0.0%

    

Centamin Egypt*

   171,100     336
       

Brazil — 8.3%

    

Abyara Planejamento Imobiliario*

   32,900     86

Amil Participacoes

   157,000     1,234

Anhanguera Educacional Participacoes*

   11,000     157

Banco do Brasil

   161,654     2,754

Banco Santander Brasil ADR

   149,740     2,087

Banestes Banco do Estado do Espirito Santo

   24,800     99

BM&F BOVESPA

   67,100     472

BR Malls Participacoes*

   70,949     875

Brasil Telecom*

   15,380     243

Centrais Eletricas Brasileiras

   45,480     948

CETIP - Balcao Organizado de Ativos e Derivativos

   147,700     1,207

Cia de Saneamento Basico do Estado de Sao Paulo

   101,469     2,001

Cia de Saneamento de Minas Gerais

   60,100     1,146

Cia Energetica de Minas Gerais ADR(A)

   62,163     1,123

Cia Siderurgica Nacional ADR

   13,844     442

Cielo

   115,876     1,020

Dufry South America

   61,000     1,260

EDP - Energias do Brasil

   99,302     1,911

Empresa Brasileira de Aeronautica

   179,500     979

Empresa Brasileira de Aeronautica ADR

   30,390     672

Eternit

   26,655     132

Ez Tec Empreendimentos e Participacoes

   36,800     179

Fibria Celulose*

   28,525     640

Fibria Celulose ADR*

   12,122     277

Gerdau ADR

   99,389     1,693

Gerdau

   88,900     1,130

Gol Linhas Aereas Inteligentes ADR(A)

   18,800     289

Grendene

   316,724     1,808

Hypermarcas*

   99,850     2,291

Iguatemi Empresa de Shopping Centers

   39,400     768

Itau Unibanco Holding ADR

   194,629     4,445

Light

   52,722     786

Localiza Rent a Car

   110,012     1,219

Lojas Renner

   86,649     1,954

M Dias Branco

   2,928     71

Marfrig Alimentos

   23,450     257

Medial Saude*

   30,800     307

 

Description

   Shares   Market Value
($ Thousands)

Multiplan Empreendimentos Imobiliarios

   8,500   $ 158

OGX Petroleo e Gas Participacoes

   358,400     3,516

PDG Realty Empreendimentos e Participacoes

   114,900     1,144

Petroleo Brasileiro

   348,629     8,330

Petroleo Brasileiro ADR

   40,534     1,933

Porto Seguro

   26,600     308

Redecard

   146,925     2,444

Rodobens Negocios Imobiliarios

   85,150     878

Santos Brasil Participacoes*

   41,581     417

Sistema Educacional Brasileiro

   80,900     1,078

SLC Agricola

   81,637     763

Souza Cruz

   25,418     842

Sul America

   19,024     567

Telegraph Norte Leste Participacoes

   41,900     1,074

Telegraph Norte Leste Participacoes ADR

   94,567     2,026

Tractebel Energia

   45,970     568

Usinas Siderurgicas de Minas Gerais

   115,735     3,326

Vale

   166,400     4,725

Vale ADR, Cl B(A)

   261,580     7,594

Vivo Participacoes ADR

   2,959     92

Wilson Sons, Cl BDR, BDR

   72,405     892
       
      81,637
       

Canada — 0.1%

    

First Quantum Minerals

   10,149     777
       

Chile — 1.2%

    

Banco de Chile ADR

   15,629     842

Banco Santander Chile ADR

   14,961     969

Centros Comerciales Sudamericanos

   109,425     370

Cia Cervecerias Unidas

   205,832     1,619

Cia Cervecerias Unidas ADR

   23,094     901

CorpBanca ADR

   10,200     433

Embotelladora Andina ADR, Cl B

   32,078     654

Empresa Nacional de Telecomunicaciones

   66,648     966

Enersis ADR

   205,191     4,691

La Polar

   54,200     309

Sociedad Quimica y Minera de Chile ADR

   7,800     293
       
      12,047
       

China — 10.6%

    

AirMedia Group ADR*(A)

   95,506     717

Ajisen China Holdings

   1,139,897     974

Anhui Conch Cement(B)

   220,882     1,411

Anhui Expressway

   750,000     521

Asia Cement China Holdings

   1,535,000     913

Baidu ADR*

   700     288

Bank of China

   14,540,000     7,813

Bank of Communications(A)

   1,189,000     1,367

Baoye Group

   188,000     141

Beauty China Holdings(B)

   70,000     7

Bosideng International Holdings

   2,734,000     609

China BlueChemical

   626,000     382

 

 

1    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Shares   Market Value
($ Thousands)

China Citic Bank

   1,009,000   $ 854

China Coal Energy

   1,260,000     2,286

China Communications Construction

   50,000     48

China Communications Services

   610,000     299

China Construction Bank

   15,369,250     13,126

China Dongxiang Group

   2,186,500     1,687

China Life Insurance

   732,516     3,584

China Longyuan Power Group*

   140,000     181

China Molybdenum

   1,254,991     1,000

China Pacific Insurance Group*

   270,600     1,078

China Petroleum & Chemical

   1,314,000     1,158

China Railway Construction

   2,003,500     2,553

China Shineway Pharmaceutical Group

   51,000     95

China Shipping Development

   1,144,000     1,701

China Telecom

   2,854,000     1,180

China Zhongwang Holdings*(A)

   584,000     465

Chongqing Changan Automobile, Cl B

   759,900     768

Country Garden Holdings

   1,579,000     584

Ctrip.com International ADR*

   48,700     3,500

Dongfeng Motor Group(B)

   1,937,555     2,767

Epure International

   2,543,500     1,317

First Tractor

   46,000     30

Fosun International

   1,101,500     764

Golden Eagle Retail Group

   410,103     832

Great Wall Motor

   525,000     650

Great Wall Technology

   358,000     132

Guangzhou R&F Properties

   556,400     970

Harbin Power Equipment

   788,000     697

Huaneng Power International

   2,100,800     1,176

Huaneng Power International ADR

   10,690     239

Industrial & Commercial Bank of China(A)(B)

   14,193,000     11,688

Jiangling Motors, Cl B

   347,900     593

Longfor Properties*

   321,000     362

Lumena Resources*

   1,904,000     603

Mindray Medical International ADR(A)

   36,927     1,253

New Oriental Education & Technology Group ADR*

   8,248     624

PetroChina

   3,573,023     4,247

PetroChina ADR

   11,290     1,343

Ping An Insurance Group of China

   214,000     1,861

Qingling Motors

   206,000     50

Renhe Commercial Holdings

   11,110,000     2,513

Shanda Games ADR*

   33,800     344

Shandong Chenming Paper Holdings, Cl B

   697,900     520

Shandong Molong Petroleum Machinery

   1,061,386     161

Shanghai Mechanical and Electrical Industry, Cl B

   201,365     242

Shenzhou International Group Holdings

   369,000     480

Sichuan Expressway

   116,000     61

Sina*

   6,600     298

Sinotrans

   4,378,000     1,142

Sinotrans Shipping

   1,293,500     594

Soho China

   2,030,500     1,091

 

Description

   Shares   Market Value
($ Thousands)

Tencent Holdings

   195,200   $ 4,221

Tingyi Cayman Islands Holding

   604,000     1,494

Travelsky Technology

   96,000     97

Trina Solar ADR*

   32,500     1,754

Weichai Power

   26,000     209

Weiqiao Textile

   1,721,400     1,170

Yanzhou Coal Mining

   592,000     1,295

Zhejiang Expressway

   771,922     711

Zhuzhou CSR Times Electric

   685,000     1,398

Zijin Mining Group

   844,000     800
       
      104,083
       

Colombia — 0.1%

    

BanColombia ADR

   15,739     716
       

Czech Republic — 0.3%

    

CEZ

   32,667     1,532

Komercni Banka

   3,718     795

Philip Morris CR

   560     269
       
      2,596
       

Egypt — 0.5%

    

Al Arafa Investments and Consulting*

   24,000     16

Commercial International Bank

   121,110     1,203

Egyptian Financial Group-Hermes Holding

   220,924     1,006

El Ezz Steel

   56,162     176

National Societe Generale Bank

   12,100     65

Orascom Construction Industries GDR

   12,219     553

Orascom Telecom Holding SAE(A)

   80,000     366

Talaat Moustafa Group*

   289,000     363

Telecom Egypt

   205,500     676
       
      4,424
       

Hong Kong — 6.1%

    

Beijing Enterprises Holdings

   388,362     2,813

Belle International Holdings

   1,657,000     1,919

Chaoda Modern Agriculture(A)

   2,789,400     2,969

Cheung Kong Holdings

   26,000     334

China Mengniu Dairy

   604,000     2,147

China Mobile ADR

   48,070     2,232

China Mobile

   1,332,365     12,396

China Overseas Land & Investment

   678,800     1,422

China Pharmaceutical Group

   1,552,000     858

China Power International Development(A)

   4,175,200     1,045

China Resources Power Holdings

   481,800     954

China Unicom

   1,101,624     1,445

CNOOC(B)

   5,418,448     8,441

CNOOC ADR

   3,510     546

CNPC Hong Kong

   1,118,695     1,475

COSCO Pacific

   2,151,015     2,730

Denway Motors

   1,700,000     1,074

Digital China Holdings

   292,000     389

Geely Automobile Holdings(A)

   1,808,118     987

Global Bio-Chemical Technology Group

   3,957,500     969

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    2

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

December 31, 2009

 

Description

   Shares   Market Value
($ Thousands)

GOME Electrical Appliances Holdings

   5,125,740   $ 1,845

Great Eagle Holdings

   153,668     398

Guangdong Investment

   872,000     507

GZI Real Estate Investment Trust(C)

   706,065     267

Hengan International Group

   114,000     844

Hopewell Holdings

   128,999     416

Huabao International Holdings

   1,839,500     1,978

Industrial and Commercial Bank of China Asia

   293,000     635

NWS Holdings

   450,226     826

Samson Holding

   5,317,000     818

Shanghai Industrial Holdings

   314,985     1,597

Sino Biopharmaceutical

   120,000     38

Sinolink Worldwide Holdings

   1,524,532     289

Skyworth Digital Holdings(A)

   1,802,000     1,848

TPV Technology

   1,349,890     826
       
      60,277
       

Hungary — 0.3%

    

Egis Gyogyszergyar

   2,338     232

Magyar Telekom

   126,147     489

MOL Hungarian Oil and Gas

   19,101     1,721
       
      2,442
       

India — 7.2%

    

ACC

   26,290     492

Allahabad Bank

   235,870     633

Ambuja Cements

   240,760     538

Andhra Bank

   293,495     655

Bank

   10,693     96

Bank of Baroda

   125,937     1,386

Bank of India

   468,549     3,858

Bank of Maharashtra

   111,285     119

Bharat Electronics

   8,329     347

Bharat Heavy Electricals

   28,180     1,451

Bharat Petroleum

   78,222     1,067

Bharti Airtel

   346,260     2,447

Birla

   20,520     147

Cairn India*

   478,626     2,887

Canara Bank

   95,549     795

Container of India

   180     5

Dena Bank

   42,104     75

Federal Bank

   45,650     230

GAIL India

   332,758     2,949

Glenmark Pharmaceuticals

   202,090     1,194

Grasim Industries

   22,301     1,185

Gujarat Alkalies & Chemicals

   23,460     65

Gujarat Narmada Valley Fertilizers

   116,743     264

Gujarat State Fertilisers & Chemicals

   21,870     89

HCL Technologies

   115,942     921

Hero Honda Motors

   84,328     3,102

Hindalco Industries

   230,070     791

Hindustan Petroleum

   102,740     859

Hindustan Zinc

   53,580     1,385

Housing Development Finance

   30,723     1,758

India Cements

   1,231,922     3,254

Indian Bank

   387,636     1,448

Indian Overseas Bank

   51,626     122

 

Description

   Shares   Market Value
($ Thousands)

Industrial Development Bank of India

   315,589   $ 860

Infosys Technologies

   37,201     2,070

Jet Airways India

   35,730     422

Jindal Steel & Power

   12,294     185

Mahanagar Telephone Nigam

   507,220     799

Mahindra & Mahindra

   30,000     694

Mangalore Refinery & Petrochemicals

   439,380     734

Maruti Udyog

   12,190     407

Oil & Natural Gas

   111,225     2,806

Oriental Bank of Commerce

   157,445     841

Patni Computer Systems

   162,686     1,684

Piramal Healthcare

   35,112     279

Power Finance

   186,750     1,043

Punjab National Bank

   44,931     873

Reliance Industries

   92,680     2,166

Rolta India

   83,820     350

Sesa GOA*(D)

   105,574     926

State Bank of India GDR

   25,100     2,469

State Bank of India

   15,780     767

Steel Authority of India

   606,278     3,130

Sterlite Industries India

   71,574     1,320

Syndicate Bank

   114,759     234

Tata Chemicals

   5,106     35

Tata Consultancy Services

   295,318     4,761

Tata Power

   9,356     275

Tata Steel

   73,340     968

UCO Bank

   151,210     179

Union Bank of India

   62,547     353

Welspun-Gujarat Stahl

   134,408     777

Zee Entertainment Enterprises

   297,096     1,629
       
      70,650
       

Indonesia — 1.7%

    

Adaro Energy

   1,246,000     228

Astra International

   392,351     1,442

Bank Central Asia

   2,851,500     1,460

Bank Mandiri

   7,908,592     3,898

Bank Rakyat Indonesia

   2,108,000     1,694

Indocement Tunggal Prakarsa

   998,805     1,444

Indosat

   1,291,000     642

Kalbe Farma

   869,000     119

Semen Gresik Persero

   458,000     365

Tambang Batubara Bukit Asam

   209,000     380

Telekomunikasi Indonesia

   4,815,100     4,793

Unilever Indonesia

   254,093     295

United Tractors

   213,000     349
       
      17,109
       

Israel — 1.7%

    

Bank Hapoalim*

   151,910     661

Bezeq Israeli Telecommunication

   1,224,036     3,085

Delek Automotive Systems

   2,517     28

Delek Group

   1,038     210

Discount Investment

   11,255     263

First International Bank of Israel*

   51,020     850

Formula Systems 1985

   1,704     18

Israel Chemicals

   30,000     394

Israel Land Development

   732     3

Koor Industries

   4,800     139

Makhteshim-Agan Industries

   246,805     1,172

 

 

3    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Mizrahi Tefahot Bank*

   92,000   $ 840

Partner Communications

   38,041     771

Teva Pharmaceutical Industries ADR

   78,956     4,436

Teva Pharmaceutical Industries

   73,554     4,132

Union Bank of Israel*

   21,090     91
       
      17,093
       

Kazakhstan — 0.2%

    

KazMunaiGas Exploration Production GDR

   92,303     2,285
       

Malaysia — 1.6%

    

Berjaya Sports Toto

   174,983     222

BIMB Holdings

   36,000     13

British American Tobacco Malaysia

   48,755     609

CIMB Group Holdings

   647,200     2,422

Gamuda

   1,246,200     944

Genting Malaysia

   2,139,440     1,748

Hong Leong Bank

   368,411     873

Hong Leong Financial Group

   17,300     38

KLCC Property Holdings

   97,600     98

Lafarge Malayan Cement

   57,100     104

Malayan Banking

   1,701,567     3,398

Malaysian Bulk Carriers

   349,191     328

PPB Group

   202,000     939

Proton Holdings*

   167,000     190

Public Bank

   169,082     557

Public Bank (Foreign Market)

   87,400     287

Tenaga Nasional

   1,046,935     2,561

Titan Chemicals*

   379,000     134

Top Glove

   36,110     106

UMW Holdings

   126,841     235
       
      15,806
       

Mexico — 4.4%

    

Alfa, Cl A

   109,268     688

America Movil, Ser L

   2,271,606     5,354

America Movil ADR, Ser L

   150,306     7,061

Banco Compartamos(A)

   70,646     365

Bolsa Mexicana de Valores*(A)

   573,228     674

Cemex ADR*

   173,100     2,046

Coca-Cola Femsa ADR

   3,550     233

Coca-Cola Femsa

   107,800     712

Consorcio ARA(A)

   869,100     606

Desarrolladora Homex ADR*(A)

   41,543     1,397

Embotelladoras Arca

   616,009     2,053

Fomento Economico Mexicano ADR

   37,922     1,816

Fomento Economico Mexicano

   272,255     1,309

GEO*

   167,200     445

Gruma, Cl B*

   123,669     218

Grupo Bimbo, Ser A

   77,320     513

Grupo Carso, Ser A1(A)

   258,678     793

Grupo Casa Saba ADR

   4,500     85

Grupo Continental

   587,251     1,488

Grupo Financiero Banorte, Cl O*(A)

   767,116     2,772

Grupo Mexico, Ser B

   1,427,320     3,265

Grupo Simec, Cl B*

   150,000     417

 

Description

   Shares   Market Value
($ Thousands)

Grupo Televisa ADR

   117,175   $ 2,433

Grupo Televisa

   315,243     1,314

Industrias, Cl B*

   157,544     554

Megacable Holdings*

   10,200     22

Telefonos de Mexico ADR, Ser L

   25,047     415

Urbi Desarrollos Urbanos*

   1,605,241     3,627

Wal-Mart de Mexico, Ser V(A)

   113,600     507
       
      43,182
       

Netherlands — 0.1%

    

Plaza Centers(A)

   496,174     1,193
       

Pakistan — 0.1%

    

Oil & Gas Development

   920,472     1,207
       

Panama — 0.2%

    

Copa Holdings, Cl A

   26,400     1,438
       

Peru — 0.0%

    

Cia de Minas Buenaventura ADR

   3,300     111
       

Philippines — 0.4%

    

ABS-CBN Holdings

   131,700     83

Bank of the Philippine Islands

   437,171     451

Globe Telecom

   1,376     27

Metropolitan Bank & Trust

   257,900     250

Philippine Long Distance Telephone ADR

   20,599     1,167

Philippine Long Distance Telephone

   15,200     858

SM Investments

   48,580     343

Union Bank of Philippines

   446,600     358
       
      3,537
       

Poland — 0.8%

    

Asseco Poland

   18,998     416

Bank Pekao

   4,830     271

Ciech

   3,853     50

Cyfrowy Polsat

   121,890     578

Gant Development*

   6,000     49

Getin Holding*

   50,000     154

KGHM Polska Miedz

   50,931     1,879

Polish Oil & Gas

   102,351     135

Polski Koncern Naftowy Orlen

   142,314     1,680

Powszechna Kasa Oszczednosci Bank Polski

   72,096     952

Synthos*

   260,000     105

Telekomunikacja Polska

   212,561     1,176

Zaklady Azotowe Pulawy*

   641     17
       
      7,462
       

Russia — 6.0%

    

Evraz Group GDR

   59,903     1,661

Globaltrans Investment GDR*(A)

   192,820     1,900

Integra Group Holdings GDR*

   134,503     395

LSR Group GDR*

   37,939     345

LUKOIL ADR

   196,912     11,106

Lukoil OAO ADR

   24,431     1,384

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    4

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Magnit OAO GDR

   47,610   $ 647

MMC Norilsk Nickel ADR*

   308,336     4,375

Mobile Telesystems ADR

   60,480     2,957

Novolipetsk Steel GDR

   33,848     1,034

OAO Gazprom ADR

   722,479     18,423

Pharmstandard GDR*

   33,038     677

Rosneft Oil GDR

   662,429     5,654

Sberbank GDR(A)

   6,200     1,710

Severstal GDR

   54,223     512

Sistema GDR

   5,176     109

Surgutneftegaz ADR

   152,598     1,356

Tatneft ADR

   41,892     1,210

Uralkali GDR

   66,738     1,388

VTB Bank GDR(A)

   285,046     1,331

X5 Retail Group GDR*

   25,806     818
       
      58,992
       

Singapore — 0.1%

    

Yangzijiang Shipbuilding Holdings(A)

   1,658,102     1,417
       

South Africa — 7.0%

    

ABSA Group(A)

   146,490     2,546

African Bank Investments(A)

   353,391     1,426

African Rainbow Minerals

   10,000     235

Anglo Platinum

   9,030     966

AngloGold Ashanti ADR(A)

   31,619     1,270

AngloGold Ashanti

   32,400     1,315

ArcelorMittal South Africa

   167,365     2,324

Aspen Pharmacare Holdings(A)

   56,868     567

Assore

   1,403     133

Aveng(A)

   190,755     1,030

Barloworld(A)

   404,176     2,468

Bidvest Group

   103,096     1,801

DataTec

   45,000     164

FirstRand

   1,165,138     2,889

FOUNTAINHEAD PROPERTY TRUST

   126,801     108

Gold Fields

   207,721     2,734

Gold Fields ADR

   51,330     673

Grindrod(A)

   453,355     1,093

Group Five

   14,344     75

Harmony Gold Mining(A)

   155,431     1,581

Hyprop Investments(A)

   10,729     67

Iliad Africa

   19,373     26

Impala Platinum Holdings

   135,722     3,718

Imperial Holdings(A)

   100,399     1,201

Investec

   199,045     1,433

JD Group(A)

   110,330     735

Kumba Iron Ore(A)

   20,794     856

Medi-Clinic

   94,478     329

Merafe Resources*

   240,000     45

Metropolitan Holdings

   465,752     844

Mondi(A)

   229,298     1,302

Mr Price Group(A)

   162,312     769

MTN Group

   519,430     8,286

Murray & Roberts Holdings

   243,060     1,524

Nampak(A)

   539,842     1,102

Naspers, Cl N(A)

   50,929     2,066

Nedbank Group(A)

   110,408     1,860

Remgro(A)

   60,722     734

 

Description

   Shares   Market Value
($ Thousands)

Sanlam(A)

   772,921   $ 2,382

Sappi

   574,973     2,757

Sasol ADR

   9,070     362

Sasol

   170,237     6,837

Standard Bank Group

   210,953     2,904

Steinhoff International Holdings*

   300,000     842

Vodacom Group Pty(A)

   103,220     790

Wilson Bayly Holmes-Ovcon

   634     9

Woolworths Holdings

   59,575     144
       
      69,322
       

South Korea — 12.9%

    

CJ CheilJedang*

   896     158

Daegu Bank

   59,450     875

Daewoo Shipbuilding & Marine Engineering*

   64,270     964

Daishin Securities

   26,860     361

Dongbu Insurance

   21,523     598

GS Engineering & Construction*

   36,060     3,344

GS Holdings*

   18,010     522

GS Home Shopping*

   1,898     140

Hana Financial Group

   17,980     508

Hanwha Chemical*

   98,810     1,141

Hynix Semiconductor*

   15,800     314

Hyosung*

   13,464     985

Hyundai Department Store*

   4,125     398

Hyundai Development*

   40,030     1,296

Hyundai Engineering & Construction

   34,748     2,108

Hyundai Heavy Industries

   873     130

Hyundai Mobis*

   12,930     1,895

Hyundai Motor

   51,308     5,311

Kangwon Land*

   161,290     2,287

KB Financial Group*

   42,284     2,153

KCC

   531     169

KISWIRE*

   2,750     92

Korea Development Financing

   1,930     56

Korea Electric Power

   113,200     3,304

Korea Exchange Bank*

   66,450     825

Korea Plant Service & Engineering*

   13,254     483

Korea Zinc*

   9,254     1,616

Korean Air Lines*

   48,168     2,266

Korean Reinsurance

   89,530     756

KT ADR*

   80,800     1,359

KT*

   56,040     1,886

KT&G*

   26,056     1,441

LG*

   41,054     2,564

LG Chemical*

   20,428     4,004

LG Electronics

   63,977     6,670

LG Philips LCD

   206,870     6,994

Lotte Chilsung Beverage*

   249     180

Lotte Confectionery*

   22     25

Lotte Shopping*

   3,266     967

LS Industrial Systems*

   9,912     824

MegaStudy*

   5,492     1,129

Namyang Dairy Products*

   196     93

Nong Shim*

   43     9

OCI*

   1,801     337

POSCO

   18,935     9,986

POSCO ADR

   6,840     897

Pusan Bank*

   74,870     893

 

 

5    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Samsung Electro-Mechanics*

   2,540   $ 234

Samsung Electronics

   44,041     30,200

Samsung Fire & Marine Insurance

   14,697     2,516

SeAH Holdings*

   66     3

Shinhan Financial Group*

   224,660     8,313

Shinsegae

   7,853     3,627

SK Holdings

   8,836     674

SK Telecom

   2,825     412

SK Telecom ADR

   101,010     1,643

S-Oil

   23,454     1,089

Tong Yang Life Insurance*

   85,110     1,023

Woori Investment & Securities

   52,440     747

Youngone Holdings*

   3,508     105

Yuhan*

   8,046     1,230
       
      127,129
       

Sweden — 0.1%

    

Alliance Oil*(A)

   80,770     1,149
       

Taiwan — 11.2%

    

Ability Enterprise

   178,039     349

Acer

   1,056,371     3,170

Advanced Semiconductor Engineering

   2,371,404     2,129

Advanced Semiconductor Engineering ADR

   88,998     394

Asia Cement

   914,000     985

Asustek Computer

   1,681,931     3,240

AU Optronics ADR

   36,280     435

AU Optronics

   2,625,418     3,145

Catcher Technology

   397,000     1,104

Cathay Financial Holding

   1,508,200     2,808

Chang Hwa Commercial Bank

   725,000     344

Cheng Loong

   318,000     126

Chi Mei Optoelectronics

   683,000     482

China Bills Finance*

   461,000     132

China Metal Products

   77,000     109

China Steel

   2,224,819     2,294

Chinatrust Financial Holding

   6,844,861     4,255

Chunghwa Telecom

   1,634,777     3,049

Compal Electronics

   3,412,281     4,713

CTCI

   487,396     499

Delta Electronics

   205,000     645

Far Eastern Textile

   888,538     1,111

Far EasTone Telecommunications

   574,000     687

First Financial Holding

   2,908,192     1,803

Formosa Chemicals & Fibre

   90,000     195

Formosa Plastics

   230,165     485

Gigabyte Technology

   174,000     170

HannStar Display*

   642     —  

High Tech Computer

   253,100     2,900

Hon Hai Precision Industry

   3,044,934     14,240

KGI Securities

   767     —  

Lite-On Technology

   1,281,117     1,925

Macronix International

   62,000     35

MediaTek

   408,023     7,089

Mega Financial Holding

   1,149,000     662

Nan Ya Plastics

   5,040     9

Nan Ya Printed Circuit Board

   377,967     1,445

Novatek Microelectronics

   227,860     761

Pou Chen

   887,200     704

 

Description

   Shares   Market Value
($ Thousands)

Quanta Computer

   1,512,592   $ 3,282

Siliconware Precision Industries

   1,454,002     1,982

Siliconware Precision Industries ADR

   265,700     1,863

SinoPac Financial Holdings

   4,346,230     1,742

Taishin Financial Holding

   541,000     212

Taiwan Cooperative Bank

   1,377,661     864

Taiwan Fertilizer

   1,007,000     3,586

Taiwan Semiconductor Manufacturing

   6,361,456     12,821

Taiwan Semiconductor Manufacturing ADR

   164,386     1,881

Tatung*

   6,312,000     1,546

U-Ming Marine Transport

   392,000     793

United Microelectronics

   10,751,312     5,808

Universal Scientific Industrial

   296,000     187

Walsin Lihwa

   154,000     58

Wistron

   981,000     1,900

Yageo

   2,371,440     866

Yuanta Financial Holding

   3,098,000     2,267
       
      110,286
       

Thailand — 2.4%

    

Advanced Info Service

   384,700     998

Airports of Thailand

   428,000     501

Bangkok Bank

   269,000     942

Bangkok Bank NVDR(A)

   846,200     2,945

Bumrungrad Hospital

   843,850     747

Electricity Generating

   43,101     102

Glow Energy

   684,921     677

Kasikornbank(A)

   1,498,633     3,854

Krung Thai Bank

   4,414,440     1,302

PTT

   246,444     1,820

PTT NVDR(A)

   199,900     1,476

Ratchaburi Electricity Generating Holding

   88,800     94

Siam Cement

   389,854     2,751

Siam Commercial Bank

   1,672,888     4,264

Thai Airways International*

   116,580     65

Thai Union Frozen Products

   568,700     517

Thanachart Capital

   362,000     240

Total Access Communication

   502,600     549

Total Access Communication NVDR

   20,100     21
       
      23,865
       

Turkey — 2.4%

    

Akbank

   24,000     152

Anadolu Efes Biracilik Ve Malt Sanayii

   80,993     901

Cimsa Cimento Sanayi VE Tica

   226,910     1,143

Eczacibasi Ilac Sanayi

   175,000     292

Ford Otomotiv Sanayi

   208,983     1,274

Haci Omer Sabanci Holding

   219,555     851

Izmir Demir Celik Sanayi*

   19,375     29

KOC Holding*

   215,290     636

Petrol Ofisi*

   51,450     198

Tekfen Holding*

   228,463     746

Tupras Turkiye Petrol Rafine

   197,355     3,900

Turk Hava Yollari

   335,177     1,278

Turk Sise ve Cam Fabrikalari

   1,394,426     1,743

Turkcell Iletisim Hizmet ADR

   16,040     281

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    6

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

December 31, 2009

Description

   Shares   Market Value
($ Thousands)

Turkcell Iletisim Hizmet

   412,128   $ 2,911

Turkiye Garanti Bankasi

   431,897     1,832

Turkiye Halk Bankasi

   127,691     1,018

Turkiye Is Bankasi, Cl C

   495,196     2,082

Turkiye Sinai Kalkinma Bankasi*

   1,192,188     1,452

Turkiye Vakiflar Bankasi Tao, Cl D

   314,240     898
       
      23,617
       

United Arab Emirates — 0.0%

    

DP World

   983,000     418
       

United Kingdom — 0.4%

    

Anglo American

   78,811     3,407

JKX Oil & Gas

   79,730     363
       
      3,770
       

Total Common Stock
(Cost $694,347) ($ Thousands)

       874,388
       

PREFERRED STOCK — 7.8%

    

Brazil — 7.8%

    

Banco Bradesco

   83,200     1,736

Banco Daycoval

   25,700     144

Bombril*

   13,400     68

Brasil Telecom*

   110,382     1,061

Braskem

   191,000     1,543

Centrais Eletricas Brasileiras

   58,000     1,055

Cia Brasileira de Distribuicao Grupo Pao de Acucar

   24,484     913

Cia de Bebidas das Americas ADR

   15,613     1,578

Cia de Bebidas das Americas

   24,000     2,402

Cia de Saneamento Basico do Estado de Sao Paulo ADR

   1,170     46

Cia de Tecidos do Norte de Minas - Coteminas

   175,532     539

Cia Energetica de Minas Gerais

   135,901     2,463

Cia Paranaense de Energia

   103,353     2,196

Construtora Sultepa

   600     2

Eletropaulo Metropolitana Eletricidade de Sao Paulo

   126,714     2,508

Gerdau

   53,100     888

Investimentos Itau

   866,316     5,889

Itau Unibanco Holding

   228,171     5,064

Marcopolo

   234,200     907

Metalurgica Gerdau, Cl A

   61,599     1,234

NET Servicos de Comunicacao*

   64,900     893

Petroleo Brasileiro

   578,842     12,183

Petroleo Brasileiro Sponsored ADR, Cl A

   308,060     13,059

Randon Participacoes

   77,800     695

Telecomunicacoes de Sao Paulo

   67,166     1,678

Telemar Norte Leste

   6,624     236

Tim Participacoes

   395,200     1,161

Ultrapar Participacoes

   17,900     823

Universo Online

   20,000     108

Vale, Cl A

   322,331     7,803

Vale ADR ADR, Cl B

   195,476     4,852

Vivo Participacoes

   39,800     1,244
       
      76,971
       

Description

   Shares   Market Value
($ Thousands)

South Korea — 0.0%

    

Yuhan*

   402   $ 49
       

Total Preferred Stock (Cost $44,005) ($ Thousands)

       77,020
       

EXCHANGE TRADED FUND —1.0%

    

United States — 1.0%

    

iShares MSCI Emerging Markets Index Fund

   223,216     9,263
       

Total Exchange Traded Fund (Cost $9,096) ($ Thousands)

       9,263
       
    Number Of
Warrants		    

EQUITY-LINKED WARRANTS —0.2%

    

Russia — 0.2%

    

Sberbank, Expires 02/23/10 *

   398,000     1,118

Sberbank, Expires 02/28/18 *

   112,700     269
       
      1,387
       

United Arab Emirates — 0.0%

    

Dana Gas PJSC, Expires 12/06/10 *

   1,001,800     256
       

Total Equity-Linked Warrants (Cost $700) ($ Thousands)

       1,643
       

DEBENTURE BOND — 0.0%

    

Brazil — 0.0%

    

Vale, Ser 1997

    

0.000%, 09/30/49(E)

   8     —  
       

Total Debenture Bond (Cost $0) ($ Thousands)

       —  
       

AFFILIATED PARTNERSHIP — 5.4%

    

United States — 5.4%

    

SEI Liquidity Fund, L.P.,
0.300%†**(F)

   54,359,667     53,281
       

Total Affiliated Partnership
(Cost $54,360) ($ Thousands)

       53,281
       

CASH EQUIVALENT — 0.4%

    

SEI Daily Income Trust, Prime Obligation Fund, Cl A
0.100% †**

   4,057     4,057
       

Total Cash Equivalent
(Cost $4,057) ($ Thousands)

       4,057
       

Total Investments — 103.6%
(Cost $806,565) ($ Thousands)§

     $ 1,019,652
       

 

 

7    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

The following is a summary of the inputs used as of December 31, 2009 in valuing the Fund’s investments carried at value ($ Thousands):

 

     Level 1    Level 2    Level 3    Total

Investments in Securities

            

Common Stock

    $ 220,448    $ 653,933    $ 7    $ 874,388

Preferred Stock

      77,020      —        —        77,020

Exchange Traded Fund

      9,263      —        —        9,263

Equity-Linked Warrants

      —        1,643      —        1,643

Debenture Bond

      —        —        —        —  

Cash Equivalent

      4,057      —        —        4,057

Affiliated Partnership

      —        53,281      —        53,281
                           

Total Investments in Securities

    $ 310,788    $ 708,857    $ 7    $ 1,019,652
                           

 

     Common Stock
($ Thousands)

Beginning balance as of October 1, 2009

    $ 7

Accrued discounts/premiums

      —  

Realized gain/(loss)

      —  

Change in unrealized appreciation/(depreciation)

      —  

Net purchases/sales

      —  

Net transfer in and/or out of Level 3

      —  
      

Ending balance as of December 31, 2009

    $ 7
      

Changes in unrealized gains/(losses) included in earnings related to securities still held at reporting date

    $ —  
      

 

Percentages are based on a Net Assets of $984,342 ($ Thousands).

 

* Non-income producing security
** Rate shown is the 7-day effective yield as of December 31, 2009.
† Affiliated security
(A) This security or a partial position of this security is on loan at December 31, 2009. The total market value of securities on loan at December 31, 2009 was $52,056 ($ Thousands).
(B) 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 December 31, 2009 was $24,313 ($ Thousands) and represented 2.5% of Net Assets.
(C) Real Estate Investments Trust
(D) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase.
(E) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effect as of December 31, 2009.
(F) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of December 31, 2009 was $53,281 ($ Thousands).
§ At December 31, 2009, the tax basis cost of the Fund’s investments was $806,565 ($ Thousands), and the unrealized appreciation and depreciation were $237,092 ($ Thousands) and ($24,005) ($ Thousands) respectively.

ADR — American Depositary Receipt

BDR — Brazilian Depositary Receipt

Cl — Class

GDR — Global Depositary Receipt

L.P. — Limited Partnership

NVDR — Non-Voting Depositary Receipt

Ser — Series

Amounts designated as “—” are $O or have been rounded to $O.

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 Holdings / December 31, 2009    8

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

December 31, 2009

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

GLOBAL BONDS — 77.7%

    

Australia — 2.0%

    

Commonwealth Bank of Australia

    

3.750%, 10/15/14(A)

     425   $ 426

Fairfax Med

    

5.250%, 06/15/12

     250     357

Government of Australia, Ser 122

    

5.250%, 03/15/19

     300     262

Government of Australia, Ser 123

    

5.750%, 04/15/12

     2,000     1,840

Government of Australia, Ser 25CI

    

3.000%, 09/20/25

     640     583

Macquarie Bank MTN

    

5.500%, 09/19/16(B)

   GBP 336     499

National Australia Bank MTN

    

4.500%, 06/23/16(B)

     275     398

3.500%, 01/23/15

     290     413

New South Wales Treasury

    

5.250%, 05/01/13

     980     878

QBE Insurance Group MTN

    

6.125%, 09/28/15

     250     414

Queensland Treasury

    

6.000%, 09/14/17

     1,630     1,456

Rio Tinto Finance USA

    

8.950%, 05/01/14

     550     659

5.875%, 07/15/13

     500     540

St. George Bank MTN

    

1.038%, 03/11/15(B)

     500     691

Westpac Banking MTN

    

5.000%, 10/21/19

     350     548

4.250%, 01/25/12

     300     446

4.250%, 09/22/16

     350     509
       
      10,919
       

Austria — 0.2%

    

Government of Austria, Ser 97-6

    

6.250%, 07/15/27

     225     395

Telekom Finanzmanagement MTN

    

5.000%, 07/22/13

     301     455
       
      850
       

Belgium — 2.1%

    

Delhaize Group

    

5.875%, 02/01/14

     105     113

Dexia Funding

    

4.892%, 11/30/49

     336     217

Fortis Bank

    

4.625%, 10/24/49(B)

     200     218

Inbev

    

8.625%, 01/30/17

     200     361

Kingdom of Belgium, Ser 31

    

5.500%, 03/28/28

     2,872     4,674

Kingdom of Belgium, Ser 44

    

5.000%, 03/28/35

     325     501

Kingdom of Belgium, Ser 48

    

4.000%, 03/28/22

     2,100     3,014

Kingdom of Belgium, Ser 55

    

4.000%, 03/28/19

     400     586

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Kingdom of Belgium, Ser 56

    

3.500%, 03/28/15

   750   $ 1,111
       
      10,795
       

Brazil — 0.4%

    

Centrais Eletricas Brasileiras

    

6.875%, 07/30/19

   150     163

Federal Republic of Brazil

    

12.500%, 01/05/16

   435     282

10.250%, 01/10/28

   1,010     581

Petrobras International Finance

    

5.750%, 01/20/20

   650     661

Vale Overseas

    

6.875%, 11/21/36

   301     301
       
      1,988
       

Canada — 4.2%

    

Bell Canada MTN

    

5.000%, 02/15/17

   270     262

Canadian Natural Resources

    

5.150%, 02/01/13

   175     186

Canadian Pacific Railway

    

6.500%, 05/15/18

   99     107

CDP Financial

    

4.400%, 11/25/19(A)

   850     814

Export Development Canada MTN

    

2.375%, 03/19/12

   800     814

Government of Canada

    

5.750%, 06/01/33

   1,300     1,527

5.000%, 06/01/37

   4,200     4,609

5.000%, 06/01/14

   1,000     1,047

4.000%, 06/01/16

   2,000     2,007

3.750%, 06/01/19

   630     607

3.750%, 06/01/12

   4,521     4,513

Province of British Columbia Canada MTN

    

4.650%, 12/18/18

   1,900     1,887

Province of Ontario Canada MTN

    

4.750%, 06/02/13

   1,430     1,462

Province of Quebec Canada

    

5.250%, 10/01/13

   1,274     1,326

Royal Bank of Canada MTN

    

4.625%, 01/22/18

   252     377

Teck Resources

    

9.750%, 05/15/14

   95     110

YPG Holdings MTN

    

5.250%, 02/15/16

   665     583
       
      22,238
       

Chile — 0.1%

    

Nacional del Cobre de Chile - CODELCO

    

6.150%, 10/24/36(A)

   640     658
       

Colombia — 0.0%

    

Ecopetrol

    

7.625%, 07/23/19(A)

   237     263
       

 

 

1    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Croatia — 0.1%

    

Government of Croatia

    

6.750%, 11/05/19(A)

   420   $ 452
       

Czech Republic — 0.1%

    

Government of Czech Republic, Ser 51

    

4.000%, 04/11/17

   5,450     298
       

Denmark — 0.7%

    

Carlsgerg Breweries

    

7.250%, 11/28/16

   150     266

Danske Bank MTN

    

4.875%, 06/11/13

   150     230

4.125%, 11/26/19

   290     414

Kingdom of Denmark MTN

    

4.500%, 11/15/39

   1,300     261

4.000%, 11/15/17

   4,450     890

4.000%, 11/15/12

   4,216     853

3.125%, 03/17/14

   500     734
       
      3,648
       

Finland — 0.1%

    

Government of Finland

    

4.375%, 07/04/19

   225     343
       

France — 6.5%

    

AXA MTN

    

4.500%, 01/23/15

   100     150

Banque PSA Finance MTN

    

6.375%, 11/16/10

   525     777

BNP Paribas

    

8.667%, 09/29/49(B)

   100     151

4.875%, 10/29/49

   375     412

BNP Paribas Home Loan Covered Bonds MTN

    

4.750%, 05/28/13

   100     153

BNP Paribas Public Sector SCF MTN

    

3.625%, 06/16/14

   100     148

BPCE MTN

    

6.117%, 10/29/49(B)

   100     99

Caisse d’Amortissement de la Dette Sociale MTN

    

4.500%, 09/04/13

   2,600     3,994

Caisse Refinancement de l’Habitat

    

4.250%, 10/25/14

   332     501

Cie de Saint-Gobain MTN

    

6.000%, 05/20/13

   50     77

CIE Financement Foncier

    

4.625%, 09/23/17

   515     781

Compagnie de Financement Foncier

    

4.500%, 01/09/13

   290     440

3.750%, 01/24/17

   189     273

Compagnie De St Gobain MTN

    

0.991%, 04/11/12(B)

   350     493

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Credit Agricole MTN

    

5.875%, 06/11/19

     250   $ 395

4.130%, 11/29/49(B)

     150     159

Credit Agricole Covered Bonds MTN

    

3.500%, 07/21/14

     200     293

Credit Logement

    

4.604%, 03/29/49(B)

     350     397

1.373%, 12/15/49(B)

     150     161

Dexia Credit Local

    

2.375%, 09/23/11(A)

     500     510

EDF MTN

    

6.875%, 12/12/22

     300     547

6.125%, 06/02/34

     100     174

France Telecom

    

5.375%, 07/08/19

     375     395

5.000%, 05/12/16

     250     410

French Treasury Note BTAN

    

2.500%, 01/12/14

     2,475     3,571

Government of France

    

4.750%, 04/25/35

     2,465     3,806

4.500%, 04/25/41

     950     1,417

4.250%, 04/25/19

     1,295     1,961

3.750%, 10/25/19

     850     1,230

3.750%, 04/25/21

     2,300     3,301

3.500%, 04/25/15

     535     798

HSBC France MTN

    

4.875%, 01/15/14

     250     382

Lafarge

    

8.750%, 05/30/17

     250     455

6.150%, 07/15/11

     475     495

Natixis MTN

    

0.983%, 01/26/17(B)

     300     388

RCI Banque

    

8.125%, 05/15/12

     250     392

Safran

    

4.000%, 11/26/14

     250     359

Societe Financement de l’Economie Francaise

    

3.375%, 05/05/14(A)

     905     923

2.125%, 01/30/12(A)

     955     967

Societe Generale MTN

    

0.895%, 06/07/17(B)

     200     274

Societe Generale Societe de Credit Fonciere MTN

    

4.000%, 07/07/16

     650     961

TPSA Eurofinance France MTN

    

6.000%, 05/22/14

     150     233

Veolia Environnement

    

6.125%, 10/29/37

   GBP 200     333

5.250%, 06/03/13

     585     619

Vivendi MTN

    

7.750%, 01/23/14

     250     414
       
      35,169
       

Germany — 12.1%

    

Bayer MTN

    

5.625%, 05/23/18

   GBP 150     247

5.000%, 07/29/05(B)

     218     288

Bayerische Landesbank MTN

    

4.500%, 02/07/19(B)

     350     420

2.750%, 01/23/12

     750     1,100

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    2

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

December 31, 2009

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Bundesobligation

    

2.500%, 10/10/14

   1,325   $ 1,906

Bundesrepublik Deutschland

    

5.000%, 07/04/12

   550     855

4.250%, 07/04/14

   450     695

3.750%, 01/04/19

   550     816

3.250%, 01/04/20

   2,200     3,120

Bundesrepublik Deutschland, Ser 00

    

5.500%, 01/04/31

   525     887

Bundesrepublik Deutschland, Ser 02

    

5.000%, 01/04/12

   5,025     7,727

Bundesrepublik Deutschland, Ser 03

    

4.750%, 07/04/34

   2,460     3,827

4.250%, 01/04/14

   2,150     3,318

Bundesrepublik Deutschland, Ser 04

    

3.750%, 01/04/15

   1,200     1,819

Bundesrepublik Deutschland, Ser 06

    

3.750%, 01/04/17

   3,600     5,407

Bundesrepublik Deutschland, Ser 07

    

4.250%, 07/04/39

   1,440     2,113

4.000%, 01/04/18

   1,260     1,915

Bundesrepublik Deutschland, Ser 08

    

4.750%, 07/04/40

   7,755     12,335

4.250%, 07/04/18

   700     1,080

Bundesrepublik Deutschland, Ser 09

    

3.500%, 07/04/19

   1,425     2,075

Bundesschatzanweisungen, Ser 1

    

1.250%, 09/16/11

   1,000     1,436

Commerzbank

    

5.625%, 11/29/17(B)

   150     209

2.750%, 01/13/12

   325     474

Deutsche Bank

    

4.875%, 05/20/13

   381     405

Deutsche Boerse

    

7.500%, 06/13/38(B)

   250     375

Dexia Kommunalbank Deutschland MTN

    

3.500%, 06/05/14

   390     575

Hella KGaA Hueck

    

7.250%, 10/20/14

   100     144

HSH Nordbank MTN

    

2.750%, 01/20/12

   1,075     1,570

KFW

    

3.875%, 01/21/19

   1,075     1,568

Kreditanstalt fuer Wiederaufbau MTN

    

5.375%, 01/29/14

   950     1,676

4.375%, 10/11/13

   1,050     1,610

Landesbank Berlin MTN

    

5.875%, 11/25/19

   600     855

Landwirtschaftliche Rentenbank

    

3.250%, 03/12/14

   550     806

Munich

    

7.625%, 06/21/28

   285     494

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Volkswagen Leasing

    

4.875%, 10/18/12

     250   $ 377

WestLB MTN

    

3.500%, 09/03/12

     150     217
       
      64,741
       

Greece — 0.7%

    

Hellenic Republic 30 Year Government Bond

    

4.500%, 09/20/37

     75     82

Hellenic Republic Government Bond

    

6.500%, 10/22/19

     375     566

5.500%, 08/20/14

     2,100     3,053
       
      3,701
       

Hungary — 0.0%

    

Government of Hungary, Ser 20/A

    

7.500%, 11/12/20

     30,150     154
       

Ireland — 1.1%

    

Allied Irish Banks

    

12.500%, 06/25/19

     97     143

5.250%, 03/10/25(B)

     220     215

Ardagh Glass Finance

    

7.125%, 06/15/17

     125     160

Ardagh Glass Group PIK

    

10.750%, 03/01/15

     325     410

Bank of Ireland MTN

    

4.625%, 04/08/13

     400     562

Government of Ireland

    

5.900%, 10/18/19

     1,300     2,013

4.400%, 06/18/19

     500     695

Iberdrola Finance Ireland

    

5.000%, 09/11/19(A)

     425     423

Smurfit Kappa Acquisitions

    

7.750%, 11/15/19(A)

     170     240

TransCapit (Transneft) Registered

    

7.700%, 08/07/13

     539     582

UT2 Funding

    

5.321%, 06/30/16

     390     362
       
      5,805
       

Italy — 3.1%

    

A2A MTN

    

4.500%, 11/02/16

     100     146

Assicurazioni Generali MTN

    

5.125%, 09/16/24

     350     512

Banca Italease MTN

    

0.922%, 02/02/10(B)

     150     215

Buoni Poliennali Del Tesoro

    

5.750%, 02/01/33

     1,570     2,559

Enel Finance International

    

5.750%, 09/14/40

     300     481

3.875%, 10/07/14(A)

     575     582

Intesa Sanpaolo MTN

    

6.375%, 11/12/17(B)

   GBP 300     504

6.375%, 04/06/10

     2,150     3,115

5.000%, 09/23/19

     400     584

 

 

3    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Italy Buoni Poliennali Del Tesoro

    

4.250%, 02/01/19

     2,075   $ 3,070

3.500%, 06/01/14

     1,100     1,620

Lottomaticaspa

    

5.375%, 12/05/16

     100     146

Telecom Italia MTN

    

7.375%, 12/15/17

     200     360

6.750%, 03/21/13

     150     237

Telecom Italia Capital

    

6.175%, 06/18/14

     300     325

Unicredito Italiano MTN

    

4.500%, 09/22/19

     400     580

Unione di Banche Italiane SCPA

    

4.000%, 12/16/19

     800     1,123
       
      16,159
       

Japan — 13.6%

    

Aiful

    

6.000%, 12/12/11(A)

     534     379

Fukoku Mutual Life Insurance

    

4.500%, 09/28/25(B)

   EUR 500     521

Government of Japan 10 Year Bond, Ser 284

    

1.700%, 12/20/16

     328,400     3,747

Government of Japan 10 Year Bond, Ser 286

    

1.800%, 06/20/17

     49,150     563

Government of Japan 10 Year Bond, Ser 288

    

1.700%, 09/20/17

     1,729,950     19,667

Government of Japan 10 Year Bond, Ser 296

    

1.500%, 09/20/18

     316,000     3,509

Government of Japan 10 Year Bond, Ser 298

    

1.300%, 12/20/18

     300,600     3,274

Government of Japan 10 Year Bond, Ser 301

    

1.500%, 06/20/19

     235,300     2,592

Government of Japan 2 Year Bond, Ser 287

    

0.300%, 12/15/11

     370,150     3,988

Government of Japan 20 Year Bond, Ser 109

    

1.900%, 03/20/29

     256,000     2,681

Government of Japan 20 Year Bond, Ser 112

    

2.100%, 06/20/29

     175,000     1,892

Government of Japan 20 Year Bond, Ser 48

    

2.500%, 12/21/20

     289,450     3,439

Government of Japan 20 Year Bond, Ser 99

    

2.100%, 12/20/27

     657,750     7,181

Government of Japan 30 Year Bond, Ser 29

    

2.400%, 09/20/38

     103,250     1,144

Government of Japan 5 Year Bond, Ser 79

    

0.700%, 12/20/13

     772,800     8,411

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Government of Japan CPI Linked Bond, Ser 16

    

1.400%, 06/10/18

     263,145   $ 2,729

Japan Finance for Municipal Enterprises

    

2.000%, 05/09/16

     540,000     6,171

Sumitomo Mitsui Banking

    

6.164%, 09/16/24(B)

     400     491

4.375%, 10/15/15(B)

   EUR 460     568
       
      72,947
       

Jersey — 0.2%

    

BAA Funding

    

6.750%, 12/03/26

     400     644

WPP MTN

    

6.625%, 05/12/16

     225     349
       
      993
       

Lithuania — 0.1%

    

Republic of Lithuania

    

6.750%, 01/15/15(A)

     425     433
       

Malaysia — 0.1%

    

Malaysia Government Bond

    

5.734%, 07/30/19

     900     292
       

Mexico — 0.3%

    

Mexican Bonos, Ser M10

    

7.750%, 12/14/17

     7,275     554

Mexican Bonos, Ser MI10

    

9.000%, 12/20/12

     10,000     811
       
      1,365
       

Netherlands — 5.7%

    

ABN Amro Bank MTN

    

3.750%, 07/15/14

     750     1,104

Aegon

    

4.750%, 06/01/13

     250     251

Allianz Finance II

    

6.125%, 05/31/22(B)

     1,000     1,485

4.750%, 07/22/19

     150     223

Allianz Finance II BV MTN

    

5.000%, 03/06/13

     350     535

ArcelorMittal

    

5.375%, 06/01/13(A)

     475     501

Bayer MTN

    

4.625%, 09/26/14

     375     573

BMW Finance MTN

    

5.000%, 08/06/18

     133     200

Boats Investments MTN

    

11.000%, 03/31/17

     328     334

CRH Finance MTN

    

7.375%, 05/28/14

     280     455

Deutsche Telekom International Finance BV MTN

    

6.500%, 04/08/22

     680     1,176

E.ON International Finance MTN

    

6.750%, 01/27/39

     200     381

E.ON International Finance BV

    

5.800%, 04/30/18(A)

     650     698

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    4

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

December 31, 2009

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

EDP Finance BV

    

5.375%, 11/02/12(A)

     750   $ 808

Eureko

    

5.125%, 06/24/15(B)

     650     662

Government of Netherlands

    

7.500%, 01/15/23

     2,228     4,369

4.500%, 07/15/17

     1,500     2,330

4.000%, 01/15/37

     200     277

4.000%, 07/15/16

     1,700     2,577

4.000%, 07/15/18

     425     635

3.750%, 07/15/14

     475     718

ING Bank MTN

    

4.750%, 05/27/19

     800     1,203

ING Groep MTN

    

4.750%, 05/31/17

     500     725

ING Verzekeringen

    

6.250%, 06/21/21(B)

     1,310     1,679

International Endesa BV MTN

    

5.375%, 02/21/13

     450     693

KBC Internationale Financieringsmaatschappij MTN

    

4.500%, 09/17/14

     350     510

Koninklijke KPN MTN

    

7.500%, 02/04/19

     150     261

5.750%, 09/17/29

     350     555

Linde Finance

    

7.375%, 07/14/66(B)

     300     443

6.750%, 12/08/15

     225     376

Philips Electronics

    

5.750%, 03/11/18

     395     420

Rabobank Nederland MTN

    

4.125%, 04/04/12

     1,250     1,878

0.856%, 07/28/15(B)

     250     353

RWE Finance BV MTN

    

5.000%, 02/10/15

     500     775

Siemens
Financieringsmaatschappij MTN

    

5.125%, 02/20/17

     250     387

Siemens Financieringsmat

    

6.125%, 09/14/66(B)

   GBP 275     426

Volkswagen

    

5.625%, 02/09/12

     150     229
       
      31,205
       

New Zealand — 0.1%

    

ANZ National International

    

6.200%, 07/19/13

     450     486
       

Norway — 0.7%

    

DnB Bank MTN

    

4.500%, 05/29/14

     475     715

0.917%, 05/30/17(B)

     425     566

Eksportfinans MTN

    

4.375%, 09/20/10

   EUR 625     914

Kommunalbanken MTN

    

2.875%, 06/22/12

     600     611

MPU Offshore Lift

    

11.285%, 12/22/11(C)

     1,445     5

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Norske Skogindustrier

    

7.000%, 06/26/17

     275   $ 265

Norway Government Bond

    

4.500%, 05/22/19

     1,150     204

Petrolia Drilling

    

12.000%, 06/20/12

     1,000     78

Sevan Drilling

    

7.410%, 12/07/12(B)

     2,000     298

Yara International

    

7.875%, 06/11/19

     225     257
       
      3,913
       

Peru — 0.1%

    

Republic of Peru

    

9.875%, 02/06/15

     155     196

8.375%, 05/03/16

     65     79
       
      275
       

Poland — 0.4%

    

Republic of Poland

    

6.375%, 07/15/19

     730     794

Republic of Poland, Ser 1017

    

5.250%, 10/25/17

     1,500     496

Republic of Poland, Ser 1019

    

5.500%, 10/25/19

     2,535     835
       
      2,125
       

Portugal — 0.2%

    

Banco Comercial Portugues MTN

    

3.750%, 10/08/16

     500     711

Portugal Obrigacoes do Tesouro OT

    

4.450%, 06/15/18

     425     632
       
      1,343
       

Russia — 0.5%

    

Gazprom

    

9.625%, 03/01/13

     470     523

6.580%, 10/31/13

   GBP 150     241

6.212%, 11/22/16(A)

     230     221

RSHB Capital for Russian Agricultural Bank

    

7.750%, 05/29/18(A)

     1,095     1,197

Steel Capital (Severstal)

    

9.750%, 07/29/13(A)

     540     544
       
      2,726
       

Singapore — 0.5%

    

DBS Bank

    

0.493%, 05/16/17(A)(B)

     525     500

Flextronics International

    

6.500%, 05/15/13

     140     140

Government of Singapore

    

4.000%, 09/01/18

     2,125     1,681

3.500%, 03/01/27

     650     472
       
      2,793
       

South Africa — 0.1%

    

Foodcorp Registered

    

8.875%, 06/15/12

   EUR 150     205

 

 

5    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Government of South Africa, Ser R203

    

8.250%, 09/15/17

     4,050   $ 526
       
      731
       

Spain — 1.1%

Government of Spain

    

4.750%, 07/30/14

     925     1,434

4.600%, 07/30/19

     485     730

3.300%, 10/31/14

     475     690

Mapfre

    

5.921%, 07/24/37(B)

     500     602

Santander Issuances MTN

    

1.108%, 07/25/17(B)

     250     338

Santander Issuances S.A Unipersonal MTN

    

4.250%, 05/30/18(B)

     275     397

Santander Issuances, Ser 24

    

7.300%, 07/27/19(B)

     200     339

Telefonica Emisiones SAU MTN

    

5.289%, 12/09/22

     200     315

4.375%, 02/02/16

     800     1,173
       
      6,018
       

Supra-National — 1.7%

European Investment Bank MTN

    

3.500%, 04/15/16

     1,975     2,889

1.400%, 06/20/17

   JPY 340,800     3,750

Inter-American Development Bank

    

9.750%, 05/15/15

     750     1,573

WT Finance

    

3.625%, 06/27/12

   EUR 450     639
       
      8,851
       

Sweden — 1.8%

Kingdom of Sweden, Ser 1041

    

6.750%, 05/05/14

     3,575     589

Kingdom of Sweden, Ser 1046

    

5.500%, 10/08/12

     9,550     1,472

Kingdom of Sweden, Ser 1049

    

4.500%, 08/12/15

     21,900     3,339

Kingdom of Sweden, Ser 1052

    

4.250%, 03/12/19

     2,000     301

Nordea Bank MTN

    

4.500%, 05/12/14

     800     1,202

Skandinaviska Enskilda Banken MTN

    

6.625%, 07/09/14

     242     412

Stadshypotek MTN

    

3.750%, 12/12/13

     150     221

Svenska Handelsbanken MTN

    

0.940%, 10/19/17(B)

   EUR 800     1,070

Swedbank MTN

    

7.375%, 06/26/18(B)

     150     222

3.125%, 02/02/12

     550     808

Volvo Treasury

    

5.950%, 04/01/15

     145     150
       
      9,786
       

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Switzerland — 1.2%

Credit Suisse MTN

    

6.125%, 05/16/14

     350   $ 557

4.750%, 08/05/19

     400     582

Novartis Finance MTN

    

4.250%, 06/15/16

     525     784

UBS MTN

    

7.152%, 12/29/49(B)

     150     183

6.625%, 04/11/18

   GBP 150     261

6.250%, 09/03/13

   EUR 200     313

5.875%, 12/20/17

     575     591

5.625%, 05/19/14

     200     308

3.000%, 10/06/14

     1,125     1,608

0.864%, 11/17/15(B)

   EUR 784     1,058

Weatherford International

    

9.625%, 03/01/19

     275     343
       
      6,588
       

 

United Arab Emirates — 0.1%

National Bank of Abu Dhabi MTN

    

5.875%, 02/27/12

   GBP 365     596
       

United Kingdom — 8.0%

3I Group MTN

    

0.918%, 06/08/12(B)

     350     453

Abbey National Treasury Services MTN

    

4.250%, 04/12/21

     850     1,183

Anglian Water Services Financing, Ser A5 MTN

    

6.293%, 07/30/30

     500     843

Anglo American Capital

    

9.375%, 04/08/14(A)

     275     329

Bank of Scotland MTN

    

4.750%, 06/08/22

     1,275     1,761

Barclays Bank

    

14.000%, 06/15/19(B)

     100     206

6.750%, 01/16/23(B)

     350     560

6.750%, 05/22/19

     350     390

5.000%, 09/22/16

     705     720

4.500%, 03/04/19(B)

     125     179

BAT International Finance MTN

    

5.875%, 03/12/15

     200     314

5.375%, 06/29/17

     675     1,032

4.875%, 02/24/21

     100     144

BG Energy Capital MTN

    

3.375%, 07/15/13

     200     290

British Telecommunications MTN

    

6.500%, 07/07/15

     200     314

5.750%, 12/07/28

     111     157

Chester Asset Receivables, Ser A

    

6.125%, 10/15/10

   EUR   2,160     3,115

Enterprise Inns

    

6.500%, 12/06/18

     140     182

ENW Finance MTN

    

6.125%, 07/21/21

     350     568

Group 4 Securicor

    

7.750%, 05/13/19

     100     181

Holcim US Finance Sarl & Cie SCS

    

6.000%, 12/30/19(A)

     25     26

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    6

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

December 31, 2009

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

HSBC Holdings MTN

    

6.500%, 05/20/24

     250   $ 438

0.454%, 10/06/16(B)

     625     594

Imperial Tobacco Finance MTN

    

8.375%, 02/17/16

     1,150     1,996

7.250%, 09/15/14

     150     245

Ineo’s Group Holdings

    

7.875%, 02/15/16

   EUR 111     103

Inmarsat Finance

    

7.375%, 12/01/17(A)

     115     118

Intercontinental Hotels Group MTN

    

6.000%, 12/09/16

     300     480

Legal & General Group MTN

    

4.000%, 06/08/25(B)

     200     237

Lloyds TSB Bank MTN

    

6.375%, 04/15/14

     725     1,251

6.250%, 04/15/14

     150     234

5.375%, 09/03/19

     175     250

Marks & Spencer MTN

    

6.125%, 12/02/19

     100     162

5.625%, 03/24/14

     268     447

Motability Operations Group MTN

    

5.250%, 09/28/16

     250     408

National Westminster Bank

    

6.500%, 09/07/21

     220     302

Nationwide Building Society MTN

    

3.375%, 08/17/15(B)

     580     794

3.125%, 01/26/10

     352     505

Network Rail Infrastructure Finance MTN

    

4.875%, 11/27/15

     950     1,632

Northern Rock

    

5.625%, 06/22/17(A)

     1,750     1,633

Northumbrian Water Finance

    

6.000%, 10/11/17

     500     850

Old Mutual MTN

    

7.125%, 10/19/16

     250     399

5.000%, 01/21/16(B)

     50     69

4.500%, 01/18/17(B)

     250     274

OTE MTN

    

5.375%, 02/14/11

     375     555

Prudential MTN

    

6.125%, 12/19/31

     120     172

Rexam MTN

    

4.375%, 03/15/13

     570     826

Rolls-Royce

    

6.750%, 04/30/19

     100     177

Royal Bank of Scotland MTN

    

6.934%, 04/09/18

     300     399

5.750%, 05/21/14

     250     377

Scottish & Southern Energy MTN

    

6.250%, 08/27/38

     150     265

5.750%, 02/05/14

     245     417

Society of Lloyds

    

6.875%, 11/17/25(B)

     250     405

Southern Gas Networks, Ser A1 MTN

    

0.979%, 10/21/10(B)

     300     426

SOV Housing Capital

    

5.705%, 09/10/39

     250     397

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Standard Chartered Bank MTN

    

5.875%, 09/26/17

     600   $ 899

Tesco

    

6.125%, 02/24/22

     100     169

6.052%, 10/13/39

     350     572

Thames Water Utilities Cayman Finance MTN

    

6.125%, 02/04/13

     200     309

United Kingdom Treasury

    

4.750%, 09/07/15

     910     1,594

4.750%, 12/07/38

     665     1,132

4.750%, 12/07/30

     500     837

4.500%, 03/07/19

     949     1,583

4.500%, 12/07/42

     335     551

4.250%, 09/07/39

     325     509

4.250%, 12/07/49

     85     135

4.250%, 06/07/32

     950     1,491

2.250%, 03/07/14

     370     587

Vodafone Group MTN

    

6.250%, 01/15/16

     150     241

5.900%, 11/26/32

     276     459

4.625%, 09/08/14

     100     166

W&DB Issuer, Ser B1

    

5.641%, 07/15/35(B)

     60     69

Yorkshire Power Finance

    

7.250%, 08/04/28

     408     703

Yorkshire Water Services Bradford Finance

    

6.375%, 08/19/39

     100     180
       
      42,970
       

United States — 7.7%

    

AES

    

7.750%, 10/15/15

     55     56

Alcoa

    

5.375%, 01/15/13

     314     328

Altria Group

    

9.250%, 08/06/19

     325     396

American Express Credit MTN

    

5.375%, 10/01/14

     250     405

American Honda Finance

    

6.250%, 07/16/13

     250     395

American International Group, Ser A3

    

4.875%, 03/15/67(B)

   EUR 400     298

AT&T

    

5.875%, 04/28/17

     200     341

5.600%, 05/15/18

     415     435

BA Covered Bond Issuer MTN

    

4.125%, 04/05/12

   EUR 3,100     4,540

Bank of America

    

6.500%, 08/01/16

     550     591

6.125%, 09/15/21

     350     557

5.650%, 05/01/18

     350     356

4.750%, 05/06/19(B)

     250     323

BNP Paribas Capital Trust III

    

6.625%, 12/29/49(B)

     1,000     1,342

Cablevision Systems, Ser B

    

8.000%, 04/15/12

     235     249

Cargill

    

6.250%, 07/24/15

     600     959

 

 

7    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Case New Holland

    

7.125%, 03/01/14

     80   $ 81

CBS

    

7.700%, 07/30/10

     440     453

Citigroup

    

5.500%, 04/11/13

     500     518

4.750%, 02/10/19(B)

   EUR 1,000     1,245

4.250%, 02/25/30(B)

     450     464

Comcast Cable Communications Holdings

    

9.455%, 11/15/22

     340     437

Commerzbank Capital Funding Trust I

    

5.012%, 03/29/49(B)

   EUR 200     138

Computer Sciences

    

5.500%, 03/15/13

     605     641

ConocoPhillips

    

5.750%, 02/01/19

     400     438

Countrywide Financial MTN

    

5.800%, 06/07/12

     507     538

Countrywide Home Loan, Ser L MTN

    

4.000%, 03/22/11

     9     9

Dell

    

5.625%, 04/15/14

     245     267

Dow Chemical

    

8.550%, 05/15/19

     288     344

Duke Energy

    

6.300%, 02/01/14

     375     412

Dynegy Holdings

    

8.375%, 05/01/16

     230     219

Electronic Data Systems, Ser B

    

6.500%, 08/01/13

     474     524

Fisher Scientific International

    

6.125%, 07/01/15

     71     73

General Electric Capital

    

5.900%, 05/13/14

     300     324

5.625%, 05/01/18

     300     308

3.750%, 11/14/14

     375     374

Genworth Financial

    

1.600%, 06/20/11

   JPY 53,000     546

Glencore Finance Europe MTN

    

7.125%, 04/23/15

     300     463

6.500%, 02/27/19

   GBP 400     614

Goldman Sachs Group

    

6.375%, 05/02/18

     400     633

4.750%, 01/28/14

     396     583

4.250%, 08/04/10

     200     290

1.022%, 02/04/13(B)

   EUR 450     622

Goodyear

    

9.000%, 07/01/15

     155     161

Hertz

    

8.875%, 01/01/14

     221     226

HSBC Finance MTN

    

7.000%, 03/27/12

     285     490

Ingersoll-Rand Global Holding

    

9.500%, 04/15/14

     213     255

International Paper

    

7.950%, 06/15/18

     260     300

JPMorgan Chase Bank

    

4.625%, 05/31/17(B)

   EUR 250     364

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Key Bank MTN

    

0.886%, 02/09/12(B)

     220   $ 243

0.840%, 11/21/11(B)

     50     61

Kraft Foods

    

6.125%, 08/23/18

     500     527

Merrill Lynch MTN

    

6.750%, 05/21/13

     150     232

4.625%, 10/02/13

   EUR 261     379

1.264%, 09/14/18(B)

     375     431

Metropolitan Life Global Funding I MTN

    

4.625%, 05/16/17

     100     136

Morgan Stanley MTN

    

6.000%, 04/28/15

     630     671

5.625%, 09/23/19

     575     579

3.750%, 03/01/13

     1,000     1,431

Nabors Industries

    

9.250%, 01/15/19

     275     337

News America

    

6.900%, 03/01/19

     300     338

Oracle

    

5.750%, 04/15/18

     435     470

Owens Corning

    

6.500%, 12/01/16

     420     430

Pemex Project Funding Master Trust

    

5.500%, 02/24/25

     300     386

Pfizer

    

1.800%, 02/22/16

   JPY 70,000     750

Pregis

    

5.742%, 04/15/13

     50     64

Qwest

    

7.625%, 06/15/15

     560     580

Qwest Communications International

    

7.500%, 02/15/14

     335     336

Reynolds American

    

7.625%, 06/01/16

     377     411

7.300%, 07/15/15

     195     211

7.250%, 06/01/12

     572     629

Schering-Plough

    

5.375%, 10/01/14

   EUR 1,025     1,606

SLM MTN

    

0.973%, 12/15/10(B)

   EUR 300     396

Tesoro

    

6.500%, 06/01/17

     280     260

Toyota Motor Credit Corp

    

5.250%, 02/03/12

     250     379

Tyco International Group

    

6.000%, 11/15/13

     331     363

United Health Group

    

6.000%, 02/15/18

     135     139

US Bank MTN

    

4.375%, 02/28/17(B)

     900     1,240

Verizon Communications

    

5.250%, 04/15/13

     315     340

Wal-Mart Stores

    

4.875%, 01/19/39

     GBP   238     362

Wellpoint

    

5.875%, 06/15/17

     40     41

Western Union

    

5.930%, 10/01/16

     475     512

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    8

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

December 31, 2009

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Windstream

    

8.625%, 08/01/16

   220   $ 224

WM Covered Bond Program MTN

    

4.375%, 05/19/14

   100     146

3.875%, 09/27/11

   250     365

Wyndham Worldwide

    

6.000%, 12/01/16

   242     225
       
      41,155
       

Total Global Bonds
(Cost $409,111) ($ Thousands)

     415,772
       

MORTGAGE-BACKED SECURITIES — 4.2%

Non-Agency Mortgage-Backed Obligation — 4.2%

Arkle Master Issuer, Ser 2006-1X, Cl 5M1

    

0.984%, 02/17/52

   150     175

Arran Residential Mortgages Funding, Ser 2006-1X, Cl BC

    

0.833%, 04/12/56 (B)

   432     392

Banc of America Commercial Mortgage, Ser 2007-5, Cl A4

    

5.492%, 02/10/51

   1,200     1,012

Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-6, Cl 3A

    

5.431%, 09/25/34 (B)

   394     368

Beluga Master Issuer, Ser 2006-1, Cl A2

    

0.861%, 04/28/99 (B)

   2,200     3,067

Canary Wharf Finance, Ser II, Cl C2

    

1.145%, 10/22/37 (B)

   200     129

Citigroup Commercial Mortgage Trust, Ser 2007-C6, Cl A4

    

5.888%, 06/10/17 (B)

   1,140     1,017

Citigroup Commercial Mortgage Trust, Ser 2008-C7, Cl A4

    

6.092%, 05/01/38 (B)

   405     364

Citigroup Mortgage Loan Trust, Ser 2005-2, Cl 1A4

    

5.110%, 05/25/35 (B)

   1,828     1,461

Commercial Mortgage Asset Trust, Ser 1999-C1, Cl A3

    

6.640%, 09/17/10

   313     314

Credit Suisse First Boston Mortgage Securities, Ser 2003-CKS4, Cl A1

    

4.485%, 11/15/36

   1,215     1,236

Credit Suisse Mortgage Capital Certificates, Ser 2006-C5, Cl A3

    

5.311%, 12/15/39

   1,215     1,014

Eddystone Finance, Ser 2006-1, Cl A

    

0.787%, 04/19/21

   150     189

Eddystone Finance, Ser 2006-1, Cl B

    

0.957%, 04/19/21 (B)

   100     104

Gracechurch Mortgage Financing, Ser 2006-1, Cl C3

    

0.985%, 11/20/56 (B)

   250     299

Gracechurch Mortgage Financing, Ser 2007-1X, Cl 2D2

    

1.115%, 11/20/56 (B)

   400     564

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Gracechurch Mortgage Financing, Ser 2007-1X, Cl 3A2

    

0.815%, 11/20/56 (B)

   2,000   $ 2,793

Granite Master Issuer, Ser 2006-2, Cl A5

    

0.533%, 12/20/54 (B)

   693     884

GSR Mortgage Loan Trust, Ser 2005-AR1, Cl 4A1

    

5.134%, 01/25/35 (B)

   558     471

Holmes Master Issuer, Ser 2007-1, Cl 3C2

    

1.162%, 07/15/40 (B)

   150     201

Immeo Residential Finance, Ser 2, Cl A

    

0.933%, 12/15/16 (B)

   458     565

JLOC, Ser 37X, Cl B1

    

0.720%, 01/15/15 (B)

   13,310     122

JP Morgan Chase Commercial Mortgage Securities, Ser 2007- CB18, Cl A4

    

5.443%, 06/12/47

   880     767

JP Morgan Mortgage Trust, Ser 2004-A5, Cl 3A1

    

5.309%, 12/25/34 (B)

   482     459

Keybank, Ser 2000-C1, Cl A2

    

7.727%, 05/17/32 (B)

   625     625

Leek Finance, Ser 15X, Cl BA

    

0.913%, 03/21/37 (B)

   100     154

London and Regional Debt Securitisation, Ser 1, Cl A

    

0.778%, 10/15/14 (B)

   150     197

Permanent Financing, Ser 7, Cl 3B

    

0.836%, 06/10/42 (B)

   850     1,185

Silverstone, Ser 2009-1, Cl A2

    

2.022%, 01/21/55

   300     487

Skyline, Ser 2007-1, Cl D

    

1.547%, 07/22/43 (B)

   200     132

Storm, Ser 2006-1, Cl A2

    

0.847%, 04/22/48 (B)

   1,255     1,734

Talisman Finance, Ser 7, Cl H

    

2.992%, 04/22/17 (B)

   486     105
       

Total Mortgage-Backed Securities
(Cost $24,800) ($ Thousands)

     22,586
       

CORPORATE OBLIGATIONS — 3.2%

United States — 3.2%

AES

    

7.750%, 03/01/14

   110     112

Antero Resources Finance

    

9.375%, 12/01/17(A)

   46     47

AutoNation

    

2.251%, 04/15/13(A)(B)

   44     42

Autozone

    

5.750%, 01/15/15

   650     705

Bear Stearns MTN

    

6.950%, 08/10/12

   163     182

Caterpillar Financial Services MTN

    

6.200%, 09/30/13

   810     903

 

 

9    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Cellco Partners/Verizon Wireless

    

3.750%, 05/20/11(A)

   650   $ 670

DirecTV Holdings

    

5.875%, 10/01/19(A)

   550     559

Dominion Resources

    

6.400%, 06/15/18

   400     437

Embarq

    

7.082%, 06/01/16

   448     495

Federated Retail Holding

    

5.350%, 03/15/12

   505     516

Freeport-McMoRan Copper & Gold

    

8.250%, 04/01/15

   300     327

General Mills

    

5.250%, 08/15/13

   300     324

Hess

    

8.125%, 02/15/19

   73     88

Humana

    

7.200%, 06/15/18

   280     286

6.450%, 06/01/16

   40     41

6.300%, 08/01/18

   50     48

ILFC E-Capital Trust I

    

5.900%, 12/21/65(A)(B)

   150     78

Inbev

    

5.375%, 01/15/20(A)

   600     612

Liberty Mutual Group

    

7.800%, 03/15/37(A)

   315     260

Limited Brands

    

5.250%, 11/01/14

   315     304

Lincoln National

    

8.750%, 07/01/19

   128     146

Masco

    

6.125%, 10/03/16

   500     477

McGraw-Hill

    

5.900%, 11/15/17

   325     331

McKesson

    

5.250%, 03/01/13

   440     466

Mirant Americas Generation

    

8.500%, 10/01/21

   399     379

Mohawk Industries

    

6.625%, 01/15/16

   375     373

Motorola

    

7.500%, 05/15/25

   85     81

6.500%, 09/01/25

   531     461

Nisource Finance

    

6.800%, 01/15/19

   470     503

NRG Energy

    

7.375%, 02/01/16

   225     225

Principal Financial Group

    

7.875%, 05/15/14

   290     320

Progress Energy

    

6.050%, 03/15/14

   160     175

RRI Energy

    

7.875%, 06/15/17

   225     221

7.625%, 06/15/14

   175     173

SLM MTN

    

5.050%, 11/14/14

   800     722

Starwood Hotels & Resorts Worldwide

    

7.375%, 11/15/15

   394     407

 

Description

   Face Amount (1)
(Thousands)		   Market Value
($ Thousands)

Time Warner Cable

    

9.125%, 01/15/13

     500   $ 580

7.500%, 04/01/14

     385     444

Union Bank MTN

    

5.950%, 05/11/16

     392     389

Union Carbide

    

7.750%, 10/01/96

     300     230

Union Electric

    

6.700%, 02/01/19

     45     50

United States Steel

    

6.050%, 06/01/17

     615     587

Valero Energy

    

9.375%, 03/15/19

     345     410

Viacom

    

5.625%, 09/15/19

     325     339

Wachovia MTN

    

5.500%, 05/01/13

     415     441

5.350%, 03/15/11

     150     156

Wachovia Capital Trust III

    

5.800%, 03/15/11(B)

     385     295

Wellpoint

    

7.000%, 02/15/19

     90     101

Whirlpool MTN

    

8.600%, 05/01/14

     298     337

Williams

    

7.875%, 09/01/21

     110     126

Xerox

    

7.625%, 06/15/13

     210     214
       

Total Corporate Obligations
(Cost $16,815) ($ Thousands)

     17,195
       

ASSET-BACKED SECURITIES — 2.3%

Automotive — 0.8%

Auto Compartiment, Ser 2006-1, Cl B

    

0.983%, 07/25/17 (B)

     500     595

Auto Compartiment, Ser 2007-1, Cl A

    

0.825%, 02/25/19 (B)

     1,000     1,404

FTA Santander Auto, Ser 1, Cl A

    

0.774%, 11/25/21 (B)

     359     510

Hyundai Auto Receivables Trust, Ser 2009-A, Cl A2

    

1.110%, 02/15/12

     1,020     1,021

Santander Consumer Finance, Ser 2007-1, Cl A

    

0.916%, 09/20/22

     290     404
       
      3,934
       

Credit Card — 0.5%

Citibank Credit Card Issuance Trust, Ser A4, Cl A4

    

5.375%, 04/10/13

   EUR   1,900     2,787
       

Mortgage Related Securities — 0.3%

Countrywide Asset-Backed Certificates, Ser 2007-2, Cl 2A1

    

0.281%, 08/25/37 (B)

     1,015     973

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    10

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

December 31, 2009

 

Description

   Face Amount (1)
(Thousands)		   Market Value ($
Thousands)

Soundview Home Equity Loan Trust, Ser 2007-NS1, Cl A1

    

0.351%, 01/25/37 (B)

   699   $ 655
       
      1,628
       

Other Asset-Backed Securities — 0.7%

    

Amstel Corporate Loan Offering, Ser 2007-1, Cl A2

    

0.886%, 03/25/17 (B)(D)

   917     1,039

COMIT, Ser 1, Cl C

    

1.006%, 06/29/13 (B)

   79     56

Lambda Finance, Ser 2005-1X, Cl A2

    

0.954%, 11/15/29 (B)

   738     1,016

Mermaid Secured Finance, Ser 2007-1, Cl C

    

1.224%, 01/30/40 (B)

   100     139

Mermaid Secured Finance, Ser 2007-1, Cl D

    

1.024%, 01/30/40 (B)

   100     140

Prime Bricks, Ser 2007-1, Cl B

    

1.024%, 01/30/40 (B)

   350     491

Prime Bricks, Ser 2007-1, Cl C

    

1.224%, 01/30/40 (B)

   100     139

SLM Student Loan Trust, Ser 2008- 5, Cl A4

    

1.382%, 10/25/16

   800     812

Whinstone Capital Management, Ser 1X, Cl B1

    

1.494%, 10/25/45 (B)

   140     57
       
      3,889
       

Total Asset-Backed Securities
(Cost $12,040) ($ Thousands)

       12,238
       

U.S. TREASURY OBLIGATIONS — 1.3%

    

U.S. Treasury Bonds

    

4.250%, 05/15/39

   960     901

3.500%, 02/15/39

   75     61

U.S. Treasury Notes

    

4.500%, 11/15/15

   1,100     1,191

2.625%, 07/31/14

   700     703

2.000%, 11/30/13

   4,300     4,279
       

Total U.S. Treasury Obligations
(Cost $7,225) ($ Thousands)

     7,135
       

Total Investments — 88.7%
(Cost $469,991) ($ Thousands)§

   $ 474,926
       

 

A summary of the outstanding forward foreign currency contracts held by the Fund at December 31, 2009, is as follows:

 

Settlement Date

   Currency to
Deliver
(Thousands)		   Currency to Receive
(Thousands)		   Unrealized
Appreciation
(Depreciation)
($ Thousands)		  

1/5/10

   BRL 2,729   USD 1,566   $ 1   

1/5/10

   USD 1,549   BRL 2,729     15   

1/6/10

   PLN 2,522   USD 902     21   

1/7/10-2/3/10

   MXP 19,808   USD 1,520     6   

1/7/10-3/17/10

   CAD 26,975   USD 25,594     (140 ) 

1/7/10-3/17/10

   EUR 223,273   USD 328,429     8,123   

1/7/10-3/17/10

   GBP 35,409   USD 57,844     673   

1/7/10-3/17/10

   JPY 8,282,543   USD 92,370     3,384   

1/7/10-3/17/10

   NOK 11,398   USD 1,960     (8 ) 

1/7/10-3/17/10

   SEK 60,079   USD 8,524     106   

1/7/10-3/17/10

   USD 10,392   CAD 10,927     32   

1/7/10-3/17/10

   USD 118,765   EUR 82,480     (431 ) 

1/7/10-3/17/10

   USD 30,503   GBP 18,861     (51 ) 

1/7/10-3/17/10

   USD 59,271   JPY 5,391,686     (1,337 ) 

1/7/10-3/17/10

   USD 922   MXP 12,043     (1 ) 

1/7/10-3/17/10

   USD 34,613   NOK 197,307     (527 ) 

1/14/10

   JPY 154,450   KRW 1,988,696     50   

1/19/10

   DKK 4,648   USD 930     34   

1/21/10-3/17/10

   USD 2,379   NZD 3,323     28   

1/25/10

   USD 993   TWD 31,880     14   

1/26/10

   HUF 211,150   EUR 768     (18 ) 

1/26/10-3/17/10

   HUF 152,889   USD 834     23   

1/26/10-3/17/10

   USD 1,953   HUF 378,523     54   

2/3/10

   PLN 4,793   EUR 1,141     (36 ) 

2/3/10-3/17/10

   USD 2,081   PLN 5,783     (64 ) 

2/5/10-3/17/10

   USD 7,150   CHF 7,223     (159 ) 

2/10/10-3/17/10

   USD 4,626   AUD 5,142     (29 ) 

3/1/10-3/17/10

   CHF 33,442   USD 32,899     527   

3/1/10-3/17/10

   USD 30,286   SEK 213,385     (383 ) 

3/17/10

   AUD 3,376   USD 3,014     2   

3/17/10

   CZK 13,061   USD 724     14   

3/17/10

   KRW 192,300   USD 162     (4 ) 

3/17/10

   NZD 2,115   USD 1,494     (36 ) 

3/17/10

   SGD 2,613   USD 1,881     20   

3/17/10

   USD 306   CZK 5,596     (2 ) 

3/17/10

   USD 369   DKK 1,899     (3 ) 

3/17/10

   USD 2,875   KRW   3,349,880     15   

3/17/10

   USD 176   MYR 599     (2 ) 

3/17/10

   USD 302   SGD 420     (3 ) 

3/17/10

   ZAR 426   USD 56     (1 ) 
           
      $ 9,907   
           

A summary of the open futures contracts held by the Fund at December 31, 2009, is as follows:

 

Type of Contract

    Number of
Contracts
Long (Short)		     Expiration
Date		    Unrealized
Appreciation
(Depreciation)
($ Thousands)		  

Australian 10-Year Bond

    (19 )    Mar-2010    $ 16   

Australian 3-Year Bond

    8      Mar-2010      2   

Canadian 10-Year Bond

    13      Mar-2010      (24 ) 

Euro-Bobl

    22      Mar-2010      (15 ) 

Euro-Bund

    29      Mar-2010      (53 ) 

Euro-Bund

    (29 )    Mar-2010      38   

Euro-Buxl 30 Year Bond

    (9 )    Mar-2010      18   

Euro-Schatz

    15      Mar-2010      1   

Japanese 10-Year Bond

    6      Mar-2010      —     

Long Gilt 10-Year Bond

    24      Mar-2010      (34 ) 

U.S. 10-Year Treasury Note

    (113 )    Mar-2010      251   

U.S. 2-Year Treasury Note

    (21 )    Apr-2010      26   

U.S. 5-Year Treasury Note

    (103 )    Apr-2010      131   

U.S. 5-Year Treasury Note

    (76 )    Mar-2010      139   

U.S. Long Treasury Bond

    (26 )    Mar-2010      127   

U.S. Long Treasury Bond

    4      Mar-2010      —     
             
        $ 623   
             

For the year ended December 31, 2009, the total amount of all open futures contracts, as presented in the table above, are representative of the volume of activity for this derviative type during the period.


 

 

11    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

A summary of outstanding swap agreements held by the Fund at December 31, 2009, is as follows:

 

Credit Default Swaps

  

Counterparty

   

Reference Entity/Obligation

    Buy/Sell
Protection		    (Pays)/Receives
Rate		     Termination
Date		    Notional
Amount
(Thousands)		     Net
Unrealized
Appreciation
(Depreciation)
($Thousands)		  
Deutsche Bank    Wolters Kluwer, 5.125% 01/27/14    BUY    (0.90 )    03/20/14    EUR 1,400      $ (41 ) 
HSBC    Autozone Inc., 5.500% 11/15/15    BUY    (1.00 )    03/20/15      650        (1 ) 
JPMorgan Chase Bank    Itraxx Europe Crossover Series 9 Version 3    SELL    6.50      06/20/13    EUR   (4,700 )      470   
Morgan Stanley    Prudential Financial 4.500% 07/15/13    SELL    5.00      09/20/14      (350 )      58   
Morgan Stanley    Spanish Government, 5.500% 07/30/17    BUY    (1.00 )    09/20/14      4,100        63   
                     
                $ 549   
                     

 

Interest Rate Swaps

  

Counterparty

   

Fund Pays

   

Fund Receives

    Termination
Date		    Notional Amount
(Thousands)		    Net
Unrealized
Appreciation
(Depreciation)
($Thousands)		  

Citigroup

    3.79%    6-Month GBP LIBOR    05/19/19    GBP 2,500,000    $ 76   

Deutsche Bank

    3.45%    6-Month EUR LIBOR    10/16/19    EUR 3,400,000      24   

Deutsche Bank

    6-Month EURIBOR    4.17%    03/28/13    EUR 7,000,000      863   

Deutsche Bank

    4.31%    6-Month EURIBOR    04/07/10    EUR 6,500,000      (355 ) 

JPMorgan Chase Bank

    6-Month JPY LIBOR    2.22%    03/26/27    JPY 750,000,000      285   

JPMorgan Chase Bank

    6-Month EURIBOR    4.38%    01/07/13    EUR 5,400,000      762   

JPMorgan Chase Bank

    4.20%    6-Month EURIBOR    03/30/12    EUR 3,000,000      (334 ) 

JPMorgan Chase Bank

    6-Month JPY LIBOR    1.29%    03/26/12    JPY   1,300,000,000      268   

JPMorgan Chase Bank

    3.91%    6-Month EURIBOR    03/13/10    EUR 6,500,000      (322 ) 
                    
               $ 1,267   
                    

The following is a summary of the inputs used as of December 31, 2009 in valuing the Fund’s investments carried at value ($ Thousands):

 

      Level 1    Level 2    Level 3    Total

Investments in Securities

            

Global Bonds

    $ —      $ 415,767    $ 5    $ 415,772

Mortgage-Backed Securities

      —        22,586      —        22,586

Corporate Obligations

      —        17,195      —        17,195

Asset-Backed Securities

      —        12,238      —        12,238

U.S. Treasury Obligations

      —        7,135      —        7,135
                           

Total Investments in Securities

    $ —      $ 474,921    $ 5    $ 474,926
                           
      Level 1    Level 2    Level 3    Total

Other Financial Instruments

            

Futures

    $ 623    $ —      $ —      $ 623

Forwards

      —        9,907      —        9,907

Credit Default Swaps

      —        549      —        549

Interest Rate Swaps

      —        1,267      —        1,267
                           

Total Other Financial Instruments

    $ 623    $ 11,723    $ —      $ 12,346
                           

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    12

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

December 31, 2009

 

     Global
Bonds		  

Beginning balance as of October 1, 2009

    $ 5   

Accrued discounts/premiums

      —     

Realized gain/(loss)

      (10 ) 

Change in unrealized appreciation/(depreciation)

      10   

Net purchases/sales

      —     

Net transfer in and/or out of Level 3

      —     
        

Ending balance as of December 31, 2009

    $ 5   
        

Changes in unrealized gains/(losses) included in earnings related to securities still held at reporting date

    $ 10   
        

 

Percentages are based on a Net Assets of $535,518 ($ Thousands).

 

(1) In local currency unless otherwise indicated.
(A) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” These securities have been determined to be liquid under guidelines established by the board of Trustees.
(B) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effect as of December 31, 2009.
(C) Security in default on interest payments.
(D) Security considered illiquid. The total market value of the security as of December 31, 2009 was $1,039 ($ Thousands) and represented 0.2% of Net Assets.
§ At December 31, 2009, the tax basis cost of the Fund’s investments was $469,991 ($ Thousands), and the unrealized appreciation and depreciation were $18,973 ($ Thousands) and ($14,038) ($ Thousands) respectively.

AUD — Australian Dollar

BRL — Brazilian Real

CAD — Canadian Dollar

CHF — Swiss Franc

Cl — Class

CPI — Consumer Price Index

CZK — Czech Koruna

DKK — Danish Krone

EURIBOR — Euro London Interbank Offered Rate

EUR — Euro

GBP — British Pound Sterling

HUF — Hungarian Forint

JPY — Japanese Yen

KRW — Korean Won

LIBOR — London Interbank Offered Rate

MTN — Medium Term Note

MXP — Mexican Peso

MYR — Malaysian Ringgit

NOK — Norwegian Krone

NZD — New Zealand Dollar

PLN — Polish Zloty

SEK — Swedish Krone

Ser — Series

SGD — Singapore Dollar

TWD — Taiwan Dollar

USD — U.S. Dollar

ZAR — South African Rand

Amounts designated as “—” are $O or have been rounded to $O.

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.

 

 

13    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Credit Default Swaps

On September 12, 2008, the FASB issued FASB Staff Position (“FSP”) No. FAS 133-1 and FASB Interpretation Number (“FIN”) 45-4 (“FSP 133-1”), Disclosures about Credit Derivatives and Certain Guarantees: An Amendment of FASB Statement No. 133 and FASB Interpretation No. 45; and Clarification of the Effective Date of FASB Statement No. 161. The FSP is intended to improve disclosures about credit derivatives by requiring more information about the potential adverse effects of changes in credit risk on the financial position, financial performance, and cash flows of the sellers of credit derivatives. It amends FASB Statement No. 133, Accounting for Derivative Instruments and Hedging Activities, to require disclosures by sellers of credit derivatives, including credit derivatives embedded in hybrid instruments. The FSP also amends FIN 45, Guarantor’s Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness to Others, to require an additional disclosure about the current status of the payment/performance risk of a guarantee. FSP 133-1 and FIN 45-4 is effective for reporting periods (annual or interim) ending after November 15, 2008. Management of the Fund is currently assessing the impact of adopting FSP No. FAS 133-1 and FIN 45-4.

The Fund enters into credit default swaps to simulate long and short bond positions that are either unavailable or considered to be less attractively priced in the bond market. The Fund uses these swaps to reduce risk where the Fund has exposure to the issuer, or to take an active long or short position with respect to the likelihood of an event of default. The reference obligation of the swap can be a single issuer, a “basket” of issuers, or an index. The underlying referenced assets are corporate debt, sovereign debt and asset backed securities.

The buyer of a credit default swap is generally obligated to pay the seller a periodic stream of payments over the term of the contract in return for a contingent payment upon the occurrence of a credit event with respect to an underlying reference obligation. Generally, a credit event for corporate or sovereign reference obligations means bankruptcy, failure to pay, obligation acceleration, repudiation/moratorium or restructuring. For credit default swaps on asset-backed securities, a credit event may be triggered by events such as failure to pay principal, maturity extension, rating downgrade or write-down. If a credit event occurs, the seller typically must pay the contingent payment to the buyer, which is typically the par value (full notional value) of the reference obligation, though the actual payment may be mitigated by terms of the International Swaps and Derivative Agreement (“ISDA”), allowing for netting arrangements and collateral. After a credit event occurs, this amount may be reduced by anticipated recovery rates, segregated collateral and netting arrangements that may incorporate multiple transactions with a given counterparty.

The contingent payment may be a cash settlement or a physical delivery of the reference obligation in return for payment of the face amount of the obligation. If the Fund is a buyer and no credit event occurs, the Fund may lose its investment and recover nothing. However, if a credit event occurs, the buyer typically receives full notional value for a reference obligation that may have little or no value. As a seller, the Buyer receives a fixed rate of income throughout the term of the contract, which typically is between one month and five years, provided that no credit event occurs. If a credit event occurs, the seller may pay the buyer the full notional value of the reference obligation.

As of December 31, 2009, the Fund is the buyer (“receiving protection”)1 on a total notional amount of $6.2 million and is the seller (“providing protection”) on a total notional amount of $5.1 million. The notional amounts of the swaps are not recorded in the financial statements; however the notional amount does approximate the maximum potential amount of future payments that the Partnership could be required to make if the Partnership were the seller of protection and a credit event were to occur. Those credit default swaps for which the Partnership is providing protection at balance sheet date are summarized as follows:

 

WRITTEN CREDIT DERIVATIVE CONTRACTS

    SINGLE NAME CDS    CREDIT DEFAULT
SWAP INDEX		     

REFERENCE ASSET

    CORP US$    SOVEREIGN US$    ABS US$    CORP US$    Total

Fair value written credit derivatives

    $ 56,183    —      —      $ 427,577    $ 483,760

Maximum potential amount of future payments

    $ 350,000    —      —      $ 6,870,039    $ 7,220,039

Recourse provisions with third parties to recover any amounts paid under the credit derivative (including any purchased credit protection)2

      —      —      —        —        —  

Collateral held by the partnership can obtain upon occurrence of triggering event

      —      —      —      $ 163,626    $ 163,626

 

1

Potential recoveries would include purchased credit derivatives to the extent they offset written credit derivatives which have an identical underlying, or a netting arrangement or credit support annex with the counterparty. There may be other potential recoveries from recourse provisions where agreements cover multiple derivative arrangements but those amounts have not been included.

MAXIMUM POTENTIAL AMOUNT OF FUTURE PAYMENTS BY CONTRACT TERM

 

     0-6 MONTHS    6-12 MONTHS    1-5 YEARS    5-10 YEARS    > 10 YEARS    TOTAL

Current credit spread* on underlying (in basis points)

                  

0-100

      —        —        —        —        —        —  

101-250

      —        —      $ 350,000      —        —      $ 350,000

251-500

      —        —      $ 6,870,039      —        —      $ 6,870,039

501-1000

      —        —        —        —        —        —  

> than 1,000

      —        —        —        —        —        —  
                                         

Total

    $ —      $ —      $ 7,220,039    $ —      $ —      $ 7,220,039
                                         

 

* The credit spread on the underlying asset is generally indicative of the current status of the underlying risk of the Fund having to perform. The spread also reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into a contract. Higher credit spreads with a shorter contract term is indicative of a higher likelihood of performance by the Fund.

The credit spread disclosed above for each reference obligation where the Fund is the seller of protection is a representation of the current payment/performance risk of the swap.

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    14

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

December 31, 2009

 

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

GLOBAL BONDS — 89.7%

    

Argentina — 5.7%

    

Alto Parana

    

6.375%, 06/09/17(A)

     440   $ 445

Province of Buenos Aires

    

9.625%, 04/18/28(A)

     1,605     1,027

9.625%, 04/18/28

     695     445

9.375%, 09/14/18

     470     320

3.000%, 05/15/35

     1,200     402

Province of Medoza

    

5.500%, 09/04/18

     370     263

Provincia Del Neuquen

    

8.656%, 10/18/14(A)

     185     188

Republic of Argentina

    

12.000%, 09/19/16(B)

     1,000     288

11.750%, 05/20/11(B)

     2,554     763

10.139%, 12/15/35(C)

     3,655     212

10.000%, 01/03/07(B)

   ITL   3,000,000     906

9.250%, 07/20/04(B)

     1,375     779

9.000%, 07/01/11

     1,125     646

9.000%, 05/26/49(B)

     2,650     1,603

9.000%, 05/24/49(B)

     1,400     879

8.750%, 02/04/49(B)

     1,375     794

8.500%, 07/01/49(B)

     775     441

8.500%, 07/30/10(B)

     2,000     1,141

8.280%, 12/31/33

     6,278     4,693

8.125%, 04/21/49(B)

     4,200     2,546

8.000%, 02/25/32(B)

     864     502

8.000%, 02/26/08(B)

     1,000     581

7.820%, 12/31/33

     1,597     1,386

7.625%, 03/31/05(B)

     1,120     504

7.625%, 08/11/07(B)

   ITL 2,325,000     657

7.000%, 10/03/15

     12,835     10,761

7.000%, 09/12/13

     1,200     1,086

7.000%, 03/18/49(B)

   ITL 1,475,000     415

3.169%, 12/15/35(C)

     7,705     495

2.500%, 03/31/19(D)

     10,390     3,610

0.943%, 08/03/12(C)

     18,240     6,284

0.000%, 07/13/49(B)

   ITL 3,245,000     902

Transportadora Gas Norte

    

7.500%, 12/31/12(B)

     420     185

7.500%, 12/31/12(B)(D)

     130     57

7.500%, 12/31/12(A)(B)(D)

     260     114

6.500%, 12/31/12(B)(D)

     81     36

6.500%, 12/31/12(B)(D)

     72     32

6.500%, 12/31/12(A)(B)(D)

     30     13
       
      46,401
       

Barbados — 0.2%

    

Columbus International

    

11.500%, 11/20/14(A)

     1,600     1,680
       

 

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

Belize — 0.0%

    

Government of Belize

    

4.250%, 02/20/29

     400   $ 220
       

Bosnia and Herzegovina — 0.2%

    

Republic of Bosnia & Herzegovina

    

1.813%, 12/11/17(C)

   DEM 2,300     1,257
       

Brazil — 8.7%

    

Banco Bradesco

    

6.750%, 09/29/19(A)

     146     152

Banco Nacional de Desenvolvimento Economico e Social

    

6.500%, 06/10/19(A)

     2,325     2,499

Federal Republic of Brazil

    

12.250%, 03/06/30

     175     306

11.000%, 08/17/40

     12,607     16,799

10.125%, 05/15/27

     4,885     7,181

8.875%, 04/15/24

     2,720     3,536

8.750%, 02/04/25

     3,285     4,254

8.250%, 01/20/34

     5,290     6,758

8.000%, 01/15/18

     1,794     2,048

7.125%, 01/20/37

     4,085     4,688

6.000%, 01/17/17

     2,600     2,808

5.875%, 01/15/19

     1,250     1,331

Fibria Overseas Finance

    

9.250%, 10/30/19(A)

     890     999

Nota Do Tesouro Nacional

    

10.000%, 01/01/17

     31,526     16,440

Petrobras

    

7.875%, 03/15/19

     555     640

Voto-Votorantim

    

6.625%, 09/25/19(A)

     490     491
       
      70,930
       

Chile — 0.2%

    

Empresa Nacional del Petroleo

    

6.250%, 07/08/19(A)

     900     936

Nacional del Cobre de Chile

    

7.500%, 01/15/19

     600     703
       
      1,639
       

Colombia — 4.3%

    

Bogota Distrio Capital

    

9.750%, 07/26/28(A)

   COP   9,241,000     5,015

Colombia Government International Bond

    

6.125%, 01/18/41

     775     719

Ecopetrol

    

7.625%, 07/23/19(A)

     500     554

 

 

1    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

Republic of Colombia

    

11.750%, 02/25/20

     2,095   $ 3,022

10.375%, 01/28/33

     450     635

9.850%, 06/28/27

   COP   2,056,000     1,167

8.125%, 05/21/24

     3,150     3,733

7.375%, 01/27/17

     3,925     4,426

7.375%, 09/18/37

     10,225     11,145

7.375%, 03/18/19

     4,395     4,977
       
      35,393
       

Croatia — 0.3%

    

Government of Croatia

    

6.750%, 11/05/19(A)

     840     905

Zagrebacki Holding

    

5.500%, 07/10/17

     1,100     1,253
       
      2,158
       

Czech Republic — 0.1%

    

Central European Media Enterprises

    

11.625%, 09/15/16(A)

     450     620
       

Dominican Republic — 0.0%

    

Republic of Dominican Republic

    

9.040%, 01/23/18

     16     18
       

Ecuador — 0.1%

    

Republic of Ecuador Registered

    

9.375%, 12/15/15

     1,100     1,034
       

El Salvador — 1.0%

    

Republic of El Salvador

    

8.250%, 04/10/32

     200     208

7.750%, 01/24/23

     595     634

7.650%, 06/15/35

     5,811     5,724

7.375%, 12/01/19(A)

     1,330     1,366
       
      7,932
       

Gabon — 0.2%

    

Republic of Gabon

    

8.200%, 12/12/17(A)

     1,747     1,830
       

Georgia — 0.5%

    

BG Finance for JSC Bank of Georgia

    

9.000%, 02/08/12

     1,850     1,781

Republic of Georgia

    

7.500%, 04/15/13

     2,600     2,626
       
      4,407
       

Ghana — 0.2%

    

Republic of Ghana

    

8.500%, 10/04/17(A)

     720     736

8.500%, 10/04/17

     950     972
       
      1,708
       

 

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

India — 0.2%

    

Vedanta Resources

    

9.500%, 07/18/18(A)

   1,965   $ 1,994
       

Indonesia — 7.2%

    

Indonesia Treasury Bond

    

11.000%, 11/15/20

   14,300,000     1,617

JPMorgan Chase Bank MTN

    

12.800%, 06/17/21(C) IDR

   38,400,000     4,823

Majapahit Holding

    

8.000%, 08/07/19(A)

   1,020     1,076

7.875%, 06/29/37(A)

   355     348

7.750%, 10/17/16

   180     191

7.750%, 10/17/16

   1,100     1,166

7.750%, 01/20/20(A)

   2,440     2,556

7.250%, 10/17/11

   650     680

PT Adaro

    

7.625%, 10/22/19

   1,195     1,182

Republic of Indonesia

    

11.625%, 03/04/19(A)

   2,975     4,269

11.625%, 03/04/19

   2,250     3,229

10.375%, 05/04/14(A)

   200     246

10.375%, 05/04/14

   300     372

8.500%, 10/12/35

   3,550     4,251

7.750%, 01/17/38

   18,911     21,275

7.500%, 01/15/16

   2,100     2,382

7.250%, 04/20/15

   1,730     1,954

6.875%, 01/17/18

   2,330     2,551

6.750%, 03/10/14

   700     764

6.750%, 03/10/14(A)

   1,100     1,205

6.625%, 02/17/37

   2,350     2,303

6.625%, 02/17/37(A)

   300     294
       
      58,734
       

Iraq — 1.0%

    

Republic of Iraq

    

5.800%, 01/15/28

   10,550     8,071
       

Ivory Coast — 0.1%

    

Republic of Ivory Coast

    

4.000%, 03/30/18(B)

   4,300     395
       

Jamaica — 0.1%

    

Digicel Group

    

8.875%, 01/15/15(A)

   550     534
       

Kazakhstan — 3.2%

    

CenterCredit International

    

8.625%, 01/30/14

   1,250     1,179

Citigroup Global Markets for JSC Kazkommertsbank

    

8.700%, 04/07/14(C)

   1,300     1,053

HSBK Europe

    

9.250%, 10/16/13

   675     688

7.750%, 05/13/13

   150     145

7.250%, 05/03/17

   460     416

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    2

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

December 31, 2009

 

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

Kazkommerts International MTN

    

8.500%, 04/16/13

     550   $ 490

8.000%, 11/03/15

     1,400     1,172

7.875%, 04/07/14

     750     645

7.500%, 11/29/16

     1,950     1,558

6.875%, 02/13/17

     450     491

Kazkommerts International BV

    

8.500%, 04/16/13

     600     534

KazMunaiGaz Finance Sub MTN

    

11.750%, 01/23/15(A)

     3,280     3,952

9.125%, 07/02/18(A)

     3,815     4,235

9.125%, 07/02/18

     4,300     4,773

8.375%, 07/02/13

     4,185     4,509

Tengizchevroil Finance

    

6.124%, 11/15/14

     357     357
       
      26,197
       

Lebanon — 0.0%

    

Republic of Lebanon MTN

    

8.250%, 04/12/21

     250     276
       

Lithuania — 0.1%

    

Republic of Lithuania

    

6.750%, 01/15/15(A)

     1,150     1,171
       

Malaysia — 2.8%

    

Government of Malaysia

    

4.378%, 11/29/19

     10,580     3,105

Petroliam Nasional

    

7.750%, 08/15/15

     705     833

7.625%, 10/15/26

     395     479

Petronas Capital

    

7.875%, 05/22/22

     6,255     7,577

7.875%, 05/22/22(A)

     400     483

7.875%, 05/22/22

     1,000     1,211

5.250%, 08/12/19(A)

     8,845     8,887
       
      22,575
       

Mexico — 8.2%

    

EUR Capital

    

6.277%, 05/09/49(C)

     1,350     1,298

Grupo Senda

    

10.500%, 10/03/15

     3,865     3,131

Mexican Bonos

    

8.500%, 12/13/18

   MXP   34,890     2,778

8.500%, 05/31/29

   MXP 37,020     2,813

7.500%, 06/03/27

   MXP 45,880     3,265

NII Capital

    

10.000%, 08/15/16

     3,700     3,834

Oceanografia

    

11.250%, 07/15/15

     1,029     560

Pemex Project Funding Master Trust

    

6.625%, 06/15/35

     450     428

5.750%, 03/01/18

     1,505     1,522

 

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

United Mexican States

    

8.300%, 08/15/31

   10,385   $ 12,839

8.125%, 12/30/19(E)

   3,115     3,773

7.500%, 04/08/33

   3,665     4,206

6.625%, 03/03/15

   2,950     3,274

6.050%, 01/11/40

   8,084     7,771

5.950%, 03/19/19

   4,176     4,416

5.875%, 02/17/14

   800     870

5.625%, 01/15/17

   4,700     4,900

United Mexican States, Ser A MTN

    

6.750%, 09/27/34

   5,083     5,363
       
      67,041
       

Nigeria — 0.2%

    

GTB Finance

    

8.500%, 01/29/12

   800     788

UBS

    

0.000%, 09/04/17(A)(C)

   750     718
       
      1,506
       

Oman — 0.1%

    

Blue City Investments

    

13.750%, 11/07/13

   2,250     450

4.074%, 11/07/13(C)

   250     63
       
      513
       

Pakistan — 0.6%

    

Republic of Pakistan

    

7.125%, 03/31/16

   2,960     2,566

6.875%, 06/01/17

   2,440     1,952
       
      4,518
       

Panama — 2.2%

    

Republic of Panama

    

9.375%, 04/01/29

   5,932     7,890

9.375%, 01/16/23

   560     735

8.875%, 09/30/27

   450     585

8.125%, 04/28/34

   720     871

7.250%, 03/15/15

   4,865     5,534

6.700%, 01/26/36

   1,860     1,962
       
      17,577
       

Peru — 2.8%

    

Interoceanica IV Finance

    

3.930%, 11/30/25(A)(F)

   936     445

3.930%, 11/30/18(A)(F)

   436     326

Peru Enhanced Pass-Through Finance

    

6.637%, 06/02/25(A)(F)

   320     134

3.999%, 05/31/18(F)

   224     171

3.987%, 05/31/18(A)(F)

   1,341     1,024

 

 

3    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

Republic of Peru

    

8.750%, 11/21/33

   1,155   $ 1,501

8.375%, 05/03/16

   2,150     2,596

7.350%, 07/21/25

   8,045     9,211

7.125%, 03/30/19

   1,545     1,777

6.550%, 03/14/37

   5,555     5,777
       
      22,962
       

Philippines — 5.4%

    

National Power

    

9.625%, 05/15/28

   1,400     1,701

Power Sector

    

7.390%, 12/02/24

   1,020     1,051

7.250%, 05/27/19

   460     493

Republic of the Philippines

    

10.625%, 03/16/25

   3,435     4,860

9.500%, 02/02/30

   3,070     4,075

8.875%, 03/17/15

   450     546

8.375%, 06/17/19

   2,095     2,540

8.250%, 01/15/14

   600     696

8.000%, 01/15/16

   4,200     4,872

7.750%, 01/14/31(E)

   6,123     6,904

7.500%, 09/25/24

   14,006     15,827

6.375%, 10/23/34

   500     490
       
      44,055
       

Poland — 1.9%

    

Republic of Poland

    

6.375%, 07/15/19

   11,965     13,014

Republic of Poland, Ser 1019

    

5.500%, 10/25/19

   4,425     1,458

TVN Finance

    

10.750%, 11/15/17(A)

   800     1,192
       
      15,664
       

Qatar — 1.3%

    

Government of Qatar

    

9.750%, 06/15/30

   425     601

6.400%, 01/20/40(A)

   610     613

5.250%, 01/20/20(A)

   5,715     5,758

Qtel International Finance

    

7.875%, 06/10/19

   2,400     2,690

6.500%, 06/10/14(A)

   500     541
       
      10,203
       

Russia — 10.3%

    

Alfa Diversified Payment Rights Finance MTN

    

2.199%, 12/15/11(A)(C)

   224     193

Alfa Invest MTN

    

9.250%, 06/24/13(A)

   750     754

Bank of Moscow

    

7.500%, 11/25/15(C)

   1,200     1,173

Gaz Capital MTN

    

9.625%, 03/01/13

   1,200     1,336

8.625%, 04/28/34

   920     1,010

6.510%, 03/07/22

   215     198

6.212%, 11/22/16

   600     576

 

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

RSHB Capital

    

9.000%, 06/11/14(A)

   1,100   $ 1,248

7.750%, 05/29/18

   650     709

7.175%, 05/16/13

   100     106

6.299%, 05/15/17

   300     302

RSHB Capital for Russian Agricultural Bank

    

9.000%, 06/11/14

   750     850

Russian Federation Registered

    

12.750%, 06/24/28

   4,460     7,554

7.500%, 03/31/30

   48,538     54,787

Teorema

    

11.000%, 10/27/09(B)

   3,400     170

Transneft

    

8.700%, 08/07/18(A)

   775     888

7.700%, 08/07/13(A)

   150     161

Vimpel Communications

    

9.125%, 04/30/18(A)

   1,155     1,233

9.125%, 04/30/18

   350     373

8.375%, 04/30/13(A)

   900     952

8.250%, 05/23/16

   570     588

VTB Capital

    

6.875%, 05/29/18

   5,900     5,870

6.609%, 10/31/12(A)

   3,200     3,260
       
      84,291
       

Singapore — 0.2%

    

Sea Product

    

4.700%, 02/14/12

   2,500     1,750
       

South Africa — 1.5%

    

Edcon Proprietary

    

3.964%, 06/15/14(C)

   1,800     1,635

PE Paper

    

12.000%, 08/01/14

   700     771

Republic of South Africa

    

8.500%, 06/23/17

   860     1,032

6.875%, 05/27/19

   2,130     2,391

6.500%, 06/02/14

   3,295     3,608

5.875%, 05/30/22

   2,400     2,426
       
      11,863
       

South Korea — 0.6%

    

Export-Import Bank of Korea

    

8.125%, 01/21/14

   720     836

5.875%, 01/14/15

   995     1,068

Korea Development Bank

    

8.000%, 01/23/14

   865     997

Korea Power

    

6.250%, 06/17/14

   750     818

Republic of Korea

    

7.125%, 04/16/19

   900     1,030
       
      4,749
       

Sri Lanka — 0.1%

    

Democratic Socialist Republic of Sri Lanka

    

7.400%, 01/22/15(A)

   450     467
       

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    4

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

December 31, 2009

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

Supra-National — 0.1%

    

Andina de Fomento

    

8.125%, 06/04/19

   485   $ 560

Central American Bank for Economic Integration

    

5.375%, 09/24/14(A)

   300     308

Eurasian Development Bank MTN

    

7.375%, 09/29/14(A)

   275     286
       
      1,154
       

Thailand — 0.1%

    

True Move

    

10.750%, 12/16/13(A)

   1,250     1,193
       

Trinidad & Tobago — 0.4%

   

Petroleum of Trinidad & Tobago

    

6.000%, 05/08/22

   2,355     2,190

6.000%, 05/08/22(A)

   800     744

Petrotrin

    

9.750%, 08/14/19(A)

   490     548
       
      3,482
       

Tunisia — 0.2%

    

Banque Centrale de Tunisie

    

8.250%, 09/19/27

   800     964

7.375%, 04/25/12

   865     936
       
      1,900
       

Turkey — 4.8%

    

Globus Capital Finance

    

8.500%, 03/05/12

   500     420

Republic of Turkey

    

11.875%, 01/15/30

   650     1,050

9.500%, 01/15/14

   750     900

8.000%, 02/14/34

   2,200     2,541

7.500%, 07/14/17

   1,450     1,646

7.500%, 11/07/19

   3,005     3,388

7.375%, 02/05/25

   3,820     4,221

7.250%, 03/15/15

   6,665     7,465

7.250%, 03/05/38

   2,020     2,146

7.000%, 06/05/20

   200     218

7.000%, 09/26/16

   1,500     1,657

7.000%, 03/11/19

   1,800     1,962

6.875%, 03/17/36(E)

   6,220     6,329

6.750%, 04/03/18

   4,750     5,154
       
      39,097
       

Ukraine — 2.5%

    

Credit Suisse First Boston International (Export/Import - Ukraine)

    

8.000%, 11/06/15

   750     503

6.800%, 10/04/12

   600     483

Credit Suisse International for JSC Bank for Social Development Ukrsotsbank

    

8.000%, 02/22/10

   1,600     1,612

 

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

Government of Ukraine

    

7.650%, 06/11/13

     3,580   $ 3,052

6.580%, 11/21/16

     500     382

6.580%, 11/21/16(A)

     2,240     1,680

JSC Commercial Bank

    

8.000%, 02/06/12

     2,000     1,490

MHP

    

10.250%, 11/30/11

     1,250     1,139

NAK Naftogaz Ukraine

    

9.500%, 09/30/14

     5,450     4,605

Springvale Holdings

    

9.181%, 09/07/09(B)(C)

     1,000     75

Ukraine Government International Bond

    

3.200%, 12/19/10(A)

     550,000     5,030
       
      20,051
       

United Arab Emirates — 1.5%

    

Dolphin Energy

    

5.888%, 06/15/19(A)

     644     650

5.888%, 06/15/19

     1,043     1,053

Dubai Holding Commercial Operations MTN

    

4.750%, 01/30/14

     1,400     1,235

Emirate of Abu Dhabi

    

6.750%, 04/08/19(A)

     970     1,064

Jafz Sukuk

    

3.446%, 11/27/12(C)

   AED
 		  
  31,500		     6,732

MDC-GMTN

    

7.625%, 05/06/19

     850     907

Nakheel Development

    

2.750%, 01/16/11

     950     569
       
      12,210
       

Uruguay — 3.0%

    

Republic of Uruguay PIK

    

7.875%, 01/15/33

     2,863     3,164

Republic of Uruguay

    

9.250%, 05/17/17

     3,675     4,529

8.000%, 11/18/22

     11,420     13,076

7.625%, 03/21/36

     2,600     2,815

6.875%, 09/28/25

     701     736
       
      24,320
       

Venezuela — 5.0%

    

Bolivarian Republic of Venezuela

    

13.625%, 08/15/18

     600     546

10.750%, 09/19/13

     200     176

9.375%, 01/13/34

     2,230     1,500

9.250%, 05/07/28

     4,730     3,181

9.250%, 09/15/27

     1,470     1,073

9.000%, 05/07/23

     4,820     3,241

8.500%, 10/08/14

     10,751     8,466

8.250%, 10/13/24

     1,350     834

7.650%, 04/21/25

     3,700     2,183

7.000%, 03/31/38

     100     55

6.000%, 12/09/20

     2,020     1,111

5.750%, 02/26/16

     3,000     1,950

1.283%, 04/20/11(C)

     15,616     13,742

 

 

5    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

Petroleos De Venezuela

    

5.375%, 04/12/27

     2,555   $ 1,137

5.250%, 04/12/17

     3,585     1,972
       
      41,167
       

Vietnam — 0.2%

    

Republic of Vietnam

    

6.875%, 01/15/16

     1,615     1,659
       

Yemen — 0.1%

    

Pemberley MTN

    

11.500%, 02/19/14(A)(B)

     1,250     725

0.000%, 02/25/20(A)(C)

     1,250     —  
       
      725
       

Total Global Bonds
(Cost $677,023) ($ Thousands)

       731,291
       

LOAN PARTICIPATIONS — 3.8%

    

Angola — 0.2%

    

Republic of Angola

    

2.998%, 04/30/16

   EUR 1,300     1,513
       

Cambodia — 0.3%

    

Camgsm PIK

    

12.731%, 05/25/11

     2,107     2,107
       

Georgia — 0.0%

    

Ashmore Cayman

    

0.000%, 04/16/14 (F)

     221     119
       

Indonesia — 0.6%

    

Indonesia Standby Loan 94 (Counterparty: Deutsche Bank)

    

1.187%, 12/31/49

     2,457     2,211

Star Energy

    

19.000%, 01/13/10

     3,200     3,200
       
      5,411
       

Mexico — 0.3%

    

Altos Hornos Promissory Note # 5

    

0.000%, 04/29/99 (B)

     2,500     350

Altos Hornos Promissory Note # 6

    

0.000%, 04/29/99 (B)

     2,500     350

Altos Hornos Promissory Note (Counterparty: Deustche Bank)

    

0.000%, 12/31/49 (B)

     4,500     630

Altos Hornos Tranche A (Counterparty: Bank of America)

    

0.000%, 04/11/04 (B)

     6,540     916
       
      2,246
       

Nigeria — 0.4%

    

Oando

    

13.900%, 02/23/10

     229,710     1,521

 

Description

   Face Amount(1)
(Thousands)		   Market Value
($ Thousands)

13.900%, 03/02/10

   229,710   $ 1,522
       
      3,043
       

Russia — 0.2%

    

Snegri

    

10.500%, 04/21/10

   2,510     1,983
       

Singapore — 1.4%

    

Connect International PIK

    

0.000%, 01/01/10 (B)

   9,128     8,287

Morton Bay

    

6.243%, 12/30/09

   3,193     3,193
       
      11,480
       

Turkey — 0.4%

    

Cukurova, Ser B

    

8.493%, 05/01/12

   4,015     3,312
       

Total Loan Participations
(Cost $35,944) ($ Thousands)

       31,214
       

CONVERTIBLE BONDS — 0.6%

    

Firstsource CV to 42,549.14

    

5.962%, 12/04/12 (F)

   1,800     1,589

Reliance Communications

    

9.956%, 03/01/12 (F)

   1,200     1,238

Suzlon Energy

    

1.835%, 06/12/12

   2,054     1,944

9.172%, 07/25/14

   450     431
       

Total Convertible Bonds
(Cost $5,114) ($ Thousands)

       5,202
       

DEPOSIT WITH COUNTERPARTY AS COLLATERAL FOR SWAP CONTRACTS(G) — 0.1%

    

United States — 0.1%

    

Deposits with Merrill Lynch as Collateral for Swap Contracts Outstanding

   909     909
       

Total Deposit with Counterparty as Collateral for Swap Contracts
(Cost $909) ($ Thousands)

       909
       
    Number Of
Warrants		    

WARRANTS — 0.0%

    

Russia — 0.0%

    

Teorema Holding A,
Expires 10/27/11 *

   226     —  

Teorema Holding B,
Expires 10/27/11 *

   452     —  

Total Warrants
(Cost $78) ($ Thousands)

       —  

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    6

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

December 31, 2009

 

Description

    Face Amount(1)
(Thousands)		    Market Value
($ Thousands)

AFFILIATED PARTNERSHIP — 0.8%

      

United States — 0.8%

      

SEI Liquidity Fund, L.P.,

      

0.300%†**(H)

    6,863,238    $ 6,585
         

Total Affiliated Partnership
(Cost $6,863) ($ Thousands)

       $ 6,585
         

Total Investments — 95.0%
(Cost $725,931) ($ Thousands)§

       $ 775,201
         

A summary of the outstanding forward foreign currency contracts held by the Fund at December 31, 2009, is as follows:

 

Settlement Date

    Currency to Deliver
(Thousands)		    Currency to Receive
(Thousands)		    Unrealized
Appreciation
(Depreciation)
($ Thousands)		  
1/11/10    TRY 4,249    USD 2,835    $ 3   
1/11/10    USD 2,849    TRY 4,249      (17 ) 
1/15/10-2/8/10    USD 5,223    KRW     6,030,880      (30 ) 
1/19/10    PLN 5,082    USD 1,786      12   
1/19/10    USD 1,848    PLN 5,082      (74 ) 
1/20/10-2/16/10    USD 3,498    RUB 105,882      (20 ) 
1/25/10-1/29/10    EUR 17,473    USD 25,317      250   
1/29/10    HUF     329,809    USD 1,754      5   
1/29/10    JPY 466,256    USD 5,203      194   
1/29/10    USD 1,837    HUF 329,809      (88 ) 
2/16/10    USD 3,700    MXP 47,816      (55 ) 
2/18/10    USD 3,648    INR 170,459      4   
              
         $ 184   
              

For the period ended December 31, 2009, the total amount of all open futures contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

 

 

7    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

A summary of outstanding swap agreements held by the fund at December 31, 2009, is as follows:

 

Total Return Swap

  

Counterparty

   

Reference Entity/
Obligation

   

Fund Pays

   

Fund Receives

    Termination
Date		    Notional Amount
(Thousands)		     Net Unrealized
Depreciation
($Thousands)		  

Merrill Lynch

    Zaporozh Term Loan
9.784% 12/31/10		    Cash Deposit Of
Notional Amount		    Price Return    12/31/10    909      $ (148 ) 
                      

Credit Default Swap

  

Counterparty

   

Reference Entity/
Obligation

   

Buy/Sell Protection

   

(Pays)/
Receives Rate

    Termination
Date		    Notional Amount
(Thousands)		     Net Unrealized
Appreciation
($Thousands)		  

Credit Suisse

    Republic of Kazakhstan    SELL    14.25    02/20/10    (550 )    $ 39   
                      

The following is a summary of the inputs used as of December 31, 2009 in valuing the Fund’s investments carried at value ($ Thousands):

 

      Level 1    Level 2    Level 3     Total  

Investments in Securities

           

Global Bonds

    $ —      $ 731,291    $ —        $ 731,291   

Convertible Bonds

      —        5,202      —          5,202   

Deposit with Counterparty as Collateral for Swap Contracts

      —        909      —          909   

Warrants

      —        —        —          —     

Loan Participations

      —        2,211      29,003        31,214   

Affiliated Partnership

      —        6,585      —          6,585   
                              

Total Investments in Securities

    $ —      $ 746,198    $ 29,003      $ 775,201   
                              
      Level 1    Level 2    Level 3     Total  

Other Financial Instruments*

           

Forwards

    $ —      $ 184    $ —        $ 184   

Credit Default Swap

      —        39      —          39   

Total Return Swap

      —        —        (148 )      (148 ) 
                              

Total Other Financial Instruments

    $ —      $ 223    $ (148 )    $ 75   
                              

 

* Other Financial Instruments are valued at unrealized appreciation/depreciation.

 

     Loan
Participations		     Total Return
Swaps		  

Beginning balance as of October 1, 2009

    $ 26,630      $ (738 ) 

Accrued discounts/premiums

      7        (25 ) 

Realized gain/(loss)

      (2 )      25   

Change in unrealized appreciation/(depreciation)

      766        590   

Net purchases/sales

      1,602        —     

Net transfer in and/or out of Level 3

      —          —     
                

Ending balance as of December 31, 2009

    $ 29,003      $ (148 ) 
                

Changes in unrealized gains/(losses) included in earnings related to securities still held at reporting date

    $ 766      $ 330   
                

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    8

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

December 31, 2009

 

 

Percentages are based on a Net Assets of $815,635 ($ Thousands).

 

* Non-income producing security
** Rate shown is the 7-day effective yield as of December 31, 2009.
† Affiliated security
(1) In U.S. dollars unless otherwise indicated.
(A) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” These securities have been determined to be liquid under guidelines established by the board of Trustees.
(B) Security in default on interest payments.
(C) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effect as of December 31, 2009.
(D) Step Bonds - The rate reflected on the Schedule of Investments is the effective yield on December 31, 2009. The coupon on a step bond changes on a specified date.
(E) This security or a partial position of this security is on loan at December 31, 2009. The total market value of securities on loan at December 31, 2009 was $6,424 ($ Thousands).
(F) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase.
(G) Cash on loan to swap counterparty as collateral for outstanding swap contracts.
(H) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of December 31, 2009 was $6,585 ($ Thousands).
§ At December 31, 2009, the tax basis cost of the Fund’s investments was $725,931 ($ Thousands), and the unrealized appreciation and depreciation were $78,446 ($ Thousands) and ($29,176) ($ Thousands) respectively.

AED — United Arab Emirates Dirham

COP — Colombian Peso

CV — Convertible Security

DEM — German Mark

EUR — Euro

HUF — Hungarian Forint

IDR — Indonesian Rupiah

INR — Indian Rupee

ITL — Italian Lira

JPY — Japanese Yen

KRW — Korean Won

LIBOR — London Interbank Offered Rate

L.P. — Limited Partnership

MTN — Medium Term Note

MXP — Mexican Peso

PIK — Payment-in-Kind

PLN — Polish Zloty

RUB — Russian Ruble

Ser — Series

TRY — New Turkish Lira

USD — U.S. Dollar

Amounts designated as “—” are $O or have been rounded to $O.

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.

 

 

9    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

Credit Default Swaps

On September 12, 2008, the FASB issued FASB Staff Position (“FSP”) No. FAS 133-1 and FASB Interpretation Number (“FIN”) 45-4 (“FSP 133-1”), Disclosures about Credit Derivatives and Certain Guarantees: An Amendment of FASB Statement No. 133 and FASB Interpretation No. 45; and Clarification of the Effective Date of FASB Statement No. 161. The FSP is intended to improve disclosures about credit derivatives by requiring more information about the potential adverse effects of changes in credit risk on the financial position, financial performance, and cash flows of the sellers of credit derivatives. It amends FASB Statement No. 133, Accounting for Derivative Instruments and Hedging Activities, to require disclosures by sellers of credit derivatives, including credit derivatives embedded in hybrid instruments. The FSP also amends FIN 45, Guarantor’s Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness to Others, to require an additional disclosure about the current status of the payment/performance risk of a guarantee. FSP 133-1 and FIN 45-4 is effective for reporting periods (annual or interim) ending after November 15, 2008. Management of the Fund is currently assessing the impact of adopting FSP No. FAS 133-1 and FIN 45-4.

The Fund enters into credit default swaps to simulate long and short bond positions that are either unavailable or considered to be less attractively priced in the bond market. The Fund uses these swaps to reduce risk where the Fund has exposure to the issuer, or to take an active long or short position with respect to the likelihood of an event of default. The reference obligation of the swap can be a single issuer, a “basket” of issuers, or an index. The underlying referenced assets are corporate debt, sovereign debt and asset backed securities.

The buyer of a credit default swap is generally obligated to pay the seller a periodic stream of payments over the term of the contract in return for a contingent payment upon the occurrence of a credit event with respect to an underlying reference obligation. Generally, a credit event for corporate or sovereign reference obligations means bankruptcy, failure to pay, obligation acceleration, repudiation/moratorium or restructuring. For credit default swaps on asset-backed securities, a credit event may be triggered by events such as failure to pay principal, maturity extension, rating downgrade or write-down. If a credit event occurs, the seller typically must pay the contingent payment to the buyer, which is typically the par value (full notional value) of the reference obligation, though the actual payment may be mitigated by terms of the International Swaps and Derivative Agreement (“ISDA”), allowing for netting arrangements and collateral. After a credit event occurs, this amount may be reduced by anticipated recovery rates, segregated collateral and netting arrangements that may incorporate multiple transactions with a given counterparty.

The contingent payment may be a cash settlement or a physical delivery of the reference obligation in return for payment of the face amount of the obligation. If the Fund is a buyer and no credit event occurs, the Fund may lose its investment and recover nothing. However, if a credit event occurs, the buyer typically receives full notional value for a reference obligation that may have little or no value. As a seller, the Buyer receives a fixed rate of income throughout the term of the contract, which typically is between one month and five years, provided that no credit event occurs. If a credit event occurs, the seller may pay the buyer the full notional value of the reference obligation.

As of December 31, 2009, the Fund is the buyer (“receiving protection”)1 on a total notional amount of $0 million) and is the seller (“providing protection”) on a total notional amount of $550 million. The notional amounts of the swaps are not recorded in the financial statements; however the notional amount does approximate the maximum potential amount of future payments that the Partnership could be required to make if the Partnership were the seller of protection and a credit event were to occur. Those credit default swaps for which the Partnership is providing protection at balance sheet date are summarized as follows:

 

REFERENCE ASSET

    CORP US$    SOVEREIGN US$    ABS US$    CORP US$    Total

Fair value written credit derivatives

    —      $ 39,411    —      —      $ 39,411

Maximum potential amount of future payments

    —      $ 550,000    —      —      $ 550,000

Recourse provisions with third parties to recover any amounts paid under the credit derivative (including any purchased credit protection)2

    —        —      —      —        —  

Collateral held by the partnership can obtain upon occurrence of triggering event

    —        —      —      —        —  

 

1

Potential recoveries would include purchased credit derivatives to the extent they offset written credit derivatives which have an identical underlying, or a netting arrangement or credit support annex with the counterparty. There may be other potential recoveries from recourse provisions where agreements cover multiple derivative arrangements but those amounts have not been included.

MAXIMUM POTENTIAL AMOUNT OF FUTURE PAYMENTS BY CONTRACT TERM

 

     0-6 MONTHS    6-12 MONTHS    1-5 YEARS    5-10 YEARS    > 10 YEARS    Total

Current credit spread* on underlying (in basis points)3

                  

0-100

      —        —        —        —        —        —  

101-250

    $ 550,000      —        —        —        —      $ 550,000

251-500

      —        —        —        —        —        —  

501-1000

      —        —        —        —        —        —  

> than 1,000

      —        —        —        —        —        —  
                                         

Total

    $ 550,000    $ —      $ —      $ —      $ —      $ 550,000
                                         

 

* The credit spread on the underlying asset is generally indicative of the current status of the underlying risk of the Fund having to perform. The spread also reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into a contract. Higher credit spreads with a shorter contract term is indicative of a higher likelihood of performance by the Fund.

 

 

SEI Institutional International Trust / Quarterly Holdings / December 31, 2009    10

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

December 31, 2009

 

The credit spread disclosed above for each reference obligation where the Fund is the seller of protection is a representation of the current payment/performance risk of the swap.

 

 

11    SEI Institutional International Trust / Quarterly Holdings / December 31, 2009

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 Registrant’s 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: March 1, 2010

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: March 1, 2010

 

By   (Signature and Title)       /s/    STEPHEN F. PANNER        
        Stephen F. Panner, Controller & CFO

Date: March 1, 2010

EX-99.CERT 2 dex99cert.htm CERTIFICATIONS Certifications

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: March 1, 2010

/s/ Robert A. Nesher
Robert A. Nesher
Chief Executive Officer

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: March 1, 2010

/s/ Stephen F. Panner
Stephen F. Panner
Controller & CFO
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