N-Q 1 d672468dnq.htm INSTITUTIONAL INTERNATIONAL TRUST (SIT) Institutional International Trust (SIT)

 

 

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 Timothy D. Barto, Esq.

SEI Investments Company

One Freedom Valley Drive

Oaks, PA 19456

(Name and address of agent for service)

 

 

Registrant’s telephone number, including area code: 610-676-1000

Date of fiscal year end: September 30, 2019

Date of reporting period: December 31, 2018

 

 

 


Item 1.

Schedule of Investments

The registrant’s schedules as of the close of the reporting period, as set forth in §§ 210.12-12 through 210.12-14 of Regulation S-X [17 CFR §§ 210-12.12-12.14], are attached hereto.

 


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Equity Fund

    

 

     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK — 93.6%

 

Argentina — 0.0%

 

Ternium SA ADR

    25,885       $ 702  
   

 

 

 

Australia — 2.1%

 

Alumina Ltd

    397,740       644  

Aristocrat Leisure Ltd

    698,871       10,746  

ASX Ltd

    31,001       1,308  

BHP Billiton Ltd

    8,499       205  

BlueScope Steel Ltd

    492,256       3,798  

Coca-Cola Amatil

    96,571       557  

Cochlear Ltd

    67,912       8,298  

Computershare Ltd

    74,891       906  

CSL Ltd

    130,187       16,970  

Downer EDI Ltd

    147,742       703  

Evolution Mining

    73,185       190  

Goodman Group

    114,723       859  

Insurance Australia Group Ltd

    1,240,259       6,112  

LendLease Group

    117,612       963  

Macquarie Group Ltd

    14,933       1,142  

Orora Ltd

    275,440       595  

OZ Minerals Ltd

    289,519       1,794  

Qantas Airways Ltd

    2,343,806       9,554  

Rio Tinto Ltd

    21,922       1,211  

Santos Ltd

    165,327       638  

SEEK Ltd

    39,185       467  

South32 Ltd

    3,483,041       8,215  

Treasury Wine Estates Ltd

    116,514       1,214  

Woodside Petroleum

    7,453       164  
   

 

 

 

      77,253  
   

 

 

 

Austria — 0.5%

 

BAWAG Group AG (A)

    220,961       9,053  

CA Immobilien Anlagen AG

    15,115       477  

Erste Group Bank AG *

    56,659       1,882  

OMV AG

    153,671       6,719  

Raiffeisen Bank International AG

    27,269       692  

Verbund - Oesterreichische Elektrizitaetswirtschafts, Cl A

    13,474       574  
   

 

 

 

      19,397  
   

 

 

 

Belgium — 1.2%

 

Ageas

    385,812       17,333  

AGFA-Gevaert NV *

    181,477       691  

Colruyt SA

    16,384       1,166  

Groupe Bruxelles Lambert SA

    115,033       10,004  

KBC Group NV

    122,592       7,943  

Proximus SADP

    13,129       354  

UCB SA

    83,298       6,789  

Umicore SA

    18,284       729  
   

 

 

 

      45,009  
   

 

 

 

Brazil — 0.2%

 

Banco do Brasil SA *

    66,800       801  

Cia Siderurgica Nacional

    116,800       266  
     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

Cosan SA

    34,500       $ 298  

IRB Brasil Resseguros S/A

    210,500       4,533  

Porto Seguro SA

    16,672       224  

Raia Drogasil SA *

    51,438       759  

TOTVS SA

    81,500       571  
   

 

 

 

      7,452  
   

 

 

 

Canada — 3.5%

 

Alimentation Couche-Tard Inc, Cl B

    141,261       7,024  

Autohome Inc ADR *(B)

    7,937       621  

Bank of Montreal

    77,500       5,061  

Canadian Imperial Bank of Commerce (B)

    186,010       13,848  

Canadian Natural Resources Ltd

    519,856       12,544  

Canadian Pacific Railway Ltd

    97,159       17,251  

Cogeco Communications Inc

    4,070       196  

Dollarama Inc

    176,667       4,200  

Encana Corp

    1,853,644       10,695  

Gildan Activewear Inc

    423,753       12,857  

Manulife Financial Corp

    1,384,218       19,631  

Royal Bank of Canada

    149,493       10,227  

Suncor Energy Inc

    230,130       6,425  

Toronto-Dominion Bank/The

    163,386       8,118  
   

 

 

 

      128,698  
   

 

 

 

China — 1.5%

 

Alibaba Group Holding Ltd ADR *

    72,580       9,949  

Angang Steel Co Ltd, Cl H (B)

    550,000       379  

Baidu Inc ADR *

    131,602       20,872  

China BlueChemical

    370,000       116  

China Construction Bank Corp, Cl H

    697,000       575  

China Petroleum & Chemical Corp, Cl H

    910,000       650  

Industrial & Commercial Bank of China Ltd, Cl H

    6,069,000       4,333  

PetroChina Co Ltd, Cl H

    2,362,000       1,472  

Sinotruk Hong Kong Ltd (B)

    165,500       250  

STMicroelectronics NV

    314,593       4,490  

Tencent Holdings Ltd

    320,700       12,862  
   

 

 

 

      55,948  
   

 

 

 

Denmark — 2.0%

 

Chr Hansen Holding A/S

    131,157       11,585  

Coloplast A/S, Cl B

    13,253       1,228  

GN Store Nord A/S

    61,118       2,278  

H Lundbeck A/S

    177,657       7,767  

ISS A/S

    549,289       15,319  

Novo Nordisk A/S, Cl B

    356,875       16,286  

Orsted A/S (A)

    36,597       2,443  

Rockwool International A/S, Cl B

    3,868       1,007  

Scandinavian Tobacco Group A/S (A)

    1,043,814       12,544  

Tryg A/S

    23,381       587  

William Demant Holding A/S *

    38,556       1,092  
   

 

 

 

      72,136  
   

 

 

 

 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

1


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Equity Fund (Continued)

    

 

     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

Finland — 0.9%

 

Elisa OYJ, Cl A

    27,749       $ 1,145  

Fortum OYJ

    80,898       1,766  

Kesko, Cl B

    5,808       313  

Neste Oyj

    171,850       13,233  

Orion Oyj, Cl B

    92,659       3,207  

Stora Enso OYJ, Cl R

    518,730       5,980  

UPM-Kymmene OYJ

    232,912       5,898  

Valmet OYJ

    75,756       1,554  
   

 

 

 

      33,096  
   

 

 

 

France — 6.5%

 

Aeroports de Paris

    6,078       1,150  

Air Liquide SA

    36,860       4,570  

Airbus SE

    35,136       3,372  

Alstom SA *

    12,938       522  

Arkema SA

    39,547       3,389  

Atos SE

    38,415       3,139  

BNP Paribas SA

    351,074       15,842  

Boiron SA

    1,900       106  

Carrefour SA

    1,135,989       19,362  

CNP Assurances

    51,005       1,080  

Covivio

    7,765       747  

Dassault Aviation SA

    458       633  

Dassault Systemes SE

    9,575       1,135  

Edenred

    38,354       1,408  

Eiffage SA

    15,499       1,293  

Electricite de France SA

    114,446       1,805  

Engie SA

    425,728       6,096  

EssilorLuxottica

    110,728       13,981  

Gaztransport Et Technigaz

    3,255       250  

Gecina SA

    6,489       838  

Hermes International

    6,416       3,556  

Ipsen SA

    58,985       7,609  

IPSOS

    18,645       438  

Kering SA

    22,004       10,353  

Korian

    12,028       427  

Les Nouveaux Constructeurs SA

    174       7  

L’Oreal SA

    38,193       8,784  

LVMH Moet Hennessy Louis Vuitton SE

    41,667       12,298  

Neopost

    25,812       703  

Nexity SA

    19,495       878  

Pernod Ricard SA

    129,556       21,223  

Peugeot SA

    467,710       9,969  

Publicis Groupe SA

    227,813       13,042  

Remy Cointreau SA

    1,993       225  

Safran SA

    46,051       5,549  

Sanofi

    222,022       19,203  

Sartorius Stedim Biotech

    10,743       1,073  

Schneider Electric SE

    76,958       5,254  

SCOR SE

    27,090       1,220  

SES, Cl A

    46,016       879  
     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

SPIE SA

    261,185       $ 3,460  

TechnipFMC PLC

    163,939       3,308  

Teleperformance

    5,473       873  

Thales SA

    93,968       10,957  

TOTAL SA

    206,606       10,907  

Ubisoft Entertainment SA *

    41,728       3,362  

Valeo SA

    91,558       2,670  
   

 

 

 

      238,945  
   

 

 

 

Germany — 8.2%

 

adidas AG

    52,143       10,872  

Allianz SE

    64,367       12,887  

AURELIUS Equity Opportunities SE & Co KGaA (B)

    250,264       9,075  

Axel Springer SE

    3,167       179  

BASF SE

    352,604       24,346  

Bayer AG

    257,855       17,851  

Brenntag AG

    116,584       5,024  

Continental AG

    37,249       5,142  

CTS Eventim AG & Co KGaA

    181,573       6,762  

Delivery Hero *(A)

    4,623       172  

Deutsche Boerse AG

    83,076       9,967  

Deutsche Lufthansa AG

    372,047       8,378  

Deutsche Post AG

    760,362       20,783  

Deutsche Telekom

    364,150       6,169  

Deutsche Wohnen AG

    26,841       1,227  

Gerresheimer AG

    96,442       6,312  

Hamburger Hafen und Logistik AG

    21,501       426  

Hannover Rueck SE

    7,332       987  

HOCHTIEF AG

    36,524       4,914  

Infineon Technologies AG

    1,037,154       20,588  

Innogy SE (A)

    15,291       712  

KION Group AG

    205,381       10,408  

Kloeckner & Co SE

    96,437       668  

Linde

    187,868       29,755  

MTU Aero Engines Holding

    8,910       1,613  

QIAGEN *

    5,213       177  

RWE AG

    35,519       770  

SAP SE

    405,803       40,326  

SAP SE ADR (B)

    61,373       6,110  

Scout24 AG (A)

    131,253       6,026  

Siemens AG

    154,622       17,212  

TUI AG

    417,764       5,949  

Uniper SE

    43,887       1,134  

Vonovia SE

    34,613       1,567  

Wirecard AG

    21,560       3,273  

zooplus AG *(B)

    27,592       3,750  
   

 

 

 

      301,511  
   

 

 

 

Greece — 0.0%

 

Aegean Airlines SA

    12,601       106  
   

 

 

 

Hong Kong — 2.2%

 

AIA Group Ltd

    2,424,400       20,128  
 

 

 

2

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Equity Fund (Continued)

    

 

     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

Chaoda Modern Agriculture Holdings Ltd *

    2,440,000       $ 22  

China Merchants Port Holdings Co Ltd

    2,107,720       3,796  

China Mobile Ltd

    2,490,740       23,971  

CLP Holdings Ltd

    81,500       921  

Dairy Farm International Holdings

    40,800       369  

Galaxy Entertainment Group Ltd *

    1,089,000       6,927  

Hang Seng Bank Ltd

    63,700       1,430  

HK Electric Investments & HK Electric Investments Ltd

    472,000       476  

HKT Trust & HKT Ltd

    686,000       988  

Hong Kong & China Gas

    693,000       1,434  

Hysan Development Co Ltd

    53,000       252  

Link

    93,000       942  

Samsonite International SA (A)

    2,784,211       7,913  

Swire Pacific, Cl A

    72,000       761  

Techtronic Industries Co Ltd

    1,982,000       10,531  

Wharf Real Estate Investment Co Ltd

    116,000       694  
   

 

 

 

      81,555  
   

 

 

 

Hungary — 0.0%

 

MOL Hungarian Oil & Gas PLC

    128,857       1,413  
   

 

 

 

India — 0.3%

 

HDFC Bank Ltd ADR

    125,247       12,974  
   

 

 

 

Indonesia — 0.0%

 

Bukit Asam Tbk PT

    2,402,400       718  
   

 

 

 

Ireland — 1.0%

 

AIB Group PLC

    2,719,550       11,441  

Experian PLC

    624,677       15,156  

Kerry Group PLC, Cl A

    74,426       7,359  

Ryanair Holdings PLC ADR *

    63,678       4,543  
   

 

 

 

      38,499  
   

 

 

 

Israel — 1.2%

 

Bank Hapoalim BM

    878,266       5,559  

Bank Leumi Le-Israel BM

    2,546,791       15,403  

Check Point Software Technologies Ltd *

    164,795       16,916  

First International Bank Of Israel Ltd

    55,335       1,164  

International Flavors & Fragrances

    0        

Israel Chemicals

    109,424       621  

Israel Discount Bank Ltd, Cl A

    554,620       1,716  

Mizrahi Tefahot Bank Ltd

    48,848       825  

NICE Systems *

    11,233       1,209  

Shufersal Ltd

    65,058       427  
   

 

 

 

      43,840  
   

 

 

 

Italy — 2.0%

 

Davide Campari-Milano

    25,681       217  

Eni SpA

    51,489       809  

ERG SpA

    85,176       1,607  

EXOR NV

    127,560       6,891  

Ferrari NV

    16,170       1,604  

Fiat Chrysler Automobiles NV *

    562,058       8,148  
     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

Hera SpA

    739,313       $ 2,250  

Italgas

    49,281       281  

Maire Tecnimont SpA

    189,106       694  

Moncler

    36,141       1,195  

Piaggio & C

    140,715       295  

Poste Italiane SpA (A)

    89,045       711  

Recordati SpA

    230,404       7,978  

Saras SpA

    692,920       1,340  

Societa Iniziative Autostradali e Servizi SpA

    114,852       1,583  

Tenaris SA

    1,056,931       11,406  

UniCredit SpA

    2,217,835       25,084  
   

 

 

 

      72,093  
   

 

 

 

Japan — 16.7%

 

77 Bank Ltd/The

    67,000       1,165  

Aeon Co Ltd

    120,700       2,365  

AGC

    162,600       5,083  

Alfresa Holdings Corp

    29,100       743  

Arcland Sakamoto Co Ltd

    44,400       547  

Asahi Group Holdings Ltd

    34,800       1,354  

Asahi Kasei Corp

    10,400       107  

Asics

    30,500       391  

Astellas Pharma

    31,600       404  

Bandai Namco Holdings Inc

    286,200       12,847  

Bridgestone Corp (B)

    194,800       7,521  

Canon Marketing Japan Inc

    144,800       2,587  

Capcom Co Ltd

    174,900       3,462  

Casio Computer

    32,400       385  

Chubu Electric Power

    50,300       716  

Chugoku Electric Power (B)

    51,900       676  

CyberAgent Inc

    18,300       708  

Dai Nippon Printing Co Ltd

    513,500       10,751  

Daiichi Sankyo Co Ltd

    204,800       6,554  

Daikin Industries Ltd

    108,100       11,523  

Daito Trust Construction Co Ltd

    63,600       8,704  

Daiwa House Industry Co Ltd

    230,100       7,336  

Don Quijote Holdings Co Ltd

    17,200       1,069  

East Japan Railway Co

    179,000       15,843  

Eisai Co Ltd

    26,100       2,023  

FamilyMart UNY Holdings Co Ltd

    12,700       1,610  

FANUC Corp

    83,400       12,672  

Fast Retailing

    2,600       1,336  

FUJIFILM Holdings Corp

    254,100       9,889  

Fujitsu Ltd

    177,700       11,090  

Goldcrest Co Ltd

    21,700       313  

Hakuhodo DY Holdings Inc

    117,500       1,687  

Haseko Corp

    515,300       5,425  

Hikari Tsushin Inc

    4,100       642  

Hisamitsu Pharmaceutical Co Inc

    200       11  

Hitachi Ltd

    18,400       492  

Hoshizaki Corp

    81,600       4,968  

Hoya Corp

    54,500       3,286  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

3


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Equity Fund (Continued)

    

 

     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

Idemitsu Kosan Co Ltd

    31,700       $ 1,043  

IHI Corp

    24,600       679  

Iida Group Holdings Co Ltd

    12,500       217  

ITOCHU Corp

    239,400       4,074  

Japan Airlines Co Ltd

    411,300       14,587  

Japan Post Holdings Co Ltd

    313,900       3,619  

Japan Post Insurance

    9,600       223  

Japan Prime Realty Investment, Cl A

    113       429  

Japan Real Estate Investment, Cl A

    86       483  

JXTG Holdings Inc

    611,400       3,214  

Kakaku.com

    1,800       32  

Kao Corp

    116,500       8,658  

KDDI Corp

    890,200       21,290  

Keihan Holdings

    18,600       759  

Keio

    15,700       914  

Keisei Electric Railway Co Ltd

    7,100       223  

Keyence Corp

    47,700       24,208  

Kikkoman Corp

    28,700       1,546  

Kirin Holdings Co Ltd

    112,300       2,353  

Kobayashi Pharmaceutical Co Ltd

    2,400       163  

Kohnan Shoji Co Ltd

    33,900       823  

Koito Manufacturing Co Ltd

    169,910       8,796  

Kokuyo Co Ltd

    85,700       1,254  

Konami Holdings Corp

    112,600       4,931  

Kose Corp

    60,600       9,533  

K’s Holdings Corp

    154,800       1,524  

Kura Corp

    7,900       393  

Kyushu Electric Power

    14,800       177  

M3 Inc

    3,900       52  

Mabuchi Motor Co Ltd

    406,500       12,486  

Marubeni Corp

    464,000       3,267  

Marui Group

    38,400       747  

McDonald’s Holdings Co Japan Ltd

    10,600       450  

Medipal Holdings Corp

    24,100       517  

Mitsubishi Chemical Holdings Corp

    34,500       262  

Mitsubishi Corp

    55,600       1,530  

Mitsubishi UFJ Financial Group

    751,100       3,682  

Mitsui & Co Ltd

    35,900       553  

Mixi Inc

    134,000       2,812  

Mizuho Financial Group

    973,300       1,511  

Mizuno Corp

    23,400       497  

Mochida Pharmaceutical Co Ltd

    6,900       567  

MS&AD Insurance Group Holdings Inc

    572,800       16,352  

NET One Systems

    745,500       13,141  

NGK Spark Plug

    26,800       535  

Nidec Corp

    12,300       1,399  

Nihon Unisys Ltd

    69,200       1,546  

Nikon Corp (B)

    363,400       5,415  

Nippon Building Fund Inc, Cl A

    183       1,153  

Nippon Soda Co Ltd

    6,800       167  

Nippon Telegraph & Telephone Corp

    144,900       5,919  

Nippon Telegraph & Telephone Corp ADR

    547,020       22,231  
     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

Nissan Chemical Corp

    26,500       $ 1,391  

Nisshin Seifun Group Inc

    34,500       714  

Nomura Real Estate Master Fund Inc

    140       184  

North Pacific Bank Ltd

    232,900       624  

NTT Data Corp

    310,900       3,415  

Obic Co Ltd

    11,700       905  

Oji Holdings Corp

    85,000       438  

Omron Corp

    93,400       3,405  

Oriental Land Co Ltd/Japan

    41,100       4,141  

Otsuka Corp

    24,500       674  

Outsourcing Inc *(B)

    124,600       1,199  

Panasonic Corp

    815,200       7,360  

Park24

    17,100       376  

Recruit Holdings Co Ltd

    148,400       3,601  

Ricoh

    79,200       777  

Rohm Co Ltd

    183,900       11,800  

Rohto Pharmaceutical Co Ltd

    16,000       438  

Ryohin Keikaku Co Ltd

    1,200       290  

Saizeriya Co Ltd

    38,100       651  

Sanwa Shutter

    485,200       5,524  

Sawada Holdings Co Ltd

    3,700       31  

SBI Holdings Inc/Japan

    44,800       882  

Seiko Holdings Corp

    28,400       547  

Sekisui House Ltd

    743,400       10,970  

Seven & i Holdings Co Ltd

    263,600       11,492  

SG Holdings

    8,700       227  

Shimadzu

    9,600       190  

Shinsei Bank *

    21,500       257  

Shionogi & Co Ltd

    159,300       9,105  

Shiseido Co Ltd

    35,800       2,249  

Shizuoka Bank

    33,100       260  

Showa Corp

    45,600       538  

Showa Shell Sekiyu KK

    31,600       444  

SMC Corp/Japan

    27,900       8,453  

SoftBank Group

    2,800       186  

Sojitz Corp

    184,500       642  

Sompo Holdings Inc

    327,200       11,130  

Sony Corp

    200,800       9,748  

Sony Financial Holdings Inc

    31,700       594  

Sumitomo Corp

    191,000       2,718  

Sumitomo Dainippon Pharma Co Ltd

    89,600       2,854  

Sumitomo Mitsui Financial Group Inc

    331,900       11,027  

Sumitomo Mitsui Trust Holdings Inc

    404,122       14,815  

Suzuken Co Ltd/Aichi Japan

    49,400       2,517  

T&D Holdings Inc

    24,400       284  

Taisho Pharmaceutical Holdings

    7,500       754  

Takeda Pharmaceutical Co Ltd (B)

    1,120,100       37,825  

Takuma

    24,500       307  

TDK

    3,600       253  

Terumo Corp

    18,600       1,055  

TIS Inc

    69,000       2,720  

Tochigi Bank Ltd/The

    65,000       149  
 

 

 

4

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Equity Fund (Continued)

    

 

     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

Toho Gas Co Ltd

    15,100       $ 638  

Tokyo Century Corp

    8,900       392  

Tokyo Electric Power Co Holdings Inc *

    1,185,100       7,053  

Tokyu

    25,200       412  

Tomy

    55,500       556  

Towa Pharmaceutical

    3,300       231  

Toyo Seikan Group Holdings

    27,000       621  

Toyota Motor Corp

    107,600       6,283  

Toyota Motor Corp ADR (B)

    148,433       17,230  

Ube Industries Ltd

    192,900       3,928  

United Urban Investment Corp

    298       462  

Valqua

    12,800       259  

Wacoal Holdings Corp

    418,852       10,854  

Yamaha Corp

    27,400       1,169  

Yamato Holdings Co Ltd

    39,000       1,075  

Yamazaki Baking Co Ltd

    24,800       521  

Yokogawa Electric Corp

    18,900       327  
   

 

 

 

      616,362  
   

 

 

 

Jordan — 0.0%

 

Hikma Pharmaceuticals PLC

    13,645       298  
   

 

 

 

Malaysia — 0.0%

 

Tenaga Nasional Bhd

    136,677       450  
   

 

 

 

Malta — 0.0%

 

BGP Holdings *(C)

    198,683        
   

 

 

 

Mexico — 0.3%

 

Alfa SAB de CV, Cl A

    313,364       372  

Alpek, Cl A *

    198,960       243  

Grupo Aeroportuario del Centro Norte Sab, Cl B

    102,856       490  

Mexichem SAB de CV

    445,540       1,129  

Wal-Mart de Mexico SAB de CV

    3,487,100       8,850  
   

 

 

 

      11,084  
   

 

 

 

Netherlands — 6.7%

 

ABN AMRO Group NV (A)

    81,140       1,905  

Aegon NV (B)

    1,255,078       5,852  

AerCap Holdings NV *

    227,188       8,997  

Akzo Nobel NV (B)

    271,870       21,879  

ASML Holding NV

    95,128       14,916  

ASR Nederland NV

    213,849       8,453  

Heineken Holding NV

    95,314       8,036  

Heineken NV

    102,406       9,037  

ING Groep NV

    2,417,370       26,004  

Koninklijke Ahold Delhaize NV

    645,799       16,297  

Koninklijke DSM NV

    182,355       14,892  

Koninklijke KPN

    641,411       1,877  

Koninklijke Philips NV

    318,925       11,276  

Koninklijke Volkerwessels NV

    31,666       501  

NN Group NV

    216,481       8,612  

NXP Semiconductors NV

    194,530       14,255  

RELX PLC

    79,579       1,635  
     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

Royal Dutch Shell PLC, Cl A

    710,438       $ 20,835  

Royal Dutch Shell PLC, Cl B

    707,593       21,088  

Royal Dutch Shell PLC ADR, Cl B (B)

    278,352       16,684  

Wolters Kluwer NV

    252,190       14,893  
   

 

 

 

      247,924  
   

 

 

 

New Zealand — 0.1%

 

Air New Zealand Ltd

    813,826       1,692  

Fisher & Paykel Healthcare Corp Ltd

    102,265       891  

Ryman Healthcare

    22,276       160  

Spark New Zealand Ltd

    82,909       231  
   

 

 

 

      2,974  
   

 

 

 

Norway — 2.0%

 

Aker BP ASA

    19,131       482  

Atlantic Sapphire *

    1,411,030       11,244  

Equinor ASA

    151,060       3,206  

Grieg Seafood

    16,624       196  

Leroy Seafood Group

    105,778       805  

Magseis Fairfield *(B)

    2,539,249       4,369  

Marine Harvest ASA

    1,127,815       23,796  

Northern Drilling Ltd *

    596,449       3,499  

Salmar ASA

    40,482       2,001  

Telenor ASA

    691,287       13,372  

Yara International ASA

    243,704       9,386  
   

 

 

 

      72,356  
   

 

 

 

Poland — 0.0%

 

Polish Oil & Gas

    442,292       814  
   

 

 

 

Portugal — 0.2%

 

Altri SGPS SA

    55,465       368  

CTT Correios de Portugal

    99,092       333  

Energias de Portugal

    52,507       183  

Galp Energia SGPS SA, Cl B

    401,083       6,325  
   

 

 

 

      7,209  
   

 

 

 

Russia — 0.2%

 

Novolipetsk Steel PJSC GDR

    40,708       931  

Severstal PJSC GDR

    63,347       865  

Tatneft PJSC ADR

    73,492       4,630  
   

 

 

 

      6,426  
   

 

 

 

Singapore — 1.2%

 

CapitaLand Commercial Trust

    114,000       146  

City Developments Ltd

    1,961,900       11,688  

ComfortDelgro

    113,600       179  

DBS Group Holdings Ltd

    1,112,600       19,338  

Genting Singapore Ltd

    466,300       334  

Hong Leong Finance Ltd

    111,300       208  

Oversea-Chinese Banking Corp Ltd

    1,035,000       8,550  

Singapore Airlines Ltd

    123,800       856  

Singapore Exchange Ltd

    381,600       2,002  

Singapore Technologies Engineering Ltd

    75,100       192  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

5


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Equity Fund (Continued)

    

 

     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

United Overseas Bank Ltd

    9,500       $ 171  
   

 

 

 

      43,664  
   

 

 

 

South Africa — 0.1%

 

Investec PLC

    416,323       2,305  

Reunert Ltd

    92,931       458  

Telkom SA SOC Ltd

    141,818       624  
   

 

 

 

      3,387  
   

 

 

 

South Korea — 2.1%

 

BNK Financial Group Inc

    155,928       1,024  

Daelim Industrial Co Ltd

    4,671       429  

KT Corp ADR

    490,614       6,977  

LG Electronics Inc

    15,243       851  

Samsung Electronics Co Ltd

    642,220       22,275  

SK Hynix Inc

    59,613       3,232  

SK Innovation Co Ltd

    19,576       3,149  

SK Telecom Co Ltd

    86,872       20,982  

SK Telecom Co Ltd ADR

    742,654       19,903  
   

 

 

 

      78,822  
   

 

 

 

Spain — 1.5%

 

ACS Actividades de Construccion y Servicios SA

    254,165       9,829  

Amadeus IT Group SA, Cl A

    134,072       9,325  

Applus Services

    49,105       544  

Bankinter SA

    85,520       686  

CaixaBank SA

    2,035,083       7,361  

Cia de Distribucion Integral Logista Holdings SA

    35,441       886  

Enagas

    10,045       271  

Ence Energia y Celulosa SA

    261,506       1,640  

Endesa SA

    15,314       352  

Industria de Diseno Textil SA

    126,549       3,233  

International Consolidated Airlines Group SA

    125,812       995  

Liberbank *

    516,746       260  

Naturgy Energy Group

    63,264       1,610  

Red Electrica Corp SA

    23,009       513  

Repsol *(B)

    171,467       78  

Repsol SA

    171,467       2,760  

Unicaja Banco SA (A)

    11,477,455       15,088  
   

 

 

 

      55,431  
   

 

 

 

Sweden — 1.7%

 

Assa Abloy AB, Cl B

    71,519       1,276  

Atlas Copco AB, Cl A

    254,654       6,046  

Axfood

    48,823       835  

Betsson

    203,606       1,676  

Epiroc AB, Cl A *

    62,006       586  

Epiroc AB, Cl B *

    73,261       652  

Hexagon AB, Cl B

    193,135       8,888  

ICA Gruppen (B)

    90,647       3,239  

Lundin Petroleum AB

    32,570       813  

Millicom International Cellular SA

    274,453       17,382  
     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

Oriflame Holding AG

    51,427       $ 1,149  

Sandvik AB

    285,366       4,067  

Securitas, Cl B

    65,356       1,049  

Swedbank AB, Cl A

    337,306       7,524  

Swedish Match AB

    118,489       4,666  

Swedish Orphan Biovitrum AB *

    132,051       2,875  

Telefonaktiebolaget LM Ericsson, Cl B

    57,738       507  

Telia

    37,895       179  
   

 

 

 

      63,409  
   

 

 

 

Switzerland — 7.3%

 

ABB Ltd

    1,240,858       23,532  

Adecco Group AG

    218,395       10,175  

Aryzta AG *

    3,343,780       3,692  

Baloise Holding AG

    8,304       1,141  

Barry Callebaut AG

    371       576  

Chocoladefabriken Lindt & Sprungli

    233       2,669  

Cie Financiere Richemont SA

    313,951       20,064  

Geberit AG

    18,435       7,149  

Givaudan SA

    8,577       19,802  

Julius Baer Group Ltd

    187,575       6,662  

Lonza Group AG

    52,636       13,600  

Nestle SA

    149,589       12,109  

Novartis AG

    322,250       27,472  

Partners Group Holding AG (B)

    13,703       8,285  

Roche Holding AG

    203,664       50,286  

Schindler Holding AG

    2,525       495  

SGS SA

    3,261       7,311  

SIG Combibloc Group *

    404,920       4,297  

Sika AG

    81,540       10,306  

Sonova Holding AG

    52,468       8,548  

Straumann Holding AG

    951       596  

Swiss Life Holding AG

    40,796       15,668  

Swiss Re AG

    44,382       4,057  

Swisscom AG

    2,642       1,259  

Tecan Group AG

    3,617       700  

Temenos Group

    3,827       458  

UBS Group AG

    479,596       5,952  

Vifor Pharma AG

    9,178       995  

Zurich Insurance Group AG

    7,838       2,330  
   

 

 

 

      270,186  
   

 

 

 

Taiwan — 0.6%

 

China Development Financial Holding Corp

    5,091,000       1,610  

L.M. Development Co Ltd

    12,000       17  

MediaTek Inc

    787,000       5,876  

Simplo Technology Co Ltd

    189,000       1,279  

Taiwan Semiconductor Manufacturing Co Ltd ADR

    316,585       11,685  
   

 

 

 

      20,467  
   

 

 

 

Thailand — 0.1%

 

Bangchak Corp PCL

    989,000       965  
 

 

 

6

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Equity Fund (Continued)

    

 

     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

PTT Exploration & Production PCL

    368,100       $ 1,283  
   

 

 

 

      2,248  
   

 

 

 

Turkey — 0.1%

 

Akbank T.A.S. (B)

    2,286,164       2,948  

Turk Hava Yollari AO *

    179,464       544  
   

 

 

 

      3,492  
   

 

 

 

United Kingdom — 14.2%

 

3i Group PLC

    236,385       2,328  

Abcam PLC

    103,162       1,432  

Admiral Group PLC

    22,763       593  

Anglo American PLC (B)

    101,255       2,254  

Aon PLC

    52,200       7,588  

Ashtead Group PLC

    206,827       4,312  

AstraZeneca PLC

    258,472       19,333  

Auto Trader Group (A)

    67,028       388  

Aviva PLC

    3,089,858       14,777  

Balfour Beatty PLC

    2,483,272       7,885  

Bank of Ireland Group PLC

    1,743,248       9,709  

Barclays PLC

    11,098,418       21,276  

Berkeley Group Holdings PLC

    7,276       322  

BHP Group

    384,165       8,081  

BP PLC

    3,360,532       21,226  

BP PLC ADR

    181,995       6,901  

British American Tobacco PLC

    661,970       21,077  

British Land

    25,721       175  

Bunzl PLC

    403,663       12,179  

Burberry Group PLC

    91,474       2,022  

Carnival PLC

    242,097       11,603  

Centrica

    118,482       204  

Cobham PLC *

    8,845,252       11,008  

Compass Group PLC

    1,525,970       32,067  

Computacenter PLC

    62,379       799  

CRH PLC

    188,190       4,964  

Croda International PLC

    26,496       1,581  

DCC PLC

    63,735       4,858  

Evraz PLC

    823,407       5,039  

Ferguson PLC

    264,873       16,924  

Ferrexpo

    524,939       1,301  

Fevertree Drinks

    126,186       3,534  

Games Workshop Group PLC

    7,754       300  

GlaxoSmithKline PLC

    954,428       18,126  

Hargreaves Lansdown PLC

    48,139       1,134  

Hays PLC

    1,583,408       2,823  

HSBC Holdings PLC

    30,543       252  

IMI PLC

    299,538       3,601  

Inchcape PLC

    122,789       862  

Indivior PLC *

    326,107       467  

InterContinental Hotels Group PLC

    19,334       1,043  

International Consolidated Airlines Group

    189,247       1,490  

Intertek Group PLC

    30,747       1,880  

Investec PLC

    407,105       2,287  
     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

J Sainsbury

    313,791       $ 1,059  

JD Sports Fashion PLC

    95,690       425  

Johnson Matthey PLC

    151,650       5,406  

Kingfisher PLC

    3,183,244       8,412  

Legal & General Group PLC

    1,144,962       3,368  

Lloyds Banking Group PLC

    23,393,569       15,448  

London Stock Exchange Group PLC

    190,968       9,879  

Meggitt

    32,942       198  

Micro Focus International PLC

    551,985       9,723  

Mondi PLC

    180,298       3,751  

NMC Health

    17,596       613  

Pagegroup PLC

    91,024       523  

Pearson PLC

    136,252       1,628  

Persimmon PLC

    59,929       1,473  

Polyus PJSC GDR

    6,668       261  

Prudential PLC

    1,836,882       32,799  

QinetiQ Group PLC

    319,745       1,166  

Reckitt Benckiser Group PLC

    160,068       12,258  

RELX PLC

    748,256       15,405  

Rentokil Initial

    2,125,419       9,128  

Rio Tinto (LSE) PLC

    7,577       360  

Rolls-Royce Holdings PLC

    1,513,941       16,004  

Royal Bank of Scotland Group PLC

    5,800,199       16,008  

Royal Mail PLC

    150,459       521  

RSA Insurance Group PLC

    197,746       1,294  

Schroders PLC

    93,884       2,921  

Segro PLC

    191,650       1,437  

Spectris PLC

    137,856       4,001  

SSE PLC

    1,295,064       17,838  

SSP Group PLC

    137,139       1,131  

St James’s Place PLC

    734,571       8,832  

Stagecoach Group

    137,645       232  

Tate & Lyle PLC

    322,683       2,712  

Taylor Wimpey PLC

    86,891       151  

Tesco PLC

    5,346,142       12,944  

Vodafone Group PLC

    6,749,953       13,144  

Wm Morrison Supermarkets PLC

    343,356       933  
   

 

 

 

      525,391  
   

 

 

 

United States — 5.2%

 

Accenture PLC, Cl A

    93,566       13,194  

ASML Holding, Cl G

    40,170       6,251  

Atlassian, Cl A *

    17,637       1,569  

Axis Capital Holdings Ltd

    337,488       17,428  

Chubb Ltd

    95,146       12,291  

Coca-Cola European Partners PLC

    24,591       1,128  

Core Laboratories NV (B)

    125,569       7,491  

Flex Ltd *

    1,324,793       10,082  

ICON PLC *

    205,801       26,592  

IQVIA Holdings *

    28,303       3,288  

Mettler-Toledo International Inc *

    20,000       11,312  

Microsoft Corp

    99,983       10,155  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

7


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Equity Fund (Continued)

    

 

     
Description   Shares    

Market Value

  ($ Thousands)

COMMON STOCK (continued)

   

Nice Ltd ADR *(B)

    39,465       $ 4,271  

Nomad Foods Ltd *

    303,579       5,076  

Norwegian Cruise Line Holdings *

    159,713       6,770  

nVent Electric PLC

    254,633       5,719  

ResMed

    67,993       7,742  

Sensata Technologies Holding PLC *

    215,213       9,650  

Shopify Inc, Cl A *(B)

    85,235       11,801  

Takeda Pharmaceutical ADR (B)

    83,793       1,409  

Tower Semiconductor Ltd *

    190,100       2,802  

UBS Group AG

    1,150,814       14,247  
   

 

 

 

      190,268  
   

 

 

 

Total Common Stock
(Cost $3,618,064) ($ Thousands)

      3,454,007  
   

 

 

 

PREFERRED STOCK — 1.6%

 

Brazil — 0.0%

 

Braskem SA (D)

    75,200       919  
   

 

 

 

Germany — 1.1%

 

Henkel AG & Co KGaA (D)

    60,780       6,629  

Sartorius (D)

    6,052       753  

Volkswagen AG (D)

    215,769       34,265  
   

 

 

 

      41,647  
   

 

 

 

     
Description   Shares    

Market Value

  ($ Thousands)

PREFERRED STOCK (continued)

   

South Korea — 0.5%

 

Hyundai Motor Co (D)

    111,832       $ 7,036  

Samsung Electronics Co Ltd (D)

    398,400       11,336  
   

 

 

 

      18,372  
   

 

 

 

Total Preferred Stock
(Cost $66,850) ($ Thousands)

      60,938  
   

 

 

 

AFFILIATED PARTNERSHIP — 3.8%

 

SEI Liquidity Fund, L.P.

   

2.420% **(E)

    139,256,523       139,250  
   

 

 

 

Total Affiliated Partnership
(Cost $139,257) ($ Thousands)

      139,250  
 

 

 

 

CASH EQUIVALENT — 2.6%

 

SEI Daily Income Trust, Government Fund, Cl F

   

2.200%**

    96,276,627       96,277  
   

 

 

 

Total Cash Equivalent
(Cost $96,277) ($ Thousands)

      96,277  
   

 

 

 

Total Investments in Securities — 101.6%
(Cost $3,920,448) ($ Thousands)

      $ 3,750,472  
 

 

 

 

 

A list of the open futures contracts held by the Fund at December 31, 2018, is as follows:

 

Type of Contract   

Number of

Contracts

Long (Short)

     Expiration
Date
    

  Notional Amount

(Thousands)

  

Value

        (Thousands)

  

Unrealized
Appreciation/
      (Depreciation)

(Thousands)

DJ Euro Stoxx 50 Index

     1,198        Mar-2019       $ 41,265       $ 40,729       $ (780

FTSE 100 Index

     266        Mar-2019        22,338        22,559        36  

Hang Seng Index

     16        Jan-2019        2,606        2,642        34  

SPI 200 Index

     105        Mar-2019        10,358        10,277        114  

Topix Index

     213        Mar-2019        29,831        28,995        (1,757
        

 

 

 

  

 

 

 

  

 

 

 

          $  106,398       $  105,202       $ (2,353
        

 

 

 

  

 

 

 

  

 

 

 

 

Percentages are based on Net Assets of $3,689,213 ($ Thousands).

*

Non-income producing security.

**

Rate shown is the 7-day effective yield as of December 31, 2018.

 

Investment in Affiliated Security.

 

Real Estate Investment Trust.

(A)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2018, the value of these securities amounted to $56,955 ($ Thousands), representing 1.5% of the Net Assets of the Fund.

(B)

Certain securities or partial positions of certain securities are on loan at December 31, 2018. The total market value of securities on loan at December 31, 2018 was $153,343 ($ Thousands).

(C)

Level 3 security in accordance with fair value hierarchy.

(D)

There is currently no rate available.

(E)

This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2018 was $139,250 ($ Thousands).

ADR — American Depositary Receipt

Cl — Class

DJ — Dow Jones

FTSE — Financial Times and Stock Exchange

GDR — Global Depositary Receipt

LSE — London Stock Exchange

Ltd. — Limited

PJSC — Public Joint-Stock Company

PLC — Public Limited Company

SPI — Share Price Index

TSX — Toronto Stock Exchange

 

 

 

 

8

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Equity Fund (Continued)

    

 

The following is a list of the level of inputs used as of December 31, 2018, 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

    $ 3,454,007       $       $       $ 3,454,007  

Preferred Stock

    60,938                   60,938  

Affiliated Partnership

          139,250             139,250  

Cash Equivalent

    96,277                   96,277  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Investments in Securities

    $  3,611,222       $  139,250       $     –       $  3,750,472  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

       
Other Financial
Instruments
  Level 1   Level 2   Level 3   Total

Futures Contracts *

       

Unrealized Appreciation

    $ 184       $       $       $ 184  

Unrealized Depreciation

    (2,537                 (2,537
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Other Financial Instruments

    $ (2,353     $       $       $ (2,353
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

For the period ended December 31, 2018, 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, 2018, 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.

 

The following is a summary of the transactions with affiliates for the period ended December 31, 2018 ($Thousands):

 

               
Security Description    Value 9/30/2018   

Purchases

at Cost

   Proceeds
from Sales
   Realized Gain
(Loss)
   Change in Unrealized
Appreciation (Depreciation)
   Value
12/31/2018
   Income

SEI Liquidity Fund, L.P.

     $ 248,878        $ 319,387        $ (429,023)        $ 8        $ —        $ 139,250        $ 513  

SEI Daily Income Trust, Government Fund, Cl F

     153,816        39,076        (96,615)                      96,277        644  
  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Totals

         $ 402,694            $ 358,463            $ (525,638)            $ 8        $ —        $ 235,527              $ 1,157  
  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

9


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Equity Fund

    

 

     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK — 90.1%

   

Argentina — 0.4%

   

Arcos Dorados Holdings Inc, Cl A

    219,600       $ 1,735  

Cresud SACIF y A ADR *

    85,426       1,038  

IRSA Inversiones y Representaciones SA ADR *(A)

    73,300       957  

MercadoLibre Inc *

    7,914       2,318  

Ternium SA ADR

    37,900       1,027  
   

 

 

 

      7,075  
   

 

 

 

Austria — 0.1%

   

Erste Group Bank AG *

    43,069       1,430  
   

 

 

 

Brazil — 7.4%

   

Ambev SA

    529,700       2,102  

Atacadao Distribuicao Comercio e Industria Ltda *

    1,040,600       4,857  

Azul SA ADR *

    65,074       1,802  

B2W Cia Digital *

    1,205,184       13,066  

B3 SA - Brasil Bolsa Balcao *

    671,100       4,642  

Banco Bradesco SA ADR *

    941,666       9,313  

Banco do Brasil SA *

    140,200       1,682  

Banco Santander Brasil SA

    146,800       1,617  

Banco Santander Brasil SA ADR

    218,200       2,429  

BK Brasil Operacao e Assessoria a Restaurantes SA *

    664,027       3,543  

BRF SA ADR *(A)

    378,300       2,149  

CCR SA

    646,800       1,869  

Cosan SA

    338,000       2,918  

CVC Brasil Operadora e Agencia de Viagens SA

    307,900       4,860  

Cyrela Brazil Realty SA Empreendimentos e Participacoes

    513,849       2,051  

Duratex SA

    1,136,700       3,470  

Energisa SA

    539,429       5,164  

Eneva *

    165,200       686  

Engie Brasil Energia SA

    78,750       671  

Estacio Participacoes SA

    99,400       609  

Fibria Celulose

    53,200       928  

Hapvida Participacoes e Investimentos SA *(B)

    535,581       4,311  

Hypera SA *

    157,160       1,225  

IRB Brasil Resseguros S/A

    49,700       1,070  

JBS SA

    367,500       1,099  

Kroton Educacional SA

    561,700       1,286  

Localiza Rent a Car SA *

    212,500       1,631  

Lojas Renner SA

    208,600       2,282  

Magazine Luiza SA

    35,454       1,656  

Natura Cosmeticos

    65,500       761  

Notre Dame Intermedica Participacoes SA *

    531,500       3,988  

Petrobras Distribuidora SA

    317,800       2,107  

Petroleo Brasileiro SA ADR *

    673,445       8,762  

Porto Seguro SA

    60,548       815  

Rumo SA *

    1,167,135       5,119  
     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

SLC Agricola SA

    56,600       $ 611  

Smiles Fidelidade

    40,900       462  

Telefonica Brasil SA ADR

    150,400       1,794  

TIM Participacoes SA ADR

    119,000       1,825  

Transmissora Alianca de Energia Eletrica

    106,700       650  

Ultrapar Participacoes ADR

    139,732       1,892  

Vale SA

    155,700       2,049  

Vale SA ADR, Cl B

    330,794       4,363  
   

 

 

 

      120,186  
   

 

 

 

Canada — 1.0%

   

Autohome Inc ADR *(A)

    28,300       2,214  

First Quantum Minerals Ltd

    1,276,775       10,320  

Parex Resources Inc *

    109,314       1,309  

Yamana Gold Inc

    706,332       1,667  
   

 

 

 

      15,510  
   

 

 

 

Chile — 0.3%

   

Cia Cervecerias Unidas SA ADR

    52,991       1,332  

Colbun

    1,715,597       345  

Enel Americas SA ADR

    246,297       2,197  

Inversiones La Construccion

    21,481       345  

Sociedad Quimica y Minera de Chile SA ADR (A)

    24,500       938  
   

 

 

 

      5,157  
   

 

 

 

China — 18.3%

   

AAC Technologies Holdings Inc

    165,133       959  

Agricultural Bank of China Ltd, Cl H

    10,347,932       4,533  

Air China Ltd, Cl H

    674,000       587  

Alibaba Group Holding Ltd ADR *

    235,581       32,291  

Angang Steel Co Ltd, Cl H (A)

    3,045,113       2,100  

Anhui Conch Cement Co Ltd, Cl H

    598,000       2,902  

ANTA Sports Products Ltd

    274,069       1,314  

Baidu Inc ADR *

    107,974       17,125  

Bank of China Ltd, Cl H

    8,614,000       3,719  

Bank of Communications Co Ltd, Cl H

    1,907,000       1,488  

BeiGene Ltd ADR *

    5,546       778  

Changyou.com Ltd ADR *

    98,500       1,801  

China CITIC Bank, Cl H

    2,104,000       1,279  

China Coal Energy, Cl H

    2,723,000       1,071  

China Communications Services Corp Ltd, Cl H

    1,880,000       1,556  

China Construction Bank Corp, Cl H

    18,811,000       15,521  

China Longyuan Power Group Corp Ltd, Cl H

    2,629,000       1,790  

China Merchants Bank Co Ltd, Cl H

    368,576       1,351  

China Molybdenum Co Ltd, Cl H

    4,410,000       1,622  

China National Building Material Co Ltd, Cl H

    7,002,357       4,794  

China Pacific Insurance Group Co Ltd, Cl H

    152,200       493  

China Petroleum & Chemical Corp, Cl H

    4,124,000       2,945  

China Vanke Co Ltd, Cl H

    766,600       2,605  

CITIC Securities Co Ltd, Cl H

    1,147,000       1,978  

Country Garden Holdings Co Ltd

    1,396,000       1,699  

CRRC Corp Ltd

    5,101,408       4,978  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

1


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Equity Fund (Continued)

    

 

     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

Ctrip.com International Ltd ADR *

    160,562       $ 4,345  

Dongyue Group

    607,000       313  

Hangzhou Hikvision Digital Technology Co Ltd, Cl A

    481,900       1,808  

Han’s Laser Technology Industry Group, Cl A

    323,200       1,429  

Huaneng Power International Inc, Cl H

    2,044,000       1,300  

Industrial & Commercial Bank of China Ltd, Cl H

    37,748,419       26,952  

JD.com Inc ADR *

    82,800       1,733  

Jiangxi Copper, Cl H

    565,000       665  

Kingsoft Corp Ltd

    965,000       1,390  

Kweichow Moutai Co Ltd, Cl A

    16,200       1,392  

Lens Technology Co Ltd, Cl A

    1,488,500       1,411  

Momo Inc ADR *

    88,306       2,097  

NetEase Inc ADR

    20,184       4,751  

New Oriental Education & Technology Group Inc ADR *

    42,270       2,317  

Offshore Oil Engineering

    1,293,425       919  

PetroChina Co Ltd, Cl H

    2,210,000       1,378  

Ping An Insurance Group Co of China Ltd, Cl H

    2,232,857       19,721  

SINA Corp/China *

    100,500       5,391  

Sinopharm Group Co Ltd, Cl H

    817,200       3,434  

Sinotruk Hong Kong Ltd (A)

    1,725,000       2,600  

Sohu.com Ltd ADR *(A)

    147,600       2,571  

Tencent Holdings Ltd

    1,429,343       57,325  

Tingyi Cayman Islands Holding Corp

    2,056,000       2,747  

Tsingtao Brewery Co Ltd, Cl H

    340,000       1,372  

Uni-President China Holdings Ltd

    3,607,400       3,133  

Vipshop Holdings Ltd ADR *

    349,875       1,910  

Weibo Corp ADR *(A)

    82,656       4,830  

Weichai Power Co Ltd, Cl H

    1,016,000       1,161  

Zhejiang Expressway Co Ltd, Cl H

    2,416,000       2,095  

Zhejiang Huace Film & TV Co Ltd, Cl A

    2,345,829       3,061  

Zhongsheng Group Holdings (A)

    1,096,000       2,173  

Zhuzhou CRRC Times Electric Co Ltd, Cl H

    1,851,447       10,263  

Zijin Mining Group Co Ltd, Cl H

    5,222,000       1,981  

ZTO Express Cayman Inc ADR *

    305,461       4,835  
   

 

 

 

      298,082  
   

 

 

 

Colombia — 0.3%

 

Bancolombia SA ADR, Cl R

    108,953       4,151  

Ecopetrol SA

    1,360,695       1,108  
   

 

 

 

      5,259  
   

 

 

 

Czech Republic — 0.4%

 

CEZ AS

    125,447       2,981  

Komercni banka as

    68,435       2,575  

Moneta Money Bank AS (B)

    277,748       894  
   

 

 

 

      6,450  
   

 

 

 

     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

Egypt — 0.2%

   

Commercial International Bank Egypt SAE GDR

    762,988       $ 3,239  
   

 

 

 

Greece — 0.3%

   

Eurobank Ergasias SA *

    4,579,929       2,827  

Motor Oil Hellas Corinth Refineries

    25,254       606  

National Bank of Greece SA *

    1,183,049       1,488  
   

 

 

 

      4,921  
   

 

 

 

Hong Kong — 8.2%

   

3SBio Inc (B)

    1,120,000       1,436  

A-Living Services Co Ltd, Cl H *(A)(B)

    830,500       1,127  

ASM Pacific Technology Ltd

    298,100       2,873  

Beijing Enterprises Water Group Ltd

    7,576,000       3,861  

Brilliance China Automotive Holdings Ltd

    4,354,203       3,242  

Chaoda Modern Agriculture Holdings Ltd *

    2,056,181       19  

China Conch Venture Holdings Ltd

    565,500       1,683  

China Everbright International Ltd

    5,625,100       5,044  

China Everbright Ltd

    1,816,000       3,219  

China Gas Holdings Ltd

    1,115,200       3,974  

China High Precision Automation Group Ltd *(C)

    1,385,624        

China Medical System Holdings Ltd

    4,056,200       3,772  

China Mengniu Dairy Co Ltd *

    2,448,459       7,631  

China Mobile Ltd

    1,483,800       14,280  

China Mobile Ltd ADR

    206,385       9,906  

China Resources Gas Group

    296,000       1,172  

China Resources Pharmaceutical Group (B)

    775,000       1,012  

China SCE Group Holdings

    1,736,000       632  

China State Construction International Holdings Ltd

    3,513,123       2,791  

China Taiping Insurance Holdings Co Ltd

    2,160,591       5,933  

China Traditional Chinese Medicine Holdings Co Ltd

    3,096,000       1,803  

CIFI Holdings Group Co Ltd

    1,664,000       884  

CIMC Enric Holdings Ltd

    1,926,000       1,474  

CITIC Ltd

    2,892,000       4,536  

CNOOC Ltd

    8,232,200       12,723  

Geely Automobile Holdings Ltd

    300,000       529  

Genscript Biotech Corp *(A)

    568,000       766  

Greentown Service Group

    268,000       205  

Guangdong Investment Ltd

    270,000       522  

Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd, Cl H

    154,000       552  

Haier Electronics Group Co Ltd

    1,147,100       2,822  

Hua Hong Semiconductor Ltd (B)

    727,000       1,346  

Huatai Securities Co Ltd, Cl H (A)(B)

    2,437,600       3,861  

Kunlun Energy

    996,000       1,056  

Lee & Man Paper Manufacturing Ltd

    1,559,000       1,322  

Li Ning Co Ltd *

    2,336,000       2,506  

Semiconductor Manufacturing International Corp *(A)

    2,569,849       2,248  
 

 

 

2

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Equity Fund (Continued)

    

 

     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

Shandong Weigao Group Medical Polymer Co Ltd, Cl H

    1,580,000       $ 1,279  

Shenzhen Investment

    3,832,000       1,268  

Shimao Property Holdings Ltd

    940,500       2,511  

Sino Biopharmaceutical Ltd

    3,951,301       2,604  

SJM Holdings Ltd

    2,738,000       2,553  

Sunny Optical Technology Group Co Ltd

    683,978       6,080  

Techtronic Industries Co Ltd

    724,500       3,849  

Yuexiu Property Co Ltd

    6,710,000       1,234  
   

 

 

 

      134,140  
   

 

 

 

Hungary — 0.5%

   

MOL Hungarian Oil & Gas PLC

    353,832       3,881  

OTP Bank Nyrt

    126,382       5,084  
   

 

 

 

      8,965  
   

 

 

 

India — 8.4%

   

Apollo Hospitals Enterprise

    119,203       2,148  

APS Holdings Corp *

    1        

Ashok Leyland Ltd

    1,631,296       2,395  

Aurobindo Pharma Ltd

    131,229       1,378  

Axis Bank Ltd *

    221,493       1,967  

Bajaj Auto Ltd

    141,094       5,497  

Cipla Ltd/India

    215,315       1,602  

CreditAccess Grameen Ltd *

    171,093       939  

Cummins India Ltd

    232,629       2,831  

Dabur India Ltd

    246,443       1,520  

Dewan Housing Finance Corp Ltd

    482,399       1,723  

Dr Reddy’s Laboratories

    53,702       2,013  

Exide Industries Ltd

    308,929       1,186  

GAIL India

    512,500       2,645  

HCL Technologies Ltd

    125,514       1,734  

HDFC Bank Ltd

    155,076       4,713  

HDFC Bank Ltd ADR

    48,381       5,012  

Hero MotoCorp Ltd

    44,474       1,977  

Hindustan Unilever Ltd

    139,906       3,647  

Housing Development Finance Corp Ltd

    355,540       10,024  

ICICI Bank Ltd

    1,723,895       8,893  

ICICI Bank Ltd ADR

    638,782       6,573  

ICICI Lombard General Insurance (B)

    87,700       1,086  

Infosys Ltd

    705,860       6,662  

ITC Ltd

    310,686       1,253  

JM Financial Ltd

    528,780       711  

Larsen & Toubro Ltd

    141,624       2,916  

Mahindra & Mahindra Ltd

    154,024       1,773  

Motherson Sumi Systems Ltd

    1,247,903       2,982  

Power Grid Corp of India Ltd

    1,072,884       3,053  

Prestige Estates Projects Ltd

    181,899       573  

Reliance Industries Ltd

    640,370       10,285  

Reliance Industries Ltd GDR (B)

    660,566       21,039  

SH Kelkar & Co Ltd (B)

    385,654       949  

Shriram Transport Finance Co Ltd

    237,122       4,211  

Tata Chemicals Ltd

    174,638       1,768  
     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

Tata Motors Ltd *

    125,327       $ 310  

United Spirits Ltd *

    394,190       3,590  

UPL

    125,938       1,368  

Vedanta Ltd

    762,275       2,208  

WNS Holdings ADR *

    17,000       701  
   

 

 

 

      137,855  
   

 

 

 

Indonesia — 1.5%

   

Astra International Tbk PT

    8,564,600       4,899  

Bank Negara Indonesia Persero Tbk PT

    3,796,500       2,323  

Bank Rakyat Indonesia Persero Tbk PT

    30,658,305       7,803  

Bukit Asam Tbk PT

    3,965,700       1,186  

Charoen Pokphand Indonesia

    1,695,600       852  

Indofood CBP Sukses Makmur

    999,400       726  

Matahari Department Store Tbk PT

    2,274,600       886  

Perusahaan Gas Negara Persero Tbk

    13,512,100       1,992  

Semen Indonesia Persero

    1,834,800       1,467  

Surya Citra Media Tbk PT

    7,271,000       946  

United Tractors Tbk PT

    421,730       802  
   

 

 

 

      23,882  
   

 

 

 

Italy — 0.1%

   

PRADA SpA

    354,900       1,170  
   

 

 

 

Malaysia — 0.8%

   

AirAsia Group Bhd

    1,512,700       1,087  

AMMB Holdings Bhd

    946,300       994  

CIMB Group Holdings Bhd

    818,600       1,131  

Hong Leong Financial Group

    147,300       661  

Inari Amertron Bhd

    5,020,275       1,822  

Malayan Banking Bhd

    1,388,100       3,191  

Malaysia Building Society

    1,546,000       344  

Petronas Chemicals Group Bhd

    491,800       1,106  

Petronas Dagangan Bhd

    325,400       2,087  

RHB Bank

    462,500       592  

UEM Sunrise Bhd

    2,293,195       369  
   

 

 

 

      13,384  
   

 

 

 

Mexico — 2.6%

   

Alfa SAB de CV, Cl A

    1,154,500       1,371  

America Movil SAB de CV ADR, Cl L

    90,435       1,289  

Arca Continental SAB de CV

    69,300       387  

Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand ADR

    236,478       1,457  

Cemex SAB de CV ADR *

    158,083       762  

Coca-Cola Femsa SAB de CV ADR

    75,580       4,598  

Fomento Economico Mexicano SAB de CV

    428,168       3,674  

Fomento Economico Mexicano SAB de CV ADR

    41,179       3,543  

Gruma SAB de CV, Cl B

    175,050       1,972  

Grupo Financiero Banorte SAB de CV, Cl O

    1,280,453       6,237  

Grupo Mexico SAB de CV, Ser B

    1,059,200       2,182  

Grupo Televisa SAB ADR

    243,725       3,066  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

3


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Equity Fund (Continued)

    

 

     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

Infraestructura Energetica Nova SAB de CV

    614,619       $ 2,279  

Megacable Holdings SAB de CV

    73,300       328  

Mexichem SAB de CV

    1,646,289       4,172  

Qualitas Controladora

    166,700       350  

Wal-Mart de Mexico SAB de CV

    1,748,094       4,436  
   

 

 

 

      42,103  
   

 

 

 

Netherlands — 0.1%

   

SBM Offshore NV

    132,190       1,953  

VEON Ltd ADR

    201,860       473  
   

 

 

 

      2,426  
   

 

 

 

Panama — 0.2%

   

Copa Holdings SA, Cl A

    42,356       3,334  
   

 

 

 

Peru — 0.8%

   

Cia de Minas Buenaventura SAA ADR

    153,600       2,492  

Credicorp Ltd

    48,519       10,755  
   

 

 

 

      13,247  
   

 

 

 

Philippines — 0.8%

   

Ayala Corp

    62,230       1,065  

BDO Unibank Inc

    1,008,685       2,509  

Globe Telecom Inc

    45,930       1,660  

GT Capital Holdings Inc

    91,095       1,689  

Manila Electric Co

    233,130       1,685  

Megaworld

    3,907,000       353  

Metropolitan Bank & Trust Co

    2,197,830       3,383  
   

 

 

 

      12,344  
   

 

 

 

Poland — 1.2%

   

Bank Handlowy w Warszawie

    14,314       263  

Dino Polska SA *(B)

    178,572       4,556  

Grupa Lotos SA

    47,070       1,109  

Jastrzebska Spolka Weglowa

    25,728       461  

Polski Koncern Naftowy ORLEN SA

    67,855       1,953  

Powszechna Kasa Oszczednosci Bank Polski SA

    274,358       2,883  

Powszechny Zaklad Ubezpieczen SA

    655,778       7,663  

Warsaw Stock Exchange

    35,803       349  
   

 

 

 

      19,237  
   

 

 

 

Portugal — 0.2%

   

Galp Energia SGPS SA, Cl B

    174,340       2,749  
   

 

 

 

Qatar — 0.2%

   

Barwa Real Estate

    98,382       1,078  

Ooredoo QPSC

    32,380       667  

Qatar International Islamic Bank QSC

    34,720       631  

Qatar National Bank QPSC

    12,515       670  
   

 

 

 

      3,046  
   

 

 

 

Russia — 4.8%

   

Detsky Mir PJSC

    952,100       1,241  

Gazprom PJSC

    504,140       1,115  

Gazprom PJSC ADR

    1,004,636       4,446  
     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

Inter RAO UES PJSC

    7,360,000       $ 411  

LUKOIL PJSC ADR

    282,939       20,200  

Mail.Ru Group Ltd GDR *

    106,587       2,505  

Mobile TeleSystems PJSC ADR

    122,975       861  

Novatek PJSC GDR

    1,830       309  

Rosneft Oil Co PJSC GDR

    588,158       3,635  

Sberbank of Russia PJSC

    776,669       2,086  

Sberbank of Russia PJSC ADR

    1,822,629       19,976  

X5 Retail Group NV GDR

    289,054       7,163  

Yandex NV, Cl A *

    542,638       14,841  
   

 

 

 

      78,789  
   

 

 

 

Singapore — 0.1%

   

Japfa

    782,500       419  

Yangzijiang Shipbuilding Holdings

    896,200       822  
   

 

 

 

      1,241  
   

 

 

 

South Africa — 4.0%

   

AngloGold Ashanti

    184,087       2,326  

AngloGold Ashanti Ltd ADR

    56,300       707  

Barloworld Ltd

    146,574       1,173  

Bid Corp Ltd

    142,180       2,619  

Bidvest Group Ltd/The

    103,425       1,487  

Capitec Bank Holdings Ltd (A)

    70,629       5,489  

FirstRand Ltd

    848,990       3,869  

Foschini Group Ltd/The

    180,089       2,081  

Harmony Gold Mining *

    290,859       510  

JSE Ltd

    233,412       2,686  

Liberty Holdings Ltd

    80,706       617  

MTN Group Ltd

    138,954       860  

Naspers Ltd, Cl N

    64,733       13,015  

Nedbank Group Ltd

    66,870       1,277  

Old Mutual Ltd

    1,586,165       2,470  

Petra Diamonds Ltd *(A)

    1,502,054       721  

Pick n Pay Stores Ltd

    146,103       688  

RMB Holdings Ltd

    487,920       2,676  

Sanlam Ltd

    128,910       715  

Sasol Ltd

    150,320       4,441  

SPAR Group Ltd/The

    154,606       2,230  

Standard Bank Group Ltd

    545,572       6,782  

Telkom SA SOC Ltd

    188,088       828  

Truworths International Ltd

    527,627       3,232  

Vodacom Group Ltd

    96,688       887  

Woolworths Holdings Ltd/South Africa

    220,337       844  
   

 

 

 

      65,230  
   

 

 

 

South Korea — 14.0%

   

BNK Financial Group Inc

    71,211       468  

Cheil Worldwide

    111,434       2,247  

CJ Logistics *

    6,675       999  

Com2uSCorp

    23,736       2,744  

Coway Co Ltd

    85,234       5,660  

Daelim Industrial Co Ltd

    13,582       1,248  
 

 

 

4

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Equity Fund (Continued)

    

 

     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

Daesang

    29,171       $ 655  

DB Insurance Co Ltd

    74,642       4,709  

Dentium Co Ltd (A)

    13,656       704  

Doosan

    4,063       406  

Doosan Bobcat Inc

    166,239       4,693  

Doosan Infracore *

    58,251       396  

E-MART Inc

    2,811       460  

Fila Korea

    24,418       1,171  

GS Engineering & Construction

    29,029       1,138  

GS Retail

    32,439       1,177  

Hana Financial Group Inc

    47,513       1,544  

Hyosung Advanced Materials Corp *

    1        

Hyosung TNC Co Ltd *

    2        

Hyundai Engineering & Construction Co Ltd

    80,256       3,927  

Hyundai Marine & Fire Insurance Co Ltd

    118,181       4,348  

Hyundai Mipo Dockyard Co Ltd *

    19,060       1,025  

Hyundai Motor Co

    29,180       3,099  

Kangwon Land Inc

    58,036       1,664  

KB Financial Group Inc

    58,789       2,450  

KB Financial Group Inc ADR

    55,597       2,334  

KCC Corp

    5,190       1,437  

Kia Motors Corp

    60,830       1,837  

Korean Air Lines

    40,262       1,193  

KT Corp ADR

    80,800       1,149  

KT&G Corp *

    31,658       2,880  

Kumho Petrochemical

    13,500       1,056  

LG Chem Ltd *(A)

    15,303       4,759  

LG Corp

    48,518       3,039  

LG Household & Health Care Ltd (A)

    1,582       1,561  

LG Uplus Corp

    258,481       4,089  

Lotte Chemical Corp

    12,614       3,132  

Lotte Chilsung Beverage Co Ltd (A)

    1,241       1,557  

Lotte Confectionery Co Ltd

    4,626       626  

Lotte Corp *(A)

    28,243       1,334  

Lotte Shopping Co Ltd

    16,176       3,059  

LS Industrial Systems Co Ltd

    19,024       835  

Mando Corp (A)

    73,758       1,914  

Medy-Tox

    2,219       1,149  

NAVER Corp

    18,185       1,988  

NCSoft Corp (A)

    27,076       11,320  

Netmarble Corp (A)(B)

    14,712       1,470  

Orange Life Insurance Ltd (B)

    48,956       1,229  

Orion Corp/Republic of Korea

    32,023       3,444  

Partron Co Ltd (A)

    220,428       1,616  

POSCO

    13,526       2,946  

Samsung Biologics *(A)(B)

    3,290       1,140  

Samsung Electro-Mechanics Co Ltd

    12,029       1,116  

Samsung Electronics Co Ltd

    1,640,067       56,884  

Samsung Engineering Co Ltd *

    364,142       5,744  

Samsung Fire & Marine Insurance

    4,683       1,129  

Samsung Life Insurance Co Ltd

    25,014       1,829  

Samsung SDI Co Ltd

    7,782       1,527  
     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

SFA Engineering Corp

    51,075       $ 1,584  

SK Hynix Inc

    322,729       17,499  

SK Innovation Co Ltd

    22,721       3,655  

SK Telecom Co Ltd

    59,240       14,308  

SK Telecom Co Ltd ADR

    345,820       9,268  

Woori Bank

    93,852       1,312  

Youngone

    26,855       923  
   

 

 

 

      227,803  
   

 

 

 

Switzerland — 0.2%

 

Hans Laser

    95,000       418  

Wens Foodstuf

    511,996       1,944  

Wizz Air Holdings Plc *

    38,858       1,387  
   

 

 

 

      3,749  
   

 

 

 

Taiwan — 7.3%

 

Accton Technology Corp

    747,200       2,397  

Airtac International Group

    303,681       2,969  

ASE Technology Holding Co Ltd

    951,372       1,804  

ASMedia Technology Inc

    88,000       1,431  

Catcher Technology Co Ltd

    713,040       5,220  

Cathay Financial Holding Co Ltd

    3,689,584       5,642  

China Development Financial Holding Corp

    3,341,000       1,056  

Chlitina Holding Ltd

    127,000       1,062  

Compal Electronics Inc

    3,035,000       1,723  

Cub Elecparts Inc

    3        

Delta Electronics Inc

    444,000       1,871  

Eclat Textile Co Ltd

    139,000       1,574  

Elite Advanced Laser Corp

    677,776       1,449  

Elite Material Co Ltd

    885,400       1,893  

eMemory Technology Inc

    163,200       1,391  

Fubon Financial Holding Co Ltd

    1,581,000       2,420  

Globalwafers Co Ltd

    247,000       2,254  

Hiwin Technologies Corp

    251,421       1,808  

Hon Hai Precision Industry Co Ltd

    2,094,003       4,823  

Hota Industrial Manufacturing Co Ltd

    1        

Inventec Corp

    4,632,000       3,323  

Largan Precision Co Ltd

    17,446       1,825  

MediaTek Inc

    1,716,568       12,817  

Merida Industry Co Ltd

    436,000       1,957  

Nanya Technology Corp

    285,000       510  

Parade Technologies Ltd

    182,600       2,554  

Silicon Motion Technology Corp ADR

    83,110       2,867  

Taiwan Semiconductor Manufacturing Co Ltd

    5,332,276       39,120  

Taiwan Semiconductor Manufacturing Co Ltd ADR

    264,633       9,768  

Wistron Corp

    2,867,235       1,782  
   

 

 

 

      119,310  
   

 

 

 

Thailand — 2.5%

 

Advanced Info Service PCL

    517,600       2,742  

Amata Corp PCL

    1,545,100       978  

Bangkok Bank NVDR

    184,900       1,153  

Bangkok Bank PCL

    694,900       4,332  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

5


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Equity Fund (Continued)

    

 

     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

Central Pattana PCL

    578,500       $ 1,328  

CP ALL PCL

    1,631,000       3,444  

CP ALL PCL NVDR

    1,634,019       3,450  

Home Product Center PCL

    11,973,600       5,590  

Minor International PCL NVDR

    3,385,947       3,536  

PTT Exploration & Production NVDR

    193,800       676  

PTT Exploration & Production PCL

    257,400       897  

PTT Global Chemical PCL NVDR

    495,600       1,085  

PTT PCL

    1,741,500       2,460  

PTT PCL NVDR

    920,800       1,301  

Quality Houses NVDR

    4,101,000       330  

Siam Cement PCL/The

    242,200       3,243  

Sri Trang Agro-Industry NVDR

    1,576,200       683  

Thai Oil PCL

    560,986       1,141  

Thai Union Group PCL NVDR

    1,751,100       871  

Thanachart Capital PCL NVDR

    568,300       868  
   

 

 

 

      40,108  
   

 

 

 

Turkey — 0.9%

   

Akbank T.A.S.

    1,402,314       1,808  

Anadolu Efes Biracilik Ve Malt Sanayii AS

    175,824       681  

Arcelik AS (A)

    368,763       1,094  

Eregli Demir ve Celik Fabrikalari TAS

    1,009,190       1,370  

Ford Otomotiv Sanayi AS

    99,585       936  

Mavi Giyim Sanayi Ve Ticaret AS, Cl B (B)

    168,906       1,023  

Sok Marketler Ticaret AS *

    1,098,866       2,220  

TAV Havalimanlari Holding AS

    267,044       1,201  

Tekfen Holding AS

    269,111       1,048  

Turk Hava Yollari AO *

    157,409       477  

Turkcell Iletisim Hizmetleri AS

    816,959       1,869  

Turkcell Iletisim Hizmetleri AS ADR (A)

    104,235       586  

Turkiye Is Bankasi AS, Cl C

    454,504       387  
   

 

 

 

      14,700  
   

 

 

 

United Arab Emirates — 0.2%

   

Emaar Properties PJSC

    2,909,076       3,271  
   

 

 

 

United Kingdom — 1.3%

   

Anglo American PLC

    114,441       2,564  

Etalon Group PLC GDR

    56,800       93  

KAZ Minerals PLC

    951,717       6,448  

Magnitogorsk Iron & Steel Works PJSC GDR

    164,275       1,362  

Mail.Ru Group Ltd GDR *

    17,965       421  

Novatek PJSC GDR

    15,339       2,623  

Polyus PJSC GDR

    25,845       1,011  

Tullow Oil PLC *

    2,766,678       6,311  

Vivo Energy PLC (B)

    681,239       1,084  
   

 

 

 

      21,917  
   

 

 

 

United States — 0.4%

   

Bizlink Holding Inc

    123,000       896  

Corp America Airports SA *

    161,697       1,072  

IRSA Propiedades Comerciales ADR

    2,032       37  

Liberty Latin America Ltd, Cl C *

    139,811       2,037  
     
Description   Shares     Market Value
  ($ Thousands)

COMMON STOCK (continued)

   

Pagseguro Digital Ltd, Cl A *(A)

    130,100       $ 2,437  
   

 

 

 

      6,479  
   

 

 

 

Vietnam — 0.1%

   

Vincom Retail JSC *

    1,535,475       1,847  
   

 

 

 

Total Common Stock
(Cost $1,428,157) ($ Thousands)

      1,469,635  
   

 

 

 

PREFERRED STOCK — 2.7%

   

Brazil — 2.2%

   

Banco Bradesco SA * (D)

    345,389       3,444  

Banco do Estado do Rio Grande do Sul SA (D)

    143,600       822  

Braskem SA (D)

    72,700       889  

Cia Brasileira de Distribuicao * (D)

    32,400       677  

Cia Brasileira de Distribuicao
ADR *(A) (D)

    107,800       2,239  

Cia de Transmissao de Energia Eletrica Paulista (D)

    46,200       824  

Cia Paranaense de Energia (D)

    104,100       820  

Itau Unibanco Holding SA (D)

    894,601       8,194  

Itau Unibanco Holding SA ADR (D)

    384,781       3,517  

Itausa - Investimentos Itau SA (D)

    741,111       2,310  

Lojas Americanas SA (D)

    739,725       3,760  

Petroleo Brasileiro SA * (D)

    663,211       3,881  

Petroleo Brasileiro SA ADR, Cl A * (D)

    151,223       1,753  

Telefonica Brasil SA (D)

    152,900       1,824  
   

 

 

 

      34,954  
   

 

 

 

Colombia — 0.0%

   

Grupo Aval Acciones y Valores SA (D)

    2,202,575       678  
   

 

 

 

South Korea — 0.5%

   

Samsung Electronics Co Ltd (D)

    303,933       8,648  
   

 

 

 

Total Preferred Stock
(Cost $42,198) ($ Thousands)

      44,280  
   

 

 

 

EXCHANGE TRADED FUNDS — 2.4%

   

United States — 2.4%

   

iShares MSCI India ETF

    559,000       18,637  

iShares MSCI Taiwan ETF

    634,500       20,063  
   

 

 

 

Total Exchange Traded Funds
(Cost $38,514) ($ Thousands)

      38,700  
   

 

 

 

    Number of
    Participation
Notes
     

PARTICIPATION NOTES — 1.1%

   

China — 0.4%

   

Han’s Laser, Expires 04/09/2019

    922,350       4,062  
 

 

 

6

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Equity Fund (Continued)

    

 

     
Description   Number of
Participation
Notes
    Market Value
  ($ Thousands)

PARTICIPATION NOTES (continued)

   

Ping An Insurance, Expires 09/23/2019

    319,100       $ 2,597  
   

 

 

 

      6,659  
   

 

 

 

India — 0.0%

   

Motherson Sumi Systems Ltd, Expires 09/21/2021 *

    232,500       557  
   

 

 

 

Luxembourg — 0.1%

   

Hoa Phat Group JSC, Expires 11/20/2020 *

    827,736       1,093  
   

 

 

 

Switzerland — 0.6%

   

Hangzhou Kikvi, Expires 08/12/2019

    1,957,989       7,335  

Maanshan Iron, Expires 09/18/2019

    2,876,240       1,443  

Spring Airline, Expires 06/03/2019

    200,169       924  
   

 

 

 

      9,702  
   

 

 

 

Vietnam — 0.0%

   

Hoa Phat Group JSC, Expires 07/24/2018 *

    579,083       765  
   

 

 

 

Total Participation Notes
(Cost $24,141) ($ Thousands)

      18,776  
   

 

 

 

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

DEBENTURE BOND — 0.0%

   

Brazil — 0.0%

   

Vale, Ser 1997

   

0.000%, 09/30/2049 (E)

  BRL 8       $  
   

 

 

 

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

       
   

 

 

 

    Shares      

AFFILIATED PARTNERSHIP — 2.8%

   

SEI Liquidity Fund, L.P.

   

2.420% **(F)

    45,098,251       45,100  
   

 

 

 

Total Affiliated Partnership
(Cost $45,098) ($ Thousands)

 

    45,100  
   

 

 

 

CASH EQUIVALENT — 1.2%

   

SEI Daily Income Trust, Government Fund, Cl F

   

2.200% **

    20,080,456       20,080  
   

 

 

 

Total Cash Equivalent
(Cost $20,080) ($ Thousands)

      20,080  
   

 

 

 

Total Investments in Securities — 100.3%
(Cost $1,598,188) ($ Thousands)

 

    $ 1,636,571  
   

 

 

 

 

A list of the open futures contracts held by the Fund at December 31, 2018, is as follows:

 

Type of Contract    Number of
Contracts
Long (Short)
     Expiration
Date
       Notional Amount
(Thousands)
   Value
    (Thousands)
   Unrealized
Appreciation/
(Depreciation)
(Thousands)

MSCI Emerging Markets

     459        Mar-2019        $     22,286        $ 22,188        $ (98
        

 

 

 

  

 

 

 

  

 

 

 

 

Percentages are based on Net Assets of $1,631,833 ($ Thousands).

*

Non-income producing security.

**

Rate shown is the 7-day effective yield as of December 31, 2018.

 

Investment in Affiliated Security.

(A)

Certain securities or partial positions of certain securities are on loan at December 31, 2018. The total market value of securities on loan at December 31, 2018 was $46,556 ($ Thousands).

(B)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2018, the value of these securities amounted to $47,563 ($ Thousands), representing 2.9% of the Net Assets of the Fund.

(C)

Level 3 security in accordance with fair value hierarchy.

(D)

There is currently no rate available.

(E)

Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

(F)

This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2018 was $45,100 ($ Thousands).

ADR — American Depositary Receipt

Cl — Class

ETF — Exchange-Traded Fund

GDR — Global Depositary Receipt

JSC — Joint-Stock Company

JSE — Johannesburg Stock Exchange

Ltd. — Limited

MSCI — Morgan Stanley Capital International

NVDR — Non-Voting Depositary Receipt

PJSC — Public Joint-Stock Company

PLC — Public Limited Company

 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

7


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Equity Fund (Continued)

    

 

The following is a list of the level of inputs used as of December 31, 2018, in valuing the Fund’s investments carried at value ($ Thousands):

 

         
Investments in Securities   Level 1   Level 2   Level 3   Total

Common Stock

    $ 1,467,764       $ 1,871       $       $ 1,469,635  

Preferred Stock

    44,280                   44,280  

Exchange Traded Funds

    38,700                   38,700  

Participation Notes

    18,011       765             18,776  

Debenture Bond

                       

Affiliated Partnership

          45,100             45,100  

Cash Equivalent

    20,080                   20,080  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Investments in Securities

    $  1,588,835       $  47,736       $     –       $  1,636,571  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Financial
Instruments
      Level 1           Level 2           Level 3           Total    

Futures Contracts *

       

Unrealized Depreciation

    $ (98)       $       $       $ (98)  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Other Financial Instruments

    $ (98)       $       $       $ (98)  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

For the period ended December 31, 2018, 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, 2018, there were no transfers between Level 2 and Level 3 assets and liabilities.

For the period ended December 31, 2018, there were no transfers 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.

 

 

The following is a summary of the transactions with affiliates for the period ended December 31, 2018 ($ Thousands):

 

               
Security Description    Value 9/30/2018    Purchases at
Cost
   Proceeds
from Sales
   Realized Gain
(Loss)
   Change in Unrealized
Appreciation (Depreciation)
   Value
12/31/2018
   Income

SEI Liquidity Fund, L.P.

     $ 66,697        $ 42,464        $ (64,062)        $ —        $ 1        $ 45,100        $ 120  

SEI Daily Income Trust, Government Fund, Cl F

     12,932        90,981        (83,833)                      20,080        155  
  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Totals

         $ 79,629            $ 133,445            $ (147,895)        $ —        $ 1        $ 65,180              $ 275  
  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

 

 

8

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS — 91.8%

     

Argentina — 0.1%

     

Argentina POM Politica Monetaria

     

59.257%, VAR Argentina Central Bank 7 Day Repo Rate+0.000%, 06/21/2020

  ARS     3,576       $ 101  

Argentine Bonos del Tesoro

     

16.000%, 10/17/2023

      7,121       158  
     

 

 

 

        259  
     

 

 

 

Australia — 2.0%

     

Australia & New Zealand Banking Group MTN

     

5.000%, 08/16/2023

  AUD     750       579  

3.625%, 07/18/2022

  EUR     300       384  

Australia Government Bond

     

5.500%, 04/21/2023

  AUD     1,675       1,353  

4.750%, 04/21/2027

      820       685  

4.500%, 04/15/2020

      540       392  

4.500%, 04/21/2033

      195       171  

4.250%, 04/21/2026

      1,425       1,141  

3.750%, 04/21/2037

      393       321  

3.000%, 03/21/2047

      350       255  

2.750%, 04/21/2024

      1,230       897  

Australia Government Bond, Ser 122

     

5.250%, 03/15/2019

      193       137  

Australia Government Bond, Ser 124

     

5.750%, 05/15/2021

      2,583       1,981  

BHP Billiton Finance

     

4.750%, VAR EUR Swap Annual 5 Yr+4.363%, 04/22/2076

  EUR     101       123  

Commonwealth Bank of Australia MTN

     

3.000%, 05/03/2022

      330       413  

National Australia Bank

     

5.000%, 03/11/2024

  AUD     750       582  

Westpac Banking Corp MTN

     

1.500%, 03/24/2021

  EUR     220       260  
     

 

 

 

        9,674  
     

 

 

 

Austria — 1.2%

     

JAB Holdings BV

     

1.250%, 05/22/2024

      400       458  

Republic of Austria Government Bond

     

4.150%, 03/15/2037 (A)

      406       705  

3.650%, 04/20/2022 (A)

      290       376  

3.150%, 06/20/2044 (A)

      475       772  

2.100%, 09/20/2117 (A)

      75       99  

1.500%, 02/20/2047 (A)

      95       112  

0.750%, 10/20/2026 (A)

      1,912       2,260  

0.083%, 07/15/2023 (A)(B)

      360       415  

Republic of Austria Government Bond, Ser 97-6

     

6.250%, 07/15/2027

      288       492  
     

 

 

 

        5,689  
     

 

 

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

Belgium — 2.1%

     

Anheuser-Busch InBev MTN

     

2.250%, 05/24/2029

  GBP     205       $ 240  

1.500%, 03/17/2025

  EUR     415       483  

Kingdom of Belgium Government Bond

     

3.750%, 09/28/2020 (A)

      2,126       2,613  

3.750%, 06/22/2045

      512       842  

3.000%, 06/22/2034 (A)

      620       878  

1.900%, 06/22/2038 (A)

      200       244  

1.600%, 06/22/2047 (A)

      310       341  

1.000%, 06/22/2031 (A)

      1,149       1,302  

0.800%, 06/22/2025 (A)

      493       582  

0.800%, 06/22/2027 (A)

      785       909  

0.800%, 06/22/2028 (A)

      340       390  

Kingdom of Belgium Government Bond, Ser 44

     

5.000%, 03/28/2035 (A)

      64       113  

Kingdom of Belgium Government Bond, Ser 65

     

4.250%, 09/28/2022 (A)

      790       1,057  
     

 

 

 

        9,994  
     

 

 

 

Brazil — 0.3%

     

Brazil Notas do Tesouro Nacional, Serie B

     

6.000%, 08/15/2050

  BRL     1,081       1,020  

Brazil Notas do Tesouro Nacional, Serie F

     

10.000%, 01/01/2021

      3       1  

Minerva Luxembourg

     

6.500%, 09/20/2026 (A)

  $     290       270  

Odebrecht Finance

     

7.125%, 06/26/2042

      280       39  

4.375%, 04/25/2025

      200       26  
     

 

 

 

        1,356  
     

 

 

 

Canada — 7.8%

     

Bank of Montreal

     

0.750%, 09/21/2022

  EUR     235       275  

Bank of Montreal MTN

     

0.125%, 04/19/2021

      280       321  

Bank of Nova Scotia MTN

     

0.750%, 09/17/2021

      570       665  

Bell Canada MTN

     

4.700%, 09/11/2023

  CAD     80       62  

3.250%, 06/17/2020

      95       70  

Canada Housing Trust No. 1

     

3.800%, 06/15/2021 (A)

      4,830       3,683  

2.250%, 12/15/2025 (A)

      2,235       1,618  

1.750%, 06/15/2022 (A)

      2,465       1,780  

Canadian Government Bond

     

1.000%, 06/01/2027

      1,375       933  

Canadian Imperial Bank of Commerce

     

0.239%, 07/25/2022 (B)

  EUR     445       506  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

1


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

CDP Financial

     

4.400%, 11/25/2019 (A)

  $     850       $ 862  

Export Development Canada MTN

     

2.400%, 06/07/2021

  AUD     1,259       890  

Government of Canada

     

5.750%, 06/01/2033

  CAD     1,205       1,284  

2.750%, 12/01/2048

      400       329  

2.500%, 06/01/2024

      1,043       787  

1.750%, 09/01/2019

      6,755       4,945  

1.500%, 06/01/2026

      7,856       5,579  

1.000%, 09/01/2022

      1,455       1,032  

0.750%, 09/01/2021

      955       679  

National Bank of Canada

     

1.500%, 03/25/2021

  EUR     345       408  

Province of British Columbia Canada

     

3.250%, 12/18/2021

  CAD     1,150       867  

Province of Manitoba Canada

     

3.850%, 12/01/2021

      710       543  

Province of Ontario Canada

     

4.700%, 06/02/2037

      1,355       1,203  

4.650%, 06/02/2041

      540       486  

2.800%, 06/02/2048

      2,200       1,490  

2.600%, 06/02/2025

      1,614       1,179  

2.400%, 06/02/2026

      585       419  

Province of Ontario Canada MTN

     

1.650%, 06/08/2020

  JPY     100,000       933  

Province of Quebec Canada

     

6.250%, 06/01/2032

  CAD     720       716  

3.500%, 12/01/2048

      520       407  

Province of Quebec Canada MTN

     

3.700%, 05/20/2026

  AUD     540       398  

Rogers Communications

     

4.000%, 06/06/2022

  CAD     165       124  

Royal Bank of Canada

     

1.625%, 08/04/2020

  EUR     530       623  

0.125%, 03/11/2021

      560       643  

Toronto-Dominion Bank MTN

     

0.375%, 01/12/2021

      345       398  

Yamana Gold Inc

     

4.950%, 07/15/2024

  $     286       280  
     

 

 

 

        37,417  
     

 

 

 

Colombia — 0.4%

     

Colombian TES

     

10.000%, 07/24/2024

  COP     1,940,600       703  

7.750%, 09/18/2030

      2,160,100       706  

7.500%, 08/26/2026

      1,100,600       357  
     

 

 

 

        1,766  
     

 

 

 

Czech Republic — 0.1%

     

Czech Republic Government Bond

     

4.700%, 09/12/2022

  CZK     7,470       368  
       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

2.500%, 08/25/2028

  CZK     6,710       $ 313  
     

 

 

 

        681  
     

 

 

 

Denmark — 0.4%

     

Danske Bank

     

3.875%, 09/12/2023 (A)

  $     270       260  

Danske Bank MTN

     

5.875%, VAR EUR Swap Annual 7 Yr+5.471%, 10/29/2049

  EUR     344       394  

Kingdom of Denmark

     

4.500%, 11/15/2039

  DKK     2,040       543  

1.500%, 11/15/2023

      4,025       669  

Orsted

     

6.250%, VAR EUR Swap Annual 5 Yr+4.750%, 06/26/3013

  EUR     210       269  
     

 

 

 

        2,135  
     

 

 

 

Finland — 0.2%

     

Government of Finland

     

2.625%, 07/04/2042 (A)

      135       206  

1.500%, 04/15/2023 (A)

      235       289  

0.500%, 09/15/2027 (A)

      535       616  
     

 

 

 

        1,111  
     

 

 

 

France — 8.5%

     

BPCE

     

5.250%, 04/16/2029

  GBP     200       286  

0.550%, 07/10/2019

  JPY     200,000       1,828  

BPCE MTN

     

1.125%, 01/18/2023

  EUR     300       344  

BPCE SFH

     

1.750%, 11/29/2019

      600       698  

BPCE SFH MTN

     

3.750%, 09/13/2021

      200       252  

Bpifrance Financement

     

0.064%, 11/25/2022 (B)

      600       683  

Caisse Francaise de Financement Local MTN

     

3.000%, 10/02/2028

      100       137  

Caisse Nationale de Reassurance Mutuelle Agricole Groupama

     

6.000%, 01/23/2027

      400       507  

CNP Assurances

     

4.500%, VAR Euribor 3 Month+4.600%, 06/10/2047

      200       239  

1.875%, 10/20/2022

      200       232  

Credit Agricole Assurances

     

4.750%, VAR EUR Swap Annual 5 Yr+5.350%, 09/27/2048

      300       356  

Credit Agricole Home Loan SFH MTN

     

1.250%, 03/24/2031

      300       346  

0.375%, 10/21/2021

      240       278  

Danone MTN

     

2.250%, 11/15/2021

      100       121  
 

 

 

2

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

Dexia Credit Local MTN

     

2.000%, 01/22/2021

  EUR     200       $ 239  

0.625%, 01/21/2022

      1,550       1,805  

Electricite de France MTN

     

5.500%, 03/27/2037

  GBP     200       311  

5.375%, VAR EUR Swap Annual 12 Yr+3.794%, 12/12/2049

  EUR     200       233  

4.000%, 11/12/2025

      350       471  

2.250%, 04/27/2021

      100       120  

Engie MTN

     

0.875%, 03/27/2024

      300       346  

0.375%, 02/28/2023

      100       114  

French Republic Government Bond OAT

     

5.750%, 10/25/2032

      403       745  

4.000%, 10/25/2038

      345       583  

3.250%, 05/25/2045

      1,806       2,838  

1.750%, 05/25/2023

      2,690       3,333  

1.750%, 06/25/2039 (A)

      60       73  

1.750%, 05/25/2066 (A)

      165       182  

1.250%, 05/25/2036 (A)

      960       1,097  

0.750%, 05/25/2028

      5,720       6,598  

0.142%, 03/25/2024 (B)

      2,075       2,367  

0.050%, 03/25/2023 (B)

      485       558  

0.000%, 02/25/2020 (B)

      1,990       2,290  

0.000%, 02/25/2021 (B)

      2,055       2,373  

0.000%, 05/25/2021 (B)

      1,685       1,947  

0.000%, 05/25/2022 (B)

      868       1,003  

Loxam SAS

     

6.000%, 04/15/2025 (A)

      150       172  

Nexans SA

     

3.750%, 08/08/2023

      100       114  

Orange MTN

     

2.500%, 03/01/2023

      500       618  

RCI Banque MTN

     

0.375%, 07/10/2019

      450       515  

SNCF Reseau

     

1.125%, 05/25/2030

      200       229  

SNCF Reseau EPIC

     

5.500%, 12/01/2021

  GBP     205       292  

2.250%, 12/20/2047

  EUR     300       368  

1.125%, 05/19/2027

      300       352  

Societe Generale

     

0.552%, 06/13/2019

  JPY     100,000       913  

Suez

     

3.000%, VAR EUR Swap Annual 5 Yr+2.253%, 06/23/2167

  EUR     200       232  

TOTAL MTN

     

3.875%, VAR EUR Swap Annual 5 Yr+3.783%, 05/18/2167

      100       121  

Total Capital International MTN

     

4.250%, 11/26/2021

  AUD     640       470  
       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

UNEDIC ASSEO MTN

     

0.300%, 11/04/2021

  EUR     600       $ 695  
     

 

 

 

        41,024  
     

 

 

 

Germany — 5.1%

     

Allianz

     

2.241%, VAR Euribor 3 Month+2.650%, 07/07/2045

      200       225  

Bayer Capital BV

     

1.500%, 06/26/2026

      100       111  

BMW Finance MTN

     

0.875%, 11/17/2020

      585       678  

0.454%, 01/29/2021

  JPY     200,000       1,833  

0.125%, 07/03/2020

  EUR     120       137  

Bundesrepublik Deutschland

     

4.000%, 01/04/2037

      815       1,469  

3.250%, 07/04/2042

      2,025       3,561  

2.500%, 07/04/2044

      552       876  

2.500%, 08/15/2046

      130       209  

0.281%, 08/15/2026 (B)

      1,882       2,151  

0.250%, 02/15/2027

      2,160       2,507  

Bundesrepublik Deutschland, Ser 00

     

5.500%, 01/04/2031

      120       220  

Bundesrepublik Deutschland, Ser 03

     

4.750%, 07/04/2034

      95       177  

Bundesrepublik Deutschland Bundesanleihe

     

0.500%, 02/15/2026

      977       1,161  

0.500%, 02/15/2028

      345       406  

Deutsche Telekom International Finance BV MTN

     

0.625%, 04/03/2023

      330       377  

E.ON International Finance MTN

     

6.000%, 10/30/2019

  GBP     300       396  

innogy Finance BV MTN

     

4.750%, 01/31/2034

      100       146  

1.000%, 04/13/2025

  EUR     170       192  

Kreditanstalt fuer Wiederaufbau

     

2.600%, 06/20/2037

  JPY     65,000       832  

0.500%, 09/15/2027

  EUR     510       582  

0.125%, 06/07/2023

      1,695       1,955  

Kreditanstalt fuer Wiederaufbau MTN

     

3.750%, 05/29/2020

  NZD     1,110       760  

2.800%, 02/17/2021

  AUD     1,230       875  

1.125%, 09/15/2032

  EUR     500       583  

ProGroup

     

3.000%, 03/31/2026

      125       137  

Volkswagen Bank GmbH MTN

     

0.625%, 09/08/2021

      200       227  

Volkswagen International Finance

     

5.125%, VAR EUR Swap Annual 10 Yr+3.350%, 09/04/2166

      265       313  

1.875%, 03/30/2027

      500       541  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

3


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

1.125%, 10/02/2023

  EUR     600       $ 671  
     

 

 

 

        24,308  
     

 

 

 

Guernsey — 0.1%

     

Credit Suisse Group Funding Guernsey MTN

     

1.250%, 04/14/2022

      570       656  
     

 

 

 

Hungary — 0.1%

     

Republic of Hungary

     

3.000%, 06/26/2024

  HUF     75,010       278  
     

 

 

 

Indonesia — 0.0%

     

Republic of Indonesia MTN

     

2.150%, 07/18/2024 (A)

  EUR     200       231  
     

 

 

 

Ireland — 1.3%

     

Allied Irish Banks MTN

     

4.125%, VAR EUR Swap Annual 5 Yr+3.950%, 11/26/2025

      177       206  

Bank of Ireland

     

1.750%, 03/19/2019

      450       517  

Bank of Ireland MTN

     

0.375%, 05/07/2022

      555       641  

CRH Finance DAC MTN

     

1.375%, 10/18/2028

      170       184  

CRH Funding MTN

     

1.875%, 01/09/2024

      310       369  

Europcar Mobility Group

     

4.125%, 11/15/2024 (A)

      100       108  

Ireland Government Bond

     

4.500%, 04/18/2020

      205       249  

4.400%, 06/18/2019

      600       701  

3.400%, 03/18/2024

      125       167  

2.400%, 05/15/2030

      92       119  

2.000%, 02/18/2045

      265       320  

1.000%, 05/15/2026

      1,579       1,858  

0.900%, 05/15/2028

      465       532  

0.800%, 03/15/2022

      205       242  
     

 

 

 

        6,213  
     

 

 

 

Israel — 0.3%

     

Israel Electric MTN

     

4.250%, 08/14/2028

  $     265       252  

Israel Government Bond - Fixed

     

4.250%, 03/31/2023

  ILS     2,521       776  

2.000%, 03/31/2027

      925       246  

Teva Pharmaceutical Finance Netherlands II

     

1.125%, 10/15/2024

  EUR     220       211  

Teva Pharmaceutical Finance Netherlands III BV

     

6.000%, 04/15/2024

  $     200       193  
     

 

 

 

        1,678  
     

 

 

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

Italy — 3.6%

     

Assicurazioni Generali MTN

     

5.500%, VAR Euribor 3 Month+5.350%, 10/27/2047

  EUR     330       $ 392  

Buoni Poliennali Del Tesoro

     

4.000%, 02/01/2037 (A)

      130       165  

Enel

     

5.000%, VAR EUR Swap Annual 5 Yr+3.648%, 01/15/2075

      105       124  

Enel Finance International MTN

     

5.625%, 08/14/2024

  GBP     160       231  

FCA Bank MTN

     

2.625%, 04/17/2019

  EUR     350       403  

Italy Buoni Poliennali Del Tesoro

     

5.000%, 08/01/2034 (A)

      230       322  

5.000%, 08/01/2039 (A)

      430       604  

5.000%, 09/01/2040 (A)

      1,239       1,737  

4.750%, 09/01/2044 (A)

      140       193  

3.750%, 05/01/2021 (A)

      386       471  

3.500%, 03/01/2030 (A)

      2,750       3,335  

3.450%, 03/01/2048 (A)

      750       849  

2.950%, 09/01/2038 (A)

      365       397  

2.800%, 03/01/2067 (A)

      90       88  

2.500%, 11/15/2025

      2,255       2,609  

2.450%, 09/01/2033 (A)

      1,017       1,085  

2.050%, 08/01/2027

      660       726  

2.000%, 02/01/2028

      1,095       1,197  

1.850%, 05/15/2024

      470       535  

0.950%, 03/01/2023

      1,530       1,704  

Unione di Banche Italiane

     

1.000%, 01/27/2023

      185       213  
     

 

 

 

        17,380  
     

 

 

 

Japan — 19.7%

     

Development Bank of Japan

     

2.300%, 03/19/2026

  JPY     220,000       2,327  

1.050%, 06/20/2023

      90,000       858  

Government of Japan 5 Year Bond

     

0.100%, 12/20/2019

      345,950       3,161  

0.100%, 03/20/2020

      410,800       3,755  

Government of Japan 10 Year Bond

     

0.900%, 06/20/2022

      859,850       8,119  

0.100%, 06/20/2026

      457,750       4,244  

0.100%, 03/20/2027

      168,150       1,557  

0.100%, 06/20/2027

      153,700       1,423  

Government of Japan 20 Year Bond

     

1.900%, 09/20/2022

      583,400       5,720  

1.700%, 06/20/2033

      1,220,450       13,402  

1.400%, 09/20/2034

      444,650       4,723  

1.000%, 12/20/2035

      50,000       501  

0.700%, 03/20/2037

      52,300       498  

0.500%, 09/20/2036

      459,900       4,244  
 

 

 

4

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

0.200%, 06/20/2036

  JPY     169,400       $ 1,489  

Government of Japan 20 Year Bond, Ser 106

     

2.200%, 09/20/2028

      46,600       515  

Government of Japan 20 Year Bond, Ser 128

     

1.900%, 06/20/2031

      55,000       609  

Government of Japan 20 Year Bond, Ser 140

     

1.700%, 09/20/2032

      729,400       7,983  

Government of Japan 20 Year Bond, Ser 143

     

1.600%, 03/20/2033

      58,550       635  

Government of Japan 20 Year Bond, Ser 144

     

1.500%, 03/20/2033

      149,750       1,604  

Government of Japan 30 Year Bond

     

0.800%, 09/20/2047

      397,850       3,710  

0.300%, 06/20/2046

      134,250       1,105  

Government of Japan 30 Year Bond, Ser 29

     

2.400%, 09/20/2038

      119,300       1,472  

Government of Japan 30 Year Bond, Ser 30

     

2.300%, 03/20/2039

      332,900       4,067  

Government of Japan 30 Year Bond, Ser 33

     

2.000%, 09/20/2040

      175,600       2,068  

Government of Japan 30 Year Bond, Ser 37

     

1.900%, 09/20/2042

      62,100       727  

Government of Japan 30 Year Bond, Ser 38

     

1.800%, 03/20/2043

      259,650       2,995  

Government of Japan 40 Year Bond

     

0.400%, 03/20/2056

      304,100       2,396  

Government of Japan 40 Year Bond, Ser 6

     

1.900%, 03/20/2053

      15,400       187  

Government of Japan CPI Linked Bond

     

0.100%, 03/10/2026

      346,556       3,261  

Japan Treasury Discount Bill

     

0.000%, 01/15/2019 (B)

      470,500       4,289  

Mizuho Financial Group MTN

     

0.956%, 10/16/2024

  EUR     385       438  

Takeda Pharmaceutical

     

1.125%, 11/21/2022 (A)

      430       495  
     

 

 

 

        94,577  
     

 

 

 

Kazakhstan — 0.1%

     

Tengizchevroil Finance International

     

4.000%, 08/15/2026 (A)

  $     385       355  
     

 

 

 

Luxembourg — 0.1%

     

Arena Luxembourg Finance Sarl

     

2.875%, 11/01/2024

  EUR     165       187  

Enel Finance International MTN

     

5.750%, 09/14/2040

  GBP     145       217  

INEOS Finance

     

2.125%, 11/15/2025 (A)

  EUR     100       105  

Samsonite Finco SARL

     

3.500%, 05/15/2026

      100       103  
     

 

 

 

        612  
     

 

 

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

Malaysia — 1.0%

     

Malaysia Government Bond

     

5.734%, 07/30/2019

  MYR     2,233       $ 547  

4.181%, 07/15/2024

      3,360       823  

4.048%, 09/30/2021

      3,380       826  

3.955%, 09/15/2025

      3,440       828  

3.882%, 03/10/2022

      780       190  

3.795%, 09/30/2022

      3,430       831  

3.654%, 10/31/2019

      1,771       429  

3.480%, 03/15/2023

      1,135       271  

3.441%, 02/15/2021

      787       190  
     

 

 

 

        4,935  
     

 

 

 

Mexico — 1.5%

     

Mexican Bonos

     

8.000%, 06/11/2020

  MXN     11,090       559  

7.750%, 11/13/2042

      2,983       134  

7.500%, 06/03/2027

      2,435       115  

6.500%, 06/09/2022

      22,900       1,091  

5.750%, 03/05/2026

      11,907       511  

Mexican Bonos, Ser M

     

6.500%, 06/10/2021

      6,746       327  

Mexican Bonos, Ser M20

     

10.000%, 12/05/2024

      48,700       2,626  

7.750%, 05/29/2031

      28,570       1,339  

Mexican Bonos, Ser M30

     

10.000%, 11/20/2036

      11,460       640  
     

 

 

 

        7,342  
     

 

 

 

Netherlands — 2.8%

     

ABN AMRO Bank

     

5.750%, VAR EUR Swap Annual 5 Yr+5.452%, 12/31/2049

  EUR     400       466  

ABN AMRO Bank MTN

     

1.250%, 01/10/2033

      300       341  

Aegon MTN

     

6.625%, 12/16/2039

  GBP     165       313  

Akzo Nobel Sweden Finance MTN

     

2.625%, 07/27/2022

  EUR     340       417  

Constellium

     

4.250%, 02/15/2026 (A)

      100       103  

Cooperatieve Rabobank UA

     

6.625%, VAR EUR Swap Annual 5 Yr+6.697%, 12/29/2049

      200       248  

2.500%, VAR EUR Swap Annual 5 Yr+1.400%, 05/26/2026

      260       308  

Cooperatieve Rabobank UA MTN

     

5.250%, 09/14/2027

  GBP     195       278  

4.625%, 05/23/2029

      130       178  

1.250%, 05/31/2032

  EUR     300       343  

ING Bank

     

5.800%, 09/25/2023 (A)

  $     315       329  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

5


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

($ Thousands)

GLOBAL BONDS (continued)

     

Intertrust Group BV

     

3.375%, 11/15/2025 (A)

  EUR     180       $ 202  

Kingdom of Netherlands

     

4.000%, 01/15/2037 (A)

      855       1,515  

3.750%, 01/15/2042 (A)

      40       74  

2.750%, 01/15/2047 (A)

      190       316  

2.500%, 01/15/2033 (A)

      550       786  

2.000%, 07/15/2024 (A)

      345       441  

0.500%, 07/15/2026 (A)

      570       669  

0.250%, 01/15/2020 (A)

      3,195       3,689  

0.250%, 07/15/2025 (A)

      922       1,070  

MARB BondCo PLC

     

7.000%, 03/15/2024 (A)

  $     282       267  

Minejesa Capital BV

     

4.625%, 08/10/2030

      300       267  

Netherlands Government Bond

     

0.750%, 07/15/2028 (A)

  EUR     230       272  

0.080%, 01/15/2024 (A)(B)

      500       576  
     

 

 

 

        13,468  
     

 

 

 

New Zealand — 1.5%

     

New Zealand Government Bond

     

5.500%, 04/15/2023

  NZD     4,243       3,268  

3.000%, 04/15/2020

      2,863       1,951  

3.000%, 04/20/2029

      380       269  

2.750%, 04/15/2025

      461       322  

New Zealand Government Inflation Linked Bond

     

2.000%, 09/20/2025

      610       464  

New Zealand Local Government Funding Agency Bond

     

4.500%, 04/15/2027

      1,100       810  
     

 

 

 

        7,084  
     

 

 

 

Norway — 0.4%

     

DNB Bank

     

6.500%, VAR USD Swap Semi 30/360 5 Year Curr+5.080%, 12/29/2049

  $     355       349  

DNB Boligkreditt MTN

     

3.875%, 06/16/2021

  EUR     390       489  

Equinor MTN

     

5.625%, 03/11/2021

      216       277  

2.000%, 09/10/2020

      285       337  

Norway Government Bond

     

2.000%, 05/24/2023

  NOK     2,680       317  

1.750%, 02/17/2027 (A)

      2,085       242  
     

 

 

 

        2,011  
     

 

 

 

Poland — 1.2%

     

Republic of Poland Government Bond

     

4.000%, 10/25/2023

  PLN     2,498       721  

3.250%, 07/25/2025

      1,890       526  

2.750%, 04/25/2028

      2,820       746  

2.500%, 01/25/2023

      2,706       733  
       
Description         Face Amount
(Thousands)
   

Market Value

($ Thousands)

GLOBAL BONDS (continued)

   

2.500%, 07/25/2026

  PLN     2,560       $ 674  

2.000%, 04/25/2021

      5,958       1,601  

1.500%, 04/25/2020

      1,100       294  

Republic of Poland Government Bond, Ser 1019

     

5.500%, 10/25/2019

      1,045       288  
     

 

 

 

        5,583  
     

 

 

 

Portugal — 0.6%

     

EDP - Energias de Portugal

     

5.375%, VAR EUR Swap Annual 5 Yr+5.043%, 09/16/2075

  EUR     200       240  

EDP Finance MTN

     

2.000%, 04/22/2025

      370       429  

Portugal Obrigacoes do Tesouro OT

     

4.125%, 04/14/2027 (A)

    640       878  

4.100%, 04/15/2037 (A)

    145       201  

2.200%, 10/17/2022 (A)

    775       955  
     

 

 

 

        2,703  
     

 

 

 

Saudi Arabia — 0.1%

     

SABIC Capital II BV

     

4.000%, 10/10/2023 (A)

 

$

    345       343  

Saudi Government International Bond MTN

     

2.375%, 10/26/2021 (A)

    275       265  
     

 

 

 

        608  
     

 

 

 

Singapore — 1.7%

     

Medco Platinum Road Pte

     

6.750%, 01/30/2025

      310       265  

Singapore Government Bond

     

3.500%, 03/01/2027

 

SGD

    1,040       852  

3.125%, 09/01/2022

      2,255       1,729  

3.000%, 09/01/2024

      2,649       2,057  

2.750%, 03/01/2046

      200       155  

2.250%, 08/01/2036

      250       182  

2.000%, 07/01/2020

      3,260       2,397  

Temasek Financial I MTN

     

2.375%, 01/23/2023 (A)

 

$

    495       479  
     

 

 

 

        8,116  
     

 

 

 

Slovak Republic — 0.0%

     

Slovakia Government Bond

     

3.375%, 11/15/2024

 

EYR

    75       101  
     

 

 

 

Slovenia — 0.1%

     

Slovenia Government Bond

     

1.250%, 03/22/2027

      305       358  
     

 

 

 

South Korea — 0.5%

     

Hyundai Capital Services MTN

     

3.500%, 03/30/2022

 

AUD

    680       482  

Korea Treasury Bond

     

3.000%, 09/10/2024

 

KRW

    884,000       836  
 

 

 

6

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

1.500%, 12/10/2026

  KRW     994,000       $ 858  
     

 

 

 

        2,176  
     

 

 

 

Spain — 3.6%

     

Ayt Cedulas Cajas Global

     

3.750%, 12/14/2022

  EUR     600       778  

Banco Bilbao Vizcaya Argentaria

     

5.875%, VAR EUR Swap Annual 5 Yr+5.779%, 08/24/2166

      200       217  

Banco de Sabadell

     

0.875%, 11/12/2021

      400       467  

Bankia

     

0.875%, 01/21/2021

      300       349  

CaixaBank

     

6.750%, VAR EUR Swap Annual 5 Yr+6.498%, 12/31/2049

      200       231  

1.250%, 01/11/2027

      500       583  

Gas Natural Fenosa Finance BV

     

3.375%, VAR EUR Swap Annual 9 Yr+3.079%, 12/29/2049

      100       110  

Gas Natural Fenosa Finance BV MTN

     

1.250%, 04/19/2026

      300       337  

Government of Spain

     

4.900%, 07/30/2040 (A)

      705       1,162  

4.700%, 07/30/2041 (A)

      319       515  

3.450%, 07/30/2066 (A)

      264       344  

2.900%, 10/31/2046 (A)

      365       446  

2.750%, 10/31/2024 (A)

      406       520  

1.950%, 04/30/2026 (A)

      3,850       4,695  

1.950%, 07/30/2030 (A)

      85       100  

1.600%, 04/30/2025 (A)

      168       202  

1.500%, 04/30/2027 (A)

      1,600       1,870  

1.400%, 04/30/2028 (A)

      357       410  

0.450%, 10/31/2022

      175       203  

0.050%, 01/31/2021

      229       263  

Iberdrola Finanzas MTN

     

1.000%, 03/07/2025

      500       570  

Instituto de Credito Oficial MTN

     

6.000%, 03/08/2021

      180       233  

Kutxabank

     

1.250%, 09/22/2025

      300       356  

Santander Consumer Finance MTN

     

0.900%, 02/18/2020

      300       346  

Spain Government Bond

     

2.350%, 07/30/2033 (A)

      362       434  

0.050%, 10/31/2021

      820       940  

Telefonica Emisiones SAU MTN

     

1.528%, 01/17/2025

      500       579  
     

 

 

 

        17,260  
     

 

 

 

Supra-National — 4.2%

     

Asian Development Bank MTN

     

2.350%, 06/21/2027

  JPY     140,000       1,536  
       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

European Financial Stability Facility MTN

     

1.800%, 07/10/2048

  EUR     540       $ 645  

1.700%, 02/13/2043

      340       405  

0.500%, 07/11/2025

      695       802  

0.200%, 04/28/2025

      600       681  

0.125%, 10/17/2023

      2,200       2,521  

European Investment Bank

     

1.900%, 01/26/2026

  JPY     318,500       3,316  

European Investment Bank MTN

     

6.000%, 08/06/2020

  AUD     2,737       2,040  

1.250%, 05/12/2025

  SEK     7,500       870  

1.000%, 03/14/2031

  EUR     405       466  

0.250%, 10/14/2024

      1,725       1,984  

0.250%, 09/14/2029

      745       804  

European Stability Mechanism MTN

     

1.000%, 09/23/2025

      570       680  

European Union MTN

     

2.875%, 04/04/2028

      575       791  

International Bank for Reconstruction & Development MTN

     

3.500%, 01/22/2021

  NZD     1,120       770  

2.800%, 01/13/2021

  AUD     1,230       875  

International Finance MTN

     

2.375%, 07/19/2023

  CAD     1,000       736  
     

 

 

 

        19,922  
     

 

 

 

Sweden — 1.2%

     

Dometic Group AB

     

3.000%, 09/13/2023

  EUR     130       140  

Intrum Justitia

     

2.750%, 07/15/2022 (A)

      330       347  

Nordea Bank Abp

     

0.425%, 05/28/2019

  JPY     100,000       913  

Skandinaviska Enskilda Banken

     

3.349%, VAR ICE LIBOR USD 3 Month+0.570%, 09/13/2019 (A)

  $     200       200  

Skandinaviska Enskilda Banken MTN

     

5.750%, VAR USD Swap Semi 30/360 5 Year Curr+3.850%, 11/29/2049

      465       453  

Stadshypotek MTN

     

0.625%, 11/10/2021

  EUR     530       617  

Svenska Handelsbanken

     

5.250%, VAR USD Swap Semi 30/360 5 Year Curr+3.335%, 12/29/2049

  $     325       313  

Swedbank

     

6.000%, VAR USD Swap Semi 30/360 5 Year Curr+4.106%, 03/17/2166

      200       190  

Swedbank Hypotek

     

0.375%, 03/11/2022

  EUR     360       416  

Sweden Government Bond

     

3.500%, 06/01/2022

  SEK     3,040       386  

3.500%, 03/30/2039

      1,205       193  

1.000%, 11/12/2026

      1,725       205  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

7


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

Sweden Government Bond, Ser 1047

     

5.000%, 12/01/2020

  SEK     3,370       $ 420  

Sweden Government Bond, Ser 1052

     

4.250%, 03/12/2019

      3,630       413  

Vattenfall

     

3.000%, VAR EUR Swap Annual 5 Yr+2.511%, 03/19/2077

  EUR     175       189  

Vattenfall MTN

     

6.250%, 03/17/2021

      213       276  
     

 

 

 

        5,671  
     

 

 

 

Switzerland — 0.9%

     

Aquarius & Investments for Swiss Reinsurance

     

6.375%, VAR USD Swap Semi 30/360 5 Year Curr+5.210%, 09/01/2024

  $     340       342  

Cloverie for Zurich Insurance MTN

     

5.625%, VAR ICE LIBOR USD 3 Month+4.918%, 06/24/2046

      200       199  

Credit Suisse MTN

     

0.750%, 09/17/2021

  EUR     220       257  

Credit Suisse Group

     

7.500%, VAR USD Swap Semi 30/360 5 Year Curr+4.598%, 12/31/2049 (A)

  $     270       274  

7.500%, VAR USD Swap Semi 30/360 5 Year Curr+4.600%, 01/17/2167 (A)

      200       195  

Dufry One

     

2.500%, 10/15/2024

  EUR     125       136  

Government of Switzerland

     

3.000%, 05/12/2019

  CHF     110       113  

2.000%, 04/28/2021

      735       794  

2.000%, 05/25/2022

      75       83  

1.500%, 04/30/2042

      305       392  

1.250%, 06/11/2024

      405       451  

Swiss Reinsurance via ELM

     

2.600%, VAR Euribor 6 Month+3.050%, 09/01/2166

  EUR     220       250  

UBS MTN

     

4.750%, VAR EUR Swap Annual 5 Yr+3.400%, 02/12/2026

      200       242  

UBS Group Funding Switzerland

     

1.750%, 11/16/2022

      427       504  
     

 

 

 

        4,232  
     

 

 

 

Thailand — 0.4%

     

Thailand Government Bond

     

4.875%, 06/22/2029

  THB     11,215       414  

4.675%, 06/29/2044

      20,805       792  

3.650%, 12/17/2021

      11,020       355  

3.625%, 06/16/2023

      5,375       175  
     

 

 

 

        1,736  
     

 

 

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

Turkey — 0.1%

     

Turkiye Vakiflar Bankasi TAO

     

2.375%, 05/04/2021

  EUR     265       $ 289  
     

 

 

 

United Arab Emirates — 0.1%

     

DP World

     

2.375%, 09/25/2026 (A)

      295       332  
     

 

 

 

United Kingdom — 10.1%

     

Anglian Water Services Financing

     

6.875%, 08/21/2023

  GBP     230       358  

Anglo American Capital MTN

     

1.625%, 09/18/2025

  EUR     220       238  

Arqiva Financing MTN

     

4.040%, 06/30/2020

  GBP     220       287  

Aviva MTN

     

3.875%, VAR EUR Swap Annual 5 Yr+3.480%, 07/03/2044

  EUR     121       139  

3.375%, VAR Euribor 3 Month+3.550%, 12/04/2045

      515       569  

Barclays MTN

     

2.000%, VAR EUR Swap Annual 5 Yr+1.900%, 02/07/2028

      500       528  

1.500%, 04/01/2022

      590       672  

Barclays Bank MTN

     

10.000%, 05/21/2021

  GBP     180       264  

BAT International Finance MTN

     

1.250%, 03/13/2027

  EUR     333       346  

BP Capital Markets MTN

     

1.526%, 09/26/2022

      350       415  

1.117%, 01/25/2024

      165       191  

Centrica MTN

     

4.375%, 03/13/2029

  GBP     164       231  

4.250%, 09/12/2044

      100       135  

CK Hutchison Finance 16 II

     

0.875%, 10/03/2024

  EUR     212       236  

CNH Industrial Finance Europe MTN

     

2.875%, 05/17/2023

      220       265  

Coca-Cola European Partners

     

2.375%, 05/07/2025

      400       489  

Delphi Automotive

     

1.500%, 03/10/2025

      420       463  

Diageo Finance MTN

     

0.250%, 10/22/2021

      240       275  

DS Smith MTN

     

1.375%, 07/26/2024

      430       474  

EC Finance

     

2.375%, 11/15/2022 (A)

      100       111  

FCE Bank MTN

     

1.615%, 05/11/2023

      165       180  

Gatwick Funding MTN

     

5.250%, 01/23/2024

  GBP     250       361  
 

 

 

8

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

GlaxoSmithKline Capital

     

0.000%, 09/12/2020 (B)

  EUR     595       $ 679  

Heathrow Funding MTN

     

2.750%, 08/09/2049

  GBP     160       174  

HSBC Holdings

     

6.750%, 09/11/2028

      350       552  

6.000%, VAR EUR Swap Annual 5 Yr+5.338%, 12/29/2049

  EUR     345       417  

Imperial Brands Finance

     

0.500%, 07/27/2021

      150       170  

InterContinental Hotels Group MTN

     

3.750%, 08/14/2025

  GBP     174       230  

International Game Technology

     

4.750%, 02/15/2023

  EUR     160       194  

Lecta

     

6.500%, 08/01/2023 (A)

      113       119  

Legal & General Group MTN

     

5.375%, VAR UK Govt Bonds 5 Year Note Generic Bid Yield+4.580%, 10/27/2045

  GBP     135       177  

Lloyds Banking Group MTN

     

1.750%, VAR EUR Swap Annual 5 Yr+1.300%, 09/07/2028

  EUR     605       642  

1.000%, 11/09/2023

      280       307  

National Westminster Bank MTN

     

3.875%, 10/19/2020

      123       150  

Nationwide Building Society MTN

     

4.625%, 02/08/2021

      550       690  

2.000%, VAR EUR Swap Annual 5 Yr+1.500%, 07/25/2029

      605       640  

Next

     

3.625%, 05/18/2028

      190       237  

Northumbrian Water Finance

     

6.875%, 02/06/2023

  GBP     190       288  

5.625%, 04/29/2033

      70       114  

Rio Tinto Finance MTN

     

2.875%, 12/11/2024

  EUR     290       371  

Royal Bank of Scotland Group

     

5.123%, VAR ICE LIBOR USD 3 Month+2.320%, 09/29/2017

  $     200       180  

Royal Bank of Scotland Group MTN

     

2.500%, 03/22/2023

  EUR     465       542  

Santander UK Group Holdings PLC MTN

     

3.625%, 01/14/2026

  GBP     100       129  

Santander UK PLC

     

6.222%, VAR ICE LIBOR GBP 3 Month+1.130%, 05/24/2167

      170       212  

Santander UK PLC MTN

     

4.250%, 04/12/2021

  EUR     350       438  

1.125%, 01/14/2022

      330       381  

Severn Trent Utilities Finance MTN

     

3.625%, 01/16/2026

  GBP     175       237  
       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

Sky PLC MTN

     

6.000%, 05/21/2027

  GBP     50       $ 79  

2.250%, 11/17/2025

  EUR     275       331  

SSE PLC MTN

     

0.875%, 09/06/2025

      395       429  

Standard Chartered

     

4.030%, VAR ICE LIBOR USD 3 Month+1.510%, 01/29/2049 (A)

  $     500       390  

Standard Chartered MTN

     

3.625%, 11/23/2022

  EUR     160       195  

Thames Water Utilities Finance MTN

     

4.625%, 06/04/2046

  GBP     155       231  

Unilever NV

     

0.375%, 02/14/2023

  EUR     220       251  

United Kingdom Gilt

     

4.750%, 12/07/2030

  GBP     115       200  

4.500%, 12/07/2042

      230       445  

4.250%, 12/07/2027

      95       153  

4.250%, 06/07/2032

      1,720       2,915  

4.250%, 03/07/2036

      435       765  

4.250%, 12/07/2040

      470       864  

4.250%, 12/07/2046

      1,185       2,299  

3.750%, 09/07/2020

      631       843  

3.750%, 09/07/2021

      945       1,299  

3.750%, 07/22/2052

      80       153  

3.500%, 01/22/2045

      1,445       2,463  

3.250%, 01/22/2044

      400       651  

2.750%, 09/07/2024

      200       280  

2.500%, 07/22/2065

      1,450       2,303  

1.750%, 07/22/2019

      1,860       2,382  

1.625%, 10/22/2028

      229       301  

1.500%, 01/22/2021

      1,450       1,874  

1.500%, 07/22/2047

      130       153  

1.250%, 07/22/2027

      1,015       1,299  

1.000%, 04/22/2024

      3,947       5,032  

0.750%, 07/22/2023

      2,170       2,743  

Virgin Media Finance MTN

     

4.500%, 01/15/2025

  EUR     121       136  

Wales & West Utilities Finance PLC

     

6.250%, 11/30/2021

  GBP     240       345  

Western Power Distribution West Midlands PLC

     

5.750%, 04/16/2032

      100       162  

3.875%, 10/17/2024

      230       315  

Wm Morrison Supermarkets MTN

     

3.500%, 07/27/2026

      225       297  

Zurich Finance PLC MTN

     

6.625%, 10/30/2049(C)

      235       326  
     

 

 

 

        48,401  
     

 

 

 

 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

9


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

United States — 6.3%

 

AbbVie

     

1.375%, 05/17/2024

  EUR     220       $ 254  

American International Group

     

2.611%, VAR ICE LIBOR GBP 3 Month+1.705%, 03/15/2067

  GBP     100       114  

Antero Resources

     

5.125%, 12/01/2022

  $     260       244  

AT&T

     

5.000%, 03/01/2021

      550       569  

1.800%, 09/05/2026

  EUR     720       816  

Bank of America MTN

     

2.375%, 06/19/2024

      835       1,015  

1.625%, 09/14/2022

      261       308  

1.379%, VAR Euribor 3 Month+1.030%, 02/07/2025

      165       190  

Belden

     

3.375%, 07/15/2027

      127       132  

3.375%, 07/15/2027

      100       104  

Berkshire Hathaway

     

0.625%, 01/17/2023

      265       305  

0.500%, 03/13/2020

      225       258  

BWAY Holding Co

     

4.750%, 04/15/2024 (A)

      175       196  

Carnival

     

1.625%, 02/22/2021

      180       211  

Chubb INA Holdings

     

1.550%, 03/15/2028

      325       369  

Citigroup

     

2.040%, 09/16/2020

  JPY     200,000       1,879  

Citigroup MTN

     

0.750%, 10/26/2023

  EUR     735       825  

Comcast

     

4.150%, 10/15/2028

  $     275       279  

3.450%, 10/01/2021

      965       975  

CVS Health Corp

     

4.300%, 03/25/2028

      265       259  

3.125%, 03/09/2020

      835       833  

Dell International

     

6.020%, 06/15/2026 (A)

      77       77  

5.450%, 06/15/2023 (A)

      80       82  

DH Europe Finance

     

1.700%, 01/04/2022

  EUR     350       416  

Digital Euro Finco

     

2.625%, 04/15/2024

      175       206  

Dover MTN

     

2.125%, 12/01/2020

      267       316  

Fidelity National Information Services

     

0.400%, 01/15/2021

      284       325  

Ford Credit Canada MTN

     

2.939%, 02/19/2019

  CAD     1,200       879  
       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

Ford Motor Credit MTN

     

0.114%, VAR Euribor 3 Month+0.430%, 05/14/2021

  EUR     750       $ 819  

GE Capital UK Funding Unlimited MTN

     

6.250%, 05/05/2038

  GBP     165       242  

General Electric

     

1.500%, 05/17/2029

  EUR     170       168  

General Motors Financial MTN

     

0.955%, 09/07/2023

      540       591  

Goldman Sachs Group

     

2.625%, 04/25/2021

  $     425       414  

Goldman Sachs Group MTN

     

2.000%, 07/27/2023

  EUR     900       1,059  

1.625%, 07/27/2026

      170       188  

Halfmoon Parent

     

4.125%, 11/15/2025 (A)

  $     136       136  

3.750%, 07/15/2023 (A)

      105       104  

Hess

     

4.300%, 04/01/2027

      333       305  

IHS Markit

     

4.750%, 08/01/2028

      102       100  

4.125%, 08/01/2023

      326       323  

4.000%, 03/01/2026 (A)

      85       79  

Iron Mountain

     

3.000%, 01/15/2025

  EUR     130       138  

Kinder Morgan Energy Partners

     

4.300%, 05/01/2024

  $     330       330  

Mastercard

     

1.100%, 12/01/2022

  EUR     445       523  

McKesson

     

3.125%, 02/17/2029

  GBP     135       168  

0.625%, 08/17/2021

  EUR     355       408  

Merck

     

1.125%, 10/15/2021

      114       134  

Moody’s

     

1.750%, 03/09/2027

      265       311  

Morgan Stanley

     

1.875%, 03/30/2023

      490       581  

Morgan Stanley MTN

     

1.375%, 10/27/2026

      360       399  

0.084%, VAR Euribor 3 Month+0.400%, 05/21/2021

      850       965  

National Grid North America MTN

     

1.000%, 07/12/2024

      300       340  

Philip Morris International

     

0.625%, 11/08/2024

      285       314  

Philip Morris International MTN

     

1.875%, 03/03/2021

      300       353  

PNC Funding

     

3.300%, 03/08/2022

  $     150       150  

Priceline Group

     

2.375%, 09/23/2024

      355       430  
 

 

 

10

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

Procter & Gamble

     

2.000%, 11/05/2021

  EUR     345       $ 416  

Prologis MTN

     

3.000%, 01/18/2022

      115       140  

QEP Resources

     

5.250%, 05/01/2023

  $     108       96  

Quintiles IMS

     

2.875%, 09/15/2025

  EUR     220       238  

Santander Holdings USA

     

3.700%, 03/28/2022

  $     460       452  

Seagate HDD Cayman

     

4.875%, 03/01/2024

      85       77  

4.750%, 06/01/2023

      17       16  

4.750%, 01/01/2025

      123       109  

Sigma Finance Netherlands BV

     

4.875%, 03/27/2028 (A)

      200       190  

SM Energy

     

6.625%, 01/15/2027

      125       111  

Southern Co/The

     

2.750%, 06/15/2020

      700       692  

Sprint Spectrum

     

4.738%, 03/20/2025 (A)

      265       260  

Tenet Healthcare

     

4.375%, 10/01/2021

      110       106  

Terraform Global Operating

     

6.125%, 03/01/2026 (A)

      55       51  

Toyota Motor Credit MTN

     

1.800%, 07/23/2020

  EUR     115       135  

0.625%, 11/21/2024

      465       523  

United Technologies Corp

     

3.950%, 08/16/2025

  $     85       84  

1.250%, 05/22/2023

  EUR     225       259  

1.150%, 05/18/2024

      164       185  

US Bancorp MTN

     

0.850%, 06/07/2024

      701       797  

Verizon Communications

     

3.500%, 11/01/2021

  $     590       596  

Verizon Communications MTN

     

4.750%, 02/17/2034

  GBP     170       249  

4.050%, 02/17/2025

  AUD     680       489  

Wells Fargo & Co MTN

     

2.000%, 04/27/2026

  EUR     210       247  

1.375%, 06/30/2022

  GBP     195       242  

Wells Fargo Bank MTN

     

5.250%, 08/01/2023

      350       498  

Western Digital Corp

     

4.750%, 02/15/2026

  $     328       285  

WPC Eurobond BV

     

2.125%, 04/15/2027

  EUR     380       416  
     

 

 

 

        30,467  
     

 

 

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

     

Uruguay — 0.0%

     

Republic of Uruguay

     

9.875%, 06/20/2022 (A)

  UYU     3,181       $ 97  

8.500%, 03/15/2028 (A)

      2,325       61  
     

 

 

 

        158  
     

 

 

 

Total Global Bonds
(Cost $449,895) ($ Thousands)

        440,347  
     

 

 

 

U.S. TREASURY OBLIGATIONS — 6.1%

   

U.S. Treasury Bills (B)

     

2.469%, 01/31/2019

  $     17,000       16,969  

2.340%, 03/21/2019

      10,000       9,949  

U.S. Treasury Inflation Protected Securities

     

1.250%, 07/15/2020

      1,174       1,171  

U.S. Treasury Note

     

2.000%, 02/28/2021

      1,190       1,178  
     

 

 

 

Total U.S. Treasury Obligations (Cost $29,286) ($ Thousands)

        29,267  
     

 

 

 

MORTGAGE-BACKED SECURITIES — 0.8%

 

 

Agency Mortgage-Backed Obligation — 0.6%

 

 

FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-DNA1, Cl M2

     

4.356%, VAR ICE LIBOR USD 1 Month+1.850%, 10/25/2027

      394       399  

FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-DNA2, Cl M2

     

5.106%, VAR ICE LIBOR USD 1 Month+2.600%, 12/25/2027

      64       66  

FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-HQA2, Cl M2

     

5.306%, VAR ICE LIBOR USD 1 Month+2.800%, 05/25/2028

      114       116  

FHLMC Structured Agency Credit Risk Debt Notes, Ser 2016-DNA1, Cl M2

     

5.406%, VAR ICE LIBOR USD 1 Month+2.900%, 07/25/2028

      201       204  

FHLMC Structured Agency Credit Risk Debt Notes, Ser 2016-HQA1, Cl M3

     

8.856%, VAR ICE LIBOR USD 1 Month+6.350%, 09/25/2028

      250       298  

FHLMC Structured Agency Credit Risk Debt Notes, Ser 2017-DNA1, Cl M1

     

3.706%, VAR ICE LIBOR USD 1 Month+1.200%, 07/25/2029

      279       280  

FHLMC Structured Agency Credit Risk Debt Notes, Ser 2017-DNA2, Cl M2

     

5.956%, VAR ICE LIBOR USD 1 Month+3.450%, 10/25/2029

      470       497  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

11


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)

 

 

FNMA Connecticut Avenue Securities, Ser 2014-C01, Cl M1

     

4.106%, VAR ICE LIBOR USD 1 Month+1.600%, 01/25/2024

  $     80       $ 80  

FNMA Connecticut Avenue Securities, Ser 2014-C04, Cl 2M2

     

7.506%, VAR ICE LIBOR USD 1 Month+5.000%, 11/25/2024

      340       376  

FNMA Connecticut Avenue Securities, Ser 2016-C02, Cl 1M1

     

4.656%, VAR ICE LIBOR USD 1 Month+2.150%, 09/25/2028

      24       24  

FNMA Connecticut Avenue Securities, Ser 2016-C04, Cl 1M2

     

6.756%, VAR ICE LIBOR USD 1 Month+4.250%, 01/25/2029

      95       105  

FNMA Connecticut Avenue Securities, Ser 2016-C05, Cl 2M1

     

3.856%, VAR ICE LIBOR USD 1 Month+1.350%, 01/25/2029

      23       23  

FNMA Connecticut Avenue Securities, Ser 2016-C06, Cl 1M1

     

3.806%, VAR ICE LIBOR USD 1 Month+1.300%, 04/25/2029

      347       348  

FNMA Connecticut Avenue Securities, Ser 2016-C07, Cl 2M2

     

6.856%, VAR ICE LIBOR USD 1 Month+4.350%, 05/25/2029

      153       166  

FNMA Connecticut Avenue Securities, Ser 2017-C01, Cl 1M1

     

3.806%, VAR ICE LIBOR USD 1 Month+1.300%, 07/25/2029

      128       129  
     

 

 

 

        3,111  
     

 

 

 

Non-Agency Mortgage-Backed Obligation — 0.2%

 

 

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

     

4.750%, 09/25/2034 (C)

      12       12  
       
Description         Face Amount
(Thousands)
   

Market Value

    ($ Thousands)

MORTGAGE-BACKED SECURITIES (continued)

 

 

COMM Mortgage Trust, Ser 2013-CR8, Cl A4

     

3.334%, 06/10/2046

  $     80       $ 80  

COMM Mortgage Trust, Ser 2014-CCRE14, Cl A3

     

3.955%, 02/10/2047

      70       72  

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

     

4.877%, 04/15/2037

      10       10  

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

     

3.485%, 01/25/2035 (C)

      52       49  

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

     

2.829%, 10/15/2045

      113       111  

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

     

4.175%, 12/25/2034 (C)

      48       48  

LSTAR Commercial Mortgage Trust, Ser 2016-4, Cl A2

     

2.579%, 03/10/2049 (A)

      159       155  

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

     

5.241%, 10/12/2052 (A)(C)

      15       2  

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

     

5.241%, 10/12/2052 (A)(C)

      10       1  

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

     

3.185%, 03/10/2046

      100       100  

Wells Fargo Commercial Mortgage Trust, Ser 2015-C28, Cl A3

     

3.290%, 05/15/2048

      120       119  

Wells Fargo Commercial Mortgage Trust, Ser 2015-C30, Cl A3

     

3.411%, 09/15/2058

      80       79  
     

 

 

 

        838  
     

 

 

 

Total Mortgage-Backed Securities
(Cost $3,891) ($ Thousands)

      3,949  
     

 

 

 

Total Investments in Securities — 98.7%
(Cost $483,072) ($ Thousands)

      $ 473,563  
     

 

 

 

 

A list of the open futures contracts held by the Fund at December 31, 2018, is as follows:

 

Type of Contract    Number of
Contracts
Long (Short)
       Expiration
Date
       Notional Amount
(Thousands)
     Value
    (Thousands)
     Unrealized
Appreciation/
(Depreciation)
(Thousands)
 

Australian 3-Year Bond

     22        Mar-2019      $ 1,777        $ 1,738        $ 6    

Australian 10-Year Bond

     (3)        Mar-2019        (283)         (280)         (3)   

Australian 10-Year Bond

     16        Mar-2019        1,515          1,494          14    

Canadian 10-Year Bond

     (57)        Mar-2019        (5,729)         (5,708)         (96)   

 

 

12

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

Type of Contract    Number of
Contracts
Long (Short)
       Expiration
Date
       Notional Amount
(Thousands)
  Value
    (Thousands)
  Unrealized
Appreciation/
(Depreciation)
(Thousands)

Canadian 10-Year Bond

     11        Mar-2019      $ 1,096     $ 1,102     $ 36  

Euro

     (240)        Feb-2019        (34,238     (34,568     (329

Euro-Bob

     (41)        Mar-2019        (6,136     (6,211     (16

Euro-Bob

     24        Mar-2019        3,607       3,636       6  

Euro-BTP

     23        Mar-2019        3,335       3,361       20  

Euro-Bund

     29        Mar-2019        5,353       5,422       31  

Euro-Bund

     (10)        Mar-2019        (1,855     (1,869     (3

Euro-Buxl 30 Year Bond

     7        Mar-2019        1,414       1,445       21  

Euro-Buxl 30 Year Bond

     (8)        Mar-2019        (1,637     (1,652     (6

Euro-OAT

     (13)        Mar-2019        (2,225     (2,241     1  

Euro-Schatz

     (35)        Mar-2019        (4,446     (4,479     (3

Euro-Schatz

     (40)        Mar-2019        (5,082     (5,119     (1

Japanese 10-Year Bond

     18        Mar-2019        24,145       25,016       71  

Japanese 10-Year Bond E-MINI

     19        Mar-2019        2,549       2,643       13  

Japanese 10-Year Bond E-MINI

     (31)        Mar-2019        (4,160     (4,313     (27

Long Gilt 10-Year Bond

     (6)        Mar-2019        (940     (941     (1

Long Gilt 10-Year Bond

     (23)        Mar-2019        (3,581     (3,608     (28

U.S. 2-Year Treasury Note

     21        Apr-2019        4,433       4,459       25  

U.S. 2-Year Treasury Note

     16        Apr-2019        3,386       3,397       11  

U.S. 5-Year Treasury Note

     67        Mar-2019        7,611       7,684       73  

U.S. 5-Year Treasury Note

     (5)        Mar-2019        (564     (573     (10

U.S. 10-Year Treasury Note

     5        Mar-2019        596       610       14  

U.S. 10-Year Treasury Note

     7        Mar-2019        848       854       6  

U.S. Ultra Long Treasury Bond

     1        Mar-2019        153       161       8  

Ultra 10-Year U.S. Treasury Note

     (47)        Mar-2019        (5,922     (6,114     (191
        

 

 

 

 

 

 

 

 

 

 

 

           $ (14,980     $ (14,654     $ (358
        

 

 

 

 

 

 

 

 

 

 

 

A list of the forward foreign currency contracts held by the Fund at December 31, 2018, is as follows:

 

Counterparty    Settlement Date                Currency to Deliver
(Thousands)
               Currency to Receive
(Thousands)
    

Unrealized
Appreciation
    (Depreciation)
(Thousands)

ANZ

     01/25/19 - 02/08/19      EUR      29,914      USD      34,383      $ 97  

ANZ

     02/20/19      EUR      19,642      USD      22,395        (147

Bank of America

     01/11/19      USD      338      EUR      296         

Bank of America

     01/11/19      AUD      6,862      USD      5,008        176  

Barclays PLC

     01/09/19      EUR      619      USD      722        14  

Barclays PLC

     02/08/19      EUR      2,179      USD      2,488        (11

Barclays PLC

     01/11/19      USD      16      EUR      14         

Barclays PLC

     01/11/19      USD      18      NZD      27         

Barclays PLC

     01/11/19      USD      55      CHF      55        1  

Barclays PLC

     01/11/19      USD      59      CAD      78        (2

Barclays PLC

     01/11/19      USD      70      SEK      638        1  

Barclays PLC

     01/11/19      USD      71      NOK      615         

Barclays PLC

     01/11/19      AUD      76      USD      56        2  

Barclays PLC

     01/11/19      CAD      96      USD      73        2  

Barclays PLC

     01/11/19      USD      107      AUD      148        (2

Barclays PLC

     01/11/19      NZD      123      USD      84        2  

Barclays PLC

     01/11/19      USD      221      GBP      174        1  

Barclays PLC

     01/11/19      NOK      459      USD      53         

Barclays PLC

     01/11/19      USD      1,870      JPY      210,625        51  

Barclays PLC

     01/11/19      PLN      6,640      USD      1,765        (3

Barclays PLC

     01/11/19      JPY      7,452      USD      67        (1

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

13


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

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

Barclays PLC

     01/11/19      CZK      16,323      USD      718      $ (8

Barclays PLC

     01/11/19      GBP      24,427      USD      31,219        97  

Barclays PLC

     01/11/19      EUR      32,359      USD      36,808        (208

Barclays PLC

     02/14/19      GBP      12,750      USD      16,427        157  

Barclays PLC

     02/20/19      USD      1,383      KRW      1,530,570        (7

Barclays PLC

     03/14/19      USD      1,034      TWD      31,710        11  

BNP Paribas

     01/11/19      USD      225      CAD      300        (5

BNP Paribas

     01/11/19      USD      354      GBP      277        (1

BNP Paribas

     01/11/19      EUR      1,151      USD      1,313        (3

BNP Paribas

     01/11/19      USD      12,813      EUR      11,261        68  

BNP Paribas

     01/11/19      CAD      19,014      USD      14,285        360  

BNP Paribas

     01/11/19      JPY      56,894      USD      503        (16

BNP Paribas

     01/30/19      ZAR      9,736      USD      681        6  

BNP Paribas

     02/15/19      USD      726      JPY      80,709        12  

Brown Brothers Harriman

     01/09/19      USD      681      EUR      587        (10

Brown Brothers Harriman

     01/09/19 - 01/30/19      EUR      2,255      USD      2,619        39  

Brown Brothers Harriman

     01/25/19 - 02/08/19      EUR      581      USD      663        (3

Brown Brothers Harriman

     01/17/19 - 01/30/19      USD      219      CAD      292        (5

Brown Brothers Harriman

     01/17/19 - 03/06/19      CHF      2,394      USD      2,429        (13

Brown Brothers Harriman

     01/23/19      SEK      1,509      USD      167        (3

Brown Brothers Harriman

     01/24/19      USD      341      TRY      1,862        5  

Brown Brothers Harriman

     01/25/19      USD      344      MXN      6,970        9  

Brown Brothers Harriman

     01/30/19      USD      707      ZAR      9,931        (19

Brown Brothers Harriman

     02/28/19      USD      390      GBP      306        2  

Brown Brothers Harriman

     02/14/19      USD      512      GBP      398        (4

Brown Brothers Harriman

     02/20/19      NZD      647      USD      448        15  

Brown Brothers Harriman

     02/20/19      JPY      3,859      USD      34        (1

BT Brokerage

     01/11/19      AUD      355      USD      255        5  

BT Brokerage

     01/11/19      USD      1,766      JPY      200,000        59  

Citi

     01/22/19      UYU      5,086      USD      157        1  

Citi

     01/25/19      USD      1,012      CLP      689,687        (17

Citigroup

     01/09/19      EUR      922      USD      1,045        (10

Citigroup

     01/11/19      GBP      1      USD      1         

Citigroup

     01/11/19      USD      46      AUD      64        (1

Citigroup

     01/11/19      CHF      1,838      USD      1,852        (14

Citigroup

     01/11/19 - 01/30/19      USD      2,205      JPY      249,219        70  

Citigroup

     01/11/19      MXN      39,876      USD      1,955        (67

Citigroup

     01/11/19      HUF      74,958      USD      265        (3

Citigroup

     01/23/19      USD      666      NOK      5,636        (15

Citigroup

     02/20/19      AUD      9,966      USD      7,282        262  

Credit Suisse First Boston

     01/17/19      CAD      1,954      USD      1,474        42  

Deutsche Bank

     03/18/19      USD      672      INR      47,948        12  

Deutsche Bank

     03/18/19      INR      46,651      USD      639        (27

Goldman Sachs

     01/03/19      BRL      1,264      USD      325        (1

Goldman Sachs

     01/17/19      CHF      704      USD      713        (3

Goldman Sachs

     01/30/19      USD      596      EUR      517        (3

HSBC

     01/11/19      GBP      151      USD      193         

HSBC

     01/11/19      USD      1,774      JPY      200,000        50  

HSBC

     01/11/19      ILS      3,960      USD      1,070        10  

 

 

14

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

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

HSBC

     01/11/19      THB      5,382      USD      164      $ (1

HSBC

     02/04/19      USD      632      BRL      2,482        8  

JPMorgan Chase Bank

     01/11/19      CHF      55      USD      56         

JPMorgan Chase Bank

     01/11/19      AUD      215      USD      156        4  

JPMorgan Chase Bank

     01/11/19      USD      268      NZD      395        (3

JPMorgan Chase Bank

     01/11/19      USD      291      CAD      389        (6

JPMorgan Chase Bank

     01/11/19      USD      357      NOK      3,083        (1

JPMorgan Chase Bank

     01/11/19      USD      400      AUD      556        (9

JPMorgan Chase Bank

     01/11/19      CAD      456      USD      342        8  

JPMorgan Chase Bank

     01/11/19      USD      487      SEK      4,402        10  

JPMorgan Chase Bank

     01/11/19      NZD      830      USD      572        15  

JPMorgan Chase Bank

     01/11/19      NOK      3,624      USD      425        7  

JPMorgan Chase Bank

     01/11/19      SEK      4,492      USD      500        (7

JPMorgan Chase Bank

     01/11/19      USD      4,760      EUR      4,173        14  

JPMorgan Chase Bank

     01/11/19      USD      7,928      JPY      894,106        227  

JPMorgan Chase Bank

     01/11/19      EUR      31,676      USD      36,160        (75

JPMorgan Chase Bank

     01/11/19      JPY      4,544,353      USD      40,251        (1,198

JPMorgan Chase Bank

     01/18/19      CAD      1,602      USD      1,197        24  

JPMorgan Chase Bank

     01/18/19      USD      2,639      SEK      23,865        57  

JPMorgan Chase Bank

     01/18/19      CHF      2,986      USD      3,026        (8

JPMorgan Chase Bank

     01/18/19      USD      4,044      NOK      34,513        (55

JPMorgan Chase Bank

     01/18/19      PLN      7,435      USD      1,964        (16

JPMorgan Chase Bank

     01/18/19 - 02/14/19      USD      8,316      GBP      6,573        67  

JPMorgan Chase Bank

     01/18/19      SGD      8,672      USD      6,319        (47

JPMorgan Chase Bank

     01/18/19      AUD      9,512      USD      6,863        166  

JPMorgan Chase Bank

     01/18/19      EUR      14,732      USD      16,768        (94

JPMorgan Chase Bank

     01/18/19      NZD      17,209      USD      11,871        331  

JPMorgan Chase Bank

     01/18/19      HUF      993,394      USD      3,494        (50

JPMorgan Chase Bank

     01/24/19      USD      336      TRY      1,843        7  

JPMorgan Chase Bank

     01/25/19      MXN      25,296      USD      1,244        (36

JPMorgan Chase Bank

     01/29/19      USD      716      COP      2,281,107        (14

JPMorgan Chase Bank

     01/29/19      BRL      3,321      USD      852        (4

JPMorgan Chase Bank

     01/29/19      MXN      29,119      USD      1,434        (38

JPMorgan Chase Bank

     01/29/19      THB      114,930      USD      3,513        (19

JPMorgan Chase Bank

     01/29/19      KRW      1,835,000      USD      1,628        (20

JPMorgan Chase Bank

     01/29/19      JPY      2,879,161      USD      25,450        (852

Morgan Stanley

     01/03/19      USD      961      BRL      3,746        5  

Morgan Stanley

     01/11/19      USD      357      NOK      3,052        (4

Morgan Stanley

     01/11/19      GBP      565      USD      720         

Morgan Stanley

     01/11/19      SGD      1,281      USD      935        (5

Morgan Stanley

     01/11/19      USD      2,557      EUR      2,252        19  

Morgan Stanley

     01/11/19      NOK      5,051      USD      590        7  

Morgan Stanley

     01/11/19      DKK      7,862      USD      1,202        (4

Morgan Stanley

     01/11/19 - 02/14/19      EUR      8,762      USD      9,996        (34

Morgan Stanley

     01/11/19      SEK      18,330      USD      2,023        (46

Morgan Stanley

     01/11/19      THB      52,611      USD      1,599        (17

Morgan Stanley

     01/11/19 - 02/20/19      JPY      285,784      USD      2,556        (57

National Bank of Australia

     01/11/19      USD      3,552      JPY      401,651        112  

National Bank of Australia

     01/11/19      JPY      4,136,975      USD      36,583        (1,149

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

15


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

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

RBC

     01/11/19      NZD      6,253      USD      4,298         $ 105  

RBC

     02/15/19      USD      726      JPY      80,709        12  

RBS

     02/04/19      EUR      9,217      USD      10,607        42  

RBS

     03/14/19      USD      692      TWD      21,069        2  

Standard Chartered

     01/09/19      EUR      1,219      USD      1,415        21  

Standard Chartered

     01/11/19      JPY      103,447      USD      914        (30

Standard Chartered

     02/20/19      USD      693      KRW      772,210        1  

Standard Chartered

     03/14/19      TWD      21,048      USD      690        (3

State Street

     01/11/19      USD      627      EUR      547        (1

State Street

     01/11/19      JPY      70,294      USD      642         

UBS

     01/30/19      ZAR      19,600      USD      1,375        17  

UBS

     01/30/19      CAD      19,999      USD      15,133        477  

UBS

     01/30/19      JPY      912,024      USD      8,090        (242
                 

 

 

 

                     $ (1,374
                 

 

 

 

A list of open OTC swap agreements held by the Fund at December 31, 2018, is as follows:

 

Credit Default Swaps  
Counterparty   Reference Entity/ Obligation   Buy/Sell
Protection
 

(Pays)/

Receives Rate

  Payment
Frequency
  Termination
Date
 

Notional Amount

(Thousands)

 

Value

(Thousands)

 

Upfront Payments/
Receipts

(Thousands)

  Net Unrealized
Appreciation
(Depreciation)
(Thousands)

Credit Suisse

  CMBX.NA.BB.6   Sell   5.00%   Monthly   05/11/2063   $(370)      $ (104     $ (61       $ (43

Credit Suisse

  CMBX.NA.BB.6   Sell   5.00%   Monthly   05/11/2063   (240)     (68     (30     (38

Credit Suisse

  CMBX.NA.BB.6   Sell   5.00%   Monthly   05/11/2063   (130)     (36     (16     (20

Credit Suisse

  CMBX.NA.BBB.6   Sell   3.00%   Monthly   05/11/2063   (373)     (60     (27     (33

Credit Suisse

  CMBX.NA.BBB.6   Sell   3.00%   Monthly   05/11/2063   (127)     (20     (9     (11

Credit Suisse

  CMBX.NA.BBB.6   Sell   3.00%   Monthly   05/11/2063   (134)     (22     (8     (14

Credit Suisse

  CMBX.NA.BBB.6   Sell   3.00%   Monthly   05/11/2063   (460)     (74     (34     (40

Deutsche Bank

  CMBX.NA.BBB.6   Sell   3.00%   Monthly   05/11/2063   (406)     (66     (29     (37
             

 

 

 

 

 

 

 

 

 

 

 

                $ (450     $ (214       $ (236
             

 

 

 

 

 

 

 

 

 

 

 

A list of the open centrally cleared swap agreements held by the Fund at December 31, 2018, is as follows:

 

Credit Default Swap  
Reference Entity/ Obligation   Buy/Sell
Protection
   

(Pays)/

Receives Rate

    Payment
Frequency
    Termination
Date
    Notional Amount
(Thousands)
   

Value

(Thousands)

 

Upfront Payments/
Receipts

(Thousands)

  Net Unrealized
Appreciation
(Depreciation)
(Thousands)

ITRAXX Europe Series 28

    Sell       1.00%       Quarterly       12/20/2022       (5,360     $ 79       $ 128       $ (49
           

 

 

 

 

 

 

 

 

 

 

 

              $ 79       $ 128       $ (49
           

 

 

 

 

 

 

 

 

 

 

 

 

Percentages are based on Net Assets of $479,751 ($ Thousands).

(A)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2018, the value of these securities amounted to $63,214 ($ Thousands), representing 13.2% of the Net Assets of the Fund.

(B)

Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

(C)

Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

AUD — Australian Dollar

BRL — Brazilian Real

CAD — Canadian Dollar

Cl — Class

CLP — Chilean Peso

COP — Colombian Peso

CZK — Czech Koruna

DKK — Danish Krone

EUR — Euro

FHLMC — Federal Home Loan Mortgage Corporation

FNMA — Federal National Mortgage Association

GBP — British Pound Sterling

HUF — Hungarian Forint

ICE — Intercontinental Exchange

INR — Indian Rupee

ILS — Israeli New Sheckels

JPY — Japanese Yen

KRW — Korean Won

MTN — Medium Term Note

MXN — Mexican Peso

MYR — Malaysian Ringgit

NOK — Norwegian Krone

 

 

 

16

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

International Fixed Income Fund (Continued)

    

 

 

NZD — New Zealand Dollar

PLC — Public Limited Company

PLN — Polish Zloty

SGD — Singapore Dollar

SEK — Swedish Krona

THB — Thai Bhat

TRY — Turkish Lira

TWD — Taiwan Dollar

USD — United States Dollar

UYU — Uruguayan Peso

VAR — Variable Rate

ZAR — South African Rand

The following is a list of the level of inputs used as of December 31, 2018, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

 

         
Investments in Securities     Level 1       Level 2       Level 3         Total    

Global Bonds

    $       $ 440,347       $       $ 440,347  

U.S. Treasury Obligations

          29,267             29,267  

Mortgage-Backed Securities

          3,949             3,949  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Investments in Securities

    $       $  473,563       $       $  473,563  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Financial Instruments     Level 1       Level 2       Level 3         Total    

Futures Contracts*

       

Unrealized Appreciation

    $ 356       $       $       $ 356  

Unrealized Depreciation

    (714                 (714

Forwards Contracts*

       

Unrealized Appreciation

          3,402             3,402  

Unrealized Depreciation

          (4,776           (4,776

OTC Swaps

       

Credit Default Swaps*

       

Unrealized Depreciation

          (236           (236

Centrally Cleared Swaps

       

Credit Default Swaps*

       

Unrealized Depreciation

          (49           (49  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Other Financial Instruments

    $  (358     $  (1,659     $       $  (2,017
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

For the period ended December 31, 2018, there were no transfers between Level 1 and Level 2 assets and liabilities.

For the period ended December 31, 2018, 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.

 

As of December 31, 2018, the International Fixed Income Fund is the seller (“providing protection”) on a total notional amount of $2.2 million. The notional amounts of the swaps are not recorded in the financial statements. The notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund were the seller of protection and a credit event was to occur. Those credit default swaps (“CDS”) for which the Fund is providing protection at the balance sheet date are summarized as follows:

 

WRITTEN CREDIT DERIVATIVE CONTRACTS    SINGLE NAME CREDIT DEFAULT SWAPS      CREDIT DEFAULT SWAP INDEX  
REFERENCE ASSET   

Corporate

Debt

    

Sovereign

Debt

           Asset Backed
Securities
             Corporate
Debt
                     Total  

Fair value of written credit derivatives

     $-        $-        $(448,701)        $79,329        $(369,372)  

Maximum potential amount of future payments

     -        -        2,240,000        6,127,255        8,367,255  

Recourse provisions with third parties to recover any amounts paid under the credit derivative (including any purchased credit protection)[1]

     -        -        -        -        -  

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

     -        -        -        -        -  

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

 

MAXIMUM POTENTIAL AMOUNT OF FUTURE PAYMENTS BY CONTRACT TERM  
      0-6 MONTHS      6-12 MONTHS      1-5 YEARS      5-10 YEARS      > 10 YEARS      Total  

Current credit spread* on underlying (in basis points)[1]

     $-        $-        $-        $-        $-        $-  

0-400

     -        -        6,127,255        -        -        6,127,255  

> than 400

     -        -        -        -        2,240,000        2,240,000  

Total

     $-        $-        $6,127,255        $-        $2,240,000        $8,367,255  

[1] If Management uses credit ratings to evaluate the credit risk of an underlying asset, it may use such ratings in its disclosure by replacing credit spreads by credit ratings.

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

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

17


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS — 96.5%

 

Albania — 0.0%

 

Albania Government International Bond

     

3.500%, 10/09/2025

  EUR     403       $ 458  
     

 

 

 

Angola — 1.0%

 

Angolan Government International Bond

     

9.500%, 11/12/2025

  $     310       326  

9.375%, 05/08/2048 (A)

      1,814       1,696  

9.375%, 05/08/2048

      3,137       2,933  

8.250%, 05/09/2028 (B)

      1,953       1,837  

8.250%, 05/09/2028 (A)

      3,658       3,442  

Republic of Angola Via Avenir II BV MTN

     

10.373%, VAR ICE LIBOR USD 6 Month+7.500%, 07/01/2023

      4,066       4,275  
     

 

 

 

        14,509  
     

 

 

 

Argentina — 4.1%

 

Adecoagro

     

6.000%, 09/21/2027 (A)

      785       665  

Agua y Saneamientos Argentinos

     

6.625%, 02/01/2023

      1,230       879  

Argentina Treasury Bill (C)

     

0.000%, 03/29/2019

  ARS     20,637       617  

0.000%, 04/30/2019

      13,774       414  

Argentina Treasury Bond

     

2.500%, 07/22/2021

      6,000       249  

Argentine Bonos del Tesoro

     

18.200%, 10/03/2021

      15,777       318  

Argentine Republic Government International Bond

     

8.280%, 12/31/2033

  $     1,262       972  

7.820%, 12/31/2033

  EUR     8,436       7,980  

7.820%, 12/31/2033

      18,173       17,361  

7.500%, 04/22/2026

  $     1,664       1,333  

7.125%, 07/06/2036

      1,829       1,310  

6.875%, 04/22/2021

      888       802  

6.875%, 01/26/2027

      625       477  

6.875%, 01/11/2048

      1,044       727  

5.875%, 01/11/2028

      1,800       1,294  

5.000%, 01/15/2027

  EUR     2,585       2,125  

2.260%, 12/31/2038

      14,905       9,316  

2.260%, 3.38%, 3/31/2019, 12/31/2038 (D)

      564       352  

Autonomous City of Buenos Aires Argentina

     

52.699%, VAR 30-35d Argentina BADLAR Private Banks+3.750%, 02/22/2028

  ARS     30,497       737  

51.476%, VAR 30-35d Argentina BADLAR Private Banks+3.250%, 03/29/2024

      48,886       1,088  

51.476%, VAR 30-35d Argentina BADLAR Private Banks+3.250%, 03/29/2024

      17,544       391  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

Bonos De La Nacion Argentina

     

4.500%, 06/21/2019

  $     1,463       $ 1,487  

Bonos de la Nacion Argentina con Ajuste por CER

     

4.000%, 03/06/2020

  ARS     35,000       1,171  

4.000%, 03/06/2020

      19,540       654  

3.750%, 02/08/2019

      33,185       1,291  

Bonos de la Nacion Argentina En Moneda Dua

     

4.500%, 02/13/2020

  $     1,507       1,398  

Pampa Energia

     

7.500%, 01/24/2027 (A)

      343       287  

7.375%, 07/21/2023 (A)

      270       243  

Provincia de Buenos Aires

     

7.875%, 06/15/2027

      2,762       1,989  

5.375%, 01/20/2023

  EUR     620       552  

Provincia de Cordoba

     

7.125%, 06/10/2021 (A)

  $     531       467  

Provincia del Chaco Argentina

     

9.375%, 08/18/2024

      654       463  

Rio Energy

     

6.875%, 02/01/2025 (A)

      1,571       1,163  

Transportadora de Gas del Sur

     

6.750%, 05/02/2025 (A)

      238       216  

YPF MTN

     

47.833%, VAR 30-35d Argentina BADLAR Private Banks+4.000%, 07/07/2020

      368       148  
     

 

 

 

        60,936  
     

 

 

 

Azerbaijan — 0.9%

 

Republic of Azerbaijan

     

4.750%, 03/18/2024

      400       398  

Republic of Azerbaijan International Bond

     

5.125%, 09/01/2029

      1,711       1,620  

Southern Gas Corridor

     

6.875%, 03/24/2026 (A)

      1,437       1,552  

6.875%, 03/24/2026

      3,895       4,207  

State Oil of the Azerbaijan Republic

     

6.950%, 03/18/2030

      2,310       2,477  

State Oil of the Azerbaijan Republic MTN

     

4.750%, 03/13/2023

      2,353       2,342  

4.750%, 03/13/2023

      1,300       1,294  
     

 

 

 

        13,890  
     

 

 

 

Bahrain — 0.4%

 

Bahrain Government International Bond

     

7.500%, 09/20/2047 (A)

      1,038       1,001  

7.000%, 01/26/2026 (A)

      295       302  

7.000%, 10/12/2028

      334       333  

6.750%, 09/20/2029 (A)

      861       842  

6.750%, 09/20/2029

      200       196  

6.000%, 09/19/2044

      200       169  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

1


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

Oil and Gas Holding BSCC

     

8.375%, 11/07/2028 (A)

  $     1,381       $ 1,407  

7.625%, 11/07/2024 (A)

      1,370       1,405  
     

 

 

 

        5,655  
     

 

 

 

Belarus — 0.1%

 

Republic of Belarus International Bond

     

7.625%, 06/29/2027

      1,040       1,064  
     

 

 

 

Belize — 0.1%

 

Belize Government International Bond

     

7.759%, 02/20/2034

      2,637       1,490  
     

 

 

 

Bermuda — 0.2%

 

Bermuda Government International Bond

     

4.854%, 02/06/2024

      868       902  

4.750%, 02/15/2029

      1,204       1,223  

Government of Bermuda

     

3.717%, 01/25/2027

      1,521       1,447  
     

 

 

 

        3,572  
     

 

 

 

Brazil — 8.2%

 

Brazil Letras do Tesouro Nacional (C)

     

18.380%, 01/01/2019

  BRL     29,105       7,509  

11.295%, 01/01/2020

      14,000       3,388  

11.065%, 07/01/2021

      5,000       1,071  

10.726%, 01/01/2022

      8,000       1,635  

8.523%, 07/01/2020

      17,181       4,011  

8.172%, 04/01/2020

      8,000       1,903  

7.940%, 10/01/2020

      57,033       13,033  

Brazil Loan Trust 1

     

5.477%, 07/24/2023 (A)

  $     1,664       1,681  

5.477%, 07/24/2023

      235       237  

Brazil Minas SPE via State of Minas Gerais

     

5.333%, 02/15/2028

      1,176       1,167  

5.333%, 02/15/2028

      3,568       3,541  

5.333%, 02/15/2028 (A)

      224       223  

Brazil Notas do Tesouro Nacional Serie B

     

6.000%, 05/15/2045

  BRL     1,608       1,510  

Brazil Notas do Tesouro Nacional Serie B, Ser B

     

6.000%, 08/15/2020

      2,318       1,973  

Brazil Notas do Tesouro Nacional, Serie F

     

10.000%, 01/01/2021

      87,158       23,521  

10.000%, 01/01/2023

      81,962       22,154  

10.000%, 01/01/2025

      22,277       5,995  

10.000%, 01/01/2027

      24,002       6,474  

10.000%, 01/01/2029

      8,032       2,182  

Brazilian Government International Bond

     

4.625%, 01/13/2028

  $     4,521       4,347  

CSN Resources

     

6.500%, 07/21/2020

      1,000       965  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

Federal Republic of Brazil

     

8.250%, 01/20/2034

  $     748       $ 916  

Gol Finance

     

7.000%, 01/31/2025 (A)

      1,720       1,524  

JBS Investments GmbH

     

7.250%, 04/03/2024

      1,034       1,042  

6.250%, 02/05/2023 (A)

      821       813  

JBS Investments II GmbH

     

7.000%, 01/15/2026 (A)

      473       464  

Klabin Finance

     

5.250%, 07/16/2024

      790       771  

Marfrig Holdings Europe BV

     

8.000%, 06/08/2023

      1,100       1,103  

Minerva Luxembourg

     

6.500%, 09/20/2026 (A)

      2,132       1,985  

Nexa Resources

     

5.375%, 05/04/2027 (A)

      2,891       2,797  

Petrobras Global Finance BV

     

7.375%, 01/17/2027

      1,498       1,539  

Rumo Luxembourg

     

7.375%, 02/09/2024 (A)

      898       936  

Suzano Austria GmbH

     

7.000%, 03/16/2047 (A)

      399       409  

6.000%, 01/15/2029 (A)

      688       702  
     

 

 

 

        123,521  
     

 

 

 

Cameroon — 0.2%

 

Republic of Cameroon International Bond

     

9.500%, 11/19/2025 (A)

      3,090       3,147  
     

 

 

 

Chile — 1.4%

 

Banco de Credito e Inversiones

     

3.500%, 10/12/2027 (A)

      1,046       942  

Bonos de la Tesoreria de la Republica

     

6.000%, 01/01/2020

  CLP     80,000       122  

6.000%, 01/01/2043

      3,290,000       5,750  

5.000%, 03/01/2035

      2,920,000       4,473  

4.700%, 09/01/2030 (A)

      135,000       202  

4.500%, 02/28/2021

      350,000       522  

Bonos de la Tesoreria de la Republica en pesos

     

4.000%, 03/01/2023 (A)

      120,000       176  

Cencosud

     

4.375%, 07/17/2027 (A)

  $     1,819       1,578  

Empresa Electrica Angamos

     

4.875%, 05/25/2029 (A)

      1,300       1,243  

Empresa Nacional del Petroleo

     

5.250%, 11/06/2029 (A)

      391       397  

4.500%, 09/14/2047 (A)

      332       284  

3.750%, 08/05/2026 (A)

      387       362  

Geopark

     

6.500%, 09/21/2024 (A)

      492       455  
 

 

 

2

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

Nacional del Cobre de Chile

     

3.000%, 07/17/2022

  $     4,274       $ 4,158  

Republic of Chile

     

5.500%, 08/05/2020

  CLP     323,000       478  
     

 

 

 

        21,142  
     

 

 

 

China — 1.0%

     

Alibaba Group Holding

     

4.200%, 12/06/2047

  $     310       275  

Charming Light Investments MTN

     

4.375%, 12/21/2027

      1,600       1,507  

China Government International Bond

     

3.250%, 10/19/2023

      2,466       2,480  

China Minmetals

     

4.450%, VAR US Treas Yield Curve Rate T Note Const Mat 3 Yr+6.070%, 05/13/2021

      640       624  

3.750%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.717%, 05/13/2166

      2,047       1,849  

Chinalco Capital Holdings

     

4.250%, 04/21/2022

      740       707  

CNAC HK Finbridge

     

5.125%, 03/14/2028

      780       794  

4.625%, 03/14/2023

      1,770       1,785  

Country Garden Holdings Co Ltd

     

4.750%, 07/25/2022

      210       191  

Dianjian International Finance

     

4.600%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+6.933%, 09/13/2166

      303       283  

HBIS Group Hong Kong

     

4.250%, 04/07/2020

      684       670  

Huarong Finance

     

4.500%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+7.773%, 12/29/2049

      1,378       1,297  

Huarong Finance 2017

     

4.750%, 04/27/2027

      937       876  

Leader Goal International Ltd

     

4.250%, 07/19/2166

      212       197  

Sinopec Group Overseas Development

     

3.250%, 09/13/2027 (A)

      598       556  

Tsinghua Unic

     

5.375%, 01/31/2023

      1,530       1,411  
     

 

 

 

        15,502  
     

 

 

 

Colombia — 5.5%

     

Colombia Government International Bond

     

4.500%, 03/15/2029

      2,301       2,274  

Colombian TES

     

11.000%, 07/24/2020

  COP     5,128,900       1,713  

10.000%, 07/24/2024

      39,680,600       14,374  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

7.750%, 09/18/2030

  COP     1,040,700       $ 340  

7.500%, 08/26/2026

      30,754,200       9,978  

7.000%, 09/11/2019

      17,456,100       5,456  

7.000%, 05/04/2022

      53,048,900       16,983  

7.000%, 06/30/2032

      8,741,700       2,655  

6.250%, 11/26/2025

      14,046,500       4,273  

4.750%, 04/04/2035

      1,951,000       1,835  

Emgesa ESP

     

8.750%, 01/25/2021

      870,000       279  

Empresas Publicas de Medellin ESP

     

8.375%, 02/01/2021

      3,962,000       1,226  

8.375%, 11/08/2027 (A)

      1,760,000       522  

7.625%, 09/10/2024 (A)

      3,116,000       932  

Financiera de Desarrollo Territorial Findeter

     

7.875%, 08/12/2024 (A)

      1,127,000       352  

7.875%, 08/12/2024

      884,000       276  

Republic of Colombia

     

9.850%, 06/28/2027

      3,803,000       1,434  

9.850%, 06/28/2027

      1,257,000       474  

8.125%, 05/21/2024

  $     550       641  

7.750%, 04/14/2021

  COP     3,331,000       1,067  

7.375%, 09/18/2037

  $     1,091       1,319  

6.125%, 01/18/2041

      1,584       1,711  

6.000%, 04/28/2028

  COP     22,746,200       6,638  

5.000%, 06/15/2045

  $     4,506       4,290  

4.500%, 01/28/2026

      1,303       1,303  

4.375%, 03/21/2023

  COP     1,782,000       519  

4.375%, 03/21/2023

      1,089,000       317  
     

 

 

 

        83,181  
     

 

 

 

Costa Rica — 0.5%

 

Banco Nacional de Costa Rica

     

6.250%, 11/01/2023 (A)

  $     753       710  

5.875%, 04/25/2021 (A)

      597       573  

Costa Rica Government International Bond

     

4.250%, 01/26/2023

      870       766  

Instituto Costarricense de Electricidad

     

6.950%, 11/10/2021

      400       381  

6.375%, 05/15/2043

      250       181  

Republic of Costa Rica

     

7.158%, 03/12/2045

      1,643       1,415  

7.158%, 03/12/2045 (A)

      1,237       1,065  

7.158%, 03/12/2045

      1,171       1,009  

7.000%, 04/04/2044

      1,208       1,025  

7.000%, 04/04/2044

      805       683  
     

 

 

 

        7,808  
     

 

 

 

Croatia — 0.7%

 

Croatia Government International Bond

     

6.625%, 07/14/2020

      2,180       2,264  

6.000%, 01/26/2024

      768       829  

6.000%, 01/26/2024 (A)

      200       216  

3.000%, 03/11/2025

  EUR     2,444       3,005  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

3


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

3.000%, 03/20/2027

  EUR     1,860       $ 2,234  

2.750%, 01/27/2030

      2,169       2,477  
     

 

 

 

        11,025  
     

 

 

 

Czech Republic — 1.1%

     

Czech Republic Government Bond

     

4.200%, 12/04/2036

  CZX     28,000       1,545  

2.750%, 07/23/2029

      15,240       721  

2.500%, 08/25/2028

      41,920       1,956  

2.400%, 09/17/2025

      65,400       2,994  

2.000%, 10/13/2033

      18,820       799  

1.500%, 10/29/2019

      63,310       2,808  

0.703%, 07/17/2019 (C)

      134,450       5,916  
     

 

 

 

        16,739  
     

 

 

 

Dominican Republic — 0.9%

     

Dominican Republic International Bond

     

11.250%, 02/05/2027

  DOP     14,500       297  

7.450%, 04/30/2044 (A)

  $     687       714  

6.875%, 01/29/2026

      2,000       2,097  

6.875%, 01/29/2026

      443       465  

6.850%, 01/27/2045

      830       818  

6.850%, 01/27/2045 (A)

      479       472  

6.850%, 01/27/2045

      400       394  

6.600%, 01/28/2024

      656       684  

6.500%, 02/15/2048

      2,171       2,052  

6.000%, 07/19/2028 (A)

      1,817       1,812  

6.000%, 07/19/2028

      2,295       2,289  

5.950%, 01/25/2027

      1,663       1,657  

5.875%, 04/18/2024 (A)

      71       72  

5.500%, 01/27/2025

      249       247  

5.500%, 01/27/2025

      179       177  
     

 

 

 

        14,247  
     

 

 

 

Ecuador — 1.5%

     

Ecuador Government International Bond

     

10.500%, 03/24/2020

      273       275  

9.650%, 12/13/2026 (B)

      779       709  

9.650%, 12/13/2026 (A)

      660       601  

9.625%, 06/02/2027

      777       703  

8.875%, 10/23/2027 (A)

      2,087       1,795  

8.875%, 10/23/2027

      7,763       6,676  

8.750%, 06/02/2023

      2,061       1,922  

7.950%, 06/20/2024

      2,725       2,398  

7.875%, 01/23/2028

      2,371       1,926  

7.875%, 01/23/2028 (A)

      5,451       4,429  

Petroamazonas EP

     

4.625%, 02/16/2020 (A)

      380       366  
     

 

 

 

        21,800  
     

 

 

 

Egypt — 3.7%

     

Egypt Government International Bond

     

14.800%, 01/30/2023

  EGP     73,250       3,649  

7.903%, 02/21/2048 (A)

  $     2,945       2,534  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

6.588%, 02/21/2028 (A) (B)

  $     2,205       $ 1,966  

5.577%, 02/21/2023 (A)

      1,445       1,369  

Egypt Government International Bond MTN

     

8.500%, 01/31/2047 (A)

      3,166       2,854  

8.500%, 01/31/2047

      6,649       5,993  

7.500%, 01/31/2027 (A)

      1,702       1,621  

7.500%, 01/31/2027

      1,413       1,346  

6.125%, 01/31/2022 (A)

      865       849  

5.625%, 04/16/2030 (A)

  EUR     3,532       3,488  

5.625%, 04/16/2030

      3,322       3,281  

4.750%, 04/16/2026

      2,311       2,390  

Egypt Treasury Bills (C)

     

19.791%, 11/26/2019

  EGP     78,700       3,727  

19.773%, 08/13/2019

      75,650       3,766  

19.527%, 05/07/2019

      267,425       13,989  

18.922%, 02/05/2019

      13,000       714  

18.701%, 04/30/2019

      29,100       1,525  
     

 

 

 

        55,061  
     

 

 

 

El Salvador — 0.4%

     

Republic of El Salvador

     

8.250%, 04/10/2032 (A)

  $     326       330  

7.750%, 01/24/2023

      1,690       1,739  

7.650%, 06/15/2035

      512       484  

7.375%, 12/01/2019

      1,592       1,598  

5.875%, 01/30/2025

      2,841       2,617  
     

 

 

 

        6,768  
     

 

 

 

Gabon — 0.1%

     

Gabonese Republic

     

6.950%, 06/16/2025 (A)

      2,012       1,802  
     

 

 

 

Georgia — 0.0%

     

Republic of Georgia

     

6.875%, 04/12/2021 (A)

      421       441  
     

 

 

 

Ghana — 1.3%

     

Ghana Government Bond

     

10.750%, 10/14/2030

      9,025       10,200  

10.750%, 10/14/2030 (A)

      244       276  

8.627%, 06/16/2049

      2,348       2,044  

7.625%, 05/16/2029 (B)

      3,228       2,891  

Ghana Government International Bond

     

8.125%, 01/18/2026

      322       307  

7.875%, 08/07/2023

      484       473  

Republic of Ghana Government Bonds

     

19.750%, 03/25/2024

  GHS     5,311       1,065  

19.000%, 11/02/2026

      11,055       2,043  

Tullow Oil

     

7.000%, 03/01/2025 (A)

  $     660       612  
     

 

 

 

        19,911  
     

 

 

 

 

 

 

4

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

Guatemala — 0.0%

 

Comunicaciones Celulares Via Comcel Trust

     

6.875%, 02/06/2024 (A)

  $     390       $ 397  
     

 

 

 

Honduras — 0.0%

 

Honduras Government International Bond

     

6.250%, 01/19/2027

      326       322  
     

 

 

 

Hong Kong — 0.0%

 

Chinalco Capital Holdings

     

4.000%, 08/25/2021

      515       495  
     

 

 

 

Hungary — 1.6%

 

Hungary Government Bond

     

0.500%, 04/21/2021

  HUF     86,610       304  

Republic of Hungary

     

7.625%, 03/29/2041

  $     1,600       2,240  

7.000%, 06/24/2022

  HUF     70,490       297  

6.375%, 03/29/2021

  $     3,222       3,400  

5.500%, 06/24/2025

  HUF     680,730       2,843  

3.000%, 06/26/2024

      884,280       3,271  

3.000%, 10/27/2027

      1,971,080       7,020  

2.750%, 12/22/2026

      1,072,960       3,768  

1.750%, 10/26/2022

      85,260       303  
     

 

 

 

        23,446  
     

 

 

 

India — 0.2%

 

Power Finance MTN

     

6.150%, 12/06/2028 (A)

  $     800       778  

State Bank of India MTN

     

4.500%, 09/28/2023

      696       702  

Vedanta Resources

     

8.250%, 06/07/2021

      820       812  
     

 

 

 

        2,292  
     

 

 

 

Indonesia — 7.1%

 

Eterna Capital Pte

     

8.000%, 12/11/2022

      275       245  

7.500%, 12/11/2022

      503       495  

Indika Energy Capital II

     

6.875%, 04/10/2022

      45       45  

Indika Energy Capital III

     

5.875%, 11/09/2024

      330       287  

5.875%, 11/09/2024

      236       205  

Indo Energy Finance II

     

6.375%, 01/24/2023

      1,585       1,481  

Indonesia Asahan Aluminium Persero

     

6.757%, 11/15/2048 (A)

      2,376       2,435  

6.530%, 11/15/2028 (A)

      1,105       1,159  

5.710%, 11/15/2023 (A)

      618       629  

Indonesia Government International Bond

     

4.750%, 02/11/2029

      1,132       1,149  

4.450%, 02/11/2024

      2,746       2,761  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

Indonesia Government International Bond MTN

     

5.125%, 01/15/2045

  $     410       $ 403  

3.850%, 07/18/2027

      2,030       1,929  

Indonesia Treasury Bond

     

8.750%, 05/15/2031

  IDR     75,616,000       5,478  

8.375%, 03/15/2034

      81,994,000       5,742  

8.250%, 05/15/2029

      68,155,000       4,844  

8.250%, 05/15/2036

      66,134,000       4,558  

8.125%, 05/15/2024

      14,483,000       1,023  

7.500%, 08/15/2032

      37,830,000       2,470  

7.500%, 05/15/2038

      84,662,000       5,416  

Perusahaan Listrik Negara

     

2.875%, 10/25/2025 (A)

  EUR     468       531  

Perusahaan Listrik Negara MTN

     

6.150%, 05/21/2048 (A)

  $     857       861  

5.450%, 05/21/2028 (A)

      462       467  

Perusahaan Penerbit SBSN Indonesia III

     

4.400%, 03/01/2028

      573       559  

Republic of Indonesia

     

11.000%, 09/15/2025

  IDR     3,200,000       256  

9.000%, 03/15/2029

      63,592,000       4,654  

8.500%, 10/12/2035

  $     1,179       1,586  

8.500%, 10/12/2035

      525       706  

8.375%, 03/15/2024

  IDR     60,173,000       4,251  

8.375%, 09/15/2026

      31,281,000       2,212  

8.250%, 06/15/2032

      24,199,000       1,669  

7.750%, 01/17/2038

  $     1,797       2,308  

7.000%, 05/15/2022

  IDR     121,630,000       8,229  

7.000%, 05/15/2027

      78,640,000       5,119  

6.625%, 05/15/2033

      64,339,000       3,897  

6.125%, 05/15/2028

      68,570,000       4,196  

5.625%, 05/15/2023

      90,318,000       5,763  

4.350%, 01/08/2027 (A)

  $     3,994       3,949  

Republic of Indonesia MTN

     

5.375%, 10/17/2023

      1,275       1,331  

5.250%, 01/17/2042

      2,366       2,375  

4.750%, 01/08/2026

      2,578       2,612  

3.750%, 06/14/2028

  EUR     2,104       2,609  

3.375%, 04/15/2023 (A)

  $     1,069       1,033  

Star Energy Geothermal Wayang Windu

     

6.750%, 04/24/2033

      1,968       1,800  
     

 

 

 

        105,727  
     

 

 

 

Iraq — 0.3%

 

Iraq International Bond

     

5.800%, 01/15/2028

      4,493       4,018  

5.800%, 01/15/2028

      1,086       971  
     

 

 

 

        4,989  
     

 

 

 

Ivory Coast — 1.3%

 

Ivory Coast Government International Bond

     

6.625%, 03/22/2048

  EUR     2,259       2,169  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

5


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

6.375%, 03/03/2028 (A)

  $     1,851       $ 1,666  

6.125%, 06/15/2033

      2,640       2,188  

6.125%, 06/15/2033

      2,272       1,883  

5.750%, 12/31/2032

      1,489       1,312  

5.750%, 12/31/2032

      3,413       3,007  

5.750%, 12/31/2032

      2,716       2,393  

5.250%, 03/22/2030

  EUR     2,503       2,517  

5.125%, 06/15/2025 (B)

      1,541       1,687  

5.125%, 06/15/2025 (A)

      930       1,018  
     

 

 

 

        19,840  
     

 

 

 

Jamaica — 0.1%

     

Digicel Group

     

7.125%, 04/01/2022 (A)

  $     337       157  

Government of Jamaica

     

7.875%, 07/28/2045

      1,219       1,389  
     

 

 

 

        1,546  
     

 

 

 

Jordan — 0.2%

     

Jordan Government International Bond

     

7.375%, 10/10/2047 (A)

      1,601       1,417  

7.375%, 10/10/2047

      509       451  

5.750%, 01/31/2027

      876       803  
     

 

 

 

        2,671  
     

 

 

 

Kazakhstan — 0.9%

     

Development Bank of Kazakhstan

     

4.125%, 12/10/2022

      770       746  

KazAgro National Management Holding JSC MTN

     

4.625%, 05/24/2023 (A)

      349       334  

Kazakhstan Government International Bond MTN

     

2.375%, 11/09/2028

  EUR     556       629  

1.550%, 11/09/2023

      603       692  

KazMunayGas National JSC

     

6.375%, 10/24/2048 (A)

  $     720       724  

5.750%, 04/19/2047 (A)

      2,652       2,525  

5.750%, 04/19/2047

      63       60  

5.375%, 04/24/2030 (A)

      1,834       1,800  

5.375%, 04/24/2030

      2,300       2,258  

4.750%, 04/24/2025 (A)

      750       742  

KazTransGas JSC

     

4.375%, 09/26/2027

      1,122       1,040  

4.375%, 09/26/2027 (A)

      932       863  

Nostrum Oil & Gas Finance BV

     

7.000%, 02/16/2025 (A)

      441       270  

Republic of Kazakhstan MTN

     

6.500%, 07/21/2045

      330       395  
     

 

 

 

        13,078  
     

 

 

 

Kenya — 0.3%

     

Kenya Government International Bond

     

8.250%, 02/28/2048

      1,050       892  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

7.250%, 02/28/2028 (A)

  $     1,418       $ 1,266  

7.250%, 02/28/2028

      217       194  

6.875%, 06/24/2024 (A)

      543       510  

6.875%, 06/24/2024

      473       444  

5.875%, 06/24/2019 (A)

      805       806  
     

 

 

 

        4,112  
     

 

 

 

Lebanon — 1.1%

     

Lebanon Government International Bond

     

7.250%, 03/23/2037

      569       433  

6.850%, 03/23/2027

      1,004       795  

6.650%, 04/22/2024

      3,217       2,690  

Lebanon Government International Bond MTN

     

8.250%, 04/12/2021

      5,261       4,999  

6.650%, 11/03/2028

      4,936       3,800  

6.650%, 02/26/2030

      474       358  

6.600%, 11/27/2026

      93       73  

6.250%, 05/27/2022

      245       214  

6.150%, 06/19/2020

      1,356       1,281  

Republic of Lebanon MTN

     

8.250%, 04/12/2021

      1,828       1,737  
     

 

 

 

        16,380  
     

 

 

 

Lithuania — 0.1%

     

Lithuania Government International Bond

     

7.375%, 02/11/2020

      1,219       1,274  
     

 

 

 

Malaysia — 4.7%

     

1MDB Energy

     

5.990%, 05/11/2022

      1,000       1,011  

1MDB Global Investments

     

4.400%, 03/09/2023

      1,000       895  

4.400%, 03/09/2023

      8,600       7,699  

Malaysia Government Bond

     

5.248%, 09/15/2028

  MYR     1,050       274  

4.935%, 09/30/2043

      2,200       535  

4.642%, 11/07/2033

      1,000       246  

4.392%, 04/15/2026

      7,081       1,746  

4.254%, 05/31/2035

      1,827       425  

4.232%, 06/30/2031

      6,200       1,473  

4.181%, 07/15/2024

      4,186       1,025  

4.160%, 07/15/2021

      12,113       2,969  

4.059%, 09/30/2024

      8,000       1,945  

3.955%, 09/15/2025

      19,922       4,797  

3.899%, 11/16/2027

      2,500       592  

3.892%, 03/15/2027

      1,369       324  

3.889%, 07/31/2020

      7,629       1,856  

3.882%, 03/10/2022

      4,000       973  

3.800%, 08/17/2023

      30,074       7,255  

3.795%, 09/30/2022

      3,200       775  

3.759%, 03/15/2019

      5,346       1,295  

3.757%, 04/20/2023

      13,915       3,361  
 

 

 

6

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

3.733%, 06/15/2028

  MYR     3,500       $ 822  

3.659%, 10/15/2020

      1,419       344  

3.654%, 10/31/2019

      4,500       1,091  

3.620%, 11/30/2021

      23,225       5,615  

3.502%, 05/31/2027

      1,050       241  

3.492%, 03/31/2020

      26,554       6,425  

3.480%, 03/15/2023

      2,858       683  

3.418%, 08/15/2022

      10,450       2,500  

Malaysia Government Investment Issue

     

4.369%, 10/31/2028

      1,200       293  

4.070%, 09/30/2026

      11,606       2,792  

Malaysia Sukuk Global

     

3.179%, 04/27/2026

  $     2,368       2,300  

Malaysia Treasury Bill

     

3.264%, 01/18/2019 (C)

  MYR     27,200       6,573  
     

 

 

 

        71,150  
     

 

 

 

Mauritius — 0.1%

     

Liquid Telecommunications Financing

     

8.500%, 07/13/2022 (A)

  $     1,286       1,293  
     

 

 

 

Mexico — 7.3%

     

America Movil

     

7.125%, 12/09/2024

  MXN     18,110       800  

Axtel

     

6.375%, 11/14/2024 (A)

  $     480       456  

Banco Inbursa Institucion De Banca Multiple Grupo Financiero Inbursa

     

4.375%, 04/11/2027 (A)

      573       521  

Banco Nacional de Comercio Exterior SNC

     

3.800%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+3.000%, 08/11/2026 (A)

      1,852       1,769  

3.800%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+3.000%, 08/11/2026

      2,836       2,708  

Cemex

     

7.750%, 04/16/2026

      670       706  

Cometa Energia

     

6.375%, 04/24/2035 (A)

      1,156       1,069  

Comision Federal de Electricidad

     

7.350%, 11/25/2025

  MXN     39,785       1,748  

5.750%, 02/14/2042 (A)

  $     500       460  

4.750%, 02/23/2027 (A)

      458       431  

Elementia

     

5.500%, 01/15/2025

      670       617  

Mexican Bonos

     

7.750%, 11/13/2042

  MXN     88,038       3,947  

7.500%, 06/03/2027

      129,929       6,128  

5.750%, 03/05/2026

      37,179       1,595  

5.750%, 03/05/2026

      87,650       3,759  

Mexican Bonos, Ser M20

     

10.000%, 12/05/2024

      390,539       21,062  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

8.500%, 05/31/2029

  MXN     20,000       $ 999  

8.000%, 12/07/2023

      67,343       3,337  

7.750%, 05/29/2031

      86,603       4,058  

Mexican Bonos, Ser M30

     

8.500%, 11/18/2038

      28,699       1,403  

Mexico Cetes

     

7.970%, 05/23/2019 (C)

      600,000       2,948  

Mexico City Airport Trust

     

5.500%, 07/31/2047 (A)

  $     1,211       1,064  

5.500%, 07/31/2047

      451       396  

Mexico Government International Bond

     

4.350%, 01/15/2047

      1,441       1,235  

3.750%, 01/11/2028

      2,775       2,597  

Petroleos Mexicanos

     

9.500%, 09/15/2027

      169       188  

7.470%, 11/12/2026

  MXN     167,047       6,205  

7.190%, 09/12/2024

      163,872       6,470  

6.625%, 06/15/2035

  $     3,100       2,706  

6.500%, 03/13/2027

      958       900  

6.500%, 01/23/2029

      1,483       1,383  

6.500%, 01/23/2029 (A)

      785       732  

6.375%, 01/23/2045

      807       650  

6.350%, 02/12/2048

      878       702  

6.350%, 02/12/2048 (A)

      742       594  

5.625%, 01/23/2046

      65       49  

5.350%, 02/12/2028 (A)

      5,832       5,088  

4.500%, 01/23/2026

      2,443       2,106  

4.250%, 01/15/2025

      4,025       3,518  

Petroleos Mexicanos MTN

     

6.750%, 09/21/2047

      1,424       1,178  

6.750%, 09/21/2047

      3,002       2,482  

6.750%, 09/21/2047 (A)

      73       60  

6.375%, 01/23/2045 (A)

      806       649  

4.875%, 02/21/2028

  EUR     3,822       4,140  

4.625%, 09/21/2023

  $     605       568  

United Mexican States MTN

     

5.750%, 10/12/2110

      3,776       3,549  

4.750%, 03/08/2044

      386       351  
     

 

 

 

        110,081  
     

 

 

 

MN — 0.0%

     

Development Bank of Mongolia

     

7.250%, 10/23/2023 (A)

      784       770  
     

 

 

 

Mongolia — 0.4%

     

Mongolia Government International Bond

     

5.625%, 05/01/2023

      1,719       1,624  

Mongolia Government International Bond MTN

     

8.750%, 03/09/2024

      3,150       3,368  

Trade & Development Bank of Mongolia MTN

     

9.375%, 05/19/2020 (A)

      355       370  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

7


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

9.375%, 05/19/2020

 

$

    350       $ 364  
     

 

 

 

        5,726  
     

 

 

 

Montenegro — 0.0%

     

Montenegro Government International Bond

     

3.375%, 04/21/2025

  EUR     563       636  
     

 

 

 

Netherlands — 0.2%

     

Marfrig Holdings Europe BV

     

8.000%, 06/08/2023 (A)

  $     200       200  

Minejesa Capital BV

     

5.625%, 08/10/2037 (A)

      96       84  

4.625%, 08/10/2030 (A)

      599       534  

Petrobras Global Finance

     

6.125%, 01/17/2022

      1,478       1,517  
     

 

 

 

        2,335  
     

 

 

 

Nigeria — 1.5%

     

Nigeria Government International Bond

     

9.248%, 01/21/2049

      282       274  

8.747%, 01/21/2031 (A)

      2,242       2,179  

8.747%, 01/21/2031

      781       759  

7.875%, 02/16/2032

      5,382       4,877  

7.875%, 02/16/2032 (A)

      488       442  

7.696%, 02/23/2038

      4,570       3,983  

7.625%, 11/21/2025

      364       351  

7.143%, 02/23/2030

      1,011       893  

7.143%, 02/23/2030 (A)

      2,525       2,230  

Nigeria Government International Bond MTN

     

7.625%, 11/28/2047 (A)

      1,686       1,418  

6.500%, 11/28/2027

      1,100       971  

6.500%, 11/28/2027 (A)

      4,082       3,603  
     

 

 

 

        21,980  
     

 

 

 

Oman — 1.2%

     

Oman Government International Bond

     

6.750%, 01/17/2048

      2,119       1,748  

6.750%, 01/17/2048 (A)

      633       522  

6.500%, 03/08/2047 (A)

      2,100       1,691  

6.500%, 03/08/2047

      1,356       1,092  

5.625%, 01/17/2028

      4,547       4,003  

5.625%, 01/17/2028 (A)

      5,811       5,116  

4.750%, 06/15/2026

      631       545  

4.750%, 06/15/2026 (A)

      237       205  

4.125%, 01/17/2023 (A)

      555       508  

3.625%, 06/15/2021 (B)

      1,326       1,259  

Oztel Holdings SPC

     

6.625%, 04/24/2028 (A)

      1,037       954  
     

 

 

 

        17,643  
     

 

 

 

Pakistan — 0.3%

     

Pakistan Government International Bond

     

8.250%, 09/30/2025

      1,000       1,002  

8.250%, 09/30/2025 (A)

      714       716  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

7.875%, 03/31/2036

  $     200       $ 178  

6.875%, 12/05/2027 (B)

      1,854       1,679  

6.875%, 12/05/2027 (A)

      1,438       1,302  
     

 

 

 

        4,877  
     

 

 

 

Panama — 0.4%

     

Aeropuerto Internacional de Tocumen (E)

     

6.000%, 11/18/2048

      2,924       2,906  

6.000%, 11/18/2048 (A)

      413       410  

Republic of Panama

     

9.375%, 04/01/2029

      550       768  

8.125%, 04/28/2034

      478       638  

3.750%, 03/16/2025

      1,035       1,025  
     

 

 

 

        5,747  
     

 

 

 

Papua New Guinea — 0.1%

     

Papua New Guinea Government International Bond

     

8.375%, 10/04/2028 (A)

      1,287       1,295  

8.375%, 10/04/2028

      282       284  
     

 

 

 

        1,579  
     

 

 

 

Paraguay — 0.2%

     

Paraguay Government International Bond

     

6.100%, 08/11/2044

      1,010       1,042  

6.100%, 08/11/2044 (A)

      221       228  

5.600%, 03/13/2048

      1,054       1,035  

Telefonica Celular del Paraguay

     

6.750%, 12/13/2022

      200       201  

6.750%, 12/13/2022

      200       202  
     

 

 

 

        2,708  
     

 

 

 

Peru — 2.0%

     

Abengoa Transmision Sur

     

6.875%, 04/30/2043 (A)

      273       300  

Financiera de Desarrollo

     

3.250%, 07/15/2019

      2,972       2,961  

Fondo MIVIVIENDA

     

7.000%, 02/14/2024 (A)

  PEN     3,704       1,173  

Inkia Energy

     

5.875%, 11/09/2027 (A)

  $     242       224  

Kallpa Generacion

     

4.125%, 08/16/2027 (A)

      723       667  

Peru Government Bond

     

8.200%, 08/12/2026

  PEN     963       335  

Peru LNG Srl

     

5.375%, 03/22/2030 (A)

  $     754       730  

Petroleos del Peru

     

5.625%, 06/19/2047 (A)

      366       358  

4.750%, 06/19/2032 (A)

      613       589  

Republic of Peru

     

8.200%, 08/12/2026

  PEN     10,387       3,613  

6.950%, 08/12/2031

      2,240       720  

6.950%, 08/12/2031

      10,713       3,444  
 

 

 

8

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

6.900%, 08/12/2037

  PEN     8,836       $ 2,799  

6.900%, 08/12/2037

      13,289       4,209  

6.900%, 08/12/2037

      1,343       425  

6.850%, 02/12/2042

      613       193  

6.350%, 08/12/2028

      1,570       487  

6.350%, 08/12/2028 (A)

      1,465       454  

6.350%, 08/12/2028

      346       107  

6.150%, 08/12/2032 (A)

      13,440       4,036  

5.700%, 08/12/2024 (A)

      4,932       1,512  

3.750%, 03/01/2030

  EUR     383       514  
     

 

 

 

        29,850  
     

 

 

 

Philippines — 0.2%

     

Philippine Government International Bond

     

4.000%, 01/15/2021

  $     2,606       2,629  

Republic of Philippines

     

3.900%, 11/26/2022

  PHP     45,000       796  
     

 

 

 

        3,425  
     

 

 

 

Poland — 4.0%

     

Republic of Poland

     

6.375%, 07/15/2019

  $     3,449       3,516  

Republic of Poland Government Bond

     

3.250%, 07/25/2025

  PLN     28,521       7,942  

2.750%, 04/25/2028

      48,162       12,743  

2.500%, 01/25/2023

      41,804       11,329  

2.500%, 04/25/2024

      19,767       5,316  

2.500%, 07/25/2026

      24,565       6,470  

2.500%, 07/25/2027

      8,045       2,104  

2.250%, 04/25/2022

      18,867       5,083  

2.000%, 04/25/2021

      912       245  

1.750%, 07/25/2021

      7,410       1,977  

1.554%, 07/25/2020 (C)

      10,140       2,643  

Republic of Poland Government Bond, Ser 0922

     

5.750%, 09/23/2022

      4,294       1,298  
     

 

 

 

        60,666  
     

 

 

 

Qatar — 0.5%

     

Qatar Government International Bond

     

5.103%, 04/23/2048

  $     4,847       5,090  

5.103%, 04/23/2048 (A)

      320       336  

4.500%, 04/23/2028

      820       856  

State of Qatar

     

5.750%, 01/20/2042 (A)

      574       674  
     

 

 

 

        6,956  
     

 

 

 

Romania — 0.9%

     

Government of Romania MTN

     

6.750%, 02/07/2022

      1,498       1,610  

Romanian Government International Bond

     

5.800%, 07/26/2027

  RON     1,850       490  

4.250%, 06/28/2023

      20,305       4,945  

3.500%, 12/19/2022

      1,220       292  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

3.400%, 03/08/2022

  RON     14,000       $ 3,357  

3.250%, 04/29/2024

      3,720       862  

Romanian Government International Bond MTN

     

3.875%, 10/29/2035

  EUR     1,430       1,590  

2.500%, 02/08/2030

      455       483  
     

 

 

 

        13,629  
     

 

 

 

Russia — 4.5%

     

Credit Bank of Moscow Via CBOM Finance

     

5.875%, 11/07/2021 (A)

  $     1,116       1,095  

GTH Finance BV

     

7.250%, 04/26/2023

      406       416  

6.250%, 04/26/2020

      580       587  

GTLK Europe DAC

     

5.950%, 07/19/2021

      470       459  

Petropavlovsk

     

8.125%, 11/14/2022 (A)

      730       550  

Ritekro (E)

     

10.490%, 11/07/2022 (C)

      914       675  

Rusal Capital DAC

     

5.125%, 02/02/2022

      860       645  

Russian Federal Bond - OFZ

     

8.500%, 09/17/2031

  RUB     48,298       694  

8.150%, 02/03/2027

      724,446       10,234  

7.750%, 09/16/2026

      364,450       5,040  

7.700%, 03/23/2033

      228,869       3,074  

7.500%, 08/18/2021

      21,285       304  

7.100%, 10/16/2024

      124,175       1,691  

7.050%, 01/19/2028

      1,249,180       16,377  

7.000%, 08/16/2023

      300,364       4,122  

Russian Foreign Bond - Eurobond

     

7.500%, 03/31/2030

  $     43       46  

5.875%, 09/16/2043 (B)

      2,200       2,316  

5.625%, 04/04/2042

      800       818  

5.250%, 06/23/2047

      2,600       2,425  

4.750%, 05/27/2026

      7,200       7,128  

4.250%, 06/23/2027

      1,600       1,521  

Sberbank of Russia Via SB Capital

     

5.500%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.023%, 02/26/2024 (A) (B)

      2,292       2,292  

SCF Capital Designated Activity

     

5.375%, 06/16/2023 (A)

      729       711  

Serbia Treasury Bonds

     

5.875%, 02/08/2028

  RSD     152,680       1,590  

VEON Holdings BV

     

7.504%, 03/01/2022

  $     290       315  

Vnesheconombank Via VEB Finance

     

6.902%, 07/09/2020

      1,310       1,338  

6.800%, 11/22/2025

      580       590  
 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

9


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

6.800%, 11/22/2025 (A)

  $     150       $ 153  
     

 

 

 

        67,206  
     

 

 

 

Saudi Arabia — 0.7%

     

Acwa Power Management And Investments One

     

5.950%, 12/15/2039 (A)

      1,524       1,431  

Saudi Government International Bond MTN

     

5.000%, 04/17/2049

      3,710       3,571  

4.500%, 04/17/2030

      4,681       4,651  

4.500%, 10/26/2046

      447       404  
     

 

 

 

        10,057  
     

 

 

 

Senegal — 0.4%

     

Senegal Government International Bond

     

6.750%, 03/13/2048 (B)

      3,774       3,121  

6.250%, 05/23/2033 (A) (B)

      910       782  

4.750%, 03/13/2028

  EUR     1,383       1,454  
     

 

 

 

        5,357  
     

 

 

 

Serbia — 0.4%

     

Republic of Serbia

     

7.250%, 09/28/2021

  $     4,655       5,010  

7.250%, 09/28/2021 (A)

      200       215  

4.875%, 02/25/2020

      200       202  
     

 

 

 

        5,427  
     

 

 

 

South Africa — 4.3%

     

Eskom Holdings SOC

     

7.125%, 02/11/2025

      1,430       1,304  

7.125%, 02/11/2025 (A)

      951       867  

5.750%, 01/26/2021

      1,070       1,008  

Eskom Holdings SOC MTN

     

8.450%, 08/10/2028 (A)

      1,909       1,796  

7.500%, 09/15/2033

  ZAR     35,200       1,828  

6.750%, 08/06/2023

  $     510       465  

6.350%, 08/10/2028 (A)

      322       310  

Republic of South Africa

     

10.500%, 12/21/2026

  ZAR     43,216       3,268  

9.000%, 01/31/2040

      90,887       5,802  

8.875%, 02/28/2035

      62,275       4,018  

8.750%, 01/31/2044

      42,248       2,612  

8.750%, 02/28/2048

      108,889       6,739  

8.500%, 01/31/2037

      42,699       2,637  

8.250%, 03/31/2032

      22,265       1,386  

8.000%, 01/31/2030

      60,830       3,825  

7.000%, 02/28/2031

      114,021       6,511  

6.750%, 03/31/2021

      10,939       753  

6.300%, 06/22/2048

  $     320       303  

6.250%, 03/31/2036

  ZAR     75,201       3,732  

5.875%, 09/16/2025

  $     5,526       5,594  

5.875%, 06/22/2030

      2,680       2,613  

5.650%, 09/27/2047

      386       343  

4.875%, 04/14/2026

      3,468       3,296  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

4.850%, 09/27/2027

  $     553       $ 515  

4.300%, 10/12/2028

      563       501  

SASOL Financing USA

     

6.500%, 09/27/2028

      687       687  

5.875%, 03/27/2024

      442       441  

Transnet SOC MTN

     

9.500%, 05/13/2021 (A)

  ZAR     13,360       927  
     

 

 

 

        64,081  
     

 

 

 

Spain — 0.2%

     

AI Candelaria Spain SLU

     

7.500%, 12/15/2028 (A)

  $     2,793       2,685  
     

 

 

 

Sri Lanka — 1.4%

     

Republic of Sri Lanka

     

6.825%, 07/18/2026 (A)

      909       839  

6.200%, 05/11/2027

      1,093       962  

5.875%, 07/25/2022 (A)

      1,755       1,641  

Sri Lanka Government Bonds

     

11.500%, 12/15/2021

  LKR     200,000       1,092  

Sri Lanka Government International Bond

     

11.750%, 06/15/2027

      236,000       1,283  

11.500%, 08/01/2026

      6,000       32  

6.850%, 11/03/2025

  $     1,669       1,561  

6.825%, 07/18/2026

      500       461  

6.750%, 04/18/2028

      2,140       1,946  

6.750%, 04/18/2028 (A)

      5,675       5,161  

6.250%, 07/27/2021

      1,834       1,765  

5.875%, 07/25/2022

      989       925  

5.750%, 04/18/2023 (A)

      2,108       1,940  

5.750%, 04/18/2023

      1,252       1,152  
     

 

 

 

        20,760  
     

 

 

 

Supra-National — 0.5%

     

Banque Ouest Africaine de Developpement

     

5.000%, 07/27/2027 (A)

      865       810  

European Investment Bank MTN

     

8.500%, 09/17/2024

  ZAR     9,200       646  

7.200%, 07/09/2019

  IDR     31,560,000       2,183  

Inter-American Development Bank MTN

     

7.875%, 03/14/2023

      50,880,000       3,525  
     

 

 

 

        7,164  
     

 

 

 

Thailand — 3.5%

     

Bank of Thailand Bill (C)

     

1.765%, 12/06/2019

  THB     41,513       1,255  

1.662%, 09/05/2019

      19,560       594  

1.466%, 06/06/2019

      31,450       959  

1.458%, 03/14/2019

      24,500       750  

1.456%, 02/28/2019

      48,785       1,495  

PTTEP Treasury Center

     

4.875%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+3.177%, 12/18/2166 (A)

  $     652       649  
 

 

 

10

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

Thailand Government Bond

     

5.670%, 03/13/2028

  THB     3,000       $ 116  

5.625%, 01/12/2019

      30,489       937  

4.875%, 06/22/2029

      22,000       812  

3.875%, 06/13/2019

      141,276       4,381  

3.775%, 06/25/2032

      290,700       9,825  

3.650%, 06/20/2031

      84,500       2,831  

3.625%, 06/16/2023

      55,000       1,796  

3.450%, 03/08/2019

      11,285       348  

3.400%, 06/17/2036

      234,056       7,543  

2.875%, 12/17/2028

      250,555       7,938  

2.875%, 06/17/2046

      3,431       98  

2.550%, 06/26/2020

      40,000       1,243  

2.400%, 12/17/2023

      50,000       1,552  

2.125%, 12/17/2026

      203,948       6,120  

1.875%, 06/17/2022

      57,000       1,742  
     

 

 

 

        52,984  
     

 

 

 

Tunisia — 0.3%

     

Banque Centrale de Tunisie International Bond

     

5.750%, 01/30/2025

  $     2,482       2,082  

5.625%, 02/17/2024

  EUR     1,850       1,910  
     

 

 

 

        3,992  
     

 

 

 

Turkey — 5.0%

     

Export Credit Bank of Turkey

     

6.125%, 05/03/2024 (A)

  $     547       500  

5.875%, 04/24/2019 (A)

      200       200  

5.375%, 10/24/2023 (A)

      1,033       939  

5.000%, 09/23/2021 (A)

      538       509  

Export Credit Bank of Turkey MTN

     

5.375%, 02/08/2021 (A)

      896       864  

Republic of Turkey

     

6.875%, 03/17/2036

      1,020       955  

6.000%, 01/14/2041

      3,158       2,661  

5.750%, 03/22/2024

      333       322  

5.125%, 03/25/2022

      573       557  

4.875%, 10/09/2026

      1,327       1,175  

4.250%, 04/14/2026

      338       291  

TC Ziraat Bankasi

     

4.250%, 07/03/2019 (A)

      940       928  

TC Ziraat Bankasi MTN

     

5.125%, 05/03/2022 (A)

      1,063       973  

5.125%, 09/29/2023 (A)

      655       578  

4.750%, 04/29/2021 (A)

      561       529  

Turkey Government Bond

     

16.200%, 06/14/2023

  TRY     10,635       1,933  

12.400%, 03/08/2028

      7,087       1,112  

12.200%, 01/18/2023

      22,055       3,520  

11.000%, 03/02/2022

      34,649       5,458  

11.000%, 02/24/2027

      7,182       1,043  

10.700%, 02/17/2021

      6,560       1,064  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

10.700%, 08/17/2022

  TRY     26,936       $ 4,120  

10.600%, 02/11/2026

      2,970       431  

10.500%, 08/11/2027

      50,795       7,094  

10.400%, 03/20/2024

      2,250       328  

9.500%, 01/12/2022

      13,693       2,069  

9.400%, 07/08/2020

      22,531       3,704  

9.200%, 09/22/2021

      9,387       1,447  

9.000%, 07/24/2024

      9,803       1,336  

8.500%, 09/14/2022

      4,534       658  

7.400%, 02/05/2020

      10,971       1,818  

7.100%, 03/08/2023

      66,544       8,756  

3.000%, 08/02/2023

      9,637       1,804  

Turkey Government International Bond

     

7.250%, 12/23/2023

  $     2,943       3,021  

7.000%, 03/11/2019

      784       786  

6.125%, 10/24/2028

      1,850       1,723  

5.750%, 05/11/2047

      2,850       2,319  

5.200%, 02/16/2026

  EUR     1,502       1,710  

5.125%, 02/17/2028

  $     4,574       4,004  

Turkiye Garanti Bankasi

     

6.125%, VAR USD Swap Semi 30/360 5 Year Curr+4.220%, 05/24/2027 (A)

      1,170       999  

Yapi ve Kredi Bankasi MTN

     

5.850%, 06/21/2024 (A)

      429       371  
     

 

 

 

        74,609  
     

 

 

 

Ukraine — 2.4%

     

Egypt Treasury Bills

     

17.074%, 04/30/2019 (C)

  EGP     28,850       1,512  

Metinvest BV

     

7.750%, 04/23/2023 (A)

  $     607       552  

Ukraine Government International Bond

     

9.750%, 11/01/2028 (A)

      2,091       1,959  

9.750%, 11/01/2028

      442       414  

8.994%, 02/01/2024 (A)

      714       665  

8.994%, 02/01/2024

      256       239  

7.750%, 09/01/2020 (A)

      477       460  

7.750%, 09/01/2022 (A)

      1,123       1,029  

7.750%, 09/01/2023 (A)

      1,438       1,293  

7.750%, 09/01/2025 (A)

      1,796       1,555  

7.750%, 09/01/2026 (A)

      3,595       3,061  

7.750%, 09/01/2026

      5,375       4,577  

7.750%, 09/01/2027 (B)

      3,723       3,143  

7.750%, 09/01/2027 (A)

      4,254       3,592  

7.375%, 09/25/2032

      2,206       1,750  

7.375%, 09/25/2032 (A)

      4,697       3,726  

3.112%, 05/31/2040 (A)(F)

      8,127       4,673  

2.966%, 05/31/2040(F)

      710       408  

Ukreximbank Via Biz Finance

     

9.625%, 04/27/2022 (A)

      1,711       1,674  
     

 

 

 

        36,282  
     

 

 

 

 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

11


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

United Arab Emirates — 0.6%

 

Abu Dhabi Crude Oil Pipeline

     

4.600%, 11/02/2047

  $     1,860       $ 1,816  

4.600%, 11/02/2047 (A)

      2,793       2,727  

3.650%, 11/02/2029 (A)

      1,037       983  

Abu Dhabi Government International Bond

     

3.125%, 10/11/2027

      1,039       992  

Emirate of Dubai Government International Bonds MTN

     

5.250%, 01/30/2043

      1,454       1,445  

MDC-GMTN BV MTN

     

4.500%, 11/07/2028 (A)

      548       561  
     

 

 

 

        8,524  
     

 

 

 

United Kingdom — 0.1%

     

MARB BondCo

     

6.875%, 01/19/2025 (A)

      269       249  

Standard Chartered Bank MTN

     

8.250%, 05/17/2029 (A)

  EUR     10,744,000       764  

Vedanta Resources

     

6.375%, 07/30/2022 (A)

  $     216       193  

6.125%, 08/09/2024 (A)

      301       250  
     

 

 

 

        1,456  
     

 

 

 

Uruguay — 0.6%

     

Republic of Uruguay

     

5.100%, 06/18/2050

      724       710  

4.125%, 11/20/2045

      346       309  

Uruguay Government International Bond

     

4.375%, 10/27/2027

      7,773       7,775  

Uruguay Monetary Regulation Bill

     

10.132%, 02/08/2019 (C)

  UYU     17,100       524  
     

 

 

 

        9,318  
     

 

 

 

Venezuela — 0.7%

     

Petroleos de Venezuela

     

9.750%, 05/17/2035 (G)

  $     1,000       185  
       
Description       

Face Amount

(Thousands)

   

Market Value

    ($ Thousands)

GLOBAL BONDS (continued)

 

9.000%, 11/17/2021 (B)(G)

  $     4,300       $ 791  

6.000%, 05/16/2024 (G)

      8,092       1,194  

6.000%, 05/16/2024 (G)

      7,785       1,148  

6.000%, 11/15/2026 (G)

      12,668       1,869  

5.500%, 04/12/2037 (G)

      1,740       261  

5.375%, 04/12/2027 (G)

      4,563       661  

Republic of Venezuela

     

11.950%, 08/05/2031 (G)

      3,000       705  

9.250%, 09/15/2027 (G)

      2,300       535  

8.250%, 10/13/2024 (G)

      2,160       497  

7.750%, 10/13/2019 (G)

      6,270       1,424  

Venezuela Government International Bond

     

9.250%, 05/07/2028 (G)

      2,941       669  
     

 

 

 

        9,939  
     

 

 

 

Zambia — 0.4%

     

Republic of Zambia

     

8.970%, 07/30/2027

      4,401       3,279  

8.500%, 04/14/2024 (A)

      2,204       1,642  

5.375%, 09/20/2022 (A)

      105       75  

Zambia Government International Bond

     

5.375%, 09/20/2022

      1,495       1,069  
     

 

 

 

        6,065  
     

 

 

 

Total Global Bonds
(Cost $1,567,951) ($ Thousands)

 

    1,447,195  
     

 

 

 

        Shares      

AFFILIATED PARTNERSHIP — 1.6%

 

 

SEI Liquidity Fund, L.P.

     

2.200% **(H)

      23,424,238       23,420  
     

 

 

 

Total Affiliated Partnership
(Cost $23,424) ($ Thousands)

        23,420  
     

 

 

 

Total Investments in Securities — 98.1%
(Cost $1,591,375) ($ Thousands)

 

    $ 1,470,615  
     

 

 

 

 

A list of the open futures contracts held by the Fund at December 31, 2018, is as follows:

 

Type of Contract    Number of
Contracts
Long (Short)
       Expiration
Date
       Notional Amount
(Thousands)
  Value
    (Thousands)
  Unrealized
Appreciation/
    (Depreciation)
(Thousands)

Euro-Bund

     (196)        Mar-2019        $ (36,102     $ (36,642     $ (221

Euro-Buxl 30 Year Bond

     (21)        Mar-2019        (4,267     (4,336     (38

R186 Bond Future

     823        Feb-2019        6,527       6,316       25  

R2032 Bond Future

     490        Feb-2019        3,174       3,163       38  

R2035 Bond Future

     164        Feb-2019        1,044       1,102       46  

R2040 Bond Future

     930        Feb-2019        5,587       5,958       302  

R209 Bond Future

     1,148        Feb-2019        5,806       5,870       48  

U.S. 10-Year Treasury Note

     238        Mar-2019        28,339       29,040       700  

U.S. Ultra Long Treasury Bond

     24        Mar-2019        3,712       3,856       144  
        

 

 

 

 

 

 

 

 

 

 

 

           $ 13,820       $ 14,327       $ 1,044  
        

 

 

 

 

 

 

 

 

 

 

 

 

 

12

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

A list of the open forward foreign currency contracts held by the Fund at December 31, 2018, is as follows:

 

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

Barclays PLC

     03/20/19      IDR      13,633,312      USD      923      $ (15

Citigroup

     01/04/19      USD      1,060      EUR      934        8  

Citigroup

     01/04/19      EUR      4,858      USD      5,544        (9

Citigroup

     01/09/19      TWD      371,326      USD      12,254        149  

Citigroup

     01/14/19      THB      37,285      USD      1,135        (10

Citigroup

     01/15/19      USD      3,136      BRL      12,203        10  

Citigroup

     03/15/19      USD      1,482      BRL      5,700        (18

Citigroup

     01/15/19      BRL      7,045      USD      1,881        65  

Citigroup

     01/15/19      EUR      19,065      PLN      82,511        155  

Citigroup

     01/15/19      PLN      24,769      EUR      5,730        (39

Citigroup

     01/18/19      USD      1,652      COP      5,252,603        (35

Citigroup

     01/18/19      ARS      43,517      USD      1,108        (22

Citigroup

     01/18/19 - 03/20/19      COP      36,183,109      USD      11,339        224  

Citigroup

     01/22/19      USD      4,581      CLP      3,147,978        (41

Citigroup

     01/23/19      USD      7,636      HUF      2,131,810        (27

Citigroup

     01/23/19      HUF      94,994      EUR      292        (5

Citigroup

     01/23/19      HUF      125,807      USD      444        (5

Citigroup

     01/24/19 - 03/20/19      TRY      37,078      USD      6,453        (299

Citigroup

     01/29/19      EUR      1,920      HUF      622,218        22  

Citigroup

     02/04/19 -03/20/19      USD      21,396      THB      699,459        125  

Citigroup

     02/11/19 - 03/20/19      ZAR      5,220      USD      364        3  

Citigroup

     03/01/19 - 03/07/19      EUR      10,670      RON      51,109        283  

Citigroup

     03/01/19 - 03/07/19      RON      33,232      EUR      6,990        (126

Citigroup

     03/06/19      USD      8,485      RUB      572,655        (300

Citigroup

     03/20/19      USD      3,563      PEN      12,042        (6

Citigroup

     03/20/19      USD      4,554      KZT      1,722,106        (131

Citigroup

     03/20/19      PLN      5,000      USD      1,334         

Citigroup

     03/20/19      USD      6,225      ZAR      90,340         

Citigroup

     03/20/19 - 04/03/19      USD      7,915      MXN      159,211        59  

Citigroup

     03/20/19      USD      15,066      CZK      342,214        180  

Citigroup

     03/20/19      CZK      22,689      USD      1,011         

Citigroup

     03/20/19 - 04/03/19      MXN      173,870      USD      8,656        (52

Citigroup

     03/20/19      PHP      406,931      USD      7,597        (129

Citigroup

     03/20/19      INR      574,020      USD      7,859        (329

Citigroup

     10/18/19      USD      511      CNY      3,586        10  

Goldman Sachs

     01/04/19 - 03/20/19      USD      34,386      EUR      30,160        110  

Goldman Sachs

     01/04/19 - 03/20/19      EUR      34,871      USD      39,830        (133

Goldman Sachs

     01/14/19      MYR      2,437      USD      585        (5

Goldman Sachs

     01/15/19      EUR      2,313      PLN      10,018        21  

Goldman Sachs

     01/15/19      USD      12,715      BRL      50,492        303  

Goldman Sachs

     01/15/19      PLN      19,934      EUR      4,635        (4

Goldman Sachs

     03/06/19      BRL      18,214      USD      4,688        10  

Goldman Sachs

     01/15/19      BRL      3,141      USD      779        (30

Goldman Sachs

     01/16/19      USD      3,610      EGP      68,960        227  

Goldman Sachs

     01/16/19      EGP      68,960      USD      3,666        (172

Goldman Sachs

     01/18/19      USD      1,517      COP      4,826,196        (31

Goldman Sachs

     01/18/19      USD      2,625      JPY      296,429        80  

Goldman Sachs

     01/18/19      ARS      89,322      USD      2,271        (49

Goldman Sachs

     01/18/19 - 03/20/19      COP      14,576,726      USD      4,545        61  

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

13


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

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

Goldman Sachs

     01/22/19 - 03/20/19      USD      11,052      CLP      7,576,428      $ (118

Goldman Sachs

     01/23/19 - 01/29/19      HUF      562,350      EUR      1,733        (23

Goldman Sachs

     01/29/19      EUR      5,062      HUF      1,638,379        53  

Goldman Sachs

     01/29/19 - 04/03/19      USD      24,926      MXN      507,756        608  

Goldman Sachs

     01/31/19 - 03/20/19      USD      5,161      KZT      1,917,992        (219

Goldman Sachs

     02/04/19      THB      90,200      USD      2,755        (17

Goldman Sachs

     02/06/19      USD      2,623      AUD      3,617        (76

Goldman Sachs

     02/06/19      AUD      3,617      USD      2,671        124  

Goldman Sachs

     02/11/19 - 10/18/19      USD      5,345      CNY      37,103        49  

Goldman Sachs

     02/11/19 - 03/20/19      USD      15,999      ZAR      222,959        (630

Goldman Sachs

     02/11/19      ZAR      20,084      USD      1,422        32  

Goldman Sachs

     02/19/19      IDR      18,052,779      USD      1,227        (19

Goldman Sachs

     03/06/19      USD      2,511      RUB      168,209        (107

Goldman Sachs

     03/06/19 - 03/20/19      RUB      645,623      USD      9,634        420  

Goldman Sachs

     03/07/19      EUR      650      RON      3,071        7  

Goldman Sachs

     03/11/19 - 03/20/19      USD      5,242      TRY      31,017        380  

Goldman Sachs

     03/11/19      TRY      36,401      USD      6,450        (160

Goldman Sachs

     03/20/19      USD      558      CZK      12,610        4  

Goldman Sachs

     03/20/19      USD      6,907      IDR      99,886,450        (39

Goldman Sachs

     03/20/19      USD      7,948      KRW      8,830,200        (1

Goldman Sachs

     03/20/19      USD      10,250      RON      42,240        113  

Goldman Sachs

     03/20/19      PLN      20,050      USD      5,327        (22

Goldman Sachs

     03/20/19 - 04/03/19      MXN      228,669      USD      11,329        (125

Goldman Sachs

     03/20/19      PHP      368,438      USD      6,946        (48

Goldman Sachs

     08/21/19 - 11/20/19      NGN      1,019,033      USD      2,590        (62

JPMorgan Chase Bank

     01/04/19      USD      1,571      EUR      1,384        12  

JPMorgan Chase Bank

     03/05/19      EUR      18,620      USD      21,408        17  

JPMorgan Chase Bank

     01/04/19      EUR      11,444      USD      13,052        (31

JPMorgan Chase Bank

     01/09/19      USD      12,113      TWD      371,326        (8

JPMorgan Chase Bank

     01/11/19      USD      2,922      EUR      2,553        (1

JPMorgan Chase Bank

     01/11/19      EUR      40,698      USD      46,682        126  

JPMorgan Chase Bank

     01/14/19 - 02/11/19      USD      5,125      THB      168,698        59  

JPMorgan Chase Bank

     01/14/19 - 02/04/19      THB      97,576      USD      2,980        (18

JPMorgan Chase Bank

     01/15/19      USD      3,921      BRL      14,629        (149

JPMorgan Chase Bank

     01/15/19      EUR      4,577      PLN      19,711        11  

JPMorgan Chase Bank

     01/15/19      BRL      14,090      USD      3,766        133  

JPMorgan Chase Bank

     01/15/19 - 02/07/19      PLN      76,442      EUR      17,726        (51

JPMorgan Chase Bank

     01/18/19      USD      901      CLP      610,291        (21

JPMorgan Chase Bank

     01/18/19      USD      1,746      COP      5,516,865        (47

JPMorgan Chase Bank

     01/18/19      USD      2,303      PHP      122,174        22  

JPMorgan Chase Bank

     01/18/19      USD      4,182      IDR      61,397,854        76  

JPMorgan Chase Bank

     01/18/19 - 02/20/19      USD      4,946      ARS      197,836        90  

JPMorgan Chase Bank

     01/18/19      PEN      15,488      USD      4,587        4  

JPMorgan Chase Bank

     01/18/19      THB      87,059      USD      2,654        (21

JPMorgan Chase Bank

     01/18/19 - 03/06/19      BRL      106,641      USD      27,190        (250

JPMorgan Chase Bank

     01/18/19      RUB      175,446      USD      2,629        106  

JPMorgan Chase Bank

     01/18/19      COP      18,461,483      USD      5,794        109  

JPMorgan Chase Bank

     01/22/19 - 04/03/19      MXN      351,191      USD      17,467        (187

JPMorgan Chase Bank

     01/31/19      IDR      13,370,393      USD      928        3  

JPMorgan Chase Bank

     02/01/19      USD      1,126      TRY      6,473        71  

 

 

14

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

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

JPMorgan Chase Bank

     02/01/19      USD      1,903      ZAR      28,073      $ 43  

JPMorgan Chase Bank

     02/01/19      USD      3,635      HUF      1,030,728        48  

JPMorgan Chase Bank

     02/01/19      TRY      8,524      USD      1,513        (64

JPMorgan Chase Bank

     02/01/19      USD      9,025      RON      37,074        77  

JPMorgan Chase Bank

     02/01/19      USD      10,255      PLN      38,926        115  

JPMorgan Chase Bank

     02/11/19      ZAR      4,003      USD      290        14  

JPMorgan Chase Bank

     02/01/19      ZAR      9,798      USD      670        (8

JPMorgan Chase Bank

     02/01/19 - 03/20/19      USD      8,364      MXN      171,514        267  

JPMorgan Chase Bank

     04/03/19      USD      9,245      MXN      181,546        (155

JPMorgan Chase Bank

     02/01/19      HUF      1,076,638      USD      3,821        (25

JPMorgan Chase Bank

     02/06/19      AUD      3,653      USD      2,597        24  

JPMorgan Chase Bank

     02/07/19      USD      98      KRW      110,100        1  

JPMorgan Chase Bank

     02/11/19 - 10/18/19      CNY      40,706      USD      5,837        (81

JPMorgan Chase Bank

     02/19/19      USD      317      IDR      4,603,649        1  

JPMorgan Chase Bank

     03/05/19      USD      4,490      PEN      15,238        13  

JPMorgan Chase Bank

     03/05/19      PEN      4,592      USD      1,360        3  

JPMorgan Chase Bank

     03/07/19      RON      38,987      EUR      8,251        (85

JPMorgan Chase Bank

     03/20/19      USD      9,802      CNY      67,049        (51

JPMorgan Chase Bank

     03/20/19      TWD      590,360      USD      19,380        (90

JPMorgan Chase Bank

     03/22/19      EUR      3,960      CZK      102,689        19  

JPMorgan Chase Bank

     10/19/20      USD      208      UYU      7,800        16  

Merrill Lynch

     03/20/19      USD      12,192      PLN      46,293        158  

Merrill Lynch

     03/20/19      ILS      27,388      USD      7,314        (62

Merrill Lynch

     03/20/19      ZAR      31,541      USD      2,209        36  

Merrill Lynch

     03/20/19      MXN      34,857      USD      1,752        3  

Standard Bank

     01/04/19      EUR      230      USD      261        (1

Standard Bank

     01/16/19 - 03/20/19      GHS      16,300      USD      3,236        (80

Standard Bank

     01/18/19      USD      5,400      COP      17,210,326        (100

Standard Bank

     01/23/19      USD      2,906      MYR      12,125        31  

Standard Bank

     01/23/19 - 03/04/19      MYR      56,724      USD      13,559        (183

Standard Bank

     02/19/19      USD      182      IDR      2,663,900        2  

Standard Bank

     02/19/19 - 03/20/19      IDR      67,991,339      USD      4,603        (73

Standard Bank

     03/15/19      BRL      2,950      USD      765        8  

Standard Bank

     03/20/19      PHP      3,653      USD      68        (1

Standard Bank

     03/20/19      USD      8,083      INR      574,020        106  

Standard Bank

     08/21/19 - 11/20/19      NGN      2,032,073      USD      5,224        (63

State Street

     01/15/19      EUR      2,321      PLN      10,018        12  

State Street

     01/15/19      PLN      2,422      EUR      561        (3

State Street

     03/05/19      USD      2,599      EUR      2,268        6  

State Street

     04/03/19      USD      3,052      MXN      63,544        130  

State Street

     04/03/19      MXN      29,392      USD      1,409        (63
                 

 

 

 

                     $ 207  
                 

 

 

 

A list of open OTC swap agreements held by the Fund at December 31, 2018, are as follows:

 

Interest Rate Swaps  
Counterparty   Fund Pays   Fund Receives   Payment
Frequency
 

Termination

Date

  Currency  

Notional

Amount

(Thousands)

   

Value

(Thousands)

   

Upfront

Payments

(Thousands)

    Net Unrealized
Appreciation
(Depreciation)
(Thousands)
 

JPMorgan Chase

  0.845%   6-MONTH HUF - BUBOR   Semi-Annually   10/10/2019   HUF     3,000,000     $ (56   $     $ (56

Goldman Sachs

  1-DAY BRL - CETIP   8.22%   Annually   01/02/2020   BRL     4,194       37             37  

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

15


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

Counterparty   Fund Pays   Fund Receives   Payment
Frequency
 

Termination

Date

  Currency  

Notional

Amount

(Thousands)

   

Value

(Thousands)

   

Upfront

Payments

(Thousands)

    Net Unrealized
Appreciation
(Depreciation)
(Thousands)
 

JPMorgan Chase

  1-DAY BRL - CETIP   11.46%   Annually   01/02/2020   BRL     3,649     $ 53     $     $ 53  

JPMorgan Chase

  1-DAY BRL - CETIP   12.130%   Annually   01/02/2020   BRL     3,480       56             56  

JPMorgan Chase

  1-DAY BRL - CETIP   12.130%   Annually   01/02/2020   BRL     5,738       92             92  

Goldman Sachs

  3-MONTH MOSCOW PRIME OFFERED RATE - RUB   6.78%   Annually   02/22/2020   RUB     1,080,956       (416           (416

Goldman Sachs

  0.585%   6-MONTH CZK - PRIBOR   Semi-Annually   03/13/2020   CZK     25,000       14             14  

Goldman Sachs

  3-MONTH MOSCOW PRIME OFFERED RATE - RUB   6.53%   Annually   03/27/2020   RUB     1,400,000       (599           (599

JPMorgan Chase

  0.6925%   6-MONTH HUF - BUBOR   Semi-Annually   04/20/2020   HUF     1,750,000       (35           (35

JPMorgan Chase

  1-DAY COP - COLUMBIA IBR OVERNIGHT INTERBANK   5.43%   Annually   07/17/2020   COP     13,194,199       29             29  

Goldman Sachs

  0.565%   3-MONTH TELBOR   Quarterly   11/26/2020   ILS     50,000       33             33  

Citibank

  0.72%   3-MONTH TELBOR   Quarterly   12/12/2020   ILS     49,712       2             2  

Goldman Sachs

  1-DAY BRL - CETIP   12.725%   Annually   01/04/2021   BRL     10,608       428             428  

JPMorgan Chase

  1-DAY BRL - CETIP   9.11%   Annually   01/04/2021   BRL     3,303       22             22  

JPMorgan Chase

  1-DAY BRL - CETIP   9.61%   Annually   01/04/2021   BRL     4,626       56             56  

JPMorgan Chase

  1-DAY BRL - CETIP   10.89%   Annually   01/04/2021   BRL     170       3             3  

JPMorgan Chase

  1-DAY BRL - CETIP   10.04%   Annually   01/04/2021   BRL     3,557       52             52  

JPMorgan Chase

  1-DAY BRL - CETIP   9.275%   Annually   01/04/2021   BRL     5,815       59             59  

JPMorgan Chase

  1-DAY BRL - CETIP   8.87%   Annually   01/04/2021   BRL     8,089       64             64  

JPMorgan Chase

  1-DAY BRL - CETIP   9.18%   Annually   01/04/2021   BRL     3,419       32             32  

Goldman Sachs

  28-DAY MXN - TIIE   5.37%   Monthly   03/17/2021   MXN     46,500       (175           (175

JPMorgan Chase

  1.3775%   6-MONTH HUF - BUBOR   Semi-Annually   06/17/2021   HUF     654,998       (37           (37

Goldman Sachs

  6-MONTH PLN - WIBOR   2.208%   Annually   11/16/2021   PLN     6,842       18             18  

Citibank

  6-MONTH PLN - WIBOR   2.431%   Annually   12/14/2021   PLN     11,000       48             48  

Goldman Sachs

  6-MONTH HUF - BUBOR   1.265%   Semi-Annually   01/10/2022   HUF     1,537,322       (82           (82

Goldman Sachs

  0.8725%   6-MONTH CZK - PRIBOR   Semi-Annually   03/09/2022   CZK     25,000       28             28  

JPMorgan Chase

  1-DAY CLP - SINACOFI CHILE INTERBANK RATE AVG   3.430%   Semi-Annually   05/10/2022   CLP     420,527       1             1  

JPMorgan Chase

  0.955%   6-MONTH CZK - PRIBOR   Semi-Annually   05/17/2022   CZK     28,773       33             33  

JPMorgan Chase

  1-DAY CLP - SINACOFI CHILE INTERBANK RATE AVG   3.410%   Semi-Annually   07/11/2022   CLP     900,000                   0  

Citibank

  1.165%   6-MONTH CZK - PRIBOR   Semi-Annually   09/08/2022   CZK     43,406       43             43  

Goldman Sachs

  28-DAY MXN - TIIE   5.900%   Monthly   09/12/2022   MXN     75,956       (358           (358

JPMorgan Chase

  1-DAY COP - COLUMBIA IBR OVERNIGHT INTERBANK   5.30%   Quarterly   09/19/2022   COP     9,500,000       28             28  

Goldman Sachs

  6-MONTH HUF - BUBOR   0.8385%   Annually   09/21/2022   HUF     1,390,000       (79           (79

Goldman Sachs

  3-MONTH COP - IBRCOL   5.23%   Quarterly   11/28/2022   COP     2,149,850       6             6  

Goldman Sachs

  1-DAY BRL - CETIP   11.985%   Annually   01/02/2023   BRL     3,000       151             151  

Goldman Sachs

  1-DAY BRL - CETIP   10.04%   Annually   01/03/2023   BRL     5,012       176             176  

Goldman Sachs

  1-DAY COP - COLUMBIA IBR OVERNIGHT INTERBANK   5.595%   Quarterly   07/06/2023   COP     3,186,193       17             17  

Goldman Sachs

  3-MONTH TELBOR   1.335%   Annually   11/26/2023   ILS     20,500       (57           (57

Citibank

  3-MONTH TELBOR   1.402%   Annually   12/23/2023   ILS     20,477       55             55  

Goldman Sachs

  28-DAY MXN - TIIE   6.355%   Monthly   05/21/2025   MXN     23,145       (141           (141

Goldman Sachs

  28-DAY MXN - TIIE   6.205%   Monthly   12/08/2025   MXN     16,624       (116           (116

Goldman Sachs

  28-DAY MXN - TIIE   6.165%   Monthly   03/05/2026   MXN     47,200       (343           (343

JPMorgan Chase

  28-DAY MXN - TIIE   6.13%   Monthly   06/18/2026   MXN     40,000       (305           (305

Goldman Sachs

  28-DAY MXN - TIIE   6.381%   Monthly   09/16/2026   MXN     26,000       (184           (184

JPMorgan Chase

  1-DAY CLP - SINACOFI CHILE INTERBANK RATE AVG   3.45%   Semi-Annually   06/02/2027   CLP     937,139       19             19  

Goldman Sachs

  8.024%   3-MONTH ZAR - JIBAR   Quarterly   05/18/2028   ZAR     51,000       85             85  

 

 

16

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

Counterparty   Fund Pays   Fund Receives   Payment
Frequency
 

Termination

Date

  Currency  

Notional

Amount

(Thousands)

   

Value

(Thousands)

 

Upfront

Payments

(Thousands)

  Net Unrealized
Appreciation
(Depreciation)
(Thousands)

Citibank

  1-DAY CLP - SINACOFI CHILE INTERBANK RATE AVG   4.21%   Semi-Annually   12/07/2028   CLP     260,000      $ 8      $      $ 8  
             

 

 

 

 

 

 

 

 

 

 

 

               $ (1,235    $      $ (1,235
             

 

 

 

 

 

 

 

 

 

 

 

 

 
Cross Currency Swaps  
Counterparty    Fund Pays    Fund
Receives
  Payment
Frequency
   Termination
Date
   Currency   

Notional
Amount

(Thousands)

  

Value 

(Thousands) 

 

Upfront
Payment

(Thousands)

  

Net Unrealized

Appreciation

(Depreciation)

(Thousands)

JPMorgan Chase

   M USD LIBOR    9.52%   Annually    03/11/2020    USD    78,803      $ 1,264       $        $ 1,264  

JPMorgan Chase

   3-MONTH
USD - LIBOR
   2.94%   Quarterly    03/11/2024    TRY    4,437      (1,185            (1,185
                   

 

 

 

 

 

 

 

  

 

 

 

                      79              79  
                   

 

 

 

 

 

 

 

  

 

 

 

 

 
Credit Default Swaps  
Counterparty    Reference Entity/Obligation      Buy/Sell
Protection
     (Pays)/
Receives Rate
    Payment Frequency      Termination Date     

Notional
Amount

(Thousands)

   

Value

(Thousands)

 

Upfront
Payments/
Receipts

(Thousands)

 

Net Unrealized

Appreciation

(Depreciation)

(Thousands)

JPMorgan Chase

     Argentina        Sell        5.00%       Quarterly        06/20/2023        $(1,895)      $ (191    $ 139      $ (330

Credit Suisse

     Ecuador        Sell        5.00%       Quarterly        12/20/2019        (2,100)       2       (33     35  
                  

 

 

 

 

 

 

 

 

 

 

 

                    $ (189    $ 106      $ (295
                  

 

 

 

 

 

 

 

 

 

 

 

A list of open centrally cleared swap agreements held by the Fund at December 31, 2018, are as follows:

 

Interest Rate Swaps  
Fund Pays    Fund Receives    

Payment

Frequency

    

Termination

Date

     Currency     

Notional

Amount

(Thousands)

    

Value

(Thousands)

 

Upfront

Payments/

Receipts

(Thousands)

   Net Unrealized
Appreciation
(Depreciation)
(Thousands)

7.45%

     1-DAY BRL - CETIP       Annually        01/02/2020        BRL        67,046            $ (141         $            $ (141

2.439%

     3-MONTH HUF - BUBOR       Semi-Annually        06/08/2028        HUF        220,205        (19            (19

2.379%

     3-MONTH HUF - BUBOR       Semi-Annually        06/07/2028        HUF        279,795        (19            (19

1.94%

     6-MONTH CZK - PRIBOR       Semi-Annually        02/26/2028        CZK        14,000        (11            (11

1.70%

     6-MONTH HUF - BUBOR       Semi-Annually        01/22/2028        HUF        455,025        58              58

28-DAY MXN - TIIE

     7.51%       Monthly        04/20/2027        MXP        8,110        (31            (31

28-DAY MXN - TIIE

     7.915%       Monthly        01/22/2027        MXP        41,115        (101            (101

28-DAY MXN - TIIE

     7.72%       Monthly        12/03/2026        MXN        8,000        (24            (24

28-DAY MXN - TIIE

     7.815%       Monthly        02/20/2025        MXP        25,000        (50            (51 )

1-DAY BRL - CETIP

     12.34%       Annually        01/02/2025        BRL        5,215        147              147  

2.2575%

     6M PRIBOR CZK       Semi-Annually        12/20/2023        CZK        11,479        (11            (11

2.70%

     3-MONTH HUF - BUBOR       Semi-Annually        06/13/2028        HUF        453,115        (76            (75

2.425%

     6M CKZ PRIBOR       Semi-Annually        12/04/2023        CZK        20,000        (26            (26

2.425%

     6M CZK PRIBOR       Semi-Annually        10/03/2023        CZK        15,000        (19            (19

1.73%

     6-MONTH CZK - PRIBOR       Semi-Annually        03/26/2023        CZK        19,260        4              4  

1-DAY BRL - CETIP

     9.255%       Annually        01/02/2023        BRL        2,368        14              14  

1-DAY BRL - CETIP

     11.475%       Annually        01/02/2023        BRL        3,524        73              73  

28-DAY MXN - TIIE

     6.71%       Monthly        07/07/2022        MXP        130,137        (380            (380

28-DAY MXN - TIIE

     6.745%       Monthly        06/23/2022        MXP        26,758        (76            (76

28-DAY MXN - TIIE

     7.575%       Monthly        01/28/2022        MXP        67,966        (95            (95

1-DAY BRL - CETIP

     9.46%       Annually        01/03/2022        BRL        13,267        112              112  

6-MONTH PZL - WIBOR

     2.263%       Annually        11/12/2021        PLN        7,000        20              20  

7.8875%

     1-DAY BRL - CETIP       Annually        01/04/2021        BRL        12,602        30              30  

2.05%

     6M BUBOR       Semi-Annually        11/23/2023        HUF        800,000        70              70  

6M HUF BUBOR

     4.45%       Annually        10/12/2028        HUF        2,300,000        560              560  
                

 

 

 

 

 

 

 

  

 

 

 

                       $ 9           $            $ 9  
                

 

 

 

 

 

 

 

  

 

 

 

Percentages are based on Net Assets of $1,498,851 ($ Thousands).

**

Rate shown is the 7-day effective yield as of December 31, 2018.

 

Investment in Affiliated Security.

(A)

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2018, the value of these securities amounted to $210,835 ($ Thousands), representing 14.1% of the Net Assets of the Fund.

 

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

17


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

(B)

Certain securities or partial positions of certain securities are on loan at December 31, 2018. The total market value of securities on loan at December 31, 2018 was $29,528 ($ Thousands).

 

(C)

Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

 

(D)

Step Bonds – Represents the current rate, the step rate, the step date and the final maturity date.

 

(E)

Level 3 security in accordance with fair value hierarchy.

 

(F)

Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

 

(G)

Security is in default on interest payment.

 

(H)

This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2018 was $23,420 ($ Thousands).

ARS — Argentine Peso

AUD — Australian Dollar

BADLAR — Buenos Aires Deposits of Large Amount Rate

BRL — Brazilian Real

BUBOR — Budapest Interbank Offered Rate

CETIP — Central of Custody and Financial Settlement of Securities

Cl — Class

CLP — Chilean Peso

CNY — Chinese Yuan Onshore

COP — Colombian Peso

CZK — Czech Koruna

DOP — Dominican Peso

EGP — Egyptian Pound

EUR — Euro

HUF — Hungarian Forint

ICE — Intercontinental Exchange

IDR — Indonesian Rupiah

INR — Indian Rupee

ILS — Israeli New Sheckels

JIBAR — Johannesburg Interbank Agreed Rate

JPY — Japanese Yen

JSC — Joint-Stock Company

KRW — Korean Won

KZT — Kazakhstani Tenge

LIBOR — London Interbank Offered Rate

LKR — Sri Lankan Rupee

MTN — Medium Term Note

MXN — Mexican Peso

MYR — Malaysian Ringgit

NGN — Nigerian Naira

PEN — Peruvian Nuevo Sol

PHP — Philippine Peso

PLN — Polish Zloty

PRIBOR — Prague Interbank Offered Rate

RON — Romanian Leu

RUB — Russian Ruble

THB — Thai Bhat

TIIE — Interbank Equilibrium Interest Rate

TRY — Turkish Lira

TWD — Taiwan Dollar

USD — United States Dollar

UYU — Uruguayan Peso

WIBOR — Warsaw Interbank Offered Rate

VAR — Variable Rate

ZAR — South African Rand

The following is a list of the level of inputs used as of December 31, 2018, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

 

         
Investments in Securities   Level 1     Level 2     Level 3^     Total    

Global Bonds

   $      $ 1,443,614      $ 3,581      $ 1,447,195  

Affiliated Partnership

          23,420             23,420  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Investments in Securities

   $      $  1,467,034      $  3,581      $  1,470,615  
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

       
Other Financial Instruments   Level 1   Level 2   Level 3   Total    

Futures Contracts*

       

Unrealized Appreciation

   $  1,303      $      $      $ 1,303  

Unrealized Depreciation

    (259                 (259

Forwards Contracts*

       

Unrealized Appreciation

          5,872             5,872  

Unrealized Depreciation

          (5,665           (5,665

OTC Swaps

       

Credit Default Swaps*

       

Unrealized Appreciation

          35             35  

Unrealized Depreciation

          (330           (330

Cross Currency Swaps*

       

Unrealized Appreciation

          1,264             1,264  

Unrealized Depreciation

          (1,185           (1,185

Interest Rate Swaps*

       

Unrealized Appreciation

          1,748             1,748  

Unrealized Depreciation

          (2,983           (2,983

Centrally Cleared Swaps

       

Interest Rate Swaps*

       

Unrealized Appreciation

          1,088             1,088  

Unrealized Depreciation

          (1,079           (1,079
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Other Financial Instruments

   $ 1,044      $ (1,235    $      $ (191
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

^ A reconciliation of Level 3 investments is presented when the Fund has significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

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

For the period ended December 31, 2018, there were no transfers between Level 1 and Level 2 assets and liabilities.

For the period ended December 31, 2018, 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.

The following is a summary of the transactions with affiliates for the period ended December 31, 2018 ($ Thousands):

 

Security Description    Value 9/30/2018    Purchases at
Cost
   Proceeds
from Sales
   Realized Gain
(Loss)
   Change in Unrealized
Appreciation (Depreciation)
   Value
12/31/2018
   Income

SEI Liquidity Fund, L.P.

   $30,585    $35,734    $(42,899)      $ —        $ —        $ 23,420        $ 16  

 

 

18

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018


SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2018

Emerging Markets Debt Fund (Continued)

    

 

As of December 31, 2018, the Emerging Markets Debt Fund is the seller (“providing protection”) on a total notional amount of $4.0 million. The notional amounts of the swaps are not recorded in the financial statements. The notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund were the seller of protection and a credit event was to occur. Those credit default swaps (“CDS”) for which the Fund is providing protection at the balance sheet date are summarized as follows:

 

WRITTEN CREDIT DERIVATIVE CONTRACTS    SINGLE NAME CREDIT DEFAULT SWAPS      CREDIT DEFAULT SWAP INDEX  
REFERENCE ASSET   

Corporate

Debt

    

Sovereign

Debt

             Asset Backed
Securities
             Corporate
Debt
                     Total  

Fair value of written credit derivatives

     $-        $(189,016)        $-        $-        $(189,016)  

Maximum potential amount of future payments

     -        3,994,629        -        -        3,994,629  

Recourse provisions with third parties to recover any amounts paid under the credit derivative (including any purchased credit protection)[1]

     -        -        -        -        -  

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

     -        -        -        -        -  

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

 

MAXIMUM POTENTIAL AMOUNT OF FUTURE PAYMENTS BY CONTRACT TERM  
      0-6 MONTHS      6-12 MONTHS      1-5 YEARS      5-10 YEARS      > 10 YEARS      Total  

Current credit spread* on underlying (in basis points)[1]

                 

0-400

     $-        $-        $-        $-        $-        $-  

> than 400

     2,100,000        -        1,894,629        -        -        3,994,629  

Total

     $2,100,000        $-        $1,894,629        $-        $-        $3,994,629  

[1] If Management uses credit ratings to evaluate the credit risk of an underlying asset, it may use such ratings in its disclosure by replacing credit spreads by credit ratings.

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

 

 

SEI Institutional International Trust / Quarterly Report / December 31, 2018

 

 

19


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, as amended (the “1940 Act”), are effective based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)) as amended as of a date within 90 days of the filing date of the report.

(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 last fiscal quarter of the period covered by this report that have materially affected, or are 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 & CEO
Date: March 1, 2019      

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 & CEO
     
Date: March 1, 2019      
By      

/s/ James J. Hoffmayer

      James J. Hoffmayer, Controller & CFO
Date: March 1, 2019