-----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, L1jectN23qRTx9OBgWhFA9wc3ghw7dpKxsrN8FX0Rk+5UN29WRLuaNnmnyq03iW6 m+IITBUQXo9bshZ/BnI8Cw== 0001193125-10-200389.txt : 20100830 0001193125-10-200389.hdr.sgml : 20100830 20100830142710 ACCESSION NUMBER: 0001193125-10-200389 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100630 FILED AS OF DATE: 20100830 DATE AS OF CHANGE: 20100830 EFFECTIVENESS DATE: 20100830 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: 101046374 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: June 30, 2010

 

 

 

Item 1. Schedule of Investments

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

June 30, 2010

 

Description

   Shares   Market Value
($ Thousands)

COMMON STOCK — 92.0%

Argentina — 0.1%

    

Banco Macro ADR

   17,700   $ 521

Grupo Financiero Galicia ADR*(A)

   50,500     288

Telecom Argentina ADR

   8,200     135

Tenaris(B)

   41,327     714
       
      1,658
       

Australia — 5.4%

AGL Energy(B)

   3,054     38

Amcor(B)

   1,162,217     6,216

AMP(B)

   19,005     83

Arrow Energy*(B)

   37,285     151

Asciano Group(B)

   320,811     432

Australia & New Zealand Banking Group(B)

   536,698     9,673

AXA Asia Pacific Holdings(B)

   218,349     1,002

Beach Energy(A)(B)

   520,405     300

Bendigo and Adelaide Bank(B)

   76,098     521

BHP Billiton ADR

   68,600     4,253

BHP Billiton(B)

   426,109     13,302

Billabong International(B)

   21,039     153

Boral(B)

   6,964     28

Brambles(B)

   30,601     140

Caltex Australia(B)

   240,407     1,893

CFS Retail Property Trust(A)(B)(C)

   117,738     187

Coca-Cola Amatil(B)

   366,542     3,683

Cochlear(B)

   9,828     614

Commonwealth Bank of Australia(A)(B)

   106,846     4,334

Computershare(B)

   88,479     785

CSL(B)

   6,384     175

Dexus Property Group(B)(C)

   177,504     114

Fortescue Metals Group*(B)

   24,881     85

Goodman Fielder(B)

   10,495     12

Goodman Group(A)(B)(C)

   1,098,449     583

Hillgrove Resources(B)

   156,973     34

Incitec Pivot(B)

   28,725     65

Intoll Group(B)

   313,743     274

John Fairfax Holdings(A)(B)

   888,718     974

Leighton Holdings(B)

   18,256     441

Lend Lease(B)

   50,669     310

MacArthur Coal(B)

   35,721     358

Macquarie Group(A)(B)

   7,760     239

Metcash(B)

   8,700     31

Mount Gibson Iron*(B)

   26,300     33

National Australia Bank(B)

   69,140     1,341

Newcrest Mining(A)(B)

   176,155     5,157

OneSteel(A)(B)

   761,030     1,889

Orica(A)(B)

   35,203     743

Origin Energy(B)

   9,827     123

OZ Minerals(A)(B)

   253,562     202

Qantas Airways(A)(B)

   174,666     321

Rio Tinto(A)(B)

   149,232     8,235

Santos(B)

   384,469     4,032

Sonic Healthcare(B)

   74,501     651

SP AusNet, Cl Miscellaneous(B)

   535,444     345

Stockland(A)(B)(C)

   666,784     2,077

Suncorp-Metway(B)

   500,575     3,361

TABCORP Holdings(B)

   95,022     505

 

Description

   Shares   Market Value
($ Thousands)

Tatts Group(B)

   32,900   $ 62

Telstra(B)

   101,700     278

Toll Holdings(B)

   21,790     100

Transurban Group(B)

   221,991     791

Wesfarmers(B)

   109,986     2,639

Westfield Group(B)(C)

   33,969     346

Westpac Banking(B)

   216,374     3,827

Whitehaven Coal

   7,500     29

Woodside Petroleum(B)

   700     24

Woolworths(B)

   12,344     280

WorleyParsons(B)

   103,342     1,908
       
      90,782
       

Austria — 0.2%

IMMOFINANZ(A)(B)

   350,335     901

OMV(B)

   12,000     361

RHI*(B)

   2,810     66

Vienna Insurance Group(A)(B)

   63,270     2,631

Voestalpine(B)

   12,631     344
       
      4,303
       

Belgium — 1.3%

Ageas(B)

   695,531     1,551

Colruyt(A)(B)

   22,009     5,186

Delhaize Group(A)(B)

   23,791     1,729

D’ieteren(B)

   601     255

InBev(B)

   211,542     10,188

KBC Groep(B)

   54,636     2,098

Solvay(A)(B)

   3,200     274

UCB(B)

   5,824     183

Umicore(A)(B)

   11,199     324
       
      21,788
       

Bosnia and Herzegovina — 0.0%

Lancashire Holdings(B)

   16,772     125
       

Brazil — 1.5%

Amil Participacoes

   618,349     5,026

Anhanguera Educacional Participacoes

   228,397     3,421

Banco Santander Brasil ADR

   362,300     3,743

Centrais Eletricas Brasileiras ADR

   70,802     946

Petroleo Brasileiro ADR

   93,600     3,212

Porto Seguro

   300,200     3,081

Telecomunicacoes de Sao Paulo ADR

   5,594     114

Totvs

   68,513     5,030
       
      24,573
       

Canada — 2.9%

Bankers Petroleum*

   493,900     3,263

Brookfield Properties

   69,100     972

Canadian Natural Resources

   43,800     1,456

Cascades

   13,400     81

Celestica*

   13,500     109

Cenovus Energy

   140,800     3,630

Domtar

   10,300     506

Eldorado Gold

   444,300     7,977

Garda World Security, Cl A*

   10,200     74

Magna International, Cl A

   20,900     1,379

 

1    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

   Shares   Market Value
($ Thousands)

Niko Resources

   69,832   $ 6,506

Onex

   68,600     1,652

Pacific Rubiales Energy*

   225,200     5,057

QLT*

   10,800     62

Research In Motion*

   59,062     2,909

Silver Wheaton*

   259,500     5,209

Suncor Energy

   229,100     6,755

TELUS, Cl A

   1     —  

Toronto-Dominion Bank

   27,400     1,779
       
      49,376
       

Chile — 0.5%

    

Banco Santander Chile ADR

   38,807     2,603

Enersis ADR

   55,800     1,111

Sociedad Quimica y Minera de Chile ADR(A)

   137,100     4,471
       
      8,185
       

China — 1.3%

    

Bank of China, Cl H(B)

   8,375,000     4,225

China Minsheng Banking, Cl H(B)

   675,000     587

China Telecom, Cl H(B)

   128,000     61

Ctrip.com International ADR*

   116,497     4,376

Dongfeng Motor Group, Cl H(B)

   662,000     768

Ping An Insurance Group of China, Cl H(B)

   803,500     6,640

Qingling Motors, Cl H(B)

   794,000     188

Want Want China Holdings(A)(B)

   6,812,000     5,718
       
      22,563
       

Denmark — 1.2%

    

AP Moller - Maersk, Cl B(A)(B)

   21     166

AP Moller - Maersk, Cl A(A)(B)

   22     168

Carlsberg, Cl B(B)

   42,196     3,221

Coloplast, Cl B(B)

   16,044     1,595

Danske Bank(B)

   3,898     75

H Lundbeck(B)

   2,020     28

Novo Nordisk, Cl B(A)(B)

   127,496     10,318

Novozymes, Cl B(B)

   5,637     603

Sydbank(B)

   5,600     114

TrygVesta(B)

   61,555     3,248
       
      19,536
       

Finland — 0.7%

    

Elisa, Cl A(B)

   11,240     195

Fortum(B)

   123,977     2,726

Kesko, Cl B(B)

   12,882     417

Kone, Cl B(A)(B)

   72,265     2,882

Metso(A)(B)

   24,860     798

Nokia(A)(B)

   9,561     78

Orion, Cl B(B)

   52,990     993

Pohjola Bank, Cl A(B)

   46,712     475

Sampo, Cl A(A)(B)

   39,707     838

Sanoma(A)(B)

   2,885     50

Stora Enso, Cl R(B)

   306,687     2,220

UPM-Kymmene(B)

   10,004     133

Wartsila, Cl B(A)(B)

   12,273     559
       
      12,364
       

France — 6.9%

    

Alcatel-Lucent(B)

   1,103,225     2,814

Alstom(A)(B)

   83,395     3,782

 

Description

   Shares   Market Value
($ Thousands)

Arkema(B)

   27,341   $ 953

BNP Paribas(B)

   247,132     13,318

Casino Guichard Perrachon(B)

   14,095     1,071

Christian Dior(B)

   12,714     1,222

Cie de Saint-Gobain(A)(B)

   27,269     1,018

Cie Generale d’Optique Essilor International(B)

   1,578     94

CNP Assurances(B)

   50,666     3,453

Compagnie Generale de Geophysique*(B)

   11,933     213

Dassault Systemes(B)

   3,690     224

Eurazeo(B)

   5,872     337

Eutelsat Communications(B)

   121,889     4,087

France Telecom(B)

   52,500     912

GDF Suez(B)

   241,287     6,876

Gecina(B)(C)

   6,721     608

Groupe Danone(B)

   154,479     8,296

Groupe Eurotunnel(B)

   65,376     443

Havas(B)

   30,432     134

Ipsen(B)

   170,068     5,187

JC Decaux(B)

   13,048     304

Klepierre(B)(C)

   7,010     194

Legrand(B)

   13,695     407

L’Oreal(B)

   8,366     820

LVMH Moet Hennessy Louis Vuitton(B)

   6,259     682

Metropole Television(B)

   873     18

Natixis(B)

   710,850     3,092

Nexity(B)

   4,000     114

Pernod-Ricard(A)(B)

   2,473     192

Peugeot(B)

   113,338     2,886

PPR(B)

   2,385     297

Publicis Groupe(A)(B)

   10,777     431

Renault(B)

   68,393     2,539

Safran(B)

   79,974     2,235

Sanofi-Aventis(B)

   176,548     10,651

Schneider Electric(A)(B)

   138,194     13,981

Sequana Capital(B)

   6,507     79

SES(B)

   5,057     105

Societe BIC(B)

   2,596     185

Societe Generale(B)

   52,399     2,160

Societe Television Francaise(B)

   3,262     43

Sodexho Alliance(B)

   105,534     5,867

Technip(B)

   7,898     454

Total(B)

   90,781     4,059

Valeo(B)

   5,500     150

Vallourec(A)(B)

   3,325     574

Vivendi(B)

   388,974     7,918
       
      115,479
       

Germany — 7.7%

    

Adidas(B)

   86,917     4,215

Allianz(B)

   86,749     8,600

Aurubis(A)(B)

   8,700     379

BASF(B)

   155,406     8,506

Bayer(B)

   34,218     1,915

Bayerische Motoren Werke(B)

   2,504     122

Beiersdorf

   3,142     174

Bilfinger Berger(A)(B)

   1,600     89

Celesio(B)

   6,000     131

Continental(B)

   14,683     763

DaimlerChrysler(B)

   214,035     10,845

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    2

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

June 30, 2010

 

Description

   Shares   Market Value
($ Thousands)

Deutsche Bank(A)(B)

   128,164   $ 7,211

Deutsche Boerse(A)(B)

   99,263     6,041

Deutsche Lufthansa(B)

   18,000     249

Deutsche Post(B)

   119,127     1,740

Deutsche Telekom(A)(B)

   470,853     5,568

E.ON(B)

   138,450     3,729

Fresenius(A)(B)

   5,109     339

Fresenius Medical Care(A)(B)

   92,509     5,000

GAGFAH(A)(B)

   16,000     116

GEA Group(B)

   174,187     3,473

Hannover Rueckversicherung(A)(B)

   92,296     3,962

HeidelbergCement(A)(B)

   1,914     91

Henkel KGaA(B)

   29,649     1,216

Hochtief(B)

   2,369     142

Infineon Technologies*(A)(B)

   761,868     4,424

Linde(B)

   103,164     10,866

MAN(B)

   8,186     676

MTU Aero Engines Holding(A)(B)

   3,400     189

Puma Rudolf Dassler Sport(B)

   61     16

RWE(A)(B)

   26,291     1,723

SAP(B)

   6,339     282

SAP ADR

   102,900     4,558

Siemens(A)(B)

   176,103     15,777

Suedzucker(A)(B)

   31,798     575

ThyssenKrupp(A)(B)

   218,011     5,382

Tognum(A)(B)

   274,471     5,143

TUI(A)(B)

   174,329     1,534

Volkswagen(B)

   838     71

Wincor Nixdorf(B)

   60,006     3,360
       
      129,192
       

Greece — 0.1%

    

Coca Cola Hellenic Bottling(B)

   24,897     535

Public Power(B)

   71,811     1,031
       
      1,566
       

Hong Kong — 3.1%

    

ASM Pacific Technology(B)

   100,600     782

BOC Hong Kong Holdings(B)

   222,500     507

Cathay Pacific Airways(B)

   266,000     526

Champion Technology Holdings(B)

   942,000     26

Cheung Kong Holdings(B)

   90,000     1,039

China Merchants Holdings International(B)

   1,444,000     4,767

China Mobile(A)(B)

   460,500     4,576

China Mobile ADR

   105,600     5,218

Chinese Estates Holdings(B)

   28,000     49

CLP Holdings(B)

   412,000     2,982

CST Mining Group*(B)

   2,272,000     51

DMX Technologies Group*(B)

   475,000     114

Esprit Holdings(B)

   2,926     16

First Pacific(B)

   467,000     316

Genting Singapore*(B)

   1,346,000     1,116

Get Nice Holdings(B)

   1,558,000     82

Great Eagle Holdings(B)

   10,000     25

Guoco Group(B)

   17,000     165

Hang Lung Group(B)

   22,000     119

Hongkong & Shanghai Hotels(B)

   33,500     55

HongKong Electric Holdings(B)

   21,500     128

Hongkong Land Holdings(B)

   151,000     746

Description

   Shares   Market Value
($ Thousands)

Hutchison Telecommunications Hong Kong Holdings(B)

   802,000   $ 169

Hutchison Whampoa(B)

   358,000     2,203

Hysan Development(A)(B)

   74,000     209

Jardine Matheson Holdings(B)

   7,600     266

Jardine Strategic Holdings(B)

   334,252     6,930

Kerry Properties(B)

   658,000     2,843

Lai Sun Development*(B)

   3,850,000     69

Li & Fung(B)

   248,000     1,110

New World Development(A)(B)

   1,111,000     1,804

Orient Overseas International(A)(B)

   163,000     1,165

Pacific Century Premium Developments(B)

   326,000     59

PCCW(B)

   990,000     289

RCG Holdings*

   39,556     24

Sun Hung Kai Properties(B)

   3,000     41

Swire Pacific, Cl A(B)

   590,500     6,703

Television Broadcasts(B)

   56,000     260

VTech Holdings(A)(B)

   24,000     257

Wharf Holdings(B)

   250,000     1,211

Wheelock(B)

   746,000     2,103

Yue Yuen Industrial Holdings(B)

   144,500     448
       
      51,568
       

India — 0.2%

    

State Bank of India GDR(B)

   32,694     3,248
       

Ireland — 0.5%

    

Bank of Ireland(B)

   72,400     58

DCC(B)

   6,400     145

Experian(B)

   906,827     7,897

James Hardie Industries(B)

   77,344     402

Kerry Group, Cl A

   7,526     209
       
      8,711
       

Israel — 0.4%

    

Bank Hapoalim*(B)

   16,758     60

Bank Leumi Le-Israel(B)

   25,150     90

Bezeq Israeli Telecommunication(B)

   29,241     64

Israel Chemicals(B)

   7,494     78

Israel Discount Bank, Cl A*(B)

   44,000     75

Makhteshim-Agan Industries(B)

   976,451     3,264

Mizrahi Tefahot Bank*(B)

   10,000     73

NICE Systems*(B)

   1,216     31

Teva Pharmaceutical Industries(B)

   21,710     1,136

Teva Pharmaceutical Industries ADR

   50,000     2,599
       
      7,470
       

Italy — 1.4%

    

Beni Stabili

   4,440     3

Enel(B)

   1,390,290     5,897

Engineering Ingegneria Informatica(A)(B)

   2,148     53

ENI(B)

   85,048     1,564

Fiat(A)(B)

   54,000     556

Finmeccanica(B)

   32,000     332

 

3    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

   Shares   Market Value
($ Thousands)

Italcementi(A)(B)

   4,000   $ 30

Mediaset(A)(B)

   665,806     3,793

Parmalat(B)

   1,757,692     4,092

Saipem(B)

   15,965     487

Snam Rete Gas(B)

   86,540     346

Telecom Italia(A)(B)

   5,431,959     5,716

Terna Rete Elettrica Nazionale(A)(B)

   55,506     200
       
      23,069
       

Japan — 16.7%

    

77 Bank(B)

   235,000     1,261

ABC-Mart(B)

   6,000     235

Access(B)

   56     77

Aeon(B)

   174,400     1,844

Aichi Bank(B)

   400     27

Aisin Seiki(B)

   25,000     673

Ajinomoto(B)

   26,000     235

Alfresa Holdings(B)

   18,800     908

All Nippon Airways(B)

   13,000     41

Amada(B)

   37,000     243

AOKI Holdings(B)

   200     3

Aoyama Trading(B)

   5,300     95

Aozora Bank(B)

   335,000     433

Arc Land Sakamoto(B)

   7,300     106

Arnest One(B)

   31,400     318

Asahi Breweries(B)

   42,200     714

Asahi Glass(B)

   454,000     4,259

Asahi Kasei(B)

   240,000     1,253

Asset Managers Holdings(A)(B)

   760     67

Astellas Pharma(B)

   125,300     4,195

Autobacs Seven(B)

   5,600     203

Belluna(B)

   1,450     7

BML(B)

   3,600     81

Bridgestone(B)

   496,900     7,850

Brother Industries(B)

   284,100     2,947

Canon(B)

   60,500     2,253

Central Japan Railway(B)

   462     3,811

Chiba Bank(B)

   69,000     416

Chubu Electric Power(B)

   66,900     1,659

Chuetsu Pulp & Paper(B)

   18,000     34

Citizen Holdings(B)

   33,900     207

Cosmo Oil(B)

   852,000     2,033

CREATE SD HOLDINGS(B)

   500     10

Credit Saison(B)

   5,500     58

Dai Nippon Printing(B)

   23,000     265

Daicel Chemical Industries(B)

   197,000     1,328

Daido Steel(B)

   14,000     60

Daihatsu Motor(B)

   14,000     130

Dai-ichi Life Insurance

   156     216

Daiichikosho(B)

   11,500     167

Daikin Industries(B)

   2,200     67

Daikyo(B)

   429,000     701

Daito Trust Construction(B)

   1,200     68

Daiwa House Industry(B)

   214,000     1,924

Dena(B)

   131,700     3,474

Denki Kagaku Kogyo(B)

   144,000     670

Denso(B)

   24,600     679

Dentsu(A)(B)

   19,500     515

East Japan Railway(B)

   12,000     798

EDION(B)

   16,900     128

Eizo Nanao(B)

   700     15

Description

   Shares   Market Value
($ Thousands)

Electric Power Development(B)

   5,300   $ 168

Elpida Memory*(A)(B)

   67,700     1,039

Faith(B)

   378     32

FamilyMart(B)

   2,000     66

Fanuc(B)

   27,200     3,069

Fast Retailing(B)

   4,600     695

Fuji Electric Holdings(B)

   546,000     1,571

Fuji Film Holdings(B)

   94,900     2,740

Fuji Heavy Industries(B)

   495,000     2,650

Fuji Media Holdings(B)

   1,588     2,278

FUJI SOFT INC(B)

   8,800     145

Fujikura(B)

   11,000     48

Fujishoji(B)

   42     39

Fujitec(B)

   4,000     21

Fujitsu(B)

   1,311,000     8,188

Fukuoka Financial Group(B)

   13,000     54

Funai Electric(B)

   11,300     405

Glory(B)

   1,200     26

Gunma Bank(B)

   31,000     164

Hakuhodo DY Holdings(A)(B)

   1,380     69

Hanwa(B)

   78,000     309

HI-LEX(B)

   1,500     20

Hino Motors(B)

   173,000     852

Hitachi(B)

   1,795,000     6,514

Hitachi Construction Machinery(B)

   11,900     219

Hitachi High-Technologies(B)

   700     13

Honda Motor

   297,900     8,743

Hosiden(B)

   8,000     85

Hoya(B)

   29,900     636

Idemitsu Kosan(B)

   2,500     188

IHI(B)

   362,000     576

Iida Home Max(B)

   34,800     274

Inpex(B)

   383     2,123

Isuzu Motors(B)

   270,000     811

Itochu(B)

   83,900     655

Itochu-Shokuhin(B)

   2,400     80

J Front Retailing(B)

   16,000     77

Japan Digital Laboratory(B)

   1,100     12

Japan Retail Fund Investment, Cl A(B)(C)

   38     46

Japan Tobacco(B)

   285     886

JFE Holdings(B)

   42,000     1,298

JFE Shoji Holdings(B)

   52,000     203

JS Group(B)

   51,000     973

JSR(B)

   106,100     1,781

Jupiter Telecommunications(B)

   8,397     8,033

Justsystems*(B)

   13,900     43

JX Holdings*

   406,260     2,006

Kawasaki Heavy Industries(B)

   50,000     121

KDDI(B)

   1,357     6,463

Kenedix(A)(B)

   1,343     221

Keyence(B)

   800     185

Kirin Brewery(B)

   52,000     654

Kita-Nippon Bank(B)

   1,700     43

Kobe Steel(B)

   106,000     202

Kohnan Shoji(B)

   1,000     10

Koito Manufacturing(B)

   6,000     88

Komatsu(B)

   24,800     446

Konica Minolta Holdings(B)

   28,500     274

K’s Holdings(B)

   16,600     339

Kuraray(B)

   132,000     1,547

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    4

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

June 30, 2010

 

Description

   Shares   Market Value
($ Thousands)

Kyocera(B)

   25,500   $ 2,063

Kyoei Steel(B)

   900     15

Kyudenko(B)

   9,000     50

Lawson(B)

   3,400     149

Lintec(B)

   700     13

Makita(B)

   145,700     3,896

Marubeni(B)

   1,249,000     6,397

Maruichi Steel Tube(B)

   15,700     300

Matsushita Electric Industrial(B)

   43,500     543

Matsushita Electric Works(B)

   46,000     452

Mazda Motor(B)

   53,000     124

McDonald’s Holdings Japan(B)

   4,200     94

Mediceo Paltac Holdings(B)

   49,100     583

MEIJI Holdings(B)

   3,000     123

Minebea(B)

   54,000     299

Miraca Holdings(B)

   29,300     876

Mitsubishi(B)

   426,300     8,812

Mitsubishi Chemical Holdings(A)(B)

   321,500     1,466

Mitsubishi Electric(B)

   234,000     1,825

Mitsubishi Materials(B)

   50,000     133

Mitsubishi UFJ Financial Group(B)

   341,600     1,550

Mitsubishi UFJ Lease & Finance(B)

   7,550     254

Mitsui(B)

   411,100     4,792

Mitsui Chemicals(B)

   889,000     2,482

Mitsui Home(B)

   8,000     38

Mitsui OSK Lines(B)

   132,000     872

Mitsui Sumitomo Insurance Group Holdings(B)

   11,000     235

Mizuho Financial Group(A)(B)

   2,219,200     3,638

Murata Manufacturing(B)

   9,500     453

Nafco(B)

   1,000     17

Nagase(B)

   19,000     197

Namco Bandai Holdings(B)

   9,100     80

NEC(B)

   68,000     176

NEC Mobiling(B)

   500     13

NEC Networks & System Integration(B)

   27,100     337

Neturen(B)

   200     2

NGK Spark Plug(B)

   13,000     161

NHK Spring(B)

   67,000     612

Nidec(B)

   42,800     3,580

Nikon(B)

   16,700     288

Nintendo(B)

   2,800     821

Nippo(B)

   4,000     30

Nippon Beet Sugar Manufacturing(B)

   5,000     12

Nippon Electric Glass(B)

   708,700     8,111

Nippon Express(B)

   114,000     513

Nippon Meat Packers(B)

   88,000     1,085

Nippon Paper Group(B)

   76,600     2,118

Nippon Steel(B)

   185,000     611

Nippon Steel Trading(B)

   5,000     15

Nippon Telegraph & Telephone(B)

   217,500     8,853

Nishi-Nippon City Bank(B)

   303,000     867

Nissan Motor(B)

   461,700     3,215

Nissin Food Products(B)

   3,300     121

Nitori(B)

   5,700     491

Nitto Denko(B)

   23,100     757

Description

   Shares   Market Value
($ Thousands)

NOK(B)

   14,100   $ 224

Noritsu Koki(B)

   6,500     49

NSK(B)

   193,000     1,339

NTT Data(B)

   416     1,534

NTT DoCoMo(B)

   149     225

Obic(B)

   3,550     685

Ohsho Food Service(A)(B)

   2,100     54

OJI Paper(B)

   22,000     108

Olympus(A)(B)

   14,300     338

Omron(B)

   38,700     843

Oracle Japan(B)

   7,700     378

ORIX(B)

   16,650     1,205

Osaka Steel(B)

   1,200     16

Pioneer(B)

   9,100     30

Rakuten(B)

   704     508

Rengo(B)

   7,000     44

Resona Holdings(B)

   144,300     1,760

Ricoh(B)

   27,000     344

Rinnai(A)(B)

   2,200     113

Round One(B)

   13,900     76

Saizeriya(B)

   8,200     163

Sakai Chemical Industry(B)

   2,000     8

San-Ai Oil(B)

   4,000     15

Sanki Engineering(B)

   19,000     141

Sankyo(B)

   98,900     4,467

Sapporo Hokuyo Holdings(B)

   525,500     2,316

Sega Sammy Holdings(B)

   3,200     46

Seiko Epson(B)

   7,300     94

Seino Transportation(B)

   82,000     564

Sekisui Chemical(B)

   1,235,000     7,697

Sharp(B)

   300,000     3,162

Shimamura(B)

   500     45

Shimano(B)

   3,500     150

Shinmaywa Industries(B)

   3,000     11

Shinsei Bank(A)(B)

   862,000     728

Shiseido(B)

   44,800     987

Showa Denko KK(B)

   19,000     34

Sintokogio(B)

   1,600     12

SMC(B)

   4,000     535

Softbank(B)

   82,800     2,194

Sohgo Security Services(B)

   29,500     299

Sojitz(B)

   370,700     579

Sony(B)

   146,800     3,912

Sony Financial Holdings(B)

   101     337

Sumikin Bussan(B)

   5,000     11

Sumitomo(B)

   417,800     4,169

Sumitomo Chemical(B)

   44,000     170

Sumitomo Electric Industries(B)

   211,300     2,460

Sumitomo Heavy Industries(B)

   27,000     158

Sumitomo Metal Mining(B)

   105,000     1,309

Sumitomo Mitsui Financial Group(B)

   133,000     3,761

Suzuken(B)

   7,500     251

Suzuki Motor(B)

   10,700     210

Sysmex(B)

   6,100     346

T&D Holdings(B)

   21,650     463

Tachi-S, Cl S(B)

   12,800     125

Takashimaya(B)

   19,000     151

Takata(B)

   200     4

Takeda Pharmaceutical(B)

   67,800     2,910

Takefuji(A)(B)

   190,630     557

Tanabe Seiyaku(B)

   21,000     320

 

5    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

   Shares   Market Value
($ Thousands)

TDK(B)

   25,400   $ 1,389

Teijin(B)

   40,000     119

Terumo(B)

   2,900     139

THK(B)

   6,800     141

Toho Gas(B)

   72,000     384

Toho Holdings(B)

   9,500     150

Tokai Rika(B)

   2,900     50

Tokuyama(B)

   13,000     57

Tokyo Broadcasting System(B)

   5,400     73

Tokyo Electron(B)

   20,800     1,119

Tokyo Energy & Systems(B)

   6,000     39

Tokyo Gas(B)

   381,000     1,738

Tokyo Tekko(B)

   24,000     55

Tokyu(B)

   40,000     163

Tomy(B)

   15,200     116

Toppan Printing(B)

   98,000     774

Toshiba(B)

   37,000     183

Toshiba TEC(B)

   112,000     361

Tosoh(B)

   61,000     158

Totetsu Kogyo(B)

   9,000     55

Toyo Ink Manufacturing(B)

   30,000     115

Toyo Securities(B)

   37,000     61

Toyoda Gosei(B)

   5,400     134

Toyota Auto Body(B)

   19,800     247

Toyota Industries(B)

   15,400     390

Toyota Motor(B)

   42,300     1,452

Toyota Tsusho(B)

   120,400     1,715

TS Tech(B)

   1,800     28

TV Asahi(B)

   29     42

Unicharm(B)

   79,900     9,002

Unipres(B)

   14,300     223

UNY(B)

   6,000     46

USS(B)

   4,040     288

Valor(B)

   1,600     12

Vital KSK Holdings(B)

   1,600     9

Warabeya Nichiyo(B)

   5,200     64

Watabe Wedding(B)

   7,400     88

West Japan Railway(B)

   49     179

Yahoo! Japan(B)

   7,628     3,038

Yakult Honsha(B)

   12,000     326

Yamada Denki(B)

   16,220     1,059

Yamaha Motor(B)

   19,500     258

Yaskawa Electric(B)

   27,000     200

Yodogawa Steel Works(B)

   5,000     20

Yokohama Rubber(B)

   95,000     428

Yurtec(B)

   4,000     17

Zeon(B)

   89,000     521
       
      279,856
       

Jersey — 0.3%

    

Informa(A)(B)

   875,432     4,632

Randgold Resources(B)

   4,339     413
       
      5,045
       

Macau — 0.1%

    

Sands China*(A)(B)

   756,800     1,118

Wynn Macau*(A)(B)

   307,000     501
       
      1,619
       

Malta — 0.0%

    

BGP Holdings*(D)

   198,683     —  
       

 

Description

   Shares   Market Value
($ Thousands)

Netherlands — 6.5%

    

Aegon(B)

   367,869   $ 1,957

Akzo Nobel(B)

   108,557     5,652

ASML Holding(B)

   87,093     2,401

Boskalis Westminster(A)(B)

   12,254     477

European Aeronautic Defence and Space(A)(B)

   147,311     3,011

Fugro(A)(B)

   113,215     5,239

Heineken(A)(B)

   38,093     1,617

Heineken Holding(A)(B)

   18,788     688

ING Groep(B)

   1,133,577     8,403

Koninklijke Ahold(A)(B)

   683,493     8,469

Koninklijke DSM(A)(B)

   186,609     7,431

Koninklijke KPN(A)(B)

   533,982     6,818

Koninklijke Philips Electronics(B)

   263,386     7,878

Koninklijke Vopak(A)(B)

   12,116     445

Mediq(B)

   12,474     228

Nutreco(B)

   2,400     129

Randstad Holding(B)

   14,835     584

Reed Elsevier(B)

   3,616     40

Royal Dutch Shell, Cl B(B)

   160,893     3,894

Royal Dutch Shell, Cl A(A)(B)

   593,085     14,964

SBM Offshore(B)

   3,606     52

TNT(A)(B)

   260,379     6,569

Unilever(A)(B)

   807,260     22,083
       
      109,029
       

New Zealand — 0.1%

    

Air New Zealand(B)

   75,600     55

Fletcher Building(B)

   59,422     319

Telecom of New Zealand(B)

   749,011     967
       
      1,341
       

Norway — 1.2%

    

Aker Solutions(A)(B)

   12,426     142

DnB(B)

   1,294,559     12,460

Marine Harvest(A)(B)

   1,215,649     803

Norsk Hydro(A)(B)

   1,800     8

Seadrill(A)(B)

   49,799     899

Statoil(A)(B)

   171,144     3,300

Telenor(B)

   145,100     1,829

TGS Nopec Geophysical(B)

   2,332     27

Yara International(B)

   4,700     132
       
      19,600
       

Portugal — 0.2%

    

Banco Comercial Portugues(A)(B)

   225,000     169

Energias de Portugal(B)

   850,799     2,536

Jeronimo Martins SGPS(B)

   170,000     1,560

Portugal Telecom SGPS(B)

   3,262     33
       
      4,298
       

Russia — 0.0%

    

Surgutneftegas ADR(B)

   8,414     73
       

Singapore — 1.2%

    

CapitaMalls Asia(B)

   29,400     44

DBS Group Holdings(B)

   385,000     3,745

Fraser and Neave(B)

   295,000     1,081

GuocoLeisure(B)

   296,000     116

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    6

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

June 30, 2010

 

Description

   Shares   Market Value
($ Thousands)

Hong Leong Asia(B)

   27,000   $ 65

Jardine Cycle & Carriage(B)

   21,000     448

Keppel(B)

   27,000     163

Keppel Land(B)

   54,000     149

K-Green Trust*

   5,400     4

K-REIT Asia(B)(C)

   22,000     18

Oversea-Chinese Banking(B)

   778,000     4,910

SembCorp Industries(B)

   32,000     93

SembCorp Marine(B)

   69,000     189

SIA Engineering(B)

   4,000     11

Singapore Airlines(B)

   83,000     863

Singapore Airport Terminal Services(B)

   26,000     50

Singapore Press Holdings(B)

   92,000     248

Singapore Technologies Engineering(B)

   270,000     633

Starhill Global REIT, Cl REIT(B)(C)

   108,000     43

Suntec Real Estate Investment Trust, Cl REIT(B)(C)

   45,000     42

United Industrial(B)

   47,000     70

United Overseas Bank(B)

   54,000     753

UOB-Kay Hian Holdings(B)

   21,000     22

UOL Group(B)

   426,000     1,150

Venture(B)

   11,000     70

Wheelock Properties Singapore(B)

   14,000     19

Wilmar International(B)

   145,000     595

Yangzijiang Shipbuilding Holdings(A)(B)

   4,964,000     4,746
       
      20,340
       

South Africa — 0.3%

  

MTN Group(B)

   348,657     4,575
       

South Korea — 1.3%

  

Hyundai Mobis(B)

   48,023     8,055

LG Display ADR

   23,162     373

Samsung Electronics(B)

   8,226     5,160

Samsung SDI(B)

   21,732     3,041

Shinhan Financial Group(B)

   135,000     4,969
       
      21,598
       

Spain — 0.7%

    

Abengoa(B)

   1,010     20

Banco Bilbao Vizcaya Argentaria(B)

   40,339     416

Banco Popular Espanol(A)(B)

   4,327     22

Banco Santander Central Hispano(B)

   482,457     5,068

Bankinter(A)(B)

   24,000     147

Caja de Ahorros del Mediterraneo

   12,489     99

Construcciones y Auxiliar de Ferrocarriles(B)

   240     98

Enagas(B)

   13,012     196

Ferrovial(B)

   5,054     33

Fomento de Construcciones y Contratas(A)(B)

   3,600     77

Gas Natural(A)(B)

   107,991     1,563

Gestevision Telecinco(B)

   11,734     104

Inditex(B)

   26,124     1,492

Repsol(B)

   1,200     24

Description

   Shares   Market Value
($ Thousands)

Telefonica(A)(B)

   134,476   $ 2,495
       
      11,854
       

Sweden — 1.7%

    

Alfa Laval(A)(B)

   52,302     681

Assa Abloy, Cl B(B)

   42,984     861

Atlas Copco, Cl A(B)

   132,732     1,944

Atlas Copco, Cl B(B)

   40,044     530

Boliden(B)

   9,849     109

Electrolux, Ser B(A)(B)

   195,210     4,471

Getinge, Cl B(A)(B)

   39,573     767

Hennes & Mauritz, Cl B(B)

   5,499     151

Industrivarden, Cl C(A)(B)

   69,706     744

Kinnevik Investment, Cl B(B)

   42,693     685

Millicom International Cellular(A)(B)

   2,190     178

Modern Times Group, Cl B(A)(B)

   3,682     202

Nordea Bank(A)(B)

   347,797     2,874

Ratos, Cl B(A)(B)

   21,815     548

Saab, Cl B(B)

   8,217     94

Sandvik(A)(B)

   30,085     368

Scania, Cl B(B)

   47,696     729

Securitas, Cl B(B)

   26,000     236

Skanska, Cl B(A)(B)

   64,252     931

SKF, Cl B(A)(B)

   58,513     1,052

Ssab Svenskt Stal, Ser A, Cl A(A)(B)

   2,752     37

Svenska Cellulosa, Cl B(B)

   42,000     495

Svenska Handelsbanken, Cl A(A)(B)

   274,881     6,738

Swedbank(A)(B)

   71,124     654

Swedish Match(A)(B)

   22,819     500

Tele2, Cl B(A)(B)

   53,199     796

Telefonaktiebolaget LM Ericsson, Cl B(A)(B)

   4,678     52

TeliaSonera(A)(B)

   87,525     563

Volvo, Cl B(A)(B)

   30,731     341
       
      28,331
       

Switzerland — 7.7%

    

Adecco(A)(B)

   5,703     272

Aryzta(B)

   3,066     118

Baloise Holding(B)

   4,000     278

Clariant(A)(B)

   96,699     1,224

Compagnie Financiere Richemont(B)

   113,035     3,944

Credit Suisse Group(B)

   268,089     10,075

Elektrizitaets-Gesellschaft Laufenburg

   56     39

Flughafen Zuerich

   150     45

Geberit(B)

   7,339     1,141

Givaudan(B)

   8,615     7,314

Helvetia Holding(B)

   600     157

Holcim(A)(B)

   20,366     1,363

Kuehne & Nagel International(A)(B)

   1,464     151

Nestle(B)

   409,889     19,755

Nobel Biocare Holding(B)

   159,167     2,739

Novartis(B)

   480,858     23,293

Roche Holding(B)

   124,655     17,150

Schindler Holding(B)

   17,356     1,459

SGS(B)

   5,410     7,298

 

7    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

   Shares   Market Value
($ Thousands)

Sika(B)

   139   $ 246

Sonova Holding(B)

   8,498     1,042

STMicroelectronics(A)(B)

   346,017     2,755

Straumann Holding(B)

   164     35

Sulzer(B)

   64,829     6,044

Swatch Group(A)(B)

   36,714     3,285

Swiss Life Holding(B)

   6,833     653

Swiss Reinsurance(B)

   21,179     870

Swisscom(A)(B)

   3,961     1,342

Syngenta(B)

   22,422     5,177

UBS(B)

   335,817     4,447

Xstrata(B)

   166,473     2,183

Zurich Financial Services(B)

   17,221     3,794
       
      129,688
       

Taiwan — 0.1%

    

United Microelectronics ADR

   815,018     2,372
       

Thailand — 0.4%

    

Kasikornbank(B)

   2,147,400     6,200
       

Turkey — 0.3%

    

Turkiye Garanti Bankasi(B)

   1,192,979     4,965
       

United Kingdom — 17.2%

3i Group(B)

   588,927     2,326

Admiral Group(B)

   27,830     584

Aggreko(B)

   18,956     398

AMEC(B)

   415,308     5,095

Amlin(B)

   1,106,043     6,374

Anglo American*(A)(B)

   92,502     3,228

Antofagasta(B)

   358,606     4,178

ARM Holdings(B)

   94,975     394

Associated British Foods(B)

   145,626     2,112

AstraZeneca(B)

   286,984     13,548

Autonomy*(B)

   9,106     249

Aviva(B)

   358,494     1,668

BAE Systems(B)

   2,283,228     10,641

Balfour Beatty(B)

   56,000     199

Barclays(B)

   2,328,554     9,307

BG Group(B)

   781,593     11,640

BHP Billiton(B)

   114,547     2,974

BP(B)

   2,545,327     12,201

British Airways(B)

   6,880     20

British American Tobacco(B)

   138,298     4,395

BT Group, Cl A(B)

   413,417     799

Bunzl(B)

   49,260     494

Burberry Group(B)

   83,784     947

Cable & Wireless Worldwide

   866,293     1,122

Cairn Energy*(B)

   2,195,204     13,504

Cape*(B)

   51,033     152

Carnival(B)

   23,217     753

Centrica(B)

   70,838     313

Cobham(B)

   144,885     460

Colt Group*(B)

   39,726     78

Compass Group(B)

   329,439     2,510

Davis Service Group(B)

   44,500     243

Devro

   35,193     104

Diageo(B)

   238,499     3,751

 

Description

   Shares   Market Value
($ Thousands)

DS Smith(B)

   44,990   $ 81

easyJet*(A)(B)

   11,324     67

Eurasian Natural Resources(B)

   323,746     4,125

Firstgroup(A)(B)

   19,233     105

Fresnillo(B)

   4,571     66

GlaxoSmithKline(B)

   472,440     8,033

Hamworthy(B)

   16,122     71

Home Retail Group(B)

   126,819     403

HSBC Holdings(B)

   1,259,878     11,525

HSBC Holdings(A)(B)

   624,000     5,721

ICAP(B)

   197,431     1,185

IG Group Holdings(B)

   83,046     520

Imperial Tobacco Group(B)

   212,423     5,943

Inmarsat(B)

   65,330     694

Intercontinental Hotels Group(B)

   49,954     788

Intermediate Capital Group(B)

   47,178     175

International Power(B)

   560,581     2,507

Invensys(B)

   35,506     127

Investec(B)

   238,656     1,608

ITV(B)

   62,500     47

J Sainsbury(B)

   254,467     1,216

Kazakhmys(B)

   38,923     572

Kingfisher(B)

   3,363,901     10,552

Legal & General Group(B)

   1,410,358     1,646

Lloyds Banking Group(B)

   4,366,437     3,452

Logica(B)

   52,031     84

Marks & Spencer Group(B)

   7,526     37

Millennium & Copthorne Hotels(B)

   21,000     127

Next(B)

   103,404     3,087

Old Mutual(A)(B)

   95,133     146

Pearson(B)

   151,850     2,000

Petrofac(B)

   30,799     543

Prudential(A)(B)

   208,028     1,571

Reckitt Benckiser Group(B)

   49,007     2,283

Reed Elsevier(B)

   673,413     5,000

Rexam(B)

   90,063     406

Rio Tinto(B)

   281,568     12,381

Rolls-Royce Group(B)

   173,634     1,451

Royal Bank of Scotland Group(B)

   4,118,894     2,512

SABMiller(B)

   77,205     2,168

Sage Group(B)

   3,382,553     11,654

Schroders(B)

   15,589     281

Serco Group(B)

   71,964     629

Severn Trent(B)

   9,945     183

Shire(B)

   93,082     1,912

Smith & Nephew(B)

   443,303     4,194

Smiths Group(B)

   56,053     894

Standard Chartered(B)

   8,190     200

Standard Life(B)

   174,000     450

Tate & Lyle(A)(B)

   47,679     319

Tesco(B)

   2,093,424     11,826

Thomas Cook Group(B)

   69,000     183

Tomkins(B)

   54,396     183

Travis Perkins(A)(B)

   172,355     1,877

Tullett Prebon(B)

   100,349     471

Tullow Oil(B)

   290,345     4,325

Unilever(B)

   139,958     3,746

United Utilities Group(B)

   15,995     125

Vedanta Resources(A)(B)

   25,635     806

Vodafone Group(B)

   12,020,144     24,801

Whitbread(B)

   30,404     636

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    8

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

June 30, 2010

 

Description

   Shares   Market Value
($ Thousands)

Willis Group Holdings

   172,400   $ 5,181

WM Morrison Supermarkets(B)

   238,526     944

WPP(B)

   226,174     2,134
       
      289,740
       

United States — 0.6%

    

Advance America Cash Advance Centers

   35,103     145

Air Transport Services Group*

   17,100     81

AmeriCredit*

   54,196     988

Calamos Asset Management, Cl A

   18,335     170

Capital One Financial

   27,123     1,093

Cardtronics*

   13,842     179

Clearwater Paper*

   5,500     301

ConocoPhillips

   5,509     271

Dollar Thrifty Automotive Group*

   2,384     102

Eli Lilly

   4,186     140

Freeport-McMoRan Copper & Gold

   36,417     2,153

Glatfelter

   19,200     208

Hercules Technology Growth Capital

   13,714     126

Hill-Rom Holdings

   19,653     598

KMG Chemicals

   3,300     47

Lubrizol

   2,574     207

MCG Capital

   18,200     88

NGP Capital Resources

   9,600     69

PS Business Parks(C)

   1,536     86

RAIT Financial Trust*(C)

   54,016     101

Seagate Technology*

   162,116     2,114

Western Digital*

   10,308     311
       
      9,578
       

Total Common Stock (Cost $1,647,586) ($ Thousands)

       1,545,658
       

PREFERRED STOCK — 0.8%

    

Brazil — 0.5%

    

Itau Unibanco Holding ADR

   297,500     5,358

NET Servicos de Comunicacao ADR*

   245,600     2,306
       
      7,664
       

Germany — 0.3%

    

Draegerwerk(B)

   2,624     148

Fresenius(B)

   8,716     576

Henkel(A)(B)

   79,974     3,912

Jungheinrich

   2,620     61

Volkswagen(B)

   8,735     768
       
      5,465
       

Total Preferred Stock (Cost $15,306) ($ Thousands)

       13,129
       

WARRANTS — 0.2%

    

Netherlands — 0.2%

    

Shriram Transport Finance, Expires 2014 *

   297,745     3,681
       

Total Warrants (Cost $3,790) ($ Thousands)

     3,681
       

 

Description

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

CORPORATE OBLIGATION — 0.1%

  

United States — 0.1%

    

Shinsei Finance Cayman 6.418%, 01/29/49 (D)(E)(F)

   $ 1,740   $ 1,119
       

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

       1,119
       

MORTGAGE-BACKED SECURITIES — 0.1%

  

Non-Agency Mortgage-Backed Obligation — 0.1%

American Home Mortgage Investment Trust, Ser 2004-3, Cl 3A 2.340%, 10/25/34 (E)

     912     636

First Horizon Alternative Mortgage Trust, Ser 2005-AA3, Cl 3A1 2.256%, 05/25/35 (E)

     658     557
       

Total Mortgage-Backed Securities (Cost $1,557) ($ Thousands)

       1,193
       

ASSET-BACKED SECURITIES — 0.1%

  

Mortgage Related — 0.1%

Master Asset Backed Securities Trust, Ser 2003-WMC2, Cl M1 1.397%, 08/25/33 (E)

     255     238

Morgan Stanley Capital I, Ser 2003-NC8, Cl M1 1.397%, 09/25/33 (E)

     1,506     1,086
       

Total Asset-Backed Securities (Cost $1,767) ($ Thousands)

       1,324
       

RIGHTS — 0.0%

    

Norway — 0.0%

    

Norsk Hydro, Expires 07/13/10*(A)

     1     —  
       

Total Rights (Cost $0) ($ Thousands)

       —  
       

U.S. TREASURY OBLIGATIONS — 0.8%

  

United States Cash Management Bill

    

0.000%, 07/15/10 (G)

     85     85

United States Treasury Bills

    

0.197%, 12/16/10 (G)

     13,013     13,000

0.000%, 09/23/10 (G)

     40     40

0.000%, 08/19/10 (G)

     80     80
       

Total U.S. Treasury Obligations (Cost $13,206) ($ Thousands)

       13,205
       

 

9    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

   Shares   Market Value
($ Thousands)

CASH EQUIVALENT — 0.3%

    

United States — 0.3%

    

SEI Daily Income Trust, Prime Obligation Fund, Cl A, 0.110%†**

   4,945,159   $ 4,945
       

Total Cash Equivalent (Cost $4,945) ($ Thousands)

     4,945
       

AFFILIATED PARTNERSHIP — 9.4%

    

United States — 9.4%

    

SEI Liquidity Fund, L.P., 0.240%†**(H)

   160,570,250     158,402
       

Total Affiliated Partnership (Cost $160,570) ($ Thousands)

       158,402
       

Total Investments — 103.8% (Cost $1,850,467) ($ Thousands)§

     $ 1,742,656
       

A summary of the open futures contracts held by the Fund at June 30, 2010, is as follows:

 

Type of Contract

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

DJ Euro Stoxx 50 Index

    247    Sep-2010    $ (294 ) 

FTSE Index

    73    Sep-2010      (243 ) 

Hang Seng Index

    5    Jul-2010      (16 ) 

MSCI EAFE Index E-MINI

    14    Sep-2010      (53 ) 

Nikkei 225 Index

    29    Sep-2010      (30 ) 

SPI 200 Index

    23    Sep-2010      (121 ) 

Topix Index

    51    Sep-2010      (74 ) 
              
         $ (831 ) 
              

For the period ended June 30, 2010, 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.


A summary of outstanding swap agreements held by the Fund at June 30, 2010, is as follows:

 

    

Total Return Swap

  

Counterparty

  

Reference Entity/Obligation

  

Fund Pays

  

Fund Receives

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

Morgan Stanley

   MSCI Daily TR Net EAFE USD Market Index   3-Month LIBOR Minus 24 Bps   Price Return   01/13/11   USD  (93,075 )    $ (14,572 ) 
                 

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    10

SCHEDULE OF INVESTMENTS (Unaudited)

International Equity Fund

June 30, 2010

 

The following is a summary of the inputs used as of June 30, 2010 in valuing the Fund’s investments carried at value ($ Thousands):

 

Investments in Securities    Level 1    Level 2†    Level 3    Total

Common Stock

            

Argentina

    $ 944    $ 714    $ —      $ 1,658

Australia

      4,282      86,500      —        90,782

Austria

      —        4,303      —        4,303

Belgium

      —        21,788      —        21,788

Bosnia and Herzegovina

      —        125      —        125

Brazil

      24,573      —        —        24,573

Canada

      49,376      —        —        49,376

Chile

      8,185      —        —        8,185

China

      4,376      18,187      —        22,563

Denmark

      —        19,536      —        19,536

Finland

      —        12,364      —        12,364

France

      —        115,479      —        115,479

Germany

      4,732      124,460      —        129,192

Greece

      —        1,566      —        1,566

Hong Kong

      5,242      46,326      —        51,568

India

      —        3,248      —        3,248

Ireland

      209      8,502      —        8,711

Israel

      2,599      4,871      —        7,470

Italy

      3      23,066      —        23,069

Japan

      10,965      268,891      —        279,856

Jersey

      —        5,045      —        5,045

Macau

      —        1,619      —        1,619

Malta

      —        —        —        —  

Netherlands

      —        109,029      —        109,029

New Zealand

      —        1,341      —        1,341

Norway

      —        19,600      —        19,600

Portugal

      —        4,298      —        4,298

Russia

      —        73      —        73

Singapore

      4      20,336      —        20,340

South Africa

      —        4,575      —        4,575

South Korea

      373      21,225      —        21,598

Spain

      99      11,755      —        11,854

Sweden

      —        28,331      —        28,331

Switzerland

      84      129,604      —        129,688

Taiwan

      2,372      —        —        2,372

Thailand

      —        6,200      —        6,200

Turkey

      —        4,965      —        4,965

United Kingdom

      6,407      283,333      —        289,740

United States

      9,578      —        —        9,578

Preferred Stock

            

Brazil

      7,664      —        —        7,664

Germany

      61      5,404      —        5,465

Warrants

            

Netherlands

      —        3,681      —        3,681

Corporate Obligation

            

United States

      —        1,119      —        1,119

Mortgage-Backed Securities

            

United States

      —        1,193      —        1,193

Asset-Backed Securities

            

United States

      —        1,324      —        1,324

Rights

            

Norway

      —        —        —        —  

U.S. Treasury Obligations

     —        13,205      —        13,205

Cash Equivalent

     4,945      —        —        4,945

Affiliated Partnership

     —        158,402      —        158,402
                           

Total Investments in Securities

    $ 147,073    $ 1,595,583    $ —      $ 1,742,656
                           

 

† Represents Common and Preferred Stock securities traded outside the United States, the values of which were adjusted as a result of significant market movements following the close of local trading.

 

11    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Other Financial Instruments*

    Level 1     Level 2     Level 3    Total  

Futures

    $ (831 )    $ —        $ —      $ (831 ) 

Total Return Swap

      —          (14,572 )      —        (14,572 ) 
                               

Total Other Financial Instruments

    $ (831 )    $ (14,572 )    $ —      $ (15,403 ) 
                               

 

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

Percentages are based on a Net Assets of $1,679,462($ Thousands).

* Non-income producing security.
** Rate shown is the 7-day effective yield as of June 30, 2010.
† Affiliated security.
(A) This security or a partial position of this security is on loan at June 30, 2010. The total market value of securities on loan at June 30, 2010 was $151,569 ($ 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 June 30, 2010 was $1,416,659($ Thousands) and represented 84. 4% of Net Assets.
(C) Real Estate Investments Trust.
(D) Securities considered illiquid. The total market value of such securities as of June 30, 2010 was $1,119 ($ Thousands) and represented 0.1% of Net Assets.
(E) Variable Rate Security—The rate reported on the Schedule of Investments is the rate in effect as of June 30, 2010.
(F) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” These securities have been determined to be liquid under guidelines established by the Board of Trustees.
(G) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase.
(H) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of June 30, 2010 was $158,402 ($ Thousands).
§ At June 30, 2010, the tax basis cost of the Fund’s investments was $1,850,467 ($ Thousands), and the unrealized appreciation and depreciation were $44,635 ($ Thousands) and ($152,446)($ Thousands), respectively.

ADR — American Depositary Receipt

Cl — Class

EAFE — Europe, Australasia and Far East

GDR — Global Depositary Receipt

LIBOR — London Interbank Offered Rate

L.P. — Limited Partnership

MSCI — Morgan Stanley Capital International

REIT — Real Estate Investment Trust

Ser — Series

USD — U.S. Dollar

Amounts designated as “—” are $0 or have been rounded to $0.

For information regarding the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.


 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    12

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

June 30, 2010

 

Description

    Shares    Market Value
($ Thousands)

COMMON STOCK — 88.1%

Argentina — 0.5%

      

Tenaris ADR(A)

    64,604    $ 2,236

Ternium ADR(A)

    41,000      1,350
         
        3,586
         

Australia — 0.0%

      

Centamin Egypt*(B)

    115,300      282
         

Brazil — 8.8%

      

Banco Bradesco ADR(A)

    59,812      949

Banco do Brasil

    117,854      1,634

Banco Santander Brasil ADR(A)

    219,020      2,263

Banco Santander Brasil*

    17,300      179

Banestes Banco do Estado do Espirito Santo

    12,900      40

BM&F Bovespa

    301,900      1,960

BR Malls Participacoes

    30,041      395

BR Properties

    164,700      1,151

Brasil Telecom*

    15,380      135

Camargo Correa Desenvolvimento Imobiliario

    9,700      28

Centrais Eletricas Brasileiras

    27,480      367

Cia de Saneamento Basico do Estado de Sao Paulo

    32,469      662

Cia de Saneamento de Minas Gerais

    89,100      1,236

Cia Energetica de Minas Gerais ADR(A)

    59,289      870

Cia Hering

    15,510      404

Cielo

    215,358      1,833

Cosan, Cl A*

    28,700      268

Cyrela Brazil Realty

    42,780      466

Diagnosticos da America

    38,300      361

EDP - Energias do Brasil

    43,923      864

Empresa Brasileira de Aeronautica ADR(A)

    62,930      1,318

Empresa Brasileira de Aeronautica

    236,600      1,234

Equatorial Energia

    19,393      174

Eternit

    34,355      161

Even Construtora e Incorporadora

    15,300      55

Ez Tec Empreendimentos e Participacoes

    12,200      56

Fibria Celulose ADR*(A)

    27,842      412

Fibria Celulose*

    18,225      271

Fleury*

    126,000      1,392

Gafisa ADR(A)

    19,100      231

Gerdau ADR

    18,400      243

Gerdau

    67,463      650

Grendene

    223,775      962

Hypermarcas*

    96,425      1,238

Iguatemi Empresa de Shopping Centers

    73,900      1,294

Investimentos Itau

    2,455      15

JBS

    217,900      910

JHSF Participacoes

    49,600      72

Julio Simoes Logistica*

    163,500      744

Description

    Shares    Market Value
($ Thousands)

Light

    51,145    $ 597

Localiza Rent a Car

    64,588      744

Lojas Renner

    93,349      2,559

M Dias Branco

    10,268      227

MMX Mineracao e Metalicos*

    161,200      944

MRV Engenharia e Participacoes

    62,430      442

Multiplan Empreendimentos Imobiliarios

    6,000      107

Obrascon Huarte Lain Brasil

    5,900      137

OGX Petroleo e Gas Participacoes*

    270,800      2,519

PDG Realty Empreendimentos e Participacoes

    96,484      809

Petroleo Brasileiro

    350,429      6,035

Petroleo Brasileiro ADR

    54,244      1,862

Porto Seguro

    133,670      1,372

Redecard

    102,600      1,452

Refinaria de Petroleos de Manguinhos*

    23,300      18

Rodobens Negocios Imobiliarios

    66,050      431

Sistema Educacional Brasileiro

    72,300      710

SLC Agricola

    125,137      923

Souza Cruz

    23,118      872

Sul America

    8,012      190

Tegma Gestao Logistica

    5,700      48

Telegraph Norte Leste Participacoes ADR(A)

    119,210      1,783

Telegraph Norte Leste Participacoes

    46,900      977

Tivit Terceirizacao de Tecnologia e Servicos

    28,110      282

Totvs

    9,170      673

Tractebel Energia

    35,770      419

Ultrapar Participacoes ADR

    8,780      415

Usinas Siderurgicas de Minas Gerais

    100,235      2,670

Vale

    197,352      4,785

Vale ADR, Cl B(A)

    255,860      6,230

Vivo Participacoes ADR

    2,959      77

Wilson Sons, BDR

    72,005      859
         
        69,665
         

Canada — 0.2%

      

Bankers Petroleum*

    22,400      148

Eldorado Gold

    12,300      221

First Quantum Minerals

    6,749      340

Pacific Rubiales Energy*

    37,720      847
         
        1,556
         

Chile — 1.0%

      

Banco Santander Chile ADR(A)

    16,974      1,139

Centros Comerciales Sudamericanos

    107,944      487

Cia Cervecerias Unidas ADR(A)

    6,000      258

Cia Cervecerias Unidas

    170,049      1,490

Embotelladora Andina ADR, Cl B(A)

    32,078      717

Empresa Nacional de Telecomunicaciones

    83,620      1,122

Enersis ADR(A)

    106,344      2,117

La Polar

    38,000      206

 

1    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

   Shares   Market Value
($ Thousands)

Sociedad Quimica y Minera de Chile ADR(A)

   7,000   $ 228
       
      7,764
       

China — 11.2%

    

AAC Acoustic Technologies Holdings(B)

   439,430     628

Air China, Cl H(B)

   440,000     431

AirMedia Group ADR*(A)

   124,355     388

Ajisen China Holdings(B)

   1,150,897     1,285

Angang Steel, Cl H(A)(B)

   348,000     413

Anhui Conch Cement, Cl H(B)

   411,764     1,197

Asia Cement China Holdings(B)

   1,535,000     742

Ausnutria Dairy(A)(B)

   283,100     173

Baidu ADR*

   5,750     391

Bank of China, Cl H(B)

   10,912,000     5,505

Bank of Communications, Cl H(A)(B)

   1,385,000     1,458

Beijing Capital International Airport, Cl H(B)

   1,216,000     713

Bosideng International Holdings(B)

   716,000     192

BYD Electronic International(B)

   318,500     176

Changyou.com ADR*

   5,700     147

China BlueChemical(B)

   270,000     150

China Citic Bank, Cl H(B)

   748,000     473

China Coal Energy, Cl H(B)

   835,000     1,043

China Communications Construction, Cl H(B)

   521,000     475

China Communications Services, Cl H(B)

   2,210,000     1,068

China Construction Bank, Cl H(B)

   10,560,430     8,501

China Dongxiang Group(B)

   2,595,500     1,730

China Information Security Technology*(A)

   19,400     101

China Life Insurance, Cl H(B)

   581,793     2,544

China Merchants Bank, Cl H(B)

   231,500     554

China Merchants Property Development, Cl B*(B)

   191,300     299

China Molybdenum, Cl H(B)

   394,309     221

China National Materials(B)

   919,110     553

China Petroleum & Chemical, Cl H(B)

   616,000     497

China Petroleum & Chemical ADR

   13,110     1,055

China Railway Construction, Cl H(B)

   2,179,500     2,738

China Railway Group, Cl H*(B)

   571,000     365

China Shenhua Energy(B)

   296,500     1,070

China Shineway Pharmaceutical Group(B)

   151,039     459

China Shipping Development, Cl H(B)

   1,342,000     1,688

China South Locomotive and Rolling Stock(B)

   277,000     189

China Telecom, Cl H(B)

   1,410,000     677

China Vanke, Cl B(B)

   203,600     214

China Yurun Food Group(B)

   416,000     1,308

China Zhongwang Holdings(A)(B)

   261,000     165

Chongqing Changan Automobile, Cl B(B)

   417,400     237

Ctrip.com International ADR*(A)

   60,300     2,265

Dongfang Electric, Cl H(A)(B)

   68,000     209

Description

   Shares   Market Value
($ Thousands)

Dongfeng Motor Group, Cl H(A)(B)

   1,133,280   $ 1,315

Fosun International(B)

   695,327     486

Fuqi International*(A)

   46,740     318

Golden Eagle Retail Group(B)

   120,622     252

Great Wall Motor, Cl H(B)

   524,000     909

Great Wall Technology, Cl H(B)

   98,000     40

Guangzhou R&F Properties(A)(B)

   668,000     845

Haitian International Holdings(B)

   79,000     55

Harbin Electric*

   8,865     148

Harbin Power Equipment, Cl H(B)

   1,024,000     730

Hidili Industry International Development(B)

   413,000     304

Huaneng Power International ADR

   10,690     252

Huaneng Power International, Cl H(B)

   1,412,800     836

Industrial & Commercial Bank of China(B)

   9,993,959     7,264

Jiangling Motors, Cl B

   136,200     245

Kingdee International Software Group(B)

   651,200     245

Lianhua Supermarket Holdings, Cl H(B)

   113,509     416

Longfor Properties(B)

   207,500     208

Lumena Resources*(B)

   2,486,000     656

Maanshan Iron & Steel, Cl H(A)(B)

   2,224,000     970

Mindray Medical International ADR(A)

   46,897     1,474

Netease.com ADR*

   10,430     331

Parkson Retail Group(B)

   147,770     249

PetroChina ADR

   11,290     1,239

PetroChina, Cl H(B)

   3,340,208     3,694

Ping An Insurance Group of China, Cl H(B)

   193,000     1,595

Qingling Motors, Cl H(B)

   206,000     49

Renhe Commercial Holdings(B)

   8,820,000     1,825

Shandong Chenming Paper Holdings, Cl B(B)

   320,400     220

Shandong Molong Petroleum Machinery, Cl H(B)

   4,942     4

Shenzhou International Group Holdings(B)

   151,000     172

Sino-Ocean Land Holdings(B)

   199,500     143

Sinotrans, Cl H(B)

   4,133,000     945

Sinotrans Shipping(B)

   1,174,500     448

Soho China(A)(B)

   3,244,500     1,877

Sohu.com*

   11,260     463

SPG Land Holdings(B)

   135,300     56

Tencent Holdings(A)(B)

   167,804     2,780

Tingyi Cayman Islands Holding(B)

   724,000     1,775

Travelsky Technology, Cl H(B)

   663,000     547

Trina Solar ADR*(A)

   44,800     774

Weichai Power, Cl H(B)

   76,000     490

Weiqiao Textile, Cl H(B)

   1,609,900     983

Xingda International Holdings(B)

   133,000     74

Yangzijiang Shipbuilding Holdings(A)(B)

   1,504,046     1,438

Yanzhou Coal Mining, Cl H(B)

   488,000     938

Zhaojin Mining Industry(B)

   99,000     232

Zhejiang Expressway, Cl H(B)

   787,922     726

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    2

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

June 30, 2010

 

Description

   Shares   Market Value
($ Thousands)

Zhongsheng Group Holdings*

   286,000   $ 353

Zhuzhou CSR Times Electric, Cl H(B)

   648,000     1,372

ZTE, Cl H(A)(B)

   140,600     427
       
      88,874
       

Colombia — 0.1%

    

BanColombia ADR

   10,200     511
       

Czech Republic — 0.3%

    

CEZ(B)

   30,150     1,231

Komercni Banka(B)

   4,723     758

Philip Morris CR(B)

   381     158
       
      2,147
       

Egypt — 0.5%

    

Commercial International Bank(B)

   68,343     800

Egyptian Financial Group-Hermes Holding(B)

   283,856     1,432

National Societe Generale Bank(B)

   6,600     36

Orascom Construction Industries(B)

   21,299     838

Orascom Construction Industries GDR

   6,969     274

Talaat Moustafa Group*(B)

   135,000     172

Telecom Egypt(B)

   70,000     192
       
      3,744
       

Hong Kong — 6.6%

    

Beijing Enterprises Holdings(B)

   124,000     805

Belle International Holdings(B)

   1,842,000     2,613

Chaoda Modern Agriculture(B)

   2,316,680     2,259

Cheung Kong Holdings(B)

   24,000     277

China Gas Holdings(B)

   2,246,000     1,250

China Green Holdings(A)(B)

   284,500     286

China Mengniu Dairy(B)

   389,000     1,261

China Mobile ADR

   35,900     1,774

China Mobile(B)

   1,251,457     12,436

China Pharmaceutical Group(B)

   1,210,000     725

China Power International Development(A)(B)

   4,285,200     935

China Properties Group(B)

   399,000     99

China Resources Power Holdings(B)

   417,800     947

China State Construction International Holdings(B)

   1,889,090     574

China Unicom(B)

   457,624     612

Citic Pacific(B)

   169,000     313

CNOOC(B)

   4,622,948     7,857

Cosco International Holdings(B)

   790,000     383

COSCO Pacific(B)

   1,671,015     1,972

Dah Chong Hong Holdings(B)

   93,000     58

Denway Motors(B)

   3,316,000     1,561

Global Bio-Chemical Technology Group(B)

   3,789,500     521

GOME Electrical Appliances Holdings(B)(C)

   8,267,893     2,495

Guangdong Investment(B)

   398,000     187

GZI Real Estate Investment Trust(B)(D)

   641,065     270

Description

   Shares   Market Value
($ Thousands)

GZI Transportation(B)

   224,000   $ 110

Hengan International Group(B)

   90,500     733

Hopson Development Holdings(B)

   407,983     502

Huabao International Holdings(B)

   2,048,500     2,618

Industrial and Commercial Bank of China Asia(B)

   120,000     318

Inspur International(B)

   1,800,000     159

Kingboard Laminates Holdings(B)

   307,000     258

Kowloon Development(B)

   81,000     80

Kunlun Energy(B)

   978,159     1,233

KWG Property Holding(B)

   345,000     212

Minth Group(B)

   146,000     173

NWS Holdings(A)(B)

   755,625     1,366

Shui On Land(B)

   554,000     238

Sino Biopharmaceutical(B)

   1,408,000     548

Sinolink Worldwide Holdings(B)

   1,980,532     283

Skyworth Digital Holdings(A)(B)

   235,179     155

Texwinca Holdings(B)

   122,000     118

Tianjin Development Holdings(B)

   374,000     227

TPV Technology(B)

   1,009,890     599

Yingde Gases*(B)

   173,500     172
       
      52,572
       

Hungary — 0.3%

    

Egis Gyogyszergyar(B)

   1,631     132

Magyar Telekom(B)

   81,639     224

MOL Hungarian Oil and Gas(A)(B)

   21,476     1,774

Richter Gedeon(B)

   230     41
       
      2,171
       

India — 7.7%

    

Allahabad Bank(B)

   207,470     718

Andhra Bank(B)

   132,787     369

Bank(B)

   10,693     120

Bank of Baroda(B)

   97,079     1,451

Bank of India(B)

   397,508     2,965

Bank of Maharashtra(B)

   45,150     57

Bharat Heavy Electricals(B)

   20,055     1,057

Bharat Petroleum(B)

   13,940     198

Bharti Airtel(B)

   528,299     2,974

Cairn India*(B)

   452,507     2,930

Canara Bank(B)

   86,748     832

Dabur India(B)

   44,600     201

DEN Networks*(B)

   11,414     50

Dishman Pharmaceuticals & Chemicals(B)

   25,103     116

Eicher Motors(B)

   3,755     74

Exide Industries(B)

   8,641     24

GAIL India(B)

   240,288     2,403

Glenmark Pharmaceuticals(B)

   176,870     1,022

Grasim Industries(B)

   18,257     719

Gujarat Alkalies & Chemicals(B)

   8,900     24

Gujarat State Fertilisers & Chemicals(B)

   9,660     52

HCL Technologies(B)

   4,150     32

HDFC Bank ADR

   1,970     282

Hero Honda Motors(B)

   59,030     2,590

Hindalco Industries(B)

   230,070     707

Hindustan Petroleum(B)

   36,020     363

Hindustan Zinc(B)

   19,750     408

Housing Development Finance(B)

   31,423     1,980

ICICI Bank ADR

   12,300     445

 

3    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

   Shares   Market Value
($ Thousands)

India Cements(B)

   1,162,291   $ 2,667

Indian Bank(B)

   315,591     1,524

Indian Overseas Bank(B)

   157,064     350

Industrial Development Bank of India(B)

   110,307     281

Infosys Technologies(B)

   29,341     1,751

ITC(B)

   247,772     1,617

Jindal Steel & Power(B)

   45,600     609

Larsen & Toubro(B)

   5,000     193

LIC Housing Finance(B)

   44,838     957

Mahanagar Telephone Nigam(B)

   507,220     719

Mahindra & Mahindra(B)

   33,830     453

Mangalore Refinery & Petrochemicals(B)

   403,113     650

Nagarjuna Construction(B)

   307,832     1,234

NMDC*(B)

   142,170     805

Oil & Natural Gas(B)

   72,341     2,044

Oriental Bank of Commerce(B)

   135,084     943

Patni Computer Systems(B)

   59,574     658

Power Finance(B)

   296,983     1,907

Punjab National Bank(B)

   40,792     916

Reliance Industries(B)

   114,140     2,656

Rolta India(B)

   384,780     1,377

Samruddhi Cement*

   18,257     191

Sesa GOA*(B)

   60,384     452

Shipping Corporation of India(B)

   18,531     62

Shriram Transport Finance(B)

   22,160     273

State Bank of India GDR^

   22,630     2,243

State Bank of India GDR^(B)

   1,274     127

State Bank of India(B)

   10,510     517

Steel Authority of India(B)

   450,596     1,851

Sterlite Industries India ADR

   17,800     253

Sterlite Industries India(B)

   145,160     524

Syndicate Bank(B)

   161,043     316

Tata Chemicals(B)

   78,203     559

Tata Consultancy Services(B)

   110,954     1,780

Tata Power(B)

   9,356     262

Tata Steel(B)

   19,937     206

Triveni Engineering & Industries(B)

   71,750     155

UCO Bank(B)

   66,550     110

Union Bank of India(B)

   67,958     451

Unitech*(B)

   116,639     184

United Phosphorus*(B)

   55,745     219

Welspun(B)

   256,364     1,272
       
      61,481
       

Indonesia — 2.7%

    

Adaro Energy(B)

   1,247,100     271

Astra International(B)

   799,070     4,222

Bank Central Asia(B)

   1,635,000     1,064

Bank Mandiri(B)

   3,660,458     2,399

Bank Rakyat Indonesia(B)

   3,356,750     3,408

Global Mediacom*(B)(C)

   1,633,900     59

Indika Energy(B)

   465,000     145

Indocement Tunggal Prakarsa(B)

   998,805     1,726

Indosat(B)

   1,219,500     661

International Nickel Indonesia(B)

   1,445,000     590

Kalbe Farma(B)

   2,865,500     658

Medco Energi Internasional(B)

   1,932,000     622

Perusahaan Gas Negara(B)

   4,756,670     2,016

Semen Gresik Persero(B)

   959,000     919

 

Description

   Shares   Market Value
($ Thousands)

Telekomunikasi Indonesia(B)

   3,084,100   $ 2,614

United Tractors GDR(B)

   182,000     373
       
      21,747
       

Israel — 0.3%

    

Bezeq Israeli Telecommunication(B)

   233,200     510

Israel Chemicals(B)

   28,817     301

Makhteshim-Agan Industries(B)

   191,390     640

Teva Pharmaceutical Industries ADR

   15,280     794
       
      2,245
       

Kazakhstan — 0.4%

    

Halyk Savings Bank of Kazakhstan JSC GDR*

   106,839     847

KazMunaiGas Exploration Production GDR(B)

   90,952     1,676

Zhaikmunai GDR*

   44,198     327
       
      2,850
       

Malaysia — 1.9%

    

Axiata Group*(B)

   336,600     405

BIMB Holdings(B)

   36,000     14

CIMB Group Holdings(B)

   823,400     1,773

Gamuda(B)

   940,000     920

Genting(B)

   198,020     433

Genting Malaysia(B)

   2,275,940     1,909

Hong Leong Bank(B)

   334,611     883

Hong Leong Financial Group(B)

   64,700     168

KLCC Property Holdings(B)

   97,600     92

Lafarge Malayan Cement(B)

   89,300     187

Malayan Banking(B)

   1,082,067     2,516

Malaysian Bulk Carriers(B)

   241,877     212

Proton Holdings*(B)

   67,000     91

Public Bank(B)

   727,900     2,673

RHB Capital(B)

   110,200     199

Tanjong(B)

   16,200     87

Tenaga Nasional(B)

   487,735     1,263

Titan Chemicals(B)

   210,000     95

Top Glove(B)

   235,710     996
       
      14,916
       

Mexico — 4.5%

    

Alfa, Cl A

   164,224     1,236

America Movil ADR, Ser L

   111,097     5,277

America Movil, Ser L

   2,001,669     4,754

Bolsa Mexicana de Valores*

   531,715     839

Cemex ADR*(A)

   182,728     1,767

Coca-Cola Femsa

   101,700     640

Consorcio ARA

   869,100     520

Desarrolladora Homex ADR*(A)

   39,090     987

Embotelladoras Arca

   407,150     1,391

Empresas ICA*

   128,100     303

Fomento Economico Mexicano

   200,000     868

Fomento Economico Mexicano ADR(A)

   25,209     1,088

Genomma Lab Internacional, Cl B*

   74,500     248

GEO*

   154,090     413

Grupo Aeroportuario del Centro Norte Sab, Cl B

   30,012     47

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    4

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

June 30, 2010

 

Description

    Shares    Market Value
($ Thousands)

Grupo Aeroportuario del Pacifico, Cl B

    55,100    $ 161

Grupo Bimbo, Ser A

    97,763      706

Grupo Carso, Ser A1

    45,970      147

Grupo Casa Saba ADR

    4,500      47

Grupo Continental(C)

    388,051      1,080

Grupo Financiero Banorte, Cl O

    929,459      3,617

Grupo Mexico, Ser B

    950,693      2,265

Grupo Modelo

    57,945      288

Grupo Simec, Cl B*

    108,690      256

Grupo Televisa ADR

    100,948      1,757

Grupo Televisa(A)

    315,243      1,106

Industrias, Cl B*

    149,001      504

Telefonos de Mexico ADR, Ser L(A)

    38,922      549

Urbi Desarrollos Urbanos*

    1,478,347      2,754
         
        35,615
         

Netherlands — 0.1%

      

Plaza Centers

    346,904      519
         

Nigeria — 0.0%

      

Guaranty Trust Bank

    1,636,892      182
         

Panama — 0.2%

      

Copa Holdings, Cl A

    34,700      1,534
         

Peru — 0.0%

      

Cia de Minas Buenaventura ADR

    7,600      292
         

Philippines — 0.5%

      

Bank of the Philippine Islands(B)

    437,171      424

Energy Development(B)

    1,849,000      176

Globe Telecom(B)

    1,376      26

International Container Terminal Services(B)

    555,200      364

Philippine Long Distance Telephone ADR(A)

    14,152      721

Philippine Long Distance Telephone(B)

    19,540      999

SM Investments(B)

    89,360      799

Union Bank of Philippines(B)

    227,980      205
         
        3,714
         

Poland — 0.8%

      

Asseco Poland(B)

    52,609      831

Bank Pekao(B)

    9,310      426

Cyfrowy Polsat(B)

    64,908      271

Gant Development*(B)

    6,000      34

KGHM Polska Miedz(B)

    38,413      997

Polish Oil & Gas(B)

    247,000      239

Polski Koncern Naftowy Orlen(B)

    104,446      1,087

Powszechna Kasa Oszczednosci Bank Polski(B)

    37,180      398

Powszechny Zaklad Ubezpieczen*

    6,810      706

Synthos*(B)

    239,120      126

 

Description

    Shares    Market Value
($ Thousands)

Telekomunikacja Polska(B)

    214,960    $ 906
         
        6,021
         

Russia — 6.0%

      

CTC Media

    14,400      208

Eurasia Drilling GDR

    62,947      1,215

Evraz Group GDR^(B)

    27,175      634

Evraz Group GDR^

    25,518      639

Globaltrans Investment GDR^

    116,879      1,670

Globaltrans Investment GDR^(B)

    27,194      384

Integra Group Holdings GDR*(B)

    134,503      299

LSR Group GDR*(B)

    205,484      1,545

Lukoil ADR^

    155,492      8,008

Lukoil ADR^(B)

    2,593      133

Magnit GDR

    66,305      928

Magnitogorsk Iron & Steel Works GDR(B)

    117,319      1,072

Mechel ADR

    17,036      309

MMC Norilsk Nickel ADR(A)(B)

    298,820      4,283

Mobile Telesystems ADR

    175,310      3,359

NovaTek OAO GDR(B)

    6,750      481

OAO Gazprom ADR

    595,242      11,363

Pharmstandard GDR*

    32,338      711

Rosneft Oil GDR(B)

    577,835      3,524

Sberbank GDR^(B)

    4,048      1,011

Sberbank GDR^

    942      233

Severstal GDR(B)

    69,768      672

Sistema GDR

    16,232      385

Surgutneftegas ADR(A)

    113,865      774

Tatneft ADR(B)

    11,100      310

Uralkali GDR(B)

    24,244      431

VTB Bank GDR(B)

    498,328      2,394

X5 Retail Group GDR*(B)

    24,750      831
         
        47,806
         

South Africa — 6.3%

      

ABSA Group(A)(B)

    138,800      2,189

Adcock Ingram Holdings(B)

    13,409      101

African Bank Investments(A)(B)

    303,116      1,191

African Rainbow Minerals(B)

    4,200      88

Anglo Platinum(B)

    4,590      434

AngloGold Ashanti ADR(A)

    15,999      691

AngloGold Ashanti(B)

    4,000      173

ArcelorMittal South Africa(B)

    77,147      761

Aspen Pharmacare Holdings(A)(B)

    60,489      598

Assore(B)

    1,200      108

Aveng(A)(B)

    32,000      143

Barloworld(A)(B)

    371,052      1,959

Bidvest Group(B)

    47,274      749

Clicks Group*(B)

    95,180      419

DataTec(B)

    45,000      166

Exxaro Resources(B)

    25,309      363

FirstRand(B)

    1,014,378      2,377

Fountainhead Property Trust(B)

    164,460      134

Gold Fields ADR

    22,110      296

Gold Fields(B)

    45,000      604

Grindrod(B)

    137,731      257

Group Five(B)

    21,043      94

Harmony Gold Mining(A)(B)

    119,040      1,270

 

5    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

   Shares   Market Value
($ Thousands)

Hosken Consolidated Investments

   1,078   $ 11

Hyprop Investments(A)(B)

   16,578     108

Impala Platinum Holdings(B)

   128,107     2,985

Imperial Holdings(A)(B)

   104,959     1,169

Investec(B)

   115,416     806

JD Group(A)(B)

   222,770     1,171

Kumba Iron Ore(A)(B)

   20,765     859

Life Healthcare Group Holdings*

   394,765     698

Metmar(B)

   42,489     22

Metropolitan Holdings(B)

   309,962     647

Mondi(A)(B)

   254,463     1,493

Mr Price Group(A)(B)

   162,312     944

MTN Group(B)

   440,069     5,774

Murray & Roberts Holdings(B)

   381,160     1,921

Nampak(A)(B)

   394,822     986

Naspers, Cl N(A)(B)

   38,083     1,284

Nedbank Group(B)

   25,324     395

Netcare(B)

   389,014     653

Pioneer Foods(B)

   13,357     71

Raubex Group(B)

   91,914     227

Redefine Properties(B)

   184,587     173

Remgro(A)(B)

   55,130     679

Sanlam(A)(B)

   373,573     1,109

Sappi(B)

   211,167     819

Sasol(B)

   126,552     4,501

Sasol ADR(A)

   9,070     320

Standard Bank Group(A)(B)

   282,166     3,746

Telkom(B)

   55,230     271

Tiger Brands(B)

   7,844     174

Vodacom Group(B)

   6,154     47

Wilson Bayly Holmes-Ovcon(B)

   10,000     143

Woolworths Holdings(B)

   153,075     476
       
      49,847
       

South Korea — 11.9%

    

Cheil Jedang(B)

   10,531     910

Daegu Bank(B)

   60,100     683

Daewoo Shipbuilding & Marine Engineering(B)

   53,470     811

Daishin Securities(B)

   39,600     455

Dongbu Insurance(B)

   27,153     779

Dongkuk Steel Mill(B)

   17,310     309

Doosan Heavy Industries and Construction(B)

   3,675     225

GS Engineering & Construction(B)

   9,633     584

Halla Climate Control(B)

   29,320     390

Hanwha Chemical(B)

   83,350     1,197

Honam Petrochemical(B)

   6,878     814

Hyundai Department Store(B)

   3,745     358

Hyundai Development(B)

   81,000     1,805

Hyundai Engineering & Construction(B)

   30,697     1,411

Hyundai Heavy Industries(B)

   3,190     607

Hyundai Marine & Fire Insurance(B)

   8,970     178

Hyundai Mobis(B)

   2,821     473

Hyundai Motor(B)

   27,112     3,172

Jinro(B)

   16,320     450

Kangwon Land(B)

   136,340     2,056

KB Financial Group ADR

   3,200     121

KB Financial Group(B)

   60,144     2,305

Korea Electric Power(B)

   69,940     1,805

Description

   Shares   Market Value
($ Thousands)

Korea Exchange Bank(B)

   69,230   $ 706

Korea Kumho Petrochemical(B)

   10,910     455

Korean Air Lines(B)

   8,300     551

Korean Reinsurance(B)

   146,286     1,145

KP Chemical(B)

   38,860     365

KT(B)

   33,640     1,242

KT ADR(A)

   42,320     811

KT&G(B)

   26,444     1,300

LG(B)

   29,273     1,566

LG Chemical(B)

   2,100     527

LG Electronics(B)

   55,103     4,190

LG Philips LCD(B)

   110,350     3,629

LG Telecom(B)

   43,930     274

Lotte Chilsung Beverage(B)

   404     262

Lotte Shopping(B)

   820     235

MegaStudy(B)

   5,200     687

Nong Shim(B)

   5,179     969

OCI(B)

   819     165

POSCO(B)

   17,694     6,704

POSCO ADR(A)

   10,210     963

Pusan Bank(B)

   91,070     821

Samsung Electro-Mechanics(B)

   3,695     462

Samsung Electronics(B)

   37,180     23,320

Samsung Engineering(B)

   16,518     1,530

Samsung Fire & Marine Insurance(B)

   18,734     2,974

Samsung SDI(B)

   910     127

Shinhan Financial Group(B)

   159,210     5,860

Shinsegae(B)

   9,021     3,898

SK Holdings(B)

   4,050     288

SK Telecom ADR(A)

   89,630     1,320

SK Telecom(B)

   2,336     306

S-Oil(B)

   22,535     988

Taewoong(B)

   4,014     180

Tong Yang Life Insurance(B)

   126,730     1,320

Woongjin Thinkbig(B)

   14,650     303

Woori Investment & Securities(B)

   26,790     343

Yuhan(B)

   10,590     1,323
       
      94,007
       

Sweden — 0.1%

    

Alliance Oil*(B)

   76,782     854

Oriflame Cosmetics(A)(B)

   5,205     271
       
      1,125
       

Taiwan — 9.8%

    

Acer(B)

   653,725     1,517

Advanced Semiconductor

    

Engineering(B)

   1,850,404     1,457

Asia Cement(B)

   1,053,000     925

Asustek Computer(B)

   144,148     1,062

AU Optronics ADR

   114,450     1,016

AU Optronics(B)

   1,936,418     1,715

Catcher Technology(B)

   501,000     1,081

Cathay Financial Holding(B)

   1,169,200     1,730

Cathay Financial Holding GDR

   30,034     449

Chang Hwa Commercial Bank(B)

   1,858,000     846

Cheng Loong(B)

   126,000     46

China Steel(B)

   595,819     549

Chinatrust Financial Holding(B)

   6,821,861     3,728

Chunghwa Telecom(B)

   598,570     1,185

Chunghwa Telecom ADR

   7,300     144

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    6

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

June 30, 2010

 

Description

   Shares   Market Value
($ Thousands)

Compal Electronics(B)

   1,925,549   $ 2,293

Delta Electronics(B)

   186,000     594

Far Eastern New Century(B)

   1,038,538     1,068

Far EasTone Telecommunications(B)

   122,000     150

First Financial Holding(B)

   3,244,192     1,787

Gigabyte Technology(B)

   77,000     75

High Tech Computer(B)

   149,100     1,980

Hon Hai Precision Industry(B)

   1,858,134     6,513

Hon Hai Precision Industry GDR

   47,938     340

Hotai Motor(B)

   25,000     60

Hung Poo Real Estate Development(B)

   121,000     149

Lite-On Technology(B)

   876,531     961

Macronix International(B)

   560,000     368

MediaTek(B)

   305,857     4,269

Mega Financial Holding(B)

   1,451,000     775

Nan Ya Printed Circuit Board(B)

   143,967     583

Novatek Microelectronics(B)

   278,410     747

Pegatron*

   535,718     501

Pou Chen(B)

   340,000     264

Powertech Technology(B)

   118,000     328

President Chain Store(B)

   220,000     649

Prime View International(B)

   937,000     1,137

Quanta Computer(B)

   1,952,649     3,530

Richtek Technology*(B)

   58,000     486

Siliconware Precision Industries ADR(A)

   235,700     1,261

Siliconware Precision Industries(B)

   16,002     17

Silitech Technology*(B)

   107,000     274

Simplo Technology(B)

   63,000     341

Sincere Navigation*(B)

   206,000     240

SinoPac Financial Holdings(B)

   4,085,230     1,288

Soft-World International*(B)

   84,000     404

Synnex Technology International(B)

   230,000     498

Taishin Financial Holding(B)

   599,000     230

Taiwan Cooperative Bank(B)

   811     —  

Taiwan Fertilizer(B)

   927,000     2,425

Taiwan Semiconductor Manufacturing(B)

   6,138,908     11,474

Taiwan Semiconductor Manufacturing ADR

   221,526     2,162

Tatung*(B)

   5,921,000     1,039

Teco Electric and Machinery(B)

   565,000     232

Transcend Information(B)

   223,660     590

Tripod Technology(B)

   99,000     366

Tung Ho Steel Enterprise(B)

   136,820     107

TXC*(B)

   153,000     236

U-Ming Marine Transport(B)

   356,000     679

United Microelectronics ADR(A)

   53,260     155

United Microelectronics(B)

   8,873,312     3,905

Wintek(B)

   492,000     393

Wistron GDR

   29,053     494

Wistron(B)

   342,000     501

WPG Holdings*(B)

   169,000     312

Young Fast Optoelectronics(B)

   26,000     196

Yuanta Financial Holding(B)

   1,104,000     589
       
      77,465
       

Description

   Shares   Market Value
($ Thousands)

Thailand — 2.1%

    

Advanced Info Service^

   17,600   $ 46

Advanced Info Service^(B)

   466,700     1,244

Airports of Thailand(B)

   3,000     3

Bangkok Bank(B)

   630,800     2,443

Banpu(B)

   34,111     632

Bumrungrad Hospital(B)

   768,450     733

Charoen Pokphand Foods(B)

   98,000     61

CP ALL(B)

   388,400     342

Glow Energy(B)

   816,421     933

Kasikornbank(B)

   811,100     2,324

Krung Thai Bank(B)

   913,540     352

PTT(B)

   213,100     1,602

PTT Exploration & Production

   51,660     223

Siam Cement(B)

   325,154     2,604

Siam Commercial Bank^(B)

   458,700     1,141

Siam Commercial Bank^

   500,500     1,236

Thai Airways International(B)

   157,500     124

Thai Oil(B)

   149,500     202

Thanachart Capital(B)

   899,553     796
       
      17,041
       

Turkey — 2.5%

    

Akenerji Elektrik Uretim(B)

   103,080     201

Anadolu Efes Biracilik Ve Malt Sanayii(B)

   100,181     1,169

BIM Birlesik Magazalar(B)

   8,753     243

Cimsa Cimento Sanayi VE Tica(B)

   201,448     1,106

Ford Otomotiv Sanayi(B)

   155,231     1,002

Haci Omer Sabanci Holding(B)

   58,424     234

Hurriyet Gazetecilik(B)

   341,370     277

KOC Holding(B)

   24,000     81

Selcuk Ecza Deposu Ticaret ve Sanayi A.S.(B)

   83,743     114

Sinpas Gayrimenkul Yatirim Ortakligi*(B)(D)

   106,175     126

Tekfen Holding(B)

   194,921     574

Tofas Turk Otomobil Fabrikasi(B)

   153,555     518

Tupras Turkiye Petrol Rafine(B)

   144,346     2,619

Turk Hava Yollari*(B)

   123,433     304

Turk Sise ve Cam Fabrikalari*(B)

   2,057,915     2,248

Turkcell Iletisim Hizmet(B)

   365,299     1,895

Turkcell Iletisim Hizmet ADR

   59,620     774

Turkiye Garanti Bankasi(B)

   580,574     2,416

Turkiye Halk Bankasi(B)

   115,929     856

Turkiye Is Bankasi, Cl C(B)

   600,401     1,858

Turkiye Sinai Kalkinma Bankasi(B)

   1,077,620     1,192

Turkiye Vakiflar Bankasi Tao, Cl D(B)

   126,000     287

Yazicilar Holding, Cl A(B)

   12,596     74
       
      20,168
       

United Arab Emirates — 0.0%

DP World(B)

   831,100     364
       

United Kingdom — 0.7%

Afren*(B)

   286,953     363

African Barrick Gold*

   96,090     912

Anglo American*(B)

   67,344     2,348

 

7    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

    Shares    Market Value
($ Thousands)

Antofagasta(B)

    73,430    $ 855

BHP Billiton(B)

    10,581      275

Cairn Energy*(B)

    70,521      434

JKX Oil & Gas(B)

    125,620      456

Tullow Oil(B)

    12,991      193
         
        5,836
         

United States — 0.1%

      

Central European Distribution*

    6,191      133

Millicom International Cellular

    6,800      551

NII Holdings*

    8,580      279
         
        963
         

Total Common Stock (Cost $640,011) ($ Thousands)

         698,610
         

PREFERRED STOCK — 6.5%

      

Brazil — 6.5%

      

Banco Bradesco

    87,800      1,383

Banco do Estado do Rio Grandedo Sul

    41,500      295

Banco Pine

    3,300      18

Bombril*

    14,100      62

Bradespar

    75,383      1,368

Brasil Telecom*

    100,582      675

Braskem

    284,070      2,005

Cia Brasileira de Distribuicao Grupo Pao de Acucar, Cl Preference

    24,489      857

Cia de Bebidas das Americas ADR(A)

    17,298      1,747

Cia de Bebidas das Americas

    14,300      1,425

Cia de Tecidos do Norte de Minas - Coteminas

    155,332      402

Cia Energetica de Minas Gerais

    170,666      2,471

Cia Paranaense de Energia

    62,053      1,275

Confab Industrial

    94,037      257

Construtora Sultepa

    600      2

Eletropaulo Metropolitana Eletricidade de Sao Paulo

    91,114      1,833

Investimentos Itau

    473,889      2,831

Itau Unibanco Holding

    69,864      1,261

Itau Unibanco Holding ADR*

    243,979      4,394

Klabin

    246,519      691

Metalurgica Gerdau, Cl A

    55,999      915

NET Servicos de Comunicacao*

    6,800      64

Parana Banco

    10,700      50

Petroleo Brasileiro

    331,442      4,957

Petroleo Brasileiro Sponsored ADR, Cl A

    237,555      7,079

Randon Participacoes

    206,300      1,158

Schulz

    900      17

Suzano Papel e Celulose

    86,788      732

Telecomunicacoes de Sao Paulo

    54,666      1,111

Telegraph Norte Leste Participacoes

    10,000      150

Tim Participacoes

    490,700      1,329

Ultrapar Participacoes

    17,400      831

Universo Online

    5,200      27

Vale, Cl A

    202,631      4,294

 

Description

    Shares    Market Value
($ Thousands)

Vale ADR, Cl B(A)

    173,376    $ 3,644
         

Total Preferred Stock (Cost $38,143) ($ Thousands)

         51,610
         

EXCHANGE TRADED FUNDS — 0.5%

      

United States — 0.5%

      

iShares MSCI Emerging Markets Index Fund(A)

    79,968      2,984

Vanguard Emerging Markets ETF

    25,453      967
         

Total Exchange Traded Funds (Cost $4,227) ($ Thousands)

         3,951
         

EQUITY-LINKED
WARRANTS —0.1%

      

Russia — 0.1%

      

Sberbank, Expires 2012 *

    442,800      1,083
         

Total Equity-Linked Warrants
(Cost $1,209) ($ Thousands)

         1,083
         

DEBENTURE BOND — 0.0%

      

Brazil — 0.0%

      

Vale, Ser 1997 0.000%, 09/30/49(E)

    8      —  
         

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

         —  
         

RIGHTS — 0.0%

      

China — 0.0%

      

Bank of Communications Co., Ltd., Expires 07/09/10*(A)

    112      46
         

Hong Kong — 0.0%

      

Global Bio-Chemical Technology Group, Expires 07/15/10*

    1,516      60
         

Total Rights (Cost $0) ($ Thousands)

         106
         

CASH EQUIVALENT — 0.3%

      

United States — 0.3%

      

SEI Daily Income Trust, Prime Obligation Fund, Cl A, 0.110%†**

    2,076,280      2,076
         

Total Cash Equivalent (Cost $2,076) ($ Thousands)

         2,076
         

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    8

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

June 30, 2010

 

Description

   Shares   Market Value
($ Thousands)

AFFILIATED PARTNERSHIP — 7.7%

United States — 7.7%

    

SEI Liquidity Fund, L.P., 0.240%†**(F)

   62,603,841   $ 61,536
       

Total Affiliated Partnership (Cost
$62,604) ($ Thousands)

       61,536
       

Total Investments — 103.2% (Cost
$748,270) ($ Thousands)§

     $ 818,972
       

 

9    SEI Institutional International Trust / Quarterly Report / June 30, 2010

The following is a summary of the inputs used as of June 30, 2010 in valuing the Fund’s investments carried at value ($ Thousands):

 

Investments in Securities    Level 1    Level 2†    Level 3    Total

Common Stock

            

Argentina

    $ 3,586    $ —      $ —      $ 3,586

Australia

      —        282      —        282

Brazil

      69,665      —        —        69,665

Canada

      1,556      —        —        1,556

Chile

      7,764      —        —        7,764

China

      9,944      78,930      —        88,874

Colombia

      511      —        —        511

Czech Republic

      —        2,147      —        2,147

Egypt

      274      3,470      —        3,744

Hong Kong

      1,774      50,798      —        52,572

Hungary

      —        2,171      —        2,171

India

      3,414      58,067      —        61,481

Indonesia

      —        21,747      —        21,747

Israel

      794      1,451      —        2,245

Kazakhstan

      1,174      1,676      —        2,850

Malaysia

      —        14,916      —        14,916

Mexico

      35,615      —        —        35,615

Netherlands

      519      —        —        519

Nigeria

      182      —        —        182

Panama

      1,534      —        —        1,534

Peru

      292      —        —        292

Philippines

      721      2,993      —        3,714

Poland

      706      5,315      —        6,021

Russia

      29,802      18,004      —        47,806

South Africa

      2,016      47,831      —        49,847

South Korea

      3,215      90,792      —        94,007

Sweden

      —        1,125      —        1,125

Taiwan

      6,522      70,943      —        77,465

Thailand

      1,505      15,536      —        17,041

Turkey

      774      19,394      —        20,168

United Arab Emirates

      —        364      —        364

United Kingdom

      912      4,924      —        5,836

United States

      963      —        —        963

Preferred Stock

            

Brazil

      51,610      —        —        51,610

Exchange Traded Funds

            

United States

      3,951      —        —        3,951

Equity-Linked Warrant

            

Russia

      —        1,083      —        1,083

Debenture Bond

            

Brazil

      —        —        —        —  

Rights

            

China

      46      —        —        46

Hong Kong

      60      —        —        60

Cash Equivalent

            

United States

      2,076      —        —        2,076

Affiliated Partnership

            

United States

      —        61,536      —        61,536
                           

Total Investments in Securities

    $ 243,477    $ 575,495    $ —      $ 818,972
                           

 

† Represents Common Stock securities traded outside the United States, the values of which were adjusted as a result of significant market movements following the close of local trading.

 

      Common Stock  

Beginning balance as of October 1, 2009

    $ 7   

Accrued discounts/premiums

      —     

Realized gain/(loss)

      (10 ) 

Change in unrealized appreciation/(depreciation)

      10   

Net purchases/sales

      (7 ) 

Net transfer in and/or out of Level 3

      —     
        

Ending balance as of June 30, 2010

    $ —     
        

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    10

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Equity Fund

June 30, 2010

 

Percentages are based on a Net Assets of $793,229($ Thousands).

* Non-income producing security.

 

** Rate shown is the 7-day effective yield as of June 30, 2010.

 

^ The Fund may hold depository receipts or shares of the same company that are traded on different exchanges.

 

† Affiliated security.

 

(A) This security or a partial position of this security is on loan at June 30, 2010. The total market value of securities on loan at June 30, 2010 was $58,833 ($ 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 June 30, 2010 was $512,876 ($ Thousands) and represented 64.7% of Net Assets.

 

(C) Securities considered illiquid. The total market value of such securities as of June 30, 2010 was $3,634 ($ Thousands) and represented 0.5% of Net Assets.

 

(D) Real Estate Investments Trust.

 

(E) Variable Rate Security - The rate reported on the Schedule of Investments is the rate in effect as of June 30, 2010.

 

(F) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of June 30, 2010 was $61,536 ($ Thousands).

 

§ At June 30, 2010, the tax basis cost of the Fund’s investments was $748,270 ($ Thousands), and the unrealized appreciation and depreciation were $121,177 ($ Thousands) and ($50,475)($ Thousands), respectively.

ADR — American Depositary Receipt

BDR — Brazilian Depositary Receipt

Cl — Class

GDR — Global Depositary Receipt

L.P. — Limited Partnership

Ltd — Limited

MSCI — Morgan Stanley Capital International

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.


 

11    SEI Institutional International Trust / Quarterly Report / June 30, 2010

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

June 30, 2010

 

Description

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

GLOBAL BONDS — 86.7%

   

Australia — 1.7%

     

Commonwealth Bank of Australia

     

3.750%, 10/15/14(A)

   USD  425    $ 437

Fairfax Med

     

5.250%, 06/15/12

     250      307

Government of Australia, Ser 122

     

5.250%, 03/15/19

     300      257

Government of Australia, Ser 123

     

5.750%, 04/15/12

     1,000      863

Government of Australia, Ser 25CI

     

3.000%, 09/20/25

     640      578

Macquarie Bank MTN

     

5.500%, 09/19/16(B) GBP

     336      476

1.056%, 12/06/16(B)

   EUR  350      399

New South Wales Treasury

     

5.250%, 05/01/13

     980      836

QBE Insurance Group MTN

     

6.125%, 09/28/15

   GBP  250      403

Queensland Treasury

     

6.000%, 09/14/17

     1,630      1,422

Rio Tinto Finance

     

5.875%, 07/15/13

   USD  500      548

Suncorp-Metway MTN

     

4.000%, 01/16/14

   GBP  550      873

Westpac Banking MTN

     

4.250%, 09/22/16

   EUR  350      447

4.250%, 01/25/12

   EUR  300      382
        
       8,228
        

Austria — 0.5%

     

Republic of Austria MTN

     

4.000%, 09/15/16

     600      804

3.900%, 07/15/20

     300      389

Republic of Austria, Ser 97-6

     

6.250%, 07/15/27

     225      366

Republic of Austria, Ser E MTN

     

3.800%, 10/20/13

     675      890
        
       2,449
        

Belgium — 1.7%

     

Anheuser-Busch InBev

     

8.625%, 01/30/17

     200      323

5.375%, 01/15/20

     450      485

4.000%, 04/26/18

     300      380

Dexia Funding

     

4.892%, 11/30/49(B)

     200      137

Fortis Bank

     

4.625%, 10/24/49(B)

     200      188

Kingdom of Belgium, Ser 31

     

5.500%, 03/28/28

     2,022      2,965

Kingdom of Belgium, Ser 44

     

5.000%, 03/28/35

     325      458

Kingdom of Belgium, Ser 48

     

4.000%, 03/28/22

     2,100      2,671

Kingdom of Belgium, Ser 56

     

3.500%, 03/28/15

     750      967
        
       8,574
        

Description

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

Bermuda — 0.0%

     

Fidelity International

     

6.875%, 02/24/17

     175    $ 227
        

Brazil — 0.3%

     

Centrais Eletricas Brasileiras

     

6.875%, 07/30/19

   USD  150      162

Federal Republic of Brazil

     

10.250%, 01/10/28

     370      206

Petrobras International Finance

     

5.750%, 01/20/20

   USD  650      655

Vale Overseas

     

6.875%, 11/21/36

   USD  301      314
        
       1,337
        

Canada — 4.1%

     

Bank of Montreal MTN

     

4.250%, 01/23/13

   EUR  250      323

Bell Canada MTN

     

5.000%, 02/15/17

     270      264

Canadian Natural Resources

     

5.150%, 02/01/13

   USD  175      189

Canadian Pacific Railway

     

6.500%, 05/15/18

   USD  99      113

CDP Financial

     

4.400%, 11/25/19(A)

   USD  850      873

Export Development Canada MTN

     

2.375%, 03/19/12

   USD  800      819

Government of Canada

     

5.750%, 06/01/33

      1,300      1,615

5.000%, 06/01/37

     2,200      2,548

5.000%, 06/01/14

     4,350      4,532

4.500%, 06/01/15

     1,550      1,606

4.000%, 06/01/16

     2,438      2,475

3.750%, 06/01/12

     2,835      2,786

3.500%, 06/01/13

     830      818

Province of Quebec Canada

     

4.250%, 02/27/13

   EUR  450      586

Royal Bank of Canada MTN

     

4.625%, 01/22/18

   EUR 252      340

Teck Resources

     

9.750%, 05/15/14(A)

   USD 95      112

YPG Holdings MTN

     

5.250%, 02/15/16

     179      165
        
       20,164
        

Chile — 0.1%

     

Nacional del Cobre de Chile

     

6.150%, 10/24/36(A)

   USD  640      701
        

Colombia — 0.1%

     

Ecopetrol

     

7.625%, 07/23/19(A)

   USD  237      268
        

Croatia — 0.1%

     

Government of Croatia

     

6.750%, 11/05/19(A)

   USD  420      440
        

 

1    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

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

Czech Republic — 0.1%

    

Government of Czech Republic, Ser 51

    

4.000%, 04/11/17

     5,450   $ 267
       

Denmark — 0.9%

    

Danske Bank MTN

    

4.875%, 06/11/13

   EUR  150     199

4.125%, 11/26/19

   EUR  290     374

FIH Erhvervsbank

    

2.000%, 06/12/13(A)

   USD  925     931

Kingdom of Denmark

    

4.500%, 11/15/39

     1,300     263

4.000%, 11/15/17

      4,450     814

4.000%, 11/15/12

     5,416     953

3.125%, 03/17/14

   EUR  500     646
       
      4,180
       

Finland — 0.2%

    

Government of Finland

    

4.375%, 07/04/19

     225     312

3.875%, 09/15/17

     350     473
       
      785
       

France — 12.1%

    

AXA MTN

    

5.250%, 04/16/40(B)

     600     679

4.500%, 01/23/15

     100     130

Banque PSA Finance MTN

    

6.375%, 11/16/10

     525     653

BNP Paribas

    

5.019%, 04/29/49(B)

     1,150     1,092

BPCE MTN

    

6.117%, 10/29/49(B)

     100     83

Caisse d’Amortissement de la Dette Sociale MTN

    

4.500%, 09/04/13

     2,600     3,478

3.250%, 04/25/13

     550     709

Caisse Refinancement de l’Habitat

    

4.250%, 10/25/14

     332     440

Cie de Saint-Gobain MTN

    

6.000%, 05/20/13

     50     66

CIE Financement Foncier

    

4.625%, 09/23/17

     515     695

Compagnie de Financement Foncier

    

4.500%, 01/09/13

     290     379

Compagnie De St Gobain MTN

    

0.890%, 04/11/12(B)

     350     423

Credit Agricole

    

7.875%, 10/29/49(B)

     150     175

Credit Agricole Covered Bonds MTN

    

3.500%, 07/21/14

     200     257

Credit Logement

    

4.604%, 03/29/49(B)(C)

     350     295

4.000%, 12/15/49(B)(C)

     150     143

Dexia Credit Local

    

2.375%, 09/23/11(A)

   USD  500     507

Description

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

EDF

    

6.500%, 01/26/19(A)

   USD  250   $ 291

Eutelsat

    

4.125%, 03/27/17

     450     548

France Telecom

    

5.375%, 07/08/19

   USD  375     409

French Treasury Note BTAN

    

3.750%, 09/12/10

     7,100     8,752

Government of France

    

4.750%, 04/25/35

     2,815     4,043

4.500%, 04/25/41

     950     1,333

4.250%, 04/25/19

     640     868

4.000%, 04/25/13

     1,200     1,588

3.750%, 10/25/19

     1,450     1,886

3.750%, 04/25/21

     2,300     2,964

3.500%, 04/25/15

     535     702

3.500%, 04/25/20

     12,570     15,953

3.000%, 10/25/15

     1,200     1,540

HSBC France MTN

    

4.875%, 01/15/14

     250     331

Lafarge

    

8.750%, 05/30/17

   GBP  250     427

6.150%, 07/15/11

   USD  475     487

Natixis MTN

    

0.894%, 01/26/17(B)

     300     337

RCI Banque

    

8.125%, 05/15/12

     250     330

4.375%, 01/27/15

     170     206

Remy Cointreau

    

5.180%, 12/15/16

     350     419

Safran

    

4.000%, 11/26/14

     250     315

Societe Financement del’Economie Francaise

    

3.375%, 05/05/14(A)

   USD  905     945

3.125%, 06/30/14

      575     739

2.125%, 01/30/12(A)

   USD  2,430     2,466

Societe Generale MTN

    

0.881%, 06/07/17(B)

      200     234

0.515%, 10/20/16(B)

   USD  150     143

Societe Generale Societe de Credit Fonciere MTN

    

4.000%, 07/07/16

     650     854

Vivendi MTN

    

7.750%, 01/23/14

     250     355
       
      59,669
       

Germany — 10.4%

    

Bayer MTN

    

5.625%, 05/23/18 GBP

     150     244

Bayerische Landesbank MTN

    

4.500%, 02/07/19(B)

     350     364

2.750%, 01/23/12

     750     940

Bundesobligation

    

2.250%, 04/10/15

     800     1,016

Bundesrepublik Deutschland

    

3.000%, 07/04/20

     50     64

Bundesrepublik Deutschland, Ser 00

    

5.500%, 01/04/31

     100     163

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    2

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

June 30, 2010

 

Description

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

Bundesrepublik Deutschland, Ser 02

    

5.000%, 01/04/12

     125   $ 164

Bundesrepublik Deutschland, Ser 03

    

4.750%, 07/04/34

     1,460     2,209

Bundesrepublik Deutschland, Ser 04

    

3.750%, 01/04/15

     3,500     4,730

Bundesrepublik Deutschland, Ser 06

    

3.750%, 01/04/17

     2,250     3,056

Bundesrepublik Deutschland, Ser 07

    

4.250%, 07/04/39

     100     144

Bundesrepublik Deutschland, Ser 08

    

4.750%, 07/04/40

     3,255     5,079

4.250%, 07/04/18

     125     175

Bundesrepublik Deutschland, Ser 09

    

3.250%, 01/04/20

     750     976

Bundesschatzanweisungen

    

4.000%, 09/10/10

     16,800     20,711

0.500%, 06/15/12

     1,000     1,223

Commerzbank

    

5.625%, 11/29/17(B)

     150     178

2.750%, 01/13/12

     325     407

Daimler MTN

    

3.000%, 07/19/13

     133     167

Dexia Kommunalbank Deutschland MTN

    

3.500%, 06/05/14

     390     505

HeidelbergCement

    

8.500%, 10/31/19

     35     43

HSH Nordbank MTN

    

2.750%, 01/20/12

     1,075     1,349

Kreditanstalt fuer Wiederaufbau

    

5.375%, 01/29/14

   GBP  950     1,578

4.375%, 10/11/13

     1,050     1,404

3.875%, 01/21/19

      1,075     1,416

3.375%, 08/30/17

   CHF  370     388

Landesbank Berlin MTN

    

5.875%, 11/25/19

     300     371

Landwirtschaftliche Rentenbank

    

3.250%, 03/12/14

     550     711

Merck Financial Services GmbH MTN

    

3.375%, 03/24/15

     350     441

Munich

    

7.625%, 06/21/28

     285     480

SAP

    

3.500%, 04/10/17

     300     364

Volkswagen Bank GmbH MTN

    

2.375%, 06/28/13

     250     307
       
      51,367
       

Ireland — 1.3%

    

Allied Irish Banks MTN

    

12.500%, 06/25/19

     97     119

11.500%, 03/29/22

   GBP  163     234

 

Description

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

Ardagh Glass Finance

    

7.125%, 06/15/17

     125   $ 140

Ardagh Glass Group

    

10.750%, 03/01/15

     342     411

Bank of Ireland MTN

    

10.000%, 02/12/20

     300     371

4.625%, 04/08/13

     400     469

Freshwater Finance for LCH Clearnet

    

6.576%, 05/18/17(B)

     150     129

GE Capital European Funding MTN

    

5.250%, 05/18/15

     125     165

Government of Ireland

    

5.000%, 10/18/20

     2,500     2,884

4.400%, 06/18/19

     500     566

Smurfit Kappa Acquisitions

    

7.750%, 11/15/19(A)

     170     208

TransCapit (Transneft) Registered

    

7.700%, 08/07/13

   USD  539     583

UT2 Funding

    

5.321%, 06/30/16(C)

     390     334
       
      6,613
       

Italy — 3.3%

    

A2A

    

4.500%, 11/02/16

     150     189

Enel Finance International

    

5.750%, 09/14/40

   GBP  300     432

5.125%, 10/07/19(A)

   USD  400     402

3.875%, 10/07/14(A)

   USD  575     580

Fiat Finance

    

7.625%, 09/15/14

     100     128

Intesa Sanpaolo MTN

    

6.375%, 11/12/17(B) GBP

     300     459

3.750%, 11/23/16

     400     489

Italy Buoni Poliennali Del Tesoro

    

5.000%, 09/01/40

     1,475     1,799

4.500%, 03/01/19

     225     287

4.250%, 09/01/19

     1,400     1,749

4.250%, 02/01/15

     1,750     2,262

4.250%, 10/15/12

     1,360     1,739

4.250%, 02/01/19

     1,275     1,597

3.500%, 06/01/14

     1,100     1,382

Telecom Italia MTN

    

7.375%, 12/15/17

   GBP  200     333

Telecom Italia Capital

    

6.175%, 06/18/14

   USD  300     314

Unicredit Luxembourg Finance MTN

    

0.638%, 01/13/17(B)

   USD  665     626

Unicredito Italiano MTN

    

4.500%, 09/22/19

     400     491

Unione di Banche Italiane SCPA

    

4.000%, 12/16/19

     800     984
       
      16,242
       

Japan — 16.9%

    

Fukoku Mutual Life Insurance

    

4.500%, 09/28/25(B) EUR

     500     481

 

3    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

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

Government of Japan 10 Year Bond, Ser 284

    

1.700%, 12/20/16

     85,400   $ 1,038

Government of Japan 10 Year Bond, Ser 288

    

1.700%, 09/20/17

     1,232,950     14,993

Government of Japan 10 Year Bond, Ser 296

    

1.500%, 09/20/18

     316,000     3,771

Government of Japan 10 Year Bond, Ser 298

    

1.300%, 12/20/18

     578,150     6,780

Government of Japan 10 Year Bond, Ser 301

    

1.500%, 06/20/19

     235,300     2,790

Government of Japan 10 Year Bond, Ser 308

    

1.300%, 06/20/20

     605,000     6,973

Government of Japan 2 Year Bond, Ser 287

    

0.300%, 12/15/11

     291,600     3,302

Government of Japan 20 Year Bond, Ser 109

    

1.900%, 03/20/29

     256,000     2,948

Government of Japan 20 Year Bond, Ser 112

    

2.100%, 06/20/29

     675,000     8,015

Government of Japan 20 Year Bond, Ser 48

    

2.500%, 12/21/20

     289,450     3,697

Government of Japan 20 Year Bond, Ser 99

    

2.100%, 12/20/27

     704,650     8,426

Government of Japan 30 Year Bond, Ser 29

    

2.400%, 09/20/38

     103,250     1,285

Government of Japan 5 Year Bond, Ser 63

    

1.200%, 03/20/12

     642,850     7,394

Government of Japan 5 Year Bond, Ser 79

    

0.700%, 12/20/13

     723,550     8,315

Government of Japan CPI Linked Bond, Ser 10

    

1.100%, 12/10/16

     276,000     3,055

ORIX

    

4.710%, 04/27/15

   USD  326     324
       
      83,587
       

Jersey — 0.1%

    

WPP MTN

    

6.625%, 05/12/16

     225     315
       

Lithuania — 0.1%

    

Republic of Lithuania

    

6.750%, 01/15/15(A)

   USD  425     445
       

Malaysia — 0.2%

    

Malaysia Government Bond

    

5.734%, 07/30/19

     900     316

 

Description

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

Petronas Capital

    

5.250%, 08/12/19(A)

   USD  410   $ 431
       
      747
       

Mexico — 0.3%

    

Mexican Bonos, Ser M10

    

7.750%, 12/14/17

     7,275     599

Mexican Bonos, Ser MI10

    

9.000%, 12/20/12

     10,000     841
       
      1,440
       

Netherlands — 5.8%

    

ABN Amro Bank MTN

    

3.750%, 07/15/14

     750     970

0.504%, 01/17/17(B)

   USD  950     816

Aegon

    

4.750%, 06/01/13

   USD  250     262

Allianz Finance II

    

6.125%, 05/31/22(B)

     1,000     1,268

ArcelorMittal

    

5.375%, 06/01/13(A)

   USD  475     500

Bayer MTN

    

4.625%, 09/26/14

     375     500

Boats Investments MTN

    

11.000%, 03/31/17

     346     309

British American Tobacco Holdings MTN

    

4.000%, 07/07/20(D)

     100     123

CRH Finance MTN

    

7.375%, 05/28/14

     280     391

Deutsche Telekom International Finance MTN

    

6.500%, 04/08/22

   GBP  190     315

E.ON International Finance

    

5.800%, 04/30/18(A)

   USD  650     733

EDP Finance

    

5.375%, 11/02/12(A)

   USD  750     771

Eureko

    

5.125%, 06/24/15(B)

     650     549

Government of Netherlands

    

4.500%, 07/15/17

     1,500     2,101

4.000%, 07/15/18

     3,440     4,675

4.000%, 01/15/37

     200     273

4.000%, 07/15/16

     1,700     2,318

3.250%, 07/15/15

     520     684

ING Bank MTN

    

4.750%, 05/27/19

     800     1,082

3.000%, 09/30/14

     125     157

0.659%, 05/23/16(B)

   USD  450     404

ING Groep MTN

    

4.750%, 05/31/17

     500     633

ING Verzekeringen

    

6.250%, 06/21/21(B)

     1,310     1,408

KBC Internationale Financieringsmaatschappij MTN

    

4.500%, 09/17/14

     350     446

Koninklijke KPN MTN

    

7.500%, 02/04/19

     150     232

6.500%, 01/15/16

     625     893

5.750%, 09/17/29

   GBP  350     529

5.750%, 03/18/16

   GBP  100     163

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    4

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

June 30, 2010

 

Description

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

Linde Finance

    

7.375%, 07/14/66(B)

     300   $ 394

NIBC Bank MTN

    

3.500%, 04/07/14

     650     842

Rabobank Nederland MTN

    

4.125%, 04/04/12

     1,250     1,604

0.770%, 07/28/15(B)

     250     304

RWE Finance MTN

    

5.000%, 02/10/15

     500     681

Siemens Financieringsmat MTN

    

6.125%, 09/14/66(B) GBP

     275     418

5.125%, 02/20/17

     250     344

SNS Bank MTN

    

2.875%, 01/30/12

     300     376

Volkswagen

    

5.625%, 02/09/12

     150     194

Ziggo Bond

    

8.000%, 05/15/18

     130     154
       
      28,816
       

New Zealand — 0.4%

    

ANZ National International

    

6.200%, 07/19/13

   USD  450     499

New Zealand Government Bond

    

6.000%, 12/15/17

     2,250     1,629
       
      2,128
       

Norway — 0.7%

    

DnB Bank MTN

    

4.500%, 05/29/14

   EUR  475     623

0.897%, 05/30/17(B)

   EUR 425     500

DnB Boligkreditt

    

2.750%, 04/20/15

   EUR  625     779

Eksportfinans MTN

    

4.375%, 09/20/10 EUR

     625     770

MPU Offshore Lift

    

11.285%, 12/22/11 (C) (F)

     1,445     5

Norway Government Bond

    

4.500%, 05/22/19

     1,150     195

Sevan Drilling

    

7.840%, 12/07/12(B)

     2,000     301

Yara International

    

7.875%, 06/11/19

     410     491
       
      3,664
       

Peru — 0.0%

    

Republic of Peru

    

8.750%, 11/21/33

   USD  109     148
       

Poland — 1.5%

    

Republic of Poland

    

6.375%, 07/15/19

   USD  130     144

Republic of Poland, Ser 0415

    

5.500%, 04/25/15

     17,300     5,128

Republic of Poland, Ser 1017

    

5.250%, 10/25/17

     1,500     433

Republic of Poland, Ser 1019

    

5.500%, 10/25/19

     5,185     1,494
       
      7,199
       

Description

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

Portugal — 0.1%

    

Obrigacoes do Tesouro

    

4.450%, 06/15/18

     305   $ 351
       

Russia — 0.5%

    

Gazprom

    

9.625%, 03/01/13

   USD  470     523

6.580%, 10/31/13 GBP

     150     234

6.212%, 11/22/16(A)

   USD  230     233

RSHB Capital for Russian Agricultural Bank

    

7.750%, 05/29/18(A)

   USD  715     745

Steel Capital (Severstal)

    

9.750%, 07/29/13(A)(C)

   USD  540     577
       
      2,312
       

Singapore — 0.6%

    

DBS Bank

    

0.656%, 05/16/17(A)(B)

   USD  525     495

Government of Singapore

    

4.000%, 09/01/18

     2,645     2,191

3.500%, 03/01/27

     650     501
       
      3,187
       

South Africa — 0.1%

    

Foodcorp Registered

    

8.875%, 06/15/12 EUR

     150     180

Republic of South Africa, Ser R203

    

8.250%, 09/15/17

     4,050     516
       
      696
       

Spain — 2.0%

    

Government of Spain

    

4.750%, 07/30/14

     925     1,183

4.700%, 07/30/41

     665     720

4.600%, 07/30/19

     485     595

4.000%, 04/30/20

     3,700     4,326

3.300%, 10/31/14

     475     574

Instituto de Credito Oficial

    

2.375%, 03/04/13(A)

   USD  200     195

Mapfre

    

5.921%, 07/24/37(B)

     500     478

Santander Issuances, Ser 24

    

7.300%, 07/27/19(B)

   GBP  400     609

Telefonica Emisiones SAU MTN

    

5.289%, 12/09/22

   GBP  200     291

4.375%, 02/02/16

     800     998
       
      9,969
       

Supra-National — 0.9%

    

European Investment Bank MTN

    

3.500%, 04/15/16

   EUR  1,975     2,578

Inter-American Development Bank

    

9.750%, 05/15/15

   GBP  750     1,489

WT Finance

    

3.625%, 06/27/12 EUR

     450     559
       
      4,626
       

 

5    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

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

Sweden — 1.9%

    

Kingdom of Sweden, Ser 1041

    

6.750%, 05/05/14

     11,895   $ 1,803

Kingdom of Sweden, Ser 1049

    

4.500%, 08/12/15

     23,950     3,420

Kingdom of Sweden, Ser 1052

    

4.250%, 03/12/19

     2,000     290

Nordea Bank MTN

    

4.500%, 05/12/14

   EUR  100     131

0.737%, 06/09/16(B)

   USD  500     488

Skandinaviska Enskilda Banken MTN

    

6.625%, 07/09/14

   GBP  242     405

Stadshypotek MTN

    

3.750%, 12/12/13

     400     519

Svenska Handelsbanken MTN

    

3.750%, 02/24/17

   EUR  150     187

0.844%, 10/19/17(B) EUR

     800     935

Swedbank MTN

    

7.375%, 06/26/18(B)

   EUR  150     198

3.125%, 03/04/13

   EUR  128     159

3.125%, 02/02/12

   EUR  550     694

Volvo Treasury

    

5.950%, 04/01/15

   EUR  145     152
       
      9,381
       

Switzerland — 1.1%

    

Credit Suisse MTN

    

6.125%, 05/16/14

   EUR  350     479

6.125%, 08/05/13

   EUR  200     270

4.750%, 08/05/19

   EUR  400     513

Glencore Finance Europe MTN

    

7.125%, 04/23/15

   EUR  300     376

5.250%, 03/22/17

   EUR  300     342

Novartis Finance MTN

    

4.250%, 06/15/16

   EUR  525     702

UBS

    

7.152%, 12/29/49(B)

   EUR  150     165

6.625%, 04/11/18 GBP

     150     247

6.250%, 09/03/13 EUR

     200     269

5.875%, 12/20/17

   USD  575     609

5.625%, 05/19/14

   EUR  200     266

0.833%, 11/17/15(B) EUR

     784     937

Weatherford International

    

9.625%, 03/01/19

   USD  275     331
       
      5,506
       

United Kingdom — 9.8%

    

3i Group MTN

    

5.625%, 03/17/17

   EUR  150     177

0.907%, 06/08/12(B)

   EUR  350     405

Abbey National Treasury Services MTN

    

4.250%, 04/12/21

   EUR  850     1,028

Anglian Water Services Financing, Ser A5 MTN

    

6.293%, 07/30/30

     500     846

Aviva MTN

    

0.879%, 06/19/17(B)

   USD  475     401

Bank of Scotland MTN

    

4.750%, 06/08/22

   EUR  650     812

 

Description

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

Barclays Bank

      

14.000%, 06/15/19(B)

      100    $ 185

6.750%, 05/22/19

      350      389

6.750%, 01/16/23(B)

    USD  350      529

5.000%, 09/22/16

    USD  705      723

4.500%, 03/04/19(B)

    EUR  125      151

BAT International Finance MTN

      

5.875%, 03/12/15

    EUR  200      278

5.375%, 06/29/17

    EUR 425      585

4.875%, 02/24/21

    EUR  100      133

BG Energy Capital MTN

      

3.375%, 07/15/13

    EUR  200      254

Bishopsgate Asset Finance

      

4.808%, 08/14/44

      200      228

BP Capital Markets

      

4.750%, 03/10/19

    USD  10      8

British Telecommunications MTN

      

6.500%, 07/07/15

    EUR  200      271

5.750%, 12/07/28

      111      151

Chester Asset Receivables, Ser A

      

6.125%, 10/15/10 EUR

      2,160      2,673

Daily Mail & General Trust

      

5.750%, 12/07/18

      350      480

EDF Energy Networks EPN MTN

      

6.000%, 11/12/36

      160      255

Enterprise Inns

      

6.500%, 12/06/18

      90      110

ENW Finance MTN

      

6.125%, 07/21/21

      350      575

First Hydro Finance

      

9.000%, 07/31/21

      220      383

Holcim US Finance Sarl & Cie SCS

      

6.000%, 12/30/19(A)

    USD  25      27

HSBC Bank

      

3.500%, 06/28/15(A)

    USD  120      121

HSBC Holdings MTN

      

9.875%, 04/08/18(B)

      80      138

6.500%, 05/20/24

      250      407

0.734%, 10/06/16(B)

    USD  625      614

Imperial Tobacco Finance MTN

      

8.375%, 02/17/16

    EUR  1,150      1,739

7.250%, 09/15/14

    EUR  150      214

Ineo’s Group Holdings

      

7.875%, 02/15/16 EUR

      111      99

Inmarsat Finance

      

7.375%, 12/01/17(A)

      115      118

Intercontinental Hotels Group MTN

      

6.000%, 12/09/16

      150      231

Legal & General Group MTN

      

4.000%, 06/08/25(B)

    EUR  200      216

Lloyds TSB Bank MTN

      

6.375%, 04/15/14

      725      1,147

6.250%, 04/15/14

    EUR  150      197

5.375%, 09/03/19

    EUR  175      212

4.000%, 11/17/11

      500      778

Marks & Spencer MTN

      

6.125%, 12/02/19

      100      154

5.625%, 03/24/14

      150      235

National Express Group

      

6.250%, 01/13/17

      150      232

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    6

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

June 30, 2010

 

Description

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

National Westminster Bank

    

6.500%, 09/07/21

     220   $ 305

Nationwide Building Society MTN

    

3.375%, 08/17/15(B)

   EUR  580     691

Northern Rock

    

5.625%, 06/22/17(A)

   USD  1,750     1,805

Northumbrian Water Finance

    

6.000%, 10/11/17

     500     837

Old Mutual MTN

    

7.125%, 10/19/16

     250     398

4.500%, 01/18/17(B)(C)

   EUR  600     616

OTE MTN

    

5.375%, 02/14/11

   EUR  375     455

5.000%, 08/05/13

   EUR  225     263

Rexam MTN

    

4.375%, 03/15/13

     570     724

Rolls-Royce

    

6.750%, 04/30/19

     100     172

Royal Bank of Scotland MTN

    

6.934%, 04/09/18

   EUR  300     363

5.750%, 05/21/14

   EUR  250     321

4.125%, 11/14/11

     500     777

Scottish & Southern Energy MTN

    

5.750%, 02/05/14

     245     397

Severn Trent Utilities Finance

    

6.250%, 06/07/29

     350     589

Society of Lloyds

    

6.875%, 11/17/25(B)

     250     390

Southern Gas Networks, Ser A1 MTN

    

0.883%, 10/21/10(B)(C)

   EUR  300     367

SOV Housing Capital

    

5.705%, 09/10/39

     250     395

Standard Chartered Bank MTN

    

6.400%, 09/26/17(A)

   USD  175     190

6.400%, 09/26/17

   USD  250     274

5.875%, 09/26/17

   EUR  350     461

1.042%, 03/28/18(B)

   EUR  250     277

Tesco

    

6.125%, 02/24/22

     100     166

6.052%, 10/13/39

     349     559

Thames Water Utilities Cayman Finance MTN

    

6.125%, 02/04/13

   EUR  200     268

United Kingdom Treasury

    

4.750%, 12/07/30

     800     1,300

4.750%, 09/07/15

     455     765

4.750%, 12/07/38

     965     1,583

4.500%, 12/07/42

     335     531

4.500%, 03/07/19

     2,645     4,343

4.250%, 06/07/32

     1,180     1,794

4.250%, 09/07/39

     325     492

4.250%, 03/07/36

     375     568

4.250%, 12/07/49

     85     129

4.000%, 09/07/16

     1,740     2,821

2.750%, 01/22/15

     500     770

2.250%, 03/07/14

     370     566

Vodafone Group MTN

    

5.900%, 11/26/32

     176     277

W&DB Issuer, Ser B1

    

5.641%, 07/15/35(B)

     60     72

 

Description

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

Wales & West Utilities Finance MTN

    

6.750%, 12/17/36(B)

     200   $ 315

Western Power Distribution South West

    

5.750%, 03/23/40

     200     308

Yorkshire Power Finance

    

7.250%, 08/04/28

     208     371

Yorkshire Water Services Bradford Finance

    

6.375%, 08/19/39

     100     171
       
      48,145
       

United States — 6.8%

    

AES

    

7.750%, 10/15/15

     55     56

Alcoa

    

5.375%, 01/15/13

     314     326

Altria Group

    

9.250%, 08/06/19

     675     842

American Express Credit MTN

    

5.375%, 10/01/14

   GBP  250     391

American Honda Finance

    

6.250%, 07/16/13

     250     342

American International Group, Ser A3

    

4.875%, 03/15/67(B) EUR

     400     257

AT&T

    

5.875%, 04/28/17

   GBP  200     331

5.600%, 05/15/18

     415     462

BA Covered Bond Issuer MTN

    

4.125%, 04/05/12 EUR

     3,100     3,900

Bank of America MTN

    

6.500%, 08/01/16

     225     243

5.650%, 05/01/18

     350     359

4.750%, 05/06/19(B)

   EUR  250     284

Cablevision Systems, Ser B

    

8.000%, 04/15/12

     235     242

Case New Holland

    

7.125%, 03/01/14

     80     83

Cellco Partnership

    

3.750%, 05/20/11

     650     666

Citigroup

    

5.500%, 04/11/13

     500     520

4.250%, 02/25/30(B)

   EUR  1,350     1,224

Comcast Cable Communications Holdings

    

9.455%, 11/15/22

     340     469

Commerzbank Capital Funding Trust

    

5.012%, 03/29/49 EUR

     200     130

Computer Sciences

    

5.500%, 03/15/13(A)

     305     328

Countrywide Financial MTN

    

5.800%, 06/07/12

     507     533

Countrywide Home Loan, Ser L MTN

    

4.000%, 03/22/11

     9     9

Dell

    

5.625%, 04/15/14

     245     275

 

7    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

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

DirecTV Holdings

    

5.875%, 10/01/19

     550   $ 601

3.550%, 03/15/15

     425     428

Dow Chemical

    

8.550%, 05/15/19

     288     352

Duke Energy

    

6.300%, 02/01/14

     375     422

Dynegy Holdings

    

8.375%, 05/01/16

     230     182

Electronic Data Systems, Ser B

    

6.500%, 08/01/13

     274     309

Fisher Scientific International

    

6.125%, 07/01/15

     71     73

General Electric Capital MTN

    

5.900%, 05/13/14

     300     331

5.625%, 05/01/18

     300     319

5.500%, 01/08/20

     305     322

3.750%, 11/14/14

     375     384

Genworth Financial

    

1.600%, 06/20/11 JPY

     53,000     583

Goldman Sachs Group MTN

    

6.375%, 05/02/18

   EUR  400     530

4.750%, 10/12/21

   EUR  200     214

0.963%, 02/04/13(B) EUR

     450     513

Goodyear

    

9.000%, 07/01/15

     155     159

Hartford Life Institutional Funding MTN

    

5.375%, 01/17/12

   GBP  200     306

Hertz

    

8.875%, 01/01/14

     221     224

HSBC Finance MTN

    

7.000%, 03/27/12

   GBP  285     455

Ingersoll-Rand Global Holding

    

9.500%, 04/15/14

     213     264

International Paper

    

7.950%, 06/15/18

     260     310

JPMorgan Chase MTN

    

1.040%, 10/12/15(B)

   EUR  350     385

JPMorgan Chase Bank

    

4.625%, 05/31/17(B) EUR

     250     314

Key Bank MTN

    

0.847%, 02/09/12(B)

   EUR  570     657

0.815%, 11/21/11(B)

   EUR  50     58

Merrill Lynch MTN

    

6.750%, 05/21/13

   EUR  150     197

4.625%, 10/02/13 EUR

     261     325

4.000%, 09/14/18(B)

   EUR  375     370

Metropolitan Life Global Funding I MTN

    

4.625%, 05/16/17

     200     256

Morgan Stanley MTN

    

5.625%, 09/23/19

     575     556

3.750%, 03/01/13

   EUR  1,000     1,218

Nabors Industries

    

9.250%, 01/15/19

     275     338

News America

    

6.900%, 03/01/19

     300     355

Oracle

    

5.750%, 04/15/18

     435     504

Owens Corning

    

6.500%, 12/01/16

     420     447

Description

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

PNC Funding

      

5.125%, 02/08/20

      300    $ 312

Pregis

      

5.684%, 04/15/13

      50      54

Qwest

      

7.625%, 06/15/15

      260      278

Qwest Communications International

      

7.500%, 02/15/14

      335      336

Reynolds American

      

7.625%, 06/01/16

      377      428

7.300%, 07/15/15

      195      219

Ryder System

      

5.850%, 11/01/16

      116      128

Schering-Plough

      

5.375%, 10/01/14 EUR

      1,025      1,411

SES

      

4.625%, 03/09/20

      300      372

Tesoro

      

6.500%, 06/01/17

      280      256

Toyota Motor Credit Corp

      

5.250%, 02/03/12

      250      321

Tyco International Group

      

6.000%, 11/15/13

      331      370

United Health Group

      

6.000%, 02/15/18

      135      150

US Bank MTN

      

4.375%, 02/28/17(B)

    EUR  900      1,092

Viacom

      

6.250%, 04/30/16

      375      425

Wal-Mart Stores

      

4.875%, 01/19/39 GBP

      238      345

Wellpoint

      

5.875%, 06/15/17

      40      45

Western Union

      

5.930%, 10/01/16

      475      533

Windstream

      

8.625%, 08/01/16

      220      222

WM Covered Bond Program MTN

      

4.375%, 05/19/14

    EUR  100      129

3.875%, 09/27/11

    EUR  250      312

Wyndham Worldwide

      

6.000%, 12/01/16

      242      235
         
        33,506
         

Total Global Bonds (Cost $439,131) ($ Thousands)

      427,679
         

MORTGAGE-BACKED SECURITIES — 3.5%

Non-Agency Mortgage-Backed Obligation — 3.5%

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

      

0.953%, 02/17/52(C)

      150      175

Arran Residential Mortgages Funding, Ser 2006-1X, Cl BC 0.780%,

      

04/12/56 (B)(C)

    EUR  432      382

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

      

5.492%, 02/10/51

      1,200      1,214

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

      

5.431%, 09/25/34(B)

      342      343

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    8

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

June 30, 2010

 

Description

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

Bear Stearns Commercial Mortgage

    

4.715%, 02/11/41

     380   $ 396

Bear Stearns Commercial Mortgage, Ser 2004-PWR6, Cl A6

    

4.825%, 11/11/41

     575     600

Bear Stearns Commercial Mortgage, Ser 2006-PW11, Cl A4

    

5.456%, 03/11/39 (B)

     600     638

Canary Wharf Finance, Ser II, Cl C2

    

1.164%, 10/22/37 (B)(C)

     200     165

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

    

5.700%, 06/10/17 (B)

     1,140     1,162

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

    

6.094%, 04/01/10 (B)

     405     416

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

    

5.110%, 05/25/35 (B)

     1,589     1,348

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

    

6.640%, 09/17/10

     184     184

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

    

5.311%, 12/15/39

     1,215     1,202

Eddystone Finance, Ser 2006-1, Cl B

    

1.033%, 04/19/21 (B)(C)

   GBP  100     130

Eddystone Finance, Ser 2006-1, Cl A

    

0.863%, 04/19/21

     150     197

Gracechurch Mortgage Financing, Ser 2006-1, Cl C3

    

0.958%, 11/20/56 (B)(C)

   EUR  250     298

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

    

4.000%, 11/20/56 (B)

     2,000     2,387

Granite Master Issuer, Ser 2006-2, Cl A5

    

12.000%, 12/20/54 (B)(C)

   EUR  616     693

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

    

5.134%, 01/25/35 (B)

     478     459

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

    

1.064%, 07/15/40 (B)(C)

   EUR  150     177

Immeo Residential Finance, Ser 2, Cl A

    

4.000%, 12/15/16 (B)

     451     481

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

    

5.440%, 06/12/47

     880     879

 

Description

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

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

    

5.309%, 12/25/34(B)

     414   $ 431

London and Regional Debt Securitisation, Ser 1, Cl A

    

0.861%, 10/15/14 (B)(C)

   GBP  150     184

Merrill Lynch Mortgage Trust, Ser 2005-LC1, Cl A4

    

5.291%, 01/12/44(B)

     420     448

Silverstone, Ser 2009-1, Cl A2

    

2.067%, 01/21/55

     300     449

Skyline, Ser 2007-1, Cl D

    

1.452%, 07/22/43 (B)(C)

   EUR  200     132

Storm, Ser 2006-1, Cl A2

    

0.752%, 04/22/48(B)

   EUR  1,224     1,443

Talisman Finance, Ser 7, Cl H

    

2.894%, 04/22/17(B)

     485     89
       

Total Mortgage-Backed Securities (Cost $19,360) ($ Thousands)

       17,102
       

CORPORATE OBLIGATIONS — 3.1%

United States — 3.1%

    

AES

    

7.750%, 03/01/14

     110     112

Antero Resources Finance

    

9.375%, 12/01/17(A)

     46     46

CCO Holdings

    

8.125%, 04/30/20(A)

     90     92

CIGNA

    

5.125%, 06/15/20

     154     160

Citigroup

    

4.750%, 05/19/15

     240     240

CMS Energy

    

8.750%, 06/15/19

     225     248

CVS Caremark

    

6.600%, 03/15/19

     600     698

Dominion Resources

    

6.400%, 06/15/18

     400     463

Duke Realty

    

6.750%, 03/15/20

     140     147

Embarq

    

7.082%, 06/01/16

     448     478

Equities

    

8.125%, 06/01/19

     285     335

Freeport-McMoRan Copper & Gold

    

8.250%, 04/01/15

     300     325

Hartford Financial Services Group

    

5.500%, 03/30/20

     195     189

Hess

    

8.125%, 02/15/19

     141     176

Humana

    

7.200%, 06/15/18

     280     313

6.450%, 06/01/16

     40     43

6.300%, 08/01/18

     50     53

ILFC E-Capital Trust I

    

5.900%, 12/21/65(A)(B)

     150     96

 

9    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

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

Kinder Morgan Energy Partners

    

6.550%, 09/15/40

   255   $ 265

Limited Brands

    

5.250%, 11/01/14

   315     313

Lincoln National

    

8.750%, 07/01/19

   128     157

Masco

    

6.125%, 10/03/16

   500     484

McGraw-Hill

    

5.900%, 11/15/17

   325     360

McKesson

    

5.250%, 03/01/13

   440     475

Mirant Americas Generation

    

8.500%, 10/01/21

   399     371

Mohawk Industries

    

6.625%, 01/15/16

   375     382

Motiva Enterprises

    

5.750%, 01/15/20(A)

   400     440

Motorola

    

7.500%, 05/15/25

   85     94

6.500%, 09/01/25

   531     529

NBC Universal

    

5.150%, 04/30/20(A)

   200     209

Nisource Finance

    

6.800%, 01/15/19

   235     262

Nissan Motor

    

3.250%, 01/30/13(A)

   430     439

NRG Energy

    

7.375%, 02/01/16

   225     224

Principal Financial Group

    

7.875%, 05/15/14

   290     335

Progress Energy

    

6.050%, 03/15/14

   160     178

RRI Energy

    

7.875%, 06/15/17

   225     213

7.625%, 06/15/14

   175     172

Ryder System

    

7.200%, 09/01/15

   108     125

SLM MTN

    

5.050%, 11/14/14

   600     537

Time Warner

    

4.875%, 03/15/20

   525     541

Time Warner Cable

    

9.125%, 01/15/13

   500     582

7.500%, 04/01/14

   385     447

Union Bank MTN

    

5.950%, 05/11/16

   392     420

Union Electric

    

6.700%, 02/01/19

   45     52

United States Steel

    

6.050%, 06/01/17

   300     285

Valero Energy

    

9.375%, 03/15/19

   345     418

Viacom

    

5.625%, 09/15/19

   325     356

Wachovia MTN

    

5.500%, 05/01/13

   215     234

Wachovia Capital Trust III

    

5.800%, 03/15/11(B)

   385     306

Wellpoint

    

7.000%, 02/15/19

   90     107

 

Description

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

Whirlpool MTN

    

8.600%, 05/01/14

     298   $ 351

Williams

    

7.875%, 09/01/21

     82     94

Williams Partners

    

5.250%, 03/15/20(A)

     298     305

Xerox

    

7.625%, 06/15/13

     210     214
       

Total Corporate Obligations (Cost $14,921) ($ Thousands)

       15,490
       

ASSET-BACKED SECURITIES — 1.9%

    

Automotive — 0.6%

    

Auto Compartiment, Ser 2006-1, Cl B

    

0.894%, 07/25/17 (B)

   EUR  500     586

Auto Compartiment, Ser 2007-1, Cl A

    

0.802%, 02/25/19 (B)

   EUR  843     1,021

FTA Santander Auto, Ser 1, Cl A

    

0.754%, 11/25/21 (B)

   EUR  208     252

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

    

1.110%, 02/15/12

     982     982

Santander Consumer Finance, Ser 2007-1, Cl A

    

4.000%, 09/20/22 (C)

     223     269
       
      3,110
       

Credit Card — 0.5%

    

Citibank Credit Card Issuance Trust, Ser A4, Cl A4

    

5.375%, 04/11/11 EUR

     1,900     2,379
       

Mortgage Related Securities — 0.3%

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

    

0.397%, 08/25/37 (B)

     767     737

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

    

0.467%, 01/25/37 (B)

     549     527
       
      1,264
       

Other Asset-Backed Securities — 0.5%

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

    

0.919%, 03/25/17 (B)(C)

   EUR  917     1,045

COMIT, Ser 1, Cl C

    

1.048%, 06/29/13 (B)(C)

   EUR  79     67

Lambda Finance, Ser 2005-1X, Cl A2

    

0.923%, 11/15/29 (B)(C)

   EUR  426     509

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

    

1.416%, 10/25/16

     800     812
       
      2,433
       

Total Asset-Backed Securities (Cost $9,534) ($ Thousands)

       9,186
       

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    10

SCHEDULE OF INVESTMENTS (Unaudited)

International Fixed Income Fund

June 30, 2010

 

Description

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

U.S. TREASURY OBLIGATIONS — 2.6%

U.S. Treasury Bonds

      

3.500%, 02/15/39

    75    $ 69

U.S. Treasury Notes

      

4.750%, 01/31/12

    325      347

4.500%, 11/15/15

    1,100      1,249

2.000%, 11/30/13

    4,300      4,415

United States Treasury Bill

      

0.087%, 09/09/10 (E)

    6,700      6,698
         

Total U.S. Treasury Obligations (Cost $12,643) ($ Thousands)

         12,778
         

Total Investments — 97.8% (Cost $495,589) ($ Thousands)§

       $ 482,235
         

A summary of the outstanding forward foreign currency contracts held by the Fund at June 30, 2010, is as follows:

 

Settlement Date

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

7/6/10-9/15/10

   CAD   23,770   USD   22,772   $ 406   

7/6/10-9/15/10

   EUR   338,802   USD   414,489     (537 ) 

7/6/10-9/15/10

   GBP   53,607   USD   78,653     (1,539 ) 

7/6/10-9/15/10

   JPY   12,100,596   USD   133,253     (3,606 ) 

7/6/10-9/15/10

   MXP   27,229   USD   2,107     1   

7/6/10-9/15/10

   NOK   87,665   USD   13,182     (263 ) 

7/6/10-9/15/10

   SEK   56,249   USD   7,063     (167 ) 

7/6/10-9/15/10

   USD   42,750   EUR   35,441     666   

7/6/10-9/15/10

   USD   8,721   GBP   6,002     258   

7/6/10-9/15/10

   USD   21,560   JPY   1,965,685     675   

7/6/10-9/15/10

   USD   693   PLN   2,380     11   

7/14/10-9/15/10

   PLN   8,735   USD   2,645     62   

7/22/10-9/15/10

   USD   5,158   CAD   5,362     (112 ) 

7/29/10-9/15/10

   NZD   5,320   USD   3,639     (3 ) 

7/29/10-9/15/10

   USD   3,591   KRW   4,021,337     (297 ) 

7/29/10-9/15/10

   USD   859   MYR   2,760     (7 ) 

8/6/10-9/15/10

   DKK   11,650   USD   1,905     (11 ) 

8/26/10-9/15/10

   USD   2,885   AUD   3,400     (36 ) 

9/1/10-9/15/10

   CHF   8,097   USD   7,380     (140 ) 

9/1/10-9/15/10

   USD   26,222   SEK   210,245     803   

9/2/10-9/15/10

   USD   3,920   NOK   25,264     (46 ) 

9/15/10

   AUD   5,360   USD   4,492     7   

9/15/10

   CZK   5,583   USD   260     (7 ) 

9/15/10

   MYR   1,001   USD   301     (7 ) 

9/15/10

   SGD   4,955   USD   3,509     (43 ) 

9/15/10

   USD   1,635   CHF   1,868     101   

9/15/10

   USD   1   MXP   10     –   

9/15/10

   USD   1,596   NZD   2,298     (25 ) 

9/15/10

   USD   1,127   SGD   1,576     2   

9/15/10

   ZAR   4,016   USD   513     (4 ) 
               
          $ (3,858 ) 
               

A summary of the open futures contracts held by the Fund at June 30, 2010, is as follows:

 

Type of Contract

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

Australian 10-Year Bond

   (14 )    Sep-2010   $ (24 ) 

Australian 3-Year Bond

   23      Sep-2010     12   

Euro-Bobl

   56      Sep-2010     41   

Euro-Buxl 30 Year Bond

   4      Sep-2010     4   

Euro-Schatz

   65      Sep-2010     10   

Eur-Bond 10 Year Bond

   11      Sep-2010     27   

Eur-Bond 10 Year Bond

   17      Sep-2010     —     

Eur-Bond 10 Year Bond

   (34 )    Sep-2010     (70 ) 

Japanese 10-Year Bond

   6      Sep-2010     64   

Long Gilt 10-Year Bond

   42      Sep-2010     87   

U.S. 10-Year Treasury Note

   (93 )    Sep-2010     (167 ) 

U.S. 2-Year Treasury Note

   (86 )    Sep-2010     (83 ) 

U.S. 5-Year Treasury Note

   (9 )    Jun-2010     (13 ) 

U.S. 5-Year Treasury Note

   (97 )    Sep-2010     (105 ) 

U.S. Long Treasury Bond

   (13 )    Sep-2010     (39 ) 

U.S. Long Treasury Bond

   11      Sep-2010     14   
           
      $ (242 ) 
           

For the year ended June 30, 2010, 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.


 

 

11    SEI Institutional International Trust / Quarterly Report / June 30, 2010

A summary of outstanding swap agreements held by the Fund at June 30, 2010, is as follows:

 

Credit Default Swap

Counterparty

  

Reference Entity/Obligation

   Buy/Sell
Protection		   (Pays)/Receives Rate     Termination Date   Notional Amount
(Thousands)		     Net Unrealized
Appreciation
($Thousands)
Morgan Stanley   Prudential Financial 4.500% 07/15/13   SELL   5.00 %    09/20/14   USD  (350 )    $ 34
               

 

Interest Rate Swaps  

Counterparty

   

Fund Pays

    Fund Receives   Termination Date    Notional Amount
(Thousands)		    Net Unrealized
Appreciation
(Depreciation)
($Thousands)		  
Barclays Bank PLC    3.83%    3-Month LIBOR   03/31/20    USD 2,650,000    $ (219 ) 
Citigroup    6-Month EURIBOR    3.18%   05/31/40    EUR 2,500,000      (38 ) 
Citigroup    2.94%    6-Month EURIBOR   05/31/20    EUR 5,000,000      37   
Citigroup    3.79%    6-Month GBP LIBOR   05/19/19    GBP 2,500,000      (174 ) 
Deutsche Bank    3.45%    6-Month EURIBOR   10/16/19    EUR 3,400,000      (312 ) 
Deutsche Bank    6-Month EURIBOR    4.17%   03/28/13    EUR 7,000,000      682   
JPMorgan Chase Bank    6-Month JPY LIBOR    2.22%   03/26/27    JPY 750,000,000      694   
JPMorgan Chase Bank    6-Month EURIBOR    4.38%   01/07/13    EUR 5,400,000      585   
JPMorgan Chase Bank    4.20%    6-Month EURIBOR   03/30/12    EUR 3,000,000      (213 ) 
JPMorgan Chase Bank    6-Month JPY LIBOR    1.29%   03/26/12    JPY 1,300,000,000      239   
                   
              $ 1,281   
                   

The following is a summary of the inputs used as of June 30, 2010 in valuing the Fund’s investments carried at value ($ Thousands):

 

Investments in Securities

    Level 1     Level 2     Level 3    Total  

Global Bonds

    $ —        $ 427,674      $ 5    $ 427,679   

Mortgage-Backed Securities

      —          17,102        —        17,102   

Corporate Obligations

      —          15,490        —        15,490   

Asset-Backed Securities

      —          9,186        —        9,186   

U.S. Treasury Obligations

      —          12,778        —        12,778   
                               

Total Investments in Securities

    $ —        $ 482,230      $ 5    $ 482,235   
                               

Other Financial Instruments*

    Level 1     Level 2     Level 3    Total  

Forwards

    $ —        $ (3,858 )    $ —      $ (3,858 ) 

Futures

      (242 )      —          —        (242 ) 

Credit Default Swap

      —          34        —        34   

Interest Rate Swaps

      —          1,281        —        1,281   
                               

Total Other Financial Instruments

    $ (242 )    $ (2,543 )    $ —      $ (2,785 ) 
                               

 

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

 

     Global Bonds

Beginning balance as of October 1, 2009

    $ 5

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 June 30, 2010

    $ 5
      

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

    $ —  
      

 

SEI Institutional International Trust / Quarterly Holdings / June 30, 2010    12

SCHEDULE OF INVESTMENTS

International Fixed Income Fund

June 30, 2010

 

 

Percentages are based on a Net Assets of $493,268($ 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 June 30, 2010.

 

(C) Securities considered illiquid. The total market value of such securities as of June 30, 2010 was $6,563 ($ Thousands) and represented 1.3% of Net Assets.

 

(D) When-issued security.

 

(E) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase.

 

(F) Security in default on interest payments.

 

§ At June 30, 2010, the tax basis cost of the Fund’s investments was $495,589 ($ Thousands), and the unrealized appreciation and depreciation were $12,670 ($ Thousands) and ($26,024)($ Thousands), respectively.

AUD — Australian Dollar

CAD — Canadian Dollar

CHF — Swiss Franc

Cl — Class

CZK — Czech Koruna

DKK — Danish Krone

EUR — Euro

EURIBOR — Euro London Interbank Offered Rate

GBP — British Pound Sterling

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 Krona

Ser — Series

SGD — Singapore Dollar

USD — U.S. Dollar

ZAR — South African Rand

Amounts designated as “—” are $0 or have been rounded to $0.

For information regarding the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

 


 

13    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Credit Default Swaps

A 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. A Fund uses these swaps to reduce risk where a 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 Fund is a seller of protection, and a credit event occurs, as defined under the terms of that particular swap agreement, a Fund will generally either (i) pay to the buyer an amount equal to the notional amount of the swap and take delivery of the referenced obligation, other deliverable obligations, or underlying securities comprising a referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising a referenced index.

If a Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, a Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. Recovery values are assumed by market makers considering either industry standard recovery rates or entity specific factors and considerations until a credit event occurs. If a credit event has occurred, the recovery value is determined by a facilitated auction whereby a minimum number of allowable broker bids, together with a specified valuation method, are used to calculate the settlement value.

Certain Funds are party to International Swap Dealers Association, Inc. Master Agreements (“ISDA Master Agreements”). These agreements are with select counterparties and they govern transactions, including certain over-the counter derivative and foreign exchange contracts, entered into by the Funds and the counterparty. The ISDA Master Agreements maintain provisions for general obligations, representations, agreements, collateral, and events of default or termination. The occurrence of a specified event of termination may give a counterparty the right to terminate all of its contracts and affect settlement of all outstanding transactions under the applicable ISDA Master Agreement.

As of June 30, 2010, the Fund is the buyer (“receiving protection”) on a total notional amount of $— million)1 and is the seller (“providing protection”) on a total notional amount of $0.4 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 Fund could be required to make if the Fund were the seller of protection and a credit event were to occur. Those credit default swaps for which the Fund 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

    33,819    —      —      —      33,819

Maximum potential amount of future payments

    350,000    —      —      —      350,000

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

    —      —      —      —      —  

Collateral held by the Fund 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

    —      —      —      —      —      —  

251-500

    —      —      350,000    —      —      350,000

501-1000

    —      —      —      —      —      —  

> than 1,000

    —      —      —      —      —      —  
                             

Total

    —      —      350,000    —      —      350,000
                             

 

* 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.

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 / June 30, 2010    14

SCHEDULE OF INVESTMENTS

International Fixed Income Fund

June 30, 2010

 

15    SEI Institutional International Trust / Quarterly Report / June 30, 2010

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

June 30, 2010

 

Description

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

GLOBAL BONDS — 92.1%

Argentina — 3.4%

    

Province of Buenos Aires

    

9.625%, 04/18/28(A)

     695   $ 493

9.625%, 04/18/28(A)(B)

     1,605     1,140

9.375%, 09/14/18(A)

     470     343

Province of Medoza

    

5.500%, 09/04/18(A)

     354     267

Provincia de Neuquen

    

8.656%, 10/18/14(A)(B)

     167     173

Republic of Argentina

    

10.787%, 12/15/35(C)

     3,655     281

8.750%, 06/02/17

     1,711     1,519

8.280%, 12/31/33

     5,723     3,913

7.820%, 12/31/33

     6,647     4,565

7.820%, 12/31/33

   EUR  3,166     2,250

7.000%, 10/03/15

     4,700     3,643

3.169%, 12/15/35(C)

     7,705     588

2.500%, 03/31/19(D)

     6,390     2,292

1.985%, 12/15/35(C)

   EUR  15,565     1,295

0.000%, 08/03/12(C)

     13,755     4,625

Transportadora Gas Norte

    

7.500%,

    

12/31/12(A)(D)(E)

     130     62

7.500%,

    

12/31/12(A)(B)(D)(E)

     260     124

7.500%,

    

12/31/12(E)

     420     199

6.500%,

    

12/31/12(A)(B)(D)(E)

     30     14

6.500%,

    

12/31/12(A)(D)(E)

     81     39

6.500%,

    

12/31/12(A)(D)(E)

     72     34
       
      27,859
       

Bahrain — 0.1%

    

Kingdom of Bahrain

    

5.500%, 03/31/20(B)

     1,215     1,222
       

Barbados — 0.2%

    

Columbus International

    

11.500%, 11/20/14(B)

     1,700     1,811
       

Belize — 0.0%

    

Government of Belize

    

6.000%, 02/20/29(A)

     400     296
       

Bosnia and Herzegovina — 0.1%

    

Republic of Bosnia & Herzegovina

    

0.000%, 12/11/17(A)(C) DEM

     2,204     994
       

 

Description

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

Brazil — 8.9%

    

Banco Nacional de Desenvolvimento Economico e Social

    

6.500%, 06/10/19(B)

     2,025   $ 2,169

5.500%, 07/12/20(B)

     600     602

Banco Votorantim

    

7.375%, 01/21/20(B)

     720     736

Federal Republic of Brazil

12.250%, 03/06/30

     175     305

11.000%, 08/17/40(F)

     7,306     9,783

10.125%, 05/15/27

     4,485     6,728

8.875%, 04/15/24

     2,820     3,807

8.750%, 02/04/25

     2,085     2,810

8.250%, 01/20/34

     5,290     6,983

8.000%, 01/15/18

     1,467     1,701

7.125%, 01/20/37

     1,885     2,224

6.000%, 01/17/17

     1,230     1,353

5.875%, 01/15/19

     6,250     6,859

5.625%, 01/07/41

     700     688

Fibria Overseas Finance

    

7.500%, 05/04/20(B)

     1,358     1,378

Nota Do Tesouro Nacional

    

10.000%, 01/01/21

   BRL  44,920     21,432

Petrobras

    

7.875%, 03/15/19

     555     635

Rearden G Holdings EINS GmbH

    

7.875%, 03/30/20(B)

     175     177

Voto-Votorantim

    

6.750%,

    

04/05/21(B)(F)

     1,856     1,875

6.625%, 09/25/19(B)

     490     497
       
      72,742
       

Chile — 0.6%

    

Empresa Nacional del Petroleo

    

6.250%, 07/08/19(B)

     900     955

Nacional del Cobre de Chile

    

7.500%, 01/15/19

     500     613

6.150%, 10/24/36

     2,200     2,429

Nacional del Cobre de Chile - CODELCO

    

6.150%, 10/24/36(B)

     795     871
       
      4,868
       

China — 0.1%

    

Evergrande Real Estate

    

13.000%, 01/27/15

     600     573
       

Colombia — 4.6%

    

Bogota Distrio Capital

    

9.750%, 07/26/28(B) COP

     9,441,000     5,718

Ecopetrol

    

7.625%, 07/23/19(B)

     500     566

 

1    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

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

Republic of Colombia

      

11.750%, 02/25/20

       1,895   $ 2,814

10.375%, 01/28/33

       350     515

9.850%, 06/28/27

   COP     2,931,000     1,968

8.125%, 05/21/24

       3,150     3,890

7.375%, 09/18/37

       10,000     11,750

7.375%, 01/27/17

       3,625     4,205

7.375%, 03/18/19

       3,870     4,528

6.125%, 01/18/41

       1,475     1,494
         
        37,448
         

Croatia — 0.2%

      

Government of Croatia

      

6.750%, 11/05/19(B)

       150     157

6.750%, 11/05/19

       250     259

Zagrebacki Holding

      

5.500%, 07/10/17

     EUR  1,100     1,111
         
        1,527
         

Czech Republic — 0.1%

      

Central European Media Enterprises

      

11.625%, 09/15/16(B)

     EUR  450     548
         

Dominican Republic — 0.1%

      

Republic of Dominican Republic

      

9.040%, 01/23/18

       16     18

7.500%, 05/06/21(B)

       950     979
         
        997
         

Ecuador — 0.1%

      

Republic of Ecuador

      

9.375%, 12/15/15

       700     640
         

Egypt — 0.2%

      

Government of Egypt

      

5.750%, 04/29/20(B)

       1,390     1,402
         

El Salvador — 0.9%

      

Republic of El Salvador

      

8.250%, 04/10/32

       200     219

8.250%, 04/10/32

       200     220

7.750%, 01/24/23

       595     653

7.650%, 06/15/35

       4,586     4,861

7.375%, 12/01/19(B)

       1,330     1,450

7.375%, 12/01/19

       200     217
         
        7,620
         

Georgia — 0.5%

      

BG Finance for JSC Bank of Georgia

      

9.000%, 02/08/12

       1,850     1,776

Republic of Georgia

      

7.500%, 04/15/13

       2,350     2,379
         
        4,155
         

 

Description

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

Ghana — 0.2%

    

Republic of Ghana

    

8.500%, 10/04/17(B)

     720   $ 758

8.500%, 10/04/17

     950     988
       
      1,746
       

Hong Kong — 0.2%

    

Bank of China Hong Kong

    

5.550%, 02/11/20(B)

     2,050     2,039
       

Hungary — 0.4%

    

Republic of Hungary

    

6.250%, 01/29/20

     3,170     3,120
       

India — 0.4%

    

Indian Oil

    

4.750%, 01/22/15

     450     462

State Bank of India MTN

    

4.500%, 10/23/14

     600     613

Vedanta Resources

    

9.500%, 07/18/18(B)

     1,965     2,088
       
      3,163
       

Indonesia — 7.3%

    

Majapahit Holding

    

8.000%, 08/07/19(B)

     1,020     1,122

7.875%,

    

06/29/37(A)(B)

     355     363

7.750%, 01/20/20

     150     164

7.750%, 10/17/16(A)

     180     199

7.750%, 01/20/20(B)

     1,640     1,796

7.750%, 10/17/16

     950     1,051

7.250%, 10/17/11

     650     683

PT Adaro

    

7.625%, 10/22/19(B)

     1,675     1,692

Republic of Indonesia

    

11.625%, 03/04/19(B)

     2,225     3,198

11.625%, 03/04/19

     2,750     3,953

11.500%, 09/15/19

   IDR  6,300,000     843

11.000%, 11/15/20

   IDR  14,300,000     1,890

10.375%, 05/04/14(B)

     200     246

10.375%, 05/04/14

     1,300     1,599

10.000%, 06/17/21

   IDR  38,400,000     5,537

8.500%, 10/12/35

     3,600     4,545

7.750%, 01/17/38

     14,096     16,633

7.500%, 01/15/16

     2,300     2,673

7.250%, 04/20/15

     480     548

6.875%, 01/17/18(B)

     1,400     1,579

6.875%, 01/17/18

     2,450     2,762

6.750%, 03/10/14(B)

     900     992

6.750%, 03/10/14

     700     774

6.625%, 02/17/37

     2,250     2,377

5.875%, 03/13/20(B)

     1,400     1,477

Star Energy

    

11.500%, 02/12/15

     400     414
       
      59,110
       

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    2

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

June 30, 2010

 

Description

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

Iraq — 1.1%

      

Republic of Iraq

      

5.800%, 01/15/28

      10,975    $ 8,835
         

Ivory Coast — 0.2%

      

Ivory Coast Government International Bond

      

2.500%, 12/31/32

      3,363      1,850
         

Jamaica — 0.1%

      

Digicel Group

      

8.875%, 01/15/15(B)

      550      538
         

Kazakhstan — 3.7%

      

CenterCredit International

      

8.625%, 01/30/14

      1,500      1,485

HSBK Europe

      

9.250%, 10/16/13

      675      701

7.750%, 05/13/13

      150      151

7.250%, 05/03/17

      460      424

Kazkommerts International

      

8.700%, 04/07/14(C)

      1,300      1,103

8.500%, 04/16/13

      1,150      1,072

8.000%, 11/03/15

      1,500      1,358

7.875%, 04/07/14

      750      690

7.500%, 11/29/16(A)

      2,050      1,814

6.875%, 02/13/17

    EUR  450      486

6.250%, 05/20/15

      923      935

KazMunaiGaz Finance Sub MTN

      

11.750%, 01/23/15(B)

      2,873      3,516

11.750%, 01/23/15

      150      184

9.125%, 07/02/18

      3,379      3,869

9.125%, 07/02/18(B)

      3,815      4,378

8.375%, 07/02/13

      3,500      3,762

7.000%, 05/05/20

      150      151

7.000%, 05/05/20(B)

      3,927      3,942

Tengizchevroil Finance

      

6.124%, 11/15/14

      322      330
         
        30,351
         

Lithuania — 0.5%

      

Republic of Lithuania

      

7.375%, 02/11/20(B)

      1,800      1,907

7.375%, 02/11/20

      1,250      1,311

6.750%, 01/15/15(B)

      1,150      1,205
         
        4,423
         

Malaysia — 3.3%

      

Government of Malaysia

      

4.378%, 11/29/19

    MYR  10,580      3,372

3.741%, 02/27/15

    MYR  10,560      3,292

Malaysia Sukuk Global

      

3.928%, 06/04/15(B)

      400      406

Petroliam Nasional

      

7.625%, 10/15/26

      925      1,141

 

Description

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

Petronas Capital

      

7.875%, 05/22/22

      6,405    $ 7,979

7.875%, 05/22/22(B)

      250      312

7.875%, 05/22/22

      1,000      1,246

5.250%, 08/12/19(B)

      8,795      9,251
         
        26,999
         

Mexico — 8.6%

      

BBVA Bancomer

      

6.008%, 05/17/22(C)

      670      642

Cemex

      

9.250%, 05/12/20(B)

      1,404      1,221

GEO

      

9.250%, 06/30/20(B)

      900      899

Grupo Senda

      

10.500%, 10/03/15

      3,865      3,594

Mexican Bonos

      

8.000%, 06/11/20

    MXP  21,570      1,808

7.500%, 06/03/27

    MXP  8,530      667

Mexican Bonos, Ser M10

      

8.000%, 12/17/15

    MXP  47,010      3,931

7.250%, 12/15/16

    MXP  10,700      860

Mexican Bonos, Ser MI10

      

9.500%, 12/18/14

    MXP  10,161      892

NII Capital

      

10.000%, 08/15/16

      3,559      3,746

Oceanografia

      

11.250%, 07/15/15

      1,029      597

Pemex Finance

      

9.150%, 11/15/18

      1,595      2,049

Pemex Project Funding Master Trust

      

6.625%, 06/15/35

      450      463

5.750%, 03/01/18

      1,505      1,577

Petroleos Mexicanos

      

8.000%, 05/03/19

      850      1,011

6.000%, 03/05/20(B)

      450      472

United Mexican States MTN

      

8.300%, 08/15/31

      12,750      17,212

8.125%, 12/30/19

      1,180      1,510

7.500%, 04/08/33

      3,665      4,590

6.625%, 03/03/15

      2,150      2,460

6.050%, 01/11/40

      7,362      7,804

5.950%, 03/19/19

      2,158      2,395

5.625%, 01/15/17

      3,650      4,006

5.125%, 01/15/20

      850      884

United Mexican States, Ser A MTN

      

6.750%, 09/27/34

      4,024      4,638
         
        69,928
         

Nigeria — 0.2%

      

GTB Finance

      

8.500%, 01/29/12

      600      614

UBS

      

0.000%,

      

08/29/10(A)(B)(C)

      750      725
         
        1,339
         

 

3    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

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

Oman — 0.1%

      

Blue City Investments

      

13.750%, 11/07/13(A)

      2,250    $ 450

4.174%, 11/07/13(C)

      250      145
         
        595
         

Pakistan — 0.6%

      

Republic of Pakistan

      

7.125%, 03/31/16

      2,860      2,704

6.875%, 06/01/17

      2,240      2,013
        4,717

Panama — 2.1%

      

Republic of Panama

      

9.375%, 01/16/23

      560      729

9.375%, 04/01/29

      5,732      7,939

8.875%, 09/30/27

      750      999

8.125%, 04/28/34

      720      900

7.250%, 03/15/15

      3,260      3,773

6.700%, 01/26/36

      2,475      2,729
         
        17,069
         

Peru — 2.9%

      

Interoceanica IV Finance

      

3.910%, 11/30/25(A)(B)(G)

      921      414

3.786%, 11/30/18(A)(B)(G)

      422      304

Peru Enhanced Pass-Through

      

Finance

      

6.925%, 06/02/25(B)(G)

      320      144

3.881%, 05/31/18(A)(B)(G)

      1,092      874

3.122%, 05/31/18(G)

      625      500

Republic of Peru

      

8.750%, 11/21/33

      6,415      8,692

8.375%, 05/03/16

      750      919

7.840%, 08/12/20

    PEI  2,010      794

7.350%, 07/21/25

      7,195      8,616

7.125%, 03/30/19

      845      999

6.550%, 03/14/37

      1,131      1,250
         
        23,506
         

Philippines — 5.6%

      

National Power

      

9.625%, 05/15/28(A)

      1,400      1,708

Power Sector

      

7.390%, 12/02/24

      800      872

7.250%, 05/27/19

      460      509

 

Description

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

Republic of the Philippines

      

10.625%, 03/16/25

      3,585    $ 5,171

9.500%, 02/02/30

      3,250      4,396

8.875%, 03/17/15

      450      554

8.375%, 06/17/19

      1,945      2,409

8.250%, 01/15/14

      600      702

8.000%, 01/15/16

      3,550      4,300

7.750%, 01/14/31

      6,123      7,095

7.500%, 09/25/24

      12,276      14,378

6.500%, 01/20/20

      450      494

6.375%, 10/23/34

      3,340      3,344
         
        45,932
         

Poland — 1.5%

      

Republic of Poland

      

6.375%, 07/15/19

      10,340      11,438

TVN Finance

      

10.750%, 11/15/17(B)

    EUR  800      1,027
         
        12,465
         

Qatar — 1.1%

      

Government of Qatar

      

9.750%, 06/15/30

      425      616

6.400%, 01/20/40(B)

      710      754

5.250%, 01/20/20(B)

      4,215      4,405

Qtel International Finance

      

7.875%, 06/10/19

      2,450      2,833

6.500%, 06/10/14(B)

      350      383
         
        8,991
         

Russia — 9.2%

      

Alfa Diversified Payment Rights

      

Finance MTN

      

2.157%, 12/15/11(B)(C)

      168      155

Alfa Invest MTN

      

9.250%, 06/24/13(A)(B)

      750      783

Alfa Issuance MTN

      

8.000%, 03/18/15

      417      412

Bank of Moscow

      

7.500%, 11/25/15(A)(C)

      1,200      1,194

Edel Capital for Sinek Capital

      

7.700%, 08/03/15

      500      506

Gaz Capital MTN

      

9.625%, 03/01/13

      1,200      1,335

8.625%, 04/28/34

      835      957

6.212%, 11/22/16

      600      605

Gaz Capital for Gazprom

      

6.510%, 03/07/22(B)

      990      954

MTS International Funding

      

8.625%, 06/22/20(B)

      1,470      1,521

RSHB Capital

      

9.000%, 06/11/14

      750      843

7.750%, 05/29/18

      650      695

7.175%, 05/16/13

      100      105

6.299%, 05/15/17

      300      298

Russian Federal Bond - OFZ

      

11.200%, 12/17/14

    RUB  42,300      1,585

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    4

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

June 30, 2010

 

Description

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

Russian Federation Registered

    

12.750%, 06/24/28

     3,560   $ 5,963

7.500%, 03/31/30(D)

     36,801     41,486

Russian Foreign Bond - Eurobond 5.000%,

    

04/29/20(B)(F)

     1,400     1,351

Teorema

    

11.000%, 10/27/09(E)

     3,400     340

TNK-BP Finance

    

7.875%, 03/13/18(B)

     427     445

7.500%, 07/18/16(B)

     365     378

7.250%, 02/02/20(B)

     927     926

6.250%, 02/02/15(B)

     517     518

Transneft

    

8.700%, 08/07/18(B)

     400     467

Vimpel Communications

    

9.125%, 04/30/18(A)(B)

     700     753

9.125%, 04/30/18

     350     377

8.375%, 04/30/13

     250     265

8.375%, 04/30/13(B)

     1,290     1,365

8.250%, 05/23/16

     570     587

VTB Capital

    

6.875%, 05/29/18

     5,900     6,062

6.609%, 10/31/12(B)

     1,650     1,695

6.250%, 06/30/35

     381     380
       
      75,306
       

Saudi Arabia — 0.1%

    

Dar Al-Arkan International Sukuk

    

10.750%, 02/18/15(B)

     700     698
       

Singapore — 0.2%

    

Sea Product

    

4.500%, 05/14/10(A)

     2,500     1,250
       

South Africa — 1.7%

    

Consol Glass MTN

    

7.625%, 04/15/14

   EUR  221     252

Edcon Proprietary

    

3.969%, 06/15/14(C)

   EUR  1,900     1,641

Republic of South Africa

    

8.500%, 06/23/17

     860     1,032

8.000%, 12/21/18

   ZAR  6,150     764

7.500%, 01/15/14

   ZAR  6,090     784

6.875%, 05/27/19

     2,377     2,719

6.500%, 06/02/14

     2,195     2,436

5.875%, 05/30/22

     2,300     2,432

5.500%, 03/09/20

     1,650     1,706
       
      13,766

South Korea — 0.3%

    

Export-Import Bank of Korea

    

8.125%, 01/21/14

     720     824

5.875%, 01/14/15

     695     753

Republic of Korea

    

7.125%, 04/16/19

     900     1,080
       
      2,657
       

Description

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

Sri Lanka — 0.1%

    

Republic of Sri Lanka

    

7.400%, 01/22/15(B)

   450   $ 463
       

Supra-National — 0.1%

    

Andina de Fomento

    

8.125%, 06/04/19

   485     596

Eurasian Development Bank MTN

    

7.375%, 09/29/14(B)

   275     290
       
      886
       

Thailand — 0.2%

    

True Move

    

10.750%, 12/16/13

   100     98

10.750%, 12/16/13(A)(B)

   1,250     1,247
      1,345

Trinidad & Tobago — 0.4%

    

Petroleum of Trinidad & Tobago

    

9.750%, 08/14/19(B)

   490     559

6.000%, 05/08/22(A)

   2,255     2,126

6.000%, 05/08/22(B)

   800     754
       
      3,439
       

Tunisia — 0.4%

    

Banque Centrale de Tunisie

    

8.250%, 09/19/27

   800     960

7.375%, 04/25/12

   1,305     1,418

6.250%, 02/20/13

   360     476
       
      2,854
       

Turkey — 4.1%

    

Globus Capital Finance

    

8.500%, 03/05/12

   500     460

Republic of Turkey

    

11.875%, 01/15/30

   650     1,053

9.500%, 01/15/14

   500     589

8.000%, 02/14/34

   2,200     2,571

7.500%, 07/14/17

   1,150     1,314

7.500%, 11/07/19

   3,780     4,333

7.375%, 02/05/25

   2,970     3,347

7.250%, 03/05/38

   2,840     3,046

7.250%, 03/15/15

   1,000     1,120

7.000%, 09/26/16

   1,050     1,169

7.000%, 06/05/20

   200     221

7.000%, 03/11/19

   650     722

6.875%, 03/17/36

   5,520     5,699

6.750%, 04/03/18

   3,700     4,052

6.750%, 05/30/40

   3,818     3,828
       
      33,524
       

Ukraine — 3.8%

    

Biz Finance for Ukreximbank

    

8.375%, 04/27/15

   1,250     1,224

 

5    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Description

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

Credit Suisse First Boston International for CJSC The EXIM of Ukraine

    

8.000%, 11/06/15(A)

     750   $ 679

7.650%, 09/07/11(A)

     500     497

6.800%, 10/04/12

     750     713

DTEK Finance BV

    

9.500%, 04/28/15(B)

     620     586

Government of Ukraine

    

7.650%, 06/11/13

     250     252

7.650%, 06/11/13

     2,220     2,237

6.750%, 11/14/17

     850     786

6.580%, 11/21/16

     800     741

6.580%, 11/21/16(B)

     2,540     2,343

3.200%, 12/19/10(B)

   JPY  660,000     7,299

JSC Commercial Bank

    

8.000%, 02/06/12

     2,100     1,964

MHP

    

10.250%, 04/29/15

     1,428     1,371

NAK Naftogaz Ukraine

    

9.500%, 09/30/14

     8,573     8,873

9.500%, 09/30/14

     1,450     1,506

Springvale Holdings 9.181%, 09/07/09(A)(C)(E)

     1,000     75
       
      31,146
       

United Arab Emirates — 1.8%

Dolphin Energy

    

5.888%, 06/15/19(B)

     624     645

5.888%, 06/15/19

     1,103     1,140

Dubai DOF Sukuk MTN

    

6.396%, 11/03/14

     1,700     1,617

Dubai Electricity & Water Authority

    

8.500%, 04/22/15(B)

     1,750     1,783

Dubai Holding Commercial Operations MTN

    

4.750%, 01/30/14

   EUR  1,500     1,399

0.624%, 02/01/12(C)

     150     120

Dubai Sukuk Centre

    

0.632%, 06/13/12(C)

     600     445

Emirate of Abu Dhabi

    

6.750%, 04/08/19(B)

     470     537

Jafz Sukuk

    

3.741%, 11/27/12(C) AED

     22,400     5,017

Nakheel Development

    

2.750%, 01/16/11

     2,200     2,370
       
      15,073
       

Uruguay — 2.9%

    

Republic of Uruguay PIK

    

7.875%, 01/15/33

     2,650     3,140

Republic of Uruguay

    

9.250%, 05/17/17

     3,525     4,450

8.000%, 11/18/22

     11,020     13,280

7.625%, 03/21/36

     1,995     2,314

6.875%, 09/28/25

     401     447
       
      23,631
       

Description

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

Venezuela — 6.4%

    

Government of Venezuela

    

13.625%, 08/15/18

   2,400   $ 2,088

10.750%, 09/19/13

   200     174

9.375%, 01/13/34

   2,230     1,383

9.250%, 05/07/28

   4,265     2,672

9.250%, 09/15/27

   3,873     2,605

9.000%, 05/07/23

   9,106     5,722

8.500%, 10/08/14

   7,486     5,745

8.250%, 10/13/24

   4,155     2,451

7.750%, 10/13/19

   1,825     1,113

7.650%, 04/21/25

   4,520     2,441

7.000%, 12/01/18

   230     133

7.000%, 03/31/38

   100     54

6.000%, 12/09/20

   1,830     965

5.750%, 02/26/16

   1,963     1,227

1.307%, 04/20/11(C)

   14,924     13,805

Petroleos de Venezuela

    

5.500%, 04/12/37

   3,400     1,479

5.375%, 04/12/27

   4,555     2,027

5.250%, 04/12/17

   8,325     4,454

5.000%, 10/28/15

   1,500     795

4.900%, 10/28/14

   1,475     848
       
      52,181
       

Vietnam — 0.2%

    

Republic of Vietnam

    

6.875%, 01/15/16

   350     369

6.750%, 01/29/20(B)

   744     766

Socialist Republic of Vietnam

    

6.750%, 01/29/20

   100     103
       
      1,238
       

Total Global Bonds (Cost $691,265) ($ Thousands)

       750,875
       

LOAN PARTICIPATIONS — 2.7%

Angola — 0.2%

    

Republic of Angola

    

3.006%, 04/30/16 EUR

   1,300     1,317
       

Cambodia — 0.2%

    

Camgsm PIK

    

12.847%, 04/25/10

   2,042     2,042
       

Georgia — 0.0%

    

Ashmore Cayman

    

0.000%, 04/16/14(G)

   221     227
       

Indonesia — 0.3%

    

Indonesia Standby Loan 94 (Counterparty: Deutsche Bank)

    

1.500%, 06/29/10

   2,309     2,124
       

Mexico — 0.3%

    

Altos Hornos Promissory Note # 5 0.000%,

    

04/29/99 (A)(E)

   2,500     375

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    6

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

June 30, 2010

 

Description

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

Altos Hornos Promissory Note # 6 0.000%,

      

04/29/99 (A)(E)

    2,500    $ 375

Altos Hornos Promissory Note (Counterparty: Deustche Bank) 0.000%,

      

12/31/49 (A)(E)

    4,500      675

Altos Hornos Tranche A (Counterparty: Bank of America) 0.000%,

      

04/11/04 (A)(E)

    6,540      981
         
        2,406
         

Russia — 0.2%

      

Snegri

      

10.500%, 04/21/10 (A)

    2,423      1,938
         

Singapore — 1.5%

      

Connect International PIK 0.000%,

      

01/01/10 (A)(E)

    9,128      8,912

Morton Bay 6.250%, 12/30/09 (A)

    3,193      3,193
         

Total Loan Participations (Cost $24,569) ($ Thousands)

         22,159
         

CONVERTIBLE BONDS — 0.7%

   

India — 0.7%

      

Firstsource CV to 42,549.14 Shares

      

5.836%, 12/04/12 (G)

    1,900      1,909

Reliance Communications CV to 6,670.90 Shares

      

0.000%, 03/01/12 (G)

    1,200      1,362

Suzlon Energy CV to 22.68 Shares

      

1.330%, 06/12/12

    2,077      2,135

Suzlon Energy CV to 533.28 Shares

      

2.468%, 07/25/14

    450      385

Total Convertible Bonds (Cost $5,298) ($ Thousands)

         5,791

WARRANTS — 0.0%

      

Russia — 0.0%

      

Teorema Holding A,

      

Expires 10/27/11 *(A)

    226      —  

Teorema Holding B,

      

Expires 10/27/11 *(A)

    452      —  
         

Total Warrants (Cost $77) ($ Thousands)

         —  

Description

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

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

United States — 0.1%

      

Deposits with Merrill Lynch as Collateral for Swap Contracts Outstanding

    455    $ 455
         

Total Deposit with Counterparty as Collateral for Swap Contracts (Cost $455) ($ Thousands)

         455
         

AFFILIATED PARTNERSHIP — 0.9%

United States — 0.9%

      

SEI Liquidity Fund, L.P., 0.240%†**(I)

    7,524,799      7,249
         

Total Affiliated Partnership
(Cost $7,525) ($ Thousands)

         7,249
         

Total Investments — 96.5%
(Cost $729,189) ($ Thousands)§

       $ 786,529

A summary of the outstanding forward foreign currency contracts held by the Fund at June 30, 2010, is as follows:

 

Settlement Date

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

7/2/10

   BRL   8,111   USD   4,450   $ (50)

7/2/10-8/3/10

   USD   11,871   BRL   21,720     159

7/8/10

   RUB   218,991   USD   6,890     (119)

7/8/10-7/23/10

   USD   7,090   RUB   218,991     (83)

7/12/10

   INR   284,313   USD   6,094     (20)

7/12/10

   KRW   8,733,079   USD   7,210     61

7/12/10-10/12/10

   USD   13,302   INR   612,065     (192)

7/12/10-10/12/10

   USD   14,281   KRW   17,047,252     (310)

7/16/10

   SGD   5,505   USD   3,877     (67)

7/16/10

   USD   4,000   SGD   5,505     (56)

7/21/10

   COP   7,304,504   USD   3,836     25

7/21/10-7/26/10

   PLN   14,184   USD   4,221     26

7/23/10-7/26/10

   USD   4,286   PLN   14,184     (92)

7/26/10

   MXP   27,026   USD   2,061     (32)

7/26/10-8/9/10

   EUR   21,679   USD   26,328     (226)

7/26/10-8/13/10

   USD   7,491   MXP   97,665     64

7/30/10

   JPY   646,792   USD   7,238     (77)

8/9/10

   USD   11,628   EUR   9,500     9

11/23/10

   CNY   5,369   USD   794     —  

11/23/10-5/20/11

   USD   5,002   CNY   33,465     (28)
             
          $ (1,008)
             

 

7    SEI Institutional International Trust / Quarterly Report / June 30, 2010

A summary of the open futures contracts held by the Fund at June 30, 2010, is as follows:

 

Type of

Contract

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

U.S. Ultra Long Treasury Bond

    3    Oct-2010    $ 16
            

For the year ended June 30, 2010, 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.

 


 

A summary of outstanding swap agreements held by the fund at June 30, 2010, is as follows:

 

Total Return Swaps  

Counterparty

    Reference Entity/Obligation   Fund Pays    Fund Receives    Termination Date    Notional Amount
(Thousands)		    Net Unrealized
Appreciation
(Depreciation)
($Thousands)		  
Merrill Lynch    Zaporozh Term Loan
9.784% 12/31/2010		   Cash Deposit Of
Notional
Amount		    Price Return    12/31/10    RUB    455    $ 10   
HSBC    City Of Moscow
16.000% 06/08/2014		   Cash Deposit Of
Notional
Amount		    Price Return    06/08/14    RUB    4,380      (13 ) 
HSBC    City Of Moscow
16.000% 06/08/2014		   Cash Deposit Of
Notional
Amount		    Price Return    06/08/14    RUB    4,205      (12 ) 
HSBC    Russia Federal Loan
Bond 12.000%
08/20/2014		   Cash Deposit Of
Notional
Amount		    Price Return    08/20/14    RUB    1,877      (4 ) 
HSBC    Russia Federal Loan
Bond 12.000%
08/20/2014		   Cash Deposit Of
Notional
Amount		    Price Return    08/20/14    RUB    7,980      (13 ) 
HSBC    Russia Federal Loan
Bond 8.100%
11/26/2014		   Cash Deposit Of
Notional
Amount		    Price Return    11/26/14    RUB    2,976      (8 ) 
HSBC    Russia Federal Loan
Bond 11.200%
12/17/2014		   Cash Deposit Of
Notional
Amount		    Price Return    12/17/14    RUB    6,272      (17 ) 
HSBC    Russia Federal Loan
Bond 11.200%
12/17/2014		   Cash Deposit Of
Notional
Amount		    Price Return    12/17/14    RUB    7,676      (22 ) 
HSBC    Russian Railways
01/16/2025		   Cash Deposit Of
Notional
Amount		    Price Return    02/02/15    RUB    5,160      (6 ) 
HSBC    Russian Railways
01/16/2025		   Cash Deposit Of
Notional
Amount		    Price Return    02/02/15    USD    3,895      (5 ) 
HSBC    Russian Railways
01/16/2025		   Cash Deposit Of
Notional
Amount		    Price Return    01/16/25    RUB    4,864      (6 ) 
                         
                    $ (96 ) 
                         

The following is a summary of the inputs used as of June 30, 2010 in valuing the Fund’s investments carried at value ($ Thousands):

 

      Level 1    Level 2     Level 3    Total  

Investments in Securities

           

Global Bonds

    $ —      $ 750,875      $ —      $ 750,875   

Loan Participations

      —        2,124        20,035      22,159   

Convertible Bonds

      —        5,791        —        5,791   

Warrants

      —        —          —        —     

Deposit with Counterparty as Collateral for Swap

           

Contracts

      —        455        —        455   

Affiliated Partnership

      —        7,249        —        7,249   
                              

Total Investments in Securities

    $ —      $ 766,494      $ 20,035    $ 786,529   
                              
      Level 1    Level 2     Level 3    Total  

Other Financial Instruments*

           

Forwards

    $ —      $ (1,008 )    $ —      $ (1,008 ) 

Futures

      16      —          —        16   

Total Return Swaps

      —        (106 )      10      (96 ) 

Total Other Financial Instruments

    $ 16    $ (1,114 )    $ 10    $ (1,088 ) 

 

* 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

      13        —     

Realized gain/(loss)

      (870 )      25   

Change in unrealized appreciation/(depreciation)

      3,072        748   

Net purchases/sales

      (8,810 )      (25 ) 

Net transfer in and/or out of Level 3

      —          —     
                

Ending balance as of June 30, 2010

    $ 20,035      $ 10   
                

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

    $ 980      $ 485   
                

 

SEI Institutional International Trust / Quarterly Report / June 30, 2010    8

SCHEDULE OF INVESTMENTS (Unaudited)

Emerging Markets Debt Fund

June 30, 2010

 

Percentages are based on a Net Assets of $814,822($ Thousands).

 

* Non-income producing security.

 

** Rate shown is the 7-day effective yield as of June 30, 2010.

 

† Affiliated security.

 

(1) In U.S. dollars unless otherwise indicated.

 

(A) Securities considered illiquid. The total market value of such securities as of June 30, 2010 was $35,883($ Thousands) and represented 4.4% of Net Assets.

 

(B) Securities sold within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to dealers in that program or other “accredited investors.” These securities have been determined to be liquid under guidelines established by the Board of Trustees.

 

(C) Variable Rate Security—The rate reported on the Schedule of Investments is the rate in effect as of June 30, 2010.

 

(D) Step Bonds—The rate reflected on the Schedule of Investments is the effective yield on June 30, 2010. The coupon on a step bond changes on a specified date.

 

(E) Security in default on interest payments.

 

(F) This security or a partial position of this security is on loan at June 30, 2010. The total market value of securities on loan at June 30, 2010 was $7,166 ($ Thousands). (G) Zero coupon security. The rate reported on the Schedule of Investments is the effective yield at time of purchase.

 

(H) Cash on deposit with swap counterparty as collateral for outstanding swap contracts. (I) This security was purchased with cash collateral held from securities on loan. The total value of such securities as of June 30, 2010 was $7,249 ($ Thousands).

 

§ At June 30, 2010, the tax basis cost of the Fund’s investments was $729,189 ($ Thousands), and the unrealized appreciation and depreciation were $77,529 ($ Thousands) and ($20,189)($ Thousands) respectively.

AED — United Arab Emirates Dirham

BRL — Brazilian Real

CNY — Chinese Yuan

COP — Colombian Peso

CV — Convertible Security

DEM — German Mark

EUR — Euro

IDR — Indonesian Rupiah

INR— Indian Rupee

JPY — Japanese Yen

KRW — Korean Won

L.P. — Limited Partnership

MTN — Medium Term Note

MXP — Mexican Peso

MYR — Malaysian Ringgit

PEI — Peruvian Inca

PIK — Payment-in-Kind

PLN — Polish Zloty

Ser — Series

RUB — Russian Ruble

SGD — Singapore 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.


 

 

9    SEI Institutional International Trust / Quarterly Report / June 30, 2010

Item 2. Controls and Procedures

(a) The Registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “1940 Act”) are effective (except as noted below), based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 as of a date within 90 days of the filing date of this report.

Subsequent to the last fiscal quarter, the Registrant’s fund accounting agent has advised management that certain of their controls related to changes to security terms recorded in the accounting system that have not been authorized by the fund accounting agent’s management, including security interest yields, were not operating effectively.

(b) There was no change in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) 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. Subsequent to the Registrant’s last fiscal quarter, a new control has been implemented to ensure the timely detection of changes to fixed income securities that materially impact a security’s interest yield.

 

Item 3. Exhibits.

(a) A separate certification for the principal executive officer and the principal financial officer of the Registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended (17 CFR 270.30a-2(a)), are filed herewith.

SIGNATURES

Pursuant to the requirements of the securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant)       SEI Institutional International Trust
By (Signature and Title)       /S/    ROBERT A. NESHER        
      Robert A. Nesher, Chief Executive Officer

Date: August 30, 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: August 30, 2010      
By (Signature and Title)       /S/    STEPHEN F. PANNER        
      Stephen F. Panner, Controller & CFO

Date: August 30, 2010

EX-99.CERT 2 dex99cert.htm CERTIFICATION PURSUANT TO SECTION 302 Certification pursuant to Section 302

Certification

Pursuant to Section 302

of the Sarbanes-Oxley Act of 2002

I, Robert A. Nesher, certify that:

1. I have reviewed this report on Form N-Q of SEI Institutional International Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal controls over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal controls which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 30, 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: August 30, 2010

 

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