0001193125-14-075534.txt : 20140228 0001193125-14-075534.hdr.sgml : 20140228 20140228112203 ACCESSION NUMBER: 0001193125-14-075534 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20131231 FILED AS OF DATE: 20140228 DATE AS OF CHANGE: 20140228 EFFECTIVENESS DATE: 20140228 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: 14652540 BUSINESS ADDRESS: STREET 1: SEI INVESTMENTS ATTN: CAREN ROSCH STREET 2: 1FREEDOM CIRCLE DRIVE CITY: OAKS STATE: PA ZIP: 19456 BUSINESS PHONE: 610 676-3097 MAIL ADDRESS: STREET 1: SEI INVESTMENTS ATTN: CAREN ROSCH STREET 2: 1FREEDOM CIRCLE DRIVE CITY: OAKS STATE: PA ZIP: 19456 FORMER COMPANY: FORMER CONFORMED NAME: SEI INTERNATIONAL TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SEI WEALTH MANAGEMENT TRUST DATE OF NAME CHANGE: 19900129 0000835597 S000006418 SIT INTERNATIONAL EQUITY FUND C000017606 SIT INTERNATIONAL EQUITY FUND - CLASS I C000017607 SIT INTERNATIONAL EQUITY FUND - CLASS A SEITX 0000835597 S000006419 SIT INTERNATIONAL FIXED INCOME FUND C000017608 SIT INTERNATIONAL FIXED INCOME FUND - CLASS A SEFIX 0000835597 S000006420 SIT EMERGING MARKETS EQUITY FUND C000017609 SIT EMERGING MARKETS EQUITY FUND - CLASS A SIEMX 0000835597 S000006421 SIT EMERGING MARKETS DEBT FUND C000017610 SIT EMERGING MARKETS DEBT FUND - CLASS A SITEX N-Q 1 d436012dnq.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)

 

 

SEI Investments

One Freedom Valley Drive

Oaks, PA 19456

(Address of principal executive offices) (Zip code)

c/o CT Corporation

155 Federal Street

Boston, MA 02110

(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, 2014

Date of reporting period: December 31, 2013

 

 

 


Item 1. Schedule of Investments


Schedule of Investments (Unaudited)

International Equity Fund

December 31, 2013

 

Description   Shares        Market Value
($ Thousands)
 

COMMON STOCK — 93.4%

      

Argentina — 0.0%

      

Tenaris

    3,333         $ 73  
      

 

 

 

Australia — 1.8%

      

Amcor (A)

    447,905           4,228   

AMP (A)

    14,314           56   

APA Group (A)

    3,515           19   

Asciano Group (A)

    13,286           68   

Australia & New Zealand Banking Group*

    17,771           512   

Australian Stock Exchange

    2,160           71   

BC Iron

    117,343           545   

Bendigo and Adelaide Bank (A)

    716           8   

Boral (A)

    8,102           35   

Brambles

    1,457,100           11,928   

Caltex Australia

    4,355           78   

Centamin*

    344,234           254   

Commonwealth Bank of Australia

    66,156           4,605   

Computershare (A)

    5,251           53   

Crown Resorts (A)

    42,373           639   

CSL

    63,632           3,926   

Dexus Property Group (A)(B)

    404,502           364   

Flight Centre Travel Group (A)

    16,217           690   

Goodman Group (A)(B)

    223,910           947   

GPT Group (A)(B)

    27,630           84   

Iluka Resources (A)

    293,245           2,264   

Insurance Australia Group

    460,594           2,398   

JB Hi-Fi

    24,865           478   

Lend Lease (A)

    5,691           57   

Macquarie Group

    23,470           1,154   

Mount Gibson Iron

    219,052           199   

National Australia Bank

    821           26   

Orora* (A)

    447,905           465   

Ramsay Health Care (A)

    30,614           1,185   

RCR Tomlinson

    41,735           137   

Recall Holdings*

    133,026           483   

Roc Oil*

    155,859           68   

Sims Metal Management*

    16,320           159   

Sonic Healthcare (A)

    8,777           130   

Suncorp Group

    185,726           2,177   

Sydney Airport

    24,868           85   

Tatts Group (A)

    76,198           211   

Telstra (A)

    803,578           3,774   

Toll Holdings (A)

              

Transurban Group

    12,189           75   

Wesfarmers

    23,986           945   

Westfield Group (A)(B)

    66,133           597   

Westfield Retail Trust (A)(B)

    33,619           89   

Westpac Banking* (A)

    19,709           571   

Woolworths

    445           13   
      

 

 

 
         46,850   
      

 

 

 

Austria — 0.4%

      

Andritz (C)

    94,050           5,904   

Erste Group Bank (C)

    13,517           472   

Flughafen Wien (C)

    849           71   

OMV (C)

    63,851           3,062   

Vienna Insurance Group (C)

    716           36   

Voestalpine (C)

    11,506           554   
      

 

 

 
         10,099   
      

 

 

 
Description   Shares        Market Value
($ Thousands)
 

Belgium — 1.6%

      

Ageas

    216,053         $ 9,214  

Anheuser-Busch InBev

    32,980           3,511  

Belgacom (A)

    204,624           6,064  

Colruyt

    110,918           6,202  

Delhaize Group

    51,542           3,068  

Groupe Bruxelles Lambert

    40,293           3,705  

KBC Groep*

    132,615           7,538  

Solvay

    301           48  

Telenet Group Holding*

    7,697           460  

UCB

    637           47  
      

 

 

 
         39,857  
      

 

 

 

Brazil — 0.5%

      

Banco Santander Brasil ADR

    646,503           3,944  

Braskem ADR*

    49,935           891  

Centrais Eletricas Brasileiras*

    147,600           367  

Centrais Eletricas Brasileiras ADR* (A)

    1,065,969           2,761  

Cia Energetica de Minas Gerais ADR

    184,019           1,434  

Cia Paranaense de Energia ADR (A)

    8,398           110  

Gerdau ADR

    371,610           2,914  

Petroleo Brasileiro ADR*

    72,444           998  
      

 

 

 
         13,419  
      

 

 

 

Canada — 3.6%

      

Aecon Group (A)

    5,100           77  

Agrium

    92,826           8,492  

Alimentation Couche Tard, Cl B

    37,100           2,789  

Altus Group

    4,119           65  

Atrium Innovations*

    7,400           169  

Bank of Nova Scotia

    56,971           3,562  

Bankers Petroleum*

    18,400           76  

Barrick Gold

    396,461           6,990  

Cameco (A)

    290,200           6,027  

Canadian Natural Resources

    43,500           1,471  

Canadian Pacific Railway

    45,947           6,947  

Celestica*

    6,200           64  

Cenovus Energy (A)

    86,998           2,489  

Davis & Henderson

    11,305           317  

Dollarama

    43,700           3,628  

Dominion Diamond*

    3,611           52  

Empire

    15,200           1,038  

Enerflex

    4,886           69  

Ensign Energy Services (A)

    15,800           249  

Imperial Oil (A)

    292,500           12,950  

Jean Coutu Group PJC, Cl A

    6,600           114  

Kinross Gold*

    1,448,771           6,346  

Legacy Oil + Gas*

    56,412           325  

Linamar

    13,900           578  

Magna International, Cl A

    48,000           3,935  

Mullen Group

    23,600           631  

New Gold*

    499,100           2,612  

Quebecor, Cl B

    11,000           274  

ShawCor

    57,500           2,299  

Silver Wheaton

    160,400           3,238  

Talisman Energy

    507,354           5,911  

Toronto-Dominion Bank

    84,785           7,989  

Transcontinental, Cl A

    17,100           235  

Trinidad Drilling (A)

    22,000           204  

Western Forest Products

    38,500           70  

Yellow Media*

    2,800           54  
      

 

 

 
 

 

1    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Equity Fund

December 31, 2013

 

Description   Shares        Market Value
($ Thousands)
 
       $ 92,336  
      

 

 

 

China — 0.1%

      

Lihua International* (A)

    14,953           85  

PICC Property & Casualty

    1,686,000           2,501  

Yangzijiang Shipbuilding Holdings

    435,000           408  
      

 

 

 
         2,994  
      

 

 

 

Denmark — 0.8%

      

AP Moeller — Maersk, Cl B (C)

    374           4,054  

Carlsberg, Cl B (C)

    473           52  

Coloplast, Cl B (C)

    26,101           1,733  

Danske Bank* (C)

    21,799           502  

DSV (C)

    1,871           62  

Jyske Bank* (C)

    89,881           4,868  

Novo Nordisk, Cl B

    20,169           3,703  

Novozymes, Cl B (C)

    2,840           120  

Rockwool International, Cl B (C)

    499           88  

TDC (C)

    49,317           479  

Tryg (C)

    49,038           4,750  
      

 

 

 
         20,411  
      

 

 

 

Finland — 0.6%

      

Huhtamaki (C)

    7,436           191  

Kone, Cl B (A)(C)

    4,453           201  

Neste Oil (C)

    10,395           206  

Nokia* (C)

    1,168,000           9,453  

Orion, Cl B (C)

    848           24  

Pohjola Bank, Cl A (C)

    8,993           181  

Sampo, Cl A (C)

    49,525           2,438  

Stora Enso, Cl R (C)

    228,781           2,303  

Tieto (C)

    15,404           349  

UPM-Kymmene (C)

    37,398           635  

Wartsila, Cl B (C)

    9,350           462  
      

 

 

 
         16,443  
      

 

 

 

France — 11.0%

      

Accor

    933           44  

Aeroports de Paris

    3,873           440  

Air Liquide

    738           105  

Alcatel-Lucent*

    22,348           100  

Alstom

    172,122           6,279  

Arkema

    117,415           13,718  

AtoS

    8,258           749  

AXA

    257,091           7,159  

BNP Paribas

    339,299           26,486  

Boiron

    1,900           134  

Bureau Veritas

    20,761           608  

Cap Gemini

    12,439           842  

Carrefour

    259,254           10,292  

Casino Guichard Perrachon

    282           33  

Cie de St.-Gobain

    11,603           639  

Cie Generale des Etablissements-
Michelin, Cl B

    6,881           732  

Ciments Francais

    2,704           206  

CNP Assurances

    32,639           670  

Credit Agricole*

    136,126           1,745  

Dassault Systemes

    6,642           826  

Electricite de France

    205,091           7,259  

Essilor International

    45,625           4,858  

Eurazeo

    5,823           457  

Eutelsat Communications

    244,189           7,626  

GDF Suez

    182,074           4,289  

Gecina (B)

    1,955           259  
Description   Shares        Market Value
($ Thousands)
 

Iliad

    5,237         $ 1,074  

Interparfums

    1,425           62  

JC Decaux

    12,346           510  

Kering

    31,018           6,567  

Klepierre (B)

    2,577           120  

Lafarge

    26,641           2,000  

Lagardere

    26,279           978  

Legrand

    182,101           10,052  

L’Oreal

    38,319           6,743  

Metropole Television

    10,297           236  

Natixis

    69,239           408  

Nexity

    8,567           324  

Pernod Ricard

    28,450           3,246  

Peugeot* (A)

    205,653           2,674  

Publicis Groupe

    67,693           6,204  

Renault

    15,399           1,240  

Rexel

    372,152           9,782  

Safran

    203,531           14,166  

Sanofi

    422,992           44,950  

Schneider Electric

    217,421           18,994  

SCOR

    19,567           716  

SES

    2,994           97  

Societe d’Edition de Canal

    6,157           53  

Societe Generale

    18,286           1,064  

Sodexo

    89,915           9,124  

Suez Environnement

    18,826           338  

Technip

    97,980           9,432  

Teleperformance

    4,248           259  

Thales

    124,302           8,016  

Total

    157,338           9,654  

Unibail-Rodamco (B)

    104           27  

Valeo

    22,621           2,507  

Vallourec

    111,001           6,057  

Veolia Environnement

    24,552           401  

Vivendi

    166,135           4,385  

Wendel

    7,326           1,070  

Zodiac Aerospace

    7,500           1,331  
      

 

 

 
         281,416  
      

 

 

 

Germany — 7.8%

      

Adidas (C)

    70,848           9,049  

Allianz (C)

    31,468           5,671  

Amadeus Fire (C)

    973           73  

BASF (C)

    2,102           225  

Bayer (C)

    120,598           16,961  

Bayerische Motoren Werke (C)

    2,126           250  

Borussia Dortmund GmbH & KGaA

    22,765           114  

Brenntag (C)

    49,312           9,167  

Continental (C)

    77,825           17,125  

Daimler (C)

    231,084           20,087  

Deutsche Bank (C)

    163,562           7,871  

Deutsche Boerse (C)

    116,812           9,697  

Deutsche Lufthansa* (C)

    203,871           4,328  

Deutsche Post (C)

    67,786           2,480  

Deutsche Telekom (C)

    9,843           170  

Deutz* (C)

    13,983           125  

DMG MORI SEIKI (C)

    9,331           298  

E.ON (C)

    232,699           4,309  

Fraport Frankfurt Airport Services Worldwide (C)

    1,334           100  

Fresenius (C)

    3,366           518  

GEA Group (C)

    185,649           8,867  
 

 

2    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Equity Fund

December 31, 2013

 

Description   Shares        Market Value
($ Thousands)
 

Gerresheimer (C)

    3,486         $ 245  

Grammer (C)

    6,818           326  

HeidelbergCement (C)

    111,052           8,447  

Henkel (C)

    14,776           1,543  

Hochtief (C)

    12,015           1,030  

Hugo Boss (C)

    1,819           260  

Kabel Deutschland Holding

    4,769           619  

Linde (C)

    62,174           13,040  

Merck (C)

    33,187           5,964  

Metro* (C)

    3,369           164  

Muenchener Rueckversicherungs (C)

    26,883           5,939  

RTL Group*

    337           44  

SAP (C)

    79,279           6,886  

SAP ADR (A)

    71,300           6,213  

Siemens (C)

    165,426           22,720  

Suedzucker (C)

    41,259           1,116  

ThyssenKrupp* (C)

    226,755           5,539  

TUI* (C)

    32,267           533  

United Internet (C)

    20,550           878  

Volkswagen (C)

    163           44  
      

 

 

 
         199,035  
      

 

 

 

Guernsey — 0.0%

      

Resolution

    34,877           204  
      

 

 

 

Hong Kong — 2.7%

      

AIA Group

    2,144,800           10,760  

BOC Hong Kong Holdings

    23,000           74  

Chaoda Modern Agriculture* (A)(D)

    2,440,000            

Cheung Kong Holdings

    1,000           16  

Cheung Kong Infrastructure Holdings

    52,000           328  

China Merchants Holdings International

    898,000           3,278  

China Mobile ADR

    147,100           7,692  

CNOOC

    6,417,000           11,934  

Digital China Holdings

    2,887,000           3,403  

First Pacific

    108,000           123  

Galaxy Entertainment Group*

    435,000           3,902  

Hang Seng Bank

    5,700           92  

Henderson Land Development

    56,099           320  

Hong Kong & China Gas

    58,660           134  

Hongkong Land Holdings

    836,000           4,932  

Hutchison Whampoa

    189,500           2,576  

Hysan Development

    7,000           30  

Jardine Matheson Holdings

    88,242           4,616  

Jardine Strategic Holdings

    246,110           7,876  

MGM China Holdings

    193,200           825  

Power Assets Holdings

    37,500           298  

SJM Holdings

    48,000           161  

Swire Properties

    14,200           36  

Wharf Holdings

    205,000           1,568  

Wheelock

    171,000           786  

Yue Yuen Industrial Holdings

    694,500           2,320  
      

 

 

 
         68,080  
      

 

 

 

India — 0.5%

      

Idea Cellular

    3,021,776           8,154  

Infosys ADR

    65,396           3,701  

Wipro ADR (A)

    26,293           331  
      

 

 

 
         12,186  
      

 

 

 
Description   Shares        Market Value
($ Thousands)
 

Ireland — 0.3%

      

Bank of Ireland*

    3,251,774         $ 1,129  

Experian

    59,483           1,098  

Kerry Group, Cl A

    3,251           226  

Perrigo

    1,684           258  

Ryanair Holdings ADR*

    33,800           1,586  

Smurfit Kappa Group

    144,130           3,553  
      

 

 

 
         7,850  
      

 

 

 

Israel — 1.4%

      

Bank Hapoalim

    140,386           787  

Bank Leumi Le-Israel*

    1,744           7  

Bezeq Israeli Telecommunication

    4,780,749           8,105  

Check Point Software Technologies*

    261,573           16,877  

NICE Systems

    757           31  

Teva Pharmaceutical Industries ADR

    251,526           10,081  
      

 

 

 
         35,888  
      

 

 

 

Italy — 0.9%

      

AEM (C)

    309,551           363  

Assicurazioni Generali (C)

    3,656           86  

Atlantia (C)

    17,266           387  

CNH Industrial*

    10,576           121  

ERG (C)

    318,046           4,264  

Exor (A)(C)

    106,375           4,235  

Fiat* (C)

    286,451           2,348  

Gtech Spa (C)

    15,915           486  

Intesa Sanpaolo (C)

    18,758           46  

Iren (C)

    94,742           146  

Italcementi (C)

    9,012           77  

Luxottica Group (C)

    25,244           1,355  

Mediobanca* (C)

    6,091           53  

Pirelli & C (C)

    15,333           266  

Prysmian (C)

    872           23  

Safilo Group* (C)

    9,105           212  

Telecom Italia RNC (C)

    11,550,736           9,078  

Terna Rete Elettrica Nazionale (C)

    64,126           321  

UniCredit (C)

    28,734           212  
      

 

 

 
         24,079  
      

 

 

 

Japan — 17.3%

      

Advantest (C)

    8,500           106  

Aeon (C)

    5,800           79  

AEON Financial Service (C)

    17,600           473  

Aisin Seiki (C)

    700           29  

Alfresa Holdings (C)

    9,500           472  

Alpen (C)

    14,700           265  

Amada (C)

    56,000           496  

Aoyama Trading (C)

    8,400           228  

Arcland Sakamoto (C)

    12,800           223  

Asahi Broadcasting (C)

    5,100           33  

Asahi Kasei (C)

    88,000           692  

Astellas Pharma (C)

    149,000           8,851  

Belluna (C)

    13,600           66  

Best Bridal (A)(C)

    13,000           82  

Bridgestone (C)

    4,500           171  

Calbee (C)

    10,300           251  

Calsonic Kansei (C)

    162,000           839  

Canon Marketing Japan (C)

    9,300           130  

Casio Computer (C)

    8,000           98   

Central Japan Railway (C)

    31,600           3,731   
 

 

3    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Equity Fund

December 31, 2013

 

Description   Shares        Market Value
($ Thousands)
 

Coca-Cola West (C)

    11,500         $ 244  

Dai Nippon Printing (A)(C)

    664,000           7,067  

Daicel (C)

    66,000           539  

Daihatsu Motor (A)(C)

    49,000           833  

Daiichi Sankyo (C)

    178,500           3,270  

Daikin Industries (C)

    11,100           694  

Daikyo (C)

    175,000           477  

Daito Trust Construction (C)

    29,600           2,773  

Daiwa House Industry (C)

    210,000           4,077  

Daiwa Securities Group (C)

    609,000           6,111  

Denso (C)

    15,900           842  

Don Quijote Holdings (C)

    1,400           85  

Doutor Nichires Holdings (C)

    6,200           104  

Dydo Drinco (C)

    4,400           185  

East Japan Railway (C)

    83,000           6,624  

Electric Power Development (C)

    5,600           164  

Fanuc (C)

    98,300           18,048  

Fast Retailing (C)

    100           41  

Fuji Film Holdings (C)

    231,500           6,584  

Fuji Heavy Industries (C)

    160,300           4,616  

Fuji Soft (C)

    7,600           175  

Fujitsu* (C)

    140,000           727  

Fukuoka Financial Group (C)

    14,000           62  

Geo Holdings (C)

    20,000           180  

Grandy House (C)

    16,800           57  

GungHo Online Entertainment* (A)(C)

    80,700           582  

Hankyu Hanshin Holdings (C)

    9,000           49  

Hino Motors (C)

    242,000           3,820  

Hitachi (C)

    2,517,000           19,121  

Hitachi Chemical (C)

    9,100           145  

Hitachi Construction Machinery (C)

    2,600           56  

Hitachi Metals (C)

    36,000           510  

Hokuhoku Financial Group (C)

    172,000           345  

Hokuriku Electric Power (C)

    17,900           244  

Hulic (C)

    36,700           544  

IHI (C)

    304,000           1,317  

Infocom (C)

    6,400           58  

Isetan Mitsukoshi Holdings (C)

    57,800           824  

IT Holdings (C)

    56,400           892  

Itochu (C)

    3,500           43  

Iyo Bank (C)

    33,700           331  

J Front Retailing (C)

    116,000           882  

Japan Airlines (C)

    14,300           707  

Japan Exchange Group (C)

    40,400           1,151  

Japan Real Estate Investment, Cl A (B)(C)

    18           96  

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

    25           51  

JGC (C)

    150,000           5,898  

JSR (C)

    700           14  

Kajima (C)

    30,000           113  

Kandenko (C)

    40,000           226  

Kaneka (C)

    47,000           309  

Kanematsu (C)

    158,000           261  

Kansai Paint (C)

    659,600           9,773  

Kao (C)

    4,600           145  

Kawasaki Heavy Industries (C)

    75,000           316  

KDDI (C)

    249,900           15,428  

Keyence (C)

    27,700           11,884  

Kikkoman (C)

    14,000           265  
Description   Shares        Market Value
($ Thousands)
 

Kinden (C)

    5,000         $ 52  

Kita-Nippon Bank (C)

    1,700           43  

Koito Manufacturing (C)

    21,000           402  

Kubota (C)

    5,000           83  

Kuraray (C)

    800           10  

Lawson (C)

    49,700           3,727  

M3* (C)

    119           299  

Mabuchi Motor (C)

    125,600           7,489  

Maeda Road Construction (C)

    4,000           66  

Makita (C)

    2,000           105  

Marui Group (C)

    10,200           104  

Mazda Motor* (C)

    600,000           3,115  

McDonald’s Holdings Japan (C)

    5,700           146  

Medipal Holdings (C)

    40,000           529  

Miraca Holdings (C)

    74,300           3,512  

Misawa Homes (C)

    24,600           379  

Mitsubishi Estate (C)

    26,000           780  

Mitsubishi Gas Chemical (C)

    32,000           236  

Mitsubishi Heavy Industries (C)

    13,000           81  

Mitsubishi Materials (C)

    13,000           48  

Mitsubishi Tanabe Pharma (C)

    289,800           4,050  

Mitsubishi UFJ Financial Group (C)

    15,600           104  

Mitsui Fudosan (C)

    45,000           1,626  

Mitsui OSK Lines (C)

    180,000           814  

MS&AD Insurance Group Holdings (C)

    327,700           8,825  

Murata Manufacturing (C)

    13,600           1,212  

Nabtesco (C)

    313,300           7,245  

Namco Bandai Holdings (C)

    50,300           1,119  

NEC Fielding (C)

    9,800           109  

NEC Networks & System Integration (C)

    7,200           174  

NGK Spark Plug (C)

    41,000           974  

NHK Spring (C)

    2,200           25  

Nichireki (C)

    6,289           63  

Nidec (C)

    4,700           464  

Nikon (C)

    151,200           2,895  

Nippo (C)

    24,000           400  

Nippon Building Fund, Cl A (B)(C)

    6           35  

Nippon Express (C)

    165,000           800  

Nippon Paint (C)

    4,000           67  

Nippon Telegraph & Telephone (C)

    195,000           10,523  

Nippon Telegraph & Telephone ADR

    353,432           9,557  

Nippon Yusen (C)

    77,000           247  

Nissan Tokyo Sales Holdings (C)

    20,000           87  

Nisshin Fudosan (C)

    26,400           110  

Nitori Holdings (C)

    2,500           237  

Nitto Denko (C)

    24,400           1,034  

Nomura Holdings (C)

    291,700           2,259  

Nomura Real Estate Holdings (C)

    67,100           1,515  

Nomura Research Institute (C)

    25,300           801  

North Pacific Bank (C)

    304,600           1,243  

NSK (C)

    14,000           175  

NTT Data (C)

    13,900           515  

NTT DOCOMO (C)

    99,000           1,633  

Oita Bank (C)

    16,000           59  

Oji Holdings (C)

    50,000           257  

Olympus* (C)

    15,700           499  
 

 

4    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Equity Fund

December 31, 2013

 

Description   Shares        Market Value
($ Thousands)
 

Omron (C)

    18,900         $ 837  

Ono Pharmaceutical (C)

    500           44  

Oriental Land (C)

    3,500           506  

Otsuka (C)

    1,100           141  

Otsuka Holdings (C)

    75,300           2,178  

Panasonic (C)

    438,200           5,118  

Rakuten (C)

    42,200           631  

Resona Holdings (C)

    87,500           447  

Ricoh (C)

    37,000           394  

Rohm (C)

    133,900           6,544  

Sanrio (A)(C)

    106,800           4,506  

Santen Pharmaceutical (C)

    80,200           3,744  

Secom (C)

    1,000           60  

Sega Sammy Holdings (C)

    800           20  

Seino Holdings (C)

    124,000           1,307  

Sekisui Chemical (C)

    775,000           9,529  

Sekisui House (C)

    423,200           5,933  

Sekisui Jushi (C)

    5,000           71  

Seven & I Holdings (C)

    345,200           13,771  

Shimamura (C)

    2,800           263  

Shimano (C)

    2,800           241  

Shimizu (C)

    38,000           192  

Shindengen Electric Manufacturing* (C)

    19,000           116  

Shin-Etsu Chemical (C)

    176,800           10,361  

Shionogi (C)

    10,000           218  

Shiseido (C)

    446,900           7,201  

Showa (C)

    39,300           635  

Showa Shell Sekiyu (A)(C)

    51,100           520  

SKY Perfect JSAT Holdings (C)

    19,600           106  

SMC (C)

    84,500           21,368  

SoftBank (C)

    94,300           8,291  

Sojitz (C)

    370,700           661  

Sony (C)

    59,700           1,031  

SRA Holdings (C)

    4,000           49  

Stanley Electric (C)

    22,000           505  

Sugi Holdings (C)

    92,100           3,749  

Sumitomo Forestry (C)

    15,700           183  

Sumitomo Heavy Industries (C)

    8,000           37  

Sumitomo Mitsui Financial Group (C)

    433,000           22,561  

Sumitomo Mitsui Trust Holdings (C)

    1,582,220           8,388  

Sumitomo Realty & Development (C)

    40,000           1,997  

Sumitomo Rubber Industries (C)

    10,400           148  

Suntory Beverage & Food (C)

    1,700           54  

Suruga Bank (C)

    10,000           180  

Suzuken (C)

    26,400           857  

Suzuki Motor (C)

    310,400           8,381  

Sysmex (C)

    14,200           840  

Taiheiyo Cement (C)

    336,000           1,295  

Taisei (C)

    186,000           848  

Taiyo Nippon Sanso (C)

    8,000           57  

Takashimaya (C)

    47,000           470  

Terumo (C)

    3,000           145  

Toho Holdings (C)

    45,100           725  

Tokai (C)

    2,800           82  

Tokyo Electron (C)

    12,100           668  

Tokyo Tatemono (A)(C)

    97,000           1,081  

Tokyu (C)

    103,000           669  

Tokyu Fudosan Holdings

    71,300           672  
Description   Shares        Market Value
($ Thousands)
 

Toppan Printing (C)

    39,000         $ 313  

Toshiba (C)

    46,000           194  

TOTO (C)

    58,000           922  

Toyo Seikan Group Holdings (C)

    5,900           127  

Toyo Suisan Kaisha (C)

    20,000           602  

Toyoda Gosei (C)

    7,800           182  

Toyota Industries (C)

    12,700           575  

Toyota Motor (C)

    354,200           21,640  

Toyota Motor ADR

    40,598           4,950  

Toyota Tsusho (C)

    16,000           398  

Tsumura (C)

    100           3  

United Urban Investment (B)(C)

    76           109  

Wacoal Holdings (C)

    470,704           4,802  

Warabeya Nichiyo (C)

    13,300           241  

Watabe Wedding (C)

    6,395           40  

Yahoo Japan (C)

    128,100           716  

Yamaha (C)

    21,700           346  

Yamaha Motor (C)

    36,200           545  

Yamato Holdings (C)

    67,100           1,360  

Yaskawa Electric (C)

    44,000           699  

Yellow Hat (C)

    12,500           223  

Yokogawa Electric (C)

    16,600           256  

Yokohama Rubber (C)

    2,000           20  

Yuasa Trading (C)

    38,000           78  
      

 

 

 
         442,219  
      

 

 

 

Malta — 0.0%

      

BGP Holdings*

    198,683            
      

 

 

 

Mexico — 0.3%

      

America Movil ADR, Ser L

    96,191           2,248  

Grupo Financiero Banorte, Cl O

    597,448           4,168  

Industrias Bachoco ADR

    1,349           54  
      

 

 

 
         6,470  
      

 

 

 

Netherlands — 6.6%

      

Aegon

    772,614           7,305  

Airbus Group

    94,037           7,232  

Akzo Nobel

    337,019           26,164  

ASML Holding

    90,721           8,505  

Delta Lloyd

    11,845           294  

Fugro

    1,472           88  

Gemalto

    7,229           797  

Heineken Holding

    12,825           813  

ING Groep*

    696,333           9,691  

James Hardie Industries

    2,498           29  

Koninklijke Ahold

    568,077           10,215  

Koninklijke DSM

    56,318           4,436  

Koninklijke Philips

    23,400           859  

PostNL*

    913,404           5,223  

Randstad Holding

    16,170           1,051  

Reed Elsevier

    883,952           18,758  

Royal Dutch Shell, Cl A (A)

    776,283           27,752  

Royal Dutch Shell ADR, Cl B

    116,152           8,724  

STMicroelectronics

    26,046           210  

TNT Express

    644,486           5,993  

Unilever

    450,203           18,161  

Wolters Kluwer

    230,446           6,587  

Ziggo

    2,997           137  
      

 

 

 
         169,024  
      

 

 

 

New Zealand — 0.0%

      

Contact Energy

    6,594           28  

Fletcher Building (A)

    87,162           610  
      

 

 

 
 

 

5    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Equity Fund

December 31, 2013

 

Description   Shares        Market Value
($ Thousands)
 
       $ 638  
      

 

 

 

Norway — 1.2%

      

DnB (C)

    1,056,890           18,964  

Gjensidige Forsikring (C)

    4,107           79  

Seadrill (C)

    26,606           1,090  

Statoil (C)

    459,249           11,165  
      

 

 

 
         31,298  
      

 

 

 

Poland — 0.0%

      

Tauron Polska Energia (C)

    59,269           86  
      

 

 

 

Portugal — 0.0%

      

Energias de Portugal

    215,810           794  

Galp Energia, Cl B

    4,132           68  

Jeronimo Martins (A)

    1,321           26  

Portucel

    16,095           64  

Sonae SGPS*

    109,053           158  
      

 

 

 
         1,110  
      

 

 

 

Puerto Rico — 0.0%

      

Triple-S Management, Cl B*

    7,516           146  
      

 

 

 

Russia — 0.7%

      

Gazprom ADR

    716,373           6,140  

Sberbank of Russia ADR

    824,621           10,365  

Surgutneftegas ADR

    8,414           73  
      

 

 

 
         16,578  
      

 

 

 

Singapore — 1.1%

      

Breadtalk Group

    32,000           23  

CapitaCommercial Trust (B)

    88,000           101  

CapitaLand

    186,000           446  

Chip Eng Seng

    112,000           64  

ComfortDelgro

    112,000           178  

DBS Group Holdings

    951,000           12,880  

Keppel

    80,110           710  

Keppel Land

    18,000           48  

Sembcorp Industries

    969,000           4,213  

Sembcorp Marine (A)

    1,294,000           4,561  

Singapore Technologies Engineering

    320,000           1,004  

Singapore Telecommunications

    35,000           101  

STATS ChipPAC* (A)

    236,000           62  

United Overseas Bank

    207,600           3,492  

UOL Group

    29,000           142  
      

 

 

 
         28,025  
      

 

 

 

South Africa — 0.0%

      

Net 1 UEPS Technologies*

    20,521           179  
      

 

 

 

South Korea — 1.8%

      

KB Financial Group ADR

    132,141           5,353  

Korea Electric Power* (C)

    184,270           6,086  

KT&G (C)

    114,702           8,101  

Meritz Financial Group (C)

    22,180           143  

Samsung Electronics (C)

    10,508           13,692  

SK Telecom (C)

    20,917           4,577  

SK Telecom ADR (A)

    311,515           7,670  
      

 

 

 
         45,622  
      

 

 

 

Spain — 1.2%

      

Abertis Infraestructuras

    8,082           180  

ACS Actividades de Construccion y Servicios

    29,575           1,020  

Amadeus IT Holding, Cl A (A)

    81,259           3,483  
Description   Shares        Market Value
($ Thousands)
 

Banco Bilbao Vizcaya Argentaria

    1,020,721         $ 12,585  

Distribuidora Internacional de Alimentacion

    110,777           992  

Enagas (A)

    40,638           1,064  

Endesa

    8,158           262  

Ferrovial

    84,523           1,638  

Gas Natural (A)

    53,384           1,375  

Grifols

    25,702           1,231  

Iberdrola

    18,269           117  

Inditex (A)

    1,541           254  

Mapfre

    20,010           86  

Red Electrica

    742           49  

Repsol

    1,657           42  

Tecnicas Reunidas (A)

    116,473           6,337  

Zardoya Otis (A)

    13,225           240  
      

 

 

 
         30,955  
      

 

 

 

Sweden — 2.5%

      

Assa Abloy, Cl B (C)

    19,128           1,014  

Electrolux, Cl B (C)

    4,257           111  

Elekta, Cl B (C)

    213,440           3,271  

Getinge, Cl B (C)

    4,717           162  

Hexagon, Cl B (C)

    5,607           178  

Holmen, Cl B (C)

    1,832           67  

Industrivarden, Cl C (C)

    19,535           372  

Investor, Cl B (C)

    19,094           659  

Kinnevik Investment, Cl B (C)

    20,404           947  

NCC, Cl B (C)

    13,500           442  

Nordea Bank (C)

    1,200,200           16,205  

Securitas, Cl B (C)

    11,579           123  

Skandinaviska Enskilda Banken, Cl A (C)

    970,838           12,844  

SKF, Cl B (C)

    2,850           75  

Svenska Cellulosa, Cl B (C)

    223,048           6,881  

Svenska Handelsbanken, Cl A (C)

    23,125           1,139  

Swedbank, Cl A (C)

    214,981           6,065  

Swedish Match (C)

    2,939           95  

Tele2, Cl B (C)

    3,810           43  

Telefonaktiebolaget LM Ericsson, Cl B (C)

    523,493           6,401  

Telefonaktiebolaget LM Ericsson ADR

    595,657           7,291  
      

 

 

 
         64,385  
      

 

 

 

Switzerland — 9.2%

      

ABB (C)

    219,860           5,831  

Actelion (C)

    10,216           869  

Adecco (C)

    3,621           288  

Aryzta (C)

    913           70  

Autoneum Holding (C)

    609           94  

Baloise Holding (C)

    10,715           1,370  

Credit Suisse Group (C)

    298,930           9,254  

EMS-Chemie Holding (C)

    1,806           646  

Geberit (C)

    1,459           444  

Georg Fischer (C)

    646           456  

Givaudan (C)

    13,748           19,727  

Holcim (C)

    350           26  

Julius Baer Group* (C)

    78,011           3,760  

Kuehne & Nagel International (C)

    1,557           205  

Lindt & Spruengli

    104           818  

Lonza Group (C)

    13,075           1,246  

Nestle (C)

    214,779           15,789  

Novartis (C)

    311,898           25,074  

OC Oerlikon (C)

    157,324           2,364  
 

 

6    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Equity Fund

December 31, 2013

 

Description   Shares        Market Value
($ Thousands)
 

Pargesa Holding (C)

    1,646         $ 133  

Partners Group Holding (C)

    23,682           6,329  

Roche Holding (C)

    162,504           45,660  

Schindler Holding

    725           107  

SGS (C)

    4,841           11,179  

Siegfried Holding

    717           130  

Sika (C)

    3,004           10,737  

Sonova Holding (C)

    31,195           4,219  

Sulzer (C)

    40,629           6,585  

Swatch Group Registered (C)

    217           25  

Swiss Life Holding (C)

    18,344           3,825  

Swiss Re (C)

    55,420           5,125  

Swisscom (C)

    47           25  

Syngenta (C)

    18,133           7,252  

UBS

    493,484           9,500  

UBS Registered (C)

    876,975           16,843  

Weatherford International*

    285,459           4,422  

Zurich Insurance Group (C)

    50,371           14,655  
      

 

 

 
         235,082  
      

 

 

 

Taiwan — 0.0%

      

United Microelectronics ADR

    398,752           813  
      

 

 

 

United Arab Emirates — 0.1%

      

Dragon Oil

    238,205           2,239  
      

 

 

 

United Kingdom — 16.3%

      

3i Group

    237,261           1,513  

Aberdeen Asset Management

    18,511           153  

Admiral Group

    8,771           190  

Afren*

    1,816,275           5,090  

Amlin

    1,120,309           8,515  

Aon

    72,800           6,107  

ARM Holdings

    5,630           103  

Associated British Foods

    186,174           7,539  

AstraZeneca

    243,122           14,394  

Aviva*

    1,237,892           9,220  

Babcock International Group

    34,370           771  

BAE Systems

    145,545           1,049  

Balfour Beatty

    941,477           4,474  

Barclays

    4,716,430           21,244  

Barratt Developments

    47,254           273  

Berendsen

    36,341           564  

BG Group

    928,812           19,960  

BHP Billiton

    286,272           8,862  

BP

    357,219           2,888  

BP ADR

    84,383           4,102  

British American Tobacco

    323,127           17,329  

BT Group, Cl A

    1,447,568           9,096  

Bunzl

    403,567           9,692  

Burberry Group

    1,735           44  

Capita

    437,439           7,520  

Carnival

    132,445           5,486  

Catlin Group

    678,664           6,525  

Centrica

    159,792           920  

Cobham

    157,467           716  

Compass Group

    84,082           1,348  

Dairy Crest Group

    16,069           144  

Diageo

    373,640           12,377  

easyJet

    33,529           853  

EnQuest*

    47,528           106  

GKN

    62,950           389  

GlaxoSmithKline

    269,242           7,186  
Description   Shares        Market Value
($ Thousands)
 

Hammerson (B)

    3,169         $ 26  

Hargreaves Lansdown

    12,079           271  

Hikma Pharmaceuticals

    24,494           487  

Home Retail Group

    2,232,947           7,097  

HSBC Holdings

    2,421,415           26,435  

ICAP

    403,915           3,021  

IMI

    17,223           435  

Inmarsat

    38,652           484  

InterContinental Hotels Group

    20,499           683  

International Consolidated Airlines Group*

    1,490,063           9,910  

Intertek Group

    29,017           1,513  

Invensys

    94,760           798  

ITV

    709,381           2,279  

J Sainsbury

    51,244           310  

Johnson Matthey

    42,459           2,307  

Keller Group

    5,152           98  

Kingfisher

    182,911           1,165  

Land Securities Group (B)

    7,313           117  

Legal & General Group

    644,926           2,379  

Lloyds Banking Group*

    10,097,525           13,192  

London Stock Exchange Group

    11,926           342  

Marks & Spencer Group

    16,032           115  

Meggitt

    104,977           917  

Michael Page International

    679,442           5,492  

Micro Focus International

    18,642           237  

Mondi

    107,590           1,864  

National Grid

    3,487           46  

Next

    37,939           3,425  

Old Mutual

    83,960           263  

Pearson

    4,466           99  

Persimmon*

    54,974           1,128  

Premier Oil

    869,520           4,516  

Prudential

    500,860           11,116  

QinetiQ Group

    261,900           941  

Reckitt Benckiser Group

    7,411           588  

Reed Elsevier

    684,390           10,190  

Rexam

    803,361           7,059  

Rio Tinto

    88,496           4,997  

Rolls-Royce Holdings

    295,139           6,233  

Royal Bank of Scotland Group*

    14,103           79  

SABMiller

    146,036           7,501  

Sage Group

    11,579           77  

Schroders

    25,800           1,110  

Segro (B)

    43,220           239  

Shire

    226,609           10,704  

Smiths Group

    1,009           25  

SSE

    7,023           159  

Standard Life

    435,820           2,596  

Synthomer

    47,167           199  

Tate & Lyle

    17,452           234  

Tesco

    2,558,268           14,167  

Travis Perkins

    122,400           3,795  

TUI Travel

    38,398           263  

Tullow Oil

    252,880           3,581  

Unilever

    1,180           49  

Vodafone Group

    7,768,347           30,493  

Weir Group

    930           33  

Whitbread

    23,720           1,474  

William Hill

    142,480           948  

WM Morrison Supermarkets

    29,273           127  

Wolseley

    33,586           1,905  
 

 

7    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Equity Fund

December 31, 2013

 

Description  

Shares/Face Amount

($ Thousands)

       Market Value
($ Thousands)
 

WPP

    377,320         $ 8,624  

Xchanging

    57,394           146  
      

 

 

 
         417,845  
      

 

 

 

United States — 1.1%

      

Affymetrix*

    13,397           115  

Alliance HealthCare Services*

    7,648           189  

Alon USA Energy

    28,918           478  

American Pacific*

    4,682           174  

Axis Capital Holdings

    133,121           6,333  

Capella Education

    1,346           89  

Cascade Microtech*

    6,858           64  

Century Casinos*

    15,165           79  

Computer Sciences

    65,542           3,662  

Cross Country Healthcare*

    4,076           41  

Evolving Systems

    5,293           52  

FBR*

    2,328           61  

Kirkland’s*

    4,485           106  

Manning & Napier, Cl A

    4,985           88  

Manpowergroup

    60,399           5,186  

Nielsen Holdings

    114,700           5,264  

NN

    18,207           368  

Northrop Grumman

    22,436           2,571  

Orchids Paper Products

    1,601           53  

PharMerica*

    10,986           236  

Providence Service*

    2,445           63  

Provident Financial Holdings

    5,496           82  

Renewable Energy Group*

    28,868           331  

Repligen*

    5,809           79  

Republic Airways Holdings*

    26,872           287  

RPX*

    10,803           183  

Skullcandy*

    41,402           299  

Warren Resources*

    61,957           195  

Xerium Technologies*

    8,322           137  
      

 

 

 
         26,865  
      

 

 

 

Total Common Stock
(Cost $2,002,989) ($ Thousands)

         2,390,799  
      

 

 

 

PREFERRED STOCK — 0.8%

      

Germany — 0.8%

      

Bayerische Motoren Werke (C)

    11,994           1,027  

Draegerwerk (C)

    2,624           344  

Fuchs Petrolub (C)

    1,622           159  

Henkel (C)

    89,081           10,371  

Porsche (C)

    3,089           323  

ProSiebenSat.1 Media (C)

    28,561           1,420  

Sto (C)

    314           60  

Volkswagen (C)

    27,954           7,880  
      

 

 

 

Total Preferred Stock
(Cost $16,951) ($ Thousands)

         21,584  
      

 

 

 

U.S. TREASURY OBLIGATIONS (E)(F) — 0.3%

  

    

U.S. Treasury Bills

      

0.051%, 02/06/2014

  $ 3,856          3,856  

0.040%, 01/09/2014

    4,516          4,516  
      

 

 

 

Total U.S. Treasury Obligations
(Cost $8,372) ($ Thousands)

         8,372  
      

 

 

 
Description  

Shares

       Market Value
($ Thousands)
 
     Number of
Rights
           

RIGHTS — 0.0%

      

Hong Kong — 0.0%

      

New World Hotel Investment ††

    6        $  —  
      

 

 

 

Total Rights
(Cost $—) ($ Thousands)

          
      

 

 

 

AFFILIATED PARTNERSHIP — 2.6%

  

    

SEI Liquidity Fund, L.P.

      

0.070% †** (G)

    66,006,629          66,007  
      

 

 

 

Total Affiliated Partnership
(Cost $66,007) ($ Thousands)

         66,007  
      

 

 

 

CASH EQUIVALENT — 2.8%

  

    

SEI Daily Income Trust, Prime Obligation Fund, Cl A

      

0.010% †**

    70,702,889          70,703  
      

 

 

 

Total Cash Equivalent
(Cost $70,703) ($ Thousands)

         70,703  
      

 

 

 

Total Investments — 99.9%
(Cost $2,165,022) ($ Thousands)§

       $ 2,557,465  
      

 

 

 

A list of the open futures contracts held by the Fund at December 31, 2013, is as follows:

 

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

DJ Euro Stoxx 50 Index

       649           Mar-2014         $ 1,318   

FTSE 100 Index

       213           Mar-2014           818   

Hang Seng Index

       28           Jan-2014           75   

SPI 200 Index

       67           Mar-2014           353   

Topix Index

       151           Mar-2014           1,126   
              

 

 

 
               $ 3,690   
              

 

 

 

For the period ended December 31, 2013, 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.

Percentages are based on a Net Assets of $2,560,599 ($ Thousands).

 

*   Non-income producing security.

 

**   Rate shown is the 7-day effective yield as of December 31, 2013.

 

  Investment in Affiliated Security.

 

††   Expiration date is unavailable.

 

(A)   This security or a partial position of this security is on loan at December 31, 2013. The total market value of securities on loan at December 31, 2013 was $62,180 ($ Thousands).

 

(B)   Real Estate Investment Trust.

 

(C)   Security fair valued using methods determined in good faith by the Valuation Committee of the Board of Trustees. The total market value of such securities as of December 31, 2013 was $1,049,607 ($ Thousands) and represented 41.0% of Net Assets.

 

(D)   Securities considered illiquid. The total market value of such securities as of December 31, 2013 was $0 ($ Thousands) and represented 0.0% of Net Assets.

 

(E)   Security, or portion thereof, has been pledged as collateral on open futures contracts.

 

(F)   The rate reported is the effective yield at time of purchase.

 

(G)   This security was purchased with cash collateral held from securities on loan. The total value of such securities as of December 31, 2013 was $66,007 ($ Thousands).
 

 

8    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Equity Fund

December 31, 2013

 

 

§   At December 31, 2013, the tax basis cost of the Fund’s investments was $2,165,022 ($ Thousands), and the unrealized appreciation and depreciation were $444,195 ($ Thousands) and ($51,752) ($ Thousands), respectively.

ADR — American Depositary Receipt

Cl — Class

DJ — Dow Jones

FTSE — Financial Times and the London Stock Exchange

L.P. — Limited Partnership

Ser — Series

SPI — Share Price Index

The following is a list of the level of inputs used as of December 31, 2013, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

 

Investments in Securities   Level 1     Level 2     Level 3     Total  

Common Stock

    $1,342,771       $1,048,028       $—       $2,390,799  

Preferred Stock

    20,005       1,579             21,584  

Rights

                       

U.S. Treasury Obligations

          8,372             8,372  

Cash Equivalent

    70,703                   70,703  

Affiliated Partnership

          66,007             66,007  
 

 

 

   

 

 

   

 

 

   

 

 

 

Total Investments in Securities

    $1,433,479       $1,123,986       $—       $2,557,465  
 

 

 

   

 

 

   

 

 

   

 

 

 

 

Other Financial Instruments   Level 1     Level 2     Level 3     Total  

Futures Contracts*

       

Unrealized Appreciation

  $ 3,690     $     $     $ 3,690  
 

 

 

   

 

 

   

 

 

   

 

 

 

 

*   Futures contracts are valued at the unrealized appreciation on the instrument.

For the period ended December 31, 2013, there were transfers between Level 1 and Level 2 assets and liabilities. The primary reason for changes in the classifications between Levels 1 and 2 occurs when foreign equity securities are fair valued using other observable market-based inputs in place of the closing exchange price due to events occurring after the close of the exchange or market on which the investment is principally traded.

For the period ended December 31, 2013, there were no transfers from Level 2 into Level 3 assets and liabilities.

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

For information on 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 / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

December 31, 2013

 

Description   Shares       

Market Value

($ Thousands)

 

COMMON STOCK — 89.7%

      

Argentina — 0.4%

      

Arcos Dorados Holdings, Cl A

    271,900         $ 3,296  

Tenaris ADR

    40,151           1,754  

YPF ADR

    50,800           1,674  
      

 

 

 
         6,724  
      

 

 

 

Austria — 0.2%

      

Erste Group Bank (A)

    42,700           1,491  

IMMOFINANZ (A)

    235,908           1,095  

UNIQA Insurance Group (A)

    78,487           1,006  
      

 

 

 
         3,592  
      

 

 

 

Belgium — 0.1%

      

KBC Groep*

    24,524           1,394  
      

 

 

 

Brazil — 8.2%

      

ALL - America Latina Logistica

    394,961           1,098  

AMBEV

    449,700           3,301  

AMBEV ADR

    812,090           5,969  

Arteris

    44,900           363  

B2W Cia Digital*

    362,800           2,348  

Banco Bradesco ADR

    412,896           5,174  

Banco do Brasil

    478,880           4,953  

Banco Santander Brasil ADR

    374,415           2,284  

BM&FBovespa

    623,917           2,925  

BR Malls Participacoes

    441,600           3,191  

BR Properties

    279,800           2,206  

Brasil Insurance Participacoes e Administracao

    328,000           2,537  

Braskem ADR*

    210,542           3,758  

BRF ADR

    202,375           4,224  

Cia Hering

    43,600           553  

Cia Paranaense de Energia ADR (B)

    14,934           196  

Cielo

    58,820           1,637  

Cyrela Brazil Realty Empreendimentos e Participacoes

    1,185,467           7,236  

EcoRodovias Infraestrutura e Logistica

    238,200           1,494  

EDP - Energias do Brasil

    410,400           1,974  

Estacio Participacoes

    665,700           5,759  

Even Construtora e Incorporadora

    456,300           1,576  

Fibria Celulose ADR* (B)

    331,985           3,878  

Gerdau ADR

    641,526           5,030  

Gol Linhas Aereas Inteligentes ADR* (B)

    340,245           1,555  

Grendene

    32,600           250  

Helbor Empreendimentos

    127,613           422  

Hypermarcas

    601,460           4,500  

International Meal Holdings*

    99,400           769  

JBS

    627,100           2,331  

Kroton Educacional

    121,862           2,028  

Localiza Rent a Car

    141,432           1,995  

Lojas Renner

    51,900           1,342  

Mahle-Metal Leve Industria e Comercio

    22,600           262  

MRV Engenharia e Participacoes

    174,900           625  

Petroleo Brasileiro*

    103,622           702  

Petroleo Brasileiro ADR*

    457,265           6,301  

Porto Seguro

    47,100           594  

Qualicorp*

    314,700           3,001  

Santos Brasil Participacoes

    74,220           596  
Description   Shares        Market Value
($ Thousands)
 

Sao Martinho

    17,200         $ 209  

Souza Cruz

    42,200           431  

Sul America

    109,682           688  

Telefonica Brasil ADR

    126,700           2,435  

Tim Participacoes

    143,400           749  

Tim Participacoes ADR

    502,600           13,188  

Totvs

    325,069           5,093  

Ultrapar Participacoes

    15,600           370  

Vale

    56,186           850  

Vale ADR, Cl B (B)

    488,361           7,447  

Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao S.A

    116,200           1,586  

Via Varejo*

    201,100           2,144  
      

 

 

 
         136,127  
      

 

 

 

Canada — 0.9%

      

Africa Oil*

    207,644           1,804  

Alamos Gold

    194,300           2,353  

Pacific Rubiales Energy

    587,776           10,146  

SEMAFO*

    477,660           1,254  
      

 

 

 
         15,557  
      

 

 

 

Chile — 0.7%

      

Banco de Chile

    8,149,458           1,183  

Banco Santander Chile

    73,907,544           4,284  

Cia Cervecerias Unidas ADR

    94,891           2,288  

SACI Falabella

    110,300           989  

Sociedad Quimica y Minera de Chile ADR

    97,700           2,529  
      

 

 

 
         11,273  
      

 

 

 

China — 13.8%

      

AAC Technologies Holdings

    1,396,480           6,781  

Agricultural Bank of China

    23,961,732           11,774  

ANTA Sports Products (B)

    2,480,000           3,071  

Anton Oilfield Services Group (B)

    1,488,000           906  

Baidu ADR*

    147,464           26,231  

Bank of China

    21,840,105           10,056  

BYD Electronic International*

    695,000           404  

Changyou.com ADR* (B)

    84,400           2,705  

China BlueChemical (B)

    1,428,000           893  

China CITIC Bank

    1,486,000           807  

China Communications Services (B)

    1,192,000           738  

China Construction Bank

    21,960,993           16,569  

China Lesso Group Holdings

    3,326,300           2,317  

China Life Insurance

    197,000           616  

China Merchants Bank (B)

    1,978,576           4,216  

China National Materials

    9,461,438           2,038  

China Pacific Insurance Group (B)

    149,000           584  

China Petroleum & Chemical

    5,907,839           4,823  

China Petroleum & Chemical ADR

    24,400           2,005  

China Shenhua Energy

    576,500           1,818  

China Telecom

    7,388,000           3,735  

China Vanke, Cl B

    3,062,574           4,779  

China Wireless Technologies

    3,740,000           1,225  

Chongqing Rural Commercial Bank

    2,726,612           1,322  

CITIC Securities (B)

    610,500           1,665  

Country Garden Holdings (B)

    2,742,305           1,655  

First Tractor

    2,742,000           2,150  

Fosun International* (B)

    802,500           797  

Giant Interactive Group ADR

    242,600           2,727  

Great Wall Motor

    188,000           1,038  

Guangzhou R&F Properties

    1,168,400           1,709  
 

 

10    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

December 31, 2013

 

Description   Shares       

Market Value

($ Thousands)

 

Industrial & Commercial Bank of China

    28,315,168         $ 19,135  

Jiangsu Expressway (B)

    1,398,000           1,718  

Jiangxi Copper

    1,015,000           1,833  

KWG Property Holding (B)

    1,737,370           963  

Mindray Medical International ADR (B)

    56,254           2,045  

NetEase ADR*

    13,025           1,024  

New Oriental Education & Technology Group ADR*

    198,300           6,246  

PetroChina ADR

    36,471           4,002  

PICC Property & Casualty

    1,775,800           2,634  

Ping An Insurance Group of China

    1,020,000           9,136  

Prince Frog International Holdings

    7,352,100           3,025  

SINA*

    66,311           5,587  

Sinopec Engineering Group (B)

    2,625,800           3,928  

SOHO China (B)

    2,830,028           2,438  

Sohu.com*

    84,200           6,141  

Tencent Holdings

    184,447           11,766  

Tingyi Cayman Islands Holding (B)

    1,184,000           3,420  

Tsingtao Brewery

    436,000           3,686  

Uni-President China Holdings (B)

    1,801,000           1,835  

Weichai Power (B)

    288,000           1,161  

WuXi PharmaTech Cayman ADR*

    70,313           2,699  

Zhejiang Expressway

    3,270,000           3,091  

Zhuzhou CSR Times Electric

    2,992,400           10,767  
      

 

 

 
         230,434  
      

 

 

 

Colombia — 0.4%

      

Almacenes Exito

    22,483           349  

Bancolombia ADR, Cl R

    69,200           3,392  

Cementos Argos

    138,371           702  

Ecopetrol

    811,129           1,553  

Grupo Nutresa

    17,719           243  
      

 

 

 
         6,239  
      

 

 

 

Czech Republic — 0.4%

      

CEZ (A)

    102,284           2,667  

Komercni Banka (A)

    19,083           4,256  
      

 

 

 
         6,923  
      

 

 

 

Denmark — 0.1%

      

Carlsberg, Cl B (A)

    12,114           1,343  
      

 

 

 

Egypt — 0.0%

      

Commercial International Bank Egypt GDR

    134,789           605  
      

 

 

 

Hong Kong — 7.1%

      

Anxin-China Holdings

    1,212,000           385  

Bolina Holding (B)

    4,187,300           1,798  

Chaoda Modern Agriculture* (C)

    2,056,181            

China Everbright International

    5,728,300           7,668  

China High Precision Automation Group* (C)

    1,385,624           222  

China Medical System Holdings

    2,298,500           2,457  

China Mengniu Dairy

    1,818,915           8,633  

China Minsheng Banking, Cl H

    951,500           1,057  

China Mobile

    1,880,045           19,495  

China Mobile ADR

    59,740           3,124  

China Modern Dairy Holdings*

    1,429,000           774  

China Power International Development

    1,229,000           437  
Description   Shares       

Market Value

($ Thousands)

 

China State Construction International Holdings

    5,429,284         $ 9,733  

China Taiping Insurance Holdings*

    951,800           1,944  

China Unicom Hong Kong ADR

    153,690           2,315  

CNOOC

    3,829,407           7,122  

CNOOC ADR

    16,410           3,079  

COSCO Pacific

    5,275           7  

Far East Horizon

    596,000           510  

Geely Automobile Holdings (B)

    4,370,000           2,113  

GOME Electrical Appliances Holding

    9,371,000           1,728  

Guangdong Investment (B)

    1,098,000           1,073  

Haier Electronics Group

    2,166,000           6,285  

Hilong Holding

    1,266,938           1,085  

Samsonite International

    707,452           2,153  

Sands China

    1,076,100           8,792  

Shanghai Industrial Holdings

    107,000           391  

Shenzhen Investment

    960,000           362  

Shougang Fushan Resources Group (B)

    2,760,000           968  

Sino Biopharmaceutical

    3,276,000           2,598  

SJM Holdings

    816,405           2,738  

Sunac China Holdings (B)

    708,000           425  

Sunny Optical Technology Group (B)

    4,520,507           4,396  

Techtronic Industries (B)

    2,409,500           6,837  

Xinyi Glass Holdings

    2,444,944           2,157  

Xinyi Solar Holdings*

    2,444,944           505  

Zoomlion Heavy Industry Science and Technology

    3,484,260           3,253  
      

 

 

 
         118,619  
      

 

 

 

Hungary — 0.1%

      

OTP Bank (A)

    31,276           595  

Richter Gedeon Nyrt (A)

    59,370           1,210  
      

 

 

 
         1,805  
      

 

 

 

India — 6.6%

      

Asian Paints

    310,000           2,456  

Aurobindo Pharma

    790,513           5,020  

Axis Bank

    161,205           3,387  

Bank of Baroda

    163,535           1,707  

Biocon

    96,261           720  

Cairn India

    2,581,497           13,512  

Crompton Greaves

    593,019           1,234  

Cummins India

    387,365           3,001  

Dabur India

    1,389,959           3,828  

Dena Bank

    141,420           139  

Glenmark Pharmaceuticals

    237,270           2,048  

Godrej Consumer Products

    187,403           2,599  

HCL Technologies

    132,682           2,708  

HDFC Bank ADR

    146,218           5,036  

Hexaware Technologies

    296,384           631  

Housing Development Finance

    64,749           832  

ICICI Bank ADR

    290,554           10,800  

Idea Cellular

    513,657           1,386  

Indiabulls Housing Finance

    215,603           831  

Infosys ADR

    22,797           1,290  

ITC

    591,773           3,079  

Larsen & Toubro

    192,742           3,335  

Mahindra & Mahindra GDR

    149,848           2,287  

Maruti Udyog

    79,159           2,257  

Oil & Natural Gas

    455,516           2,128  

Oil India

    59,070           466  

Power Grid Corp of India

    128,019           207  

Reliance Industries

    54,481           788  
 

 

11    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

December 31, 2013

 

Description   Shares       

Market Value

($ Thousands)

 

Reliance Industries GDR (D)

    354,711         $ 10,300  

Rural Electrification

    470,890           1,679  

Shriram Transport Finance

    399,981           4,349  

Syndicate Bank

    165,516           253  

Tata Consultancy Services

    17,686           621  

Tata Global Beverages

    1,087,520           2,821  

Tata Motors ADR

    159,800           4,922  

UPL

    493,884           1,581  

Wipro ADR (B)

    142,168           1,790  

WNS Holdings ADR*

    11,629           255  

Yes Bank

    432,700           2,590  

Zee Entertainment Enterprises

    294,755           1,318  
      

 

 

 
         110,191  
      

 

 

 

Indonesia — 1.1%

      

AKR Corporindo (A)

    4,840,500           1,744  

Bank Bukopin (A)

    5,292,948           270  

Bank Rakyat Indonesia Persero (A)

    9,196,951           5,497  

Kalbe Farma (A)

    6,448,000           664  

Perusahaan Gas Negara Persero (A)

    3,262,500           1,203  

Semen Indonesia Persero (A)

    1,676,500           1,955  

Surya Semesta Internusa (A)

    2,847,000           132  

Tambang Batubara Bukit Asam (A)

    2,020,500           1,697  

Telekomunikasi Indonesia Persero (A)

    26,996,580           4,778  

United Tractors (A)

    665,681           1,042  
      

 

 

 
         18,982  
      

 

 

 

Ireland — 0.1%

      

Kenmare Resources*

    3,618,498           1,247  
      

 

 

 

Israel — 0.7%

      

Check Point Software Technologies*

    27,342           1,764  

Teva Pharmaceutical Industries ADR

    250,800           10,052  
      

 

 

 
         11,816  
      

 

 

 

Malaysia — 2.2%

      

Affin Holdings

    96,100           122  

Alliance Financial Group

    1,057,900           1,537  

AMMB Holdings

    872,000           1,927  

Axiata Group

    2,088,836           4,400  

Berjaya Sports Toto

    220,201           272  

British American Tobacco Malaysia

    41,451           812  

Bursa Malaysia

    214,300           539  

Genting Malaysia

    291,956           390  

Hong Leong Financial Group

    56,400           267  

IOI

    513,100           738  

IOI Properties Group Sdn*

    171,033           163  

Kulim Malaysia*

    245,800           258  

Malayan Banking

    2,147,800           6,518  

Malaysia Building Society

    671,427           453  

Media Prima

    589,247           471  

Parkson Holdings

    468,318           393  

Petronas Chemicals Group

    1,786,900           3,775  

Sapurakencana Petroleum*

    1,650,600           2,469  

Telekom Malaysia

    360,876           612  

Tenaga Nasional

    428,700           1,489  

Top Glove

    1,993,028           3,426  

UEM Sunrise

    3,492,395           2,516  

UMW Holdings

    798,983           2,942  
      

 

 

 
         36,489  
      

 

 

 

Mexico — 5.3%

      

Alfa, Cl A

    282,800           791  
Description   Shares       

Market Value

($ Thousands)

 

America Movil, Ser L

    2,114,974         $ 2,458  

America Movil ADR, Ser L

    158,575           3,706  

Arca Continental

    479,800           2,991  

Cemex ADR*

    446,457           5,282  

Controladora Comercial Mexicana

    109,200           466  

Empresas ICA ADR* (B)

    237,380           2,006  

Fibra Uno Administracion (E)

    822,000           2,625  

Fomento Economico Mexicano ADR

    70,501           6,900  

Genomma Lab Internacional, Cl B* (B)

    4,651,339           13,005  

Gentera

    844,300           1,574  

Gruma, Cl B*

    154,532           1,165  

Grupo Aeroportuario del Pacifico, Cl B

    143,800           766  

Grupo Carso, Ser A1

    123,100           653  

Grupo Financiero Banorte, Cl O

    1,483,919           10,351  

Grupo Financiero Inbursa, Cl O

    297,200           838  

Grupo Financiero Santander Mexico ADR

    229,610           3,132  

Grupo Herdez

    32,875           117  

Grupo Mexico, Ser B

    1,536,091           5,070  

Grupo Sanborns

    561,651           1,186  

Grupo Televisa ADR

    371,241           11,234  

Industrias Penoles

    74,480           1,844  

Inmobiliaria Vesta (B)

    838,300           1,455  

Kimberly-Clark de Mexico, Cl A

    1,546,400           4,378  

Wal-Mart de Mexico, Ser V

    1,575,098           4,120  
      

 

 

 
         88,113  
      

 

 

 

Netherlands — 0.7%

      

Yandex, Cl A*

    271,800           11,728  
      

 

 

 

Peru — 0.6%

      

Credicorp

    72,314           9,598  
      

 

 

 

Philippines — 0.6%

      

Aboitiz Equity Ventures (A)

    762,900           939  

Alliance Global Group (A)

    1,204,488           703  

BDO Unibank (A)

    494,363           767  

International Container Terminal Services (A)

    1,276,454           2,939  

Manila Electric (A)

    33,470           189  

RFM (A)

    9,057,500           1,136  

SM Investments (A)

    210,796           3,387  

SM Prime Holdings (A)

    2,051,500           681  
      

 

 

 
         10,741  
      

 

 

 

Poland — 0.7%

      

Asseco Poland (A)

    33,224           506  

Bank Handlowy w Warszawie (A)

    5,496           191  

KGHM Polska Miedz (A)

    27,366           1,068  

PGE (A)

    281,646           1,519  

Polski Koncern Naftowy Orlen (A)

    88,964           1,211  

Powszechna Kasa Oszczednosci Bank Polski (A)

    386,551           5,046  

Powszechny Zaklad Ubezpieczen (A)

    12,484           1,857  

Tauron Polska Energia (A)

    554,595           805  
      

 

 

 
         12,203  
      

 

 

 

Russia — 7.2%

      

Etalon Group GDR*

    56,800           301  

Eurasia Drilling GDR

    176,051           7,922  

Gazprom ADR

    809,295           6,936  
 

 

12    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

December 31, 2013

 

Description   Shares        Market Value
($ Thousands)
 

Globaltrans Investment GDR

    586,883         $ 9,331  

Lukoil ADR

    150,888           9,512  

Magnit GDR

    130,982           8,671  

Mail.ru Group GDR*

    79,664           3,553  

MegaFon GDR

    111,186           3,725  

MMC Norilsk Nickel ADR

    129,381           2,150  

Mobile Telesystems ADR

    273,445           5,915  

NovaTek GDR

    70,994           9,719  

QIWI ADR

    32,500           1,820  

Rosneft GDR

    995,885           7,584  

Sberbank of Russia ADR

    1,713,769           21,492  

Severstal GDR (B)

    174,931           1,728  

Sistema GDR

    55,343           1,778  

Surgutneftegas ADR

    146,322           1,269  

Tatneft ADR

    89,523           3,422  

TMK GDR

    356,946           4,208  

Uralkali GDR

    15,707           418  

VTB Bank GDR (B)

    1,571,338           4,706  

X5 Retail Group GDR*

    263,621           4,421  
      

 

 

 
         120,581  
      

 

 

 

Singapore — 0.2%

      

Asian Pay Television Trust

    5,773,600           3,384  

China Yuchai International

    27,469           573  
      

 

 

 
         3,957  
      

 

 

 

South Africa — 5.1%

      

African Bank Investments

    497,713           573  

Anglo American Platinum*

    25,931           975  

AngloGold Ashanti ADR*

    59,000           691  

ArcelorMittal South Africa*

    159,732           569  

AVI

    82,892           454  

Barclays Africa Group

    37,872           478  

Bidvest Group

    131,514           3,370  

Exxaro Resources (B)

    209,900           2,935  

FirstRand

    823,058           2,820  

Foschini Group

    73,077           668  

Impala Platinum Holdings

    50,285           591  

Imperial Holdings

    104,781           2,027  

Investec

    186,414           1,326  

Kumba Iron Ore (B)

    31,209           1,321  

Liberty Holdings

    100,951           1,172  

Life Healthcare Group Holdings

    1,024,671           4,095  

Mondi

    91,891           1,577  

MTN Group

    529,258           10,966  

Murray & Roberts Holdings*

    239,957           614  

Nampak

    108,917           426  

Naspers, Cl N

    78,352           8,199  

Netcare

    381,601           948  

Redefine Properties* (E)

    1,191,020           1,108  

Remgro

    114,652           2,275  

Reunert (B)

    146,978           961  

RMB Holdings

    194,887           900  

Sasol

    150,266           7,382  

Sasol ADR

    55,375           2,738  

Shoprite Holdings

    212,135           3,322  

Spar Group

    92,199           1,158  

Standard Bank Group

    545,525           6,741  

Steinhoff International Holdings

    360,079           1,552  

Telkom*

    107,522           287  

Tongaat Hulett

    19,087           207  

Truworths International

    87,224           639  

Vodacom Group

    383,011           4,864  

Woolworths Holdings

    554,238           3,950  
      

 

 

 
Description   Shares        Market Value
($ Thousands)
 
       $ 84,879  
      

 

 

 

South Korea — 11.5%

      

Chong Kun Dang Pharmaceutical*

    7,416           479  

Chongkundang Holdings* (A)

    1,449           58  

Coway (A)

    108,925           6,862  

Daelim Industrial* (A)

    24,045           2,148  

Daewoong Pharmaceutical* (A)

    7,044           509  

Dongbu Insurance (A)

    52,642           2,805  

Dongkuk Steel Mill* (A)

    39,970           499  

Doosan (A)

    8,888           1,176  

Grand Korea Leisure (A)

    25,294           970  

GS Home Shopping (A)

    5,417           1,577  

Halla Visteon Climate Control* (A)

    38,210           1,407  

Hankook Tire* (A)

    55,189           3,180  

Hankook Tire Worldwide* (A)

    17,490           366  

Hite Jinro* (A)

    42,030           879  

Hyosung* (A)

    11,642           777  

Hyundai Home Shopping Network* (A)

    2,667           471  

Hyundai Marine & Fire Insurance (A)

    87,783           2,704  

Hyundai Mobis* (A)

    3,009           838  

Hyundai Motor (A)

    29,550           6,633  

Industrial Bank of Korea* (A)

    254,850           2,939  

Interpark* (A)

    103,823           1,050  

Kangwon Land* (A)

    63,330           1,860  

KB Financial Group* (A)

    13,500           546  

KB Financial Group ADR

    144,725           5,863  

KCC (A)

    18,413           8,188  

Kia Motors (A)

    113,911           6,066  

Korea Aerospace Industries* (A)

    85,800           2,360  

Korean Reinsurance (A)

    40,647           441  

KT (A)

    26,140           783  

KT ADR

    214,890           3,195  

KT&G (A)

    45,858           3,239  

LG* (A)

    23,243           1,412  

LG Chem (A)

    1,294           368  

LG Display ADR* (B)

    179,140           2,175  

LG Electronics (A)

    31,278           2,022  

Lock & Lock* (A)

    123,840           2,703  

Lotte Chilsung Beverage* (A)

    2,819           4,076  

Lotte Confectionery*

    2,337           4,234  

Lotte Shopping* (A)

    4,963           1,901  

Meritz Fire & Marine Insurance (A)

    31,080           447  

Mirae Asset Securities (A)

    27,720           1,011  

NAVER* (A)

    4,109           2,832  

OCI* (A)

    7,871           1,428  

POSCO (A)

    4,692           1,460  

S-1, Cl 1* (A)

    18,698           1,327  

Samsung Electronics (A)

    40,236           52,429  

Samsung Fire & Marine Insurance (A)

    5,089           1,251  

Samsung Heavy Industries (A)

    23,100           835  

Samsung Life Insurance (A)

    28,985           2,860  

SFA Engineering* (A)

    68,663           2,678  

Shinhan Financial Group* (A)

    164,834           7,400  

SK Holdings* (A)

    5,252           952  

SK Hynix* (A)

    107,861           3,773  

SK Telecom (A)

    8,730           1,910  

SK Telecom ADR (B)

    558,859           13,759  

Soulbrain* (A)

    9,800           415  

Sung Kwang Bend* (A)

    109,372           2,774  

Sungwoo Hitech* (A)

    45,849           671  
 

 

13    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

December 31, 2013

 

Description   Shares       

Market Value

($ Thousands)

 

Vieworks* (A)

    40,015         $ 941  

Wonik IPS* (A)

    109,791           895  
      

 

 

 
         191,807  
      

 

 

 

Spain — 0.4%

      

Cemex Latam Holdings*

    894,640           6,853  
      

 

 

 

Taiwan — 8.7%

      

Airtac International Group

    204,895           1,664  

Asustek Computer

    247,000           2,221  

Catcher Technology

    771,000           5,006  

Cathay Financial Holding

    2,039,227           3,301  

Chailease Holding

    526,200           1,384  

Chicony Electronics

    186,992           470  

China Motor

    1,181,000           1,143  

China Steel Chemical

    344,800           1,897  

Chong Hong Construction

    116,000           356  

CTBC Financial Holding

    3,085,000           2,106  

CTCI

    808,000           1,309  

Delta Electronics

    195,000           1,112  

Everlight Electronics

    357,000           821  

Far Eastern New Century

    556,000           642  

Farglory Land Development

    1,290,043           2,186  

Formosa Taffeta

    88,000           106  

Fubon Financial Holding

    3,085,000           4,513  

Giga Solar Materials

    151,000           2,432  

Hermes Microvision

    9,000           292  

Hermes Microvision GDR* (D)

    46,900           1,522  

Hiwin Technologies

    559,270           4,720  

Hon Hai Precision Industry

    2,485,828           6,681  

Inventec

    868,000           767  

King Yuan Electronics

    616,000           423  

King’s Town Bank

    692,000           659  

Kinsus Interconnect Technology

    537,000           1,782  

Lite-On Technology

    2,197,120           3,524  

MediaTek

    1,149,000           17,098  

Mega Financial Holding

    362,000           305  

Merry Electronics

    320,440           1,871  

Nan Ya Plastics

    511,000           1,181  

Novatek Microelectronics

    738,500           3,023  

Phison Electronics

    426,000           2,723  

Pou Chen

    1,444,000           2,159  

Powertech Technology

    353,000           540  

President Chain Store

    507,652           3,517  

Quanta Computer

    999,000           2,330  

Radiant Opto-Electronics

    935,050           3,420  

Realtek Semiconductor

    1,166,173           3,130  

Shin Kong Financial Holding

    6,154,118           2,127  

Simplo Technology

    352,194           1,560  

Taishin Financial Holding

    4,652,030           2,287  

Taiwan Cement

    3,345,000           5,191  

Taiwan Semiconductor Manufacturing

    5,607,890           19,851  

Taiwan Semiconductor Manufacturing ADR

    431,844           7,531  

Teco Electric and Machinery

    2,482,000           2,844  

Transcend Information

    871,000           2,505  

Uni-President Enterprises

    1,066,700           1,922  

United Microelectronics

    1,488,000           617  

United Microelectronics ADR (B)

    1,432,100           2,922  

Vanguard International Semiconductor

    490,000           582  
Description   Shares       

Market Value

($ Thousands)

 

Wistron NeWeb

    195,000         $ 506  
      

 

 

 
         144,781  
      

 

 

 

Thailand — 1.4%

      

Advanced Info Service (A)

    134,700           822  

Bangchak Petroleum (A)

    257,500           220  

Bangkok Bank (A)

    269,654           1,469  

Bangkok Bank Foreign (A)

    494,400           2,691  

Bangkok Expressway (A)

    148,400           152  

BEC World (A)

    165,600           255  

CP ALL (A)

    1,809,400           2,320  

CP Seven Eleven PCL (A)

    85,300           109  

Delta Electronics Thailand (A)

    183,700           300  

Kiatnakin Bank (A)

    948,544           1,082  

PTT

    491,250           4,284  

PTT Global Chemical

    1,738,600           4,199  

Ratchaburi Electricity Generating Holding (A)

    269,800           403  

Siam Commercial Bank (A)

    248,000           1,090  

Thai Oil (A)

    1,016,700           1,746  

Thanachart Capital (A)

    1,825,200           1,801  

VGI Global Media (A)

    3,268,824           977  
      

 

 

 
         23,920  
      

 

 

 

Turkey — 1.8%

      

Anadolu Efes Biracilik Ve Malt Sanayii

    343,171           3,714  

Arcelik

    129,990           735  

Aselsan Elektronik Sanayi Ve Ticaret

    823,213           3,310  

EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret

    158,566           156  

Emlak Konut Gayrimenkul Yatirim Ortakligi (E)

    4,663,549           4,558  

Enka Insaat ve Sanayi

    511,777           1,434  

Eregli Demir ve Celik Fabrikalari

    1,619,632           1,945  

Koza Altin Isletmeleri

    76,318           789  

Pegasus Hava Tasimaciligi*

    189,339           3,199  

TAV Havalimanlari Holding

    474,913           3,415  

Tofas Turk Otomobil Fabrikasi

    167,021           1,042  

Turk Hava Yollari

    227,992           683  

Turk Telekomunikasyon

    548,958           1,523  

Turkcell Iletisim Hizmetleri*

    165,335           2,207  

Turkiye Sise ve Cam Fabrikalari

    1,646,610           2,085  
      

 

 

 
         30,795  
      

 

 

 

United Arab Emirates — 0.2%

      

Dragon Oil

    372,953           3,505  
      

 

 

 

United Kingdom — 1.4%

      

Afren*

    2,191,877           6,142  

Anglo American ADR

    82,040           893  

BG Group

    177,880           3,823  

Hikma Pharmaceuticals

    202,729           4,033  

Lonmin*

    266,215           1,360  

Old Mutual

    689,516           2,160  

SABMiller

    96,625           4,915  
      

 

 

 
         23,326  
      

 

 

 

United States — 0.8%

      

Avon Products

    133,700           2,302  

First Cash Financial Services*

    63,300           3,915  

Freeport-McMoRan Copper & Gold

    93,800           3,540  

Yahoo!*

    68,900           2,786  
      

 

 

 
 

 

14    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

December 31, 2013

 

Description   Shares        Market Value
($ Thousands)
 
       $ 12,543  
      

 

 

 

Total Common Stock
(Cost $1,408,072) ($ Thousands)

         1,498,690  
      

 

 

 

EXCHANGE TRADED FUNDS — 4.1%

      

United States — 4.1%

      

iPath MSCI India Index ETN* (B)

    173,779           9,898  

iShares MSCI Emerging Markets ETF

    1,422,210           59,406  
      

 

 

 

Total Exchange Traded Funds
(Cost $69,640) ($ Thousands)

         69,304  
      

 

 

 

PREFERRED STOCK — 3.1%

      

Brazil — 2.9%

      

Banco do Estado do Rio Grande do Sul

    583,102           3,114  

Bradespar

    189,000           2,009  

Cia Brasileira de Distribuicao Grupo Pao de Acucar ADR (B)

    120,155           5,367  

Cia Energetica de Sao Paulo, Cl B

    198,800           1,889  

Cia Paranaense de Energia

    85,400           1,105  

Itau Unibanco Holding

    124,039           1,648  

Itau Unibanco Holding ADR

    334,996           4,546  

Itausa - Investimentos Itau

    706,990           2,667  

Klabin

    171,600           892  

Marcopolo

    1,771,700           3,830  

Metalurgica Gerdau, Cl A

    213,260           2,115  

Petroleo Brasileiro, Cl Preference*

    291,716           2,112  

Petroleo Brasileiro ADR, Cl A*

    450,491           6,618  

Vale, Cl A

    64,785           899  

Vale ADR, Cl B

    714,813           10,015  
      

 

 

 
         48,826  
      

 

 

 

Chile — 0.1%

      

Sociedad Quimica y Minera de Chile, Cl B

    38,038           969  
      

 

 

 

Colombia — 0.1%

      

Bancolombia

    78,829           956  
      

 

 

 

South Korea — 0.0%

      

Samsung Electronics (A)

    929           894  
      

 

 

 

Total Preferred Stock
(Cost $58,633) ($ Thousands)

         51,645  
   

Number of
Rights

          

RIGHTS — 0.0%

      

Indonesia — 0.0%

      

Bank Bukopin, Expires 01/10/2014

    1,764           
      

 

 

 

Malaysia — 0.0%

      

IOI, Expires 02/28/2014

    86           
      

 

 

 

Taiwan — 0.0%

      

Farglory Land Development, Expires 12/18/2013

    77          1  
      

 

 

 

Total Rights
(Cost $—) ($ Thousands)

         1  
      

 

 

 
Description  

Shares/Face Amount

($ Thousands)

       Market Value
($ Thousands)
 

DEBENTURE BOND — 0.0%

      

Brazil — 0.0%

      

Vale, Ser 1997

      

0.000%, 09/30/2049 (F)

  $ 8        $  
      

 

 

 

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

          
      

 

 

 

AFFILIATED PARTNERSHIP — 4.5%

  

    

SEI Liquidity Fund, L.P.

      

0.070%†** (G)

    74,455,668          74,456  
      

 

 

 

Total Affiliated Partnership
(Cost $74,456) ($ Thousands)

         74,456  
      

 

 

 

CASH EQUIVALENT — 1.0%

      

SEI Daily Income Trust, Prime Obligation Fund, Cl A

      

0.010%†**

    17,249,681          17,250  
      

 

 

 

Total Cash Equivalent
(Cost $17,250) ($ Thousands)

         17,250  
      

 

 

 

Total Investments — 102.4%
(Cost $1,628,051) ($ Thousands)§

   

     $ 1,711,346  
      

 

 

 

Percentages are based on a Net Assets of $1,670,961 ($ Thousands).

 

*   Non-income producing security.

 

**   Rate shown is the 7-day effective yield as of December 31, 2013.

 

  Investment in Affiliated Security.

 

(A)   Security fair valued using methods determined in good faith by the Valuation Committee of the Board of Trustees. The total market value of such securities as of December 31, 2013 was $242,503 ($ Thousands) and represented 14.5% of Net Assets.

 

(B)   This security or a partial position of this security is on loan at December 31, 2013. The total market value of securities on loan at December 31, 2013 was $71,204 ($ Thousands).

 

(C)   Securities considered illiquid. The total market value of such securities as of December 31, 2013 was $222 ($ Thousands) and represented 0.0% of Net Assets.

 

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

 

(E)   Real Estate Investment Trust.

 

(F)   Variable Rate Security — The rate reported on the Schedule of Investments is the rate in effect as of December 31, 2013.

 

(G)   This security was purchased with cash collateral held from securities on loan. The total value of such securities as of December 31, 2013 was $74,456 ($ Thousands).

 

§   At December 31, 2013, the tax basis cost of the Fund’s investments was $1,628,051 ($ Thousands), and the unrealized appreciation and depreciation were $161,473 ($ Thousands) and ($78,178) ($ Thousands), respectively.

ADR — American Depositary Receipt

Cl — Class

ETF — Exchange Traded Fund

ETN — Exchange Traded Note

MSCI — Morgan Stanley Capital International

GDR — Global Depositary Receipt

L.P. — Limited Partnership

Ser — Series

 

 

15    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Equity Fund

December 31, 2013

 

The following is a list of the level of inputs used as of December 31, 2013, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

 

Investments in Securities   Level 1     Level 2     Level 3(1)     Total  

Common Stock

  $ 1,256,187     $ 242,280     $ 223     $ 1,498,690  

Exchange Traded Funds

    69,304                   69,304  

Preferred Stock

    50,751       894             51,645  

Rights

    1                   1  

Debenture Bond

                       

Affiliated Partnership

          74,456             74,456  

Cash Equivalent

    17,250                   17,250  
 

 

 

   

 

 

   

 

 

   

 

 

 

Total Investments in Securities

  $ 1,393,493     $ 317,630     $ 223     $ 1,711,346  
 

 

 

   

 

 

   

 

 

   

 

 

 

 

(1)   

A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets.

For the period ended December 31, 2013, there were transfers between Level 1 and Level 2 assets and liabilities. The primary reason for changes in the classifications between Level 1 and Level 2 occurs when foreign equity securities are fair valued using other observable market-based inputs in place of the closing exchange price due to events occurring after the close of the exchange or market on which the investment is principally traded.

For the period ended December 31, 2013, there were no transfers between Level 2 and Level 3 assets and liabilities.

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

For information on 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.

 

 

16    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

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

GLOBAL BONDS — 93.9%

           

Australia — 3.6%

           

Australia & New Zealand Banking Group MTN

           

3.625%, 07/18/2022

    EUR           300        $ 458  

Commonwealth Bank of Australia MTN

           

3.000%, 05/03/2022

    EUR           230          336  

2.625%, 01/12/2017

    EUR           245          356  

Government of Australia

           

6.000%, 02/15/2017

         2,060          2,009  

5.750%, 07/15/2022

         2,750          2,757  

5.500%, 01/21/2018

         2,110          2,050  

5.500%, 04/21/2023

         160          158  

4.250%, 07/21/2017

         1,350          1,255  

Government of Australia, Ser 122

           

5.250%, 03/15/2019

         3,580          3,472  

Government of Australia, Ser 124

           

5.750%, 05/15/2021

         1,900          1,902  

National Australia Bank MTN

           

1.875%, 01/13/2023

    EUR           220          292  

Queensland Treasury, Ser 17

           

6.000%, 09/14/2017

         780          763  

Rio Tinto Finance

           

3.500%, 03/22/2022

    USD           55          54  

Suncorp-Metway

           

5.125%, 10/27/2014

    GBP           235          401  

Westpac Banking MTN

           

1.375%, 04/17/2020

    EUR           230          310  
           

 

 

 
              16,573  
           

 

 

 

Austria — 1.1%

           

Republic of Austria

           

3.900%, 07/15/2020

         75          118  

3.650%, 04/20/2022

         290          449  

3.200%, 02/20/2017

         600          894  

1.950%, 06/18/2019

         1,660          2,364  

1.750%, 10/20/2023

         380          500  

Republic of Austria,
Ser 97-6

           

6.250%, 07/15/2027

         225          436  

Telekom Finanzmanagement MTN

           

3.125%, 12/03/2021

         250          344  
           

 

 

 
              5,105  
           

 

 

 

Belgium — 3.1%

           

Anheuser-Busch InBev MTN

           

8.625%, 01/30/2017

         200          337  

2.875%, 09/25/2024

         650          891  

Kingdom of Belgium

           

3.750%, 06/22/2045

         183          262  

Kingdom of Belgium, Ser 44

           

5.000%, 03/28/2035

         500          857  

Kingdom of Belgium, Ser 47

           

3.250%, 09/28/2016

         6,140          9,081  

Kingdom of Belgium, Ser 49

           

4.000%, 03/28/2017

         230          350  

Kingdom of Belgium, Ser 58

           

3.750%, 09/28/2020

         231          357  

Kingdom of Belgium, Ser 65

           

4.250%, 09/28/2022

         250          395  
Description             Face Amount(1)
(Thousands)
       Market Value
($ Thousands)
 

Kingdom of Belgium, Ser 67

           

3.000%, 09/28/2019

         1,180        $ 1,750  
           

 

 

 
              14,280  
           

 

 

 

Brazil — 0.4%

           

BRF

           

3.950%, 05/22/2023 (A)

    USD           410          355  

Cosan

           

5.000%, 03/14/2023 (A)

    USD           240          209  

Gerdau Trade

           

5.750%, 01/30/2021 (A)

    USD           101          103  

4.750%, 04/15/2023 (A)

    USD           200          186  

Petrobras Global Finance

           

4.250%, 10/02/2023

    EUR           153          211  

Raisen Energy Finance

           

7.000%, 02/01/2017 (A)

    USD           270          297  

Samarco Mineracao

           

4.125%, 11/01/2022 (A)

    USD           430          387  
           

 

 

 
              1,748  
           

 

 

 

Canada — 4.1%

           

Bell Canada MTN

           

5.000%, 02/15/2017

         270          274  

Canada Housing Trust No. 1

           

4.100%, 12/15/2018

         1,390          1,423  

2.050%, 06/15/2017

         2,470          2,357  

CDP Financial

           

4.400%, 11/25/2019 (A)

    USD           850          936  

Government of Canada

           

5.750%, 06/01/2033

         485          626  

5.000%, 06/01/2037

         1,300          1,581  

4.250%, 06/01/2018

         715          741  

4.000%, 06/01/2041

         860          920  

2.750%, 06/01/2022

         2,750          2,606  

1.250%, 09/01/2018

         1,685          1,536  

1.000%, 11/01/2015

         1,355          1,273  

Muskrat Falls

           

3.630%, 06/01/2029

         340          323  

Province of British Columbia

           

3.250%, 12/18/2021

         1,150          1,097  

Province of Manitoba Canada

           

3.850%, 12/01/2021

         710          700  

Province of Ontario Canada

           

3.150%, 06/02/2022

         2,000          1,852  

Quebecor Media

           

5.750%, 01/15/2023

    USD           128          124  

Royal Bank of Canada

           

1.625%, 08/04/2020

    EUR           190          260  

TransCanada PipeLines

           

2.500%, 08/01/2022

    USD           300          274  

Valeant Pharmaceuticals International

           

7.500%, 07/15/2021 (A)

    USD           177          194  
           

 

 

 
              19,097  
           

 

 

 

Chile — 0.1%

           

ENTEL Chile

           

4.875%, 10/30/2024

    USD           380          371  
           

 

 

 

China — 0.1%

           

CNOOC Finance

           

1.750%, 05/09/2018

    USD           204          199  

Talent Yield Investments

           

4.500%, 04/25/2022 (A)

    USD           310          305  
           

 

 

 
              504  
           

 

 

 
 

 

17    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

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

Colombia — 0.0%

           

Pacific Rubiales Energy

           

5.125%, 03/28/2023 (A)

    USD           123        $ 113  
           

 

 

 

Czech Republic — 0.1%

           

Government of Czech Republic, Ser 51

           

4.000%, 04/11/2017

         8,050          449  
           

 

 

 

Denmark — 1.6%

           

Danske Bank

           

5.375%, 09/29/2021 (B)

    GBP           170          290  

3.500%, 04/16/2018

    EUR           155          235  

DONG Energy MTN

           

5.750%, 04/09/2040

    GBP           200          371  

Kingdom of Denmark

           

4.500%, 11/15/2039

         1,300          320  

4.000%, 11/15/2017

         8,915          1,861  

3.000%, 11/15/2021

         21,800          4,445  
           

 

 

 
              7,522  
           

 

 

 

Finland — 1.0%

           

Elisa MTN

           

2.250%, 10/04/2019

         300          409  

Government of Finland

           

4.375%, 07/04/2019

         400          642  

3.375%, 04/15/2020

         2,080          3,189  

Nordea Bank Finland MTN

           

2.375%, 07/17/2017

         190          275  

2.250%, 05/03/2019

         170          245  
           

 

 

 
              4,760  
           

 

 

 

France — 6.6%

           

Accor

           

2.500%, 03/21/2019

         300          414  

ALD International MTN

           

2.000%, 05/26/2017

         500          685  

Arkema

           

3.850%, 04/30/2020

         200          297  

AXA MTN

           

6.211%, 10/29/2049 (B)

         275          405  

Banque Federative du Credit Mutuel MTN

           

2.000%, 09/19/2019

         400          548  

Banque PSA Finance MTN

           

4.875%, 09/25/2015

         450          649  

BNP Paribas MTN

           

4.730%, 04/12/2049 (B)

         300          428  

2.500%, 08/23/2019

         350          496  

2.375%, 09/14/2017

    USD           445          454  

BNP Paribas Home Loan SFH MTN

           

3.125%, 03/22/2022

         500          743  

BPCE

           

5.700%, 10/22/2023

    USD           380          392  

BPCE SFH MTN

           

2.750%, 02/16/2017

         300          437  

2.375%, 11/29/2023

         100          136  

1.750%, 11/29/2019

         600          833  

Caisse de Refinancement de l’Habitat MTN

           

5.000%, 04/08/2019

         500          814  
Description             Face Amount(1)
(Thousands)
       Market Value
($ Thousands)
 

Caisse Francaise de Financement Local MTN

           

4.500%, 04/27/2015

         380        $ 551  

3.750%, 05/18/2016

         225          333  

Casino Guichard Perracho MTN

           

4.726%, 05/26/2021

         300          463  

Cie de Financement Foncier MTN

           

4.625%, 09/23/2017

         575          896  

4.250%, 01/19/2022

         300          476  

Cie de St. Gobain MTN

           

3.625%, 03/28/2022

         120          173  

Credit Agricole MTN

           

2.375%, 11/27/2020

         600          829  

Credit Agricole Home Loan SFH MTN

           

2.875%, 09/09/2016

         300          437  

Dexia Credit Local MTN

           

1.625%, 10/29/2018

         565          783  

1.250%, 10/18/2016 (A)

    USD           449          448  

Electricite de France MTN

           

6.500%, 01/26/2019 (A)

    USD           250          296  

5.500%, 10/17/2041

    GBP           100          182  

5.375%, 12/12/2049 (B)

         100          147  

5.250%, 12/29/2049 (B)

    USD           120          119  

4.125%, 03/25/2027

         100          150  

Eutelsat

           

2.625%, 01/13/2020

         200          273  

French Treasury Note

           

2.500%, 01/15/2015

         1,145          1,615  

1.000%, 07/25/2017

         235          327  

Gecina MTN

           

2.875%, 05/30/2023 (C)

         500          656  

Government of France

           

5.750%, 10/25/2032

         545          1,029  

5.000%, 10/25/2016

         1,240          1,923  

4.750%, 04/25/2035

         60          102  

4.500%, 04/25/2041

         805          1,333  

3.250%, 05/25/2045

         380          503  

3.000%, 04/25/2022

         640          943  

1.750%, 05/25/2023

         345          451  

1.000%, 05/25/2018

         2,125          2,921  

HSBC SFH France MTN

           

2.000%, 10/16/2023

         700          936  

Iliand

           

4.875%, 06/01/2016

         300          444  

RCI Banque

           

3.400%, 04/11/2014 (A)

    USD           250          251  

Sanofi MTN

           

2.500%, 11/14/2023

         200          272  

Societe Generale MTN

           

5.750%, 04/20/2016 (A)

    USD           111          120  

5.200%, 04/15/2021 (A)

    USD           425          467  

3.875%, 12/17/2015

    GBP           100          173  

Societe Generale SFH MTN

           

3.250%, 06/06/2016

         400          586  

Unibail-Rodamco MTN

           

2.375%, 02/25/2021 (C)

         500          683  

Veolia Environnement MTN

           

6.125%, 11/25/2033

         270          455  

4.625%, 03/30/2027

         200          299  
           

 

 

 
              30,776  
           

 

 

 
 

 

18    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

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

Germany — 7.8%

           

Allianz Finance II MTN

           

3.500%, 02/14/2022

         300        $ 446  

Bundesobligation

           

1.000%, 10/12/2018

         1,380          1,907  

0.250%, 04/13/2018

         300          404  

Bundesrepublik Deutschland

           

4.750%, 09/20/2033

         190          334  

2.500%, 07/04/2044

         3,325          4,344  

2.250%, 09/04/2021

         425          616  

1.500%, 09/04/2022

         1,425          1,923  

1.500%, 05/15/2023

         1,610          2,141  

Bundesrepublik Deutschland, Ser 07

           

4.000%, 01/04/2018

         1,300          2,028  

Continental MTN

           

3.125%, 09/09/2020

         600          863  

Deutsche Bank MTN

           

1.407%, 12/15/2015 (B)

    GBP           280          459  

Deutsche Telekom International Finance MTN

           

8.875%, 11/27/2028

    GBP           160          381  

7.375%, 12/04/2019

    GBP           200          404  

Deutschland Inflation Linked Bond

           

1.500%, 04/15/2016

         3,246          4,662  

E.ON International Finance MTN

           

6.000%, 10/30/2019

    GBP           300          571  

Euro Zone Inflation Linked Bond

           

0.750%, 04/15/2018

         6,599          9,452  

Evonik Industries MTN

           

1.875%, 04/08/2020

         600          809  

FMS Wertmanagement

           

1.125%, 09/03/2018

         300          413  

Hypothekenbank Frankfurt MTN

           

2.875%, 01/19/2016

         160          231  

KFW

           

4.750%, 08/12/2015

    SEK           6,000          986  

3.875%, 01/21/2019

         575          897  

3.375%, 08/30/2017

    CHF           370          462  

1.125%, 10/16/2018

         250          345  

Linde Finance MTN

           

3.875%, 06/01/2021

         450          689  

Muenchener Rueckversicherungs MTN

           

6.250%, 05/26/2042 (B)

         200          324  

RWE

           

7.000%, 10/12/2072 (B)

    USD           224          245  

Vier Gas Transport Gmbh MTN

           

3.125%, 07/10/2023

         250          351  

2.875%, 06/12/2025

         200          270  
           

 

 

 
              36,957  
           

 

 

 

Ireland — 1.1%

           

AIB Mortgage Bank MTN

           

2.625%, 07/29/2016

         400          563  

Allied Irish Banks MTN

           

2.875%, 11/28/2016

         400          549  

Aquarius and Investments for Zurich Insurance MTN

           

4.250%, 10/02/2043 (B)

         100          137  

Bank of Ireland MTN

           

4.000%, 01/28/2015

         250          355  
Description             Face Amount(1)
(Thousands)
       Market Value
($ Thousands)
 

Bank of Ireland Mortgage Bank MTN

           

3.625%, 10/02/2020

         170        $ 244  

CRH Finland Services MTN

           

2.750%, 10/15/2020

         350          484  

GE Capital UK Funding MTN

           

4.375%, 07/31/2019

    GBP           810          1,425  

Ireland Government Bond

           

5.400%, 03/13/2025

         260          407  

4.500%, 10/18/2018

         345          527  

3.900%, 03/20/2023

         200          285  
           

 

 

 
              4,976  
           

 

 

 

Israel — 0.0%

           

Israel Government Bond

           

4.250%, 03/31/2023

         750          233  
           

 

 

 

Italy — 6.8%

           

Banca Monte dei Paschi di Siena

           

5.000%, 02/09/2018

         230          335  

4.875%, 09/15/2016

         700          1,015  

Edison MTN

           

3.875%, 11/10/2017

         600          898  

Enel Finance International MTN

           

4.875%, 03/11/2020

         100          153  

4.875%, 04/17/2023

         290          440  

3.875%, 10/07/2014 (A)

    USD           350          358  

Intesa Sanpaolo MTN

           

4.875%, 07/10/2015

         300          434  

4.000%, 11/09/2017

         368          534  

Italy Buoni Poliennali Del Tesoro

           

6.500%, 11/01/2027

         305          508  

6.000%, 05/01/2031

         1,045          1,677  

5.500%, 09/01/2022

         410          634  

5.500%, 11/01/2022

         150          233  

5.000%, 03/01/2022

         1,500          2,259  

5.000%, 03/01/2025

         960          1,419  

5.000%, 09/01/2040

         755          1,072  

4.750%, 05/01/2017

         1,780          2,660  

4.750%, 09/01/2021

         3,250          4,849  

4.750%, 09/01/2044

         355          483  

4.500%, 03/01/2019

         400          596  

4.250%, 02/01/2015

         2,325          3,316  

4.250%, 02/01/2019

         2,100          3,097  

3.500%, 11/01/2017

         1,535          2,207  

3.500%, 06/01/2018

         300          430  

2.250%, 04/22/2017

         1,104          1,539  

TeamSystem Holding

           

7.375%, 05/15/2020

         220          312  

UniCredit MTN

           

6.950%, 10/31/2022

         100          150  

Unione di Banche Italiane MTN

           

4.500%, 02/22/2016

         200          293  
           

 

 

 
              31,901  
           

 

 

 

Japan — 18.1%

           

Government of Japan 5 Year Bond

           

0.300%, 03/20/2017

         443,900          4,243  

0.300%, 09/20/2018

         154,950          1,479  

Government of Japan 5 Year Bond, Ser 106

           

0.200%, 09/20/2017

         850,000          8,093  
 

 

19    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

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

Government of Japan 5 Year Bond, Ser 108

      

0.100%, 12/20/2017

    315,000        $ 2,986  

Government of Japan 5 Year Bond, Ser 109

      

0.100%, 03/20/2018

    37,900          359  

Government of Japan 10 Year Bond

      

1.200%, 12/20/2020

    433,000          4,327  

0.800%, 09/20/2023

    41,300          396  

0.600%, 12/20/2023

    80,000          751  

Government of Japan 10 Year Bond, Ser 298

      

1.300%, 12/20/2018

    254,550          2,547  

Government of Japan 10 Year Bond, Ser 301

      

1.500%, 06/20/2019

    235,300          2,385  

Government of Japan 10 Year Bond, Ser 303

      

1.400%, 09/20/2019

    489,100          4,938  

Government of Japan 10 Year Bond, Ser 308

      

1.300%, 06/20/2020

    1,151,000          11,578  

Government of Japan 10 Year Bond, Ser 313

      

1.300%, 03/20/2021

    750,000          7,542  

Government of Japan 10 Year Bond, Ser 316

      

1.100%, 06/20/2021

    240,550          2,385  

Government of Japan 20 Year Bond

      

1.700%, 09/20/2033

    32,700          318  

Government of Japan 20 Year Bond, Ser 106

      

2.200%, 09/20/2028

    40,650          444  

Government of Japan 20 Year Bond, Ser 112

      

2.100%, 06/20/2029

    325,000          3,490  

Government of Japan 20 Year Bond, Ser 128

      

1.900%, 06/20/2031

    55,000          566  

Government of Japan 20 Year Bond, Ser 140

      

1.700%, 09/20/2032

    34,850          343  

Government of Japan 20 Year Bond, Ser 143

      

1.600%, 03/20/2033

    331,950          3,192  

Government of Japan 20 Year Bond, Ser 144

      

1.500%, 03/20/2033

    90,000          851  

Government of Japan 20 Year Bond, Ser 48

      

2.500%, 12/21/2020

    429,450          4,655  

Government of Japan 20 Year Bond, Ser 55

      

2.000%, 03/21/2022

    257,000          2,718  

Government of Japan 20 Year Bond, Ser 99

      

2.100%, 12/20/2027

    506,400          5,485  
Description             Face Amount(1)
(Thousands)
       Market Value
($ Thousands)
 

Government of Japan 30 Year Bond, Ser 29

           

2.400%, 09/20/2038

         103,250        $ 1,125  

Government of Japan 30 Year Bond, Ser 30

           

2.300%, 03/20/2039

         315,500          3,380  

Government of Japan 30 Year Bond, Ser 33

           

2.000%, 09/20/2040

         167,000          1,691  

Government of Japan 30 Year Bond, Ser 34

           

2.200%, 03/20/2041

         30,000          316  

Government of Japan 30 Year Bond, Ser 36

           

2.000%, 03/20/2042

         15,000          152  

Government of Japan 30 Year Bond, Ser 37

           

1.900%, 09/20/2042

         40,400          400  

Japan Finance Organization for Municipalities

           

4.500%, 05/27/2014

    EUR           450          629  

ORIX

           

4.710%, 04/27/2015

    USD           135          141  
           

 

 

 
              83,905  
           

 

 

 

Luxembourg — 0.1%

           

Altice Financing

           

6.500%, 01/15/2022

         200          278  
           

 

 

 

Malaysia — 0.2%

           

Malaysia Government Bond

           

5.734%, 07/30/2019

         900          298  

3.418%, 08/15/2022

         445          129  

Petronas Capital

           

5.250%, 08/12/2019

    USD           410          449  
           

 

 

 
              876  
           

 

 

 

Mexico — 0.6%

           

Grupo KUO De

           

6.250%, 12/04/2022 (A)

    USD           300          300  

Mexican Bonos

           

7.750%, 11/13/2042

         9,100          709  

7.000%, 06/19/2014

         5,537          430  

Mexican Bonos, Ser M10

           

7.750%, 12/14/2017

         19,166          1,604  
           

 

 

 
              3,043  
           

 

 

 

Netherlands — 6.3%

           

ABN AMRO Bank MTN

           

4.875%, 01/16/2019

    GBP           200          357  

3.750%, 07/15/2014

         750          1,052  

Achmea BV MTN

           

2.500%, 11/19/2020

         400          546  

Achmea Hypotheekbank MTN

           

2.375%, 02/08/2016

         275          387  

Akzo Nobel MTN

           

8.000%, 04/06/2016

    GBP           205          385  

Alliander MTN

           

2.875%, 06/14/2024

         200          276  

ASML Holding

           

3.375%, 09/19/2023

         450          625  

Coco-Cola HBC Finance

           

2.375%, 06/18/2020

         350          478  

Heineken MTN

           

2.125%, 08/04/2020

         300          408  
 

 

20    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

Description            

Face Amount(1)

(Thousands)

       Market Value
($ Thousands)
 

ING Bank

           

5.800%, 09/25/2023 (A)

    USD           375        $ 392  

3.375%, 03/23/2017

         125          186  

Kingdom of Netherlands

           

4.500%, 07/15/2017

         500          779  

4.000%, 07/15/2018

         185          288  

4.000%, 01/15/2037

         300          492  

3.500%, 07/15/2020

         485          749  

3.250%, 07/15/2015

         3,900          5,621  

2.500%, 01/15/2033

         365          478  

2.250%, 07/15/2022

         1,255          1,760  

1.750%, 07/15/2023

         1,290          1,704  

1.750%, 07/15/2023

         6,250          8,258  

1.250%, 01/15/2018

         1,185          1,656  

Koninklijke KPN

           

3.250%, 02/01/2021

         200          279  

Robert Bosch Investment Nederland MTN

           

2.979%, 05/27/2033

         200          256  

Shell International Finance

           

2.250%, 01/06/2023

    USD           825          737  

TenneT Holding

           

2.125%, 11/01/2020

         350          477  

UPCB Finance

           

7.625%, 01/15/2020

         250          373  

Wuerth Finance International MTN

           

1.750%, 05/21/2020

         150          202  
           

 

 

 
              29,201  
           

 

 

 

New Zealand — 0.8%

           

BNZ International Funding MTN

           

1.250%, 05/23/2018

    EUR           156          211  

Government of New Zealand

           

5.500%, 04/15/2023

         320          279  

2.000%, 09/20/2025

         4,157          3,202  
           

 

 

 
              3,692  
           

 

 

 

Norway — 0.9%

           

DnB Bank MTN

           

4.750%, 03/08/2022 (B)

    EUR           120          177  

3.000%, 09/26/2023 (B)

    EUR           170          236  

DnB Boligkreditt

           

2.750%, 04/20/2015

    EUR           625          887  

Eksportfinans

           

2.375%, 05/25/2016

    USD           200          197  

2.000%, 09/15/2015

    USD           20          20  

Government of Norway

           

4.500%, 05/22/2019

         1,150          210  

2.000%, 05/24/2023

         645          98  

Kommunalbanken MTN

           

1.000%, 03/15/2018 (A)

         800          777  

Sparebank 1 Boligkreditt MTN

           

2.375%, 11/22/2016

    EUR           170          245  

Telenor MTN

           

2.500%, 05/22/2025

    EUR           600          783  

Yara International

           

7.875%, 06/11/2019 (A)

    USD           185          223  
           

 

 

 
              3,853  
           

 

 

 

Poland — 0.5%

           

Republic of Poland

           

5.125%, 04/21/2021

    USD           135          147  

4.000%, 10/25/2023

         300          97  
Description            

Face Amount(1)

(Thousands)

      

Market Value

($ Thousands)

 

Republic of Poland, Ser 1019

           

5.500%, 10/25/2019

         1,475        $ 529  

Republic of Poland, Ser 1021

           

5.750%, 10/25/2021

         4,640          1,690  

Republic of Poland, Ser E MTN

           

4.200%, 04/15/2020

    EUR           60          93  
           

 

 

 
              2,556  
           

 

 

 

Qatar — 0.1%

           

State of Qatar

           

4.500%, 01/20/2022 (A)

    USD           390          413  
           

 

 

 

Romania — 0.0%

           

Romanian Government International Bond MTN

           

4.625%, 09/18/2020

    EUR           170          244  
           

 

 

 

Russia — 0.3%

           

Gazprom OAO Via Gaz Capital MTN

           

5.338%, 09/25/2020

    GBP           240          418  

Russian Federation Registered

           

7.500%, 03/31/2030

    USD           286          333  

Severstal OAO Via Steel Capital MTN

           

4.450%, 03/19/2018 (A)

    USD           320          317  

VimpelCom Holdings

           

5.200%, 02/13/2019 (A)

    USD           200          200  
           

 

 

 
              1,268  
           

 

 

 

Singapore — 0.2%

           

Government of Singapore

           

4.000%, 09/01/2018

         495          440  

3.125%, 09/01/2022

         275          228  

Temasek Financial I MTN

           

2.375%, 01/23/2023 (A)

    USD           495          445  
           

 

 

 
              1,113  
           

 

 

 

South Africa — 0.3%

           

Gold Fields Orogen Holding

           

4.875%, 10/07/2020

         400          323  

Republic of South Africa

           

10.500%, 12/21/2026

         2,500          281  

8.250%, 09/15/2017

         6,600          657  
           

 

 

 
              1,261  
           

 

 

 

South Korea — 0.7%

           

Export-Import Bank of Korea MTN

           

2.000%, 04/30/2020

    USD           300          400  

Korea National Oil

           

3.125%, 04/03/2017 (A)

    USD           540          556  

Korea Treasury Bond

           

4.250%, 06/10/2021

         1,009,870          1,005  

4.000%, 12/10/2031

         350,000          341  

3.500%, 09/10/2016

         973,960          937  
           

 

 

 
              3,239  
           

 

 

 

Spain — 3.9%

           

Abertis Infraestructuras

           

3.750%, 06/20/2023

         400          560  

Ayt Cedulas Cajas Global

           

3.750%, 12/14/2022

         200          262  

AyT Cedulas Cajas X Fondo de Titulizacion

           

0.364%, 06/30/2015 (B)

         200          269  
 

 

21    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

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

Banco de Sabadell

           

3.375%, 01/23/2018

         100        $ 143  

Banco Popular Espanol

           

4.000%, 10/18/2016

         100          144  

3.750%, 01/22/2019

         100          143  

Bankia

           

4.125%, 03/24/2036

         700          805  

FADE — Fondo de Amortizacion del Deficit Electrico

           

4.125%, 03/17/2017

         200          291  

2.250%, 12/17/2016

         700          967  

Ferrovial Emisiones MTN

           

3.375%, 06/07/2021

         475          656  

Government of Spain

           

5.850%, 01/31/2022

         370          579  

5.500%, 04/30/2021

         1,980          3,030  

4.850%, 10/31/2020

         1,740          2,581  

4.800%, 01/31/2024

         735          1,064  

4.750%, 07/30/2014

         925          1,302  

4.700%, 07/30/2041

         230          306  

4.500%, 01/31/2018

         750          1,112  

4.250%, 10/31/2016

         125          183  

4.100%, 07/30/2018

         150          219  

4.000%, 04/30/2020

         100          143  

3.300%, 10/31/2014

         475          664  

Government of Spain, Ser 1998-

           

6.000%, 01/31/2029

         465          732  

Santander International Debt MTN

           

4.625%, 03/21/2016

         700          1,030  

Telefonica Emisiones MTN

           

5.597%, 03/12/2020

    GBP           100          177  

4.375%, 02/02/2016

         375          549  

3.987%, 01/23/2023

         200          287  
           

 

 

 
              18,198  
           

 

 

 

Supra-National — 1.0%

           

European Financial Stability Facility

           

1.625%, 07/17/2020

         1,700          2,324  

European Investment Bank MTN

           

2.750%, 09/15/2021

    EUR           1,000          1,454  

1.375%, 09/15/2021

         575          760  
           

 

 

 
              4,538  
           

 

 

 

Sweden — 1.2%

           

Akzo Nobel Sweden Finance MTN

           

2.625%, 07/27/2022

    EUR           150          203  

Kingdom of Sweden

           

1.500%, 11/13/2023

         1,415          201  

Kingdom of Sweden Inflation Linked Bond

           

0.250%, 06/01/2022

         2,525          378  

Kingdom of Sweden, Ser 1051

           

3.750%, 08/12/2017

         4,870          820  

Kingdom of Sweden, Ser 1054

           

3.500%, 06/01/2022

         5,835          989  

Kingdom of Sweden, Ser 3105

           

3.500%, 12/01/2015

         4,224          700  

Nordea Bank MTN

           

4.500%, 03/26/2020

    EUR           225          338  

4.000%, 03/29/2021

    EUR           255          372  
Description             Face Amount(1)
(Thousands)
       Market Value
($ Thousands)
 

Skandinaviska Enskilda Banken MTN

           

4.000%, 09/12/2022 (B)

    EUR           190        $ 277  

1.875%, 11/14/2019

    EUR           175          239  

1.375%, 05/29/2018 (A)

    USD           300          292  

Swedbank Hypotek

           

1.125%, 05/07/2020

    EUR           100          134  

Telefonaktiebolaget LM Ericsson

           

4.125%, 05/15/2022

    USD           465          452  
           

 

 

 
              5,395  
           

 

 

 

Switzerland — 0.8%

           

Credit Suisse MTN

           

5.750%, 09/18/2025 (B)

    EUR           250          367  

4.750%, 08/05/2019

    EUR           400          631  

Government of Switzerland

           

2.000%, 04/28/2021

         1,070          1,303  

1.500%, 04/30/2042

         120          126  

Holcim US Finance Sarl & Cie SCS MTN

           

2.625%, 09/07/2020

    EUR           275          382  

UBS

           

6.625%, 04/11/2018

    GBP           150          289  

6.375%, 07/20/2016

    GBP           160          296  

4.280%, 04/29/2049 (B)

    EUR           200          278  
           

 

 

 
              3,672  
           

 

 

 

Thailand — 0.1%

           

Thailand Government Bond

           

3.650%, 12/17/2021

         16,020          484  
           

 

 

 

Turkey — 0.1%

           

Akbank

           

3.875%, 10/24/2017 (A)

    USD           380          370  

Turkiye Halk Bankasi

           

3.875%, 02/05/2020 (A)

    USD           400          350  
           

 

 

 
              720  
           

 

 

 

United Arab Emirates — 0.2%

           

Abu Dhabi National Energy

           

3.625%, 01/12/2023 (A)

    USD           400          372  

IPIC GMTN MTN

           

6.875%, 03/14/2026

    GBP           100          201  

5.875%, 03/14/2021

    EUR           125          204  
           

 

 

 
              777  
           

 

 

 

United Kingdom — 13.7%

           

AA Bond

           

4.720%, 07/02/2043

         500          859  

Abbey National Treasury Services MTN

           

5.500%, 06/18/2014

         775          1,309  

5.250%, 02/16/2029

         450          831  

5.125%, 04/14/2021

         300          554  

4.250%, 04/12/2021

    EUR           350          557  

3.625%, 09/08/2016

    EUR           300          445  

3.375%, 06/08/2015

    EUR           500          717  

1.750%, 01/15/2018

    EUR           525          725  

Anglian Water Services Financing, Ser A5 MTN

           

6.293%, 07/30/2030

         500          998  

Aviva MTN

           

6.875%, 05/22/2038 (B)

    EUR           195          305  

6.125%, 07/05/2043 (B)

    EUR           225          343  
 

 

22    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

Description          

Face Amount(1)

(Thousands)

      

Market Value

($ Thousands)

 

Bank of Scotland MTN

         

4.750%, 06/08/2022

    EUR         290        $ 480  

4.625%, 06/08/2017

    EUR         275          426  

Barclays Bank MTN

         

6.750%, 01/16/2023 (B)

       350          632  

6.625%, 03/30/2022

    EUR         200          324  

4.500%, 03/04/2019 (B)

    EUR         125          173  

4.250%, 01/12/2022

       250          438  

4.000%, 01/20/2017

    EUR         200          298  

BAT International Finance MTN

         

7.250%, 03/12/2024

       250          522  

5.375%, 06/29/2017

    EUR         425          667  

4.000%, 09/04/2026

       200          324  

Bishopsgate Asset Finance

         

4.808%, 08/14/2044

       186          275  

BP Capital Markets MTN

         

3.830%, 10/06/2017

    EUR         350          526  

2.994%, 02/18/2019

    EUR         300          436  

2.500%, 11/06/2022

    USD         400          364  

British American Tobacco Holdings MTN

         

4.000%, 07/07/2020

       100          152  

British Telecommunications

         

6.375%, 06/23/2037

       120          238  

5.750%, 12/07/2028

       236          433  

Bundesschatzanweisungen

         

2.875%, 09/11/2015

       296          276  

Centrica MTN

         

4.375%, 03/13/2029

       300          486  

4.250%, 09/12/2044

       200          303  

Channel Link Enterprises Finance

         

3.570%, 06/30/2050 (B)

    EUR         350          461  

Coventry Building Society MTN

         

4.625%, 04/19/2018

       230          416  

Direct Line Insurance Group

         

9.250%, 04/27/2042 (B)

       100          203  

Eastern Power Networks MTN

         

6.250%, 11/12/2036

       160          319  

ENW Finance MTN

         

6.125%, 07/21/2021

       350          666  

Eversholt Funding MTN

         

5.831%, 12/02/2020

       100          186  

Experian Finance MTN

         

4.750%, 02/04/2020

    EUR         425          662  

FCE Bank MTN

         

5.125%, 11/16/2015

       200          352  

4.825%, 02/15/2017

       200          356  

1.875%, 05/12/2016

    EUR         250          349  

1.625%, 09/09/2016

    EUR         100          139  

First Hydro Finance

         

9.000%, 07/31/2021

       220          471  

Firstgroup

         

5.250%, 11/29/2022

       350          588  

G4S International Finance MTN

         

2.625%, 12/06/2018

    EUR         500          688  

Gatwick Funding MTN

         

5.750%, 01/23/2037

       250          458  

Great Rolling Stock MTN

         

6.875%, 07/27/2035

       343          676  

6.250%, 07/27/2020

       300          568  

Heathrow Funding MTN

         

7.125%, 02/14/2024

       150          292  
Description            

Face Amount(1)

(Thousands)

      

Market Value

($ Thousands)

 

HJ Heinz Finance UK

           

6.250%, 02/18/2030

         115        $ 188  

HSBC Bank

           

4.125%, 08/12/2020

    USD           375          397  

HSBC Holdings MTN

           

6.500%, 05/20/2024

         250          496  

4.000%, 03/30/2022

    USD           145          149  

Imperial Tobacco Finance MTN

           

8.375%, 02/17/2016

    EUR           75          119  

7.750%, 06/24/2019

         600          1,200  

7.250%, 09/15/2014

    EUR           150          216  

Intu SGS Finance MTN

           

3.875%, 03/17/2023 (C)

         250          399  

Lloyds TSB Bank MTN

           

6.500%, 03/24/2020

    EUR           275          439  

4.625%, 02/02/2017

    EUR           420          637  

Mondi Finance MTN

           

3.375%, 09/28/2020

    EUR           250          350  

Motability Operations Group MTN

           

3.750%, 11/29/2017

    EUR           300          449  

National Westminster Bank

           

6.500%, 09/07/2021

         220          390  

Nationwide Building Society

           

4.625%, 02/08/2021

    EUR           550          900  

4.125%, 03/20/2023 (B)

    EUR           1,200          1,715  

3.125%, 10/13/2016

    EUR           175          257  

Network Rail Infrastructure Finance MTN

           

4.400%, 03/06/2016

    CAD           690          687  

Northern Rock

           

5.625%, 06/22/2017 (A)

    USD           1,750          1,972  

Northumbrian Water Finance

           

6.000%, 10/11/2017

         500          940  

RL Finance Bonds No. 2

           

6.125%, 11/30/2043 (B)

         100          164  

Rolls-Royce

           

6.750%, 04/30/2019

         100          197  

Royal Bank of Scotland

           

9.500%, 03/16/2022 (B)

    USD           200          234  

6.934%, 04/09/2018

    EUR           300          469  

5.500%, 03/23/2020

    EUR           200          321  

5.125%, 01/13/2024

         400          736  

Scottish Widows

           

5.500%, 06/16/2023

         150          249  

Severn Trent Utilities Finance

           

6.250%, 06/07/2029

         350          695  

Standard Chartered MTN

           

4.000%, 07/12/2022 (B)

    USD           390          395  

Standard Life MTN

           

5.500%, 12/04/2042 (B)

         250          424  

5.314%, 01/06/2049 (B)

         230          323  

Tesco MTN

           

6.125%, 02/24/2022

         300          563  

6.000%, 12/14/2029

         100          183  

United Kingdom Gilt

           

4.500%, 12/07/2042

         2,015          3,860  

4.250%, 06/07/2032

         180          328  

4.250%, 12/07/2055

         55          104  

3.500%, 07/22/2068

         390          630  

3.250%, 01/22/2044

         270          412  

2.250%, 09/07/2023

         1,750          2,709  

1.750%, 09/07/2022

         1,435          2,171  
 

 

23    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

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

1.250%, 07/22/2018

         955        $ 1,538  

1.000%, 09/07/2017

         575          935  

United Kingdom Treasury

           

4.750%, 12/07/2030

         1,240          2,388  

4.750%, 12/07/2038

         290          570  

4.250%, 03/07/2036

         325          591  

4.250%, 09/07/2039

         885          1,616  

2.000%, 01/22/2016

         533          905  

1.750%, 01/22/2017

         1,670          2,810  

Virgin Media Secured Finance

           

7.000%, 01/15/2018

         180          309  

Voyage Care Bondco

           

6.500%, 08/01/2018

         150          256  

Wales & West Utilities Finance MTN

           

6.750%, 12/17/2036 (B)

         200          379  

Western Power Distribution South West

           

5.750%, 03/23/2040

         200          380  

William Hill

           

7.125%, 11/11/2016

         100          187  

WPP Finance MTN

           

3.000%, 11/20/2023

         123          168  

Yorkshire Power Finance

           

7.250%, 08/04/2028

         208          424  

Yorkshire Water Services Bradford Finance

           

6.375%, 08/19/2039

         100          208  
           

 

 

 
              63,997  
           

 

 

 

United States — 6.3%

           

21st Century Fox America

           

4.500%, 02/15/2021

         75          80  

4.000%, 10/01/2023 (A)

         59          58  

3.000%, 09/15/2022

         111          104  

AbbVie

           

4.400%, 11/06/2042

         90          84  

2.900%, 11/06/2022

         255          238  

1.750%, 11/06/2017

         49          49  

Aetna

           

2.750%, 11/15/2022

         165          152  

Altria Group

           

4.750%, 05/05/2021

         180          193  

4.250%, 08/09/2042

         265          226  

American International Group

           

8.175%, 05/15/2058 (B)

         240          290  

5.850%, 01/16/2018

         245          281  

American Tower

           

3.400%, 02/15/2019 (C)

         390          397  

AT&T

           

5.875%, 04/28/2017

    GBP           200          369  

4.875%, 06/01/2044

    GBP           230          371  

Bank of America MTN

           

1.875%, 01/10/2019

         280          383  

Barrick North America Finance

           

4.400%, 05/30/2021

         189          182  

Bristol-Myers Squibb

           

2.000%, 08/01/2022

         670          593  

Chevron

           

2.355%, 12/05/2022

         810          737  

Citigroup

           

5.875%, 01/30/2042

         75          84  

5.000%, 08/02/2019

    EUR           230          364  
Description             Face Amount(1)
(Thousands)
       Market Value
($ Thousands)
 

4.450%, 01/10/2017

         250        $ 271  

4.250%, 02/25/2030 (B)

    EUR           1,000          1,352  

Denbury Resources

           

4.625%, 07/15/2023

         255          230  

DISH DBS

           

5.000%, 03/15/2023

         240          224  

Dollar General

           

3.250%, 04/15/2023

         400          368  

Dover MTN

           

2.125%, 12/01/2020

         250          339  

Eagle Spinco

           

4.625%, 02/15/2021 (A)

         48          47  

General Electric

           

2.700%, 10/09/2022

         320          300  

General Electric Capital MTN

           

5.500%, 01/08/2020

         305          349  

5.300%, 02/11/2021

         205          229  

4.625%, 01/07/2021

         750          818  

Glencore Funding

           

4.125%, 05/30/2023 (A)

         250          234  

Goldman Sachs Group

           

6.375%, 05/02/2018

    EUR           400          652  

5.250%, 07/27/2021

         45          49  

3.250%, 02/01/2023

    EUR           400          556  

2.625%, 08/19/2020

    EUR           350          482  

HCA

           

7.500%, 02/15/2022

         210          231  

Intelsat Jackson Holdings

           

5.500%, 08/01/2023 (A)

         240          228  

International Business Machines MTN

           

1.375%, 11/19/2019

    EUR           250          334  

John Deere Bank MTN

           

1.500%, 07/16/2018

         250          344  

JPMorgan Chase MTN

           

2.625%, 04/23/2021

         550          766  

0.627%, 10/12/2015 (B)

    EUR           350          477  

JPMorgan Chase Bank

           

0.907%, 05/31/2017 (B)

    EUR           1,250          1,702  

Kroger

           

3.400%, 04/15/2022

         33          32  

Macy’s Retail Holdings

           

3.875%, 01/15/2022

         164          162  

MCE Finance

           

5.000%, 02/15/2021 (A)

         250          244  

Merrill Lynch MTN

           

0.774%, 09/14/2018 (B)

    EUR           375          485  

MetroPCS Wireless

           

6.625%, 04/01/2023 (A)

         230          238  

Metropolitan Life Global Funding I MTN

           

4.625%, 05/16/2017

    EUR           200          306  

Mondelez International

           

2.375%, 01/26/2021

         400          545  

1.125%, 01/26/2017

         650          894  

Morgan Stanley MTN

           

5.375%, 08/10/2020

    EUR           150          241  

3.750%, 09/21/2017

    EUR           350          516  

Motorola Solutions

           

3.500%, 03/01/2023

         178          165  

Nabors Industries

           

5.100%, 09/15/2023 (A)

         280          280  
 

 

24    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

Description          

Face Amount(1)

(Thousands)

    

Market Value

($ Thousands)

 

NASDAQ OMX Group

       

3.875%, 06/07/2021

    EUR         400      $ 567  

NBCUniversal Media

       

4.375%, 04/01/2021

       90        95  

Noble Holding International

       

4.900%, 08/01/2020

       25        26  

Offshore Group Investment

       

7.125%, 04/01/2023

       218        222  

Oracle MTN

       

2.250%, 01/10/2021

    EUR         158        219  

Owens Corning

       

6.500%, 12/01/2016

       145        161  

Philip Morris International

       

2.900%, 11/15/2021

       325        310  

2.875%, 05/30/2024

    EUR         100        137  

2.125%, 05/30/2019

    EUR         100        139  

PNC Funding

       

5.125%, 02/08/2020

       300        337  

3.300%, 03/08/2022

       150        147  

Principal Financial Group

       

1.850%, 11/15/2017

       175        173  

Procter & Gamble

       

2.000%, 11/05/2021

       150        203  

Proctor and Gamble

       

2.000%, 08/16/2022

    EUR         200        267  

ProLogis

       

3.000%, 01/18/2022

       450        611  

Prudential Financial

       

5.625%, 06/15/2043 (B)

       545        534  

Rabobank Capital Funding Trust IV

       

5.556%, 12/31/2019 (B)

    GBP         153        260  

Regency Energy Partners

       

4.500%, 11/01/2023

       72        66  

Republic Services

       

4.750%, 05/15/2023

       155        161  

Reynolds American

       

3.250%, 11/01/2022

       361        333  

Ryder System MTN

       

5.850%, 11/01/2016

       116        129  

SABMiller Holdings

       

3.750%, 01/15/2022 (A)

       400        402  

Sealed Air

       

5.250%, 04/01/2023 (A)

       240        233  

Simon Property Group

       

2.375%, 10/02/2020 (C)(D)

    EUR         400        551  

Sirius XM Radio

       

4.625%, 05/15/2023 (A)

       254        230  

Societe Generale

       

5.922%, 04/05/2017 (A)(B)

       180        188  

Sprint

       

7.875%, 09/15/2023 (A)

       230        247  

Sun Merger Sub

       

5.875%, 08/01/2021 (A)

       153        157  

Transocean

       

2.500%, 10/15/2017

       173        175  

UBS MTN

       

5.875%, 12/20/2017

    USD         247        283  

United Technologies

       

1.800%, 06/01/2017

       201        204  

UnitedHealth Group

       

2.750%, 02/15/2023

       120        110  
Description            

Face Amount(1)

(Thousands)

      

Market Value

($ Thousands)

 

WellPoint

           

4.650%, 01/15/2043

         110        $ 102  

2.300%, 07/15/2018

         150          149  

Wells Fargo MTN

           

4.600%, 04/01/2021

         75          82  

3.500%, 03/08/2022

         235          235  

2.625%, 08/16/2022

    EUR           400          552  

Williams Partners

           

5.250%, 03/15/2020

         89          97  

Windstream

           

7.500%, 04/01/2023

         255          256  

Wynn Las Vegas

           

5.375%, 03/15/2022

         235          237  
           

 

 

 
              29,512  
           

 

 

 

Total Global Bonds
(Cost $435,434) ($ Thousands)

              437,600  
           

 

 

 

MORTGAGE-BACKED SECURITIES — 2.1%

  

Agency Mortgage-Backed Obligation — 0.0%

  

    

FHLMC, Ser K501, Cl X1A, IO

           

1.875%, 08/25/2016 (B)(E)

         318          10  
           

 

 

 

Non-Agency Mortgage-Backed Obligation — 2.1%

  

    

Banc of America Merrill Lynch Commercial Mortgage, Ser 2005-6, Cl A4

           

5.357%, 09/10/2047 (B)

         130          138  

BB-UBS Trust, Ser 2012-SHOW, Cl A

           

3.430%, 11/05/2036 (A)

         100          92  

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

           

5.244%, 09/25/2034 (A)(B)

         113          110  

Bear Stearns Commercial Mortgage Securities, Ser 2005-PWR8, Cl A4

           

4.674%, 06/11/2041

         49          51  

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

           

5.611%, 03/11/2039 (B)

         250          269  

Bear Stearns Commercial Mortgage Securities, Ser 2006-T22, Cl A4

           

5.764%, 04/12/2038 (B)

         125          135  

Bear Stearns Commercial Mortgage Securities, Ser 2006-T24, Cl A4

           

5.537%, 10/12/2041

         225          246  

Bear Stearns Commercial Mortgage Securities, Ser 2007-PW16, Cl A4

           

5.898%, 06/11/2040 (B)

         241          270  

Bear Stearns Commercial Mortgage Securities, Ser 2007-PW17, Cl A4

           

5.694%, 06/11/2050 (B)

         110          123  
 

 

25    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

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

Bear Stearns Commercial Mortgage Securities, Ser 2007-T26, Cl A4

      

5.471%, 01/12/2045 (B)

    66        $ 73  

Bear Stearns Commercial Mortgage Securities, Ser PW10, Cl A4

      

5.405%, 12/11/2040 (B)

    105          111  

CD Mortgage Trust, Ser 2007-CD5, Cl A4

      

5.886%, 11/15/2044 (B)

    127          143  

Citigroup Commercial Mortgage Trust, Ser 2006-C4, Cl A3

      

5.778%, 03/15/2049 (B)

    110          119  

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

      

6.336%, 12/10/2049 (B)

    570          645  

Citigroup Commerical Trust, Ser 2013-GC15, Cl C

      

5.108%, 09/10/2046 (B)

    35          36  

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

      

2.635%, 05/25/2035 (A)(B)

    670          639  

Citigroup, Ser 2007-CD4, Cl A4

      

5.322%, 12/11/2049

    50          55  

COMM Mortgage Trust,
Ser 2013-CR7, Cl A4

      

3.213%, 03/10/2046

    90          86  

COMM Mortgage Trust,
Ser 2013-CR8, Cl A4

      

3.334%, 06/10/2046

    130          125  

COMM Mortgage Trust,
Ser 2013-CR9, Cl A3

      

4.022%, 07/10/2045

    50          51  

Commercial Mortgage Loan Trust, Ser 2008-LS1, Cl A4B

      

6.207%, 12/10/2049 (B)

    110          122  

Credit Suisse First Boston Mortgage Securities, Ser 2005-C2, Cl A4

      

4.832%, 04/15/2037

    90          94  

Credit Suisse First Boston Mortgage Securities, Ser C2, Cl AMFX

      

4.877%, 04/15/2037

    85          85  

CW Capital Cobalt, Ser 2006-C1, Cl A4

      

5.223%, 08/15/2048

    50          54  

Eddystone Finance, Ser 2006-1, Cl A2

      

1.042%, 04/19/2021 (B)(E)

    137          222  

FNMA Connecticut Avenue Securities, Ser 2013-C01, Cl M1

      

2.165%, 10/25/2023 (A)(B)

    146          147  

Fosse Master Issuer, Ser 2011-1X, Cl A3

      

1.917%, 10/18/2054 (A)(B)

    214          357  

FREMF Mortgage Trust,
Ser 2012-K19, Cl B

      

4.176%, 05/25/2045 (A)(B)

    20          19  
Description   Face Amount(1)
(Thousands)
       Market Value
($ Thousands)
 

FREMF Mortgage Trust,
Ser 2012-K20, Cl C

      

3.869%, 05/25/2045 (A)(B)

    20        $ 17  

FREMF Mortgage Trust,
Ser 2012-K20, Cl B

      

3.869%, 05/25/2045 (A)(B)

    60          54  

FREMF Mortgage Trust,
Ser 2013-K31, Cl C

      

3.738%, 07/25/2046

    30          25  

FREMF Mortgage Trust,
Ser 2013-K35, Cl C

      

3.947%, 12/25/2041

    35          29  

GMAC Commercial Mortgage Securities Trust, Ser 2006-C1, Cl A4

      

5.238%, 11/10/2045 (B)

    70          74  

Granite Master Issuer, Ser 2005-1, Cl A5

      

0.425%,
12/20/2054 (A)(B)(E)

    131          178  

Granite Master Issuer, Ser 2006-2, Cl A5

      

0.323%,
12/20/2054 (A)(B)(E)

    258          352  

Greenwich Capital Commercial Funding, Ser 2006-GG7, Cl A4

      

5.820%, 07/10/2038 (B)

    29          32  

Greenwich Capital Commercial Funding, Ser 2007-GG11, Cl A4

      

5.736%, 12/10/2049

    165          184  

Greenwich Capital Commercial Funding, Ser 2007-GG9, Cl AM

      

5.475%, 03/10/2039

    370          394  

GS Mortgage Securities II, Ser 2005-ROCK, Cl A

      

5.366%, 05/03/2032 (A)

    50          55  

GS Mortgage Securities II, Ser 2012-GCJ7, Cl A4

      

3.377%, 05/10/2045

    60          60  

GS Mortgage Securities II, Ser 2012-GCJ9, Cl A3

      

2.773%, 11/10/2045

    125          116  

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

      

4.880%, 01/25/2035 (A)(B)

    202          202  

JPMorgan Chase Commercial Mortgage Securities,
Ser 2005-CB13, Cl A4

      

5.418%, 01/12/2043 (B)

    85          90  

JPMorgan Chase Commercial Mortgage Securities,
Ser 2005-CIBC11, Cl A4

      

5.335%, 08/12/2037 (B)

    143          149  

JPMorgan Chase Commercial Mortgage Securities,
Ser 2006-LDP8, Cl A4

      

5.399%, 05/15/2045

    60          65  
 

 

26    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

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

JPMorgan Chase Commercial Mortgage Securities,
Ser 2008-C2, Cl A4FL

      

1.669%, 02/12/2051 (B)

    220        $ 209  

JPMorgan Chase Commercial Mortgage Securities,
Ser 2012-C8, Cl A3

      

2.829%, 10/15/2045

    90          85  

JPMorgan Chase Commercial Mortgage Securities,
Ser 2012-C8, Cl E

      

4.824%, 10/15/2045 (A)(B)

    100          89  

JPMorgan Mortgage Trust,
Ser 2004-A5, Cl 3A1

      

4.887%, 12/25/2034 (A)(B)

    142          141  

LB-UBS Commercial Mortgage Trust, Ser 2005-C5, Cl A4

      

4.954%, 09/15/2030

    144          151  

LB-UBS Commercial Mortgage Trust, Ser 2007-C2, Cl A3

      

5.430%, 02/15/2040

    199          219  

LB-UBS Commercial Mortgage Trust, Ser 2007-C7, Cl A3

      

5.866%, 09/15/2045 (B)

    65          72  

LB-UBS Commercial Mortgage Trust, Ser 2008-C1, Cl A2

      

6.320%, 04/15/2041 (B)

    51          58  

Merrill Lynch Mortgage Trust,
Ser 2005-CIP1, Cl A4

      

5.047%, 07/12/2038 (B)

    125          132  

Merrill Lynch Mortgage Trust,
Ser 2005-CKI1, Cl A6

      

5.456%, 11/12/2037 (B)

    113          120  

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

      

5.291%, 01/12/2044 (B)

    89          95  

Morgan Stanley Capital I Trust,
Ser 2005-HQ6, Cl A4A

      

4.989%, 08/13/2042

    166          173  

Morgan Stanley Capital I Trust,
Ser 2006-T21, Cl A4

      

5.162%, 10/12/2052 (B)

    175          187  

Morgan Stanley Re-REMIC Trust,
Ser 2010-GG10, Cl A4A

      

5.994%, 08/15/2045 (A)(B)

    100          109  

Silverstone Master Issuer,
Ser 2009-1, Cl A2

      

1.967%, 01/21/2055 (A)(B)

    300          501  

UBS-Barclays Commercial Mortgage Trust, Ser 2013-C5, Cl A4

      

3.187%, 03/10/2046

    270          258  

UBS-Barclays Commercial Mortgage Trust, Ser 2013-C6, Cl A3

      

2.971%, 04/10/2046

    70          66  

VNO Mortgage Trust,
Ser 2012-6AVE, Cl A

      

2.996%, 11/15/2030 (A)

    105          98  
Description   Face Amount(1)
(Thousands)
       Market Value
($ Thousands)
 

Wachovia Bank Commercial Mortgage Trust, Ser 2006-C23, Cl A4

      

5.418%, 01/15/2045 (B)

    27        $ 29  

Wells Fargo Commercial Mortgage Trust, Ser 2012-LC5, Cl D

      

4.938%, 10/15/2045 (A)(B)

    10          9  

WFRBS Commercial Mortgage Trust, Ser 2011-C4, Cl A4

      

4.902%, 06/15/2044 (A)(B)

    175          190  

WFRBS Commercial Mortgage Trust, Ser 2013-C12, Cl C

      

4.424%, 03/15/2048 (B)

    10          10  

WFRBS Commercial Mortgage Trust, Ser 2013-C12, Cl A4

      

3.198%, 03/15/2048

    60          57  

WFRBS Commerical Mortgage Trust, Ser 2013-C15, Cl A3

      

3.881%, 08/15/2046

    70          70  
      

 

 

 
         9,821  
      

 

 

 

Total Mortgage-Backed Securities
(Cost $9,862) ($ Thousands)

         9,831  
      

 

 

 

CORPORATE OBLIGATIONS — 1.4%

  

United States — 1.4%

      

American Equity Investment Life Holding

      

6.625%, 07/15/2021

    144          150  

Anadarko Petroleum

      

6.375%, 09/15/2017

    330          379  

Bank of America MTN

      

5.000%, 05/13/2021

    175          191  

BE Aerospace

      

5.250%, 04/01/2022

    123          125  

Cimarex Energy

      

5.875%, 05/01/2022

    116          123  

CMS Energy

      

5.050%, 03/15/2022

    140          151  

CNA Financial

      

7.250%, 11/15/2023

    110          132  

6.500%, 08/15/2016

    40          45  

Dana Holding

      

5.375%, 09/15/2021

    143          143  

Duke Realty

      

6.750%, 03/15/2020 (C)

    140          162  

Enterprise Products Operating

      

5.950%, 02/01/2041

    100          109  

General Electric Capital MTN

      

5.550%, 05/04/2020

    45          52  

2.375%, 06/30/2015

    150          154  

Humana

      

7.200%, 06/15/2018

    280          331  

Kinder Morgan Energy Partners

      

6.850%, 02/15/2020

    104          124  

3.500%, 09/01/2023

    171          157  

2.650%, 02/01/2019

    86          85  

Lincoln National

      

8.750%, 07/01/2019

    128          165  

McGraw Hill Financial

      

5.900%, 11/15/2017

    325          353  
 

 

27    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

Description  

Face Amount(1)

(Thousands)

       Market Value
($ Thousands)
 

Morgan Stanley

      

3.450%, 11/02/2015

    125        $ 130  

Motorola Solutions

      

7.500%, 05/15/2025

    85          101  

Noble Energy

      

8.250%, 03/01/2019

    250          311  

PNC Bank

      

2.700%, 11/01/2022

    445          403  

Prudential Financial MTN

      

6.100%, 06/15/2017

    125          142  

Ryder System MTN

      

7.200%, 09/01/2015

    108          119  

SLM MTN

      

5.500%, 01/15/2019

    433          449  

Smithfield Foods

      

6.625%, 08/15/2022

    44          47  

Time Warner

      

4.875%, 03/15/2020

    150          164  

Time Warner Cable

      

7.500%, 04/01/2014

    385          391  

Total System Services

      

2.375%, 06/01/2018

    236          230  

Union Electric

      

6.700%, 02/01/2019

    45          54  

Viacom

      

6.125%, 10/05/2017

    325          368  

Wachovia Capital Trust III

      

5.570%, 12/31/2049 (B)

    385          352  

Williams Partners

      

4.000%, 11/15/2021

    150          148  
      

 

 

 

Total Corporate Obligations
(Cost $6,277) ($ Thousands)

         6,540  
      

 

 

 

U.S. TREASURY OBLIGATIONS — 0.5%

      

U.S. Treasury Inflation Protected Securities

      

0.375%, 07/15/2023

    $828          798  

U.S. Treasury Bonds

      

3.125%, 02/15/2043

        850          728  

U.S. Treasury Notes

      

2.000%, 02/15/2022

    760          721  
      

 

 

 

Total U.S. Treasury Obligations
(Cost $2,491) ($ Thousands)

         2,247  
      

 

 

 

ASSET-BACKED SECURITIES — 0.3%

      

Automotive — 0.2%

      

Bavarian Sky, Ser 2013-GER1, Cl A

      

0.485%, 06/20/2020 (B)

    620          855  
      

 

 

 
Description  

Face Amount(1)

(Thousands)

      

Market Value

($ Thousands)

 

Other Asset-Backed Securities — 0.1%

      

Volta Electricity Receivables,
Ser 2013-1, Cl SNR

      

4.172%, 02/16/2017

    262        $ 359  
      

 

 

 

Total Asset-Backed Securities
(Cost $1,143) ($ Thousands)

         1,214  
      

 

 

 

Total Investments — 98.2%
(Cost $455,207) ($ Thousands)§

       $ 457,432  
      

 

 

 

A list of the open futures contracts held by the Fund at December 31, 2013, is as follows:

 

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

10YR MINI JGB

       4           Mar-2014         $ (2

Australian 3-Year Bond

       14           Mar-2014             

Canadian 10-Year Bond

       9           Mar-2014           (14

Euro-Bobl

       71           Mar-2014           (87

Euro-BTP

       1           Mar-2014           1   

Euro-Bund

       (52        Mar-2014           81   

Euro-Buxl 30 Year Bond

       33           Mar-2014           (65

Euro-Schatz

       42           Mar-2014           (6

Euro-OAT

       11           Mar-2014           (24

Japanese 10-Year Bond

       4           Mar-2014           (31

Long Gilt 10-Year Bond

       (4        Mar-2014           15   

U.S. 10-Year Treasury Note

       (86        Mar-2014           171   

U.S. 2-Year Treasury Note

       (74        Mar-2014           33   

U.S. 5-Year Treasury Note

       (176        Mar-2014           271   

U.S. Long Treasury Bond

       (40        Mar-2014           74   

U.S. Ultra Long Treasury Bond

       (4        Mar-2014           7   
              

 

 

 
               $ 424   
              

 

 

 

For the period ended December 31, 2013, 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.

 

 

28    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

A list of the open forward foreign currency contracts held by the Fund at December 31, 2013, is as follows:

 

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

01/02/2014-02/05/2014

    EUR        229,304        USD        313,445      $ (2,500

01/06/2014

    USD        4,431        DKK        23,974        (3

01/06/2014-01/17/2014

    USD        2,506        AUD        2,815        11   

01/06/2014-01/17/2014

    USD        6,328        CAD        6,745        20   

01/06/2014-01/24/2014

    USD        35,881        JPY        3,767,007        (39

01/06/2014-01/30/2014

    USD        23,549        GBP        14,298        132   

01/06/2014-02/05/2014

    CAD        28,266        USD        26,591        (4

01/06/2014-02/05/2014

    DKK        59,876        USD        10,973        (89

01/06/2014-02/05/2014

    GBP        46,469        USD        75,938        (1,009

01/06/2014-02/05/2014

    JPY        12,416,470        USD        120,682        2,528   

01/06/2014-02/05/2014

    NZD        8,535        USD        6,956        (59

01/06/2014-02/05/2014

    USD        99,178        EUR        71,936        (56

01/06/2014-02/07/2014

    AUD        19,003        USD        17,076        107   

01/06/2014-02/14/2014

    USD        4,169        NZD        5,094        20   

01/07/2014-01/17/2014

    USD        2,112        SEK        13,786        34   

01/07/2014-02/05/2014

    SEK        39,448        USD        5,995        (147

01/10/2014-01/17/2014

    PLN        7,113        USD        2,289        (67

01/17/2014

    CHF        2,642        USD        2,889        (83

01/17/2014

    CLP        247,500        USD        471          

01/17/2014

    CZK        8,436        USD        417        (7

01/17/2014

    ILS        777        USD        218        (6

01/17/2014

    KRW        2,433,361        USD        2,286        (19

01/17/2014

    NOK        4,721        USD        771        (7

01/17/2014

    SGD        1,291        USD        1,033        10   

01/17/2014

    THB        16,305        USD        509        13   

01/17/2014

    USD        79        CHF        70          

01/17/2014

    USD        232        CLP        124,100        4   

01/17/2014

    ZAR        10,836        USD        1,060        28   

01/17/2014-03/14/2014

    USD        416        MXN        5,442        (1

01/17/2014-06/24/2014

    MXN        47,067        USD        3,595        15   

01/21/2014

    MYR        1,470        USD        456        8   
         

 

 

 
          $ (1,166
         

 

 

 

A list of the outstanding forward foreign currency contracts held by the Fund at December 31, 2013, is as follows:

 

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

Bank of America

       (4,146        4,052         $ (94

Bank of Montreal

       (7,152        7,191           39   

BNP Paribas

       (19,469        19,126           (343

Brown Brothers Harriman

       (176,384        175,780           (604

Citigroup

       (341,485        341,163           (322

Commonwealth Associates

       (58        58             

Credit Suisse First Boston

       (804        804             

Deutsche Bank

       (2,408        2,435           27   

Goldman Sachs

       (32,741        33,273           532   

HSBC

       (2,903        2,904           1   

JPMorgan Chase Bank

       (75,138        73,879           (1,259

National Australia Bank

       (611        611             

National Australia Capital Markets

       (832        843           11   

RBC

       (25,454        26,404           950   

Royal Bank of Canada

       (9,144        9,120           (24

Royal Bank of Scotland

       (4,582        4,538           (44

Standard Bank

       (409        410           1   

State Street

       (5,037        5,154           117   

TD Securities

       (257        257             

UBS

       (63,999        63,854           (145

Westpac Banking

       (806        797           (9
              

 

 

 
               $ (1,166
              

 

 

 

For the period ended December 31, 2013, 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.

 

 

29    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

International Fixed Income Fund

December 31, 2013

 

A list of the open OTC swap agreements held by the Fund at December 31, 2013, is as follows:

 

Interest Rate Swaps  
Counterparty    Fund Pays   Fund Receives   Termination
Date
   Currency      Notional
Amount
(Thousands)
     Net Unrealized
Appreciation
(Depreciation)
($ Thousands)
 
Citibank    1.99%   6-Month EURIBOR   11/21/2023      EUR         5,500       $ 67   
Citibank    2.83%   3-Month US LIBOR   08/08/2023      USD         6,000         37   
Citigroup    3.79%   6-Month GBP LIBOR   05/19/2019      GBP         2,500         (349
JPMorgan Chase Bank    6-Month EURIBOR   1.56%   11/28/2033      JPY         600,000         (123
JPMorgan Chase Bank    1.49%   6-Month EURIBOR   09/12/2018      EUR         7,000         (136
               

 

 

 
                $ (504
               

 

 

 

For the period ended December 31, 2013, the total amount of all swap agreements, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

 

Percentages are based on a Net Assets of $465,960 ($ Thousands).

 

(1)   In local currency unless otherwise indicated.

 

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

 

(B)   Variable Rate Security — The rate reported on the Schedule of Investments is the rate in effect as of December 31, 2013.

 

(C)   Real Estate Investment Trust.

 

(D)   Security is when-issued.

 

(E)   Securities considered illiquid. The total market value of such securities as of December 31, 2013 was $762 ($ Thousands) and represented 0.2% of Net Assets.

 

(F)   Security, or portion thereof, has been pledged as collateral on open swap agreements.

 

§   At December 31, 2013, the tax basis cost of the Fund’s investments was $455,207 ($ Thousands), and the unrealized appreciation and depreciation were $18,333 ($ Thousands) and ($16,108) ($ Thousands), respectively.

 

AUD   — Australian Dollar
CAD   — Canadian Dollar
CHF   — Swiss Franc
CLP   — Chilean Peso
CZK   — Czech Koruna
Cl   — Class
DKK   — Danish Krone
EUR   — Euro
EURIBOR   — Euro London Interbank Offered Rate
FHLMC   — Federal Home Loan Mortgage Corporation
GBP   — British Pound Sterling
ILS   — Israeli Shekel
IO   — Interest Only
JPY   — Japanese Yen
KRW   — Korean Won
LIBOR   — London Interbank Offered Rate
MTN   — Medium Term Note
MXN   — Mexican Peso
MYR   — Malaysian Ringgit
NOK   — Norwegian Krone
NZD   — New Zealand Dollar
OTC   — Over the Counter
PLC   — Public Limited Company
PLN   — Polish Zlotty
SEK   — Swedish Krone
Ser   — Series
SGD   — Singapore Dollar
THB   — Thai Baht
USD   — U.S. Dollar
ZAR   — South African Rand

The following is a list of the level of inputs used as of December 31, 2013, in valuing the Fund’s investments carried at value ($ Thousands):

 

Investments in Securities   Level 1     Level 2     Level 3     Total  

Global Bonds

  $     $ 437,600     $     $ 437,600  

Mortgage-Backed Securities

          9,831             9,831  

Corporate Obligations

          6,540             6,540  

U.S. Treasury Obligations

          2,247             2,247  

Asset-Backed Securities

          1,214             1,214  
 

 

 

   

 

 

   

 

 

   

 

 

 

Total Investments in Securities

  $     $ 457,432     $     $ 457,432  
 

 

 

   

 

 

   

 

 

   

 

 

 

 

Other Financial Instruments   Level 1     Level 2     Level 3     Total  

Futures Contracts*

       

Unrealized Appreciation

  $ 653     $  —     $     $ 653  

Unrealized Depreciation

    (229                 (229

Forwards Contracts*

       

Unrealized Appreciation

          2,930             2,930  

Unrealized Depreciation

          (4,096           (4,096

OTC Swaps

       

Interest Rate Swaps*

       

Unrealized Appreciation

          104             104  

Unrealized Depreciation

          (608           (608
 

 

 

   

 

 

   

 

 

   

 

 

 

Total Other Financial Instruments

  $ 424     $ (1,670   $     $ (1,246
 

 

 

   

 

 

   

 

 

   

 

 

 

 

*   Futures contracts, forwards contracts, and swap contracts are valued at the net unrealized appreciation/(depreciation) on the instrument.

For the period ended December 31, 2013, there were no transfers between Level 1 and Level 2 assets and liabilities.

For the period ended December 31, 2013, there were no transfers between Level 2 and Level 3 assets and liabilities.

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

For information on 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.

 

 

30    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

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

GLOBAL BONDS — 92.8%

           

Argentina — 0.1%

           

City of Buenos Aires Argentina

           

9.950%,
03/01/2017 (A)(B)

         1,200        $ 1,200  
           

 

 

 

Armenia — 0.1%

           

Republic of Armenia

           

6.000%, 09/30/2020

         1,500          1,489  
           

 

 

 

Azerbaijan — 0.2%

           

State Oil of the Azerbaijan Republic

           

5.450%, 02/09/2017

         1,312          1,395  

4.750%, 03/13/2023

         1,153          1,087  
           

 

 

 
              2,482  
           

 

 

 

Belarus — 0.3%

           

Republic of Belarus

           

8.950%, 01/26/2018

         1,760          1,765  

8.750%, 08/03/2015

         1,130          1,141  
           

 

 

 
              2,906  
           

 

 

 

Bermuda — 0.2%

           

Government of Bermuda

           

4.854%, 02/06/2024

         1,680          1,685  

4.138%,
01/03/2023 (B)

         820          784  
           

 

 

 
              2,469  
           

 

 

 

Bolivia — 0.0%

           

Government of Bolivia

           

5.950%, 08/22/2023

         380          374  

4.875%, 10/29/2022 (B)

         250          238  
           

 

 

 
              612  
           

 

 

 

Bosnia and Herzegovina — 0.1%

           

Republic of Bosnia & Herzegovina

           

2.063%,
12/11/2017 (A)(C)

    DEM           1,275          719  
           

 

 

 

Brazil — 9.6%

           

Andrade Gutierrez International

           

4.000%, 04/30/2018

         200          189  

Banco do Brasil

           

3.875%, 10/10/2022

         109          95  

Banco Nacional de Desenvolvimento Economico e Social

           

6.500%,
06/10/2019 (B)

         660          716  

5.750%, 09/26/2023

         280          276  

5.500%,
07/12/2020 (B)

         400          408  

BR Malls International Finance

           

8.500%,
12/31/2049 (B)

         45          46  

Braskem Finance

           

7.375%, 10/04/2049

         200          188  

Brazil Letras do Tesouro Nacional

           

10.546%,
01/01/2017 (D)

    BRL           36,704          10,956  

10.542%,
01/01/2015* (D)

    BRL           7,890          3,019  
Description             Face Amount(1)
(Thousands)
       Market Value
($ Thousands)
 

0.000%, 01/01/2016 (D)

    BRL           20,010        $ 6,790  

Brazil Loan Trust 1

           

5.477%,
07/24/2023 (B)

         2,344          2,361  

Brazil Notas do Tesouro Nacional, Ser B

           

10.442%, 08/15/2020

    BRL           4,385          4,319  

Brazil Notas do Tesouro Nacional

           

10.000%, 01/01/2017

    BRL           28,310          11,338  

Brazil Notas do Tesouro Nacional, Serie F

           

10.000%, 01/01/2018

    BRL           8,530          3,297  

10.000%, 01/01/2021

    BRL           18,952          6,964  

10.000%, 01/01/2023

    BRL           64,133          22,895  

Caixa Economica Federal

           

4.500%, 10/03/2018

         250          248  

Centrais Eletricas Brasileiras

           

5.750%, 10/27/2021

         200          194  

Cielo

           

3.750%, 11/16/2022

         200          178  

Cosan

           

5.000%,
03/14/2023 (B)

         200          174  

Federal Republic of Brazil

           

10.250%, 01/10/2028

    BRL           1,440          591  

10.125%, 05/15/2027

         850          1,254  

10.125%, 05/15/2027

         2,292          3,381  

8.875%, 04/15/2024

         400          533  

8.500%, 01/05/2024

    BRL           2,922          1,084  

8.250%, 01/20/2034

         3,886          4,964  

7.125%, 01/20/2037

         5,169          5,919  

5.875%, 01/15/2019

         369          413  

4.875%, 01/22/2021

         1,909          2,014  

4.250%, 01/07/2025

         3,434          3,271  

2.625%,
01/05/2023 (E)

         8,871          7,629  

General Shopping Finance

           

10.000%,
12/31/2049 (B)

         93          82  

Globo Comunicacao e Participacoes

           

6.250%,
07/20/2015 (F)

         147          153  

Hypermarcas

           

6.500%,
04/20/2021 (B)

         224          235  

Itau Unibanco Holding

           

5.650%,
03/19/2022 (B)

         200          193  

JBS Finance II

           

8.250%, 01/29/2018

         370          388  

8.250%,
01/29/2018 (B)

         350          368  

Marfrig Holding Europe

           

9.875%, 07/24/2017

         500          494  

8.375%, 05/09/2018

         910          846  

Minerva Luxembourg

           

12.250%,
02/10/2022 (B)

         650          748  

7.750%, 01/31/2023

         300          298  

7.750%,
01/31/2023 (B)

         261          259  

Odebrecht Drilling Norbe VIII/IX

           

6.350%, 06/30/2021

         113          115  

6.350%,
06/30/2021 (B)

         18          18  

Odebrecht Offshore Drilling Finance

           

6.750%,
10/01/2022 (B)

         197          202  
 

 

31    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

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

Petrobras International Finance

           

5.375%, 01/27/2021

         20        $ 20  

QGOG Atlantic/Alaskan Rigs

           

5.250%, 07/30/2018 (B)

         222          230  

Samarco Mineracao

           

4.125%, 11/01/2022 (B)

         442          398  

Schahin II Finance

           

5.875%, 09/25/2022 (B)

         86          82  

Vale

           

5.625%, 09/11/2042

         340          309  

Vale Overseas

           

8.250%, 01/17/2034

         230          265  

6.875%, 11/21/2036

         250          258  

Voto-Votorantim Overseas Trading Operations

           

6.625%, 09/25/2019 (B)

         100          110  
           

 

 

 
              111,775  
           

 

 

 

Chile — 1.6%

           

Banco del Estado de Chile

           

4.125%, 10/07/2020

         30          30  

3.875%, 02/08/2022 (B)

         230          225  

BancoEstado

           

4.125%, 10/07/2020 (B)

         270          274  

Bonos de la Tesoreria de la Republica en pesos

           

6.000%, 01/01/2018

    CLP           865,000          1,765  

6.000%, 01/01/2020

    CLP           335,000          690  

6.000%, 01/01/2022

    CLP           190,000          394  

Cencosud

           

5.500%, 01/20/2021 (B)

         200          200  

4.875%, 01/20/2023 (B)

         405          378  

CFR International

           

5.125%, 12/06/2022 (B)

         200          184  

Empresa Nacional del Petroleo

           

6.250%, 07/08/2019 (B)

         100          110  

6.250%, 07/08/2019

         50          55  

5.250%, 08/10/2020

         100          103  

5.250%, 08/10/2020 (B)

         240          247  

Nacional del Cobre de Chile

           

7.500%, 01/15/2019

         170          202  

6.150%, 10/24/2036

         1,748          1,844  

5.625%, 09/21/2035

         880          870  

5.625%, 10/18/2043

         250          246  

4.500%, 08/13/2023 (B)

         1,005          1,001  

4.250%, 07/17/2042 (B)

         654          523  

3.875%, 11/03/2021 (B)

         813          795  

3.750%, 11/04/2020 (B)

         290          290  

3.750%, 11/04/2020

         210          210  

3.000%, 07/17/2022 (B)

         1,923          1,730  

Republic of Chile

           

5.500%, 08/05/2020

    CLP           140,000          271  

5.500%, 08/05/2020

    CLP           323,000          625  

3.875%, 08/05/2020

         3,083          3,206  

3.250%, 09/14/2021

         160          156  

2.250%, 10/30/2022

         1,316          1,168  

Telefonica Moviles Chile

           

2.875%, 11/09/2015

         100          102  
           

 

 

 
              17,894  
           

 

 

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

China — 1.8%

           

Amber Circle Funding

           

3.250%, 12/04/2022

         850        $ 773  

Bestgain Real Estate

           

2.625%, 03/13/2018

         200          187  

Central China Real Estate

           

8.000%, 01/28/2020

         400          399  

China Oriental Group

           

8.000%, 08/18/2015 (B)

         300          306  

China Overseas Finance Cayman V

           

3.950%, 11/15/2022

         200          175  

China Railway Resources Huitung

           

3.850%, 02/05/2023

         320          292  

China SCE Property Holdings

           

11.500%, 11/14/2017

         800          884  

China Shanshui Cement Group

           

10.500%, 04/27/2017 (B)

         650          707  

10.500%, 04/27/2017

         200          218  

8.500%, 05/25/2016

         400          417  

Country Garden Holdings

           

11.250%, 04/22/2017

         700          752  

11.125%, 02/23/2018

         200          222  

7.500%, 01/10/2023

         1,653          1,583  

7.250%, 04/04/2021 (B)

         402          398  

Franshion Development

           

6.750%, 04/15/2021 (B)

         320          331  

Kaisa Group Holdings

           

8.875%, 03/19/2018 (B)

         200          204  

Sinochem Overseas Capital

           

6.300%, 11/12/2040

         250          262  

4.500%, 11/12/2020

         4,413          4,503  

4.500%, 11/12/2020 (B)

         3,215          3,280  

Sinopec Capital

           

3.125%, 04/24/2023 (B)

         1,219          1,088  

Sinopec Group Overseas Development

           

4.875%, 05/17/2042 (B)

         300          280  

Sunac China Holdings

           

12.500%, 10/16/2017

         300          338  

9.375%, 04/05/2018

         1,600          1,644  

Talent Yield Investments

           

4.500%, 04/25/2022

         1,282          1,260  

Yingde Gases Investment

           

8.125%, 04/22/2018

         600          624  
           

 

 

 
              21,127  
           

 

 

 

Colombia — 3.7%

           

Bancolombia

           

5.125%, 09/11/2022

         260          244  

Bogota Distrito Capital

           

9.750%, 07/26/2028 (B)

    COP           8,820,000          5,138  

9.750%, 07/26/2028

    COP           370,000          216  

Citigroup Funding, CLN (Republic of Colombia)

           

11.000%, 07/27/2020

    COP           7,940,000          5,021  

Colombian TES

           

10.000%, 07/24/2024

    COP           1,850,000          1,180  

7.500%, 08/26/2026

    COP           2,356,000          1,241  

7.000%, 05/04/2022

    COP           2,990,000          1,563  
 

 

32    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

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

7.000%, 05/04/2022

    COP           7,053,000        $ 3,687  

7.000%, 05/04/2022

    COP           864,000          452  

Ecopetrol

           

7.625%, 07/23/2019 (B)

         200          237  

Emgesa ESP

           

8.750%, 01/25/2021

    COP           870,000          475  

Empresas Publicas de Medellin ESP

           

8.375%, 02/01/2021

    COP           310,000          166  

Grupo Aval

           

4.750%, 09/26/2022 (B)

         222          205  

JPMorgan, CLN (Republic of Columbia)

           

7.000%, 05/04/2022

    COP           3,170,000          1,657  

Pacific Rubiales Energy

           

5.125%, 03/28/2023 (B)

         506          464  

Republic of Colombia

           

12.000%, 10/22/2015

    COP           374,000          218  

11.750%, 02/25/2020

         1,587          2,277  

10.375%, 01/28/2033

         360          528  

9.850%, 06/28/2027

    COP           1,502,000          974  

8.125%, 05/21/2024

         1,190          1,529  

7.750%, 04/14/2021

    COP           988,000          564  

7.375%, 03/18/2019

         2,836          3,409  

7.375%, 09/18/2037

         6,587          8,086  

6.125%, 01/18/2041

         1,485          1,589  

4.375%, 07/12/2021

         1,994          2,054  

4.375%, 03/21/2023

    COP           135,000          62  

4.000%, 02/26/2024

         826          796  

Transportadora de Gas Internacional ESP

           

5.700%, 03/20/2022 (B)

         350          369  
           

 

 

 
              44,401  
           

 

 

 

Costa Rica — 0.2%

           

Banco de Costa Rica

           

5.250%, 08/12/2018

         340          338  

Banco Nacional de Costa Rica

           

6.250%, 11/01/2023 (B)

         240          232  

4.875%, 11/01/2018

         641          630  

Costa Rica Government International Bond

           

5.625%, 04/30/2043

         260          220  

4.375%, 04/30/2025

         260          229  

4.250%, 01/26/2023

         610          558  

Instituto Costarricense de Electricidad

           

6.950%, 11/10/2021

         400          411  

6.375%, 05/15/2043

         250          205  
           

 

 

 
              2,823  
           

 

 

 

Croatia — 1.1%

           

Government of Croatia

           

6.750%, 11/05/2019

         3,140          3,399  

6.625%, 07/14/2020 (B)

         170          182  

6.625%, 07/14/2020

         875          937  

6.375%, 03/24/2021

         810          848  

6.375%, 03/24/2021 (B)

         1,532          1,603  

6.250%, 04/27/2017 (B)

         630          671  

6.000%, 01/26/2024 (B)

         1,158          1,149  

5.875%, 07/09/2018

    EUR           150          223  

5.500%, 04/04/2023

         4,058          3,946  
           

 

 

 
              12,958  
           

 

 

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

Czech Republic — 0.3%

           

Czech Republic Government Bond

           

1.500%, 10/29/2019

    CZK           65,000        $ 3,251  
           

 

 

 

Dominican Republic — 0.5%

           

Dominican Republic

           

9.040%, 01/23/2018

         527          569  

7.500%, 05/06/2021

         2,270          2,463  

7.500%, 05/06/2021 (B)

         1,830          1,986  

6.600%, 01/28/2024 (B)

         230          231  

5.875%, 04/18/2024

         710          678  
           

 

 

 
              5,927  
           

 

 

 

Ecuador — 0.1%

           

Republic of Ecuador

           

9.375%, 12/15/2015

         1,218          1,285  
           

 

 

 

Egypt — 0.1%

           

Government of Egypt

           

6.875%, 04/30/2040

         240          199  

5.750%, 04/29/2020

         450          428  

5.750%, 04/29/2020 (B)

         100          95  
           

 

 

 
              722  
           

 

 

 

El Salvador — 0.5%

           

Republic of El Salvador

           

8.250%, 04/10/2032

         407          434  

8.250%, 04/10/2032

         480          512  

7.750%, 01/24/2023

         680          741  

7.750%, 01/24/2023

         708          772  

7.650%, 06/15/2035

         440          428  

7.625%, 02/01/2041 (B)

         150          145  

7.375%, 12/01/2019

         570          621  

5.875%, 01/30/2025

         426          405  

5.875%,
01/30/2025 (A)(B)

         50          47  

Telemovil Finance

           

8.000%, 10/01/2017

         800          852  
           

 

 

 
              4,957  
           

 

 

 

Gabon — 0.0%

           

Gabonese Republic

           

8.200%, 12/12/2017

         126          146  

6.375%, 12/12/2024 (B)

         520          521  
           

 

 

 
              667  
           

 

 

 

Georgia — 0.3%

           

Georgian Railway JSC

           

7.750%, 07/11/2022

         940          976  

7.750%, 07/11/2022 (B)

         390          405  

Republic of Georgia

           

6.875%, 04/12/2021

         1,131          1,210  

6.875%, 04/12/2021 (B)

         340          364  
           

 

 

 
              2,955  
           

 

 

 

Ghana — 0.2%

           

Republic of Ghana

           

8.500%, 10/04/2017

         1,189          1,272  

8.500%, 10/04/2017 (B)

         300          321  

7.875%, 08/07/2023

         660          622  
           

 

 

 
              2,215  
           

 

 

 

Guatemala — 0.1%

           

Guatemala Government Bond

           

4.875%, 02/13/2028

         1,827          1,663  
           

 

 

 
 

 

33    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

Description            

Face Amount(1)

(Thousands)

      

Market Value

($ Thousands)

 

Hong Kong — 0.1%

           

Central China Real Estate MTN

           

6.500%, 06/04/2018

         900        $ 886  

Industrial & Commercial Bank of China Asia MTN

           

5.125%, 11/30/2020

         560          586  
           

 

 

 
              1,472  
           

 

 

 

Hungary — 3.7%

           

Republic of Hungary

           

8.000%, 02/12/2015

    HUF           230,000          1,122  

7.750%, 08/24/2015

    HUF           668,420          3,316  

7.625%, 03/29/2041

         2,990          3,270  

7.000%, 06/24/2022

    HUF           872,300          4,414  

6.750%, 02/24/2017

    HUF           238,890          1,189  

6.750%, 11/24/2017

    HUF           1,085,820          5,455  

6.750%, 10/22/2028

    HUF           250,000          1,209  

6.500%, 06/24/2019

    HUF           298,490          1,492  

6.375%, 03/29/2021

         920          987  

6.250%, 01/29/2020

         770          831  

6.000%, 01/11/2019

    EUR           982          1,482  

6.000%, 11/24/2023

    HUF           404,510          1,923  

5.750%, 11/22/2023

         4,482          4,504  

5.500%, 12/22/2016

    HUF           539,610          2,601  

5.500%, 12/20/2018

    HUF           743,250          3,564  

5.375%, 02/21/2023

         2,328          2,299  

5.000%, 03/30/2016

    GBP           227          389  

4.125%, 02/19/2018

         2,604          2,633  
           

 

 

 
              42,680  
           

 

 

 

India — 0.2%

           

Bharti Airtel International Netherlands

           

5.125%, 03/11/2023 (B)

         249          229  

Export-Import Bank of India MTN

           

4.000%, 08/07/2017

         200          201  

ICICI Bank

           

5.750%, 11/16/2020 (B)

         128          132  

Reliance Holdings USA

           

5.400%, 02/14/2022 (B)

         250          253  

Vedanta Resources

           

8.250%, 06/07/2021

         1,300          1,305  

7.125%, 05/31/2023 (B)

         160          146  

6.000%, 01/31/2019 (B)

         488          472  
           

 

 

 
              2,738  
           

 

 

 

Indonesia — 7.2%

           

Adaro Indonesia

           

7.625%, 10/22/2019

         300          316  

Deutsche Bank, CLN (Republic of Indonesia)

           

7.000%, 05/15/2022

    IDR           2,300,000          172  

7.000%, 05/15/2027

    IDR           2,300,000          160  

6.625%, 05/15/2033

    IDR           2,300,000          148  

Indo Energy Finance

           

7.000%, 05/07/2018

         200          202  

Indo Energy Finance II

           

6.375%, 01/24/2023

         1,179          970  

6.375%, 01/24/2023 (B)

         200          165  

Indonesia Government International Bond MTN

           

5.375%, 10/17/2023

         300          299  
Description             Face Amount(1)
(Thousands)
      

Market Value

($ Thousands)

 

Indonesia Treasury Bond

           

7.875%, 04/15/2019

    IDR           25,620,000        $ 2,082  

Indosat Palapa

           

7.375%, 07/29/2020 (B)

         300          326  

JPMorgan, CLN (Republic of Indonesia)

           

7.000%, 05/15/2022

    IDR           105,300,000          7,874  

6.625%, 05/15/2033

    IDR           3,100,000          200  

Listrindo Capital BV

           

6.950%, 02/21/2019 (B)

         200          209  

Majapahit Holding

           

8.000%, 08/07/2019

         470          525  

7.875%, 06/29/2037 (B)

         205          213  

7.750%, 10/17/2016

         370          407  

7.750%, 01/20/2020

         924          1,014  

7.750%, 01/20/2020 (B)

         250          274  

Pertamina Persero MTN

           

6.500%, 05/27/2041 (B)

         380          333  

6.000%, 05/03/2042 (B)

         935          773  

6.000%, 05/03/2042

         340          281  

5.625%, 05/20/2043

         1,280          1,014  

5.250%, 05/23/2021 (B)

         500          481  

4.875%, 05/03/2022 (B)

         220          202  

Perusahaan Listrik Negara

           

5.500%, 11/22/2021 (B)

         310          298  

Perusahaan Penerbit SBSN Indonesia

           

6.125%, 03/15/2019

         460          490  

Republic of Indonesia

           

11.625%, 03/04/2019 (B)

         1,195          1,592  

11.625%, 03/04/2019

         2,014          2,684  

11.625%, 03/04/2019

         1,774          2,364  

11.000%, 09/15/2025

    IDR           3,200,000          304  

10.375%, 05/04/2014

         190          196  

9.000%, 03/15/2029

    IDR           69,886,000          5,781  

8.500%, 10/12/2035

         2,339          2,824  

8.500%, 10/12/2035

         1,101          1,329  

8.375%, 03/15/2024

    IDR           84,588,000          6,977  

8.375%, 03/15/2034

    IDR           55,920,000          4,358  

8.250%, 06/15/2032

    IDR           17,369,000          1,324  

7.750%, 01/17/2038

         1,478          1,668  

7.750%, 01/17/2038

         5,989          6,760  

7.000%, 05/15/2022

    IDR           63,320,000          4,735  

6.875%, 01/17/2018

         2,794          3,125  

6.625%, 05/15/2033

    IDR           30,078,000          1,940  

6.625%, 02/17/2037

         676          682  

6.625%, 02/17/2037

         484          488  

6.250%, 04/15/2017

    IDR           16,000,000          1,256  

6.125%, 05/15/2028

    IDR           26,020,000          1,657  

5.875%, 03/13/2020

         460          486  

5.875%, 03/13/2020 (B)

         864          913  

5.625%, 05/15/2023

    IDR           53,731,000          3,631  

5.250%, 01/17/2042

         1,029          882  

4.875%, 05/05/2021

         2,600          2,574  

4.875%, 05/05/2021 (B)

         850          842  

3.375%, 04/15/2023 (B)

         3,035          2,587  

Tullow Oil

           

6.000%, 11/01/2020 (B)

         170          173  
           

 

 

 
              83,560  
           

 

 

 
 

 

34    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

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

Iraq — 0.6%

       

Republic of Iraq

       

5.800%, 01/15/2028

       8,158      $ 6,934  
       

 

 

 

Israel — 0.1%

       

Altice Financing

       

8.000%, 12/15/2019

    EUR         400        601  

7.875%,
12/15/2019 (A)

       400        435  

Altice Finco

       

9.875%,
12/15/2020 (A)

       300        338  
       

 

 

 
          1,374  
       

 

 

 

Ivory Coast — 0.5%

       

Ivory Coast Government Bond

       

7.100%,
12/31/2032 (A)(G)

       2,500        2,231  

7.100%,
12/31/2032 (A)(G)

       3,413        3,046  
       

 

 

 
          5,277  
       

 

 

 

Jamaica — 0.2%

       

Digicel Group

       

10.500%, 04/15/2018

       400        428  

8.250%, 09/30/2020

       2,200        2,280  
       

 

 

 
          2,708  
       

 

 

 

Kazakhstan — 2.0%

       

Development Bank of Kazakhstan

       

4.125%, 12/10/2022

       770        688  

Halyk Savings Bank of Kazakhstan

       

7.250%,
01/28/2021 (B)

       400        424  

7.250%, 01/28/2021

       200        212  

KazAgro National Management Holding

       

4.625%, 05/24/2023

       370        339  

Kazakhstan Temir Zholy Finance

       

6.950%, 07/10/2042

       400        398  

6.950%,
07/10/2042 (B)

       250        249  

Kazatomprom Natsionalnaya Atomnaya Kompaniya

       

6.250%,
05/20/2015 (B)

       450        468  

6.250%, 05/20/2015

       100        104  

KazMunayGas National

       

11.750%, 01/23/2015

       1,611        1,768  

9.125%,
07/02/2018 (B)

       2,819        3,418  

9.125%, 07/02/2018

       339        411  

7.000%,
05/05/2020 (B)

       1,426        1,601  

7.000%, 05/05/2020

       591        663  

6.375%, 04/09/2021

       2,657        2,883  

6.375%,
04/09/2021 (B)

       3,827        4,152  

5.750%, 04/30/2043

       1,525        1,315  

5.750%,
04/30/2043 (B)

       781        676  

4.400%,
04/30/2023 (B)

       523        484  

4.400%, 04/30/2023

       1,342        1,245  

Republic of Kazakhstan

       

6.375%,
10/06/2020 (B)

       600        655  

Zhaikmunai Via Zhaikmunai International

       

7.125%, 11/13/2019

       600        628  

7.125%,
11/13/2019 (A)(B)

       450        471  
       

 

 

 
          23,252  
       

 

 

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

Latvia — 0.1%

           

Republic of Latvia

           

2.750%, 01/12/2020

         1,470        $ 1,402  
           

 

 

 

Lithuania — 0.5%

           

Republic of Lithuania

           

7.375%, 02/11/2020

         390          469  

7.375%,
02/11/2020 (B)

         800          961  

6.625%, 02/01/2022

         1,200          1,401  

6.625%,
02/01/2022 (B)

         200          234  

6.125%, 03/09/2021

         710          804  

6.125%,
03/09/2021 (B)

         1,424          1,613  

5.125%,
09/14/2017 (B)

         310          339  

5.125%, 09/14/2017

         200          219  
           

 

 

 
              6,040  
           

 

 

 

Malaysia — 3.5%

           

Axiata SPV1 Labuan

           

5.375%, 04/28/2020

         250          264  

Malaysia Government Bond

           

5.248%,
09/15/2028 (B)

    MYR           1,050          343  

4.392%, 04/15/2026

    MYR           8,720          2,626  

4.262%, 09/15/2016

    MYR           8,200          2,562  

4.160%, 07/15/2021

    MYR           3,370          1,034  

4.012%, 09/15/2017

    MYR           13,780          4,259  

3.892%, 03/15/2027

    MYR           578          168  

3.889%, 07/31/2020

    MYR           1,090          331  

3.844%, 04/15/2033

    MYR           1,770          491  

3.580%, 09/28/2018

    MYR           890          269  

3.502%, 05/31/2027

    MYR           1,050          290  

3.492%, 03/31/2020

    MYR           14,193          4,211  

3.480%, 03/15/2023

    MYR           13,598          3,950  

3.418%, 08/15/2022

    MYR           6,770          1,955  

3.314%, 10/31/2017

    MYR           20,430          6,159  

3.260%, 03/01/2018

    MYR           22,850          6,864  

Petronas Capital

           

7.875%, 05/22/2022

         1,648          2,078  

5.250%, 08/12/2019

         2,790          3,058  

5.250%, 08/12/2019

         100          110  

Wakala Global Sukuk

           

4.646%,
07/06/2021 (B)

         390          406  
           

 

 

 
              41,428  
           

 

 

 

Mexico — 7.9%

           

BBVA Bancomer

           

6.750%,
09/30/2022 (B)

         800          852  

6.008%,
05/17/2022 (C)

         200          205  

Cemex

           

9.250%, 05/12/2020

         58          64  

9.000%,
01/11/2018 (B)

         306          336  

6.500%, 12/10/2019

         550          566  

Cemex Espana

           

9.250%,
05/12/2020 (B)

         800          878  

Cemex Espana Luxembourg

           

9.875%, 04/30/2019

         950          1,085  

Cemex Finance

           

9.375%,
10/12/2022 (B)

         350          395  

Comision Federal de Electricidad

           

5.750%,
02/14/2042 (B)

         500          466  

4.875%,
05/26/2021 (B)

         400          413  

4.875%,
01/15/2024 (B)

         637          632  

Metalsa

           

4.900%,
04/24/2023 (B)

         212          192  
 

 

35    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

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

Mexican Bonos, Ser M

           

6.500%, 06/10/2021

    MXN           100,187        $ 7,848  

Mexican Bonos, Ser M10

           

8.500%, 12/13/2018

    MXN           10,450          902  

7.750%, 12/14/2017

    MXN           7,837          656  

Mexican Bonos, Ser M20

           

10.000%, 12/05/2024

    MXN           50,089          4,883  

8.500%, 05/31/2029

    MXN           66,492          5,767  

8.000%, 12/07/2023

    MXN           165,536          14,058  

7.750%, 05/29/2031

    MXN           100,996          8,073  

Mexican Bonos, Ser M30

           

8.500%, 11/18/2038

    MXN           38,121          3,215  

Mexican Bonos, Ser MI10

           

9.500%, 12/18/2014

    MXN           20,266          1,631  

Mexican Bonos

           

8.000%, 06/11/2020

    MXN           14          1  

7.500%, 06/03/2027

    MXN           85,392          6,952  

6.500%, 06/09/2022

    MXN           112,041          8,648  

6.250%, 06/16/2016

    MXN           3,747          300  

5.000%, 06/15/2017

    MXN           14,891          1,144  

Pemex Project Funding Master Trust

           

6.625%, 06/15/2035

         2,800          2,947  

5.750%, 03/01/2018

         290          323  

Petroleos Mexicanos

           

8.000%, 05/03/2019

         390          472  

7.190%, 09/12/2024

    MXN           7,000          512  

6.500%, 06/02/2041

         572          598  

6.000%, 03/05/2020

         180          200  

6.000%,
03/05/2020 (B)

         60          67  

5.500%,
06/27/2044 (B)

         150          137  

5.500%, 06/27/2044

         70          64  

3.500%,
01/30/2023 (B)

         185          170  

United Mexican States

           

8.300%, 08/15/2031

         1,440          1,944  

7.500%, 04/08/2033

         300          379  

6.050%, 01/11/2040

         2,632          2,875  

5.950%, 03/19/2019

         942          1,088  

5.750%, 10/12/2110

         2,038          1,885  

4.750%, 03/08/2044

         1,782          1,606  

4.000%, 10/02/2023

         1,682          1,665  

United Mexican States, Ser A MTN

           

6.750%, 09/27/2034

         4,818          5,685  
           

 

 

 
              92,779  
           

 

 

 

Mongolia — 0.2%

           

Mongolia Government International Bond MTN

           

4.125%, 01/05/2018

         2,100          1,890  

Wynn Macau

           

5.250%,
10/15/2021 (B)

         200          200  
           

 

 

 
              2,090  
           

 

 

 

Morocco — 0.2%

           

Kingdom of Morocco

           

5.500%, 12/11/2042

         1,000          835  

5.500%,
12/11/2042 (B)

         200          167  

4.250%,
12/11/2022 (A)(B)

         230          213  

4.250%, 12/11/2022

         1,180          1,091  
           

 

 

 
              2,306  
           

 

 

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

Mozambique — 0.1%

        

EMATUM Via Mozambique EMATUM Finance 2020

        

6.305%, 09/11/2020

        1,292      $ 1,227  
        

 

 

 

Nigeria — 1.1%

        

Afren

        

10.250%,
04/08/2019 (B)

        563        650  

6.625%,
12/09/2020 (B)

        600        600  

Nigeria Treasury Bill

        

12.758%,
01/23/2014 (D)

     NGN         71,300        443  

12.584%,
02/06/2014 (D)

     NGN         59,840        370  

12.407%,
02/13/2014 (D)

     NGN         44,391        274  

12.332%,
05/22/2014 (D)

     NGN         31,370        187  

12.086%,
01/16/2014 (D)

     NGN         17,840        111  

12.028%,
04/10/2014 (D)

     NGN         137,000        829  

0.000%,
05/08/2014 (D)

     NGN         550,000        3,290  

Republic of Nigeria

        

16.390%, 01/27/2022

     NGN         210,000        1,513  

16.000%, 06/29/2019

     NGN         169,000        1,173  

16.000%, 06/29/2019

     NGN         171,000        1,186  

6.750%,
01/28/2021 (B)

        550        594  

6.375%,
07/12/2023 (B)

        551        569  

Sea Trucks Group

        

9.000%, 03/26/2018

        1,000        960  
        

 

 

 
           12,749  
        

 

 

 

Pakistan — 0.1%

        

Republic of Pakistan

        

7.125%, 03/31/2016

        500        490  

6.875%, 06/01/2017

        430        419  

6.875%, 06/01/2017

        100        98  
        

 

 

 
           1,007  
        

 

 

 

Panama — 0.8%

        

ENA Norte Trust

        

4.950%, 04/25/2023 (B)

        238        231  

Republic of Panama

        

9.375%, 01/16/2023

        560        734  

9.375%, 04/01/2029

        2,286        3,172  

8.875%, 09/30/2027

        937        1,248  

8.125%, 04/28/2034

        2,128        2,692  

7.125%, 01/29/2026

        100        120  

6.700%, 01/26/2036

        1,240        1,386  

4.300%, 04/29/2053

        130        98  
        

 

 

 
           9,681  
        

 

 

 

Paraguay — 0.1%

        

Republic of Paraguay

        

4.625%, 01/25/2023

        300        281  

Telefonica Celular del Paraguay

        

6.750%, 12/13/2022

        200        208  

6.750%,
12/13/2022 (A)

        200        208  
        

 

 

 
           697  
        

 

 

 

Peru — 1.7%

        

Alicorp SAA

        

3.875%,
03/20/2023 (B)

        170        153  
 

 

36    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

Description          

Face Amount(1)

(Thousands)

    

Market Value

($ Thousands)

 

Banco de Credito del Peru

       

5.375%, 09/16/2020 (B)

       90      $ 94  

5.375%, 09/16/2020

       10        10  

Cementos Pacasmayo SAA

       

4.500%, 02/08/2023 (B)

       200        181  

Inkia Energy

       

8.375%, 04/04/2021 (B)

       200        214  

Peru Enhanced Pass-Through Finance

       

4.415%, 06/02/2025 (A)(B)(D)

       1,000        630  

2.730%, 05/31/2018 (A)(B)(D)

       327        296  

2.716%, 05/31/2018 (D)

       121        110  

Republic of Peru

       

9.910%, 05/05/2015

    PEI         675        261  

8.750%, 11/21/2033

       4,714        6,706  

8.200%, 08/12/2026

    PEI         5,626        2,360  

7.840%, 08/12/2020

    PEI         3,290        1,339  

7.840%, 08/12/2020

    PEI         1,460        594  

7.350%, 07/21/2025

       1,990        2,507  

7.125%, 03/30/2019

       110        133  

6.950%, 08/12/2031

    PEI         1,990        711  

6.950%, 08/12/2031

    PEI         1,670        597  

6.900%, 08/12/2037

    PEI         360        126  

6.900%, 08/12/2037

    PEI         2,277        796  

6.850%, 02/12/2042

    PEI         1,393        481  

5.200%, 09/12/2023

    PEI         2,730        950  

Southern Copper

       

6.750%, 04/16/2040

       86        83  

5.250%, 11/08/2042

       194        157  

Volcan Cia Minera

       

5.375%, 02/02/2022 (B)

       89        82  
       

 

 

 
          19,571  
       

 

 

 

Philippines — 0.9%

       

Development Bank of Philippines

       

5.500%, 03/25/2021

       330        349  

National Power

       

9.625%, 05/15/2028 (A)

       1,100        1,562  

Power Sector Assets & Liabilities Management

       

7.390%, 12/02/2024 (B)

       820        1,000  

7.250%, 05/27/2019

       170        202  

Republic of Philippines

       

10.625%, 03/16/2025

       405        621  

9.500%, 02/02/2030

       1,226        1,834  

8.375%, 06/17/2019

       160        204  

7.750%, 01/14/2031

       1,994        2,625  

4.000%, 01/15/2021

       1,116        1,158  

3.900%, 11/26/2022

    PHP         45,000        986  
       

 

 

 
          10,541  
       

 

 

 

Poland — 5.1%

       

Eileme 2

       

11.625%, 01/31/2020 (B)

       750        899  

11.625%, 01/31/2020

       400        479  

Republic of Poland

       

6.375%, 07/15/2019

       4,948        5,783  

5.750%, 04/25/2029

    PLN         2,850        1,055  

5.125%, 04/21/2021

       1,000        1,086  

5.000%, 04/25/2016

    PLN         9,493        3,278  
Description            

Face Amount(1)

(Thousands)

      

Market Value

($ Thousands)

 

5.000%, 03/23/2022

         1,249        $ 1,335  

4.750%, 04/25/2017

    PLN           9,455          3,268  

4.000%, 10/25/2023

    PLN           18,590          5,995  

3.750%, 04/25/2018

    PLN           20,127          6,721  

3.000%, 08/24/2016

    PLN           9,535          4,014  

3.000%, 03/17/2023

         2,162          1,969  

2.750%, 08/25/2023

    PLN           5,403          1,888  

2.500%, 07/25/2018

    PLN           2,600          819  

0.000%,
01/25/2016 (D)

    PLN           2,320          723  

Republic of Poland, Ser 0415

           

5.500%, 04/25/2015

    PLN           6,390          2,192  

Republic of Poland, Ser 0922

           

5.750%, 09/23/2022

    PLN           30,526          11,161  

Republic of Poland, Ser 1017

           

5.250%, 10/25/2017

    PLN           5,015          1,767  

Republic of Poland, Ser 1019

           

5.500%, 10/25/2019

    PLN           6,340          2,273  

Republic of Poland, Ser 1021

           

5.750%, 10/25/2021

    PLN           3,292          1,199  

TVN Finance III

           

7.375%, 12/15/2020

         400          594  
           

 

 

 
              58,498  
           

 

 

 

Qatar — 0.4%

           

Qtel International Finance

           

7.875%, 06/10/2019

         665          813  

4.500%, 01/31/2043

         200          170  

State of Qatar

           

9.750%, 06/15/2030

         647          985  

6.550%, 04/09/2019

         199          237  

6.400%,
01/20/2040 (B)

         377          428  

6.400%, 01/20/2040

         220          250  

5.250%, 01/20/2020

         1,100          1,229  
           

 

 

 
              4,112  
           

 

 

 

Romania — 1.1%

           

Government of Romania MTN

           

6.750%, 02/07/2022

         4,344          4,931  

6.750%,
02/07/2022 (B)

         350          397  

5.900%, 07/26/2017

    RON           6,100          1,973  

5.850%, 07/28/2014

    RON           1,920          602  

5.850%, 04/26/2023

    RON           850          273  

5.800%, 10/26/2015

    RON           4,970          1,593  

5.750%, 04/29/2020

    RON           1,260          402  

5.600%, 11/28/2018

    RON           550          176  

4.375%, 08/22/2023

         2,350          2,268  
           

 

 

 
              12,615  
           

 

 

 

Russia — 8.8%

           

Alfa Bank Via Alfa Bond Issuance

           

7.750%, 04/28/2021

         500          534  

7.500%, 09/26/2019

         750          800  

7.500%,
09/26/2019 (B)

         315          336  

Brunswick Rail Finance

           

6.500%, 11/01/2017

         850          865  

Credit Bank of Moscow Via CBOM Finance

           

7.700%, 02/01/2018

         1,000          992  

EuroChem Mineral & Chemical via EuroChem GI

           

5.125%,
12/12/2017 (B)

         175          176  

Far East Capital

           

8.000%,
05/02/2018 (B)

         200          179  
 

 

37    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

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

Gaz Capital MTN

       

8.625%, 04/28/2034

       200      $ 236  

Gazprom Neft OAO Via GPN Capital

       

6.000%,
11/27/2023 (B)

       480        487  

4.375%, 09/19/2022

       730        669  

Gazprom OAO Via Gaz Capital

       

9.250%, 04/23/2019

       750        922  

6.510%, 03/07/2022

       470        505  

4.950%,
07/19/2022 (B)

       510        494  

4.950%,
02/06/2028 (B)

       793        702  

4.950%, 02/06/2028

       250        221  

Mobile Telesystems via MTS International Funding

       

8.625%, 06/22/2020

       900        1,062  

8.625%,
06/22/2020 (B)

       800        944  

Promsvyazbank Via PSB Finance MTN

       

10.200%, 11/06/2019

       750        802  

8.500%, 04/25/2017

       440        470  

Ritekro

       

12.275%,
11/07/2022 (A)(D)

       914        339  

Rosneft Oil via Rosneft International Finance

       

4.199%, 03/06/2022

       500        459  

Russian Agricultural Bank Via RSHB Capital

       

5.298%, 12/27/2017 (B)

       415        427  

Russian Federal Bond — OFZ

       

8.150%, 02/03/2027

    RUB         159,012        4,996  

7.600%, 04/14/2021

    RUB         492,762        15,191  

7.600%, 07/20/2022

    RUB         119,256        3,644  

7.500%, 03/15/2018

    RUB         56,013        1,745  

7.500%, 02/27/2019

    RUB         99,755        3,095  

7.400%, 04/19/2017

    RUB         109,870        3,412  

7.400%, 06/14/2017

    RUB         31,700        984  

7.350%, 01/20/2016

    RUB         80,000        2,491  

7.050%, 01/19/2028

    RUB         55,014        1,558  

7.000%,
12/03/2014 (F)

    RUB         32,430        937  

7.000%, 01/25/2023

    RUB         129,188        3,792  

7.000%, 08/16/2023

    RUB         16,405        477  

6.900%, 08/03/2016

    RUB         155,000        4,759  

6.800%, 12/11/2019

    RUB         133,514        3,982  

6.200%, 01/31/2018

    RUB         109,370        3,242  

Russian Foreign Bond — Eurobond

       

7.850%, 03/10/2018

    RUB         145,000        4,548  

7.500%, 03/31/2030

       11,326        13,197  

5.875%, 09/16/2043

       600        610  

5.625%,
04/04/2042 (B)

       400        398  

5.000%,
04/29/2020 (B)

       200        214  

5.000%, 04/29/2020

       100        107  

4.875%,
09/16/2023 (B)

       800        808  

Russian Railways via RZD Capital

       

5.700%, 04/05/2022

       398        405  

Sberbank of Russia Via SB Capital

       

5.717%, 06/16/2021

       400        418  

5.250%, 05/23/2023

       850        794  
Description    Face Amount(1)
(Thousands)
     Market Value
($ Thousands)
 

SCF Capital

     

5.375%, 10/27/2017 (B)

     350      $ 352  

Severstal OAO Via Steel Capital

     

5.900%, 10/17/2022 (B)

     200        193  

TMK Capital

     

7.750%, 01/27/2018

     1,400        1,468  

TMK OAO Via TMK Capital

     

6.750%, 04/03/2020

     1,300        1,251  

VEB-Leasing Via VEB Leasing Investment

     

5.125%, 05/27/2016

     320        335  

Vimpel Communications Via VIP Finance Ireland

     

9.125%, 04/30/2018 (B)

     300        352  

7.748%, 02/02/2021

     450        489  

7.748%, 02/02/2021 (B)

     800        869  

VimpelCom Holdings

     

7.504%, 03/01/2022

     870        909  

7.504%, 03/01/2022 (B)

     400        418  

5.200%, 02/13/2019 (B)

     200        200  

Vnesheconombank Via VEB Finance

     

6.902%, 07/09/2020 (B)

     785        865  

6.902%, 07/09/2020

     2,355        2,596  

6.800%, 11/22/2025

     580        606  

6.800%, 11/22/2025 (B)

     150        157  

6.025%, 07/05/2022 (B)

     750        765  

5.450%, 11/22/2017 (B)

     400        429  

VTB Bank Via VTB Capital

     

6.950%, 10/17/2022

     400        410  

6.875%, 05/29/2018

     600        655  

6.315%, 02/22/2018

     762        815  

6.250%, 06/30/2035

     357        378  
     

 

 

 
        102,937  
     

 

 

 

Senegal — 0.1%

     

Republic of Senegal

     

8.750%, 05/13/2021 (B)

     540        602  

8.750%, 05/13/2021

     200        223  
     

 

 

 
        825  
     

 

 

 

Serbia — 0.3%

     

Republic of Serbia

     

7.250%, 09/28/2021

     1,070        1,126  

7.250%, 09/28/2021 (B)

     200        210  

5.875%, 12/03/2018

     775        789  

5.875%, 12/03/2018 (B)

     530        539  

5.250%, 11/21/2017 (B)

     200        201  

4.875%, 02/25/2020

     200        189  
     

 

 

 
        3,054  
     

 

 

 

Singapore — 0.2%

     

Sea Production

     

10.239%, 02/14/2014 (C)

     1,485        1,321  

STATS ChipPAC

     

4.500%, 03/20/2018 (B)

     300        299  

TBG Global Pte

     

4.625%, 04/03/2018 (B)

     200        194  

Yanlord Land Group

     

9.500%, 05/04/2017

     980        1,041  
     

 

 

 
        2,855  
     

 

 

 
 

 

38    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

Description            

Face Amount(1)

(Thousands)

      

Market Value

($ Thousands)

 

Slovak Republic — 0.0%

           

Slovakia Government International Bond

           

4.375%, 05/21/2022

         461        $ 476  
           

 

 

 

South Africa — 6.6%

           

Edcon Proprietary

           

9.500%, 03/01/2018

    EUR           850          1,200  

9.500%, 03/01/2018

    EUR           600          847  

Eskom Holdings

           

6.750%,
08/06/2023 (B)

         1,289          1,318  

Myraid International Holdings

           

6.000%, 07/18/2020

         200          214  

Republic of South Africa

           

13.500%, 09/15/2015

    ZAR           14,720          1,570  

10.500%, 12/21/2026

    ZAR           74,161          8,344  

8.750%, 02/28/2048

    ZAR           18,612          1,685  

8.500%, 06/23/2017

         860          1,017  

8.500%, 01/31/2037

    ZAR           17,250          1,554  

8.250%, 09/15/2017

    ZAR           82,010          8,165  

8.000%, 12/21/2018

    ZAR           112,840          11,141  

8.000%, 01/31/2030

    ZAR           2,400          213  

7.750%, 02/28/2023

    ZAR           73,142          6,918  

7.250%, 01/15/2020

    ZAR           48,428          4,575  

7.000%, 02/28/2031

    ZAR           6,000          478  

7.000%, 02/28/2031

    ZAR           86,919          6,920  

6.875%, 05/27/2019

         2,043          2,337  

6.750%, 03/31/2021

    ZAR           76,350          6,933  

6.500%, 02/28/2041

    ZAR           3,435          242  

6.250%, 03/31/2036

    ZAR           32,890          2,307  

5.875%, 05/30/2022

         770          825  

5.875%, 09/16/2025

         4,225          4,394  

5.500%, 03/09/2020

         940          1,001  

4.665%, 01/17/2024

         1,123          1,074  

Transnet SOC MTN

           

9.500%,
05/13/2021 (B)

    ZAR           13,360          1,294  

4.000%,
07/26/2022 (B)

         1,119          985  
           

 

 

 
              77,551  
           

 

 

 

Sri Lanka — 0.6%

           

Bank of Ceylon

           

6.875%,
05/03/2017 (B)

         320          321  

Republic of Sri Lanka

           

6.250%,
10/04/2020 (B)

         620          611  

6.250%, 10/04/2020

         638          628  

6.250%, 07/27/2021

         729          709  

6.250%,
07/27/2021 (B)

         1,400          1,361  

5.875%, 07/25/2022

         2,285          2,137  
           

 

 

 
              5,767  
           

 

 

 

Thailand — 3.3%

           

Thailand Government Bond

           

5.670%, 03/13/2028

    THB           3,000          105  

4.875%, 06/22/2029

    THB           22,410          729  

3.875%, 06/13/2019

    THB           270,781          8,431  

3.650%, 12/17/2021

    THB           265,770          8,029  

3.625%, 05/22/2015

    THB           30,000          926  

3.625%, 06/16/2023

    THB           278,576          8,298  

3.580%, 12/17/2027

    THB           53,033          1,521  

3.250%, 06/16/2017

    THB           80,680          2,475  

2.800%, 10/10/2017

    THB           103,000          3,097  

1.250%, 03/12/2028

    THB           28,384          742  

1.200%, 07/14/2021

    THB           126,488          3,588  
           

 

 

 
              37,941  
           

 

 

 
Description            

Face Amount(1)

(Thousands)

      

Market Value

($ Thousands)

 

Turkey — 6.8%

           

Akbank

           

5.000%, 10/24/2022

         225        $ 200  

3.875%,
10/24/2017 (B)

         100          97  

Export Credit Bank of Turkey

           

5.875%, 04/24/2019 (B)

         200          202  

KOC Holding

           

3.500%,
04/24/2020 (B)

         125          107  

Republic of Turkey

           

10.500%, 01/15/2020

    TRY           2,289          1,089  

9.500%, 01/12/2022

    TRY           9,517          4,264  

9.000%, 01/27/2016

    TRY           2,200          1,005  

9.000%, 03/08/2017

    TRY           16,452          7,442  

8.500%, 09/14/2022

    TRY           22,283          9,364  

8.300%, 10/07/2015

    TRY           70          32  

8.300%, 06/20/2018

    TRY           14,234          6,228  

8.300%, 06/20/2018

    TRY           2,500          1,094  

8.000%, 02/14/2034

         3,160          3,516  

7.500%, 07/14/2017

         1,037          1,158  

7.500%, 11/07/2019

         3,849          4,305  

7.375%, 02/05/2025

         4,054          4,376  

7.250%, 03/05/2038

         200          206  

7.100%, 03/08/2023

    TRY           11,200          4,269  

7.100%, 03/08/2023

    TRY           1,120          427  

7.000%, 09/26/2016

         838          920  

7.000%, 03/11/2019

         240          263  

7.000%, 06/05/2020

         410          448  

6.875%, 03/17/2036

         2,023          1,985  

6.750%, 04/03/2018

         4,284          4,652  

6.750%, 05/30/2040

         375          363  

6.500%, 01/07/2015

    TRY           10,865          4,899  

6.300%, 02/14/2018

    TRY           4,210          1,724  

6.250%, 09/26/2022

         1,207          1,253  

6.000%, 01/14/2041

         1,780          1,563  

5.625%, 03/30/2021

         2,760          2,771  

5.125%, 03/25/2022

         2,288          2,192  

4.875%, 04/16/2043

         250          192  

4.500%, 02/11/2015

    TRY           134          63  

4.000%, 04/29/2015

    TRY           8,094          3,786  

3.250%,
03/23/2023 (E)

         1,952          1,606  

Turkiye Garanti Bankasi

           

5.250%,
09/13/2022 (B)

         500          447  

4.000%,
09/13/2017 (B)

         470          462  

Turkiye Is Bankasi

           

5.500%,
04/21/2019 (B)

         50          49  
           

 

 

 
              79,019  
           

 

 

 

Ukraine — 1.3%

           

Ferrexpo Finance

           

7.875%,
04/07/2016 (B)

         88          85  

Government of Ukraine

           

9.250%,
07/24/2017 (B)

         403          400  

9.250%, 07/24/2017

         3,150          3,141  

7.950%, 02/23/2021

         650          600  

7.950%,
02/23/2021 (B)

         250          231  

7.800%, 11/28/2022

         1,760          1,591  

7.800%,
11/28/2022 (B)

         300          271  

7.750%, 09/23/2020

         230          212  

7.500%,
04/17/2023 (B)

         1,049          939  

7.500%, 04/17/2023

         300          269  

6.750%, 11/14/2017

         276          254  

6.580%, 11/21/2016

         403          378  

6.250%,
06/17/2016 (B)

         600          563  
 

 

39    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

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

4.950%, 10/13/2015

    EUR           1,131        $ 1,487  

Mriya Agro Holding

           

9.450%, 04/19/2018 (B)

         257          220  

Oschadbank Via SSB No. 1

           

8.875%, 03/20/2018

         450          398  

8.250%, 03/10/2016

         430          396  

Ukraine Railways via Shortline

           

9.500%, 05/21/2018

         200          179  

Ukreximbank Via Biz Finance

           

8.750%, 01/22/2018

         670          590  

8.375%, 04/27/2015

         2,687          2,559  
           

 

 

 
              14,763  
           

 

 

 

United Arab Emirates — 0.8%

  

         

Abu Dhabi National Energy MTN

           

5.875%, 12/13/2021

         867          961  

Dolphin Energy

           

5.888%, 06/15/2019

         432          472  

Dubai Electricity & Water Authority

           

7.375%, 10/21/2020 (B)

         860          1,002  

7.375%, 10/21/2020

         20          23  

Dubai Holding Commercial Operations MTN

           

6.000%, 02/01/2017

    GBP           800          1,378  

4.750%, 01/30/2014

    EUR           1,850          2,549  

Emaar Sukuk MTN

           

6.400%, 07/18/2019

         450          491  

Emirate of Dubai MTN

           

7.750%, 10/05/2020

         1,060          1,261  

5.250%, 01/30/2043

         200          166  

Emirates Airline

           

5.125%, 06/08/2016

         300          315  

4.500%, 02/06/2025

         350          320  
           

 

 

 
              8,938  
           

 

 

 

Uruguay — 0.8%

  

         

Republic of Uruguay PIK

           

7.875%, 01/15/2033

         1,662          2,040  

Republic of Uruguay

           

8.000%, 11/18/2022

         1,183          1,461  

7.625%, 03/21/2036

         1,201          1,456  

4.500%, 08/14/2024

         2,144          2,144  

4.375%, 12/15/2028

    UYU           5,633          268  

4.250%, 04/05/2027

    UYU           35,712          1,688  

4.125%, 11/20/2045

         711          547  
           

 

 

 
              9,604  
           

 

 

 

Venezuela — 3.6%

  

         

Petroleos de Venezuela

           

12.750%, 02/17/2022

         290          264  

8.500%, 11/02/2017

         1,289          1,073  

8.500%, 11/02/2017

         8,430          7,018  

5.500%, 04/12/2037

         250          128  

5.375%, 04/12/2027

         390          208  

5.250%, 04/12/2017

         998          736  

5.000%, 10/28/2015

         4,355          3,593  

4.900%, 10/28/2014

         1,394          1,272  

Republic of Venezuela

           

13.625%, 08/15/2018

         1,716          1,682  

13.625%, 08/15/2018

         144          137  

12.750%, 08/23/2022

         12,635          11,656  

11.950%, 08/05/2031

         2,578          2,197  

11.750%, 10/21/2026

         4,765          4,074  
Description           Face Amount(1)
(Thousands)/Shares
     Market Value
($ Thousands)
 

9.250%, 09/15/2027

       1,793      $ 1,387  

9.250%, 05/07/2028

       575        425  

9.000%, 05/07/2023

       1,064        791  

9.000%, 05/07/2023

       20        15  

8.500%, 10/08/2014

       780        762  

8.250%, 10/13/2024

       500        352  

7.750%, 10/13/2019

       3,185        2,373  

7.650%, 04/21/2025

       290        196  

6.000%, 12/09/2020

       1,087        724  

5.750%,
02/26/2016 (E)

       978        831  
       

 

 

 
          41,894  
       

 

 

 

Vietnam — 0.1%

  

     

Republic of Vietnam

       

6.875%, 01/15/2016

       360        384  

6.750%, 01/29/2020

       830        899  
       

 

 

 
          1,283  
       

 

 

 

Total Global Bonds
(Cost $1,127,521) ($ Thousands)

   

        1,080,142  
       

 

 

 

LOAN PARTICIPATIONS — 0.7%

  

  

Angola — 0.0%

  

     

Republic of Angola

       

2.317%, 04/30/2016

    EUR         108        145  
       

 

 

 

Indonesia — 0.0%

  

     

PT Bumi

       

18.182%, 11/07/2014

       427        350  
       

 

 

 

Singapore — 0.6%

  

     

Ashmore Cayman SPC, No. 1

       

0.000%,
08/31/2011 (A)(G)

       9,161        4,289  

Morton Bay

       

6.220%,
12/31/2013 (A)

       3,158        2,388  
       

 

 

 
          6,677  
       

 

 

 

United Arab Emirates — 0.1%

  

     

Dubai World

       

1.000%, 09/30/2015

       1,200        828  

1.000%, 09/30/2018

       1,015        609  
       

 

 

 
          1,437  
       

 

 

 

Total Loan Participations
(Cost $14,409) ($ Thousands)

   

        8,609  
       

 

 

 

AFFILIATED PARTNERSHIP — 0.4%

  

  

SEI Liquidity Fund, L.P.

       

0.070%†* (H)

       4,767,498        4,767  
       

 

 

 

Total Affiliated Partnership
(Cost $4,767) ($ Thousands)

   

        4,767  
       

 

 

 

Total Investments — 93.9%
(Cost $1,146,697) ($ Thousands)§

   

   $ 1,093,518  
       

 

 

 
 

 

40    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

A list of the open futures contracts held by the Fund at December 31, 2013, is as follows:

 

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

U.S. 10-Year Treasury Note

       (30        Mar-2014         $ 76   

U.S. 10-Year Treasury Note

       65           Mar-2014           (80

U.S. 2-Year Treasury Note

       62           Apr-2014           (26

U.S. 5-Year Treasury Note

       (65        Apr-2014           93   

U.S. Long Treasury Bond

       2           Mar-2014           (2
              

 

 

 
               $ 61   
              

 

 

 

For the period ended December 31, 2013, the total amount of all open future contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

A list of the outstanding forward foreign currency contracts held by the Fund at December 31, 2013, is as follows:

 

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

01/03/2014-02/28/2014

    TRY        16,150        USD        12,824      $ 268   

01/03/2014-03/06/2014

    BRL        31,282        USD        13,204        46   

01/03/2014-03/06/2014

    USD        14,528        BRL        34,240        (138

01/03/2014-03/19/2014

    USD        38,222        MXN        500,451        (138

01/06/2014-01/24/2014

    EUR        2,554        HUF        762,900        17   

01/06/2014-03/19/2014

    USD        12,438        TRY        25,767        (545

01/15/2014-03/19/2014

    THB        585,863        USD        18,018        219   

01/15/2014-03/19/2014

    USD        22,061        RUB        735,884        220   

01/15/2014-03/26/2014

    PHP        91,776        USD        2,093        23   

01/15/2014-03/26/2014

    USD        9,661        PHP        424,067        (96

01/17/2014

    CNY        3,151        USD        514        (6

01/17/2014-04/22/2014

    USD        9,545        CNY        58,151        25   

01/21/2014-01/31/2014

    USD        752        GBP        461        12   

01/21/2014-03/06/2014

    GBP        1,575        USD        2,559        (48

01/21/2014-03/19/2014

    EUR        25,926        USD        35,408        (312

01/21/2014-03/19/2014

    USD        8,826        EUR        6,420        20   

01/21/2014-03/19/2014

    USD        13,400        PEI        37,496        (55

01/23/2014-03/17/2014

    MYR        24,758        USD        7,624        80   

01/23/2014-03/17/2014

    USD        23,076        MYR        74,543        (367

01/24/2014-03/19/2014

    HUF        331,000        EUR        1,104        (11

01/27/2014-03/19/2014

    COP        22,637,212        USD        11,605        (111

01/27/2014-03/19/2014

    USD        6,985        COP        13,523,212        14   

01/30/2014

    CZK        138,933        EUR        5,017        (88

01/30/2014-03/19/2014

    IDR        36,773,164        USD        3,048        50   

01/30/2014-12/08/2014

    USD        16,021        IDR        193,553,684        (385

01/31/2014-02/04/2014

    PEI        21,725        USD        7,741        4   

01/31/2014-02/28/2014

    HUF        1,475,037        USD        6,878        44   

01/31/2014-02/28/2014

    RON        7,874        USD        2,399        (31

01/31/2014-02/28/2014

    USD        3,252        CZK        63,430        (55

01/31/2014-02/28/2014

    USD        2,425        RON        7,874        5   

01/31/2014-02/28/2014

    USD        7,622        THB        245,335        (168

01/31/2014-03/19/2014

    CZK        63,605        USD        3,159        (46

01/31/2014-03/19/2014

    MXN        306,532        USD        23,571        240   

01/31/2014-03/19/2014

    PLN        93,235        USD        30,582        (242

01/31/2014-03/19/2014

    RUB        718,495        USD        21,583        (124

01/31/2014-03/19/2014

    USD        8,217        CLP        4,366,871        41   

01/31/2014-03/19/2014

    USD        7,773        HUF        1,724,502        214   

01/31/2014-03/19/2014

    USD        37,587        PLN        116,174        808   

01/31/2014-03/19/2014

    USD        16,017        ZAR        167,990        (92

01/31/2014-03/19/2014

    ZAR        106,152        USD        10,249        187   

01/31/2014-04/16/2014

    CLP        5,726,278        USD        10,625        (174

02/04/2014

    BRL        2,650        MXN        14,890        20   

02/04/2014-02/19/2014

    USD        7,488        KRW        7,953,874        40   

02/13/2014-03/19/2014

    EUR        7,107        PLN        29,766        49   

02/13/2014-03/19/2014

    PLN        10,966        EUR        2,611        (24

02/19/2014

    USD        4,815        TWD        141,063        (75

02/27/2014

    EUR        446        RON        2,000        3   

02/27/2014-03/19/2014

    ILS        53,751        USD        15,245        (232

03/19/2014

    SGD        9,966        USD        7,950        54   

03/19/2014

    USD        3,855        NGN        635,700        37   

07/17/2015

    CNH        105,051        USD        15,840        (1,442

07/17/2015

    USD        15,844        CNH        105,051        1,438   
         

 

 

 
          $ (827
         

 

 

 

 

A list of the counterparties for the open forward foreign currency contracts held by the Fund at December 31, 2013, is as follows:

 

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

Barclays PLC

       (72,172        72,198         $ 26   

BNP Paribas

       (2,946        2,936           (10

Brown Brothers Harriman

       (2,298        2,260           (38

Citigroup

       (154,201        153,443           (758

Credit Suisse First Boston

       (6,087        6,080           (7

Deutsche Bank

       (58,444        58,523           79   

Goldman Sachs

       (187,869        187,665           (204

HSBC

       (55,236        55,251           15   

JPMorgan Chase Bank

       (16,877        16,807           (70

Merrill Lynch

       (6,648        6,809           161   

National Australia Bank

       (476        467           (9

Standard Chartered Bank

       (3,158        3,135           (23

Standard New York, Inc.

       (422        424           2   

UBS

       (10,508        10,517           9   
              

 

 

 
               $ (827
              

 

 

 

For the period ended December 31, 2013, the total amount of all open forward foreign currency contracts, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

 

 

41    SEI Institutional International Trust / Quarterly Report / December 31, 2013


Schedule of Investments (Unaudited)

Emerging Markets Debt Fund

December 31, 2013

 

A list of the open OTC swap agreements held by the fund at December 31, 2013, is as follows:

 

Interest Rate Swaps  
Counterparty    Fund Pays   Fund Receives   Termination
Date
   Currency      Notional
Amount
(Thousands)
     Net Unrealized
Appreciation
(Depreciation)
($ Thousands)
 
Goldman Sachs    JIBAR ZAR 3 Month   8.19%   12/20/2023      ZAR         10,000       $ (2
Goldman Sachs    TIIE MXN 28 DAY   6.68%   12/12/2023      MXN         36,000         (35
Goldman Sachs    TELBOR ILS 3 Month   2.29%   12/24/2018      ILS         14,000         (9
Goldman Sachs    JIBAR ZAR 3 Month   6.81%   12/31/2015      ZAR         60,000           
Goldman Sachs    1.18%   TELBOR ILS 3 Month   12/24/2015      ILS         33,000         4   
Goldman Sachs    JIBAR ZAR 3 Month   6.75%   12/22/2015      ZAR         80,000         1   
               

 

 

 
                $ (41
               

 

 

 

For the period ended December 31, 2013, the total number of all open swap agreements, as presented in the table above, are representative of the volume of activity for this derivative type during the period.

 

Percentages are based on a Net Assets of $1,164,375 ($ Thousands).

 

*   Rate shown is the 7-day effective yield as of December 31, 2013.

 

  Investment in Affiliated Security.

 

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

 

(A)   Securities considered illiquid. The total market value of such securities as of December 31, 2013 was $18,411 ($ Thousands) and represented 1.6% 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 December 31, 2013.

 

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

 

(E)   This security or a partial position of this security is on loan at December 31, 2013. The total market value of securities on loan at December 31, 2013 was $4,570 ($ Thousands).

 

(F)   Step Bonds — The rate reflected on the Schedule of Investments is the effective yield on December 31, 2013. The coupon on a step bond changes on a specified date.

 

(G)   Security in default on interest payments.

 

(H)   This security was purchased with cash collateral held from securities on loan. The total value of such securities as of December 31, 2013 was $4,767 ($ Thousands).

 

§   At December 31, 2013, the tax basis cost of the Fund’s investments was $1,146,697 ($ Thousands), and the unrealized appreciation and depreciation were $25,173 ($ Thousands) and ($78,352) ($ Thousands), respectively.

ARS — Argentine Peso

BRL — Brazilian Real

CLN — Credit Linked Note

CLP — Chilean Peso

CNH — Chinese Yuen (Offshore)

CNY — Chinese Renminbi

COP — Colombian Peso

CZK — Czech Koruna

DEM — German Mark

EUR — Euro

GBP — British Pound Sterling

HUF — Hungarian Forint

IDR — Indonesia Rupiah

ILS — Israeli Shekel

INR — India Rupee

JIBAR — Johannesburg Interbank Agreed Rate

KRW — Korean Won

MTN — Medium Term Note

MXN — Mexican Peso

MYR — Malaysian Ringgit

NGN — Nigerian Naira

OTC — Over the Counter

PEI — Peruvian Inca

PHP — Philippine Peso

PIK — Payment-in-Kind

PLC — Public Limited Company

PLN — Polish Zlotty

RON — Romanian Leu

RUB — Russian Ruble

Ser — Series

SGD — Singapore Dollar

SPC — Segregated Portfolio Company

TELBOR — Tel Aviv Inter-Bank Offered Rate

THB — Thai Baht

TIIE — Equilibrium Interbank Interest Rate

TRY — Turkish Lira

USD — U.S. Dollar

UYU — Uruguayan Peso

ZAR — South African Rand

The following is a list of the level of inputs used as of December 31, 2013, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

 

Investments in Securities   Level 1     Level 2     Level 3(1)     Total  

Global Bonds

  $     $ 1,080,142     $     $ 1,080,142  

Loan Participations

          1,582       7,027       8,609  

Affiliated Partnership

          4,767             4,767  
 

 

 

   

 

 

   

 

 

   

 

 

 

Total Investments in Securities

  $     $ 1,086,491     $ 7,027     $ 1,093,518  
 

 

 

   

 

 

   

 

 

   

 

 

 

 

Other Financial Instruments   Level 1     Level 2     Level 3     Total  

Futures Contracts*

       

Unrealized Appreciation

  $ 169     $     $     $ 169  

Unrealized Depreciation

    (108                 (108

Forwards Contracts*

       

Unrealized Appreciation

          4,178             4,178  

Unrealized Depreciation

          (5,005           (5,005

OTC Swaps

       

Interest Rate Swaps*

       

Unrealized Appreciation

          5             5  

Unrealized Depreciation

          (46           (46
 

 

 

   

 

 

   

 

 

   

 

 

 

Total Other Financial Instruments

  $ 61     $ (868   $     $ (807
 

 

 

   

 

 

   

 

 

   

 

 

 

 

(1)   Of the $7,027 ($ Thousands) in Level 3 securities as of December 31, 2013, $7,015 ($ Thousands) or 0.6% are not valued via third party pricing vendors and broker quotes. If significant, the disclosure of the unobservable inputs and the interrelationships and sensitivity between these inputs are required for those Level 3 securities that are no valued by third party pricing vendors or broker quotes.

 

*   Futures contracts, forwards contracts and swaps are valued at the unrealized appreciation/(depreciation) on the instrument.

For the period ended December 31, 2013, there were no transfers between Level 1 and Level 2 assets and liabilities.

For the period ended December 31, 2013, there were no transfers between Level 2 and Level 3 assets and liabilities.

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

For information on 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.

 

 

42    SEI Institutional International Trust / Quarterly Report / December 31, 2013


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”) (17 CFR 270.30a-3(c))) are effective, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a3(b)) and Rule 13a-15(b) or 15d-15(b) under the Exchange Act (17 CFR 240.13a-15(b) or 240.15d-15(b))

(b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the Registrant’s last fiscal quarter that have materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 3. Exhibits.

(a) A separate certification for each principal executive officer and principal financial officer of the Registrant as required by Rule 30a-2(a) under the 1940 Act (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.

 

SEI Institutional International Trust
By    /S/    ROBERT A. NESHER        
  Robert A. Nesher, President

Date: February 28, 2014

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    /s/    ROBERT A. NESHER        
  Robert A. Nesher, President

Date: February 28, 2014

 

By    /s/    PETER A. RODRIGUEZ        
  Peter A. Rodriguez, Controller & CFO

Date: February 28, 2014

EX-99.CERT 2 d436012dex99cert.htm CERTIFICATION PURSUANT TO SECTION 302 Certification Pursuant to Section 302

Certifications

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 control 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 control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

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

Date: February 28, 2014

 

/s/ Robert A. Nesher
Robert A. Nesher
President

 


Certifications

I, Peter A. Rodriguez, certify that:

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

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

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

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

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

(b) Designed such internal control 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 control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

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

Date: February 28, 2014

 

/s/ Peter A. Rodriguez
Peter A. Rodriguez
Controller & CFO