# EDGAR Filing Document

**Accession Number:** 0000939934
**File Stem:** 0001398344-25-014811
**Filing Date:** 2025-8
**Character Count:** 3000185
**Document Hash:** b1b0a508e4ba01f7be06acb158a23f76
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-014811.hdr.sgml**: 20250808

**ACCESSION NUMBER**: 0001398344-25-014811

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 72

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250808

**DATE AS OF CHANGE**: 20250808

**EFFECTIVENESS DATE**: 20250808

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEI INSTITUTIONAL INVESTMENTS TRUST
- **CENTRAL INDEX KEY:** 0000939934

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07257
- **FILM NUMBER:** 251197350

**BUSINESS ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAK
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** 610 676-3097

**MAIL ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAK
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### SIIT LONG DURATION FUND (Series ID: S000006762)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000018351 | SIIT LONG DURATION FUND - CLASS A | LDRAX           |

### SIIT HIGH YIELD BOND FUND (Series ID: S000006763)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000018352 | SIIT HIGH YIELD BOND FUND - CLASS A | SGYAX           |

### SIIT EMERGING MARKETS DEBT FUND (Series ID: S000006764)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000018353 | SIIT EMERGING MARKETS DEBT FUND - CLASS A | SEDAX           |

### SIIT WORLD EQUITY EX-US FUND (Series ID: S000006765)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000018354 | SIIT WORLD EQUITY EX-US FUND - CLASS A | WEUSX           |

### SIIT CORE FIXED INCOME (Series ID: S000006766)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000018355 | SIIT CORE FIXED INCOME - CLASS A | SCOAX           |

### SIIT LARGE CAP FUND (Series ID: S000006767)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000018356 | SIIT LARGE CAP FUND - CLASS A | SLCAX           |

### SIIT LARGE CAP INDEX FUND (Series ID: S000006768)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000018357 | SIIT LARGE CAP INDEX FUND - CLASS A | LCIAX           |

### SIIT LARGE CAP DISCIPLINED EQUITY FUND (Series ID: S000006769)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000018358 | SIIT LARGE CAP DISCIPLINED EQUITY FUND - CLASS A | SCPAX           |

### SIIT SMALL MID CAP EQUITY FUND (Series ID: S000006770)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000018359 | SIIT SMALL MID CAP EQUITY FUND - CLASS A | SSMAX           |

### SIIT SMALL CAP FUND (Series ID: S000006772)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000018361 | SIIT SMALL CAP FUND - CLASS A | SLPAX           |

### SIIT EMERGING MARKETS EQUITY FUND (Series ID: S000010881)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000030145 | SIIT EMERGING MARKETS EQUITY FUND - CLASS A | SMQFX           |

### SIIT U.S. Managed Volatility Fund (Series ID: S000013605)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000036888 | SIIT U.S. Managed Volatility Fund - Class A | SVYAX           |

### SIIT Real Return Fund (Series ID: S000013606)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000036889 | SIIT Real Return Fund - Class A | RRPAX           |

### SIIT Opportunistic Income Fund (Series ID: S000014581)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000039813 | SIIT Opportunistic Income Fund - Class A | ENIAX           |

### SIIT Screened World Equity Ex-US Fund (Series ID: S000019597)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000054521 | SIIT Screened World Equity Ex-US Fund - Class A | SSEAX           |

### SIIT Dynamic Asset Allocation Fund (Series ID: S000027147)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000081914 | SIIT Dynamic Asset Allocation Fund - Class A | SDLAX           |

### SIIT Ultra Short Duration Bond Fund (Series ID: S000031047)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000096276 | SIIT Ultra Short Duration Bond Fund - Class A | SUSAX           |

### SIIT Multi-Asset Real Return Fund (Series ID: S000033123)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000102014 | SIIT Multi-Asset Real Return Fund - Class A | SEIAX           |

### SIIT Extended Market Index Fund (Series ID: S000035814)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000109763 | SIIT Extended Market Index Fund - Class A | SMXAX           |

### SIIT Small Cap II Fund (Series ID: S000036633)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000111997 | SIIT Small Cap II Fund - Class A | SECAX           |

### SIIT Long Duration Credit Fund (Series ID: S000036875)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000112815 | SIIT Long Duration Credit Fund - Class A | SLDAX           |

### SIIT S&P 500 Index Fund (Series ID: S000043383)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000134335 | SIIT S&P 500 Index Fund - Class A | SPINX           |

### SIIT Limited Duration Bond Fund (Series ID: S000046099)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000144225 | SIIT Limited Duration Bond Fund - Class A | SLDBX           |

### SIIT Intermediate Duration Credit Fund (Series ID: S000047944)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000150792 | SIIT Intermediate Duration Credit Fund - Class A | SIDCX           |

### SIIT Global Managed Volatility Fund (Series ID: S000050969)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000160603 | SIIT Global Managed Volatility Fund - Class A | SGMAX           |

### SIIT U.S. Equity Factor Allocation Fund (Series ID: S000061159)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000198133 | SIIT U.S. Equity Factor Allocation Fund - Class A | SEHAX           |

?xml version='1.0' encoding='ASCII'? Consolidated ssr-output-EDGAR XBRL File

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM N-CSR**

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT**

**INVESTMENT COMPANIES**

**Investment Company Act file number 811-07257**

**SEI Institutional Investments Trust**

**(Exact name of registrant as specified in charter)**

**SEI Investments**

**One Freedom Valley Drive**

**Oaks, PA 19456**

**(Address of principal executive offices)**

**Timothy D. Barto, Esq.**

**SEI Investments**

**One Freedom Valley Drive**

**Oaks, PA 19456**

**(Name and address of agent for service)**

**Registrant's telephone number, including area code: 1-610-676-1000**

**Date of fiscal year end: May 31, 2025**

**Date of reporting period: May 31, 2025**

**Item 1. Reports to Stockholders.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) A copy of the report transmitted to stockholders pursuant to Rule 30e-1 under the Investment Company Act of
 1940, as amended (the "Act") (17 CFR § 270.30e-1), is attached hereto.

**# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Large Cap Fund

## SEI Institutional Investments Trust/Class A Shares - SLCAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Large Cap Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI. This annual shareholder report describes changes to the Fund that occurred during the reporting period.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Large Cap Fund, Class A Shares | $19 | 0.18% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](ie42d4423a1c64e9e423d18f1.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Large Cap Fund, Class A Shares - $271490 | S&P 500 Index (TR) - $335352 | Russell 1000 Index (USD) - $327027 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $97587 | $101716 | $100776 |
| May/17 | $110705 | $119484 | $118388 |
| May/18 | $127315 | $136671 | $135668 |
| May/19 | $129214 | $141841 | $140371 |
| May/20 | $136682 | $160050 | $157970 |
| May/21 | $195993 | $224579 | $225363 |
| May/22 | $192146 | $223907 | $219261 |
| May/23 | $190733 | $230448 | $224627 |
| May/24 | $240418 | $295404 | $287539 |
| May/25 | $271490 | $335352 | $327027 |

---

## How did the Fund perform in the last year?
The Fund underperformed its benchmark, the Russell 1000 Index (USD)—which tracks the performance of 1000 of the largest U.S. equity securities based on market capitalization—for the 12-month period ending May 31, 2025. Fund performance was hampered by its value tilt and preference for companies with consistent free cash flow. This resulted in underweight allocations to several strong-performing stocks within the consumer discretionary sector, particularly within the automobile industry. The Fund's gains were concentrated in the financials and communication services sectors.

Among Fund managers, Cullen Capital Management LLC's performance lagged the Russell 1000 Index (USD) due to its value style, its dividend orientation, and its underweight allocation to the consumer discretionary sector. LSV Asset Management underperformed due to its value orientation and underweight allocations to growth stocks including those in the information technology and consumer discretionary sectors. Copeland Capital Management, LLC lagged due to its dividend orientation, an underweight to communication services, and security selection within the consumer discretionary sector. Acadian Asset Management LLC's outperformance was attributable to its momentum orientation, an underweight to the healthcare sector, and favorable security selection within healthcare and communication services. Fred Alger Management, LLC benefited from its momentum orientation and favorable security selection within the information technology sector. During the portion of the year in which Mar Vista Investment Partners, LLC ("Mar Vista") was a Fund sub-adviser, its performance lagged the benchmark due to the lack of exposure to the automobile industry and security selection within the information technology and industrials sectors. During the portion of the year in which PineStone Asset Management, Inc. ("PineStone") was a Fund manager, its performance was in line with the benchmark as its favorable security selection within the financials and consumer discretionary sectors was offset by negative security selection within healthcare.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Large Cap Fund, Class A Shares | 12.92% | 14.71% | 10.50% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 12.86% |
| Russell 1000 Index (USD) | 13.73% | 15.66% | 12.58% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $803516 | 391 | $1320 | 85% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i505520fe6fba887c9bd14b93.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.1% |
| Real Estate | 1.8% |
| Utilities | 2.1% |
| Cash Equivalent | 2.1% |
| Energy | 2.9% |
| Materials | 2.9% |
| Consumer Staples | 5.7% |
| Communication Services | 9.1% |
| Health Care | 9.7% |
| Industrials | 10.6% |
| Consumer Discretionary | 11.2% |
| Financials | 18.6% |
| Information Technology | 23.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Microsoft Corp | 5.2% |
| NVIDIA Corp | 2.8% |
| Broadcom Inc | 2.1% |
| Meta Platforms Inc, Cl A | 2.0% |
| Apple Inc | 1.9% |
| Amazon.com Inc | 1.9% |
| Alphabet Inc, Cl A | 1.7% |
| Visa Inc, Cl A | 1.4% |
| Johnson & Johnson | 1.3% |
| JPMorgan Chase & Co | 1.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
PineStone replaced Mar Vista as a Fund sub-adviser in January 2025.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Large Cap Fund

## SEI Institutional Investments Trust/Class A Shares - SLCAX

## Annual Shareholder Report: May 31, 2025

## SLCAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Large Cap Disciplined Equity Fund

## SEI Institutional Investments Trust/Class A Shares - SCPAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Large Cap Disciplined Equity Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI. This annual shareholder report describes changes to the Fund that occurred during the reporting period.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Large Cap Disciplined Equity Fund, Class A Shares | $19 | 0.18% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](ibf03837246b8af6b1ed36931.jpg)

---

| | | |
|:---|:---|:---|
| | Large Cap Disciplined Equity Fund, Class A Shares - $300356 | S&P 500 Index (TR) - $335352 |
| May/15 | $100000 | $100000 |
| May/16 | $101340 | $101716 |
| May/17 | $117785 | $119484 |
| May/18 | $132424 | $136671 |
| May/19 | $132236 | $141841 |
| May/20 | $141792 | $160050 |
| May/21 | $201344 | $224579 |
| May/22 | $202120 | $223907 |
| May/23 | $204690 | $230448 |
| May/24 | $265375 | $295404 |
| May/25 | $300356 | $335352 |

---

## How did the Fund perform in the last year?
The Fund modestly underperformed its primary benchmark, the S&P 500 Index (TR)—a capitalization-weighted index consisting of roughly 500 large U.S. companies that are considered representative of the broad U.S. stock market—for the 12-month period ending May 31, 2025. The Fund's value tilt and underweight allocation to mega-cap technology stocks served as headwinds to performance, particularly in the first half of the reporting period. Fund performance was enhanced by its overweight to the financials sector and favorable stock selection in healthcare, while stock selection in the consumer discretionary sector was a detractor.

Among Fund sub-advisers, Acadian Asset Management LLC outperformed the benchmark S&P 500 Index (TR) due to its momentum (in which investors buy stocks that have shown recent price gains and sell stocks that have recently declined) orientation, an underweight allocation to the healthcare sector, and favorable security selection in the healthcare and communication services sectors. Copeland Capital Management, LLC slightly lagged the benchmark due to its dividend growth orientation, underweight to the communication services sector, and unfavorable stock selection in the consumer discretionary sector. These negative effects were partially offset by favorable stock selection in the information technology sector. Mackenzie Investments Corporation slightly underperformed due to its value tilt and unfavorable stock selection in the energy and information technology sectors. These negative effects were partially counterbalanced by favorable stock selection in the consumer staples and healthcare sectors. Brandywine Global Investment Management, LLC lagged the benchmark due to its significant value bias and underweights to the information technology and consumer discretionary sectors. PineStone Asset Management LLC's ("PineStone") performance was in line with that of the benchmark as positive security selection in the financials and consumer discretionary sectors was offset by adverse security selection effects in healthcare.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Large Cap Disciplined Equity Fund, Class A Shares | 13.18% | 16.20% | 11.63% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 12.86% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $1318047 | 333 | $2042 | 113% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i4b028252651d9fef892291df.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Total Return Swaps | 0.1% |
| Futures Contracts | 0.2% |
| Real Estate | 1.9% |
| U.S. Treasury Obligation | 2.2% |
| Utilities | 2.4% |
| Energy | 2.5% |
| Materials | 2.5% |
| Cash Equivalent | 4.3% |
| Consumer Staples | 6.0% |
| Communication Services | 8.0% |
| Consumer Discretionary | 8.6% |
| Industrials | 8.9% |
| Health Care | 9.4% |
| Financials | 17.8% |
| Information Technology | 25.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Microsoft Corp | 5.4% |
| Apple Inc | 4.1% |
| Meta Platforms Inc, Cl A | 2.5% |
| NVIDIA Corp | 2.4% |
| U.S. Treasury Bill, 4.29%, 8/21/2025 | 2.2% |
| JPMorgan Chase & Co | 1.8% |
| Broadcom Inc | 1.7% |
| Amazon.com Inc | 1.6% |
| Visa Inc, Cl A | 1.4% |
| Alphabet Inc, Cl A | 1.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
PineStone was hired as a Fund manager in December 2024.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Large Cap Disciplined Equity Fund

## SEI Institutional Investments Trust/Class A Shares - SCPAX

## Annual Shareholder Report: May 31, 2025

## SCPAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Large Cap Index Fund

## SEI Institutional Investments Trust/Class A Shares - LCIAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Large Cap Index Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Large Cap Index Fund, Class A Shares | $4 | 0.04% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i3bac4049390e42560e7e662e.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Large Cap Index Fund, Class A Shares - $325474 | S&P 500 Index (TR) - $335352 | Russell 1000 Index (USD) - $327027 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $100760 | $101716 | $100776 |
| May/17 | $118329 | $119484 | $118388 |
| May/18 | $135526 | $136671 | $135668 |
| May/19 | $140175 | $141841 | $140371 |
| May/20 | $157662 | $160050 | $157970 |
| May/21 | $224776 | $224579 | $225363 |
| May/22 | $218618 | $223907 | $219261 |
| May/23 | $223835 | $230448 | $224627 |
| May/24 | $286573 | $295404 | $287539 |
| May/25 | $325474 | $335352 | $327027 |

---

## How did the Fund perform in the last year?
The Fund's benchmark, the Russell 1000 Index (USD)—which is used to measure the performance of the U.S. large-cap equity market—returned 13.73% for the 12-month period ending May 31, 2025. During the reporting period, the Fund achieved its objective of tracking the performance of the Russell 1000 Index (USD).

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Large Cap Index Fund, Class A Shares | 13.57% | 15.60% | 12.53% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 12.86% |
| Russell 1000 Index (USD) | 13.73% | 15.66% | 12.58% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $1952244 | 1004 | $183 | 16% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i8a97a308a1aed311b9cbbeb6.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.1% |
| Cash Equivalent | 1.8% |
| Materials | 2.2% |
| Real Estate | 2.3% |
| Utilities | 2.3% |
| Energy | 3.0% |
| Consumer Staples | 5.6% |
| Communication Services | 9.3% |
| Industrials | 9.4% |
| Health Care | 9.4% |
| Consumer Discretionary | 10.5% |
| Financials | 14.4% |
| Information Technology | 29.6% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Microsoft Corp | 6.2% |
| NVIDIA Corp | 5.7% |
| Apple Inc | 5.3% |
| Amazon.com Inc | 3.5% |
| Meta Platforms Inc, Cl A | 2.6% |
| Broadcom Inc | 2.0% |
| Alphabet Inc, Cl A | 1.8% |
| Tesla Inc | 1.7% |
| Berkshire Hathaway Inc, Cl B | 1.7% |
| Alphabet Inc, Cl C | 1.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Large Cap Index Fund

## SEI Institutional Investments Trust/Class A Shares - LCIAX

## Annual Shareholder Report: May 31, 2025

## LCIAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## S&P 500 Index Fund

## SEI Institutional Investments Trust/Class A Shares - SPINX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the S&P 500 Index Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| S&P 500 Index Fund, Class A Shares | $5 | 0.05% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](ic690be109ea5492d84de5e7f.jpg)

---

| | | |
|:---|:---|:---|
| | S&P 500 Index Fund, Class A Shares - $333654 | S&P 500 Index (TR) - $335352 |
| May/15 | $100000 | $100000 |
| May/16 | $101663 | $101716 |
| May/17 | $119377 | $119484 |
| May/18 | $136516 | $136671 |
| May/19 | $141658 | $141841 |
| May/20 | $159752 | $160050 |
| May/21 | $224031 | $224579 |
| May/22 | $223291 | $223907 |
| May/23 | $229578 | $230448 |
| May/24 | $294098 | $295404 |
| May/25 | $333654 | $335352 |

---

## How did the Fund perform in the last year?
The S&P 500 Index (TR)—a market-weighted index that tracks the performance of the 500 largest publicly traded U.S. companies and is considered representative of the broad U.S. stock market—returned 13.52% for the 12-month period ending May 31, 2025. During the reporting period, the Fund achieved its objective of tracking the performance of the S&P 500 Index (TR).

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| S&P 500 Index Fund, Class A Shares | 13.45% | 15.87% | 12.81% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 12.86% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $4177021 | 506 | $427 | 5% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i41633f20623f9d039d5103d1.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.1% |
| Cash Equivalent | 1.6% |
| Materials | 1.9% |
| Real Estate | 2.1% |
| Utilities | 2.4% |
| Energy | 3.0% |
| Consumer Staples | 5.8% |
| Industrials | 8.6% |
| Health Care | 9.4% |
| Communication Services | 9.5% |
| Consumer Discretionary | 10.5% |
| Financials | 14.1% |
| Information Technology | 31.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Microsoft Corp | 6.7% |
| NVIDIA Corp | 6.5% |
| Apple Inc | 5.9% |
| Amazon.com Inc | 3.8% |
| Meta Platforms Inc, Cl A | 2.8% |
| Broadcom Inc | 2.2% |
| Alphabet Inc, Cl A | 2.0% |
| Tesla Inc | 1.9% |
| Berkshire Hathaway Inc, Cl B | 1.8% |
| Alphabet Inc, Cl C | 1.6% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## S&P 500 Index Fund

## SEI Institutional Investments Trust/Class A Shares - SPINX

## Annual Shareholder Report: May 31, 2025

## SPINX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Extended Market Index Fund

## SEI Institutional Investments Trust/Class A Shares - SMXAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Extended Market Index Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Extended Market Index Fund, Class A Shares | $6 | 0.06% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i98e41041ccc58d530376a110.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Extended Market Index Fund, Class A Shares - $234575 | S&P 500 Index (TR) - $335352 | Russell Small Cap Completeness Index (USD) - $233721 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $94338 | $101716 | $94235 |
| May/17 | $112287 | $119484 | $112194 |
| May/18 | $133154 | $136671 | $132983 |
| May/19 | $128772 | $141841 | $128435 |
| May/20 | $133775 | $160050 | $133351 |
| May/21 | $217765 | $224579 | $217126 |
| May/22 | $176662 | $223907 | $176006 |
| May/23 | $171173 | $230448 | $170521 |
| May/24 | $213479 | $295404 | $212290 |
| May/25 | $234575 | $335352 | $233721 |

---

## How did the Fund perform in the last year?
The Fund modestly underperformed its benchmark, the Russell Small Cap Completeness Index (USD) — which measures the performance of the Russell 3000 Index companies excluding S&P 500 Index constituents — for the 12-month period ending May 31, 2025. The Fund employed equity index futures to provide stock-like performance to a portion of the liquidity reserve account, which contained cash available for fund withdrawals. This weighed on the Fund's relative performance during the reporting period.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Extended Market Index Fund, Class A Shares | 9.88% | 11.89% | 8.90% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 12.86% |
| Russell Small Cap Completeness Index (USD) | 10.09% | 11.88% | 8.86% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $1122322 | 2227 | $342 | 21% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i8882dd1a342ec5e08438d3f1.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Rights | 0.0% |
| Registered Investment Company | 0.0% |
| Futures Contracts | 0.1% |
| Cash Equivalent | 1.4% |
| Utilities | 1.7% |
| Consumer Staples | 3.2% |
| Energy | 3.7% |
| Materials | 4.7% |
| Communication Services | 5.1% |
| Real Estate | 5.3% |
| Consumer Discretionary | 10.4% |
| Health Care | 10.7% |
| Information Technology | 17.6% |
| Industrials | 17.7% |
| Financials | 18.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| AppLovin Corp, Cl A | 1.5% |
| Spotify Technology SA | 1.4% |
| MicroStrategy Inc, Cl A | 1.2% |
| Snowflake Inc, Cl A | 0.9% |
| CRH PLC | 0.9% |
| Cheniere Energy Inc | 0.8% |
| Marvell Technology Inc | 0.7% |
| Cloudflare Inc, Cl A | 0.7% |
| ROBLOX Corp, Cl A | 0.7% |
| Robinhood Markets Inc, Cl A | 0.6% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Extended Market Index Fund

## SEI Institutional Investments Trust/Class A Shares - SMXAX

## Annual Shareholder Report: May 31, 2025

## SMXAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Small Cap Fund

## SEI Institutional Investments Trust/Class A Shares - SLPAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Small Cap Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Small Cap Fund, Class A Shares | $43 | 0.42% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i791592777815fbcc4b57e397.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Small Cap Fund, Class A Shares - $193369 | S&P 500 Index (TR) - $335352 | Russell 2000 Index (USD) - $190139 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $95011 | $101716 | $94027 |
| May/17 | $109644 | $119484 | $113172 |
| May/18 | $127521 | $136671 | $136672 |
| May/19 | $117683 | $141841 | $124310 |
| May/20 | $109397 | $160050 | $120036 |
| May/21 | $178732 | $224579 | $197536 |
| May/22 | $161533 | $223907 | $164123 |
| May/23 | $150660 | $230448 | $156443 |
| May/24 | $186706 | $295404 | $187911 |
| May/25 | $193369 | $335352 | $190139 |

---

## How did the Fund perform in the last year?
The Fund outperformed its benchmark, the Russell 2000 Index (USD)—which tracks the performance of the small-cap segment of the U S. equity market—for the 12-month period ending May 31, 2025.

Most of the Fund's outperformance over the reporting period occurred during the volatile market environment in early April 2025. Los Angeles Capital Management LLC (LA Capital) and Martingale Asset Management, L.P. (Martingale) were the top-performing sub-advisers during the period. Martingale's low volatility-focused strategy benefited as the low volatility factor performed well. LA Capital's strong performance was attributable mainly to positive stock selection results, especially in the information technology and energy sectors. LSV Asset Management more modestly outperformed versus the benchmark, as the value style did not experience strong performance during the period. Axiom Investors LLC and The Informed Momentum Company LLC (IMC) (fka EAM Investors, LLC) detracted from Fund performance. While these strategies benefited from the positive performance of momentum factor investing (in which investors buy stocks that have shown recent price gains and sell stocks that have recently declined) in 2024, they struggled with the rapid shift in leadership in the first quarter of 2025.

At the sector level, Fund performance benefited moderately from active sector positioning. An overweight allocation to the consumer staples and financials sectors, as well as underweights to energy and healthcare, enhanced Fund performance for the reporting period. Overall stock selection had a positive impact on Fund performance, particularly in the healthcare, financials, and energy sectors. Conversely, stock selection in industrials detracted from Fund performance.

The Fund's higher-quality positioning generally provided a tailwind to performance as lower-quality stocks significantly lagged the Russell 2000 Index during the reporting period. Similarly, while the Fund's bias toward the least-expensive stocks in the Index did not contribute to its outperformance for the period, its bias away from the most-expensive names bolstered performance. An overweight allocation to the momentum factor investing style also contributed positively to Fund performance.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Small Cap Fund, Class A Shares | 3.57% | 12.07% | 6.82% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 12.86% |
| Russell 2000 Index (USD) | 1.19% | 9.64% | 6.64% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $251278 | 851 | $1025 | 90% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](iaad94df063130b44f6ce478a.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Communication Services | 2.1% |
| Cash Equivalent | 2.3% |
| Utilities | 2.8% |
| Materials | 3.7% |
| Energy | 3.8% |
| Real Estate | 5.3% |
| Consumer Staples | 5.5% |
| Consumer Discretionary | 9.9% |
| Information Technology | 11.4% |
| Health Care | 13.4% |
| Industrials | 16.3% |
| Financials | 23.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| National Fuel Gas Co | 0.7% |
| Casella Waste Systems Inc, Cl A | 0.6% |
| CommVault Systems Inc | 0.6% |
| Sprouts Farmers Market Inc | 0.5% |
| Exelixis Inc | 0.5% |
| Ensign Group Inc/The | 0.5% |
| Badger Meter Inc | 0.5% |
| Banco Latinoamericano de Comercio Exterior SA | 0.5% |
| Casey's General Stores Inc | 0.5% |
| Merit Medical Systems Inc | 0.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Small Cap Fund

## SEI Institutional Investments Trust/Class A Shares - SLPAX

## Annual Shareholder Report: May 31, 2025

## SLPAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Small Cap II Fund

## SEI Institutional Investments Trust/Class A Shares - SECAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Small Cap II Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Small Cap II Fund, Class A Shares | $40 | 0.40% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](ieaa08bc4a51bcd63230beb68.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Small Cap II Fund, Class A Shares - $203413 | S&P 500 Index (TR) - $335352 | Russell 2000 Index (USD) - $190139 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $93935 | $101716 | $94027 |
| May/17 | $107341 | $119484 | $113172 |
| May/18 | $128780 | $136671 | $136672 |
| May/19 | $119790 | $141841 | $124310 |
| May/20 | $113562 | $160050 | $120036 |
| May/21 | $193952 | $224579 | $197536 |
| May/22 | $172354 | $223907 | $164123 |
| May/23 | $164337 | $230448 | $156443 |
| May/24 | $202052 | $295404 | $187911 |
| May/25 | $203413 | $335352 | $190139 |

---

## How did the Fund perform in the last year?
The Fund underperformed its benchmark, the Russell 2000 Index (USD)—which tracks the performance of the small-cap segment of the U S. equity market—for the 12-month period ending May 31, 2025.

The Fund lost ground during the risk-on rally that gripped U.S. small-cap stocks in July 2024. This was partially offset in March and April 2025, as risk-off investor sentiment took hold amid economic uncertainty and announcements of U.S. tariffs.

Among the Fund's sub-advisors, Los Angeles Capital Management LLC benefited from its dynamic approach (in which asset allocations and holdings are actively adjusted based on changing market conditions and trends). Stock selection within the information technology and energy sectors added to Fund performance. Leeward Investments, LLC benefited from its low volatility exposure throughout early 2025.

Copeland Capital Management, LLC detracted modestly from Fund performance. The manager struggled notably during the fourth quarter of 2024, amid a positive quarter for more speculative names in the Russell 2000 Index (USD), but rebounded during the volatility in the first several months of 2025. The Informed Momentum Company LLC (IMC) (fka EAM Investors, LLC) weighed on Fund performance to a slightly larger degree, initially benefiting from positive returns for the momentum investing style (in which investors buy stocks that have shown recent price gains and sell stocks that have recently declined) in 2024, but struggling with the shift in market leadership in 2025. Easterly Investment Partners LLC faced value style headwinds and adverse stock selection in the materials and information technology sectors.

An overweight allocation to the energy sector hampered Fund performance for the period. This was partially offset by the positive impact of an overweight to financials. Stock selection in materials, information technology, and industrials weighed on Fund performance. This was mostly offset by positive stock selection in energy and financials.

At the factor level, the Fund's bias away from the lowest-quality stocks in the Russell 2000 Index (USD) bolstered performance, but its overweight to the least-expensive stocks in the Index was a detractor.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Small Cap II Fund, Class A Shares | 0.67% | 12.36% | 7.36% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 12.86% |
| Russell 2000 Index (USD) | 1.19% | 9.64% | 6.64% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $252161 | 572 | $999 | 94% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i91c206e4e3d325d100d68f7d.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.1% |
| Exchange-Traded Fund | 0.3% |
| Utilities | 1.6% |
| Communication Services | 2.0% |
| Consumer Staples | 3.3% |
| Cash Equivalent | 4.3% |
| Energy | 4.6% |
| Real Estate | 4.8% |
| Materials | 5.9% |
| Information Technology | 10.1% |
| Consumer Discretionary | 10.6% |
| Health Care | 11.9% |
| Industrials | 18.2% |
| Financials | 22.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Columbia Banking System Inc | 1.1% |
| Old National Bancorp/IN | 1.1% |
| Encompass Health Corp | 1.0% |
| Delek US Holdings Inc | 0.9% |
| Jackson Financial Inc, Cl A | 0.8% |
| Astec Industries Inc | 0.8% |
| WESCO International Inc | 0.7% |
| Lincoln National Corp | 0.7% |
| FMC Corp | 0.7% |
| Comerica Inc | 0.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Small Cap II Fund

## SEI Institutional Investments Trust/Class A Shares - SECAX

## Annual Shareholder Report: May 31, 2025

## SECAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Small/Mid Cap Equity Fund

## SEI Institutional Investments Trust/Class A Shares - SSMAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Small/Mid Cap Equity Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Small/Mid Cap Equity Fund, Class A Shares | $40 | 0.40% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i00f5251cbb9c00b95af21313.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Small/Mid Cap Equity Fund, Class A Shares - $191935 | S&P 500 Index (TR) - $335352 | Russell 2500 Index (USD) - $212386 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $94672 | $101716 | $95700 |
| May/17 | $109374 | $119484 | $111848 |
| May/18 | $127437 | $136671 | $132307 |
| May/19 | $119048 | $141841 | $126634 |
| May/20 | $114522 | $160050 | $125619 |
| May/21 | $182052 | $224579 | $201558 |
| May/22 | $170277 | $223907 | $178138 |
| May/23 | $155978 | $230448 | $168633 |
| May/24 | $189591 | $295404 | $205232 |
| May/25 | $191935 | $335352 | $212386 |

---

## How did the Fund perform in the last year?
The Fund underperformed its benchmark, the Russell 2500 Index (USD)—which tracks the performance of the small- to mid-cap segment of the U.S. equity universe, commonly referred to as "smid" cap—for the 12-month period ending May 31, 2025.

The Fund declined during the more speculative environment in the fourth quarter of 2024 following the results of the U.S. presidential election in November. The Fund regained this lost ground amid the market volatility of late March and early April 2025, but manager-specific results weighed on performance again at the end of the reporting period in May.

Among the Fund's sub-advisers, Geneva Capital Management LLC benefited from its higher-quality/low-volatility positioning in the first quarter of 2025. The manager also saw an upturn in July 2024, attributable to stock-specific results during a more beta-driven rally (beta is a quantitative measure of the volatility relative to a benchmark) for small-cap stocks. Jackson Creek Investment Advisors LLC slightly outperformed the benchmark Russell 2500 Index for the period, bolstered by its tilt toward the momentum investing style (in which investors buy stocks that have shown recent price gains and sell stocks that have recently declined).

Axiom Investors LLC detracted modestly from Fund performance for the reporting period due to style tailwinds in 2024, but struggled with the change in market leadership for the first five months of 2025. LSV Asset Management underperformed more significantly due largely to value style headwinds over the period. Copeland Capital Management, LLC was the largest detractor from Fund performance for the period, attributable mainly to weakness in the fourth quarter of 2024. This was only partially offset by positive performance for the manager's holdings in low-volatility stocks in the first quarter of 2025.

Sector positioning modestly hampered Fund performance for the period due largely to a slight underweight to utilities. Stock selection in consumer discretionary, energy, financials, and information technology detracted from Fund performance. This was partially offset by positive stock selection in healthcare.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Small/Mid Cap Equity Fund, Class A Shares | 1.24% | 10.88% | 6.74% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 12.86% |
| Russell 2500 Index (USD) | 3.49% | 11.07% | 7.82% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $837763 | 464 | $3085 | 67% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](ia39d70bec941bf88f15ce0e8.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.1% |
| Utilities | 1.6% |
| Communication Services | 2.2% |
| Energy | 3.3% |
| Consumer Staples | 4.0% |
| Real Estate | 4.2% |
| Materials | 4.3% |
| Cash Equivalent | 4.3% |
| Health Care | 10.9% |
| Consumer Discretionary | 11.1% |
| Information Technology | 13.1% |
| Financials | 16.9% |
| Industrials | 23.8% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| ExlService Holdings Inc | 1.0% |
| Ensign Group Inc/The | 1.0% |
| RBC Bearings Inc | 1.0% |
| Kinsale Capital Group Inc | 0.8% |
| Axon Enterprise Inc | 0.7% |
| Casey's General Stores Inc | 0.7% |
| Matador Resources Co | 0.7% |
| Pool Corp | 0.6% |
| Tyler Technologies Inc | 0.6% |
| Balchem Corp | 0.6% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Small/Mid Cap Equity Fund

## SEI Institutional Investments Trust/Class A Shares - SSMAX

## Annual Shareholder Report: May 31, 2025

## SSMAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## U.S. Equity Factor Allocation Fund

## SEI Institutional Investments Trust/Class A Shares - SEHAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the U.S. Equity Factor Allocation Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| U.S. Equity Factor Allocation Fund, Class A Shares | $2 | 0.02% |

---

## How did the Fund perform since inception?

### Total Return Based on $100,000 Investment
![Growth Chart](id2bbb8865ac0d9ff15d9aec3.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | U.S. Equity Factor Allocation Fund, Class A Shares - $240061 | S&P 500 Index (TR) - $249524 | Russell 3000 Index (USD) - $238046 |
| Apr/18 | $100000 | $100000 | $100000 |
| May/18 | $101700 | $101692 | $102083 |
| May/19 | $103470 | $105539 | $104631 |
| May/20 | $110927 | $119088 | $116625 |
| May/21 | $162555 | $167102 | $167837 |
| May/22 | $162724 | $166601 | $161654 |
| May/23 | $161796 | $171469 | $164944 |
| May/24 | $207463 | $219800 | $210440 |
| May/25 | $240061 | $249524 | $238046 |

---

## How did the Fund perform in the last year?
The Fund outperformed its benchmark, the Russell 3000 Index (USD)—which tracks the performance of the 3,000 largest U.S. companies representing approximately 96% of the investable U.S. equity market— for the 12-month period ending May 31, 2025.

Fund performance for the reporting period was bolstered by gains from the momentum strategy, which continued to benefit from the dominance of artificial intelligence (AI)-themed stocks. The strategy benefited from stock selection across multiple sectors, including information technology (with overweight positions in companies such as AppLovin, Guidewire, and Broadcom); consumer staples (overweighting Sprouts Farmers Market, Walmart, and Philip Morris); and healthcare (the lack of exposure to UnitedHealth Group, Merck & Co., and Gilead Sciences).

The value and low volatility strategies enhanced Fund performance for the reporting period. The value strategy was bolstered by stock selection in the healthcare sector (especially overweight allocations to Cardinal Health, Merck & Co., and Gilead Sciences), as well as stock selection in the utilities and industrials sectors. The low volatility strategy also benefited from stock selection in the healthcare sector, along with stock selection in the information technology.

The Fund's quality strategy saw virtually flat performance during the reporting period, as investors' attention shifted toward high-volatility, speculative stocks. In addition to the absence of holdings in strong-performing technology stocks such as Tesla and Broadcom, the was hampered by an underweight position in the financials sector (notably J.P. Morgan, Wells Fargo, and Bank of America), which benefited from a combination of expectations for Trump administration policies and stock-specific corporate earnings guidance. Stock selection in the consumer discretionary and communication services sectors also detracted from the strategy's performance. This was partially offset by positive stock selection in the healthcare and consumer staples sectors.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | Annualized Since Inception |
| U.S. Equity Factor Allocation Fund, Class A Shares | 15.71% | 16.70% | 13.12% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 13.74% |
| Russell 3000 Index (USD) | 13.12% | 15.34% | 12.99% |

---

Since its inception on April 26, 2018. The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund since inception. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $2535640 | 439 | $- | 47% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i42e761188ec566b9ba80638d.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.1% |
| Real Estate | 0.6% |
| Energy | 1.4% |
| Cash Equivalent | 1.5% |
| Utilities | 1.7% |
| Materials | 1.8% |
| Consumer Staples | 7.7% |
| Communication Services | 9.8% |
| Industrials | 10.2% |
| Health Care | 10.9% |
| Consumer Discretionary | 12.5% |
| Financials | 13.3% |
| Information Technology | 27.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Microsoft Corp | 4.9% |
| Apple Inc | 3.9% |
| NVIDIA Corp | 3.6% |
| Meta Platforms Inc, Cl A | 1.9% |
| Alphabet Inc, Cl A | 1.8% |
| Amazon.com Inc | 1.6% |
| Cisco Systems Inc | 1.4% |
| Visa Inc, Cl A | 1.2% |
| AT&T Inc | 1.2% |
| Philip Morris International Inc | 1.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## U.S. Equity Factor Allocation Fund

## SEI Institutional Investments Trust/Class A Shares - SEHAX

## Annual Shareholder Report: May 31, 2025

## SEHAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## U.S. Managed Volatility Fund

## SEI Institutional Investments Trust/Class A Shares - SVYAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the U.S. Managed Volatility Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI. This annual shareholder report describes changes to the Fund that occurred during the reporting period.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| U.S. Managed Volatility Fund, Class A Shares | $21 | 0.20% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i7cc5022040ea4863582a1b9f.jpg)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | U.S. Managed Volatility Fund, Class A Shares - $234903 | S&P 500 Index (TR) - $335352 | Russell 3000 Index (USD) - $316484 | MSCI USA Minimum Volatility (NR) (USD) - $258899 | MSCI USA Minimum Volatility Index (75%)/Russell 3000 Value Index (25%) - $263440 |
| May/15 | $100000 | $100000 | $100000 | $100000 | $100000 |
| May/16 | $103715 | $101716 | $100223 | $108897 | $107178 |
| May/17 | $118160 | $119484 | $117954 | $122950 | $122326 |
| May/18 | $127384 | $136671 | $135720 | $132679 | $132954 |
| May/19 | $136426 | $141841 | $139107 | $151505 | $147894 |
| May/20 | $136008 | $160050 | $155054 | $160572 | $154442 |
| May/21 | $174913 | $224579 | $223141 | $191829 | $195073 |
| May/22 | $183158 | $223907 | $214920 | $196217 | $199381 |
| May/23 | $176284 | $230448 | $219293 | $193295 | $195650 |
| May/24 | $206199 | $295404 | $279781 | $226119 | $232274 |
| May/25 | $234903 | $335352 | $316484 | $258899 | $263440 |

---

## How did the Fund perform in the last year?
The Fund modestly outperformed its primary benchmark, the Russell 3000 Index (USD)—which tracks the performance of the 3,000 largest U.S. companies representing approximately 96% of the investable U.S. equity market—for the 12-month period ending May 31, 2025. The Fund underperformed for the first half of the reporting period due to its low-beta exposure (beta is a quantitative measure of the volatility relative to a benchmark) and value exposure. These trends reversed in 2025 due to heightened market volatility amid uncertainty around U.S. tariff policy and concerns around artificial intelligence (AI) capital expenditures. Fund performance benefited from this market rotation due to its low-volatility bias and exposure to value. Overall, the Fund's alpha source (the investment approach that an active investment manager takes in an effort to generate excess returns relative to a benchmark) exposures delivered mixed results. Positions in low-volatility and value stocks detracted from performance in the first half of the reporting period, but exposure to low-volatility and value stocks in 2025 more than offset the underperformance in 2024.

Among the Fund's sub-advisers, LSV Asset Management outperformed the benchmark Russell 3000 Index (USD) due to favorable stock selection among low-volatility stocks, as well as strong stock selection in the healthcare sector. During the portion of the reporting period in which Allspring Global Investments, LLC ("Allspring") was a Fund sub-adviser, the manager's performance modestly outperformed the benchmark due to its low-beta exposure, positions in value stocks, and strong stock selection in the healthcare and information technology sectors. During the brief period in which Acadian Asset Management LLC ("Acadian") was a sub-adviser, the manager underperformed the benchmark.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| U.S. Managed Volatility Fund, Class A Shares | 13.92% | 11.55% | 8.92% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 12.86% |
| Russell 3000 Index (USD) | 13.12% | 15.34% | 12.21% |
| MSCI USA Minimum Volatility (NR) (USD) | 14.50% | 10.03% | 9.98% |
| MSCI USA Minimum Volatility Index (75%)/Russell 3000 Value Index (25%) | 13.42% | 11.27% | 10.17% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $700961 | 208 | $1311 | 116% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i8d82d74005301ad99fb7b72b.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Real Estate | 0.1% |
| Cash Equivalent | 1.8% |
| Materials | 2.1% |
| Energy | 2.7% |
| Utilities | 3.3% |
| Consumer Discretionary | 6.3% |
| Industrials | 7.8% |
| Communication Services | 11.5% |
| Financials | 13.3% |
| Consumer Staples | 15.6% |
| Health Care | 16.9% |
| Information Technology | 18.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Verizon Communications Inc | 2.0% |
| Cisco Systems Inc | 1.9% |
| AT&T Inc | 1.8% |
| Johnson & Johnson | 1.7% |
| Amdocs Ltd | 1.5% |
| Altria Group Inc | 1.4% |
| Gilead Sciences Inc | 1.4% |
| Comcast Corp, Cl A | 1.4% |
| Bank of New York Mellon Corp/The | 1.4% |
| eBay Inc | 1.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
In early April 2025, Allspring was terminated as a Fund sub-adviser as the firm discontinued its alternative equity strategies. Acadian was added as a sub-adviser at this time and the assets from Allspring were reallocated to Acadian. In addition, during the reporting period, the Advisory fee for the Fund was reduced.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## U.S. Managed Volatility Fund

## SEI Institutional Investments Trust/Class A Shares - SVYAX

## Annual Shareholder Report: May 31, 2025

## SVYAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Global Managed Volatility Fund

## SEI Institutional Investments Trust/Class A Shares - SGMAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Global Managed Volatility Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI. This annual shareholder report describes changes to the Fund that occurred during the reporting period.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Global Managed Volatility Fund, Class A Shares | $27 | 0.25%<sup>Footnote Reference(1)</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(1) | &nbsp;&nbsp;The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.24%. |

---

## How did the Fund perform since inception?

### Total Return Based on $100,000 Investment
![Growth Chart](if71606a27989f61e358e9443.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Global Managed Volatility Fund, Class A Shares - $234911 | MSCI ACWI ex USA Index (NR) (USD) - $207318 | MSCI World Index (Net) (USD) - $290655 | MSCI World Minimum Volatility Index (Net) (USD) - $214609 |
| Jan/16 | $100000 | $100000 | $100000 | $100000 |
| May/16 | $107800 | $107857 | $108273 | $108755 |
| May/17 | $122350 | $127533 | $126055 | $119968 |
| May/18 | $131415 | $139868 | $140637 | $126940 |
| May/19 | $135538 | $131112 | $140229 | $138924 |
| May/20 | $134069 | $126611 | $149758 | $143914 |
| May/21 | $166147 | $180770 | $210598 | $168375 |
| May/22 | $173207 | $158342 | $200456 | $166284 |
| May/23 | $172137 | $156117 | $204608 | $164694 |
| May/24 | $199406 | $182256 | $255596 | $183107 |
| May/25 | $234911 | $207318 | $290655 | $214609 |

---

## How did the Fund perform in the last year?
The Fund outperformed its primary benchmark, the MSCI World Index (Net) (USD), for the 12-month period ending May 31, 2025. The Fund underperformed for the first half of the reporting period due to headwinds to low-volatility, value exposure, and an underweight allocation to the U.S. These trends reversed in 2025 due to heightened market volatility amid uncertainty around U.S. tariff policy and concerns around artificial intelligence (AI) capital expenditures. Fund performance benefited from this market rotation given its low-volatility bias, exposure to value, and underweight to the U.S. Overall, the Fund's alpha source (the investment approach that an active investment manager takes in an effort to generate excess returns relative to a benchmark) exposures delivered mixed results for the reporting period as positions in low-volatility and value stocks detracted from performance in the first half of the reporting period, but exposure to low-volatility and value stocks in 2025 more than offset the underperformance in 2024.

Among the Fund's sub-advisers, Acadian Asset Management LLC outperformed the benchmark MSCI World Index due to favorable stock selection in the consumer staples, healthcare, and information technology sectors, as well as strong selection among small and mega-cap stocks. LSV Asset Management outperformed the benchmark due to its exposure to value within the low-volatility segment of the market, along with favorable stock selection in the healthcare and consumer staples sectors. During the portion of the reporting period in which Allspring Global Investments ("Allspring") was a Fund sub-adviser, the manager modestly outperformed the benchmark due to its low-beta exposure (beta is a quantitative measure of the volatility relative to a benchmark) and strong stock selection in the information technology, healthcare, and financials sectors.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | Annualized Since Inception |
| Global Managed Volatility Fund, Class A Shares | 17.81% | 11.87% | 9.57% |
| MSCI ACWI ex USA Index (NR) (USD) | 13.75% | 10.37% | 8.12% |
| MSCI World Index (Net) (USD) | 13.72% | 14.18% | 12.11% |
| MSCI World Minimum Volatility Index (Net) (USD) | 17.20% | 8.32% | 8.52% |

---

Since its inception on January 29, 2016. The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund since inception. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $2090473 | 577 | $4330 | 102% |

---

## What did the Fund invest in?

### Asset/Country Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i3fee659e26016219f95d4ef2.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Forward Contracts | 0.0% |
| Futures Contracts | 0.0% |
| Other Countries | 5.9% |
| Singapore | 1.8% |
| Switzerland | 1.9% |
| Hong Kong | 1.9% |
| Germany | 2.0% |
| Spain | 2.0% |
| Sweden | 2.1% |
| France | 2.4% |
| Netherlands | 2.7% |
| United Kingdom | 3.7% |
| Canada | 4.9% |
| Japan | 7.5% |
| United States | 60.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Cisco Systems Inc | 1.8% |
| AT&T Inc | 1.7% |
| Verizon Communications Inc | 1.7% |
| Johnson & Johnson | 1.3% |
| Novartis AG | 1.3% |
| Endesa SA | 1.2% |
| Comcast Corp, Cl A | 1.2% |
| Koninklijke Ahold Delhaize NV | 1.1% |
| eBay Inc | 1.0% |
| Imperial Brands PLC | 1.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
In early April 2025, Allspring was terminated as a Fund sub-adviser as the firm discontinued its alternative equity strategies. The assets were reallocated to the Fund's existing sub-advisers, Acadian Asset Management LLC and LSV Asset Management.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Global Managed Volatility Fund

## SEI Institutional Investments Trust/Class A Shares - SGMAX

## Annual Shareholder Report: May 31, 2025

## SGMAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## World Equity Ex-US Fund

## SEI Institutional Investments Trust/Class A Shares - WEUSX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the World Equity Ex-US Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI. This annual shareholder report describes changes to the Fund that occurred during the reporting period.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| World Equity Ex-US Fund, Class A Shares | $29 | 0.27% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i1630ce412f163858489bd725.jpg)

---

| | | |
|:---|:---|:---|
| | World Equity Ex-US Fund, Class A Shares - $178980 | MSCI ACWI ex USA Index (NR) (USD) - $170319 |
| May/15 | $100000 | $100000 |
| May/16 | $87398 | $88608 |
| May/17 | $104253 | $104772 |
| May/18 | $116346 | $114906 |
| May/19 | $107802 | $107713 |
| May/20 | $106724 | $104015 |
| May/21 | $154088 | $148508 |
| May/22 | $134779 | $130083 |
| May/23 | $130104 | $128255 |
| May/24 | $155749 | $149729 |
| May/25 | $178980 | $170319 |

---

## How did the Fund perform in the last year?
The Fund outperformed its benchmark, the MSCI ACWI ex USA Index (NR) (USD)—which tracks the performance of both developed-market and emerging market countries, excluding the United States—for the 12-month period ending May 31, 2025.

Alpha source exposures (the investment approach that an active investment manager takes in an effort to generate excess returns relative to a benchmark) contributed positively to Fund performance, particularly value and momentum, as both factors performed well despite the broader underperformance of quality stocks.

Four out of the Fund's five sub-advisers outperformed the benchmark MSCI ACWI ex USA Index (NR) (USD) for the reporting period. Lazard Asset Management LLC's (Lazard) 130/30 Momentum strategy benefited from a favorable momentum environment and effective short positioning. Notably, Lazard is the only Fund manager utilizing derivatives, which comprise approximately 50% of its 160% gross exposure. Acadian Asset Management LLC's outperformance was attributable to strong returns from value and momentum exposures. Pzena Investment Management, LLC, a deep value manager, outperformed due primarily to its allocation to European banks. Lazard's International Quality Growth strategy also outperformed despite the headwinds faced by quality factors overall. Strong stock selection in the technology sector and in numerous equity markets globally contributed significantly to performance.

The performance of Brickwood Asset Management LLP (Brickwood), the Fund's second value manager, lagged the benchmark over the reporting period, attributable to positions in the consumer discretionary and industrials sectors. Finally, Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust underperformed. As a quality manager with a low-volatility bias, both of its core factors lagged in the strong market environment consistent with our expectations. Stock selection, especially in consumer-focused apparel names, weighed further on performance.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| World Equity Ex-US Fund, Class A Shares | 14.92% | 10.89% | 5.99% |
| MSCI ACWI ex USA Index (NR) (USD) | 13.75% | 10.37% | 5.47% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $8412365 | 994 | $18809 | 54% |

---

## What did the Fund invest in?

### Asset/Country Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](iaa04f234f2c04f99e6ee580a.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Total Return Swaps | 0.2% |
| Other Countries | 25.4% |
| Exchange-Traded Fund | 0.1% |
| Brazil | 2.7% |
| Australia | 2.8% |
| Taiwan | 3.7% |
| South Korea | 4.0% |
| Netherlands | 4.6% |
| Canada | 4.7% |
| Switzerland | 5.1% |
| China | 5.9% |
| France | 7.4% |
| Germany | 9.0% |
| Japan | 10.5% |
| United Kingdom | 11.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Roche Holding AG | 1.4% |
| SAP SE | 1.1% |
| Continental AG | 1.0% |
| Wolters Kluwer NV | 1.0% |
| Reckitt Benckiser Group PLC | 1.0% |
| Teleperformance SE | 0.9% |
| Samsung Electronics Co Ltd | 0.9% |
| Taiwan Semiconductor Manufacturing Co Ltd | 0.8% |
| Bayer AG | 0.8% |
| AIA Group Ltd | 0.8% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
During the reporting period, Jupiter Asset Management Limited was terminated as sub-adviser and was replaced by Brickwood. Additionally, the portfolio management team currently at Brickwood had previously been employed by Jupiter Asset Management Limited.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## World Equity Ex-US Fund

## SEI Institutional Investments Trust/Class A Shares - WEUSX

## Annual Shareholder Report: May 31, 2025

## WEUSX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Screened World Equity Ex-US Fund

## SEI Institutional Investments Trust/Class A Shares - SSEAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Screened World Equity Ex-US Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI. This annual shareholder report describes changes to the Fund that occurred during the reporting period.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Screened World Equity Ex-US Fund, Class A Shares | $38 | 0.35% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i5b24888fafcd310da527954b.jpg)

---

| | | |
|:---|:---|:---|
| | Screened World Equity Ex-US Fund, Class A Shares - $208859 | MSCI ACWI ex USA Index (NR) (USD) - $170319 |
| May/15 | $100000 | $100000 |
| May/16 | $91216 | $88608 |
| May/17 | $113096 | $104772 |
| May/18 | $128074 | $114906 |
| May/19 | $119662 | $107713 |
| May/20 | $119864 | $104015 |
| May/21 | $178040 | $148508 |
| May/22 | $158475 | $130083 |
| May/23 | $154436 | $128255 |
| May/24 | $182133 | $149729 |
| May/25 | $208859 | $170319 |

---

## How did the Fund perform in the last year?
The Fund outperformed its benchmark, the MSCI ACWI ex USA Index (NR) (USD)—which tracks the performance of both developed-market and emerging market countries, excluding the United States—for the 12-month period ending May 31, 2025.

Alpha source exposures (the investment approach that an active investment manager takes in an effort to generate excess returns relative to a benchmark) contributed positively to Fund performance, particularly value and momentum, as both factors performed well despite the broader underperformance of quality stocks.

Three of the Fund's four sub-advisers outperformed the benchmark MSCI ACWI ex USA Index over the reporting period. Lazard Asset Management LLC's ("Lazard") 130/30 Momentum strategy benefited from a favorable momentum environment and effective short positioning. Notably, Lazard is the only Fund manager utilizing derivatives, which comprise approximately 50% of its 160% gross exposure. Acadian Asset Management LLC's outperformance was attributable to strong returns from value and momentum exposures. Lazard's International Quality Growth strategy also outperformed the Fund's benchmark despite the headwinds faced by quality factors overall. Strong stock selection in the information technology sector and in numerous equity markets globally contributed significantly to performance.

The performance of Brickwood Asset Management LLP ("Brickwood"), the Fund's International Value strategy manager, lagged the benchmark during the reporting period. The manager's underperformance was driven by positions in the consumer discretionary and information technology sectors.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Screened World Equity Ex-US Fund, Class A Shares | 14.67% | 11.75% | 7.64% |
| MSCI ACWI ex USA Index (NR) (USD) | 13.75% | 10.37% | 5.47% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $175851 | 849 | $379 | 67% |

---

## What did the Fund invest in?

### Asset/Country Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i6845d3b2cf07ffb5c2c76e6c.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Forward Contracts | 0.0% |
| Futures Contracts | 0.0% |
| Total Return Swaps | 0.3% |
| Other Countries | 26.4% |
| Exchange-Traded Fund | 0.1% |
| Switzerland | 3.5% |
| Australia | 3.5% |
| Taiwan | 3.8% |
| Netherlands | 4.3% |
| South Korea | 4.7% |
| China | 4.9% |
| France | 5.3% |
| Canada | 5.5% |
| Germany | 8.1% |
| United Kingdom | 8.6% |
| United States | 8.7% |
| Japan | 10.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| AP Moller - Maersk A/S, Cl B | 1.3% |
| Flow Traders Ltd | 1.3% |
| AIA Group Ltd | 1.2% |
| Continental AG | 1.1% |
| Burberry Group PLC | 1.0% |
| SAP SE | 0.9% |
| SES SA, Cl A | 0.9% |
| Reckitt Benckiser Group PLC | 0.9% |
| Dollarama Inc | 0.8% |
| KT&G Corp | 0.8% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
During the reporting period, Jupiter Asset Management Limited was terminated as sub-adviser and was replaced by Brickwood Asset Management LLP. Additionally, the portfolio management team currently at Brickwood Asset Management LLP had previously been employed by Jupiter Asset Management Limited.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Screened World Equity Ex-US Fund

## SEI Institutional Investments Trust/Class A Shares - SSEAX

## Annual Shareholder Report: May 31, 2025

## SSEAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Emerging Markets Equity Fund

## SEI Institutional Investments Trust/Class A Shares - SMQFX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Emerging Markets Equity Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Emerging Markets Equity Fund, Class A Shares | $67 | 0.63% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i7136f813fcc622223183cf43.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Emerging Markets Equity Fund, Class A Shares - $171048 | MSCI ACWI ex USA Index (NR) (USD) - $170319 | MSCI EFM (Emerging+Frontier Markets) Index (Net) (USD) - $146874 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $87474 | $88608 | $82567 |
| May/17 | $106386 | $104772 | $104930 |
| May/18 | $119542 | $114906 | $119457 |
| May/19 | $106886 | $107713 | $109271 |
| May/20 | $101393 | $104015 | $104349 |
| May/21 | $156498 | $148508 | $157289 |
| May/22 | $135882 | $130083 | $126249 |
| May/23 | $129313 | $128255 | $115521 |
| May/24 | $153441 | $149729 | $129853 |
| May/25 | $171048 | $170319 | $146874 |

---

## How did the Fund perform in the last year?
The Fund underperformed its benchmark, the MSCI EFM (Emerging+Frontier Markets) Index (Net) (USD) ("MSCI EFM Index"), for the 12-month period ending May 31, 2025.

Large-cap stocks drove the benchmark MSCI EFM Index's gains over the reporting period, led by a combination of enthusiasm over artificial intelligence (AI)-driven growth in shares of large-cap Chinese ecommerce and internet companies, expectations of government support, and continued strength in Taiwanese technology stocks from AI demand from U.S. technology companies. The Fund is underweight to these themes and areas of the market due to its structural allocation to frontier- and emerging-market small-cap stocks. Consequently, China was the biggest detractor from performance among countries given its underweight position in the Fund. Communication services and information technology were the biggest detractors among sectors for the period.

Regarding the Fund's sub-advisers, JOHCM (USA) Inc. ("JOHCM") weighed on performance as its momentum investment style (in which investors buy stocks that have shown recent price gains and sell stocks that have recently declined) faced headwinds over the reporting period from China's resurgence and India's underperformance. JOHCM's focus on small-cap stocks also had a negative impact on Fund performance as large caps outperformed over the period. Causeway Capital Management LLC's multifactor investment approach faced headwinds as momentum and quality both lagged the market over the period; this was not enough to offset the outperformance of the manager's exposure to the value factor. WCM Investment Management, LLC was the largest contributor to Fund performance due to positive stock selection. RWC Asset Advisors (US) LLC performed well due to frontier markets' outperformance versus emerging markets during the reporting period. Robeco Institutional Asset Management US Inc. ("Robeco") also contributed positively to Fund performance over the period due to a tailwind to value stocks. Robeco posted strong results in the financials, real estate, and industrials sectors, especially Greek banks and United Arab Emirates real estate stocks.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Emerging Markets Equity Fund, Class A Shares | 11.47% | 11.03% | 5.51% |
| MSCI ACWI ex USA Index (NR) (USD) | 13.75% | 10.37% | 5.47% |
| MSCI EFM (Emerging+Frontier Markets) Index (Net) (USD) | 13.11% | 7.08% | 3.92% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $767426 | 412 | $4510 | 54% |

---

## What did the Fund invest in?

### Asset/Country Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i065c05fe60a6f667b25abbdb.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Other Countries | 20.6% |
| Kazakhstan | 2.1% |
| Vietnam | 2.3% |
| Greece | 2.5% |
| Philippines | 2.5% |
| United Arab Emirates | 2.8% |
| South Africa | 3.1% |
| Indonesia | 3.8% |
| Brazil | 5.3% |
| India | 10.2% |
| Taiwan | 12.0% |
| South Korea | 12.8% |
| China | 18.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Taiwan Semiconductor Manufacturing Co Ltd | 6.1% |
| Tencent Holdings Ltd | 2.0% |
| Alibaba Group Holding Ltd | 1.8% |
| Naspers Ltd, Cl N | 1.7% |
| Emaar Properties PJSC | 1.4% |
| Samsung Electronics Co Ltd | 1.3% |
| Hana Financial Group Inc | 1.2% |
| Contemporary Amperex Technology Co Ltd, Cl A | 1.1% |
| Piraeus Financial Holdings SA | 1.0% |
| Itau Unibanco Holding SA ADR | 1.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Emerging Markets Equity Fund

## SEI Institutional Investments Trust/Class A Shares - SMQFX

## Annual Shareholder Report: May 31, 2025

## SMQFX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Opportunistic Income Fund

## SEI Institutional Investments Trust/Class A Shares - ENIAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Opportunistic Income Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Opportunistic Income Fund, Class A Shares | $30 | 0.29% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](ibcd64e35a544c5060abb2d12.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Opportunistic Income Fund, Class A Shares - $147228 | Bloomberg U.S. Aggregate Bond Index (TR) (USD) - $115957 | ICE BofA USD 3-Month Deposit Offered Rate Constant Maturity Index - $123449 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $100929 | $102995 | $100375 |
| May/17 | $105541 | $104621 | $101205 |
| May/18 | $109088 | $104229 | $102645 |
| May/19 | $113340 | $110900 | $105253 |
| May/20 | $113088 | $121342 | $107699 |
| May/21 | $121112 | $120850 | $108000 |
| May/22 | $119936 | $110914 | $108068 |
| May/23 | $125267 | $108537 | $111439 |
| May/24 | $137523 | $109954 | $117555 |
| May/25 | $147228 | $115957 | $123449 |

---

## How did the Fund perform in the last year?
The Fund outperformed its benchmark, the ICE BofA USD 3-Month Deposit Offered Rate Constant Maturity Index, which tracks the performance of a synthetic asset paying a deposit offered rate to the stated maturity—for the 12-month period ending May 31, 2025.

The Federal Reserve (Fed) surprised the markets by reducing the federal-funds rate by 50 basis points at its September 2024 meeting. The central bank subsequently implemented additional 25-basis-point cuts following its meetings in November and December 2024. The Fed then paused its rate-cutting cycle through the end of the reporting period as it continues to evaluate the effects of trade and fiscal policy on the broader economy and financial markets.

Fund performance for the reporting period was bolstered by holdings in spread sectors. An allocation to corporate bonds contributed to Fund performance as spreads in the front end of the yield curve remained relatively steady despite volatility during the first five months of 2025. The Fund's positions in asset-backed securities (ABS) enhanced performance as various subsectors, such as franchises and student loans, performed well. Holdings in commercial mortgage-backed securities (CMBS) also contributed positively to Fund performance. Positions in non-Agency MBS contributed positively to performance as the sector remained supported by home- price appreciation and limited supply. An allocation to collateralized loan obligations (CLOs) also added to performance. The Fund's holdings in bank loans performed well and were positive contributors during the reporting period as credit fundamentals remained on solid footing and risk assets outperformed the overall fixed-income market.

Regarding the Fund's sub-advisers, Manulife Investment Management (US) LLC benefited from allocations to ABS, CMBS, and Non-Agency MBS. Wellington Management Company, LLP's strong performance for the period was attributable to an allocation to non-agency MBS, corporate bonds, and AAA CLOs. Ares Capital Management II, LLC's performance was enhanced by positioning in bank loans.

The Fund's use of derivatives had no material impact on performance during the period.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Opportunistic Income Fund, Class A Shares | 7.06% | 5.42% | 3.94% |
| Bloomberg U.S. Aggregate Bond Index (TR) (USD) | 5.46% | -0.90% | 1.49% |
| ICE BofA USD 3-Month Deposit Offered Rate Constant Maturity Index | 5.01% | 2.77% | 2.13% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $406809 | 901 | $866 | 48% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i42cb75b5ad311180ca5b2f25.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Municipal Bond | 0.0% |
| Information Technology | 0.1% |
| Communication Services | 0.1% |
| Consumer Staples | 0.1% |
| Real Estate | 0.2% |
| Commercial Paper | 0.2% |
| Health Care | 0.2% |
| Warrants | 0.2% |
| Energy | 0.2% |
| Utilities | 0.3% |
| Materials | 0.4% |
| Consumer Discretionary | 0.5% |
| Industrials | 0.8% |
| U.S. Treasury Obligations | 1.3% |
| Repurchase Agreement | 2.0% |
| Financials | 2.2% |
| Cash Equivalent | 4.1% |
| Mortgage-Backed Securities | 27.7% |
| Asset-Backed Securities | 29.0% |
| Loan Participations | 31.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Towd Point Mortgage Trust, Ser 2019-HY2, Cl M2, TSFR1M + 2.014% | 6.339% | 05/25/58 | 0.7% |
| U.S. Treasury Bills | 4.249% | 06/03/25 | 0.6% |
| FHLMC STACR REMIC Trust, Ser 2023-HQA1, Cl M1B, SOFR30A + 3.500% | 7.822% | 05/25/43 | 0.5% |
| FHLMC STACR REMIC Trust, Ser 2023-DNA1, Cl M1B, SOFR30A + 3.100% | 7.421% | 03/25/43 | 0.5% |
| FHLMC STACR REMIC Trust, Ser 2022-DNA3, Cl M1B, SOFR30A + 2.900% | 7.222% | 04/25/42 | 0.5% |
| Connecticut Avenue Securities Trust, Ser 2023-R04, Cl 1M1, SOFR30A + 2.300% | 6.621% | 05/25/43 | 0.5% |
| Sesac Finance LLC, Ser 2019-1, Cl A2 | 5.216% | 07/25/49 | 0.5% |
| GRACIE POINT INTERNATIONAL FUNDING, Ser 2023-1A, Cl A, SOFR90A + 1.950% | 6.298% | 09/01/26 | 0.5% |
| SLM Private Credit Student Loan Trust, Ser 2006-B, Cl A5, TSFR3M + 0.532% | 4.831% | 12/15/39 | 0.5% |
| Structured Asset Investment Loan Trust, Ser 2004-8, Cl A8, TSFR1M + 1.114% | 5.439% | 09/25/34 | 0.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents and Short-Term Investments are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Opportunistic Income Fund

## SEI Institutional Investments Trust/Class A Shares - ENIAX

## Annual Shareholder Report: May 31, 2025

## ENIAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Core Fixed Income Fund

## SEI Institutional Investments Trust/Class A Shares - SCOAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Core Fixed Income Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI. This annual shareholder report describes changes to the Fund that occurred during the reporting period.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Core Fixed Income Fund, Class A Shares | $12 | 0.12% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](if7db638325af37dfe226c9dd.jpg)

---

| | | |
|:---|:---|:---|
| | Core Fixed Income Fund, Class A Shares - $120922 | Bloomberg U.S. Aggregate Bond Index (TR) (USD) - $115957 |
| May/15 | $100000 | $100000 |
| May/16 | $102974 | $102995 |
| May/17 | $105558 | $104621 |
| May/18 | $105745 | $104229 |
| May/19 | $112852 | $110900 |
| May/20 | $124339 | $121342 |
| May/21 | $125584 | $120850 |
| May/22 | $114881 | $110914 |
| May/23 | $112397 | $108537 |
| May/24 | $114188 | $109954 |
| May/25 | $120922 | $115957 |

---

## How did the Fund perform in the last year?
The Fund modestly outperformed its benchmark, the Bloomberg U.S. Aggregate Bond Index (TR) (USD)—which tracks the performance of fixed-rate, publicly issued, non-investment-grade bonds—for the 12-month period ending May 31, 2025.

The Federal Reserve (Fed) surprised the markets by reducing the federal-funds rate by 50 basis points at its September 2024 meeting. The central bank subsequently implemented additional 25-basis-point cuts following its meetings in November and December 2024. The Fed then paused its rate-cutting cycle through the end of the reporting period as it continues to evaluate the effects of trade and fiscal policy on the broader economy and financial markets.

Fund performance for the reporting period benefited from holdings in spread sectors. Both an overweight position and security selection in agency mortgage-backed securities (MBS) contributed to Fund performance given the managers' general preference for specified pools. Positioning within the corporate credit sector bolstered Fund performance due to security selection in the industrials sector. An overweight to asset-backed securities (ABS) added to Fund performance as the managers preferred prime tranches within auto loans and credit cards. Within commercial mortgage-backed securities (CMBS), allocations to higher-quality tranches and class-A properties contributed. The Fund's slightly long duration posture had minimal impact on performance while a steepening yield curve position had a positive impact as the curve steepened over the period.

Regarding the Fund's sub-advisers, Allspring Global Investments, LLC benefited from security selection in both corporate bonds and securitized assets. Jennison Associates LLC's yield-curve positioning enhanced Fund performance as the curve steepened over the period. Metropolitan West Asset Management, LLC outperformed due to an overweight to agency MBS. The performance of MetLife Investment Management, LLC was bolstered by security selection within the corporate sector.

The Fund's use of derivatives had no material impact on performance during the reporting period.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Core Fixed Income Fund, Class A Shares | 5.90% | -0.56% | 1.92% |
| Bloomberg U.S. Aggregate Bond Index (TR) (USD) | 5.46% | -0.90% | 1.49% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $8868764 | 3315 | $7452 | 373% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i7d49742d4fef954d08a1fc79.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Purchased Swaption | 0.0% |
| Municipal Bonds | 0.1% |
| U.S. Government Agency Obligations | 0.2% |
| Sovereign Debt | 0.3% |
| Materials | 0.5% |
| Real Estate | 0.9% |
| Consumer Discretionary | 1.0% |
| Energy | 1.4% |
| Consumer Staples | 1.5% |
| Information Technology | 1.6% |
| Communication Services | 1.7% |
| Industrials | 1.8% |
| Health Care | 2.3% |
| Cash Equivalent | 2.6% |
| Utilities | 3.1% |
| Financials | 7.1% |
| Asset-Backed Securities | 7.4% |
| U.S. Treasury Obligations | 30.8% |
| Mortgage-Backed Securities | 41.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| U.S. Treasury Notes | 4.000% | 05/31/30 | 3.5% |
| U.S. Treasury Notes | 3.750% | 05/15/28 | 2.6% |
| U.S. Treasury Bonds | 4.750% | 02/15/45 | 1.9% |
| U.S. Treasury Bonds | 4.750% | 05/15/55 | 1.7% |
| U.S. Treasury Notes | 3.875% | 05/31/27 | 1.6% |
| U.S. Treasury Notes | 4.125% | 05/31/32 | 1.6% |
| U.S. Treasury Bills | 4.244% | 07/24/25 | 1.5% |
| U.S. Treasury Notes | 4.250% | 05/15/35 | 1.0% |
| UMBS | 3.500% | 06/15/55 | 1.0% |
| U.S. Treasury Notes | 3.875% | 04/30/30 | 0.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
During the fourth quarter of 2024, Western Asset Management was removed as a Fund sub-adviser. Western's allocation was split among the existing Fund managers.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Core Fixed Income Fund

## SEI Institutional Investments Trust/Class A Shares - SCOAX

## Annual Shareholder Report: May 31, 2025

## SCOAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## High Yield Bond Fund

## SEI Institutional Investments Trust/Class A Shares - SGYAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the High Yield Bond Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| High Yield Bond Fund, Class A Shares | $30 | 0.29% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](ib6d3200e575f22d51f94a62e.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | High Yield Bond Fund, Class A Shares - $171263 | Bloomberg U.S. Aggregate Bond Index (TR) (USD) - $115957 | ICE BofA U.S. High Yield Constrained Index (USD) - $161818 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $97833 | $102995 | $99116 |
| May/17 | $112559 | $104621 | $112837 |
| May/18 | $116597 | $104229 | $115424 |
| May/19 | $122795 | $110900 | $121616 |
| May/20 | $118213 | $121342 | $121984 |
| May/21 | $145259 | $120850 | $140441 |
| May/22 | $140769 | $110914 | $133413 |
| May/23 | $139081 | $108537 | $133187 |
| May/24 | $156195 | $109954 | $148082 |
| May/25 | $171263 | $115957 | $161818 |

---

## How did the Fund perform in the last year?
The Fund modestly outperformed its benchmark, the ICE BofA U.S. High Yield Constrained Index (USD), over the 12-month period ending May 31, 2025.

Positive contributors to Fund performance for the reporting period included an overweight position and security selection in the healthcare sector, security selection in telecommunications, and an underweight position and security selection in the leisure sector. Fund performance was hampered by security selection in the transportation, retail, and basic industry sectors.

Among the Fund's sub-advisers, Ares Capital Management II, LLC outperformed the benchmark ICE BofA U.S. High Yield Constrained Index (USD) due to security selection in the healthcare sector, and both an underweight allocation to and security selection in retail. Benefit Street Partners, LLC's outperformance was attributable to security selection in financial services and technology and electronics. Brigade Capital Management, LP outperformed due to an overweight to and security selection in the healthcare and telecommunications sectors. J.P. Morgan Investment Management, Inc.'s outperformance resulted from an overweight position and security selection in media, and an underweight to and security selection in capital goods. T. Rowe Price Associates, Inc. lagged the benchmark due to an overweight to and security selection in energy, as well as security selection in retail. SEI Investment Management Corporation's longstanding allocation to structured credit underperformed the broader high-yield market over the reporting period.

Regarding the use of derivatives during the reporting period, the Fund employed currency forwards for the Canadian dollar and the Australian dollar. These positions did not have an impact on Fund performance.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| High Yield Bond Fund, Class A Shares | 9.65% | 7.70% | 5.53% |
| Bloomberg U.S. Aggregate Bond Index (TR) (USD) | 5.46% | -0.90% | 1.49% |
| ICE BofA U.S. High Yield Constrained Index (USD) | 9.28% | 5.81% | 4.93% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $2004311 | 1284 | $5033 | 53% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](iae9de0ca4f502b1a07b51c93.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Forwards | 0.0% |
| Warrants | 0.1% |
| U.S. Treasury Obligations | 0.2% |
| Preferred Stock | 0.5% |
| Cash Equivalent | 2.3% |
| Real Estate | 2.5% |
| Utilities | 2.7% |
| Consumer Staples | 3.0% |
| Information Technology | 3.5% |
| Health Care | 6.5% |
| Materials | 6.6% |
| Asset-Backed Securities | 7.5% |
| Financials | 8.4% |
| Loan Participations | 8.6% |
| Industrials | 9.8% |
| Energy | 10.1% |
| Consumer Discretionary | 12.2% |
| Communication Services | 14.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| CCO Holdings LLC | 4.250% | 01/15/34 | 0.7% |
| X Corp., Tranche B-3 Term Loan, 1st Lien, FIXED + 9.500% | 9.500% | 10/26/29 | 0.7% |
| 1261229 BC | 10.000% | 04/15/32 | 0.5% |
| DISH Network | 11.750% | 11/15/27 | 0.5% |
| Zayo Group Holdings | 4.000% | 03/01/27 | 0.4% |
| TransDigm | 7.125% | 12/01/31 | 0.4% |
| Medline Borrower LP | 3.875% | 04/01/29 | 0.4% |
| Voya CLO, Ser 2024-6A, Cl SUB | 0.000% | 01/20/38 | 0.4% |
| LifeScan Global Corporation, Initial Term Loan, 1st Lien, CME Term SOFR + 6.500% | 10.922% | 12/31/26 | 0.4% |
| CCO Holdings LLC | 4.250% | 02/01/31 | 0.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## High Yield Bond Fund

## SEI Institutional Investments Trust/Class A Shares - SGYAX

## Annual Shareholder Report: May 31, 2025

## SGYAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Long Duration Fund

## SEI Institutional Investments Trust/Class A Shares - LDRAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Long Duration Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Long Duration Fund, Class A Shares | $16 | 0.16% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i5d3b964beb845f04d0bf43a7.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Long Duration Fund, Class A Shares - $121257 | Bloomberg U.S. Aggregate Bond Index (TR) (USD) - $115957 | 70/30 Bloomberg U.S. Long Credit/U.S. Long Govt - $116132 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $106186 | $102995 | $106120 |
| May/17 | $110865 | $104621 | $110138 |
| May/18 | $111884 | $104229 | $110886 |
| May/19 | $123312 | $110900 | $121866 |
| May/20 | $149019 | $121342 | $144543 |
| May/21 | $147837 | $120850 | $141701 |
| May/22 | $126158 | $110914 | $120760 |
| May/23 | $118822 | $108537 | $114003 |
| May/24 | $118281 | $109954 | $113784 |
| May/25 | $121257 | $115957 | $116132 |

---

## How did the Fund perform in the last year?
The Fund outperformed its benchmark, a 70%/30% blend of the Bloomberg U.S. Long Credit Index and the Bloomberg U.S. Long Government Index, for the 12-month period ending May 31, 2025.

The Federal Reserve (Fed) surprised the markets by reducing the federal-funds rate by 50 basis points at its September 2024 meeting. The central bank subsequently implemented additional 25-basis-point cuts following its meetings in November and December 2024. The Fed then paused its rate-cutting cycle through the end of the reporting period as it continues to evaluate the effects of trade and fiscal policy on the broader economy and financial markets. The implementation of tariffs during the first four months of 2025 caused spreads to widen materially before tightening back close to pre-tariff levels.

Fund performance for the reporting period was bolstered by holdings in corporate bonds, particularly in the industrials and financials sectors. This was partially offset by the negative impact of an underweight allocation to corporate bonds and an overweight to U.S. Treasurys, as the corporate sector outperformed over the period. An underweight position in BBB rated issues detracted from Fund performance as lower-quality securities outperformed during the reporting period.

Regarding the Fund's sub-advisers, Legal & General Investment Management America, Inc. (LGIM) benefited from selection in the industrials sector, most notably in consumer non-cyclical and capital goods. Jennison Associates LLCs' performance was enhanced by a yield-curve steepening position; this was partially offset by defensive credit positioning, while Metropolitan West Asset Management, LLC benefited from security selection in the financials sector. Income Research + Management (IRM) slightly outperformed the Fund's Blended Benchmark for the period due to security selection.

The Fund's use of derivatives had no material impact on performance during the period.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Long Duration Fund, Class A Shares | 2.52% | -4.04% | 1.95% |
| Bloomberg U.S. Aggregate Bond Index (TR) (USD) | 5.46% | -0.90% | 1.49% |
| 70/30 Bloomberg U.S. Long Credit/U.S. Long Govt | 2.06% | -4.28% | 1.51% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $495003 | 972 | $487 | 176% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i2b812dba7e075ddc5f264fab.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Mortgage-Backed Securities | 0.2% |
| U.S. Government Agency Obligations | 0.5% |
| Real Estate | 0.9% |
| Sovereign Debt | 1.1% |
| Materials | 1.3% |
| Municipal Bonds | 1.8% |
| Cash Equivalent | 2.3% |
| Consumer Discretionary | 2.4% |
| Consumer Staples | 3.6% |
| Information Technology | 4.8% |
| Energy | 5.8% |
| Industrials | 6.3% |
| Communication Services | 6.8% |
| Health Care | 9.2% |
| Utilities | 9.6% |
| Financials | 10.8% |
| U.S. Treasury Obligations | 33.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| U.S. Treasury Bonds | 4.750% | 05/15/55 | 4.9% |
| U.S. Treasury Bonds | 4.625% | 02/15/55 | 2.4% |
| U.S. Treasury Notes | 4.250% | 05/15/35 | 2.3% |
| U.S. Treasury Bonds | 4.750% | 02/15/45 | 2.3% |
| U.S. Treasury Bonds | 2.000% | 11/15/41 | 2.0% |
| U.S. Treasury Bonds | 3.375% | 11/15/48 | 2.0% |
| U.S. Treasury Bonds | 4.625% | 11/15/44 | 1.8% |
| U.S. Treasury Bonds | 3.000% | 08/15/48 | 1.6% |
| U.S. Treasury Bonds | 2.250% | 08/15/46 | 1.4% |
| U.S. Treasury Bonds | 4.500% | 02/15/44 | 0.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Long Duration Fund

## SEI Institutional Investments Trust/Class A Shares - LDRAX

## Annual Shareholder Report: May 31, 2025

## LDRAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Long Duration Credit Fund

## SEI Institutional Investments Trust/Class A Shares - SLDAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Long Duration Credit Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Long Duration Credit Fund, Class A Shares | $15 | 0.15% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i989a4e54025c6dd2c2334b17.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Long Duration Credit Fund, Class A Shares - $123410 | Bloomberg U.S. Aggregate Bond Index (TR) (USD) - $115957 | Bloomberg Long A+ U.S. Credit Index (USD) - $119645 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $107374 | $102995 | $107822 |
| May/17 | $112342 | $104621 | $111922 |
| May/18 | $113063 | $104229 | $112672 |
| May/19 | $123807 | $110900 | $123200 |
| May/20 | $146675 | $121342 | $143726 |
| May/21 | $147445 | $120850 | $143776 |
| May/22 | $125729 | $110914 | $122159 |
| May/23 | $119023 | $108537 | $115833 |
| May/24 | $120283 | $109954 | $117058 |
| May/25 | $123410 | $115957 | $119645 |

---

## How did the Fund perform in the last year?
The Fund outperformed its benchmark, the Bloomberg Long A+ U.S. Credit Index (USD)—which tracks the performance of highly rated corporate and international dollar-denominated bonds with a remaining maturity of 10 years or more—for the 12-month period ending May 31, 2025.

The Federal Reserve (Fed) surprised the markets by reducing the federal-funds rate by 50 basis points at its September 2024 meeting. The central bank subsequently implemented additional 25-basis-point cuts following its meetings in November and December 2024. The Fed then paused its rate-cutting cycle through the end of the reporting period as it continues to evaluate the effects of trade and fiscal policy on the broader economy and financial markets. Corporate spreads widened slightly over the reporting period. Volatility was muted through 2024; however, the implementation of tariffs during the first four months of 2025 caused spreads to widen materially before tightening back close to pre-tariff levels.

Fund performance for the reporting period was bolstered by holdings in corporate bonds, particularly in the industrials and financials sectors. An overweight allocation to financials partially detracted from Fund performance, as it was the worst performing long-term corporate subsector during the period. An allocation to BBB rated bonds, which are not represented in the benchmark Bloomberg Long A+ U.S. Credit Index (USD), contributed to Fund performance, as lower-quality issues outperformed higher-quality securities over the period. An allocation to U.S. Treasury detracted from Fund performance as the credit sector outperformed during the period.

Regarding the Fund's sub-advisers, MetLife Investment Management, LLC's performance for the reporting period was enhanced by an allocation to BBB rated bonds. Both Income Research + Management (IRM) and Legal & General Investment Management America, Inc. benefited from security selection in the corporate sector, while Jennison Associates' yield curve steepener contributed positively to Fund performance. Metropolitan West Asset Management, LLC's performance was bolstered by security selection in the financials sector, particularly banks.

The Fund's use of derivatives had no material impact on performance during the period.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Long Duration Credit Fund, Class A Shares | 2.60% | -3.40% | 2.13% |
| Bloomberg U.S. Aggregate Bond Index (TR) (USD) | 5.46% | -0.90% | 1.49% |
| Bloomberg Long A+ U.S. Credit Index (USD) | 2.21% | -3.60% | 1.81% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $3010429 | 1202 | $3803 | 79% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](icc9f1d515ef1aa4555f2a195.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Cash Equivalent | 1.2% |
| Sovereign Debt | 1.2% |
| Real Estate | 1.3% |
| Materials | 1.5% |
| Municipal Bonds | 3.7% |
| Consumer Discretionary | 3.8% |
| Communication Services | 5.4% |
| Consumer Staples | 5.6% |
| Energy | 6.0% |
| Information Technology | 6.1% |
| U.S. Treasury Obligations | 6.3% |
| Industrials | 7.3% |
| Health Care | 13.5% |
| Utilities | 16.9% |
| Financials | 19.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| U.S. Treasury Bonds | 4.625% | 02/15/55 | 1.4% |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide | 4.900% | 02/01/46 | 1.4% |
| Bank of America, SOFRRATE + 1.930% | 2.676% | 06/19/41 | 0.8% |
| Comcast | 2.937% | 11/01/56 | 0.8% |
| U.S. Treasury Notes | 4.250% | 05/15/35 | 0.7% |
| U.S. Treasury Bonds | 4.625% | 11/15/44 | 0.6% |
| Comcast | 2.987% | 11/01/63 | 0.6% |
| JPMorgan Chase, TSFR3M + 1.622% | 3.882% | 07/24/38 | 0.6% |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide | 4.700% | 02/01/36 | 0.6% |
| AbbVie | 4.250% | 11/21/49 | 0.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Long Duration Credit Fund

## SEI Institutional Investments Trust/Class A Shares - SLDAX

## Annual Shareholder Report: May 31, 2025

## SLDAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Ultra Short Duration Bond Fund

## SEI Institutional Investments Trust/Class A Shares - SUSAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Ultra Short Duration Bond Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Ultra Short Duration Bond Fund, Class A Shares | $14 | 0.14% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](ia3290b1171b28a4e58a3326a.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Ultra Short Duration Bond Fund, Class A Shares - $127179 | Bloomberg U.S. Aggregate Bond Index (TR) (USD) - $115957 | Bloomberg Short U.S. Treasury 9-12 Month Index (USD) - $120858 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $101008 | $102995 | $100410 |
| May/17 | $102781 | $104621 | $101053 |
| May/18 | $104524 | $104229 | $102088 |
| May/19 | $107781 | $110900 | $104761 |
| May/20 | $110420 | $121342 | $108040 |
| May/21 | $112022 | $120850 | $108317 |
| May/22 | $110655 | $110914 | $107638 |
| May/23 | $113488 | $108537 | $109461 |
| May/24 | $120397 | $109954 | $115070 |
| May/25 | $127179 | $115957 | $120858 |

---

## How did the Fund perform in the last year?
The Fund outperformed its benchmark, the Bloomberg Short U.S. Treasury 9-12 Month Index (USD), for the 12-month period ending May 31, 2025.

The Federal Reserve (Fed) surprised the markets by reducing the federal-funds rate by 50 basis points at its September 2024 meeting. The central bank subsequently implemented additional 25-basis-point cuts following its meetings in November and December 2024. The Fed then paused its rate-cutting cycle through the end of the reporting period as it continues to evaluate the effects of trade and fiscal policy on the broader economy and financial markets.

Fund performance for the reporting period benefited from an allocation to corporate bonds as spreads in the front end of the yield curve remained relatively steady despite volatility during the first five months of 2025. Allocations within asset-backed securities (ABS) benefited performance as the Fund's managers generally preferred higher-quality prime tranches within credit cards and auto loans. Non-agency mortgage-backed securities (MBS) contributed positively to performance as the sector remained supported by home-price appreciation and limited supply. A small allocation to AAA rated collateralized loan obligations (CLOs) also added to performance.

Regarding the Fund's sub-advisers, both MetLife Investment Management, LLC ("MetLife") and Wellington Management Company, LLP ("Wellington") outperformed the benchmark for the period. MetLife benefited from allocations to corporate bonds and prime credit cards and auto loans. Wellington's outperformance was attributable to an allocation to non-agency MBS, corporate bonds, and AAA rated CLOs.

The Fund's use of derivatives had no material impact on performance during the period.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Ultra Short Duration Bond Fund, Class A Shares | 5.63% | 2.87% | 2.43% |
| Bloomberg U.S. Aggregate Bond Index (TR) (USD) | 5.46% | -0.90% | 1.49% |
| Bloomberg Short U.S. Treasury 9-12 Month Index (USD) | 5.03% | 2.27% | 1.91% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $455543 | 564 | $417 | 77% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i532991e4633edb3aadf6fa34.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Real Estate | 0.1% |
| U.S. Government Agency Obligation | 0.3% |
| Materials | 0.4% |
| Communication Services | 0.7% |
| Cash Equivalent | 0.7% |
| Commercial Paper | 0.7% |
| Information Technology | 1.0% |
| Health Care | 1.5% |
| Energy | 1.5% |
| Municipal Bonds | 1.6% |
| Consumer Staples | 1.9% |
| Industrials | 2.3% |
| Consumer Discretionary | 3.2% |
| Utilities | 3.2% |
| Repurchase Agreements | 6.5% |
| U.S. Treasury Obligations | 9.4% |
| Mortgage-Backed Securities | 13.7% |
| Financials | 20.4% |
| Asset-Backed Securities | 31.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| U.S. Treasury Notes | 1.250% | 12/31/26 | 2.0% |
| U.S. Treasury Notes | 0.750% | 08/31/26 | 1.6% |
| U.S. Treasury Bills | 0.000% | 05/14/26 | 1.5% |
| U.S. Treasury Bills | 4.263% | 07/15/25 | 1.0% |
| U.S. Treasury Bills | 4.263% | 07/22/25 | 1.0% |
| U.S. Treasury Notes | 0.375% | 11/30/25 | 1.0% |
| Truist Bank, SOFRRATE + 0.590% | 4.671% | 05/20/27 | 0.9% |
| JPMorgan Chase, SOFRRATE + 0.765% | 1.470% | 09/22/27 | 0.8% |
| Morgan Stanley, SOFRRATE + 0.858% | 1.512% | 07/20/27 | 0.8% |
| Wells Fargo, TSFR3M + 1.432% | 3.196% | 06/17/27 | 0.8% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents and Short-Term Investments are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Ultra Short Duration Bond Fund

## SEI Institutional Investments Trust/Class A Shares - SUSAX

## Annual Shareholder Report: May 31, 2025

## SUSAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Emerging Markets Debt Fund

## SEI Institutional Investments Trust/Class A Shares - SEDAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Emerging Markets Debt Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI. This annual shareholder report describes changes to the Fund that occurred during the reporting period.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Emerging Markets Debt Fund, Class A Shares | $46 | 0.44% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i0ddd91d85d049790be25f9b7.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Emerging Markets Debt Fund, Class A Shares - $132466 | Bloomberg Global Aggregate Index (USD) - $109779 | 50/50 JPM EMBI Global Div & JPM GBI EM Global Div - $127574 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $98229 | $105320 | $99863 |
| May/17 | $110199 | $106129 | $110851 |
| May/18 | $111544 | $107957 | $111175 |
| May/19 | $113364 | $111293 | $115514 |
| May/20 | $113676 | $117519 | $117000 |
| May/21 | $127367 | $122769 | $127933 |
| May/22 | $107436 | $106549 | $107658 |
| May/23 | $108742 | $101777 | $108522 |
| May/24 | $120429 | $102564 | $117219 |
| May/25 | $132466 | $109779 | $127574 |

---

## How did the Fund perform in the last year?
The Fund outperformed its performance benchmark, a 50%/50% blend of the JPM EMBI Global Diversified Index and the JPM GBI-EM Global Diversified Index, for the 12-month period ending May 31, 2025.

Over the reporting period, in hard-currency emerging markets, high-yield bonds outperformed investment-grade securities. Local-currency markets also garnered positive returns due mainly to a rally in local rates. Emerging-market currencies recorded modestly positive returns during the period, as most currencies depreciated against the U.S. dollar.

Among the Fund's sub-advisers, Marathon Asset Management ("Marathon"), Grantham Mayo van Otterloo ("GMO"), and Neuberger Berman Investment Advisers ("Neuberger") (which was terminated in December 2024) added value through high-yield exposure, particularly to Argentina and Venezuela. Marathon also benefited from strong security selection and overweights to Peru and Mexico.

Local-currency sub-adviser Ninety One UK Ltd. ("Ninety One") (terminated in December 2024) outperformed the Fund's blended benchmark, bolstered by underweight allocations to South Africa and Mexico. This was partly offset by the negative impact of the exposure to Brazil. Colchester Global Investors underperformed as emerging-market currencies depreciated over the reporting period, most notably in the Latin America region, where the sub-adviser had an overweight position.

New local-currency managers Artisan Partners Limited Partnership ("Artisan") and Invesco Advisers ("Invesco"), both of which were added as Fund sub-advisers in December 2024, saw gains from Brazilian and Mexican exposures, which performed well against the U.S. dollar during the period. However, Turkish rates and currency exposure detracted from performance, particularly for Invesco.

Regarding the use of derivatives over the reporting period, the Fund employed currency forwards and interest rate swaps to manage active currency and duration exposures. Currency forwards and interest rate swaps had a positive impact on Fund performance, with effects varying by country, depending on local-rate and currency moves.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Emerging Markets Debt Fund, Class A Shares | 10.00% | 3.11% | 2.85% |
| Bloomberg Global Aggregate Index (USD) | 7.03% | -1.35% | 0.94% |
| 50/50 JPM EMBI Global Div & JPM GBI EM Global Div | 8.83% | 1.75% | 2.47% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $1676351 | 979 | $6308 | 142% |

---

## What did the Fund invest in?

### Asset/Country Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i8fe9a507e1019be312810250.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Forward Contracts | -0.2% |
| Written Options | -0.1% |
| Credit Default Swaps | 0.0% |
| Written Swaptions | 0.0% |
| Futures Contracts | 0.0% |
| Total Return Swaps | 0.0% |
| Purchased Options | 0.1% |
| Interest Rate Swaps | 0.3% |
| Other Countries | 40.3% |
| Romania | 2.4% |
| Egypt | 2.5% |
| Supranational | 2.7% |
| Peru | 3.1% |
| Poland | 3.4% |
| Brazil | 3.9% |
| Turkey | 4.1% |
| Colombia | 4.9% |
| Malaysia | 5.9% |
| South Africa | 6.2% |
| Indonesia | 7.3% |
| Mexico | 8.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets |
| Malaysia Government Bond, MYR | 3.955% | 09/15/25 | 1.1% |
| Indonesia Treasury Bond | 6.750% | 07/15/35 | 1.1% |
| U.S. Treasury Notes, USBMMY3M + 0.160% | 4.456% | 04/30/27 | 1.0% |
| Republic of South Africa Government Bond, ZAR | 8.750% | 01/31/44 | 0.9% |
| Mexican Bonos | 8.500% | 03/02/28 | 0.9% |
| Peru Government Bond | 5.400% | 08/12/34 | 0.8% |
| Petroleos Mexicanos | 7.690% | 01/23/50 | 0.8% |
| Republic of South Africa Government Bond | 9.000% | 01/31/40 | 0.8% |
| Republic of South Africa Government International Bond | 5.750% | 09/30/49 | 0.8% |
| Mexican Bonos | 8.500% | 03/01/29 | 0.7% |

---

## Material Fund Changes
Artisan and Invesco replaced Neuberger and Ninety One as Fund sub-advisers in December 2024. In addition, during the reporting period, the Advisory fee for the Fund was reduced.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Emerging Markets Debt Fund

## SEI Institutional Investments Trust/Class A Shares - SEDAX

## Annual Shareholder Report: May 31, 2025

## SEDAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Real Return Fund

## SEI Institutional Investments Trust/Class A Shares - RRPAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Real Return Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Real Return Fund, Class A Shares | $2 | 0.02% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](iafd3d3ce3cbf52077890fb93.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Real Return Fund, Class A Shares - $130721 | Bloomberg U.S. Aggregate Bond Index (TR) (USD) - $115957 | Bloomberg 1-5 Year U.S. TIPS Index (USD) - $131355 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $100521 | $102995 | $100678 |
| May/17 | $102287 | $104621 | $102524 |
| May/18 | $102776 | $104229 | $103059 |
| May/19 | $105683 | $110900 | $105969 |
| May/20 | $109323 | $121342 | $109725 |
| May/21 | $117201 | $120850 | $117787 |
| May/22 | $119618 | $110914 | $120318 |
| May/23 | $117116 | $108537 | $117856 |
| May/24 | $122093 | $109954 | $122795 |
| May/25 | $130721 | $115957 | $131355 |

---

## How did the Fund perform in the last year?
The Fund performed in line with its benchmark, the Bloomberg 1-5 Year U.S. TIPS Index (USD), for the 12-month period ending May 31, 2025.

The Bloomberg 1-5 Year U.S. TIPS Index (USD) returned 6.97% over the reporting period, outperforming the comparable Bloomberg 1-5 Year U.S.Treasury Index (USD), which returned 6.07%. The outperformance of the the Bloomberg 1-5 Year U.S. TIPS Index (USD) was driven primarily by a significant decline in short-dated real U.S. Treasury yields (yields after adjusting for inflation). The 2-year real yield fell 134 basis points (bps) over the reporting period and the 5-year real yield declined by 59 bps, providing strong price support to inflation-linked securities. In contrast, longer-dated real U.S. Treasury yields rose modestly, leading to a steepening of the real yield curve (in which the spread between short- and long-term yields increases).

The breakeven inflation rate (the difference between the nominal yield on a fixed-rate bond and the real yield on an inflation-linked bond) widened slightly at the front end of the U.S. Treasury yield curve during the reporting period, with 2-year breakevens rising by 35 bps, suggesting modest repricing of near-term inflation expectations. The 5-year breakeven yield curve was little changed, and longer-dated breakevens were broadly stable to slightly narrower. Overall, the inflation risk premium was largely unchanged, reinforcing the idea that performance was dominated by real yield compression (a decrease in the real yield of a bond) rather than breakeven expansion.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Real Return Fund, Class A Shares | 7.07% | 3.64% | 2.72% |
| Bloomberg U.S. Aggregate Bond Index (TR) (USD) | 5.46% | -0.90% | 1.49% |
| Bloomberg 1-5 Year U.S. TIPS Index (USD) | 6.97% | 3.66% | 2.76% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $254149 | 21 | $- | 34% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i986879cd2c635c2e0d37aa18.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| U.S. Treasury Obligations | 99.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets |
| U.S. Treasury Inflation Indexed Bonds | 1.625% | 10/15/29 | 6.8% |
| U.S. Treasury Inflation Indexed Bonds | 2.125% | 04/15/29 | 6.7% |
| U.S. Treasury Inflation-Protected Securities | 2.375% | 10/15/28 | 6.4% |
| U.S. Treasury Inflation-Protected Securities | 1.625% | 10/15/27 | 6.2% |
| U.S. Treasury Inflation-Protected Securities | 1.250% | 04/15/28 | 6.0% |
| U.S. Treasury Inflation-Protected Securities | 0.125% | 04/15/27 | 6.0% |
| U.S. Treasury Inflation-Protected Securities | 0.125% | 10/15/26 | 5.9% |
| U.S. Treasury Inflation-Protected Securities | 0.500% | 01/15/28 | 5.4% |
| U.S. Treasury Inflation-Protected Securities | 0.375% | 07/15/27 | 5.3% |
| U.S. Treasury Inflation-Protected Securities | 0.125% | 01/15/30 | 5.3% |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Real Return Fund

## SEI Institutional Investments Trust/Class A Shares - RRPAX

## Annual Shareholder Report: May 31, 2025

## RRPAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Limited Duration Bond Fund

## SEI Institutional Investments Trust/Class A Shares - SLDBX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Limited Duration Bond Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Limited Duration Bond Fund, Class A Shares | $11 | 0.11%<sup>Footnote Reference(1)</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(1) | &nbsp;&nbsp;The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.10%. |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i3e2764324ca166d87bfb930a.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Limited Duration Bond Fund, Class A Shares - $123523 | Bloomberg U.S. Aggregate Bond Index (TR) (USD) - $115957 | ICE BofA 1-3 Year U.S. Treasury Index (USD) - $116608 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $101263 | $102995 | $100729 |
| May/17 | $102492 | $104621 | $101304 |
| May/18 | $103321 | $104229 | $101288 |
| May/19 | $107029 | $110900 | $104773 |
| May/20 | $111463 | $121342 | $109571 |
| May/21 | $113575 | $120850 | $109849 |
| May/22 | $110387 | $110914 | $106680 |
| May/23 | $111309 | $108537 | $106715 |
| May/24 | $116277 | $109954 | $110372 |
| May/25 | $123523 | $115957 | $116608 |

---

## How did the Fund perform in the last year?
The Fund outperformed its benchmark, the ICE BofA 1-3 Year U.S. Treasury Index (USD)—which tracks the performance of the direct sovereign debt of the U. S. government with a maturity of at least one year and less than three years—for the 12-month period ending May 31, 2025.

The Federal Reserve (Fed) surprised the markets by reducing the federal-funds rate by 50 basis points at its September 2024 meeting. The central bank subsequently implemented additional 25-basis-point cuts following its meetings in November and December 2024. The Fed then paused its rate-cutting cycle through the end of the reporting period as it continues to evaluate the effects of trade and fiscal policy on the broader economy and financial markets.

Fund performance for the reporting period benefited from holdings in spread sectors. An allocation to corporate bonds contributed to Fund performance as spreads in the front end of the yield curve remained relatively steady despite volatility during the first five months of 2025. Allocations to asset-backed securities (ABS) also contributed positively to performance. Despite interest-rate volatility, agency mortgage-backed securities (MBS) performed well during the reporting period. Consequently, the Fund's positioning and security selection in the sector bolstered performance. Additionally, positions in commercial mortgage-backed securities (CMBS), enhanced Fund performance, with the managers preferring senior tranches. A small allocation to AAA rated collateralized loan obligations (CLOs) also had a positive impact on performance.

Regarding the Fund's sub-advisers, both MetLife Investment Management, LLC ("MetLife") and Metropolitan West Asset Management, LLC ("MetWest") outperformed the benchmark ICE BofA 1-3 Year U.S. Treasury Index (USD) for the reporting period. MetLife benefitted from allocations to corporate bonds and prime credit cards and auto loans. MetWest's outperformance was attributable to allocations to agency MBS and corporate bonds.

The Fund's use of derivatives had no material impact on performance during the reporting period.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Limited Duration Bond Fund, Class A Shares | 6.23% | 2.08% | 2.14% |
| Bloomberg U.S. Aggregate Bond Index (TR) (USD) | 5.46% | -0.90% | 1.49% |
| ICE BofA 1-3 Year U.S. Treasury Index (USD) | 5.65% | 1.25% | 1.55% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $1967138 | 471 | $1695 | 289% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i75a4acb9ea176969e211afd1.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Purchased Swaption | 0.0% |
| Energy | 0.1% |
| Materials | 0.2% |
| Communication Services | 0.4% |
| Sovereign Debt | 0.5% |
| U.S. Government Agency Obligation | 0.7% |
| Health Care | 0.8% |
| Real Estate | 1.1% |
| Information Technology | 1.5% |
| Municipal Bonds | 1.9% |
| Consumer Discretionary | 2.1% |
| Consumer Staples | 2.8% |
| Utilities | 2.9% |
| Industrials | 3.7% |
| Cash Equivalent | 6.6% |
| Financials | 13.0% |
| Mortgage-Backed Securities | 19.7% |
| Asset-Backed Securities | 21.0% |
| U.S. Treasury Obligations | 32.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| U.S. Treasury Notes | 3.875% | 05/31/27 | 6.0% |
| U.S. Treasury Notes | 3.250% | 06/30/27 | 5.6% |
| U.S. Treasury Notes | 2.500% | 03/31/27 | 5.2% |
| U.S. Treasury Notes | 0.500% | 10/31/27 | 4.2% |
| U.S. Treasury Notes | 3.125% | 08/31/27 | 3.5% |
| U.S. Treasury Notes | 3.750% | 05/15/28 | 2.9% |
| U.S. Treasury Notes | 3.625% | 05/31/28 | 2.5% |
| U.S. Treasury Notes | 1.250% | 12/31/26 | 2.2% |
| UMBS | 5.000% | 06/15/40 | 1.1% |
| UMBS | 4.500% | 06/15/40 | 1.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Limited Duration Bond Fund

## SEI Institutional Investments Trust/Class A Shares - SLDBX

## Annual Shareholder Report: May 31, 2025

## SLDBX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Intermediate Duration Credit Fund

## SEI Institutional Investments Trust/Class A Shares - SIDCX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Intermediate Duration Credit Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Intermediate Duration Credit Fund, Class A Shares | $14 | 0.14% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i6b8b1cff16751df3790d894c.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | Intermediate Duration Credit Fund, Class A Shares - $127367 | Bloomberg U.S. Aggregate Bond Index (TR) (USD) - $115957 | Bloomberg A+ U.S. Credit Index (USD) - $122728 |
| May/15 | $100000 | $100000 | $100000 |
| May/16 | $104162 | $102995 | $104289 |
| May/17 | $107681 | $104621 | $106705 |
| May/18 | $107830 | $104229 | $106572 |
| May/19 | $115378 | $110900 | $113992 |
| May/20 | $128059 | $121342 | $125995 |
| May/21 | $131002 | $120850 | $127286 |
| May/22 | $118483 | $110914 | $115213 |
| May/23 | $116445 | $108537 | $113121 |
| May/24 | $120678 | $109954 | $116479 |
| May/25 | $127367 | $115957 | $122728 |

---

## How did the Fund perform in the last year?
The Fund modestly outperformed its benchmark, the Bloomberg A+ U.S. Credit Index (USD)—which tracks the performance of fixed-income securities with one of the three highest credit ratings—for the 12-month period ending May 31, 2025.

The Federal Reserve (Fed) surprised the markets by reducing the federal-funds rate by 50 basis points at its September 2024 meeting. The central bank subsequently implemented additional 25-basis-point cuts following its meetings in November and December 2024. The Fed then paused its rate-cutting cycle through the end of the reporting period as it continues to evaluate the effects of trade and fiscal policy on the broader economy and financial markets. Corporate spreads widened slightly over the reporting period. Volatility was muted through 2024; however, the implementation of tariffs during the first four months of 2025 caused spreads to widen materially before tightening back close to pre-tariff levels.

Fund performance for the period was enhanced by holdings in corporate bonds, particularly in the industrials and financials sectors, as well as an overweight allocation to the financials sector. An allocation to BBB rated securities contributed to Fund performance as lower-quality issues outperformed higher-quality securities over the reporting period. The Fund's position in U.S. Treasurys, which are not represented in the benchmark Bloomberg A+ U.S. Credit Index (USD), detracted from performance.

Among the Fund's sub-advisers, MetLife Investment Management, LLC benefited from an allocation to BBB rated credits. The performance of both Income Research + Management (IRM) and Legal & General Investment Management America, Inc. (LGIM) was bolstered by corporate credit selection in financial and utility sectors.

The Fund's use of derivatives had no material impact on performance for the reporting period.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Intermediate Duration Credit Fund, Class A Shares | 5.54% | -0.11% | 2.45% |
| Bloomberg U.S. Aggregate Bond Index (TR) (USD) | 5.46% | -0.90% | 1.49% |
| Bloomberg A+ U.S. Credit Index (USD) | 5.36% | -0.52% | 2.07% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $4123796 | 1021 | $4896 | 130% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i29481ee2e4e674df58fea5ac.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Sovereign Debt | 0.5% |
| Cash Equivalent | 1.5% |
| Materials | 2.2% |
| Municipal Bonds | 2.6% |
| Real Estate | 2.8% |
| Information Technology | 3.4% |
| Consumer Discretionary | 3.8% |
| Communication Services | 4.0% |
| Energy | 4.6% |
| Consumer Staples | 5.7% |
| Industrials | 7.5% |
| Health Care | 7.7% |
| U.S. Treasury Obligations | 7.8% |
| Utilities | 11.6% |
| Financials | 34.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| U.S. Treasury Notes | 4.250% | 05/15/35 | 1.1% |
| U.S. Treasury Notes | 3.750% | 05/15/28 | 1.0% |
| U.S. Treasury Bonds | 4.625% | 02/15/55 | 1.0% |
| U.S. Treasury Notes | 3.750% | 04/15/28 | 0.9% |
| U.S. Treasury Notes | 4.250% | 01/15/28 | 0.6% |
| Bank of America, SOFRRATE + 1.930% | 2.676% | 06/19/41 | 0.5% |
| U.S. Treasury Notes | 3.875% | 04/30/30 | 0.5% |
| Goldman Sachs Group, SOFRRATE + 1.248% | 2.383% | 07/21/32 | 0.5% |
| U.S. Treasury Bonds | 5.000% | 05/15/45 | 0.4% |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide | 4.900% | 02/01/46 | 0.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Intermediate Duration Credit Fund

## SEI Institutional Investments Trust/Class A Shares - SIDCX

## Annual Shareholder Report: May 31, 2025

## SIDCX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Dynamic Asset Allocation Fund

## SEI Institutional Investments Trust/Class A Shares - SDLAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Dynamic Asset Allocation Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Dynamic Asset Allocation Fund, Class A Shares | $3 | 0.03% |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i341cdb7b085fec9d8c920f48.jpg)

---

| | | |
|:---|:---|:---|
| | Dynamic Asset Allocation Fund, Class A Shares - $324011 | S&P 500 Index (TR) - $335352 |
| May/15 | $100000 | $100000 |
| May/16 | $99678 | $101716 |
| May/17 | $118789 | $119484 |
| May/18 | $131649 | $136671 |
| May/19 | $132630 | $141841 |
| May/20 | $148349 | $160050 |
| May/21 | $215421 | $224579 |
| May/22 | $221894 | $223907 |
| May/23 | $221396 | $230448 |
| May/24 | $279727 | $295404 |
| May/25 | $324011 | $335352 |

---

## How did the Fund perform in the last year?
The Fund outperformed its benchmark, the broad-market S&P 500 Index (TR)—a market-weighted index that tracks the performance of the 500 largest publicly traded U.S. companies and is considered representative of the broad U.S. stock market—for the 12-month period ending May 31, 2025.

Interest rate positions were the largest contributors to the Fund's outperformance relative to the benchmark for the reporting period, attributable mainly to two yield curve steepeners. Yield curve steepeners benefit when the yield spread between short- and long-maturity U.S. Treasury securities increases. During the period, short-term yields were relatively anchored, while longer-term Treasury yields moved higher. The Fund held two U.S. consumer-price index (CPI) swaps, which in aggregate contributed positively to relative performance as inflation expectations rose over the reporting period. Two short-term U.S. interest rate positions based on the one-year Treasury note yield also enhanced Fund performance. These positions benefitted from market expectations for Federal Reserve interest rate cuts were tempered (the central bank implemented fewer rate cuts than previously expected).

The Fund's currency positions largely detracted from relative performance over the reporting period. A euro versus U.S. dollar put option, a euro versus Japanese yen put option, and a Chinese yuan put option all weighed on Fund performance over the period. A position in broad commodities had a modestly positive impact as performance was mixed across commodities markets. Weakness in economically sensitive sectors such as energy and industrial metals was largely offset by strength in the precious metals sectors.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Dynamic Asset Allocation Fund, Class A Shares | 15.83% | 16.91% | 12.47% |
| S&P 500 Index (TR) | 13.52% | 15.94% | 12.86% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $1684842 | 535 | $169 | 26% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i1397e1169a8a079470dcca9f.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Written Options | -0.1% |
| Written Swaptions | -0.1% |
| Cross-Currency Swaps | 0.0% |
| Purchased Options | 0.2% |
| Purchased Swaption | 0.4% |
| Futures Contracts | 0.8% |
| Cash Equivalent | 1.2% |
| Materials | 1.5% |
| Real Estate | 1.7% |
| Utilities | 1.9% |
| Energy | 2.3% |
| Consumer Staples | 4.6% |
| Interest Rate Swaps | 4.6% |
| Industrials | 6.8% |
| Communication Services | 7.4% |
| Health Care | 7.4% |
| Consumer Discretionary | 8.2% |
| Financials | 11.1% |
| Information Technology | 24.6% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| Holding Name | Percentage of Total Net Assets<sup>Footnote Reference(A)</sup> |
| Microsoft Corp | 5.3% |
| NVIDIA Corp | 5.1% |
| Apple Inc | 4.7% |
| Amazon.com Inc | 3.0% |
| Meta Platforms Inc, Cl A | 2.2% |
| Broadcom Inc | 1.8% |
| Alphabet Inc, Cl A | 1.5% |
| Interest Rate Swap 4.35% 11/02/2031 | 1.5% |
| Tesla Inc | 1.5% |
| Berkshire Hathaway Inc, Cl B | 1.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(A) | &nbsp;&nbsp;Cash Equivalents are not shown in the top ten chart. |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Dynamic Asset Allocation Fund

## SEI Institutional Investments Trust/Class A Shares - SDLAX

## Annual Shareholder Report: May 31, 2025

## SDLAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)

# Annual Shareholder Report: May 31, 2025
![Image](ib38cf8977050a81ec842ca85.jpg)

## Multi-Asset Real Return Fund

## SEI Institutional Investments Trust/Class A Shares - SEIAX

## Fund Overview
This annual shareholder report contains important information about Class A Shares of the Multi-Asset Real Return Fund (the "Fund") for the period from June 1, 2024 to May 31, 2025. You can find additional information about the Fund at https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports. You can also request this information by contacting us at 1-800-DIAL-SEI.

## What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Multi-Asset Real Return Fund, Class A Shares | $60 | 0.59%<sup>Footnote Reference(1)</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote(1) | &nbsp;&nbsp;The expense ratio includes dividend, interest, and proxy fee expense. Had this expense been excluded the ratio would have been 0.21%. |

---

## How did the Fund perform during the last 10 years?

### Total Return Based on $100,000 Investment
![Growth Chart](i78fee3c688d9e52955f94792.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Multi-Asset Real Return Fund, Class A Shares - $130615 | Bloomberg U.S. Aggregate Bond Index (TR) (USD) - $115957 | Bloomberg 1-5 Year U.S. TIPS Index (USD) - $131355 | Bloomberg 1-5 Year U.S. TIPS Index (70%)/Bloomberg Commodity Index Total Return Index (20%)/S&P 500 Index (10%) - $145523 |
| May/15 | $100000 | $100000 | $100000 | $100000 |
| May/16 | $96806 | $102995 | $100678 | $98293 |
| May/17 | $95979 | $104621 | $102524 | $100424 |
| May/18 | $97366 | $104229 | $103059 | $104373 |
| May/19 | $97399 | $110900 | $105969 | $104251 |
| May/20 | $94103 | $121342 | $109725 | $104557 |
| May/21 | $107437 | $120850 | $117787 | $122914 |
| May/22 | $124409 | $110914 | $120318 | $134241 |
| May/23 | $116891 | $108537 | $117856 | $126414 |
| May/24 | $125392 | $109954 | $122795 | $136410 |
| May/25 | $130615 | $115957 | $131355 | $145523 |

---

## How did the Fund perform in the last year?
The Fund underperformed its benchmark, the Bloomberg 1-5 Year U.S. TIPS Index (USD), for the 12-month period ending May 31, 2025.

The majority of the Fund's underperformance relative to its benchmark for the reporting period was attributable to its commodities exposure, which saw mixed performance. The Fund's equity long/short strategy detracted from performance as inflation moderated, with less inflation-sensitive sectors generally outperforming those with greater inflation-sensitivity. At the sector level, the Fund's short exposure to consumer discretionary challenged performance as the job market remained robust and consumers continued to spend on non-essential goods and services. Holdings in the energy sector detracted from Fund performance due to pressured crude oil prices. The Fund's TIPS plus (Treasury Inflation-Protected Securities) allocation contributed positively to performance, benefiting from its credit exposure.

Among the Fund's sub-advisers, Columbia Management Investment Advisers and UBS Asset Management underperformed the benchmark due to mixed performance for commodities. Equity long/short manager Franklin Advisers, Inc. also underperformed the benchmark as less inflation-sensitive sectors outperformed. Conversely, AllianceBernstein L.P benefited from its overweight credit exposure amid tighter credit spreads, especially in below-investment-grade bonds.

Regarding the use of derivatives during the reporting period, the Fund employed equity-index futures to hedge broad equity-market exposure; equity-index sector futures to obtain strategic exposure to equity-index sectors; bond futures and interest-rate swaps to hedge duration; credit default swaps (CDS) to hedge credit risk; and commodity futures to obtain diversified strategic exposure to commodities. The Fund's allocation to commodity futures and exposure to equity-index sector futures contributed to performance. The exposures obtained through interest-rate swaps, CDS, equity-index futures, and bond futures detracted from Fund performance for the period, but provided the intended hedging.

## Average Annual Total Returns as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Fund/Index Name | 1 Year | 5 Years | 10 Years |
| Multi-Asset Real Return Fund, Class A Shares | 4.17% | 6.78% | 2.71% |
| Bloomberg U.S. Aggregate Bond Index (TR) (USD) | 5.46% | -0.90% | 1.49% |
| Bloomberg 1-5 Year U.S. TIPS Index (USD) | 6.97% | 3.66% | 2.76% |
| Bloomberg 1-5 Year U.S. TIPS Index (70%)/Bloomberg Commodity Index Total Return Index (20%)/S&P 500 Index (10%) | 6.68% | 6.84% | 3.82% |

---

The line graph represents historical performance of a hypothetical investment of $100,000 in the Fund during the last 10 years. Returns shown are total returns, which assume the reinvestment of dividends and capital gains. The table and graph presented above do not reflect the deduction of taxes a shareholder would pay on Fund distributions or the redemption of Fund Shares. Past performance is not indicative of future performance.

## Key Fund Statistics as of May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| Total Net Assets (000's) | Number of Holdings | Total Advisory Fees Paid (000's) | Portfolio Turnover Rate |
| $781955 | 1224 | $1370 | 41% |

---

## What did the Fund invest in?

### Asset/Sector Weightings<sup>Footnote Reference \*</sup>
![Holdings Chart](i1453b851a2d0c8f8d2dc1633.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | -1.0% |
| Information Technology | -0.4% |
| Rights | 0.0% |
| Forwards | 0.0% |
| Credit Default Swaps | 0.0% |
| Industrials | 0.0% |
| Sovereign Debt | 0.1% |
| Interest Rate Swaps | 0.3% |
| U.S. Government Agency Obligations | 1.3% |
| Utilities | 1.4% |
| Communication Services | 1.8% |
| Real Estate | 2.9% |
| Mortgage-Backed Securities | 2.9% |
| Asset-Backed Securities | 3.3% |
| Health Care | 5.3% |
| Corporate Obligations | 6.4% |
| Energy | 7.0% |
| Consumer Staples | 7.2% |
| U.S. Treasury Obligations | 54.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | | | |
|:---|:---|:---|:---|
| Holding Name | Coupon Rate | Maturity Date | Percentage of Total Net Assets |
| U.S. Treasury Inflation-Protected Securities | 0.375% | 07/15/27 | 18.0% |
| U.S. Treasury Inflation-Protected Securities | 0.250% | 07/15/29 | 14.5% |
| U.S. Treasury Inflation-Protected Securities | 0.750% | 07/15/28 | 2.8% |
| U.S. Treasury Bills | 4.229% | 06/20/25 | 2.1% |
| U.S. Treasury Inflation-Protected Securities | 0.125% | 07/15/30 | 2.0% |
| Exxon Mobil Corp |  |  | 1.8% |
| U.S. Treasury Bills | 4.248% | 07/24/25 | 1.4% |
| U.S. Treasury Bills | 4.257% | 06/12/25 | 1.4% |
| U.S. Treasury Notes, USBMMY3M + 0.170% | 4.471% | 10/31/25 | 1.2% |
| Microsoft Corp |  |  | 1.1% |

---

## Material Fund Changes
There were no material fund changes during the reporting period.

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund; including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-800-DIAL-SEI 

* https://www.seic.com/mutual-fund-documentation/prospectuses-and-reports 

* https://www.seic.com/mutual-fund-documentation/proxy-voting 

## Multi-Asset Real Return Fund

## SEI Institutional Investments Trust/Class A Shares - SEIAX

## Annual Shareholder Report: May 31, 2025

## SEIAX-AR-2025
![Image](ib38cf8977050a81ec842ca85.jpg)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

**Item 2. Code of Ethics.**

The Registrant has adopted a code of ethics that applies to the Registrant's principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions.

**Item 3. Audit Committee Financial Expert.**

(a)(1) The Registrant's Board of Trustees has determined that the Registrant has one audit committee financial expert serving on the audit committee.

(a)(2) The audit committee financial expert is Susan C. Cote. Ms. Cote is independent as defined in Form N-CSR Item 3 (a) (2).

**Item 4. Principal Accountant Fees and Services.**

Fees billed by KPMG LLP ("KPMG") related to the Registrant.

KPMG billed the Registrant aggregate fees for services rendered to the Registrant for the fiscal years 2025 and 2024 as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Fiscal Year 2025** | **Fiscal Year 2025** | **Fiscal Year 2025** | **Fiscal Year 2024** | **Fiscal Year 2024** | **Fiscal Year 2024** |
| | | All fees and services to the Registrant that were pre-approved | All fees and services to service affiliates that were pre-approved | All other fees and services to service affiliates that did not require pre-approval | All fees and services to the Registrant that were pre-approved | All fees and services to service affiliates that were pre-approved | All other fees and services to service affiliates that did not require pre-approval |
| (a) | Audit Fees(1) | $950000 | $0 | N/A | $1132895 | $0 | N/A |
| (b) | Audit-Related Fees | $0<br>| $0 | $0 | $0<br>| $0 | $0 |
| (c) | Tax Fees | $0 | $0 | $0 | $0 | $0 | $0 |
| (d) | All Other Fees(2) | $0 | $360799 | $0 | $0 | $363759 | $0 |

---

Notes:

&nbsp;&nbsp;&nbsp;&nbsp;(1) Audit fees include amounts related to the audit of the Registrant's annual financial statements and services normally provided by
 the accountant in connection with statutory and regulatory filings.

&nbsp;&nbsp;&nbsp;&nbsp;(2) See Item 4(g) for a description of the services comprising the fees disclosed in this category.

(e)(1) The Registrant's Audit Committee has adopted and the Board of Trustees has ratified an Audit and Non-Audit Services Pre-Approval Policy (the "Policy"), which sets forth the procedures and the conditions pursuant to which services proposed to be performed by the independent auditor of the Registrant may be pre-approved. In any instance where services require pre-approval, the Audit Committee will consider whether such services are consistent with SEC's rules on auditor independence and whether the provision of such services would compromise the auditor's independence.

The Policy provides that all requests or applications for proposed services to be provided by the independent auditor must be submitted to the Registrant's Chief Financial Officer ("CFO") and must include a detailed description of the services proposed to be rendered. The CFO will determine whether such services: (1) require specific pre-approval; (2) are included within the list of services that have received the general pre-approval of the Audit Committee pursuant to the Policy; or (3) have been previously pre-approved in connection with the independent auditor's annual engagement letter for the applicable year or otherwise.

Requests or applications to provide services that require specific pre-approval by the Audit Committee will be submitted to the Audit Committee by the CFO. The Audit Committee has delegated specific pre-approval authority to either the Audit Committee Chair or financial experts, provided that the estimated fee for any such proposed pre-approved service does not exceed $100,000 and any pre-approval decisions are reported to the Audit Committee at its next regularly scheduled meeting.

Services that have received the general pre-approval of the Audit Committee are identified and described in the Policy. In addition, the Policy sets forth a maximum fee per engagement with respect to each identified service that has received general pre-approval. The Audit Committee will annually review and pre-approve the services that may be provided by the independent auditor during the following twelve months without obtaining specific pre-approval from the Audit Committee.

The Audit Committee will be informed by the CFO on a quarterly basis of all services rendered by the independent auditor.

All services to be provided by the independent auditor shall be provided pursuant to a signed written engagement letter with the Registrant, the investment advisor or applicable control affiliate (except that matters as to which an engagement letter would be impractical because of timing issues or because the matter is small may not be the subject of an engagement letter) that sets forth both the services to be provided by the independent auditor and the total fees (or the manner of their determination) to be paid to the independent auditor for those services.

In addition, the Audit Committee has determined to take additional measures on an annual basis to meet its responsibility to oversee the work of the independent auditor and to assure the auditor's independence from the Registrant, such as reviewing a formal written statement from the independent auditor delineating all relationships between the independent auditor and the Registrant, and discussing with the independent auditor its methods and procedures for ensuring independence.

(e)(2) Percentage of fees billed applicable to non-audit services pursuant to waiver of pre-approval requirement were as follows:

---

| | | |
|:---|:---|:---|
| | **Fiscal Year 2025** | **Fiscal Year 2024** |
| Audit-Related Fees | 0% | 0% |
| Tax Fees | 0% | 0% |
| All Other Fees | 0% | 0% |

---

(f) Not Applicable.

(g) The aggregate non-audit fees and services billed by KPMG for the fiscal years 2025 and 2024 were $360,799 and $363,759, respectively. Non-audit fees consist of SSAE No. 16 review of fund accounting and administration operations and an attestation report in accordance with Rule 17Ad-13.

(h) During the past fiscal year, Registrant's principal accountant provided certain non-audit services to Registrant's investment adviser or to entities controlling, controlled by, or under common control with Registrant's investment adviser that provide ongoing services to Registrant that were not subject to pre-approval pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X. The Audit Committee of Registrant's Board of Trustees reviewed and considered these non-audit services provided by Registrant's principal accountant to Registrant's affiliates, including whether the provision of these non-audit services is compatible with maintaining the principal accountant's independence.

(i) Not Applicable.

(j) Not Applicable.

**Item 5. Audit Committee of Listed Registrants.**

Not applicable.

**Item 6. Schedule of Investments.**

(a) The Schedules of Investments and Consolidated Schedules of Investments are included as part of the Financial Statements and Financial Highlights filed under Item 7 of this form.

(b) In accordance with Section 13(c) of the Investment Company Act of 1940, the Screened World Equity Ex-US Fund did not hold any divested securities during the fiscal year ended May 31, 2025.

**Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.**

Financial statements and financial highlights are filed herein.

![](fp0094596-1_1.jpg)

May 31, 2025

**Annual Financials and Other Information** 

SEI Institutional Investments Trust

❯ Large Cap Fund

---

| | |
|:---|:---|
| **❯** | Large Cap Disciplined Equity Fund  |

---

---

| | |
|:---|:---|
| **❯** | Large Cap Index Fund  |

---

---

| | |
|:---|:---|
| **❯** | S&P 500 Index Fund  |

---

---

| | |
|:---|:---|
| **❯** | Extended Market Index Fund  |

---

---

| | |
|:---|:---|
| **❯** | Small Cap Fund  |

---

---

| | |
|:---|:---|
| **❯** | Small Cap II Fund  |

---

---

| | |
|:---|:---|
| **❯** | Small/Mid Cap Equity Fund  |

---

---

| | |
|:---|:---|
| **❯** | U.S. Equity Factor Allocation Fund  |

---

---

| | |
|:---|:---|
| **❯** | U.S. Managed Volatility Fund  |

---

---

| | |
|:---|:---|
| **❯** | Global Managed Volatility Fund  |

---

---

| | |
|:---|:---|
| **❯** | World Equity Ex-US Fund  |

---

---

| | |
|:---|:---|
| **❯** | Screened World Equity Ex-US Fund  |

---

❯ Emerging Markets Equity Fund

---

| | |
|:---|:---|
| **❯** | Opportunistic Income Fund  |

---

---

| | |
|:---|:---|
| **❯** | Core Fixed Income Fund  |

---

---

| | |
|:---|:---|
| **❯** | High Yield Bond Fund  |

---

---

| | |
|:---|:---|
| **❯** | Long Duration Fund  |

---

---

| | |
|:---|:---|
| **❯** | Long Duration Credit Fund  |

---

---

| | |
|:---|:---|
| **❯** | Ultra Short Duration Bond Fund  |

---

---

| | |
|:---|:---|
| **❯** | Emerging Markets Debt Fund  |

---

---

| | |
|:---|:---|
| **❯** | Real Return Fund  |

---

---

| | |
|:---|:---|
| **❯** | Limited Duration Bond Fund  |

---

---

| | |
|:---|:---|
| **❯** | Intermediate Duration Credit Fund  |

---

---

| | |
|:---|:---|
| **❯** | Dynamic Asset Allocation Fund  |

---

---

| | |
|:---|:---|
| **❯** | Multi-Asset Real Return Fund  |

---

**seic.com**

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| Financial Statements (Form N-CSR Item 7) |  |
| &nbsp;&nbsp;&nbsp; Schedules of Investments/Consolidated Schedules of Investments  | &nbsp;&nbsp;&nbsp; 1 |
| &nbsp;&nbsp;&nbsp; Glossary  | &nbsp;&nbsp;&nbsp; 368 |
| &nbsp;&nbsp;&nbsp; Statements of Assets and Liabilities/Consolidated Statements of Assets and Liabilities  | &nbsp;&nbsp;&nbsp; 370 |
| &nbsp;&nbsp;&nbsp; Statements of Operations/Consolidated Statements of Operations  | &nbsp;&nbsp;&nbsp; 376 |
| &nbsp;&nbsp;&nbsp; Statements of Changes in Net Assets/Consolidated Statements of Changes in Net Assets  | &nbsp;&nbsp;&nbsp; 382 |
| &nbsp;&nbsp;&nbsp; Financial Highlights/Consolidated Financial Highlights  | &nbsp;&nbsp;&nbsp; 390 |
|  Notes to Financial Statements/Notes to Consolidated Financial Statements  | 395 |
|  Report of Independent Registered Public Accounting Firm  | 434 |
|  Notice to Shareholders  | 435 |
|  Other Information (Form N-CSR Items 8-11) (Unaudited)  | 437 |

---

------

 

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 97.6%** | **COMMON STOCK — 97.6%** | **COMMON STOCK — 97.6%** |
| **Communication Services — 9.1%** | **Communication Services — 9.1%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl A  | 81437 | $13986 |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl C  | 25837 | 4466 |
| &nbsp;&nbsp;&nbsp; AT&T Inc  | 256744 | 7138 |
| &nbsp;&nbsp;&nbsp; BCE Inc  | 58214 | 1269 |
| &nbsp;&nbsp;&nbsp; Cargurus Inc, Cl A <sup>\*</sup> | 1827 | 57 |
| &nbsp;&nbsp;&nbsp; Comcast Corp, Cl A  | 136286 | 4711 |
| &nbsp;&nbsp;&nbsp; Electronic Arts Inc  | 716 | 103 |
| &nbsp;&nbsp;&nbsp; Fox Corp  | 44900 | 2467 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Formula One, Cl C <sup>\*</sup> | 9170 | 885 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Live, Cl A <sup>\*</sup> | 1068 | 77 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Live, Cl C <sup>\*</sup> | 940 | 69 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc, Cl A  | 25057 | 16224 |
| &nbsp;&nbsp;&nbsp; Netflix Inc <sup>\*</sup> | 5269 | 6361 |
| &nbsp;&nbsp;&nbsp; Omnicom Group Inc  | 15665 | 1150 |
| &nbsp;&nbsp;&nbsp; Pinterest Inc, Cl A <sup>\*</sup> | 13441 | 418 |
| &nbsp;&nbsp;&nbsp; Reddit Inc, Cl A <sup>\*</sup> | 1498 | 168 |
| &nbsp;&nbsp;&nbsp; ROBLOX Corp, Cl A <sup>\*</sup> | 21233 | 1847 |
| &nbsp;&nbsp;&nbsp; Roku Inc, Cl A <sup>\*</sup> | 4599 | 333 |
| &nbsp;&nbsp;&nbsp; Sea Ltd ADR <sup>\*</sup> | 13497 | 2165 |
| &nbsp;&nbsp;&nbsp; Sirius XM Holdings Inc  | 24600 | 533 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA <sup>\*</sup> | 2723 | 1811 |
| &nbsp;&nbsp;&nbsp; TEGNA Inc  | 26800 | 448 |
| &nbsp;&nbsp;&nbsp; TKO Group Holdings Inc, Cl A  | 6937 | 1095 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc  | 2418 | 586 |
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc  | 102035 | 4485 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co/The  | 3074 | 348 |
|  |  | 73200 |
| **Consumer Discretionary — 11.2%** | **Consumer Discretionary — 11.2%** |  |
| &nbsp;&nbsp;&nbsp; ADT Inc  | 91260 | 759 |
| &nbsp;&nbsp;&nbsp; Adtalem Global Education Inc <sup>\*</sup> | 7800 | 1030 |
| &nbsp;&nbsp;&nbsp; Advance Auto Parts Inc  | 2568 | 123 |
| &nbsp;&nbsp;&nbsp; Airbnb Inc, Cl A <sup>\*</sup> | 5941 | 766 |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc <sup>\*</sup> | 74607 | 15295 |
| &nbsp;&nbsp;&nbsp; Amer Sports Inc <sup>\*</sup> | 2245 | 82 |
| &nbsp;&nbsp;&nbsp; AutoNation Inc <sup>\*</sup> | 3200 | 588 |
| &nbsp;&nbsp;&nbsp; AutoZone Inc <sup>\*</sup> | 2638 | 9848 |
| &nbsp;&nbsp;&nbsp; Best Buy Co Inc  | 6500 | 431 |
| &nbsp;&nbsp;&nbsp; Booking Holdings Inc  | 414 | 2285 |
| &nbsp;&nbsp;&nbsp; BorgWarner Inc  | 25100 | 830 |
| &nbsp;&nbsp;&nbsp; Burlington Stores Inc <sup>\*</sup> | 1488 | 340 |
| &nbsp;&nbsp;&nbsp; Carter's Inc  | 9900 | 311 |
| &nbsp;&nbsp;&nbsp; Carvana Co, Cl A <sup>\*</sup> | 804 | 263 |
| &nbsp;&nbsp;&nbsp; DoorDash Inc, Cl A <sup>\*</sup> | 6470 | 1350 |
| &nbsp;&nbsp;&nbsp; Duolingo Inc, Cl A <sup>\*</sup> | 415 | 216 |
| &nbsp;&nbsp;&nbsp; eBay Inc  | 35748 | 2616 |
| &nbsp;&nbsp;&nbsp; Expedia Group Inc  | 6160 | 1027 |
| &nbsp;&nbsp;&nbsp; Ferrari NV  | 1014 | 485 |
| &nbsp;&nbsp;&nbsp; Ford Motor Co  | 137107 | 1423 |
| &nbsp;&nbsp;&nbsp; GameStop Corp, Cl A <sup>\*</sup> | 1320 | 39 |
| &nbsp;&nbsp;&nbsp; Garmin Ltd  | 1929 | 391 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; General Motors Co  | 41949 | $2081 |
| &nbsp;&nbsp;&nbsp; Genuine Parts Co  | 16409 | 2076 |
| &nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co/The <sup>\*</sup> | 64731 | 739 |
| &nbsp;&nbsp;&nbsp; Guess? Inc  | 18000 | 189 |
| &nbsp;&nbsp;&nbsp; Harley-Davidson Inc  | 25500 | 617 |
| &nbsp;&nbsp;&nbsp; Hasbro Inc  | 16695 | 1114 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings Inc  | 14025 | 3484 |
| &nbsp;&nbsp;&nbsp; Home Depot Inc/The  | 12525 | 4613 |
| &nbsp;&nbsp;&nbsp; Jack in the Box Inc  | 5995 | 114 |
| &nbsp;&nbsp;&nbsp; KB Home  | 17600 | 908 |
| &nbsp;&nbsp;&nbsp; Lear Corp  | 4700 | 425 |
| &nbsp;&nbsp;&nbsp; Levi Strauss & Co, Cl A  | 13791 | 239 |
| &nbsp;&nbsp;&nbsp; Lowe's Cos Inc  | 27207 | 6141 |
| &nbsp;&nbsp;&nbsp; Macy's Inc  | 36200 | 430 |
| &nbsp;&nbsp;&nbsp; Marriott International Inc/MD, Cl A  | 12705 | 3352 |
| &nbsp;&nbsp;&nbsp; Mattel Inc <sup>\*</sup> | 33400 | 633 |
| &nbsp;&nbsp;&nbsp; MercadoLibre Inc <sup>\*</sup> | 448 | 1148 |
| &nbsp;&nbsp;&nbsp; MGM Resorts International <sup>\*</sup> | 16800 | 532 |
| &nbsp;&nbsp;&nbsp; NIKE Inc, Cl B  | 29139 | 1765 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive Inc <sup>\*</sup> | 644 | 881 |
| &nbsp;&nbsp;&nbsp; Peloton Interactive Inc, Cl A <sup>\*</sup> | 17438 | 124 |
| &nbsp;&nbsp;&nbsp; Penske Automotive Group Inc  | 2000 | 328 |
| &nbsp;&nbsp;&nbsp; Perdoceo Education Corp  | 11164 | 380 |
| &nbsp;&nbsp;&nbsp; Pool Corp  | 7391 | 2222 |
| &nbsp;&nbsp;&nbsp; PulteGroup Inc  | 16400 | 1608 |
| &nbsp;&nbsp;&nbsp; Ross Stores Inc  | 20285 | 2842 |
| &nbsp;&nbsp;&nbsp; Tapestry Inc  | 2483 | 195 |
| &nbsp;&nbsp;&nbsp; Tesla Inc <sup>\*</sup> | 14627 | 5068 |
| &nbsp;&nbsp;&nbsp; TJX Cos Inc/The  | 35692 | 4529 |
| &nbsp;&nbsp;&nbsp; Urban Outfitters Inc <sup>\*</sup> | 4358 | 305 |
| &nbsp;&nbsp;&nbsp; Whirlpool Corp  | 6200 | 484 |
| &nbsp;&nbsp;&nbsp; Yum! Brands Inc  | 918 | 132 |
|  |  | 90196 |
| **Consumer Staples — 5.7%** | **Consumer Staples — 5.7%** |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos Inc, Cl A  | 49700 | 1105 |
| &nbsp;&nbsp;&nbsp; Altria Group Inc  | 73549 | 4458 |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co  | 13492 | 651 |
| &nbsp;&nbsp;&nbsp; BellRing Brands Inc <sup>\*</sup> | 3270 | 206 |
| &nbsp;&nbsp;&nbsp; Bunge Global SA  | 8800 | 688 |
| &nbsp;&nbsp;&nbsp; Campbell Soup Co  | 21100 | 718 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores Inc  | 7922 | 3468 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co/The  | 5381 | 388 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Consolidated Inc  | 6520 | 747 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co  | 22382 | 2080 |
| &nbsp;&nbsp;&nbsp; Conagra Brands Inc  | 19200 | 439 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp  | 3895 | 4051 |
| &nbsp;&nbsp;&nbsp; Diageo PLC ADR  | 9917 | 1081 |
| &nbsp;&nbsp;&nbsp; General Mills Inc  | 18200 | 988 |
| &nbsp;&nbsp;&nbsp; Herbalife Ltd <sup>\*</sup> | 15000 | 117 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co/The  | 8500 | 957 |
| &nbsp;&nbsp;&nbsp; Kenvue Inc  | 99777 | 2382 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper Inc  | 35003 | 1179 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co/The  | 41780 | 1117 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Kroger Co/The  | 32600 | $2224 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co, Cl B  | 30900 | 1656 |
| &nbsp;&nbsp;&nbsp; PepsiCo Inc  | 26522 | 3486 |
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc  | 33255 | 6006 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market Inc <sup>\*</sup> | 375 | 65 |
| &nbsp;&nbsp;&nbsp; Target Corp  | 15087 | 1418 |
| &nbsp;&nbsp;&nbsp; Tyson Foods Inc, Cl A  | 1846 | 104 |
| &nbsp;&nbsp;&nbsp; Unilever PLC ADR  | 43192 | 2757 |
| &nbsp;&nbsp;&nbsp; Walmart Inc  | 17834 | 1761 |
|  |  | 46297 |
| **Energy — 2.9%** | **Energy — 2.9%** |  |
| &nbsp;&nbsp;&nbsp; APA Corp  | 14000 | 238 |
| &nbsp;&nbsp;&nbsp; Cheniere Energy Inc  | 8792 | 2084 |
| &nbsp;&nbsp;&nbsp; Chevron Corp  | 13104 | 1791 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips  | 31299 | 2671 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp  | 23300 | 705 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy Inc  | 12753 | 1716 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc  | 11742 | 1230 |
| &nbsp;&nbsp;&nbsp; EOG Resources Inc  | 6100 | 662 |
| &nbsp;&nbsp;&nbsp; Excelerate Energy Inc, Cl A  | 2298 | 65 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp  | 38728 | 3962 |
| &nbsp;&nbsp;&nbsp; Halliburton Co  | 28800 | 564 |
| &nbsp;&nbsp;&nbsp; HF Sinclair Corp  | 23000 | 831 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan Inc  | 33651 | 944 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp  | 9500 | 1527 |
| &nbsp;&nbsp;&nbsp; MPLX LP  | 11619 | 592 |
| &nbsp;&nbsp;&nbsp; Murphy Oil Corp  | 16700 | 349 |
| &nbsp;&nbsp;&nbsp; Phillips 66  | 5400 | 613 |
| &nbsp;&nbsp;&nbsp; Scorpio Tankers Inc  | 8700 | 346 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp  | 6900 | 890 |
| &nbsp;&nbsp;&nbsp; Williams Cos Inc/The  | 20390 | 1234 |
|  |  | 23014 |
| **Financials — 18.6%** | **Financials — 18.6%** |  |
| &nbsp;&nbsp;&nbsp; Aflac Inc  | 15878 | 1644 |
| &nbsp;&nbsp;&nbsp; Allstate Corp/The  | 752 | 158 |
| &nbsp;&nbsp;&nbsp; Ally Financial Inc  | 31200 | 1092 |
| &nbsp;&nbsp;&nbsp; American International Group Inc  | 17764 | 1504 |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial Inc  | 9367 | 4770 |
| &nbsp;&nbsp;&nbsp; Annaly Capital Management Inc <sup>‡</sup> | 19900 | 377 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp  | 170505 | 7524 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp/The  | 37944 | 3362 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Inc, Cl B <sup>\*</sup> | 1680 | 847 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp  | 1413 | 267 |
| &nbsp;&nbsp;&nbsp; Cboe Global Markets Inc  | 1985 | 455 |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp/The  | 4851 | 429 |
| &nbsp;&nbsp;&nbsp; Chubb Ltd  | 10974 | 3261 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc  | 112362 | 8463 |
| &nbsp;&nbsp;&nbsp; Citizens Financial Group Inc  | 31700 | 1279 |
| &nbsp;&nbsp;&nbsp; CME Group Inc, Cl A  | 22341 | 6457 |
| &nbsp;&nbsp;&nbsp; CNA Financial Corp  | 10800 | 517 |
| &nbsp;&nbsp;&nbsp; Coinbase Global Inc, Cl A <sup>\*</sup> | 198 | 49 |
| &nbsp;&nbsp;&nbsp; Corebridge Financial Inc  | 31700 | 1034 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Dave Inc <sup>\*</sup> | 667 | $134 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd  | 3400 | 1180 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems Inc  | 7971 | 3653 |
| &nbsp;&nbsp;&nbsp; Fidelis Insurance Holdings Ltd  | 31400 | 549 |
| &nbsp;&nbsp;&nbsp; Fifth Third Bancorp  | 12800 | 489 |
| &nbsp;&nbsp;&nbsp; First Horizon Corp  | 47500 | 944 |
| &nbsp;&nbsp;&nbsp; Fiserv Inc <sup>\*</sup> | 3999 | 651 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc/The  | 6201 | 3723 |
| &nbsp;&nbsp;&nbsp; Hanover Insurance Group Inc/The  | 5143 | 905 |
| &nbsp;&nbsp;&nbsp; Hartford Financial Services Group Inc/The  | 22034 | 2861 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange Inc  | 1083 | 195 |
| &nbsp;&nbsp;&nbsp; Jackson Financial Inc, Cl A  | 6721 | 551 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co  | 40090 | 10584 |
| &nbsp;&nbsp;&nbsp; Kinsale Capital Group Inc  | 7584 | 3580 |
| &nbsp;&nbsp;&nbsp; Lincoln National Corp  | 12100 | 401 |
| &nbsp;&nbsp;&nbsp; M&T Bank Corp  | 2100 | 384 |
| &nbsp;&nbsp;&nbsp; Marqeta Inc, Cl A <sup>\*</sup> | 15437 | 83 |
| &nbsp;&nbsp;&nbsp; Mastercard Inc, Cl A  | 17874 | 10467 |
| &nbsp;&nbsp;&nbsp; MetLife Inc  | 11300 | 888 |
| &nbsp;&nbsp;&nbsp; MGIC Investment Corp  | 64346 | 1702 |
| &nbsp;&nbsp;&nbsp; Moody's Corp  | 17866 | 8564 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  | 66989 | 8577 |
| &nbsp;&nbsp;&nbsp; MSCI Inc, Cl A  | 11972 | 6752 |
| &nbsp;&nbsp;&nbsp; Navient Corp  | 26800 | 360 |
| &nbsp;&nbsp;&nbsp; Pagseguro Digital Ltd, Cl A  | 15655 | 139 |
| &nbsp;&nbsp;&nbsp; PayPal Holdings Inc <sup>\*</sup> | 21200 | 1490 |
| &nbsp;&nbsp;&nbsp; Radian Group Inc  | 35300 | 1205 |
| &nbsp;&nbsp;&nbsp; Regions Financial Corp  | 35000 | 750 |
| &nbsp;&nbsp;&nbsp; Remitly Global Inc <sup>\*</sup> | 9982 | 213 |
| &nbsp;&nbsp;&nbsp; Robinhood Markets Inc, Cl A <sup>\*</sup> | 40271 | 2664 |
| &nbsp;&nbsp;&nbsp; S&P Global Inc  | 4309 | 2210 |
| &nbsp;&nbsp;&nbsp; Sezzle Inc <sup>\*</sup> | 369 | 39 |
| &nbsp;&nbsp;&nbsp; SiriusPoint Ltd <sup>\*</sup> | 6380 | 125 |
| &nbsp;&nbsp;&nbsp; SoFi Technologies Inc <sup>\*</sup> | 3711 | 49 |
| &nbsp;&nbsp;&nbsp; State Street Corp  | 27200 | 2619 |
| &nbsp;&nbsp;&nbsp; Toast Inc, Cl A <sup>\*</sup> | 4295 | 181 |
| &nbsp;&nbsp;&nbsp; Travelers Cos Inc/The  | 14655 | 4040 |
| &nbsp;&nbsp;&nbsp; Truist Financial Corp  | 64228 | 2537 |
| &nbsp;&nbsp;&nbsp; Unum Group  | 23000 | 1879 |
| &nbsp;&nbsp;&nbsp; US Bancorp  | 23940 | 1044 |
| &nbsp;&nbsp;&nbsp; Veritex Holdings Inc  | 18300 | 443 |
| &nbsp;&nbsp;&nbsp; Visa Inc, Cl A  | 31349 | 11448 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co  | 49300 | 3687 |
| &nbsp;&nbsp;&nbsp; Western Union Co/The  | 49400 | 458 |
| &nbsp;&nbsp;&nbsp; Zions Bancorp NA  | 11100 | 526 |
|  |  | 149412 |
| **Health Care — 9.7%** | **Health Care — 9.7%** |  |
| &nbsp;&nbsp;&nbsp; Amgen Inc  | 3655 | 1053 |
| &nbsp;&nbsp;&nbsp; Baxter International Inc  | 14300 | 436 |
| &nbsp;&nbsp;&nbsp; Biogen Inc <sup>\*</sup> | 5836 | 757 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp <sup>\*</sup> | 6965 | 733 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co  | 42500 | 2052 |
| &nbsp;&nbsp;&nbsp; Cardinal Health Inc  | 20004 | 3089 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Cencora Inc  | 13988 | $4074 |
| &nbsp;&nbsp;&nbsp; Centene Corp <sup>\*</sup> | 23400 | 1321 |
| &nbsp;&nbsp;&nbsp; Cigna Group/The  | 4300 | 1362 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp  | 39203 | 2511 |
| &nbsp;&nbsp;&nbsp; Elevance Health Inc  | 1146 | 440 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co  | 7526 | 5552 |
| &nbsp;&nbsp;&nbsp; Exelixis Inc <sup>\*</sup> | 20200 | 869 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences Inc  | 28500 | 3137 |
| &nbsp;&nbsp;&nbsp; Glaukos Corp <sup>\*</sup> | 1567 | 148 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc  | 5600 | 2136 |
| &nbsp;&nbsp;&nbsp; Humana Inc  | 497 | 116 |
| &nbsp;&nbsp;&nbsp; Incyte Corp <sup>\*</sup> | 17300 | 1126 |
| &nbsp;&nbsp;&nbsp; Inmode Ltd <sup>\*</sup> | 38500 | 564 |
| &nbsp;&nbsp;&nbsp; Insulet Corp <sup>\*</sup> | 423 | 137 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical Inc <sup>\*</sup> | 2032 | 1122 |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings Inc <sup>\*</sup> | 1174 | 165 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals PLC <sup>\*</sup> | 6880 | 743 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  | 68517 | 10635 |
| &nbsp;&nbsp;&nbsp; McKesson Corp  | 749 | 539 |
| &nbsp;&nbsp;&nbsp; Medtronic PLC  | 29259 | 2428 |
| &nbsp;&nbsp;&nbsp; Merck & Co Inc  | 47027 | 3614 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International Inc <sup>\*</sup> | 2874 | 3321 |
| &nbsp;&nbsp;&nbsp; Natera Inc <sup>\*</sup> | 8878 | 1400 |
| &nbsp;&nbsp;&nbsp; Novartis AG ADR  | 16940 | 1961 |
| &nbsp;&nbsp;&nbsp; Organon & Co  | 4167 | 38 |
| &nbsp;&nbsp;&nbsp; Pfizer Inc  | 219459 | 5155 |
| &nbsp;&nbsp;&nbsp; Privia Health Group Inc <sup>\*</sup> | 3322 | 76 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals Inc  | 134 | 66 |
| &nbsp;&nbsp;&nbsp; STERIS PLC  | 13188 | 3234 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc  | 19040 | 5748 |
| &nbsp;&nbsp;&nbsp; Universal Health Services Inc, Cl B  | 5400 | 1028 |
| &nbsp;&nbsp;&nbsp; Veeva Systems Inc, Cl A <sup>\*</sup> | 3915 | 1095 |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals Inc <sup>\*</sup> | 405 | 179 |
| &nbsp;&nbsp;&nbsp; Viatris Inc  | 55200 | 485 |
| &nbsp;&nbsp;&nbsp; Zoetis Inc, Cl A  | 20445 | 3448 |
|  |  | 78093 |
| **Industrials — 10.6%** | **Industrials — 10.6%** |  |
| &nbsp;&nbsp;&nbsp; AGCO Corp  | 7500 | 735 |
| &nbsp;&nbsp;&nbsp; Air Lease Corp, Cl A  | 3062 | 176 |
| &nbsp;&nbsp;&nbsp; Allegion plc  | 6043 | 862 |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings Inc  | 15900 | 1646 |
| &nbsp;&nbsp;&nbsp; American Airlines Group Inc <sup>\*</sup> | 38300 | 437 |
| &nbsp;&nbsp;&nbsp; Applied Industrial Technologies Inc  | 1749 | 396 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc  | 14824 | 4826 |
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc <sup>\*</sup> | 803 | 603 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp, Cl A  | 19516 | 2074 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource Inc <sup>\*</sup> | 3100 | 334 |
| &nbsp;&nbsp;&nbsp; Carrier Global Corp  | 48866 | 3479 |
| &nbsp;&nbsp;&nbsp; Caterpillar Inc  | 2066 | 719 |
| &nbsp;&nbsp;&nbsp; Cintas Corp  | 25375 | 5747 |
| &nbsp;&nbsp;&nbsp; CNH Industrial NV  | 103800 | 1299 |
| &nbsp;&nbsp;&nbsp; Copart Inc <sup>\*</sup> | 64449 | 3318 |
| &nbsp;&nbsp;&nbsp; Cummins Inc  | 6000 | 1929 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Delta Air Lines Inc  | 26920 | $1303 |
| &nbsp;&nbsp;&nbsp; Dover Corp  | 5918 | 1052 |
| &nbsp;&nbsp;&nbsp; Eaton Corp PLC  | 1127 | 361 |
| &nbsp;&nbsp;&nbsp; FedEx Corp  | 7000 | 1527 |
| &nbsp;&nbsp;&nbsp; Flowserve Corp  | 1723 | 86 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp  | 12102 | 3370 |
| &nbsp;&nbsp;&nbsp; General Electric Co  | 3433 | 844 |
| &nbsp;&nbsp;&nbsp; Genpact Ltd  | 10700 | 461 |
| &nbsp;&nbsp;&nbsp; GFL Environmental Inc  | 37130 | 1872 |
| &nbsp;&nbsp;&nbsp; Graco Inc  | 33140 | 2806 |
| &nbsp;&nbsp;&nbsp; Griffon Corp  | 6200 | 426 |
| &nbsp;&nbsp;&nbsp; HEICO Corp, Cl A  | 9791 | 2309 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries Inc  | 2000 | 446 |
| &nbsp;&nbsp;&nbsp; Johnson Controls International plc  | 38999 | 3953 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp  | 4133 | 1994 |
| &nbsp;&nbsp;&nbsp; Lyft Inc, Cl A <sup>\*</sup> | 22145 | 337 |
| &nbsp;&nbsp;&nbsp; ManpowerGroup Inc  | 11900 | 499 |
| &nbsp;&nbsp;&nbsp; MYR Group Inc <sup>\*</sup> | 360 | 56 |
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line Inc  | 11304 | 1811 |
| &nbsp;&nbsp;&nbsp; Oshkosh Corp  | 6200 | 615 |
| &nbsp;&nbsp;&nbsp; Otis Worldwide Corp  | 33220 | 3168 |
| &nbsp;&nbsp;&nbsp; Owens Corning  | 7800 | 1045 |
| &nbsp;&nbsp;&nbsp; PACCAR Inc  | 4900 | 460 |
| &nbsp;&nbsp;&nbsp; Paylocity Holding Corp <sup>\*</sup> | 6916 | 1320 |
| &nbsp;&nbsp;&nbsp; Rollins Inc  | 2029 | 116 |
| &nbsp;&nbsp;&nbsp; RTX Corp  | 31594 | 4312 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp  | 5170 | 597 |
| &nbsp;&nbsp;&nbsp; Siemens AG ADR  | 22508 | 2723 |
| &nbsp;&nbsp;&nbsp; Snap-on Inc  | 4400 | 1411 |
| &nbsp;&nbsp;&nbsp; Textron Inc  | 19200 | 1421 |
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC  | 2878 | 1238 |
| &nbsp;&nbsp;&nbsp; Uber Technologies Inc <sup>\*</sup> | 14324 | 1206 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings Inc <sup>\*</sup> | 20440 | 1624 |
| &nbsp;&nbsp;&nbsp; United Parcel Service Inc, Cl B  | 14683 | 1432 |
| &nbsp;&nbsp;&nbsp; Upwork Inc <sup>\*</sup> | 40137 | 622 |
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co, Cl A  | 18043 | 1947 |
| &nbsp;&nbsp;&nbsp; Waste Connections Inc  | 24492 | 4827 |
| &nbsp;&nbsp;&nbsp; Woodward Inc  | 3214 | 695 |
| &nbsp;&nbsp;&nbsp; Worthington Enterprises Inc  | 767 | 45 |
|  |  | 84917 |
| **Information Technology — 23.0%** | **Information Technology — 23.0%** |  |
| &nbsp;&nbsp;&nbsp; Adobe Inc <sup>\*</sup> | 7684 | 3190 |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices Inc <sup>\*</sup> | 9594 | 1062 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp, Cl A  | 34492 | 3102 |
| &nbsp;&nbsp;&nbsp; Analog Devices Inc  | 18218 | 3898 |
| &nbsp;&nbsp;&nbsp; Apple Inc  | 77104 | 15486 |
| &nbsp;&nbsp;&nbsp; Applied Materials Inc  | 13048 | 2045 |
| &nbsp;&nbsp;&nbsp; AppLovin Corp, Cl A <sup>\*</sup> | 12690 | 4987 |
| &nbsp;&nbsp;&nbsp; Arista Networks Inc <sup>\*</sup> | 10835 | 939 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics Inc <sup>\*</sup> | 10200 | 1208 |
| &nbsp;&nbsp;&nbsp; ASML Holding NV, Cl G  | 455 | 335 |
| &nbsp;&nbsp;&nbsp; Astera Labs Inc <sup>\*</sup> | 10223 | 927 |
| &nbsp;&nbsp;&nbsp; Atlassian Corp, Cl A <sup>\*</sup> | 1933 | 401 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Fund** (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Autodesk Inc <sup>\*</sup> | 5344 | $1583 |
| &nbsp;&nbsp;&nbsp; Broadcom Inc  | 69394 | 16798 |
| &nbsp;&nbsp;&nbsp; CDW Corp/DE  | 644 | 116 |
| &nbsp;&nbsp;&nbsp; Cisco Systems Inc  | 124290 | 7835 |
| &nbsp;&nbsp;&nbsp; Cloudflare Inc, Cl A <sup>\*</sup> | 3541 | 587 |
| &nbsp;&nbsp;&nbsp; Coherent Corp <sup>\*</sup> | 4959 | 375 |
| &nbsp;&nbsp;&nbsp; Dell Technologies Inc, Cl C  | 14300 | 1591 |
| &nbsp;&nbsp;&nbsp; DigitalOcean Holdings Inc <sup>\*</sup> | 4760 | 135 |
| &nbsp;&nbsp;&nbsp; Dropbox Inc, Cl A <sup>\*</sup> | 28500 | 823 |
| &nbsp;&nbsp;&nbsp; DXC Technology Co <sup>\*</sup> | 24600 | 374 |
| &nbsp;&nbsp;&nbsp; Elastic NV <sup>\*</sup> | 4604 | 372 |
| &nbsp;&nbsp;&nbsp; F5 Inc <sup>\*</sup> | 3539 | 1010 |
| &nbsp;&nbsp;&nbsp; Flex Ltd <sup>\*</sup> | 19300 | 816 |
| &nbsp;&nbsp;&nbsp; Fortinet Inc <sup>\*</sup> | 3910 | 398 |
| &nbsp;&nbsp;&nbsp; Freshworks Inc, Cl A <sup>\*</sup> | 14615 | 223 |
| &nbsp;&nbsp;&nbsp; Gen Digital Inc  | 24000 | 684 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co  | 90800 | 1569 |
| &nbsp;&nbsp;&nbsp; HP Inc  | 77196 | 1922 |
| &nbsp;&nbsp;&nbsp; Intel Corp  | 16408 | 321 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp  | 1796 | 465 |
| &nbsp;&nbsp;&nbsp; Intuit Inc  | 7705 | 5806 |
| &nbsp;&nbsp;&nbsp; JFrog Ltd <sup>\*</sup> | 2303 | 99 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies Inc <sup>\*</sup> | 404 | 63 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp  | 17035 | 1376 |
| &nbsp;&nbsp;&nbsp; Marvell Technology Inc  | 1566 | 94 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp  | 90190 | 41520 |
| &nbsp;&nbsp;&nbsp; MicroStrategy Inc, Cl A <sup>\*</sup> | 143 | 53 |
| &nbsp;&nbsp;&nbsp; MongoDB Inc, Cl A <sup>\*</sup> | 1924 | 363 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems Inc  | 4782 | 3165 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc  | 8164 | 3391 |
| &nbsp;&nbsp;&nbsp; Nebius Group NV, Cl A <sup>\*</sup> | 38839 | 1427 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp  | 165074 | 22307 |
| &nbsp;&nbsp;&nbsp; Okta Inc, Cl A <sup>\*</sup> | 3707 | 383 |
| &nbsp;&nbsp;&nbsp; Oracle Corp  | 30674 | 5078 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies Inc, Cl A <sup>\*</sup> | 3533 | 466 |
| &nbsp;&nbsp;&nbsp; Palo Alto Networks Inc <sup>\*</sup> | 6368 | 1225 |
| &nbsp;&nbsp;&nbsp; QUALCOMM Inc  | 30354 | 4407 |
| &nbsp;&nbsp;&nbsp; Rubrik Inc, Cl A <sup>\*</sup> | 4829 | 461 |
| &nbsp;&nbsp;&nbsp; salesforce.com  | 18633 | 4945 |
| &nbsp;&nbsp;&nbsp; Samsara Inc, Cl A <sup>\*</sup> | 843 | 39 |
| &nbsp;&nbsp;&nbsp; SanDisk Corp <sup>\*</sup> | 7550 | 285 |
| &nbsp;&nbsp;&nbsp; Semtech Corp <sup>\*</sup> | 833 | 31 |
| &nbsp;&nbsp;&nbsp; ServiceNow Inc <sup>\*</sup> | 1202 | 1215 |
| &nbsp;&nbsp;&nbsp; Snowflake Inc, Cl A <sup>\*</sup> | 5267 | 1083 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co Ltd ADR  | 34696 | 6707 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp  | 7900 | 959 |
| &nbsp;&nbsp;&nbsp; Twilio Inc, Cl A <sup>\*</sup> | 8492 | 1000 |
| &nbsp;&nbsp;&nbsp; Unity Software Inc <sup>\*</sup> | 11691 | 305 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp  | 8100 | 418 |
| &nbsp;&nbsp;&nbsp; Workday Inc, Cl A <sup>\*</sup> | 2156 | 534 |
|  |  | 184782 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Materials — 2.9%** | **Materials — 2.9%** |  |
| &nbsp;&nbsp;&nbsp; Amcor PLC  | 13100 | $119 |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings Inc  | 4100 | 372 |
| &nbsp;&nbsp;&nbsp; Dow Inc  | 54959 | 1525 |
| &nbsp;&nbsp;&nbsp; Eastman Chemical Co  | 6800 | 533 |
| &nbsp;&nbsp;&nbsp; Glatfelter Corp <sup>\*</sup> | 1741 | 21 |
| &nbsp;&nbsp;&nbsp; Linde PLC  | 10913 | 5103 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries NV, Cl A  | 5900 | 333 |
| &nbsp;&nbsp;&nbsp; Martin Marietta Materials Inc  | 1270 | 695 |
| &nbsp;&nbsp;&nbsp; Mosaic Co/The  | 21603 | 781 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp  | 1000 | 644 |
| &nbsp;&nbsp;&nbsp; Newmont Corp  | 19893 | 1049 |
| &nbsp;&nbsp;&nbsp; O-I Glass Inc <sup>\*</sup> | 39200 | 514 |
| &nbsp;&nbsp;&nbsp; Reliance Inc  | 9082 | 2659 |
| &nbsp;&nbsp;&nbsp; Sherwin-Williams Co/The  | 21330 | 7653 |
| &nbsp;&nbsp;&nbsp; SSR Mining Inc <sup>\*</sup> | 18394 | 218 |
| &nbsp;&nbsp;&nbsp; Steel Dynamics Inc  | 7200 | 886 |
| &nbsp;&nbsp;&nbsp; Sylvamo Corp  | 11800 | 625 |
|  |  | 23730 |
| **Real Estate — 1.8%** | **Real Estate — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; American Tower Corp, Cl A <sup>‡</sup> | 540 | 116 |
| &nbsp;&nbsp;&nbsp; Brixmor Property Group Inc <sup>‡</sup> | 23800 | 605 |
| &nbsp;&nbsp;&nbsp; Crown Castle Inc <sup>‡</sup> | 16270 | 1633 |
| &nbsp;&nbsp;&nbsp; Digital Realty Trust Inc <sup>‡</sup> | 1726 | 296 |
| &nbsp;&nbsp;&nbsp; Equinix Inc <sup>‡</sup> | 5386 | 4787 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage Inc <sup>‡</sup> | 3443 | 520 |
| &nbsp;&nbsp;&nbsp; Healthpeak Properties Inc <sup>‡</sup> | 117047 | 2038 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts Inc <sup>‡</sup> | 55300 | 857 |
| &nbsp;&nbsp;&nbsp; Service Properties Trust <sup>‡</sup> | 37100 | 86 |
| &nbsp;&nbsp;&nbsp; VICI Properties Inc, Cl A <sup>‡</sup> | 83141 | 2636 |
| &nbsp;&nbsp;&nbsp; Welltower Inc <sup>‡</sup> | 4614 | 712 |
|  |  | 14286 |
| **Utilities — 2.1%** | **Utilities — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; Constellation Energy Corp  | 6237 | 1909 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp  | 23201 | 2731 |
| &nbsp;&nbsp;&nbsp; Exelon Corp  | 38290 | 1678 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Inc  | 37418 | 2643 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc  | 9300 | 1450 |
| &nbsp;&nbsp;&nbsp; Southern Co/The  | 1750 | 157 |
| &nbsp;&nbsp;&nbsp; Southwest Gas Holdings Inc  | 7595 | 546 |
| &nbsp;&nbsp;&nbsp; Talen Energy Corp <sup>\*</sup> | 10939 | 2669 |
| &nbsp;&nbsp;&nbsp; UGI Corp  | 14800 | 534 |
| &nbsp;&nbsp;&nbsp; Vistra Corp  | 14019 | 2251 |
|  |  | 16568 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $555,680) ($ Thousands) |  | 784495 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **CASH EQUIVALENT — 2.1%** | **CASH EQUIVALENT — 2.1%** | **CASH EQUIVALENT — 2.1%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 16736637 | $16737 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $16,737) ($ Thousands) |  | 16737 |
| Total Investments in Securities — 99.7% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $572,417) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $572,417) ($ Thousands)  | $801232 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; S&P 500 Index E-MINI | 34 | Jun-2025 | $9263 | $10057 | $794 |
| &nbsp;&nbsp; S&P Mid Cap 400 Index E-MINI | 9 | Jun-2025 | 2485 | 2704 | 219 |
|  |  |  | $11748 | $12761 | $1013 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $803,516 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 784010 | 485 |  | 784495 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 16737 | – |  | 16737 |
|  Total Investments in Securities | 800747 | 485 |  | 801232 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 1013 |  |  | 1013 |
| Total Other Financial Instruments | 1013 |  |  | 1013 |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Liquidity Fund, LP  | $6 | $— | $(6) | $(1) | $1 | $— | $— | $— |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | 19730 | 214329 | (217322) |  |  | 16737 | 896 |  |
| Totals  | $19736 | $214329 | $(217328) | $(1) | $1 | $16737 | $896 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Disciplined Equity Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> — 93.1%** | **COMMON STOCK<sup>†</sup><sup>†</sup> — 93.1%** | **COMMON STOCK<sup>†</sup><sup>†</sup> — 93.1%** |
| **Communication Services — 8.0%** | **Communication Services — 8.0%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl A  | 104889 | $18014 |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl C  | 58887 | 10179 |
| &nbsp;&nbsp;&nbsp; AT&T Inc  | 372705 | 10361 |
| &nbsp;&nbsp;&nbsp; Comcast Corp, Cl A  | 134980 | 4666 |
| &nbsp;&nbsp;&nbsp; Electronic Arts Inc  | 2433 | 350 |
| &nbsp;&nbsp;&nbsp; Match Group Inc  | 34060 | 1020 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc, Cl A  | 50097 | 32437 |
| &nbsp;&nbsp;&nbsp; Netflix Inc <sup>\*</sup> | 10736 | 12961 |
| &nbsp;&nbsp;&nbsp; News Corp, Cl A  | 4444 | 126 |
| &nbsp;&nbsp;&nbsp; Pinterest Inc, Cl A <sup>\*</sup> | 4965 | 154 |
| &nbsp;&nbsp;&nbsp; Reddit Inc, Cl A <sup>\*</sup> | 2879 | 323 |
| &nbsp;&nbsp;&nbsp; ROBLOX Corp, Cl A <sup>\*</sup> | 17650 | 1535 |
| &nbsp;&nbsp;&nbsp; Roku Inc, Cl A <sup>\*</sup> | 13026 | 944 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc  | 7597 | 1840 |
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc  | 128664 | 5656 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co/The  | 33410 | 3777 |
| &nbsp;&nbsp;&nbsp; Warner Bros Discovery Inc <sup>\*</sup> | 85905 | 856 |
|  |  | 105199 |
| **Consumer Discretionary — 8.6%** | **Consumer Discretionary — 8.6%** |  |
| &nbsp;&nbsp;&nbsp; Abercrombie & Fitch Co, Cl A <sup>\*</sup> | 28490 | 2236 |
| &nbsp;&nbsp;&nbsp; ADT Inc  | 245754 | 2045 |
| &nbsp;&nbsp;&nbsp; Airbnb Inc, Cl A <sup>\*</sup> | 25014 | 3227 |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc <sup>\*</sup> | 103793 | 21279 |
| &nbsp;&nbsp;&nbsp; AutoZone Inc <sup>\*</sup> | 3438 | 12834 |
| &nbsp;&nbsp;&nbsp; Booking Holdings Inc  | 1161 | 6407 |
| &nbsp;&nbsp;&nbsp; Carnival Corp, Cl A <sup>\*</sup> | 41361 | 960 |
| &nbsp;&nbsp;&nbsp; Carvana Co, Cl A <sup>\*</sup> | 1103 | 361 |
| &nbsp;&nbsp;&nbsp; DoorDash Inc, Cl A <sup>\*</sup> | 22270 | 4647 |
| &nbsp;&nbsp;&nbsp; Duolingo Inc, Cl A <sup>\*</sup> | 418 | 217 |
| &nbsp;&nbsp;&nbsp; eBay Inc  | 31865 | 2332 |
| &nbsp;&nbsp;&nbsp; Expedia Group Inc  | 2455 | 409 |
| &nbsp;&nbsp;&nbsp; Ford Motor Co  | 57557 | 597 |
| &nbsp;&nbsp;&nbsp; Garmin Ltd  | 3080 | 625 |
| &nbsp;&nbsp;&nbsp; General Motors Co  | 68988 | 3422 |
| &nbsp;&nbsp;&nbsp; H&R Block Inc  | 2731 | 156 |
| &nbsp;&nbsp;&nbsp; Hasbro Inc  | 29716 | 1982 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings Inc  | 12000 | 2981 |
| &nbsp;&nbsp;&nbsp; Home Depot Inc/The  | 21624 | 7964 |
| &nbsp;&nbsp;&nbsp; Levi Strauss & Co, Cl A  | 17616 | 306 |
| &nbsp;&nbsp;&nbsp; Lowe's Cos Inc  | 14700 | 3318 |
| &nbsp;&nbsp;&nbsp; Magna International Inc, Cl A  | 35820 | 1300 |
| &nbsp;&nbsp;&nbsp; Marriott International Inc/MD, Cl A  | 16053 | 4235 |
| &nbsp;&nbsp;&nbsp; NIKE Inc, Cl B  | 46638 | 2826 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive Inc <sup>\*</sup> | 3388 | 4633 |
| &nbsp;&nbsp;&nbsp; Pool Corp  | 9331 | 2805 |
| &nbsp;&nbsp;&nbsp; PVH Corp  | 3556 | 298 |
| &nbsp;&nbsp;&nbsp; Ross Stores Inc  | 25616 | 3589 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd  | 12013 | 3087 |
| &nbsp;&nbsp;&nbsp; Stride Inc <sup>\*</sup> | 2236 | 338 |
| &nbsp;&nbsp;&nbsp; Tesla Inc <sup>\*</sup> | 18560 | 6430 |
| &nbsp;&nbsp;&nbsp; TJX Cos Inc/The  | 31100 | 3947 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Urban Outfitters Inc <sup>\*</sup> | 7892 | $552 |
| &nbsp;&nbsp;&nbsp; Yum! Brands Inc  | 7189 | 1035 |
|  |  | 113380 |
| **Consumer Staples — 6.0%** | **Consumer Staples — 6.0%** |  |
| &nbsp;&nbsp;&nbsp; Ambev ADR  | 840730 | 2051 |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co  | 33740 | 1629 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores Inc  | 10041 | 4396 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co/The  | 46217 | 3332 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Consolidated Inc  | 17020 | 1951 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co  | 31211 | 2901 |
| &nbsp;&nbsp;&nbsp; Conagra Brands Inc  | 113970 | 2609 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp  | 5066 | 5270 |
| &nbsp;&nbsp;&nbsp; Dollar General Corp  | 52450 | 5101 |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos Inc/The, Cl A  | 27200 | 1821 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper Inc  | 17062 | 574 |
| &nbsp;&nbsp;&nbsp; Kroger Co/The  | 123008 | 8393 |
| &nbsp;&nbsp;&nbsp; Maplebear Inc <sup>\*</sup> | 2875 | 131 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co, Cl B  | 26232 | 1406 |
| &nbsp;&nbsp;&nbsp; PepsiCo Inc  | 32995 | 4337 |
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc  | 55579 | 10037 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co/The  | 30646 | 5206 |
| &nbsp;&nbsp;&nbsp; Target Corp  | 34873 | 3278 |
| &nbsp;&nbsp;&nbsp; Tyson Foods Inc, Cl A  | 35433 | 1990 |
| &nbsp;&nbsp;&nbsp; US Foods Holding Corp <sup>\*</sup> | 23505 | 1860 |
| &nbsp;&nbsp;&nbsp; Walmart Inc  | 104354 | 10302 |
|  |  | 78575 |
| **Energy — 2.5%** | **Energy — 2.5%** |  |
| &nbsp;&nbsp;&nbsp; BP PLC ADR  | 61850 | 1800 |
| &nbsp;&nbsp;&nbsp; Canadian Natural Resources Ltd  | 87090 | 2645 |
| &nbsp;&nbsp;&nbsp; Cheniere Energy Inc  | 11127 | 2637 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips  | 17710 | 1511 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp  | 36850 | 1115 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy Inc  | 16113 | 2168 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc  | 19032 | 1993 |
| &nbsp;&nbsp;&nbsp; Hess Midstream LP, Cl A  | 56380 | 2086 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan Inc  | 82705 | 2319 |
| &nbsp;&nbsp;&nbsp; MPLX LP  | 21737 | 1109 |
| &nbsp;&nbsp;&nbsp; Ovintiv Inc  | 62279 | 2231 |
| &nbsp;&nbsp;&nbsp; Plains All American Pipeline LP  | 71390 | 1181 |
| &nbsp;&nbsp;&nbsp; Schlumberger NV  | 39780 | 1315 |
| &nbsp;&nbsp;&nbsp; Shell PLC ADR  | 40290 | 2668 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp  | 8946 | 1413 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp  | 10680 | 1377 |
| &nbsp;&nbsp;&nbsp; Williams Cos Inc/The  | 54041 | 3270 |
|  |  | 32838 |
| **Financials — 17.8%** | **Financials — 17.8%** |  |
| &nbsp;&nbsp;&nbsp; Allstate Corp/The  | 25525 | 5357 |
| &nbsp;&nbsp;&nbsp; American International Group Inc  | 12153 | 1029 |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial Inc  | 10185 | 5187 |
| &nbsp;&nbsp;&nbsp; Annaly Capital Management Inc <sup>‡</sup> | 196290 | 3720 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp  | 348463 | 15378 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp/The  | 36620 | $3245 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Inc, Cl B <sup>\*</sup> | 6182 | 3115 |
| &nbsp;&nbsp;&nbsp; BlackRock Funding Inc/DE  | 2331 | 2284 |
| &nbsp;&nbsp;&nbsp; Cadence Bank  | 32143 | 974 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp  | 27757 | 5250 |
| &nbsp;&nbsp;&nbsp; Chubb Ltd  | 1781 | 529 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc  | 188511 | 14199 |
| &nbsp;&nbsp;&nbsp; CME Group Inc, Cl A  | 35831 | 10355 |
| &nbsp;&nbsp;&nbsp; Corebridge Financial Inc  | 23291 | 759 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd  | 7996 | 2776 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems Inc  | 10718 | 4912 |
| &nbsp;&nbsp;&nbsp; Fidelity National Financial Inc  | 34506 | 1890 |
| &nbsp;&nbsp;&nbsp; Fidelity National Information Services Inc  | 39846 | 3172 |
| &nbsp;&nbsp;&nbsp; First American Financial Corp  | 5647 | 315 |
| &nbsp;&nbsp;&nbsp; Fiserv Inc <sup>\*</sup> | 15627 | 2544 |
| &nbsp;&nbsp;&nbsp; Global Payments Inc  | 98186 | 7424 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc/The  | 6931 | 4162 |
| &nbsp;&nbsp;&nbsp; Hanover Insurance Group Inc/The  | 8161 | 1436 |
| &nbsp;&nbsp;&nbsp; Hartford Financial Services Group Inc/The  | 15659 | 2033 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange Inc  | 19946 | 3586 |
| &nbsp;&nbsp;&nbsp; Jackson Financial Inc, Cl A  | 6849 | 561 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co  | 87400 | 23074 |
| &nbsp;&nbsp;&nbsp; Kinsale Capital Group Inc  | 9575 | 4519 |
| &nbsp;&nbsp;&nbsp; M&T Bank Corp  | 11460 | 2093 |
| &nbsp;&nbsp;&nbsp; Mastercard Inc, Cl A  | 26587 | 15569 |
| &nbsp;&nbsp;&nbsp; MGIC Investment Corp  | 63269 | 1673 |
| &nbsp;&nbsp;&nbsp; Moody's Corp  | 16319 | 7822 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  | 69762 | 8932 |
| &nbsp;&nbsp;&nbsp; MSCI Inc, Cl A  | 17836 | 10060 |
| &nbsp;&nbsp;&nbsp; Nasdaq Inc  | 34945 | 2919 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp  | 5820 | 220 |
| &nbsp;&nbsp;&nbsp; PayPal Holdings Inc <sup>\*</sup> | 3292 | 231 |
| &nbsp;&nbsp;&nbsp; Popular Inc  | 20143 | 2085 |
| &nbsp;&nbsp;&nbsp; RenaissanceRe Holdings Ltd  | 8531 | 2128 |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp <sup>‡</sup> | 132719 | 1480 |
| &nbsp;&nbsp;&nbsp; Robinhood Markets Inc, Cl A <sup>\*</sup> | 19684 | 1302 |
| &nbsp;&nbsp;&nbsp; S&P Global Inc  | 12186 | 6250 |
| &nbsp;&nbsp;&nbsp; Synchrony Financial  | 51407 | 2964 |
| &nbsp;&nbsp;&nbsp; Synovus Financial Corp  | 4897 | 234 |
| &nbsp;&nbsp;&nbsp; Travelers Cos Inc/The  | 26567 | 7325 |
| &nbsp;&nbsp;&nbsp; US Bancorp  | 13228 | 577 |
| &nbsp;&nbsp;&nbsp; Visa Inc, Cl A  | 52247 | 19080 |
| &nbsp;&nbsp;&nbsp; Webster Financial Corp  | 43521 | 2240 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co  | 30180 | 2257 |
| &nbsp;&nbsp;&nbsp; Willis Towers Watson PLC  | 11180 | 3539 |
| &nbsp;&nbsp;&nbsp; Zions Bancorp NA  | 8023 | 380 |
|  |  | 235145 |
| **Health Care — 9.4%** | **Health Care — 9.4%** |  |
| &nbsp;&nbsp;&nbsp; AbbVie Inc  | 1748 | 325 |
| &nbsp;&nbsp;&nbsp; Amgen Inc  | 6452 | 1859 |
| &nbsp;&nbsp;&nbsp; AstraZeneca PLC ADR  | 20240 | 1474 |
| &nbsp;&nbsp;&nbsp; Avantor Inc <sup>\*</sup> | 50777 | 656 |
| &nbsp;&nbsp;&nbsp; Biogen Inc <sup>\*</sup> | 20682 | 2684 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Bio-Rad Laboratories Inc, Cl A <sup>\*</sup> | 620 | $141 |
| &nbsp;&nbsp;&nbsp; Bridgebio Pharma Inc <sup>\*</sup> | 9825 | 336 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co  | 9358 | 452 |
| &nbsp;&nbsp;&nbsp; Cardinal Health Inc  | 23125 | 3571 |
| &nbsp;&nbsp;&nbsp; Cencora Inc  | 16098 | 4688 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp  | 177354 | 11358 |
| &nbsp;&nbsp;&nbsp; DaVita Inc <sup>\*</sup> | 930 | 127 |
| &nbsp;&nbsp;&nbsp; Dexcom Inc <sup>\*</sup> | 6737 | 578 |
| &nbsp;&nbsp;&nbsp; Doximity Inc, Cl A <sup>\*</sup> | 11586 | 603 |
| &nbsp;&nbsp;&nbsp; Elevance Health Inc  | 6481 | 2488 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co  | 15955 | 11770 |
| &nbsp;&nbsp;&nbsp; Exelixis Inc <sup>\*</sup> | 24357 | 1048 |
| &nbsp;&nbsp;&nbsp; Genmab ADR <sup>\*</sup> | 67210 | 1408 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences Inc  | 30007 | 3303 |
| &nbsp;&nbsp;&nbsp; GSK PLC ADR  | 72570 | 2978 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics Inc <sup>\*</sup> | 19615 | 1100 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc  | 6371 | 2430 |
| &nbsp;&nbsp;&nbsp; Hims & Hers Health Inc <sup>\*</sup> | 10083 | 570 |
| &nbsp;&nbsp;&nbsp; Humana Inc  | 12438 | 2900 |
| &nbsp;&nbsp;&nbsp; ICON PLC <sup>\*</sup> | 13910 | 1812 |
| &nbsp;&nbsp;&nbsp; Illumina Inc <sup>\*</sup> | 506 | 42 |
| &nbsp;&nbsp;&nbsp; Incyte Corp <sup>\*</sup> | 1954 | 127 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals PLC <sup>\*</sup> | 18131 | 1959 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  | 77457 | 12022 |
| &nbsp;&nbsp;&nbsp; McKesson Corp  | 2286 | 1645 |
| &nbsp;&nbsp;&nbsp; Medtronic PLC  | 22170 | 1840 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International Inc <sup>\*</sup> | 2500 | 2889 |
| &nbsp;&nbsp;&nbsp; Neurocrine Biosciences Inc <sup>\*</sup> | 7718 | 949 |
| &nbsp;&nbsp;&nbsp; Organon & Co  | 106320 | 980 |
| &nbsp;&nbsp;&nbsp; Pfizer Inc  | 272935 | 6411 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals Inc  | 263 | 129 |
| &nbsp;&nbsp;&nbsp; ResMed Inc  | 9439 | 2311 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma PLC, Cl A  | 49260 | 1620 |
| &nbsp;&nbsp;&nbsp; Sanofi SA ADR  | 39030 | 1927 |
| &nbsp;&nbsp;&nbsp; Sarepta Therapeutics Inc <sup>\*</sup> | 23508 | 884 |
| &nbsp;&nbsp;&nbsp; STERIS PLC  | 16650 | 4083 |
| &nbsp;&nbsp;&nbsp; Teleflex Inc  | 1612 | 197 |
| &nbsp;&nbsp;&nbsp; TG Therapeutics Inc <sup>\*</sup> | 4443 | 156 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc  | 38264 | 11552 |
| &nbsp;&nbsp;&nbsp; Universal Health Services Inc, Cl B  | 5076 | 966 |
| &nbsp;&nbsp;&nbsp; Veeva Systems Inc, Cl A <sup>\*</sup> | 12396 | 3467 |
| &nbsp;&nbsp;&nbsp; Viatris Inc  | 296521 | 2606 |
| &nbsp;&nbsp;&nbsp; Zoetis Inc, Cl A  | 25568 | 4312 |
|  |  | 123733 |
| **Industrials — 8.9%** | **Industrials — 8.9%** |  |
| &nbsp;&nbsp;&nbsp; AerCap Holdings NV  | 45560 | 5273 |
| &nbsp;&nbsp;&nbsp; Allegion plc  | 13766 | 1964 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc  | 24086 | 7841 |
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc <sup>\*</sup> | 2032 | 1525 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp, Cl A  | 24640 | 2618 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource Inc <sup>\*</sup> | 1660 | 179 |
| &nbsp;&nbsp;&nbsp; Carrier Global Corp  | 42600 | 3033 |
| &nbsp;&nbsp;&nbsp; Caterpillar Inc  | 12211 | 4250 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Disciplined Equity Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Cintas Corp  | 40553 | $9185 |
| &nbsp;&nbsp;&nbsp; CNH Industrial NV  | 171992 | 2152 |
| &nbsp;&nbsp;&nbsp; Comfort Systems USA Inc  | 4275 | 2044 |
| &nbsp;&nbsp;&nbsp; Copart Inc <sup>\*</sup> | 48000 | 2471 |
| &nbsp;&nbsp;&nbsp; Core & Main Inc, Cl A <sup>\*</sup> | 5668 | 311 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines Inc  | 53500 | 2589 |
| &nbsp;&nbsp;&nbsp; Dover Corp  | 10922 | 1941 |
| &nbsp;&nbsp;&nbsp; Equifax Inc  | 8054 | 2128 |
| &nbsp;&nbsp;&nbsp; FedEx Corp  | 6080 | 1326 |
| &nbsp;&nbsp;&nbsp; Flowserve Corp  | 11498 | 574 |
| &nbsp;&nbsp;&nbsp; GE Vernova Inc  | 3461 | 1637 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp  | 6086 | 1695 |
| &nbsp;&nbsp;&nbsp; General Electric Co  | 14367 | 3533 |
| &nbsp;&nbsp;&nbsp; Graco Inc  | 29200 | 2472 |
| &nbsp;&nbsp;&nbsp; Honeywell International Inc  | 3811 | 864 |
| &nbsp;&nbsp;&nbsp; Johnson Controls International plc  | 29168 | 2957 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp  | 15964 | 7701 |
| &nbsp;&nbsp;&nbsp; Lyft Inc, Cl A <sup>\*</sup> | 126060 | 1921 |
| &nbsp;&nbsp;&nbsp; Masco Corp  | 28234 | 1762 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp  | 2819 | 1367 |
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line Inc  | 14272 | 2286 |
| &nbsp;&nbsp;&nbsp; Otis Worldwide Corp  | 29000 | 2765 |
| &nbsp;&nbsp;&nbsp; Paylocity Holding Corp <sup>\*</sup> | 17685 | 3376 |
| &nbsp;&nbsp;&nbsp; Regal Rexnord Corp  | 16570 | 2211 |
| &nbsp;&nbsp;&nbsp; RTX Corp  | 55790 | 7614 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings Inc  | 16257 | 1314 |
| &nbsp;&nbsp;&nbsp; Textron Inc  | 18857 | 1396 |
| &nbsp;&nbsp;&nbsp; Toro Co/The  | 1947 | 147 |
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC  | 6480 | 2788 |
| &nbsp;&nbsp;&nbsp; TransUnion  | 30750 | 2633 |
| &nbsp;&nbsp;&nbsp; Uber Technologies Inc <sup>\*</sup> | 48904 | 4116 |
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co, Cl A  | 9307 | 1004 |
| &nbsp;&nbsp;&nbsp; Waste Connections Inc  | 30922 | 6094 |
| &nbsp;&nbsp;&nbsp; WESCO International Inc  | 10905 | 1831 |
| &nbsp;&nbsp;&nbsp; Woodward Inc  | 4908 | 1062 |
|  |  | 117950 |
| **Information Technology — 25.1%** | **Information Technology — 25.1%** |  |
| &nbsp;&nbsp;&nbsp; Adobe Inc <sup>\*</sup> | 18684 | 7756 |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices Inc <sup>\*</sup> | 27002 | 2990 |
| &nbsp;&nbsp;&nbsp; Akamai Technologies Inc <sup>\*</sup> | 21842 | 1658 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp, Cl A  | 44569 | 4008 |
| &nbsp;&nbsp;&nbsp; Analog Devices Inc  | 15829 | 3387 |
| &nbsp;&nbsp;&nbsp; Apple Inc  | 269549 | 54139 |
| &nbsp;&nbsp;&nbsp; Applied Materials Inc  | 21656 | 3395 |
| &nbsp;&nbsp;&nbsp; Arista Networks Inc <sup>\*</sup> | 39032 | 3382 |
| &nbsp;&nbsp;&nbsp; Atlassian Corp, Cl A <sup>\*</sup> | 8145 | 1691 |
| &nbsp;&nbsp;&nbsp; Autodesk Inc <sup>\*</sup> | 14232 | 4214 |
| &nbsp;&nbsp;&nbsp; Broadcom Inc  | 90476 | 21902 |
| &nbsp;&nbsp;&nbsp; CDW Corp/DE  | 2912 | 525 |
| &nbsp;&nbsp;&nbsp; Cisco Systems Inc  | 110409 | 6960 |
| &nbsp;&nbsp;&nbsp; Crowdstrike Holdings Inc, Cl A <sup>\*</sup> | 4043 | 1906 |
| &nbsp;&nbsp;&nbsp; Dropbox Inc, Cl A <sup>\*</sup> | 61319 | 1770 |
| &nbsp;&nbsp;&nbsp; Elastic NV <sup>\*</sup> | 20137 | 1628 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Enphase Energy Inc <sup>\*</sup> | 8064 | $334 |
| &nbsp;&nbsp;&nbsp; F5 Inc <sup>\*</sup> | 12427 | 3546 |
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp <sup>\*</sup> | 171 | 295 |
| &nbsp;&nbsp;&nbsp; Fortinet Inc <sup>\*</sup> | 14863 | 1513 |
| &nbsp;&nbsp;&nbsp; Freshworks Inc, Cl A <sup>\*</sup> | 12883 | 197 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co  | 136250 | 2354 |
| &nbsp;&nbsp;&nbsp; HP Inc  | 46744 | 1164 |
| &nbsp;&nbsp;&nbsp; Intel Corp  | 223438 | 4368 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp  | 8100 | 2098 |
| &nbsp;&nbsp;&nbsp; Intuit Inc  | 19156 | 14433 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies Inc <sup>\*</sup> | 1457 | 229 |
| &nbsp;&nbsp;&nbsp; KLA Corp  | 536 | 406 |
| &nbsp;&nbsp;&nbsp; Kyndryl Holdings Inc <sup>\*</sup> | 21978 | 858 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp  | 89865 | 7260 |
| &nbsp;&nbsp;&nbsp; Micron Technology Inc  | 21170 | 2000 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp  | 154345 | 71054 |
| &nbsp;&nbsp;&nbsp; MongoDB Inc, Cl A <sup>\*</sup> | 3825 | 722 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems Inc  | 7517 | 4976 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc  | 10309 | 4282 |
| &nbsp;&nbsp;&nbsp; NetApp Inc  | 15632 | 1550 |
| &nbsp;&nbsp;&nbsp; Nutanix Inc, Cl A <sup>\*</sup> | 443 | 34 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp  | 229518 | 31015 |
| &nbsp;&nbsp;&nbsp; Okta Inc, Cl A <sup>\*</sup> | 3561 | 367 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp <sup>\*</sup> | 53910 | 2265 |
| &nbsp;&nbsp;&nbsp; Oracle Corp  | 28610 | 4736 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies Inc, Cl A <sup>\*</sup> | 13351 | 1759 |
| &nbsp;&nbsp;&nbsp; Palo Alto Networks Inc <sup>\*</sup> | 18472 | 3554 |
| &nbsp;&nbsp;&nbsp; Pegasystems Inc  | 13109 | 1287 |
| &nbsp;&nbsp;&nbsp; QUALCOMM Inc  | 21509 | 3123 |
| &nbsp;&nbsp;&nbsp; Rubrik Inc, Cl A <sup>\*</sup> | 10465 | 998 |
| &nbsp;&nbsp;&nbsp; Salesforce Inc  | 50000 | 13268 |
| &nbsp;&nbsp;&nbsp; SanDisk Corp <sup>\*</sup> | 4421 | 167 |
| &nbsp;&nbsp;&nbsp; ServiceNow Inc <sup>\*</sup> | 3371 | 3408 |
| &nbsp;&nbsp;&nbsp; Snap Inc, Cl A <sup>\*</sup> | 17339 | 143 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co Ltd ADR  | 30061 | 5811 |
| &nbsp;&nbsp;&nbsp; TE Connectivity PLC  | 14452 | 2313 |
| &nbsp;&nbsp;&nbsp; Teradyne Inc  | 9642 | 758 |
| &nbsp;&nbsp;&nbsp; Twilio Inc, Cl A <sup>\*</sup> | 18698 | 2201 |
| &nbsp;&nbsp;&nbsp; UiPath Inc, Cl A <sup>\*</sup> | 21258 | 283 |
| &nbsp;&nbsp;&nbsp; Unity Software Inc <sup>\*</sup> | 19728 | 515 |
| &nbsp;&nbsp;&nbsp; Universal Display Corp  | 956 | 137 |
| &nbsp;&nbsp;&nbsp; VeriSign Inc  | 6117 | 1667 |
| &nbsp;&nbsp;&nbsp; Vontier Corp  | 71970 | 2573 |
| &nbsp;&nbsp;&nbsp; Workday Inc, Cl A <sup>\*</sup> | 12335 | 3056 |
| &nbsp;&nbsp;&nbsp; Zoom Video Communications Inc, Cl A <sup>\*</sup> | 4749 | 386 |
|  |  | 330774 |
| **Materials — 2.5%** | **Materials — 2.5%** |  |
| &nbsp;&nbsp;&nbsp; Celanese Corp, Cl A  | 53290 | 2815 |
| &nbsp;&nbsp;&nbsp; CRH PLC  | 4551 | 415 |
| &nbsp;&nbsp;&nbsp; Crown Holdings Inc  | 18540 | 1826 |
| &nbsp;&nbsp;&nbsp; FMC Corp  | 91990 | 3731 |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc, Cl B  | 65320 | 2514 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Linde PLC  | 9460 | $| 4423 |
| &nbsp;&nbsp;&nbsp; Louisiana-Pacific Corp  | 17753 |  | 1599 |
| &nbsp;&nbsp;&nbsp; Mosaic Co/The  | 60187 |  | 2175 |
| &nbsp;&nbsp;&nbsp; Newmont Corp  | 45831 |  | 2416 |
| &nbsp;&nbsp;&nbsp; Reliance Inc  | 11466 |  | 3358 |
| &nbsp;&nbsp;&nbsp; Sherwin-Williams Co/The  | 22649 |  | 8127 |
|  |  |  | 33399 |
| **Real Estate — 1.9%** | **Real Estate — 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp; American Tower Corp, Cl A <sup>‡</sup> | 4728 |  | 1015 |
| &nbsp;&nbsp;&nbsp; Equinix Inc <sup>‡</sup> | 13009 |  | 11563 |
| &nbsp;&nbsp;&nbsp; Healthcare Realty Trust Inc, Cl A <sup>‡</sup> | 48589 |  | 704 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts Inc <sup>‡</sup> | 121900 |  | 1888 |
| &nbsp;&nbsp;&nbsp; Howard Hughes Holdings Inc <sup>\*</sup> | 20080 |  | 1372 |
| &nbsp;&nbsp;&nbsp; Prologis Inc <sup>‡</sup> | 8433 |  | 916 |
| &nbsp;&nbsp;&nbsp; SBA Communications Corp, Cl A <sup>‡</sup> | 1898 |  | 440 |
| &nbsp;&nbsp;&nbsp; Ventas Inc <sup>‡</sup> | 42109 |  | 2707 |
| &nbsp;&nbsp;&nbsp; Vornado Realty Trust <sup>‡</sup> | 34738 |  | 1308 |
| &nbsp;&nbsp;&nbsp; Welltower Inc <sup>‡</sup> | 12806 |  | 1976 |
| &nbsp;&nbsp;&nbsp; Zillow Group Inc, Cl C <sup>\*</sup> | 12051 |  | 809 |
|  |  |  | 24698 |
| **Utilities — 2.4%** | **Utilities — 2.4%** |  |  |
| &nbsp;&nbsp;&nbsp; AES Corp/The  | 77768 |  | 785 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison Inc  | 12158 |  | 1270 |
| &nbsp;&nbsp;&nbsp; Dominion Energy Inc  | 54550 |  | 3091 |
| &nbsp;&nbsp;&nbsp; Edison International  | 39000 |  | 2170 |
| &nbsp;&nbsp;&nbsp; Entergy Corp  | 8526 |  | 710 |
| &nbsp;&nbsp;&nbsp; Evergy Inc  | 4811 |  | 320 |
| &nbsp;&nbsp;&nbsp; Exelon Corp  | 97884 |  | 4289 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp  | 63220 |  | 2652 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co  | 36070 |  | 2977 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc  | 27794 |  | 4333 |
| &nbsp;&nbsp;&nbsp; PG&E Corp  | 152218 |  | 2570 |
| &nbsp;&nbsp;&nbsp; Sempra  | 36180 |  | 2843 |
| &nbsp;&nbsp;&nbsp; Southern Co/The  | 530 |  | 48 |
| &nbsp;&nbsp;&nbsp; Southwest Gas Holdings Inc  | 11627 |  | 835 |
| &nbsp;&nbsp;&nbsp; Xcel Energy Inc  | 43640 |  | 3059 |
|  |  |  | 31952 |
|  Total Common Stock  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $910,525) ($ Thousands) |  |  | 1227643 |
|  | Face Amount <br> (Thousands) |  |  |
| **U.S. TREASURY OBLIGATION — 2.2%** | **U.S. TREASURY OBLIGATION — 2.2%** | **U.S. TREASURY OBLIGATION — 2.2%** | **U.S. TREASURY OBLIGATION — 2.2%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bill  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.289%, 08/21/2025 (A) | $29600 |  | 29322 |
|  Total U.S. Treasury Obligation |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $29,317) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $29,317) ($ Thousands) |  | 29322 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **CASH EQUIVALENT — 4.3%** | **CASH EQUIVALENT — 4.3%** | **CASH EQUIVALENT — 4.3%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 56194800 | $56195 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $56,195) ($ Thousands) |  | 56195 |
| Total Investments in Securities — 99.6% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $996,037) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $996,037) ($ Thousands)  | $1313160 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Disciplined Equity Fund** (Continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; S&P 500 Index E-MINI | 142 | Jun-2025 | $39748 | $42003 | $2255 |

---

A list of the open OTC Swap agreement held by the Fund at May 31, 2025, is as follows:

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** |
| **Counterparty** | **Reference Entity/ Obligation** | **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional<br> Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/<br> Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| Bank of America Merrill Lynch | Mackenzie Investments Corporation Custom Basket of Securities | Custom Financing | Basket Return | Annually | 09/15/2025 | USD | 34614 | $1186 | $– | $1186 |
|  |  |  |  |  |  |  |  | $1186 | $– | $1186 |

---

The following table represents the top 50 individual stock exposures or those exceeding 1% of the Custom Basket Total Return Swap as of May 31, 2025:

United States Custom Basket of Long Securities

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| 190154 | NVIDIA CORP | $25638 | $24 | 74.1% |
| 86947 | ALPHABET INC | 14256 | 467 | 41.2 |
| 61363 | AMAZON.COM INC | 12590 | (93) | 36.4 |
| 821 | BOOKING HOLDINGS INC | 4300 | 223 | 12.4 |
| 31504 | COLGATE-PALMOLIVE CO | 2824 | 92 | 8.2 |
| 16249 | EXPEDIA GROUP INC | 2701 | (6) | 7.8 |
| 31619 | CITIGROUP INC | 2402 | (16) | 6.9 |
| 79548 | NEWS CORP | 2239 | (13) | 6.5 |
| 3302 | S&P GLOBAL INC | 1715 | (19) | 5.0 |
| 32064 | FLOWSERVE CORP | 1638 | (33) | 4.7 |
| 28386 | EDISON INTERNATIONAL | 1635 | (68) | 4.7 |
| 19545 | TEXTRON INC | 1485 | (52) | 4.3 |
| 17680 | TERADYNE INC | 1467 | (71) | 4.2 |
| 26435 | PURE STORAGE INC | 1467 | (57) | 4.2 |
| 9670 | YUM! BRANDS INC | 1422 | (28) | 4.1 |
| 1378 | BLACKROCK INC | 1355 | (18) | 3.9 |
| 1146 | NETFLIX INC | 1350 | 16 | 3.9 |
| 19248 | INCYTE CORP | 1208 | 29 | 3.5 |
| 39096 | AT&T INC | 1068 | 9 | 3.1 |
| 18911 | MOLSON COORS BEVERAGE CO | 1064 | (59) | 3.1 |
| 6457 | ORACLE CORP | 1029 | 24 | 3.0 |
| 2084 | COMFORT SYSTEMS USA INC | 966 | 34 | 2.8 |
| 11938 | US FOODS HOLDING CORP | 905 | 37 | 2.6 |
| 6686 | BUILDERS FIRSTSOURCE INC | 789 | (72) | 2.3 |
| 4668 | TARGA RESOURCES CORP | 777 | (45) | 2.2 |
| 2507 | SALESFORCE INC | 729 | (69) | 2.1 |
| 2635 | EQUIFAX INC | 725 | (31) | 2.1 |
| 6630 | POPULAR INC | 695 | (8) | 2.0 |
| 3198 | AMERICAN TOWER CORP | 677 | 6 | 2.0 |
| 1326 | GE VERNOVA INC | 566 | 57 | 1.6 |
| 1080 | BERKSHIRE HATHAWAY INC | 548 | (6) | 1.6 |
| 2937 | AVERY DENNISON CORP | 534 | (15) | 1.5 |
| 1376 | HUACHEN AI PKG MGMT TECHNOLOGY SHS NEW | 530 | (9) | 1.5 |
| 17409 | DROPBOX INC | 513 | (16) | 1.5 |
| 17287 | MATCH GROUP INC | 501 | 13 | 1.4 |
| 3954 | BIOGEN INC | 489 | 25 | 1.4 |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| 7223 | MASCO CORP | $486 | $(34) | 1.4% |
| 1835 | RENAISSANCERE HOLDINGS LTD | 446 | 6 | 1.3 |
| 3632 | NEUROCRINE BIOSCIENCES INC | 437 | 7 | 1.3 |
| 1544 | VERISIGN INC | 435 | (19) | 1.3 |
| 7660 | WEBSTER FINANCIAL CORP | 405 | (12) | 1.2 |
| 474 | KLA CORP | 382 | (21) | 1.1 |
| 9486 | HESS MIDSTREAM LP | 369 | (17) | 1.1 |
| 3732 | JOHNSON CONTROLS INTERNATION | 361 | 15 | 1 |
| 3831 | LOUISIANA-PACIFIC CORP | 358 | (12) | 1 |
| 6928 | SYNOVUS FINANCIAL CORP | 342 | (12) | 1 |
| 4217 | ILLUMINA INC | 341 | 7 | 1 |
| 25266 | CNH INDUSTRIAL N.V. | 339 | (14) | 1 |
| 801 | ADOBE INC | 324 | 7 | 0.9 |
| 4012 | ROBLOX CORP  | 324 | 19 | 0.9 |

---

United States Custom Basket of Short Securities

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| (5618) | RBC BEARINGS INC | $(2063) | $13 | (6.0)% |
| (32295) | ROBINHOOD MARKETS INC | (1960) | (141) | (5.7) |
| (17009) | UMB FINANCIAL CORP | (1811) | 57 | (5.2) |
| (10544) | HAMILTON LANE INC | (1794) | 217 | (5.2) |
| (27080) | COMMERCE BANCSHARES INC | (1775) | 77 | (5.1) |
| (15964) | PINNACLE FINANCIAL PARTNERS | (1771) | 74 | (5.1) |
| (896) | FIRST CITIZENS BCSHS  | (1762) | 126 | (5.1) |
| (114163) | HOST HOTELS & RESORTS INC | (1758) | (20) | (5.1) |
| (35297) | INTERNATIONAL PAPER CO | (1750) | 54 | (5.1) |
| (35387) | CNA FINANCIAL CORP | (1724) | 26 | (5.0) |
| (4639) | ERIE INDEMNITY COMPANY | (1709) | 65 | (4.9) |
| (18661) | SOUTHSTATE CORP | (1698) | 48 | (4.9) |
| (13244) | CULLEN/FROST BANKERS INC | (1696) | (4) | (4.9) |
| (77934) | ARES CAPITAL CORP | (1689) | (23) | (4.9) |
| (41011) | VIPER ENERGY INC | (1686) | 45 | (4.9) |
| (11955) | AMERICAN WATER WORKS CO INC | (1678) | (28) | (4.8) |
| (3643) | KINSALE CAPITAL GROUP INC | (1674) | (26) | (4.8) |
| (52936) | BLACKSTONE SECD LENDING FD COMMON STOCK | (1659) | (31) | (4.8) |
| (400638) | UWM HOLDINGS CORP | (1659) | (75) | (4.8) |
| (57902) | GAMESTOP CORP | (1656) | (65) | (4.8) |
| (20837) | CARRIER GLOBAL CORP | (1531) | 51 | (4.4) |
| (5072) | MEDPACE HOLDINGS INC | (1503) | 2 | (4.3) |
| (11089) | TD SYNNEX CORP | (1369) | 32 | (4.0) |
| (6907) | CDW CORP/DE | (1297) | 54 | (3.7) |
| (10060) | XPO INC | (1264) | 112 | (3.7) |
| (5785) | HEICO CORP NEW COM | (1261) | (94) | (3.6) |
| (146244) | JOBY AVIATION INC | (1100) | (47) | (3.2) |
| (4823) | FABRINET | (1078) | (28) | (3.1) |
| (72044) | BLUE OWL CAPITAL CORP | (1049) | (6) | (3.0) |
| (10578) | RYMAN HOSPITALITY PROPERTIES | (1025) | (8) | (3.0) |
| (8341) | EXPEDITORS INTL WASH INC | (959) | 19 | (2.8) |
| (2358) | LPL FINANCIAL HOLDINGS INC | (899) | (10) | (2.6) |
| (82147) | ROIVANT SCIENCES LTD | (884) | (18) | (2.6) |
| (13892) | ALBEMARLE CORP | (838) | 56 | (2.4) |
| (2831) | MADRIGAL PHARMACEUTICALS INC | (826) | 53 | (2.4) |
| (22263) | DRAFTKINGS INC | (815) | 29 | (2.4) |
| (9230) | LOAR HOLDINGS INC | (772) | (21) | (2.2) |
| (7633) | CAVA GROUP INC COM | (756) | 153 | (2.2) |
| (9270) | COHERENT CORP | (731) | 31 | (2.1) |
| (27890) | ROCKET LAB CORP | (703) | (73) | (2.0) |
| (8899) | WESTERN ALLIANCE BANCORP | (697) | 43 | (2.0) |
| (14189) | UPSTART HOLDINGS INC | (672) | 17 | (1.9) |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Disciplined Equity Fund** (Concluded)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| (5927) | FIVE BELOW  | $(651) | $(28) | (1.9)% |
| (5161) | REPLIGEN CORP | (636) | 17 | (1.8) |
| (2028) | POOL CORP | (636) | 26 | (1.8) |
| (14265) | SUPER MICRO COMPUTER INC | (627) | 69 | (1.8) |
| (23652) | AST SPACEMOBILE INC | (621) | 81 | (1.8) |
| (26865) | SUMMIT THERAPEUTICS INC | (620) | 101 | (1.8) |
| (4682) | NOVANTA INC | (607) | 28 | (1.8) |
| (7441) | PRINCIPAL FINANCIAL GROUP | (606) | 26 | (1.8) |
| (195638) | LUCID GROUP INC | (537) | 87 | (1.6) |
| (14757) | IONQ INC | (522) | (120) | (1.5) |
| (3036) | AEROVIRONMENT INC | (502) | (23) | (1.5) |
| (2438) | FIRST SOLAR INC | (454) | 118 | (1.3) |
| (5927) | COSTAR GROUP INC | (451) | 42 | (1.3) |
| (2403) | AUTONATION INC | (445) | 7 | (1.3) |
| (6117) | DUTCH BROS INC | (438) | 8 | (1.3) |
| (2239) | PACKAGING CORP OF AMERICA | (427) | (3) | (1.2) |
| (9992) | FIFTH THIRD BANCORP | (395) | 75 | (1.1) |
| (12893) | CYTOKINETICS INC | (385) | (15) | (1.1) |
| (9783) | CELSIUS HOLDINGS INC | (382) | 22 | (1.1) |
| (18733) | BLUE OWL CAPITAL INC | (362) | 12 | (1.0) |
| (14711) | NUSCALE POWER CORP | (353) | (179) | (1.0) |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $1,318,047 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| <sup>†</sup><sup>†</sup> | Narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| (A) | Interest rate represents the security's effective yield at the time of purchase. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1<br> ($)** | **Level 2<br> ($)** | **Level 3<br> ($)** | **Total<br> ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 1227643 |  |  | 1227643 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligation |  | 29322 |  | 29322 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 56195 | – |  | 56195 |
|  Total Investments in Securities | 1283838 | 29322 |  | 1313160 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 2255 |  |  | 2255 |
| &nbsp;&nbsp;&nbsp; OTC Swap |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Return Swap\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | – | 1186 |  | 1186 |
| Total Other Financial Instruments | 2255 | 1186 |  | 3441 |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Liquidity Fund, LP  | $2 | $— | $(2) | $(2) | $2 | $— | $— | $— |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | 29003 | 443276 | (416084) |  |  | 56195 | 1942 |  |
| Totals  | $29005 | $443276 | $(416086) | $(2) | $2 | $56195 | $1942 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Index Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> — 98.0%** | **COMMON STOCK<sup>†</sup><sup>†</sup> — 98.0%** | **COMMON STOCK<sup>†</sup><sup>†</sup> — 98.0%** |
| **Communication Services — 9.3%** | **Communication Services — 9.3%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl A  | 207410 | $35621 |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl C  | 171330 | 29614 |
| &nbsp;&nbsp;&nbsp; Angi Inc, Cl A <sup>\*</sup> | 1172 | 18 |
| &nbsp;&nbsp;&nbsp; AT&T Inc  | 252385 | 7016 |
| &nbsp;&nbsp;&nbsp; Charter Communications Inc, Cl A <sup>\*</sup> | 3297 | 1306 |
| &nbsp;&nbsp;&nbsp; Comcast Corp, Cl A  | 132500 | 4580 |
| &nbsp;&nbsp;&nbsp; DoubleVerify Holdings Inc <sup>\*</sup> | 4800 | 66 |
| &nbsp;&nbsp;&nbsp; Electronic Arts Inc  | 9365 | 1346 |
| &nbsp;&nbsp;&nbsp; Fox Corp  | 12027 | 640 |
| &nbsp;&nbsp;&nbsp; Frontier Communications Parent Inc <sup>\*</sup> | 8300 | 301 |
| &nbsp;&nbsp;&nbsp; GCI Liberty - Escrow <sup>\*</sup> | 4949 |  |
| &nbsp;&nbsp;&nbsp; IAC Inc <sup>\*</sup> | 2232 | 80 |
| &nbsp;&nbsp;&nbsp; Interpublic Group of Cos Inc/The  | 12845 | 308 |
| &nbsp;&nbsp;&nbsp; Iridium Communications Inc  | 2700 | 69 |
| &nbsp;&nbsp;&nbsp; Liberty Broadband Corp, Cl A <sup>\*</sup> | 80 | 7 |
| &nbsp;&nbsp;&nbsp; Liberty Broadband Corp, Cl C <sup>\*</sup> | 3678 | 345 |
| &nbsp;&nbsp;&nbsp; Liberty Global Ltd, Cl A <sup>\*</sup> | 6100 | 59 |
| &nbsp;&nbsp;&nbsp; Liberty Global PLC <sup>\*</sup> | 6300 | 62 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Formula One, Cl A <sup>\*</sup> | 1200 | 106 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Formula One, Cl C <sup>\*</sup> | 7600 | 734 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Live, Cl A <sup>\*</sup> | 731 | 52 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Live, Cl C <sup>\*</sup> | 1892 | 138 |
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment Inc <sup>\*</sup> | 5100 | 700 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Sports Corp, Cl A <sup>\*</sup> | 486 | 92 |
| &nbsp;&nbsp;&nbsp; Match Group Inc  | 8996 | 269 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc, Cl A  | 77250 | 50019 |
| &nbsp;&nbsp;&nbsp; Netflix Inc <sup>\*</sup> | 15150 | 18290 |
| &nbsp;&nbsp;&nbsp; New York Times Co/The, Cl A  | 5400 | 308 |
| &nbsp;&nbsp;&nbsp; News Corp  | 3200 | 105 |
| &nbsp;&nbsp;&nbsp; News Corp, Cl A  | 12946 | 366 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group Inc, Cl A  | 1000 | 170 |
| &nbsp;&nbsp;&nbsp; Omnicom Group Inc  | 6644 | 488 |
| &nbsp;&nbsp;&nbsp; Paramount Global, Cl A  | 715 | 16 |
| &nbsp;&nbsp;&nbsp; Paramount Global, Cl B  | 22586 | 273 |
| &nbsp;&nbsp;&nbsp; Pinterest Inc, Cl A <sup>\*</sup> | 21700 | 675 |
| &nbsp;&nbsp;&nbsp; Playtika Holding Corp  | 1405 | 7 |
| &nbsp;&nbsp;&nbsp; ROBLOX Corp, Cl A <sup>\*</sup> | 18700 | 1626 |
| &nbsp;&nbsp;&nbsp; Roku Inc, Cl A <sup>\*</sup> | 4300 | 312 |
| &nbsp;&nbsp;&nbsp; Sirius XM Holdings Inc  | 5992 | 130 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA <sup>\*</sup> | 5200 | 3459 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software Inc <sup>\*</sup> | 6135 | 1388 |
| &nbsp;&nbsp;&nbsp; TKO Group Holdings Inc, Cl A  | 2500 | 394 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc  | 16692 | 4043 |
| &nbsp;&nbsp;&nbsp; Trade Desk Inc/The, Cl A <sup>\*</sup> | 15900 | 1196 |
| &nbsp;&nbsp;&nbsp; TripAdvisor Inc <sup>\*</sup> | 5167 | 74 |
| &nbsp;&nbsp;&nbsp; Trump Media & Technology Group Corp <sup>\*</sup> | 2100 | 45 |
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc  | 148276 | 6518 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co/The  | 64000 | 7235 |
| &nbsp;&nbsp;&nbsp; Warner Bros Discovery Inc <sup>\*</sup> | 86836 | 866 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; ZoomInfo Technologies Inc, Cl A <sup>\*</sup> | 12100 | $116 |
|  |  | 181648 |
| **Consumer Discretionary — 10.5%** | **Consumer Discretionary — 10.5%** |  |
| &nbsp;&nbsp;&nbsp; ADT Inc  | 5483 | 46 |
| &nbsp;&nbsp;&nbsp; Advance Auto Parts Inc  | 2208 | 106 |
| &nbsp;&nbsp;&nbsp; Airbnb Inc, Cl A <sup>\*</sup> | 15500 | 2000 |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc <sup>\*</sup> | 330890 | 67836 |
| &nbsp;&nbsp;&nbsp; APTIV PLC <sup>\*</sup> | 8700 | 581 |
| &nbsp;&nbsp;&nbsp; Aramark  | 8900 | 360 |
| &nbsp;&nbsp;&nbsp; AutoNation Inc <sup>\*</sup> | 832 | 153 |
| &nbsp;&nbsp;&nbsp; AutoZone Inc <sup>\*</sup> | 579 | 2161 |
| &nbsp;&nbsp;&nbsp; Bath & Body Works Inc  | 7557 | 213 |
| &nbsp;&nbsp;&nbsp; Best Buy Co Inc  | 7147 | 474 |
| &nbsp;&nbsp;&nbsp; Birkenstock Holding PLC <sup>\*</sup> | 1000 | 54 |
| &nbsp;&nbsp;&nbsp; Booking Holdings Inc  | 1128 | 6225 |
| &nbsp;&nbsp;&nbsp; BorgWarner Inc  | 7764 | 257 |
| &nbsp;&nbsp;&nbsp; Boyd Gaming Corp  | 2400 | 180 |
| &nbsp;&nbsp;&nbsp; Bright Horizons Family Solutions Inc <sup>\*</sup> | 1900 | 245 |
| &nbsp;&nbsp;&nbsp; Brunswick Corp/DE  | 2300 | 116 |
| &nbsp;&nbsp;&nbsp; Burlington Stores Inc <sup>\*</sup> | 2500 | 571 |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment Inc <sup>\*</sup> | 7200 | 194 |
| &nbsp;&nbsp;&nbsp; Capri Holdings Ltd <sup>\*</sup> | 3900 | 71 |
| &nbsp;&nbsp;&nbsp; CarMax Inc <sup>\*</sup> | 4760 | 307 |
| &nbsp;&nbsp;&nbsp; Carnival Corp, Cl A <sup>\*</sup> | 34000 | 789 |
| &nbsp;&nbsp;&nbsp; Carter's Inc  | 1400 | 44 |
| &nbsp;&nbsp;&nbsp; Carvana Co, Cl A <sup>\*</sup> | 3600 | 1178 |
| &nbsp;&nbsp;&nbsp; Cava Group Inc <sup>\*</sup> | 2600 | 211 |
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill Inc, Cl A <sup>\*</sup> | 48950 | 2451 |
| &nbsp;&nbsp;&nbsp; Choice Hotels International Inc  | 884 | 112 |
| &nbsp;&nbsp;&nbsp; Churchill Downs Inc  | 2500 | 239 |
| &nbsp;&nbsp;&nbsp; Columbia Sportswear Co  | 900 | 57 |
| &nbsp;&nbsp;&nbsp; Coupang Inc, Cl A <sup>\*</sup> | 41500 | 1164 |
| &nbsp;&nbsp;&nbsp; Crocs Inc <sup>\*</sup> | 2100 | 214 |
| &nbsp;&nbsp;&nbsp; Darden Restaurants Inc  | 4268 | 914 |
| &nbsp;&nbsp;&nbsp; Deckers Outdoor Corp <sup>\*</sup> | 4800 | 506 |
| &nbsp;&nbsp;&nbsp; Dick's Sporting Goods Inc  | 1858 | 333 |
| &nbsp;&nbsp;&nbsp; Dillard's Inc, Cl A  | 100 | 40 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza Inc  | 1200 | 569 |
| &nbsp;&nbsp;&nbsp; DoorDash Inc, Cl A <sup>\*</sup> | 12100 | 2525 |
| &nbsp;&nbsp;&nbsp; DR Horton Inc  | 10468 | 1236 |
| &nbsp;&nbsp;&nbsp; DraftKings Inc, Cl A <sup>\*</sup> | 17500 | 628 |
| &nbsp;&nbsp;&nbsp; Duolingo Inc, Cl A <sup>\*</sup> | 1300 | 675 |
| &nbsp;&nbsp;&nbsp; Dutch Bros Inc, Cl A <sup>\*</sup> | 3400 | 245 |
| &nbsp;&nbsp;&nbsp; eBay Inc  | 17111 | 1252 |
| &nbsp;&nbsp;&nbsp; Etsy Inc <sup>\*</sup> | 4300 | 238 |
| &nbsp;&nbsp;&nbsp; Expedia Group Inc  | 4422 | 737 |
| &nbsp;&nbsp;&nbsp; Five Below Inc <sup>\*</sup> | 1400 | 163 |
| &nbsp;&nbsp;&nbsp; Floor & Decor Holdings Inc, Cl A <sup>\*</sup> | 3600 | 258 |
| &nbsp;&nbsp;&nbsp; Ford Motor Co  | 139184 | 1445 |
| &nbsp;&nbsp;&nbsp; GameStop Corp, Cl A <sup>\*</sup> | 12900 | 384 |
| &nbsp;&nbsp;&nbsp; Gap Inc/The  | 7721 | 172 |
| &nbsp;&nbsp;&nbsp; Garmin Ltd  | 5500 | 1116 |
| &nbsp;&nbsp;&nbsp; General Motors Co  | 33800 | 1677 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Gentex Corp  | 7764 | $167 |
| &nbsp;&nbsp;&nbsp; Genuine Parts Co  | 4711 | 596 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education Inc <sup>\*</sup> | 1200 | 237 |
| &nbsp;&nbsp;&nbsp; H&R Block Inc  | 4725 | 269 |
| &nbsp;&nbsp;&nbsp; Harley-Davidson Inc  | 4103 | 99 |
| &nbsp;&nbsp;&nbsp; Hasbro Inc  | 4967 | 331 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings Inc  | 8183 | 2033 |
| &nbsp;&nbsp;&nbsp; Home Depot Inc/The  | 35129 | 12938 |
| &nbsp;&nbsp;&nbsp; Hyatt Hotels Corp, Cl A  | 1000 | 132 |
| &nbsp;&nbsp;&nbsp; Kohl's Corp  | 5319 | 43 |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp  | 13693 | 564 |
| &nbsp;&nbsp;&nbsp; Lear Corp  | 1700 | 154 |
| &nbsp;&nbsp;&nbsp; Leggett & Platt Inc  | 3312 | 30 |
| &nbsp;&nbsp;&nbsp; Lennar Corp, Cl A  | 7690 | 816 |
| &nbsp;&nbsp;&nbsp; Lennar Corp, Cl B  | 513 | 52 |
| &nbsp;&nbsp;&nbsp; Light & Wonder Inc, Cl A <sup>\*</sup> | 3300 | 297 |
| &nbsp;&nbsp;&nbsp; Lithia Motors Inc, Cl A  | 900 | 285 |
| &nbsp;&nbsp;&nbsp; LKQ Corp  | 8400 | 340 |
| &nbsp;&nbsp;&nbsp; Lowe's Cos Inc  | 19960 | 4506 |
| &nbsp;&nbsp;&nbsp; Lucid Group Inc <sup>\*</sup> | 23800 | 53 |
| &nbsp;&nbsp;&nbsp; Lululemon Athletica Inc <sup>\*</sup> | 4000 | 1267 |
| &nbsp;&nbsp;&nbsp; Macy's Inc  | 9300 | 111 |
| &nbsp;&nbsp;&nbsp; Marriott International Inc/MD, Cl A  | 8194 | 2162 |
| &nbsp;&nbsp;&nbsp; Marriott Vacations Worldwide Corp  | 1100 | 72 |
| &nbsp;&nbsp;&nbsp; Mattel Inc <sup>\*</sup> | 11542 | 219 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp  | 25330 | 7950 |
| &nbsp;&nbsp;&nbsp; MGM Resorts International <sup>\*</sup> | 6539 | 207 |
| &nbsp;&nbsp;&nbsp; Mohawk Industries Inc <sup>\*</sup> | 1766 | 178 |
| &nbsp;&nbsp;&nbsp; Murphy USA Inc  | 600 | 256 |
| &nbsp;&nbsp;&nbsp; Newell Brands Inc  | 14293 | 76 |
| &nbsp;&nbsp;&nbsp; NIKE Inc, Cl B  | 40418 | 2449 |
| &nbsp;&nbsp;&nbsp; Norwegian Cruise Line Holdings Ltd <sup>\*</sup> | 11900 | 210 |
| &nbsp;&nbsp;&nbsp; NVR Inc <sup>\*</sup> | 94 | 669 |
| &nbsp;&nbsp;&nbsp; Ollie's Bargain Outlet Holdings Inc <sup>\*</sup> | 1700 | 189 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive Inc <sup>\*</sup> | 1990 | 2721 |
| &nbsp;&nbsp;&nbsp; Penn Entertainment Inc <sup>\*</sup> | 3300 | 49 |
| &nbsp;&nbsp;&nbsp; Penske Automotive Group Inc  | 800 | 131 |
| &nbsp;&nbsp;&nbsp; Planet Fitness Inc, Cl A <sup>\*</sup> | 2700 | 278 |
| &nbsp;&nbsp;&nbsp; Polaris Inc  | 1900 | 75 |
| &nbsp;&nbsp;&nbsp; Pool Corp  | 1200 | 361 |
| &nbsp;&nbsp;&nbsp; PulteGroup Inc  | 7745 | 759 |
| &nbsp;&nbsp;&nbsp; PVH Corp  | 2200 | 184 |
| &nbsp;&nbsp;&nbsp; QuantumScape Corp, Cl A <sup>\*</sup> | 13000 | 52 |
| &nbsp;&nbsp;&nbsp; Ralph Lauren Corp, Cl A  | 1280 | 354 |
| &nbsp;&nbsp;&nbsp; RH <sup>\*</sup> | 500 | 91 |
| &nbsp;&nbsp;&nbsp; Rivian Automotive Inc, Cl A <sup>\*</sup> | 26200 | 381 |
| &nbsp;&nbsp;&nbsp; Ross Stores Inc  | 11476 | 1608 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd  | 8300 | 2133 |
| &nbsp;&nbsp;&nbsp; Service Corp International/US  | 4194 | 327 |
| &nbsp;&nbsp;&nbsp; SharkNinja Inc <sup>\*</sup> | 2400 | 221 |
| &nbsp;&nbsp;&nbsp; Skechers USA Inc, Cl A <sup>\*</sup> | 3800 | 236 |
| &nbsp;&nbsp;&nbsp; Starbucks Corp  | 40262 | 3380 |
| &nbsp;&nbsp;&nbsp; Tapestry Inc  | 7767 | 610 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Tempur Sealy International Inc  | 5700 | $371 |
| &nbsp;&nbsp;&nbsp; Tesla Inc <sup>\*</sup> | 98105 | 33989 |
| &nbsp;&nbsp;&nbsp; Texas Roadhouse Inc, Cl A  | 2300 | 449 |
| &nbsp;&nbsp;&nbsp; Thor Industries Inc  | 1700 | 138 |
| &nbsp;&nbsp;&nbsp; TJX Cos Inc/The  | 39966 | 5072 |
| &nbsp;&nbsp;&nbsp; Toll Brothers Inc  | 2951 | 308 |
| &nbsp;&nbsp;&nbsp; TopBuild Corp <sup>\*</sup> | 900 | 255 |
| &nbsp;&nbsp;&nbsp; Tractor Supply Co  | 19300 | 934 |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co  | 2768 | 134 |
| &nbsp;&nbsp;&nbsp; Ulta Beauty Inc <sup>\*</sup> | 1752 | 826 |
| &nbsp;&nbsp;&nbsp; Under Armour Inc, Cl A <sup>\*</sup> | 9700 | 65 |
| &nbsp;&nbsp;&nbsp; Under Armour Inc, Cl C <sup>\*</sup> | 6221 | 39 |
| &nbsp;&nbsp;&nbsp; Vail Resorts Inc  | 1400 | 224 |
| &nbsp;&nbsp;&nbsp; Valvoline Inc <sup>\*</sup> | 5304 | 183 |
| &nbsp;&nbsp;&nbsp; VF Corp  | 11068 | 138 |
| &nbsp;&nbsp;&nbsp; Wayfair Inc, Cl A <sup>\*</sup> | 2700 | 111 |
| &nbsp;&nbsp;&nbsp; Wendy's Co/The  | 6043 | 69 |
| &nbsp;&nbsp;&nbsp; Whirlpool Corp  | 2016 | 157 |
| &nbsp;&nbsp;&nbsp; Williams-Sonoma Inc  | 4024 | 651 |
| &nbsp;&nbsp;&nbsp; Wingstop Inc  | 1000 | 342 |
| &nbsp;&nbsp;&nbsp; Wyndham Hotels & Resorts Inc  | 2668 | 221 |
| &nbsp;&nbsp;&nbsp; Wynn Resorts Ltd  | 3696 | 335 |
| &nbsp;&nbsp;&nbsp; YETI Holdings Inc <sup>\*</sup> | 3300 | 101 |
| &nbsp;&nbsp;&nbsp; Yum! Brands Inc  | 10248 | 1475 |
|  |  | 204217 |
| **Consumer Staples — 5.6%** | **Consumer Staples — 5.6%** |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos Inc, Cl A  | 11700 | 260 |
| &nbsp;&nbsp;&nbsp; Altria Group Inc  | 60690 | 3678 |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co  | 17179 | 829 |
| &nbsp;&nbsp;&nbsp; BellRing Brands Inc <sup>\*</sup> | 3600 | 227 |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings Inc <sup>\*</sup> | 5000 | 566 |
| &nbsp;&nbsp;&nbsp; Boston Beer Co Inc/The, Cl A <sup>\*</sup> | 400 | 92 |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp, Cl A  | 2200 | 73 |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp, Cl B  | 5217 | 174 |
| &nbsp;&nbsp;&nbsp; Bunge Global SA  | 4600 | 359 |
| &nbsp;&nbsp;&nbsp; Campbell Soup Co  | 6478 | 221 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores Inc  | 1400 | 613 |
| &nbsp;&nbsp;&nbsp; Celsius Holdings Inc <sup>\*</sup> | 5700 | 216 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co Inc  | 8714 | 857 |
| &nbsp;&nbsp;&nbsp; Clorox Co/The  | 4203 | 554 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co/The  | 136090 | 9812 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Consolidated Inc  | 2000 | 229 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co  | 29200 | 2714 |
| &nbsp;&nbsp;&nbsp; Conagra Brands Inc  | 15276 | 350 |
| &nbsp;&nbsp;&nbsp; Constellation Brands Inc, Cl A  | 5431 | 968 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp  | 15681 | 16311 |
| &nbsp;&nbsp;&nbsp; Coty Inc, Cl A <sup>\*</sup> | 14322 | 71 |
| &nbsp;&nbsp;&nbsp; Darling Ingredients Inc <sup>\*</sup> | 6100 | 190 |
| &nbsp;&nbsp;&nbsp; Dollar General Corp  | 8200 | 797 |
| &nbsp;&nbsp;&nbsp; Dollar Tree Inc <sup>\*</sup> | 7734 | 698 |
| &nbsp;&nbsp;&nbsp; elf Beauty Inc <sup>\*</sup> | 1900 | 214 |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos Inc/The, Cl A  | 9008 | 603 |
| &nbsp;&nbsp;&nbsp; Flowers Foods Inc  | 5525 | 93 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Freshpet Inc <sup>\*</sup> | 1700 | $136 |
| &nbsp;&nbsp;&nbsp; General Mills Inc  | 20392 | 1106 |
| &nbsp;&nbsp;&nbsp; Grocery Outlet Holding Corp <sup>\*</sup> | 4500 | 61 |
| &nbsp;&nbsp;&nbsp; Hershey Co/The  | 5198 | 835 |
| &nbsp;&nbsp;&nbsp; Hormel Foods Corp  | 10456 | 321 |
| &nbsp;&nbsp;&nbsp; Ingredion Inc  | 2200 | 306 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co/The  | 3111 | 350 |
| &nbsp;&nbsp;&nbsp; Kellanova  | 8903 | 736 |
| &nbsp;&nbsp;&nbsp; Kenvue Inc  | 67512 | 1612 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper Inc  | 46300 | 1559 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp  | 12018 | 1728 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co/The  | 31802 | 850 |
| &nbsp;&nbsp;&nbsp; Kroger Co/The  | 24046 | 1641 |
| &nbsp;&nbsp;&nbsp; Lamb Weston Holdings Inc  | 4762 | 266 |
| &nbsp;&nbsp;&nbsp; Maplebear Inc <sup>\*</sup> | 6300 | 288 |
| &nbsp;&nbsp;&nbsp; McCormick & Co Inc/MD  | 8586 | 624 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co, Cl B  | 6262 | 336 |
| &nbsp;&nbsp;&nbsp; Mondelez International Inc, Cl A  | 48006 | 3240 |
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp <sup>\*</sup> | 25774 | 1648 |
| &nbsp;&nbsp;&nbsp; PepsiCo Inc  | 48352 | 6356 |
| &nbsp;&nbsp;&nbsp; Performance Food Group Co <sup>\*</sup> | 5200 | 466 |
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc  | 54568 | 9854 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp  | 1400 | 69 |
| &nbsp;&nbsp;&nbsp; Post Holdings Inc <sup>\*</sup> | 1800 | 199 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co/The  | 83454 | 14178 |
| &nbsp;&nbsp;&nbsp; Reynolds Consumer Products Inc  | 2000 | 44 |
| &nbsp;&nbsp;&nbsp; Seaboard Corp  | 16 | 43 |
| &nbsp;&nbsp;&nbsp; Spectrum Brands Holdings Inc  | 1218 | 70 |
| &nbsp;&nbsp;&nbsp; Sysco Corp  | 17448 | 1274 |
| &nbsp;&nbsp;&nbsp; Target Corp  | 16875 | 1586 |
| &nbsp;&nbsp;&nbsp; Tyson Foods Inc, Cl A  | 9165 | 515 |
| &nbsp;&nbsp;&nbsp; US Foods Holding Corp <sup>\*</sup> | 7300 | 578 |
| &nbsp;&nbsp;&nbsp; Walgreens Boots Alliance Inc  | 19525 | 220 |
| &nbsp;&nbsp;&nbsp; Walmart Inc  | 153487 | 15152 |
|  |  | 110016 |
| **Energy — 3.0%** | **Energy — 3.0%** |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp  | 13500 | 253 |
| &nbsp;&nbsp;&nbsp; Antero Resources Corp <sup>\*</sup> | 8500 | 318 |
| &nbsp;&nbsp;&nbsp; APA Corp  | 11159 | 190 |
| &nbsp;&nbsp;&nbsp; Baker Hughes Co, Cl A  | 35240 | 1306 |
| &nbsp;&nbsp;&nbsp; Cheniere Energy Inc  | 7650 | 1813 |
| &nbsp;&nbsp;&nbsp; Chesapeake Energy Corp  | 7707 | 895 |
| &nbsp;&nbsp;&nbsp; Chevron Corp  | 57467 | 7856 |
| &nbsp;&nbsp;&nbsp; Chord Energy Corp  | 2300 | 207 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc  | 3700 | 101 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips  | 45871 | 3915 |
| &nbsp;&nbsp;&nbsp; Coterra Energy Inc, Cl A  | 27181 | 661 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp  | 21127 | 639 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy Inc  | 7017 | 944 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc  | 3282 | 344 |
| &nbsp;&nbsp;&nbsp; EOG Resources Inc  | 20140 | 2187 |
| &nbsp;&nbsp;&nbsp; EQT Corp  | 21119 | 1164 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp  | 155443 | 15902 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Halliburton Co  | 29636 | $581 |
| &nbsp;&nbsp;&nbsp; Hess Corp  | 9562 | 1264 |
| &nbsp;&nbsp;&nbsp; HF Sinclair Corp  | 5726 | 207 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan Inc  | 70022 | 1963 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp  | 11719 | 1884 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co  | 4300 | 185 |
| &nbsp;&nbsp;&nbsp; New Fortress Energy Inc, Cl A  | 1500 | 4 |
| &nbsp;&nbsp;&nbsp; NOV Inc  | 14580 | 175 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp  | 24219 | 988 |
| &nbsp;&nbsp;&nbsp; ONEOK Inc  | 22358 | 1807 |
| &nbsp;&nbsp;&nbsp; Ovintiv Inc  | 8000 | 287 |
| &nbsp;&nbsp;&nbsp; Permian Resources Corp, Cl A  | 23100 | 291 |
| &nbsp;&nbsp;&nbsp; Phillips 66  | 15088 | 1712 |
| &nbsp;&nbsp;&nbsp; Range Resources Corp  | 6900 | 262 |
| &nbsp;&nbsp;&nbsp; Schlumberger NV  | 51155 | 1691 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp  | 7600 | 1200 |
| &nbsp;&nbsp;&nbsp; TechnipFMC PLC  | 12700 | 396 |
| &nbsp;&nbsp;&nbsp; Texas Pacific Land Corp  | 668 | 744 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp  | 11536 | 1488 |
| &nbsp;&nbsp;&nbsp; Viper Energy Inc, Cl A  | 3400 | 135 |
| &nbsp;&nbsp;&nbsp; Weatherford International PLC  | 2600 | 113 |
| &nbsp;&nbsp;&nbsp; Williams Cos Inc/The  | 41596 | 2517 |
|  |  | 58589 |
| **Financials — 14.4%** | **Financials — 14.4%** |  |
| &nbsp;&nbsp;&nbsp; Affiliated Managers Group Inc  | 1120 | 197 |
| &nbsp;&nbsp;&nbsp; Affirm Holdings Inc, Cl A <sup>\*</sup> | 9500 | 493 |
| &nbsp;&nbsp;&nbsp; Aflac Inc  | 19812 | 2051 |
| &nbsp;&nbsp;&nbsp; AGNC Investment Corp <sup>‡</sup> | 26859 | 240 |
| &nbsp;&nbsp;&nbsp; Allstate Corp/The  | 9525 | 1999 |
| &nbsp;&nbsp;&nbsp; Ally Financial Inc  | 9300 | 325 |
| &nbsp;&nbsp;&nbsp; American Express Co  | 19572 | 5755 |
| &nbsp;&nbsp;&nbsp; American Financial Group Inc/OH  | 2214 | 274 |
| &nbsp;&nbsp;&nbsp; American International Group Inc  | 21323 | 1805 |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial Inc  | 3380 | 1721 |
| &nbsp;&nbsp;&nbsp; Annaly Capital Management Inc <sup>‡</sup> | 22602 | 428 |
| &nbsp;&nbsp;&nbsp; Aon PLC, Cl A  | 7021 | 2612 |
| &nbsp;&nbsp;&nbsp; Apollo Global Management Inc  | 18719 | 2446 |
| &nbsp;&nbsp;&nbsp; Arch Capital Group Ltd  | 12800 | 1217 |
| &nbsp;&nbsp;&nbsp; Ares Management Corp, Cl A  | 6600 | 1092 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher & Co  | 8787 | 3053 |
| &nbsp;&nbsp;&nbsp; Assurant Inc  | 1793 | 364 |
| &nbsp;&nbsp;&nbsp; Assured Guaranty Ltd  | 1700 | 144 |
| &nbsp;&nbsp;&nbsp; Axis Capital Holdings Ltd  | 2500 | 259 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp  | 233613 | 10309 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp/The  | 24509 | 2172 |
| &nbsp;&nbsp;&nbsp; Bank OZK  | 3900 | 173 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Inc, Cl B <sup>\*</sup> | 64550 | 32531 |
| &nbsp;&nbsp;&nbsp; BlackRock Funding Inc/DE  | 5185 | 5081 |
| &nbsp;&nbsp;&nbsp; Blackstone Inc  | 25850 | 3587 |
| &nbsp;&nbsp;&nbsp; Block Inc, Cl A <sup>\*</sup> | 20700 | 1278 |
| &nbsp;&nbsp;&nbsp; Blue Owl Capital Inc, Cl A  | 18000 | 336 |
| &nbsp;&nbsp;&nbsp; BOK Financial Corp  | 1075 | 102 |
| &nbsp;&nbsp;&nbsp; Brighthouse Financial Inc <sup>\*</sup> | 2528 | 151 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc  | 8548 | $965 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp  | 22582 | 4271 |
| &nbsp;&nbsp;&nbsp; Carlyle Group Inc/The  | 6300 | 285 |
| &nbsp;&nbsp;&nbsp; Cboe Global Markets Inc  | 3800 | 871 |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp/The  | 58578 | 5175 |
| &nbsp;&nbsp;&nbsp; Chubb Ltd  | 14341 | 4262 |
| &nbsp;&nbsp;&nbsp; Cincinnati Financial Corp  | 5186 | 782 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc  | 66954 | 5043 |
| &nbsp;&nbsp;&nbsp; Citizens Financial Group Inc  | 15000 | 605 |
| &nbsp;&nbsp;&nbsp; CME Group Inc, Cl A  | 12870 | 3719 |
| &nbsp;&nbsp;&nbsp; CNA Financial Corp  | 700 | 34 |
| &nbsp;&nbsp;&nbsp; Coinbase Global Inc, Cl A <sup>\*</sup> | 7200 | 1776 |
| &nbsp;&nbsp;&nbsp; Columbia Banking System Inc  | 6732 | 157 |
| &nbsp;&nbsp;&nbsp; Comerica Inc  | 3953 | 226 |
| &nbsp;&nbsp;&nbsp; Commerce Bancshares Inc/MO  | 3384 | 213 |
| &nbsp;&nbsp;&nbsp; Corebridge Financial Inc  | 9000 | 293 |
| &nbsp;&nbsp;&nbsp; Corpay Inc <sup>\*</sup> | 2200 | 715 |
| &nbsp;&nbsp;&nbsp; Credit Acceptance Corp <sup>\*</sup> | 200 | 95 |
| &nbsp;&nbsp;&nbsp; Cullen/Frost Bankers Inc  | 1668 | 212 |
| &nbsp;&nbsp;&nbsp; East West Bancorp Inc  | 4700 | 429 |
| &nbsp;&nbsp;&nbsp; Equitable Holdings Inc  | 9700 | 513 |
| &nbsp;&nbsp;&nbsp; Euronet Worldwide Inc <sup>\*</sup> | 1400 | 152 |
| &nbsp;&nbsp;&nbsp; Evercore Inc, Cl A  | 1200 | 278 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd  | 1500 | 521 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems Inc  | 1425 | 653 |
| &nbsp;&nbsp;&nbsp; Fidelity National Financial Inc  | 8352 | 457 |
| &nbsp;&nbsp;&nbsp; Fidelity National Information Services Inc  | 19648 | 1564 |
| &nbsp;&nbsp;&nbsp; Fifth Third Bancorp  | 24082 | 920 |
| &nbsp;&nbsp;&nbsp; First American Financial Corp  | 3800 | 212 |
| &nbsp;&nbsp;&nbsp; First Citizens BancShares Inc/NC, Cl A  | 400 | 740 |
| &nbsp;&nbsp;&nbsp; First Hawaiian Inc  | 4800 | 115 |
| &nbsp;&nbsp;&nbsp; First Horizon Corp  | 19156 | 381 |
| &nbsp;&nbsp;&nbsp; Fiserv Inc <sup>\*</sup> | 20074 | 3268 |
| &nbsp;&nbsp;&nbsp; FNB Corp/PA  | 11200 | 155 |
| &nbsp;&nbsp;&nbsp; Franklin Resources Inc  | 8749 | 189 |
| &nbsp;&nbsp;&nbsp; Global Payments Inc  | 8152 | 616 |
| &nbsp;&nbsp;&nbsp; Globe Life Inc  | 3087 | 376 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc/The  | 10675 | 6410 |
| &nbsp;&nbsp;&nbsp; Hanover Insurance Group Inc/The  | 1093 | 192 |
| &nbsp;&nbsp;&nbsp; Hartford Financial Services Group Inc/The  | 10610 | 1378 |
| &nbsp;&nbsp;&nbsp; Houlihan Lokey Inc, Cl A  | 1700 | 297 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares Inc/OH  | 54482 | 852 |
| &nbsp;&nbsp;&nbsp; Interactive Brokers Group Inc, Cl A  | 4100 | 860 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange Inc  | 20350 | 3659 |
| &nbsp;&nbsp;&nbsp; Invesco Ltd  | 12000 | 174 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates Inc  | 2400 | 435 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Group PLC  | 3000 | 109 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group Inc  | 5706 | 277 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co  | 99220 | 26194 |
| &nbsp;&nbsp;&nbsp; Kemper Corp  | 2400 | 153 |
| &nbsp;&nbsp;&nbsp; KeyCorp  | 29851 | 473 |
| &nbsp;&nbsp;&nbsp; Kinsale Capital Group Inc  | 700 | 330 |
| &nbsp;&nbsp;&nbsp; KKR & Co Inc  | 24100 | 2927 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Lazard Inc, Cl A  | 3800 | $165 |
| &nbsp;&nbsp;&nbsp; Lincoln National Corp  | 6388 | 212 |
| &nbsp;&nbsp;&nbsp; Loews Corp  | 6136 | 548 |
| &nbsp;&nbsp;&nbsp; LPL Financial Holdings Inc  | 2700 | 1045 |
| &nbsp;&nbsp;&nbsp; M&T Bank Corp  | 5957 | 1088 |
| &nbsp;&nbsp;&nbsp; Markel Group Inc <sup>\*</sup> | 457 | 887 |
| &nbsp;&nbsp;&nbsp; MarketAxess Holdings Inc  | 1300 | 281 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos Inc  | 17465 | 4081 |
| &nbsp;&nbsp;&nbsp; Mastercard Inc, Cl A  | 28800 | 16865 |
| &nbsp;&nbsp;&nbsp; MetLife Inc  | 21109 | 1659 |
| &nbsp;&nbsp;&nbsp; MGIC Investment Corp  | 6600 | 175 |
| &nbsp;&nbsp;&nbsp; Moody's Corp  | 5427 | 2601 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  | 40514 | 5187 |
| &nbsp;&nbsp;&nbsp; Morningstar Inc  | 800 | 247 |
| &nbsp;&nbsp;&nbsp; MSCI Inc, Cl A  | 2600 | 1466 |
| &nbsp;&nbsp;&nbsp; Nasdaq Inc  | 14630 | 1222 |
| &nbsp;&nbsp;&nbsp; Northern Trust Corp  | 7405 | 790 |
| &nbsp;&nbsp;&nbsp; NU Holdings Ltd/Cayman Islands, Cl A <sup>\*</sup> | 113100 | 1358 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp  | 9590 | 363 |
| &nbsp;&nbsp;&nbsp; OneMain Holdings Inc, Cl A  | 3100 | 161 |
| &nbsp;&nbsp;&nbsp; PayPal Holdings Inc <sup>\*</sup> | 36061 | 2534 |
| &nbsp;&nbsp;&nbsp; Pinnacle Financial Partners Inc  | 2600 | 276 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The  | 13572 | 2359 |
| &nbsp;&nbsp;&nbsp; Popular Inc  | 2453 | 254 |
| &nbsp;&nbsp;&nbsp; Primerica Inc  | 1200 | 325 |
| &nbsp;&nbsp;&nbsp; Principal Financial Group Inc  | 8208 | 639 |
| &nbsp;&nbsp;&nbsp; Progressive Corp/The  | 20580 | 5864 |
| &nbsp;&nbsp;&nbsp; Prosperity Bancshares Inc  | 3300 | 230 |
| &nbsp;&nbsp;&nbsp; Prudential Financial Inc  | 12663 | 1316 |
| &nbsp;&nbsp;&nbsp; Raymond James Financial Inc  | 6931 | 1019 |
| &nbsp;&nbsp;&nbsp; Regions Financial Corp  | 30187 | 647 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America Inc, Cl A  | 2199 | 447 |
| &nbsp;&nbsp;&nbsp; RenaissanceRe Holdings Ltd  | 1700 | 424 |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp <sup>‡</sup> | 15500 | 173 |
| &nbsp;&nbsp;&nbsp; RLI Corp  | 2800 | 215 |
| &nbsp;&nbsp;&nbsp; Robinhood Markets Inc, Cl A <sup>\*</sup> | 23900 | 1581 |
| &nbsp;&nbsp;&nbsp; Rocket Cos Inc, Cl A  | 4300 | 55 |
| &nbsp;&nbsp;&nbsp; Ryan Specialty Holdings Inc, Cl A  | 3800 | 272 |
| &nbsp;&nbsp;&nbsp; S&P Global Inc  | 11026 | 5655 |
| &nbsp;&nbsp;&nbsp; SEI Investments Co <sup>†</sup> | 3442 | 293 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments Inc, Cl A <sup>\*</sup> | 1600 | 152 |
| &nbsp;&nbsp;&nbsp; SLM Corp  | 5831 | 189 |
| &nbsp;&nbsp;&nbsp; SoFi Technologies Inc <sup>\*</sup> | 41800 | 556 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust Inc <sup>‡</sup> | 10000 | 198 |
| &nbsp;&nbsp;&nbsp; State Street Corp  | 10479 | 1009 |
| &nbsp;&nbsp;&nbsp; Stifel Financial Corp  | 3000 | 283 |
| &nbsp;&nbsp;&nbsp; Synchrony Financial  | 14718 | 848 |
| &nbsp;&nbsp;&nbsp; Synovus Financial Corp  | 3696 | 177 |
| &nbsp;&nbsp;&nbsp; T Rowe Price Group Inc  | 8330 | 780 |
| &nbsp;&nbsp;&nbsp; TFS Financial Corp  | 2500 | 33 |
| &nbsp;&nbsp;&nbsp; Toast Inc, Cl A <sup>\*</sup> | 15000 | 633 |
| &nbsp;&nbsp;&nbsp; TPG Inc, Cl A  | 2700 | 130 |
| &nbsp;&nbsp;&nbsp; Tradeweb Markets Inc, Cl A  | 3900 | 563 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Travelers Cos Inc/The  | 8175 | $2254 |
| &nbsp;&nbsp;&nbsp; Truist Financial Corp  | 48363 | 1910 |
| &nbsp;&nbsp;&nbsp; Unum Group  | 6205 | 507 |
| &nbsp;&nbsp;&nbsp; US Bancorp  | 56097 | 2445 |
| &nbsp;&nbsp;&nbsp; UWM Holdings Corp  | 2300 | 10 |
| &nbsp;&nbsp;&nbsp; Virtu Financial Inc, Cl A  | 2700 | 109 |
| &nbsp;&nbsp;&nbsp; Visa Inc, Cl A  | 60900 | 22240 |
| &nbsp;&nbsp;&nbsp; Voya Financial Inc  | 3300 | 220 |
| &nbsp;&nbsp;&nbsp; W R Berkley Corp  | 11171 | 834 |
| &nbsp;&nbsp;&nbsp; Webster Financial Corp  | 5746 | 296 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co  | 115666 | 8650 |
| &nbsp;&nbsp;&nbsp; Western Alliance Bancorp  | 3600 | 261 |
| &nbsp;&nbsp;&nbsp; Western Union Co/The  | 11528 | 107 |
| &nbsp;&nbsp;&nbsp; WEX Inc <sup>\*</sup> | 1500 | 199 |
| &nbsp;&nbsp;&nbsp; White Mountains Insurance Group Ltd  | 79 | 141 |
| &nbsp;&nbsp;&nbsp; Willis Towers Watson PLC  | 3762 | 1191 |
| &nbsp;&nbsp;&nbsp; Wintrust Financial Corp  | 2400 | 287 |
| &nbsp;&nbsp;&nbsp; XP Inc, Cl A  | 12400 | 240 |
| &nbsp;&nbsp;&nbsp; Zions Bancorp NA  | 4202 | 199 |
|  |  | 280783 |
| **Health Care — 9.4%** | **Health Care — 9.4%** |  |
| &nbsp;&nbsp;&nbsp; 10X Genomics Inc, Cl A <sup>\*</sup> | 4400 | 42 |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories  | 60787 | 8120 |
| &nbsp;&nbsp;&nbsp; AbbVie Inc  | 62101 | 11558 |
| &nbsp;&nbsp;&nbsp; Acadia Healthcare Co Inc <sup>\*</sup> | 3500 | 79 |
| &nbsp;&nbsp;&nbsp; Agilent Technologies Inc  | 10164 | 1137 |
| &nbsp;&nbsp;&nbsp; Align Technology Inc <sup>\*</sup> | 2900 | 525 |
| &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals Inc <sup>\*</sup> | 4600 | 1401 |
| &nbsp;&nbsp;&nbsp; Amedisys Inc <sup>\*</sup> | 1200 | 113 |
| &nbsp;&nbsp;&nbsp; Amgen Inc  | 18858 | 5434 |
| &nbsp;&nbsp;&nbsp; Apellis Pharmaceuticals Inc <sup>\*</sup> | 4200 | 71 |
| &nbsp;&nbsp;&nbsp; Avantor Inc <sup>\*</sup> | 21900 | 283 |
| &nbsp;&nbsp;&nbsp; Azenta Inc <sup>\*</sup> | 1800 | 48 |
| &nbsp;&nbsp;&nbsp; Baxter International Inc  | 17415 | 531 |
| &nbsp;&nbsp;&nbsp; Becton Dickinson & Co  | 9870 | 1703 |
| &nbsp;&nbsp;&nbsp; Biogen Inc <sup>\*</sup> | 5300 | 688 |
| &nbsp;&nbsp;&nbsp; BioMarin Pharmaceutical Inc <sup>\*</sup> | 6400 | 372 |
| &nbsp;&nbsp;&nbsp; Bio-Rad Laboratories Inc, Cl A <sup>\*</sup> | 700 | 159 |
| &nbsp;&nbsp;&nbsp; Bio-Techne Corp  | 5264 | 255 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp <sup>\*</sup> | 51839 | 5457 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co  | 71969 | 3475 |
| &nbsp;&nbsp;&nbsp; Bruker Corp  | 3500 | 128 |
| &nbsp;&nbsp;&nbsp; Cardinal Health Inc  | 8629 | 1333 |
| &nbsp;&nbsp;&nbsp; Cencora Inc  | 5924 | 1725 |
| &nbsp;&nbsp;&nbsp; Centene Corp <sup>\*</sup> | 18658 | 1053 |
| &nbsp;&nbsp;&nbsp; Certara Inc <sup>\*</sup> | 5700 | 65 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International Inc <sup>\*</sup> | 1743 | 236 |
| &nbsp;&nbsp;&nbsp; Chemed Corp  | 500 | 287 |
| &nbsp;&nbsp;&nbsp; Cigna Group/The  | 9602 | 3040 |
| &nbsp;&nbsp;&nbsp; Cooper Cos Inc/The <sup>\*</sup> | 7516 | 513 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp  | 45249 | 2898 |
| &nbsp;&nbsp;&nbsp; Danaher Corp  | 22802 | 4330 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; DaVita Inc <sup>\*</sup> | 1185 | $161 |
| &nbsp;&nbsp;&nbsp; Dentsply Sirona Inc  | 7066 | 113 |
| &nbsp;&nbsp;&nbsp; Dexcom Inc <sup>\*</sup> | 13900 | 1193 |
| &nbsp;&nbsp;&nbsp; Doximity Inc, Cl A <sup>\*</sup> | 3700 | 193 |
| &nbsp;&nbsp;&nbsp; Edwards Lifesciences Corp <sup>\*</sup> | 21384 | 1673 |
| &nbsp;&nbsp;&nbsp; Elanco Animal Health Inc <sup>\*</sup> | 16637 | 224 |
| &nbsp;&nbsp;&nbsp; Elevance Health Inc  | 8331 | 3198 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co  | 28271 | 20855 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp  | 3400 | 411 |
| &nbsp;&nbsp;&nbsp; Enovis Corp <sup>\*</sup> | 2166 | 68 |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp <sup>\*</sup> | 4500 | 82 |
| &nbsp;&nbsp;&nbsp; Exact Sciences Corp <sup>\*</sup> | 6600 | 371 |
| &nbsp;&nbsp;&nbsp; Exelixis Inc <sup>\*</sup> | 11400 | 491 |
| &nbsp;&nbsp;&nbsp; Fortrea Holdings Inc <sup>\*</sup> | 3890 | 17 |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies Inc  | 16056 | 1133 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences Inc  | 44084 | 4853 |
| &nbsp;&nbsp;&nbsp; Globus Medical Inc, Cl A <sup>\*</sup> | 4000 | 237 |
| &nbsp;&nbsp;&nbsp; GRAIL Inc <sup>\*</sup> | 1017 | 39 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc  | 6350 | 2422 |
| &nbsp;&nbsp;&nbsp; Henry Schein Inc <sup>\*</sup> | 4568 | 320 |
| &nbsp;&nbsp;&nbsp; Hologic Inc <sup>\*</sup> | 7900 | 491 |
| &nbsp;&nbsp;&nbsp; Humana Inc  | 4275 | 997 |
| &nbsp;&nbsp;&nbsp; IDEXX Laboratories Inc <sup>\*</sup> | 2904 | 1491 |
| &nbsp;&nbsp;&nbsp; Illumina Inc <sup>\*</sup> | 5205 | 428 |
| &nbsp;&nbsp;&nbsp; Incyte Corp <sup>\*</sup> | 4800 | 312 |
| &nbsp;&nbsp;&nbsp; Inspire Medical Systems Inc <sup>\*</sup> | 700 | 97 |
| &nbsp;&nbsp;&nbsp; Insulet Corp <sup>\*</sup> | 2300 | 748 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical Inc <sup>\*</sup> | 12465 | 6885 |
| &nbsp;&nbsp;&nbsp; Ionis Pharmaceuticals Inc <sup>\*</sup> | 4900 | 164 |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings Inc <sup>\*</sup> | 6413 | 900 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals PLC <sup>\*</sup> | 2300 | 249 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  | 85350 | 13247 |
| &nbsp;&nbsp;&nbsp; Labcorp Holdings Inc  | 3090 | 769 |
| &nbsp;&nbsp;&nbsp; Masimo Corp <sup>\*</sup> | 1200 | 195 |
| &nbsp;&nbsp;&nbsp; McKesson Corp  | 4520 | 3252 |
| &nbsp;&nbsp;&nbsp; Medpace Holdings Inc <sup>\*</sup> | 900 | 265 |
| &nbsp;&nbsp;&nbsp; Medtronic PLC  | 45526 | 3778 |
| &nbsp;&nbsp;&nbsp; Merck & Co Inc  | 89143 | 6850 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International Inc <sup>\*</sup> | 749 | 865 |
| &nbsp;&nbsp;&nbsp; Moderna Inc <sup>\*</sup> | 11400 | 303 |
| &nbsp;&nbsp;&nbsp; Molina Healthcare Inc <sup>\*</sup> | 2100 | 641 |
| &nbsp;&nbsp;&nbsp; Natera Inc <sup>\*</sup> | 3800 | 599 |
| &nbsp;&nbsp;&nbsp; Neurocrine Biosciences Inc <sup>\*</sup> | 3200 | 394 |
| &nbsp;&nbsp;&nbsp; Organon & Co  | 9754 | 90 |
| &nbsp;&nbsp;&nbsp; Penumbra Inc <sup>\*</sup> | 1100 | 294 |
| &nbsp;&nbsp;&nbsp; Perrigo Co PLC  | 2700 | 72 |
| &nbsp;&nbsp;&nbsp; Pfizer Inc  | 200422 | 4708 |
| &nbsp;&nbsp;&nbsp; Premier Inc, Cl A  | 4400 | 101 |
| &nbsp;&nbsp;&nbsp; QIAGEN NV  | 7307 | 330 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics Inc  | 3744 | 649 |
| &nbsp;&nbsp;&nbsp; QuidelOrtho Corp <sup>\*</sup> | 1900 | 58 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals Inc  | 3742 | 1835 |
| &nbsp;&nbsp;&nbsp; Repligen Corp <sup>\*</sup> | 1900 | 224 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; ResMed Inc  | 5312 | $1300 |
| &nbsp;&nbsp;&nbsp; Revvity Inc  | 4134 | 374 |
| &nbsp;&nbsp;&nbsp; Roivant Sciences Ltd <sup>\*</sup> | 14600 | 160 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma PLC, Cl A  | 13200 | 434 |
| &nbsp;&nbsp;&nbsp; Sarepta Therapeutics Inc <sup>\*</sup> | 3100 | 117 |
| &nbsp;&nbsp;&nbsp; Solventum Corp <sup>\*</sup> | 4715 | 345 |
| &nbsp;&nbsp;&nbsp; Sotera Health Co <sup>\*</sup> | 4500 | 55 |
| &nbsp;&nbsp;&nbsp; STERIS PLC  | 3600 | 883 |
| &nbsp;&nbsp;&nbsp; Stryker Corp  | 12754 | 4880 |
| &nbsp;&nbsp;&nbsp; Teleflex Inc  | 1640 | 200 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp <sup>\*</sup> | 2900 | 489 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific Inc  | 13475 | 5428 |
| &nbsp;&nbsp;&nbsp; Ultragenyx Pharmaceutical Inc <sup>\*</sup> | 3500 | 119 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp <sup>\*</sup> | 1400 | 446 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc  | 32570 | 9833 |
| &nbsp;&nbsp;&nbsp; Universal Health Services Inc, Cl B  | 1976 | 376 |
| &nbsp;&nbsp;&nbsp; Veeva Systems Inc, Cl A <sup>\*</sup> | 5400 | 1510 |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals Inc <sup>\*</sup> | 9150 | 4045 |
| &nbsp;&nbsp;&nbsp; Viatris Inc  | 40322 | 354 |
| &nbsp;&nbsp;&nbsp; Viking Therapeutics Inc <sup>\*</sup> | 3900 | 104 |
| &nbsp;&nbsp;&nbsp; Waters Corp <sup>\*</sup> | 1973 | 689 |
| &nbsp;&nbsp;&nbsp; West Pharmaceutical Services Inc  | 2300 | 485 |
| &nbsp;&nbsp;&nbsp; Zimmer Biomet Holdings Inc  | 7225 | 666 |
| &nbsp;&nbsp;&nbsp; Zoetis Inc, Cl A  | 16144 | 2722 |
|  |  | 183408 |
| **Industrials — 9.4%** | **Industrials — 9.4%** |  |
| &nbsp;&nbsp;&nbsp; 3M Co  | 19512 | 2895 |
| &nbsp;&nbsp;&nbsp; A O Smith Corp  | 3800 | 244 |
| &nbsp;&nbsp;&nbsp; AAON Inc  | 2500 | 241 |
| &nbsp;&nbsp;&nbsp; Acuity Brands Inc  | 900 | 234 |
| &nbsp;&nbsp;&nbsp; Advanced Drainage Systems Inc  | 2300 | 253 |
| &nbsp;&nbsp;&nbsp; AECOM  | 4316 | 474 |
| &nbsp;&nbsp;&nbsp; AGCO Corp  | 2400 | 235 |
| &nbsp;&nbsp;&nbsp; Air Lease Corp, Cl A  | 4100 | 236 |
| &nbsp;&nbsp;&nbsp; Alaska Air Group Inc <sup>\*</sup> | 4800 | 244 |
| &nbsp;&nbsp;&nbsp; Allegion plc  | 2766 | 395 |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings Inc  | 3000 | 311 |
| &nbsp;&nbsp;&nbsp; Amentum Holdings Inc <sup>\*</sup> | 4575 | 95 |
| &nbsp;&nbsp;&nbsp; American Airlines Group Inc <sup>\*</sup> | 19300 | 220 |
| &nbsp;&nbsp;&nbsp; AMETEK Inc  | 8428 | 1506 |
| &nbsp;&nbsp;&nbsp; API Group Corp <sup>\*</sup> | 8400 | 392 |
| &nbsp;&nbsp;&nbsp; Armstrong World Industries Inc  | 1700 | 265 |
| &nbsp;&nbsp;&nbsp; ATI Inc <sup>\*</sup> | 4500 | 358 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc  | 14542 | 4734 |
| &nbsp;&nbsp;&nbsp; Avis Budget Group Inc <sup>\*</sup> | 700 | 85 |
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc <sup>\*</sup> | 2500 | 1876 |
| &nbsp;&nbsp;&nbsp; AZEK Co Inc/The, Cl A <sup>\*</sup> | 4800 | 238 |
| &nbsp;&nbsp;&nbsp; Boeing Co/The <sup>\*</sup> | 26492 | 5492 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp, Cl A  | 3900 | 414 |
| &nbsp;&nbsp;&nbsp; Broadridge Financial Solutions Inc  | 4173 | 1013 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource Inc <sup>\*</sup> | 4200 | 452 |
| &nbsp;&nbsp;&nbsp; BWX Technologies Inc  | 3150 | 396 |
| &nbsp;&nbsp;&nbsp; CACI International Inc, Cl A <sup>\*</sup> | 736 | 315 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Carlisle Cos Inc  | 1466 | $557 |
| &nbsp;&nbsp;&nbsp; Carrier Global Corp  | 30378 | 2163 |
| &nbsp;&nbsp;&nbsp; Caterpillar Inc  | 17047 | 5933 |
| &nbsp;&nbsp;&nbsp; CH Robinson Worldwide Inc  | 4048 | 389 |
| &nbsp;&nbsp;&nbsp; Cintas Corp  | 12428 | 2815 |
| &nbsp;&nbsp;&nbsp; Clarivate PLC <sup>\*</sup> | 17400 | 73 |
| &nbsp;&nbsp;&nbsp; Clean Harbors Inc <sup>\*</sup> | 1800 | 408 |
| &nbsp;&nbsp;&nbsp; CNH Industrial NV  | 29600 | 370 |
| &nbsp;&nbsp;&nbsp; Comfort Systems USA Inc  | 1400 | 670 |
| &nbsp;&nbsp;&nbsp; Concentrix Corp  | 1600 | 90 |
| &nbsp;&nbsp;&nbsp; Copart Inc <sup>\*</sup> | 31544 | 1624 |
| &nbsp;&nbsp;&nbsp; Core & Main Inc, Cl A <sup>\*</sup> | 6600 | 362 |
| &nbsp;&nbsp;&nbsp; Crane Co  | 1800 | 309 |
| &nbsp;&nbsp;&nbsp; CSX Corp  | 69488 | 2195 |
| &nbsp;&nbsp;&nbsp; Cummins Inc  | 4648 | 1494 |
| &nbsp;&nbsp;&nbsp; Curtiss-Wright Corp  | 1300 | 572 |
| &nbsp;&nbsp;&nbsp; Dayforce Inc <sup>\*</sup> | 5000 | 295 |
| &nbsp;&nbsp;&nbsp; Deere & Co  | 8919 | 4515 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines Inc  | 22800 | 1103 |
| &nbsp;&nbsp;&nbsp; Donaldson Co Inc  | 4044 | 281 |
| &nbsp;&nbsp;&nbsp; Dover Corp  | 5157 | 917 |
| &nbsp;&nbsp;&nbsp; Dun & Bradstreet Holdings Inc  | 8900 | 80 |
| &nbsp;&nbsp;&nbsp; Eaton Corp PLC  | 14016 | 4488 |
| &nbsp;&nbsp;&nbsp; EMCOR Group Inc  | 1700 | 802 |
| &nbsp;&nbsp;&nbsp; Emerson Electric Co  | 20610 | 2460 |
| &nbsp;&nbsp;&nbsp; Equifax Inc  | 4356 | 1151 |
| &nbsp;&nbsp;&nbsp; Esab Corp  | 2166 | 266 |
| &nbsp;&nbsp;&nbsp; EVERUS CONSTRUCTION GROUP <sup>\*</sup> | 1705 | 99 |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington Inc  | 4648 | 524 |
| &nbsp;&nbsp;&nbsp; Fastenal Co  | 41496 | 1715 |
| &nbsp;&nbsp;&nbsp; FedEx Corp  | 7544 | 1645 |
| &nbsp;&nbsp;&nbsp; Ferguson Enterprises Inc  | 7200 | 1313 |
| &nbsp;&nbsp;&nbsp; Flowserve Corp  | 3400 | 170 |
| &nbsp;&nbsp;&nbsp; Fortive Corp  | 12953 | 909 |
| &nbsp;&nbsp;&nbsp; Fortune Brands Innovations Inc  | 4220 | 213 |
| &nbsp;&nbsp;&nbsp; FTI Consulting Inc <sup>\*</sup> | 1100 | 181 |
| &nbsp;&nbsp;&nbsp; Gates Industrial Corp PLC <sup>\*</sup> | 4900 | 104 |
| &nbsp;&nbsp;&nbsp; GE Vernova Inc  | 9692 | 4584 |
| &nbsp;&nbsp;&nbsp; Generac Holdings Inc <sup>\*</sup> | 2000 | 244 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp  | 9822 | 2735 |
| &nbsp;&nbsp;&nbsp; General Electric Co  | 37820 | 9300 |
| &nbsp;&nbsp;&nbsp; Genpact Ltd  | 5100 | 220 |
| &nbsp;&nbsp;&nbsp; Graco Inc  | 5672 | 480 |
| &nbsp;&nbsp;&nbsp; GXO Logistics Inc <sup>\*</sup> | 3900 | 160 |
| &nbsp;&nbsp;&nbsp; Hayward Holdings Inc <sup>\*</sup> | 5500 | 77 |
| &nbsp;&nbsp;&nbsp; HEICO Corp  | 1410 | 423 |
| &nbsp;&nbsp;&nbsp; HEICO Corp, Cl A  | 2621 | 618 |
| &nbsp;&nbsp;&nbsp; Hexcel Corp  | 3300 | 175 |
| &nbsp;&nbsp;&nbsp; Honeywell International Inc  | 22990 | 5211 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace Inc  | 14667 | 2492 |
| &nbsp;&nbsp;&nbsp; Hubbell Inc, Cl B  | 1692 | 659 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries Inc  | 1337 | 298 |
| &nbsp;&nbsp;&nbsp; IDEX Corp  | 2593 | 469 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Illinois Tool Works Inc  | 10480 | $2568 |
| &nbsp;&nbsp;&nbsp; Ingersoll Rand Inc  | 14365 | 1173 |
| &nbsp;&nbsp;&nbsp; ITT Inc  | 2751 | 414 |
| &nbsp;&nbsp;&nbsp; Jacobs Solutions Inc  | 4784 | 604 |
| &nbsp;&nbsp;&nbsp; JB Hunt Transport Services Inc  | 2452 | 340 |
| &nbsp;&nbsp;&nbsp; Johnson Controls International plc  | 23866 | 2419 |
| &nbsp;&nbsp;&nbsp; KBR Inc  | 4100 | 214 |
| &nbsp;&nbsp;&nbsp; Kirby Corp <sup>\*</sup> | 2000 | 221 |
| &nbsp;&nbsp;&nbsp; Knight-Swift Transportation Holdings Inc, Cl A  | 5300 | 235 |
| &nbsp;&nbsp;&nbsp; L3Harris Technologies Inc  | 6484 | 1584 |
| &nbsp;&nbsp;&nbsp; Landstar System Inc  | 1365 | 187 |
| &nbsp;&nbsp;&nbsp; Leidos Holdings Inc  | 4973 | 739 |
| &nbsp;&nbsp;&nbsp; Lennox International Inc  | 1020 | 576 |
| &nbsp;&nbsp;&nbsp; Lincoln Electric Holdings Inc  | 1700 | 329 |
| &nbsp;&nbsp;&nbsp; Loar Holdings Inc <sup>\*</sup> | 2000 | 174 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp  | 7523 | 3629 |
| &nbsp;&nbsp;&nbsp; Lyft Inc, Cl A <sup>\*</sup> | 10000 | 152 |
| &nbsp;&nbsp;&nbsp; ManpowerGroup Inc  | 1484 | 62 |
| &nbsp;&nbsp;&nbsp; Masco Corp  | 8479 | 529 |
| &nbsp;&nbsp;&nbsp; MasTec Inc <sup>\*</sup> | 2100 | 327 |
| &nbsp;&nbsp;&nbsp; Middleby Corp/The <sup>\*</sup> | 1800 | 263 |
| &nbsp;&nbsp;&nbsp; MSA Safety Inc  | 1200 | 196 |
| &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co Inc, Cl A  | 1820 | 148 |
| &nbsp;&nbsp;&nbsp; Nordson Corp  | 1900 | 403 |
| &nbsp;&nbsp;&nbsp; Norfolk Southern Corp  | 7895 | 1951 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp  | 4928 | 2389 |
| &nbsp;&nbsp;&nbsp; nVent Electric PLC  | 5273 | 347 |
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line Inc  | 6900 | 1105 |
| &nbsp;&nbsp;&nbsp; Oshkosh Corp  | 2259 | 224 |
| &nbsp;&nbsp;&nbsp; Otis Worldwide Corp  | 14139 | 1348 |
| &nbsp;&nbsp;&nbsp; Owens Corning  | 2900 | 388 |
| &nbsp;&nbsp;&nbsp; PACCAR Inc  | 18644 | 1750 |
| &nbsp;&nbsp;&nbsp; Parker-Hannifin Corp  | 4554 | 3027 |
| &nbsp;&nbsp;&nbsp; Parsons Corp <sup>\*</sup> | 1700 | 110 |
| &nbsp;&nbsp;&nbsp; Paychex Inc  | 11307 | 1786 |
| &nbsp;&nbsp;&nbsp; Paycom Software Inc  | 2000 | 518 |
| &nbsp;&nbsp;&nbsp; Paylocity Holding Corp <sup>\*</sup> | 1300 | 248 |
| &nbsp;&nbsp;&nbsp; Pentair PLC  | 5573 | 553 |
| &nbsp;&nbsp;&nbsp; Quanta Services Inc  | 5167 | 1770 |
| &nbsp;&nbsp;&nbsp; RB Global Inc  | 6210 | 654 |
| &nbsp;&nbsp;&nbsp; RBC Bearings Inc <sup>\*</sup> | 900 | 329 |
| &nbsp;&nbsp;&nbsp; Regal Rexnord Corp  | 2276 | 304 |
| &nbsp;&nbsp;&nbsp; Republic Services Inc, Cl A  | 6992 | 1799 |
| &nbsp;&nbsp;&nbsp; Robert Half Inc  | 2676 | 123 |
| &nbsp;&nbsp;&nbsp; Rockwell Automation Inc  | 4204 | 1327 |
| &nbsp;&nbsp;&nbsp; Rollins Inc  | 10837 | 620 |
| &nbsp;&nbsp;&nbsp; RTX Corp  | 46862 | 6396 |
| &nbsp;&nbsp;&nbsp; Ryder System Inc  | 1206 | 177 |
| &nbsp;&nbsp;&nbsp; Saia Inc <sup>\*</sup> | 800 | 212 |
| &nbsp;&nbsp;&nbsp; Schneider National Inc, Cl B  | 400 | 9 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp  | 1700 | 196 |
| &nbsp;&nbsp;&nbsp; Sensata Technologies Holding PLC  | 5100 | 133 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Simpson Manufacturing Co Inc  | 1600 | $249 |
| &nbsp;&nbsp;&nbsp; SiteOne Landscape Supply Inc <sup>\*</sup> | 1500 | 175 |
| &nbsp;&nbsp;&nbsp; Snap-on Inc  | 1691 | 542 |
| &nbsp;&nbsp;&nbsp; Southwest Airlines Co  | 20320 | 678 |
| &nbsp;&nbsp;&nbsp; Spirit AeroSystems Holdings Inc, Cl A <sup>\*</sup> | 4400 | 165 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings Inc  | 7300 | 590 |
| &nbsp;&nbsp;&nbsp; Standardaero Inc <sup>\*</sup> | 6400 | 188 |
| &nbsp;&nbsp;&nbsp; Stanley Black & Decker Inc  | 4693 | 307 |
| &nbsp;&nbsp;&nbsp; Tetra Tech Inc  | 8500 | 297 |
| &nbsp;&nbsp;&nbsp; Textron Inc  | 6222 | 461 |
| &nbsp;&nbsp;&nbsp; Timken Co/The  | 2169 | 149 |
| &nbsp;&nbsp;&nbsp; Toro Co/The  | 3540 | 268 |
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC  | 8150 | 3507 |
| &nbsp;&nbsp;&nbsp; TransDigm Group Inc  | 1893 | 2780 |
| &nbsp;&nbsp;&nbsp; TransUnion  | 6300 | 540 |
| &nbsp;&nbsp;&nbsp; Trex Co Inc <sup>\*</sup> | 3700 | 207 |
| &nbsp;&nbsp;&nbsp; Uber Technologies Inc <sup>\*</sup> | 71700 | 6034 |
| &nbsp;&nbsp;&nbsp; U-Haul Holding Co <sup>\*</sup> | 400 | 26 |
| &nbsp;&nbsp;&nbsp; U-Haul Holding Co, Cl B  | 3600 | 205 |
| &nbsp;&nbsp;&nbsp; Union Pacific Corp  | 21582 | 4784 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings Inc <sup>\*</sup> | 12200 | 969 |
| &nbsp;&nbsp;&nbsp; United Parcel Service Inc, Cl B  | 24941 | 2433 |
| &nbsp;&nbsp;&nbsp; United Rentals Inc  | 2300 | 1629 |
| &nbsp;&nbsp;&nbsp; Valmont Industries Inc  | 600 | 191 |
| &nbsp;&nbsp;&nbsp; Veralto Corp  | 9067 | 916 |
| &nbsp;&nbsp;&nbsp; Verisk Analytics Inc, Cl A  | 4800 | 1508 |
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co, Cl A  | 13200 | 1425 |
| &nbsp;&nbsp;&nbsp; Vestis Corp  | 5150 | 32 |
| &nbsp;&nbsp;&nbsp; Waste Management Inc  | 14394 | 3469 |
| &nbsp;&nbsp;&nbsp; Watsco Inc  | 1200 | 532 |
| &nbsp;&nbsp;&nbsp; WESCO International Inc  | 1500 | 252 |
| &nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies Corp  | 6337 | 1282 |
| &nbsp;&nbsp;&nbsp; WillScot Holdings Corp, Cl A  | 6700 | 181 |
| &nbsp;&nbsp;&nbsp; Woodward Inc  | 1900 | 411 |
| &nbsp;&nbsp;&nbsp; WW Grainger Inc  | 1487 | 1617 |
| &nbsp;&nbsp;&nbsp; XPO Inc <sup>\*</sup> | 3600 | 410 |
| &nbsp;&nbsp;&nbsp; Xylem Inc/NY  | 8602 | 1084 |
|  |  | 182785 |
| **Information Technology — 29.6%** | **Information Technology — 29.6%** |  |
| &nbsp;&nbsp;&nbsp; Accenture PLC, Cl A  | 22050 | 6986 |
| &nbsp;&nbsp;&nbsp; Adobe Inc <sup>\*</sup> | 15352 | 6372 |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices Inc <sup>\*</sup> | 56763 | 6285 |
| &nbsp;&nbsp;&nbsp; Akamai Technologies Inc <sup>\*</sup> | 4818 | 366 |
| &nbsp;&nbsp;&nbsp; Allegro MicroSystems Inc <sup>\*</sup> | 4200 | 106 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd  | 4500 | 413 |
| &nbsp;&nbsp;&nbsp; Amkor Technology Inc  | 4100 | 74 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp, Cl A  | 42286 | 3803 |
| &nbsp;&nbsp;&nbsp; Analog Devices Inc  | 17753 | 3799 |
| &nbsp;&nbsp;&nbsp; ANSYS Inc <sup>\*</sup> | 2900 | 959 |
| &nbsp;&nbsp;&nbsp; Appfolio Inc, Cl A <sup>\*</sup> | 800 | 169 |
| &nbsp;&nbsp;&nbsp; Apple Inc  | 519263 | 104294 |
| &nbsp;&nbsp;&nbsp; Applied Materials Inc  | 28755 | 4507 |
| &nbsp;&nbsp;&nbsp; AppLovin Corp, Cl A <sup>\*</sup> | 9400 | 3694 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Arista Networks Inc <sup>\*</sup> | 36950 | $3201 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics Inc <sup>\*</sup> | 2089 | 247 |
| &nbsp;&nbsp;&nbsp; Astera Labs Inc <sup>\*</sup> | 3500 | 317 |
| &nbsp;&nbsp;&nbsp; Atlassian Corp, Cl A <sup>\*</sup> | 5600 | 1163 |
| &nbsp;&nbsp;&nbsp; Autodesk Inc <sup>\*</sup> | 7737 | 2291 |
| &nbsp;&nbsp;&nbsp; Avnet Inc  | 3610 | 181 |
| &nbsp;&nbsp;&nbsp; Bentley Systems Inc, Cl B  | 5100 | 243 |
| &nbsp;&nbsp;&nbsp; BILL Holdings Inc <sup>\*</sup> | 3700 | 162 |
| &nbsp;&nbsp;&nbsp; Broadcom Inc  | 162280 | 39283 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems Inc <sup>\*</sup> | 9813 | 2817 |
| &nbsp;&nbsp;&nbsp; CCC Intelligent Solutions Holdings Inc <sup>\*</sup> | 13500 | 119 |
| &nbsp;&nbsp;&nbsp; CDW Corp/DE  | 4500 | 812 |
| &nbsp;&nbsp;&nbsp; Ciena Corp <sup>\*</sup> | 4300 | 344 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic Inc <sup>\*</sup> | 1800 | 177 |
| &nbsp;&nbsp;&nbsp; Cisco Systems Inc  | 140127 | 8834 |
| &nbsp;&nbsp;&nbsp; Cloudflare Inc, Cl A <sup>\*</sup> | 10600 | 1758 |
| &nbsp;&nbsp;&nbsp; Cognex Corp  | 5800 | 174 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp, Cl A  | 17576 | 1423 |
| &nbsp;&nbsp;&nbsp; Coherent Corp <sup>\*</sup> | 4183 | 316 |
| &nbsp;&nbsp;&nbsp; Confluent Inc, Cl A <sup>\*</sup> | 7800 | 180 |
| &nbsp;&nbsp;&nbsp; Corning Inc  | 27158 | 1347 |
| &nbsp;&nbsp;&nbsp; Crane NXT Co  | 2100 | 113 |
| &nbsp;&nbsp;&nbsp; Crowdstrike Holdings Inc, Cl A <sup>\*</sup> | 8200 | 3865 |
| &nbsp;&nbsp;&nbsp; Datadog Inc, Cl A <sup>\*</sup> | 10600 | 1250 |
| &nbsp;&nbsp;&nbsp; Dell Technologies Inc, Cl C  | 9900 | 1102 |
| &nbsp;&nbsp;&nbsp; DocuSign Inc, Cl A <sup>\*</sup> | 7400 | 656 |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories Inc, Cl A  | 1943 | 144 |
| &nbsp;&nbsp;&nbsp; Dropbox Inc, Cl A <sup>\*</sup> | 8300 | 240 |
| &nbsp;&nbsp;&nbsp; DXC Technology Co <sup>\*</sup> | 6636 | 101 |
| &nbsp;&nbsp;&nbsp; Dynatrace Inc <sup>\*</sup> | 10100 | 545 |
| &nbsp;&nbsp;&nbsp; Elastic NV <sup>\*</sup> | 2800 | 226 |
| &nbsp;&nbsp;&nbsp; Enphase Energy Inc <sup>\*</sup> | 4500 | 186 |
| &nbsp;&nbsp;&nbsp; Entegris Inc  | 5200 | 357 |
| &nbsp;&nbsp;&nbsp; EPAM Systems Inc <sup>\*</sup> | 1900 | 332 |
| &nbsp;&nbsp;&nbsp; F5 Inc <sup>\*</sup> | 1831 | 523 |
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp <sup>\*</sup> | 900 | 1554 |
| &nbsp;&nbsp;&nbsp; First Solar Inc <sup>\*</sup> | 3600 | 569 |
| &nbsp;&nbsp;&nbsp; Five9 Inc <sup>\*</sup> | 2200 | 58 |
| &nbsp;&nbsp;&nbsp; Fortinet Inc <sup>\*</sup> | 22700 | 2310 |
| &nbsp;&nbsp;&nbsp; Gartner Inc <sup>\*</sup> | 2560 | 1117 |
| &nbsp;&nbsp;&nbsp; Gen Digital Inc  | 21048 | 599 |
| &nbsp;&nbsp;&nbsp; Gitlab Inc, Cl A <sup>\*</sup> | 3600 | 164 |
| &nbsp;&nbsp;&nbsp; GlobalFoundries Inc <sup>\*</sup> | 2700 | 97 |
| &nbsp;&nbsp;&nbsp; Globant SA <sup>\*</sup> | 1400 | 137 |
| &nbsp;&nbsp;&nbsp; GoDaddy Inc, Cl A <sup>\*</sup> | 5300 | 965 |
| &nbsp;&nbsp;&nbsp; Guidewire Software Inc <sup>\*</sup> | 2800 | 602 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co  | 43470 | 751 |
| &nbsp;&nbsp;&nbsp; HP Inc  | 30570 | 761 |
| &nbsp;&nbsp;&nbsp; HubSpot Inc <sup>\*</sup> | 1800 | 1062 |
| &nbsp;&nbsp;&nbsp; Informatica Inc, Cl A <sup>\*</sup> | 1700 | 41 |
| &nbsp;&nbsp;&nbsp; Intel Corp  | 154258 | 3016 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp  | 32201 | 8342 |
| &nbsp;&nbsp;&nbsp; Intuit Inc  | 9652 | 7272 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; IPG Photonics Corp <sup>\*</sup> | 800 | $53 |
| &nbsp;&nbsp;&nbsp; Jabil Inc  | 4074 | 684 |
| &nbsp;&nbsp;&nbsp; Juniper Networks Inc  | 10625 | 382 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies Inc <sup>\*</sup> | 6232 | 979 |
| &nbsp;&nbsp;&nbsp; KLA Corp  | 4749 | 3594 |
| &nbsp;&nbsp;&nbsp; Kyndryl Holdings Inc <sup>\*</sup> | 6459 | 252 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp  | 45970 | 3714 |
| &nbsp;&nbsp;&nbsp; Lattice Semiconductor Corp <sup>\*</sup> | 3800 | 171 |
| &nbsp;&nbsp;&nbsp; Littelfuse Inc  | 800 | 164 |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings Inc <sup>\*</sup> | 1800 | 130 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings Inc <sup>\*</sup> | 2000 | 243 |
| &nbsp;&nbsp;&nbsp; Manhattan Associates Inc <sup>\*</sup> | 2000 | 378 |
| &nbsp;&nbsp;&nbsp; Marvell Technology Inc  | 31138 | 1874 |
| &nbsp;&nbsp;&nbsp; Microchip Technology Inc  | 18930 | 1099 |
| &nbsp;&nbsp;&nbsp; Micron Technology Inc  | 39516 | 3733 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp  | 262066 | 120645 |
| &nbsp;&nbsp;&nbsp; MicroStrategy Inc, Cl A <sup>\*</sup> | 8300 | 3063 |
| &nbsp;&nbsp;&nbsp; MKS Instruments Inc  | 2300 | 189 |
| &nbsp;&nbsp;&nbsp; MongoDB Inc, Cl A <sup>\*</sup> | 2400 | 453 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems Inc  | 1702 | 1127 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc  | 5914 | 2457 |
| &nbsp;&nbsp;&nbsp; nCino Inc <sup>\*</sup> | 2900 | 76 |
| &nbsp;&nbsp;&nbsp; NetApp Inc  | 7755 | 769 |
| &nbsp;&nbsp;&nbsp; Nutanix Inc, Cl A <sup>\*</sup> | 9500 | 729 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp  | 824740 | 111447 |
| &nbsp;&nbsp;&nbsp; Okta Inc, Cl A <sup>\*</sup> | 6200 | 640 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp <sup>\*</sup> | 16300 | 685 |
| &nbsp;&nbsp;&nbsp; Onto Innovation Inc <sup>\*</sup> | 1400 | 129 |
| &nbsp;&nbsp;&nbsp; Oracle Corp  | 56120 | 9290 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies Inc, Cl A <sup>\*</sup> | 72400 | 9541 |
| &nbsp;&nbsp;&nbsp; Palo Alto Networks Inc <sup>\*</sup> | 22924 | 4411 |
| &nbsp;&nbsp;&nbsp; Pegasystems Inc  | 1500 | 147 |
| &nbsp;&nbsp;&nbsp; Procore Technologies Inc <sup>\*</sup> | 3100 | 208 |
| &nbsp;&nbsp;&nbsp; PTC Inc <sup>\*</sup> | 3900 | 656 |
| &nbsp;&nbsp;&nbsp; Pure Storage Inc, Cl A <sup>\*</sup> | 9900 | 531 |
| &nbsp;&nbsp;&nbsp; Qorvo Inc <sup>\*</sup> | 3500 | 266 |
| &nbsp;&nbsp;&nbsp; QUALCOMM Inc  | 39409 | 5722 |
| &nbsp;&nbsp;&nbsp; RingCentral Inc, Cl A <sup>\*</sup> | 3100 | 80 |
| &nbsp;&nbsp;&nbsp; Roper Technologies Inc  | 3700 | 2110 |
| &nbsp;&nbsp;&nbsp; Salesforce Inc  | 32418 | 8603 |
| &nbsp;&nbsp;&nbsp; SanDisk Corp <sup>\*</sup> | 3365 | 127 |
| &nbsp;&nbsp;&nbsp; SentinelOne Inc, Cl A <sup>\*</sup> | 9400 | 166 |
| &nbsp;&nbsp;&nbsp; ServiceNow Inc <sup>\*</sup> | 7200 | 7280 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions Inc  | 5500 | 380 |
| &nbsp;&nbsp;&nbsp; Snowflake Inc, Cl A <sup>\*</sup> | 11300 | 2324 |
| &nbsp;&nbsp;&nbsp; Super Micro Computer Inc <sup>\*</sup> | 17000 | 680 |
| &nbsp;&nbsp;&nbsp; Synopsys Inc <sup>\*</sup> | 5582 | 2590 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp  | 2500 | 303 |
| &nbsp;&nbsp;&nbsp; Teledyne Technologies Inc <sup>\*</sup> | 1767 | 881 |
| &nbsp;&nbsp;&nbsp; Teradata Corp <sup>\*</sup> | 2989 | 66 |
| &nbsp;&nbsp;&nbsp; Teradyne Inc  | 5363 | 422 |
| &nbsp;&nbsp;&nbsp; Texas Instruments Inc  | 32158 | 5880 |
| &nbsp;&nbsp;&nbsp; Trimble Inc <sup>\*</sup> | 8228 | 586 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Twilio Inc, Cl A <sup>\*</sup> | 5600 | $659 |
| &nbsp;&nbsp;&nbsp; Tyler Technologies Inc <sup>\*</sup> | 1400 | 808 |
| &nbsp;&nbsp;&nbsp; UiPath Inc, Cl A <sup>\*</sup> | 15800 | 210 |
| &nbsp;&nbsp;&nbsp; Unity Software Inc <sup>\*</sup> | 7700 | 201 |
| &nbsp;&nbsp;&nbsp; Universal Display Corp  | 1600 | 229 |
| &nbsp;&nbsp;&nbsp; VeriSign Inc  | 2785 | 759 |
| &nbsp;&nbsp;&nbsp; Vontier Corp  | 5901 | 211 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp  | 13396 | 691 |
| &nbsp;&nbsp;&nbsp; Wolfspeed Inc <sup>\*</sup> | 5000 | 6 |
| &nbsp;&nbsp;&nbsp; Workday Inc, Cl A <sup>\*</sup> | 7400 | 1833 |
| &nbsp;&nbsp;&nbsp; Zebra Technologies Corp, Cl A <sup>\*</sup> | 1725 | 500 |
| &nbsp;&nbsp;&nbsp; Zoom Video Communications Inc, Cl A <sup>\*</sup> | 8500 | 691 |
| &nbsp;&nbsp;&nbsp; Zscaler Inc <sup>\*</sup> | 3600 | 992 |
|  |  | 577172 |
| **Materials — 2.2%** | **Materials — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; Air Products and Chemicals Inc  | 7594 | 2118 |
| &nbsp;&nbsp;&nbsp; Albemarle Corp  | 3973 | 222 |
| &nbsp;&nbsp;&nbsp; Alcoa Corp  | 8600 | 230 |
| &nbsp;&nbsp;&nbsp; Amcor PLC  | 76875 | 700 |
| &nbsp;&nbsp;&nbsp; AptarGroup Inc  | 2200 | 348 |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging SA  | 3000 | 12 |
| &nbsp;&nbsp;&nbsp; Ashland Inc  | 1676 | 83 |
| &nbsp;&nbsp;&nbsp; Avery Dennison Corp  | 2710 | 482 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems Ltd <sup>\*</sup> | 7400 | 228 |
| &nbsp;&nbsp;&nbsp; Ball Corp  | 11200 | 600 |
| &nbsp;&nbsp;&nbsp; Celanese Corp, Cl A  | 3883 | 205 |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings Inc  | 6030 | 547 |
| &nbsp;&nbsp;&nbsp; Chemours Co/The  | 4300 | 44 |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs Inc <sup>\*</sup> | 14100 | 82 |
| &nbsp;&nbsp;&nbsp; Corteva Inc  | 25076 | 1775 |
| &nbsp;&nbsp;&nbsp; CRH PLC  | 24700 | 2252 |
| &nbsp;&nbsp;&nbsp; Crown Holdings Inc  | 3951 | 389 |
| &nbsp;&nbsp;&nbsp; Dow Inc  | 25176 | 698 |
| &nbsp;&nbsp;&nbsp; DuPont de Nemours Inc  | 14909 | 996 |
| &nbsp;&nbsp;&nbsp; Eagle Materials Inc  | 1200 | 243 |
| &nbsp;&nbsp;&nbsp; Eastman Chemical Co  | 3928 | 308 |
| &nbsp;&nbsp;&nbsp; Ecolab Inc  | 8555 | 2272 |
| &nbsp;&nbsp;&nbsp; Element Solutions Inc  | 6200 | 133 |
| &nbsp;&nbsp;&nbsp; FMC Corp  | 4420 | 179 |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc, Cl B  | 48924 | 1883 |
| &nbsp;&nbsp;&nbsp; Graphic Packaging Holding Co  | 10300 | 229 |
| &nbsp;&nbsp;&nbsp; Huntsman Corp  | 6029 | 67 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances Inc  | 9252 | 708 |
| &nbsp;&nbsp;&nbsp; International Paper Co  | 18655 | 892 |
| &nbsp;&nbsp;&nbsp; Linde PLC  | 16850 | 7879 |
| &nbsp;&nbsp;&nbsp; Louisiana-Pacific Corp  | 2200 | 198 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries NV, Cl A  | 8660 | 489 |
| &nbsp;&nbsp;&nbsp; Martin Marietta Materials Inc  | 2163 | 1184 |
| &nbsp;&nbsp;&nbsp; Mosaic Co/The  | 10878 | 393 |
| &nbsp;&nbsp;&nbsp; MP Materials Corp <sup>\*</sup> | 5300 | 115 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp  | 200 | 129 |
| &nbsp;&nbsp;&nbsp; Newmont Corp  | 38933 | 2053 |
| &nbsp;&nbsp;&nbsp; Nucor Corp  | 8390 | 917 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Olin Corp  | 4000 | $78 |
| &nbsp;&nbsp;&nbsp; Packaging Corp of America  | 2999 | 579 |
| &nbsp;&nbsp;&nbsp; PPG Industries Inc  | 8465 | 938 |
| &nbsp;&nbsp;&nbsp; Reliance Inc  | 2100 | 615 |
| &nbsp;&nbsp;&nbsp; Royal Gold Inc  | 2200 | 392 |
| &nbsp;&nbsp;&nbsp; RPM International Inc  | 4069 | 463 |
| &nbsp;&nbsp;&nbsp; Scotts Miracle-Gro Co/The, Cl A  | 1606 | 96 |
| &nbsp;&nbsp;&nbsp; Sealed Air Corp  | 4868 | 157 |
| &nbsp;&nbsp;&nbsp; Sherwin-Williams Co/The  | 8411 | 3018 |
| &nbsp;&nbsp;&nbsp; Silgan Holdings Inc  | 2308 | 127 |
| &nbsp;&nbsp;&nbsp; Smurfit WestRock PLC  | 18545 | 804 |
| &nbsp;&nbsp;&nbsp; Sonoco Products Co  | 3246 | 148 |
| &nbsp;&nbsp;&nbsp; Southern Copper Corp  | 2990 | 272 |
| &nbsp;&nbsp;&nbsp; Steel Dynamics Inc  | 5300 | 652 |
| &nbsp;&nbsp;&nbsp; United States Steel Corp  | 7600 | 409 |
| &nbsp;&nbsp;&nbsp; Vulcan Materials Co  | 4857 | 1287 |
| &nbsp;&nbsp;&nbsp; Westlake Corp  | 1300 | 92 |
|  |  | 42409 |
| **Real Estate — 2.3%** | **Real Estate — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; Agree Realty Corp <sup>‡</sup> | 3800 | 286 |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate Equities Inc <sup>‡</sup> | 6000 | 421 |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent, Cl A <sup>‡</sup> | 10700 | 405 |
| &nbsp;&nbsp;&nbsp; American Tower Corp, Cl A <sup>‡</sup> | 16662 | 3577 |
| &nbsp;&nbsp;&nbsp; Americold Realty Trust Inc <sup>‡</sup> | 9600 | 159 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities Inc <sup>‡</sup> | 5241 | 1084 |
| &nbsp;&nbsp;&nbsp; Brixmor Property Group Inc <sup>‡</sup> | 10100 | 257 |
| &nbsp;&nbsp;&nbsp; BXP Inc <sup>‡</sup> | 5584 | 376 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust <sup>‡</sup> | 3547 | 417 |
| &nbsp;&nbsp;&nbsp; CBRE Group Inc, Cl A <sup>\*</sup> | 10817 | 1352 |
| &nbsp;&nbsp;&nbsp; CoStar Group Inc <sup>\*</sup> | 14800 | 1089 |
| &nbsp;&nbsp;&nbsp; Cousins Properties Inc <sup>‡</sup> | 4300 | 121 |
| &nbsp;&nbsp;&nbsp; Crown Castle Inc <sup>‡</sup> | 15796 | 1585 |
| &nbsp;&nbsp;&nbsp; CubeSmart <sup>‡</sup> | 7000 | 299 |
| &nbsp;&nbsp;&nbsp; Digital Realty Trust Inc <sup>‡</sup> | 11346 | 1946 |
| &nbsp;&nbsp;&nbsp; EastGroup Properties Inc <sup>‡</sup> | 1600 | 271 |
| &nbsp;&nbsp;&nbsp; EPR Properties <sup>‡</sup> | 2800 | 156 |
| &nbsp;&nbsp;&nbsp; Equinix Inc <sup>‡</sup> | 3313 | 2945 |
| &nbsp;&nbsp;&nbsp; Equity LifeStyle Properties Inc <sup>‡</sup> | 6400 | 407 |
| &nbsp;&nbsp;&nbsp; Equity Residential <sup>‡</sup> | 12577 | 882 |
| &nbsp;&nbsp;&nbsp; Essex Property Trust Inc <sup>‡</sup> | 2163 | 614 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage Inc <sup>‡</sup> | 7498 | 1133 |
| &nbsp;&nbsp;&nbsp; Federal Realty Investment Trust <sup>‡</sup> | 2396 | 229 |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust Inc <sup>‡</sup> | 4600 | 227 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties Inc <sup>‡</sup> | 8835 | 413 |
| &nbsp;&nbsp;&nbsp; Healthcare Realty Trust Inc, Cl A <sup>‡</sup> | 12800 | 186 |
| &nbsp;&nbsp;&nbsp; Healthpeak Properties Inc <sup>‡</sup> | 22874 | 398 |
| &nbsp;&nbsp;&nbsp; Highwoods Properties Inc <sup>‡</sup> | 3900 | 116 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts Inc <sup>‡</sup> | 22240 | 344 |
| &nbsp;&nbsp;&nbsp; Howard Hughes Holdings Inc <sup>\*</sup> | 1073 | 73 |
| &nbsp;&nbsp;&nbsp; Invitation Homes Inc <sup>‡</sup> | 22200 | 748 |
| &nbsp;&nbsp;&nbsp; Iron Mountain Inc <sup>‡</sup> | 10803 | 1066 |
| &nbsp;&nbsp;&nbsp; Jones Lang LaSalle Inc <sup>\*</sup> | 1500 | 334 |
| &nbsp;&nbsp;&nbsp; Kilroy Realty Corp <sup>‡</sup> | 4600 | 148 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Large Cap Index Fund** (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Kimco Realty Corp <sup>‡</sup> | 22371 | $476 |
| &nbsp;&nbsp;&nbsp; Lamar Advertising Co, Cl A <sup>‡</sup> | 2940 | 354 |
| &nbsp;&nbsp;&nbsp; Lineage Inc <sup>‡</sup> | 2100 | 90 |
| &nbsp;&nbsp;&nbsp; Medical Properties Trust Inc <sup>‡</sup> | 17800 | 81 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities Inc <sup>‡</sup> | 3950 | 619 |
| &nbsp;&nbsp;&nbsp; MILLROSE PROPERTIES <sup>\*</sup> | 4101 | 114 |
| &nbsp;&nbsp;&nbsp; National Storage Affiliates Trust <sup>‡</sup> | 2200 | 76 |
| &nbsp;&nbsp;&nbsp; NNN REIT Inc <sup>‡</sup> | 5500 | 230 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors Inc <sup>‡</sup> | 7900 | 292 |
| &nbsp;&nbsp;&nbsp; Park Hotels & Resorts Inc <sup>‡</sup> | 8288 | 86 |
| &nbsp;&nbsp;&nbsp; Prologis Inc <sup>‡</sup> | 33103 | 3595 |
| &nbsp;&nbsp;&nbsp; Public Storage <sup>‡</sup> | 5568 | 1717 |
| &nbsp;&nbsp;&nbsp; Rayonier Inc <sup>‡</sup> | 4838 | 115 |
| &nbsp;&nbsp;&nbsp; Realty Income Corp <sup>‡</sup> | 31554 | 1787 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp <sup>‡</sup> | 5858 | 423 |
| &nbsp;&nbsp;&nbsp; Rexford Industrial Realty Inc <sup>‡</sup> | 7800 | 275 |
| &nbsp;&nbsp;&nbsp; SBA Communications Corp, Cl A <sup>‡</sup> | 3932 | 912 |
| &nbsp;&nbsp;&nbsp; Seaport Entertainment Group Inc <sup>\*</sup> | 269 | 5 |
| &nbsp;&nbsp;&nbsp; Simon Property Group Inc <sup>‡</sup> | 11681 | 1905 |
| &nbsp;&nbsp;&nbsp; STAG Industrial Inc <sup>‡</sup> | 6100 | 217 |
| &nbsp;&nbsp;&nbsp; Sun Communities Inc <sup>‡</sup> | 4200 | 518 |
| &nbsp;&nbsp;&nbsp; UDR Inc <sup>‡</sup> | 10993 | 455 |
| &nbsp;&nbsp;&nbsp; Ventas Inc <sup>‡</sup> | 13792 | 887 |
| &nbsp;&nbsp;&nbsp; VICI Properties Inc, Cl A <sup>‡</sup> | 37100 | 1176 |
| &nbsp;&nbsp;&nbsp; Vornado Realty Trust <sup>‡</sup> | 4636 | 175 |
| &nbsp;&nbsp;&nbsp; Welltower Inc <sup>‡</sup> | 22083 | 3407 |
| &nbsp;&nbsp;&nbsp; Weyerhaeuser Co <sup>‡</sup> | 26946 | 698 |
| &nbsp;&nbsp;&nbsp; WP Carey Inc <sup>‡</sup> | 6900 | 433 |
| &nbsp;&nbsp;&nbsp; Zillow Group Inc, Cl A <sup>\*</sup> | 1143 | 76 |
| &nbsp;&nbsp;&nbsp; Zillow Group Inc, Cl C <sup>\*</sup> | 5386 | 361 |
|  |  | 45619 |
| **Utilities — 2.3%** | **Utilities — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; AES Corp/The  | 24124 | 243 |
| &nbsp;&nbsp;&nbsp; Alliant Energy Corp  | 9952 | 619 |
| &nbsp;&nbsp;&nbsp; Ameren Corp  | 9490 | 919 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co Inc  | 19300 | 1997 |
| &nbsp;&nbsp;&nbsp; American Water Works Co Inc  | 6500 | 929 |
| &nbsp;&nbsp;&nbsp; Atmos Energy Corp  | 5091 | 788 |
| &nbsp;&nbsp;&nbsp; Brookfield Renewable Corp  | 5000 | 147 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Inc  | 21615 | 805 |
| &nbsp;&nbsp;&nbsp; Clearway Energy Inc, Cl A  | 1300 | 38 |
| &nbsp;&nbsp;&nbsp; Clearway Energy Inc, Cl C  | 3500 | 108 |
| &nbsp;&nbsp;&nbsp; CMS Energy Corp  | 9742 | 684 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison Inc  | 12316 | 1287 |
| &nbsp;&nbsp;&nbsp; Constellation Energy Corp  | 11292 | 3457 |
| &nbsp;&nbsp;&nbsp; Dominion Energy Inc  | 30470 | 1727 |
| &nbsp;&nbsp;&nbsp; DTE Energy Co  | 7664 | 1047 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp  | 27666 | 3257 |
| &nbsp;&nbsp;&nbsp; Edison International  | 14379 | 800 |
| &nbsp;&nbsp;&nbsp; Entergy Corp  | 15096 | 1257 |
| &nbsp;&nbsp;&nbsp; Essential Utilities Inc  | 8546 | 329 |
| &nbsp;&nbsp;&nbsp; Evergy Inc  | 8649 | 574 |
| &nbsp;&nbsp;&nbsp; Eversource Energy  | 12126 | 786 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Exelon Corp  | 35276 | $1546 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp  | 20827 | 874 |
| &nbsp;&nbsp;&nbsp; IDACORP Inc, Cl Rights  | 1700 | 202 |
| &nbsp;&nbsp;&nbsp; MDU Resources Group Inc  | 6821 | 117 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co  | 2889 | 239 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Inc  | 72542 | 5124 |
| &nbsp;&nbsp;&nbsp; NiSource Inc  | 14921 | 590 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc  | 7600 | 1185 |
| &nbsp;&nbsp;&nbsp; OGE Energy Corp  | 5836 | 260 |
| &nbsp;&nbsp;&nbsp; PG&E Corp  | 77018 | 1300 |
| &nbsp;&nbsp;&nbsp; Pinnacle West Capital Corp  | 3892 | 355 |
| &nbsp;&nbsp;&nbsp; PPL Corp  | 26526 | 922 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group Inc  | 17652 | 1430 |
| &nbsp;&nbsp;&nbsp; Sempra  | 22346 | 1756 |
| &nbsp;&nbsp;&nbsp; Southern Co/The  | 39153 | 3524 |
| &nbsp;&nbsp;&nbsp; UGI Corp  | 7925 | 286 |
| &nbsp;&nbsp;&nbsp; Vistra Corp  | 12000 | 1927 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group Inc  | 11257 | 1209 |
| &nbsp;&nbsp;&nbsp; Xcel Energy Inc  | 20281 | 1422 |
|  |  | 46066 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $494,475) ($ Thousands) |  | 1912712 |
| **CASH EQUIVALENT — 1.8%** | **CASH EQUIVALENT — 1.8%** | **CASH EQUIVALENT — 1.8%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 35114503 | 35115 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $35,115) ($ Thousands) |  | 35115 |
| Total Investments in Securities — 99.8% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $529,590) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $529,590) ($ Thousands)  | $1947827 |

---

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; S&P 500 Index E-MINI | 105 | Jun-2025 | $29384 | $31059 | $1675 |
| &nbsp;&nbsp; S&P Mid Cap 400 Index E-MINI | 21 | Jun-2025 | 6168 | 6309 | 141 |
|  |  |  | $35552 | $37368 | $1816 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $1,952,244 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| <sup>†</sup><sup>†</sup> | Narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 1912712 | – | – | 1912712 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 35115 | – | – | 35115 |
|  Total Investments in Securities | 1947827 | – | – | 1947827 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 1816 |  |  | 1816 |
| Total Other Financial Instruments | 1816 |  |  | 1816 |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Investments Co  | $233 | $— | $— | $— | $60 | $293 | $3 | $— |
|  SEI Liquidity Fund, LP  | 1 |  |  | (7) | 6 |  | 1 |  |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | 31356 | 373320 | (369561) |  |  | 35115 | 1832 |  |
| Totals  | $31590 | $373320 | $(369561) | $(7) | $66 | $35408 | $1836 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**S&P 500 Index Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> — 98.4%** | **COMMON STOCK<sup>†</sup><sup>†</sup> — 98.4%** | **COMMON STOCK<sup>†</sup><sup>†</sup> — 98.4%** |
| **Communication Services — 9.5%** | **Communication Services — 9.5%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl A  | 477693 | $82039 |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl C  | 387186 | 66925 |
| &nbsp;&nbsp;&nbsp; AT&T Inc  | 587779 | 16340 |
| &nbsp;&nbsp;&nbsp; Charter Communications Inc, Cl A <sup>\*</sup> | 7896 | 3129 |
| &nbsp;&nbsp;&nbsp; Comcast Corp, Cl A  | 308755 | 10674 |
| &nbsp;&nbsp;&nbsp; Electronic Arts Inc  | 19411 | 2791 |
| &nbsp;&nbsp;&nbsp; Fox Corp  | 28894 | 1536 |
| &nbsp;&nbsp;&nbsp; Interpublic Group of Cos Inc/The  | 30824 | 738 |
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment Inc <sup>\*</sup> | 12783 | 1754 |
| &nbsp;&nbsp;&nbsp; Match Group Inc  | 20753 | 621 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc, Cl A  | 179396 | 116157 |
| &nbsp;&nbsp;&nbsp; Netflix Inc <sup>\*</sup> | 35067 | 42334 |
| &nbsp;&nbsp;&nbsp; News Corp  | 9800 | 321 |
| &nbsp;&nbsp;&nbsp; News Corp, Cl A  | 30778 | 869 |
| &nbsp;&nbsp;&nbsp; Omnicom Group Inc  | 16364 | 1202 |
| &nbsp;&nbsp;&nbsp; Paramount Global, Cl B  | 49205 | 595 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software Inc <sup>\*</sup> | 13433 | 3040 |
| &nbsp;&nbsp;&nbsp; TKO Group Holdings Inc, Cl A  | 5400 | 852 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc  | 39281 | 9514 |
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc  | 344659 | 15151 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co/The  | 148080 | 16739 |
| &nbsp;&nbsp;&nbsp; Warner Bros Discovery Inc <sup>\*</sup> | 182444 | 1819 |
|  |  | 395140 |
| **Consumer Discretionary — 10.5%** | **Consumer Discretionary — 10.5%** |  |
| &nbsp;&nbsp;&nbsp; Airbnb Inc, Cl A <sup>\*</sup> | 35469 | 4576 |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc <sup>\*</sup> | 772530 | 158376 |
| &nbsp;&nbsp;&nbsp; APTIV PLC <sup>\*</sup> | 18773 | 1254 |
| &nbsp;&nbsp;&nbsp; AutoZone Inc <sup>\*</sup> | 1388 | 5181 |
| &nbsp;&nbsp;&nbsp; Best Buy Co Inc  | 15835 | 1050 |
| &nbsp;&nbsp;&nbsp; Booking Holdings Inc  | 2737 | 15105 |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment Inc <sup>\*</sup> | 17566 | 472 |
| &nbsp;&nbsp;&nbsp; CarMax Inc <sup>\*</sup> | 12584 | 811 |
| &nbsp;&nbsp;&nbsp; Carnival Corp, Cl A <sup>\*</sup> | 85628 | 1988 |
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill Inc, Cl A <sup>\*</sup> | 110900 | 5554 |
| &nbsp;&nbsp;&nbsp; Darden Restaurants Inc  | 9596 | 2056 |
| &nbsp;&nbsp;&nbsp; Deckers Outdoor Corp <sup>\*</sup> | 12400 | 1308 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza Inc  | 2836 | 1344 |
| &nbsp;&nbsp;&nbsp; DoorDash Inc, Cl A <sup>\*</sup> | 27800 | 5801 |
| &nbsp;&nbsp;&nbsp; DR Horton Inc  | 23149 | 2733 |
| &nbsp;&nbsp;&nbsp; eBay Inc  | 39210 | 2869 |
| &nbsp;&nbsp;&nbsp; Expedia Group Inc  | 10115 | 1687 |
| &nbsp;&nbsp;&nbsp; Ford Motor Co  | 318487 | 3306 |
| &nbsp;&nbsp;&nbsp; Garmin Ltd  | 12516 | 2540 |
| &nbsp;&nbsp;&nbsp; General Motors Co  | 81421 | 4039 |
| &nbsp;&nbsp;&nbsp; Genuine Parts Co  | 11511 | 1456 |
| &nbsp;&nbsp;&nbsp; Hasbro Inc  | 10820 | 722 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings Inc  | 19695 | 4893 |
| &nbsp;&nbsp;&nbsp; Home Depot Inc/The  | 81374 | 29969 |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp  | 28020 | 1153 |
| &nbsp;&nbsp;&nbsp; Lennar Corp, Cl A  | 19057 | 2022 |
| &nbsp;&nbsp;&nbsp; LKQ Corp  | 21826 | 883 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Lowe's Cos Inc  | 46201 | $10429 |
| &nbsp;&nbsp;&nbsp; Lululemon Athletica Inc <sup>\*</sup> | 9173 | 2905 |
| &nbsp;&nbsp;&nbsp; Marriott International Inc/MD, Cl A  | 18707 | 4935 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp  | 58726 | 18431 |
| &nbsp;&nbsp;&nbsp; MGM Resorts International <sup>\*</sup> | 18700 | 592 |
| &nbsp;&nbsp;&nbsp; Mohawk Industries Inc <sup>\*</sup> | 4400 | 443 |
| &nbsp;&nbsp;&nbsp; NIKE Inc, Cl B  | 96675 | 5858 |
| &nbsp;&nbsp;&nbsp; Norwegian Cruise Line Holdings Ltd <sup>\*</sup> | 36824 | 650 |
| &nbsp;&nbsp;&nbsp; NVR Inc <sup>\*</sup> | 242 | 1722 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive Inc <sup>\*</sup> | 4697 | 6423 |
| &nbsp;&nbsp;&nbsp; Pool Corp  | 3121 | 938 |
| &nbsp;&nbsp;&nbsp; PulteGroup Inc  | 16754 | 1642 |
| &nbsp;&nbsp;&nbsp; Ralph Lauren Corp, Cl A  | 3330 | 922 |
| &nbsp;&nbsp;&nbsp; Ross Stores Inc  | 27026 | 3786 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd  | 20296 | 5215 |
| &nbsp;&nbsp;&nbsp; Starbucks Corp  | 93022 | 7809 |
| &nbsp;&nbsp;&nbsp; Tapestry Inc  | 16932 | 1330 |
| &nbsp;&nbsp;&nbsp; Tesla Inc <sup>\*</sup> | 229148 | 79391 |
| &nbsp;&nbsp;&nbsp; TJX Cos Inc/The  | 92073 | 11684 |
| &nbsp;&nbsp;&nbsp; Tractor Supply Co  | 43695 | 2115 |
| &nbsp;&nbsp;&nbsp; Ulta Beauty Inc <sup>\*</sup> | 3790 | 1787 |
| &nbsp;&nbsp;&nbsp; Williams-Sonoma Inc  | 10100 | 1634 |
| &nbsp;&nbsp;&nbsp; Wynn Resorts Ltd  | 7332 | 664 |
| &nbsp;&nbsp;&nbsp; Yum! Brands Inc  | 22814 | 3284 |
|  |  | 437737 |
| **Consumer Staples — 5.8%** | **Consumer Staples — 5.8%** |  |
| &nbsp;&nbsp;&nbsp; Altria Group Inc  | 138783 | 8412 |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co  | 39067 | 1886 |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp, Cl B  | 15348 | 512 |
| &nbsp;&nbsp;&nbsp; Bunge Global SA  | 11027 | 862 |
| &nbsp;&nbsp;&nbsp; Campbell Soup Co  | 16212 | 552 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co Inc  | 20075 | 1974 |
| &nbsp;&nbsp;&nbsp; Clorox Co/The  | 10070 | 1328 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co/The  | 317028 | 22858 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co  | 66463 | 6177 |
| &nbsp;&nbsp;&nbsp; Conagra Brands Inc  | 39450 | 903 |
| &nbsp;&nbsp;&nbsp; Constellation Brands Inc, Cl A  | 12683 | 2261 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp  | 36380 | 37842 |
| &nbsp;&nbsp;&nbsp; Dollar General Corp  | 17948 | 1745 |
| &nbsp;&nbsp;&nbsp; Dollar Tree Inc <sup>\*</sup> | 16486 | 1488 |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos Inc/The, Cl A  | 19148 | 1282 |
| &nbsp;&nbsp;&nbsp; General Mills Inc  | 45023 | 2443 |
| &nbsp;&nbsp;&nbsp; Hershey Co/The  | 12093 | 1943 |
| &nbsp;&nbsp;&nbsp; Hormel Foods Corp  | 24060 | 738 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co/The  | 8658 | 975 |
| &nbsp;&nbsp;&nbsp; Kellanova  | 21935 | 1813 |
| &nbsp;&nbsp;&nbsp; Kenvue Inc  | 156906 | 3745 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper Inc  | 111157 | 3743 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp  | 27156 | 3904 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co/The  | 71315 | 1906 |
| &nbsp;&nbsp;&nbsp; Kroger Co/The  | 54482 | 3717 |
| &nbsp;&nbsp;&nbsp; Lamb Weston Holdings Inc  | 11991 | 669 |
| &nbsp;&nbsp;&nbsp; McCormick & Co Inc/MD  | 20673 | 1504 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co, Cl B  | 14170 | $759 |
| &nbsp;&nbsp;&nbsp; Mondelez International Inc, Cl A  | 105902 | 7147 |
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp <sup>\*</sup> | 57281 | 3663 |
| &nbsp;&nbsp;&nbsp; PepsiCo Inc  | 112266 | 14757 |
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc  | 127363 | 23000 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co/The  | 192012 | 32621 |
| &nbsp;&nbsp;&nbsp; Sysco Corp  | 40010 | 2921 |
| &nbsp;&nbsp;&nbsp; Target Corp  | 37492 | 3525 |
| &nbsp;&nbsp;&nbsp; Tyson Foods Inc, Cl A  | 23413 | 1315 |
| &nbsp;&nbsp;&nbsp; Walgreens Boots Alliance Inc  | 60385 | 679 |
| &nbsp;&nbsp;&nbsp; Walmart Inc  | 355311 | 35076 |
|  |  | 242645 |
| **Energy — 3.0%** | **Energy — 3.0%** |  |
| &nbsp;&nbsp;&nbsp; APA Corp  | 31091 | 529 |
| &nbsp;&nbsp;&nbsp; Baker Hughes Co, Cl A  | 80999 | 3001 |
| &nbsp;&nbsp;&nbsp; Chesapeake Energy Corp  | 17200 | 1997 |
| &nbsp;&nbsp;&nbsp; Chevron Corp  | 136861 | 18709 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips  | 104489 | 8918 |
| &nbsp;&nbsp;&nbsp; Coterra Energy Inc, Cl A  | 60148 | 1462 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp  | 53646 | 1623 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy Inc  | 15243 | 2051 |
| &nbsp;&nbsp;&nbsp; EOG Resources Inc  | 46012 | 4996 |
| &nbsp;&nbsp;&nbsp; EQT Corp  | 48796 | 2690 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp  | 356505 | 36471 |
| &nbsp;&nbsp;&nbsp; Halliburton Co  | 71829 | 1407 |
| &nbsp;&nbsp;&nbsp; Hess Corp  | 22622 | 2990 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan Inc  | 158226 | 4437 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp  | 25889 | 4161 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp  | 55231 | 2252 |
| &nbsp;&nbsp;&nbsp; ONEOK Inc  | 50752 | 4103 |
| &nbsp;&nbsp;&nbsp; Phillips 66  | 33797 | 3835 |
| &nbsp;&nbsp;&nbsp; Schlumberger NV  | 114599 | 3788 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp  | 17803 | 2812 |
| &nbsp;&nbsp;&nbsp; Texas Pacific Land Corp  | 1500 | 1671 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp  | 25911 | 3342 |
| &nbsp;&nbsp;&nbsp; Williams Cos Inc/The  | 99813 | 6040 |
|  |  | 123285 |
| **Financials — 14.1%** | **Financials — 14.1%** |  |
| &nbsp;&nbsp;&nbsp; Aflac Inc  | 40506 | 4194 |
| &nbsp;&nbsp;&nbsp; Allstate Corp/The  | 21727 | 4560 |
| &nbsp;&nbsp;&nbsp; American Express Co  | 45458 | 13367 |
| &nbsp;&nbsp;&nbsp; American International Group Inc  | 48564 | 4110 |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial Inc  | 7858 | 4002 |
| &nbsp;&nbsp;&nbsp; Aon PLC, Cl A  | 17695 | 6584 |
| &nbsp;&nbsp;&nbsp; Apollo Global Management Inc  | 36600 | 4783 |
| &nbsp;&nbsp;&nbsp; Arch Capital Group Ltd  | 30628 | 2911 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher & Co  | 20885 | 7256 |
| &nbsp;&nbsp;&nbsp; Assurant Inc  | 4131 | 838 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp  | 542210 | 23928 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp/The  | 58759 | 5207 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Inc, Cl B <sup>\*</sup> | 150132 | 75660 |
| &nbsp;&nbsp;&nbsp; BlackRock Funding Inc/DE  | 11875 | 11636 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Blackstone Inc  | 59926 | $8315 |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc  | 19445 | 2195 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp  | 52147 | 9864 |
| &nbsp;&nbsp;&nbsp; Cboe Global Markets Inc  | 8600 | 1970 |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp/The  | 139560 | 12329 |
| &nbsp;&nbsp;&nbsp; Chubb Ltd  | 30556 | 9081 |
| &nbsp;&nbsp;&nbsp; Cincinnati Financial Corp  | 12805 | 1931 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc  | 153705 | 11577 |
| &nbsp;&nbsp;&nbsp; Citizens Financial Group Inc  | 35660 | 1439 |
| &nbsp;&nbsp;&nbsp; CME Group Inc, Cl A  | 29491 | 8523 |
| &nbsp;&nbsp;&nbsp; Coinbase Global Inc, Cl A <sup>\*</sup> | 17200 | 4242 |
| &nbsp;&nbsp;&nbsp; Corpay Inc <sup>\*</sup> | 5719 | 1859 |
| &nbsp;&nbsp;&nbsp; Erie Indemnity Co, Cl A  | 2100 | 753 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd  | 3499 | 1215 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems Inc  | 3151 | 1444 |
| &nbsp;&nbsp;&nbsp; Fidelity National Information Services Inc  | 43359 | 3452 |
| &nbsp;&nbsp;&nbsp; Fifth Third Bancorp  | 54733 | 2090 |
| &nbsp;&nbsp;&nbsp; Fiserv Inc <sup>\*</sup> | 46539 | 7576 |
| &nbsp;&nbsp;&nbsp; Franklin Resources Inc  | 26177 | 566 |
| &nbsp;&nbsp;&nbsp; Global Payments Inc  | 20495 | 1550 |
| &nbsp;&nbsp;&nbsp; Globe Life Inc  | 6982 | 851 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc/The  | 25557 | 15346 |
| &nbsp;&nbsp;&nbsp; Hartford Financial Services Group Inc/The  | 23488 | 3050 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares Inc/OH  | 118788 | 1857 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange Inc  | 47019 | 8454 |
| &nbsp;&nbsp;&nbsp; Invesco Ltd  | 37770 | 546 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates Inc  | 6082 | 1102 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co  | 229054 | 60470 |
| &nbsp;&nbsp;&nbsp; KeyCorp  | 82906 | 1315 |
| &nbsp;&nbsp;&nbsp; KKR & Co Inc  | 55300 | 6717 |
| &nbsp;&nbsp;&nbsp; Loews Corp  | 14657 | 1309 |
| &nbsp;&nbsp;&nbsp; M&T Bank Corp  | 13523 | 2470 |
| &nbsp;&nbsp;&nbsp; MarketAxess Holdings Inc  | 3142 | 680 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos Inc  | 40181 | 9389 |
| &nbsp;&nbsp;&nbsp; Mastercard Inc, Cl A  | 66741 | 39084 |
| &nbsp;&nbsp;&nbsp; MetLife Inc  | 47326 | 3719 |
| &nbsp;&nbsp;&nbsp; Moody's Corp  | 12653 | 6065 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  | 101309 | 12971 |
| &nbsp;&nbsp;&nbsp; MSCI Inc, Cl A  | 6317 | 3563 |
| &nbsp;&nbsp;&nbsp; Nasdaq Inc  | 33806 | 2824 |
| &nbsp;&nbsp;&nbsp; Northern Trust Corp  | 16187 | 1728 |
| &nbsp;&nbsp;&nbsp; PayPal Holdings Inc <sup>\*</sup> | 80988 | 5692 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The  | 32379 | 5628 |
| &nbsp;&nbsp;&nbsp; Principal Financial Group Inc  | 17434 | 1358 |
| &nbsp;&nbsp;&nbsp; Progressive Corp/The  | 48004 | 13678 |
| &nbsp;&nbsp;&nbsp; Prudential Financial Inc  | 28994 | 3012 |
| &nbsp;&nbsp;&nbsp; Raymond James Financial Inc  | 15249 | 2241 |
| &nbsp;&nbsp;&nbsp; Regions Financial Corp  | 74278 | 1592 |
| &nbsp;&nbsp;&nbsp; S&P Global Inc  | 25743 | 13203 |
| &nbsp;&nbsp;&nbsp; State Street Corp  | 23580 | 2270 |
| &nbsp;&nbsp;&nbsp; Synchrony Financial  | 31746 | 1830 |
| &nbsp;&nbsp;&nbsp; T Rowe Price Group Inc  | 18153 | 1699 |
| &nbsp;&nbsp;&nbsp; Travelers Cos Inc/The  | 18552 | 5115 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**S&P 500 Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Truist Financial Corp  | 107691 | $4254 |
| &nbsp;&nbsp;&nbsp; US Bancorp  | 127729 | 5568 |
| &nbsp;&nbsp;&nbsp; Visa Inc, Cl A  | 141180 | 51557 |
| &nbsp;&nbsp;&nbsp; W R Berkley Corp  | 24575 | 1835 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co  | 269330 | 20140 |
| &nbsp;&nbsp;&nbsp; Willis Towers Watson PLC  | 8167 | 2585 |
|  |  | 587774 |
| **Health Care — 9.4%** | **Health Care — 9.4%** |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories  | 142009 | 18970 |
| &nbsp;&nbsp;&nbsp; AbbVie Inc  | 144568 | 26906 |
| &nbsp;&nbsp;&nbsp; Agilent Technologies Inc  | 23359 | 2614 |
| &nbsp;&nbsp;&nbsp; Align Technology Inc <sup>\*</sup> | 5720 | 1035 |
| &nbsp;&nbsp;&nbsp; Amgen Inc  | 43950 | 12666 |
| &nbsp;&nbsp;&nbsp; Baxter International Inc  | 41726 | 1273 |
| &nbsp;&nbsp;&nbsp; Becton Dickinson & Co  | 23508 | 4057 |
| &nbsp;&nbsp;&nbsp; Biogen Inc <sup>\*</sup> | 11988 | 1556 |
| &nbsp;&nbsp;&nbsp; Bio-Techne Corp  | 13231 | 640 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp <sup>\*</sup> | 120725 | 12708 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co  | 166158 | 8022 |
| &nbsp;&nbsp;&nbsp; Cardinal Health Inc  | 19784 | 3055 |
| &nbsp;&nbsp;&nbsp; Cencora Inc  | 14099 | 4106 |
| &nbsp;&nbsp;&nbsp; Centene Corp <sup>\*</sup> | 40551 | 2289 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International Inc <sup>\*</sup> | 4200 | 570 |
| &nbsp;&nbsp;&nbsp; Cigna Group/The  | 22362 | 7081 |
| &nbsp;&nbsp;&nbsp; Cooper Cos Inc/The <sup>\*</sup> | 16280 | 1112 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp  | 103196 | 6609 |
| &nbsp;&nbsp;&nbsp; Danaher Corp  | 52364 | 9944 |
| &nbsp;&nbsp;&nbsp; DaVita Inc <sup>\*</sup> | 3760 | 512 |
| &nbsp;&nbsp;&nbsp; Dexcom Inc <sup>\*</sup> | 31966 | 2743 |
| &nbsp;&nbsp;&nbsp; Edwards Lifesciences Corp <sup>\*</sup> | 48279 | 3776 |
| &nbsp;&nbsp;&nbsp; Elevance Health Inc  | 19017 | 7299 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co  | 64532 | 47603 |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies Inc  | 37381 | 2637 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences Inc  | 102008 | 11229 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc  | 14678 | 5598 |
| &nbsp;&nbsp;&nbsp; Henry Schein Inc <sup>\*</sup> | 10437 | 730 |
| &nbsp;&nbsp;&nbsp; Hologic Inc <sup>\*</sup> | 18529 | 1152 |
| &nbsp;&nbsp;&nbsp; Humana Inc  | 9879 | 2303 |
| &nbsp;&nbsp;&nbsp; IDEXX Laboratories Inc <sup>\*</sup> | 6723 | 3451 |
| &nbsp;&nbsp;&nbsp; Incyte Corp <sup>\*</sup> | 13255 | 862 |
| &nbsp;&nbsp;&nbsp; Insulet Corp <sup>\*</sup> | 5778 | 1878 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical Inc <sup>\*</sup> | 29189 | 16122 |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings Inc <sup>\*</sup> | 13663 | 1917 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  | 197220 | 30611 |
| &nbsp;&nbsp;&nbsp; Labcorp Holdings Inc  | 6806 | 1694 |
| &nbsp;&nbsp;&nbsp; McKesson Corp  | 10288 | 7402 |
| &nbsp;&nbsp;&nbsp; Medtronic PLC  | 104973 | 8711 |
| &nbsp;&nbsp;&nbsp; Merck & Co Inc  | 207168 | 15919 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International Inc <sup>\*</sup> | 1698 | 1962 |
| &nbsp;&nbsp;&nbsp; Moderna Inc <sup>\*</sup> | 28425 | 755 |
| &nbsp;&nbsp;&nbsp; Molina Healthcare Inc <sup>\*</sup> | 4610 | 1406 |
| &nbsp;&nbsp;&nbsp; Pfizer Inc  | 463963 | 10899 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics Inc  | 9097 | $1577 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals Inc  | 8659 | 4245 |
| &nbsp;&nbsp;&nbsp; ResMed Inc  | 12010 | 2940 |
| &nbsp;&nbsp;&nbsp; Revvity Inc  | 10109 | 914 |
| &nbsp;&nbsp;&nbsp; Solventum Corp <sup>\*</sup> | 11446 | 837 |
| &nbsp;&nbsp;&nbsp; STERIS PLC  | 8015 | 1965 |
| &nbsp;&nbsp;&nbsp; Stryker Corp  | 28073 | 10742 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific Inc  | 31366 | 12635 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc  | 75357 | 22751 |
| &nbsp;&nbsp;&nbsp; Universal Health Services Inc, Cl B  | 4884 | 930 |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals Inc <sup>\*</sup> | 21021 | 9292 |
| &nbsp;&nbsp;&nbsp; Viatris Inc  | 98708 | 868 |
| &nbsp;&nbsp;&nbsp; Waters Corp <sup>\*</sup> | 4894 | 1709 |
| &nbsp;&nbsp;&nbsp; West Pharmaceutical Services Inc  | 5900 | 1244 |
| &nbsp;&nbsp;&nbsp; Zimmer Biomet Holdings Inc  | 16284 | 1501 |
| &nbsp;&nbsp;&nbsp; Zoetis Inc, Cl A  | 36639 | 6178 |
|  |  | 394712 |
| **Industrials — 8.6%** | **Industrials — 8.6%** |  |
| &nbsp;&nbsp;&nbsp; 3M Co  | 44487 | 6600 |
| &nbsp;&nbsp;&nbsp; A O Smith Corp  | 9851 | 633 |
| &nbsp;&nbsp;&nbsp; Allegion plc  | 7199 | 1027 |
| &nbsp;&nbsp;&nbsp; Amentum Holdings Inc <sup>\*</sup> | 606 | 13 |
| &nbsp;&nbsp;&nbsp; AMETEK Inc  | 18896 | 3377 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc  | 33293 | 10838 |
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc <sup>\*</sup> | 5940 | 4457 |
| &nbsp;&nbsp;&nbsp; Boeing Co/The <sup>\*</sup> | 61445 | 12739 |
| &nbsp;&nbsp;&nbsp; Broadridge Financial Solutions Inc  | 9526 | 2313 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource Inc <sup>\*</sup> | 9609 | 1035 |
| &nbsp;&nbsp;&nbsp; Carrier Global Corp  | 66052 | 4703 |
| &nbsp;&nbsp;&nbsp; Caterpillar Inc  | 39112 | 13612 |
| &nbsp;&nbsp;&nbsp; CH Robinson Worldwide Inc  | 9925 | 952 |
| &nbsp;&nbsp;&nbsp; Cintas Corp  | 28104 | 6366 |
| &nbsp;&nbsp;&nbsp; Copart Inc <sup>\*</sup> | 71772 | 3695 |
| &nbsp;&nbsp;&nbsp; CSX Corp  | 157815 | 4985 |
| &nbsp;&nbsp;&nbsp; Cummins Inc  | 11278 | 3626 |
| &nbsp;&nbsp;&nbsp; Dayforce Inc <sup>\*</sup> | 13211 | 780 |
| &nbsp;&nbsp;&nbsp; Deere & Co  | 20750 | 10505 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines Inc  | 52426 | 2537 |
| &nbsp;&nbsp;&nbsp; Dover Corp  | 11180 | 1987 |
| &nbsp;&nbsp;&nbsp; Eaton Corp PLC  | 32376 | 10367 |
| &nbsp;&nbsp;&nbsp; Emerson Electric Co  | 46190 | 5514 |
| &nbsp;&nbsp;&nbsp; Equifax Inc  | 10190 | 2692 |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington Inc  | 11438 | 1289 |
| &nbsp;&nbsp;&nbsp; Fastenal Co  | 93846 | 3880 |
| &nbsp;&nbsp;&nbsp; FedEx Corp  | 18147 | 3958 |
| &nbsp;&nbsp;&nbsp; Fortive Corp  | 27924 | 1960 |
| &nbsp;&nbsp;&nbsp; GE Vernova Inc  | 22606 | 10692 |
| &nbsp;&nbsp;&nbsp; Generac Holdings Inc <sup>\*</sup> | 5027 | 614 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp  | 20760 | 5781 |
| &nbsp;&nbsp;&nbsp; General Electric Co  | 87927 | 21622 |
| &nbsp;&nbsp;&nbsp; Honeywell International Inc  | 53227 | 12065 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace Inc  | 33151 | 5632 |
| &nbsp;&nbsp;&nbsp; Hubbell Inc, Cl B  | 4436 | 1728 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries Inc  | 3227 | $720 |
| &nbsp;&nbsp;&nbsp; IDEX Corp  | 6266 | 1134 |
| &nbsp;&nbsp;&nbsp; Illinois Tool Works Inc  | 21855 | 5356 |
| &nbsp;&nbsp;&nbsp; Ingersoll Rand Inc  | 32933 | 2689 |
| &nbsp;&nbsp;&nbsp; Jacobs Solutions Inc  | 9964 | 1258 |
| &nbsp;&nbsp;&nbsp; JB Hunt Transport Services Inc  | 6460 | 897 |
| &nbsp;&nbsp;&nbsp; Johnson Controls International plc  | 54062 | 5480 |
| &nbsp;&nbsp;&nbsp; L3Harris Technologies Inc  | 15413 | 3766 |
| &nbsp;&nbsp;&nbsp; Leidos Holdings Inc  | 10739 | 1595 |
| &nbsp;&nbsp;&nbsp; Lennox International Inc  | 2600 | 1468 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp  | 17183 | 8289 |
| &nbsp;&nbsp;&nbsp; Masco Corp  | 17257 | 1077 |
| &nbsp;&nbsp;&nbsp; Nordson Corp  | 4390 | 931 |
| &nbsp;&nbsp;&nbsp; Norfolk Southern Corp  | 18523 | 4577 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp  | 11168 | 5414 |
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line Inc  | 15340 | 2457 |
| &nbsp;&nbsp;&nbsp; Otis Worldwide Corp  | 32386 | 3088 |
| &nbsp;&nbsp;&nbsp; PACCAR Inc  | 42923 | 4028 |
| &nbsp;&nbsp;&nbsp; Parker-Hannifin Corp  | 10523 | 6995 |
| &nbsp;&nbsp;&nbsp; Paychex Inc  | 26189 | 4135 |
| &nbsp;&nbsp;&nbsp; Paycom Software Inc  | 3872 | 1003 |
| &nbsp;&nbsp;&nbsp; Pentair PLC  | 13656 | 1354 |
| &nbsp;&nbsp;&nbsp; Quanta Services Inc  | 12127 | 4154 |
| &nbsp;&nbsp;&nbsp; Republic Services Inc, Cl A  | 16631 | 4279 |
| &nbsp;&nbsp;&nbsp; Rockwell Automation Inc  | 9224 | 2911 |
| &nbsp;&nbsp;&nbsp; Rollins Inc  | 23258 | 1332 |
| &nbsp;&nbsp;&nbsp; RTX Corp  | 109056 | 14884 |
| &nbsp;&nbsp;&nbsp; Snap-on Inc  | 4350 | 1395 |
| &nbsp;&nbsp;&nbsp; Southwest Airlines Co  | 49027 | 1637 |
| &nbsp;&nbsp;&nbsp; Stanley Black & Decker Inc  | 12941 | 847 |
| &nbsp;&nbsp;&nbsp; Textron Inc  | 15069 | 1116 |
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC  | 18352 | 7896 |
| &nbsp;&nbsp;&nbsp; TransDigm Group Inc  | 4607 | 6765 |
| &nbsp;&nbsp;&nbsp; Uber Technologies Inc <sup>\*</sup> | 171100 | 14400 |
| &nbsp;&nbsp;&nbsp; Union Pacific Corp  | 49493 | 10971 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings Inc <sup>\*</sup> | 26847 | 2133 |
| &nbsp;&nbsp;&nbsp; United Parcel Service Inc, Cl B  | 59815 | 5834 |
| &nbsp;&nbsp;&nbsp; United Rentals Inc  | 5371 | 3805 |
| &nbsp;&nbsp;&nbsp; Veralto Corp  | 20221 | 2043 |
| &nbsp;&nbsp;&nbsp; Verisk Analytics Inc, Cl A  | 11601 | 3644 |
| &nbsp;&nbsp;&nbsp; Waste Management Inc  | 29854 | 7194 |
| &nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies Corp  | 13961 | 2825 |
| &nbsp;&nbsp;&nbsp; WW Grainger Inc  | 3578 | 3891 |
| &nbsp;&nbsp;&nbsp; Xylem Inc/NY  | 19837 | 2500 |
|  |  | 358741 |
| **Information Technology — 31.1%** | **Information Technology — 31.1%** |  |
| &nbsp;&nbsp;&nbsp; Accenture PLC, Cl A  | 51219 | 16227 |
| &nbsp;&nbsp;&nbsp; Adobe Inc <sup>\*</sup> | 35653 | 14799 |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices Inc <sup>\*</sup> | 132676 | 14691 |
| &nbsp;&nbsp;&nbsp; Akamai Technologies Inc <sup>\*</sup> | 12589 | 956 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp, Cl A  | 99198 | 8921 |
| &nbsp;&nbsp;&nbsp; Analog Devices Inc  | 40613 | 8690 |
| &nbsp;&nbsp;&nbsp; ANSYS Inc <sup>\*</sup> | 7198 | 2381 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Apple Inc  | 1230351 | $247116 |
| &nbsp;&nbsp;&nbsp; Applied Materials Inc  | 66497 | 10423 |
| &nbsp;&nbsp;&nbsp; Arista Networks Inc <sup>\*</sup> | 84576 | 7328 |
| &nbsp;&nbsp;&nbsp; Autodesk Inc <sup>\*</sup> | 17569 | 5202 |
| &nbsp;&nbsp;&nbsp; Broadcom Inc  | 383950 | 92943 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems Inc <sup>\*</sup> | 22478 | 6453 |
| &nbsp;&nbsp;&nbsp; CDW Corp/DE  | 10879 | 1962 |
| &nbsp;&nbsp;&nbsp; Cisco Systems Inc  | 326193 | 20563 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp, Cl A  | 40427 | 3274 |
| &nbsp;&nbsp;&nbsp; Corning Inc  | 63036 | 3126 |
| &nbsp;&nbsp;&nbsp; Crowdstrike Holdings Inc, Cl A <sup>\*</sup> | 20200 | 9522 |
| &nbsp;&nbsp;&nbsp; Dell Technologies Inc, Cl C  | 25700 | 2860 |
| &nbsp;&nbsp;&nbsp; Enphase Energy Inc <sup>\*</sup> | 10742 | 445 |
| &nbsp;&nbsp;&nbsp; EPAM Systems Inc <sup>\*</sup> | 4749 | 829 |
| &nbsp;&nbsp;&nbsp; F5 Inc <sup>\*</sup> | 4752 | 1356 |
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp <sup>\*</sup> | 2005 | 3461 |
| &nbsp;&nbsp;&nbsp; First Solar Inc <sup>\*</sup> | 8731 | 1380 |
| &nbsp;&nbsp;&nbsp; Fortinet Inc <sup>\*</sup> | 52108 | 5303 |
| &nbsp;&nbsp;&nbsp; Gartner Inc <sup>\*</sup> | 6301 | 2750 |
| &nbsp;&nbsp;&nbsp; Gen Digital Inc  | 44254 | 1260 |
| &nbsp;&nbsp;&nbsp; GoDaddy Inc, Cl A <sup>\*</sup> | 11500 | 2095 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co  | 108541 | 1876 |
| &nbsp;&nbsp;&nbsp; HP Inc  | 76657 | 1909 |
| &nbsp;&nbsp;&nbsp; Intel Corp  | 354465 | 6930 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp  | 75761 | 19627 |
| &nbsp;&nbsp;&nbsp; Intuit Inc  | 22909 | 17261 |
| &nbsp;&nbsp;&nbsp; Jabil Inc  | 9069 | 1524 |
| &nbsp;&nbsp;&nbsp; Juniper Networks Inc  | 27723 | 996 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies Inc <sup>\*</sup> | 14100 | 2214 |
| &nbsp;&nbsp;&nbsp; KLA Corp  | 10879 | 8234 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp  | 105090 | 8490 |
| &nbsp;&nbsp;&nbsp; Microchip Technology Inc  | 43944 | 2550 |
| &nbsp;&nbsp;&nbsp; Micron Technology Inc  | 91205 | 8615 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp  | 608890 | 280309 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems Inc  | 3957 | 2619 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc  | 13724 | 5701 |
| &nbsp;&nbsp;&nbsp; NetApp Inc  | 16865 | 1672 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp  | 2005880 | 271054 |
| &nbsp;&nbsp;&nbsp; NXP Semiconductors NV  | 20829 | 3981 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp <sup>\*</sup> | 34459 | 1448 |
| &nbsp;&nbsp;&nbsp; Oracle Corp  | 132857 | 21992 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies Inc, Cl A <sup>\*</sup> | 167900 | 22126 |
| &nbsp;&nbsp;&nbsp; Palo Alto Networks Inc <sup>\*</sup> | 54214 | 10432 |
| &nbsp;&nbsp;&nbsp; PTC Inc <sup>\*</sup> | 9846 | 1657 |
| &nbsp;&nbsp;&nbsp; QUALCOMM Inc  | 90522 | 13144 |
| &nbsp;&nbsp;&nbsp; Roper Technologies Inc  | 8728 | 4977 |
| &nbsp;&nbsp;&nbsp; Salesforce Inc  | 78331 | 20787 |
| &nbsp;&nbsp;&nbsp; Seagate Technology Holdings PLC  | 17320 | 2043 |
| &nbsp;&nbsp;&nbsp; ServiceNow Inc <sup>\*</sup> | 16880 | 17067 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions Inc  | 13357 | 922 |
| &nbsp;&nbsp;&nbsp; Super Micro Computer Inc <sup>\*</sup> | 41200 | 1649 |
| &nbsp;&nbsp;&nbsp; Synopsys Inc <sup>\*</sup> | 12616 | 5854 |
| &nbsp;&nbsp;&nbsp; TE Connectivity PLC  | 24403 | 3906 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**S&P 500 Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Teledyne Technologies Inc <sup>\*</sup> | 3783 | $1887 |
| &nbsp;&nbsp;&nbsp; Teradyne Inc  | 13597 | 1069 |
| &nbsp;&nbsp;&nbsp; Texas Instruments Inc  | 74562 | 13634 |
| &nbsp;&nbsp;&nbsp; Trimble Inc <sup>\*</sup> | 20417 | 1455 |
| &nbsp;&nbsp;&nbsp; Tyler Technologies Inc <sup>\*</sup> | 3465 | 1999 |
| &nbsp;&nbsp;&nbsp; VeriSign Inc  | 6704 | 1827 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp <sup>\*</sup> | 28868 | 1488 |
| &nbsp;&nbsp;&nbsp; Workday Inc, Cl A <sup>\*</sup> | 17500 | 4335 |
| &nbsp;&nbsp;&nbsp; Zebra Technologies Corp, Cl A <sup>\*</sup> | 4206 | 1219 |
|  |  | 1298795 |
| **Materials — 1.9%** | **Materials — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; Air Products and Chemicals Inc  | 18219 | 5081 |
| &nbsp;&nbsp;&nbsp; Albemarle Corp  | 9896 | 552 |
| &nbsp;&nbsp;&nbsp; Amcor PLC  | 186711 | 1701 |
| &nbsp;&nbsp;&nbsp; Avery Dennison Corp  | 6663 | 1184 |
| &nbsp;&nbsp;&nbsp; Ball Corp  | 24661 | 1321 |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings Inc  | 14367 | 1303 |
| &nbsp;&nbsp;&nbsp; Corteva Inc  | 56137 | 3975 |
| &nbsp;&nbsp;&nbsp; Dow Inc  | 57499 | 1595 |
| &nbsp;&nbsp;&nbsp; DuPont de Nemours Inc  | 34192 | 2284 |
| &nbsp;&nbsp;&nbsp; Eastman Chemical Co  | 9619 | 754 |
| &nbsp;&nbsp;&nbsp; Ecolab Inc  | 20624 | 5478 |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc, Cl B  | 117559 | 4524 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances Inc  | 20877 | 1598 |
| &nbsp;&nbsp;&nbsp; International Paper Co  | 43075 | 2059 |
| &nbsp;&nbsp;&nbsp; Linde PLC  | 38952 | 18213 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries NV, Cl A  | 21175 | 1196 |
| &nbsp;&nbsp;&nbsp; Martin Marietta Materials Inc  | 4965 | 2719 |
| &nbsp;&nbsp;&nbsp; Mosaic Co/The  | 25930 | 937 |
| &nbsp;&nbsp;&nbsp; Newmont Corp  | 93125 | 4910 |
| &nbsp;&nbsp;&nbsp; Nucor Corp  | 19220 | 2102 |
| &nbsp;&nbsp;&nbsp; Packaging Corp of America  | 7285 | 1407 |
| &nbsp;&nbsp;&nbsp; PPG Industries Inc  | 19002 | 2105 |
| &nbsp;&nbsp;&nbsp; Sherwin-Williams Co/The  | 18971 | 6807 |
| &nbsp;&nbsp;&nbsp; Smurfit WestRock PLC  | 40391 | 1750 |
| &nbsp;&nbsp;&nbsp; Steel Dynamics Inc  | 11519 | 1418 |
| &nbsp;&nbsp;&nbsp; Vulcan Materials Co  | 10769 | 2855 |
|  |  | 79828 |
| **Real Estate — 2.1%** | **Real Estate — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate Equities Inc <sup>‡</sup> | 12854 | 902 |
| &nbsp;&nbsp;&nbsp; American Tower Corp, Cl A <sup>‡</sup> | 38254 | 8211 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities Inc <sup>‡</sup> | 11596 | 2398 |
| &nbsp;&nbsp;&nbsp; BXP Inc <sup>‡</sup> | 12236 | 824 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust <sup>‡</sup> | 8923 | 1048 |
| &nbsp;&nbsp;&nbsp; CBRE Group Inc, Cl A <sup>\*</sup> | 24196 | 3025 |
| &nbsp;&nbsp;&nbsp; CoStar Group Inc <sup>\*</sup> | 34295 | 2523 |
| &nbsp;&nbsp;&nbsp; Crown Castle Inc <sup>‡</sup> | 35593 | 3572 |
| &nbsp;&nbsp;&nbsp; Digital Realty Trust Inc <sup>‡</sup> | 25999 | 4459 |
| &nbsp;&nbsp;&nbsp; Equinix Inc <sup>‡</sup> | 8017 | 7126 |
| &nbsp;&nbsp;&nbsp; Equity Residential <sup>‡</sup> | 27928 | 1959 |
| &nbsp;&nbsp;&nbsp; Essex Property Trust Inc <sup>‡</sup> | 5206 | 1478 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage Inc <sup>‡</sup> | 17317 | 2618 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Federal Realty Investment Trust <sup>‡</sup> | 6447 | $616 |
| &nbsp;&nbsp;&nbsp; Healthpeak Properties Inc <sup>‡</sup> | 57800 | 1006 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts Inc <sup>‡</sup> | 57808 | 895 |
| &nbsp;&nbsp;&nbsp; Invitation Homes Inc <sup>‡</sup> | 46511 | 1567 |
| &nbsp;&nbsp;&nbsp; Iron Mountain Inc <sup>‡</sup> | 23998 | 2369 |
| &nbsp;&nbsp;&nbsp; Kimco Realty Corp <sup>‡</sup> | 56410 | 1199 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities Inc <sup>‡</sup> | 9528 | 1493 |
| &nbsp;&nbsp;&nbsp; Prologis Inc <sup>‡</sup> | 75861 | 8239 |
| &nbsp;&nbsp;&nbsp; Public Storage <sup>‡</sup> | 12942 | 3991 |
| &nbsp;&nbsp;&nbsp; Realty Income Corp <sup>‡</sup> | 71599 | 4054 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp <sup>‡</sup> | 13552 | 978 |
| &nbsp;&nbsp;&nbsp; SBA Communications Corp, Cl A <sup>‡</sup> | 8836 | 2049 |
| &nbsp;&nbsp;&nbsp; Simon Property Group Inc <sup>‡</sup> | 25070 | 4088 |
| &nbsp;&nbsp;&nbsp; UDR Inc <sup>‡</sup> | 24875 | 1031 |
| &nbsp;&nbsp;&nbsp; Ventas Inc <sup>‡</sup> | 35088 | 2255 |
| &nbsp;&nbsp;&nbsp; VICI Properties Inc, Cl A <sup>‡</sup> | 86168 | 2732 |
| &nbsp;&nbsp;&nbsp; Welltower Inc <sup>‡</sup> | 49904 | 7699 |
| &nbsp;&nbsp;&nbsp; Weyerhaeuser Co <sup>‡</sup> | 59298 | 1536 |
|  |  | 87940 |
| **Utilities — 2.4%** | **Utilities — 2.4%** |  |
| &nbsp;&nbsp;&nbsp; AES Corp/The  | 59779 | 603 |
| &nbsp;&nbsp;&nbsp; Alliant Energy Corp  | 20967 | 1305 |
| &nbsp;&nbsp;&nbsp; Ameren Corp  | 22054 | 2137 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co Inc  | 43607 | 4513 |
| &nbsp;&nbsp;&nbsp; American Water Works Co Inc  | 15937 | 2279 |
| &nbsp;&nbsp;&nbsp; Atmos Energy Corp  | 12953 | 2004 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Inc  | 53286 | 1984 |
| &nbsp;&nbsp;&nbsp; CMS Energy Corp  | 24375 | 1712 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison Inc  | 28294 | 2956 |
| &nbsp;&nbsp;&nbsp; Constellation Energy Corp  | 25575 | 7830 |
| &nbsp;&nbsp;&nbsp; Dominion Energy Inc  | 68724 | 3895 |
| &nbsp;&nbsp;&nbsp; DTE Energy Co  | 16900 | 2309 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp  | 63525 | 7478 |
| &nbsp;&nbsp;&nbsp; Edison International  | 31653 | 1761 |
| &nbsp;&nbsp;&nbsp; Entergy Corp  | 35072 | 2921 |
| &nbsp;&nbsp;&nbsp; Evergy Inc  | 18786 | 1248 |
| &nbsp;&nbsp;&nbsp; Eversource Energy  | 30010 | 1945 |
| &nbsp;&nbsp;&nbsp; Exelon Corp  | 82205 | 3602 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp  | 41950 | 1759 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Inc  | 168376 | 11894 |
| &nbsp;&nbsp;&nbsp; NiSource Inc  | 38391 | 1518 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc  | 16585 | 2586 |
| &nbsp;&nbsp;&nbsp; PG&E Corp  | 179468 | 3029 |
| &nbsp;&nbsp;&nbsp; Pinnacle West Capital Corp  | 9495 | 866 |
| &nbsp;&nbsp;&nbsp; PPL Corp  | 60320 | 2096 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group Inc  | 40713 | 3299 |
| &nbsp;&nbsp;&nbsp; Sempra  | 51793 | 4070 |
| &nbsp;&nbsp;&nbsp; Southern Co/The  | 89653 | 8069 |
| &nbsp;&nbsp;&nbsp; Vistra Corp  | 27800 | 4464 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group Inc  | 25975 | 2791 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Xcel Energy Inc  | 46936 | $3290 |
|  |  | 102213 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,261,193) ($ Thousands) |  | 4108810 |
| **CASH EQUIVALENT — 1.6%** | **CASH EQUIVALENT — 1.6%** | **CASH EQUIVALENT — 1.6%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 67039753 | 67040 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $67,040) ($ Thousands) |  | 67040 |
| Total Investments in Securities — 100.0% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,328,233) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $1,328,233) ($ Thousands)  | $4175850 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; S&P 500 Index E-MINI | 237 | Jun-2025 | $65987 | $70105 | $4118 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $4,177,021 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| <sup>†</sup><sup>†</sup> | Narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 4108810 |  |  | 4108810 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 67040 |  |  | 67040 |
|  Total Investments in Securities | 4175850 |  |  | 4175850 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 4118 |  |  | 4118 |
| Total Other Financial Instruments | 4118 |  |  | 4118 |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**S&P 500 Index Fund** (Concluded)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $50967 | $618504 | $(602431) | $— | $— | $67040 | $3605 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 98.5%** | **COMMON STOCK — 98.5%** | **COMMON STOCK — 98.5%** |
| **Communication Services — 5.1%** | **Communication Services — 5.1%** |  |
| &nbsp;&nbsp;&nbsp; Advantage Solutions Inc <sup>\*</sup> | 18900 | $23 |
| &nbsp;&nbsp;&nbsp; AMC Entertainment Holdings Inc, Cl A <sup>\*</sup> | 59593 | 212 |
| &nbsp;&nbsp;&nbsp; AMC Networks Inc, Cl A <sup>\*</sup> | 6660 | 44 |
| &nbsp;&nbsp;&nbsp; Angi Inc, Cl A <sup>\*</sup> | 6341 | 99 |
| &nbsp;&nbsp;&nbsp; Anterix Inc <sup>\*</sup> | 1400 | 37 |
| &nbsp;&nbsp;&nbsp; AST SpaceMobile Inc, Cl A <sup>\*</sup> | 20900 | 482 |
| &nbsp;&nbsp;&nbsp; Atlanta Braves Holdings Inc, Cl A <sup>\*</sup> | 1803 | 78 |
| &nbsp;&nbsp;&nbsp; Atlanta Braves Holdings Inc, Cl C <sup>\*</sup> | 8905 | 362 |
| &nbsp;&nbsp;&nbsp; ATN International Inc  | 2267 | 32 |
| &nbsp;&nbsp;&nbsp; Bandwidth Inc, Cl A <sup>\*</sup> | 5000 | 70 |
| &nbsp;&nbsp;&nbsp; Boston Omaha Corp, Cl A <sup>\*</sup> | 4300 | 63 |
| &nbsp;&nbsp;&nbsp; Bumble Inc, Cl A <sup>\*</sup> | 18100 | 102 |
| &nbsp;&nbsp;&nbsp; Cable One Inc  | 900 | 132 |
| &nbsp;&nbsp;&nbsp; Cardlytics Inc <sup>\*</sup> | 7100 | 13 |
| &nbsp;&nbsp;&nbsp; Cargurus Inc, Cl A <sup>\*</sup> | 15100 | 473 |
| &nbsp;&nbsp;&nbsp; Cars.com Inc <sup>\*</sup> | 10800 | 111 |
| &nbsp;&nbsp;&nbsp; Cinemark Holdings Inc <sup>\*</sup> | 16640 | 562 |
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings Inc, Cl A <sup>\*</sup> | 29100 | 31 |
| &nbsp;&nbsp;&nbsp; Cogent Communications Holdings Inc  | 7004 | 320 |
| &nbsp;&nbsp;&nbsp; DoubleVerify Holdings Inc <sup>\*</sup> | 24800 | 341 |
| &nbsp;&nbsp;&nbsp; EchoStar Corp, Cl A <sup>\*</sup> | 19388 | 344 |
| &nbsp;&nbsp;&nbsp; Entravision Communications Corp, Cl A  | 14200 | 29 |
| &nbsp;&nbsp;&nbsp; Eventbrite Inc, Cl A <sup>\*</sup> | 16900 | 40 |
| &nbsp;&nbsp;&nbsp; EverQuote Inc, Cl A <sup>\*</sup> | 4400 | 101 |
| &nbsp;&nbsp;&nbsp; EW Scripps Co/The, Cl A <sup>\*</sup> | 13896 | 31 |
| &nbsp;&nbsp;&nbsp; Frontier Communications Parent Inc <sup>\*</sup> | 39600 | 1435 |
| &nbsp;&nbsp;&nbsp; fuboTV Inc <sup>\*</sup> | 64800 | 237 |
| &nbsp;&nbsp;&nbsp; Gannett Co Inc <sup>\*</sup> | 14387 | 51 |
| &nbsp;&nbsp;&nbsp; GCI Liberty - Escrow <sup>\*</sup> | 23647 |  |
| &nbsp;&nbsp;&nbsp; Getty Images Holdings Inc <sup>\*</sup> | 16500 | 29 |
| &nbsp;&nbsp;&nbsp; Globalstar Inc <sup>\*</sup> | 6127 | 113 |
| &nbsp;&nbsp;&nbsp; Gogo Inc <sup>\*</sup> | 8900 | 94 |
| &nbsp;&nbsp;&nbsp; Gray Television Inc  | 19500 | 77 |
| &nbsp;&nbsp;&nbsp; Grindr Inc <sup>\*</sup> | 4000 | 98 |
| &nbsp;&nbsp;&nbsp; IAC Inc <sup>\*</sup> | 12076 | 434 |
| &nbsp;&nbsp;&nbsp; Ibotta Inc, Cl A <sup>\*</sup> | 2600 | 130 |
| &nbsp;&nbsp;&nbsp; IDT Corp, Cl B  | 2500 | 154 |
| &nbsp;&nbsp;&nbsp; iHeartMedia Inc, Cl A <sup>\*</sup> | 24700 | 32 |
| &nbsp;&nbsp;&nbsp; IMAX Corp <sup>\*</sup> | 7000 | 195 |
| &nbsp;&nbsp;&nbsp; Integral Ad Science Holding Corp <sup>\*</sup> | 7600 | 62 |
| &nbsp;&nbsp;&nbsp; Iridium Communications Inc  | 19446 | 494 |
| &nbsp;&nbsp;&nbsp; John Wiley & Sons Inc, Cl A  | 6672 | 261 |
| &nbsp;&nbsp;&nbsp; Liberty Broadband Corp, Cl A <sup>\*</sup> | 2983 | 277 |
| &nbsp;&nbsp;&nbsp; Liberty Broadband Corp, Cl C <sup>\*</sup> | 17814 | 1671 |
| &nbsp;&nbsp;&nbsp; Liberty Global Ltd, Cl A <sup>\*</sup> | 27500 | 265 |
| &nbsp;&nbsp;&nbsp; Liberty Global PLC <sup>\*</sup> | 22800 | 225 |
| &nbsp;&nbsp;&nbsp; Liberty Latin America Ltd, Cl A <sup>\*</sup> | 8300 | 41 |
| &nbsp;&nbsp;&nbsp; Liberty Latin America Ltd, Cl C <sup>\*</sup> | 19562 | 98 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Formula One, Cl A <sup>\*</sup> | 3908 | 344 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Formula One, Cl C <sup>\*</sup> | 33742 | 3257 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Live, Cl A <sup>\*</sup> | 3509 | $252 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Live, Cl C <sup>\*</sup> | 7499 | 547 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies Inc <sup>\*</sup> | 164100 | 643 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Entertainment Corp, Cl A <sup>\*</sup> | 5811 | 216 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Sports Corp, Cl A <sup>\*</sup> | 2979 | 566 |
| &nbsp;&nbsp;&nbsp; Magnite Inc <sup>\*</sup> | 20638 | 338 |
| &nbsp;&nbsp;&nbsp; Marcus Corp/The  | 5161 | 95 |
| &nbsp;&nbsp;&nbsp; MediaAlpha Inc, Cl A <sup>\*</sup> | 3537 | 36 |
| &nbsp;&nbsp;&nbsp; National CineMedia Inc <sup>\*</sup> | 11700 | 64 |
| &nbsp;&nbsp;&nbsp; New York Times Co/The, Cl A  | 25482 | 1456 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group Inc, Cl A  | 4644 | 791 |
| &nbsp;&nbsp;&nbsp; Nextdoor Holdings Inc <sup>\*</sup> | 29000 | 44 |
| &nbsp;&nbsp;&nbsp; Outbrain Inc <sup>\*</sup> | 5800 | 15 |
| &nbsp;&nbsp;&nbsp; Pinterest Inc, Cl A <sup>\*</sup> | 96311 | 2996 |
| &nbsp;&nbsp;&nbsp; Playstudios Inc <sup>\*</sup> | 21200 | 28 |
| &nbsp;&nbsp;&nbsp; Playtika Holding Corp  | 11625 | 55 |
| &nbsp;&nbsp;&nbsp; PubMatic Inc, Cl A <sup>\*</sup> | 7100 | 83 |
| &nbsp;&nbsp;&nbsp; QuinStreet Inc <sup>\*</sup> | 10886 | 166 |
| &nbsp;&nbsp;&nbsp; Reservoir Media Inc <sup>\*</sup> | 4100 | 32 |
| &nbsp;&nbsp;&nbsp; ROBLOX Corp, Cl A <sup>\*</sup> | 84900 | 7385 |
| &nbsp;&nbsp;&nbsp; Roku Inc, Cl A <sup>\*</sup> | 19548 | 1416 |
| &nbsp;&nbsp;&nbsp; Scholastic Corp  | 4367 | 75 |
| &nbsp;&nbsp;&nbsp; Shenandoah Telecommunications Co <sup>\*</sup> | 5704 | 72 |
| &nbsp;&nbsp;&nbsp; Shutterstock Inc  | 2997 | 55 |
| &nbsp;&nbsp;&nbsp; Sinclair Inc  | 4111 | 58 |
| &nbsp;&nbsp;&nbsp; Sirius XM Holdings Inc  | 35554 | 771 |
| &nbsp;&nbsp;&nbsp; Sphere Entertainment Co <sup>\*</sup> | 4611 | 174 |
| &nbsp;&nbsp;&nbsp; Spok Holdings Inc  | 1500 | 24 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA <sup>\*</sup> | 23703 | 15766 |
| &nbsp;&nbsp;&nbsp; Stagwell Inc, Cl A <sup>\*</sup> | 13400 | 60 |
| &nbsp;&nbsp;&nbsp; Starz Entertainment Corp <sup>\*</sup> | 2614 | 55 |
| &nbsp;&nbsp;&nbsp; TEGNA Inc  | 27800 | 465 |
| &nbsp;&nbsp;&nbsp; Telephone and Data Systems Inc  | 15855 | 545 |
| &nbsp;&nbsp;&nbsp; Thryv Holdings Inc <sup>\*</sup> | 6500 | 87 |
| &nbsp;&nbsp;&nbsp; Toro Combineco Inc <sup>\*</sup> | 4200 | 34 |
| &nbsp;&nbsp;&nbsp; Trade Desk Inc/The, Cl A <sup>\*</sup> | 72300 | 5438 |
| &nbsp;&nbsp;&nbsp; TripAdvisor Inc <sup>\*</sup> | 17100 | 244 |
| &nbsp;&nbsp;&nbsp; TrueCar Inc <sup>\*</sup> | 22900 | 33 |
| &nbsp;&nbsp;&nbsp; Trump Media & Technology Group Corp <sup>\*</sup> | 11800 | 252 |
| &nbsp;&nbsp;&nbsp; Vimeo Inc <sup>\*</sup> | 24346 | 106 |
| &nbsp;&nbsp;&nbsp; Vivid Seats Inc, Cl A <sup>\*</sup> | 5600 | 9 |
| &nbsp;&nbsp;&nbsp; WideOpenWest Inc <sup>\*</sup> | 11700 | 49 |
| &nbsp;&nbsp;&nbsp; Yelp Inc, Cl A <sup>\*</sup> | 10398 | 397 |
| &nbsp;&nbsp;&nbsp; Ziff Davis Inc <sup>\*</sup> | 7357 | 239 |
| &nbsp;&nbsp;&nbsp; ZipRecruiter Inc, Cl A <sup>\*</sup> | 15100 | 90 |
| &nbsp;&nbsp;&nbsp; ZoomInfo Technologies Inc, Cl A <sup>\*</sup> | 49500 | 473 |
|  |  | 57001 |
| **Consumer Discretionary — 10.4%** | **Consumer Discretionary — 10.4%** |  |
| &nbsp;&nbsp;&nbsp; 1-800-Flowers.com Inc, Cl A <sup>\*</sup> | 5400 | 27 |
| &nbsp;&nbsp;&nbsp; Abercrombie & Fitch Co, Cl A <sup>\*</sup> | 8400 | 659 |
| &nbsp;&nbsp;&nbsp; Academy Sports & Outdoors Inc  | 10100 | 413 |
| &nbsp;&nbsp;&nbsp; Accel Entertainment Inc, Cl A <sup>\*</sup> | 11500 | 129 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Acushnet Holdings Corp  | 4800 | $328 |
| &nbsp;&nbsp;&nbsp; Adient PLC <sup>\*</sup> | 13900 | 217 |
| &nbsp;&nbsp;&nbsp; ADT Inc  | 64261 | 535 |
| &nbsp;&nbsp;&nbsp; Adtalem Global Education Inc <sup>\*</sup> | 5881 | 776 |
| &nbsp;&nbsp;&nbsp; Advance Auto Parts Inc  | 9600 | 460 |
| &nbsp;&nbsp;&nbsp; A-Mark Precious Metals Inc  | 2000 | 39 |
| &nbsp;&nbsp;&nbsp; Amer Sports Inc <sup>\*</sup> | 9100 | 331 |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing Holdings Inc <sup>\*</sup> | 23398 | 103 |
| &nbsp;&nbsp;&nbsp; American Eagle Outfitters Inc  | 31422 | 344 |
| &nbsp;&nbsp;&nbsp; American Public Education Inc <sup>\*</sup> | 2600 | 77 |
| &nbsp;&nbsp;&nbsp; America's Car-Mart Inc/TX <sup>\*</sup> | 1250 | 62 |
| &nbsp;&nbsp;&nbsp; AMMO Inc <sup>\*</sup> | 17700 | 26 |
| &nbsp;&nbsp;&nbsp; Aramark  | 42200 | 1709 |
| &nbsp;&nbsp;&nbsp; Arhaus Inc, Cl A <sup>\*</sup> | 8400 | 75 |
| &nbsp;&nbsp;&nbsp; Arko Corp  | 14200 | 61 |
| &nbsp;&nbsp;&nbsp; Asbury Automotive Group Inc <sup>\*</sup> | 3098 | 706 |
| &nbsp;&nbsp;&nbsp; AutoNation Inc <sup>\*</sup> | 4000 | 735 |
| &nbsp;&nbsp;&nbsp; BARK Inc <sup>\*</sup> | 26200 | 34 |
| &nbsp;&nbsp;&nbsp; Bath & Body Works Inc  | 34700 | 976 |
| &nbsp;&nbsp;&nbsp; Beazer Homes USA Inc <sup>\*</sup> | 3461 | 71 |
| &nbsp;&nbsp;&nbsp; Beyond Inc <sup>\*</sup> | 7300 | 47 |
| &nbsp;&nbsp;&nbsp; Biglari Holdings Inc, Cl B <sup>\*</sup> | 182 | 45 |
| &nbsp;&nbsp;&nbsp; Birkenstock Holding PLC <sup>\*</sup> | 5700 | 307 |
| &nbsp;&nbsp;&nbsp; BJ's Restaurants Inc <sup>\*</sup> | 3142 | 140 |
| &nbsp;&nbsp;&nbsp; Bloomin' Brands Inc  | 12950 | 99 |
| &nbsp;&nbsp;&nbsp; Boot Barn Holdings Inc <sup>\*</sup> | 5000 | 802 |
| &nbsp;&nbsp;&nbsp; BorgWarner Inc  | 35700 | 1181 |
| &nbsp;&nbsp;&nbsp; Boyd Gaming Corp  | 10745 | 806 |
| &nbsp;&nbsp;&nbsp; Bright Horizons Family Solutions Inc <sup>\*</sup> | 9135 | 1180 |
| &nbsp;&nbsp;&nbsp; Brinker International Inc <sup>\*</sup> | 7282 | 1257 |
| &nbsp;&nbsp;&nbsp; Brunswick Corp/DE  | 10583 | 536 |
| &nbsp;&nbsp;&nbsp; Buckle Inc/The  | 5051 | 215 |
| &nbsp;&nbsp;&nbsp; Build-A-Bear Workshop Inc, Cl A  | 2500 | 128 |
| &nbsp;&nbsp;&nbsp; Burlington Stores Inc <sup>\*</sup> | 10400 | 2374 |
| &nbsp;&nbsp;&nbsp; Caleres Inc  | 5576 | 75 |
| &nbsp;&nbsp;&nbsp; Camping World Holdings Inc, Cl A  | 11300 | 184 |
| &nbsp;&nbsp;&nbsp; Capri Holdings Ltd <sup>\*</sup> | 18600 | 337 |
| &nbsp;&nbsp;&nbsp; Carriage Services Inc, Cl A  | 3206 | 139 |
| &nbsp;&nbsp;&nbsp; Carter's Inc  | 5770 | 181 |
| &nbsp;&nbsp;&nbsp; Carvana Co, Cl A <sup>\*</sup> | 17500 | 5725 |
| &nbsp;&nbsp;&nbsp; Cava Group Inc <sup>\*</sup> | 11600 | 943 |
| &nbsp;&nbsp;&nbsp; Cavco Industries Inc <sup>\*</sup> | 1231 | 534 |
| &nbsp;&nbsp;&nbsp; Century Communities Inc  | 4400 | 228 |
| &nbsp;&nbsp;&nbsp; Champion Homes Inc <sup>\*</sup> | 8500 | 556 |
| &nbsp;&nbsp;&nbsp; Cheesecake Factory Inc/The  | 7223 | 398 |
| &nbsp;&nbsp;&nbsp; Chegg Inc <sup>\*</sup> | 26010 | 27 |
| &nbsp;&nbsp;&nbsp; Choice Hotels International Inc  | 4477 | 567 |
| &nbsp;&nbsp;&nbsp; Churchill Downs Inc <sup>\*</sup> | 11062 | 1056 |
| &nbsp;&nbsp;&nbsp; Clarus Corp  | 6221 | 20 |
| &nbsp;&nbsp;&nbsp; Columbia Sportswear Co  | 5344 | 341 |
| &nbsp;&nbsp;&nbsp; Cooper-Standard Holdings Inc <sup>\*</sup> | 1400 | 32 |
| &nbsp;&nbsp;&nbsp; Coupang Inc, Cl A <sup>\*</sup> | 187700 | 5265 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Coursera Inc <sup>\*</sup> | 19900 | $176 |
| &nbsp;&nbsp;&nbsp; Cracker Barrel Old Country Store Inc  | 3244 | 186 |
| &nbsp;&nbsp;&nbsp; Cricut Inc, Cl A  | 9500 | 58 |
| &nbsp;&nbsp;&nbsp; Crocs Inc <sup>\*</sup> | 9103 | 929 |
| &nbsp;&nbsp;&nbsp; Dana Inc  | 21498 | 358 |
| &nbsp;&nbsp;&nbsp; Dave & Buster's Entertainment Inc <sup>\*</sup> | 3800 | 83 |
| &nbsp;&nbsp;&nbsp; Denny's Corp <sup>\*</sup> | 6363 | 24 |
| &nbsp;&nbsp;&nbsp; Designer Brands Inc, Cl A  | 6492 | 23 |
| &nbsp;&nbsp;&nbsp; Destination XL Group Inc <sup>\*</sup> | 13400 | 15 |
| &nbsp;&nbsp;&nbsp; Dick's Sporting Goods Inc  | 8735 | 1567 |
| &nbsp;&nbsp;&nbsp; Dillard's Inc, Cl A  | 462 | 183 |
| &nbsp;&nbsp;&nbsp; Dine Brands Global Inc  | 2572 | 62 |
| &nbsp;&nbsp;&nbsp; Dorman Products Inc <sup>\*</sup> | 4140 | 535 |
| &nbsp;&nbsp;&nbsp; DraftKings Inc, Cl A <sup>\*</sup> | 72882 | 2615 |
| &nbsp;&nbsp;&nbsp; Dream Finders Homes Inc, Cl A <sup>\*</sup> | 4700 | 98 |
| &nbsp;&nbsp;&nbsp; Duolingo Inc, Cl A <sup>\*</sup> | 6100 | 3170 |
| &nbsp;&nbsp;&nbsp; Dutch Bros Inc, Cl A <sup>\*</sup> | 17300 | 1249 |
| &nbsp;&nbsp;&nbsp; El Pollo Loco Holdings Inc <sup>\*</sup> | 3900 | 41 |
| &nbsp;&nbsp;&nbsp; Ethan Allen Interiors Inc  | 4276 | 112 |
| &nbsp;&nbsp;&nbsp; Etsy Inc <sup>\*</sup> | 18800 | 1041 |
| &nbsp;&nbsp;&nbsp; European Wax Center Inc, Cl A <sup>\*</sup> | 8000 | 41 |
| &nbsp;&nbsp;&nbsp; Everi Holdings Inc <sup>\*</sup> | 14100 | 199 |
| &nbsp;&nbsp;&nbsp; EVgo Inc, Cl A <sup>\*</sup> | 17700 | 70 |
| &nbsp;&nbsp;&nbsp; Figs Inc, Cl A <sup>\*</sup> | 24600 | 107 |
| &nbsp;&nbsp;&nbsp; First Watch Restaurant Group Inc <sup>\*</sup> | 5700 | 88 |
| &nbsp;&nbsp;&nbsp; Five Below Inc <sup>\*</sup> | 8705 | 1015 |
| &nbsp;&nbsp;&nbsp; Floor & Decor Holdings Inc, Cl A <sup>\*</sup> | 17000 | 1219 |
| &nbsp;&nbsp;&nbsp; Foot Locker Inc <sup>\*</sup> | 11400 | 271 |
| &nbsp;&nbsp;&nbsp; Fox Factory Holding Corp <sup>\*</sup> | 5700 | 146 |
| &nbsp;&nbsp;&nbsp; Frontdoor Inc <sup>\*</sup> | 11850 | 652 |
| &nbsp;&nbsp;&nbsp; Full House Resorts Inc <sup>\*</sup> | 7000 | 22 |
| &nbsp;&nbsp;&nbsp; Funko Inc, Cl A <sup>\*</sup> | 6000 | 25 |
| &nbsp;&nbsp;&nbsp; GameStop Corp, Cl A <sup>\*</sup> | 63300 | 1886 |
| &nbsp;&nbsp;&nbsp; Gap Inc/The  | 30700 | 685 |
| &nbsp;&nbsp;&nbsp; Genesco Inc <sup>\*</sup> | 2169 | 47 |
| &nbsp;&nbsp;&nbsp; Gentex Corp  | 35590 | 768 |
| &nbsp;&nbsp;&nbsp; Gentherm Inc <sup>\*</sup> | 4248 | 116 |
| &nbsp;&nbsp;&nbsp; GigaCloud Technology Inc, Cl A <sup>\*</sup> | 3900 | 68 |
| &nbsp;&nbsp;&nbsp; G-III Apparel Group Ltd <sup>\*</sup> | 5906 | 172 |
| &nbsp;&nbsp;&nbsp; Global Business Travel Group I <sup>\*</sup> | 20600 | 129 |
| &nbsp;&nbsp;&nbsp; Golden Entertainment Inc  | 4131 | 118 |
| &nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co/The <sup>\*</sup> | 44868 | 512 |
| &nbsp;&nbsp;&nbsp; GoPro Inc, Cl A <sup>\*</sup> | 29300 | 19 |
| &nbsp;&nbsp;&nbsp; Graham Holdings Co, Cl B  | 500 | 477 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education Inc <sup>\*</sup> | 4615 | 913 |
| &nbsp;&nbsp;&nbsp; Green Brick Partners Inc <sup>\*</sup> | 5100 | 298 |
| &nbsp;&nbsp;&nbsp; Group 1 Automotive Inc  | 2135 | 905 |
| &nbsp;&nbsp;&nbsp; Groupon Inc, Cl A <sup>\*</sup> | 3800 | 111 |
| &nbsp;&nbsp;&nbsp; GrowGeneration Corp <sup>\*</sup> | 12100 | 13 |
| &nbsp;&nbsp;&nbsp; H&R Block Inc  | 22000 | 1253 |
| &nbsp;&nbsp;&nbsp; Hanesbrands Inc <sup>\*</sup> | 58200 | 288 |
| &nbsp;&nbsp;&nbsp; Harley-Davidson Inc  | 18200 | 441 |
| &nbsp;&nbsp;&nbsp; Haverty Furniture Cos Inc  | 1563 | 33 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Helen of Troy Ltd <sup>\*</sup> | 3348 | $90 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations Inc <sup>\*</sup> | 10070 | 384 |
| &nbsp;&nbsp;&nbsp; Holley Inc <sup>\*</sup> | 13400 | 26 |
| &nbsp;&nbsp;&nbsp; Hooker Furnishings Corp  | 3700 | 36 |
| &nbsp;&nbsp;&nbsp; Hovnanian Enterprises Inc, Cl A <sup>\*</sup> | 600 | 54 |
| &nbsp;&nbsp;&nbsp; Hyatt Hotels Corp, Cl A  | 6427 | 849 |
| &nbsp;&nbsp;&nbsp; Inspired Entertainment Inc <sup>\*</sup> | 2000 | 16 |
| &nbsp;&nbsp;&nbsp; Installed Building Products Inc  | 4000 | 638 |
| &nbsp;&nbsp;&nbsp; International Game Technology PLC  | 17100 | 252 |
| &nbsp;&nbsp;&nbsp; iRobot Corp <sup>\*</sup> | 6202 | 19 |
| &nbsp;&nbsp;&nbsp; Jack in the Box Inc  | 2221 | 42 |
| &nbsp;&nbsp;&nbsp; Johnson Outdoors Inc, Cl A  | 1400 | 38 |
| &nbsp;&nbsp;&nbsp; KB Home  | 10185 | 525 |
| &nbsp;&nbsp;&nbsp; KinderCare Learning Cos Inc <sup>\*</sup> | 5400 | 66 |
| &nbsp;&nbsp;&nbsp; Kohl's Corp  | 17700 | 144 |
| &nbsp;&nbsp;&nbsp; Kontoor Brands Inc  | 9200 | 631 |
| &nbsp;&nbsp;&nbsp; Krispy Kreme Inc  | 14400 | 42 |
| &nbsp;&nbsp;&nbsp; Kura Sushi USA Inc, Cl A <sup>\*</sup> | 800 | 53 |
| &nbsp;&nbsp;&nbsp; Lands' End Inc <sup>\*</sup> | 2862 | 24 |
| &nbsp;&nbsp;&nbsp; Landsea Homes Corp <sup>\*</sup> | 1300 | 15 |
| &nbsp;&nbsp;&nbsp; Latham Group Inc <sup>\*</sup> | 7300 | 41 |
| &nbsp;&nbsp;&nbsp; Laureate Education Inc, Cl A <sup>\*</sup> | 22600 | 509 |
| &nbsp;&nbsp;&nbsp; La-Z-Boy Inc  | 7026 | 294 |
| &nbsp;&nbsp;&nbsp; LCI Industries  | 3949 | 344 |
| &nbsp;&nbsp;&nbsp; Lear Corp  | 8771 | 793 |
| &nbsp;&nbsp;&nbsp; Legacy Housing Corp <sup>\*</sup> | 1400 | 31 |
| &nbsp;&nbsp;&nbsp; Leggett & Platt Inc  | 21000 | 190 |
| &nbsp;&nbsp;&nbsp; Leslie's Inc <sup>\*</sup> | 29056 | 22 |
| &nbsp;&nbsp;&nbsp; LGI Homes Inc <sup>\*</sup> | 3200 | 160 |
| &nbsp;&nbsp;&nbsp; Life Time Group Holdings Inc <sup>\*</sup> | 13000 | 372 |
| &nbsp;&nbsp;&nbsp; Light & Wonder Inc, Cl A <sup>\*</sup> | 13562 | 1222 |
| &nbsp;&nbsp;&nbsp; Lincoln Educational Services Corp <sup>\*</sup> | 4300 | 102 |
| &nbsp;&nbsp;&nbsp; Lindblad Expeditions Holdings Inc <sup>\*</sup> | 6900 | 72 |
| &nbsp;&nbsp;&nbsp; Lithia Motors Inc, Cl A  | 4333 | 1373 |
| &nbsp;&nbsp;&nbsp; Lovesac Co/The <sup>\*</sup> | 2900 | 56 |
| &nbsp;&nbsp;&nbsp; Lucid Group Inc <sup>\*</sup> | 170400 | 380 |
| &nbsp;&nbsp;&nbsp; Luminar Technologies Inc, Cl A <sup>\*</sup> | 3726 | 13 |
| &nbsp;&nbsp;&nbsp; M/I Homes Inc <sup>\*</sup> | 4494 | 479 |
| &nbsp;&nbsp;&nbsp; Macy's Inc  | 44100 | 524 |
| &nbsp;&nbsp;&nbsp; Malibu Boats Inc, Cl A <sup>\*</sup> | 2100 | 63 |
| &nbsp;&nbsp;&nbsp; Marine Products Corp  | 1800 | 15 |
| &nbsp;&nbsp;&nbsp; MarineMax Inc <sup>\*</sup> | 3561 | 75 |
| &nbsp;&nbsp;&nbsp; Marriott Vacations Worldwide Corp  | 5472 | 360 |
| &nbsp;&nbsp;&nbsp; MasterCraft Boat Holdings Inc <sup>\*</sup> | 2100 | 36 |
| &nbsp;&nbsp;&nbsp; Mattel Inc <sup>\*</sup> | 51700 | 979 |
| &nbsp;&nbsp;&nbsp; Matthews International Corp, Cl A  | 3213 | 69 |
| &nbsp;&nbsp;&nbsp; Meritage Homes Corp  | 11422 | 727 |
| &nbsp;&nbsp;&nbsp; Mister Car Wash Inc <sup>\*</sup> | 16500 | 117 |
| &nbsp;&nbsp;&nbsp; Modine Manufacturing Co <sup>\*</sup> | 7774 | 706 |
| &nbsp;&nbsp;&nbsp; Monarch Casino & Resort Inc  | 1600 | 134 |
| &nbsp;&nbsp;&nbsp; Monro Inc  | 2928 | 45 |
| &nbsp;&nbsp;&nbsp; Movado Group Inc  | 3520 | 57 |
| &nbsp;&nbsp;&nbsp; Murphy USA Inc  | 3000 | 1280 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Nathan's Famous Inc  | 700 | $75 |
| &nbsp;&nbsp;&nbsp; National Vision Holdings Inc <sup>\*</sup> | 11700 | 232 |
| &nbsp;&nbsp;&nbsp; Newell Brands Inc  | 69500 | 368 |
| &nbsp;&nbsp;&nbsp; ODP Corp/The <sup>\*</sup> | 4912 | 81 |
| &nbsp;&nbsp;&nbsp; Ollie's Bargain Outlet Holdings Inc <sup>\*</sup> | 9900 | 1103 |
| &nbsp;&nbsp;&nbsp; ONE Group Hospitality Inc/The <sup>\*</sup> | 4200 | 14 |
| &nbsp;&nbsp;&nbsp; OneSpaWorld Holdings Ltd  | 16500 | 311 |
| &nbsp;&nbsp;&nbsp; OneWater Marine Inc, Cl A <sup>\*</sup> | 2200 | 32 |
| &nbsp;&nbsp;&nbsp; Oxford Industries Inc  | 2654 | 142 |
| &nbsp;&nbsp;&nbsp; Papa John's International Inc  | 5842 | 264 |
| &nbsp;&nbsp;&nbsp; Patrick Industries Inc  | 5587 | 480 |
| &nbsp;&nbsp;&nbsp; Peloton Interactive Inc, Cl A <sup>\*</sup> | 54535 | 387 |
| &nbsp;&nbsp;&nbsp; Penn Entertainment Inc <sup>\*</sup> | 24500 | 363 |
| &nbsp;&nbsp;&nbsp; Penske Automotive Group Inc  | 2788 | 458 |
| &nbsp;&nbsp;&nbsp; Perdoceo Education Corp  | 11054 | 376 |
| &nbsp;&nbsp;&nbsp; Petco Health & Wellness Co Inc, Cl A <sup>\*</sup> | 19300 | 71 |
| &nbsp;&nbsp;&nbsp; Phinia Inc  | 6800 | 295 |
| &nbsp;&nbsp;&nbsp; Planet Fitness Inc, Cl A <sup>\*</sup> | 13000 | 1337 |
| &nbsp;&nbsp;&nbsp; PlayAGS Inc <sup>\*</sup> | 8800 | 108 |
| &nbsp;&nbsp;&nbsp; Polaris Inc  | 8207 | 322 |
| &nbsp;&nbsp;&nbsp; Portillo's Inc, Cl A <sup>\*</sup> | 10200 | 122 |
| &nbsp;&nbsp;&nbsp; Potbelly Corp <sup>\*</sup> | 1200 | 13 |
| &nbsp;&nbsp;&nbsp; Purple Innovation Inc, Cl A <sup>\*</sup> | 10765 | 9 |
| &nbsp;&nbsp;&nbsp; PVH Corp  | 9300 | 779 |
| &nbsp;&nbsp;&nbsp; QuantumScape Corp, Cl A <sup>\*</sup> | 52400 | 210 |
| &nbsp;&nbsp;&nbsp; RCI Hospitality Holdings Inc  | 1400 | 56 |
| &nbsp;&nbsp;&nbsp; RealReal Inc/The <sup>\*</sup> | 16100 | 91 |
| &nbsp;&nbsp;&nbsp; Red Rock Resorts Inc, Cl A  | 7600 | 365 |
| &nbsp;&nbsp;&nbsp; Revolve Group Inc, Cl A <sup>\*</sup> | 4600 | 95 |
| &nbsp;&nbsp;&nbsp; RH <sup>\*</sup> | 2511 | 455 |
| &nbsp;&nbsp;&nbsp; Rivian Automotive Inc, Cl A <sup>\*</sup> | 136100 | 1978 |
| &nbsp;&nbsp;&nbsp; Rocky Brands Inc  | 1600 | 36 |
| &nbsp;&nbsp;&nbsp; Rush Street Interactive Inc <sup>\*</sup> | 13600 | 173 |
| &nbsp;&nbsp;&nbsp; Sabre Corp <sup>\*</sup> | 55600 | 140 |
| &nbsp;&nbsp;&nbsp; Sally Beauty Holdings Inc <sup>\*</sup> | 12091 | 105 |
| &nbsp;&nbsp;&nbsp; Savers Value Village Inc <sup>\*</sup> | 6200 | 62 |
| &nbsp;&nbsp;&nbsp; Service Corp International/US  | 22489 | 1754 |
| &nbsp;&nbsp;&nbsp; Shake Shack Inc, Cl A <sup>\*</sup> | 6100 | 792 |
| &nbsp;&nbsp;&nbsp; SharkNinja Inc <sup>\*</sup> | 10100 | 928 |
| &nbsp;&nbsp;&nbsp; Shoe Carnival Inc  | 1852 | 36 |
| &nbsp;&nbsp;&nbsp; Signet Jewelers Ltd  | 6200 | 413 |
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp  | 14793 | 496 |
| &nbsp;&nbsp;&nbsp; Skechers USA Inc, Cl A <sup>\*</sup> | 20846 | 1293 |
| &nbsp;&nbsp;&nbsp; Sleep Number Corp <sup>\*</sup> | 5009 | 54 |
| &nbsp;&nbsp;&nbsp; Smith & Wesson Brands Inc  | 6283 | 60 |
| &nbsp;&nbsp;&nbsp; Solid Power Inc <sup>\*</sup> | 28800 | 45 |
| &nbsp;&nbsp;&nbsp; Sonic Automotive Inc, Cl A  | 2364 | 165 |
| &nbsp;&nbsp;&nbsp; Sonos Inc <sup>\*</sup> | 18300 | 188 |
| &nbsp;&nbsp;&nbsp; Standard Motor Products Inc  | 2366 | 72 |
| &nbsp;&nbsp;&nbsp; Steven Madden Ltd  | 10051 | 248 |
| &nbsp;&nbsp;&nbsp; Stitch Fix Inc, Cl A <sup>\*</sup> | 17800 | 79 |
| &nbsp;&nbsp;&nbsp; Stoneridge Inc <sup>\*</sup> | 5930 | 30 |
| &nbsp;&nbsp;&nbsp; Strategic Education Inc  | 3687 | 336 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Stride Inc <sup>\*</sup> | 6688 | $1012 |
| &nbsp;&nbsp;&nbsp; Sturm Ruger & Co Inc  | 1742 | 63 |
| &nbsp;&nbsp;&nbsp; Super Group SGHC Ltd  | 27000 | 236 |
| &nbsp;&nbsp;&nbsp; Superior Group of Cos Inc  | 2100 | 21 |
| &nbsp;&nbsp;&nbsp; Sweetgreen Inc, Cl A <sup>\*</sup> | 17000 | 228 |
| &nbsp;&nbsp;&nbsp; Target Hospitality Corp <sup>\*</sup> | 6100 | 45 |
| &nbsp;&nbsp;&nbsp; Taylor Morrison Home Corp, Cl A <sup>\*</sup> | 15460 | 870 |
| &nbsp;&nbsp;&nbsp; Tempur Sealy International Inc  | 30128 | 1960 |
| &nbsp;&nbsp;&nbsp; Texas Roadhouse Inc, Cl A  | 10966 | 2141 |
| &nbsp;&nbsp;&nbsp; Thor Industries Inc  | 8690 | 706 |
| &nbsp;&nbsp;&nbsp; ThredUp Inc, Cl A <sup>\*</sup> | 14000 | 101 |
| &nbsp;&nbsp;&nbsp; Tile Shop Holdings Inc <sup>\*</sup> | 6300 | 40 |
| &nbsp;&nbsp;&nbsp; Tilly's Inc, Cl A <sup>\*</sup> | 5243 | 8 |
| &nbsp;&nbsp;&nbsp; Toll Brothers Inc  | 15839 | 1651 |
| &nbsp;&nbsp;&nbsp; TopBuild Corp <sup>\*</sup> | 4900 | 1386 |
| &nbsp;&nbsp;&nbsp; Topgolf Callaway Brands Corp <sup>\*</sup> | 23306 | 148 |
| &nbsp;&nbsp;&nbsp; Torrid Holdings Inc <sup>\*</sup> | 2700 | 14 |
| &nbsp;&nbsp;&nbsp; Traeger Inc <sup>\*</sup> | 4800 | 7 |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co  | 10600 | 515 |
| &nbsp;&nbsp;&nbsp; Tri Pointe Homes Inc <sup>\*</sup> | 15873 | 468 |
| &nbsp;&nbsp;&nbsp; Udemy Inc <sup>\*</sup> | 17700 | 130 |
| &nbsp;&nbsp;&nbsp; Under Armour Inc, Cl A <sup>\*</sup> | 24800 | 166 |
| &nbsp;&nbsp;&nbsp; Under Armour Inc, Cl C <sup>\*</sup> | 24900 | 157 |
| &nbsp;&nbsp;&nbsp; United Parks & Resorts Inc <sup>\*</sup> | 5900 | 264 |
| &nbsp;&nbsp;&nbsp; Universal Technical Institute Inc <sup>\*</sup> | 7300 | 259 |
| &nbsp;&nbsp;&nbsp; Upbound Group Inc, Cl A  | 7540 | 173 |
| &nbsp;&nbsp;&nbsp; Urban Outfitters Inc <sup>\*</sup> | 10000 | 699 |
| &nbsp;&nbsp;&nbsp; Vail Resorts Inc  | 6012 | 963 |
| &nbsp;&nbsp;&nbsp; Valvoline Inc <sup>\*</sup> | 20236 | 700 |
| &nbsp;&nbsp;&nbsp; VF Corp  | 58900 | 734 |
| &nbsp;&nbsp;&nbsp; Viad Corp <sup>\*</sup> | 2271 | 63 |
| &nbsp;&nbsp;&nbsp; Victoria's Secret & Co <sup>\*</sup> | 12000 | 255 |
| &nbsp;&nbsp;&nbsp; Visteon Corp <sup>\*</sup> | 4365 | 369 |
| &nbsp;&nbsp;&nbsp; Warby Parker Inc, Cl A <sup>\*</sup> | 14600 | 309 |
| &nbsp;&nbsp;&nbsp; Wayfair Inc, Cl A <sup>\*</sup> | 15400 | 635 |
| &nbsp;&nbsp;&nbsp; Wendy's Co/The  | 26175 | 298 |
| &nbsp;&nbsp;&nbsp; Weyco Group Inc  | 1200 | 38 |
| &nbsp;&nbsp;&nbsp; Whirlpool Corp  | 8200 | 640 |
| &nbsp;&nbsp;&nbsp; Wingstop Inc  | 4900 | 1674 |
| &nbsp;&nbsp;&nbsp; Winmark Corp  | 491 | 209 |
| &nbsp;&nbsp;&nbsp; Winnebago Industries Inc  | 4435 | 150 |
| &nbsp;&nbsp;&nbsp; Wolverine World Wide Inc  | 13096 | 223 |
| &nbsp;&nbsp;&nbsp; Wyndham Hotels & Resorts Inc  | 12000 | 993 |
| &nbsp;&nbsp;&nbsp; XPEL Inc <sup>\*</sup> | 3000 | 108 |
| &nbsp;&nbsp;&nbsp; Xponential Fitness Inc, Cl A <sup>\*</sup> | 5600 | 50 |
| &nbsp;&nbsp;&nbsp; YETI Holdings Inc <sup>\*</sup> | 13900 | 425 |
| &nbsp;&nbsp;&nbsp; Zumiez Inc <sup>\*</sup> | 803 | 10 |
|  |  | 116645 |
| **Consumer Staples — 3.2%** | **Consumer Staples — 3.2%** |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos Inc, Cl A  | 64600 | 1436 |
| &nbsp;&nbsp;&nbsp; Alico Inc  | 1400 | 45 |
| &nbsp;&nbsp;&nbsp; Andersons Inc/The  | 5699 | 202 |
| &nbsp;&nbsp;&nbsp; B&G Foods Inc, Cl A  | 14611 | 61 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Beauty Health Co/The <sup>\*</sup> | 17700 | $29 |
| &nbsp;&nbsp;&nbsp; BellRing Brands Inc <sup>\*</sup> | 21302 | 1341 |
| &nbsp;&nbsp;&nbsp; Beyond Meat Inc <sup>\*</sup> | 13000 | 38 |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings Inc <sup>\*</sup> | 21600 | 2445 |
| &nbsp;&nbsp;&nbsp; Boston Beer Co Inc/The, Cl A <sup>\*</sup> | 1483 | 341 |
| &nbsp;&nbsp;&nbsp; BRC Inc, Cl A <sup>\*</sup> | 5800 | 10 |
| &nbsp;&nbsp;&nbsp; Calavo Growers Inc  | 1426 | 39 |
| &nbsp;&nbsp;&nbsp; Cal-Maine Foods Inc  | 7428 | 713 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores Inc  | 6059 | 2652 |
| &nbsp;&nbsp;&nbsp; Celsius Holdings Inc <sup>\*</sup> | 28300 | 1072 |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet Co <sup>\*</sup> | 600 | 22 |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet Co, Cl A <sup>\*</sup> | 7161 | 229 |
| &nbsp;&nbsp;&nbsp; Chefs' Warehouse Inc/The <sup>\*</sup> | 5721 | 365 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Consolidated Inc  | 9890 | 1134 |
| &nbsp;&nbsp;&nbsp; Coty Inc, Cl A <sup>\*</sup> | 61800 | 305 |
| &nbsp;&nbsp;&nbsp; Darling Ingredients Inc <sup>\*</sup> | 24057 | 750 |
| &nbsp;&nbsp;&nbsp; Dole PLC  | 10800 | 153 |
| &nbsp;&nbsp;&nbsp; Edgewell Personal Care Co  | 8045 | 222 |
| &nbsp;&nbsp;&nbsp; elf Beauty Inc <sup>\*</sup> | 8700 | 979 |
| &nbsp;&nbsp;&nbsp; Energizer Holdings Inc  | 10945 | 255 |
| &nbsp;&nbsp;&nbsp; Flowers Foods Inc  | 28408 | 480 |
| &nbsp;&nbsp;&nbsp; Fresh Del Monte Produce Inc  | 6181 | 218 |
| &nbsp;&nbsp;&nbsp; Freshpet Inc <sup>\*</sup> | 7900 | 633 |
| &nbsp;&nbsp;&nbsp; Grocery Outlet Holding Corp <sup>\*</sup> | 15500 | 210 |
| &nbsp;&nbsp;&nbsp; Hain Celestial Group Inc/The <sup>\*</sup> | 15660 | 29 |
| &nbsp;&nbsp;&nbsp; Herbalife Ltd <sup>\*</sup> | 20144 | 157 |
| &nbsp;&nbsp;&nbsp; HF Foods Group Inc <sup>\*</sup> | 9900 | 38 |
| &nbsp;&nbsp;&nbsp; Honest Co Inc/The <sup>\*</sup> | 6600 | 33 |
| &nbsp;&nbsp;&nbsp; Ingles Markets Inc, Cl A  | 2645 | 165 |
| &nbsp;&nbsp;&nbsp; Ingredion Inc  | 10165 | 1414 |
| &nbsp;&nbsp;&nbsp; Inter Parfums Inc  | 2906 | 396 |
| &nbsp;&nbsp;&nbsp; J & J Snack Foods Corp  | 2364 | 272 |
| &nbsp;&nbsp;&nbsp; John B Sanfilippo & Son Inc  | 1819 | 113 |
| &nbsp;&nbsp;&nbsp; Lancaster Colony Corp  | 3229 | 540 |
| &nbsp;&nbsp;&nbsp; Limoneira Co  | 3400 | 54 |
| &nbsp;&nbsp;&nbsp; Mama's Creations Inc <sup>\*</sup> | 4900 | 41 |
| &nbsp;&nbsp;&nbsp; Maplebear Inc <sup>\*</sup> | 25500 | 1165 |
| &nbsp;&nbsp;&nbsp; Medifast Inc <sup>\*</sup> | 1764 | 25 |
| &nbsp;&nbsp;&nbsp; MGP Ingredients Inc  | 1800 | 53 |
| &nbsp;&nbsp;&nbsp; Mission Produce Inc <sup>\*</sup> | 9300 | 104 |
| &nbsp;&nbsp;&nbsp; National Beverage Corp  | 3904 | 177 |
| &nbsp;&nbsp;&nbsp; Natural Grocers by Vitamin Cottage Inc  | 1085 | 53 |
| &nbsp;&nbsp;&nbsp; Nature's Sunshine Products Inc <sup>\*</sup> | 2937 | 45 |
| &nbsp;&nbsp;&nbsp; Nu Skin Enterprises Inc, Cl A  | 11205 | 97 |
| &nbsp;&nbsp;&nbsp; Oil-Dri Corp of America  | 2000 | 100 |
| &nbsp;&nbsp;&nbsp; Olaplex Holdings Inc <sup>\*</sup> | 29300 | 39 |
| &nbsp;&nbsp;&nbsp; Performance Food Group Co <sup>\*</sup> | 25027 | 2241 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp <sup>\*</sup> | 6007 | 295 |
| &nbsp;&nbsp;&nbsp; Post Holdings Inc <sup>\*</sup> | 8469 | 937 |
| &nbsp;&nbsp;&nbsp; PriceSmart Inc  | 4423 | 478 |
| &nbsp;&nbsp;&nbsp; Primo Brands Corp <sup>\*</sup> | 40400 | 1336 |
| &nbsp;&nbsp;&nbsp; Reynolds Consumer Products Inc  | 8000 | 177 |
| &nbsp;&nbsp;&nbsp; Seaboard Corp  | 50 | 134 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Seneca Foods Corp, Cl A <sup>\*</sup> | 1262 | $119 |
| &nbsp;&nbsp;&nbsp; Simply Good Foods Co/The <sup>\*</sup> | 14700 | 507 |
| &nbsp;&nbsp;&nbsp; Smithfield Foods Inc <sup>\*</sup> | 5700 | 133 |
| &nbsp;&nbsp;&nbsp; SpartanNash Co  | 7436 | 145 |
| &nbsp;&nbsp;&nbsp; Spectrum Brands Holdings Inc  | 4787 | 277 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market Inc <sup>\*</sup> | 15700 | 2714 |
| &nbsp;&nbsp;&nbsp; SunOpta Inc <sup>\*</sup> | 17100 | 107 |
| &nbsp;&nbsp;&nbsp; TreeHouse Foods Inc <sup>\*</sup> | 7809 | 175 |
| &nbsp;&nbsp;&nbsp; Turning Point Brands Inc  | 3200 | 238 |
| &nbsp;&nbsp;&nbsp; United Natural Foods Inc <sup>\*</sup> | 9598 | 293 |
| &nbsp;&nbsp;&nbsp; Universal Corp/VA  | 4045 | 264 |
| &nbsp;&nbsp;&nbsp; US Foods Holding Corp <sup>\*</sup> | 35500 | 2809 |
| &nbsp;&nbsp;&nbsp; USANA Health Sciences Inc <sup>\*</sup> | 1532 | 46 |
| &nbsp;&nbsp;&nbsp; Utz Brands Inc  | 10700 | 142 |
| &nbsp;&nbsp;&nbsp; Village Super Market Inc, Cl A  | 1962 | 76 |
| &nbsp;&nbsp;&nbsp; Vita Coco Co Inc/The <sup>\*</sup> | 6100 | 217 |
| &nbsp;&nbsp;&nbsp; Vital Farms Inc <sup>\*</sup> | 5500 | 175 |
| &nbsp;&nbsp;&nbsp; Waldencast plc, Cl A <sup>\*</sup> | 7000 | 19 |
| &nbsp;&nbsp;&nbsp; WD-40 Co  | 2186 | 533 |
| &nbsp;&nbsp;&nbsp; Weis Markets Inc  | 2704 | 205 |
| &nbsp;&nbsp;&nbsp; Westrock Coffee Co <sup>\*</sup> | 7900 | 54 |
| &nbsp;&nbsp;&nbsp; WK Kellogg Co  | 9700 | 164 |
|  |  | 36499 |
| **Energy — 3.7%** | **Energy — 3.7%** |  |
| &nbsp;&nbsp;&nbsp; Amplify Energy Corp <sup>\*</sup> | 4900 | 14 |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp  | 51700 | 971 |
| &nbsp;&nbsp;&nbsp; Antero Resources Corp <sup>\*</sup> | 45180 | 1692 |
| &nbsp;&nbsp;&nbsp; Archrock Inc  | 27583 | 687 |
| &nbsp;&nbsp;&nbsp; Ardmore Shipping Corp  | 7800 | 75 |
| &nbsp;&nbsp;&nbsp; Aris Water Solutions Inc, Cl A  | 4200 | 93 |
| &nbsp;&nbsp;&nbsp; Atlas Energy Solutions Inc, Cl A  | 11200 | 136 |
| &nbsp;&nbsp;&nbsp; Berry Corp  | 7400 | 18 |
| &nbsp;&nbsp;&nbsp; BKV Corp <sup>\*</sup> | 3500 | 75 |
| &nbsp;&nbsp;&nbsp; Borr Drilling Ltd  | 37600 | 66 |
| &nbsp;&nbsp;&nbsp; Bristow Group Inc <sup>\*</sup> | 3697 | 108 |
| &nbsp;&nbsp;&nbsp; Cactus Inc, Cl A  | 10700 | 439 |
| &nbsp;&nbsp;&nbsp; California Resources Corp  | 11600 | 512 |
| &nbsp;&nbsp;&nbsp; Centrus Energy Corp, Cl A <sup>\*</sup> | 2000 | 254 |
| &nbsp;&nbsp;&nbsp; ChampionX Corp  | 31900 | 768 |
| &nbsp;&nbsp;&nbsp; Cheniere Energy Inc  | 36065 | 8547 |
| &nbsp;&nbsp;&nbsp; Chord Energy Corp  | 9730 | 876 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc  | 15634 | 428 |
| &nbsp;&nbsp;&nbsp; Clean Energy Fuels Corp <sup>\*</sup> | 29988 | 54 |
| &nbsp;&nbsp;&nbsp; CNX Resources Corp <sup>\*</sup> | 24000 | 775 |
| &nbsp;&nbsp;&nbsp; Comstock Resources Inc <sup>\*</sup> | 15500 | 361 |
| &nbsp;&nbsp;&nbsp; CONSOL Energy Inc  | 8888 | 616 |
| &nbsp;&nbsp;&nbsp; Core Laboratories Inc  | 9300 | 100 |
| &nbsp;&nbsp;&nbsp; Crescent Energy Co, Cl A  | 26385 | 221 |
| &nbsp;&nbsp;&nbsp; CVR Energy Inc  | 4597 | 107 |
| &nbsp;&nbsp;&nbsp; Delek US Holdings Inc  | 11390 | 219 |
| &nbsp;&nbsp;&nbsp; DHT Holdings Inc  | 18900 | 219 |
| &nbsp;&nbsp;&nbsp; Diversified Energy Co PLC  | 7700 | 108 |
| &nbsp;&nbsp;&nbsp; DMC Global Inc <sup>\*</sup> | 5100 | 33 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Dorian LPG Ltd  | 5347 | $114 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc  | 16200 | 1697 |
| &nbsp;&nbsp;&nbsp; Empire Petroleum Corp <sup>\*</sup> | 1033 | 5 |
| &nbsp;&nbsp;&nbsp; Encore Energy Corp <sup>\*</sup> | 17800 | 36 |
| &nbsp;&nbsp;&nbsp; Energy Fuels Inc/Canada <sup>\*</sup> | 26600 | 130 |
| &nbsp;&nbsp;&nbsp; Excelerate Energy Inc, Cl A  | 2400 | 67 |
| &nbsp;&nbsp;&nbsp; Expro Group Holdings NV <sup>\*</sup> | 15357 | 128 |
| &nbsp;&nbsp;&nbsp; FLEX LNG Ltd  | 5800 | 139 |
| &nbsp;&nbsp;&nbsp; FLOWCO HOLDINGS INC <sup>\*</sup> | 4400 | 76 |
| &nbsp;&nbsp;&nbsp; FutureFuel Corp  | 3876 | 15 |
| &nbsp;&nbsp;&nbsp; Golar LNG Ltd  | 15902 | 654 |
| &nbsp;&nbsp;&nbsp; Granite Ridge Resources Inc  | 8700 | 49 |
| &nbsp;&nbsp;&nbsp; Green Plains Inc <sup>\*</sup> | 11190 | 47 |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Corp <sup>\*</sup> | 2100 | 402 |
| &nbsp;&nbsp;&nbsp; Hallador Energy Co <sup>\*</sup> | 4400 | 76 |
| &nbsp;&nbsp;&nbsp; Helix Energy Solutions Group Inc <sup>\*</sup> | 24169 | 150 |
| &nbsp;&nbsp;&nbsp; Helmerich & Payne Inc  | 15600 | 238 |
| &nbsp;&nbsp;&nbsp; HF Sinclair Corp  | 25500 | 921 |
| &nbsp;&nbsp;&nbsp; HighPeak Energy Inc  | 1100 | 11 |
| &nbsp;&nbsp;&nbsp; Innovex International Inc <sup>\*</sup> | 7987 | 110 |
| &nbsp;&nbsp;&nbsp; International Seaways Inc  | 5528 | 205 |
| &nbsp;&nbsp;&nbsp; Kinetik Holdings Inc, Cl A  | 6300 | 281 |
| &nbsp;&nbsp;&nbsp; Kodiak Gas Services Inc  | 7700 | 272 |
| &nbsp;&nbsp;&nbsp; Kosmos Energy Ltd <sup>\*</sup> | 71775 | 119 |
| &nbsp;&nbsp;&nbsp; Liberty Energy Inc, Cl A  | 25700 | 298 |
| &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Corp, Cl A  | 26900 | 578 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co  | 18700 | 804 |
| &nbsp;&nbsp;&nbsp; Murphy Oil Corp  | 22400 | 469 |
| &nbsp;&nbsp;&nbsp; Nabors Industries Ltd <sup>\*</sup> | 1991 | 51 |
| &nbsp;&nbsp;&nbsp; NACCO Industries Inc, Cl A  | 900 | 32 |
| &nbsp;&nbsp;&nbsp; New Fortress Energy Inc, Cl A  | 10000 | 25 |
| &nbsp;&nbsp;&nbsp; NextDecade Corp <sup>\*</sup> | 19000 | 157 |
| &nbsp;&nbsp;&nbsp; Noble Corp PLC  | 20890 | 517 |
| &nbsp;&nbsp;&nbsp; Nordic American Tankers Ltd  | 34377 | 91 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas Inc  | 16500 | 439 |
| &nbsp;&nbsp;&nbsp; NOV Inc  | 60800 | 730 |
| &nbsp;&nbsp;&nbsp; Oceaneering International Inc <sup>\*</sup> | 15446 | 295 |
| &nbsp;&nbsp;&nbsp; Oil States International Inc <sup>\*</sup> | 16699 | 73 |
| &nbsp;&nbsp;&nbsp; Ovintiv Inc  | 41500 | 1486 |
| &nbsp;&nbsp;&nbsp; Par Pacific Holdings Inc <sup>\*</sup> | 9986 | 216 |
| &nbsp;&nbsp;&nbsp; Patterson-UTI Energy Inc  | 59955 | 331 |
| &nbsp;&nbsp;&nbsp; PBF Energy Inc, Cl A  | 15277 | 291 |
| &nbsp;&nbsp;&nbsp; Peabody Energy Corp  | 16600 | 218 |
| &nbsp;&nbsp;&nbsp; Permian Resources Corp, Cl A  | 105585 | 1331 |
| &nbsp;&nbsp;&nbsp; ProFrac Holding Corp, Cl A <sup>\*</sup> | 3000 | 25 |
| &nbsp;&nbsp;&nbsp; ProPetro Holding Corp <sup>\*</sup> | 13100 | 71 |
| &nbsp;&nbsp;&nbsp; Range Resources Corp  | 36700 | 1396 |
| &nbsp;&nbsp;&nbsp; REX American Resources Corp <sup>\*</sup> | 1800 | 76 |
| &nbsp;&nbsp;&nbsp; Riley Exploration Permian Inc  | 1200 | 31 |
| &nbsp;&nbsp;&nbsp; Ring Energy Inc <sup>\*</sup> | 10000 | 7 |
| &nbsp;&nbsp;&nbsp; RPC Inc  | 15199 | 67 |
| &nbsp;&nbsp;&nbsp; Sable Offshore Corp <sup>\*</sup> | 8300 | 239 |
| &nbsp;&nbsp;&nbsp; SandRidge Energy Inc  | 8200 | 80 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Scorpio Tankers Inc  | 7613 | $302 |
| &nbsp;&nbsp;&nbsp; SEACOR Marine Holdings Inc <sup>\*</sup> | 7300 | 39 |
| &nbsp;&nbsp;&nbsp; Seadrill Ltd <sup>\*</sup> | 9400 | 218 |
| &nbsp;&nbsp;&nbsp; Select Water Solutions Inc, Cl A  | 11300 | 91 |
| &nbsp;&nbsp;&nbsp; SFL Corp Ltd, Cl B  | 18576 | 159 |
| &nbsp;&nbsp;&nbsp; Sitio Royalties Corp, Cl A  | 11121 | 190 |
| &nbsp;&nbsp;&nbsp; SM Energy Co  | 17913 | 419 |
| &nbsp;&nbsp;&nbsp; Solaris Energy Infrastructure Inc, Cl A  | 4800 | 132 |
| &nbsp;&nbsp;&nbsp; Talos Energy Inc <sup>\*</sup> | 22100 | 178 |
| &nbsp;&nbsp;&nbsp; TechnipFMC PLC  | 66100 | 2059 |
| &nbsp;&nbsp;&nbsp; Teekay Corp <sup>\*</sup> | 4200 | 35 |
| &nbsp;&nbsp;&nbsp; Teekay Tankers Ltd, Cl A  | 3300 | 146 |
| &nbsp;&nbsp;&nbsp; TETRA Technologies Inc <sup>\*</sup> | 9600 | 26 |
| &nbsp;&nbsp;&nbsp; Tidewater Inc <sup>\*</sup> | 7700 | 306 |
| &nbsp;&nbsp;&nbsp; Transocean Ltd <sup>\*</sup> | 120200 | 299 |
| &nbsp;&nbsp;&nbsp; Uranium Energy Corp <sup>\*</sup> | 68900 | 409 |
| &nbsp;&nbsp;&nbsp; Ur-Energy Inc <sup>\*</sup> | 45200 | 37 |
| &nbsp;&nbsp;&nbsp; VAALCO Energy Inc  | 15500 | 49 |
| &nbsp;&nbsp;&nbsp; Valaris Ltd <sup>\*</sup> | 9700 | 365 |
| &nbsp;&nbsp;&nbsp; Viper Energy Inc, Cl A  | 20700 | 822 |
| &nbsp;&nbsp;&nbsp; Vital Energy Inc <sup>\*</sup> | 3800 | 56 |
| &nbsp;&nbsp;&nbsp; Vitesse Energy Inc  | 5143 | 108 |
| &nbsp;&nbsp;&nbsp; W&T Offshore Inc  | 21338 | 32 |
| &nbsp;&nbsp;&nbsp; Weatherford International PLC  | 11300 | 493 |
| &nbsp;&nbsp;&nbsp; World Kinect Corp  | 8341 | 228 |
|  |  | 42136 |
| **Financials — 18.4%** | **Financials — 18.4%** |  |
| &nbsp;&nbsp;&nbsp; 1st Source Corp  | 2758 | 167 |
| &nbsp;&nbsp;&nbsp; ACNB Corp  | 1900 | 79 |
| &nbsp;&nbsp;&nbsp; AFC Gamma Inc <sup>‡</sup> | 2800 | 14 |
| &nbsp;&nbsp;&nbsp; Affiliated Managers Group Inc  | 5000 | 880 |
| &nbsp;&nbsp;&nbsp; Affirm Holdings Inc, Cl A <sup>\*</sup> | 40600 | 2107 |
| &nbsp;&nbsp;&nbsp; AGNC Investment Corp <sup>‡</sup> | 140621 | 1257 |
| &nbsp;&nbsp;&nbsp; Alerus Financial Corp  | 3400 | 71 |
| &nbsp;&nbsp;&nbsp; Ally Financial Inc  | 42500 | 1488 |
| &nbsp;&nbsp;&nbsp; Amalgamated Financial Corp  | 3000 | 91 |
| &nbsp;&nbsp;&nbsp; Ambac Financial Group Inc <sup>\*</sup> | 7800 | 61 |
| &nbsp;&nbsp;&nbsp; Amerant Bancorp Inc, Cl A  | 5100 | 89 |
| &nbsp;&nbsp;&nbsp; American Coastal Insurance Corp <sup>\*</sup> | 4000 | 43 |
| &nbsp;&nbsp;&nbsp; American Financial Group Inc/OH  | 11053 | 1370 |
| &nbsp;&nbsp;&nbsp; Ameris Bancorp  | 10462 | 643 |
| &nbsp;&nbsp;&nbsp; AMERISAFE Inc  | 2633 | 125 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage REIT Inc <sup>‡</sup> | 1600 | 15 |
| &nbsp;&nbsp;&nbsp; Annaly Capital Management Inc <sup>‡</sup> | 87139 | 1651 |
| &nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance Inc <sup>‡</sup> | 23419 | 230 |
| &nbsp;&nbsp;&nbsp; Arbor Realty Trust Inc <sup>‡</sup> | 28600 | 274 |
| &nbsp;&nbsp;&nbsp; Ares Commercial Real Estate Corp <sup>‡</sup> | 9600 | 44 |
| &nbsp;&nbsp;&nbsp; Ares Management Corp, Cl A  | 29945 | 4956 |
| &nbsp;&nbsp;&nbsp; ARMOUR Residential REIT Inc <sup>‡</sup> | 9884 | 160 |
| &nbsp;&nbsp;&nbsp; Arrow Financial Corp  | 3349 | 86 |
| &nbsp;&nbsp;&nbsp; Artisan Partners Asset Management Inc, Cl A  | 9300 | 375 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Associated Banc-Corp  | 27736 | $643 |
| &nbsp;&nbsp;&nbsp; Assured Guaranty Ltd  | 7987 | 675 |
| &nbsp;&nbsp;&nbsp; Atlantic Union Bankshares Corp  | 18999 | 570 |
| &nbsp;&nbsp;&nbsp; Atlanticus Holdings Corp <sup>\*</sup> | 1100 | 54 |
| &nbsp;&nbsp;&nbsp; AvidXchange Holdings Inc <sup>\*</sup> | 26800 | 262 |
| &nbsp;&nbsp;&nbsp; Axis Capital Holdings Ltd  | 12468 | 1294 |
| &nbsp;&nbsp;&nbsp; Axos Financial Inc <sup>\*</sup> | 8436 | 587 |
| &nbsp;&nbsp;&nbsp; B Riley Financial Inc  | 4400 | 13 |
| &nbsp;&nbsp;&nbsp; Baldwin Insurance Group Inc/The, Cl A <sup>\*</sup> | 10800 | 416 |
| &nbsp;&nbsp;&nbsp; Banc of California Inc  | 24713 | 339 |
| &nbsp;&nbsp;&nbsp; BancFirst Corp  | 3250 | 402 |
| &nbsp;&nbsp;&nbsp; Banco Latinoamericano de Comercio Exterior SA  | 3812 | 156 |
| &nbsp;&nbsp;&nbsp; Bancorp Inc/The <sup>\*</sup> | 8092 | 414 |
| &nbsp;&nbsp;&nbsp; Bank First Corp  | 1500 | 174 |
| &nbsp;&nbsp;&nbsp; Bank of Hawaii Corp  | 6024 | 401 |
| &nbsp;&nbsp;&nbsp; Bank of Marin Bancorp  | 3614 | 77 |
| &nbsp;&nbsp;&nbsp; Bank of NT Butterfield & Son Ltd/The  | 6300 | 266 |
| &nbsp;&nbsp;&nbsp; Bank OZK  | 16970 | 752 |
| &nbsp;&nbsp;&nbsp; BankUnited Inc  | 10996 | 374 |
| &nbsp;&nbsp;&nbsp; Bankwell Financial Group Inc  | 1100 | 38 |
| &nbsp;&nbsp;&nbsp; Banner Corp  | 5951 | 367 |
| &nbsp;&nbsp;&nbsp; Bar Harbor Bankshares  | 2850 | 83 |
| &nbsp;&nbsp;&nbsp; BayCom Corp  | 3000 | 79 |
| &nbsp;&nbsp;&nbsp; BCB Bancorp Inc  | 3200 | 26 |
| &nbsp;&nbsp;&nbsp; Berkshire Hills Bancorp Inc  | 5391 | 133 |
| &nbsp;&nbsp;&nbsp; BGC Group Inc, Cl A  | 55936 | 519 |
| &nbsp;&nbsp;&nbsp; Blackstone Mortgage Trust Inc, Cl A <sup>‡</sup> | 27500 | 519 |
| &nbsp;&nbsp;&nbsp; Block Inc, Cl A <sup>\*</sup> | 90009 | 5558 |
| &nbsp;&nbsp;&nbsp; Blue Foundry Bancorp <sup>\*</sup> | 6000 | 54 |
| &nbsp;&nbsp;&nbsp; Blue Owl Capital Inc, Cl A  | 84400 | 1577 |
| &nbsp;&nbsp;&nbsp; BOK Financial Corp  | 3782 | 357 |
| &nbsp;&nbsp;&nbsp; Bowhead Specialty Holdings Inc <sup>\*</sup> | 2400 | 90 |
| &nbsp;&nbsp;&nbsp; Bread Financial Holdings Inc  | 8500 | 436 |
| &nbsp;&nbsp;&nbsp; Bridgewater Bancshares Inc <sup>\*</sup> | 600 | 9 |
| &nbsp;&nbsp;&nbsp; Brighthouse Financial Inc <sup>\*</sup> | 9500 | 568 |
| &nbsp;&nbsp;&nbsp; Brightsphere Investment Group Inc  | 4563 | 137 |
| &nbsp;&nbsp;&nbsp; BrightSpire Capital Inc, Cl A <sup>‡</sup> | 21794 | 110 |
| &nbsp;&nbsp;&nbsp; Brookline Bancorp Inc  | 16833 | 174 |
| &nbsp;&nbsp;&nbsp; Burford Capital Ltd  | 32900 | 423 |
| &nbsp;&nbsp;&nbsp; Burke & Herbert Financial Services Corp  | 2911 | 166 |
| &nbsp;&nbsp;&nbsp; Business First Bancshares Inc  | 4300 | 102 |
| &nbsp;&nbsp;&nbsp; Byline Bancorp Inc  | 5970 | 154 |
| &nbsp;&nbsp;&nbsp; Cadence Bank  | 29431 | 892 |
| &nbsp;&nbsp;&nbsp; California BanCorp <sup>\*</sup> | 6100 | 91 |
| &nbsp;&nbsp;&nbsp; Camden National Corp  | 3058 | 120 |
| &nbsp;&nbsp;&nbsp; Cannae Holdings Inc  | 9262 | 173 |
| &nbsp;&nbsp;&nbsp; Cantaloupe Inc <sup>\*</sup> | 11800 | 99 |
| &nbsp;&nbsp;&nbsp; Capital Bancorp Inc  | 1900 | 61 |
| &nbsp;&nbsp;&nbsp; Capital City Bank Group Inc  | 2861 | 108 |
| &nbsp;&nbsp;&nbsp; Capitol Federal Financial Inc  | 25587 | 146 |
| &nbsp;&nbsp;&nbsp; Carlyle Group Inc/The  | 35300 | 1596 |
| &nbsp;&nbsp;&nbsp; Carter Bankshares Inc <sup>\*</sup> | 4800 | 79 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Cass Information Systems Inc  | 1354 | $57 |
| &nbsp;&nbsp;&nbsp; Cathay General Bancorp  | 10915 | 468 |
| &nbsp;&nbsp;&nbsp; Central Pacific Financial Corp  | 4910 | 131 |
| &nbsp;&nbsp;&nbsp; Chicago Atlantic Real Estate Finance Inc <sup>‡</sup> | 900 | 13 |
| &nbsp;&nbsp;&nbsp; Chimera Investment Corp <sup>‡</sup> | 12355 | 163 |
| &nbsp;&nbsp;&nbsp; Citizens & Northern Corp  | 3540 | 66 |
| &nbsp;&nbsp;&nbsp; Citizens Financial Services Inc  | 700 | 43 |
| &nbsp;&nbsp;&nbsp; City Holding Co  | 2385 | 281 |
| &nbsp;&nbsp;&nbsp; Civista Bancshares Inc  | 3400 | 77 |
| &nbsp;&nbsp;&nbsp; Claros Mortgage Trust Inc <sup>‡</sup> | 14700 | 38 |
| &nbsp;&nbsp;&nbsp; CNA Financial Corp  | 3375 | 162 |
| &nbsp;&nbsp;&nbsp; CNB Financial Corp/PA  | 1948 | 42 |
| &nbsp;&nbsp;&nbsp; CNO Financial Group Inc  | 16825 | 639 |
| &nbsp;&nbsp;&nbsp; Coastal Financial Corp/WA <sup>\*</sup> | 1900 | 167 |
| &nbsp;&nbsp;&nbsp; Cohen & Steers Inc  | 3936 | 302 |
| &nbsp;&nbsp;&nbsp; Colony Bankcorp Inc  | 3700 | 57 |
| &nbsp;&nbsp;&nbsp; Columbia Banking System Inc  | 33794 | 790 |
| &nbsp;&nbsp;&nbsp; Columbia Financial Inc <sup>\*</sup> | 3600 | 52 |
| &nbsp;&nbsp;&nbsp; Comerica Inc  | 21000 | 1199 |
| &nbsp;&nbsp;&nbsp; Commerce Bancshares Inc/MO  | 19906 | 1254 |
| &nbsp;&nbsp;&nbsp; Community Financial System Inc  | 8251 | 464 |
| &nbsp;&nbsp;&nbsp; Community Trust Bancorp Inc  | 3093 | 158 |
| &nbsp;&nbsp;&nbsp; Community West Bancshares  | 2800 | 50 |
| &nbsp;&nbsp;&nbsp; Compass Diversified Holdings  | 10600 | 71 |
| &nbsp;&nbsp;&nbsp; ConnectOne Bancorp Inc  | 7483 | 172 |
| &nbsp;&nbsp;&nbsp; Corebridge Financial Inc  | 45100 | 1471 |
| &nbsp;&nbsp;&nbsp; Crawford & Co, Cl A  | 5700 | 59 |
| &nbsp;&nbsp;&nbsp; Credit Acceptance Corp <sup>\*</sup> | 912 | 435 |
| &nbsp;&nbsp;&nbsp; Cullen/Frost Bankers Inc  | 9505 | 1207 |
| &nbsp;&nbsp;&nbsp; Customers Bancorp Inc <sup>\*</sup> | 4770 | 243 |
| &nbsp;&nbsp;&nbsp; CVB Financial Corp  | 19279 | 361 |
| &nbsp;&nbsp;&nbsp; Dave Inc <sup>\*</sup> | 1300 | 261 |
| &nbsp;&nbsp;&nbsp; Diamond Hill Investment Group Inc  | 654 | 92 |
| &nbsp;&nbsp;&nbsp; DigitalBridge Group Inc  | 25598 | 283 |
| &nbsp;&nbsp;&nbsp; Dime Community Bancshares Inc  | 6229 | 160 |
| &nbsp;&nbsp;&nbsp; Donegal Group Inc, Cl A  | 2500 | 51 |
| &nbsp;&nbsp;&nbsp; Donnelley Financial Solutions Inc <sup>\*</sup> | 4332 | 236 |
| &nbsp;&nbsp;&nbsp; Dynex Capital Inc <sup>‡</sup> | 14797 | 178 |
| &nbsp;&nbsp;&nbsp; Eagle Bancorp Inc  | 4406 | 78 |
| &nbsp;&nbsp;&nbsp; East West Bancorp Inc  | 21566 | 1967 |
| &nbsp;&nbsp;&nbsp; Eastern Bankshares Inc  | 28834 | 433 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Inc <sup>‡</sup> | 13700 | 172 |
| &nbsp;&nbsp;&nbsp; Employers Holdings Inc  | 4274 | 208 |
| &nbsp;&nbsp;&nbsp; Enact Holdings Inc  | 5700 | 202 |
| &nbsp;&nbsp;&nbsp; Encore Capital Group Inc <sup>\*</sup> | 3875 | 147 |
| &nbsp;&nbsp;&nbsp; Enova International Inc <sup>\*</sup> | 4366 | 405 |
| &nbsp;&nbsp;&nbsp; Enstar Group Ltd <sup>\*</sup> | 1951 | 654 |
| &nbsp;&nbsp;&nbsp; Enterprise Bancorp Inc/MA  | 548 | 21 |
| &nbsp;&nbsp;&nbsp; Enterprise Financial Services Corp  | 5165 | 273 |
| &nbsp;&nbsp;&nbsp; Equitable Holdings Inc  | 51000 | 2696 |
| &nbsp;&nbsp;&nbsp; Equity Bancshares Inc, Cl A  | 3100 | 121 |
| &nbsp;&nbsp;&nbsp; Esquire Financial Holdings Inc  | 1600 | 145 |
| &nbsp;&nbsp;&nbsp; Essent Group Ltd  | 15800 | 916 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Euronet Worldwide Inc <sup>\*</sup> | 6388 | $692 |
| &nbsp;&nbsp;&nbsp; Evercore Inc, Cl A  | 5476 | 1268 |
| &nbsp;&nbsp;&nbsp; EVERTEC Inc  | 10200 | 370 |
| &nbsp;&nbsp;&nbsp; F&G Annuities & Life Inc  | 2094 | 67 |
| &nbsp;&nbsp;&nbsp; Farmers & Merchants Bancorp Inc/Archbold OH  | 3200 | 76 |
| &nbsp;&nbsp;&nbsp; Farmers National Banc Corp  | 6800 | 90 |
| &nbsp;&nbsp;&nbsp; FB Financial Corp  | 5802 | 253 |
| &nbsp;&nbsp;&nbsp; Federal Agricultural Mortgage Corp, Cl C  | 1288 | 240 |
| &nbsp;&nbsp;&nbsp; Fidelis Insurance Holdings Ltd  | 5600 | 98 |
| &nbsp;&nbsp;&nbsp; Fidelity D&D Bancorp Inc  | 100 | 4 |
| &nbsp;&nbsp;&nbsp; Fidelity National Financial Inc  | 42466 | 2326 |
| &nbsp;&nbsp;&nbsp; Financial Institutions Inc  | 3243 | 84 |
| &nbsp;&nbsp;&nbsp; First American Financial Corp  | 16772 | 936 |
| &nbsp;&nbsp;&nbsp; First Bancorp Inc/The  | 3052 | 74 |
| &nbsp;&nbsp;&nbsp; First BanCorp/Puerto Rico  | 27816 | 556 |
| &nbsp;&nbsp;&nbsp; First Bancorp/Southern Pines NC  | 7145 | 296 |
| &nbsp;&nbsp;&nbsp; First Bank/Hamilton NJ  | 3700 | 54 |
| &nbsp;&nbsp;&nbsp; First Busey Corp  | 12898 | 285 |
| &nbsp;&nbsp;&nbsp; First Business Financial Services Inc  | 1800 | 88 |
| &nbsp;&nbsp;&nbsp; First Citizens BancShares Inc/NC, Cl A  | 1902 | 3517 |
| &nbsp;&nbsp;&nbsp; First Commonwealth Financial Corp  | 18401 | 287 |
| &nbsp;&nbsp;&nbsp; First Community Bankshares Inc  | 2342 | 88 |
| &nbsp;&nbsp;&nbsp; First Financial Bancorp  | 16533 | 399 |
| &nbsp;&nbsp;&nbsp; First Financial Bankshares Inc  | 20712 | 730 |
| &nbsp;&nbsp;&nbsp; First Financial Corp/IN  | 2412 | 125 |
| &nbsp;&nbsp;&nbsp; First Foundation Inc <sup>\*</sup> | 9100 | 47 |
| &nbsp;&nbsp;&nbsp; First Hawaiian Inc  | 20100 | 480 |
| &nbsp;&nbsp;&nbsp; First Horizon Corp  | 84625 | 1682 |
| &nbsp;&nbsp;&nbsp; First Internet Bancorp  | 100 | 2 |
| &nbsp;&nbsp;&nbsp; First Interstate BancSystem Inc, Cl A  | 12916 | 351 |
| &nbsp;&nbsp;&nbsp; First Merchants Corp  | 9618 | 363 |
| &nbsp;&nbsp;&nbsp; First Mid Bancshares Inc  | 3572 | 126 |
| &nbsp;&nbsp;&nbsp; First of Long Island Corp/The  | 4995 | 59 |
| &nbsp;&nbsp;&nbsp; First Western Financial Inc <sup>\*</sup> | 1800 | 38 |
| &nbsp;&nbsp;&nbsp; FirstCash Holdings Inc  | 6020 | 770 |
| &nbsp;&nbsp;&nbsp; Five Star Bancorp  | 2800 | 78 |
| &nbsp;&nbsp;&nbsp; Flushing Financial Corp  | 6070 | 73 |
| &nbsp;&nbsp;&nbsp; Flywire Corp <sup>\*</sup> | 18900 | 203 |
| &nbsp;&nbsp;&nbsp; FNB Corp/PA  | 60189 | 835 |
| &nbsp;&nbsp;&nbsp; Forge Global Holdings Inc <sup>\*</sup> | 2097 | 29 |
| &nbsp;&nbsp;&nbsp; Franklin BSP Realty Trust Inc <sup>‡</sup> | 15254 | 168 |
| &nbsp;&nbsp;&nbsp; FS Bancorp Inc  | 1900 | 73 |
| &nbsp;&nbsp;&nbsp; Fulton Financial Corp  | 29112 | 502 |
| &nbsp;&nbsp;&nbsp; FVCBankcorp Inc <sup>\*</sup> | 3375 | 39 |
| &nbsp;&nbsp;&nbsp; GCM Grosvenor Inc, Cl A  | 10000 | 126 |
| &nbsp;&nbsp;&nbsp; Genworth Financial Inc, Cl A <sup>\*</sup> | 63600 | 448 |
| &nbsp;&nbsp;&nbsp; German American Bancorp Inc  | 3566 | 136 |
| &nbsp;&nbsp;&nbsp; Glacier Bancorp Inc  | 18075 | 750 |
| &nbsp;&nbsp;&nbsp; Goosehead Insurance Inc, Cl A <sup>\*</sup> | 3700 | 401 |
| &nbsp;&nbsp;&nbsp; Granite Point Mortgage Trust Inc <sup>‡</sup> | 10941 | 28 |
| &nbsp;&nbsp;&nbsp; Great Southern Bancorp Inc  | 1099 | 61 |
| &nbsp;&nbsp;&nbsp; Green Dot Corp, Cl A <sup>\*</sup> | 9255 | 86 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Greene County Bancorp Inc  | 1020 | $22 |
| &nbsp;&nbsp;&nbsp; Greenlight Capital Re Ltd, Cl A <sup>\*</sup> | 6409 | 93 |
| &nbsp;&nbsp;&nbsp; Guaranty Bancshares Inc/TX  | 1500 | 62 |
| &nbsp;&nbsp;&nbsp; HA Sustainable Infrastructure Capital Inc <sup>‡</sup> | 18600 | 466 |
| &nbsp;&nbsp;&nbsp; Hamilton Insurance Group Ltd, Cl B <sup>\*</sup> | 8000 | 174 |
| &nbsp;&nbsp;&nbsp; Hamilton Lane Inc, Cl A  | 6400 | 954 |
| &nbsp;&nbsp;&nbsp; Hancock Whitney Corp  | 13814 | 755 |
| &nbsp;&nbsp;&nbsp; Hanmi Financial Corp  | 5578 | 128 |
| &nbsp;&nbsp;&nbsp; Hanover Insurance Group Inc/The  | 5717 | 1006 |
| &nbsp;&nbsp;&nbsp; HarborOne Bancorp Inc  | 3020 | 34 |
| &nbsp;&nbsp;&nbsp; HBT Financial Inc  | 2200 | 51 |
| &nbsp;&nbsp;&nbsp; HCI Group Inc  | 1115 | 188 |
| &nbsp;&nbsp;&nbsp; Heritage Commerce Corp  | 11300 | 105 |
| &nbsp;&nbsp;&nbsp; Heritage Financial Corp/WA  | 7171 | 168 |
| &nbsp;&nbsp;&nbsp; Heritage Insurance Holdings Inc <sup>\*</sup> | 5700 | 139 |
| &nbsp;&nbsp;&nbsp; Hilltop Holdings Inc  | 7700 | 230 |
| &nbsp;&nbsp;&nbsp; Hingham Institution For Savings The  | 300 | 73 |
| &nbsp;&nbsp;&nbsp; Hippo Holdings Inc <sup>\*</sup> | 3484 | 82 |
| &nbsp;&nbsp;&nbsp; Home Bancorp Inc  | 1800 | 91 |
| &nbsp;&nbsp;&nbsp; Home BancShares Inc/AR  | 30932 | 875 |
| &nbsp;&nbsp;&nbsp; HomeStreet Inc <sup>\*</sup> | 4372 | 57 |
| &nbsp;&nbsp;&nbsp; HomeTrust Bancshares Inc  | 2902 | 105 |
| &nbsp;&nbsp;&nbsp; Hope Bancorp Inc  | 19295 | 194 |
| &nbsp;&nbsp;&nbsp; Horace Mann Educators Corp  | 6714 | 292 |
| &nbsp;&nbsp;&nbsp; Horizon Bancorp Inc/IN  | 4625 | 69 |
| &nbsp;&nbsp;&nbsp; Houlihan Lokey Inc, Cl A  | 8200 | 1432 |
| &nbsp;&nbsp;&nbsp; Independent Bank Corp  | 6220 | 383 |
| &nbsp;&nbsp;&nbsp; Independent Bank Corp/MI  | 3300 | 104 |
| &nbsp;&nbsp;&nbsp; Interactive Brokers Group Inc, Cl A  | 17127 | 3591 |
| &nbsp;&nbsp;&nbsp; International Bancshares Corp  | 8650 | 542 |
| &nbsp;&nbsp;&nbsp; International Money Express Inc <sup>\*</sup> | 5400 | 60 |
| &nbsp;&nbsp;&nbsp; Invesco Mortgage Capital Inc <sup>‡</sup> | 8009 | 59 |
| &nbsp;&nbsp;&nbsp; Investors Title Co  | 100 | 23 |
| &nbsp;&nbsp;&nbsp; Jackson Financial Inc, Cl A  | 12000 | 983 |
| &nbsp;&nbsp;&nbsp; James River Group Holdings Ltd  | 8200 | 48 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Group PLC  | 19700 | 716 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group Inc  | 27000 | 1312 |
| &nbsp;&nbsp;&nbsp; John Marshall Bancorp Inc  | 2700 | 47 |
| &nbsp;&nbsp;&nbsp; Kearny Financial Corp/MD  | 10929 | 66 |
| &nbsp;&nbsp;&nbsp; Kemper Corp  | 9773 | 623 |
| &nbsp;&nbsp;&nbsp; Kinsale Capital Group Inc  | 3600 | 1699 |
| &nbsp;&nbsp;&nbsp; KKR Real Estate Finance Trust Inc <sup>‡</sup> | 12500 | 112 |
| &nbsp;&nbsp;&nbsp; Ladder Capital Corp, Cl A <sup>‡</sup> | 15962 | 168 |
| &nbsp;&nbsp;&nbsp; Lakeland Financial Corp  | 4157 | 249 |
| &nbsp;&nbsp;&nbsp; Lazard Inc, Cl A  | 17431 | 757 |
| &nbsp;&nbsp;&nbsp; Lemonade Inc <sup>\*</sup> | 8700 | 291 |
| &nbsp;&nbsp;&nbsp; LendingClub Corp <sup>\*</sup> | 21300 | 214 |
| &nbsp;&nbsp;&nbsp; LendingTree Inc <sup>\*</sup> | 2200 | 77 |
| &nbsp;&nbsp;&nbsp; Lincoln National Corp  | 28500 | 944 |
| &nbsp;&nbsp;&nbsp; Lionsgate Studios Corp <sup>\*</sup> | 23833 | 172 |
| &nbsp;&nbsp;&nbsp; Live Oak Bancshares Inc  | 4800 | 132 |
| &nbsp;&nbsp;&nbsp; LPL Financial Holdings Inc  | 12823 | 4965 |
| &nbsp;&nbsp;&nbsp; Markel Group Inc <sup>\*</sup> | 2063 | 4006 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Marqeta Inc, Cl A <sup>\*</sup> | 76800 | $413 |
| &nbsp;&nbsp;&nbsp; MBIA Inc <sup>\*</sup> | 10982 | 48 |
| &nbsp;&nbsp;&nbsp; Mercantile Bank Corp  | 1657 | 73 |
| &nbsp;&nbsp;&nbsp; Merchants Bancorp/IN  | 3300 | 106 |
| &nbsp;&nbsp;&nbsp; Mercury General Corp  | 3878 | 250 |
| &nbsp;&nbsp;&nbsp; Metrocity Bankshares Inc  | 3800 | 106 |
| &nbsp;&nbsp;&nbsp; Metropolitan Bank Holding Corp <sup>\*</sup> | 2100 | 136 |
| &nbsp;&nbsp;&nbsp; MFA Financial Inc <sup>‡</sup> | 16624 | 155 |
| &nbsp;&nbsp;&nbsp; MGIC Investment Corp  | 40918 | 1082 |
| &nbsp;&nbsp;&nbsp; Mid Penn Bancorp Inc  | 3200 | 85 |
| &nbsp;&nbsp;&nbsp; Midland States Bancorp Inc  | 2600 | 44 |
| &nbsp;&nbsp;&nbsp; MidWestOne Financial Group Inc  | 3169 | 91 |
| &nbsp;&nbsp;&nbsp; Moelis & Co, Cl A  | 11900 | 680 |
| &nbsp;&nbsp;&nbsp; Morningstar Inc  | 4220 | 1302 |
| &nbsp;&nbsp;&nbsp; Mr Cooper Group Inc <sup>\*</sup> | 10171 | 1317 |
| &nbsp;&nbsp;&nbsp; MVB Financial Corp  | 2400 | 47 |
| &nbsp;&nbsp;&nbsp; National Bank Holdings Corp, Cl A  | 6400 | 231 |
| &nbsp;&nbsp;&nbsp; Navient Corp  | 13300 | 179 |
| &nbsp;&nbsp;&nbsp; NB Bancorp Inc <sup>\*</sup> | 6400 | 108 |
| &nbsp;&nbsp;&nbsp; NBT Bancorp Inc  | 8208 | 344 |
| &nbsp;&nbsp;&nbsp; NCR Atleos Corp <sup>\*</sup> | 12841 | 340 |
| &nbsp;&nbsp;&nbsp; Nelnet Inc, Cl A  | 1931 | 224 |
| &nbsp;&nbsp;&nbsp; NerdWallet Inc, Cl A <sup>\*</sup> | 5800 | 61 |
| &nbsp;&nbsp;&nbsp; New York Community Bancorp Inc  | 38105 | 439 |
| &nbsp;&nbsp;&nbsp; New York Mortgage Trust Inc <sup>‡</sup> | 17159 | 112 |
| &nbsp;&nbsp;&nbsp; NewtekOne Inc  | 4600 | 50 |
| &nbsp;&nbsp;&nbsp; Nexpoint Real Estate Finance Inc <sup>‡</sup> | 1600 | 24 |
| &nbsp;&nbsp;&nbsp; NI Holdings Inc <sup>\*</sup> | 2300 | 31 |
| &nbsp;&nbsp;&nbsp; Nicolet Bankshares Inc  | 2200 | 270 |
| &nbsp;&nbsp;&nbsp; NMI Holdings Inc, Cl A <sup>\*</sup> | 12700 | 504 |
| &nbsp;&nbsp;&nbsp; Northeast Bank  | 1300 | 109 |
| &nbsp;&nbsp;&nbsp; Northeast Community Bancorp Inc  | 300 | 7 |
| &nbsp;&nbsp;&nbsp; Northfield Bancorp Inc  | 2905 | 34 |
| &nbsp;&nbsp;&nbsp; Northrim BanCorp Inc  | 900 | 82 |
| &nbsp;&nbsp;&nbsp; Northwest Bancshares Inc  | 18579 | 228 |
| &nbsp;&nbsp;&nbsp; NU Holdings Ltd/Cayman Islands, Cl A <sup>\*</sup> | 524700 | 6302 |
| &nbsp;&nbsp;&nbsp; OceanFirst Financial Corp  | 9468 | 159 |
| &nbsp;&nbsp;&nbsp; OFG Bancorp  | 7625 | 314 |
| &nbsp;&nbsp;&nbsp; Old National Bancorp/IN  | 50633 | 1056 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp  | 37144 | 1404 |
| &nbsp;&nbsp;&nbsp; Old Second Bancorp Inc  | 9400 | 155 |
| &nbsp;&nbsp;&nbsp; OmniAB Inc. <sup>\*</sup> | 2598 |  |
| &nbsp;&nbsp;&nbsp; OneMain Holdings Inc, Cl A  | 18000 | 933 |
| &nbsp;&nbsp;&nbsp; Open Lending Corp, Cl A <sup>\*</sup> | 9900 | 18 |
| &nbsp;&nbsp;&nbsp; Orange County Bancorp Inc  | 2000 | 51 |
| &nbsp;&nbsp;&nbsp; Orchid Island Capital Inc, Cl A <sup>‡</sup> | 17620 | 120 |
| &nbsp;&nbsp;&nbsp; Origin Bancorp Inc  | 5000 | 170 |
| &nbsp;&nbsp;&nbsp; Orrstown Financial Services Inc  | 3000 | 90 |
| &nbsp;&nbsp;&nbsp; Oscar Health Inc, Cl A <sup>\*</sup> | 35400 | 489 |
| &nbsp;&nbsp;&nbsp; P10 Inc, Cl A  | 8600 | 93 |
| &nbsp;&nbsp;&nbsp; Pacific Premier Bancorp Inc  | 14636 | 310 |
| &nbsp;&nbsp;&nbsp; Pagseguro Digital Ltd, Cl A <sup>\*</sup> | 31200 | 278 |
| &nbsp;&nbsp;&nbsp; Palomar Holdings Inc, Cl A <sup>\*</sup> | 4000 | 686 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Park National Corp  | 2405 | $391 |
| &nbsp;&nbsp;&nbsp; Parke Bancorp Inc  | 2200 | 43 |
| &nbsp;&nbsp;&nbsp; Pathward Financial Inc  | 4200 | 328 |
| &nbsp;&nbsp;&nbsp; Patria Investments Ltd, Cl A  | 10800 | 138 |
| &nbsp;&nbsp;&nbsp; Payoneer Global Inc <sup>\*</sup> | 44700 | 304 |
| &nbsp;&nbsp;&nbsp; Paysafe Ltd <sup>\*</sup> | 3467 | 43 |
| &nbsp;&nbsp;&nbsp; PCB Bancorp  | 2600 | 50 |
| &nbsp;&nbsp;&nbsp; Peapack-Gladstone Financial Corp  | 3154 | 86 |
| &nbsp;&nbsp;&nbsp; PennyMac Financial Services Inc  | 4700 | 451 |
| &nbsp;&nbsp;&nbsp; PennyMac Mortgage Investment Trust <sup>‡</sup> | 14463 | 178 |
| &nbsp;&nbsp;&nbsp; Peoples Bancorp Inc/OH  | 5572 | 163 |
| &nbsp;&nbsp;&nbsp; Peoples Financial Services Corp  | 1600 | 77 |
| &nbsp;&nbsp;&nbsp; Perella Weinberg Partners, Cl A  | 8600 | 149 |
| &nbsp;&nbsp;&nbsp; Pinnacle Financial Partners Inc  | 12227 | 1299 |
| &nbsp;&nbsp;&nbsp; Pioneer Bancorp Inc/NY <sup>\*</sup> | 2700 | 31 |
| &nbsp;&nbsp;&nbsp; Piper Sandler Cos  | 2877 | 723 |
| &nbsp;&nbsp;&nbsp; PJT Partners Inc, Cl A  | 3700 | 557 |
| &nbsp;&nbsp;&nbsp; Ponce Financial Group Inc <sup>\*</sup> | 5600 | 75 |
| &nbsp;&nbsp;&nbsp; Popular Inc  | 10656 | 1103 |
| &nbsp;&nbsp;&nbsp; PRA Group Inc <sup>\*</sup> | 7658 | 109 |
| &nbsp;&nbsp;&nbsp; Preferred Bank/Los Angeles CA  | 1537 | 129 |
| &nbsp;&nbsp;&nbsp; Primerica Inc  | 5429 | 1469 |
| &nbsp;&nbsp;&nbsp; Primis Financial Corp  | 6000 | 57 |
| &nbsp;&nbsp;&nbsp; Priority Technology Holdings Inc <sup>\*</sup> | 1600 | 14 |
| &nbsp;&nbsp;&nbsp; ProAssurance Corp <sup>\*</sup> | 9325 | 216 |
| &nbsp;&nbsp;&nbsp; PROG Holdings Inc  | 6978 | 201 |
| &nbsp;&nbsp;&nbsp; Prosperity Bancshares Inc  | 14235 | 991 |
| &nbsp;&nbsp;&nbsp; Provident Financial Services Inc  | 18119 | 303 |
| &nbsp;&nbsp;&nbsp; QCR Holdings Inc  | 2600 | 175 |
| &nbsp;&nbsp;&nbsp; Radian Group Inc  | 23248 | 794 |
| &nbsp;&nbsp;&nbsp; RBB Bancorp  | 2600 | 44 |
| &nbsp;&nbsp;&nbsp; Ready Capital Corp <sup>‡</sup> | 29838 | 133 |
| &nbsp;&nbsp;&nbsp; Red River Bancshares Inc  | 1200 | 67 |
| &nbsp;&nbsp;&nbsp; Redwood Trust Inc <sup>‡</sup> | 15505 | 85 |
| &nbsp;&nbsp;&nbsp; Regional Management Corp  | 1700 | 45 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America Inc, Cl A  | 10816 | 2199 |
| &nbsp;&nbsp;&nbsp; Remitly Global Inc <sup>\*</sup> | 24000 | 513 |
| &nbsp;&nbsp;&nbsp; RenaissanceRe Holdings Ltd  | 8006 | 1997 |
| &nbsp;&nbsp;&nbsp; Renasant Corp  | 13460 | 472 |
| &nbsp;&nbsp;&nbsp; Repay Holdings Corp, Cl A <sup>\*</sup> | 14200 | 68 |
| &nbsp;&nbsp;&nbsp; Republic Bancorp Inc/KY, Cl A  | 798 | 55 |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp <sup>‡</sup> | 82488 | 920 |
| &nbsp;&nbsp;&nbsp; RLI Corp  | 13464 | 1035 |
| &nbsp;&nbsp;&nbsp; Robinhood Markets Inc, Cl A <sup>\*</sup> | 108700 | 7191 |
| &nbsp;&nbsp;&nbsp; Rocket Cos Inc, Cl A <sup>\*</sup> | 21000 | 268 |
| &nbsp;&nbsp;&nbsp; Root Inc/OH, Cl A <sup>\*</sup> | 1400 | 183 |
| &nbsp;&nbsp;&nbsp; Ryan Specialty Holdings Inc, Cl A  | 16200 | 1159 |
| &nbsp;&nbsp;&nbsp; S&T Bancorp Inc  | 6232 | 228 |
| &nbsp;&nbsp;&nbsp; Safety Insurance Group Inc  | 2431 | 200 |
| &nbsp;&nbsp;&nbsp; Seacoast Banking Corp of Florida  | 14881 | 384 |
| &nbsp;&nbsp;&nbsp; SEI Investments Co <sup>†</sup> | 16219 | 1383 |
| &nbsp;&nbsp;&nbsp; Selective Insurance Group Inc  | 9684 | 852 |
| &nbsp;&nbsp;&nbsp; Selectquote Inc <sup>\*</sup> | 28700 | 62 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; ServisFirst Bancshares Inc  | 8000 | $595 |
| &nbsp;&nbsp;&nbsp; Sezzle Inc <sup>\*</sup> | 2400 | 256 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments Inc, Cl A <sup>\*</sup> | 9800 | 929 |
| &nbsp;&nbsp;&nbsp; Shore Bancshares Inc  | 6200 | 90 |
| &nbsp;&nbsp;&nbsp; Sierra Bancorp  | 2978 | 82 |
| &nbsp;&nbsp;&nbsp; Simmons First National Corp, Cl A  | 19253 | 361 |
| &nbsp;&nbsp;&nbsp; SiriusPoint Ltd <sup>\*</sup> | 16300 | 319 |
| &nbsp;&nbsp;&nbsp; Skyward Specialty Insurance Group Inc <sup>\*</sup> | 6100 | 386 |
| &nbsp;&nbsp;&nbsp; SLM Corp  | 32320 | 1046 |
| &nbsp;&nbsp;&nbsp; SmartFinancial Inc  | 3100 | 99 |
| &nbsp;&nbsp;&nbsp; SoFi Technologies Inc <sup>\*</sup> | 172400 | 2293 |
| &nbsp;&nbsp;&nbsp; South Plains Financial Inc  | 2400 | 86 |
| &nbsp;&nbsp;&nbsp; Southern First Bancshares Inc <sup>\*</sup> | 1491 | 54 |
| &nbsp;&nbsp;&nbsp; Southern Missouri Bancorp Inc  | 1900 | 100 |
| &nbsp;&nbsp;&nbsp; Southern States Bancshares Inc  | 1306 | 45 |
| &nbsp;&nbsp;&nbsp; Southside Bancshares Inc  | 4762 | 134 |
| &nbsp;&nbsp;&nbsp; SouthState Corp  | 14985 | 1316 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust Inc <sup>‡</sup> | 48580 | 959 |
| &nbsp;&nbsp;&nbsp; Stellar Bancorp Inc  | 9040 | 243 |
| &nbsp;&nbsp;&nbsp; StepStone Group Inc, Cl A  | 10100 | 584 |
| &nbsp;&nbsp;&nbsp; Stewart Information Services Corp  | 4541 | 274 |
| &nbsp;&nbsp;&nbsp; Stifel Financial Corp  | 15373 | 1448 |
| &nbsp;&nbsp;&nbsp; Stock Yards Bancorp Inc  | 4502 | 331 |
| &nbsp;&nbsp;&nbsp; StoneCo Ltd, Cl A <sup>\*</sup> | 47400 | 647 |
| &nbsp;&nbsp;&nbsp; StoneX Group Inc <sup>\*</sup> | 6428 | 544 |
| &nbsp;&nbsp;&nbsp; Sunrise Realty Trust Inc <sup>‡</sup> | 933 | 10 |
| &nbsp;&nbsp;&nbsp; Synovus Financial Corp  | 21492 | 1028 |
| &nbsp;&nbsp;&nbsp; Texas Capital Bancshares Inc <sup>\*</sup> | 7623 | 546 |
| &nbsp;&nbsp;&nbsp; TFS Financial Corp  | 10643 | 141 |
| &nbsp;&nbsp;&nbsp; Third Coast Bancshares Inc <sup>\*</sup> | 800 | 25 |
| &nbsp;&nbsp;&nbsp; Tiptree Inc  | 5100 | 113 |
| &nbsp;&nbsp;&nbsp; Toast Inc, Cl A <sup>\*</sup> | 75300 | 3176 |
| &nbsp;&nbsp;&nbsp; Tompkins Financial Corp  | 2305 | 142 |
| &nbsp;&nbsp;&nbsp; Towne Bank/Portsmouth VA  | 11567 | 400 |
| &nbsp;&nbsp;&nbsp; TPG Inc, Cl A  | 14672 | 706 |
| &nbsp;&nbsp;&nbsp; TPG RE Finance Trust Inc <sup>‡</sup> | 14500 | 111 |
| &nbsp;&nbsp;&nbsp; Tradeweb Markets Inc, Cl A  | 19000 | 2745 |
| &nbsp;&nbsp;&nbsp; TriCo Bancshares  | 5809 | 232 |
| &nbsp;&nbsp;&nbsp; Triumph Financial Inc <sup>\*</sup> | 3600 | 208 |
| &nbsp;&nbsp;&nbsp; Trupanion Inc <sup>\*</sup> | 5400 | 255 |
| &nbsp;&nbsp;&nbsp; TrustCo Bank Corp NY  | 1825 | 57 |
| &nbsp;&nbsp;&nbsp; Trustmark Corp  | 9039 | 311 |
| &nbsp;&nbsp;&nbsp; Two Harbors Investment Corp <sup>‡</sup> | 14210 | 150 |
| &nbsp;&nbsp;&nbsp; UMB Financial Corp  | 11086 | 1143 |
| &nbsp;&nbsp;&nbsp; United Bankshares Inc/WV  | 21656 | 783 |
| &nbsp;&nbsp;&nbsp; United Community Banks Inc/GA  | 18118 | 521 |
| &nbsp;&nbsp;&nbsp; United Fire Group Inc  | 4171 | 119 |
| &nbsp;&nbsp;&nbsp; Unity Bancorp Inc  | 1600 | 71 |
| &nbsp;&nbsp;&nbsp; Universal Insurance Holdings Inc  | 5100 | 138 |
| &nbsp;&nbsp;&nbsp; Univest Financial Corp  | 4715 | 139 |
| &nbsp;&nbsp;&nbsp; Unum Group  | 28400 | 2321 |
| &nbsp;&nbsp;&nbsp; Upstart Holdings Inc <sup>\*</sup> | 13600 | 642 |
| &nbsp;&nbsp;&nbsp; USCB Financial Holdings Inc  | 2200 | 36 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; UWM Holdings Corp  | 14600 | $63 |
| &nbsp;&nbsp;&nbsp; Valley National Bancorp  | 77168 | 678 |
| &nbsp;&nbsp;&nbsp; Value Line Inc  | 300 | 12 |
| &nbsp;&nbsp;&nbsp; Velocity Financial Inc <sup>\*</sup> | 1800 | 30 |
| &nbsp;&nbsp;&nbsp; Veritex Holdings Inc  | 9739 | 236 |
| &nbsp;&nbsp;&nbsp; Victory Capital Holdings Inc, Cl A  | 6700 | 415 |
| &nbsp;&nbsp;&nbsp; Virtu Financial Inc, Cl A  | 13400 | 539 |
| &nbsp;&nbsp;&nbsp; Virtus Investment Partners Inc  | 1158 | 198 |
| &nbsp;&nbsp;&nbsp; Voya Financial Inc  | 15100 | 1004 |
| &nbsp;&nbsp;&nbsp; WaFd Inc  | 13518 | 384 |
| &nbsp;&nbsp;&nbsp; Walker & Dunlop Inc  | 5023 | 344 |
| &nbsp;&nbsp;&nbsp; Washington Trust Bancorp Inc  | 4070 | 113 |
| &nbsp;&nbsp;&nbsp; Waterstone Financial Inc  | 4000 | 52 |
| &nbsp;&nbsp;&nbsp; Webster Financial Corp  | 26429 | 1361 |
| &nbsp;&nbsp;&nbsp; WesBanco Inc  | 13310 | 410 |
| &nbsp;&nbsp;&nbsp; West BanCorp Inc  | 3785 | 73 |
| &nbsp;&nbsp;&nbsp; Westamerica BanCorp  | 4855 | 233 |
| &nbsp;&nbsp;&nbsp; Western Alliance Bancorp  | 16961 | 1228 |
| &nbsp;&nbsp;&nbsp; Western Union Co/The  | 52200 | 484 |
| &nbsp;&nbsp;&nbsp; WEX Inc <sup>\*</sup> | 6176 | 821 |
| &nbsp;&nbsp;&nbsp; White Mountains Insurance Group Ltd <sup>\*</sup> | 362 | 646 |
| &nbsp;&nbsp;&nbsp; Wintrust Financial Corp  | 10261 | 1225 |
| &nbsp;&nbsp;&nbsp; WisdomTree Inc  | 21375 | 202 |
| &nbsp;&nbsp;&nbsp; World Acceptance Corp <sup>\*</sup> | 476 | 74 |
| &nbsp;&nbsp;&nbsp; WSFS Financial Corp  | 9512 | 503 |
| &nbsp;&nbsp;&nbsp; XP Inc, Cl A <sup>\*</sup> | 62700 | 1214 |
| &nbsp;&nbsp;&nbsp; Zions Bancorp NA  | 23600 | 1118 |
|  |  | 206005 |
| **Health Care — 10.7%** | **Health Care — 10.7%** |  |
| &nbsp;&nbsp;&nbsp; 10X Genomics Inc, Cl A <sup>\*</sup> | 15000 | 143 |
| &nbsp;&nbsp;&nbsp; 4D Molecular Therapeutics Inc <sup>\*</sup> | 7700 | 28 |
| &nbsp;&nbsp;&nbsp; 89bio Inc <sup>\*</sup> | 21300 | 210 |
| &nbsp;&nbsp;&nbsp; Absci Corp <sup>\*</sup> | 13100 | 35 |
| &nbsp;&nbsp;&nbsp; Acadia Healthcare Co Inc <sup>\*</sup> | 13887 | 314 |
| &nbsp;&nbsp;&nbsp; ACADIA Pharmaceuticals Inc <sup>\*</sup> | 19100 | 412 |
| &nbsp;&nbsp;&nbsp; Accuray Inc <sup>\*</sup> | 18400 | 28 |
| &nbsp;&nbsp;&nbsp; AdaptHealth Corp, Cl A <sup>\*</sup> | 15400 | 138 |
| &nbsp;&nbsp;&nbsp; Adaptive Biotechnologies Corp <sup>\*</sup> | 23700 | 226 |
| &nbsp;&nbsp;&nbsp; Addus HomeCare Corp <sup>\*</sup> | 2900 | 322 |
| &nbsp;&nbsp;&nbsp; ADMA Biologics Inc <sup>\*</sup> | 37300 | 740 |
| &nbsp;&nbsp;&nbsp; Aerovate Therapeutics Inc <sup>\*</sup> | 63 |  |
| &nbsp;&nbsp;&nbsp; Agenus Inc <sup>\*</sup> | 2865 | 10 |
| &nbsp;&nbsp;&nbsp; agilon health Inc <sup>\*</sup> | 42900 | 95 |
| &nbsp;&nbsp;&nbsp; Agios Pharmaceuticals Inc <sup>\*</sup> | 7900 | 254 |
| &nbsp;&nbsp;&nbsp; AirSculpt Technologies Inc <sup>\*</sup> | 1400 | 6 |
| &nbsp;&nbsp;&nbsp; Akebia Therapeutics Inc <sup>\*</sup> | 45600 | 138 |
| &nbsp;&nbsp;&nbsp; Akero Therapeutics Inc <sup>\*</sup> | 12200 | 606 |
| &nbsp;&nbsp;&nbsp; Akoya Biosciences Inc <sup>\*</sup> | 1600 | 2 |
| &nbsp;&nbsp;&nbsp; Aldeyra Therapeutics Inc <sup>\*</sup> | 9200 | 20 |
| &nbsp;&nbsp;&nbsp; Alector Inc <sup>\*</sup> | 13000 | 17 |
| &nbsp;&nbsp;&nbsp; Alignment Healthcare Inc <sup>\*</sup> | 17000 | 261 |
| &nbsp;&nbsp;&nbsp; Alkermes PLC <sup>\*</sup> | 25553 | 782 |
| &nbsp;&nbsp;&nbsp; Allogene Therapeutics Inc <sup>\*</sup> | 20200 | 24 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals Inc <sup>\*</sup> | 20889 | $6362 |
| &nbsp;&nbsp;&nbsp; Alphatec Holdings Inc <sup>\*</sup> | 17300 | 215 |
| &nbsp;&nbsp;&nbsp; Altimmune Inc <sup>\*</sup> | 11800 | 64 |
| &nbsp;&nbsp;&nbsp; Alumis Inc <sup>\*</sup> | 4188 | 15 |
| &nbsp;&nbsp;&nbsp; ALX Oncology Holdings Inc <sup>\*</sup> | 4300 | 2 |
| &nbsp;&nbsp;&nbsp; Amedisys Inc <sup>\*</sup> | 4671 | 439 |
| &nbsp;&nbsp;&nbsp; Amicus Therapeutics Inc <sup>\*</sup> | 52400 | 318 |
| &nbsp;&nbsp;&nbsp; AMN Healthcare Services Inc <sup>\*</sup> | 5809 | 123 |
| &nbsp;&nbsp;&nbsp; Amneal Pharmaceuticals Inc <sup>\*</sup> | 23588 | 173 |
| &nbsp;&nbsp;&nbsp; Amphastar Pharmaceuticals Inc <sup>\*</sup> | 5300 | 136 |
| &nbsp;&nbsp;&nbsp; AnaptysBio Inc <sup>\*</sup> | 1900 | 42 |
| &nbsp;&nbsp;&nbsp; Anavex Life Sciences Corp <sup>\*</sup> | 15300 | 115 |
| &nbsp;&nbsp;&nbsp; AngioDynamics Inc <sup>\*</sup> | 8570 | 87 |
| &nbsp;&nbsp;&nbsp; ANI Pharmaceuticals Inc <sup>\*</sup> | 2500 | 147 |
| &nbsp;&nbsp;&nbsp; Anika Therapeutics Inc <sup>\*</sup> | 3070 | 34 |
| &nbsp;&nbsp;&nbsp; Annexon Inc <sup>\*</sup> | 17700 | 36 |
| &nbsp;&nbsp;&nbsp; Apellis Pharmaceuticals Inc <sup>\*</sup> | 17900 | 303 |
| &nbsp;&nbsp;&nbsp; Apogee Therapeutics Inc <sup>\*</sup> | 7000 | 256 |
| &nbsp;&nbsp;&nbsp; Applied Therapeutics Inc <sup>\*</sup> | 15800 | 6 |
| &nbsp;&nbsp;&nbsp; Aquestive Therapeutics Inc <sup>\*</sup> | 18500 | 50 |
| &nbsp;&nbsp;&nbsp; Arbutus Biopharma Corp <sup>\*</sup> | 16700 | 56 |
| &nbsp;&nbsp;&nbsp; Arcellx Inc <sup>\*</sup> | 6800 | 422 |
| &nbsp;&nbsp;&nbsp; Arcturus Therapeutics Holdings Inc <sup>\*</sup> | 3100 | 39 |
| &nbsp;&nbsp;&nbsp; Arcus Biosciences Inc <sup>\*</sup> | 10600 | 95 |
| &nbsp;&nbsp;&nbsp; Arcutis Biotherapeutics Inc <sup>\*</sup> | 17500 | 228 |
| &nbsp;&nbsp;&nbsp; Ardelyx Inc <sup>\*</sup> | 42200 | 155 |
| &nbsp;&nbsp;&nbsp; Ardent Health Partners Inc <sup>\*</sup> | 6000 | 87 |
| &nbsp;&nbsp;&nbsp; ArriVent Biopharma Inc <sup>\*</sup> | 2900 | 62 |
| &nbsp;&nbsp;&nbsp; Arrowhead Pharmaceuticals Inc <sup>\*</sup> | 17100 | 275 |
| &nbsp;&nbsp;&nbsp; ARS Pharmaceuticals Inc <sup>\*</sup> | 8100 | 117 |
| &nbsp;&nbsp;&nbsp; Artivion Inc <sup>\*</sup> | 4845 | 143 |
| &nbsp;&nbsp;&nbsp; Arvinas Inc <sup>\*</sup> | 8600 | 62 |
| &nbsp;&nbsp;&nbsp; Astrana Health Inc <sup>\*</sup> | 7100 | 176 |
| &nbsp;&nbsp;&nbsp; Astria Therapeutics Inc <sup>\*</sup> | 3100 | 15 |
| &nbsp;&nbsp;&nbsp; Atea Pharmaceuticals Inc <sup>\*</sup> | 15000 | 45 |
| &nbsp;&nbsp;&nbsp; AtriCure Inc <sup>\*</sup> | 7920 | 274 |
| &nbsp;&nbsp;&nbsp; Aura Biosciences Inc <sup>\*</sup> | 2200 | 13 |
| &nbsp;&nbsp;&nbsp; Aurinia Pharmaceuticals Inc <sup>\*</sup> | 25100 | 197 |
| &nbsp;&nbsp;&nbsp; Avadel Pharmaceuticals PLC <sup>\*</sup> | 15200 | 138 |
| &nbsp;&nbsp;&nbsp; Avanos Medical Inc <sup>\*</sup> | 7800 | 98 |
| &nbsp;&nbsp;&nbsp; Avantor Inc <sup>\*</sup> | 104751 | 1352 |
| &nbsp;&nbsp;&nbsp; Aveanna Healthcare Holdings Inc <sup>\*</sup> | 10800 | 58 |
| &nbsp;&nbsp;&nbsp; Avidity Biosciences Inc <sup>\*</sup> | 19300 | 598 |
| &nbsp;&nbsp;&nbsp; Avita Medical Inc <sup>\*</sup> | 5000 | 28 |
| &nbsp;&nbsp;&nbsp; Axogen Inc <sup>\*</sup> | 9085 | 99 |
| &nbsp;&nbsp;&nbsp; Axsome Therapeutics Inc <sup>\*</sup> | 5900 | 620 |
| &nbsp;&nbsp;&nbsp; Azenta Inc <sup>\*</sup> | 7803 | 209 |
| &nbsp;&nbsp;&nbsp; Beam Therapeutics Inc <sup>\*</sup> | 15800 | 250 |
| &nbsp;&nbsp;&nbsp; Bicara Therapeutics Inc <sup>\*</sup> | 4100 | 38 |
| &nbsp;&nbsp;&nbsp; BioCryst Pharmaceuticals Inc <sup>\*</sup> | 28200 | 303 |
| &nbsp;&nbsp;&nbsp; Biohaven Ltd <sup>\*</sup> | 13350 | 198 |
| &nbsp;&nbsp;&nbsp; BioLife Solutions Inc <sup>\*</sup> | 6800 | 149 |
| &nbsp;&nbsp;&nbsp; BioMarin Pharmaceutical Inc <sup>\*</sup> | 29346 | 1704 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Biomea Fusion Inc <sup>\*</sup> | 3900 | $6 |
| &nbsp;&nbsp;&nbsp; Bio-Rad Laboratories Inc, Cl A <sup>\*</sup> | 3200 | 726 |
| &nbsp;&nbsp;&nbsp; Bioventus Inc, Cl A <sup>\*</sup> | 8800 | 57 |
| &nbsp;&nbsp;&nbsp; Blueprint Medicines Corp <sup>\*</sup> | 10300 | 1044 |
| &nbsp;&nbsp;&nbsp; Bridgebio Pharma Inc <sup>\*</sup> | 21935 | 751 |
| &nbsp;&nbsp;&nbsp; BrightSpring Health Services Inc <sup>\*</sup> | 9600 | 229 |
| &nbsp;&nbsp;&nbsp; Brookdale Senior Living Inc, Cl A <sup>\*</sup> | 35909 | 234 |
| &nbsp;&nbsp;&nbsp; Bruker Corp  | 17432 | 640 |
| &nbsp;&nbsp;&nbsp; C4 Therapeutics Inc <sup>\*</sup> | 9600 | 12 |
| &nbsp;&nbsp;&nbsp; Cabaletta Bio Inc <sup>\*</sup> | 7500 | 14 |
| &nbsp;&nbsp;&nbsp; Capricor Therapeutics Inc <sup>\*</sup> | 7200 | 71 |
| &nbsp;&nbsp;&nbsp; CareDx Inc <sup>\*</sup> | 9000 | 153 |
| &nbsp;&nbsp;&nbsp; Cargo Therapeutics Inc <sup>\*</sup> | 6800 | 29 |
| &nbsp;&nbsp;&nbsp; Caribou Biosciences Inc <sup>\*</sup> | 15100 | 16 |
| &nbsp;&nbsp;&nbsp; Cassava Sciences Inc <sup>\*</sup> | 4700 | 9 |
| &nbsp;&nbsp;&nbsp; Castle Biosciences Inc <sup>\*</sup> | 4600 | 73 |
| &nbsp;&nbsp;&nbsp; Catalyst Pharmaceuticals Inc <sup>\*</sup> | 18200 | 454 |
| &nbsp;&nbsp;&nbsp; Celcuity Inc <sup>\*</sup> | 7600 | 81 |
| &nbsp;&nbsp;&nbsp; Celldex Therapeutics Inc <sup>\*</sup> | 9300 | 184 |
| &nbsp;&nbsp;&nbsp; Century Therapeutics Inc <sup>\*</sup> | 2500 | 1 |
| &nbsp;&nbsp;&nbsp; Ceribell Inc <sup>\*</sup> | 2900 | 49 |
| &nbsp;&nbsp;&nbsp; Certara Inc <sup>\*</sup> | 17764 | 202 |
| &nbsp;&nbsp;&nbsp; Cerus Corp <sup>\*</sup> | 38497 | 49 |
| &nbsp;&nbsp;&nbsp; CG oncology Inc <sup>\*</sup> | 8300 | 213 |
| &nbsp;&nbsp;&nbsp; Chemed Corp  | 2345 | 1348 |
| &nbsp;&nbsp;&nbsp; ChromaDex Corp <sup>\*</sup> | 11500 | 124 |
| &nbsp;&nbsp;&nbsp; Codexis Inc <sup>\*</sup> | 13961 | 32 |
| &nbsp;&nbsp;&nbsp; Cogent Biosciences Inc <sup>\*</sup> | 14000 | 76 |
| &nbsp;&nbsp;&nbsp; Coherus Biosciences Inc <sup>\*</sup> | 14800 | 12 |
| &nbsp;&nbsp;&nbsp; Collegium Pharmaceutical Inc <sup>\*</sup> | 4900 | 143 |
| &nbsp;&nbsp;&nbsp; Community Health Systems Inc <sup>\*</sup> | 12629 | 49 |
| &nbsp;&nbsp;&nbsp; Compass Therapeutics Inc <sup>\*</sup> | 23500 | 49 |
| &nbsp;&nbsp;&nbsp; Concentra Group Holdings Parent Inc <sup>\*</sup> | 16521 | 357 |
| &nbsp;&nbsp;&nbsp; CONMED Corp  | 5508 | 313 |
| &nbsp;&nbsp;&nbsp; Corbus Pharmaceuticals Holdings Inc <sup>\*</sup> | 1700 | 13 |
| &nbsp;&nbsp;&nbsp; Corcept Therapeutics Inc <sup>\*</sup> | 13300 | 1032 |
| &nbsp;&nbsp;&nbsp; CorMedix Inc <sup>\*</sup> | 9000 | 109 |
| &nbsp;&nbsp;&nbsp; CorVel Corp <sup>\*</sup> | 4302 | 479 |
| &nbsp;&nbsp;&nbsp; Crinetics Pharmaceuticals Inc <sup>\*</sup> | 15100 | 461 |
| &nbsp;&nbsp;&nbsp; Cross Country Healthcare Inc <sup>\*</sup> | 7179 | 95 |
| &nbsp;&nbsp;&nbsp; CryoPort Inc <sup>\*</sup> | 9400 | 57 |
| &nbsp;&nbsp;&nbsp; Cullinan Therapeutics Inc <sup>\*</sup> | 6400 | 55 |
| &nbsp;&nbsp;&nbsp; CVRx Inc <sup>\*</sup> | 2900 | 19 |
| &nbsp;&nbsp;&nbsp; Cytek Biosciences Inc <sup>\*</sup> | 23200 | 64 |
| &nbsp;&nbsp;&nbsp; Cytokinetics Inc <sup>\*</sup> | 19300 | 599 |
| &nbsp;&nbsp;&nbsp; Day One Biopharmaceuticals Inc <sup>\*</sup> | 8500 | 54 |
| &nbsp;&nbsp;&nbsp; Definitive Healthcare Corp, Cl A <sup>\*</sup> | 7300 | 24 |
| &nbsp;&nbsp;&nbsp; Denali Therapeutics Inc <sup>\*</sup> | 18100 | 240 |
| &nbsp;&nbsp;&nbsp; Dentsply Sirona Inc  | 31000 | 495 |
| &nbsp;&nbsp;&nbsp; Design Therapeutics Inc <sup>\*</sup> | 7800 | 29 |
| &nbsp;&nbsp;&nbsp; Dianthus Therapeutics Inc <sup>\*</sup> | 3900 | 68 |
| &nbsp;&nbsp;&nbsp; Disc Medicine Inc, Cl A <sup>\*</sup> | 4200 | 196 |
| &nbsp;&nbsp;&nbsp; DocGo Inc <sup>\*</sup> | 13700 | 19 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Doximity Inc, Cl A <sup>\*</sup> | 20300 | $1057 |
| &nbsp;&nbsp;&nbsp; Dynavax Technologies Corp, Cl A <sup>\*</sup> | 23389 | 229 |
| &nbsp;&nbsp;&nbsp; Dyne Therapeutics Inc <sup>\*</sup> | 13000 | 156 |
| &nbsp;&nbsp;&nbsp; Edgewise Therapeutics Inc <sup>\*</sup> | 11900 | 170 |
| &nbsp;&nbsp;&nbsp; Editas Medicine Inc, Cl A <sup>\*</sup> | 15400 | 27 |
| &nbsp;&nbsp;&nbsp; Elanco Animal Health Inc <sup>\*</sup> | 75000 | 1008 |
| &nbsp;&nbsp;&nbsp; Embecta Corp  | 6500 | 68 |
| &nbsp;&nbsp;&nbsp; Enanta Pharmaceuticals Inc <sup>\*</sup> | 4700 | 28 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp  | 15441 | 1867 |
| &nbsp;&nbsp;&nbsp; Enhabit Inc <sup>\*</sup> | 10870 | 114 |
| &nbsp;&nbsp;&nbsp; Enliven Therapeutics Inc <sup>\*</sup> | 4600 | 82 |
| &nbsp;&nbsp;&nbsp; Enovis Corp <sup>\*</sup> | 8363 | 262 |
| &nbsp;&nbsp;&nbsp; Ensign Group Inc/The  | 8436 | 1242 |
| &nbsp;&nbsp;&nbsp; Entrada Therapeutics Inc <sup>\*</sup> | 4200 | 32 |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp <sup>\*</sup> | 26400 | 482 |
| &nbsp;&nbsp;&nbsp; Erasca Inc <sup>\*</sup> | 14600 | 20 |
| &nbsp;&nbsp;&nbsp; Esperion Therapeutics Inc <sup>\*</sup> | 31100 | 26 |
| &nbsp;&nbsp;&nbsp; Evolent Health Inc, Cl A <sup>\*</sup> | 17700 | 132 |
| &nbsp;&nbsp;&nbsp; Evolus Inc <sup>\*</sup> | 11000 | 101 |
| &nbsp;&nbsp;&nbsp; Exact Sciences Corp <sup>\*</sup> | 29526 | 1662 |
| &nbsp;&nbsp;&nbsp; Exelixis Inc <sup>\*</sup> | 43800 | 1885 |
| &nbsp;&nbsp;&nbsp; EyePoint Pharmaceuticals Inc <sup>\*</sup> | 15200 | 110 |
| &nbsp;&nbsp;&nbsp; Fate Therapeutics Inc <sup>\*</sup> | 18600 | 23 |
| &nbsp;&nbsp;&nbsp; Foghorn Therapeutics Inc <sup>\*</sup> | 4200 | 17 |
| &nbsp;&nbsp;&nbsp; Fortrea Holdings Inc <sup>\*</sup> | 14200 | 61 |
| &nbsp;&nbsp;&nbsp; Fulcrum Therapeutics Inc <sup>\*</sup> | 10200 | 70 |
| &nbsp;&nbsp;&nbsp; Fulgent Genetics Inc <sup>\*</sup> | 4700 | 97 |
| &nbsp;&nbsp;&nbsp; GeneDx Holdings Corp, Cl A <sup>\*</sup> | 2000 | 142 |
| &nbsp;&nbsp;&nbsp; Generation Bio Co <sup>\*</sup> | 9900 | 4 |
| &nbsp;&nbsp;&nbsp; Geron Corp <sup>\*</sup> | 76670 | 117 |
| &nbsp;&nbsp;&nbsp; Glaukos Corp <sup>\*</sup> | 8249 | 778 |
| &nbsp;&nbsp;&nbsp; Globus Medical Inc, Cl A <sup>\*</sup> | 18058 | 1069 |
| &nbsp;&nbsp;&nbsp; GRAIL Inc <sup>\*</sup> | 4633 | 178 |
| &nbsp;&nbsp;&nbsp; Guardant Health Inc <sup>\*</sup> | 17800 | 723 |
| &nbsp;&nbsp;&nbsp; Haemonetics Corp <sup>\*</sup> | 8047 | 545 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics Inc <sup>\*</sup> | 20658 | 1158 |
| &nbsp;&nbsp;&nbsp; Harmony Biosciences Holdings Inc <sup>\*</sup> | 5300 | 183 |
| &nbsp;&nbsp;&nbsp; Harrow Inc <sup>\*</sup> | 5200 | 146 |
| &nbsp;&nbsp;&nbsp; Health Catalyst Inc <sup>\*</sup> | 12300 | 47 |
| &nbsp;&nbsp;&nbsp; HealthEquity Inc <sup>\*</sup> | 13100 | 1318 |
| &nbsp;&nbsp;&nbsp; HealthStream Inc  | 3964 | 111 |
| &nbsp;&nbsp;&nbsp; Heron Therapeutics Inc <sup>\*</sup> | 20900 | 39 |
| &nbsp;&nbsp;&nbsp; HilleVax Inc <sup>\*</sup> | 2600 | 5 |
| &nbsp;&nbsp;&nbsp; Hims & Hers Health Inc <sup>\*</sup> | 31100 | 1759 |
| &nbsp;&nbsp;&nbsp; Humacyte Inc <sup>\*</sup> | 14991 | 40 |
| &nbsp;&nbsp;&nbsp; ICU Medical Inc <sup>\*</sup> | 3727 | 503 |
| &nbsp;&nbsp;&nbsp; Ideaya Biosciences Inc <sup>\*</sup> | 12300 | 245 |
| &nbsp;&nbsp;&nbsp; IGM Biosciences Inc <sup>\*</sup> | 1200 | 2 |
| &nbsp;&nbsp;&nbsp; Illumina Inc <sup>\*</sup> | 26100 | 2146 |
| &nbsp;&nbsp;&nbsp; ImmunityBio Inc <sup>\*</sup> | 20800 | 55 |
| &nbsp;&nbsp;&nbsp; Immunome Inc <sup>\*</sup> | 8500 | 74 |
| &nbsp;&nbsp;&nbsp; Immunovant Inc <sup>\*</sup> | 10200 | 151 |
| &nbsp;&nbsp;&nbsp; Inmode Ltd <sup>\*</sup> | 12000 | 176 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Innovage Holding Corp <sup>\*</sup> | 3900 | $16 |
| &nbsp;&nbsp;&nbsp; Innoviva Inc <sup>\*</sup> | 9309 | 182 |
| &nbsp;&nbsp;&nbsp; Inogen Inc <sup>\*</sup> | 4100 | 26 |
| &nbsp;&nbsp;&nbsp; Inozyme Pharma Inc <sup>\*</sup> | 8500 | 34 |
| &nbsp;&nbsp;&nbsp; Insmed Inc <sup>\*</sup> | 26600 | 1855 |
| &nbsp;&nbsp;&nbsp; Inspire Medical Systems Inc <sup>\*</sup> | 4700 | 650 |
| &nbsp;&nbsp;&nbsp; Integer Holdings Corp <sup>\*</sup> | 5630 | 669 |
| &nbsp;&nbsp;&nbsp; Integra LifeSciences Holdings Corp <sup>\*</sup> | 11304 | 143 |
| &nbsp;&nbsp;&nbsp; Intellia Therapeutics Inc <sup>\*</sup> | 16400 | 113 |
| &nbsp;&nbsp;&nbsp; Ionis Pharmaceuticals Inc <sup>\*</sup> | 25894 | 868 |
| &nbsp;&nbsp;&nbsp; Iovance Biotherapeutics Inc <sup>\*</sup> | 38300 | 67 |
| &nbsp;&nbsp;&nbsp; iRadimed Corp  | 1100 | 64 |
| &nbsp;&nbsp;&nbsp; iRhythm Technologies Inc <sup>\*</sup> | 5000 | 703 |
| &nbsp;&nbsp;&nbsp; Ironwood Pharmaceuticals Inc, Cl A <sup>\*</sup> | 27354 | 16 |
| &nbsp;&nbsp;&nbsp; iTeos Therapeutics Inc <sup>\*</sup> | 4600 | 46 |
| &nbsp;&nbsp;&nbsp; Janux Therapeutics Inc <sup>\*</sup> | 4600 | 110 |
| &nbsp;&nbsp;&nbsp; Jasper Therapeutics Inc <sup>\*</sup> | 1900 | 10 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals PLC <sup>\*</sup> | 9500 | 1027 |
| &nbsp;&nbsp;&nbsp; Joint Corp/The <sup>\*</sup> | 3000 | 32 |
| &nbsp;&nbsp;&nbsp; KalVista Pharmaceuticals Inc <sup>\*</sup> | 4700 | 55 |
| &nbsp;&nbsp;&nbsp; Keros Therapeutics Inc <sup>\*</sup> | 4800 | 68 |
| &nbsp;&nbsp;&nbsp; Kiniksa Pharmaceuticals International Plc, Cl A <sup>\*</sup> | 6700 | 183 |
| &nbsp;&nbsp;&nbsp; Kodiak Sciences Inc <sup>\*</sup> | 7600 | 26 |
| &nbsp;&nbsp;&nbsp; Krystal Biotech Inc <sup>\*</sup> | 4200 | 529 |
| &nbsp;&nbsp;&nbsp; Kura Oncology Inc <sup>\*</sup> | 9400 | 54 |
| &nbsp;&nbsp;&nbsp; Kymera Therapeutics Inc <sup>\*</sup> | 7600 | 225 |
| &nbsp;&nbsp;&nbsp; Lantheus Holdings Inc <sup>\*</sup> | 11400 | 861 |
| &nbsp;&nbsp;&nbsp; Larimar Therapeutics Inc <sup>\*</sup> | 6900 | 16 |
| &nbsp;&nbsp;&nbsp; LeMaitre Vascular Inc  | 3600 | 296 |
| &nbsp;&nbsp;&nbsp; LENZ Therapeutics Inc <sup>\*</sup> | 3200 | 93 |
| &nbsp;&nbsp;&nbsp; Lexicon Pharmaceuticals Inc <sup>\*</sup> | 17105 | 11 |
| &nbsp;&nbsp;&nbsp; LifeMD Inc <sup>\*</sup> | 5700 | 70 |
| &nbsp;&nbsp;&nbsp; LifeStance Health Group Inc <sup>\*</sup> | 20600 | 122 |
| &nbsp;&nbsp;&nbsp; Ligand Pharmaceuticals Inc <sup>\*</sup> | 3028 | 309 |
| &nbsp;&nbsp;&nbsp; Liquidia Corp <sup>\*</sup> | 10700 | 160 |
| &nbsp;&nbsp;&nbsp; LivaNova PLC <sup>\*</sup> | 8600 | 372 |
| &nbsp;&nbsp;&nbsp; Lyell Immunopharma Inc <sup>\*</sup> | 33800 | 15 |
| &nbsp;&nbsp;&nbsp; MacroGenics Inc <sup>\*</sup> | 12600 | 17 |
| &nbsp;&nbsp;&nbsp; Madrigal Pharmaceuticals Inc <sup>\*</sup> | 2800 | 771 |
| &nbsp;&nbsp;&nbsp; MannKind Corp <sup>\*</sup> | 43600 | 181 |
| &nbsp;&nbsp;&nbsp; Maravai LifeSciences Holdings Inc, Cl A <sup>\*</sup> | 13018 | 29 |
| &nbsp;&nbsp;&nbsp; Masimo Corp <sup>\*</sup> | 6893 | 1120 |
| &nbsp;&nbsp;&nbsp; MaxCyte Inc <sup>\*</sup> | 20500 | 49 |
| &nbsp;&nbsp;&nbsp; Medpace Holdings Inc <sup>\*</sup> | 3900 | 1150 |
| &nbsp;&nbsp;&nbsp; MeiraGTx Holdings PLC <sup>\*</sup> | 6700 | 34 |
| &nbsp;&nbsp;&nbsp; Merit Medical Systems Inc <sup>\*</sup> | 9075 | 862 |
| &nbsp;&nbsp;&nbsp; Mersana Therapeutics Inc <sup>\*</sup> | 15600 | 5 |
| &nbsp;&nbsp;&nbsp; Mesa Laboratories Inc  | 1100 | 111 |
| &nbsp;&nbsp;&nbsp; Metsera Inc <sup>\*</sup> | 3500 | 94 |
| &nbsp;&nbsp;&nbsp; MiMedx Group Inc <sup>\*</sup> | 22700 | 146 |
| &nbsp;&nbsp;&nbsp; Mind Medicine MindMed Inc <sup>\*</sup> | 11800 | 86 |
| &nbsp;&nbsp;&nbsp; Mineralys Therapeutics Inc <sup>\*</sup> | 4700 | 73 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Mirum Pharmaceuticals Inc <sup>\*</sup> | 6400 | $285 |
| &nbsp;&nbsp;&nbsp; ModivCare Inc <sup>\*</sup> | 2458 | 3 |
| &nbsp;&nbsp;&nbsp; Monte Rosa Therapeutics Inc <sup>\*</sup> | 8900 | 37 |
| &nbsp;&nbsp;&nbsp; Myriad Genetics Inc <sup>\*</sup> | 14226 | 60 |
| &nbsp;&nbsp;&nbsp; Nano-X Imaging Ltd, Cl X <sup>\*</sup> | 11200 | 57 |
| &nbsp;&nbsp;&nbsp; Natera Inc <sup>\*</sup> | 18000 | 2839 |
| &nbsp;&nbsp;&nbsp; National HealthCare Corp  | 1994 | 208 |
| &nbsp;&nbsp;&nbsp; National Research Corp, Cl A  | 3212 | 43 |
| &nbsp;&nbsp;&nbsp; Nautilus Biotechnology Inc, Cl A <sup>\*</sup> | 6155 | 5 |
| &nbsp;&nbsp;&nbsp; Neogen Corp <sup>\*</sup> | 35012 | 205 |
| &nbsp;&nbsp;&nbsp; NeoGenomics Inc <sup>\*</sup> | 18300 | 133 |
| &nbsp;&nbsp;&nbsp; Neumora Therapeutics Inc <sup>\*</sup> | 13800 | 10 |
| &nbsp;&nbsp;&nbsp; Neurocrine Biosciences Inc <sup>\*</sup> | 16400 | 2018 |
| &nbsp;&nbsp;&nbsp; Neurogene Inc <sup>\*</sup> | 1700 | 29 |
| &nbsp;&nbsp;&nbsp; Nkarta Inc <sup>\*</sup> | 7474 | 13 |
| &nbsp;&nbsp;&nbsp; Novavax Inc <sup>\*</sup> | 23268 | 171 |
| &nbsp;&nbsp;&nbsp; Novocure Ltd <sup>\*</sup> | 15700 | 300 |
| &nbsp;&nbsp;&nbsp; Nurix Therapeutics Inc <sup>\*</sup> | 10000 | 106 |
| &nbsp;&nbsp;&nbsp; Nuvalent Inc, Cl A <sup>\*</sup> | 5500 | 410 |
| &nbsp;&nbsp;&nbsp; Nuvation Bio Inc <sup>\*</sup> | 34000 | 72 |
| &nbsp;&nbsp;&nbsp; Ocugen Inc <sup>\*</sup> | 42100 | 35 |
| &nbsp;&nbsp;&nbsp; Ocular Therapeutix Inc <sup>\*</sup> | 29500 | 236 |
| &nbsp;&nbsp;&nbsp; Olema Pharmaceuticals Inc <sup>\*</sup> | 7200 | 38 |
| &nbsp;&nbsp;&nbsp; Omeros Corp <sup>\*</sup> | 4300 | 13 |
| &nbsp;&nbsp;&nbsp; OmniAb Inc, Cl W <sup>\*</sup> | 16797 | 21 |
| &nbsp;&nbsp;&nbsp; Omnicell Inc <sup>\*</sup> | 7612 | 231 |
| &nbsp;&nbsp;&nbsp; OPKO Health Inc <sup>\*</sup> | 53584 | 73 |
| &nbsp;&nbsp;&nbsp; OptimizeRx Corp <sup>\*</sup> | 4000 | 49 |
| &nbsp;&nbsp;&nbsp; Option Care Health Inc <sup>\*</sup> | 26727 | 873 |
| &nbsp;&nbsp;&nbsp; OraSure Technologies Inc <sup>\*</sup> | 16939 | 49 |
| &nbsp;&nbsp;&nbsp; Organogenesis Holdings Inc, Cl A <sup>\*</sup> | 12321 | 34 |
| &nbsp;&nbsp;&nbsp; Organon & Co  | 40800 | 376 |
| &nbsp;&nbsp;&nbsp; ORIC Pharmaceuticals Inc <sup>\*</sup> | 6200 | 51 |
| &nbsp;&nbsp;&nbsp; Orthofix Medical Inc <sup>\*</sup> | 6953 | 78 |
| &nbsp;&nbsp;&nbsp; OrthoPediatrics Corp <sup>\*</sup> | 2800 | 56 |
| &nbsp;&nbsp;&nbsp; Outlook Therapeutics Inc <sup>\*</sup> | 935 | 2 |
| &nbsp;&nbsp;&nbsp; Owens & Minor Inc <sup>\*</sup> | 11239 | 74 |
| &nbsp;&nbsp;&nbsp; Pacific Biosciences of California Inc <sup>\*</sup> | 46800 | 45 |
| &nbsp;&nbsp;&nbsp; Pacira BioSciences Inc <sup>\*</sup> | 6545 | 169 |
| &nbsp;&nbsp;&nbsp; PACS Group Inc <sup>\*</sup> | 7000 | 69 |
| &nbsp;&nbsp;&nbsp; Pediatrix Medical Group Inc <sup>\*</sup> | 14856 | 210 |
| &nbsp;&nbsp;&nbsp; Pennant Group Inc/The <sup>\*</sup> | 6768 | 194 |
| &nbsp;&nbsp;&nbsp; Penumbra Inc <sup>\*</sup> | 5900 | 1575 |
| &nbsp;&nbsp;&nbsp; PepGen Inc <sup>\*</sup> | 2600 | 4 |
| &nbsp;&nbsp;&nbsp; Perrigo Co PLC  | 21400 | 573 |
| &nbsp;&nbsp;&nbsp; Perspective Therapeutics Inc <sup>\*</sup> | 7700 | 20 |
| &nbsp;&nbsp;&nbsp; Phathom Pharmaceuticals Inc <sup>\*</sup> | 5900 | 25 |
| &nbsp;&nbsp;&nbsp; Phibro Animal Health Corp, Cl A  | 4800 | 117 |
| &nbsp;&nbsp;&nbsp; Phreesia Inc <sup>\*</sup> | 8400 | 206 |
| &nbsp;&nbsp;&nbsp; Pliant Therapeutics Inc <sup>\*</sup> | 11200 | 15 |
| &nbsp;&nbsp;&nbsp; Praxis Precision Medicines Inc <sup>\*</sup> | 2800 | 108 |
| &nbsp;&nbsp;&nbsp; Precigen Inc <sup>\*</sup> | 21300 | 28 |
| &nbsp;&nbsp;&nbsp; Premier Inc, Cl A  | 13900 | 319 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Prestige Consumer Healthcare Inc <sup>\*</sup> | 7779 | $666 |
| &nbsp;&nbsp;&nbsp; Prime Medicine Inc <sup>\*</sup> | 7800 | 9 |
| &nbsp;&nbsp;&nbsp; Privia Health Group Inc <sup>\*</sup> | 16800 | 382 |
| &nbsp;&nbsp;&nbsp; PROCEPT BioRobotics Corp <sup>\*</sup> | 7200 | 418 |
| &nbsp;&nbsp;&nbsp; Progyny Inc <sup>\*</sup> | 11700 | 252 |
| &nbsp;&nbsp;&nbsp; ProKidney Corp, Cl A <sup>\*</sup> | 12200 | 9 |
| &nbsp;&nbsp;&nbsp; Protagonist Therapeutics Inc <sup>\*</sup> | 9800 | 465 |
| &nbsp;&nbsp;&nbsp; Prothena Corp PLC <sup>\*</sup> | 7900 | 36 |
| &nbsp;&nbsp;&nbsp; PTC Therapeutics Inc <sup>\*</sup> | 12200 | 592 |
| &nbsp;&nbsp;&nbsp; Pulmonx Corp <sup>\*</sup> | 6600 | 22 |
| &nbsp;&nbsp;&nbsp; Pulse Biosciences Inc <sup>\*</sup> | 4500 | 78 |
| &nbsp;&nbsp;&nbsp; QIAGEN NV <sup>\*</sup> | 33592 | 1516 |
| &nbsp;&nbsp;&nbsp; Quanterix Corp <sup>\*</sup> | 7000 | 36 |
| &nbsp;&nbsp;&nbsp; Quantum-Si Inc <sup>\*</sup> | 21500 | 36 |
| &nbsp;&nbsp;&nbsp; QuidelOrtho Corp <sup>\*</sup> | 10271 | 315 |
| &nbsp;&nbsp;&nbsp; RadNet Inc <sup>\*</sup> | 11300 | 650 |
| &nbsp;&nbsp;&nbsp; RAPT Therapeutics Inc <sup>\*</sup> | 5700 | 5 |
| &nbsp;&nbsp;&nbsp; Recursion Pharmaceuticals Inc, Cl A <sup>\*</sup> | 34000 | 142 |
| &nbsp;&nbsp;&nbsp; REGENXBIO Inc <sup>\*</sup> | 9300 | 82 |
| &nbsp;&nbsp;&nbsp; Regulus Therapeutics Inc <sup>\*</sup> | 15800 | 125 |
| &nbsp;&nbsp;&nbsp; Relay Therapeutics Inc <sup>\*</sup> | 15500 | 47 |
| &nbsp;&nbsp;&nbsp; Repligen Corp <sup>\*</sup> | 8822 | 1042 |
| &nbsp;&nbsp;&nbsp; Replimune Group Inc, Cl Rights <sup>\*</sup> | 7600 | 68 |
| &nbsp;&nbsp;&nbsp; REVOLUTION Medicines Inc <sup>\*</sup> | 27403 | 1080 |
| &nbsp;&nbsp;&nbsp; Rhythm Pharmaceuticals Inc <sup>\*</sup> | 8800 | 540 |
| &nbsp;&nbsp;&nbsp; Rigel Pharmaceuticals Inc <sup>\*</sup> | 3705 | 71 |
| &nbsp;&nbsp;&nbsp; Rocket Pharmaceuticals Inc <sup>\*</sup> | 11300 | 28 |
| &nbsp;&nbsp;&nbsp; Roivant Sciences Ltd <sup>\*</sup> | 68200 | 750 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma PLC, Cl A  | 61900 | 2035 |
| &nbsp;&nbsp;&nbsp; RxSight Inc <sup>\*</sup> | 5600 | 86 |
| &nbsp;&nbsp;&nbsp; Sage Therapeutics Inc <sup>\*</sup> | 10700 | 69 |
| &nbsp;&nbsp;&nbsp; Sana Biotechnology Inc <sup>\*</sup> | 18300 | 40 |
| &nbsp;&nbsp;&nbsp; Sarepta Therapeutics Inc <sup>\*</sup> | 14400 | 541 |
| &nbsp;&nbsp;&nbsp; Savara Inc <sup>\*</sup> | 24200 | 55 |
| &nbsp;&nbsp;&nbsp; Scholar Rock Holding Corp <sup>\*</sup> | 12100 | 351 |
| &nbsp;&nbsp;&nbsp; Schrodinger Inc/United States <sup>\*</sup> | 9700 | 210 |
| &nbsp;&nbsp;&nbsp; Scilex Holding Co <sup>\*</sup> | 349 | 2 |
| &nbsp;&nbsp;&nbsp; Select Medical Holdings Corp  | 15765 | 241 |
| &nbsp;&nbsp;&nbsp; Semler Scientific Inc <sup>\*</sup> | 1000 | 40 |
| &nbsp;&nbsp;&nbsp; SEPTERNA INC <sup>\*</sup> | 3800 | 35 |
| &nbsp;&nbsp;&nbsp; SI-BONE Inc <sup>\*</sup> | 7300 | 138 |
| &nbsp;&nbsp;&nbsp; SIGA Technologies Inc <sup>\*</sup> | 10000 | 60 |
| &nbsp;&nbsp;&nbsp; Sight Sciences Inc <sup>\*</sup> | 2400 | 9 |
| &nbsp;&nbsp;&nbsp; Simulations Plus Inc  | 1700 | 54 |
| &nbsp;&nbsp;&nbsp; Soleno Therapeutics Inc <sup>\*</sup> | 3600 | 264 |
| &nbsp;&nbsp;&nbsp; Sotera Health Co <sup>\*</sup> | 25624 | 314 |
| &nbsp;&nbsp;&nbsp; SpringWorks Therapeutics Inc <sup>\*</sup> | 11000 | 514 |
| &nbsp;&nbsp;&nbsp; Spyre Therapeutics Inc <sup>\*</sup> | 5700 | 87 |
| &nbsp;&nbsp;&nbsp; STAAR Surgical Co <sup>\*</sup> | 7378 | 131 |
| &nbsp;&nbsp;&nbsp; Standard BioTools Inc <sup>\*</sup> | 49600 | 50 |
| &nbsp;&nbsp;&nbsp; Stoke Therapeutics Inc <sup>\*</sup> | 4300 | 41 |
| &nbsp;&nbsp;&nbsp; Summit Therapeutics Inc <sup>\*</sup> | 14200 | 259 |
| &nbsp;&nbsp;&nbsp; Supernus Pharmaceuticals Inc <sup>\*</sup> | 9100 | 288 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Surgery Partners Inc <sup>\*</sup> | 12000 | $283 |
| &nbsp;&nbsp;&nbsp; Surmodics Inc <sup>\*</sup> | 3044 | 88 |
| &nbsp;&nbsp;&nbsp; Sutro Biopharma Inc <sup>\*</sup> | 9400 | 8 |
| &nbsp;&nbsp;&nbsp; Syndax Pharmaceuticals Inc <sup>\*</sup> | 11200 | 118 |
| &nbsp;&nbsp;&nbsp; Tactile Systems Technology Inc <sup>\*</sup> | 4900 | 48 |
| &nbsp;&nbsp;&nbsp; Talkspace Inc <sup>\*</sup> | 20200 | 64 |
| &nbsp;&nbsp;&nbsp; Tandem Diabetes Care Inc <sup>\*</sup> | 9200 | 182 |
| &nbsp;&nbsp;&nbsp; Tango Therapeutics Inc <sup>\*</sup> | 5100 | 11 |
| &nbsp;&nbsp;&nbsp; Tarsus Pharmaceuticals Inc <sup>\*</sup> | 6000 | 258 |
| &nbsp;&nbsp;&nbsp; Taysha Gene Therapies Inc <sup>\*</sup> | 26300 | 71 |
| &nbsp;&nbsp;&nbsp; Teladoc Health Inc <sup>\*</sup> | 28340 | 196 |
| &nbsp;&nbsp;&nbsp; Teleflex Inc  | 7600 | 929 |
| &nbsp;&nbsp;&nbsp; Tenaya Therapeutics Inc <sup>\*</sup> | 3000 | 1 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp <sup>\*</sup> | 14900 | 2515 |
| &nbsp;&nbsp;&nbsp; Terns Pharmaceuticals Inc <sup>\*</sup> | 5200 | 16 |
| &nbsp;&nbsp;&nbsp; TG Therapeutics Inc <sup>\*</sup> | 22700 | 797 |
| &nbsp;&nbsp;&nbsp; Theravance Biopharma Inc <sup>\*</sup> | 6045 | 55 |
| &nbsp;&nbsp;&nbsp; Third Harmonic Bio Inc <sup>\*</sup> | 3300 | 17 |
| &nbsp;&nbsp;&nbsp; Tourmaline Bio Inc <sup>\*</sup> | 3800 | 63 |
| &nbsp;&nbsp;&nbsp; TransMedics Group Inc <sup>\*</sup> | 4800 | 610 |
| &nbsp;&nbsp;&nbsp; Travere Therapeutics Inc <sup>\*</sup> | 12700 | 191 |
| &nbsp;&nbsp;&nbsp; Treace Medical Concepts Inc <sup>\*</sup> | 6200 | 36 |
| &nbsp;&nbsp;&nbsp; Trevi Therapeutics Inc <sup>\*</sup> | 15800 | 103 |
| &nbsp;&nbsp;&nbsp; TScan Therapeutics Inc <sup>\*</sup> | 6300 | 9 |
| &nbsp;&nbsp;&nbsp; Twist Bioscience Corp <sup>\*</sup> | 10100 | 296 |
| &nbsp;&nbsp;&nbsp; Tyra Biosciences Inc <sup>\*</sup> | 2600 | 24 |
| &nbsp;&nbsp;&nbsp; UFP Technologies Inc <sup>\*</sup> | 1200 | 281 |
| &nbsp;&nbsp;&nbsp; Ultragenyx Pharmaceutical Inc <sup>\*</sup> | 15300 | 521 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp <sup>\*</sup> | 6864 | 2189 |
| &nbsp;&nbsp;&nbsp; UroGen Pharma Ltd <sup>\*</sup> | 5900 | 25 |
| &nbsp;&nbsp;&nbsp; US Physical Therapy Inc  | 1926 | 144 |
| &nbsp;&nbsp;&nbsp; Utah Medical Products Inc  | 1000 | 55 |
| &nbsp;&nbsp;&nbsp; Vanda Pharmaceuticals Inc <sup>\*</sup> | 11800 | 51 |
| &nbsp;&nbsp;&nbsp; Varex Imaging Corp <sup>\*</sup> | 8600 | 66 |
| &nbsp;&nbsp;&nbsp; Vaxcyte Inc <sup>\*</sup> | 19900 | 647 |
| &nbsp;&nbsp;&nbsp; Veeva Systems Inc, Cl A <sup>\*</sup> | 23893 | 6683 |
| &nbsp;&nbsp;&nbsp; Ventyx Biosciences Inc <sup>\*</sup> | 9300 | 16 |
| &nbsp;&nbsp;&nbsp; Vera Therapeutics Inc, Cl A <sup>\*</sup> | 6700 | 127 |
| &nbsp;&nbsp;&nbsp; Veracyte Inc <sup>\*</sup> | 12300 | 327 |
| &nbsp;&nbsp;&nbsp; Verastem Inc <sup>\*</sup> | 11700 | 88 |
| &nbsp;&nbsp;&nbsp; Vericel Corp <sup>\*</sup> | 8000 | 330 |
| &nbsp;&nbsp;&nbsp; Verve Therapeutics Inc <sup>\*</sup> | 10000 | 45 |
| &nbsp;&nbsp;&nbsp; Viemed Healthcare Inc <sup>\*</sup> | 1000 | 7 |
| &nbsp;&nbsp;&nbsp; Viking Therapeutics Inc <sup>\*</sup> | 15900 | 426 |
| &nbsp;&nbsp;&nbsp; Vir Biotechnology Inc <sup>\*</sup> | 13100 | 65 |
| &nbsp;&nbsp;&nbsp; Viridian Therapeutics Inc <sup>\*</sup> | 10300 | 143 |
| &nbsp;&nbsp;&nbsp; Voyager Therapeutics Inc <sup>\*</sup> | 10800 | 30 |
| &nbsp;&nbsp;&nbsp; WaVe Life Sciences Ltd <sup>\*</sup> | 15300 | 92 |
| &nbsp;&nbsp;&nbsp; Waystar Holding Corp <sup>\*</sup> | 13000 | 520 |
| &nbsp;&nbsp;&nbsp; Xencor Inc <sup>\*</sup> | 10000 | 80 |
| &nbsp;&nbsp;&nbsp; Xeris Biopharma Holdings Inc <sup>\*</sup> | 29100 | 144 |
| &nbsp;&nbsp;&nbsp; Y-mAbs Therapeutics Inc <sup>\*</sup> | 2600 | 12 |
| &nbsp;&nbsp;&nbsp; Zentalis Pharmaceuticals Inc <sup>\*</sup> | 10300 | 12 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Zevra Therapeutics Inc <sup>\*</sup> | 11000 | $94 |
| &nbsp;&nbsp;&nbsp; Zimvie Inc <sup>\*</sup> | 4800 | 44 |
| &nbsp;&nbsp;&nbsp; Zymeworks Inc <sup>\*</sup> | 10600 | 121 |
| &nbsp;&nbsp;&nbsp; Zynex Inc <sup>\*</sup> | 4180 | 10 |
|  |  | 120241 |
| **Industrials — 17.7%** | **Industrials — 17.7%** |  |
| &nbsp;&nbsp;&nbsp; 3D Systems Corp <sup>\*</sup> | 27947 | 43 |
| &nbsp;&nbsp;&nbsp; AAON Inc  | 11075 | 1066 |
| &nbsp;&nbsp;&nbsp; AAR Corp <sup>\*</sup> | 6029 | 370 |
| &nbsp;&nbsp;&nbsp; ABM Industries Inc  | 10155 | 535 |
| &nbsp;&nbsp;&nbsp; ACCO Brands Corp  | 8129 | 29 |
| &nbsp;&nbsp;&nbsp; Acuity Brands Inc  | 4725 | 1228 |
| &nbsp;&nbsp;&nbsp; ACV Auctions Inc, Cl A <sup>\*</sup> | 24200 | 396 |
| &nbsp;&nbsp;&nbsp; Advanced Drainage Systems Inc  | 11100 | 1221 |
| &nbsp;&nbsp;&nbsp; AECOM  | 21648 | 2378 |
| &nbsp;&nbsp;&nbsp; AeroVironment Inc <sup>\*</sup> | 4325 | 770 |
| &nbsp;&nbsp;&nbsp; AerSale Corp <sup>\*</sup> | 7700 | 45 |
| &nbsp;&nbsp;&nbsp; AGCO Corp  | 9723 | 953 |
| &nbsp;&nbsp;&nbsp; Air Lease Corp, Cl A  | 16731 | 964 |
| &nbsp;&nbsp;&nbsp; Alamo Group Inc  | 1535 | 304 |
| &nbsp;&nbsp;&nbsp; Alaska Air Group Inc <sup>\*</sup> | 19800 | 1008 |
| &nbsp;&nbsp;&nbsp; Albany International Corp, Cl A  | 4898 | 324 |
| &nbsp;&nbsp;&nbsp; Alight Inc, Cl A <sup>\*</sup> | 73200 | 400 |
| &nbsp;&nbsp;&nbsp; Allegiant Travel Co, Cl A  | 2050 | 114 |
| &nbsp;&nbsp;&nbsp; Allient Inc  | 2650 | 81 |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings Inc  | 13976 | 1447 |
| &nbsp;&nbsp;&nbsp; Alta Equipment Group Inc  | 4403 | 21 |
| &nbsp;&nbsp;&nbsp; Amentum Holdings Inc <sup>\*</sup> | 25400 | 525 |
| &nbsp;&nbsp;&nbsp; Ameresco Inc, Cl A <sup>\*</sup> | 5279 | 73 |
| &nbsp;&nbsp;&nbsp; American Airlines Group Inc <sup>\*</sup> | 103300 | 1179 |
| &nbsp;&nbsp;&nbsp; American Superconductor Corp <sup>\*</sup> | 5600 | 158 |
| &nbsp;&nbsp;&nbsp; American Woodmark Corp <sup>\*</sup> | 2284 | 129 |
| &nbsp;&nbsp;&nbsp; API Group Corp <sup>\*</sup> | 37400 | 1745 |
| &nbsp;&nbsp;&nbsp; Apogee Enterprises Inc  | 2911 | 113 |
| &nbsp;&nbsp;&nbsp; Applied Industrial Technologies Inc  | 6061 | 1373 |
| &nbsp;&nbsp;&nbsp; ArcBest Corp  | 3790 | 238 |
| &nbsp;&nbsp;&nbsp; Archer Aviation Inc, Cl A <sup>\*</sup> | 54800 | 553 |
| &nbsp;&nbsp;&nbsp; Arcosa Inc  | 7713 | 665 |
| &nbsp;&nbsp;&nbsp; Argan Inc  | 2079 | 437 |
| &nbsp;&nbsp;&nbsp; Armstrong World Industries Inc  | 6977 | 1086 |
| &nbsp;&nbsp;&nbsp; Array Technologies Inc <sup>\*</sup> | 28987 | 191 |
| &nbsp;&nbsp;&nbsp; Astec Industries Inc  | 2763 | 109 |
| &nbsp;&nbsp;&nbsp; Astronics Corp <sup>\*</sup> | 3874 | 121 |
| &nbsp;&nbsp;&nbsp; Astronics Corp, Cl B <sup>\*</sup> | 2395 | 71 |
| &nbsp;&nbsp;&nbsp; ATI Inc <sup>\*</sup> | 20200 | 1609 |
| &nbsp;&nbsp;&nbsp; Atkore Inc  | 5700 | 371 |
| &nbsp;&nbsp;&nbsp; Atmus Filtration Technologies Inc  | 14100 | 508 |
| &nbsp;&nbsp;&nbsp; Avis Budget Group Inc <sup>\*</sup> | 2660 | 324 |
| &nbsp;&nbsp;&nbsp; AZEK Co Inc/The, Cl A <sup>\*</sup> | 22800 | 1129 |
| &nbsp;&nbsp;&nbsp; AZZ Inc  | 4796 | 435 |
| &nbsp;&nbsp;&nbsp; Barrett Business Services Inc  | 5036 | 208 |
| &nbsp;&nbsp;&nbsp; BlackSky Technology Inc, Cl A <sup>\*</sup> | 5600 | 63 |
| &nbsp;&nbsp;&nbsp; Blade Air Mobility Inc <sup>\*</sup> | 12600 | 44 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Blink Charging Co <sup>\*</sup> | 8500 | $6 |
| &nbsp;&nbsp;&nbsp; Bloom Energy Corp, Cl A <sup>\*</sup> | 32800 | 606 |
| &nbsp;&nbsp;&nbsp; Blue Bird Corp <sup>\*</sup> | 4392 | 170 |
| &nbsp;&nbsp;&nbsp; BlueLinx Holdings Inc <sup>\*</sup> | 1000 | 67 |
| &nbsp;&nbsp;&nbsp; Boise Cascade Co  | 5970 | 519 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp, Cl A  | 20565 | 2185 |
| &nbsp;&nbsp;&nbsp; Bowman Consulting Group Ltd, Cl A <sup>\*</sup> | 3000 | 75 |
| &nbsp;&nbsp;&nbsp; BrightView Holdings Inc <sup>\*</sup> | 9600 | 150 |
| &nbsp;&nbsp;&nbsp; Brink's Co/The  | 6906 | 567 |
| &nbsp;&nbsp;&nbsp; Brookfield Business Corp, Cl A  | 4800 | 137 |
| &nbsp;&nbsp;&nbsp; BROOKFIELD INFRASTRUCTURE-A, Cl A <sup>\*</sup> | 19050 | 754 |
| &nbsp;&nbsp;&nbsp; BWX Technologies Inc  | 14724 | 1849 |
| &nbsp;&nbsp;&nbsp; Byrna Technologies Inc <sup>\*</sup> | 3400 | 91 |
| &nbsp;&nbsp;&nbsp; CACI International Inc, Cl A <sup>\*</sup> | 3532 | 1512 |
| &nbsp;&nbsp;&nbsp; Cadre Holdings Inc  | 3700 | 121 |
| &nbsp;&nbsp;&nbsp; Carlisle Cos Inc  | 7377 | 2805 |
| &nbsp;&nbsp;&nbsp; Casella Waste Systems Inc, Cl A <sup>\*</sup> | 9791 | 1148 |
| &nbsp;&nbsp;&nbsp; CBIZ Inc <sup>\*</sup> | 7645 | 552 |
| &nbsp;&nbsp;&nbsp; CECO Environmental Corp <sup>\*</sup> | 3300 | 89 |
| &nbsp;&nbsp;&nbsp; Centuri Holdings Inc <sup>\*</sup> | 2200 | 46 |
| &nbsp;&nbsp;&nbsp; ChargePoint Holdings Inc <sup>\*</sup> | 55200 | 38 |
| &nbsp;&nbsp;&nbsp; Chart Industries Inc <sup>\*</sup> | 6572 | 1031 |
| &nbsp;&nbsp;&nbsp; Cimpress PLC <sup>\*</sup> | 2299 | 102 |
| &nbsp;&nbsp;&nbsp; Clarivate PLC <sup>\*</sup> | 60600 | 256 |
| &nbsp;&nbsp;&nbsp; Clean Harbors Inc <sup>\*</sup> | 8176 | 1854 |
| &nbsp;&nbsp;&nbsp; CNH Industrial NV <sup>\*</sup> | 135900 | 1700 |
| &nbsp;&nbsp;&nbsp; Columbus McKinnon Corp/NY  | 3665 | 53 |
| &nbsp;&nbsp;&nbsp; Comfort Systems USA Inc  | 5791 | 2769 |
| &nbsp;&nbsp;&nbsp; CompX International Inc  | 400 | 10 |
| &nbsp;&nbsp;&nbsp; Concentrix Corp  | 7081 | 396 |
| &nbsp;&nbsp;&nbsp; Concrete Pumping Holdings Inc <sup>\*</sup> | 3900 | 27 |
| &nbsp;&nbsp;&nbsp; Conduent Inc <sup>\*</sup> | 15000 | 34 |
| &nbsp;&nbsp;&nbsp; Construction Partners Inc, Cl A <sup>\*</sup> | 7600 | 796 |
| &nbsp;&nbsp;&nbsp; Core & Main Inc, Cl A <sup>\*</sup> | 30300 | 1661 |
| &nbsp;&nbsp;&nbsp; CoreCivic Inc <sup>\*</sup><sup>‡</sup> | 18802 | 413 |
| &nbsp;&nbsp;&nbsp; COSTAMARE BULKERS HOLDING <sup>\*</sup> | 1420 | 13 |
| &nbsp;&nbsp;&nbsp; Costamare Inc  | 7100 | 61 |
| &nbsp;&nbsp;&nbsp; Covenant Logistics Group Inc, Cl A  | 2800 | 64 |
| &nbsp;&nbsp;&nbsp; CRA International Inc  | 905 | 172 |
| &nbsp;&nbsp;&nbsp; Crane Co  | 7929 | 1359 |
| &nbsp;&nbsp;&nbsp; CSG Systems International Inc  | 4817 | 318 |
| &nbsp;&nbsp;&nbsp; CSW Industrials Inc  | 2800 | 856 |
| &nbsp;&nbsp;&nbsp; Curtiss-Wright Corp  | 5978 | 2631 |
| &nbsp;&nbsp;&nbsp; Custom Truck One Source Inc <sup>\*</sup> | 14400 | 62 |
| &nbsp;&nbsp;&nbsp; Deluxe Corp  | 5254 | 75 |
| &nbsp;&nbsp;&nbsp; Distribution Solutions Group Inc <sup>\*</sup> | 400 | 11 |
| &nbsp;&nbsp;&nbsp; DNOW Inc <sup>\*</sup> | 17300 | 249 |
| &nbsp;&nbsp;&nbsp; Donaldson Co Inc  | 18546 | 1290 |
| &nbsp;&nbsp;&nbsp; Douglas Dynamics Inc  | 2122 | 58 |
| &nbsp;&nbsp;&nbsp; Driven Brands Holdings Inc <sup>\*</sup> | 10500 | 187 |
| &nbsp;&nbsp;&nbsp; Ducommun Inc <sup>\*</sup> | 2400 | 169 |
| &nbsp;&nbsp;&nbsp; Dun & Bradstreet Holdings Inc  | 52700 | 475 |
| &nbsp;&nbsp;&nbsp; DXP Enterprises Inc/TX <sup>\*</sup> | 2262 | 187 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Dycom Industries Inc <sup>\*</sup> | 4707 | $1082 |
| &nbsp;&nbsp;&nbsp; EMCOR Group Inc  | 7187 | 3391 |
| &nbsp;&nbsp;&nbsp; Energy Recovery Inc <sup>\*</sup> | 10300 | 130 |
| &nbsp;&nbsp;&nbsp; Energy Vault Holdings Inc <sup>\*</sup> | 13900 | 11 |
| &nbsp;&nbsp;&nbsp; Enerpac Tool Group Corp, Cl A  | 9442 | 405 |
| &nbsp;&nbsp;&nbsp; EnerSys  | 6383 | 534 |
| &nbsp;&nbsp;&nbsp; Ennis Inc  | 5288 | 99 |
| &nbsp;&nbsp;&nbsp; Enovix Corp <sup>\*</sup> | 27300 | 208 |
| &nbsp;&nbsp;&nbsp; Enpro Inc  | 3268 | 605 |
| &nbsp;&nbsp;&nbsp; Enviri Corp <sup>\*</sup> | 8128 | 66 |
| &nbsp;&nbsp;&nbsp; Esab Corp  | 9162 | 1127 |
| &nbsp;&nbsp;&nbsp; ESCO Technologies Inc  | 3977 | 721 |
| &nbsp;&nbsp;&nbsp; EVERUS CONSTRUCTION GROUP <sup>\*</sup> | 7458 | 432 |
| &nbsp;&nbsp;&nbsp; ExlService Holdings Inc <sup>\*</sup> | 25215 | 1160 |
| &nbsp;&nbsp;&nbsp; Exponent Inc  | 8272 | 631 |
| &nbsp;&nbsp;&nbsp; Federal Signal Corp  | 9747 | 917 |
| &nbsp;&nbsp;&nbsp; Ferguson Enterprises Inc  | 32400 | 5908 |
| &nbsp;&nbsp;&nbsp; First Advantage Corp <sup>\*</sup> | 7916 | 136 |
| &nbsp;&nbsp;&nbsp; Flowserve Corp  | 21300 | 1063 |
| &nbsp;&nbsp;&nbsp; Fluence Energy Inc, Cl A <sup>\*</sup> | 9400 | 44 |
| &nbsp;&nbsp;&nbsp; Fluor Corp <sup>\*</sup> | 27500 | 1143 |
| &nbsp;&nbsp;&nbsp; Forrester Research Inc <sup>\*</sup> | 2464 | 26 |
| &nbsp;&nbsp;&nbsp; Fortune Brands Innovations Inc  | 19700 | 993 |
| &nbsp;&nbsp;&nbsp; Forward Air Corp <sup>\*</sup> | 2918 | 49 |
| &nbsp;&nbsp;&nbsp; Franklin Covey Co <sup>\*</sup> | 1404 | 33 |
| &nbsp;&nbsp;&nbsp; Franklin Electric Co Inc  | 7481 | 646 |
| &nbsp;&nbsp;&nbsp; Frontier Group Holdings Inc <sup>\*</sup> | 9200 | 37 |
| &nbsp;&nbsp;&nbsp; FTAI Aviation Ltd  | 15700 | 1839 |
| &nbsp;&nbsp;&nbsp; FTAI Infrastructure Inc  | 19500 | 119 |
| &nbsp;&nbsp;&nbsp; FTI Consulting Inc <sup>\*</sup> | 5868 | 963 |
| &nbsp;&nbsp;&nbsp; FuelCell Energy Inc <sup>\*</sup> | 2856 | 15 |
| &nbsp;&nbsp;&nbsp; Gates Industrial Corp PLC <sup>\*</sup> | 36500 | 772 |
| &nbsp;&nbsp;&nbsp; GATX Corp  | 5652 | 900 |
| &nbsp;&nbsp;&nbsp; Genco Shipping & Trading Ltd  | 7300 | 97 |
| &nbsp;&nbsp;&nbsp; Genpact Ltd  | 27450 | 1182 |
| &nbsp;&nbsp;&nbsp; GEO Group Inc/The <sup>\*</sup> | 20485 | 556 |
| &nbsp;&nbsp;&nbsp; Gibraltar Industries Inc <sup>\*</sup> | 4260 | 250 |
| &nbsp;&nbsp;&nbsp; Global Industrial Co  | 2900 | 76 |
| &nbsp;&nbsp;&nbsp; GMS Inc <sup>\*</sup> | 6700 | 507 |
| &nbsp;&nbsp;&nbsp; Golden Ocean Group Ltd  | 20100 | 155 |
| &nbsp;&nbsp;&nbsp; Gorman-Rupp Co/The  | 3377 | 123 |
| &nbsp;&nbsp;&nbsp; Graco Inc  | 27405 | 2320 |
| &nbsp;&nbsp;&nbsp; GrafTech International Ltd <sup>\*</sup> | 46100 | 46 |
| &nbsp;&nbsp;&nbsp; Graham Corp <sup>\*</sup> | 1700 | 67 |
| &nbsp;&nbsp;&nbsp; Granite Construction Inc  | 7334 | 656 |
| &nbsp;&nbsp;&nbsp; Great Lakes Dredge & Dock Corp <sup>\*</sup> | 6880 | 77 |
| &nbsp;&nbsp;&nbsp; Greenbrier Cos Inc/The  | 5023 | 226 |
| &nbsp;&nbsp;&nbsp; Griffon Corp  | 6537 | 449 |
| &nbsp;&nbsp;&nbsp; GXO Logistics Inc <sup>\*</sup> | 18090 | 744 |
| &nbsp;&nbsp;&nbsp; H&E Equipment Services Inc  | 5525 | 523 |
| &nbsp;&nbsp;&nbsp; Hayward Holdings Inc <sup>\*</sup> | 25600 | 357 |
| &nbsp;&nbsp;&nbsp; Healthcare Services Group Inc <sup>\*</sup> | 12139 | 171 |
| &nbsp;&nbsp;&nbsp; Heartland Express Inc  | 9772 | 87 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; HEICO Corp  | 7218 | $2163 |
| &nbsp;&nbsp;&nbsp; HEICO Corp, Cl A  | 12782 | 3015 |
| &nbsp;&nbsp;&nbsp; Heidrick & Struggles International Inc  | 3652 | 159 |
| &nbsp;&nbsp;&nbsp; Helios Technologies Inc  | 6477 | 196 |
| &nbsp;&nbsp;&nbsp; Herc Holdings Inc  | 4567 | 566 |
| &nbsp;&nbsp;&nbsp; Hertz Global Holdings Inc <sup>\*</sup> | 26900 | 176 |
| &nbsp;&nbsp;&nbsp; Hexcel Corp  | 12998 | 687 |
| &nbsp;&nbsp;&nbsp; Hillenbrand Inc  | 11580 | 226 |
| &nbsp;&nbsp;&nbsp; Hillman Solutions Corp <sup>\*</sup> | 33100 | 240 |
| &nbsp;&nbsp;&nbsp; Himalaya Shipping Ltd  | 4900 | 29 |
| &nbsp;&nbsp;&nbsp; HNI Corp  | 7762 | 361 |
| &nbsp;&nbsp;&nbsp; Hub Group Inc, Cl A  | 9924 | 335 |
| &nbsp;&nbsp;&nbsp; Hudson Technologies Inc <sup>\*</sup> | 5300 | 38 |
| &nbsp;&nbsp;&nbsp; Huron Consulting Group Inc <sup>\*</sup> | 2911 | 416 |
| &nbsp;&nbsp;&nbsp; Hyliion Holdings Corp <sup>\*</sup> | 27400 | 42 |
| &nbsp;&nbsp;&nbsp; Hyster-Yale Inc  | 2002 | 80 |
| &nbsp;&nbsp;&nbsp; IBEX Holdings Ltd <sup>\*</sup> | 1200 | 35 |
| &nbsp;&nbsp;&nbsp; ICF International Inc  | 2668 | 229 |
| &nbsp;&nbsp;&nbsp; IES Holdings Inc <sup>\*</sup> | 1100 | 286 |
| &nbsp;&nbsp;&nbsp; Innodata Inc <sup>\*</sup> | 3700 | 146 |
| &nbsp;&nbsp;&nbsp; Insperity Inc  | 5724 | 370 |
| &nbsp;&nbsp;&nbsp; Insteel Industries Inc  | 4141 | 145 |
| &nbsp;&nbsp;&nbsp; Interface Inc, Cl A  | 7545 | 152 |
| &nbsp;&nbsp;&nbsp; Intuitive Machines Inc <sup>\*</sup> | 6100 | 70 |
| &nbsp;&nbsp;&nbsp; ITT Inc  | 12863 | 1936 |
| &nbsp;&nbsp;&nbsp; Janus International Group Inc <sup>\*</sup> | 23300 | 190 |
| &nbsp;&nbsp;&nbsp; JELD-WEN Holding Inc <sup>\*</sup> | 14300 | 52 |
| &nbsp;&nbsp;&nbsp; JetBlue Airways Corp <sup>\*</sup> | 50381 | 254 |
| &nbsp;&nbsp;&nbsp; Joby Aviation Inc <sup>\*</sup> | 67100 | 525 |
| &nbsp;&nbsp;&nbsp; John Bean Technologies Corp  | 7631 | 876 |
| &nbsp;&nbsp;&nbsp; Kadant Inc  | 1925 | 604 |
| &nbsp;&nbsp;&nbsp; Karat Packaging Inc  | 1000 | 31 |
| &nbsp;&nbsp;&nbsp; KBR Inc  | 21345 | 1114 |
| &nbsp;&nbsp;&nbsp; Kelly Services Inc, Cl A  | 3895 | 46 |
| &nbsp;&nbsp;&nbsp; Kennametal Inc  | 13014 | 280 |
| &nbsp;&nbsp;&nbsp; Kforce Inc  | 3237 | 132 |
| &nbsp;&nbsp;&nbsp; Kirby Corp <sup>\*</sup> | 9226 | 1021 |
| &nbsp;&nbsp;&nbsp; Knight-Swift Transportation Holdings Inc, Cl A  | 25627 | 1136 |
| &nbsp;&nbsp;&nbsp; Korn Ferry  | 8558 | 582 |
| &nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions Inc <sup>\*</sup> | 23716 | 875 |
| &nbsp;&nbsp;&nbsp; Landstar System Inc  | 5944 | 816 |
| &nbsp;&nbsp;&nbsp; Legalzoom.com Inc <sup>\*</sup> | 21900 | 200 |
| &nbsp;&nbsp;&nbsp; Leonardo DRS Inc <sup>\*</sup> | 11400 | 482 |
| &nbsp;&nbsp;&nbsp; Limbach Holdings Inc <sup>\*</sup> | 1300 | 167 |
| &nbsp;&nbsp;&nbsp; Lincoln Electric Holdings Inc  | 9133 | 1768 |
| &nbsp;&nbsp;&nbsp; Lindsay Corp  | 1927 | 269 |
| &nbsp;&nbsp;&nbsp; Liquidity Services Inc <sup>\*</sup> | 3922 | 92 |
| &nbsp;&nbsp;&nbsp; Loar Holdings Inc <sup>\*</sup> | 5900 | 514 |
| &nbsp;&nbsp;&nbsp; LSI Industries Inc  | 5700 | 93 |
| &nbsp;&nbsp;&nbsp; Luxfer Holdings PLC  | 1700 | 19 |
| &nbsp;&nbsp;&nbsp; Lyft Inc, Cl A <sup>\*</sup> | 56600 | 863 |
| &nbsp;&nbsp;&nbsp; Manitowoc Co Inc/The <sup>\*</sup> | 7787 | 82 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; ManpowerGroup Inc  | 7756 | $325 |
| &nbsp;&nbsp;&nbsp; Marten Transport Ltd  | 9729 | 127 |
| &nbsp;&nbsp;&nbsp; MasTec Inc <sup>\*</sup> | 9682 | 1510 |
| &nbsp;&nbsp;&nbsp; Masterbrand Inc <sup>\*</sup> | 17600 | 180 |
| &nbsp;&nbsp;&nbsp; Matrix Service Co <sup>\*</sup> | 4300 | 53 |
| &nbsp;&nbsp;&nbsp; Matson Inc  | 4952 | 559 |
| &nbsp;&nbsp;&nbsp; Maximus Inc  | 9316 | 675 |
| &nbsp;&nbsp;&nbsp; McGrath RentCorp  | 3948 | 444 |
| &nbsp;&nbsp;&nbsp; Mercury Systems Inc <sup>\*</sup> | 8023 | 395 |
| &nbsp;&nbsp;&nbsp; Middleby Corp/The <sup>\*</sup> | 8825 | 1290 |
| &nbsp;&nbsp;&nbsp; Miller Industries Inc/TN  | 1011 | 46 |
| &nbsp;&nbsp;&nbsp; MillerKnoll Inc  | 10207 | 172 |
| &nbsp;&nbsp;&nbsp; Montrose Environmental Group Inc <sup>\*</sup> | 5900 | 115 |
| &nbsp;&nbsp;&nbsp; Moog Inc, Cl A  | 4224 | 783 |
| &nbsp;&nbsp;&nbsp; MRC Global Inc <sup>\*</sup> | 13812 | 171 |
| &nbsp;&nbsp;&nbsp; MSA Safety Inc  | 5644 | 920 |
| &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co Inc, Cl A  | 7903 | 642 |
| &nbsp;&nbsp;&nbsp; Mueller Industries Inc  | 17916 | 1395 |
| &nbsp;&nbsp;&nbsp; Mueller Water Products Inc, Cl A  | 24112 | 591 |
| &nbsp;&nbsp;&nbsp; MYR Group Inc <sup>\*</sup> | 2379 | 373 |
| &nbsp;&nbsp;&nbsp; NANO Nuclear Energy Inc <sup>\*</sup> | 4900 | 148 |
| &nbsp;&nbsp;&nbsp; National Presto Industries Inc <sup>\*</sup> | 1091 | 93 |
| &nbsp;&nbsp;&nbsp; Newpark Resources Inc <sup>\*</sup> | 18020 | 146 |
| &nbsp;&nbsp;&nbsp; NEXTracker Inc, Cl A <sup>\*</sup> | 22800 | 1293 |
| &nbsp;&nbsp;&nbsp; NL Industries Inc  | 2000 | 15 |
| &nbsp;&nbsp;&nbsp; Northwest Pipe Co <sup>\*</sup> | 700 | 27 |
| &nbsp;&nbsp;&nbsp; NuScale Power Corp <sup>\*</sup> | 12800 | 409 |
| &nbsp;&nbsp;&nbsp; NV5 Global Inc <sup>\*</sup> | 8000 | 177 |
| &nbsp;&nbsp;&nbsp; nVent Electric PLC  | 26600 | 1750 |
| &nbsp;&nbsp;&nbsp; Omega Flex Inc  | 600 | 20 |
| &nbsp;&nbsp;&nbsp; OPENLANE Inc <sup>\*</sup> | 16029 | 368 |
| &nbsp;&nbsp;&nbsp; Orion Group Holdings Inc <sup>\*</sup> | 5000 | 41 |
| &nbsp;&nbsp;&nbsp; Oshkosh Corp  | 9917 | 984 |
| &nbsp;&nbsp;&nbsp; Owens Corning  | 14060 | 1883 |
| &nbsp;&nbsp;&nbsp; Pangaea Logistics Solutions Ltd  | 2100 | 9 |
| &nbsp;&nbsp;&nbsp; Park Aerospace Corp  | 5082 | 69 |
| &nbsp;&nbsp;&nbsp; Parsons Corp <sup>\*</sup> | 7900 | 512 |
| &nbsp;&nbsp;&nbsp; Paylocity Holding Corp <sup>\*</sup> | 6900 | 1317 |
| &nbsp;&nbsp;&nbsp; Pitney Bowes Inc  | 26400 | 272 |
| &nbsp;&nbsp;&nbsp; Planet Labs PBC <sup>\*</sup> | 38700 | 149 |
| &nbsp;&nbsp;&nbsp; Plug Power Inc <sup>\*</sup> | 157700 | 139 |
| &nbsp;&nbsp;&nbsp; Powell Industries Inc  | 1364 | 231 |
| &nbsp;&nbsp;&nbsp; Preformed Line Products Co  | 690 | 98 |
| &nbsp;&nbsp;&nbsp; Primoris Services Corp  | 8947 | 645 |
| &nbsp;&nbsp;&nbsp; Proto Labs Inc <sup>\*</sup> | 4199 | 155 |
| &nbsp;&nbsp;&nbsp; Quad/Graphics Inc, Cl A  | 6600 | 38 |
| &nbsp;&nbsp;&nbsp; Quanex Building Products Corp  | 8065 | 135 |
| &nbsp;&nbsp;&nbsp; Radiant Logistics Inc <sup>\*</sup> | 500 | 3 |
| &nbsp;&nbsp;&nbsp; RB Global Inc  | 29833 | 3141 |
| &nbsp;&nbsp;&nbsp; RBC Bearings Inc <sup>\*</sup> | 4395 | 1608 |
| &nbsp;&nbsp;&nbsp; Redwire Corp <sup>\*</sup> | 5000 | 72 |
| &nbsp;&nbsp;&nbsp; Regal Rexnord Corp  | 10538 | 1406 |
| &nbsp;&nbsp;&nbsp; Resideo Technologies Inc <sup>\*</sup> | 23700 | 491 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; RESOLUTE HOLDINGS MANAG <sup>\*</sup> | 116 | $4 |
| &nbsp;&nbsp;&nbsp; Resources Connection Inc  | 6981 | 36 |
| &nbsp;&nbsp;&nbsp; REV Group Inc  | 8400 | 315 |
| &nbsp;&nbsp;&nbsp; Robert Half Inc  | 16100 | 737 |
| &nbsp;&nbsp;&nbsp; Rocket Lab Corp <sup>\*</sup> | 56900 | 1524 |
| &nbsp;&nbsp;&nbsp; Rush Enterprises Inc, Cl A  | 9347 | 464 |
| &nbsp;&nbsp;&nbsp; Rush Enterprises Inc, Cl B  | 1050 | 55 |
| &nbsp;&nbsp;&nbsp; RXO Inc <sup>\*</sup> | 24590 | 382 |
| &nbsp;&nbsp;&nbsp; Ryder System Inc  | 6700 | 986 |
| &nbsp;&nbsp;&nbsp; Safe Bulkers Inc  | 12300 | 47 |
| &nbsp;&nbsp;&nbsp; Saia Inc <sup>\*</sup> | 4192 | 1108 |
| &nbsp;&nbsp;&nbsp; Schneider National Inc, Cl B  | 7800 | 181 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp  | 7876 | 910 |
| &nbsp;&nbsp;&nbsp; Sensata Technologies Holding PLC  | 23400 | 610 |
| &nbsp;&nbsp;&nbsp; SES AI Corp <sup>\*</sup> | 24300 | 22 |
| &nbsp;&nbsp;&nbsp; Shoals Technologies Group Inc, Cl A <sup>\*</sup> | 31600 | 149 |
| &nbsp;&nbsp;&nbsp; Shyft Group Inc/The  | 7900 | 83 |
| &nbsp;&nbsp;&nbsp; Simpson Manufacturing Co Inc  | 6743 | 1050 |
| &nbsp;&nbsp;&nbsp; SiteOne Landscape Supply Inc <sup>\*</sup> | 7400 | 864 |
| &nbsp;&nbsp;&nbsp; SkyWest Inc <sup>\*</sup> | 6222 | 631 |
| &nbsp;&nbsp;&nbsp; Spire Global Inc <sup>\*</sup> | 5000 | 52 |
| &nbsp;&nbsp;&nbsp; Spirit AeroSystems Holdings Inc, Cl A <sup>\*</sup> | 18675 | 698 |
| &nbsp;&nbsp;&nbsp; SPX Technologies Inc <sup>\*</sup> | 7294 | 1109 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings Inc  | 35118 | 2838 |
| &nbsp;&nbsp;&nbsp; Standardaero Inc <sup>\*</sup> | 18300 | 537 |
| &nbsp;&nbsp;&nbsp; Standex International Corp  | 1629 | 246 |
| &nbsp;&nbsp;&nbsp; Steelcase Inc, Cl A  | 15257 | 157 |
| &nbsp;&nbsp;&nbsp; Stem Inc <sup>\*</sup> | 32700 | 16 |
| &nbsp;&nbsp;&nbsp; Sterling Infrastructure Inc <sup>\*</sup> | 4500 | 846 |
| &nbsp;&nbsp;&nbsp; Sun Country Airlines Holdings Inc <sup>\*</sup> | 4900 | 57 |
| &nbsp;&nbsp;&nbsp; Sunrun Inc <sup>\*</sup> | 33210 | 249 |
| &nbsp;&nbsp;&nbsp; Tecnoglass Inc  | 3700 | 317 |
| &nbsp;&nbsp;&nbsp; Tennant Co  | 3238 | 241 |
| &nbsp;&nbsp;&nbsp; Terex Corp  | 10670 | 480 |
| &nbsp;&nbsp;&nbsp; Tetra Tech Inc  | 43110 | 1506 |
| &nbsp;&nbsp;&nbsp; Thermon Group Holdings Inc <sup>\*</sup> | 6682 | 173 |
| &nbsp;&nbsp;&nbsp; Timken Co/The  | 10609 | 727 |
| &nbsp;&nbsp;&nbsp; Titan International Inc <sup>\*</sup> | 10800 | 78 |
| &nbsp;&nbsp;&nbsp; Titan Machinery Inc <sup>\*</sup> | 4312 | 81 |
| &nbsp;&nbsp;&nbsp; Toro Co/The  | 15500 | 1175 |
| &nbsp;&nbsp;&nbsp; TPI Composites Inc <sup>\*</sup> | 7500 | 9 |
| &nbsp;&nbsp;&nbsp; Transcat Inc <sup>\*</sup> | 1600 | 140 |
| &nbsp;&nbsp;&nbsp; TransUnion  | 30494 | 2611 |
| &nbsp;&nbsp;&nbsp; Trex Co Inc <sup>\*</sup> | 16960 | 948 |
| &nbsp;&nbsp;&nbsp; TriNet Group Inc  | 5151 | 429 |
| &nbsp;&nbsp;&nbsp; Trinity Industries Inc  | 14342 | 369 |
| &nbsp;&nbsp;&nbsp; Triumph Group Inc <sup>\*</sup> | 10596 | 273 |
| &nbsp;&nbsp;&nbsp; TrueBlue Inc <sup>\*</sup> | 8328 | 50 |
| &nbsp;&nbsp;&nbsp; TTEC Holdings Inc <sup>\*</sup> | 4227 | 21 |
| &nbsp;&nbsp;&nbsp; Tutor Perini Corp <sup>\*</sup> | 8051 | 297 |
| &nbsp;&nbsp;&nbsp; UFP Industries Inc  | 9565 | 933 |
| &nbsp;&nbsp;&nbsp; U-Haul Holding Co <sup>\*</sup> | 1500 | 96 |
| &nbsp;&nbsp;&nbsp; U-Haul Holding Co, Cl B  | 16800 | 958 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; UniFirst Corp/MA  | 2440 | $460 |
| &nbsp;&nbsp;&nbsp; Universal Logistics Holdings Inc  | 1900 | 46 |
| &nbsp;&nbsp;&nbsp; Upwork Inc <sup>\*</sup> | 18600 | 288 |
| &nbsp;&nbsp;&nbsp; V2X Inc <sup>\*</sup> | 2479 | 112 |
| &nbsp;&nbsp;&nbsp; Valmont Industries Inc  | 3214 | 1022 |
| &nbsp;&nbsp;&nbsp; Verra Mobility Corp, Cl A <sup>\*</sup> | 28000 | 662 |
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co, Cl A  | 57900 | 6249 |
| &nbsp;&nbsp;&nbsp; Vestis Corp  | 18250 | 112 |
| &nbsp;&nbsp;&nbsp; Vicor Corp <sup>\*</sup> | 3800 | 166 |
| &nbsp;&nbsp;&nbsp; Virgin Galactic Holdings Inc <sup>\*</sup> | 2565 | 8 |
| &nbsp;&nbsp;&nbsp; VSE Corp  | 2500 | 325 |
| &nbsp;&nbsp;&nbsp; Wabash National Corp  | 8041 | 70 |
| &nbsp;&nbsp;&nbsp; Watsco Inc  | 5459 | 2421 |
| &nbsp;&nbsp;&nbsp; Watts Water Technologies Inc, Cl A  | 4156 | 1006 |
| &nbsp;&nbsp;&nbsp; Werner Enterprises Inc  | 10190 | 264 |
| &nbsp;&nbsp;&nbsp; WESCO International Inc  | 6665 | 1119 |
| &nbsp;&nbsp;&nbsp; Willdan Group Inc <sup>\*</sup> | 2400 | 130 |
| &nbsp;&nbsp;&nbsp; Willis Lease Finance Corp  | 600 | 81 |
| &nbsp;&nbsp;&nbsp; WillScot Holdings Corp, Cl A <sup>\*</sup> | 29511 | 795 |
| &nbsp;&nbsp;&nbsp; WNS Holdings Ltd <sup>\*</sup> | 7600 | 441 |
| &nbsp;&nbsp;&nbsp; Woodward Inc  | 9642 | 2086 |
| &nbsp;&nbsp;&nbsp; Worthington Enterprises Inc  | 5702 | 336 |
| &nbsp;&nbsp;&nbsp; Xometry Inc, Cl A <sup>\*</sup> | 7000 | 232 |
| &nbsp;&nbsp;&nbsp; XPO Inc <sup>\*</sup> | 17890 | 2036 |
| &nbsp;&nbsp;&nbsp; Zurn Elkay Water Solutions Corp  | 24026 | 869 |
|  |  | 198856 |
| **Information Technology — 17.6%** | **Information Technology — 17.6%** |  |
| &nbsp;&nbsp;&nbsp; 8x8 Inc <sup>\*</sup> | 25314 | 42 |
| &nbsp;&nbsp;&nbsp; 908 Devices Inc <sup>\*</sup> | 5300 | 30 |
| &nbsp;&nbsp;&nbsp; A10 Networks Inc  | 12200 | 211 |
| &nbsp;&nbsp;&nbsp; ACI Worldwide Inc <sup>\*</sup> | 17012 | 787 |
| &nbsp;&nbsp;&nbsp; ACM Research Inc, Cl A <sup>\*</sup> | 7200 | 162 |
| &nbsp;&nbsp;&nbsp; Adeia Inc  | 18250 | 234 |
| &nbsp;&nbsp;&nbsp; ADTRAN Holdings Inc <sup>\*</sup> | 15797 | 127 |
| &nbsp;&nbsp;&nbsp; Advanced Energy Industries Inc  | 5719 | 656 |
| &nbsp;&nbsp;&nbsp; Aehr Test Systems <sup>\*</sup> | 5100 | 49 |
| &nbsp;&nbsp;&nbsp; Aeva Technologies Inc <sup>\*</sup> | 4560 | 83 |
| &nbsp;&nbsp;&nbsp; Agilysys Inc <sup>\*</sup> | 4100 | 434 |
| &nbsp;&nbsp;&nbsp; Alarm.com Holdings Inc <sup>\*</sup> | 7700 | 442 |
| &nbsp;&nbsp;&nbsp; Alkami Technology Inc <sup>\*</sup> | 8900 | 255 |
| &nbsp;&nbsp;&nbsp; Allegro MicroSystems Inc <sup>\*</sup> | 19900 | 504 |
| &nbsp;&nbsp;&nbsp; Alpha & Omega Semiconductor Ltd <sup>\*</sup> | 3400 | 72 |
| &nbsp;&nbsp;&nbsp; Ambarella Inc <sup>\*</sup> | 5745 | 302 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd  | 17668 | 1621 |
| &nbsp;&nbsp;&nbsp; Amkor Technology Inc  | 17938 | 323 |
| &nbsp;&nbsp;&nbsp; Amplitude Inc, Cl A <sup>\*</sup> | 13700 | 170 |
| &nbsp;&nbsp;&nbsp; Appfolio Inc, Cl A <sup>\*</sup> | 3400 | 718 |
| &nbsp;&nbsp;&nbsp; Appian Corp, Cl A <sup>\*</sup> | 6000 | 189 |
| &nbsp;&nbsp;&nbsp; Applied Digital Corp <sup>\*</sup> | 30900 | 211 |
| &nbsp;&nbsp;&nbsp; Applied Optoelectronics Inc <sup>\*</sup> | 6100 | 94 |
| &nbsp;&nbsp;&nbsp; AppLovin Corp, Cl A <sup>\*</sup> | 42300 | 16624 |
| &nbsp;&nbsp;&nbsp; Arlo Technologies Inc <sup>\*</sup> | 12552 | 180 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics Inc <sup>\*</sup> | 8325 | 986 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Asana Inc, Cl A <sup>\*</sup> | 12000 | $215 |
| &nbsp;&nbsp;&nbsp; ASGN Inc <sup>\*</sup> | 7069 | 373 |
| &nbsp;&nbsp;&nbsp; Astera Labs Inc <sup>\*</sup> | 17900 | 1624 |
| &nbsp;&nbsp;&nbsp; Atlassian Corp, Cl A <sup>\*</sup> | 26141 | 5428 |
| &nbsp;&nbsp;&nbsp; Aurora Innovation Inc, Cl A <sup>\*</sup> | 145500 | 882 |
| &nbsp;&nbsp;&nbsp; AvePoint Inc <sup>\*</sup> | 20900 | 390 |
| &nbsp;&nbsp;&nbsp; Aviat Networks Inc <sup>\*</sup> | 2100 | 45 |
| &nbsp;&nbsp;&nbsp; Avnet Inc  | 13499 | 675 |
| &nbsp;&nbsp;&nbsp; Axcelis Technologies Inc <sup>\*</sup> | 5250 | 296 |
| &nbsp;&nbsp;&nbsp; Badger Meter Inc  | 4824 | 1197 |
| &nbsp;&nbsp;&nbsp; Bel Fuse Inc, Cl B  | 2200 | 162 |
| &nbsp;&nbsp;&nbsp; Belden Inc  | 6423 | 682 |
| &nbsp;&nbsp;&nbsp; Benchmark Electronics Inc  | 4730 | 173 |
| &nbsp;&nbsp;&nbsp; Bentley Systems Inc, Cl B  | 22300 | 1064 |
| &nbsp;&nbsp;&nbsp; BigBear.ai Holdings Inc <sup>\*</sup> | 22100 | 92 |
| &nbsp;&nbsp;&nbsp; BigCommerce Holdings Inc <sup>\*</sup> | 14700 | 74 |
| &nbsp;&nbsp;&nbsp; BILL Holdings Inc <sup>\*</sup> | 17077 | 746 |
| &nbsp;&nbsp;&nbsp; Bit Digital Inc <sup>\*</sup> | 20100 | 47 |
| &nbsp;&nbsp;&nbsp; Blackbaud Inc <sup>\*</sup> | 5855 | 364 |
| &nbsp;&nbsp;&nbsp; BlackLine Inc <sup>\*</sup> | 9100 | 509 |
| &nbsp;&nbsp;&nbsp; Blend Labs Inc, Cl A <sup>\*</sup> | 38000 | 139 |
| &nbsp;&nbsp;&nbsp; Box Inc, Cl A <sup>\*</sup> | 22400 | 847 |
| &nbsp;&nbsp;&nbsp; Braze Inc, Cl A <sup>\*</sup> | 11100 | 409 |
| &nbsp;&nbsp;&nbsp; C3.ai Inc, Cl A <sup>\*</sup> | 17000 | 452 |
| &nbsp;&nbsp;&nbsp; Calix Inc <sup>\*</sup> | 9645 | 446 |
| &nbsp;&nbsp;&nbsp; CCC Intelligent Solutions Holdings Inc <sup>\*</sup> | 81800 | 718 |
| &nbsp;&nbsp;&nbsp; Cerence Inc <sup>\*</sup> | 8510 | 72 |
| &nbsp;&nbsp;&nbsp; CEVA Inc <sup>\*</sup> | 4538 | 85 |
| &nbsp;&nbsp;&nbsp; Ciena Corp <sup>\*</sup> | 22686 | 1816 |
| &nbsp;&nbsp;&nbsp; Cipher Mining Inc <sup>\*</sup> | 28400 | 89 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic Inc <sup>\*</sup> | 8595 | 845 |
| &nbsp;&nbsp;&nbsp; Cleanspark Inc <sup>\*</sup> | 46300 | 400 |
| &nbsp;&nbsp;&nbsp; Clear Secure Inc, Cl A  | 14000 | 347 |
| &nbsp;&nbsp;&nbsp; Clearfield Inc <sup>\*</sup> | 2600 | 97 |
| &nbsp;&nbsp;&nbsp; Clearwater Analytics Holdings Inc, Cl A <sup>\*</sup> | 32458 | 750 |
| &nbsp;&nbsp;&nbsp; Climb Global Solutions Inc  | 700 | 77 |
| &nbsp;&nbsp;&nbsp; Cloudflare Inc, Cl A <sup>\*</sup> | 49200 | 8162 |
| &nbsp;&nbsp;&nbsp; Cognex Corp  | 27416 | 822 |
| &nbsp;&nbsp;&nbsp; Coherent Corp <sup>\*</sup> | 20301 | 1535 |
| &nbsp;&nbsp;&nbsp; Cohu Inc <sup>\*</sup> | 8336 | 142 |
| &nbsp;&nbsp;&nbsp; CommScope Holding Co Inc <sup>\*</sup> | 31200 | 188 |
| &nbsp;&nbsp;&nbsp; CommVault Systems Inc <sup>\*</sup> | 6884 | 1261 |
| &nbsp;&nbsp;&nbsp; CompoSecure Inc, Cl A <sup>\*</sup> | 1400 | 19 |
| &nbsp;&nbsp;&nbsp; Confluent Inc, Cl A <sup>\*</sup> | 39200 | 903 |
| &nbsp;&nbsp;&nbsp; Consensus Cloud Solutions Inc <sup>\*</sup> | 3585 | 79 |
| &nbsp;&nbsp;&nbsp; Core Scientific Inc <sup>\*</sup> | 32700 | 348 |
| &nbsp;&nbsp;&nbsp; Corsair Gaming Inc <sup>\*</sup> | 6200 | 55 |
| &nbsp;&nbsp;&nbsp; Couchbase Inc <sup>\*</sup> | 7800 | 141 |
| &nbsp;&nbsp;&nbsp; Crane NXT Co  | 7629 | 409 |
| &nbsp;&nbsp;&nbsp; Credo Technology Group Holding Ltd <sup>\*</sup> | 22800 | 1390 |
| &nbsp;&nbsp;&nbsp; CS Disco Inc <sup>\*</sup> | 5000 | 20 |
| &nbsp;&nbsp;&nbsp; CTS Corp  | 4045 | 165 |
| &nbsp;&nbsp;&nbsp; Daily Journal Corp <sup>\*</sup> | 200 | 84 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Daktronics Inc <sup>\*</sup> | 4000 | $59 |
| &nbsp;&nbsp;&nbsp; Datadog Inc, Cl A <sup>\*</sup> | 49155 | 5794 |
| &nbsp;&nbsp;&nbsp; Diebold Nixdorf Inc <sup>\*</sup> | 4200 | 202 |
| &nbsp;&nbsp;&nbsp; Digi International Inc <sup>\*</sup> | 5701 | 185 |
| &nbsp;&nbsp;&nbsp; Digimarc Corp <sup>\*</sup> | 2876 | 38 |
| &nbsp;&nbsp;&nbsp; Digital Turbine Inc <sup>\*</sup> | 20700 | 98 |
| &nbsp;&nbsp;&nbsp; DigitalOcean Holdings Inc <sup>\*</sup> | 10200 | 289 |
| &nbsp;&nbsp;&nbsp; Diodes Inc <sup>\*</sup> | 7142 | 317 |
| &nbsp;&nbsp;&nbsp; DocuSign Inc, Cl A <sup>\*</sup> | 32680 | 2896 |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories Inc, Cl A  | 9804 | 728 |
| &nbsp;&nbsp;&nbsp; Domo Inc, Cl B <sup>\*</sup> | 6432 | 82 |
| &nbsp;&nbsp;&nbsp; Dropbox Inc, Cl A <sup>\*</sup> | 34000 | 981 |
| &nbsp;&nbsp;&nbsp; D-Wave Quantum Inc <sup>\*</sup> | 30900 | 505 |
| &nbsp;&nbsp;&nbsp; DXC Technology Co <sup>\*</sup> | 29700 | 451 |
| &nbsp;&nbsp;&nbsp; Dynatrace Inc <sup>\*</sup> | 47900 | 2587 |
| &nbsp;&nbsp;&nbsp; E2open Parent Holdings Inc <sup>\*</sup> | 23200 | 74 |
| &nbsp;&nbsp;&nbsp; Eastman Kodak Co <sup>\*</sup> | 9600 | 55 |
| &nbsp;&nbsp;&nbsp; eGain Corp <sup>\*</sup> | 4900 | 26 |
| &nbsp;&nbsp;&nbsp; Elastic NV <sup>\*</sup> | 14100 | 1140 |
| &nbsp;&nbsp;&nbsp; Entegris Inc  | 23430 | 1611 |
| &nbsp;&nbsp;&nbsp; ePlus Inc <sup>\*</sup> | 4276 | 305 |
| &nbsp;&nbsp;&nbsp; EverCommerce Inc <sup>\*</sup> | 300 | 3 |
| &nbsp;&nbsp;&nbsp; Evolv Technologies Holdings Inc <sup>\*</sup> | 18900 | 103 |
| &nbsp;&nbsp;&nbsp; Extreme Networks Inc <sup>\*</sup> | 22487 | 352 |
| &nbsp;&nbsp;&nbsp; Fabrinet <sup>\*</sup> | 5815 | 1354 |
| &nbsp;&nbsp;&nbsp; FARO Technologies Inc <sup>\*</sup> | 1908 | 81 |
| &nbsp;&nbsp;&nbsp; Fastly Inc, Cl A <sup>\*</sup> | 21500 | 157 |
| &nbsp;&nbsp;&nbsp; Five9 Inc <sup>\*</sup> | 11600 | 308 |
| &nbsp;&nbsp;&nbsp; FormFactor Inc <sup>\*</sup> | 12019 | 359 |
| &nbsp;&nbsp;&nbsp; Freshworks Inc, Cl A <sup>\*</sup> | 32100 | 490 |
| &nbsp;&nbsp;&nbsp; Gitlab Inc, Cl A <sup>\*</sup> | 19300 | 878 |
| &nbsp;&nbsp;&nbsp; GlobalFoundries Inc <sup>\*</sup> | 15500 | 555 |
| &nbsp;&nbsp;&nbsp; Globant SA <sup>\*</sup> | 6400 | 628 |
| &nbsp;&nbsp;&nbsp; Grid Dynamics Holdings Inc <sup>\*</sup> | 11000 | 138 |
| &nbsp;&nbsp;&nbsp; Guidewire Software Inc <sup>\*</sup> | 12869 | 2767 |
| &nbsp;&nbsp;&nbsp; Hackett Group Inc/The  | 3700 | 91 |
| &nbsp;&nbsp;&nbsp; Harmonic Inc <sup>\*</sup> | 16994 | 153 |
| &nbsp;&nbsp;&nbsp; HubSpot Inc <sup>\*</sup> | 7873 | 4644 |
| &nbsp;&nbsp;&nbsp; Hut 8 Corp <sup>\*</sup> | 13200 | 202 |
| &nbsp;&nbsp;&nbsp; I3 Verticals Inc, Cl A <sup>\*</sup> | 4800 | 119 |
| &nbsp;&nbsp;&nbsp; Ichor Holdings Ltd <sup>\*</sup> | 5400 | 85 |
| &nbsp;&nbsp;&nbsp; Immersion Corp  | 8400 | 63 |
| &nbsp;&nbsp;&nbsp; Impinj Inc <sup>\*</sup> | 3300 | 377 |
| &nbsp;&nbsp;&nbsp; indie Semiconductor Inc, Cl A <sup>\*</sup> | 27400 | 73 |
| &nbsp;&nbsp;&nbsp; Informatica Inc, Cl A <sup>\*</sup> | 15000 | 360 |
| &nbsp;&nbsp;&nbsp; Information Services Group Inc  | 8000 | 38 |
| &nbsp;&nbsp;&nbsp; Ingram Micro Holding Corp <sup>\*</sup> | 3800 | 73 |
| &nbsp;&nbsp;&nbsp; Insight Enterprises Inc <sup>\*</sup> | 4298 | 560 |
| &nbsp;&nbsp;&nbsp; Intapp Inc <sup>\*</sup> | 8300 | 458 |
| &nbsp;&nbsp;&nbsp; InterDigital Inc  | 4117 | 894 |
| &nbsp;&nbsp;&nbsp; IonQ Inc <sup>\*</sup> | 33000 | 1331 |
| &nbsp;&nbsp;&nbsp; IPG Photonics Corp <sup>\*</sup> | 4800 | 318 |
| &nbsp;&nbsp;&nbsp; Itron Inc <sup>\*</sup> | 7411 | 857 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Jamf Holding Corp <sup>\*</sup> | 14700 | $154 |
| &nbsp;&nbsp;&nbsp; Kimball Electronics Inc <sup>\*</sup> | 5693 | 103 |
| &nbsp;&nbsp;&nbsp; Knowles Corp <sup>\*</sup> | 14800 | 243 |
| &nbsp;&nbsp;&nbsp; Kulicke & Soffa Industries Inc  | 8800 | 283 |
| &nbsp;&nbsp;&nbsp; Kyndryl Holdings Inc <sup>\*</sup> | 35900 | 1402 |
| &nbsp;&nbsp;&nbsp; Lattice Semiconductor Corp <sup>\*</sup> | 21562 | 969 |
| &nbsp;&nbsp;&nbsp; Life360 Inc <sup>\*</sup> | 2100 | 133 |
| &nbsp;&nbsp;&nbsp; Lightwave Logic Inc <sup>\*</sup> | 27900 | 27 |
| &nbsp;&nbsp;&nbsp; Littelfuse Inc  | 3931 | 806 |
| &nbsp;&nbsp;&nbsp; LiveRamp Holdings Inc <sup>\*</sup> | 10174 | 331 |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings Inc <sup>\*</sup> | 10470 | 757 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings Inc <sup>\*</sup> | 10225 | 1243 |
| &nbsp;&nbsp;&nbsp; Manhattan Associates Inc <sup>\*</sup> | 9680 | 1827 |
| &nbsp;&nbsp;&nbsp; MARA Holdings Inc <sup>\*</sup> | 56400 | 796 |
| &nbsp;&nbsp;&nbsp; Marvell Technology Inc  | 138412 | 8331 |
| &nbsp;&nbsp;&nbsp; MaxLinear Inc, Cl A <sup>\*</sup> | 13444 | 153 |
| &nbsp;&nbsp;&nbsp; MeridianLink Inc <sup>\*</sup> | 5300 | 88 |
| &nbsp;&nbsp;&nbsp; Methode Electronics Inc  | 6784 | 54 |
| &nbsp;&nbsp;&nbsp; MicroStrategy Inc, Cl A <sup>\*</sup> | 37230 | 13740 |
| &nbsp;&nbsp;&nbsp; MicroVision Inc <sup>\*</sup> | 35100 | 39 |
| &nbsp;&nbsp;&nbsp; Mirion Technologies Inc, Cl A <sup>\*</sup> | 32000 | 611 |
| &nbsp;&nbsp;&nbsp; Mitek Systems Inc <sup>\*</sup> | 9100 | 85 |
| &nbsp;&nbsp;&nbsp; MKS Instruments Inc  | 10623 | 873 |
| &nbsp;&nbsp;&nbsp; MongoDB Inc, Cl A <sup>\*</sup> | 11200 | 2115 |
| &nbsp;&nbsp;&nbsp; N-able Inc/US <sup>\*</sup> | 11350 | 88 |
| &nbsp;&nbsp;&nbsp; Napco Security Technologies Inc  | 5600 | 156 |
| &nbsp;&nbsp;&nbsp; Navitas Semiconductor Corp, Cl A <sup>\*</sup> | 20200 | 103 |
| &nbsp;&nbsp;&nbsp; nCino Inc <sup>\*</sup> | 14400 | 379 |
| &nbsp;&nbsp;&nbsp; NCR Voyix Corp <sup>\*</sup> | 19983 | 222 |
| &nbsp;&nbsp;&nbsp; NETGEAR Inc <sup>\*</sup> | 2892 | 85 |
| &nbsp;&nbsp;&nbsp; NetScout Systems Inc <sup>\*</sup> | 12658 | 289 |
| &nbsp;&nbsp;&nbsp; NextNav Inc <sup>\*</sup> | 12300 | 154 |
| &nbsp;&nbsp;&nbsp; nLight Inc <sup>\*</sup> | 3600 | 54 |
| &nbsp;&nbsp;&nbsp; Novanta Inc <sup>\*</sup> | 5662 | 701 |
| &nbsp;&nbsp;&nbsp; Nutanix Inc, Cl A <sup>\*</sup> | 40700 | 3121 |
| &nbsp;&nbsp;&nbsp; NVE Corp  | 900 | 64 |
| &nbsp;&nbsp;&nbsp; Okta Inc, Cl A <sup>\*</sup> | 25504 | 2631 |
| &nbsp;&nbsp;&nbsp; Olo Inc, Cl A <sup>\*</sup> | 19400 | 169 |
| &nbsp;&nbsp;&nbsp; ON24 Inc <sup>\*</sup> | 6100 | 35 |
| &nbsp;&nbsp;&nbsp; OneSpan Inc <sup>\*</sup> | 7902 | 126 |
| &nbsp;&nbsp;&nbsp; Onto Innovation Inc <sup>\*</sup> | 7772 | 715 |
| &nbsp;&nbsp;&nbsp; Ooma Inc <sup>\*</sup> | 5400 | 74 |
| &nbsp;&nbsp;&nbsp; OSI Systems Inc <sup>\*</sup> | 2668 | 585 |
| &nbsp;&nbsp;&nbsp; Ouster Inc <sup>\*</sup> | 7100 | 87 |
| &nbsp;&nbsp;&nbsp; Pagaya Technologies Ltd, Cl A <sup>\*</sup> | 6600 | 109 |
| &nbsp;&nbsp;&nbsp; PagerDuty Inc <sup>\*</sup> | 13915 | 198 |
| &nbsp;&nbsp;&nbsp; PAR Technology Corp <sup>\*</sup> | 5800 | 380 |
| &nbsp;&nbsp;&nbsp; PC Connection Inc  | 2231 | 146 |
| &nbsp;&nbsp;&nbsp; PDF Solutions Inc <sup>\*</sup> | 5153 | 91 |
| &nbsp;&nbsp;&nbsp; Pegasystems Inc  | 7536 | 740 |
| &nbsp;&nbsp;&nbsp; Photronics Inc <sup>\*</sup> | 9129 | 153 |
| &nbsp;&nbsp;&nbsp; Plexus Corp <sup>\*</sup> | 4328 | 568 |
| &nbsp;&nbsp;&nbsp; Porch Group Inc <sup>\*</sup> | 11700 | 107 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Power Integrations Inc  | 8378 | $417 |
| &nbsp;&nbsp;&nbsp; Powerfleet Inc NJ <sup>\*</sup> | 14900 | 68 |
| &nbsp;&nbsp;&nbsp; Procore Technologies Inc <sup>\*</sup> | 16900 | 1135 |
| &nbsp;&nbsp;&nbsp; Progress Software Corp  | 6658 | 410 |
| &nbsp;&nbsp;&nbsp; PROS Holdings Inc <sup>\*</sup> | 6599 | 116 |
| &nbsp;&nbsp;&nbsp; Pure Storage Inc, Cl A <sup>\*</sup> | 48200 | 2583 |
| &nbsp;&nbsp;&nbsp; Q2 Holdings Inc <sup>\*</sup> | 9300 | 814 |
| &nbsp;&nbsp;&nbsp; Qorvo Inc <sup>\*</sup> | 14300 | 1087 |
| &nbsp;&nbsp;&nbsp; Qualys Inc <sup>\*</sup> | 6200 | 859 |
| &nbsp;&nbsp;&nbsp; Rackspace Technology Inc <sup>\*</sup> | 11600 | 13 |
| &nbsp;&nbsp;&nbsp; Rambus Inc <sup>\*</sup> | 16910 | 904 |
| &nbsp;&nbsp;&nbsp; Rapid7 Inc <sup>\*</sup> | 9700 | 223 |
| &nbsp;&nbsp;&nbsp; Red Violet Inc <sup>\*</sup> | 1100 | 53 |
| &nbsp;&nbsp;&nbsp; ReposiTrak Inc  | 3400 | 74 |
| &nbsp;&nbsp;&nbsp; Ribbon Communications Inc <sup>\*</sup> | 13520 | 46 |
| &nbsp;&nbsp;&nbsp; Rigetti Computing Inc <sup>\*</sup> | 32000 | 388 |
| &nbsp;&nbsp;&nbsp; Rimini Street Inc <sup>\*</sup> | 10000 | 31 |
| &nbsp;&nbsp;&nbsp; RingCentral Inc, Cl A <sup>\*</sup> | 13600 | 353 |
| &nbsp;&nbsp;&nbsp; Riot Platforms Inc <sup>\*</sup> | 44200 | 357 |
| &nbsp;&nbsp;&nbsp; Rogers Corp <sup>\*</sup> | 3093 | 206 |
| &nbsp;&nbsp;&nbsp; SanDisk Corp <sup>\*</sup> | 18700 | 705 |
| &nbsp;&nbsp;&nbsp; Sanmina Corp <sup>\*</sup> | 8566 | 725 |
| &nbsp;&nbsp;&nbsp; Sapiens International Corp NV  | 3800 | 109 |
| &nbsp;&nbsp;&nbsp; ScanSource Inc <sup>\*</sup> | 3396 | 137 |
| &nbsp;&nbsp;&nbsp; SEMrush Holdings Inc, Cl A <sup>\*</sup> | 6100 | 60 |
| &nbsp;&nbsp;&nbsp; Semtech Corp <sup>\*</sup> | 11075 | 413 |
| &nbsp;&nbsp;&nbsp; SentinelOne Inc, Cl A <sup>\*</sup> | 44500 | 784 |
| &nbsp;&nbsp;&nbsp; Silicon Laboratories Inc <sup>\*</sup> | 4982 | 601 |
| &nbsp;&nbsp;&nbsp; SiTime Corp <sup>\*</sup> | 2900 | 569 |
| &nbsp;&nbsp;&nbsp; SkyWater Technology Inc <sup>\*</sup> | 1700 | 15 |
| &nbsp;&nbsp;&nbsp; SMART Global Holdings Inc <sup>\*</sup> | 8600 | 153 |
| &nbsp;&nbsp;&nbsp; SmartRent Inc, Cl A <sup>\*</sup> | 30500 | 26 |
| &nbsp;&nbsp;&nbsp; Snowflake Inc, Cl A <sup>\*</sup> | 50400 | 10366 |
| &nbsp;&nbsp;&nbsp; SoundHound AI Inc, Cl A <sup>\*</sup> | 47500 | 480 |
| &nbsp;&nbsp;&nbsp; SoundThinking Inc <sup>\*</sup> | 1400 | 22 |
| &nbsp;&nbsp;&nbsp; Sprinklr Inc, Cl A <sup>\*</sup> | 17700 | 149 |
| &nbsp;&nbsp;&nbsp; Sprout Social Inc, Cl A <sup>\*</sup> | 8600 | 188 |
| &nbsp;&nbsp;&nbsp; SPS Commerce Inc <sup>\*</sup> | 5658 | 796 |
| &nbsp;&nbsp;&nbsp; Synaptics Inc <sup>\*</sup> | 6187 | 364 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp  | 12181 | 1478 |
| &nbsp;&nbsp;&nbsp; Tenable Holdings Inc <sup>\*</sup> | 18100 | 583 |
| &nbsp;&nbsp;&nbsp; Teradata Corp <sup>\*</sup> | 15800 | 347 |
| &nbsp;&nbsp;&nbsp; Terawulf Inc <sup>\*</sup> | 37800 | 133 |
| &nbsp;&nbsp;&nbsp; TTM Technologies Inc <sup>\*</sup> | 17387 | 519 |
| &nbsp;&nbsp;&nbsp; Tucows Inc, Cl A <sup>\*</sup> | 2200 | 43 |
| &nbsp;&nbsp;&nbsp; Turtle Beach Corp <sup>\*</sup> | 4000 | 46 |
| &nbsp;&nbsp;&nbsp; Twilio Inc, Cl A <sup>\*</sup> | 24042 | 2830 |
| &nbsp;&nbsp;&nbsp; Ubiquiti Inc  | 700 | 277 |
| &nbsp;&nbsp;&nbsp; UiPath Inc, Cl A <sup>\*</sup> | 64700 | 861 |
| &nbsp;&nbsp;&nbsp; Ultra Clean Holdings Inc <sup>\*</sup> | 6352 | 123 |
| &nbsp;&nbsp;&nbsp; Unisys Corp <sup>\*</sup> | 15183 | 72 |
| &nbsp;&nbsp;&nbsp; Unity Software Inc <sup>\*</sup> | 46800 | 1221 |
| &nbsp;&nbsp;&nbsp; Universal Display Corp  | 7351 | 1054 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Varonis Systems Inc, Cl B <sup>\*</sup> | 18400 | $877 |
| &nbsp;&nbsp;&nbsp; Veeco Instruments Inc <sup>\*</sup> | 9110 | 176 |
| &nbsp;&nbsp;&nbsp; Verint Systems Inc <sup>\*</sup> | 8350 | 146 |
| &nbsp;&nbsp;&nbsp; Vertex Inc, Cl A <sup>\*</sup> | 9300 | 368 |
| &nbsp;&nbsp;&nbsp; Viant Technology Inc, Cl A <sup>\*</sup> | 2600 | 36 |
| &nbsp;&nbsp;&nbsp; Viasat Inc <sup>\*</sup> | 18256 | 159 |
| &nbsp;&nbsp;&nbsp; Viavi Solutions Inc <sup>\*</sup> | 36000 | 328 |
| &nbsp;&nbsp;&nbsp; Vishay Intertechnology Inc  | 20317 | 286 |
| &nbsp;&nbsp;&nbsp; Vishay Precision Group Inc <sup>\*</sup> | 3164 | 81 |
| &nbsp;&nbsp;&nbsp; Vontier Corp  | 23900 | 854 |
| &nbsp;&nbsp;&nbsp; Weave Communications Inc <sup>\*</sup> | 7300 | 70 |
| &nbsp;&nbsp;&nbsp; Wolfspeed Inc <sup>\*</sup> | 19923 | 24 |
| &nbsp;&nbsp;&nbsp; Workiva Inc, Cl A <sup>\*</sup> | 8700 | 585 |
| &nbsp;&nbsp;&nbsp; Xerox Holdings Corp  | 18000 | 88 |
| &nbsp;&nbsp;&nbsp; Xperi Inc <sup>\*</sup> | 9580 | 75 |
| &nbsp;&nbsp;&nbsp; Yext Inc <sup>\*</sup> | 11200 | 75 |
| &nbsp;&nbsp;&nbsp; Zeta Global Holdings Corp, Cl A <sup>\*</sup> | 27000 | 355 |
| &nbsp;&nbsp;&nbsp; Zoom Video Communications Inc, Cl A <sup>\*</sup> | 42921 | 3487 |
| &nbsp;&nbsp;&nbsp; Zscaler Inc <sup>\*</sup> | 15100 | 4163 |
|  |  | 197260 |
| **Materials — 4.7%** | **Materials — 4.7%** |  |
| &nbsp;&nbsp;&nbsp; AdvanSix Inc  | 5100 | 120 |
| &nbsp;&nbsp;&nbsp; Alcoa Corp  | 39800 | 1065 |
| &nbsp;&nbsp;&nbsp; Alpha Metallurgical Resources Inc <sup>\*</sup> | 1800 | 202 |
| &nbsp;&nbsp;&nbsp; American Vanguard Corp  | 6799 | 33 |
| &nbsp;&nbsp;&nbsp; AptarGroup Inc  | 10266 | 1626 |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging SA  | 26950 | 105 |
| &nbsp;&nbsp;&nbsp; Ashland Inc  | 7408 | 367 |
| &nbsp;&nbsp;&nbsp; ASP Isotopes Inc <sup>\*</sup> | 13600 | 103 |
| &nbsp;&nbsp;&nbsp; Aspen Aerogels Inc <sup>\*</sup> | 9600 | 55 |
| &nbsp;&nbsp;&nbsp; Avient Corp  | 14732 | 532 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems Ltd <sup>\*</sup> | 35200 | 1084 |
| &nbsp;&nbsp;&nbsp; Balchem Corp <sup>\*</sup> | 5088 | 848 |
| &nbsp;&nbsp;&nbsp; Cabot Corp  | 8532 | 637 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp  | 7401 | 1739 |
| &nbsp;&nbsp;&nbsp; Celanese Corp, Cl A  | 17900 | 946 |
| &nbsp;&nbsp;&nbsp; Century Aluminum Co <sup>\*</sup> | 10497 | 163 |
| &nbsp;&nbsp;&nbsp; Chemours Co/The  | 24200 | 245 |
| &nbsp;&nbsp;&nbsp; Clearwater Paper Corp <sup>\*</sup> | 2651 | 76 |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs Inc <sup>\*</sup> | 76960 | 449 |
| &nbsp;&nbsp;&nbsp; Coeur Mining Inc <sup>\*</sup> | 92861 | 750 |
| &nbsp;&nbsp;&nbsp; Commercial Metals Co  | 18441 | 859 |
| &nbsp;&nbsp;&nbsp; Compass Minerals International Inc <sup>\*</sup> | 7840 | 151 |
| &nbsp;&nbsp;&nbsp; Constellium SE, Cl A <sup>\*</sup> | 18000 | 219 |
| &nbsp;&nbsp;&nbsp; CRH PLC  | 110800 | 10101 |
| &nbsp;&nbsp;&nbsp; Crown Holdings Inc  | 19251 | 1896 |
| &nbsp;&nbsp;&nbsp; Eagle Materials Inc  | 5483 | 1109 |
| &nbsp;&nbsp;&nbsp; Ecovyst Inc <sup>\*</sup> | 19100 | 142 |
| &nbsp;&nbsp;&nbsp; Element Solutions Inc  | 36400 | 778 |
| &nbsp;&nbsp;&nbsp; FMC Corp  | 20500 | 831 |
| &nbsp;&nbsp;&nbsp; Graphic Packaging Holding Co  | 47917 | 1065 |
| &nbsp;&nbsp;&nbsp; Greif Inc, Cl A  | 4519 | 251 |
| &nbsp;&nbsp;&nbsp; Greif Inc, Cl B  | 1300 | 78 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Hawkins Inc  | 2646 | $353 |
| &nbsp;&nbsp;&nbsp; HB Fuller Co  | 8833 | 493 |
| &nbsp;&nbsp;&nbsp; Hecla Mining Co  | 95068 | 489 |
| &nbsp;&nbsp;&nbsp; Huntsman Corp  | 23924 | 267 |
| &nbsp;&nbsp;&nbsp; i-80 Gold Corp <sup>\*</sup> | 38100 | 19 |
| &nbsp;&nbsp;&nbsp; Ingevity Corp <sup>\*</sup> | 5400 | 223 |
| &nbsp;&nbsp;&nbsp; Innospec Inc <sup>\*</sup> | 4113 | 350 |
| &nbsp;&nbsp;&nbsp; Intrepid Potash Inc <sup>\*</sup> | 1860 | 70 |
| &nbsp;&nbsp;&nbsp; Ivanhoe Electric Inc / US <sup>\*</sup> | 9500 | 70 |
| &nbsp;&nbsp;&nbsp; Kaiser Aluminum Corp  | 2754 | 200 |
| &nbsp;&nbsp;&nbsp; Knife River Corp <sup>\*</sup> | 8983 | 845 |
| &nbsp;&nbsp;&nbsp; Koppers Holdings Inc  | 2573 | 79 |
| &nbsp;&nbsp;&nbsp; Kronos Worldwide Inc  | 5084 | 32 |
| &nbsp;&nbsp;&nbsp; Lifezone Metals Ltd <sup>\*</sup> | 6000 | 24 |
| &nbsp;&nbsp;&nbsp; Louisiana-Pacific Corp  | 9542 | 859 |
| &nbsp;&nbsp;&nbsp; LSB Industries Inc <sup>\*</sup> | 8300 | 63 |
| &nbsp;&nbsp;&nbsp; Materion Corp  | 2874 | 223 |
| &nbsp;&nbsp;&nbsp; Mativ Holdings Inc  | 10288 | 59 |
| &nbsp;&nbsp;&nbsp; Metallus Inc <sup>\*</sup> | 5104 | 64 |
| &nbsp;&nbsp;&nbsp; Metals Acquisition Ltd, Cl A <sup>\*</sup> | 8900 | 108 |
| &nbsp;&nbsp;&nbsp; Minerals Technologies Inc  | 5524 | 314 |
| &nbsp;&nbsp;&nbsp; MP Materials Corp <sup>\*</sup> | 21300 | 464 |
| &nbsp;&nbsp;&nbsp; Myers Industries Inc  | 8418 | 107 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp  | 1097 | 707 |
| &nbsp;&nbsp;&nbsp; Novagold Resources Inc <sup>\*</sup> | 42600 | 153 |
| &nbsp;&nbsp;&nbsp; O-I Glass Inc <sup>\*</sup> | 24300 | 319 |
| &nbsp;&nbsp;&nbsp; Olin Corp  | 18516 | 359 |
| &nbsp;&nbsp;&nbsp; Olympic Steel Inc  | 1927 | 57 |
| &nbsp;&nbsp;&nbsp; Orion SA  | 10400 | 113 |
| &nbsp;&nbsp;&nbsp; Perimeter Solutions Inc <sup>\*</sup> | 19300 | 233 |
| &nbsp;&nbsp;&nbsp; Perpetua Resources Corp <sup>\*</sup> | 10500 | 146 |
| &nbsp;&nbsp;&nbsp; Piedmont Lithium Inc <sup>\*</sup> | 3100 | 19 |
| &nbsp;&nbsp;&nbsp; PureCycle Technologies Inc <sup>\*</sup> | 17400 | 165 |
| &nbsp;&nbsp;&nbsp; Quaker Chemical Corp  | 1934 | 210 |
| &nbsp;&nbsp;&nbsp; Radius Recycling Inc, Cl A  | 2656 | 79 |
| &nbsp;&nbsp;&nbsp; Ramaco Resources Inc, Cl A  | 5500 | 50 |
| &nbsp;&nbsp;&nbsp; Ramaco Resources Inc, Cl B  | 1287 | 10 |
| &nbsp;&nbsp;&nbsp; Ranpak Holdings Corp, Cl A <sup>\*</sup> | 8300 | 28 |
| &nbsp;&nbsp;&nbsp; Rayonier Advanced Materials Inc <sup>\*</sup> | 13917 | 54 |
| &nbsp;&nbsp;&nbsp; Reliance Inc  | 8438 | 2471 |
| &nbsp;&nbsp;&nbsp; Royal Gold Inc  | 10602 | 1888 |
| &nbsp;&nbsp;&nbsp; RPM International Inc  | 19888 | 2264 |
| &nbsp;&nbsp;&nbsp; Ryerson Holding Corp  | 4900 | 102 |
| &nbsp;&nbsp;&nbsp; Scotts Miracle-Gro Co/The, Cl A  | 7159 | 426 |
| &nbsp;&nbsp;&nbsp; Sealed Air Corp  | 23300 | 750 |
| &nbsp;&nbsp;&nbsp; Sensient Technologies Corp  | 6635 | 627 |
| &nbsp;&nbsp;&nbsp; Silgan Holdings Inc  | 13260 | 730 |
| &nbsp;&nbsp;&nbsp; Sonoco Products Co  | 16621 | 757 |
| &nbsp;&nbsp;&nbsp; Southern Copper Corp  | 14374 | 1307 |
| &nbsp;&nbsp;&nbsp; SSR Mining Inc <sup>\*</sup> | 34100 | 403 |
| &nbsp;&nbsp;&nbsp; Stepan Co  | 2825 | 153 |
| &nbsp;&nbsp;&nbsp; SunCoke Energy Inc  | 9446 | 77 |
| &nbsp;&nbsp;&nbsp; Sylvamo Corp  | 6100 | 323 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Tredegar Corp <sup>\*</sup> | 5341 | $45 |
| &nbsp;&nbsp;&nbsp; TriMas Corp  | 6476 | 171 |
| &nbsp;&nbsp;&nbsp; Tronox Holdings PLC  | 20000 | 114 |
| &nbsp;&nbsp;&nbsp; United States Lime & Minerals Inc  | 1300 | 134 |
| &nbsp;&nbsp;&nbsp; United States Steel Corp  | 34500 | 1857 |
| &nbsp;&nbsp;&nbsp; Valhi Inc  | 500 | 7 |
| &nbsp;&nbsp;&nbsp; Warrior Met Coal Inc  | 8200 | 373 |
| &nbsp;&nbsp;&nbsp; Westlake Corp  | 5310 | 377 |
| &nbsp;&nbsp;&nbsp; Worthington Steel Inc  | 5702 | 142 |
|  |  | 52600 |
| **Real Estate — 5.3%** | **Real Estate — 5.3%** |  |
| &nbsp;&nbsp;&nbsp; Acadia Realty Trust <sup>‡</sup> | 18339 | 353 |
| &nbsp;&nbsp;&nbsp; Agree Realty Corp <sup>‡</sup> | 16347 | 1231 |
| &nbsp;&nbsp;&nbsp; Alexander & Baldwin Inc <sup>‡</sup> | 10291 | 184 |
| &nbsp;&nbsp;&nbsp; Alexander's Inc <sup>‡</sup> | 488 | 110 |
| &nbsp;&nbsp;&nbsp; American Assets Trust Inc <sup>‡</sup> | 7791 | 155 |
| &nbsp;&nbsp;&nbsp; American Healthcare REIT Inc <sup>‡</sup> | 23400 | 818 |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent, Cl A <sup>‡</sup> | 52700 | 1995 |
| &nbsp;&nbsp;&nbsp; Americold Realty Trust Inc <sup>‡</sup> | 47700 | 790 |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Inc <sup>\*</sup> | 9102 | 32 |
| &nbsp;&nbsp;&nbsp; Apartment Investment and Management Co, Cl A <sup>\*</sup><sup>‡</sup> | 23300 | 186 |
| &nbsp;&nbsp;&nbsp; Apple Hospitality REIT Inc <sup>‡</sup> | 34500 | 400 |
| &nbsp;&nbsp;&nbsp; Armada Hoffler Properties Inc <sup>‡</sup> | 13800 | 96 |
| &nbsp;&nbsp;&nbsp; Braemar Hotels & Resorts Inc <sup>‡</sup> | 13600 | 31 |
| &nbsp;&nbsp;&nbsp; Brandywine Realty Trust <sup>‡</sup> | 18539 | 78 |
| &nbsp;&nbsp;&nbsp; Brixmor Property Group Inc <sup>‡</sup> | 47400 | 1204 |
| &nbsp;&nbsp;&nbsp; Broadstone Net Lease Inc, Cl A <sup>‡</sup> | 30400 | 484 |
| &nbsp;&nbsp;&nbsp; BRT Apartments Corp <sup>‡</sup> | 2400 | 38 |
| &nbsp;&nbsp;&nbsp; CareTrust REIT Inc <sup>‡</sup> | 31453 | 905 |
| &nbsp;&nbsp;&nbsp; CBL & Associates Properties Inc <sup>‡</sup> | 3700 | 93 |
| &nbsp;&nbsp;&nbsp; Centerspace <sup>‡</sup> | 2403 | 153 |
| &nbsp;&nbsp;&nbsp; Chatham Lodging Trust <sup>‡</sup> | 10435 | 74 |
| &nbsp;&nbsp;&nbsp; City Office REIT Inc <sup>‡</sup> | 11000 | 54 |
| &nbsp;&nbsp;&nbsp; Clipper Realty Inc <sup>‡</sup> | 3500 | 13 |
| &nbsp;&nbsp;&nbsp; Community Healthcare Trust Inc <sup>‡</sup> | 5400 | 88 |
| &nbsp;&nbsp;&nbsp; Compass Inc, Cl A <sup>\*</sup> | 58800 | 348 |
| &nbsp;&nbsp;&nbsp; COPT Defense Properties <sup>‡</sup> | 17730 | 487 |
| &nbsp;&nbsp;&nbsp; Cousins Properties Inc <sup>‡</sup> | 27245 | 765 |
| &nbsp;&nbsp;&nbsp; CTO Realty Growth Inc <sup>‡</sup> | 4254 | 78 |
| &nbsp;&nbsp;&nbsp; CubeSmart <sup>‡</sup> | 36122 | 1545 |
| &nbsp;&nbsp;&nbsp; Curbline Properties Corp <sup>\*</sup><sup>‡</sup> | 15602 | 354 |
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield PLC <sup>\*</sup> | 39200 | 393 |
| &nbsp;&nbsp;&nbsp; DiamondRock Hospitality Co <sup>‡</sup> | 28707 | 219 |
| &nbsp;&nbsp;&nbsp; Diversified Healthcare Trust <sup>‡</sup> | 22607 | 71 |
| &nbsp;&nbsp;&nbsp; Douglas Emmett Inc <sup>‡</sup> | 25085 | 357 |
| &nbsp;&nbsp;&nbsp; Easterly Government Properties Inc, Cl A <sup>‡</sup> | 5040 | 110 |
| &nbsp;&nbsp;&nbsp; EastGroup Properties Inc <sup>‡</sup> | 7885 | 1337 |
| &nbsp;&nbsp;&nbsp; Elme Communities <sup>‡</sup> | 16013 | 257 |
| &nbsp;&nbsp;&nbsp; Empire State Realty Trust Inc, Cl A <sup>‡</sup> | 17400 | 133 |
| &nbsp;&nbsp;&nbsp; EPR Properties <sup>‡</sup> | 11851 | 660 |
| &nbsp;&nbsp;&nbsp; Equity LifeStyle Properties Inc <sup>‡</sup> | 29364 | 1867 |
| &nbsp;&nbsp;&nbsp; Essential Properties Realty Trust Inc <sup>‡</sup> | 28400 | 923 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; eXp World Holdings Inc  | 13900 | $118 |
| &nbsp;&nbsp;&nbsp; Farmland Partners Inc <sup>‡</sup> | 3700 | 42 |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust Inc <sup>‡</sup> | 20953 | 1036 |
| &nbsp;&nbsp;&nbsp; Forestar Group Inc <sup>\*</sup> | 3867 | 74 |
| &nbsp;&nbsp;&nbsp; Four Corners Property Trust Inc <sup>‡</sup> | 15119 | 417 |
| &nbsp;&nbsp;&nbsp; FRP Holdings Inc <sup>\*</sup> | 2876 | 78 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties Inc <sup>‡</sup> | 40531 | 1893 |
| &nbsp;&nbsp;&nbsp; Getty Realty Corp <sup>‡</sup> | 9389 | 275 |
| &nbsp;&nbsp;&nbsp; Gladstone Commercial Corp <sup>‡</sup> | 8519 | 122 |
| &nbsp;&nbsp;&nbsp; Gladstone Land Corp <sup>‡</sup> | 7000 | 69 |
| &nbsp;&nbsp;&nbsp; Global Medical REIT Inc <sup>‡</sup> | 12700 | 81 |
| &nbsp;&nbsp;&nbsp; Global Net Lease Inc <sup>‡</sup> | 33762 | 262 |
| &nbsp;&nbsp;&nbsp; Healthcare Realty Trust Inc, Cl A <sup>‡</sup> | 55505 | 805 |
| &nbsp;&nbsp;&nbsp; Highwoods Properties Inc <sup>‡</sup> | 16368 | 486 |
| &nbsp;&nbsp;&nbsp; Howard Hughes Holdings Inc <sup>\*</sup> | 5117 | 350 |
| &nbsp;&nbsp;&nbsp; Hudson Pacific Properties Inc <sup>‡</sup> | 27870 | 52 |
| &nbsp;&nbsp;&nbsp; Independence Realty Trust Inc <sup>‡</sup> | 34701 | 645 |
| &nbsp;&nbsp;&nbsp; Industrial Logistics Properties Trust <sup>‡</sup> | 10700 | 35 |
| &nbsp;&nbsp;&nbsp; Innovative Industrial Properties Inc, Cl A <sup>‡</sup> | 4400 | 243 |
| &nbsp;&nbsp;&nbsp; InvenTrust Properties Corp <sup>‡</sup> | 12300 | 346 |
| &nbsp;&nbsp;&nbsp; JBG SMITH Properties <sup>‡</sup> | 12200 | 209 |
| &nbsp;&nbsp;&nbsp; Jones Lang LaSalle Inc <sup>\*</sup> | 7347 | 1636 |
| &nbsp;&nbsp;&nbsp; Kennedy-Wilson Holdings Inc  | 14729 | 94 |
| &nbsp;&nbsp;&nbsp; Kilroy Realty Corp <sup>‡</sup> | 18843 | 607 |
| &nbsp;&nbsp;&nbsp; Kite Realty Group Trust <sup>‡</sup> | 33321 | 737 |
| &nbsp;&nbsp;&nbsp; Lamar Advertising Co, Cl A <sup>‡</sup> | 13497 | 1627 |
| &nbsp;&nbsp;&nbsp; Lineage Inc <sup>‡</sup> | 10000 | 427 |
| &nbsp;&nbsp;&nbsp; LTC Properties Inc <sup>‡</sup> | 8117 | 287 |
| &nbsp;&nbsp;&nbsp; LXP Industrial Trust, Cl B <sup>‡</sup> | 45190 | 388 |
| &nbsp;&nbsp;&nbsp; Macerich Co/The <sup>‡</sup> | 40645 | 658 |
| &nbsp;&nbsp;&nbsp; Marcus & Millichap Inc  | 2700 | 78 |
| &nbsp;&nbsp;&nbsp; Medical Properties Trust Inc <sup>‡</sup> | 93362 | 427 |
| &nbsp;&nbsp;&nbsp; MILLROSE PROPERTIES <sup>\*</sup> | 18500 | 516 |
| &nbsp;&nbsp;&nbsp; National Health Investors Inc <sup>‡</sup> | 7464 | 541 |
| &nbsp;&nbsp;&nbsp; National Storage Affiliates Trust <sup>‡</sup> | 10400 | 358 |
| &nbsp;&nbsp;&nbsp; NET Lease Office Properties <sup>\*</sup><sup>‡</sup> | 2895 | 90 |
| &nbsp;&nbsp;&nbsp; NETSTREIT Corp <sup>‡</sup> | 15000 | 241 |
| &nbsp;&nbsp;&nbsp; Newmark Group Inc, Cl A  | 18505 | 204 |
| &nbsp;&nbsp;&nbsp; NexPoint Residential Trust Inc <sup>‡</sup> | 2600 | 88 |
| &nbsp;&nbsp;&nbsp; NNN REIT Inc <sup>‡</sup> | 29543 | 1234 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors Inc <sup>‡</sup> | 43157 | 1597 |
| &nbsp;&nbsp;&nbsp; One Liberty Properties Inc <sup>‡</sup> | 3662 | 90 |
| &nbsp;&nbsp;&nbsp; Opendoor Technologies Inc <sup>\*</sup> | 103100 | 67 |
| &nbsp;&nbsp;&nbsp; Orion Office REIT Inc <sup>‡</sup> | 11900 | 23 |
| &nbsp;&nbsp;&nbsp; Outfront Media Inc <sup>‡</sup> | 23608 | 390 |
| &nbsp;&nbsp;&nbsp; Paramount Group Inc <sup>‡</sup> | 30300 | 183 |
| &nbsp;&nbsp;&nbsp; Park Hotels & Resorts Inc <sup>‡</sup> | 30859 | 320 |
| &nbsp;&nbsp;&nbsp; Peakstone Realty Trust <sup>‡</sup> | 5500 | 68 |
| &nbsp;&nbsp;&nbsp; Pebblebrook Hotel Trust <sup>‡</sup> | 19625 | 180 |
| &nbsp;&nbsp;&nbsp; Phillips Edison & Co Inc <sup>‡</sup> | 19000 | 674 |
| &nbsp;&nbsp;&nbsp; Piedmont Office Realty Trust Inc, Cl A <sup>‡</sup> | 20266 | 144 |
| &nbsp;&nbsp;&nbsp; Plymouth Industrial REIT Inc <sup>‡</sup> | 7000 | 113 |
| &nbsp;&nbsp;&nbsp; Postal Realty Trust Inc, Cl A <sup>‡</sup> | 2600 | 36 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; PotlatchDeltic Corp <sup>‡</sup> | 12642 | $497 |
| &nbsp;&nbsp;&nbsp; Rayonier Inc <sup>‡</sup> | 25020 | 593 |
| &nbsp;&nbsp;&nbsp; RE/MAX Holdings Inc, Cl A <sup>\*</sup> | 4200 | 32 |
| &nbsp;&nbsp;&nbsp; Real Brokerage Inc/The <sup>\*</sup> | 15600 | 64 |
| &nbsp;&nbsp;&nbsp; Redfin Corp <sup>\*</sup> | 20600 | 206 |
| &nbsp;&nbsp;&nbsp; Rexford Industrial Realty Inc <sup>‡</sup> | 35500 | 1251 |
| &nbsp;&nbsp;&nbsp; RLJ Lodging Trust <sup>‡</sup> | 21954 | 160 |
| &nbsp;&nbsp;&nbsp; RMR Group Inc/The, Cl A  | 1070 | 16 |
| &nbsp;&nbsp;&nbsp; Ryman Hospitality Properties Inc <sup>‡</sup> | 8860 | 860 |
| &nbsp;&nbsp;&nbsp; Sabra Health Care REIT Inc <sup>‡</sup> | 36520 | 638 |
| &nbsp;&nbsp;&nbsp; Safehold Inc <sup>‡</sup> | 6727 | 101 |
| &nbsp;&nbsp;&nbsp; Saul Centers Inc <sup>‡</sup> | 2644 | 89 |
| &nbsp;&nbsp;&nbsp; Seaport Entertainment Group Inc <sup>\*</sup> | 1288 | 25 |
| &nbsp;&nbsp;&nbsp; Service Properties Trust <sup>‡</sup> | 28741 | 67 |
| &nbsp;&nbsp;&nbsp; SITE Centers Corp <sup>‡</sup> | 7801 | 93 |
| &nbsp;&nbsp;&nbsp; SL Green Realty Corp <sup>‡</sup> | 11683 | 663 |
| &nbsp;&nbsp;&nbsp; St Joe Co/The  | 5200 | 232 |
| &nbsp;&nbsp;&nbsp; STAG Industrial Inc <sup>‡</sup> | 28756 | 1023 |
| &nbsp;&nbsp;&nbsp; Star Holdings <sup>\*</sup><sup>‡</sup> | 2282 | 14 |
| &nbsp;&nbsp;&nbsp; Stratus Properties Inc <sup>\*</sup> | 1200 | 22 |
| &nbsp;&nbsp;&nbsp; Summit Hotel Properties Inc <sup>‡</sup> | 10629 | 47 |
| &nbsp;&nbsp;&nbsp; Sun Communities Inc <sup>‡</sup> | 20621 | 2545 |
| &nbsp;&nbsp;&nbsp; Sunstone Hotel Investors Inc <sup>‡</sup> | 32338 | 290 |
| &nbsp;&nbsp;&nbsp; Tanger Inc <sup>‡</sup> | 18749 | 559 |
| &nbsp;&nbsp;&nbsp; Tejon Ranch Co <sup>\*</sup> | 4876 | 81 |
| &nbsp;&nbsp;&nbsp; Terreno Realty Corp <sup>‡</sup> | 16463 | 929 |
| &nbsp;&nbsp;&nbsp; UMH Properties Inc <sup>‡</sup> | 13800 | 232 |
| &nbsp;&nbsp;&nbsp; Uniti Group Inc <sup>‡</sup> | 36660 | 158 |
| &nbsp;&nbsp;&nbsp; Universal Health Realty Income Trust <sup>‡</sup> | 1116 | 44 |
| &nbsp;&nbsp;&nbsp; Urban Edge Properties <sup>‡</sup> | 19700 | 358 |
| &nbsp;&nbsp;&nbsp; Veris Residential Inc <sup>‡</sup> | 12567 | 191 |
| &nbsp;&nbsp;&nbsp; Vornado Realty Trust <sup>\*</sup><sup>‡</sup> | 28400 | 1070 |
| &nbsp;&nbsp;&nbsp; Whitestone REIT, Cl B <sup>‡</sup> | 8077 | 100 |
| &nbsp;&nbsp;&nbsp; WP Carey Inc <sup>‡</sup> | 33800 | 2121 |
| &nbsp;&nbsp;&nbsp; Xenia Hotels & Resorts Inc <sup>‡</sup> | 19500 | 238 |
| &nbsp;&nbsp;&nbsp; Zillow Group Inc, Cl A <sup>\*</sup> | 7991 | 529 |
| &nbsp;&nbsp;&nbsp; Zillow Group Inc, Cl C <sup>\*</sup> | 24097 | 1617 |
|  |  | 58985 |
| **Utilities — 1.7%** | **Utilities — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; ALLETE Inc  | 9870 | 642 |
| &nbsp;&nbsp;&nbsp; American States Water Co  | 5774 | 455 |
| &nbsp;&nbsp;&nbsp; Avista Corp  | 11952 | 460 |
| &nbsp;&nbsp;&nbsp; Black Hills Corp  | 12102 | 708 |
| &nbsp;&nbsp;&nbsp; Brookfield Renewable Corp <sup>\*</sup> | 21316 | 626 |
| &nbsp;&nbsp;&nbsp; California Water Service Group  | 9041 | 427 |
| &nbsp;&nbsp;&nbsp; Chesapeake Utilities Corp  | 3715 | 454 |
| &nbsp;&nbsp;&nbsp; Clearway Energy Inc, Cl A  | 6900 | 199 |
| &nbsp;&nbsp;&nbsp; Clearway Energy Inc, Cl C  | 12500 | 385 |
| &nbsp;&nbsp;&nbsp; Consolidated Water Co Ltd  | 3100 | 84 |
| &nbsp;&nbsp;&nbsp; Essential Utilities Inc  | 40637 | 1566 |
| &nbsp;&nbsp;&nbsp; Genie Energy Ltd, Cl B  | 100 | 2 |
| &nbsp;&nbsp;&nbsp; Global Water Resources Inc  | 2800 | 28 |
| &nbsp;&nbsp;&nbsp; Hawaiian Electric Industries Inc <sup>\*</sup> | 27658 | 295 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Extended Market Index Fund** (Concluded)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; IDACORP Inc, Cl Rights  | 8924 | $| 1062 |
| &nbsp;&nbsp;&nbsp; MDU Resources Group Inc  | 34832 |  | 599 |
| &nbsp;&nbsp;&nbsp; MGE Energy Inc  | 6214 |  | 561 |
| &nbsp;&nbsp;&nbsp; Middlesex Water Co  | 2901 |  | 168 |
| &nbsp;&nbsp;&nbsp; Montauk Renewables Inc <sup>\*</sup> | 11500 |  | 21 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co  | 13688 |  | 1130 |
| &nbsp;&nbsp;&nbsp; New Jersey Resources Corp  | 15594 |  | 716 |
| &nbsp;&nbsp;&nbsp; Northwest Natural Holding Co  | 6876 |  | 282 |
| &nbsp;&nbsp;&nbsp; Northwestern Energy Group Inc  | 9946 |  | 550 |
| &nbsp;&nbsp;&nbsp; OGE Energy Corp  | 30876 |  | 1373 |
| &nbsp;&nbsp;&nbsp; ONE Gas Inc  | 8800 |  | 658 |
| &nbsp;&nbsp;&nbsp; Ormat Technologies Inc  | 8934 |  | 664 |
| &nbsp;&nbsp;&nbsp; Otter Tail Corp  | 6646 |  | 513 |
| &nbsp;&nbsp;&nbsp; Portland General Electric Co  | 16000 |  | 678 |
| &nbsp;&nbsp;&nbsp; Pure Cycle Corp <sup>\*</sup> | 5900 |  | 63 |
| &nbsp;&nbsp;&nbsp; SJW Group  | 4764 |  | 250 |
| &nbsp;&nbsp;&nbsp; Southwest Gas Holdings Inc  | 9941 |  | 714 |
| &nbsp;&nbsp;&nbsp; Spire Inc  | 9203 |  | 693 |
| &nbsp;&nbsp;&nbsp; Sunnova Energy International Inc <sup>\*</sup> | 19800 |  | 4 |
| &nbsp;&nbsp;&nbsp; TXNM Energy Inc  | 15117 |  | 857 |
| &nbsp;&nbsp;&nbsp; UGI Corp  | 32996 |  | 1190 |
| &nbsp;&nbsp;&nbsp; Unitil Corp  | 3258 |  | 179 |
| &nbsp;&nbsp;&nbsp; York Water Co/The  | 2952 |  | 96 |
|  |  |  | 19352 |
|  Total Common Stock  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $705,848) ($ Thousands) |  |  | 1105580 |
| **REGISTERED INVESTMENT COMPANY — 0.0%** | **REGISTERED INVESTMENT COMPANY — 0.0%** | **REGISTERED INVESTMENT COMPANY — 0.0%** | **REGISTERED INVESTMENT COMPANY — 0.0%** |
| &nbsp;&nbsp;&nbsp; NexPoint Diversified Real Estate Trust  | 7039 |  | 29 |
|  Total Registered Investment Company  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $78) ($ Thousands) |  |  | 29 |
|  | Number of<br> Rights |  |  |
| **RIGHTS — 0.0%** | **RIGHTS — 0.0%** | **RIGHTS — 0.0%** | **RIGHTS — 0.0%** |
| &nbsp;&nbsp;&nbsp; Novartis AG CVR \*<sup>‡</sup><sup>‡</sup> | 10960 |  | 4 |
| &nbsp;&nbsp;&nbsp; Tobira Therapeutics CVR, Expires 12/31/2028 \*(A) | 2300 |  | – |
|  Total Rights |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $—) ($ Thousands) |  |  | 4 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **CASH EQUIVALENT — 1.4%** | **CASH EQUIVALENT — 1.4%** | **CASH EQUIVALENT — 1.4%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 15646037 | $15646 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $15,646) ($ Thousands) |  | 15646 |
| Total Investments in Securities — 99.9% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $721,572) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $721,572) ($ Thousands)  | $1121259 |

---

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Russell 2000 Index E-MINI | 95 | Jun-2025 | $9074 | $9824 | $750 |
| &nbsp;&nbsp; S&P 500 Index E-MINI | 6 | Jun-2025 | 1562 | 1775 | 213 |
| &nbsp;&nbsp; S&P Mid Cap 400 Index E-MINI | 12 | Jun-2025 | 3471 | 3605 | 134 |
|  |  |  | $14107 | $15204 | $1097 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $1,122,322 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>‡</sup><sup>‡</sup> | Expiration date not available. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (A) | Level 3 security in accordance with fair value hierarchy. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)<sup>(1)</sup>** |  | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 1105104 | 476 |  |  | 1105580 |
| &nbsp;&nbsp;&nbsp; Registered Investment Company | 29 |  |  |  | 29 |
| &nbsp;&nbsp;&nbsp; Rights | 4 |  |  | ^ | 4 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 15646 | – |  |  | 15646 |
|  Total Investments in Securities | 1120783 | 476 |  |  | 1121259 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 1097 |  |  | 1097 |
| Total Other Financial Instruments | 1097 |  |  | 1097 |

---

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

^ This category includes securities with a value of $—.

(1) A reconciliation of Level 3 instruments is presented when the Fund has a significant amount of Level 3 investments at the end of the period in relation to the net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Investments Co  | $1132 | $76 | $(100) | $46 | $229 | $1383 | $15 | $— |
|  SEI Liquidity Fund, LP  | 18 |  |  |  | (18) |  | 13 |  |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | 26720 | $212553 | (223627) | $— |  | 15646 | 1132 |  |
| Totals  | $27870 | $212629 | $(223727) | $46 | $211 | $17029 | $1160 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small Cap Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 97.4%** | **COMMON STOCK — 97.4%** | **COMMON STOCK — 97.4%** |
| **Communication Services — 2.1%** | **Communication Services — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; Advantage Solutions Inc <sup>\*</sup> | 50251 | $60 |
| &nbsp;&nbsp;&nbsp; AMC Networks Inc, Cl A <sup>\*</sup> | 9100 | 60 |
| &nbsp;&nbsp;&nbsp; Anterix Inc <sup>\*</sup> | 2590 | 69 |
| &nbsp;&nbsp;&nbsp; AST SpaceMobile Inc, Cl A <sup>\*</sup> | 3138 | 72 |
| &nbsp;&nbsp;&nbsp; Bandwidth Inc, Cl A <sup>\*</sup> | 7190 | 101 |
| &nbsp;&nbsp;&nbsp; EverQuote Inc, Cl A <sup>\*</sup> | 23804 | 549 |
| &nbsp;&nbsp;&nbsp; EW Scripps Co/The, Cl A <sup>\*</sup> | 62531 | 139 |
| &nbsp;&nbsp;&nbsp; Gambling.com Group Ltd <sup>\*</sup> | 39153 | 462 |
| &nbsp;&nbsp;&nbsp; Gogo Inc <sup>\*</sup> | 18570 | 197 |
| &nbsp;&nbsp;&nbsp; Grindr Inc <sup>\*</sup> | 8230 | 201 |
| &nbsp;&nbsp;&nbsp; IDT Corp, Cl B  | 6780 | 418 |
| &nbsp;&nbsp;&nbsp; IMAX Corp <sup>\*</sup> | 3928 | 109 |
| &nbsp;&nbsp;&nbsp; Iridium Communications Inc  | 6470 | 164 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Sports Corp, Cl A <sup>\*</sup> | 1010 | 192 |
| &nbsp;&nbsp;&nbsp; MediaAlpha Inc, Cl A <sup>\*</sup> | 47050 | 480 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group Inc, Cl A  | 3600 | 614 |
| &nbsp;&nbsp;&nbsp; Outbrain Inc <sup>\*</sup> | 24940 | 64 |
| &nbsp;&nbsp;&nbsp; Playstudios Inc <sup>\*</sup> | 53044 | 71 |
| &nbsp;&nbsp;&nbsp; Playtika Holding Corp  | 17700 | 84 |
| &nbsp;&nbsp;&nbsp; QuinStreet Inc <sup>\*</sup> | 4060 | 62 |
| &nbsp;&nbsp;&nbsp; Shutterstock Inc  | 5100 | 94 |
| &nbsp;&nbsp;&nbsp; Spok Holdings Inc  | 13350 | 216 |
| &nbsp;&nbsp;&nbsp; Telephone and Data Systems Inc  | 2510 | 86 |
| &nbsp;&nbsp;&nbsp; Thryv Holdings Inc <sup>\*</sup> | 6110 | 81 |
| &nbsp;&nbsp;&nbsp; Townsquare Media Inc, Cl A  | 11467 | 79 |
| &nbsp;&nbsp;&nbsp; Yelp Inc, Cl A <sup>\*</sup> | 11570 | 442 |
| &nbsp;&nbsp;&nbsp; ZoomInfo Technologies Inc, Cl A <sup>\*</sup> | 22500 | 215 |
|  |  | 5381 |
| **Consumer Discretionary — 9.9%** | **Consumer Discretionary — 9.9%** |  |
| &nbsp;&nbsp;&nbsp; Academy Sports & Outdoors Inc  | 6900 | 282 |
| &nbsp;&nbsp;&nbsp; Adtalem Global Education Inc <sup>\*</sup> | 6540 | 863 |
| &nbsp;&nbsp;&nbsp; Amer Sports Inc <sup>\*</sup> | 4223 | 154 |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing Holdings Inc <sup>\*</sup> | 138680 | 609 |
| &nbsp;&nbsp;&nbsp; American Public Education Inc <sup>\*</sup> | 14781 | 435 |
| &nbsp;&nbsp;&nbsp; America's Car-Mart Inc/TX <sup>\*</sup> | 2400 | 119 |
| &nbsp;&nbsp;&nbsp; Asbury Automotive Group Inc <sup>\*</sup> | 950 | 217 |
| &nbsp;&nbsp;&nbsp; AutoNation Inc <sup>\*</sup> | 3580 | 658 |
| &nbsp;&nbsp;&nbsp; Biglari Holdings Inc, Cl B <sup>\*</sup> | 1023 | 253 |
| &nbsp;&nbsp;&nbsp; BJ's Restaurants Inc <sup>\*</sup> | 4980 | 222 |
| &nbsp;&nbsp;&nbsp; Bloomin' Brands Inc  | 20000 | 153 |
| &nbsp;&nbsp;&nbsp; Boot Barn Holdings Inc <sup>\*</sup> | 3855 | 618 |
| &nbsp;&nbsp;&nbsp; Brinker International Inc <sup>\*</sup> | 4218 | 728 |
| &nbsp;&nbsp;&nbsp; Build-A-Bear Workshop Inc, Cl A  | 14882 | 760 |
| &nbsp;&nbsp;&nbsp; Carriage Services Inc, Cl A  | 1250 | 54 |
| &nbsp;&nbsp;&nbsp; Cheesecake Factory Inc/The  | 1935 | 107 |
| &nbsp;&nbsp;&nbsp; Cricut Inc, Cl A  | 5160 | 31 |
| &nbsp;&nbsp;&nbsp; Crocs Inc <sup>\*</sup> | 3100 | 316 |
| &nbsp;&nbsp;&nbsp; Designer Brands Inc, Cl A  | 20680 | 73 |
| &nbsp;&nbsp;&nbsp; Dillard's Inc, Cl A  | 250 | 99 |
| &nbsp;&nbsp;&nbsp; Dine Brands Global Inc  | 5960 | 143 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Dutch Bros Inc, Cl A <sup>\*</sup> | 4024 | $291 |
| &nbsp;&nbsp;&nbsp; El Pollo Loco Holdings Inc <sup>\*</sup> | 28800 | 302 |
| &nbsp;&nbsp;&nbsp; EVgo Inc, Cl A <sup>\*</sup> | 16920 | 67 |
| &nbsp;&nbsp;&nbsp; Flexsteel Industries Inc  | 13838 | 420 |
| &nbsp;&nbsp;&nbsp; GigaCloud Technology Inc, Cl A <sup>\*</sup> | 4820 | 85 |
| &nbsp;&nbsp;&nbsp; G-III Apparel Group Ltd <sup>\*</sup> | 14600 | 424 |
| &nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co/The <sup>\*</sup> | 16500 | 188 |
| &nbsp;&nbsp;&nbsp; Graham Holdings Co, Cl B  | 165 | 157 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education Inc <sup>\*</sup> | 2581 | 511 |
| &nbsp;&nbsp;&nbsp; Group 1 Automotive Inc  | 2550 | 1081 |
| &nbsp;&nbsp;&nbsp; Groupon Inc, Cl A <sup>\*</sup> | 19453 | 567 |
| &nbsp;&nbsp;&nbsp; H&R Block Inc  | 14710 | 838 |
| &nbsp;&nbsp;&nbsp; Harley-Davidson Inc  | 6700 | 162 |
| &nbsp;&nbsp;&nbsp; Haverty Furniture Cos Inc  | 7400 | 155 |
| &nbsp;&nbsp;&nbsp; Hooker Furnishings Corp  | 9714 | 95 |
| &nbsp;&nbsp;&nbsp; Hovnanian Enterprises Inc, Cl A <sup>\*</sup> | 1492 | 135 |
| &nbsp;&nbsp;&nbsp; Inspired Entertainment Inc <sup>\*</sup> | 10205 | 80 |
| &nbsp;&nbsp;&nbsp; Laureate Education Inc, Cl A <sup>\*</sup> | 18289 | 412 |
| &nbsp;&nbsp;&nbsp; La-Z-Boy Inc  | 10900 | 457 |
| &nbsp;&nbsp;&nbsp; Lear Corp  | 290 | 26 |
| &nbsp;&nbsp;&nbsp; Lincoln Educational Services Corp <sup>\*</sup> | 5305 | 126 |
| &nbsp;&nbsp;&nbsp; Lindblad Expeditions Holdings Inc <sup>\*</sup> | 47842 | 502 |
| &nbsp;&nbsp;&nbsp; M/I Homes Inc <sup>\*</sup> | 4100 | 437 |
| &nbsp;&nbsp;&nbsp; Marine Products Corp  | 6597 | 55 |
| &nbsp;&nbsp;&nbsp; Marriott Vacations Worldwide Corp  | 1150 | 76 |
| &nbsp;&nbsp;&nbsp; Mattel Inc <sup>\*</sup> | 16900 | 320 |
| &nbsp;&nbsp;&nbsp; Meritage Homes Corp  | 9400 | 598 |
| &nbsp;&nbsp;&nbsp; Modine Manufacturing Co <sup>\*</sup> | 1645 | 149 |
| &nbsp;&nbsp;&nbsp; Murphy USA Inc  | 625 | 267 |
| &nbsp;&nbsp;&nbsp; Nathan's Famous Inc  | 1237 | 132 |
| &nbsp;&nbsp;&nbsp; ODP Corp/The <sup>\*</sup> | 9100 | 150 |
| &nbsp;&nbsp;&nbsp; Ollie's Bargain Outlet Holdings Inc <sup>\*</sup> | 5655 | 630 |
| &nbsp;&nbsp;&nbsp; OneSpaWorld Holdings Ltd  | 15354 | 290 |
| &nbsp;&nbsp;&nbsp; Penske Automotive Group Inc  | 1190 | 195 |
| &nbsp;&nbsp;&nbsp; Perdoceo Education Corp  | 31876 | 1085 |
| &nbsp;&nbsp;&nbsp; Phinia Inc  | 5500 | 239 |
| &nbsp;&nbsp;&nbsp; PlayAGS Inc <sup>\*</sup> | 44025 | 538 |
| &nbsp;&nbsp;&nbsp; Polaris Inc  | 2200 | 86 |
| &nbsp;&nbsp;&nbsp; PVH Corp  | 5883 | 493 |
| &nbsp;&nbsp;&nbsp; Rocky Brands Inc  | 4115 | 94 |
| &nbsp;&nbsp;&nbsp; Rush Street Interactive Inc <sup>\*</sup> | 22180 | 281 |
| &nbsp;&nbsp;&nbsp; Sally Beauty Holdings Inc <sup>\*</sup> | 12500 | 109 |
| &nbsp;&nbsp;&nbsp; Shoe Carnival Inc  | 2400 | 46 |
| &nbsp;&nbsp;&nbsp; Signet Jewelers Ltd  | 4900 | 326 |
| &nbsp;&nbsp;&nbsp; Sonic Automotive Inc, Cl A  | 1180 | 83 |
| &nbsp;&nbsp;&nbsp; Standard Motor Products Inc  | 2250 | 68 |
| &nbsp;&nbsp;&nbsp; Stoneridge Inc <sup>\*</sup> | 23770 | 119 |
| &nbsp;&nbsp;&nbsp; Stride Inc <sup>\*</sup> | 1722 | 261 |
| &nbsp;&nbsp;&nbsp; Sturm Ruger & Co Inc  | 1630 | 59 |
| &nbsp;&nbsp;&nbsp; Texas Roadhouse Inc, Cl A  | 1810 | 353 |
| &nbsp;&nbsp;&nbsp; ThredUp Inc, Cl A <sup>\*</sup> | 56339 | 406 |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co  | 8300 | 403 |
| &nbsp;&nbsp;&nbsp; Tri Pointe Homes Inc <sup>\*</sup> | 24200 | 713 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Udemy Inc <sup>\*</sup> | 34086 | $250 |
| &nbsp;&nbsp;&nbsp; Universal Technical Institute Inc <sup>\*</sup> | 8071 | 287 |
| &nbsp;&nbsp;&nbsp; Upbound Group Inc, Cl A  | 16120 | 370 |
| &nbsp;&nbsp;&nbsp; Urban Outfitters Inc <sup>\*</sup> | 2649 | 185 |
| &nbsp;&nbsp;&nbsp; Visteon Corp <sup>\*</sup> | 3100 | 262 |
| &nbsp;&nbsp;&nbsp; Winmark Corp  | 235 | 100 |
| &nbsp;&nbsp;&nbsp; Winnebago Industries Inc  | 5300 | 180 |
| &nbsp;&nbsp;&nbsp; Xponential Fitness Inc, Cl A <sup>\*</sup> | 19914 | 179 |
|  |  | 24849 |
| **Consumer Staples — 5.5%** | **Consumer Staples — 5.5%** |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos Inc, Cl A  | 13500 | 300 |
| &nbsp;&nbsp;&nbsp; Andersons Inc/The  | 2580 | 92 |
| &nbsp;&nbsp;&nbsp; B&G Foods Inc, Cl A  | 40500 | 170 |
| &nbsp;&nbsp;&nbsp; BellRing Brands Inc <sup>\*</sup> | 2940 | 185 |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings Inc <sup>\*</sup> | 1816 | 206 |
| &nbsp;&nbsp;&nbsp; Calavo Growers Inc  | 1740 | 48 |
| &nbsp;&nbsp;&nbsp; Cal-Maine Foods Inc  | 2570 | 246 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores Inc  | 2736 | 1198 |
| &nbsp;&nbsp;&nbsp; Celsius Holdings Inc <sup>\*</sup> | 4664 | 177 |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet Co <sup>\*</sup> | 2050 | 74 |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet Co, Cl A <sup>\*</sup> | 3757 | 120 |
| &nbsp;&nbsp;&nbsp; Chefs' Warehouse Inc/The <sup>\*</sup> | 2120 | 135 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Consolidated Inc  | 2350 | 269 |
| &nbsp;&nbsp;&nbsp; Dole PLC  | 6730 | 95 |
| &nbsp;&nbsp;&nbsp; Energizer Holdings Inc  | 8500 | 198 |
| &nbsp;&nbsp;&nbsp; Flowers Foods Inc  | 8260 | 140 |
| &nbsp;&nbsp;&nbsp; Fresh Del Monte Produce Inc  | 11860 | 419 |
| &nbsp;&nbsp;&nbsp; Herbalife Ltd <sup>\*</sup> | 59120 | 462 |
| &nbsp;&nbsp;&nbsp; HF Foods Group Inc <sup>\*</sup> | 48620 | 185 |
| &nbsp;&nbsp;&nbsp; Honest Co Inc/The <sup>\*</sup> | 37710 | 190 |
| &nbsp;&nbsp;&nbsp; Ingles Markets Inc, Cl A  | 8777 | 547 |
| &nbsp;&nbsp;&nbsp; Ingredion Inc  | 7360 | 1024 |
| &nbsp;&nbsp;&nbsp; John B Sanfilippo & Son Inc  | 1220 | 76 |
| &nbsp;&nbsp;&nbsp; Lancaster Colony Corp  | 1120 | 187 |
| &nbsp;&nbsp;&nbsp; Lifeway Foods Inc <sup>\*</sup> | 9678 | 219 |
| &nbsp;&nbsp;&nbsp; Mission Produce Inc <sup>\*</sup> | 45150 | 505 |
| &nbsp;&nbsp;&nbsp; Natural Grocers by Vitamin Cottage Inc  | 5562 | 272 |
| &nbsp;&nbsp;&nbsp; Nature's Sunshine Products Inc <sup>\*</sup> | 1180 | 18 |
| &nbsp;&nbsp;&nbsp; Oil-Dri Corp of America  | 1130 | 57 |
| &nbsp;&nbsp;&nbsp; Performance Food Group Co <sup>\*</sup> | 1270 | 114 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp  | 3220 | 158 |
| &nbsp;&nbsp;&nbsp; Post Holdings Inc <sup>\*</sup> | 2390 | 264 |
| &nbsp;&nbsp;&nbsp; PriceSmart Inc  | 8589 | 927 |
| &nbsp;&nbsp;&nbsp; Primo Brands Corp  | 3136 | 104 |
| &nbsp;&nbsp;&nbsp; Reynolds Consumer Products Inc  | 3300 | 73 |
| &nbsp;&nbsp;&nbsp; Seaboard Corp  | 23 | 61 |
| &nbsp;&nbsp;&nbsp; Seneca Foods Corp, Cl A <sup>\*</sup> | 490 | 46 |
| &nbsp;&nbsp;&nbsp; SpartanNash Co  | 14130 | 275 |
| &nbsp;&nbsp;&nbsp; Spectrum Brands Holdings Inc  | 2700 | 156 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market Inc <sup>\*</sup> | 7393 | 1278 |
| &nbsp;&nbsp;&nbsp; SunOpta Inc <sup>\*</sup> | 11520 | 72 |
| &nbsp;&nbsp;&nbsp; Turning Point Brands Inc  | 4652 | 346 |
| &nbsp;&nbsp;&nbsp; Universal Corp/VA  | 2080 | 136 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; US Foods Holding Corp <sup>\*</sup> | 3400 | $269 |
| &nbsp;&nbsp;&nbsp; USANA Health Sciences Inc <sup>\*</sup> | 1220 | 36 |
| &nbsp;&nbsp;&nbsp; Village Super Market Inc, Cl A  | 19261 | 743 |
| &nbsp;&nbsp;&nbsp; Vital Farms Inc <sup>\*</sup> | 3849 | 122 |
| &nbsp;&nbsp;&nbsp; Weis Markets Inc  | 1380 | 105 |
| &nbsp;&nbsp;&nbsp; WK Kellogg Co  | 40300 | 682 |
|  |  | 13781 |
| **Energy — 3.8%** | **Energy — 3.8%** |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp  | 10042 | 189 |
| &nbsp;&nbsp;&nbsp; Archrock Inc  | 3949 | 98 |
| &nbsp;&nbsp;&nbsp; Ardmore Shipping Corp  | 3710 | 36 |
| &nbsp;&nbsp;&nbsp; Aris Water Solutions Inc, Cl A  | 7497 | 165 |
| &nbsp;&nbsp;&nbsp; Berry Corp  | 80990 | 194 |
| &nbsp;&nbsp;&nbsp; BKV Corp <sup>\*</sup> | 8480 | 182 |
| &nbsp;&nbsp;&nbsp; Cactus Inc, Cl A  | 3540 | 145 |
| &nbsp;&nbsp;&nbsp; Centrus Energy Corp, Cl A <sup>\*</sup> | 1147 | 146 |
| &nbsp;&nbsp;&nbsp; Chord Energy Corp  | 1630 | 147 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc  | 6800 | 186 |
| &nbsp;&nbsp;&nbsp; CNX Resources Corp <sup>\*</sup> | 15800 | 510 |
| &nbsp;&nbsp;&nbsp; Comstock Resources Inc <sup>\*</sup> | 6040 | 141 |
| &nbsp;&nbsp;&nbsp; CONSOL Energy Inc  | 4358 | 302 |
| &nbsp;&nbsp;&nbsp; DHT Holdings Inc  | 68750 | 796 |
| &nbsp;&nbsp;&nbsp; Diversified Energy Co PLC  | 4530 | 63 |
| &nbsp;&nbsp;&nbsp; Excelerate Energy Inc, Cl A  | 14074 | 396 |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Corp <sup>\*</sup> | 5110 | 979 |
| &nbsp;&nbsp;&nbsp; Hallador Energy Co <sup>\*</sup> | 6651 | 115 |
| &nbsp;&nbsp;&nbsp; Helmerich & Payne Inc  | 15500 | 236 |
| &nbsp;&nbsp;&nbsp; HF Sinclair Corp  | 12000 | 434 |
| &nbsp;&nbsp;&nbsp; Innovex International Inc <sup>\*</sup> | 3660 | 50 |
| &nbsp;&nbsp;&nbsp; International Seaways Inc  | 2160 | 80 |
| &nbsp;&nbsp;&nbsp; Liberty Energy Inc, Cl A  | 17700 | 205 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co  | 20290 | 873 |
| &nbsp;&nbsp;&nbsp; NOV Inc  | 26600 | 319 |
| &nbsp;&nbsp;&nbsp; Patterson-UTI Energy Inc  | 17600 | 97 |
| &nbsp;&nbsp;&nbsp; Peabody Energy Corp  | 13800 | 182 |
| &nbsp;&nbsp;&nbsp; Riley Exploration Permian Inc  | 13767 | 353 |
| &nbsp;&nbsp;&nbsp; Sable Offshore Corp <sup>\*</sup> | 4512 | 130 |
| &nbsp;&nbsp;&nbsp; SM Energy Co  | 6000 | 140 |
| &nbsp;&nbsp;&nbsp; Solaris Energy Infrastructure Inc, Cl A  | 5837 | 160 |
| &nbsp;&nbsp;&nbsp; Teekay Corp  | 78165 | 660 |
| &nbsp;&nbsp;&nbsp; Teekay Tankers Ltd, Cl A  | 2330 | 103 |
| &nbsp;&nbsp;&nbsp; World Kinect Corp  | 27850 | 763 |
|  |  | 9575 |
| **Financials — 23.2%** | **Financials — 23.2%** |  |
| &nbsp;&nbsp;&nbsp; 1st Source Corp  | 1410 | 85 |
| &nbsp;&nbsp;&nbsp; Affiliated Managers Group Inc  | 4900 | 862 |
| &nbsp;&nbsp;&nbsp; AG Mortgage Investment Trust Inc <sup>‡</sup> | 48700 | 339 |
| &nbsp;&nbsp;&nbsp; Alerus Financial Corp  | 16016 | 336 |
| &nbsp;&nbsp;&nbsp; Amalgamated Financial Corp  | 27887 | 843 |
| &nbsp;&nbsp;&nbsp; American Coastal Insurance Corp  | 3330 | 36 |
| &nbsp;&nbsp;&nbsp; American Financial Group Inc/OH  | 710 | 88 |
| &nbsp;&nbsp;&nbsp; AMERISAFE Inc  | 1460 | 69 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small Cap Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance Inc <sup>‡</sup> | 18100 | $178 |
| &nbsp;&nbsp;&nbsp; Artisan Partners Asset Management Inc, Cl A  | 3850 | 155 |
| &nbsp;&nbsp;&nbsp; Associated Banc-Corp  | 30700 | 711 |
| &nbsp;&nbsp;&nbsp; Assurant Inc  | 1270 | 258 |
| &nbsp;&nbsp;&nbsp; Atlanticus Holdings Corp <sup>\*</sup> | 9936 | 487 |
| &nbsp;&nbsp;&nbsp; Axis Capital Holdings Ltd  | 5385 | 559 |
| &nbsp;&nbsp;&nbsp; Banco Latinoamericano de Comercio Exterior SA  | 29313 | 1202 |
| &nbsp;&nbsp;&nbsp; Bank of NT Butterfield & Son Ltd/The  | 19930 | 840 |
| &nbsp;&nbsp;&nbsp; Bank OZK  | 14500 | 643 |
| &nbsp;&nbsp;&nbsp; Bank7 Corp  | 10332 | 399 |
| &nbsp;&nbsp;&nbsp; BayCom Corp  | 5154 | 136 |
| &nbsp;&nbsp;&nbsp; BCB Bancorp Inc  | 10300 | 83 |
| &nbsp;&nbsp;&nbsp; Bowhead Specialty Holdings Inc <sup>\*</sup> | 2646 | 99 |
| &nbsp;&nbsp;&nbsp; Bridgewater Bancshares Inc <sup>\*</sup> | 14670 | 215 |
| &nbsp;&nbsp;&nbsp; Brighthouse Financial Inc <sup>\*</sup> | 3600 | 215 |
| &nbsp;&nbsp;&nbsp; Brightsphere Investment Group Inc  | 60 | 2 |
| &nbsp;&nbsp;&nbsp; Burford Capital Ltd  | 2000 | 26 |
| &nbsp;&nbsp;&nbsp; Business First Bancshares Inc  | 15570 | 370 |
| &nbsp;&nbsp;&nbsp; Camden National Corp  | 17480 | 688 |
| &nbsp;&nbsp;&nbsp; Capital Bancorp Inc  | 5021 | 162 |
| &nbsp;&nbsp;&nbsp; Capital City Bank Group Inc  | 3280 | 124 |
| &nbsp;&nbsp;&nbsp; Carter Bankshares Inc <sup>\*</sup> | 8141 | 134 |
| &nbsp;&nbsp;&nbsp; Cathay General Bancorp  | 8600 | 369 |
| &nbsp;&nbsp;&nbsp; Central Pacific Financial Corp  | 2330 | 62 |
| &nbsp;&nbsp;&nbsp; Chimera Investment Corp <sup>‡</sup> | 24100 | 318 |
| &nbsp;&nbsp;&nbsp; Civista Bancshares Inc  | 13605 | 307 |
| &nbsp;&nbsp;&nbsp; CNB Financial Corp/PA  | 15760 | 342 |
| &nbsp;&nbsp;&nbsp; CNO Financial Group Inc  | 26500 | 1006 |
| &nbsp;&nbsp;&nbsp; Colony Bankcorp Inc  | 14931 | 228 |
| &nbsp;&nbsp;&nbsp; Columbia Banking System Inc  | 39800 | 931 |
| &nbsp;&nbsp;&nbsp; Community Trust Bancorp Inc  | 12230 | 624 |
| &nbsp;&nbsp;&nbsp; Crawford & Co, Cl A  | 17184 | 179 |
| &nbsp;&nbsp;&nbsp; Credit Acceptance Corp <sup>\*</sup> | 370 | 177 |
| &nbsp;&nbsp;&nbsp; Customers Bancorp Inc <sup>\*</sup> | 5300 | 270 |
| &nbsp;&nbsp;&nbsp; Dave Inc <sup>\*</sup> | 953 | 191 |
| &nbsp;&nbsp;&nbsp; Diamond Hill Investment Group Inc  | 3860 | 545 |
| &nbsp;&nbsp;&nbsp; Dime Community Bancshares Inc  | 2500 | 64 |
| &nbsp;&nbsp;&nbsp; Donegal Group Inc, Cl A  | 15559 | 314 |
| &nbsp;&nbsp;&nbsp; Employers Holdings Inc  | 12930 | 629 |
| &nbsp;&nbsp;&nbsp; Enact Holdings Inc  | 2710 | 96 |
| &nbsp;&nbsp;&nbsp; Enova International Inc <sup>\*</sup> | 3270 | 303 |
| &nbsp;&nbsp;&nbsp; Equity Bancshares Inc, Cl A  | 1470 | 57 |
| &nbsp;&nbsp;&nbsp; Esquire Financial Holdings Inc  | 3575 | 324 |
| &nbsp;&nbsp;&nbsp; Essent Group Ltd  | 4910 | 285 |
| &nbsp;&nbsp;&nbsp; Euronet Worldwide Inc <sup>\*</sup> | 2300 | 249 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd  | 960 | 333 |
| &nbsp;&nbsp;&nbsp; EVERTEC Inc  | 5300 | 192 |
| &nbsp;&nbsp;&nbsp; Farmers National Banc Corp  | 5445 | 72 |
| &nbsp;&nbsp;&nbsp; Federated Hermes Inc, Cl B  | 15400 | 650 |
| &nbsp;&nbsp;&nbsp; Fidelis Insurance Holdings Ltd  | 27360 | 478 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Financial Institutions Inc  | 5300 | $137 |
| &nbsp;&nbsp;&nbsp; First BanCorp/Puerto Rico  | 21500 | 430 |
| &nbsp;&nbsp;&nbsp; First Busey Corp  | 14914 | 330 |
| &nbsp;&nbsp;&nbsp; First Business Financial Services Inc  | 11880 | 579 |
| &nbsp;&nbsp;&nbsp; First Commonwealth Financial Corp  | 12500 | 195 |
| &nbsp;&nbsp;&nbsp; First Community Bankshares Inc  | 6900 | 259 |
| &nbsp;&nbsp;&nbsp; First Financial Bankshares Inc  | 28575 | 1008 |
| &nbsp;&nbsp;&nbsp; First Financial Corp/IN  | 13410 | 695 |
| &nbsp;&nbsp;&nbsp; First Mid Bancshares Inc  | 1510 | 53 |
| &nbsp;&nbsp;&nbsp; First Western Financial Inc <sup>\*</sup> | 3510 | 73 |
| &nbsp;&nbsp;&nbsp; FirstCash Holdings Inc  | 3732 | 477 |
| &nbsp;&nbsp;&nbsp; Five Star Bancorp  | 6340 | 177 |
| &nbsp;&nbsp;&nbsp; FNB Corp/PA  | 20700 | 287 |
| &nbsp;&nbsp;&nbsp; Forge Global Holdings Inc <sup>\*</sup> | 7935 | 110 |
| &nbsp;&nbsp;&nbsp; FS KKR Capital Corp  | 14600 | 310 |
| &nbsp;&nbsp;&nbsp; Fulton Financial Corp  | 15700 | 271 |
| &nbsp;&nbsp;&nbsp; GCM Grosvenor Inc, Cl A  | 4550 | 57 |
| &nbsp;&nbsp;&nbsp; Genworth Financial Inc, Cl A <sup>\*</sup> | 44700 | 315 |
| &nbsp;&nbsp;&nbsp; Globe Life Inc  | 2470 | 301 |
| &nbsp;&nbsp;&nbsp; Great Southern Bancorp Inc  | 3260 | 182 |
| &nbsp;&nbsp;&nbsp; Greenlight Capital Re Ltd, Cl A <sup>\*</sup> | 3450 | 50 |
| &nbsp;&nbsp;&nbsp; Guaranty Bancshares Inc/TX  | 5170 | 214 |
| &nbsp;&nbsp;&nbsp; Hamilton Insurance Group Ltd, Cl B <sup>\*</sup> | 3680 | 80 |
| &nbsp;&nbsp;&nbsp; Hamilton Lane Inc, Cl A  | 1135 | 169 |
| &nbsp;&nbsp;&nbsp; Hancock Whitney Corp  | 8300 | 454 |
| &nbsp;&nbsp;&nbsp; Hanmi Financial Corp  | 25110 | 576 |
| &nbsp;&nbsp;&nbsp; Hanover Insurance Group Inc/The  | 1650 | 290 |
| &nbsp;&nbsp;&nbsp; HBT Financial Inc  | 26225 | 614 |
| &nbsp;&nbsp;&nbsp; HCI Group Inc  | 3844 | 649 |
| &nbsp;&nbsp;&nbsp; Heritage Financial Corp/WA  | 1710 | 40 |
| &nbsp;&nbsp;&nbsp; Heritage Insurance Holdings Inc <sup>\*</sup> | 20254 | 496 |
| &nbsp;&nbsp;&nbsp; Home Bancorp Inc  | 590 | 30 |
| &nbsp;&nbsp;&nbsp; HomeTrust Bancshares Inc  | 9099 | 328 |
| &nbsp;&nbsp;&nbsp; Hope Bancorp Inc  | 26100 | 262 |
| &nbsp;&nbsp;&nbsp; Horace Mann Educators Corp  | 3100 | 135 |
| &nbsp;&nbsp;&nbsp; Houlihan Lokey Inc, Cl A  | 1730 | 302 |
| &nbsp;&nbsp;&nbsp; Independent Bank Corp/MI  | 24910 | 785 |
| &nbsp;&nbsp;&nbsp; International Money Express Inc <sup>\*</sup> | 35774 | 395 |
| &nbsp;&nbsp;&nbsp; Invesco Mortgage Capital Inc <sup>‡</sup> | 7650 | 56 |
| &nbsp;&nbsp;&nbsp; Investors Title Co  | 180 | 42 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates Inc  | 360 | 65 |
| &nbsp;&nbsp;&nbsp; Jackson Financial Inc, Cl A  | 6600 | 541 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Group PLC  | 6990 | 254 |
| &nbsp;&nbsp;&nbsp; LendingTree Inc <sup>\*</sup> | 6531 | 229 |
| &nbsp;&nbsp;&nbsp; Lincoln National Corp  | 7800 | 258 |
| &nbsp;&nbsp;&nbsp; Mercantile Bank Corp  | 17795 | 786 |
| &nbsp;&nbsp;&nbsp; Meridian Corp  | 11600 | 157 |
| &nbsp;&nbsp;&nbsp; Metrocity Bankshares Inc  | 2886 | 81 |
| &nbsp;&nbsp;&nbsp; MGIC Investment Corp  | 27090 | 717 |
| &nbsp;&nbsp;&nbsp; Mid Penn Bancorp Inc  | 15369 | 410 |
| &nbsp;&nbsp;&nbsp; MidCap Financial Investment Corp  | 21366 | 280 |
| &nbsp;&nbsp;&nbsp; Midland States Bancorp Inc  | 13400 | 226 |
| &nbsp;&nbsp;&nbsp; MidWestOne Financial Group Inc  | 2360 | 68 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Moelis & Co, Cl A  | 9145 | $522 |
| &nbsp;&nbsp;&nbsp; Morningstar Inc  | 520 | 160 |
| &nbsp;&nbsp;&nbsp; Mr Cooper Group Inc <sup>\*</sup> | 7800 | 1010 |
| &nbsp;&nbsp;&nbsp; Nelnet Inc, Cl A  | 1010 | 117 |
| &nbsp;&nbsp;&nbsp; NerdWallet Inc, Cl A <sup>\*</sup> | 46366 | 489 |
| &nbsp;&nbsp;&nbsp; New Mountain Finance Corp  | 38800 | 418 |
| &nbsp;&nbsp;&nbsp; New York Mortgage Trust Inc <sup>‡</sup> | 52000 | 340 |
| &nbsp;&nbsp;&nbsp; NewtekOne Inc  | 15204 | 165 |
| &nbsp;&nbsp;&nbsp; NMI Holdings Inc, Cl A <sup>\*</sup> | 4760 | 189 |
| &nbsp;&nbsp;&nbsp; Northeast Community Bancorp Inc  | 15000 | 339 |
| &nbsp;&nbsp;&nbsp; Northrim BanCorp Inc  | 9810 | 899 |
| &nbsp;&nbsp;&nbsp; Northwest Bancshares Inc  | 9050 | 111 |
| &nbsp;&nbsp;&nbsp; Oaktree Specialty Lending Corp  | 13100 | 192 |
| &nbsp;&nbsp;&nbsp; OFG Bancorp  | 19120 | 787 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp  | 8200 | 310 |
| &nbsp;&nbsp;&nbsp; Old Second Bancorp Inc  | 17960 | 297 |
| &nbsp;&nbsp;&nbsp; Orchid Island Capital Inc, Cl A <sup>‡</sup> | 59610 | 407 |
| &nbsp;&nbsp;&nbsp; Orrstown Financial Services Inc  | 15755 | 474 |
| &nbsp;&nbsp;&nbsp; Palomar Holdings Inc, Cl A <sup>\*</sup> | 6497 | 1114 |
| &nbsp;&nbsp;&nbsp; Pathward Financial Inc  | 1347 | 105 |
| &nbsp;&nbsp;&nbsp; Patria Investments Ltd, Cl A  | 4680 | 60 |
| &nbsp;&nbsp;&nbsp; Paymentus Holdings Inc, Cl A <sup>\*</sup> | 4680 | 179 |
| &nbsp;&nbsp;&nbsp; PCB Bancorp  | 10100 | 195 |
| &nbsp;&nbsp;&nbsp; PennantPark Investment Corp  | 43000 | 286 |
| &nbsp;&nbsp;&nbsp; Peoples Bancorp Inc/OH  | 2450 | 72 |
| &nbsp;&nbsp;&nbsp; Peoples Bancorp of North Carolina Inc  | 3325 | 92 |
| &nbsp;&nbsp;&nbsp; Peoples Financial Services Corp  | 570 | 27 |
| &nbsp;&nbsp;&nbsp; Perella Weinberg Partners, Cl A  | 4030 | 70 |
| &nbsp;&nbsp;&nbsp; Piper Sandler Cos  | 2870 | 722 |
| &nbsp;&nbsp;&nbsp; PJT Partners Inc, Cl A  | 1530 | 231 |
| &nbsp;&nbsp;&nbsp; Ponce Financial Group Inc <sup>\*</sup> | 12651 | 169 |
| &nbsp;&nbsp;&nbsp; Popular Inc  | 10840 | 1122 |
| &nbsp;&nbsp;&nbsp; Primerica Inc  | 940 | 254 |
| &nbsp;&nbsp;&nbsp; Red River Bancshares Inc  | 2298 | 129 |
| &nbsp;&nbsp;&nbsp; Regional Management Corp  | 15455 | 409 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America Inc, Cl A  | 1640 | 333 |
| &nbsp;&nbsp;&nbsp; RenaissanceRe Holdings Ltd  | 1250 | 312 |
| &nbsp;&nbsp;&nbsp; Republic Bancorp Inc/KY, Cl A  | 5863 | 402 |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp <sup>‡</sup> | 31400 | 350 |
| &nbsp;&nbsp;&nbsp; RLI Corp  | 1760 | 135 |
| &nbsp;&nbsp;&nbsp; Root Inc/OH, Cl A <sup>\*</sup> | 1236 | 162 |
| &nbsp;&nbsp;&nbsp; Safety Insurance Group Inc  | 1200 | 99 |
| &nbsp;&nbsp;&nbsp; Selective Insurance Group Inc  | 420 | 37 |
| &nbsp;&nbsp;&nbsp; Selectquote Inc <sup>\*</sup> | 207900 | 451 |
| &nbsp;&nbsp;&nbsp; Sezzle Inc <sup>\*</sup> | 2103 | 224 |
| &nbsp;&nbsp;&nbsp; Shore Bancshares Inc  | 8600 | 125 |
| &nbsp;&nbsp;&nbsp; Sierra Bancorp  | 13678 | 374 |
| &nbsp;&nbsp;&nbsp; SiriusPoint Ltd <sup>\*</sup> | 10565 | 207 |
| &nbsp;&nbsp;&nbsp; Sixth Street Specialty Lending Inc  | 12300 | 286 |
| &nbsp;&nbsp;&nbsp; Skyward Specialty Insurance Group Inc <sup>\*</sup> | 5618 | 356 |
| &nbsp;&nbsp;&nbsp; SLM Corp  | 6902 | 223 |
| &nbsp;&nbsp;&nbsp; SmartFinancial Inc  | 15517 | 493 |
| &nbsp;&nbsp;&nbsp; South Plains Financial Inc  | 1360 | 49 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Southern Missouri Bancorp Inc  | 3359 | $177 |
| &nbsp;&nbsp;&nbsp; Southern States Bancshares Inc  | 3948 | 136 |
| &nbsp;&nbsp;&nbsp; Stifel Financial Corp  | 6771 | 638 |
| &nbsp;&nbsp;&nbsp; StoneX Group Inc <sup>\*</sup> | 4888 | 414 |
| &nbsp;&nbsp;&nbsp; Sunrise Realty Trust Inc <sup>‡</sup> | 5945 | 64 |
| &nbsp;&nbsp;&nbsp; Synovus Financial Corp  | 5800 | 277 |
| &nbsp;&nbsp;&nbsp; Third Coast Bancshares Inc <sup>\*</sup> | 1030 | 32 |
| &nbsp;&nbsp;&nbsp; Towne Bank/Portsmouth VA  | 3940 | 136 |
| &nbsp;&nbsp;&nbsp; United Fire Group Inc  | 12391 | 353 |
| &nbsp;&nbsp;&nbsp; Unity Bancorp Inc  | 1670 | 74 |
| &nbsp;&nbsp;&nbsp; Universal Insurance Holdings Inc  | 20830 | 565 |
| &nbsp;&nbsp;&nbsp; Univest Financial Corp  | 10500 | 310 |
| &nbsp;&nbsp;&nbsp; USCB Financial Holdings Inc  | 8200 | 136 |
| &nbsp;&nbsp;&nbsp; Victory Capital Holdings Inc, Cl A  | 1670 | 104 |
| &nbsp;&nbsp;&nbsp; Virtu Financial Inc, Cl A  | 4280 | 172 |
| &nbsp;&nbsp;&nbsp; Voya Financial Inc  | 10 | 1 |
| &nbsp;&nbsp;&nbsp; WaFd Inc  | 12800 | 364 |
| &nbsp;&nbsp;&nbsp; Waterstone Financial Inc  | 5258 | 68 |
| &nbsp;&nbsp;&nbsp; Westamerica BanCorp  | 1010 | 49 |
| &nbsp;&nbsp;&nbsp; Western Union Co/The  | 4350 | 40 |
| &nbsp;&nbsp;&nbsp; White Mountains Insurance Group Ltd  | 135 | 241 |
| &nbsp;&nbsp;&nbsp; World Acceptance Corp <sup>\*</sup> | 4376 | 676 |
|  |  | 58331 |
| **Health Care — 13.4%** | **Health Care — 13.4%** |  |
| &nbsp;&nbsp;&nbsp; ACADIA Pharmaceuticals Inc <sup>\*</sup> | 1760 | 38 |
| &nbsp;&nbsp;&nbsp; Accuray Inc <sup>\*</sup> | 42854 | 66 |
| &nbsp;&nbsp;&nbsp; Actinium Pharmaceuticals Inc <sup>\*</sup> | 40030 | 62 |
| &nbsp;&nbsp;&nbsp; Adaptive Biotechnologies Corp <sup>\*</sup> | 14863 | 141 |
| &nbsp;&nbsp;&nbsp; Addus HomeCare Corp <sup>\*</sup> | 720 | 80 |
| &nbsp;&nbsp;&nbsp; ADMA Biologics Inc <sup>\*</sup> | 7663 | 152 |
| &nbsp;&nbsp;&nbsp; Akebia Therapeutics Inc <sup>\*</sup> | 66515 | 202 |
| &nbsp;&nbsp;&nbsp; Alector Inc <sup>\*</sup> | 51863 | 69 |
| &nbsp;&nbsp;&nbsp; Alkermes PLC <sup>\*</sup> | 8010 | 245 |
| &nbsp;&nbsp;&nbsp; Alumis Inc <sup>\*</sup> | 48377 | 169 |
| &nbsp;&nbsp;&nbsp; ALX Oncology Holdings Inc <sup>\*</sup> | 177560 | 86 |
| &nbsp;&nbsp;&nbsp; Amedisys Inc <sup>\*</sup> | 1770 | 166 |
| &nbsp;&nbsp;&nbsp; Amneal Pharmaceuticals Inc <sup>\*</sup> | 50 |  |
| &nbsp;&nbsp;&nbsp; AnaptysBio Inc <sup>\*</sup> | 6500 | 144 |
| &nbsp;&nbsp;&nbsp; ANI Pharmaceuticals Inc <sup>\*</sup> | 5508 | 323 |
| &nbsp;&nbsp;&nbsp; Ardent Health Partners Inc <sup>\*</sup> | 37190 | 538 |
| &nbsp;&nbsp;&nbsp; Avanos Medical Inc <sup>\*</sup> | 3820 | 48 |
| &nbsp;&nbsp;&nbsp; Aveanna Healthcare Holdings Inc <sup>\*</sup> | 69795 | 372 |
| &nbsp;&nbsp;&nbsp; Axsome Therapeutics Inc <sup>\*</sup> | 2135 | 225 |
| &nbsp;&nbsp;&nbsp; BioCryst Pharmaceuticals Inc <sup>\*</sup> | 15470 | 166 |
| &nbsp;&nbsp;&nbsp; Biote Corp, Cl A <sup>\*</sup> | 54244 | 188 |
| &nbsp;&nbsp;&nbsp; Bioventus Inc, Cl A <sup>\*</sup> | 36630 | 237 |
| &nbsp;&nbsp;&nbsp; Black Diamond Therapeutics Inc <sup>\*</sup> | 50950 | 112 |
| &nbsp;&nbsp;&nbsp; Blueprint Medicines Corp <sup>\*</sup> | 4697 | 476 |
| &nbsp;&nbsp;&nbsp; Bridgebio Pharma Inc <sup>\*</sup> | 4047 | 139 |
| &nbsp;&nbsp;&nbsp; BrightSpring Health Services Inc <sup>\*</sup> | 6156 | 147 |
| &nbsp;&nbsp;&nbsp; Cabaletta Bio Inc <sup>\*</sup> | 35680 | 67 |
| &nbsp;&nbsp;&nbsp; Catalyst Pharmaceuticals Inc <sup>\*</sup> | 28718 | 717 |
| &nbsp;&nbsp;&nbsp; Chemed Corp  | 491 | 282 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small Cap Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; ChromaDex Corp <sup>\*</sup> | 45184 | $489 |
| &nbsp;&nbsp;&nbsp; Coherus Biosciences Inc <sup>\*</sup> | 104612 | 81 |
| &nbsp;&nbsp;&nbsp; Collegium Pharmaceutical Inc <sup>\*</sup> | 9320 | 272 |
| &nbsp;&nbsp;&nbsp; Community Health Systems Inc <sup>\*</sup> | 27424 | 106 |
| &nbsp;&nbsp;&nbsp; Corcept Therapeutics Inc <sup>\*</sup> | 3247 | 252 |
| &nbsp;&nbsp;&nbsp; CorVel Corp <sup>\*</sup> | 1800 | 200 |
| &nbsp;&nbsp;&nbsp; Day One Biopharmaceuticals Inc <sup>\*</sup> | 19850 | 127 |
| &nbsp;&nbsp;&nbsp; Delcath Systems Inc <sup>\*</sup> | 7563 | 123 |
| &nbsp;&nbsp;&nbsp; Editas Medicine Inc, Cl A <sup>\*</sup> | 55570 | 96 |
| &nbsp;&nbsp;&nbsp; Embecta Corp  | 12160 | 128 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp  | 4939 | 597 |
| &nbsp;&nbsp;&nbsp; Enhabit Inc <sup>\*</sup> | 30940 | 325 |
| &nbsp;&nbsp;&nbsp; Enliven Therapeutics Inc <sup>\*</sup> | 680 | 12 |
| &nbsp;&nbsp;&nbsp; Ensign Group Inc/The  | 8446 | 1244 |
| &nbsp;&nbsp;&nbsp; Entrada Therapeutics Inc <sup>\*</sup> | 12448 | 95 |
| &nbsp;&nbsp;&nbsp; Eton Pharmaceuticals Inc <sup>\*</sup> | 6011 | 114 |
| &nbsp;&nbsp;&nbsp; Evolus Inc <sup>\*</sup> | 18783 | 173 |
| &nbsp;&nbsp;&nbsp; Exelixis Inc <sup>\*</sup> | 29680 | 1277 |
| &nbsp;&nbsp;&nbsp; Generation Bio Co <sup>\*</sup> | 217630 | 82 |
| &nbsp;&nbsp;&nbsp; Globus Medical Inc, Cl A <sup>\*</sup> | 3810 | 225 |
| &nbsp;&nbsp;&nbsp; GRAIL Inc <sup>\*</sup> | 4451 | 171 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics Inc <sup>\*</sup> | 10900 | 611 |
| &nbsp;&nbsp;&nbsp; Harmony Biosciences Holdings Inc <sup>\*</sup> | 17590 | 607 |
| &nbsp;&nbsp;&nbsp; HealthEquity Inc <sup>\*</sup> | 8237 | 829 |
| &nbsp;&nbsp;&nbsp; HealthStream Inc  | 6636 | 186 |
| &nbsp;&nbsp;&nbsp; Henry Schein Inc <sup>\*</sup> | 1720 | 120 |
| &nbsp;&nbsp;&nbsp; Heron Therapeutics Inc <sup>\*</sup> | 61750 | 116 |
| &nbsp;&nbsp;&nbsp; Hims & Hers Health Inc <sup>\*</sup> | 4900 | 277 |
| &nbsp;&nbsp;&nbsp; ICU Medical Inc <sup>\*</sup> | 680 | 92 |
| &nbsp;&nbsp;&nbsp; InfuSystem Holdings Inc <sup>\*</sup> | 12178 | 70 |
| &nbsp;&nbsp;&nbsp; Inmode Ltd <sup>\*</sup> | 4650 | 68 |
| &nbsp;&nbsp;&nbsp; Innoviva Inc <sup>\*</sup> | 5460 | 107 |
| &nbsp;&nbsp;&nbsp; Insmed Inc <sup>\*</sup> | 6511 | 454 |
| &nbsp;&nbsp;&nbsp; Integer Holdings Corp <sup>\*</sup> | 4690 | 557 |
| &nbsp;&nbsp;&nbsp; Ionis Pharmaceuticals Inc <sup>\*</sup> | 3160 | 106 |
| &nbsp;&nbsp;&nbsp; iRadimed Corp  | 10853 | 628 |
| &nbsp;&nbsp;&nbsp; iRhythm Technologies Inc <sup>\*</sup> | 1580 | 222 |
| &nbsp;&nbsp;&nbsp; Ironwood Pharmaceuticals Inc, Cl A <sup>\*</sup> | 425276 | 255 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals PLC <sup>\*</sup> | 10270 | 1110 |
| &nbsp;&nbsp;&nbsp; Joint Corp/The <sup>\*</sup> | 17336 | 185 |
| &nbsp;&nbsp;&nbsp; Keros Therapeutics Inc <sup>\*</sup> | 14410 | 204 |
| &nbsp;&nbsp;&nbsp; Kiniksa Pharmaceuticals International Plc, Cl A <sup>\*</sup> | 20336 | 556 |
| &nbsp;&nbsp;&nbsp; Krystal Biotech Inc <sup>\*</sup> | 530 | 67 |
| &nbsp;&nbsp;&nbsp; Kura Oncology Inc <sup>\*</sup> | 20540 | 117 |
| &nbsp;&nbsp;&nbsp; Lantheus Holdings Inc <sup>\*</sup> | 5526 | 418 |
| &nbsp;&nbsp;&nbsp; LifeMD Inc <sup>\*</sup> | 30634 | 374 |
| &nbsp;&nbsp;&nbsp; Ligand Pharmaceuticals Inc <sup>\*</sup> | 1140 | 116 |
| &nbsp;&nbsp;&nbsp; LivaNova PLC <sup>\*</sup> | 2320 | 100 |
| &nbsp;&nbsp;&nbsp; Madrigal Pharmaceuticals Inc <sup>\*</sup> | 590 | 162 |
| &nbsp;&nbsp;&nbsp; Medpace Holdings Inc <sup>\*</sup> | 430 | 127 |
| &nbsp;&nbsp;&nbsp; Merit Medical Systems Inc <sup>\*</sup> | 12307 | 1170 |
| &nbsp;&nbsp;&nbsp; Mesa Laboratories Inc  | 1140 | 115 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Mineralys Therapeutics Inc <sup>\*</sup> | 7905 | $123 |
| &nbsp;&nbsp;&nbsp; National HealthCare Corp  | 1340 | 140 |
| &nbsp;&nbsp;&nbsp; National Research Corp, Cl A  | 4780 | 65 |
| &nbsp;&nbsp;&nbsp; Neurocrine Biosciences Inc <sup>\*</sup> | 1260 | 155 |
| &nbsp;&nbsp;&nbsp; Nkarta Inc <sup>\*</sup> | 41340 | 72 |
| &nbsp;&nbsp;&nbsp; OptimizeRx Corp <sup>\*</sup> | 8070 | 98 |
| &nbsp;&nbsp;&nbsp; Option Care Health Inc <sup>\*</sup> | 19315 | 631 |
| &nbsp;&nbsp;&nbsp; OraSure Technologies Inc <sup>\*</sup> | 5510 | 16 |
| &nbsp;&nbsp;&nbsp; Organogenesis Holdings Inc, Cl A <sup>\*</sup> | 110046 | 302 |
| &nbsp;&nbsp;&nbsp; Organon & Co  | 27000 | 249 |
| &nbsp;&nbsp;&nbsp; Owens & Minor Inc <sup>\*</sup> | 27216 | 180 |
| &nbsp;&nbsp;&nbsp; Pacira BioSciences Inc <sup>\*</sup> | 12220 | 316 |
| &nbsp;&nbsp;&nbsp; PACS Group Inc <sup>\*</sup> | 55020 | 546 |
| &nbsp;&nbsp;&nbsp; Pediatrix Medical Group Inc <sup>\*</sup> | 5710 | 81 |
| &nbsp;&nbsp;&nbsp; Pennant Group Inc/The <sup>\*</sup> | 8910 | 256 |
| &nbsp;&nbsp;&nbsp; Perrigo Co PLC  | 7260 | 194 |
| &nbsp;&nbsp;&nbsp; Phibro Animal Health Corp, Cl A  | 23590 | 576 |
| &nbsp;&nbsp;&nbsp; Premier Inc, Cl A  | 24200 | 556 |
| &nbsp;&nbsp;&nbsp; Prestige Consumer Healthcare Inc <sup>\*</sup> | 2970 | 254 |
| &nbsp;&nbsp;&nbsp; Protagonist Therapeutics Inc <sup>\*</sup> | 6898 | 327 |
| &nbsp;&nbsp;&nbsp; Puma Biotechnology Inc <sup>\*</sup> | 152651 | 501 |
| &nbsp;&nbsp;&nbsp; QIAGEN NV  | 4254 | 192 |
| &nbsp;&nbsp;&nbsp; RadNet Inc <sup>\*</sup> | 7730 | 444 |
| &nbsp;&nbsp;&nbsp; Relay Therapeutics Inc <sup>\*</sup> | 23270 | 70 |
| &nbsp;&nbsp;&nbsp; Replimune Group Inc, Cl Rights <sup>\*</sup> | 16780 | 151 |
| &nbsp;&nbsp;&nbsp; Rhythm Pharmaceuticals Inc <sup>\*</sup> | 4140 | 254 |
| &nbsp;&nbsp;&nbsp; Rigel Pharmaceuticals Inc <sup>\*</sup> | 24131 | 463 |
| &nbsp;&nbsp;&nbsp; Scholar Rock Holding Corp <sup>\*</sup> | 2857 | 83 |
| &nbsp;&nbsp;&nbsp; SIGA Technologies Inc  | 88022 | 526 |
| &nbsp;&nbsp;&nbsp; Soleno Therapeutics Inc <sup>\*</sup> | 1976 | 145 |
| &nbsp;&nbsp;&nbsp; Summit Therapeutics Inc <sup>\*</sup> | 4773 | 87 |
| &nbsp;&nbsp;&nbsp; Supernus Pharmaceuticals Inc <sup>\*</sup> | 7650 | 242 |
| &nbsp;&nbsp;&nbsp; Tactile Systems Technology Inc <sup>\*</sup> | 7641 | 75 |
| &nbsp;&nbsp;&nbsp; Talkspace Inc <sup>\*</sup> | 23810 | 76 |
| &nbsp;&nbsp;&nbsp; Taysha Gene Therapies Inc <sup>\*</sup> | 50436 | 137 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp <sup>\*</sup> | 3200 | 540 |
| &nbsp;&nbsp;&nbsp; TG Therapeutics Inc <sup>\*</sup> | 5109 | 179 |
| &nbsp;&nbsp;&nbsp; Theravance Biopharma Inc <sup>\*</sup> | 15650 | 143 |
| &nbsp;&nbsp;&nbsp; Treace Medical Concepts Inc <sup>\*</sup> | 11516 | 66 |
| &nbsp;&nbsp;&nbsp; Trevi Therapeutics Inc <sup>\*</sup> | 21126 | 138 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp <sup>\*</sup> | 2922 | 932 |
| &nbsp;&nbsp;&nbsp; Universal Health Services Inc, Cl B  | 1580 | 301 |
| &nbsp;&nbsp;&nbsp; Utah Medical Products Inc  | 5656 | 312 |
| &nbsp;&nbsp;&nbsp; Verve Therapeutics Inc <sup>\*</sup> | 37700 | 168 |
| &nbsp;&nbsp;&nbsp; Viemed Healthcare Inc <sup>\*</sup> | 14263 | 95 |
| &nbsp;&nbsp;&nbsp; WaVe Life Sciences Ltd <sup>\*</sup> | 6150 | 37 |
| &nbsp;&nbsp;&nbsp; Waystar Holding Corp <sup>\*</sup> | 3863 | 154 |
| &nbsp;&nbsp;&nbsp; Xeris Biopharma Holdings Inc <sup>\*</sup> | 34255 | 169 |
|  |  | 33789 |
| **Industrials — 16.3%** | **Industrials — 16.3%** |  |
| &nbsp;&nbsp;&nbsp; ABM Industries Inc  | 7400 | 390 |
| &nbsp;&nbsp;&nbsp; ACCO Brands Corp  | 49600 | 178 |
| &nbsp;&nbsp;&nbsp; Acuity Brands Inc  | 990 | 257 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; ACV Auctions Inc, Cl A <sup>\*</sup> | 15000 | $246 |
| &nbsp;&nbsp;&nbsp; AerSale Corp <sup>\*</sup> | 14500 | 85 |
| &nbsp;&nbsp;&nbsp; Air Lease Corp, Cl A  | 3383 | 195 |
| &nbsp;&nbsp;&nbsp; Alta Equipment Group Inc  | 12720 | 60 |
| &nbsp;&nbsp;&nbsp; American Woodmark Corp <sup>\*</sup> | 7500 | 423 |
| &nbsp;&nbsp;&nbsp; Apogee Enterprises Inc  | 7500 | 290 |
| &nbsp;&nbsp;&nbsp; Applied Industrial Technologies Inc  | 1300 | 294 |
| &nbsp;&nbsp;&nbsp; ArcBest Corp  | 6600 | 414 |
| &nbsp;&nbsp;&nbsp; Archer Aviation Inc, Cl A <sup>\*</sup> | 14252 | 144 |
| &nbsp;&nbsp;&nbsp; Argan Inc  | 2973 | 625 |
| &nbsp;&nbsp;&nbsp; Astronics Corp <sup>\*</sup> | 12681 | 396 |
| &nbsp;&nbsp;&nbsp; ATI Inc <sup>\*</sup> | 2819 | 224 |
| &nbsp;&nbsp;&nbsp; Atkore Inc  | 6600 | 430 |
| &nbsp;&nbsp;&nbsp; AZEK Co Inc/The, Cl A <sup>\*</sup> | 4720 | 234 |
| &nbsp;&nbsp;&nbsp; Barrett Business Services Inc  | 9480 | 392 |
| &nbsp;&nbsp;&nbsp; Boise Cascade Co  | 2850 | 248 |
| &nbsp;&nbsp;&nbsp; Bowman Consulting Group Ltd, Cl A <sup>\*</sup> | 9620 | 241 |
| &nbsp;&nbsp;&nbsp; Brink's Co/The  | 2000 | 164 |
| &nbsp;&nbsp;&nbsp; Brookfield Business Corp, Cl A  | 9876 | 282 |
| &nbsp;&nbsp;&nbsp; BWX Technologies Inc  | 4437 | 557 |
| &nbsp;&nbsp;&nbsp; Byrna Technologies Inc <sup>\*</sup> | 1220 | 33 |
| &nbsp;&nbsp;&nbsp; Cadre Holdings Inc  | 6471 | 212 |
| &nbsp;&nbsp;&nbsp; Casella Waste Systems Inc, Cl A <sup>\*</sup> | 13320 | 1561 |
| &nbsp;&nbsp;&nbsp; Clean Harbors Inc <sup>\*</sup> | 1550 | 352 |
| &nbsp;&nbsp;&nbsp; Commercial Vehicle Group Inc <sup>\*</sup> | 65511 | 85 |
| &nbsp;&nbsp;&nbsp; Construction Partners Inc, Cl A <sup>\*</sup> | 2063 | 216 |
| &nbsp;&nbsp;&nbsp; Covenant Logistics Group Inc, Cl A  | 2430 | 55 |
| &nbsp;&nbsp;&nbsp; CRA International Inc  | 570 | 108 |
| &nbsp;&nbsp;&nbsp; Crane Co  | 5600 | 960 |
| &nbsp;&nbsp;&nbsp; CSG Systems International Inc  | 5870 | 388 |
| &nbsp;&nbsp;&nbsp; Curtiss-Wright Corp  | 980 | 431 |
| &nbsp;&nbsp;&nbsp; Custom Truck One Source Inc <sup>\*</sup> | 14630 | 63 |
| &nbsp;&nbsp;&nbsp; Deluxe Corp  | 7700 | 110 |
| &nbsp;&nbsp;&nbsp; DNOW Inc <sup>\*</sup> | 26770 | 386 |
| &nbsp;&nbsp;&nbsp; Donaldson Co Inc  | 3490 | 243 |
| &nbsp;&nbsp;&nbsp; Driven Brands Holdings Inc <sup>\*</sup> | 9679 | 172 |
| &nbsp;&nbsp;&nbsp; Ducommun Inc <sup>\*</sup> | 1220 | 86 |
| &nbsp;&nbsp;&nbsp; Dycom Industries Inc <sup>\*</sup> | 1194 | 274 |
| &nbsp;&nbsp;&nbsp; EMCOR Group Inc  | 740 | 349 |
| &nbsp;&nbsp;&nbsp; EnerSys  | 2400 | 201 |
| &nbsp;&nbsp;&nbsp; Ennis Inc  | 21298 | 398 |
| &nbsp;&nbsp;&nbsp; ESCO Technologies Inc  | 1339 | 243 |
| &nbsp;&nbsp;&nbsp; ExlService Holdings Inc <sup>\*</sup> | 24915 | 1146 |
| &nbsp;&nbsp;&nbsp; Federal Signal Corp  | 9055 | 852 |
| &nbsp;&nbsp;&nbsp; Franklin Electric Co Inc  | 1380 | 119 |
| &nbsp;&nbsp;&nbsp; Frontier Group Holdings Inc <sup>\*</sup> | 85263 | 343 |
| &nbsp;&nbsp;&nbsp; FTI Consulting Inc <sup>\*</sup> | 1630 | 268 |
| &nbsp;&nbsp;&nbsp; Gates Industrial Corp PLC <sup>\*</sup> | 25300 | 535 |
| &nbsp;&nbsp;&nbsp; Genpact Ltd  | 6000 | 258 |
| &nbsp;&nbsp;&nbsp; GEO Group Inc/The <sup>\*</sup> | 3945 | 107 |
| &nbsp;&nbsp;&nbsp; Global Industrial Co  | 4281 | 111 |
| &nbsp;&nbsp;&nbsp; GMS Inc <sup>\*</sup> | 4400 | 333 |
| &nbsp;&nbsp;&nbsp; Gorman-Rupp Co/The  | 1860 | 68 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Graham Corp <sup>\*</sup> | 6061 | $239 |
| &nbsp;&nbsp;&nbsp; Greenbrier Cos Inc/The  | 6600 | 297 |
| &nbsp;&nbsp;&nbsp; Healthcare Services Group Inc <sup>\*</sup> | 10241 | 144 |
| &nbsp;&nbsp;&nbsp; Heidrick & Struggles International Inc  | 5747 | 251 |
| &nbsp;&nbsp;&nbsp; HNI Corp  | 2770 | 129 |
| &nbsp;&nbsp;&nbsp; Huron Consulting Group Inc <sup>\*</sup> | 2253 | 322 |
| &nbsp;&nbsp;&nbsp; IBEX Holdings Ltd <sup>\*</sup> | 10458 | 301 |
| &nbsp;&nbsp;&nbsp; IES Holdings Inc <sup>\*</sup> | 719 | 187 |
| &nbsp;&nbsp;&nbsp; Innodata Inc <sup>\*</sup> | 6358 | 251 |
| &nbsp;&nbsp;&nbsp; Insteel Industries Inc  | 8565 | 300 |
| &nbsp;&nbsp;&nbsp; Interface Inc, Cl A  | 29390 | 590 |
| &nbsp;&nbsp;&nbsp; Intuitive Machines Inc <sup>\*</sup> | 5410 | 62 |
| &nbsp;&nbsp;&nbsp; Karat Packaging Inc  | 17931 | 564 |
| &nbsp;&nbsp;&nbsp; Karman Holdings Inc <sup>\*</sup> | 3397 | 146 |
| &nbsp;&nbsp;&nbsp; Kelly Services Inc, Cl A  | 10500 | 123 |
| &nbsp;&nbsp;&nbsp; Kirby Corp <sup>\*</sup> | 3598 | 398 |
| &nbsp;&nbsp;&nbsp; Korn Ferry  | 1340 | 91 |
| &nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions Inc <sup>\*</sup> | 6880 | 254 |
| &nbsp;&nbsp;&nbsp; Leonardo DRS Inc  | 9596 | 406 |
| &nbsp;&nbsp;&nbsp; Limbach Holdings Inc <sup>\*</sup> | 2420 | 310 |
| &nbsp;&nbsp;&nbsp; Lincoln Electric Holdings Inc  | 1120 | 217 |
| &nbsp;&nbsp;&nbsp; Liquidity Services Inc <sup>\*</sup> | 9240 | 216 |
| &nbsp;&nbsp;&nbsp; Loar Holdings Inc <sup>\*</sup> | 2120 | 185 |
| &nbsp;&nbsp;&nbsp; LSI Industries Inc  | 17530 | 285 |
| &nbsp;&nbsp;&nbsp; Luxfer Holdings PLC  | 17390 | 199 |
| &nbsp;&nbsp;&nbsp; Matrix Service Co <sup>\*</sup> | 9230 | 113 |
| &nbsp;&nbsp;&nbsp; Matson Inc  | 4500 | 508 |
| &nbsp;&nbsp;&nbsp; Maximus Inc  | 2940 | 213 |
| &nbsp;&nbsp;&nbsp; Mayville Engineering Co Inc <sup>\*</sup> | 370 | 6 |
| &nbsp;&nbsp;&nbsp; Mercury Systems Inc <sup>\*</sup> | 10170 | 501 |
| &nbsp;&nbsp;&nbsp; Microvast Holdings Inc <sup>\*</sup> | 34585 | 124 |
| &nbsp;&nbsp;&nbsp; Moog Inc, Cl A  | 1350 | 250 |
| &nbsp;&nbsp;&nbsp; MRC Global Inc <sup>\*</sup> | 7440 | 92 |
| &nbsp;&nbsp;&nbsp; MSA Safety Inc  | 1720 | 280 |
| &nbsp;&nbsp;&nbsp; Mueller Industries Inc  | 8750 | 681 |
| &nbsp;&nbsp;&nbsp; Mueller Water Products Inc, Cl A  | 22320 | 547 |
| &nbsp;&nbsp;&nbsp; National Presto Industries Inc  | 610 | 52 |
| &nbsp;&nbsp;&nbsp; NEXTracker Inc, Cl A <sup>\*</sup> | 4347 | 246 |
| &nbsp;&nbsp;&nbsp; Northwest Pipe Co <sup>\*</sup> | 1020 | 39 |
| &nbsp;&nbsp;&nbsp; NuScale Power Corp <sup>\*</sup> | 6061 | 194 |
| &nbsp;&nbsp;&nbsp; Omega Flex Inc  | 2410 | 79 |
| &nbsp;&nbsp;&nbsp; Orion Group Holdings Inc <sup>\*</sup> | 28150 | 232 |
| &nbsp;&nbsp;&nbsp; Oshkosh Corp  | 5900 | 585 |
| &nbsp;&nbsp;&nbsp; Park Aerospace Corp  | 2600 | 35 |
| &nbsp;&nbsp;&nbsp; Park-Ohio Holdings Corp  | 15226 | 279 |
| &nbsp;&nbsp;&nbsp; Paylocity Holding Corp <sup>\*</sup> | 1430 | 273 |
| &nbsp;&nbsp;&nbsp; Pitney Bowes Inc  | 17597 | 181 |
| &nbsp;&nbsp;&nbsp; Powell Industries Inc  | 1184 | 201 |
| &nbsp;&nbsp;&nbsp; Preformed Line Products Co  | 1636 | 233 |
| &nbsp;&nbsp;&nbsp; Primoris Services Corp  | 3100 | 224 |
| &nbsp;&nbsp;&nbsp; Quad/Graphics Inc, Cl A  | 42000 | 245 |
| &nbsp;&nbsp;&nbsp; RBC Bearings Inc <sup>\*</sup> | 2628 | 961 |
| &nbsp;&nbsp;&nbsp; REV Group Inc  | 4470 | 168 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small Cap Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Rocket Lab Corp <sup>\*</sup> | 6755 | $181 |
| &nbsp;&nbsp;&nbsp; Rush Enterprises Inc, Cl A  | 3840 | 191 |
| &nbsp;&nbsp;&nbsp; Ryder System Inc  | 6060 | 892 |
| &nbsp;&nbsp;&nbsp; Safe Bulkers Inc  | 58300 | 222 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp  | 2040 | 236 |
| &nbsp;&nbsp;&nbsp; Shyft Group Inc/The  | 6660 | 70 |
| &nbsp;&nbsp;&nbsp; SkyWest Inc <sup>\*</sup> | 2350 | 238 |
| &nbsp;&nbsp;&nbsp; Snap-on Inc  | 870 | 279 |
| &nbsp;&nbsp;&nbsp; SPX Technologies Inc <sup>\*</sup> | 3874 | 589 |
| &nbsp;&nbsp;&nbsp; Steelcase Inc, Cl A  | 20060 | 207 |
| &nbsp;&nbsp;&nbsp; Sterling Infrastructure Inc <sup>\*</sup> | 2830 | 532 |
| &nbsp;&nbsp;&nbsp; Sun Country Airlines Holdings Inc <sup>\*</sup> | 63396 | 734 |
| &nbsp;&nbsp;&nbsp; Tennant Co  | 1280 | 95 |
| &nbsp;&nbsp;&nbsp; Tetra Tech Inc  | 7300 | 255 |
| &nbsp;&nbsp;&nbsp; Textron Inc  | 4670 | 346 |
| &nbsp;&nbsp;&nbsp; Tutor Perini Corp <sup>\*</sup> | 12959 | 478 |
| &nbsp;&nbsp;&nbsp; Twin Disc Inc  | 16400 | 119 |
| &nbsp;&nbsp;&nbsp; UFP Industries Inc  | 2180 | 213 |
| &nbsp;&nbsp;&nbsp; UL Solutions Inc, Cl A  | 3036 | 217 |
| &nbsp;&nbsp;&nbsp; Ultralife Corp <sup>\*</sup> | 9606 | 64 |
| &nbsp;&nbsp;&nbsp; UniFirst Corp/MA  | 970 | 183 |
| &nbsp;&nbsp;&nbsp; Upwork Inc <sup>\*</sup> | 18000 | 279 |
| &nbsp;&nbsp;&nbsp; V2X Inc <sup>\*</sup> | 3360 | 152 |
| &nbsp;&nbsp;&nbsp; Valmont Industries Inc  | 20 | 6 |
| &nbsp;&nbsp;&nbsp; Virco Mfg. Corp  | 25438 | 214 |
| &nbsp;&nbsp;&nbsp; VSE Corp  | 8588 | 1117 |
| &nbsp;&nbsp;&nbsp; Wabash National Corp  | 13147 | 114 |
| &nbsp;&nbsp;&nbsp; Watts Water Technologies Inc, Cl A  | 1432 | 347 |
| &nbsp;&nbsp;&nbsp; Willdan Group Inc <sup>\*</sup> | 10113 | 547 |
|  |  | 40961 |
| **Information Technology — 11.4%** | **Information Technology — 11.4%** |  |
| &nbsp;&nbsp;&nbsp; 8x8 Inc <sup>\*</sup> | 108240 | 178 |
| &nbsp;&nbsp;&nbsp; A10 Networks Inc  | 7140 | 123 |
| &nbsp;&nbsp;&nbsp; ACI Worldwide Inc <sup>\*</sup> | 4830 | 223 |
| &nbsp;&nbsp;&nbsp; ADTRAN Holdings Inc <sup>\*</sup> | 730 | 6 |
| &nbsp;&nbsp;&nbsp; Aeva Technologies Inc <sup>\*</sup> | 4670 | 85 |
| &nbsp;&nbsp;&nbsp; Alarm.com Holdings Inc <sup>\*</sup> | 2930 | 168 |
| &nbsp;&nbsp;&nbsp; Alkami Technology Inc <sup>\*</sup> | 27249 | 780 |
| &nbsp;&nbsp;&nbsp; Alpha & Omega Semiconductor Ltd <sup>\*</sup> | 3180 | 68 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd  | 3380 | 310 |
| &nbsp;&nbsp;&nbsp; Amkor Technology Inc  | 20600 | 371 |
| &nbsp;&nbsp;&nbsp; Appfolio Inc, Cl A <sup>\*</sup> | 1190 | 251 |
| &nbsp;&nbsp;&nbsp; Applied Optoelectronics Inc <sup>\*</sup> | 17030 | 263 |
| &nbsp;&nbsp;&nbsp; Arlo Technologies Inc <sup>\*</sup> | 12390 | 177 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics Inc <sup>\*</sup> | 2020 | 239 |
| &nbsp;&nbsp;&nbsp; AudioEye Inc <sup>\*</sup> | 9420 | 115 |
| &nbsp;&nbsp;&nbsp; AvePoint Inc <sup>\*</sup> | 8238 | 154 |
| &nbsp;&nbsp;&nbsp; Aviat Networks Inc <sup>\*</sup> | 8900 | 191 |
| &nbsp;&nbsp;&nbsp; Avnet Inc  | 17670 | 884 |
| &nbsp;&nbsp;&nbsp; Backblaze Inc, Cl A <sup>\*</sup> | 80436 | 459 |
| &nbsp;&nbsp;&nbsp; Badger Meter Inc  | 5008 | 1243 |
| &nbsp;&nbsp;&nbsp; Bel Fuse Inc, Cl B  | 4300 | 317 |
| &nbsp;&nbsp;&nbsp; Benchmark Electronics Inc  | 2760 | 101 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; BigCommerce Holdings Inc <sup>\*</sup> | 83999 | $423 |
| &nbsp;&nbsp;&nbsp; Blackbaud Inc <sup>\*</sup> | 2570 | 160 |
| &nbsp;&nbsp;&nbsp; Box Inc, Cl A <sup>\*</sup> | 11866 | 449 |
| &nbsp;&nbsp;&nbsp; Calix Inc <sup>\*</sup> | 3972 | 184 |
| &nbsp;&nbsp;&nbsp; Cerence Inc <sup>\*</sup> | 14770 | 126 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic Inc <sup>\*</sup> | 7490 | 737 |
| &nbsp;&nbsp;&nbsp; Clearwater Analytics Holdings Inc, Cl A <sup>\*</sup> | 13380 | 309 |
| &nbsp;&nbsp;&nbsp; Climb Global Solutions Inc  | 390 | 43 |
| &nbsp;&nbsp;&nbsp; CommVault Systems Inc <sup>\*</sup> | 7969 | 1460 |
| &nbsp;&nbsp;&nbsp; Consensus Cloud Solutions Inc <sup>\*</sup> | 17015 | 374 |
| &nbsp;&nbsp;&nbsp; Corsair Gaming Inc <sup>\*</sup> | 8500 | 75 |
| &nbsp;&nbsp;&nbsp; Credo Technology Group Holding Ltd <sup>\*</sup> | 5065 | 309 |
| &nbsp;&nbsp;&nbsp; CTS Corp  | 2160 | 88 |
| &nbsp;&nbsp;&nbsp; Diebold Nixdorf Inc <sup>\*</sup> | 90 | 4 |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories Inc, Cl A  | 3310 | 246 |
| &nbsp;&nbsp;&nbsp; Dropbox Inc, Cl A <sup>\*</sup> | 370 | 11 |
| &nbsp;&nbsp;&nbsp; DXC Technology Co <sup>\*</sup> | 24120 | 367 |
| &nbsp;&nbsp;&nbsp; Dynatrace Inc <sup>\*</sup> | 2960 | 160 |
| &nbsp;&nbsp;&nbsp; ePlus Inc <sup>\*</sup> | 1820 | 130 |
| &nbsp;&nbsp;&nbsp; EverCommerce Inc <sup>\*</sup> | 12815 | 128 |
| &nbsp;&nbsp;&nbsp; F5 Inc <sup>\*</sup> | 1200 | 342 |
| &nbsp;&nbsp;&nbsp; Gen Digital Inc  | 9330 | 266 |
| &nbsp;&nbsp;&nbsp; Grid Dynamics Holdings Inc <sup>\*</sup> | 18290 | 229 |
| &nbsp;&nbsp;&nbsp; Hackett Group Inc/The  | 12843 | 315 |
| &nbsp;&nbsp;&nbsp; I3 Verticals Inc, Cl A <sup>\*</sup> | 2040 | 50 |
| &nbsp;&nbsp;&nbsp; Immersion Corp  | 56532 | 425 |
| &nbsp;&nbsp;&nbsp; InterDigital Inc  | 824 | 179 |
| &nbsp;&nbsp;&nbsp; Jabil Inc  | 2320 | 390 |
| &nbsp;&nbsp;&nbsp; JFrog Ltd <sup>\*</sup> | 4229 | 182 |
| &nbsp;&nbsp;&nbsp; Kimball Electronics Inc <sup>\*</sup> | 9930 | 180 |
| &nbsp;&nbsp;&nbsp; Kyndryl Holdings Inc <sup>\*</sup> | 5977 | 233 |
| &nbsp;&nbsp;&nbsp; Life360 Inc <sup>\*</sup> | 3086 | 196 |
| &nbsp;&nbsp;&nbsp; Manhattan Associates Inc <sup>\*</sup> | 770 | 145 |
| &nbsp;&nbsp;&nbsp; Mirion Technologies Inc, Cl A <sup>\*</sup> | 26043 | 497 |
| &nbsp;&nbsp;&nbsp; NETGEAR Inc <sup>\*</sup> | 10138 | 297 |
| &nbsp;&nbsp;&nbsp; NetScout Systems Inc <sup>\*</sup> | 4900 | 112 |
| &nbsp;&nbsp;&nbsp; Nova Ltd <sup>\*</sup> | 1550 | 331 |
| &nbsp;&nbsp;&nbsp; Novanta Inc <sup>\*</sup> | 1145 | 142 |
| &nbsp;&nbsp;&nbsp; NVE Corp  | 540 | 38 |
| &nbsp;&nbsp;&nbsp; Olo Inc, Cl A <sup>\*</sup> | 54224 | 472 |
| &nbsp;&nbsp;&nbsp; OneSpan Inc  | 21359 | 340 |
| &nbsp;&nbsp;&nbsp; Ooma Inc <sup>\*</sup> | 20839 | 284 |
| &nbsp;&nbsp;&nbsp; OSI Systems Inc <sup>\*</sup> | 4046 | 887 |
| &nbsp;&nbsp;&nbsp; Ouster Inc <sup>\*</sup> | 10280 | 126 |
| &nbsp;&nbsp;&nbsp; Pagaya Technologies Ltd, Cl A <sup>\*</sup> | 38320 | 630 |
| &nbsp;&nbsp;&nbsp; PC Connection Inc  | 6065 | 397 |
| &nbsp;&nbsp;&nbsp; Pegasystems Inc  | 1550 | 152 |
| &nbsp;&nbsp;&nbsp; Photronics Inc <sup>\*</sup> | 29163 | 487 |
| &nbsp;&nbsp;&nbsp; Plexus Corp <sup>\*</sup> | 1600 | 210 |
| &nbsp;&nbsp;&nbsp; Porch Group Inc <sup>\*</sup> | 30511 | 278 |
| &nbsp;&nbsp;&nbsp; Progress Software Corp  | 960 | 59 |
| &nbsp;&nbsp;&nbsp; Q2 Holdings Inc <sup>\*</sup> | 9205 | 806 |
| &nbsp;&nbsp;&nbsp; Qualys Inc <sup>\*</sup> | 1910 | 265 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Red Violet Inc  | 13156 | $639 |
| &nbsp;&nbsp;&nbsp; Ribbon Communications Inc <sup>\*</sup> | 21230 | 72 |
| &nbsp;&nbsp;&nbsp; Rimini Street Inc <sup>\*</sup> | 76089 | 232 |
| &nbsp;&nbsp;&nbsp; Rubrik Inc, Cl A <sup>\*</sup> | 2823 | 269 |
| &nbsp;&nbsp;&nbsp; Sanmina Corp <sup>\*</sup> | 11110 | 941 |
| &nbsp;&nbsp;&nbsp; Sapiens International Corp NV  | 3100 | 89 |
| &nbsp;&nbsp;&nbsp; ScanSource Inc <sup>\*</sup> | 9430 | 381 |
| &nbsp;&nbsp;&nbsp; SEMrush Holdings Inc, Cl A <sup>\*</sup> | 29162 | 287 |
| &nbsp;&nbsp;&nbsp; Service Titan Inc <sup>\*</sup> | 1476 | 163 |
| &nbsp;&nbsp;&nbsp; SkyWater Technology Inc <sup>\*</sup> | 17957 | 162 |
| &nbsp;&nbsp;&nbsp; SoundThinking Inc <sup>\*</sup> | 8302 | 129 |
| &nbsp;&nbsp;&nbsp; SPS Commerce Inc <sup>\*</sup> | 2290 | 322 |
| &nbsp;&nbsp;&nbsp; TTM Technologies Inc <sup>\*</sup> | 15304 | 457 |
| &nbsp;&nbsp;&nbsp; Turtle Beach Corp <sup>\*</sup> | 14319 | 164 |
| &nbsp;&nbsp;&nbsp; Ubiquiti Inc  | 130 | 51 |
| &nbsp;&nbsp;&nbsp; Varonis Systems Inc, Cl B <sup>\*</sup> | 8135 | 388 |
| &nbsp;&nbsp;&nbsp; Vertex Inc, Cl A <sup>\*</sup> | 9225 | 365 |
| &nbsp;&nbsp;&nbsp; Viant Technology Inc, Cl A <sup>\*</sup> | 1340 | 19 |
| &nbsp;&nbsp;&nbsp; Vontier Corp  | 10400 | 372 |
| &nbsp;&nbsp;&nbsp; Weave Communications Inc <sup>\*</sup> | 34000 | 328 |
| &nbsp;&nbsp;&nbsp; WM Technology Inc <sup>\*</sup> | 280203 | 291 |
| &nbsp;&nbsp;&nbsp; Yext Inc <sup>\*</sup> | 8940 | 60 |
|  |  | 28612 |
| **Materials — 3.7%** | **Materials — 3.7%** |  |
| &nbsp;&nbsp;&nbsp; AdvanSix Inc  | 8500 | 200 |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging SA  | 158900 | 620 |
| &nbsp;&nbsp;&nbsp; Caledonia Mining Corp PLC  | 31575 | 540 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp  | 1598 | 376 |
| &nbsp;&nbsp;&nbsp; Coeur Mining Inc <sup>\*</sup> | 22730 | 184 |
| &nbsp;&nbsp;&nbsp; Commercial Metals Co  | 13200 | 615 |
| &nbsp;&nbsp;&nbsp; Core Molding Technologies Inc <sup>\*</sup> | 15391 | 257 |
| &nbsp;&nbsp;&nbsp; Greif Inc, Cl A  | 9500 | 528 |
| &nbsp;&nbsp;&nbsp; Greif Inc, Cl B  | 1926 | 116 |
| &nbsp;&nbsp;&nbsp; Hecla Mining Co  | 9610 | 49 |
| &nbsp;&nbsp;&nbsp; Intrepid Potash Inc <sup>\*</sup> | 1760 | 66 |
| &nbsp;&nbsp;&nbsp; Koppers Holdings Inc  | 10300 | 316 |
| &nbsp;&nbsp;&nbsp; Kronos Worldwide Inc  | 8592 | 54 |
| &nbsp;&nbsp;&nbsp; Metals Acquisition Ltd, Cl A <sup>\*</sup> | 48724 | 592 |
| &nbsp;&nbsp;&nbsp; Myers Industries Inc  | 46980 | 596 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp  | 1210 | 779 |
| &nbsp;&nbsp;&nbsp; O-I Glass Inc <sup>\*</sup> | 19200 | 252 |
| &nbsp;&nbsp;&nbsp; Packaging Corp of America  | 1380 | 267 |
| &nbsp;&nbsp;&nbsp; Perpetua Resources Corp <sup>\*</sup> | 16587 | 231 |
| &nbsp;&nbsp;&nbsp; Ramaco Resources Inc, Cl A  | 7960 | 72 |
| &nbsp;&nbsp;&nbsp; Ranpak Holdings Corp, Cl A <sup>\*</sup> | 27560 | 92 |
| &nbsp;&nbsp;&nbsp; Royal Gold Inc  | 3225 | 574 |
| &nbsp;&nbsp;&nbsp; Sensient Technologies Corp  | 9044 | 855 |
| &nbsp;&nbsp;&nbsp; SSR Mining Inc <sup>\*</sup> | 12660 | 150 |
| &nbsp;&nbsp;&nbsp; SunCoke Energy Inc  | 60843 | 495 |
| &nbsp;&nbsp;&nbsp; Sylvamo Corp  | 6460 | 342 |
|  |  | 9218 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Real Estate — 5.3%** | **Real Estate — 5.3%** |  |
| &nbsp;&nbsp;&nbsp; Alexander & Baldwin Inc <sup>‡</sup> | 6050 | $108 |
| &nbsp;&nbsp;&nbsp; Alexander's Inc <sup>‡</sup> | 2613 | 588 |
| &nbsp;&nbsp;&nbsp; American Assets Trust Inc <sup>‡</sup> | 24320 | 485 |
| &nbsp;&nbsp;&nbsp; American Healthcare REIT Inc <sup>‡</sup> | 5675 | 198 |
| &nbsp;&nbsp;&nbsp; Apple Hospitality REIT Inc <sup>‡</sup> | 30900 | 358 |
| &nbsp;&nbsp;&nbsp; Broadstone Net Lease Inc, Cl A <sup>‡</sup> | 11200 | 178 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust <sup>‡</sup> | 2720 | 320 |
| &nbsp;&nbsp;&nbsp; CBL & Associates Properties Inc <sup>‡</sup> | 7640 | 193 |
| &nbsp;&nbsp;&nbsp; Centerspace <sup>‡</sup> | 1460 | 93 |
| &nbsp;&nbsp;&nbsp; Cousins Properties Inc <sup>‡</sup> | 8780 | 246 |
| &nbsp;&nbsp;&nbsp; CTO Realty Growth Inc <sup>‡</sup> | 32720 | 603 |
| &nbsp;&nbsp;&nbsp; DiamondRock Hospitality Co <sup>‡</sup> | 34610 | 264 |
| &nbsp;&nbsp;&nbsp; Elme Communities <sup>‡</sup> | 6710 | 108 |
| &nbsp;&nbsp;&nbsp; EPR Properties <sup>‡</sup> | 16460 | 917 |
| &nbsp;&nbsp;&nbsp; Equity LifeStyle Properties Inc <sup>‡</sup> | 1960 | 125 |
| &nbsp;&nbsp;&nbsp; Farmland Partners Inc <sup>‡</sup> | 54147 | 613 |
| &nbsp;&nbsp;&nbsp; Federal Realty Investment Trust <sup>‡</sup> | 170 | 16 |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust Inc <sup>‡</sup> | 5590 | 276 |
| &nbsp;&nbsp;&nbsp; FrontView REIT Inc <sup>‡</sup> | 26420 | 304 |
| &nbsp;&nbsp;&nbsp; FRP Holdings Inc <sup>\*</sup> | 1320 | 36 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties Inc <sup>‡</sup> | 6240 | 291 |
| &nbsp;&nbsp;&nbsp; Gladstone Commercial Corp <sup>‡</sup> | 20920 | 300 |
| &nbsp;&nbsp;&nbsp; Global Medical REIT Inc <sup>‡</sup> | 19500 | 124 |
| &nbsp;&nbsp;&nbsp; Highwoods Properties Inc <sup>‡</sup> | 14500 | 431 |
| &nbsp;&nbsp;&nbsp; Industrial Logistics Properties Trust <sup>‡</sup> | 14200 | 47 |
| &nbsp;&nbsp;&nbsp; Innovative Industrial Properties Inc, Cl A <sup>‡</sup> | 2800 | 155 |
| &nbsp;&nbsp;&nbsp; InvenTrust Properties Corp <sup>‡</sup> | 5380 | 151 |
| &nbsp;&nbsp;&nbsp; Kilroy Realty Corp <sup>‡</sup> | 9300 | 299 |
| &nbsp;&nbsp;&nbsp; Kite Realty Group Trust <sup>‡</sup> | 9200 | 204 |
| &nbsp;&nbsp;&nbsp; Landbridge Co LLC, Cl A  | 1570 | 112 |
| &nbsp;&nbsp;&nbsp; LTC Properties Inc <sup>‡</sup> | 3150 | 111 |
| &nbsp;&nbsp;&nbsp; National Health Investors Inc <sup>‡</sup> | 330 | 24 |
| &nbsp;&nbsp;&nbsp; NET Lease Office Properties <sup>\*</sup><sup>‡</sup> | 1510 | 47 |
| &nbsp;&nbsp;&nbsp; One Liberty Properties Inc <sup>‡</sup> | 19299 | 472 |
| &nbsp;&nbsp;&nbsp; Orion Office REIT Inc <sup>‡</sup> | 103780 | 198 |
| &nbsp;&nbsp;&nbsp; Outfront Media Inc <sup>‡</sup> | 13342 | 220 |
| &nbsp;&nbsp;&nbsp; Park Hotels & Resorts Inc <sup>‡</sup> | 20300 | 210 |
| &nbsp;&nbsp;&nbsp; Phillips Edison & Co Inc <sup>‡</sup> | 6910 | 245 |
| &nbsp;&nbsp;&nbsp; Piedmont Office Realty Trust Inc, Cl A <sup>‡</sup> | 22800 | 162 |
| &nbsp;&nbsp;&nbsp; Postal Realty Trust Inc, Cl A <sup>‡</sup> | 40387 | 559 |
| &nbsp;&nbsp;&nbsp; PotlatchDeltic Corp <sup>‡</sup> | 2210 | 87 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp <sup>‡</sup> | 4484 | 324 |
| &nbsp;&nbsp;&nbsp; RLJ Lodging Trust <sup>‡</sup> | 35200 | 257 |
| &nbsp;&nbsp;&nbsp; RMR Group Inc/The, Cl A  | 2420 | 37 |
| &nbsp;&nbsp;&nbsp; Sabra Health Care REIT Inc <sup>‡</sup> | 41000 | 717 |
| &nbsp;&nbsp;&nbsp; Saul Centers Inc <sup>‡</sup> | 5520 | 186 |
| &nbsp;&nbsp;&nbsp; Service Properties Trust <sup>‡</sup> | 210180 | 488 |
| &nbsp;&nbsp;&nbsp; UMH Properties Inc <sup>‡</sup> | 2430 | 41 |
| &nbsp;&nbsp;&nbsp; Uniti Group Inc <sup>‡</sup> | 34365 | 148 |
| &nbsp;&nbsp;&nbsp; Universal Health Realty Income Trust <sup>‡</sup> | 9690 | 385 |
| &nbsp;&nbsp;&nbsp; Whitestone REIT, Cl B <sup>‡</sup> | 4270 | 53 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small Cap Fund** (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Xenia Hotels & Resorts Inc <sup>‡</sup> | 5940 | $73 |
|  |  | 13187 |
| **Utilities — 2.8%** | **Utilities — 2.8%** |  |
| &nbsp;&nbsp;&nbsp; American States Water Co  | 2550 | 201 |
| &nbsp;&nbsp;&nbsp; Avista Corp  | 5300 | 204 |
| &nbsp;&nbsp;&nbsp; Black Hills Corp  | 4440 | 259 |
| &nbsp;&nbsp;&nbsp; Cadiz Inc <sup>\*</sup> | 15561 | 46 |
| &nbsp;&nbsp;&nbsp; California Water Service Group  | 3960 | 187 |
| &nbsp;&nbsp;&nbsp; Consolidated Water Co Ltd  | 2080 | 56 |
| &nbsp;&nbsp;&nbsp; Genie Energy Ltd, Cl B  | 2920 | 62 |
| &nbsp;&nbsp;&nbsp; Global Water Resources Inc  | 5589 | 57 |
| &nbsp;&nbsp;&nbsp; IDACORP Inc, Cl Rights  | 1000 | 119 |
| &nbsp;&nbsp;&nbsp; MGE Energy Inc  | 1780 | 161 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co  | 20380 | 1682 |
| &nbsp;&nbsp;&nbsp; New Jersey Resources Corp  | 5770 | 265 |
| &nbsp;&nbsp;&nbsp; NiSource Inc  | 4220 | 167 |
| &nbsp;&nbsp;&nbsp; Northwest Natural Holding Co  | 3090 | 126 |
| &nbsp;&nbsp;&nbsp; Northwestern Energy Group Inc  | 3940 | 218 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc  | 2840 | 443 |
| &nbsp;&nbsp;&nbsp; OGE Energy Corp  | 7010 | 312 |
| &nbsp;&nbsp;&nbsp; Oklo Inc, Cl A <sup>\*</sup> | 2750 | 145 |
| &nbsp;&nbsp;&nbsp; ONE Gas Inc  | 330 | 25 |
| &nbsp;&nbsp;&nbsp; Ormat Technologies Inc  | 700 | 52 |
| &nbsp;&nbsp;&nbsp; Otter Tail Corp  | 2140 | 165 |
| &nbsp;&nbsp;&nbsp; Portland General Electric Co  | 6270 | 266 |
| &nbsp;&nbsp;&nbsp; Pure Cycle Corp <sup>\*</sup> | 6650 | 71 |
| &nbsp;&nbsp;&nbsp; RGC Resources Inc  | 1400 | 29 |
| &nbsp;&nbsp;&nbsp; Spire Inc  | 3500 | 263 |
| &nbsp;&nbsp;&nbsp; Talen Energy Corp <sup>\*</sup> | 555 | 135 |
| &nbsp;&nbsp;&nbsp; UGI Corp  | 25250 | 910 |
| &nbsp;&nbsp;&nbsp; Unitil Corp  | 2310 | 127 |
| &nbsp;&nbsp;&nbsp; York Water Co/The  | 11080 | 362 |
|  |  | 7115 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $217,775) ($ Thousands) |  | 244799 |
| **CASH EQUIVALENT — 2.3%** | **CASH EQUIVALENT — 2.3%** | **CASH EQUIVALENT — 2.3%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 5776163 | 5776 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $5,776) ($ Thousands) |  | 5776 |
| Total Investments in Securities — 99.7% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $223,551) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $223,551) ($ Thousands)  | $250575 |

---

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Russell 2000 Index E-MINI | 38 | Jun-2025 | $3864 | $3930 | $66 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $251,278 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| <sup>‡</sup> | Real Estate Investment Trust. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 244799 |  |  | 244799 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 5776 |  |  | 5776 |
|  Total Investments in Securities | 250575 |  |  | 250575 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 66 |  |  | 66 |
| Total Other Financial Instruments | 66 |  |  | 66 |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Liquidity Fund, LP  | $1 | $— | $— | $— | $(1) | $— | $— | $— |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | 6091 | 68235 | (68550) |  |  | 5776 | 247 |  |
| Totals  | $6092 | $68235 | $(68550) | $– | $(1) | $5776 | $247 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small Cap II Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 95.0%** | **COMMON STOCK — 95.0%** | **COMMON STOCK — 95.0%** |
| **Communication Services — 2.0%** | **Communication Services — 2.0%** |  |
| &nbsp;&nbsp;&nbsp; Advantage Solutions Inc <sup>\*</sup> | 41510 | $49 |
| &nbsp;&nbsp;&nbsp; Anterix Inc <sup>\*</sup> | 1660 | 44 |
| &nbsp;&nbsp;&nbsp; AST SpaceMobile Inc, Cl A <sup>\*</sup> | 5114 | 118 |
| &nbsp;&nbsp;&nbsp; Bandwidth Inc, Cl A <sup>\*</sup> | 6160 | 86 |
| &nbsp;&nbsp;&nbsp; Cinemark Holdings Inc  | 14967 | 505 |
| &nbsp;&nbsp;&nbsp; EverQuote Inc, Cl A <sup>\*</sup> | 19851 | 458 |
| &nbsp;&nbsp;&nbsp; EW Scripps Co/The, Cl A <sup>\*</sup> | 52391 | 116 |
| &nbsp;&nbsp;&nbsp; Gambling.com Group Ltd <sup>\*</sup> | 32557 | 384 |
| &nbsp;&nbsp;&nbsp; Gogo Inc <sup>\*</sup> | 15480 | 164 |
| &nbsp;&nbsp;&nbsp; Grindr Inc <sup>\*</sup> | 13429 | 328 |
| &nbsp;&nbsp;&nbsp; IDT Corp, Cl B  | 4240 | 261 |
| &nbsp;&nbsp;&nbsp; IMAX Corp <sup>\*</sup> | 6418 | 179 |
| &nbsp;&nbsp;&nbsp; MediaAlpha Inc, Cl A <sup>\*</sup> | 39660 | 405 |
| &nbsp;&nbsp;&nbsp; New York Times Co/The, Cl A  | 13476 | 770 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group Inc, Cl A  | 4724 | 805 |
| &nbsp;&nbsp;&nbsp; Outbrain Inc <sup>\*</sup> | 19984 | 52 |
| &nbsp;&nbsp;&nbsp; Playstudios Inc <sup>\*</sup> | 46074 | 62 |
| &nbsp;&nbsp;&nbsp; Spok Holdings Inc  | 10400 | 169 |
| &nbsp;&nbsp;&nbsp; Thryv Holdings Inc <sup>\*</sup> | 5280 | 70 |
| &nbsp;&nbsp;&nbsp; Townsquare Media Inc, Cl A  | 9158 | 63 |
|  |  | 5088 |
| **Consumer Discretionary — 10.6%** | **Consumer Discretionary — 10.6%** |  |
| &nbsp;&nbsp;&nbsp; Abercrombie & Fitch Co, Cl A <sup>\*</sup> | 5500 | 432 |
| &nbsp;&nbsp;&nbsp; Adtalem Global Education Inc <sup>\*</sup> | 3162 | 417 |
| &nbsp;&nbsp;&nbsp; Amer Sports Inc <sup>\*</sup> | 6909 | 251 |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing Holdings Inc <sup>\*</sup> | 115650 | 508 |
| &nbsp;&nbsp;&nbsp; American Eagle Outfitters Inc  | 123974 | 1359 |
| &nbsp;&nbsp;&nbsp; American Public Education Inc <sup>\*</sup> | 2620 | 77 |
| &nbsp;&nbsp;&nbsp; America's Car-Mart Inc/TX <sup>\*</sup> | 1924 | 96 |
| &nbsp;&nbsp;&nbsp; Biglari Holdings Inc, Cl B <sup>\*</sup> | 1037 | 256 |
| &nbsp;&nbsp;&nbsp; BJ's Restaurants Inc <sup>\*</sup> | 5516 | 246 |
| &nbsp;&nbsp;&nbsp; Bloomin' Brands Inc  | 141335 | 1078 |
| &nbsp;&nbsp;&nbsp; Brinker International Inc <sup>\*</sup> | 1190 | 205 |
| &nbsp;&nbsp;&nbsp; Brunswick Corp/DE  | 11554 | 585 |
| &nbsp;&nbsp;&nbsp; Build-A-Bear Workshop Inc, Cl A  | 13901 | 710 |
| &nbsp;&nbsp;&nbsp; Cheesecake Factory Inc/The  | 7954 | 439 |
| &nbsp;&nbsp;&nbsp; Churchill Downs Inc  | 7555 | 721 |
| &nbsp;&nbsp;&nbsp; Dave & Buster's Entertainment Inc <sup>\*</sup> | 41260 | 906 |
| &nbsp;&nbsp;&nbsp; Designer Brands Inc, Cl A  | 17110 | 61 |
| &nbsp;&nbsp;&nbsp; Dick's Sporting Goods Inc  | 3274 | 587 |
| &nbsp;&nbsp;&nbsp; Dine Brands Global Inc  | 2290 | 55 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza Inc  | 1879 | 890 |
| &nbsp;&nbsp;&nbsp; Dorman Products Inc <sup>\*</sup> | 5127 | 663 |
| &nbsp;&nbsp;&nbsp; Dutch Bros Inc, Cl A <sup>\*</sup> | 6574 | 475 |
| &nbsp;&nbsp;&nbsp; EVgo Inc, Cl A <sup>\*</sup> | 14200 | 56 |
| &nbsp;&nbsp;&nbsp; Flexsteel Industries Inc  | 11562 | 351 |
| &nbsp;&nbsp;&nbsp; Gentex Corp  | 16940 | 365 |
| &nbsp;&nbsp;&nbsp; GigaCloud Technology Inc, Cl A <sup>\*</sup> | 3990 | 70 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education Inc <sup>\*</sup> | 1699 | 336 |
| &nbsp;&nbsp;&nbsp; Group 1 Automotive Inc  | 941 | 399 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Groupon Inc, Cl A <sup>\*</sup> | 23272 | $678 |
| &nbsp;&nbsp;&nbsp; Hooker Furnishings Corp  | 7349 | 72 |
| &nbsp;&nbsp;&nbsp; Hovnanian Enterprises Inc, Cl A <sup>\*</sup> | 1151 | 104 |
| &nbsp;&nbsp;&nbsp; Inspired Entertainment Inc <sup>\*</sup> | 8155 | 64 |
| &nbsp;&nbsp;&nbsp; Installed Building Products Inc  | 3766 | 601 |
| &nbsp;&nbsp;&nbsp; Laureate Education Inc, Cl A <sup>\*</sup> | 15403 | 347 |
| &nbsp;&nbsp;&nbsp; Lincoln Educational Services Corp <sup>\*</sup> | 8660 | 206 |
| &nbsp;&nbsp;&nbsp; Lindblad Expeditions Holdings Inc <sup>\*</sup> | 39831 | 418 |
| &nbsp;&nbsp;&nbsp; Marine Products Corp  | 6260 | 52 |
| &nbsp;&nbsp;&nbsp; Modine Manufacturing Co <sup>\*</sup> | 7449 | 676 |
| &nbsp;&nbsp;&nbsp; Murphy USA Inc  | 1391 | 594 |
| &nbsp;&nbsp;&nbsp; Nathan's Famous Inc  | 451 | 48 |
| &nbsp;&nbsp;&nbsp; Ollie's Bargain Outlet Holdings Inc <sup>\*</sup> | 2690 | 300 |
| &nbsp;&nbsp;&nbsp; OneSpaWorld Holdings Ltd  | 12834 | 242 |
| &nbsp;&nbsp;&nbsp; Perdoceo Education Corp  | 6786 | 231 |
| &nbsp;&nbsp;&nbsp; PlayAGS Inc <sup>\*</sup> | 36007 | 440 |
| &nbsp;&nbsp;&nbsp; Pool Corp  | 2333 | 701 |
| &nbsp;&nbsp;&nbsp; Rocky Brands Inc  | 3250 | 74 |
| &nbsp;&nbsp;&nbsp; Rush Street Interactive Inc <sup>\*</sup> | 18600 | 236 |
| &nbsp;&nbsp;&nbsp; Steven Madden Ltd  | 11451 | 282 |
| &nbsp;&nbsp;&nbsp; Stoneridge Inc <sup>\*</sup> | 18870 | 95 |
| &nbsp;&nbsp;&nbsp; Stride Inc <sup>\*</sup> | 2807 | 425 |
| &nbsp;&nbsp;&nbsp; ThredUp Inc, Cl A <sup>\*</sup> | 65440 | 471 |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co  | 16002 | 777 |
| &nbsp;&nbsp;&nbsp; Udemy Inc <sup>\*</sup> | 28650 | 210 |
| &nbsp;&nbsp;&nbsp; Universal Technical Institute Inc <sup>\*</sup> | 8590 | 305 |
| &nbsp;&nbsp;&nbsp; Urban Outfitters Inc <sup>\*</sup> | 22906 | 1601 |
| &nbsp;&nbsp;&nbsp; Valvoline Inc <sup>\*</sup> | 13289 | 460 |
| &nbsp;&nbsp;&nbsp; Visteon Corp <sup>\*</sup> | 9202 | 777 |
| &nbsp;&nbsp;&nbsp; Whirlpool Corp  | 17051 | 1332 |
| &nbsp;&nbsp;&nbsp; Wingstop Inc  | 2877 | 983 |
| &nbsp;&nbsp;&nbsp; Xponential Fitness Inc, Cl A <sup>\*</sup> | 16630 | 150 |
| &nbsp;&nbsp;&nbsp; YETI Holdings Inc <sup>\*</sup> | 4567 | 140 |
|  |  | 26686 |
| **Consumer Staples — 3.3%** | **Consumer Staples — 3.3%** |  |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings Inc <sup>\*</sup> | 2959 | 335 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores Inc  | 2092 | 916 |
| &nbsp;&nbsp;&nbsp; Celsius Holdings Inc <sup>\*</sup> | 7610 | 288 |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet Co <sup>\*</sup> | 1760 | 63 |
| &nbsp;&nbsp;&nbsp; Chefs' Warehouse Inc/The <sup>\*</sup> | 3455 | 220 |
| &nbsp;&nbsp;&nbsp; Herbalife Ltd <sup>\*</sup> | 29150 | 228 |
| &nbsp;&nbsp;&nbsp; HF Foods Group Inc <sup>\*</sup> | 40720 | 155 |
| &nbsp;&nbsp;&nbsp; Honest Co Inc/The <sup>\*</sup> | 31190 | 157 |
| &nbsp;&nbsp;&nbsp; Ingles Markets Inc, Cl A  | 2149 | 134 |
| &nbsp;&nbsp;&nbsp; Ingredion Inc  | 3940 | 548 |
| &nbsp;&nbsp;&nbsp; Lancaster Colony Corp  | 1904 | 319 |
| &nbsp;&nbsp;&nbsp; Lifeway Foods Inc <sup>\*</sup> | 8202 | 185 |
| &nbsp;&nbsp;&nbsp; MGP Ingredients Inc  | 3093 | 91 |
| &nbsp;&nbsp;&nbsp; Mission Produce Inc <sup>\*</sup> | 34640 | 387 |
| &nbsp;&nbsp;&nbsp; Natural Grocers by Vitamin Cottage Inc  | 6994 | 342 |
| &nbsp;&nbsp;&nbsp; Performance Food Group Co <sup>\*</sup> | 7966 | 713 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp  | 8773 | 431 |
| &nbsp;&nbsp;&nbsp; PriceSmart Inc  | 10502 | 1134 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Primo Brands Corp  | 5111 | $169 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market Inc <sup>\*</sup> | 2088 | 361 |
| &nbsp;&nbsp;&nbsp; SunOpta Inc <sup>\*</sup> | 9130 | 57 |
| &nbsp;&nbsp;&nbsp; TreeHouse Foods Inc <sup>\*</sup> | 14505 | 326 |
| &nbsp;&nbsp;&nbsp; Turning Point Brands Inc  | 4656 | 346 |
| &nbsp;&nbsp;&nbsp; Village Super Market Inc, Cl A  | 8296 | 320 |
| &nbsp;&nbsp;&nbsp; Vital Farms Inc <sup>\*</sup> | 3349 | 107 |
|  |  | 8332 |
| **Energy — 4.6%** | **Energy — 4.6%** |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp  | 16385 | 308 |
| &nbsp;&nbsp;&nbsp; Archrock Inc  | 6453 | 161 |
| &nbsp;&nbsp;&nbsp; Aris Water Solutions Inc, Cl A  | 6228 | 137 |
| &nbsp;&nbsp;&nbsp; Atlas Energy Solutions Inc, Cl A  | 32962 | 400 |
| &nbsp;&nbsp;&nbsp; Berry Corp  | 50520 | 121 |
| &nbsp;&nbsp;&nbsp; BKV Corp <sup>\*</sup> | 6810 | 146 |
| &nbsp;&nbsp;&nbsp; Cactus Inc, Cl A  | 12337 | 506 |
| &nbsp;&nbsp;&nbsp; Centrus Energy Corp, Cl A <sup>\*</sup> | 1872 | 238 |
| &nbsp;&nbsp;&nbsp; ChampionX Corp  | 34505 | 831 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc  | 13872 | 380 |
| &nbsp;&nbsp;&nbsp; CNX Resources Corp <sup>\*</sup> | 36342 | 1173 |
| &nbsp;&nbsp;&nbsp; Comstock Resources Inc <sup>\*</sup> | 9844 | 229 |
| &nbsp;&nbsp;&nbsp; Delek US Holdings Inc  | 116684 | 2246 |
| &nbsp;&nbsp;&nbsp; Excelerate Energy Inc, Cl A  | 10138 | 285 |
| &nbsp;&nbsp;&nbsp; Expro Group Holdings NV <sup>\*</sup> | 35910 | 299 |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Corp <sup>\*</sup> | 1158 | 222 |
| &nbsp;&nbsp;&nbsp; Hallador Energy Co <sup>\*</sup> | 10854 | 187 |
| &nbsp;&nbsp;&nbsp; Innovex International Inc <sup>\*</sup> | 4420 | 61 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co  | 16390 | 705 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas Inc  | 34418 | 915 |
| &nbsp;&nbsp;&nbsp; Permian Resources Corp, Cl A  | 57348 | 723 |
| &nbsp;&nbsp;&nbsp; Riley Exploration Permian Inc  | 11399 | 292 |
| &nbsp;&nbsp;&nbsp; Sable Offshore Corp <sup>\*</sup> | 7364 | 212 |
| &nbsp;&nbsp;&nbsp; Solaris Energy Infrastructure Inc, Cl A  | 9538 | 262 |
| &nbsp;&nbsp;&nbsp; Teekay Corp  | 57793 | 488 |
|  |  | 11527 |
| **Financials — 22.0%** | **Financials — 22.0%** |  |
| &nbsp;&nbsp;&nbsp; Alerus Financial Corp  | 13437 | 282 |
| &nbsp;&nbsp;&nbsp; Amalgamated Financial Corp  | 13688 | 414 |
| &nbsp;&nbsp;&nbsp; Associated Banc-Corp  | 27544 | 638 |
| &nbsp;&nbsp;&nbsp; Atlanticus Holdings Corp <sup>\*</sup> | 8225 | 403 |
| &nbsp;&nbsp;&nbsp; Axis Capital Holdings Ltd  | 3059 | 317 |
| &nbsp;&nbsp;&nbsp; Banco Latinoamericano de Comercio Exterior SA  | 6420 | 263 |
| &nbsp;&nbsp;&nbsp; Bank7 Corp  | 9064 | 350 |
| &nbsp;&nbsp;&nbsp; BayCom Corp  | 4397 | 116 |
| &nbsp;&nbsp;&nbsp; Bowhead Specialty Holdings Inc <sup>\*</sup> | 4317 | 161 |
| &nbsp;&nbsp;&nbsp; Bridgewater Bancshares Inc <sup>\*</sup> | 10710 | 157 |
| &nbsp;&nbsp;&nbsp; Business First Bancshares Inc  | 13830 | 329 |
| &nbsp;&nbsp;&nbsp; Camden National Corp  | 6830 | 269 |
| &nbsp;&nbsp;&nbsp; Capital Bancorp Inc  | 3620 | 117 |
| &nbsp;&nbsp;&nbsp; Capital City Bank Group Inc  | 1730 | 65 |
| &nbsp;&nbsp;&nbsp; Carter Bankshares Inc <sup>\*</sup> | 6838 | 112 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Chimera Investment Corp <sup>‡</sup> | 21506 | $283 |
| &nbsp;&nbsp;&nbsp; City Holding Co  | 3257 | 384 |
| &nbsp;&nbsp;&nbsp; CNB Financial Corp/PA  | 4080 | 88 |
| &nbsp;&nbsp;&nbsp; CNO Financial Group Inc  | 46643 | 1771 |
| &nbsp;&nbsp;&nbsp; Cohen & Steers Inc  | 10331 | 794 |
| &nbsp;&nbsp;&nbsp; Colony Bankcorp Inc  | 12280 | 188 |
| &nbsp;&nbsp;&nbsp; Columbia Banking System Inc  | 120080 | 2807 |
| &nbsp;&nbsp;&nbsp; Comerica Inc  | 31045 | 1772 |
| &nbsp;&nbsp;&nbsp; Community Trust Bancorp Inc  | 1520 | 78 |
| &nbsp;&nbsp;&nbsp; Crawford & Co, Cl A  | 14408 | 150 |
| &nbsp;&nbsp;&nbsp; Dave Inc <sup>\*</sup> | 1555 | 312 |
| &nbsp;&nbsp;&nbsp; Diamond Hill Investment Group Inc  | 2942 | 416 |
| &nbsp;&nbsp;&nbsp; Donegal Group Inc, Cl A  | 10938 | 221 |
| &nbsp;&nbsp;&nbsp; Enova International Inc <sup>\*</sup> | 1440 | 133 |
| &nbsp;&nbsp;&nbsp; Esquire Financial Holdings Inc  | 2958 | 268 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems Inc  | 1575 | 722 |
| &nbsp;&nbsp;&nbsp; Farmers National Banc Corp  | 4743 | 63 |
| &nbsp;&nbsp;&nbsp; First American Financial Corp  | 8487 | 474 |
| &nbsp;&nbsp;&nbsp; First Busey Corp  | 5042 | 112 |
| &nbsp;&nbsp;&nbsp; First Business Financial Services Inc  | 1800 | 88 |
| &nbsp;&nbsp;&nbsp; First Commonwealth Financial Corp  | 69129 | 1080 |
| &nbsp;&nbsp;&nbsp; First Community Bankshares Inc  | 5630 | 212 |
| &nbsp;&nbsp;&nbsp; First Financial Corp/IN  | 3760 | 195 |
| &nbsp;&nbsp;&nbsp; First Horizon Corp  | 46590 | 926 |
| &nbsp;&nbsp;&nbsp; First Interstate BancSystem Inc, Cl A  | 28532 | 775 |
| &nbsp;&nbsp;&nbsp; First Western Financial Inc <sup>\*</sup> | 2940 | 61 |
| &nbsp;&nbsp;&nbsp; FirstCash Holdings Inc  | 2727 | 349 |
| &nbsp;&nbsp;&nbsp; Five Star Bancorp  | 5350 | 150 |
| &nbsp;&nbsp;&nbsp; FNB Corp/PA  | 117060 | 1624 |
| &nbsp;&nbsp;&nbsp; Forge Global Holdings Inc <sup>\*</sup> | 6730 | 94 |
| &nbsp;&nbsp;&nbsp; Great Southern Bancorp Inc  | 2750 | 154 |
| &nbsp;&nbsp;&nbsp; Guaranty Bancshares Inc/TX  | 3610 | 149 |
| &nbsp;&nbsp;&nbsp; Hamilton Lane Inc, Cl A  | 6165 | 919 |
| &nbsp;&nbsp;&nbsp; Hanover Insurance Group Inc/The  | 5629 | 991 |
| &nbsp;&nbsp;&nbsp; HBT Financial Inc  | 10929 | 256 |
| &nbsp;&nbsp;&nbsp; HCI Group Inc  | 3610 | 609 |
| &nbsp;&nbsp;&nbsp; Heritage Insurance Holdings Inc <sup>\*</sup> | 21636 | 529 |
| &nbsp;&nbsp;&nbsp; Home BancShares Inc/AR  | 33532 | 949 |
| &nbsp;&nbsp;&nbsp; HomeTrust Bancshares Inc  | 6602 | 238 |
| &nbsp;&nbsp;&nbsp; Independent Bank Corp  | 12021 | 739 |
| &nbsp;&nbsp;&nbsp; Independent Bank Corp/MI  | 5005 | 158 |
| &nbsp;&nbsp;&nbsp; International Money Express Inc <sup>\*</sup> | 14880 | 164 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates Inc  | 4999 | 906 |
| &nbsp;&nbsp;&nbsp; Jackson Financial Inc, Cl A  | 25076 | 2054 |
| &nbsp;&nbsp;&nbsp; Kinsale Capital Group Inc  | 1846 | 871 |
| &nbsp;&nbsp;&nbsp; LendingTree Inc <sup>\*</sup> | 5218 | 183 |
| &nbsp;&nbsp;&nbsp; Lincoln National Corp  | 55640 | 1844 |
| &nbsp;&nbsp;&nbsp; Mercantile Bank Corp  | 5061 | 223 |
| &nbsp;&nbsp;&nbsp; Metrocity Bankshares Inc  | 2599 | 73 |
| &nbsp;&nbsp;&nbsp; MGIC Investment Corp  | 25572 | 676 |
| &nbsp;&nbsp;&nbsp; MidWestOne Financial Group Inc  | 1180 | 34 |
| &nbsp;&nbsp;&nbsp; Morningstar Inc  | 2611 | 805 |
| &nbsp;&nbsp;&nbsp; National Bank Holdings Corp, Cl A  | 15979 | 578 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small Cap II Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; NerdWallet Inc, Cl A <sup>\*</sup> | 38587 | $407 |
| &nbsp;&nbsp;&nbsp; New York Community Bancorp Inc  | 55198 | 636 |
| &nbsp;&nbsp;&nbsp; New York Mortgage Trust Inc <sup>‡</sup> | 41960 | 274 |
| &nbsp;&nbsp;&nbsp; NewtekOne Inc  | 12636 | 137 |
| &nbsp;&nbsp;&nbsp; NMI Holdings Inc, Cl A <sup>\*</sup> | 11242 | 447 |
| &nbsp;&nbsp;&nbsp; Northrim BanCorp Inc  | 2897 | 265 |
| &nbsp;&nbsp;&nbsp; OFG Bancorp  | 9701 | 399 |
| &nbsp;&nbsp;&nbsp; Old National Bancorp/IN  | 129900 | 2710 |
| &nbsp;&nbsp;&nbsp; Old Second Bancorp Inc  | 11880 | 196 |
| &nbsp;&nbsp;&nbsp; Orchid Island Capital Inc, Cl A <sup>‡</sup> | 48130 | 329 |
| &nbsp;&nbsp;&nbsp; Orrstown Financial Services Inc  | 13246 | 398 |
| &nbsp;&nbsp;&nbsp; Palomar Holdings Inc, Cl A <sup>\*</sup> | 2799 | 480 |
| &nbsp;&nbsp;&nbsp; Pathward Financial Inc  | 2201 | 172 |
| &nbsp;&nbsp;&nbsp; Paymentus Holdings Inc, Cl A <sup>\*</sup> | 7647 | 292 |
| &nbsp;&nbsp;&nbsp; Peoples Bancorp Inc/OH  | 2190 | 64 |
| &nbsp;&nbsp;&nbsp; Peoples Bancorp of North Carolina Inc  | 2478 | 68 |
| &nbsp;&nbsp;&nbsp; Pinnacle Financial Partners Inc  | 8790 | 934 |
| &nbsp;&nbsp;&nbsp; Ponce Financial Group Inc <sup>\*</sup> | 12861 | 172 |
| &nbsp;&nbsp;&nbsp; Primerica Inc  | 2322 | 628 |
| &nbsp;&nbsp;&nbsp; Prosperity Bancshares Inc  | 11495 | 801 |
| &nbsp;&nbsp;&nbsp; Red River Bancshares Inc  | 1612 | 90 |
| &nbsp;&nbsp;&nbsp; Regional Management Corp  | 5024 | 133 |
| &nbsp;&nbsp;&nbsp; Republic Bancorp Inc/KY, Cl A  | 4280 | 293 |
| &nbsp;&nbsp;&nbsp; Root Inc/OH, Cl A <sup>\*</sup> | 2015 | 264 |
| &nbsp;&nbsp;&nbsp; Selectquote Inc <sup>\*</sup> | 172810 | 375 |
| &nbsp;&nbsp;&nbsp; Sezzle Inc <sup>\*</sup> | 3432 | 366 |
| &nbsp;&nbsp;&nbsp; Shore Bancshares Inc  | 5160 | 75 |
| &nbsp;&nbsp;&nbsp; Sierra Bancorp  | 10300 | 282 |
| &nbsp;&nbsp;&nbsp; SiriusPoint Ltd <sup>\*</sup> | 17240 | 338 |
| &nbsp;&nbsp;&nbsp; Skyward Specialty Insurance Group Inc <sup>\*</sup> | 5180 | 328 |
| &nbsp;&nbsp;&nbsp; SLM Corp  | 11249 | 364 |
| &nbsp;&nbsp;&nbsp; SmartFinancial Inc  | 11624 | 369 |
| &nbsp;&nbsp;&nbsp; Southern Missouri Bancorp Inc  | 3452 | 182 |
| &nbsp;&nbsp;&nbsp; Southern States Bancshares Inc  | 3257 | 112 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust Inc <sup>‡</sup> | 32645 | 645 |
| &nbsp;&nbsp;&nbsp; StoneX Group Inc <sup>\*</sup> | 4204 | 356 |
| &nbsp;&nbsp;&nbsp; Sunrise Realty Trust Inc <sup>‡</sup> | 5927 | 64 |
| &nbsp;&nbsp;&nbsp; United Fire Group Inc  | 8500 | 242 |
| &nbsp;&nbsp;&nbsp; Unity Bancorp Inc  | 1120 | 49 |
| &nbsp;&nbsp;&nbsp; Universal Insurance Holdings Inc  | 9761 | 265 |
| &nbsp;&nbsp;&nbsp; Univest Financial Corp  | 21961 | 648 |
| &nbsp;&nbsp;&nbsp; USCB Financial Holdings Inc  | 4710 | 78 |
| &nbsp;&nbsp;&nbsp; Valley National Bancorp  | 69539 | 611 |
| &nbsp;&nbsp;&nbsp; Voya Financial Inc  | 10914 | 726 |
| &nbsp;&nbsp;&nbsp; Waterstone Financial Inc  | 4624 | 60 |
| &nbsp;&nbsp;&nbsp; Westamerica BanCorp  | 6252 | 300 |
| &nbsp;&nbsp;&nbsp; Wintrust Financial Corp  | 10135 | 1210 |
| &nbsp;&nbsp;&nbsp; World Acceptance Corp <sup>\*</sup> | 3350 | 517 |
| &nbsp;&nbsp;&nbsp; Zions Bancorp NA  | 32595 | 1544 |
|  |  | 55380 |
| **Health Care — 11.9%** | **Health Care — 11.9%** |  |
| &nbsp;&nbsp;&nbsp; Accuray Inc <sup>\*</sup> | 35525 | 54 |
| &nbsp;&nbsp;&nbsp; Actinium Pharmaceuticals Inc <sup>\*</sup> | 33030 | 51 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Adaptive Biotechnologies Corp <sup>\*</sup> | 24253 | $231 |
| &nbsp;&nbsp;&nbsp; Addus HomeCare Corp <sup>\*</sup> | 3403 | 377 |
| &nbsp;&nbsp;&nbsp; ADMA Biologics Inc <sup>\*</sup> | 12504 | 248 |
| &nbsp;&nbsp;&nbsp; Akebia Therapeutics Inc <sup>\*</sup> | 108530 | 329 |
| &nbsp;&nbsp;&nbsp; Alector Inc <sup>\*</sup> | 43772 | 58 |
| &nbsp;&nbsp;&nbsp; Alumis Inc <sup>\*</sup> | 40756 | 143 |
| &nbsp;&nbsp;&nbsp; ALX Oncology Holdings Inc <sup>\*</sup> | 148220 | 72 |
| &nbsp;&nbsp;&nbsp; AnaptysBio Inc <sup>\*</sup> | 5410 | 120 |
| &nbsp;&nbsp;&nbsp; ANI Pharmaceuticals Inc <sup>\*</sup> | 3269 | 192 |
| &nbsp;&nbsp;&nbsp; Ardent Health Partners Inc <sup>\*</sup> | 30640 | 444 |
| &nbsp;&nbsp;&nbsp; Avanos Medical Inc <sup>\*</sup> | 36238 | 455 |
| &nbsp;&nbsp;&nbsp; Aveanna Healthcare Holdings Inc <sup>\*</sup> | 58530 | 312 |
| &nbsp;&nbsp;&nbsp; BioCryst Pharmaceuticals Inc <sup>\*</sup> | 25243 | 271 |
| &nbsp;&nbsp;&nbsp; Biote Corp, Cl A <sup>\*</sup> | 44920 | 155 |
| &nbsp;&nbsp;&nbsp; Bioventus Inc, Cl A <sup>\*</sup> | 30340 | 197 |
| &nbsp;&nbsp;&nbsp; Black Diamond Therapeutics Inc <sup>\*</sup> | 41550 | 91 |
| &nbsp;&nbsp;&nbsp; Bridgebio Pharma Inc <sup>\*</sup> | 6595 | 226 |
| &nbsp;&nbsp;&nbsp; BrightSpring Health Services Inc <sup>\*</sup> | 10035 | 239 |
| &nbsp;&nbsp;&nbsp; Cabaletta Bio Inc <sup>\*</sup> | 29480 | 55 |
| &nbsp;&nbsp;&nbsp; Catalyst Pharmaceuticals Inc <sup>\*</sup> | 10896 | 272 |
| &nbsp;&nbsp;&nbsp; Chemed Corp  | 1484 | 853 |
| &nbsp;&nbsp;&nbsp; ChromaDex Corp <sup>\*</sup> | 47575 | 515 |
| &nbsp;&nbsp;&nbsp; Coherus Biosciences Inc <sup>\*</sup> | 86440 | 67 |
| &nbsp;&nbsp;&nbsp; Collegium Pharmaceutical Inc <sup>\*</sup> | 38875 | 1133 |
| &nbsp;&nbsp;&nbsp; Community Health Systems Inc <sup>\*</sup> | 21620 | 84 |
| &nbsp;&nbsp;&nbsp; Corcept Therapeutics Inc <sup>\*</sup> | 5292 | 410 |
| &nbsp;&nbsp;&nbsp; Cross Country Healthcare Inc <sup>\*</sup> | 34640 | 457 |
| &nbsp;&nbsp;&nbsp; Day One Biopharmaceuticals Inc <sup>\*</sup> | 16510 | 105 |
| &nbsp;&nbsp;&nbsp; Delcath Systems Inc <sup>\*</sup> | 12330 | 200 |
| &nbsp;&nbsp;&nbsp; Editas Medicine Inc, Cl A <sup>\*</sup> | 48076 | 83 |
| &nbsp;&nbsp;&nbsp; Embecta Corp  | 10290 | 108 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp  | 20241 | 2447 |
| &nbsp;&nbsp;&nbsp; Enhabit Inc <sup>\*</sup> | 25910 | 272 |
| &nbsp;&nbsp;&nbsp; Ensign Group Inc/The  | 7245 | 1067 |
| &nbsp;&nbsp;&nbsp; Entrada Therapeutics Inc <sup>\*</sup> | 8419 | 64 |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp <sup>\*</sup> | 13449 | 246 |
| &nbsp;&nbsp;&nbsp; Eton Pharmaceuticals Inc <sup>\*</sup> | 9809 | 185 |
| &nbsp;&nbsp;&nbsp; Evolus Inc <sup>\*</sup> | 15822 | 145 |
| &nbsp;&nbsp;&nbsp; Generation Bio Co <sup>\*</sup> | 180772 | 68 |
| &nbsp;&nbsp;&nbsp; Globus Medical Inc, Cl A <sup>\*</sup> | 6699 | 396 |
| &nbsp;&nbsp;&nbsp; GRAIL Inc <sup>\*</sup> | 7253 | 279 |
| &nbsp;&nbsp;&nbsp; Haemonetics Corp <sup>\*</sup> | 8631 | 584 |
| &nbsp;&nbsp;&nbsp; HealthStream Inc  | 2446 | 69 |
| &nbsp;&nbsp;&nbsp; Heron Therapeutics Inc <sup>\*</sup> | 51930 | 98 |
| &nbsp;&nbsp;&nbsp; Hims & Hers Health Inc <sup>\*</sup> | 7996 | 452 |
| &nbsp;&nbsp;&nbsp; InfuSystem Holdings Inc <sup>\*</sup> | 10318 | 60 |
| &nbsp;&nbsp;&nbsp; Inmode Ltd <sup>\*</sup> | 33210 | 487 |
| &nbsp;&nbsp;&nbsp; Integra LifeSciences Holdings Corp <sup>\*</sup> | 16049 | 203 |
| &nbsp;&nbsp;&nbsp; iRadimed Corp  | 8281 | 479 |
| &nbsp;&nbsp;&nbsp; iRhythm Technologies Inc <sup>\*</sup> | 2579 | 362 |
| &nbsp;&nbsp;&nbsp; Ironwood Pharmaceuticals Inc, Cl A <sup>\*</sup> | 311623 | 187 |
| &nbsp;&nbsp;&nbsp; Joint Corp/The <sup>\*</sup> | 14570 | 156 |
| &nbsp;&nbsp;&nbsp; Keros Therapeutics Inc <sup>\*</sup> | 11990 | 170 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Kiniksa Pharmaceuticals International Plc, Cl A <sup>\*</sup> | 17397 | $476 |
| &nbsp;&nbsp;&nbsp; Kura Oncology Inc <sup>\*</sup> | 17140 | 97 |
| &nbsp;&nbsp;&nbsp; LeMaitre Vascular Inc  | 9816 | 807 |
| &nbsp;&nbsp;&nbsp; LifeMD Inc <sup>\*</sup> | 25451 | 311 |
| &nbsp;&nbsp;&nbsp; Mesa Laboratories Inc  | 790 | 79 |
| &nbsp;&nbsp;&nbsp; Mineralys Therapeutics Inc <sup>\*</sup> | 12899 | 201 |
| &nbsp;&nbsp;&nbsp; National Research Corp, Cl A  | 4200 | 57 |
| &nbsp;&nbsp;&nbsp; Nkarta Inc <sup>\*</sup> | 33760 | 59 |
| &nbsp;&nbsp;&nbsp; OptimizeRx Corp <sup>\*</sup> | 6719 | 82 |
| &nbsp;&nbsp;&nbsp; Option Care Health Inc <sup>\*</sup> | 15893 | 519 |
| &nbsp;&nbsp;&nbsp; Organogenesis Holdings Inc, Cl A <sup>\*</sup> | 91565 | 251 |
| &nbsp;&nbsp;&nbsp; Owens & Minor Inc <sup>\*</sup> | 22738 | 150 |
| &nbsp;&nbsp;&nbsp; Pacira BioSciences Inc <sup>\*</sup> | 9310 | 241 |
| &nbsp;&nbsp;&nbsp; PACS Group Inc <sup>\*</sup> | 46110 | 457 |
| &nbsp;&nbsp;&nbsp; Pennant Group Inc/The <sup>\*</sup> | 7390 | 212 |
| &nbsp;&nbsp;&nbsp; Perrigo Co PLC  | 25267 | 676 |
| &nbsp;&nbsp;&nbsp; Phibro Animal Health Corp, Cl A  | 16330 | 399 |
| &nbsp;&nbsp;&nbsp; Prestige Consumer Healthcare Inc <sup>\*</sup> | 13734 | 1177 |
| &nbsp;&nbsp;&nbsp; Protagonist Therapeutics Inc <sup>\*</sup> | 5432 | 258 |
| &nbsp;&nbsp;&nbsp; Puma Biotechnology Inc <sup>\*</sup> | 127224 | 417 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics Inc  | 4757 | 825 |
| &nbsp;&nbsp;&nbsp; QuidelOrtho Corp <sup>\*</sup> | 8441 | 259 |
| &nbsp;&nbsp;&nbsp; Relay Therapeutics Inc <sup>\*</sup> | 19540 | 59 |
| &nbsp;&nbsp;&nbsp; Replimune Group Inc, Cl Rights <sup>\*</sup> | 13810 | 124 |
| &nbsp;&nbsp;&nbsp; Rigel Pharmaceuticals Inc <sup>\*</sup> | 20070 | 385 |
| &nbsp;&nbsp;&nbsp; Scholar Rock Holding Corp <sup>\*</sup> | 4672 | 136 |
| &nbsp;&nbsp;&nbsp; SIGA Technologies Inc  | 54340 | 325 |
| &nbsp;&nbsp;&nbsp; Soleno Therapeutics Inc <sup>\*</sup> | 3225 | 237 |
| &nbsp;&nbsp;&nbsp; STERIS PLC  | 3908 | 958 |
| &nbsp;&nbsp;&nbsp; Summit Therapeutics Inc <sup>\*</sup> | 7788 | 142 |
| &nbsp;&nbsp;&nbsp; Tactile Systems Technology Inc <sup>\*</sup> | 5564 | 55 |
| &nbsp;&nbsp;&nbsp; Talkspace Inc <sup>\*</sup> | 19180 | 61 |
| &nbsp;&nbsp;&nbsp; Taysha Gene Therapies Inc <sup>\*</sup> | 43498 | 118 |
| &nbsp;&nbsp;&nbsp; TG Therapeutics Inc <sup>\*</sup> | 8356 | 293 |
| &nbsp;&nbsp;&nbsp; Theravance Biopharma Inc <sup>\*</sup> | 7630 | 70 |
| &nbsp;&nbsp;&nbsp; Treace Medical Concepts Inc <sup>\*</sup> | 10025 | 58 |
| &nbsp;&nbsp;&nbsp; Trevi Therapeutics Inc <sup>\*</sup> | 34421 | 224 |
| &nbsp;&nbsp;&nbsp; US Physical Therapy Inc  | 9640 | 723 |
| &nbsp;&nbsp;&nbsp; Utah Medical Products Inc  | 4682 | 258 |
| &nbsp;&nbsp;&nbsp; Verve Therapeutics Inc <sup>\*</sup> | 31340 | 139 |
| &nbsp;&nbsp;&nbsp; Viemed Healthcare Inc <sup>\*</sup> | 12423 | 83 |
| &nbsp;&nbsp;&nbsp; Waystar Holding Corp <sup>\*</sup> | 6322 | 253 |
| &nbsp;&nbsp;&nbsp; Xeris Biopharma Holdings Inc <sup>\*</sup> | 55830 | 276 |
|  |  | 30070 |
| **Industrials — 18.2%** | **Industrials — 18.2%** |  |
| &nbsp;&nbsp;&nbsp; AerSale Corp <sup>\*</sup> | 12970 | 76 |
| &nbsp;&nbsp;&nbsp; Air Lease Corp, Cl A  | 24123 | 1390 |
| &nbsp;&nbsp;&nbsp; Alta Equipment Group Inc  | 9690 | 46 |
| &nbsp;&nbsp;&nbsp; Archer Aviation Inc, Cl A <sup>\*</sup> | 23227 | 234 |
| &nbsp;&nbsp;&nbsp; Argan Inc  | 2205 | 464 |
| &nbsp;&nbsp;&nbsp; Astec Industries Inc  | 50058 | 1967 |
| &nbsp;&nbsp;&nbsp; Astronics Corp <sup>\*</sup> | 13317 | 416 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; ATI Inc <sup>\*</sup> | 4600 | $366 |
| &nbsp;&nbsp;&nbsp; Atkore Inc  | 13825 | 900 |
| &nbsp;&nbsp;&nbsp; AZEK Co Inc/The, Cl A <sup>\*</sup> | 5875 | 291 |
| &nbsp;&nbsp;&nbsp; Barrett Business Services Inc  | 5582 | 231 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp, Cl A  | 6604 | 702 |
| &nbsp;&nbsp;&nbsp; Bowman Consulting Group Ltd, Cl A <sup>\*</sup> | 8090 | 203 |
| &nbsp;&nbsp;&nbsp; Brookfield Business Corp, Cl A  | 8106 | 231 |
| &nbsp;&nbsp;&nbsp; BROOKFIELD INFRASTRUCTURE-A, Cl A  | 21570 | 854 |
| &nbsp;&nbsp;&nbsp; BWX Technologies Inc  | 8985 | 1129 |
| &nbsp;&nbsp;&nbsp; Byrna Technologies Inc <sup>\*</sup> | 972 | 26 |
| &nbsp;&nbsp;&nbsp; CACI International Inc, Cl A <sup>\*</sup> | 1874 | 802 |
| &nbsp;&nbsp;&nbsp; Carlisle Cos Inc  | 2333 | 887 |
| &nbsp;&nbsp;&nbsp; Casella Waste Systems Inc, Cl A <sup>\*</sup> | 3459 | 405 |
| &nbsp;&nbsp;&nbsp; Clean Harbors Inc <sup>\*</sup> | 3460 | 785 |
| &nbsp;&nbsp;&nbsp; Commercial Vehicle Group Inc <sup>\*</sup> | 54335 | 71 |
| &nbsp;&nbsp;&nbsp; Concentrix Corp  | 14883 | 833 |
| &nbsp;&nbsp;&nbsp; Construction Partners Inc, Cl A <sup>\*</sup> | 3366 | 352 |
| &nbsp;&nbsp;&nbsp; Custom Truck One Source Inc <sup>\*</sup> | 12240 | 53 |
| &nbsp;&nbsp;&nbsp; Driven Brands Holdings Inc <sup>\*</sup> | 15793 | 281 |
| &nbsp;&nbsp;&nbsp; Dycom Industries Inc <sup>\*</sup> | 1949 | 448 |
| &nbsp;&nbsp;&nbsp; Enerpac Tool Group Corp, Cl A  | 11012 | 472 |
| &nbsp;&nbsp;&nbsp; Ennis Inc  | 5295 | 99 |
| &nbsp;&nbsp;&nbsp; Enpro Inc  | 4879 | 903 |
| &nbsp;&nbsp;&nbsp; Enviri Corp <sup>\*</sup> | 33356 | 272 |
| &nbsp;&nbsp;&nbsp; ESCO Technologies Inc  | 2182 | 395 |
| &nbsp;&nbsp;&nbsp; ExlService Holdings Inc <sup>\*</sup> | 21607 | 994 |
| &nbsp;&nbsp;&nbsp; Frontier Group Holdings Inc <sup>\*</sup> | 70911 | 285 |
| &nbsp;&nbsp;&nbsp; Gates Industrial Corp PLC <sup>\*</sup> | 49109 | 1039 |
| &nbsp;&nbsp;&nbsp; GEO Group Inc/The <sup>\*</sup> | 6430 | 174 |
| &nbsp;&nbsp;&nbsp; GFL Environmental Inc  | 18632 | 940 |
| &nbsp;&nbsp;&nbsp; Global Industrial Co  | 2976 | 78 |
| &nbsp;&nbsp;&nbsp; Graham Corp <sup>\*</sup> | 4814 | 190 |
| &nbsp;&nbsp;&nbsp; Healthcare Services Group Inc <sup>\*</sup> | 16711 | 236 |
| &nbsp;&nbsp;&nbsp; Heidrick & Struggles International Inc  | 3043 | 133 |
| &nbsp;&nbsp;&nbsp; Hexcel Corp  | 18898 | 1000 |
| &nbsp;&nbsp;&nbsp; Huron Consulting Group Inc <sup>\*</sup> | 9242 | 1320 |
| &nbsp;&nbsp;&nbsp; IBEX Holdings Ltd <sup>\*</sup> | 8905 | 256 |
| &nbsp;&nbsp;&nbsp; IES Holdings Inc <sup>\*</sup> | 1173 | 305 |
| &nbsp;&nbsp;&nbsp; Innodata Inc <sup>\*</sup> | 4742 | 187 |
| &nbsp;&nbsp;&nbsp; Insteel Industries Inc  | 7010 | 245 |
| &nbsp;&nbsp;&nbsp; Interface Inc, Cl A  | 9720 | 195 |
| &nbsp;&nbsp;&nbsp; Intuitive Machines Inc <sup>\*</sup> | 4590 | 52 |
| &nbsp;&nbsp;&nbsp; ITT Inc  | 4813 | 725 |
| &nbsp;&nbsp;&nbsp; Karat Packaging Inc  | 8443 | 266 |
| &nbsp;&nbsp;&nbsp; Karman Holdings Inc <sup>\*</sup> | 5543 | 238 |
| &nbsp;&nbsp;&nbsp; Korn Ferry  | 9149 | 622 |
| &nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions Inc <sup>\*</sup> | 11255 | 415 |
| &nbsp;&nbsp;&nbsp; Landstar System Inc  | 5126 | 703 |
| &nbsp;&nbsp;&nbsp; Leonardo DRS Inc  | 8690 | 368 |
| &nbsp;&nbsp;&nbsp; Limbach Holdings Inc <sup>\*</sup> | 3207 | 411 |
| &nbsp;&nbsp;&nbsp; Liquidity Services Inc <sup>\*</sup> | 7690 | 180 |
| &nbsp;&nbsp;&nbsp; Loar Holdings Inc <sup>\*</sup> | 3459 | 301 |
| &nbsp;&nbsp;&nbsp; LSI Industries Inc  | 14810 | 241 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small Cap II Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Luxfer Holdings PLC  | 12950 | $148 |
| &nbsp;&nbsp;&nbsp; Matrix Service Co <sup>\*</sup> | 6650 | 81 |
| &nbsp;&nbsp;&nbsp; Microvast Holdings Inc <sup>\*</sup> | 56440 | 203 |
| &nbsp;&nbsp;&nbsp; NEXTracker Inc, Cl A <sup>\*</sup> | 7094 | 402 |
| &nbsp;&nbsp;&nbsp; Nordson Corp  | 3585 | 760 |
| &nbsp;&nbsp;&nbsp; NuScale Power Corp <sup>\*</sup> | 9893 | 316 |
| &nbsp;&nbsp;&nbsp; nVent Electric PLC  | 14693 | 967 |
| &nbsp;&nbsp;&nbsp; Omega Flex Inc  | 1800 | 59 |
| &nbsp;&nbsp;&nbsp; Orion Group Holdings Inc <sup>\*</sup> | 22920 | 189 |
| &nbsp;&nbsp;&nbsp; Park-Ohio Holdings Corp  | 6186 | 113 |
| &nbsp;&nbsp;&nbsp; Pitney Bowes Inc  | 28682 | 295 |
| &nbsp;&nbsp;&nbsp; Powell Industries Inc  | 1007 | 171 |
| &nbsp;&nbsp;&nbsp; Preformed Line Products Co  | 1219 | 174 |
| &nbsp;&nbsp;&nbsp; Regal Rexnord Corp  | 3358 | 448 |
| &nbsp;&nbsp;&nbsp; REV Group Inc  | 7295 | 273 |
| &nbsp;&nbsp;&nbsp; Rocket Lab Corp <sup>\*</sup> | 11041 | 296 |
| &nbsp;&nbsp;&nbsp; Sensata Technologies Holding PLC  | 25352 | 661 |
| &nbsp;&nbsp;&nbsp; Shyft Group Inc/The  | 5000 | 52 |
| &nbsp;&nbsp;&nbsp; Standex International Corp  | 10053 | 1517 |
| &nbsp;&nbsp;&nbsp; Steelcase Inc, Cl A  | 16752 | 173 |
| &nbsp;&nbsp;&nbsp; Sun Country Airlines Holdings Inc <sup>\*</sup> | 32123 | 372 |
| &nbsp;&nbsp;&nbsp; Terex Corp  | 12984 | 584 |
| &nbsp;&nbsp;&nbsp; Tetra Tech Inc  | 21684 | 758 |
| &nbsp;&nbsp;&nbsp; TransUnion  | 8059 | 690 |
| &nbsp;&nbsp;&nbsp; Tutor Perini Corp <sup>\*</sup> | 14377 | 530 |
| &nbsp;&nbsp;&nbsp; Twin Disc Inc  | 14280 | 104 |
| &nbsp;&nbsp;&nbsp; UFP Industries Inc  | 6029 | 588 |
| &nbsp;&nbsp;&nbsp; UL Solutions Inc, Cl A  | 4953 | 354 |
| &nbsp;&nbsp;&nbsp; Ultralife Corp <sup>\*</sup> | 8256 | 55 |
| &nbsp;&nbsp;&nbsp; UniFirst Corp/MA  | 4019 | 758 |
| &nbsp;&nbsp;&nbsp; V2X Inc <sup>\*</sup> | 1590 | 72 |
| &nbsp;&nbsp;&nbsp; Valmont Industries Inc  | 5318 | 1691 |
| &nbsp;&nbsp;&nbsp; Virco Mfg. Corp  | 20714 | 174 |
| &nbsp;&nbsp;&nbsp; VSE Corp  | 2294 | 298 |
| &nbsp;&nbsp;&nbsp; Watts Water Technologies Inc, Cl A  | 1685 | 408 |
| &nbsp;&nbsp;&nbsp; WESCO International Inc  | 11224 | 1884 |
| &nbsp;&nbsp;&nbsp; Willdan Group Inc <sup>\*</sup> | 9697 | 524 |
|  |  | 45825 |
| **Information Technology — 10.1%** | **Information Technology — 10.1%** |  |
| &nbsp;&nbsp;&nbsp; 8x8 Inc <sup>\*</sup> | 89780 | 147 |
| &nbsp;&nbsp;&nbsp; Aeva Technologies Inc <sup>\*</sup> | 3950 | 72 |
| &nbsp;&nbsp;&nbsp; Alkami Technology Inc <sup>\*</sup> | 5437 | 156 |
| &nbsp;&nbsp;&nbsp; Alpha & Omega Semiconductor Ltd <sup>\*</sup> | 2780 | 59 |
| &nbsp;&nbsp;&nbsp; Applied Optoelectronics Inc <sup>\*</sup> | 14200 | 219 |
| &nbsp;&nbsp;&nbsp; Arlo Technologies Inc <sup>\*</sup> | 10580 | 151 |
| &nbsp;&nbsp;&nbsp; AudioEye Inc <sup>\*</sup> | 8010 | 98 |
| &nbsp;&nbsp;&nbsp; AvePoint Inc <sup>\*</sup> | 13446 | 251 |
| &nbsp;&nbsp;&nbsp; Backblaze Inc, Cl A <sup>\*</sup> | 67201 | 383 |
| &nbsp;&nbsp;&nbsp; Badger Meter Inc  | 1779 | 442 |
| &nbsp;&nbsp;&nbsp; Belden Inc  | 3255 | 346 |
| &nbsp;&nbsp;&nbsp; Bentley Systems Inc, Cl B  | 16398 | 783 |
| &nbsp;&nbsp;&nbsp; BigCommerce Holdings Inc <sup>\*</sup> | 65937 | 332 |
| &nbsp;&nbsp;&nbsp; Box Inc, Cl A <sup>\*</sup> | 9380 | 355 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Calix Inc <sup>\*</sup> | 6483 | $300 |
| &nbsp;&nbsp;&nbsp; Cerence Inc <sup>\*</sup> | 12290 | 105 |
| &nbsp;&nbsp;&nbsp; Clear Secure Inc, Cl A  | 30550 | 756 |
| &nbsp;&nbsp;&nbsp; Clearfield Inc <sup>\*</sup> | 4742 | 176 |
| &nbsp;&nbsp;&nbsp; Cognex Corp  | 18844 | 565 |
| &nbsp;&nbsp;&nbsp; Cohu Inc <sup>\*</sup> | 19377 | 331 |
| &nbsp;&nbsp;&nbsp; CommVault Systems Inc <sup>\*</sup> | 2375 | 435 |
| &nbsp;&nbsp;&nbsp; Consensus Cloud Solutions Inc <sup>\*</sup> | 5531 | 121 |
| &nbsp;&nbsp;&nbsp; Corsair Gaming Inc <sup>\*</sup> | 7240 | 64 |
| &nbsp;&nbsp;&nbsp; Diodes Inc <sup>\*</sup> | 8321 | 369 |
| &nbsp;&nbsp;&nbsp; EverCommerce Inc <sup>\*</sup> | 9606 | 96 |
| &nbsp;&nbsp;&nbsp; Hackett Group Inc/The  | 7320 | 179 |
| &nbsp;&nbsp;&nbsp; Harmonic Inc <sup>\*</sup> | 72363 | 653 |
| &nbsp;&nbsp;&nbsp; Immersion Corp  | 48030 | 361 |
| &nbsp;&nbsp;&nbsp; InterDigital Inc  | 1349 | 293 |
| &nbsp;&nbsp;&nbsp; JFrog Ltd <sup>\*</sup> | 6901 | 296 |
| &nbsp;&nbsp;&nbsp; Kulicke & Soffa Industries Inc  | 16814 | 541 |
| &nbsp;&nbsp;&nbsp; Kyndryl Holdings Inc <sup>\*</sup> | 9765 | 381 |
| &nbsp;&nbsp;&nbsp; Life360 Inc <sup>\*</sup> | 5036 | 320 |
| &nbsp;&nbsp;&nbsp; Littelfuse Inc  | 4199 | 861 |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings Inc <sup>\*</sup> | 15635 | 1130 |
| &nbsp;&nbsp;&nbsp; Mirion Technologies Inc, Cl A <sup>\*</sup> | 15879 | 303 |
| &nbsp;&nbsp;&nbsp; NETGEAR Inc <sup>\*</sup> | 9144 | 268 |
| &nbsp;&nbsp;&nbsp; Olo Inc, Cl A <sup>\*</sup> | 59162 | 515 |
| &nbsp;&nbsp;&nbsp; OneSpan Inc  | 15040 | 240 |
| &nbsp;&nbsp;&nbsp; Ooma Inc <sup>\*</sup> | 17174 | 234 |
| &nbsp;&nbsp;&nbsp; Open Text Corp  | 31585 | 894 |
| &nbsp;&nbsp;&nbsp; OSI Systems Inc <sup>\*</sup> | 1926 | 422 |
| &nbsp;&nbsp;&nbsp; Ouster Inc <sup>\*</sup> | 8680 | 106 |
| &nbsp;&nbsp;&nbsp; Pagaya Technologies Ltd, Cl A <sup>\*</sup> | 31880 | 524 |
| &nbsp;&nbsp;&nbsp; PC Connection Inc  | 3310 | 216 |
| &nbsp;&nbsp;&nbsp; Photronics Inc <sup>\*</sup> | 97285 | 1626 |
| &nbsp;&nbsp;&nbsp; Porch Group Inc <sup>\*</sup> | 40532 | 370 |
| &nbsp;&nbsp;&nbsp; Power Integrations Inc  | 15198 | 756 |
| &nbsp;&nbsp;&nbsp; Red Violet Inc  | 9931 | 482 |
| &nbsp;&nbsp;&nbsp; Ribbon Communications Inc <sup>\*</sup> | 17780 | 60 |
| &nbsp;&nbsp;&nbsp; Rimini Street Inc <sup>\*</sup> | 65389 | 199 |
| &nbsp;&nbsp;&nbsp; Rogers Corp <sup>\*</sup> | 5281 | 352 |
| &nbsp;&nbsp;&nbsp; Rubrik Inc, Cl A <sup>\*</sup> | 4601 | 439 |
| &nbsp;&nbsp;&nbsp; SEMrush Holdings Inc, Cl A <sup>\*</sup> | 22544 | 222 |
| &nbsp;&nbsp;&nbsp; Service Titan Inc <sup>\*</sup> | 2408 | 266 |
| &nbsp;&nbsp;&nbsp; Silicon Laboratories Inc <sup>\*</sup> | 5038 | 607 |
| &nbsp;&nbsp;&nbsp; Silicon Motion Technology Corp ADR  | 28315 | 1733 |
| &nbsp;&nbsp;&nbsp; SkyWater Technology Inc <sup>\*</sup> | 13877 | 125 |
| &nbsp;&nbsp;&nbsp; SoundThinking Inc <sup>\*</sup> | 6821 | 106 |
| &nbsp;&nbsp;&nbsp; TTM Technologies Inc <sup>\*</sup> | 11918 | 356 |
| &nbsp;&nbsp;&nbsp; Turtle Beach Corp <sup>\*</sup> | 12074 | 139 |
| &nbsp;&nbsp;&nbsp; Universal Display Corp  | 5316 | 762 |
| &nbsp;&nbsp;&nbsp; Viavi Solutions Inc <sup>\*</sup> | 62665 | 571 |
| &nbsp;&nbsp;&nbsp; Weave Communications Inc <sup>\*</sup> | 28450 | 275 |
| &nbsp;&nbsp;&nbsp; WM Technology Inc <sup>\*</sup> | 232635 | 242 |
|  |  | 25537 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Materials — 5.9%** | **Materials — 5.9%** |  |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging SA  | 130590 | $509 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems Ltd <sup>\*</sup> | 8010 | 247 |
| &nbsp;&nbsp;&nbsp; Cabot Corp  | 17260 | 1289 |
| &nbsp;&nbsp;&nbsp; Caledonia Mining Corp PLC  | 26237 | 449 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp  | 2605 | 612 |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs Inc <sup>\*</sup> | 212477 | 1239 |
| &nbsp;&nbsp;&nbsp; Commercial Metals Co  | 37428 | 1744 |
| &nbsp;&nbsp;&nbsp; FMC Corp  | 44898 | 1821 |
| &nbsp;&nbsp;&nbsp; Greif Inc, Cl B  | 2414 | 145 |
| &nbsp;&nbsp;&nbsp; Hudbay Minerals Inc  | 79545 | 710 |
| &nbsp;&nbsp;&nbsp; Ingevity Corp <sup>\*</sup> | 7480 | 309 |
| &nbsp;&nbsp;&nbsp; Innospec Inc  | 3155 | 268 |
| &nbsp;&nbsp;&nbsp; Intrepid Potash Inc <sup>\*</sup> | 1460 | 55 |
| &nbsp;&nbsp;&nbsp; Kronos Worldwide Inc  | 7154 | 45 |
| &nbsp;&nbsp;&nbsp; Metals Acquisition Ltd, Cl A <sup>\*</sup> | 40719 | 495 |
| &nbsp;&nbsp;&nbsp; Myers Industries Inc  | 38990 | 495 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp  | 475 | 306 |
| &nbsp;&nbsp;&nbsp; O-I Glass Inc <sup>\*</sup> | 24076 | 316 |
| &nbsp;&nbsp;&nbsp; Perpetua Resources Corp <sup>\*</sup> | 20427 | 284 |
| &nbsp;&nbsp;&nbsp; Quaker Chemical Corp  | 5090 | 552 |
| &nbsp;&nbsp;&nbsp; Ramaco Resources Inc, Cl A  | 6570 | 59 |
| &nbsp;&nbsp;&nbsp; Ranpak Holdings Corp, Cl A <sup>\*</sup> | 23090 | 77 |
| &nbsp;&nbsp;&nbsp; Reliance Inc  | 3575 | 1047 |
| &nbsp;&nbsp;&nbsp; Royal Gold Inc  | 5388 | 960 |
| &nbsp;&nbsp;&nbsp; Sensient Technologies Corp  | 3597 | 340 |
| &nbsp;&nbsp;&nbsp; Silgan Holdings Inc  | 9259 | 510 |
| &nbsp;&nbsp;&nbsp; SunCoke Energy Inc  | 17521 | 143 |
|  |  | 15026 |
| **Real Estate — 4.8%** | **Real Estate — 4.8%** |  |
| &nbsp;&nbsp;&nbsp; Agree Realty Corp <sup>‡</sup> | 11480 | 864 |
| &nbsp;&nbsp;&nbsp; Alexander's Inc <sup>‡</sup> | 2134 | 481 |
| &nbsp;&nbsp;&nbsp; American Healthcare REIT Inc <sup>‡</sup> | 9284 | 324 |
| &nbsp;&nbsp;&nbsp; CBL & Associates Properties Inc <sup>‡</sup> | 4090 | 103 |
| &nbsp;&nbsp;&nbsp; COPT Defense Properties <sup>‡</sup> | 21358 | 586 |
| &nbsp;&nbsp;&nbsp; CTO Realty Growth Inc <sup>‡</sup> | 40401 | 744 |
| &nbsp;&nbsp;&nbsp; Farmland Partners Inc <sup>‡</sup> | 44328 | 502 |
| &nbsp;&nbsp;&nbsp; FirstService Corp  | 4211 | 739 |
| &nbsp;&nbsp;&nbsp; FrontView REIT Inc <sup>‡</sup> | 21810 | 251 |
| &nbsp;&nbsp;&nbsp; Highwoods Properties Inc <sup>‡</sup> | 57671 | 1713 |
| &nbsp;&nbsp;&nbsp; Landbridge Co LLC, Cl A  | 2567 | 183 |
| &nbsp;&nbsp;&nbsp; National Storage Affiliates Trust <sup>‡</sup> | 17760 | 611 |
| &nbsp;&nbsp;&nbsp; Newmark Group Inc, Cl A  | 79111 | 871 |
| &nbsp;&nbsp;&nbsp; One Liberty Properties Inc <sup>‡</sup> | 14191 | 347 |
| &nbsp;&nbsp;&nbsp; Orion Office REIT Inc <sup>‡</sup> | 86180 | 165 |
| &nbsp;&nbsp;&nbsp; Postal Realty Trust Inc, Cl A <sup>‡</sup> | 30914 | 428 |
| &nbsp;&nbsp;&nbsp; Ryman Hospitality Properties Inc <sup>‡</sup> | 8786 | 853 |
| &nbsp;&nbsp;&nbsp; Saul Centers Inc <sup>‡</sup> | 3202 | 108 |
| &nbsp;&nbsp;&nbsp; Service Properties Trust <sup>‡</sup> | 158140 | 367 |
| &nbsp;&nbsp;&nbsp; STAG Industrial Inc <sup>‡</sup> | 19825 | 705 |
| &nbsp;&nbsp;&nbsp; Terreno Realty Corp <sup>‡</sup> | 13999 | 790 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Universal Health Realty Income Trust <sup>‡</sup> | 7420 | $295 |
|  |  | 12030 |
| **Utilities — 1.6%** | **Utilities — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Black Hills Corp  | 6232 | 364 |
| &nbsp;&nbsp;&nbsp; Cadiz Inc <sup>\*</sup> | 12792 | 38 |
| &nbsp;&nbsp;&nbsp; Chesapeake Utilities Corp  | 6726 | 822 |
| &nbsp;&nbsp;&nbsp; Global Water Resources Inc  | 4526 | 46 |
| &nbsp;&nbsp;&nbsp; IDACORP Inc, Cl Rights  | 7368 | 876 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co  | 4356 | 360 |
| &nbsp;&nbsp;&nbsp; Oklo Inc, Cl A <sup>\*</sup> | 4489 | 237 |
| &nbsp;&nbsp;&nbsp; Portland General Electric Co  | 10531 | 446 |
| &nbsp;&nbsp;&nbsp; Pure Cycle Corp <sup>\*</sup> | 5650 | 60 |
| &nbsp;&nbsp;&nbsp; Spire Inc  | 4532 | 341 |
| &nbsp;&nbsp;&nbsp; Talen Energy Corp <sup>\*</sup> | 909 | 222 |
| &nbsp;&nbsp;&nbsp; York Water Co/The  | 7820 | 255 |
|  |  | 4067 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $206,058) ($ Thousands) |  | 239568 |
| **EXCHANGE-TRADED FUND — 0.3%** | **EXCHANGE-TRADED FUND — 0.3%** | **EXCHANGE-TRADED FUND — 0.3%** |
| **Equity — 0.3%** | **Equity — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; iShares Russell 2000 Value ETF  | 4858 | 733 |
|  Total Exchange-Traded Fund  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $802) ($ Thousands) |  | 733 |
| **CASH EQUIVALENT — 4.3%** | **CASH EQUIVALENT — 4.3%** | **CASH EQUIVALENT — 4.3%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 10894374 | 10894 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $10,894) ($ Thousands) |  | 10894 |
| Total Investments in Securities — 99.6% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $217,754) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $217,754) ($ Thousands)  | $251195 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small Cap II Fund** (Concluded)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Russell 2000 Index E-MINI | 87 | Jun-2025 | $8644 | $8997 | $353 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $252,161 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 239568 |  |  | 239568 |
| &nbsp;&nbsp;&nbsp; Exchange-Traded Fund | 733 |  |  | 733 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 10894 |  |  | 10894 |
|  Total Investments in Securities | 251195 |  |  | 251195 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 353 |  |  | 353 |
| Total Other Financial Instruments | 353 |  |  | 353 |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Liquidity Fund, LP  | $1 | $— | $(3) | $(2) | $4 | $— | $— | $— |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | 5983 | 82796 | (77885) |  |  | 10894 | 344 |  |
| Totals  | $5984 | $82796 | $(77888) | $(2) | $4 | $10894 | $344 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small/Mid Cap Equity Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 95.4%** | **COMMON STOCK — 95.4%** | **COMMON STOCK — 95.4%** |
| **Communication Services — 2.2%** | **Communication Services — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; AMC Networks Inc, Cl A <sup>\*</sup> | 22800 | $151 |
| &nbsp;&nbsp;&nbsp; EverQuote Inc, Cl A <sup>\*</sup> | 46930 | 1082 |
| &nbsp;&nbsp;&nbsp; Fox Corp  | 57100 | 3137 |
| &nbsp;&nbsp;&nbsp; Marcus Corp/The  | 60270 | 1114 |
| &nbsp;&nbsp;&nbsp; MediaAlpha Inc, Cl A <sup>\*</sup> | 113000 | 1153 |
| &nbsp;&nbsp;&nbsp; New York Times Co/The, Cl A  | 45982 | 2626 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group Inc, Cl A  | 27148 | 4627 |
| &nbsp;&nbsp;&nbsp; Playtika Holding Corp  | 56700 | 269 |
| &nbsp;&nbsp;&nbsp; QuinStreet Inc <sup>\*</sup> | 65780 | 1004 |
| &nbsp;&nbsp;&nbsp; Shutterstock Inc  | 19900 | 367 |
| &nbsp;&nbsp;&nbsp; Sirius XM Holdings Inc  | 31600 | 685 |
| &nbsp;&nbsp;&nbsp; TEGNA Inc  | 49300 | 824 |
| &nbsp;&nbsp;&nbsp; Yelp Inc, Cl A <sup>\*</sup> | 31100 | 1187 |
|  |  | 18226 |
| **Consumer Discretionary — 11.1%** | **Consumer Discretionary — 11.1%** |  |
| &nbsp;&nbsp;&nbsp; Academy Sports & Outdoors Inc  | 14800 | 605 |
| &nbsp;&nbsp;&nbsp; ADT Inc  | 244480 | 2034 |
| &nbsp;&nbsp;&nbsp; Adtalem Global Education Inc <sup>\*</sup> | 10168 | 1342 |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing Holdings Inc <sup>\*</sup> | 54700 | 240 |
| &nbsp;&nbsp;&nbsp; Autoliv Inc  | 12100 | 1244 |
| &nbsp;&nbsp;&nbsp; AutoNation Inc <sup>\*</sup> | 6200 | 1140 |
| &nbsp;&nbsp;&nbsp; BJ's Restaurants Inc <sup>\*</sup> | 31790 | 1418 |
| &nbsp;&nbsp;&nbsp; Bloomin' Brands Inc  | 53700 | 410 |
| &nbsp;&nbsp;&nbsp; Boot Barn Holdings Inc <sup>\*</sup> | 11555 | 1852 |
| &nbsp;&nbsp;&nbsp; BorgWarner Inc  | 45300 | 1499 |
| &nbsp;&nbsp;&nbsp; Brinker International Inc <sup>\*</sup> | 17525 | 3025 |
| &nbsp;&nbsp;&nbsp; Brunswick Corp/DE  | 47434 | 2401 |
| &nbsp;&nbsp;&nbsp; Buckle Inc/The  | 28600 | 1219 |
| &nbsp;&nbsp;&nbsp; Burlington Stores Inc <sup>\*</sup> | 13732 | 3135 |
| &nbsp;&nbsp;&nbsp; Capri Holdings Ltd <sup>\*</sup> | 18100 | 328 |
| &nbsp;&nbsp;&nbsp; Carter's Inc  | 12100 | 380 |
| &nbsp;&nbsp;&nbsp; Carvana Co, Cl A <sup>\*</sup> | 3900 | 1276 |
| &nbsp;&nbsp;&nbsp; Churchill Downs Inc  | 25783 | 2462 |
| &nbsp;&nbsp;&nbsp; Crocs Inc <sup>\*</sup> | 14400 | 1469 |
| &nbsp;&nbsp;&nbsp; Dick's Sporting Goods Inc  | 17757 | 3185 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza Inc  | 6418 | 3041 |
| &nbsp;&nbsp;&nbsp; Dorman Products Inc <sup>\*</sup> | 10850 | 1403 |
| &nbsp;&nbsp;&nbsp; Expedia Group Inc  | 5700 | 950 |
| &nbsp;&nbsp;&nbsp; Frontdoor Inc <sup>\*</sup> | 21730 | 1195 |
| &nbsp;&nbsp;&nbsp; Gap Inc/The  | 91050 | 2031 |
| &nbsp;&nbsp;&nbsp; G-III Apparel Group Ltd <sup>\*</sup> | 40550 | 1178 |
| &nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co/The <sup>\*</sup> | 71642 | 817 |
| &nbsp;&nbsp;&nbsp; Group 1 Automotive Inc  | 11490 | 4871 |
| &nbsp;&nbsp;&nbsp; Harley-Davidson Inc  | 60400 | 1462 |
| &nbsp;&nbsp;&nbsp; Haverty Furniture Cos Inc  | 38200 | 801 |
| &nbsp;&nbsp;&nbsp; Jack in the Box Inc  | 7184 | 136 |
| &nbsp;&nbsp;&nbsp; JAKKS Pacific Inc  | 15700 | 316 |
| &nbsp;&nbsp;&nbsp; Kohl's Corp  | 24700 | 201 |
| &nbsp;&nbsp;&nbsp; LCI Industries  | 11580 | 1009 |
| &nbsp;&nbsp;&nbsp; Life Time Group Holdings Inc <sup>\*</sup> | 36950 | 1057 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Macy's Inc  | 43100 | $512 |
| &nbsp;&nbsp;&nbsp; Mattel Inc <sup>\*</sup> | 78600 | 1489 |
| &nbsp;&nbsp;&nbsp; MGM Resorts International <sup>\*</sup> | 44200 | 1399 |
| &nbsp;&nbsp;&nbsp; Modine Manufacturing Co <sup>\*</sup> | 4934 | 448 |
| &nbsp;&nbsp;&nbsp; Mohawk Industries Inc <sup>\*</sup> | 7800 | 785 |
| &nbsp;&nbsp;&nbsp; National Vision Holdings Inc <sup>\*</sup> | 62580 | 1240 |
| &nbsp;&nbsp;&nbsp; ODP Corp/The <sup>\*</sup> | 35700 | 587 |
| &nbsp;&nbsp;&nbsp; Ollie's Bargain Outlet Holdings Inc <sup>\*</sup> | 39330 | 4383 |
| &nbsp;&nbsp;&nbsp; Perdoceo Education Corp  | 45800 | 1559 |
| &nbsp;&nbsp;&nbsp; Phinia Inc  | 27000 | 1172 |
| &nbsp;&nbsp;&nbsp; Polaris Inc  | 8100 | 318 |
| &nbsp;&nbsp;&nbsp; Pool Corp  | 17462 | 5249 |
| &nbsp;&nbsp;&nbsp; PulteGroup Inc  | 18600 | 1823 |
| &nbsp;&nbsp;&nbsp; PVH Corp  | 13300 | 1114 |
| &nbsp;&nbsp;&nbsp; Rush Street Interactive Inc <sup>\*</sup> | 97970 | 1243 |
| &nbsp;&nbsp;&nbsp; SharkNinja Inc <sup>\*</sup> | 11800 | 1085 |
| &nbsp;&nbsp;&nbsp; Standard Motor Products Inc  | 39950 | 1210 |
| &nbsp;&nbsp;&nbsp; Tapestry Inc  | 21600 | 1697 |
| &nbsp;&nbsp;&nbsp; Toll Brothers Inc  | 32400 | 3378 |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co  | 87957 | 4272 |
| &nbsp;&nbsp;&nbsp; Upbound Group Inc, Cl A  | 38200 | 876 |
| &nbsp;&nbsp;&nbsp; Urban Outfitters Inc <sup>\*</sup> | 21000 | 1468 |
| &nbsp;&nbsp;&nbsp; Whirlpool Corp  | 14400 | 1125 |
| &nbsp;&nbsp;&nbsp; Wingstop Inc  | 10178 | 3478 |
| &nbsp;&nbsp;&nbsp; Winnebago Industries Inc  | 11200 | 380 |
|  |  | 93422 |
| **Consumer Staples — 4.0%** | **Consumer Staples — 4.0%** |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos Inc, Cl A  | 127200 | 2828 |
| &nbsp;&nbsp;&nbsp; Bunge Global SA  | 12000 | 938 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores Inc  | 12759 | 5585 |
| &nbsp;&nbsp;&nbsp; Chefs' Warehouse Inc/The <sup>\*</sup> | 18440 | 1176 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co Inc  | 32669 | 3212 |
| &nbsp;&nbsp;&nbsp; Conagra Brands Inc  | 38100 | 872 |
| &nbsp;&nbsp;&nbsp; Fresh Del Monte Produce Inc  | 39700 | 1402 |
| &nbsp;&nbsp;&nbsp; Herbalife Ltd <sup>\*</sup> | 77800 | 608 |
| &nbsp;&nbsp;&nbsp; Ingredion Inc  | 25600 | 3561 |
| &nbsp;&nbsp;&nbsp; J & J Snack Foods Corp  | 12395 | 1427 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co, Cl B  | 44100 | 2363 |
| &nbsp;&nbsp;&nbsp; Post Holdings Inc <sup>\*</sup> | 9720 | 1075 |
| &nbsp;&nbsp;&nbsp; PriceSmart Inc  | 26141 | 2823 |
| &nbsp;&nbsp;&nbsp; SpartanNash Co  | 30100 | 586 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market Inc <sup>\*</sup> | 18892 | 3266 |
| &nbsp;&nbsp;&nbsp; United Natural Foods Inc <sup>\*</sup> | 45010 | 1376 |
| &nbsp;&nbsp;&nbsp; Vital Farms Inc <sup>\*</sup> | 26971 | 859 |
|  |  | 33957 |
| **Energy — 3.3%** | **Energy — 3.3%** |  |
| &nbsp;&nbsp;&nbsp; APA Corp  | 51662 | 879 |
| &nbsp;&nbsp;&nbsp; Archrock Inc  | 56190 | 1399 |
| &nbsp;&nbsp;&nbsp; Aris Water Solutions Inc, Cl A  | 35960 | 793 |
| &nbsp;&nbsp;&nbsp; Atlas Energy Solutions Inc, Cl A  | 112450 | 1366 |
| &nbsp;&nbsp;&nbsp; Cactus Inc, Cl A  | 10600 | 435 |
| &nbsp;&nbsp;&nbsp; California Resources Corp  | 27800 | 1228 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small/Mid Cap Equity Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; ChampionX Corp  | 78461 | $1889 |
| &nbsp;&nbsp;&nbsp; Chesapeake Energy Corp  | 10650 | 1237 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc  | 39600 | 1084 |
| &nbsp;&nbsp;&nbsp; CNX Resources Corp <sup>\*</sup> | 26100 | 842 |
| &nbsp;&nbsp;&nbsp; Excelerate Energy Inc, Cl A  | 39310 | 1106 |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Corp <sup>\*</sup> | 6300 | 1206 |
| &nbsp;&nbsp;&nbsp; Helmerich & Payne Inc  | 27900 | 425 |
| &nbsp;&nbsp;&nbsp; HF Sinclair Corp  | 52100 | 1882 |
| &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Corp, Cl A  | 50270 | 1081 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co  | 127752 | 5495 |
| &nbsp;&nbsp;&nbsp; Murphy Oil Corp  | 49161 | 1029 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas Inc  | 63556 | 1689 |
| &nbsp;&nbsp;&nbsp; Scorpio Tankers Inc  | 18000 | 715 |
| &nbsp;&nbsp;&nbsp; SM Energy Co  | 19200 | 450 |
| &nbsp;&nbsp;&nbsp; World Kinect Corp  | 53900 | 1476 |
|  |  | 27706 |
| **Financials — 16.9%** | **Financials — 16.9%** |  |
| &nbsp;&nbsp;&nbsp; 1st Source Corp  | 18960 | 1148 |
| &nbsp;&nbsp;&nbsp; Affiliated Managers Group Inc  | 5900 | 1038 |
| &nbsp;&nbsp;&nbsp; Ally Financial Inc  | 40300 | 1411 |
| &nbsp;&nbsp;&nbsp; Annaly Capital Management Inc <sup>‡</sup> | 32200 | 610 |
| &nbsp;&nbsp;&nbsp; Ares Capital Corp  | 35700 | 787 |
| &nbsp;&nbsp;&nbsp; Associated Banc-Corp  | 54400 | 1260 |
| &nbsp;&nbsp;&nbsp; Banco Latinoamericano de Comercio Exterior SA  | 41700 | 1711 |
| &nbsp;&nbsp;&nbsp; Banner Corp  | 18890 | 1165 |
| &nbsp;&nbsp;&nbsp; Blue Owl Capital Corp  | 69500 | 1018 |
| &nbsp;&nbsp;&nbsp; Bread Financial Holdings Inc  | 23000 | 1179 |
| &nbsp;&nbsp;&nbsp; Central Pacific Financial Corp  | 40750 | 1088 |
| &nbsp;&nbsp;&nbsp; Chimera Investment Corp <sup>‡</sup> | 72000 | 949 |
| &nbsp;&nbsp;&nbsp; Citizens Financial Group Inc  | 77700 | 3135 |
| &nbsp;&nbsp;&nbsp; CNA Financial Corp  | 18800 | 901 |
| &nbsp;&nbsp;&nbsp; CNO Financial Group Inc  | 79400 | 3014 |
| &nbsp;&nbsp;&nbsp; Cohen & Steers Inc  | 35235 | 2708 |
| &nbsp;&nbsp;&nbsp; Comerica Inc  | 30100 | 1718 |
| &nbsp;&nbsp;&nbsp; Corpay Inc <sup>\*</sup> | 3700 | 1203 |
| &nbsp;&nbsp;&nbsp; Employers Holdings Inc  | 25650 | 1248 |
| &nbsp;&nbsp;&nbsp; Enact Holdings Inc  | 30500 | 1080 |
| &nbsp;&nbsp;&nbsp; Enova International Inc <sup>\*</sup> | 14540 | 1347 |
| &nbsp;&nbsp;&nbsp; Enterprise Financial Services Corp  | 21370 | 1131 |
| &nbsp;&nbsp;&nbsp; Equitable Holdings Inc  | 15800 | 835 |
| &nbsp;&nbsp;&nbsp; Essent Group Ltd  | 17600 | 1021 |
| &nbsp;&nbsp;&nbsp; Euronet Worldwide Inc <sup>\*</sup> | 11000 | 1191 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd  | 2600 | 903 |
| &nbsp;&nbsp;&nbsp; EVERTEC Inc  | 32300 | 1170 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems Inc  | 5383 | 2467 |
| &nbsp;&nbsp;&nbsp; Fidelis Insurance Holdings Ltd  | 46400 | 811 |
| &nbsp;&nbsp;&nbsp; Fifth Third Bancorp  | 48400 | 1848 |
| &nbsp;&nbsp;&nbsp; First BanCorp/Puerto Rico  | 62130 | 1241 |
| &nbsp;&nbsp;&nbsp; First Busey Corp  | 27700 | 613 |
| &nbsp;&nbsp;&nbsp; First Financial Bancorp  | 47460 | 1147 |
| &nbsp;&nbsp;&nbsp; First Financial Bankshares Inc  | 85600 | 3018 |
| &nbsp;&nbsp;&nbsp; First Horizon Corp  | 105800 | 2103 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; FNB Corp/PA  | 81000 | $1124 |
| &nbsp;&nbsp;&nbsp; FS KKR Capital Corp  | 35800 | 759 |
| &nbsp;&nbsp;&nbsp; Fulton Financial Corp  | 56300 | 971 |
| &nbsp;&nbsp;&nbsp; Globe Life Inc  | 12500 | 1523 |
| &nbsp;&nbsp;&nbsp; Green Dot Corp, Cl A <sup>\*</sup> | 108500 | 1003 |
| &nbsp;&nbsp;&nbsp; Hamilton Lane Inc, Cl A  | 24437 | 3641 |
| &nbsp;&nbsp;&nbsp; Hancock Whitney Corp  | 27200 | 1487 |
| &nbsp;&nbsp;&nbsp; Hanmi Financial Corp  | 62800 | 1439 |
| &nbsp;&nbsp;&nbsp; HCI Group Inc  | 9200 | 1553 |
| &nbsp;&nbsp;&nbsp; Home BancShares Inc/AR  | 114690 | 3245 |
| &nbsp;&nbsp;&nbsp; Horace Mann Educators Corp  | 30930 | 1343 |
| &nbsp;&nbsp;&nbsp; International Money Express Inc <sup>\*</sup> | 46200 | 510 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates Inc  | 17125 | 3103 |
| &nbsp;&nbsp;&nbsp; Jackson Financial Inc, Cl A  | 13800 | 1130 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Group PLC  | 30000 | 1090 |
| &nbsp;&nbsp;&nbsp; Kinsale Capital Group Inc  | 13857 | 6540 |
| &nbsp;&nbsp;&nbsp; Lincoln National Corp  | 20780 | 689 |
| &nbsp;&nbsp;&nbsp; MarketAxess Holdings Inc  | 6497 | 1406 |
| &nbsp;&nbsp;&nbsp; MGIC Investment Corp  | 125680 | 3324 |
| &nbsp;&nbsp;&nbsp; Moelis & Co, Cl A  | 27400 | 1565 |
| &nbsp;&nbsp;&nbsp; Morningstar Inc  | 8902 | 2746 |
| &nbsp;&nbsp;&nbsp; Navient Corp  | 65200 | 876 |
| &nbsp;&nbsp;&nbsp; NCR Atleos Corp <sup>\*</sup> | 8100 | 215 |
| &nbsp;&nbsp;&nbsp; Nicolet Bankshares Inc  | 12160 | 1491 |
| &nbsp;&nbsp;&nbsp; NMI Holdings Inc, Cl A <sup>\*</sup> | 30690 | 1219 |
| &nbsp;&nbsp;&nbsp; Oaktree Specialty Lending Corp  | 53000 | 775 |
| &nbsp;&nbsp;&nbsp; OFG Bancorp  | 42300 | 1740 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp  | 67220 | 2541 |
| &nbsp;&nbsp;&nbsp; Origin Bancorp Inc  | 34480 | 1175 |
| &nbsp;&nbsp;&nbsp; Palomar Holdings Inc, Cl A <sup>\*</sup> | 23185 | 3976 |
| &nbsp;&nbsp;&nbsp; Piper Sandler Cos  | 5805 | 1460 |
| &nbsp;&nbsp;&nbsp; Popular Inc  | 24900 | 2578 |
| &nbsp;&nbsp;&nbsp; Preferred Bank/Los Angeles CA  | 10240 | 856 |
| &nbsp;&nbsp;&nbsp; Primerica Inc  | 7926 | 2145 |
| &nbsp;&nbsp;&nbsp; PROG Holdings Inc  | 36500 | 1052 |
| &nbsp;&nbsp;&nbsp; Prosperity Bancshares Inc  | 39231 | 2732 |
| &nbsp;&nbsp;&nbsp; Radian Group Inc  | 40700 | 1390 |
| &nbsp;&nbsp;&nbsp; Regions Financial Corp  | 63600 | 1364 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America Inc, Cl A  | 11900 | 2419 |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp <sup>‡</sup> | 85300 | 951 |
| &nbsp;&nbsp;&nbsp; Root Inc/OH, Cl A <sup>\*</sup> | 8610 | 1128 |
| &nbsp;&nbsp;&nbsp; Ryan Specialty Holdings Inc, Cl A  | 49470 | 3541 |
| &nbsp;&nbsp;&nbsp; Skyward Specialty Insurance Group Inc <sup>\*</sup> | 21696 | 1374 |
| &nbsp;&nbsp;&nbsp; Stifel Financial Corp  | 20288 | 1912 |
| &nbsp;&nbsp;&nbsp; Synovus Financial Corp  | 19300 | 923 |
| &nbsp;&nbsp;&nbsp; Trustmark Corp  | 36720 | 1265 |
| &nbsp;&nbsp;&nbsp; UMB Financial Corp  | 12060 | 1244 |
| &nbsp;&nbsp;&nbsp; Universal Insurance Holdings Inc  | 7500 | 204 |
| &nbsp;&nbsp;&nbsp; Unum Group  | 39000 | 3187 |
| &nbsp;&nbsp;&nbsp; Upstart Holdings Inc <sup>\*</sup> | 15370 | 725 |
| &nbsp;&nbsp;&nbsp; Victory Capital Holdings Inc, Cl A  | 22000 | 1364 |
| &nbsp;&nbsp;&nbsp; Virtu Financial Inc, Cl A  | 32520 | 1307 |
| &nbsp;&nbsp;&nbsp; Western Union Co/The  | 87100 | 808 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Zions Bancorp NA  | 44500 | $2108 |
|  |  | 141453 |
| **Health Care — 10.9%** | **Health Care — 10.9%** |  |
| &nbsp;&nbsp;&nbsp; Amneal Pharmaceuticals Inc <sup>\*</sup> | 162640 | 1191 |
| &nbsp;&nbsp;&nbsp; ANI Pharmaceuticals Inc <sup>\*</sup> | 14850 | 872 |
| &nbsp;&nbsp;&nbsp; Arcutis Biotherapeutics Inc <sup>\*</sup> | 91570 | 1194 |
| &nbsp;&nbsp;&nbsp; Axsome Therapeutics Inc <sup>\*</sup> | 6395 | 672 |
| &nbsp;&nbsp;&nbsp; Baxter International Inc  | 48100 | 1467 |
| &nbsp;&nbsp;&nbsp; Bio-Techne Corp  | 37968 | 1838 |
| &nbsp;&nbsp;&nbsp; Blueprint Medicines Corp <sup>\*</sup> | 9368 | 949 |
| &nbsp;&nbsp;&nbsp; CareDx Inc <sup>\*</sup> | 35335 | 600 |
| &nbsp;&nbsp;&nbsp; Certara Inc <sup>\*</sup> | 148784 | 1690 |
| &nbsp;&nbsp;&nbsp; Chemed Corp  | 5079 | 2920 |
| &nbsp;&nbsp;&nbsp; DaVita Inc <sup>\*</sup> | 9700 | 1322 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp  | 36155 | 4371 |
| &nbsp;&nbsp;&nbsp; Ensign Group Inc/The  | 56986 | 8392 |
| &nbsp;&nbsp;&nbsp; Exelixis Inc <sup>\*</sup> | 76900 | 3310 |
| &nbsp;&nbsp;&nbsp; GeneDx Holdings Corp, Cl A <sup>\*</sup> | 12540 | 893 |
| &nbsp;&nbsp;&nbsp; Globus Medical Inc, Cl A <sup>\*</sup> | 38705 | 2291 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics Inc <sup>\*</sup> | 16080 | 902 |
| &nbsp;&nbsp;&nbsp; Harmony Biosciences Holdings Inc <sup>\*</sup> | 35400 | 1221 |
| &nbsp;&nbsp;&nbsp; HealthEquity Inc <sup>\*</sup> | 24673 | 2482 |
| &nbsp;&nbsp;&nbsp; Incyte Corp <sup>\*</sup> | 23600 | 1535 |
| &nbsp;&nbsp;&nbsp; Insmed Inc <sup>\*</sup> | 19508 | 1360 |
| &nbsp;&nbsp;&nbsp; Inspire Medical Systems Inc <sup>\*</sup> | 6820 | 942 |
| &nbsp;&nbsp;&nbsp; Integer Holdings Corp <sup>\*</sup> | 23745 | 2820 |
| &nbsp;&nbsp;&nbsp; Ironwood Pharmaceuticals Inc, Cl A <sup>\*</sup> | 97700 | 59 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals PLC <sup>\*</sup> | 27200 | 2939 |
| &nbsp;&nbsp;&nbsp; Lantheus Holdings Inc <sup>\*</sup> | 9278 | 701 |
| &nbsp;&nbsp;&nbsp; LeMaitre Vascular Inc  | 33476 | 2752 |
| &nbsp;&nbsp;&nbsp; Ligand Pharmaceuticals Inc <sup>\*</sup> | 10002 | 1022 |
| &nbsp;&nbsp;&nbsp; Merit Medical Systems Inc <sup>\*</sup> | 30162 | 2866 |
| &nbsp;&nbsp;&nbsp; Option Care Health Inc <sup>\*</sup> | 99042 | 3237 |
| &nbsp;&nbsp;&nbsp; Organon & Co  | 106100 | 978 |
| &nbsp;&nbsp;&nbsp; Pediatrix Medical Group Inc <sup>\*</sup> | 78500 | 1111 |
| &nbsp;&nbsp;&nbsp; Perrigo Co PLC  | 86328 | 2311 |
| &nbsp;&nbsp;&nbsp; Premier Inc, Cl A  | 49700 | 1142 |
| &nbsp;&nbsp;&nbsp; Protagonist Therapeutics Inc <sup>\*</sup> | 10679 | 507 |
| &nbsp;&nbsp;&nbsp; PTC Therapeutics Inc <sup>\*</sup> | 25800 | 1252 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics Inc  | 16251 | 2817 |
| &nbsp;&nbsp;&nbsp; RadNet Inc <sup>\*</sup> | 23170 | 1332 |
| &nbsp;&nbsp;&nbsp; Repligen Corp <sup>\*</sup> | 24264 | 2865 |
| &nbsp;&nbsp;&nbsp; Rhythm Pharmaceuticals Inc <sup>\*</sup> | 12405 | 761 |
| &nbsp;&nbsp;&nbsp; STERIS PLC  | 13353 | 3274 |
| &nbsp;&nbsp;&nbsp; Supernus Pharmaceuticals Inc <sup>\*</sup> | 13180 | 418 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp <sup>\*</sup> | 8300 | 1401 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp <sup>\*</sup> | 11168 | 3561 |
| &nbsp;&nbsp;&nbsp; Universal Health Services Inc, Cl B  | 17420 | 3316 |
| &nbsp;&nbsp;&nbsp; US Physical Therapy Inc  | 32887 | 2466 |
| &nbsp;&nbsp;&nbsp; Varex Imaging Corp <sup>\*</sup> | 64000 | 491 |
| &nbsp;&nbsp;&nbsp; Veracyte Inc <sup>\*</sup> | 37890 | 1008 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Waystar Holding Corp <sup>\*</sup> | 28110 | $1124 |
|  |  | 90945 |
| **Industrials — 23.8%** | **Industrials — 23.8%** |  |
| &nbsp;&nbsp;&nbsp; AAON Inc  | 48657 | 4685 |
| &nbsp;&nbsp;&nbsp; ABM Industries Inc  | 30770 | 1620 |
| &nbsp;&nbsp;&nbsp; ACV Auctions Inc, Cl A <sup>\*</sup> | 44935 | 736 |
| &nbsp;&nbsp;&nbsp; Advanced Drainage Systems Inc  | 26591 | 2924 |
| &nbsp;&nbsp;&nbsp; AGCO Corp  | 24600 | 2410 |
| &nbsp;&nbsp;&nbsp; Air Lease Corp, Cl A  | 63556 | 3661 |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings Inc  | 25900 | 2681 |
| &nbsp;&nbsp;&nbsp; Apogee Enterprises Inc  | 26800 | 1036 |
| &nbsp;&nbsp;&nbsp; ArcBest Corp  | 14700 | 921 |
| &nbsp;&nbsp;&nbsp; Argan Inc  | 9370 | 1970 |
| &nbsp;&nbsp;&nbsp; Armstrong World Industries Inc  | 9560 | 1488 |
| &nbsp;&nbsp;&nbsp; ATI Inc <sup>\*</sup> | 15430 | 1229 |
| &nbsp;&nbsp;&nbsp; Atkore Inc  | 19600 | 1276 |
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc <sup>\*</sup> | 8372 | 6282 |
| &nbsp;&nbsp;&nbsp; AZEK Co Inc/The, Cl A <sup>\*</sup> | 14140 | 700 |
| &nbsp;&nbsp;&nbsp; AZZ Inc  | 13780 | 1250 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp, Cl A  | 22607 | 2402 |
| &nbsp;&nbsp;&nbsp; BROOKFIELD INFRASTRUCTURE-A, Cl A  | 73700 | 2916 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource Inc <sup>\*</sup> | 9300 | 1001 |
| &nbsp;&nbsp;&nbsp; BWX Technologies Inc  | 22462 | 2821 |
| &nbsp;&nbsp;&nbsp; Cadre Holdings Inc  | 19370 | 635 |
| &nbsp;&nbsp;&nbsp; Carlisle Cos Inc  | 7996 | 3040 |
| &nbsp;&nbsp;&nbsp; Casella Waste Systems Inc, Cl A <sup>\*</sup> | 25825 | 3027 |
| &nbsp;&nbsp;&nbsp; CNH Industrial NV  | 170000 | 2127 |
| &nbsp;&nbsp;&nbsp; Comfort Systems USA Inc  | 2608 | 1247 |
| &nbsp;&nbsp;&nbsp; Concentrix Corp  | 50882 | 2848 |
| &nbsp;&nbsp;&nbsp; Construction Partners Inc, Cl A <sup>\*</sup> | 11420 | 1196 |
| &nbsp;&nbsp;&nbsp; Copart Inc <sup>\*</sup> | 86073 | 4431 |
| &nbsp;&nbsp;&nbsp; Crane Co  | 16785 | 2877 |
| &nbsp;&nbsp;&nbsp; CSG Systems International Inc  | 33140 | 2189 |
| &nbsp;&nbsp;&nbsp; Deluxe Corp  | 43900 | 626 |
| &nbsp;&nbsp;&nbsp; EMCOR Group Inc  | 2650 | 1250 |
| &nbsp;&nbsp;&nbsp; Ennis Inc  | 45100 | 842 |
| &nbsp;&nbsp;&nbsp; ExlService Holdings Inc <sup>\*</sup> | 183535 | 8441 |
| &nbsp;&nbsp;&nbsp; Exponent Inc  | 52805 | 4031 |
| &nbsp;&nbsp;&nbsp; Federal Signal Corp  | 27140 | 2553 |
| &nbsp;&nbsp;&nbsp; Gates Industrial Corp PLC <sup>\*</sup> | 52900 | 1119 |
| &nbsp;&nbsp;&nbsp; GATX Corp  | 8390 | 1336 |
| &nbsp;&nbsp;&nbsp; Genpact Ltd  | 26500 | 1141 |
| &nbsp;&nbsp;&nbsp; GFL Environmental Inc  | 63567 | 3206 |
| &nbsp;&nbsp;&nbsp; Gibraltar Industries Inc <sup>\*</sup> | 19090 | 1118 |
| &nbsp;&nbsp;&nbsp; Great Lakes Dredge & Dock Corp <sup>\*</sup> | 104000 | 1163 |
| &nbsp;&nbsp;&nbsp; Greenbrier Cos Inc/The  | 22900 | 1032 |
| &nbsp;&nbsp;&nbsp; Heidrick & Struggles International Inc  | 30030 | 1311 |
| &nbsp;&nbsp;&nbsp; Hexcel Corp  | 39852 | 2108 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries Inc  | 4700 | 1048 |
| &nbsp;&nbsp;&nbsp; Huron Consulting Group Inc <sup>\*</sup> | 7544 | 1077 |
| &nbsp;&nbsp;&nbsp; IBEX Holdings Ltd <sup>\*</sup> | 44600 | 1284 |
| &nbsp;&nbsp;&nbsp; Innodata Inc <sup>\*</sup> | 10333 | 408 |
| &nbsp;&nbsp;&nbsp; Insteel Industries Inc  | 32630 | 1143 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small/Mid Cap Equity Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Interface Inc, Cl A  | 118300 | $2377 |
| &nbsp;&nbsp;&nbsp; Janus International Group Inc <sup>\*</sup> | 139000 | 1136 |
| &nbsp;&nbsp;&nbsp; Kirby Corp <sup>\*</sup> | 10782 | 1193 |
| &nbsp;&nbsp;&nbsp; Landstar System Inc  | 17493 | 2400 |
| &nbsp;&nbsp;&nbsp; Leonardo DRS Inc  | 27750 | 1174 |
| &nbsp;&nbsp;&nbsp; Lindsay Corp  | 9980 | 1391 |
| &nbsp;&nbsp;&nbsp; ManpowerGroup Inc  | 14300 | 600 |
| &nbsp;&nbsp;&nbsp; MasTec Inc <sup>\*</sup> | 9390 | 1464 |
| &nbsp;&nbsp;&nbsp; Matson Inc  | 12500 | 1411 |
| &nbsp;&nbsp;&nbsp; Mercury Systems Inc <sup>\*</sup> | 30470 | 1501 |
| &nbsp;&nbsp;&nbsp; MillerKnoll Inc  | 67200 | 1134 |
| &nbsp;&nbsp;&nbsp; Mueller Water Products Inc, Cl A  | 114630 | 2812 |
| &nbsp;&nbsp;&nbsp; Newpark Resources Inc <sup>\*</sup> | 142000 | 1149 |
| &nbsp;&nbsp;&nbsp; NEXTracker Inc, Cl A <sup>\*</sup> | 20050 | 1137 |
| &nbsp;&nbsp;&nbsp; Nordson Corp  | 12236 | 2594 |
| &nbsp;&nbsp;&nbsp; nVent Electric PLC  | 50155 | 3300 |
| &nbsp;&nbsp;&nbsp; Oshkosh Corp  | 21400 | 2123 |
| &nbsp;&nbsp;&nbsp; Owens Corning  | 15000 | 2009 |
| &nbsp;&nbsp;&nbsp; Pitney Bowes Inc  | 119620 | 1232 |
| &nbsp;&nbsp;&nbsp; Primoris Services Corp  | 15490 | 1117 |
| &nbsp;&nbsp;&nbsp; Quad/Graphics Inc, Cl A  | 86600 | 505 |
| &nbsp;&nbsp;&nbsp; RBC Bearings Inc <sup>\*</sup> | 22107 | 8088 |
| &nbsp;&nbsp;&nbsp; Rollins Inc  | 79483 | 4550 |
| &nbsp;&nbsp;&nbsp; Ryder System Inc  | 15400 | 2266 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp  | 12670 | 1464 |
| &nbsp;&nbsp;&nbsp; Sensata Technologies Holding PLC  | 86526 | 2255 |
| &nbsp;&nbsp;&nbsp; SkyWest Inc <sup>\*</sup> | 11630 | 1180 |
| &nbsp;&nbsp;&nbsp; Snap-on Inc  | 3700 | 1187 |
| &nbsp;&nbsp;&nbsp; SPX Technologies Inc <sup>\*</sup> | 11609 | 1766 |
| &nbsp;&nbsp;&nbsp; Standex International Corp  | 17804 | 2687 |
| &nbsp;&nbsp;&nbsp; Steelcase Inc, Cl A  | 103020 | 1062 |
| &nbsp;&nbsp;&nbsp; Sterling Infrastructure Inc <sup>\*</sup> | 16375 | 3079 |
| &nbsp;&nbsp;&nbsp; Terex Corp  | 17600 | 792 |
| &nbsp;&nbsp;&nbsp; Tetra Tech Inc  | 73971 | 2584 |
| &nbsp;&nbsp;&nbsp; Textron Inc  | 43500 | 3220 |
| &nbsp;&nbsp;&nbsp; TransUnion  | 27534 | 2358 |
| &nbsp;&nbsp;&nbsp; Trex Co Inc <sup>\*</sup> | 36954 | 2065 |
| &nbsp;&nbsp;&nbsp; UFP Industries Inc  | 20599 | 2010 |
| &nbsp;&nbsp;&nbsp; UniFirst Corp/MA  | 13663 | 2576 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings Inc <sup>\*</sup> | 16200 | 1287 |
| &nbsp;&nbsp;&nbsp; Valmont Industries Inc  | 9331 | 2968 |
| &nbsp;&nbsp;&nbsp; VSE Corp  | 21505 | 2798 |
| &nbsp;&nbsp;&nbsp; Watsco Inc  | 8571 | 3802 |
| &nbsp;&nbsp;&nbsp; WESCO International Inc  | 17286 | 2902 |
| &nbsp;&nbsp;&nbsp; Worthington Enterprises Inc  | 20600 | 1213 |
| &nbsp;&nbsp;&nbsp; Zurn Elkay Water Solutions Corp  | 35350 | 1279 |
|  |  | 199060 |
| **Information Technology — 13.1%** | **Information Technology — 13.1%** |  |
| &nbsp;&nbsp;&nbsp; ACI Worldwide Inc <sup>\*</sup> | 21130 | 977 |
| &nbsp;&nbsp;&nbsp; ACM Research Inc, Cl A <sup>\*</sup> | 52677 | 1188 |
| &nbsp;&nbsp;&nbsp; Adeia Inc  | 66900 | 859 |
| &nbsp;&nbsp;&nbsp; Alkami Technology Inc <sup>\*</sup> | 62070 | 1778 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd  | 18200 | 1670 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Amkor Technology Inc  | 70800 | $1276 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics Inc <sup>\*</sup> | 16000 | 1894 |
| &nbsp;&nbsp;&nbsp; Avnet Inc  | 22000 | 1100 |
| &nbsp;&nbsp;&nbsp; Badger Meter Inc  | 11056 | 2744 |
| &nbsp;&nbsp;&nbsp; Bentley Systems Inc, Cl B  | 55999 | 2673 |
| &nbsp;&nbsp;&nbsp; Calix Inc <sup>\*</sup> | 27200 | 1258 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic Inc <sup>\*</sup> | 24900 | 2449 |
| &nbsp;&nbsp;&nbsp; Clear Secure Inc, Cl A  | 104267 | 2581 |
| &nbsp;&nbsp;&nbsp; Clearwater Analytics Holdings Inc, Cl A <sup>\*</sup> | 40095 | 926 |
| &nbsp;&nbsp;&nbsp; Cognex Corp  | 64400 | 1930 |
| &nbsp;&nbsp;&nbsp; CommVault Systems Inc <sup>\*</sup> | 22074 | 4043 |
| &nbsp;&nbsp;&nbsp; Credo Technology Group Holding Ltd <sup>\*</sup> | 15175 | 925 |
| &nbsp;&nbsp;&nbsp; Descartes Systems Group Inc/The <sup>\*</sup> | 31886 | 3697 |
| &nbsp;&nbsp;&nbsp; Digi International Inc <sup>\*</sup> | 34600 | 1121 |
| &nbsp;&nbsp;&nbsp; Dropbox Inc, Cl A <sup>\*</sup> | 80800 | 2332 |
| &nbsp;&nbsp;&nbsp; EPAM Systems Inc <sup>\*</sup> | 9907 | 1729 |
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp <sup>\*</sup> | 2396 | 4136 |
| &nbsp;&nbsp;&nbsp; Gen Digital Inc  | 107800 | 3070 |
| &nbsp;&nbsp;&nbsp; Grid Dynamics Holdings Inc <sup>\*</sup> | 54785 | 686 |
| &nbsp;&nbsp;&nbsp; HubSpot Inc <sup>\*</sup> | 2087 | 1231 |
| &nbsp;&nbsp;&nbsp; Intapp Inc <sup>\*</sup> | 18690 | 1030 |
| &nbsp;&nbsp;&nbsp; InterDigital Inc  | 5330 | 1158 |
| &nbsp;&nbsp;&nbsp; Itron Inc <sup>\*</sup> | 11670 | 1349 |
| &nbsp;&nbsp;&nbsp; Jabil Inc  | 23300 | 3915 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies Inc <sup>\*</sup> | 24283 | 3813 |
| &nbsp;&nbsp;&nbsp; Kulicke & Soffa Industries Inc  | 57448 | 1847 |
| &nbsp;&nbsp;&nbsp; Littelfuse Inc  | 14328 | 2938 |
| &nbsp;&nbsp;&nbsp; Mirion Technologies Inc, Cl A <sup>\*</sup> | 116590 | 2227 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems Inc  | 5207 | 3447 |
| &nbsp;&nbsp;&nbsp; Nova Ltd <sup>\*</sup> | 4644 | 992 |
| &nbsp;&nbsp;&nbsp; Novanta Inc <sup>\*</sup> | 22037 | 2729 |
| &nbsp;&nbsp;&nbsp; Olo Inc, Cl A <sup>\*</sup> | 128170 | 1116 |
| &nbsp;&nbsp;&nbsp; OneSpan Inc  | 78440 | 1250 |
| &nbsp;&nbsp;&nbsp; Onto Innovation Inc <sup>\*</sup> | 12211 | 1123 |
| &nbsp;&nbsp;&nbsp; OSI Systems Inc <sup>\*</sup> | 14123 | 3095 |
| &nbsp;&nbsp;&nbsp; Pegasystems Inc  | 12020 | 1180 |
| &nbsp;&nbsp;&nbsp; Photronics Inc <sup>\*</sup> | 45900 | 767 |
| &nbsp;&nbsp;&nbsp; Power Integrations Inc  | 51855 | 2579 |
| &nbsp;&nbsp;&nbsp; PROS Holdings Inc <sup>\*</sup> | 46740 | 822 |
| &nbsp;&nbsp;&nbsp; Q2 Holdings Inc <sup>\*</sup> | 27585 | 2414 |
| &nbsp;&nbsp;&nbsp; Sanmina Corp <sup>\*</sup> | 21400 | 1812 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions Inc  | 5500 | 380 |
| &nbsp;&nbsp;&nbsp; SMART Global Holdings Inc <sup>\*</sup> | 63810 | 1133 |
| &nbsp;&nbsp;&nbsp; SPS Commerce Inc <sup>\*</sup> | 6857 | 965 |
| &nbsp;&nbsp;&nbsp; Synaptics Inc <sup>\*</sup> | 17790 | 1045 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp  | 12800 | 1553 |
| &nbsp;&nbsp;&nbsp; TTM Technologies Inc <sup>\*</sup> | 47960 | 1432 |
| &nbsp;&nbsp;&nbsp; Tyler Technologies Inc <sup>\*</sup> | 9011 | 5199 |
| &nbsp;&nbsp;&nbsp; Universal Display Corp  | 18139 | 2600 |
| &nbsp;&nbsp;&nbsp; Varonis Systems Inc, Cl B <sup>\*</sup> | 24370 | 1162 |
| &nbsp;&nbsp;&nbsp; Vertex Inc, Cl A <sup>\*</sup> | 100279 | 3968 |
| &nbsp;&nbsp;&nbsp; Xerox Holdings Corp  | 43900 | 215 |
|  |  | 109528 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Materials — 4.3%** | **Materials — 4.3%** |  |
| &nbsp;&nbsp;&nbsp; Amcor PLC  | 2440 | $22 |
| &nbsp;&nbsp;&nbsp; Balchem Corp  | 29346 | 4892 |
| &nbsp;&nbsp;&nbsp; Cabot Corp  | 44746 | 3342 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp  | 6185 | 1453 |
| &nbsp;&nbsp;&nbsp; Celanese Corp, Cl A  | 9200 | 486 |
| &nbsp;&nbsp;&nbsp; Eastman Chemical Co  | 9800 | 768 |
| &nbsp;&nbsp;&nbsp; Glatfelter Corp <sup>\*</sup> | 7654 | 92 |
| &nbsp;&nbsp;&nbsp; Kaiser Aluminum Corp  | 17700 | 1285 |
| &nbsp;&nbsp;&nbsp; Knife River Corp <sup>\*</sup> | 12290 | 1157 |
| &nbsp;&nbsp;&nbsp; Mosaic Co/The  | 76400 | 2761 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp  | 2546 | 1640 |
| &nbsp;&nbsp;&nbsp; O-I Glass Inc <sup>\*</sup> | 141500 | 1855 |
| &nbsp;&nbsp;&nbsp; Quaker Chemical Corp  | 17420 | 1889 |
| &nbsp;&nbsp;&nbsp; Reliance Inc  | 12214 | 3577 |
| &nbsp;&nbsp;&nbsp; Royal Gold Inc  | 11825 | 2106 |
| &nbsp;&nbsp;&nbsp; Ryerson Holding Corp  | 17000 | 353 |
| &nbsp;&nbsp;&nbsp; Sealed Air Corp  | 30060 | 968 |
| &nbsp;&nbsp;&nbsp; Sensient Technologies Corp  | 20495 | 1937 |
| &nbsp;&nbsp;&nbsp; Silgan Holdings Inc  | 49600 | 2731 |
| &nbsp;&nbsp;&nbsp; Steel Dynamics Inc  | 13000 | 1600 |
| &nbsp;&nbsp;&nbsp; SunCoke Energy Inc  | 113500 | 924 |
|  |  | 35838 |
| **Real Estate — 4.2%** | **Real Estate — 4.2%** |  |
| &nbsp;&nbsp;&nbsp; Alexander & Baldwin Inc <sup>‡</sup> | 65900 | 1180 |
| &nbsp;&nbsp;&nbsp; American Assets Trust Inc <sup>‡</sup> | 36700 | 732 |
| &nbsp;&nbsp;&nbsp; Apple Hospitality REIT Inc <sup>‡</sup> | 105000 | 1217 |
| &nbsp;&nbsp;&nbsp; Brandywine Realty Trust <sup>‡</sup> | 80600 | 341 |
| &nbsp;&nbsp;&nbsp; Brixmor Property Group Inc <sup>‡</sup> | 45100 | 1146 |
| &nbsp;&nbsp;&nbsp; CareTrust REIT Inc <sup>‡</sup> | 42290 | 1216 |
| &nbsp;&nbsp;&nbsp; City Office REIT Inc <sup>‡</sup> | 72700 | 355 |
| &nbsp;&nbsp;&nbsp; COPT Defense Properties <sup>‡</sup> | 38300 | 1051 |
| &nbsp;&nbsp;&nbsp; CoStar Group Inc <sup>\*</sup> | 44695 | 3288 |
| &nbsp;&nbsp;&nbsp; CTO Realty Growth Inc <sup>‡</sup> | 36630 | 675 |
| &nbsp;&nbsp;&nbsp; EPR Properties <sup>‡</sup> | 49190 | 2739 |
| &nbsp;&nbsp;&nbsp; Essential Properties Realty Trust Inc <sup>‡</sup> | 42790 | 1391 |
| &nbsp;&nbsp;&nbsp; FirstService Corp  | 14351 | 2517 |
| &nbsp;&nbsp;&nbsp; Highwoods Properties Inc <sup>‡</sup> | 15700 | 466 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts Inc <sup>‡</sup> | 110000 | 1704 |
| &nbsp;&nbsp;&nbsp; Industrial Logistics Properties Trust <sup>‡</sup> | 35900 | 118 |
| &nbsp;&nbsp;&nbsp; Innovative Industrial Properties Inc, Cl A <sup>‡</sup> | 9200 | 508 |
| &nbsp;&nbsp;&nbsp; InvenTrust Properties Corp <sup>‡</sup> | 40740 | 1144 |
| &nbsp;&nbsp;&nbsp; Kilroy Realty Corp <sup>‡</sup> | 22400 | 721 |
| &nbsp;&nbsp;&nbsp; Kite Realty Group Trust <sup>‡</sup> | 29900 | 661 |
| &nbsp;&nbsp;&nbsp; Newmark Group Inc, Cl A  | 99400 | 1094 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors Inc <sup>‡</sup> | 14700 | 544 |
| &nbsp;&nbsp;&nbsp; Piedmont Office Realty Trust Inc, Cl A <sup>‡</sup> | 55300 | 394 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp <sup>‡</sup> | 15000 | 1082 |
| &nbsp;&nbsp;&nbsp; Ryman Hospitality Properties Inc <sup>‡</sup> | 30018 | 2915 |
| &nbsp;&nbsp;&nbsp; Sabra Health Care REIT Inc <sup>‡</sup> | 123370 | 2157 |
| &nbsp;&nbsp;&nbsp; Service Properties Trust <sup>‡</sup> | 48500 | 113 |
| &nbsp;&nbsp;&nbsp; SL Green Realty Corp <sup>‡</sup> | 19260 | 1093 |
| &nbsp;&nbsp;&nbsp; Terreno Realty Corp <sup>‡</sup> | 47801 | 2697 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Uniti Group Inc <sup>‡</sup> | 71260 | $307 |
|  |  | 35566 |
| **Utilities — 1.6%** | **Utilities — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Chesapeake Utilities Corp  | 22979 | 2808 |
| &nbsp;&nbsp;&nbsp; Clearway Energy Inc, Cl A  | 46570 | 1343 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co  | 15900 | 1312 |
| &nbsp;&nbsp;&nbsp; New Jersey Resources Corp  | 20890 | 959 |
| &nbsp;&nbsp;&nbsp; Northwest Natural Holding Co  | 27750 | 1137 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc  | 18100 | 2822 |
| &nbsp;&nbsp;&nbsp; SJW Group  | 19600 | 1029 |
| &nbsp;&nbsp;&nbsp; UGI Corp  | 49300 | 1778 |
|  |  | 13188 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $695,734) ($ Thousands) |  | 798889 |
| **CASH EQUIVALENT — 4.3%** | **CASH EQUIVALENT — 4.3%** | **CASH EQUIVALENT — 4.3%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 36436372 | 36436 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $36,436) ($ Thousands) |  | 36436 |
| Total Investments in Securities — 99.7% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $732,170) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $732,170) ($ Thousands)  | $835325 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Small/Mid Cap Equity Fund** (Concluded)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Russell 2000 Index E-MINI | 103 | Jun-2025 | $10095 | $10652 | $557 |
| &nbsp;&nbsp; S&P Mid Cap 400 Index E-MINI | 44 | Jun-2025 | 12745 | 13218 | 473 |
|  |  |  | $22840 | $23870 | $1030 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $837,763 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| <sup>‡</sup> | Real Estate Investment Trust. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 798889 |  |  | 798889 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 36436 |  |  | 36436 |
|  Total Investments in Securities | 835325 |  |  | 835325 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 1030 |  |  | 1030 |
| Total Other Financial Instruments | 1030 |  |  | 1030 |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Liquidity Fund, LP  | $1 | $— | $— | $— | $(1) | $— | $— | $— |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | 18646 | 237972 | (220182) |  |  | 36436 | 1042 |  |
| Totals  | $18647 | $237972 | $(220182) | $– | $(1) | $36436 | $1042 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**U.S. Equity Factor Allocation Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> — 97.8%** | **COMMON STOCK<sup>†</sup><sup>†</sup> — 97.8%** | **COMMON STOCK<sup>†</sup><sup>†</sup> — 97.8%** |
| **Communication Services — 9.8%** | **Communication Services — 9.8%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl A  | 265274 | $45558 |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl C  | 83852 | 14494 |
| &nbsp;&nbsp;&nbsp; AT&T Inc  | 1051175 | 29223 |
| &nbsp;&nbsp;&nbsp; Cars.com Inc <sup>\*</sup> | 48515 | 497 |
| &nbsp;&nbsp;&nbsp; Charter Communications Inc, Cl A <sup>\*</sup> | 542 | 215 |
| &nbsp;&nbsp;&nbsp; Cinemark Holdings Inc  | 132121 | 4462 |
| &nbsp;&nbsp;&nbsp; Comcast Corp, Cl A  | 387505 | 13396 |
| &nbsp;&nbsp;&nbsp; Electronic Arts Inc  | 75906 | 10914 |
| &nbsp;&nbsp;&nbsp; Fox Corp  | 334419 | 17533 |
| &nbsp;&nbsp;&nbsp; John Wiley & Sons Inc, Cl A  | 19847 | 776 |
| &nbsp;&nbsp;&nbsp; Liberty Global Ltd, Cl A <sup>\*</sup> | 70719 | 681 |
| &nbsp;&nbsp;&nbsp; Match Group Inc  | 284620 | 8521 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc, Cl A  | 74684 | 48357 |
| &nbsp;&nbsp;&nbsp; Netflix Inc <sup>\*</sup> | 10725 | 12948 |
| &nbsp;&nbsp;&nbsp; New York Times Co/The, Cl A  | 7629 | 436 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group Inc, Cl A  | 26392 | 4498 |
| &nbsp;&nbsp;&nbsp; Omnicom Group Inc  | 142736 | 10482 |
| &nbsp;&nbsp;&nbsp; ROBLOX Corp, Cl A <sup>\*</sup> | 17226 | 1498 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA <sup>\*</sup> | 1301 | 865 |
| &nbsp;&nbsp;&nbsp; TEGNA Inc  | 133290 | 2229 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc  | 7671 | 1858 |
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc  | 374524 | 16464 |
| &nbsp;&nbsp;&nbsp; Yelp Inc, Cl A <sup>\*</sup> | 60462 | 2308 |
| &nbsp;&nbsp;&nbsp; Ziff Davis Inc <sup>\*</sup> | 33694 | 1093 |
|  |  | 249306 |
| **Consumer Discretionary — 12.5%** | **Consumer Discretionary — 12.5%** |  |
| &nbsp;&nbsp;&nbsp; ADT Inc  | 225575 | 1877 |
| &nbsp;&nbsp;&nbsp; Adtalem Global Education Inc <sup>\*</sup> | 39155 | 5170 |
| &nbsp;&nbsp;&nbsp; Airbnb Inc, Cl A <sup>\*</sup> | 51340 | 6623 |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc <sup>\*</sup> | 200662 | 41138 |
| &nbsp;&nbsp;&nbsp; AutoZone Inc <sup>\*</sup> | 3744 | 13977 |
| &nbsp;&nbsp;&nbsp; Booking Holdings Inc  | 4435 | 24476 |
| &nbsp;&nbsp;&nbsp; BorgWarner Inc  | 195911 | 6483 |
| &nbsp;&nbsp;&nbsp; Boyd Gaming Corp  | 21743 | 1630 |
| &nbsp;&nbsp;&nbsp; Brinker International Inc <sup>\*</sup> | 8517 | 1470 |
| &nbsp;&nbsp;&nbsp; Carnival Corp, Cl A <sup>\*</sup> | 155451 | 3610 |
| &nbsp;&nbsp;&nbsp; Carvana Co, Cl A <sup>\*</sup> | 11494 | 3760 |
| &nbsp;&nbsp;&nbsp; Deckers Outdoor Corp <sup>\*</sup> | 49951 | 5271 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza Inc  | 15829 | 7500 |
| &nbsp;&nbsp;&nbsp; DoorDash Inc, Cl A <sup>\*</sup> | 12820 | 2675 |
| &nbsp;&nbsp;&nbsp; Dorman Products Inc <sup>\*</sup> | 4310 | 557 |
| &nbsp;&nbsp;&nbsp; eBay Inc  | 204231 | 14944 |
| &nbsp;&nbsp;&nbsp; Expedia Group Inc  | 60324 | 10059 |
| &nbsp;&nbsp;&nbsp; Ford Motor Co  | 1027861 | 10669 |
| &nbsp;&nbsp;&nbsp; Frontdoor Inc <sup>\*</sup> | 55992 | 3080 |
| &nbsp;&nbsp;&nbsp; Garmin Ltd  | 9341 | 1896 |
| &nbsp;&nbsp;&nbsp; General Motors Co  | 326811 | 16213 |
| &nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co/The <sup>\*</sup> | 254400 | 2903 |
| &nbsp;&nbsp;&nbsp; Graham Holdings Co, Cl B  | 104 | 99 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education Inc <sup>\*</sup> | 17115 | 3386 |
| &nbsp;&nbsp;&nbsp; H&R Block Inc  | 211308 | 12034 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Lennar Corp, Cl B  | 10615 | $1075 |
| &nbsp;&nbsp;&nbsp; Lululemon Athletica Inc <sup>\*</sup> | 23135 | 7326 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp  | 30115 | 9452 |
| &nbsp;&nbsp;&nbsp; NVR Inc <sup>\*</sup> | 149 | 1060 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive Inc <sup>\*</sup> | 8481 | 11598 |
| &nbsp;&nbsp;&nbsp; PulteGroup Inc  | 47819 | 4688 |
| &nbsp;&nbsp;&nbsp; PVH Corp  | 41168 | 3449 |
| &nbsp;&nbsp;&nbsp; QuantumScape Corp, Cl A <sup>\*</sup> | 130373 | 521 |
| &nbsp;&nbsp;&nbsp; Ralph Lauren Corp, Cl A  | 45817 | 12683 |
| &nbsp;&nbsp;&nbsp; Ross Stores Inc  | 10484 | 1469 |
| &nbsp;&nbsp;&nbsp; SharkNinja Inc <sup>\*</sup> | 28618 | 2631 |
| &nbsp;&nbsp;&nbsp; Signet Jewelers Ltd  | 37267 | 2481 |
| &nbsp;&nbsp;&nbsp; Stride Inc <sup>\*</sup> | 18419 | 2788 |
| &nbsp;&nbsp;&nbsp; Tapestry Inc  | 91019 | 7150 |
| &nbsp;&nbsp;&nbsp; Taylor Morrison Home Corp, Cl A <sup>\*</sup> | 130953 | 7370 |
| &nbsp;&nbsp;&nbsp; Tesla Inc <sup>\*</sup> | 1229 | 426 |
| &nbsp;&nbsp;&nbsp; TJX Cos Inc/The  | 124787 | 15835 |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co  | 41980 | 2039 |
| &nbsp;&nbsp;&nbsp; Tri Pointe Homes Inc <sup>\*</sup> | 82314 | 2427 |
| &nbsp;&nbsp;&nbsp; Urban Outfitters Inc <sup>\*</sup> | 57369 | 4010 |
| &nbsp;&nbsp;&nbsp; Williams-Sonoma Inc  | 28638 | 4632 |
| &nbsp;&nbsp;&nbsp; Wingstop Inc  | 338 | 115 |
| &nbsp;&nbsp;&nbsp; Wyndham Hotels & Resorts Inc  | 11650 | 964 |
| &nbsp;&nbsp;&nbsp; Yum! Brands Inc  | 68684 | 9886 |
|  |  | 317575 |
| **Consumer Staples — 7.7%** | **Consumer Staples — 7.7%** |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos Inc, Cl A  | 401146 | 8917 |
| &nbsp;&nbsp;&nbsp; Altria Group Inc  | 403901 | 24480 |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co  | 9132 | 441 |
| &nbsp;&nbsp;&nbsp; Bunge Global SA  | 80526 | 6293 |
| &nbsp;&nbsp;&nbsp; Cal-Maine Foods Inc  | 40357 | 3871 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores Inc  | 2086 | 913 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co Inc  | 4454 | 438 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co/The  | 124723 | 8993 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co  | 96465 | 8965 |
| &nbsp;&nbsp;&nbsp; Conagra Brands Inc  | 5379 | 123 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp  | 2503 | 2604 |
| &nbsp;&nbsp;&nbsp; General Mills Inc  | 6410 | 348 |
| &nbsp;&nbsp;&nbsp; Ingles Markets Inc, Cl A  | 3077 | 192 |
| &nbsp;&nbsp;&nbsp; Ingredion Inc  | 60910 | 8474 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper Inc  | 1471 | 50 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp  | 51345 | 7381 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co/The  | 46515 | 1243 |
| &nbsp;&nbsp;&nbsp; Kroger Co/The  | 248916 | 16984 |
| &nbsp;&nbsp;&nbsp; Lancaster Colony Corp  | 1172 | 196 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co, Cl B  | 51635 | 2767 |
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp <sup>\*</sup> | 128224 | 8200 |
| &nbsp;&nbsp;&nbsp; PepsiCo Inc  | 30252 | 3977 |
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc  | 150275 | 27138 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp  | 29641 | 1457 |
| &nbsp;&nbsp;&nbsp; Post Holdings Inc <sup>\*</sup> | 24347 | 2693 |
| &nbsp;&nbsp;&nbsp; Primo Brands Corp  | 107501 | 3555 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co/The  | 69128 | 11744 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**U.S. Equity Factor Allocation Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market Inc <sup>\*</sup> | 42529 | $7352 |
| &nbsp;&nbsp;&nbsp; Sysco Corp  | 24009 | 1753 |
| &nbsp;&nbsp;&nbsp; Tyson Foods Inc, Cl A  | 39500 | 2218 |
| &nbsp;&nbsp;&nbsp; United Natural Foods Inc <sup>\*</sup> | 24363 | 745 |
| &nbsp;&nbsp;&nbsp; US Foods Holding Corp <sup>\*</sup> | 123320 | 9757 |
| &nbsp;&nbsp;&nbsp; Walmart Inc  | 101431 | 10013 |
|  |  | 194275 |
| **Energy — 1.4%** | **Energy — 1.4%** |  |
| &nbsp;&nbsp;&nbsp; APA Corp  | 325525 | 5537 |
| &nbsp;&nbsp;&nbsp; Archrock Inc  | 19931 | 496 |
| &nbsp;&nbsp;&nbsp; Chevron Corp  | 26783 | 3661 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp  | 675 | 69 |
| &nbsp;&nbsp;&nbsp; International Seaways Inc  | 28815 | 1068 |
| &nbsp;&nbsp;&nbsp; Murphy Oil Corp  | 102221 | 2140 |
| &nbsp;&nbsp;&nbsp; Ovintiv Inc  | 177099 | 6344 |
| &nbsp;&nbsp;&nbsp; Scorpio Tankers Inc  | 26575 | 1056 |
| &nbsp;&nbsp;&nbsp; TechnipFMC PLC  | 131719 | 4103 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp  | 38140 | 4919 |
| &nbsp;&nbsp;&nbsp; Williams Cos Inc/The  | 93242 | 5642 |
|  |  | 35035 |
| **Financials — 13.3%** | **Financials — 13.3%** |  |
| &nbsp;&nbsp;&nbsp; Affiliated Managers Group Inc  | 21996 | 3871 |
| &nbsp;&nbsp;&nbsp; Affirm Holdings Inc, Cl A <sup>\*</sup> | 12776 | 663 |
| &nbsp;&nbsp;&nbsp; Aflac Inc  | 23434 | 2426 |
| &nbsp;&nbsp;&nbsp; Allstate Corp/The  | 14500 | 3043 |
| &nbsp;&nbsp;&nbsp; Ally Financial Inc  | 248341 | 8692 |
| &nbsp;&nbsp;&nbsp; American Express Co  | 6106 | 1796 |
| &nbsp;&nbsp;&nbsp; American Financial Group Inc/OH  | 3655 | 453 |
| &nbsp;&nbsp;&nbsp; American International Group Inc  | 76849 | 6505 |
| &nbsp;&nbsp;&nbsp; Arbor Realty Trust Inc <sup>‡</sup> | 142138 | 1362 |
| &nbsp;&nbsp;&nbsp; Arch Capital Group Ltd  | 9727 | 924 |
| &nbsp;&nbsp;&nbsp; Axis Capital Holdings Ltd  | 45919 | 4766 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp/The  | 169317 | 15003 |
| &nbsp;&nbsp;&nbsp; Bank of NT Butterfield & Son Ltd/The  | 28668 | 1209 |
| &nbsp;&nbsp;&nbsp; Bank OZK  | 76375 | 3386 |
| &nbsp;&nbsp;&nbsp; BankUnited Inc  | 60089 | 2042 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Inc, Cl B <sup>\*</sup> | 1469 | 740 |
| &nbsp;&nbsp;&nbsp; Bread Financial Holdings Inc  | 44396 | 2275 |
| &nbsp;&nbsp;&nbsp; Brighthouse Financial Inc <sup>\*</sup> | 62910 | 3763 |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc  | 43378 | 4897 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp  | 43995 | 8322 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc  | 270127 | 20346 |
| &nbsp;&nbsp;&nbsp; Citizens Financial Group Inc  | 253016 | 10209 |
| &nbsp;&nbsp;&nbsp; CME Group Inc, Cl A  | 33778 | 9762 |
| &nbsp;&nbsp;&nbsp; CNO Financial Group Inc  | 48606 | 1845 |
| &nbsp;&nbsp;&nbsp; Community Financial System Inc  | 2725 | 153 |
| &nbsp;&nbsp;&nbsp; Corebridge Financial Inc  | 222175 | 7245 |
| &nbsp;&nbsp;&nbsp; Corpay Inc <sup>\*</sup> | 13220 | 4298 |
| &nbsp;&nbsp;&nbsp; Donnelley Financial Solutions Inc <sup>\*</sup> | 2884 | 157 |
| &nbsp;&nbsp;&nbsp; Enova International Inc <sup>\*</sup> | 12236 | 1134 |
| &nbsp;&nbsp;&nbsp; Equitable Holdings Inc  | 51500 | 2723 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd  | 23384 | 8119 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems Inc  | 13700 | $6278 |
| &nbsp;&nbsp;&nbsp; Fiserv Inc <sup>\*</sup> | 27959 | 4551 |
| &nbsp;&nbsp;&nbsp; Genworth Financial Inc, Cl A <sup>\*</sup> | 45121 | 318 |
| &nbsp;&nbsp;&nbsp; Global Payments Inc  | 15200 | 1149 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc/The  | 7188 | 4316 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates Inc  | 4362 | 790 |
| &nbsp;&nbsp;&nbsp; Jackson Financial Inc, Cl A  | 55688 | 4561 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Group PLC  | 2964 | 108 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co  | 11606 | 3064 |
| &nbsp;&nbsp;&nbsp; LPL Financial Holdings Inc  | 1800 | 697 |
| &nbsp;&nbsp;&nbsp; Mastercard Inc, Cl A  | 31673 | 18548 |
| &nbsp;&nbsp;&nbsp; MFA Financial Inc <sup>‡</sup> | 76815 | 714 |
| &nbsp;&nbsp;&nbsp; Moody's Corp  | 15335 | 7350 |
| &nbsp;&nbsp;&nbsp; MSCI Inc, Cl A  | 881 | 497 |
| &nbsp;&nbsp;&nbsp; Nasdaq Inc  | 68876 | 5754 |
| &nbsp;&nbsp;&nbsp; Navient Corp  | 62661 | 842 |
| &nbsp;&nbsp;&nbsp; NBT Bancorp Inc  | 2258 | 95 |
| &nbsp;&nbsp;&nbsp; Nelnet Inc, Cl A  | 425 | 49 |
| &nbsp;&nbsp;&nbsp; OFG Bancorp  | 40077 | 1649 |
| &nbsp;&nbsp;&nbsp; Old National Bancorp/IN  | 150205 | 3133 |
| &nbsp;&nbsp;&nbsp; OneMain Holdings Inc, Cl A  | 101529 | 5263 |
| &nbsp;&nbsp;&nbsp; Pagseguro Digital Ltd, Cl A  | 118600 | 1057 |
| &nbsp;&nbsp;&nbsp; Palomar Holdings Inc, Cl A <sup>\*</sup> | 10483 | 1798 |
| &nbsp;&nbsp;&nbsp; Pathward Financial Inc  | 11904 | 929 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The  | 19106 | 3321 |
| &nbsp;&nbsp;&nbsp; Popular Inc  | 56629 | 5863 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America Inc, Cl A  | 36778 | 7477 |
| &nbsp;&nbsp;&nbsp; RenaissanceRe Holdings Ltd  | 32541 | 8116 |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp <sup>‡</sup> | 381554 | 4254 |
| &nbsp;&nbsp;&nbsp; Robinhood Markets Inc, Cl A <sup>\*</sup> | 29164 | 1929 |
| &nbsp;&nbsp;&nbsp; SiriusPoint Ltd <sup>\*</sup> | 55289 | 1083 |
| &nbsp;&nbsp;&nbsp; SLM Corp  | 144326 | 4672 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust Inc <sup>‡</sup> | 3977 | 79 |
| &nbsp;&nbsp;&nbsp; Synchrony Financial  | 282981 | 16314 |
| &nbsp;&nbsp;&nbsp; Synovus Financial Corp  | 126572 | 6054 |
| &nbsp;&nbsp;&nbsp; T Rowe Price Group Inc  | 5869 | 549 |
| &nbsp;&nbsp;&nbsp; Toast Inc, Cl A <sup>\*</sup> | 20695 | 873 |
| &nbsp;&nbsp;&nbsp; Tradeweb Markets Inc, Cl A  | 7437 | 1074 |
| &nbsp;&nbsp;&nbsp; Travelers Cos Inc/The  | 3955 | 1090 |
| &nbsp;&nbsp;&nbsp; UMB Financial Corp  | 21126 | 2179 |
| &nbsp;&nbsp;&nbsp; Unum Group  | 116035 | 9481 |
| &nbsp;&nbsp;&nbsp; Upstart Holdings Inc <sup>\*</sup> | 46692 | 2203 |
| &nbsp;&nbsp;&nbsp; Victory Capital Holdings Inc, Cl A  | 8522 | 528 |
| &nbsp;&nbsp;&nbsp; Visa Inc, Cl A  | 83031 | 30322 |
| &nbsp;&nbsp;&nbsp; W R Berkley Corp  | 8513 | 636 |
| &nbsp;&nbsp;&nbsp; WaFd Inc  | 72182 | 2051 |
| &nbsp;&nbsp;&nbsp; Webster Financial Corp  | 62291 | 3207 |
| &nbsp;&nbsp;&nbsp; Western Union Co/The  | 292637 | 2716 |
| &nbsp;&nbsp;&nbsp; Zions Bancorp NA  | 117399 | 5560 |
|  |  | 337270 |
| **Health Care — 10.9%** | **Health Care — 10.9%** |  |
| &nbsp;&nbsp;&nbsp; AbbVie Inc  | 47994 | 8932 |
| &nbsp;&nbsp;&nbsp; Alignment Healthcare Inc <sup>\*</sup> | 51286 | 788 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp <sup>\*</sup> | 97410 | $10253 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co  | 56800 | 2742 |
| &nbsp;&nbsp;&nbsp; Cardinal Health Inc  | 117472 | 18142 |
| &nbsp;&nbsp;&nbsp; Cencora Inc  | 88796 | 25861 |
| &nbsp;&nbsp;&nbsp; Centene Corp <sup>\*</sup> | 983 | 55 |
| &nbsp;&nbsp;&nbsp; Cigna Group/The  | 8581 | 2717 |
| &nbsp;&nbsp;&nbsp; Corcept Therapeutics Inc <sup>\*</sup> | 32399 | 2513 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp  | 96328 | 6169 |
| &nbsp;&nbsp;&nbsp; DaVita Inc <sup>\*</sup> | 42692 | 5817 |
| &nbsp;&nbsp;&nbsp; Doximity Inc, Cl A <sup>\*</sup> | 6898 | 359 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co  | 14673 | 10824 |
| &nbsp;&nbsp;&nbsp; Ensign Group Inc/The  | 24168 | 3559 |
| &nbsp;&nbsp;&nbsp; Exelixis Inc <sup>\*</sup> | 221185 | 9520 |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies Inc  | 81943 | 5780 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences Inc  | 213587 | 23512 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics Inc <sup>\*</sup> | 51504 | 2888 |
| &nbsp;&nbsp;&nbsp; Harrow Inc <sup>\*</sup> | 9878 | 278 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc  | 9843 | 3754 |
| &nbsp;&nbsp;&nbsp; Henry Schein Inc <sup>\*</sup> | 3195 | 224 |
| &nbsp;&nbsp;&nbsp; Hologic Inc <sup>\*</sup> | 6979 | 434 |
| &nbsp;&nbsp;&nbsp; ICU Medical Inc <sup>\*</sup> | 5713 | 770 |
| &nbsp;&nbsp;&nbsp; IDEXX Laboratories Inc <sup>\*</sup> | 914 | 469 |
| &nbsp;&nbsp;&nbsp; Insulet Corp <sup>\*</sup> | 1976 | 642 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical Inc <sup>\*</sup> | 6022 | 3326 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals PLC <sup>\*</sup> | 21069 | 2277 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  | 136621 | 21205 |
| &nbsp;&nbsp;&nbsp; Labcorp Holdings Inc  | 495 | 123 |
| &nbsp;&nbsp;&nbsp; McKesson Corp  | 20709 | 14900 |
| &nbsp;&nbsp;&nbsp; Medtronic PLC  | 66482 | 5517 |
| &nbsp;&nbsp;&nbsp; Merck & Co Inc  | 53464 | 4108 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International Inc <sup>\*</sup> | 5330 | 6159 |
| &nbsp;&nbsp;&nbsp; Option Care Health Inc <sup>\*</sup> | 15660 | 512 |
| &nbsp;&nbsp;&nbsp; Penumbra Inc <sup>\*</sup> | 3458 | 923 |
| &nbsp;&nbsp;&nbsp; Pfizer Inc  | 373549 | 8775 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics Inc  | 25466 | 4414 |
| &nbsp;&nbsp;&nbsp; ResMed Inc  | 18010 | 4409 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma PLC, Cl A  | 39664 | 1304 |
| &nbsp;&nbsp;&nbsp; Soleno Therapeutics Inc <sup>\*</sup> | 12185 | 894 |
| &nbsp;&nbsp;&nbsp; Solventum Corp <sup>\*</sup> | 25622 | 1873 |
| &nbsp;&nbsp;&nbsp; Stryker Corp  | 6433 | 2462 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp <sup>\*</sup> | 75508 | 12744 |
| &nbsp;&nbsp;&nbsp; Travere Therapeutics Inc <sup>\*</sup> | 49078 | 737 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp <sup>\*</sup> | 26539 | 8462 |
| &nbsp;&nbsp;&nbsp; Universal Health Services Inc, Cl B  | 39560 | 7530 |
| &nbsp;&nbsp;&nbsp; Veeva Systems Inc, Cl A <sup>\*</sup> | 8722 | 2440 |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals Inc <sup>\*</sup> | 6219 | 2749 |
| &nbsp;&nbsp;&nbsp; Viatris Inc  | 454213 | 3993 |
| &nbsp;&nbsp;&nbsp; Zoetis Inc, Cl A  | 41380 | 6978 |
|  |  | 275816 |
| **Industrials — 10.2%** | **Industrials — 10.2%** |  |
| &nbsp;&nbsp;&nbsp; A O Smith Corp  | 3141 | 202 |
| &nbsp;&nbsp;&nbsp; ACCO Brands Corp  | 63934 | 230 |
| &nbsp;&nbsp;&nbsp; Acuity Brands Inc  | 17338 | 4506 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; AGCO Corp  | 9543 | $935 |
| &nbsp;&nbsp;&nbsp; Alaska Air Group Inc <sup>\*</sup> | 1169 | 60 |
| &nbsp;&nbsp;&nbsp; Allegion plc  | 4650 | 664 |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings Inc  | 58421 | 6048 |
| &nbsp;&nbsp;&nbsp; American Airlines Group Inc <sup>\*</sup> | 588832 | 6719 |
| &nbsp;&nbsp;&nbsp; Argan Inc  | 1887 | 397 |
| &nbsp;&nbsp;&nbsp; Armstrong World Industries Inc  | 4738 | 737 |
| &nbsp;&nbsp;&nbsp; Atmus Filtration Technologies Inc  | 24680 | 889 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc  | 2519 | 820 |
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc <sup>\*</sup> | 35 | 26 |
| &nbsp;&nbsp;&nbsp; Brink's Co/The  | 32052 | 2630 |
| &nbsp;&nbsp;&nbsp; CACI International Inc, Cl A <sup>\*</sup> | 5200 | 2226 |
| &nbsp;&nbsp;&nbsp; Carlisle Cos Inc  | 12353 | 4696 |
| &nbsp;&nbsp;&nbsp; Carrier Global Corp  | 19217 | 1368 |
| &nbsp;&nbsp;&nbsp; CH Robinson Worldwide Inc  | 23462 | 2252 |
| &nbsp;&nbsp;&nbsp; Cintas Corp  | 13210 | 2992 |
| &nbsp;&nbsp;&nbsp; Concentrix Corp  | 59570 | 3334 |
| &nbsp;&nbsp;&nbsp; Copart Inc <sup>\*</sup> | 22200 | 1143 |
| &nbsp;&nbsp;&nbsp; CoreCivic Inc <sup>\*</sup><sup>‡</sup> | 63574 | 1396 |
| &nbsp;&nbsp;&nbsp; Costamare Inc  | 33919 | 291 |
| &nbsp;&nbsp;&nbsp; CSX Corp  | 48283 | 1525 |
| &nbsp;&nbsp;&nbsp; Cummins Inc  | 15602 | 5016 |
| &nbsp;&nbsp;&nbsp; Curtiss-Wright Corp  | 9294 | 4090 |
| &nbsp;&nbsp;&nbsp; Deere & Co  | 5509 | 2789 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines Inc  | 204379 | 9890 |
| &nbsp;&nbsp;&nbsp; Deluxe Corp  | 31932 | 456 |
| &nbsp;&nbsp;&nbsp; Donaldson Co Inc  | 5849 | 407 |
| &nbsp;&nbsp;&nbsp; Dover Corp  | 12805 | 2276 |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington Inc  | 8084 | 911 |
| &nbsp;&nbsp;&nbsp; Fastenal Co  | 156996 | 6490 |
| &nbsp;&nbsp;&nbsp; Fluor Corp <sup>\*</sup> | 152452 | 6339 |
| &nbsp;&nbsp;&nbsp; FTI Consulting Inc <sup>\*</sup> | 443 | 73 |
| &nbsp;&nbsp;&nbsp; GE Vernova Inc  | 3982 | 1883 |
| &nbsp;&nbsp;&nbsp; Genpact Ltd  | 29155 | 1255 |
| &nbsp;&nbsp;&nbsp; Graco Inc  | 84826 | 7181 |
| &nbsp;&nbsp;&nbsp; Honeywell International Inc  | 8296 | 1880 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace Inc  | 13566 | 2305 |
| &nbsp;&nbsp;&nbsp; Illinois Tool Works Inc  | 34653 | 8493 |
| &nbsp;&nbsp;&nbsp; Landstar System Inc  | 1462 | 201 |
| &nbsp;&nbsp;&nbsp; Leidos Holdings Inc  | 68402 | 10159 |
| &nbsp;&nbsp;&nbsp; Lennox International Inc  | 10100 | 5701 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp  | 4848 | 2339 |
| &nbsp;&nbsp;&nbsp; Masco Corp  | 26451 | 1651 |
| &nbsp;&nbsp;&nbsp; Maximus Inc  | 43829 | 3178 |
| &nbsp;&nbsp;&nbsp; MSA Safety Inc  | 1490 | 243 |
| &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co Inc, Cl A  | 8643 | 702 |
| &nbsp;&nbsp;&nbsp; Otis Worldwide Corp  | 105029 | 10014 |
| &nbsp;&nbsp;&nbsp; Parker-Hannifin Corp  | 1270 | 844 |
| &nbsp;&nbsp;&nbsp; Paychex Inc  | 95415 | 15067 |
| &nbsp;&nbsp;&nbsp; Paycom Software Inc  | 10168 | 2634 |
| &nbsp;&nbsp;&nbsp; Primoris Services Corp  | 13475 | 972 |
| &nbsp;&nbsp;&nbsp; Republic Services Inc, Cl A  | 14157 | 3642 |
| &nbsp;&nbsp;&nbsp; Resideo Technologies Inc <sup>\*</sup> | 637 | 13 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**U.S. Equity Factor Allocation Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; REV Group Inc  | 22712 | $851 |
| &nbsp;&nbsp;&nbsp; Robert Half Inc  | 56557 | 2590 |
| &nbsp;&nbsp;&nbsp; Rollins Inc  | 9277 | 531 |
| &nbsp;&nbsp;&nbsp; Ryder System Inc  | 36980 | 5441 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp  | 39734 | 4591 |
| &nbsp;&nbsp;&nbsp; SkyWest Inc <sup>\*</sup> | 35373 | 3589 |
| &nbsp;&nbsp;&nbsp; Snap-on Inc  | 25809 | 8278 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings Inc  | 12226 | 988 |
| &nbsp;&nbsp;&nbsp; Tecnoglass Inc  | 13106 | 1122 |
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC  | 40912 | 17603 |
| &nbsp;&nbsp;&nbsp; Uber Technologies Inc <sup>\*</sup> | 28743 | 2419 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings Inc <sup>\*</sup> | 134947 | 10721 |
| &nbsp;&nbsp;&nbsp; Veralto Corp  | 52500 | 5304 |
| &nbsp;&nbsp;&nbsp; Verisk Analytics Inc, Cl A  | 25575 | 8034 |
| &nbsp;&nbsp;&nbsp; Waste Management Inc  | 3698 | 891 |
| &nbsp;&nbsp;&nbsp; Watts Water Technologies Inc, Cl A  | 5801 | 1405 |
| &nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies Corp  | 31215 | 6315 |
| &nbsp;&nbsp;&nbsp; Worthington Enterprises Inc  | 14988 | 883 |
| &nbsp;&nbsp;&nbsp; WW Grainger Inc  | 10313 | 11216 |
|  |  | 257952 |
| **Information Technology — 27.9%** | **Information Technology — 27.9%** |  |
| &nbsp;&nbsp;&nbsp; Accenture PLC, Cl A  | 2864 | 907 |
| &nbsp;&nbsp;&nbsp; ACI Worldwide Inc <sup>\*</sup> | 9258 | 428 |
| &nbsp;&nbsp;&nbsp; Adobe Inc <sup>\*</sup> | 18803 | 7805 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd  | 70449 | 6464 |
| &nbsp;&nbsp;&nbsp; Amkor Technology Inc  | 68518 | 1235 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp, Cl A  | 106652 | 9591 |
| &nbsp;&nbsp;&nbsp; Analog Devices Inc  | 6705 | 1435 |
| &nbsp;&nbsp;&nbsp; Apple Inc  | 488187 | 98052 |
| &nbsp;&nbsp;&nbsp; AppLovin Corp, Cl A <sup>\*</sup> | 12329 | 4845 |
| &nbsp;&nbsp;&nbsp; Arista Networks Inc <sup>\*</sup> | 28021 | 2428 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics Inc <sup>\*</sup> | 43464 | 5145 |
| &nbsp;&nbsp;&nbsp; Atlassian Corp, Cl A <sup>\*</sup> | 7625 | 1583 |
| &nbsp;&nbsp;&nbsp; Autodesk Inc <sup>\*</sup> | 27963 | 8280 |
| &nbsp;&nbsp;&nbsp; Avnet Inc  | 80297 | 4016 |
| &nbsp;&nbsp;&nbsp; Belden Inc  | 17615 | 1871 |
| &nbsp;&nbsp;&nbsp; Broadcom Inc  | 70467 | 17058 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems Inc <sup>\*</sup> | 3077 | 883 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic Inc <sup>\*</sup> | 63532 | 6249 |
| &nbsp;&nbsp;&nbsp; Cisco Systems Inc  | 562618 | 35467 |
| &nbsp;&nbsp;&nbsp; Clearwater Analytics Holdings Inc, Cl A <sup>\*</sup> | 20833 | 481 |
| &nbsp;&nbsp;&nbsp; Cloudflare Inc, Cl A <sup>\*</sup> | 2654 | 440 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp, Cl A  | 149409 | 12101 |
| &nbsp;&nbsp;&nbsp; CommVault Systems Inc <sup>\*</sup> | 10283 | 1883 |
| &nbsp;&nbsp;&nbsp; Consensus Cloud Solutions Inc <sup>\*</sup> | 11449 | 252 |
| &nbsp;&nbsp;&nbsp; Crane NXT Co  | 28095 | 1506 |
| &nbsp;&nbsp;&nbsp; Dell Technologies Inc, Cl C  | 99143 | 11032 |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories Inc, Cl A  | 9372 | 696 |
| &nbsp;&nbsp;&nbsp; Dropbox Inc, Cl A <sup>\*</sup> | 334046 | 9641 |
| &nbsp;&nbsp;&nbsp; DXC Technology Co <sup>\*</sup> | 137012 | 2083 |
| &nbsp;&nbsp;&nbsp; F5 Inc <sup>\*</sup> | 60034 | 17133 |
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp <sup>\*</sup> | 544 | 939 |
| &nbsp;&nbsp;&nbsp; Fortinet Inc <sup>\*</sup> | 73153 | 7446 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; Gartner Inc <sup>\*</sup> | 19841 | $8659 |
| &nbsp;&nbsp;&nbsp; Gen Digital Inc  | 412404 | 11745 |
| &nbsp;&nbsp;&nbsp; GoDaddy Inc, Cl A <sup>\*</sup> | 36531 | 6654 |
| &nbsp;&nbsp;&nbsp; Guidewire Software Inc <sup>\*</sup> | 28447 | 6117 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co  | 594726 | 10277 |
| &nbsp;&nbsp;&nbsp; HP Inc  | 377392 | 9397 |
| &nbsp;&nbsp;&nbsp; HubSpot Inc <sup>\*</sup> | 473 | 279 |
| &nbsp;&nbsp;&nbsp; Intel Corp  | 112942 | 2208 |
| &nbsp;&nbsp;&nbsp; InterDigital Inc  | 28281 | 6144 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp  | 86135 | 22314 |
| &nbsp;&nbsp;&nbsp; Intuit Inc  | 3026 | 2280 |
| &nbsp;&nbsp;&nbsp; Jabil Inc  | 72922 | 12252 |
| &nbsp;&nbsp;&nbsp; KLA Corp  | 3554 | 2690 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp  | 11760 | 950 |
| &nbsp;&nbsp;&nbsp; Manhattan Associates Inc <sup>\*</sup> | 682 | 129 |
| &nbsp;&nbsp;&nbsp; Marvell Technology Inc  | 4675 | 281 |
| &nbsp;&nbsp;&nbsp; Micron Technology Inc  | 36645 | 3462 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp  | 268036 | 123393 |
| &nbsp;&nbsp;&nbsp; MKS Instruments Inc  | 29068 | 2389 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc  | 36969 | 15356 |
| &nbsp;&nbsp;&nbsp; NetApp Inc  | 172663 | 17121 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp  | 680479 | 91953 |
| &nbsp;&nbsp;&nbsp; Okta Inc, Cl A <sup>\*</sup> | 12449 | 1284 |
| &nbsp;&nbsp;&nbsp; Oracle Corp  | 11612 | 1922 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies Inc, Cl A <sup>\*</sup> | 33606 | 4429 |
| &nbsp;&nbsp;&nbsp; Pegasystems Inc  | 10214 | 1003 |
| &nbsp;&nbsp;&nbsp; Progress Software Corp  | 36043 | 2219 |
| &nbsp;&nbsp;&nbsp; Qorvo Inc <sup>\*</sup> | 29405 | 2235 |
| &nbsp;&nbsp;&nbsp; QUALCOMM Inc  | 73905 | 10731 |
| &nbsp;&nbsp;&nbsp; RingCentral Inc, Cl A <sup>\*</sup> | 47861 | 1241 |
| &nbsp;&nbsp;&nbsp; Roper Technologies Inc  | 6183 | 3526 |
| &nbsp;&nbsp;&nbsp; Salesforce Inc  | 6600 | 1752 |
| &nbsp;&nbsp;&nbsp; Sanmina Corp <sup>\*</sup> | 44777 | 3792 |
| &nbsp;&nbsp;&nbsp; SiTime Corp <sup>\*</sup> | 4922 | 965 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions Inc  | 104235 | 7195 |
| &nbsp;&nbsp;&nbsp; Teledyne Technologies Inc <sup>\*</sup> | 1064 | 531 |
| &nbsp;&nbsp;&nbsp; Teradata Corp <sup>\*</sup> | 59337 | 1303 |
| &nbsp;&nbsp;&nbsp; Trimble Inc <sup>\*</sup> | 12773 | 910 |
| &nbsp;&nbsp;&nbsp; TTM Technologies Inc <sup>\*</sup> | 70192 | 2096 |
| &nbsp;&nbsp;&nbsp; Twilio Inc, Cl A <sup>\*</sup> | 29349 | 3454 |
| &nbsp;&nbsp;&nbsp; Ubiquiti Inc  | 38 | 15 |
| &nbsp;&nbsp;&nbsp; VeriSign Inc  | 63158 | 17209 |
| &nbsp;&nbsp;&nbsp; Vishay Intertechnology Inc  | 79000 | 1112 |
| &nbsp;&nbsp;&nbsp; Vontier Corp  | 84367 | 3016 |
| &nbsp;&nbsp;&nbsp; Xerox Holdings Corp  | 70180 | 343 |
| &nbsp;&nbsp;&nbsp; Zoom Video Communications Inc, Cl A <sup>\*</sup> | 13244 | 1076 |
|  |  | 708784 |
| **Materials — 1.8%** | **Materials — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; Alpha Metallurgical Resources Inc <sup>\*</sup> | 6573 | 736 |
| &nbsp;&nbsp;&nbsp; Amcor PLC  | 474955 | 4327 |
| &nbsp;&nbsp;&nbsp; AptarGroup Inc  | 3433 | 544 |
| &nbsp;&nbsp;&nbsp; Avery Dennison Corp  | 4549 | 809 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp  | 4860 | 1142 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings Inc  | 49035 | $4448 |
| &nbsp;&nbsp;&nbsp; Crown Holdings Inc  | 104342 | 10278 |
| &nbsp;&nbsp;&nbsp; DuPont de Nemours Inc  | 19111 | 1277 |
| &nbsp;&nbsp;&nbsp; International Paper Co  | 73444 | 3511 |
| &nbsp;&nbsp;&nbsp; Newmont Corp  | 206082 | 10865 |
| &nbsp;&nbsp;&nbsp; Nucor Corp  | 4900 | 536 |
| &nbsp;&nbsp;&nbsp; O-I Glass Inc <sup>\*</sup> | 138307 | 1813 |
| &nbsp;&nbsp;&nbsp; Packaging Corp of America  | 5276 | 1019 |
| &nbsp;&nbsp;&nbsp; Reliance Inc  | 1639 | 480 |
| &nbsp;&nbsp;&nbsp; Sensient Technologies Corp  | 11057 | 1045 |
| &nbsp;&nbsp;&nbsp; Silgan Holdings Inc  | 2262 | 125 |
| &nbsp;&nbsp;&nbsp; Sonoco Products Co  | 36550 | 1664 |
| &nbsp;&nbsp;&nbsp; SSR Mining Inc <sup>\*</sup> | 88288 | 1044 |
|  |  | 45663 |
| **Real Estate — 0.6%** | **Real Estate — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Acadia Realty Trust <sup>‡</sup> | 2875 | 55 |
| &nbsp;&nbsp;&nbsp; American Healthcare REIT Inc <sup>‡</sup> | 29653 | 1036 |
| &nbsp;&nbsp;&nbsp; American Tower Corp, Cl A <sup>‡</sup> | 4550 | 977 |
| &nbsp;&nbsp;&nbsp; CBRE Group Inc, Cl A <sup>\*</sup> | 22911 | 2864 |
| &nbsp;&nbsp;&nbsp; EPR Properties <sup>‡</sup> | 34375 | 1914 |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust Inc <sup>‡</sup> | 43389 | 2145 |
| &nbsp;&nbsp;&nbsp; Vornado Realty Trust <sup>‡</sup> | 101298 | 3816 |
| &nbsp;&nbsp;&nbsp; Welltower Inc <sup>‡</sup> | 13664 | 2108 |
|  |  | 14915 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** | **COMMON STOCK<sup>†</sup><sup>†</sup> (continued)** |
| **Utilities — 1.7%** | **Utilities — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; Atmos Energy Corp  | 14114 | $2183 |
| &nbsp;&nbsp;&nbsp; Dominion Energy Inc  | 44800 | 2539 |
| &nbsp;&nbsp;&nbsp; Edison International  | 22221 | 1236 |
| &nbsp;&nbsp;&nbsp; Entergy Corp  | 70702 | 5888 |
| &nbsp;&nbsp;&nbsp; Exelon Corp  | 53994 | 2366 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp  | 190454 | 7988 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co  | 1235 | 102 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc  | 97470 | 15195 |
| &nbsp;&nbsp;&nbsp; PG&E Corp  | 107458 | 1814 |
| &nbsp;&nbsp;&nbsp; UGI Corp  | 99273 | 3580 |
|  |  | 42891 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $2,028,701) ($ Thousands) |  | 2479482 |
| **CASH EQUIVALENT — 1.5%** | **CASH EQUIVALENT — 1.5%** | **CASH EQUIVALENT — 1.5%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 38528077 | 38528 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $38,528) ($ Thousands) |  | 38528 |
| Total Investments in Securities — 99.3% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $2,067,229) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $2,067,229) ($ Thousands)  | $2518010 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; S&P 500 Index E-MINI | 155 | Jun-2025 | $44439 | $45849 | $1410 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $2,535,640 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| <sup>†</sup><sup>†</sup> | Narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1<br> ($)** | **Level 2<br> ($)** | **Level 3<br> ($)** | **Total<br> ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 2479482 |  |  | 2479482 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 38528 |  |  | 38528 |
|  Total Investments in Securities | 2518010 |  |  | 2518010 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 1410 |  |  | 1410 |
| Total Other Financial Instruments | 1410 |  |  | 1410 |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in the Notes to Financial Statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**U.S. Equity Factor Allocation Fund** (Concluded)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $10111 | $200706 | $(172289) | $— | $— | $38528 | $834 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**U.S. Managed Volatility Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 97.9%** | **COMMON STOCK — 97.9%** | **COMMON STOCK — 97.9%** |
| **Communication Services — 11.5%** | **Communication Services — 11.5%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl A  | 36129 | $6205 |
| &nbsp;&nbsp;&nbsp; AT&T Inc  | 458862 | 12756 |
| &nbsp;&nbsp;&nbsp; Cargurus Inc, Cl A <sup>\*</sup> | 66355 | 2080 |
| &nbsp;&nbsp;&nbsp; Comcast Corp, Cl A  | 286076 | 9890 |
| &nbsp;&nbsp;&nbsp; Electronic Arts Inc  | 21001 | 3019 |
| &nbsp;&nbsp;&nbsp; Fox Corp  | 116661 | 6409 |
| &nbsp;&nbsp;&nbsp; IAC Inc <sup>\*</sup> | 36750 | 1322 |
| &nbsp;&nbsp;&nbsp; IDT Corp, Cl B  | 2617 | 161 |
| &nbsp;&nbsp;&nbsp; Marcus Corp/The  | 4755 | 88 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc, Cl A  | 9837 | 6369 |
| &nbsp;&nbsp;&nbsp; New York Times Co/The, Cl A  | 53280 | 3043 |
| &nbsp;&nbsp;&nbsp; Omnicom Group Inc  | 24200 | 1777 |
| &nbsp;&nbsp;&nbsp; SK Telecom Co Ltd ADR  | 86124 | 1769 |
| &nbsp;&nbsp;&nbsp; TEGNA Inc  | 148000 | 2475 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc  | 22207 | 5379 |
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc  | 323375 | 14216 |
| &nbsp;&nbsp;&nbsp; Vimeo Inc <sup>\*</sup> | 14262 | 62 |
| &nbsp;&nbsp;&nbsp; Yelp Inc, Cl A <sup>\*</sup> | 101008 | 3855 |
|  |  | 80875 |
| **Consumer Discretionary — 6.3%** | **Consumer Discretionary — 6.3%** |  |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc <sup>\*</sup> | 31639 | 6486 |
| &nbsp;&nbsp;&nbsp; BorgWarner Inc  | 99600 | 3296 |
| &nbsp;&nbsp;&nbsp; Canadian Tire Corp Ltd, Cl A  | 19300 | 2448 |
| &nbsp;&nbsp;&nbsp; eBay Inc  | 126543 | 9259 |
| &nbsp;&nbsp;&nbsp; H&R Block Inc  | 85500 | 4869 |
| &nbsp;&nbsp;&nbsp; Honda Motor Co Ltd ADR  | 125100 | 3818 |
| &nbsp;&nbsp;&nbsp; La-Z-Boy Inc  | 27000 | 1131 |
| &nbsp;&nbsp;&nbsp; Mattel Inc <sup>\*</sup> | 208800 | 3955 |
| &nbsp;&nbsp;&nbsp; Perdoceo Education Corp  | 24358 | 829 |
| &nbsp;&nbsp;&nbsp; Service Corp International/US  | 35774 | 2790 |
| &nbsp;&nbsp;&nbsp; TJX Cos Inc/The  | 27395 | 3477 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Corp ADR  | 9800 | 1868 |
|  |  | 44226 |
| **Consumer Staples — 15.6%** | **Consumer Staples — 15.6%** |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos Inc, Cl A  | 154000 | 3423 |
| &nbsp;&nbsp;&nbsp; Altria Group Inc  | 166501 | 10092 |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co  | 85500 | 4127 |
| &nbsp;&nbsp;&nbsp; Bunge Global SA  | 32200 | 2516 |
| &nbsp;&nbsp;&nbsp; Campbell Soup Co  | 48000 | 1634 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co Inc  | 31810 | 3127 |
| &nbsp;&nbsp;&nbsp; Clorox Co/The  | 22513 | 2969 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co/The  | 61956 | 4467 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co  | 36501 | 3392 |
| &nbsp;&nbsp;&nbsp; Conagra Brands Inc  | 76200 | 1744 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp  | 5247 | 5458 |
| &nbsp;&nbsp;&nbsp; Flowers Foods Inc  | 42888 | 725 |
| &nbsp;&nbsp;&nbsp; Fresh Del Monte Produce Inc  | 7699 | 272 |
| &nbsp;&nbsp;&nbsp; General Mills Inc  | 107998 | 5860 |
| &nbsp;&nbsp;&nbsp; Ingredion Inc  | 54179 | 7537 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co/The  | 26900 | 3029 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp  | 22655 | $3257 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co/The  | 198800 | 5314 |
| &nbsp;&nbsp;&nbsp; Kroger Co/The  | 97500 | 6652 |
| &nbsp;&nbsp;&nbsp; McCormick & Co Inc/MD  | 25771 | 1874 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co, Cl B  | 108600 | 5820 |
| &nbsp;&nbsp;&nbsp; Mondelez International Inc, Cl A  | 52061 | 3514 |
| &nbsp;&nbsp;&nbsp; PepsiCo Inc  | 29788 | 3916 |
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc  | 25421 | 4591 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co/The  | 30645 | 5206 |
| &nbsp;&nbsp;&nbsp; Spectrum Brands Holdings Inc  | 20855 | 1205 |
| &nbsp;&nbsp;&nbsp; Tyson Foods Inc, Cl A  | 52010 | 2921 |
| &nbsp;&nbsp;&nbsp; Walmart Inc  | 45124 | 4455 |
|  |  | 109097 |
| **Energy — 2.7%** | **Energy — 2.7%** |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp  | 5411 | 102 |
| &nbsp;&nbsp;&nbsp; BKV Corp <sup>\*</sup> | 49265 | 1059 |
| &nbsp;&nbsp;&nbsp; Chevron Corp  | 39500 | 5400 |
| &nbsp;&nbsp;&nbsp; EOG Resources Inc  | 25100 | 2725 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp  | 48200 | 4931 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp  | 14200 | 2282 |
| &nbsp;&nbsp;&nbsp; Williams Cos Inc/The  | 32632 | 1975 |
| &nbsp;&nbsp;&nbsp; World Kinect Corp  | 19721 | 540 |
|  |  | 19014 |
| **Financials — 13.3%** | **Financials — 13.3%** |  |
| &nbsp;&nbsp;&nbsp; Aflac Inc  | 14400 | 1491 |
| &nbsp;&nbsp;&nbsp; Aon PLC, Cl A  | 3063 | 1140 |
| &nbsp;&nbsp;&nbsp; Axis Capital Holdings Ltd  | 30600 | 3176 |
| &nbsp;&nbsp;&nbsp; Bain Capital Specialty Finance  | 13021 | 205 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp/The  | 109600 | 9712 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Inc, Cl B <sup>\*</sup> | 14138 | 7125 |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc  | 19544 | 2207 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce  | 32600 | 2215 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc  | 51100 | 3849 |
| &nbsp;&nbsp;&nbsp; Crescent Capital BDC  | 2280 | 35 |
| &nbsp;&nbsp;&nbsp; Eagle Financial Services  | 4372 | 138 |
| &nbsp;&nbsp;&nbsp; Employers Holdings Inc  | 35200 | 1713 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd  | 5600 | 1944 |
| &nbsp;&nbsp;&nbsp; Federated Hermes Inc, Cl B  | 80769 | 3408 |
| &nbsp;&nbsp;&nbsp; Hartford Financial Services Group Inc/The  | 21800 | 2831 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange Inc  | 18903 | 3399 |
| &nbsp;&nbsp;&nbsp; Kayne Anderson BDC  | 2142 | 34 |
| &nbsp;&nbsp;&nbsp; Loews Corp  | 43700 | 3902 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos Inc  | 14735 | 3443 |
| &nbsp;&nbsp;&nbsp; Mastercard Inc, Cl A  | 9298 | 5445 |
| &nbsp;&nbsp;&nbsp; MetLife Inc  | 25700 | 2019 |
| &nbsp;&nbsp;&nbsp; Moody's Corp  | 6845 | 3281 |
| &nbsp;&nbsp;&nbsp; New Mountain Finance Corp  | 165747 | 1785 |
| &nbsp;&nbsp;&nbsp; Nuveen Churchill Direct Lending  | 96886 | 1574 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp  | 145574 | 5503 |
| &nbsp;&nbsp;&nbsp; S&P Global Inc  | 7102 | 3642 |
| &nbsp;&nbsp;&nbsp; Sixth Street Specialty Lending Inc  | 104200 | 2427 |
| &nbsp;&nbsp;&nbsp; SLR Investment Corp  | 22862 | 383 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**U.S. Managed Volatility Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; State Street Corp  | 36500 | $3514 |
| &nbsp;&nbsp;&nbsp; Visa Inc, Cl A  | 16569 | 6051 |
| &nbsp;&nbsp;&nbsp; Voya Financial Inc  | 23200 | 1543 |
| &nbsp;&nbsp;&nbsp; Western Union Co/The  | 443000 | 4111 |
|  |  | 93245 |
| **Health Care — 16.9%** | **Health Care — 16.9%** |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories  | 31089 | 4153 |
| &nbsp;&nbsp;&nbsp; AbbVie Inc  | 20416 | 3800 |
| &nbsp;&nbsp;&nbsp; Alkermes PLC <sup>\*</sup> | 4952 | 152 |
| &nbsp;&nbsp;&nbsp; Amgen Inc  | 10634 | 3064 |
| &nbsp;&nbsp;&nbsp; BioMarin Pharmaceutical Inc <sup>\*</sup> | 12775 | 742 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co  | 183434 | 8856 |
| &nbsp;&nbsp;&nbsp; Cardinal Health Inc  | 35159 | 5430 |
| &nbsp;&nbsp;&nbsp; Cencora Inc  | 10802 | 3146 |
| &nbsp;&nbsp;&nbsp; Centene Corp <sup>\*</sup> | 43600 | 2461 |
| &nbsp;&nbsp;&nbsp; Chemed Corp  | 5175 | 2975 |
| &nbsp;&nbsp;&nbsp; Cigna Group/The  | 13700 | 4338 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp  | 47700 | 3055 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp  | 1950 | 236 |
| &nbsp;&nbsp;&nbsp; Exelixis Inc <sup>\*</sup> | 139800 | 6017 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences Inc  | 90397 | 9951 |
| &nbsp;&nbsp;&nbsp; HealthStream Inc  | 19720 | 552 |
| &nbsp;&nbsp;&nbsp; Incyte Corp <sup>\*</sup> | 92600 | 6024 |
| &nbsp;&nbsp;&nbsp; Innoviva Inc <sup>\*</sup> | 23697 | 464 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals PLC <sup>\*</sup> | 17000 | 1837 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  | 75770 | 11760 |
| &nbsp;&nbsp;&nbsp; McKesson Corp  | 6841 | 4922 |
| &nbsp;&nbsp;&nbsp; Medtronic PLC  | 39297 | 3261 |
| &nbsp;&nbsp;&nbsp; Merck & Co Inc  | 105659 | 8119 |
| &nbsp;&nbsp;&nbsp; Organon & Co  | 28260 | 261 |
| &nbsp;&nbsp;&nbsp; Pfizer Inc  | 256796 | 6032 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals Inc  | 5722 | 2805 |
| &nbsp;&nbsp;&nbsp; Stryker Corp  | 1041 | 398 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp <sup>\*</sup> | 9630 | 3070 |
| &nbsp;&nbsp;&nbsp; Veeva Systems Inc, Cl A <sup>\*</sup> | 13088 | 3661 |
| &nbsp;&nbsp;&nbsp; Viatris Inc  | 379074 | 3332 |
| &nbsp;&nbsp;&nbsp; Zoetis Inc, Cl A  | 20409 | 3442 |
|  |  | 118316 |
| **Industrials — 7.8%** | **Industrials — 7.8%** |  |
| &nbsp;&nbsp;&nbsp; ABM Industries Inc  | 26700 | 1406 |
| &nbsp;&nbsp;&nbsp; AECOM  | 8483 | 932 |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings Inc  | 44800 | 4638 |
| &nbsp;&nbsp;&nbsp; AMETEK Inc  | 13648 | 2439 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc  | 11270 | 3669 |
| &nbsp;&nbsp;&nbsp; Cintas Corp  | 14787 | 3349 |
| &nbsp;&nbsp;&nbsp; CSG Systems International Inc  | 87200 | 5760 |
| &nbsp;&nbsp;&nbsp; Cummins Inc  | 8300 | 2668 |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington Inc  | 15783 | 1779 |
| &nbsp;&nbsp;&nbsp; Illinois Tool Works Inc  | 12898 | 3161 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp  | 8000 | 3859 |
| &nbsp;&nbsp;&nbsp; Paychex Inc  | 6757 | 1067 |
| &nbsp;&nbsp;&nbsp; Republic Services Inc, Cl A  | 11970 | 3080 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Rollins Inc  | 32314 | $1850 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp  | 20000 | 2311 |
| &nbsp;&nbsp;&nbsp; Snap-on Inc  | 4700 | 1508 |
| &nbsp;&nbsp;&nbsp; Textron Inc  | 42100 | 3117 |
| &nbsp;&nbsp;&nbsp; UL Solutions Inc, Cl A  | 8894 | 636 |
| &nbsp;&nbsp;&nbsp; Verisk Analytics Inc, Cl A  | 4365 | 1371 |
| &nbsp;&nbsp;&nbsp; Waste Connections Inc  | 13766 | 2713 |
| &nbsp;&nbsp;&nbsp; Waste Management Inc  | 13757 | 3315 |
|  |  | 54628 |
| **Information Technology — 18.3%** | **Information Technology — 18.3%** |  |
| &nbsp;&nbsp;&nbsp; A10 Networks Inc  | 6662 | 115 |
| &nbsp;&nbsp;&nbsp; Adobe Inc <sup>\*</sup> | 9557 | 3967 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd  | 111400 | 10222 |
| &nbsp;&nbsp;&nbsp; Apple Inc  | 27725 | 5569 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics Inc <sup>\*</sup> | 38100 | 4510 |
| &nbsp;&nbsp;&nbsp; Autodesk Inc <sup>\*</sup> | 4310 | 1276 |
| &nbsp;&nbsp;&nbsp; Avnet Inc  | 95600 | 4781 |
| &nbsp;&nbsp;&nbsp; Box Inc, Cl A <sup>\*</sup> | 88334 | 3341 |
| &nbsp;&nbsp;&nbsp; Canon Inc ADR  | 148100 | 4527 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic Inc <sup>\*</sup> | 20328 | 1999 |
| &nbsp;&nbsp;&nbsp; Cisco Systems Inc  | 215604 | 13592 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp, Cl A  | 48900 | 3960 |
| &nbsp;&nbsp;&nbsp; CommVault Systems Inc <sup>\*</sup> | 3675 | 673 |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories Inc, Cl A  | 37386 | 2776 |
| &nbsp;&nbsp;&nbsp; Dropbox Inc, Cl A <sup>\*</sup> | 216600 | 6251 |
| &nbsp;&nbsp;&nbsp; Dynatrace Inc <sup>\*</sup> | 17798 | 961 |
| &nbsp;&nbsp;&nbsp; F5 Inc <sup>\*</sup> | 20417 | 5827 |
| &nbsp;&nbsp;&nbsp; Fortinet Inc <sup>\*</sup> | 8893 | 905 |
| &nbsp;&nbsp;&nbsp; Gen Digital Inc  | 135700 | 3865 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co  | 346700 | 5991 |
| &nbsp;&nbsp;&nbsp; HP Inc  | 172651 | 4299 |
| &nbsp;&nbsp;&nbsp; InterDigital Inc  | 10285 | 2234 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp  | 18900 | 4896 |
| &nbsp;&nbsp;&nbsp; Juniper Networks Inc  | 58000 | 2084 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp  | 14453 | 6654 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc  | 7759 | 3223 |
| &nbsp;&nbsp;&nbsp; NetApp Inc  | 30996 | 3074 |
| &nbsp;&nbsp;&nbsp; Open Text Corp  | 79800 | 2255 |
| &nbsp;&nbsp;&nbsp; PagerDuty Inc <sup>\*</sup> | 8462 | 121 |
| &nbsp;&nbsp;&nbsp; PDF Solutions Inc <sup>\*</sup> | 24702 | 437 |
| &nbsp;&nbsp;&nbsp; PTC Inc <sup>\*</sup> | 11976 | 2016 |
| &nbsp;&nbsp;&nbsp; Roper Technologies Inc  | 5651 | 3223 |
| &nbsp;&nbsp;&nbsp; ScanSource Inc <sup>\*</sup> | 1405 | 57 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp  | 33700 | 4089 |
| &nbsp;&nbsp;&nbsp; TE Connectivity PLC  | 18541 | 2968 |
| &nbsp;&nbsp;&nbsp; Tenable Holdings Inc <sup>\*</sup> | 5372 | 173 |
| &nbsp;&nbsp;&nbsp; Workiva Inc, Cl A <sup>\*</sup> | 7208 | 485 |
| &nbsp;&nbsp;&nbsp; Zoom Video Communications Inc, Cl A <sup>\*</sup> | 10802 | 878 |
|  |  | 128274 |
| **Materials — 2.1%** | **Materials — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings Inc  | 23600 | 2141 |
| &nbsp;&nbsp;&nbsp; Ecolab Inc  | 7803 | 2073 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Glatfelter Corp <sup>\*</sup> | 7156 | $86 |
| &nbsp;&nbsp;&nbsp; Linde PLC  | 3898 | 1823 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries NV, Cl A  | 15500 | 875 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp  | 6300 | 4057 |
| &nbsp;&nbsp;&nbsp; Newmont Corp  | 664 | 35 |
| &nbsp;&nbsp;&nbsp; Royal Gold Inc  | 5461 | 973 |
| &nbsp;&nbsp;&nbsp; Sonoco Products Co  | 60600 | 2760 |
|  |  | 14823 |
| **Real Estate — 0.1%** | **Real Estate — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Postal Realty Trust Inc, Cl A <sup>‡</sup> | 21767 | 301 |
| **Utilities — 3.3%** | **Utilities — 3.3%** |  |
| &nbsp;&nbsp;&nbsp; American Electric Power Co Inc  | 17600 | 1822 |
| &nbsp;&nbsp;&nbsp; Evergy Inc  | 56500 | 3752 |
| &nbsp;&nbsp;&nbsp; Eversource Energy  | 48700 | 3156 |
| &nbsp;&nbsp;&nbsp; Exelon Corp  | 66300 | 2905 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co  | 65600 | 5415 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc  | 12400 | 1933 |
| &nbsp;&nbsp;&nbsp; Pinnacle West Capital Corp  | 23400 | 2135 |
| &nbsp;&nbsp;&nbsp; Portland General Electric Co  | 49700 | 2107 |
|  |  | 23225 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $588,761) ($ Thousands) |  | 686024 |
| **CASH EQUIVALENT — 1.8%** | **CASH EQUIVALENT — 1.8%** | **CASH EQUIVALENT — 1.8%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 12903382 | 12903 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $12,903) ($ Thousands) |  | 12903 |
| Total Investments in Securities — 99.7% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $601,664) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $601,664) ($ Thousands)  | $698927 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; S&P 500 Index E-MINI | 19 | Jun-2025 | $5506 | $5620 | $114 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $700,961 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**U.S. Managed Volatility Fund** (Concluded)

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 679106 | 6918 |  | 686024 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 12903 | – |  | 12903 |
|  Total Investments in Securities | 692009 | 6918 |  | 698927 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 114 |  |  | 114 |
| Total Other Financial Instruments | 114 |  |  | 114 |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $14439 | $206316 | $(207852) | $— | $— | $12903 | $822 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Global Managed Volatility Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 98.1%** | **COMMON STOCK — 98.1%** | **COMMON STOCK — 98.1%** |
| **Australia — 0.2%** | **Australia — 0.2%** | **Australia — 0.2%** |
| &nbsp;&nbsp;&nbsp; AGL Energy Ltd  | 501377 | $3277 |
| **Austria — 0.3%** | **Austria — 0.3%** | **Austria — 0.3%** |
| &nbsp;&nbsp;&nbsp; ANDRITZ AG <sup>\*</sup> | 60900 | 4213 |
| &nbsp;&nbsp;&nbsp; Oberbank AG <sup>\*</sup> | 350 | 28 |
| &nbsp;&nbsp;&nbsp; Telekom Austria AG, Cl A  | 38558 | 427 |
| &nbsp;&nbsp;&nbsp; UNIQA Insurance Group AG  | 93577 | 1298 |
|  |  | 5966 |
| **Belgium — 0.5%** | **Belgium — 0.5%** | **Belgium — 0.5%** |
| &nbsp;&nbsp;&nbsp; Ackermans & van Haaren NV <sup>\*</sup> | 3048 | 776 |
| &nbsp;&nbsp;&nbsp; Ageas SA/NV  | 88500 | 5778 |
| &nbsp;&nbsp;&nbsp; Colruyt Group N.V  | 75325 | 3400 |
| &nbsp;&nbsp;&nbsp; Fagron <sup>\*</sup> | 5667 | 139 |
|  |  | 10093 |
| **Canada — 4.9%** | **Canada — 4.9%** | **Canada — 4.9%** |
| &nbsp;&nbsp;&nbsp; AltaGas Ltd  | 118100 | 3293 |
| &nbsp;&nbsp;&nbsp; Atco Ltd/Canada, Cl I  | 110600 | 4141 |
| &nbsp;&nbsp;&nbsp; Bank of Nova Scotia/The  | 93700 | 5004 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce  | 62400 | 4240 |
| &nbsp;&nbsp;&nbsp; Canadian Tire Corp Ltd, Cl A  | 33900 | 4300 |
| &nbsp;&nbsp;&nbsp; Cogeco Communications Inc  | 58200 | 2925 |
| &nbsp;&nbsp;&nbsp; Empire Co Ltd, Cl A  | 261642 | 10080 |
| &nbsp;&nbsp;&nbsp; Enbridge  | 141945 | 6598 |
| &nbsp;&nbsp;&nbsp; George Weston Ltd  | 49800 | 10007 |
| &nbsp;&nbsp;&nbsp; Great-West Lifeco Inc, Cl Common Subs. Receipt  | 173400 | 6569 |
| &nbsp;&nbsp;&nbsp; Hydro One Ltd  | 157200 | 5777 |
| &nbsp;&nbsp;&nbsp; Loblaw Cos Ltd  | 17600 | 2964 |
| &nbsp;&nbsp;&nbsp; Manulife Financial Corp  | 197600 | 6280 |
| &nbsp;&nbsp;&nbsp; Metro Inc/CN, Cl A  | 126400 | 9840 |
| &nbsp;&nbsp;&nbsp; Open Text Corp  | 204900 | 5791 |
| &nbsp;&nbsp;&nbsp; Power Corp of Canada  | 21900 | 846 |
| &nbsp;&nbsp;&nbsp; Quebecor Inc, Cl B  | 151200 | 4246 |
| &nbsp;&nbsp;&nbsp; Royal Bank of Canada  | 28200 | 3568 |
| &nbsp;&nbsp;&nbsp; Toronto-Dominion Bank/The  | 86800 | 5983 |
|  |  | 102452 |
| **China — 0.1%** | **China — 0.1%** | **China — 0.1%** |
| &nbsp;&nbsp;&nbsp; BOC Hong Kong Holdings Ltd  | 454500 | 1911 |
| &nbsp;&nbsp;&nbsp; Fountain SET Holdings Ltd  | 174279 | 15 |
| &nbsp;&nbsp;&nbsp; ISDN Holdings  | 158700 | 38 |
|  |  | 1964 |
| **Denmark — 0.3%** | **Denmark — 0.3%** | **Denmark — 0.3%** |
| &nbsp;&nbsp;&nbsp; Danske Bank A/S  | 148500 | 5690 |
| &nbsp;&nbsp;&nbsp; ISS A/S <sup>\*</sup> | 5428 | 146 |
| &nbsp;&nbsp;&nbsp; Scandinavian Tobacco Group A/S <sup>\*</sup> | 25319 | 328 |
| &nbsp;&nbsp;&nbsp; Schouw & Co A/S <sup>\*</sup> | 6565 | 583 |
|  |  | 6747 |
| **Finland — 1.0%** | **Finland — 1.0%** | **Finland — 1.0%** |
| &nbsp;&nbsp;&nbsp; Elisa Oyj, Cl A  | 183379 | 9666 |
| &nbsp;&nbsp;&nbsp; HKScan, Cl A <sup>\*</sup> | 16820 | 28 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Nokia Oyj  | 1441797 | $| 7502 |
| &nbsp;&nbsp;&nbsp; Orion Oyj, Cl B  | 45496 |  | 3086 |
| &nbsp;&nbsp;&nbsp; Raisio Oyj, Cl V <sup>\*</sup> | 55028 |  | 153 |
| &nbsp;&nbsp;&nbsp; Raute, Cl A <sup>\*</sup> | 2158 |  | 40 |
| &nbsp;&nbsp;&nbsp; Terveystalo  | 12864 |  | 177 |
|  |  |  | 20652 |
| **France — 2.4%** | **France — 2.4%** | **France — 2.4%** | **France — 2.4%** |
| &nbsp;&nbsp;&nbsp; Axway Software  | 1389 |  | 60 |
| &nbsp;&nbsp;&nbsp; Bouygues SA <sup>\*</sup> | 169200 |  | 7376 |
| &nbsp;&nbsp;&nbsp; Carrefour SA <sup>\*</sup> | 148800 |  | 2225 |
| &nbsp;&nbsp;&nbsp; Danone SA <sup>\*</sup> | 99748 |  | 8527 |
| &nbsp;&nbsp;&nbsp; Engie SA <sup>\*</sup> | 370293 |  | 7991 |
| &nbsp;&nbsp;&nbsp; Orange SA  | 577100 |  | 8612 |
| &nbsp;&nbsp;&nbsp; Societe BIC SA  | 77200 |  | 4768 |
| &nbsp;&nbsp;&nbsp; TotalEnergies SE  | 185600 |  | 10924 |
|  |  |  | 50483 |
| **Germany — 1.7%** | **Germany — 1.7%** | **Germany — 1.7%** | **Germany — 1.7%** |
| &nbsp;&nbsp;&nbsp; Adtran Networks  | 929 |  | 22 |
| &nbsp;&nbsp;&nbsp; Allianz SE <sup>\*</sup> | 18071 |  | 7166 |
| &nbsp;&nbsp;&nbsp; Bayerische Motoren Werke AG <sup>\*</sup> | 45600 |  | 4045 |
| &nbsp;&nbsp;&nbsp; Deutsche Boerse AG <sup>\*</sup> | 9410 |  | 3031 |
| &nbsp;&nbsp;&nbsp; Deutsche Telekom AG <sup>\*</sup> | 361104 |  | 13672 |
| &nbsp;&nbsp;&nbsp; Freenet AG <sup>\*</sup> | 46815 |  | 1546 |
| &nbsp;&nbsp;&nbsp; Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen <sup>\*</sup> | 5287 |  | 3425 |
| &nbsp;&nbsp;&nbsp; Pfeiffer Vacuum Technology  | 1459 |  | 264 |
| &nbsp;&nbsp;&nbsp; Scout24 SE  | 13749 |  | 1873 |
|  |  |  | 35044 |
| **Hong Kong — 1.9%** | **Hong Kong — 1.9%** | **Hong Kong — 1.9%** | **Hong Kong — 1.9%** |
| &nbsp;&nbsp;&nbsp; Best Mart 360 Holdings  | 200000 |  | 45 |
| &nbsp;&nbsp;&nbsp; Cathay Pacific Airways Ltd  | 3755000 |  | 5050 |
| &nbsp;&nbsp;&nbsp; Chinney Investments Ltd  | 88000 |  | 7 |
| &nbsp;&nbsp;&nbsp; CLP Holdings Ltd  | 489500 |  | 4145 |
| &nbsp;&nbsp;&nbsp; Dah Sing Banking Group Ltd  | 55711 |  | 63 |
| &nbsp;&nbsp;&nbsp; Dah Sing Financial Holdings  | 12223 |  | 46 |
| &nbsp;&nbsp;&nbsp; HK Electric Investments & HK Electric Investments Ltd  | 3892500 |  | 2810 |
| &nbsp;&nbsp;&nbsp; HKT Trust & HKT Ltd  | 5759000 |  | 8294 |
| &nbsp;&nbsp;&nbsp; Hutchison Telecommunications Hong Kong Holdings  | 2116000 |  | 257 |
| &nbsp;&nbsp;&nbsp; PCCW Ltd  | 3277000 |  | 2180 |
| &nbsp;&nbsp;&nbsp; Power Assets Holdings Ltd  | 414500 |  | 2621 |
| &nbsp;&nbsp;&nbsp; SmarTone Telecommunications Holdings Ltd  | 59013 |  | 33 |
| &nbsp;&nbsp;&nbsp; Sun Hung Kai Properties Ltd  | 390500 |  | 4194 |
| &nbsp;&nbsp;&nbsp; Transport International Holdings Ltd  | 13200 |  | 15 |
| &nbsp;&nbsp;&nbsp; VTech Holdings Ltd  | 144133 |  | 958 |
| &nbsp;&nbsp;&nbsp; WH Group Ltd  | 10251500 |  | 9428 |
| &nbsp;&nbsp;&nbsp; Yue Yuen Industrial Holdings Ltd  | 22 |  | – |
|  |  |  | 40146 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Global Managed Volatility Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Israel — 1.0%** | **Israel — 1.0%** | **Israel — 1.0%** |
| &nbsp;&nbsp;&nbsp; Bezeq The Israeli Telecommunication Corp Ltd  | 2484064 | $3874 |
| &nbsp;&nbsp;&nbsp; Check Point Software Technologies Ltd <sup>\*</sup> | 41802 | 9568 |
| &nbsp;&nbsp;&nbsp; Delek Group  | 7781 | 1370 |
| &nbsp;&nbsp;&nbsp; FIBI Holdings Ltd  | 5079 | 334 |
| &nbsp;&nbsp;&nbsp; Ituran Location and Control  | 27906 | 1063 |
| &nbsp;&nbsp;&nbsp; Neto ME Holdings Ltd <sup>\*</sup> | 776 | 41 |
| &nbsp;&nbsp;&nbsp; Nice Ltd <sup>\*</sup> | 2520 | 426 |
| &nbsp;&nbsp;&nbsp; Nova Ltd <sup>\*</sup> | 1456 | 311 |
| &nbsp;&nbsp;&nbsp; Palram Industries 1990  | 6347 | 146 |
| &nbsp;&nbsp;&nbsp; Radware Ltd <sup>\*</sup> | 48163 | 1123 |
| &nbsp;&nbsp;&nbsp; Rami Levy Chain Stores Hashikma Marketing 2006 Ltd  | 23983 | 2006 |
| &nbsp;&nbsp;&nbsp; Sapiens International Corp NV  | 13384 | 384 |
| &nbsp;&nbsp;&nbsp; Shufersal Ltd <sup>\*</sup> | 70091 | 702 |
| &nbsp;&nbsp;&nbsp; Strauss Group Ltd <sup>\*</sup> | 4659 | 114 |
| &nbsp;&nbsp;&nbsp; Tiv Taam Holdings 1  | 29616 | 69 |
|  |  | 21531 |
| **Italy — 1.2%** | **Italy — 1.2%** | **Italy — 1.2%** |
| &nbsp;&nbsp;&nbsp; A2A SpA <sup>\*</sup> | 2477500 | 6432 |
| &nbsp;&nbsp;&nbsp; Edison <sup>\*</sup> | 66938 | 149 |
| &nbsp;&nbsp;&nbsp; Enel SpA  | 29372 | 270 |
| &nbsp;&nbsp;&nbsp; Eni SpA  | 638100 | 9408 |
| &nbsp;&nbsp;&nbsp; Ferretti  | 18800 | 59 |
| &nbsp;&nbsp;&nbsp; Iren SpA  | 63285 | 197 |
| &nbsp;&nbsp;&nbsp; Italgas SpA <sup>\*</sup> | 85628 | 704 |
| &nbsp;&nbsp;&nbsp; Pirelli & C SpA  | 668803 | 4789 |
| &nbsp;&nbsp;&nbsp; RAI Way <sup>\*</sup> | 183973 | 1233 |
| &nbsp;&nbsp;&nbsp; Terna - Rete Elettrica Nazionale  | 180546 | 1841 |
|  |  | 25082 |
| **Japan — 7.5%** | **Japan — 7.5%** | **Japan — 7.5%** |
| &nbsp;&nbsp;&nbsp; Achilles Corp  | 2300 | 20 |
| &nbsp;&nbsp;&nbsp; Aeon Kyushu  | 700 | 13 |
| &nbsp;&nbsp;&nbsp; Ahjikan Co Ltd  | 5308 | 45 |
| &nbsp;&nbsp;&nbsp; Aichi Electric Co Ltd  | 1000 | 33 |
| &nbsp;&nbsp;&nbsp; Airport Facilities  | 6100 | 34 |
| &nbsp;&nbsp;&nbsp; Alinco  | 8300 | 58 |
| &nbsp;&nbsp;&nbsp; Alpen Co Ltd  | 3300 | 53 |
| &nbsp;&nbsp;&nbsp; Amano Corp  | 29000 | 853 |
| &nbsp;&nbsp;&nbsp; Anabuki Kosan Inc  | 1600 | 24 |
| &nbsp;&nbsp;&nbsp; Anritsu Corp  | 279100 | 3162 |
| &nbsp;&nbsp;&nbsp; Arcs Co Ltd  | 59100 | 1171 |
| &nbsp;&nbsp;&nbsp; Asahi Co Ltd  | 28300 | 266 |
| &nbsp;&nbsp;&nbsp; Asante Inc  | 10000 | 111 |
| &nbsp;&nbsp;&nbsp; Autobacs Seven Co Ltd  | 86200 | 863 |
| &nbsp;&nbsp;&nbsp; AUTOSERVER  | 1800 | 32 |
| &nbsp;&nbsp;&nbsp; Axial Retailing Inc  | 24600 | 194 |
| &nbsp;&nbsp;&nbsp; Belc Co Ltd  | 8100 | 396 |
| &nbsp;&nbsp;&nbsp; Bell-Park  | 2200 | 28 |
| &nbsp;&nbsp;&nbsp; Belluna  | 32900 | 201 |
| &nbsp;&nbsp;&nbsp; B-R31 Ice Cream, Cl R  | 5500 | 159 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Bridgestone Corp  | 123700 | $5296 |
| &nbsp;&nbsp;&nbsp; Brother Industries Ltd  | 300200 | 5109 |
| &nbsp;&nbsp;&nbsp; Canon Inc  | 326200 | 9937 |
| &nbsp;&nbsp;&nbsp; Cawachi Ltd  | 34400 | 670 |
| &nbsp;&nbsp;&nbsp; Citizen Watch Co Ltd  | 407900 | 2436 |
| &nbsp;&nbsp;&nbsp; Create Medic Co Ltd  | 2784 | 19 |
| &nbsp;&nbsp;&nbsp; Create SD Holdings Co Ltd  | 5900 | 129 |
| &nbsp;&nbsp;&nbsp; Daitron Co Ltd  | 1200 | 31 |
| &nbsp;&nbsp;&nbsp; Doshisha Co Ltd  | 6100 | 97 |
| &nbsp;&nbsp;&nbsp; Earth Corp  | 31000 | 1077 |
| &nbsp;&nbsp;&nbsp; Ebara Foods Industry Inc  | 1600 | 28 |
| &nbsp;&nbsp;&nbsp; Eco's Co Ltd/Japan  | 3100 | 51 |
| &nbsp;&nbsp;&nbsp; Eiken Chemical Co Ltd  | 5100 | 72 |
| &nbsp;&nbsp;&nbsp; Elecom Co Ltd  | 10700 | 126 |
| &nbsp;&nbsp;&nbsp; ENEOS Holdings Inc  | 807300 | 3814 |
| &nbsp;&nbsp;&nbsp; ESTELLE Holdings Co Ltd  | 6000 | 24 |
| &nbsp;&nbsp;&nbsp; Ezaki Glico Co Ltd  | 52400 | 1679 |
| &nbsp;&nbsp;&nbsp; FJ Next Holdings Co Ltd  | 3000 | 25 |
| &nbsp;&nbsp;&nbsp; Focus Systems  | 3900 | 37 |
| &nbsp;&nbsp;&nbsp; France Bed Holdings Co Ltd  | 10800 | 94 |
| &nbsp;&nbsp;&nbsp; FTGroup Co Ltd  | 8400 | 67 |
| &nbsp;&nbsp;&nbsp; Fujicco Co Ltd  | 11100 | 124 |
| &nbsp;&nbsp;&nbsp; Fujiya Co Ltd  | 2100 | 35 |
| &nbsp;&nbsp;&nbsp; Fumakilla  | 8700 | 67 |
| &nbsp;&nbsp;&nbsp; Fuso Pharmaceutical Industries Ltd  | 2300 | 34 |
| &nbsp;&nbsp;&nbsp; Gakken Holdings Co Ltd  | 39100 | 257 |
| &nbsp;&nbsp;&nbsp; Gakkyusha Co Ltd  | 6100 | 95 |
| &nbsp;&nbsp;&nbsp; H.U. Group Holdings Inc  | 19900 | 426 |
| &nbsp;&nbsp;&nbsp; Heiwado Co Ltd  | 80400 | 1529 |
| &nbsp;&nbsp;&nbsp; Hogy Medical  | 2200 | 58 |
| &nbsp;&nbsp;&nbsp; Hokkaido Coca-Cola Bottling  | 5900 | 141 |
| &nbsp;&nbsp;&nbsp; Hokkan Holdings Ltd  | 5800 | 77 |
| &nbsp;&nbsp;&nbsp; Hokuto Corp  | 36600 | 455 |
| &nbsp;&nbsp;&nbsp; Honda Motor Co Ltd  | 699300 | 7084 |
| &nbsp;&nbsp;&nbsp; House Foods Group Inc  | 111300 | 2111 |
| &nbsp;&nbsp;&nbsp; I K K Holdings Inc  | 4600 | 25 |
| &nbsp;&nbsp;&nbsp; Imuraya Group  | 1900 | 32 |
| &nbsp;&nbsp;&nbsp; Inaba Seisakusho  | 19400 | 231 |
| &nbsp;&nbsp;&nbsp; Itochu Enex Co Ltd  | 6700 | 78 |
| &nbsp;&nbsp;&nbsp; Itoham Yonekyu Holdings Inc  | 5620 | 195 |
| &nbsp;&nbsp;&nbsp; Iwatsuka Confectionery  | 1200 | 25 |
| &nbsp;&nbsp;&nbsp; Japan Lifeline Co Ltd  | 14600 | 146 |
| &nbsp;&nbsp;&nbsp; J-Oil Mills Inc  | 51000 | 694 |
| &nbsp;&nbsp;&nbsp; JSP Corp  | 26800 | 342 |
| &nbsp;&nbsp;&nbsp; Justsystems Corp  | 3300 | 78 |
| &nbsp;&nbsp;&nbsp; Kaken Pharmaceutical Co Ltd  | 34400 | 914 |
| &nbsp;&nbsp;&nbsp; Kakiyasu Honten Co Ltd  | 10200 | 192 |
| &nbsp;&nbsp;&nbsp; Kameda Seika Co Ltd  | 1800 | 47 |
| &nbsp;&nbsp;&nbsp; Kato Sangyo Co Ltd  | 9300 | 340 |
| &nbsp;&nbsp;&nbsp; KDDI Corp  | 72700 | 1255 |
| &nbsp;&nbsp;&nbsp; Kenko Mayonnaise  | 3400 | 43 |
| &nbsp;&nbsp;&nbsp; Kewpie Corp  | 51200 | 1204 |
| &nbsp;&nbsp;&nbsp; Key Coffee Inc  | 6400 | 89 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Kirin Holdings Co Ltd  | 24300 | $348 |
| &nbsp;&nbsp;&nbsp; Kitano Construction Corp  | 1300 | 37 |
| &nbsp;&nbsp;&nbsp; Komeri Co Ltd  | 15900 | 317 |
| &nbsp;&nbsp;&nbsp; Kuriyama Holdings  | 8700 | 85 |
| &nbsp;&nbsp;&nbsp; Kyorin Pharmaceutical Co Ltd  | 28400 | 296 |
| &nbsp;&nbsp;&nbsp; Kyowa Kirin Co Ltd  | 39800 | 649 |
| &nbsp;&nbsp;&nbsp; Lion Corp  | 158400 | 1713 |
| &nbsp;&nbsp;&nbsp; Marudai Food Co Ltd  | 7000 | 88 |
| &nbsp;&nbsp;&nbsp; Marvelous Inc  | 53500 | 174 |
| &nbsp;&nbsp;&nbsp; Megmilk Snow Brand Co Ltd  | 63600 | 1240 |
| &nbsp;&nbsp;&nbsp; MEIJI Holdings Co Ltd  | 91500 | 2040 |
| &nbsp;&nbsp;&nbsp; Meitec Corp  | 3500 | 78 |
| &nbsp;&nbsp;&nbsp; Meito Sangyo  | 8800 | 123 |
| &nbsp;&nbsp;&nbsp; Meiwa  | 5200 | 24 |
| &nbsp;&nbsp;&nbsp; Ministop Co Ltd  | 4200 | 53 |
| &nbsp;&nbsp;&nbsp; Miroku Jyoho Service Co Ltd  | 8900 | 109 |
| &nbsp;&nbsp;&nbsp; Mitsui DM Sugar Holdings Co Ltd  | 10600 | 229 |
| &nbsp;&nbsp;&nbsp; Miyoshi Oil & Fat Co Ltd  | 11518 | 130 |
| &nbsp;&nbsp;&nbsp; Mizuho Financial Group Inc  | 162400 | 4504 |
| &nbsp;&nbsp;&nbsp; Morinaga & Co Ltd/Japan  | 32600 | 538 |
| &nbsp;&nbsp;&nbsp; Morozoff Ltd  | 10866 | 126 |
| &nbsp;&nbsp;&nbsp; Nagase Brothers  | 8400 | 108 |
| &nbsp;&nbsp;&nbsp; Nakabayashi  | 6900 | 25 |
| &nbsp;&nbsp;&nbsp; Nakamoto Packs  | 2000 | 24 |
| &nbsp;&nbsp;&nbsp; Nakamuraya  | 4200 | 91 |
| &nbsp;&nbsp;&nbsp; NGK Insulators Ltd  | 312300 | 3875 |
| &nbsp;&nbsp;&nbsp; Nicca Chemical Co Ltd  | 2900 | 26 |
| &nbsp;&nbsp;&nbsp; Nihon Chouzai Co Ltd  | 12800 | 285 |
| &nbsp;&nbsp;&nbsp; Nihon Denkei Co Ltd  | 2500 | 35 |
| &nbsp;&nbsp;&nbsp; Nikko Co Ltd/Hyogo  | 7600 | 36 |
| &nbsp;&nbsp;&nbsp; Nippn Corp  | 125500 | 1894 |
| &nbsp;&nbsp;&nbsp; Nippon Air Conditioning Services Co Ltd  | 5300 | 40 |
| &nbsp;&nbsp;&nbsp; Nippon Ceramic Co Ltd  | 17300 | 342 |
| &nbsp;&nbsp;&nbsp; Nippon Concept Corp  | 2200 | 27 |
| &nbsp;&nbsp;&nbsp; Nippon Electric Glass Co Ltd  | 146000 | 3482 |
| &nbsp;&nbsp;&nbsp; NIPPON EXPRESS HOLDINGS INC  | 237200 | 4389 |
| &nbsp;&nbsp;&nbsp; Nippon Kanzai Holdings  | 12100 | 228 |
| &nbsp;&nbsp;&nbsp; Nippon Seisen Co Ltd  | 2000 | 15 |
| &nbsp;&nbsp;&nbsp; Nippon Shokubai Co Ltd  | 7200 | 83 |
| &nbsp;&nbsp;&nbsp; Nippon Telegraph & Telephone Corp  | 8797100 | 9768 |
| &nbsp;&nbsp;&nbsp; Nisshin Oillio Group Ltd/The  | 14049 | 469 |
| &nbsp;&nbsp;&nbsp; Nitta Gelatin  | 4400 | 25 |
| &nbsp;&nbsp;&nbsp; Nittoc Construction Co Ltd  | 15000 | 109 |
| &nbsp;&nbsp;&nbsp; Noevir Holdings  | 18000 | 534 |
| &nbsp;&nbsp;&nbsp; Oiles Corp  | 6500 | 94 |
| &nbsp;&nbsp;&nbsp; Okaya  | 400 | 19 |
| &nbsp;&nbsp;&nbsp; Okinawa Cellular Telephone Co  | 14622 | 482 |
| &nbsp;&nbsp;&nbsp; Okuwa Co Ltd  | 35200 | 220 |
| &nbsp;&nbsp;&nbsp; Otsuka Corp  | 15900 | 326 |
| &nbsp;&nbsp;&nbsp; OUG Holdings Inc  | 2682 | 61 |
| &nbsp;&nbsp;&nbsp; Ozu Corp  | 2400 | 28 |
| &nbsp;&nbsp;&nbsp; Paramount Bed Holdings  | 6100 | 105 |
| &nbsp;&nbsp;&nbsp; Pigeon Corp  | 57300 | 739 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Prima Meat Packers Ltd  | 48900 | $769 |
| &nbsp;&nbsp;&nbsp; Pro-Ship  | 3500 | 60 |
| &nbsp;&nbsp;&nbsp; Qol Holdings Co Ltd  | 3200 | 42 |
| &nbsp;&nbsp;&nbsp; Raito Kogyo Co Ltd  | 25400 | 506 |
| &nbsp;&nbsp;&nbsp; Riso Kyoiku Co Ltd  | 21800 | 34 |
| &nbsp;&nbsp;&nbsp; S&B Foods  | 6200 | 127 |
| &nbsp;&nbsp;&nbsp; Sakata Seed  | 11800 | 282 |
| &nbsp;&nbsp;&nbsp; San-A Co Ltd, Cl A  | 101100 | 2076 |
| &nbsp;&nbsp;&nbsp; Sanki Engineering Co Ltd  | 3800 | 100 |
| &nbsp;&nbsp;&nbsp; Sankyo Co Ltd  | 252000 | 4383 |
| &nbsp;&nbsp;&nbsp; Sanyo Chemical Industries Ltd  | 31600 | 806 |
| &nbsp;&nbsp;&nbsp; Secom Co Ltd  | 7100 | 258 |
| &nbsp;&nbsp;&nbsp; Seiko Epson Corp  | 490400 | 6327 |
| &nbsp;&nbsp;&nbsp; Sekisui Chemical Co Ltd  | 278400 | 4823 |
| &nbsp;&nbsp;&nbsp; Senko Group Holdings Co Ltd  | 22700 | 281 |
| &nbsp;&nbsp;&nbsp; Shindengen Electric Manufacturing  | 5000 | 69 |
| &nbsp;&nbsp;&nbsp; Shionogi & Co Ltd  | 74800 | 1246 |
| &nbsp;&nbsp;&nbsp; Showa Sangyo Co Ltd  | 40800 | 817 |
| &nbsp;&nbsp;&nbsp; SK Kaken  | 500 | 30 |
| &nbsp;&nbsp;&nbsp; SoftBank Corp  | 6118600 | 9376 |
| &nbsp;&nbsp;&nbsp; Sojitz Corp  | 240300 | 5910 |
| &nbsp;&nbsp;&nbsp; SRA Holdings  | 8100 | 260 |
| &nbsp;&nbsp;&nbsp; ST Corp  | 19700 | 209 |
| &nbsp;&nbsp;&nbsp; Step  | 4400 | 68 |
| &nbsp;&nbsp;&nbsp; Studio Alice Co Ltd  | 5900 | 84 |
| &nbsp;&nbsp;&nbsp; Sugi Holdings Co Ltd  | 3800 | 83 |
| &nbsp;&nbsp;&nbsp; Sumitomo Seika Chemicals Co Ltd  | 1000 | 31 |
| &nbsp;&nbsp;&nbsp; Sundrug Co Ltd  | 20900 | 649 |
| &nbsp;&nbsp;&nbsp; Taisei Lamick  | 1800 | 31 |
| &nbsp;&nbsp;&nbsp; Takamatsu Construction Group Co Ltd  | 5500 | 107 |
| &nbsp;&nbsp;&nbsp; TAKEBISHI CORP  | 4700 | 59 |
| &nbsp;&nbsp;&nbsp; TKC Corp  | 7400 | 217 |
| &nbsp;&nbsp;&nbsp; TOKAI Holdings Corp  | 115800 | 790 |
| &nbsp;&nbsp;&nbsp; Tokushu Tokai Paper  | 1100 | 28 |
| &nbsp;&nbsp;&nbsp; Tokyo Individualized Educational Institute Inc  | 11500 | 25 |
| &nbsp;&nbsp;&nbsp; Tokyu Construction Co Ltd  | 72700 | 459 |
| &nbsp;&nbsp;&nbsp; Torigoe  | 5400 | 34 |
| &nbsp;&nbsp;&nbsp; Trend Micro Inc/Japan  | 74200 | 5542 |
| &nbsp;&nbsp;&nbsp; Unicafe Inc  | 9700 | 61 |
| &nbsp;&nbsp;&nbsp; United Super Markets Holdings Inc  | 12300 | 77 |
| &nbsp;&nbsp;&nbsp; Uoriki Co Ltd  | 3000 | 51 |
| &nbsp;&nbsp;&nbsp; Valor Holdings Co Ltd  | 31100 | 525 |
| &nbsp;&nbsp;&nbsp; Vital KSK Holdings Inc  | 14300 | 125 |
| &nbsp;&nbsp;&nbsp; Wowow Inc  | 10676 | 75 |
| &nbsp;&nbsp;&nbsp; Yamada Holdings Co Ltd  | 1204900 | 3609 |
| &nbsp;&nbsp;&nbsp; Yamaguchi Financial Group Inc  | 365000 | 3865 |
| &nbsp;&nbsp;&nbsp; Yamaya Corp  | 2100 | 36 |
| &nbsp;&nbsp;&nbsp; Yaoko Co Ltd  | 27500 | 1786 |
| &nbsp;&nbsp;&nbsp; Yellow Hat  | 6000 | 63 |
| &nbsp;&nbsp;&nbsp; Zaoh Co Ltd  | 2000 | 34 |
| &nbsp;&nbsp;&nbsp; Zenkoku Hosho Co Ltd  | 12200 | 269 |
| &nbsp;&nbsp;&nbsp; Zenrin Co Ltd  | 33100 | 265 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Global Managed Volatility Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; ZERIA Pharmaceutical Co Ltd  | 34900 | $| 525 |
|  |  |  | 156206 |
| **Netherlands — 2.7%** | **Netherlands — 2.7%** | **Netherlands — 2.7%** | **Netherlands — 2.7%** |
| &nbsp;&nbsp;&nbsp; Acomo NV  | 18594 |  | 489 |
| &nbsp;&nbsp;&nbsp; ASR Nederland NV  | 59811 |  | 3834 |
| &nbsp;&nbsp;&nbsp; Heineken Holding NV  | 24315 |  | 1895 |
| &nbsp;&nbsp;&nbsp; Koninklijke Ahold Delhaize NV  | 547812 |  | 23116 |
| &nbsp;&nbsp;&nbsp; Koninklijke KPN NV  | 2087475 |  | 9812 |
| &nbsp;&nbsp;&nbsp; Nedap <sup>\*</sup> | 3342 |  | 241 |
| &nbsp;&nbsp;&nbsp; NN Group NV  | 133984 |  | 8429 |
| &nbsp;&nbsp;&nbsp; Wolters Kluwer NV  | 48752 |  | 8644 |
|  |  |  | 56460 |
| **New Zealand — 0.0%** | **New Zealand — 0.0%** | **New Zealand — 0.0%** | **New Zealand — 0.0%** |
| &nbsp;&nbsp;&nbsp; a2 Milk Co Ltd/The <sup>\*</sup> | 50412 |  | 270 |
| &nbsp;&nbsp;&nbsp; Channel Infrastructure NZ  | 36652 |  | 47 |
| &nbsp;&nbsp;&nbsp; Scales  | 10225 |  | 27 |
|  |  |  | 344 |
| **Norway — 1.3%** | **Norway — 1.3%** | **Norway — 1.3%** | **Norway — 1.3%** |
| &nbsp;&nbsp;&nbsp; AMSC ASA  | 83585 |  | 12 |
| &nbsp;&nbsp;&nbsp; DNB Bank ASA <sup>\*</sup> | 110588 |  | 2955 |
| &nbsp;&nbsp;&nbsp; Moreld  | 38926 |  | 50 |
| &nbsp;&nbsp;&nbsp; Orkla ASA <sup>\*</sup> | 1052500 |  | 11923 |
| &nbsp;&nbsp;&nbsp; Solstad Maritime  | 79812 |  | 172 |
| &nbsp;&nbsp;&nbsp; Sparebank 1 Oestlandet <sup>\*</sup> | 2941 |  | 53 |
| &nbsp;&nbsp;&nbsp; SpareBank 1 SMN <sup>\*</sup> | 58981 |  | 1112 |
| &nbsp;&nbsp;&nbsp; Sparebanken More <sup>\*</sup> | 280 |  | 3 |
| &nbsp;&nbsp;&nbsp; Sparebanken Vest <sup>\*</sup> | 14511 |  | 221 |
| &nbsp;&nbsp;&nbsp; Telenor ASA  | 637861 |  | 9784 |
| &nbsp;&nbsp;&nbsp; Veidekke ASA <sup>\*</sup> | 6922 |  | 104 |
|  |  |  | 26389 |
| **Portugal — 0.0%** | **Portugal — 0.0%** | **Portugal — 0.0%** | **Portugal — 0.0%** |
| &nbsp;&nbsp;&nbsp; NOS SGPS SA <sup>\*</sup> | 36350 |  | 159 |
| &nbsp;&nbsp;&nbsp; REN - Redes Energeticas Nacionais SGPS SA <sup>\*</sup> | 145584 |  | 486 |
| &nbsp;&nbsp;&nbsp; Sonae SGPS SA <sup>\*</sup> | 236465 |  | 328 |
|  |  |  | 973 |
| **Singapore — 1.8%** | **Singapore — 1.8%** | **Singapore — 1.8%** | **Singapore — 1.8%** |
| &nbsp;&nbsp;&nbsp; ComfortDelGro Corp Ltd  | 2639700 |  | 2905 |
| &nbsp;&nbsp;&nbsp; DBS Group Holdings Ltd  | 115720 |  | 3993 |
| &nbsp;&nbsp;&nbsp; Haw Par  | 19700 |  | 180 |
| &nbsp;&nbsp;&nbsp; Jardine Cycle & Carriage Ltd  | 149200 |  | 2826 |
| &nbsp;&nbsp;&nbsp; Oversea-Chinese Banking Corp Ltd  | 704300 |  | 8847 |
| &nbsp;&nbsp;&nbsp; Sheng Siong Group Ltd  | 1368033 |  | 1920 |
| &nbsp;&nbsp;&nbsp; Singapore Exchange Ltd  | 378100 |  | 4107 |
| &nbsp;&nbsp;&nbsp; Singapore Telecommunications Ltd  | 460200 |  | 1359 |
| &nbsp;&nbsp;&nbsp; United Overseas Bank Ltd  | 409400 |  | 11247 |
| &nbsp;&nbsp;&nbsp; Vicom  | 26700 |  | 30 |
|  |  |  | 37414 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Spain — 2.0%** | **Spain — 2.0%** | **Spain — 2.0%** |
| &nbsp;&nbsp;&nbsp; Distribuidora Internacional de Alimentacion <sup>\*</sup> | 2080 | $61 |
| &nbsp;&nbsp;&nbsp; Ebro Foods SA  | 34992 | 700 |
| &nbsp;&nbsp;&nbsp; Endesa SA  | 852444 | 26045 |
| &nbsp;&nbsp;&nbsp; Faes Farma  | 49670 | 246 |
| &nbsp;&nbsp;&nbsp; Logista Integral SA  | 317649 | 10256 |
| &nbsp;&nbsp;&nbsp; Miquel y Costas & Miquel SA  | 2889 | 46 |
| &nbsp;&nbsp;&nbsp; Repsol SA <sup>\*</sup> | 305879 | 4120 |
| &nbsp;&nbsp;&nbsp; Viscofan SA <sup>\*</sup> | 1579 | 114 |
|  |  | 41588 |
| **Sweden — 2.1%** | **Sweden — 2.1%** | **Sweden — 2.1%** |
| &nbsp;&nbsp;&nbsp; Autoliv Inc  | 53992 | 5552 |
| &nbsp;&nbsp;&nbsp; Scandi Standard  | 13036 | 123 |
| &nbsp;&nbsp;&nbsp; Svenska Handelsbanken AB, Cl A <sup>\*</sup> | 924391 | 12327 |
| &nbsp;&nbsp;&nbsp; Swedbank AB, Cl A <sup>\*</sup> | 334500 | 9040 |
| &nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM Ericsson, Cl B  | 1097322 | 9324 |
| &nbsp;&nbsp;&nbsp; Telia Co AB  | 2145066 | 8280 |
|  |  | 44646 |
| **Switzerland — 1.9%** | **Switzerland — 1.9%** | **Switzerland — 1.9%** |
| &nbsp;&nbsp;&nbsp; Allreal Holding AG <sup>\*</sup> | 1728 | 396 |
| &nbsp;&nbsp;&nbsp; Basellandschaftliche Kantonalbank <sup>\*</sup> | 37 | 42 |
| &nbsp;&nbsp;&nbsp; Bell Food Group AG <sup>\*</sup> | 531 | 170 |
| &nbsp;&nbsp;&nbsp; Berner Kantonalbank AG <sup>\*</sup> | 96 | 29 |
| &nbsp;&nbsp;&nbsp; BKW AG <sup>\*</sup> | 16384 | 3464 |
| &nbsp;&nbsp;&nbsp; Emmi AG <sup>\*</sup> | 714 | 727 |
| &nbsp;&nbsp;&nbsp; Galderma Group <sup>\*</sup> | 25050 | 3297 |
| &nbsp;&nbsp;&nbsp; Galenica <sup>\*</sup> | 16551 | 1717 |
| &nbsp;&nbsp;&nbsp; Givaudan SA <sup>\*</sup> | 367 | 1849 |
| &nbsp;&nbsp;&nbsp; Helvetia Holding AG <sup>\*</sup> | 2396 | 569 |
| &nbsp;&nbsp;&nbsp; Investis Holding SA <sup>\*</sup> | 813 | 121 |
| &nbsp;&nbsp;&nbsp; Sandoz Group AG <sup>\*</sup> | 34420 | 1754 |
| &nbsp;&nbsp;&nbsp; Schindler Holding AG <sup>\*</sup> | 15371 | 5487 |
| &nbsp;&nbsp;&nbsp; Swisscom AG <sup>\*</sup> | 13156 | 9065 |
| &nbsp;&nbsp;&nbsp; TE Connectivity PLC  | 68898 | 11029 |
| &nbsp;&nbsp;&nbsp; Walliser Kantonalbank <sup>\*</sup> | 637 | 100 |
|  |  | 39816 |
| **United Kingdom — 3.7%** | **United Kingdom — 3.7%** | **United Kingdom — 3.7%** |
| &nbsp;&nbsp;&nbsp; Aferian PLC, Cl A <sup>\*</sup> | 28544 | 2 |
| &nbsp;&nbsp;&nbsp; Auto Trader Group PLC  | 15246 | 163 |
| &nbsp;&nbsp;&nbsp; Balfour Beatty  | 1071100 | 7221 |
| &nbsp;&nbsp;&nbsp; British American Tobacco PLC  | 181222 | 8166 |
| &nbsp;&nbsp;&nbsp; CK Hutchison Holdings Ltd  | 449500 | 2513 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC  | 1293996 | 15258 |
| &nbsp;&nbsp;&nbsp; Imperial Brands PLC  | 560277 | 21267 |
| &nbsp;&nbsp;&nbsp; Kingfisher PLC  | 1216400 | 4558 |
| &nbsp;&nbsp;&nbsp; MP Evans Group PLC  | 6809 | 96 |
| &nbsp;&nbsp;&nbsp; Next PLC  | 6414 | 1114 |
| &nbsp;&nbsp;&nbsp; Odfjell Technology Ltd  | 214 | 1 |
| &nbsp;&nbsp;&nbsp; Sage Group PLC/The <sup>\*</sup> | 369080 | 6075 |
| &nbsp;&nbsp;&nbsp; Spirent Communications PLC <sup>\*</sup> | 674657 | 1715 |
| &nbsp;&nbsp;&nbsp; Standard Chartered PLC  | 550238 | 8592 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Tesco PLC <sup>\*</sup> | 295668 | $| 1549 |
|  |  |  | 78290 |
| **United States — 59.6%** | **United States — 59.6%** | **United States — 59.6%** | **United States — 59.6%** |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories  | 69752 |  | 9318 |
| &nbsp;&nbsp;&nbsp; Adobe Inc <sup>\*</sup> | 15879 |  | 6591 |
| &nbsp;&nbsp;&nbsp; Aflac Inc  | 27600 |  | 2858 |
| &nbsp;&nbsp;&nbsp; Albertsons Cos Inc, Cl A  | 399500 |  | 8881 |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings Inc  | 80600 |  | 8344 |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl A  | 24102 |  | 4139 |
| &nbsp;&nbsp;&nbsp; Altria Group Inc  | 322765 |  | 19563 |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc <sup>\*</sup> | 17299 |  | 3546 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd  | 211761 |  | 19431 |
| &nbsp;&nbsp;&nbsp; AMETEK Inc  | 6261 |  | 1119 |
| &nbsp;&nbsp;&nbsp; Apple Inc  | 45403 |  | 9119 |
| &nbsp;&nbsp;&nbsp; AptarGroup Inc  | 46109 |  | 7304 |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co  | 100900 |  | 4870 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics Inc <sup>\*</sup> | 85206 |  | 10087 |
| &nbsp;&nbsp;&nbsp; AT&T Inc  | 1306092 |  | 36309 |
| &nbsp;&nbsp;&nbsp; Autodesk Inc <sup>\*</sup> | 8316 |  | 2463 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc  | 30589 |  | 9958 |
| &nbsp;&nbsp;&nbsp; Avnet Inc  | 170691 |  | 8536 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp/The  | 151300 |  | 13407 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Inc, Cl B <sup>\*</sup> | 18784 |  | 9466 |
| &nbsp;&nbsp;&nbsp; Blue Owl Capital Corp  | 223500 |  | 3274 |
| &nbsp;&nbsp;&nbsp; Booking Holdings Inc  | 288 |  | 1589 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp <sup>\*</sup> | 50254 |  | 5290 |
| &nbsp;&nbsp;&nbsp; Box Inc, Cl A <sup>\*</sup> | 246261 |  | 9314 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co  | 277600 |  | 13403 |
| &nbsp;&nbsp;&nbsp; Bunge Global SA  | 60583 |  | 4735 |
| &nbsp;&nbsp;&nbsp; Campbell Soup Co  | 173900 |  | 5920 |
| &nbsp;&nbsp;&nbsp; Cardinal Health Inc  | 65347 |  | 10092 |
| &nbsp;&nbsp;&nbsp; Cargurus Inc, Cl A <sup>\*</sup> | 4113 |  | 129 |
| &nbsp;&nbsp;&nbsp; Cencora Inc  | 32526 |  | 9473 |
| &nbsp;&nbsp;&nbsp; Centene Corp <sup>\*</sup> | 169925 |  | 9591 |
| &nbsp;&nbsp;&nbsp; Chemed Corp  | 16430 |  | 9445 |
| &nbsp;&nbsp;&nbsp; Chevron Corp  | 58800 |  | 8038 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co Inc  | 85443 |  | 8400 |
| &nbsp;&nbsp;&nbsp; Cigna Group/The  | 21947 |  | 6949 |
| &nbsp;&nbsp;&nbsp; Cintas Corp  | 43657 |  | 9888 |
| &nbsp;&nbsp;&nbsp; Cisco Systems Inc  | 591206 |  | 37270 |
| &nbsp;&nbsp;&nbsp; Clorox Co/The  | 63978 |  | 8437 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co/The  | 122748 |  | 8850 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp, Cl A  | 187088 |  | 15152 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co  | 103775 |  | 9645 |
| &nbsp;&nbsp;&nbsp; Comcast Corp, Cl A  | 697033 |  | 24096 |
| &nbsp;&nbsp;&nbsp; CommVault Systems Inc <sup>\*</sup> | 35650 |  | 6529 |
| &nbsp;&nbsp;&nbsp; Conagra Brands Inc  | 140700 |  | 3221 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp  | 9205 |  | 9575 |
| &nbsp;&nbsp;&nbsp; CSG Systems International Inc  | 46100 |  | 3045 |
| &nbsp;&nbsp;&nbsp; Cummins Inc  | 10100 |  | 3247 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp  | 115700 |  | 7409 |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories Inc, Cl A  | 113366 |  | 8419 |
| &nbsp;&nbsp;&nbsp; Dropbox Inc, Cl A <sup>\*</sup> | 356417 |  | 10286 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; eBay Inc  | 291927 | $21360 |
| &nbsp;&nbsp;&nbsp; Ecolab Inc  | 30188 | 8019 |
| &nbsp;&nbsp;&nbsp; Electronic Arts Inc  | 62187 | 8941 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp  | 15285 | 1848 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd  | 7000 | 2430 |
| &nbsp;&nbsp;&nbsp; Evergy Inc  | 79166 | 5257 |
| &nbsp;&nbsp;&nbsp; Eversource Energy  | 119514 | 7746 |
| &nbsp;&nbsp;&nbsp; Exelixis Inc <sup>\*</sup> | 213118 | 9173 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp  | 51600 | 5279 |
| &nbsp;&nbsp;&nbsp; F5 Inc <sup>\*</sup> | 45360 | 12945 |
| &nbsp;&nbsp;&nbsp; Federated Hermes Inc, Cl B  | 121103 | 5111 |
| &nbsp;&nbsp;&nbsp; Ford Motor Co  | 233500 | 2424 |
| &nbsp;&nbsp;&nbsp; Fortinet Inc <sup>\*</sup> | 47689 | 4854 |
| &nbsp;&nbsp;&nbsp; Fox Corp  | 164010 | 9011 |
| &nbsp;&nbsp;&nbsp; Fresh Del Monte Produce Inc  | 114025 | 4027 |
| &nbsp;&nbsp;&nbsp; Gartner Inc <sup>\*</sup> | 1429 | 624 |
| &nbsp;&nbsp;&nbsp; Gen Digital Inc  | 277000 | 7889 |
| &nbsp;&nbsp;&nbsp; General Mills Inc  | 104469 | 5669 |
| &nbsp;&nbsp;&nbsp; General Motors Co  | 67700 | 3359 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences Inc  | 164741 | 18135 |
| &nbsp;&nbsp;&nbsp; Glatfelter Corp <sup>\*</sup> | 12267 | 147 |
| &nbsp;&nbsp;&nbsp; Golub Capital BDC Inc  | 92718 | 1410 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education Inc <sup>\*</sup> | 9045 | 1790 |
| &nbsp;&nbsp;&nbsp; GSK PLC  | 307800 | 6258 |
| &nbsp;&nbsp;&nbsp; H&R Block Inc  | 146730 | 8356 |
| &nbsp;&nbsp;&nbsp; Hartford Financial Services Group Inc/The  | 62900 | 8167 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc  | 15658 | 5972 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co  | 348800 | 6027 |
| &nbsp;&nbsp;&nbsp; Hologic Inc <sup>\*</sup> | 2916 | 181 |
| &nbsp;&nbsp;&nbsp; HP Inc  | 262400 | 6534 |
| &nbsp;&nbsp;&nbsp; Incyte Corp <sup>\*</sup> | 201257 | 13094 |
| &nbsp;&nbsp;&nbsp; Ingredion Inc  | 63617 | 8850 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange Inc  | 56267 | 10117 |
| &nbsp;&nbsp;&nbsp; InterDigital Inc  | 7618 | 1655 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp  | 48360 | 12528 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co/The  | 39600 | 4459 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  | 172281 | 26740 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp  | 130520 | 18764 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co/The  | 198400 | 5303 |
| &nbsp;&nbsp;&nbsp; Kroger Co/The  | 244382 | 16674 |
| &nbsp;&nbsp;&nbsp; Linde PLC  | 17043 | 7969 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp  | 17300 | 8345 |
| &nbsp;&nbsp;&nbsp; Loews Corp  | 64100 | 5724 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp  | 40470 | 6505 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos Inc  | 40816 | 9537 |
| &nbsp;&nbsp;&nbsp; Mastercard Inc, Cl A  | 17270 | 10113 |
| &nbsp;&nbsp;&nbsp; McKesson Corp  | 12878 | 9266 |
| &nbsp;&nbsp;&nbsp; Medtronic PLC  | 12455 | 1034 |
| &nbsp;&nbsp;&nbsp; Merck & Co Inc  | 226062 | 17371 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc, Cl A  | 1539 | 997 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp  | 24401 | 11233 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co, Cl B  | 222359 | 11916 |
| &nbsp;&nbsp;&nbsp; Mondelez International Inc, Cl A  | 32063 | 2164 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Global Managed Volatility Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Moody's Corp  | 11344 | $5437 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc  | 21856 | 9079 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co  | 98400 | 8122 |
| &nbsp;&nbsp;&nbsp; Nestle SA <sup>\*</sup> | 14964 | 1597 |
| &nbsp;&nbsp;&nbsp; NetScout Systems Inc <sup>\*</sup> | 180214 | 4116 |
| &nbsp;&nbsp;&nbsp; New Mountain Finance Corp  | 6644 | 72 |
| &nbsp;&nbsp;&nbsp; New York Times Co/The, Cl A  | 167442 | 9564 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp  | 17263 | 11118 |
| &nbsp;&nbsp;&nbsp; Novartis AG <sup>\*</sup> | 226179 | 26154 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp  | 88845 | 12006 |
| &nbsp;&nbsp;&nbsp; OGE Energy Corp  | 32208 | 1432 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp  | 240851 | 9104 |
| &nbsp;&nbsp;&nbsp; Organon & Co  | 30990 | 286 |
| &nbsp;&nbsp;&nbsp; PepsiCo Inc  | 62734 | 8246 |
| &nbsp;&nbsp;&nbsp; Pfizer Inc  | 734259 | 17248 |
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc  | 54961 | 9925 |
| &nbsp;&nbsp;&nbsp; Portland General Electric Co  | 100147 | 4246 |
| &nbsp;&nbsp;&nbsp; Premier Inc, Cl A  | 164067 | 3770 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co/The  | 57271 | 9730 |
| &nbsp;&nbsp;&nbsp; Progress Software Corp  | 54700 | 3367 |
| &nbsp;&nbsp;&nbsp; Provident Financial Holdings Inc  | 2655 | 41 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals Inc <sup>\*</sup> | 6829 | 3348 |
| &nbsp;&nbsp;&nbsp; Republic Services Inc, Cl A  | 39986 | 10288 |
| &nbsp;&nbsp;&nbsp; Roche Holding AG <sup>\*</sup> | 45949 | 14911 |
| &nbsp;&nbsp;&nbsp; Rollins Inc  | 34555 | 1978 |
| &nbsp;&nbsp;&nbsp; Roper Technologies Inc  | 16193 | 9234 |
| &nbsp;&nbsp;&nbsp; Royal Gold Inc  | 12224 | 2177 |
| &nbsp;&nbsp;&nbsp; Sanofi SA <sup>\*</sup> | 52674 | 5216 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp  | 44987 | 5198 |
| &nbsp;&nbsp;&nbsp; Service Corp International/US  | 51486 | 4016 |
| &nbsp;&nbsp;&nbsp; Shell PLC  | 237232 | 7834 |
| &nbsp;&nbsp;&nbsp; Sonoco Products Co  | 51900 | 2364 |
| &nbsp;&nbsp;&nbsp; Spectrum Brands Holdings Inc  | 7209 | 416 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA <sup>\*</sup> | 6611 | 4397 |
| &nbsp;&nbsp;&nbsp; Stryker Corp  | 17764 | 6797 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp  | 47306 | 5740 |
| &nbsp;&nbsp;&nbsp; TEGNA Inc  | 302600 | 5059 |
| &nbsp;&nbsp;&nbsp; TJX Cos Inc/The  | 33992 | 4314 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc  | 38730 | 9380 |
| &nbsp;&nbsp;&nbsp; Tyler Technologies Inc <sup>\*</sup> | 6195 | 3574 |
| &nbsp;&nbsp;&nbsp; UL Solutions Inc, Cl A  | 128842 | 9212 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp <sup>\*</sup> | 16686 | 5320 |
| &nbsp;&nbsp;&nbsp; Unum Group  | 135466 | 11069 |
| &nbsp;&nbsp;&nbsp; Veeva Systems Inc, Cl A <sup>\*</sup> | 6577 | 1840 |
| &nbsp;&nbsp;&nbsp; Veralto Corp  | 62702 | 6335 |
| &nbsp;&nbsp;&nbsp; Verisk Analytics Inc, Cl A  | 1534 | 482 |
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc  | 808751 | 35553 |
| &nbsp;&nbsp;&nbsp; Visa Inc, Cl A  | 27179 | 9926 |
| &nbsp;&nbsp;&nbsp; Walmart Inc  | 61061 | 6028 |
| &nbsp;&nbsp;&nbsp; Waste Connections Inc  | 45276 | 8923 |
| &nbsp;&nbsp;&nbsp; Waste Management Inc  | 38869 | 9366 |
| &nbsp;&nbsp;&nbsp; Western Union Co/The  | 535000 | 4965 |
| &nbsp;&nbsp;&nbsp; WK Kellogg Co  | 27325 | 462 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Zoom Video Communications Inc, Cl A <sup>\*</sup> | 3501 | $284 |
|  |  | 1245987 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,807,337) ($ Thousands) |  | 2051550 |
| **PREFERRED STOCK — 0.3%** | **PREFERRED STOCK — 0.3%** | **PREFERRED STOCK — 0.3%** |
| **Germany — 0.3%** | **Germany — 0.3%** | **Germany — 0.3%** |
| &nbsp;&nbsp;&nbsp; Henkel AG & Co KGaA <sup>\*</sup>(A) | 63903 | 5119 |
|  Total Preferred Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $4,986) ($ Thousands) |  | 5119 |
| **CASH EQUIVALENT — 0.8%** | **CASH EQUIVALENT — 0.8%** | **CASH EQUIVALENT — 0.8%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 17022704 | 17023 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $17,023) ($ Thousands) |  | 17023 |
| Total Investments in Securities — 99.2% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,829,346) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $1,829,346) ($ Thousands)  | $2073692 |

---

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Euro STOXX 50 | 10 | Jun-2025 | $609 | $610 | $(7) |
| &nbsp;&nbsp; FTSE 100 Index | 5 | Jun-2025 | 580 | 592 | 5 |
| &nbsp;&nbsp; Hang Seng Index | 2 | Jun-2025 | 297 | 296 | (1) |
| &nbsp;&nbsp; S&P 500 Index E-MINI | 15 | Jun-2025 | 4458 | 4438 | (20) |
| &nbsp;&nbsp; SPI 200 Index | 7 | Jun-2025 | 940 | 952 | 6 |
| &nbsp;&nbsp; TOPIX Index | 3 | Jun-2025 | 571 | 581 | 12 |
|  |  |  | $7455 | $7469 | $(5) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: |
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| Barclays PLC | 06/06/25 | NOK | 169283 | USD | 16328 | $(241) |
| Barclays PLC | 06/09/25 | SEK | 213953 | USD | 22210 | (79) |
| BNP Paribas | 06/06/25 | SGD | 22048 | USD | 17048 | (56) |
| BNP Paribas | 06/06/25 | CHF | 31477 | USD | 38349 | 4 |
| BNP Paribas | 06/06/25 | HKD | 136092 | USD | 17564 | 198 |
| Brown Brothers Harriman | 06/06/25 | USD | 392 | AUD | 612 | 1 |
| Brown Brothers Harriman | 06/06/25 | USD | 637 | AUD | 986 | (2) |
| Brown Brothers Harriman | 06/06/25 | USD | 2541 | HKD | 19839 | (9) |
| Brown Brothers Harriman | 06/06/25 | USD | 2343 | SGD | 3028 | 6 |
| Brown Brothers Harriman | 06/06/25 | USD | 300 | SGD | 387 | (1) |
| Brown Brothers Harriman | 06/06/25 | CHF | 1285 | USD | 1566 | 1 |
| Brown Brothers Harriman | 06/06/25 | CHF | 3465 | USD | 4161 | (60) |
| Brown Brothers Harriman | 06/06/25 | AUD | 3700 | USD | 2390 | 9 |
| Brown Brothers Harriman | 06/06/25 | AUD | 1214 | USD | 777 | (4) |
| Brown Brothers Harriman | 06/06/25 | DKK | 5019 | USD | 758 | (6) |
| Brown Brothers Harriman | 06/06/25 | USD | 4849 | NOK | 50118 | 56 |
| Brown Brothers Harriman | 06/06/25 | USD | 914 | NOK | 9311 | (3) |
| Brown Brothers Harriman | 06/06/25 | SGD | 1261 | USD | 981 | 3 |
| Brown Brothers Harriman | 06/06/25 | SGD | 4553 | USD | 3511 | (22) |
| Brown Brothers Harriman | 06/06/25 | USD | 6468 | GBP | 4830 | 45 |
| Brown Brothers Harriman | 06/06/25 | USD | 135 | GBP | 100 |  |
| Brown Brothers Harriman | 06/06/25 | USD | 6357 | CAD | 8828 | 65 |
| Brown Brothers Harriman | 06/06/25 | USD | 426 | CAD | 585 |  |
| Brown Brothers Harriman | 06/06/25 | USD | 6040 | CHF | 5020 | 75 |
| Brown Brothers Harriman | 06/06/25 | USD | 827 | CHF | 678 | (1) |
| Brown Brothers Harriman | 06/06/25 | GBP | 1285 | USD | 1733 | 1 |
| Brown Brothers Harriman | 06/06/25 | GBP | 5850 | USD | 7797 | (92) |
| Brown Brothers Harriman | 06/06/25 | USD | 7683 | DKK | 51030 | 87 |
| Brown Brothers Harriman | 06/06/25 | USD | 190 | DKK | 1242 | (1) |
| Brown Brothers Harriman | 06/06/25 | CAD | 9428 | USD | 6796 | (64) |
| Brown Brothers Harriman | 06/06/25 | USD | 10574 | JPY | 1536872 | 85 |
| Brown Brothers Harriman | 06/06/25 | USD | 6702 | JPY | 961216 | (36) |
| Brown Brothers Harriman | 06/06/25 | USD | 15326 | EUR | 13582 | 99 |
| Brown Brothers Harriman | 06/06/25 | USD | 1980 | EUR | 1738 | (5) |
| Brown Brothers Harriman | 06/06/25 | NOK | 5632 | USD | 556 | 5 |
| Brown Brothers Harriman | 06/06/25 | NOK | 14703 | USD | 1420 | (19) |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Global Managed Volatility Fund** (Concluded)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| Brown Brothers Harriman | 06/06/25 | EUR | 1122 | USD | 1274 | $— |
| Brown Brothers Harriman | 06/06/25 | EUR | 28451 | USD | 32003 | (308) |
| Brown Brothers Harriman | 06/06/25 | HKD | 57944 | USD | 7429 | 36 |
| Brown Brothers Harriman | 06/06/25 | JPY | 527068 | USD | 3694 | 39 |
| Brown Brothers Harriman | 06/06/25 | JPY | 1529026 | USD | 10524 | (80) |
| Brown Brothers Harriman | 06/09/25 | USD | 4920 | SEK | 47599 | 39 |
| Brown Brothers Harriman | 06/09/25 | USD | 1097 | SEK | 10493 | (4) |
| Brown Brothers Harriman | 06/09/25 | SEK | 6694 | USD | 703 | 5 |
| Brown Brothers Harriman | 06/09/25 | SEK | 24117 | USD | 2491 | (21) |
| Standard Chartered | 06/06/25 | AUD | 8683 | USD | 5591 | 3 |
| Standard Chartered | 06/06/25 | GBP | 33312 | USD | 44321 | (601) |
| Westpac Banking | 06/06/25 | CAD | 65302 | USD | 47333 | (177) |
| Westpac Banking | 06/06/25 | DKK | 67823 | USD | 10327 |  |
| Westpac Banking | 06/06/25 | EUR | 95873 | USD | 108975 | 95 |
| Westpac Banking | 06/06/25 | JPY | 12387827 | USD | 85994 | 83 |
|  |  |  |  |  |  | $(852) |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $2,090,473 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (A) | No interest rate available. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1<br> ($)** | **Level 2<br> ($)** | **Level 3<br> ($)** | **Total<br> ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 2033120 | 18430 |  | 2051550 |
| &nbsp;&nbsp;&nbsp; Preferred Stock | 5119 |  |  | 5119 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 17023 | – |  | 17023 |
|  Total Investments in Securities | 2055262 | 18430 |  | 2073692 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 23 |  |  | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (28) |  |  | (28) |
| &nbsp;&nbsp;&nbsp; Forward Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation |  | 1040 |  | 1040 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | – | (1892) |  | (1892) |
| Total Other Financial Instruments | (5) | (852) |  | (857) |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Liquidity Fund, LP  | $13765 | $3 | $(13745) | $3 | $(26) | $— | $2 | $— |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | 15279 | 647209 | (645465) |  |  | 17023 | 1259 |  |
| Totals  | $29044 | $647212 | $(659210) | $3 | $(26) | $17023 | $1261 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**World Equity Ex-US Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 94.7%** | **COMMON STOCK — 94.7%** | **COMMON STOCK — 94.7%** |
| **Argentina — 0.0%** | **Argentina — 0.0%** | **Argentina — 0.0%** |
| &nbsp;&nbsp;&nbsp; Vista Energy SAB de CV ADR <sup>\*</sup> | 29569 | $1464 |
| **Australia — 2.8%** | **Australia — 2.8%** | **Australia — 2.8%** |
| &nbsp;&nbsp;&nbsp; ANZ Group Holdings Ltd  | 90517 | 1691 |
| &nbsp;&nbsp;&nbsp; Aristocrat Leisure Ltd  | 701595 | 28146 |
| &nbsp;&nbsp;&nbsp; Aurelia Metals Ltd <sup>\*</sup> | 381151 | 74 |
| &nbsp;&nbsp;&nbsp; Bank of Queensland Ltd  | 7243 | 36 |
| &nbsp;&nbsp;&nbsp; BlueScope Steel Ltd  | 1184836 | 17364 |
| &nbsp;&nbsp;&nbsp; Brambles Ltd  | 819477 | 12238 |
| &nbsp;&nbsp;&nbsp; Charter Hall Group <sup>‡</sup> | 124856 | 1462 |
| &nbsp;&nbsp;&nbsp; Cochlear Ltd  | 29847 | 5210 |
| &nbsp;&nbsp;&nbsp; Coles Group Ltd  | 105010 | 1460 |
| &nbsp;&nbsp;&nbsp; Commonwealth Bank of Australia  | 81720 | 9258 |
| &nbsp;&nbsp;&nbsp; Computershare Ltd  | 1529723 | 39541 |
| &nbsp;&nbsp;&nbsp; Eagers Automotive Ltd  | 120235 | 1343 |
| &nbsp;&nbsp;&nbsp; Emerald Resources NL <sup>\*</sup> | 555685 | 1707 |
| &nbsp;&nbsp;&nbsp; Evolution Mining Ltd  | 730538 | 4188 |
| &nbsp;&nbsp;&nbsp; Gold Road Resources Ltd  | 1073063 | 2358 |
| &nbsp;&nbsp;&nbsp; JB Hi-Fi Ltd  | 15550 | 1079 |
| &nbsp;&nbsp;&nbsp; Netwealth Group Ltd  | 134163 | 2766 |
| &nbsp;&nbsp;&nbsp; Northern Star Resources Ltd  | 1161148 | 15764 |
| &nbsp;&nbsp;&nbsp; OceanaGold Corp  | 256500 | 1140 |
| &nbsp;&nbsp;&nbsp; Orica Ltd  | 226404 | 2738 |
| &nbsp;&nbsp;&nbsp; Pro Medicus Ltd  | 140249 | 25385 |
| &nbsp;&nbsp;&nbsp; Qantas Airways Ltd  | 1502782 | 10254 |
| &nbsp;&nbsp;&nbsp; Qube Holdings Ltd  | 984589 | 2686 |
| &nbsp;&nbsp;&nbsp; Ramelius Resources Ltd  | 847260 | 1581 |
| &nbsp;&nbsp;&nbsp; REA Group Ltd  | 33456 | 5159 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Ltd  | 423573 | 30753 |
| &nbsp;&nbsp;&nbsp; Sigma Healthcare Ltd  | 1545635 | 3103 |
| &nbsp;&nbsp;&nbsp; Technology One Ltd  | 315449 | 8338 |
| &nbsp;&nbsp;&nbsp; Vault Minerals Ltd <sup>\*</sup> | 6451459 | 1882 |
|  |  | 238704 |
| **Austria — 0.3%** | **Austria — 0.3%** | **Austria — 0.3%** |
| &nbsp;&nbsp;&nbsp; Erste Group Bank AG  | 255530 | 20574 |
| &nbsp;&nbsp;&nbsp; Raiffeisen Bank International AG  | 89463 | 2735 |
|  |  | 23309 |
| **Belgium — 0.8%** | **Belgium — 0.8%** | **Belgium — 0.8%** |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch InBev SA/NV  | 506184 | 35737 |
| &nbsp;&nbsp;&nbsp; Barco NV  | 7945 | 117 |
| &nbsp;&nbsp;&nbsp; KBC Group NV  | 12777 | 1263 |
| &nbsp;&nbsp;&nbsp; Syensqo SA  | 401581 | 30816 |
|  |  | 67933 |
| **Brazil — 2.2%** | **Brazil — 2.2%** | **Brazil — 2.2%** |
| &nbsp;&nbsp;&nbsp; Ambev SA  | 21399530 | 52154 |
| &nbsp;&nbsp;&nbsp; Banco do Brasil SA  | 9303100 | 38011 |
| &nbsp;&nbsp;&nbsp; Bemobi Mobile Tech SA  | 30600 | 102 |
| &nbsp;&nbsp;&nbsp; BRF SA  | 928279 | 3300 |
| &nbsp;&nbsp;&nbsp; Cia de Saneamento Basico do Estado de Sao Paulo SABESP  | 91900 | 1884 |
| &nbsp;&nbsp;&nbsp; Cogna Educacao SA  | 1873876 | 964 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; JBS S/A  | 605400 | $| 4235 |
| &nbsp;&nbsp;&nbsp; Pagseguro Digital Ltd, Cl A  | 203496 |  | 1813 |
| &nbsp;&nbsp;&nbsp; Pluxee NV  | 378696 |  | 8511 |
| &nbsp;&nbsp;&nbsp; Ser Educacional SA  | 19600 |  | 35 |
| &nbsp;&nbsp;&nbsp; Tegma Gestao Logistica SA  | 16400 |  | 105 |
| &nbsp;&nbsp;&nbsp; Telefonica Brasil SA  | 7000000 |  | 34878 |
| &nbsp;&nbsp;&nbsp; TIM SA/Brazil  | 267000 |  | 903 |
| &nbsp;&nbsp;&nbsp; TOTVS SA  | 3861100 |  | 28790 |
| &nbsp;&nbsp;&nbsp; Ultrapar Participacoes SA  | 271700 |  | 770 |
| &nbsp;&nbsp;&nbsp; Vale SA  | 727800 |  | 6632 |
| &nbsp;&nbsp;&nbsp; VTEX, Cl A <sup>\*</sup> | 27816 |  | 178 |
| &nbsp;&nbsp;&nbsp; Wheaton Precious Metals Corp  | 38135 |  | 3298 |
| &nbsp;&nbsp;&nbsp; XP Inc, Cl A  | 41549 |  | 804 |
|  |  |  | 187367 |
| **Cameroon — 0.0%** | **Cameroon — 0.0%** | **Cameroon — 0.0%** | **Cameroon — 0.0%** |
| &nbsp;&nbsp;&nbsp; Golar LNG Ltd  | 55985 |  | 2304 |
| **Canada — 4.7%** | **Canada — 4.7%** | **Canada — 4.7%** | **Canada — 4.7%** |
| &nbsp;&nbsp;&nbsp; Aecon Group Inc  | 9600 |  | 132 |
| &nbsp;&nbsp;&nbsp; Agnico Eagle Mines Ltd  | 77640 |  | 9135 |
| &nbsp;&nbsp;&nbsp; Alamos Gold Inc, Cl A  | 140877 |  | 3641 |
| &nbsp;&nbsp;&nbsp; Aritzia Inc <sup>\*</sup> | 74465 |  | 3607 |
| &nbsp;&nbsp;&nbsp; Atco Ltd/Canada, Cl I  | 82496 |  | 3089 |
| &nbsp;&nbsp;&nbsp; AutoCanada Inc <sup>\*</sup> | 2500 |  | 40 |
| &nbsp;&nbsp;&nbsp; Barrick Gold Corp  | 1859769 |  | 35601 |
| &nbsp;&nbsp;&nbsp; Birchcliff Energy Ltd  | 468501 |  | 2208 |
| &nbsp;&nbsp;&nbsp; Bird Construction Inc  | 3200 |  | 63 |
| &nbsp;&nbsp;&nbsp; Brookfield Corp, Cl A  | 31302 |  | 1804 |
| &nbsp;&nbsp;&nbsp; Calfrac Well Services Ltd <sup>\*</sup> | 14470 |  | 34 |
| &nbsp;&nbsp;&nbsp; Canaccord Genuity Group Inc  | 47265 |  | 320 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce  | 365690 |  | 24849 |
| &nbsp;&nbsp;&nbsp; Canadian Natural Resources Ltd  | 148946 |  | 4514 |
| &nbsp;&nbsp;&nbsp; CCL Industries Inc, Cl B  | 67244 |  | 3914 |
| &nbsp;&nbsp;&nbsp; Celestica Inc <sup>\*</sup> | 39115 |  | 4521 |
| &nbsp;&nbsp;&nbsp; Cenovus Energy Inc  | 182800 |  | 2404 |
| &nbsp;&nbsp;&nbsp; Centerra Gold Inc  | 193899 |  | 1381 |
| &nbsp;&nbsp;&nbsp; CES Energy Solutions Corp  | 104504 |  | 475 |
| &nbsp;&nbsp;&nbsp; Cogeco Inc  | 1976 |  | 94 |
| &nbsp;&nbsp;&nbsp; Coveo Solutions Inc <sup>\*</sup> | 19580 |  | 99 |
| &nbsp;&nbsp;&nbsp; Dollarama Inc  | 482848 |  | 61982 |
| &nbsp;&nbsp;&nbsp; Dundee Precious Metals Inc  | 411200 |  | 6325 |
| &nbsp;&nbsp;&nbsp; Dynacor Group Inc  | 3800 |  | 13 |
| &nbsp;&nbsp;&nbsp; E-L Financial Corp Ltd  | 100 |  | 121 |
| &nbsp;&nbsp;&nbsp; Emera Inc  | 174368 |  | 7978 |
| &nbsp;&nbsp;&nbsp; Empire Co Ltd, Cl A  | 556707 |  | 21447 |
| &nbsp;&nbsp;&nbsp; Enerflex Ltd  | 64000 |  | 450 |
| &nbsp;&nbsp;&nbsp; Enghouse Systems Ltd  | 66097 |  | 1269 |
| &nbsp;&nbsp;&nbsp; Evertz Technologies Ltd  | 2800 |  | 24 |
| &nbsp;&nbsp;&nbsp; Finning International Inc  | 152860 |  | 5632 |
| &nbsp;&nbsp;&nbsp; FirstService Corp  | 4700 |  | 822 |
| &nbsp;&nbsp;&nbsp; Fortuna Mining Corp <sup>\*</sup> | 4700 |  | 27 |
| &nbsp;&nbsp;&nbsp; George Weston Ltd  | 9500 |  | 1909 |
| &nbsp;&nbsp;&nbsp; iA Financial Corp Inc  | 239037 |  | 24291 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**World Equity Ex-US Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Jaguar Mining Inc <sup>\*</sup> | 45500 | $| 124 |
| &nbsp;&nbsp;&nbsp; K92 Mining Inc <sup>\*</sup> | 204869 |  | 2123 |
| &nbsp;&nbsp;&nbsp; Kinaxis Inc <sup>\*</sup> | 3000 |  | 426 |
| &nbsp;&nbsp;&nbsp; Kinross Gold Corp  | 441521 |  | 6506 |
| &nbsp;&nbsp;&nbsp; Leon's Furniture Ltd  | 3400 |  | 68 |
| &nbsp;&nbsp;&nbsp; Lundin Gold Inc  | 69338 |  | 3344 |
| &nbsp;&nbsp;&nbsp; Magellan Aerospace Corp  | 3000 |  | 38 |
| &nbsp;&nbsp;&nbsp; Magna International Inc, Cl A  | 651080 |  | 23599 |
| &nbsp;&nbsp;&nbsp; Manulife Financial Corp  | 374937 |  | 11917 |
| &nbsp;&nbsp;&nbsp; Martinrea International Inc  | 32475 |  | 199 |
| &nbsp;&nbsp;&nbsp; MDA Space Ltd <sup>\*</sup> | 102131 |  | 2109 |
| &nbsp;&nbsp;&nbsp; National Bank of Canada  | 48979 |  | 4812 |
| &nbsp;&nbsp;&nbsp; North West Co Inc/The  | 69518 |  | 2895 |
| &nbsp;&nbsp;&nbsp; Paramount Resources Ltd, Cl A  | 13200 |  | 183 |
| &nbsp;&nbsp;&nbsp; Pason Systems Inc  | 8947 |  | 79 |
| &nbsp;&nbsp;&nbsp; Peyto Exploration & Development Corp  | 114059 |  | 1535 |
| &nbsp;&nbsp;&nbsp; Quebecor Inc, Cl B  | 62100 |  | 1744 |
| &nbsp;&nbsp;&nbsp; Saputo Inc  | 58900 |  | 1133 |
| &nbsp;&nbsp;&nbsp; Secure Energy Services Inc  | 128478 |  | 1432 |
| &nbsp;&nbsp;&nbsp; Shopify Inc, Cl A <sup>\*</sup> | 44465 |  | 4742 |
| &nbsp;&nbsp;&nbsp; SSR Mining Inc <sup>\*</sup> | 89200 |  | 1055 |
| &nbsp;&nbsp;&nbsp; Stantec Inc  | 67998 |  | 6982 |
| &nbsp;&nbsp;&nbsp; StorageVault Canada Inc  | 54500 |  | 164 |
| &nbsp;&nbsp;&nbsp; Suncor Energy Inc  | 900139 |  | 31941 |
| &nbsp;&nbsp;&nbsp; Tamarack Valley Energy Ltd  | 796136 |  | 2530 |
| &nbsp;&nbsp;&nbsp; TELUS International CDA Inc <sup>\*</sup> | 10500 |  | 30 |
| &nbsp;&nbsp;&nbsp; TerraVest Industries Inc  | 27929 |  | 3438 |
| &nbsp;&nbsp;&nbsp; TMX Group Ltd  | 302961 |  | 12222 |
| &nbsp;&nbsp;&nbsp; Torex Gold Resources Inc <sup>\*</sup> | 67152 |  | 2152 |
| &nbsp;&nbsp;&nbsp; Toromont Industries Ltd  | 282517 |  | 24453 |
| &nbsp;&nbsp;&nbsp; TransAlta Corp  | 235431 |  | 2296 |
| &nbsp;&nbsp;&nbsp; Victoria Gold Corp/Vancouver <sup>\*</sup> | 1652 |  |  |
| &nbsp;&nbsp;&nbsp; Wajax Corp  | 4700 |  | 77 |
| &nbsp;&nbsp;&nbsp; Winpak Ltd  | 9784 |  | 314 |
|  |  |  | 390877 |
| **Chile — 0.1%** | **Chile — 0.1%** | **Chile — 0.1%** | **Chile — 0.1%** |
| &nbsp;&nbsp;&nbsp; Banco de Chile ADR  | 25603 |  | 773 |
| &nbsp;&nbsp;&nbsp; Cia Cervecerias Unidas SA ADR  | 76859 |  | 1048 |
| &nbsp;&nbsp;&nbsp; Falabella SA  | 539778 |  | 2578 |
|  |  |  | 4399 |
| **China — 5.9%** | **China — 5.9%** | **China — 5.9%** | **China — 5.9%** |
| &nbsp;&nbsp;&nbsp; Agricultural Bank of China Ltd, Cl H  | 33727000 |  | 21609 |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd  | 2879300 |  | 40993 |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd ADR  | 80243 |  | 9135 |
| &nbsp;&nbsp;&nbsp; Aluminum Corp of China Ltd, Cl H  | 2280000 |  | 1324 |
| &nbsp;&nbsp;&nbsp; Anji Microelectronics Technology Shanghai Co Ltd, Cl A  | 63446 |  | 1498 |
| &nbsp;&nbsp;&nbsp; Anker Innovations Technology Co Ltd, Cl A  | 152770 |  | 2156 |
| &nbsp;&nbsp;&nbsp; ATRenew Inc ADR <sup>\*</sup> | 16321 |  | 42 |
| &nbsp;&nbsp;&nbsp; Autohome Inc ADR  | 15425 |  | 378 |
| &nbsp;&nbsp;&nbsp; BAIC Motor Corp Ltd, Cl H  | 430500 |  | 108 |
| &nbsp;&nbsp;&nbsp; Baidu Inc, Cl A <sup>\*</sup> | 2613200 |  | 26821 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; BeiGene Ltd <sup>\*</sup> | 86700 | $1653 |
| &nbsp;&nbsp;&nbsp; Beijing Enlight Media Co Ltd, Cl A  | 673400 | 1633 |
| &nbsp;&nbsp;&nbsp; Bilibili Inc, Cl Z <sup>\*</sup> | 419610 | 7693 |
| &nbsp;&nbsp;&nbsp; Bluestar Adisseo Co, Cl A  | 1266700 | 1688 |
| &nbsp;&nbsp;&nbsp; BOC Hong Kong Holdings Ltd  | 576000 | 2422 |
| &nbsp;&nbsp;&nbsp; Bohai Leasing Co Ltd, Cl A <sup>\*</sup> | 4707100 | 2137 |
| &nbsp;&nbsp;&nbsp; BYD Co Ltd, Cl H  | 80500 | 4000 |
| &nbsp;&nbsp;&nbsp; China Construction Bank Corp, Cl H  | 35680000 | 31899 |
| &nbsp;&nbsp;&nbsp; China Leon Inspection Holding Ltd  | 118204 | 36 |
| &nbsp;&nbsp;&nbsp; China Merchants Bank Co Ltd, Cl H  | 2974000 | 18412 |
| &nbsp;&nbsp;&nbsp; China New Higher Education Group Ltd  | 1739416 | 204 |
| &nbsp;&nbsp;&nbsp; China Overseas Land & Investment Ltd  | 18012500 | 30093 |
| &nbsp;&nbsp;&nbsp; China Taiping Insurance Holdings Co Ltd  | 734800 | 1125 |
| &nbsp;&nbsp;&nbsp; China Yongda Automobiles Services Holdings Ltd  | 224500 | 69 |
| &nbsp;&nbsp;&nbsp; CNOOC Energy Technology & Services Ltd, Cl A  | 2650500 | 1519 |
| &nbsp;&nbsp;&nbsp; Dong-E-E-Jiao Co Ltd, Cl A  | 230866 | 1753 |
| &nbsp;&nbsp;&nbsp; Eastroc Beverage Group Co Ltd, Cl A  | 150310 | 6673 |
| &nbsp;&nbsp;&nbsp; Edvantage Group Holdings Ltd  | 263211 | 50 |
| &nbsp;&nbsp;&nbsp; FIH Mobile Ltd <sup>\*</sup> | 32300 | 38 |
| &nbsp;&nbsp;&nbsp; Gambol Pet Group Co Ltd, Cl A  | 101900 | 1526 |
| &nbsp;&nbsp;&nbsp; Geely Automobile Holdings Ltd  | 1487000 | 3314 |
| &nbsp;&nbsp;&nbsp; Giant Biogene Holding Co ltd  | 178000 | 1604 |
| &nbsp;&nbsp;&nbsp; Guoquan Food Shanghai Co Ltd  | 2021600 | 822 |
| &nbsp;&nbsp;&nbsp; Haier Smart Home Co Ltd, Cl A  | 9447200 | 27511 |
| &nbsp;&nbsp;&nbsp; Hello Group Inc ADR  | 20685 | 126 |
| &nbsp;&nbsp;&nbsp; Hunan Gold Corp Ltd, Cl A  | 463600 | 1448 |
| &nbsp;&nbsp;&nbsp; iDreamSky Technology Holdings Ltd <sup>\*</sup> | 1412400 | 133 |
| &nbsp;&nbsp;&nbsp; Industrial & Commercial Bank of China Ltd, Cl H  | 9191000 | 6666 |
| &nbsp;&nbsp;&nbsp; iQIYI Inc ADR <sup>\*</sup> | 524006 | 838 |
| &nbsp;&nbsp;&nbsp; JD Logistics Inc <sup>\*</sup> | 1133200 | 1783 |
| &nbsp;&nbsp;&nbsp; JD.com Inc, Cl A  | 652600 | 10561 |
| &nbsp;&nbsp;&nbsp; JOYY Inc ADR  | 113942 | 5456 |
| &nbsp;&nbsp;&nbsp; Kingsoft Corp Ltd  | 306400 | 1299 |
| &nbsp;&nbsp;&nbsp; Kuaishou Technology, Cl B <sup>\*</sup> | 2849700 | 19155 |
| &nbsp;&nbsp;&nbsp; Lee & Man Chemical Co Ltd  | 26966 | 13 |
| &nbsp;&nbsp;&nbsp; Lenovo Group Ltd  | 7346000 | 8386 |
| &nbsp;&nbsp;&nbsp; Linklogis Inc, Cl B  | 180000 | 28 |
| &nbsp;&nbsp;&nbsp; Lonking Holdings Ltd  | 114756 | 27 |
| &nbsp;&nbsp;&nbsp; Meituan, Cl B <sup>\*</sup> | 272900 | 4719 |
| &nbsp;&nbsp;&nbsp; Midea Group Co Ltd, Cl A  | 337800 | 3701 |
| &nbsp;&nbsp;&nbsp; NetDragon Websoft Holdings Ltd  | 179260 | 219 |
| &nbsp;&nbsp;&nbsp; NetEase Cloud Music Inc <sup>\*</sup> | 4350 | 117 |
| &nbsp;&nbsp;&nbsp; NetEase Inc  | 1127500 | 27259 |
| &nbsp;&nbsp;&nbsp; Newborn Town Inc <sup>\*</sup> | 448000 | 560 |
| &nbsp;&nbsp;&nbsp; Nexteer Automotive Group Ltd  | 201000 | 147 |
| &nbsp;&nbsp;&nbsp; Ningbo Shuanglin Auto Parts Co Ltd, Cl A  | 234400 | 1370 |
| &nbsp;&nbsp;&nbsp; PDD Holdings Inc ADR <sup>\*</sup> | 37634 | 3632 |
| &nbsp;&nbsp;&nbsp; Ping An Insurance Group Co of China Ltd, Cl H  | 274500 | 1603 |
| &nbsp;&nbsp;&nbsp; Pop Mart International Group Ltd  | 162200 | 4533 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Postal Savings Bank of China Co Ltd, Cl H  | 7420000 | $| 4811 |
| &nbsp;&nbsp;&nbsp; Prosus NV  | 68693 |  | 3528 |
| &nbsp;&nbsp;&nbsp; Shandong Himile Mechanical Science & Technology Co Ltd, Cl A  | 307200 |  | 2614 |
| &nbsp;&nbsp;&nbsp; Shanghai Allist Pharmaceuticals Co Ltd, Cl A  | 237494 |  | 3228 |
| &nbsp;&nbsp;&nbsp; Sichuan Biokin Pharmaceutical Co Ltd, Cl A <sup>\*</sup> | 43537 |  | 1815 |
| &nbsp;&nbsp;&nbsp; SITC International Holdings Co Ltd  | 1805670 |  | 5762 |
| &nbsp;&nbsp;&nbsp; TCL Electronics Holdings Ltd  | 197000 |  | 255 |
| &nbsp;&nbsp;&nbsp; Tencent Holdings Ltd  | 888200 |  | 55991 |
| &nbsp;&nbsp;&nbsp; Tongdao Liepin Group  | 22862 |  | 10 |
| &nbsp;&nbsp;&nbsp; Topsports International Holdings Ltd  | 347000 |  | 124 |
| &nbsp;&nbsp;&nbsp; Ugreen Group Ltd, Cl A  | 353900 |  | 2505 |
| &nbsp;&nbsp;&nbsp; Victory Giant Technology Huizhou Co Ltd, Cl A  | 187400 |  | 2256 |
| &nbsp;&nbsp;&nbsp; Vipshop Holdings Ltd ADR  | 827791 |  | 11415 |
| &nbsp;&nbsp;&nbsp; Weichai Power Co Ltd, Cl H  | 9994000 |  | 19458 |
| &nbsp;&nbsp;&nbsp; XD Inc <sup>\*</sup> | 271600 |  | 1270 |
| &nbsp;&nbsp;&nbsp; Xiaomi Corp, Cl B <sup>\*</sup> | 1844800 |  | 11874 |
| &nbsp;&nbsp;&nbsp; XPeng Inc, Cl A <sup>\*</sup> | 177000 |  | 1715 |
| &nbsp;&nbsp;&nbsp; Yangzijiang Shipbuilding Holdings Ltd  | 1098000 |  | 1799 |
| &nbsp;&nbsp;&nbsp; Yankershop Food Co Ltd, Cl A  | 153500 |  | 1876 |
| &nbsp;&nbsp;&nbsp; Yantai China Pet Foods Co Ltd, Cl A  | 174643 |  | 1521 |
| &nbsp;&nbsp;&nbsp; Zhejiang Akcome New Energy Technology Co Ltd <sup>\*</sup> | 3175100 |  |  |
| &nbsp;&nbsp;&nbsp; Zhejiang NHU Co Ltd, Cl A  | 570300 |  | 1736 |
| &nbsp;&nbsp;&nbsp; Zhihu Inc ADR <sup>\*</sup> | 70811 |  | 271 |
| &nbsp;&nbsp;&nbsp; Zhongsheng Group Holdings Ltd  | 291500 |  | 437 |
|  |  |  | 491988 |
| **Colombia — 0.0%** | **Colombia — 0.0%** | **Colombia — 0.0%** | **Colombia — 0.0%** |
| &nbsp;&nbsp;&nbsp; Ecopetrol SA ADR  | 215298 |  | 1824 |
| **Czechia — 0.0%** | **Czechia — 0.0%** | **Czechia — 0.0%** | **Czechia — 0.0%** |
| &nbsp;&nbsp;&nbsp; Komercni Banka AS  | 2280 |  | 105 |
| **Denmark — 2.1%** | **Denmark — 2.1%** | **Denmark — 2.1%** | **Denmark — 2.1%** |
| &nbsp;&nbsp;&nbsp; ALK-Abello A/S <sup>\*</sup> | 69134 |  | 1874 |
| &nbsp;&nbsp;&nbsp; AP Moller - Maersk A/S, Cl B  | 32466 |  | 58810 |
| &nbsp;&nbsp;&nbsp; Coloplast A/S, Cl B  | 304741 |  | 29624 |
| &nbsp;&nbsp;&nbsp; Danske Bank A/S  | 726039 |  | 27818 |
| &nbsp;&nbsp;&nbsp; DSV A/S  | 65122 |  | 15333 |
| &nbsp;&nbsp;&nbsp; Genmab A/S <sup>\*</sup> | 11158 |  | 2354 |
| &nbsp;&nbsp;&nbsp; ISS A/S  | 57217 |  | 1538 |
| &nbsp;&nbsp;&nbsp; Novo Nordisk A/S, Cl B  | 274552 |  | 19504 |
| &nbsp;&nbsp;&nbsp; Novonesis (Novozymes) B, Cl B  | 23051 |  | 1624 |
| &nbsp;&nbsp;&nbsp; Pandora A/S  | 82241 |  | 15031 |
| &nbsp;&nbsp;&nbsp; ROCKWOOL A/S, Cl B  | 43176 |  | 2049 |
|  |  |  | 175559 |
| **Finland — 1.0%** | **Finland — 1.0%** | **Finland — 1.0%** | **Finland — 1.0%** |
| &nbsp;&nbsp;&nbsp; Cargotec Oyj, Cl B  | 7061 |  | 380 |
| &nbsp;&nbsp;&nbsp; Kone Oyj, Cl B  | 187103 |  | 11673 |
| &nbsp;&nbsp;&nbsp; Konecranes Oyj, Cl A  | 19453 |  | 1520 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Nokia Oyj  | 9048374 | $| 47082 |
| &nbsp;&nbsp;&nbsp; Nokia Oyj ADR  | 1790199 |  | 9345 |
| &nbsp;&nbsp;&nbsp; Orion Oyj, Cl B  | 89214 |  | 6052 |
| &nbsp;&nbsp;&nbsp; Wartsila OYJ Abp, Cl B  | 285941 |  | 5732 |
|  |  |  | 81784 |
| **France — 7.4%** | **France — 7.4%** | **France — 7.4%** | **France — 7.4%** |
| &nbsp;&nbsp;&nbsp; Accor SA  | 238510 |  | 12669 |
| &nbsp;&nbsp;&nbsp; Air Liquide SA  | 102043 |  | 21141 |
| &nbsp;&nbsp;&nbsp; Amundi SA  | 424413 |  | 34645 |
| &nbsp;&nbsp;&nbsp; Arkema SA  | 424816 |  | 30350 |
| &nbsp;&nbsp;&nbsp; BNP Paribas SA  | 549263 |  | 48093 |
| &nbsp;&nbsp;&nbsp; Carrefour SA  | 2489747 |  | 37226 |
| &nbsp;&nbsp;&nbsp; Cie Generale des Etablissements Michelin SCA  | 819016 |  | 31329 |
| &nbsp;&nbsp;&nbsp; Criteo SA ADR <sup>\*</sup> | 62164 |  | 1583 |
| &nbsp;&nbsp;&nbsp; Danone SA  | 355553 |  | 30394 |
| &nbsp;&nbsp;&nbsp; Dassault Aviation SA  | 23734 |  | 8631 |
| &nbsp;&nbsp;&nbsp; EssilorLuxottica SA  | 165238 |  | 45904 |
| &nbsp;&nbsp;&nbsp; Fnac Darty SA  | 1486 |  | 51 |
| &nbsp;&nbsp;&nbsp; Forvia SE  | 27538 |  | 259 |
| &nbsp;&nbsp;&nbsp; Guerbet  | 1058 |  | 24 |
| &nbsp;&nbsp;&nbsp; Ipsen SA  | 51269 |  | 6035 |
| &nbsp;&nbsp;&nbsp; Kering SA  | 26289 |  | 5137 |
| &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis Vuitton SE  | 74357 |  | 40325 |
| &nbsp;&nbsp;&nbsp; Manitou BF SA  | 2663 |  | 63 |
| &nbsp;&nbsp;&nbsp; Pernod Ricard SA  | 147122 |  | 15210 |
| &nbsp;&nbsp;&nbsp; Publicis Groupe SA  | 78144 |  | 8517 |
| &nbsp;&nbsp;&nbsp; Rexel SA  | 1445704 |  | 40601 |
| &nbsp;&nbsp;&nbsp; Sanofi SA  | 585319 |  | 57961 |
| &nbsp;&nbsp;&nbsp; Societe BIC SA  | 414124 |  | 25577 |
| &nbsp;&nbsp;&nbsp; Societe Generale SA  | 452382 |  | 24559 |
| &nbsp;&nbsp;&nbsp; Societe LDC SADIR  | 192 |  | 18 |
| &nbsp;&nbsp;&nbsp; Sodexo SA  | 209300 |  | 14452 |
| &nbsp;&nbsp;&nbsp; Teleperformance SE  | 783590 |  | 79186 |
| &nbsp;&nbsp;&nbsp; Valeo SE  | 78465 |  | 826 |
|  |  |  | 620766 |
| **Germany — 7.8%** | **Germany — 7.8%** | **Germany — 7.8%** | **Germany — 7.8%** |
| &nbsp;&nbsp;&nbsp; adidas AG  | 167855 |  | 41858 |
| &nbsp;&nbsp;&nbsp; Allianz SE  | 19421 |  | 7701 |
| &nbsp;&nbsp;&nbsp; Auto1 Group SE <sup>\*</sup> | 74521 |  | 1998 |
| &nbsp;&nbsp;&nbsp; BASF SE  | 834355 |  | 40227 |
| &nbsp;&nbsp;&nbsp; Bayer AG  | 2425620 |  | 68278 |
| &nbsp;&nbsp;&nbsp; Bilfinger SE  | 17514 |  | 1550 |
| &nbsp;&nbsp;&nbsp; Commerzbank AG  | 80255 |  | 2444 |
| &nbsp;&nbsp;&nbsp; Continental AG  | 981057 |  | 86025 |
| &nbsp;&nbsp;&nbsp; CTS Eventim AG & Co KGaA  | 19096 |  | 2316 |
| &nbsp;&nbsp;&nbsp; Daimler Truck Holding AG  | 950999 |  | 41298 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank AG  | 314762 |  | 8716 |
| &nbsp;&nbsp;&nbsp; Deutsche Boerse AG  | 129624 |  | 41751 |
| &nbsp;&nbsp;&nbsp; Deutsche Lufthansa AG  | 666858 |  | 5336 |
| &nbsp;&nbsp;&nbsp; Deutsche Telekom AG  | 150166 |  | 5686 |
| &nbsp;&nbsp;&nbsp; Deutsche Wohnen SE  | 55513 |  | 1444 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**World Equity Ex-US Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Duerr AG  | 7262 | $| 189 |
| &nbsp;&nbsp;&nbsp; DWS Group GmbH & Co KGaA  | 16354 |  | 918 |
| &nbsp;&nbsp;&nbsp; E.ON SE  | 65511 |  | 1148 |
| &nbsp;&nbsp;&nbsp; Evonik Industries AG  | 822340 |  | 17819 |
| &nbsp;&nbsp;&nbsp; flatexDEGIRO AG  | 108923 |  | 3027 |
| &nbsp;&nbsp;&nbsp; Fresenius Medical Care AG  | 632891 |  | 35945 |
| &nbsp;&nbsp;&nbsp; FUCHS SE  | 4344 |  | 165 |
| &nbsp;&nbsp;&nbsp; GEA Group AG  | 91396 |  | 6120 |
| &nbsp;&nbsp;&nbsp; Heidelberg Materials AG  | 23392 |  | 4584 |
| &nbsp;&nbsp;&nbsp; HOCHTIEF AG  | 49284 |  | 9068 |
| &nbsp;&nbsp;&nbsp; Indus Holding AG  | 1268 |  | 32 |
| &nbsp;&nbsp;&nbsp; K+S AG  | 82911 |  | 1510 |
| &nbsp;&nbsp;&nbsp; Knorr-Bremse AG  | 156633 |  | 15846 |
| &nbsp;&nbsp;&nbsp; Krones AG  | 2291 |  | 361 |
| &nbsp;&nbsp;&nbsp; Merck KGaA  | 6375 |  | 835 |
| &nbsp;&nbsp;&nbsp; Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen  | 15803 |  | 10237 |
| &nbsp;&nbsp;&nbsp; Nemetschek SE  | 28839 |  | 4009 |
| &nbsp;&nbsp;&nbsp; Rational AG  | 4086 |  | 3359 |
| &nbsp;&nbsp;&nbsp; Rheinmetall AG  | 4467 |  | 9572 |
| &nbsp;&nbsp;&nbsp; RWE AG  | 81723 |  | 3077 |
| &nbsp;&nbsp;&nbsp; SAP SE  | 292795 |  | 88561 |
| &nbsp;&nbsp;&nbsp; Scout24 SE  | 301027 |  | 41009 |
| &nbsp;&nbsp;&nbsp; Siemens AG  | 49899 |  | 12000 |
| &nbsp;&nbsp;&nbsp; Siemens Energy AG <sup>\*</sup> | 123512 |  | 12068 |
| &nbsp;&nbsp;&nbsp; Siemens Healthineers AG  | 19433 |  | 1028 |
| &nbsp;&nbsp;&nbsp; SUSS MicroTec SE  | 44834 |  | 1949 |
| &nbsp;&nbsp;&nbsp; TAG Immobilien AG  | 85875 |  | 1451 |
| &nbsp;&nbsp;&nbsp; Talanx AG  | 37156 |  | 4820 |
| &nbsp;&nbsp;&nbsp; thyssenkrupp AG  | 80667 |  | 786 |
| &nbsp;&nbsp;&nbsp; Vonovia SE  | 44878 |  | 1470 |
| &nbsp;&nbsp;&nbsp; Zalando SE <sup>\*</sup> | 116176 |  | 4150 |
|  |  |  | 653741 |
| **Greece — 0.1%** | **Greece — 0.1%** | **Greece — 0.1%** | **Greece — 0.1%** |
| &nbsp;&nbsp;&nbsp; Alpha Services and Holdings SA  | 848245 |  | 2722 |
| &nbsp;&nbsp;&nbsp; Eurobank Ergasias Services and Holdings SA  | 784246 |  | 2415 |
| &nbsp;&nbsp;&nbsp; National Bank of Greece SA  | 104801 |  | 1248 |
| &nbsp;&nbsp;&nbsp; OPAP SA  | 64353 |  | 1384 |
| &nbsp;&nbsp;&nbsp; StealthGas Inc <sup>\*</sup> | 1595 |  | 9 |
| &nbsp;&nbsp;&nbsp; Titan Cement International SA  | 35497 |  | 1611 |
|  |  |  | 9389 |
| **Hong Kong — 1.6%** | **Hong Kong — 1.6%** | **Hong Kong — 1.6%** | **Hong Kong — 1.6%** |
| &nbsp;&nbsp;&nbsp; AIA Group Ltd  | 7666641 |  | 63814 |
| &nbsp;&nbsp;&nbsp; Bank of East Asia Ltd/The  | 20516 |  | 29 |
| &nbsp;&nbsp;&nbsp; Chaoda Modern Agriculture Holdings Ltd <sup>\*</sup> | 2640 |  |  |
| &nbsp;&nbsp;&nbsp; Dah Sing Banking Group Ltd  | 42821 |  | 49 |
| &nbsp;&nbsp;&nbsp; Futu Holdings Ltd ADR  | 14888 |  | 1518 |
| &nbsp;&nbsp;&nbsp; HKT Trust & HKT Ltd  | 939000 |  | 1352 |
| &nbsp;&nbsp;&nbsp; Hong Kong Exchanges & Clearing Ltd  | 739100 |  | 36971 |
| &nbsp;&nbsp;&nbsp; Hysan Development Co Ltd  | 62000 |  | 102 |
| &nbsp;&nbsp;&nbsp; Luk Fook Holdings International Ltd  | 43000 |  | 99 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Orient Overseas International Ltd  | 17000 | $| 292 |
| &nbsp;&nbsp;&nbsp; Pou Sheng International Holdings Ltd  | 348000 |  | 21 |
| &nbsp;&nbsp;&nbsp; Swire Pacific Ltd, Cl A  | 3738528 |  | 31845 |
| &nbsp;&nbsp;&nbsp; United Energy Group Ltd  | 8255808 |  | 494 |
| &nbsp;&nbsp;&nbsp; United Laboratories International Holdings Ltd/The  | 262000 |  | 487 |
| &nbsp;&nbsp;&nbsp; WH Group Ltd  | 496500 |  | 457 |
|  |  |  | 137530 |
| **Hungary — 0.2%** | **Hungary — 0.2%** | **Hungary — 0.2%** | **Hungary — 0.2%** |
| &nbsp;&nbsp;&nbsp; Magyar Telekom Telecommunications PLC  | 12744 |  | 63 |
| &nbsp;&nbsp;&nbsp; MOL Hungarian Oil & Gas PLC  | 86492 |  | 748 |
| &nbsp;&nbsp;&nbsp; OTP Bank Nyrt  | 252359 |  | 19136 |
|  |  |  | 19947 |
| **India — 2.1%** | **India — 2.1%** | **India — 2.1%** | **India — 2.1%** |
| &nbsp;&nbsp;&nbsp; Adani Ports & Special Economic Zone Ltd  | 89862 |  | 1507 |
| &nbsp;&nbsp;&nbsp; Amber Enterprises India Ltd <sup>\*</sup> | 21710 |  | 1649 |
| &nbsp;&nbsp;&nbsp; Bajaj Electricals Ltd  | 6553 |  | 53 |
| &nbsp;&nbsp;&nbsp; Bank of India  | 271377 |  | 387 |
| &nbsp;&nbsp;&nbsp; Bharat Petroleum Corp Ltd  | 1502986 |  | 5602 |
| &nbsp;&nbsp;&nbsp; Bharti Airtel Ltd  | 382645 |  | 8313 |
| &nbsp;&nbsp;&nbsp; Birlasoft Ltd  | 83992 |  | 394 |
| &nbsp;&nbsp;&nbsp; BSE Ltd  | 94677 |  | 2966 |
| &nbsp;&nbsp;&nbsp; Canara Bank  | 392492 |  | 527 |
| &nbsp;&nbsp;&nbsp; Coal India Ltd  | 4056802 |  | 18861 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive India Ltd  | 8076 |  | 232 |
| &nbsp;&nbsp;&nbsp; Coromandel International Ltd  | 259424 |  | 6950 |
| &nbsp;&nbsp;&nbsp; DB Corp Ltd  | 11535 |  | 34 |
| &nbsp;&nbsp;&nbsp; Dixon Technologies India Ltd  | 17349 |  | 2984 |
| &nbsp;&nbsp;&nbsp; GE T&D India Ltd  | 82259 |  | 2159 |
| &nbsp;&nbsp;&nbsp; Godfrey Phillips India Ltd  | 14871 |  | 1516 |
| &nbsp;&nbsp;&nbsp; Great Eastern Shipping Co Ltd/The  | 12945 |  | 141 |
| &nbsp;&nbsp;&nbsp; Gujarat Industries Power Co Ltd  | 63859 |  | 146 |
| &nbsp;&nbsp;&nbsp; HCL Technologies Ltd  | 393254 |  | 7527 |
| &nbsp;&nbsp;&nbsp; HDFC Bank Ltd ADR  | 554474 |  | 41802 |
| &nbsp;&nbsp;&nbsp; Hitachi Energy India Ltd  | 8474 |  | 1914 |
| &nbsp;&nbsp;&nbsp; ICICI Bank Ltd  | 387127 |  | 6566 |
| &nbsp;&nbsp;&nbsp; IIFL Securities Ltd  | 18312 |  | 66 |
| &nbsp;&nbsp;&nbsp; Indian Metals & Ferro Alloys Ltd  | 22918 |  | 167 |
| &nbsp;&nbsp;&nbsp; Indian Oil Corp Ltd  | 4280648 |  | 7112 |
| &nbsp;&nbsp;&nbsp; Indian Railway Catering & Tourism Corp Ltd  | 37799 |  | 335 |
| &nbsp;&nbsp;&nbsp; Indus Towers Ltd <sup>\*</sup> | 405459 |  | 1822 |
| &nbsp;&nbsp;&nbsp; IndusInd Bank Ltd  | 398723 |  | 3812 |
| &nbsp;&nbsp;&nbsp; Infosys Ltd  | 604592 |  | 11049 |
| &nbsp;&nbsp;&nbsp; Infosys Ltd ADR  | 1421 |  | 26 |
| &nbsp;&nbsp;&nbsp; Intellect Design Arena Ltd  | 8553 |  | 117 |
| &nbsp;&nbsp;&nbsp; InterGlobe Aviation Ltd <sup>\*</sup> | 22285 |  | 1391 |
| &nbsp;&nbsp;&nbsp; J Kumar Infraprojects Ltd  | 1469 |  | 12 |
| &nbsp;&nbsp;&nbsp; Jindal Saw Ltd  | 256750 |  | 637 |
| &nbsp;&nbsp;&nbsp; Karur Vysya Bank Ltd/The  | 790880 |  | 2052 |
| &nbsp;&nbsp;&nbsp; Kaynes Technology India Ltd <sup>\*</sup> | 21662 |  | 1516 |
| &nbsp;&nbsp;&nbsp; KPIT Technologies Ltd  | 20824 |  | 326 |
| &nbsp;&nbsp;&nbsp; LTIMindtree Ltd  | 8332 |  | 494 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Mahindra & Mahindra Ltd  | 55988 | $| 1950 |
| &nbsp;&nbsp;&nbsp; Marico Ltd  | 224830 |  | 1884 |
| &nbsp;&nbsp;&nbsp; Mazagon Dock Shipbuilders Ltd  | 30860 |  | 1255 |
| &nbsp;&nbsp;&nbsp; Mphasis Ltd  | 47289 |  | 1415 |
| &nbsp;&nbsp;&nbsp; Persistent Systems Ltd  | 9786 |  | 645 |
| &nbsp;&nbsp;&nbsp; Petronet LNG Ltd  | 50461 |  | 181 |
| &nbsp;&nbsp;&nbsp; PG Electroplast Ltd  | 178791 |  | 1613 |
| &nbsp;&nbsp;&nbsp; Power Finance Corp Ltd  | 52428 |  | 249 |
| &nbsp;&nbsp;&nbsp; REC Ltd  | 245927 |  | 1160 |
| &nbsp;&nbsp;&nbsp; Shanthi Gears Ltd  | 5135 |  | 30 |
| &nbsp;&nbsp;&nbsp; Solar Industries India Ltd  | 11104 |  | 2091 |
| &nbsp;&nbsp;&nbsp; SP Apparels Ltd <sup>\*</sup> | 5752 |  | 54 |
| &nbsp;&nbsp;&nbsp; Sutlej Textiles and Industries Ltd <sup>\*</sup> | 29304 |  | 14 |
| &nbsp;&nbsp;&nbsp; Suzlon Energy Ltd <sup>\*</sup> | 1831004 |  | 1534 |
| &nbsp;&nbsp;&nbsp; Tata Consultancy Services Ltd  | 189703 |  | 7681 |
| &nbsp;&nbsp;&nbsp; Tata Elxsi Ltd  | 18443 |  | 1388 |
| &nbsp;&nbsp;&nbsp; TeamLease Services Ltd <sup>\*</sup> | 2874 |  | 66 |
| &nbsp;&nbsp;&nbsp; Tech Mahindra Ltd  | 65845 |  | 1212 |
| &nbsp;&nbsp;&nbsp; Trent Ltd  | 22371 |  | 1477 |
| &nbsp;&nbsp;&nbsp; Union Bank of India Ltd  | 210231 |  | 361 |
| &nbsp;&nbsp;&nbsp; United Spirits Ltd  | 72115 |  | 1282 |
| &nbsp;&nbsp;&nbsp; Wipro Ltd  | 954728 |  | 2789 |
| &nbsp;&nbsp;&nbsp; Zensar Technologies Ltd  | 7672 |  | 75 |
|  |  |  | 173570 |
| **Indonesia — 0.3%** | **Indonesia — 0.3%** | **Indonesia — 0.3%** | **Indonesia — 0.3%** |
| &nbsp;&nbsp;&nbsp; Adaro Energy Indonesia Tbk PT  | 6016761 |  | 813 |
| &nbsp;&nbsp;&nbsp; Aneka Tambang Tbk  | 8932300 |  | 1704 |
| &nbsp;&nbsp;&nbsp; Aspirasi Hidup Indonesia Tbk PT  | 3573200 |  | 126 |
| &nbsp;&nbsp;&nbsp; Bank Rakyat Indonesia Persero Tbk PT  | 65527200 |  | 17829 |
| &nbsp;&nbsp;&nbsp; Bumi Resources Minerals Tbk PT <sup>\*</sup> | 69636300 |  | 1663 |
| &nbsp;&nbsp;&nbsp; Delta Dunia Makmur Tbk PT  | 1284381 |  | 39 |
| &nbsp;&nbsp;&nbsp; Elnusa Tbk PT  | 3901400 |  | 117 |
| &nbsp;&nbsp;&nbsp; Gudang Garam Tbk PT <sup>\*</sup> | 62100 |  | 38 |
| &nbsp;&nbsp;&nbsp; Prima Andalan Mandiri Tbk PT  | 154579 |  | 45 |
| &nbsp;&nbsp;&nbsp; TBS Energi Utama Tbk PT  | 2820700 |  | 79 |
| &nbsp;&nbsp;&nbsp; Triputra Agro Persada PT  | 2698127 |  | 150 |
| &nbsp;&nbsp;&nbsp; United Tractors Tbk PT  | 3722975 |  | 5126 |
|  |  |  | 27729 |
| **Ireland — 2.1%** | **Ireland — 2.1%** | **Ireland — 2.1%** | **Ireland — 2.1%** |
| &nbsp;&nbsp;&nbsp; Accenture PLC, Cl A  | 159657 |  | 50583 |
| &nbsp;&nbsp;&nbsp; AerCap Holdings NV  | 46377 |  | 5367 |
| &nbsp;&nbsp;&nbsp; AIB Group PLC  | 4300000 |  | 33920 |
| &nbsp;&nbsp;&nbsp; Aon PLC, Cl A  | 109273 |  | 40658 |
| &nbsp;&nbsp;&nbsp; Bank of Ireland Group PLC  | 2641023 |  | 36252 |
| &nbsp;&nbsp;&nbsp; James Hardie Industries PLC <sup>\*</sup> | 253958 |  | 5833 |
|  |  |  | 172613 |
| **Israel — 1.0%** | **Israel — 1.0%** | **Israel — 1.0%** | **Israel — 1.0%** |
| &nbsp;&nbsp;&nbsp; Bank Hapoalim BM  | 16351 |  | 274 |
| &nbsp;&nbsp;&nbsp; Cellebrite DI Ltd <sup>\*</sup> | 7206 |  | 120 |
| &nbsp;&nbsp;&nbsp; Check Point Software Technologies Ltd <sup>\*</sup> | 236634 |  | 54161 |
| &nbsp;&nbsp;&nbsp; CyberArk Software Ltd <sup>\*</sup> | 8830 |  | 3380 |
| &nbsp;&nbsp;&nbsp; Isracard Ltd  | 18 |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Monday.com Ltd <sup>\*</sup> | 5192 | $| 1544 |
| &nbsp;&nbsp;&nbsp; Nova Ltd <sup>\*</sup> | 24660 |  | 5268 |
| &nbsp;&nbsp;&nbsp; Oddity Tech Ltd, Cl A <sup>\*</sup> | 41423 |  | 3083 |
| &nbsp;&nbsp;&nbsp; Radware Ltd <sup>\*</sup> | 1385 |  | 32 |
| &nbsp;&nbsp;&nbsp; Shufersal Ltd  | 237063 |  | 2374 |
| &nbsp;&nbsp;&nbsp; Wix.com Ltd <sup>\*</sup> | 108632 |  | 16181 |
|  |  |  | 86417 |
| **Italy — 1.4%** | **Italy — 1.4%** | **Italy — 1.4%** | **Italy — 1.4%** |
| &nbsp;&nbsp;&nbsp; A2A SpA  | 1408894 |  | 3658 |
| &nbsp;&nbsp;&nbsp; Banca Mediolanum SpA  | 380715 |  | 6328 |
| &nbsp;&nbsp;&nbsp; Banca Popolare di Sondrio SPA  | 351263 |  | 4740 |
| &nbsp;&nbsp;&nbsp; BPER Banca SPA  | 340073 |  | 3020 |
| &nbsp;&nbsp;&nbsp; Enel SpA  | 4540638 |  | 41730 |
| &nbsp;&nbsp;&nbsp; Ferrari NV  | 16909 |  | 8092 |
| &nbsp;&nbsp;&nbsp; Intesa Sanpaolo SpA  | 2871646 |  | 16029 |
| &nbsp;&nbsp;&nbsp; Leonardo SpA  | 309111 |  | 19118 |
| &nbsp;&nbsp;&nbsp; Maire SpA  | 264589 |  | 3379 |
| &nbsp;&nbsp;&nbsp; Poste Italiane SpA  | 200946 |  | 4362 |
| &nbsp;&nbsp;&nbsp; PRADA SpA  | 245400 |  | 1600 |
| &nbsp;&nbsp;&nbsp; Reply SpA  | 8192 |  | 1381 |
| &nbsp;&nbsp;&nbsp; UniCredit SpA  | 108152 |  | 6954 |
|  |  |  | 120391 |
| **Japan — 10.5%** | **Japan — 10.5%** | **Japan — 10.5%** | **Japan — 10.5%** |
| &nbsp;&nbsp;&nbsp; Ad-sol Nissin Corp  | 3800 |  | 29 |
| &nbsp;&nbsp;&nbsp; Airtrip Corp  | 3500 |  | 23 |
| &nbsp;&nbsp;&nbsp; Aisan Industry Co Ltd  | 3200 |  | 41 |
| &nbsp;&nbsp;&nbsp; Alpha Systems Inc  | 1300 |  | 30 |
| &nbsp;&nbsp;&nbsp; Anest Iwata Corp  | 8300 |  | 81 |
| &nbsp;&nbsp;&nbsp; Anritsu Corp  | 3000 |  | 34 |
| &nbsp;&nbsp;&nbsp; Asahi Group Holdings Ltd  | 304200 |  | 3998 |
| &nbsp;&nbsp;&nbsp; Asics Corp  | 81100 |  | 1949 |
| &nbsp;&nbsp;&nbsp; Atrae Inc  | 19300 |  | 89 |
| &nbsp;&nbsp;&nbsp; Avant Group Corp  | 13200 |  | 140 |
| &nbsp;&nbsp;&nbsp; Awa Bank Ltd/The  | 12300 |  | 240 |
| &nbsp;&nbsp;&nbsp; Axell Corp  | 17000 |  | 110 |
| &nbsp;&nbsp;&nbsp; Axial Retailing Inc  | 2000 |  | 16 |
| &nbsp;&nbsp;&nbsp; Bandai Namco Holdings Inc  | 65500 |  | 2075 |
| &nbsp;&nbsp;&nbsp; Bank of Iwate Ltd/The  | 5400 |  | 112 |
| &nbsp;&nbsp;&nbsp; Bank of Saga Ltd/The  | 1800 |  | 27 |
| &nbsp;&nbsp;&nbsp; Bic Camera Inc  | 159300 |  | 1652 |
| &nbsp;&nbsp;&nbsp; BIPROGY Inc  | 96000 |  | 3878 |
| &nbsp;&nbsp;&nbsp; Brother Industries Ltd  | 1666189 |  | 28357 |
| &nbsp;&nbsp;&nbsp; Business Brain Showa-Ota Inc  | 2400 |  | 43 |
| &nbsp;&nbsp;&nbsp; Business Engineering Corp  | 4100 |  | 136 |
| &nbsp;&nbsp;&nbsp; Canon Inc  | 113800 |  | 3467 |
| &nbsp;&nbsp;&nbsp; Capcom Co Ltd  | 185620 |  | 5491 |
| &nbsp;&nbsp;&nbsp; Central Japan Railway Co  | 312300 |  | 6804 |
| &nbsp;&nbsp;&nbsp; Central Security Patrols Co Ltd  | 7934 |  | 136 |
| &nbsp;&nbsp;&nbsp; COLOPL Inc  | 137300 |  | 493 |
| &nbsp;&nbsp;&nbsp; Creek & River Co Ltd  | 5300 |  | 55 |
| &nbsp;&nbsp;&nbsp; CTS Co Ltd  | 4400 |  | 24 |
| &nbsp;&nbsp;&nbsp; Daihatsu Diesel Manufacturing Co Ltd  | 13500 |  | 174 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**World Equity Ex-US Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Dai-ichi Life Holdings Inc  | 870300 | $6774 |
| &nbsp;&nbsp;&nbsp; Daiichi Sankyo Co Ltd  | 173300 | 4599 |
| &nbsp;&nbsp;&nbsp; Daikin Industries Ltd  | 43800 | 4970 |
| &nbsp;&nbsp;&nbsp; Dainichiseika Color & Chemicals Manufacturing Co Ltd  | 1500 | 32 |
| &nbsp;&nbsp;&nbsp; Daito Trust Construction Co Ltd  | 50200 | 5639 |
| &nbsp;&nbsp;&nbsp; Daiwa House Industry Co Ltd  | 59300 | 1994 |
| &nbsp;&nbsp;&nbsp; Daiwa Securities Group Inc  | 587700 | 3964 |
| &nbsp;&nbsp;&nbsp; Denso Corp  | 317700 | 4277 |
| &nbsp;&nbsp;&nbsp; Dentsu Group Inc  | 1454793 | 31336 |
| &nbsp;&nbsp;&nbsp; Digital Arts Inc  | 3600 | 181 |
| &nbsp;&nbsp;&nbsp; Digital Information Technologies Corp  | 2400 | 41 |
| &nbsp;&nbsp;&nbsp; Doshisha Co Ltd  | 1200 | 19 |
| &nbsp;&nbsp;&nbsp; East Japan Railway Co  | 375900 | 7856 |
| &nbsp;&nbsp;&nbsp; Ehime Bank Ltd/The  | 6800 | 48 |
| &nbsp;&nbsp;&nbsp; Eisai Co Ltd  | 211700 | 6045 |
| &nbsp;&nbsp;&nbsp; Elecom Co Ltd  | 47500 | 561 |
| &nbsp;&nbsp;&nbsp; en Japan Inc  | 17000 | 202 |
| &nbsp;&nbsp;&nbsp; ERI Holdings Co Ltd  | 1100 | 16 |
| &nbsp;&nbsp;&nbsp; Fabrica Holdings Co Ltd  | 2600 | 36 |
| &nbsp;&nbsp;&nbsp; FANUC Corp  | 62100 | 1653 |
| &nbsp;&nbsp;&nbsp; Fast Retailing Co Ltd  | 25900 | 8603 |
| &nbsp;&nbsp;&nbsp; Fuji Electric Co Ltd  | 35800 | 1577 |
| &nbsp;&nbsp;&nbsp; Fujikura Ltd  | 65600 | 3037 |
| &nbsp;&nbsp;&nbsp; Fujimori Kogyo Co Ltd  | 1500 | 39 |
| &nbsp;&nbsp;&nbsp; Fujitsu Ltd  | 919100 | 20991 |
| &nbsp;&nbsp;&nbsp; Fukui Computer Holdings Inc  | 2353 | 50 |
| &nbsp;&nbsp;&nbsp; Fukuoka Financial Group Inc  | 397600 | 10871 |
| &nbsp;&nbsp;&nbsp; Fukushima Galilei Co Ltd  | 5600 | 119 |
| &nbsp;&nbsp;&nbsp; Gakken Holdings Co Ltd  | 18400 | 121 |
| &nbsp;&nbsp;&nbsp; GungHo Online Entertainment Inc  | 123100 | 2350 |
| &nbsp;&nbsp;&nbsp; Hamamatsu Photonics KK  | 26300 | 281 |
| &nbsp;&nbsp;&nbsp; Hisamitsu Pharmaceutical Co Inc  | 1900 | 54 |
| &nbsp;&nbsp;&nbsp; Hitachi Ltd  | 208500 | 5793 |
| &nbsp;&nbsp;&nbsp; Hoya Corp  | 248500 | 29259 |
| &nbsp;&nbsp;&nbsp; Hyakujushi Bank Ltd/The  | 10700 | 298 |
| &nbsp;&nbsp;&nbsp; Ichikoh Industries Ltd  | 29600 | 78 |
| &nbsp;&nbsp;&nbsp; I'll Inc  | 1800 | 33 |
| &nbsp;&nbsp;&nbsp; ISB Corp  | 4900 | 46 |
| &nbsp;&nbsp;&nbsp; Japan Exchange Group Inc  | 381300 | 4165 |
| &nbsp;&nbsp;&nbsp; Japan Medical Dynamic Marketing Inc  | 20000 | 77 |
| &nbsp;&nbsp;&nbsp; Japan Post Holdings Co Ltd  | 256500 | 2506 |
| &nbsp;&nbsp;&nbsp; Japan Post Insurance Co Ltd  | 117800 | 2584 |
| &nbsp;&nbsp;&nbsp; JCR Pharmaceuticals Co Ltd  | 13400 | 50 |
| &nbsp;&nbsp;&nbsp; JK Holdings Co Ltd  | 3500 | 29 |
| &nbsp;&nbsp;&nbsp; Justsystems Corp  | 7500 | 178 |
| &nbsp;&nbsp;&nbsp; Kamakura Shinsho Ltd  | 6700 | 22 |
| &nbsp;&nbsp;&nbsp; Kandenko Co Ltd  | 123700 | 2539 |
| &nbsp;&nbsp;&nbsp; Kao Corp  | 296900 | 13516 |
| &nbsp;&nbsp;&nbsp; KAWADA TECHNOLOGIES Inc  | 8100 | 203 |
| &nbsp;&nbsp;&nbsp; KDDI Corp  | 1105600 | 19085 |
| &nbsp;&nbsp;&nbsp; Keyence Corp  | 64100 | 26756 |
| &nbsp;&nbsp;&nbsp; Kimura Unity Co Ltd  | 9800 | 54 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Kobe Bussan Co Ltd  | 80300 | $2530 |
| &nbsp;&nbsp;&nbsp; Koito Manufacturing Co Ltd  | 2208696 | 27875 |
| &nbsp;&nbsp;&nbsp; Komatsu Ltd  | 999700 | 30298 |
| &nbsp;&nbsp;&nbsp; Konami Group Corp  | 15000 | 2031 |
| &nbsp;&nbsp;&nbsp; Kyodo Printing Co Ltd  | 6800 | 60 |
| &nbsp;&nbsp;&nbsp; Kyushu Electric Power Co Inc  | 230500 | 1974 |
| &nbsp;&nbsp;&nbsp; Lasertec Corp  | 55800 | 5549 |
| &nbsp;&nbsp;&nbsp; LIFULL Co Ltd  | 47500 | 59 |
| &nbsp;&nbsp;&nbsp; Lion Corp  | 130800 | 1415 |
| &nbsp;&nbsp;&nbsp; LITALICO Inc  | 4700 | 43 |
| &nbsp;&nbsp;&nbsp; Lixil Corp  | 203200 | 2281 |
| &nbsp;&nbsp;&nbsp; LY Corp  | 578100 | 2079 |
| &nbsp;&nbsp;&nbsp; M3 Inc  | 1807700 | 25307 |
| &nbsp;&nbsp;&nbsp; Makita Corp  | 420000 | 12832 |
| &nbsp;&nbsp;&nbsp; MarkLines Co Ltd  | 3400 | 47 |
| &nbsp;&nbsp;&nbsp; Maxell Ltd  | 13600 | 169 |
| &nbsp;&nbsp;&nbsp; Mazda Motor Corp  | 916600 | 5734 |
| &nbsp;&nbsp;&nbsp; Medical System Network Co Ltd, Cl A  | 5800 | 18 |
| &nbsp;&nbsp;&nbsp; MINEBEA MITSUMI Inc  | 1490100 | 20764 |
| &nbsp;&nbsp;&nbsp; Mitani Sangyo Co Ltd  | 6900 | 16 |
| &nbsp;&nbsp;&nbsp; Mitsubishi UFJ Financial Group Inc  | 519300 | 7244 |
| &nbsp;&nbsp;&nbsp; MIXI Inc  | 252800 | 5831 |
| &nbsp;&nbsp;&nbsp; Moriroku Holdings Co Ltd  | 5600 | 101 |
| &nbsp;&nbsp;&nbsp; Murata Manufacturing Co Ltd  | 588900 | 8521 |
| &nbsp;&nbsp;&nbsp; NEC Corp  | 649000 | 16894 |
| &nbsp;&nbsp;&nbsp; NEOJAPAN Inc  | 12800 | 139 |
| &nbsp;&nbsp;&nbsp; Nexon Co Ltd  | 93500 | 1678 |
| &nbsp;&nbsp;&nbsp; Nice Corp  | 2600 | 29 |
| &nbsp;&nbsp;&nbsp; Nihon Denkei Co Ltd  | 4400 | 62 |
| &nbsp;&nbsp;&nbsp; Nihon Trim Co Ltd  | 2800 | 76 |
| &nbsp;&nbsp;&nbsp; Nippn Corp  | 36600 | 552 |
| &nbsp;&nbsp;&nbsp; Nippon Shinyaku Co Ltd  | 30900 | 761 |
| &nbsp;&nbsp;&nbsp; Nippon Telegraph & Telephone Corp  | 4325300 | 4802 |
| &nbsp;&nbsp;&nbsp; Nissan Tokyo Sales Holdings Co Ltd  | 86600 | 286 |
| &nbsp;&nbsp;&nbsp; Nissei ASB Machine Co Ltd  | 900 | 36 |
| &nbsp;&nbsp;&nbsp; Nisso Holdings Co Ltd  | 8500 | 37 |
| &nbsp;&nbsp;&nbsp; Nitto Kohki Co Ltd  | 2900 | 36 |
| &nbsp;&nbsp;&nbsp; Nitto Seiko Co Ltd  | 9000 | 35 |
| &nbsp;&nbsp;&nbsp; Nomura Holdings Inc  | 48700 | 297 |
| &nbsp;&nbsp;&nbsp; Noritz Corp  | 7900 | 104 |
| &nbsp;&nbsp;&nbsp; Obic Co Ltd  | 275600 | 10030 |
| &nbsp;&nbsp;&nbsp; Ogaki Kyoritsu Bank Ltd/The  | 1800 | 31 |
| &nbsp;&nbsp;&nbsp; OIE Sangyo Co Ltd  | 2000 | 28 |
| &nbsp;&nbsp;&nbsp; Okabe Co Ltd  | 6100 | 36 |
| &nbsp;&nbsp;&nbsp; Olympus Corp  | 1222800 | 15624 |
| &nbsp;&nbsp;&nbsp; Ono Pharmaceutical Co Ltd  | 134700 | 1463 |
| &nbsp;&nbsp;&nbsp; Open House Group Co Ltd  | 36100 | 1555 |
| &nbsp;&nbsp;&nbsp; Optim Corp <sup>\*</sup> | 26600 | 106 |
| &nbsp;&nbsp;&nbsp; Optorun Co Ltd  | 9700 | 101 |
| &nbsp;&nbsp;&nbsp; Oracle Corp Japan <sup>\*</sup> | 30300 | 3540 |
| &nbsp;&nbsp;&nbsp; Oro Co Ltd  | 5200 | 95 |
| &nbsp;&nbsp;&nbsp; Otsuka Corp  | 144700 | 2966 |
| &nbsp;&nbsp;&nbsp; Otsuka Holdings Co Ltd  | 49900 | 2530 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; PCA Corp  | 2600 | $32 |
| &nbsp;&nbsp;&nbsp; Pigeon Corp  | 313600 | 4043 |
| &nbsp;&nbsp;&nbsp; PR Times Corp  | 7200 | 115 |
| &nbsp;&nbsp;&nbsp; Pronexus Inc  | 16200 | 124 |
| &nbsp;&nbsp;&nbsp; R&D Computer Co Ltd  | 4500 | 22 |
| &nbsp;&nbsp;&nbsp; Recruit Holdings Co Ltd  | 1032400 | 61320 |
| &nbsp;&nbsp;&nbsp; Relo Group Inc  | 108400 | 1289 |
| &nbsp;&nbsp;&nbsp; Resona Holdings Inc  | 1953700 | 17268 |
| &nbsp;&nbsp;&nbsp; Ricoh Co Ltd  | 153100 | 1424 |
| &nbsp;&nbsp;&nbsp; Riken Technos Corp  | 6700 | 50 |
| &nbsp;&nbsp;&nbsp; Riken Vitamin Co Ltd  | 1400 | 25 |
| &nbsp;&nbsp;&nbsp; Riso Kagaku Corp  | 4600 | 36 |
| &nbsp;&nbsp;&nbsp; Sakai Heavy Industries Ltd  | 2000 | 27 |
| &nbsp;&nbsp;&nbsp; Sanko Metal Industrial Co Ltd  | 900 | 37 |
| &nbsp;&nbsp;&nbsp; Santen Pharmaceutical Co Ltd  | 15000 | 166 |
| &nbsp;&nbsp;&nbsp; Sanwa Holdings Corp  | 215700 | 7405 |
| &nbsp;&nbsp;&nbsp; Sato Holdings Corp  | 4400 | 62 |
| &nbsp;&nbsp;&nbsp; SCREEN Holdings Co Ltd  | 51900 | 3682 |
| &nbsp;&nbsp;&nbsp; SCSK Corp  | 112900 | 3417 |
| &nbsp;&nbsp;&nbsp; SERAKU Co Ltd  | 12200 | 138 |
| &nbsp;&nbsp;&nbsp; Seven & i Holdings Co Ltd  | 315000 | 4725 |
| &nbsp;&nbsp;&nbsp; Shimizu Corp  | 276900 | 3036 |
| &nbsp;&nbsp;&nbsp; Shinnihonseiyaku Co Ltd  | 2600 | 41 |
| &nbsp;&nbsp;&nbsp; Shionogi & Co Ltd  | 28200 | 470 |
| &nbsp;&nbsp;&nbsp; SMK Corp  | 1400 | 21 |
| &nbsp;&nbsp;&nbsp; SMS Co Ltd  | 1465800 | 14583 |
| &nbsp;&nbsp;&nbsp; SoftBank Group Corp  | 111200 | 5793 |
| &nbsp;&nbsp;&nbsp; Softcreate Holdings Corp  | 2900 | 41 |
| &nbsp;&nbsp;&nbsp; Soken Chemical & Engineering Co Ltd  | 1000 | 11 |
| &nbsp;&nbsp;&nbsp; Star Micronics Co Ltd  | 6200 | 73 |
| &nbsp;&nbsp;&nbsp; Sugi Holdings Co Ltd  | 180900 | 3963 |
| &nbsp;&nbsp;&nbsp; Sumitomo Electric Industries Ltd  | 126000 | 2636 |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Financial Group Inc  | 956500 | 24505 |
| &nbsp;&nbsp;&nbsp; Sumitomo Pharma Co Ltd <sup>\*</sup> | 29600 | 155 |
| &nbsp;&nbsp;&nbsp; Sumitomo Riko Co Ltd  | 2400 | 29 |
| &nbsp;&nbsp;&nbsp; Suntory Beverage & Food Ltd  | 1035300 | 33524 |
| &nbsp;&nbsp;&nbsp; Suzuken Co Ltd/Aichi Japan  | 53600 | 1969 |
| &nbsp;&nbsp;&nbsp; Suzuki Motor Corp  | 123200 | 1559 |
| &nbsp;&nbsp;&nbsp; System Research Co Ltd  | 3200 | 40 |
| &nbsp;&nbsp;&nbsp; System Support Inc  | 2300 | 40 |
| &nbsp;&nbsp;&nbsp; Systena Corp  | 30900 | 85 |
| &nbsp;&nbsp;&nbsp; T&D Holdings Inc  | 150800 | 3440 |
| &nbsp;&nbsp;&nbsp; Taiho Kogyo Co Ltd, Cl A  | 5300 | 24 |
| &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical Co Ltd  | 459500 | 13758 |
| &nbsp;&nbsp;&nbsp; Tanabe Consulting Group Co Ltd  | 6200 | 30 |
| &nbsp;&nbsp;&nbsp; TDK Corp  | 2756900 | 30105 |
| &nbsp;&nbsp;&nbsp; TechMatrix Corp  | 4600 | 67 |
| &nbsp;&nbsp;&nbsp; Teikoku Electric Manufacturing Co Ltd  | 8700 | 190 |
| &nbsp;&nbsp;&nbsp; Temairazu Inc  | 4000 | 87 |
| &nbsp;&nbsp;&nbsp; Terumo Corp  | 287000 | 5254 |
| &nbsp;&nbsp;&nbsp; TIS Inc  | 182300 | 5962 |
| &nbsp;&nbsp;&nbsp; Toei Animation Co Ltd  | 819900 | 17717 |
| &nbsp;&nbsp;&nbsp; Tokio Marine Holdings Inc  | 97600 | 4116 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Tokyo Electron Ltd  | 104400 | $| 16383 |
| &nbsp;&nbsp;&nbsp; Tokyo Tatemono Co Ltd  | 87400 |  | 1544 |
| &nbsp;&nbsp;&nbsp; Tokyu Fudosan Holdings Corp  | 683000 |  | 4963 |
| &nbsp;&nbsp;&nbsp; Toli Corp  | 9800 |  | 33 |
| &nbsp;&nbsp;&nbsp; Toray Industries Inc  | 1137800 |  | 7828 |
| &nbsp;&nbsp;&nbsp; Toshiba TEC Corp  | 7500 |  | 153 |
| &nbsp;&nbsp;&nbsp; Towa Bank Ltd/The  | 6200 |  | 30 |
| &nbsp;&nbsp;&nbsp; Toyo Engineering Corp  | 25300 |  | 113 |
| &nbsp;&nbsp;&nbsp; Toyokumo Inc  | 2200 |  | 43 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Corp  | 305700 |  | 5804 |
| &nbsp;&nbsp;&nbsp; Trend Micro Inc/Japan  | 170100 |  | 12704 |
| &nbsp;&nbsp;&nbsp; Tsubakimoto Chain Co  | 19500 |  | 245 |
| &nbsp;&nbsp;&nbsp; Unipres Corp  | 8600 |  | 59 |
| &nbsp;&nbsp;&nbsp; USS Co Ltd  | 147100 |  | 1589 |
| &nbsp;&nbsp;&nbsp; Vital KSK Holdings Inc  | 6300 |  | 55 |
| &nbsp;&nbsp;&nbsp; Wacom Co Ltd  | 31600 |  | 140 |
| &nbsp;&nbsp;&nbsp; Waseda Academy Co Ltd  | 3800 |  | 62 |
| &nbsp;&nbsp;&nbsp; WingArc1st Inc  | 3100 |  | 81 |
| &nbsp;&nbsp;&nbsp; Wowow Inc  | 2300 |  | 16 |
| &nbsp;&nbsp;&nbsp; Xebio Holdings Co Ltd  | 11100 |  | 88 |
| &nbsp;&nbsp;&nbsp; Yamagata Bank Ltd/The  | 4000 |  | 41 |
| &nbsp;&nbsp;&nbsp; Yamaha Corp  | 4351746 |  | 30289 |
| &nbsp;&nbsp;&nbsp; Yaskawa Electric Corp  | 20700 |  | 486 |
| &nbsp;&nbsp;&nbsp; Yokogawa Electric Corp  | 2400 |  | 59 |
| &nbsp;&nbsp;&nbsp; Yokowo Co Ltd  | 26400 |  | 226 |
| &nbsp;&nbsp;&nbsp; Yossix Holdings Co Ltd  | 11900 |  | 213 |
| &nbsp;&nbsp;&nbsp; Yushin Precision Equipment Co Ltd  | 5700 |  | 24 |
| &nbsp;&nbsp;&nbsp; Yutaka Giken Co Ltd  | 2100 |  | 40 |
| &nbsp;&nbsp;&nbsp; ZIGExN Co Ltd  | 54700 |  | 175 |
| &nbsp;&nbsp;&nbsp; ZOZO Inc  | 140500 |  | 1518 |
|  |  |  | 885753 |
| **Kuwait — 0.0%** | **Kuwait — 0.0%** | **Kuwait — 0.0%** | **Kuwait — 0.0%** |
| &nbsp;&nbsp;&nbsp; Boubyan Bank KSCP  | 1022910 |  | 2240 |
| **Luxembourg — 0.7%** | **Luxembourg — 0.7%** | **Luxembourg — 0.7%** | **Luxembourg — 0.7%** |
| &nbsp;&nbsp;&nbsp; ArcelorMittal SA  | 1263894 |  | 38312 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA <sup>\*</sup> | 27694 |  | 18420 |
|  |  |  | 56732 |
| **Macao — 0.8%** | **Macao — 0.8%** | **Macao — 0.8%** | **Macao — 0.8%** |
| &nbsp;&nbsp;&nbsp; Galaxy Entertainment Group Ltd  | 8215875 |  | 34740 |
| &nbsp;&nbsp;&nbsp; Sands China Ltd  | 14342178 |  | 27993 |
|  |  |  | 62733 |
| **Malaysia — 0.1%** | **Malaysia — 0.1%** | **Malaysia — 0.1%** | **Malaysia — 0.1%** |
| &nbsp;&nbsp;&nbsp; AMMB Holdings Bhd  | 736100 |  | 906 |
| &nbsp;&nbsp;&nbsp; Heineken Malaysia Bhd  | 17100 |  | 109 |
| &nbsp;&nbsp;&nbsp; Hong Leong Bank Bhd  | 193300 |  | 889 |
| &nbsp;&nbsp;&nbsp; Hong Leong Financial Group Bhd  | 32300 |  | 126 |
| &nbsp;&nbsp;&nbsp; Jaya Tiasa Holdings BHD  | 87300 |  | 24 |
| &nbsp;&nbsp;&nbsp; Leong Hup International Bhd  | 196800 |  | 29 |
| &nbsp;&nbsp;&nbsp; Pantech Group Holdings Bhd  | 216400 |  | 35 |
| &nbsp;&nbsp;&nbsp; Petronas Dagangan Bhd  | 8700 |  | 40 |
| &nbsp;&nbsp;&nbsp; RHB Bank Bhd  | 293600 |  | 444 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**World Equity Ex-US Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Sunway Bhd  | 1659400 | $| 1850 |
| &nbsp;&nbsp;&nbsp; United Plantations BHD  | 298200 |  | 1595 |
| &nbsp;&nbsp;&nbsp; Wasco Bhd  | 116600 |  | 26 |
| &nbsp;&nbsp;&nbsp; Wellcall Holdings Bhd  | 37400 |  | 12 |
|  |  |  | 6085 |
| **Mexico — 0.2%** | **Mexico — 0.2%** | **Mexico — 0.2%** | **Mexico — 0.2%** |
| &nbsp;&nbsp;&nbsp; Arca Continental SAB de CV  | 447200 |  | 4920 |
| &nbsp;&nbsp;&nbsp; El Puerto de Liverpool SAB de CV  | 11312 |  | 55 |
| &nbsp;&nbsp;&nbsp; Fomento Economico Mexicano SAB de CV ADR  | 7949 |  | 847 |
| &nbsp;&nbsp;&nbsp; Grupo Aeroportuario del Sureste SAB de CV, Cl B  | 50910 |  | 1633 |
| &nbsp;&nbsp;&nbsp; Industrias Penoles SAB de CV  | 87800 |  | 1852 |
| &nbsp;&nbsp;&nbsp; Southern Copper Corp  | 38608 |  | 3510 |
|  |  |  | 12817 |
| **Netherlands — 4.6%** | **Netherlands — 4.6%** | **Netherlands — 4.6%** | **Netherlands — 4.6%** |
| &nbsp;&nbsp;&nbsp; ABN AMRO Bank NV  | 207341 |  | 5359 |
| &nbsp;&nbsp;&nbsp; Argenx SE ADR <sup>\*</sup> | 4786 |  | 2744 |
| &nbsp;&nbsp;&nbsp; ASML Holding NV  | 69843 |  | 51447 |
| &nbsp;&nbsp;&nbsp; ASML Holding NV, Cl G  | 20871 |  | 15377 |
| &nbsp;&nbsp;&nbsp; ASR Nederland NV  | 23117 |  | 1482 |
| &nbsp;&nbsp;&nbsp; Euronext NV  | 7344 |  | 1197 |
| &nbsp;&nbsp;&nbsp; Flow Traders Ltd  | 78028 |  | 2597 |
| &nbsp;&nbsp;&nbsp; Heineken Holding NV  | 42057 |  | 3278 |
| &nbsp;&nbsp;&nbsp; Heineken NV  | 3710 |  | 331 |
| &nbsp;&nbsp;&nbsp; IMCD NV  | 145407 |  | 19760 |
| &nbsp;&nbsp;&nbsp; ING Groep NV  | 1876277 |  | 39849 |
| &nbsp;&nbsp;&nbsp; JDE Peet's NV  | 101089 |  | 2781 |
| &nbsp;&nbsp;&nbsp; Koninklijke Ahold Delhaize NV  | 751409 |  | 31707 |
| &nbsp;&nbsp;&nbsp; Koninklijke Heijmans N.V  | 45112 |  | 2867 |
| &nbsp;&nbsp;&nbsp; Koninklijke KPN NV  | 2361917 |  | 11103 |
| &nbsp;&nbsp;&nbsp; Koninklijke Philips NV  | 549561 |  | 12670 |
| &nbsp;&nbsp;&nbsp; NN Group NV  | 92563 |  | 5823 |
| &nbsp;&nbsp;&nbsp; QIAGEN NV  | 47472 |  | 2142 |
| &nbsp;&nbsp;&nbsp; Randstad NV  | 646491 |  | 27096 |
| &nbsp;&nbsp;&nbsp; SBM Offshore NV  | 84741 |  | 1944 |
| &nbsp;&nbsp;&nbsp; Signify NV  | 1458122 |  | 35628 |
| &nbsp;&nbsp;&nbsp; Topicus.com Inc <sup>\*</sup> | 2700 |  | 353 |
| &nbsp;&nbsp;&nbsp; Universal Music Group NV  | 892417 |  | 28550 |
| &nbsp;&nbsp;&nbsp; Wolters Kluwer NV  | 460416 |  | 81631 |
|  |  |  | 387716 |
| **New Zealand — 0.1%** | **New Zealand — 0.1%** | **New Zealand — 0.1%** | **New Zealand — 0.1%** |
| &nbsp;&nbsp;&nbsp; a2 Milk Co Ltd/The  | 594046 |  | 3184 |
| &nbsp;&nbsp;&nbsp; Fisher & Paykel Healthcare Corp Ltd  | 146540 |  | 3186 |
| &nbsp;&nbsp;&nbsp; Xero Ltd <sup>\*</sup> | 11623 |  | 1379 |
|  |  |  | 7749 |
| **Norway — 0.8%** | **Norway — 0.8%** | **Norway — 0.8%** | **Norway — 0.8%** |
| &nbsp;&nbsp;&nbsp; DNB Bank ASA  | 515209 |  | 13766 |
| &nbsp;&nbsp;&nbsp; Equinor ASA  | 1108903 |  | 25936 |
| &nbsp;&nbsp;&nbsp; Gjensidige Forsikring ASA  | 882113 |  | 22312 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Kongsberg Gruppen ASA  | 45704 | $| 8042 |
|  |  |  | 70056 |
| **Peru — 0.0%** | **Peru — 0.0%** | **Peru — 0.0%** | **Peru — 0.0%** |
| &nbsp;&nbsp;&nbsp; Credicorp Ltd  | 11246 |  | 2382 |
| &nbsp;&nbsp;&nbsp; Intercorp Financial Services Inc  | 9406 |  | 326 |
|  |  |  | 2708 |
| **Philippines — 0.0%** | **Philippines — 0.0%** | **Philippines — 0.0%** | **Philippines — 0.0%** |
| &nbsp;&nbsp;&nbsp; International Container Terminal Services Inc  | 444270 |  | 3261 |
| **Poland — 0.5%** | **Poland — 0.5%** | **Poland — 0.5%** | **Poland — 0.5%** |
| &nbsp;&nbsp;&nbsp; 11 bit studios SA <sup>\*</sup> | 1486 |  | 86 |
| &nbsp;&nbsp;&nbsp; Alior Bank SA  | 62101 |  | 1725 |
| &nbsp;&nbsp;&nbsp; Allegro.eu SA <sup>\*</sup> | 143961 |  | 1324 |
| &nbsp;&nbsp;&nbsp; Bank Polska Kasa Opieki SA  | 94721 |  | 4667 |
| &nbsp;&nbsp;&nbsp; CCC SA <sup>\*</sup> | 28647 |  | 1670 |
| &nbsp;&nbsp;&nbsp; CD Projekt SA  | 54331 |  | 3220 |
| &nbsp;&nbsp;&nbsp; Dino Polska SA <sup>\*</sup> | 27964 |  | 4103 |
| &nbsp;&nbsp;&nbsp; Lubelski Wegiel Bogdanka SA  | 8005 |  | 51 |
| &nbsp;&nbsp;&nbsp; ORLEN SA  | 535902 |  | 10526 |
| &nbsp;&nbsp;&nbsp; PGE Polska Grupa Energetyczna SA <sup>\*</sup> | 137895 |  | 344 |
| &nbsp;&nbsp;&nbsp; Powszechny Zaklad Ubezpieczen SA  | 682914 |  | 11152 |
| &nbsp;&nbsp;&nbsp; Rainbow Tours SA  | 4051 |  | 167 |
| &nbsp;&nbsp;&nbsp; Tauron Polska Energia SA <sup>\*</sup> | 233590 |  | 428 |
| &nbsp;&nbsp;&nbsp; Text SA  | 6668 |  | 95 |
| &nbsp;&nbsp;&nbsp; XTB SA  | 55537 |  | 1228 |
|  |  |  | 40786 |
| **Portugal — 0.1%** | **Portugal — 0.1%** | **Portugal — 0.1%** | **Portugal — 0.1%** |
| &nbsp;&nbsp;&nbsp; Banco Comercial Portugues SA, Cl R  | 2342599 |  | 1827 |
| &nbsp;&nbsp;&nbsp; Jeronimo Martins SGPS SA  | 84561 |  | 2131 |
|  |  |  | 3958 |
| **Qatar — 0.0%** | **Qatar — 0.0%** | **Qatar — 0.0%** | **Qatar — 0.0%** |
| &nbsp;&nbsp;&nbsp; Ooredoo QPSC  | 774074 |  | 2630 |
| &nbsp;&nbsp;&nbsp; Qatar Insurance Co SAQ  | 233109 |  | 126 |
| &nbsp;&nbsp;&nbsp; Qatar National Bank QPSC  | 158488 |  | 737 |
|  |  |  | 3493 |
| **Saudi Arabia — 0.4%** | **Saudi Arabia — 0.4%** | **Saudi Arabia — 0.4%** | **Saudi Arabia — 0.4%** |
| &nbsp;&nbsp;&nbsp; Arab National Bank  | 629648 |  | 3632 |
| &nbsp;&nbsp;&nbsp; Arabian Internet & Communications Services Co  | 15944 |  | 1118 |
| &nbsp;&nbsp;&nbsp; Astra Industrial Group  | 1968 |  | 83 |
| &nbsp;&nbsp;&nbsp; Elm Co  | 9626 |  | 2630 |
| &nbsp;&nbsp;&nbsp; Etihad Etisalat Co  | 888228 |  | 14111 |
| &nbsp;&nbsp;&nbsp; Mobile Telecommunications Co Saudi Arabia  | 205837 |  | 600 |
| &nbsp;&nbsp;&nbsp; Riyad Bank  | 510587 |  | 3950 |
| &nbsp;&nbsp;&nbsp; Saudi Telecom Co  | 779992 |  | 8703 |
| &nbsp;&nbsp;&nbsp; Zamil Industrial Investment Co <sup>\*</sup> | 20901 |  | 229 |
|  |  |  | 35056 |
| **Singapore — 1.1%** | **Singapore — 1.1%** | **Singapore — 1.1%** | **Singapore — 1.1%** |
| &nbsp;&nbsp;&nbsp; DBS Group Holdings Ltd  | 380040 |  | 13114 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Grab Holdings Ltd, Cl A <sup>\*</sup> | 277872 | $| 1353 |
| &nbsp;&nbsp;&nbsp; Hafnia Ltd  | 97401 |  | 492 |
| &nbsp;&nbsp;&nbsp; Keppel DC REIT <sup>‡</sup> | 1978300 |  | 3356 |
| &nbsp;&nbsp;&nbsp; Oversea-Chinese Banking Corp Ltd  | 678200 |  | 8519 |
| &nbsp;&nbsp;&nbsp; Sea Ltd ADR <sup>\*</sup> | 209010 |  | 33519 |
| &nbsp;&nbsp;&nbsp; Singapore Airlines Ltd  | 807600 |  | 4457 |
| &nbsp;&nbsp;&nbsp; Singapore Exchange Ltd  | 933900 |  | 10144 |
| &nbsp;&nbsp;&nbsp; Singapore Technologies Engineering Ltd  | 1475300 |  | 8920 |
| &nbsp;&nbsp;&nbsp; Singapore Telecommunications Ltd  | 3105100 |  | 9168 |
| &nbsp;&nbsp;&nbsp; STMicroelectronics NV, Cl Y  | 74256 |  | 1857 |
|  |  |  | 94899 |
| **South Africa — 0.4%** | **South Africa — 0.4%** | **South Africa — 0.4%** | **South Africa — 0.4%** |
| &nbsp;&nbsp;&nbsp; ArcelorMittal South Africa Ltd <sup>\*</sup> | 6024 |  |  |
| &nbsp;&nbsp;&nbsp; Capitec Bank Holdings Ltd  | 8956 |  | 1709 |
| &nbsp;&nbsp;&nbsp; Clicks Group Ltd  | 1475466 |  | 31718 |
| &nbsp;&nbsp;&nbsp; Old Mutual Ltd  | 2814140 |  | 1819 |
| &nbsp;&nbsp;&nbsp; Sanlam Ltd  | 367545 |  | 1804 |
| &nbsp;&nbsp;&nbsp; Sasol Ltd <sup>\*</sup> | 39569 |  | 178 |
|  |  |  | 37228 |
| **South Korea — 4.0%** | **South Korea — 4.0%** | **South Korea — 4.0%** | **South Korea — 4.0%** |
| &nbsp;&nbsp;&nbsp; ABLBio Inc <sup>\*</sup> | 30176 |  | 1768 |
| &nbsp;&nbsp;&nbsp; Alteogen Inc <sup>\*</sup> | 5512 |  | 1318 |
| &nbsp;&nbsp;&nbsp; Anapass Inc <sup>\*</sup> | 3203 |  | 42 |
| &nbsp;&nbsp;&nbsp; APR Corp/Korea <sup>\*</sup> | 18118 |  | 1512 |
| &nbsp;&nbsp;&nbsp; BNK Financial Group Inc  | 842434 |  | 6746 |
| &nbsp;&nbsp;&nbsp; Daeduck Co Ltd  | 8141 |  | 46 |
| &nbsp;&nbsp;&nbsp; DGB Financial Group Inc  | 24326 |  | 197 |
| &nbsp;&nbsp;&nbsp; Doosan Bobcat Inc  | 950000 |  | 32290 |
| &nbsp;&nbsp;&nbsp; Eugene Technology Co Ltd  | 10375 |  | 243 |
| &nbsp;&nbsp;&nbsp; Fila Holdings Corp  | 1003953 |  | 26198 |
| &nbsp;&nbsp;&nbsp; Genians Inc  | 3742 |  | 48 |
| &nbsp;&nbsp;&nbsp; Hana Financial Group Inc  | 313955 |  | 16512 |
| &nbsp;&nbsp;&nbsp; Hanyang Digitech Co Ltd <sup>\*</sup> | 3639 |  | 24 |
| &nbsp;&nbsp;&nbsp; HD Hyundai Electric Co Ltd  | 6852 |  | 1876 |
| &nbsp;&nbsp;&nbsp; HD Hyundai Heavy Industries Co Ltd  | 18271 |  | 5350 |
| &nbsp;&nbsp;&nbsp; Hugel Inc <sup>\*</sup> | 7442 |  | 1785 |
| &nbsp;&nbsp;&nbsp; I-Scream Media Co Ltd  | 4063 |  | 47 |
| &nbsp;&nbsp;&nbsp; KB Financial Group Inc  | 135840 |  | 10221 |
| &nbsp;&nbsp;&nbsp; KT&G Corp  | 411143 |  | 35745 |
| &nbsp;&nbsp;&nbsp; LG Corp  | 656545 |  | 33726 |
| &nbsp;&nbsp;&nbsp; LG Electronics Inc  | 102716 |  | 5283 |
| &nbsp;&nbsp;&nbsp; LG H&H Co Ltd  | 142116 |  | 33508 |
| &nbsp;&nbsp;&nbsp; LigaChem Biosciences Inc <sup>\*</sup> | 17486 |  | 1454 |
| &nbsp;&nbsp;&nbsp; Meritz Financial Group Inc  | 22622 |  | 1829 |
| &nbsp;&nbsp;&nbsp; Mgame Corp  | 3992 |  | 15 |
| &nbsp;&nbsp;&nbsp; Multicampus Co Ltd  | 1193 |  | 29 |
| &nbsp;&nbsp;&nbsp; NAVER Corp  | 24546 |  | 3326 |
| &nbsp;&nbsp;&nbsp; NCSoft Corp  | 6314 |  | 697 |
| &nbsp;&nbsp;&nbsp; NEPES Corp <sup>\*</sup> | 4981 |  | 28 |
| &nbsp;&nbsp;&nbsp; PSK Inc  | 45408 |  | 600 |
| &nbsp;&nbsp;&nbsp; Rainbow Robotics <sup>\*</sup> | 5712 |  | 1094 |
| &nbsp;&nbsp;&nbsp; Samsung Biologics Co Ltd <sup>\*</sup> | 1808 |  | 1351 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Samsung Electronics Co Ltd  | 1927325 | $| 78206 |
| &nbsp;&nbsp;&nbsp; Samyang Foods Co Ltd  | 2229 |  | 1791 |
| &nbsp;&nbsp;&nbsp; Seoul Semiconductor Co Ltd <sup>\*</sup> | 13710 |  | 65 |
| &nbsp;&nbsp;&nbsp; Shinhan Financial Group Co Ltd  | 538384 |  | 22519 |
| &nbsp;&nbsp;&nbsp; SK Hynix Inc  | 43365 |  | 6397 |
| &nbsp;&nbsp;&nbsp; Systems Technology Inc/South Korea  | 15415 |  | 222 |
| &nbsp;&nbsp;&nbsp; Union Semiconductor Equipment & Materials Co Ltd  | 26833 |  | 114 |
| &nbsp;&nbsp;&nbsp; Woori Financial Group Inc  | 97654 |  | 1363 |
|  |  |  | 335585 |
| **Spain — 1.8%** | **Spain — 1.8%** | **Spain — 1.8%** | **Spain — 1.8%** |
| &nbsp;&nbsp;&nbsp; ACS Actividades de Construccion y Servicios SA  | 31757 |  | 2086 |
| &nbsp;&nbsp;&nbsp; Aena SME SA  | 31830 |  | 8562 |
| &nbsp;&nbsp;&nbsp; Amadeus IT Group SA, Cl A  | 272806 |  | 22685 |
| &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya Argentaria SA  | 2069421 |  | 31061 |
| &nbsp;&nbsp;&nbsp; Banco Santander SA  | 336635 |  | 2685 |
| &nbsp;&nbsp;&nbsp; CaixaBank SA  | 4225900 |  | 35841 |
| &nbsp;&nbsp;&nbsp; Iberdrola SA  | 544716 |  | 9983 |
| &nbsp;&nbsp;&nbsp; Industria de Diseno Textil SA  | 583387 |  | 31600 |
| &nbsp;&nbsp;&nbsp; Inmobiliaria Colonial Socimi SA <sup>‡</sup> | 236477 |  | 1646 |
| &nbsp;&nbsp;&nbsp; Unicaja Banco SA  | 718714 |  | 1579 |
|  |  |  | 147728 |
| **Sweden — 1.6%** | **Sweden — 1.6%** | **Sweden — 1.6%** | **Sweden — 1.6%** |
| &nbsp;&nbsp;&nbsp; Alfa Laval AB  | 37526 |  | 1594 |
| &nbsp;&nbsp;&nbsp; Assa Abloy AB, Cl B  | 1053544 |  | 33377 |
| &nbsp;&nbsp;&nbsp; Atlas Copco AB, Cl B  | 301464 |  | 4284 |
| &nbsp;&nbsp;&nbsp; Cibus Nordic Real Estate AB publ  | 87684 |  | 1644 |
| &nbsp;&nbsp;&nbsp; H & M Hennes & Mauritz AB, Cl B  | 419107 |  | 5987 |
| &nbsp;&nbsp;&nbsp; Hexagon AB, Cl B  | 2013723 |  | 20263 |
| &nbsp;&nbsp;&nbsp; Loomis AB, Cl B  | 39041 |  | 1507 |
| &nbsp;&nbsp;&nbsp; Sandvik AB  | 79923 |  | 1741 |
| &nbsp;&nbsp;&nbsp; Securitas AB, Cl B  | 1430193 |  | 21111 |
| &nbsp;&nbsp;&nbsp; Skanska AB, Cl B  | 74182 |  | 1761 |
| &nbsp;&nbsp;&nbsp; SSAB AB, Cl B  | 298975 |  | 1773 |
| &nbsp;&nbsp;&nbsp; Swedish Orphan Biovitrum AB <sup>\*</sup> | 43783 |  | 1336 |
| &nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM Ericsson ADR  | 3556980 |  | 30092 |
| &nbsp;&nbsp;&nbsp; Telia Co AB  | 1855469 |  | 7162 |
|  |  |  | 133632 |
| **Switzerland — 5.1%** | **Switzerland — 5.1%** | **Switzerland — 5.1%** | **Switzerland — 5.1%** |
| &nbsp;&nbsp;&nbsp; ABB Ltd  | 822560 |  | 46678 |
| &nbsp;&nbsp;&nbsp; Accelleron Industries AG  | 61973 |  | 3585 |
| &nbsp;&nbsp;&nbsp; Allreal Holding AG  | 13898 |  | 3187 |
| &nbsp;&nbsp;&nbsp; Belimo Holding AG  | 5159 |  | 5001 |
| &nbsp;&nbsp;&nbsp; Chocoladefabriken Lindt & Spruengli AG  | 179 |  | 2887 |
| &nbsp;&nbsp;&nbsp; Cie Financiere Richemont SA, Cl A  | 35264 |  | 6666 |
| &nbsp;&nbsp;&nbsp; dormakaba Holding AG  | 2052 |  | 1831 |
| &nbsp;&nbsp;&nbsp; DSM-Firmenich AG  | 24671 |  | 2746 |
| &nbsp;&nbsp;&nbsp; Geberit AG  | 2177 |  | 1629 |
| &nbsp;&nbsp;&nbsp; Julius Baer Group Ltd  | 434974 |  | 28738 |
| &nbsp;&nbsp;&nbsp; Logitech International SA  | 308700 |  | 25768 |
| &nbsp;&nbsp;&nbsp; Nestle SA  | 102842 |  | 10976 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**World Equity Ex-US Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Novartis AG  | 178186 | $| 20604 |
| &nbsp;&nbsp;&nbsp; On Holding AG, Cl A <sup>\*</sup> | 29736 |  | 1766 |
| &nbsp;&nbsp;&nbsp; Partners Group Holding AG  | 30065 |  | 40430 |
| &nbsp;&nbsp;&nbsp; Roche Holding AG  | 364703 |  | 118353 |
| &nbsp;&nbsp;&nbsp; Schindler Holding AG  | 49548 |  | 17687 |
| &nbsp;&nbsp;&nbsp; Sportradar Group AG, Cl A <sup>\*</sup> | 140986 |  | 3371 |
| &nbsp;&nbsp;&nbsp; Sulzer AG  | 13301 |  | 2514 |
| &nbsp;&nbsp;&nbsp; Swatch Group AG/The  | 175322 |  | 29630 |
| &nbsp;&nbsp;&nbsp; Swissquote Group Holding SA  | 7816 |  | 4694 |
| &nbsp;&nbsp;&nbsp; Temenos AG  | 2391 |  | 178 |
| &nbsp;&nbsp;&nbsp; UBS Group AG  | 917052 |  | 29306 |
| &nbsp;&nbsp;&nbsp; VAT Group AG  | 49080 |  | 18758 |
| &nbsp;&nbsp;&nbsp; Zehnder Group AG  | 2587 |  | 200 |
|  |  |  | 427183 |
| **Taiwan — 3.7%** | **Taiwan — 3.7%** | **Taiwan — 3.7%** | **Taiwan — 3.7%** |
| &nbsp;&nbsp;&nbsp; Acter Group Corp Ltd  | 133000 |  | 1669 |
| &nbsp;&nbsp;&nbsp; Andes Technology Corp <sup>\*</sup> | 42000 |  | 374 |
| &nbsp;&nbsp;&nbsp; Anpec Electronics Corp  | 24000 |  | 129 |
| &nbsp;&nbsp;&nbsp; Arcadyan Technology Corp  | 375000 |  | 2649 |
| &nbsp;&nbsp;&nbsp; ASROCK Inc  | 222634 |  | 1567 |
| &nbsp;&nbsp;&nbsp; Asustek Computer Inc  | 1226000 |  | 25206 |
| &nbsp;&nbsp;&nbsp; Bizlink Holding Inc  | 79000 |  | 1659 |
| &nbsp;&nbsp;&nbsp; China Airlines Ltd  | 1236000 |  | 904 |
| &nbsp;&nbsp;&nbsp; Compal Electronics Inc  | 2852000 |  | 2703 |
| &nbsp;&nbsp;&nbsp; Cyberlink Corp  | 55000 |  | 201 |
| &nbsp;&nbsp;&nbsp; Elite Advanced Laser Corp <sup>\*</sup> | 213000 |  | 1321 |
| &nbsp;&nbsp;&nbsp; Ennoconn Corp  | 66000 |  | 658 |
| &nbsp;&nbsp;&nbsp; Eva Airways Corp  | 2288000 |  | 3091 |
| &nbsp;&nbsp;&nbsp; Evergreen Marine Corp Taiwan Ltd  | 1831800 |  | 14799 |
| &nbsp;&nbsp;&nbsp; FIT Hon Teng Ltd <sup>\*</sup> | 457000 |  | 119 |
| &nbsp;&nbsp;&nbsp; FocalTech Systems Co Ltd  | 46000 |  | 94 |
| &nbsp;&nbsp;&nbsp; General Interface Solution Holding Ltd <sup>\*</sup> | 341184 |  | 528 |
| &nbsp;&nbsp;&nbsp; General Plastic Industrial Co Ltd  | 29000 |  | 30 |
| &nbsp;&nbsp;&nbsp; Genesys Logic Inc  | 164000 |  | 909 |
| &nbsp;&nbsp;&nbsp; Himax Technologies Inc ADR  | 255186 |  | 2080 |
| &nbsp;&nbsp;&nbsp; Hon Hai Precision Industry Co Ltd  | 2953000 |  | 15039 |
| &nbsp;&nbsp;&nbsp; International Games System Co Ltd  | 449000 |  | 12504 |
| &nbsp;&nbsp;&nbsp; ITE Technology Inc  | 52783 |  | 235 |
| &nbsp;&nbsp;&nbsp; KGI Financial Holding Co Ltd  | 5184000 |  | 2962 |
| &nbsp;&nbsp;&nbsp; King Slide Works Co Ltd  | 51000 |  | 3420 |
| &nbsp;&nbsp;&nbsp; Lanner Electronics Inc  | 480 |  | 1 |
| &nbsp;&nbsp;&nbsp; Lotes Co Ltd  | 275000 |  | 11744 |
| &nbsp;&nbsp;&nbsp; MediaTek Inc  | 729146 |  | 29938 |
| &nbsp;&nbsp;&nbsp; Mitac Holdings Corp <sup>\*</sup> | 737000 |  | 1439 |
| &nbsp;&nbsp;&nbsp; MPI Corp  | 84000 |  | 2195 |
| &nbsp;&nbsp;&nbsp; Novatek Microelectronics Corp  | 788311 |  | 13425 |
| &nbsp;&nbsp;&nbsp; Nuvoton Technology Corp  | 38000 |  | 91 |
| &nbsp;&nbsp;&nbsp; Parade Technologies Ltd  | 38000 |  | 722 |
| &nbsp;&nbsp;&nbsp; Pegatron Corp  | 239000 |  | 661 |
| &nbsp;&nbsp;&nbsp; Pixart Imaging Inc  | 86000 |  | 623 |
| &nbsp;&nbsp;&nbsp; Pou Chen Corp  | 4686000 |  | 4834 |
| &nbsp;&nbsp;&nbsp; Realtek Semiconductor Corp  | 1113000 |  | 19846 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Shanghai Commercial & Savings Bank Ltd/The  | 1249000 | $| 1933 |
| &nbsp;&nbsp;&nbsp; Silicon Motion Technology Corp ADR  | 16889 |  | 1034 |
| &nbsp;&nbsp;&nbsp; Simplo Technology Co Ltd  | 62000 |  | 770 |
| &nbsp;&nbsp;&nbsp; Sitronix Technology Corp  | 65000 |  | 466 |
| &nbsp;&nbsp;&nbsp; Sunrex Technology Corp  | 123000 |  | 214 |
| &nbsp;&nbsp;&nbsp; Taishin Financial Holding Co Ltd  | 2485000 |  | 1414 |
| &nbsp;&nbsp;&nbsp; Taiwan Mobile Co Ltd  | 386000 |  | 1464 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co Ltd  | 2238000 |  | 71379 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co Ltd ADR  | 250277 |  | 48384 |
| &nbsp;&nbsp;&nbsp; Tong Yang Industry Co Ltd  | 681000 |  | 2938 |
| &nbsp;&nbsp;&nbsp; Uni-President Enterprises Corp  | 379000 |  | 1002 |
| &nbsp;&nbsp;&nbsp; VIA Labs Inc  | 12000 |  | 42 |
| &nbsp;&nbsp;&nbsp; Via Technologies Inc  | 376000 |  | 822 |
| &nbsp;&nbsp;&nbsp; Weblink International Inc  | 41000 |  | 77 |
| &nbsp;&nbsp;&nbsp; Wowprime Corp  | 17000 |  | 142 |
| &nbsp;&nbsp;&nbsp; Yang Ming Marine Transport Corp  | 713000 |  | 1876 |
| &nbsp;&nbsp;&nbsp; Yield Microelectronics Corp  | 53146 |  | 168 |
|  |  |  | 314494 |
| **Thailand — 0.5%** | **Thailand — 0.5%** | **Thailand — 0.5%** | **Thailand — 0.5%** |
| &nbsp;&nbsp;&nbsp; Advanced Info Service PCL  | 447700 |  | 3894 |
| &nbsp;&nbsp;&nbsp; Bangkok Bank PCL NVDR  | 4271700 |  | 18399 |
| &nbsp;&nbsp;&nbsp; Charoen Pokphand Foods PCL NVDR  | 2207700 |  | 1645 |
| &nbsp;&nbsp;&nbsp; Krung Thai Bank PCL NVDR  | 6340100 |  | 4282 |
| &nbsp;&nbsp;&nbsp; MK Restaurants Group PCL NVDR  | 95900 |  | 42 |
| &nbsp;&nbsp;&nbsp; Netbay PCL NVDR  | 59000 |  | 31 |
| &nbsp;&nbsp;&nbsp; PTT Exploration & Production PCL NVDR  | 2115000 |  | 6302 |
| &nbsp;&nbsp;&nbsp; SCB X PCL  | 2953000 |  | 10658 |
| &nbsp;&nbsp;&nbsp; Somboon Advance Technology PCL NVDR  | 114200 |  | 43 |
| &nbsp;&nbsp;&nbsp; TMBThanachart Bank PCL NVDR  | 3823200 |  | 223 |
|  |  |  | 45519 |
| **Turkey — 0.1%** | **Turkey — 0.1%** | **Turkey — 0.1%** | **Turkey — 0.1%** |
| &nbsp;&nbsp;&nbsp; Aselsan Elektronik Sanayi Ve Ticaret AS  | 1075251 |  | 3553 |
| &nbsp;&nbsp;&nbsp; Logo Yazilim Sanayi Ve Ticaret AS  | 35358 |  | 126 |
| &nbsp;&nbsp;&nbsp; Naturelgaz Sanayi ve Ticaret AS  | 218895 |  | 48 |
| &nbsp;&nbsp;&nbsp; Pegasus Hava Tasimaciligi AS <sup>\*</sup> | 515019 |  | 3168 |
| &nbsp;&nbsp;&nbsp; Sok Marketler Ticaret AS  | 248927 |  | 211 |
|  |  |  | 7106 |
| **United Arab Emirates — 0.8%** | **United Arab Emirates — 0.8%** | **United Arab Emirates — 0.8%** | **United Arab Emirates — 0.8%** |
| &nbsp;&nbsp;&nbsp; Abu Dhabi Commercial Bank PJSC  | 514945 |  | 1692 |
| &nbsp;&nbsp;&nbsp; Abu Dhabi Islamic Bank PJSC  | 507616 |  | 2650 |
| &nbsp;&nbsp;&nbsp; ADNOC Drilling Co PJSC  | 3638604 |  | 5199 |
| &nbsp;&nbsp;&nbsp; Adnoc Gas PLC  | 5973132 |  | 5330 |
| &nbsp;&nbsp;&nbsp; Aldar Properties PJSC  | 286743 |  | 648 |
| &nbsp;&nbsp;&nbsp; Dubai Islamic Bank PJSC  | 843774 |  | 1895 |
| &nbsp;&nbsp;&nbsp; Emaar Development PJSC  | 1933425 |  | 7051 |
| &nbsp;&nbsp;&nbsp; Emaar Properties PJSC  | 8378441 |  | 30003 |
| &nbsp;&nbsp;&nbsp; Emirates Integrated Telecommunications Co PJSC  | 47543 |  | 116 |
| &nbsp;&nbsp;&nbsp; Emirates NBD Bank PJSC  | 1101384 |  | 6717 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Emirates Telecommunications Group Co PJSC  | 530595 | $| 2482 |
| &nbsp;&nbsp;&nbsp; First Abu Dhabi Bank PJSC  | 162499 |  | 712 |
| &nbsp;&nbsp;&nbsp; Salik Co PJSC  | 1879500 |  | 2926 |
| &nbsp;&nbsp;&nbsp; Sharjah Islamic Bank  | 64842 |  | 47 |
|  |  |  | 67468 |
| **United Kingdom — 11.7%** | **United Kingdom — 11.7%** | **United Kingdom — 11.7%** | **United Kingdom — 11.7%** |
| &nbsp;&nbsp;&nbsp; Anglo American PLC  | 1118690 |  | 33209 |
| &nbsp;&nbsp;&nbsp; AstraZeneca PLC ADR  | 97065 |  | 7069 |
| &nbsp;&nbsp;&nbsp; Barclays PLC  | 5057919 |  | 22419 |
| &nbsp;&nbsp;&nbsp; Barclays PLC ADR  | 1280463 |  | 22831 |
| &nbsp;&nbsp;&nbsp; Birkenstock Holding PLC <sup>\*</sup> | 36893 |  | 1984 |
| &nbsp;&nbsp;&nbsp; BP PLC  | 6797990 |  | 33082 |
| &nbsp;&nbsp;&nbsp; Breedon Group PLC  | 38135 |  | 234 |
| &nbsp;&nbsp;&nbsp; British American Tobacco PLC  | 908338 |  | 40928 |
| &nbsp;&nbsp;&nbsp; Burberry Group PLC  | 3560774 |  | 49857 |
| &nbsp;&nbsp;&nbsp; Centrica PLC  | 7519879 |  | 16094 |
| &nbsp;&nbsp;&nbsp; Diageo PLC  | 1489628 |  | 40466 |
| &nbsp;&nbsp;&nbsp; Diploma PLC  | 366299 |  | 23179 |
| &nbsp;&nbsp;&nbsp; Endeavour Mining PLC  | 56101 |  | 1709 |
| &nbsp;&nbsp;&nbsp; Experian PLC  | 875329 |  | 43635 |
| &nbsp;&nbsp;&nbsp; FDM Group Holdings PLC  | 9669 |  | 30 |
| &nbsp;&nbsp;&nbsp; Ferrexpo PLC <sup>\*</sup> | 389845 |  | 285 |
| &nbsp;&nbsp;&nbsp; Gamma Communications PLC  | 430 |  | 7 |
| &nbsp;&nbsp;&nbsp; GSK PLC  | 1640392 |  | 33352 |
| &nbsp;&nbsp;&nbsp; GSK PLC ADR  | 8283 |  | 340 |
| &nbsp;&nbsp;&nbsp; Haleon PLC ADR  | 105221 |  | 1194 |
| &nbsp;&nbsp;&nbsp; Halma PLC  | 1034923 |  | 40609 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC  | 2824370 |  | 33303 |
| &nbsp;&nbsp;&nbsp; Imperial Brands PLC  | 725024 |  | 27521 |
| &nbsp;&nbsp;&nbsp; InterContinental Hotels Group PLC  | 202729 |  | 23251 |
| &nbsp;&nbsp;&nbsp; International Consolidated Airlines Group SA  | 1856210 |  | 8175 |
| &nbsp;&nbsp;&nbsp; Intertek Group PLC  | 200718 |  | 12972 |
| &nbsp;&nbsp;&nbsp; Investec PLC  | 561623 |  | 4009 |
| &nbsp;&nbsp;&nbsp; ITV PLC  | 36282459 |  | 38257 |
| &nbsp;&nbsp;&nbsp; J Sainsbury PLC  | 9217623 |  | 35483 |
| &nbsp;&nbsp;&nbsp; JD Sports Fashion PLC  | 31888214 |  | 36198 |
| &nbsp;&nbsp;&nbsp; London Stock Exchange Group PLC  | 313945 |  | 47811 |
| &nbsp;&nbsp;&nbsp; NatWest Group PLC  | 3882458 |  | 27593 |
| &nbsp;&nbsp;&nbsp; Ninety One PLC  | 38255 |  | 83 |
| &nbsp;&nbsp;&nbsp; Reckitt Benckiser Group PLC  | 1190742 |  | 81016 |
| &nbsp;&nbsp;&nbsp; RELX PLC  | 837385 |  | 45107 |
| &nbsp;&nbsp;&nbsp; Sage Group PLC/The  | 17749 |  | 292 |
| &nbsp;&nbsp;&nbsp; Shell PLC  | 841298 |  | 27903 |
| &nbsp;&nbsp;&nbsp; Smith & Nephew PLC  | 1026295 |  | 14906 |
| &nbsp;&nbsp;&nbsp; Smiths News PLC  | 201 |  |  |
| &nbsp;&nbsp;&nbsp; Standard Chartered PLC  | 104539 |  | 1632 |
| &nbsp;&nbsp;&nbsp; Tesco PLC  | 3425879 |  | 17942 |
| &nbsp;&nbsp;&nbsp; Travis Perkins PLC  | 759790 |  | 6525 |
| &nbsp;&nbsp;&nbsp; Unilever PLC  | 830993 |  | 52933 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; WPP PLC  | 3389535 | 27398 |
|  |  | 982823 |
| **United States — 1.1%** | **United States — 1.1%** | **United States — 1.1%** |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp <sup>\*</sup> | 1960098 | 35811 |
| &nbsp;&nbsp;&nbsp; ManpowerGroup Inc  | 694599 | 29138 |
| &nbsp;&nbsp;&nbsp; Western Union Co/The  | 2773459 | 25738 |
|  |  | 90687 |
| **Vietnam — 0.1%** | **Vietnam — 0.1%** | **Vietnam — 0.1%** |
| &nbsp;&nbsp;&nbsp; Vietnam Dairy Products JSC  | 5341600 | 11259 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $6,483,743) ($ Thousands) |  | 7966464 |
| **PREFERRED STOCK — 1.7%** | **PREFERRED STOCK — 1.7%** | **PREFERRED STOCK — 1.7%** |
| **Brazil — 0.5%** | **Brazil — 0.5%** | **Brazil — 0.5%** |
| &nbsp;&nbsp;&nbsp; Cia Energetica de Minas Gerais (A) | 8511390 | 16081 |
| &nbsp;&nbsp;&nbsp; Itau Unibanco Holding SA (A) | 2827190 | 18471 |
| &nbsp;&nbsp;&nbsp; Petroleo Brasileiro SA (A) | 155700 | 843 |
| &nbsp;&nbsp;&nbsp; Schulz SA (A) | 31000 | 30 |
|  |  | 35425 |
| **Chile — 0.0%** | **Chile — 0.0%** | **Chile — 0.0%** |
| &nbsp;&nbsp;&nbsp; Embotelladora Andina SA (A) | 333934 | 1421 |
| **Germany — 1.2%** | **Germany — 1.2%** | **Germany — 1.2%** |
| &nbsp;&nbsp;&nbsp; Henkel AG & Co KGaA (A) | 586926 | 47019 |
| &nbsp;&nbsp;&nbsp; Sartorius AG (A) | 78915 | 18927 |
| &nbsp;&nbsp;&nbsp; Volkswagen AG (A) | 330000 | 35725 |
|  |  | 101671 |
|  Total Preferred Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $142,065) ($ Thousands) |  | 138517 |
| **EXCHANGE-TRADED FUND — 0.1%** | **EXCHANGE-TRADED FUND — 0.1%** | **EXCHANGE-TRADED FUND — 0.1%** |
| **International — 0.1%** | **International — 0.1%** | **International — 0.1%** |
| &nbsp;&nbsp;&nbsp; iShares Core MSCI EAFE ETF  | 105179 | 8684 |
|  Total Exchange-Traded Fund  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $8,643) ($ Thousands) |  | 8684 |
|  | Number of<br> Warrants |  |
| **WARRANT — 0.0%** | **WARRANT — 0.0%** | **WARRANT — 0.0%** |
| **Canada — 0.0%** | **Canada — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Constellation Software Inc, Expires 08/22/2028 <sup>\*</sup>(B) | 2560 | – |
|  Total Warrant |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $—) ($ Thousands) |  | – |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**World Equity Ex-US Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **CASH EQUIVALENT — 1.1%** | **CASH EQUIVALENT — 1.1%** | **CASH EQUIVALENT — 1.1%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 94584803 | $94585 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $94,585) ($ Thousands) |  | 94585 |
| Total Investments in Securities — 97.6% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $6,729,036) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $6,729,036) ($ Thousands)  | $8208250 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Euro STOXX 50 | 462 | Jun-2025 | $27854 | $28154 | $4 |
| &nbsp;&nbsp; FTSE 100 Index | 154 | Jun-2025 | 17705 | 18237 | 288 |
| &nbsp;&nbsp; Hang Seng Index | 79 | Jun-2025 | 11731 | 11679 | (47) |
| &nbsp;&nbsp; S&P TSX 60 Index | 57 | Jun-2025 | 12733 | 13001 | 115 |
| &nbsp;&nbsp; SPI 200 Index | 110 | Jun-2025 | 14705 | 14967 | 180 |
| &nbsp;&nbsp; TOPIX Index | 116 | Jun-2025 | 21773 | 22490 | 499 |
|  |  |  | $106501 | $108528 | $1039 |

---

A list of the open OTC Swap agreement held by the Fund at May 31, 2025, is as follows:

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** |
| **Counterparty** | **Reference Entity/ Obligation** | **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional<br> Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/<br> Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| Morgan Stanley | Custom Basket of International Equity Securities | CUSTOM FINANCING | BASKET RETURN | Annually | 12/31/2049 | USD | (4227) | $18102 | $– | $18102 |
|  |  |  |  |  |  |  |  | $18102 | $– | $18102 |

---

The following table represents the top 50 individual stock exposures or those exceeding 1% of the Custom Basket Total Return Swap as of May 31, 2025:

International Custom Basket of Long Securities

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| 258165 | NOVARTIS AG | $28820 | $454 | (681.8)% |
| 106439 | LOBLAW COS LTD | 15177 | 2736 | (359.1) |
| 997756 | HSBC HOLDINGS PLC | 11412 | 325 | (270.0) |
| 294771 | BUREAU VERITAS | 9148 | 832 | (216.4) |
| 61688 | VINCI SA | 8636 | 174 | (204.3) |
| 99457 | BNP PARIBAS | 8492 | 593 | (200.9) |
| 442508 | ENGIE SA | 8366 | 1671 | (197.9) |
| 57909 | ASTRAZENECA PLC | 8345 | (32) | (197.4) |
| 56870 | EURONEXT NV | 8174 | 1175 | (193.4) |
| 1301236 | NATWEST GROUP PLC | 7680 | 1454 | (181.7) |
| 695287 | ROLLS-ROYCE HOLDINGS PLC | 7257 | 847 | (171.7) |
| 142645 | EXPERIAN PLC | 7092 | 11 | (167.8) |
| 188897 | GENERALI ORD | 6918 | (45) | (163.7) |
| 148000 | CHUGAI PHARMACEUTICAL CO LTD | 6906 | 806 | (163.4) |
| 206729 | UBS GROUP AG | 6868 | (203) | (162.5) |
| 624100 | JAPAN POST HOLDINGS CO LTD | 6503 | (443) | (153.9) |
| 823583 | ENEL SPA | 6438 | 1061 | (152.3) |
| 248490 | EQUINOR ASA | 6129 | (292) | (145.0) |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| 93242 | TOTALENERGIES SE | $5833 | $(358) | (138.0)% |
| 317005 | CREDIT AGRICOLE | 5763 | 315 | (136.3) |
| 44871 | NEXT PLC | 5754 | 1977 | (136.1) |
| 233300 | SONY GROUP CORP | 5648 | 513 | (133.6) |
| 1983 | HERMES INTL | 5412 | 42 | (128.0) |
| 103771 | 3I GROUP PLC | 5154 | 496 | (121.9) |
| 368230 | FRESNILLO PLC | 5120 | 639 | (121.1) |
| 107100 | HKEX | 5052 | 367 | (119.5) |
| 8645000 | PICC GROUP | 5040 | 568 | (119.2) |
| 5309628 | LLOYDS BANKING GROUP PLC | 4854 | 761 | (114.8) |
| 168651 | DNB ASA | 4338 | 344 | (102.6) |
| 1205499 | CONVATEC PLC | 4142 | 562 | (98.0) |
| 298937 | IG GROUP HOLDINGS PLC | 3969 | 528 | (93.9) |
| 910969 | MARKS & SPENCER GROUP PLC | 3836 | 759 | (90.7) |
| 19820 | GAMES WORKSHOP GROUP PLC | 3797 | 288 | (89.8) |
| 138900 | NS SOLUTIONS CORP | 3758 | (68) | (88.9) |
| 80863 | COCA-COLA HBC AG-DI | 3670 | 602 | (86.8) |
| 13181 | SAFRAN SA | 3650 | 264 | (86.3) |
| 33215 | COMPAGNIE DE SAINT GOBAIN | 3638 | 54 | (86.1) |
| 439500 | CLP HOLDINGS | 3598 | 189 | (85.1) |
| 121039 | AMER SPORTS INC | 3477 | 910 | (82.3) |
| 225890 | STANDARD CHARTERED PLC | 3416 | 137 | (80.8) |
| 28490 | SANOFI | 3346 | (526) | (79.1) |
| 4825 | ZURICH INSURANCE GROUP AG | 3325 | 132 | (78.7) |
| 94212 | KLEPIERRE | 3306 | 361 | (78.2) |
| 849104 | BARCLAYS PLC | 3286 | 441 | (77.7) |
| 57500 | ADVANTEST CORP | 3244 | (339) | (76.7) |
| 837150 | INTL CONSOLIDATED AIRLINE-DI | 3183 | 469 | (75.3) |
| 1399000 | CHINA LIFE | 2971 | (148) | (70.3) |
| 81593 | BOLIDEN | 2927 | (407) | (69.2) |
| 64253 | MAREX GROUP PLC | 2874 | (102) | (68.0) |
| 313792 | LAND SECURITIES GROUP PLC | 2681 | (3) | (63.4) |
| 78720 | ANGLOGOLD ASHANTI PLC | 2649 | 785 | (62.7) |
| 54933 | JD.COM INC | 2429 | (622) | (57.5) |
| 11485 | AIR LIQUIDE | 2402 | 4 | (56.8) |
| 112000 | SOFTCAT PLC | 2400 | 293 | (56.8) |
| 79717 | IMMUNOCORE HOLDINGS LTD | 2356 | 556 | (55.7) |
| 235016 | BABCOCK INTL GROUP PLC | 2311 | 637 | (54.7) |
| 1170216 | MITIE GROUP PLC | 2297 | 166 | (54.3) |
| 20206 | HOLCIM LTD | 2245 | (7) | (53.1) |
| 116198 | GETLINK | 2154 | 57 | (51.0) |
| 81940 | SMITHS GROUP PLC | 2129 | 245 | (50.4) |
| 33095 | CRANSWICK PLC | 2116 | 238 | (50.1) |
| 50287 | MORGAN SINDALL GROUP PLC | 2077 | 576 | (49.1) |
| 335156 | BALFOUR BEATTY PLC | 1996 | 280 | (47.2) |
| 177600 | TDK CORP | 1928 | 23 | (45.6) |
| 94538 | Nomad Holdings Ltd. Ordinary Shares  | 1816 | (156) | (43.0) |
| 263828 | SUPER GROUP SGHC LTD | 1808 | 481 | (42.8) |
| 93418 | CARNIVAL ADR | 1773 | 164 | (42.0) |
| 170389 | RIGHTMOVE PLC | 1689 | 17 | (40.0) |
| 126614 | ST JAMES'S PLACE PLC | 1668 | 237 | (39.5) |
| 826313 | QUILTER PLC | 1664 | 7 | (39.4) |
| 226685 | AIB GROUP | 1656 | 187 | (39.2) |
| 56785 | DIAGEO PLC | 1545 | (1) | (36.6) |
| 23007 | VERONA PHARMA PLC - ADR | 1541 | 300 | (36.5) |
| 8773 | GTT | 1490 | 137 | (35.3) |
| 19770 | LEG IMMOBILIEN SE | 1483 | 241 | (35.1) |
| 1076425 | SIGMAROC PLC | 1476 | 83 | (34.9) |
| 97206 | DUNELM GROUP PLC | 1475 | 84 | (34.9) |
| 964161 | CURRYS PLC | 1466 | 111 | (34.7) |
| 8932 | ASCENDIS PHA-ADR | 1459 | (5) | (34.5) |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**World Equity Ex-US Fund** (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| 132221 | GENIUS SPORTS LTD | $1434 | $(172) | (33.9)% |
| 178200 | AIA | 1433 | 45 | (33.9) |
| 61703 | BAE SYSTEMS PLC | 1428 | 149 | (33.8) |
| 740283 | JUST GROUP PLC | 1409 | 85 | (33.3) |
| 32503 | QIFU TECHNOLOGY INC | 1349 | (13) | (31.9) |
| 223666 | AJ BELL PLC | 1234 | 240 | (29.2) |
| 77239 | SEEK LTD | 1207 | 2 | (28.6) |
| 10641 | INTERCONTINENTAL HOTELS GROUP | 1199 | 19 | (28.4) |
| 56007 | BETSSON B | 1082 |  | (25.6) |
| 4014 | VUSIONGROUP | 1029 | 8 | (24.3) |
| 37173 | CDN UTILITIES | 974 | 138 | (23.0) |
| 48815 | MAPLE LEAF FOODS | 971 | (3) | (23.0) |
| 121129 | VOLUTION GROUP PLC | 913 | 129 | (21.6) |
| 339069 | INTERNATIONAL WORKPLACE GROUP | 880 | 1 | (20.8) |
| 59171 | CENTESSA PHARMACEUTICALS PLC | 791 | (356) | (18.7) |
| 42552 | GAMMA COMMUNICATIONS PLC | 695 | (25) | (16.4) |
| 64820 | PARAGON BANKING GROUP PLC | 673 | 298 | (15.9) |
| 32635 | PARAMOUNT RES | 454 | (2) | (10.7) |
| 151586 | GREENCORE GROUP PLC | 454 | 3 | (10.7) |
| 12100 | SANKI ENGINEERING CO LTD | 319 |  | (7.5) |

---

International Custom Basket of Short Securities

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| (131251) | CANADIAN NATIONAL RAILWAY | $(12988) | $(686) | 307.3% |
| (365198) | ASSOCIATED BRITISH FOODS PLC | (9968) | (369) | 235.8 |
| (677600) | ONO PHARMACEUTICAL CO LTD | (7511) | 218 | 177.7 |
| (86501) | SPIRAX GROUP PLC | (7363) | 653 | 174.2 |
| (580700) | KYOCERA CORP | (6742) | (295) | 159.5 |
| (141991) | PORSCHE AUTOMOBIL HOLDING SE | (5934) | 15 | 140.4 |
| (33592) | THOMSON REUTERS CORP | (5885) | (751) | 139.2 |
| (177200) | AGC INC | (5559) | 343 | 131.5 |
| (1094871) | APA GROUP | (5438) | (365) | 128.7 |
| (172800) | TOTO LTD | (4796) | 398 | 113.5 |
| (148545) | ADECCO GROUP AG-REG | (4780) | 493 | 113.1 |
| (1229977) | B&M EUROPEAN VALUE RETAIL SA | (4500) | (1137) | 106.5 |
| (190026) | BCE INC | (4463) | 365 | 105.6 |
| (2225000) | CAPITALAND INVESTMENT LTD/SI | (4343) | (5) | 102.7 |
| (4498511) | XINYI GLASS | (4308) | 37 | 101.9 |
| (77000) | YAMATO KOGYO CO LTD | (4244) | (287) | 100.4 |
| (137237) | VALMET OYJ | (4198) | (339) | 99.3 |
| (1950400) | SATS LTD | (4114) | (543) | 97.3 |
| (21604) | SWATCH GROUP  | (3908) | 164 | 92.5 |
| (221618) | CVC CAPITAL PARTNERS PLC | (3887) | (269) | 92.0 |
| (182763) | SIG GROUP AG | (3782) | (26) | 89.5 |
| (338600) | SG HOLDINGS CO LTD | (3663) | 393 | 86.7 |
| (2435) | PARTNERS GROUP | (3626) | 263 | 85.8 |
| (112460) | IGM FINANCIAL INC | (3564) | (14) | 84.3 |
| (705247) | SCHRODERS PLC | (3496) | 18 | 82.7 |
| (6141000) | GENTING SINGAPORE LIMITED | (3435) | 84 | 81.3 |
| (352550) | SAMPO OYJ A | (3417) | (443) | 80.8 |
| (593695) | NEXI SPA | (3412) | (299) | 80.7 |
| (81785) | INTERPUMP GROUP | (3210) | 16 | 75.9 |
| (938090) | STOCKLAND | (2986) | (288) | 70.7 |
| (3123000) | MAPLETREE PAN ASIA COMMERCIAL | (2931) | 95 | 69.4 |
| (18512) | BOYD GROUP SERVICES INC | (2931) | 192 | 69.3 |
| (269500) | RICOH CO LTD | (2914) | 414 | 68.9 |
| (26507) | COLOPLAST B | (2799) | 237 | 66.2 |
| (85711) | SPECTRIS PLC | (2770) | 416 | 65.5 |
| (148300) | NIPPON EXPRESS HOLDINGS INC | (2728) | (3) | 64.5 |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| (14155) | WASTE CONNECTIONS INC | $(2661) | $(106) | 63.0% |
| (68571) | GREAT-WEST LIFECO INC | (2611) | 13 | 61.8 |
| (228430) | GLANBIA | (2610) | (693) | 61.8 |
| (2524982) | ITV PLC | (2590) | (144) | 61.3 |
| (345488) | KINNEVIK B | (2584) | (469) | 61.1 |
| (501643) | ALGONQUIN PWR & UTILS CORP | (2582) | (172) | 61.1 |
| (117700) | SUMITOMO METAL MINING CO LTD | (2568) | (122) | 60.7 |
| (23090) | BCV | (2509) | (258) | 59.4 |
| (151621) | MONDI PLC | (2484) | (35) | 58.8 |
| (113800) | WEST JAPAN RAILWAY CO | (2472) | 16 | 58.5 |
| (261000) | VENTURE CORPORATION LTD | (2421) | 107 | 57.3 |
| (3049000) | HANG LUNG PPT | (2415) | 13 | 57.1 |
| (147200) | FUJI CORP | (2349) | (17) | 55.6 |
| (33030) | JULIUS BAER | (2304) | 49 | 54.5 |
| (82383) | ATS CORP | (2269) | (94) | 53.7 |
| (317300) | ASMPT | (2265) | 127 | 53.6 |
| (216250) | BREMBO N.V. | (2231) | 194 | 52.8 |
| (829209) | MAN GROUP PLC/JERSEY | (2224) | 194 | 52.6 |
| (26877) | FISCHER N | (2170) | (3) | 51.3 |
| (42417) | BROOKFIELD ASSET MGMT-A-W/I | (2135) | (250) | 50.5 |
| (74476) | AZIMUT HLDG | (2127) | (177) | 50.3 |
| (885433) | BT GROUP PLC | (2117) | (26) | 50.1 |
| (34007) | BACHEM N | (2111) | (43) | 49.9 |
| (43808) | ALIMENT COUC A | (2107) | (150) | 49.8 |
| (205300) | AMADA CO LTD | (2093) | 1 | 49.5 |
| (41506) | MIZRAHI TEFAHOT BANK LTD | (2017) | (366) | 47.7 |
| (1664600) | BUD APAC | (1997) | 275 | 47.2 |
| (45528) | BECHTLE | (1990) | (14) | 47.1 |
| (76800) | THK CO LTD | (1981) | (110) | 46.9 |
| (519600) | CITY DEVT LTD | (1979) | 13 | 46.8 |
| (40590) | SALMAR ASA | (1967) | 170 | 46.5 |
| (143034) | NORTHLAND POWER INC | (1951) | (192) | 46.2 |
| (72100) | YASKAWA ELECTRIC CORP | (1942) | 236 | 45.9 |
| (310900) | CITIZEN WATCH CO LTD | (1934) | 83 | 45.8 |
| (1602300) | SPARK NEW ZEALAND LTD | (1932) | (305) | 45.7 |
| (2068000) | MAPLETREE LOGISTICS TRUST | (1926) | 157 | 45.6 |
| (149773) | RIOCAN REAL UN | (1925) | 25 | 45.5 |
| (22821) | TOROMONT INDS | (1916) | (56) | 45.3 |
| (129400) | HISCOX LTD | (1913) | (308) | 45.3 |
| (22815) | TFI International Inc | (1912) | (49) | 45.2 |
| (203000) | KS HOLDINGS CORP | (1904) | (51) | 45.0 |
| (343500) | JX ADVANCED METALS CORP | (1878) | 9 | 44.4 |
| (294957) | NEW MELROSE INDUSTRIES PLC | (1872) | 14 | 44.3 |
| (278993) | BENDIGO AND ADELAIDE BANK | (1860) | (501) | 44.0 |
| (9209) | TECAN HLD N | (1855) | 4 | 43.9 |
| (361137) | HUSQVARNA B | (1843) | 16 | 43.6 |
| (321762) | PENNON GROUP PLC | (1806) | (388) | 42.7 |
| (36552) | DR ING HC F PORSCHE AG | (1794) | 32 | 42.4 |
| (60535) | CDN APART | (1790) | (183) | 42.3 |
| (4511) | YPSOMED HOLDING | (1788) | (493) | 42.3 |
| (906563) | METCASH LTD | (1783) | (175) | 42.2 |
| (400803) | RENTOKIL INITIAL PLC | (1765) | (150) | 41.8 |
| (180238) | IVANHOE MINES LTD | (1749) | 367 | 41.4 |
| (165851) | CHOICE PROPERTIES REIT | (1747) | (66) | 41.3 |
| (136300) | KOITO MFG CO LTD | (1742) | 27 | 41.2 |
| (163538) | INFRASTRUTTURE WIRELESS ITALIANE SPA (IT | (1739) | (260) | 41.1 |
| (285100) | PENTA-OCEAN CONST CO LTD | (1731) | 4 | 41.0 |
| (210763) | FABEGE | (1721) | (90) | 40.7 |
| (61536) | RUSSEL METAL | (1711) | (134) | 40.5 |
| (7680000) | PACIFIC BASIN | (1699) | (234) | 40.2 |
| (195285) | HEXPOL B | (1677) | (205) | 39.7 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**World Equity Ex-US Fund** (Concluded)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| (481328) | DOWNER EDI LTD | $(1662) | $(210) | 39.3% |
| (179711) | EDP RENOVAVEIS | (1659) | (132) | 39.2 |
| (210185) | RS GROUP PLC | (1649) | 48 | 39.0 |
| (63395) | BAYER AG | (1644) | (130) | 38.9 |
| (255795) | DAVIDE CAMPARI-MILANO NV | (1643) | (31) | 38.9 |
| (35494) | RANDSTAD NV | (1640) | 107 | 38.8 |
| (24906) | SYDBANK | (1625) | (115) | 38.4 |
| (221800) | TOKAI CARBON CO LTD | (1599) | 5 | 37.8 |
| (189900) | THE CHIBA BANK LTD | (1589) | (133) | 37.6 |
| (252227) | IDP EDUCATION LTD | (1588) | 325 | 37.6 |
| (14507) | NEXANS | (1555) | (144) | 36.8 |
| (91051) | DOMINO'S PIZZA ENTERPRISES  | (1550) | 159 | 36.7 |
| (117000) | JFE HOLDINGS INC | (1542) | 167 | 36.5 |
| (151629) | UMICORE | (1533) | (156) | 36.3 |
| (269527) | ELEKTA B | (1531) | 126 | 36.2 |
| (20454) | ONEX CORP | (1516) | 1 | 35.9 |
| (106700) | MINEBEA MITSUMI INC | (1509) | 5 | 35.7 |
| (43100) | ULVAC INC | (1509) | 5 | 35.7 |
| (21115) | BRENNTAG SE | (1492) | 24 | 35.3 |
| (21660) | EVOLUTION AB | (1489) | 8 | 35.2 |
| (542406) | IGO LTD | (1482) | 139 | 35.1 |
| (5247) | ESSILORLUXOTTICA | (1473) | 18 | 34.8 |
| (18159) | AMUNDI SA | (1470) | (7) | 34.8 |
| (23128) | LANDIS GYR GROUP AG | (1461) | 5 | 34.6 |
| (71335) | SEADRILL LIMITED | (1458) | (190) | 34.5 |
| (7552) | SOPRA STERIA GROUP | (1446) | (170) | 34.2 |
| (74900) | JARDINE CYCLE CARRIAGE LTD | (1441) | (37) | 34.1 |
| (136300) | HAMAMATSU PHOTONICS KK | (1438) | (19) | 34.0 |
| (707600) | SANDS CHINA LTD | (1427) | 38 | 33.8 |
| (56205) | PUMA SE | (1425) | (57) | 33.7 |
| (116600) | AISIN CORP | (1424) | (76) | 33.7 |
| (14073) | DESCARTES | (1420) | (198) | 33.6 |
| (525136) | ILUKA RESOURCES LTD | (1410) | 169 | 33.4 |
| (9724) | BEIERSDORF | (1409) | 78 | 33.3 |
| (327500) | OJI HOLDINGS CORP | (1407) | (136) | 33.3 |
| (104512) | PREMIER INVESTMENTS LTD | (1406) | 40 | 33.3 |
| (27374) | ARCADIS | (1406) | (28) | 33.3 |
| (5220) | SARTORIUS | (1405) | 162 | 33.2 |
| (201684) | EVOTEC SE | (1403) | (184) | 33.2 |
| (159652) | BFF BANK SPA | (1396) | (241) | 33.0 |
| (27185) | LUNDBERGFRETAGEN B | (1395) | 8 | 33.0 |
| (64332) | AMPLIFON | (1389) | (100) | 32.9 |
| (560100) | WILMAR INTL | (1381) | 27 | 32.7 |
| (221500) | TODA CORP | (1367) | 4 | 32.3 |
| (35700) | KOBAYASHI PHARMACEUTICAL CO LTD | (1365) | 72 | 32.3 |
| (13661) | SEB | (1358) | 2 | 32.1 |
| (76400) | STANLEY ELECTRIC CO LTD | (1350) | (111) | 31.9 |
| (5057) | COMET HOLDINGS | (1350) | (2) | 31.9 |
| (25892) | REMY COINTREAU | (1298) | (79) | 30.7 |
| (36363) | BROOKFIELD INFRASTRUCTURE-A | (1294) | (149) | 30.6 |
| (1286000) | SINO LAND | (1294) | (18) | 30.6 |
| (66241) | SAPUTO GP | (1279) | 5 | 30.3 |
| (154500) | JGC HOLDINGS CORP | (1264) | (29) | 29.9 |
| (124009) | PERPETUAL LTD | (1235) | (173) | 29.2 |
| (47053) | OPEN TEXT CORP | (1231) | (90) | 29.1 |
| (924124) | REGION GROUP | (1218) | (183) | 28.8 |
| (178956) | YELLOW CAKE PLC | (1168) | 6 | 27.6 |
| (302247) | LENDLEASE GROUP | (1164) | 96 | 27.5 |
| (9907) | GOEASY LTD | (1081) | 4 | 25.6 |
| (22500) | HU GROUP HOLDINGS INC | (484) | 1 | 11.5 |
| (47703) | SUPER RETAIL GROUP LTD | (439) | (1) | 10.4 |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| (1227) | NICE LTD AMERICAN DEPOSITARY SHARES | $(200) | $(190) | 4.7% |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $8,412,365 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| <sup>‡</sup> | Real Estate Investment Trust. |
| (A) | No interest rate available. |
| (B) | Level 3 security in accordance with fair value hierarchy. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)<sup>(1)</sup>** |  | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 588535 | 7377929 |  |  | 7966464 |
| &nbsp;&nbsp;&nbsp; Preferred Stock | 138517 |  |  |  | 138517 |
| &nbsp;&nbsp;&nbsp; Exchange-Traded Fund | 8684 |  |  |  | 8684 |
| &nbsp;&nbsp;&nbsp; Warrant |  |  |  | ^ |  |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 94585 | – |  |  | 94585 |
|  Total Investments in Securities | 830321 | 7377929 |  |  | 8208250 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 1086 |  |  | 1086 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (47) |  |  | (47) |
| &nbsp;&nbsp;&nbsp; OTC Swap |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Return Swap\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | – | 18102 |  | 18102 |
| Total Other Financial Instruments | 1039 | 18102 |  | 19141 |

---

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

---

| | |
|:---|:---|
| (1) | A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the end of the period in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets. |
| ^ | This category includes securities with a value of $0. |

---

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Liquidity Fund, LP  | $35680 | $9 | $(35607) | $(46) | $(36) | $— | $180 | $— |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | 49270 | 1133096 | (1087781) |  |  | 94585 | 5812 |  |
| Totals  | $84950 | $1133105 | $(1123388) | $(46) | $(36) | $94585 | $5992 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Screened World Equity Ex-US Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 94.0%** | **COMMON STOCK — 94.0%** | **COMMON STOCK — 94.0%** |
| **Argentina — 0.0%** | **Argentina — 0.0%** | **Argentina — 0.0%** |
| &nbsp;&nbsp;&nbsp; Vista Energy SAB de CV ADR <sup>\*</sup> | 872 | $43 |
| **Australia — 3.5%** | **Australia — 3.5%** | **Australia — 3.5%** |
| &nbsp;&nbsp;&nbsp; ANZ Group Holdings Ltd  | 2677 | 50 |
| &nbsp;&nbsp;&nbsp; Aristocrat Leisure Ltd  | 5627 | 226 |
| &nbsp;&nbsp;&nbsp; BlueScope Steel Ltd  | 3605 | 53 |
| &nbsp;&nbsp;&nbsp; Brambles Ltd  | 20638 | 308 |
| &nbsp;&nbsp;&nbsp; Capral Ltd  | 9442 | 67 |
| &nbsp;&nbsp;&nbsp; Charter Hall Group <sup>‡</sup> | 3817 | 45 |
| &nbsp;&nbsp;&nbsp; Cogstate Ltd <sup>\*</sup> | 75820 | 64 |
| &nbsp;&nbsp;&nbsp; Coles Group Ltd  | 3055 | 42 |
| &nbsp;&nbsp;&nbsp; Commonwealth Bank of Australia  | 2390 | 271 |
| &nbsp;&nbsp;&nbsp; Computershare Ltd  | 34639 | 895 |
| &nbsp;&nbsp;&nbsp; Eagers Automotive Ltd  | 3545 | 40 |
| &nbsp;&nbsp;&nbsp; Emerald Resources NL <sup>\*</sup> | 16165 | 50 |
| &nbsp;&nbsp;&nbsp; Evolution Mining Ltd  | 22405 | 128 |
| &nbsp;&nbsp;&nbsp; Fiducian Group Ltd  | 5226 | 33 |
| &nbsp;&nbsp;&nbsp; Fleetwood Ltd  | 27962 | 51 |
| &nbsp;&nbsp;&nbsp; GenusPlus Group Ltd  | 13878 | 30 |
| &nbsp;&nbsp;&nbsp; Gold Road Resources Ltd  | 35440 | 78 |
| &nbsp;&nbsp;&nbsp; GR Engineering Services Ltd  | 51824 | 93 |
| &nbsp;&nbsp;&nbsp; Hipages Group Holdings Ltd <sup>\*</sup> | 27014 | 15 |
| &nbsp;&nbsp;&nbsp; Horizon Oil Ltd  | 288026 | 32 |
| &nbsp;&nbsp;&nbsp; JB Hi-Fi Ltd  | 460 | 32 |
| &nbsp;&nbsp;&nbsp; Macmahon Holdings Ltd  | 286343 | 54 |
| &nbsp;&nbsp;&nbsp; MotorCycle Holdings Ltd  | 19034 | 33 |
| &nbsp;&nbsp;&nbsp; Netwealth Group Ltd  | 4006 | 83 |
| &nbsp;&nbsp;&nbsp; Northern Star Resources Ltd  | 33991 | 461 |
| &nbsp;&nbsp;&nbsp; Orica Ltd  | 4658 | 56 |
| &nbsp;&nbsp;&nbsp; Playside Studios Ltd <sup>\*</sup> | 111888 | 10 |
| &nbsp;&nbsp;&nbsp; Pro Medicus Ltd  | 4102 | 742 |
| &nbsp;&nbsp;&nbsp; Qantas Airways Ltd  | 25799 | 176 |
| &nbsp;&nbsp;&nbsp; Qube Holdings Ltd  | 29410 | 80 |
| &nbsp;&nbsp;&nbsp; Ramelius Resources Ltd  | 24647 | 46 |
| &nbsp;&nbsp;&nbsp; REA Group Ltd  | 183 | 28 |
| &nbsp;&nbsp;&nbsp; Regis Healthcare Ltd  | 11886 | 62 |
| &nbsp;&nbsp;&nbsp; Ricegrowers Ltd  | 1488 | 10 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Ltd  | 16000 | 1162 |
| &nbsp;&nbsp;&nbsp; Servcorp Ltd  | 13099 | 48 |
| &nbsp;&nbsp;&nbsp; Shape Australia Pty Ltd  | 27384 | 58 |
| &nbsp;&nbsp;&nbsp; Sigma Healthcare Ltd  | 46035 | 92 |
| &nbsp;&nbsp;&nbsp; SKS Technologies Group Ltd  | 25605 | 29 |
| &nbsp;&nbsp;&nbsp; Solvar Ltd  | 40173 | 43 |
| &nbsp;&nbsp;&nbsp; Southern Cross Media Group Ltd <sup>\*</sup> | 29325 | 13 |
| &nbsp;&nbsp;&nbsp; Technology One Ltd  | 9443 | 250 |
| &nbsp;&nbsp;&nbsp; Vault Minerals Ltd <sup>\*</sup> | 195585 | 57 |
|  |  | 6196 |
| **Austria — 0.2%** | **Austria — 0.2%** | **Austria — 0.2%** |
| &nbsp;&nbsp;&nbsp; Erste Group Bank AG  | 2973 | 239 |
| &nbsp;&nbsp;&nbsp; Fabasoft AG  | 2230 | 44 |
| &nbsp;&nbsp;&nbsp; Porr Ag  | 2068 | 68 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Strabag SE  | 389 | $| 34 |
|  |  |  | 385 |
| **Belgium — 0.7%** | **Belgium — 0.7%** | **Belgium — 0.7%** | **Belgium — 0.7%** |
| &nbsp;&nbsp;&nbsp; Syensqo SA  | 15000 |  | 1151 |
| **Brazil — 2.8%** | **Brazil — 2.8%** | **Brazil — 2.8%** | **Brazil — 2.8%** |
| &nbsp;&nbsp;&nbsp; Allied Tecnologia SA  | 7600 |  | 10 |
| &nbsp;&nbsp;&nbsp; Ambev SA  | 587999 |  | 1433 |
| &nbsp;&nbsp;&nbsp; Banco do Brasil SA  | 270000 |  | 1103 |
| &nbsp;&nbsp;&nbsp; BRF SA  | 20400 |  | 73 |
| &nbsp;&nbsp;&nbsp; Cia de Saneamento Basico do Estado de Sao Paulo SABESP  | 2700 |  | 55 |
| &nbsp;&nbsp;&nbsp; Pagseguro Digital Ltd, Cl A  | 8493 |  | 76 |
| &nbsp;&nbsp;&nbsp; Profarma Distribuidora de Produtos Farmaceuticos SA (Brazil)  | 36500 |  | 55 |
| &nbsp;&nbsp;&nbsp; Telefonica Brasil SA  | 270000 |  | 1345 |
| &nbsp;&nbsp;&nbsp; TOTVS SA  | 81600 |  | 608 |
| &nbsp;&nbsp;&nbsp; Wheaton Precious Metals Corp  | 1142 |  | 99 |
|  |  |  | 4857 |
| **Cameroon — 0.0%** | **Cameroon — 0.0%** | **Cameroon — 0.0%** | **Cameroon — 0.0%** |
| &nbsp;&nbsp;&nbsp; Golar LNG Ltd  | 1673 |  | 69 |
| **Canada — 5.5%** | **Canada — 5.5%** | **Canada — 5.5%** | **Canada — 5.5%** |
| &nbsp;&nbsp;&nbsp; Agnico Eagle Mines Ltd  | 2277 |  | 268 |
| &nbsp;&nbsp;&nbsp; Alamos Gold Inc, Cl A  | 4132 |  | 107 |
| &nbsp;&nbsp;&nbsp; Aritzia Inc <sup>\*</sup> | 2195 |  | 106 |
| &nbsp;&nbsp;&nbsp; Atco Ltd/Canada, Cl I  | 2432 |  | 91 |
| &nbsp;&nbsp;&nbsp; Barrick Gold Corp  | 74392 |  | 1424 |
| &nbsp;&nbsp;&nbsp; Birchcliff Energy Ltd  | 13629 |  | 64 |
| &nbsp;&nbsp;&nbsp; Brookfield Corp, Cl A  | 911 |  | 53 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce  | 10736 |  | 730 |
| &nbsp;&nbsp;&nbsp; Canadian Natural Resources Ltd  | 4459 |  | 135 |
| &nbsp;&nbsp;&nbsp; CCL Industries Inc, Cl B  | 1999 |  | 116 |
| &nbsp;&nbsp;&nbsp; Celestica Inc <sup>\*</sup> | 1169 |  | 135 |
| &nbsp;&nbsp;&nbsp; Centerra Gold Inc  | 20200 |  | 144 |
| &nbsp;&nbsp;&nbsp; Coveo Solutions Inc <sup>\*</sup> | 4600 |  | 23 |
| &nbsp;&nbsp;&nbsp; D2L Inc <sup>\*</sup> | 12829 |  | 128 |
| &nbsp;&nbsp;&nbsp; Dollarama Inc  | 11543 |  | 1482 |
| &nbsp;&nbsp;&nbsp; Dorel Industries Inc, Cl B <sup>\*</sup> | 5541 |  | 6 |
| &nbsp;&nbsp;&nbsp; Dynacor Group Inc  | 5232 |  | 18 |
| &nbsp;&nbsp;&nbsp; Emera Inc  | 5220 |  | 239 |
| &nbsp;&nbsp;&nbsp; Empire Co Ltd, Cl A  | 8346 |  | 322 |
| &nbsp;&nbsp;&nbsp; Enghouse Systems Ltd  | 500 |  | 10 |
| &nbsp;&nbsp;&nbsp; Finning International Inc  | 4047 |  | 149 |
| &nbsp;&nbsp;&nbsp; FirstService Corp  | 700 |  | 122 |
| &nbsp;&nbsp;&nbsp; Fortuna Mining Corp <sup>\*</sup> | 6700 |  | 39 |
| &nbsp;&nbsp;&nbsp; George Weston Ltd  | 500 |  | 100 |
| &nbsp;&nbsp;&nbsp; Hemisphere Energy Corp  | 61461 |  | 78 |
| &nbsp;&nbsp;&nbsp; High Liner Foods Inc  | 12200 |  | 160 |
| &nbsp;&nbsp;&nbsp; iA Financial Corp Inc  | 5634 |  | 573 |
| &nbsp;&nbsp;&nbsp; K92 Mining Inc <sup>\*</sup> | 6206 |  | 64 |
| &nbsp;&nbsp;&nbsp; Kinaxis Inc <sup>\*</sup> | 400 |  | 57 |
| &nbsp;&nbsp;&nbsp; Kinross Gold Corp  | 13068 |  | 193 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Knight Therapeutics Inc <sup>\*</sup> | 14700 | $| 62 |
| &nbsp;&nbsp;&nbsp; Lassonde Industries Inc, Cl Common Subs. Receipt  | 700 |  | 112 |
| &nbsp;&nbsp;&nbsp; Lundin Gold Inc  | 2028 |  | 98 |
| &nbsp;&nbsp;&nbsp; Mandalay Resources Corp, Cl Common Subs. Receipt <sup>\*</sup> | 8193 |  | 30 |
| &nbsp;&nbsp;&nbsp; Manulife Financial Corp  | 10771 |  | 342 |
| &nbsp;&nbsp;&nbsp; Melcor Developments Ltd  | 2800 |  | 28 |
| &nbsp;&nbsp;&nbsp; Monument Mining Ltd <sup>\*</sup> | 127500 |  | 42 |
| &nbsp;&nbsp;&nbsp; National Bank of Canada  | 1466 |  | 144 |
| &nbsp;&nbsp;&nbsp; Neo Performance Materials Inc  | 1000 |  | 7 |
| &nbsp;&nbsp;&nbsp; North West Co Inc/The  | 1352 |  | 56 |
| &nbsp;&nbsp;&nbsp; Peyto Exploration & Development Corp  | 3318 |  | 45 |
| &nbsp;&nbsp;&nbsp; PHX Energy Services Corp  | 1429 |  | 8 |
| &nbsp;&nbsp;&nbsp; Quebecor Inc, Cl B  | 2000 |  | 56 |
| &nbsp;&nbsp;&nbsp; Reitmans Canada Ltd, Cl A <sup>\*</sup> | 11197 |  | 18 |
| &nbsp;&nbsp;&nbsp; Rubellite Energy Inc <sup>\*</sup> | 10700 |  | 14 |
| &nbsp;&nbsp;&nbsp; Secure Energy Services Inc  | 3737 |  | 42 |
| &nbsp;&nbsp;&nbsp; Shopify Inc, Cl A <sup>\*</sup> | 1315 |  | 140 |
| &nbsp;&nbsp;&nbsp; Source Energy Services Ltd <sup>\*</sup> | 2100 |  | 17 |
| &nbsp;&nbsp;&nbsp; Stantec Inc  | 1337 |  | 137 |
| &nbsp;&nbsp;&nbsp; Suncor Energy Inc  | 2997 |  | 106 |
| &nbsp;&nbsp;&nbsp; Tamarack Valley Energy Ltd  | 23349 |  | 74 |
| &nbsp;&nbsp;&nbsp; TerraVest Industries Inc  | 812 |  | 100 |
| &nbsp;&nbsp;&nbsp; Thinkific Labs Inc <sup>\*</sup> | 25200 |  | 47 |
| &nbsp;&nbsp;&nbsp; TMX Group Ltd  | 2747 |  | 111 |
| &nbsp;&nbsp;&nbsp; Toromont Industries Ltd  | 6597 |  | 571 |
| &nbsp;&nbsp;&nbsp; Total Energy Services Inc  | 7500 |  | 56 |
| &nbsp;&nbsp;&nbsp; TransAlta Corp  | 7036 |  | 69 |
| &nbsp;&nbsp;&nbsp; Vecima Networks Inc  | 1000 |  | 7 |
|  |  |  | 9675 |
| **Chile — 0.0%** | **Chile — 0.0%** | **Chile — 0.0%** | **Chile — 0.0%** |
| &nbsp;&nbsp;&nbsp; Falabella SA  | 16215 |  | 77 |
| **China — 4.9%** | **China — 4.9%** | **China — 4.9%** | **China — 4.9%** |
| &nbsp;&nbsp;&nbsp; Agricultural Bank of China Ltd, Cl H  | 778000 |  | 498 |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd ADR  | 2353 |  | 268 |
| &nbsp;&nbsp;&nbsp; Aluminum Corp of China Ltd, Cl H  | 68000 |  | 40 |
| &nbsp;&nbsp;&nbsp; Anji Microelectronics Technology Shanghai Co Ltd, Cl A  | 1857 |  | 44 |
| &nbsp;&nbsp;&nbsp; Anker Innovations Technology Co Ltd, Cl A  | 4710 |  | 66 |
| &nbsp;&nbsp;&nbsp; Anton Oilfield Services Group/Hong Kong  | 492000 |  | 68 |
| &nbsp;&nbsp;&nbsp; Archosaur Games Inc <sup>\*</sup> | 258000 |  | 48 |
| &nbsp;&nbsp;&nbsp; Autohome Inc, Cl A  | 1500 |  | 9 |
| &nbsp;&nbsp;&nbsp; Baidu Inc, Cl A <sup>\*</sup> | 29950 |  | 307 |
| &nbsp;&nbsp;&nbsp; Bank of Gansu Co Ltd, Cl H <sup>\*</sup> | 266000 |  | 8 |
| &nbsp;&nbsp;&nbsp; BeiGene Ltd <sup>\*</sup> | 2600 |  | 50 |
| &nbsp;&nbsp;&nbsp; Beijing Enlight Media Co Ltd, Cl A  | 19700 |  | 48 |
| &nbsp;&nbsp;&nbsp; Best Pacific International Holdings Ltd  | 118000 |  | 38 |
| &nbsp;&nbsp;&nbsp; Bilibili Inc, Cl Z <sup>\*</sup> | 12180 |  | 223 |
| &nbsp;&nbsp;&nbsp; Bluestar Adisseo Co, Cl A  | 37300 |  | 50 |
| &nbsp;&nbsp;&nbsp; BOC Hong Kong Holdings Ltd  | 17000 |  | 72 |
| &nbsp;&nbsp;&nbsp; Bohai Leasing Co Ltd, Cl A <sup>\*</sup> | 141100 |  | 64 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; BYD Co Ltd, Cl H  | 2500 | $124 |
| &nbsp;&nbsp;&nbsp; China Boqi Environmental Holding Co Ltd  | 121000 | 12 |
| &nbsp;&nbsp;&nbsp; China Construction Bank Corp, Cl H  | 632000 | 565 |
| &nbsp;&nbsp;&nbsp; China Xinhua Education Group Ltd  | 122000 | 9 |
| &nbsp;&nbsp;&nbsp; CNOOC Energy Technology & Services Ltd, Cl A  | 77100 | 44 |
| &nbsp;&nbsp;&nbsp; Dong-E-E-Jiao Co Ltd, Cl A  | 7100 | 54 |
| &nbsp;&nbsp;&nbsp; Eastroc Beverage Group Co Ltd, Cl A  | 4410 | 196 |
| &nbsp;&nbsp;&nbsp; E-Star Commercial Management Co Ltd  | 262000 | 43 |
| &nbsp;&nbsp;&nbsp; Gambol Pet Group Co Ltd, Cl A  | 3000 | 45 |
| &nbsp;&nbsp;&nbsp; Geely Automobile Holdings Ltd  | 44000 | 98 |
| &nbsp;&nbsp;&nbsp; Giant Biogene Holding Co ltd  | 5200 | 47 |
| &nbsp;&nbsp;&nbsp; Homeland Interactive Technology Ltd  | 54000 | 8 |
| &nbsp;&nbsp;&nbsp; Hunan Gold Corp Ltd, Cl A  | 13500 | 42 |
| &nbsp;&nbsp;&nbsp; Industrial & Commercial Bank of China Ltd, Cl H  | 177000 | 128 |
| &nbsp;&nbsp;&nbsp; JD Logistics Inc <sup>\*</sup> | 33500 | 53 |
| &nbsp;&nbsp;&nbsp; JD.com Inc, Cl A  | 8900 | 144 |
| &nbsp;&nbsp;&nbsp; JOYY Inc ADR  | 1562 | 75 |
| &nbsp;&nbsp;&nbsp; Kingsoft Corp Ltd  | 9000 | 38 |
| &nbsp;&nbsp;&nbsp; Kuaishou Technology, Cl B <sup>\*</sup> | 66300 | 446 |
| &nbsp;&nbsp;&nbsp; Lenovo Group Ltd  | 210000 | 240 |
| &nbsp;&nbsp;&nbsp; Linmon Media Ltd  | 34300 | 11 |
| &nbsp;&nbsp;&nbsp; Meituan, Cl B <sup>\*</sup> | 8100 | 140 |
| &nbsp;&nbsp;&nbsp; Midea Group Co Ltd, Cl A  | 10200 | 112 |
| &nbsp;&nbsp;&nbsp; Natural Food International Holding Ltd  | 296000 | 28 |
| &nbsp;&nbsp;&nbsp; NetEase Inc  | 23600 | 571 |
| &nbsp;&nbsp;&nbsp; Neusoft Education Technology Co Ltd  | 43200 | 18 |
| &nbsp;&nbsp;&nbsp; New Hope Service Holdings Ltd  | 73000 | 17 |
| &nbsp;&nbsp;&nbsp; Ningbo Shuanglin Auto Parts Co Ltd, Cl A  | 7000 | 41 |
| &nbsp;&nbsp;&nbsp; Ping An Insurance Group Co of China Ltd, Cl H  | 8000 | 47 |
| &nbsp;&nbsp;&nbsp; Pop Mart International Group Ltd  | 4200 | 117 |
| &nbsp;&nbsp;&nbsp; Postal Savings Bank of China Co Ltd, Cl H  | 324000 | 210 |
| &nbsp;&nbsp;&nbsp; Prosus NV  | 2054 | 106 |
| &nbsp;&nbsp;&nbsp; Qifu Technology Inc ADR  | 426 | 18 |
| &nbsp;&nbsp;&nbsp; Shandong Himile Mechanical Science & Technology Co Ltd, Cl A  | 9200 | 78 |
| &nbsp;&nbsp;&nbsp; Shanghai Allist Pharmaceuticals Co Ltd, Cl A  | 7133 | 97 |
| &nbsp;&nbsp;&nbsp; Shenguan Holdings Group Ltd  | 1030572 | 41 |
| &nbsp;&nbsp;&nbsp; Sichuan Biokin Pharmaceutical Co Ltd, Cl A <sup>\*</sup> | 1283 | 54 |
| &nbsp;&nbsp;&nbsp; SITC International Holdings Co Ltd  | 15000 | 48 |
| &nbsp;&nbsp;&nbsp; Tencent Holdings Ltd  | 19700 | 1242 |
| &nbsp;&nbsp;&nbsp; TK Group Holdings Ltd  | 290374 | 71 |
| &nbsp;&nbsp;&nbsp; Tongdao Liepin Group  | 38600 | 17 |
| &nbsp;&nbsp;&nbsp; Ugreen Group Ltd, Cl A  | 10500 | 74 |
| &nbsp;&nbsp;&nbsp; Victory Giant Technology Huizhou Co Ltd, Cl A  | 5600 | 67 |
| &nbsp;&nbsp;&nbsp; Vipshop Holdings Ltd ADR  | 20667 | 285 |
| &nbsp;&nbsp;&nbsp; X Financial ADR  | 3785 | 71 |
| &nbsp;&nbsp;&nbsp; Xiaomi Corp, Cl B <sup>\*</sup> | 55200 | 355 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Screened World Equity Ex-US Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Xingye Alloy Materials Group Ltd <sup>\*</sup> | 57569 | $| 7 |
| &nbsp;&nbsp;&nbsp; XJ International Holdings Co Ltd <sup>\*</sup> | 2166000 |  | 60 |
| &nbsp;&nbsp;&nbsp; XPeng Inc, Cl A <sup>\*</sup> | 5100 |  | 49 |
| &nbsp;&nbsp;&nbsp; Yangzijiang Shipbuilding Holdings Ltd  | 14900 |  | 24 |
| &nbsp;&nbsp;&nbsp; Yankershop Food Co Ltd, Cl A  | 4500 |  | 55 |
| &nbsp;&nbsp;&nbsp; Yantai China Pet Foods Co Ltd, Cl A  | 5200 |  | 45 |
| &nbsp;&nbsp;&nbsp; Zhejiang Akcome New Energy Technology Co Ltd <sup>\*</sup> | 92600 |  |  |
| &nbsp;&nbsp;&nbsp; Zhejiang NHU Co Ltd, Cl A  | 17200 |  | 52 |
| &nbsp;&nbsp;&nbsp; Zhongzhi Pharmaceutical Holdings Ltd  | 69000 |  | 8 |
|  |  |  | 8548 |
| **Colombia — 0.0%** | **Colombia — 0.0%** | **Colombia — 0.0%** | **Colombia — 0.0%** |
| &nbsp;&nbsp;&nbsp; Ecopetrol SA ADR  | 6263 |  | 53 |
| **Denmark — 1.9%** | **Denmark — 1.9%** | **Denmark — 1.9%** | **Denmark — 1.9%** |
| &nbsp;&nbsp;&nbsp; ALK-Abello A/S <sup>\*</sup> | 2011 |  | 55 |
| &nbsp;&nbsp;&nbsp; AP Moller - Maersk A/S, Cl B  | 1278 |  | 2315 |
| &nbsp;&nbsp;&nbsp; Coloplast A/S, Cl B  | 4381 |  | 426 |
| &nbsp;&nbsp;&nbsp; DSV A/S  | 208 |  | 49 |
| &nbsp;&nbsp;&nbsp; Genmab A/S <sup>\*</sup> | 88 |  | 19 |
| &nbsp;&nbsp;&nbsp; ISS A/S  | 1687 |  | 45 |
| &nbsp;&nbsp;&nbsp; Novonesis (Novozymes) B, Cl B  | 702 |  | 49 |
| &nbsp;&nbsp;&nbsp; Pandora A/S  | 1365 |  | 250 |
| &nbsp;&nbsp;&nbsp; ROCKWOOL A/S, Cl A  | 1057 |  | 50 |
| &nbsp;&nbsp;&nbsp; ROCKWOOL A/S, Cl B  | 1270 |  | 60 |
|  |  |  | 3318 |
| **Finland — 0.8%** | **Finland — 0.8%** | **Finland — 0.8%** | **Finland — 0.8%** |
| &nbsp;&nbsp;&nbsp; Atria Oyj, Cl A  | 766 |  | 11 |
| &nbsp;&nbsp;&nbsp; Consti Oyj  | 439 |  | 5 |
| &nbsp;&nbsp;&nbsp; HKFoods Oyj, Cl A  | 18459 |  | 30 |
| &nbsp;&nbsp;&nbsp; Konecranes Oyj, Cl A  | 582 |  | 45 |
| &nbsp;&nbsp;&nbsp; Multitude PLC  | 2931 |  | 24 |
| &nbsp;&nbsp;&nbsp; Nokia Oyj  | 227409 |  | 1183 |
| &nbsp;&nbsp;&nbsp; Nokia Oyj ADR  | 15875 |  | 83 |
| &nbsp;&nbsp;&nbsp; Orion Oyj, Cl B  | 793 |  | 54 |
| &nbsp;&nbsp;&nbsp; Ponsse Oyj  | 445 |  | 15 |
| &nbsp;&nbsp;&nbsp; Raute Oyj, Cl A  | 437 |  | 8 |
| &nbsp;&nbsp;&nbsp; Relais Group Oyj  | 518 |  | 9 |
| &nbsp;&nbsp;&nbsp; Scanfil Oyj  | 1357 |  | 13 |
|  |  |  | 1480 |
| **France — 5.3%** | **France — 5.3%** | **France — 5.3%** | **France — 5.3%** |
| &nbsp;&nbsp;&nbsp; ABC arbitrage  | 3606 |  | 25 |
| &nbsp;&nbsp;&nbsp; BNP Paribas SA  | 11556 |  | 1012 |
| &nbsp;&nbsp;&nbsp; Caisse Regionale de Credit Agricole Mutuel Nord de France  | 716 |  | 15 |
| &nbsp;&nbsp;&nbsp; Carrefour SA  | 87262 |  | 1305 |
| &nbsp;&nbsp;&nbsp; Danone SA  | 16625 |  | 1421 |
| &nbsp;&nbsp;&nbsp; Dassault Systemes SE  | 174 |  | 6 |
| &nbsp;&nbsp;&nbsp; Electricite de Strasbourg SA  | 113 |  | 18 |
| &nbsp;&nbsp;&nbsp; EssilorLuxottica SA  | 3844 |  | 1068 |
| &nbsp;&nbsp;&nbsp; Infotel SA  | 265 |  | 13 |
| &nbsp;&nbsp;&nbsp; Ipsen SA  | 1615 |  | 190 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis Vuitton SE  | 1162 | $| 630 |
| &nbsp;&nbsp;&nbsp; Pernod Ricard SA  | 3507 |  | 363 |
| &nbsp;&nbsp;&nbsp; Quadient SA  | 4 |  |  |
| &nbsp;&nbsp;&nbsp; Societe BIC SA  | 16534 |  | 1021 |
| &nbsp;&nbsp;&nbsp; Societe Generale SA  | 13908 |  | 755 |
| &nbsp;&nbsp;&nbsp; SPIE SA  | 438 |  | 22 |
| &nbsp;&nbsp;&nbsp; Synergie SE <sup>\*</sup> | 476 |  | 18 |
| &nbsp;&nbsp;&nbsp; Technip Energies NV  | 1692 |  | 64 |
| &nbsp;&nbsp;&nbsp; Teleperformance SE  | 12113 |  | 1224 |
| &nbsp;&nbsp;&nbsp; Vente-Unique.Com SA  | 286 |  | 4 |
| &nbsp;&nbsp;&nbsp; Vetoquinol SA  | 289 |  | 25 |
| &nbsp;&nbsp;&nbsp; VIEL & Cie SA  | 4146 |  | 75 |
|  |  |  | 9274 |
| **Germany — 7.2%** | **Germany — 7.2%** | **Germany — 7.2%** | **Germany — 7.2%** |
| &nbsp;&nbsp;&nbsp; adidas AG  | 2419 |  | 603 |
| &nbsp;&nbsp;&nbsp; Allianz SE  | 565 |  | 224 |
| &nbsp;&nbsp;&nbsp; Auto1 Group SE <sup>\*</sup> | 2269 |  | 61 |
| &nbsp;&nbsp;&nbsp; Bastei Luebbe AG  | 2568 |  | 30 |
| &nbsp;&nbsp;&nbsp; Bayer AG  | 52000 |  | 1464 |
| &nbsp;&nbsp;&nbsp; Bilfinger SE  | 516 |  | 46 |
| &nbsp;&nbsp;&nbsp; Birkenstock Holding PLC <sup>\*</sup> | 1107 |  | 60 |
| &nbsp;&nbsp;&nbsp; Cewe Stiftung & Co KGAA  | 1197 |  | 136 |
| &nbsp;&nbsp;&nbsp; Commerzbank AG  | 2435 |  | 74 |
| &nbsp;&nbsp;&nbsp; Continental AG  | 22857 |  | 2004 |
| &nbsp;&nbsp;&nbsp; CTS Eventim AG & Co KGaA  | 1402 |  | 170 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank AG  | 13809 |  | 382 |
| &nbsp;&nbsp;&nbsp; Deutsche Boerse AG  | 2605 |  | 839 |
| &nbsp;&nbsp;&nbsp; Deutsche Lufthansa AG  | 6121 |  | 49 |
| &nbsp;&nbsp;&nbsp; Deutsche Wohnen SE  | 1842 |  | 48 |
| &nbsp;&nbsp;&nbsp; E.ON SE  | 7599 |  | 133 |
| &nbsp;&nbsp;&nbsp; flatexDEGIRO AG  | 3185 |  | 88 |
| &nbsp;&nbsp;&nbsp; GEA Group AG  | 2707 |  | 181 |
| &nbsp;&nbsp;&nbsp; Gesco SE  | 590 |  | 12 |
| &nbsp;&nbsp;&nbsp; Heidelberg Materials AG  | 698 |  | 137 |
| &nbsp;&nbsp;&nbsp; HOCHTIEF AG  | 390 |  | 72 |
| &nbsp;&nbsp;&nbsp; K+S AG  | 2452 |  | 45 |
| &nbsp;&nbsp;&nbsp; Knorr-Bremse AG  | 558 |  | 56 |
| &nbsp;&nbsp;&nbsp; KSB SE & Co KGaA  | 47 |  | 45 |
| &nbsp;&nbsp;&nbsp; Leifheit AG  | 994 |  | 23 |
| &nbsp;&nbsp;&nbsp; MBB SE  | 719 |  | 125 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Group AG  | 20000 |  | 1196 |
| &nbsp;&nbsp;&nbsp; MLP SE  | 1441 |  | 13 |
| &nbsp;&nbsp;&nbsp; Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen  | 473 |  | 306 |
| &nbsp;&nbsp;&nbsp; Nabaltec AG  | 2379 |  | 43 |
| &nbsp;&nbsp;&nbsp; Nemetschek SE  | 550 |  | 76 |
| &nbsp;&nbsp;&nbsp; Platform Group AG <sup>\*</sup> | 3443 |  | 45 |
| &nbsp;&nbsp;&nbsp; Rational AG  | 52 |  | 43 |
| &nbsp;&nbsp;&nbsp; Rheinmetall AG  | 134 |  | 287 |
| &nbsp;&nbsp;&nbsp; RWE AG  | 2444 |  | 92 |
| &nbsp;&nbsp;&nbsp; SAP SE  | 5365 |  | 1623 |
| &nbsp;&nbsp;&nbsp; Scout24 SE  | 8529 |  | 1162 |
| &nbsp;&nbsp;&nbsp; Siemens AG  | 1247 |  | 300 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; SUSS MicroTec SE  | 1346 | $| 59 |
| &nbsp;&nbsp;&nbsp; TAG Immobilien AG  | 2532 |  | 43 |
| &nbsp;&nbsp;&nbsp; Talanx AG  | 436 |  | 57 |
| &nbsp;&nbsp;&nbsp; Vonovia SE  | 1312 |  | 43 |
| &nbsp;&nbsp;&nbsp; Westwing Group SE <sup>\*</sup> | 912 |  | 8 |
| &nbsp;&nbsp;&nbsp; Zalando SE <sup>\*</sup> | 3943 |  | 141 |
|  |  |  | 12644 |
| **Greece — 0.2%** | **Greece — 0.2%** | **Greece — 0.2%** | **Greece — 0.2%** |
| &nbsp;&nbsp;&nbsp; Alpha Services and Holdings SA  | 25007 |  | 80 |
| &nbsp;&nbsp;&nbsp; Alumil Aluminium Industry SA <sup>\*</sup> | 3104 |  | 18 |
| &nbsp;&nbsp;&nbsp; Eurobank Ergasias Services and Holdings SA  | 23558 |  | 73 |
| &nbsp;&nbsp;&nbsp; National Bank of Greece SA  | 3099 |  | 37 |
| &nbsp;&nbsp;&nbsp; OPAP SA  | 1872 |  | 40 |
| &nbsp;&nbsp;&nbsp; Piraeus Port Authority SA  | 966 |  | 49 |
| &nbsp;&nbsp;&nbsp; StealthGas Inc <sup>\*</sup> | 1351 |  | 8 |
|  |  |  | 305 |
| **Hong Kong — 3.4%** | **Hong Kong — 3.4%** | **Hong Kong — 3.4%** | **Hong Kong — 3.4%** |
| &nbsp;&nbsp;&nbsp; AIA Group Ltd  | 250090 |  | 2082 |
| &nbsp;&nbsp;&nbsp; Ajisen China Holdings Ltd  | 417000 |  | 41 |
| &nbsp;&nbsp;&nbsp; Build King Holdings Ltd  | 25302 |  | 3 |
| &nbsp;&nbsp;&nbsp; Dream International Ltd  | 90000 |  | 66 |
| &nbsp;&nbsp;&nbsp; Futu Holdings Ltd ADR  | 456 |  | 47 |
| &nbsp;&nbsp;&nbsp; Goldlion Holdings Ltd  | 141000 |  | 17 |
| &nbsp;&nbsp;&nbsp; Hong Kong Exchanges & Clearing Ltd  | 17200 |  | 860 |
| &nbsp;&nbsp;&nbsp; Jacobson Pharma Corp Ltd  | 126000 |  | 21 |
| &nbsp;&nbsp;&nbsp; Johnson Electric Holdings Ltd  | 16001 |  | 43 |
| &nbsp;&nbsp;&nbsp; Lee's Pharmaceutical Holdings Ltd  | 86110 |  | 16 |
| &nbsp;&nbsp;&nbsp; LH GROUP LTD  | 56000 |  | 3 |
| &nbsp;&nbsp;&nbsp; Midland Holdings Ltd <sup>\*</sup> | 445994 |  | 66 |
| &nbsp;&nbsp;&nbsp; New Times Corp Ltd <sup>\*</sup> | 578000 |  | 3 |
| &nbsp;&nbsp;&nbsp; Orient Overseas International Ltd  | 1000 |  | 17 |
| &nbsp;&nbsp;&nbsp; PAX Global Technology Ltd  | 137000 |  | 84 |
| &nbsp;&nbsp;&nbsp; Perennial Energy Holdings Ltd  | 176985 |  | 17 |
| &nbsp;&nbsp;&nbsp; Sitoy Group Holdings Ltd  | 322000 |  | 21 |
| &nbsp;&nbsp;&nbsp; Smart-Core Holdings Ltd  | 134000 |  | 29 |
| &nbsp;&nbsp;&nbsp; Sundart Holdings Ltd <sup>\*</sup> | 274000 |  | 27 |
| &nbsp;&nbsp;&nbsp; Swire Pacific Ltd, Cl A  | 135500 |  | 1154 |
| &nbsp;&nbsp;&nbsp; Texwinca Holdings Ltd  | 629257 |  | 51 |
| &nbsp;&nbsp;&nbsp; Tian An China Investment Co Ltd  | 14000 |  | 8 |
| &nbsp;&nbsp;&nbsp; Time Watch Investments Ltd  | 263233 |  | 11 |
| &nbsp;&nbsp;&nbsp; VTech Holdings Ltd  | 195000 |  | 1296 |
| &nbsp;&nbsp;&nbsp; YTO International Express & Supply Chain Technology Ltd  | 110000 |  | 14 |
|  |  |  | 5997 |
| **Hungary — 0.1%** | **Hungary — 0.1%** | **Hungary — 0.1%** | **Hungary — 0.1%** |
| &nbsp;&nbsp;&nbsp; AutoWallis Nyrt <sup>\*</sup> | 32362 |  | 15 |
| &nbsp;&nbsp;&nbsp; MOL Hungarian Oil & Gas PLC  | 6055 |  | 52 |
| &nbsp;&nbsp;&nbsp; OTP Bank Nyrt  | 869 |  | 66 |
|  |  |  | 133 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **India — 2.2%** | **India — 2.2%** | **India — 2.2%** |
| &nbsp;&nbsp;&nbsp; Adani Ports & Special Economic Zone Ltd  | 2628 | $44 |
| &nbsp;&nbsp;&nbsp; Amber Enterprises India Ltd <sup>\*</sup> | 635 | 48 |
| &nbsp;&nbsp;&nbsp; Bengal & Assam Co Ltd  | 346 | 31 |
| &nbsp;&nbsp;&nbsp; Bharti Airtel Ltd  | 11281 | 245 |
| &nbsp;&nbsp;&nbsp; BSE Ltd  | 2835 | 89 |
| &nbsp;&nbsp;&nbsp; Coal India Ltd  | 60045 | 279 |
| &nbsp;&nbsp;&nbsp; Coromandel International Ltd  | 7547 | 202 |
| &nbsp;&nbsp;&nbsp; DB Corp Ltd  | 63687 | 187 |
| &nbsp;&nbsp;&nbsp; Dixon Technologies India Ltd  | 517 | 89 |
| &nbsp;&nbsp;&nbsp; Forbes & Co Ltd <sup>\*</sup> | 242 | 1 |
| &nbsp;&nbsp;&nbsp; GE T&D India Ltd  | 2472 | 65 |
| &nbsp;&nbsp;&nbsp; Godfrey Phillips India Ltd  | 433 | 44 |
| &nbsp;&nbsp;&nbsp; HCL Technologies Ltd  | 6906 | 132 |
| &nbsp;&nbsp;&nbsp; HDFC Bank Ltd ADR  | 12948 | 976 |
| &nbsp;&nbsp;&nbsp; Hitachi Energy India Ltd  | 249 | 56 |
| &nbsp;&nbsp;&nbsp; ICICI Bank Ltd  | 11437 | 194 |
| &nbsp;&nbsp;&nbsp; IndusInd Bank Ltd  | 4890 | 47 |
| &nbsp;&nbsp;&nbsp; Infosys Ltd  | 14066 | 257 |
| &nbsp;&nbsp;&nbsp; InterGlobe Aviation Ltd <sup>\*</sup> | 652 | 41 |
| &nbsp;&nbsp;&nbsp; Kaynes Technology India Ltd <sup>\*</sup> | 641 | 45 |
| &nbsp;&nbsp;&nbsp; Mahindra & Mahindra Ltd  | 1629 | 57 |
| &nbsp;&nbsp;&nbsp; Marico Ltd  | 6649 | 56 |
| &nbsp;&nbsp;&nbsp; Matrimony.com Ltd  | 3842 | 23 |
| &nbsp;&nbsp;&nbsp; Mazagon Dock Shipbuilders Ltd  | 987 | 40 |
| &nbsp;&nbsp;&nbsp; PG Electroplast Ltd  | 5232 | 47 |
| &nbsp;&nbsp;&nbsp; Solar Industries India Ltd  | 328 | 62 |
| &nbsp;&nbsp;&nbsp; Suzlon Energy Ltd <sup>\*</sup> | 54810 | 46 |
| &nbsp;&nbsp;&nbsp; Tata Consultancy Services Ltd  | 5714 | 231 |
| &nbsp;&nbsp;&nbsp; Trent Ltd  | 656 | 43 |
| &nbsp;&nbsp;&nbsp; TV Today Network Ltd  | 19855 | 40 |
| &nbsp;&nbsp;&nbsp; United Spirits Ltd  | 2098 | 37 |
| &nbsp;&nbsp;&nbsp; Wipro Ltd  | 17803 | 52 |
|  |  | 3806 |
| **Indonesia — 0.3%** | **Indonesia — 0.3%** | **Indonesia — 0.3%** |
| &nbsp;&nbsp;&nbsp; Adira Dinamika Multi Finance Tbk PT  | 19812 | 11 |
| &nbsp;&nbsp;&nbsp; Akasha Wira International Tbk PT <sup>\*</sup> | 24200 | 15 |
| &nbsp;&nbsp;&nbsp; Aneka Tambang Tbk  | 261200 | 50 |
| &nbsp;&nbsp;&nbsp; Asahimas Flat Glass Tbk PT  | 25700 | 6 |
| &nbsp;&nbsp;&nbsp; Asuransi Tugu Pratama Indonesia Tbk PT  | 709700 | 44 |
| &nbsp;&nbsp;&nbsp; BISI International Tbk PT  | 370703 | 22 |
| &nbsp;&nbsp;&nbsp; Bumi Resources Minerals Tbk PT <sup>\*</sup> | 2055000 | 49 |
| &nbsp;&nbsp;&nbsp; Cisadane Sawit Raya Tbk PT  | 355055 | 14 |
| &nbsp;&nbsp;&nbsp; Delta Djakarta Tbk PT  | 34500 | 5 |
| &nbsp;&nbsp;&nbsp; Elnusa Tbk PT  | 4519600 | 136 |
| &nbsp;&nbsp;&nbsp; Golden Energy Mines Tbk PT  | 7196 | 4 |
| &nbsp;&nbsp;&nbsp; IMC Pelita Logistik TBK PT  | 715497 | 16 |
| &nbsp;&nbsp;&nbsp; Jasa Armada Indonesia Tbk PT  | 995800 | 18 |
| &nbsp;&nbsp;&nbsp; Mitrabahtera Segara Sejati Tbk PT <sup>\*</sup> | 337947 | 23 |
| &nbsp;&nbsp;&nbsp; Ramayana Lestari Sentosa Tbk PT  | 1043600 | 26 |
| &nbsp;&nbsp;&nbsp; Salim Ivomas Pratama Tbk PT  | 184952 | 5 |
| &nbsp;&nbsp;&nbsp; Sinar Eka Selaras Tbk PT  | 1133400 | 20 |
| &nbsp;&nbsp;&nbsp; Soechi Lines Tbk PT <sup>\*</sup> | 3152000 | 32 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Screened World Equity Ex-US Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Sunindo Pratama Tbk PT  | 705700 | $| 34 |
| &nbsp;&nbsp;&nbsp; Surya Pertiwi Tbk PT  | 243600 |  | 10 |
| &nbsp;&nbsp;&nbsp; Uni-Charm Indonesia Tbk PT  | 168400 |  | 6 |
|  |  |  | 546 |
| **Ireland — 1.4%** | **Ireland — 1.4%** | **Ireland — 1.4%** | **Ireland — 1.4%** |
| &nbsp;&nbsp;&nbsp; Accenture PLC, Cl A  | 2574 |  | 816 |
| &nbsp;&nbsp;&nbsp; AerCap Holdings NV  | 1372 |  | 159 |
| &nbsp;&nbsp;&nbsp; AIB Group PLC  | 180047 |  | 1420 |
|  |  |  | 2395 |
| **Israel — 1.2%** | **Israel — 1.2%** | **Israel — 1.2%** | **Israel — 1.2%** |
| &nbsp;&nbsp;&nbsp; Cellebrite DI Ltd <sup>\*</sup> | 218 |  | 4 |
| &nbsp;&nbsp;&nbsp; Check Point Software Technologies Ltd <sup>\*</sup> | 5759 |  | 1318 |
| &nbsp;&nbsp;&nbsp; Meitav Investments Ltd  | 7956 |  | 44 |
| &nbsp;&nbsp;&nbsp; Nice Ltd ADR <sup>\*</sup> | 108 |  | 18 |
| &nbsp;&nbsp;&nbsp; Nova Ltd <sup>\*</sup> | 723 |  | 154 |
| &nbsp;&nbsp;&nbsp; Oddity Tech Ltd, Cl A <sup>\*</sup> | 1789 |  | 133 |
| &nbsp;&nbsp;&nbsp; Shufersal Ltd  | 7084 |  | 71 |
| &nbsp;&nbsp;&nbsp; Wix.com Ltd <sup>\*</sup> | 2770 |  | 413 |
|  |  |  | 2155 |
| **Italy — 1.0%** | **Italy — 1.0%** | **Italy — 1.0%** | **Italy — 1.0%** |
| &nbsp;&nbsp;&nbsp; Banca Popolare di Sondrio SPA  | 9895 |  | 134 |
| &nbsp;&nbsp;&nbsp; BPER Banca SPA  | 10181 |  | 90 |
| &nbsp;&nbsp;&nbsp; Ferrari NV  | 500 |  | 239 |
| &nbsp;&nbsp;&nbsp; Intesa Sanpaolo SpA  | 84457 |  | 471 |
| &nbsp;&nbsp;&nbsp; Iveco Group NV  | 3746 |  | 75 |
| &nbsp;&nbsp;&nbsp; Leonardo SpA  | 4020 |  | 249 |
| &nbsp;&nbsp;&nbsp; Maire SpA  | 7920 |  | 101 |
| &nbsp;&nbsp;&nbsp; Poste Italiane SpA  | 5876 |  | 128 |
| &nbsp;&nbsp;&nbsp; PRADA SpA  | 7500 |  | 49 |
| &nbsp;&nbsp;&nbsp; Reply SpA  | 251 |  | 42 |
| &nbsp;&nbsp;&nbsp; UniCredit SpA  | 3237 |  | 208 |
|  |  |  | 1786 |
| **Japan — 10.0%** | **Japan — 10.0%** | **Japan — 10.0%** | **Japan — 10.0%** |
| &nbsp;&nbsp;&nbsp; Ad-sol Nissin Corp  | 2400 |  | 18 |
| &nbsp;&nbsp;&nbsp; AGS Corp  | 1600 |  | 10 |
| &nbsp;&nbsp;&nbsp; Ainavo Holdings Co Ltd  | 3750 |  | 18 |
| &nbsp;&nbsp;&nbsp; Airtrip Corp  | 1900 |  | 12 |
| &nbsp;&nbsp;&nbsp; Alpha Systems Inc  | 900 |  | 21 |
| &nbsp;&nbsp;&nbsp; AlphaPolis Co Ltd  | 2200 |  | 23 |
| &nbsp;&nbsp;&nbsp; Anest Iwata Corp  | 5800 |  | 57 |
| &nbsp;&nbsp;&nbsp; Asics Corp  | 2400 |  | 58 |
| &nbsp;&nbsp;&nbsp; Atled Corp  | 1100 |  | 11 |
| &nbsp;&nbsp;&nbsp; Aucnet Inc  | 1400 |  | 15 |
| &nbsp;&nbsp;&nbsp; Avant Group Corp  | 2400 |  | 25 |
| &nbsp;&nbsp;&nbsp; Bandai Namco Holdings Inc  | 1900 |  | 60 |
| &nbsp;&nbsp;&nbsp; Bic Camera Inc  | 4900 |  | 51 |
| &nbsp;&nbsp;&nbsp; Brother Industries Ltd  | 71300 |  | 1213 |
| &nbsp;&nbsp;&nbsp; Business Brain Showa-Ota Inc  | 3300 |  | 59 |
| &nbsp;&nbsp;&nbsp; Canon Inc  | 3400 |  | 104 |
| &nbsp;&nbsp;&nbsp; Capcom Co Ltd  | 1492 |  | 44 |
| &nbsp;&nbsp;&nbsp; Central Japan Railway Co  | 9100 |  | 198 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Core Corp  | 500 | $6 |
| &nbsp;&nbsp;&nbsp; Dai-ichi Life Holdings Inc  | 30400 | 237 |
| &nbsp;&nbsp;&nbsp; Daiichi Sankyo Co Ltd  | 4500 | 119 |
| &nbsp;&nbsp;&nbsp; Daito Trust Construction Co Ltd  | 1500 | 168 |
| &nbsp;&nbsp;&nbsp; Daiwa House Industry Co Ltd  | 1700 | 57 |
| &nbsp;&nbsp;&nbsp; Daiwa Securities Group Inc  | 17300 | 117 |
| &nbsp;&nbsp;&nbsp; Denso Corp  | 8600 | 116 |
| &nbsp;&nbsp;&nbsp; Dentsu Group Inc  | 56039 | 1207 |
| &nbsp;&nbsp;&nbsp; Digital Arts Inc  | 200 | 10 |
| &nbsp;&nbsp;&nbsp; East Japan Railway Co  | 11100 | 232 |
| &nbsp;&nbsp;&nbsp; Ebase Co Ltd  | 2300 | 8 |
| &nbsp;&nbsp;&nbsp; Eisai Co Ltd  | 9200 | 263 |
| &nbsp;&nbsp;&nbsp; en Japan Inc  | 1400 | 17 |
| &nbsp;&nbsp;&nbsp; FANUC Corp  | 1800 | 48 |
| &nbsp;&nbsp;&nbsp; Fast Retailing Co Ltd  | 500 | 166 |
| &nbsp;&nbsp;&nbsp; FTGroup Co Ltd  | 5200 | 42 |
| &nbsp;&nbsp;&nbsp; Fuji Electric Co Ltd  | 1000 | 44 |
| &nbsp;&nbsp;&nbsp; Fujii Sangyo Corp  | 600 | 12 |
| &nbsp;&nbsp;&nbsp; Fujikura Ltd  | 1900 | 88 |
| &nbsp;&nbsp;&nbsp; Fujitsu Ltd  | 7200 | 164 |
| &nbsp;&nbsp;&nbsp; GMO GlobalSign Holdings KK  | 600 | 9 |
| &nbsp;&nbsp;&nbsp; Hamamatsu Photonics KK  | 6700 | 72 |
| &nbsp;&nbsp;&nbsp; Hitachi Ltd  | 6200 | 172 |
| &nbsp;&nbsp;&nbsp; Hoya Corp  | 6100 | 718 |
| &nbsp;&nbsp;&nbsp; Ichikoh Industries Ltd  | 4500 | 12 |
| &nbsp;&nbsp;&nbsp; Japan Exchange Group Inc  | 4400 | 48 |
| &nbsp;&nbsp;&nbsp; Japan Medical Dynamic Marketing Inc  | 5200 | 20 |
| &nbsp;&nbsp;&nbsp; Kamakura Shinsho Ltd  | 2200 | 7 |
| &nbsp;&nbsp;&nbsp; Kandenko Co Ltd  | 3900 | 80 |
| &nbsp;&nbsp;&nbsp; Kanefusa Corp  | 2300 | 10 |
| &nbsp;&nbsp;&nbsp; KDDI Corp  | 23100 | 399 |
| &nbsp;&nbsp;&nbsp; Keyence Corp  | 1500 | 626 |
| &nbsp;&nbsp;&nbsp; Kita-Nippon Bank Ltd/The  | 1200 | 24 |
| &nbsp;&nbsp;&nbsp; Kobe Bussan Co Ltd  | 2400 | 76 |
| &nbsp;&nbsp;&nbsp; Koito Manufacturing Co Ltd  | 80000 | 1010 |
| &nbsp;&nbsp;&nbsp; Konami Group Corp  | 400 | 54 |
| &nbsp;&nbsp;&nbsp; KOZO KEIKAKU ENGINEERING HOLDINGS Inc  | 600 | 10 |
| &nbsp;&nbsp;&nbsp; Kyowa Electronic Instruments Co Ltd  | 6400 | 23 |
| &nbsp;&nbsp;&nbsp; Kyushu Electric Power Co Inc  | 6700 | 57 |
| &nbsp;&nbsp;&nbsp; Lasertec Corp  | 1900 | 189 |
| &nbsp;&nbsp;&nbsp; Lion Corp  | 3900 | 42 |
| &nbsp;&nbsp;&nbsp; Lixil Corp  | 5900 | 66 |
| &nbsp;&nbsp;&nbsp; Loginet Japan Co Ltd  | 500 | 11 |
| &nbsp;&nbsp;&nbsp; LY Corp  | 16900 | 61 |
| &nbsp;&nbsp;&nbsp; M3 Inc  | 43000 | 602 |
| &nbsp;&nbsp;&nbsp; Mazda Motor Corp  | 19100 | 119 |
| &nbsp;&nbsp;&nbsp; Medical System Network Co Ltd, Cl A  | 3800 | 12 |
| &nbsp;&nbsp;&nbsp; Mitsubishi UFJ Financial Group Inc  | 15500 | 216 |
| &nbsp;&nbsp;&nbsp; Nanyo Corp  | 1200 | 9 |
| &nbsp;&nbsp;&nbsp; NEC Corp  | 600 | 16 |
| &nbsp;&nbsp;&nbsp; NEOJAPAN Inc  | 3400 | 37 |
| &nbsp;&nbsp;&nbsp; Nexon Co Ltd  | 7600 | 136 |
| &nbsp;&nbsp;&nbsp; Nice Corp  | 1700 | 19 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Nippn Corp  | 1100 | $17 |
| &nbsp;&nbsp;&nbsp; OBIC Business Consultants Co Ltd  | 700 | 40 |
| &nbsp;&nbsp;&nbsp; Obic Co Ltd  | 12000 | 437 |
| &nbsp;&nbsp;&nbsp; Ono Pharmaceutical Co Ltd  | 4100 | 45 |
| &nbsp;&nbsp;&nbsp; Open House Group Co Ltd  | 1100 | 47 |
| &nbsp;&nbsp;&nbsp; Optim Corp <sup>\*</sup> | 4600 | 18 |
| &nbsp;&nbsp;&nbsp; Oracle Corp Japan <sup>\*</sup> | 900 | 105 |
| &nbsp;&nbsp;&nbsp; Oro Co Ltd  | 4200 | 77 |
| &nbsp;&nbsp;&nbsp; Otsuka Corp  | 3400 | 70 |
| &nbsp;&nbsp;&nbsp; Otsuka Holdings Co Ltd  | 1500 | 76 |
| &nbsp;&nbsp;&nbsp; Pigeon Corp  | 9200 | 119 |
| &nbsp;&nbsp;&nbsp; PR Times Corp  | 600 | 10 |
| &nbsp;&nbsp;&nbsp; Recruit Holdings Co Ltd  | 22100 | 1313 |
| &nbsp;&nbsp;&nbsp; Relo Group Inc  | 3200 | 38 |
| &nbsp;&nbsp;&nbsp; Resona Holdings Inc  | 5700 | 50 |
| &nbsp;&nbsp;&nbsp; Riken Technos Corp  | 9200 | 69 |
| &nbsp;&nbsp;&nbsp; Sanwa Holdings Corp  | 6300 | 216 |
| &nbsp;&nbsp;&nbsp; SCREEN Holdings Co Ltd  | 300 | 21 |
| &nbsp;&nbsp;&nbsp; SCSK Corp  | 3300 | 100 |
| &nbsp;&nbsp;&nbsp; Sekisui Kasei Co Ltd  | 6800 | 15 |
| &nbsp;&nbsp;&nbsp; SEMITEC Corp  | 800 | 11 |
| &nbsp;&nbsp;&nbsp; SERAKU Co Ltd  | 1000 | 11 |
| &nbsp;&nbsp;&nbsp; Shimizu Corp  | 8200 | 90 |
| &nbsp;&nbsp;&nbsp; SMS Co Ltd  | 34100 | 339 |
| &nbsp;&nbsp;&nbsp; SoftBank Group Corp  | 2200 | 115 |
| &nbsp;&nbsp;&nbsp; Sugi Holdings Co Ltd  | 5300 | 116 |
| &nbsp;&nbsp;&nbsp; Sumitomo Electric Industries Ltd  | 3700 | 77 |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Financial Group Inc  | 7800 | 200 |
| &nbsp;&nbsp;&nbsp; Suzuki Motor Corp  | 3800 | 48 |
| &nbsp;&nbsp;&nbsp; System Support Inc  | 1100 | 19 |
| &nbsp;&nbsp;&nbsp; T&D Holdings Inc  | 4400 | 100 |
| &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical Co Ltd  | 6500 | 195 |
| &nbsp;&nbsp;&nbsp; Tayca Corp  | 34 |  |
| &nbsp;&nbsp;&nbsp; Terumo Corp  | 8600 | 157 |
| &nbsp;&nbsp;&nbsp; TIS Inc  | 3700 | 121 |
| &nbsp;&nbsp;&nbsp; Toei Animation Co Ltd  | 19100 | 413 |
| &nbsp;&nbsp;&nbsp; Toell Co Ltd  | 2000 | 11 |
| &nbsp;&nbsp;&nbsp; Tokio Marine Holdings Inc  | 2600 | 110 |
| &nbsp;&nbsp;&nbsp; Tokyo Electron Ltd  | 1600 | 251 |
| &nbsp;&nbsp;&nbsp; Tokyo Individualized Educational Institute Inc  | 9800 | 21 |
| &nbsp;&nbsp;&nbsp; Tokyo Tatemono Co Ltd  | 2600 | 46 |
| &nbsp;&nbsp;&nbsp; Tokyu Fudosan Holdings Corp  | 20400 | 148 |
| &nbsp;&nbsp;&nbsp; Toshiba TEC Corp  | 1100 | 22 |
| &nbsp;&nbsp;&nbsp; Towa Bank Ltd/The  | 10000 | 49 |
| &nbsp;&nbsp;&nbsp; Toyokumo Inc  | 1200 | 24 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Corp  | 9000 | 171 |
| &nbsp;&nbsp;&nbsp; Trend Micro Inc/Japan  | 4500 | 336 |
| &nbsp;&nbsp;&nbsp; Trinity Industrial Corp  | 3700 | 27 |
| &nbsp;&nbsp;&nbsp; TYK Corp/Tokyo  | 6200 | 24 |
| &nbsp;&nbsp;&nbsp; Ubicom Holdings Inc  | 1600 | 11 |
| &nbsp;&nbsp;&nbsp; USS Co Ltd  | 4400 | 48 |
| &nbsp;&nbsp;&nbsp; Wacom Co Ltd  | 4000 | 18 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Yamagata Bank Ltd/The  | 900 | $| 9 |
| &nbsp;&nbsp;&nbsp; Yamaha Corp  | 180000 |  | 1253 |
| &nbsp;&nbsp;&nbsp; Yoshicon Co Ltd  | 700 |  | 10 |
| &nbsp;&nbsp;&nbsp; ZIGExN Co Ltd  | 3100 |  | 10 |
| &nbsp;&nbsp;&nbsp; ZOZO Inc  | 4100 |  | 44 |
|  |  |  | 17618 |
| **Kuwait — 0.0%** | **Kuwait — 0.0%** | **Kuwait — 0.0%** | **Kuwait — 0.0%** |
| &nbsp;&nbsp;&nbsp; Boubyan Bank KSCP  | 30727 |  | 67 |
| **Luxembourg — 0.9%** | **Luxembourg — 0.9%** | **Luxembourg — 0.9%** | **Luxembourg — 0.9%** |
| &nbsp;&nbsp;&nbsp; SES SA, Cl A  | 279230 |  | 1592 |
| **Macao — 0.6%** | **Macao — 0.6%** | **Macao — 0.6%** | **Macao — 0.6%** |
| &nbsp;&nbsp;&nbsp; Sands China Ltd  | 500000 |  | 976 |
| **Malaysia — 0.6%** | **Malaysia — 0.6%** | **Malaysia — 0.6%** | **Malaysia — 0.6%** |
| &nbsp;&nbsp;&nbsp; Allianz Malaysia Bhd  | 11600 |  | 53 |
| &nbsp;&nbsp;&nbsp; CCK Consolidated Holdings BHD  | 232500 |  | 73 |
| &nbsp;&nbsp;&nbsp; Chin Well Holdings BHD  | 65300 |  | 12 |
| &nbsp;&nbsp;&nbsp; Deleum Bhd  | 440400 |  | 155 |
| &nbsp;&nbsp;&nbsp; Favelle Favco Bhd  | 25000 |  | 10 |
| &nbsp;&nbsp;&nbsp; Hap Seng Plantations Holdings Bhd  | 60600 |  | 26 |
| &nbsp;&nbsp;&nbsp; Hong Leong Capital Bhd  | 35900 |  | 28 |
| &nbsp;&nbsp;&nbsp; Hong Leong Financial Group Bhd  | 3100 |  | 12 |
| &nbsp;&nbsp;&nbsp; Innoprise Plantations BHD  | 53500 |  | 22 |
| &nbsp;&nbsp;&nbsp; Kawan Food Bhd  | 105800 |  | 31 |
| &nbsp;&nbsp;&nbsp; Keck Seng Malaysia Bhd  | 10500 |  | 13 |
| &nbsp;&nbsp;&nbsp; Kim Loong Resources Bhd  | 164100 |  | 86 |
| &nbsp;&nbsp;&nbsp; MKH Bhd  | 99700 |  | 25 |
| &nbsp;&nbsp;&nbsp; MKH Oil Palm East Kalimantan Bhd  | 308043 |  | 46 |
| &nbsp;&nbsp;&nbsp; MNRB Holdings Bhd  | 24400 |  | 12 |
| &nbsp;&nbsp;&nbsp; Mynews Holdings Bhd  | 94700 |  | 13 |
| &nbsp;&nbsp;&nbsp; Oriental Food Industries Holdings BHD  | 38100 |  | 13 |
| &nbsp;&nbsp;&nbsp; Padini Holdings Bhd  | 188100 |  | 94 |
| &nbsp;&nbsp;&nbsp; Panasonic Manufacturing Malaysia BHD  | 20000 |  | 61 |
| &nbsp;&nbsp;&nbsp; Paramount Corp Bhd  | 95200 |  | 24 |
| &nbsp;&nbsp;&nbsp; Petra Energy Bhd  | 53700 |  | 14 |
| &nbsp;&nbsp;&nbsp; Petron Malaysia Refining & Marketing Bhd  | 27023 |  | 23 |
| &nbsp;&nbsp;&nbsp; Sunway Bhd  | 50000 |  | 56 |
| &nbsp;&nbsp;&nbsp; Tambun Indah Land Bhd  | 93800 |  | 17 |
| &nbsp;&nbsp;&nbsp; United Plantations BHD  | 8700 |  | 46 |
|  |  |  | 965 |
| **Mexico — 0.2%** | **Mexico — 0.2%** | **Mexico — 0.2%** | **Mexico — 0.2%** |
| &nbsp;&nbsp;&nbsp; Arca Continental SAB de CV  | 13100 |  | 144 |
| &nbsp;&nbsp;&nbsp; Grupo Aeroportuario del Sureste SAB de CV, Cl B  | 1555 |  | 50 |
| &nbsp;&nbsp;&nbsp; Industrias Penoles SAB de CV  | 2600 |  | 55 |
| &nbsp;&nbsp;&nbsp; Southern Copper Corp  | 1147 |  | 104 |
|  |  |  | 353 |
| **Netherlands — 4.3%** | **Netherlands — 4.3%** | **Netherlands — 4.3%** | **Netherlands — 4.3%** |
| &nbsp;&nbsp;&nbsp; ABN AMRO Bank NV  | 25537 |  | 660 |
| &nbsp;&nbsp;&nbsp; Argenx SE ADR <sup>\*</sup> | 140 |  | 80 |
| &nbsp;&nbsp;&nbsp; ASML Holding NV  | 1253 |  | 923 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Screened World Equity Ex-US Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; ASML Holding NV, Cl G  | 551 | $| 406 |
| &nbsp;&nbsp;&nbsp; ASR Nederland NV  | 676 |  | 43 |
| &nbsp;&nbsp;&nbsp; Flow Traders Ltd  | 66924 |  | 2227 |
| &nbsp;&nbsp;&nbsp; IMCD NV  | 3407 |  | 463 |
| &nbsp;&nbsp;&nbsp; ING Groep NV  | 5488 |  | 117 |
| &nbsp;&nbsp;&nbsp; JDE Peet's NV  | 2941 |  | 81 |
| &nbsp;&nbsp;&nbsp; Koninklijke Heijmans N.V  | 1312 |  | 83 |
| &nbsp;&nbsp;&nbsp; Koninklijke KPN NV  | 69270 |  | 326 |
| &nbsp;&nbsp;&nbsp; NN Group NV  | 2617 |  | 165 |
| &nbsp;&nbsp;&nbsp; SBM Offshore NV  | 2465 |  | 57 |
| &nbsp;&nbsp;&nbsp; Universal Music Group NV  | 21258 |  | 680 |
| &nbsp;&nbsp;&nbsp; Wolters Kluwer NV  | 7030 |  | 1246 |
|  |  |  | 7557 |
| **New Zealand — 0.2%** | **New Zealand — 0.2%** | **New Zealand — 0.2%** | **New Zealand — 0.2%** |
| &nbsp;&nbsp;&nbsp; a2 Milk Co Ltd/The  | 14541 |  | 78 |
| &nbsp;&nbsp;&nbsp; Air New Zealand Ltd  | 80909 |  | 29 |
| &nbsp;&nbsp;&nbsp; Aroa Biosurgery Ltd <sup>\*</sup> | 22919 |  | 8 |
| &nbsp;&nbsp;&nbsp; Fisher & Paykel Healthcare Corp Ltd  | 4360 |  | 95 |
| &nbsp;&nbsp;&nbsp; Smart Parking Ltd <sup>\*</sup> | 27643 |  | 15 |
| &nbsp;&nbsp;&nbsp; Steel & Tube Holdings Ltd  | 20968 |  | 8 |
| &nbsp;&nbsp;&nbsp; Xero Ltd <sup>\*</sup> | 354 |  | 42 |
|  |  |  | 275 |
| **Norway — 0.4%** | **Norway — 0.4%** | **Norway — 0.4%** | **Norway — 0.4%** |
| &nbsp;&nbsp;&nbsp; Gjensidige Forsikring ASA  | 20522 |  | 519 |
| &nbsp;&nbsp;&nbsp; Kongsberg Gruppen ASA  | 1353 |  | 238 |
| &nbsp;&nbsp;&nbsp; Medistim ASA  | 563 |  | 11 |
| &nbsp;&nbsp;&nbsp; Sparebanken Ost  | 2043 |  | 15 |
|  |  |  | 783 |
| **Philippines — 0.0%** | **Philippines — 0.0%** | **Philippines — 0.0%** | **Philippines — 0.0%** |
| &nbsp;&nbsp;&nbsp; San Miguel Food and Beverage Inc  | 15780 |  | 14 |
| &nbsp;&nbsp;&nbsp; STI Education Systems Holdings Inc  | 616000 |  | 16 |
|  |  |  | 30 |
| **Poland — 0.6%** | **Poland — 0.6%** | **Poland — 0.6%** | **Poland — 0.6%** |
| &nbsp;&nbsp;&nbsp; AB SA  | 3132 |  | 83 |
| &nbsp;&nbsp;&nbsp; Alior Bank SA  | 1807 |  | 50 |
| &nbsp;&nbsp;&nbsp; Arctic Paper SA  | 5499 |  | 17 |
| &nbsp;&nbsp;&nbsp; Asseco Business Solutions SA  | 776 |  | 18 |
| &nbsp;&nbsp;&nbsp; Bank Polska Kasa Opieki SA  | 862 |  | 42 |
| &nbsp;&nbsp;&nbsp; CCC SA <sup>\*</sup> | 856 |  | 50 |
| &nbsp;&nbsp;&nbsp; CD Projekt SA  | 713 |  | 42 |
| &nbsp;&nbsp;&nbsp; Comp SA <sup>\*</sup> | 1972 |  | 123 |
| &nbsp;&nbsp;&nbsp; Dino Polska SA <sup>\*</sup> | 485 |  | 71 |
| &nbsp;&nbsp;&nbsp; Oponeo.pl SA  | 848 |  | 21 |
| &nbsp;&nbsp;&nbsp; ORLEN SA  | 6940 |  | 136 |
| &nbsp;&nbsp;&nbsp; PlayWay SA  | 940 |  | 83 |
| &nbsp;&nbsp;&nbsp; Rainbow Tours SA  | 4113 |  | 169 |
| &nbsp;&nbsp;&nbsp; Shoper SA  | 2059 |  | 28 |
| &nbsp;&nbsp;&nbsp; Spyrosoft SA <sup>\*</sup> | 49 |  | 8 |
| &nbsp;&nbsp;&nbsp; Sygnity <sup>\*</sup> | 1067 |  | 28 |
| &nbsp;&nbsp;&nbsp; Text SA  | 3279 |  | 47 |
| &nbsp;&nbsp;&nbsp; Votum SA  | 1365 |  | 16 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; VRG SA  | 2427 | $| 3 |
|  |  |  | 1035 |
| **Portugal — 0.0%** | **Portugal — 0.0%** | **Portugal — 0.0%** | **Portugal — 0.0%** |
| &nbsp;&nbsp;&nbsp; Banco Comercial Portugues SA, Cl R  | 69281 |  | 54 |
| **Qatar — 0.3%** | **Qatar — 0.3%** | **Qatar — 0.3%** | **Qatar — 0.3%** |
| &nbsp;&nbsp;&nbsp; Ooredoo QPSC  | 146969 |  | 499 |
| **Russia — 0.0%** | **Russia — 0.0%** | **Russia — 0.0%** | **Russia — 0.0%** |
| &nbsp;&nbsp;&nbsp; Exillon Energy PLC <sup>\*</sup> | 4819 |  | – |
| **Singapore — 1.5%** | **Singapore — 1.5%** | **Singapore — 1.5%** | **Singapore — 1.5%** |
| &nbsp;&nbsp;&nbsp; Boustead Singapore Ltd  | 35165 |  | 30 |
| &nbsp;&nbsp;&nbsp; BRC Asia Ltd  | 77500 |  | 189 |
| &nbsp;&nbsp;&nbsp; Centurion Corp Ltd  | 101500 |  | 115 |
| &nbsp;&nbsp;&nbsp; Credit Bureau Asia Ltd  | 40500 |  | 41 |
| &nbsp;&nbsp;&nbsp; CSE Global Ltd  | 245200 |  | 81 |
| &nbsp;&nbsp;&nbsp; DBS Group Holdings Ltd  | 11010 |  | 380 |
| &nbsp;&nbsp;&nbsp; Grab Holdings Ltd, Cl A <sup>\*</sup> | 8453 |  | 41 |
| &nbsp;&nbsp;&nbsp; IGG Inc  | 50164 |  | 23 |
| &nbsp;&nbsp;&nbsp; Keppel DC REIT <sup>‡</sup> | 59000 |  | 100 |
| &nbsp;&nbsp;&nbsp; OKP Holdings Ltd  | 55800 |  | 31 |
| &nbsp;&nbsp;&nbsp; OM Holdings Ltd  | 93414 |  | 19 |
| &nbsp;&nbsp;&nbsp; Oversea-Chinese Banking Corp Ltd  | 16500 |  | 207 |
| &nbsp;&nbsp;&nbsp; Pacific Century Regional Developments Ltd  | 14300 |  | 4 |
| &nbsp;&nbsp;&nbsp; Propnex Ltd  | 34600 |  | 27 |
| &nbsp;&nbsp;&nbsp; Q&M Dental Group Singapore Ltd  | 42700 |  | 12 |
| &nbsp;&nbsp;&nbsp; SBS Transit Ltd  | 15400 |  | 33 |
| &nbsp;&nbsp;&nbsp; Sea Ltd ADR <sup>\*</sup> | 4762 |  | 764 |
| &nbsp;&nbsp;&nbsp; Sing Investments & Finance Ltd  | 32550 |  | 28 |
| &nbsp;&nbsp;&nbsp; Singapore Exchange Ltd  | 7700 |  | 84 |
| &nbsp;&nbsp;&nbsp; Singapore Technologies Engineering Ltd  | 39900 |  | 241 |
| &nbsp;&nbsp;&nbsp; Singapore Telecommunications Ltd  | 77000 |  | 227 |
|  |  |  | 2677 |
| **South Africa — 1.3%** | **South Africa — 1.3%** | **South Africa — 1.3%** | **South Africa — 1.3%** |
| &nbsp;&nbsp;&nbsp; Altron Ltd, Cl A  | 6201 |  | 8 |
| &nbsp;&nbsp;&nbsp; Anglo American PLC  | 43000 |  | 1276 |
| &nbsp;&nbsp;&nbsp; Capitec Bank Holdings Ltd  | 271 |  | 52 |
| &nbsp;&nbsp;&nbsp; Clicks Group Ltd  | 34316 |  | 738 |
| &nbsp;&nbsp;&nbsp; Combined Motor Holdings Ltd  | 8771 |  | 16 |
| &nbsp;&nbsp;&nbsp; Karooooo Ltd  | 688 |  | 38 |
| &nbsp;&nbsp;&nbsp; Old Mutual Ltd  | 81864 |  | 53 |
| &nbsp;&nbsp;&nbsp; Premier Group Ltd  | 3801 |  | 27 |
| &nbsp;&nbsp;&nbsp; Sanlam Ltd  | 11757 |  | 58 |
|  |  |  | 2266 |
| **South Korea — 4.7%** | **South Korea — 4.7%** | **South Korea — 4.7%** | **South Korea — 4.7%** |
| &nbsp;&nbsp;&nbsp; ABLBio Inc <sup>\*</sup> | 890 |  | 52 |
| &nbsp;&nbsp;&nbsp; Alteogen Inc <sup>\*</sup> | 161 |  | 38 |
| &nbsp;&nbsp;&nbsp; APR Corp/Korea <sup>\*</sup> | 536 |  | 45 |
| &nbsp;&nbsp;&nbsp; Digital Daesung Co Ltd  | 1925 |  | 11 |
| &nbsp;&nbsp;&nbsp; Dongwon F&B Co Ltd  | 1866 |  | 55 |
| &nbsp;&nbsp;&nbsp; Doosan Bobcat Inc  | 37000 |  | 1258 |
| &nbsp;&nbsp;&nbsp; Eusu Holdings Co Ltd  | 8936 |  | 39 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Hana Financial Group Inc  | 5877 | $| 309 |
| &nbsp;&nbsp;&nbsp; Hansol Holdings Co Ltd  | 6298 |  | 13 |
| &nbsp;&nbsp;&nbsp; HD Hyundai Electric Co Ltd  | 157 |  | 43 |
| &nbsp;&nbsp;&nbsp; HD Hyundai Heavy Industries Co Ltd  | 543 |  | 159 |
| &nbsp;&nbsp;&nbsp; Hugel Inc <sup>\*</sup> | 222 |  | 53 |
| &nbsp;&nbsp;&nbsp; Hyundai Livart Furniture Co Ltd  | 2991 |  | 17 |
| &nbsp;&nbsp;&nbsp; KB Financial Group Inc  | 406 |  | 30 |
| &nbsp;&nbsp;&nbsp; KT&G Corp  | 17000 |  | 1478 |
| &nbsp;&nbsp;&nbsp; Kukbo Design Co Ltd  | 1270 |  | 17 |
| &nbsp;&nbsp;&nbsp; LG Corp  | 25615 |  | 1316 |
| &nbsp;&nbsp;&nbsp; LG H&H Co Ltd  | 5527 |  | 1303 |
| &nbsp;&nbsp;&nbsp; LigaChem Biosciences Inc <sup>\*</sup> | 523 |  | 43 |
| &nbsp;&nbsp;&nbsp; Maeil Holdings Co Ltd  | 9522 |  | 75 |
| &nbsp;&nbsp;&nbsp; MegaStudy Co Ltd  | 4696 |  | 37 |
| &nbsp;&nbsp;&nbsp; Meritz Financial Group Inc  | 684 |  | 55 |
| &nbsp;&nbsp;&nbsp; Miwon Chemicals Co Ltd  | 184 |  | 11 |
| &nbsp;&nbsp;&nbsp; Multicampus Co Ltd  | 1160 |  | 28 |
| &nbsp;&nbsp;&nbsp; Nature Holdings Co Ltd/The  | 2954 |  | 24 |
| &nbsp;&nbsp;&nbsp; NAVER Corp  | 838 |  | 114 |
| &nbsp;&nbsp;&nbsp; NICE Holdings Co Ltd  | 2655 |  | 23 |
| &nbsp;&nbsp;&nbsp; Rainbow Robotics <sup>\*</sup> | 168 |  | 32 |
| &nbsp;&nbsp;&nbsp; Samsung Biologics Co Ltd <sup>\*</sup> | 55 |  | 41 |
| &nbsp;&nbsp;&nbsp; Samsung Electronics Co Ltd  | 28558 |  | 1159 |
| &nbsp;&nbsp;&nbsp; Samyang Foods Co Ltd  | 67 |  | 54 |
| &nbsp;&nbsp;&nbsp; SeAH Holdings Corp  | 7 |  |  |
| &nbsp;&nbsp;&nbsp; Shinsegae Food Co Ltd  | 626 |  | 16 |
| &nbsp;&nbsp;&nbsp; SK Hynix Inc  | 1062 |  | 157 |
| &nbsp;&nbsp;&nbsp; SNT Holdings Co Ltd  | 598 |  | 22 |
| &nbsp;&nbsp;&nbsp; Woori Financial Group Inc  | 10400 |  | 145 |
|  |  |  | 8272 |
| **Spain — 1.1%** | **Spain — 1.1%** | **Spain — 1.1%** | **Spain — 1.1%** |
| &nbsp;&nbsp;&nbsp; ACS Actividades de Construccion y Servicios SA  | 929 |  | 61 |
| &nbsp;&nbsp;&nbsp; Amadeus IT Group SA, Cl A  | 534 |  | 45 |
| &nbsp;&nbsp;&nbsp; Banco Santander SA  | 28626 |  | 228 |
| &nbsp;&nbsp;&nbsp; CaixaBank SA  | 32887 |  | 279 |
| &nbsp;&nbsp;&nbsp; Clinica Baviera SA  | 680 |  | 30 |
| &nbsp;&nbsp;&nbsp; Grupo Empresarial San Jose SA  | 10474 |  | 74 |
| &nbsp;&nbsp;&nbsp; Iberdrola SA  | 16061 |  | 294 |
| &nbsp;&nbsp;&nbsp; Industria de Diseno Textil SA  | 13572 |  | 735 |
| &nbsp;&nbsp;&nbsp; Inmobiliaria Colonial Socimi SA <sup>‡</sup> | 7201 |  | 50 |
| &nbsp;&nbsp;&nbsp; Laboratorio Reig Jofre SA  | 4375 |  | 16 |
| &nbsp;&nbsp;&nbsp; Unicaja Banco SA  | 21188 |  | 47 |
|  |  |  | 1859 |
| **Sweden — 1.4%** | **Sweden — 1.4%** | **Sweden — 1.4%** | **Sweden — 1.4%** |
| &nbsp;&nbsp;&nbsp; Alfa Laval AB  | 1135 |  | 48 |
| &nbsp;&nbsp;&nbsp; Arla Plast AB  | 2194 |  | 11 |
| &nbsp;&nbsp;&nbsp; Assa Abloy AB, Cl B  | 24602 |  | 779 |
| &nbsp;&nbsp;&nbsp; BTS Group AB, Cl B  | 575 |  | 13 |
| &nbsp;&nbsp;&nbsp; Cibus Nordic Real Estate AB publ  | 2551 |  | 48 |
| &nbsp;&nbsp;&nbsp; Enea AB <sup>\*</sup> | 2484 |  | 17 |
| &nbsp;&nbsp;&nbsp; FM Mattsson AB, Cl B  | 67 |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Hexagon AB, Cl B  | 47313 | $| 476 |
| &nbsp;&nbsp;&nbsp; Loomis AB, Cl B  | 1142 |  | 44 |
| &nbsp;&nbsp;&nbsp; Nordrest Holding AB  | 693 |  | 12 |
| &nbsp;&nbsp;&nbsp; Sandvik AB  | 2359 |  | 51 |
| &nbsp;&nbsp;&nbsp; Skanska AB, Cl B  | 2169 |  | 52 |
| &nbsp;&nbsp;&nbsp; Swedish Orphan Biovitrum AB <sup>\*</sup> | 1292 |  | 40 |
| &nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM Ericsson ADR  | 80029 |  | 677 |
| &nbsp;&nbsp;&nbsp; Telia Co AB  | 54256 |  | 209 |
|  |  |  | 2477 |
| **Switzerland — 3.5%** | **Switzerland — 3.5%** | **Switzerland — 3.5%** | **Switzerland — 3.5%** |
| &nbsp;&nbsp;&nbsp; ABB Ltd  | 19242 |  | 1092 |
| &nbsp;&nbsp;&nbsp; Accelleron Industries AG  | 1847 |  | 107 |
| &nbsp;&nbsp;&nbsp; Allreal Holding AG  | 410 |  | 94 |
| &nbsp;&nbsp;&nbsp; Belimo Holding AG  | 155 |  | 150 |
| &nbsp;&nbsp;&nbsp; Chocoladefabriken Lindt & Spruengli AG  | 5 |  | 81 |
| &nbsp;&nbsp;&nbsp; Cicor Technologies Ltd <sup>\*</sup> | 331 |  | 50 |
| &nbsp;&nbsp;&nbsp; Cie Financiere Richemont SA, Cl A  | 1034 |  | 195 |
| &nbsp;&nbsp;&nbsp; dormakaba Holding AG  | 62 |  | 55 |
| &nbsp;&nbsp;&nbsp; DSM-Firmenich AG  | 727 |  | 81 |
| &nbsp;&nbsp;&nbsp; Geberit AG  | 68 |  | 51 |
| &nbsp;&nbsp;&nbsp; Klingelnberg AG  | 428 |  | 7 |
| &nbsp;&nbsp;&nbsp; Lastminute.com NV  | 1301 |  | 26 |
| &nbsp;&nbsp;&nbsp; Logitech International SA  | 8647 |  | 722 |
| &nbsp;&nbsp;&nbsp; On Holding AG, Cl A <sup>\*</sup> | 897 |  | 53 |
| &nbsp;&nbsp;&nbsp; Orell Fuessli AG  | 109 |  | 13 |
| &nbsp;&nbsp;&nbsp; Partners Group Holding AG  | 702 |  | 944 |
| &nbsp;&nbsp;&nbsp; Schindler Holding AG  | 305 |  | 109 |
| &nbsp;&nbsp;&nbsp; Sika AG  | 1802 |  | 484 |
| &nbsp;&nbsp;&nbsp; Sportradar Group AG, Cl A <sup>\*</sup> | 4123 |  | 99 |
| &nbsp;&nbsp;&nbsp; Sulzer AG  | 392 |  | 74 |
| &nbsp;&nbsp;&nbsp; Swatch Group AG/The  | 5400 |  | 913 |
| &nbsp;&nbsp;&nbsp; Swissquote Group Holding SA  | 233 |  | 140 |
| &nbsp;&nbsp;&nbsp; Temenos AG  | 2114 |  | 157 |
| &nbsp;&nbsp;&nbsp; VAT Group AG  | 1146 |  | 438 |
| &nbsp;&nbsp;&nbsp; V-ZUG Holding AG  | 312 |  | 28 |
|  |  |  | 6163 |
| **Taiwan — 3.8%** | **Taiwan — 3.8%** | **Taiwan — 3.8%** | **Taiwan — 3.8%** |
| &nbsp;&nbsp;&nbsp; 104 Corp  | 14000 |  | 108 |
| &nbsp;&nbsp;&nbsp; Acter Group Corp Ltd  | 4000 |  | 50 |
| &nbsp;&nbsp;&nbsp; ASROCK Inc  | 5000 |  | 35 |
| &nbsp;&nbsp;&nbsp; Asustek Computer Inc  | 33000 |  | 678 |
| &nbsp;&nbsp;&nbsp; Bizlink Holding Inc  | 2000 |  | 42 |
| &nbsp;&nbsp;&nbsp; Chin Hsin Environ Engineering Co Ltd  | 7000 |  | 16 |
| &nbsp;&nbsp;&nbsp; China Airlines Ltd  | 60000 |  | 44 |
| &nbsp;&nbsp;&nbsp; Elite Advanced Laser Corp <sup>\*</sup> | 7000 |  | 43 |
| &nbsp;&nbsp;&nbsp; Eva Airways Corp  | 73000 |  | 99 |
| &nbsp;&nbsp;&nbsp; Evergreen Marine Corp Taiwan Ltd  | 20200 |  | 163 |
| &nbsp;&nbsp;&nbsp; FIT Hon Teng Ltd <sup>\*</sup> | 49000 |  | 13 |
| &nbsp;&nbsp;&nbsp; General Plastic Industrial Co Ltd  | 21000 |  | 22 |
| &nbsp;&nbsp;&nbsp; Genesis Technology Inc/Taiwan <sup>\*</sup> | 1249 |  | 2 |
| &nbsp;&nbsp;&nbsp; Global Lighting Technologies Inc  | 11000 |  | 15 |
| &nbsp;&nbsp;&nbsp; Himax Technologies Inc ADR  | 3786 |  | 31 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Screened World Equity Ex-US Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; International Games System Co Ltd  | 11000 | $| 306 |
| &nbsp;&nbsp;&nbsp; KGI Financial Holding Co Ltd  | 166000 |  | 95 |
| &nbsp;&nbsp;&nbsp; King Slide Works Co Ltd  | 2000 |  | 134 |
| &nbsp;&nbsp;&nbsp; Lotes Co Ltd  | 6000 |  | 256 |
| &nbsp;&nbsp;&nbsp; MediaTek Inc  | 18000 |  | 739 |
| &nbsp;&nbsp;&nbsp; Mitac Holdings Corp <sup>\*</sup> | 22000 |  | 43 |
| &nbsp;&nbsp;&nbsp; Mitake Information Corp  | 4000 |  | 9 |
| &nbsp;&nbsp;&nbsp; MPI Corp  | 2000 |  | 52 |
| &nbsp;&nbsp;&nbsp; Novatek Microelectronics Corp  | 21000 |  | 358 |
| &nbsp;&nbsp;&nbsp; Otsuka Information Technology Corp  | 4000 |  | 30 |
| &nbsp;&nbsp;&nbsp; Realtek Semiconductor Corp  | 23000 |  | 410 |
| &nbsp;&nbsp;&nbsp; Rich Honour International Designs Co Ltd  | 20000 |  | 43 |
| &nbsp;&nbsp;&nbsp; Shanghai Commercial & Savings Bank Ltd/The  | 36000 |  | 56 |
| &nbsp;&nbsp;&nbsp; Sonix Technology Co Ltd  | 9000 |  | 11 |
| &nbsp;&nbsp;&nbsp; Taishin Financial Holding Co Ltd  | 73000 |  | 42 |
| &nbsp;&nbsp;&nbsp; Taiwan Mobile Co Ltd  | 11000 |  | 42 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co Ltd  | 42000 |  | 1340 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co Ltd ADR  | 5846 |  | 1130 |
| &nbsp;&nbsp;&nbsp; Tofu Restaurant Co Ltd  | 6000 |  | 43 |
| &nbsp;&nbsp;&nbsp; Tong Yang Industry Co Ltd  | 20000 |  | 86 |
| &nbsp;&nbsp;&nbsp; Uni-President Enterprises Corp  | 12000 |  | 32 |
| &nbsp;&nbsp;&nbsp; Wah Hong Industrial Corp  | 22000 |  | 25 |
| &nbsp;&nbsp;&nbsp; X-Legend Entertainment Co Ltd  | 8000 |  | 25 |
| &nbsp;&nbsp;&nbsp; Ya Horng Electronic Co Ltd  | 5000 |  | 10 |
|  |  |  | 6678 |
| **Thailand — 0.3%** | **Thailand — 0.3%** | **Thailand — 0.3%** | **Thailand — 0.3%** |
| &nbsp;&nbsp;&nbsp; Advanced Info Service PCL  | 14500 |  | 126 |
| &nbsp;&nbsp;&nbsp; Bangkok Bank PCL NVDR  | 28700 |  | 124 |
| &nbsp;&nbsp;&nbsp; Beyond Securities PCL NVDR <sup>\*</sup> | 1105400 |  | 17 |
| &nbsp;&nbsp;&nbsp; Charoen Pokphand Foods PCL NVDR  | 55400 |  | 41 |
| &nbsp;&nbsp;&nbsp; Haad Thip PCL NVDR  | 35600 |  | 17 |
| &nbsp;&nbsp;&nbsp; Kang Yong Electric PCL  | 900 |  | 9 |
| &nbsp;&nbsp;&nbsp; Ladprao General Hospital PCL  | 16000 |  | 2 |
| &nbsp;&nbsp;&nbsp; Netbay PCL NVDR  | 21600 |  | 11 |
| &nbsp;&nbsp;&nbsp; Precise Corp PCL NVDR  | 195200 |  | 15 |
| &nbsp;&nbsp;&nbsp; Premier Marketing PCL NVDR  | 59100 |  | 20 |
| &nbsp;&nbsp;&nbsp; PTT Exploration & Production PCL NVDR  | 36100 |  | 108 |
| &nbsp;&nbsp;&nbsp; Somboon Advance Technology PCL NVDR  | 69900 |  | 26 |
| &nbsp;&nbsp;&nbsp; Thai Oil PCL NVDR  | 1962 |  | 2 |
| &nbsp;&nbsp;&nbsp; Thai Union Feedmill PCL NVDR  | 189400 |  | 28 |
| &nbsp;&nbsp;&nbsp; Thai Vegetable Oil PCL NVDR, Strike Price NVDR  | 44300 |  | 30 |
| &nbsp;&nbsp;&nbsp; Thai Wah PCL NVDR  | 16600 |  | 1 |
| &nbsp;&nbsp;&nbsp; Thantawan Industry PCL  | 7600 |  | 6 |
|  |  |  | 583 |
| **Turkey — 0.1%** | **Turkey — 0.1%** | **Turkey — 0.1%** | **Turkey — 0.1%** |
| &nbsp;&nbsp;&nbsp; Aselsan Elektronik Sanayi Ve Ticaret AS  | 31699 |  | 105 |
| &nbsp;&nbsp;&nbsp; Pegasus Hava Tasimaciligi AS <sup>\*</sup> | 15183 |  | 93 |
|  |  |  | 198 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **United Arab Emirates — 0.6%** | **United Arab Emirates — 0.6%** | **United Arab Emirates — 0.6%** |
| &nbsp;&nbsp;&nbsp; Abu Dhabi Islamic Bank PJSC  | 15216 | $79 |
| &nbsp;&nbsp;&nbsp; Abu Dhabi National Insurance Co PSC  | 6055 | 10 |
| &nbsp;&nbsp;&nbsp; ADNOC Drilling Co PJSC  | 107537 | 154 |
| &nbsp;&nbsp;&nbsp; Adnoc Gas PLC  | 176651 | 158 |
| &nbsp;&nbsp;&nbsp; Emaar Development PJSC  | 27492 | 100 |
| &nbsp;&nbsp;&nbsp; Emaar Properties PJSC  | 42879 | 154 |
| &nbsp;&nbsp;&nbsp; Emirates NBD Bank PJSC  | 18445 | 112 |
| &nbsp;&nbsp;&nbsp; First Abu Dhabi Bank PJSC  | 24648 | 108 |
| &nbsp;&nbsp;&nbsp; National Bank of Ras Al-Khaimah PSC/The  | 5223 | 10 |
| &nbsp;&nbsp;&nbsp; NMDC Energy  | 108322 | 74 |
| &nbsp;&nbsp;&nbsp; Orascom Construction PLC  | 15067 | 78 |
| &nbsp;&nbsp;&nbsp; Salik Co PJSC  | 27122 | 42 |
|  |  | 1079 |
| **United Kingdom — 8.6%** | **United Kingdom — 8.6%** | **United Kingdom — 8.6%** |
| &nbsp;&nbsp;&nbsp; Barclays PLC ADR  | 25085 | 447 |
| &nbsp;&nbsp;&nbsp; Burberry Group PLC  | 128546 | 1800 |
| &nbsp;&nbsp;&nbsp; Costain Group PLC  | 104879 | 175 |
| &nbsp;&nbsp;&nbsp; Diageo PLC  | 20416 | 555 |
| &nbsp;&nbsp;&nbsp; Diploma PLC  | 8715 | 551 |
| &nbsp;&nbsp;&nbsp; Eurocell PLC  | 8287 | 18 |
| &nbsp;&nbsp;&nbsp; Halfords Group PLC  | 41980 | 95 |
| &nbsp;&nbsp;&nbsp; Halma PLC  | 24070 | 944 |
| &nbsp;&nbsp;&nbsp; Hargreaves Services PLC  | 5863 | 54 |
| &nbsp;&nbsp;&nbsp; Imperial Brands PLC  | 28988 | 1100 |
| &nbsp;&nbsp;&nbsp; InterContinental Hotels Group PLC  | 4715 | 541 |
| &nbsp;&nbsp;&nbsp; International Consolidated Airlines Group SA  | 65100 | 287 |
| &nbsp;&nbsp;&nbsp; Investec PLC  | 16367 | 117 |
| &nbsp;&nbsp;&nbsp; ITV PLC  | 1333564 | 1406 |
| &nbsp;&nbsp;&nbsp; JD Sports Fashion PLC  | 1244731 | 1413 |
| &nbsp;&nbsp;&nbsp; London Stock Exchange Group PLC  | 7333 | 1117 |
| &nbsp;&nbsp;&nbsp; Mears Group PLC  | 59243 | 333 |
| &nbsp;&nbsp;&nbsp; MP Evans Group PLC  | 1990 | 28 |
| &nbsp;&nbsp;&nbsp; NatWest Group PLC  | 76682 | 545 |
| &nbsp;&nbsp;&nbsp; Reckitt Benckiser Group PLC  | 23000 | 1565 |
| &nbsp;&nbsp;&nbsp; Record PLC  | 18356 | 14 |
| &nbsp;&nbsp;&nbsp; RELX PLC  | 19558 | 1053 |
| &nbsp;&nbsp;&nbsp; WPP PLC  | 110000 | 889 |
| &nbsp;&nbsp;&nbsp; XPS Pensions Group PLC  | 2585 | 14 |
|  |  | 15061 |
| **United States — 6.4%** | **United States — 6.4%** | **United States — 6.4%** |
| &nbsp;&nbsp;&nbsp; Aon PLC, Cl A  | 2542 | 946 |
| &nbsp;&nbsp;&nbsp; BP PLC  | 266098 | 1295 |
| &nbsp;&nbsp;&nbsp; CyberArk Software Ltd <sup>\*</sup> | 264 | 101 |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp <sup>\*</sup> | 67824 | 1239 |
| &nbsp;&nbsp;&nbsp; Experian PLC  | 15042 | 750 |
| &nbsp;&nbsp;&nbsp; JBS S/A  | 12900 | 90 |
| &nbsp;&nbsp;&nbsp; ManpowerGroup Inc  | 27486 | 1153 |
| &nbsp;&nbsp;&nbsp; MDA Space Ltd <sup>\*</sup> | 3014 | 62 |
| &nbsp;&nbsp;&nbsp; Molson Coors Canada Inc, Cl B  | 400 | 21 |
| &nbsp;&nbsp;&nbsp; Monday.com Ltd <sup>\*</sup> | 152 | 45 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Novartis AG  | 2816 | $| 326 |
| &nbsp;&nbsp;&nbsp; QIAGEN NV  | 1388 |  | 63 |
| &nbsp;&nbsp;&nbsp; Roche Holding AG  | 3599 |  | 1168 |
| &nbsp;&nbsp;&nbsp; Sanofi SA  | 12139 |  | 1202 |
| &nbsp;&nbsp;&nbsp; Signify NV  | 57907 |  | 1415 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA <sup>\*</sup> | 675 |  | 449 |
| &nbsp;&nbsp;&nbsp; TELUS International CDA Inc <sup>\*</sup> | 7800 |  | 22 |
| &nbsp;&nbsp;&nbsp; Titan Cement International SA  | 1061 |  | 48 |
| &nbsp;&nbsp;&nbsp; Western Union Co/The  | 100000 |  | 928 |
|  |  |  | 11323 |
|  Total Common Stock  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $143,185) ($ Thousands) |  |  | 165333 |
| **PREFERRED STOCK — 1.0%** | **PREFERRED STOCK — 1.0%** | **PREFERRED STOCK — 1.0%** | **PREFERRED STOCK — 1.0%** |
| **Brazil — 0.1%** | **Brazil — 0.1%** | **Brazil — 0.1%** | **Brazil — 0.1%** |
| &nbsp;&nbsp;&nbsp; Cia Energetica de Minas Gerais (A) | 12600 |  | 24 |
| &nbsp;&nbsp;&nbsp; Itau Unibanco Holding SA (A) | 21890 |  | 143 |
| &nbsp;&nbsp;&nbsp; Petroleo Brasileiro SA (A) | 4600 |  | 25 |
|  |  |  | 192 |
| **Chile — 0.0%** | **Chile — 0.0%** | **Chile — 0.0%** | **Chile — 0.0%** |
| &nbsp;&nbsp;&nbsp; Embotelladora Andina SA (A) | 9714 |  | 41 |
| **Germany — 0.9%** | **Germany — 0.9%** | **Germany — 0.9%** | **Germany — 0.9%** |
| &nbsp;&nbsp;&nbsp; Henkel AG & Co KGaA (A) | 14868 |  | 1191 |
| &nbsp;&nbsp;&nbsp; Sartorius AG (A) | 1569 |  | 377 |
|  |  |  | 1568 |
|  Total Preferred Stock  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,997) ($ Thousands) |  |  | 1801 |
| **EXCHANGE-TRADED FUND — 0.1%** | **EXCHANGE-TRADED FUND — 0.1%** | **EXCHANGE-TRADED FUND — 0.1%** | **EXCHANGE-TRADED FUND — 0.1%** |
| **International Equity — 0.1%** | **International Equity — 0.1%** | **International Equity — 0.1%** | **International Equity — 0.1%** |
| &nbsp;&nbsp;&nbsp; iShares Core MSCI EAFE ETF (A) | 2786 |  | 230 |
|  Total Exchange-Traded Fund  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $229) ($ Thousands) |  |  | 230 |
|  | Number of<br> Warrants |  |  |
| **WARRANT — 0.0%** | **WARRANT — 0.0%** | **WARRANT — 0.0%** | **WARRANT — 0.0%** |
| **Canada — 0.0%** | **Canada — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp; Constellation Software Inc, Expires 08/22/2028 <sup>\*</sup>(B) | 66 |  | – |
|  Total Warrant |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $—) ($ Thousands) |  |  | – |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **CASH EQUIVALENT — 2.3%** | **CASH EQUIVALENT — 2.3%** | **CASH EQUIVALENT — 2.3%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 4002210 | $4002 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $4,002) ($ Thousands) |  | 4002 |
| Total Investments in Securities — 97.4% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $149,413) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $149,413) ($ Thousands)  | $171366 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Screened World Equity Ex-US Fund** (Continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| <br> A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | <br> A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | <br> A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | <br> A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | <br> A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | <br> A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Euro STOXX 50 | 18 | Jun-2025 | $1088 | $1097 | $(3) |
| &nbsp;&nbsp; FTSE 100 Index | 7 | Jun-2025 | 813 | 829 | 9 |
| &nbsp;&nbsp; Hang Seng Index | 4 | Jun-2025 | 594 | 591 | (3) |
| &nbsp;&nbsp; S&P TSX 60 Index | 1 | Jun-2025 | 227 | 228 |  |
| &nbsp;&nbsp; SPI 200 Index | 5 | Jun-2025 | 670 | 680 | 11 |
| &nbsp;&nbsp; TOPIX Index | 5 | Jun-2025 | 943 | 970 | 21 |
|  |  |  | $4335 | $4395 | $35 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: |
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| Northern Trust | 10/04/25 | USD | 20 | EUR | 18 | $1 |
| Northern Trust | 11/04/25 | USD | 11 | EUR | 10 |  |
| Northern Trust | 11/04/25 | GBP | 116 | USD | 148 | (8) |
|  |  |  |  |  |  | $(7) |

---

A list of the open OTC Swap agreement held by the Fund at May 31, 2025, is as follows:

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** |
| **Counterparty** | **Reference Entity/ Obligation** | **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional<br> Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/<br> Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| Morgan Stanley | U.S. Custom Basket of Securities | 1 Month + 5.33% | ASSET RETURN | Annually | 12/31/2049 | USD | (186) | $547 | $– | $547 |
|  |  |  |  |  |  |  |  | $547 | $– | $547 |

---

The following table represents the top 50 individual stock exposures or those exceeding 1% of the Custom Basket Total Return Swap as of May 31, 2025:

United States Custom Basket of Long Securities

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| 7553 | NOVARTIS AG | $845 | $11 | (454.3)% |
| 3112 | LOBLAW COS LTD | 439 | 85 | (236.0) |
| 29176 | HSBC HOLDINGS PLC | 333 | 10 | (179.0) |
| 8627 | BUREAU VERITAS | 266 | 26 | (143.0) |
| 1795 | VINCI SA | 251 | 5 | (134.9) |
| 2935 | BNP PARIBAS | 250 | 18 | (134.4) |
| 1685 | ASTRAZENECA PLC | 244 | (2) | (131.2) |
| 12906 | ENGIE SA | 242 | 52 | (130.1) |
| 1663 | EURONEXT NV | 235 | 38 | (126.3) |
| 37939 | NATWEST GROUP PLC | 221 | 45 | (118.8) |
| 20778 | ROLLS-ROYCE HOLDINGS PLC | 216 | 26 | (116.1) |
| 4219 | EXPERIAN PLC | 210 | 0 | (113.0) |
| 5587 | GENERALI ORD | 205 | (1) | (110.2) |
| 4400 | CHUGAI PHARMACEUTICAL CO LTD | 203 | 26 | (109.1) |
| 6014 | UBS GROUP AG | 200 | (6) | (107.5) |
| 18400 | JAPAN POST HOLDINGS CO LTD | 194 | (15) | (104.3) |
| 23882 | ENEL SPA | 184 | 33 | (98.9) |
| 7258 | EQUINOR ASA | 180 | (9) | (96.9) |
| 9277 | CREDIT AGRICOLE | 168 | 10 | (90.3) |
| 6900 | SONY GROUP CORP | 167 | 15 | (89.8) |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| 1302 | NEXT PLC | $162 | $62 | (87.1)% |
| 58 | HERMES INTL | 157 | 2 | (84.4) |
| 3200 | HKEX | 151 | 11 | (81.1) |
| 3035 | 3I GROUP PLC | 150 | 15 | (80.6) |
| 10712 | FRESNILLO PLC | 150 | 18 | (80.6) |
| 256000 | PICC GROUP | 147 | 19 | (79.0) |
| 153494 | LLOYDS BANKING GROUP PLC | 139 | 23 | (74.7) |
| 4963 | DNB ASA | 127 | 11 | (68.3) |
| 35068 | CONVATEC PLC | 120 | 17 | (64.6) |
| 8882 | IG GROUP HOLDINGS PLC | 117 | 17 | (63.0) |
| 14000 | CLP HOLDINGS | 115 | 6 | (61.8) |
| 585 | GAMES WORKSHOP GROUP PLC | 111 | 9 | (59.7) |
| 4100 | NS SOLUTIONS CORP | 111 | (2) | (59.7) |
| 26568 | MARKS & SPENCER GROUP PLC | 111 | 23 | (59.6) |
| 2403 | COCA-COLA HBC AG-DI | 108 | 19 | (58.0) |
| 911 | SANOFI | 107 | (17) | (57.6) |
| 972 | COMPAGNIE DE SAINT GOBAIN | 106 | 2 | (57.0) |
| 3623 | AMER SPORTS INC | 103 | 28 | (55.4) |
| 6681 | STANDARD CHARTERED PLC | 101 | 4 | (54.4) |
| 1700 | ADVANTEST CORP | 97 | (11) | (52.2) |
| 2755 | KLEPIERRE | 96 | 11 | (51.7) |
| 139 | ZURICH INSURANCE GROUP AG | 96 | 4 | (51.6) |
| 24701 | BARCLAYS PLC | 95 | 14 | (51.0) |
| 24135 | INTL CONSOLIDATED AIRLINE-DI | 91 | 15 | (48.9) |
| 41000 | CHINA LIFE | 87 | (5) | (46.8) |
| 2373 | BOLIDEN | 86 | (13) | (46.2) |
| 308 | SAFRAN SA | 85 | 6 | (45.8) |
| 1900 | MAREX GROUP PLC | 85 | (3) | (45.8) |
| 9280 | LAND SECURITIES GROUP PLC | 79 | (0) | (42.5) |
| 2269 | ANGLOGOLD ASHANTI PLC | 75 | 24 | (40.3) |

---

The following table represents the individual stock exposures comprising the Net Short Custom Basket Total Return Swap as of May 31, 2025:

United States Custom Basket of Short Securities

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| (3849) | CANADIAN NATIONAL RAILWAY | $(378) | $(23) | 203.2% |
| (10679) | ASSOCIATED BRITISH FOODS PLC | (291) | (11) | 156.5 |
| (19800) | ONO PHARMACEUTICAL CO LTD | (221) | 8 | 118.9 |
| (2558) | SPIRAX GROUP PLC | (219) | 21 | 117.7 |
| (16900) | KYOCERA CORP | (195) | (10) | 104.8 |
| (1004) | THOMSON REUTERS CORP | (174) | (24) | 93.5 |
| (5200) | AGC INC | (164) | 11 | 88.3 |
| (32774) | APA GROUP | (162) | (12) | 87.1 |
| (4384) | ADECCO GROUP AG-REG | (143) | 16 | 76.9 |
| (5000) | TOTO LTD | (139) | 12 | 74.7 |
| (5542) | BCE INC | (131) | 12 | 70.4 |
| (65800) | CAPITALAND INVESTMENT LTD/SI | (128) | (0) | 68.8 |
| (35872) | B&M EUROPEAN VALUE RETAIL SA | (128) | (36) | 68.8 |
| (133819) | XINYI GLASS | (128) | 1 | 68.7 |
| (3990) | VALMET OYJ | (121) | (11) | 65.1 |
| (58000) | SATS LTD | (121) | (17) | 65.1 |
| (2200) | YAMATO KOGYO CO LTD | (121) | (9) | 65.0 |
| (632) | SWATCH GROUP I | (115) | 5 | 61.8 |
| (6447) | CVC CAPITAL PARTNERS PLC | (112) | (8) | 60.2 |
| (5273) | SIG GROUP AG | (109) | (1) | 58.6 |
| (9900) | SG HOLDINGS CO LTD | (108) | 12 | 58.1 |
| (71) | PARTNERS GROUP | (106) | 8 | 57.0 |
| (3288) | IGM FINANCIAL INC | (104) | (0) | 55.9 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Screened World Equity Ex-US Fund** (Concluded)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Shares  | Description | Notional Amount (Thousands) | Value (Thousands) | Percentage of Basket |
| (20873) | SCHRODERS PLC |  | $1 | 55.9% |
| (181600) | GENTING SINGAPORE LIMITED |  | 2 | 54.8 |
| (17742) | NEXI SPA |  | (9) | 54.8 |
| (10536) | SAMPO OYJ A |  | (14) | 54.3 |
| (2437) | INTERPUMP GROUP |  | 1 | 51.6 |
| (92200) | MAPLETREE PAN ASIA COMMERCIAL |  | 3 | 46.7 |
| (27015) | STOCKLAND |  | (9) | 45.8 |
| (534) | BOYD GROUP SERVICES INC |  | 6 | 45.8 |
| (7800) | RICOH CO LTD |  | 12 | 45.2 |
| (765) | COLOPLAST B |  | 8 | 43.5 |
| (2479) | SPECTRIS PLC |  | 13 | 43.5 |
| (4400) | NIPPON EXPRESS HOLDINGS INC |  | (0) | 43.5 |
| (418) | WASTE CONNECTIONS INC |  | (3) | 41.9 |
| (2028) | GREAT-WEST LIFECO INC |  | 0 | 41.4 |
| (6838) | GLANBIA |  | (22) | 41.4 |
| (15016) | ALGONQUIN PWR & UTILS CORP |  | (6) | 41.3 |
| (3500) | SUMITOMO METAL MINING CO LTD |  | (4) | 41.0 |
| (72575) | ITV PLC |  | (4) | 39.8 |
| (9948) | KINNEVIK B |  | (15) | 39.2 |
| (676) | BCV N |  | (8) | 39.2 |
| (4377) | MONDI PLC |  | (1) | 38.7 |
| (7700) | VENTURE CORPORATION LTD |  | 3 | 38.7 |
| (3300) | WEST JAPAN RAILWAY CO |  | 0 | 38.6 |
| (89000) | HANG LUNG PPT |  | 0 | 37.6 |
| (4400) | FUJI CORP |  | (1) | 37.6 |
| (24868) | MAN GROUP PLC/JERSEY |  | 7 | 36.6 |
| (967) | JULIUS BAER N |  | 1 | 36.6 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $175,851 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (A) | No interest rate available. |
| (B) | Level 3 security in accordance with fair value hierarchy. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)<sup>(1)</sup>** |  | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 158712 | 6621 |  |  | 165333 |
| &nbsp;&nbsp;&nbsp; Preferred Stock | 1801 |  |  |  | 1801 |
| &nbsp;&nbsp;&nbsp; Exchange-Traded Fund | 230 |  |  |  | 230 |
| &nbsp;&nbsp;&nbsp; Warrant |  |  |  | ^ |  |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 4002 | – |  |  | 4002 |
|  Total Investments in Securities | 164745 | 6621 |  |  | 171366 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 41 |  |  | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (5) |  |  | (5) |
| &nbsp;&nbsp;&nbsp; Forward Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation |  | 1 |  | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation |  | (8) |  | (8) |
| &nbsp;&nbsp;&nbsp; OTC Swap |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Return Swap\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | – | 547 |  | 547 |
| Total Other Financial Instruments | 36 | 540 |  | 576 |

---

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

(1) A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the end of the period in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

^ This category includes securities with a value of $—.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in the Notes to Financial Statements.

------

SEI Institutional Investments Trust

The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description**  | **Value 5/31/2024** | **Purchases at Cost**  | **Proceeds from Sales**  | **Realized Gain/(Loss)** | **Change in Unrealized Appreciation/(Depreciation)**  | **Value 5/31/2025** | **Income**  | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, Institutional Class | $1680 | $26179 | $(23857) | $— | $— | $4002 | $161 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Equity Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 95.2%** | **COMMON STOCK — 95.2%** | **COMMON STOCK — 95.2%** |
| **Argentina — 0.7%** | **Argentina — 0.7%** | **Argentina — 0.7%** |
| &nbsp;&nbsp;&nbsp; Corp America Airports SA <sup>\*</sup> | 112226 | $2312 |
| &nbsp;&nbsp;&nbsp; Loma Negra Cia Industrial Argentina SA ADR <sup>\*</sup> | 160349 | 2031 |
| &nbsp;&nbsp;&nbsp; Vista Energy SAB de CV ADR <sup>\*</sup> | 15681 | 777 |
|  |  | 5120 |
| **Australia — 0.3%** | **Australia — 0.3%** | **Australia — 0.3%** |
| &nbsp;&nbsp;&nbsp; OceanaGold Corp  | 213595 | 949 |
| &nbsp;&nbsp;&nbsp; SolGold PLC <sup>\*</sup> | 17739512 | 1692 |
|  |  | 2641 |
| **Bangladesh — 0.9%** | **Bangladesh — 0.9%** | **Bangladesh — 0.9%** |
| &nbsp;&nbsp;&nbsp; BRAC Bank PLC  | 12799675 | 4818 |
| &nbsp;&nbsp;&nbsp; Square Pharmaceuticals PLC  | 1118023 | 1846 |
|  |  | 6664 |
| **Belgium — 0.2%** | **Belgium — 0.2%** | **Belgium — 0.2%** |
| &nbsp;&nbsp;&nbsp; Cenergy Holdings SA  | 62603 | 694 |
| &nbsp;&nbsp;&nbsp; Melexis NV  | 9381 | 631 |
|  |  | 1325 |
| **Brazil — 5.1%** | **Brazil — 5.1%** | **Brazil — 5.1%** |
| &nbsp;&nbsp;&nbsp; C&A MODAS SA  | 651000 | 2030 |
| &nbsp;&nbsp;&nbsp; Cia de Saneamento Basico do Estado de Sao Paulo SABESP  | 130271 | 2670 |
| &nbsp;&nbsp;&nbsp; Cogna Educacao SA  | 828200 | 426 |
| &nbsp;&nbsp;&nbsp; CPFL Energia SA  | 170300 | 1203 |
| &nbsp;&nbsp;&nbsp; Cury Construtora e Incorporadora SA  | 87800 | 439 |
| &nbsp;&nbsp;&nbsp; Cyrela Brazil Realty SA Empreendimentos e Participacoes  | 96100 | 419 |
| &nbsp;&nbsp;&nbsp; Direcional Engenharia SA  | 72300 | 509 |
| &nbsp;&nbsp;&nbsp; Embraer SA  | 117100 | 1338 |
| &nbsp;&nbsp;&nbsp; Embraer SA ADR  | 27947 | 1285 |
| &nbsp;&nbsp;&nbsp; Grupo Mateus SA  | 559800 | 779 |
| &nbsp;&nbsp;&nbsp; Hapvida Participacoes e Investimentos S/A <sup>\*</sup> | 1700300 | 845 |
| &nbsp;&nbsp;&nbsp; Inter & Co Inc, Cl A  | 362500 | 2581 |
| &nbsp;&nbsp;&nbsp; Itau Unibanco Holding SA ADR  | 1143106 | 7533 |
| &nbsp;&nbsp;&nbsp; MercadoLibre Inc <sup>\*</sup> | 100 | 256 |
| &nbsp;&nbsp;&nbsp; NU Holdings Ltd/Cayman Islands, Cl A <sup>\*</sup> | 72027 | 865 |
| &nbsp;&nbsp;&nbsp; Pagseguro Digital Ltd, Cl A  | 99079 | 883 |
| &nbsp;&nbsp;&nbsp; Petroleo Brasileiro SA ADR, Cl A  | 388455 | 4203 |
| &nbsp;&nbsp;&nbsp; Rumo SA  | 384800 | 1271 |
| &nbsp;&nbsp;&nbsp; Sendas Distribuidora S/A  | 863700 | 1686 |
| &nbsp;&nbsp;&nbsp; TIM SA/Brazil  | 1205500 | 4078 |
| &nbsp;&nbsp;&nbsp; TOTVS SA  | 205400 | 1532 |
| &nbsp;&nbsp;&nbsp; Vibra Energia SA  | 124600 | 437 |
| &nbsp;&nbsp;&nbsp; Vulcabras SA  | 194400 | 687 |
| &nbsp;&nbsp;&nbsp; XP Inc, Cl A  | 39647 | 768 |
| &nbsp;&nbsp;&nbsp; YDUQS Participacoes SA  | 137500 | 378 |
|  |  | 39101 |
| **Canada — 0.6%** | **Canada — 0.6%** | **Canada — 0.6%** |
| &nbsp;&nbsp;&nbsp; Capstone Copper Corp <sup>\*</sup> | 209728 | 1135 |
| &nbsp;&nbsp;&nbsp; Celestica Inc <sup>\*</sup> | 20916 | 2413 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Pan American Silver Corp  | 60200 | $| 1468 |
|  |  |  | 5016 |
| **Cayman Islands — 0.1%** | **Cayman Islands — 0.1%** | **Cayman Islands — 0.1%** | **Cayman Islands — 0.1%** |
| &nbsp;&nbsp;&nbsp; Theon International PLC  | 29292 |  | 1105 |
| **Chile — 0.6%** | **Chile — 0.6%** | **Chile — 0.6%** | **Chile — 0.6%** |
| &nbsp;&nbsp;&nbsp; Banco Santander Chile ADR  | 77653 |  | 1875 |
| &nbsp;&nbsp;&nbsp; Enel Chile SA ADR  | 163245 |  | 579 |
| &nbsp;&nbsp;&nbsp; Parque Arauco SA  | 1022815 |  | 2121 |
|  |  |  | 4575 |
| **China — 18.1%** | **China — 18.1%** | **China — 18.1%** | **China — 18.1%** |
| &nbsp;&nbsp;&nbsp; 3SBio Inc  | 432500 |  | 1039 |
| &nbsp;&nbsp;&nbsp; Agricultural Bank of China Ltd, Cl H  | 1935000 |  | 1240 |
| &nbsp;&nbsp;&nbsp; Akeso Inc <sup>\*</sup> | 82000 |  | 873 |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd  | 968000 |  | 13781 |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd ADR  | 40622 |  | 4624 |
| &nbsp;&nbsp;&nbsp; AsiaInfo Technologies Ltd  | 789127 |  | 936 |
| &nbsp;&nbsp;&nbsp; Atour Lifestyle Holdings Ltd ADR  | 17281 |  | 541 |
| &nbsp;&nbsp;&nbsp; Baidu Inc ADR <sup>\*</sup> | 64281 |  | 5265 |
| &nbsp;&nbsp;&nbsp; Bethel Automotive Safety Systems Co Ltd, Cl A  | 130800 |  | 990 |
| &nbsp;&nbsp;&nbsp; BYD Co Ltd, Cl A  | 35400 |  | 1723 |
| &nbsp;&nbsp;&nbsp; BYD Co Ltd, Cl H  | 29500 |  | 1466 |
| &nbsp;&nbsp;&nbsp; China Construction Bank Corp, Cl H  | 4867000 |  | 4351 |
| &nbsp;&nbsp;&nbsp; China Galaxy Securities Co Ltd, Cl H  | 791000 |  | 760 |
| &nbsp;&nbsp;&nbsp; China Hongqiao Group Ltd  | 481500 |  | 856 |
| &nbsp;&nbsp;&nbsp; China Life Insurance Co Ltd, Cl H  | 336000 |  | 680 |
| &nbsp;&nbsp;&nbsp; China National Building Material Co Ltd, Cl H  | 2746009 |  | 1222 |
| &nbsp;&nbsp;&nbsp; China Pacific Insurance Group Co Ltd, Cl H  | 262600 |  | 816 |
| &nbsp;&nbsp;&nbsp; China Railway Group Ltd, Cl H  | 1731000 |  | 778 |
| &nbsp;&nbsp;&nbsp; China Resources Land Ltd  | 1171000 |  | 3793 |
| &nbsp;&nbsp;&nbsp; China Resources Pharmaceutical Group Ltd  | 466000 |  | 306 |
| &nbsp;&nbsp;&nbsp; Chongqing Baiya Sanitary Products Co Ltd, Cl A  | 255500 |  | 1085 |
| &nbsp;&nbsp;&nbsp; CITIC Ltd  | 753000 |  | 947 |
| &nbsp;&nbsp;&nbsp; Contemporary Amperex Technology Co Ltd, Cl A  | 253248 |  | 8745 |
| &nbsp;&nbsp;&nbsp; COSCO SHIPPING Holdings Co Ltd, Cl H  | 934050 |  | 1608 |
| &nbsp;&nbsp;&nbsp; DiDi Global Inc ADR <sup>\*</sup> | 536359 |  | 2457 |
| &nbsp;&nbsp;&nbsp; GDS Holdings Ltd, Cl A <sup>\*</sup> | 254443 |  | 754 |
| &nbsp;&nbsp;&nbsp; Geely Automobile Holdings Ltd  | 290000 |  | 646 |
| &nbsp;&nbsp;&nbsp; Giant Biogene Holding Co ltd  | 176800 |  | 1593 |
| &nbsp;&nbsp;&nbsp; Gree Electric Appliances Inc of Zhuhai, Cl A  | 83200 |  | 535 |
| &nbsp;&nbsp;&nbsp; Guangdong Xinbao Electrical Appliances Holdings Co Ltd, Cl A  | 132067 |  | 259 |
| &nbsp;&nbsp;&nbsp; Haier Smart Home Co Ltd, Cl A  | 1762800 |  | 5133 |
| &nbsp;&nbsp;&nbsp; Hello Group Inc ADR  | 38755 |  | 235 |
| &nbsp;&nbsp;&nbsp; Hengtong Optic-electric Co Ltd, Cl A  | 240900 |  | 500 |
| &nbsp;&nbsp;&nbsp; Industrial & Commercial Bank of China Ltd, Cl H  | 823000 |  | 597 |
| &nbsp;&nbsp;&nbsp; iQIYI Inc ADR <sup>\*</sup> | 786065 |  | 1258 |
| &nbsp;&nbsp;&nbsp; JD.com Inc ADR  | 192278 |  | 6232 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; JOYY Inc ADR  | 8567 | $| 410 |
| &nbsp;&nbsp;&nbsp; Kingdee International Software Group Co Ltd <sup>\*</sup> | 580000 |  | 903 |
| &nbsp;&nbsp;&nbsp; Kunlun Energy Co Ltd  | 1482000 |  | 1480 |
| &nbsp;&nbsp;&nbsp; Kweichow Moutai Co Ltd, Cl A  | 3974 |  | 837 |
| &nbsp;&nbsp;&nbsp; Medlive Technology Co Ltd  | 434000 |  | 693 |
| &nbsp;&nbsp;&nbsp; Meitu Inc  | 4659000 |  | 3899 |
| &nbsp;&nbsp;&nbsp; Meituan, Cl B <sup>\*</sup> | 47800 |  | 827 |
| &nbsp;&nbsp;&nbsp; Minth Group Ltd <sup>\*</sup> | 46000 |  | 124 |
| &nbsp;&nbsp;&nbsp; NARI Technology Co Ltd, Cl A  | 366300 |  | 1126 |
| &nbsp;&nbsp;&nbsp; NetEase Inc ADR  | 2500 |  | 304 |
| &nbsp;&nbsp;&nbsp; New China Life Insurance Co Ltd, Cl H  | 169600 |  | 690 |
| &nbsp;&nbsp;&nbsp; Nexteer Automotive Group Ltd  | 1198685 |  | 876 |
| &nbsp;&nbsp;&nbsp; PDD Holdings Inc ADR <sup>\*</sup> | 11173 |  | 1078 |
| &nbsp;&nbsp;&nbsp; People's Insurance Co Group of China Ltd/The, Cl H  | 1190000 |  | 776 |
| &nbsp;&nbsp;&nbsp; PICC Property & Casualty Co Ltd  | 2114000 |  | 4017 |
| &nbsp;&nbsp;&nbsp; Ping An Insurance Group Co of China Ltd, Cl H  | 1039500 |  | 6071 |
| &nbsp;&nbsp;&nbsp; Pop Mart International Group Ltd  | 59800 |  | 1671 |
| &nbsp;&nbsp;&nbsp; Q Technology Group Co Ltd  | 821000 |  | 677 |
| &nbsp;&nbsp;&nbsp; Qifu Technology Inc ADR  | 28620 |  | 1176 |
| &nbsp;&nbsp;&nbsp; Shenzhen Mindray Bio-Medical Electronics Co Ltd, Cl A  | 42600 |  | 1330 |
| &nbsp;&nbsp;&nbsp; Sinotruk Hong Kong Ltd  | 432000 |  | 1088 |
| &nbsp;&nbsp;&nbsp; Tencent Holdings Ltd  | 243753 |  | 15366 |
| &nbsp;&nbsp;&nbsp; Tencent Music Entertainment Group ADR  | 40254 |  | 678 |
| &nbsp;&nbsp;&nbsp; Tongcheng Travel Holdings Ltd  | 536909 |  | 1509 |
| &nbsp;&nbsp;&nbsp; Trip.com Group Ltd ADR  | 22126 |  | 1386 |
| &nbsp;&nbsp;&nbsp; UBTech Robotics Corp LTD <sup>\*</sup> | 32200 |  | 341 |
| &nbsp;&nbsp;&nbsp; Uni-President China Holdings Ltd  | 646309 |  | 840 |
| &nbsp;&nbsp;&nbsp; Vipshop Holdings Ltd ADR  | 225502 |  | 3110 |
| &nbsp;&nbsp;&nbsp; Weibo Corp ADR  | 46669 |  | 422 |
| &nbsp;&nbsp;&nbsp; Weilong Delicious Global Holdings Ltd  | 368600 |  | 647 |
| &nbsp;&nbsp;&nbsp; Xiaomi Corp, Cl B <sup>\*</sup> | 348600 |  | 2244 |
| &nbsp;&nbsp;&nbsp; Yantai China Pet Foods Co Ltd, Cl A  | 109600 |  | 955 |
| &nbsp;&nbsp;&nbsp; Yihai International Holding Ltd  | 412862 |  | 702 |
| &nbsp;&nbsp;&nbsp; Yunnan Yuntianhua Co Ltd, Cl A  | 107100 |  | 324 |
| &nbsp;&nbsp;&nbsp; Yutong Bus Co Ltd, Cl A  | 127500 |  | 437 |
| &nbsp;&nbsp;&nbsp; Zhejiang NHU Co Ltd, Cl A  | 361969 |  | 1102 |
|  |  |  | 138740 |
| **Colombia — 0.2%** | **Colombia — 0.2%** | **Colombia — 0.2%** | **Colombia — 0.2%** |
| &nbsp;&nbsp;&nbsp; Gran Tierra Energy Inc <sup>\*</sup> | 251274 |  | 1193 |
| **Democratic Republic of Congo — 0.3%** | **Democratic Republic of Congo — 0.3%** | **Democratic Republic of Congo — 0.3%** | **Democratic Republic of Congo — 0.3%** |
| &nbsp;&nbsp;&nbsp; Ivanhoe Mines Ltd, Cl A <sup>\*</sup> | 278365 |  | 2152 |
| **Egypt — 0.4%** | **Egypt — 0.4%** | **Egypt — 0.4%** | **Egypt — 0.4%** |
| &nbsp;&nbsp;&nbsp; Commercial International Bank - Egypt GDR  | 2175279 |  | 3285 |
| **Ghana — 0.1%** | **Ghana — 0.1%** | **Ghana — 0.1%** | **Ghana — 0.1%** |
| &nbsp;&nbsp;&nbsp; Tullow Oil PLC <sup>\*</sup> | 4509267 |  | 861 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Greece — 2.5%** | **Greece — 2.5%** | **Greece — 2.5%** |
| &nbsp;&nbsp;&nbsp; Eurobank Ergasias Services and Holdings SA  | 1867186 | $5750 |
| &nbsp;&nbsp;&nbsp; National Bank of Greece SA  | 303936 | 3618 |
| &nbsp;&nbsp;&nbsp; OPAP SA  | 79360 | 1706 |
| &nbsp;&nbsp;&nbsp; Piraeus Financial Holdings SA  | 1198008 | 7980 |
|  |  | 19054 |
| **Hong Kong — 0.1%** | **Hong Kong — 0.1%** | **Hong Kong — 0.1%** |
| &nbsp;&nbsp;&nbsp; Cowell e Holdings Inc <sup>\*</sup> | 345000 | 980 |
| **Hungary — 0.5%** | **Hungary — 0.5%** | **Hungary — 0.5%** |
| &nbsp;&nbsp;&nbsp; OTP Bank Nyrt  | 50733 | 3847 |
| &nbsp;&nbsp;&nbsp; Richter Gedeon Nyrt  | 12004 | 349 |
|  |  | 4196 |
| **India — 10.2%** | **India — 10.2%** | **India — 10.2%** |
| &nbsp;&nbsp;&nbsp; Adani Ports & Special Economic Zone Ltd  | 47330 | 794 |
| &nbsp;&nbsp;&nbsp; Amber Enterprises India Ltd <sup>\*</sup> | 5115 | 388 |
| &nbsp;&nbsp;&nbsp; Ashoka Buildcon Ltd <sup>\*</sup> | 589845 | 1520 |
| &nbsp;&nbsp;&nbsp; Aster DM Healthcare Ltd  | 141363 | 924 |
| &nbsp;&nbsp;&nbsp; Bharat Petroleum Corp Ltd  | 87153 | 325 |
| &nbsp;&nbsp;&nbsp; Bharti Airtel Ltd  | 144849 | 3147 |
| &nbsp;&nbsp;&nbsp; Brigade Enterprises Ltd  | 128755 | 1649 |
| &nbsp;&nbsp;&nbsp; BSE Ltd  | 27123 | 850 |
| &nbsp;&nbsp;&nbsp; Canara Bank  | 594271 | 798 |
| &nbsp;&nbsp;&nbsp; Cartrade Tech Ltd <sup>\*</sup> | 39366 | 715 |
| &nbsp;&nbsp;&nbsp; Ceat Ltd  | 6849 | 303 |
| &nbsp;&nbsp;&nbsp; Cholamandalam Financial Holdings Ltd  | 83590 | 1825 |
| &nbsp;&nbsp;&nbsp; Coromandel International Ltd  | 36194 | 970 |
| &nbsp;&nbsp;&nbsp; Divi's Laboratories Ltd  | 7338 | 568 |
| &nbsp;&nbsp;&nbsp; Dixon Technologies India Ltd  | 3734 | 642 |
| &nbsp;&nbsp;&nbsp; Exide Industries Ltd  | 207761 | 940 |
| &nbsp;&nbsp;&nbsp; Federal Bank Ltd  | 1807301 | 4274 |
| &nbsp;&nbsp;&nbsp; Fortis Healthcare Ltd  | 17740 | 147 |
| &nbsp;&nbsp;&nbsp; Genus Power Infrastructures Ltd  | 434498 | 2012 |
| &nbsp;&nbsp;&nbsp; HCL Technologies Ltd  | 113523 | 2173 |
| &nbsp;&nbsp;&nbsp; HDFC Bank Ltd ADR  | 59147 | 4459 |
| &nbsp;&nbsp;&nbsp; Hindalco Industries Ltd  | 98026 | 727 |
| &nbsp;&nbsp;&nbsp; ICICI Bank Ltd  | 180009 | 3053 |
| &nbsp;&nbsp;&nbsp; ICICI Bank Ltd ADR  | 159049 | 5446 |
| &nbsp;&nbsp;&nbsp; Indian Hotels Co Ltd/The, Cl A  | 12840 | 116 |
| &nbsp;&nbsp;&nbsp; Indus Towers Ltd <sup>\*</sup> | 127860 | 575 |
| &nbsp;&nbsp;&nbsp; Info Edge India Ltd  | 29012 | 484 |
| &nbsp;&nbsp;&nbsp; InterGlobe Aviation Ltd <sup>\*</sup> | 16804 | 1049 |
| &nbsp;&nbsp;&nbsp; Jyothy Labs Ltd  | 247398 | 998 |
| &nbsp;&nbsp;&nbsp; Karur Vysya Bank Ltd/The  | 43948 | 114 |
| &nbsp;&nbsp;&nbsp; Kaynes Technology India Ltd <sup>\*</sup> | 14398 | 1007 |
| &nbsp;&nbsp;&nbsp; KEC International Ltd  | 141243 | 1375 |
| &nbsp;&nbsp;&nbsp; Kotak Mahindra Bank Ltd  | 38422 | 933 |
| &nbsp;&nbsp;&nbsp; Krishna Institute of Medical Sciences Ltd <sup>\*</sup> | 36687 | 293 |
| &nbsp;&nbsp;&nbsp; Lemon Tree Hotels Ltd <sup>\*</sup> | 441117 | 719 |
| &nbsp;&nbsp;&nbsp; LIC Housing Finance Ltd  | 77544 | 541 |
| &nbsp;&nbsp;&nbsp; Lupin Ltd  | 33592 | 770 |
| &nbsp;&nbsp;&nbsp; Mahanagar Gas Ltd  | 27356 | 424 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Equity Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Mahindra & Mahindra Ltd  | 42533 | $| 1481 |
| &nbsp;&nbsp;&nbsp; Max Healthcare Institute Ltd  | 24532 |  | 323 |
| &nbsp;&nbsp;&nbsp; Mrs Bectors Food Specialities Ltd  | 93877 |  | 1602 |
| &nbsp;&nbsp;&nbsp; Muthoot Finance Ltd  | 24505 |  | 636 |
| &nbsp;&nbsp;&nbsp; Narayana Hrudayalaya Ltd  | 140919 |  | 2871 |
| &nbsp;&nbsp;&nbsp; Natco Pharma Ltd  | 37144 |  | 383 |
| &nbsp;&nbsp;&nbsp; National Aluminium Co Ltd  | 164356 |  | 347 |
| &nbsp;&nbsp;&nbsp; Oil & Natural Gas Corp Ltd  | 174028 |  | 487 |
| &nbsp;&nbsp;&nbsp; ONESOURCE SPECIALTY PHARMA L <sup>\*</sup> | 11854 |  | 267 |
| &nbsp;&nbsp;&nbsp; Paradeep Phosphates Ltd  | 171050 |  | 345 |
| &nbsp;&nbsp;&nbsp; PB Fintech Ltd <sup>\*</sup> | 157667 |  | 3250 |
| &nbsp;&nbsp;&nbsp; Petronet LNG Ltd  | 467002 |  | 1679 |
| &nbsp;&nbsp;&nbsp; PG Electroplast Ltd  | 54439 |  | 491 |
| &nbsp;&nbsp;&nbsp; Phoenix Mills Ltd/The  | 199731 |  | 3594 |
| &nbsp;&nbsp;&nbsp; PNB Housing Finance Ltd <sup>\*</sup> | 102201 |  | 1250 |
| &nbsp;&nbsp;&nbsp; Raymond Ltd  | 59211 |  | 437 |
| &nbsp;&nbsp;&nbsp; Raymond Realty Ltd  | 59211 |  | 692 |
| &nbsp;&nbsp;&nbsp; REC Ltd  | 451149 |  | 2128 |
| &nbsp;&nbsp;&nbsp; Redington Ltd  | 99438 |  | 301 |
| &nbsp;&nbsp;&nbsp; Reliance Industries Ltd  | 34792 |  | 579 |
| &nbsp;&nbsp;&nbsp; SAI LIFE SCIENCES LTD <sup>\*</sup> | 8143 |  | 72 |
| &nbsp;&nbsp;&nbsp; Shriram Finance Ltd  | 230888 |  | 1728 |
| &nbsp;&nbsp;&nbsp; Sobha Ltd  | 47740 |  | 802 |
| &nbsp;&nbsp;&nbsp; Solar Industries India Ltd  | 855 |  | 161 |
| &nbsp;&nbsp;&nbsp; South Indian Bank Ltd/The  | 1144783 |  | 395 |
| &nbsp;&nbsp;&nbsp; Sun Pharmaceutical Industries Ltd  | 35216 |  | 691 |
| &nbsp;&nbsp;&nbsp; Thermax Ltd  | 24025 |  | 953 |
| &nbsp;&nbsp;&nbsp; Union Bank of India Ltd  | 406322 |  | 698 |
| &nbsp;&nbsp;&nbsp; Varun Beverages Ltd  | 244058 |  | 1360 |
|  |  |  | 78050 |
| **Indonesia — 3.8%** | **Indonesia — 3.8%** | **Indonesia — 3.8%** | **Indonesia — 3.8%** |
| &nbsp;&nbsp;&nbsp; ADARO ANDALAN INDONESIA PT <sup>\*</sup> | 530075 |  | 234 |
| &nbsp;&nbsp;&nbsp; Aneka Tambang Tbk  | 5920700 |  | 1129 |
| &nbsp;&nbsp;&nbsp; Astra International Tbk PT  | 2148200 |  | 639 |
| &nbsp;&nbsp;&nbsp; Bank Central Asia Tbk PT  | 2370800 |  | 1368 |
| &nbsp;&nbsp;&nbsp; Bank Mandiri Persero Tbk PT  | 2815100 |  | 915 |
| &nbsp;&nbsp;&nbsp; Bank Rakyat Indonesia Persero Tbk PT  | 21364327 |  | 5813 |
| &nbsp;&nbsp;&nbsp; Bank Syariah Indonesia Tbk PT  | 4012200 |  | 736 |
| &nbsp;&nbsp;&nbsp; Cisarua Mountain Dairy PT TBK  | 6179200 |  | 1851 |
| &nbsp;&nbsp;&nbsp; First Pacific Co Ltd  | 7750000 |  | 5320 |
| &nbsp;&nbsp;&nbsp; Indofood Sukses Makmur Tbk PT  | 707600 |  | 341 |
| &nbsp;&nbsp;&nbsp; Medikaloka Hermina Tbk PT  | 43140800 |  | 4080 |
| &nbsp;&nbsp;&nbsp; Pakuwon Jati Tbk PT  | 89667684 |  | 2199 |
| &nbsp;&nbsp;&nbsp; Perusahaan Gas Negara Tbk PT  | 2639900 |  | 294 |
| &nbsp;&nbsp;&nbsp; Trimegah Bangun Persada Tbk PT  | 45142039 |  | 1935 |
| &nbsp;&nbsp;&nbsp; Ultrajaya Milk Industry & Trading Co Tbk PT  | 27622400 |  | 2229 |
|  |  |  | 29083 |
| **Israel — 0.7%** | **Israel — 0.7%** | **Israel — 0.7%** | **Israel — 0.7%** |
| &nbsp;&nbsp;&nbsp; Energean PLC  | 405434 |  | 5025 |
| **Kazakhstan — 2.1%** | **Kazakhstan — 2.1%** | **Kazakhstan — 2.1%** | **Kazakhstan — 2.1%** |
| &nbsp;&nbsp;&nbsp; Air Astana JSC GDR  | 771980 |  | 4369 |
| &nbsp;&nbsp;&nbsp; Halyk Savings Bank of Kazakhstan JSC GDR  | 330511 |  | 7460 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Kaspi.KZ JSC ADR  | 7619 | 608 |
| &nbsp;&nbsp;&nbsp; NAC Kazatomprom JSC GDR  | 99200 | 3622 |
|  |  | 16059 |
| **Kenya — 0.4%** | **Kenya — 0.4%** | **Kenya — 0.4%** |
| &nbsp;&nbsp;&nbsp; Equity Group Holdings PLC/Kenya  | 9178063 | 3058 |
| **Luxembourg — 0.5%** | **Luxembourg — 0.5%** | **Luxembourg — 0.5%** |
| &nbsp;&nbsp;&nbsp; ZABKA GROUP SA <sup>\*</sup> | 608408 | 3676 |
| **Macao — 0.1%** | **Macao — 0.1%** | **Macao — 0.1%** |
| &nbsp;&nbsp;&nbsp; MGM China Holdings Ltd  | 647600 | 917 |
| **Malaysia — 0.2%** | **Malaysia — 0.2%** | **Malaysia — 0.2%** |
| &nbsp;&nbsp;&nbsp; 99 Speed Mart Retail Holdings Bhd  | 946940 | 461 |
| &nbsp;&nbsp;&nbsp; My EG Services Bhd  | 1998500 | 432 |
| &nbsp;&nbsp;&nbsp; Sime Darby Bhd  | 571000 | 228 |
| &nbsp;&nbsp;&nbsp; Tenaga Nasional Bhd  | 155800 | 513 |
|  |  | 1634 |
| **Mexico — 1.8%** | **Mexico — 1.8%** | **Mexico — 1.8%** |
| &nbsp;&nbsp;&nbsp; Alsea SAB de CV  | 334700 | 839 |
| &nbsp;&nbsp;&nbsp; Banco del Bajio SA  | 264000 | 685 |
| &nbsp;&nbsp;&nbsp; BBB Foods Inc, Cl A <sup>\*</sup> | 38938 | 1124 |
| &nbsp;&nbsp;&nbsp; Fibra Uno Administracion SA de CV <sup>‡</sup> | 444400 | 621 |
| &nbsp;&nbsp;&nbsp; GCC SAB de CV  | 80900 | 754 |
| &nbsp;&nbsp;&nbsp; Gentera SAB de CV  | 189600 | 372 |
| &nbsp;&nbsp;&nbsp; Grupo Aeroportuario del Pacifico SAB de CV, Cl B  | 63978 | 1469 |
| &nbsp;&nbsp;&nbsp; Grupo Financiero Banorte SAB de CV, Cl O  | 720500 | 6387 |
| &nbsp;&nbsp;&nbsp; Qualitas Controladora SAB de CV  | 147600 | 1582 |
|  |  | 13833 |
| **Netherlands — 0.2%** | **Netherlands — 0.2%** | **Netherlands — 0.2%** |
| &nbsp;&nbsp;&nbsp; SBM Offshore NV  | 54009 | 1239 |
| **New Zealand — 0.1%** | **New Zealand — 0.1%** | **New Zealand — 0.1%** |
| &nbsp;&nbsp;&nbsp; a2 Milk Co Ltd/The  | 120912 | 648 |
| **Nigeria — 1.7%** | **Nigeria — 1.7%** | **Nigeria — 1.7%** |
| &nbsp;&nbsp;&nbsp; Guaranty Trust Holding Co PLC  | 106821640 | 4504 |
| &nbsp;&nbsp;&nbsp; SEPLAT Energy PLC  | 1968723 | 5636 |
| &nbsp;&nbsp;&nbsp; Zenith Bank PLC  | 89481036 | 2759 |
|  |  | 12899 |
| **Pakistan — 0.8%** | **Pakistan — 0.8%** | **Pakistan — 0.8%** |
| &nbsp;&nbsp;&nbsp; Air Link Communication Ltd  | 3199743 | 1773 |
| &nbsp;&nbsp;&nbsp; Bank Alfalah Ltd  | 8343333 | 2179 |
| &nbsp;&nbsp;&nbsp; Habib Bank Ltd  | 3653577 | 1987 |
|  |  | 5939 |
| **Peru — 1.7%** | **Peru — 1.7%** | **Peru — 1.7%** |
| &nbsp;&nbsp;&nbsp; Auna SA, Cl A <sup>\*</sup> | 442896 | 2834 |
| &nbsp;&nbsp;&nbsp; Credicorp Ltd  | 24106 | 5106 |
| &nbsp;&nbsp;&nbsp; Hochschild Mining PLC  | 1207865 | 4494 |
| &nbsp;&nbsp;&nbsp; Intercorp Financial Services Inc  | 22189 | 768 |
|  |  | 13202 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Philippines — 2.5%** | **Philippines — 2.5%** | **Philippines — 2.5%** |
| &nbsp;&nbsp;&nbsp; Ayala Corp  | 309759 | $3222 |
| &nbsp;&nbsp;&nbsp; Ayala Land Inc  | 5508500 | 2268 |
| &nbsp;&nbsp;&nbsp; Bloomberry Resorts Corp  | 23534000 | 1763 |
| &nbsp;&nbsp;&nbsp; Century Pacific Food Inc  | 2051000 | 1469 |
| &nbsp;&nbsp;&nbsp; GT Capital Holdings Inc  | 387410 | 3780 |
| &nbsp;&nbsp;&nbsp; OceanaGold Philippines Inc  | 13107600 | 3756 |
| &nbsp;&nbsp;&nbsp; Robinsons Land Corp  | 14277300 | 3341 |
|  |  | 19599 |
| **Poland — 0.8%** | **Poland — 0.8%** | **Poland — 0.8%** |
| &nbsp;&nbsp;&nbsp; Alior Bank SA  | 45486 | 1264 |
| &nbsp;&nbsp;&nbsp; Allegro.eu SA <sup>\*</sup> | 41453 | 381 |
| &nbsp;&nbsp;&nbsp; Budimex SA  | 3769 | 628 |
| &nbsp;&nbsp;&nbsp; DIAGNOSTYKA SA <sup>\*</sup> | 16275 | 733 |
| &nbsp;&nbsp;&nbsp; KGHM Polska Miedz SA  | 33376 | 1093 |
| &nbsp;&nbsp;&nbsp; ORLEN SA  | 33240 | 653 |
| &nbsp;&nbsp;&nbsp; Powszechny Zaklad Ubezpieczen SA  | 68199 | 1114 |
| &nbsp;&nbsp;&nbsp; Warsaw Stock Exchange  | 48282 | 665 |
|  |  | 6531 |
| **Russia — 0.0%** | **Russia — 0.0%** | **Russia — 0.0%** |
| &nbsp;&nbsp;&nbsp; LUKOIL PJSC ADR <sup>\*</sup>(A) | 68718 |  |
| &nbsp;&nbsp;&nbsp; Mobile TeleSystems PJSC ADR  | 556416 |  |
| &nbsp;&nbsp;&nbsp; Moscow Exchange MICEX-RTS PJSC <sup>\*</sup> | 945410 |  |
| &nbsp;&nbsp;&nbsp; Ozon Holdings PLC ADR <sup>\*</sup> | 30008 |  |
| &nbsp;&nbsp;&nbsp; Sberbank of Russia PJSC ADR (A) | 93380 |  |
| &nbsp;&nbsp;&nbsp; Surgutneftegas PJSC ADR <sup>\*</sup> | 416721 | – |
| **Saudi Arabia — 0.7%** | **Saudi Arabia — 0.7%** | **Saudi Arabia — 0.7%** |
| &nbsp;&nbsp;&nbsp; Al-Dawaa Medical Services Co  | 22725 | 463 |
| &nbsp;&nbsp;&nbsp; AlKhorayef Water & Power Technologies Co  | 10309 | 378 |
| &nbsp;&nbsp;&nbsp; Arab National Bank  | 77101 | 445 |
| &nbsp;&nbsp;&nbsp; Arabian Internet & Communications Services Co  | 2446 | 172 |
| &nbsp;&nbsp;&nbsp; Bupa Arabia for Cooperative Insurance Co  | 23950 | 1066 |
| &nbsp;&nbsp;&nbsp; Elm Co  | 2474 | 676 |
| &nbsp;&nbsp;&nbsp; Etihad Etisalat Co  | 24423 | 388 |
| &nbsp;&nbsp;&nbsp; Riyad Bank  | 80756 | 625 |
| &nbsp;&nbsp;&nbsp; Saudi National Bank/The  | 117337 | 1084 |
| &nbsp;&nbsp;&nbsp; United Electronics Co  | 17384 | 403 |
|  |  | 5700 |
| **Singapore — 1.0%** | **Singapore — 1.0%** | **Singapore — 1.0%** |
| &nbsp;&nbsp;&nbsp; Sea Ltd ADR <sup>\*</sup> | 45671 | 7324 |
| **Slovenia — 0.9%** | **Slovenia — 0.9%** | **Slovenia — 0.9%** |
| &nbsp;&nbsp;&nbsp; Nova Ljubljanska Banka dd GDR  | 221268 | 7083 |
| **South Africa — 3.1%** | **South Africa — 3.1%** | **South Africa — 3.1%** |
| &nbsp;&nbsp;&nbsp; Absa Group Ltd  | 329807 | 3168 |
| &nbsp;&nbsp;&nbsp; Capitec Bank Holdings Ltd  | 7406 | 1413 |
| &nbsp;&nbsp;&nbsp; Foschini Group Ltd/The  | 69991 | 521 |
| &nbsp;&nbsp;&nbsp; Gold Fields Ltd ADR  | 39503 | 909 |
| &nbsp;&nbsp;&nbsp; Growthpoint Properties Ltd <sup>‡</sup> | 618703 | 463 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Impala Platinum Holdings Ltd <sup>\*</sup> | 184775 | $| 1323 |
| &nbsp;&nbsp;&nbsp; Naspers Ltd, Cl N  | 45565 |  | 13038 |
| &nbsp;&nbsp;&nbsp; Nedbank Group Ltd  | 49707 |  | 703 |
| &nbsp;&nbsp;&nbsp; Northam Platinum Holdings Ltd  | 71703 |  | 604 |
| &nbsp;&nbsp;&nbsp; Old Mutual Ltd  | 239721 |  | 155 |
| &nbsp;&nbsp;&nbsp; OUTsurance Group Ltd  | 312929 |  | 1316 |
| &nbsp;&nbsp;&nbsp; Sasol Ltd <sup>\*</sup> | 87037 |  | 391 |
|  |  |  | 24004 |
| **South Korea — 11.6%** | **South Korea — 11.6%** | **South Korea — 11.6%** | **South Korea — 11.6%** |
| &nbsp;&nbsp;&nbsp; APR Corp/Korea <sup>\*</sup> | 11616 |  | 969 |
| &nbsp;&nbsp;&nbsp; BH Co Ltd  | 18934 |  | 167 |
| &nbsp;&nbsp;&nbsp; BNK Financial Group Inc  | 189748 |  | 1519 |
| &nbsp;&nbsp;&nbsp; Classys Inc  | 40063 |  | 1652 |
| &nbsp;&nbsp;&nbsp; Cosmax Inc  | 10743 |  | 1632 |
| &nbsp;&nbsp;&nbsp; Coupang Inc, Cl A <sup>\*</sup> | 66051 |  | 1853 |
| &nbsp;&nbsp;&nbsp; Coway Co Ltd  | 61923 |  | 3982 |
| &nbsp;&nbsp;&nbsp; DB HiTek Co Ltd  | 9531 |  | 269 |
| &nbsp;&nbsp;&nbsp; DB Insurance Co Ltd  | 6752 |  | 492 |
| &nbsp;&nbsp;&nbsp; DL E&C Co Ltd  | 19026 |  | 665 |
| &nbsp;&nbsp;&nbsp; GS Holdings Corp  | 9349 |  | 295 |
| &nbsp;&nbsp;&nbsp; Hana Financial Group Inc  | 176072 |  | 9260 |
| &nbsp;&nbsp;&nbsp; Hankook Tire & Technology Co Ltd  | 14731 |  | 411 |
| &nbsp;&nbsp;&nbsp; Hanwha Corp  | 10886 |  | 595 |
| &nbsp;&nbsp;&nbsp; HD Hyundai Marine Solution Co Ltd  | 19316 |  | 2511 |
| &nbsp;&nbsp;&nbsp; HD HYUNDAI MIPO  | 13183 |  | 1843 |
| &nbsp;&nbsp;&nbsp; HD Korea Shipbuilding & Offshore Engineering Co Ltd  | 2558 |  | 585 |
| &nbsp;&nbsp;&nbsp; Hugel Inc <sup>\*</sup> | 5826 |  | 1397 |
| &nbsp;&nbsp;&nbsp; Hyundai Engineering & Construction Co Ltd  | 27208 |  | 1257 |
| &nbsp;&nbsp;&nbsp; Hyundai Glovis Co Ltd  | 5519 |  | 453 |
| &nbsp;&nbsp;&nbsp; Hyundai Mobis Co Ltd  | 5286 |  | 969 |
| &nbsp;&nbsp;&nbsp; Hyundai Motor Co  | 6135 |  | 822 |
| &nbsp;&nbsp;&nbsp; Hyundai Rotem Co Ltd  | 55826 |  | 5909 |
| &nbsp;&nbsp;&nbsp; Kakaopay Corp <sup>\*</sup> | 17421 |  | 477 |
| &nbsp;&nbsp;&nbsp; Kangwon Land Inc  | 27667 |  | 341 |
| &nbsp;&nbsp;&nbsp; Kia Corp  | 116292 |  | 7521 |
| &nbsp;&nbsp;&nbsp; KIWOOM Securities Co Ltd  | 2884 |  | 339 |
| &nbsp;&nbsp;&nbsp; Korea Electric Power Corp  | 29687 |  | 649 |
| &nbsp;&nbsp;&nbsp; Korea Gas Corp  | 15061 |  | 450 |
| &nbsp;&nbsp;&nbsp; Korea Investment Holdings Co Ltd  | 7302 |  | 571 |
| &nbsp;&nbsp;&nbsp; Korean Air Lines Co Ltd  | 30114 |  | 491 |
| &nbsp;&nbsp;&nbsp; Krafton Inc <sup>\*</sup> | 1103 |  | 295 |
| &nbsp;&nbsp;&nbsp; KT Corp  | 18446 |  | 675 |
| &nbsp;&nbsp;&nbsp; KT Corp ADR  | 57294 |  | 1078 |
| &nbsp;&nbsp;&nbsp; KT&G Corp  | 5520 |  | 480 |
| &nbsp;&nbsp;&nbsp; LG Chem Ltd  | 8231 |  | 1174 |
| &nbsp;&nbsp;&nbsp; LG Electronics Inc  | 61023 |  | 3139 |
| &nbsp;&nbsp;&nbsp; LIG Nex1 Co Ltd  | 4930 |  | 1531 |
| &nbsp;&nbsp;&nbsp; LX INTERNATIONAL CORP  | 12379 |  | 254 |
| &nbsp;&nbsp;&nbsp; NAVER Corp  | 5333 |  | 723 |
| &nbsp;&nbsp;&nbsp; NH Investment & Securities Co Ltd  | 122534 |  | 1529 |
| &nbsp;&nbsp;&nbsp; PharmaResearch Co Ltd  | 11856 |  | 3866 |
| &nbsp;&nbsp;&nbsp; Samsung Electronics Co Ltd  | 242270 |  | 9831 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Equity Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Samsung Securities Co Ltd  | 10751 | $| 470 |
| &nbsp;&nbsp;&nbsp; Sanil Electric Co LTD  | 15386 |  | 746 |
| &nbsp;&nbsp;&nbsp; Shinhan Financial Group Co Ltd  | 50174 |  | 2099 |
| &nbsp;&nbsp;&nbsp; SK Hynix Inc  | 22633 |  | 3339 |
| &nbsp;&nbsp;&nbsp; SK Square Co Ltd <sup>\*</sup> | 73689 |  | 6095 |
| &nbsp;&nbsp;&nbsp; SK Telecom Co Ltd  | 7010 |  | 261 |
| &nbsp;&nbsp;&nbsp; Woori Financial Group Inc  | 58698 |  | 819 |
| &nbsp;&nbsp;&nbsp; Youngone Corp  | 8191 |  | 360 |
|  |  |  | 89110 |
| **Taiwan — 12.0%** | **Taiwan — 12.0%** | **Taiwan — 12.0%** | **Taiwan — 12.0%** |
| &nbsp;&nbsp;&nbsp; Accton Technology Corp  | 48000 |  | 1171 |
| &nbsp;&nbsp;&nbsp; Alltop Technology Co Ltd  | 127024 |  | 954 |
| &nbsp;&nbsp;&nbsp; Arcadyan Technology Corp  | 342285 |  | 2418 |
| &nbsp;&nbsp;&nbsp; Asia Optical Co Inc  | 68000 |  | 298 |
| &nbsp;&nbsp;&nbsp; Asia Vital Components Co Ltd  | 97686 |  | 1961 |
| &nbsp;&nbsp;&nbsp; ASPEED Technology Inc  | 10112 |  | 1310 |
| &nbsp;&nbsp;&nbsp; Asustek Computer Inc  | 31000 |  | 637 |
| &nbsp;&nbsp;&nbsp; Bizlink Holding Inc  | 82000 |  | 1722 |
| &nbsp;&nbsp;&nbsp; CTBC Financial Holding Co Ltd  | 3829000 |  | 5169 |
| &nbsp;&nbsp;&nbsp; Elan Microelectronics Corp  | 307000 |  | 1395 |
| &nbsp;&nbsp;&nbsp; Elite Material Co Ltd  | 111522 |  | 2739 |
| &nbsp;&nbsp;&nbsp; Eva Airways Corp  | 710000 |  | 959 |
| &nbsp;&nbsp;&nbsp; Evergreen Aviation Technologies Corp  | 177000 |  | 664 |
| &nbsp;&nbsp;&nbsp; Evergreen Marine Corp Taiwan Ltd  | 154800 |  | 1251 |
| &nbsp;&nbsp;&nbsp; Gold Circuit Electronics Ltd  | 273344 |  | 2326 |
| &nbsp;&nbsp;&nbsp; Hon Hai Precision Industry Co Ltd  | 278912 |  | 1420 |
| &nbsp;&nbsp;&nbsp; International Games System Co Ltd  | 21000 |  | 585 |
| &nbsp;&nbsp;&nbsp; Johnson Health Tech Co Ltd  | 215386 |  | 1054 |
| &nbsp;&nbsp;&nbsp; King Slide Works Co Ltd  | 24153 |  | 1619 |
| &nbsp;&nbsp;&nbsp; King Yuan Electronics Co Ltd  | 385000 |  | 1220 |
| &nbsp;&nbsp;&nbsp; Macronix International Co Ltd  | 1250000 |  | 884 |
| &nbsp;&nbsp;&nbsp; MediaTek Inc  | 78639 |  | 3229 |
| &nbsp;&nbsp;&nbsp; Micro-Star International Co Ltd  | 381000 |  | 1788 |
| &nbsp;&nbsp;&nbsp; Pou Chen Corp  | 379000 |  | 391 |
| &nbsp;&nbsp;&nbsp; Quanta Computer Inc  | 58000 |  | 513 |
| &nbsp;&nbsp;&nbsp; Radiant Opto-Electronics Corp  | 4000 |  | 20 |
| &nbsp;&nbsp;&nbsp; Simplo Technology Co Ltd  | 4000 |  | 50 |
| &nbsp;&nbsp;&nbsp; Sports Gear Co Ltd  | 158000 |  | 612 |
| &nbsp;&nbsp;&nbsp; Taiwan Paiho Ltd  | 274000 |  | 527 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co Ltd  | 1474000 |  | 47012 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co Ltd ADR  | 12654 |  | 2446 |
| &nbsp;&nbsp;&nbsp; Taiwan Surface Mounting Technology Corp  | 100000 |  | 361 |
| &nbsp;&nbsp;&nbsp; Universal Microwave Technology Inc  | 69000 |  | 760 |
| &nbsp;&nbsp;&nbsp; Voltronic Power Technology Corp  | 15950 |  | 711 |
| &nbsp;&nbsp;&nbsp; Wistron Corp  | 237000 |  | 903 |
| &nbsp;&nbsp;&nbsp; Wiwynn Corp  | 11000 |  | 865 |
|  |  |  | 91944 |
| **Thailand — 1.0%** | **Thailand — 1.0%** | **Thailand — 1.0%** | **Thailand — 1.0%** |
| &nbsp;&nbsp;&nbsp; Charoen Pokphand Foods PCL  | 600900 |  | 448 |
| &nbsp;&nbsp;&nbsp; Com7 PCL, Cl F  | 580800 |  | 352 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Fabrinet <sup>\*</sup> | 1140 | $| 265 |
| &nbsp;&nbsp;&nbsp; Kasikornbank PCL NVDR  | 1020500 |  | 4787 |
| &nbsp;&nbsp;&nbsp; Muangthai Capital PCL NVDR  | 543900 |  | 690 |
| &nbsp;&nbsp;&nbsp; NSL Foods PCL NVDR  | 1116400 |  | 1053 |
| &nbsp;&nbsp;&nbsp; Sansiri PCL  | 2168800 |  | 88 |
|  |  |  | 7683 |
| **Turkey — 0.6%** | **Turkey — 0.6%** | **Turkey — 0.6%** | **Turkey — 0.6%** |
| &nbsp;&nbsp;&nbsp; AG Anadolu Grubu Holding AS, Cl A  | 50349 |  | 329 |
| &nbsp;&nbsp;&nbsp; Dogus Otomotiv Servis ve Ticaret AS  | 60423 |  | 267 |
| &nbsp;&nbsp;&nbsp; Enka Insaat ve Sanayi AS  | 237274 |  | 365 |
| &nbsp;&nbsp;&nbsp; Haci Omer Sabanci Holding AS  | 974797 |  | 1921 |
| &nbsp;&nbsp;&nbsp; Migros Ticaret AS  | 11877 |  | 144 |
| &nbsp;&nbsp;&nbsp; Pegasus Hava Tasimaciligi AS <sup>\*</sup> | 46316 |  | 285 |
| &nbsp;&nbsp;&nbsp; Turk Hava Yollari AO <sup>\*</sup> | 86384 |  | 602 |
| &nbsp;&nbsp;&nbsp; Ulker Biskuvi Sanayi AS <sup>\*</sup> | 342855 |  | 923 |
|  |  |  | 4836 |
| **United Arab Emirates — 2.8%** | **United Arab Emirates — 2.8%** | **United Arab Emirates — 2.8%** | **United Arab Emirates — 2.8%** |
| &nbsp;&nbsp;&nbsp; Abu Dhabi Commercial Bank PJSC  | 149921 |  | 493 |
| &nbsp;&nbsp;&nbsp; Aldar Properties PJSC  | 335687 |  | 759 |
| &nbsp;&nbsp;&nbsp; Alef Education Holding PLC  | 8790001 |  | 2395 |
| &nbsp;&nbsp;&nbsp; Emaar Development PJSC  | 1251907 |  | 4565 |
| &nbsp;&nbsp;&nbsp; Emaar Properties PJSC  | 3024663 |  | 10831 |
| &nbsp;&nbsp;&nbsp; Emirates Telecommunications Group Co PJSC  | 64472 |  | 302 |
| &nbsp;&nbsp;&nbsp; Presight AI Holding PLC <sup>\*</sup> | 1887539 |  | 1319 |
| &nbsp;&nbsp;&nbsp; TALABAT HOLDING PLC  | 1324715 |  | 520 |
|  |  |  | 21184 |
| **United Kingdom — 0.1%** | **United Kingdom — 0.1%** | **United Kingdom — 0.1%** | **United Kingdom — 0.1%** |
| &nbsp;&nbsp;&nbsp; Anglogold Ashanti PLC  | 11634 |  | 501 |
| **United States — 0.2%** | **United States — 0.2%** | **United States — 0.2%** | **United States — 0.2%** |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp, Cl A  | 5504 |  | 446 |
| &nbsp;&nbsp;&nbsp; JBS S/A  | 182800 |  | 1279 |
|  |  |  | 1725 |
| **Vietnam — 2.3%** | **Vietnam — 2.3%** | **Vietnam — 2.3%** | **Vietnam — 2.3%** |
| &nbsp;&nbsp;&nbsp; Masan Group Corp <sup>\*</sup> | 910300 |  | 2166 |
| &nbsp;&nbsp;&nbsp; Military Commercial Joint Stock Bank  | 7378091 |  | 6897 |
| &nbsp;&nbsp;&nbsp; Vietnam Technological & Commercial Joint Stock Bank  | 3308440 |  | 3868 |
| &nbsp;&nbsp;&nbsp; Vinhomes JSC <sup>\*</sup> | 1574500 |  | 4686 |
|  |  |  | 17617 |
| **Zambia — 0.6%** | **Zambia — 0.6%** | **Zambia — 0.6%** | **Zambia — 0.6%** |
| &nbsp;&nbsp;&nbsp; First Quantum Minerals Ltd <sup>\*</sup> | 302687 |  | 4476 |
|  Total Common Stock  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $598,003) ($ Thousands) |  |  | 730587 |
| **PREFERRED STOCK — 1.5%** | **PREFERRED STOCK — 1.5%** | **PREFERRED STOCK — 1.5%** | **PREFERRED STOCK — 1.5%** |
| **Brazil — 0.2%** | **Brazil — 0.2%** | **Brazil — 0.2%** | **Brazil — 0.2%** |
| &nbsp;&nbsp;&nbsp; Bradespar SA (B) | 199300 |  | 545 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **PREFERRED STOCK (continued)** | **PREFERRED STOCK (continued)** | **PREFERRED STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Marcopolo SA (B) | 807500 | $1022 |
|  |  | 1567 |
| **Colombia — 0.1%** | **Colombia — 0.1%** | **Colombia — 0.1%** |
| &nbsp;&nbsp;&nbsp; Banco Davivienda SA <sup>\*</sup>(B) | 215784 | 1187 |
| **South Korea — 1.2%** | **South Korea — 1.2%** | **South Korea — 1.2%** |
| &nbsp;&nbsp;&nbsp; Hyundai Motor Co (B) | 32970 | 3526 |
| &nbsp;&nbsp;&nbsp; LG Chem Ltd (B) | 5906 | 418 |
| &nbsp;&nbsp;&nbsp; LG Electronics Inc (B) | 25035 | 661 |
| &nbsp;&nbsp;&nbsp; Samsung Electronics Co Ltd (B) | 139708 | 4656 |
|  |  | 9261 |
|  Total Preferred Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $16,372) ($ Thousands) |  | 12015 |
| **CASH EQUIVALENT — 1.4%** | **CASH EQUIVALENT — 1.4%** | **CASH EQUIVALENT — 1.4%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 10577088 | 10577 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $10,577) ($ Thousands) |  | 10577 |
| Total Investments in Securities — 98.1% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $624,952) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $624,952) ($ Thousands)  | $753179 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Depreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; MSCI Emerging Markets | 180 | Jun-2025 | $10530 | $10344 | $(186) |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $767,426 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (A) | Level 3 security in accordance with fair value hierarchy. |
| (B) | No interest rate available. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)<sup>(1)</sup>** |  | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 125272 | 605315 |  | ^ | 730587 |
| &nbsp;&nbsp;&nbsp; Preferred Stock | 12015 |  |  |  | 12015 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 10577 | – |  |  | 10577 |
|  Total Investments in Securities | 147864 | 605315 |  |  | 753179 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (186) |  |  | (186) |
| Total Other Financial Instruments | (186) |  |  | (186) |

---

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

(1) A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the end of the period in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

^This category includes securities with a value of $—.

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Equity Fund** (Concluded)

The following is a summary of Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description**  | **Value <br> 5/31/2024** | **Purchases at<br> Cost**  | **Proceeds from Sales**  | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)**  | **Value<br> 5/31/2025** | **Income**  | **Capital<br> Gains** |
|  SEI Daily Income Trust, Government Fund, Institution Class | $7016 | $150750 | $(147189) | $— | $— | $10577 | $603 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS — 31.9%** | **LOAN PARTICIPATIONS — 31.9%** | **LOAN PARTICIPATIONS — 31.9%** |
| **Aerospace & Defense — 0.5%** | **Aerospace & Defense — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Cobham Ultra SeniorCo SARL, Facility B (USD), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.427%, CME Term SOFR + 3.750%, 08/03/2029 (A) | $748 | $740 |
| &nbsp;&nbsp;&nbsp; Kaman Corporation, Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.030%, CME Term SOFR + 2.750%, 02/26/2032 (A) | 224 | 222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.025%, 02/26/2032  | 224 | 223 |
| &nbsp;&nbsp;&nbsp; TransDigm Inc., New Tranche J Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.799%, CME Term SOFR + 2.500%, 02/28/2031 (A) | 179 | 179 |
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Tranche K Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.049%, CME Term SOFR + 2.750%, 03/22/2030 (A) | 518 | 519 |
|  |  | 1883 |
| **Air Transport — 0.2%** | **Air Transport — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; AAdvantage Loyality IP Ltd. (American Airlines, Inc.), 2025 Replacement Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.522%, CME Term SOFR + 2.250%, 04/20/2028 (A) | 775 | 766 |
| **Automotive — 1.0%** | **Automotive — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; American Auto Auction Group, LLC, 2024 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.799%, 12/30/2027  | 318 | 317 |
| &nbsp;&nbsp;&nbsp; Autokiniton US Holdings, Inc., 2024 Replacement Term B Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.441%, 04/06/2028  | 244 | 235 |
| &nbsp;&nbsp;&nbsp; Belron Finance 2019 LLC, 2031 Dollar Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.049%, CME Term SOFR + 2.750%, 10/16/2031 (A) | 608 | 610 |
| &nbsp;&nbsp;&nbsp; Clarios Global LP, Amendment No. 5 Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, CME Term SOFR + 2.500%, 05/06/2030 (A) | 896 | 890 |
| &nbsp;&nbsp;&nbsp; LS Group Opco Acquisition LLC (LS Group PropCo Acquisition LLC), Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.833%, CME Term SOFR + 2.500%, 04/23/2031 (A) | 869 | 863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.833%, CME Term SOFR + 2.500%, 04/23/2031 (A) | 102 | 101 |
| &nbsp;&nbsp;&nbsp; RealTruck Group, Inc., Second Amendment Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.441%, CME Term SOFR + 5.000%, 01/31/2028 (A) | 115 | 111 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Wand Newco 3, Inc., Tranche B-2 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, CME Term SOFR + 2.750%, 01/30/2031 (A) | $| 837 | $829 |
|  |  |  | 3956 |
| **Broadcasting and Entertainment — 0.1%** | **Broadcasting and Entertainment — 0.1%** | **Broadcasting and Entertainment — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Telenet Financing USD LLC, Term Loan AR Facility, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.443%, 04/30/2028 (A)(B) |  | 375 | 366 |
| **Building & Development — 1.0%** | **Building & Development — 1.0%** | **Building & Development — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; ArchKey Holdings Inc., TLB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.033%, 11/01/2031  |  | 466 | 467 |
| &nbsp;&nbsp;&nbsp; Artera Services, LLC, Tranche C Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.799%, CME Term SOFR + 4.500%, 02/15/2031 (A) |  | 432 | 375 |
| &nbsp;&nbsp;&nbsp; CP Atlas Buyer, Inc., Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.177%, CME Term SOFR + 3.750%, 11/23/2027 (A) |  | 251 | 238 |
| &nbsp;&nbsp;&nbsp; Forest City Enterprises, L.P., Replacement Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.941%, CME Term SOFR + 3.500%, 12/08/2025 (A) |  | 833 | 806 |
| &nbsp;&nbsp;&nbsp; Gulfside Supply, Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.299%, CME Term SOFR + 3.000%, 06/17/2031 (A) |  | 275 | 275 |
| &nbsp;&nbsp;&nbsp; Kodiak BP, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.035%, CME Term SOFR + 3.750%, 12/04/2031 (A) |  | 376 | 356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.035%, CME Term SOFR + 3.750%, 12/04/2031 (A) |  | 1 | 1 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings, Inc., Tranche B-3 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 02/10/2032 (A) |  | 505 | 502 |
| &nbsp;&nbsp;&nbsp; Specialty Building Products Holdings, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.177%, CME Term SOFR + 3.750%, 10/15/2028 (A) |  | 155 | 145 |
| &nbsp;&nbsp;&nbsp; Wrench Group LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.561%, CME Term SOFR + 4.000%, 10/30/2028 (A) |  | 730 | 718 |
|  |  |  | 3883 |
| **Business Equipment & Services — 5.6%** | **Business Equipment & Services — 5.6%** | **Business Equipment & Services — 5.6%** |  |
| &nbsp;&nbsp;&nbsp; Access CIG, LLC, 2023 Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.381%, CME Term SOFR + 4.250%, 08/18/2028 (A) |  | 1154 | 1155 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; AlixPartners LLP, Initial Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.941%, 02/04/2028  | $966 | $967 |
| &nbsp;&nbsp;&nbsp; AmSpec Parent, LLC, Closing Date Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.549%, CME Term SOFR + 4.250%, 12/22/2031 (A)(B)(C) | 260 | 261 |
| &nbsp;&nbsp;&nbsp; AmSpec Parent, LLC, Delayed Draw Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.000%, 12/22/2031 (B)(C) | 40 | 40 |
| &nbsp;&nbsp;&nbsp; Apple Bidco, LLC, Amendment No. 5 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, CME Term SOFR + 2.500%, 09/23/2031 (A) | 379 | 377 |
| &nbsp;&nbsp;&nbsp; Ascensus Group Holdings, Inc., Amendment No.4 Replacement Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 08/02/2028 (A)(B) | 793 | 790 |
| &nbsp;&nbsp;&nbsp; Asplundh Tree Expert, LLC, 2024 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.077%, CME Term SOFR + 1.750%, 05/23/2031 (A) | 471 | 472 |
| &nbsp;&nbsp;&nbsp; Bach Finance Limited, Eleventh Amendment Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.583%, CME Term SOFR + 3.250%, 01/09/2032 (A) | 601 | 602 |
| &nbsp;&nbsp;&nbsp; Boost Newco Borrower, LLC, USD Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.299%, CME Term SOFR + 2.000%, 01/31/2031 (A) | 554 | 554 |
| &nbsp;&nbsp;&nbsp; BW Holding, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.483%, CME Term SOFR + 4.000%, 12/14/2028 (A) | 775 | 543 |
| &nbsp;&nbsp;&nbsp; Chart Industries, Amendment No. 7 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.788%, 03/15/2030  | 435 | 436 |
| &nbsp;&nbsp;&nbsp; Corporation Service Company, Initial Tranche B USD Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.327%, CME Term SOFR + 2.000%, 11/02/2029 (A) | 221 | 221 |
| &nbsp;&nbsp;&nbsp; Cotiviti, Inc., Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.074%, CME Term SOFR + 2.750%, 03/26/2032 (A) | 322 | 319 |
| &nbsp;&nbsp;&nbsp; DTI Holdco, Inc., 2025 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.327%, CME Term SOFR + 4.000%, 04/26/2029 (A)(B) | 190 | 190 |
| &nbsp;&nbsp;&nbsp; Ensono, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.441%, CME Term SOFR + 4.000%, 05/26/2028 (A) | 1050 | 1047 |
| &nbsp;&nbsp;&nbsp; Examworks Bidco Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, CME Term SOFR + 2.750%, 11/01/2028 (A) | 1379 | 1380 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Grant Thornton Advisors LLC, 2025 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, CME Term SOFR + 2.750%, 06/02/2031 (A) | $1037 | $1032 |
| &nbsp;&nbsp;&nbsp; Leia Finco US LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.458%, CME Term SOFR + 3.250%, 10/09/2031 (A) | 800 | 799 |
| &nbsp;&nbsp;&nbsp; Lernen Bidco Limited, Facility B2 (USD), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.290%, SOFR + 4.000%, 10/27/2031 (A) | 349 | 350 |
| &nbsp;&nbsp;&nbsp; Medline Borrower, LP, Third Amendment Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 10/23/2028 (A) | 880 | 879 |
| &nbsp;&nbsp;&nbsp; Mermaid Bidco Inc., Facility B (USD) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.510%, CME Term SOFR + 3.250%, 07/03/2031 (A) | 270 | 270 |
| &nbsp;&nbsp;&nbsp; OMNIA Partners, LLC , Initial Term Loan (2024), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.033%, CME Term SOFR + 2.750%, 07/25/2030 (A) | 209 | 209 |
| &nbsp;&nbsp;&nbsp; Orbit Private Holdings I Ltd, 2025 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.035%, CME Term SOFR + 3.750%, 12/11/2028 (A)(B)(C) | 172 | 173 |
| &nbsp;&nbsp;&nbsp; Osmosis Buyer Limited, 2025 Refinancing Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.323%, CME Term SOFR + 3.000%, 07/31/2028 (A) | 1238 | 1230 |
| &nbsp;&nbsp;&nbsp; Project Castle Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.716%, CME Term SOFR + 5.500%, 06/01/2029 (A) | 36 | 30 |
| &nbsp;&nbsp;&nbsp; Project Castle, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.716%, CME Term SOFR + 5.500%, 06/01/2029 (A) | 767 | 640 |
| &nbsp;&nbsp;&nbsp; Sedgwick Claims Management Services, Inc. (Lightning Cayman Merger Sub, Ltd.), 2024 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 07/31/2031 (A) | 1140 | 1141 |
| &nbsp;&nbsp;&nbsp; Service Logic Acquisition, Inc., Amendment No. 8 Refinancing Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.280%, CME Term SOFR + 3.000%, 10/29/2027 (A)(C) | 1164 | 1162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.280%, CME Term SOFR + 3.000%, 10/29/2027 (A)(C) | 3 | 3 |
| &nbsp;&nbsp;&nbsp; Sharp Services, LLC, Tranche D Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.549%, CME Term SOFR + 3.250%, 12/31/2028 (A) | 1004 | 1006 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Tempo Acquisition, LLC, Seventh Incremental Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.077%, CME Term SOFR + 1.750%, 08/31/2028 (A) | $| 464 | $461 |
| &nbsp;&nbsp;&nbsp; Trans Union LLC, 2024 Refinancing Term B-9 Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.072%, 06/24/2031  |  | 1147 | 1146 |
| &nbsp;&nbsp;&nbsp; United Talent Agency, LLC, 2024 Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.075%, CME Term SOFR + 3.750%, 07/07/2028 (A)(C) |  | 1059 | 1059 |
| &nbsp;&nbsp;&nbsp; University Support Services LLC, 2021 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.063%, 02/10/2029  |  | 407 | 401 |
| &nbsp;&nbsp;&nbsp; VeriFone Systems, Inc., 2025-1 Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.211%, 08/18/2028  |  | 532 | 484 |
| &nbsp;&nbsp;&nbsp; Waystar Technologies, Inc., New Term Loan Facility, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 10/22/2029 (A) |  | 581 | 581 |
| &nbsp;&nbsp;&nbsp; WEX Inc., Term B-2 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.077%, CME Term SOFR + 1.750%, 03/31/2028 (A)(B) |  | 187 | 187 |
|  |  |  | 22597 |
| **Cable & Satellite Television — 1.1%** | **Cable & Satellite Television — 1.1%** | **Cable & Satellite Television — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Creative Artists Agency, LLC, 2024 Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, CME Term SOFR + 2.750%, 10/01/2031 (A) |  | 929 | 929 |
| &nbsp;&nbsp;&nbsp; E.W. Scripps Company, The, Tranche B-2 Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.197%, 06/30/2028  |  | 353 | 336 |
| &nbsp;&nbsp;&nbsp; Endeavor Group Holdings, Inc., Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 03/24/2032 (A)(B) |  | 630 | 628 |
| &nbsp;&nbsp;&nbsp; Gray Television Inc., Term D Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.439%, 12/01/2028  |  | 80 | 77 |
| &nbsp;&nbsp;&nbsp; Gray Television, Inc., Term F Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.574%, CME Term SOFR + 5.250%, 06/04/2029 (A) |  | 258 | 257 |
| &nbsp;&nbsp;&nbsp; NEP Group, Inc., Extended Initial Dollar Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.344%, CME Term SOFR + 4.750%, 08/19/2026 (A) |  | 1233 | 1115 |
| &nbsp;&nbsp;&nbsp; Virgin Media Bristol LLC, Facility Y, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.373%, CME Term SOFR + 3.175%, 03/31/2031 (A) |  | 350 | 344 |
| &nbsp;&nbsp;&nbsp; Virgin Media Bristol LLC, N Facility, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.943%, CME Term SOFR + 2.500%, 01/31/2028 (A) |  | 646 | 635 |
|  |  |  | 4321 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| **Chemicals & Plastics — 0.9%** | **Chemicals & Plastics — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Aruba Investments Holdings, LLC, Initial Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.427%, CME Term SOFR + 4.000%, 11/24/2027 (A) | $49 | $48 |
| &nbsp;&nbsp;&nbsp; Aruba Investments Holdings, LLC, Initial Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.177%, CME Term SOFR + 7.750%, 11/24/2028 (A) | 74 | 69 |
| &nbsp;&nbsp;&nbsp; Flexsys Cayman Holdings, LP, First Out Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 08/01/2029 (B)(C)(D) | 406 | 405 |
| &nbsp;&nbsp;&nbsp; Flexsys Holdings, Inc., Initial Term Loan Retired 05/28/2025, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.811%, CME Term SOFR + 5.250%, 11/01/2028 (A) | 564 | 289 |
| &nbsp;&nbsp;&nbsp; Herens Holdco SARL, Facility B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.324%, 07/03/2028 (A)(B) | 525 | 498 |
| &nbsp;&nbsp;&nbsp; LTI Holdings, Inc., 2024 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.577%, CME Term SOFR + 4.250%, 07/19/2029 (A) | 519 | 516 |
| &nbsp;&nbsp;&nbsp; SCIH Salt Holdings Inc., Incremental Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.280%, CME Term SOFR + 3.000%, 01/31/2029 (A)(B) | 998 | 994 |
| &nbsp;&nbsp;&nbsp; USALCO, LLC, Delayed Draw Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.000%, 09/30/2031 (B) | 33 | 33 |
| &nbsp;&nbsp;&nbsp; USALCO, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.299%, CME Term SOFR + 4.000%, 09/30/2031 (A)(B) | 317 | 318 |
| &nbsp;&nbsp;&nbsp; Wilsonart LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.549%, CME Term SOFR + 4.250%, 08/05/2031 (A) | 366 | 353 |
|  |  | 3523 |
| **Conglomerates — 0.3%** | **Conglomerates — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Ensemble RCM, LLC, Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.280%, CME Term SOFR + 3.000%, 08/01/2029 (A) | 1085 | 1086 |
| **Containers & Glass Products — 0.9%** | **Containers & Glass Products — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Anchor Packaging, LLC, Amendment No.5 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.575%, CME Term SOFR + 3.250%, 07/18/2029 (A) | 497 | 499 |
| &nbsp;&nbsp;&nbsp; Charter Next Generation, Inc. , 2024 Replacement Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.093%, CME Term SOFR + 3.000%, 11/29/2030 (A) | 636 | 637 |
| &nbsp;&nbsp;&nbsp; Pregis TopCo LLC, Tenth Amendment Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.327%, CME Term SOFR + 4.000%, 02/01/2029 (A) | 1178 | 1179 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Pretium PKG Holdings, Inc., Initial Third Amendment Tranche A-1 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.860%, CME Term SOFR + 3.899%, 10/02/2028 (A) | $| 484 | $253 |
| &nbsp;&nbsp;&nbsp; Ranpak Corp., Initial Dutch Borrower Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.799%, 12/19/2031  |  | 121 | 120 |
| &nbsp;&nbsp;&nbsp; Ranpak Corp., Initial U.S. Borrower Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.799%, 12/19/2031  |  | 189 | 188 |
| &nbsp;&nbsp;&nbsp; Trident TPI Holdings, Inc., Tranche B-7 Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.049%, CME Term SOFR + 3.750%, 09/15/2028 (A) |  | 736 | 711 |
|  |  |  | 3587 |
| **Ecological Services & Equipment — 0.4%** | **Ecological Services & Equipment — 0.4%** | **Ecological Services & Equipment — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Enstall Group B.V., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.561%, CME Term SOFR + 5.000%, 08/30/2028 (A)(C) |  | 170 | 125 |
| &nbsp;&nbsp;&nbsp; GFL Environmental Services Inc., Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.819%, CME Term SOFR + 2.500%, 03/03/2032 (A) |  | 534 | 532 |
| &nbsp;&nbsp;&nbsp; Pasadena Performance Products, LLC, Term B Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.752%, 02/27/2032  |  | 505 | 504 |
| &nbsp;&nbsp;&nbsp; WIN Waste Innovations Holdings Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.191%, CME Term SOFR + 2.750%, 03/24/2028 (A) |  | 489 | 484 |
|  |  |  | 1645 |
| **Electronics/Electrical — 4.9%** | **Electronics/Electrical — 4.9%** | **Electronics/Electrical — 4.9%** |  |
| &nbsp;&nbsp;&nbsp; Applied Systems, Inc., Tranche B-1 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.049%, CME Term SOFR + 2.750%, 02/24/2031 (A) |  | 862 | 865 |
| &nbsp;&nbsp;&nbsp; athenahealth Group Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 02/15/2029 (A) |  | 519 | 517 |
| &nbsp;&nbsp;&nbsp; Bending Spoons US Inc., Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.536%, CME Term SOFR + 5.250%, 03/07/2031 (A) |  | 685 | 685 |
| &nbsp;&nbsp;&nbsp; Central Parent LLC, 2024 Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.549%, CME Term SOFR + 3.250%, 07/06/2029 (A) |  | 541 | 481 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc., Seventh Amendment Tranche B-1 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.799%, CME Term SOFR + 3.500%, 03/29/2029 (A) |  | 839 | 837 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc., Sixth Amendment Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.049%, CME Term SOFR + 3.750%, 03/21/2031 (A) | $343 | $342 |
| &nbsp;&nbsp;&nbsp; ConnectWise, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.061%, CME Term SOFR + 3.500%, 09/29/2028 (A) | 605 | 606 |
| &nbsp;&nbsp;&nbsp; Conservice Midco, LLC, Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, 05/13/2030  | 399 | 399 |
| &nbsp;&nbsp;&nbsp; Databricks, Inc., Initial Closing Date Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.829%, 01/03/2031 (C) | 332 | 334 |
| &nbsp;&nbsp;&nbsp; Delta Topco, Inc., Second Amendment Refinancing Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.569%, CME Term SOFR + 5.250%, 11/29/2030 (A) | 277 | 276 |
| &nbsp;&nbsp;&nbsp; Ellucian Holdings Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 10/09/2029 (A) | 619 | 619 |
| &nbsp;&nbsp;&nbsp; Ellucian Holdings Inc., Initial Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.077%, CME Term SOFR + 4.750%, 11/22/2032 (A) | 301 | 304 |
| &nbsp;&nbsp;&nbsp; Epicor Software Corporation, Term F Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, CME Term SOFR + 2.750%, 05/30/2031 (A) | 931 | 933 |
| &nbsp;&nbsp;&nbsp; Evercommerce Solutions Inc., Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, 07/06/2028 (A)(B) | 335 | 335 |
| &nbsp;&nbsp;&nbsp; Idemia Group S.A.S, Facility B5 (USD) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.549%, 09/30/2028  | 494 | 494 |
| &nbsp;&nbsp;&nbsp; Idemia Group S.A.S. Facility B5 (USD) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.549%, 09/30/2028  | 76 | 76 |
| &nbsp;&nbsp;&nbsp; Imprivata, Inc., 2024 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.780%, CME Term SOFR + 3.500%, 12/01/2027 (A) | 605 | 606 |
| &nbsp;&nbsp;&nbsp; Informatica LLC, Term B Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, 10/27/2028  | 210 | 211 |
| &nbsp;&nbsp;&nbsp; Inmar, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.299%, CME Term SOFR + 5.000%, 10/30/2031 (A) | 139 | 140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 5.000%, 10/30/2031 (A) | 171 | 171 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc., Term B-3 Refinancing Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.577%, CME Term SOFR + 4.250%, 03/27/2032 (A) | 280 | 281 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; McAfee Corp., Second Amendment Tranche B-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.329%, CME Term SOFR + 3.000%, 03/01/2029 (A) | $279 | $268 |
| &nbsp;&nbsp;&nbsp; MH Sub I, LLC (Micro Holding Corp.), 2023 May Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.572%, CME Term SOFR + 4.250%, 05/03/2028 (A)(B) | 163 | 156 |
| &nbsp;&nbsp;&nbsp; MH Sub I, LLC (Micro Holding Corp.), 2024 December New Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.577%, CME Term SOFR + 4.250%, 12/31/2031 (A)(B) | 237 | 216 |
| &nbsp;&nbsp;&nbsp; Mitnick Corporate Purchaser, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.880%, CME Term SOFR + 4.500%, 05/02/2029 (A) | 329 | 219 |
| &nbsp;&nbsp;&nbsp; Motus Group, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.049%, CME Term SOFR + 3.750%, 12/11/2028 (A)(B) | 881 | 877 |
| &nbsp;&nbsp;&nbsp; Planview Parent, Inc., 2024-B Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.799%, CME Term SOFR + 3.500%, 12/17/2027 (A) | 997 | 942 |
| &nbsp;&nbsp;&nbsp; PointClickCare Technologies Inc., 2024-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.549%, CME Term SOFR + 3.250%, 11/03/2031 (A) | 847 | 848 |
| &nbsp;&nbsp;&nbsp; Polaris Newco LLC, Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.291%, CME Term SOFR + 4.000%, 06/02/2028 (A) | 216 | 209 |
| &nbsp;&nbsp;&nbsp; Project Alpha Intermediate Holding, Inc., Second Amendment Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.549%, CME Term SOFR + 3.250%, 10/26/2030 (A) | 305 | 305 |
| &nbsp;&nbsp;&nbsp; Project Boost Purchaser, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.299%, CME Term SOFR + 3.000%, 07/16/2031 (A) | 787 | 786 |
| &nbsp;&nbsp;&nbsp; Project Ruby Ultimate Parent Corp., Incremental Term B-4 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.441%, CME Term SOFR + 3.000%, 03/10/2028 (A) | 723 | 724 |
| &nbsp;&nbsp;&nbsp; Proofpoint, Inc., 2024 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 08/31/2028 (A) | 1072 | 1071 |
| &nbsp;&nbsp;&nbsp; Pushpay USA Inc., Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.299%, 08/15/2031 (C) | 291 | 290 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Quartz Holding Company, Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.577%, CME Term SOFR + 3.500%, 10/02/2028 (A)(C) | $| 597 | $592 |
| &nbsp;&nbsp;&nbsp; Quest Software US Holdings Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.680%, CME Term SOFR + 4.250%, 02/01/2029 (A) |  | 1014 | 518 |
| &nbsp;&nbsp;&nbsp; Rocket Software, Inc., Extended Dollar Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.577%, CME Term SOFR + 4.250%, 11/28/2028 (A) |  | 147 | 147 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings, Inc., Term B-8 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.327%, CME Term SOFR + 2.000%, 05/09/2031 (A) |  | 938 | 941 |
| &nbsp;&nbsp;&nbsp; Zelis Cost Management Buyer, Inc., Term B-2 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, CME Term SOFR + 2.750%, 09/28/2029 (A) |  | 899 | 891 |
| &nbsp;&nbsp;&nbsp; Zodiac Purchaser, LLC, Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.827%, CME Term SOFR + 3.500%, 02/14/2032 (A)(B) |  | 342 | 341 |
|  |  |  | 19853 |
| **Financial Intermediaries — 2.8%** | **Financial Intermediaries — 2.8%** | **Financial Intermediaries — 2.8%** |  |
| &nbsp;&nbsp;&nbsp; AssuredPartners, Inc, 2024 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.827%, CME Term SOFR + 3.500%, 02/14/2031 (A)(B) |  | 1095 | 1096 |
| &nbsp;&nbsp;&nbsp; BCP Renaissance Parent L.L.C., Initial Term B-6 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.299%, CME Term SOFR + 3.000%, 10/31/2028 (A) |  | 289 | 289 |
| &nbsp;&nbsp;&nbsp; Brown Group Holding LLC, Incremental Term B-2 Facility, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.343%, CME Term SOFR + 3.750%, 07/02/2029 (A) |  | 30 | 30 |
| &nbsp;&nbsp;&nbsp; Brown Group Holding, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, CME Term SOFR + 2.500%, 07/01/2031 (A) |  | 127 | 126 |
| &nbsp;&nbsp;&nbsp; Cogentrix Finance Holdco I, LLC, Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, CME Term SOFR + 2.750%, 02/26/2032 (A) |  | 400 | 401 |
| &nbsp;&nbsp;&nbsp; Cornerstone Generation, LLC, Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/28/2031 (A)(B)(D) |  | 379 | 381 |
| &nbsp;&nbsp;&nbsp; CPI Holdco B, LLC, First Amendment Incremental Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 05/17/2031 (A) |  | 460 | 459 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; CPPIB OVM Member U.S. LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.049%, CME Term SOFR + 2.750%, 08/20/2031 (A)(B) | $500 | $497 |
| &nbsp;&nbsp;&nbsp; Edelman Financial Engines Center, LLC, The, 2024 Refinancing Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.577%, CME Term SOFR + 5.250%, 10/06/2028 (A) | 484 | 482 |
| &nbsp;&nbsp;&nbsp; Edelman Financial Engines Center, LLC, The, 2024-2 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 04/07/2028 (A) | 261 | 260 |
| &nbsp;&nbsp;&nbsp; Focus Financial Partners, LLC, Tranche B Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, CME Term SOFR + 2.750%, 09/15/2031 (A)(B) | 549 | 545 |
| &nbsp;&nbsp;&nbsp; Goat Holdco, LLC, Term Loan B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.329%, 01/27/2032  | 750 | 747 |
| &nbsp;&nbsp;&nbsp; HighTower Holding, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.260%, CME Term SOFR + 3.000%, 02/03/2032 (A)(C) | 738 | 736 |
| &nbsp;&nbsp;&nbsp; Horizon Midco 2 Limited, Term B Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.030%, CME Term SOFR + 4.250%, 10/31/2031 (A)(B) | 72 | 67 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.027%, CME Term SOFR + 4.250%, 10/31/2031 (A)(B) | 150 | 139 |
| &nbsp;&nbsp;&nbsp; Icon Parent I Inc., Initial Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.205%, CME Term SOFR + 5.000%, 11/12/2032 (A) | 150 | 150 |
| &nbsp;&nbsp;&nbsp; Madison IAQ LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.762%, CME Term SOFR + 2.500%, 06/21/2028 (A) | 700 | 699 |
| &nbsp;&nbsp;&nbsp; Modena Buyer LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.780%, CME Term SOFR + 4.500%, 07/01/2031 (A) | 525 | 509 |
| &nbsp;&nbsp;&nbsp; Opal Bidco SAS, Facility B2, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.435%, CME Term SOFR + 3.250%, 04/28/2032 (A)(B) | 796 | 796 |
| &nbsp;&nbsp;&nbsp; PEX Holdings LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.967%, CME Term SOFR + 2.750%, 11/26/2031 (A) | 250 | 249 |
| &nbsp;&nbsp;&nbsp; Quirch Foods Holdings, LLC, 2022-1 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.574%, CME Term SOFR + 5.000%, 10/27/2027 (A) | 737 | 688 |
| &nbsp;&nbsp;&nbsp; Raven Acquisition Holdings, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.577%, CME Term SOFR + 3.250%, 11/19/2031 (A) | 327 | 326 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Rohm Holding GmbH, Facility B (USD), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.665%, CME Term SOFR + 5.000%, 07/31/2026 (A)(C) | $| 195 | $193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.665%, CME Term SOFR + 5.000%, 07/31/2026 (A)(C) |  | 219 | 217 |
| &nbsp;&nbsp;&nbsp; Spring Education Group, Inc., Initial Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.299%, CME Term SOFR + 4.500%, 10/04/2030 (A) |  | 672 | 674 |
| &nbsp;&nbsp;&nbsp; Victory Buyer LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.191%, CME Term SOFR + 3.750%, 11/19/2028 (A) |  | 779 | 767 |
|  |  |  | 11523 |
| **Food Service — 1.2%** | **Food Service — 1.2%** | **Food Service — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; 8th Avenue Food & Provisions, Inc., 2021 Incremental Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.191%, 10/01/2025 (A) |  | 822 | 796 |
| &nbsp;&nbsp;&nbsp; 8th Avenue Food & Provisions, Inc., Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.191%, CME Term SOFR + 3.750%, 10/01/2025 (A)(B) |  | 65 | 63 |
| &nbsp;&nbsp;&nbsp; Aramark Intermediate HoldCo Corporation, U.S. Term B-8 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.327%, CME Term SOFR + 2.000%, 06/22/2030 (A) |  | 892 | 892 |
| &nbsp;&nbsp;&nbsp; Chobani, LLC, 2025 New Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, CME Term SOFR + 2.500%, 10/25/2027 (A)(B) |  | 909 | 911 |
| &nbsp;&nbsp;&nbsp; Froneri International Limited, Facility B4, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.237%, CME Term SOFR + 2.000%, 09/30/2031 (A) |  | 319 | 318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.237%, CME Term SOFR + 2.000%, 09/30/2031 (A) |  | 410 | 409 |
| &nbsp;&nbsp;&nbsp; Golden State Foods LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.593%, CME Term SOFR + 4.250%, 12/04/2031 (A) |  | 384 | 386 |
| &nbsp;&nbsp;&nbsp; IRB Holding Corp., 2024 Second Replacement Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, CME Term SOFR + 2.500%, 12/15/2027 (A) |  | 947 | 945 |
| &nbsp;&nbsp;&nbsp; Red SPV, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.575%, CME Term SOFR + 2.250%, 03/15/2032 (A)(C) |  | 335 | 335 |
|  |  |  | 5055 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| **Food/Drug Retailers — 0.1%** | **Food/Drug Retailers — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Eagle Parent Corp., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.549%, CME Term SOFR + 4.250%, 04/02/2029 (A)(B) | $633 | $615 |
|  |  | 615 |
| **Health Care — 3.2%** | **Health Care — 3.2%** |  |
| &nbsp;&nbsp;&nbsp; 1261229 B.C. Ltd., Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.587%, CME Term SOFR + 6.250%, 10/08/2030 (A) | 320 | 303 |
| &nbsp;&nbsp;&nbsp; Barentz Midco B.V., Term Loan B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.649%, CME Term SOFR + 3.250%, 03/03/2031 (A) | 605 | 603 |
| &nbsp;&nbsp;&nbsp; Bausch + Lomb Corp., First Incremental Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.327%, CME Term SOFR + 4.000%, 09/29/2028 (A) | 310 | 309 |
| &nbsp;&nbsp;&nbsp; Bausch + Lomb Corp., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.679%, 05/10/2027 (A) | 608 | 606 |
| &nbsp;&nbsp;&nbsp; Bracket Intermediate Holding Corp., 2024 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.549%, CME Term SOFR + 4.250%, 05/08/2028 (A) | 1269 | 1270 |
| &nbsp;&nbsp;&nbsp; Charlotte Buyer, Inc., Second Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.583%, CME Term SOFR + 4.250%, 02/11/2028 (A) | 419 | 419 |
| &nbsp;&nbsp;&nbsp; CNT Holdings I Corp, 2025 Replacement Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.780%, CME Term SOFR + 2.500%, 11/08/2032 (A) | 790 | 789 |
| &nbsp;&nbsp;&nbsp; Concentra Health Services, Inc., Tranche B-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.327%, CME Term SOFR + 2.000%, 07/26/2031 (A)(C) | 65 | 65 |
| &nbsp;&nbsp;&nbsp; Confluent Medical Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.549%, CME Term SOFR + 5.250%, 02/16/2029 (A) | 921 | 920 |
| &nbsp;&nbsp;&nbsp; Fortrea Holdings Inc., Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.077%, CME Term SOFR + 3.750%, 07/01/2030 (A) | 81 | 71 |
| &nbsp;&nbsp;&nbsp; Gainwell Acquisition Corp., Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.399%, CME Term SOFR + 4.000%, 10/01/2027 (A) | 139 | 133 |
| &nbsp;&nbsp;&nbsp; Gainwell Acquisition Corp., Term B Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.385%, CME Term SOFR + 8.000%, 10/02/2028 (A)(C) | 265 | 217 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Global Medical Response, Inc., 2024 Extended Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.829%, CME Term SOFR + 4.750%, 10/31/2028 (A) | $1179 | $1180 |
| &nbsp;&nbsp;&nbsp; Grifols Worldwide Operations Limited, Dollar Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.483%, CME Term SOFR + 2.000%, 11/15/2027 (A) | 204 | 203 |
| &nbsp;&nbsp;&nbsp; ICU Medical, Inc., Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.949%, CME Term SOFR + 2.500%, 01/08/2029 (A) | 533 | 532 |
| &nbsp;&nbsp;&nbsp; Mamba Purchaser, Inc., Refinanced Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, 10/16/2028  | 944 | 942 |
| &nbsp;&nbsp;&nbsp; Maravai Intermediate Holdings, LLC, Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.270%, CME Term SOFR + 3.000%, 10/19/2027 (A) | 576 | 554 |
| &nbsp;&nbsp;&nbsp; Option Care Health, Inc., 2021 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 10/27/2028 (A) | 927 | 931 |
| &nbsp;&nbsp;&nbsp; Parexel International, Inc., Sixth Amendment Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, CME Term SOFR + 2.500%, 11/15/2028 (A)(B) | 544 | 544 |
| &nbsp;&nbsp;&nbsp; Radnet Management, Inc., 2024 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.580%, CME Term SOFR + 2.250%, 04/18/2031 (A) | 635 | 635 |
| &nbsp;&nbsp;&nbsp; Select Medical Corporation, Tranche B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.327%, CME Term SOFR + 2.000%, 12/03/2031 (A) | 46 | 46 |
| &nbsp;&nbsp;&nbsp; Surgery Center Holdings, Inc., 2024 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.079%, CME Term SOFR + 2.750%, 12/19/2030 (A) | 616 | 617 |
| &nbsp;&nbsp;&nbsp; Team Health Holdings, Inc., Extended Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.530%, CME Term SOFR + 5.250%, 03/02/2027 (A) | 519 | 516 |
| &nbsp;&nbsp;&nbsp; TEAM Services Group, LLC, Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.530%, 12/20/2027 (C) | 224 | 223 |
| &nbsp;&nbsp;&nbsp; WCG Intermediate Corp., 2025 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 02/25/2032 (A) | 415 | 409 |
|  |  | 13037 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| **Home Furnishings — 0.1%** | **Home Furnishings — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Weber-Stephen Products LLC, Initial Term B Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.691%, 10/30/2027 (A) | $460 | $456 |
| **Industrial Equipment — 0.8%** | **Industrial Equipment — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Alliance Laundry Systems LLC, Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, CME Term SOFR + 2.750%, 08/19/2031 (A) | 488 | 488 |
| &nbsp;&nbsp;&nbsp; JBT Marel Corporation, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.427%, CME Term SOFR + 2.000%, 01/02/2032 (A) | 69 | 69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.427%, CME Term SOFR + 2.250%, 01/02/2032 (A) | 241 | 242 |
| &nbsp;&nbsp;&nbsp; Madison IAQ LLC, 2025 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.510%, CME Term SOFR + 3.250%, 05/06/2032 (A) | 110 | 110 |
| &nbsp;&nbsp;&nbsp; Star US Bidco LLC, Fifth Amendment Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.077%, CME Term SOFR + 3.750%, 03/17/2027 (A)(B) | 671 | 669 |
| &nbsp;&nbsp;&nbsp; TerraForm Power Operating LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.299%, 05/21/2029 (A)(C) | 390 | 384 |
| &nbsp;&nbsp;&nbsp; TMK Hawk Parent, Corp., Initial Tranche B Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.579%, 06/30/2029  | 559 | 335 |
| &nbsp;&nbsp;&nbsp; TMK Hawk Parent, Corp., Term Loan (PIK), 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 12/15/2031 (C) | 18 | 18 |
| &nbsp;&nbsp;&nbsp; WEC US Holdings Ltd., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.574%, CME Term SOFR + 2.250%, 01/27/2031 (A) | 1012 | 1010 |
|  |  | 3325 |
| **Insurance — 1.2%** | **Insurance — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Acrisure, LLC, 2024 Repricing Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, CME Term SOFR + 2.750%, 02/13/2027 (A) | 881 | 879 |
| &nbsp;&nbsp;&nbsp; Alera Group, Inc., Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.577%, CME Term SOFR + 3.250%, 05/30/2032 (A)(B) | 415 | 415 |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.075%, CME Term SOFR + 2.750%, 09/19/2031 (A) | 497 | 495 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; AmWINS Group, Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 01/30/2032 (A) | $| 813 | $812 |
| &nbsp;&nbsp;&nbsp; Asurion, LLC, New B-8 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.691%, CME Term SOFR + 3.250%, 12/23/2026 (A) |  | 651 | 650 |
| &nbsp;&nbsp;&nbsp; Broadstreet Partners, Inc., 2024 Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 06/13/2031 (A)(B) |  | 300 | 300 |
| &nbsp;&nbsp;&nbsp; CFC Bidco 2022 Limited, Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 05/30/2032 (D) |  | 355 | 352 |
| &nbsp;&nbsp;&nbsp; HIG Finance 2 Limited, 2024-2 Refinancing Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.829%, CME Term SOFR + 3.500%, 04/18/2030 (A)(B) |  | 535 | 537 |
| &nbsp;&nbsp;&nbsp; HIG Finance 2 Limited, 2024-3 Dollar Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 02/15/2031 (A) |  | 40 | 40 |
| &nbsp;&nbsp;&nbsp; Ryan Specialty, LLC, 2024 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 09/15/2031 (A) |  | 320 | 319 |
| &nbsp;&nbsp;&nbsp; USI, Inc., 2024-D Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.549%, CME Term SOFR + 2.250%, 11/21/2029 (A) |  | 64 | 64 |
|  |  |  | 4863 |
| **Leisure Goods/Activities/Movies — 0.8%** | **Leisure Goods/Activities/Movies — 0.8%** | **Leisure Goods/Activities/Movies — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Alterra Mountain Company, Series B-7 Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, 05/31/2030 (C) |  | 194 | 194 |
| &nbsp;&nbsp;&nbsp; ClubCorp Holdings, Inc., Term B-2 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.561%, CME Term SOFR + 5.000%, 09/18/2026 (A) |  | 865 | 864 |
| &nbsp;&nbsp;&nbsp; Formula One Management Limited, Facility B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.299%, CME Term SOFR + 2.000%, 09/30/2031 (A) |  | 737 | 737 |
| &nbsp;&nbsp;&nbsp; Formula One Management Limited, Incremental Term Facility |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 09/30/2031 (A)(B)(D) |  | 369 | 369 |
| &nbsp;&nbsp;&nbsp; Hard Rock Northern Indiana, Term Loan B, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.672%, 12/11/2028  |  | 214 | 208 |
| &nbsp;&nbsp;&nbsp; Herschend Entertainment Company, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.575%, CME Term SOFR + 3.250%, 05/27/2032 (A)(B) |  | 315 | 316 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Recess Holdings, Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.025%, CME Term SOFR + 3.750%, 02/20/2030 (A)(B) | $| 288 | $288 |
| &nbsp;&nbsp;&nbsp; UFC Holdings, LLC, Incremental Term B-4 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.572%, CME Term SOFR + 2.250%, 11/21/2031 (A) |  | 434 | 435 |
|  |  |  | 3411 |
| **Lodging & Casinos — 0.7%** | **Lodging & Casinos — 0.7%** | **Lodging & Casinos — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc., 2023 Incremental Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 02/06/2030 (A) |  | 823 | 820 |
| &nbsp;&nbsp;&nbsp; Four Seasons Holdings, Inc., 2024-2 Repricing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.077%, 11/30/2029  |  | 586 | 588 |
| &nbsp;&nbsp;&nbsp; Ontario Gaming GTA Limited Partnership, Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.549%, CME Term SOFR + 4.250%, 08/01/2030 (A) |  | 820 | 806 |
| &nbsp;&nbsp;&nbsp; Station Casinos LLC, Term B Facility, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.327%, CME Term SOFR + 2.000%, 03/14/2031 (A)(B) |  | 679 | 678 |
|  |  |  | 2892 |
| **Oil & Gas — 1.0%** | **Oil & Gas — 1.0%** | **Oil & Gas — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; BANGL, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.788%, CME Term SOFR + 4.500%, 02/01/2029 (A)(B) |  | 93 | 93 |
| &nbsp;&nbsp;&nbsp; CQP Holdco LP, Amendment No. 6 Refinancing Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.299%, CME Term SOFR + 2.000%, 12/31/2030 (A) |  | 202 | 202 |
| &nbsp;&nbsp;&nbsp; Freeport LNG investments, LLLP, 2025 Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.522%, 12/21/2028  |  | 89 | 89 |
| &nbsp;&nbsp;&nbsp; Freeport LNG investments, LLLP, Term Loan A, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.531%, CME Term SOFR + 3.000%, 11/16/2026 (A)(B) |  | 672 | 669 |
| &nbsp;&nbsp;&nbsp; GIP Pilot Acquisition Partners, L.P., Amendment No. 2 Refinancing Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.277%, CME Term SOFR + 2.000%, 10/04/2030 (A) |  | 80 | 80 |
| &nbsp;&nbsp;&nbsp; M6 ETX Holdings II Midco LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 04/01/2032 (A)(B) |  | 33 | 33 |
| &nbsp;&nbsp;&nbsp; Oryx Midstream Services Permian Basin LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.575%, CME Term SOFR + 2.250%, 10/05/2028 (A)(B) |  | 602 | 602 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Par Petroleum, LLC, Initial Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.009%, 02/28/2030  | $| 398 | $386 |
| &nbsp;&nbsp;&nbsp; PG Polaris Bidco SARL, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.799%, CME Term SOFR + 3.000%, 03/26/2031 (A) |  | 431 | 431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.299%, CME Term SOFR + 3.000%, 03/26/2031 (A) |  | 141 | 142 |
| &nbsp;&nbsp;&nbsp; Prairie Acquiror LP, Initial Term B-3 Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.577%, 08/01/2029  |  | 814 | 816 |
| &nbsp;&nbsp;&nbsp; WhiteWater Matterhorn Holdings, LLC, Term Loan B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 05/12/2032 (A)(B)(D) |  | 435 | 434 |
|  |  |  | 3977 |
| **Publishing — 0.7%** | **Publishing — 0.7%** | **Publishing — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Century De Buyer LLC, 2024 Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.780%, 10/30/2030  |  | 792 | 794 |
| &nbsp;&nbsp;&nbsp; Dun & Bradstreet Corporation, The, 2022 Incremental Term B-2 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.575%, CME Term SOFR + 2.250%, 01/18/2029 (A) |  | 981 | 981 |
| &nbsp;&nbsp;&nbsp; LABL, Inc., Initial Dollar Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.427%, CME Term SOFR + 5.000%, 10/30/2028 (A) |  | 367 | 326 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments, LLC, Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 05/07/2032 (A)(B)(D) |  | 290 | 292 |
| &nbsp;&nbsp;&nbsp; Summer (BC) Bidco B LLC, Extended Facility B (USD), 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.559%, CME Term SOFR + 5.000%, 02/15/2029 (A) |  | 575 | 567 |
|  |  |  | 2960 |
| **Retailers (Except Food & Drug) — 0.3%** | **Retailers (Except Food & Drug) — 0.3%** | **Retailers (Except Food & Drug) — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Belfor Holdings Inc., Tranche B-3 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 11/01/2030 (A) |  | 742 | 741 |
| &nbsp;&nbsp;&nbsp; LBM Acquisition, LLC, Amendment No. 3 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.175%, CME Term SOFR + 3.750%, 06/06/2031 (A) |  | 660 | 591 |
|  |  |  | 1332 |
| **Software & Service — 0.2%** | **Software & Service — 0.2%** | **Software & Service — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; CCC Information Services Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.327%, 01/23/2032  |  | 871 | 871 |
| **Surface Transport — 0.4%** | **Surface Transport — 0.4%** | **Surface Transport — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; E2open, LLC, Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.941%, CME Term SOFR + 3.500%, 02/04/2028 (A)(B) |  | 487 | 488 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; FCG Acquisitions, Inc., Amendment No. 11 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.549%, CME Term SOFR + 3.250%, 03/31/2028 (A) | $| 398 | $398 |
| &nbsp;&nbsp;&nbsp; First Student Bidco Inc., Initial Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.799%, CME Term SOFR + 2.500%, 07/21/2028 (A) |  | 108 | 108 |
| &nbsp;&nbsp;&nbsp; First Student Bidco Inc., TLB-2 Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.799%, CME Term SOFR + 2.500%, 07/21/2028 (A) |  | 131 | 131 |
| &nbsp;&nbsp;&nbsp; Johnstone Supply, LLC, 2024-1 Incremental Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.823%, 06/09/2031  |  | 596 | 594 |
| &nbsp;&nbsp;&nbsp; QXO Building Products, Inc., Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.280%, CME Term SOFR + 3.000%, 04/30/2032 (A) |  | 72 | 72 |
|  |  |  | 1791 |
| **Telecommunications — 0.7%** | **Telecommunications — 0.7%** | **Telecommunications — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Avaya Inc., Initial Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.827%, CME Term SOFR + 7.500%, 08/01/2028 (A) |  | 1162 | 913 |
| &nbsp;&nbsp;&nbsp; Genesys Cloud Services Holdings I, LLC, Initial 2025 Dollar Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, CME Term SOFR + 2.500%, 01/30/2032 (A) |  | 739 | 737 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies Inc., Term A Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.329%, 06/01/2028  |  | 102 | 104 |
| &nbsp;&nbsp;&nbsp; Zayo Group Holdings, Inc., Initial Dollar Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.441%, CME Term SOFR + 3.000%, 03/09/2027 (A) |  | 953 | 908 |
|  |  |  | 2662 |
| **Utilities — 0.8%** | **Utilities — 0.8%** | **Utilities — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Alpha Generation, LLC, Initial Term B Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.077%, CME Term SOFR + 2.750%, 09/30/2031 (A) |  | 428 | 430 |
| &nbsp;&nbsp;&nbsp; Calpine Corporation, 2024-2 Term Loan, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.077%, CME Term SOFR + 1.750%, 02/15/2032 (A) |  | 750 | 749 |
| &nbsp;&nbsp;&nbsp; Potomac Energy Center, LLC, Term Loan |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 03/14/2032 (A)(B)(C)(D) |  | 370 | 420 |
| &nbsp;&nbsp;&nbsp; South Field Energy LLC, New Term Loan B Facility, 1st Lien |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.549%, CME Term SOFR + 3.250%, 08/29/2031 (A) |  | 303 | 303 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; South Field Energy LLC, New Term Loan C Facility, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.549%, CME Term SOFR + 3.250%, 08/29/2031 (A) | $| 19 | $| 19 |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply, LLC, 2024-1 Incremental Term B Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.808%, CME Term SOFR + 2.500%, 12/13/2031 (A) |  | 389 |  | 389 |
| &nbsp;&nbsp;&nbsp; Thunder Generation Funding, LLC, Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.299%, PRIME + 2.000%, 10/03/2031 (A) |  | 537 |  | 537 |
| &nbsp;&nbsp;&nbsp; Traverse Midstream Partners LLC, Advance Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.280%, CME Term SOFR + 3.000%, 02/16/2028 (A) |  | 514 |  | 515 |
|  |  |  |  | 3362 |
|  Total Loan Participations |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $131,665) ($ Thousands) |  |  |  | 129598 |
| **ASSET-BACKED SECURITIES — 29.0%** | **ASSET-BACKED SECURITIES — 29.0%** | **ASSET-BACKED SECURITIES — 29.0%** | **ASSET-BACKED SECURITIES — 29.0%** | **ASSET-BACKED SECURITIES — 29.0%** |
| **Automotive — 5.6%** | **Automotive — 5.6%** | **Automotive — 5.6%** |  |  |
| &nbsp;&nbsp;&nbsp; ACM Auto Trust, Ser 2024-2A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.060%, 02/20/2029 (E) |  | 574 |  | 575 |
| &nbsp;&nbsp;&nbsp; ACM Auto Trust, Ser 2025-2A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 06/20/2028 (E) |  | 500 |  | 500 |
| &nbsp;&nbsp;&nbsp; Ally Auto Receivables Trust, Ser 2023-1, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.460%, 05/15/2028  |  | 227 |  | 229 |
| &nbsp;&nbsp;&nbsp; Ally Bank Auto Credit-Linked Notes Series, Ser 2024-A, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.681%, 05/17/2032 (E) |  | 276 |  | 279 |
| &nbsp;&nbsp;&nbsp; Ally Bank Auto Credit-Linked Notes Series, Ser 2024-B, Cl C |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.215%, 09/15/2032 (E) |  | 449 |  | 449 |
| &nbsp;&nbsp;&nbsp; AmeriCredit Automobile Receivables Trust, Ser 2021-1, Cl D |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.210%, 12/18/2026  |  | 540 |  | 539 |
| &nbsp;&nbsp;&nbsp; AmeriCredit Automobile Receivables Trust, Ser 2022-2, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.380%, 04/18/2028  |  | 51 |  | 51 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2025-A, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.380%, 01/17/2034 (E) |  | 100 |  | 100 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2025-B, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.590%, 03/15/2034 (E) |  | 100 |  | 100 |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, Ser 2020-1A, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.680%, 08/20/2026 (E) |  | 250 |  | 249 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Bank of America Auto Trust, Ser 2023-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 08/17/2026 (E) | $57 | $57 |
| &nbsp;&nbsp;&nbsp; Bank of America Auto Trust, Ser 2023-2A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.660%, 11/15/2029 (E) | 250 | 254 |
| &nbsp;&nbsp;&nbsp; BMW Vehicle Lease Trust, Ser 2024-1, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 07/27/2026  | 17 | 17 |
| &nbsp;&nbsp;&nbsp; BMW Vehicle Lease Trust, Ser 2024-2, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.290%, 01/25/2027  | 188 | 187 |
| &nbsp;&nbsp;&nbsp; BMW Vehicle Owner Trust, Ser 2023-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.470%, 02/25/2028  | 183 | 184 |
| &nbsp;&nbsp;&nbsp; BofA Auto Trust, Ser 2025-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.489%, 04/20/2026 (E) | 322 | 322 |
| &nbsp;&nbsp;&nbsp; Capital One Prime Auto Receivables Trust, Ser 2022-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.170%, 04/15/2027  | 45 | 45 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust, Ser 2022-2, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.260%, 12/15/2027  | 750 | 745 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2022-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.970%, 04/15/2027  | 103 | 102 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2022-4, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.340%, 08/16/2027  | 192 | 193 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2023-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/2027  | 180 | 180 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2023-3, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.720%, 11/16/2026  | 4 | 4 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust, Ser 2023-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.280%, 05/15/2028  | 1530 | 1538 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2025-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.468%, 05/15/2026  | 37 | 37 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2025-2, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.590%, 07/17/2028  | 500 | 500 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2021-N1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.700%, 01/10/2028  | 25 | 24 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2021-N2, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.750%, 03/10/2028  | 16 | 16 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2021-N3, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.660%, 06/12/2028  | 46 | 45 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2023-N3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.410%, 09/10/2027 (E) | 12 | 12 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2023-P5, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.770%, 04/12/2027 (E) | $5 | $5 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2024-N1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.760%, 04/12/2027 (E) | 19 | 19 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2024-P1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/10/2027 (E) | 11 | 11 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2025-N1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.636%, 03/10/2026 (E) | 40 | 40 |
| &nbsp;&nbsp;&nbsp; CFMT LLC, Ser 2021-AL1, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.390%, 09/22/2031 (E) | 31 | 31 |
| &nbsp;&nbsp;&nbsp; Chase Auto Owner Trust, Ser 2024-4A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/27/2027 (E) | 315 | 316 |
| &nbsp;&nbsp;&nbsp; Chesapeake Funding II LLC, Ser 2023-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 05/15/2035 (E) | 90 | 90 |
| &nbsp;&nbsp;&nbsp; Citizens Auto Receivables Trust, Ser 2023-2, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.090%, 10/15/2026 (E) | 4 | 4 |
| &nbsp;&nbsp;&nbsp; Citizens Auto Receivables Trust, Ser 2024-1, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.430%, 10/15/2026 (E) | 25 | 26 |
| &nbsp;&nbsp;&nbsp; CPS Auto Receivables Trust, Ser 2023-B, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.910%, 08/16/2027 (E) | 5 | 5 |
| &nbsp;&nbsp;&nbsp; CPS Auto Receivables Trust, Ser 2023-D, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 06/15/2027 (E) | 4 | 4 |
| &nbsp;&nbsp;&nbsp; DT Auto Owner Trust, Ser 2023-3A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.290%, 08/16/2027 (E) | 8 | 8 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2024-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.230%, 03/20/2030 (E) | 236 | 238 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2024-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.724%, 10/21/2025 (E) | 40 | 40 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2025-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.555%, 05/20/2026 (E) | 73 | 73 |
| &nbsp;&nbsp;&nbsp; Exeter Automobile Receivables Trust, Ser 2021-2A, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.400%, 04/15/2027  | 506 | 497 |
| &nbsp;&nbsp;&nbsp; FHF Trust, Ser 2021-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.830%, 12/15/2026 (E) |  |  |
| &nbsp;&nbsp;&nbsp; Flagship Credit Auto Trust, Ser 2022-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 04/15/2027 (E) | 17 | 17 |
| &nbsp;&nbsp;&nbsp; Flagship Credit Auto Trust, Ser 2023-3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.890%, 07/15/2027 (E) | 16 | 16 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Lease Trust, Ser 2024-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.240%, 07/15/2026  | $13 | $13 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Lease Trust, Ser 2024-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.060%, 05/15/2027  | 130 | 130 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2023-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 02/15/2028  | 92 | 92 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2024-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 04/15/2029  | 500 | 506 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2024-D, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.604%, 12/15/2025  | 35 | 35 |
| &nbsp;&nbsp;&nbsp; Ford Credit Floorplan Master Owner Trust, Ser 2025-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.630%, 04/15/2030  | 90 | 90 |
| &nbsp;&nbsp;&nbsp; Foursight Capital Automobile Receivables Trust, Ser 2023-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.990%, 05/15/2028 (E) | 49 | 49 |
| &nbsp;&nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Ser 2021-1A, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.680%, 01/15/2027 (E) | 124 | 123 |
| &nbsp;&nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Ser 2025-2A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.716%, 04/15/2026 (E) | 225 | 225 |
| &nbsp;&nbsp;&nbsp; GM Financial Automobile Leasing Trust, Ser 2025-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.408%, 02/20/2026  | 74 | 74 |
| &nbsp;&nbsp;&nbsp; GM Financial Consumer Automobile Receivables Trust, Ser 2021-4, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.990%, 10/18/2027  | 300 | 296 |
| &nbsp;&nbsp;&nbsp; GM Financial Consumer Automobile Receivables Trust, Ser 2022-4, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.880%, 08/16/2028  | 1000 | 1004 |
| &nbsp;&nbsp;&nbsp; Honda Auto Receivables Owner Trust, Ser 2023-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.410%, 02/18/2028  | 228 | 230 |
| &nbsp;&nbsp;&nbsp; Honda Auto Receivables Owner Trust, Ser 2024-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.570%, 03/21/2029  | 200 | 201 |
| &nbsp;&nbsp;&nbsp; Honda Auto Receivables Owner Trust, Ser 2024-4, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.560%, 03/15/2027  | 233 | 233 |
| &nbsp;&nbsp;&nbsp; Honda Auto Receivables Owner Trust, Ser 2025-2, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/18/2028  | 70 | 70 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Lease Securitization Trust, Ser 2024-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 06/15/2026 (E) | 49 | 49 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Lease Securitization Trust, Ser 2025-B, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.580%, 09/15/2027 (E) | 100 | 100 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2024-B, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 06/15/2027  | $207 | $207 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2024-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.840%, 03/15/2029  | 250 | 252 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2025-A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.447%, 03/15/2026  | 154 | 154 |
| &nbsp;&nbsp;&nbsp; M&T Bank Auto Receivables Trust, Ser 2025-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.514%, 02/17/2026 (E) | 105 | 105 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Auto Lease Trust, Ser 2023-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.740%, 01/15/2027  | 223 | 223 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Auto Receivables Trust, Ser 2022-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.210%, 08/16/2027  | 237 | 238 |
| &nbsp;&nbsp;&nbsp; Navistar Financial Dealer Note Master Owner Trust, Ser 2023-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.180%, 08/25/2028 (E) | 1355 | 1359 |
| &nbsp;&nbsp;&nbsp; Navistar Financial Dealer Note Master Owner Trust, Ser 2024-1, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.130%, 04/25/2029 (E) | 500 | 503 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Lease Trust, Ser 2024-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.110%, 10/15/2026  | 90 | 90 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Lease Trust, Ser 2024-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.910%, 04/15/2027  | 250 | 251 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Receivables Owner Trust, Ser 2022-A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.070%, 12/17/2029  | 250 | 246 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Receivables Owner Trust, Ser 2023-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.930%, 03/15/2028  | 250 | 252 |
| &nbsp;&nbsp;&nbsp; Porsche Financial Auto Securitization Trust, Ser 2023-2A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.790%, 01/22/2029 (E) | 185 | 186 |
| &nbsp;&nbsp;&nbsp; Porsche Innovative Lease Owner Trust, Ser 2024-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.670%, 11/22/2027 (E) | 650 | 651 |
| &nbsp;&nbsp;&nbsp; Santander Bank Auto Credit-Linked Notes, Ser 2023-A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.493%, 06/15/2033 (E) | 732 | 734 |
| &nbsp;&nbsp;&nbsp; Santander Bank Auto Credit-Linked Notes, Ser 2024-B, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.483%, 01/18/2033 (E) | 500 | 499 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2021-3, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.330%, 09/15/2027  | 467 | 464 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2022-2, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.760%, 07/16/2029  | 270 | 268 |
| &nbsp;&nbsp;&nbsp; SBNA Auto Lease Trust, Ser 2025-A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.489%, 02/20/2026 (E) | 137 | 137 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; SFS Auto Receivables Securitization Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 06/21/2027 (E) | $9 | $9 |
| &nbsp;&nbsp;&nbsp; Stellantis Financial Underwritten Enhanced Lease Trust, Ser 2025-AA, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.503%, 04/20/2026 (E) | 137 | 137 |
| &nbsp;&nbsp;&nbsp; Tesla Electric Vehicle Trust, Ser 2023-1, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.540%, 12/21/2026 (E) | 72 | 72 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Receivables Owner Trust, Ser 2023-C, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 08/17/2026  | 28 | 28 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Receivables Owner Trust, Ser 2024-D, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 06/15/2029  | 536 | 537 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Receivables Owner Trust, Ser 2025-B, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.460%, 03/15/2028  | 95 | 95 |
| &nbsp;&nbsp;&nbsp; Toyota Lease Owner Trust, Ser 2024-A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.260%, 06/20/2028 (E) | 250 | 252 |
| &nbsp;&nbsp;&nbsp; Toyota Lease Owner Trust, Ser 2024-B, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.310%, 02/22/2027 (E) | 134 | 134 |
| &nbsp;&nbsp;&nbsp; Volkswagen Auto Loan Enhanced Trust, Ser 2023-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.020%, 06/20/2028  | 1000 | 1003 |
| &nbsp;&nbsp;&nbsp; Westlake Automobile Receivables Trust, Ser 2023-P1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.890%, 02/16/2027 (E) | 27 | 27 |
| &nbsp;&nbsp;&nbsp; Westlake Automobile Receivables Trust, Ser 2024-1A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.620%, 03/15/2027 (E) | 17 | 17 |
| &nbsp;&nbsp;&nbsp; Westlake Automobile Receivables Trust, Ser 2025-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.565%, 01/15/2026 (E) | 181 | 181 |
| &nbsp;&nbsp;&nbsp; Westlake Flooring Master Trust, Ser 2024-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.430%, 02/15/2028 (E) | 15 | 15 |
| &nbsp;&nbsp;&nbsp; Wheels Fleet Lease Funding 1 LLC, Ser 2023-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/18/2038 (E) | 120 | 121 |
| &nbsp;&nbsp;&nbsp; Wheels Fleet Lease Funding 1 LLC, Ser 2023-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.460%, 08/18/2038 (E) | 64 | 65 |
| &nbsp;&nbsp;&nbsp; Wheels Fleet Lease Funding 1 LLC, Ser 2024-2A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.870%, 06/21/2039 (E) | 125 | 125 |
| &nbsp;&nbsp;&nbsp; Wheels Fleet Lease Funding 1 LLC, Ser 2025-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.570%, 01/18/2040 (E) | 175 | 175 |
| &nbsp;&nbsp;&nbsp; World Omni Auto Receivables Trust, Ser 2021-D, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.720%, 06/15/2028  | 175 | 173 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; World Omni Auto Receivables Trust, Ser 2022-B, Cl A4 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.440%, 03/15/2028  | $| 250 | $248 |
| &nbsp;&nbsp;&nbsp; World Omni Auto Receivables Trust, Ser 2022-D, Cl A3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.610%, 02/15/2028  |  | 126 | 126 |
|  |  |  | 22852 |
| **Credit Cards — 0.1%** | **Credit Cards — 0.1%** | **Credit Cards — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; CARDS II Trust, Ser 2024-1A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.994%, SOFRRATE + 0.680%, 07/15/2029 (A)(E) |  | 160 | 160 |
| **Mortgage Related Securities — 0.3%** | **Mortgage Related Securities — 0.3%** | **Mortgage Related Securities — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2023-CES3, Cl A1A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.113%, 11/25/2043 (A)(E) |  | 676 | 685 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2023-CES2, Cl A1A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.294%, 10/25/2063 (A)(E) |  | 662 | 673 |
|  |  |  | 1358 |
| **Other Asset-Backed Securities — 23.0%** | **Other Asset-Backed Securities — 23.0%** | **Other Asset-Backed Securities — 23.0%** |  |
| &nbsp;&nbsp;&nbsp; 321 Henderson Receivables VI LLC, Ser 2010-1A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.560%, 07/15/2059 (E) |  | 131 | 131 |
| &nbsp;&nbsp;&nbsp; Access Group, Ser 2005-A, Cl A3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.943%, TSFR3M + 0.662%, 07/25/2034 (A) |  | 530 | 526 |
| &nbsp;&nbsp;&nbsp; Affirm Asset Securitization Trust, Ser 2021-Z2, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.170%, 11/16/2026 (E) |  | 1 | 1 |
| &nbsp;&nbsp;&nbsp; Aligned Data Centers Issuer LLC, Ser 2021-1A, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.937%, 08/15/2046 (E) |  | 1285 | 1235 |
| &nbsp;&nbsp;&nbsp; Allegro CLO VII, Ser 2018-1A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.368%, TSFR3M + 3.112%, 06/13/2031 (A)(E) |  | 400 | 400 |
| &nbsp;&nbsp;&nbsp; AMMC CLO 24, Ser 2024-24A, Cl BR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.870%, TSFR3M + 1.600%, 01/20/2035 (A)(E) |  | 800 | 800 |
| &nbsp;&nbsp;&nbsp; Amur Equipment Finance Receivables XIII LLC, Ser 2024-1A, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.570%, 04/21/2031 (E) |  | 650 | 670 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XI, Ser 2025-11A, Cl BR4A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.930%, TSFR3M + 1.650%, 04/17/2034 (A)(E) |  | 1000 | 1003 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XV, Ser 2018-15A, Cl A1RR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.541%, TSFR3M + 1.272%, 04/20/2031 (A)(E) |  | 111 | 112 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXIV, Ser 2021-24A, Cl A1AL |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.481%, TSFR3M + 1.212%, 10/20/2030 (A)(E) |  | 127 | 127 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Aqua Finance Trust, Ser 2021-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.540%, 07/17/2046 (E) | $54 | $50 |
| &nbsp;&nbsp;&nbsp; Arbys Funding LLC, Ser 2020-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.237%, 07/30/2050 (E) | 898 | 854 |
| &nbsp;&nbsp;&nbsp; Ares XXXIV CLO, Ser 2024-2A, Cl AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, TSFR3M + 1.320%, 04/17/2033 (A)(E) | 500 | 501 |
| &nbsp;&nbsp;&nbsp; Ares XXXVII CLO, Ser 2024-4A, Cl A1RR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.336%, TSFR3M + 1.080%, 10/15/2030 (A)(E) | 189 | 189 |
| &nbsp;&nbsp;&nbsp; Bain Capital Credit CLO, Ser 2025-2A, Cl AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, TSFR3M + 0.920%, 10/17/2032 (A)(E) | 471 | 469 |
| &nbsp;&nbsp;&nbsp; Barings CLO 2019-III, Ser 2024-3A, Cl A1RR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.410%, TSFR3M + 1.140%, 01/20/2036 (A)(E) | 925 | 924 |
| &nbsp;&nbsp;&nbsp; Barings CLO 2019-III, Ser 2024-3A, Cl BRR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.920%, TSFR3M + 1.650%, 01/20/2036 (A)(E) | 750 | 752 |
| &nbsp;&nbsp;&nbsp; Beacon Container Finance II LLC, Ser 2021-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 10/22/2046 (E) | 513 | 469 |
| &nbsp;&nbsp;&nbsp; Beechwood Park CLO, Ser 2022-1A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.580%, TSFR3M + 1.300%, 01/17/2035 (A)(E) | 500 | 501 |
| &nbsp;&nbsp;&nbsp; Bellemeade Re, Ser 2023-1, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.522%, SOFR30A + 2.200%, 10/25/2033 (A)(E) | 898 | 901 |
| &nbsp;&nbsp;&nbsp; Blue Stream Issuer LLC, Ser 2023-1A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.898%, 05/20/2053 (E) | 750 | 761 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2021-HE1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.072%, SOFR30A + 0.750%, 01/25/2070 (A)(E) | 571 | 569 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2021-HE2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.372%, SOFR30A + 1.050%, 11/25/2069 (A)(E) | 345 | 344 |
| &nbsp;&nbsp;&nbsp; BRE Grand Islander Timeshare Issuer LLC, Ser 2019-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.280%, 09/26/2033 (E) | 1643 | 1616 |
| &nbsp;&nbsp;&nbsp; Carlyle Global Market Strategies CLO, Ser 2016-1A, Cl A1R3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.360%, TSFR3M + 1.090%, 04/20/2034 (A)(E) | 500 | 500 |
| &nbsp;&nbsp;&nbsp; Carlyle Global Market Strategies CLO, Ser 2016-3A, Cl BRRR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.870%, TSFR3M + 1.600%, 07/20/2034 (A)(E) | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp; Carlyle Global Market Strategies CLO, Ser 2018-2RA, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.913%, TSFR3M + 1.587%, 05/15/2031 (A)(E) | 1000 | 1000 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Carlyle Global Market Strategies CLO, Ser 2018-4RA, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.118%, TSFR3M + 1.862%, 07/15/2030 (A)(E) | $500 | $501 |
| &nbsp;&nbsp;&nbsp; Carlyle Global Market Strategies CLO, Ser 2021-1A, Cl AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.511%, TSFR3M + 1.242%, 07/20/2031 (A)(E) | 105 | 105 |
| &nbsp;&nbsp;&nbsp; CARS-DB4, Ser 2020-1A, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.480%, 02/15/2050 (E) | 490 | 472 |
| &nbsp;&nbsp;&nbsp; CARS-DB5, Ser 2021-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.920%, 08/15/2051 (E) | 988 | 942 |
| &nbsp;&nbsp;&nbsp; CCG Receivables Trust, Ser 2025-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.497%, 03/16/2026 (E) | 103 | 103 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC, Ser 2020-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.690%, 07/15/2060 (E) | 315 | 312 |
| &nbsp;&nbsp;&nbsp; CF Hippolyta Issuer LLC, Ser 2021-1A, Cl B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.980%, 03/15/2061 (E) | 1070 | 1025 |
| &nbsp;&nbsp;&nbsp; CIFC Funding, Ser 2013-3RA, Cl A2R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.475%, TSFR3M + 1.200%, 04/24/2031 (A)(E) | 1000 | 999 |
| &nbsp;&nbsp;&nbsp; CIFC Funding, Ser 2014-4RA, Cl A1A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.270%, TSFR3M + 0.990%, 01/17/2035 (A)(E) | 600 | 596 |
| &nbsp;&nbsp;&nbsp; CLI Funding VIII LLC, Ser 2021-1A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.380%, 02/18/2046 (E) | 434 | 393 |
| &nbsp;&nbsp;&nbsp; CLI Funding VIII LLC, Ser 2022-1A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.120%, 01/18/2047 (E) | 261 | 232 |
| &nbsp;&nbsp;&nbsp; CNH Equipment Trust, Ser 2024-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.190%, 09/17/2029  | 250 | 253 |
| &nbsp;&nbsp;&nbsp; CNH Equipment Trust, Ser 2025-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 08/15/2028  | 315 | 315 |
| &nbsp;&nbsp;&nbsp; DataBank Issuer, Ser 2021-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.060%, 02/27/2051 (E) | 1300 | 1267 |
| &nbsp;&nbsp;&nbsp; DB Master Finance LLC, Ser 2019-1A, Cl A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.021%, 05/20/2049 (E) | 957 | 946 |
| &nbsp;&nbsp;&nbsp; DB Master Finance LLC, Ser 2021-1A, Cl A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.045%, 11/20/2051 (E) | 671 | 643 |
| &nbsp;&nbsp;&nbsp; Dext ABS LLC, Ser 2023-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.560%, 05/15/2034 (E) | 36 | 36 |
| &nbsp;&nbsp;&nbsp; Diamond Infrastructure Funding LLC, Ser 2021-1A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.355%, 04/15/2049 (E) | 200 | 188 |
| &nbsp;&nbsp;&nbsp; Diamond Infrastructure Funding LLC, Ser 2021-1A, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.475%, 04/15/2049 (E) | 400 | 376 |
| &nbsp;&nbsp;&nbsp; DLLAA LLC, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.930%, 07/20/2026 (E) | 12 | 12 |
| &nbsp;&nbsp;&nbsp; DLLAD LLC, Ser 2021-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.640%, 09/21/2026 (E) | 24 | 23 |
| &nbsp;&nbsp;&nbsp; DLLST, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.330%, 01/20/2026 (E) | 13 | 13 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Domino's Pizza Master Issuer LLC, Ser 2017-1A, Cl A23 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.118%, 07/25/2047 (E) | $1152 | $1131 |
| &nbsp;&nbsp;&nbsp; Driven Brands Funding LLC, Ser 2019-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.641%, 04/20/2049 (E) | 1464 | 1453 |
| &nbsp;&nbsp;&nbsp; Driven Brands Funding LLC, Ser 2019-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.981%, 10/20/2049 (E) | 115 | 113 |
| &nbsp;&nbsp;&nbsp; Driven Brands Funding LLC, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.372%, 10/20/2054 (E) | 99 | 102 |
| &nbsp;&nbsp;&nbsp; Dryden 45 Senior Loan Fund, Ser 2024-45A, Cl BRR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.906%, TSFR3M + 1.650%, 10/15/2030 (A)(E) | 500 | 500 |
| &nbsp;&nbsp;&nbsp; Elara HGV Timeshare Issuer LLC, Ser 2019-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.610%, 01/25/2034 (E) | 451 | 442 |
| &nbsp;&nbsp;&nbsp; Elara HGV Timeshare Issuer LLC, Ser 2021-A, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.090%, 08/27/2035 (E) | 655 | 617 |
| &nbsp;&nbsp;&nbsp; Elara HGV Timeshare Issuer LLC, Ser 2023-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.160%, 02/25/2038 (E) | 581 | 596 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO 15, Ser 2022-2A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.612%, TSFR3M + 1.340%, 04/22/2035 (A)(E) | 500 | 501 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO III, Ser 2024-3A, Cl A1RR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, TSFR3M + 1.380%, 07/18/2037 (A)(E) | 1000 | 1003 |
| &nbsp;&nbsp;&nbsp; FNA VII LLC, Ser 2023-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.900%, 04/15/2038 (E) | 389 | 389 |
| &nbsp;&nbsp;&nbsp; Frontier Issuer LLC, Ser 2023-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.600%, 08/20/2053 (E) | 500 | 507 |
| &nbsp;&nbsp;&nbsp; Frontier Issuer LLC, Ser 2023-1, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.300%, 08/20/2053 (E) | 500 | 514 |
| &nbsp;&nbsp;&nbsp; Goldentree Loan Management US CLO 8, Ser 2024-8A, Cl ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.420%, TSFR3M + 1.150%, 10/20/2034 (A)(E) | 400 | 400 |
| &nbsp;&nbsp;&nbsp; GRACIE POINT INTERNATIONAL FUNDING, Ser 2023-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.298%, SOFR90A + 1.950%, 09/01/2026 (A)(E) | 1907 | 1905 |
| &nbsp;&nbsp;&nbsp; GRACIE POINT INTERNATIONAL FUNDING, Ser 2023-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.598%, SOFR90A + 2.250%, 03/01/2027 (A)(E) | 163 | 163 |
| &nbsp;&nbsp;&nbsp; Granite Edvance, Ser 2020-1, Cl A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.639%, TSFR1M + 1.314%, 09/25/2060 (A) | 393 | 395 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GreatAmerica Leasing Receivables Funding LLC, Ser 2025-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.462%, 03/16/2026 (E) | $73 | $73 |
| &nbsp;&nbsp;&nbsp; GreatAmerica Leasing Receivables, Ser 2023-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 02/16/2026 (E) | 15 | 15 |
| &nbsp;&nbsp;&nbsp; GreatAmerica Leasing Receivables, Ser 2024-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.320%, 08/17/2026 (E) | 76 | 77 |
| &nbsp;&nbsp;&nbsp; Halseypoint CLO 7, Ser 2023-7A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.522%, TSFR3M + 2.250%, 07/20/2036 (A)(E) | 500 | 500 |
| &nbsp;&nbsp;&nbsp; HI-FI Music IP Issuer, Ser 2022-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.939%, 02/01/2062 (E) | 600 | 582 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations Trust, Ser 2022-1D, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 06/20/2034 (E) | 493 | 485 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations Trust, Ser 2023-1A, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.940%, 01/25/2038 (E) | 669 | 686 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations Trust, Ser 2024-1B, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.990%, 09/15/2039 (E) | 329 | 333 |
| &nbsp;&nbsp;&nbsp; Hipgnosis Music Assets, Ser 2022-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/16/2062 (E) | 599 | 589 |
| &nbsp;&nbsp;&nbsp; HPEFS Equipment Trust, Ser 2023-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.040%, 01/21/2031 (E) | 13 | 13 |
| &nbsp;&nbsp;&nbsp; HPEFS Equipment Trust, Ser 2024-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.180%, 05/20/2031 (E) | 105 | 105 |
| &nbsp;&nbsp;&nbsp; John Deere Owner Trust, Ser 2023-C, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.760%, 08/17/2026  | 12 | 12 |
| &nbsp;&nbsp;&nbsp; John Deere Owner Trust, Ser 2024-C, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.360%, 08/16/2027  | 53 | 53 |
| &nbsp;&nbsp;&nbsp; Kentucky Higher Education Student Loan, Ser 2020-1, Cl A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.489%, TSFR1M + 1.164%, 11/25/2050 (A) | 975 | 966 |
| &nbsp;&nbsp;&nbsp; KKR CLO 12, Ser 2018-12, Cl AR2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.653%, TSFR3M + 1.397%, 10/15/2030 (A)(E) | 102 | 102 |
| &nbsp;&nbsp;&nbsp; KKR CLO 21, Ser 2018-21, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.518%, TSFR3M + 1.262%, 04/15/2031 (A)(E) | 256 | 256 |
| &nbsp;&nbsp;&nbsp; Kubota Credit Owner Trust, Ser 2023-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.610%, 07/15/2026 (E) | 48 | 48 |
| &nbsp;&nbsp;&nbsp; Kubota Credit Owner Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.390%, 01/15/2027 (E) | 100 | 100 |
| &nbsp;&nbsp;&nbsp; Kubota Credit Owner Trust, Ser 2025-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.481%, 02/16/2026 (E) | 305 | 305 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; LCM XXIV, Ser 2021-24A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.511%, TSFR3M + 1.242%, 03/20/2030 (A)(E) | $9 | $9 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding XLII, Ser 2017-13A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.041%, TSFR3M + 1.762%, 11/21/2030 (A)(E) | 700 | 700 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding XXIV, Ser 2024-24A, Cl BR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.820%, TSFR3M + 1.550%, 10/20/2029 (A)(E) | 1250 | 1252 |
| &nbsp;&nbsp;&nbsp; Magnetite XV, Ser 2018-15A, Cl CR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.343%, TSFR3M + 2.062%, 07/25/2031 (A)(E) | 500 | 500 |
| &nbsp;&nbsp;&nbsp; MetroNet Infrastructure Issuer LLC, Ser 2022-1A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.460%, 10/20/2052 (E) | 500 | 511 |
| &nbsp;&nbsp;&nbsp; MetroNet Infrastructure Issuer LLC, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.230%, 04/20/2054 (E) | 1585 | 1617 |
| &nbsp;&nbsp;&nbsp; MetroNet Infrastructure Issuer LLC, Ser 2024-1A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.590%, 04/20/2054 (E) | 900 | 928 |
| &nbsp;&nbsp;&nbsp; Missouri Higher Education Loan Authority, Ser 2021-1, Cl A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.189%, TSFR1M + 0.864%, 01/25/2061 (A) | 464 | 449 |
| &nbsp;&nbsp;&nbsp; Missouri Higher Education Loan Authority, Ser 2021-2, Cl A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.139%, TSFR1M + 0.814%, 03/25/2061 (A) | 1408 | 1360 |
| &nbsp;&nbsp;&nbsp; MMAF Equipment Finance LLC, Ser 2023-A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.790%, 11/13/2026 (E) | 44 | 45 |
| &nbsp;&nbsp;&nbsp; MMAF Equipment Finance LLC, Ser 2024-A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 09/13/2027 (E) | 112 | 113 |
| &nbsp;&nbsp;&nbsp; MVW LLC, Ser 2021-1WA, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.940%, 01/22/2041 (E) | 608 | 576 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2019-FA, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 08/15/2068 (E) | 348 | 334 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2020-HA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.310%, 01/15/2069 (E) | 347 | 325 |
| &nbsp;&nbsp;&nbsp; Navient Student Loan Trust, Ser 2023-BA, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.480%, 03/15/2072 (E) | 410 | 421 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers CLO 25, Ser 2024-25A, Cl AR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.670%, TSFR3M + 1.400%, 07/18/2038 (A)(E) | 450 | 451 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers CLO 46, Ser 2025-46A, Cl BR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.770%, TSFR3M + 1.500%, 01/20/2037 (A)(E) | $320 | $319 |
| &nbsp;&nbsp;&nbsp; New Economy Assets Phase 1 Sponsor LLC, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.910%, 10/20/2061 (E) | 953 | 894 |
| &nbsp;&nbsp;&nbsp; New Economy Assets Phase I Sponsor LLC, Ser 2021-1, Cl B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.410%, 10/20/2061 (E) | 750 | 683 |
| &nbsp;&nbsp;&nbsp; Oak Street Investment Grade Net Lease Fund, Ser 2020-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.260%, 11/20/2050 (E) | 248 | 241 |
| &nbsp;&nbsp;&nbsp; Oaktree CLO, Ser 2021-2A, Cl B1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.656%, TSFR3M + 1.400%, 01/15/2035 (A)(E) | 1000 | 994 |
| &nbsp;&nbsp;&nbsp; OFSI BSL IX, Ser 2024-1A, Cl B1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.056%, TSFR3M + 1.800%, 07/15/2031 (A)(E) | 1000 | 1001 |
| &nbsp;&nbsp;&nbsp; Palmer Square CLO, Ser 2015-1A, Cl A2R5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.922%, TSFR3M + 1.600%, 05/21/2034 (A)(E) | 1500 | 1500 |
| &nbsp;&nbsp;&nbsp; Palmer Square Loan Funding, Ser 2021-4A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.318%, TSFR3M + 1.062%, 10/15/2029 (A)(E) | 38 | 38 |
| &nbsp;&nbsp;&nbsp; Palmer Square Loan Funding, Ser 2022-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.156%, TSFR3M + 1.900%, 10/15/2030 (A)(E) | 1460 | 1463 |
| &nbsp;&nbsp;&nbsp; Palmer Square Loan Funding, Ser 2024-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.306%, TSFR3M + 1.050%, 10/15/2032 (A)(E) | 214 | 214 |
| &nbsp;&nbsp;&nbsp; PFS Financing, Ser 2025-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.982%, SOFR30A + 0.650%, 01/15/2029 (A)(E) | 195 | 195 |
| &nbsp;&nbsp;&nbsp; Post Road Equipment Finance LLC, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 05/15/2031 (E) | 400 | 401 |
| &nbsp;&nbsp;&nbsp; Prodigy Finance DAC, Ser 2021-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.689%, TSFR1M + 1.364%, 07/25/2051 (A)(E) | 392 | 391 |
| &nbsp;&nbsp;&nbsp; Progress Residential, Ser 2021-SFR3, Cl E2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.688%, 05/17/2026 (E) | 960 | 941 |
| &nbsp;&nbsp;&nbsp; Race Point IX CLO, Ser 2021-9A, Cl A1A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.458%, TSFR3M + 1.202%, 10/15/2030 (A)(E) | 49 | 49 |
| &nbsp;&nbsp;&nbsp; ReadyCap Lending Small Business Loan Trust, Ser 2019-2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, PRIME + -0.500%, 12/27/2044 (A)(E) | 88 | 88 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Regatta XXII Funding, Ser 2024-2A, Cl BR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.970%, TSFR3M + 1.700%, 07/20/2035 (A)(E) | $1000 | $1003 |
| &nbsp;&nbsp;&nbsp; Retained Vantage Data Centers Issuer LLC, Ser 2023-1A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/15/2048 (E) | 500 | 494 |
| &nbsp;&nbsp;&nbsp; RIN II, Ser 2024-1A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.736%, TSFR3M + 1.480%, 01/15/2038 (A)(E) | 1000 | 1002 |
| &nbsp;&nbsp;&nbsp; RIN XII LLC, Ser 2025-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, TSFR3M + 1.300%, 04/15/2038 (A)(E) | 1000 | 999 |
| &nbsp;&nbsp;&nbsp; Saratoga Investment Senior Loan Fund, Ser 2022-1A, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.882%, TSFR3M + 6.610%, 10/20/2033 (A)(E) | 300 | 299 |
| &nbsp;&nbsp;&nbsp; SCF Equipment Leasing LLC, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.560%, 01/22/2030 (E) | 4 | 4 |
| &nbsp;&nbsp;&nbsp; SCF Equipment Leasing LLC, Ser 2023-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.170%, 05/20/2032 (E) | 1000 | 1010 |
| &nbsp;&nbsp;&nbsp; SCF Equipment Trust LLC, Ser 2025-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.522%, 02/20/2026 (E) | 66 | 66 |
| &nbsp;&nbsp;&nbsp; Sesac Finance LLC, Ser 2019-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.216%, 07/25/2049 (E) | 1975 | 1952 |
| &nbsp;&nbsp;&nbsp; Sierra Timeshare Receivables Funding LLC, Ser 2024-1A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/20/2043 (E) | 596 | 598 |
| &nbsp;&nbsp;&nbsp; SLM Private Credit Student Loan Trust, Ser 2006-B, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.831%, TSFR3M + 0.532%, 12/15/2039 (A) | 1943 | 1896 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2018-C, Cl A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.193%, TSFR1M + 0.864%, 11/15/2035 (A)(E) | 526 | 525 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2019-B, Cl A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.443%, TSFR1M + 1.114%, 06/15/2037 (A)(E) | 378 | 378 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-A, Cl A2A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.173%, TSFR1M + 0.844%, 01/15/2053 (A)(E) | 1297 | 1286 |
| &nbsp;&nbsp;&nbsp; Sonic Capital LLC, Ser 2020-1A, Cl A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.845%, 01/20/2050 (E) | 476 | 464 |
| &nbsp;&nbsp;&nbsp; Stack Infrastructure Issuer LLC, Ser 2021-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.877%, 03/26/2046 (E) | 450 | 437 |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2021-SFR1, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.494%, TSFR1M + 1.164%, 04/17/2038 (A)(E) | 536 | 534 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2021-SFR1, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.744%, TSFR1M + 1.414%, 04/17/2038 (A)(E) | $1000 | $996 |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2021-SFR2, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.043%, TSFR1M + 1.714%, 01/17/2039 (A)(E) | 1087 | 1087 |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2024-SFR4, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.079%, TSFR1M + 1.750%, 10/17/2041 (A)(E) | 749 | 752 |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2025-SFR5, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.779%, TSFR1M + 1.450%, 02/17/2042 (A)(E) | 180 | 180 |
| &nbsp;&nbsp;&nbsp; Steele Creek CLO, Ser 2019-2A, Cl CRR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.056%, TSFR3M + 1.800%, 07/15/2032 (A)(E) | 1000 | 995 |
| &nbsp;&nbsp;&nbsp; Store Master Funding I-VII and XIV, Ser 2019-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.820%, 11/20/2049 (E) | 438 | 422 |
| &nbsp;&nbsp;&nbsp; Store Master Funding I-VII XIV XIX XX, Ser 2021-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.120%, 06/20/2051 (E) | 735 | 677 |
| &nbsp;&nbsp;&nbsp; Structured Asset Investment Loan Trust, Ser 2004-8, Cl A8 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.439%, TSFR1M + 1.114%, 09/25/2034 (A) | 1823 | 1759 |
| &nbsp;&nbsp;&nbsp; Structured Asset Investment Loan Trust, Ser 2004-BNC1, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.858%, TSFR1M + 1.054%, 09/25/2034 (A) | 565 | 587 |
| &nbsp;&nbsp;&nbsp; Sycamore Tree CLO, Ser 2023-3A, Cl BR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.420%, TSFR3M + 2.150%, 04/20/2037 (A)(E) | 1000 | 1003 |
| &nbsp;&nbsp;&nbsp; Taco Bell Funding LLC, Ser 2016-1A, Cl A23 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.970%, 05/25/2046 (E) | 1228 | 1226 |
| &nbsp;&nbsp;&nbsp; TAL Advantage VII LLC, Ser 2020-1A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.290%, 09/20/2045 (E) | 765 | 721 |
| &nbsp;&nbsp;&nbsp; TIF Funding II LLC, Ser 2021-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 02/20/2046 (E) | 250 | 223 |
| &nbsp;&nbsp;&nbsp; Tricon Residential Trust, Ser 2021-SFR1, Cl E1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.794%, 07/17/2038 (E) | 100 | 97 |
| &nbsp;&nbsp;&nbsp; Tricon Residential Trust, Ser 2021-SFR1, Cl E2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.894%, 07/17/2038 (E) | 180 | 174 |
| &nbsp;&nbsp;&nbsp; Tricon Residential Trust, Ser 2025-SFR1, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.929%, TSFR1M + 1.600%, 03/17/2042 (A)(E) | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp; Trinity Rail Leasing LLC, Ser 2020-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.960%, 10/17/2050 (E) | 564 | 527 |
| &nbsp;&nbsp;&nbsp; USQ Rail I LLC, Ser 2021-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 02/28/2051 (E) | 874 | 812 |
| &nbsp;&nbsp;&nbsp; VB-S1 Issuer LLC - VBTEL, Ser 2022-1A, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.288%, 02/15/2052 (E) | 100 | 95 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; VFI ABS LLC, Ser 2023-1A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.270%, 03/26/2029 (E) | $| 27 | $| 27 |
| &nbsp;&nbsp;&nbsp; Volvo Financial Equipment LLC, Ser 2024-1A, Cl A1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.073%, 09/15/2025 (E) |  | 2 |  | 2 |
| &nbsp;&nbsp;&nbsp; Volvo Financial Equipment LLC, Ser 2025-1A, Cl A1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.491%, 03/16/2026 (E) |  | 187 |  | 187 |
| &nbsp;&nbsp;&nbsp; Voya CLO, Ser 2018-1A, Cl A2R |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.831%, TSFR3M + 1.562%, 01/20/2031 (A)(E) |  | 825 |  | 825 |
| &nbsp;&nbsp;&nbsp; Voya CLO, Ser 2018-3A, Cl A1R2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.456%, TSFR3M + 1.200%, 10/15/2031 (A)(E) |  | 338 |  | 338 |
| &nbsp;&nbsp;&nbsp; Voya CLO, Ser 2020-2A, Cl A1RR |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.561%, TSFR3M + 1.282%, 04/17/2030 (A)(E) |  | 1 |  | 1 |
| &nbsp;&nbsp;&nbsp; Wendy's Funding LLC, Ser 2019-1A, Cl A2I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.783%, 06/15/2049 (E) |  | 444 |  | 437 |
| &nbsp;&nbsp;&nbsp; Westgate Resorts LLC, Ser 2023-1A, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.440%, 12/20/2037 (E) |  | 592 |  | 596 |
| &nbsp;&nbsp;&nbsp; Willis Engine Structured Trust IV, Ser 2018-A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 09/15/2043 (E)(F) |  | 611 |  | 604 |
| &nbsp;&nbsp;&nbsp; Willis Engine Structured Trust V, Ser 2020-A, Cl C |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.657%, 03/15/2045 (E) |  | 235 |  | 226 |
| &nbsp;&nbsp;&nbsp; Wind River CLO, Ser 2024-1A, Cl AR |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.620%, TSFR3M + 1.350%, 07/20/2035 (A)(E) |  | 500 |  | 500 |
| &nbsp;&nbsp;&nbsp; Wingstop Funding LLC, Ser 2020-1A, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.841%, 12/05/2050 (E) |  | 1478 |  | 1394 |
| &nbsp;&nbsp;&nbsp; Zais CLO 14, Ser 2024-14A, Cl B1R2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.756%, TSFR3M + 1.500%, 04/15/2032 (A)(E) |  | 1000 |  | 999 |
|  |  |  |  | 93607 |
|  Total Asset-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $117,116) ($ Thousands) |  |  |  | 117977 |
| **MORTGAGE-BACKED SECURITIES — 27.7%** | **MORTGAGE-BACKED SECURITIES — 27.7%** | **MORTGAGE-BACKED SECURITIES — 27.7%** | **MORTGAGE-BACKED SECURITIES — 27.7%** | **MORTGAGE-BACKED SECURITIES — 27.7%** |
| **Agency Mortgage-Backed Obligations — 1.3%** | **Agency Mortgage-Backed Obligations — 1.3%** | **Agency Mortgage-Backed Obligations — 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC ARM |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.594%, RFUCCT1Y + 2.470%, 03/01/2036(A) |  | 317 |  | 328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.248%, H15T1Y + 2.250%, 06/01/2035(A) |  | 241 |  | 248 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2011-3786, Cl ED |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/15/2039 |  | 109 |  | 108 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2013-4166, Cl PV |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 07/15/2037 |  | 357 |  | 350 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2015-4479, Cl TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 07/15/2034 | $248 | $243 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2018-4753, Cl QV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 12/15/2040 | 217 | 215 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2024-DNA2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.572%, SOFR30A + 1.250%, 05/25/2044(A)(E) | 278 | 279 |
| &nbsp;&nbsp;&nbsp; FNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 09/01/2039 to 04/01/2040  | 164 | 171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 12/01/2030 | 158 | 154 |
| &nbsp;&nbsp;&nbsp; FNMA ARM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.550%, RFUCCT1Y + 1.800%, 05/01/2034(A) | 44 | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.527%, RFUCCT1Y + 1.777%, 09/01/2034(A) | 116 | 117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.518%, RFUCCT1Y + 1.872%, 10/01/2033(A) | 57 | 58 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.345%, H15T1Y + 2.220%, 08/01/2034(A) | 259 | 266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.270%, RFUCCT1Y + 1.770%, 10/01/2033(A) | 22 | 22 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.085%, RFUCCT1Y + 1.490%, 10/01/2035(A) | 244 | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.899%, H15T1Y + 2.205%, 05/01/2035(A) | 57 | 59 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.894%, RFUCCT1Y + 1.565%, 05/01/2037(A) | 152 | 157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.861%, H15T1Y + 2.332%, 04/01/2034(A) | 161 | 166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.844%, H15T1Y + 2.141%, 10/01/2033(A) | 145 | 148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.798%, H15T1Y + 2.184%, 07/01/2036(A) | 189 | 195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.536%, RFUCCT1Y + 1.661%, 04/01/2033(A) | 71 | 72 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.380%, RFUCCT6M + 1.580%, 07/01/2034(A) | 37 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.079%, RFUCCT6M + 1.433%, 03/01/2035(A) | 118 | 120 |
| &nbsp;&nbsp;&nbsp; FNMA Connecticut Avenue Securities Trust, Ser 2016-C03, Cl 2M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.337%, SOFR30A + 6.014%, 10/25/2028(A) | 48 | 50 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2010-83, Cl BA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 08/25/2040 | 70 | 71 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-137, Cl UE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 09/25/2041 | 56 | 54 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2015-57, Cl CA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/25/2034 | 81 | 80 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-81, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/25/2044 | 384 | 378 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2023-32, Cl BD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/25/2042 | 383 | 386 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2013-88, Cl WC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 11/20/2041 | $| 345 | $334 |
|  |  |  | 5163 |
| **Non-Agency Mortgage-Backed Obligations — 26.4%** | **Non-Agency Mortgage-Backed Obligations — 26.4%** | **Non-Agency Mortgage-Backed Obligations — 26.4%** |  |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-1, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.466%, 12/25/2059(A)(E) |  | 6 | 6 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-2, Cl A1A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.531%, 01/26/2065(A)(E) |  | 54 | 51 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-3, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.691%, 04/25/2065(A)(E) |  | 57 | 53 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-4, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.469%, 06/25/2065(A)(E) |  | 21 | 20 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-5, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.373%, 05/25/2065(A)(E) |  | 171 | 163 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-R1, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.990%, 04/25/2053(A)(E) |  | 32 | 30 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2021-1, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.909%, 01/25/2066(A)(E) |  | 122 | 104 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2021-3, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.068%, 05/25/2066(A)(E) |  | 114 | 98 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2025-6, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.768%, 04/25/2070(E)(F) |  | 500 | 501 |
| &nbsp;&nbsp;&nbsp; Arroyo Mortgage Trust, Ser 2019-1, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.805%, 01/25/2049(A)(E) |  | 64 | 62 |
| &nbsp;&nbsp;&nbsp; Arroyo Mortgage Trust, Ser 2019-3, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.962%, 10/25/2048(A)(E) |  | 22 | 21 |
| &nbsp;&nbsp;&nbsp; Arroyo Mortgage Trust, Ser 2021-1R, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.175%, 10/25/2048(A)(E) |  | 672 | 602 |
| &nbsp;&nbsp;&nbsp; Ashford Hospitality Trust, Ser 2018-ASHF, Cl B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.751%, TSFR1M + 1.422%, 04/15/2035(A)(E) |  | 1000 | 990 |
| &nbsp;&nbsp;&nbsp; Banc of America Funding, Ser 2006-I, Cl 1A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.325%, 12/20/2036(A) |  | 688 | 679 |
| &nbsp;&nbsp;&nbsp; Banc of America Mortgage Trust, Ser 2003-K, Cl 2A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.128%, 12/25/2033(A) |  | 429 | 414 |
| &nbsp;&nbsp;&nbsp; Banc of America Mortgage Trust, Ser 2004-A, Cl 2A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.908%, 02/25/2034(A) |  | 403 | 397 |
| &nbsp;&nbsp;&nbsp; Banc of America Mortgage Trust, Ser 2004-D, Cl 2A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.482%, 05/25/2034(A) |  | 122 | 118 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; BANK, Ser 2018-BN12, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.074%, 05/15/2061 | $447 | $441 |
| &nbsp;&nbsp;&nbsp; Bear Stearns Alt-A Trust, Ser 2003-5, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.189%, 12/25/2033(A) | 367 | 355 |
| &nbsp;&nbsp;&nbsp; Bear Stearns Alt-A Trust, Ser 2004-7, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.087%, 08/25/2034(A) | 578 | 562 |
| &nbsp;&nbsp;&nbsp; Bear Stearns ARM Trust, Ser 2003-8, Cl 4A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.942%, 01/25/2034(A) | 989 | 989 |
| &nbsp;&nbsp;&nbsp; Bear Stearns ARM Trust, Ser 2004-1, Cl 21A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.214%, 04/25/2034(A) | 124 | 123 |
| &nbsp;&nbsp;&nbsp; Bear Stearns ARM Trust, Ser 2004-2, Cl 12A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.370%, 05/25/2034(A) | 609 | 564 |
| &nbsp;&nbsp;&nbsp; Bear Stearns ARM Trust, Ser 2004-3, Cl 2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.809%, 07/25/2034(A) | 419 | 391 |
| &nbsp;&nbsp;&nbsp; Bear Stearns ARM Trust, Ser 2004-5, Cl 2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.388%, 07/25/2034(A) | 394 | 369 |
| &nbsp;&nbsp;&nbsp; BLP Commercial Mortgage Trust, Ser 2023-IND, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.021%, TSFR1M + 1.692%, 03/15/2040(A)(E) | 1000 | 995 |
| &nbsp;&nbsp;&nbsp; BLP Commercial Mortgage Trust, Ser 2024-IND2, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.020%, TSFR1M + 1.692%, 03/15/2041(A)(E) | 854 | 854 |
| &nbsp;&nbsp;&nbsp; BLP Commercial Mortgage Trust, Ser 2025-IND, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.879%, TSFR1M + 1.550%, 03/15/2042(A)(E) | 1000 | 987 |
| &nbsp;&nbsp;&nbsp; BOCA Commercial Mortgage Trust, Ser 2024-BOCA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.249%, TSFR1M + 1.921%, 08/15/2041(A)(E) | 1390 | 1392 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2020-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.449%, 05/25/2060(A)(E) | 20 | 20 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2021-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.941%, 02/25/2049(A)(E) | 43 | 40 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2021-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.970%, 03/25/2060(A)(E) | 34 | 33 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2021-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.699%, 04/25/2060(A)(E) | 87 | 81 |
| &nbsp;&nbsp;&nbsp; BSPRT Issuer, Ser 2022-FL8, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.832%, SOFR30A + 1.500%, 02/15/2037(A)(E) | 120 | 120 |
| &nbsp;&nbsp;&nbsp; Bunker Hill Loan Depositary Trust, Ser 2020-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.724%, 02/25/2055(A)(E) | 10 | 10 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-VINO, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.096%, TSFR1M + 0.767%, 05/15/2038(A)(E) | $42 | $42 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-VOLT, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.543%, TSFR1M + 1.214%, 09/15/2036(A)(E) | 1000 | 994 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-VOLT, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.143%, TSFR1M + 0.814%, 09/15/2036(A)(E) | 195 | 194 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2022-CSMO, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.444%, TSFR1M + 2.115%, 06/15/2027(A)(E) | 500 | 502 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2024-MDHS, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.970%, TSFR1M + 1.641%, 05/15/2041(A)(E) | 996 | 997 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2021-SDMF, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.182%, TSFR1M + 0.852%, 09/15/2034(A)(E) | 942 | 935 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2022-LBA6, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.329%, TSFR1M + 1.000%, 01/15/2039(A)(E) | 210 | 210 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2023-DELC, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.019%, TSFR1M + 2.690%, 05/15/2038(A)(E) | 1500 | 1506 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2024-BIO, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.971%, TSFR1M + 1.642%, 02/15/2041(A)(E) | 1396 | 1391 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2024-FNX, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.771%, TSFR1M + 1.442%, 11/15/2041(A)(E) | 690 | 691 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2024-VLT4, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.270%, TSFR1M + 1.941%, 07/15/2029(A)(E) | 1500 | 1494 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2025-LUNR, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.830%, TSFR1M + 1.500%, 06/09/2040(A)(E) | 500 | 500 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2025-TAIL, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, TSFR1M + 1.400%, 06/15/2035(A)(E) | 500 | 501 |
| &nbsp;&nbsp;&nbsp; BX, Ser 2021-MFM1, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.644%, TSFR1M + 1.314%, 01/15/2034(A)(E) | 700 | 698 |
| &nbsp;&nbsp;&nbsp; CD Mortgage Trust, Ser 2016-CD1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.459%, 08/10/2049 | 823 | 806 |
| &nbsp;&nbsp;&nbsp; Chase Mortgage Finance Trust, Ser 2007-A1, Cl 7A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.294%, 02/25/2037(A) | 15 | 15 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Chase Mortgage Finance Trust, Ser 2007-A2, Cl 2A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.675%, 06/25/2035(A) | $190 | $189 |
| &nbsp;&nbsp;&nbsp; CHL Mortgage Pass-Through Trust, Ser 2004-8, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/25/2019 | 6 |  |
| &nbsp;&nbsp;&nbsp; COLT Funding LLC, Ser 2021-3R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.051%, 12/25/2064(A)(E) | 62 | 57 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2020-2R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.325%, 10/26/2065(A)(E) | 23 | 21 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.910%, 06/25/2066(A)(E) | 92 | 79 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.924%, 08/25/2066(A)(E) | 176 | 147 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-2R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.798%, 07/27/2054(E) | 40 | 37 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.397%, 10/25/2066(A)(E) | 261 | 221 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-HX1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.110%, 10/25/2066(A)(E) | 270 | 230 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2022-7, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.162%, 04/25/2067(E)(F) | 653 | 649 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2024-6, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.847%, 11/25/2069(E)(F) | 922 | 920 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Pass-Through Certificates, Ser 2021-1R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.857%, 05/25/2065(A)(E) | 82 | 74 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R03, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.422%, SOFR30A + 2.100%, 03/25/2042(A)(E) | 437 | 444 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R04, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.322%, SOFR30A + 2.000%, 03/25/2042(A)(E) | 605 | 614 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R05, Cl 2M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.322%, SOFR30A + 3.000%, 04/25/2042(A)(E) | 1000 | 1027 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R05, Cl 2M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.222%, SOFR30A + 1.900%, 04/25/2042(A)(E) | 126 | 127 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R07, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.271%, SOFR30A + 2.950%, 06/25/2042(A)(E) | 702 | 719 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R01, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.721%, SOFR30A + 2.400%, 12/25/2042(A)(E) | $819 | $837 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R04, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.621%, SOFR30A + 2.300%, 05/25/2043(A)(E) | 2014 | 2055 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R05, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.221%, SOFR30A + 1.900%, 06/25/2043(A)(E) | 1440 | 1456 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R06, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.022%, SOFR30A + 1.700%, 07/25/2043(A)(E) | 468 | 470 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R07, Cl 2M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.271%, SOFR30A + 1.950%, 09/25/2043(A)(E) | 573 | 577 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2024-R04, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.972%, SOFR30A + 1.650%, 05/25/2044(A)(E) | 600 | 602 |
| &nbsp;&nbsp;&nbsp; Cross Mortgage Trust, Ser 2023-H1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.615%, 03/25/2068(E)(F) | 1243 | 1250 |
| &nbsp;&nbsp;&nbsp; Cross Mortgage Trust, Ser 2024-H2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.518%, 04/25/2069(E)(F) | 612 | 615 |
| &nbsp;&nbsp;&nbsp; CSFB Mortgage-Backed Pass-Through Certificates, Ser 2004-AR5, Cl 6A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.070%, 06/25/2034(A) | 641 | 632 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2021-AFC1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.830%, 03/25/2056(A)(E) | 108 | 86 |
| &nbsp;&nbsp;&nbsp; CSMC, Ser 2021-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.809%, 05/25/2065(A)(E) | 86 | 78 |
| &nbsp;&nbsp;&nbsp; Deephaven Residential Mortgage Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.715%, 05/25/2065(A)(E) | 22 | 21 |
| &nbsp;&nbsp;&nbsp; Deephaven Residential Mortgage Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.899%, 04/25/2066(A)(E) | 38 | 33 |
| &nbsp;&nbsp;&nbsp; Deephaven Residential Mortgage Trust, Ser 2021-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.260%, 04/25/2066(A)(E) | 381 | 336 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust, Ser 2019-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.892%, 11/25/2059(A)(E) | 207 | 195 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust, Ser 2020-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.178%, 10/25/2065(A)(E) | 307 | 287 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.797%, 02/25/2066(A)(E) | 25 | 21 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.931%, 06/25/2066(A)(E) | $73 | $60 |
| &nbsp;&nbsp;&nbsp; ELP Commercial Mortgage Trust, Ser 2021-ELP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.145%, TSFR1M + 0.815%, 11/15/2038(A)(E) | 350 | 349 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2021-DNA5, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.972%, SOFR30A + 1.650%, 01/25/2034(A)(E) | 89 | 89 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-DNA2, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.072%, SOFR30A + 3.750%, 02/25/2042(A)(E) | 500 | 520 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-DNA3, Cl M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.222%, SOFR30A + 2.900%, 04/25/2042(A)(E) | 2000 | 2060 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-HQA1, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.422%, SOFR30A + 2.100%, 03/25/2042(A)(E) | 584 | 587 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-HQA2, Cl M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.322%, SOFR30A + 4.000%, 07/25/2042(A)(E) | 1000 | 1056 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-HQA2, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.972%, SOFR30A + 2.650%, 07/25/2042(A)(E) | 124 | 127 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-DNA1, Cl M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.421%, SOFR30A + 3.100%, 03/25/2043(A)(E) | 2000 | 2085 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-DNA2, Cl M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.571%, SOFR30A + 3.250%, 04/25/2043(A)(E) | 1000 | 1048 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-DNA2, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.421%, SOFR30A + 2.100%, 04/25/2043(A)(E) | 730 | 743 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-HQA1, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.322%, SOFR30A + 2.000%, 05/25/2043(A)(E) | 1099 | 1110 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-HQA1, Cl M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.822%, SOFR30A + 3.500%, 05/25/2043(A)(E) | 2000 | 2110 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-HQA2, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.322%, SOFR30A + 2.000%, 06/25/2043(A)(E) | $432 | $434 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-HQA3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.172%, SOFR30A + 1.850%, 11/25/2043(A)(E) | 913 | 924 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2024-HQA1, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.322%, SOFR30A + 2.000%, 03/25/2044(A)(E) | 250 | 252 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2024-HQA1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.572%, SOFR30A + 1.250%, 03/25/2044(A)(E) | 1700 | 1704 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2024-HQA2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.572%, SOFR30A + 1.250%, 08/25/2044(A)(E) | 462 | 464 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2025-DNA2, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.531%, SOFR30A + 1.200%, 05/25/2045(A)(E) | 500 | 505 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2025-HQA1, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.472%, SOFR30A + 1.150%, 02/25/2045(A)(E) | 877 | 876 |
| &nbsp;&nbsp;&nbsp; Fontainebleau Miami Beach Mortgage Trust, Ser 2024-FBLU, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.779%, TSFR1M + 1.450%, 12/15/2039(A)(E) | 1000 | 995 |
| &nbsp;&nbsp;&nbsp; FS Commercial Mortgage Trust, Ser 2023-4SZN, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.066%, 11/10/2039(E) | 600 | 616 |
| &nbsp;&nbsp;&nbsp; GCAT Trust, Ser 2020-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.555%, 04/25/2065(E)(F) | 29 | 28 |
| &nbsp;&nbsp;&nbsp; GCAT Trust, Ser 2021-CM1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.469%, 04/25/2065(A)(E) | 104 | 99 |
| &nbsp;&nbsp;&nbsp; GCAT Trust, Ser 2021-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.874%, 01/25/2066(A)(E) | 55 | 47 |
| &nbsp;&nbsp;&nbsp; GCAT Trust, Ser 2021-NQM5, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.262%, 07/25/2066(A)(E) | 400 | 334 |
| &nbsp;&nbsp;&nbsp; GCAT Trust, Ser 2025-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.604%, 04/25/2070(E)(F) | 500 | 500 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2020-DUNE, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, TSFR1M + 1.614%, 12/15/2036(A)(E) | 462 | 458 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2021-STAR, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, TSFR1M + 1.514%, 12/15/2036(A)(E) | 1000 | 995 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust, Ser 2021-NQM1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.275%, 07/25/2061(A)(E) | $605 | $542 |
| &nbsp;&nbsp;&nbsp; GSR Mortgage Loan Trust, Ser 2005-AR1, Cl 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.922%, 01/25/2035(A) | 27 | 25 |
| &nbsp;&nbsp;&nbsp; GSR Mortgage Loan Trust, Ser 2005-AR2, Cl 1A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.443%, 04/25/2035(A) | 107 | 92 |
| &nbsp;&nbsp;&nbsp; GWT, Ser 2024-WLF2, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.469%, TSFR1M + 2.141%, 05/15/2041(A)(E) | 1000 | 999 |
| &nbsp;&nbsp;&nbsp; GWT, Ser 2024-WLF2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.020%, TSFR1M + 1.691%, 05/15/2041(A)(E) | 500 | 500 |
| &nbsp;&nbsp;&nbsp; HarborView Mortgage Loan Trust, Ser 2004-6, Cl 4A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.349%, 08/19/2034(A) | 481 | 471 |
| &nbsp;&nbsp;&nbsp; Hawaii Hotel Trust, Ser 2025-MAUI, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.071%, TSFR1M + 1.742%, 03/15/2042(A)(E) | 1000 | 995 |
| &nbsp;&nbsp;&nbsp; HILT COMMERCIAL MORTGAGE TRUST, Ser 2024-ORL, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.269%, TSFR1M + 1.941%, 05/15/2037(A)(E) | 1000 | 998 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust, Ser 2021-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.071%, 06/25/2056(A)(E) | 143 | 124 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust, Ser 2021-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.073%, 09/25/2056(A)(E) | 114 | 96 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust, Ser 2021-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.595%, 11/25/2056(A)(E) | 118 | 102 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust, Ser 2022-NQM5, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 08/25/2067(E)(F) | 280 | 280 |
| &nbsp;&nbsp;&nbsp; INTOWN Mortgage Trust, Ser 2025-STAY, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.679%, TSFR1M + 1.350%, 03/15/2042(A)(E) | 1500 | 1492 |
| &nbsp;&nbsp;&nbsp; J.P. Morgan Chase Commercial Mortgage Securities Trust, Ser 2024-OMNI, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.797%, 10/05/2039(A)(E) | 500 | 506 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2020-NNN, Cl XAFX, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.876%, 01/16/2037(A)(E) | 12500 | 344 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, Ser 2005-A3, Cl 6A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.736%, 06/25/2035(A) | 125 | 125 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, Ser 2005-A4, Cl 4A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.128%, 07/25/2035(A) | 97 | 98 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, Ser 2007-A1, Cl 5A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.376%, 07/25/2035(A) | $161 | $163 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, Ser 2018-7FRB, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.189%, TSFR1M + 0.864%, 04/25/2046(A)(E) | 42 | 41 |
| &nbsp;&nbsp;&nbsp; Life Mortgage Trust, Ser 2022-BMR2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.624%, TSFR1M + 1.295%, 05/15/2039(A)(E) | 1000 | 970 |
| &nbsp;&nbsp;&nbsp; Manhattan West Mortgage Trust, Ser 2020-1MW, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.130%, 09/10/2039(E) | 500 | 469 |
| &nbsp;&nbsp;&nbsp; MED Commercial Mortgage Trust, Ser 2024-MOB, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.920%, TSFR1M + 1.592%, 05/15/2041(A)(E) | 1500 | 1494 |
| &nbsp;&nbsp;&nbsp; Mellon Residential Funding, Ser 1999-TBC3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.124%, 10/20/2029(A) | 52 | 51 |
| &nbsp;&nbsp;&nbsp; Merrill Lynch Mortgage Investors Trust, Ser 2004-1, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.419%, 12/25/2034(A) | 298 | 280 |
| &nbsp;&nbsp;&nbsp; Merrill Lynch Mortgage Investors Trust, Ser 2005-A2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.578%, 02/25/2035(A) | 286 | 254 |
| &nbsp;&nbsp;&nbsp; Merrill Lynch Mortgage Investors Trust, Ser 2005-A2, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.578%, 02/25/2035(A) | 212 | 201 |
| &nbsp;&nbsp;&nbsp; Merrill Lynch Mortgage Investors Trust, Ser 2005-A4, Cl 1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.455%, 07/25/2035(A) | 226 | 94 |
| &nbsp;&nbsp;&nbsp; Merrill Lynch Mortgage Investors Trust, Ser 2007-1, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.701%, 01/25/2037(A) | 134 | 134 |
| &nbsp;&nbsp;&nbsp; MetLife Securitization Trust, Ser 2017-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 04/25/2055(A)(E) | 85 | 81 |
| &nbsp;&nbsp;&nbsp; MF1, Ser 2022-FL8, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.674%, TSFR1M + 1.350%, 02/19/2037(A)(E) | 182 | 181 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2020-NQM1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 08/25/2049(A)(E) | 484 | 455 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2020-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.479%, 03/25/2065(A)(E) | 316 | 304 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2020-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.014%, 01/26/2065(A)(E) | 22 | 20 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2021-INV1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.852%, 01/25/2056(A)(E) | 28 | 27 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2021-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.153%, 04/25/2065(A)(E) | 59 | 56 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2021-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.029%, 11/25/2064(A)(E) | 88 | 77 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; MHP, Ser 2021-STOR, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.144%, TSFR1M + 0.814%, 07/15/2038(A)(E) | $105 | $105 |
| &nbsp;&nbsp;&nbsp; MHP, Ser 2022-MHIL, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.443%, TSFR1M + 1.114%, 01/15/2039(A)(E) | 800 | 796 |
| &nbsp;&nbsp;&nbsp; MHP, Ser 2022-MHIL, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.143%, TSFR1M + 0.815%, 01/15/2039(A)(E) | 68 | 68 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2017-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 01/25/2061(A)(E) | 3 | 3 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2021-NMR1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.125%, 11/25/2060(A)(E) | 47 | 45 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Mortgage Loan Trust, Ser 2004-10AR, Cl 1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.862%, 11/25/2034(A) | 505 | 484 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Mortgage Loan Trust, Ser 2004-5AR, Cl 3A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.376%, 07/25/2034(A) | 164 | 162 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Mortgage Loan Trust, Ser 2004-8AR, Cl 4A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.747%, 10/25/2034(A) | 344 | 335 |
| &nbsp;&nbsp;&nbsp; Neighborly Issuer LLC, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.308%, 01/30/2053(E) | 978 | 989 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2017-3A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/25/2057(A)(E) | 86 | 83 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2017-5A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.939%, TSFR1M + 1.614%, 06/25/2057(A)(E) | 658 | 667 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2017-6A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 08/27/2057(A)(E) | 227 | 219 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2018-1A, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 12/25/2057(A)(E) | 336 | 325 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2018-4A, Cl A1S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.189%, TSFR1M + 0.864%, 01/25/2048(A)(E) | 1084 | 1061 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2018-4A, Cl A1M |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.339%, TSFR1M + 1.014%, 01/25/2048(A)(E) | 671 | 657 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2018-4A, Cl B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.489%, TSFR1M + 1.164%, 01/25/2048(A)(E) | 1496 | 1497 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2020-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.464%, 01/26/2060(A)(E) | 53 | 50 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2020-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 05/24/2060(A)(E) | $14 | $13 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2021-NQ2R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.941%, 10/25/2058(A)(E) | 28 | 27 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2021-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.156%, 11/27/2056(A)(E) | 186 | 161 |
| &nbsp;&nbsp;&nbsp; NYC Commercial Mortgage Trust, Ser 2025-3BP, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.021%, TSFR1M + 1.692%, 02/15/2042(A)(E) | 1000 | 991 |
| &nbsp;&nbsp;&nbsp; OBX Trust, Ser 2018-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.089%, TSFR1M + 0.764%, 06/25/2057(A)(E) | 476 | 467 |
| &nbsp;&nbsp;&nbsp; OBX Trust, Ser 2020-INV1, Cl A11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.341%, TSFR1M + 1.014%, 12/25/2049(A)(E) | 267 | 254 |
| &nbsp;&nbsp;&nbsp; OBX Trust, Ser 2023-NQM8, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.045%, 09/25/2063(E)(F) | 523 | 530 |
| &nbsp;&nbsp;&nbsp; Residential Asset Securitization Trust, Ser 2007-A8, Cl 3A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.240%, 12/25/2038(A) | 416 | 203 |
| &nbsp;&nbsp;&nbsp; Residential Mortgage Loan Trust, Ser 2019-3, Cl B2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.664%, 09/25/2059(A)(E) | 500 | 486 |
| &nbsp;&nbsp;&nbsp; Residential Mortgage Loan Trust, Ser 2020-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.376%, 01/26/2060(A)(E) | 4 | 4 |
| &nbsp;&nbsp;&nbsp; SG Residential Mortgage Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.737%, 12/25/2061(A)(E) | 1397 | 1191 |
| &nbsp;&nbsp;&nbsp; SHR Trust, Ser 2024-LXRY, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.279%, TSFR1M + 1.950%, 10/15/2041(A)(E) | 1000 | 1001 |
| &nbsp;&nbsp;&nbsp; SMRT, Ser 2022-MINI, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.679%, TSFR1M + 1.350%, 01/15/2039(A)(E) | 500 | 495 |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.219%, 05/25/2065(A)(E) | 58 | 54 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2020-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.275%, 02/25/2050(A)(E) | 6 | 6 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2020-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.486%, 04/25/2065(A)(E) | 220 | 210 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.943%, 05/25/2065(A)(E) | 27 | 25 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2021-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.127%, 06/25/2056(A)(E) | 113 | 95 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Structured Adjustable Rate Mortgage Loan Trust, Ser 2005-7, Cl 1A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.564%, 04/25/2035(A) | $446 | $404 |
| &nbsp;&nbsp;&nbsp; SWCH Commercial Mortgage Trust, Ser 2025-DATA, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.171%, TSFR1M + 1.842%, 02/15/2042(A)(E) | 1000 | 989 |
| &nbsp;&nbsp;&nbsp; TEXAS Commercial Mortgage Trust, Ser 2025-TWR, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.622%, TSFR1M + 1.293%, 04/15/2042(A)(E) | 1250 | 1244 |
| &nbsp;&nbsp;&nbsp; Thornburg Mortgage Securities Trust, Ser 2005-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.665%, 04/25/2045(A) | 452 | 440 |
| &nbsp;&nbsp;&nbsp; Toorak Mortgage Trust, Ser 2024-RRTL2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.504%, 09/25/2039(E)(F) | 800 | 796 |
| &nbsp;&nbsp;&nbsp; Toorak Trust, Ser 2021-INV1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.153%, 07/25/2056(A)(E) | 916 | 810 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2017-6, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 10/25/2057(A)(E) | 72 | 70 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2019-HY2, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.339%, TSFR1M + 2.014%, 05/25/2058(A)(E) | 3000 | 3033 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2021-SJ2, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 12/25/2061(A)(E) | 699 | 675 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2024-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.827%, 03/25/2064(A)(E) | 786 | 793 |
| &nbsp;&nbsp;&nbsp; Velocity Commercial Capital Loan Trust, Ser 2020-1, Cl AFX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.610%, 02/25/2050(A)(E) | 476 | 429 |
| &nbsp;&nbsp;&nbsp; Velocity Commercial Capital Loan Trust, Ser 2021-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.400%, 05/25/2051(A)(E) | 551 | 477 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2020-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.417%, 01/25/2060(E)(F) | 6 | 6 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2020-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.502%, 05/25/2065(E)(F) | 10 | 10 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2020-5, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.733%, 05/25/2065(E)(F) | 546 | 526 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.815%, 01/25/2066(A)(E) | 48 | 43 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.052%, 01/25/2066(A)(E) | 109 | 96 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.031%, 02/25/2066(A)(E) | 68 | 60 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-4, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.247%, 07/25/2066(A)(E) | 545 | 451 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.938%, 07/25/2066(A)(E) | $106 | $88 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-R2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.918%, 02/25/2064(A)(E) | 568 | 523 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-R3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.020%, 04/25/2064(A)(E) | 51 | 48 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2023-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.930%, 03/25/2068(E)(F) | 603 | 603 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2024-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.501%, 02/25/2069(E)(F) | 569 | 573 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2024-7, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 09/25/2069(E)(F) | 445 | 443 |
| &nbsp;&nbsp;&nbsp; Visio Trust, Ser 2020-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.521%, 08/25/2055(A)(E) | 230 | 217 |
| &nbsp;&nbsp;&nbsp; Visio Trust, Ser 2020-1R, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.567%, 11/25/2055(E) | 188 | 179 |
| &nbsp;&nbsp;&nbsp; Visio Trust, Ser 2021-1R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.280%, 05/25/2056(E) | 608 | 561 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2003-AR10, Cl A7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.501%, 10/25/2033(A) | 387 | 373 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2003-AR7, Cl A7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.565%, 08/25/2033(A) | 374 | 372 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2004-AR11, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.929%, 10/25/2034(A) | 260 | 253 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2004-AR14, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.326%, 01/25/2035(A) | 725 | 680 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2004-AR2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.897%, 12MTA + 1.400%, 04/25/2044(A) | 1068 | 1037 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2004-AR9, Cl A7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.987%, 08/25/2034(A) | 1119 | 1090 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Mortgage-Backed Securities Trust, Ser 2004-K, Cl 1A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.490%, 07/25/2034(A) | 62 | 63 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Mortgage-Backed Securities Trust, Ser 2004-U, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.300%, 10/25/2034(A) | 410 | 405 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; WMRK Commercial Mortgage Trust, Ser 2022-WMRK, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.118%, TSFR1M + 2.789%, 11/15/2027(A)(E) | $| 1385 | $| 1385 |
|  |  |  |  | 107537 |
|  Total Mortgage-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $114,299) ($ Thousands) |  |  |  | 112700 |
| **CORPORATE OBLIGATIONS — 5.0%** | **CORPORATE OBLIGATIONS — 5.0%** | **CORPORATE OBLIGATIONS — 5.0%** | **CORPORATE OBLIGATIONS — 5.0%** | **CORPORATE OBLIGATIONS — 5.0%** |
| **Communication Services — 0.1%** | **Communication Services — 0.1%** | **Communication Services — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Level 3 Financing  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 11/15/2029 (E) |  | 200 |  | 227 |
| &nbsp;&nbsp;&nbsp; Univision Communications  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 08/15/2028 (E) |  | 300 |  | 300 |
|  |  |  |  | 527 |
| **Consumer Discretionary — 0.5%** | **Consumer Discretionary — 0.5%** | **Consumer Discretionary — 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp; AutoZone  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 07/15/2026  |  | 150 |  | 151 |
| &nbsp;&nbsp;&nbsp; BMW US Capital LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 08/12/2026 (E) |  | 250 |  | 241 |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 02/15/2030 (E) |  | 300 |  | 308 |
| &nbsp;&nbsp;&nbsp; Churchill Downs  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/15/2028 (E) |  | 200 |  | 195 |
| &nbsp;&nbsp;&nbsp; Hyundai Capital America  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 06/24/2026 (E) |  | 125 |  | 126 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Finance North America LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 07/31/2026 (E) |  | 250 |  | 251 |
| &nbsp;&nbsp;&nbsp; QXO Building Products  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 04/30/2032 (E) |  | 135 |  | 138 |
| &nbsp;&nbsp;&nbsp; Specialty Building Products Holdings LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 10/15/2029 (E) |  | 425 |  | 407 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Credit  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/14/2027  |  | 175 |  | 175 |
|  |  |  |  | 1992 |
| **Consumer Staples — 0.1%** | **Consumer Staples — 0.1%** | **Consumer Staples — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Mars  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 03/01/2027 (E) |  | 245 |  | 245 |
| &nbsp;&nbsp;&nbsp; PeaceHealth Obligated Group  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.375%, 11/15/2025  |  | 325 |  | 320 |
|  |  |  |  | 565 |
| **Energy — 0.2%** | **Energy — 0.2%** | **Energy — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Ascent Resources Utica Holdings LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 10/15/2032 (E) |  | 266 |  | 268 |
| &nbsp;&nbsp;&nbsp; Gray Oak Pipeline LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 10/15/2025 (E) |  | 300 |  | 296 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; ONEOK  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 11/01/2026  | $| 200 | $202 |
| &nbsp;&nbsp;&nbsp; Williams  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/02/2026  |  | 125 | 126 |
|  |  |  | 892 |
| **Financials — 2.2%** | **Financials — 2.2%** | **Financials — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/15/2027 (E) |  | 500 | 486 |
| &nbsp;&nbsp;&nbsp; Athene Global Funding  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.684%, 02/23/2026 (E) |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.349%, 07/09/2027 (E) |  | 90 | 91 |
| &nbsp;&nbsp;&nbsp; Bank of America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 08/18/2025  |  | 250 | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.623%, SOFRRATE + 1.110%, 05/09/2029 (A) |  | 125 | 125 |
| &nbsp;&nbsp;&nbsp; Bank of America MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/19/2026  |  | 200 | 198 |
| &nbsp;&nbsp;&nbsp; Bank of Nova Scotia  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 06/12/2025  |  | 125 | 125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.300%, 06/11/2025  |  | 175 | 175 |
| &nbsp;&nbsp;&nbsp; BroadStreet Partners  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 04/15/2029 (E) |  | 600 | 591 |
| &nbsp;&nbsp;&nbsp; Brookfield Property  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/2027 (E) |  | 292 | 284 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.237%, 06/28/2027  |  | 90 | 91 |
| &nbsp;&nbsp;&nbsp; Citigroup  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.610%, SOFRRATE + 1.546%, 09/29/2026 (A) |  | 225 | 225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 06/10/2025  |  | 200 | 200 |
| &nbsp;&nbsp;&nbsp; Cooperatieve Rabobank UA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.372%, 05/27/2027  |  | 250 | 251 |
| &nbsp;&nbsp;&nbsp; Danske Bank MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.259%, H15T1Y + 1.180%, 09/22/2026 (A)(E) |  | 200 | 201 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank NY  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.582%, SOFRRATE + 1.219%, 11/16/2027 (A) |  | 325 | 324 |
| &nbsp;&nbsp;&nbsp; Equitable Financial Life Global Funding  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.400%, 07/07/2025 (E) |  | 125 | 125 |
| &nbsp;&nbsp;&nbsp; Focus Financial Partners LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 09/15/2031 (E) |  | 270 | 273 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Bank USA NY  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.414%, SOFRRATE + 0.750%, 05/21/2027 (A) |  | 125 | 126 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.798%, SOFRRATE + 1.075%, 08/10/2026 (A) |  | 175 | 175 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.240%, SOFRRATE + 0.885%, 04/22/2027 (A) |  | 475 | 476 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.045%, SOFRRATE + 0.800%, 11/19/2026 (A) | $| 225 | $221 |
| &nbsp;&nbsp;&nbsp; Lincoln Financial Global Funding  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 05/28/2028 (E) |  | 150 | 150 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.985%, SOFRRATE + 0.720%, 12/10/2026 (A) |  | 225 | 220 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/23/2025  |  | 200 | 200 |
| &nbsp;&nbsp;&nbsp; Nasdaq  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 06/28/2025  |  | 101 | 101 |
| &nbsp;&nbsp;&nbsp; Nationwide Building Society MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 07/21/2025 (E) |  | 250 | 250 |
| &nbsp;&nbsp;&nbsp; Pacific Life Global Funding II  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/28/2026 (E) |  | 125 | 127 |
| &nbsp;&nbsp;&nbsp; PNC Bank  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.775%, SOFRRATE + 0.504%, 01/15/2027 (A) |  | 250 | 250 |
| &nbsp;&nbsp;&nbsp; Principal Life Global Funding II  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 04/18/2026 (E) |  | 250 | 247 |
| &nbsp;&nbsp;&nbsp; Royal Bank of Canada MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.150%, 06/10/2025  |  | 250 | 250 |
| &nbsp;&nbsp;&nbsp; Ryan Specialty LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 08/01/2032 (E) |  | 146 | 145 |
| &nbsp;&nbsp;&nbsp; Truist Bank  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.671%, SOFRRATE + 0.590%, 05/20/2027 (A) |  | 250 | 250 |
| &nbsp;&nbsp;&nbsp; UBS  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.864%, SOFRRATE + 0.720%, 01/10/2028 (A) |  | 250 | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 06/01/2026  |  | 275 | 267 |
| &nbsp;&nbsp;&nbsp; USI  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 01/15/2032 (E) |  | 500 | 524 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Bank  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 08/01/2025  |  | 250 | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.811%, 01/15/2026  |  | 250 | 251 |
| &nbsp;&nbsp;&nbsp; WEX  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 03/15/2033 (E) |  | 250 | 247 |
|  |  |  | 9094 |
| **Health Care — 0.2%** | **Health Care — 0.2%** | **Health Care — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Grifols  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/2028 (E) |  | 400 | 380 |
| &nbsp;&nbsp;&nbsp; Medline Borrower LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/01/2029 (E) |  | 125 | 118 |
| &nbsp;&nbsp;&nbsp; Stryker  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 02/10/2027  |  | 150 | 151 |
|  |  |  | 649 |
| **Industrials — 0.7%** | **Industrials — 0.7%** | **Industrials — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Air Lease MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 01/15/2026  |  | 250 | 247 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; American Airlines  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/20/2026 (E) | $| 67 | $66 |
| &nbsp;&nbsp;&nbsp; Caterpillar Financial Services  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 01/07/2027  |  | 150 | 151 |
| &nbsp;&nbsp;&nbsp; Clean Harbors  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 07/15/2027 (E) |  | 489 | 484 |
| &nbsp;&nbsp;&nbsp; CP Atlas Buyer  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 12/01/2028 (E) |  | 400 | 332 |
| &nbsp;&nbsp;&nbsp; John Deere Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 01/08/2027  |  | 150 | 151 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/30/2027 (E) |  | 300 | 300 |
| &nbsp;&nbsp;&nbsp; Trident TPI Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.750%, 12/31/2028 (E) |  | 675 | 706 |
| &nbsp;&nbsp;&nbsp; Wilsonart LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 08/15/2032 (E) |  | 299 | 263 |
|  |  |  | 2700 |
| **Information Technology — 0.1%** | **Information Technology — 0.1%** | **Information Technology — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Diebold Nixdorf  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 03/31/2030 (E) |  | 500 | 525 |
| **Materials — 0.4%** | **Materials — 0.4%** | **Materials — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; International Flavors and Fragrances  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.230%, 10/01/2025 (E) |  | 62 | 61 |
| &nbsp;&nbsp;&nbsp; Kobe US Midco 2  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%cash/0% PIK, 11/01/2026 (E) |  | 992 | 879 |
| &nbsp;&nbsp;&nbsp; OCI  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 03/16/2033 (E) |  | 499 | 546 |
|  |  |  | 1486 |
| **Real Estate — 0.2%** | **Real Estate — 0.2%** | **Real Estate — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; ERP Operating  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 06/01/2025  |  | 125 | 125 |
| &nbsp;&nbsp;&nbsp; Iron Mountain  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 09/15/2027 (E) |  | 500 | 494 |
|  |  |  | 619 |
| **Utilities — 0.3%** | **Utilities — 0.3%** | **Utilities — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Alliant Energy Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 06/06/2027 (E) |  | 100 | 101 |
| &nbsp;&nbsp;&nbsp; American Electric Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.699%, 08/15/2025  |  | 150 | 150 |
| &nbsp;&nbsp;&nbsp; Consumers Securitization Funding LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 03/01/2028  |  | 42 | 42 |
| &nbsp;&nbsp;&nbsp; DTE Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/14/2027  |  | 80 | 80 |
| &nbsp;&nbsp;&nbsp; Duke Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 12/08/2025  |  | 250 | 250 |
| &nbsp;&nbsp;&nbsp; Emera US Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 06/15/2026  |  | 125 | 123 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Georgia Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.636%, SOFRINDX + 0.280%, 09/15/2026 (A) | 275 | $| 275 |
| &nbsp;&nbsp;&nbsp; Spire  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 03/01/2026  | 150 |  | 151 |
|  |  |  | 1172 |
|  Total Corporate Obligations |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $20,410) ($ Thousands) |  |  | 20221 |
| **U.S. TREASURY OBLIGATIONS — 1.3%** | **U.S. TREASURY OBLIGATIONS — 1.3%** | **U.S. TREASURY OBLIGATIONS — 1.3%** | **U.S. TREASURY OBLIGATIONS — 1.3%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.263%, 07/15/2025 (G) | 1000 |  | 995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.263%, 07/22/2025 (G) | 1000 |  | 994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.249%, 06/03/2025 (G) | 2475 |  | 2475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.246%, 12/26/2025 (G) | 525 |  | 512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.223%, 02/19/2026 (G)(H) | 525 |  | 510 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $5,485) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $5,485) ($ Thousands) |  | 5486 |
|  | Number of<br> Warrants |  |  |
| **WARRANTS — 0.2%** | **WARRANTS — 0.2%** | **WARRANTS — 0.2%** | **WARRANTS — 0.2%** |
| &nbsp;&nbsp;&nbsp; Air Methods |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $– <sup>\*</sup><sup>‡</sup><sup>‡</sup>(C)(I) | 5986 |  | 820 |
|  Total Warrants |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $111) ($ Thousands) |  |  | 820 |
|  | Face Amount <br> (Thousands) |  |  |
| **COMMERCIAL PAPER — 0.2%** | **COMMERCIAL PAPER — 0.2%** | **COMMERCIAL PAPER — 0.2%** | **COMMERCIAL PAPER — 0.2%** |
| **Commercial Paper — 0.2%** | **Commercial Paper — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp; ANZ Group Holdings LTD |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 08/27/2025 (D) | 325 |  | 325 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Credit Corp |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.446%, 07/28/2025 (G) | 325 |  | 323 |
|  |  |  | 648 |
|  Total Commercial Paper | Total Commercial Paper |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $648) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $648) ($ Thousands) |  | 648 |
|  | <br> Shares |  |  |
| **COMMON STOCK — 0.1%** | **COMMON STOCK — 0.1%** | **COMMON STOCK — 0.1%** | **COMMON STOCK — 0.1%** |
| &nbsp;&nbsp;&nbsp; Air Methods <sup>\*</sup>(C)(I) | 2388 |  | 327 |
| &nbsp;&nbsp;&nbsp; TMK Hawk Parent Corp. <sup>\*</sup>(C)(I) | 7227 |  | 76 |
|  Total Common Stock  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $109) ($ Thousands) |  |  | 403 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BOND — 0.0%** | **MUNICIPAL BOND — 0.0%** | **MUNICIPAL BOND — 0.0%** |
| **New Jersey — 0.0%** | **New Jersey — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, Ser BB, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.093%, 06/15/2025  | $120 | $120 |
|  Total Municipal Bond |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $120) ($ Thousands) |  | 120 |
|  | <br> Shares |  |
| **CASH EQUIVALENT — 4.1%** | **CASH EQUIVALENT — 4.1%** | **CASH EQUIVALENT — 4.1%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 16675286 | 16675 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $16,675) ($ Thousands) |  | 16675 |
|  | Face Amount <br> (Thousands) |  |
| **REPURCHASE AGREEMENT(J) — 2.0%** | **REPURCHASE AGREEMENT(J) — 2.0%** | **REPURCHASE AGREEMENT(J) — 2.0%** |
| &nbsp;&nbsp;&nbsp; BNP Paribas |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.340%, dated 05/30/2025 to be repurchased on 06/02/2025, repurchase price $8,202,966 (collateralized by various U.S. Government Obligations, ranging in par value $1,000 - $9,924,350, 1.974% - 7.497%, 11/01/2025 – 06/01/2055; with total market value $8,332,047)  | $8200 | 8200 |
|  Total Repurchase Agreement |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $8,200) ($ Thousands) |  | 8200 |
| Total Investments in Securities — 101.5% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $414,838) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $414,838) ($ Thousands)  | $412848 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Depreciation(Thousands)** |
| Short Contracts |  |  |  |  |  |
| &nbsp;&nbsp; U.S. 2-Year Treasury Note | (17) | Sep-2025 | $(3524) | $(3526) | $(2) |
| &nbsp;&nbsp; U.S. 10-Year Treasury Note | (35) | Sep-2025 | (3860) | (3876) | (16) |
|  |  |  | $(7384) | $(7402) | $(18) |

---

------

SEI Institutional Investments Trust

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $406,809 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| <sup>‡</sup><sup>‡</sup> | Expiration date not available. |
| (A) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (B) | Unsettled bank loan. Interest rate may not be available. |
| (C) | Level 3 security in accordance with fair value hierarchy. |
| (D) | No interest rate available. |
| (E) | 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 May 31, 2025, the value of these securities amounted to $201,026 ($ Thousands), representing 49.4% of the Net Assets of the Fund. |
| (F) | Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
| (G) | Interest rate represents the security's effective yield at the time of purchase. |
| (H) | Security, or a portion thereof, has been pledged as collateral on open futures contracts. The total market value of such securities as of May 31, 2025 was $102 ($ Thousands). |
| (I) | Security considered restricted, excluding 144A. The total market value of such securities as of May 31, 2025 was $1,223 ($ Thousands) and represented 0.3% of the Net Assets of the Fund. See table below for acquisition dates and acquisition cost. |
| (J) | Tri-Party Repurchase Agreement. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Loan Participations |  | 122151 | 7447 | 129598 |
| &nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 117977 |  | 117977 |
| &nbsp;&nbsp;&nbsp; Mortgage-Backed Securities |  | 112700 |  | 112700 |
| &nbsp;&nbsp;&nbsp; Corporate Obligations |  | 20221 |  | 20221 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations |  | 5486 |  | 5486 |
| &nbsp;&nbsp;&nbsp; Warrants |  |  | 820 | 820 |
| &nbsp;&nbsp;&nbsp; Commercial Paper |  | 648 |  | 648 |
| &nbsp;&nbsp;&nbsp; Common Stock |  |  | 403 | 403 |
| &nbsp;&nbsp;&nbsp; Municipal Bond |  | 120 |  | 120 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 16675 |  |  | 16675 |
| &nbsp;&nbsp;&nbsp; Repurchase Agreement | – | 8200 | – | 8200 |
|  Total Investments in Securities | 16675 | 387503 | 8670 | 412848 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (18) |  |  | (18) |
|  Total Other Financial Instruments | (18) |  |  | (18) |

---

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

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining value ($ Thousands):

---

| | | | |
|:---|:---|:---|:---|
| | Investments in Loan Participations | Investments in Warrants | Investments in Common Stock |
|  Balance as of May 31, 2024 | $10689 | $348 | $216 |
|  Accrued discounts/premiums | (15) |  |  |
|  Realized gain/(loss) | (30) |  |  |
|  Change in unrealized appreciation/(depreciation) | 60 | 472 | 187 |
|  Purchases | 1497 |  |  |
|  Sales | (5645) |  |  |
|  Net transfer into Level 3 | 5623 |  |  |
|  Net transfer out of Level 3 | (4732) | – | – |
|  Ending Balance as of May 31, 2025<sup>(1)</sup> | $7447 | $820 | $403 |
|  Changes in unrealized gains/(losses) included in earnings related to securities still held at reporting date | $37 | $472 | $187 |

---

(1) Of the $8,670 ($ Thousands) in Level 3 securities as of May 31, 2025, $1,576 ($ Thousands) or 0.4% of the Net Assets of the Fund are not valued via third party pricing vendors and broker quotes. If significant, the disclosure of the unobservable inputs and the interrelationships and sensitivity between these inputs are required for those Level 3 securities that are not valued by third party pricing vendors or broker quotes.

For the year ended May 31, 2025, transfers in or out of Level 3 were due to the availability or lack of availability of observable inputs to determine fair value.

For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Opportunistic Income Fund** (Concluded)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $18309 | $224616 | $(226250) | $— | $— | $16675 | $691 | $— |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: |
| Description | Number of Warrants/Shares | Acquisition Date | Cost ($ Thousands) | Market Value<br> ($ Thousands) |
| **Warrant** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Methods | 5986 | 3/27/2024 | $111 | $820 |
| **Common Stock** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Methods | 2388 | 1/8/2024 | 33 | 327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TMK Hawk Parent Corp. | 7227 | 4/1/2024 | 77 | 76 |
|  |  |  | $221 | $1223 |

---

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

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES — 41.9%** | **MORTGAGE-BACKED SECURITIES — 41.9%** | **MORTGAGE-BACKED SECURITIES — 41.9%** |
| **Agency Mortgage-Backed Obligations — 37.0%** | **Agency Mortgage-Backed Obligations — 37.0%** |  |
| &nbsp;&nbsp;&nbsp; FHLMC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 08/01/2030 to 06/01/2032  | $33 | $35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 09/01/2025 to 03/01/2039  | 25 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/01/2031 to 03/01/2055  | 15073 | 15751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 08/01/2038 to 05/01/2055  | 98574 | 100354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/01/2035 to 05/01/2055  | 78668 | 78262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 08/01/2033 to 05/01/2055  | 52103 | 50589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 11/01/2025 to 08/01/2053  | 43578 | 41368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/01/2040 to 02/01/2053  | 37823 | 35144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/01/2033 to 11/01/2052  | 50957 | 45891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/01/2031 to 06/01/2052  | 114144 | 98871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 10/01/2031 to 07/01/2052  | 228550 | 192723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 11/01/2030 to 05/01/2052  | 161355 | 131100 |
| &nbsp;&nbsp;&nbsp; FHLMC ARM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.330%, RFUCCT1Y + 2.330%, 05/01/2036(A) | 23 | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.200%, RFUCCT1Y + 1.595%, 10/01/2036(A) | 9 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.797%, RFUCCT1Y + 1.926%, 12/01/2036(A) | 25 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, SOFR30A + 2.090%, 05/01/2055(A) | 850 | 856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.909%, RFUCCT1Y + 1.640%, 11/01/2048(A) | 692 | 718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.858%, SOFR30A + 2.246%, 06/01/2055(A) | 7838 | 7756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.843%, SOFR30A + 2.153%, 01/01/2055(A) | 2479 | 2482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.616%, SOFR30A + 2.352%, 03/01/2053(A) | 3074 | 3015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.222%, SOFR30A + 2.305%, 05/01/2053(A) | 3385 | 3340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.952%, SOFR30A + 2.140%, 08/01/2052(A) | 1249 | 1200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.340%, RFUCCT1Y + 1.619%, 11/01/2047(A) | 718 | 727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.107%, RFUCCT1Y + 1.621%, 02/01/2050(A) | 1877 | 1869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.008%, RFUCCT1Y + 1.627%, 11/01/2048(A) | 2161 | 2111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.835%, RFUCCT1Y + 1.634%, 12/01/2050(A) | 169 | 160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.576%, H15T5Y + 1.288%, 03/01/2047(A) | 365 | 348 |
| &nbsp;&nbsp;&nbsp; FHLMC Multiclass Certificates, Ser 2020-RR02, Cl BX, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.666%, 08/27/2028(A) | 2000 | 88 |
| &nbsp;&nbsp;&nbsp; FHLMC Multiclass Certificates, Ser 2021-P009, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.878%, 01/25/2031 | 975 | 857 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser 151, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.181%, 10/25/2032(A) | 18964 | 268 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser 1519, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.590%, 12/25/2035(A) | $16287 | $692 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser 152, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.154%, 11/25/2032(A) | 15282 | 196 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser 1520, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.470%, 02/25/2036(A) | 4956 | 170 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser 154, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.353%, 01/25/2033(A) | 6796 | 174 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K093, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.940%, 05/25/2029(A) | 3677 | 114 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K094, Cl XAM, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.146%, 06/25/2029(A) | 6800 | 287 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K094, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.874%, 06/25/2029(A) | 2927 | 88 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K106, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.316%, 01/25/2030(A) | 3275 | 169 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K120, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.030%, 10/25/2030(A) | 5393 | 236 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K128, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.511%, 03/25/2031(A) | 17865 | 426 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K133, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.345%, 09/25/2031(A) | 15573 | 290 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K136, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.394%, 12/25/2031(A) | 8718 | 160 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K142, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.297%, 03/25/2032(A) | 6785 | 122 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K143, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.343%, 04/25/2055(A) | 6971 | 146 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K145, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.316%, 05/25/2032(A) | 7969 | 160 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K147, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.359%, 06/25/2032(A) | 11448 | 270 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K149, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.265%, 08/25/2032(A) | 11244 | 211 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K540, Cl AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.871%, SOFR30A + 0.520%, 11/25/2029(A) | $1935 | $1936 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K742, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.768%, 03/25/2028(A) | 6105 | 75 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K745, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.836%, 06/25/2028 | 810 | 796 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser KC05, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.204%, 06/25/2027(A) | 1435 | 21 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser Q032, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 10/25/2057(A) | 2404 | 2418 |
| &nbsp;&nbsp;&nbsp; FHLMC Reference REMIC CMO, Ser 2006-R006, Cl ZA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 04/15/2036 | 395 | 416 |
| &nbsp;&nbsp;&nbsp; FHLMC Reference REMIC CMO, Ser 2006-R007, Cl ZA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/15/2036 | 350 | 363 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 1999-2174, Cl PN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 07/15/2029 | 3 | 3 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2001-2312, Cl Z |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 05/15/2031 | 25 | 25 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2002-2399, Cl XG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 01/15/2032 | 10 | 11 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2003-2671, Cl S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.606%, 09/15/2033(A) | 15 | 16 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2003-2684, Cl ZN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 10/15/2033 | 32 | 31 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2004-2733, Cl ME |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2034 | 74 | 75 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2007-3316, Cl JO, PO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 05/15/2037(B)(C) | 2 | 1 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2009-3546, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.833%, 02/15/2039(A) | 21 | 22 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2010-3693, Cl FC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.947%, SOFR30A + 0.614%, 07/15/2040(A) | 470 | 464 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2011-3866, Cl SA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.503%, 05/15/2041(A) | 205 | 15 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2011-3919, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.947%, SOFR30A + 0.614%, 09/15/2041(A) | 457 | 451 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2011-3958, Cl AF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.897%, SOFR30A + 0.564%, 11/15/2041(A) | 425 | 419 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2011-3975, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.937%, SOFR30A + 0.604%, 12/15/2041(A) | 397 | 392 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-3990, Cl FG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.897%, SOFR30A + 0.564%, 01/15/2042(A) | $498 | $491 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4010, Cl KM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 01/15/2042 | 154 | 146 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4030, Cl HS, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.163%, 04/15/2042(A) | 20 | 2 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4059, Cl FP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.897%, SOFR30A + 0.564%, 06/15/2042(A) | 566 | 558 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4091, Cl BX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 10/15/2041 | 950 | 884 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4091, Cl FN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.847%, SOFR30A + 0.514%, 08/15/2042(A) | 551 | 541 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4091, Cl MX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 02/15/2042 | 744 | 688 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4091, Cl EX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 07/15/2042 | 615 | 572 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4102, Cl TC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 09/15/2041 | 493 | 479 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4117, Cl HB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 10/15/2042 | 650 | 573 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4122, Cl FP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.847%, SOFR30A + 0.514%, 10/15/2042(A) | 659 | 646 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2013-4160, Cl HP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 01/15/2033 | 682 | 650 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2013-4161, Cl BA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 12/15/2041 | 1062 | 1035 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2013-4184, Cl FN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.797%, SOFR30A + 0.464%, 03/15/2043(A) | 366 | 359 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2013-4205, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 05/15/2043 | 463 | 395 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2013-4210, Cl Z |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 05/15/2043 | 533 | 429 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2013-4240, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.947%, SOFR30A + 0.614%, 08/15/2043(A) | 1774 | 1740 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2013-4281, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.847%, SOFR30A + 0.514%, 12/15/2043(A) | 332 | 328 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2013-4286, Cl VF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.897%, SOFR30A + 0.564%, 12/15/2043(A) | 1316 | 1292 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2014-4303, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.797%, SOFR30A + 0.464%, 02/15/2044(A) | 516 | 504 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2015-4427, Cl CE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/15/2034 | 183 | 180 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2015-4446, Cl CP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 03/15/2045 | $794 | $701 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2015-4527, Cl GA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/15/2044 | 1296 | 1238 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2015-4533, Cl AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/15/2044 | 1872 | 1791 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2016-4582, Cl HA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/15/2045 | 3008 | 2835 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2016-4587, Cl AF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.797%, SOFR30A + 0.464%, 06/15/2046(A) | 987 | 977 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2016-4604, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.847%, SOFR30A + 0.514%, 08/15/2046(A) | 2363 | 2327 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2016-4611, Cl BF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.847%, SOFR30A + 0.514%, 06/15/2041(A) | 5889 | 5832 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2016-4620, Cl LF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.847%, SOFR30A + 0.514%, 10/15/2046(A) | 1009 | 996 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2016-4628, Cl KF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.947%, SOFR30A + 0.614%, 01/15/2055(A) | 928 | 904 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2017-4709, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.747%, SOFR30A + 0.414%, 08/15/2047(A) | 619 | 608 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2017-4719, Cl LM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/15/2047 | 679 | 602 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2017-4719, Cl LA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/15/2047 | 1036 | 950 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2017-4742, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 10/15/2047 | 1069 | 970 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2018-4753, Cl BD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 01/15/2048 | 715 | 637 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2018-4813, Cl CJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/15/2048 | 250 | 214 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2018-4826, Cl KF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.747%, SOFR30A + 0.414%, 09/15/2048(A) | 588 | 572 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2018-4854, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.747%, SOFR30A + 0.414%, 01/15/2049(A) | 1591 | 1564 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2018-4857, Cl JA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 01/15/2049 | 2573 | 2443 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2019-4879, Cl BC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 04/15/2049 | 109 | 97 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2019-4880, Cl DA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 05/15/2050 | 974 | 889 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2019-4903, Cl NF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, SOFR30A + 0.514%, 08/25/2049(A) | 534 | 522 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2019-4927, Cl BG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 11/25/2049 | 1185 | 1086 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2019-4937, Cl MD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 10/25/2049 | $1173 | $1034 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2019-4940, Cl AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 05/15/2040 | 727 | 684 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2019-4941, Cl GA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 12/15/2047 | 678 | 565 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-4954, Cl LB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 02/25/2050 | 494 | 430 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-4957, Cl MY |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/25/2050 | 790 | 646 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-4980, Cl KI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/25/2050 | 3509 | 813 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-4988, Cl KF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.787%, SOFR30A + 0.464%, 07/25/2050(A) | 943 | 933 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-4991, Cl QV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 09/25/2045 | 448 | 370 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-4993, Cl KF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.887%, SOFR30A + 0.564%, 07/25/2050(A) | 5400 | 5161 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-4995, Cl IC, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 07/25/2050 | 1442 | 221 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-5004, Cl FM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.787%, SOFR30A + 0.464%, 08/25/2050(A) | 1093 | 1035 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-5012, Cl BI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/25/2050 | 5349 | 1132 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-5020, Cl ET |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 10/25/2050 | 1019 | 928 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2020-5058, Cl BC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 11/25/2050 | 755 | 737 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2021-5070, Cl DI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 02/25/2051 | 4894 | 999 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2021-5091, Cl AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 03/25/2051 | 1913 | 1536 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2021-5092, Cl AP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 04/25/2041 | 625 | 543 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2021-5092, Cl HE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 02/25/2051 | 1203 | 984 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2021-5114, Cl AD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 08/25/2047 | 7962 | 6835 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2021-5116, Cl PB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 02/25/2051 | 1264 | 1102 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2021-5118, Cl CA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 10/15/2033 | 1215 | 1114 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2021-5119, Cl QF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.522%, SOFR30A + 0.200%, 06/25/2051(A) | 1605 | 1490 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2021-5178, Cl TP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 04/25/2049 | $1767 | $1553 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2021-5182, Cl M |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 05/25/2049 | 1029 | 896 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5200, Cl KQ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/25/2049 | 137 | 125 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5201, Cl CA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 07/25/2048 | 1482 | 1347 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5202, Cl KA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 06/25/2049 | 1164 | 1021 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5202, Cl TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 12/25/2048 | 2586 | 2358 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5202, Cl BH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 12/25/2047 | 750 | 687 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5206, Cl CD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 05/25/2049 | 1404 | 1300 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5207, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/25/2051 | 1612 | 1431 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5209, Cl EJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/25/2050 | 1525 | 1390 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5209, Cl EA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/25/2050 | 1525 | 1390 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5210, Cl DC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/25/2051 | 1121 | 1042 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5217, Cl CD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 07/25/2049 | 1408 | 1303 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5220, Cl QK |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/25/2050 | 2297 | 2180 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5224, Cl HL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/25/2052 | 2000 | 1782 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2022-5228, Cl TN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 07/25/2039 | 782 | 745 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2023-5293, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 03/25/2051 | 5160 | 648 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2023-5335, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.147%, SOFR30A + 0.814%, 10/15/2039(A) | 2130 | 2130 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2023-5338, Cl FH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.747%, SOFR30A + 0.414%, 04/15/2045(A) | 1919 | 1870 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2024-5396, Cl HF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.272%, SOFR30A + 0.950%, 04/25/2054(A) | 2761 | 2775 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2024-5399, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.222%, SOFR30A + 0.900%, 04/25/2054(A) | 1603 | 1600 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2024-5410, Cl JY |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 03/15/2044 | 1201 | 1023 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2024-5451, Cl FD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.847%, SOFR30A + 0.514%, 01/15/2044(A) | 1002 | 982 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2024-5452, Cl KY |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 03/15/2044 | $1400 | $1183 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2024-5473, Cl BF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.622%, SOFR30A + 1.300%, 11/25/2054(A) | 2200 | 2189 |
| &nbsp;&nbsp;&nbsp; FHLMC STRIPS CMO, Ser 2012-264, Cl 30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 07/15/2042 | 1328 | 1204 |
| &nbsp;&nbsp;&nbsp; FHLMC STRIPS CMO, Ser 2012-271, Cl 30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/15/2042 | 655 | 598 |
| &nbsp;&nbsp;&nbsp; FHLMC STRIPS CMO, Ser 2012-271, Cl F5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.947%, SOFR30A + 0.614%, 08/15/2042(A) | 611 | 600 |
| &nbsp;&nbsp;&nbsp; FHLMC STRIPS CMO, Ser 2012-272, Cl F1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.947%, SOFR30A + 0.614%, 08/15/2042(A) | 968 | 951 |
| &nbsp;&nbsp;&nbsp; FHLMC STRIPS CMO, Ser 2012-280, Cl F1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.947%, SOFR30A + 0.614%, 09/15/2042(A) | 981 | 964 |
| &nbsp;&nbsp;&nbsp; FHLMC STRIPS CMO, Ser 2014-326, Cl F2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.997%, SOFR30A + 0.664%, 03/15/2044(A) | 794 | 788 |
| &nbsp;&nbsp;&nbsp; FHLMC STRIPS CMO, Ser 2017-356, Cl 300 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/15/2047 | 1806 | 1609 |
| &nbsp;&nbsp;&nbsp; FNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 01/01/2030 to 06/01/2031  | 7 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 02/01/2031 to 11/01/2038  | 49 | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 09/01/2026 to 01/01/2039  | 244 | 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 05/01/2027 to 03/01/2055  | 15310 | 15919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 02/01/2032 to 05/01/2055  | 99418 | 101075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 12/01/2033 to 05/01/2055  | 176197 | 175158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 07/01/2033 | 100 | 100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/01/2034 to 12/01/2054  | 49960 | 48658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 11/01/2031 to 01/01/2059  | 83388 | 79278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.270%, 10/01/2032 | 192 | 188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 01/01/2029 | 1665 | 1655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 01/01/2027 to 09/01/2062  | 109072 | 101095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 07/01/2031 to 09/01/2052  | 79901 | 71792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.310%, 03/01/2028 | 1838 | 1794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 05/01/2029 to 07/01/2060  | 283810 | 248420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 03/01/2035 to 09/01/2061  | 131502 | 109727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.435%, 10/01/2051 | 4742 | 2934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 10/01/2030 to 04/01/2052  | 274145 | 221657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.850%, 09/01/2035 | 976 | 849 |
| &nbsp;&nbsp;&nbsp; FNMA ACES, Ser 2016-M11, Cl AL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.944%, 07/25/2039 | 104 | 94 |
| &nbsp;&nbsp;&nbsp; FNMA ACES, Ser 2018-M15, Cl 1A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 01/25/2036 | 600 | 560 |
| &nbsp;&nbsp;&nbsp; FNMA ACES, Ser 2019-M4, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.610%, 02/25/2031 | 291 | 279 |
| &nbsp;&nbsp;&nbsp; FNMA ACES, Ser 2020-M6, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 10/25/2037 | 154 | 136 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FNMA ARM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.265%, RFUCCT1Y + 1.559%, 12/01/2035(A) | $7 | $7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.097%, RFUCCT1Y + 1.604%, 03/01/2050(A) | 1607 | 1665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.371%, SOFR30A + 2.060%, 05/01/2055(A) | 2320 | 2336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.968%, SOFR30A + 2.310%, 05/01/2055(A) | 2093 | 2088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.946%, SOFR30A + 2.161%, 04/01/2055(A) | 1759 | 1763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.672%, SOFR30A + 2.296%, 04/01/2053(A) | 9177 | 9187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.644%, SOFR30A + 2.128%, 08/01/2052(A) | 1213 | 1207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.609%, SOFR30A + 2.123%, 08/01/2052(A) | 1836 | 1808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.595%, SOFR30A + 2.126%, 08/01/2052(A) | 2435 | 2421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.533%, SOFR30A + 2.330%, 04/01/2053(A) | 7435 | 7291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.362%, SOFR30A + 2.125%, 07/01/2052 to 01/01/2055 (A) | 4395 | 4357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.154%, SOFR30A + 2.129%, 11/01/2052(A) | 1371 | 1355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.124%, SOFR30A + 2.133%, 10/01/2052(A) | 4136 | 4086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.110%, SOFR30A + 2.120%, 09/01/2052(A) | 1621 | 1602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.072%, SOFR30A + 2.120%, 07/01/2052(A) | 1740 | 1684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.945%, SOFR30A + 2.120%, 08/01/2052(A) | 523 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.780%, RFUCCT1Y + 1.606%, 06/01/2050(A) | 806 | 770 |
| &nbsp;&nbsp;&nbsp; FNMA Interest STRIPS CMO, Ser 2002-323, Cl 16, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 01/25/2032 | 45 | 4 |
| &nbsp;&nbsp;&nbsp; FNMA Interest STRIPS CMO, Ser 2003-334, Cl 16, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 02/25/2033 | 69 | 9 |
| &nbsp;&nbsp;&nbsp; FNMA Interest STRIPS CMO, Ser 2012-411, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/25/2042 | 821 | 740 |
| &nbsp;&nbsp;&nbsp; FNMA Interest STRIPS CMO, Ser 2012-414, Cl A35 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 10/25/2042 | 1238 | 1157 |
| &nbsp;&nbsp;&nbsp; FNMA Interest STRIPS CMO, Ser 2022-426, Cl C39, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 09/25/2051 | 8713 | 1131 |
| &nbsp;&nbsp;&nbsp; FNMA Interest STRIPS CMO, Ser 2022-426, Cl C43, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 07/25/2050 | 7568 | 980 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FNMA Interest STRIPS CMO, Ser 2022-426, Cl C45, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 07/25/2051 | $20763 | $2648 |
| &nbsp;&nbsp;&nbsp; FNMA Interest STRIPS CMO, Ser 2022-426, Cl C44, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 03/25/2052 | 18178 | 2346 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 1997-32, Cl PG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 04/25/2027 | 2 | 2 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 1999-11, Cl Z |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/25/2029 | 21 | 20 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2001-52, Cl YZ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/25/2031 | 6 | 6 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2003-124, Cl TS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.800%, 01/25/2034(A) | 3 | 3 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2005-29, Cl ZA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/25/2035 | 151 | 156 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2006-125, Cl SM, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.764%, 01/25/2037(A) | 151 | 16 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2006-33, Cl LS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.186%, 05/25/2036(A) | 21 | 25 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2006-46, Cl SW |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.933%, 06/25/2036(A) | 17 | 19 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2006-51, Cl SP, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.214%, 03/25/2036(A) | 11 |  |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2007-64, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.907%, SOFR30A + 0.584%, 07/25/2037(A) | 3 | 3 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2007-68, Cl SC, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.264%, 07/25/2037(A) | 60 | 6 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2008-24, Cl NA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 06/25/2037 | 3 | 4 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2009-103, Cl MB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.981%, 12/25/2039(A) | 32 | 32 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2009-86, Cl BO, PO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 03/25/2037(B)(C) | 225 | 199 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2010-107, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.846%, SOFR30A + 0.524%, 09/25/2040(A) | 440 | 435 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2010-111, Cl KF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, SOFR30A + 0.514%, 10/25/2040(A) | 3070 | 3048 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2010-123, Cl PM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/25/2040 | 412 | 409 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2011-117, Cl AF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.886%, SOFR30A + 0.564%, 11/25/2041(A) | 391 | 386 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2011-117, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.886%, SOFR30A + 0.564%, 11/25/2041(A) | 905 | 892 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2011-127, Cl FC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.886%, SOFR30A + 0.564%, 12/25/2041(A) | 421 | 415 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2011-142, Cl EF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.936%, SOFR30A + 0.614%, 01/25/2042(A) | $468 | $462 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2011-2, Cl WA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.826%, 02/25/2051(A) | 26 | 27 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2011-55, Cl FH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.877%, SOFR30A + 0.554%, 06/25/2041(A) | 365 | 361 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2011-75, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.987%, SOFR30A + 0.664%, 08/25/2041(A) | 13 | 13 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-106, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.777%, SOFR30A + 0.454%, 10/25/2042(A) | 378 | 372 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-118, Cl VZ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 11/25/2042 | 673 | 607 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-12, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.936%, SOFR30A + 0.614%, 02/25/2042(A) | 417 | 411 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-133, Cl JF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.787%, SOFR30A + 0.464%, 12/25/2042(A) | 799 | 780 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-151, Cl NX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 01/25/2043 | 549 | 467 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-28, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 06/25/2039 | 1 | 1 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-46, Cl BA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/25/2042 | 176 | 184 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-47, Cl JF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.936%, SOFR30A + 0.614%, 05/25/2042(A) | 560 | 552 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2013-101, Cl BO, PO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/25/2043(B)(C) | 456 | 343 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2013-101, Cl CO, PO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/25/2043(B)(C) | 985 | 728 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2013-11, Cl AP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 01/25/2043 | 1367 | 1252 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2013-15, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.787%, SOFR30A + 0.464%, 03/25/2043(A) | 968 | 945 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2013-43, Cl BP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 05/25/2043 | 572 | 489 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2013-49, Cl AP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 05/25/2043 | 492 | 412 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2013-9, Cl BC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 07/25/2042 | 422 | 444 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2013-9, Cl CB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/25/2042 | 453 | 464 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2014-25, Cl EL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 05/25/2044 | 937 | 857 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2014-74, Cl FC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, SOFR30A + 0.514%, 11/25/2044(A) | 513 | 502 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2015-26, Cl GF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.737%, SOFR30A + 0.414%, 05/25/2045(A) | $1413 | $1378 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2015-32, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.737%, SOFR30A + 0.414%, 05/25/2045(A) | 889 | 864 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2015-39, Cl LZ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/25/2045 | 39 | 34 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2015-48, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.737%, SOFR30A + 0.414%, 07/25/2045(A) | 1066 | 1036 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2015-65, Cl CZ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/25/2045 | 562 | 475 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2015-72, Cl GL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 10/25/2045 | 668 | 571 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2015-8, Cl AP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 03/25/2045 | 1618 | 1441 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2015-84, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.700%, 08/25/2033 | 1180 | 1103 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-10, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.787%, SOFR30A + 0.464%, 03/25/2046(A) | 3670 | 3628 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-11, Cl FG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.786%, SOFR30A + 0.464%, 03/25/2046(A) | 589 | 579 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-11, Cl CF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.787%, SOFR30A + 0.464%, 03/25/2046(A) | 433 | 426 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-19, Cl FD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, SOFR30A + 0.514%, 04/25/2046(A) | 3205 | 3168 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-22, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 04/25/2046(A) | 1125 | 1108 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-22, Cl FG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 04/25/2046(A) | 974 | 958 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-48, Cl MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/25/2038 | 1727 | 1604 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-57, Cl PC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 06/25/2046 | 3027 | 2559 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-61, Cl BF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, SOFR30A + 0.514%, 09/25/2046(A) | 344 | 342 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-64, Cl BC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 09/25/2046 | 1179 | 1094 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-69, Cl BF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 10/25/2046(A) | 1073 | 1059 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-75, Cl FE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 10/25/2046(A) | 835 | 825 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-78, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 03/25/2044(A) | $451 | $444 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-79, Cl FH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 11/25/2046(A) | 831 | 821 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-81, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.787%, SOFR30A + 0.464%, 11/25/2046(A) | 4101 | 4062 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-82, Cl FH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 11/25/2046(A) | 1428 | 1407 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-82, Cl FE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 11/25/2046(A) | 1856 | 1835 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-84, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 11/25/2046(A) | 681 | 670 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-86, Cl FE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 11/25/2046(A) | 1773 | 1746 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-88, Cl CF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.886%, SOFR30A + 0.564%, 12/25/2046(A) | 1201 | 1185 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-91, Cl AF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 12/25/2046(A) | 757 | 749 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-11, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, SOFR30A + 0.514%, 03/25/2047(A) | 367 | 363 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-113, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.687%, SOFR30A + 0.364%, 01/25/2048(A) | 370 | 364 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-12, Cl FD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 03/25/2047(A) | 837 | 827 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-13, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/25/2046 | 623 | 576 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-23, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 04/25/2047(A) | 786 | 775 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-24, Cl PG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.625%, 04/25/2047 | 3079 | 2666 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-26, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.786%, SOFR30A + 0.464%, 04/25/2047(A) | 2185 | 2157 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-35, Cl MC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.625%, 12/25/2044 | 2661 | 2566 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-82, Cl FE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.687%, SOFR30A + 0.364%, 10/25/2047(A) | 734 | 731 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-9, Cl EF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, SOFR30A + 0.514%, 03/25/2047(A) | 401 | 397 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-9, Cl DF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 03/25/2047(A) | $722 | $713 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-9, Cl BF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.836%, SOFR30A + 0.514%, 03/25/2047(A) | 989 | 976 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2017-96, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.737%, SOFR30A + 0.414%, 12/25/2047(A) | 1187 | 1164 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-1, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.687%, SOFR30A + 0.364%, 02/25/2048(A) | 395 | 388 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-14, Cl KC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 03/25/2048 | 1117 | 1060 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-36, Cl FD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.687%, SOFR30A + 0.364%, 06/25/2048(A) | 1784 | 1757 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-38, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 06/25/2047 | 461 | 450 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-38, Cl MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 06/25/2048 | 1322 | 1249 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-43, Cl CT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/25/2048 | 915 | 807 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-45, Cl TM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/25/2048 | 1058 | 948 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-55, Cl GA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 08/25/2048 | 988 | 932 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-64, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/25/2048 | 912 | 791 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-74, Cl AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 10/25/2048 | 225 | 207 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-85, Cl EA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 12/25/2048 | 743 | 717 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-86, Cl AF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.737%, SOFR30A + 0.414%, 12/25/2048(A) | 294 | 290 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2018-86, Cl JA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/25/2047 | 55 | 54 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-1, Cl AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/25/2049 | 546 | 502 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-13, Cl PE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 03/25/2049 | 609 | 546 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-15, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.937%, SOFR30A + 0.614%, 04/25/2049(A) | 546 | 530 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-25, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 05/25/2048 | 1192 | 1106 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-41, Cl FG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.937%, SOFR30A + 0.614%, 08/25/2059(A) | 1290 | 1260 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-43, Cl FC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, SOFR30A + 0.514%, 08/25/2049(A) | 1041 | 1018 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-45, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/25/2049 | $332 | $292 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-52, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/25/2049 | 109 | 96 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-67, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.887%, SOFR30A + 0.564%, 11/25/2049(A) | 572 | 560 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-79, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.937%, SOFR30A + 0.614%, 01/25/2050(A) | 1671 | 1622 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-81, Cl LH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 12/25/2049 | 800 | 712 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-25, Cl BI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 01/25/2047 | 1258 | 212 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-45, Cl JL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 07/25/2040 | 1831 | 1668 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-47, Cl GZ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 07/25/2050 | 772 | 446 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-48, Cl AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 07/25/2050 | 788 | 672 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-56, Cl AQ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 08/25/2050 | 1600 | 1243 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-57, Cl TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 04/25/2050 | 1511 | 1304 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-59, Cl NC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/25/2040 | 1135 | 1037 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-64, Cl IB, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/25/2050 | 1699 | 341 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-65, Cl DI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/25/2050 | 2074 | 421 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-65, Cl EI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/25/2050 | 3039 | 603 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-70, Cl AD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 10/25/2050 | 3445 | 2580 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2021-27, Cl EC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 05/25/2051 | 3427 | 2735 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2021-40, Cl DW |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/25/2041 | 274 | 240 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2021-42, Cl AC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 02/25/2051 | 1024 | 880 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2021-65, Cl JA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 01/25/2046 | 446 | 392 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2021-78, Cl ND |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 11/25/2051 | 1914 | 1553 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2021-84, Cl MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 10/25/2051 | 1370 | 1115 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2021-91, Cl AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 09/25/2049 | 1273 | 1116 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2021-95, Cl CP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 08/25/2051 | 653 | 546 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2022-11, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 01/25/2050 | 1374 | 1259 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2022-18, Cl DL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 07/25/2046 | $2194 | $2053 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2022-3, Cl N |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 10/25/2047 | 3637 | 3196 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2022-4, Cl MH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/25/2048 | 2029 | 1884 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2022-57, Cl BC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/25/2052 | 145 | 137 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2022-62, Cl KA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 09/25/2052 | 827 | 774 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2022-89, Cl AY |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/25/2048 | 1602 | 1362 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2022-9, Cl DJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 03/25/2049 | 976 | 907 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2023-14, Cl EJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 04/25/2049 | 1218 | 1123 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2023-2, Cl CI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 10/25/2050 | 4466 | 576 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2023-37, Cl FH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, SOFR30A + 0.514%, 01/25/2050(A) | 2123 | 2077 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2023-38, Cl FD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.218%, SOFR30A + 0.864%, 10/25/2039(A) | 550 | 545 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2023-38, Cl FC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.987%, SOFR30A + 0.664%, 06/25/2040(A) | 1653 | 1640 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2023-39, Cl AI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 07/25/2052 | 63812 | 8094 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2024-56, Cl QZ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 10/25/2045 | 2172 | 1852 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2024-64, Cl KY |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 12/25/2043 | 818 | 680 |
| &nbsp;&nbsp;&nbsp; FNMA TBA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/01/2038 | 50590 | 48964 |
| &nbsp;&nbsp;&nbsp; GNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 09/15/2028 to 10/15/2032  | 181 | 183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 01/15/2026 to 07/15/2035  | 251 | 258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 09/15/2028 to 01/20/2054  | 9468 | 9719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 11/20/2052 to 08/20/2053  | 14356 | 14320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/15/2039 to 08/20/2053  | 13474 | 13188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 09/20/2061(A) | 49 | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 01/20/2040 to 10/20/2054  | 28697 | 27248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.401%, 01/20/2069(A) | 4 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 11/20/2047 to 11/20/2054  | 35360 | 32559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/20/2045 to 11/20/2053  | 77775 | 69861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 03/15/2043 to 06/20/2052  | 61030 | 53617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 12/20/2037 to 02/20/2053  | 59470 | 49700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 08/20/2050 to 10/20/2051  | 57327 | 45484 |
| &nbsp;&nbsp;&nbsp; GNMA ARM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, H15T1Y + 1.500%, 07/20/2034(A) | 2 | 2 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2005-7, Cl JM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.949%, 05/18/2034(A) | $– | $– |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2007-78, Cl SA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.087%, 12/16/2037(A) | 1163 | 57 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2009-106, Cl KS, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.961%, 11/20/2039(A) | 1105 | 94 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2009-66, Cl XS, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.357%, 07/16/2039(A) | 4 |  |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2009-66, Cl LC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 08/16/2039 | 757 | 792 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2010-163, Cl NC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 12/20/2040 | 1001 | 989 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2010-4, Cl SL, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.957%, 01/16/2040(A) | 37 | 4 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2010-4, Cl NS, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.947%, 01/16/2040(A) | 1745 | 187 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2011-146, Cl EI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 11/16/2041 | 20 | 3 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2012-112, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.108%, 02/16/2053(A) | 1973 | 6 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2012-H07, Cl KI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.406%, 03/20/2062(A) | 154 | 13 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2013-152, Cl HA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 06/20/2043 | 1358 | 1249 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2013-163, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.006%, 02/16/2046(A) | 989 | 18 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2014-133, Cl BP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 09/20/2044 | 925 | 825 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2014-149, Cl KP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 07/16/2044 | 796 | 725 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2014-181, Cl L |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 12/20/2044 | 816 | 733 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2015-144, Cl CA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 10/20/2045 | 1242 | 1087 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2016-136, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 07/20/2044 | 690 | 617 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2016-93, Cl AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 07/20/2044 | 1541 | 1257 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2016-99, Cl TL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 04/16/2044 | 1380 | 1128 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2017-135, Cl AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 08/16/2058 | 492 | 422 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2017-139, Cl GA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/20/2047 | 2758 | 2477 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2017-167, Cl BQ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 08/20/2044 | 565 | 528 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2017-171, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.652%, 09/16/2059(A) | 5229 | 196 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2018-168, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 08/20/2048 | 145 | 137 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2018-65, Cl DC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 05/20/2048 | 1042 | 951 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2019-15, Cl GT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/20/2049 | $664 | $603 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2019-18, Cl TP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/20/2049 | 82 | 74 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2019-71, Cl PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/20/2049 | 55 | 49 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2019-90, Cl AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 07/20/2049 | 231 | 203 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2020-109, Cl AI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.836%, 05/16/2060(A) | 2055 | 120 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2020-173, Cl MI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 11/20/2050 | 5586 | 820 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2020-184, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.912%, 11/16/2060(A) | 2698 | 175 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2020-63, Cl UD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 04/20/2050 | 932 | 761 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-105, Cl P |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 06/20/2051 | 5018 | 4011 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-107, Cl DB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 04/20/2051 | 4628 | 3703 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-11, Cl IX, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.161%, 12/16/2062(A) | 3026 | 249 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-135, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 08/20/2051 | 911 | 726 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-14, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.329%, 06/16/2063(A) | 5167 | 472 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-160, Cl NE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 09/20/2051 | 7140 | 5991 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-169, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.113%, 06/16/2061(A) | 2835 | 230 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-181, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.981%, 07/16/2063(A) | 2897 | 201 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-188, Cl PA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 10/20/2051 | 61 | 50 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-215, Cl GA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 12/20/2051 | 6156 | 5295 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-223, Cl P |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/20/2051 | 1772 | 1527 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-225, Cl YC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 12/20/2051 | 840 | 695 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-24, Cl BC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 02/20/2051 | 1304 | 995 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-27, Cl Q |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/20/2051 | 1039 | 1020 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-27, Cl CW |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/20/2051(A) | 727 | 714 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-27, Cl NT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/20/2051 | 1158 | 1125 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-27, Cl BD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/20/2051 | 1049 | 1029 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-29, Cl AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/20/2051 | 132 | 130 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-37, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.799%, 01/16/2061(A) | $2714 | $160 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-5, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.112%, 01/16/2061(A) | 4352 | 346 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-60, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.826%, 05/16/2063(A) | 2270 | 139 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-68, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.873%, 10/16/2062(A) | 2762 | 175 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-77, Cl LC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 07/20/2050 | 104 | 80 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-8, Cl CY |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/20/2051 | 506 | 497 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-8, Cl AQ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/20/2051 | 132 | 129 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-89, Cl LK |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 05/20/2051 | 2203 | 1858 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2021-97, Cl QK |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/20/2051 | 5381 | 4427 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-107, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 06/20/2051 | 4711 | 3842 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-138, Cl PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 10/20/2051 | 7002 | 5741 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-153, Cl KA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 12/20/2049 | 1132 | 1106 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-189, Cl PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 10/20/2051 | 1425 | 1162 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-197, Cl LF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.028%, SOFR30A + 0.700%, 11/20/2052(A) | 4469 | 4400 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-205, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 09/20/2051 | 1779 | 1419 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-24, Cl AH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 02/20/2052 | 1014 | 852 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-31, Cl GH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 12/20/2049 | 2943 | 2628 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-34, Cl DN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/20/2041 | 2200 | 2053 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-46, Cl LY |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 03/20/2052 | 616 | 499 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-5, Cl BA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 10/20/2049 | 5397 | 4510 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-50, Cl CA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 03/20/2052 | 3996 | 3525 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-66, Cl CG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/20/2052 | 2481 | 2346 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-78, Cl HW |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 04/20/2052 | 952 | 728 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-84, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 01/20/2052 | 11516 | 9551 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-9, Cl GA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 01/20/2052 | 2118 | 1722 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2022-99, Cl JW |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 01/20/2052 | 400 | 320 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2023-134, Cl F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.328%, SOFR30A + 1.000%, 08/20/2053(A) | $1050 | $1040 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2023-179, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.610%, 09/16/2063(A) | 16188 | 693 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2023-196, Cl E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/20/2048 | 1395 | 1314 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2023-81, Cl YJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 06/20/2053 | 7055 | 5947 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2024-110, Cl JC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/20/2047 | 7459 | 6981 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2024-110, Cl JL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 10/20/2049 | 1659 | 1388 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2024-184, Cl GC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 10/20/2051 | 22041 | 20878 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2024-30, Cl CF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.578%, SOFR30A + 1.250%, 02/20/2054(A) | 165 | 165 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2024-45, Cl BD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 03/20/2054 | 887 | 806 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2024-97, Cl FW |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.478%, SOFR30A + 1.150%, 06/20/2054(A) | 2909 | 2892 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2025-1, Cl GC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 10/20/2051 | 22182 | 21007 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2025-7, Cl EL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 01/20/2055 | 710 | 495 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 218, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.965%, 10/16/2061(A) | 2751 | 202 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 53, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.524%, 11/16/2056(A) | 8418 | 245 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 54, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.600%, 09/16/2063(A) | 2548 | 294 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 59, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.571%, 02/16/2062(A) | 3303 | 143 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 63, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.816%, 04/16/2061(A) | 3357 | 198 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 68, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.615%, 05/16/2060(A) | 4303 | 471 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 7, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.558%, 12/16/2058(A) | 6232 | 186 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 89, Cl IA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.168%, 04/16/2062(A) | 2981 | 237 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 92, Cl AH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/16/2064 | 4467 | 3326 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 92, Cl IA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.610%, 06/16/2064(A) | 3970 | 214 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 94, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.833%, 02/16/2063(A) | 3215 | 193 |
| &nbsp;&nbsp;&nbsp; GNMA TBA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 06/15/2055 | 47275 | 46933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/15/2040 | 37100 | 35987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2039 | 18275 | 17239 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/15/2055 | $| 29575 | $27079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/15/2055 |  | 6720 | 5853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 06/15/2055 |  | 41600 | 34844 |
| &nbsp;&nbsp;&nbsp; GNMA, Ser 147, Cl KI |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.144%, 06/16/2061(A) |  | 5101 | 398 |
| &nbsp;&nbsp;&nbsp; UMBS TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 06/15/2055 |  | 2385 | 2449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 06/15/2055 |  | 56835 | 56262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/15/2055 |  | 31475 | 29683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/15/2055 |  | 29975 | 27459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 06/15/2055 |  | 99690 | 88352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/15/2055 |  | 20550 | 17483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 06/15/2055 |  | 23575 | 19198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/15/2055 |  | 35400 | 27499 |
|  |  |  | 3279078 |
| **Non-Agency Mortgage-Backed Obligations — 4.9%** | **Non-Agency Mortgage-Backed Obligations — 4.9%** | **Non-Agency Mortgage-Backed Obligations — 4.9%** |  |
| &nbsp;&nbsp;&nbsp; 245 Park Avenue Trust, Ser 2017-245P, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.508%, 06/05/2037(D) |  | 5293 | 5116 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-2, Cl A1A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.531%, 01/26/2065(A)(D) |  | 312 | 294 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-5, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.373%, 05/25/2065(A)(D) |  | 84 | 80 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2021-6, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.458%, 09/25/2066(A)(D) |  | 968 | 811 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2021-7, Cl A3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.337%, 10/25/2066(A)(D) |  | 614 | 527 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2022-2, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.353%, 01/25/2067(A)(D) |  | 7577 | 7131 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2022-3, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 01/25/2067(D) |  | 2860 | 2723 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2024-13, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.464%, 12/26/2069(A)(D) |  | 7602 | 7582 |
| &nbsp;&nbsp;&nbsp; AOA Mortgage Trust, Ser 2021-1177, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.318%, TSFR1M + 0.989%, 10/15/2038(A)(D) |  | 2560 | 2506 |
| &nbsp;&nbsp;&nbsp; BAMLL Commercial Mortgage Securities Trust, Ser 2018-PARK, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.091%, 08/10/2038(A)(D) |  | 2640 | 2550 |
| &nbsp;&nbsp;&nbsp; Banc of America Alternative Loan Trust, Ser 2007-1, Cl 2A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.185%, 04/25/2037(A) |  | 32 | 28 |
| &nbsp;&nbsp;&nbsp; Banc of America Funding Trust, Ser 2003-2, Cl 1A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 06/25/2032 |  | 5 | 5 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Banc of America Funding Trust, Ser 2004-2, Cl 1CB1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 09/20/2034 | $21 | $20 |
| &nbsp;&nbsp;&nbsp; BANK, Ser 2022-BNK40, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.391%, 03/15/2064(A) | 1240 | 1123 |
| &nbsp;&nbsp;&nbsp; BANK, Ser 2024-BNK48, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.971%, 10/15/2057 | 1435 | 1436 |
| &nbsp;&nbsp;&nbsp; BANK, Ser 2025-BNK49, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.623%, 03/15/2058(A) | 849 | 874 |
| &nbsp;&nbsp;&nbsp; BANK, Ser BNK44, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.744%, 11/15/2055(A) | 929 | 965 |
| &nbsp;&nbsp;&nbsp; BANK5 Trust, Ser 2025-5YR13, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.753%, 01/15/2058(A) | 422 | 436 |
| &nbsp;&nbsp;&nbsp; Bayview MSR Opportunity Master Fund Trust, Ser 2021-5, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 11/25/2051(A)(D) | 5317 | 4713 |
| &nbsp;&nbsp;&nbsp; BBCMS Mortgage Trust, Ser 2018-C2, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.236%, 12/15/2051 | 334 | 333 |
| &nbsp;&nbsp;&nbsp; BBCMS Mortgage Trust, Ser 2020-C6, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.690%, 02/15/2053 | 862 | 805 |
| &nbsp;&nbsp;&nbsp; BBCMS Mortgage Trust, Ser 2025-5C33, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.839%, 03/15/2058 | 4778 | 4971 |
| &nbsp;&nbsp;&nbsp; BBCMS Mortgage Trust, Ser 2025-5C34, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.659%, 05/15/2058 | 1144 | 1182 |
| &nbsp;&nbsp;&nbsp; BBCMS Mortgage Trust, Ser 2025-C32, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.720%, 02/15/2062 | 3495 | 3629 |
| &nbsp;&nbsp;&nbsp; BBCMS Mortgage Trust, Ser C17, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.441%, 09/15/2055 | 2006 | 1921 |
| &nbsp;&nbsp;&nbsp; BBCMS Mortgage Trust, Ser C18, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.710%, 12/15/2055(A) | 1760 | 1816 |
| &nbsp;&nbsp;&nbsp; BBCMS Trust, Ser 2015-SRCH, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.312%, 08/10/2035(D) | 688 | 672 |
| &nbsp;&nbsp;&nbsp; Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-2, Cl 14A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.526%, 05/25/2034(A) | 9 | 9 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser 2021-B31, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.669%, 12/15/2054 | 665 | 575 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser 2022-B33, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.458%, 03/15/2055 | 1710 | 1542 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser 2022-B35, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.443%, 05/15/2055(A) | 970 | 923 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser 2022-B35, Cl AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.443%, 05/15/2055(A) | 1015 | 928 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser 2025-V15, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.805%, 05/15/2030 | 1691 | 1756 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; BMO Mortgage Trust, Ser 2022-C1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.198%, 02/15/2055 | $532 | $522 |
| &nbsp;&nbsp;&nbsp; BMO Mortgage Trust, Ser 2025-5C10, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.578%, 05/15/2058 | 1269 | 1309 |
| &nbsp;&nbsp;&nbsp; BMO Mortgage Trust, Ser 2025-C11, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.687%, 02/15/2058 | 1254 | 1293 |
| &nbsp;&nbsp;&nbsp; BMO Mortgage Trust, Ser 2025-C12, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.871%, 06/15/2058 | 846 | 884 |
| &nbsp;&nbsp;&nbsp; BPR Trust, Ser 2021-TY, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.494%, TSFR1M + 1.164%, 09/15/2038(A)(D) | 745 | 743 |
| &nbsp;&nbsp;&nbsp; BPR Trust, Ser 2022-STAR, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.561%, TSFR1M + 3.232%, 08/15/2039(A)(D) | 4600 | 4601 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2022-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.626%, 09/25/2061(A)(D) | 633 | 611 |
| &nbsp;&nbsp;&nbsp; Bunker Hill Loan Depositary Trust, Ser 2019-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.879%, 07/25/2049(D)(E) | 370 | 359 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-VOLT, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.143%, TSFR1M + 0.814%, 09/15/2036(A)(D) | 4941 | 4916 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-VOLT, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.543%, TSFR1M + 1.214%, 09/15/2036(A)(D) | 3225 | 3205 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2023-XL3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.090%, TSFR1M + 1.761%, 12/09/2040(A)(D) | 1074 | 1078 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2024-AIRC, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.020%, TSFR1M + 1.691%, 08/15/2039(A)(D) | 680 | 682 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2024-VLT5, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.410%, 11/13/2046(A)(D) | 2080 | 2069 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2019-OC11, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.202%, 12/09/2041(D) | 995 | 920 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2021-ARIA, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.741%, TSFR1M + 1.411%, 10/15/2036(A)(D) | 3641 | 3618 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2024-VLT4, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.270%, TSFR1M + 1.941%, 07/15/2029(A)(D) | 2400 | 2390 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2025-VLT6, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.772%, TSFR1M + 1.443%, 03/15/2042(A)(D) | 3620 | 3602 |
| &nbsp;&nbsp;&nbsp; CAMB Commercial Mortgage Trust, Ser 2019-LIFE, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.696%, TSFR1M + 1.367%, 12/15/2037(A)(D) | 5300 | 5297 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; CD Commercial Mortgage Trust, Ser 2017-CD3, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.631%, 02/10/2050 | $1240 | $1188 |
| &nbsp;&nbsp;&nbsp; Chase Mortgage Finance Trust, Ser 2007-A1, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.488%, 02/25/2037(A) | 8 | 8 |
| &nbsp;&nbsp;&nbsp; Chase Mortgage Finance Trust, Ser 2007-A1, Cl 9A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.474%, 02/25/2037(A) | 9 | 9 |
| &nbsp;&nbsp;&nbsp; Chase Mortgage Finance Trust, Ser 2007-A2, Cl 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.244%, 06/25/2035(A) | 7 | 7 |
| &nbsp;&nbsp;&nbsp; CIM Trust, Ser 2021-INV1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 07/01/2051(A)(D) | 13815 | 11054 |
| &nbsp;&nbsp;&nbsp; CIM Trust, Ser 2024-R1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 06/25/2064(A)(D) | 3023 | 2982 |
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, Ser 2016-P6, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.720%, 12/10/2049(A) | 2550 | 2478 |
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, Ser 2019-GC41, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.869%, 08/10/2056 | 5980 | 5548 |
| &nbsp;&nbsp;&nbsp; Citigroup Global Markets Mortgage Securities VII, Ser 2003-HYB1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.740%, 09/25/2033(A) | 11 | 12 |
| &nbsp;&nbsp;&nbsp; Citigroup Mortgage Loan Trust, Ser 2004-UST1, Cl A6 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.355%, 08/25/2034(A) | 6 | 5 |
| &nbsp;&nbsp;&nbsp; Citigroup Mortgage Loan Trust, Ser 2009-10, Cl 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.548%, 09/25/2033(A)(D) | 12 | 12 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.924%, 08/25/2066(A)(D) | 1245 | 1038 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.397%, 10/25/2066(A)(D) | 1342 | 1137 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2022-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.994%, 02/25/2067(D)(E) | 1360 | 1282 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2024-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.949%, 07/25/2069(D)(E) | 2915 | 2930 |
| &nbsp;&nbsp;&nbsp; Commercial Mortgage Pass-Through Certificates, Ser 2014-CR14, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.706%, 02/10/2047(A) | 340 | 326 |
| &nbsp;&nbsp;&nbsp; Commercial Mortgage Pass-Through Certificates, Ser 2014-UBS3, Cl AM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.012%, 06/10/2047 | 359 | 344 |
| &nbsp;&nbsp;&nbsp; Commercial Mortgage Pass-Through Certificates, Ser 2015CR26, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.512%, 10/10/2048(A) | 1680 | 1563 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Commercial Mortgage Pass-Through Certificates, Ser 2015-CR27, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.349%, 10/10/2048 | $1965 | $1960 |
| &nbsp;&nbsp;&nbsp; Commercial Mortgage Pass-Through Certificates, Ser 2015-LC19, Cl XA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.578%, 02/10/2048(A) | 59 |  |
| &nbsp;&nbsp;&nbsp; Commercial Mortgage Pass-Through Certificates, Ser 2015-LC23, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.521%, 10/10/2048 | 703 | 701 |
| &nbsp;&nbsp;&nbsp; Commercial Mortgage Pass-Through Certificates, Ser 2020-CX, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.173%, 11/10/2046(D) | 3290 | 2776 |
| &nbsp;&nbsp;&nbsp; Commercial Mortgage Pass-Through Certificates, Ser COR3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.961%, 05/10/2051 | 6103 | 5929 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2021-R01, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.872%, SOFR30A + 1.550%, 10/25/2041(A)(D) | 697 | 699 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2021-R03, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.972%, SOFR30A + 1.650%, 12/25/2041(A)(D) | 6500 | 6534 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2024-R01, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.122%, SOFR30A + 1.800%, 01/25/2044(A)(D) | 790 | 796 |
| &nbsp;&nbsp;&nbsp; Countrywide Alternative Loan Trust, Ser 2004-J6, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 11/25/2031 | 37 | 38 |
| &nbsp;&nbsp;&nbsp; Countrywide Home Loan Mortgage Pass-Through Trust, Ser 2004-14, Cl 4A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.545%, 08/25/2034(A) | 66 | 61 |
| &nbsp;&nbsp;&nbsp; CSAIL Commercial Mortgage Trust, Ser CX9, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.446%, 09/15/2050 | 4380 | 4208 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2014-USA, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.953%, 09/15/2037(D) | 1000 | 930 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2017-RPL1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 07/25/2057(A)(D) | 1829 | 1778 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2018-J1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/25/2048(A)(D) | 2306 | 2045 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2018-RPL9, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 09/25/2057(A)(D) | 2432 | 2343 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2019-AFC1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.573%, 07/25/2049(D)(E) | 482 | 466 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2021-NQM3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.632%, 04/25/2066(A)(D) | 1122 | 976 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2021-NQM5, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.938%, 05/25/2066(A)(D) | 1642 | 1380 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2021-RPL3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 01/25/2060(A)(D) | 1909 | 1670 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2022-ATH2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.547%, 05/25/2067(A)(D) | 4393 | 4377 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2022-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.265%, 11/25/2066(A)(D) | $2846 | $2555 |
| &nbsp;&nbsp;&nbsp; CSMC, Ser 2021-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.015%, 04/25/2066(A)(D) | 8988 | 7691 |
| &nbsp;&nbsp;&nbsp; DC Office Trust, Ser 2019-MTC, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.965%, 09/15/2045(D) | 1995 | 1799 |
| &nbsp;&nbsp;&nbsp; Deephaven Residential Mortgage Trust, Ser 2022-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.205%, 01/25/2067(A)(D) | 1983 | 1808 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.931%, 06/25/2066(A)(D) | 1609 | 1328 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust, Ser 2022-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.206%, 01/25/2067(A)(D) | 736 | 636 |
| &nbsp;&nbsp;&nbsp; EQUS Mortgage Trust, Ser 2021-EQAZ, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.694%, TSFR1M + 1.364%, 10/15/2038(A)(D) | 1330 | 1327 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2021-DNA6, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.822%, SOFR30A + 1.500%, 10/25/2041(A)(D) | 2163 | 2172 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-DNA2, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.622%, SOFR30A + 1.300%, 02/25/2042(A)(D) | 773 | 773 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-DNA3, Cl M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.222%, SOFR30A + 2.900%, 04/25/2042(A)(D) | 2850 | 2936 |
| &nbsp;&nbsp;&nbsp; First Horizon Alternative Mortgage Securities Trust, Ser 2004-AA3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.175%, 09/25/2034(A) | 12 | 12 |
| &nbsp;&nbsp;&nbsp; Flagstar Mortgage Trust, Ser 2018-2, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/25/2048(A)(D) | 23 | 22 |
| &nbsp;&nbsp;&nbsp; Fontainebleau Miami Beach Mortgage Trust, Ser 2024-FBLU, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.779%, TSFR1M + 1.450%, 12/15/2039(A)(D) | 3195 | 3179 |
| &nbsp;&nbsp;&nbsp; GNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 12/20/2051 to 04/20/2052  | 5543 | 5121 |
| &nbsp;&nbsp;&nbsp; Granite Point Mortgage Trust, Ser 2021-FL3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.941%, TSFR1M + 1.614%, 07/16/2035(A)(D) | 603 | 592 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2020-GSA2, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.721%, 12/12/2053 | 2606 | 2270 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2021-ARDN, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.093%, TSFR1M + 1.764%, 11/15/2036(A)(D) | 3062 | 3026 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2023-SHIP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.322%, 09/10/2038(A)(D) | $2600 | $2579 |
| &nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust, Ser 2018-RPL1, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 10/25/2057(D) | 1901 | 1852 |
| &nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust, Ser 2021-RPL1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 12/25/2060(A)(D) | 1111 | 951 |
| &nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust, Ser 2024-RPL4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 09/25/2061(D)(E) | 4255 | 4116 |
| &nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust, Ser 2025-PJ4, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/25/2055(A)(D) | 12930 | 12898 |
| &nbsp;&nbsp;&nbsp; GSMPS Mortgage Loan Trust, Ser 2005-RP3, Cl 1AS, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.101%, 09/25/2035(A)(D) | 115 | 1 |
| &nbsp;&nbsp;&nbsp; GSR Mortgage Loan Trust, Ser 2004-8F, Cl 2A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 09/25/2034 | 18 | 18 |
| &nbsp;&nbsp;&nbsp; GSR Mortgage Loan Trust, Ser 2007-1F, Cl 2A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/25/2037 | 1 | 3 |
| &nbsp;&nbsp;&nbsp; HarborView Mortgage Loan Trust, Ser 2005-9, Cl 2A1C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.339%, TSFR1M + 1.014%, 06/20/2035(A) | 770 | 721 |
| &nbsp;&nbsp;&nbsp; HILT COMMERCIAL MORTGAGE TRUST, Ser 2024-ORL, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.870%, TSFR1M + 1.541%, 05/15/2037(A)(D) | 4006 | 4003 |
| &nbsp;&nbsp;&nbsp; Hudson Yards Mortgage Trust, Ser 2019-30HY, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.228%, 07/10/2039(D) | 1900 | 1764 |
| &nbsp;&nbsp;&nbsp; Hudson Yards Mortgage Trust, Ser 2019-55HY, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.943%, 12/10/2041(A)(D) | 1995 | 1817 |
| &nbsp;&nbsp;&nbsp; Hudson Yards Mortgage Trust, Ser 2025-SPRL, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.467%, 01/13/2040(A)(D) | 2235 | 2280 |
| &nbsp;&nbsp;&nbsp; Impac CMB Trust, Ser 2005-4, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.039%, TSFR1M + 0.414%, 05/25/2035(A) | 41 | 39 |
| &nbsp;&nbsp;&nbsp; Impact Funding Affordable Multifamily Housing Mortgage Loan Trust, Ser 2010-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.314%, 01/25/2051(D) | 59 | 59 |
| &nbsp;&nbsp;&nbsp; Indymac Index Mortgage Loan Trust, Ser 2004-AR7, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.299%, TSFR1M + 0.974%, 09/25/2034(A) | 8 | 7 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Indymac Index Mortgage Loan Trust, Ser 2004-AR8, Cl 2A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.239%, TSFR1M + 0.914%, 11/25/2034(A) | $13 | $12 |
| &nbsp;&nbsp;&nbsp; JP Morgan Mortgage Trust, Ser 2024-4, Cl A4A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/25/2054(A)(D) | 4765 | 4788 |
| &nbsp;&nbsp;&nbsp; JP Morgan Mortgage Trust, Ser 2025-CCM1, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 06/25/2055(A)(D) | 3798 | 3781 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2016-JP2, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.822%, 08/15/2049 | 1400 | 1370 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2016-JP4, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.393%, 12/15/2049 | 424 | 417 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2019-OSB, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.397%, 06/05/2039(D) | 2000 | 1859 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, Ser 2005-A1, Cl 3A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.646%, 02/25/2035(A) | 18 | 18 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, Ser 2006-A2, Cl 5A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.112%, 11/25/2033(A) | 20 | 20 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, Ser 2020-1, Cl A3A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/25/2050(A)(D) | 292 | 252 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, Ser 2021-10, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 12/25/2051(A)(D) | 7715 | 6163 |
| &nbsp;&nbsp;&nbsp; LEX Mortgage Trust, Ser 2024-BBG, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.874%, 10/13/2033(A)(D) | 4680 | 4668 |
| &nbsp;&nbsp;&nbsp; Manhattan West Mortgage Trust, Ser 2020-1MW, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.130%, 09/10/2039(D) | 2300 | 2159 |
| &nbsp;&nbsp;&nbsp; MASTR Adjustable Rate Mortgages Trust, Ser 2004-13, Cl 3A7A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.273%, 11/21/2034(A) | 500 | 483 |
| &nbsp;&nbsp;&nbsp; MASTR Alternative Loans Trust, Ser 2006-3, Cl 1A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 07/25/2036 | 127 | 61 |
| &nbsp;&nbsp;&nbsp; MASTR Reperforming Loan Trust, Ser 2005-2, Cl 1A1F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.789%, TSFR1M + 0.464%, 05/25/2035(A)(D) | 172 | 84 |
| &nbsp;&nbsp;&nbsp; MASTR Resecuritization Trust, Ser 2005-PO, Cl 3, PO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 05/28/2035(B)(C)(D) | 4 | 3 |
| &nbsp;&nbsp;&nbsp; MASTR Seasoned Securitization Trust, Ser 2004-1, Cl 4A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.562%, 10/25/2032(A) | 2 | 2 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Merrill Lynch Mortgage Investors Trust, Ser 2003-A4, Cl 2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.887%, 07/25/2033(A) | $13 | $12 |
| &nbsp;&nbsp;&nbsp; Merrill Lynch Mortgage Investors Trust, Ser 2004-1, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.419%, 12/25/2034(A) | 30 | 28 |
| &nbsp;&nbsp;&nbsp; Merrill Lynch Mortgage Investors Trust, Ser 2004-A4, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.464%, 08/25/2034(A) | 16 | 15 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2021-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.029%, 11/25/2064(A)(D) | 485 | 424 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2021-RPL1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.131%, 07/25/2060(A)(D) | 717 | 650 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2021-NMR1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.125%, 11/25/2060(A)(D) | 768 | 732 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Bank of America Merrill Lynch Trust, Ser 5C1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.635%, 03/15/2058 | 592 | 611 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, Ser 2016-BNK2, Cl XA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.946%, 11/15/2049(A) | 12522 | 116 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, Ser 2020-HR8, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.790%, 07/15/2053 | 910 | 787 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, Ser 2020-L4, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.624%, 02/15/2053 | 3722 | 3556 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Mortgage Loan Trust, Ser 2004-3, Cl 4A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.640%, 04/25/2034(A) | 44 | 43 |
| &nbsp;&nbsp;&nbsp; Mortgage Loan Resecuritization Trust, Ser 2009-RS1, Cl A85 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, US0001M + 0.340%, 04/16/2036(A)(D) | 1452 | 1424 |
| &nbsp;&nbsp;&nbsp; MSBAM Commercial Mortgage Securities Trust, Ser 2012-CKSV, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.277%, 10/15/2030(D) | 123 | 117 |
| &nbsp;&nbsp;&nbsp; MSCG Trust, Ser 2015-ALDR, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.462%, 06/07/2035(A)(D) | 1085 | 1084 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2019-NQM4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.492%, 09/25/2059(A)(D) | 172 | 164 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2021-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.156%, 11/27/2056(A)(D) | 581 | 502 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2022-NQM4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/25/2062(D)(E) | 1005 | 996 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2024-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.117%, 09/25/2064(A)(D) | 4873 | 4831 |
| &nbsp;&nbsp;&nbsp; NJ Trust, Ser 2023-GSP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.697%, 01/06/2029(A)(D) | 1430 | 1494 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; NRTH Mortgage Trust, Ser 2024-PARK, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.970%, TSFR1M + 1.641%, 03/15/2039(A)(D) | $4025 | $4033 |
| &nbsp;&nbsp;&nbsp; NYC Commercial Mortgage Trust, Ser 1155, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.833%, 06/10/2042(D) | 4878 | 4866 |
| &nbsp;&nbsp;&nbsp; OBX Trust, Ser 2019-EXP1, Cl 1A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 01/25/2059(A)(D) | 11 | 11 |
| &nbsp;&nbsp;&nbsp; OBX Trust, Ser 2021-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.101%, 05/25/2061(A)(D) | 635 | 514 |
| &nbsp;&nbsp;&nbsp; OBX Trust, Ser 2022-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.305%, 11/25/2061(A)(D) | 2726 | 2417 |
| &nbsp;&nbsp;&nbsp; OBX Trust, Ser 2023-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.928%, 11/25/2063(D)(E) | 2763 | 2774 |
| &nbsp;&nbsp;&nbsp; OBX Trust, Ser 2023-NQM6, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.520%, 07/25/2063(D)(E) | 2274 | 2290 |
| &nbsp;&nbsp;&nbsp; OBX Trust, Ser 2024-NQM15, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.316%, 10/25/2064(D)(E) | 4469 | 4450 |
| &nbsp;&nbsp;&nbsp; Oceanview Mortgage Trust, Ser 2021-3, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 07/25/2051(A)(D) | 6546 | 5822 |
| &nbsp;&nbsp;&nbsp; Oceanview Mortgage Trust, Ser 2025-INV1, Cl AF1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.122%, SOFR30A + 0.800%, 11/25/2054(A)(D) | 4523 | 4500 |
| &nbsp;&nbsp;&nbsp; Oceanview Mortgage Trust, Ser 2025-INV2, Cl AF1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.180%, SOFR30A + 0.850%, 03/25/2055(A)(D) | 4150 | 4150 |
| &nbsp;&nbsp;&nbsp; One Bryant Park Trust, Ser 2019-OBP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.516%, 09/15/2054(D) | 2490 | 2240 |
| &nbsp;&nbsp;&nbsp; Onslow Bay Mortgage Loan Trust, Ser 2021-NQM4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.957%, 10/25/2061(A)(D) | 12012 | 10121 |
| &nbsp;&nbsp;&nbsp; PMT Loan Trust, Ser 2025-INV4, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/25/2056(A)(D) | 8571 | 8431 |
| &nbsp;&nbsp;&nbsp; Prime Mortgage Trust, Ser 2004-CL1, Cl 1, PO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 02/25/2034(B)(C) | 2 | 2 |
| &nbsp;&nbsp;&nbsp; PRKCM Trust, Ser 2021-AFC2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.071%, 11/25/2056(A)(D) | 748 | 657 |
| &nbsp;&nbsp;&nbsp; PRPM LLC, Ser 2024-RCF5, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 08/25/2054(D)(E) | 6425 | 6270 |
| &nbsp;&nbsp;&nbsp; RALI Trust, Ser 2005-QO5, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.497%, 12MTA + 1.000%, 01/25/2046(A) | 249 | 195 |
| &nbsp;&nbsp;&nbsp; RAMP Trust, Ser 2004-SL1, Cl A7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 11/25/2031 | 16 | 14 |
| &nbsp;&nbsp;&nbsp; Rate Mortgage Trust, Ser 2021-J4, Cl A7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 11/25/2051(A)(D) | 10217 | 8919 |
| &nbsp;&nbsp;&nbsp; Rate Mortgage Trust, Ser 2024-J4, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 12/25/2054(A)(D) | 5762 | 5818 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2024-INV1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/25/2054(A)(D) | $4688 | $4689 |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2025-CES1, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.653%, 01/25/2045(D)(E) | 4255 | 4281 |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2025-CES2, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.503%, 02/25/2055(D)(E) | 4294 | 4306 |
| &nbsp;&nbsp;&nbsp; Residential Asset Securitization Trust, Ser 2004-IP2, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.955%, 12/25/2034(A) | 158 | 143 |
| &nbsp;&nbsp;&nbsp; ROCK Trust, Ser 2024-CNTR, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.388%, 11/13/2041(D) | 2100 | 2126 |
| &nbsp;&nbsp;&nbsp; Rocket Mortgage Trust, Ser 2021-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 07/25/2051(A)(D) | 1103 | 882 |
| &nbsp;&nbsp;&nbsp; Rocket Mortgage Trust, Ser 2022-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 02/25/2052(A)(D) | 1360 | 1083 |
| &nbsp;&nbsp;&nbsp; Sequoia Mortgage Trust, Ser 2004-12, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.002%, US0006M + 0.320%, 01/20/2035(A) | 47 | 46 |
| &nbsp;&nbsp;&nbsp; Sequoia Mortgage Trust, Ser 2018-CH4, Cl B1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.036%, 10/25/2048(A)(D) | 1711 | 1692 |
| &nbsp;&nbsp;&nbsp; SFAVE Commercial Mortgage Securities Trust, Ser 2015-5AVE, Cl A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.144%, 01/05/2043(A)(D) | 5265 | 4444 |
| &nbsp;&nbsp;&nbsp; SG Residential Mortgage Trust, Ser 2022-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.166%, 03/27/2062(A)(D) | 3240 | 2970 |
| &nbsp;&nbsp;&nbsp; SMRT, Ser 2022-MINI, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.329%, TSFR1M + 1.000%, 01/15/2039(A)(D) | 5430 | 5403 |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.219%, 05/25/2065(A)(D) | 339 | 316 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2020-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.486%, 04/25/2065(A)(D) | 233 | 222 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2020-INV1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.027%, 11/25/2055(A)(D) | 193 | 181 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2021-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.162%, 08/25/2056(A)(D) | 1118 | 972 |
| &nbsp;&nbsp;&nbsp; Structured Asset Mortgage Investments II Trust, Ser 2004-AR5, Cl 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.101%, TSFR1M + 0.774%, 10/19/2034(A) | 25 | 24 |
| &nbsp;&nbsp;&nbsp; Structured Asset Mortgage Investments II Trust, Ser 2005-AR1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.921%, TSFR1M + 0.594%, 04/19/2035(A) | 502 | 490 |
| &nbsp;&nbsp;&nbsp; Structured Asset Securities, Ser 2003-37A, Cl 2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 12/25/2033(A) | 13 | 13 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; SWCH Commercial Mortgage Trust, Ser 2025-DATA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.772%, TSFR1M + 1.443%, 02/15/2042(A)(D) | $1994 | $1977 |
| &nbsp;&nbsp;&nbsp; Thornburg Mortgage Securities Trust, Ser 2003-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.079%, TSFR1M + 0.754%, 09/25/2043(A) | 53 | 52 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2017-4, Cl B2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.649%, 06/25/2057(A)(D) | 1860 | 1532 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2020-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.088%, 02/25/2063(A)(D) | 886 | 854 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 11/25/2061(A)(D) | 829 | 769 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2022-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/25/2062(D) | 2497 | 2373 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2024-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.827%, 03/25/2064(A)(D) | 5454 | 5506 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2024-3, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.108%, 07/25/2065(A)(D) | 5301 | 5371 |
| &nbsp;&nbsp;&nbsp; UBS Commercial Mortgage Trust, Ser C4, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.301%, 10/15/2050 | 802 | 782 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2019-INV3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.692%, 11/25/2059(A)(D) | 182 | 180 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.815%, 01/25/2066(A)(D) | 466 | 412 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.031%, 02/25/2066(A)(D) | 961 | 847 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.046%, 06/25/2066(A)(D) | 855 | 727 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.938%, 07/25/2066(A)(D) | 1112 | 916 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-5, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.013%, 09/25/2066(A)(D) | 2901 | 2476 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-7, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.829%, 10/25/2066(D)(E) | 1272 | 1137 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-8, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.824%, 11/25/2066(A)(D) | 1153 | 1045 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-R1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.820%, 10/25/2063(A)(D) | 272 | 261 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-R3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.020%, 04/25/2064(A)(D) | 413 | 391 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Virginia Housing Development Authority, Ser 2006-C, Cl CTFS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/25/2034 | $47 | $47 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2003-AR10, Cl A7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.501%, 10/25/2033(A) | 26 | 25 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2003-AR6, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.145%, 06/25/2033(A) | 20 | 20 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2003-AR9, Cl 1A6 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.548%, 09/25/2033(A) | 58 | 58 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2003-S4, Cl 2A10 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.822%, 06/25/2033(A) | 2 | 2 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2003-S9, Cl A8 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/25/2033 | 96 | 95 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2004-AR3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.423%, 06/25/2034(A) | 17 | 16 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2004-AR4, Cl A6 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.168%, 06/25/2034(A) | 1619 | 1581 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2004-AR7, Cl A6 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.919%, 07/25/2034(A) | 1375 | 1286 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2005-AR15, Cl A1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.959%, TSFR1M + 0.634%, 11/25/2045(A) | 4509 | 4309 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2005-AR19, Cl A1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.979%, TSFR1M + 0.654%, 12/25/2045(A) | 2058 | 2061 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2006-AR17, Cl 2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.059%, 12MTA + 1.500%, 12/25/2046(A) | 120 | 107 |
| &nbsp;&nbsp;&nbsp; Washington Mutual Mortgage Pass-Through Certificates, Ser 2005-3, Cl CX, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 05/25/2035 | 98 | 15 |
| &nbsp;&nbsp;&nbsp; Washington Mutual MSC Mortgage Pass-Through Certificates, Ser 2003-MS9, Cl 2P, PO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/25/2033(B)(C) | 5 | 5 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser 2025-5C4, Cl AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.093%, 05/15/2058 | 1590 | 1648 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser 2025-5C4, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.673%, 05/15/2058 | 3280 | 3390 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser 2025-C64, Cl A5 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.645%, 02/15/2058 | $| 848 | $| 875 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Mortgage-Backed Securities Trust, Ser 2005-AR14, Cl A1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.305%, 08/25/2035(A) |  | 10 |  | 10 |
| &nbsp;&nbsp;&nbsp; WFRBS Commercial Mortgage Trust, Ser 2014-C22, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.371%, 09/15/2057(A) |  | 970 |  | 880 |
| &nbsp;&nbsp;&nbsp; WFRBS Commercial Mortgage Trust, Ser 2014-C23, Cl XA, IO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/15/2057(A) |  | 384 |  |  |
|  |  |  |  | 440567 |
|  Total Mortgage-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $3,828,359) ($ Thousands) |  |  |  | 3719645 |
| **U.S. TREASURY OBLIGATIONS — 30.8%** | **U.S. TREASURY OBLIGATIONS — 30.8%** | **U.S. TREASURY OBLIGATIONS — 30.8%** | **U.S. TREASURY OBLIGATIONS — 30.8%** | **U.S. TREASURY OBLIGATIONS — 30.8%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.244%, 07/24/2025 (F) |  | 135630 |  | 134802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.219%, 07/31/2025 (F) |  | 10230 |  | 10159 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/15/2045  |  | 37297 |  | 37676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2045  |  | 168325 |  | 164301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2055  |  | 157165 |  | 153138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 02/15/2055  |  | 27445 |  | 26107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 08/15/2054  |  | 26760 |  | 23929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 11/15/2048  |  | 44565 |  | 34463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 02/15/2043  |  | 8250 |  | 6502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 05/15/2048 (G) |  | 63445 |  | 47058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/15/2048  |  | 43350 |  | 31485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/15/2048  |  | 4442 |  | 3210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/15/2049  |  | 65482 |  | 47157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 05/15/2052  |  | 28345 |  | 19473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 05/15/2046  |  | 41444 |  | 27991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 02/15/2042  |  | 8403 |  | 5986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 05/15/2051  |  | 19115 |  | 11827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 08/15/2046  |  | 67158 |  | 42973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 11/15/2041  |  | 93412 |  | 62955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 08/15/2051  |  | 16580 |  | 9316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.875%, 02/15/2041  |  | 2345 |  | 1579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 08/15/2041  |  | 114919 |  | 74648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.375%, 11/15/2040  |  | 51148 |  | 31898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.125%, 08/15/2040  |  | 21739 |  | 13066 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Inflation Protected Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.125%, 01/15/2035  |  | 29306 |  | 29511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.875%, 07/15/2034  |  | 19813 |  | 19656 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/15/2027  |  | 25930 |  | 26208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 08/15/2026  |  | 4375 |  | 4389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 12/31/2026  |  | 50115 |  | 50305 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 01/15/2028  | $| 70535 | $| 71180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/15/2035  |  | 91904 |  | 90870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 01/31/2027  |  | 16870 |  | 16908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 05/31/2032  |  | 138897 |  | 138550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/31/2030  |  | 311344 |  | 311952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/30/2032  |  | 45560 |  | 45111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 03/31/2027  |  | 23115 |  | 23089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 05/31/2027  |  | 140631 |  | 140576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/30/2030  |  | 80958 |  | 80635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/30/2027  |  | 67865 |  | 67656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/15/2028  |  | 77415 |  | 77167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 05/15/2028  |  | 232773 |  | 232082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 03/31/2030  |  | 5958 |  | 5868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 05/15/2028  |  | 34003 |  | 33067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 04/30/2029  |  | 6838 |  | 6582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.625%, 07/31/2029 (G) |  | 28040 |  | 26652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 05/15/2027  |  | 73530 |  | 71413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 03/31/2029  |  | 61990 |  | 58619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.875%, 02/28/2027  |  | 6455 |  | 6230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.875%, 02/28/2029  |  | 37664 |  | 35026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.875%, 02/15/2032  |  | 14395 |  | 12484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.750%, 05/31/2026  |  | 10910 |  | 10550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.750%, 08/31/2026  |  | 13415 |  | 12878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.500%, 10/31/2027  |  | 7403 |  | 6831 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $2,781,760) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $2,781,760) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $2,781,760) ($ Thousands) |  | 2733744 |
| **CORPORATE OBLIGATIONS — 22.9%** | **CORPORATE OBLIGATIONS — 22.9%** | **CORPORATE OBLIGATIONS — 22.9%** | **CORPORATE OBLIGATIONS — 22.9%** | **CORPORATE OBLIGATIONS — 22.9%** |
| **Communication Services — 1.7%** | **Communication Services — 1.7%** | **Communication Services — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp; Alphabet  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/15/2065  |  | 1246 |  | 1193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2055  |  | 1246 |  | 1205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/15/2035  |  | 3550 |  | 3448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/15/2030  |  | 1636 |  | 1619 |
| &nbsp;&nbsp;&nbsp; AT&T  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 12/01/2057  |  | 1132 |  | 775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 09/15/2059  |  | 719 |  | 472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 09/15/2055  |  | 16202 |  | 10711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 06/01/2041  |  | 733 |  | 561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/15/2053  |  | 4734 |  | 3146 |
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC / Charter Communications Operating Capital  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, 06/01/2034  |  | 730 |  | 764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.484%, 10/23/2045  |  | 110 |  | 106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 06/01/2029  |  | 5650 |  | 5882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/01/2048  |  | 1160 |  | 1018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/01/2063  |  | 435 |  | 356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 04/01/2038  |  | 410 |  | 378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 04/01/2053  |  | 947 |  | 780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 07/01/2049  |  | 310 |  | 249 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.908%, 07/23/2025  | $224 | $224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 03/01/2050  | 230 | 178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 06/01/2052  | 560 | 370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/15/2028  | 681 | 665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 04/01/2051  | 2145 | 1381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 06/01/2041  | 395 | 277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 03/01/2042  | 2089 | 1445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.300%, 02/01/2032  | 2000 | 1648 |
| &nbsp;&nbsp;&nbsp; Comcast  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 05/15/2053  | 1372 | 1242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/15/2035  | 2195 | 2200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 10/15/2038  | 4025 | 3651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.049%, 11/01/2052  | 740 | 545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.987%, 11/01/2063  | 859 | 473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.937%, 11/01/2056  | 1110 | 635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.887%, 11/01/2051  | 4815 | 2857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 02/15/2031  | 1720 | 1449 |
| &nbsp;&nbsp;&nbsp; Cox Enterprises  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 07/15/2027 (D) | 2895 | 3049 |
| &nbsp;&nbsp;&nbsp; Meta Platforms  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 05/15/2053  | 2655 | 2597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 08/15/2064  | 6552 | 6270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 08/15/2054  | 5821 | 5526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 08/15/2052  | 1495 | 1236 |
| &nbsp;&nbsp;&nbsp; Netflix  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 08/15/2054  | 944 | 908 |
| &nbsp;&nbsp;&nbsp; Paramount Global  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 04/30/2036  | 3025 | 3075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 10/15/2040  | 1770 | 1577 |
| &nbsp;&nbsp;&nbsp; Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.152%, 03/20/2028 (D) | 7728 | 7762 |
| &nbsp;&nbsp;&nbsp; Time Warner Cable Enterprises LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 07/15/2033  | 1380 | 1585 |
| &nbsp;&nbsp;&nbsp; Time Warner Cable LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.300%, 07/01/2038  | 100 | 107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 06/15/2039  | 170 | 172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, 05/01/2037  | 280 | 282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/15/2040  | 7880 | 7369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/01/2041  | 2402 | 2117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 09/15/2042  | 1070 | 823 |
| &nbsp;&nbsp;&nbsp; T-Mobile USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/15/2055  | 909 | 885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/15/2035  | 1528 | 1523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 05/15/2032  | 2274 | 2294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 07/15/2033  | 2560 | 2538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 01/15/2035  | 1395 | 1333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/15/2030  | 870 | 839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/15/2027  | 6478 | 6394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/15/2031  | 13645 | 12679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 10/15/2052  | 3480 | 2273 |
| &nbsp;&nbsp;&nbsp; Verizon Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/23/2054  | 688 | 654 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 04/02/2035  | $| 2273 | $2264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.272%, 01/15/2036  |  | 1435 | 1307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/22/2061  |  | 475 | 320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.987%, 10/30/2056  |  | 1247 | 730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 11/20/2040  |  | 420 | 289 |
| &nbsp;&nbsp;&nbsp; Walt Disney  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 05/13/2040  |  | 3945 | 3168 |
| &nbsp;&nbsp;&nbsp; Warnermedia Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.141%, 03/15/2052  |  | 15780 | 10229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/15/2042  |  | 7170 | 5158 |
|  |  |  | 151235 |
| **Consumer Discretionary — 1.0%** | **Consumer Discretionary — 1.0%** | **Consumer Discretionary — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; Amazon.com  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/22/2037  |  | 2490 | 2218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 04/13/2029  |  | 550 | 538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 08/22/2027  |  | 160 | 157 |
| &nbsp;&nbsp;&nbsp; AutoZone  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 11/01/2028  |  | 810 | 857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/15/2030  |  | 1730 | 1757 |
| &nbsp;&nbsp;&nbsp; BMW US Capital LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/21/2030 (D) |  | 2250 | 2268 |
| &nbsp;&nbsp;&nbsp; Dick's Sporting Goods  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 01/15/2052  |  | 2678 | 1836 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.054%, 11/05/2031  |  | 10543 | 10272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 03/05/2031  |  | 312 | 305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 02/10/2029  |  | 6537 | 5852 |
| &nbsp;&nbsp;&nbsp; General Motors  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 10/15/2032  |  | 280 | 279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 04/15/2028  |  | 3890 | 3921 |
| &nbsp;&nbsp;&nbsp; General Motors Financial  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 07/15/2035  |  | 1335 | 1338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/04/2034  |  | 3060 | 3040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 07/15/2030  |  | 9606 | 9619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/07/2030  |  | 864 | 865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/09/2027  |  | 465 | 465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 01/17/2027  |  | 520 | 515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 06/10/2031  |  | 3111 | 2670 |
| &nbsp;&nbsp;&nbsp; Home Depot  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 06/25/2031  |  | 776 | 789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 06/25/2029  |  | 1167 | 1185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 04/15/2052  |  | 746 | 528 |
| &nbsp;&nbsp;&nbsp; Hyundai Capital America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/24/2029 (D) |  | 1900 | 1918 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 03/27/2030 (D) |  | 2792 | 2793 |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 08/15/2029  |  | 610 | 619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 06/15/2028  |  | 2720 | 2726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 06/25/2025  |  | 140 | 140 |
| &nbsp;&nbsp;&nbsp; Lowe's  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/15/2040  |  | 2000 | 1844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2052  |  | 1927 | 1462 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/01/2051  | $| 993 | $659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 04/15/2026  |  | 260 | 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.700%, 09/15/2028  |  | 900 | 826 |
| &nbsp;&nbsp;&nbsp; McDonald's  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 03/03/2035  |  | 2670 | 2633 |
| &nbsp;&nbsp;&nbsp; McDonald's MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.300%, 03/01/2038  |  | 1170 | 1258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 12/09/2035  |  | 485 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 04/01/2028  |  | 250 | 247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 01/30/2026  |  | 1065 | 1061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 07/01/2030  |  | 460 | 441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 03/01/2027  |  | 180 | 178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 07/01/2027  |  | 510 | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.125%, 03/01/2030  |  | 420 | 378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.450%, 09/01/2025  |  | 850 | 843 |
| &nbsp;&nbsp;&nbsp; Starbucks  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 05/15/2035  |  | 5395 | 5407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 11/15/2050  |  | 1250 | 841 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Credit  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 03/21/2031  |  | 2845 | 2893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 05/15/2030  |  | 1911 | 1923 |
| &nbsp;&nbsp;&nbsp; Volkswagen Group of America Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 03/27/2035 (D) |  | 2730 | 2699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 03/25/2032 (D) |  | 4150 | 4158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 03/27/2030 (D) |  | 2250 | 2255 |
|  |  |  | 92701 |
| **Consumer Staples — 1.5%** | **Consumer Staples — 1.5%** | **Consumer Staples — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Alcon Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 12/06/2032 (D) |  | 3268 | 3306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/23/2029 (D) |  | 3845 | 3573 |
| &nbsp;&nbsp;&nbsp; Altria Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 02/04/2028  |  | 1290 | 1302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 02/14/2029  |  | 11 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 02/14/2026  |  | 203 | 203 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 02/01/2046  |  | 3680 | 3318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 02/01/2036  |  | 8506 | 8176 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch InBev Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 01/23/2039  |  | 1931 | 1936 |
| &nbsp;&nbsp;&nbsp; BAT Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.081%, 08/02/2053  |  | 485 | 526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 08/15/2055  |  | 1298 | 1279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.834%, 02/20/2031  |  | 2630 | 2740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 08/15/2035  |  | 3650 | 3657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 08/15/2032  |  | 5930 | 5990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.540%, 08/15/2047  |  | 3208 | 2533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.390%, 08/15/2037  |  | 1284 | 1130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.557%, 08/15/2027  |  | 259 | 253 |
| &nbsp;&nbsp;&nbsp; Bayer US Finance II LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 12/15/2028 (D) |  | 3938 | 3863 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Bunge Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 09/17/2029  | $1820 | $1796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.630%, 08/17/2025  | 788 | 783 |
| &nbsp;&nbsp;&nbsp; Coca-Cola  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 01/14/2055  | 422 | 395 |
| &nbsp;&nbsp;&nbsp; CommonSpirit Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.347%, 10/01/2029  | 718 | 678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.782%, 10/01/2030  | 1840 | 1660 |
| &nbsp;&nbsp;&nbsp; Constellation Brands  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 08/01/2031  | 5146 | 4411 |
| &nbsp;&nbsp;&nbsp; CVS Pass-Through Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.036%, 12/10/2028  | 700 | 708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.926%, 01/10/2034 (D) | 110 | 110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.880%, 01/10/2028  | 35 | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.789%, 01/10/2026 (D) | 100 | 100 |
| &nbsp;&nbsp;&nbsp; Diageo Investment  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 04/15/2035  | 1495 | 1535 |
| &nbsp;&nbsp;&nbsp; Fresenius Medical Care US Finance III  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.875%, 12/01/2026 (D) | 2440 | 2333 |
| &nbsp;&nbsp;&nbsp; Imperial Brands Finance PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 07/21/2025 (D) | 1326 | 1324 |
| &nbsp;&nbsp;&nbsp; Imperial Brands Finance PLC MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 07/01/2034 (D) | 1592 | 1601 |
| &nbsp;&nbsp;&nbsp; Japan Tobacco  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/15/2030 (D) | 4060 | 4143 |
| &nbsp;&nbsp;&nbsp; JBS USA Holding Lux SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 11/15/2053  | 2586 | 2851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/15/2034  | 2582 | 2774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/01/2052  | 4377 | 4436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 02/25/2055 (D) | 405 | 403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 01/15/2032  | 2180 | 1960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/02/2029  | 180 | 169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 05/15/2032  | 5434 | 4671 |
| &nbsp;&nbsp;&nbsp; Kenvue  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 05/22/2032  | 2679 | 2691 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 03/15/2034  | 3315 | 3346 |
| &nbsp;&nbsp;&nbsp; Kroger  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/15/2054  | 2493 | 2305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/15/2034  | 760 | 740 |
| &nbsp;&nbsp;&nbsp; Mars  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 03/01/2035 (D) | 10535 | 10495 |
| &nbsp;&nbsp;&nbsp; Philip Morris International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/15/2033  | 3000 | 3059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 11/17/2025  | 1833 | 1836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 04/30/2035  | 3439 | 3326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 04/30/2030  | 3244 | 3205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/28/2028  | 3832 | 3808 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 03/01/2032  | 670 | 593 |
| &nbsp;&nbsp;&nbsp; Reynolds American  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 05/01/2040  | 1060 | 1227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 09/15/2043  | 480 | 474 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Sysco  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 09/23/2030  | $| 2145 | $2175 |
| &nbsp;&nbsp;&nbsp; Tyson Foods  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 08/15/2044  |  | 463 | 414 |
| &nbsp;&nbsp;&nbsp; Walmart  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 04/28/2035  |  | 4035 | 4036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 04/28/2030  |  | 3084 | 3095 |
|  |  |  | 129498 |
| **Energy — 1.4%** | **Energy — 1.4%** | **Energy — 1.4%** |  |
| &nbsp;&nbsp;&nbsp; Aker BP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 10/01/2054 (D) |  | 402 | 352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 10/01/2034 (D) |  | 3324 | 3117 |
| &nbsp;&nbsp;&nbsp; BP Capital Markets America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.893%, 09/11/2033  |  | 1835 | 1804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.812%, 02/13/2033  |  | 3940 | 3867 |
| &nbsp;&nbsp;&nbsp; Chevron USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.980%, 04/15/2035  |  | 251 | 250 |
| &nbsp;&nbsp;&nbsp; Columbia Pipelines Operating LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.544%, 11/15/2053 (D) |  | 280 | 281 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 03/15/2054  |  | 672 | 624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/2055  |  | 1202 | 1108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 11/15/2034  |  | 458 | 418 |
| &nbsp;&nbsp;&nbsp; Continental Resources/Oklahoma  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.268%, 11/15/2026 (D) |  | 4370 | 4193 |
| &nbsp;&nbsp;&nbsp; Devon Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 09/30/2031  |  | 1210 | 1372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 09/15/2054  |  | 1433 | 1246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 09/15/2034  |  | 5902 | 5588 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 04/18/2064  |  | 1314 | 1176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/18/2054  |  | 2845 | 2550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 04/01/2035  |  | 2263 | 2232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 04/18/2027  |  | 774 | 782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 01/30/2030  |  | 1446 | 1463 |
| &nbsp;&nbsp;&nbsp; Eastern Energy Gas Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2035  |  | 4435 | 4524 |
| &nbsp;&nbsp;&nbsp; Energy Transfer LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, 12/01/2033  |  | 1950 | 2071 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 12/01/2030  |  | 3220 | 3423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 04/15/2049  |  | 1390 | 1324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 04/01/2055  |  | 141 | 133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 02/01/2029 (D) |  | 1560 | 1580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 05/15/2054  |  | 3551 | 3243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 04/01/2035  |  | 2471 | 2464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 06/01/2027  |  | 620 | 628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 04/01/2044  |  | 60 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 04/15/2047  |  | 781 | 664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/01/2029  |  | 2207 | 2243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/15/2050  |  | 7004 | 5662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 06/15/2028  |  | 280 | 282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 10/01/2027  |  | 1870 | 1846 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Eni SpA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 05/15/2054 (D) | $890 | $833 |
| &nbsp;&nbsp;&nbsp; Enterprise Products Operating LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.550%, 04/15/2038  | 60 | 70 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 02/15/2035  | 1855 | 1813 |
| &nbsp;&nbsp;&nbsp; Equinor  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/03/2035  | 1531 | 1535 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.227%, 03/19/2040  | 745 | 653 |
| &nbsp;&nbsp;&nbsp; Galaxy Pipeline Assets Bidco  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.625%, 03/31/2036 (D) | 1171 | 977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.160%, 03/31/2034 (D) | 1303 | 1142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 09/30/2027 (D) | 954 | 918 |
| &nbsp;&nbsp;&nbsp; Greensaif Pipelines Bidco SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.103%, 08/23/2042 (D) | 1985 | 1952 |
| &nbsp;&nbsp;&nbsp; Hess  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2040  | 7955 | 8175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/01/2047  | 1150 | 1109 |
| &nbsp;&nbsp;&nbsp; HF Sinclair  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/01/2028  | 3595 | 3578 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 03/01/2048  | 1240 | 1077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 06/01/2030  | 1510 | 1524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/01/2029  | 300 | 304 |
| &nbsp;&nbsp;&nbsp; MPLX  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/01/2055  | 3440 | 3177 |
| &nbsp;&nbsp;&nbsp; ONEOK  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 11/01/2064  | 313 | 280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 11/01/2054  | 1843 | 1647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 11/01/2034  | 403 | 384 |
| &nbsp;&nbsp;&nbsp; Petroleos Mexicanos  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 02/12/2048  | 266 | 173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.460%, 12/15/2025  | 313 | 308 |
| &nbsp;&nbsp;&nbsp; Petroleos Mexicanos MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 09/21/2047  | 809 | 547 |
| &nbsp;&nbsp;&nbsp; Phillips 66  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.300%, 02/15/2026  | 530 | 518 |
| &nbsp;&nbsp;&nbsp; Sabine Pass Liquefaction LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/15/2027  | 6100 | 6127 |
| &nbsp;&nbsp;&nbsp; Saudi Arabian Oil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 06/02/2055 (D) | 8466 | 8297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 06/02/2030 (D) | 3236 | 3225 |
| &nbsp;&nbsp;&nbsp; Shell Finance US  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 05/11/2035  | 3250 | 3018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/10/2046  | 170 | 132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 04/06/2030  | 660 | 614 |
| &nbsp;&nbsp;&nbsp; Spectra Energy Partners LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 10/15/2026  | 140 | 138 |
| &nbsp;&nbsp;&nbsp; Tennessee Gas Pipeline LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 06/15/2032  | 2200 | 2503 |
| &nbsp;&nbsp;&nbsp; TotalEnergies Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.638%, 04/05/2064  | 385 | 360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.425%, 09/10/2064  | 406 | 368 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; TransCanada PipeLines  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 03/15/2036  | $| 117 | $119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 03/01/2034  |  | 4705 | 4430 |
| &nbsp;&nbsp;&nbsp; Williams  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 06/15/2031  |  | 339 | 383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 01/15/2031  |  | 9 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 01/15/2045  |  | 570 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 06/15/2027  |  | 410 | 404 |
|  |  |  | 125871 |
| **Financials — 7.1%** | **Financials — 7.1%** | **Financials — 7.1%** |  |
| &nbsp;&nbsp;&nbsp; AIB Group PLC MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.871%, SOFRRATE + 1.910%, 03/28/2035 (A)(D) |  | 2645 | 2685 |
| &nbsp;&nbsp;&nbsp; American Express  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.667%, SOFRRATE + 1.790%, 04/25/2036 (A) |  | 3843 | 3924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.442%, SOFRINDX + 1.320%, 01/30/2036 (A) |  | 1572 | 1582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.389%, SOFRRATE + 0.970%, 07/28/2027 (A) |  | 11465 | 11567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.085%, SOFRINDX + 1.020%, 01/30/2031 (A) |  | 1136 | 1153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.016%, SOFRRATE + 1.440%, 04/25/2031 (A) |  | 3062 | 3097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.731%, SOFRRATE + 1.260%, 04/25/2029 (A) |  | 3301 | 3320 |
| &nbsp;&nbsp;&nbsp; American International Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 05/07/2035  |  | 290 | 292 |
| &nbsp;&nbsp;&nbsp; Aon North America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/01/2034  |  | 5640 | 5703 |
| &nbsp;&nbsp;&nbsp; Apollo Debt Solutions BDC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, 03/15/2032 (D) |  | 1252 | 1265 |
| &nbsp;&nbsp;&nbsp; Apollo Global Management  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/21/2054  |  | 417 | 399 |
| &nbsp;&nbsp;&nbsp; Ares Management  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 10/11/2054  |  | 1166 | 1065 |
| &nbsp;&nbsp;&nbsp; Ares Strategic Income Fund  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 03/21/2032  |  | 1669 | 1654 |
| &nbsp;&nbsp;&nbsp; Athene Global Funding  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.205%, 03/08/2027 (D) |  | 1470 | 1423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 11/12/2026 (D) |  | 4275 | 4167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.717%, 01/07/2029 (D) |  | 1245 | 1150 |
| &nbsp;&nbsp;&nbsp; Avolon Holdings Funding  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 05/04/2028 (D) |  | 1410 | 1460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/01/2029 (D) |  | 1410 | 1436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 11/15/2029 (D) |  | 3015 | 3066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 05/30/2030 (D) |  | 4380 | 4394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 02/15/2027 (D) |  | 400 | 388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.528%, 11/18/2027 (D) |  | 1073 | 1011 |
| &nbsp;&nbsp;&nbsp; Bain Capital Specialty Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 03/15/2030  |  | 1137 | 1121 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Bank of America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.744%, SOFRRATE + 1.697%, 02/12/2036 (A) | $3360 | $3337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.468%, SOFRRATE + 1.650%, 01/23/2035 (A) | 12465 | 12595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.571%, SOFRRATE + 1.830%, 04/27/2033 (A) | 2970 | 2881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.687%, SOFRRATE + 1.320%, 04/22/2032 (A) | 510 | 450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.592%, SOFRRATE + 2.150%, 04/29/2031 (A) | 9445 | 8522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.734%, SOFRRATE + 0.960%, 07/22/2027 (A) | 14443 | 13971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.658%, SOFRRATE + 0.910%, 03/11/2027 (A) | 2435 | 2379 |
| &nbsp;&nbsp;&nbsp; Bank of America MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.972%, SOFRRATE + 1.330%, 02/04/2033 (A) | 1885 | 1661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.884%, TSFR3M + 1.452%, 10/22/2030 (A) | 480 | 445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.496%, TSFR3M + 1.252%, 02/13/2031 (A) | 3162 | 2852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.087%, SOFRRATE + 1.060%, 06/14/2029 (A) | 13470 | 12504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.922%, SOFRRATE + 1.370%, 10/24/2031 (A) | 765 | 659 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.942%, SOFRRATE + 0.887%, 02/11/2031 (A) | 2426 | 2452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.543%, SOFRRATE + 1.169%, 02/01/2029 (A) | 2020 | 2028 |
| &nbsp;&nbsp;&nbsp; Bank of Nova Scotia  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, H15T5Y + 4.551%(A)(H) | 1385 | 1384 |
| &nbsp;&nbsp;&nbsp; Barclays  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.367%, SOFRRATE + 1.230%, 02/25/2031 (A) | 2570 | 2592 |
| &nbsp;&nbsp;&nbsp; Barclays PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.785%, SOFRRATE + 1.590%, 02/25/2036 (A) | 4156 | 4165 |
| &nbsp;&nbsp;&nbsp; BlackRock Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/14/2054  | 340 | 318 |
| &nbsp;&nbsp;&nbsp; Blue Owl Credit Income  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.600%, 09/15/2029  | 1685 | 1722 |
| &nbsp;&nbsp;&nbsp; BNP Paribas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.906%, SOFRRATE + 1.920%, 11/19/2035 (A)(D) | 1262 | 1255 |
| &nbsp;&nbsp;&nbsp; BPCE  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.027%, SOFRRATE + 1.956%, 05/28/2036 (A)(D) | 1979 | 2008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.389%, SOFRRATE + 1.581%, 05/28/2031 (A)(D) | 2335 | 2355 |
| &nbsp;&nbsp;&nbsp; Capital One Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.051%, SOFRRATE + 2.260%, 02/01/2035 (A) | 3396 | 3485 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; CBRE Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 06/15/2035  | $1146 | $1129 |
| &nbsp;&nbsp;&nbsp; Charles Schwab  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.643%, SOFRRATE + 2.210%, 05/19/2029 (A) | 3380 | 3499 |
| &nbsp;&nbsp;&nbsp; Chubb INA Holdings LLC MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/15/2034  | 2500 | 2502 |
| &nbsp;&nbsp;&nbsp; CI Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 12/17/2030  | 6530 | 5697 |
| &nbsp;&nbsp;&nbsp; Citadel LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 01/15/2027 (D) | 1240 | 1232 |
| &nbsp;&nbsp;&nbsp; Citibank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.570%, 04/30/2034  | 7815 | 8002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.914%, 05/29/2030  | 8238 | 8308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.576%, 05/29/2027  | 6676 | 6686 |
| &nbsp;&nbsp;&nbsp; Citigroup  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 07/15/2039  | 1438 | 1770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.174%, SOFRRATE + 2.661%, 05/25/2034 (A) | 1853 | 1899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.020%, SOFRRATE + 1.830%, 01/24/2036 (A) | 4785 | 4813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.827%, SOFRRATE + 2.056%, 02/13/2035 (A) | 849 | 847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.612%, SOFRRATE + 1.746%, 03/04/2056 (A) | 2060 | 1963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.610%, SOFRRATE + 1.546%, 09/29/2026 (A) | 3505 | 3513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.449%, SOFRRATE + 1.447%, 06/11/2035 (A) | 405 | 406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.333%, SOFRRATE + 1.465%, 03/27/2036 (A) | 5461 | 5387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/06/2044  | 255 | 233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.174%, SOFRRATE + 1.364%, 02/13/2030 (A) | 12485 | 12645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.786%, SOFRRATE + 0.870%, 03/04/2029 (A) | 3001 | 3005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 03/09/2026  | 2785 | 2782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.542%, SOFRRATE + 1.338%, 09/19/2030 (A) | 1442 | 1424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.057%, SOFRRATE + 1.351%, 01/25/2033 (A) | 313 | 275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.572%, SOFRRATE + 2.107%, 06/03/2031 (A) | 4150 | 3718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.561%, SOFRRATE + 1.167%, 05/01/2032 (A) | 13320 | 11635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.520%, SOFRRATE + 1.177%, 11/03/2032 (A) | 215 | 185 |
| &nbsp;&nbsp;&nbsp; Constellation Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.800%, 01/24/2030 (D) | 1775 | 1702 |
| &nbsp;&nbsp;&nbsp; Cooperatieve Rabobank UA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.758%, H15T1Y + 1.420%, 04/06/2033 (A)(D) | 3290 | 3022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.649%, H15T1Y + 1.220%, 04/06/2028 (A)(D) | 780 | 767 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Credit Agricole  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.222%, SOFRRATE + 1.460%, 05/27/2031 (A)(D) | $3107 | $3134 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank NY  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.819%, SOFRRATE + 2.510%, 11/20/2029 (A) | 1445 | 1529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.297%, SOFRRATE + 1.720%, 05/09/2031 (A) | 3026 | 3030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.999%, SOFRRATE + 1.700%, 09/11/2030 (A) | 1695 | 1688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.742%, SOFRRATE + 2.257%, 01/07/2033 (A) | 4363 | 3840 |
| &nbsp;&nbsp;&nbsp; Farmers Exchange Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.200%, 07/15/2048 (D) | 1788 | 1763 |
| &nbsp;&nbsp;&nbsp; Farmers Exchange Capital II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.151%, TSFR3M + 4.006%, 11/01/2053 (A)(D) | 5120 | 4803 |
| &nbsp;&nbsp;&nbsp; Farmers Exchange Capital III  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.454%, TSFR3M + 3.454%, 10/15/2054 (A)(D) | 2510 | 2231 |
| &nbsp;&nbsp;&nbsp; Farmers Insurance Exchange  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, H15T10Y + 3.864%, 10/15/2064 (A)(D) | 1530 | 1495 |
| &nbsp;&nbsp;&nbsp; FS KKR Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 01/15/2030  | 2347 | 2311 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Bank USA NY  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.414%, SOFRRATE + 0.750%, 05/21/2027 (A) | 2212 | 2228 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.734%, SOFRRATE + 1.696%, 01/28/2056 (A) | 3832 | 3724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.536%, SOFRRATE + 1.380%, 01/28/2036 (A) | 5585 | 5625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.330%, SOFRRATE + 1.550%, 07/23/2035 (A) | 2704 | 2681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.218%, SOFRRATE + 1.580%, 04/23/2031 (A) | 5375 | 5453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.207%, SOFRRATE + 1.078%, 01/28/2031 (A) | 3372 | 3419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.049%, SOFRRATE + 1.210%, 07/23/2030 (A) | 1322 | 1333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.016%, SOFRRATE + 1.420%, 10/23/2035 (A) | 5680 | 5497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.692%, SOFRRATE + 1.135%, 10/23/2030 (A) | 2633 | 2624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.908%, SOFRRATE + 1.472%, 07/21/2042 (A) | 280 | 195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, SOFRRATE + 1.264%, 10/21/2032 (A) | 2770 | 2405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.615%, SOFRRATE + 1.281%, 04/22/2032 (A) | 2000 | 1754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.383%, SOFRRATE + 1.248%, 07/21/2032 (A) | 13815 | 11888 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.542%, SOFRRATE + 0.818%, 09/10/2027 (A) | $5805 | $5574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.431%, SOFRRATE + 0.798%, 03/09/2027 (A) | 9465 | 9227 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Private Credit  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 05/06/2030 (D) | 1761 | 1776 |
| &nbsp;&nbsp;&nbsp; Guardian Life Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.798%, 04/28/2030 (D) | 7755 | 7815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.100%, 06/23/2025 (D) | 290 | 289 |
| &nbsp;&nbsp;&nbsp; Guardian Life Global Funding MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.179%, 09/26/2029 (D) | 4400 | 4357 |
| &nbsp;&nbsp;&nbsp; HSBC Bank USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 01/15/2039  | 510 | 573 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.887%, SOFRRATE + 1.570%, 08/14/2027 (A) | 1480 | 1498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.874%, SOFRRATE + 1.900%, 11/18/2035 (A) | 2623 | 2599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.790%, SOFRRATE + 1.880%, 05/13/2036 (A) | 3634 | 3659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.733%, SOFRRATE + 1.520%, 05/17/2032 (A) | 8250 | 8462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.597%, SOFRRATE + 1.060%, 05/17/2028 (A) | 1680 | 1705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.286%, SOFRRATE + 1.290%, 11/19/2030 (A) | 5000 | 5050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.130%, SOFRRATE + 1.290%, 03/03/2031 (A) | 3427 | 3436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.899%, SOFRRATE + 1.030%, 03/03/2029 (A) | 3427 | 3435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.583%, TSFR3M + 1.796%, 06/19/2029 (A) | 660 | 656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.357%, SOFRRATE + 1.947%, 08/18/2031 (A) | 410 | 359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.099%, SOFRRATE + 1.929%, 06/04/2026 (A) | 4845 | 4844 |
| &nbsp;&nbsp;&nbsp; ING Groep  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.525%, SOFRRATE + 1.610%, 03/25/2036 (A) | 3114 | 3106 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/15/2031  | 1695 | 1744 |
| &nbsp;&nbsp;&nbsp; Jackson Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 11/23/2031  | 2780 | 2414 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 09/01/2030  | 1725 | 2026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.766%, SOFRRATE + 1.490%, 04/22/2035 (A) | 5475 | 5662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.572%, SOFRRATE + 1.680%, 04/22/2036 (A) | 5875 | 5977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.502%, SOFRRATE + 1.315%, 01/24/2036 (A) | 2215 | 2241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.299%, SOFRRATE + 1.450%, 07/24/2029 (A) | 6325 | 6453 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.294%, SOFRRATE + 1.460%, 07/22/2035 (A) | $4271 | $4263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.090%, TSFR3M + 0.812%, 02/01/2027 (A) | 2740 | 2703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.946%, SOFRRATE + 1.340%, 10/22/2035 (A) | 335 | 325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.452%, TSFR3M + 1.592%, 12/05/2029 (A) | 740 | 735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/01/2027  | 2070 | 2070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.203%, TSFR3M + 1.522%, 07/23/2029 (A) | 940 | 930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 12/15/2026  | 2420 | 2409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 12/01/2027  | 1000 | 982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.947%, SOFRRATE + 1.170%, 02/24/2028 (A) | 1470 | 1431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.739%, TSFR3M + 1.510%, 10/15/2030 (A) | 1640 | 1512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.580%, TSFR3M + 1.250%, 04/22/2032 (A) | 1212 | 1070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.545%, SOFRRATE + 1.180%, 11/08/2032 (A) | 2175 | 1885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.522%, SOFRRATE + 2.040%, 04/22/2031 (A) | 4631 | 4179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.182%, SOFRRATE + 1.890%, 06/01/2028 (A) | 1775 | 1694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.069%, SOFRRATE + 1.015%, 06/01/2029 (A) | 2525 | 2349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.953%, SOFRRATE + 1.065%, 02/04/2032 (A) | 5425 | 4645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.578%, SOFRRATE + 0.885%, 04/22/2027 (A) | 5945 | 5789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.470%, SOFRRATE + 0.765%, 09/22/2027 (A) | 3180 | 3054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.045%, SOFRRATE + 0.800%, 11/19/2026 (A) | 2250 | 2211 |
| &nbsp;&nbsp;&nbsp; Lehman Brothers Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/31/2049 (I) | 4040 | 2 |
| &nbsp;&nbsp;&nbsp; Lehman Brothers Holdings MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 12/31/2049 (I) | 10370 |  |
| &nbsp;&nbsp;&nbsp; Lehman Brothers Holdings Capital Trust VII MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.857%, US0003M + 0.840%(H)(I) | 20630 |  |
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/22/2028  | 680 | 676 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 11/01/2032  | 1510 | 1589 |
| &nbsp;&nbsp;&nbsp; MassMutual Global Funding II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 01/10/2030 (D) | 4500 | 4556 |
| &nbsp;&nbsp;&nbsp; Mastercard  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 03/26/2050  | 2850 | 2187 |
| &nbsp;&nbsp;&nbsp; Mercury General  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 03/15/2027  | 1720 | 1695 |
| &nbsp;&nbsp;&nbsp; Metropolitan Life Global Funding I  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 12/18/2026 (D) | 2030 | 2001 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Mitsubishi UFJ Financial Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.615%, H15T1Y + 1.270%, 04/24/2036 (A) | $2693 | $2735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.159%, H15T1Y + 1.170%, 04/24/2031 (A) | 3067 | 3110 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.587%, SOFRRATE + 1.418%, 01/18/2036 (A) | 3470 | 3504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.466%, SOFRRATE + 1.730%, 01/18/2035 (A) | 2960 | 2978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.449%, SOFRRATE + 1.630%, 07/20/2029 (A) | 2325 | 2378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.320%, SOFRRATE + 1.555%, 07/19/2035 (A) | 5605 | 5569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.230%, SOFRRATE + 1.108%, 01/15/2031 (A) | 4361 | 4425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.192%, SOFRRATE + 1.510%, 04/17/2031 (A) | 3230 | 3277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.042%, SOFRRATE + 1.215%, 07/19/2030 (A) | 4054 | 4094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.994%, SOFRRATE + 1.380%, 04/12/2029 (A) | 4475 | 4517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.593%, SOFRRATE + 0.879%, 05/04/2027 (A) | 1520 | 1477 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.831%, SOFRRATE + 1.580%, 04/19/2035 (A) | 8702 | 8972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.656%, SOFRRATE + 1.260%, 04/18/2030 (A) | 955 | 986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, SOFRRATE + 1.870%, 04/21/2034 (A) | 4170 | 4167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.431%, TSFR3M + 1.890%, 01/23/2030 (A) | 70 | 69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 09/08/2026  | 1105 | 1101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.772%, TSFR3M + 1.402%, 01/24/2029 (A) | 280 | 274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.622%, SOFRRATE + 3.120%, 04/01/2031 (A) | 2320 | 2200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.591%, US0003M + 1.340%, 07/22/2028 (A) | 270 | 264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.943%, SOFRRATE + 1.290%, 01/21/2033 (A) | 290 | 255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.699%, SOFRRATE + 1.143%, 01/22/2031 (A) | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.511%, SOFRRATE + 1.200%, 10/20/2032 (A) | 4590 | 3952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.475%, SOFRRATE + 1.000%, 01/21/2028 (A) | 3725 | 3596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.239%, SOFRRATE + 1.178%, 07/21/2032 (A) | 2895 | 2465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.512%, SOFRRATE + 0.858%, 07/20/2027 (A) | 1235 | 1192 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Nationwide Building Society MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.972%, SOFRRATE + 1.290%, 02/16/2028 (A)(D) | $700 | $681 |
| &nbsp;&nbsp;&nbsp; NatWest Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.115%, H15T1Y + 1.050%, 05/23/2031 (A) | 2328 | 2337 |
| &nbsp;&nbsp;&nbsp; Northwestern Mutual Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.160%, 05/28/2031 (D) | 3285 | 3348 |
| &nbsp;&nbsp;&nbsp; Northwestern Mutual Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 09/30/2047 (D) | 2788 | 2078 |
| &nbsp;&nbsp;&nbsp; Oaktree Specialty Lending  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.340%, 02/27/2030  | 1457 | 1438 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, SOFRRATE + 2.284%, 10/20/2034 (A) | 1105 | 1211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.676%, SOFRRATE + 1.902%, 01/22/2035 (A) | 185 | 189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.812%, SOFRRATE + 1.259%, 10/21/2032 (A) | 2019 | 1994 |
| &nbsp;&nbsp;&nbsp; Santander Holdings USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.342%, SOFRRATE + 2.138%, 05/31/2035 (A) | 1386 | 1419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.741%, SOFRRATE + 1.878%, 03/20/2031 (A) | 1136 | 1148 |
| &nbsp;&nbsp;&nbsp; Santander UK Group Holdings PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.469%, SOFRRATE + 1.220%, 01/11/2028 (A) | 370 | 356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.673%, SOFRRATE + 0.989%, 06/14/2027 (A) | 15 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.532%, H15T1Y + 1.250%, 08/21/2026 (A) | 1140 | 1132 |
| &nbsp;&nbsp;&nbsp; SBL Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.200%, 10/30/2034 (D) | 1650 | 1553 |
| &nbsp;&nbsp;&nbsp; Societe Generale  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.132%, H15T1Y + 2.950%, 01/19/2055 (A)(D) | 837 | 829 |
| &nbsp;&nbsp;&nbsp; Societe Generale MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.367%, 01/10/2053 (D) | 452 | 463 |
| &nbsp;&nbsp;&nbsp; State Street  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.146%, SOFRRATE + 1.217%, 02/28/2036 (A) | 2295 | 2282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.729%, 02/28/2030  | 3430 | 3451 |
| &nbsp;&nbsp;&nbsp; Store Capital LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 04/30/2030 (D) | 885 | 881 |
| &nbsp;&nbsp;&nbsp; Teachers Insurance & Annuity Association of America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.850%, 12/16/2039 (D) | 148 | 164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 09/15/2044 (D) | 600 | 527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.270%, 05/15/2047 (D) | 175 | 138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 05/15/2050 (D) | 2360 | 1548 |
| &nbsp;&nbsp;&nbsp; Truist Financial MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.260%, SOFRRATE + 1.456%, 07/28/2026 (A) | 1815 | 1813 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; UBS Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.379%, USISSO01 + 1.860%, 09/06/2045 (A)(D) | $1834 | $1725 |
| &nbsp;&nbsp;&nbsp; US Bancorp  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.836%, SOFRRATE + 2.260%, 06/12/2034 (A) | 2955 | 3051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.678%, SOFRRATE + 1.860%, 01/23/2035 (A) | 445 | 453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.839%, SOFRRATE + 1.600%, 02/01/2034 (A) | 2825 | 2740 |
| &nbsp;&nbsp;&nbsp; Wells Fargo  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.950%, 11/15/2029  | 925 | 1030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.303%, SOFRRATE + 1.790%, 10/23/2029 (A) | 776 | 814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.499%, SOFRRATE + 1.780%, 01/23/2035 (A) | 2025 | 2036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.389%, SOFRRATE + 2.020%, 04/24/2034 (A) | 2695 | 2707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.244%, SOFRRATE + 1.110%, 01/24/2031 (A) | 1310 | 1329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.211%, SOFRRATE + 1.380%, 12/03/2035 (A) | 2119 | 2078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, SOFRRATE + 1.500%, 04/23/2031 (A) | 4910 | 4969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.018%, TSFR3M + 0.762%, 01/15/2027 (A) | 2395 | 2369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.970%, SOFRRATE + 1.370%, 04/23/2029 (A) | 9241 | 9310 |
| &nbsp;&nbsp;&nbsp; Wells Fargo MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.707%, SOFRRATE + 1.070%, 04/22/2028 (A) | 1371 | 1396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.574%, SOFRRATE + 1.740%, 07/25/2029 (A) | 763 | 783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.557%, SOFRRATE + 1.990%, 07/25/2034 (A) | 4465 | 4522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.013%, TSFR3M + 4.502%, 04/04/2051 (A) | 6920 | 6072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.897%, SOFRRATE + 2.100%, 07/25/2033 (A) | 3757 | 3692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 11/04/2044  | 500 | 416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.584%, TSFR3M + 1.572%, 05/22/2028 (A) | 5205 | 5100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, SOFRRATE + 1.500%, 03/02/2033 (A) | 1400 | 1256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.879%, TSFR3M + 1.432%, 10/30/2030 (A) | 1540 | 1421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.572%, TSFR3M + 1.262%, 02/11/2031 (A) | 619 | 559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.393%, SOFRRATE + 2.100%, 06/02/2028 (A) | 2610 | 2498 |
|  |  | 629803 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| **Health Care — 2.3%** | **Health Care — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; AbbVie  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 03/15/2055  | $196 | $191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2064  | 565 | 536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/15/2054  | 1410 | 1334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 03/15/2035  | 5011 | 5033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/15/2034  | 2189 | 2195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 03/15/2031  | 1162 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 03/15/2030  | 1715 | 1743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 03/15/2027  | 2189 | 2210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 03/15/2035  | 381 | 364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/14/2035  | 2570 | 2444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/21/2049  | 5578 | 4469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 11/21/2039  | 811 | 692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 11/21/2029  | 3227 | 3061 |
| &nbsp;&nbsp;&nbsp; Amgen  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 06/01/2037  | 2275 | 2452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 03/02/2053  | 6202 | 5904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 03/02/2043  | 1116 | 1083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.663%, 06/15/2051  | 104 | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 05/01/2045  | 900 | 746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 02/21/2040  | 2415 | 1826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 01/15/2032  | 2710 | 2277 |
| &nbsp;&nbsp;&nbsp; Bayer US Finance II LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/25/2048 (D) | 4728 | 3715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 06/25/2038 (D) | 2097 | 1799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 07/15/2044 (D) | 2750 | 2060 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 02/01/2031  | 2040 | 2158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 02/22/2031  | 540 | 553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 07/26/2029  | 253 | 244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 06/15/2026  | 768 | 759 |
| &nbsp;&nbsp;&nbsp; Centene  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 10/15/2030  | 3956 | 3480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.625%, 08/01/2031  | 2000 | 1694 |
| &nbsp;&nbsp;&nbsp; Cigna Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 12/15/2048  | 140 | 118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 10/15/2028  | 1260 | 1253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 03/15/2050  | 250 | 163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 03/15/2051  | 1050 | 682 |
| &nbsp;&nbsp;&nbsp; CommonSpirit Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 11/01/2042  | 440 | 360 |
| &nbsp;&nbsp;&nbsp; CVS Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 06/01/2054  | 1748 | 1649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/01/2053  | 370 | 340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 06/01/2034  | 1792 | 1802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 06/01/2031  | 1638 | 1674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/01/2033  | 2088 | 2061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 07/20/2045  | 999 | 857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/25/2048  | 21611 | 18018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/20/2026  | 1355 | 1357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.780%, 03/25/2038  | 2433 | 2162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 03/25/2028  | 1336 | 1321 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/01/2040  | $102 | $82 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 07/20/2025  | 929 | 928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/01/2030  | 610 | 577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 04/01/2027  | 240 | 236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 08/15/2029  | 1720 | 1616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.125%, 09/15/2031  | 660 | 553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.875%, 02/28/2031  | 6050 | 5083 |
| &nbsp;&nbsp;&nbsp; Elevance Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 02/15/2055  | 421 | 396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 02/15/2035  | 3560 | 3533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 06/15/2029  | 1909 | 1946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 11/01/2031  | 1244 | 1245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2030  | 1373 | 1379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 12/01/2027  | 330 | 324 |
| &nbsp;&nbsp;&nbsp; Eli Lilly  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 02/12/2065  | 1178 | 1153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/12/2055  | 3032 | 2966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 02/12/2035  | 920 | 926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 02/09/2064  | 837 | 754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 08/14/2054  | 207 | 189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 02/12/2032  | 610 | 619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 02/09/2034  | 1667 | 1641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 08/14/2034  | 2165 | 2110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 08/14/2029  | 2751 | 2747 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/01/2036  | 782 | 702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 10/01/2040  | 3890 | 2722 |
| &nbsp;&nbsp;&nbsp; HCA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 03/01/2055  | 1942 | 1896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 06/01/2053  | 662 | 620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/01/2032  | 2964 | 3000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/15/2026  | 2015 | 2017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/15/2049  | 7403 | 6403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 03/15/2032  | 1236 | 1121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/01/2030  | 6920 | 6454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 07/15/2031  | 4015 | 3435 |
| &nbsp;&nbsp;&nbsp; Humana  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 10/01/2044  | 200 | 167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 03/15/2047  | 50 | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/23/2029  | 6150 | 5907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.150%, 02/03/2032  | 250 | 205 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/01/2035  | 2580 | 2603 |
| &nbsp;&nbsp;&nbsp; Merck  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.350%, 06/24/2040  | 734 | 501 |
| &nbsp;&nbsp;&nbsp; Pfizer  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 12/15/2036  | 1050 | 949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.625%, 04/01/2030  | 720 | 663 |
| &nbsp;&nbsp;&nbsp; Pfizer Investment Enterprises Pte  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/19/2053  | 213 | 195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/19/2033  | 6500 | 6392 |
| &nbsp;&nbsp;&nbsp; Stryker  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 02/10/2030  | 2402 | 2427 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 02/15/2053  | $| 4055 | $3914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 07/15/2064  |  | 829 | 774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 07/15/2054  |  | 4455 | 4164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/15/2044  |  | 1057 | 994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 04/15/2054  |  | 4430 | 3987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 07/15/2034  |  | 11054 | 10909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 04/15/2027  |  | 1808 | 1812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 05/15/2041  |  | 358 | 255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 05/15/2040  |  | 2390 | 1672 |
| &nbsp;&nbsp;&nbsp; Universal Health Services  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 09/01/2026  |  | 1260 | 1211 |
|  |  |  | 199220 |
| **Industrials — 1.8%** | **Industrials — 1.8%** | **Industrials — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC / AerCap Global Aviation Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 04/15/2027  |  | 1549 | 1594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/10/2034  |  | 9530 | 9146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 01/30/2032  |  | 248 | 220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 10/29/2028  |  | 14093 | 13304 |
| &nbsp;&nbsp;&nbsp; Air Lease  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 12/15/2027  |  | 1325 | 1364 |
| &nbsp;&nbsp;&nbsp; Air Lease MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 01/15/2026  |  | 3019 | 2983 |
| &nbsp;&nbsp;&nbsp; American Airlines Pass-Through Trust, Ser 2015-1, Cl A  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 05/01/2027  |  | 67 | 65 |
| &nbsp;&nbsp;&nbsp; BAE Systems PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/26/2031 (D) |  | 3615 | 3687 |
| &nbsp;&nbsp;&nbsp; Berry Global  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 01/15/2027  |  | 1785 | 1701 |
| &nbsp;&nbsp;&nbsp; Boeing  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 06/15/2025  |  | 107 | 107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.858%, 05/01/2054  |  | 917 | 978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.528%, 05/01/2034  |  | 600 | 641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.388%, 05/01/2031  |  | 2800 | 2988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.298%, 05/01/2029  |  | 4305 | 4528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.805%, 05/01/2050  |  | 1441 | 1349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 05/01/2030  |  | 310 | 313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/01/2050  |  | 110 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 02/01/2035  |  | 750 | 617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 05/01/2026  |  | 230 | 227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 03/01/2027  |  | 280 | 270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 02/01/2027  |  | 340 | 329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.196%, 02/04/2026  |  | 2645 | 2598 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/15/2035  |  | 3255 | 3221 |
| &nbsp;&nbsp;&nbsp; Burlington Northern Santa Fe LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.290%, 06/01/2036  |  | 200 | 232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 04/15/2054  |  | 812 | 754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 09/01/2044  |  | 850 | 736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 01/15/2053  |  | 306 | 253 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 09/01/2025  | $140 | $140 |
| &nbsp;&nbsp;&nbsp; Caterpillar  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 05/15/2035  | 2904 | 2914 |
| &nbsp;&nbsp;&nbsp; Caterpillar Financial Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 10/16/2026  | 1804 | 1809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 08/16/2029  | 1804 | 1804 |
| &nbsp;&nbsp;&nbsp; Caterpillar Financial Services MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/14/2027  | 2632 | 2669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 02/27/2029  | 1736 | 1767 |
| &nbsp;&nbsp;&nbsp; Cintas No. 2  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/01/2032  | 1124 | 1074 |
| &nbsp;&nbsp;&nbsp; CRH America Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/09/2035  | 1335 | 1345 |
| &nbsp;&nbsp;&nbsp; CRH SMW Finance DAC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 01/09/2030  | 1335 | 1356 |
| &nbsp;&nbsp;&nbsp; Crowley Conro LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.181%, 08/15/2043  | 681 | 595 |
| &nbsp;&nbsp;&nbsp; Deere  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 01/19/2055  | 1752 | 1764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 01/16/2035  | 3792 | 3885 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines Pass-Through Trust, Ser 2020-1, Cl AA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/10/2028  | 2193 | 2048 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines/Skymiles  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/20/2028 (D) | 2731 | 2720 |
| &nbsp;&nbsp;&nbsp; Eaton Capital ULC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 05/09/2030  | 1167 | 1163 |
| &nbsp;&nbsp;&nbsp; Embraer Netherlands Finance BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.980%, 02/11/2035  | 2280 | 2303 |
| &nbsp;&nbsp;&nbsp; Emerson Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 12/21/2051  | 705 | 428 |
| &nbsp;&nbsp;&nbsp; General Dynamics  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 08/15/2035  | 1704 | 1677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2040  | 1700 | 1485 |
| &nbsp;&nbsp;&nbsp; General Electric MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.068%, TSFR3M + 0.742%, 08/15/2036 (A) | 3035 | 2815 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 10/15/2031  | 1039 | 1039 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.749%, 01/15/2035  | 2805 | 2840 |
| &nbsp;&nbsp;&nbsp; JetBlue Pass-Through Trust, Ser 2019-1, Cl AA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 05/15/2032  | 123 | 107 |
| &nbsp;&nbsp;&nbsp; John Deere Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 01/07/2028  | 1541 | 1561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 01/08/2027  | 2085 | 2095 |
| &nbsp;&nbsp;&nbsp; John Deere Capital MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 09/08/2026  | 1519 | 1536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 06/11/2029  | 148 | 151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 09/15/2027  | 1726 | 1722 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 02/15/2055  | 581 | 534 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 02/15/2064  | $| 570 | $513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/15/2036  |  | 685 | 649 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/15/2035  |  | 1178 | 1182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/01/2050  |  | 3620 | 3333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 06/01/2054  |  | 185 | 168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 07/15/2030  |  | 1269 | 1273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 01/15/2028  |  | 480 | 467 |
| &nbsp;&nbsp;&nbsp; Otis Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.112%, 02/15/2040  |  | 1005 | 751 |
| &nbsp;&nbsp;&nbsp; Paychex  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 04/15/2032  |  | 8465 | 8591 |
| &nbsp;&nbsp;&nbsp; Raytheon Technologies  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 07/01/2030  |  | 680 | 607 |
| &nbsp;&nbsp;&nbsp; Republic Services  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.450%, 02/15/2031  |  | 705 | 594 |
| &nbsp;&nbsp;&nbsp; Rollins  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 02/24/2035 (D) |  | 5085 | 5045 |
| &nbsp;&nbsp;&nbsp; RTX  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 08/16/2025  |  | 250 | 249 |
| &nbsp;&nbsp;&nbsp; Siemens Funding BV  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/28/2055 (D) |  | 1181 | 1196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 05/28/2035 (D) |  | 4593 | 4610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 05/28/2032 (D) |  | 2328 | 2336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 05/28/2030 (D) |  | 1932 | 1935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 05/26/2028 (D) |  | 2895 | 2901 |
| &nbsp;&nbsp;&nbsp; SMBC Aviation Capital Finance DAC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 07/25/2033 (D) |  | 3945 | 3985 |
| &nbsp;&nbsp;&nbsp; Uber Technologies  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 09/15/2054  |  | 934 | 848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 09/15/2034  |  | 6473 | 6246 |
| &nbsp;&nbsp;&nbsp; Union Pacific  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 02/05/2050  |  | 1065 | 716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.891%, 04/06/2036  |  | 835 | 679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 02/14/2032  |  | 987 | 878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 05/20/2031  |  | 728 | 646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.150%, 02/05/2027  |  | 270 | 261 |
| &nbsp;&nbsp;&nbsp; United Airlines Pass-Through Trust, Ser 2023-1, Cl A  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2036  |  | 3267 | 3270 |
| &nbsp;&nbsp;&nbsp; United Parcel Service  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 05/14/2065  |  | 1758 | 1747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 05/14/2055  |  | 1376 | 1370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/14/2035  |  | 1528 | 1527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 04/01/2040  |  | 850 | 810 |
| &nbsp;&nbsp;&nbsp; Waste Connections  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/01/2034  |  | 820 | 817 |
|  |  |  | 161826 |
| **Information Technology — 1.6%** | **Information Technology — 1.6%** | **Information Technology — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Accenture Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 10/04/2034  |  | 1930 | 1854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/04/2031  |  | 3509 | 3446 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Apple  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 05/12/2030  | $2271 | $2265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/12/2028  | 1308 | 1307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 08/08/2052  | 1464 | 1141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 05/11/2050  | 606 | 370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 02/08/2051  | 468 | 284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 02/08/2041  | 557 | 381 |
| &nbsp;&nbsp;&nbsp; AppLovin  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 12/01/2054  | 2500 | 2389 |
| &nbsp;&nbsp;&nbsp; Broadcom  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 11/15/2031  | 5593 | 5694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 07/12/2029  | 3156 | 3213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.926%, 05/15/2037 (D) | 6469 | 6164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 10/15/2034  | 4391 | 4275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 02/15/2032  | 2193 | 2147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 02/15/2028  | 2032 | 2022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 11/15/2030  | 842 | 821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.419%, 04/15/2033 (D) | 744 | 664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 11/15/2025  | 897 | 891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.137%, 11/15/2035 (D) | 2520 | 2087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.450%, 02/15/2031 (D) | 1197 | 1058 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 09/10/2034  | 2481 | 2412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 09/10/2029  | 4541 | 4510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 09/10/2027  | 1463 | 1458 |
| &nbsp;&nbsp;&nbsp; Cisco Systems  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 02/26/2034  | 3235 | 3260 |
| &nbsp;&nbsp;&nbsp; Constellation Software  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.158%, 02/16/2029 (D) | 3000 | 3037 |
| &nbsp;&nbsp;&nbsp; Dell International LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/01/2030  | 4050 | 4071 |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.300%, 01/25/2039 (D) | 1141 | 1171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 01/25/2037 (D) | 1343 | 1373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 01/25/2036 (D) | 7892 | 8015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 01/25/2033 (D) | 666 | 680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/25/2031 (D) | 1609 | 1630 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 10/15/2054  | 908 | 848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/15/2034  | 3140 | 3057 |
| &nbsp;&nbsp;&nbsp; Intel  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 02/10/2063  | 511 | 463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 02/10/2053  | 642 | 576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 02/10/2043  | 438 | 403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 02/21/2054  | 919 | 816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 08/05/2052  | 325 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.734%, 12/08/2047  | 755 | 513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 11/15/2049  | 3526 | 2150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 08/12/2051  | 3122 | 1795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 08/12/2041  | 657 | 428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 08/12/2031  | 1580 | 1332 |
| &nbsp;&nbsp;&nbsp; KLA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 02/01/2034  | 1747 | 1715 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 03/01/2050  | $| 627 | $423 |
| &nbsp;&nbsp;&nbsp; Micron Technology  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 11/01/2035  |  | 3097 | 3158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 11/01/2032  |  | 1133 | 1151 |
| &nbsp;&nbsp;&nbsp; Microsoft  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 08/08/2036  |  | 24 | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 02/06/2027  |  | 720 | 712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.921%, 03/17/2052  |  | 200 | 130 |
| &nbsp;&nbsp;&nbsp; NetApp  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/17/2032  |  | 2367 | 2398 |
| &nbsp;&nbsp;&nbsp; Oracle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.900%, 11/09/2052  |  | 385 | 416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 08/03/2055  |  | 1671 | 1620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 09/27/2054  |  | 200 | 177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 08/03/2028  |  | 1980 | 2000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 05/06/2030  |  | 610 | 610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/15/2046  |  | 1328 | 994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 05/15/2035  |  | 5500 | 4875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 11/15/2037  |  | 8410 | 7015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 04/01/2040  |  | 1114 | 870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 04/01/2050  |  | 1430 | 972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 04/01/2030  |  | 2340 | 2167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 03/25/2031  |  | 1860 | 1677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 04/01/2027  |  | 625 | 607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 03/25/2026  |  | 1570 | 1532 |
| &nbsp;&nbsp;&nbsp; Sprint Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 03/15/2032  |  | 5715 | 6845 |
| &nbsp;&nbsp;&nbsp; Synopsys  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 04/01/2055  |  | 377 | 360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/01/2032  |  | 1510 | 1513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 04/01/2030  |  | 1887 | 1905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 04/01/2028  |  | 1320 | 1328 |
| &nbsp;&nbsp;&nbsp; Texas Instruments  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 02/08/2054  |  | 772 | 708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 05/23/2035  |  | 1914 | 1921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/14/2053  |  | 841 | 752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/23/2030  |  | 1914 | 1920 |
| &nbsp;&nbsp;&nbsp; TSMC Global  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.375%, 09/28/2030 (D) |  | 2800 | 2383 |
| &nbsp;&nbsp;&nbsp; Vontier  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.800%, 04/01/2026  |  | 1170 | 1141 |
|  |  |  | 142746 |
| **Materials — 0.5%** | **Materials — 0.5%** | **Materials — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Amcor Finance USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 04/28/2026  |  | 3000 | 2970 |
| &nbsp;&nbsp;&nbsp; Amcor Flexibles North America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/17/2035 (D) |  | 2730 | 2702 |
| &nbsp;&nbsp;&nbsp; Anglo American Capital PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/05/2034 (D) |  | 2145 | 2163 |
| &nbsp;&nbsp;&nbsp; Berry Global  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 01/15/2034  |  | 1010 | 1018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 07/15/2026 (D) |  | 1522 | 1517 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.050%, 11/15/2030  | $| 3850 | $3968 |
| &nbsp;&nbsp;&nbsp; Dow Chemical  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 03/15/2055  |  | 736 | 683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 03/15/2035  |  | 2207 | 2140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 05/15/2049  |  | 585 | 462 |
| &nbsp;&nbsp;&nbsp; DuPont de Nemours  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.493%, 11/15/2025  |  | 2095 | 2094 |
| &nbsp;&nbsp;&nbsp; Glencore Funding LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.141%, 04/01/2055 (D) |  | 897 | 879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.673%, 04/01/2035 (D) |  | 2391 | 2398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.634%, 04/04/2034 (D) |  | 872 | 877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.186%, 04/01/2030 (D) |  | 8685 | 8784 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.300%, 11/01/2030 (D) |  | 6675 | 5817 |
| &nbsp;&nbsp;&nbsp; Newmont  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 03/15/2034  |  | 1147 | 1158 |
|  |  |  | 39630 |
| **Real Estate — 0.9%** | **Real Estate — 0.9%** | **Real Estate — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Agree  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 06/15/2035  |  | 1333 | 1338 |
| &nbsp;&nbsp;&nbsp; Agree LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 10/01/2032  |  | 718 | 697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 06/15/2033  |  | 324 | 264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/15/2028  |  | 1193 | 1108 |
| &nbsp;&nbsp;&nbsp; American Assets Trust LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 02/01/2031  |  | 2580 | 2257 |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/15/2034  |  | 566 | 564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 06/15/2030  |  | 1135 | 1134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 04/15/2052  |  | 591 | 447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 04/15/2032  |  | 1318 | 1196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 07/15/2051  |  | 1120 | 716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 07/15/2031  |  | 2320 | 1991 |
| &nbsp;&nbsp;&nbsp; American Tower  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 07/15/2033  |  | 720 | 733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 03/15/2030  |  | 1155 | 1162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 04/15/2031  |  | 3940 | 3487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.875%, 10/15/2030  |  | 1655 | 1421 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.450%, 01/15/2031  |  | 2580 | 2289 |
| &nbsp;&nbsp;&nbsp; Brixmor Operating Partnership LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 08/16/2031  |  | 1260 | 1083 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 05/15/2030  |  | 480 | 440 |
| &nbsp;&nbsp;&nbsp; Crown Castle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 03/01/2034  |  | 1322 | 1349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.100%, 04/01/2031  |  | 7398 | 6250 |
| &nbsp;&nbsp;&nbsp; Equinix  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 04/15/2032  |  | 2380 | 2235 |
| &nbsp;&nbsp;&nbsp; Essex Portfolio LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/01/2034  |  | 804 | 808 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 06/15/2031  | $680 | $597 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 04/01/2029  | 1153 | 1119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.400%, 10/15/2031  | 130 | 111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.200%, 10/15/2030  | 542 | 471 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/01/2028  | 1250 | 1273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 01/15/2029  | 545 | 546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 01/15/2031  | 1085 | 1009 |
| &nbsp;&nbsp;&nbsp; Healthcare Realty Holdings LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 01/15/2028  | 195 | 189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 08/01/2026  | 1010 | 993 |
| &nbsp;&nbsp;&nbsp; Hudson Pacific Properties LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 04/01/2029  | 3265 | 2363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 01/15/2030  | 180 | 121 |
| &nbsp;&nbsp;&nbsp; Invitation Homes Operating Partnership LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/15/2033  | 1780 | 1775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 02/01/2035  | 1169 | 1112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 04/15/2032  | 1312 | 1222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 08/15/2031  | 594 | 498 |
| &nbsp;&nbsp;&nbsp; Kimco Realty OP LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 03/01/2035  | 1055 | 1013 |
| &nbsp;&nbsp;&nbsp; LXP Industrial Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 11/15/2028  | 545 | 574 |
| &nbsp;&nbsp;&nbsp; Prologis LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2035  | 2935 | 2919 |
| &nbsp;&nbsp;&nbsp; Realty Income  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 04/15/2035  | 5240 | 5180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 07/15/2033  | 1135 | 1114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 01/15/2030  | 789 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 12/15/2032  | 954 | 824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.100%, 03/15/2028  | 739 | 695 |
| &nbsp;&nbsp;&nbsp; Regency Centers LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2034  | 1749 | 1751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/2032  | 1287 | 1284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 09/15/2029  | 2040 | 1914 |
| &nbsp;&nbsp;&nbsp; Sabra Health Care LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 10/15/2029  | 3355 | 3146 |
| &nbsp;&nbsp;&nbsp; Simon Property Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 09/26/2034  | 2250 | 2150 |
| &nbsp;&nbsp;&nbsp; Store Capital LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 11/18/2030  | 1165 | 1014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 12/01/2031  | 458 | 383 |
| &nbsp;&nbsp;&nbsp; Sun Communities Operating  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 04/15/2032  | 1596 | 1492 |
| &nbsp;&nbsp;&nbsp; VICI Properties LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 04/01/2035  | 5815 | 5747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 05/15/2052  | 63 | 56 |
| &nbsp;&nbsp;&nbsp; VICI Properties LP / VICI Note Co  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/15/2030 (D) | 1570 | 1480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 02/15/2029 (D) | 575 | 551 |
|  |  | 80402 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| **Utilities — 3.1%** | **Utilities — 3.1%** |  |
| &nbsp;&nbsp;&nbsp; Alabama Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 04/02/2035  | $1225 | $1216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 12/01/2047  | 2750 | 2023 |
| &nbsp;&nbsp;&nbsp; American Electric Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.699%, 08/15/2025  | 1745 | 1748 |
| &nbsp;&nbsp;&nbsp; American Transmission Systems  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 01/15/2032 (D) | 515 | 446 |
| &nbsp;&nbsp;&nbsp; Appalachian Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 04/01/2034  | 461 | 465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/01/2049  | 60 | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 06/01/2027  | 3000 | 2932 |
| &nbsp;&nbsp;&nbsp; Baltimore Gas and Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 06/01/2035  | 1528 | 1538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 06/15/2031  | 1021 | 896 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 05/15/2051  | 3845 | 2265 |
| &nbsp;&nbsp;&nbsp; Boston Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.843%, 01/10/2035 (D) | 2500 | 2558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.487%, 02/15/2042 (D) | 140 | 114 |
| &nbsp;&nbsp;&nbsp; Brooklyn Union Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.415%, 07/18/2054 (D) | 5175 | 5207 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Houston Electric LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 03/01/2034  | 6000 | 5961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 03/01/2052  | 754 | 528 |
| &nbsp;&nbsp;&nbsp; Chile Electricity Lux Mpc II SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.672%, 10/20/2035 (D) | 6392 | 6371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.580%, 10/20/2035 (D) | 1110 | 1103 |
| &nbsp;&nbsp;&nbsp; Chile Electricity Lux MPC SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.010%, 01/20/2033 (D) | 1646 | 1689 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison of New York  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 05/15/2054  | 782 | 758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2034  | 2204 | 2263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2055  | 1462 | 1375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 05/15/2034  | 1175 | 1195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 03/15/2044  | 3500 | 2946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 04/01/2030  | 260 | 248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 12/01/2051  | 228 | 146 |
| &nbsp;&nbsp;&nbsp; Constellation Energy Generation LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 03/01/2028  | 2410 | 2485 |
| &nbsp;&nbsp;&nbsp; Consumers Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 05/15/2035  | 3759 | 3737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 01/15/2031  | 2266 | 2250 |
| &nbsp;&nbsp;&nbsp; Consumers Securitization Funding LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 03/01/2028  | 1257 | 1264 |
| &nbsp;&nbsp;&nbsp; DTE Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2035  | 792 | 792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 03/01/2052  | 546 | 391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 03/01/2050  | 1192 | 756 |
| &nbsp;&nbsp;&nbsp; DTE Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.050%, 06/01/2025  | 2400 | 2400 |
| &nbsp;&nbsp;&nbsp; Duke Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 06/15/2051  | 633 | 416 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.900%, 09/15/2025  | $1955 | $1934 |
| &nbsp;&nbsp;&nbsp; Duke Energy Carolinas LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/15/2053  | 970 | 896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/15/2035  | 1207 | 1213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/30/2042  | 257 | 206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 03/15/2052  | 923 | 641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 03/15/2032  | 1268 | 1120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 04/15/2031  | 466 | 415 |
| &nbsp;&nbsp;&nbsp; Duke Energy Florida LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.400%, 12/15/2031  | 1017 | 884 |
| &nbsp;&nbsp;&nbsp; Duke Energy Indiana LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 04/01/2050  | 1255 | 744 |
| &nbsp;&nbsp;&nbsp; Duke Energy Progress LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 03/15/2055  | 2640 | 2515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/15/2035  | 4560 | 4500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 12/01/2044  | 1750 | 1392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 10/15/2046  | 247 | 181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 08/15/2050  | 1029 | 579 |
| &nbsp;&nbsp;&nbsp; East Ohio Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/15/2030 (D) | 2365 | 2074 |
| &nbsp;&nbsp;&nbsp; Entergy Arkansas LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 01/15/2033  | 1731 | 1743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 06/15/2051  | 919 | 522 |
| &nbsp;&nbsp;&nbsp; Entergy Louisiana LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 03/15/2055  | 3090 | 2995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 09/15/2034  | 1175 | 1162 |
| &nbsp;&nbsp;&nbsp; Entergy Mississippi LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/15/2055  | 1128 | 1091 |
| &nbsp;&nbsp;&nbsp; Entergy Texas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 04/15/2035  | 1830 | 1826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 12/01/2027  | 1625 | 1573 |
| &nbsp;&nbsp;&nbsp; Evergy Missouri West  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 06/01/2034 (D) | 3195 | 3221 |
| &nbsp;&nbsp;&nbsp; Eversource Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 02/01/2029  | 2990 | 3107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 07/01/2027  | 1125 | 1126 |
| &nbsp;&nbsp;&nbsp; Exelon  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 03/15/2055  | 1692 | 1634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 06/15/2025  | 1020 | 1020 |
| &nbsp;&nbsp;&nbsp; FirstEnergy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.600%, 01/15/2026  | 300 | 294 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Pennsylvania Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 04/01/2028 (D) | 785 | 798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/15/2029 (D) | 1200 | 1181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 03/15/2028 (D) | 995 | 959 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Transmission LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2035  | 4460 | 4349 |
| &nbsp;&nbsp;&nbsp; Florida Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 03/15/2055  | 5125 | 5044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/15/2034  | 3005 | 3053 |
| &nbsp;&nbsp;&nbsp; Georgia Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 03/15/2035  | 441 | 439 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Interstate Power and Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 10/15/2033  | $4335 | $4429 |
| &nbsp;&nbsp;&nbsp; Jersey Central Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 01/15/2035  | 970 | 949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 03/01/2032 (D) | 1121 | 970 |
| &nbsp;&nbsp;&nbsp; KeySpan Gas East  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.586%, 01/18/2052 (D) | 4825 | 3079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.742%, 08/15/2026 (D) | 1175 | 1146 |
| &nbsp;&nbsp;&nbsp; Louisville Gas and Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 04/15/2033  | 5295 | 5408 |
| &nbsp;&nbsp;&nbsp; MidAmerican Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 08/01/2052  | 884 | 526 |
| &nbsp;&nbsp;&nbsp; Mississippi Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 03/15/2042  | 519 | 428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 07/30/2051  | 1224 | 778 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Capital Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/15/2035  | 11315 | 11308 |
| &nbsp;&nbsp;&nbsp; NiSource  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 04/01/2034  | 6835 | 6857 |
| &nbsp;&nbsp;&nbsp; Northern States Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/15/2054  | 617 | 580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 05/15/2035  | 4598 | 4586 |
| &nbsp;&nbsp;&nbsp; NSTAR Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 06/01/2034  | 1179 | 1189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 03/01/2035  | 662 | 655 |
| &nbsp;&nbsp;&nbsp; Ohio Edison  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 12/15/2029 (D) | 1148 | 1157 |
| &nbsp;&nbsp;&nbsp; Oncor Electric Delivery LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/01/2055 (D) | 2329 | 2261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 04/01/2035 (D) | 5117 | 5126 |
| &nbsp;&nbsp;&nbsp; Pacific Gas and Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 01/15/2029  | 8875 | 9169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 07/01/2050  | 3111 | 2468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 06/01/2041  | 593 | 449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 12/01/2047  | 2641 | 1827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 08/01/2050  | 607 | 384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 08/01/2040  | 90 | 64 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 02/01/2031  | 2795 | 2403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.100%, 08/01/2027  | 3055 | 2883 |
| &nbsp;&nbsp;&nbsp; PacifiCorp  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 06/15/2052  | 2590 | 1484 |
| &nbsp;&nbsp;&nbsp; PECO Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 10/01/2044  | 1985 | 1604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 09/15/2051  | 1232 | 749 |
| &nbsp;&nbsp;&nbsp; Piedmont Natural Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 02/15/2035  | 2745 | 2710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 03/15/2031  | 2000 | 1756 |
| &nbsp;&nbsp;&nbsp; PPL Capital Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/01/2034  | 706 | 699 |
| &nbsp;&nbsp;&nbsp; Progress Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 12/01/2039  | 310 | 317 |
| &nbsp;&nbsp;&nbsp; PSEG Power LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/15/2035 (D) | 5685 | 5726 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Public Service Electric and Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/01/2055  | $514 | $493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/01/2035  | 1296 | 1291 |
| &nbsp;&nbsp;&nbsp; Public Service Electric and Gas MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 03/15/2053  | 1390 | 1267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 05/01/2050  | 477 | 287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.050%, 08/01/2050  | 282 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.900%, 08/15/2031  | 1983 | 1695 |
| &nbsp;&nbsp;&nbsp; Public Service of Oklahoma  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 01/15/2035  | 11785 | 11517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 08/15/2051  | 690 | 424 |
| &nbsp;&nbsp;&nbsp; San Diego Gas & Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 04/15/2035  | 909 | 912 |
| &nbsp;&nbsp;&nbsp; Sempra  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, H15T5Y + 2.138%, 04/01/2055 (A) | 231 | 216 |
| &nbsp;&nbsp;&nbsp; Southern  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, H15T5Y + 2.069%, 03/15/2055 (A) | 4000 | 4065 |
| &nbsp;&nbsp;&nbsp; Southern California Edison  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 03/01/2048  | 769 | 544 |
| &nbsp;&nbsp;&nbsp; Southern California Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 02/01/2030  | 4605 | 4192 |
| &nbsp;&nbsp;&nbsp; Southern Gas Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/15/2034  | 6695 | 6463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 06/15/2026  | 1550 | 1529 |
| &nbsp;&nbsp;&nbsp; Southwestern Electric Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 10/01/2026  | 1000 | 975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 03/15/2026  | 2200 | 2147 |
| &nbsp;&nbsp;&nbsp; Southwestern Public Service  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 06/15/2049  | 2000 | 1406 |
| &nbsp;&nbsp;&nbsp; Trans-Allegheny Interstate Line  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2031 (D) | 3708 | 3737 |
| &nbsp;&nbsp;&nbsp; Union Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 04/01/2034  | 3000 | 2999 |
| &nbsp;&nbsp;&nbsp; Virginia Electric and Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/01/2033  | 7233 | 7190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2034  | 5170 | 5067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 08/15/2043  | 2000 | 1717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 11/15/2051  | 1021 | 617 |
| &nbsp;&nbsp;&nbsp; Virginia Power Fuel Securitization LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.088%, 05/01/2027  | 1749 | 1756 |
| &nbsp;&nbsp;&nbsp; Vistra Operations LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 12/30/2034 (D) | 6740 | 6714 |
| &nbsp;&nbsp;&nbsp; Wisconsin Electric Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.700%, 06/15/2028  | 670 | 623 |
|  |  | 273072 |
|  Total Corporate Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $2,085,574) ($ Thousands) |  | 2026004 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES — 7.4%** | **ASSET-BACKED SECURITIES — 7.4%** | **ASSET-BACKED SECURITIES — 7.4%** |
| **Automotive — 2.6%** | **Automotive — 2.6%** |  |
| &nbsp;&nbsp;&nbsp; Ally Auto Receivables Trust, Ser 2022-3, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.070%, 10/16/2028  | $876 | $880 |
| &nbsp;&nbsp;&nbsp; Ally Auto Receivables Trust, Ser 2024-2, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.140%, 10/15/2030  | 1100 | 1091 |
| &nbsp;&nbsp;&nbsp; American Heritage Auto Receivables Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.830%, 03/15/2028 (D) | 831 | 831 |
| &nbsp;&nbsp;&nbsp; American Heritage Auto Receivables Trust, Ser 2024-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 09/17/2029 (D) | 650 | 654 |
| &nbsp;&nbsp;&nbsp; AmeriCredit Automobile Receivables Trust, Ser 2022-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.380%, 04/18/2028  | 282 | 281 |
| &nbsp;&nbsp;&nbsp; Americredit Automobile Receivables Trust, Ser 2023-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.620%, 11/18/2027  | 622 | 624 |
| &nbsp;&nbsp;&nbsp; AmeriCredit Automobile Receivables Trust, Ser 2023-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.810%, 05/18/2028  | 1495 | 1507 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2023-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.330%, 02/17/2032 (D) | 1995 | 2009 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2024-A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 11/15/2032 (D) | 811 | 814 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2025-B, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.970%, 03/15/2034 (D) | 1545 | 1548 |
| &nbsp;&nbsp;&nbsp; AutoNation Finance Trust, Ser 2025-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.620%, 11/13/2029 (D) | 1750 | 1756 |
| &nbsp;&nbsp;&nbsp; AutoNation Finance Trust, Ser 2025-1A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.760%, 06/10/2030 (D) | 909 | 914 |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, Ser 2024-2A, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.180%, 10/20/2027 (D) | 2700 | 2714 |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, Ser 2025-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.120%, 08/20/2031 (D) | 1774 | 1795 |
| &nbsp;&nbsp;&nbsp; BMW Vehicle Owner Trust, Ser 2023-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.470%, 02/25/2028  | 659 | 664 |
| &nbsp;&nbsp;&nbsp; BofA Auto Trust, Ser 2025-1A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.520%, 11/22/2027 (D) | 810 | 809 |
| &nbsp;&nbsp;&nbsp; BofA Auto Trust, Ser 2025-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 11/20/2029 (D) | 655 | 655 |
| &nbsp;&nbsp;&nbsp; Capital One Prime Auto Receivables Trust, Ser 2022-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.660%, 05/17/2027  | 1219 | 1214 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2025-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.480%, 03/15/2030  | 4083 | 4096 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Chase Auto Owner Trust, Ser 2022-AA, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.990%, 03/27/2028 (D) | $1120 | $1114 |
| &nbsp;&nbsp;&nbsp; Credit Acceptance Auto Loan Trust, Ser 2025-1A, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.710%, 07/16/2035 (D) | 7005 | 7100 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2022-3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.380%, 07/20/2029 (D) | 289 | 289 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2023-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.560%, 04/22/2030 (D) | 1522 | 1530 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2023-3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 03/20/2030 (D) | 2514 | 2551 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2024-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.230%, 03/20/2030 (D) | 3006 | 3023 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2024-3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.310%, 04/20/2027 (D) | 1547 | 1552 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2025-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.820%, 02/20/2029 (D) | 3300 | 3328 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Lease Trust, Ser 2024-A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 06/15/2027  | 772 | 776 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Lease Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.720%, 06/15/2028  | 1464 | 1471 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2022-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.880%, 11/15/2034 (D) | 3270 | 3234 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2022-D, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 03/15/2028  | 788 | 795 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2024-D, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.610%, 08/15/2029  | 6919 | 6958 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2025-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.860%, 08/15/2037 (D)(E) | 5996 | 6067 |
| &nbsp;&nbsp;&nbsp; Ford Credit Floorplan Master Owner Trust, Ser 2025-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.630%, 04/15/2030  | 5146 | 5169 |
| &nbsp;&nbsp;&nbsp; GM Financial Automobile Leasing Trust, Ser 2023-3, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.440%, 08/20/2027  | 677 | 680 |
| &nbsp;&nbsp;&nbsp; GM Financial Automobile Leasing Trust, Ser 2025-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.660%, 02/21/2028  | 4355 | 4372 |
| &nbsp;&nbsp;&nbsp; GM Financial Automobile Leasing Trust, Ser 2025-2, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 07/20/2027  | 1490 | 1490 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GM Financial Automobile Leasing Trust, Ser 2025-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.580%, 05/22/2028  | $5775 | $5794 |
| &nbsp;&nbsp;&nbsp; GM Financial Revolving Receivables Trust, Ser 2024-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.980%, 12/11/2036 (D) | 7183 | 7311 |
| &nbsp;&nbsp;&nbsp; GM Financial Revolving Receivables Trust, Ser 2024-2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.520%, 03/11/2037 (D) | 1291 | 1288 |
| &nbsp;&nbsp;&nbsp; GM Financial Revolving Receivables Trust, Ser 2025-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.640%, 12/11/2037 (D) | 8722 | 8736 |
| &nbsp;&nbsp;&nbsp; GMF Floorplan Owner Revolving Trust, Ser 2024-4A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.730%, 11/15/2029 (D) | 2992 | 3011 |
| &nbsp;&nbsp;&nbsp; GMF Floorplan Owner Revolving Trust, Ser 2025-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.640%, 03/15/2030 (D) | 4391 | 4415 |
| &nbsp;&nbsp;&nbsp; Honda Auto Receivables Owner Trust, Ser 2022-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.730%, 07/20/2026  | 363 | 362 |
| &nbsp;&nbsp;&nbsp; Honda Auto Receivables Owner Trust, Ser 2025-2, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.280%, 08/15/2031  | 2549 | 2538 |
| &nbsp;&nbsp;&nbsp; Huntington Bank Auto Credit-Linked Notes, Ser 2024-2, Cl B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.442%, 10/20/2032 (D) | 3551 | 3571 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Lease Securitization Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.830%, 01/18/2028 (D) | 7016 | 7053 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Lease Securitization Trust, Ser 2025-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.530%, 04/17/2028 (D) | 6043 | 6064 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2022-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.220%, 10/15/2026  | 278 | 277 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2022-A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.350%, 04/17/2028  | 899 | 889 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2023-A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.480%, 07/17/2028  | 1525 | 1526 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2023-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.480%, 04/17/2028  | 799 | 804 |
| &nbsp;&nbsp;&nbsp; M&T Bank Auto Receivables Trust, Ser 2025-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.730%, 06/17/2030 (D) | 4380 | 4404 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Auto Lease Trust, Ser 2025-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.570%, 04/17/2028  | 1560 | 1563 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Auto Lease Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.610%, 04/16/2029  | 6724 | 6773 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Auto Receivables Trust, Ser 2022-1, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 02/15/2029  | $1834 | $1850 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Auto Receivables Trust, Ser 2025-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.780%, 12/17/2029  | 1878 | 1895 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Lease Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/15/2028  | 2733 | 2754 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Receivables Owner Trust, Ser 2022-B, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 11/15/2029  | 1104 | 1104 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Receivables Owner Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.490%, 12/17/2029  | 2942 | 2949 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Receivables Owner Trust, Ser 2025-A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.570%, 11/15/2030  | 2222 | 2229 |
| &nbsp;&nbsp;&nbsp; OCCU Auto Receivables Trust, Ser 2023-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.230%, 06/15/2028 (D) | 1640 | 1654 |
| &nbsp;&nbsp;&nbsp; PenFed Auto Receivables Owner Trust, Ser 2022-A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.180%, 12/15/2028 (D) | 508 | 507 |
| &nbsp;&nbsp;&nbsp; Santander Bank Auto Credit-Linked Notes, Ser 2023-B, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.933%, 12/15/2033 (D) | 2697 | 2707 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2024-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.630%, 01/16/2029  | 1657 | 1668 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2025-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.670%, 08/15/2029  | 2122 | 2129 |
| &nbsp;&nbsp;&nbsp; SBNA Auto Lease Trust, Ser 2024-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.390%, 11/20/2026 (D) | 557 | 558 |
| &nbsp;&nbsp;&nbsp; SBNA Auto Lease Trust, Ser 2024-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.560%, 11/22/2027 (D) | 1790 | 1805 |
| &nbsp;&nbsp;&nbsp; SBNA Auto Lease Trust, Ser 2024-C, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.420%, 03/20/2029 (D) | 1062 | 1057 |
| &nbsp;&nbsp;&nbsp; SBNA Auto Lease Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.830%, 04/20/2028 (D) | 3960 | 3971 |
| &nbsp;&nbsp;&nbsp; SBNA Auto Receivables Trust, Ser 2024-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.320%, 12/15/2028 (D) | 927 | 930 |
| &nbsp;&nbsp;&nbsp; SBNA Auto Receivables Trust, Ser 2024-A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.210%, 04/16/2029 (D) | 433 | 436 |
| &nbsp;&nbsp;&nbsp; SCCU Auto Receivables Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 12/15/2027 (D) | 1094 | 1096 |
| &nbsp;&nbsp;&nbsp; SCCU Auto Receivables Trust, Ser 2024-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.110%, 06/15/2029 (D) | 1355 | 1361 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; SFS Auto Receivables Securitization Trust, Ser 2024-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 05/21/2029 (D) | $2297 | $2305 |
| &nbsp;&nbsp;&nbsp; SFS Auto Receivables Securitization Trust, Ser 2024-1A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.940%, 01/21/2031 (D) | 389 | 393 |
| &nbsp;&nbsp;&nbsp; SFS Auto Receivables Securitization Trust, Ser 2024-2A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.330%, 11/20/2029 (D) | 1414 | 1429 |
| &nbsp;&nbsp;&nbsp; Stellantis Financial Underwritten Enhanced Lease Trust, Ser 2025-AA, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.630%, 07/20/2027 (D) | 2595 | 2596 |
| &nbsp;&nbsp;&nbsp; Stellantis Financial Underwritten Enhanced Lease Trust, Ser 2025-AA, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.470%, 07/20/2028 (D) | 6396 | 6395 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Loan Extended Note Trust, Ser 2021-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.070%, 02/27/2034 (D) | 8385 | 8175 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Loan Extended Note Trust, Ser 2023-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.930%, 06/25/2036 (D) | 4760 | 4829 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Loan Extended Note Trust, Ser 2024-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.160%, 11/25/2036 (D) | 7830 | 8007 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Receivables Owner Trust, Ser 2022-D, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.430%, 04/17/2028  | 994 | 1009 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Receivables Owner Trust, Ser 2023-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.710%, 02/15/2028  | 1772 | 1773 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Receivables Owner Trust, Ser 2023-C, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.160%, 04/17/2028  | 2315 | 2327 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Receivables Owner Trust, Ser 2025-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.340%, 11/15/2029  | 1379 | 1383 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Receivables Owner Trust, Ser 2025-B, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.490%, 06/17/2030  | 1542 | 1549 |
| &nbsp;&nbsp;&nbsp; Toyota Lease Owner Trust, Ser 2024-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.210%, 09/20/2027 (D) | 2975 | 2968 |
| &nbsp;&nbsp;&nbsp; Toyota Lease Owner Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/22/2028 (D) | 2475 | 2490 |
| &nbsp;&nbsp;&nbsp; Veridian Auto Receivables Trust, Ser 2023-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.560%, 03/15/2028 (D) | 2422 | 2429 |
| &nbsp;&nbsp;&nbsp; Volkswagen Auto Loan Enhanced Trust, Ser 2023-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.020%, 06/20/2028  | 2187 | 2194 |
| &nbsp;&nbsp;&nbsp; Volkswagen Auto Loan Enhanced Trust, Ser 2024-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.630%, 07/20/2029  | 1233 | 1242 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; World Omni Auto Receivables Trust, Ser 2025-B, Cl A2A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.380%, 08/15/2028  | $| 1100 | $1099 |
| &nbsp;&nbsp;&nbsp; World Omni Auto Receivables Trust, Ser 2025-B, Cl A3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.340%, 09/16/2030  |  | 1445 | 1448 |
| &nbsp;&nbsp;&nbsp; World Omni Automobile Lease Securitization Trust, Ser 2023-A, Cl A3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.070%, 09/15/2026  |  | 391 | 391 |
|  |  |  | 231825 |
| **Credit Cards — 0.8%** | **Credit Cards — 0.8%** | **Credit Cards — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; American Express Credit Account Master Trust, Ser 2023-4, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 09/15/2030  |  | 5707 | 5859 |
| &nbsp;&nbsp;&nbsp; American Express Credit Account Master Trust, Ser 2024-3, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 07/15/2029  |  | 1605 | 1618 |
| &nbsp;&nbsp;&nbsp; American Express Credit Account Master Trust, Ser 2025-1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.560%, 12/15/2029  |  | 7426 | 7483 |
| &nbsp;&nbsp;&nbsp; American Express Credit Account Master Trust, Ser 2025-2, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.280%, 04/15/2030  |  | 16092 | 16092 |
| &nbsp;&nbsp;&nbsp; American Express Credit Account Master Trust, Ser 2025-3, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.510%, 04/15/2032  |  | 8332 | 8365 |
| &nbsp;&nbsp;&nbsp; BA Credit Card Trust, Ser 2023-A2, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.980%, 11/15/2028  |  | 7003 | 7068 |
| &nbsp;&nbsp;&nbsp; BA Credit Card Trust, Ser 2024-A1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.930%, 05/15/2029  |  | 2091 | 2117 |
| &nbsp;&nbsp;&nbsp; Chase Issuance Trust, Ser 2023-A1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.160%, 09/15/2028  |  | 4535 | 4580 |
| &nbsp;&nbsp;&nbsp; Chase Issuance Trust, Ser 2024-A2, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.630%, 01/15/2031  |  | 9013 | 9103 |
| &nbsp;&nbsp;&nbsp; Synchrony Card Issuance Trust, Ser 2025-A1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.780%, 02/15/2031  |  | 3016 | 3048 |
| &nbsp;&nbsp;&nbsp; WF Card Issuance Trust, Ser 2024-A2, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.290%, 10/15/2029  |  | 3225 | 3227 |
| &nbsp;&nbsp;&nbsp; World Financial Network Credit Card Master Note Trust, Ser 2024-B, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.620%, 05/15/2031  |  | 1552 | 1559 |
| &nbsp;&nbsp;&nbsp; World Financial Network Credit Card Master Trust, Ser 2024-A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.470%, 02/15/2031  |  | 597 | 609 |
|  |  |  | 70728 |
| **Mortgage Related Securities — 0.0%** | **Mortgage Related Securities — 0.0%** | **Mortgage Related Securities — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Aames Mortgage Trust, Ser 2002-1, Cl A3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.396%, 06/25/2032 (E) |  | 10 | 10 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Centex Home Equity Loan Trust, Ser 2005-A, Cl M1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.159%, TSFR1M + 0.834%, 01/25/2035 (A) | $| 185 | $185 |
| &nbsp;&nbsp;&nbsp; Delta Funding Home Equity Loan Trust, Ser 1999-3, Cl A1A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.263%, TSFR1M + 0.934%, 09/15/2029 (A) |  | 114 | 111 |
| &nbsp;&nbsp;&nbsp; Mastr Asset Backed Securities Trust, Ser 2006-WMC3, Cl A4 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.759%, TSFR1M + 0.434%, 08/25/2036 (A) |  | 644 | 218 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Mortgage Loan Trust, Ser 2007-3XS, Cl 2A3S |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.358%, 01/25/2047 (E) |  | 11 | 4 |
| &nbsp;&nbsp;&nbsp; RASC Trust, Ser 2005-KS9, Cl M5 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.384%, TSFR1M + 0.744%, 10/25/2035 (A) |  | 592 | 591 |
| &nbsp;&nbsp;&nbsp; RASC Trust, Ser 2006-KS2, Cl M2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.024%, TSFR1M + 0.699%, 03/25/2036 (A) |  | 343 | 342 |
| &nbsp;&nbsp;&nbsp; Structured Asset Securities Pass-Through Certificates, Ser 2002-AL1, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 02/25/2032  |  | 2 | 2 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Home Equity Asset-Backed Securities Trust, Ser 2004-2, Cl A33 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.439%, TSFR1M + 1.114%, 10/25/2034 (A) |  | 1506 | 1536 |
|  |  |  | 2999 |
| **Other Asset-Backed Securities — 4.0%** | **Other Asset-Backed Securities — 4.0%** | **Other Asset-Backed Securities — 4.0%** |  |
| &nbsp;&nbsp;&nbsp; AGL CLO 33, Ser 2024-33A, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.620%, TSFR3M + 1.350%, 07/21/2037 (A)(D) |  | 4260 | 4269 |
| &nbsp;&nbsp;&nbsp; Aligned Data Centers Issuer LLC, Ser 2021-1A, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.937%, 08/15/2046 (D) |  | 3630 | 3488 |
| &nbsp;&nbsp;&nbsp; AMMC CLO 15, Ser 2021-15A, Cl BR3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.168%, TSFR3M + 1.912%, 01/15/2032 (A)(D) |  | 2000 | 2002 |
| &nbsp;&nbsp;&nbsp; AMMC CLO 24, Ser 2024-24A, Cl BR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.870%, TSFR3M + 1.600%, 01/20/2035 (A)(D) |  | 7000 | 7003 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XII, Ser 2024-12A, Cl ARR |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.336%, TSFR3M + 1.080%, 04/15/2031 (A)(D) |  | 1861 | 1861 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXV, Ser 2024-25A, Cl A1R3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.410%, TSFR3M + 1.140%, 01/20/2037 (A)(D) |  | 3610 | 3603 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXXV, Ser 2021-35A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.581%, TSFR3M + 1.312%, 04/20/2034 (A)(D) |  | 1320 | 1322 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Arbor Realty Commercial Real Estate Notes, Ser 2021-FL4, Cl AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.143%, TSFR1M + 1.814%, 11/15/2036 (A)(D) | $4831 | $4828 |
| &nbsp;&nbsp;&nbsp; Arbor Realty Commercial Real Estate Notes, Ser 2022-FL1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.782%, SOFR30A + 1.450%, 01/15/2037 (A)(D) | 1070 | 1070 |
| &nbsp;&nbsp;&nbsp; Ares LXIII CLO, Ser 2022-63A, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.652%, TSFR3M + 1.380%, 04/20/2035 (A)(D) | 2750 | 2755 |
| &nbsp;&nbsp;&nbsp; Barings CLO, Ser 2024-4A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.406%, TSFR3M + 1.150%, 10/15/2030 (A)(D) | 4640 | 4640 |
| &nbsp;&nbsp;&nbsp; Cayuga Park CLO, Ser 2021-1A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.661%, TSFR3M + 1.382%, 07/17/2034 (A)(D) | 2360 | 2363 |
| &nbsp;&nbsp;&nbsp; Cedar Funding VII CLO, Ser 2024-7A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, TSFR3M + 1.080%, 01/20/2031 (A)(D) | 4711 | 4711 |
| &nbsp;&nbsp;&nbsp; Chase Funding Trust, Ser 2003-6, Cl 1A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.832%, 11/25/2034 (E) | 71 | 70 |
| &nbsp;&nbsp;&nbsp; Chase Funding Trust, Ser 2003-6, Cl 1A7 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.832%, 11/25/2034 (E) | 70 | 69 |
| &nbsp;&nbsp;&nbsp; CIFC Funding, Ser 2016-1A, Cl AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.270%, TSFR3M + 1.000%, 10/21/2031 (A)(D) | 6872 | 6862 |
| &nbsp;&nbsp;&nbsp; CIFC Funding, Ser 2021-3A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.661%, TSFR3M + 1.392%, 10/20/2034 (A)(D) | 840 | 841 |
| &nbsp;&nbsp;&nbsp; CIFC Funding, Ser 2021-4A, Cl A1A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.601%, TSFR3M + 1.332%, 04/20/2034 (A)(D) | 350 | 351 |
| &nbsp;&nbsp;&nbsp; CIFC Funding, Ser 2024-1A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.702%, TSFR3M + 1.420%, 07/25/2037 (A)(D) | 2250 | 2257 |
| &nbsp;&nbsp;&nbsp; CIFC Funding, Ser 2024-2A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.792%, TSFR3M + 1.520%, 04/22/2037 (A)(D) | 2400 | 2406 |
| &nbsp;&nbsp;&nbsp; Citicorp Residential Mortgage Trust, Ser 2007-1, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.683%, 03/25/2037 (E) | 53 | 53 |
| &nbsp;&nbsp;&nbsp; Cloud Capital Holdco, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.781%, 11/22/2049 (D) | 4110 | 4122 |
| &nbsp;&nbsp;&nbsp; CNH Equipment Trust, Ser 2022-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.890%, 11/15/2027  | 938 | 934 |
| &nbsp;&nbsp;&nbsp; CNH Equipment Trust, Ser 2022-C, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 04/17/2028  | 2540 | 2551 |
| &nbsp;&nbsp;&nbsp; College Avenue Student Loans LLC, Ser 2017-A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.089%, TSFR1M + 1.764%, 11/26/2046 (A)(D) | 315 | 318 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; College Avenue Student Loans LLC, Ser 2018-A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.130%, 12/26/2047 (D) | $250 | $244 |
| &nbsp;&nbsp;&nbsp; College Avenue Student Loans LLC, Ser 2019-A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.280%, 12/28/2048 (D) | 555 | 526 |
| &nbsp;&nbsp;&nbsp; College Avenue Student Loans LLC, Ser 2021-B, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.760%, 06/25/2052 (D) | 476 | 427 |
| &nbsp;&nbsp;&nbsp; College Avenue Student Loans LLC, Ser 2021-C, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.320%, 07/26/2055 (D) | 323 | 291 |
| &nbsp;&nbsp;&nbsp; College Avenue Student Loans LLC, Ser 2023-A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.330%, 05/25/2055 (D) | 2120 | 2125 |
| &nbsp;&nbsp;&nbsp; Consolidated Communications LLC, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/20/2055 (D) | 2455 | 2494 |
| &nbsp;&nbsp;&nbsp; COOF Securitization Trust, Ser 2014-1, Cl A, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.313%, 06/25/2040 (A)(D) | 58 | 4 |
| &nbsp;&nbsp;&nbsp; Countrywide Asset-Backed Certificates Trust, Ser 2004-6, Cl 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.979%, TSFR1M + 0.654%, 12/25/2034 (A) | 1465 | 1427 |
| &nbsp;&nbsp;&nbsp; Countrywide Asset-Backed Certificates Trust, Ser 2007-13, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.339%, TSFR1M + 1.014%, 10/25/2047 (A) | 168 | 155 |
| &nbsp;&nbsp;&nbsp; Credit-Based Asset Servicing and Securitization LLC, Ser 2003-CB3, Cl AF1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.379%, 12/25/2032 (E) | 13 | 13 |
| &nbsp;&nbsp;&nbsp; Credit-Based Asset Servicing and Securitization LLC, Ser 2006-CB2, Cl AF2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.979%, 12/25/2036 (E) | 284 | 225 |
| &nbsp;&nbsp;&nbsp; Dell Equipment Finance Trust, Ser 2025-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.610%, 02/24/2031 (D) | 4655 | 4679 |
| &nbsp;&nbsp;&nbsp; DLLAA LLC, Ser 2023-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.640%, 02/22/2028 (D) | 760 | 769 |
| &nbsp;&nbsp;&nbsp; DLLAA LLC, Ser 2025-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/20/2029 (D) | 2635 | 2664 |
| &nbsp;&nbsp;&nbsp; DLLAD LLC, Ser 2024-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 07/20/2029 (D) | 4980 | 5051 |
| &nbsp;&nbsp;&nbsp; DLLMT LLC, Ser 2024-1A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.980%, 04/20/2032 (D) | 1380 | 1397 |
| &nbsp;&nbsp;&nbsp; Dryden 72 CLO, Ser 2024-72A, Cl ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.426%, TSFR3M + 1.100%, 05/15/2032 (A)(D) | 4137 | 4136 |
| &nbsp;&nbsp;&nbsp; Dryden 77 CLO, Ser 2021-77A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.704%, TSFR3M + 1.382%, 05/20/2034 (A)(D) | 6750 | 6760 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Dryden XXVI Senior Loan Fund, Ser 2018-26A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.418%, TSFR3M + 1.162%, 04/15/2029 (A)(D) | $1244 | $1245 |
| &nbsp;&nbsp;&nbsp; EDvestinU Private Education Loan Issue No. 4 LLC, Ser 2022-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 11/25/2040 (D) | 1169 | 1161 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO I, Ser 2024-1A, Cl A1RR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.790%, TSFR3M + 1.520%, 04/20/2037 (A)(D) | 2220 | 2228 |
| &nbsp;&nbsp;&nbsp; FNMA Grantor Trust, Ser 2017-T1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.898%, 06/25/2027  | 178 | 172 |
| &nbsp;&nbsp;&nbsp; Ford Credit Floorplan Master Owner Trust, Ser 2024-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 09/15/2029 (D) | 4599 | 4589 |
| &nbsp;&nbsp;&nbsp; Ford Credit Floorplan Master Owner Trust, Ser 2024-4, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 09/15/2031 (D) | 2390 | 2374 |
| &nbsp;&nbsp;&nbsp; Fremont Home Loan Trust, Ser 2005-E, Cl 2A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.099%, TSFR1M + 0.774%, 01/25/2036 (A) | 4084 | 3937 |
| &nbsp;&nbsp;&nbsp; Galaxy XXII CLO, Ser 2024-22A, Cl ARRR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.501%, TSFR3M + 1.240%, 04/16/2034 (A)(D) | 6780 | 6780 |
| &nbsp;&nbsp;&nbsp; Global SC Finance VII SRL, Ser 2020-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.170%, 10/17/2040 (D) | 4373 | 4145 |
| &nbsp;&nbsp;&nbsp; Global SC Finance VII SRL, Ser 2021-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.950%, 08/17/2041 (D) | 3617 | 3348 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO, Ser 2023-66A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.232%, TSFR3M + 1.950%, 04/25/2036 (A)(D) | 890 | 890 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations Trust, Ser 2020-AA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.740%, 02/25/2039 (D) | 460 | 447 |
| &nbsp;&nbsp;&nbsp; JGWPT XXX LLC, Ser 2013-3A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.080%, 01/17/2073 (D) | 946 | 883 |
| &nbsp;&nbsp;&nbsp; JGWPT XXXII LLC, Ser 2014-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.610%, 01/17/2073 (D) | 1240 | 1107 |
| &nbsp;&nbsp;&nbsp; John Deere Owner Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%, 09/17/2029  | 4505 | 4499 |
| &nbsp;&nbsp;&nbsp; KGS-Alpha SBA COOF Trust, Ser 2012-A, Cl A, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.814%, 08/25/2038 (A)(D) | 277 | 5 |
| &nbsp;&nbsp;&nbsp; KGS-Alpha SBA COOF Trust, Ser 2014-2, Cl A, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.771%, 04/25/2040 (A)(D) | 33 | 2 |
| &nbsp;&nbsp;&nbsp; Kings Park CLO, Ser 2021-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.661%, TSFR3M + 1.392%, 01/21/2035 (A)(D) | 710 | 712 |
| &nbsp;&nbsp;&nbsp; LCM 37, Ser 2024-37A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.316%, TSFR3M + 1.060%, 04/15/2034 (A)(D) | 7500 | 7484 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Madison Park Funding XXXV, Ser 2021-35A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.521%, TSFR3M + 1.252%, 04/20/2032 (A)(D) | $3138 | $3142 |
| &nbsp;&nbsp;&nbsp; Magnetite XVII, Ser 2024-17A, Cl BR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.220%, TSFR3M + 1.950%, 04/20/2037 (A)(D) | 2840 | 2855 |
| &nbsp;&nbsp;&nbsp; MF1 LLC, Ser 2025-FL17, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.647%, TSFR1M + 1.320%, 02/18/2040 (A)(D) | 3475 | 3447 |
| &nbsp;&nbsp;&nbsp; MF1, Ser 2020-FL4, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.143%, TSFR1M + 1.814%, 12/15/2035 (A)(D) | 269 | 269 |
| &nbsp;&nbsp;&nbsp; MF1, Ser 2021-FL7, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.521%, TSFR1M + 1.194%, 10/16/2036 (A)(D) | 457 | 456 |
| &nbsp;&nbsp;&nbsp; Mid-State Capital Trust, Ser 2006-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.787%, 10/15/2040 (D) | 1320 | 1321 |
| &nbsp;&nbsp;&nbsp; Mid-State Trust XI, Ser 2003-11, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.864%, 07/15/2038  | 329 | 327 |
| &nbsp;&nbsp;&nbsp; MVW LLC, Ser 2021-1WA, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.440%, 01/22/2041 (D) | 194 | 184 |
| &nbsp;&nbsp;&nbsp; MVW LLC, Ser 2021-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.430%, 05/20/2039 (D) | 344 | 325 |
| &nbsp;&nbsp;&nbsp; MVW LLC, Ser 2023-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.180%, 11/20/2040 (D) | 1036 | 1066 |
| &nbsp;&nbsp;&nbsp; Myers Park CLO, Ser 2018-1A, Cl B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.131%, TSFR3M + 1.862%, 10/20/2030 (A)(D) | 890 | 891 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Loan Trust, Ser 2018-BA, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.610%, 12/15/2059 (D) | 135 | 134 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2018-DA, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 12/15/2059 (D) | 1917 | 1892 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2019-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.420%, 01/15/2043 (D) | 313 | 310 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2019-CA, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.130%, 02/15/2068 (D) | 723 | 707 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2019-D, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.010%, 12/15/2059 (D) | 1226 | 1185 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2019-FA, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 08/15/2068 (D) | 1400 | 1344 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2020-DA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.690%, 05/15/2069 (D) | 677 | 635 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2020-EA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.690%, 05/15/2069 (D) | 774 | 716 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2020-GA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.170%, 09/16/2069 (D) | $875 | $807 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2021-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.840%, 05/15/2069 (D) | 2162 | 1959 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2021-BA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.940%, 07/15/2069 (D) | 421 | 381 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2021-CA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.060%, 10/15/2069 (D) | 1631 | 1460 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2021-EA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.970%, 12/16/2069 (D) | 2495 | 2220 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2021-FA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.110%, 02/18/2070 (D) | 1604 | 1412 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2021-GA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.580%, 04/15/2070 (D) | 395 | 355 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2022-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.230%, 07/15/2070 (D) | 1436 | 1285 |
| &nbsp;&nbsp;&nbsp; Navient Student Loan Trust, Ser 2019-BA, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.390%, 12/15/2059 (D) | 392 | 382 |
| &nbsp;&nbsp;&nbsp; Navient Student Loan Trust, Ser 2021-3A, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.770%, 08/25/2070 (D) | 1546 | 1342 |
| &nbsp;&nbsp;&nbsp; Navient Student Loan Trust, Ser 2023-BA, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.480%, 03/15/2072 (D) | 492 | 505 |
| &nbsp;&nbsp;&nbsp; Nelnet Student Loan Trust, Ser 2004-4, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.785%, SOFR90A + 0.422%, 01/25/2037 (A) | 591 | 588 |
| &nbsp;&nbsp;&nbsp; Nelnet Student Loan Trust, Ser 2005-1, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.735%, SOFR90A + 0.372%, 10/25/2033 (A) | 1775 | 1756 |
| &nbsp;&nbsp;&nbsp; Nelnet Student Loan Trust, Ser 2005-2, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.724%, SOFR90A + 0.362%, 03/23/2037 (A) | 1838 | 1820 |
| &nbsp;&nbsp;&nbsp; Nelnet Student Loan Trust, Ser 2005-3, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.744%, SOFR90A + 0.382%, 12/24/2035 (A) | 1306 | 1295 |
| &nbsp;&nbsp;&nbsp; Nelnet Student Loan Trust, Ser 2021-A, Cl APT1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.360%, 04/20/2062 (D) | 3322 | 3095 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Nelnet Student Loan Trust, Ser 2021-CA, Cl AFX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.320%, 04/20/2062 (D) | $1293 | $1203 |
| &nbsp;&nbsp;&nbsp; Newcastle Mortgage Securities Trust, Ser 2007-1, Cl 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.629%, TSFR1M + 0.304%, 04/25/2037 (A) | 4517 | 4362 |
| &nbsp;&nbsp;&nbsp; Oaktree CLO, Ser 2024-25A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.820%, TSFR3M + 1.550%, 04/20/2037 (A)(D) | 2490 | 2496 |
| &nbsp;&nbsp;&nbsp; Octagon 66, Ser 2023-1A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.075%, TSFR3M + 1.750%, 11/16/2036 (A)(D) | 2500 | 2507 |
| &nbsp;&nbsp;&nbsp; Octagon Investment Partners 41, Ser 2025-2A, Cl A1R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.346%, TSFR3M + 1.090%, 10/15/2033 (A)(D) | 4000 | 3998 |
| &nbsp;&nbsp;&nbsp; Octane Receivables Trust, Ser 2023-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.870%, 05/21/2029 (D) | 297 | 297 |
| &nbsp;&nbsp;&nbsp; OHA Credit Funding VII, Ser 2022-7A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.570%, TSFR3M + 1.300%, 02/24/2037 (A)(D) | 1730 | 1732 |
| &nbsp;&nbsp;&nbsp; Owl Rock CLO III, Ser 2024-3A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.120%, TSFR3M + 1.850%, 04/20/2036 (A)(D) | 2030 | 2043 |
| &nbsp;&nbsp;&nbsp; Palmer Square CLO, Ser 2021-1A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.719%, TSFR3M + 1.412%, 11/14/2034 (A)(D) | 2430 | 2435 |
| &nbsp;&nbsp;&nbsp; Point Au Roche Park CLO, Ser 2021-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.611%, TSFR3M + 1.342%, 07/20/2034 (A)(D) | 3130 | 3135 |
| &nbsp;&nbsp;&nbsp; Rad CLO, Ser 2023-22A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, TSFR3M + 1.830%, 01/20/2037 (A)(D) | 3040 | 3049 |
| &nbsp;&nbsp;&nbsp; RAMP Trust, Ser 2007-RZ1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.939%, TSFR1M + 0.614%, 02/25/2037 (A) | 1218 | 1211 |
| &nbsp;&nbsp;&nbsp; Recette CLO, Ser 2021-1A, Cl ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.611%, TSFR3M + 1.342%, 04/20/2034 (A)(D) | 760 | 760 |
| &nbsp;&nbsp;&nbsp; Rockford Tower CLO, Ser 2019-2A, Cl AR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.452%, TSFR3M + 1.130%, 08/20/2032 (A)(D) | 4762 | 4765 |
| &nbsp;&nbsp;&nbsp; SBA Small Business Investment, Ser 2018-10B, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.548%, 09/10/2028  | 662 | 649 |
| &nbsp;&nbsp;&nbsp; SBA Small Business Investment, Ser 2022-10A, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.938%, 03/10/2032  | 1298 | 1229 |
| &nbsp;&nbsp;&nbsp; SBA Small Business Investment, Ser 2022-10B, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.262%, 09/10/2032  | 777 | 769 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; SBA Small Business Investment, Ser 2025-10A, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.963%, 03/10/2035  | $4300 | $4345 |
| &nbsp;&nbsp;&nbsp; SCF Equipment Trust LLC, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.820%, 07/22/2030 (D) | 2280 | 2283 |
| &nbsp;&nbsp;&nbsp; SLM Private Education Loan Trust, Ser 2010-C, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.193%, TSFR1M + 4.864%, 10/15/2041 (A)(D) | 1098 | 1151 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2003-4, Cl A5D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.395%, SOFR90A + 1.012%, 03/15/2033 (A)(D) | 421 | 410 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2003-7A, Cl A5A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.845%, SOFR90A + 1.462%, 12/15/2033 (A)(D) | 1536 | 1507 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2006-8, Cl A6 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.785%, SOFR90A + 0.422%, 01/25/2041 (A) | 2254 | 2141 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2008-2, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.825%, SOFR90A + 1.462%, 01/25/2083 (A) | 1155 | 1179 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2008-3, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.825%, SOFR90A + 1.462%, 04/26/2083 (A) | 1155 | 1153 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2008-4, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.475%, SOFR90A + 2.112%, 04/25/2073 (A) | 1155 | 1219 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2008-5, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.475%, SOFR90A + 2.112%, 07/25/2073 (A) | 1155 | 1168 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2008-6, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.475%, SOFR90A + 2.112%, 07/26/2083 (A) | 1155 | 1153 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2008-7, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.475%, SOFR90A + 2.112%, 07/26/2083 (A) | 1155 | 1165 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2014-3A, Cl A6A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.175%, SOFR90A + 0.812%, 10/25/2064 (A)(D) | 1811 | 1803 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2020-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.230%, 09/15/2037 (D) | 514 | 492 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2020-PTA, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.600%, 09/15/2054 (D) | 1626 | 1521 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-A, Cl A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.590%, 01/15/2053 (D) | 5067 | 4618 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-A, Cl APT1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.070%, 01/15/2053 (D) | 2187 | 1926 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.310%, 01/15/2053 (D) | $765 | $740 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-B, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.310%, 07/17/2051 (D) | 1292 | 1202 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-C, Cl APT1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.390%, 01/15/2053 (D) | 2258 | 2052 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-C, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.300%, 01/15/2053 (D) | 1276 | 1234 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-D, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.340%, 03/17/2053 (D) | 2130 | 1934 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-E, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.680%, 02/15/2051 (D) | 3126 | 2887 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2024-A, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.240%, 03/15/2056 (D) | 1570 | 1582 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2024-E, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.090%, 10/16/2056 (D) | 3443 | 3451 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2025-A, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.130%, 04/15/2054 (D) | 2480 | 2490 |
| &nbsp;&nbsp;&nbsp; SoFi Professional Loan Program LLC, Ser 2017-D, Cl A2FX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 09/25/2040 (D) | 12 | 12 |
| &nbsp;&nbsp;&nbsp; SoFi Professional Loan Program Trust, Ser 2021-B, Cl AFX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.140%, 02/15/2047 (D) | 1178 | 1019 |
| &nbsp;&nbsp;&nbsp; South Carolina Student Loan, Ser 2015-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.939%, TSFR1M + 1.614%, 01/25/2036 (A) | 240 | 240 |
| &nbsp;&nbsp;&nbsp; Structured Asset Investment Loan Trust, Ser 2004-8, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.989%, TSFR1M + 0.664%, 09/25/2034 (A) | 1876 | 1811 |
| &nbsp;&nbsp;&nbsp; Structured Asset Securities Mortgage Loan Trust, Ser 2006-BC5, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.779%, TSFR1M + 0.454%, 12/25/2036 (A) | 194 | 193 |
| &nbsp;&nbsp;&nbsp; Symphony CLO XXIV, Ser 2024-24A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.479%, TSFR3M + 1.200%, 01/23/2032 (A)(D) | 4787 | 4792 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Trust, Ser 2022-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.910%, 05/22/2028 (D) | 564 | 565 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Trust, Ser 2024-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 09/20/2029 (D) | 2330 | 2345 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Trust, Ser 2024-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/21/2029 (D) | 1945 | 1941 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; T-Mobile US Trust, Ser 2025-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.740%, 11/20/2029 (D) | $2064 | $2084 |
| &nbsp;&nbsp;&nbsp; Trestles CLO VII, Ser 2024-7A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.662%, TSFR3M + 1.380%, 10/25/2037 (A)(D) | 2180 | 2185 |
| &nbsp;&nbsp;&nbsp; TRTX Issuer, Ser 2022-FL5, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.979%, TSFR1M + 1.650%, 02/15/2039 (A)(D) | 3593 | 3593 |
| &nbsp;&nbsp;&nbsp; U.S. Small Business Administration, Ser 2019-20D, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.980%, 04/01/2039  | 171 | 159 |
| &nbsp;&nbsp;&nbsp; U.S. Small Business Administration, Ser 2022-25E, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.940%, 05/01/2047  | 876 | 818 |
| &nbsp;&nbsp;&nbsp; U.S. Small Business Administration, Ser 2022-25F, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.010%, 06/01/2047  | 1136 | 1078 |
| &nbsp;&nbsp;&nbsp; U.S. Small Business Administration, Ser 2024-25C, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.970%, 03/01/2049  | 340 | 339 |
| &nbsp;&nbsp;&nbsp; Vantage Data Centers LLC, Ser 2020-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.992%, 09/15/2045 (D) | 4950 | 4606 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2023-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.490%, 01/22/2029  | 3044 | 3042 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2023-4, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.160%, 06/20/2029  | 6767 | 6816 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2023-6, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 09/22/2031 (D) | 4885 | 5029 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2023-6, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.860%, 09/22/2031 (D) | 1150 | 1179 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2023-7, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.670%, 11/20/2029  | 2815 | 2865 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2024-5, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/21/2032 (D) | 3903 | 3975 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2024-7, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 08/20/2032 (D) | 6895 | 6861 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2025-2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.940%, 01/20/2033 (D) | 4694 | 4778 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2025-3, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.510%, 03/20/2030  | 4531 | 4538 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2025-4, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.760%, 03/21/2033 (D) | 4531 | 4566 |
| &nbsp;&nbsp;&nbsp; Voya CLO, Ser 2018-3A, Cl A1R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.456%, TSFR3M + 1.200%, 10/15/2031 (A)(D) | 1404 | 1404 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Home Equity Asset-Backed Securities Trust, Ser 2006-2, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.874%, TSFR1M + 0.549%, 07/25/2036 (A) | 3415 | 3401 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Wendy's Funding LLC, Ser 2019-1A, Cl A2I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.783%, 06/15/2049 (D) | $| 3613 | $| 3556 |
|  |  |  |  | 349248 |
|  Total Asset-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $654,714) ($ Thousands) |  |  |  | 654800 |
| **SOVEREIGN DEBT — 0.3%** | **SOVEREIGN DEBT — 0.3%** | **SOVEREIGN DEBT — 0.3%** | **SOVEREIGN DEBT — 0.3%** | **SOVEREIGN DEBT — 0.3%** |
| &nbsp;&nbsp;&nbsp; Bank Gospodarstwa Krajowego |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 07/09/2054(D) |  | 1954 |  | 1889 |
| &nbsp;&nbsp;&nbsp; Chile Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 01/13/2037 |  | 1620 |  | 1642 |
| &nbsp;&nbsp;&nbsp; Export Finance & Insurance |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 10/26/2027(D) |  | 2987 |  | 3029 |
| &nbsp;&nbsp;&nbsp; Israel Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/12/2054 |  | 1843 |  | 1634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 02/19/2035 |  | 1936 |  | 1912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/19/2030 |  | 4931 |  | 4968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 01/17/2033 |  | 708 |  | 661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 07/03/2050 |  | 963 |  | 652 |
| &nbsp;&nbsp;&nbsp; Mexico Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/08/2044 |  | 1139 |  | 858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 01/23/2046 |  | 1264 |  | 913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 02/10/2048 |  | 1019 |  | 723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 02/12/2052 |  | 1156 |  | 770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 01/15/2047 |  | 668 |  | 460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/12/2034 |  | 3112 |  | 2551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.659%, 05/24/2031 |  | 932 |  | 791 |
| &nbsp;&nbsp;&nbsp; Paraguay Government International Bond |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.650%, 03/04/2055(D) |  | 718 |  | 698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/30/2050(D) |  | 2919 |  | 2449 |
|  Total Sovereign Debt | Total Sovereign Debt | Total Sovereign Debt |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $26,795) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $26,795) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $26,795) ($ Thousands) |  | 26600 |
| **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.2%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.2%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.2%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.2%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.2%** |
| &nbsp;&nbsp;&nbsp; FNMA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 11/15/2030(B) |  | 6273 |  | 4998 |
| &nbsp;&nbsp;&nbsp; Resolution Funding Interest STRIP |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/15/2030(B) |  | 1930 |  | 1591 |
| &nbsp;&nbsp;&nbsp; Resolution Funding Principal STRIP |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/15/2030(B) |  | 10375 |  | 8461 |
|  Total U.S. Government Agency Obligations | Total U.S. Government Agency Obligations | Total U.S. Government Agency Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $16,207) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $16,207) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $16,207) ($ Thousands) |  | 15050 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS — 0.1%** | **MUNICIPAL BONDS — 0.1%** | **MUNICIPAL BONDS — 0.1%** |
| **California — 0.0%** | **California — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; California State University, Ser B, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.374%, 11/01/2035  | $1160 | $907 |
| &nbsp;&nbsp;&nbsp; California State, Health Facilities Financing Authority, Ser 2021A, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/15/2051  | 1260 | 880 |
|  |  | 1787 |
| **Georgia — 0.0%** | **Georgia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Georgia State, Municipal Electric Authority, Build America Project, Ser 2010A, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.637%, 04/01/2057  | 2214 | 2344 |
| **Nevada — 0.0%** | **Nevada — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Clark County, Airport System Revenue, Build America Project, Ser C, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.820%, 07/01/2045  | 1170 | 1286 |
| **New York — 0.1%** | **New York — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; New York & New Jersey, Port Authority, Ser 174, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.458%, 10/01/2062  | 1600 | 1294 |
| &nbsp;&nbsp;&nbsp; New York City, Ser A, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/01/2034  | 870 | 744 |
| &nbsp;&nbsp;&nbsp; New York City, Transitional Finance Authority Future Tax Secured Revenue, Ser D-3, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.400%, 11/01/2032  | 1085 | 920 |
|  |  | 2958 |
| **Ohio — 0.0%** | **Ohio — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Ohio State University, Build America Project, Ser A, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 06/01/2111  | 689 | 558 |
| **Texas — 0.0%** | **Texas — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; North Texas, Tollway Authority, Build America Project, Ser B, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.718%, 01/01/2049  | 1154 | 1248 |
| &nbsp;&nbsp;&nbsp; University of Texas, Board of Regents, Ser B, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.439%, 08/15/2049  | 585 | 343 |
|  |  | 1591 |
|  Total Municipal Bonds |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $12,164) ($ Thousands) |  | 10524 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **CASH EQUIVALENT — 2.6%** | **CASH EQUIVALENT — 2.6%** | **CASH EQUIVALENT — 2.6%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 229145663 | $229146 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $229,146) ($ Thousands) |  | 229146 |
| **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** |
|  Total Purchased Swaptions  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,191) ($ Thousands) |  | 2083 |
| Total Investments in Securities — 106.2% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $9,635,910) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $9,635,910) ($ Thousands)  | $9417596 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Core Fixed Income Fund** (Concluded)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: |
| **Description** | **Counterparty** | **Number of Contracts/ Notional Amount** | **Exercise Price** | **Expiration Date** | **Value<br> (Thousands)** |
| **PURCHASED SWAPTIONS — 0.0%** |  |  |  |  |  |
| **Put Swaptions** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | $135580000 | $3.61 | 12/20/2025 | $1460 |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | 57735000 | 3.74 | 12/20/2025 | 258 |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | 30345000 | 4.24 | 12/20/2025 | 52 |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | 71970000 | 4.09 | 12/20/2025 | 313 |
|  Total Purchased Swaptions |  | $295630000 |  |  | $2083 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; U.S. 2-Year Treasury Note | 3915 | Sep-2025 | $811225 | $812118 | $893 |
| &nbsp;&nbsp; U.S. 5-Year Treasury Note | 3810 | Sep-2025 | 410338 | 412193 | 1855 |
| &nbsp;&nbsp; U.S. 10-Year Treasury Note | 331 | Sep-2025 | 36449 | 36658 | 209 |
|  |  |  | 1258012 | 1260969 | 2957 |
| Short Contracts |  |  |  |  |  |
| &nbsp;&nbsp; U.S. Long Treasury Bond | (402) | Sep-2025 | $(44429) | $(45337) | $(908) |
| &nbsp;&nbsp; U.S. Ultra Long Treasury Bond | (18) | Sep-2025 | (2055) | (2089) | (34) |
| &nbsp;&nbsp; Ultra 10-Year U.S. Treasury Note | (1405) | Sep-2025 | (156207) | (158128) | (1921) |
|  |  |  | (202691) | (205554) | (2863) |
|  |  |  | $1055321 | $1055415 | $94 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $8,868,764 ($ Thousands). |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (A) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (B) | Zero coupon security.  |
| (C) | No interest rate available. |
| (D) | 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 May 31, 2025, the value of these securities amounted to $1,106,598 ($ Thousands), representing 12.5% of the Net Assets of the Fund. |
| (E) | Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
| (F) | Interest rate represents the security's effective yield at the time of purchase. |
| (G) | Security, or a portion thereof, has been pledged as collateral on open futures contracts. The total market value of such securities as of May 31, 2025 was $3,810 ($ Thousands). |
| (H) | Perpetual security with no stated maturity date. |
| (I) | Security is in default on interest payment. |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Mortgage-Backed Securities |  | 3719645 |  | 3719645 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations |  | 2733744 |  | 2733744 |
| &nbsp;&nbsp;&nbsp; Corporate Obligations |  | 2026004 |  | 2026004 |
| &nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 654800 |  | 654800 |
| &nbsp;&nbsp;&nbsp; Sovereign Debt |  | 26600 |  | 26600 |
| &nbsp;&nbsp;&nbsp; U.S. Government Agency Obligations |  | 15050 |  | 15050 |
| &nbsp;&nbsp;&nbsp; Municipal Bonds |  | 10524 |  | 10524 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 229146 |  |  | 229146 |
| &nbsp;&nbsp;&nbsp; Purchased Swaptions | – | 2083 |  | 2083 |
|  Total Investments in Securities | 229146 | 9188450 |  | 9417596 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 2957 |  |  | 2957 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (2863) |  |  | (2863) |
| Total Other Financial Instruments | 94 |  |  | 94 |

---

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

For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Liquidity Fund, LP  | $13 | $— | $(33) | $6 | $14 | $— | $3 | $— |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | 164770 | 9706839 | (9642463) |  |  | 229146 | 14108 |  |
| Totals  | $164783 | $9706839 | $(9642496) | $6 | $14 | $229146 | $14111 | $— |

---

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

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS — 77.7%** | **CORPORATE OBLIGATIONS — 77.7%** | **CORPORATE OBLIGATIONS — 77.7%** |
| **Communication Services — 13.9%** | **Communication Services — 13.9%** |  |
| &nbsp;&nbsp;&nbsp; Altice Financing  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 08/15/2029 (A) | $2025 | $1548 |
| &nbsp;&nbsp;&nbsp; Altice France  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 02/01/2027 (A) | 2782 | 2553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/2028 (A) | 3926 | 3380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 10/15/2029 (A) | 1670 | 1419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 07/15/2029 (A) | 1688 | 1424 |
| &nbsp;&nbsp;&nbsp; Altice France Holding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 05/15/2027 (A) | 1135 | 406 |
| &nbsp;&nbsp;&nbsp; AMC Networks  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.250%, 01/15/2029 (A) | 941 | 997 |
| &nbsp;&nbsp;&nbsp; ANGI Group LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/15/2028 (A) | 1463 | 1355 |
| &nbsp;&nbsp;&nbsp; Arches Buyer  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 12/01/2028 (A) | 2034 | 1859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 06/01/2028 (A) | 423 | 399 |
| &nbsp;&nbsp;&nbsp; Beasley Mezzanine Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.200%, 08/01/2028 (A) | 4279 | 1498 |
| &nbsp;&nbsp;&nbsp; Belo  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 09/15/2027  | 442 | 453 |
| &nbsp;&nbsp;&nbsp; C&W Senior Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 01/15/2033 (A) | 1480 | 1473 |
| &nbsp;&nbsp;&nbsp; Cable One  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 11/15/2030 (A) | 2095 | 1623 |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 03/01/2031 (A) | 2655 | 2748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 09/01/2029 (A) | 2650 | 2686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 06/01/2029 (A) | 401 | 395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 05/01/2027 (A) | 726 | 719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/01/2028 (A) | 6043 | 5927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/01/2030 (A) | 2405 | 2296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 08/15/2030 (A) | 6592 | 6181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/01/2032  | 210 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 02/01/2031 (A) | 8657 | 7929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 01/15/2034 (A) | 15861 | 13692 |
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC / Charter Communications Operating Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, 06/01/2034  | 2345 | 2453 |
| &nbsp;&nbsp;&nbsp; Cinemark USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 08/01/2032 (A) | 114 | 117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/15/2028 (A) | 270 | 267 |
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings Inc.  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 09/15/2028 (A) | 79 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 04/15/2028 (A) | 715 | 653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 06/01/2029 (A) | 805 | 712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 08/15/2027 (A) | 1473 | 1441 |
| &nbsp;&nbsp;&nbsp; CMG Media  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 06/18/2029 (A) | 3325 | 3059 |
| &nbsp;&nbsp;&nbsp; Connect Finco SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 09/15/2029 (A) | 200 | 191 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Consolidated Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/01/2028 (A) | $909 | $927 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.750%, 01/31/2029 (A) | 6577 | 6166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.250%, 05/15/2028 (A) | 2865 | 2835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 04/01/2028 (A) | 670 | 516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 02/01/2029 (A) | 3703 | 2954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 01/15/2030 (A) | 4365 | 2203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/15/2027 (A) | 515 | 488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/01/2028 (A) | 270 | 246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 11/15/2031 (A) | 1840 | 834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 11/15/2031 (A) | 909 | 615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 12/01/2030 (A) | 97 | 67 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 02/15/2031 (A) | 1337 | 876 |
| &nbsp;&nbsp;&nbsp; Directv Financing LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 02/01/2030 (A) | 4221 | 4158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 08/15/2027 (A) | 495 | 487 |
| &nbsp;&nbsp;&nbsp; DISH DBS  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 07/01/2026  | 2690 | 2313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 12/01/2028 (A) | 3273 | 2770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 12/01/2026 (A) | 3581 | 3305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/01/2029  | 725 | 477 |
| &nbsp;&nbsp;&nbsp; DISH Network  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.750%, 11/15/2027 (A) | 10070 | 10389 |
| &nbsp;&nbsp;&nbsp; EchoStar  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.750%, 11/30/2029  | 7507 | 7544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%cash/0% PIK, 11/30/2030  | 471 | 405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%cash/0% PIK, 11/30/2030  | 796 | 764 |
| &nbsp;&nbsp;&nbsp; Fibercop  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 11/15/2033 (A) | 916 | 884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 09/30/2034 (A) | 1352 | 1266 |
| &nbsp;&nbsp;&nbsp; Fox  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.576%, 01/25/2049  | 850 | 780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.476%, 01/25/2039  | 850 | 814 |
| &nbsp;&nbsp;&nbsp; Frontier Communications Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 05/15/2030 (A) | 316 | 332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 05/01/2029 (A) | 95 | 96 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2030 (A) | 172 | 174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 10/15/2027 (A) | 32 | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/01/2029  | 188 | 190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/01/2028 (A) | 1222 | 1220 |
| &nbsp;&nbsp;&nbsp; GCI LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/2028 (A) | 944 | 888 |
| &nbsp;&nbsp;&nbsp; Gray Media  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 07/15/2029 (A) | 4067 | 4325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 05/15/2027 (A) | 2354 | 2338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 11/15/2031 (A) | 4438 | 3169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/2030 (A) | 7238 | 5239 |
| &nbsp;&nbsp;&nbsp; Hughes Satellite Systems  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 08/01/2026  | 130 | 91 |
| &nbsp;&nbsp;&nbsp; iHeartCommunications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.875%, 05/01/2030  | 1092 | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.125%, 05/01/2029  | 1628 | 1347 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 08/15/2030 (A) | $507 | $390 |
| &nbsp;&nbsp;&nbsp; Iliad Holding SASU  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 04/15/2031 (A) | 1550 | 1636 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 10/15/2028 (A) | 1805 | 1834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 04/15/2032 (A) | 2720 | 2737 |
| &nbsp;&nbsp;&nbsp; Intelsat Jackson Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 03/15/2030 (A) | 2512 | 2470 |
| &nbsp;&nbsp;&nbsp; LCPR Senior Secured Financing DAC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/15/2027 (A) | 2789 | 2021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 07/15/2029 (A) | 880 | 568 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 11/15/2029 (A) | 1982 | 2248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 04/15/2029 (A) | 2384 | 2682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 05/15/2030 (A) | 5290 | 5786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 10/15/2032 (A) | 390 | 392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/15/2029 (A) | 3935 | 3574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/2030 (A) | 1145 | 1007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 10/15/2030 (A) | 1361 | 1147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 07/15/2029 (A) | 365 | 299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 01/15/2029  | 795 | 660 |
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 05/15/2027 (A) | 1798 | 1819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 03/15/2026 (A) | 571 | 572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/2027 (A) | 3234 | 3184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 01/15/2028 (A) | 593 | 569 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 10/15/2032 (A) | 907 | 930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.650%, 03/15/2042  | 1431 | 1179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.600%, 09/15/2039  | 665 | 562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 06/15/2029 (A) | 466 | 413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/15/2029 (A) | 657 | 638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/15/2030 (A) | 2015 | 1957 |
| &nbsp;&nbsp;&nbsp; McGraw-Hill Education  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 08/01/2028 (A) | 3420 | 3378 |
| &nbsp;&nbsp;&nbsp; Midcontinent Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 08/15/2032 (A) | 2967 | 3068 |
| &nbsp;&nbsp;&nbsp; Nexstar Media  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 07/15/2027 (A) | 1228 | 1223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 11/01/2028 (A) | 1930 | 1857 |
| &nbsp;&nbsp;&nbsp; Paramount Global  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 05/15/2033  | 1510 | 1440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 01/15/2031  | 4623 | 4476 |
| &nbsp;&nbsp;&nbsp; Rakuten Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 04/15/2029 (A) | 4755 | 5091 |
| &nbsp;&nbsp;&nbsp; Sable International Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 10/15/2032 (A) | 1425 | 1398 |
| &nbsp;&nbsp;&nbsp; Scripps Escrow  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 07/15/2027 (A) | 1974 | 1674 |
| &nbsp;&nbsp;&nbsp; Scripps Escrow II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 01/15/2029 (A) | 3194 | 2731 |
| &nbsp;&nbsp;&nbsp; Shutterfly Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 10/01/2027 (A) | 134 | 134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%cash/0% PIK, 10/01/2027 (A) | 867 | 763 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Sinclair Television Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 02/15/2033 (A) | $| 3249 | $3251 |
| &nbsp;&nbsp;&nbsp; Sirius XM Radio LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/01/2029 (A) |  | 1256 | 1235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 08/01/2027 (A) |  | 2131 | 2109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 07/01/2030 (A) |  | 2952 | 2682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/15/2028 (A) |  | 2025 | 1922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/01/2031 (A) |  | 3730 | 3262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 09/01/2026 (A) |  | 2172 | 2122 |
| &nbsp;&nbsp;&nbsp; Snap  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 03/01/2033 (A) |  | 1113 | 1127 |
| &nbsp;&nbsp;&nbsp; Spanish Broadcasting System  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 03/01/2026 (A) |  | 4965 | 3530 |
| &nbsp;&nbsp;&nbsp; Stagwell Global LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 08/15/2029 (A) |  | 635 | 597 |
| &nbsp;&nbsp;&nbsp; TEGNA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 03/15/2028  |  | 1796 | 1741 |
| &nbsp;&nbsp;&nbsp; Telenet Finance Luxembourg Notes Sarl  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/01/2028 (A) |  | 3600 | 3501 |
| &nbsp;&nbsp;&nbsp; Telesat Canada  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/15/2027 (A) |  | 684 | 260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 12/06/2026 (A) |  | 1974 | 1170 |
| &nbsp;&nbsp;&nbsp; Time Warner Cable Enterprises LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 07/15/2033  |  | 2805 | 3222 |
| &nbsp;&nbsp;&nbsp; U.S. Cellular  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 12/15/2033  |  | 405 | 436 |
| &nbsp;&nbsp;&nbsp; Univision Communications  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 08/15/2028 (A) |  | 2784 | 2786 |
| &nbsp;&nbsp;&nbsp; Univision Communications Inc  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 06/30/2030 (A) |  | 425 | 397 |
| &nbsp;&nbsp;&nbsp; Urban One  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 02/01/2028 (A) |  | 8135 | 4068 |
| &nbsp;&nbsp;&nbsp; Virgin Media Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/2030 (A) |  | 1216 | 1102 |
| &nbsp;&nbsp;&nbsp; Virgin Media Secured Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 08/15/2030 (A) |  | 757 | 699 |
| &nbsp;&nbsp;&nbsp; Virgin Media Vendor Financing Notes IV DAC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/2028 (A) |  | 4121 | 4016 |
| &nbsp;&nbsp;&nbsp; Vmed O2 UK Financing I  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 01/31/2031 (A) |  | 3505 | 3172 |
| &nbsp;&nbsp;&nbsp; Warnermedia Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.279%, 03/15/2032  |  | 175 | 148 |
| &nbsp;&nbsp;&nbsp; Windstream Services LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 10/01/2031 (A) |  | 3269 | 3402 |
| &nbsp;&nbsp;&nbsp; Zayo Group Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 03/01/2028 (A)(B) |  | 3175 | 2738 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/01/2027 (A)(B) |  | 9511 | 8947 |
|  |  |  | 279334 |
| **Consumer Discretionary — 12.0%** | **Consumer Discretionary — 12.0%** | **Consumer Discretionary — 12.0%** |  |
| &nbsp;&nbsp;&nbsp; 1011778 BC ULC / New Red Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 09/15/2029 (A) |  | 2620 | 2635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 01/15/2028 (A) |  | 1480 | 1443 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Academy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 11/15/2027 (A) | $1770 | $1774 |
| &nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd.  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 04/15/2031 (A) | 780 | 796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 02/15/2033 (A) | 273 | 271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 04/15/2028 (A) | 74 | 76 |
| &nbsp;&nbsp;&nbsp; ADT Security  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/01/2029 (A) | 585 | 558 |
| &nbsp;&nbsp;&nbsp; Amer Sports  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/16/2031 (A) | 2108 | 2192 |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 07/01/2028  | 477 | 473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 04/01/2027  | 563 | 560 |
| &nbsp;&nbsp;&nbsp; American Builders & Contractors Supply  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 01/15/2028 (A) | 1965 | 1897 |
| &nbsp;&nbsp;&nbsp; Aramark Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/01/2028 (A) | 553 | 547 |
| &nbsp;&nbsp;&nbsp; Asbury Automotive Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/01/2030  | 232 | 220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/15/2029 (A) | 1033 | 982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/01/2028  | 2431 | 2369 |
| &nbsp;&nbsp;&nbsp; Ashton Woods USA LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 01/15/2028 (A) | 2261 | 2270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 04/01/2030 (A) | 932 | 874 |
| &nbsp;&nbsp;&nbsp; Aston Martin Capital Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 03/31/2029 (A) | 3607 | 3380 |
| &nbsp;&nbsp;&nbsp; Aventine (Escrow Security)  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/15/2049 (C)(D)(E) | 2600 |  |
| &nbsp;&nbsp;&nbsp; Avianca Midco 2  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 02/14/2030 (A) | 1930 | 1722 |
| &nbsp;&nbsp;&nbsp; Bath & Body Works  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.600%, 07/15/2037  | 1280 | 1297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 06/15/2029  | 542 | 556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/01/2035  | 1304 | 1313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 07/01/2036  | 3280 | 3248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 10/01/2030 (A) | 2003 | 2046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 02/01/2028  | 291 | 291 |
| &nbsp;&nbsp;&nbsp; Boyne USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2029 (A) | 1315 | 1264 |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 02/15/2030 (A) | 3585 | 3679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 02/15/2032 (A) | 411 | 414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/15/2032 (A) | 2289 | 2196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 10/15/2029 (A) | 368 | 343 |
| &nbsp;&nbsp;&nbsp; Carnival  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 08/15/2029 (A) | 148 | 155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 02/15/2033 (A) | 3206 | 3214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/01/2029 (A) | 4022 | 4033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/01/2027 (A) | 875 | 877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 08/01/2028 (A) | 413 | 399 |
| &nbsp;&nbsp;&nbsp; Carvana, Strike Price Fixed  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%cash/0% PIK, 06/01/2031 (A) | 6368 | 7386 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; CD&R Smokey Buyer  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 10/15/2029 (A) | $382 | $317 |
| &nbsp;&nbsp;&nbsp; Churchill Downs  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/15/2028 (A) | 2212 | 2162 |
| &nbsp;&nbsp;&nbsp; Clarios Global  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 05/15/2027 (A) | 776 | 779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 05/15/2028 (A) | 356 | 363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/15/2030 (A) | 2324 | 2367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 05/15/2026 (A) | 300 | 300 |
| &nbsp;&nbsp;&nbsp; Cooper-Standard Automotive  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.500%cash/0% PIK, 03/31/2027 (A) | 2708 | 2840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%cash/0% PIK, 05/15/2027 (A) | 1583 | 1339 |
| &nbsp;&nbsp;&nbsp; Cougar JV Subsidiary LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 05/15/2032 (A) | 3382 | 3552 |
| &nbsp;&nbsp;&nbsp; Dornoch Debt Merger Sub  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 10/15/2029 (A) | 619 | 476 |
| &nbsp;&nbsp;&nbsp; eG Global Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.000%, 11/30/2028 (A) | 3865 | 4262 |
| &nbsp;&nbsp;&nbsp; Empire Resorts  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 11/01/2026 (A) | 2235 | 2202 |
| &nbsp;&nbsp;&nbsp; Fertitta Entertainment LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 01/15/2030 (A) | 1341 | 1218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 01/15/2029 (A) | 2406 | 2256 |
| &nbsp;&nbsp;&nbsp; Flutter Treasury DAC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/04/2031 (A) | 1400 | 1407 |
| &nbsp;&nbsp;&nbsp; Fontainebleau Las Vegas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 06/15/2015 (A)(C)(E) | 3481 |  |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.200%, 06/10/2030  | 200 | 208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.122%, 11/07/2033  | 4199 | 4266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.950%, 03/06/2026  | 200 | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.950%, 06/10/2026  | 223 | 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/16/2025  | 690 | 690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.687%, 06/09/2025  | 1245 | 1245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.542%, 08/01/2026  | 1481 | 1460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.134%, 08/04/2025  | 700 | 698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 11/13/2025  | 207 | 205 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit LLC MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.389%, 01/08/2026  | 650 | 645 |
| &nbsp;&nbsp;&nbsp; Gap  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 10/01/2029 (A) | 2382 | 2175 |
| &nbsp;&nbsp;&nbsp; Genting New York LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 10/01/2029 (A) | 1360 | 1375 |
| &nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 07/15/2030  | 122 | 122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 04/30/2031  | 211 | 197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/15/2031  | 717 | 669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/2029  | 475 | 455 |
| &nbsp;&nbsp;&nbsp; GrubHub Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/01/2027 (A)(B) | 5270 | 4862 |
| &nbsp;&nbsp;&nbsp; Hilton Domestic Operating  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 04/01/2032 (A) | 564 | 573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 04/01/2029 (A) | 136 | 137 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 03/15/2033 (A) | $2904 | $2924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/01/2028 (A) | 361 | 361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 01/15/2030  | 140 | 137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/01/2031 (A) | 4020 | 3717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 05/01/2029 (A) | 3391 | 3204 |
| &nbsp;&nbsp;&nbsp; IHO Verwaltungs GmbH  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/15/2032 (A) | 200 | 200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%cash/0% PIK, 11/15/2030 (A) | 200 | 202 |
| &nbsp;&nbsp;&nbsp; International Game Technology  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2029 (A) | 3852 | 3789 |
| &nbsp;&nbsp;&nbsp; Jacobs Entertainment  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/15/2029 (A) | 3270 | 3097 |
| &nbsp;&nbsp;&nbsp; Latam Airlines Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 04/15/2030 (A) | 3500 | 3514 |
| &nbsp;&nbsp;&nbsp; LBM Acquisition LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 01/15/2029 (A) | 1662 | 1335 |
| &nbsp;&nbsp;&nbsp; LCM Investments Holdings II LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 08/01/2031 (A) | 2595 | 2751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 05/01/2029 (A) | 2835 | 2731 |
| &nbsp;&nbsp;&nbsp; LGI Homes  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 12/15/2028 (A) | 2545 | 2619 |
| &nbsp;&nbsp;&nbsp; Liberty Interactive LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 07/15/2029  | 820 | 135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 02/01/2030  | 4690 | 774 |
| &nbsp;&nbsp;&nbsp; Melco Resorts Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 12/04/2029 (A) | 1665 | 1526 |
| &nbsp;&nbsp;&nbsp; MGM Resorts International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 04/15/2032  | 1027 | 1025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 09/15/2029  | 1737 | 1745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/2028  | 2195 | 2147 |
| &nbsp;&nbsp;&nbsp; NCL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/01/2032 (A) | 3055 | 3056 |
| &nbsp;&nbsp;&nbsp; NESCO Holdings II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/15/2029 (A) | 372 | 350 |
| &nbsp;&nbsp;&nbsp; Newell Brands  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 06/01/2028 (A) | 230 | 238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 04/01/2036  | 105 | 97 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 09/15/2029  | 232 | 224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 05/15/2032  | 72 | 66 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 09/15/2027  | 172 | 172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 05/15/2030  | 232 | 218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 04/01/2026  | 648 | 653 |
| &nbsp;&nbsp;&nbsp; OneSky Flight LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 12/15/2029 (A) | 3310 | 3337 |
| &nbsp;&nbsp;&nbsp; Ontario Gaming GTA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 08/01/2030 (A) | 1109 | 1096 |
| &nbsp;&nbsp;&nbsp; Papa John's International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/15/2029 (A) | 872 | 810 |
| &nbsp;&nbsp;&nbsp; PetSmart  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 02/15/2029 (A) | 250 | 243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2028 (A) | 2506 | 2419 |
| &nbsp;&nbsp;&nbsp; PM General Purchaser LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 10/01/2028 (A) | 528 | 339 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; QVC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 04/15/2029 (A) | $1693 | $753 |
| &nbsp;&nbsp;&nbsp; QXO Building Products  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 04/30/2032 (A) | 3956 | 4056 |
| &nbsp;&nbsp;&nbsp; RB Global Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 03/15/2031 (A) | 650 | 680 |
| &nbsp;&nbsp;&nbsp; Resorts World Las Vegas LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 04/16/2029 (A) | 715 | 627 |
| &nbsp;&nbsp;&nbsp; Resorts World Las Vegas LLC / RWLV Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 04/06/2031 (A) | 995 | 804 |
| &nbsp;&nbsp;&nbsp; Rite Aid  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15.000%, 08/30/2031 (B)(C)(E) | 2037 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.317%, TSFR3M + 7.000%, 08/30/2031 (A)(B)(C)(E)(F) | 478 | 214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 10/18/2024 (A)(C)(E) | 1286 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/15/2026 (A)(C)(E) | 3328 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 07/01/2025 (A)(C)(E) | 1259 |  |
| &nbsp;&nbsp;&nbsp; Rivers Enterprise Borrower LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 02/01/2033 (A) | 1740 | 1717 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 03/15/2032 (A) | 575 | 583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 02/01/2033 (A) | 7419 | 7446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 09/30/2031 (A) | 1514 | 1496 |
| &nbsp;&nbsp;&nbsp; Sabre GLBL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.750%, 11/15/2029 (A) | 5961 | 6080 |
| &nbsp;&nbsp;&nbsp; Saks Global Enterprises LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 12/15/2029 (A) | 5193 | 2324 |
| &nbsp;&nbsp;&nbsp; Service International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 10/15/2032  | 1460 | 1451 |
| &nbsp;&nbsp;&nbsp; Shea Homes  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 04/01/2029  | 1323 | 1268 |
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 05/15/2031 (A) | 5153 | 5265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 07/01/2025 (A) | 74 | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 05/01/2032 (A) | 2360 | 2406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 04/15/2027  | 115 | 115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/15/2029  | 354 | 344 |
| &nbsp;&nbsp;&nbsp; Somnigroup International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/15/2029 (A) | 915 | 862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 10/15/2031 (A) | 334 | 297 |
| &nbsp;&nbsp;&nbsp; Sonic Automotive  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 11/15/2031 (A) | 247 | 230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/15/2029 (A) | 570 | 545 |
| &nbsp;&nbsp;&nbsp; Specialty Building Products Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 10/15/2029 (A) | 2507 | 2402 |
| &nbsp;&nbsp;&nbsp; Spirit Loyalty Cayman  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%cash/0% PIK, 03/06/2030 (A) | 2473 | 1916 |
| &nbsp;&nbsp;&nbsp; Staples  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.750%, 01/15/2030 (A) | 830 | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.750%, 09/01/2029 (A) | 2503 | 2266 |
| &nbsp;&nbsp;&nbsp; Station Casinos LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 03/15/2032 (A) | 2588 | 2592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/01/2031 (A) | 334 | 306 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/15/2028 (A) | $| 2015 | $1954 |
| &nbsp;&nbsp;&nbsp; StoneMor  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 05/15/2029 (A) |  | 2165 | 1996 |
| &nbsp;&nbsp;&nbsp; Studio City Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2029 (A) |  | 2730 | 2467 |
| &nbsp;&nbsp;&nbsp; Superior Plus  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/15/2029 (A) |  | 368 | 350 |
| &nbsp;&nbsp;&nbsp; Vail Resorts  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 05/15/2032 (A) |  | 230 | 236 |
| &nbsp;&nbsp;&nbsp; Victoria's Secret  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 07/15/2029 (A) |  | 4588 | 4181 |
| &nbsp;&nbsp;&nbsp; Viking Cruises  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 02/15/2029 (A) |  | 800 | 805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 09/15/2027 (A) |  | 656 | 656 |
| &nbsp;&nbsp;&nbsp; Viking Ocean Cruises Ship VII  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 02/15/2029 (A) |  | 1900 | 1878 |
| &nbsp;&nbsp;&nbsp; VistaJet Malta Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 06/01/2028 (A) |  | 262 | 258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 02/01/2030 (A) |  | 3196 | 2870 |
| &nbsp;&nbsp;&nbsp; Voyager Parent LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 07/01/2032 (A) |  | 2625 | 2712 |
| &nbsp;&nbsp;&nbsp; Wand NewCo 3  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 01/30/2032 (A) |  | 1773 | 1844 |
| &nbsp;&nbsp;&nbsp; Wayfair LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 09/15/2030 (A) |  | 344 | 337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 10/31/2029 (A) |  | 136 | 133 |
| &nbsp;&nbsp;&nbsp; Wolverine World Wide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 08/15/2029 (A) |  | 1069 | 936 |
| &nbsp;&nbsp;&nbsp; Wynn Las Vegas LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2027 (A) |  | 1954 | 1945 |
| &nbsp;&nbsp;&nbsp; Wynn Macau  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 08/26/2028 (A) |  | 200 | 193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 12/15/2029 (A) |  | 2185 | 2045 |
| &nbsp;&nbsp;&nbsp; Wynn Resorts Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 02/15/2031 (A) |  | 1982 | 2079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 03/15/2033 (A) |  | 586 | 580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 10/01/2029 (A) |  | 751 | 732 |
| &nbsp;&nbsp;&nbsp; Yum! Brands  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/15/2037  |  | 1840 | 1950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 04/01/2032  |  | 2736 | 2704 |
|  |  |  | 240764 |
| **Consumer Staples — 3.0%** | **Consumer Staples — 3.0%** | **Consumer Staples — 3.0%** |  |
| &nbsp;&nbsp;&nbsp; 1261229 BC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 04/15/2032 (A) |  | 10770 | 10663 |
| &nbsp;&nbsp;&nbsp; Albertsons Cos  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 03/15/2033 (A) |  | 312 | 317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 02/15/2028 (A) |  | 536 | 536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 02/15/2030 (A) |  | 1865 | 1814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 01/15/2027 (A) |  | 879 | 870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 03/15/2029 (A) |  | 693 | 651 |
| &nbsp;&nbsp;&nbsp; Albion Financing 1 SARL  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 05/21/2030 (A) |  | 1414 | 1434 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 02/01/2028  | $1150 | $1150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 10/15/2030  | 262 | 242 |
| &nbsp;&nbsp;&nbsp; Chobani Holdco II LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%cash/0% PIK, 10/01/2029 (A) | 604 | 642 |
| &nbsp;&nbsp;&nbsp; Edgewell Personal Care  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 06/01/2028 (A) | 645 | 634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/01/2029 (A) | 307 | 287 |
| &nbsp;&nbsp;&nbsp; Energizer Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/31/2027 (A) | 172 | 173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 06/15/2028 (A) | 1001 | 965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/31/2029 (A) | 692 | 650 |
| &nbsp;&nbsp;&nbsp; EquipmentShare.com  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 03/15/2033 (A) | 169 | 174 |
| &nbsp;&nbsp;&nbsp; HAH Group Holding LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 10/01/2031 (A) | 1407 | 1401 |
| &nbsp;&nbsp;&nbsp; HLF Financing Sarl LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.250%, 04/15/2029 (A) | 3778 | 4087 |
| &nbsp;&nbsp;&nbsp; HRB Winddown  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 03/15/2025 (A)(E) | 800 |  |
| &nbsp;&nbsp;&nbsp; Lamb Weston Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 01/31/2030 (A) | 1925 | 1815 |
| &nbsp;&nbsp;&nbsp; New Albertsons  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.700%, 05/01/2030  | 1149 | 1262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 05/01/2031  | 995 | 1047 |
| &nbsp;&nbsp;&nbsp; Opal Bidco SAS  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 03/31/2032 (A) | 1185 | 1184 |
| &nbsp;&nbsp;&nbsp; Performance Food Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 09/15/2032 (A) | 2359 | 2378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 10/15/2027 (A) | 1164 | 1159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 08/01/2029 (A) | 1945 | 1854 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 05/15/2034  | 1165 | 1255 |
| &nbsp;&nbsp;&nbsp; Post Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 03/01/2033 (A) | 3481 | 3455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 02/15/2032 (A) | 229 | 233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/15/2034 (A) | 1091 | 1078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 12/15/2029 (A) | 425 | 420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 04/15/2030 (A) | 259 | 245 |
| &nbsp;&nbsp;&nbsp; Primo Water Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 04/01/2029 (A) | 2463 | 2466 |
| &nbsp;&nbsp;&nbsp; Raven Acquisition Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/15/2031 (A) | 3243 | 3228 |
| &nbsp;&nbsp;&nbsp; Sigma Holdco BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 05/15/2026 (A) | 2696 | 2680 |
| &nbsp;&nbsp;&nbsp; Simmons Foods  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 03/01/2029 (A) | 3645 | 3396 |
| &nbsp;&nbsp;&nbsp; Tyson Foods  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 09/28/2048  | 1447 | 1266 |
| &nbsp;&nbsp;&nbsp; US Foods  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 09/15/2028 (A) | 133 | 137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2029 (A) | 50 | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 06/01/2030 (A) | 470 | 452 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Walgreens Boots Alliance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 11/18/2044  | $| 932 | $861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 04/15/2050  |  | 1389 | 1180 |
|  |  |  | 59790 |
| **Energy — 10.0%** | **Energy — 10.0%** | **Energy — 10.0%** |  |
| &nbsp;&nbsp;&nbsp; Aethon United BR  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 10/01/2029 (A) |  | 6770 | 6938 |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/01/2027 (A) |  | 345 | 345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 01/15/2028 (A) |  | 382 | 380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 06/15/2029 (A) |  | 2630 | 2603 |
| &nbsp;&nbsp;&nbsp; Archrock Partners  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 04/01/2027 (A) |  | 158 | 158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 09/01/2032 (A) |  | 1184 | 1190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 04/01/2028 (A) |  | 1480 | 1478 |
| &nbsp;&nbsp;&nbsp; Ascent Resources Utica Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 12/31/2028 (A) |  | 3970 | 4030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 10/15/2032 (A) |  | 1201 | 1208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/30/2029 (A) |  | 566 | 564 |
| &nbsp;&nbsp;&nbsp; Baytex Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 04/30/2030 (A) |  | 600 | 581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 03/15/2032 (A) |  | 2098 | 1905 |
| &nbsp;&nbsp;&nbsp; Blue Racer Midstream LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 07/15/2032 (A) |  | 940 | 975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 07/15/2029 (A) |  | 996 | 1029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 07/15/2026 (A) |  | 180 | 180 |
| &nbsp;&nbsp;&nbsp; Buckeye Partners  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 07/01/2029 (A) |  | 120 | 123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/01/2030 (A) |  | 177 | 183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/01/2028 (A) |  | 670 | 655 |
| &nbsp;&nbsp;&nbsp; California Resources  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 02/01/2026 (A) |  | 117 | 117 |
| &nbsp;&nbsp;&nbsp; Cheniere Energy Partners  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/01/2031  |  | 741 | 694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 01/31/2032  |  | 497 | 436 |
| &nbsp;&nbsp;&nbsp; Chord Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/15/2033 (A) |  | 2975 | 2954 |
| &nbsp;&nbsp;&nbsp; CITGO Petroleum  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 01/15/2029 (A) |  | 2270 | 2307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 06/15/2026 (A) |  | 1685 | 1684 |
| &nbsp;&nbsp;&nbsp; Civitas Resources  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 06/15/2033 (A) |  | 757 | 758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 07/01/2031 (A) |  | 370 | 362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 11/01/2030 (A) |  | 3244 | 3199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 07/01/2028 (A) |  | 685 | 690 |
| &nbsp;&nbsp;&nbsp; Comstock Resources  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/01/2029 (A) |  | 6050 | 5963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 01/15/2030 (A) |  | 374 | 354 |
| &nbsp;&nbsp;&nbsp; Crescent Energy Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 02/15/2028 (A) |  | 759 | 784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 04/01/2032 (A) |  | 446 | 420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 01/15/2033 (A) |  | 260 | 241 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Diamond Foreign Asset  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 10/01/2030 (A) | $360 | $361 |
| &nbsp;&nbsp;&nbsp; DT Midstream  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 06/15/2031 (A) | 220 | 205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 06/15/2029 (A) | 488 | 465 |
| &nbsp;&nbsp;&nbsp; Enbridge  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, H15T5Y + 3.785%, 01/15/2084 (F) | 5205 | 5456 |
| &nbsp;&nbsp;&nbsp; Encino Acquisition Partners Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 05/01/2031 (A) | 3378 | 3689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 05/01/2028 (A) | 806 | 827 |
| &nbsp;&nbsp;&nbsp; Energy Transfer  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, H15T5Y + 4.020%, 05/15/2054 (F) | 2728 | 2860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, US0003M + 4.155%(F)(G) | 1294 | 1274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 06/01/2027  | 2863 | 2902 |
| &nbsp;&nbsp;&nbsp; Equities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 06/01/2027 (A) | 195 | 199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 06/01/2030 (A) | 232 | 252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/15/2031  | 392 | 379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 01/15/2029 (A) | 944 | 922 |
| &nbsp;&nbsp;&nbsp; Excelerate Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 05/15/2030 (A) | 2655 | 2749 |
| &nbsp;&nbsp;&nbsp; Expand Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 10/01/2026 (B)(C)(E) | 4075 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 10/01/2024 (B)(C)(E) | 1790 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 04/15/2029 (A) | 1184 | 1198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/15/2026 (E) | 180 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/01/2029  | 69 | 69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 03/15/2030  | 505 | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/01/2032  | 444 | 418 |
| &nbsp;&nbsp;&nbsp; Genesis Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 04/15/2030  | 3376 | 3545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 01/15/2029  | 72 | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 05/15/2032  | 863 | 874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 02/01/2028  | 453 | 457 |
| &nbsp;&nbsp;&nbsp; Greenfire Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.000%, 10/01/2028 (A) | 1498 | 1585 |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Operating  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 09/01/2029 (A) | 2167 | 2198 |
| &nbsp;&nbsp;&nbsp; Harvest Midstream I  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 09/01/2028 (A) | 480 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 05/15/2032 (A) | 252 | 259 |
| &nbsp;&nbsp;&nbsp; Hess Midstream Operations  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 06/01/2029 (A) | 235 | 240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 03/01/2028 (A) | 97 | 98 |
| &nbsp;&nbsp;&nbsp; Hilcorp Energy I  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 02/15/2035 (A) | 2939 | 2723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 05/15/2034 (A) | 5 | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 04/15/2032 (A) | 638 | 581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 04/15/2030 (A) | 221 | 210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 02/01/2031 (A) | 2101 | 1929 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Howard Midstream Energy Partners LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 07/15/2028 (A) | $386 | $403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 07/15/2032 (A) | 2772 | 2869 |
| &nbsp;&nbsp;&nbsp; Ithaca Energy North Sea  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 10/15/2029 (A) | 2580 | 2587 |
| &nbsp;&nbsp;&nbsp; ITT Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 08/01/2029 (A) | 3222 | 3008 |
| &nbsp;&nbsp;&nbsp; Kodiak Gas Services LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 02/15/2029 (A) | 875 | 897 |
| &nbsp;&nbsp;&nbsp; Long Ridge Energy LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 02/15/2032 (A) | 1760 | 1774 |
| &nbsp;&nbsp;&nbsp; Matador Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 04/15/2032 (A) | 286 | 280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 04/15/2033 (A) | 340 | 328 |
| &nbsp;&nbsp;&nbsp; Moss Creek Resources Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 09/01/2031 (A) | 3839 | 3702 |
| &nbsp;&nbsp;&nbsp; Nabors Industries  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.125%, 01/31/2030 (A) | 1316 | 1199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 08/15/2031 (A) | 1550 | 1061 |
| &nbsp;&nbsp;&nbsp; New Fortress Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 03/15/2029 (A) | 3120 | 968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 09/30/2026 (A) | 1422 | 851 |
| &nbsp;&nbsp;&nbsp; NFE Financing LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.000%, 11/15/2029 (A) | 2200 | 944 |
| &nbsp;&nbsp;&nbsp; NGL Energy Operating LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 02/15/2032 (A) | 284 | 268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 02/15/2029 (A) | 4409 | 4310 |
| &nbsp;&nbsp;&nbsp; Noble Finance II LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 04/15/2030 (A) | 226 | 225 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 06/15/2031 (A) | 2738 | 2760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 03/01/2028 (A) | 779 | 782 |
| &nbsp;&nbsp;&nbsp; NuStar Logistics  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 10/01/2030  | 242 | 247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/01/2026  | 555 | 558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 04/28/2027  | 989 | 991 |
| &nbsp;&nbsp;&nbsp; ONEOK  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 04/01/2044  | 3522 | 3143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 06/01/2047  | 3173 | 2722 |
| &nbsp;&nbsp;&nbsp; PBF Holding LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.875%, 03/15/2030 (A) | 1465 | 1401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 09/15/2030 (A) | 2890 | 2512 |
| &nbsp;&nbsp;&nbsp; Permian Resources Operating LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.875%, 07/15/2031 (A) | 481 | 525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 04/15/2027 (A) | 228 | 232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 01/15/2032 (A) | 2679 | 2748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 02/01/2033 (A) | 254 | 251 |
| &nbsp;&nbsp;&nbsp; Prairie Acquiror  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 08/01/2029 (A) | 142 | 144 |
| &nbsp;&nbsp;&nbsp; Range Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 01/15/2029  | 584 | 600 |
| &nbsp;&nbsp;&nbsp; Rockies Express Pipeline LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/15/2033 (A) | 2355 | 2426 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 05/15/2030 (A) | $2117 | $1999 |
| &nbsp;&nbsp;&nbsp; Seventy Seven Operating LLC (Escrow Security)  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 01/15/2020 (C)(E) | 2787 |  |
| &nbsp;&nbsp;&nbsp; Shelf Drilling Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 04/15/2029 (A) | 1635 | 1222 |
| &nbsp;&nbsp;&nbsp; Sitio Royalties Operating Partnership  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 11/01/2028 (A) | 1591 | 1641 |
| &nbsp;&nbsp;&nbsp; SM Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 08/01/2032 (A) | 2474 | 2375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 09/15/2026  | 230 | 230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 08/01/2029 (A) | 814 | 798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 01/15/2027  | 365 | 365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 07/15/2028  | 315 | 313 |
| &nbsp;&nbsp;&nbsp; South Bow Canadian Infrastructure Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, H15T5Y + 3.667%, 03/01/2055 (A)(F) | 2545 | 2538 |
| &nbsp;&nbsp;&nbsp; Summit Midstream Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 10/31/2029 (A) | 1440 | 1443 |
| &nbsp;&nbsp;&nbsp; Sunoco  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 05/01/2032 (A) | 1390 | 1445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 05/01/2029 (A) | 2690 | 2776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 07/01/2033 (A) | 1503 | 1503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/15/2029  | 487 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/30/2030  | 611 | 577 |
| &nbsp;&nbsp;&nbsp; Tallgrass Energy Partners  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 02/15/2029 (A) | 244 | 248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 03/01/2027 (A) | 490 | 489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 12/31/2030 (A) | 3847 | 3686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 09/01/2031 (A) | 910 | 867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/2028 (A) | 2496 | 2481 |
| &nbsp;&nbsp;&nbsp; Tenneco  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/17/2028 (A) | 1812 | 1784 |
| &nbsp;&nbsp;&nbsp; TerraForm Power Operating LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/31/2028 (A) | 2992 | 2909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/15/2030 (A) | 225 | 212 |
| &nbsp;&nbsp;&nbsp; TGNR Intermediate Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 10/15/2029 (A) | 3252 | 3071 |
| &nbsp;&nbsp;&nbsp; TransMontaigne Partners LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 06/15/2030 (A) | 1755 | 1792 |
| &nbsp;&nbsp;&nbsp; Transocean  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 02/15/2030 (A) | 1016 | 1030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 05/15/2031 (A) | 1745 | 1500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 05/15/2029 (A) | 1396 | 1259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.800%, 03/15/2038  | 4479 | 3052 |
| &nbsp;&nbsp;&nbsp; Transocean Titan Financing  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 02/01/2028 (A) | 90 | 92 |
| &nbsp;&nbsp;&nbsp; Venture Global Calcasieu Pass LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/15/2031 (A) | 1230 | 1113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 11/01/2033 (A) | 2920 | 2494 |
| &nbsp;&nbsp;&nbsp; Venture Global LNG  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.875%, 02/01/2032 (A) | 295 | 314 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 02/01/2029 (A) | $| 155 | $166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, H15T5Y + 5.440%(A)(F)(G) |  | 7145 | 6739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 06/01/2031 (A) |  | 1209 | 1227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 06/01/2028 (A) |  | 491 | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 01/15/2030 (A) |  | 2963 | 2950 |
| &nbsp;&nbsp;&nbsp; Vital Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 04/15/2032 (A) |  | 999 | 810 |
| &nbsp;&nbsp;&nbsp; Weatherford International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 04/30/2030 (A) |  | 2668 | 2710 |
| &nbsp;&nbsp;&nbsp; Western Midstream Operating  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 02/01/2050  |  | 3988 | 3237 |
|  |  |  | 199629 |
| **Financials — 8.2%** | **Financials — 8.2%** | **Financials — 8.2%** |  |
| &nbsp;&nbsp;&nbsp; Acrisure LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 02/01/2029 (A) |  | 4087 | 4227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 11/06/2030 (A) |  | 1481 | 1528 |
| &nbsp;&nbsp;&nbsp; AG Issuer LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 03/01/2028 (A) |  | 1910 | 1910 |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 10/01/2032 (A) |  | 455 | 468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 01/15/2031 (A) |  | 6056 | 6194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/15/2027 (A) |  | 2212 | 2150 |
| &nbsp;&nbsp;&nbsp; AmWINS Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 02/15/2029 (A) |  | 1657 | 1680 |
| &nbsp;&nbsp;&nbsp; APH Somerset Investor 2 LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 11/01/2029 (A) |  | 5104 | 5050 |
| &nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 06/15/2029 (A) |  | 2770 | 2587 |
| &nbsp;&nbsp;&nbsp; Apollo Debt Solutions BDC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.900%, 04/13/2029  |  | 1505 | 1560 |
| &nbsp;&nbsp;&nbsp; Ardonagh Finco  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 02/15/2031 (A) |  | 1000 | 1034 |
| &nbsp;&nbsp;&nbsp; Ardonagh Group Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 02/15/2032 (A) |  | 870 | 899 |
| &nbsp;&nbsp;&nbsp; Aretec Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 08/15/2030 (A) |  | 4492 | 4895 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 02/15/2055  |  | 1819 | 1686 |
| &nbsp;&nbsp;&nbsp; Blackstone Mortgage Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 12/01/2029 (A) |  | 3305 | 3479 |
| &nbsp;&nbsp;&nbsp; Block  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 05/15/2032  |  | 2092 | 2138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 06/01/2026  |  | 160 | 156 |
| &nbsp;&nbsp;&nbsp; Bread Financial Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, H15T5Y + 4.300%, 06/15/2035 (A)(F) |  | 2815 | 2733 |
| &nbsp;&nbsp;&nbsp; Brookfield Property  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/15/2026 (A) |  | 52 | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/2027 (A) |  | 5112 | 4965 |
| &nbsp;&nbsp;&nbsp; Citigroup  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, H15T5Y + 3.417%(F)(G) |  | 1718 | 1683 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; CPI CG  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 07/15/2029 (A) | $1815 | $1915 |
| &nbsp;&nbsp;&nbsp; Encore Capital Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 04/01/2029 (A) | 2545 | 2714 |
| &nbsp;&nbsp;&nbsp; Finance of America Funding LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 11/30/2026 (A) | 3203 | 2906 |
| &nbsp;&nbsp;&nbsp; FirstCash  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 03/01/2032 (A) | 930 | 953 |
| &nbsp;&nbsp;&nbsp; Focus Financial Partners LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 09/15/2031 (A) | 1165 | 1179 |
| &nbsp;&nbsp;&nbsp; Freedom Mortgage  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.000%, 10/01/2028 (A)(B) | 2272 | 2437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 05/01/2026 (A) | 941 | 939 |
| &nbsp;&nbsp;&nbsp; Freedom Mortgage Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 02/01/2029 (A)(B) | 2775 | 2861 |
| &nbsp;&nbsp;&nbsp; Genworth Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 06/15/2034  | 3835 | 3672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 11/15/2066 (F) | 410 | 339 |
| &nbsp;&nbsp;&nbsp; Global Atlantic Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.950%, 06/15/2033 (A) | 1999 | 2229 |
| &nbsp;&nbsp;&nbsp; Howden UK Refinance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 02/15/2032 (A) | 435 | 446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 02/15/2031 (A) | 1638 | 1682 |
| &nbsp;&nbsp;&nbsp; HUB International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 01/31/2032 (A) | 1195 | 1247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 06/15/2030 (A) | 1957 | 2038 |
| &nbsp;&nbsp;&nbsp; Incora Intermediate II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/31/2033 (A)(C) | 280 | 224 |
| &nbsp;&nbsp;&nbsp; Intesa Sanpaolo  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, H15T1Y + 2.750%, 06/01/2042 (A)(F) | 3020 | 2380 |
| &nbsp;&nbsp;&nbsp; Jane Street Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 04/30/2031 (A) | 1393 | 1455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 11/01/2032 (A) | 2262 | 2266 |
| &nbsp;&nbsp;&nbsp; Jefferies Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 10/15/2031 (A) | 1705 | 1688 |
| &nbsp;&nbsp;&nbsp; Ladder Capital Finance Holdings LLLP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 07/15/2031 (A) | 1638 | 1699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 06/15/2029 (A) | 5015 | 4858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 02/01/2027 (A) | 2145 | 2098 |
| &nbsp;&nbsp;&nbsp; LD Holdings Group LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 04/01/2028 (A) | 2895 | 2365 |
| &nbsp;&nbsp;&nbsp; LPL Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/15/2027 (A) | 1445 | 1434 |
| &nbsp;&nbsp;&nbsp; Midcap Financial Issuer Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 05/01/2028 (A) | 4283 | 4164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 01/15/2030 (A) | 2198 | 1983 |
| &nbsp;&nbsp;&nbsp; Nationstar Mortgage Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 02/01/2032 (A) | 230 | 239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 08/01/2029 (A) | 60 | 61 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2027 (A) | 228 | 228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/15/2028 (A) | 3293 | 3286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 12/15/2030 (A) | 325 | 324 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Navient MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 08/01/2033  | $| 2835 | $2494 |
| &nbsp;&nbsp;&nbsp; OneMain Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 01/15/2029  |  | 652 | 683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 03/15/2030  |  | 2675 | 2795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 05/15/2031  |  | 2852 | 2931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 03/15/2026  |  | 32 | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 11/15/2031  |  | 545 | 555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 09/15/2032  |  | 1018 | 1024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 01/15/2028  |  | 480 | 489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 11/15/2029  |  | 3697 | 3582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/15/2030  |  | 888 | 799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 01/15/2027  |  | 2321 | 2249 |
| &nbsp;&nbsp;&nbsp; Osaic Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.750%, 08/01/2027 (A) |  | 5150 | 5180 |
| &nbsp;&nbsp;&nbsp; Panther Escrow Issuer LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 06/01/2031 (A) |  | 2102 | 2175 |
| &nbsp;&nbsp;&nbsp; PennyMac Financial Services  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 09/15/2031 (A) |  | 5544 | 5339 |
| &nbsp;&nbsp;&nbsp; PHH Escrow Issuer LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.875%, 11/01/2029 (A) |  | 1410 | 1385 |
| &nbsp;&nbsp;&nbsp; PRA Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 01/31/2030 (A) |  | 2650 | 2716 |
| &nbsp;&nbsp;&nbsp; Rfna  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 02/15/2030 (A) |  | 4220 | 4231 |
| &nbsp;&nbsp;&nbsp; Rithm Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 04/01/2029 (A) |  | 2626 | 2633 |
| &nbsp;&nbsp;&nbsp; Rocket Mortgage LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 03/01/2029 (A) |  | 1520 | 1418 |
| &nbsp;&nbsp;&nbsp; Ryan Specialty LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 08/01/2032 (A) |  | 767 | 762 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 08/15/2032 (A) |  | 829 | 846 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 04/01/2029 (A) |  | 3717 | 3864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 07/01/2030 (A) |  | 1000 | 1014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/15/2030 (A) |  | 250 | 253 |
| &nbsp;&nbsp;&nbsp; UniCredit  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.861%, USISDA05 + 3.703%, 06/19/2032 (A)(F) |  | 1435 | 1439 |
| &nbsp;&nbsp;&nbsp; United Wholesale Mortgage LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 11/15/2025 (A) |  | 533 | 532 |
| &nbsp;&nbsp;&nbsp; VFH Parent LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 06/15/2031 (A) |  | 2234 | 2329 |
| &nbsp;&nbsp;&nbsp; Walker & Dunlop  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 04/01/2033 (A) |  | 1510 | 1529 |
|  |  |  | 164661 |
| **Health Care — 6.0%** | **Health Care — 6.0%** | **Health Care — 6.0%** |  |
| &nbsp;&nbsp;&nbsp; Acadia Healthcare  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 03/15/2033 (A) |  | 1750 | 1783 |
| &nbsp;&nbsp;&nbsp; AHP Health Partners  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 07/15/2029 (A) |  | 376 | 360 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Akumin  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%cash/0% PIK, 08/01/2027 (A) | $4845 | $4554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 08/01/2028 (A) | 3075 | 2752 |
| &nbsp;&nbsp;&nbsp; Avantor Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 07/15/2028 (A) | 1163 | 1133 |
| &nbsp;&nbsp;&nbsp; Bausch + Lomb  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 10/01/2028 (A) | 1369 | 1415 |
| &nbsp;&nbsp;&nbsp; Bausch Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.000%, 10/15/2030 (A) | 1378 | 1192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 02/15/2029 (A) | 139 | 91 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/30/2030 (A) | 464 | 263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 02/15/2031 (A) | 337 | 179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/30/2028 (A) | 850 | 673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/15/2029 (A) | 455 | 289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/01/2028 (A) | 1810 | 1478 |
| &nbsp;&nbsp;&nbsp; Bausch Health Americas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 04/01/2026 (A) | 1315 | 1295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 01/31/2027 (A) | 1377 | 1298 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/01/2028 (A) | 797 | 765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/15/2031 (A) | 2160 | 1937 |
| &nbsp;&nbsp;&nbsp; CHS  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.875%, 01/15/2032 (A) | 5516 | 5879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 04/01/2030 (A) | 1011 | 781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2029 (A) | 340 | 327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 03/15/2027 (A) | 5026 | 4952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2030 (A) | 3434 | 3093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2031 (A) | 550 | 471 |
| &nbsp;&nbsp;&nbsp; DaVita  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 09/01/2032 (A) | 405 | 411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 06/01/2030 (A) | 2185 | 2042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/15/2031 (A) | 1720 | 1524 |
| &nbsp;&nbsp;&nbsp; Embecta  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/15/2030 (A) | 2865 | 2758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/15/2030 (A) | 480 | 427 |
| &nbsp;&nbsp;&nbsp; Emergent BioSolutions  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/15/2028 (A) | 157 | 119 |
| &nbsp;&nbsp;&nbsp; Encompass Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 04/01/2031  | 753 | 718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/01/2028  | 273 | 269 |
| &nbsp;&nbsp;&nbsp; Endo Finance Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/01/2027 (B)(C)(D) | 2247 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 12/31/2049 (B)(C)(D) | 2355 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 04/15/2031 (A) | 112 | 116 |
| &nbsp;&nbsp;&nbsp; Envision Healthcare  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 10/15/2026 (B)(C)(E) | 3150 | 105 |
| &nbsp;&nbsp;&nbsp; Fortrea Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 07/01/2030 (A) | 2161 | 1801 |
| &nbsp;&nbsp;&nbsp; Global Medical Response  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 10/31/2028 (A) | 6317 | 6317 |
| &nbsp;&nbsp;&nbsp; Grifols  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/2028 (A) | 2351 | 2236 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; HCA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/15/2049  | $1146 | $991 |
| &nbsp;&nbsp;&nbsp; Heartland Dental LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 04/30/2028 (A) | 4818 | 5092 |
| &nbsp;&nbsp;&nbsp; IQVIA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/15/2026 (A) | 1240 | 1236 |
| &nbsp;&nbsp;&nbsp; LifePoint Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 10/15/2030 (A) | 1526 | 1677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 06/01/2032 (A) | 2385 | 2495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.875%, 08/15/2030 (A) | 527 | 565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 02/15/2032 (A) | 1368 | 1440 |
| &nbsp;&nbsp;&nbsp; Mallinckrodt International Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.750%, 11/14/2028 (A) | 315 | 328 |
| &nbsp;&nbsp;&nbsp; Medline Borrower LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 04/01/2029 (A) | 236 | 240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/01/2029 (A) | 648 | 633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/01/2029 (A) | 8991 | 8474 |
| &nbsp;&nbsp;&nbsp; Molina Healthcare  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 01/15/2033 (A) | 2300 | 2297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 06/15/2028 (A) | 2665 | 2585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 11/15/2030 (A) | 1795 | 1641 |
| &nbsp;&nbsp;&nbsp; Option Care Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 10/31/2029 (A) | 3441 | 3280 |
| &nbsp;&nbsp;&nbsp; Organon Finance 1 LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 04/30/2031 (A) | 731 | 614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/30/2028 (A) | 720 | 677 |
| &nbsp;&nbsp;&nbsp; Owens & Minor  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 04/15/2030 (A) | 221 | 231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 04/01/2030 (A) | 280 | 237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/31/2029 (A) | 403 | 329 |
| &nbsp;&nbsp;&nbsp; Perrigo Finance Unlimited  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 09/30/2032  | 1165 | 1163 |
| &nbsp;&nbsp;&nbsp; Radiology Partners  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.781%, 02/15/2030 (A) | 3895 | 3760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.775%, 01/31/2029 (A) | 6821 | 6855 |
| &nbsp;&nbsp;&nbsp; Select Medical  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 12/01/2032 (A) | 916 | 908 |
| &nbsp;&nbsp;&nbsp; Sotera Health Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 06/01/2031 (A) | 252 | 262 |
| &nbsp;&nbsp;&nbsp; Surgery Center Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 04/15/2032 (A) | 293 | 292 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 05/15/2031  | 7170 | 7386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 02/01/2027  | 562 | 562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 06/15/2030  | 3202 | 3233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 11/01/2027  | 1055 | 1049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 01/15/2030  | 1880 | 1797 |
| &nbsp;&nbsp;&nbsp; US Acute Care Solutions LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 05/15/2029 (A) | 1787 | 1816 |
|  |  | 119948 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| **Industrials — 9.7%** | **Industrials — 9.7%** |  |
| &nbsp;&nbsp;&nbsp; AAR Escrow Issuer LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/15/2029 (A) | $2470 | $2531 |
| &nbsp;&nbsp;&nbsp; ACCO Brands  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 03/15/2029 (A) | 950 | 839 |
| &nbsp;&nbsp;&nbsp; Allegiant Travel  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 08/15/2027 (A) | 1100 | 1086 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 06/01/2028 (A) | 2310 | 2210 |
| &nbsp;&nbsp;&nbsp; Allison Transmission  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/01/2029 (A) | 1031 | 1035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/01/2027 (A) | 1969 | 1936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 01/30/2031 (A) | 542 | 492 |
| &nbsp;&nbsp;&nbsp; American Airlines  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 02/15/2028 (A) | 2351 | 2375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/20/2029 (A) | 886 | 870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/20/2026 (A) | 523 | 522 |
| &nbsp;&nbsp;&nbsp; Amsted Industries  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 03/15/2033 (A) | 906 | 920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 05/15/2030 (A) | 809 | 782 |
| &nbsp;&nbsp;&nbsp; APi Group DE  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/2029 (A) | 234 | 228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 07/15/2029 (A) | 365 | 345 |
| &nbsp;&nbsp;&nbsp; ARD Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%cash/0% PIK, 06/30/2027 (A) | 3785 | 132 |
| &nbsp;&nbsp;&nbsp; Ardagh Packaging Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 08/15/2027 (A) | 6088 | 2770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/15/2026 (A) | 1528 | 1389 |
| &nbsp;&nbsp;&nbsp; Avis Budget Car Rental LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 06/15/2032 (A) | 269 | 271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 01/15/2030 (A) | 4540 | 4618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 02/15/2031 (A) | 42 | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 07/15/2027 (A) | 2504 | 2471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 03/01/2029 (A) | 565 | 533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 04/01/2028 (A) | 410 | 393 |
| &nbsp;&nbsp;&nbsp; Axon Enterprise  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 03/15/2033 (A) | 2259 | 2292 |
| &nbsp;&nbsp;&nbsp; Bombardier  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 11/15/2030 (A) | 217 | 233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 04/15/2027 (A) | 201 | 202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 07/01/2031 (A) | 2998 | 3091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 06/01/2032 (A) | 1969 | 2014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 06/15/2033 (A) | 1557 | 1579 |
| &nbsp;&nbsp;&nbsp; Brand Industrial Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.375%, 08/01/2030 (A) | 470 | 421 |
| &nbsp;&nbsp;&nbsp; Brightline East LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 01/31/2030 (A) | 1080 | 778 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 05/15/2035 (A) | 144 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 06/15/2032 (A) | 427 | 431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 03/01/2034 (A) | 1889 | 1882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 02/01/2032 (A) | 2053 | 1863 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; BWX Technologies  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 06/30/2028 (A) | $2241 | $2181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/15/2029 (A) | 1590 | 1523 |
| &nbsp;&nbsp;&nbsp; CACI International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 06/15/2033 (A) | 1645 | 1677 |
| &nbsp;&nbsp;&nbsp; Chart Industries  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 01/01/2031 (A) | 2106 | 2244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 01/01/2030 (A) | 603 | 630 |
| &nbsp;&nbsp;&nbsp; Clean Harbors  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 07/15/2027 (A) | 2068 | 2048 |
| &nbsp;&nbsp;&nbsp; Clue Opco LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 10/15/2031 (A) | 564 | 581 |
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 04/15/2030 (A) | 1395 | 1427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 04/15/2032 (A) | 578 | 584 |
| &nbsp;&nbsp;&nbsp; Conduent Business Services LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 11/01/2029 (A) | 475 | 437 |
| &nbsp;&nbsp;&nbsp; CoreCivic  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 04/15/2029  | 489 | 517 |
| &nbsp;&nbsp;&nbsp; CP Atlas Buyer  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 12/01/2028 (A) | 2517 | 2090 |
| &nbsp;&nbsp;&nbsp; Deluxe  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 09/15/2029 (A) | 4210 | 4256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 06/01/2029 (A) | 1355 | 1258 |
| &nbsp;&nbsp;&nbsp; EMRLD Borrower  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 07/15/2031 (A) | 166 | 170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 12/15/2030 (A) | 6294 | 6357 |
| &nbsp;&nbsp;&nbsp; Enpro  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 06/01/2033 (A) | 110 | 111 |
| &nbsp;&nbsp;&nbsp; EquipmentShare.com  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 05/15/2028 (A) | 731 | 759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 05/15/2032 (A) | 160 | 168 |
| &nbsp;&nbsp;&nbsp; First Student Bidco  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/31/2029 (A) | 35 | 33 |
| &nbsp;&nbsp;&nbsp; Fortress Transportation and Infrastructure Investors LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 05/01/2031 (A) | 1465 | 1500 |
| &nbsp;&nbsp;&nbsp; Garda World Security  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 11/15/2032 (A) | 164 | 165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 08/01/2032 (A) | 346 | 344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/01/2029 (A) | 489 | 465 |
| &nbsp;&nbsp;&nbsp; Gates  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 07/01/2029 (A) | 1335 | 1368 |
| &nbsp;&nbsp;&nbsp; GEO Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 04/15/2029  | 291 | 307 |
| &nbsp;&nbsp;&nbsp; GFL Environmental  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 01/15/2031 (A) | 323 | 335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 06/15/2029 (A) | 105 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 08/15/2029 (A) | 1203 | 1155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 08/01/2028 (A) | 1042 | 1002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/01/2028 (A) | 2860 | 2724 |
| &nbsp;&nbsp;&nbsp; Global Infrastructure Solutions  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 04/15/2032 (A) | 556 | 555 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 06/01/2029 (A) | $349 | $340 |
| &nbsp;&nbsp;&nbsp; Graham Packaging  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 08/15/2028 (A) | 312 | 306 |
| &nbsp;&nbsp;&nbsp; Griffon  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/01/2028  | 760 | 755 |
| &nbsp;&nbsp;&nbsp; H&E Equipment Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 12/15/2028 (A) | 1283 | 1293 |
| &nbsp;&nbsp;&nbsp; Herc Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 06/15/2029 (A) | 332 | 336 |
| &nbsp;&nbsp;&nbsp; Herc Holdings Escrow  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 06/15/2033 (A) | 943 | 970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 06/15/2030 (A) | 1117 | 1151 |
| &nbsp;&nbsp;&nbsp; Hertz  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.625%, 07/15/2029 (A) | 2050 | 2087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 12/01/2029 (A) | 1172 | 797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/01/2026 (A) | 611 | 540 |
| &nbsp;&nbsp;&nbsp; Hertz (Escrow Security)  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 08/01/2026 (A)(E) | 715 | 147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2028 (A)(E) | 420 | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 10/15/2024 (A)(E) | 1573 | 102 |
| &nbsp;&nbsp;&nbsp; Icahn Enterprises  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 11/15/2029 (A) | 1881 | 1834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 06/15/2030  | 4605 | 4174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2027  | 1683 | 1601 |
| &nbsp;&nbsp;&nbsp; Imola Merger  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2029 (A) | 555 | 532 |
| &nbsp;&nbsp;&nbsp; JELD-WEN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 09/01/2032 (A) | 195 | 144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 12/15/2027 (A) | 372 | 325 |
| &nbsp;&nbsp;&nbsp; JetBlue Airways  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.875%, 09/20/2031 (A) | 5434 | 5375 |
| &nbsp;&nbsp;&nbsp; Korn Ferry  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/15/2027 (A) | 2302 | 2266 |
| &nbsp;&nbsp;&nbsp; LABL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 10/01/2031 (A) | 1525 | 1263 |
| &nbsp;&nbsp;&nbsp; Madison IAQ LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/30/2029 (A) | 2382 | 2304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 06/30/2028 (A) | 2399 | 2309 |
| &nbsp;&nbsp;&nbsp; Masterbrand  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 07/15/2032 (A) | 294 | 292 |
| &nbsp;&nbsp;&nbsp; Mauser Packaging Solutions Holding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 04/15/2027 (A) | 845 | 832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 04/15/2027 (A) | 1565 | 1580 |
| &nbsp;&nbsp;&nbsp; Mileage Plus Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 06/20/2027 (A) | 314 | 315 |
| &nbsp;&nbsp;&nbsp; Miter Brands Acquisition Holdco  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 04/01/2032 (A) | 289 | 291 |
| &nbsp;&nbsp;&nbsp; MIWD Holdco II LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/01/2030 (A) | 189 | 174 |
| &nbsp;&nbsp;&nbsp; Pitney Bowes  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 03/15/2029 (A) | 2930 | 2929 |
| &nbsp;&nbsp;&nbsp; Prime Security Services Borrower LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/15/2026 (A) | 193 | 193 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 08/31/2027 (A) | $574 | $551 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/01/2033 (A) | 2760 | 2801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 03/01/2032 (A) | 4084 | 4150 |
| &nbsp;&nbsp;&nbsp; Resideo Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 07/15/2032 (A) | 332 | 335 |
| &nbsp;&nbsp;&nbsp; Science Applications International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 04/01/2028 (A) | 2963 | 2888 |
| &nbsp;&nbsp;&nbsp; Sensata Technologies BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 09/01/2030 (A) | 400 | 396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/15/2029 (A) | 2494 | 2341 |
| &nbsp;&nbsp;&nbsp; Signature Aviation US Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/01/2028 (A) | 1806 | 1580 |
| &nbsp;&nbsp;&nbsp; Smyrna Ready Mix Concrete LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 11/15/2031 (A) | 1265 | 1299 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 06/01/2032 (A) | 3392 | 3483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/30/2027 (A) | 1180 | 1179 |
| &nbsp;&nbsp;&nbsp; Standard Building Solutions  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 08/15/2032 (A) | 2351 | 2388 |
| &nbsp;&nbsp;&nbsp; Standard Industries  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/15/2028 (A) | 1615 | 1586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 07/15/2030 (A) | 2399 | 2251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 01/15/2031 (A) | 159 | 141 |
| &nbsp;&nbsp;&nbsp; Terex  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/15/2032 (A) | 461 | 453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/15/2029 (A) | 593 | 572 |
| &nbsp;&nbsp;&nbsp; TransDigm  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 12/01/2031 (A) | 8470 | 8762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 08/15/2028 (A) | 530 | 539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 03/01/2032 (A) | 5415 | 5532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 03/01/2029 (A) | 629 | 639 |
| &nbsp;&nbsp;&nbsp; Trident TPI Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.750%, 12/31/2028 (A) | 1864 | 1949 |
| &nbsp;&nbsp;&nbsp; TriNet Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 08/15/2031 (A) | 291 | 300 |
| &nbsp;&nbsp;&nbsp; Trivium Packaging Finance BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 07/15/2030 (A) | 2100 | 2179 |
| &nbsp;&nbsp;&nbsp; United Airlines  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 04/15/2029 (A) | 2780 | 2641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 04/15/2026 (A) | 1678 | 1658 |
| &nbsp;&nbsp;&nbsp; United Rentals North America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 03/15/2034 (A) | 3540 | 3588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 05/15/2027  | 35 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2030  | 700 | 696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/15/2030  | 1840 | 1727 |
| &nbsp;&nbsp;&nbsp; Waste Pro USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 02/01/2033 (A) | 3899 | 3998 |
| &nbsp;&nbsp;&nbsp; WESCO Distribution  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 06/15/2028 (A) | 1086 | 1099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 03/15/2032 (A) | 308 | 315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 03/15/2029 (A) | 617 | 630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 03/15/2033 (A) | 455 | 463 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Williams Scotsman  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 10/01/2031 (A) | $| 3976 | $4137 |
| &nbsp;&nbsp;&nbsp; Wilsonart LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 08/15/2032 (A) |  | 2172 | 1911 |
| &nbsp;&nbsp;&nbsp; Wrangler Holdco  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 04/01/2032 (A) |  | 691 | 713 |
| &nbsp;&nbsp;&nbsp; XPO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 02/01/2032 (A) |  | 1168 | 1212 |
|  |  |  | 193555 |
| **Information Technology — 3.5%** | **Information Technology — 3.5%** | **Information Technology — 3.5%** |  |
| &nbsp;&nbsp;&nbsp; ACI Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 08/15/2026 (A) |  | 667 | 667 |
| &nbsp;&nbsp;&nbsp; Ahead DB Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 05/01/2028 (A) |  | 1495 | 1473 |
| &nbsp;&nbsp;&nbsp; ams-OSRAM  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.250%, 03/30/2029 (A) |  | 270 | 282 |
| &nbsp;&nbsp;&nbsp; AthenaHealth Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 02/15/2030 (A) |  | 4343 | 4185 |
| &nbsp;&nbsp;&nbsp; Central Parent LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 06/15/2029 (A) |  | 935 | 838 |
| &nbsp;&nbsp;&nbsp; Ciena  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 01/31/2030 (A) |  | 1585 | 1475 |
| &nbsp;&nbsp;&nbsp; Clarivate Science Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 07/01/2029 (A) |  | 366 | 339 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Strike Price Fixed  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 06/30/2032 (A) |  | 4706 | 4948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 03/31/2029 (A) |  | 2477 | 2474 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc., Strike Price Fixed  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 09/30/2029 (A) |  | 5848 | 5986 |
| &nbsp;&nbsp;&nbsp; Coherent  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 12/15/2029 (A) |  | 3996 | 3872 |
| &nbsp;&nbsp;&nbsp; CommScope LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 12/15/2031 (A) |  | 45 | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 03/01/2027 (A) |  | 1170 | 1167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 07/01/2028 (A) |  | 1400 | 1346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 09/01/2029 (A) |  | 4217 | 4038 |
| &nbsp;&nbsp;&nbsp; CommScope Technologies LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/15/2027 (A) |  | 968 | 935 |
| &nbsp;&nbsp;&nbsp; CoreWeave  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 06/01/2030 (A) |  | 4801 | 4796 |
| &nbsp;&nbsp;&nbsp; Diebold Nixdorf  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 03/31/2030 (A) |  | 152 | 160 |
| &nbsp;&nbsp;&nbsp; Elastic  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 07/15/2029 (A) |  | 1544 | 1448 |
| &nbsp;&nbsp;&nbsp; Ellucian Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/01/2029 (A) |  | 1828 | 1846 |
| &nbsp;&nbsp;&nbsp; Entegris  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 06/15/2030 (A) |  | 676 | 676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 04/15/2029 (A) |  | 2344 | 2276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 04/15/2028 (A) |  | 190 | 184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 05/01/2029 (A) |  | 1366 | 1274 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Fair Isaac  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/15/2033 (A) | $| 181 | $181 |
| &nbsp;&nbsp;&nbsp; Gen Digital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 04/01/2033 (A) |  | 762 | 770 |
| &nbsp;&nbsp;&nbsp; Go Daddy Operating LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 03/01/2029 (A) |  | 2195 | 2049 |
| &nbsp;&nbsp;&nbsp; McAfee  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 02/15/2030 (A) |  | 4961 | 4587 |
| &nbsp;&nbsp;&nbsp; Monitronics International (Escrow Security)  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.125%, 04/01/2020 (B)(C)(E) |  | 10706 |  |
| &nbsp;&nbsp;&nbsp; NCR Atleos  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 04/01/2029 (A) |  | 2940 | 3211 |
| &nbsp;&nbsp;&nbsp; NCR Voyix  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 04/15/2029 (A) |  | 416 | 406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/01/2028 (A) |  | 203 | 200 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/01/2028 (A) |  | 3099 | 2960 |
| &nbsp;&nbsp;&nbsp; Open Text Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 02/15/2030 (A) |  | 1007 | 940 |
| &nbsp;&nbsp;&nbsp; PTC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 02/15/2028 (A) |  | 2481 | 2404 |
| &nbsp;&nbsp;&nbsp; RingCentral  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 08/15/2030 (A) |  | 453 | 478 |
| &nbsp;&nbsp;&nbsp; Seagate HDD Cayman  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 07/15/2031  |  | 108 | 115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 12/15/2029  |  | 275 | 293 |
| &nbsp;&nbsp;&nbsp; Synaptics  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/15/2029 (A) |  | 2167 | 2014 |
| &nbsp;&nbsp;&nbsp; UKG  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 02/01/2031 (A) |  | 1794 | 1849 |
| &nbsp;&nbsp;&nbsp; Virtusa  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 12/15/2028 (A) |  | 1400 | 1353 |
| &nbsp;&nbsp;&nbsp; Xerox  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.250%, 10/15/2030 (A) |  | 160 | 164 |
| &nbsp;&nbsp;&nbsp; Xerox Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 11/30/2029 (A) |  | 306 | 206 |
|  |  |  | 70912 |
| **Materials — 6.3%** | **Materials — 6.3%** | **Materials — 6.3%** |  |
| &nbsp;&nbsp;&nbsp; Alumina Pty  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 09/15/2032 (A) |  | 200 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 03/15/2030 (A) |  | 200 | 200 |
| &nbsp;&nbsp;&nbsp; ASP Unifrax Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.100%cash/0% PIK, 09/30/2029 (A) |  | 5244 | 2150 |
| &nbsp;&nbsp;&nbsp; ATI  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 08/15/2030  |  | 244 | 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 12/01/2027  |  | 276 | 276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 10/01/2031  |  | 225 | 217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 10/01/2029  |  | 267 | 259 |
| &nbsp;&nbsp;&nbsp; Avient  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 11/01/2031 (A) |  | 1502 | 1504 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems Dutch Holding B BV  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 02/15/2031 (A) |  | 1630 | 1705 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 06/15/2027 (A) | $1348 | $1334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 02/15/2029 (A) | 2485 | 2313 |
| &nbsp;&nbsp;&nbsp; Baffinland Iron Mines  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 07/15/2026 (A) | 4735 | 4306 |
| &nbsp;&nbsp;&nbsp; Ball  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 09/15/2031  | 2125 | 1863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 08/15/2030  | 3555 | 3151 |
| &nbsp;&nbsp;&nbsp; Big River Steel LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 01/31/2029 (A) | 477 | 481 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 03/15/2030  | 103 | 106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 07/15/2028  | 281 | 282 |
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.850%, 11/15/2028  | 2349 | 2432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 04/15/2033  | 3776 | 3675 |
| &nbsp;&nbsp;&nbsp; Chemours  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 01/15/2033 (A) | 188 | 164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 11/15/2028 (A) | 2947 | 2639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/15/2029 (A) | 538 | 440 |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 09/15/2031 (A) | 169 | 152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 05/01/2033 (A) | 902 | 775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 03/15/2032 (A) | 2440 | 2104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/01/2029 (A) | 1214 | 1129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 04/15/2030 (A) | 386 | 346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 03/01/2029 (A) | 370 | 331 |
| &nbsp;&nbsp;&nbsp; Compass Minerals International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 12/01/2027 (A) | 722 | 722 |
| &nbsp;&nbsp;&nbsp; Constellium  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/15/2029 (A) | 1378 | 1272 |
| &nbsp;&nbsp;&nbsp; Cornerstone Chemical Co LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.250%, 05/07/2029 (C)(E) | 7062 | 7062 |
| &nbsp;&nbsp;&nbsp; Crown Americas LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/01/2033 (A) | 800 | 795 |
| &nbsp;&nbsp;&nbsp; CVR Partners  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 06/15/2028 (A) | 1771 | 1761 |
| &nbsp;&nbsp;&nbsp; Domtar  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/01/2028 (A) | 6630 | 5825 |
| &nbsp;&nbsp;&nbsp; Element Solutions  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/01/2028 (A) | 619 | 594 |
| &nbsp;&nbsp;&nbsp; ERO Copper  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 02/15/2030 (A) | 2640 | 2589 |
| &nbsp;&nbsp;&nbsp; First Quantum Minerals  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.375%, 03/01/2029 (A) | 870 | 915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 06/01/2031 (A) | 5385 | 5472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 03/01/2033 (A) | 635 | 630 |
| &nbsp;&nbsp;&nbsp; FMG Resources August 2006 Pty  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 09/15/2027 (A) | 991 | 971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 04/01/2031 (A) | 794 | 729 |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/15/2043  | 1150 | 1062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 11/14/2034  | 1281 | 1277 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Goat Holdco LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/01/2032 (A) | $130 | $130 |
| &nbsp;&nbsp;&nbsp; Graphic Packaging International LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/01/2030 (A) | 800 | 737 |
| &nbsp;&nbsp;&nbsp; INEOS Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 04/15/2029 (A) | 2138 | 2100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 05/15/2028 (A) | 200 | 196 |
| &nbsp;&nbsp;&nbsp; INEOS Quattro Finance 2  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 03/15/2029 (A) | 247 | 246 |
| &nbsp;&nbsp;&nbsp; Innophos Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.500%, 06/15/2029 (A) | 4673 | 4713 |
| &nbsp;&nbsp;&nbsp; Ivanhoe Mines  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 01/23/2030 (A) | 2750 | 2677 |
| &nbsp;&nbsp;&nbsp; Martin Marietta Materials  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 12/15/2047  | 1195 | 944 |
| &nbsp;&nbsp;&nbsp; Mercer International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.875%, 10/01/2028 (A) | 944 | 939 |
| &nbsp;&nbsp;&nbsp; Methanex  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 12/15/2029  | 1605 | 1557 |
| &nbsp;&nbsp;&nbsp; Methanex US Operations  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 03/15/2032 (A) | 340 | 329 |
| &nbsp;&nbsp;&nbsp; Mineral Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 10/01/2028 (A) | 350 | 357 |
| &nbsp;&nbsp;&nbsp; Mineral Resources MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 05/01/2030 (A) | 2735 | 2709 |
| &nbsp;&nbsp;&nbsp; Mountain Province Diamonds, Inc.  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 12/15/2027 (A)(B)(C) | 2609 | 2359 |
| &nbsp;&nbsp;&nbsp; Northwest Acquisitions ULC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 11/01/2022 (A)(B)(C)(E) | 3290 |  |
| &nbsp;&nbsp;&nbsp; NOVA Chemicals  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 02/15/2030 (A) | 265 | 285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 11/15/2028 (A) | 776 | 818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/01/2027 (A) | 890 | 889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/15/2029 (A) | 450 | 430 |
| &nbsp;&nbsp;&nbsp; Novelis  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 01/30/2030 (A) | 76 | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/30/2030 (A) | 1103 | 1049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 11/15/2026 (A) | 2129 | 2088 |
| &nbsp;&nbsp;&nbsp; OCI  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 03/16/2033 (A) | 2408 | 2633 |
| &nbsp;&nbsp;&nbsp; OI European Group BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2030 (A) | 374 | 352 |
| &nbsp;&nbsp;&nbsp; Owens-Brockway Glass Container  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 05/15/2031 (A) | 2743 | 2748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 05/13/2027 (A) | 102 | 102 |
| &nbsp;&nbsp;&nbsp; Rain Carbon  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.250%, 09/01/2029 (A) | 4195 | 4371 |
| &nbsp;&nbsp;&nbsp; Samarco Mineracao  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%cash/0% PIK, 06/30/2031  | 1421 | 1380 |
| &nbsp;&nbsp;&nbsp; SCIH Salt Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 05/01/2029 (A) | 2920 | 2865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 05/01/2028 (A) | 1873 | 1818 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Scotts Miracle-Gro  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 12/15/2026  | $| 121 | $121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 10/15/2029  |  | 779 | 741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 02/01/2032  |  | 491 | 442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/01/2031  |  | 534 | 479 |
| &nbsp;&nbsp;&nbsp; Sealed Air  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 07/15/2032 (A) |  | 1763 | 1805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 02/01/2028 (A) |  | 1494 | 1511 |
| &nbsp;&nbsp;&nbsp; Taseko Mines  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 05/01/2030 (A) |  | 1897 | 1949 |
| &nbsp;&nbsp;&nbsp; TriMas  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/15/2029 (A) |  | 528 | 497 |
| &nbsp;&nbsp;&nbsp; Trinseo Luxco Finance SPV Sarl  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%cash/0% PIK, 05/03/2029 (A) |  | 1040 | 614 |
| &nbsp;&nbsp;&nbsp; Tronox  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 03/15/2029 (A) |  | 6458 | 5399 |
| &nbsp;&nbsp;&nbsp; WR Grace Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 08/15/2029 (A) |  | 4681 | 4124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/15/2027 (A) |  | 794 | 783 |
|  |  |  | 126828 |
| **Real Estate — 2.4%** | **Real Estate — 2.4%** | **Real Estate — 2.4%** |  |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Group LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 04/15/2030 (A) |  | 2939 | 2684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 04/15/2030 (A) |  | 700 | 544 |
| &nbsp;&nbsp;&nbsp; Diversified Healthcare Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2028  |  | 45 | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/01/2031  |  | 4965 | 4089 |
| &nbsp;&nbsp;&nbsp; Iron Mountain  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 01/15/2033 (A) |  | 43 | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/15/2028 (A) |  | 281 | 278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/15/2030 (A) |  | 4650 | 4538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/2028 (A) |  | 455 | 448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 09/15/2027 (A) |  | 410 | 405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 09/15/2029 (A) |  | 3356 | 3257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/15/2031 (A) |  | 120 | 113 |
| &nbsp;&nbsp;&nbsp; Iron Mountain Information Management Services  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/2032 (A) |  | 2289 | 2165 |
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 02/15/2032 (A) |  | 935 | 958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/15/2027  |  | 805 | 704 |
| &nbsp;&nbsp;&nbsp; Outfront Media Capital LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 02/15/2031 (A) |  | 538 | 568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 03/15/2030 (A) |  | 100 | 94 |
| &nbsp;&nbsp;&nbsp; Park Intermediate Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 05/15/2029 (A) |  | 1905 | 1802 |
| &nbsp;&nbsp;&nbsp; RHP Hotel Properties  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 07/15/2028 (A) |  | 178 | 183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 04/01/2032 (A) |  | 495 | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 06/15/2033 (A) |  | 93 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/2027  |  | 1062 | 1049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/15/2029 (A) |  | 697 | 673 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; RLJ Lodging Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/15/2029 (A) | $| 542 | $496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 07/01/2026 (A) |  | 2474 | 2434 |
| &nbsp;&nbsp;&nbsp; Service Properties Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 11/15/2031 (A) |  | 1411 | 1503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 12/15/2027  |  | 1350 | 1303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 10/01/2029  |  | 915 | 764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 02/15/2030  |  | 2925 | 2358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 01/15/2028  |  | 140 | 125 |
| &nbsp;&nbsp;&nbsp; Uniti Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 02/15/2028 (A) |  | 2983 | 3165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 02/15/2029 (A) |  | 5006 | 4720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2030 (A) |  | 2437 | 2220 |
| &nbsp;&nbsp;&nbsp; VICI Properties  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/01/2029 (A) |  | 249 | 242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 09/01/2026 (A) |  | 225 | 224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 12/01/2026 (A) |  | 500 | 494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/15/2027 (A) |  | 670 | 656 |
| &nbsp;&nbsp;&nbsp; VICI Properties LP / VICI Note Co  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/15/2030 (A) |  | 1596 | 1505 |
|  |  |  | 47442 |
| **Utilities — 2.7%** | **Utilities — 2.7%** | **Utilities — 2.7%** |  |
| &nbsp;&nbsp;&nbsp; Alpha Generation LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/15/2032 (A) |  | 2383 | 2430 |
| &nbsp;&nbsp;&nbsp; AmeriGas Partners  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 06/01/2030 (A) |  | 1574 | 1590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.375%, 06/01/2028 (A) |  | 235 | 237 |
| &nbsp;&nbsp;&nbsp; Calpine  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/01/2031 (A) |  | 2360 | 2289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 02/01/2029 (A) |  | 1600 | 1559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/15/2028 (A) |  | 3805 | 3732 |
| &nbsp;&nbsp;&nbsp; Edison International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, H15T5Y + 3.864%, 06/15/2053 (F) |  | 1380 | 1363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/15/2032  |  | 3530 | 3341 |
| &nbsp;&nbsp;&nbsp; NRG Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.250%, H15T5Y + 5.920%(A)(F)(G) |  | 1863 | 2051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 03/15/2033 (A) |  | 413 | 445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 11/01/2034 (A) |  | 5524 | 5526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 02/01/2033 (A) |  | 261 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/15/2029 (A) |  | 716 | 708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 02/15/2032 (A) |  | 56 | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 02/15/2031 (A) |  | 3299 | 2992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 02/15/2029 (A) |  | 585 | 546 |
| &nbsp;&nbsp;&nbsp; Pattern Energy Operations  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 08/15/2028 (A) |  | 1821 | 1747 |
| &nbsp;&nbsp;&nbsp; PG&E  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/01/2030  |  | 5085 | 4934 |
| &nbsp;&nbsp;&nbsp; Pike  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 01/31/2031 (A) |  | 113 | 122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/01/2028 (A) |  | 360 | 357 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 06/01/2030 (A) | $| 2550 | $| 2723 |
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 05/01/2035 (A) |  | 529 |  | 557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 05/01/2033 (A) |  | 2146 |  | 2242 |
| &nbsp;&nbsp;&nbsp; Vistra  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, H15T5Y + 6.930%(A)(F)(G) |  | 2673 |  | 2743 |
| &nbsp;&nbsp;&nbsp; Vistra Operations LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 10/15/2031 (A) |  | 560 |  | 594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 04/15/2032 (A) |  | 2923 |  | 3041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 02/15/2027 (A) |  | 1171 |  | 1170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/31/2027 (A) |  | 2361 |  | 2354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 05/01/2029 (A) |  | 679 |  | 656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 07/15/2029 (A) |  | 559 |  | 545 |
| &nbsp;&nbsp;&nbsp; XPLR Infrastructure Operating Partners  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 01/15/2031 (A) |  | 1408 |  | 1470 |
|  |  |  |  | 54374 |
|  Total Corporate Obligations |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,579,106) ($ Thousands) |  |  |  | 1557237 |
| **LOAN PARTICIPATIONS — 8.6%** | **LOAN PARTICIPATIONS — 8.6%** | **LOAN PARTICIPATIONS — 8.6%** | **LOAN PARTICIPATIONS — 8.6%** | **LOAN PARTICIPATIONS — 8.6%** |
| &nbsp;&nbsp;&nbsp; 1261229 B.C. Ltd., Term Loan B, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.587%, CME Term SOFR + 6.250%, 10/08/2030 (F)(H) |  | 302 |  | 286 |
| &nbsp;&nbsp;&nbsp; AAdvantage Loyality IP Ltd. (American Airlines, Inc.), 2025 Replacement Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.522%, CME Term SOFR + 2.250%, 04/20/2028 (F) |  | 796 |  | 787 |
| &nbsp;&nbsp;&nbsp; Access CIG, LLC, 2023 Refinancing Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.381%, CME Term SOFR + 4.250%, 08/18/2028 (F) |  | 1523 |  | 1524 |
| &nbsp;&nbsp;&nbsp; ACProducts Holdings, Inc., Initial Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.811%, CME Term SOFR + 4.250%, 05/17/2028 (F)(H) |  | 1994 |  | 1464 |
| &nbsp;&nbsp;&nbsp; Adient, Term Loan B2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, 01/31/2031 (F) |  | 327 |  | 325 |
| &nbsp;&nbsp;&nbsp; Ahead DB Holdings, LLC, Term B-4 Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.299%, CME Term SOFR + 3.000%, 02/01/2031 (F) |  | 450 |  | 450 |
| &nbsp;&nbsp;&nbsp; Alvogen Pharma, Term Loan, 2nd Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.799%, 03/01/2029  |  | 361 |  | 117 |
| &nbsp;&nbsp;&nbsp; AMC Entertainment Holdings, Inc., Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.323%, CME Term SOFR + 7.000%, 01/04/2029 (F) |  | 2748 |  | 2751 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; AmWINS Group, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 01/30/2032 (F) | $1826 | $1824 |
| &nbsp;&nbsp;&nbsp; Aruba Investments Holdings, LLC, Initial Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.427%, CME Term SOFR + 4.000%, 11/24/2027 (F) | 1498 | 1456 |
| &nbsp;&nbsp;&nbsp; athenahealth Group Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 02/15/2029 (F) | 170 | 169 |
| &nbsp;&nbsp;&nbsp; Avaya Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.827%, CME Term SOFR + 7.500%, 08/01/2028 (B)(F)(H) | 7841 | 6162 |
| &nbsp;&nbsp;&nbsp; BCPE Pequod Buyer, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.577%, CME Term SOFR + 3.250%, 11/25/2031 (F) | 380 | 381 |
| &nbsp;&nbsp;&nbsp; Belron Finance 2019 LLC, 2031 Dollar Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.049%, CME Term SOFR + 2.750%, 10/16/2031 (F) | 179 | 179 |
| &nbsp;&nbsp;&nbsp; Byju's, New Money Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.325%, 04/09/2026  | 27 | 27 |
| &nbsp;&nbsp;&nbsp; Byju's, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15.500%, CME Term SOFR + 8.000%, 11/24/2026 (E)(F) | 2985 | 192 |
| &nbsp;&nbsp;&nbsp; Carestream Health, Inc., Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.899%, CME Term SOFR + 7.500%, 09/30/2027 (F) | 2586 | 1107 |
| &nbsp;&nbsp;&nbsp; Castle US Holding Corporation, Initial Second Out Dollar Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.842%, CME Term SOFR + 4.250%, 05/31/2030 (F) | 1315 | 743 |
| &nbsp;&nbsp;&nbsp; Castle US Holding Corporation, Initial Second Out Dollar Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.092%, 05/31/2030  | 1412 | 872 |
| &nbsp;&nbsp;&nbsp; CHPPR Midco Inc. , Amendment No. 1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.046%, CME Term SOFR + 8.750%, 12/31/2029 (F) | 1743 | 1758 |
| &nbsp;&nbsp;&nbsp; Cineworld, Term Loan B, First Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.579%, 12/02/2031  | 249 | 249 |
| &nbsp;&nbsp;&nbsp; Claire's Stores, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.731%, CME Term SOFR + 6.500%, 12/18/2026 (F) | 2000 | 1273 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc., 2024 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.441%, CME Term SOFR + 4.000%, 08/21/2028 (F) | $74 | $72 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc., Seventh Amendment Tranche B-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.799%, CME Term SOFR + 3.500%, 03/29/2029 (F) | 1034 | 1030 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc., Sixth Amendment Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.049%, CME Term SOFR + 3.750%, 03/21/2031 (F) | 1045 | 1042 |
| &nbsp;&nbsp;&nbsp; ClubCorp Holdings, Inc., Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.561%, CME Term SOFR + 5.000%, 09/18/2026 (F) | 896 | 896 |
| &nbsp;&nbsp;&nbsp; CMG Media Corporation, Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.899%, CME Term SOFR + 3.500%, 06/18/2029 (F) | 1859 | 1762 |
| &nbsp;&nbsp;&nbsp; Commscope, LLC, Initial Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.577%, 12/17/2029 (H) | 2609 | 2631 |
| &nbsp;&nbsp;&nbsp; Conair Holdings LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.191%, CME Term SOFR + 3.750%, 05/17/2028 (F) | 326 | 229 |
| &nbsp;&nbsp;&nbsp; Cornerstone Building Brands, Inc., Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.679%, CME Term SOFR + 3.250%, 04/12/2028 (F) | 1407 | 1252 |
| &nbsp;&nbsp;&nbsp; CP Atlas Buyer, Inc., Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.177%, CME Term SOFR + 3.750%, 11/23/2027 (F) | 1272 | 1205 |
| &nbsp;&nbsp;&nbsp; CSC Holdings, LLC, 2022 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.829%, CME Term SOFR + 4.500%, 01/18/2028 (F)(H) | 656 | 647 |
| &nbsp;&nbsp;&nbsp; DexKo Global Inc., Closing Date Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.191%, CME Term SOFR + 3.750%, 10/04/2028 (F) | 582 | 555 |
| &nbsp;&nbsp;&nbsp; DIRECTV Financing, LLC, Closing Date Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.541%, CME Term SOFR + 5.000%, 08/02/2027 (F) | 92 | 92 |
| &nbsp;&nbsp;&nbsp; Dominion Diamond, Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 06/30/2026 (C) | 1216 | 1216 |
| &nbsp;&nbsp;&nbsp; Dun & Bradstreet Corporation, The, 2022 Incremental Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.575%, CME Term SOFR + 2.250%, 01/18/2029 (F) | 1733 | 1731 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; East Valley Tourist Development Authority , Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.941%, CME Term SOFR + 7.500%, 11/23/2026 (C)(F) | $3844 | $3802 |
| &nbsp;&nbsp;&nbsp; Ellucian Holdings Inc., Initial Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.077%, CME Term SOFR + 5.000%, 11/22/2032 (F) | 2750 | 2781 |
| &nbsp;&nbsp;&nbsp; EMRLD Borrower LP, Second Amendment Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.799%, CME Term SOFR + 2.500%, 08/04/2031 (F) | 321 | 320 |
| &nbsp;&nbsp;&nbsp; Endo Finance Holdings, Inc., 2024 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.327%, CME Term SOFR + 4.000%, 04/23/2031 (F) | 2691 | 2626 |
| &nbsp;&nbsp;&nbsp; Epic Creations Inc, New Money Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.322%, 07/31/2025  | 25 | 25 |
| &nbsp;&nbsp;&nbsp; Epic Crude Services, LP, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.256%, CME Term SOFR + 3.000%, 10/15/2031 (F) | 227 | 227 |
| &nbsp;&nbsp;&nbsp; First Advantage Holdings, LLC, Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.577%, CME Term SOFR + 3.250%, 10/31/2031 (F) | 345 | 345 |
| &nbsp;&nbsp;&nbsp; First Student Bidco Inc., Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.799%, CME Term SOFR + 2.500%, 07/21/2028 (F) | 415 | 415 |
| &nbsp;&nbsp;&nbsp; First Student Bidco Inc., Initial Term C Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.799%, CME Term SOFR + 2.500%, 07/21/2028 (F) | 127 | 127 |
| &nbsp;&nbsp;&nbsp; First Student Bidco Inc., TLB-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.799%, CME Term SOFR + 2.500%, 07/21/2028 (F) | 398 | 398 |
| &nbsp;&nbsp;&nbsp; Flexsys Cayman Holdings, LP, First Out Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 08/01/2029 (C)(D)(H) | 1127 | 1127 |
| &nbsp;&nbsp;&nbsp; Flexsys Holdings, Inc., Initial Term Loan Retired 05/28/2025, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.811%, CME Term SOFR + 5.250%, 11/01/2028 (F) | 1650 | 844 |
| &nbsp;&nbsp;&nbsp; Freeport LNG investments, LLLP, Term Loan A, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.531%, CME Term SOFR + 3.000%, 11/16/2026 (F) | 1569 | 1562 |
| &nbsp;&nbsp;&nbsp; Gainwell Acquisition Corp., Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.399%, CME Term SOFR + 4.000%, 10/01/2027 (F) | 2040 | 1950 |
| &nbsp;&nbsp;&nbsp; GatesAir, Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.905%, 08/01/2027 (B)(C) | 1814 | 1803 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Global Medical Response, Inc., 2024 Extended Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.079%, CME Term SOFR + 4.750%, 10/31/2028 (F) | $2605 | $2606 |
| &nbsp;&nbsp;&nbsp; Graham Packaging Company Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, CME Term SOFR + 2.500%, 08/04/2027 (F) | 453 | 452 |
| &nbsp;&nbsp;&nbsp; Harrah's Oklahoma, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.327%, 10/10/2030 (C) | 1994 | 1984 |
| &nbsp;&nbsp;&nbsp; Hertz Corporation, The, Initial Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.041%, CME Term SOFR + 3.500%, 06/30/2028 (F) | 159 | 131 |
| &nbsp;&nbsp;&nbsp; Hertz Corporation, The, Initial Term C Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.041%, CME Term SOFR + 3.500%, 06/30/2028 (F) | 31 | 26 |
| &nbsp;&nbsp;&nbsp; HIG Finance 2 Limited, 2024-3 Dollar Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 02/15/2031 (F) | 1767 | 1763 |
| &nbsp;&nbsp;&nbsp; Icon Parent I Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.205%, CME Term SOFR + 3.000%, 11/13/2031 (F) | 310 | 310 |
| &nbsp;&nbsp;&nbsp; Icon Parent I Inc., Initial Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.205%, CME Term SOFR + 5.000%, 11/12/2032 (F) | 2670 | 2670 |
| &nbsp;&nbsp;&nbsp; JC Penney, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, CME Term SOFR + 4.250%, 06/21/2024 (C)(E)(F) | 3680 |  |
| &nbsp;&nbsp;&nbsp; Jump Financial, LLC, Additional Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.549%, CME Term SOFR + 4.250%, 02/26/2032 (F) | 3022 | 3029 |
| &nbsp;&nbsp;&nbsp; Kidde Global, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.574%, 12/02/2031  | 496 | 487 |
| &nbsp;&nbsp;&nbsp; LABL, Inc., Initial Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.427%, CME Term SOFR + 5.000%, 10/30/2028 (F) | 1816 | 1614 |
| &nbsp;&nbsp;&nbsp; Lannett Company, Inc., Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/16/2030 (C) | 885 | 885 |
| &nbsp;&nbsp;&nbsp; LBM Acquisition, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.177%, CME Term SOFR + 3.750%, 12/17/2027 (F)(H) | 348 | 334 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc., Term B-3 Refinancing Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.577%, CME Term SOFR + 4.250%, 03/27/2032 (F) | 2660 | 2673 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Libbey Glass LLC, 2022 Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.933%, CME Term SOFR + 6.500%, 11/22/2027 (F) | $2584 | $2494 |
| &nbsp;&nbsp;&nbsp; LifeScan Global Corporation, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.922%, CME Term SOFR + 6.500%, 12/31/2026 (B)(F)(H) | 12108 | 7991 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies Inc., Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.791%, CME Term SOFR + 2.350%, 04/16/2029 (F) | 1466 | 1451 |
| &nbsp;&nbsp;&nbsp; Madison IAQ LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.762%, CME Term SOFR + 2.500%, 06/21/2028 (F) | 428 | 428 |
| &nbsp;&nbsp;&nbsp; Magenta Security Holdings LLC, First Out Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.290%, CME Term SOFR + 6.750%, 07/27/2028 (F) | 2554 | 2165 |
| &nbsp;&nbsp;&nbsp; Magenta Security Holdings LLC, Second Out Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.540%, CME Term SOFR + 7.000%, 07/27/2028 (F) | 3762 | 1862 |
| &nbsp;&nbsp;&nbsp; Magenta Security Holdings LLC, Third Out Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.040%, CME Term SOFR + 1.500%, 07/27/2028 (F) | 24 | 7 |
| &nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Amendment No. 1 Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.396%, CME Term SOFR + 10.000%, 06/30/2025 (B)(C)(F) | 238 | 351 |
| &nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Amendment No. 2 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.423%, CME Term SOFR + 10.000%, 05/16/2025 (B)(C)(F) | 644 | 951 |
| &nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Amendment No. 3 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.260%, CME Term SOFR + 10.000%, 05/16/2025 (B)(C)(F) | 482 | 712 |
| &nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Delayed Draw Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.444%, CME Term SOFR + 10.000%, 06/30/2025 (B)(C)(F) | 168 | 247 |
| &nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.254%, CME Term SOFR + 10.000%, 05/16/2025 (B)(C)(F) | 521 | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.083%, CME Term SOFR + 5.750%, 08/18/2028 (B)(C)(F) | 679 | 252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.344%, CME Term SOFR + 4.750%, 08/18/2028 (B)(C)(F) | 7597 | 2819 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Medline Borrower, LP, Third Amendment Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 10/23/2028 (F) | $977 | $976 |
| &nbsp;&nbsp;&nbsp; MH Sub I, LLC (Micro Holding Corp.), 2023 May Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.577%, CME Term SOFR + 4.250%, 05/03/2028 (F) | 647 | 621 |
| &nbsp;&nbsp;&nbsp; MI Windows and Doors, LLC, Term B-2 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 03/28/2031 (F) | 199 | 198 |
| &nbsp;&nbsp;&nbsp; MLN US HoldCo LLC, Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, PRIME + 3.500%, 11/30/2025 (E)(F) | 1157 | 3 |
| &nbsp;&nbsp;&nbsp; Mountaineer Merger Corp, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.280%, CME Term SOFR + 7.000%, 10/26/2028 (F) | 2699 | 1684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/26/2028 (C)(D) | 262 | 262 |
| &nbsp;&nbsp;&nbsp; Naked Juice LLC, Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.708%, 01/24/2029  | 1023 | 1008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.558%, 01/24/2029  | 2180 | 1544 |
| &nbsp;&nbsp;&nbsp; Neon Maple Purchaser Inc., Tranche B-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 11/17/2031 (F) | 502 | 501 |
| &nbsp;&nbsp;&nbsp; NEP Group, Inc., Extended 2021 Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.094%, CME Term SOFR + 5.500%, 08/19/2026 (F) | 209 | 189 |
| &nbsp;&nbsp;&nbsp; NEP Group, Inc., Extended Initial Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.344%, CME Term SOFR + 4.750%, 08/19/2026 (F) | 2881 | 2605 |
| &nbsp;&nbsp;&nbsp; New Fortress Energy Inc., Second Amendment Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.795%, CME Term SOFR + 5.500%, 10/30/2028 (F)(H) | 1247 | 675 |
| &nbsp;&nbsp;&nbsp; Nexus Buyer LLC, Initial Term Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.677%, CME Term SOFR + 6.250%, 11/05/2029 (F) | 1140 | 1130 |
| &nbsp;&nbsp;&nbsp; Obra, Termloan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.933%, 06/21/2029 (C) | 1757 | 1726 |
| &nbsp;&nbsp;&nbsp; Osmosis Buyer Limited, 2025 Refinancing Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.323%, CME Term SOFR + 3.000%, 07/31/2028 (F) | 1613 | 1602 |
| &nbsp;&nbsp;&nbsp; Owens & Minor, Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/02/2030 (D)(H) | 260 | 258 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Parexel International, Inc., Sixth Amendment Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.827%, CME Term SOFR + 2.500%, 11/15/2028 (F) | $308 | $308 |
| &nbsp;&nbsp;&nbsp; Park River Holdings, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.799%, CME Term SOFR + 3.250%, 12/28/2027 (F) | 223 | 214 |
| &nbsp;&nbsp;&nbsp; Pasadena Performance Products, LLC, Term B Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.752%, 02/27/2032  | 1205 | 1203 |
| &nbsp;&nbsp;&nbsp; Petco Health and Wellness Company, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.811%, CME Term SOFR + 3.250%, 03/03/2028 (F) | 770 | 712 |
| &nbsp;&nbsp;&nbsp; PetSmart LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.177%, CME Term SOFR + 3.750%, 02/11/2028 (F) | 60 | 59 |
| &nbsp;&nbsp;&nbsp; Pluto Acquisition I, Inc., Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.299%, CME Term SOFR + 4.000%, 09/20/2028 (F)(H) | 2927 | 2552 |
| &nbsp;&nbsp;&nbsp; Premier Brands Group Holdings LLC, Term Loan B-1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.827%, 12/17/2029 (B)(C) | 1364 | 1364 |
| &nbsp;&nbsp;&nbsp; Pretium PKG Holdings, Inc., Initial Third Amendment Tranche A-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.158%, CME Term SOFR + 3.899%, 10/02/2028 (F)(H) | 3200 | 1675 |
| &nbsp;&nbsp;&nbsp; Primo Brands Corporation, 2025 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.549%, CME Term SOFR + 2.250%, 03/31/2028 (F) | 369 | 368 |
| &nbsp;&nbsp;&nbsp; Quest Software US Holdings Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.680%, CME Term SOFR + 4.250%, 02/01/2029 (F) | 2217 | 1132 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings, Inc., Tranche B-3 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.577%, CME Term SOFR + 2.250%, 02/10/2032 (F) | 525 | 522 |
| &nbsp;&nbsp;&nbsp; QXO Building Products, Inc., Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.280%, CME Term SOFR + 3.000%, 04/30/2032 (F) | 57 | 58 |
| &nbsp;&nbsp;&nbsp; Raven Acquisition Holdings, LLC, Delayed Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 11/19/2031  | 17 |  |
| &nbsp;&nbsp;&nbsp; Raven Acquisition Holdings, LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.577%, CME Term SOFR + 3.250%, 11/19/2031 (F) | 244 | 244 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Rocket Software, Inc., Extended Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.577%, CME Term SOFR + 4.250%, 11/28/2028 (F) | $302 | $302 |
| &nbsp;&nbsp;&nbsp; SCIH Salt Holdings Inc., Incremental Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.280%, CME Term SOFR + 3.000%, 01/31/2029 (F)(H) | 191 | 190 |
| &nbsp;&nbsp;&nbsp; Serta Simmons Bedding, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.914%, CME Term SOFR + 7.500%, 06/29/2028 (F) | 85 | 77 |
| &nbsp;&nbsp;&nbsp; Shutterfly Finance, LLC, Term B Loan, 2nd Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.333%, CME Term SOFR + 1.000%, 10/01/2027 (F) | 308 | 273 |
| &nbsp;&nbsp;&nbsp; Sinclair Television, Term Loan B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.736%, 12/31/2029  | 1460 | 1240 |
| &nbsp;&nbsp;&nbsp; Spectrum Group Buyer, Inc., Refinancing Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.780%, 05/19/2028  | 751 | 526 |
| &nbsp;&nbsp;&nbsp; SPX Flow, Inc., December 2024 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, CME Term SOFR + 3.000%, 04/05/2029 (F) | 246 | 246 |
| &nbsp;&nbsp;&nbsp; Star Parent, Inc., Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.299%, CME Term SOFR + 4.000%, 09/27/2030 (F) | 173 | 170 |
| &nbsp;&nbsp;&nbsp; Station Casinos LLC, Term B Facility, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.327%, CME Term SOFR + 2.250%, 03/14/2031 (F) | 977 | 976 |
| &nbsp;&nbsp;&nbsp; Team Health Holdings, Inc., Extended Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.530%, CME Term SOFR + 5.250%, 03/02/2027 (F) | 2490 | 2475 |
| &nbsp;&nbsp;&nbsp; Thunder Generation Funding, LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, PRIME + 2.000%, 10/03/2031 (F) | 1398 | 1398 |
| &nbsp;&nbsp;&nbsp; Topgolf Callaway Brands Corp., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.327%, 03/15/2030  | 166 | 162 |
| &nbsp;&nbsp;&nbsp; Travelport Finance (Luxembourg) S.a r.l., Term Loans, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.704%, CME Term SOFR + 5.145%, 09/29/2028 (F)(H) | 1150 | 922 |
| &nbsp;&nbsp;&nbsp; Traverse Midstream Partners LLC, Advance, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.280%, CME Term SOFR + 3.000%, 02/16/2028 (F) | 1516 | 1519 |
| &nbsp;&nbsp;&nbsp; U.S. Renal Care, Inc., Closing Date Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.441%, CME Term SOFR + 5.000%, 06/20/2028 (F) | 599 | 564 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; UKG Inc., 2024 Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.329%, CME Term SOFR + 3.000%, 02/10/2031 (F) | $154 | $154 |
| &nbsp;&nbsp;&nbsp; Varsity Brands, Inc., 2025 Replacement Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.830%, CME Term SOFR + 3.500%, 08/26/2031 (F) | 3141 | 3118 |
| &nbsp;&nbsp;&nbsp; Venator, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.299%, 07/16/2026  | 216 | 213 |
| &nbsp;&nbsp;&nbsp; Venator, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.322%, 10/12/2028  | 353 | 287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.261%, 01/16/2026  | 216 | 214 |
| &nbsp;&nbsp;&nbsp; VeriFone Systems, Inc., 2025-1 Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.211%, 08/18/2028  | 2675 | 2436 |
| &nbsp;&nbsp;&nbsp; Victra Holdings, LLC, Fourth Amendment Incremental Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.549%, CME Term SOFR + 4.250%, 03/31/2029 (F) | 2492 | 2486 |
| &nbsp;&nbsp;&nbsp; VistaJet Malta Finance P.L.C. (Vista Management Holding, Inc.), Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.048%, CME Term SOFR + 3.750%, 04/01/2031 (F) | 351 | 351 |
| &nbsp;&nbsp;&nbsp;&nbsp;W. R. Grace Holdings LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.549%, CME Term SOFR + 3.250%, 09/22/2028 (F)(H) | 169 | 169 |
| &nbsp;&nbsp;&nbsp; Wargam, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.481%, 06/28/2028 (C) | 2418 | 2503 |
| &nbsp;&nbsp;&nbsp; WaterBridge Midstream Operating LLC, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.053%, CME Term SOFR + 4.750%, 06/27/2029 (F)(H) | 4113 | 3949 |
| &nbsp;&nbsp;&nbsp; WEC US Holdings Ltd., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.574%, CME Term SOFR + 2.250%, 01/27/2031 (F) | 1567 | 1564 |
| &nbsp;&nbsp;&nbsp; Wellful Inc., Tranche A Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.441%, 04/19/2030 (H) | 1922 | 1893 |
| &nbsp;&nbsp;&nbsp; Wellful Inc., Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.441%, CME Term SOFR + 7.000%, 10/19/2030 (F)(H) | 3068 | 2451 |
| &nbsp;&nbsp;&nbsp; White Cap Supply Holdings, LLC, Tranche C Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.577%, CME Term SOFR + 3.250%, 10/19/2029 (F) | 766 | 758 |
| &nbsp;&nbsp;&nbsp; WideOpenWest, Super-Senior Second Out Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.503%, 12/11/2028  | 381 | 324 |
| &nbsp;&nbsp;&nbsp; X Corp., Tranche B-3 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 10/26/2029 (F) | 13594 | 13524 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Xplornet Communications Inc., Second Out Take Back Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.094%, 10/24/2031  | $| 1334 | $| 1037 |
| &nbsp;&nbsp;&nbsp; Xplornet Communications Inc., Super Senior First Out Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.594%, 10/24/2029  |  | 400 |  | 382 |
|  Total Loan Participations |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $188,716) ($ Thousands) |  |  |  | 172516 |
| **ASSET-BACKED SECURITIES — 7.5%** | **ASSET-BACKED SECURITIES — 7.5%** | **ASSET-BACKED SECURITIES — 7.5%** | **ASSET-BACKED SECURITIES — 7.5%** | **ASSET-BACKED SECURITIES — 7.5%** |
| **Other Asset-Backed Securities — 7.5%** | **Other Asset-Backed Securities — 7.5%** | **Other Asset-Backed Securities — 7.5%** |  |  |
| &nbsp;&nbsp;&nbsp; Ares LXXIV CLO, Ser 2024-74A, Cl SUB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/15/2037 (A)(C)(D)(F) |  | 3724 |  | 2979 |
| &nbsp;&nbsp;&nbsp; Ares XXXIV CLO, Ser 2020-2A, Cl FR |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.141%, TSFR3M + 8.862%, 04/17/2033 (A)(F) |  | 2304 |  | 2194 |
| &nbsp;&nbsp;&nbsp; Battalion CLO VIII, Ser 2015-8A, Cl SUB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/18/2030 (A)(C)(D)(F) |  | 4378 |  | 585 |
| &nbsp;&nbsp;&nbsp; Battalion CLO X, Ser 2016-10A, Cl SUB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/25/2035 (A)(C)(D)(F) |  | 6380 |  | 2507 |
| &nbsp;&nbsp;&nbsp; Battalion CLO XI, Ser 2017-11A, Cl SUB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/24/2034 (A)(C)(D)(F) |  | 10431 |  | 1408 |
| &nbsp;&nbsp;&nbsp; Battalion CLO XII, Ser 2018-12A, Cl SUB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 05/17/2031 (A)(C)(D)(F) |  | 8633 |  | 846 |
| &nbsp;&nbsp;&nbsp; Battalion CLO XIV, Ser 2019-14A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/20/2032 (C)(D)(F) |  | 6147 |  | 2314 |
| &nbsp;&nbsp;&nbsp; Battalion CLO XVI, Ser 2019-16A, Cl SUB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/20/2038 (A)(C)(D)(F) |  | 9480 |  | 3323 |
| &nbsp;&nbsp;&nbsp; Battalion CLO XVI, Ser 2024-16A, Cl CR2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.270%, TSFR3M + 2.000%, 01/20/2038 (A)(F) |  | 431 |  | 432 |
| &nbsp;&nbsp;&nbsp; Battalion CLO XVI, Ser 2024-16A, Cl ER2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.360%, TSFR3M + 7.090%, 01/20/2038 (A)(F) |  | 392 |  | 388 |
| &nbsp;&nbsp;&nbsp; Battalion CLO XX, Ser 2021-20A, Cl SUB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/15/2034 (C)(D)(F) |  | 21391 |  | 6578 |
| &nbsp;&nbsp;&nbsp; Battalion CLO XX, Ser 2025-20A, Cl ER |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.570%, TSFR3M + 6.250%, 04/15/2038 (A)(F) |  | 1580 |  | 1557 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO III, Ser 2013-IIIA, Cl SUB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/20/2029 (A)(C)(D)(F) |  | 2640 |  | 137 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO IV |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/20/2026 (A)(C)(I) |  | 6657 |  | 2596 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO IX |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/20/2025 (A)(C)(I) |  | 6469 |  | 6011 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO V, Ser 2018-5BA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/20/2031 (C)(D) |  | 13783 |  | 5278 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO V-B, Ser 2024-5BA, Cl FR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.070%, TSFR3M + 7.800%, 07/20/2037 (A)(F) | $100 | $100 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO VI, Ser 2015-VIA, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/18/2029 (A)(C)(D)(F) | 11800 | 4720 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO VII, Ser 2015-VIII, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/18/2027 (C)(D)(F) | 9035 | 361 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO VIII |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/20/2031 (C)(D) | 9000 | 1197 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO X, Ser 2016-10A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/20/2034 (A)(C)(D)(F) | 10939 | 5139 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XII, Ser 2017-12A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/15/2030 (A)(C)(D)(F) | 4836 | 4254 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XIV, Ser 2018-14A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/20/2037 (A)(C)(D)(F) | 17880 | 6107 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XVIII, Ser 2019-18A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/15/2034 (A)(C)(D)(F) | 6048 | 3830 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XX, Ser 2020-20A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/15/2034 (A)(C)(D)(F) | 3469 | 2608 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XXIII, Ser 2021-23A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/25/2034 (C)(D) | 4843 | 3101 |
| &nbsp;&nbsp;&nbsp; Cathedral Lake CLO, Ser 2015-3A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/15/2026 (A)(C)(D)(F) | 3653 | 329 |
| &nbsp;&nbsp;&nbsp; Cathedral Lake V, Ser 2018-5A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/21/2030 (A)(C)(D)(F) | 5673 | 57 |
| &nbsp;&nbsp;&nbsp; First Eagle Berkeley Fund CLO LLC, Ser 2016-1A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/25/2028 (A)(C)(D)(F) | 21812 | 3527 |
| &nbsp;&nbsp;&nbsp; Great Lakes CLO, Ser 2015-1A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/16/2030 (A)(C)(D)(F) | 6015 | 2181 |
| &nbsp;&nbsp;&nbsp; IVY Hill Middle Market Credit Fund XII, Ser 2017-12A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/20/2037 (A)(C)(D)(F) | 2151 | 1602 |
| &nbsp;&nbsp;&nbsp; LCM Ltd |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/20/2032 (C)(D) | 1998 | 797 |
| &nbsp;&nbsp;&nbsp; MidOcean Credit CLO XVI, Ser 2024-16A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/20/2037 (A)(C)(D)(F) | 3245 | 2450 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman CLO XXII, Ser 2016-22A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/17/2030 (A)(C)(D)(F) | 5235 | 1675 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers CLO XLI |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/20/2032 (C)(D) (J) | 3394 | 1407 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers CLO XXXIX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/20/2032 (C)(D) (J) | 5795 | 2955 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers CLO XXXVI, Ser 2020-36A, Cl INC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/20/2033 (A)(C)(D)(F) | $1780 | $907 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers CLO XXXVI, Ser 2020-36A, Cl SPIN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.114%, 04/20/2033 (A)(C)(F) | 23 | 7 |
| &nbsp;&nbsp;&nbsp; NewStar Fairfield Fund CLO, Ser 2015-2A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/20/2030 (A)(C)(D)(F) | 9028 | 1423 |
| &nbsp;&nbsp;&nbsp; NewStar Fairfield Fund CLO, Ser 2018-2A, Cl DN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.911%, TSFR3M + 7.642%, 04/20/2030 (A)(F) | 3450 | 3265 |
| &nbsp;&nbsp;&nbsp; OCP CLO, Ser 2017-14A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/20/2037 (A)(C)(D)(F) | 3797 | 1424 |
| &nbsp;&nbsp;&nbsp; OCP CLO, Ser 2020-19A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 04/20/2038 (A)(C)(D)(F) | 2334 | 1751 |
| &nbsp;&nbsp;&nbsp; OCP CLO, Ser 2021-21A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/20/2034 (C)(D) | 12027 | 7528 |
| &nbsp;&nbsp;&nbsp; TCP Whitney CLO, Ser 2017-1I, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 08/20/2029 (C)(D)(F) | 13119 | 6006 |
| &nbsp;&nbsp;&nbsp; TCW CLO, Ser 2017-1A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/29/2034 (A)(C)(D)(F) | 7377 | 2508 |
| &nbsp;&nbsp;&nbsp; TCW CLO, Ser 2018-1A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/25/2035 (A)(C)(D)(F) | 9389 | 2535 |
| &nbsp;&nbsp;&nbsp; TCW CLO, Ser 2019-2A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/20/2038 (A)(C)(D)(F) | 9217 | 4516 |
| &nbsp;&nbsp;&nbsp; TCW CLO, Ser 2024-1A, Cl ER3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.752%, TSFR3M + 7.470%, 10/25/2035 (A)(F) | 1731 | 1712 |
| &nbsp;&nbsp;&nbsp; TCW CLO, Warehouse Note, Ser 2020-1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, (C)(D) (J) | 8523 | 3580 |
| &nbsp;&nbsp;&nbsp; Venture 35 CLO, Ser 2018-35A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/22/2031 (A)(C)(D)(F) | 15819 | 949 |
| &nbsp;&nbsp;&nbsp; Venture XXVI CLO, Ser 2017-26A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/20/2029 (A)(C)(D)(F) | 2865 |  |
| &nbsp;&nbsp;&nbsp; Venture XXVIII CLO, Ser 2017-28A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/20/2030 (A)(C)(D)(F) | 5750 | 58 |
| &nbsp;&nbsp;&nbsp; VOYA CLO, Ser 2020-2A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/20/2038 (A)(C)(D)(F) | 8134 | 5897 |
| &nbsp;&nbsp;&nbsp; Voya CLO, Ser 2024-6A, Cl SUB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/20/2038 (A)(C)(D)(F) | 9667 | 8314 |
| &nbsp;&nbsp;&nbsp; Wind River |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/20/2033 (C)(D) | 19320 | 7341 |
| &nbsp;&nbsp;&nbsp; Wind River CLO, Ser 2025-3A, Cl ER |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.521%, TSFR3M + 6.250%, 04/20/2038 (A)(F) | 3376 | 3393 |
|  Total Asset-Backed Securities |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $63,862) ($ Thousands) |  | 150644 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 1.4%** | **COMMON STOCK — 1.4%** | **COMMON STOCK — 1.4%** |
| &nbsp;&nbsp;&nbsp; 21st Century Oncology <sup>\*</sup>(C) | 22017 | $331 |
| &nbsp;&nbsp;&nbsp; Air Methods <sup>\*</sup>(B)(C) | 3394 | 465 |
| &nbsp;&nbsp;&nbsp; Aquity Holdings Inc <sup>\*</sup>(C) | 89545 | 14 |
| &nbsp;&nbsp;&nbsp; Arctic Canadian Diamond Co. <sup>\*</sup>(C) | 1633 | 110 |
| &nbsp;&nbsp;&nbsp; Audacy <sup>\*</sup>(C) | 11563 | 156 |
| &nbsp;&nbsp;&nbsp; Avaya Inc. <sup>\*</sup>(B)(C) | 205996 | 1493 |
| &nbsp;&nbsp;&nbsp; Beasley Broadcast Group Inc. <sup>\*</sup>(C) | 4344 | 16 |
| &nbsp;&nbsp;&nbsp; Burgundy Diamond Mines <sup>\*</sup>(B) | 2701454 | 43 |
| &nbsp;&nbsp;&nbsp; Carestream Health Holdings Inc <sup>\*</sup>(C) | 123791 | 1910 |
| &nbsp;&nbsp;&nbsp; CHC Group LLC <sup>\*</sup> | 1444 |  |
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings Inc, Cl A <sup>\*</sup> | 66059 | 71 |
| &nbsp;&nbsp;&nbsp; Cornerstone Chemical Co <sup>\*</sup>(C) | 269066 | 5167 |
| &nbsp;&nbsp;&nbsp; Endo Inc <sup>\*</sup> | 22316 | 469 |
| &nbsp;&nbsp;&nbsp; Endo Trust <sup>\*</sup>(C) | 45274 | 23 |
| &nbsp;&nbsp;&nbsp; Envision Healthcare <sup>\*</sup>(B) | 258960 | 3658 |
| &nbsp;&nbsp;&nbsp; Enviva Inc. <sup>\*</sup> | 236520 | 3883 |
| &nbsp;&nbsp;&nbsp; ESC NMG Parent LLC (C) | 9899 | 254 |
| &nbsp;&nbsp;&nbsp; Frontier Communications Parent Inc <sup>\*</sup> | 8108 | 294 |
| &nbsp;&nbsp;&nbsp; Guitar Center <sup>\*</sup>(B)(C) | 24502 | 2219 |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Corp <sup>\*</sup> | 1648 | 316 |
| &nbsp;&nbsp;&nbsp; Gymboree Corp <sup>\*</sup>(B)(C) | 18542 |  |
| &nbsp;&nbsp;&nbsp; Gymboree Holding Corp <sup>\*</sup>(B)(C) | 52848 |  |
| &nbsp;&nbsp;&nbsp; iHeartMedia Inc, Cl A <sup>\*</sup> | 14876 | 19 |
| &nbsp;&nbsp;&nbsp; Incora Intermediate LLC (C) | 13335 | 267 |
| &nbsp;&nbsp;&nbsp; Incora Top Holdco LLC (C) | 368 | 9 |
| &nbsp;&nbsp;&nbsp; Intelsat Emergene SA <sup>\*</sup>(C) | 45143 | 1834 |
| &nbsp;&nbsp;&nbsp; Lannett <sup>\*</sup>(C) | 142313 | 309 |
| &nbsp;&nbsp;&nbsp; Mallinckrodt PLC <sup>\*</sup>(C) | 7431 | 630 |
| &nbsp;&nbsp;&nbsp; Medical Card Systems <sup>\*</sup>(C) | 395653 | 124 |
| &nbsp;&nbsp;&nbsp; Monitronics International <sup>\*</sup>(C) | 9156 | 92 |
| &nbsp;&nbsp;&nbsp; MYT Holding LLC <sup>\*</sup>(C) | 461765 | 115 |
| &nbsp;&nbsp;&nbsp; Nabors Industries Ltd <sup>\*</sup> | 28618 | 739 |
| &nbsp;&nbsp;&nbsp; Neiman Marcus Group <sup>\*</sup>(C) | 1051 | 142 |
| &nbsp;&nbsp;&nbsp; Nine West <sup>\*</sup>(B)(C) | 163718 | 273 |
| &nbsp;&nbsp;&nbsp; Rite Aid <sup>\*</sup>(B)(C) | 4517 |  |
| &nbsp;&nbsp;&nbsp; SandRidge Energy Inc  | 232 | 2 |
| &nbsp;&nbsp;&nbsp; Serta Simmons Bedding LLC <sup>\*</sup> | 20716 | 186 |
| &nbsp;&nbsp;&nbsp; Spirit Airlines  | 100269 | 557 |
| &nbsp;&nbsp;&nbsp; SSB Equipment Company <sup>\*</sup>(C) | 20716 |  |
| &nbsp;&nbsp;&nbsp; Venator Materials <sup>\*</sup> | 696 | 139 |
| &nbsp;&nbsp;&nbsp; VICI Properties Inc, Cl A <sup>‡</sup> | 36060 | 1143 |
| &nbsp;&nbsp;&nbsp; Xplore Inc <sup>\*</sup>(C) | 80882 | 884 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $37,065) ($ Thousands) |  | 28356 |
| **PREFERRED STOCK — 0.5%** | **PREFERRED STOCK — 0.5%** | **PREFERRED STOCK — 0.5%** |
| &nbsp;&nbsp;&nbsp; Claire's Stores Inc, 0.000% \*<sup>\*</sup>(C)(D)(G) | 1797 |  |
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association, 8.250% \*<sup>\*</sup>(F)(G) | 17175 | 245 |
| &nbsp;&nbsp;&nbsp; FHLMC, 4.855% \*<sup>\*</sup>(F)(G) | 29819 | 564 |
| &nbsp;&nbsp;&nbsp; FNMA, 0.000% \*<sup>\*</sup>(D)(F)(G) | 43993 | 869 |
| &nbsp;&nbsp;&nbsp; Foresight, 0.000% \*<sup>\*</sup>(C)(D)(G) | 60593 | 205 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **PREFERRED STOCK (continued)** | **PREFERRED STOCK (continued)** | **PREFERRED STOCK (continued)** | **PREFERRED STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Guitar Center Inc, 0.000% \*<sup>\*</sup>(B)(C)(D)(G) | 782 | $| 72 |
| &nbsp;&nbsp;&nbsp; MYT Holding LLC, 10.000%  | 516164 |  | 614 |
| &nbsp;&nbsp;&nbsp; Osaic Financial Services, 6.500%  | 102399 |  | 2110 |
| &nbsp;&nbsp;&nbsp; Syniverse, 0.000% \*<sup>\*</sup>(C)(D)(G) | 6182543 |  | 6084 |
|  Total Preferred Stock  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $11,708) ($ Thousands) |  |  | 10763 |
|  | Face Amount <br> (Thousands) |  |  |
| **CONVERTIBLE BONDS — 0.5%** | **CONVERTIBLE BONDS — 0.5%** | **CONVERTIBLE BONDS — 0.5%** | **CONVERTIBLE BONDS — 0.5%** |
| &nbsp;&nbsp;&nbsp; Blackstone Mortgage Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2027 | $802 |  | 777 |
| &nbsp;&nbsp;&nbsp; DISH Network |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 12/15/2025(I) | 2122 |  | 1909 |
| &nbsp;&nbsp;&nbsp; Finance of America Funding LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 11/30/2029(A) | 2402 |  | 2758 |
| &nbsp;&nbsp;&nbsp; JetBlue Airways |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 09/01/2029(A) | 2208 |  | 2290 |
| &nbsp;&nbsp;&nbsp; Liberty Interactive LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 11/15/2029 | 378 |  | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/15/2030 | 4177 |  | 626 |
| &nbsp;&nbsp;&nbsp; Lucid Group |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 12/15/2026(A) | 935 |  | 813 |
| &nbsp;&nbsp;&nbsp; MKS |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 06/01/2030 | 470 |  | 430 |
| &nbsp;&nbsp;&nbsp; North Sea Natural Resources |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/23/2028(C)(D) | 889 |  | 89 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/23/2028(C)(D) | 118 |  | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/23/2028(C)(D) | 47 |  | 5 |
| &nbsp;&nbsp;&nbsp; Rite Aid |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 12/31/2049(B)(C)(D) | 451 |  |  |
| &nbsp;&nbsp;&nbsp; Silver Airways LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16.000%, 12/31/2027(C)(E) | 6774 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16.000%, 01/07/2028(C)(E) | 892 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16.000%, 01/07/2028(C)(E) | 2022 |  |  |
| &nbsp;&nbsp;&nbsp; Tacora |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.000%, 09/19/2031(C) | 94 |  | 94 |
|  Total Convertible Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $21,923) ($ Thousands) |  |  | 9853 |
| **U.S. TREASURY OBLIGATIONS — 0.2%** | **U.S. TREASURY OBLIGATIONS — 0.2%** | **U.S. TREASURY OBLIGATIONS — 0.2%** | **U.S. TREASURY OBLIGATIONS — 0.2%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/15/2035  | 1400 |  | 1384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/30/2030  | 1390 |  | 1385 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $2,751) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $2,751) ($ Thousands) |  | 2769 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Number of<br> Warrants | Market Value<br> ($ Thousands) |
| **WARRANTS — 0.1%** | **WARRANTS — 0.1%** | **WARRANTS — 0.1%** |
| &nbsp;&nbsp;&nbsp; Air Methods |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $– <sup>\*</sup><sup>‡</sup><sup>‡</sup>(B)(C) | 29827 | $2210 |
| &nbsp;&nbsp;&nbsp; Audacy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $– <sup>\*</sup><sup>‡</sup><sup>‡</sup> | 20176 | 22 |
| &nbsp;&nbsp;&nbsp; Guitar Center Tranche I, Expires 12/22/2070 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $100.00 <sup>\*</sup>(B)(C) | 5960 | 194 |
| &nbsp;&nbsp;&nbsp; Guitar Center Tranche II, Expires 12/22/2070 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $160.00 <sup>\*</sup>(B)(C) | 6486 | 86 |
| &nbsp;&nbsp;&nbsp; Guitar Center Tranche III, Expires 12/22/2070 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $100.00 <sup>\*</sup>(B)(C) | 526 | 7 |
| &nbsp;&nbsp;&nbsp; Intelsat |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $– <sup>\*</sup><sup>‡</sup><sup>‡</sup>(C) | 6 |  |
| &nbsp;&nbsp;&nbsp; Mavenir |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $– <sup>\*</sup><sup>‡</sup><sup>‡</sup>(B)(C) | 1198040 |  |
| &nbsp;&nbsp;&nbsp; Silver Airways |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $– <sup>\*</sup><sup>‡</sup><sup>‡</sup>(C) | 3 |  |
| &nbsp;&nbsp;&nbsp; Spirit Aviation Holdings, Expires 03/15/2030 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $11.50 <sup>\*</sup> | 12081 | 66 |
| &nbsp;&nbsp;&nbsp; Tacora |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strike Price $– <sup>\*</sup><sup>‡</sup><sup>‡</sup>(C) | 26080 | 26 |
|  Total Warrants |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,226) ($ Thousands) |  | 2611 |
|  | <br> Shares |  |
| **CASH EQUIVALENT — 2.3%** | **CASH EQUIVALENT — 2.3%** | **CASH EQUIVALENT — 2.3%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 46231207 | 46231 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $46,231) ($ Thousands) |  | 46231 |
| Total Investments in Securities — 98.8% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,952,588) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $1,952,588) ($ Thousands)  | $1980980 |

---

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: |
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| Barclays PLC | 06/12/25 | AUD | 197 | USD | 124 | $(2) |
| Barclays PLC | 06/12/25 | CAD | 1215 | USD | 846 | (38) |
|  |  |  |  |  |  | $(40) |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $2,004,311 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>‡</sup><sup>‡</sup> | Expiration date not available. |
| (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 May 31, 2025, the value of these securities amounted to $1,447,494 ($ Thousands), representing 72.2% of the Net Assets of the Fund. |
| (B) | Security considered restricted, excluding 144A. The total market value of such securities as of May 31, 2025 was $58,689 ($ Thousands) and represented 2.9% of the Net Assets of the Fund. See table below for acquisition dates and acquisition cost. |
| (C) | Level 3 security in accordance with fair value hierarchy. |
| (D) | No interest rate available. |
| (E) | Security is in default on interest payment. |
| (F) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (G) | Perpetual security with no stated maturity date. |
| (H) | Unsettled bank loan. Interest rate may not be available. |
| (I) | Zero coupon security.  |
| (J) | No maturity date available. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1<br> ($)** | **Level 2<br> ($)** | **Level 3<br> ($)** | **Total<br> ($)** |
| &nbsp;&nbsp;&nbsp; Corporate Obligations |  | 1547246 | 9991 | 1557237 |
| &nbsp;&nbsp;&nbsp; Loan Participations |  | 149745 | 22771 | 172516 |
| &nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 13040 | 137604 | 150644 |
| &nbsp;&nbsp;&nbsp; Common Stock | 3235 | 8284 | 16837 | 28356 |
| &nbsp;&nbsp;&nbsp; Preferred Stock | 1114 | 3288 | 6361 | 10763 |
| &nbsp;&nbsp;&nbsp; Convertible Bonds |  | 9654 | 199 | 9853 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations |  | 2769 |  | 2769 |
| &nbsp;&nbsp;&nbsp; Warrants |  | 88 | 2523 | 2611 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 46231 | – | – | 46231 |
|  Total Investments in Securities | 50580 | 1734114 | 196286 | 1980980 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Forward Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation |  | (40) |  | (40) |
| Total Other Financial Instruments |  | (40) |  | (40) |

---

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

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Continued)

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining value ($ Thousands):

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | Investments in Corporate Obligations | Investments in Loan Participations | Investments in Asset-Backed Securities | Investments in Common Stock | Investments in Preferred Stock | Investments in Convertible Bonds | Investments in Warrants |
|  Balance as of May 31, 2024 | $8555 | $16666 | $127113 | $19319 | $8358 | $4170 | $1324 |
|  Accrued discounts/premiums | (1129) | 54 |  |  |  | 5 |  |
|  Realized gain/(loss) | (1281) | 703 | 18661 | 363 |  | 298 |  |
|  Change in unrealized appreciation/(depreciation) | 1899 | 603 | (9476) | 1193 | (2288) | (6480) | 1173 |
|  Purchases | 541 | 4042 | 43746 | 417 | 342 | 2447 |  |
|  Sales | (6115) | (4269) | (42440) | (5869) | (51) | (335) |  |
|  Net transfer into Level 3 | 7521 | 10594 |  | 1414 |  | 94 | 26 |
|  Net transfer out of Level 3 |  | (5622) |  |  |  |  |  |
|  Ending Balance as of May 31, 2025<sup>(1)</sup> | $9991 | $22771 | $137604 | $16837 | $6361 | $199 | $2523 |
|  Changes in unrealized gains/(losses) included in earnings related to securities still held at reporting date | $(4884) | $(2287) | $(8940) | $(694) | $(1445) | $(6635) | $1262 |

---

(1) Of the $196,286 ($ Thousands) in Level 3 securities as of May 31, 2025, $47,291,($ thousand) or 2.4% of the Net Assets of the Fund are not valued via third party pricing vendors and broker quotes. If significant, the disclosure of the unobservable inputs and the interrelationships and sensitivity between these inputs are required for those Level 3 securities that are not valued by third party pricing vendors or broker quotes.

---

| | | | | |
|:---|:---|:---|:---|:---|
| Category | Market Value <br> at May 31, 2025 ($ Thousands) | Valuation Technique | Unobservable Inputs | Range Input Value(s) <br> (Average Input Value) |
| Corporate Obligation | $9645 | Income Approach | EBITDA | 61m |
|  |  |  | EBITDA multiple | 9.1x |
|  |  |  | Weighted Average Cost of Capital | 10.5% - 12.5% |
|  |  | Discounted cash flow model | Implied total yield | 14.61% - 16.61% |
|  |  | Enterprise multiple based on Bankruptcy Exit Plan valuation discounted to reflect incremental risk in the appeal of the litigation; bond value based on equity value as if bonds were converted) |  | N/A |
| Loan Participations | 16895 | Discounted cash flow model | Implied total yield | 9.80% - 10.20% |
|  |  | Discounted cash flow model | Implied credit spread | 13.73% - 14.73% |
|  |  | Discounted cash flow model | Implied credit spread | 7.80% - 8.80% |
|  |  | Market Approach | NFY Net Revenue | $256.7m |
|  |  |  | Multiple | 0.30x - 0.35x |
|  |  | Discounted cash flow model | Implied credit spread | 7.65% - 8.70% |
|  |  | Enterprise Valuation Approach | EBITDA | $102.3m - $131.2m |
|  |  |  | EBITDA multiple | 4.5x - 6.0x |
|  |  | Enterprise Valuation Approach | EBITDA | $102.3m - $131.2m |
|  |  |  | EBITDA multiple | 4.5x - 6.0x |
|  |  | Enterprise Valuation Approach | EBITDA | $102.3m - $131.2m |
|  |  |  | EBITDA multiple | 4.5x - 6.0x |
|  |  | Enterprise Valuation Approach | EBITDA | $102.3m - $131.2m |
|  |  |  | EBITDA multiple | 4.5x - 6.0x |
|  |  | Enterprise Valuation Approach | EBITDA | $102.3m - $131.2m |
|  |  |  | EBITDA multiple | 4.5x - 6.0x |
|  |  | Enterprise Valuation Approach | EBITDA | $102.3m - $131.2m |
|  |  |  | EBITDA multiple | 4.5x - 6.0x |
|  |  | Enterprise Valuation Approach | EBITDA | $102.3m - $131.2m |
|  |  |  | EBITDA multiple | 4.5x - 6.0x |
|  |  | Discounted cash flow model | Implied credit spread | 8.17% - 9.17% |
| Common Stock | 12230 | Market Approach | EBITDA Multiple | 6.4x |
|  |  | Estimated recovery Model | Escrow | $2.5m |
|  |  |  | Discount Rate | 35.00% |
|  |  | Estimated recovery model | Deferred Cash Considerations | $0.4m |
|  |  |  | Debt discount factor | 6.57% |
|  |  | Weighted valuation techniques | EBITDA | $136.5m |
|  |  |  | EBITDA multiple | 3.50x - 4.00x |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Category | Market Value <br> at May 31, 2025 ($ Thousands) | Valuation Technique | Unobservable Inputs | Range Input Value(s) <br> (Average Input Value) |
|  |  |  | Valuation case probability weighting | 50.00% |
|  |  | Weighted valuation techniques | EBITDA | 61m |
|  |  |  | EBITDA multiple | 9.1x |
|  |  |  | Weighted Average Cost of Capital | 10.5% - 12.5% |
|  |  | Weighted valuation techniques | EBITDA | $121m - 161m |
|  |  |  | EBITDA multiple | 6.00x - 9.75x |
|  |  |  | Weighted Average Cost of Capital | 14.3% |
|  |  |  | Valuation case probability weighting | 50% |
|  |  | Weighted valuation techniques | Revenues | 256.7m |
|  |  |  | Multiple Range | 0.30x - 0.35x |
|  |  | Estimated recovery Model | Estimated Excess RBC | $13.7m |
|  |  |  | Estimated Indemnity escrow | $24.5m |
|  |  |  | Discount Rate | 45% |
|  |  | Market Approach | EBITDA | $98m - 130m |
|  |  |  | Multiple | 11.00x - 15.00x |
|  |  | Acquisition Price - we received $137.7 per NMG share when Saks bought the business. Of which, $112 (81%) was received in cash and $25.7 (19%) was received in TL. $25.7 is the Par Value of the 13% PIK TL due 2026, expressed in equity dollars until the TL closes. | None | N/A |
|  |  | Enterprise multiple based on Bankruptcy Exit Plan valuation (for equity received in exchange of 2024/27 notes) | None | N/A |
|  |  | Enterprise multiple based on Bankruptcy Exit Plan valuation discounted to reflect incremental risk in the appeal of the litigation (for equity received in exchange of the 2026 notes) | None | N/A |
| | | Comparable multiple analysis using an average forward EBITDA multiple of publicly traded peers, discounted to account for smaller scale of operations ownership | None | N/A |
| Preferred Stock | 5798 | Weighted valuation techniques | EBITDA | $121m - 161m |
|  |  |  | EBITDA multiple | 6.00x - 9.75x |
|  |  |  | Weighted Average Cost of Capital | 14.3% |
|  |  |  | Valuation case probability weighting | 50.0% |
| | | Discounted cash flow model | Implied total yield | 11.88% - 13.88% |
| Convertible Bond | 200 | Milestone Approach | Price per barrel | $60 |
|  |  |  | Success probability | 0% - 39% |
|  |  | Milestone Approach | Price per barrel | $60 |
|  |  |  | Success probability | 0% - 39% |
|  |  | Milestone Approach | Price per barrel | $60 |
|  |  |  | Success probability | 0% - 39% |
|  |  | Weighted valuation techniques | Asset Value | $366m |
|  |  |  | EBITDA | $70.4m |
|  |  |  | EBITDA multiple | 4.0x - 6.0x |
| | | | Valuation case probability weighting | 0.5 |
| Warrants | 2523 | Black-Scholes Model | Volatility | 40.0% |
|  |  |  | Risk-free rate | 4.1% |
|  |  |  | Share Price | $136.96 |
|  |  | Black-Scholes Model | Volatility | 40.0% |
|  |  |  | Risk-free rate | 4.1% |
|  |  |  | Share Price | $136.96 |
|  |  | Market Approach | EBITDA Multiple | 6.4x |
|  |  | Market Approach | EBITDA Multiple | 6.4x |
|  |  | Weighted valuation techniques | Asset Value | $366m |
|  |  |  | EBITDA | $70.4m |
|  |  |  | EBITDA multiple | 4.0x - 6.0x |
|  |  |  | Valuation case probability weighting | 50.0% |
|  |  | Weighted valuation techniques | EBITDA | $121m - 161m |
|  |  |  | EBITDA multiple | 6.00x - 9.75x |
|  |  |  | Weighted Average Cost of Capital | 14.3% |
|  |  |  | Valuation case probability weighting | 50.0% |
|  |  | Weighted valuation techniques | EBITDA | $121m - 161m |
|  |  |  | EBITDA multiple | 6.00x - 9.75x |
|  |  |  | Weighted Average Cost of Capital | 14.3% |
|  |  |  | Valuation case probability weighting | 50.0% |
|  |  | Weighted valuation techniques | EBITDA | $121m - 161m |
|  |  |  | EBITDA multiple | 6.00x - 9.75x |
|  |  |  | Weighted Average Cost of Capital | 14.3% |
| | | | Valuation case probability weighting | 50.0% |
| Total | $47291 |  |  |  |

---

For the year ended May 31, 2025, transfers in or out of Level 3 were due to the availability or lack of availability of observable inputs to determine fair value.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**High Yield Bond Fund** (Concluded)

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $50114 | $874511 | $(878394) | $— | $— | $46231 | $3093 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: |
| Description | Face Amount ($ Thousands)/ Shares/ Number of Warrants | Acquisition Date | Cost ($ Thousands) | Market Value<br> ($ Thousands) |
| **Corporate Obligations** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Endo Finance Holdings | $4602 | 4/26/2024 | $– | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Envision Healthcare | 3150 | 11/16/2023 |  | 105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expand Energy | 5865 | 12/2/2024 |  | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freedom Mortgage | 2272 | 9/18/2023 | 2339 | 2437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freedom Mortgage Holdings LLC | 2775 | 1/25/2024 | 2861 | 2861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GrubHub Holdings | 5270 | 6/7/2019 | 5214 | 4862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Monitronics International (Escrow Security) | 10706 | 9/6/2019 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mountain Province Diamonds, Inc. | 2609 | 12/16/2022 | 2564 | 2359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northwest Acquisitions ULC | 3290 | 10/2/2019 | 2312 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rite Aid | 2515 | 9/27/2024 | 1654 | 234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Zayo Group Holdings | 12686 | 2/21/2020 | 11351 | 11685 |
| **Loan Participations** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Avaya Inc., Initial Term Loan, 1st Lien | 7841 | 4/27/2023 | 7236 | 6162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GatesAir, Term Loan | 1814 | 8/9/2022 | 1787 | 1803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; LifeScan Global Corporation, Initial Term Loan, 1st Lien | 12108 | 3/3/2022 | 10256 | 7991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Amendment No. 1 Initial Term Loan, 1st Lien | 238 | 11/25/2024 | 236 | 351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Amendment No. 2 Term Loan, 1st Lien | 644 | 12/5/2024 | 573 | 951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Amendment No. 3 Term Loan | 482 | 12/19/2024 | 477 | 712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Delayed Draw Term Loan, 1st Lien | 168 | 10/23/2024 | 168 | 247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Initial Term Loan, 1st Lien | 521 | 10/23/2024 | 447 | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Initial Term Loan, 1st Lien | 679 | 7/13/2022 | 646 | 252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mavenir Systems, Inc., Initial Term Loan, 1st Lien | 7597 | 8/17/2021 | 6575 | 2819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Brands Group Holdings LLC, Term Loan B-1 | 1364 | 4/1/2025 | 1364 | 1364 |
| **Common Stock** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Methods | 3394 | 1/8/2024 | 76 | 465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Avaya Inc. | 205996 | 5/5/2023 | 3051 | 1493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Burgundy Diamond Mines | 2701454 | 7/21/2023 | 450 | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Envision Healthcare | 258960 | 1/18/2024 | 2201 | 3658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Guitar Center | 24502 | 1/8/2021 | 3105 | 2219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gymboree Corp | 18542 | 10/10/2017 | 232 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gymboree Holding Corp | 52848 | 10/10/2017 | 958 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nine West | 163718 | 5/20/2019 | 3479 | 273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rite Aid | 4517 | 9/27/2024 |  |  |
| **Preferred Stock** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Guitar Center Inc | 782 | 1/8/2021 | 74 | 72 |
| **Convertible Bond** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rite Aid | 451 | 9/27/2024 | 266 |  |
| **Warrants** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Methods | 21323 | 1/8/2024 | 286 | 1045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Methods | 8504 | 3/27/2024 | 198 | 1165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Guitar Center Tranche I | 5960 | 1/8/2021 | 327 | 194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Guitar Center Tranche II | 6486 | 1/8/2021 | 233 | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Guitar Center Tranche III | 526 | 1/8/2021 | 19 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mavenir | 1198040 | 12/2/2024 | – | – |
|  |  |  | $73015 | $58689 |

---

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

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS — 61.5%** | **CORPORATE OBLIGATIONS — 61.5%** | **CORPORATE OBLIGATIONS — 61.5%** |
| **Communication Services — 6.8%** | **Communication Services — 6.8%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/15/2065  | $621 | $595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2055  | 810 | 783 |
| &nbsp;&nbsp;&nbsp; America Movil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 03/30/2040  | 275 | 279 |
| &nbsp;&nbsp;&nbsp; AT&T  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 08/15/2056  | 400 | 401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 12/01/2057  | 3430 | 2348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 06/01/2051  | 210 | 146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 09/15/2059  | 1531 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 09/15/2055  | 1975 | 1306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 06/01/2041  | 30 | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/15/2053  | 1391 | 924 |
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC / Charter Communications Operating Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.834%, 10/23/2055  | 15 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.484%, 10/23/2045  | 798 | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/01/2048  | 866 | 760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/01/2063  | 385 | 315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 05/01/2047  | 1039 | 873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 07/01/2049  | 270 | 217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 03/01/2050  | 295 | 228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 12/01/2061  | 115 | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 06/01/2052  | 790 | 521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 04/01/2061  | 745 | 459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 04/01/2051  | 250 | 161 |
| &nbsp;&nbsp;&nbsp; Comcast  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.049%, 11/01/2052  | 350 | 258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.969%, 11/01/2047  | 878 | 658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 02/01/2050  | 40 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.987%, 11/01/2063  | 1538 | 847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.937%, 11/01/2056  | 3718 | 2126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.887%, 11/01/2051  | 359 | 213 |
| &nbsp;&nbsp;&nbsp; COX Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/30/2043 (A) | 352 | 272 |
| &nbsp;&nbsp;&nbsp; Electronic Arts  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 02/15/2051  | 328 | 200 |
| &nbsp;&nbsp;&nbsp; Fox  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.576%, 01/25/2049  | 95 | 87 |
| &nbsp;&nbsp;&nbsp; Meta Platforms  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/15/2063  | 85 | 84 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 05/15/2053  | 1070 | 1047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 08/15/2064  | 970 | 928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 08/15/2054  | 790 | 750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 08/15/2052  | 465 | 384 |
| &nbsp;&nbsp;&nbsp; Rogers Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/15/2044  | 567 | 494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/15/2043  | 117 | 96 |
| &nbsp;&nbsp;&nbsp; Time Warner Cable LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.300%, 07/01/2038  | 235 | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 06/15/2039  | 235 | 238 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, 05/01/2037  | $| 65 | $65 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/15/2040  |  | 250 | 234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/01/2041  |  | 270 | 238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 09/15/2042  |  | 365 | 281 |
| &nbsp;&nbsp;&nbsp; T-Mobile USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/15/2054  |  | 75 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/15/2055  |  | 540 | 526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 09/15/2062  |  | 115 | 110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 01/15/2054  |  | 542 | 520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 01/15/2053  |  | 391 | 370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/2055  |  | 165 | 152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 11/15/2060  |  | 595 | 387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 10/15/2052  |  | 670 | 437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/15/2041  |  | 1475 | 1055 |
| &nbsp;&nbsp;&nbsp; Verizon Communications  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 11/01/2042  |  | 100 | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 03/22/2051  |  | 663 | 464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 03/22/2041  |  | 2610 | 1973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.987%, 10/30/2056  |  | 2230 | 1306 |
| &nbsp;&nbsp;&nbsp; Vodafone Group PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/28/2064  |  | 400 | 374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/28/2054  |  | 305 | 286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 02/10/2053  |  | 160 | 147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/19/2049  |  | 151 | 126 |
| &nbsp;&nbsp;&nbsp; Walt Disney  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 01/13/2051  |  | 1240 | 891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 09/01/2049  |  | 95 | 58 |
| &nbsp;&nbsp;&nbsp; Warnermedia Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.141%, 03/15/2052  |  | 2276 | 1475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/15/2042  |  | 1115 | 802 |
|  |  |  | 33595 |
| **Consumer Discretionary — 2.4%** | **Consumer Discretionary — 2.4%** | **Consumer Discretionary — 2.4%** |  |
| &nbsp;&nbsp;&nbsp; Alimentation Couche-Tard  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 07/26/2047 (A) |  | 250 | 198 |
| &nbsp;&nbsp;&nbsp; Amazon.com  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 08/22/2047  |  | 801 | 652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 04/13/2052  |  | 1085 | 839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/22/2037  |  | 295 | 263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 05/12/2051  |  | 995 | 659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 05/12/2041  |  | 342 | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 06/03/2060  |  | 720 | 403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 06/03/2050  |  | 520 | 306 |
| &nbsp;&nbsp;&nbsp; Aptiv PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/15/2049  |  | 433 | 358 |
| &nbsp;&nbsp;&nbsp; AutoZone  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, 11/01/2033  |  | 270 | 294 |
| &nbsp;&nbsp;&nbsp; General Motors  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.600%, 04/01/2036  |  | 205 | 212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/02/2043  |  | 340 | 323 |
| &nbsp;&nbsp;&nbsp; General Motors Financial  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 01/09/2033  |  | 55 | 57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 01/07/2034  |  | 40 | 40 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Home Depot  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 06/25/2064  | $| 90 | $84 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/25/2054  |  | 1215 | 1137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 03/15/2045  |  | 230 | 193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2046  |  | 610 | 499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 06/15/2047  |  | 427 | 328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 04/15/2052  |  | 15 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 04/15/2050  |  | 285 | 195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 12/15/2049  |  | 210 | 137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 03/15/2051  |  | 50 | 27 |
| &nbsp;&nbsp;&nbsp; Lowe's  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 09/15/2062  |  | 715 | 670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2052  |  | 890 | 676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 10/15/2050  |  | 845 | 513 |
| &nbsp;&nbsp;&nbsp; Massachusetts Institute of Technology  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.618%, 06/01/2055  |  | 285 | 284 |
| &nbsp;&nbsp;&nbsp; McDonald's  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 08/14/2053  |  | 55 | 52 |
| &nbsp;&nbsp;&nbsp; McDonald's MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 03/01/2047  |  | 910 | 752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 09/01/2049  |  | 600 | 428 |
| &nbsp;&nbsp;&nbsp; Starbucks  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 08/15/2049  |  | 415 | 331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 03/12/2050  |  | 310 | 202 |
| &nbsp;&nbsp;&nbsp; University of Southern California  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.028%, 10/01/2039  |  | 225 | 178 |
| &nbsp;&nbsp;&nbsp; Volkswagen Group of America Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 03/27/2035 (A) |  | 275 | 272 |
|  |  |  | 11824 |
| **Consumer Staples — 3.6%** | **Consumer Staples — 3.6%** | **Consumer Staples — 3.6%** |  |
| &nbsp;&nbsp;&nbsp; Altria Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/16/2046  |  | 115 | 82 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 02/04/2051  |  | 290 | 196 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 02/01/2046  |  | 2988 | 2694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 02/01/2036  |  | 1470 | 1413 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch InBev Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 01/23/2049  |  | 626 | 614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.439%, 10/06/2048  |  | 732 | 609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 04/15/2038  |  | 5 | 5 |
| &nbsp;&nbsp;&nbsp; BAT Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.079%, 08/02/2043  |  | 115 | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.540%, 08/15/2047  |  | 824 | 651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.390%, 08/15/2037  |  | 895 | 787 |
| &nbsp;&nbsp;&nbsp; Bayer US Finance II LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/25/2048 (A) |  | 20 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 07/15/2044 (A) |  | 630 | 472 |
| &nbsp;&nbsp;&nbsp; City of Hope  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.378%, 08/15/2048  |  | 650 | 503 |
| &nbsp;&nbsp;&nbsp; Coca-Cola  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 05/13/2064  |  | 325 | 308 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/13/2054  | $| 20 | $19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 01/14/2055  |  | 615 | 575 |
| &nbsp;&nbsp;&nbsp; CSL Finance PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 04/27/2052 (A) |  | 410 | 342 |
| &nbsp;&nbsp;&nbsp; Dollar Tree  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 12/01/2051  |  | 165 | 100 |
| &nbsp;&nbsp;&nbsp; J M Smucker  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 11/15/2043  |  | 50 | 52 |
| &nbsp;&nbsp;&nbsp; JBS USA Holding Lux SARL  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 11/15/2053  |  | 400 | 441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/01/2052  |  | 1470 | 1490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 02/02/2052  |  | 645 | 485 |
| &nbsp;&nbsp;&nbsp; Kenvue  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 03/22/2043  |  | 50 | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/22/2053  |  | 325 | 297 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/15/2052  |  | 175 | 140 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Foods  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 07/15/2045  |  | 5 | 5 |
| &nbsp;&nbsp;&nbsp; Kroger  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 09/15/2064  |  | 100 | 92 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 02/01/2047  |  | 665 | 536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 10/15/2046  |  | 200 | 148 |
| &nbsp;&nbsp;&nbsp; Mars  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/01/2065 (A) |  | 50 | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 05/01/2055 (A) |  | 1170 | 1135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 05/01/2045 (A) |  | 1090 | 1069 |
| &nbsp;&nbsp;&nbsp; New York and Presbyterian Hospital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.256%, 08/01/2040  |  | 200 | 134 |
| &nbsp;&nbsp;&nbsp; PepsiCo  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/17/2054  |  | 685 | 648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 07/29/2049  |  | 95 | 67 |
| &nbsp;&nbsp;&nbsp; Philip Morris International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/20/2042  |  | 240 | 206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/21/2042  |  | 530 | 421 |
| &nbsp;&nbsp;&nbsp; Reynolds American  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 08/15/2045  |  | 240 | 226 |
| &nbsp;&nbsp;&nbsp; Stanford Health Care  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.795%, 11/15/2048  |  | 221 | 163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.027%, 08/15/2051  |  | 380 | 236 |
| &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.175%, 07/09/2050  |  | 157 | 100 |
| &nbsp;&nbsp;&nbsp; Target  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 01/15/2052  |  | 65 | 40 |
| &nbsp;&nbsp;&nbsp; Walmart  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 09/22/2041  |  | 115 | 79 |
|  |  |  | 17816 |
| **Energy — 5.8%** | **Energy — 5.8%** | **Energy — 5.8%** |  |
| &nbsp;&nbsp;&nbsp; Aker BP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 10/01/2054 (A) |  | 150 | 131 |
| &nbsp;&nbsp;&nbsp; BP Capital Markets America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.379%, 02/08/2061  |  | 295 | 184 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.772%, 11/10/2050  | $525 | $311 |
| &nbsp;&nbsp;&nbsp; Canadian Natural Resources MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 06/01/2047  | 285 | 232 |
| &nbsp;&nbsp;&nbsp; Columbia Pipeline Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 06/01/2045  | 20 | 19 |
| &nbsp;&nbsp;&nbsp; Columbia Pipelines Operating LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.544%, 11/15/2053 (A) | 655 | 658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.962%, 02/15/2055 (A) | 80 | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.695%, 10/01/2054 (A) | 60 | 54 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 01/15/2065  | 135 | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/2055  | 775 | 715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 11/15/2044  | 210 | 169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.025%, 03/15/2062  | 1118 | 776 |
| &nbsp;&nbsp;&nbsp; Continental Resources/Oklahoma  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 06/01/2044  | 45 | 35 |
| &nbsp;&nbsp;&nbsp; Devon Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 09/15/2054  | 615 | 535 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 04/18/2064  | 115 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/18/2054  | 807 | 723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 03/15/2052  | 150 | 110 |
| &nbsp;&nbsp;&nbsp; Eastern Energy Gas Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 01/15/2055  | 180 | 180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 10/15/2054  | 280 | 258 |
| &nbsp;&nbsp;&nbsp; Enbridge  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 11/15/2053  | 400 | 419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 08/01/2051  | 331 | 211 |
| &nbsp;&nbsp;&nbsp; Energy Transfer LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 04/01/2055  | 630 | 595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 12/15/2045  | 973 | 927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 09/01/2054  | 45 | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/15/2048  | 35 | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 10/01/2043  | 375 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 05/15/2054  | 280 | 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 10/01/2047  | 905 | 780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 05/15/2045  | 245 | 214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 04/15/2047  | 245 | 208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 02/01/2043  | 90 | 77 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 03/15/2045  | 100 | 85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/15/2050  | 550 | 445 |
| &nbsp;&nbsp;&nbsp; Eni SpA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 05/15/2054 (A) | 225 | 211 |
| &nbsp;&nbsp;&nbsp; Enterprise Products Operating LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 10/15/2039  | 195 | 203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 02/15/2042  | 815 | 796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 02/16/2055  | 95 | 89 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 10/15/2054  | 440 | 371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 05/15/2046  | 240 | 210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 03/15/2044  | 770 | 675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 01/31/2051  | 65 | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 02/15/2052  | 235 | 148 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; EOG Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 12/01/2054  | $339 | $321 |
| &nbsp;&nbsp;&nbsp; Equinor  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 04/06/2040  | 705 | 567 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.227%, 03/19/2040  | 40 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.452%, 04/15/2051  | 2648 | 1826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.095%, 08/16/2049  | 100 | 65 |
| &nbsp;&nbsp;&nbsp; Hess  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/01/2047  | 60 | 58 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 02/15/2041  | 230 | 223 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 03/01/2048  | 520 | 452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 02/15/2046  | 175 | 149 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan Energy Partners LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 03/01/2041  | 576 | 581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/01/2044  | 100 | 91 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 08/15/2042  | 300 | 260 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan Energy Partners LP MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.950%, 01/15/2038  | 275 | 297 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 03/01/2041  | 215 | 219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 09/15/2044  | 30 | 24 |
| &nbsp;&nbsp;&nbsp; MPLX LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/01/2055  | 90 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/15/2049  | 385 | 338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 03/14/2052  | 50 | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 04/15/2048  | 40 | 32 |
| &nbsp;&nbsp;&nbsp; Northern Natural Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/15/2049 (A) | 80 | 62 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.950%, 06/15/2039  | 15 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.600%, 03/15/2046  | 15 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 10/01/2054  | 305 | 265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 04/15/2046  | 25 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 08/15/2039  | 336 | 258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 10/10/2036 (B) | 973 | 536 |
| &nbsp;&nbsp;&nbsp; ONEOK  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 09/01/2053  | 620 | 626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 11/01/2064  | 39 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 11/01/2054  | 140 | 125 |
| &nbsp;&nbsp;&nbsp; Petroleos Mexicanos  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 02/12/2048  | 245 | 159 |
| &nbsp;&nbsp;&nbsp; Phillips 66  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 10/01/2046  | 359 | 296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 11/15/2044  | 410 | 344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 11/15/2034  | 130 | 122 |
| &nbsp;&nbsp;&nbsp; Plains All American Pipeline/PAA Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 02/15/2045  | 170 | 141 |
| &nbsp;&nbsp;&nbsp; Rockies Express Pipeline LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 04/15/2040 (A) | 110 | 105 |
| &nbsp;&nbsp;&nbsp; Sabal Trail Transmission LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.832%, 05/01/2048 (A) | 190 | 152 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.682%, 05/01/2038 (A) | $| 195 | $169 |
| &nbsp;&nbsp;&nbsp; Saudi Arabian Oil  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 06/02/2055 (A) |  | 500 | 490 |
| &nbsp;&nbsp;&nbsp; Shell Finance US  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 05/11/2045  |  | 1250 | 1034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/10/2046  |  | 110 | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/12/2046  |  | 285 | 213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 04/06/2050  |  | 5 | 3 |
| &nbsp;&nbsp;&nbsp; Shell International Finance BV  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 12/15/2038  |  | 597 | 648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/12/2046  |  | 120 | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 11/26/2051  |  | 450 | 281 |
| &nbsp;&nbsp;&nbsp; Suncor Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.800%, 05/15/2038  |  | 134 | 140 |
| &nbsp;&nbsp;&nbsp; Texas Eastern Transmission  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 01/15/2048 (A) |  | 340 | 258 |
| &nbsp;&nbsp;&nbsp; TotalEnergies Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.638%, 04/05/2064  |  | 880 | 822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.488%, 04/05/2054  |  | 290 | 271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.425%, 09/10/2064  |  | 195 | 177 |
| &nbsp;&nbsp;&nbsp; TotalEnergies Capital International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.127%, 05/29/2050  |  | 860 | 551 |
| &nbsp;&nbsp;&nbsp; TransCanada PipeLines  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 08/15/2038  |  | 430 | 473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 03/15/2036  |  | 350 | 355 |
| &nbsp;&nbsp;&nbsp; Transcontinental Gas Pipe Line LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 03/15/2048  |  | 306 | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 08/01/2042  |  | 330 | 273 |
| &nbsp;&nbsp;&nbsp; Var Energi  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 05/22/2035 (A) |  | 95 | 96 |
| &nbsp;&nbsp;&nbsp; Williams  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/24/2044  |  | 9 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 10/15/2051  |  | 200 | 133 |
| &nbsp;&nbsp;&nbsp; Woodside Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/19/2035  |  | 225 | 223 |
|  |  |  | 28757 |
| **Financials — 10.8%** | **Financials — 10.8%** | **Financials — 10.8%** |  |
| &nbsp;&nbsp;&nbsp; AIA Group MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 09/30/2054 (A) |  | 245 | 224 |
| &nbsp;&nbsp;&nbsp; Allstate  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/15/2043  |  | 50 | 42 |
| &nbsp;&nbsp;&nbsp; American Express  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.667%, SOFRRATE + 1.790%, 04/25/2036 (C) |  | 425 | 434 |
| &nbsp;&nbsp;&nbsp; Aon  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 02/28/2052  |  | 819 | 587 |
| &nbsp;&nbsp;&nbsp; Apollo Global Management  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/21/2054  |  | 380 | 364 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/15/2054  |  | 180 | 194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/02/2053  |  | 240 | 230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 07/15/2054  |  | 130 | 124 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 02/15/2055  | $546 | $506 |
| &nbsp;&nbsp;&nbsp; Athene Holding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, H15T5Y + 2.607%, 10/15/2054 (C) | 425 | 418 |
| &nbsp;&nbsp;&nbsp; Bank of America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.110%, 01/29/2037  | 560 | 580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/15/2036  | 770 | 798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.468%, SOFRRATE + 1.650%, 01/23/2035 (C) | 740 | 748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.464%, SOFRRATE + 1.640%, 05/09/2036 (C) | 1325 | 1334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.311%, SOFRRATE + 1.580%, 04/22/2042 (C) | 1225 | 913 |
| &nbsp;&nbsp;&nbsp; Bank of America MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.425%, SOFRRATE + 1.913%, 08/15/2035 (C) | 130 | 127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.083%, TSFR3M + 3.412%, 03/20/2051 (C) | 880 | 680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.676%, SOFRRATE + 1.930%, 06/19/2041 (C) | 1422 | 992 |
| &nbsp;&nbsp;&nbsp; Beacon Funding Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.266%, 08/15/2054 (A) | 150 | 144 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 03/15/2052  | 1022 | 766 |
| &nbsp;&nbsp;&nbsp; BlackRock Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/08/2055  | 500 | 475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/14/2054  | 510 | 477 |
| &nbsp;&nbsp;&nbsp; Blackstone Holdings Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 08/15/2042 (A) | 231 | 233 |
| &nbsp;&nbsp;&nbsp; BPCE  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.027%, SOFRRATE + 1.956%, 05/28/2036 (A)(C) | 460 | 467 |
| &nbsp;&nbsp;&nbsp; Brookfield Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.968%, 03/04/2054  | 250 | 242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.813%, 03/03/2055  | 135 | 128 |
| &nbsp;&nbsp;&nbsp; Carlyle Holdings II Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 03/30/2043 (A) | 356 | 332 |
| &nbsp;&nbsp;&nbsp; Charles Schwab  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.853%, SOFRRATE + 2.500%, 05/19/2034 (C) | 215 | 224 |
| &nbsp;&nbsp;&nbsp; Chubb INA Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 05/15/2036  | 387 | 431 |
| &nbsp;&nbsp;&nbsp; Citigroup  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.174%, SOFRRATE + 2.661%, 05/25/2034 (C) | 275 | 282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.020%, SOFRRATE + 1.830%, 01/24/2036 (C) | 630 | 634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.827%, SOFRRATE + 2.056%, 02/13/2035 (C) | 395 | 394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.612%, SOFRRATE + 1.746%, 03/04/2056 (C) | 441 | 420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.333%, SOFRRATE + 1.465%, 03/27/2036 (C) | 170 | 168 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.316%, SOFRRATE + 4.548%, 03/26/2041 (C) | $370 | $353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/18/2046  | 466 | 386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.281%, TSFR3M + 2.101%, 04/24/2048 (C) | 733 | 586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.878%, TSFR3M + 1.430%, 01/24/2039 (C) | 580 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.904%, SOFRRATE + 1.379%, 11/03/2042 (C) | 240 | 165 |
| &nbsp;&nbsp;&nbsp; Commonwealth Bank of Australia  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.929%, H15T1Y + 1.320%, 03/14/2046 (A)(C) | 275 | 264 |
| &nbsp;&nbsp;&nbsp; Farmers Exchange Capital II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.151%, TSFR3M + 4.006%, 11/01/2053 (A)(C) | 200 | 188 |
| &nbsp;&nbsp;&nbsp; Farmers Exchange Capital III  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.454%, TSFR3M + 3.454%, 10/15/2054 (A)(C) | 200 | 178 |
| &nbsp;&nbsp;&nbsp; Farmers Insurance Exchange  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.747%, SOFRRATE + 3.231%, 11/01/2057 (A)(C) | 200 | 160 |
| &nbsp;&nbsp;&nbsp; Global Atlantic Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/15/2054 (A) | 320 | 317 |
| &nbsp;&nbsp;&nbsp; Global Payments  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 08/15/2052  | 100 | 93 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/01/2037  | 550 | 592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 02/01/2041  | 878 | 916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.734%, SOFRRATE + 1.696%, 01/28/2056 (C) | 30 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.561%, SOFRRATE + 1.580%, 11/19/2045 (C) | 1260 | 1206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.016%, SOFRRATE + 1.420%, 10/23/2035 (C) | 635 | 615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.411%, TSFR3M + 1.692%, 04/23/2039 (C) | 310 | 272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.017%, TSFR3M + 1.635%, 10/31/2038 (C) | 2235 | 1903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.210%, SOFRRATE + 1.513%, 04/22/2042 (C) | 170 | 124 |
| &nbsp;&nbsp;&nbsp; Guardian Life Insurance of America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/19/2064 (A) | 305 | 255 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.800%, 06/01/2038  | 236 | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 09/15/2037  | 600 | 632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.790%, SOFRRATE + 1.880%, 05/13/2036 (C) | 225 | 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.804%, SOFRRATE + 1.187%, 05/24/2032 (C) | 440 | 385 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.141%, H15T5Y + 1.700%, 11/18/2039 (C) | 135 | 135 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 06/15/2052  | 168 | 148 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 07/15/2041  | $866 | $868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.572%, SOFRRATE + 1.680%, 04/22/2036 (C) | 385 | 392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.534%, SOFRRATE + 1.550%, 11/29/2045 (C) | 847 | 829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.336%, SOFRRATE + 1.620%, 01/23/2035 (C) | 185 | 186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.946%, SOFRRATE + 1.340%, 10/22/2035 (C) | 1675 | 1625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.260%, TSFR3M + 1.842%, 02/22/2048 (C) | 100 | 82 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.032%, TSFR3M + 1.722%, 07/24/2048 (C) | 680 | 535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.897%, TSFR3M + 1.482%, 01/23/2049 (C) | 756 | 580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.882%, TSFR3M + 1.622%, 07/24/2038 (C) | 235 | 202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.109%, SOFRRATE + 2.440%, 04/22/2051 (C) | 385 | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.109%, TSFR3M + 2.460%, 04/22/2041 (C) | 340 | 254 |
| &nbsp;&nbsp;&nbsp; KKR Group Finance II LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/01/2043 (A) | 493 | 454 |
| &nbsp;&nbsp;&nbsp; M&T Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.385%, SOFRRATE + 1.610%, 01/16/2036 (C) | 285 | 277 |
| &nbsp;&nbsp;&nbsp; Markel Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/16/2054  | 385 | 375 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 09/15/2053  | 508 | 497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/15/2053  | 190 | 179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/15/2054  | 40 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/15/2055  | 55 | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 03/15/2049  | 90 | 79 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 01/30/2047  | 90 | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 03/01/2048  | 245 | 195 |
| &nbsp;&nbsp;&nbsp; Massachusetts Mutual Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.729%, 10/15/2070 (A) | 253 | 162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 04/15/2050 (A) | 377 | 251 |
| &nbsp;&nbsp;&nbsp; Mastercard  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 03/26/2050  | 170 | 130 |
| &nbsp;&nbsp;&nbsp; MetLife  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 02/06/2041  | 30 | 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2054  | 706 | 648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/2052  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 11/13/2043  | 160 | 144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.721%, 12/15/2044  | 906 | 786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/13/2042  | 5 | 4 |
| &nbsp;&nbsp;&nbsp; Moody's  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 12/17/2048  | 515 | 449 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.664%, SOFRRATE + 1.757%, 04/17/2036 (C) | 355 | 361 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.587%, SOFRRATE + 1.418%, 01/18/2036 (C) | $15 | $15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.516%, SOFRRATE + 1.710%, 11/19/2055 (C) | 961 | 915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.217%, SOFRRATE + 1.485%, 04/22/2042 (C) | 341 | 251 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 07/24/2042  | 390 | 417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.831%, SOFRRATE + 1.580%, 04/19/2035 (C) | 1105 | 1139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/27/2045  | 115 | 96 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.971%, TSFR3M + 1.455%, 07/22/2038 (C) | 752 | 643 |
| &nbsp;&nbsp;&nbsp; New York Life Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/23/2035 (A) | 435 | 440 |
| &nbsp;&nbsp;&nbsp; New York Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 11/15/2039 (A) | 380 | 420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 05/15/2069 (A) | 325 | 246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 05/15/2050 (A) | 426 | 306 |
| &nbsp;&nbsp;&nbsp; Northwestern Mutual Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.170%, 05/29/2055 (A) | 325 | 334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 09/30/2059 (A) | 724 | 479 |
| &nbsp;&nbsp;&nbsp; PayPal Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 06/01/2050  | 125 | 82 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.676%, SOFRRATE + 1.902%, 01/22/2035 (C) | 150 | 153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.575%, SOFRRATE + 1.394%, 01/29/2036 (C) | 100 | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.401%, SOFRRATE + 1.599%, 07/23/2035 (C) | 275 | 274 |
| &nbsp;&nbsp;&nbsp; Progressive  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/15/2052  | 125 | 90 |
| &nbsp;&nbsp;&nbsp; Prudential Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.905%, 12/07/2047  | 30 | 23 |
| &nbsp;&nbsp;&nbsp; Prudential Financial MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 12/14/2036  | 272 | 279 |
| &nbsp;&nbsp;&nbsp; Raymond James Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/01/2051  | 225 | 160 |
| &nbsp;&nbsp;&nbsp; S&P Global  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 12/01/2049  | 320 | 221 |
| &nbsp;&nbsp;&nbsp; Swiss RE Subordinated Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.191%, TSFR3M + 2.125%, 04/01/2046 (A)(C) | 200 | 196 |
| &nbsp;&nbsp;&nbsp; Teachers Insurance & Annuity Association of America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.270%, 05/15/2047 (A) | 295 | 233 |
| &nbsp;&nbsp;&nbsp; Travelers  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 05/25/2053  | 265 | 253 |
| &nbsp;&nbsp;&nbsp; Truist Financial MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.867%, SOFRRATE + 2.361%, 06/08/2034 (C) | 430 | 441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.711%, SOFRRATE + 1.922%, 01/24/2035 (C) | 465 | 472 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; US Bancorp  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.836%, SOFRRATE + 2.260%, 06/12/2034 (C) | $| 140 | $144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.678%, SOFRRATE + 1.860%, 01/23/2035 (C) |  | 315 | 321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.839%, SOFRRATE + 1.600%, 02/01/2034 (C) |  | 135 | 131 |
| &nbsp;&nbsp;&nbsp; Visa  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 12/14/2045  |  | 130 | 111 |
| &nbsp;&nbsp;&nbsp; Wells Fargo  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 02/01/2037  |  | 1785 | 1811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.605%, SOFRRATE + 1.740%, 04/23/2036 (C) |  | 315 | 319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.499%, SOFRRATE + 1.780%, 01/23/2035 (C) |  | 115 | 116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.389%, SOFRRATE + 2.020%, 04/24/2034 (C) |  | 1095 | 1100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.068%, SOFRRATE + 2.530%, 04/30/2041 (C) |  | 110 | 80 |
| &nbsp;&nbsp;&nbsp; Wells Fargo MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.557%, SOFRRATE + 1.990%, 07/25/2034 (C) |  | 625 | 633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.013%, TSFR3M + 4.502%, 04/04/2051 (C) |  | 1884 | 1653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 11/17/2045  |  | 205 | 175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 11/04/2044  |  | 485 | 403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.611%, SOFRRATE + 2.130%, 04/25/2053 (C) |  | 275 | 227 |
| &nbsp;&nbsp;&nbsp; Westpac Banking  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.133%, 11/18/2041  |  | 180 | 127 |
| &nbsp;&nbsp;&nbsp; Willis North America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/15/2049  |  | 160 | 114 |
| &nbsp;&nbsp;&nbsp; XL Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 12/15/2043  |  | 287 | 270 |
|  |  |  | 53399 |
| **Health Care — 9.2%** | **Health Care — 9.2%** | **Health Care — 9.2%** |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 11/30/2046  |  | 355 | 329 |
| &nbsp;&nbsp;&nbsp; AbbVie  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 03/15/2055  |  | 285 | 278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2064  |  | 520 | 493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/15/2054  |  | 970 | 918 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 03/15/2044  |  | 115 | 110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 06/15/2044  |  | 195 | 175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 05/14/2045  |  | 704 | 618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 03/15/2035  |  | 570 | 544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 05/14/2046  |  | 40 | 34 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 11/06/2042  |  | 1584 | 1360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/21/2049  |  | 355 | 284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 11/21/2039  |  | 345 | 295 |
| &nbsp;&nbsp;&nbsp; Alcon Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 09/23/2049 (A) |  | 295 | 208 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Amgen  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/02/2063  | $735 | $695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 03/02/2053  | 1280 | 1218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 03/02/2043  | 280 | 272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 05/01/2045  | 1494 | 1239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 02/22/2062  | 125 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 02/22/2052  | 471 | 359 |
| &nbsp;&nbsp;&nbsp; AstraZeneca PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 09/15/2037  | 555 | 613 |
| &nbsp;&nbsp;&nbsp; Baxter International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.132%, 12/01/2051  | 315 | 194 |
| &nbsp;&nbsp;&nbsp; BayCare Health System  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.831%, 11/15/2050  | 270 | 200 |
| &nbsp;&nbsp;&nbsp; Bayer US Finance II LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 07/15/2064 (A) | 50 | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 06/25/2038 (A) | 100 | 86 |
| &nbsp;&nbsp;&nbsp; Bayer US Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/21/2053 (A) | 483 | 489 |
| &nbsp;&nbsp;&nbsp; Baylor Scott & White Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.185%, 11/15/2045  | 390 | 316 |
| &nbsp;&nbsp;&nbsp; Becton Dickinson  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.794%, 05/20/2050  | 200 | 143 |
| &nbsp;&nbsp;&nbsp; Biogen  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 05/15/2055  | 340 | 340 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 11/15/2063  | 195 | 205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 02/22/2054  | 786 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/26/2049  | 633 | 499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/15/2052  | 395 | 279 |
| &nbsp;&nbsp;&nbsp; Children's Hospital Medical Center  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.820%, 11/15/2050  | 450 | 277 |
| &nbsp;&nbsp;&nbsp; Cigna Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 02/15/2054  | 500 | 462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 12/15/2048  | 110 | 93 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 07/15/2046  | 283 | 240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 10/15/2047  | 720 | 523 |
| &nbsp;&nbsp;&nbsp; CVS Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, H15T5Y + 2.516%, 12/10/2054 (C) | 160 | 156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/01/2044  | 185 | 177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/01/2053  | 210 | 193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 07/20/2045  | 325 | 279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/25/2048  | 3115 | 2597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.780%, 03/25/2038  | 439 | 390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/01/2040  | 94 | 76 |
| &nbsp;&nbsp;&nbsp; Danaher  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 12/10/2051  | 325 | 196 |
| &nbsp;&nbsp;&nbsp; Elevance Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 02/15/2055  | 235 | 221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 06/15/2054  | 423 | 395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 01/15/2043  | 15 | 13 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 12/01/2047  | 993 | 789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 09/15/2049  | 390 | 272 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 03/15/2051  | $125 | $85 |
| &nbsp;&nbsp;&nbsp; Eli Lilly  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/12/2055  | 1250 | 1223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 08/14/2064  | 90 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 02/09/2064  | 868 | 782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 08/14/2054  | 140 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/09/2054  | 340 | 308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 02/27/2063  | 320 | 282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 02/27/2053  | 428 | 380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 03/15/2049  | 105 | 81 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 11/15/2064  | 160 | 152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 11/15/2054  | 1400 | 1338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 09/01/2035  | 440 | 421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/01/2045  | 465 | 397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 10/01/2040  | 330 | 231 |
| &nbsp;&nbsp;&nbsp; GlaxoSmithKline Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 05/15/2038  | 145 | 158 |
| &nbsp;&nbsp;&nbsp; HCA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 03/01/2055  | 605 | 591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 04/01/2064  | 40 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 09/15/2054  | 227 | 214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 06/15/2047  | 30 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 03/15/2052  | 810 | 633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 07/15/2051  | 352 | 226 |
| &nbsp;&nbsp;&nbsp; Health Care Service A Mutual Legal Reserve  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/15/2054 (A) | 380 | 358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 06/01/2050 (A) | 562 | 354 |
| &nbsp;&nbsp;&nbsp; Humana  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/15/2054  | 470 | 422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 10/01/2044  | 245 | 204 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/01/2054  | 100 | 97 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 01/15/2038  | 505 | 426 |
| &nbsp;&nbsp;&nbsp; Kaiser Foundation Hospitals  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.266%, 11/01/2049  | 330 | 222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.002%, 06/01/2051  | 380 | 239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.810%, 06/01/2041  | 275 | 191 |
| &nbsp;&nbsp;&nbsp; Mass General Brigham  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.192%, 07/01/2049  | 125 | 82 |
| &nbsp;&nbsp;&nbsp; Memorial Health Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.447%, 11/01/2049  | 180 | 123 |
| &nbsp;&nbsp;&nbsp; Merck  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 05/17/2063  | 180 | 162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/17/2053  | 525 | 470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 05/17/2044  | 400 | 365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 12/10/2061  | 635 | 359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 12/10/2051  | 120 | 72 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.450%, 06/24/2050  | 150 | 85 |
| &nbsp;&nbsp;&nbsp; Northwell Healthcare  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.260%, 11/01/2047  | 170 | 130 |
| &nbsp;&nbsp;&nbsp; Pfizer  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 12/15/2036  | 180 | 163 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Pfizer Investment Enterprises Pte  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.340%, 05/19/2063  | $| 185 | $166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/19/2053  |  | 1250 | 1146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.110%, 05/19/2043  |  | 675 | 629 |
| &nbsp;&nbsp;&nbsp; Providence St. Joseph Health Obligated Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.744%, 10/01/2047  |  | 525 | 374 |
| &nbsp;&nbsp;&nbsp; Revvity  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 03/15/2051  |  | 200 | 132 |
| &nbsp;&nbsp;&nbsp; Roche Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.218%, 03/08/2054 (A) |  | 555 | 522 |
| &nbsp;&nbsp;&nbsp; Solventum  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/15/2064  |  | 140 | 134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 04/30/2054  |  | 835 | 801 |
| &nbsp;&nbsp;&nbsp; Stryker  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 04/01/2043  |  | 290 | 235 |
| &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 07/05/2054  |  | 395 | 373 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 08/15/2047  |  | 140 | 111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 10/15/2041  |  | 235 | 164 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 02/15/2038  |  | 235 | 260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 02/15/2041  |  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 02/15/2053  |  | 800 | 772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 07/15/2064  |  | 648 | 605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 07/15/2054  |  | 1845 | 1724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/15/2044  |  | 495 | 465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/15/2064  |  | 230 | 207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 04/15/2054  |  | 675 | 608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 05/15/2062  |  | 90 | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2052  |  | 460 | 378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/15/2047  |  | 325 | 254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 01/15/2047  |  | 350 | 271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 08/15/2049  |  | 365 | 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 05/15/2051  |  | 645 | 412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 05/15/2041  |  | 260 | 185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 05/15/2050  |  | 115 | 69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 05/15/2040  |  | 65 | 46 |
| &nbsp;&nbsp;&nbsp; Viatris  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/22/2050  |  | 360 | 230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 06/22/2040  |  | 180 | 128 |
| &nbsp;&nbsp;&nbsp; Wyeth LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/01/2037  |  | 436 | 457 |
|  |  |  | 45530 |
| **Industrials — 6.3%** | **Industrials — 6.3%** | **Industrials — 6.3%** |  |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC / AerCap Global Aviation Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 10/29/2041  |  | 1205 | 938 |
| &nbsp;&nbsp;&nbsp; BAE Systems Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/07/2044 (A) |  | 373 | 329 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; BAE Systems PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 10/11/2041 (A) | $150 | $150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/15/2050 (A) | 275 | 174 |
| &nbsp;&nbsp;&nbsp; Boeing  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.008%, 05/01/2064  | 235 | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.858%, 05/01/2054  | 505 | 539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.930%, 05/01/2060  | 425 | 393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.805%, 05/01/2050  | 1180 | 1105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.705%, 05/01/2040  | 1830 | 1766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/01/2050  | 1223 | 838 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/15/2035  | 350 | 346 |
| &nbsp;&nbsp;&nbsp; Burlington Northern Santa Fe LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 08/15/2036  | 480 | 522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 05/01/2037  | 320 | 343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/01/2040  | 65 | 66 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2055  | 1042 | 1008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 04/15/2054  | 40 | 37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 01/15/2053  | 146 | 121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 03/15/2042  | 1040 | 897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 09/15/2051  | 790 | 531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 02/15/2051  | 65 | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 06/15/2052  | 100 | 61 |
| &nbsp;&nbsp;&nbsp; Canadian National Railway  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 06/01/2036  | 156 | 167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 02/03/2048  | 355 | 264 |
| &nbsp;&nbsp;&nbsp; Canadian Pacific Railway  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 09/15/2115  | 240 | 235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 11/15/2069  | 298 | 216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 12/02/2041  | 270 | 192 |
| &nbsp;&nbsp;&nbsp; CRH America Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 01/09/2055  | 456 | 448 |
| &nbsp;&nbsp;&nbsp; CSX  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 03/15/2055  | 778 | 678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/30/2042  | 425 | 379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 11/15/2048  | 187 | 162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 11/15/2052  | 185 | 152 |
| &nbsp;&nbsp;&nbsp; Cummins  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 02/20/2054  | 229 | 216 |
| &nbsp;&nbsp;&nbsp; Deere  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 01/19/2055  | 150 | 151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/15/2050  | 431 | 327 |
| &nbsp;&nbsp;&nbsp; Emerson Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 12/21/2051  | 553 | 335 |
| &nbsp;&nbsp;&nbsp; FedEx  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 01/15/2047 (A) | 155 | 118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 02/15/2048 (A) | 275 | 197 |
| &nbsp;&nbsp;&nbsp; Ferguson Enterprises  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/03/2034  | 386 | 371 |
| &nbsp;&nbsp;&nbsp; General Dynamics  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2040  | 155 | 135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2050  | 30 | 25 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; General Electric MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.068%, TSFR3M + 0.742%, 08/15/2036 (C) | $450 | $417 |
| &nbsp;&nbsp;&nbsp; Honeywell International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/01/2054  | 995 | 920 |
| &nbsp;&nbsp;&nbsp; L3Harris Technologies  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/15/2054  | 465 | 437 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 11/15/2054  | 470 | 462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 02/15/2055  | 620 | 570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 05/15/2046  | 691 | 604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.090%, 09/15/2052  | 50 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.070%, 12/15/2042  | 230 | 190 |
| &nbsp;&nbsp;&nbsp; Norfolk Southern  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 03/15/2064  | 65 | 64 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 08/01/2118  | 284 | 234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, 10/01/2041  | 285 | 255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 08/15/2043  | 408 | 344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.942%, 11/01/2047  | 100 | 76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/15/2053  | 265 | 187 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 06/01/2054  | 525 | 477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 05/01/2040  | 445 | 426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 03/15/2053  | 261 | 229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 06/01/2043  | 250 | 222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.030%, 10/15/2047  | 490 | 381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 04/15/2045  | 430 | 332 |
| &nbsp;&nbsp;&nbsp; Owens Corning  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 06/15/2054  | 200 | 197 |
| &nbsp;&nbsp;&nbsp; Parker-Hannifin MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 11/21/2044  | 195 | 164 |
| &nbsp;&nbsp;&nbsp; Quanta Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 10/01/2041  | 309 | 213 |
| &nbsp;&nbsp;&nbsp; RTX  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 03/15/2054  | 225 | 240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/27/2053  | 40 | 37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2042  | 930 | 805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 04/15/2047  | 630 | 513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 07/01/2050  | 60 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.030%, 03/15/2052  | 600 | 373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.820%, 09/01/2051  | 335 | 200 |
| &nbsp;&nbsp;&nbsp; Siemens Funding BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/28/2055 (A) | 460 | 466 |
| &nbsp;&nbsp;&nbsp; Snap-on  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 05/01/2050  | 361 | 235 |
| &nbsp;&nbsp;&nbsp; TTX  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 02/01/2049 (A) | 250 | 209 |
| &nbsp;&nbsp;&nbsp; Uber Technologies  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 09/15/2054  | 415 | 377 |
| &nbsp;&nbsp;&nbsp; Union Pacific  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 12/01/2054  | 150 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 02/01/2055  | 145 | 105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.839%, 03/20/2060  | 885 | 619 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.799%, 04/06/2071  | $| 1137 | $753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/14/2053  |  | 125 | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 02/14/2042  |  | 60 | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 02/05/2050  |  | 260 | 175 |
| &nbsp;&nbsp;&nbsp; Union Pacific MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 08/15/2039  |  | 65 | 53 |
| &nbsp;&nbsp;&nbsp; United Airlines Pass-Through Trust, Ser 2019-1, Cl AA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 08/25/2031  |  | 125 | 118 |
| &nbsp;&nbsp;&nbsp; United Airlines Pass-Through Trust, Ser 2023-1, Cl A  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2036  |  | 588 | 588 |
| &nbsp;&nbsp;&nbsp; United Parcel Service  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 05/14/2065  |  | 210 | 209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 05/14/2055  |  | 265 | 264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 05/22/2054  |  | 375 | 354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/03/2053  |  | 235 | 207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 10/01/2042  |  | 220 | 166 |
| &nbsp;&nbsp;&nbsp; Verisk Analytics  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 05/15/2050  |  | 310 | 216 |
| &nbsp;&nbsp;&nbsp; Waste Management  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 10/15/2054  |  | 670 | 634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 03/01/2035  |  | 115 | 104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 06/01/2041  |  | 360 | 258 |
| &nbsp;&nbsp;&nbsp; WW Grainger  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 06/15/2045  |  | 165 | 143 |
|  |  |  | 31399 |
| **Information Technology — 4.8%** | **Information Technology — 4.8%** | **Information Technology — 4.8%** |  |
| &nbsp;&nbsp;&nbsp; Amphenol  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 11/15/2054  |  | 231 | 220 |
| &nbsp;&nbsp;&nbsp; Analog Devices  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 10/01/2051  |  | 235 | 148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 10/01/2041  |  | 250 | 178 |
| &nbsp;&nbsp;&nbsp; Apple  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 02/23/2046  |  | 579 | 520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 05/13/2045  |  | 505 | 438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 05/04/2043  |  | 30 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/12/2047  |  | 150 | 116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 02/09/2045  |  | 470 | 358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 02/08/2061  |  | 625 | 362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 08/05/2051  |  | 1820 | 1106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 05/11/2050  |  | 255 | 156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 02/08/2051  |  | 565 | 343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 02/08/2041  |  | 265 | 181 |
| &nbsp;&nbsp;&nbsp; AppLovin  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 12/01/2054  |  | 510 | 487 |
| &nbsp;&nbsp;&nbsp; Broadcom  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/15/2051 (A) |  | 245 | 177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/15/2041 (A) |  | 385 | 299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.137%, 11/15/2035 (A) |  | 715 | 592 |
| &nbsp;&nbsp;&nbsp; Cisco Systems  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 02/15/2039  |  | 296 | 312 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 02/26/2054  | $1420 | $1344 |
| &nbsp;&nbsp;&nbsp; Corning  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 11/15/2079  | 165 | 144 |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.300%, 01/25/2039 (A) | 246 | 252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 01/25/2037 (A) | 320 | 327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 01/25/2036 (A) | 245 | 249 |
| &nbsp;&nbsp;&nbsp; Intel  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 02/10/2053  | 220 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 02/10/2043  | 45 | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 02/21/2054  | 275 | 244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 08/05/2052  | 335 | 268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/25/2050  | 360 | 284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.734%, 12/08/2047  | 528 | 359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 11/15/2049  | 550 | 335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 08/12/2051  | 315 | 181 |
| &nbsp;&nbsp;&nbsp; International Business Machines  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 02/10/2055  | 850 | 817 |
| &nbsp;&nbsp;&nbsp; Intuit  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/15/2053  | 200 | 194 |
| &nbsp;&nbsp;&nbsp; KLA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/15/2049  | 302 | 271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 07/15/2052  | 100 | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 03/01/2050  | 90 | 61 |
| &nbsp;&nbsp;&nbsp; Lam Research  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 06/15/2050  | 187 | 118 |
| &nbsp;&nbsp;&nbsp; Micron Technology  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 11/01/2035  | 350 | 357 |
| &nbsp;&nbsp;&nbsp; Microsoft  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/15/2047  | 95 | 85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.921%, 03/17/2052  | 3093 | 2010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.675%, 06/01/2060  | 145 | 84 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.525%, 06/01/2050  | 30 | 18 |
| &nbsp;&nbsp;&nbsp; NVIDIA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/01/2050  | 670 | 492 |
| &nbsp;&nbsp;&nbsp; NXP BV / NXP FUNDING LLC / NXP USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 05/11/2041  | 330 | 235 |
| &nbsp;&nbsp;&nbsp; Oracle  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.900%, 11/09/2052  | 135 | 146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 08/03/2065  | 105 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 08/03/2055  | 520 | 504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 02/06/2053  | 75 | 69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/27/2064  | 275 | 242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 09/27/2054  | 270 | 240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 05/15/2055  | 1110 | 842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 05/15/2045  | 330 | 254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/15/2046  | 1265 | 947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 11/15/2047  | 1392 | 1033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 03/25/2051  | 1370 | 980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 11/15/2037  | 685 | 571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 03/25/2041  | 715 | 549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 04/01/2050  | 255 | 173 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Salesforce  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 07/15/2051  | $| 380 | $236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 07/15/2041  |  | 50 | 35 |
| &nbsp;&nbsp;&nbsp; Synopsys  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 04/01/2055  |  | 662 | 632 |
| &nbsp;&nbsp;&nbsp; Texas Instruments  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 02/08/2054  |  | 550 | 504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 05/18/2063  |  | 587 | 518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/14/2053  |  | 200 | 179 |
|  |  |  | 23830 |
| **Materials — 1.3%** | **Materials — 1.3%** | **Materials — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Amcor Flexibles North America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/17/2035 (A) |  | 275 | 272 |
| &nbsp;&nbsp;&nbsp; Anglo American Capital PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 04/05/2054 (A) |  | 530 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/16/2052 (A) |  | 181 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 09/10/2050 (A) |  | 415 | 296 |
| &nbsp;&nbsp;&nbsp; Berry Global  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 01/15/2034  |  | 325 | 327 |
| &nbsp;&nbsp;&nbsp; BHP Billiton Finance USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/08/2053  |  | 130 | 125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/08/2033  |  | 60 | 60 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/30/2043  |  | 335 | 309 |
| &nbsp;&nbsp;&nbsp; Dow Chemical  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 11/15/2050  |  | 330 | 216 |
| &nbsp;&nbsp;&nbsp; DuPont de Nemours  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.319%, 11/15/2038  |  | 408 | 416 |
| &nbsp;&nbsp;&nbsp; FMC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 10/01/2049  |  | 130 | 93 |
| &nbsp;&nbsp;&nbsp; Glencore Finance Canada  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 11/15/2041 (A) |  | 311 | 304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 10/25/2042 (A) |  | 215 | 198 |
| &nbsp;&nbsp;&nbsp; Glencore Funding LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.141%, 04/01/2055 (A) |  | 665 | 652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.893%, 04/04/2054 (A) |  | 25 | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/27/2051 (A) |  | 10 | 7 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/26/2048  |  | 579 | 475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.268%, 11/15/2040 (A) |  | 190 | 135 |
| &nbsp;&nbsp;&nbsp; Martin Marietta Materials  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 12/01/2054  |  | 343 | 320 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Finance USA LTD  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 11/02/2040  |  | 200 | 192 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Finance USA PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 03/14/2065  |  | 170 | 165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/14/2055  |  | 429 | 417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 03/09/2053  |  | 40 | 36 |
| &nbsp;&nbsp;&nbsp; Smurfit Kappa Treasury ULC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.438%, 04/03/2034  |  | 400 | 400 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Vulcan Materials  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 12/01/2054  | $| 224 | $215 |
|  |  |  | 6304 |
| **Real Estate — 0.9%** | **Real Estate — 0.9%** | **Real Estate — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate Equities  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 04/15/2049  |  | 60 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 03/15/2052  |  | 465 | 303 |
| &nbsp;&nbsp;&nbsp; American Assets Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 10/01/2034  |  | 280 | 274 |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 04/15/2052  |  | 230 | 174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 07/15/2051  |  | 425 | 272 |
| &nbsp;&nbsp;&nbsp; American Tower  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 06/15/2050  |  | 300 | 190 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 06/01/2034  |  | 160 | 162 |
| &nbsp;&nbsp;&nbsp; Crown Castle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 02/15/2049  |  | 90 | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 04/01/2041  |  | 134 | 93 |
| &nbsp;&nbsp;&nbsp; Equinix  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 09/15/2051  |  | 280 | 168 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 12/01/2033  |  | 115 | 121 |
| &nbsp;&nbsp;&nbsp; Invitation Homes Operating Partnership LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/15/2033  |  | 80 | 80 |
| &nbsp;&nbsp;&nbsp; Kilroy Realty LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 01/15/2036  |  | 25 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 11/15/2033  |  | 25 | 19 |
| &nbsp;&nbsp;&nbsp; Kimco Realty  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2045  |  | 55 | 44 |
| &nbsp;&nbsp;&nbsp; NNN REIT  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 10/15/2048  |  | 85 | 70 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 04/15/2052  |  | 195 | 117 |
| &nbsp;&nbsp;&nbsp; Prologis LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/15/2054  |  | 65 | 60 |
| &nbsp;&nbsp;&nbsp; Public Storage Operating  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 08/01/2053  |  | 75 | 70 |
| &nbsp;&nbsp;&nbsp; Realty Income  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 09/01/2054  |  | 165 | 154 |
| &nbsp;&nbsp;&nbsp; Regency Centers LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 03/15/2049  |  | 285 | 240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 02/01/2047  |  | 120 | 97 |
| &nbsp;&nbsp;&nbsp; Simon Property Group LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/01/2040  |  | 434 | 484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.650%, 01/15/2054  |  | 120 | 129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 03/08/2053  |  | 572 | 558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/30/2046  |  | 30 | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 07/15/2050  |  | 45 | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 09/13/2049  |  | 345 | 226 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; VICI Properties LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 05/15/2052  | $| 370 | $331 |
|  |  |  | 4643 |
| **Utilities — 9.6%** | **Utilities — 9.6%** | **Utilities — 9.6%** |  |
| &nbsp;&nbsp;&nbsp; AEP Transmission LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 06/15/2049  |  | 195 | 140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 04/01/2050  |  | 150 | 107 |
| &nbsp;&nbsp;&nbsp; Alabama Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 07/15/2048  |  | 560 | 451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 12/01/2047  |  | 486 | 358 |
| &nbsp;&nbsp;&nbsp; Ameren Illinois  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 03/01/2055  |  | 332 | 320 |
| &nbsp;&nbsp;&nbsp; American Electric Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 03/01/2050  |  | 293 | 185 |
| &nbsp;&nbsp;&nbsp; Appalachian Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 06/01/2045  |  | 650 | 513 |
| &nbsp;&nbsp;&nbsp; Arizona Public Service  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 05/15/2050  |  | 370 | 243 |
| &nbsp;&nbsp;&nbsp; Baltimore Gas and Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 06/01/2052  |  | 625 | 508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 06/15/2050  |  | 240 | 147 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 04/01/2036  |  | 1931 | 2029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 05/01/2053  |  | 90 | 73 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 01/15/2049  |  | 200 | 160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/15/2050  |  | 365 | 281 |
| &nbsp;&nbsp;&nbsp; Boston Gas  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.119%, 07/20/2053 (A) |  | 145 | 141 |
| &nbsp;&nbsp;&nbsp; Brooklyn Union Gas  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.415%, 07/18/2054 (A) |  | 75 | 75 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Houston Electric LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 03/01/2052  |  | 100 | 70 |
| &nbsp;&nbsp;&nbsp; Cleco Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 12/01/2040  |  | 210 | 213 |
| &nbsp;&nbsp;&nbsp; CMS Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 03/01/2044  |  | 637 | 553 |
| &nbsp;&nbsp;&nbsp; Commonwealth Edison  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 06/01/2055  |  | 260 | 261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 11/15/2045  |  | 865 | 712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 03/15/2052  |  | 385 | 278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/01/2045  |  | 600 | 451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 11/15/2049  |  | 240 | 156 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison of New York  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.300%, 08/15/2037  |  | 585 | 624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 11/15/2052  |  | 185 | 189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 11/15/2053  |  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 05/15/2054  |  | 365 | 354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2055  |  | 840 | 790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 03/15/2044  |  | 335 | 282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 11/15/2059  |  | 800 | 533 |
| &nbsp;&nbsp;&nbsp; Constellation Energy Generation LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/01/2039  |  | 150 | 156 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 06/15/2042  | $275 | $264 |
| &nbsp;&nbsp;&nbsp; Consumers Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 08/15/2050  | 125 | 82 |
| &nbsp;&nbsp;&nbsp; Dominion Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 08/01/2033  | 315 | 312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 08/01/2041  | 945 | 825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 04/15/2041  | 545 | 390 |
| &nbsp;&nbsp;&nbsp; DTE Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 05/15/2048  | 355 | 279 |
| &nbsp;&nbsp;&nbsp; Duke Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 08/15/2052  | 293 | 247 |
| &nbsp;&nbsp;&nbsp; Duke Energy Carolinas LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2038  | 284 | 295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 01/15/2054  | 260 | 242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/15/2053  | 280 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 02/15/2040  | 820 | 804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 12/15/2041  | 500 | 416 |
| &nbsp;&nbsp;&nbsp; Duke Energy Florida LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 06/15/2038  | 210 | 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 09/15/2037  | 240 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 11/15/2053  | 125 | 129 |
| &nbsp;&nbsp;&nbsp; Duke Energy Indiana LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 04/01/2039  | 120 | 129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 08/15/2038  | 120 | 129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 07/15/2043  | 345 | 306 |
| &nbsp;&nbsp;&nbsp; Duke Energy Ohio  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 03/15/2054  | 235 | 220 |
| &nbsp;&nbsp;&nbsp; Duke Energy Progress LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 03/15/2055  | 420 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/30/2044  | 815 | 673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 05/15/2042  | 405 | 329 |
| &nbsp;&nbsp;&nbsp; Electricite de France  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 01/13/2055 (A) | 195 | 192 |
| &nbsp;&nbsp;&nbsp; Elm Road Generating Station Supercritical LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.848%, 01/19/2041 (A) | 500 | 514 |
| &nbsp;&nbsp;&nbsp; Entergy Arkansas LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/01/2054  | 335 | 323 |
| &nbsp;&nbsp;&nbsp; Entergy Louisiana LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 03/15/2055  | 420 | 407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 03/15/2054  | 135 | 129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 04/01/2050  | 380 | 292 |
| &nbsp;&nbsp;&nbsp; Entergy Mississippi LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 06/01/2054  | 230 | 224 |
| &nbsp;&nbsp;&nbsp; Entergy Texas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/15/2052  | 100 | 85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 09/30/2049  | 235 | 161 |
| &nbsp;&nbsp;&nbsp; Essential Utilities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/01/2052  | 70 | 62 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.276%, 05/01/2049  | 395 | 297 |
| &nbsp;&nbsp;&nbsp; Exelon  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 06/15/2035  | 230 | 220 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Florida Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.960%, 04/01/2039  | $215 | $225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 03/15/2065  | 280 | 275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 03/15/2055  | 1325 | 1304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.690%, 03/01/2040  | 181 | 184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 06/15/2054  | 252 | 245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 09/01/2035  | 1215 | 1240 |
| &nbsp;&nbsp;&nbsp; Idaho Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 03/15/2055  | 200 | 190 |
| &nbsp;&nbsp;&nbsp; Indiana Michigan Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 04/01/2053  | 120 | 114 |
| &nbsp;&nbsp;&nbsp; Interstate Power and Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 09/30/2054  | 75 | 69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 11/30/2051  | 430 | 265 |
| &nbsp;&nbsp;&nbsp; Jersey Central Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 05/15/2036  | 925 | 976 |
| &nbsp;&nbsp;&nbsp; KeySpan Gas East  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.819%, 04/01/2041 (A) | 500 | 472 |
| &nbsp;&nbsp;&nbsp; Massachusetts Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 11/15/2039 (A) | 85 | 85 |
| &nbsp;&nbsp;&nbsp; MidAmerican Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 02/01/2055  | 534 | 490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 09/15/2043  | 325 | 289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 07/15/2049  | 350 | 276 |
| &nbsp;&nbsp;&nbsp; MidAmerican Energy MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 10/15/2036  | 205 | 214 |
| &nbsp;&nbsp;&nbsp; Narragansett Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.170%, 12/10/2042 (A) | 920 | 722 |
| &nbsp;&nbsp;&nbsp; Nevada Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 03/15/2054  | 175 | 173 |
| &nbsp;&nbsp;&nbsp; Niagara Mohawk Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.025%, 06/27/2050 (A) | 300 | 180 |
| &nbsp;&nbsp;&nbsp; NiSource  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 04/01/2055  | 165 | 159 |
| &nbsp;&nbsp;&nbsp; Northern States Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 05/15/2055  | 387 | 375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 11/01/2039  | 650 | 644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 05/15/2053  | 165 | 148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2052  | 80 | 66 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 08/15/2042  | 250 | 187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 04/01/2052  | 65 | 43 |
| &nbsp;&nbsp;&nbsp; NSTAR Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 06/01/2052  | 638 | 518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 03/01/2044  | 205 | 169 |
| &nbsp;&nbsp;&nbsp; Oglethorpe Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/01/2050  | 586 | 504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 10/01/2048  | 415 | 358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/2047  | 205 | 163 |
| &nbsp;&nbsp;&nbsp; Oncor Electric Delivery LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/01/2055 (A) | 420 | 408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 10/01/2052  | 195 | 178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/01/2042  | 180 | 168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/30/2040  | 745 | 713 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/15/2052  | $215 | $186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 11/15/2051  | 160 | 91 |
| &nbsp;&nbsp;&nbsp; Pacific Gas and Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 01/15/2053  | 1438 | 1432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 10/01/2054  | 160 | 143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/01/2052  | 330 | 269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 07/01/2050  | 410 | 325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 07/01/2040  | 320 | 262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 06/01/2041  | 135 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 08/01/2050  | 100 | 64 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 08/01/2040  | 100 | 71 |
| &nbsp;&nbsp;&nbsp; PacifiCorp  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2039  | 357 | 360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2055  | 86 | 81 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 05/15/2054  | 296 | 266 |
| &nbsp;&nbsp;&nbsp; PECO Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/15/2054  | 195 | 180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 08/15/2052  | 100 | 80 |
| &nbsp;&nbsp;&nbsp; Piedmont Natural Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 08/01/2043  | 330 | 279 |
| &nbsp;&nbsp;&nbsp; Potomac Electric Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2054  | 215 | 203 |
| &nbsp;&nbsp;&nbsp; PPL Electric Utilities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 06/15/2048  | 195 | 154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 06/15/2044  | 765 | 623 |
| &nbsp;&nbsp;&nbsp; Public Service Electric and Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/01/2055  | 156 | 150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 08/01/2054  | 610 | 567 |
| &nbsp;&nbsp;&nbsp; Public Service Electric and Gas MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 09/01/2042  | 335 | 258 |
| &nbsp;&nbsp;&nbsp; Public Service of Colorado  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 09/01/2037  | 340 | 359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2052  | 100 | 79 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 06/15/2048  | 330 | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 09/15/2049  | 63 | 47 |
| &nbsp;&nbsp;&nbsp; Public Service of New Hampshire  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 01/15/2053  | 150 | 134 |
| &nbsp;&nbsp;&nbsp; Puget Sound Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.685%, 06/15/2054  | 90 | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.893%, 09/15/2051  | 190 | 114 |
| &nbsp;&nbsp;&nbsp; San Diego Gas & Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.320%, 04/15/2050  | 45 | 29 |
| &nbsp;&nbsp;&nbsp; Sempra  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/15/2039  | 500 | 496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 02/01/2038  | 375 | 304 |
| &nbsp;&nbsp;&nbsp; Southern California Edison  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 09/15/2055  | 70 | 65 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 03/15/2043  | 565 | 409 |
| &nbsp;&nbsp;&nbsp; Southern California Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/15/2055  | 150 | 149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/01/2053  | 365 | 347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 04/01/2054  | 105 | 98 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/15/2042  | 320 | 241 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Southern Gas Capital  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 06/01/2043  | $| 645 | $| 528 |
| &nbsp;&nbsp;&nbsp; Southwestern Electric Power  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 03/15/2040  |  | 480 |  | 493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 11/01/2051  |  | 320 |  | 198 |
| &nbsp;&nbsp;&nbsp; Southwestern Public Service  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 11/15/2048  |  | 690 |  | 539 |
| &nbsp;&nbsp;&nbsp; Tampa Electric  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 03/15/2051  |  | 50 |  | 33 |
| &nbsp;&nbsp;&nbsp; Tucson Electric Power  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 05/01/2051  |  | 310 |  | 197 |
| &nbsp;&nbsp;&nbsp; Union Electric  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 03/15/2055  |  | 225 |  | 201 |
| &nbsp;&nbsp;&nbsp; Virginia Electric and Power  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 03/15/2055  |  | 360 |  | 342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 04/01/2053  |  | 250 |  | 231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/15/2054  |  | 424 |  | 385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 02/15/2044  |  | 500 |  | 414 |
| &nbsp;&nbsp;&nbsp; Wisconsin Public Service  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 09/01/2049  |  | 175 |  | 116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 12/01/2051  |  | 250 |  | 149 |
| &nbsp;&nbsp;&nbsp; Xcel Energy  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 09/15/2041  |  | 50 |  | 42 |
|  |  |  |  | 47505 |
|  Total Corporate Obligations |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $333,786) ($ Thousands) |  |  |  | 304602 |
| **U.S. TREASURY OBLIGATIONS — 33.1%** | **U.S. TREASURY OBLIGATIONS — 33.1%** | **U.S. TREASURY OBLIGATIONS — 33.1%** | **U.S. TREASURY OBLIGATIONS — 33.1%** | **U.S. TREASURY OBLIGATIONS — 33.1%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/15/2045  |  | 4145 |  | 4187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.901%, 11/15/2042 (D) |  | 2225 |  | 910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2045  |  | 11705 |  | 11425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 11/15/2053  |  | 3335 |  | 3236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2055  |  | 24683 |  | 24050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 05/15/2044  |  | 2761 |  | 2658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/15/2044  |  | 9063 |  | 8705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 05/15/2054  |  | 880 |  | 837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 02/15/2055  |  | 12420 |  | 11814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.577%, 11/15/2047 (D) |  | 2860 |  | 916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.506%, 05/15/2050 (D) |  | 6235 |  | 1795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/15/2044  |  | 4551 |  | 4316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 02/15/2054  |  | 4484 |  | 4005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 08/15/2054  |  | 812 |  | 726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 11/15/2052  |  | 490 |  | 419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 08/15/2041  |  | 810 |  | 712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 11/15/2043  |  | 955 |  | 818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.652%, 08/15/2043 (D) |  | 9912 |  | 4003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 08/15/2043  |  | 1077 |  | 909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 02/15/2044  |  | 1491 |  | 1251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 05/15/2053  |  | 4759 |  | 3797 |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.564%, 08/15/2045 (D) | $| 3925 | $| 1417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 11/15/2048 (E) |  | 12805 |  | 9902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 11/15/2041  |  | 1295 |  | 1040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 02/15/2043  |  | 1555 |  | 1226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 08/15/2044  |  | 2225 |  | 1717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 05/15/2047  |  | 820 |  | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/15/2048  |  | 11185 |  | 8084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/15/2052  |  | 754 |  | 532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 05/15/2052  |  | 2015 |  | 1384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 08/15/2042  |  | 820 |  | 615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 11/15/2042  |  | 705 |  | 526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 11/15/2047  |  | 575 |  | 399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 02/15/2045  |  | 4775 |  | 3285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 11/15/2049  |  | 705 |  | 443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 05/15/2051  |  | 1475 |  | 913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 08/15/2046  |  | 10625 |  | 6799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 02/15/2052  |  | 3330 |  | 1983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 11/15/2041  |  | 15045 |  | 10139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 08/15/2051  |  | 2940 |  | 1652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.875%, 11/15/2051  |  | 1550 |  | 840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 08/15/2041  |  | 3450 |  | 2241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.375%, 11/15/2040  |  | 450 |  | 281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.375%, 08/15/2050  |  | 4035 |  | 1936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.125%, 08/15/2040  |  | 670 |  | 403 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Inflation Protected Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.125%, 01/15/2035  |  | 1165 |  | 1173 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/15/2034  |  | 108 |  | 107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/15/2035  |  | 11657 |  | 11526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/31/2030  |  | 280 |  | 281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/15/2034  |  | 1164 |  | 1121 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $173,462) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $173,462) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $173,462) ($ Thousands) |  | 164055 |
| **MUNICIPAL BONDS — 1.8%** | **MUNICIPAL BONDS — 1.8%** | **MUNICIPAL BONDS — 1.8%** | **MUNICIPAL BONDS — 1.8%** | **MUNICIPAL BONDS — 1.8%** |
| **California — 1.3%** | **California — 1.3%** | **California — 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp; Bay Area, Toll Authority, Build America Project, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.263%, 04/01/2049  |  | 600 |  | 617 |
| &nbsp;&nbsp;&nbsp; California State, Build America Project, GO  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 04/01/2034  |  | 1185 |  | 1358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.350%, 11/01/2039  |  | 730 |  | 834 |
| &nbsp;&nbsp;&nbsp; California State, GO  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 10/01/2041  |  | 510 |  | 517 |
| &nbsp;&nbsp;&nbsp; California State, Health Facilities Financing Authority, Ser 2021A, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/15/2051  |  | 125 |  | 87 |
| &nbsp;&nbsp;&nbsp; Los Angeles, Department of Airports, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.582%, 05/15/2039  |  | 230 |  | 246 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; Regents of the University of California Medical Center, Ser N, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.256%, 05/15/2060  | $| 790 | $484 |
| &nbsp;&nbsp;&nbsp; Riverside County, Pension Obligation, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.818%, 02/15/2038  |  | 345 | 314 |
| &nbsp;&nbsp;&nbsp; San Francisco, Public Utilities Commission, Water Revenue, Build America Project, Ser DE, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 11/01/2040  |  | 1235 | 1266 |
| &nbsp;&nbsp;&nbsp; University of California Regents, Build America Project, Ser H, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.548%, 05/15/2048  |  | 605 | 636 |
| &nbsp;&nbsp;&nbsp; University of California, Ser AD, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.858%, 05/15/2112  |  | 335 | 271 |
|  |  |  | 6630 |
| **Georgia — 0.1%** | **Georgia — 0.1%** | **Georgia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Georgia State, Municipal Electric Authority, Build America Project, Ser 2010A, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.637%, 04/01/2057  |  | 266 | 282 |
| **Illinois — 0.1%** | **Illinois — 0.1%** | **Illinois — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Greater Chicago, Metropolitan Water Reclamation District, Build America Project, GO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.720%, 12/01/2038  |  | 545 | 555 |
| **Maryland — 0.1%** | **Maryland — 0.1%** | **Maryland — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Maryland Economic Development, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.433%, 05/31/2056  |  | 240 | 223 |
| **Massachusetts — 0.0%** | **Massachusetts — 0.0%** | **Massachusetts — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Massachusetts State, School Building Authority, Sub-Ser B, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.395%, 10/15/2040  |  | 240 | 198 |
| **New Jersey — 0.0%** | **New Jersey — 0.0%** | **New Jersey — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; New Jersey State, Turnpike Authority, Build America Project, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.414%, 01/01/2040  |  | 60 | 71 |
| **Texas — 0.2%** | **Texas — 0.2%** | **Texas — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; North Texas, Tollway Authority, Build America Project, Ser B, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.718%, 01/01/2049  |  | 490 | 530 |
| &nbsp;&nbsp;&nbsp; Texas State, Private Activity Bond Surface Transportation, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.922%, 12/31/2049  |  | 355 | 271 |
|  |  |  | 801 |
|  Total Municipal Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $9,919) ($ Thousands) |  |  | 8760 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **SOVEREIGN DEBT — 1.1%** | **SOVEREIGN DEBT — 1.1%** | **SOVEREIGN DEBT — 1.1%** |
| &nbsp;&nbsp;&nbsp; Chile Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.330%, 01/05/2054 | $255 | $234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.340%, 03/07/2042 | 235 | 199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.860%, 06/21/2047 | 30 | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 01/22/2061 | 30 | 17 |
| &nbsp;&nbsp;&nbsp; Israel Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 07/03/2050 | 135 | 92 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 01/15/2050 | 490 | 303 |
| &nbsp;&nbsp;&nbsp; Mexico Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 05/13/2055 | 727 | 719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 05/07/2054 | 383 | 337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.338%, 05/04/2053 | 1247 | 1092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 10/12/2110 | 169 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/27/2051 | 760 | 563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 02/12/2052 | 790 | 526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.280%, 08/14/2041 | 174 | 128 |
| &nbsp;&nbsp;&nbsp; Perusahaan Penerbit SBSN Indonesia III |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 06/09/2051(A) | 85 | 59 |
| &nbsp;&nbsp;&nbsp; Philippine Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 02/04/2050 | 680 | 679 |
| &nbsp;&nbsp;&nbsp; Republic of Poland Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/04/2053 | 100 | 91 |
|  Total Sovereign Debt | Total Sovereign Debt |  |
| &nbsp;&nbsp;&nbsp; (Cost $5,885) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $5,885) ($ Thousands) | 5190 |
| **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.5%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.5%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 0.5%** |
| &nbsp;&nbsp;&nbsp; Tennessee Valley Authority, PO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 01/15/2038(B) | 3700 | 1898 |
| &nbsp;&nbsp;&nbsp; Tennessee Valley Authority |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/15/2039 | 285 | 294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 02/01/2055 | 432 | 409 |
|  Total U.S. Government Agency Obligations | Total U.S. Government Agency Obligations |  |
| &nbsp;&nbsp;&nbsp; (Cost $2,860) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $2,860) ($ Thousands) | 2601 |
| **MORTGAGE-BACKED SECURITIES — 0.2%** | **MORTGAGE-BACKED SECURITIES — 0.2%** | **MORTGAGE-BACKED SECURITIES — 0.2%** |
| **Agency Mortgage-Backed Obligations — 0.2%** | **Agency Mortgage-Backed Obligations — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2004-2733, Cl ME |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2034 | 30 | 30 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2007-68, Cl SC, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.264%, 07/25/2037(C) | 8 | 1 |
| &nbsp;&nbsp;&nbsp; GNMA ARM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, H15T1Y + 1.500%, 06/20/2032(C) | 15 | 15 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2010-4, Cl NS, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.947%, 01/16/2040(C) | 29 | 3 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2011-70, Cl BO, PO |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 05/20/2041(B)(F) | $| 1237 | $865 |
|  |  |  | 914 |
| **Non-Agency Mortgage-Backed Obligations — 0.0%** | **Non-Agency Mortgage-Backed Obligations — 0.0%** | **Non-Agency Mortgage-Backed Obligations — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Indymac Index Mortgage Loan Trust, Ser 2004-AR7, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.299%, TSFR1M + 0.974%, 09/25/2034(C) |  | 7 | 6 |
| &nbsp;&nbsp;&nbsp; RAMP Trust, Ser 2004-SL1, Cl A7 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 11/25/2031 |  | 5 | 4 |
| &nbsp;&nbsp;&nbsp; Residential Asset Securitization Trust, Ser 2004-IP2, Cl 2A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.955%, 12/25/2034(C) |  | 11 | 10 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2005-AR2, Cl 2A21 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.099%, TSFR1M + 0.774%, 01/25/2045(C) |  | 17 | 17 |
|  |  |  | 37 |
|  Total Mortgage-Backed Securities |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $87) ($ Thousands) |  |  | 951 |
|  | <br> Shares | <br> Shares |  |
| **CASH EQUIVALENT — 2.3%** | **CASH EQUIVALENT — 2.3%** | **CASH EQUIVALENT — 2.3%** | **CASH EQUIVALENT — 2.3%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> |  | 11325133 | 11325 |
|  Total Cash Equivalent |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $11,325) ($ Thousands) |  |  | 11325 |
| Total Investments in Securities — 100.5% |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $537,324) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $537,324) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $537,324) ($ Thousands)  | $497484 |

---

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; U.S. 2-Year Treasury Note | 77 | Sep-2025 | $15956 | $15973 | $17 |
| &nbsp;&nbsp; U.S. 5-Year Treasury Note | 143 | Sep-2025 | 15419 | 15472 | 53 |
| &nbsp;&nbsp; U.S. Long Treasury Bond | 11 | Sep-2025 | 1242 | 1240 | (2) |
| &nbsp;&nbsp; U.S. Ultra Long Treasury Bond | 62 | Sep-2025 | 7021 | 7196 | 175 |
| &nbsp;&nbsp; Ultra 10-Year U.S. Treasury Note | 23 | Sep-2025 | 2552 | 2588 | 36 |
|  |  |  | 42190 | 42469 | 279 |
| Short Contracts |  |  |  |  |  |
| &nbsp;&nbsp; U.S. 5-Year Treasury Note | (30) | Sep-2025 | $(3235) | $(3246) | $(11) |
| &nbsp;&nbsp; U.S. Long Treasury Bond | (11) | Sep-2025 | (1213) | (1240) | (27) |
| &nbsp;&nbsp; U.S. Ultra Long Treasury Bond | (8) | Sep-2025 | (912) | (929) | (17) |
| &nbsp;&nbsp; Ultra 10-Year U.S. Treasury Note | (61) | Sep-2025 | (6772) | (6865) | (93) |
|  |  |  | (12132) | (12280) | (148) |
|  |  |  | $30058 | $30189 | $131 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $495,003 ($ Thousands). |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (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 May 31, 2025, the value of these securities amounted to $23,546 ($ Thousands), representing 4.8% of the Net Assets of the Fund. |
| (B) | Zero coupon security.  |
| (C) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (D) | Interest rate represents the security's effective yield at the time of purchase. |
| (E) | Security, or a portion thereof, has been pledged as collateral on open futures contracts. The total market value of such securities as of May 31, 2025 was 193 ($ Thousands). |
| (F) | No interest rate available. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Corporate Obligations |  | 304602 |  | 304602 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations |  | 164055 |  | 164055 |
| &nbsp;&nbsp;&nbsp; Municipal Bonds |  | 8760 |  | 8760 |
| &nbsp;&nbsp;&nbsp; Sovereign Debt |  | 5190 |  | 5190 |
| &nbsp;&nbsp;&nbsp; U.S. Government Agency Obligations |  | 2601 |  | 2601 |
| &nbsp;&nbsp;&nbsp; Mortgage-Backed Securities |  | 951 |  | 951 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 11325 | – |  | 11325 |
|  Total Investments in Securities | 11325 | 486159 |  | 497484 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 281 |  |  | 281 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (150) |  |  | (150) |
| Total Other Financial Instruments | 131 |  |  | 131 |

---

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

For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Fund** (Concluded)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $23868 | $356840 | $(369383) | $— | $— | $11325 | $278 | $— |

---

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

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Credit Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS — 86.8%** | **CORPORATE OBLIGATIONS — 86.8%** | **CORPORATE OBLIGATIONS — 86.8%** |
| **Communication Services — 5.4%** | **Communication Services — 5.4%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/15/2065  | $4127 | $3952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2055  | 4890 | 4729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.050%, 08/15/2050  | 2229 | 1212 |
| &nbsp;&nbsp;&nbsp; America Movil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 03/30/2040  | 105 | 107 |
| &nbsp;&nbsp;&nbsp; AT&T  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 12/15/2042  | 500 | 414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 09/15/2055  | 860 | 569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 06/01/2041  | 560 | 428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/15/2053  | 2857 | 1898 |
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC / Charter Communications Operating Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.484%, 10/23/2045  | 2620 | 2521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 03/01/2050  | 1525 | 1179 |
| &nbsp;&nbsp;&nbsp; Comcast  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 08/15/2045  | 1150 | 973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.049%, 11/01/2052  | 5368 | 3955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/01/2048  | 3165 | 2379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.969%, 11/01/2047  | 7135 | 5350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 07/15/2046  | 3685 | 2554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.987%, 11/01/2063  | 33199 | 18278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.937%, 11/01/2056  | 40855 | 23361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.887%, 11/01/2051  | 17522 | 10398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 01/15/2051  | 345 | 202 |
| &nbsp;&nbsp;&nbsp; Meta Platforms  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/15/2063  | 1665 | 1645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 05/15/2053  | 4890 | 4783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 08/15/2064  | 8240 | 7885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 08/15/2054  | 10436 | 9907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 08/15/2052  | 8259 | 6830 |
| &nbsp;&nbsp;&nbsp; NBCUniversal Media LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 01/15/2043  | 1157 | 969 |
| &nbsp;&nbsp;&nbsp; Paramount Global  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 04/30/2036  | 680 | 691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 10/15/2040  | 355 | 317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/15/2043  | 1930 | 1407 |
| &nbsp;&nbsp;&nbsp; Time Warner Cable LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.300%, 07/01/2038  | 2141 | 2282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 06/15/2039  | 945 | 956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/15/2040  | 300 | 280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 09/15/2042  | 1000 | 770 |
| &nbsp;&nbsp;&nbsp; T-Mobile USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/2055  | 2361 | 2182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 02/15/2051  | 500 | 325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/15/2041  | 560 | 401 |
| &nbsp;&nbsp;&nbsp; TWDC Enterprises 18  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 12/01/2041  | 1475 | 1224 |
| &nbsp;&nbsp;&nbsp; TWDC Enterprises 18 MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 06/01/2044  | 1854 | 1512 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Verizon Communications  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 03/01/2052  | $| 2984 | $2166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 03/22/2041  |  | 1695 | 1281 |
| &nbsp;&nbsp;&nbsp; Walt Disney  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 01/13/2051  |  | 6176 | 4435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 05/13/2040  |  | 7265 | 5834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 09/01/2049  |  | 21656 | 13294 |
| &nbsp;&nbsp;&nbsp; Warnermedia Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.391%, 03/15/2062  |  | 4987 | 3210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.141%, 03/15/2052  |  | 1705 | 1105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/15/2042  |  | 1575 | 1133 |
|  |  |  | 161283 |
| **Consumer Discretionary — 3.8%** | **Consumer Discretionary — 3.8%** | **Consumer Discretionary — 3.8%** |  |
| &nbsp;&nbsp;&nbsp; 7-Eleven  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 02/10/2041 (A) |  | 1155 | 744 |
| &nbsp;&nbsp;&nbsp; Alimentation Couche-Tard  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 07/26/2047 (A) |  | 735 | 582 |
| &nbsp;&nbsp;&nbsp; Amazon.com  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 08/22/2047  |  | 4431 | 3607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 04/13/2052  |  | 6321 | 4887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/22/2037  |  | 2145 | 1911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 05/12/2061  |  | 13336 | 8492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 05/12/2051  |  | 7149 | 4735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 05/12/2041  |  | 2070 | 1518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 06/03/2060  |  | 6575 | 3687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 06/03/2050  |  | 13138 | 7725 |
| &nbsp;&nbsp;&nbsp; Aptiv Swiss Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 12/01/2051  |  | 1065 | 610 |
| &nbsp;&nbsp;&nbsp; Emory University  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.969%, 09/01/2050  |  | 1660 | 1043 |
| &nbsp;&nbsp;&nbsp; Ford Foundation  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.815%, 06/01/2070  |  | 890 | 480 |
| &nbsp;&nbsp;&nbsp; Ford Motor  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/15/2043  |  | 495 | 372 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 02/07/2035  |  | 2250 | 2194 |
| &nbsp;&nbsp;&nbsp; Georgetown University  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.215%, 10/01/2118  |  | 1171 | 998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.315%, 04/01/2049  |  | 1705 | 1368 |
| &nbsp;&nbsp;&nbsp; Home Depot  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/01/2041  |  | 1520 | 1574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 06/25/2064  |  | 215 | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/25/2054  |  | 8620 | 8063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/15/2052  |  | 1350 | 1196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 12/06/2048  |  | 3640 | 3048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 03/15/2045  |  | 5945 | 4996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2046  |  | 3982 | 3255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 04/01/2043  |  | 1820 | 1517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 06/15/2047  |  | 14648 | 11235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 04/15/2050  |  | 5260 | 3599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 04/15/2040  |  | 2180 | 1702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 12/15/2049  |  | 2805 | 1835 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Credit Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 09/15/2051  | $| 3295 | $1961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 03/15/2051  |  | 6819 | 3730 |
| &nbsp;&nbsp;&nbsp; Johns Hopkins University  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.083%, 07/01/2053  |  | 1500 | 1165 |
| &nbsp;&nbsp;&nbsp; Lowe's  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2052  |  | 550 | 418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 04/15/2046  |  | 2116 | 1535 |
| &nbsp;&nbsp;&nbsp; Massachusetts Institute of Technology  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.618%, 06/01/2055  |  | 1635 | 1631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.067%, 04/01/2052  |  | 2540 | 1642 |
| &nbsp;&nbsp;&nbsp; NIKE  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 05/01/2043  |  | 1270 | 979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 03/27/2040  |  | 3335 | 2576 |
| &nbsp;&nbsp;&nbsp; Northwestern University  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.688%, 12/01/2038  |  | 1040 | 900 |
| &nbsp;&nbsp;&nbsp; Pomona College  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.888%, 01/01/2051  |  | 1240 | 761 |
| &nbsp;&nbsp;&nbsp; President & Fellows of Harvard College  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.745%, 11/15/2052  |  | 745 | 549 |
| &nbsp;&nbsp;&nbsp; Rockefeller Foundation  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.492%, 10/01/2050  |  | 4090 | 2342 |
| &nbsp;&nbsp;&nbsp; Starbucks  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 03/12/2050  |  | 905 | 591 |
| &nbsp;&nbsp;&nbsp; Trustees of Boston College  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.042%, 07/01/2057  |  | 680 | 409 |
| &nbsp;&nbsp;&nbsp; University of Chicago  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.761%, 04/01/2045  |  | 2520 | 1871 |
| &nbsp;&nbsp;&nbsp; University of Southern California  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.841%, 10/01/2047  |  | 1285 | 986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.028%, 10/01/2039  |  | 2300 | 1823 |
| &nbsp;&nbsp;&nbsp; Volkswagen Group of America Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 03/27/2035 (A) |  | 830 | 820 |
|  |  |  | 113863 |
| **Consumer Staples — 5.6%** | **Consumer Staples — 5.6%** | **Consumer Staples — 5.6%** |  |
| &nbsp;&nbsp;&nbsp; Altria Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.200%, 02/06/2039  |  | 1136 | 1550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.950%, 11/10/2038  |  | 500 | 651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/02/2043  |  | 100 | 81 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 08/09/2042  |  | 575 | 456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/16/2046  |  | 60 | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 02/04/2041  |  | 1043 | 755 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 02/01/2046  |  | 48262 | 43509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 02/01/2036  |  | 17465 | 16788 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch InBev Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.200%, 01/15/2039  |  | 1240 | 1559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/15/2039  |  | 3821 | 4757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 01/23/2049  |  | 6550 | 6428 |
| &nbsp;&nbsp;&nbsp; BAT Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.758%, 09/06/2049  |  | 1046 | 840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.390%, 08/15/2037  |  | 720 | 633 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.734%, 09/25/2040  | $335 | $257 |
| &nbsp;&nbsp;&nbsp; Church & Dwight  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/15/2052  | 227 | 199 |
| &nbsp;&nbsp;&nbsp; Coca-Cola  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 05/13/2064  | 2720 | 2576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 01/14/2055  | 3310 | 3098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 03/15/2051  | 2085 | 1212 |
| &nbsp;&nbsp;&nbsp; Constellation Brands  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 05/01/2050  | 430 | 305 |
| &nbsp;&nbsp;&nbsp; CSL Finance PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.106%, 04/03/2034 (A) | 1345 | 1344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 04/27/2052 (A) | 3089 | 2575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 04/27/2042 (A) | 320 | 278 |
| &nbsp;&nbsp;&nbsp; Dollar Tree  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 12/01/2051  | 1105 | 667 |
| &nbsp;&nbsp;&nbsp; Hormel Foods  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 06/03/2051  | 1305 | 830 |
| &nbsp;&nbsp;&nbsp; J M Smucker  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 11/15/2043  | 270 | 282 |
| &nbsp;&nbsp;&nbsp; JBS USA Holding Lux SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 11/15/2053  | 2645 | 2917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/01/2052  | 1440 | 1459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 02/25/2055 (A) | 1005 | 999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 02/02/2052  | 1930 | 1453 |
| &nbsp;&nbsp;&nbsp; Kenvue  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 03/22/2043  | 580 | 548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/22/2053  | 1700 | 1552 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 03/01/2041  | 1315 | 1273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 05/04/2047  | 1670 | 1273 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Foods  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 08/01/2039 (A) | 1160 | 1279 |
| &nbsp;&nbsp;&nbsp; Mars  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/01/2065 (A) | 300 | 291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 05/01/2055 (A) | 9635 | 9347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 05/01/2045 (A) | 7325 | 7186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 04/01/2049 (A) | 2280 | 1741 |
| &nbsp;&nbsp;&nbsp; Nestle Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 03/12/2054 (A) | 1000 | 924 |
| &nbsp;&nbsp;&nbsp; Nestle Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 09/24/2038 (A) | 1640 | 1443 |
| &nbsp;&nbsp;&nbsp; PepsiCo  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/17/2054  | 1705 | 1613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 02/15/2053  | 2834 | 2432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 10/06/2046  | 6055 | 4409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 07/29/2049  | 580 | 407 |
| &nbsp;&nbsp;&nbsp; Philip Morris International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 11/15/2043  | 3640 | 3253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/20/2042  | 5750 | 4951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 03/04/2043  | 586 | 479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/21/2042  | 945 | 750 |
| &nbsp;&nbsp;&nbsp; Reynolds American  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 05/01/2040  | 2390 | 2766 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Target  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 01/15/2052  | $| 5555 | $3424 |
| &nbsp;&nbsp;&nbsp; Walmart  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 04/28/2035  |  | 8555 | 8556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 09/09/2052  |  | 1930 | 1659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/15/2053  |  | 4319 | 3713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 09/22/2051  |  | 4940 | 3035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 09/22/2041  |  | 3601 | 2487 |
|  |  |  | 169292 |
| **Energy — 6.0%** | **Energy — 6.0%** | **Energy — 6.0%** |  |
| &nbsp;&nbsp;&nbsp; BG Energy Capital PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 10/15/2041 (A) |  | 1600 | 1497 |
| &nbsp;&nbsp;&nbsp; BP Capital Markets America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.812%, 02/13/2033  |  | 4695 | 4608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.379%, 02/08/2061  |  | 13591 | 8468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.001%, 03/17/2052  |  | 165 | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/24/2050  |  | 1497 | 938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.939%, 06/04/2051  |  | 3840 | 2338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.772%, 11/10/2050  |  | 4492 | 2661 |
| &nbsp;&nbsp;&nbsp; Cenovus Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 11/15/2039  |  | 245 | 258 |
| &nbsp;&nbsp;&nbsp; Chevron USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.343%, 08/12/2050  |  | 1685 | 932 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 09/15/2063  |  | 970 | 893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 01/15/2065  |  | 4360 | 4016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 03/15/2054  |  | 900 | 835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/2055  |  | 1565 | 1443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/15/2053  |  | 375 | 334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 11/15/2044  |  | 3645 | 2937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.025%, 03/15/2062  |  | 14384 | 9981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 03/15/2052  |  | 2070 | 1449 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/18/2054  |  | 1516 | 1359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 03/15/2052  |  | 2275 | 1658 |
| &nbsp;&nbsp;&nbsp; Eastern Energy Gas Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 01/15/2055  |  | 787 | 786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 10/15/2054  |  | 1739 | 1603 |
| &nbsp;&nbsp;&nbsp; Enbridge  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 11/15/2053  |  | 1175 | 1231 |
| &nbsp;&nbsp;&nbsp; Energy Transfer LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 06/01/2041  |  | 2225 | 2157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 10/01/2047  |  | 822 | 709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 03/15/2045  |  | 3790 | 3222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/15/2050  |  | 255 | 206 |
| &nbsp;&nbsp;&nbsp; Eni SpA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 10/01/2040 (A) |  | 2285 | 2164 |
| &nbsp;&nbsp;&nbsp; Enterprise Products Operating LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.550%, 04/15/2038  |  | 2000 | 2339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 10/15/2039  |  | 1335 | 1390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 02/01/2041  |  | 166 | 167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 02/16/2055  |  | 12102 | 11292 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 05/15/2046  | $6680 | $5836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 08/15/2042  | 4025 | 3568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 03/15/2044  | 1365 | 1197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 01/31/2051  | 370 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 02/15/2053  | 310 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 02/15/2052  | 170 | 107 |
| &nbsp;&nbsp;&nbsp; EOG Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 12/01/2054  | 660 | 625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 04/15/2050  | 1600 | 1380 |
| &nbsp;&nbsp;&nbsp; Equinor  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 08/17/2040  | 2335 | 2219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 11/08/2043  | 899 | 806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 04/06/2050  | 3785 | 2758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 04/06/2040  | 2600 | 2090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 11/18/2049  | 1059 | 712 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.327%, 03/19/2050  | 6073 | 4911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.227%, 03/19/2040  | 3450 | 3023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.114%, 03/01/2046  | 985 | 788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.452%, 04/15/2051  | 14322 | 9876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.095%, 08/16/2049  | 775 | 504 |
| &nbsp;&nbsp;&nbsp; Greensaif Pipelines Bidco SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.103%, 08/23/2042 (A) | 1100 | 1082 |
| &nbsp;&nbsp;&nbsp; Hess  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2040  | 3620 | 3720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 02/15/2041  | 2555 | 2477 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/15/2054  | 300 | 234 |
| &nbsp;&nbsp;&nbsp; MPLX LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/15/2038  | 240 | 207 |
| &nbsp;&nbsp;&nbsp; Northern Natural Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/15/2049 (A) | 1530 | 1183 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 09/15/2036  | 2050 | 2014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 08/15/2039  | 462 | 354 |
| &nbsp;&nbsp;&nbsp; Saudi Arabian Oil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 06/02/2055 (A) | 4260 | 4175 |
| &nbsp;&nbsp;&nbsp; Saudi Arabian Oil MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 07/17/2064 (A) | 745 | 666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 07/17/2054 (A) | 4630 | 4199 |
| &nbsp;&nbsp;&nbsp; Shell Finance US  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 08/12/2043  | 1795 | 1543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 05/11/2045  | 10495 | 8677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/10/2046  | 2180 | 1697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/12/2046  | 8159 | 6111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 04/06/2050  | 160 | 106 |
| &nbsp;&nbsp;&nbsp; Shell International Finance BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 12/15/2038  | 4496 | 4879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 08/21/2042  | 1150 | 878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 11/26/2051  | 4887 | 3051 |
| &nbsp;&nbsp;&nbsp; Suncor Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 12/01/2034  | 1168 | 1183 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Credit Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Tennessee Gas Pipeline LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 06/15/2032  | $| 2020 | $2298 |
| &nbsp;&nbsp;&nbsp; TotalEnergies Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.638%, 04/05/2064  |  | 3745 | 3500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.425%, 09/10/2064  |  | 1335 | 1211 |
| &nbsp;&nbsp;&nbsp; TotalEnergies Capital International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.127%, 05/29/2050  |  | 13450 | 8623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.986%, 06/29/2041  |  | 1320 | 945 |
| &nbsp;&nbsp;&nbsp; TransCanada PipeLines  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 03/31/2034  |  | 835 | 833 |
| &nbsp;&nbsp;&nbsp; Williams  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/04/2044  |  | 1000 | 914 |
|  |  |  | 181589 |
| **Financials — 19.4%** | **Financials — 19.4%** | **Financials — 19.4%** |  |
| &nbsp;&nbsp;&nbsp; AIA Group MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 09/30/2054 (A) |  | 760 | 696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 03/11/2044 (A) |  | 3372 | 3064 |
| &nbsp;&nbsp;&nbsp; Alleghany  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 09/15/2044  |  | 1325 | 1178 |
| &nbsp;&nbsp;&nbsp; Allstate  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/15/2043  |  | 528 | 445 |
| &nbsp;&nbsp;&nbsp; American Express  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.667%, SOFRRATE + 1.790%, 04/25/2036 (B) |  | 935 | 955 |
| &nbsp;&nbsp;&nbsp; Aon Corp / Aon Global Holdings PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 02/28/2052  |  | 1035 | 743 |
| &nbsp;&nbsp;&nbsp; Apollo Global Management  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/21/2054  |  | 3355 | 3212 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 02/15/2055  |  | 2190 | 2030 |
| &nbsp;&nbsp;&nbsp; Bank of America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 05/14/2038  |  | 1515 | 1774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/15/2036  |  | 3765 | 3903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.872%, SOFRRATE + 1.840%, 09/15/2034 (B) |  | 1335 | 1387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.511%, SOFRRATE + 1.310%, 01/24/2036 (B) |  | 3265 | 3291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.468%, SOFRRATE + 1.650%, 01/23/2035 (B) |  | 7310 | 7386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.311%, SOFRRATE + 1.580%, 04/22/2042 (B) |  | 19969 | 14883 |
| &nbsp;&nbsp;&nbsp; Bank of America MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 02/07/2042  |  | 1935 | 1984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.425%, SOFRRATE + 1.913%, 08/15/2035 (B) |  | 745 | 730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.083%, TSFR3M + 3.412%, 03/20/2051 (B) |  | 10420 | 8048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.078%, TSFR3M + 1.582%, 04/23/2040 (B) |  | 5610 | 4762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.676%, SOFRRATE + 1.930%, 06/19/2041 (B) |  | 34638 | 24152 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 05/15/2042  | $1180 | $1064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 05/15/2043  | 1470 | 1276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 08/15/2048  | 1575 | 1293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 03/15/2052  | 6200 | 4647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 10/15/2050  | 5086 | 3199 |
| &nbsp;&nbsp;&nbsp; BlackRock Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/08/2055  | 5620 | 5338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/14/2054  | 4860 | 4548 |
| &nbsp;&nbsp;&nbsp; Blackstone Holdings Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 08/15/2042 (A) | 1802 | 1815 |
| &nbsp;&nbsp;&nbsp; BPCE  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.027%, SOFRRATE + 1.956%, 05/28/2036 (A)(B) | 2775 | 2816 |
| &nbsp;&nbsp;&nbsp; Brookfield Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.968%, 03/04/2054  | 7635 | 7380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.813%, 03/03/2055  | 4129 | 3914 |
| &nbsp;&nbsp;&nbsp; Brookfield Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 04/15/2050  | 545 | 357 |
| &nbsp;&nbsp;&nbsp; Carlyle Holdings II Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 03/30/2043 (A) | 1252 | 1169 |
| &nbsp;&nbsp;&nbsp; Chubb INA Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 05/15/2036  | 3710 | 4130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 11/03/2045  | 2895 | 2422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 12/15/2061  | 3090 | 1838 |
| &nbsp;&nbsp;&nbsp; Cincinnati Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 11/01/2034  | 1853 | 1953 |
| &nbsp;&nbsp;&nbsp; Citibank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.570%, 04/30/2034  | 2280 | 2335 |
| &nbsp;&nbsp;&nbsp; Citigroup  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 07/15/2039  | 5065 | 6236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.612%, SOFRRATE + 1.746%, 03/04/2056 (B) | 7092 | 6757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.316%, SOFRRATE + 4.548%, 03/26/2041 (B) | 3630 | 3461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 07/30/2045  | 1134 | 971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.281%, TSFR3M + 2.101%, 04/24/2048 (B) | 6550 | 5241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.878%, TSFR3M + 1.430%, 01/24/2039 (B) | 3630 | 3048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.904%, SOFRRATE + 1.379%, 11/03/2042 (B) | 3605 | 2479 |
| &nbsp;&nbsp;&nbsp; Citigroup Capital III  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 12/01/2036  | 890 | 973 |
| &nbsp;&nbsp;&nbsp; CME Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 06/15/2048  | 1634 | 1340 |
| &nbsp;&nbsp;&nbsp; Commonwealth Bank of Australia  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.929%, H15T1Y + 1.320%, 03/14/2046 (A)(B) | 2554 | 2451 |
| &nbsp;&nbsp;&nbsp; Corestates Capital III  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.158%, TSFR3M + 0.832%, 02/15/2027 (A)(B) | 375 | 375 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Farmers Exchange Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.200%, 07/15/2048 (A) | $800 | $789 |
| &nbsp;&nbsp;&nbsp; Farmers Exchange Capital II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.151%, TSFR3M + 4.006%, 11/01/2053 (A)(B) | 2890 | 2711 |
| &nbsp;&nbsp;&nbsp; Farmers Insurance Exchange  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, H15T10Y + 3.864%, 10/15/2064 (A)(B) | 830 | 811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.747%, SOFRRATE + 3.231%, 11/01/2057 (A)(B) | 310 | 248 |
| &nbsp;&nbsp;&nbsp; Global Payments  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 08/15/2052  | 290 | 269 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Capital I  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.345%, 02/15/2034  | 5030 | 5176 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 02/01/2041  | 4014 | 4186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.734%, SOFRRATE + 1.696%, 01/28/2056 (B) | 5945 | 5778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.561%, SOFRRATE + 1.580%, 11/19/2045 (B) | 8610 | 8244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.016%, SOFRRATE + 1.420%, 10/23/2035 (B) | 4685 | 4534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.411%, TSFR3M + 1.692%, 04/23/2039 (B) | 14485 | 12719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.017%, TSFR3M + 1.635%, 10/31/2038 (B) | 8895 | 7575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.436%, SOFRRATE + 1.632%, 02/24/2043 (B) | 1435 | 1061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.210%, SOFRRATE + 1.513%, 04/22/2042 (B) | 4038 | 2937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.908%, SOFRRATE + 1.472%, 07/21/2042 (B) | 4300 | 2990 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 07/08/2044  | 4238 | 3705 |
| &nbsp;&nbsp;&nbsp; HSBC Bank USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 01/15/2039  | 8132 | 9142 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 09/15/2037  | 2690 | 2832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.332%, SOFRRATE + 2.650%, 03/09/2044 (B) | 1800 | 1889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.790%, SOFRRATE + 1.880%, 05/13/2036 (B) | 1360 | 1370 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.141%, H15T5Y + 1.700%, 11/18/2039 (B) | 830 | 828 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 09/21/2048  | 1800 | 1436 |
| &nbsp;&nbsp;&nbsp; JAB Holdings BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/08/2052 (A) | 1270 | 943 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 05/15/2038  | 2469 | 2687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.766%, SOFRRATE + 1.490%, 04/22/2035 (B) | 1785 | 1846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 07/15/2041  | 2670 | 2677 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.572%, SOFRRATE + 1.680%, 04/22/2036 (B) | $3375 | $3434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.534%, SOFRRATE + 1.550%, 11/29/2045 (B) | 7615 | 7458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 10/15/2040  | 2675 | 2662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 01/06/2042  | 2789 | 2742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.336%, SOFRRATE + 1.620%, 01/23/2035 (B) | 7935 | 7984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.294%, SOFRRATE + 1.460%, 07/22/2035 (B) | 505 | 504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.946%, SOFRRATE + 1.340%, 10/22/2035 (B) | 4185 | 4061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.032%, TSFR3M + 1.722%, 07/24/2048 (B) | 1285 | 1011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.964%, TSFR3M + 1.642%, 11/15/2048 (B) | 8950 | 6949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.897%, TSFR3M + 1.482%, 01/23/2049 (B) | 4975 | 3814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.882%, TSFR3M + 1.622%, 07/24/2038 (B) | 20140 | 17346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.328%, SOFRRATE + 1.580%, 04/22/2052 (B) | 9968 | 6768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.157%, SOFRRATE + 1.460%, 04/22/2042 (B) | 4380 | 3226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.109%, SOFRRATE + 2.440%, 04/22/2051 (B) | 180 | 117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.109%, TSFR3M + 2.460%, 04/22/2041 (B) | 415 | 310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.525%, TSFR3M + 1.510%, 11/19/2041 (B) | 4570 | 3119 |
| &nbsp;&nbsp;&nbsp; KKR Group Finance II LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/01/2043 (A) | 1073 | 989 |
| &nbsp;&nbsp;&nbsp; KKR Group Finance III LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/01/2044 (A) | 1872 | 1649 |
| &nbsp;&nbsp;&nbsp; LSEGA Financing PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 04/06/2041 (A) | 4214 | 3144 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 11/01/2052  | 3010 | 3153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 09/15/2053  | 1890 | 1849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/15/2053  | 1030 | 970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/15/2054  | 185 | 174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/15/2055  | 1272 | 1188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 03/15/2049  | 2742 | 2408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 01/30/2047  | 1275 | 1052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 03/01/2048  | 3890 | 3098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 12/15/2051  | 1175 | 712 |
| &nbsp;&nbsp;&nbsp; Massachusetts Mutual Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 04/01/2077 (A) | 2690 | 2164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.729%, 10/15/2070 (A) | 2275 | 1455 |
| &nbsp;&nbsp;&nbsp; Mastercard  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 02/26/2048  | 1210 | 955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 03/26/2050  | 8066 | 6190 |
| &nbsp;&nbsp;&nbsp; MetLife  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 02/06/2041  | 500 | 510 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Credit Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 06/15/2035  | $1674 | $1746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2054  | 1100 | 1009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/2052  | 3725 | 3297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 11/13/2043  | 3080 | 2774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.721%, 12/15/2044  | 3360 | 2917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/13/2042  | 2355 | 1936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 03/01/2045  | 1245 | 996 |
| &nbsp;&nbsp;&nbsp; Moody's  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 12/17/2048  | 2216 | 1932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 05/20/2050  | 420 | 273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 08/19/2041  | 250 | 171 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.664%, SOFRRATE + 1.757%, 04/17/2036 (B) | 2950 | 2998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.516%, SOFRRATE + 1.710%, 11/19/2055 (B) | 8695 | 8285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.466%, SOFRRATE + 1.730%, 01/18/2035 (B) | 1935 | 1946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.457%, TSFR3M + 1.693%, 04/22/2039 (B) | 3743 | 3393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.217%, SOFRRATE + 1.485%, 04/22/2042 (B) | 5550 | 4081 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.831%, SOFRRATE + 1.580%, 04/19/2035 (B) | 3315 | 3418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, SOFRRATE + 1.870%, 04/21/2034 (B) | 355 | 355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 01/22/2047  | 125 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/27/2045  | 7775 | 6453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.971%, TSFR3M + 1.455%, 07/22/2038 (B) | 8535 | 7295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.802%, SOFRRATE + 1.430%, 01/25/2052 (B) | 765 | 460 |
| &nbsp;&nbsp;&nbsp; Nationwide Mutual Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.375%, 08/15/2039 (A) | 1820 | 2330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 04/30/2050 (A) | 2295 | 1707 |
| &nbsp;&nbsp;&nbsp; New York Life Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/23/2035 (A) | 3240 | 3276 |
| &nbsp;&nbsp;&nbsp; New York Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 11/15/2039 (A) | 3545 | 3922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 05/15/2033 (A) | 1170 | 1214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 05/15/2050 (A) | 1960 | 1407 |
| &nbsp;&nbsp;&nbsp; Northwestern Mutual Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.170%, 05/29/2055 (A) | 3054 | 3141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 09/30/2059 (A) | 5902 | 3906 |
| &nbsp;&nbsp;&nbsp; Pacific Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, SOFRRATE + 2.796%, 10/24/2067 (A)(B) | 388 | 298 |
| &nbsp;&nbsp;&nbsp; Pacific LifeCorp  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 09/15/2050 (A) | 547 | 359 |
| &nbsp;&nbsp;&nbsp; PayPal Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 04/01/2035  | 1130 | 1114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 06/01/2050  | 3850 | 2517 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.676%, SOFRRATE + 1.902%, 01/22/2035 (B) | $100 | $102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.575%, SOFRRATE + 1.394%, 01/29/2036 (B) | 580 | 584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.401%, SOFRRATE + 1.599%, 07/23/2035 (B) | 3225 | 3219 |
| &nbsp;&nbsp;&nbsp; Pricoa Global Funding I  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 05/28/2035 (A) | 1575 | 1580 |
| &nbsp;&nbsp;&nbsp; Progressive  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/15/2052  | 4440 | 3200 |
| &nbsp;&nbsp;&nbsp; Prudential Financial MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 12/14/2036  | 2613 | 2685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/13/2051  | 1305 | 931 |
| &nbsp;&nbsp;&nbsp; Raymond James Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 07/15/2046  | 1164 | 1021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/01/2051  | 2669 | 1899 |
| &nbsp;&nbsp;&nbsp; S&P Global  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 03/01/2062  | 550 | 399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/01/2052  | 2235 | 1650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 12/01/2049  | 2331 | 1612 |
| &nbsp;&nbsp;&nbsp; Teachers Insurance & Annuity Association of America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 09/15/2044 (A) | 4475 | 3932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.270%, 05/15/2047 (A) | 2793 | 2206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 05/15/2050 (A) | 3775 | 2475 |
| &nbsp;&nbsp;&nbsp; Travelers  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 05/25/2053  | 3585 | 3429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 08/01/2043  | 3690 | 3188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 03/04/2049  | 3853 | 3026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 03/07/2048  | 1300 | 1018 |
| &nbsp;&nbsp;&nbsp; Travelers MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 06/15/2037  | 1205 | 1308 |
| &nbsp;&nbsp;&nbsp; Truist Financial MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.867%, SOFRRATE + 2.361%, 06/08/2034 (B) | 1635 | 1675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.711%, SOFRRATE + 1.922%, 01/24/2035 (B) | 6605 | 6711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.122%, SOFRRATE + 1.852%, 01/26/2034 (B) | 670 | 657 |
| &nbsp;&nbsp;&nbsp; UBS  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/26/2048  | 2235 | 1870 |
| &nbsp;&nbsp;&nbsp; UBS Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.580%, SOFRRATE + 1.760%, 05/09/2036 (A)(B) | 1155 | 1156 |
| &nbsp;&nbsp;&nbsp; US Bancorp  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.836%, SOFRRATE + 2.260%, 06/12/2034 (B) | 535 | 552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.678%, SOFRRATE + 1.860%, 01/23/2035 (B) | 1450 | 1477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.424%, SOFRRATE + 1.411%, 02/12/2036 (B) | 920 | 918 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Visa  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 12/14/2045  | $| 8405 | $7172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 04/15/2040  |  | 685 | 509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 08/15/2050  |  | 6250 | 3333 |
| &nbsp;&nbsp;&nbsp; Wells Fargo  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.950%, 11/15/2029  |  | 505 | 562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.600%, 01/15/2038  |  | 9970 | 10802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 08/26/2036  |  | 5460 | 5584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 12/15/2036  |  | 1002 | 995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 02/01/2037  |  | 8552 | 8678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.606%, 01/15/2044  |  | 431 | 405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.605%, SOFRRATE + 1.740%, 04/23/2036 (B) |  | 2805 | 2838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.499%, SOFRRATE + 1.780%, 01/23/2035 (B) |  | 4675 | 4702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.389%, SOFRRATE + 2.020%, 04/24/2034 (B) |  | 2250 | 2260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 05/01/2045  |  | 3324 | 2554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.068%, SOFRRATE + 2.530%, 04/30/2041 (B) |  | 3030 | 2220 |
| &nbsp;&nbsp;&nbsp; Wells Fargo MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.013%, TSFR3M + 4.502%, 04/04/2051 (B) |  | 15987 | 14028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 11/17/2045  |  | 1585 | 1353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 12/07/2046  |  | 4585 | 3793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 11/04/2044  |  | 2430 | 2021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.611%, SOFRRATE + 2.130%, 04/25/2053 (B) |  | 5305 | 4369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 06/14/2046  |  | 5850 | 4631 |
| &nbsp;&nbsp;&nbsp; Westpac Banking  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.618%, H15T1Y + 1.200%, 11/20/2035 (B) |  | 1315 | 1305 |
| &nbsp;&nbsp;&nbsp; XL Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 12/15/2043  |  | 2405 | 2259 |
|  |  |  | 583879 |
| **Health Care — 13.5%** | **Health Care — 13.5%** | **Health Care — 13.5%** |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/27/2040  |  | 1520 | 1520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 11/30/2046  |  | 7208 | 6684 |
| &nbsp;&nbsp;&nbsp; AbbVie  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 03/15/2055  |  | 1010 | 985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2064  |  | 3650 | 3462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/15/2054  |  | 13454 | 12734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 03/15/2044  |  | 765 | 732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 06/15/2044  |  | 225 | 202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/15/2045  |  | 6580 | 5785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 05/14/2045  |  | 3859 | 3388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 11/06/2042  |  | 635 | 545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/21/2049  |  | 20426 | 16365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 11/21/2039  |  | 2250 | 1921 |
| &nbsp;&nbsp;&nbsp; Advocate Health & Hospitals  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.272%, 08/15/2048  |  | 1717 | 1340 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Alcon Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 09/23/2049 (A) | $1070 | $756 |
| &nbsp;&nbsp;&nbsp; Allina Health System  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.805%, 11/15/2045  | 1666 | 1422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.887%, 04/15/2049  | 1454 | 1077 |
| &nbsp;&nbsp;&nbsp; Amgen  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/02/2063  | 255 | 241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 03/01/2053  | 530 | 451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.663%, 06/15/2051  | 800 | 664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 05/01/2045  | 1020 | 846 |
| &nbsp;&nbsp;&nbsp; Ascension Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.847%, 11/15/2053  | 520 | 453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.945%, 11/15/2046  | 1291 | 1010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.106%, 11/15/2039  | 3130 | 2392 |
| &nbsp;&nbsp;&nbsp; AstraZeneca PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 09/15/2037  | 4349 | 4802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 11/16/2045  | 3734 | 3174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 05/28/2051  | 1873 | 1211 |
| &nbsp;&nbsp;&nbsp; Banner Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.907%, 01/01/2042  | 1781 | 1220 |
| &nbsp;&nbsp;&nbsp; Baptist Health South Florida  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.342%, 11/15/2041  | 610 | 510 |
| &nbsp;&nbsp;&nbsp; Bayer US Finance II LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 07/15/2064 (A) | 720 | 517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 07/15/2044 (A) | 1942 | 1455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 04/15/2045 (A) | 2680 | 1854 |
| &nbsp;&nbsp;&nbsp; Bayer US Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/21/2053 (A) | 910 | 921 |
| &nbsp;&nbsp;&nbsp; Baylor Scott & White Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.185%, 11/15/2045  | 1250 | 1012 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 11/15/2063  | 2430 | 2559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 02/22/2064  | 880 | 832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 02/22/2054  | 7055 | 6700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 02/20/2048  | 1614 | 1352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/26/2049  | 13074 | 10299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 03/15/2062  | 1910 | 1328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/15/2052  | 7449 | 5269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 03/15/2042  | 1060 | 817 |
| &nbsp;&nbsp;&nbsp; Carilion Clinic Obligated Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.147%, 07/01/2051  | 535 | 336 |
| &nbsp;&nbsp;&nbsp; Children's Health Care  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.448%, 08/15/2049  | 815 | 570 |
| &nbsp;&nbsp;&nbsp; Children's Hospital Medical Center  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.820%, 11/15/2050  | 780 | 481 |
| &nbsp;&nbsp;&nbsp; Cigna Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 08/15/2038  | 600 | 549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 10/15/2047  | 1200 | 871 |
| &nbsp;&nbsp;&nbsp; City of Hope  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.623%, 11/15/2043  | 920 | 863 |
| &nbsp;&nbsp;&nbsp; Cleveland Clinic Foundation  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.858%, 01/01/2114  | 1223 | 988 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Credit Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; CommonSpirit Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.187%, 10/01/2049  | $805 | $605 |
| &nbsp;&nbsp;&nbsp; CVS Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, H15T5Y + 2.886%, 03/10/2055 (B) | 35 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, H15T5Y + 2.516%, 12/10/2054 (B) | 150 | 146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/01/2053  | 540 | 497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/25/2048  | 5980 | 4986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.780%, 03/25/2038  | 2585 | 2297 |
| &nbsp;&nbsp;&nbsp; Danaher  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 12/10/2051  | 1315 | 794 |
| &nbsp;&nbsp;&nbsp; Elevance Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 10/15/2052  | 350 | 347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 11/01/2064  | 675 | 635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 02/15/2055  | 1550 | 1458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 06/15/2054  | 2206 | 2058 |
| &nbsp;&nbsp;&nbsp; Eli Lilly  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/12/2055  | 4210 | 4118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 08/14/2064  | 2491 | 2293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 02/09/2064  | 4827 | 4348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 08/14/2054  | 3725 | 3401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/09/2054  | 5350 | 4855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 02/27/2063  | 4619 | 4067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 02/27/2053  | 3580 | 3178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 03/15/2049  | 3575 | 2782 |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.377%, 11/22/2052  | 430 | 454 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 11/15/2054  | 3295 | 3150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 04/01/2044  | 750 | 667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/01/2045  | 2155 | 1839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 03/01/2047  | 2590 | 2071 |
| &nbsp;&nbsp;&nbsp; GlaxoSmithKline Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 05/15/2038  | 6029 | 6569 |
| &nbsp;&nbsp;&nbsp; Health Care Service A Mutual Legal Reserve  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/15/2054 (A) | 3818 | 3597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 06/01/2050 (A) | 3435 | 2163 |
| &nbsp;&nbsp;&nbsp; Hoag Memorial Hospital Presbyterian  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.803%, 07/15/2052  | 1385 | 1001 |
| &nbsp;&nbsp;&nbsp; Humana  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.150%, 06/15/2038  | 1510 | 1770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/15/2054  | 1591 | 1429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/01/2042  | 505 | 410 |
| &nbsp;&nbsp;&nbsp; Indiana University Health Obligated Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.970%, 11/01/2048  | 1855 | 1423 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 05/15/2041  | 6672 | 6373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 03/03/2047  | 400 | 315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 03/03/2037  | 790 | 693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 01/15/2038  | 4100 | 3459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.100%, 09/01/2040  | 1335 | 899 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Kaiser Foundation Hospitals  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 05/01/2047  | $960 | $765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.266%, 11/01/2049  | 2275 | 1530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.810%, 06/01/2041  | 6635 | 4602 |
| &nbsp;&nbsp;&nbsp; Mass General Brigham  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.765%, 07/01/2048  | 650 | 480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.342%, 07/01/2060  | 1015 | 639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.192%, 07/01/2049  | 2467 | 1625 |
| &nbsp;&nbsp;&nbsp; Memorial Health Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.447%, 11/01/2049  | 2785 | 1905 |
| &nbsp;&nbsp;&nbsp; Memorial Sloan-Kettering Cancer Center  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/01/2042  | 235 | 219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 07/01/2052  | 2385 | 1840 |
| &nbsp;&nbsp;&nbsp; Merck  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/17/2053  | 4610 | 4126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 05/17/2044  | 2585 | 2361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 05/18/2043  | 2700 | 2251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/07/2049  | 550 | 427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 03/07/2039  | 1350 | 1159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 02/10/2045  | 9305 | 7172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 12/10/2061  | 2286 | 1292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 12/10/2051  | 1715 | 1028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.350%, 06/24/2040  | 1585 | 1082 |
| &nbsp;&nbsp;&nbsp; Merck Sharp & Dohme Corp  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 11/15/2036  | 1200 | 1266 |
| &nbsp;&nbsp;&nbsp; MultiCare Health System  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.803%, 08/15/2050  | 2205 | 1282 |
| &nbsp;&nbsp;&nbsp; MyMichigan Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.409%, 06/01/2050  | 2220 | 1481 |
| &nbsp;&nbsp;&nbsp; New York and Presbyterian Hospital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.763%, 08/01/2116  | 1705 | 1334 |
| &nbsp;&nbsp;&nbsp; Northwell Healthcare  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.260%, 11/01/2047  | 670 | 513 |
| &nbsp;&nbsp;&nbsp; Novant Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.168%, 11/01/2051  | 2615 | 1669 |
| &nbsp;&nbsp;&nbsp; Novartis Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 09/18/2054  | 2645 | 2302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 05/06/2044  | 90 | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 11/20/2045  | 775 | 629 |
| &nbsp;&nbsp;&nbsp; NYU Langone Hospitals  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 07/01/2043  | 1625 | 1618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.368%, 07/01/2047  | 1585 | 1320 |
| &nbsp;&nbsp;&nbsp; Orlando Health Obligated Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.327%, 10/01/2050  | 785 | 533 |
| &nbsp;&nbsp;&nbsp; PeaceHealth Obligated Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.218%, 11/15/2050  | 3335 | 2011 |
| &nbsp;&nbsp;&nbsp; Pfizer  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 05/15/2044  | 1010 | 861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 06/15/2043  | 3860 | 3251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 09/15/2048  | 5850 | 4697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 09/15/2038  | 1900 | 1667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 03/15/2039  | 2100 | 1783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 05/28/2040  | 575 | 402 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Pfizer Investment Enterprises Pte  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.340%, 05/19/2063  | $3708 | $3334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/19/2053  | 11225 | 10289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.110%, 05/19/2043  | 7395 | 6894 |
| &nbsp;&nbsp;&nbsp; Providence St. Joseph Health Obligated Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.744%, 10/01/2047  | 1520 | 1084 |
| &nbsp;&nbsp;&nbsp; Rady Children's Hospital-San Diego  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.154%, 08/15/2051  | 865 | 549 |
| &nbsp;&nbsp;&nbsp; Revvity  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 03/15/2051  | 325 | 214 |
| &nbsp;&nbsp;&nbsp; Roche Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.218%, 03/08/2054 (A) | 6034 | 5673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.607%, 12/13/2051 (A) | 700 | 411 |
| &nbsp;&nbsp;&nbsp; Sentara Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.927%, 11/01/2051  | 805 | 493 |
| &nbsp;&nbsp;&nbsp; Shands Teaching Hospital and Clinics  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.741%, 12/01/2042  | 1750 | 1462 |
| &nbsp;&nbsp;&nbsp; Sharp HealthCare  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.680%, 08/01/2050  | 1500 | 887 |
| &nbsp;&nbsp;&nbsp; Solventum  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/15/2064  | 360 | 344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 04/30/2054  | 5025 | 4822 |
| &nbsp;&nbsp;&nbsp; Stanford Health Care  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.795%, 11/15/2048  | 4282 | 3148 |
| &nbsp;&nbsp;&nbsp; Sutter Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.547%, 08/15/2053  | 1478 | 1416 |
| &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 07/05/2054  | 500 | 472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.175%, 07/09/2050  | 1720 | 1090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.025%, 07/09/2040  | 700 | 511 |
| &nbsp;&nbsp;&nbsp; Trinity Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 12/01/2045  | 1277 | 1020 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 11/15/2037  | 1080 | 1164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 06/15/2037  | 1240 | 1326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 02/15/2041  | 1130 | 1134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 02/15/2053  | 8261 | 7974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 07/15/2064  | 6543 | 6107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 10/15/2040  | 25 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 07/15/2054  | 10203 | 9536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/15/2044  | 3030 | 2849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/15/2064  | 1720 | 1545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 04/15/2054  | 2400 | 2160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 07/15/2045  | 5005 | 4270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2052  | 7780 | 6391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 12/15/2048  | 12694 | 10120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/15/2042  | 30 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/15/2047  | 2675 | 2093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 06/15/2048  | 7070 | 5470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 01/15/2047  | 1477 | 1142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 10/15/2042  | 6755 | 5327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 10/15/2047  | 790 | 567 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 08/15/2049  | $| 1726 | $1211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 08/15/2039  |  | 4345 | 3410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 05/15/2051  |  | 7480 | 4777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 05/15/2041  |  | 8506 | 6056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 05/15/2050  |  | 1635 | 983 |
| &nbsp;&nbsp;&nbsp; West Virginia United Health System Obligated Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.129%, 06/01/2050  |  | 900 | 553 |
| &nbsp;&nbsp;&nbsp; Willis-Knighton Medical Center  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.813%, 09/01/2048  |  | 1645 | 1373 |
| &nbsp;&nbsp;&nbsp; Wyeth LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/01/2037  |  | 14459 | 15149 |
|  |  |  | 406697 |
| **Industrials — 7.3%** | **Industrials — 7.3%** | **Industrials — 7.3%** |  |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC / AerCap Global Aviation Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/10/2034  |  | 1170 | 1123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 10/29/2041  |  | 580 | 451 |
| &nbsp;&nbsp;&nbsp; Airbus  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 04/10/2047 (A) |  | 1650 | 1305 |
| &nbsp;&nbsp;&nbsp; American Airlines Pass-Through Trust, Ser 2016-2, Cl AA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 06/15/2028  |  | 624 | 591 |
| &nbsp;&nbsp;&nbsp; BAE Systems PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/15/2050 (A) |  | 4771 | 3026 |
| &nbsp;&nbsp;&nbsp; Boeing  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.008%, 05/01/2064  |  | 2800 | 2991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.805%, 05/01/2050  |  | 5255 | 4921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.705%, 05/01/2040  |  | 1955 | 1886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/01/2050  |  | 880 | 603 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/15/2035  |  | 1060 | 1049 |
| &nbsp;&nbsp;&nbsp; Burlington Northern Santa Fe LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2055  |  | 3987 | 3858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 04/15/2054  |  | 1725 | 1601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 09/01/2043  |  | 1290 | 1217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 04/01/2044  |  | 9176 | 8385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 09/01/2044  |  | 3690 | 3196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 03/15/2043  |  | 560 | 482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 01/15/2053  |  | 2169 | 1792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 03/15/2042  |  | 2825 | 2438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 09/01/2042  |  | 295 | 252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 04/01/2045  |  | 9265 | 7580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 06/15/2048  |  | 1920 | 1512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 09/15/2051  |  | 4705 | 3159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 02/15/2051  |  | 2205 | 1422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 06/15/2052  |  | 4290 | 2633 |
| &nbsp;&nbsp;&nbsp; Canadian National Railway  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 06/01/2036  |  | 3835 | 4108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 11/07/2043  |  | 1720 | 1450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 08/05/2052  |  | 2796 | 2296 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Credit Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Canadian Pacific Railway  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 09/15/2115  | $1405 | $1376 |
| &nbsp;&nbsp;&nbsp; Caterpillar  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2064  | 485 | 410 |
| &nbsp;&nbsp;&nbsp; CSX  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 03/15/2055  | 10240 | 8924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 11/15/2052  | 1000 | 823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 08/01/2054  | 1625 | 1327 |
| &nbsp;&nbsp;&nbsp; Cummins  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 02/20/2054  | 2781 | 2618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 09/01/2050  | 2660 | 1536 |
| &nbsp;&nbsp;&nbsp; Deere  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 01/19/2055  | 6870 | 6916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 01/16/2035  | 4207 | 4310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 06/09/2042  | 800 | 667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 09/07/2049  | 3095 | 1988 |
| &nbsp;&nbsp;&nbsp; Emerson Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 12/21/2051  | 4551 | 2760 |
| &nbsp;&nbsp;&nbsp; General Dynamics  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 08/15/2035  | 1725 | 1697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2040  | 2525 | 2206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2050  | 4069 | 3331 |
| &nbsp;&nbsp;&nbsp; Honeywell International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 03/01/2064  | 2035 | 1859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/01/2054  | 10058 | 9301 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.749%, 01/15/2035  | 227 | 230 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 02/15/2055  | 2870 | 2637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 02/15/2064  | 3680 | 3309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 05/15/2046  | 550 | 480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 06/15/2062  | 2676 | 2047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.090%, 09/15/2052  | 7942 | 6117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.070%, 12/15/2042  | 6976 | 5758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 03/01/2045  | 2185 | 1692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 06/15/2050  | 1110 | 675 |
| &nbsp;&nbsp;&nbsp; Norfolk Southern  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, 10/01/2041  | 4500 | 4026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/15/2053  | 500 | 352 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 06/01/2054  | 600 | 546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.030%, 10/15/2047  | 15 | 12 |
| &nbsp;&nbsp;&nbsp; PACCAR Financial MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/22/2034  | 1832 | 1831 |
| &nbsp;&nbsp;&nbsp; RTX  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 07/15/2038  | 295 | 311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/16/2048  | 1315 | 1103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2042  | 4787 | 4141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 11/01/2046  | 2039 | 1520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.820%, 09/01/2051  | 150 | 90 |
| &nbsp;&nbsp;&nbsp; Siemens Financieringsmaatschappij  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 03/11/2041 (A) | 3160 | 2280 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Siemens Funding BV  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 05/28/2065 (A) | $| 1575 | $1597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/28/2055 (A) |  | 2485 | 2517 |
| &nbsp;&nbsp;&nbsp; Snap-on  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 03/01/2048  |  | 4686 | 3670 |
| &nbsp;&nbsp;&nbsp; TTX  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 02/01/2049 (A) |  | 2842 | 2380 |
| &nbsp;&nbsp;&nbsp; Uber Technologies  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 09/15/2054  |  | 845 | 767 |
| &nbsp;&nbsp;&nbsp; Union Pacific  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 12/01/2054  |  | 290 | 281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 05/15/2053  |  | 185 | 164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 02/01/2055  |  | 2125 | 1543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.839%, 03/20/2060  |  | 18709 | 13072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/14/2053  |  | 7695 | 5295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 02/14/2042  |  | 790 | 596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.973%, 09/16/2062  |  | 2795 | 1579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 03/10/2052  |  | 13147 | 8134 |
| &nbsp;&nbsp;&nbsp; Union Pacific MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 08/15/2039  |  | 890 | 728 |
| &nbsp;&nbsp;&nbsp; United Airlines Pass-Through Trust, Ser 2023-1, Cl A  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2036  |  | 1051 | 1052 |
| &nbsp;&nbsp;&nbsp; United Airlines Pass-Through Trust, Ser 2024-1  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 02/15/2037  |  | 1418 | 1408 |
| &nbsp;&nbsp;&nbsp; United Parcel Service  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 01/15/2038  |  | 1992 | 2124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 05/14/2065  |  | 1255 | 1247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 05/14/2055  |  | 1595 | 1587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 05/22/2054  |  | 1035 | 976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 04/01/2040  |  | 1375 | 1311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/03/2053  |  | 5574 | 4919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 10/01/2042  |  | 1210 | 916 |
| &nbsp;&nbsp;&nbsp; Waste Management  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 10/15/2054  |  | 5136 | 4857 |
| &nbsp;&nbsp;&nbsp; WW Grainger  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 06/15/2045  |  | 1893 | 1639 |
|  |  |  | 220892 |
| **Information Technology — 6.1%** | **Information Technology — 6.1%** | **Information Technology — 6.1%** |  |
| &nbsp;&nbsp;&nbsp; Analog Devices  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 10/01/2051  |  | 6442 | 4058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 10/01/2041  |  | 3730 | 2656 |
| &nbsp;&nbsp;&nbsp; Apple  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/12/2035  |  | 4100 | 4067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 02/23/2046  |  | 6379 | 5727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 05/13/2045  |  | 9603 | 8336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 05/04/2043  |  | 3255 | 2665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 08/04/2046  |  | 13405 | 10626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/12/2047  |  | 6770 | 5230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 11/13/2047  |  | 165 | 127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 02/09/2045  |  | 9765 | 7445 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 08/05/2061  | $6070 | $3552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 02/08/2061  | 1390 | 805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 08/05/2051  | 2550 | 1549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 05/11/2050  | 1440 | 880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 02/08/2051  | 14140 | 8579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 02/08/2041  | 1385 | 949 |
| &nbsp;&nbsp;&nbsp; Applied Materials  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 04/01/2047  | 1481 | 1230 |
| &nbsp;&nbsp;&nbsp; AppLovin  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 12/01/2054  | 1045 | 999 |
| &nbsp;&nbsp;&nbsp; Broadcom  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.926%, 05/15/2037 (A) | 2080 | 1982 |
| &nbsp;&nbsp;&nbsp; Cisco Systems  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 02/15/2039  | 3135 | 3299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/2040  | 2094 | 2119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 02/26/2064  | 4355 | 4079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 02/26/2054  | 8892 | 8416 |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.300%, 01/25/2039 (A) | 900 | 924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 01/25/2036 (A) | 750 | 762 |
| &nbsp;&nbsp;&nbsp; Intel  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 02/10/2053  | 1110 | 996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/25/2050  | 330 | 260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 11/15/2049  | 695 | 424 |
| &nbsp;&nbsp;&nbsp; International Business Machines  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 02/10/2055  | 10920 | 10501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 05/15/2039  | 3200 | 2756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/20/2042  | 1740 | 1412 |
| &nbsp;&nbsp;&nbsp; Intuit  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/15/2053  | 4745 | 4592 |
| &nbsp;&nbsp;&nbsp; KLA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/15/2049  | 562 | 504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 07/15/2052  | 6172 | 5477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 03/01/2050  | 510 | 344 |
| &nbsp;&nbsp;&nbsp; Lam Research  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 06/15/2050  | 3198 | 2012 |
| &nbsp;&nbsp;&nbsp; Microsoft  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 08/08/2036  | 895 | 792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.041%, 03/17/2062  | 12523 | 7907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.921%, 03/17/2052  | 13889 | 9029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.675%, 06/01/2060  | 615 | 355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.525%, 06/01/2050  | 18677 | 11334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 09/15/2050  | 3370 | 2027 |
| &nbsp;&nbsp;&nbsp; NVIDIA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/01/2040  | 2765 | 2279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/01/2050  | 2175 | 1596 |
| &nbsp;&nbsp;&nbsp; Oracle  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 08/03/2055  | 470 | 456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 05/15/2045  | 750 | 578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/15/2046  | 3766 | 2820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 11/15/2047  | 1002 | 744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 03/25/2051  | 100 | 71 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 04/01/2040  | 4128 | 3224 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; QUALCOMM  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 05/20/2047  | $| 3055 | $2502 |
| &nbsp;&nbsp;&nbsp; Salesforce  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 07/15/2061  |  | 1245 | 735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 07/15/2051  |  | 6400 | 3976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 07/15/2041  |  | 2060 | 1440 |
| &nbsp;&nbsp;&nbsp; Sprint Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 03/15/2032  |  | 559 | 670 |
| &nbsp;&nbsp;&nbsp; Synopsys  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 04/01/2055  |  | 380 | 363 |
| &nbsp;&nbsp;&nbsp; Texas Instruments  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 02/08/2054  |  | 2465 | 2260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 05/18/2063  |  | 6885 | 6079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/14/2053  |  | 1140 | 1019 |
|  |  |  | 182595 |
| **Materials — 1.5%** | **Materials — 1.5%** | **Materials — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Anglo American Capital PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 04/05/2054 (A) |  | 3480 | 3312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/16/2052 (A) |  | 3870 | 3105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 09/10/2050 (A) |  | 510 | 364 |
| &nbsp;&nbsp;&nbsp; Barrick North America Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/01/2043  |  | 2650 | 2599 |
| &nbsp;&nbsp;&nbsp; Barrick PD Australia Finance Pty  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 10/15/2039  |  | 2345 | 2365 |
| &nbsp;&nbsp;&nbsp; BHP Billiton Finance USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/08/2053  |  | 1410 | 1354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/08/2033  |  | 2000 | 2017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/30/2043  |  | 4200 | 3873 |
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.200%, 11/15/2033  |  | 147 | 153 |
| &nbsp;&nbsp;&nbsp; Ecolab  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 12/15/2051  |  | 3140 | 1874 |
| &nbsp;&nbsp;&nbsp; Glencore Funding LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.141%, 04/01/2055 (A) |  | 3990 | 3911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.893%, 04/04/2054 (A) |  | 325 | 310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.673%, 04/01/2035 (A) |  | 3835 | 3845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/27/2051 (A) |  | 1560 | 1098 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/26/2048  |  | 988 | 811 |
| &nbsp;&nbsp;&nbsp; LYB International Finance III LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 05/01/2050  |  | 535 | 382 |
| &nbsp;&nbsp;&nbsp; Orbia Advance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 05/13/2035 (A) |  | 715 | 720 |
| &nbsp;&nbsp;&nbsp; Packaging Corp of America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 10/01/2051  |  | 440 | 267 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Finance USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 11/02/2040  |  | 2502 | 2403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 11/02/2051  |  | 4135 | 2426 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Finance USA PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 03/14/2065  |  | 1615 | 1572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/14/2055  |  | 4151 | 4036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/14/2035  |  | 1025 | 1022 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Credit Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 03/09/2053  | $| 190 | $170 |
| &nbsp;&nbsp;&nbsp; Smurfit Kappa Treasury ULC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.777%, 04/03/2054  |  | 1105 | 1051 |
| &nbsp;&nbsp;&nbsp; Vale Overseas  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 06/28/2054  |  | 480 | 459 |
|  |  |  | 45499 |
| **Real Estate — 1.3%** | **Real Estate — 1.3%** | **Real Estate — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate Equities  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 04/15/2049  |  | 210 | 170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 03/15/2052  |  | 730 | 475 |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 04/15/2052  |  | 1195 | 905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 07/15/2051  |  | 300 | 192 |
| &nbsp;&nbsp;&nbsp; American Tower  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 10/15/2049  |  | 1000 | 705 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 06/01/2034  |  | 500 | 508 |
| &nbsp;&nbsp;&nbsp; ERP Operating LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 07/01/2044  |  | 1000 | 849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2045  |  | 900 | 748 |
| &nbsp;&nbsp;&nbsp; Essex Portfolio LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 09/01/2050  |  | 1500 | 860 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 06/15/2035  |  | 700 | 687 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 12/01/2033  |  | 755 | 793 |
| &nbsp;&nbsp;&nbsp; Invitation Homes Operating Partnership LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/15/2033  |  | 675 | 673 |
| &nbsp;&nbsp;&nbsp; Kimco Realty OP LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 10/01/2049  |  | 1415 | 994 |
| &nbsp;&nbsp;&nbsp; Nationwide Health Properties MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.900%, 10/01/2037  |  | 1600 | 1659 |
| &nbsp;&nbsp;&nbsp; NNN REIT  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 04/15/2052  |  | 590 | 353 |
| &nbsp;&nbsp;&nbsp; Prologis LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2035  |  | 645 | 641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/15/2053  |  | 3512 | 3212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/15/2054  |  | 2560 | 2348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.125%, 10/15/2050  |  | 4095 | 2122 |
| &nbsp;&nbsp;&nbsp; Prologis Targeted US Logistics Fund LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2035 (A) |  | 310 | 306 |
| &nbsp;&nbsp;&nbsp; Realty Income  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 09/01/2054  |  | 1020 | 955 |
| &nbsp;&nbsp;&nbsp; Regency Centers LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 01/15/2035  |  | 690 | 681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 03/15/2049  |  | 1286 | 1082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 02/01/2047  |  | 965 | 784 |
| &nbsp;&nbsp;&nbsp; Scentre Group Trust 2  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, H15T5Y + 4.685%, 09/24/2080 (A)(B) |  | 2140 | 2100 |
| &nbsp;&nbsp;&nbsp; Simon Property Group LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/01/2040  |  | 2365 | 2636 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 03/08/2053  | $| 4229 | $4125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/30/2046  |  | 2290 | 1811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 07/15/2050  |  | 1400 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 09/13/2049  |  | 2330 | 1526 |
| &nbsp;&nbsp;&nbsp; VICI Properties LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 05/15/2052  |  | 1195 | 1068 |
| &nbsp;&nbsp;&nbsp; WEA Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 09/20/2048 (A) |  | 1000 | 760 |
| &nbsp;&nbsp;&nbsp; Weyerhaeuser  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/09/2052  |  | 1020 | 743 |
|  |  |  | 38477 |
| **Utilities — 16.9%** | **Utilities — 16.9%** | **Utilities — 16.9%** |  |
| &nbsp;&nbsp;&nbsp; AEP Transmission LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/15/2053  |  | 1195 | 1116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 12/01/2046  |  | 4373 | 3378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 06/15/2049  |  | 1875 | 1343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 04/01/2050  |  | 2575 | 1836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 09/15/2049  |  | 1760 | 1133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 08/15/2051  |  | 405 | 238 |
| &nbsp;&nbsp;&nbsp; Alabama Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 06/01/2041  |  | 155 | 143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 07/15/2048  |  | 1420 | 1144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 12/01/2042  |  | 7684 | 5989 |
| &nbsp;&nbsp;&nbsp; Ameren Illinois  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 12/01/2052  |  | 1032 | 1037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 03/01/2055  |  | 1350 | 1300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 12/01/2047  |  | 4470 | 3277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 03/15/2050  |  | 55 | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 06/15/2051  |  | 3724 | 2268 |
| &nbsp;&nbsp;&nbsp; American Transmission Systems  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/01/2044 (A) |  | 600 | 532 |
| &nbsp;&nbsp;&nbsp; American Water Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/01/2047  |  | 1000 | 739 |
| &nbsp;&nbsp;&nbsp; Appalachian Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 08/15/2037  |  | 50 | 53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 10/01/2035  |  | 125 | 126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/01/2049  |  | 700 | 544 |
| &nbsp;&nbsp;&nbsp; Arizona Public Service  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 09/01/2041  |  | 50 | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/2042  |  | 312 | 259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 03/01/2049  |  | 450 | 340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 08/15/2048  |  | 950 | 718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 05/15/2050  |  | 550 | 361 |
| &nbsp;&nbsp;&nbsp; Atmos Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 10/15/2044  |  | 2805 | 2273 |
| &nbsp;&nbsp;&nbsp; Avista  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/01/2052  |  | 550 | 392 |
| &nbsp;&nbsp;&nbsp; Baltimore Gas and Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 06/01/2053  |  | 1926 | 1778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 06/01/2052  |  | 594 | 483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 08/15/2046  |  | 4995 | 3555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 06/15/2050  |  | 1070 | 654 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 05/01/2053  | $1320 | $1068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 01/15/2049  | 4550 | 3650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/15/2050  | 4770 | 3670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 07/15/2048  | 14490 | 10589 |
| &nbsp;&nbsp;&nbsp; Black Hills  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 09/15/2046  | 1135 | 881 |
| &nbsp;&nbsp;&nbsp; Boston Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.119%, 07/20/2053 (A) | 460 | 448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.487%, 02/15/2042 (A) | 250 | 205 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Houston Electric LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 03/01/2034  | 965 | 959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/2044  | 500 | 425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 02/01/2049  | 1760 | 1385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 03/01/2048  | 1000 | 756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 03/01/2052  | 855 | 599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 07/01/2050  | 910 | 563 |
| &nbsp;&nbsp;&nbsp; Chile Electricity Lux Mpc II SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.580%, 10/20/2035 (A) | 1564 | 1554 |
| &nbsp;&nbsp;&nbsp; Commonwealth Edison  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 06/01/2055  | 915 | 916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 02/01/2053  | 1940 | 1774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 01/15/2044  | 5213 | 4548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 08/15/2043  | 1620 | 1385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/01/2048  | 3275 | 2498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/01/2049  | 1480 | 1115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 03/15/2052  | 1170 | 845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 08/15/2047  | 2630 | 1930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/01/2045  | 4975 | 3739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 03/15/2051  | 4750 | 3023 |
| &nbsp;&nbsp;&nbsp; Connecticut Light and Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2053  | 595 | 545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 06/01/2045  | 70 | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/01/2048  | 2652 | 2029 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison of New York  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 04/01/2038  | 1915 | 2131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 06/15/2036  | 65 | 69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 11/15/2052  | 2310 | 2365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 11/15/2053  | 3715 | 3692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 06/15/2040  | 40 | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 05/15/2054  | 1023 | 992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2055  | 3845 | 3616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/01/2054  | 1025 | 834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/15/2058  | 930 | 723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 03/01/2043  | 6246 | 4915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 04/01/2050  | 1135 | 857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 06/15/2047  | 5872 | 4395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 06/15/2046  | 3427 | 2568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 11/15/2059  | 1150 | 767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 12/01/2060  | 1700 | 963 |
| &nbsp;&nbsp;&nbsp; Consumers Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 04/15/2049  | 5673 | 4680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 09/01/2052  | 790 | 629 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 05/15/2048  | $797 | $624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 08/01/2051  | 1250 | 894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 05/01/2060  | 428 | 228 |
| &nbsp;&nbsp;&nbsp; Dominion Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 08/01/2033  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 03/15/2049  | 529 | 419 |
| &nbsp;&nbsp;&nbsp; Dominion Energy South Carolina  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 06/01/2065  | 335 | 287 |
| &nbsp;&nbsp;&nbsp; DTE Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 05/15/2055  | 12615 | 12580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 06/15/2042  | 80 | 63 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 03/15/2045  | 1960 | 1484 |
| &nbsp;&nbsp;&nbsp; Duke Energy Carolinas LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 10/15/2032  | 110 | 119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 04/15/2038  | 1465 | 1530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2038  | 2166 | 2250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 01/15/2054  | 2170 | 2022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/15/2053  | 1982 | 1832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 02/15/2040  | 6490 | 6360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 12/15/2041  | 6580 | 5474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/30/2042  | 12690 | 10175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 03/15/2046  | 915 | 694 |
| &nbsp;&nbsp;&nbsp; Duke Energy Florida LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 06/15/2038  | 2380 | 2564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 11/15/2052  | 3756 | 3745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 07/15/2048  | 2000 | 1561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 10/01/2046  | 2000 | 1393 |
| &nbsp;&nbsp;&nbsp; Duke Energy Indiana LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 04/01/2039  | 4275 | 4605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 08/15/2038  | 1490 | 1594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 07/15/2043  | 875 | 776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 05/15/2046  | 750 | 553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 10/01/2049  | 4840 | 3166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 04/01/2050  | 1885 | 1117 |
| &nbsp;&nbsp;&nbsp; Duke Energy Ohio  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 02/01/2049  | 670 | 521 |
| &nbsp;&nbsp;&nbsp; Duke Energy Progress LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/15/2035  | 1555 | 1535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/30/2044  | 2880 | 2377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 08/15/2045  | 3385 | 2735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 12/01/2044  | 975 | 775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 03/15/2043  | 860 | 694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 09/15/2047  | 1850 | 1318 |
| &nbsp;&nbsp;&nbsp; Elm Road Generating Station Supercritical LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.848%, 01/19/2041 (A) | 1000 | 1028 |
| &nbsp;&nbsp;&nbsp; Entergy Arkansas LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 04/01/2049  | 1575 | 1216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 06/15/2052  | 2710 | 1758 |
| &nbsp;&nbsp;&nbsp; Entergy Louisiana LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 03/15/2055  | 2435 | 2360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 03/15/2054  | 2665 | 2543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 09/01/2048  | 1030 | 799 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Credit Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 04/01/2050  | $1445 | $1112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 06/15/2041  | 3255 | 2316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 03/15/2051  | 5190 | 3129 |
| &nbsp;&nbsp;&nbsp; Entergy Mississippi LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/15/2055  | 1930 | 1866 |
| &nbsp;&nbsp;&nbsp; Entergy Texas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 09/30/2049  | 1345 | 919 |
| &nbsp;&nbsp;&nbsp; Essential Utilities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.276%, 05/01/2049  | 485 | 365 |
| &nbsp;&nbsp;&nbsp; Evergy Kansas Central  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 03/15/2053  | 500 | 477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 04/15/2050  | 2960 | 1993 |
| &nbsp;&nbsp;&nbsp; Evergy Metro  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 10/01/2041  | 150 | 142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 06/15/2047  | 500 | 394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 03/15/2048  | 1000 | 778 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Pennsylvania Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 10/01/2038  | 100 | 104 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Transmission LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 04/01/2049 (A) | 350 | 294 |
| &nbsp;&nbsp;&nbsp; Florida Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 03/15/2065  | 1435 | 1411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 03/15/2055  | 5690 | 5600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.690%, 03/01/2040  | 7803 | 7948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 02/01/2037  | 1000 | 1033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 06/15/2054  | 1700 | 1650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 10/01/2044  | 700 | 574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 06/01/2042  | 2400 | 1981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 10/01/2044  | 2065 | 1663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 03/01/2048  | 2900 | 2243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 12/15/2042  | 3565 | 2842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 12/01/2047  | 846 | 626 |
| &nbsp;&nbsp;&nbsp; Georgia Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 03/15/2042  | 6505 | 5455 |
| &nbsp;&nbsp;&nbsp; Idaho Power MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 03/01/2048  | 1550 | 1214 |
| &nbsp;&nbsp;&nbsp; Indiana Michigan Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 04/01/2053  | 725 | 689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 03/15/2046  | 780 | 644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 08/15/2048  | 1050 | 819 |
| &nbsp;&nbsp;&nbsp; Indianapolis Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 06/01/2043 (A) | 1750 | 1439 |
| &nbsp;&nbsp;&nbsp; International Transmission  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 08/15/2043  | 2525 | 2101 |
| &nbsp;&nbsp;&nbsp; Jersey Central Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 06/01/2037  | 775 | 810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 01/15/2035  | 1225 | 1199 |
| &nbsp;&nbsp;&nbsp; John Sevier Combined Cycle Generation LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.626%, 01/15/2042  | 3874 | 3648 |
| &nbsp;&nbsp;&nbsp; Kentucky Utilities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 06/01/2050  | 1270 | 836 |
| &nbsp;&nbsp;&nbsp; KeySpan Gas East  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.819%, 04/01/2041 (A) | 2117 | 1998 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; MidAmerican Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 09/15/2054  | $550 | $548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 09/15/2043  | 5260 | 4680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 10/15/2044  | 2290 | 1902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/01/2046  | 1675 | 1350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 07/15/2049  | 1656 | 1308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 08/01/2047  | 570 | 435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 08/01/2048  | 3015 | 2192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 04/15/2050  | 2025 | 1328 |
| &nbsp;&nbsp;&nbsp; MidAmerican Energy MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 10/15/2036  | 635 | 664 |
| &nbsp;&nbsp;&nbsp; Monongahela Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 02/15/2034 (A) | 1390 | 1423 |
| &nbsp;&nbsp;&nbsp; Narragansett Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.170%, 12/10/2042 (A) | 1000 | 785 |
| &nbsp;&nbsp;&nbsp; National Rural Utilities Cooperative Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 11/01/2048  | 2235 | 1820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 03/15/2049  | 3643 | 2961 |
| &nbsp;&nbsp;&nbsp; Nevada Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 03/15/2054  | 3255 | 3219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 05/01/2053  | 1130 | 1098 |
| &nbsp;&nbsp;&nbsp; Niagara Mohawk Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.664%, 01/17/2054 (A) | 1446 | 1347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.278%, 10/01/2034 (A) | 2303 | 2112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.119%, 11/28/2042 (A) | 2000 | 1588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.025%, 06/27/2050 (A) | 500 | 300 |
| &nbsp;&nbsp;&nbsp; NiSource  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 02/01/2042  | 900 | 865 |
| &nbsp;&nbsp;&nbsp; Northern States Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 06/01/2036  | 1960 | 2119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 07/01/2037  | 6425 | 6914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 06/15/2054  | 2000 | 1949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 05/15/2055  | 400 | 388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 05/15/2053  | 725 | 652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2052  | 1410 | 1159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 05/15/2046  | 500 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 08/15/2042  | 214 | 160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 04/01/2052  | 870 | 570 |
| &nbsp;&nbsp;&nbsp; NSTAR Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/15/2052  | 765 | 667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 06/01/2052  | 2765 | 2244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 06/01/2051  | 2625 | 1682 |
| &nbsp;&nbsp;&nbsp; Oglethorpe Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 12/01/2053  | 570 | 564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 11/01/2040  | 1825 | 1731 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/01/2050  | 1865 | 1606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/2047  | 1235 | 981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 12/01/2042  | 2350 | 1816 |
| &nbsp;&nbsp;&nbsp; Ohio Edison  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 10/15/2038  | 655 | 807 |
| &nbsp;&nbsp;&nbsp; Oklahoma Gas and Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/01/2055  | 1425 | 1387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 04/01/2053  | 1155 | 1097 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Oncor Electric Delivery LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/01/2055 (A) | $1440 | $1398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 10/01/2052  | 396 | 361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/01/2042  | 449 | 420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/30/2040  | 4946 | 4732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/15/2052  | 2338 | 2019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 12/01/2041  | 3770 | 3235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 11/15/2048  | 750 | 574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 06/01/2049  | 4650 | 3376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 05/15/2050  | 375 | 265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 09/15/2049  | 80 | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 11/15/2051  | 2095 | 1194 |
| &nbsp;&nbsp;&nbsp; Pacific Gas and Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 01/15/2053  | 2615 | 2604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 03/01/2055  | 165 | 153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 10/01/2054  | 4090 | 3663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/01/2052  | 210 | 171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 07/01/2050  | 3355 | 2662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 07/01/2040  | 1995 | 1634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 04/15/2042  | 1465 | 1140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 06/01/2041  | 505 | 382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 08/01/2050  | 175 | 111 |
| &nbsp;&nbsp;&nbsp; PacifiCorp  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/15/2037  | 2930 | 3029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2039  | 3595 | 3622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2055  | 175 | 164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 05/15/2054  | 3604 | 3243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 02/01/2042  | 1970 | 1537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 03/15/2051  | 820 | 518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 06/15/2052  | 1900 | 1089 |
| &nbsp;&nbsp;&nbsp; PECO Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/15/2054  | 840 | 773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 10/15/2043  | 1505 | 1319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 05/15/2052  | 1435 | 1189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 03/15/2051  | 1919 | 1199 |
| &nbsp;&nbsp;&nbsp; Piedmont Natural Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 08/01/2043  | 500 | 423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.640%, 11/01/2046  | 1300 | 911 |
| &nbsp;&nbsp;&nbsp; Potomac Electric Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2054  | 1463 | 1384 |
| &nbsp;&nbsp;&nbsp; PPL Electric Utilities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2053  | 505 | 470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 07/15/2043  | 1500 | 1331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 06/15/2044  | 3925 | 3194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 06/01/2047  | 3869 | 2966 |
| &nbsp;&nbsp;&nbsp; Public Service Electric and Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 08/01/2054  | 1715 | 1595 |
| &nbsp;&nbsp;&nbsp; Public Service Electric and Gas MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/01/2040  | 1900 | 1896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 03/15/2053  | 885 | 807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 11/01/2045  | 2106 | 1685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 05/01/2048  | 1931 | 1498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/01/2044  | 945 | 735 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 09/01/2042  | $1260 | $970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 12/01/2047  | 3625 | 2622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 08/01/2049  | 3200 | 2134 |
| &nbsp;&nbsp;&nbsp; Public Service of Colorado  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 08/01/2038  | 40 | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 09/01/2037  | 1215 | 1284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/15/2054  | 1275 | 1217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 08/15/2041  | 40 | 34 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2052  | 3150 | 2495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 03/15/2044  | 1475 | 1189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 06/15/2048  | 475 | 361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 09/15/2049  | 1430 | 1063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 03/15/2043  | 3370 | 2558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 03/01/2050  | 1135 | 734 |
| &nbsp;&nbsp;&nbsp; Public Service of New Hampshire  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 01/15/2053  | 935 | 836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 07/01/2049  | 1595 | 1122 |
| &nbsp;&nbsp;&nbsp; Puget Sound Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.795%, 03/15/2040  | 130 | 130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.685%, 06/15/2054  | 395 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.223%, 06/15/2048  | 2470 | 1925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.893%, 09/15/2051  | 2315 | 1387 |
| &nbsp;&nbsp;&nbsp; San Diego Gas & Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/01/2026  | 340 | 345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 04/15/2035  | 695 | 697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 06/15/2049  | 1340 | 997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 06/01/2047  | 2380 | 1711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.320%, 04/15/2050  | 4689 | 3048 |
| &nbsp;&nbsp;&nbsp; Sempra  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 02/01/2038  | 850 | 688 |
| &nbsp;&nbsp;&nbsp; Southern California Edison  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 03/01/2048  | 4710 | 3330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 03/15/2042  | 5355 | 3958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/01/2047  | 2610 | 1831 |
| &nbsp;&nbsp;&nbsp; Southern California Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/15/2055  | 1415 | 1400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/01/2053  | 2075 | 1974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 04/01/2054  | 680 | 637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/15/2049  | 1215 | 944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 06/01/2048  | 2865 | 2171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/15/2042  | 1765 | 1330 |
| &nbsp;&nbsp;&nbsp; Southern Gas Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 03/15/2041  | 100 | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 06/01/2043  | 825 | 675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 05/30/2047  | 50 | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 10/01/2046  | 800 | 595 |
| &nbsp;&nbsp;&nbsp; Southwest Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.180%, 08/15/2051  | 1065 | 655 |
| &nbsp;&nbsp;&nbsp; Southwestern Electric Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 03/15/2040  | 1204 | 1237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 02/01/2048  | 1320 | 931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 11/01/2051  | 614 | 379 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Credit Fund** (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Southwestern Public Service  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/01/2054  | $| 1275 | $| 1249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 06/01/2052  |  | 440 |  | 368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 08/15/2041  |  | 8995 |  | 7588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 08/15/2047  |  | 1770 |  | 1260 |
| &nbsp;&nbsp;&nbsp; Tampa Electric  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 03/15/2051  |  | 850 |  | 566 |
| &nbsp;&nbsp;&nbsp; Tucson Electric Power  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 04/15/2055  |  | 1755 |  | 1713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 12/01/2048  |  | 1820 |  | 1544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/15/2050  |  | 240 |  | 176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 05/01/2051  |  | 1700 |  | 1081 |
| &nbsp;&nbsp;&nbsp; Union Electric  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/15/2053  |  | 2185 |  | 2045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 03/15/2055  |  | 5335 |  | 4756 |
| &nbsp;&nbsp;&nbsp; Virginia Electric and Power  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 11/15/2038  |  | 2114 |  | 2736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 11/30/2037  |  | 2595 |  | 2747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 03/15/2055  |  | 2475 |  | 2356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 04/01/2053  |  | 2170 |  | 2004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2034  |  | 1390 |  | 1362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 08/15/2043  |  | 6145 |  | 5276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 12/01/2048  |  | 2535 |  | 2081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 02/15/2044  |  | 7420 |  | 6145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 01/15/2043  |  | 300 |  | 235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 11/15/2046  |  | 2478 |  | 1875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 11/15/2051  |  | 400 |  | 242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.450%, 12/15/2050  |  | 540 |  | 293 |
| &nbsp;&nbsp;&nbsp; Wisconsin Electric Power  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 10/01/2054  |  | 1511 |  | 1323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 10/15/2048  |  | 2021 |  | 1612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 12/15/2042  |  | 2310 |  | 1732 |
| &nbsp;&nbsp;&nbsp; Wisconsin Power & Light  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 10/15/2044  |  | 325 |  | 249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 04/01/2050  |  | 360 |  | 250 |
| &nbsp;&nbsp;&nbsp; Wisconsin Public Service  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 12/01/2051  |  | 1000 |  | 596 |
| &nbsp;&nbsp;&nbsp; Xcel Energy  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 09/15/2041  |  | 1907 |  | 1619 |
|  |  |  |  | 509319 |
|  Total Corporate Obligations |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $3,033,010) ($ Thousands) |  |  |  | 2613385 |
| **U.S. TREASURY OBLIGATIONS — 6.3%** | **U.S. TREASURY OBLIGATIONS — 6.3%** | **U.S. TREASURY OBLIGATIONS — 6.3%** | **U.S. TREASURY OBLIGATIONS — 6.3%** | **U.S. TREASURY OBLIGATIONS — 6.3%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.221%, 07/24/2025 (C) |  | 4410 |  | 4383 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/15/2045  |  | 4540 |  | 4586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2045  |  | 14295 |  | 13953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2055  |  | 7639 |  | 7443 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 05/15/2044  | $| 9379 | $| 9030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/15/2044  |  | 19190 |  | 18431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 02/15/2055  |  | 45865 |  | 43629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 11/15/2054  |  | 7855 |  | 7332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/15/2044  |  | 4255 |  | 3824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 05/15/2044  |  | 13725 |  | 11057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 11/15/2048 (D) |  | 6320 |  | 4887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/15/2048  |  | 3370 |  | 2436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/15/2049 (D) |  | 10045 |  | 7234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 02/15/2045  |  | 22565 |  | 15526 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Inflation Protected Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.125%, 01/15/2035  |  | 4758 |  | 4791 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/15/2034  |  | 6526 |  | 6462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/15/2035  |  | 22501 |  | 22248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/31/2030  |  | 1221 |  | 1223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/15/2034  |  | 912 |  | 878 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $191,971) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $191,971) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $191,971) ($ Thousands) |  | 189353 |
| **MUNICIPAL BONDS — 3.7%** | **MUNICIPAL BONDS — 3.7%** | **MUNICIPAL BONDS — 3.7%** | **MUNICIPAL BONDS — 3.7%** | **MUNICIPAL BONDS — 3.7%** |
| **California — 1.7%** | **California — 1.7%** | **California — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp; Bay Area, Toll Authority, Build America Project, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.263%, 04/01/2049  |  | 3795 |  | 3902 |
| &nbsp;&nbsp;&nbsp; California State University, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.183%, 11/01/2053  |  | 2225 |  | 2034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.060%, 11/01/2036  |  | 440 |  | 435 |
| &nbsp;&nbsp;&nbsp; California State University, Ser B, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.899%, 11/01/2047  |  | 2375 |  | 1873 |
| &nbsp;&nbsp;&nbsp; California State, Build America Project, GO  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 03/01/2040  |  | 2510 |  | 2952 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.600%, 11/01/2040  |  | 385 |  | 457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.550%, 04/01/2039  |  | 1535 |  | 1816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 04/01/2034  |  | 5430 |  | 6221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.300%, 10/01/2039  |  | 12770 |  | 14532 |
| &nbsp;&nbsp;&nbsp; California State, GO  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 10/01/2041  |  | 1745 |  | 1768 |
| &nbsp;&nbsp;&nbsp; California State, Health Facilities Financing Authority, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.353%, 06/01/2041  |  | 1975 |  | 1699 |
| &nbsp;&nbsp;&nbsp; California State, Health Facilities Financing Authority, Ser 2021A, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/15/2051  |  | 390 |  | 272 |
| &nbsp;&nbsp;&nbsp; East Bay, Municipal Utility District Water System Revenue, Build America Project, Sub-Ser, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.874%, 06/01/2040  |  | 1255 |  | 1287 |
| &nbsp;&nbsp;&nbsp; Los Angeles, Community College District, Build America Project, GO  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 08/01/2049  |  | 1025 |  | 1123 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; Los Angeles, Community College District, Ser D, GO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.680%, 08/01/2036  | $| 500 | $556 |
| &nbsp;&nbsp;&nbsp; Los Angeles, Department of Airports, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.887%, 05/15/2038  |  | 1430 | 1241 |
| &nbsp;&nbsp;&nbsp; Regents of the University of California Medical Center, Ser N, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.256%, 05/15/2060  |  | 1975 | 1210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.006%, 05/15/2050  |  | 2005 | 1255 |
| &nbsp;&nbsp;&nbsp; San Diego County, Water Authority, Build America Project, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.138%, 05/01/2049  |  | 1000 | 1008 |
| &nbsp;&nbsp;&nbsp; San Francisco Bay Area, Rapid Transit District, GO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/01/2049  |  | 665 | 486 |
| &nbsp;&nbsp;&nbsp; San Francisco, Public Utilities Commission, Water Revenue, Build America Project, Ser DE, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 11/01/2040  |  | 3005 | 3081 |
| &nbsp;&nbsp;&nbsp; University of California, Ser AP, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.931%, 05/15/2045  |  | 950 | 832 |
| &nbsp;&nbsp;&nbsp; University of California, Ser AQ, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.767%, 05/15/2115  |  | 1076 | 853 |
| &nbsp;&nbsp;&nbsp; University of California, Ser J, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.131%, 05/15/2045  |  | 1000 | 863 |
|  |  |  | 51756 |
| **District of Columbia — 0.0%** | **District of Columbia — 0.0%** | **District of Columbia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia, Water & Sewer Authority, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.814%, 10/01/2114  |  | 530 | 439 |
| **Georgia — 0.0%** | **Georgia — 0.0%** | **Georgia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Georgia State, Municipal Electric Authority, Build America Project, Ser 2010A, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.637%, 04/01/2057  |  | 131 | 139 |
| **Illinois — 0.1%** | **Illinois — 0.1%** | **Illinois — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Greater Chicago, Metropolitan Water Reclamation District, Build America Project, GO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.720%, 12/01/2038  |  | 3205 | 3264 |
| **Kansas — 0.1%** | **Kansas — 0.1%** | **Kansas — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Kansas State, Development Finance Authority, Ser H, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.727%, 04/15/2037  |  | 2890 | 2775 |
| **Maryland — 0.1%** | **Maryland — 0.1%** | **Maryland — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Maryland Economic Development, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.433%, 05/31/2056  |  | 1005 | 933 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** |
| **Massachusetts — 0.1%** | **Massachusetts — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Massachusetts State, Build America Project, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.456%, 12/01/2039  | $3085 | $3087 |
| &nbsp;&nbsp;&nbsp; Massachusetts State, School Building Authority, Sub-Ser B, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.395%, 10/15/2040  | 1000 | 826 |
|  |  | 3913 |
| **Missouri — 0.0%** | **Missouri — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Missouri State, Health & Educational Facilities Authority, Ser A, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.685%, 02/15/2047  | 675 | 513 |
| **New Jersey — 0.1%** | **New Jersey — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; New Jersey State, Turnpike Authority, Build America Project, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.102%, 01/01/2041  | 2460 | 2749 |
| &nbsp;&nbsp;&nbsp; New Jersey State, Turnpike Authority, Ser F, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.729%, 01/01/2036  | 1000 | 883 |
|  |  | 3632 |
| **New York — 0.7%** | **New York — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; City of New York, Ser H, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.935%, 02/01/2055  | 2650 | 2708 |
| &nbsp;&nbsp;&nbsp; New York & New Jersey, Port Authority, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.926%, 10/01/2051  | 245 | 221 |
| &nbsp;&nbsp;&nbsp; New York & New Jersey, Port Authority, Ser 174, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.458%, 10/01/2062  | 3160 | 2556 |
| &nbsp;&nbsp;&nbsp; New York & New Jersey, Port Authority, Ser 181, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.960%, 08/01/2046  | 465 | 432 |
| &nbsp;&nbsp;&nbsp; New York City, Build America Project, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.985%, 12/01/2036  | 1340 | 1374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.968%, 03/01/2036  | 570 | 588 |
| &nbsp;&nbsp;&nbsp; New York City, Municipal Water Finance Authority, Build America Project, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.011%, 06/15/2042  | 750 | 762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.882%, 06/15/2044  | 500 | 498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.724%, 06/15/2042  | 4720 | 4652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.440%, 06/15/2043  | 3000 | 2863 |
| &nbsp;&nbsp;&nbsp; New York State, Dormitory Authority, Build America Project, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.628%, 03/15/2039  | 1385 | 1398 |
| &nbsp;&nbsp;&nbsp; New York State, Empire State Development, Build America Project, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.770%, 03/15/2039  | 1540 | 1583 |
| &nbsp;&nbsp;&nbsp; New York State, Urban Development, Ser B, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.590%, 03/15/2035 (E) | 810 | 660 |
|  |  | 20295 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Long Duration Credit Fund** (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** |
| **Ohio — 0.2%** | **Ohio — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; American Municipal Power, Build America Project, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.053%, 02/15/2043  | $3245 | $3268 |
| &nbsp;&nbsp;&nbsp; JobsOhio Beverage System, Ser A, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.833%, 01/01/2038  | 460 | 371 |
| &nbsp;&nbsp;&nbsp; Ohio State University, Build America Project, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.910%, 06/01/2040  | 2265 | 2171 |
| &nbsp;&nbsp;&nbsp; Ohio State, Hospital Facilities Revenue Authority, Cleveland Clinic, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 01/01/2043  | 970 | 801 |
|  |  | 6611 |
| **Texas — 0.6%** | **Texas — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; City of Houston, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.961%, 03/01/2047  | 1500 | 1224 |
| &nbsp;&nbsp;&nbsp; Dallas County, Hospital District, Build America Project, Ser C, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.621%, 08/15/2044  | 2250 | 2209 |
| &nbsp;&nbsp;&nbsp; Dallas Fort Worth, International Airport, Ser A, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.994%, 11/01/2038  | 4095 | 3381 |
| &nbsp;&nbsp;&nbsp; Grand Parkway, Transportation Corp, Ser E, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.184%, 10/01/2042  | 325 | 315 |
| &nbsp;&nbsp;&nbsp; North Texas, Tollway Authority, Build America Project, Ser B, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.718%, 01/01/2049  | 2220 | 2401 |
| &nbsp;&nbsp;&nbsp; San Antonio, Electric & Gas Systems Revenue, Build America Project, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.808%, 02/01/2041  | 2800 | 2780 |
| &nbsp;&nbsp;&nbsp; Texas State, Build America Project, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.517%, 04/01/2039  | 3745 | 3769 |
| &nbsp;&nbsp;&nbsp; University of Texas, Board of Regents, Ser B, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.439%, 08/15/2049  | 1220 | 715 |
|  |  | 16794 |
| **Virginia — 0.0%** | **Virginia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Virginia Commonwealth University, Health System Authority, Ser A, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.956%, 01/01/2044  | 475 | 433 |
|  Total Municipal Bonds |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $130,562) ($ Thousands) |  | 111497 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **SOVEREIGN DEBT — 1.2%** | **SOVEREIGN DEBT — 1.2%** | **SOVEREIGN DEBT — 1.2%** |
| &nbsp;&nbsp;&nbsp; Chile Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.330%, 01/05/2054 | $3915 | $3591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.860%, 06/21/2047 | 335 | 252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 01/25/2050 | 1630 | 1131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 05/07/2041 | 6815 | 4951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 01/22/2061 | 505 | 295 |
| &nbsp;&nbsp;&nbsp; Israel Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/12/2054 | 10800 | 9576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 01/17/2048 | 1245 | 915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 07/03/2050 | 3305 | 2239 |
| &nbsp;&nbsp;&nbsp; Mexico Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 05/13/2055 | 6690 | 6614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.338%, 05/04/2053 | 535 | 469 |
| &nbsp;&nbsp;&nbsp; Republic of Poland Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/18/2054 | 2840 | 2569 |
| &nbsp;&nbsp;&nbsp; Saudi Government International Bond MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 01/16/2054(A) | 4640 | 4323 |
|  Total Sovereign Debt | Total Sovereign Debt |  |
| &nbsp;&nbsp;&nbsp; (Cost $41,233) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $41,233) ($ Thousands) | 36925 |
|  | <br> Shares |  |
| **CASH EQUIVALENT — 1.2%** | **CASH EQUIVALENT — 1.2%** | **CASH EQUIVALENT — 1.2%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 36075357 | 36075 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $36,075) ($ Thousands) |  | 36075 |
| Total Investments in Securities — 99.2% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $3,432,851) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $3,432,851) ($ Thousands)  | $2987235 |

---

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; U.S. 2-Year Treasury Note | 336 | Sep-2025 | $69629 | $69699 | $70 |
| &nbsp;&nbsp; U.S. 5-Year Treasury Note | 887 | Sep-2025 | 95603 | 95962 | 359 |
| &nbsp;&nbsp; U.S. 10-Year Treasury Note | 30 | Sep-2025 | 3290 | 3322 | 32 |
| &nbsp;&nbsp; U.S. Long Treasury Bond | 20 | Sep-2025 | 2259 | 2256 | (3) |
| &nbsp;&nbsp; U.S. Ultra Long Treasury Bond | 336 | Sep-2025 | 37985 | 38997 | 1012 |
| &nbsp;&nbsp; Ultra 10-Year U.S. Treasury Note | 225 | Sep-2025 | 24968 | 25323 | 355 |
|  |  |  | 233734 | 235559 | 1825 |
| Short Contracts |  |  |  |  |  |
| &nbsp;&nbsp; U.S. 5-Year Treasury Note | (212) | Sep-2025 | $(22859) | $(22936) | $(77) |
| &nbsp;&nbsp; U.S. Long Treasury Bond | (29) | Sep-2025 | (3202) | (3271) | (69) |
| &nbsp;&nbsp; U.S. Ultra Long Treasury Bond | (46) | Sep-2025 | (5265) | (5339) | (74) |
| &nbsp;&nbsp; Ultra 10-Year U.S. Treasury Note | (348) | Sep-2025 | (38648) | (39166) | (518) |
|  |  |  | (69974) | (70712) | (738) |
|  |  |  | $163760 | $164847 | $1087 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $3,010,429 ($ Thousands). |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (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 May 31, 2025, the value of these securities amounted to $179,442 ($ Thousands), representing 6.0% of the Net Assets of the Fund. |
| (B) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (C) | Interest rate represents the security's effective yield at the time of purchase. |
| (D) | Security, or a portion thereof, has been pledged as collateral on open futures contracts. The total market value of such securities as of May 31, 2025 was $3,470 ($ Thousands). |
| (E) | Security is escrowed to maturity. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Corporate Obligations |  | 2613385 |  | 2613385 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations |  | 189353 |  | 189353 |
| &nbsp;&nbsp;&nbsp; Municipal Bonds |  | 111497 |  | 111497 |
| &nbsp;&nbsp;&nbsp; Sovereign Debt |  | 36925 |  | 36925 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 36075 | – |  | 36075 |
|  Total Investments in Securities | 36075 | 2951160 |  | 2987235 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 1828 |  |  | 1828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (741) |  |  | (741) |
| Total Other Financial Instruments | 1087 |  |  | 1087 |

---

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

For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $19963 | $970552 | $(954440) | $— | $— | $36075 | $1246 | $— |

---

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

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Ultra Short Duration Bond Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS — 36.2%** | **CORPORATE OBLIGATIONS — 36.2%** | **CORPORATE OBLIGATIONS — 36.2%** |
| **Communication Services — 0.7%** | **Communication Services — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC / Charter Communications Operating Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 11/10/2026  | $2790 | $2839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.908%, 07/23/2025  | 145 | 145 |
| &nbsp;&nbsp;&nbsp; Cox Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 06/15/2025  | 100 | 100 |
|  |  | 3084 |
| **Consumer Discretionary — 3.2%** | **Consumer Discretionary — 3.2%** |  |
| &nbsp;&nbsp;&nbsp; AutoZone  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 07/15/2026  | 975 | 980 |
| &nbsp;&nbsp;&nbsp; BMW US Capital LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 08/12/2026 (A) | 1200 | 1155 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit LLC MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.389%, 01/08/2026  | 2795 | 2773 |
| &nbsp;&nbsp;&nbsp; General Motors  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 10/01/2025  | 1642 | 1647 |
| &nbsp;&nbsp;&nbsp; Home Depot  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.681%, SOFRRATE + 0.330%, 12/24/2025 (B) | 2135 | 2137 |
| &nbsp;&nbsp;&nbsp; Hyundai Capital America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 11/03/2025 (A) | 500 | 502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/08/2027 (A) | 2870 | 2884 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Finance North America LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 07/31/2026 (A) | 1125 | 1128 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Credit  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/14/2027  | 650 | 652 |
| &nbsp;&nbsp;&nbsp; Volkswagen Group of America Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 11/24/2025 (A) | 695 | 683 |
|  |  | 14541 |
| **Consumer Staples — 1.9%** | **Consumer Staples — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; BAT Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.215%, 09/06/2026  | 1765 | 1735 |
| &nbsp;&nbsp;&nbsp; Bon Secours Mercy Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.382%, 11/01/2025  | 610 | 605 |
| &nbsp;&nbsp;&nbsp; Element Fleet Management  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.643%, 03/13/2027 (A) | 635 | 644 |
| &nbsp;&nbsp;&nbsp; Mars  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 03/01/2027 (A) | 3390 | 3393 |
| &nbsp;&nbsp;&nbsp; PeaceHealth Obligated Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.375%, 11/15/2025  | 1725 | 1696 |
| &nbsp;&nbsp;&nbsp; RWJ Barnabas Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.954%, 07/01/2026  | 545 | 537 |
|  |  | 8610 |
| **Energy — 1.5%** | **Energy — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Columbia Pipelines Holding LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.055%, 08/15/2026 (A) | 100 | 101 |
| &nbsp;&nbsp;&nbsp; Gray Oak Pipeline LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 10/15/2025 (A) | 900 | 889 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; ONEOK  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 11/01/2026  | $| 3090 | $3125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.200%, 09/15/2025  |  | 675 | 670 |
| &nbsp;&nbsp;&nbsp; Western Midstream Operating  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 06/01/2025  |  | 400 | 400 |
| &nbsp;&nbsp;&nbsp; Williams  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/02/2026  |  | 1390 | 1397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/15/2025  |  | 500 | 499 |
|  |  |  | 7081 |
| **Financials — 20.4%** | **Financials — 20.4%** | **Financials — 20.4%** |  |
| &nbsp;&nbsp;&nbsp; ABN AMRO Bank  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.339%, H15T1Y + 1.650%, 09/18/2027 (A)(B) |  | 700 | 713 |
| &nbsp;&nbsp;&nbsp; American Express  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.338%, SOFRRATE + 1.330%, 10/30/2026 (B) |  | 424 | 427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.645%, SOFRINDX + 0.750%, 04/23/2027 (B) |  | 525 | 530 |
| &nbsp;&nbsp;&nbsp; Aon Global  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 12/15/2025  |  | 750 | 748 |
| &nbsp;&nbsp;&nbsp; Ares Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 01/15/2027  |  | 475 | 489 |
| &nbsp;&nbsp;&nbsp; Athene Global Funding  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.684%, 02/23/2026 (A) |  | 490 | 493 |
| &nbsp;&nbsp;&nbsp; Aviation Capital Group LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.950%, 09/20/2026 (A) |  | 825 | 794 |
| &nbsp;&nbsp;&nbsp; Bank of America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.623%, SOFRRATE + 1.110%, 05/09/2029 (B) |  | 580 | 580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.734%, SOFRRATE + 0.960%, 07/22/2027 (B) |  | 2690 | 2602 |
| &nbsp;&nbsp;&nbsp; Bank of America MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.319%, SOFRRATE + 1.150%, 06/19/2026 (B) |  | 775 | 773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.197%, SOFRRATE + 1.010%, 10/24/2026 (B) |  | 800 | 789 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.587%, SOFRRATE + 0.693%, 04/20/2027 (B) |  | 2555 | 2558 |
| &nbsp;&nbsp;&nbsp; Bank of Nova Scotia  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.300%, 06/11/2025  |  | 900 | 899 |
| &nbsp;&nbsp;&nbsp; Banque Federative du Credit Mutuel  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.896%, 07/13/2026 (A) |  | 475 | 481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.935%, 01/26/2026 (A) |  | 350 | 351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.524%, 07/13/2025 (A) |  | 475 | 475 |
| &nbsp;&nbsp;&nbsp; Barclays PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.325%, H15T1Y + 3.050%, 11/02/2026 (B) |  | 2345 | 2369 |
| &nbsp;&nbsp;&nbsp; BPCE  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.203%, 01/18/2027 (A) |  | 600 | 606 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.615%, 07/17/2026  |  | 350 | 354 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.237%, 06/28/2027  | $515 | $523 |
| &nbsp;&nbsp;&nbsp; Capital One Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.985%, SOFRRATE + 2.160%, 07/24/2026 (B) | 250 | 250 |
| &nbsp;&nbsp;&nbsp; Citigroup  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.887%, TSFR3M + 1.825%, 01/10/2028 (B) | 2840 | 2803 |
| &nbsp;&nbsp;&nbsp; Cooperatieve Rabobank UA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 10/05/2026  | 750 | 761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.372%, 05/27/2027  | 1125 | 1128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.106%, H15T1Y + 0.550%, 02/24/2027 (A)(B) | 2865 | 2789 |
| &nbsp;&nbsp;&nbsp; Corebridge Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 07/02/2026 (A) | 285 | 289 |
| &nbsp;&nbsp;&nbsp; Credit Agricole  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.589%, 07/05/2026 (A) | 1095 | 1109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.247%, SOFRRATE + 0.892%, 01/26/2027 (A)(B) | 2440 | 2383 |
| &nbsp;&nbsp;&nbsp; Danske Bank MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.259%, H15T1Y + 1.180%, 09/22/2026 (A)(B) | 575 | 577 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank NY  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.582%, SOFRRATE + 1.219%, 11/16/2027 (B) | 1100 | 1097 |
| &nbsp;&nbsp;&nbsp; Equitable Financial Life Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 12/02/2025 (A) | 395 | 397 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Bank USA NY  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.414%, SOFRRATE + 0.750%, 05/21/2027 (B) | 750 | 755 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.798%, SOFRRATE + 1.075%, 08/10/2026 (B) | 750 | 751 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.336%, SOFRRATE + 3.030%, 11/03/2026 (B) | 400 | 404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.887%, SOFRRATE + 1.570%, 08/14/2027 (B) | 2915 | 2951 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.960%, TSFR3M + 1.507%, 01/29/2027 (B) | 750 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.470%, SOFRRATE + 0.765%, 09/22/2027 (B) | 3650 | 3505 |
| &nbsp;&nbsp;&nbsp; Lincoln Financial Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 05/28/2028 (A) | 650 | 651 |
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.462%, H15T1Y + 1.375%, 01/05/2028 (B) | 470 | 476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.627%, H15T1Y + 0.850%, 05/11/2027 (B) | 3060 | 2973 |
| &nbsp;&nbsp;&nbsp; Manufacturers & Traders Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 11/21/2025  | 400 | 401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 01/27/2026  | 590 | 589 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.138%, SOFRRATE + 1.770%, 10/16/2026 (B) | $750 | $754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, SOFRRATE + 1.295%, 01/28/2027 (B) | 350 | 351 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 01/27/2026  | 750 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.512%, SOFRRATE + 0.858%, 07/20/2027 (B) | 3615 | 3488 |
| &nbsp;&nbsp;&nbsp; Nasdaq  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 06/30/2026  | 750 | 746 |
| &nbsp;&nbsp;&nbsp; Nationwide Building Society  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.557%, SOFRRATE + 1.910%, 10/18/2027 (A)(B) | 500 | 512 |
| &nbsp;&nbsp;&nbsp; New York Life Global Funding MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 09/18/2026 (A) | 750 | 760 |
| &nbsp;&nbsp;&nbsp; Nordea Bank Abp MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 09/30/2026 (A) | 825 | 793 |
| &nbsp;&nbsp;&nbsp; Pacific Life Global Funding II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/28/2026 (A) | 600 | 608 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.615%, SOFRINDX + 1.730%, 10/20/2027 (B) | 375 | 386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, SOFRRATE + 1.342%, 01/21/2028 (B) | 440 | 445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.102%, SOFRRATE + 0.796%, 07/23/2027 (B) | 2545 | 2560 |
| &nbsp;&nbsp;&nbsp; Principal Life Global Funding II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/16/2027 (A) | 485 | 489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 04/18/2026 (A) | 1000 | 987 |
| &nbsp;&nbsp;&nbsp; Royal Bank of Canada MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 07/20/2026  | 600 | 606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.069%, SOFRRATE + 0.790%, 07/23/2027 (B) | 2860 | 2879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.150%, 06/10/2025  | 775 | 774 |
| &nbsp;&nbsp;&nbsp; Santander UK Group Holdings PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.673%, SOFRRATE + 0.989%, 06/14/2027 (B) | 2450 | 2367 |
| &nbsp;&nbsp;&nbsp; Skandinaviska Enskilda Banken  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.200%, 09/09/2026 (A) | 825 | 792 |
| &nbsp;&nbsp;&nbsp; Societe Generale  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.351%, 06/13/2025 (A) | 525 | 525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.488%, H15T1Y + 1.100%, 12/14/2026 (A)(B) | 3125 | 3066 |
| &nbsp;&nbsp;&nbsp; Standard Chartered  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.170%, H15T1Y + 2.050%, 01/09/2027 (A)(B) | 450 | 453 |
| &nbsp;&nbsp;&nbsp; State Street  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.995%, SOFRRATE + 0.640%, 10/22/2027 (B) | 765 | 764 |
| &nbsp;&nbsp;&nbsp; Toronto-Dominion Bank MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.532%, 07/17/2026  | 3410 | 3448 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Ultra Short Duration Bond Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Truist Bank  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.671%, SOFRRATE + 0.590%, 05/20/2027 (B) | $| 4140 | $4143 |
| &nbsp;&nbsp;&nbsp; UBS  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.864%, SOFRRATE + 0.720%, 01/10/2028 (B) |  | 550 | 553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 06/01/2026  |  | 1050 | 1017 |
| &nbsp;&nbsp;&nbsp; UBS Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 04/17/2026  |  | 750 | 750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.305%, SOFRINDX + 0.980%, 02/02/2027 (A)(B) |  | 3140 | 3067 |
| &nbsp;&nbsp;&nbsp; US Bank  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.507%, SOFRRATE + 0.690%, 10/22/2027 (B) |  | 2950 | 2947 |
| &nbsp;&nbsp;&nbsp; Voya Financial  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 06/15/2026  |  | 309 | 306 |
| &nbsp;&nbsp;&nbsp; Wells Fargo MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 06/03/2026  |  | 650 | 647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.196%, TSFR3M + 1.432%, 06/17/2027 (B) |  | 3510 | 3459 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Bank  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 08/01/2025  |  | 600 | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.811%, 01/15/2026  |  | 725 | 726 |
|  |  |  | 92856 |
| **Health Care — 1.5%** | **Health Care — 1.5%** | **Health Care — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Elevance Health  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 03/15/2026  |  | 800 | 781 |
| &nbsp;&nbsp;&nbsp; HCA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.243%, SOFRRATE + 0.870%, 03/01/2028 (B) |  | 1740 | 1749 |
| &nbsp;&nbsp;&nbsp; Illumina  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 12/12/2025  |  | 400 | 402 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.200%, 09/02/2025  |  | 2630 | 2605 |
| &nbsp;&nbsp;&nbsp; Solventum  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 02/25/2027  |  | 500 | 506 |
| &nbsp;&nbsp;&nbsp; Stryker  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 02/10/2027  |  | 775 | 778 |
|  |  |  | 6821 |
| **Industrials — 2.3%** | **Industrials — 2.3%** | **Industrials — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 01/15/2027  |  | 500 | 510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 01/30/2026  |  | 3120 | 3057 |
| &nbsp;&nbsp;&nbsp; Air Lease  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.200%, 01/15/2027  |  | 2480 | 2389 |
| &nbsp;&nbsp;&nbsp; Air Lease MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 01/15/2026  |  | 1300 | 1285 |
| &nbsp;&nbsp;&nbsp; Caterpillar Financial Services  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 01/07/2027  |  | 775 | 778 |
| &nbsp;&nbsp;&nbsp; John Deere Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 01/08/2027  |  | 775 | 779 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Penske Truck Leasing Lp  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/24/2026 (A) | $| 950 | $958 |
| &nbsp;&nbsp;&nbsp; Regal Rexnord  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 02/15/2026  |  | 625 | 628 |
|  |  |  | 10384 |
| **Information Technology — 1.0%** | **Information Technology — 1.0%** | **Information Technology — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; Broadcom  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.459%, 09/15/2026  |  | 2345 | 2316 |
| &nbsp;&nbsp;&nbsp; Oracle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 03/25/2026  |  | 2515 | 2453 |
|  |  |  | 4769 |
| **Materials — 0.4%** | **Materials — 0.4%** | **Materials — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Graphic Packaging International LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.512%, 04/15/2026 (A) |  | 650 | 629 |
| &nbsp;&nbsp;&nbsp; International Flavors and Fragrances  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.230%, 10/01/2025 (A) |  | 319 | 315 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Finance USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/12/2027  |  | 1010 | 1013 |
|  |  |  | 1957 |
| **Real Estate — 0.1%** | **Real Estate — 0.1%** | **Real Estate — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Crown Castle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.350%, 07/15/2025  |  | 350 | 348 |
| **Utilities — 3.2%** | **Utilities — 3.2%** | **Utilities — 3.2%** |  |
| &nbsp;&nbsp;&nbsp; Alliant Energy Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 06/06/2027 (A) |  | 595 | 601 |
| &nbsp;&nbsp;&nbsp; American Electric Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.699%, 08/15/2025  |  | 450 | 451 |
| &nbsp;&nbsp;&nbsp; Consumers Securitization Funding LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 03/01/2028  |  | 286 | 288 |
| &nbsp;&nbsp;&nbsp; DTE Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/14/2027  |  | 365 | 363 |
| &nbsp;&nbsp;&nbsp; Duke Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 12/08/2025  |  | 1275 | 1277 |
| &nbsp;&nbsp;&nbsp; Eversource Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 03/15/2026  |  | 650 | 642 |
| &nbsp;&nbsp;&nbsp; Georgia Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.636%, SOFRINDX + 0.280%, 09/15/2026 (B) |  | 1175 | 1175 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Capital Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.158%, SOFRINDX + 0.800%, 02/04/2028 (B) |  | 2765 | 2769 |
| &nbsp;&nbsp;&nbsp; NSTAR Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 11/15/2025  |  | 650 | 645 |
| &nbsp;&nbsp;&nbsp; NYSEG Storm Funding LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.713%, 05/01/2029  |  | 1075 | 1077 |
| &nbsp;&nbsp;&nbsp; Pacific Gas and Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.324%, SOFRINDX + 0.950%, 09/04/2025 (B) |  | 2065 | 2065 |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Southern California Edison  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 03/01/2026  | $| 2370 | $| 2381 |
| &nbsp;&nbsp;&nbsp; Spire  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 03/01/2026  |  | 900 |  | 903 |
|  |  |  |  | 14637 |
|  Total Corporate Obligations |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $164,623) ($ Thousands) |  |  |  | 165088 |
| **ASSET-BACKED SECURITIES — 31.5%** | **ASSET-BACKED SECURITIES — 31.5%** | **ASSET-BACKED SECURITIES — 31.5%** | **ASSET-BACKED SECURITIES — 31.5%** | **ASSET-BACKED SECURITIES — 31.5%** |
| **Automotive — 19.7%** | **Automotive — 19.7%** | **Automotive — 19.7%** |  |  |
| &nbsp;&nbsp;&nbsp; Ally Bank Auto Credit-Linked Notes Series, Ser 2024-A, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.827%, 05/17/2032 (A) |  | 1187 |  | 1200 |
| &nbsp;&nbsp;&nbsp; American Heritage Auto Receivables Trust, Ser 2024-1A, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.830%, 03/15/2028 (A) |  | 215 |  | 215 |
| &nbsp;&nbsp;&nbsp; AmeriCredit Automobile Receivables Trust, Ser 2021-2, Cl C |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.010%, 01/19/2027  |  | 645 |  | 638 |
| &nbsp;&nbsp;&nbsp; AmeriCredit Automobile Receivables Trust, Ser 2022-2, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.380%, 04/18/2028  |  | 339 |  | 339 |
| &nbsp;&nbsp;&nbsp; AmeriCredit Automobile Receivables Trust, Ser 2023-2, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.190%, 04/19/2027  |  | 278 |  | 279 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2023-A, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.330%, 02/17/2032 (A) |  | 2535 |  | 2552 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2023-B, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 07/15/2032 (A) |  | 125 |  | 126 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2024-A, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 11/15/2032 (A) |  | 117 |  | 117 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2024-B, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.540%, 04/15/2033 (A) |  | 1949 |  | 1960 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2025-B, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.590%, 03/15/2034 (A) |  | 270 |  | 270 |
| &nbsp;&nbsp;&nbsp; AutoNation Finance Trust, Ser 2025-1A, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.720%, 04/10/2028 (A) |  | 560 |  | 560 |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, Ser 2020-2A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.020%, 02/20/2027 (A) |  | 830 |  | 818 |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, Ser 2020-2A, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.960%, 02/20/2027 (A) |  | 900 |  | 890 |
| &nbsp;&nbsp;&nbsp; Bank of America Auto Trust, Ser 2023-2A, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 08/17/2026 (A) |  | 35 |  | 35 |
| &nbsp;&nbsp;&nbsp; Bayview Opportunity Master Fund VII Trust, Ser 2024-CAR1F, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.971%, 07/29/2032 (A) |  | 455 |  | 457 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; BMW Vehicle Lease Trust, Ser 2024-1, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 07/27/2026  | $86 | $86 |
| &nbsp;&nbsp;&nbsp; BMW Vehicle Lease Trust, Ser 2024-2, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.290%, 01/25/2027  | 917 | 915 |
| &nbsp;&nbsp;&nbsp; BMW Vehicle Owner Trust, Ser 2023-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.470%, 02/25/2028  | 895 | 901 |
| &nbsp;&nbsp;&nbsp; BofA Auto Trust, Ser 2025-1A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.520%, 11/22/2027 (A) | 180 | 180 |
| &nbsp;&nbsp;&nbsp; Bridgecrest Lending Auto Securitization Trust, Ser 2024-4, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.720%, 09/15/2028  | 1555 | 1555 |
| &nbsp;&nbsp;&nbsp; Capital One Prime Auto Receivables Trust, Ser 2022-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.170%, 04/15/2027  | 257 | 256 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2022-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.470%, 12/15/2026  | 232 | 231 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2023-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/2027  | 1654 | 1655 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2023-3, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.720%, 11/16/2026  | 17 | 17 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust, Ser 2023-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.280%, 05/15/2028  | 2500 | 2513 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust, Ser 2024-1, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 03/15/2027  | 336 | 336 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust, Ser 2024-2, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 05/17/2027  | 337 | 338 |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2025-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.468%, 05/15/2026  | 173 | 173 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2021-N1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.700%, 01/10/2028  | 223 | 218 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2021-N2, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.750%, 03/10/2028  | 60 | 58 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2021-N3, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.660%, 06/12/2028  | 134 | 128 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2022-N1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.210%, 12/11/2028 (A) | 1744 | 1719 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2023-N3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.410%, 09/10/2027 (A) | 66 | 66 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2023-P5, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.770%, 04/12/2027 (A) | 27 | 27 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Ultra Short Duration Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2024-N1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.760%, 04/12/2027 (A) | $104 | $104 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2024-P1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/10/2027 (A) | 46 | 46 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2025-N1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.636%, 03/10/2026 (A) | 172 | 172 |
| &nbsp;&nbsp;&nbsp; CFMT LLC, Ser 2021-AL1, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.390%, 09/22/2031 (A) | 94 | 93 |
| &nbsp;&nbsp;&nbsp; Chase Auto Owner Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.480%, 04/26/2027 (A) | 136 | 136 |
| &nbsp;&nbsp;&nbsp; Chase Auto Owner Trust, Ser 2024-3A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.530%, 09/27/2027 (A) | 822 | 824 |
| &nbsp;&nbsp;&nbsp; Chase Auto Owner Trust, Ser 2024-4A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/27/2027 (A) | 573 | 574 |
| &nbsp;&nbsp;&nbsp; Chesapeake Funding II LLC, Ser 2023-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 05/15/2035 (A) | 214 | 215 |
| &nbsp;&nbsp;&nbsp; Citizens Auto Receivables Trust, Ser 2023-2, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.090%, 10/15/2026 (A) | 16 | 16 |
| &nbsp;&nbsp;&nbsp; Citizens Auto Receivables Trust, Ser 2024-1, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.430%, 10/15/2026 (A) | 140 | 140 |
| &nbsp;&nbsp;&nbsp; CPS Auto Receivables Trust, Ser 2023-B, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.910%, 08/16/2027 (A) | 9 | 9 |
| &nbsp;&nbsp;&nbsp; CPS Auto Receivables Trust, Ser 2023-D, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 06/15/2027 (A) | 17 | 17 |
| &nbsp;&nbsp;&nbsp; CPS Auto Receivables Trust, Ser 2024-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.710%, 09/15/2027 (A) | 37 | 37 |
| &nbsp;&nbsp;&nbsp; Credit Acceptance Auto Loan Trust, Ser 2023-3A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.390%, 08/15/2033 (A) | 1550 | 1565 |
| &nbsp;&nbsp;&nbsp; Drive Auto Receivables Trust, Ser 2025-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.730%, 09/15/2032  | 835 | 836 |
| &nbsp;&nbsp;&nbsp; DT Auto Owner Trust, Ser 2023-3A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.290%, 08/16/2027 (A) | 43 | 43 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2022-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 05/21/2029 (A) | 50 | 50 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2022-3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.380%, 07/20/2029 (A) | 19 | 19 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2023-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.510%, 01/22/2029 (A) | 97 | 97 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2023-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.560%, 04/22/2030 (A) | $262 | $264 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2023-3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 03/20/2030 (A) | 1185 | 1202 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2024-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.230%, 03/20/2030 (A) | 397 | 400 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2024-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.740%, 12/20/2026 (A) | 329 | 331 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2024-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.724%, 10/21/2025 (A) | 100 | 100 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2024-4, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.690%, 07/20/2027 (A) | 2010 | 2011 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2025-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.555%, 05/20/2026 (A) | 344 | 344 |
| &nbsp;&nbsp;&nbsp; FHF Trust, Ser 2021-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.830%, 12/15/2026 (A) |  |  |
| &nbsp;&nbsp;&nbsp; FHF Trust, Ser 2022-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.430%, 01/18/2028 (A) | 88 | 88 |
| &nbsp;&nbsp;&nbsp; First Investors Auto Owner Trust, Ser 2023-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.440%, 10/16/2028 (A) | 365 | 369 |
| &nbsp;&nbsp;&nbsp; Flagship Credit Auto Trust, Ser 2023-3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.890%, 07/15/2027 (A) | 66 | 67 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Lease Trust, Ser 2024-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.240%, 07/15/2026  | 70 | 70 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Lease Trust, Ser 2024-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.060%, 05/15/2027  | 1300 | 1302 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2023-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 02/15/2028  | 757 | 758 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2024-C, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.320%, 08/15/2027  | 380 | 380 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2024-D, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.604%, 12/15/2025  | 171 | 171 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2025-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.470%, 12/15/2027  | 1095 | 1094 |
| &nbsp;&nbsp;&nbsp; Ford Credit Floorplan Master Owner Trust A, Ser 2023-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.920%, 05/15/2028 (A) | 500 | 502 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Ford Credit Floorplan Master Owner Trust, Ser 2025-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.630%, 04/15/2030  | $410 | $412 |
| &nbsp;&nbsp;&nbsp; Foursight Capital Automobile Receivables Trust, Ser 2023-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.990%, 05/15/2028 (A) | 200 | 201 |
| &nbsp;&nbsp;&nbsp; GECU Auto Receivables Trust, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 03/15/2027 (A) | 195 | 195 |
| &nbsp;&nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Ser 2024-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 09/15/2027 (A) | 1957 | 1959 |
| &nbsp;&nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Ser 2025-2A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.716%, 04/15/2026 (A) | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp; GLS Auto Select Receivables Trust, Ser 2023-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.370%, 06/15/2028 (A) | 220 | 221 |
| &nbsp;&nbsp;&nbsp; GM Financial Automobile Leasing Trust, Ser 2023-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.380%, 11/20/2026  | 701 | 703 |
| &nbsp;&nbsp;&nbsp; GM Financial Automobile Leasing Trust, Ser 2024-1, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.180%, 06/22/2026  | 237 | 237 |
| &nbsp;&nbsp;&nbsp; GM Financial Automobile Leasing Trust, Ser 2024-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.090%, 03/22/2027  | 1300 | 1304 |
| &nbsp;&nbsp;&nbsp; GM Financial Automobile Leasing Trust, Ser 2025-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.408%, 02/20/2026  | 399 | 399 |
| &nbsp;&nbsp;&nbsp; GM Financial Automobile Leasing Trust, Ser 2025-2, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.580%, 05/22/2028  | 500 | 502 |
| &nbsp;&nbsp;&nbsp; GM Financial Consumer Automobile Receivables Trust, Ser 2023-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.660%, 02/16/2028  | 2657 | 2658 |
| &nbsp;&nbsp;&nbsp; GM Financial Consumer Automobile Receivables Trust, Ser 2023-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 06/16/2028  | 1241 | 1249 |
| &nbsp;&nbsp;&nbsp; GM Financial Consumer Automobile Receivables Trust, Ser 2025-2, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 02/16/2028  | 175 | 175 |
| &nbsp;&nbsp;&nbsp; GMF Floorplan Owner Revolving Trust Series, Ser 2025-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.590%, 03/15/2029 (A) | 1160 | 1162 |
| &nbsp;&nbsp;&nbsp; GMF Floorplan Owner Revolving Trust, Ser 2023-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.340%, 06/15/2028 (A) | 700 | 705 |
| &nbsp;&nbsp;&nbsp; Hertz Vehicle Financing III LLC, Ser 2023-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.490%, 06/25/2027 (A) | 2030 | 2040 |
| &nbsp;&nbsp;&nbsp; Honda Auto Receivables Owner Trust, Ser 2023-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.410%, 02/18/2028  | 1175 | 1182 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Honda Auto Receivables Owner Trust, Ser 2024-4, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.560%, 03/15/2027  | $1213 | $1213 |
| &nbsp;&nbsp;&nbsp; Honda Auto Receivables Owner Trust, Ser 2025-2, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/18/2028  | 325 | 324 |
| &nbsp;&nbsp;&nbsp; Huntington Auto Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2027 (A) | 163 | 163 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Lease Securitization Trust, Ser 2025-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 06/15/2027 (A) | 2600 | 2603 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Lease Securitization Trust, Ser 2025-B, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.580%, 09/15/2027 (A) | 320 | 320 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2022-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.220%, 10/15/2026  | 88 | 88 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2024-B, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 06/15/2027  | 207 | 207 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.320%, 10/15/2029  | 720 | 720 |
| &nbsp;&nbsp;&nbsp; LAD Auto Receivables Trust, Ser 2022-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.210%, 06/15/2027 (A) | 27 | 28 |
| &nbsp;&nbsp;&nbsp; LAD Auto Receivables Trust, Ser 2024-3A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.640%, 11/15/2027 (A) | 517 | 517 |
| &nbsp;&nbsp;&nbsp; Lendbuzz Securitization Trust, Ser 2023-3A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 12/15/2028 (A) | 338 | 345 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Auto Lease Trust, Ser 2023-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.740%, 01/15/2027  | 1116 | 1116 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Auto Lease Trust, Ser 2024-B, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.570%, 12/15/2026  | 156 | 156 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Auto Lease Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.610%, 04/16/2029  | 265 | 267 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Auto Receivables Trust, Ser 2022-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.210%, 08/16/2027  | 429 | 430 |
| &nbsp;&nbsp;&nbsp; Navistar Financial Dealer Note Master Owner Trust, Ser 2023-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.180%, 08/25/2028 (A) | 750 | 752 |
| &nbsp;&nbsp;&nbsp; NextGear Floorplan Master Owner Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.120%, 03/15/2029 (A) | 250 | 253 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Lease Trust, Ser 2024-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.110%, 10/15/2026  | 490 | 490 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Lease Trust, Ser 2024-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.910%, 04/15/2027  | 1150 | 1154 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Ultra Short Duration Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Nissan Auto Receivables Owner Trust, Ser 2022-A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.070%, 12/17/2029  | $1150 | $1129 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Receivables Owner Trust, Ser 2023-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.930%, 03/15/2028  | 1125 | 1135 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Receivables Owner Trust, Ser 2025-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.490%, 12/17/2029  | 805 | 807 |
| &nbsp;&nbsp;&nbsp; OCCU Auto Receivables Trust, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.230%, 04/15/2027 (A) | 122 | 122 |
| &nbsp;&nbsp;&nbsp; Octane Receivables Trust, Ser 2023-3A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.440%, 03/20/2029 (A) | 1119 | 1127 |
| &nbsp;&nbsp;&nbsp; OneMain Direct Auto Receivables Trust, Ser 2019-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.630%, 09/14/2027 (A) | 77 | 77 |
| &nbsp;&nbsp;&nbsp; Porsche Financial Auto Securitization Trust, Ser 2023-2A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.790%, 01/22/2029 (A) | 902 | 908 |
| &nbsp;&nbsp;&nbsp; Porsche Innovative Lease Owner Trust, Ser 2024-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.670%, 11/22/2027 (A) | 1150 | 1152 |
| &nbsp;&nbsp;&nbsp; Porsche Innovative Lease Owner Trust, Ser 2025-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.610%, 10/20/2028 (A) | 465 | 467 |
| &nbsp;&nbsp;&nbsp; Prestige Auto Receivables Trust, Ser 2025-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.668%, 04/15/2026 (A) | 852 | 852 |
| &nbsp;&nbsp;&nbsp; Santander Bank Auto Credit-Linked Notes, Ser 2022-C, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.451%, 12/15/2032 (A) | 26 | 26 |
| &nbsp;&nbsp;&nbsp; Santander Bank Auto Credit-Linked Notes, Ser 2023-A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.493%, 06/15/2033 (A) | 175 | 175 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2021-3, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.330%, 09/15/2027  | 293 | 291 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2022-2, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.760%, 07/16/2029  | 1745 | 1732 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2022-4, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.420%, 11/15/2027  | 603 | 603 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2024-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 09/15/2027  | 143 | 143 |
| &nbsp;&nbsp;&nbsp; SBNA Auto Lease Trust, Ser 2024-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.390%, 11/20/2026 (A) | 968 | 970 |
| &nbsp;&nbsp;&nbsp; SBNA Auto Lease Trust, Ser 2024-C, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.940%, 11/20/2026 (A) | 74 | 74 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Securitized Term Auto Receivables Trust, Ser 2025-A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.038%, 07/25/2031 (A) | $641 | $643 |
| &nbsp;&nbsp;&nbsp; Securitized Term Auto Receivables Trust, Ser 2025-A, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.185%, 07/25/2031 (A) | 569 | 572 |
| &nbsp;&nbsp;&nbsp; SFS Auto Receivables Securitization Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 06/21/2027 (A) | 50 | 50 |
| &nbsp;&nbsp;&nbsp; SFS Auto Receivables Securitization Trust, Ser 2024-3A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.710%, 05/22/2028 (A) | 1171 | 1171 |
| &nbsp;&nbsp;&nbsp; Stellantis Financial Underwritten Enhanced Lease Trust, Ser 2025-AA, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.470%, 07/20/2028 (A) | 420 | 420 |
| &nbsp;&nbsp;&nbsp; Tesla Electric Vehicle Trust, Ser 2023-1, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.540%, 12/21/2026 (A) | 351 | 351 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Receivables Owner Trust, Ser 2023-C, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 08/17/2026  | 81 | 81 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Receivables Owner Trust, Ser 2025-B, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.460%, 03/15/2028  | 445 | 445 |
| &nbsp;&nbsp;&nbsp; Toyota Lease Owner Trust, Ser 2024-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 04/20/2027 (A) | 1241 | 1247 |
| &nbsp;&nbsp;&nbsp; Toyota Lease Owner Trust, Ser 2024-B, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.310%, 02/22/2027 (A) | 310 | 309 |
| &nbsp;&nbsp;&nbsp; Toyota Lease Owner Trust, Ser 2024-B, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.210%, 09/20/2027 (A) | 645 | 643 |
| &nbsp;&nbsp;&nbsp; Westlake Automobile Receivables Trust, Ser 2023-2A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 02/16/2027 (A) | 112 | 112 |
| &nbsp;&nbsp;&nbsp; Westlake Automobile Receivables Trust, Ser 2023-4A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.230%, 01/15/2027 (A) | 193 | 194 |
| &nbsp;&nbsp;&nbsp; Westlake Automobile Receivables Trust, Ser 2023-4A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.240%, 07/15/2027 (A) | 940 | 946 |
| &nbsp;&nbsp;&nbsp; Westlake Automobile Receivables Trust, Ser 2023-P1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.890%, 02/16/2027 (A) | 541 | 542 |
| &nbsp;&nbsp;&nbsp; Westlake Flooring Master Trust, Ser 2024-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.430%, 02/15/2028 (A) | 135 | 136 |
| &nbsp;&nbsp;&nbsp; Westlake Flooring Master Trust, Ser 2024-1A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.070%, 02/15/2028 (A) | 1840 | 1851 |
| &nbsp;&nbsp;&nbsp; Wheels Fleet Lease Funding 1 LLC, Ser 2023-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/18/2038 (A) | 468 | 471 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Wheels Fleet Lease Funding 1 LLC, Ser 2023-2A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.460%, 08/18/2038 (A) | $| 524 | $531 |
| &nbsp;&nbsp;&nbsp; Wheels Fleet Lease Funding 1 LLC, Ser 2024-2A, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.870%, 06/21/2039 (A) |  | 575 | 577 |
| &nbsp;&nbsp;&nbsp; Wheels Fleet Lease Funding 1 LLC, Ser 2025-1A, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.570%, 01/18/2040 (A) |  | 845 | 846 |
| &nbsp;&nbsp;&nbsp; World Omni Auto Receivables Trust, Ser 2021-C, Cl A4 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.640%, 09/15/2027  |  | 993 | 986 |
| &nbsp;&nbsp;&nbsp; World Omni Auto Receivables Trust, Ser 2022-D, Cl A3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.610%, 02/15/2028  |  | 734 | 737 |
| &nbsp;&nbsp;&nbsp; World Omni Automobile Lease Securitization Trust, Ser 2025-A, Cl A3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.420%, 04/17/2028  |  | 290 | 289 |
|  |  |  | 89664 |
| **Credit Cards — 2.5%** | **Credit Cards — 2.5%** | **Credit Cards — 2.5%** |  |
| &nbsp;&nbsp;&nbsp; American Express Credit Account Master Trust, Ser 2024-3, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 07/15/2029  |  | 1750 | 1764 |
| &nbsp;&nbsp;&nbsp; Barclays Dryrock Issuance Trust, Ser 2023-1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.720%, 02/15/2029  |  | 300 | 301 |
| &nbsp;&nbsp;&nbsp; Capital One Multi-Asset Execution Trust, Ser 2022-A3, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 10/15/2027  |  | 1800 | 1802 |
| &nbsp;&nbsp;&nbsp; Discover Card Execution Note Trust, Ser 2022-A4, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.030%, 10/15/2027  |  | 1525 | 1528 |
| &nbsp;&nbsp;&nbsp; Evergreen Credit Card Trust, Ser 2025-CRT5, Cl B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.240%, 05/15/2029 (A) |  | 920 | 926 |
| &nbsp;&nbsp;&nbsp; Golden Credit Card Trust, Ser 2021-1A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.140%, 08/15/2028 (A) |  | 3465 | 3331 |
| &nbsp;&nbsp;&nbsp; Trillium Credit Card Trust II, Ser 2023-3A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.182%, SOFRRATE + 0.850%, 08/26/2028 (A)(B) |  | 1700 | 1701 |
|  |  |  | 11353 |
| **Other Asset-Backed Securities — 9.3%** | **Other Asset-Backed Securities — 9.3%** | **Other Asset-Backed Securities — 9.3%** |  |
| &nbsp;&nbsp;&nbsp; Affirm Asset Securitization Trust, Ser 2021-Z2, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.170%, 11/16/2026 (A) |  | 2 | 2 |
| &nbsp;&nbsp;&nbsp; Affirm Asset Securitization Trust, Ser 2024-A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.610%, 02/15/2029 (A) |  | 255 | 256 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Amur Equipment Finance Receivables XI LLC, Ser 2022-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/21/2028 (A) | $62 | $62 |
| &nbsp;&nbsp;&nbsp; Amur Equipment Finance Receivables XII LLC, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.090%, 12/20/2029 (A) | 843 | 851 |
| &nbsp;&nbsp;&nbsp; Amur Equipment Finance Receivables XIII LLC, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.380%, 01/21/2031 (A) | 2454 | 2473 |
| &nbsp;&nbsp;&nbsp; Amur Equipment Finance Receivables XV LLC, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 09/22/2031 (A) | 590 | 591 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XII, Ser 2024-12A, Cl ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.336%, TSFR3M + 1.080%, 04/15/2031 (A)(B) | 538 | 538 |
| &nbsp;&nbsp;&nbsp; Aqua Finance Trust, Ser 2021-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.540%, 07/17/2046 (A) | 151 | 138 |
| &nbsp;&nbsp;&nbsp; Ares XXXIV CLO, Ser 2024-2A, Cl AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, TSFR3M + 1.320%, 04/17/2033 (A)(B) | 2000 | 2003 |
| &nbsp;&nbsp;&nbsp; Auxilior Term Funding, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.180%, 12/15/2028 (A) | 203 | 204 |
| &nbsp;&nbsp;&nbsp; Bain Capital Credit CLO, Ser 2025-2A, Cl AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, TSFR3M + 0.920%, 10/17/2032 (A)(B) | 2353 | 2346 |
| &nbsp;&nbsp;&nbsp; Carbone CLO, Ser 2017-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.671%, TSFR3M + 1.402%, 01/20/2031 (A)(B) | 134 | 134 |
| &nbsp;&nbsp;&nbsp; Carlyle Global Market Strategies CLO, Ser 2018-1A, Cl A1R2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.511%, TSFR3M + 1.232%, 04/17/2031 (A)(B) | 230 | 230 |
| &nbsp;&nbsp;&nbsp; Carlyle Global Market Strategies CLO, Ser 2021-1A, Cl AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.511%, TSFR3M + 1.242%, 07/20/2031 (A)(B) | 352 | 352 |
| &nbsp;&nbsp;&nbsp; Carlyle Global Market Strategies CLO, Ser 2024-4A, Cl A1RR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.490%, TSFR3M + 1.220%, 07/20/2032 (A)(B) | 451 | 451 |
| &nbsp;&nbsp;&nbsp; CBAM, Ser 2018-5A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.561%, TSFR3M + 1.282%, 04/17/2031 (A)(B) | 320 | 320 |
| &nbsp;&nbsp;&nbsp; CCG Receivables Trust, Ser 2023-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.820%, 09/16/2030 (A) | 160 | 161 |
| &nbsp;&nbsp;&nbsp; CCG Receivables Trust, Ser 2025-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.480%, 10/14/2032 (A) | 185 | 185 |
| &nbsp;&nbsp;&nbsp; CIFC Funding, Ser 2017-1A, Cl ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.644%, TSFR3M + 1.372%, 01/22/2031 (A)(B) | 293 | 294 |
| &nbsp;&nbsp;&nbsp; CIFC Funding, Ser 2021-5A, Cl A1R1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.658%, TSFR3M + 1.402%, 01/15/2035 (A)(B) | 1000 | 1002 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Ultra Short Duration Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; CNH Equipment Trust, Ser 2022-C, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 04/17/2028  | $1128 | $1133 |
| &nbsp;&nbsp;&nbsp; CNH Equipment Trust, Ser 2024-C, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 02/18/2028  | 817 | 816 |
| &nbsp;&nbsp;&nbsp; CNH Equipment Trust, Ser 2025-A, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 08/15/2028  | 735 | 734 |
| &nbsp;&nbsp;&nbsp; Dext ABS LLC, Ser 2023-2, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.560%, 05/15/2034 (A) | 386 | 389 |
| &nbsp;&nbsp;&nbsp; DLLAA LLC, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.930%, 07/20/2026 (A) | 48 | 48 |
| &nbsp;&nbsp;&nbsp; DLLAA LLC, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 10/20/2027 (A) | 545 | 545 |
| &nbsp;&nbsp;&nbsp; DLLAD LLC, Ser 2021-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.640%, 09/21/2026 (A) | 35 | 35 |
| &nbsp;&nbsp;&nbsp; DLLST, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.330%, 01/20/2026 (A) | 73 | 73 |
| &nbsp;&nbsp;&nbsp; Dryden 94 CLO, Ser 2024-94A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.616%, TSFR3M + 1.360%, 10/15/2037 (A)(B) | 700 | 702 |
| &nbsp;&nbsp;&nbsp; FirstKey Homes Trust, Ser 2020-SFR2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.266%, 10/19/2037 (A) | 850 | 836 |
| &nbsp;&nbsp;&nbsp; FirstKey Homes Trust, Ser 2022-SFR3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 07/17/2038 (A) | 375 | 372 |
| &nbsp;&nbsp;&nbsp; GreatAmerica Leasing Receivables, Ser 2023-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 02/16/2026 (A) | 130 | 130 |
| &nbsp;&nbsp;&nbsp; GreatAmerica Leasing Receivables, Ser 2024-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.320%, 08/17/2026 (A) | 996 | 997 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations Trust, Ser 2020-AA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.740%, 02/25/2039 (A) | 535 | 519 |
| &nbsp;&nbsp;&nbsp; HPEFS Equipment Trust, Ser 2023-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.040%, 01/21/2031 (A) | 60 | 60 |
| &nbsp;&nbsp;&nbsp; HPEFS Equipment Trust, Ser 2024-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.180%, 05/20/2031 (A) | 1535 | 1538 |
| &nbsp;&nbsp;&nbsp; John Deere Owner Trust, Ser 2023-C, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.760%, 08/17/2026  | 53 | 53 |
| &nbsp;&nbsp;&nbsp; John Deere Owner Trust, Ser 2024-C, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.360%, 08/16/2027  | 307 | 307 |
| &nbsp;&nbsp;&nbsp; KKR CLO 21, Ser 2018-21, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.518%, TSFR3M + 1.262%, 04/15/2031 (A)(B) | 265 | 265 |
| &nbsp;&nbsp;&nbsp; KKR CLO, Ser 2017-11, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.698%, TSFR3M + 1.442%, 01/15/2031 (A)(B) | 214 | 215 |
| &nbsp;&nbsp;&nbsp; Kubota Credit Owner Trust, Ser 2023-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.610%, 07/15/2026 (A) | 276 | 276 |
| &nbsp;&nbsp;&nbsp; Kubota Credit Owner Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.390%, 01/15/2027 (A) | 557 | 558 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Kubota Credit Owner Trust, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.610%, 12/15/2027 (A) | $1150 | $1152 |
| &nbsp;&nbsp;&nbsp; M&T Equipment Notes, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.090%, 07/15/2030 (A) | 4 | 4 |
| &nbsp;&nbsp;&nbsp; MMAF Equipment Finance LLC, Ser 2020-BA, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.660%, 11/15/2027 (A) | 327 | 325 |
| &nbsp;&nbsp;&nbsp; MMAF Equipment Finance LLC, Ser 2021-A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.560%, 06/13/2028 (A) | 30 | 29 |
| &nbsp;&nbsp;&nbsp; MMAF Equipment Finance LLC, Ser 2023-A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.790%, 11/13/2026 (A) | 271 | 272 |
| &nbsp;&nbsp;&nbsp; MMAF Equipment Finance LLC, Ser 2024-A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 09/13/2027 (A) | 578 | 580 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2019-GA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.400%, 10/15/2068 (A) | 163 | 156 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2020-DA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.690%, 05/15/2069 (A) | 449 | 421 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2021-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.840%, 05/15/2069 (A) | 714 | 646 |
| &nbsp;&nbsp;&nbsp; OCP CLO, Ser 2018-5A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.624%, TSFR3M + 1.342%, 04/26/2031 (A)(B) | 29 | 29 |
| &nbsp;&nbsp;&nbsp; Octagon Investment Partners 36, Ser 2018-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.488%, TSFR3M + 1.232%, 04/15/2031 (A)(B) | 515 | 515 |
| &nbsp;&nbsp;&nbsp; OneMain Financial Issuance Trust, Ser 2022-S1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.130%, 05/14/2035 (A) | 1068 | 1063 |
| &nbsp;&nbsp;&nbsp; PFS Financing, Ser 2025-A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2029 (A) | 800 | 800 |
| &nbsp;&nbsp;&nbsp; PFS Financing, Ser 2025-B, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 02/15/2030 (A) | 545 | 551 |
| &nbsp;&nbsp;&nbsp; Rad CLO 4, Ser 2024-4A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.512%, TSFR3M + 1.230%, 04/25/2032 (A)(B) | 513 | 514 |
| &nbsp;&nbsp;&nbsp; SCF Equipment Leasing LLC, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.560%, 01/22/2030 (A) | 19 | 19 |
| &nbsp;&nbsp;&nbsp; SCF Equipment Trust LLC, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.820%, 07/22/2030 (A) | 100 | 100 |
| &nbsp;&nbsp;&nbsp; SoFi Consumer Loan Program Trust, Ser 2025-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 02/27/2034 (A) | 1777 | 1777 |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2024-SFR4, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.079%, TSFR1M + 1.750%, 10/17/2041 (A)(B) | $| 1239 | $| 1243 |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2024-SFR4, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.429%, TSFR1M + 2.100%, 10/17/2041 (A)(B) |  | 425 |  | 426 |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2025-SFR5, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.779%, TSFR1M + 1.450%, 02/17/2042 (A)(B) |  | 720 |  | 720 |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2025-SFR5, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.079%, TSFR1M + 1.750%, 02/17/2042 (A)(B) |  | 1420 |  | 1420 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Trust, Ser 2024-1A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 09/20/2029 (A) |  | 2600 |  | 2617 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2024-3, Cl A1A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.340%, 04/22/2030  |  | 1610 |  | 1640 |
| &nbsp;&nbsp;&nbsp; VFI ABS LLC, Ser 2023-1A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.270%, 03/26/2029 (A) |  | 133 |  | 134 |
| &nbsp;&nbsp;&nbsp; Volvo Financial Equipment LLC, Ser 2024-1A, Cl A1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.073%, 09/15/2025 (A) |  | 13 |  | 13 |
| &nbsp;&nbsp;&nbsp; Voya CLO, Ser 2018-2A, Cl A1R |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.513%, TSFR3M + 1.232%, 04/25/2031 (A)(B) |  | 222 |  | 223 |
| &nbsp;&nbsp;&nbsp; Voya CLO, Ser 2018-3A, Cl A1R2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.456%, TSFR3M + 1.200%, 10/15/2031 (A)(B) |  | 810 |  | 810 |
| &nbsp;&nbsp;&nbsp; Voya CLO, Ser 2024-2A, Cl AR |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.470%, TSFR3M + 1.200%, 07/20/2032 (A)(B) |  | 1129 |  | 1130 |
|  |  |  |  | 42523 |
|  Total Asset-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $143,322) ($ Thousands) |  |  |  | 143540 |
| **MORTGAGE-BACKED SECURITIES — 13.7%** | **MORTGAGE-BACKED SECURITIES — 13.7%** | **MORTGAGE-BACKED SECURITIES — 13.7%** | **MORTGAGE-BACKED SECURITIES — 13.7%** | **MORTGAGE-BACKED SECURITIES — 13.7%** |
| **Agency Mortgage-Backed Obligations — 4.0%** | **Agency Mortgage-Backed Obligations — 4.0%** | **Agency Mortgage-Backed Obligations — 4.0%** |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 03/01/2030 to 09/01/2030  |  | 1444 |  | 1409 |
| &nbsp;&nbsp;&nbsp; FHLMC ARM |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.199%, H15T1Y + 2.150%, 02/01/2030(B) |  | 1 |  | 1 |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2012-4030, Cl AN |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 04/15/2027 |  | 19 |  | 19 |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2018-4783, Cl BV |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/15/2037 |  | 598 |  | 595 |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2018-4818, Cl BD |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 03/15/2045 |  | 18 |  | 18 |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2019-4938, Cl CA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 04/25/2048 |  | 1004 |  | 952 |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2021-5081, Cl HE |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.000%, 01/15/2044 |  | 190 |  | 172 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2022-5264, Cl AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 08/25/2039 | $290 | $289 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K067, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.895%, 03/25/2027 | 253 | 249 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser KBX1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.920%, 01/25/2026 | 231 | 228 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser KIR1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.849%, 03/25/2026 | 650 | 640 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass-Through Certificates, Ser KIR1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.446%, 03/25/2026 | 143 | 141 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2011-3786, Cl ED |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 09/15/2039 | 486 | 484 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2013-4166, Cl PV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 07/15/2037 | 1872 | 1837 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2015-4479, Cl TA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 07/15/2034 | 1053 | 1032 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2018-4753, Cl QV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 12/15/2040 | 364 | 362 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2024-DNA2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.572%, SOFR30A + 1.250%, 05/25/2044(A)(B) | 359 | 360 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2024-HQA1, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.572%, SOFR30A + 1.250%, 03/25/2044(A)(B) | 423 | 424 |
| &nbsp;&nbsp;&nbsp; FNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/01/2027 to 04/01/2040  | 56 | 58 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 11/01/2034 | 128 | 127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 10/01/2030 | 133 | 130 |
| &nbsp;&nbsp;&nbsp; FNMA ARM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.465%, H15T1Y + 2.215%, 01/01/2029(B) | 2 | 2 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2001-33, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.887%, SOFR30A + 0.564%, 07/25/2031(B) | 2 | 2 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2011-99, Cl KB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 10/25/2026 | 183 | 181 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2013-1, Cl DC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 02/25/2033 | 542 | 506 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2016-99, Cl H |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/25/2043 | 203 | 200 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2022-77, Cl CA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/25/2039 | 334 | 333 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2023-16, Cl VE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/25/2034 | 439 | 449 |
| &nbsp;&nbsp;&nbsp; FNMA Connecticut Avenue Securities Trust, Ser 2016-C03, Cl 2M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.337%, SOFR30A + 6.014%, 10/25/2028(B) | 139 | 143 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Ultra Short Duration Bond Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FNMA Connecticut Avenue Securities Trust, Ser 2024-R03, Cl 2M1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.471%, SOFR30A + 1.150%, 03/25/2044(A)(B) | $| 243 | $244 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-137, Cl UE |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 09/25/2041 |  | 98 | 93 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2015-57, Cl CA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 08/25/2034 |  | 276 | 271 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-81, Cl PA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/25/2044 |  | 1515 | 1492 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2023-32, Cl BD |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/25/2042 |  | 1916 | 1932 |
| &nbsp;&nbsp;&nbsp; FNMA, Ser M4, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.551%, 12/25/2026(B) |  | 1194 | 1161 |
| &nbsp;&nbsp;&nbsp; FREMF Mortgage Trust, Ser 2015-K49, Cl B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.736%, 10/25/2048(A)(B) |  | 1500 | 1493 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2013-88, Cl WC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 11/20/2041 |  | 345 | 334 |
|  |  |  | 18363 |
| **Non-Agency Mortgage-Backed Obligations — 9.7%** | **Non-Agency Mortgage-Backed Obligations — 9.7%** | **Non-Agency Mortgage-Backed Obligations — 9.7%** |  |
| &nbsp;&nbsp;&nbsp; ALA Trust, Ser 2025-OANA, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.043%, TSFR1M + 1.743%, 06/15/2030(A)(B) |  | 1765 | 1772 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-1, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.466%, 12/25/2059(A)(B) |  | 15 | 15 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-2, Cl A1A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.531%, 01/26/2065(A)(B) |  | 162 | 153 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-3, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.691%, 04/25/2065(A)(B) |  | 194 | 183 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-4, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.469%, 06/25/2065(A)(B) |  | 97 | 92 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2020-R1, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.990%, 04/25/2053(A)(B) |  | 116 | 110 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2021-1, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.909%, 01/25/2066(A)(B) |  | 416 | 353 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust, Ser 2021-3, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.068%, 05/25/2066(A)(B) |  | 371 | 318 |
| &nbsp;&nbsp;&nbsp; Arroyo Mortgage Trust, Ser 2019-3, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.962%, 10/25/2048(A)(B) |  | 94 | 89 |
| &nbsp;&nbsp;&nbsp; Bank of America Commercial Mortgage Trust, Ser 2017-BNK3, Cl ASB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.366%, 02/15/2050 |  | 107 | 106 |
| &nbsp;&nbsp;&nbsp; BANK, Ser 2017-BNK7, Cl ASB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.265%, 09/15/2060 |  | 89 | 88 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser 2020-B17, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.211%, 03/15/2053 | $154 | $142 |
| &nbsp;&nbsp;&nbsp; BMO Mortgage Trust, Ser 2022-C3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.251%, 09/15/2054(B) | 393 | 393 |
| &nbsp;&nbsp;&nbsp; BPR Trust, Ser 2021-TY, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.494%, TSFR1M + 1.164%, 09/15/2038(A)(B) | 1000 | 998 |
| &nbsp;&nbsp;&nbsp; BPR Trust, Ser 2022-OANA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.227%, TSFR1M + 1.898%, 04/15/2037(A)(B) | 550 | 550 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2020-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.449%, 05/25/2060(A)(B) | 63 | 61 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2021-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.941%, 02/25/2049(A)(B) | 149 | 139 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2021-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.970%, 03/25/2060(A)(B) | 99 | 96 |
| &nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust, Ser 2021-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.699%, 04/25/2060(A)(B) | 250 | 233 |
| &nbsp;&nbsp;&nbsp; BSPRT Issuer, Ser 2022-FL8, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.832%, SOFR30A + 1.500%, 02/15/2037(A)(B) | 360 | 360 |
| &nbsp;&nbsp;&nbsp; Bunker Hill Loan Depositary Trust, Ser 2020-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.724%, 02/25/2055(A)(B) | 33 | 32 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-SOAR, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.314%, TSFR1M + 0.984%, 06/15/2038(A)(B) | 1170 | 1169 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-VINO, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.096%, TSFR1M + 0.767%, 05/15/2038(A)(B) | 178 | 178 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-VOLT, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.143%, TSFR1M + 0.814%, 09/15/2036(A)(B) | 540 | 537 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2022-CSMO, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.444%, TSFR1M + 2.115%, 06/15/2027(A)(B) | 475 | 477 |
| &nbsp;&nbsp;&nbsp; BX Commerical Mortgage Trust, Ser 2021-MFM1, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.394%, TSFR1M + 1.064%, 01/15/2034(A)(B) | 434 | 433 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2021-ARIA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.343%, TSFR1M + 1.014%, 10/15/2036(A)(B) | 300 | 299 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2021-LGCY, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, TSFR1M + 0.620%, 10/15/2036(A)(B) | $1200 | $1194 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2022-LBA6, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.329%, TSFR1M + 1.000%, 01/15/2039(A)(B) | 1220 | 1217 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2025-VLT6, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.221%, TSFR1M + 1.893%, 03/15/2042(A)(B) | 1975 | 1960 |
| &nbsp;&nbsp;&nbsp; CFCRE Commercial Mortgage Trust, Ser 2017-C8, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.367%, 06/15/2050 | 253 | 250 |
| &nbsp;&nbsp;&nbsp; Chase Mortgage Finance, Ser 2021-CL1, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.522%, SOFR30A + 1.200%, 02/25/2050(A)(B) | 396 | 389 |
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, Ser 2016-C1, Cl AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.003%, 05/10/2049 | 16 | 16 |
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, Ser 2016-GC37, Cl AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.098%, 04/10/2049 | 114 | 114 |
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, Ser 2016-P3, Cl AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.127%, 04/15/2049 | 11 | 11 |
| &nbsp;&nbsp;&nbsp; Citigroup Mortgage Loan Trust, Ser 2018-RP2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/25/2058(A)(B) | 95 | 94 |
| &nbsp;&nbsp;&nbsp; COLT Funding LLC, Ser 2021-3R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.051%, 12/25/2064(A)(B) | 209 | 190 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2020-2R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.325%, 10/26/2065(A)(B) | 97 | 90 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.910%, 06/25/2066(A)(B) | 306 | 262 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.924%, 08/25/2066(A)(B) | 433 | 361 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-2R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.798%, 07/27/2054(A) | 137 | 125 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.397%, 10/25/2066(A)(B) | 750 | 635 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust, Ser 2021-HX1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.110%, 10/25/2066(A)(B) | 691 | 589 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Pass-Through Certificates, Ser 2021-1R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.857%, 05/25/2065(A)(B) | 322 | 289 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2021-R03, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.972%, SOFR30A + 1.650%, 12/25/2041(A)(B) | 555 | 558 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R01, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.222%, SOFR30A + 1.900%, 12/25/2041(A)(B) | $1575 | $1589 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R02, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.622%, SOFR30A + 2.300%, 01/25/2043(A)(B) | 232 | 237 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R03, Cl 2M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.822%, SOFR30A + 2.500%, 04/25/2043(A)(B) | 419 | 426 |
| &nbsp;&nbsp;&nbsp; CSAIL Commercial Mortgage Trust, Ser 2018-C14, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.359%, 11/15/2051(B) | 350 | 348 |
| &nbsp;&nbsp;&nbsp; CSMC Trust, Ser 2021-AFC1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.830%, 03/25/2056(A)(B) | 364 | 292 |
| &nbsp;&nbsp;&nbsp; CSMC, Ser 2021-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.809%, 05/25/2065(A)(B) | 311 | 282 |
| &nbsp;&nbsp;&nbsp; Deephaven Residential Mortgage Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.715%, 05/25/2065(A)(B) | 76 | 72 |
| &nbsp;&nbsp;&nbsp; Deephaven Residential Mortgage Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.899%, 04/25/2066(A)(B) | 128 | 112 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust, Ser 2020-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.178%, 10/25/2065(A)(B) | 39 | 36 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.797%, 02/25/2066(A)(B) | 77 | 65 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.931%, 06/25/2066(A)(B) | 246 | 203 |
| &nbsp;&nbsp;&nbsp; ELM Trust, Ser 2024-ELM, Cl A15 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.801%, 06/10/2039(A)(B) | 415 | 419 |
| &nbsp;&nbsp;&nbsp; ELM Trust, Ser 2024-ELM, Cl A10 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.801%, 06/10/2039(A)(B) | 415 | 419 |
| &nbsp;&nbsp;&nbsp; ELP Commercial Mortgage Trust, Ser 2021-ELP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.145%, TSFR1M + 0.815%, 11/15/2038(A)(B) | 1059 | 1056 |
| &nbsp;&nbsp;&nbsp; Extended Stay America Trust, Ser 2021-ESH, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.824%, TSFR1M + 1.494%, 07/15/2038(A)(B) | 429 | 429 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-DNA2, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.622%, SOFR30A + 1.300%, 02/25/2042(A)(B) | 126 | 126 |
| &nbsp;&nbsp;&nbsp; Fontainebleau Miami Beach Mortgage Trust, Ser 2024-FBLU, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.779%, TSFR1M + 1.450%, 12/15/2039(A)(B) | 950 | 945 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Ultra Short Duration Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GCAT Trust, Ser 2020-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.555%, 04/25/2065(A)(C) | $71 | $68 |
| &nbsp;&nbsp;&nbsp; GCAT Trust, Ser 2021-CM1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.469%, 04/25/2065(A)(B) | 346 | 329 |
| &nbsp;&nbsp;&nbsp; GCAT Trust, Ser 2021-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.874%, 01/25/2066(A)(B) | 258 | 224 |
| &nbsp;&nbsp;&nbsp; GCAT Trust, Ser 2021-NQM5, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.262%, 07/25/2066(A)(B) | 1082 | 903 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities II Trust, Ser 2022-SHIP, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.936%, 09/10/2038(A)(B) | 810 | 806 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2016-GS3, Cl AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.777%, 10/10/2049 | 167 | 166 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2017-GS8, Cl AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.313%, 11/10/2050 | 208 | 205 |
| &nbsp;&nbsp;&nbsp; HLTN Commercial Mortgage Trust, Ser 2024-DPLO, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.970%, TSFR1M + 1.642%, 06/15/2041(A)(B) | 800 | 800 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust, Ser 2021-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.071%, 06/25/2056(A)(B) | 481 | 416 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust, Ser 2021-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.073%, 09/25/2056(A)(B) | 322 | 271 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust, Ser 2021-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.595%, 11/25/2056(A)(B) | 354 | 306 |
| &nbsp;&nbsp;&nbsp; JP Morgan Chase Commercial Mortgage Securities Trust, Ser 2016-JP2, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.733%, 01/15/2049 | 152 | 152 |
| &nbsp;&nbsp;&nbsp; JPMCC Commercial Mortgage Securities Trust, Ser 2017-JP5, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.549%, 03/15/2050 | 37 | 36 |
| &nbsp;&nbsp;&nbsp; JPMCC Commercial Mortgage Securities Trust, Ser 2017-JP7, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.241%, 09/15/2050 | 206 | 203 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, Ser 2014-5, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.646%, 10/25/2029(A)(B) | 444 | 434 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust, Ser 2018-7FRB, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.189%, TSFR1M + 0.864%, 04/25/2046(A)(B) | 88 | 87 |
| &nbsp;&nbsp;&nbsp; MetLife Securitization Trust, Ser 2017-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 04/25/2055(A)(B) | 65 | 62 |
| &nbsp;&nbsp;&nbsp; MF1, Ser 2022-FL8, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.674%, TSFR1M + 1.350%, 02/19/2037(A)(B) | 546 | 544 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2020-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.479%, 03/25/2065(A)(B) | 51 | 49 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2020-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.014%, 01/26/2065(A)(B) | $65 | $61 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2021-INV1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.852%, 01/25/2056(A)(B) | 99 | 95 |
| &nbsp;&nbsp;&nbsp; MFA Trust, Ser 2021-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.029%, 11/25/2064(A)(B) | 260 | 227 |
| &nbsp;&nbsp;&nbsp; MHC Commercial Mortgage Trust, Ser 2021-MHC, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.544%, TSFR1M + 1.215%, 04/15/2038(A)(B) | 1640 | 1639 |
| &nbsp;&nbsp;&nbsp; MHP, Ser 2021-STOR, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.144%, TSFR1M + 0.814%, 07/15/2038(A)(B) | 325 | 325 |
| &nbsp;&nbsp;&nbsp; MHP, Ser 2022-MHIL, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.143%, TSFR1M + 0.815%, 01/15/2039(A)(B) | 198 | 197 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2017-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 01/25/2061(A)(B) | 40 | 40 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2018-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 05/25/2062(A)(B) | 23 | 23 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2018-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 05/25/2058(A)(B) | 2 | 2 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2018-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 08/25/2058(A)(B) | 240 | 236 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2018-4, Cl A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/25/2066(A)(B) | 1365 | 1336 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2019-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 10/25/2069(A)(B) | 390 | 378 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2021-NMR1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.125%, 11/25/2060(A)(B) | 165 | 157 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, Ser 2018-H3, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.120%, 07/15/2051 | 175 | 174 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, Ser 2019-H6, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.228%, 06/15/2052 | 22 | 22 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I, Ser 2017-HR2, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.509%, 12/15/2050 | 232 | 229 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2017-3A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/25/2057(A)(B) | 101 | 97 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2017-6A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 08/27/2057(A)(B) | 246 | 238 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2018-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.794%, 09/25/2057(A)(B) | $106 | $100 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2019-NQM4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.492%, 09/25/2059(A)(B) | 41 | 39 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2020-NQM1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.464%, 01/26/2060(A)(B) | 209 | 197 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2020-NQM2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 05/24/2060(A)(B) | 49 | 47 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2021-NQ2R, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.941%, 10/25/2058(A)(B) | 74 | 70 |
| &nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust, Ser 2021-NQM3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.156%, 11/27/2056(A)(B) | 503 | 434 |
| &nbsp;&nbsp;&nbsp; NYC Commercial Mortgage Trust, Ser 2025-3BP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.542%, TSFR1M + 1.213%, 02/15/2042(A)(B) | 1805 | 1800 |
| &nbsp;&nbsp;&nbsp; OBX Trust, Ser 2018-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.089%, TSFR1M + 0.764%, 06/25/2057(A)(B) | 16 | 16 |
| &nbsp;&nbsp;&nbsp; Paragon Mortgages, Ser 2006-12A, Cl A2C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.840%, SOFRRATE + 0.482%, 11/15/2038(A)(B) | 42 | 42 |
| &nbsp;&nbsp;&nbsp; Residential Mortgage Loan Trust, Ser 2020-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.376%, 01/26/2060(A)(B) | 9 | 9 |
| &nbsp;&nbsp;&nbsp; Sequoia Mortgage Trust, Ser 2018-CH3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 08/25/2048(A)(B) | 4 | 4 |
| &nbsp;&nbsp;&nbsp; SREIT Trust, Ser 2021-MFP, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.523%, TSFR1M + 1.194%, 11/15/2038(A)(B) | 755 | 753 |
| &nbsp;&nbsp;&nbsp; SREIT Trust, Ser 2021-MFP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.174%, TSFR1M + 0.845%, 11/15/2038(A)(B) | 151 | 151 |
| &nbsp;&nbsp;&nbsp; STAR Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.219%, 05/25/2065(A)(B) | 192 | 179 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2020-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.275%, 02/25/2050(A)(B) | 15 | 14 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2020-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.486%, 04/25/2065(A)(B) | 34 | 32 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.943%, 05/25/2065(A)(B) | 93 | 87 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust, Ser 2021-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.127%, 06/25/2056(A)(B) | 404 | 340 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Toorak Trust, Ser 2021-INV1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.153%, 07/25/2056(A)(B) | $263 | $233 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2017-6, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 10/25/2057(A)(B) | 40 | 39 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2018-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 03/25/2058(A)(B) | 131 | 129 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2018-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 05/25/2058(A)(B) | 77 | 75 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2018-5, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 07/25/2058(A)(B) | 289 | 285 |
| &nbsp;&nbsp;&nbsp; TTAN, Ser 2021-MHC, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.544%, TSFR1M + 1.214%, 03/15/2038(A)(B) | 538 | 538 |
| &nbsp;&nbsp;&nbsp; UBS Commercial Mortgage Trust, Ser 2017-C3, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.215%, 08/15/2050 | 109 | 108 |
| &nbsp;&nbsp;&nbsp; UBS Commercial Mortgage Trust, Ser 2017-C4, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.366%, 10/15/2050 | 361 | 356 |
| &nbsp;&nbsp;&nbsp; UBS Commercial Mortgage Trust, Ser 2017-C6, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.504%, 12/15/2050 | 108 | 106 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2020-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.417%, 01/25/2060(A)(C) | 14 | 13 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2020-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.502%, 05/25/2065(A)(C) | 58 | 57 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.815%, 01/25/2066(A)(B) | 166 | 147 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.052%, 01/25/2066(A)(B) | 217 | 191 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.031%, 02/25/2066(A)(B) | 230 | 203 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-R2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.918%, 02/25/2064(A)(B) | 338 | 311 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2021-R3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.020%, 04/25/2064(A)(B) | 186 | 176 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2006-AR2, Cl 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.588%, 03/25/2036(B) |  |  |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser 2016-BNK1, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.514%, 08/15/2049 | 85 | 85 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser 2016-C34, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.911%, 06/15/2049 | 75 | 74 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser 2017-C39, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.212%, 09/15/2050 | 193 | 190 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Ultra Short Duration Bond Fund** (Concluded)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser 2017-C41, Cl ASB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.390%, 11/15/2050 | $| 65 | $| 65 |
|  |  |  |  | 44008 |
|  Total Mortgage-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $63,859) ($ Thousands) |  |  |  | 62371 |
| **U.S. TREASURY OBLIGATIONS — 9.4%** | **U.S. TREASURY OBLIGATIONS — 9.4%** | **U.S. TREASURY OBLIGATIONS — 9.4%** | **U.S. TREASURY OBLIGATIONS — 9.4%** | **U.S. TREASURY OBLIGATIONS — 9.4%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.263%, 07/15/2025 (D) |  | 4625 |  | 4602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.263%, 07/22/2025 (D) |  | 4575 |  | 4548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.245%, 12/26/2025 (D) |  | 2675 |  | 2612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.223%, 02/19/2026 (D) |  | 2325 |  | 2257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 05/14/2026 (E) |  | 7100 |  | 6831 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 12/31/2026  |  | 9330 |  | 8942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.750%, 08/31/2026  |  | 7655 |  | 7349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.500%, 02/28/2026  |  | 1500 |  | 1459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.375%, 11/30/2025  |  | 4500 |  | 4413 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $42,980) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $42,980) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $42,980) ($ Thousands) |  | 43013 |
| **MUNICIPAL BONDS — 1.6%** | **MUNICIPAL BONDS — 1.6%** | **MUNICIPAL BONDS — 1.6%** | **MUNICIPAL BONDS — 1.6%** | **MUNICIPAL BONDS — 1.6%** |
| **Florida — 0.2%** | **Florida — 0.2%** | **Florida — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Miami-Dade County, Aviation Revenue, Ser B, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.949%, 10/01/2025  |  | 830 |  | 825 |
| **New Jersey — 0.3%** | **New Jersey — 0.3%** | **New Jersey — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, Ser BB, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.608%, 06/15/2026  |  | 1280 |  | 1283 |
| **New York — 0.9%** | **New York — 0.9%** | **New York — 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp; City of New York New York, Ser D-2, GO  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.267%, 10/01/2026  |  | 700 |  | 699 |
| &nbsp;&nbsp;&nbsp; City of New York New York, Ser H, GO  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.542%, 02/01/2027  |  | 480 |  | 482 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.724%, 11/01/2026  |  | 2205 |  | 2218 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority, Sub-Ser, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.507%, 11/01/2026  |  | 875 |  | 877 |
|  |  |  |  | 4276 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** |
| **Pennsylvania — 0.2%** | **Pennsylvania — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority, RB, AG  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.961%, 11/01/2025  | $440 | $| 441 |
| &nbsp;&nbsp;&nbsp; Redevelopment Authority of the City of Philadelphia, Ser A, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.503%, 09/01/2026  | 415 |  | 416 |
|  |  |  | 857 |
|  Total Municipal Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $7,220) ($ Thousands) |  |  | 7241 |
| **COMMERCIAL PAPER — 0.7%** | **COMMERCIAL PAPER — 0.7%** | **COMMERCIAL PAPER — 0.7%** | **COMMERCIAL PAPER — 0.7%** |
| &nbsp;&nbsp;&nbsp; ANZ Group Holdings LTD |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 08/27/2025 (E) | 1500 |  | 1500 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Credit Corp |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.180%, 07/28/2025  | 1675 |  | 1663 |
|  Total Commercial Paper | Total Commercial Paper |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $3,163) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $3,163) ($ Thousands) |  | 3163 |
| **U.S. GOVERNMENT AGENCY OBLIGATION — 0.3%** | **U.S. GOVERNMENT AGENCY OBLIGATION — 0.3%** | **U.S. GOVERNMENT AGENCY OBLIGATION — 0.3%** | **U.S. GOVERNMENT AGENCY OBLIGATION — 0.3%** |
| &nbsp;&nbsp;&nbsp; FHLMC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 08/28/2025 | 1140 |  | 1139 |
|  Total U.S. Government Agency Obligation |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,140) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $1,140) ($ Thousands) |  | 1139 |
|  | <br> Shares |  |  |
| **CASH EQUIVALENT — 0.7%** | **CASH EQUIVALENT — 0.7%** | **CASH EQUIVALENT — 0.7%** | **CASH EQUIVALENT — 0.7%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 3102273 |  | 3102 |
|  Total Cash Equivalent |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $3,102) ($ Thousands) |  |  | 3102 |
|  | Face Amount <br> (Thousands) |  |  |
| **REPURCHASE AGREEMENTS(F) — 6.5%** | **REPURCHASE AGREEMENTS(F) — 6.5%** | **REPURCHASE AGREEMENTS(F) — 6.5%** | **REPURCHASE AGREEMENTS(F) — 6.5%** |
| &nbsp;&nbsp;&nbsp; Barclays |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.340%, dated 05/30/2025 to be repurchased on 06/02/2025, repurchase price $14,705,317 (collateralized by a U.S. Government Agency, par value $14,390,400, 4.500%, 05/31/2029, with a total market value of $14,994,025)  | $14700 |  | 14700 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **REPURCHASE AGREEMENTS(F) (continued)** | **REPURCHASE AGREEMENTS(F) (continued)** | **REPURCHASE AGREEMENTS(F) (continued)** |
| &nbsp;&nbsp;&nbsp; BNP Paribas |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.340%, dated 05/30/2025 to be repurchased on 06/02/2025, repurchase price $14,805,353 (collateralized by various U.S. Government Agencies, par value ranging $100 - $4,672,339, 0.625% - 7.404%, 06/01/2026 - 06/01/2055, with a total market value of $15,096,000)  | $14800 | $14800 |
|  Total Repurchase Agreements |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $29,500) ($ Thousands) |  | 29500 |
| Total Investments in Securities — 100.6% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $458,909) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $458,909) ($ Thousands)  | $458157 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $455,543 ($ Thousands). |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (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 May 31, 2025, the value of these securities amounted to $175,783 ($ Thousands), representing 38.6% of the Net Assets of the Fund. |
| (B) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (C) | Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
| (D) | Interest rate represents the security's effective yield at the time of purchase. |
| (E) | Zero coupon security.  |
| (F) | Tri-Party Repurchase Agreement. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Corporate Obligations |  | 165088 |  | 165088 |
| &nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 143540 |  | 143540 |
| &nbsp;&nbsp;&nbsp; Mortgage-Backed Securities |  | 62371 |  | 62371 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations |  | 43013 |  | 43013 |
| &nbsp;&nbsp;&nbsp; Municipal Bonds |  | 7241 |  | 7241 |
| &nbsp;&nbsp;&nbsp; Commercial Paper |  | 3163 |  | 3163 |
| &nbsp;&nbsp;&nbsp; U.S. Government Agency Obligation |  | 1139 |  | 1139 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 3102 |  |  | 3102 |
| &nbsp;&nbsp;&nbsp; Repurchase Agreements | – | 29500 |  | 29500 |
|  Total Investments in Securities | 3102 | 455055 |  | 458157 |

---

For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $1887 | $231531 | $(230316) | $— | $— | $3102 | $173 | $— |

---

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

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS — 92.0%** | **GLOBAL BONDS — 92.0%** | **GLOBAL BONDS — 92.0%** |
| **Angola — 0.4%** | **Angola — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Angola Via Avenir Issuer II Ireland DAC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.927%, 02/19/2027 | $1760 | $1650 |
| &nbsp;&nbsp;&nbsp; Angolan Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.375%, 05/08/2048 | 2753 | 2016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 04/14/2032 | 2640 | 2164 |
| &nbsp;&nbsp;&nbsp; Angolan Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/26/2029 | 1730 | 1476 |
|  |  | 7306 |
| **Argentina — 2.0%** | **Argentina — 2.0%** |  |
| &nbsp;&nbsp;&nbsp; Argentine Republic Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 01/09/2038(A) | 730 | 570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 07/09/2027(A) | $6880 | 4496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 07/09/2027(A) | 12092 | 8120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 07/09/2027(A) | 4400 | 3224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 07/09/2025(A) | 801 | 574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 07/09/2041(A) | $3807 | 2364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.000%, 07/09/2029 | 1269 | 1045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.750%, 07/09/2027(A) | 8173 | 6399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.500%, 07/09/2029 | 12 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.125%, 07/09/2030 | 1568 | 1368 |
| &nbsp;&nbsp;&nbsp; Provincia de Buenos Aires MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 09/01/2037(A) | $4745 | 3440 |
| &nbsp;&nbsp;&nbsp; Republic of Argentina  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29.500%, 05/30/2030 | 1750000 | 1574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000% 12/15/2035 (B)(C) | 2258 | 224 |
|  |  | 33409 |
| **Armenia — 0.2%** | **Armenia — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Armenia International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 02/02/2031 | $1942 | 1649 |
| &nbsp;&nbsp;&nbsp; Republic of Armenia International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/12/2035 | 1000 | 952 |
|  |  | 2601 |
| **Azerbaijan — 0.1%** | **Azerbaijan — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Republic of Azerbaijan International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/01/2032 | 2415 | 2114 |
| **Bahamas — 0.9%** | **Bahamas — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Bahamas Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 06/16/2029 | 1500 | 1558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.950%, 10/15/2032 | 8458 | 8783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 11/21/2028 | 4761 | 4613 |
|  |  | 14954 |
| **Bahrain — 1.2%** | **Bahrain — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Bahrain Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 10/12/2028 | 2597 | 2650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 09/20/2029 | 3452 | 3502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 09/19/2044 | 1910 | 1553 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; Bahrain Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 01/25/2051 | $8150 | $6634 |
| &nbsp;&nbsp;&nbsp; CBB International Sukuk Programme WLL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 07/07/2033(D) | 802 | 796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 09/16/2027 | 4864 | 4664 |
|  |  | 19799 |
| **Barbados — 0.1%** | **Barbados — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Barbados Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/01/2029 | 1080 | 1028 |
| **Benin — 0.1%** | **Benin — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Benin Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 01/23/2041(D) | 602 | 558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 01/19/2052 | 615 | 560 |
|  |  | 1118 |
| **Bermuda — 0.1%** | **Bermuda — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Bermuda Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2029 | $1374 | 1362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 08/20/2030 | 306 | 266 |
|  |  | 1628 |
| **Bolivia — 0.1%** | **Bolivia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Bolivian Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/20/2028 | 1783 | 1195 |
| **Brazil — 3.9%** | **Brazil — 3.9%** |  |
| &nbsp;&nbsp;&nbsp; Braskem Netherlands Finance BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 01/12/2031 | 320 | 307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 10/15/2034 | 300 | 268 |
| &nbsp;&nbsp;&nbsp; Brazil Notas do Tesouro Nacional, Ser B  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/15/2045 | 2124 | 1484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 08/15/2050 | 5848 | 4066 |
| &nbsp;&nbsp;&nbsp; Brazil Notas do Tesouro Nacional, Ser F  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 01/01/2027 | 34162 | 5637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 01/01/2029 | 66243 | 10437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 01/01/2031 | 58290 | 8735 |
| &nbsp;&nbsp;&nbsp; Brazil Notas do Tesouro Nacional Serie B  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/15/2035 | 5890 | 4252 |
| &nbsp;&nbsp;&nbsp; Brazil Notas do Tesouro Nacional Serie F  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 01/01/2033 | 56081 | 8119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 01/01/2035 | 27685 | 3878 |
| &nbsp;&nbsp;&nbsp; Brazilian Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 03/15/2035 | $11504 | 11445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/14/2050 | 1818 | 1243 |
| &nbsp;&nbsp;&nbsp; MC Brazil Downstream Trading SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 06/30/2031(D) | 1236 | 967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 06/30/2031 | 387 | 303 |
| &nbsp;&nbsp;&nbsp; MV24 Capital BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.748%, 06/01/2034 | 1968 | 1888 |
| &nbsp;&nbsp;&nbsp; Oceanica Lux  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.000%, 10/02/2029(D) | 483 | 434 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; Yinson Boronia Production BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.947%, 07/31/2042 | $1586 | $1651 |
|  |  | 65114 |
| **Bulgaria — 0.0%** | **Bulgaria — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Eastern European Electric BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 05/15/2030(D) | 500 | 578 |
| **Cameroon — 0.2%** | **Cameroon — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Cameroon International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 07/07/2032 | 3573 | 3148 |
| &nbsp;&nbsp;&nbsp; Republic of Cameroon International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 07/31/2031 | $331 | 304 |
|  |  | 3452 |
| **Canada — 0.0%** | **Canada — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Polaris Renewable Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 12/03/2029 | 500 | 512 |
| **Cayman Islands — 0.1%** | **Cayman Islands — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Neon Capital MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.998%, 01/06/2028(B) | 171539 | 1147 |
| **Chile — 1.5%** | **Chile — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Bonos de la Tesoreria de la Republica en pesos (D) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 04/01/2033 | 1050000 | 1127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/01/2028 | 1800000 | 1888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 09/01/2030 | 1450000 | 1478 |
| &nbsp;&nbsp;&nbsp; Chile Electricity Lux Mpc II Sarl  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.580%, 10/20/2035 | $684 | 680 |
| &nbsp;&nbsp;&nbsp; Chile Electricity Lux MPC Sarl  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.010%, 01/20/2033 | 1070 | 1097 |
| &nbsp;&nbsp;&nbsp; Chile Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 01/05/2036 | 6221 | 6010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 05/07/2041 | 1697 | 1233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 01/27/2032 | 924 | 799 |
| &nbsp;&nbsp;&nbsp; Empresa de los Ferrocarriles del Estado  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.830%, 09/14/2061 | 500 | 311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.068%, 08/18/2050 | 300 | 173 |
| &nbsp;&nbsp;&nbsp; Empresa Nacional del Petroleo  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 05/10/2033 | 2318 | 2347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 07/30/2034 | 395 | 396 |
| &nbsp;&nbsp;&nbsp; Nacional del Cobre de Chile  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.780%, 01/13/2055(D) | 1755 | 1730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.780%, 01/13/2055 | 3598 | 3546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 01/08/2034 | 1439 | 1440 |
|  |  | 24255 |
| **China — 0.4%** | **China — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; China Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 11/20/2027(D) | 5035 | 5095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 11/20/2027 | 539 | 544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 10/26/2026 | 846 | 816 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.550%, 10/21/2025 | $728 | $718 |
|  |  | 7173 |
| **Colombia — 4.9%** | **Colombia — 4.9%** |  |
| &nbsp;&nbsp;&nbsp; AL Candelaria - SPAIN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/15/2033 | 1480 | 1240 |
| &nbsp;&nbsp;&nbsp; Colombia Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.850%, 06/28/2027 | 7914000 | 1869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.850%, 06/28/2027 | 994000 | 235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 04/25/2035 | $8505 | 8785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 02/26/2044 | 4555 | 3306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 05/15/2049 | 900 | 590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/15/2045 | 8628 | 5701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 02/22/2042 | 4808 | 2993 |
| &nbsp;&nbsp;&nbsp; Colombian TES  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.250%, 02/09/2033 | 15503700 | 3935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.500%, 07/25/2046 | 33671200 | 7272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 05/28/2042 | 25537900 | 4689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 09/18/2030 | 14954300 | 3099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 10/18/2034 | 56789100 | 9924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 10/26/2050 | 25983900 | 3659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 03/26/2031 | 28541700 | 5541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 06/30/2032 | 5838200 | 1083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 07/09/2036 | 25025400 | 3834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 04/28/2028 | 39562200 | 8562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 11/03/2027 | 14326200 | 3160 |
| &nbsp;&nbsp;&nbsp; Ecopetrol  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 01/19/2036 | $400 | 381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 05/28/2045 | 1610 | 1084 |
| &nbsp;&nbsp;&nbsp; EnfraGen Energia Sur  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 12/30/2030 | 840 | 728 |
| &nbsp;&nbsp;&nbsp; PA Autopista Rio Magalena  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 06/15/2036 | 3448381 | 688 |
|  |  | 82358 |
| **Costa Rica — 0.4%** | **Costa Rica — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Costa Rica Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.158%, 03/12/2045 | $4250 | 4351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, 04/03/2034 | 3051 | 3139 |
|  |  | 7490 |
| **Côte d'Ivoire — 0.4%** | **Côte d'Ivoire — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Côte d'Ivoire Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 01/30/2037 | 795 | 753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 01/30/2037(D) | 754 | 711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.075%, 04/01/2036(D) | 2060 | 1945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 03/22/2048 | 4041 | 3470 |
|  |  | 6879 |
| **Czechia — 0.4%** | **Czechia — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Czechia Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 07/23/2029 | 29610 | 1306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.950%, 07/30/2037 | 7800 | 276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 04/24/2040 | 8730 | 270 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.200%, 03/13/2031 | 74590 | $2960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.950%, 05/15/2030 | 39870 | 1597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.050%, 11/29/2029 | 15750 | 612 |
|  |  | 7021 |
| **Dominican Republic — 2.2%** | **Dominican Republic — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; Dominican Republic Central Bank Notes  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.000%, 12/05/2025(D) | 371950 | 6272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.000%, 12/05/2025 | 524980 | 8849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 12/11/2026 | 15250 | 243 |
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.250%, 09/15/2035 | 8000 | 139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.750%, 06/01/2036 | 55600 | 936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.050%, 02/03/2031 | $5266 | 5459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.950%, 03/15/2037 | 6208 | 6227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 01/30/2060 | 969 | 795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 01/21/2041 | 8750 | 7363 |
|  |  | 36283 |
| **Ecuador — 1.1%** | **Ecuador — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Ecuador Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15.410%, 07/31/2030(E) | 2474 | 1550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.900%, 07/31/2030(A) | 5895 | 4565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/31/2025(A) | 16600 | 10334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/31/2026(A) | 3007 | 1606 |
|  |  | 18055 |
| **Egypt — 2.5%** | **Egypt — 2.5%** |  |
| &nbsp;&nbsp;&nbsp; Egypt Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25.318%, 08/13/2027 | 444299 | 9213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24.458%, 10/01/2027 | 24600 | 505 |
| &nbsp;&nbsp;&nbsp; Egypt Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 05/29/2050 | $3055 | 2417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.700%, 03/01/2049 | 7054 | 5478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 02/04/2030(D) | 3361 | 3331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 02/04/2030 | 200 | 199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 01/31/2047 | 13442 | 10348 |
| &nbsp;&nbsp;&nbsp; Egypt Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 04/11/2031 | 1180 | 1204 |
| &nbsp;&nbsp;&nbsp; Egypt Treasury Bills  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28.379%, 06/17/2025(E) | 66825 | 1327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26.620%, 08/05/2025(E) | 181750 | 3473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26.434%, 07/08/2025(E) | 22700 | 442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26.235%, 07/15/2025(E) | 40800 | 791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26.165%, 10/28/2025(E) | 102300 | 1850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23.992%, 04/28/2026(E) | 111800 | 1830 |
|  |  | 42408 |
| **El Salvador — 0.4%** | **El Salvador — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; El Salvador Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.650%, 11/21/2054 | $3209 | 3189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 02/01/2041 | 150 | 135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 01/20/2050 | 3350 | 2717 |
|  |  | 6041 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| **Ethiopia — 0.1%** | **Ethiopia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Ethiopia International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 12/11/2024(F) | $2656 | $2364 |
| **Gabon — 0.2%** | **Gabon — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Gabon Blue Bond Master Trust Series 2  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.097%, 08/01/2038 | 300 | 299 |
| &nbsp;&nbsp;&nbsp; Gabon Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 11/24/2031 | 3553 | 2658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 11/24/2031(D) | 293 | 219 |
|  |  | 3176 |
| **Georgia — 0.1%** | **Georgia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Georgia Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 04/22/2026 | 2240 | 2157 |
| **Ghana — 0.9%** | **Ghana — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Ghana Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.029%, 01/03/2030(E) | 317 | 257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/03/2028(A)(D) | 300 | 274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/03/2028(A) | 6992 | 5157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/03/2028(A) | 5625 | 5119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.780%, 07/03/2026(E) | 3565 | 3449 |
|  |  | 14256 |
| **Guatemala — 0.7%** | **Guatemala — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Guatemala Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.600%, 06/13/2036(D) | 1405 | 1407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.600%, 06/13/2036 | 5294 | 5301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 06/01/2050 | 3282 | 2896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/03/2026 | 1522 | 1505 |
|  |  | 11109 |
| **Honduras — 0.1%** | **Honduras — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Honduras Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 11/27/2034 | 746 | 757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 06/24/2030 | 736 | 680 |
|  |  | 1437 |
| **Hungary — 1.3%** | **Hungary — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Hungary Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 10/22/2031 | 389450 | 909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 10/27/2038 | 705290 | 1292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 04/25/2041 | 883820 | 1519 |
| &nbsp;&nbsp;&nbsp; Hungary Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 05/22/2028(D) | $1228 | 1265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 05/22/2028 | 4814 | 4958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/26/2036(D) | 1642 | 1554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/26/2036 | 7944 | 7519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 09/21/2051 | 5383 | 3149 |
|  |  | 22165 |
| **India — 0.9%** | **India — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Adani Green Energy UP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 03/12/2042 | 3426 | 3058 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; Adani Renewable Energy RJ MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 10/15/2039 | $1086 | $866 |
| &nbsp;&nbsp;&nbsp; Export-Import Bank of India MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 01/15/2030 | 545 | 508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 01/13/2031 | 3104 | 2693 |
| &nbsp;&nbsp;&nbsp; India Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.300%, 06/19/2053 | 600010 | 7443 |
|  |  | 14568 |
| **Indonesia — 7.3%** | **Indonesia — 7.3%** |  |
| &nbsp;&nbsp;&nbsp; Indonesia Asahan Aluminium  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/15/2050 | $1183 | 1082 |
| &nbsp;&nbsp;&nbsp; Indonesia Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 01/11/2053 | 5388 | 5232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 01/11/2033 | 300 | 296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 09/20/2032 | 2109 | 2068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 01/11/2028 | 2192 | 2203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 03/10/2029 | 977 | 975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 03/31/2032 | 6469 | 5953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 02/14/2030 | 3500 | 3238 |
| &nbsp;&nbsp;&nbsp; Indonesia Treasury Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 03/15/2029 | 34386000 | 2289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 05/15/2031 | 16958000 | 1147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375% 03/15/2034  | 16389000 | 1105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 04/15/2039 | 56036000 | 3846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 05/15/2029 | 47387000 | 3091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 05/15/2036 | 82941000 | 5598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 08/15/2032 | 25757000 | 1649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 06/15/2035 | 5000000 | 320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 05/15/2038 | 9569000 | 611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 04/15/2040 | 31245000 | 1997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 06/15/2038 | 138479000 | 8605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 08/15/2040 | 41088000 | 2540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 06/15/2042 | 6817000 | 422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 06/15/2043 | 69091000 | 4266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 08/15/2045 | 30157000 | 1863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000% 05/15/2027  | 6540000 | 407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 09/15/2030 | 78850000 | 4943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 02/15/2033 | 81212000 | 5055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 04/15/2029 | 186892000 | 11645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 08/15/2051 | 35626000 | 2156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 07/15/2035 | 299480000 | 18269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 02/15/2034 | 77756000 | 4728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 07/15/2030 | 91000000 | 5592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 02/15/2031 | 40160000 | 2458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 08/15/2028 | 52000000 | 3197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 04/15/2032 | 6500000 | 393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 07/15/2037 | 2200000 | 129 |
| &nbsp;&nbsp;&nbsp; LLPL Capital Pte  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 02/04/2039 | $145 | 144 |
| &nbsp;&nbsp;&nbsp; Minejesa Capital BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 08/10/2037 | 798 | 742 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; Pertamina Hulu Energi  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/21/2030(D) | $| 2852 | $2858 |
|  |  |  | 123112 |
| **Iraq — 0.7%** | **Iraq — 0.7%** | **Iraq — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Iraq Government International Bond  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2028 |  | 6269 | 6159 |
| &nbsp;&nbsp;&nbsp; Iraq International Bond  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2028 |  | 6005 | 5899 |
|  |  |  | 12058 |
| **Israel — 0.3%** | **Israel — 0.3%** | **Israel — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Israel Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.100%, 12/15/2096 |  | 2000 | 2606 |
| &nbsp;&nbsp;&nbsp; Israel Government International Bond  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/12/2054 |  | 486 | 431 |
| &nbsp;&nbsp;&nbsp; Leviathan Bond  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 06/30/2030(D) |  | 370 | 363 |
| &nbsp;&nbsp;&nbsp; State of Israel  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 05/13/2060 |  | 2590 | 1608 |
|  |  |  | 5008 |
| **Jamaica — 0.1%** | **Jamaica — 0.1%** | **Jamaica — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Kingston Airport Revenue Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 12/15/2036(D) |  | 1344 | 1330 |
| &nbsp;&nbsp;&nbsp; TransJamican Highway  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 10/10/2036 |  | 738 | 683 |
|  |  |  | 2013 |
| **Jordan — 0.5%** | **Jordan — 0.5%** | **Jordan — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Jordan Government International Bond  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 01/13/2029(D) |  | 1954 | 1974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 01/13/2029 |  | 1230 | 1241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 10/10/2047 |  | 5112 | 4400 |
|  |  |  | 7615 |
| **Kazakhstan — 0.3%** | **Kazakhstan — 0.3%** | **Kazakhstan — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Baiterek National Managing Holding JSC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 05/08/2028(D) |  | 1251 | 1251 |
| &nbsp;&nbsp;&nbsp; Development Bank of Kazakhstan JSC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 04/07/2030(D) |  | 878 | 872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/23/2029(D) |  | 748 | 741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/23/2029 |  | 671 | 664 |
| &nbsp;&nbsp;&nbsp; KazMunayGas National JSC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 10/24/2048 |  | 1968 | 1749 |
|  |  |  | 5277 |
| **Kenya — 0.5%** | **Kenya — 0.5%** | **Kenya — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Republic of Kenya Government International Bond  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 03/05/2036(D) |  | 1566 | 1429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 03/05/2036 |  | 3185 | 2905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 02/28/2048 |  | 5044 | 3974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 05/22/2027 |  | 733 | 733 |
|  |  |  | 9041 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| **Kyrgyzstan — 0.0%** | **Kyrgyzstan — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Kyrgyz Republic International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 06/03/2030(D) | $710 | $697 |
| **Latvia — 0.1%** | **Latvia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Latvia Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 07/30/2034 | 950 | 934 |
| **Lebanon — 0.3%** | **Lebanon — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Lebanon Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 05/17/2034(F) | 8218 | 1423 |
| &nbsp;&nbsp;&nbsp; Lebanon Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 04/12/2021(F) | 10560 | 1822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 05/26/2023(F) | 2645 | 457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 12/31/2023(F) | 3638 | 627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 05/27/2022(F) | 409 | 71 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/14/2023(F) | 6282 | 1084 |
|  |  | 5484 |
| **Malaysia — 5.9%** | **Malaysia — 5.9%** |  |
| &nbsp;&nbsp;&nbsp; Khazanah Global Sukuk MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.687%, 06/01/2028 | 574 | 574 |
| &nbsp;&nbsp;&nbsp; Malaysia Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.248% 09/15/2028  | 1204 | 301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.893%, 06/08/2038 | 41419 | 10932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.696%, 10/15/2042 | 4491 | 1172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.642%, 11/07/2033 | 26323 | 6681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.504%, 04/30/2029 | 1300 | 320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.498% 04/15/2030  | 12700 | 3145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.457%, 03/31/2053 | 3389 | 851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.065%, 06/15/2050 | 15006 | 3561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.054%, 04/18/2039 | 4623 | 1126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.955% 09/15/2025  | 77952 | 18371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.906%, 07/15/2026 | 12507 | 2970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900% 11/30/2026  | 5372 | 1279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.899%, 11/16/2027 | 2065 | 494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.885%, 08/15/2029 | 16004 | 3847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.828%, 07/05/2034 | 29623 | 7108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.757%, 05/22/2040 | 18217 | 4291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.733%, 06/15/2028 | 17885 | 4267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.582%, 07/15/2032 | 27792 | 6597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.502% 05/31/2027  | 15182 | 3599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.632%, 04/15/2031 | 28669 | 6474 |
| &nbsp;&nbsp;&nbsp; Malaysia Government Investment Issue  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.369%, 10/31/2028 | 2000 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.119%, 11/30/2034 | 5418 | 1332 |
| &nbsp;&nbsp;&nbsp; Petronas Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.848%, 04/03/2055(D) | $3371 | 3339 |
| &nbsp;&nbsp;&nbsp; Petronas Capital MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 04/21/2030 | 717 | 680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.404%, 04/28/2061 | 5664 | 3557 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.480%, 01/28/2032 | $2714 | $2325 |
|  |  | 99680 |
| **Mexico — 8.2%** | **Mexico — 8.2%** |  |
| &nbsp;&nbsp;&nbsp; Braskem Idesa SAPI  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.990%, 02/20/2032 | 1850 | 1360 |
| &nbsp;&nbsp;&nbsp; Mexican Bonos  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 03/02/2028 | 285000 | 14706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 03/01/2029 | 244981 | 12565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500% 05/31/2029  | 180000 | 9211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 02/28/2030 | 230000 | 11698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500% 11/18/2038  | 113344 | 5298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 05/24/2035 | 16500 | 781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/07/2047 | 139941 | 5893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 07/31/2053 | 85843 | 3568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750% 05/29/2031  | 163052 | 7946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750% 11/23/2034  | 105645 | 4902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750% 11/13/2042  | 121700 | 5102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500% 06/03/2027  | 80825 | 4115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 05/26/2033 | 97370 | 4536 |
| &nbsp;&nbsp;&nbsp; Mexico Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 05/13/2055 | $6500 | 6426 |
| &nbsp;&nbsp;&nbsp; Mexico Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 10/12/2110 | 360 | 273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 03/19/2114 | 10100 | 9317 |
| &nbsp;&nbsp;&nbsp; Petroleos Mexicanos  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.690%, 01/23/2050 | $19110 | 14051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 06/15/2035 | 3364 | 2693 |
| &nbsp;&nbsp;&nbsp; Petroleos Mexicanos MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 09/21/2047 | 16136 | 10909 |
| &nbsp;&nbsp;&nbsp; Poinsettia Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 06/17/2031 | 2082 | 1898 |
|  |  | 137248 |
| **Mongolia — 0.1%** | **Mongolia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Development Bank of Mongolia LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 03/07/2026 | 1200 | 1218 |
| &nbsp;&nbsp;&nbsp; Mongolia Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.650%, 01/19/2028 | 368 | 383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 02/25/2030(D) | 317 | 308 |
|  |  | 1909 |
| **Montenegro — 0.0%** | **Montenegro — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Montenegro Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 03/12/2031 | 300 | 307 |
| **Morocco — 0.2%** | **Morocco — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Morocco Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 12/15/2050 | 1000 | 657 |
| &nbsp;&nbsp;&nbsp; OCP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 05/02/2054(D) | 2239 | 2189 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 05/02/2054 | $746 | $729 |
|  |  | 3575 |
| **Mozambique — 0.1%** | **Mozambique — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Mozambique International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 09/15/2031(A) | 1601 | 1304 |
| **Nigeria — 1.8%** | **Nigeria — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; Nigeria Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.375%, 12/09/2034(D) | 996 | 996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.375%, 12/09/2034 | 643 | 643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 06/09/2031(D) | 2167 | 2161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 06/09/2031 | 2015 | 2010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 11/21/2025 | 4091 | 4104 |
| &nbsp;&nbsp;&nbsp; Nigeria Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 09/28/2051 | 3800 | 2964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 09/28/2033 | 1104 | 939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 09/28/2028 | 1913 | 1779 |
| &nbsp;&nbsp;&nbsp; Nigeria OMO Bill  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29.384%, 09/30/2025(E) | 4236924 | 2449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27.273%, 01/06/2026(E) | 1520202 | 829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26.727%, 12/02/2025(E) | 4531685 | 2524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26.681%, 12/09/2025(E) | 4900000 | 2705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24.810%, 02/23/2026(E) | 3200000 | 1677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24.464%, 02/24/2026(E) | 3102017 | 1657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23.669%, 03/31/2026(E) | 3250000 | 1703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21.915%, 02/10/2026(E) | 538400 | 290 |
| &nbsp;&nbsp;&nbsp; SEPLAT Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.125%, 03/21/2030(D) | $1055 | 999 |
|  |  | 30429 |
| **North Macedonia — 0.5%** | **North Macedonia — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; North Macedonia Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.960%, 03/13/2027 | 467 | 555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.675%, 06/03/2026 | 4815 | 5464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.625%, 03/10/2028 | 2000 | 2111 |
|  |  | 8130 |
| **Oman — 1.1%** | **Oman — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; EDO Sukuk  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.662%, 07/03/2031(D) | $1436 | 1445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.662%, 07/03/2031 | 835 | 840 |
| &nbsp;&nbsp;&nbsp; Mazoon Assets SAOC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/09/2031(D) | 1101 | 1086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/09/2031 | 365 | 360 |
| &nbsp;&nbsp;&nbsp; Oman Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 01/25/2051 | 2002 | 2060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/28/2027 | 4758 | 4938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 01/17/2048 | 7797 | 7817 |
|  |  | 18546 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| **Pakistan — 0.3%** | **Pakistan — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Pakistan Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 12/05/2027 | $2936 | $2724 |
| &nbsp;&nbsp;&nbsp; Pakistan Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 04/08/2051 | 2400 | 1880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 04/08/2031 | 300 | 255 |
|  |  | 4859 |
| **Panama — 0.9%** | **Panama — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; Panama Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 04/28/2034 | 699 | 741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 03/01/2038 | 2417 | 2499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/16/2050 | 13744 | 8715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/2056 | 5903 | 3599 |
|  |  | 15554 |
| **Paraguay — 0.2%** | **Paraguay — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Paraguay Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.650%, 03/04/2055(D) | 2098 | 2041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 04/28/2031 | 1009 | 989 |
|  |  | 3030 |
| **Peru — 3.1%** | **Peru — 3.1%** |  |
| &nbsp;&nbsp;&nbsp; Credicorp Capital Sociedad Titulizadora  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.100%, 12/15/2043(D) | 500 | 148 |
| &nbsp;&nbsp;&nbsp; Peru Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.600%, 08/12/2039(D) | 15661 | 4436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.300%, 08/12/2033(D) | 14470 | 4266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.950%, 08/12/2031 | 11515 | 3438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.900%, 08/12/2037 | 4442 | 1207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 08/12/2032 | 2000 | 561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 08/12/2034 | 55357 | 14070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 08/12/2040 | 4042 | 918 |
| &nbsp;&nbsp;&nbsp; Peru LNG Srl  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 03/22/2030 | $1667 | 1544 |
| &nbsp;&nbsp;&nbsp; Peruvian Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.850%, 02/12/2042 | 882 | 237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.940%, 02/12/2029 | 9751 | 2833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 08/08/2054 | $3626 | 3419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 08/12/2034 | 1738 | 444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/08/2035 | $2395 | 2354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 01/15/2072 | 1000 | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.783%, 01/23/2031 | 2763 | 2433 |
| &nbsp;&nbsp;&nbsp; Petroleos del Peru  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 06/19/2047 | 14536 | 8816 |
|  |  | 51725 |
| **Philippines — 1.1%** | **Philippines — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Philippine Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 01/25/2034 | 240000 | 4288 |
| &nbsp;&nbsp;&nbsp; Philippine Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.170%, 10/13/2027 | $3765 | 3830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 07/06/2046 | 1300 | 895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 05/05/2045 | 400 | 269 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 12/10/2045 | $5546 | $3500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.950%, 01/06/2032 | 7484 | 6295 |
|  |  | 19077 |
| **Poland — 3.4%** | **Poland — 3.4%** |  |
| &nbsp;&nbsp;&nbsp; ORLEN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/30/2035(D) | 643 | 650 |
| &nbsp;&nbsp;&nbsp; Republic of Poland Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 07/25/2028 | 40000 | 11536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/25/2033 | 6135 | 1718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/25/2034 | 5253 | 1369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 04/25/2032 | 51163 | 11048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 10/25/2030 | 15000 | 3332 |
| &nbsp;&nbsp;&nbsp; Republic of Poland Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/04/2053 | $350 | 319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/18/2054 | 7509 | 6793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/12/2035 | 9015 | 9011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 09/18/2034 | 6750 | 6677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 02/12/2030 | 4177 | 4220 |
|  |  | 56673 |
| **Qatar — 0.6%** | **Qatar — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Qatar Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/27/2028(D) | 2300 | 2314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/23/2028 | 6129 | 6177 |
| &nbsp;&nbsp;&nbsp; Qatar Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 05/29/2029(D) | 1137 | 1150 |
|  |  | 9641 |
| **Romania — 2.4%** | **Romania — 2.4%** |  |
| &nbsp;&nbsp;&nbsp; Romania Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 04/29/2030 | 35600 | 8136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.300%, 04/25/2029 | 20000 | 4304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/12/2029 | 3100 | 641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 07/25/2029 | 12500 | 2547 |
| &nbsp;&nbsp;&nbsp; Romanian Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 02/10/2037 | $7720 | 7751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 01/30/2034 | 3300 | 3147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/24/2035 | 7302 | 6548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 02/14/2051 | 7546 | 4541 |
| &nbsp;&nbsp;&nbsp; Romanian Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 01/17/2053 | 2040 | 1971 |
|  |  | 39586 |
| **Russia — 0.0%** | **Russia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Vnesheconombank Via VEB Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.800%, 11/22/2025(D) | 600 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.800%, 11/22/2025(G) | 240 | 8 |
|  |  | 38 |
| **Rwanda — 0.1%** | **Rwanda — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Rwanda International Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/09/2031 | 1110 | 932 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| **Saudi Arabia — 1.9%** | **Saudi Arabia — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; Acwa Power Management And Investments One  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 12/15/2039 | $1734 | $1725 |
| &nbsp;&nbsp;&nbsp; Ma'aden Sukuk  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 02/13/2030(D) | 1055 | 1066 |
| &nbsp;&nbsp;&nbsp; Saudi Arabian Oil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 06/02/2035(D) | 1556 | 1552 |
| &nbsp;&nbsp;&nbsp; Saudi Arabian Oil MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 07/17/2064(D) | 3903 | 3491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 07/17/2064 | 411 | 367 |
| &nbsp;&nbsp;&nbsp; Saudi Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 01/16/2054 | 6369 | 5935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/18/2053 | 2300 | 1908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/16/2030 | 3000 | 3006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/16/2030(D) | 7036 | 7054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 10/04/2047 | 5539 | 4501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 01/21/2055 | 1870 | 1240 |
|  |  | 31845 |
| **Senegal — 0.2%** | **Senegal — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Senegal Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/13/2048 | 1450 | 906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 05/23/2033 | 1893 | 1361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 06/08/2037 | 560 | 412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/13/2028 | 450 | 439 |
|  |  | 3118 |
| **Serbia — 0.4%** | **Serbia — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Serbia International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/12/2034 | $2219 | 2198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/12/2034(D) | 1713 | 1698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 03/03/2033 | 814 | 744 |
| &nbsp;&nbsp;&nbsp; Serbia International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.050%, 09/23/2036 | 2126 | 1796 |
| &nbsp;&nbsp;&nbsp; Telecommunications co Telekom Srbija AD Belgrade  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 10/28/2029 | $291 | 288 |
|  |  | 6724 |
| **South Africa — 6.2%** | **South Africa — 6.2%** |  |
| &nbsp;&nbsp;&nbsp; Eskom Holdings SOC Ltd MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 09/15/2033 | 52000 | 2334 |
| &nbsp;&nbsp;&nbsp; Republic of South Africa Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.625%, 03/31/2053 | 28535 | 1617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 01/31/2040 | 280363 | 13099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875% 02/28/2035  | 169288 | 8648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750% 01/31/2044  | 336375 | 14762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750% 02/28/2048  | 278765 | 12085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500% 01/31/2037  | 192860 | 9124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250% 03/31/2032  | 75475 | 3939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 01/31/2030 | 211177 | 11394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000% 02/28/2031  | 43300 | 2178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500% 02/28/2041  | 61942 | 2269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250% 03/31/2036  | 100906 | 4077 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; Republic of South Africa Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.100%, 11/19/2036 | $793 | $768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 09/30/2049 | 17876 | 12944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 10/12/2028 | 2798 | 2675 |
| &nbsp;&nbsp;&nbsp; Transnet SOC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 02/06/2028 | 1200 | 1224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 02/06/2028(D) | 799 | 815 |
|  |  | 103952 |
| **Sri Lanka — 0.8%** | **Sri Lanka — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/15/2028 | 407 | 379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 08/15/2027(A)(D) | 1695 | 1322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 08/15/2027(A) | 3888 | 3032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 11/15/2027(A) | 1943 | 1508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 11/15/2027(A)(D) | 443 | 344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 12/15/2027(A)(D) | 3518 | 2379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 12/15/2027(A) | 1033 | 698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 09/15/2027(A) | 4146 | 3219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 07/15/2027(A) | 780 | 677 |
|  |  | 13558 |
| **Supranational — 2.7%** | **Supranational — 2.7%** |  |
| &nbsp;&nbsp;&nbsp; Andina de Fomento MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.700%, 03/06/2029 | 340000 | 4050 |
| &nbsp;&nbsp;&nbsp; Asian Development Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/30/2028 | 5500 | 1483 |
| &nbsp;&nbsp;&nbsp; Asian Development Bank MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.100%, 01/23/2026 | 4813000 | 1154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.080%, 04/20/2043(E) | 10000 | 100 |
| &nbsp;&nbsp;&nbsp; Asian Infrastructure Investment Bank MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.700%, 02/08/2038(E) | 21800 | 347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.200%, 07/02/2031 | 56500 | 674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.650%, 06/30/2033 | 627000 | 7326 |
| &nbsp;&nbsp;&nbsp; Inter-American Development Bank MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.350%, 10/06/2030 | 464000 | 5603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 08/08/2033 | 360000 | 4340 |
| &nbsp;&nbsp;&nbsp; International Bank for Reconstruction & Development MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.050%, 07/22/2029 | 192500 | 2286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 07/13/2029 | 264300 | 3100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 04/17/2030 | 400000 | 4649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 01/13/2031 | 38000 | 5447 |
| &nbsp;&nbsp;&nbsp; International Finance MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.900%, 08/16/2028(E) | 23400000 | 4155 |
|  |  | 44714 |
| **Suriname — 0.1%** | **Suriname — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Suriname Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.950%, 07/15/2033 | $2064 | 1935 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| **Tajikistan — 0.1%** | **Tajikistan — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Republic of Tajikistan International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 09/14/2027 | $1492 | $1466 |
| **Thailand — 1.3%** | **Thailand — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Thailand Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 06/17/2043 | 150046 | 5255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.390%, 06/17/2037 | 46787 | 1641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 06/17/2033 | 90419 | 3067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 06/17/2038 | 79242 | 2753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 06/17/2046 | 4865 | 157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 06/17/2034 | 62493 | 2059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 06/17/2052 | 2778 | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 06/17/2028 | 150000 | 4705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/17/2042 | 76757 | 2233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.600%, 12/17/2029 | 15120 | 459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.600%, 06/17/2035 | 2000 | 60 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.585%, 12/17/2035 | 1182 | 35 |
|  |  | 22512 |
| **Trinidad & Tobago — 0.4%** | **Trinidad & Tobago — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Heritage Petroleum  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 08/12/2029 | $2000 | 2022 |
| &nbsp;&nbsp;&nbsp; Port of Spain Waterfront Development  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 02/19/2040(D) | 2179 | 2081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 02/19/2040 | 2100 | 2006 |
| &nbsp;&nbsp;&nbsp; Telecommunications Services of Trinidad & Tobago  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 10/18/2029 | 1100 | 1103 |
|  |  | 7212 |
| **Tunisia — 0.1%** | **Tunisia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Tunisian Republic  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 07/15/2026 | 1187 | 1321 |
| **Türkiye — 4.1%** | **Türkiye — 4.1%** |  |
| &nbsp;&nbsp;&nbsp; Hazine Mustesarligi Varlik Kiralama  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.509%, 01/14/2029(D) | $2544 | 2706 |
| &nbsp;&nbsp;&nbsp; TC Ziraat Bankasi  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 02/04/2030(D) | 2491 | 2479 |
| &nbsp;&nbsp;&nbsp; Turkiye Government Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37.000%, 02/18/2026 | 480000 | 11773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36.000%, 08/12/2026 | 517800 | 12545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27.700%, 09/27/2034 | 52086 | 1185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26.200%, 10/05/2033 | 400900 | 8811 |
| &nbsp;&nbsp;&nbsp; Turkiye Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 05/29/2032 | $2635 | 2596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 02/12/2032 | 4811 | 4721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 07/17/2032 | 2769 | 2710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 01/03/2035 | 1612 | 1477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/11/2047 | 13743 | 9864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 04/16/2043 | 1800 | 1216 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; Zorlu Enerji Elektrik Uretim  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 04/23/2030 | $7350 | $6460 |
|  |  | 68543 |
| **Ukraine — 0.7%** | **Ukraine — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; NAK Naftogaz Ukraine via Kondor Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 07/19/2026(F) | 749 | 745 |
| &nbsp;&nbsp;&nbsp; NPC Ukrenergo  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/09/2028(F) | $1085 | 887 |
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16.547%, 02/01/2027(A) | 314 | 151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.961%, 02/01/2027(A) | 3646 | 1358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.945%, 02/01/2027(A) | 5036 | 2430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.945%, 02/01/2027(A)(D) | 803 | 388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.311%, 02/01/2027(A) | 826 | 398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 08/01/2041 (B)(F) | 2350 | 1705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 08/01/2025(A)(D) | 4352 | 2089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 08/01/2025(A) | 2680 | 1286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 08/01/2025(A) | 991 | 466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 08/01/2025(A) | 851 | 415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 08/01/2025(A) | 244 | 149 |
|  |  | 12467 |
| **United Arab Emirates — 1.4%** | **United Arab Emirates — 1.4%** |  |
| &nbsp;&nbsp;&nbsp; Abu Dhabi Developmental Holding PJSC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/06/2030(D) | 4090 | 4039 |
| &nbsp;&nbsp;&nbsp; Abu Dhabi Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 09/30/2049 | 6982 | 4627 |
| &nbsp;&nbsp;&nbsp; Abu Dhabi Government International Bond MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.700%, 03/02/2031 | 1689 | 1458 |
| &nbsp;&nbsp;&nbsp; Adnoc Murban Rsc  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 09/11/2054(D) | 2307 | 2059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 09/11/2054 | 1129 | 1002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 09/11/2034 | 2304 | 2212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 09/11/2034(D) | 3923 | 3766 |
| &nbsp;&nbsp;&nbsp; Finance Department Government of Sharjah MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/28/2050 | 4146 | 2574 |
| &nbsp;&nbsp;&nbsp; Pearl Petroleum  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13.000%, 05/15/2028(D) | 1300 | 1355 |
|  |  | 23092 |
| **United States — 0.1%** | **United States — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Avianca Midco 2  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 02/14/2030(D) | 1472 | 1313 |
| **Uruguay — 1.2%** | **Uruguay — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Oriental Republic of Uruguay  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/10/2060 | 700 | 614 |
| &nbsp;&nbsp;&nbsp; Uruguay Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 07/20/2033 | 88710 | 2175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 10/28/2034 | $6372 | 6640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.442%, 02/14/2037 | 2350 | 2358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 06/18/2050 | 479 | 429 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; Uruguay Monetary Regulation Bill  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.655%, 09/03/2025(E) | 161300 | $3791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.447%, 06/23/2025(E) | 25300 | 606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.342%, 06/04/2025(E) | 129549 | 3116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.992%, 07/11/2025(E) | 21284 | 507 |
|  |  | 20236 |
| **Uzbekistan — 1.1%** | **Uzbekistan — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Jscb Agrobank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 10/02/2029 | $500 | 517 |
| &nbsp;&nbsp;&nbsp; National Bank of Uzbekistan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19.875%, 07/05/2027 | 5000000 | 390 |
| &nbsp;&nbsp;&nbsp; Republic of Uzbekistan International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16.250%, 10/12/2026(D) | 10210000 | 805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15.500%, 02/25/2028(D) | 72500000 | 5631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.947%, 05/25/2032(D) | $1137 | 1127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.947%, 05/25/2032 | 700 | 694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 05/29/2027 | 1390 | 1603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 10/19/2031 | $1869 | 1569 |
| &nbsp;&nbsp;&nbsp; Uzbek Industrial and Construction Bank ATB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21.000%, 07/24/2027 | 18200000 | 1434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.950%, 07/24/2029 | $1400 | 1436 |
| &nbsp;&nbsp;&nbsp; Uzbekneftegaz JSC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 05/07/2030(D) | 1300 | 1311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 11/16/2028 | 2214 | 1999 |
|  |  | 18516 |
| **Venezuela — 0.9%** | **Venezuela — 0.9%** |  |
| &nbsp;&nbsp;&nbsp; La Electricidad de Caracas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 04/10/2018(F) | 1276 | 83 |
| &nbsp;&nbsp;&nbsp; Petroleos de Venezuela  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.750%, 02/17/2022(F) | 300 | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 05/17/2035(F) | 18362 | 2589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/16/2024(F) | 5747 | 678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/16/2024(F) | 5062 | 597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 11/15/2026(F) | 5273 | 622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/12/2037(F) | 1620 | 193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/12/2037(F) | 1373 | 163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 04/12/2027(F) | 7825 | 918 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 04/12/2027(F) | 4425 | 519 |
| &nbsp;&nbsp;&nbsp; Venezuela Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.750%, 08/23/2022(F) | 10712 | 1823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.950%, 08/05/2031(F) | 16008 | 2755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 05/07/2026(F) | 9629 | 1454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 10/13/2024(F) | 3509 | 530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 10/13/2019(F) | 15451 | 2162 |
|  |  | 15128 |
| **Vietnam — 0.1%** | **Vietnam — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Mong Duong Finance Holdings BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 05/07/2029(D) | 1142 | 1114 |
| **Zambia — 0.2%** | **Zambia — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Zambia Government International Bond  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/30/2031(A) | 1874 | 1681 |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** | **GLOBAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.500%, 12/31/2053 | $| 3178 | $| 1931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.500%, 12/31/2053(D) |  | 573 |  | 348 |
|  |  |  |  | 3960 |
|  Total Global Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,545,225) ($ Thousands) |  |  |  | 1541358 |
| **U.S. TREASURY OBLIGATIONS — 2.3%** | **U.S. TREASURY OBLIGATIONS — 2.3%** | **U.S. TREASURY OBLIGATIONS — 2.3%** | **U.S. TREASURY OBLIGATIONS — 2.3%** | **U.S. TREASURY OBLIGATIONS — 2.3%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.222%, 06/03/2025 (E) |  | 2500 |  | 2500 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.501%, USBMMY3M + 0.205%, 10/31/2026 (B) |  | 1900 |  | 1903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.456%, USBMMY3M + 0.160%, 04/30/2027 (B) |  | 16870 |  | 16879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.394%, USBMMY3M + 0.098%, 01/31/2027 (B) |  | 5700 |  | 5702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 08/31/2029  |  | 11200 |  | 10848 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $37,504) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $37,504) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $37,504) ($ Thousands) |  | 37832 |
|  |  | Number of<br> Participation <br> Notes |  |  |
| **LOAN PARTICIPATION NOTES — 0.6%** | **LOAN PARTICIPATION NOTES — 0.6%** | **LOAN PARTICIPATION NOTES — 0.6%** | **LOAN PARTICIPATION NOTES — 0.6%** | **LOAN PARTICIPATION NOTES — 0.6%** |
| **Côte d'Ivoire — 0.5%** | **Côte d'Ivoire — 0.5%** | **Côte d'Ivoire — 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp; Côte d'Ivoire, Term Loan, 1st Lien, Expires 03/18/2026  |  | 4040000 |  | 4604 |

---

---

| | | |
|:---|:---|:---|
| Description | Number of<br> Participation <br> Notes | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATION NOTES (continued)** | **LOAN PARTICIPATION NOTES (continued)** | **LOAN PARTICIPATION NOTES (continued)** |
| &nbsp;&nbsp;&nbsp; Côte d'Ivoire, Term Loan, 1st Lien, Expires 07/10/2025  | 2880000 | $3266 |
|  |  | 7870 |
| **Serbia — 0.1%** | **Serbia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Telekom SRBIJA, Term Loan, 1st Lien, Expires 06/13/2029 (H) | 1700000 | 1911 |
| **Tanzia — 0.0%** | **Tanzia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; United Republic of Tanzia, Term Loan, 1st Lien, Expires 04/28/2031  | 480000 | 471 |
|  Total Loan Participation Notes |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $9,897) ($ Thousands) |  | 10252 |
| **PURCHASED OPTIONS — 0.1%** | **PURCHASED OPTIONS — 0.1%** | **PURCHASED OPTIONS — 0.1%** |
|  Total Purchased Options  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $2,226) ($ Thousands) |  | 2279 |
| Total Investments in Securities — 95.0% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,594,852) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $1,594,852) ($ Thousands)  | $1591721 |
| **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** |
|  Total Written Options  |  |  |
| &nbsp;&nbsp;&nbsp; (Premiums Received $1,021) ($ Thousands) |  | $(768) |
| **WRITTEN SWAPTIONS — (0.0)%** | **WRITTEN SWAPTIONS — (0.0)%** | **WRITTEN SWAPTIONS — (0.0)%** |
|  Total Written Swaptions  |  |  |
| &nbsp;&nbsp;&nbsp; (Premiums Received $132) ($ Thousands) |  | $(291) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: |
| **Description** | **Number of Contracts** | **Notional Amount<br> (Thousands)** | **Exercise Price** | **Expiration Date** | **Value<br> (Thousands)** |
| **PURCHASED OPTIONS — 0.1%** | **PURCHASED OPTIONS — 0.1%** |  |  |  |  |
| **Put Options** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; USD PUT/ BRL CALL | 14100000 | $79313 | $5.63 | 7/19/2025 | $86 |
| &nbsp;&nbsp;&nbsp; USD PUT/ CLP CALL | 14100000 | 13324500 | 945.00 | 7/19/2025 | 258 |
| &nbsp;&nbsp;&nbsp; USD PUT/ HUF CALL | 700000 | 234500 | 335.00 | 10/18/2025 | 100 |
| &nbsp;&nbsp;&nbsp; USD PUT/ HUF CALL | 490000 | 171500 | 350.00 | 6/21/2025 | 47 |
| &nbsp;&nbsp;&nbsp; USD PUT/ ILS CALL | 28200000 | 98700 | 3.50 | 7/19/2025 | 387 |
| &nbsp;&nbsp;&nbsp; USD PUT/ KRW CALL | 560000 | 728000 | 1300.00 | 8/16/2025 | 60 |
| &nbsp;&nbsp;&nbsp; USD PUT/ MXN CALL | 14100000 | 267195 | 18.95 | 8/16/2025 | 88 |
| &nbsp;&nbsp;&nbsp; USD PUT/ PLN CALL | 7000000 | 25970 | 3.71 | 9/20/2025 | 128 |
| &nbsp;&nbsp;&nbsp; USD PUT/ PLN CALL | 7000000 | 25760 | 3.68 | 8/16/2025 | 80 |
| &nbsp;&nbsp;&nbsp; USD PUT/ ZAR CALL | 14100000 | 258735 | 18.35 | 7/19/2025 | 419 |
| &nbsp;&nbsp;&nbsp; USD PUT/ ZAR CALL | 14000000 | 254800 | 18.20 | 8/16/2025 | 369 |
| &nbsp;&nbsp;&nbsp; USD PUT/ ZAR CALL | 21200000 | 379480 | 17.90 | 6/21/2025 | 193 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** (Continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: |
| **Description** | **Number of Contracts** | **Notional Amount<br> (Thousands)** | **Exercise Price** | **Expiration Date** | **Value<br> (Thousands)** |
| **PURCHASED OPTIONS (continued)** | **PURCHASED OPTIONS (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; USD PUT/ ZAR CALL | 550000 | $9240 | $16.80 | 9/20/2025 | $64 |
| &nbsp;&nbsp;&nbsp; Total Purchased Options |  | $15857693 |  |  | $2279 |
| **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** |  |  |  |  |
| **Put Options** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; USD PUT/ BRL CALL | (21150000) | $(115268) | 5.45 | 07/19/2025 | $(25) |
| &nbsp;&nbsp;&nbsp; USD PUT/ CLP CALL | (21150000) | (19246500) | 910.00 | 07/19/2025 | (105) |
| &nbsp;&nbsp;&nbsp; USD PUT/ ILS CALL | (42300000) | (143820) | 3.40 | 07/19/2025 | (170) |
| &nbsp;&nbsp;&nbsp; USD PUT/ MXN CALL | (14100000) | (260850) | 18.50 | 08/16/2025 | (29) |
| &nbsp;&nbsp;&nbsp; USD PUT/ PLN CALL | (10500000) | (37275) | 3.55 | 08/16/2025 | (37) |
| &nbsp;&nbsp;&nbsp; USD PUT/ PLN CALL | (10500000) | (37485) | 3.57 | 09/20/2025 | (70) |
| &nbsp;&nbsp;&nbsp; USD PUT/ ZAR CALL | (28250000) | (491550) | 17.40 | 06/21/2025 | (47) |
| &nbsp;&nbsp;&nbsp; USD PUT/ ZAR CALL | (21150000) | (366953) | 17.35 | 07/19/2025 | (108) |
| &nbsp;&nbsp;&nbsp; USD PUT/ ZAR CALL | (14000000) | (246400) | 17.60 | 08/16/2025 | (151) |
|  |  | (20946101) |  |  | (742) |
| **Call Options** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; USD CALL/ KRW PUT | (7000000) | (10150000) | 1450.00 | 08/16/2025 | (26) |
| &nbsp;&nbsp;&nbsp; Total Written Options |  | $(31096101) |  |  | $(768) |

---

A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Number of Contracts/ Notional Amount** | **Exercise Price** | **Expiration Date** | **Value<br> (Thousands)** |
| **WRITTEN SWAPTIONS — (0.0)%** | **WRITTEN SWAPTIONS — (0.0)%** | **WRITTEN SWAPTIONS — (0.0)%** |  |  |  |
| **Put Swaptions** | **Put Swaptions** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Swaption Pay 3.828% / Receive SOFR | Bank of America Merrill Lynch | $(13800000) | $3.83 | 08/16/2025 | $(65) |
| **Call Swaptions** | **Call Swaptions** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Swaption Pay 3.328% / Receive SOFR | Bank of America Merrill Lynch | (13800000) | 3.33 | 08/16/2025 | (226) |
|  Total Written Swaptions |  | $(27600000) |  |  | $(291) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Depreciation(Thousands)** |
| Short Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Euro-Schatz | (25) | Jun-2025 | $(2893) | $(3047) | $(7) |
| &nbsp;&nbsp; U.S. 2-Year Treasury Note | (64) | Sep-2025 | (13255) | (13276) | (21) |
| &nbsp;&nbsp; U.S. 5-Year Treasury Note | (44) | Sep-2025 | (4742) | (4760) | (18) |
| &nbsp;&nbsp; U.S. 10-Year Treasury Note | (34) | Sep-2025 | (3745) | (3765) | (20) |
|  |  |  | $(24635) | $(24848) | $(66) |

---

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: |
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| Bank of America | 06/18/25 | USD | 78 | EUR | 68 | $— |
| Bank of America | 06/18/25 | USD | 305 | COP | 1276669 | 1 |
| Bank of America | 06/18/25 | USD | 573 | MXN | 11371 | 12 |
| Bank of America | 06/18/25 | USD | 2981 | INR | 253345 | (23) |
| Bank of America | 06/18/25 | CNY | 4067 | USD | 561 | (6) |
| Bank of America | 06/18/25 | USD | 2071 | CZK | 46566 | 49 |
| Bank of America | 06/18/25 | USD | 8388 | CZK | 183474 | (37) |
| Bank of America | 06/18/25 | PLN | 11930 | USD | 3074 | (111) |
| Bank of America | 06/18/25 | THB | 12294 | USD | 361 | (15) |
| Bank of America | 06/18/25 | MXN | 17746 | USD | 919 | 7 |
| Bank of America | 06/18/25 | ZAR | 56920 | USD | 3101 | (48) |
| Bank of America | 06/18/25 | CLP | 2422634 | USD | 2557 | (6) |
| Bank of America | 06/18/25 | IDR | 5742064 | USD | 342 | (9) |
| Bank of America | 06/27/25 | USD | 673 | INR | 57700 |  |
| Bank of America | 07/02/25 | IDR | 9500400 | USD | 580 | (1) |
| Bank of America | 07/03/25 | BRL | 7968 | USD | 1375 | (5) |
| Bank of America | 07/17/25 | CLP | 1780684 | USD | 1835 | (50) |
| Bank of America | 07/30/25 | ILS | 10625 | USD | 2855 | (168) |
| Bank of America | 07/30/25 | ZAR | 35864 | USD | 1956 | (21) |
| Barclays PLC | 06/03/25 | RON | 1990 | USD | 452 | 6 |
| Barclays PLC | 06/23/25 | PEN | 1340 | USD | 366 | (3) |
| Barclays PLC | 06/23/25 | USD | 14148 | MXN | 274168 | (59) |
| Barclays PLC | 07/02/25 | USD | 8126 | BRL | 46500 | (73) |
| Barclays PLC | 07/03/25 | USD | 2712 | TRY | 113200 | 75 |
| Barclays PLC | 12/19/25 | EUR |  | USD |  |  |
| Brown Brothers Harriman | 06/27/25 | ZAR | 1100 | USD | 60 | (1) |
| Brown Brothers Harriman | 07/14/25 | USD | 408 | JPY | 58400 | (1) |
| Brown Brothers Harriman | 07/14/25 | USD | 2830 | EUR | 2500 | 16 |
| Brown Brothers Harriman | 07/14/25 | USD | 5372 | EUR | 4700 | (22) |
| Brown Brothers Harriman | 07/14/25 | EUR | 900 | USD | 1027 | 2 |
| Brown Brothers Harriman | 07/14/25 | EUR | 28150 | USD | 31492 | (554) |
| Brown Brothers Harriman | 07/15/25 | GBP | 400 | USD | 535 | (5) |
| Brown Brothers Harriman | 07/15/25 | USD | 1080 | GBP | 800 | (1) |
| Citigroup | 06/03/25 | CZK | 9940 | USD | 452 |  |
| Citigroup | 07/02/25 | USD | 24522 | BRL | 139451 | (370) |
| Citigroup | 08/12/25 | USD |  | NGN |  |  |
| Citigroup | 08/12/25 | NGN |  | USD |  |  |
| Citigroup | 08/14/25 | ZMW |  | USD |  |  |
| Citigroup | 08/14/25 | USD |  | ZMW |  |  |
| Dashin Securities Ltd. | 06/18/25 | EUR | 6107 | USD | 6703 | (238) |
| Dashin Securities Ltd. | 06/18/25 | USD | 7122 | EUR | 6489 | 252 |
| Deutsche Bank | 06/02/25 | USD | 463 | KZT | 240000 | 8 |
| Deutsche Bank | 06/10/25 | USD | 5000 | HUF | 1788500 | 24 |
| Deutsche Bank | 06/10/25 | HUF | 486597 | USD | 1358 | (9) |
| Deutsche Bank | 06/16/25 | USD | 1776 | KZT | 911011 | 3 |
| Deutsche Bank | 06/18/25 | USD | 233 | CZK | 5145 | 1 |
| Deutsche Bank | 06/18/25 | USD | 246 | INR | 21277 | 2 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** (Continued)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| Deutsche Bank | 06/18/25 | USD | 513 | TRY | 20647 | $3 |
| Deutsche Bank | 06/18/25 | USD | 615 | IDR | 10111003 | 4 |
| Deutsche Bank | 06/18/25 | USD | 981 | RON | 4300 | (18) |
| Deutsche Bank | 06/18/25 | USD | 1425 | MXN | 29822 | 109 |
| Deutsche Bank | 06/18/25 | USD | 2719 | ILS | 9871 | 87 |
| Deutsche Bank | 06/18/25 | USD | 3026 | THB | 104115 | 151 |
| Deutsche Bank | 06/18/25 | USD | 3054 | CNY | 21936 | 1 |
| Deutsche Bank | 06/18/25 | USD | 3075 | EUR | 2749 | 49 |
| Deutsche Bank | 06/18/25 | USD | 3083 | ZAR | 57574 | 102 |
| Deutsche Bank | 06/18/25 | EUR | 5409 | USD | 6173 | 26 |
| Deutsche Bank | 06/18/25 | USD | 6322 | JPY | 920455 | 71 |
| Deutsche Bank | 06/18/25 | USD | 7426 | HUF | 2746191 | 285 |
| Deutsche Bank | 06/18/25 | ILS | 16897 | USD | 4557 | (246) |
| Deutsche Bank | 06/18/25 | MXN | 32686 | USD | 1562 | (118) |
| Deutsche Bank | 06/18/25 | RON | 2285 | USD | 519 | 7 |
| Deutsche Bank | 06/18/25 | RON | 32154 | USD | 7017 | (185) |
| Deutsche Bank | 06/18/25 | ZAR | 129387 | USD | 7055 | (102) |
| Deutsche Bank | 06/18/25 | EGP | 148561 | USD | 2830 | (134) |
| Deutsche Bank | 06/18/25 | INR | 29969 | USD | 351 | 1 |
| Deutsche Bank | 06/18/25 | INR | 129899 | USD | 1502 | (15) |
| Deutsche Bank | 06/18/25 | PHP | 247703 | USD | 4314 | (123) |
| Deutsche Bank | 06/18/25 | TRY | 694610 | USD | 17550 | 177 |
| Deutsche Bank | 06/18/25 | JPY | 1295423 | USD | 9025 | 29 |
| Deutsche Bank | 06/18/25 | HUF | 453914 | USD | 1280 | 6 |
| Deutsche Bank | 06/18/25 | HUF | 900789 | USD | 2421 | (109) |
| Deutsche Bank | 06/18/25 | IDR | 4980737 | USD | 295 | (10) |
| Deutsche Bank | 06/23/25 | USD | 2664 | NGN | 4268494 | 10 |
| Deutsche Bank | 06/26/25 | USD | 1696 | ZAR | 31587 | 50 |
| Deutsche Bank | 06/26/25 | ZAR | 31451 | USD | 1696 | (43) |
| Deutsche Bank | 07/09/25 | USD | 8079 | CNY | 58415 | 74 |
| Deutsche Bank | 07/09/25 | CNY | 49525 | USD | 6829 | (84) |
| Deutsche Bank | 07/25/25 | MXN | 25627 | USD | 1255 | (56) |
| Deutsche Bank | 07/29/25 | USD | 1823 | KZT | 949971 | 4 |
| Deutsche Bank | 07/30/25 | USD | 3105 | ZAR | 60094 | 209 |
| Deutsche Bank | 07/30/25 | USD | 5309 | ILS | 18945 | 82 |
| Deutsche Bank | 07/30/25 | ILS | 12745 | USD | 3532 | (95) |
| Deutsche Bank | 07/30/25 | ZAR | 21446 | USD | 1180 | (2) |
| Deutsche Bank | 08/08/25 | KRW | 4791500 | USD | 3500 | 10 |
| Deutsche Bank | 08/18/25 | ZAR | 47845 | USD | 2660 | 25 |
| Deutsche Bank | 08/29/25 | USD | 1805 | KZT | 949971 | 14 |
| Deutsche Bank | 09/17/25 | USD | 1001 | TRY | 44837 | 24 |
| Deutsche Bank | 09/17/25 | USD | 16364 | TRY | 694610 | (492) |
| Deutsche Bank | 09/17/25 | ZAR | 34701 | USD | 1925 | 18 |
| Deutsche Bank | 09/17/25 | TRY | 286463 | USD | 6240 | (306) |
| Deutsche Bank | 09/19/25 | PLN | 967 | USD | 255 | (3) |
| Deutsche Bank | 10/27/25 | HUF | 761880 | USD | 2100 | (26) |
| Goldman Sachs | 06/03/25 | USD | 32332 | BRL | 184224 | (214) |
| Goldman Sachs | 06/16/25 | PEN | 5500 | USD | 1492 | (23) |
| Goldman Sachs | 06/18/25 | USD |  | TRY |  |  |
| Goldman Sachs | 06/18/25 | TRY |  | USD |  |  |

---

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| Goldman Sachs | 07/02/25 | USD | 766 | BRL | 4400 | $(4) |
| Goldman Sachs | 07/15/25 | GBP | 7400 | USD | 9710 | (269) |
| Goldman Sachs | 09/17/25 | USD |  | EGP |  |  |
| Goldman Sachs | 09/17/25 | EGP |  | USD |  |  |
| Goldman Sachs | 10/09/25 | USD | 4129 | TRY | 183845 | (13) |
| HSBC | 06/02/25 | USD | 2454 | IDR | 39828000 | (9) |
| HSBC | 06/02/25 | IDR | 39828000 | USD | 2365 | (80) |
| HSBC | 06/10/25 | IDR | 49896000 | USD | 3036 | (23) |
| HSBC | 06/16/25 | USD | 1274 | TRY | 51249 | 11 |
| HSBC | 06/16/25 | USD | 251 | TRY | 10000 |  |
| HSBC | 06/23/25 | USD | 153 | MXN | 2970 |  |
| HSBC | 07/02/25 | USD | 458 | PLN | 1720 | 1 |
| HSBC | 07/02/25 | IDR | 39828000 | USD | 2452 | 17 |
| ICBC Financial Services | 06/02/25 | USD | 5294 | KZT | 2751067 | 94 |
| ICBC Financial Services | 06/23/25 | USD | 282 | NGN | 463000 | 8 |
| ICBC Financial Services | 06/30/25 | USD | 2113 | KZT | 1091125 | 12 |
| ICBC Financial Services | 08/05/25 | USD | 990 | EGP | 54192 | 66 |
| ICBC Financial Services | 08/15/25 | USD | 1351 | KZT | 710391 | 11 |
| ICBC Financial Services | 10/29/25 | USD | 3107 | EGP | 170558 | 93 |
| JPMorgan Chase Bank | 06/02/25 | USD | 4931 | PHP | 281837 | 120 |
| JPMorgan Chase Bank | 06/02/25 | USD | 481 | PHP | 26795 | (1) |
| JPMorgan Chase Bank | 06/02/25 | PHP | 153782 | USD | 2764 | 7 |
| JPMorgan Chase Bank | 06/02/25 | PHP | 154849 | USD | 2667 | (108) |
| JPMorgan Chase Bank | 06/03/25 | USD | 536 | BRL | 3100 | 4 |
| JPMorgan Chase Bank | 06/03/25 | BRL | 22963 | USD | 4050 | 46 |
| JPMorgan Chase Bank | 06/03/25 | RON | 44650 | EUR | 8738 | (89) |
| JPMorgan Chase Bank | 06/09/25 | USD | 526 | CLP | 501786 | 5 |
| JPMorgan Chase Bank | 06/09/25 | USD | 2135 | CNY | 15432 | 12 |
| JPMorgan Chase Bank | 06/09/25 | USD | 5120 | THB | 172747 | 145 |
| JPMorgan Chase Bank | 06/09/25 | USD | 137 | BRL | 809 | 4 |
| JPMorgan Chase Bank | 06/09/25 | USD | 10341 | BRL | 58680 | (117) |
| JPMorgan Chase Bank | 06/09/25 | CNY | 15432 | USD | 2145 | (1) |
| JPMorgan Chase Bank | 06/09/25 | BRL | 2403 | USD | 424 | 5 |
| JPMorgan Chase Bank | 06/09/25 | BRL | 57086 | USD | 9690 | (255) |
| JPMorgan Chase Bank | 06/09/25 | THB | 172747 | USD | 5263 | (2) |
| JPMorgan Chase Bank | 06/09/25 | CLP | 501786 | USD | 534 | 4 |
| JPMorgan Chase Bank | 06/10/25 | USD | 310 | IDR | 5137104 | 5 |
| JPMorgan Chase Bank | 06/10/25 | EUR | 887 | USD | 1013 | 5 |
| JPMorgan Chase Bank | 06/10/25 | USD | 2788 | EUR | 2591 | 155 |
| JPMorgan Chase Bank | 06/10/25 | USD | 6947 | HUF | 2634669 | 455 |
| JPMorgan Chase Bank | 06/10/25 | HUF | 3314774 | USD | 9152 | (159) |
| JPMorgan Chase Bank | 06/10/25 | IDR | 91090050 | USD | 5402 | (184) |
| JPMorgan Chase Bank | 06/11/25 | USD | 174 | COP | 733127 | 2 |
| JPMorgan Chase Bank | 06/11/25 | COP | 197352 | USD | 48 |  |
| JPMorgan Chase Bank | 06/11/25 | COP | 27683078 | USD | 6465 | (180) |
| JPMorgan Chase Bank | 06/16/25 | USD | 2526 | TRY | 101642 | 21 |
| JPMorgan Chase Bank | 06/16/25 | USD | 3822 | TRY | 152171 | (8) |
| JPMorgan Chase Bank | 06/18/25 | USD | 114 | EUR | 105 | 5 |
| JPMorgan Chase Bank | 06/18/25 | USD | 164 | CZK | 3666 | 3 |
| JPMorgan Chase Bank | 06/18/25 | USD | 169 | TRY | 6689 | (2) |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** (Continued)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| JPMorgan Chase Bank | 06/18/25 | USD | 184 | COP | 779974 | $3 |
| JPMorgan Chase Bank | 06/18/25 | USD | 602 | PLN | 2274 | 5 |
| JPMorgan Chase Bank | 06/18/25 | USD | 1447 | THB | 48139 | 22 |
| JPMorgan Chase Bank | 06/18/25 | RON | 2719 | USD | 589 | (20) |
| JPMorgan Chase Bank | 06/18/25 | USD | 2991 | JPY | 436221 | 38 |
| JPMorgan Chase Bank | 06/18/25 | USD | 3238 | MXN | 67022 | 209 |
| JPMorgan Chase Bank | 06/18/25 | USD | 3095 | PEN | 11309 | 19 |
| JPMorgan Chase Bank | 06/18/25 | USD | 629 | PEN | 2278 | (1) |
| JPMorgan Chase Bank | 06/18/25 | USD | 3970 | INR | 348459 | 99 |
| JPMorgan Chase Bank | 06/18/25 | CZK | 5663 | USD | 258 |  |
| JPMorgan Chase Bank | 06/18/25 | USD | 3173 | CLP | 3112591 | 121 |
| JPMorgan Chase Bank | 06/18/25 | USD | 3174 | CLP | 2914450 | (90) |
| JPMorgan Chase Bank | 06/18/25 | USD | 7920 | EGP | 418654 | 434 |
| JPMorgan Chase Bank | 06/18/25 | MXN | 17660 | USD | 878 | (30) |
| JPMorgan Chase Bank | 06/18/25 | THB | 19791 | USD | 593 | (11) |
| JPMorgan Chase Bank | 06/18/25 | PLN | 21121 | USD | 5474 | (165) |
| JPMorgan Chase Bank | 06/18/25 | JPY | 54736 | USD | 391 | 11 |
| JPMorgan Chase Bank | 06/18/25 | ZAR | 56638 | USD | 3085 | (48) |
| JPMorgan Chase Bank | 06/18/25 | TRY | 103111 | USD | 2486 | (92) |
| JPMorgan Chase Bank | 06/18/25 | INR | 399700 | USD | 4633 | (34) |
| JPMorgan Chase Bank | 06/18/25 | HUF | 1216600 | USD | 3413 | (3) |
| JPMorgan Chase Bank | 06/18/25 | CLP | 5216417 | USD | 5473 | (46) |
| JPMorgan Chase Bank | 06/18/25 | IDR | 9962410 | USD | 603 | (7) |
| JPMorgan Chase Bank | 06/18/25 | COP | 13028140 | USD | 3108 | (15) |
| JPMorgan Chase Bank | 06/20/25 | PEN | 16639 | USD | 4538 | (44) |
| JPMorgan Chase Bank | 06/23/25 | USD | 1349 | INR | 115419 | (2) |
| JPMorgan Chase Bank | 06/23/25 | NGN | 7100000 | USD | 4410 | (38) |
| JPMorgan Chase Bank | 06/24/25 | TRY | 140746 | USD | 3233 | (265) |
| JPMorgan Chase Bank | 07/02/25 | BRL | 8261 | USD | 1451 | 20 |
| JPMorgan Chase Bank | 07/03/25 | USD | 241 | BRL | 1436 | 8 |
| JPMorgan Chase Bank | 07/03/25 | USD | 4951 | BRL | 28386 | (36) |
| JPMorgan Chase Bank | 07/03/25 | BRL | 9282 | USD | 1616 | 9 |
| JPMorgan Chase Bank | 07/08/25 | USD | 864 | PEN | 3200 | 17 |
| JPMorgan Chase Bank | 07/08/25 | USD | 4719 | TRY | 195336 | 64 |
| JPMorgan Chase Bank | 07/15/25 | USD | 816 | IDR | 13630000 | 16 |
| JPMorgan Chase Bank | 07/15/25 | USD | 2392 | HUF | 893662 | 115 |
| JPMorgan Chase Bank | 07/15/25 | HUF | 24016 | USD | 67 |  |
| JPMorgan Chase Bank | 07/15/25 | HUF | 18436 | USD | 51 | (1) |
| JPMorgan Chase Bank | 07/17/25 | USD | 874 | TRY | 36754 | 20 |
| JPMorgan Chase Bank | 07/17/25 | TRY | 52286 | USD | 1233 | (39) |
| JPMorgan Chase Bank | 07/18/25 | TRY | 43586 | USD | 1026 | (34) |
| JPMorgan Chase Bank | 07/25/25 | USD | 377 | MXN | 7724 | 18 |
| JPMorgan Chase Bank | 07/25/25 | MXN | 4603 | USD | 232 | (3) |
| JPMorgan Chase Bank | 07/30/25 | USD | 284 | ZAR | 5200 | 3 |
| JPMorgan Chase Bank | 08/04/25 | USD | 539 | BRL | 3100 | (7) |
| JPMorgan Chase Bank | 08/11/25 | USD | 1 | RON | 6 |  |
| JPMorgan Chase Bank | 08/11/25 | USD | 308 | ZAR | 5656 | 4 |
| JPMorgan Chase Bank | 08/11/25 | PLN | 4074 | USD | 1078 | (9) |
| JPMorgan Chase Bank | 08/11/25 | USD | 4756 | MXN | 93959 | 46 |
| JPMorgan Chase Bank | 08/11/25 | USD | 6614 | PLN | 24999 | 54 |

---

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| JPMorgan Chase Bank | 08/11/25 | MXN | 122971 | USD | 6193 | $(91) |
| JPMorgan Chase Bank | 08/11/25 | ZAR | 1319 | USD | 73 |  |
| JPMorgan Chase Bank | 08/11/25 | ZAR | 213139 | USD | 11452 | (293) |
| JPMorgan Chase Bank | 08/13/25 | PLN | 3691 | USD | 980 | (4) |
| JPMorgan Chase Bank | 08/15/25 | USD | 1037 | KZT | 541628 | 2 |
| JPMorgan Chase Bank | 08/18/25 | USD | 1091 | EGP | 57797 | 31 |
| JPMorgan Chase Bank | 08/18/25 | USD | 15239 | KRW | 21144267 | 170 |
| JPMorgan Chase Bank | 08/18/25 | KRW | 61304 | USD | 45 |  |
| JPMorgan Chase Bank | 08/18/25 | KRW | 94789 | USD | 67 | (2) |
| JPMorgan Chase Bank | 08/25/25 | USD | 1122 | EGP | 58444 | 8 |
| JPMorgan Chase Bank | 09/02/25 | USD | 2758 | PHP | 153782 | (7) |
| JPMorgan Chase Bank | 09/08/25 | USD | 534 | CLP | 501786 | (3) |
| JPMorgan Chase Bank | 09/08/25 | USD | 2161 | CNY | 15432 | 2 |
| JPMorgan Chase Bank | 09/08/25 | USD | 5301 | THB | 172747 | 4 |
| JPMorgan Chase Bank | 09/08/25 | USD | 6283 | HUF | 2250926 | 14 |
| JPMorgan Chase Bank | 09/08/25 | BRL | 53659 | USD | 9252 | 109 |
| JPMorgan Chase Bank | 09/10/25 | USD | 3016 | TRY | 127400 | (87) |
| JPMorgan Chase Bank | 09/17/25 | USD |  | EGP |  |  |
| JPMorgan Chase Bank | 09/17/25 | EGP |  | USD |  |  |
| JPMorgan Chase Bank | 09/17/25 | USD | 1168 | TRY | 49510 | (36) |
| JPMorgan Chase Bank | 09/19/25 | PLN | 3724 | USD | 980 | (13) |
| JPMorgan Chase Bank | 10/21/25 | USD | 4817 | ARS | 5963900 | (264) |
| JPMorgan Chase Bank | 11/25/25 | RON | 52000 | EUR | 9978 | (62) |
| Montgomery/Bank of America | 06/18/25 | USD | 317 | PEN | 1159 | 2 |
| Montgomery/Bank of America | 06/18/25 | ZAR | 56800 | USD | 3068 | (73) |
| Morgan Stanley | 06/03/25 | USD | 17025 | BRL | 97108 | (95) |
| Morgan Stanley | 06/03/25 | HUF | 40000 | USD | 110 | (2) |
| Morgan Stanley | 06/06/25 | EUR | 2343 | USD | 2612 | (49) |
| Morgan Stanley | 06/06/25 | USD | 2612 | MXN | 51141 | 22 |
| Morgan Stanley | 06/06/25 | USD | 2795 | EUR | 2627 | 188 |
| Morgan Stanley | 06/06/25 | MXN | 58959 | USD | 2795 | (241) |
| Morgan Stanley | 06/18/25 | USD | 307 | EUR | 273 | 3 |
| Morgan Stanley | 06/18/25 | USD | 1074 | CLP | 1007724 | (8) |
| Morgan Stanley | 06/18/25 | USD | 1140 | ZAR | 21449 | 47 |
| Morgan Stanley | 06/18/25 | USD | 1385 | CZK | 31509 | 50 |
| Morgan Stanley | 06/18/25 | USD | 1813 | PLN | 7060 | 72 |
| Morgan Stanley | 06/18/25 | USD | 2118 | THB | 71172 | 53 |
| Morgan Stanley | 06/18/25 | USD | 2468 | MXN | 50049 | 106 |
| Morgan Stanley | 06/18/25 | USD | 2994 | IDR | 50107547 | 74 |
| Morgan Stanley | 06/18/25 | USD | 1548 | KRW | 2146320 | 10 |
| Morgan Stanley | 06/18/25 | USD | 1578 | KRW | 2170294 | (3) |
| Morgan Stanley | 06/18/25 | USD | 4319 | INR | 370125 | 3 |
| Morgan Stanley | 06/18/25 | USD | 6119 | HUF | 2261217 | 230 |
| Morgan Stanley | 06/18/25 | CZK | 8536 | USD | 389 |  |
| Morgan Stanley | 06/18/25 | TRY | 20210 | USD | 502 | (3) |
| Morgan Stanley | 06/18/25 | INR | 26127 | USD | 305 |  |
| Morgan Stanley | 06/18/25 | PEN | 28272 | USD | 7707 | (78) |
| Morgan Stanley | 06/18/25 | EGP | 29456 | USD | 582 | (5) |
| Morgan Stanley | 06/18/25 | ZAR | 3725 | USD | 206 |  |
| Morgan Stanley | 06/18/25 | ZAR | 120821 | USD | 6580 | (103) |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** (Continued)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| Morgan Stanley | 06/18/25 | MXN | 176068 | USD | 8598 | $(455) |
| Morgan Stanley | 06/18/25 | JPY | 442599 | USD | 3005 | (69) |
| Morgan Stanley | 06/18/25 | HUF | 585473 | USD | 1606 | (38) |
| Morgan Stanley | 06/18/25 | IDR | 2197713 | USD | 130 | (4) |
| Morgan Stanley | 06/18/25 | COP | 92529465 | USD | 22128 | (57) |
| Morgan Stanley | 07/01/25 | COP | 27600584 | USD | 6593 | (15) |
| Morgan Stanley | 07/02/25 | USD | 13031 | BRL | 74145 | (189) |
| Morgan Stanley | 07/03/25 | BRL | 3155 | USD | 547 |  |
| Morgan Stanley | 07/03/25 | BRL | 1023 | USD | 172 | (5) |
| Morgan Stanley | 07/07/25 | EGP | 57100 | USD | 1105 | (24) |
| Morgan Stanley | 07/21/25 | PEN | 31000 | USD | 8402 | (130) |
| Morgan Stanley | 07/25/25 | USD | 41 | MXN | 795 |  |
| Morgan Stanley | 07/30/25 | ZAR | 17946 | USD | 966 | (24) |
| Morgan Stanley | 08/15/25 | COP | 12467000 | USD | 2931 | (38) |
| RBC | 06/03/25 | USD | 391 | PLN | 1480 | 4 |
| SCB Securities | 06/03/25 | USD | 450 | BRL | 2557 | (4) |
| SCB Securities | 06/03/25 | USD | 884 | HUF | 314800 | 1 |
| SCB Securities | 06/03/25 | EUR | 7287 | PLN | 31250 | 71 |
| SCB Securities | 06/03/25 | EUR | 9573 | RON | 47800 | (153) |
| SCB Securities | 06/03/25 | USD | 11174 | RON | 49000 | (189) |
| SCB Securities | 06/03/25 | USD | 15513 | CZK | 340140 | (40) |
| SCB Securities | 06/03/25 | USD | 20703 | PLN | 77965 | 117 |
| SCB Securities | 06/03/25 | HUF | 33000 | EUR | 81 |  |
| SCB Securities | 06/03/25 | UZS | 25000000 | USD | 1921 | (34) |
| SCB Securities | 06/05/25 | USD | 421 | IDR | 6984402 | 7 |
| SCB Securities | 06/05/25 | IDR | 6984402 | USD | 428 |  |
| SCB Securities | 06/12/25 | USD | 1551 | UZS | 20500000 | 51 |
| SCB Securities | 06/16/25 | UZS | 25000000 | USD | 1954 | (1) |
| SCB Securities | 06/18/25 | USD | 605 | EUR | 552 | 22 |
| SCB Securities | 06/18/25 | EUR | 4479 | USD | 5100 | 10 |
| SCB Securities | 06/18/25 | EUR | 4968 | USD | 5508 | (138) |
| SCB Securities | 06/23/25 | USD | 1383 | NGN | 2236923 | 18 |
| SCB Securities | 06/27/25 | USD | 7003 | INR | 600618 | 8 |
| SCB Securities | 06/27/25 | ZAR | 90651 | USD | 5012 | 1 |
| SCB Securities | 07/02/25 | USD | 428 | IDR | 6984402 | (1) |
| SCB Securities | 07/02/25 | EUR | 620 | RON | 3150 |  |
| SCB Securities | 07/02/25 | USD | 771 | HUF | 274800 |  |
| SCB Securities | 07/02/25 | EUR | 7333 | PLN | 31250 | 1 |
| SCB Securities | 07/02/25 | USD | 10516 | RON | 47010 | 6 |
| SCB Securities | 07/02/25 | USD | 15154 | CZK | 332900 | 7 |
| SCB Securities | 07/02/25 | USD | 21202 | PLN | 79445 | 4 |
| SCB Securities | 07/02/25 | HUF | 33000 | EUR | 81 |  |
| SCB Securities | 07/08/25 | USD | 489 | TRY | 19900 | (1) |
| SCB Securities | 07/21/25 | USD | 1373 | UZS | 18532534 | 76 |
| SCB Securities | 07/21/25 | PEN | 30930 | USD | 8352 | (160) |
| SCB Securities | 07/22/25 | USD | 1182 | UZS | 15996503 | 69 |
| SCB Securities | 08/13/25 | USD | 8025 | THB | 261300 | (16) |
| SCB Securities | 08/21/25 | EUR | 4640 | RON | 23700 | (9) |
| SCB Securities | 10/24/25 | USD | 979 | UZS | 13434368 | 72 |
| SCB Securities | 10/28/25 | USD | 981 | UZS | 13434368 | 70 |

---

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| SCB Securities | 10/30/25 | USD | 147 | UZS | 2005342 | $10 |
| SCB Securities | 11/06/25 | USD | 699 | UZS | 9549249 | 48 |
| SCB Securities | 11/13/25 | USD | 746 | UZS | 10096393 | 43 |
| SCB Securities | 11/20/25 | USD | 711 | UZS | 9522607 | 34 |
| Societe Generale | 06/03/25 | USD | 122 | CZK | 2700 | 1 |
| Societe Generale | 06/05/25 | PEN | 10601 | USD | 2888 | (31) |
| Societe Generale | 07/02/25 | RON | 1100 | EUR | 216 |  |
| Societe Generale | 07/03/25 | PEN | 10601 | USD | 2929 | 10 |
| Societe Generale | 07/07/25 | USD | 3035 | EGP | 162700 | 183 |
| Societe Generale | 07/08/25 | USD | 367 | TRY | 15200 | 5 |
| Societe Generale | 07/15/25 | USD | 2198 | KZT | 1138090 | 3 |
| Societe Generale | 08/25/25 | USD | 57 | EGP | 3000 |  |
| Standard Bank | 06/18/25 | PEN | 513 | USD | 138 | (4) |
| Standard Bank | 06/18/25 | USD | 1289 | IDR | 21300000 | 15 |
| Standard Bank | 06/18/25 | USD | 3079 | JPY | 436082 | (51) |
| Standard Bank | 06/18/25 | USD | 2198 | PEN | 8118 | 38 |
| Standard Bank | 06/18/25 | USD | 1209 | PEN | 4388 |  |
| Standard Bank | 06/18/25 | USD | 4703 | CNY | 33928 | 22 |
| Standard Bank | 06/18/25 | USD | 5154 | THB | 173191 | 130 |
| Standard Bank | 06/18/25 | MYR | 8046 | USD | 1848 | (49) |
| Standard Bank | 06/18/25 | THB | 11942 | USD | 363 | (1) |
| Standard Bank | 06/18/25 | USD | 12616 | MYR | 55452 | 458 |
| Standard Bank | 06/18/25 | USD | 17167 | TRY | 697302 | 272 |
| Standard Bank | 06/18/25 | USD | 136 | TRY | 5397 | (1) |
| Standard Bank | 06/18/25 | MXN | 92832 | USD | 4695 | (78) |
| Standard Bank | 06/18/25 | TRY | 241778 | USD | 5924 | (123) |
| Standard Bank | 06/18/25 | CLP | 728832 | USD | 750 | (21) |
| Standard Bank | 07/30/25 | USD | 4935 | ZAR | 89659 | 9 |
| Standard Bank | 07/30/25 | ZAR | 69623 | USD | 3666 | (173) |
| Standard Bank | 09/17/25 | TRY | 457657 | USD | 10027 | (431) |
| TD Securities | 06/03/25 | USD | 157 | BRL | 900 |  |
| TD Securities | 07/21/25 | PEN | 1340 | USD | 369 |  |
| UBS | 06/03/25 | BRL | 1730 | USD | 305 | 3 |
| UBS | 07/02/25 | BRL | 8139 | USD | 1428 | 19 |
| UBS | 08/13/25 | USD | 60 | THB | 2000 | 1 |
| UBS | 08/13/25 | THB | 30110 | USD | 922 | (1) |
|  |  |  |  |  |  | $(3188) |

---

A list of open OTC swap agreements held by the Fund at May 31, 2025, is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** |
| **Counterparty** | **Reference Entity/ Obligation** | **Pay Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| Bank of America | BAMD | 1.00% | Quarterly | 12/20/2029 | $1400 | $(6) | $26 | $(32) |
| JPMorgan Chase | JPMD | 1.00% | Quarterly | 12/20/2026 | 4900 | (16) | (24) | 8 |
| JPMorgan Chase | JPMD | 1.00% | Quarterly | 12/20/2029 | 600 | (3) | 9 | (12) |
| Morgan Stanley | MORD | 1.00% | Quarterly | 12/20/2025 | 3700 | (5) | 12 | (17) |
| Morgan Stanley | MORD | 1.00% | Quarterly | 12/20/2026 | 3000 | 35 | 22 | 13 |
| Morgan Stanley | MSCI | 1.00% | Quarterly | 12/20/2026 | 6400 | (4) | (13) | 9 |
| Morgan Stanley | Arab Republic of Egypt | 1.00% | Quarterly | 12/20/2028 | 2500 | 286 | 665 | (379) |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** (Continued)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Reference Entity/ Obligation** | **Pay Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| Morgan Stanley | MORD | 1.00% | Quarterly | 12/20/2029 | $7200 | $14 | $53 | $(39) |
| Morgan Stanley | MSCI | 1.00% | Quarterly | 12/20/2029 | 4500 | 154 | 142 | 12 |
|  |  |  |  |  |  | $455 | $892 | $(437) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** |
| **Counterparty** | **Reference Entity/ Obligation** | **Receive Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Depreciation<br> (Thousands)** |
| Morgan Stanley | MORD | 1.00% | Quarterly | 12/20/2029 | $700 | $(55) | $(44) | $(11) |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** | **Total Return Swap** |
| **Counterparty** | **Reference Entity/ Obligation** | **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional<br> Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/<br> Receipts<br> (Thousands)** | **Net Unrealized<br> Depreciation<br> (Thousands)** |
| JPMorgan Chase | JPEICRIG | ASSET RETURN | 1 SOFR-95 BPS | Monthly | 06/09/2025 | USD | 1970 | $(1) | $– | $(1) |

---

A list of open centrally cleared swap agreements held by the Fund at May 31, 2025, is as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | **Credit Default Swaps - Buy Protection** | |
| **Reference Entity/ Obligation** | **Pay Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| CDX.EM.43.V1 | 1.00% | Quarterly | 06/20/2030 | $2900 | $92 | $83 | $9 |
| ICE | 1.00% | Quarterly | 12/20/2029 | 3100 | 67 | 80 | (13) |
|  |  |  |  |  | $159 | $163 | $(4) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** |
| **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| 1-DAY BRL - CETIP | 15% | Annually | 01/02/2029 | BRL | 70955 | $654 | $1 | $653 |
| 2.6805% | 3-MONTH LIBOR | Quarterly | 03/19/2030 | KRW | 3396000 | (31) |  | (31) |
| 2.6645% | 3-MONTH LIBOR | Quarterly | 03/19/2030 | KRW | 3154000 | (29) |  | (29) |
| 3-MONTH JIBOR | 9.15% | Quarterly | 03/20/2039 | ZAR | 55800 | 28 | 28 |  |
| 2.2% | 6-MONTH EURIBOR | Annually | 03/19/2035 | EUR | 9600 | 285 | 45 | 240 |
| BZDIOVRA | 14.86% | Annually | 01/02/2029 | BRL | 67627 | 572 |  | 572 |
| 3.7797% | SOFRATE | Annually | 12/18/2054 | USD | 4460 | 206 |  | 206 |
| 2.2322% | 6-MONTH EURIBOR | Annually | 12/18/2034 | EUR | 3600 | 87 |  | 87 |
| BZDIOVRA | 15.38% | Annually | 01/02/2029 | BRL | 15256 | 178 |  | 178 |
| BZDIOVRA | 15.155% | Annually | 01/02/2029 | BRL | 24591 | 252 |  | 252 |
| SOFRRATE | 4.07% | Annually | 02/13/2030 | USD | 3366 | 67 | (1) | 68 |
| 6-MONTH CZK PRIBOR | 3.68% | Semi-Annually | 06/18/2030 | CZK | 135000 | 111 | (10) | 121 |
| 3.9% | 6-MONTH CZK - PRIBOR | Annually | 06/18/2035 | CZK | 175000 | (205) | 25 | (230) |
| 8.8% | COOVIBR | Quarterly | 06/18/2035 | COP | 21000000 | 100 | 4 | 96 |
| 6-MONTH HUF BUBOR | 6.4% | Semi-Annually | 06/18/2028 | HUF | 4200000 | 143 | (31) | 174 |
| THOR | 1.718% | Quarterly | 06/18/2030 | THB | 113000 | 50 |  | 50 |
| MIBOR | 5.96% | Semi-Annually | 06/18/2030 | INR | 2430000 | 340 |  | 340 |
| 6-MONTH HUF BUBOR | 6.71% | Semi-Annually | 06/18/2030 | HUF | 674200 | 48 |  | 48 |
| 6-MONTH WIBOR | 4.8% | Semi-Annually | 06/18/2028 | PLN | 20000 | 116 | (11) | 127 |
| 6-MONTH WIBOR | 4.8% | Semi-Annually | 06/18/2030 | PLN | 36000 | 312 | (37) | 349 |
| 5.05% | 6-MONTH WIBOR | Annually | 06/18/2035 | PLN | 32000 | (432) | 59 | (491) |
| 6-MONTH WIBOR | 4.9% | Semi-Annually | 06/18/2027 | PLN | 15000 | 59 | (7) | 66 |
| 6-MONTH HUF BUBOR | 6.62% | Semi-Annually | 06/18/2028 | HUF | 662700 | 33 |  | 33 |

---

------

SEI Institutional Investments Trust

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| 4.94% | CLICP | Semi-Annually | 06/18/2027 | CLP | 13700000 | $(161) | $(5) | $(156) |
| MIBOR | 5.94% | Semi-Annually | 06/18/2030 | INR | 120000 | 20 |  | 20 |
| CLICP | 5.155% | Semi-Annually | 06/18/2030 | CLP | 6620000 | 159 |  | 159 |
| 5.36% | CLICP | Semi-Annually | 06/18/2035 | CLP | 1890000 | (42) |  | (42) |
| 8.458% | MXIBTIEF | Monthly | 06/06/2035 | MXN | 290000 | (276) |  | (276) |
| MXIBTIEF | 8.12% | Monthly | 06/12/2030 | MXN | 370000 | 305 | 26 | 279 |
| BZDIOVRA | 14.77% | Annually | 01/02/2029 | BRL | 20902 | 158 |  | 158 |
| 8.986% | JIBAR3-MONTH | Quarterly | 06/18/2035 | ZAR | 88500 | (146) |  | (146) |
| 6-MONTH HUF BUBOR | 6.75% | Semi-Annually | 06/18/2030 | HUF | 561600 | 43 |  | 43 |
| 4.625% | 6-MONTH WIBOR | Annually | 04/07/2035 | PLN | 6600 | (26) |  | (26) |
| 7.86% | MXIBTIEF | Monthly | 06/12/2030 | MXN | 81450 | (22) |  | (22) |
| 7.85% | MXIBTIEF | Monthly | 06/12/2030 | MXN | 65150 | (16) |  | (16) |
| THOR | 1.3% | Quarterly | 06/18/2028 | THB | 210000 | (7) |  | (7) |
| 6-MONTH CZK PRIBOR | 3.26% | Semi-Annually | 06/18/2030 | CZK | 111900 | (9) |  | (9) |
| COOVIBR | 8.03% | Quarterly | 05/06/2027 | COP | 30385000 | (21) |  | (21) |
| 8.91% | COOVIBR | Quarterly | 05/06/2035 | COP | 8560000 | 25 |  | 25 |
| 6-MONTH CZK PRIBOR | 3.195% | Semi-Annually | 06/18/2028 | CZK | 280800 | (2) |  | (2) |
| COOVIBR | 7.74% | Quarterly | 09/17/2027 | COP | 31800000 | (49) |  | (49) |
| 8.87% | COOVIBR | Quarterly | 09/17/2035 | COP | 8900000 | 37 |  | 37 |
| BZDIOVRA | 13.3125% | Annually | 01/02/2029 | BRL | 26076 | (26) |  | (26) |
| ILS-SHIR-OIS COMPOUND | 3.96% | Annually | 06/18/2030 | ILS | 21200 | (39) |  | (39) |
| MXIBTIEF | 7.5775% | Monthly | 06/14/2028 | MXN | 211900 | 9 |  | 9 |
| 7.8% | MXIBTIEF | Monthly | 06/12/2030 | MXN | 138100 | (19) |  | (19) |
| MXIBTIEF | 7.6345% | Monthly | 09/13/2028 | MXN | 150000 | 21 |  | 21 |
| 6.945% | JIBAR3-MONTH | Quarterly | 09/17/2026 | ZAR | 301000 | (2) |  | (2) |
| 3-MONTH JIBAR | 7.065% | Quarterly | 09/17/2028 | ZAR | 106600 | (4) |  | (4) |
| CNRR007 Index | 1.416% | Quarterly | 12/17/2029 | CNY | 114877 | (46) |  | (46) |
| MIBOR | 6.08% | Semi-Annually | 12/19/2029 | INR | 1600000 | 313 |  | 313 |
| 6-MONTH CZK PRIBOR | 3.6745% | Semi-Annually | 12/20/2034 | CZK | 305520 | 108 | (11) | 119 |
| 6-MONTH CZK PRIBOR | 3.612% | Semi-Annually | 12/20/2030 | CZK | 29700 | 19 |  | 19 |
| 6-MONTH CZK PRIBOR | 3.597% | Semi-Annually | 12/20/2028 | CZK | 42930 | 24 |  | 24 |
| 6-MONTH WIBOR | 5.0295% | Semi-Annually | 12/20/2034 | PLN | 7300 | 96 |  | 96 |
| MXN - Overnight TIIE Funding Rate | 8.89% | Monthly | 12/18/2026 | MXN | 781642 | 792 | (25) | 817 |
| BRL OVERNIGHT CDI (CETIP) RATE | 15.69% | Annually | 01/04/2027 | BRL | 68800 | 287 |  | 287 |
| BRL OVERNIGHT CDI (CETIP) RATE | 15.26% | Annually | 01/02/2029 | BRL | 32300 | 355 |  | 355 |
| MXN - Overnight TIIE Funding Rate | 9.002% | Monthly | 12/08/2034 | MXN | 12300 | 36 | 12 | 24 |
| MXN - Overnight TIIE Funding Rate | 8.905% | Monthly | 12/18/2026 | MXN | 354358 | 363 |  | 363 |
| THOR | 1.9045% | Quarterly | 12/20/2029 | THB | 277700 | 189 |  | 189 |
| MIBOR | 6.0675% | Semi-Annually | 02/03/2030 | INR | 519540 | 99 |  | 99 |
| MIBOR | 6.04% | Semi-Annually | 02/04/2030 | INR | 1195136 | 213 | (2) | 215 |
| MXN - OVERNIGHT TIIE FUNDING RATE | 8.5235% | Monthly | 02/20/2035 | MXN | 31100 | 38 | 8 | 30 |
| BRL OVERNIGHT CDI (CETIP) RATE | 14.45% | Annually | 01/04/2027 | BRL | 144250 | 123 | 19 | 104 |
| 2.0195% | THOR | Quarterly | 03/21/2035 | THB | 28100 | (22) |  | (22) |
| MIBOR | 5.7645% | Semi-Annually | 04/09/2030 | INR | 337000 | 15 | 2 | 13 |
| 6-MONTH WIBOR | 4.0405% | Semi-Annually | 04/11/2030 | PLN | 12614 | (14) |  | (14) |
| 6-MONTH WIBOR | 4.325% | Semi-Annually | 04/15/2035 | PLN | 26800 | (63) |  | (63) |
| 1.1% | 1-DAY JPOIS | Annually | 09/18/2034 | JPY | 1395000 | 73 | (38) | 111 |
| 2.4% | 6-MONTH EURIBOR | Annually | 03/20/2054 | EUR | 1500 | 71 | 46 | 25 |
| SOFR | 4% | Annually | 09/18/2034 | USD | 19000 | 243 | 154 | 89 |
| 4.6% | 1-DAY SONIA | Annually | 09/17/2055 | GBP | 4000 | (60) | (9) | (51) |
| 2.8% | THOR | Quarterly | 03/20/2034 | THB | 170000 | (442) | (116) | (326) |
|  |  |  |  |  |  | $5664 | $126 | $5538 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Emerging Markets Debt Fund** (Concluded)

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $1,676,351 ($ Thousands). |
| (A) | Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
| (B) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (C) | No interest rate available. |
| (D) | 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 May 31, 2025, the value of these securities amounted to $123,034 ($ Thousands), representing 7.3% of the Net Assets of the Fund. |
| (E) | Interest rate represents the security's effective yield at the time of purchase. |
| (F) | Security is in default on interest payment. |
| (G) | Security considered restricted, excluding 144A. The total market value of such securities as of May 31, 2025 was $8 ($ Thousands) and represented 0.0% of the Net Assets of the Fund. See table below for acquisition dates and acquisition cost. |
| (H) | Level 3 security in accordance with fair value hierarchy. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)<sup>(1)</sup>** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Global Bonds |  | 1541358 |  | 1541358 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations |  | 37832 |  | 37832 |
| &nbsp;&nbsp;&nbsp; Loan Participation Notes |  | 8341 | 1911 | 10252 |
| &nbsp;&nbsp;&nbsp; Purchased Options | 2279 | – | – | 2279 |
|  Total Investments in Securities | 2279 | 1587531 | 1911 | 1591721 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Written Options | (768) |  |  | (768) |
| &nbsp;&nbsp;&nbsp; Written Swaptions |  | (291) |  | (291) |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (66) |  |  | (66) |
| &nbsp;&nbsp;&nbsp; Forward Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation |  | 7876 |  | 7876 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation |  | (11064) |  | (11064) |
| &nbsp;&nbsp;&nbsp; OTC Swaps |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Credit Default Swaps\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation |  | 42 |  | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation |  | (490) |  | (490) |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Return Swap\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation |  | (1) |  | (1) |
| &nbsp;&nbsp;&nbsp; Centrally Cleared Swaps |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Credit Default Swaps\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation |  | 9 |  | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation |  | (13) |  | (13) |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Swaps\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation |  | 7703 |  | 7703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | – | (2165) |  | (2165) |
| Total Other Financial Instruments | (834) | 1606 |  | 772 |

---

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

(1) Of the $1,911 ($ Thousands) in Level 3 securities as of May 31, 2025, $1,911 ($ Thousands) or 0.1% of the Net Assets of the Fund are not valued via third party pricing vendors and broker quotes. If significant, the disclosure of the unobservable inputs and the interrelationships and sensitivity between these inputs are required for those Level 3 securities that are not valued by third party pricing vendors or broker quotes.

For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: | A list of the restricted securities, excluding 144a, held by the Fund at May 31, 2025, is as follows: |
| Description | Face Amount ($ Thousands) | Acquisition Date | Cost ($ Thousands) | Market Value<br> ($ Thousands) |
| **Global Bond** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vnesheconombank Via VEB Finance | $240 | 9/28/2011 | $241 | $8 |
|  |  |  | $241 | $8 |

---

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Real Return Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS — 99.4%** | **U.S. TREASURY OBLIGATIONS — 99.4%** | **U.S. TREASURY OBLIGATIONS — 99.4%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Inflation Indexed Bonds  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.125%, 04/15/2029  | $16551 | $16959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.625%, 10/15/2029  | 17074 | 17232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.625%, 04/15/2030  | 9233 | 9260 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Inflation-Protected Securities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/15/2029  | 6766 | 7380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 04/15/2028  | 5851 | 6221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 01/15/2029  | 5301 | 5503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 01/15/2027  | 6096 | 6206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 10/15/2028  | 15778 | 16347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 01/15/2028  | 5720 | 5785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.625%, 10/15/2027  | 15522 | 15702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 04/15/2028  | 15315 | 15260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.875%, 01/15/2029  | 10582 | 10383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.750%, 07/15/2028  | 12140 | 11962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.500%, 01/15/2028  | 14044 | 13752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.375%, 01/15/2027  | 12385 | 12214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.375%, 07/15/2027  | 13744 | 13547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.250%, 07/15/2029  | 12621 | 12061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.125%, 07/15/2026  | 13400 | 13286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.125%, 10/15/2026  | 15126 | 14949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.125%, 04/15/2027  | 15475 | 15142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.125%, 01/15/2030  | 14241 | 13365 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |
| &nbsp;&nbsp;&nbsp; (Cost $250,208) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $250,208) ($ Thousands) | 252516 |
| Total Investments in Securities — 99.4% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $250,208) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $250,208) ($ Thousands)  | $252516 |

---

Percentages are based on Net Assets of $254,149 ($ Thousands).<br>

As of May 31, 2025, all of the Fund's investments were considered Level 2, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.<br>

For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Limited Duration Bond Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS — 32.1%** | **U.S. TREASURY OBLIGATIONS — 32.1%** | **U.S. TREASURY OBLIGATIONS — 32.1%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/31/2030  | $1975 | $1979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 05/31/2027  | 117925 | 117879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 05/15/2028  | 57732 | 57561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 05/31/2028  | 49250 | 48911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 06/30/2027  | 110980 | 109588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 08/31/2027  | 70065 | 68926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 03/31/2027  | 104280 | 101665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 12/31/2026  | 45075 | 43202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.500%, 10/31/2027  | 88610 | 81760 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |
| &nbsp;&nbsp;&nbsp; (Cost $630,087) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $630,087) ($ Thousands) | 631471 |
| **CORPORATE OBLIGATIONS — 28.6%** | **CORPORATE OBLIGATIONS — 28.6%** | **CORPORATE OBLIGATIONS — 28.6%** |
| **Communication Services — 0.4%** | **Communication Services — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; AT&T  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.300%, 06/01/2027  | 2000 | 1919 |
| &nbsp;&nbsp;&nbsp; Discovery Communications LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 05/15/2029  | 1500 | 1397 |
| &nbsp;&nbsp;&nbsp; Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.152%, 03/20/2028 (A) | 600 | 603 |
| &nbsp;&nbsp;&nbsp; T-Mobile USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/15/2027  | 640 | 632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 02/15/2026  | 2705 | 2658 |
| &nbsp;&nbsp;&nbsp; Warnermedia Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.755%, 03/15/2027  | 1900 | 1842 |
|  |  | 9051 |
| **Consumer Discretionary — 2.1%** | **Consumer Discretionary — 2.1%** |  |
| &nbsp;&nbsp;&nbsp; BMW US Capital LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 08/13/2026 (A) | 7395 | 7405 |
| &nbsp;&nbsp;&nbsp; Hyatt Hotels  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/30/2028  | 1515 | 1523 |
| &nbsp;&nbsp;&nbsp; Hyundai Capital America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 06/24/2026 (A) | 9115 | 9160 |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 06/15/2028  | 1220 | 1223 |
| &nbsp;&nbsp;&nbsp; Volkswagen Group of America Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 08/14/2026 (A) | 12540 | 12543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 11/13/2028 (A) | 680 | 673 |
| &nbsp;&nbsp;&nbsp; YMCA of Greater New York  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.303%, 08/01/2026  | 8590 | 8317 |
|  |  | 40844 |
| **Consumer Staples — 2.8%** | **Consumer Staples — 2.8%** |  |
| &nbsp;&nbsp;&nbsp; Altria Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 02/04/2028  | 915 | 923 |
| &nbsp;&nbsp;&nbsp; BAT Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.557%, 08/15/2027  | 1736 | 1698 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Bayer US Finance II LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 12/15/2028 (A) | $| 245 | $240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 12/15/2025 (A) |  | 580 | 578 |
| &nbsp;&nbsp;&nbsp; Bayer US Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 01/21/2029 (A) |  | 1445 | 1502 |
| &nbsp;&nbsp;&nbsp; Constellation Brands  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 12/06/2026  |  | 13315 | 13159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 08/01/2031  |  | 1090 | 934 |
| &nbsp;&nbsp;&nbsp; Japan Tobacco  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 05/15/2028 (A) |  | 915 | 924 |
| &nbsp;&nbsp;&nbsp; JBS USA Holding Lux SARL  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 02/01/2028  |  | 1270 | 1283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/02/2029  |  | 1025 | 964 |
| &nbsp;&nbsp;&nbsp; Mars  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 03/01/2030 (A) |  | 3090 | 3109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 03/01/2027 (A) |  | 14050 | 14064 |
| &nbsp;&nbsp;&nbsp; Philip Morris International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/12/2027  |  | 15005 | 15116 |
|  |  |  | 54494 |
| **Energy — 0.1%** | **Energy — 0.1%** | **Energy — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Energy Transfer  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 12/01/2025  |  | 748 | 750 |
| &nbsp;&nbsp;&nbsp; Plains All American Pipeline/PAA Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 12/15/2026  |  | 1500 | 1497 |
|  |  |  | 2247 |
| **Financials — 13.0%** | **Financials — 13.0%** | **Financials — 13.0%** |  |
| &nbsp;&nbsp;&nbsp; American Express  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.731%, SOFRRATE + 1.260%, 04/25/2029 (B) |  | 2980 | 2997 |
| &nbsp;&nbsp;&nbsp; Avolon Holdings Funding  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 02/15/2027 (A) |  | 990 | 960 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 02/21/2028 (A) |  | 580 | 545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.528%, 11/18/2027 (A) |  | 133 | 125 |
| &nbsp;&nbsp;&nbsp; Bank of America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.419%, TSFR3M + 1.302%, 12/20/2028 (B) |  | 4689 | 4550 |
| &nbsp;&nbsp;&nbsp; Bank of America MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.551%, SOFRRATE + 1.050%, 02/04/2028 (B) |  | 17360 | 16779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.087%, SOFRRATE + 1.060%, 06/14/2029 (B) |  | 885 | 822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.319%, SOFRRATE + 1.150%, 06/19/2026 (B) |  | 2515 | 2510 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.729%, SOFRRATE + 1.135%, 04/20/2029 (B) |  | 7540 | 7605 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.442%, TSFR3M + 1.331%, 02/07/2028 (B) |  | 1165 | 1148 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Citigroup  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.075%, TSFR3M + 1.454%, 04/23/2029 (B) | $11115 | $10938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.520%, TSFR3M + 1.413%, 10/27/2028 (B) | 1645 | 1601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.462%, SOFRRATE + 0.770%, 06/09/2027 (B) | 4295 | 4152 |
| &nbsp;&nbsp;&nbsp; Farmers Exchange Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.050%, 07/15/2028 (A) | 1095 | 1147 |
| &nbsp;&nbsp;&nbsp; General Electric MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.902%, TSFR3M + 0.642%, 05/05/2026 (B) | 330 | 330 |
| &nbsp;&nbsp;&nbsp; Global Payments  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.150%, 01/15/2027  | 1725 | 1657 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.691%, TSFR3M + 1.772%, 06/05/2028 (B) | 14620 | 14353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.542%, SOFRRATE + 0.818%, 09/10/2027 (B) | 5460 | 5242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.431%, SOFRRATE + 0.798%, 03/09/2027 (B) | 515 | 502 |
| &nbsp;&nbsp;&nbsp; Guardian Life Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.737%, 10/02/2028 (A) | 2925 | 3045 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.099%, SOFRRATE + 1.929%, 06/04/2026 (B) | 2455 | 2454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.013%, SOFRRATE + 1.732%, 09/22/2028 (B) | 1090 | 1025 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.040%, SOFRRATE + 1.190%, 01/23/2028 (B) | 6785 | 6833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.323%, SOFRRATE + 1.560%, 04/26/2028 (B) | 1670 | 1663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.947%, SOFRRATE + 1.170%, 02/24/2028 (B) | 11065 | 10772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.182%, SOFRRATE + 1.890%, 06/01/2028 (B) | 2000 | 1908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.578%, SOFRRATE + 0.885%, 04/22/2027 (B) | 2478 | 2413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.040%, TSFR3M + 0.695%, 02/04/2027 (B) | 3805 | 3713 |
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.462%, H15T1Y + 1.375%, 01/05/2028 (B) | 10615 | 10736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.627%, H15T1Y + 0.850%, 05/11/2027 (B) | 2375 | 2307 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 11/08/2027  | 8710 | 8746 |
| &nbsp;&nbsp;&nbsp; MassMutual Global Funding II MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 04/09/2027 (A) | 9490 | 9617 |
| &nbsp;&nbsp;&nbsp; Metropolitan Life Global Funding I  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 12/18/2026 (A) | 2500 | 2465 |
| &nbsp;&nbsp;&nbsp; Metropolitan Life Global Funding I MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 01/06/2028 (A) | 2000 | 2032 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.407%, SOFRRATE + 1.830%, 11/01/2029 (B) | $| 12960 | $13662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.593%, SOFRRATE + 0.879%, 05/04/2027 (B) |  | 900 | 875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.985%, SOFRRATE + 0.720%, 12/10/2026 (B) |  | 5078 | 4976 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Bank  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.968%, SOFRRATE + 0.930%, 07/14/2028 (B) |  | 2450 | 2471 |
| &nbsp;&nbsp;&nbsp; Nationwide Building Society MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.972%, SOFRRATE + 1.290%, 02/16/2028 (A)(B) |  | 2720 | 2644 |
| &nbsp;&nbsp;&nbsp; New York Life Global Funding MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 09/18/2026 (A) |  | 5834 | 5913 |
| &nbsp;&nbsp;&nbsp; Northwestern Mutual Global Funding  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.070%, 03/25/2027 (A) |  | 4405 | 4457 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.615%, SOFRINDX + 1.730%, 10/20/2027 (B) |  | 7470 | 7680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.582%, SOFRRATE + 1.841%, 06/12/2029 (B) |  | 970 | 998 |
| &nbsp;&nbsp;&nbsp; Principal Life Global Funding II  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/16/2027 (A) |  | 7965 | 8024 |
| &nbsp;&nbsp;&nbsp; Santander UK Group Holdings PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.673%, SOFRRATE + 0.989%, 06/14/2027 (B) |  | 1380 | 1333 |
| &nbsp;&nbsp;&nbsp; Toronto-Dominion Bank MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.693%, 09/15/2027  |  | 10800 | 10848 |
| &nbsp;&nbsp;&nbsp; UBS  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.864%, SOFRRATE + 0.720%, 01/10/2028 (B) |  | 12365 | 12426 |
| &nbsp;&nbsp;&nbsp; US Bancorp  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.787%, SOFRRATE + 1.880%, 10/26/2027 (B) |  | 325 | 334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.653%, SOFRRATE + 1.230%, 02/01/2029 (B) |  | 2215 | 2219 |
| &nbsp;&nbsp;&nbsp; Wells Fargo  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, SOFRRATE + 0.780%, 01/24/2028 (B) |  | 19480 | 19552 |
| &nbsp;&nbsp;&nbsp; Wells Fargo MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.574%, SOFRRATE + 1.740%, 07/25/2029 (B) |  | 5450 | 5591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.393%, SOFRRATE + 2.100%, 06/02/2028 (B) |  | 3945 | 3776 |
| &nbsp;&nbsp;&nbsp; Willis North America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 06/15/2027  |  | 615 | 617 |
|  |  |  | 256088 |
| **Health Care — 0.8%** | **Health Care — 0.8%** | **Health Care — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; AbbVie  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 03/15/2027  |  | 10395 | 10493 |
| &nbsp;&nbsp;&nbsp; Amgen  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 03/02/2028  |  | 2465 | 2510 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Limited Duration Bond Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; HCA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 02/15/2026  | $| 1500 | $1503 |
| &nbsp;&nbsp;&nbsp; Humana  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 04/01/2030  |  | 930 | 926 |
|  |  |  | 15432 |
| **Industrials — 3.7%** | **Industrials — 3.7%** | **Industrials — 3.7%** |  |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC / AerCap Global Aviation Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 04/15/2027  |  | 13415 | 13805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.450%, 10/29/2026  |  | 255 | 247 |
| &nbsp;&nbsp;&nbsp; Air Lease  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 07/01/2025  |  | 400 | 399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.200%, 01/15/2027  |  | 770 | 742 |
| &nbsp;&nbsp;&nbsp; Air Lease MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/25/2026  |  | 15735 | 15840 |
| &nbsp;&nbsp;&nbsp; BAE Systems Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 12/15/2025 (A) |  | 625 | 622 |
| &nbsp;&nbsp;&nbsp; Boeing  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.259%, 05/01/2027  |  | 1325 | 1362 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/20/2028 (A) |  | 15105 | 15047 |
| &nbsp;&nbsp;&nbsp; PACCAR Financial  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 11/25/2026  |  | 8315 | 8360 |
| &nbsp;&nbsp;&nbsp; SMBC Aviation Capital Finance DAC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 04/01/2030 (A) |  | 1055 | 1055 |
| &nbsp;&nbsp;&nbsp; Uber Technologies  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/15/2030  |  | 1328 | 1309 |
| &nbsp;&nbsp;&nbsp; Waste Management  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/15/2028  |  | 14260 | 14352 |
|  |  |  | 73140 |
| **Information Technology — 1.5%** | **Information Technology — 1.5%** | **Information Technology — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Dell International LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 04/01/2028  |  | 910 | 914 |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/25/2031 (A) |  | 1220 | 1236 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 09/25/2026  |  | 13515 | 13495 |
| &nbsp;&nbsp;&nbsp; Intel  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 02/10/2030  |  | 925 | 937 |
| &nbsp;&nbsp;&nbsp; Open Text  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.900%, 12/01/2027 (A) |  | 1610 | 1658 |
| &nbsp;&nbsp;&nbsp; Oracle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.119%, SOFRRATE + 0.760%, 08/03/2028 (B) |  | 8055 | 8067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 04/01/2027  |  | 1000 | 971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 03/25/2026  |  | 1865 | 1820 |
|  |  |  | 29098 |
| **Materials — 0.2%** | **Materials — 0.2%** | **Materials — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Amcor Flexibles North America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 03/17/2028 (A) |  | 640 | 642 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Berry Global  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/15/2028  | $| 765 | $779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 07/15/2026 (A) |  | 466 | 465 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.832%, 10/15/2027 (A) |  | 2120 | 1978 |
|  |  |  | 3864 |
| **Real Estate — 1.1%** | **Real Estate — 1.1%** | **Real Estate — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; American Tower  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/15/2028  |  | 3145 | 3208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 01/15/2028  |  | 175 | 171 |
| &nbsp;&nbsp;&nbsp; Crown Castle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 02/15/2028  |  | 3700 | 3615 |
| &nbsp;&nbsp;&nbsp; Digital Realty Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 07/01/2029  |  | 615 | 592 |
| &nbsp;&nbsp;&nbsp; DOC DR LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 03/15/2027  |  | 1880 | 1869 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/15/2029  |  | 1230 | 1195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 12/15/2027  |  | 1625 | 1597 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 04/01/2028  |  | 1195 | 1228 |
| &nbsp;&nbsp;&nbsp; GLP Capital LP / GLP Financing II  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 01/15/2029  |  | 1000 | 1001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 01/15/2031  |  | 1370 | 1274 |
| &nbsp;&nbsp;&nbsp; Healthcare Realty Holdings LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 08/01/2026  |  | 1625 | 1597 |
| &nbsp;&nbsp;&nbsp; Hudson Pacific Properties LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 04/01/2029  |  | 630 | 456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 11/01/2027  |  | 52 | 46 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 01/15/2030  |  | 375 | 253 |
| &nbsp;&nbsp;&nbsp; LXP Industrial Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 11/15/2028  |  | 1690 | 1779 |
| &nbsp;&nbsp;&nbsp; VICI Properties  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 02/01/2027 (A) |  | 725 | 732 |
| &nbsp;&nbsp;&nbsp; VICI Properties LP / VICI Note Co  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/15/2030 (A) |  | 310 | 292 |
|  |  |  | 20905 |
| **Utilities — 2.9%** | **Utilities — 2.9%** | **Utilities — 2.9%** |  |
| &nbsp;&nbsp;&nbsp; Alliant Energy Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 03/30/2029 (A) |  | 1565 | 1621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.400%, 03/15/2026 (A) |  | 2030 | 1975 |
| &nbsp;&nbsp;&nbsp; American Electric Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 11/01/2027  |  | 550 | 566 |
| &nbsp;&nbsp;&nbsp; Eversource Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 03/01/2027  |  | 2505 | 2435 |
| &nbsp;&nbsp;&nbsp; FirstEnergy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 07/15/2027  |  | 12230 | 12055 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Pennsylvania Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 03/30/2026 (A) |  | 665 | 667 |
| &nbsp;&nbsp;&nbsp; Georgia Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.004%, 02/23/2027  |  | 11190 | 11337 |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; ITC Holdings  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/22/2027 (A) | $| 2100 | $| 2114 |
| &nbsp;&nbsp;&nbsp; National Rural Utilities Cooperative Finance MTN  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 02/05/2027  |  | 10825 |  | 10910 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Capital Holdings  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.158%, SOFRINDX + 0.800%, 02/04/2028 (B) |  | 8485 |  | 8498 |
| &nbsp;&nbsp;&nbsp; Vistra Operations LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 12/30/2026 (A) |  | 5360 |  | 5374 |
|  |  |  |  | 57552 |
|  Total Corporate Obligations |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $559,055) ($ Thousands) |  |  |  | 562715 |
| **ASSET-BACKED SECURITIES — 21.0%** | **ASSET-BACKED SECURITIES — 21.0%** | **ASSET-BACKED SECURITIES — 21.0%** | **ASSET-BACKED SECURITIES — 21.0%** | **ASSET-BACKED SECURITIES — 21.0%** |
| **Automotive — 8.8%** | **Automotive — 8.8%** | **Automotive — 8.8%** |  |  |
| &nbsp;&nbsp;&nbsp; Ally Bank Auto Credit-Linked Notes, Ser 2024-A, Cl D |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.315%, 05/17/2032 (A) |  | 1072 |  | 1081 |
| &nbsp;&nbsp;&nbsp; AmeriCredit Automobile Receivables Trust, Ser 2021-1, Cl D |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.210%, 12/18/2026  |  | 1171 |  | 1169 |
| &nbsp;&nbsp;&nbsp; AmeriCredit Automobile Receivables Trust, Ser 2022-2, Cl C |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.320%, 04/18/2028  |  | 3000 |  | 3018 |
| &nbsp;&nbsp;&nbsp; ARI Fleet Lease Trust, Ser 2023-B, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.890%, 07/15/2032 (A) |  | 2424 |  | 2469 |
| &nbsp;&nbsp;&nbsp; AutoNation Finance Trust, Ser 2025-1A, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.620%, 11/13/2029 (A) |  | 2430 |  | 2438 |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, Ser 2021-2A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.660%, 02/20/2028 (A) |  | 4478 |  | 4286 |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, Ser 2022-1A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.830%, 08/21/2028 (A) |  | 19080 |  | 18791 |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, Ser 2023-5A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.780%, 04/20/2028 (A) |  | 5735 |  | 5839 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust, Ser 2023-2, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.180%, 11/15/2028  |  | 1000 |  | 1009 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust, Ser 2024-1, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.170%, 08/15/2029  |  | 4120 |  | 4158 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust, Ser 2024-2, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/16/2029  |  | 3700 |  | 3749 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust, Ser 2024-3, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.890%, 07/16/2029  |  | 11420 |  | 11501 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust, Ser 2024-A, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 01/15/2030  |  | 11025 |  | 11163 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Carmax Auto Owner Trust, Ser 2025-1, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.840%, 01/15/2030  | $4065 | $4101 |
| &nbsp;&nbsp;&nbsp; Credit Acceptance Auto Loan Trust, Ser 2025-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.020%, 03/15/2035 (A) | 8650 | 8702 |
| &nbsp;&nbsp;&nbsp; Drive Auto Receivables Trust, Ser 2021-2, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.390%, 03/15/2029  | 1205 | 1195 |
| &nbsp;&nbsp;&nbsp; DT Auto Owner Trust, Ser 2021-4A, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.990%, 09/15/2027 (A) | 1311 | 1289 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC, Ser 2024-4, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.560%, 11/20/2028 (A) | 9420 | 9437 |
| &nbsp;&nbsp;&nbsp; Exeter Automobile Receivables Trust, Ser 2022-6A, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.320%, 05/15/2028  | 1859 | 1868 |
| &nbsp;&nbsp;&nbsp; Flagship Credit Auto Trust, Ser 2020-3, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 09/15/2026 (A) | 1195 | 1189 |
| &nbsp;&nbsp;&nbsp; Ford Credit Floorplan Master Owner Trust A, Ser 2024-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.290%, 04/15/2029 (A) | 4310 | 4373 |
| &nbsp;&nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Ser 2021-3A, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.480%, 07/15/2027 (A) | 2220 | 2187 |
| &nbsp;&nbsp;&nbsp; Huntington Bank Auto Credit-Linked Notes Series, Ser 2024-2, Cl B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.442%, 10/20/2032 (A) | 1360 | 1368 |
| &nbsp;&nbsp;&nbsp; Hyundai Auto Receivables Trust, Ser 2023-B, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.310%, 08/15/2029  | 194 | 197 |
| &nbsp;&nbsp;&nbsp; LAD Auto Receivables Trust, Ser 2023-2A, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.580%, 09/15/2028 (A) | 2180 | 2199 |
| &nbsp;&nbsp;&nbsp; LAD Auto Receivables Trust, Ser 2024-3A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.520%, 03/15/2029 (A) | 2500 | 2500 |
| &nbsp;&nbsp;&nbsp; Navistar Financial Dealer Note Master Owner Trust, Ser 2024-1, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.790%, 04/25/2029 (A) | 1895 | 1908 |
| &nbsp;&nbsp;&nbsp; NextGear Floorplan Master Owner Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.120%, 03/15/2029 (A) | 14550 | 14703 |
| &nbsp;&nbsp;&nbsp; NextGear Floorplan Master Owner Trust, Ser 2024-2A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.870%, 09/15/2029 (A) | 4400 | 4364 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Lease Trust, Ser 2025-A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.030%, 02/15/2029  | 3935 | 3962 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Lease Trust, Ser 2025-A, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.110%, 06/15/2029  | 3935 | 3963 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2022-4, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 11/15/2029  | 3185 | 3194 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Limited Duration Bond Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; SFS Auto Receivables Securitization Trust, Ser 2024-3A, Cl A3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 06/20/2030 (A) | $| 12900 | $12917 |
| &nbsp;&nbsp;&nbsp; Toyota Auto Loan Extended Note Trust, Ser 2022-1A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.820%, 04/25/2035 (A) |  | 8360 | 8261 |
| &nbsp;&nbsp;&nbsp; US Bank, Ser 2023-1, Cl B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.789%, 08/25/2032 (A) |  | 758 | 767 |
| &nbsp;&nbsp;&nbsp; Westlake Automobile Receivables Trust, Ser 2023-1A, Cl B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.410%, 01/18/2028 (A) |  | 2940 | 2943 |
| &nbsp;&nbsp;&nbsp; Westlake Automobile Receivables Trust, Ser 2025-P1, Cl A3 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.580%, 06/15/2029 (A) |  | 2920 | 2925 |
| &nbsp;&nbsp;&nbsp; Westlake Automobile Receivables Trust, Ser 2025-P1, Cl A4 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.660%, 04/15/2030 (A) |  | 2670 | 2681 |
|  |  |  | 173864 |
| **Credit Cards — 1.9%** | **Credit Cards — 1.9%** | **Credit Cards — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; BA Credit Card Trust, Ser 2023-A2, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.980%, 11/15/2028  |  | 5389 | 5439 |
| &nbsp;&nbsp;&nbsp; BA Credit Card Trust, Ser 2024-A1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.930%, 05/15/2029  |  | 9175 | 9291 |
| &nbsp;&nbsp;&nbsp; Capital One Multi-Asset Execution Trust, Ser 2024-A1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.920%, 09/15/2029  |  | 4500 | 4471 |
| &nbsp;&nbsp;&nbsp; Evergreen Credit Card Trust, Ser 2025-CRT5, Cl B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.240%, 05/15/2029 (A) |  | 4900 | 4932 |
| &nbsp;&nbsp;&nbsp; Golden Credit Card Trust, Ser 2021-1A, Cl B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.440%, 08/15/2028 (A) |  | 12209 | 11687 |
| &nbsp;&nbsp;&nbsp; Synchrony Card Funding LLC, Ser 2024-A1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.040%, 03/15/2030  |  | 1920 | 1943 |
|  |  |  | 37763 |
| **Mortgage Related Securities — 0.1%** | **Mortgage Related Securities — 0.1%** | **Mortgage Related Securities — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Nationstar Home Equity Loan Trust, Ser 2007-B, Cl 2AV4 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.079%, TSFR1M + 0.754%, 04/25/2037 (B) |  | 367 | 364 |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2024-CES1, Cl A1A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.025%, 02/25/2044 (A)(B) |  | 1604 | 1610 |
|  |  |  | 1974 |
| **Other Asset-Backed Securities — 10.2%** | **Other Asset-Backed Securities — 10.2%** | **Other Asset-Backed Securities — 10.2%** |  |
| &nbsp;&nbsp;&nbsp; AIMCO CLO Series, Ser 2025-AA, Cl XR2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.170%, TSFR3M + 0.900%, 01/20/2038 (A)(B) |  | 2850 | 2850 |
| &nbsp;&nbsp;&nbsp; Aligned Data Centers Issuer LLC, Ser 2021-1A, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.937%, 08/15/2046 (A) |  | 3450 | 3315 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Ameriquest Mortgage Securities Asset-Backed Pass-Through Ctfs Ser, Ser 2005-R7, Cl M4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.354%, TSFR1M + 1.029%, 09/25/2035 (B) | $2790 | $2701 |
| &nbsp;&nbsp;&nbsp; Ameriquest Mortgage Securities Asset-Backed Pass-Through, Ser 2005-R9, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.144%, TSFR1M + 0.819%, 11/25/2035 (B) | 546 | 538 |
| &nbsp;&nbsp;&nbsp; AMMC CLO 15, Ser 2021-15A, Cl AR3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.638%, TSFR3M + 1.382%, 01/15/2032 (A)(B) | 56 | 56 |
| &nbsp;&nbsp;&nbsp; AMSR 2020-SFR2 Trust, Ser 2020-SFR2, Cl G |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/17/2037 (A) | 3013 | 3001 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XII, Ser 2024-12A, Cl ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.336%, TSFR3M + 1.080%, 04/15/2031 (A)(B) | 2188 | 2187 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXII, Ser 2020-22A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.591%, TSFR3M + 1.322%, 04/20/2031 (A)(B) | 580 | 580 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXXII, Ser 2024-32A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.370%, TSFR3M + 1.100%, 01/20/2033 (A)(B) | 1493 | 1493 |
| &nbsp;&nbsp;&nbsp; Bain Capital Credit CLO, Ser 2024-6A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.360%, TSFR3M + 1.090%, 10/21/2034 (A)(B) | 3400 | 3396 |
| &nbsp;&nbsp;&nbsp; Barings CLO, Ser 2024-4A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.406%, TSFR3M + 1.150%, 10/15/2030 (A)(B) | 2629 | 2629 |
| &nbsp;&nbsp;&nbsp; Bear Stearns Asset Backed Securities Trust, Ser 2006-HE9, Cl 1A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.739%, TSFR1M + 0.414%, 11/25/2036 (B) | 1748 | 1727 |
| &nbsp;&nbsp;&nbsp; Carbone CLO, Ser 2017-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.671%, TSFR3M + 1.402%, 01/20/2031 (A)(B) | 763 | 763 |
| &nbsp;&nbsp;&nbsp; Cedar Funding VII CLO, Ser 2024-7A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, TSFR3M + 1.080%, 01/20/2031 (A)(B) | 2090 | 2090 |
| &nbsp;&nbsp;&nbsp; Citigroup Mortgage Loan Trust, Ser 2006-AMC1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.729%, TSFR1M + 0.404%, 09/25/2036 (A)(B) | 1191 | 1152 |
| &nbsp;&nbsp;&nbsp; CLI Funding VI LLC, Ser 2020-3A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.070%, 10/18/2045 (A) | 3245 | 3000 |
| &nbsp;&nbsp;&nbsp; DataBank Issuer, Ser 2021-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.060%, 02/27/2051 (A) | 1027 | 1001 |
| &nbsp;&nbsp;&nbsp; DLLAA LLC, Ser 2025-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/20/2029 (A) | 6300 | 6369 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza Master Issuer LLC, Ser 2015-1A, Cl A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.474%, 10/25/2045 (A) | 3478 | 3467 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Domino's Pizza Master Issuer LLC, Ser 2018-1A, Cl A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.328%, 07/25/2048 (A) | $1422 | $1404 |
| &nbsp;&nbsp;&nbsp; Dryden CLO, Ser 2024-72A, Cl ARR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.426%, TSFR3M + 1.100%, 05/15/2032 (A)(B) | 2546 | 2545 |
| &nbsp;&nbsp;&nbsp; Dryden Senior Loan Fund, Ser 2018-41A, Cl BR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.818%, TSFR3M + 1.562%, 04/15/2031 (A)(B) | 1000 | 1001 |
| &nbsp;&nbsp;&nbsp; FirstKey Homes Trust, Ser 2020-SFR1, Cl G |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.781%, 08/17/2037 (A) | 1410 | 1402 |
| &nbsp;&nbsp;&nbsp; FirstKey Homes Trust, Ser 2022-SFR2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 07/17/2039 (A) | 9155 | 9046 |
| &nbsp;&nbsp;&nbsp; Fremont Home Loan Trust, Ser 2005-E, Cl 2A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.099%, TSFR1M + 0.774%, 01/25/2036 (B) | 1529 | 1474 |
| &nbsp;&nbsp;&nbsp; Galaxy XXII CLO, Ser 2024-22A, Cl ARRR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.501%, TSFR3M + 1.240%, 04/16/2034 (A)(B) | 1500 | 1500 |
| &nbsp;&nbsp;&nbsp; GCI Funding I LLC, Ser 2021-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.380%, 06/18/2046 (A) | 1459 | 1331 |
| &nbsp;&nbsp;&nbsp; Goldentree Loan Management US CLO, Ser 2024-11A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, TSFR3M + 1.080%, 10/20/2034 (A)(B) | 1700 | 1698 |
| &nbsp;&nbsp;&nbsp; Greenwood Park CLO Ltd., Ser 2018-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.528%, TSFR3M + 1.272%, 04/15/2031 (A)(B) | 480 | 480 |
| &nbsp;&nbsp;&nbsp; GSAA Home Equity Trust, Ser 2005-6, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.084%, TSFR1M + 0.759%, 06/25/2035 (B) | 14 | 14 |
| &nbsp;&nbsp;&nbsp; GSAA Home Equity Trust, Ser 2007-8, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.339%, TSFR1M + 1.014%, 08/25/2037 (B) | 135 | 133 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations Trust, Ser 2020-AA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.740%, 02/25/2039 (A) | 906 | 880 |
| &nbsp;&nbsp;&nbsp; Home Partners of America Trust, Ser 2021-2, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.302%, 12/17/2026 (A) | 864 | 826 |
| &nbsp;&nbsp;&nbsp; HSI Asset Securitization Trust, Ser 2006-OPT2, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.024%, TSFR1M + 0.699%, 01/25/2036 (B) | 158 | 157 |
| &nbsp;&nbsp;&nbsp; Jersey Mike's Funding LLC, Ser 2019-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.433%, 02/15/2050 (A) | 988 | 978 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Acquisition Trust, Ser 2007-CH4, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.669%, TSFR1M + 0.344%, 05/25/2037 (B) | 2921 | 2857 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; LCM XXIV, Ser 2021-24A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.511%, TSFR3M + 1.242%, 03/20/2030 (A)(B) | $368 | $368 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley ABS Capital I Trust, Ser 2006-NC3, Cl A2D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.979%, TSFR1M + 0.654%, 03/25/2036 (B) | 421 | 412 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley ABS Capital I Trust, Ser 2007-HE7, Cl A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.439%, TSFR1M + 1.114%, 07/25/2037 (B) | 285 | 283 |
| &nbsp;&nbsp;&nbsp; MVW LLC, Ser 2021-1WA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.140%, 01/22/2041 (A) | 1087 | 1037 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2020-DA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.690%, 05/15/2069 (A) | 1906 | 1788 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2020-FA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.220%, 07/15/2069 (A) | 3242 | 3007 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2020-GA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.170%, 09/16/2069 (A) | 1230 | 1135 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2020-HA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.310%, 01/15/2069 (A) | 1142 | 1069 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2021-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.840%, 05/15/2069 (A) | 2416 | 2189 |
| &nbsp;&nbsp;&nbsp; Navient Private Education Refi Loan Trust, Ser 2021-BA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.940%, 07/15/2069 (A) | 6279 | 5677 |
| &nbsp;&nbsp;&nbsp; New Century Home Equity Loan Trust, Ser 2006-1, Cl A2B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.799%, TSFR1M + 0.474%, 05/25/2036 (B) | 1249 | 1249 |
| &nbsp;&nbsp;&nbsp; Newcastle Mortgage Securities Trust, Ser 2007-1, Cl 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.629%, TSFR1M + 0.304%, 04/25/2037 (B) | 1132 | 1093 |
| &nbsp;&nbsp;&nbsp; Octagon Investment Partners 51, Ser 2025-1A, Cl AR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.260%, TSFR3M + 0.990%, 07/20/2034 (A)(B) | 2000 | 1994 |
| &nbsp;&nbsp;&nbsp; Octagon Investment Partners XXI, Ser 2025-1A, Cl A2R4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.458%, TSFR3M + 1.150%, 02/14/2031 (A)(B) | 2400 | 2389 |
| &nbsp;&nbsp;&nbsp; Ownit Mortgage Loan Trust Series, Ser 2006-3, Cl A2D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.979%, TSFR1M + 0.654%, 03/25/2037 (B) | 1536 | 1481 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Limited Duration Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Palmer Square Loan Funding, Ser 2024-3A, Cl A1BR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.656%, TSFR3M + 1.400%, 04/15/2031 (A)(B) | $3400 | $3396 |
| &nbsp;&nbsp;&nbsp; People's Choice Home Loan Securities Trust, Ser 2005-4, Cl 1A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.119%, TSFR1M + 0.794%, 12/25/2035 (B) | 255 | 252 |
| &nbsp;&nbsp;&nbsp; PFS Financing, Ser 2024-B, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 02/15/2029 (A) | 750 | 755 |
| &nbsp;&nbsp;&nbsp; PK ALIFT Loan Funding 4, Ser 2024-2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.052%, 10/15/2039 (A) | 1600 | 1588 |
| &nbsp;&nbsp;&nbsp; Progress Residential Trust, Ser 2022-SFR2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 04/17/2027 (A) | 1702 | 1649 |
| &nbsp;&nbsp;&nbsp; Regatta XIII Funding, Ser 2024-2A, Cl A1R |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.356%, TSFR3M + 1.100%, 07/15/2031 (A)(B) | 1641 | 1641 |
| &nbsp;&nbsp;&nbsp; Rockford Tower CLO, Ser 2018-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.691%, TSFR3M + 1.422%, 10/20/2031 (A)(B) | 1136 | 1137 |
| &nbsp;&nbsp;&nbsp; Rockford Tower CLO, Ser 2019-2A, Cl AR2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.452%, TSFR3M + 1.130%, 08/20/2032 (A)(B) | 2849 | 2851 |
| &nbsp;&nbsp;&nbsp; Sabey Data Center Issuer LLC, Ser 2021-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.881%, 06/20/2046 (A) | 1682 | 1616 |
| &nbsp;&nbsp;&nbsp; Saxon Asset Securities Trust, Ser 2006-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.779%, TSFR1M + 0.454%, 10/25/2046 (B) | 650 | 637 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2012-2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.137%, SOFR30A + 0.814%, 01/25/2029 (B) | 516 | 505 |
| &nbsp;&nbsp;&nbsp; SLM Student Loan Trust, Ser 2013-2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.887%, SOFR30A + 0.564%, 06/25/2043 (B) | 632 | 614 |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-B, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.310%, 07/17/2051 (A) | 390 | 363 |
| &nbsp;&nbsp;&nbsp; SoFi Professional Loan Program Trust, Ser 2020-A, Cl A2FX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.540%, 05/15/2046 (A) | 1605 | 1538 |
| &nbsp;&nbsp;&nbsp; SoFi Professional Loan Program Trust, Ser 2021-B, Cl AFX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.140%, 02/15/2047 (A) | 1158 | 1002 |
| &nbsp;&nbsp;&nbsp; Tesla Sustainable Energy Trust, Ser 2024-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.080%, 06/21/2050 (A) | 9790 | 9793 |
| &nbsp;&nbsp;&nbsp; Textainer Marine Containers VIII, Ser 2020-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.100%, 09/20/2045 (A) | 1386 | 1285 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; TIAA CLO IV, Ser 2024-1A, Cl A1AR |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.410%, TSFR3M + 1.140%, 01/20/2032 (A)(B) | $| 2161 | $| 2161 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Trust, Ser 2024-2A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/21/2029 (A) |  | 12280 |  | 12256 |
| &nbsp;&nbsp;&nbsp; Tricon American Homes, Ser 2020-SFR1, Cl F |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.882%, 07/17/2038 (A) |  | 2100 |  | 2082 |
| &nbsp;&nbsp;&nbsp; Trinity Rail Leasing LLC, Ser 2020-2A, Cl A1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.830%, 11/19/2050 (A) |  | 1447 |  | 1385 |
| &nbsp;&nbsp;&nbsp; TRTX Issuer, Ser 2025-FL6, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.864%, TSFR1M + 1.537%, 09/18/2042 (A)(B) |  | 1850 |  | 1847 |
| &nbsp;&nbsp;&nbsp; Vantage Data Centers Issuer LLC, Ser 2020-1A, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.645%, 09/15/2045 (A) |  | 3317 |  | 3283 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust Series, Ser 2024-4, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 06/20/2029  |  | 3200 |  | 3212 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust Series, Ser 2024-4, Cl C |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 06/20/2029  |  | 3585 |  | 3597 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2023-4, Cl A1A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.160%, 06/20/2029  |  | 9780 |  | 9851 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2024-3, Cl A1A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.340%, 04/22/2030  |  | 8675 |  | 8834 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2024-6, Cl C |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.670%, 08/20/2030  |  | 19539 |  | 19418 |
| &nbsp;&nbsp;&nbsp; Verizon Master Trust, Ser 2025-1, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.940%, 01/21/2031  |  | 4660 |  | 4676 |
| &nbsp;&nbsp;&nbsp; Voya CLO, Ser 2021-2A, Cl A1R |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.498%, TSFR3M + 1.242%, 06/07/2030 (A)(B) |  | 247 |  | 247 |
| &nbsp;&nbsp;&nbsp; Voya CLO, Ser 2024-2A, Cl AR |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.470%, TSFR3M + 1.200%, 07/20/2032 (A)(B) |  | 1807 |  | 1808 |
|  |  |  |  | 200491 |
|  Total Asset-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $412,536) ($ Thousands) |  |  |  | 414092 |
| **MORTGAGE-BACKED SECURITIES — 19.7%** | **MORTGAGE-BACKED SECURITIES — 19.7%** | **MORTGAGE-BACKED SECURITIES — 19.7%** | **MORTGAGE-BACKED SECURITIES — 19.7%** | **MORTGAGE-BACKED SECURITIES — 19.7%** |
| **Agency Mortgage-Backed Obligations — 10.3%** | **Agency Mortgage-Backed Obligations — 10.3%** | **Agency Mortgage-Backed Obligations — 10.3%** |  |  |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R08, Cl 1M1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.872%, SOFR30A + 2.550%, 07/25/2042(A)(B) |  | 1147 |  | 1173 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R08, Cl 1M1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.822%, SOFR30A + 1.500%, 10/25/2043(A)(B) |  | 1616 |  | 1622 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2024-R04, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.422%, SOFR30A + 1.100%, 05/25/2044(A)(B) | $819 | $819 |
| &nbsp;&nbsp;&nbsp; FHLMC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.485%, RFUCCT1Y + 1.468%, 03/01/2037(B) | 4 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/01/2034 to 05/01/2035  | 1659 | 1615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 09/01/2030 to 11/01/2031  | 3050 | 2917 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K062, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.413%, 12/25/2026 | 2700 | 2660 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K089, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.344%, 10/25/2028 | 620 | 608 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser K742, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.760%, 03/25/2028 | 2164 | 2030 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser KF37, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.825%, SOFR30A + 0.474%, 09/25/2027(B) | 57 | 57 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser KF40, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.805%, SOFR30A + 0.454%, 11/25/2027(B) | 39 | 39 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser KF43, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.705%, SOFR30A + 0.354%, 01/25/2028(B) | 336 | 334 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser KF68, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.955%, SOFR30A + 0.604%, 07/25/2026(B) | 332 | 332 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser KF86, Cl AL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.755%, SOFR30A + 0.404%, 08/25/2027(B) | 315 | 314 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser KJ34, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.681%, 06/25/2026 | 28 | 28 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser KJ37, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.679%, 12/25/2027 | 1397 | 1327 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass Through Certificates, Ser Q004, Cl AFL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.139%, 12MTA + 0.740%, 05/25/2044(B) | 300 | 300 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2005-2922, Cl FE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.697%, SOFR30A + 0.364%, 02/15/2035(B) | 290 | 287 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2005-2990, Cl LK |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.817%, SOFR30A + 0.484%, 10/15/2034(B) | 298 | 297 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2006-3102, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.747%, SOFR30A + 0.414%, 01/15/2036(B) | $59 | $59 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2006-3136, Cl KF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.747%, SOFR30A + 0.414%, 04/15/2036(B) | 108 | 107 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2009-3616, Cl FG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.097%, SOFR30A + 0.764%, 03/15/2032(B) | 145 | 145 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2010-3762, Cl FP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.897%, SOFR30A + 0.564%, 03/15/2040(B) | 4 | 4 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4094, Cl BF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.847%, SOFR30A + 0.514%, 08/15/2032(B) | 225 | 225 |
| &nbsp;&nbsp;&nbsp; FHLMC REMIC CMO, Ser 2012-4102, Cl LF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.697%, SOFR30A + 0.364%, 01/15/2040(B) | 6 | 6 |
| &nbsp;&nbsp;&nbsp; FNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/01/2034 | 1276 | 1228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 10/01/2030 to 02/01/2035  | 1982 | 1924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 02/01/2031 to 06/01/2032  | 1659 | 1591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 04/01/2031 | 523 | 497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 10/01/2035 | 895 | 788 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2024-49, Cl FC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.622%, SOFR30A + 1.300%, 07/25/2054(B) | 5356 | 5332 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2024-73, Cl FB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.522%, SOFR30A + 1.200%, 10/25/2054(B) | 8480 | 8399 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2005-83, Cl FP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.767%, SOFR30A + 0.444%, 10/25/2035(B) | 364 | 361 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2006-31, Cl FP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.737%, SOFR30A + 0.414%, 05/25/2036(B) | 63 | 62 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2006-56, Cl FE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.867%, SOFR30A + 0.544%, 07/25/2036(B) | 310 | 307 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2007-98, Cl FD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.887%, SOFR30A + 0.564%, 06/25/2037(B) | 183 | 182 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2008-24, Cl PF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.087%, SOFR30A + 0.764%, 02/25/2038(B) | 5 | 5 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2010-43, Cl VF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.987%, SOFR30A + 0.664%, 05/25/2040(B) | 242 | 241 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-111, Cl NF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.787%, SOFR30A + 0.464%, 05/25/2042(B) | 358 | 353 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2012-54, Cl CF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.137%, SOFR30A + 0.814%, 05/25/2042(B) | 125 | 124 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Limited Duration Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2016-48, Cl UF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.837%, SOFR30A + 0.514%, 08/25/2046(B) | $130 | $129 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2019-79, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.937%, SOFR30A + 0.614%, 01/25/2050(B) | 363 | 352 |
| &nbsp;&nbsp;&nbsp; FNMA REMIC CMO, Ser 2020-10, Cl FA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.937%, SOFR30A + 0.614%, 03/25/2050(B) | 964 | 930 |
| &nbsp;&nbsp;&nbsp; FNMA TBA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/01/2038 | 10175 | 9848 |
| &nbsp;&nbsp;&nbsp; FRESB Mortgage Trust, Ser 2018-SB50, Cl A10F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.326%, 04/25/2028(B) | 723 | 699 |
| &nbsp;&nbsp;&nbsp; FRESB Mortgage Trust, Ser 2018-SB52, Cl A10F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.455%, 06/25/2028(B) | 4607 | 4468 |
| &nbsp;&nbsp;&nbsp; FRESB Mortgage Trust, Ser 2018-SB53, Cl A10F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.613%, 06/25/2028(B) | 3582 | 3508 |
| &nbsp;&nbsp;&nbsp; FRESB Mortgage Trust, Ser 2018-SB54, Cl A10F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.520%, 05/25/2028(B) | 1140 | 1114 |
| &nbsp;&nbsp;&nbsp; FRESB Mortgage Trust, Ser 2019-SB59, Cl A10F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.470%, 01/25/2029(B) | 409 | 397 |
| &nbsp;&nbsp;&nbsp; GNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 10/20/2054 | 3173 | 2995 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2007-1, Cl F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.739%, TSFR1M + 0.414%, 01/20/2037(B) | 273 | 272 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2011-151, Cl BF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.789%, TSFR1M + 0.464%, 04/20/2041(B) | 233 | 229 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2012-77, Cl FM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.113%, TSFR1M + 0.784%, 11/16/2039(B) | 225 | 225 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2013-5, Cl JE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 07/20/2042 | 1399 | 1273 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2023-113, Cl FD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.678%, SOFR30A + 1.350%, 08/20/2053(B) | 2241 | 2249 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2024-148, Cl AF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.508%, SOFR30A + 1.180%, 09/20/2054(B) | 8707 | 8670 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2024-30, Cl CF |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.578%, SOFR30A + 1.250%, 02/20/2054(B) | 2253 | 2249 |
| &nbsp;&nbsp;&nbsp; GNMA TBA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 06/15/2055 | 5800 | 5758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/15/2040 | 8925 | 8657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2039 | 6975 | 6580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/15/2055 | 4900 | 4486 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; GNMA, Ser 2008-92, Cl E |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.556%, 03/16/2044(B) | $| 130 | $129 |
| &nbsp;&nbsp;&nbsp; GNMA, Ser 2012-23, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.488%, 07/16/2049(B) |  | 304 | 293 |
| &nbsp;&nbsp;&nbsp; GNMA, Ser 2014-157, Cl C |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 10/16/2054(B) |  | 988 | 954 |
| &nbsp;&nbsp;&nbsp; GNMA, Ser 2015-109, Cl B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.313%, 10/16/2041(B) |  | 246 | 245 |
| &nbsp;&nbsp;&nbsp; GNMA, Ser 82737 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, H15T1Y + 1.500%, 02/20/2041(B) |  | 54 | 55 |
| &nbsp;&nbsp;&nbsp; UMBS TBA |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 06/15/2055 |  | 5225 | 5172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/15/2040 |  | 20875 | 20884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/15/2040 to 06/15/2055  |  | 32675 | 31687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/15/2040 to 06/15/2055  |  | 24200 | 22925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 06/15/2040 to 06/15/2055  |  | 18075 | 16781 |
|  |  |  | 202916 |
| **Non-Agency Mortgage-Backed Obligations — 9.4%** | **Non-Agency Mortgage-Backed Obligations — 9.4%** | **Non-Agency Mortgage-Backed Obligations — 9.4%** |  |
| &nbsp;&nbsp;&nbsp; 280 Park Avenue Mortgage Trust, Ser 280P, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.518%, TSFR1M + 1.180%, 09/15/2034(A)(B) |  | 1400 | 1383 |
| &nbsp;&nbsp;&nbsp; Arbor Multifamily Mortgage Securities Trust, Ser 2021-MF2, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.023%, 06/15/2054(A) |  | 1007 | 974 |
| &nbsp;&nbsp;&nbsp; Banc of America Funding Trust, Ser 2014-R6, Cl 2A13 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.701%, 07/26/2036(A)(B) |  | 1409 | 1408 |
| &nbsp;&nbsp;&nbsp; BANK, Ser 2018-BN14, Cl ASB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.185%, 09/15/2060 |  | 304 | 302 |
| &nbsp;&nbsp;&nbsp; BANK, Ser 2018-BN14, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.128%, 09/15/2060 |  | 298 | 294 |
| &nbsp;&nbsp;&nbsp; BANK, Ser 2019-BN21, Cl ASB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.808%, 10/17/2052 |  | 2275 | 2196 |
| &nbsp;&nbsp;&nbsp; BANK, Ser BN22, Cl ASB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.897%, 11/15/2062 |  | 1474 | 1425 |
| &nbsp;&nbsp;&nbsp; BANK, Ser BN24, Cl ASB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.929%, 11/15/2062 |  | 1963 | 1892 |
| &nbsp;&nbsp;&nbsp; BBCMS Mortgage Trust, Ser C8, Cl ASB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.867%, 10/15/2053 |  | 820 | 765 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser 2018-B5, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.077%, 07/15/2051 |  | 1142 | 1098 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser 2019-B9, Cl AAB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.933%, 03/15/2052 |  | 1275 | 1259 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser 2020-B17, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.211%, 03/15/2053 |  | 5175 | 4791 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser B14, Cl ASB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.957%, 12/15/2062 |  | 3401 | 3294 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser B15, Cl AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.859%, 12/15/2072 | $2003 | $1933 |
| &nbsp;&nbsp;&nbsp; Benchmark Mortgage Trust, Ser B15, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.914%, 12/15/2072 | 798 | 754 |
| &nbsp;&nbsp;&nbsp; BHMS, Ser 2018-ATLS, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.526%, TSFR1M + 2.197%, 07/15/2035(A)(B) | 3690 | 3685 |
| &nbsp;&nbsp;&nbsp; BOCA Commercial Mortgage Trust, Ser 2024-BOCA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.249%, TSFR1M + 1.921%, 08/15/2041(A)(B) | 270 | 270 |
| &nbsp;&nbsp;&nbsp; BPR Trust, Ser 2022-OANA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.227%, TSFR1M + 1.898%, 04/15/2037(A)(B) | 2755 | 2754 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-21M, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.174%, TSFR1M + 0.844%, 10/15/2036(A)(B) | 343 | 342 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-VINO, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.096%, TSFR1M + 0.767%, 05/15/2038(A)(B) | 274 | 274 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2021-XL2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.132%, TSFR1M + 0.803%, 10/15/2038(A)(B) | 794 | 794 |
| &nbsp;&nbsp;&nbsp; BX Trust, Ser 2021-MFM1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.144%, TSFR1M + 0.814%, 01/15/2034(A)(B) | 926 | 925 |
| &nbsp;&nbsp;&nbsp; BXP Trust, Ser 2017-CC, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.552%, 08/13/2037(A)(B) | 710 | 601 |
| &nbsp;&nbsp;&nbsp; CAMB Commercial Mortgage Trust, Ser 2019-LIFE, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.696%, TSFR1M + 1.367%, 12/15/2037(A)(B) | 815 | 814 |
| &nbsp;&nbsp;&nbsp; CAMB Commercial Mortgage Trust, Ser 2019-LIFE, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.876%, TSFR1M + 1.547%, 12/15/2037(A)(B) | 2000 | 1999 |
| &nbsp;&nbsp;&nbsp; CD Mortgage Trust, Ser 2018-CD7, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.213%, 08/15/2051 | 255 | 253 |
| &nbsp;&nbsp;&nbsp; Chase Home Lending Mortgage Trust, Ser 2024-10, Cl A4A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 10/25/2055(A)(B) | 2437 | 2426 |
| &nbsp;&nbsp;&nbsp; CIM Trust, Ser 2022-I1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 02/25/2067(A)(B) | 745 | 737 |
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, Ser 2021-PRM2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.394%, TSFR1M + 1.064%, 10/15/2038(A)(B) | 1782 | 1770 |
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, Ser B2, Cl AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.962%, 03/10/2051 | 385 | 382 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, Ser GC41, Cl AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.720%, 08/10/2056 | $1912 | $1846 |
| &nbsp;&nbsp;&nbsp; COMM Mortgage Trust, Ser 2015-DC1, Cl AM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.724%, 02/10/2048 | 681 | 673 |
| &nbsp;&nbsp;&nbsp; COMM Mortgage Trust, Ser 2016-787S, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.545%, 02/10/2036(A) | 1720 | 1693 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R01, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.222%, SOFR30A + 1.900%, 12/25/2041(A)(B) | 2125 | 2144 |
| &nbsp;&nbsp;&nbsp; Cross Mortgage Trust, Ser 2023-H2, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.135%, 11/25/2068(A)(C) | 1340 | 1358 |
| &nbsp;&nbsp;&nbsp; Cross Mortgage Trust, Ser 2024-H6, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.129%, 09/25/2069(A)(B) | 1819 | 1808 |
| &nbsp;&nbsp;&nbsp; CSAIL Commercial Mortgage Trust, Ser 2015-C3, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.718%, 08/15/2048 | 1118 | 1112 |
| &nbsp;&nbsp;&nbsp; CSAIL Commercial Mortgage Trust, Ser 2016-C5, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.533%, 11/15/2048 | 1 | 1 |
| &nbsp;&nbsp;&nbsp; CSAIL Commercial Mortgage Trust, Ser 2019-C17, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.957%, 09/15/2052 | 1995 | 1943 |
| &nbsp;&nbsp;&nbsp; CSMC Series, Ser 2014-6R, Cl 15A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.206%, TSFR1M + 0.264%, 11/27/2036(A)(B) | 365 | 357 |
| &nbsp;&nbsp;&nbsp; CSMC Series, Ser 2015-6R, Cl 2A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.832%, TSFR1M + 0.314%, 11/27/2046(A)(B) | 368 | 367 |
| &nbsp;&nbsp;&nbsp; DBGS Mortgage Trust, Ser 2018-C1, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.302%, 10/15/2051 | 271 | 270 |
| &nbsp;&nbsp;&nbsp; ELM Trust, Ser 2024-ELM, Cl B15 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.995%, 06/10/2039(A)(B) | 400 | 403 |
| &nbsp;&nbsp;&nbsp; ELM Trust, Ser 2024-ELM, Cl A10 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.801%, 06/10/2039(A)(B) | 500 | 505 |
| &nbsp;&nbsp;&nbsp; ELM Trust, Ser 2024-ELM, Cl A15 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.801%, 06/10/2039(A)(B) | 6650 | 6718 |
| &nbsp;&nbsp;&nbsp; Extended Stay America Trust, Ser 2021-ESH, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.524%, TSFR1M + 1.194%, 07/15/2038(A)(B) | 944 | 944 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-DNA2, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.622%, SOFR30A + 1.300%, 02/25/2042(A)(B) | 388 | 388 |
| &nbsp;&nbsp;&nbsp; First Franklin Mortgage Loan Trust, Ser 2006-FF15, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.599%, TSFR1M + 0.274%, 11/25/2036(B) | 301 | 301 |
| &nbsp;&nbsp;&nbsp; First Franklin Mortgage Loan Trust, Ser 2006-FF18, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.659%, TSFR1M + 0.334%, 12/25/2037(B) | 1323 | 1271 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Limited Duration Bond Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; First Franklin Mortgage Loan Trust, Ser 2006-FF9, Cl 1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.689%, TSFR1M + 0.364%, 06/25/2036(B) | $238 | $238 |
| &nbsp;&nbsp;&nbsp; FS Trust, Ser 2024-HULA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.140%, TSFR1M + 1.811%, 08/15/2039(A)(B) | 1450 | 1449 |
| &nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust, Ser 2018-RPL1, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 10/25/2057(A) | 464 | 452 |
| &nbsp;&nbsp;&nbsp; GWT, Ser 2024-WLF2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.020%, TSFR1M + 1.691%, 05/15/2041(A)(B) | 1478 | 1478 |
| &nbsp;&nbsp;&nbsp; Hilton USA Trust, Ser 2016-HHV, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.194%, 11/05/2038(A)(B) | 2430 | 2370 |
| &nbsp;&nbsp;&nbsp; Impac CMB Trust Series, Ser 2004-6, Cl 1A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.239%, TSFR1M + 0.914%, 10/25/2034(B) | 257 | 255 |
| &nbsp;&nbsp;&nbsp; Independence Plaza Trust, Ser 2018-INDP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.763%, 07/10/2035(A) | 1310 | 1303 |
| &nbsp;&nbsp;&nbsp; J.P. Morgan Chase Commercial Mortgage Securities Trust, Ser NINE, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.854%, 09/06/2038(A)(B) | 1925 | 1856 |
| &nbsp;&nbsp;&nbsp; JPMDB Commercial Mortgage Securities Trust, Ser COR6, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.982%, 11/13/2052 | 1001 | 965 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2016-NINE, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.854%, 09/06/2038(A)(B) | 1334 | 1295 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2021-MHC, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.494%, TSFR1M + 1.164%, 04/15/2038(A)(B) | 1502 | 1502 |
| &nbsp;&nbsp;&nbsp; Merrill Lynch Mortgage Investors Trust, Ser 2004-A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.899%, TSFR1M + 0.574%, 04/25/2029(B) | 108 | 100 |
| &nbsp;&nbsp;&nbsp; MF1, Ser 2020-FL4, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.143%, TSFR1M + 1.814%, 12/15/2035(A)(B) | 461 | 461 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2018-4, Cl A1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.473%, 04/25/2066(A)(B) | 259 | 253 |
| &nbsp;&nbsp;&nbsp; Mill City Mortgage Loan Trust, Ser 2019-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 10/25/2069(A)(B) | 1739 | 1687 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, Ser H7, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.171%, 07/15/2052 | 3768 | 3656 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Residential Mortgage Loan Trust, Ser 2025-1, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/25/2055(A)(B) | 1680 | 1673 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; NRTH Mortgage Trust, Ser PARK, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.970%, TSFR1M + 1.641%, 03/15/2039(A)(B) | $663 | $664 |
| &nbsp;&nbsp;&nbsp; NYC Trust, Ser 3ELV, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.320%, TSFR1M + 1.991%, 08/15/2029(A)(B) | 1300 | 1305 |
| &nbsp;&nbsp;&nbsp; One New York Plaza Trust, Ser 2020-1NYP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.394%, TSFR1M + 1.064%, 01/15/2036(A)(B) | 952 | 924 |
| &nbsp;&nbsp;&nbsp; PRPM LLC, Ser 2024-RCF1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 01/25/2054(A)(C) | 2483 | 2427 |
| &nbsp;&nbsp;&nbsp; PRPM LLC, Ser 2025-RCF1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/25/2055(A)(C) | 8614 | 8458 |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2023-CES1, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.515%, 06/25/2043(A)(B) | 338 | 339 |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2024-CES5, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.846%, 08/25/2044(A)(C) | 8420 | 8485 |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2024-CES7, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.158%, 10/25/2044(A)(C) | 12037 | 11978 |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2024-CES8, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.490%, 11/25/2044(A)(C) | 11772 | 11786 |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2025-CES1, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.653%, 01/25/2045(A)(C) | 13392 | 13473 |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust, Ser 2025-CES2, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.503%, 02/25/2055(A)(C) | 12799 | 12836 |
| &nbsp;&nbsp;&nbsp; SREIT Trust, Ser 2021-MFP, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.523%, TSFR1M + 1.194%, 11/15/2038(A)(B) | 1258 | 1254 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2018-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/25/2058(A)(B) | 1408 | 1326 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2018-6, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 03/25/2058(A)(B) | 847 | 818 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2019-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 10/25/2059(A)(B) | 3788 | 3620 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2019-HY2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.439%, TSFR1M + 1.114%, 05/25/2058(A)(B) | 854 | 874 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2020-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.088%, 02/25/2063(A)(B) | 127 | 123 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2020-4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 10/25/2060(A) | 896 | 809 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 11/25/2061(A)(B) | 1554 | 1441 |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; UBS Commercial Mortgage Trust, Ser 2017-C2, Cl A3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.225%, 08/15/2050 | $| 5206 | $| 5066 |
| &nbsp;&nbsp;&nbsp; UBS Commercial Mortgage Trust, Ser 2018-C12, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.152%, 08/15/2051 |  | 167 |  | 166 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust, Ser 2023-4, Cl A1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.811%, 05/25/2068(A)(C) |  | 2223 |  | 2222 |
| &nbsp;&nbsp;&nbsp; WaMu Mortgage Pass-Through Certificates, Ser 2005-AR15, Cl A1A1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.959%, TSFR1M + 0.634%, 11/25/2045(B) |  | 745 |  | 712 |
| &nbsp;&nbsp;&nbsp; WB Commercial Mortgage Trust, Ser 2024-HQ, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.937%, 03/15/2040(A)(B) |  | 1600 |  | 1604 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser 2025-NXS4, Cl AS |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.973%, 12/15/2048 |  | 2200 |  | 2182 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser C52, Cl ASB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.833%, 08/15/2052 |  | 1118 |  | 1079 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser C55, Cl ASB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.651%, 02/15/2053 |  | 843 |  | 809 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser C61, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.503%, 11/15/2054 |  | 811 |  | 782 |
|  |  |  |  | 184451 |
|  Total Mortgage-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $387,768) ($ Thousands) |  |  |  | 387367 |
| **MUNICIPAL BONDS — 1.9%** | **MUNICIPAL BONDS — 1.9%** | **MUNICIPAL BONDS — 1.9%** | **MUNICIPAL BONDS — 1.9%** | **MUNICIPAL BONDS — 1.9%** |
| **Florida — 0.2%** | **Florida — 0.2%** | **Florida — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Broward County Florida Airport System Revenue, Ser C  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.504%, 10/01/2028  |  | 2360 |  | 2224 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County, Aviation Revenue, Ser B  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.854%, 10/01/2027  |  | 2000 |  | 1934 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County, Aviation Revenue, Ser B, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.229%, 10/01/2025  |  | 370 |  | 366 |
|  |  |  |  | 4524 |
| **Massachusetts — 0.0%** | **Massachusetts — 0.0%** | **Massachusetts — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp; Massachusetts State, Ser B, RB  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.110%, 07/15/2031  |  | 506 |  | 500 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** |
| **New Jersey — 0.5%** | **New Jersey — 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, Ser BB, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.608%, 06/15/2026  | $9010 | $| 9031 |
| **New York — 1.1%** | **New York — 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.754%, 11/01/2027  | 10405 |  | 10513 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured Revenue, Ser B, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.310%, 11/01/2026  | 820 |  | 798 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured Revenue, Sub-Ser D-2  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 11/01/2028  | 3000 |  | 3060 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, Ser B  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 03/15/2027  | 5195 |  | 5181 |
| &nbsp;&nbsp;&nbsp; New York State, Urban Development, Ser B, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.010%, 03/15/2030  | 1800 |  | 1614 |
|  |  |  | 21166 |
| **Pennsylvania — 0.1%** | **Pennsylvania — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Philadelphia City Redevelopment Authority, Ser A  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.518%, 09/01/2027  | 1250 |  | 1255 |
|  Total Municipal Bonds |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $36,411) ($ Thousands) |  |  | 36476 |
| **U.S. GOVERNMENT AGENCY OBLIGATION — 0.7%** | **U.S. GOVERNMENT AGENCY OBLIGATION — 0.7%** | **U.S. GOVERNMENT AGENCY OBLIGATION — 0.7%** | **U.S. GOVERNMENT AGENCY OBLIGATION — 0.7%** |
| &nbsp;&nbsp;&nbsp; FHLB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 03/25/2027 | 14360 |  | 14031 |
|  Total U.S. Government Agency Obligation |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $14,360) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $14,360) ($ Thousands) |  | 14031 |
| **SOVEREIGN DEBT — 0.5%** | **SOVEREIGN DEBT — 0.5%** | **SOVEREIGN DEBT — 0.5%** | **SOVEREIGN DEBT — 0.5%** |
| &nbsp;&nbsp;&nbsp; Israel Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/19/2030 | 415 |  | 418 |
| &nbsp;&nbsp;&nbsp; Saudi Government International Bond |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 01/13/2028(A) | 9220 |  | 9356 |
|  Total Sovereign Debt | Total Sovereign Debt |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $9,619) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $9,619) ($ Thousands) |  | 9774 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Limited Duration Bond Fund** (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **CASH EQUIVALENT — 6.6%** | **CASH EQUIVALENT — 6.6%** | **CASH EQUIVALENT — 6.6%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 129471571 | $129472 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $129,472) ($ Thousands) |  | 129472 |
| **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** |
|  Total Purchased Swaptions  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $110) ($ Thousands) |  | 60 |
| Total Investments in Securities — 111.1% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $2,179,418) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $2,179,418) ($ Thousands)  | $2185458 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: |
| **Description** | **Counterparty** | **Number of Contracts/ Notional Amount** | **Exercise Price** | **Expiration Date** | **Value<br> (Thousands)** |
| **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** | **PURCHASED SWAPTIONS — 0.0%** |  |  |  |
| **Put Swaptions** | **Put Swaptions** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Swaptions | Goldman Sachs | $16370000 | $4.09 | 12/20/2025 | $29 |
| &nbsp;&nbsp;&nbsp; Swaptions | Goldman Sachs | 6905000 | 4.23 | 12/20/2025 | 31 |
|  Total Purchased Swaptions |  | $23275000 |  |  | $60 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; U.S. 2-Year Treasury Note | 403 | Sep-2025 | $83497 | $83597 | $100 |
| &nbsp;&nbsp; U.S. 5-Year Treasury Note | 53 | Sep-2025 | 5736 | 5734 | (2) |
|  |  |  | 89233 | 89331 | 98 |
| Short Contracts |  |  |  |  |  |
| &nbsp;&nbsp; U.S. Ultra Long Treasury Bond | (87) | Sep-2025 | $(10016) | $(10098) | $(82) |
| &nbsp;&nbsp; Ultra 10-Year U.S. Treasury Note | (251) | Sep-2025 | (27866) | (28249) | (383) |
|  |  |  | (37882) | (38347) | (465) |
|  |  |  | $51351 | $50984 | $(367) |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $1,967,138 ($ Thousands). |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (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 May 31, 2025, the value of these securities amounted to $553,231 ($ Thousands), representing 28.1% of the Net Assets of the Fund. |
| (B) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (C) | Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1<br> ($)** | **Level 2<br> ($)** | **Level 3<br> ($)** | **Total<br> ($)** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations |  | 631471 |  | 631471 |
| &nbsp;&nbsp;&nbsp; Corporate Obligations |  | 562715 |  | 562715 |
| &nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 414092 |  | 414092 |
| &nbsp;&nbsp;&nbsp; Mortgage-Backed Securities |  | 387367 |  | 387367 |
| &nbsp;&nbsp;&nbsp; Municipal Bonds |  | 36476 |  | 36476 |
| &nbsp;&nbsp;&nbsp; U.S. Government Agency Obligation |  | 14031 |  | 14031 |
| &nbsp;&nbsp;&nbsp; Sovereign Debt |  | 9774 |  | 9774 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 129472 |  |  | 129472 |
| &nbsp;&nbsp;&nbsp; Purchased Swaptions | – | 60 |  | 60 |
|  Total Investments in Securities | 129472 | 2055986 |  | 2185458 |

---

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 100 |  |  | 100 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (467) |  |  | (467) |
| Total Other Financial Instruments | (367) |  |  | (367) |

---

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

For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $44980 | $3655314 | $(3570822) | $— | $— | $129472 | $2888 | $— |

---

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

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Intermediate Duration Credit Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS — 87.8%** | **CORPORATE OBLIGATIONS — 87.8%** | **CORPORATE OBLIGATIONS — 87.8%** |
| **Communication Services — 4.0%** | **Communication Services — 4.0%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/15/2065  | $2880 | $2758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2055  | 2880 | 2785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.050%, 08/15/2050  | 1356 | 737 |
| &nbsp;&nbsp;&nbsp; America Movil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 03/30/2040  | 940 | 955 |
| &nbsp;&nbsp;&nbsp; AT&T  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 11/15/2031  | 1150 | 1349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.800%, 05/15/2036  | 2915 | 3160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 08/15/2037  | 3040 | 2868 |
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC / Charter Communications Operating Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 06/01/2029  | 4760 | 4955 |
| &nbsp;&nbsp;&nbsp; Comcast  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 03/15/2037  | 6445 | 6941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 05/15/2053  | 6745 | 6107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 01/15/2029  | 7100 | 7147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 08/15/2034  | 14987 | 13931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.999%, 11/01/2049  | 1080 | 801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.969%, 11/01/2047  | 3443 | 2582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 02/01/2027  | 1870 | 1839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.987%, 11/01/2063  | 4549 | 2504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.937%, 11/01/2056  | 12163 | 6955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.887%, 11/01/2051  | 4985 | 2958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 02/01/2030  | 2722 | 2509 |
| &nbsp;&nbsp;&nbsp; Cox Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.800%, 10/01/2030 (A) | 3600 | 3046 |
| &nbsp;&nbsp;&nbsp; Discovery Communications LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/20/2037  | 1 | 1 |
| &nbsp;&nbsp;&nbsp; Meta Platforms  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/15/2063  | 1205 | 1191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 05/15/2053  | 5660 | 5536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 08/15/2064  | 2475 | 2368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 08/15/2054  | 5635 | 5349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 08/15/2031  | 9200 | 9230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 08/15/2052  | 7420 | 6136 |
| &nbsp;&nbsp;&nbsp; Paramount Global  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 04/30/2036  | 2760 | 2806 |
| &nbsp;&nbsp;&nbsp; Rogers Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/15/2029  | 6563 | 6611 |
| &nbsp;&nbsp;&nbsp; Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.152%, 03/20/2028 (A) | 8019 | 8054 |
| &nbsp;&nbsp;&nbsp; Time Warner Cable LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 06/15/2039  | 3105 | 3142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.550%, 05/01/2037  | 3765 | 3790 |
| &nbsp;&nbsp;&nbsp; T-Mobile USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/15/2050  | 3110 | 2509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 04/15/2029  | 10370 | 9890 |
| &nbsp;&nbsp;&nbsp; Verizon Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 12/01/2030  | 180 | 206 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.780%, 02/15/2035  | $| 3263 | $3140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.680%, 10/30/2030  |  | 1570 | 1346 |
| &nbsp;&nbsp;&nbsp; Walt Disney  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 05/13/2040  |  | 6340 | 5091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 09/01/2049  |  | 4533 | 2783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 09/01/2029  |  | 2505 | 2284 |
| &nbsp;&nbsp;&nbsp; Warnermedia Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.141%, 03/15/2052  |  | 1625 | 1053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/15/2042  |  | 3985 | 2867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.279%, 03/15/2032  |  | 2625 | 2227 |
|  |  |  | 164497 |
| **Consumer Discretionary — 3.8%** | **Consumer Discretionary — 3.8%** | **Consumer Discretionary — 3.8%** |  |
| &nbsp;&nbsp;&nbsp; Air Canada Pass-Through Trust, Ser 2015-1, Cl A  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 03/15/2027 (A) |  | 2613 | 2531 |
| &nbsp;&nbsp;&nbsp; Amazon.com  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 04/13/2052  |  | 8393 | 6489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/22/2037  |  | 2730 | 2433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 05/12/2051  |  | 9120 | 6040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 05/12/2028  |  | 2500 | 2337 |
| &nbsp;&nbsp;&nbsp; American Honda Finance MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 07/07/2028  |  | 1326 | 1347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.300%, 09/09/2026  |  | 3200 | 3110 |
| &nbsp;&nbsp;&nbsp; BMW US Capital LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 04/02/2026 (A) |  | 10125 | 10174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 04/01/2031 (A) |  | 7250 | 6365 |
| &nbsp;&nbsp;&nbsp; British Airways Pass-Through Trust, Ser 2020-1A  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/15/2032 (A) |  | 2831 | 2671 |
| &nbsp;&nbsp;&nbsp; Daimler Truck Finance North America LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 09/25/2027 (A) |  | 8235 | 8316 |
| &nbsp;&nbsp;&nbsp; Ferguson Finance PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 10/24/2028 (A) |  | 1717 | 1708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 06/02/2030 (A) |  | 3790 | 3519 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.054%, 11/05/2031  |  | 3367 | 3281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 03/05/2031  |  | 433 | 424 |
| &nbsp;&nbsp;&nbsp; General Motors Financial  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/04/2034  |  | 3575 | 3552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 02/08/2031  |  | 2315 | 2341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 07/15/2027  |  | 2800 | 2820 |
| &nbsp;&nbsp;&nbsp; Home Depot  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 06/25/2064  |  | 630 | 589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/25/2054  |  | 2985 | 2792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 06/25/2034  |  | 7230 | 7233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 12/06/2048  |  | 2010 | 1683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 03/15/2045  |  | 3217 | 2703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2046  |  | 430 | 352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 06/15/2047  |  | 1505 | 1154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 04/15/2050  |  | 1370 | 938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 04/15/2040  |  | 950 | 742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 04/15/2032  |  | 4344 | 3970 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 09/14/2027  | $| 3355 | $3257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 09/15/2051  |  | 3000 | 1785 |
| &nbsp;&nbsp;&nbsp; Hyundai Capital America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 09/21/2026 (A) |  | 7610 | 7706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 06/24/2026 (A) |  | 8035 | 8075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 03/19/2027 (A) |  | 7710 | 7762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 09/26/2029 (A) |  | 2390 | 2343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.100%, 09/15/2028 (A) |  | 5610 | 5127 |
| &nbsp;&nbsp;&nbsp; Lowe's  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.700%, 09/15/2028  |  | 2780 | 2552 |
| &nbsp;&nbsp;&nbsp; Massachusetts Institute of Technology  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.618%, 06/01/2055  |  | 1860 | 1855 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 11/20/2026  |  | 4535 | 4612 |
| &nbsp;&nbsp;&nbsp; Resorts World Las Vegas LLC / RWLV Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 04/06/2031 (A) |  | 2465 | 1990 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Credit  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 05/16/2029  |  | 7710 | 7869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 10/10/2031  |  | 7435 | 7368 |
| &nbsp;&nbsp;&nbsp; University of Southern California  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/01/2111  |  | 3500 | 3148 |
|  |  |  | 157063 |
| **Consumer Staples — 5.7%** | **Consumer Staples — 5.7%** | **Consumer Staples — 5.7%** |  |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 02/01/2046  |  | 19049 | 17173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 02/01/2036  |  | 14641 | 14073 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch InBev Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/15/2039  |  | 6774 | 8434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/23/2029  |  | 5220 | 5293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.439%, 10/06/2048  |  | 1370 | 1141 |
| &nbsp;&nbsp;&nbsp; BAT Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.390%, 08/15/2037  |  | 4348 | 3825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.259%, 03/25/2028  |  | 5240 | 4927 |
| &nbsp;&nbsp;&nbsp; CVS Pass-Through Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.353%, 07/10/2031 (A) |  | 1342 | 1449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.507%, 01/10/2032 (A) |  | 938 | 980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.036%, 12/10/2028  |  | 1299 | 1314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.163%, 08/11/2036 (A) |  | 1496 | 1377 |
| &nbsp;&nbsp;&nbsp; Diageo Capital PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 10/05/2026  |  | 7235 | 7316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 10/24/2027  |  | 3786 | 3866 |
| &nbsp;&nbsp;&nbsp; Diageo Investment  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 04/15/2035  |  | 2550 | 2617 |
| &nbsp;&nbsp;&nbsp; ERAC USA Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/15/2029 (A) |  | 2780 | 2829 |
| &nbsp;&nbsp;&nbsp; JBS USA Holding Lux SARL  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/15/2034  |  | 7028 | 7551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/01/2052  |  | 2840 | 2878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 02/25/2055 (A) |  | 1960 | 1948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/01/2033  |  | 1237 | 1253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 02/01/2028  |  | 9740 | 9838 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 02/02/2029  | $| 2885 | $2714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 01/15/2027  |  | 4535 | 4372 |
| &nbsp;&nbsp;&nbsp; Kenvue  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 03/22/2043  |  | 845 | 799 |
| &nbsp;&nbsp;&nbsp; Kroger  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/15/2034  |  | 2555 | 2488 |
| &nbsp;&nbsp;&nbsp; Mars  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/01/2065 (A) |  | 595 | 577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 05/01/2055 (A) |  | 9350 | 9070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 03/01/2035 (A) |  | 6215 | 6192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/01/2032 (A) |  | 7300 | 7324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 03/01/2030 (A) |  | 13540 | 13624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 04/01/2059 (A) |  | 1620 | 1217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 04/01/2030 (A) |  | 2435 | 2289 |
| &nbsp;&nbsp;&nbsp; Nestle Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/24/2025 (A) |  | 3645 | 3632 |
| &nbsp;&nbsp;&nbsp; PepsiCo  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/17/2054  |  | 2190 | 2072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 07/18/2052  |  | 1730 | 1378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 07/29/2049  |  | 1130 | 794 |
| &nbsp;&nbsp;&nbsp; Philip Morris International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 09/07/2033  |  | 2915 | 3013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 11/17/2027  |  | 6030 | 6137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 02/15/2030  |  | 2955 | 3018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 02/13/2031  |  | 5420 | 5513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/20/2042  |  | 2830 | 2437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 11/01/2027  |  | 6275 | 6277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 04/30/2030  |  | 7415 | 7325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/21/2042  |  | 3890 | 3088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.875%, 05/01/2026  |  | 3360 | 3253 |
| &nbsp;&nbsp;&nbsp; RELX Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/27/2030  |  | 2586 | 2607 |
| &nbsp;&nbsp;&nbsp; Rentokil Terminix Funding LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/28/2030 (A) |  | 3125 | 3115 |
| &nbsp;&nbsp;&nbsp; Reynolds American  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 05/01/2040  |  | 980 | 1134 |
| &nbsp;&nbsp;&nbsp; Target  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/15/2035  |  | 4025 | 3956 |
| &nbsp;&nbsp;&nbsp; Triton Container International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.050%, 04/15/2026 (A) |  | 2335 | 2278 |
| &nbsp;&nbsp;&nbsp; Walmart  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 04/28/2035  |  | 14090 | 14092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/15/2053  |  | 4346 | 3737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 04/28/2030  |  | 5960 | 5982 |
|  |  |  | 235586 |
| **Energy — 4.6%** | **Energy — 4.6%** | **Energy — 4.6%** |  |
| &nbsp;&nbsp;&nbsp; BP Capital Markets America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.937%, 09/21/2028  |  | 2350 | 2315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.379%, 02/08/2061  |  | 1681 | 1047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.001%, 03/17/2052  |  | 5480 | 3348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.939%, 06/04/2051  |  | 555 | 338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.772%, 11/10/2050  |  | 1795 | 1063 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Intermediate Duration Credit Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; BP Capital Markets PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.723%, 11/28/2028  | $10659 | $10417 |
| &nbsp;&nbsp;&nbsp; Cheniere Corpus Christi Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/30/2027  | 2120 | 2136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.742%, 12/31/2039  | 2925 | 2335 |
| &nbsp;&nbsp;&nbsp; Chevron  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.236%, 05/11/2030  | 6587 | 5948 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 01/15/2065  | 4720 | 4347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/2055  | 3090 | 2849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2035  | 6600 | 6446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 01/15/2032  | 4279 | 4267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 01/15/2030  | 8530 | 8569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.025%, 03/15/2062  | 4165 | 2890 |
| &nbsp;&nbsp;&nbsp; Eastern Energy Gas Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2035  | 10910 | 11129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 10/15/2054  | 3469 | 3198 |
| &nbsp;&nbsp;&nbsp; Energy Transfer LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 12/01/2026  | 7310 | 7450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 10/01/2027  | 3820 | 3770 |
| &nbsp;&nbsp;&nbsp; Enterprise Products Operating LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 01/31/2034  | 7410 | 7273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 08/15/2042  | 3585 | 3178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 03/15/2044  | 2545 | 2232 |
| &nbsp;&nbsp;&nbsp; EOG Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 12/01/2054  | 3392 | 3210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 04/15/2030  | 2045 | 2024 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.227%, 03/19/2040  | 925 | 810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.114%, 03/01/2046  | 1740 | 1392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.452%, 04/15/2051  | 5610 | 3869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.095%, 08/16/2049  | 1110 | 722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.995%, 08/16/2039  | 2830 | 2167 |
| &nbsp;&nbsp;&nbsp; Galaxy Pipeline Assets Bidco  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.940%, 09/30/2040 (A) | 2809 | 2257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 09/30/2027 (A) | 1778 | 1710 |
| &nbsp;&nbsp;&nbsp; Greensaif Pipelines Bidco SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.103%, 08/23/2042 (A) | 2525 | 2483 |
| &nbsp;&nbsp;&nbsp; Harbour Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.327%, 04/01/2035 (A) | 2620 | 2525 |
| &nbsp;&nbsp;&nbsp; Hess  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2040  | 5910 | 6074 |
| &nbsp;&nbsp;&nbsp; HF Sinclair  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/01/2028  | 4830 | 4807 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 10/01/2054  | 1110 | 965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 10/01/2034  | 2980 | 2817 |
| &nbsp;&nbsp;&nbsp; Sabal Trail Transmission LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.246%, 05/01/2028 (A) | 3665 | 3594 |
| &nbsp;&nbsp;&nbsp; Sabine Pass Liquefaction LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 09/15/2037  | 2900 | 2962 |
| &nbsp;&nbsp;&nbsp; Saudi Arabian Oil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 06/02/2055 (A) | 3340 | 3273 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Schlumberger Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/01/2034 (A) | $| 3800 | $3685 |
| &nbsp;&nbsp;&nbsp; Shell Finance US  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 08/12/2043  |  | 3180 | 2734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 05/11/2035  |  | 4275 | 3970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/10/2046  |  | 4325 | 3367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/12/2046  |  | 4700 | 3520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 11/07/2029  |  | 2875 | 2652 |
| &nbsp;&nbsp;&nbsp; Shell International Finance BV  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 12/15/2038  |  | 1625 | 1763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 09/12/2026  |  | 340 | 333 |
| &nbsp;&nbsp;&nbsp; Tennessee Gas Pipeline LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 06/15/2032  |  | 3445 | 3919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 03/01/2030 (A) |  | 4099 | 3741 |
| &nbsp;&nbsp;&nbsp; Texas Eastern Transmission LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 01/15/2028 (A) |  | 3373 | 3294 |
| &nbsp;&nbsp;&nbsp; TotalEnergies Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.638%, 04/05/2064  |  | 30 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.488%, 04/05/2054  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.425%, 09/10/2064  |  | 2495 | 2263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.883%, 10/11/2028  |  | 5330 | 5279 |
| &nbsp;&nbsp;&nbsp; TotalEnergies Capital International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.127%, 05/29/2050  |  | 2320 | 1488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.986%, 06/29/2041  |  | 270 | 193 |
| &nbsp;&nbsp;&nbsp; Woodside Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 05/19/2030  |  | 2480 | 2487 |
|  |  |  | 188931 |
| **Financials — 34.5%** | **Financials — 34.5%** | **Financials — 34.5%** |  |
| &nbsp;&nbsp;&nbsp; AIA Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 04/09/2029 (A) |  | 8100 | 7847 |
| &nbsp;&nbsp;&nbsp; AIB Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.320%, SOFRRATE + 1.650%, 05/15/2031 (A)(B) |  | 2675 | 2699 |
| &nbsp;&nbsp;&nbsp; Aircastle Ltd / Aircastle Ireland DAC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 10/01/2031 (A) |  | 1355 | 1376 |
| &nbsp;&nbsp;&nbsp; Ally Financial  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.184%, SOFRRATE + 2.290%, 07/26/2035 (B) |  | 1545 | 1537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.737%, SOFRINDX + 1.960%, 05/15/2029 (B) |  | 1625 | 1641 |
| &nbsp;&nbsp;&nbsp; American Express  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.489%, SOFRRATE + 1.940%, 10/30/2031 (B) |  | 4178 | 4517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.667%, SOFRRATE + 1.790%, 04/25/2036 (B) |  | 1835 | 1874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.284%, SOFRRATE + 1.420%, 07/26/2035 (B) |  | 1534 | 1528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.085%, SOFRINDX + 1.020%, 01/30/2031 (B) |  | 3952 | 4012 |
| &nbsp;&nbsp;&nbsp; ANZ New Zealand International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 06/22/2026 (A) |  | 6065 | 5872 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Aon North America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/01/2054  | $2925 | $2793 |
| &nbsp;&nbsp;&nbsp; Apollo Global Management  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/21/2054  | 4285 | 4102 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 02/15/2055  | 2610 | 2420 |
| &nbsp;&nbsp;&nbsp; ASB Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.625%, 10/22/2026 (A) | 4925 | 4743 |
| &nbsp;&nbsp;&nbsp; Athene Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.721%, 10/08/2029 (A) | 6075 | 5995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 11/12/2026 (A) | 10525 | 10261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 03/24/2028 (A) | 5135 | 4825 |
| &nbsp;&nbsp;&nbsp; Athene Global Funding MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.860%, 08/27/2026 (A) | 4645 | 4656 |
| &nbsp;&nbsp;&nbsp; Atlas Warehouse Lending  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 01/15/2028 (A) | 4175 | 4200 |
| &nbsp;&nbsp;&nbsp; Avolon Holdings Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 05/04/2028 (A) | 3450 | 3571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/01/2029 (A) | 2390 | 2434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 11/15/2029 (A) | 3500 | 3560 |
| &nbsp;&nbsp;&nbsp; Banco Santander  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.607%, 11/07/2028  | 5715 | 6069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.439%, 07/15/2031  | 4600 | 4724 |
| &nbsp;&nbsp;&nbsp; Bank of America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/15/2036  | 485 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.872%, SOFRRATE + 1.840%, 09/15/2034 (B) | 6785 | 7050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.819%, SOFRRATE + 1.570%, 09/15/2029 (B) | 5460 | 5657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.744%, SOFRRATE + 1.697%, 02/12/2036 (B) | 8641 | 8582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.468%, SOFRRATE + 1.650%, 01/23/2035 (B) | 11230 | 11347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.288%, SOFRRATE + 1.910%, 04/25/2034 (B) | 6735 | 6747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.571%, SOFRRATE + 1.830%, 04/27/2033 (B) | 14305 | 13875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.419%, TSFR3M + 1.302%, 12/20/2028 (B) | 7915 | 7680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.311%, SOFRRATE + 1.580%, 04/22/2042 (B) | 9210 | 6864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.592%, SOFRRATE + 2.150%, 04/29/2031 (B) | 6300 | 5684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.572%, SOFRRATE + 1.210%, 10/20/2032 (B) | 2190 | 1899 |
| &nbsp;&nbsp;&nbsp; Bank of America MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.425%, SOFRRATE + 1.913%, 08/15/2035 (B) | 7025 | 6883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.948%, SOFRRATE + 2.040%, 07/22/2028 (B) | 4045 | 4070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.376%, SOFRRATE + 1.580%, 04/27/2028 (B) | 12350 | 12290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.271%, TSFR3M + 1.572%, 07/23/2029 (B) | 10410 | 10293 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.183%, 11/25/2027  | $7410 | $7346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.083%, TSFR3M + 3.412%, 03/20/2051 (B) | 2091 | 1615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.974%, TSFR3M + 1.472%, 02/07/2030 (B) | 5080 | 4954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.705%, TSFR3M + 1.774%, 04/24/2028 (B) | 11305 | 11114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.972%, SOFRRATE + 1.330%, 02/04/2033 (B) | 1440 | 1269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.676%, SOFRRATE + 1.930%, 06/19/2041 (B) | 32433 | 22615 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.834%, SOFRINDX + 2.074%, 10/25/2033 (B) | 5447 | 5700 |
| &nbsp;&nbsp;&nbsp; Bank of Nova Scotia  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, H15T5Y + 4.551%(B)(C) | 3150 | 3148 |
| &nbsp;&nbsp;&nbsp; Barclays PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.690%, SOFRRATE + 1.740%, 03/12/2030 (B) | 1436 | 1472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.086%, SOFRRATE + 0.960%, 02/25/2029 (B) | 3429 | 3449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.942%, SOFRRATE + 1.560%, 09/10/2030 (B) | 2970 | 2965 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 03/15/2052  | 3670 | 2751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.450%, 10/15/2030  | 4000 | 3473 |
| &nbsp;&nbsp;&nbsp; BlackRock Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/14/2054  | 5155 | 4823 |
| &nbsp;&nbsp;&nbsp; Blackstone Holdings Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 04/22/2033 (A) | 2200 | 2320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 09/10/2049 (A) | 2250 | 1515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 10/02/2027 (A) | 1878 | 1820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 03/30/2032 (A) | 2000 | 1703 |
| &nbsp;&nbsp;&nbsp; Blackstone Secured Lending Fund  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/30/2030  | 4770 | 4686 |
| &nbsp;&nbsp;&nbsp; Blue Owl Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 07/15/2030  | 4200 | 4223 |
| &nbsp;&nbsp;&nbsp; Blue Owl Technology Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 03/15/2028 (A) | 1570 | 1557 |
| &nbsp;&nbsp;&nbsp; BNP Paribas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.283%, SOFRRATE + 1.280%, 11/19/2030 (A)(B) | 4499 | 4542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, H15T1Y + 1.450%, 01/13/2029 (A)(B) | 4455 | 4501 |
| &nbsp;&nbsp;&nbsp; Brighthouse Financial Global Funding MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 04/09/2027 (A) | 10435 | 10569 |
| &nbsp;&nbsp;&nbsp; Brookfield Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.968%, 03/04/2054  | 9420 | 9105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.813%, 03/03/2055  | 1565 | 1483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.724%, 04/15/2031  | 4200 | 3733 |
| &nbsp;&nbsp;&nbsp; Cantor Fitzgerald LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/14/2027 (A) | 2335 | 2307 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Intermediate Duration Credit Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Capital One Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.650%, 05/11/2027  | $4523 | $4450 |
| &nbsp;&nbsp;&nbsp; Charles Schwab  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.853%, SOFRRATE + 2.500%, 05/19/2034 (B) | 2400 | 2500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.643%, SOFRRATE + 2.210%, 05/19/2029 (B) | 8928 | 9243 |
| &nbsp;&nbsp;&nbsp; Chubb INA Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 05/15/2036  | 1000 | 1113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 08/15/2029  | 3595 | 3631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 11/03/2045  | 1138 | 952 |
| &nbsp;&nbsp;&nbsp; CI Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 12/17/2030  | 8525 | 7437 |
| &nbsp;&nbsp;&nbsp; Cincinnati Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.920%, 05/15/2028  | 3363 | 3594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 11/01/2034  | 2882 | 3037 |
| &nbsp;&nbsp;&nbsp; Citadel Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 03/09/2026 (A) | 3615 | 3561 |
| &nbsp;&nbsp;&nbsp; Citadel LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 01/15/2027 (A) | 3620 | 3596 |
| &nbsp;&nbsp;&nbsp; Citibank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.570%, 04/30/2034  | 8510 | 8714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.914%, 05/29/2030  | 14095 | 14215 |
| &nbsp;&nbsp;&nbsp; Citigroup  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.174%, SOFRRATE + 2.661%, 05/25/2034 (B) | 5191 | 5319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.612%, SOFRRATE + 1.746%, 03/04/2056 (B) | 3400 | 3239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.333%, SOFRRATE + 1.465%, 03/27/2036 (B) | 1884 | 1858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.174%, SOFRRATE + 1.364%, 02/13/2030 (B) | 6795 | 6882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.952%, SOFRRATE + 1.463%, 05/07/2031 (B) | 9915 | 9908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.786%, SOFRRATE + 0.870%, 03/04/2029 (B) | 3335 | 3340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 09/29/2027  | 195 | 194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.281%, TSFR3M + 2.101%, 04/24/2048 (B) | 2918 | 2335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.057%, SOFRRATE + 1.351%, 01/25/2033 (B) | 6134 | 5396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.904%, SOFRRATE + 1.379%, 11/03/2042 (B) | 2140 | 1472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.561%, SOFRRATE + 1.167%, 05/01/2032 (B) | 13030 | 11381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.520%, SOFRRATE + 1.177%, 11/03/2032 (B) | 2676 | 2303 |
| &nbsp;&nbsp;&nbsp; CME Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 09/15/2043  | 2500 | 2451 |
| &nbsp;&nbsp;&nbsp; Commonwealth Bank of Australia  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.929%, H15T1Y + 1.320%, 03/14/2046 (A)(B) | 3080 | 2956 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Cooperatieve Rabobank UA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.758%, H15T1Y + 1.420%, 04/06/2033 (A)(B) | $3345 | $3073 |
| &nbsp;&nbsp;&nbsp; Corebridge Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 04/05/2029  | 2795 | 2712 |
| &nbsp;&nbsp;&nbsp; Corebridge Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 06/24/2029 (A) | 2480 | 2520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 01/07/2028 (A) | 2300 | 2327 |
| &nbsp;&nbsp;&nbsp; Danske Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.613%, H15T1Y + 1.100%, 10/02/2030 (A)(B) | 5085 | 5030 |
| &nbsp;&nbsp;&nbsp; Depository Trust & Clearing  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, H15T5Y + 2.606%(A)(B)(C) | 4000 | 3863 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank NY  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.297%, SOFRRATE + 1.720%, 05/09/2031 (B) | 4670 | 4676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.999%, SOFRRATE + 1.700%, 09/11/2030 (B) | 2090 | 2081 |
| &nbsp;&nbsp;&nbsp; Equitable Financial Life Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.400%, 08/27/2027 (A) | 1973 | 1837 |
| &nbsp;&nbsp;&nbsp; F&G Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 06/30/2026 (A) | 10151 | 9829 |
| &nbsp;&nbsp;&nbsp; Farmers Insurance Exchange  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, H15T10Y + 3.864%, 10/15/2064 (A)(B) | 1890 | 1847 |
| &nbsp;&nbsp;&nbsp; Fortitude Group Holdings LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 04/01/2030 (A) | 2675 | 2708 |
| &nbsp;&nbsp;&nbsp; GA Global Funding Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/08/2029 (A) | 5600 | 5712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 09/23/2027 (A) | 8275 | 8201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 01/06/2027 (A) | 1540 | 1479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.950%, 09/15/2028 (A) | 4665 | 4278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.625%, 01/15/2026 (A) | 6185 | 6063 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Capital I  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.345%, 02/15/2034  | 4595 | 4729 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/01/2037  | 455 | 489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 05/01/2036  | 670 | 705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.734%, SOFRRATE + 1.696%, 01/28/2056 (B) | 6440 | 6259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.727%, SOFRRATE + 1.265%, 04/25/2030 (B) | 3660 | 3783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.561%, SOFRRATE + 1.580%, 11/19/2045 (B) | 7785 | 7454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.536%, SOFRRATE + 1.380%, 01/28/2036 (B) | 3125 | 3147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.692%, SOFRRATE + 1.135%, 10/23/2030 (B) | 4850 | 4833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.411%, TSFR3M + 1.692%, 04/23/2039 (B) | 1015 | 891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.017%, TSFR3M + 1.635%, 10/31/2038 (B) | 1517 | 1292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 01/26/2027  | 155 | 154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 11/16/2026  | 2993 | 2949 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.436%, SOFRRATE + 1.632%, 02/24/2043 (B) | $2078 | $1536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.210%, SOFRRATE + 1.513%, 04/22/2042 (B) | 7235 | 5262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, SOFRRATE + 1.264%, 10/21/2032 (B) | 5467 | 4746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.640%, SOFRRATE + 1.114%, 02/24/2028 (B) | 4930 | 4763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 02/07/2030  | 1050 | 959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.383%, SOFRRATE + 1.248%, 07/21/2032 (B) | 23926 | 20589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.992%, SOFRRATE + 1.090%, 01/27/2032 (B) | 455 | 387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.948%, SOFRRATE + 0.913%, 10/21/2027 (B) | 6280 | 6049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.093%, SOFRRATE + 0.789%, 12/09/2026 (B) | 2890 | 2835 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 07/08/2044  | 4925 | 4306 |
| &nbsp;&nbsp;&nbsp; HSBC Bank USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 01/15/2039  | 7096 | 7977 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.390%, SOFRRATE + 3.350%, 11/03/2028 (B) | 5152 | 5448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.790%, SOFRRATE + 1.880%, 05/13/2036 (B) | 2720 | 2739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.240%, SOFRRATE + 1.570%, 05/13/2031 (B) | 5350 | 5374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.210%, SOFRRATE + 2.610%, 08/11/2028 (B) | 4400 | 4446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.130%, SOFRRATE + 1.040%, 11/19/2028 (B) | 3935 | 3964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.041%, TSFR3M + 1.808%, 03/13/2028 (B) | 11362 | 11228 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.208%, SOFRRATE + 2.020%, 08/21/2029 (B) | 4330 | 4513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.141%, H15T5Y + 1.700%, 11/18/2039 (B) | 1600 | 1596 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/15/2031  | 12390 | 12749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 09/21/2048  | 1454 | 1160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 06/15/2050  | 1100 | 700 |
| &nbsp;&nbsp;&nbsp; International Bank for Reconstruction & Development  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 02/14/2030  | 12410 | 12337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 07/12/2028  | 5290 | 5223 |
| &nbsp;&nbsp;&nbsp; Jackson Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 11/23/2031  | 3295 | 2861 |
| &nbsp;&nbsp;&nbsp; Jackson National Life Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/09/2026 (A) | 3000 | 3014 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 09/01/2030  | 1361 | 1599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 07/15/2025  | 1690 | 1696 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 05/15/2038  | $2812 | $3060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.254%, SOFRRATE + 1.810%, 10/23/2034 (B) | 13690 | 14639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.581%, SOFRRATE + 1.160%, 04/22/2030 (B) | 3960 | 4088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.572%, SOFRRATE + 1.680%, 04/22/2036 (B) | 4735 | 4817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.534%, SOFRRATE + 1.550%, 11/29/2045 (B) | 8153 | 7985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.336%, SOFRRATE + 1.620%, 01/23/2035 (B) | 2775 | 2792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.294%, SOFRRATE + 1.460%, 07/22/2035 (B) | 8029 | 8014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.103%, SOFRRATE + 1.435%, 04/22/2031 (B) | 2060 | 2090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.090%, TSFR3M + 0.812%, 02/01/2027 (B) | 1630 | 1608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.912%, SOFRRATE + 2.080%, 07/25/2033 (B) | 595 | 590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.565%, SOFRRATE + 1.750%, 06/14/2030 (B) | 5910 | 5886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.505%, SOFRRATE + 0.860%, 10/22/2028 (B) | 6560 | 6547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.964%, TSFR3M + 1.642%, 11/15/2048 (B) | 3784 | 2938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.882%, TSFR3M + 1.622%, 07/24/2038 (B) | 6195 | 5335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.509%, TSFR3M + 1.207%, 01/23/2029 (B) | 12727 | 12383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.157%, SOFRRATE + 1.460%, 04/22/2042 (B) | 10745 | 7914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.522%, SOFRRATE + 2.040%, 04/22/2031 (B) | 7903 | 7132 |
| &nbsp;&nbsp;&nbsp; KKR Group Finance III LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/01/2044 (A) | 1824 | 1607 |
| &nbsp;&nbsp;&nbsp; KKR Group Finance XII LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 05/17/2032 (A) | 3073 | 3002 |
| &nbsp;&nbsp;&nbsp; Kreditanstalt fuer Wiederaufbau  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 06/15/2028  | 13775 | 13772 |
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.679%, H15T1Y + 1.750%, 01/05/2035 (B) | 2641 | 2669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.087%, H15T1Y + 0.850%, 11/26/2028 (B) | 3725 | 3759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.627%, H15T1Y + 0.850%, 05/11/2027 (B) | 2636 | 2561 |
| &nbsp;&nbsp;&nbsp; LSEGA Financing PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 04/06/2041 (A) | 3618 | 2699 |
| &nbsp;&nbsp;&nbsp; Macquarie Airfinance Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 03/27/2028 (A) | 4380 | 4393 |
| &nbsp;&nbsp;&nbsp; Macquarie Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.208%, 06/15/2026 (A) | 2680 | 2702 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Intermediate Duration Credit Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Macquarie Group MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.629%, SOFRRATE + 0.910%, 09/23/2027 (A)(B) | $3944 | $3789 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 11/01/2052  | 2770 | 2902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/15/2054  | 335 | 315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 03/15/2049  | 1030 | 905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/15/2039  | 5100 | 4747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 01/30/2047  | 1265 | 1043 |
| &nbsp;&nbsp;&nbsp; Massachusetts Mutual Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 04/15/2050 (A) | 1153 | 767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 12/01/2061 (A) | 7385 | 4316 |
| &nbsp;&nbsp;&nbsp; MassMutual Global Funding II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.200%, 07/16/2026 (A) | 6000 | 5799 |
| &nbsp;&nbsp;&nbsp; Mastercard  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 03/26/2027  | 2770 | 2735 |
| &nbsp;&nbsp;&nbsp; Met Tower Global Funding MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 09/14/2026 (A) | 7645 | 7335 |
| &nbsp;&nbsp;&nbsp; MetLife  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 06/15/2034  | 3840 | 4191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2054  | 95 | 87 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/2052  | 5295 | 4687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 03/01/2045  | 2855 | 2284 |
| &nbsp;&nbsp;&nbsp; Metropolitan Life Global Funding I  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 04/09/2030 (A) | 2735 | 2530 |
| &nbsp;&nbsp;&nbsp; Metropolitan Life Global Funding I MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 03/28/2033 (A) | 4945 | 4959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.400%, 01/11/2032 (A) | 6070 | 5174 |
| &nbsp;&nbsp;&nbsp; Moody's  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 08/19/2031  | 2847 | 2433 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.664%, SOFRRATE + 1.757%, 04/17/2036 (B) | 11769 | 11961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.516%, SOFRRATE + 1.710%, 11/19/2055 (B) | 9397 | 8954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.466%, SOFRRATE + 1.730%, 01/18/2035 (B) | 6840 | 6881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.230%, SOFRRATE + 1.108%, 01/15/2031 (B) | 4835 | 4906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.192%, SOFRRATE + 1.510%, 04/17/2031 (B) | 2060 | 2090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.123%, SOFRRATE + 1.730%, 02/01/2029 (B) | 3170 | 3208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.042%, SOFRRATE + 1.215%, 07/19/2030 (B) | 5385 | 5439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.654%, SOFRRATE + 1.100%, 10/18/2030 (B) | 5040 | 5006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.210%, SOFRRATE + 1.610%, 04/20/2028 (B) | 15979 | 15859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.217%, SOFRRATE + 1.485%, 04/22/2042 (B) | 867 | 637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.593%, SOFRRATE + 0.879%, 05/04/2027 (B) | 9665 | 9392 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Morgan Stanley MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.831%, SOFRRATE + 1.580%, 04/19/2035 (B) | $6620 | $6826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.656%, SOFRRATE + 1.260%, 04/18/2030 (B) | 4345 | 4485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, SOFRRATE + 1.870%, 04/21/2034 (B) | 6360 | 6356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/27/2045  | 4510 | 3743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.971%, TSFR3M + 1.455%, 07/22/2038 (B) | 3370 | 2880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.475%, SOFRRATE + 1.000%, 01/21/2028 (B) | 3840 | 3707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.239%, SOFRRATE + 1.178%, 07/21/2032 (B) | 10150 | 8644 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Direct Lending Fund  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/19/2030  | 3000 | 3013 |
| &nbsp;&nbsp;&nbsp; Mutual of Omaha Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 04/09/2027 (A) | 3450 | 3490 |
| &nbsp;&nbsp;&nbsp; National Securities Clearing  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 05/20/2030 (A) | 2170 | 2185 |
| &nbsp;&nbsp;&nbsp; Nationwide Building Society MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.972%, SOFRRATE + 1.290%, 02/16/2028 (A)(B) | 5400 | 5249 |
| &nbsp;&nbsp;&nbsp; Nationwide Mutual Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.375%, 08/15/2039 (A) | 2625 | 3361 |
| &nbsp;&nbsp;&nbsp; NatWest Group PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.472%, H15T1Y + 2.850%, 11/10/2026 (B) | 3976 | 4022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.516%, H15T1Y + 2.270%, 09/30/2028 (B) | 3775 | 3837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.642%, H15T1Y + 0.900%, 06/14/2027 (B) | 4320 | 4186 |
| &nbsp;&nbsp;&nbsp; New York Life Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 06/13/2028 (A) | 8225 | 8351 |
| &nbsp;&nbsp;&nbsp; New York Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 05/15/2033 (A) | 970 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 05/15/2050 (A) | 1420 | 1020 |
| &nbsp;&nbsp;&nbsp; Northwestern Mutual Global Funding MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 06/12/2028 (A) | 3000 | 3043 |
| &nbsp;&nbsp;&nbsp; Northwestern Mutual Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.170%, 05/29/2055 (A) | 1870 | 1923 |
| &nbsp;&nbsp;&nbsp; Pacific Life Global Funding II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/28/2026 (A) | 7810 | 7914 |
| &nbsp;&nbsp;&nbsp; Pacific Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, SOFRRATE + 2.796%, 10/24/2067 (A)(B) | 3845 | 2948 |
| &nbsp;&nbsp;&nbsp; PayPal Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 04/01/2035  | 6410 | 6319 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, SOFRRATE + 2.284%, 10/20/2034 (B) | 2725 | 2988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.812%, SOFRRATE + 1.322%, 06/12/2026 (B) | 4661 | 4662 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.582%, SOFRRATE + 1.841%, 06/12/2029 (B) | $11463 | $11795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.575%, SOFRRATE + 1.394%, 01/29/2036 (B) | 1150 | 1158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.492%, SOFRRATE + 1.198%, 05/14/2030 (B) | 2772 | 2850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.401%, SOFRRATE + 1.599%, 07/23/2035 (B) | 6150 | 6138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.899%, SOFRRATE + 1.333%, 05/13/2031 (B) | 5620 | 5626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.812%, SOFRRATE + 1.259%, 10/21/2032 (B) | 4640 | 4582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.600%, 07/23/2026  | 7380 | 7240 |
| &nbsp;&nbsp;&nbsp; Pricoa Global Funding I  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 05/28/2035 (A) | 3150 | 3160 |
| &nbsp;&nbsp;&nbsp; Principal Life Global Funding II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 01/09/2028 (A) | 3020 | 3044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 08/27/2030 (A) | 3374 | 2866 |
| &nbsp;&nbsp;&nbsp; Prudential Financial MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 12/14/2036  | 1660 | 1706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 03/10/2026  | 2445 | 2389 |
| &nbsp;&nbsp;&nbsp; Prudential Funding Asia PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 04/14/2030  | 2008 | 1886 |
| &nbsp;&nbsp;&nbsp; Prudential Insurance of America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.300%, 07/01/2025 (A) | 2820 | 2827 |
| &nbsp;&nbsp;&nbsp; Radian Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 05/15/2029  | 2395 | 2466 |
| &nbsp;&nbsp;&nbsp; RGA Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 12/06/2031 (A) | 10090 | 9966 |
| &nbsp;&nbsp;&nbsp; Royal Bank of Canada MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 11/01/2027  | 10124 | 10492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.300%, 11/03/2031  | 2095 | 1813 |
| &nbsp;&nbsp;&nbsp; S&P Global  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 03/01/2029  | 6138 | 5785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.450%, 03/01/2027  | 11945 | 11586 |
| &nbsp;&nbsp;&nbsp; SBL Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.200%, 10/30/2034 (A) | 910 | 857 |
| &nbsp;&nbsp;&nbsp; State Street  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.159%, SOFRRATE + 1.890%, 05/18/2034 (B) | 3189 | 3213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.421%, SOFRRATE + 1.605%, 05/13/2033 (B) | 3026 | 2941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.031%, SOFRRATE + 1.490%, 11/01/2034 (B) | 5385 | 4909 |
| &nbsp;&nbsp;&nbsp; Synchrony Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.935%, SOFRINDX + 2.130%, 08/02/2030 (B) | 3175 | 3217 |
| &nbsp;&nbsp;&nbsp; Transatlantic Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/30/2039  | 5338 | 6464 |
| &nbsp;&nbsp;&nbsp; Travelers  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 05/25/2053  | 8280 | 7920 |
| &nbsp;&nbsp;&nbsp; Truist Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 03/11/2030  | 1000 | 884 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Truist Financial MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.161%, SOFRRATE + 2.446%, 10/30/2029 (B) | $10754 | $11577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.047%, SOFRRATE + 2.050%, 06/08/2027 (B) | 1240 | 1256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.867%, SOFRRATE + 2.361%, 06/08/2034 (B) | 11315 | 11592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.711%, SOFRRATE + 1.922%, 01/24/2035 (B) | 9340 | 9491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.122%, SOFRRATE + 1.852%, 01/26/2034 (B) | 1785 | 1750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.873%, SOFRRATE + 1.435%, 01/26/2029 (B) | 4870 | 4897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.887%, SOFRRATE + 0.862%, 06/07/2029 (B) | 8456 | 7816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.200%, 08/05/2025  | 3458 | 3437 |
| &nbsp;&nbsp;&nbsp; UBS  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/26/2048  | 3325 | 2782 |
| &nbsp;&nbsp;&nbsp; UBS Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.703%, H15T1Y + 2.050%, 08/05/2027 (A)(B) | 11845 | 11836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.869%, SOFRRATE + 1.410%, 01/12/2029 (A)(B) | 3120 | 3054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.494%, H15T1Y + 0.850%, 08/10/2027 (A)(B) | 2100 | 2020 |
| &nbsp;&nbsp;&nbsp; US Bancorp  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, SOFRRATE + 2.090%, 10/21/2033 (B) | 5429 | 5627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.836%, SOFRRATE + 2.260%, 06/12/2034 (B) | 5145 | 5313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.775%, SOFRRATE + 2.020%, 06/12/2029 (B) | 5395 | 5569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.678%, SOFRRATE + 1.860%, 01/23/2035 (B) | 1490 | 1518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.424%, SOFRRATE + 1.411%, 02/12/2036 (B) | 1795 | 1791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, SOFRRATE + 1.250%, 07/23/2030 (B) | 4455 | 4510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.083%, SOFRRATE + 1.296%, 05/15/2031 (B) | 4560 | 4597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.839%, SOFRRATE + 1.600%, 02/01/2034 (B) | 3670 | 3560 |
| &nbsp;&nbsp;&nbsp; Visa  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 12/14/2035  | 1125 | 1059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 04/15/2040  | 345 | 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 08/15/2050  | 3610 | 1925 |
| &nbsp;&nbsp;&nbsp; Wells Fargo  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.600%, 01/15/2038  | 2620 | 2839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.491%, SOFRRATE + 2.060%, 10/23/2034 (B) | 3365 | 3609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 12/15/2036  | 1035 | 1028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.606%, 01/15/2044  | 1186 | 1116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.605%, SOFRRATE + 1.740%, 04/23/2036 (B) | 5650 | 5716 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Intermediate Duration Credit Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.499%, SOFRRATE + 1.780%, 01/23/2035 (B) | $| 605 | $608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.389%, SOFRRATE + 2.020%, 04/24/2034 (B) |  | 3600 | 3615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.244%, SOFRRATE + 1.110%, 01/24/2031 (B) |  | 4140 | 4202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.970%, SOFRRATE + 1.370%, 04/23/2029 (B) |  | 3420 | 3445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.068%, SOFRRATE + 2.530%, 04/30/2041 (B) |  | 970 | 711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 04/22/2026  |  | 2765 | 2727 |
| &nbsp;&nbsp;&nbsp; Wells Fargo MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.707%, SOFRRATE + 1.070%, 04/22/2028 (B) |  | 6090 | 6202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.557%, SOFRRATE + 1.990%, 07/25/2034 (B) |  | 10235 | 10366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.013%, TSFR3M + 4.502%, 04/04/2051 (B) |  | 5500 | 4826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 11/17/2045  |  | 1645 | 1404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 12/07/2046  |  | 3498 | 2894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.611%, SOFRRATE + 2.130%, 04/25/2053 (B) |  | 3850 | 3171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 06/14/2046  |  | 1215 | 962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.584%, TSFR3M + 1.572%, 05/22/2028 (B) |  | 12541 | 12288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.196%, TSFR3M + 1.432%, 06/17/2027 (B) |  | 12215 | 12039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.879%, TSFR3M + 1.432%, 10/30/2030 (B) |  | 4665 | 4305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.393%, SOFRRATE + 2.100%, 06/02/2028 (B) |  | 8785 | 8408 |
| &nbsp;&nbsp;&nbsp; Westpac Banking  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.618%, H15T1Y + 1.200%, 11/20/2035 (B) |  | 2595 | 2576 |
| &nbsp;&nbsp;&nbsp; XL Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 12/15/2043  |  | 2417 | 2271 |
|  |  |  | 1422304 |
| **Health Care — 7.7%** | **Health Care — 7.7%** | **Health Care — 7.7%** |  |
| &nbsp;&nbsp;&nbsp; AbbVie  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 03/15/2055  |  | 1955 | 1906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/15/2034  |  | 10470 | 10500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 03/15/2031  |  | 3000 | 3049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 03/15/2035  |  | 3630 | 3466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/21/2049  |  | 7411 | 5937 |
| &nbsp;&nbsp;&nbsp; Advocate Health & Hospitals  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.272%, 08/15/2048  |  | 2984 | 2328 |
| &nbsp;&nbsp;&nbsp; Amgen  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 03/02/2053  |  | 2800 | 2665 |
| &nbsp;&nbsp;&nbsp; Ascension Health  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.945%, 11/15/2046  |  | 2394 | 1874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.106%, 11/15/2039  |  | 1765 | 1349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.532%, 11/15/2029  |  | 3710 | 3420 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Astrazeneca Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 02/26/2031  | $8030 | $8180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.200%, 05/28/2026  | 12100 | 11747 |
| &nbsp;&nbsp;&nbsp; AstraZeneca PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 09/15/2037  | 9075 | 10019 |
| &nbsp;&nbsp;&nbsp; Banner Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.907%, 01/01/2042  | 2652 | 1816 |
| &nbsp;&nbsp;&nbsp; Bayer US Finance LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/21/2053 (A) | 1765 | 1786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 11/21/2033 (A) | 955 | 994 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 02/22/2054  | 2414 | 2292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 07/26/2029  | 3982 | 3834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 06/15/2026  | 1775 | 1755 |
| &nbsp;&nbsp;&nbsp; Cencora  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/15/2027  | 8075 | 8119 |
| &nbsp;&nbsp;&nbsp; Centene  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/15/2029  | 8450 | 8137 |
| &nbsp;&nbsp;&nbsp; CVS Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/25/2048  | 7460 | 6220 |
| &nbsp;&nbsp;&nbsp; Elevance Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 02/15/2055  | 4150 | 3902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 03/15/2031  | 4780 | 4231 |
| &nbsp;&nbsp;&nbsp; Eli Lilly  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/12/2055  | 3890 | 3805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 08/14/2064  | 1075 | 990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 02/12/2035  | 7655 | 7702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 02/09/2064  | 3570 | 3216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 08/14/2054  | 1785 | 1630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 02/27/2063  | 3180 | 2800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 02/27/2053  | 2652 | 2354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 03/15/2049  | 1285 | 1000 |
| &nbsp;&nbsp;&nbsp; HCA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/15/2049  | 5210 | 4506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/01/2028  | 8720 | 8812 |
| &nbsp;&nbsp;&nbsp; Health Care Service A Mutual Legal Reserve  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 06/15/2054 (A) | 2278 | 2146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 06/01/2050 (A) | 2225 | 1401 |
| &nbsp;&nbsp;&nbsp; Horizon Mutual Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 11/15/2034 (A) | 3755 | 3640 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 03/03/2047  | 1400 | 1102 |
| &nbsp;&nbsp;&nbsp; Kaiser Foundation Hospitals  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 05/01/2047  | 930 | 741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 05/01/2027  | 2005 | 1956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.810%, 06/01/2041  | 4980 | 3454 |
| &nbsp;&nbsp;&nbsp; Medtronic  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/15/2035  | 1732 | 1647 |
| &nbsp;&nbsp;&nbsp; Memorial Health Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.447%, 11/01/2049  | 1865 | 1276 |
| &nbsp;&nbsp;&nbsp; Merck  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 05/17/2044  | 4615 | 4215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 05/17/2033  | 2985 | 2933 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 09/15/2042  | $2145 | $1657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 12/10/2051  | 4355 | 2610 |
| &nbsp;&nbsp;&nbsp; MultiCare Health System  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.803%, 08/15/2050  | 5000 | 2908 |
| &nbsp;&nbsp;&nbsp; Nationwide Children's Hospital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.556%, 11/01/2052  | 1135 | 949 |
| &nbsp;&nbsp;&nbsp; New York and Presbyterian Hospital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.763%, 08/01/2116  | 1395 | 1092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.651%, 08/01/2030  | 2487 | 2126 |
| &nbsp;&nbsp;&nbsp; Northwell Healthcare  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.260%, 11/01/2047  | 2045 | 1566 |
| &nbsp;&nbsp;&nbsp; Novartis Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 05/06/2044  | 30 | 26 |
| &nbsp;&nbsp;&nbsp; OhioHealth  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.834%, 11/15/2041  | 4000 | 2773 |
| &nbsp;&nbsp;&nbsp; Pfizer  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 09/15/2048  | 3790 | 3043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 12/15/2026  | 2230 | 2195 |
| &nbsp;&nbsp;&nbsp; Pfizer Investment Enterprises Pte  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/19/2053  | 6000 | 5499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.110%, 05/19/2043  | 8025 | 7481 |
| &nbsp;&nbsp;&nbsp; Pharmacia LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.600%, 12/01/2028  | 1100 | 1177 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 12/15/2027  | 3835 | 3857 |
| &nbsp;&nbsp;&nbsp; Roche Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.593%, 11/13/2033 (A) | 1700 | 1778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.265%, 11/13/2026 (A) | 7315 | 7418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.218%, 03/08/2054 (A) | 2530 | 2379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.930%, 12/13/2028 (A) | 3231 | 2985 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 09/02/2054  | 1540 | 1447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 09/02/2051  | 720 | 447 |
| &nbsp;&nbsp;&nbsp; Rush Obligated Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.922%, 11/15/2029  | 3828 | 3711 |
| &nbsp;&nbsp;&nbsp; Solventum  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/13/2031  | 4030 | 4125 |
| &nbsp;&nbsp;&nbsp; Stanford Health Care  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.310%, 08/15/2030  | 1055 | 996 |
| &nbsp;&nbsp;&nbsp; Sutter Health  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.164%, 08/15/2033  | 5794 | 5784 |
| &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.050%, 03/31/2030  | 3352 | 2970 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 12/05/2026  | 7315 | 7383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/31/2029  | 2480 | 2536 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 02/15/2053  | 9365 | 9040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 07/15/2064  | 1015 | 947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 07/15/2054  | 14053 | 13135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/15/2044  | 5710 | 5369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 04/15/2054  | 2000 | 1800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 01/15/2032  | 1515 | 1506 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 01/15/2030  | $| 2800 | $2813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 07/15/2045  |  | 1400 | 1195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2052  |  | 2620 | 2152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 07/15/2035  |  | 4550 | 4300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/15/2033  |  | 3788 | 3613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 01/15/2047  |  | 1432 | 1107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 12/15/2028  |  | 1835 | 1794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 06/15/2028  |  | 1370 | 1347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.300%, 05/15/2031  |  | 8585 | 7450 |
| &nbsp;&nbsp;&nbsp; Wyeth LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 02/15/2036  |  | 1400 | 1483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 04/01/2037  |  | 3960 | 4149 |
|  |  |  | 316970 |
| **Industrials — 7.5%** | **Industrials — 7.5%** | **Industrials — 7.5%** |  |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC / AerCap Global Aviation Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.450%, 04/15/2027  |  | 4951 | 5095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 09/30/2030  |  | 2095 | 2212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 01/15/2027  |  | 3205 | 3268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 09/10/2034  |  | 4760 | 4568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 09/10/2029  |  | 3615 | 3587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 10/29/2041  |  | 525 | 409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 01/30/2032  |  | 9295 | 8254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.450%, 10/29/2026  |  | 2820 | 2733 |
| &nbsp;&nbsp;&nbsp; Airbus  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 04/10/2047 (A) |  | 2800 | 2215 |
| &nbsp;&nbsp;&nbsp; BAE Systems PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 10/11/2041 (A) |  | 1040 | 1039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 04/15/2030 (A) |  | 1387 | 1311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 09/15/2050 (A) |  | 2780 | 1763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.900%, 02/15/2031 (A) |  | 2718 | 2329 |
| &nbsp;&nbsp;&nbsp; Boeing  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.008%, 05/01/2064  |  | 745 | 796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.858%, 05/01/2054  |  | 1890 | 2016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.528%, 05/01/2034  |  | 7525 | 8032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.298%, 05/01/2029  |  | 2940 | 3092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.805%, 05/01/2050  |  | 4890 | 4579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 05/01/2030  |  | 9590 | 9674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/01/2050  |  | 1620 | 1110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 05/01/2026  |  | 3945 | 3886 |
| &nbsp;&nbsp;&nbsp; Burlington Northern Santa Fe LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2055  |  | 2065 | 1998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 04/15/2054  |  | 330 | 306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 04/01/2044  |  | 2563 | 2342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 09/01/2044  |  | 5145 | 4457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 01/15/2053  |  | 3424 | 2828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 09/01/2042  |  | 365 | 312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 04/01/2045  |  | 3140 | 2569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 02/15/2051  |  | 695 | 448 |
| &nbsp;&nbsp;&nbsp; Canadian National Railway  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 08/05/2032  |  | 2990 | 2795 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Intermediate Duration Credit Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Caterpillar  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 05/15/2035  | $8395 | $8425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.803%, 08/15/2042  | 1585 | 1282 |
| &nbsp;&nbsp;&nbsp; Caterpillar Financial Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 08/11/2025  | 8905 | 8914 |
| &nbsp;&nbsp;&nbsp; Caterpillar Financial Services MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 08/12/2027  | 9620 | 9494 |
| &nbsp;&nbsp;&nbsp; CSX  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 06/15/2035  | 4129 | 4077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 09/15/2049  | 3226 | 2190 |
| &nbsp;&nbsp;&nbsp; Cummins  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 02/20/2054  | 3528 | 3322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 02/15/2031  | 3744 | 3731 |
| &nbsp;&nbsp;&nbsp; Deere  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 01/19/2055  | 1461 | 1471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 04/15/2030  | 2333 | 2196 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines Pass-Through Trust, Ser 2015-1, Cl A  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 07/30/2027  | 921 | 886 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines Pass-Through Trust, Ser 2020-1, Cl AA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/10/2028  | 2339 | 2184 |
| &nbsp;&nbsp;&nbsp; Emerson Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/15/2035  | 2411 | 2423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.200%, 12/21/2031  | 6250 | 5429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.800%, 10/15/2027  | 1930 | 1829 |
| &nbsp;&nbsp;&nbsp; General Dynamics  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 08/15/2035  | 6317 | 6215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2040  | 1000 | 874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/01/2050  | 2490 | 2038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 06/01/2041  | 3670 | 2620 |
| &nbsp;&nbsp;&nbsp; Holcim Finance US LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 04/07/2028 (A) | 1625 | 1633 |
| &nbsp;&nbsp;&nbsp; Honeywell International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/01/2054  | 5129 | 4743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.750%, 09/01/2031  | 1980 | 1666 |
| &nbsp;&nbsp;&nbsp; John Deere Capital MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 07/14/2028  | 2100 | 2144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.800%, 07/18/2029  | 11720 | 11046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 06/10/2026  | 350 | 344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.350%, 03/08/2027  | 9575 | 9279 |
| &nbsp;&nbsp;&nbsp; L3Harris Technologies  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 06/15/2028  | 3750 | 3735 |
| &nbsp;&nbsp;&nbsp; Leidos  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/15/2032  | 3350 | 3374 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2033  | 6748 | 6941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.070%, 12/15/2042  | 3300 | 2723 |
| &nbsp;&nbsp;&nbsp; PACCAR Financial MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/22/2034  | 5000 | 4997 |
| &nbsp;&nbsp;&nbsp; Penske Truck Leasing LP / PTL Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/01/2029 (A) | 4850 | 4916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/15/2025 (A) | 2904 | 2901 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Protective Life Global Funding  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.618%, 04/15/2026 (A) | $| 7358 | $7182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.170%, 07/15/2025 (A) |  | 1476 | 1470 |
| &nbsp;&nbsp;&nbsp; RTX  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2042  |  | 2300 | 1990 |
| &nbsp;&nbsp;&nbsp; Ryder System  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.300%, 12/01/2028  |  | 5750 | 6033 |
| &nbsp;&nbsp;&nbsp; Ryder System MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 06/01/2025  |  | 4800 | 4800 |
| &nbsp;&nbsp;&nbsp; Siemens Financieringsmaatschappij  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.700%, 03/11/2028 (A) |  | 5275 | 4936 |
| &nbsp;&nbsp;&nbsp; Siemens Funding BV  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 05/28/2065 (A) |  | 1160 | 1176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/28/2055 (A) |  | 2320 | 2349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 05/28/2035 (A) |  | 8020 | 8050 |
| &nbsp;&nbsp;&nbsp; Snap-on  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 03/01/2048  |  | 126 | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.100%, 05/01/2050  |  | 3240 | 2105 |
| &nbsp;&nbsp;&nbsp; Tampa Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 03/01/2035  |  | 4425 | 4365 |
| &nbsp;&nbsp;&nbsp; TTX  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 02/01/2049 (A) |  | 3000 | 2513 |
| &nbsp;&nbsp;&nbsp; TTX MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/25/2026 (A) |  | 1510 | 1527 |
| &nbsp;&nbsp;&nbsp; Union Pacific  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 05/15/2053  |  | 340 | 302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 02/14/2053  |  | 6365 | 4380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 02/14/2042  |  | 1135 | 856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 03/10/2052  |  | 5586 | 3456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 05/20/2031  |  | 3635 | 3225 |
| &nbsp;&nbsp;&nbsp; Union Pacific MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 08/15/2039  |  | 1275 | 1043 |
| &nbsp;&nbsp;&nbsp; United Airlines Pass-Through Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 05/01/2032  |  | 2109 | 1863 |
| &nbsp;&nbsp;&nbsp; United Airlines Pass-Through Trust, Ser 2019-1, Cl AA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 08/25/2031  |  | 1157 | 1093 |
| &nbsp;&nbsp;&nbsp; United Parcel Service  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 05/14/2065  |  | 2505 | 2489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 05/14/2055  |  | 3190 | 3175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/14/2035  |  | 8600 | 8594 |
| &nbsp;&nbsp;&nbsp; Verisk Analytics  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 05/15/2050  |  | 2485 | 1732 |
| &nbsp;&nbsp;&nbsp; Waste Management  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 07/03/2031  |  | 3274 | 3325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 03/15/2032  |  | 2000 | 2003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/15/2028  |  | 4640 | 4670 |
|  |  |  | 310866 |
| **Information Technology — 3.4%** | **Information Technology — 3.4%** | **Information Technology — 3.4%** |  |
| &nbsp;&nbsp;&nbsp; Accenture Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/04/2031  |  | 10241 | 10056 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Amphenol  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 04/05/2034  | $4090 | $4138 |
| &nbsp;&nbsp;&nbsp; Analog Devices  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 10/01/2051  | 1918 | 1208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.700%, 10/01/2028  | 2565 | 2356 |
| &nbsp;&nbsp;&nbsp; Apple  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/12/2035  | 8185 | 8120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 02/23/2046  | 360 | 323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 05/04/2043  | 65 | 53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 08/04/2046  | 5155 | 4086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 02/23/2026  | 2965 | 2940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 08/05/2061  | 2000 | 1171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 05/11/2050  | 3755 | 2293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 02/08/2041  | 2210 | 1514 |
| &nbsp;&nbsp;&nbsp; Broadcom  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 07/12/2029  | 3932 | 4003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.926%, 05/15/2037 (A) | 2500 | 2382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 10/15/2034  | 1855 | 1806 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 09/10/2027  | 2875 | 2864 |
| &nbsp;&nbsp;&nbsp; Cisco Systems  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 02/15/2039  | 3307 | 3480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 02/26/2054  | 4214 | 3988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 02/26/2031  | 5970 | 6090 |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 01/25/2036 (A) | 3525 | 3580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 01/25/2033 (A) | 4869 | 4969 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/15/2034  | 1755 | 1709 |
| &nbsp;&nbsp;&nbsp; IBM International Capital Pte  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 02/05/2044  | 2065 | 1939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 02/05/2027  | 1805 | 1811 |
| &nbsp;&nbsp;&nbsp; Intel  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.734%, 12/08/2047  | 1514 | 1029 |
| &nbsp;&nbsp;&nbsp; International Business Machines  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 05/15/2039  | 2325 | 2003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.200%, 02/09/2027  | 2700 | 2604 |
| &nbsp;&nbsp;&nbsp; Intuit  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/15/2053  | 7775 | 7525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/15/2026  | 7360 | 7441 |
| &nbsp;&nbsp;&nbsp; KLA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 11/01/2034  | 2000 | 2070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 07/15/2052  | 1817 | 1612 |
| &nbsp;&nbsp;&nbsp; Microsoft  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 08/08/2046  | 4759 | 3776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.041%, 03/17/2062  | 1100 | 695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.525%, 06/01/2050  | 1078 | 654 |
| &nbsp;&nbsp;&nbsp; NXP BV / NXP FUNDING LLC / NXP USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2033  | 1975 | 1926 |
| &nbsp;&nbsp;&nbsp; Oracle  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 05/15/2055  | 680 | 516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/15/2046  | 2275 | 1703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 11/15/2037  | 2190 | 1826 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 04/01/2040  | $| 3963 | $3096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 04/01/2030  |  | 5950 | 5510 |
| &nbsp;&nbsp;&nbsp; QUALCOMM  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 05/20/2047  |  | 1211 | 992 |
| &nbsp;&nbsp;&nbsp; Sprint Capital  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 03/15/2032  |  | 5600 | 6708 |
| &nbsp;&nbsp;&nbsp; Texas Instruments  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 05/18/2063  |  | 3558 | 3142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 09/04/2029  |  | 4695 | 4321 |
| &nbsp;&nbsp;&nbsp; Vontier  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.800%, 04/01/2026  |  | 1205 | 1175 |
| &nbsp;&nbsp;&nbsp; Wipro IT Services LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.500%, 06/23/2026 (A) |  | 4937 | 4771 |
|  |  |  | 141974 |
| **Materials — 2.2%** | **Materials — 2.2%** | **Materials — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; Anglo American Capital PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/16/2052 (A) |  | 5715 | 4586 |
| &nbsp;&nbsp;&nbsp; ArcelorMittal  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 06/17/2054  |  | 2415 | 2365 |
| &nbsp;&nbsp;&nbsp; Barrick North America Finance LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/01/2043  |  | 4115 | 4036 |
| &nbsp;&nbsp;&nbsp; BHP Billiton Finance USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.420%, 03/01/2026  |  | 1590 | 1611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 09/08/2028  |  | 7515 | 7676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/30/2043  |  | 1400 | 1291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 02/27/2026  |  | 3545 | 3555 |
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.200%, 11/15/2033  |  | 1255 | 1310 |
| &nbsp;&nbsp;&nbsp; Chevron Phillips Chemical LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2030 (A) |  | 2966 | 2983 |
| &nbsp;&nbsp;&nbsp; Ecolab  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.650%, 02/01/2027  |  | 8190 | 7852 |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 09/01/2029  |  | 1664 | 1680 |
| &nbsp;&nbsp;&nbsp; Glencore Funding LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.141%, 04/01/2055 (A) |  | 3019 | 2959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.634%, 04/04/2034 (A) |  | 5365 | 5396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.186%, 04/01/2030 (A) |  | 7700 | 7788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.907%, 04/01/2028 (A) |  | 7655 | 7691 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 09/26/2048  |  | 1846 | 1515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.300%, 11/01/2030 (A) |  | 1743 | 1519 |
| &nbsp;&nbsp;&nbsp; Orbia Advance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.800%, 05/13/2030 (A) |  | 1625 | 1632 |
| &nbsp;&nbsp;&nbsp; PPG Industries  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.200%, 03/15/2026  |  | 3325 | 3237 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Finance USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 11/02/2040  |  | 2285 | 2195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.750%, 11/02/2051  |  | 4000 | 2347 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Finance USA PLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/14/2035  |  | 6270 | 6251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/14/2032  |  | 5485 | 5507 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Intermediate Duration Credit Fund** (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 03/14/2030  | $| 2413 | $2439 |
| &nbsp;&nbsp;&nbsp; Windfall Mining Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.854%, 05/13/2032 (A) |  | 2995 | 2989 |
|  |  |  | 92410 |
| **Real Estate — 2.8%** | **Real Estate — 2.8%** | **Real Estate — 2.8%** |  |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.350%, 05/15/2027  |  | 5480 | 5374 |
| &nbsp;&nbsp;&nbsp; Boston Properties LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 12/01/2028  |  | 2630 | 2592 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 04/01/2028  |  | 9320 | 9581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 06/15/2035  |  | 8334 | 8178 |
| &nbsp;&nbsp;&nbsp; Federal Realty OP LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, 02/15/2026  |  | 5026 | 4902 |
| &nbsp;&nbsp;&nbsp; Piedmont Operating Partnership LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 08/15/2030  |  | 10090 | 8893 |
| &nbsp;&nbsp;&nbsp; Prologis LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2035  |  | 1800 | 1790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 06/15/2033  |  | 2905 | 2849 |
| &nbsp;&nbsp;&nbsp; Prologis Targeted US Logistics Fund LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 04/01/2029 (A) |  | 4800 | 4912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2035 (A) |  | 2916 | 2880 |
| &nbsp;&nbsp;&nbsp; Realty Income  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 10/13/2032  |  | 6470 | 6691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 01/15/2027  |  | 1810 | 1768 |
| &nbsp;&nbsp;&nbsp; Regency Centers LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2034  |  | 3420 | 3423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 01/15/2035  |  | 2590 | 2555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/2032  |  | 1988 | 1984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 03/15/2049  |  | 280 | 236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 02/01/2047  |  | 1615 | 1312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 09/15/2029  |  | 3690 | 3462 |
| &nbsp;&nbsp;&nbsp; Sabra Health Care LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 10/15/2029  |  | 4275 | 4009 |
| &nbsp;&nbsp;&nbsp; Scentre Group Trust 1/ Scentre Group Trust 2  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 03/23/2027 (A) |  | 895 | 880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 01/28/2026 (A) |  | 13406 | 13307 |
| &nbsp;&nbsp;&nbsp; Scentre Group Trust 2  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, H15T5Y + 4.685%, 09/24/2080 (A)(B) |  | 2305 | 2261 |
| &nbsp;&nbsp;&nbsp; Simon Property Group LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/01/2040  |  | 470 | 524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.650%, 01/15/2054  |  | 255 | 275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 03/08/2053  |  | 1380 | 1346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/08/2033  |  | 8037 | 8239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 11/30/2046  |  | 2164 | 1711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 07/15/2050  |  | 1180 | 848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.650%, 02/01/2032  |  | 2000 | 1737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.450%, 09/13/2029  |  | 4536 | 4172 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; VICI Properties LP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 04/01/2035  | $| 2545 | $2515 |
|  |  |  | 115206 |
| **Utilities — 11.6%** | **Utilities — 11.6%** | **Utilities — 11.6%** |  |
| &nbsp;&nbsp;&nbsp; AEP Texas  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.450%, 01/15/2050  |  | 2695 | 1777 |
| &nbsp;&nbsp;&nbsp; AEP Transmission LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 03/15/2053  |  | 1800 | 1681 |
| &nbsp;&nbsp;&nbsp; Alabama Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 12/01/2042  |  | 600 | 468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.700%, 12/01/2047  |  | 2800 | 2059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 07/15/2051  |  | 3187 | 2036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.450%, 09/15/2030  |  | 4916 | 4217 |
| &nbsp;&nbsp;&nbsp; Ameren  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 03/15/2035  |  | 3560 | 3523 |
| &nbsp;&nbsp;&nbsp; Ameren Illinois  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/15/2049  |  | 4560 | 3756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 09/01/2032  |  | 12920 | 12037 |
| &nbsp;&nbsp;&nbsp; American Electric Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 03/01/2033  |  | 3555 | 3639 |
| &nbsp;&nbsp;&nbsp; Arizona Public Service  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 08/01/2033  |  | 4920 | 4963 |
| &nbsp;&nbsp;&nbsp; Baltimore Gas and Electric  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 06/01/2035  |  | 6195 | 6237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 06/15/2031  |  | 4455 | 3907 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 04/01/2036  |  | 2372 | 2492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 04/15/2028  |  | 1720 | 1675 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Houston Electric LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 10/01/2028  |  | 4215 | 4316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/2044  |  | 2215 | 1882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 03/01/2032  |  | 1615 | 1432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 07/01/2050  |  | 785 | 486 |
| &nbsp;&nbsp;&nbsp; Chile Electricity Lux Mpc II SARL  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.672%, 10/20/2035 (A) |  | 2415 | 2407 |
| &nbsp;&nbsp;&nbsp; Chile Electricity Lux MPC SARL  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.010%, 01/20/2033 (A) |  | 5162 | 5297 |
| &nbsp;&nbsp;&nbsp; CMS Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.000%, 05/15/2026  |  | 7285 | 7177 |
| &nbsp;&nbsp;&nbsp; Commonwealth Edison  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 06/01/2055  |  | 1825 | 1828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 01/15/2044  |  | 3300 | 2879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 11/15/2049  |  | 1585 | 1032 |
| &nbsp;&nbsp;&nbsp; Connecticut Light and Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/15/2053  |  | 3000 | 2749 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison of New York  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 11/15/2053  |  | 6200 | 6161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 05/15/2034  |  | 2445 | 2487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/01/2054  |  | 5681 | 4625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 06/15/2047  |  | 3000 | 2245 |
| &nbsp;&nbsp;&nbsp; Consumers Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 01/15/2030  |  | 6294 | 6345 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Dominion Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.625%, H15T5Y + 2.207%, 05/15/2055 (B) | $2225 | $2228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 03/15/2035  | 3375 | 3340 |
| &nbsp;&nbsp;&nbsp; Dominion Energy South Carolina  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.600%, 06/15/2043  | 1000 | 863 |
| &nbsp;&nbsp;&nbsp; DTE Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 05/15/2055  | 2791 | 2783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/2035  | 5775 | 5774 |
| &nbsp;&nbsp;&nbsp; DTE Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 06/01/2034  | 4255 | 4386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/01/2028  | 5240 | 5287 |
| &nbsp;&nbsp;&nbsp; Duke Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 08/15/2052  | 4075 | 3441 |
| &nbsp;&nbsp;&nbsp; Duke Energy Carolinas LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 01/15/2054  | 3035 | 2828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 02/15/2040  | 2400 | 2352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 03/15/2046  | 5500 | 4171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 03/15/2032  | 2750 | 2430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 04/15/2031  | 2855 | 2542 |
| &nbsp;&nbsp;&nbsp; Duke Energy Florida LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 11/15/2052  | 2100 | 2094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/15/2033  | 2910 | 3054 |
| &nbsp;&nbsp;&nbsp; Duke Energy Indiana LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 08/15/2038  | 250 | 268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 07/15/2043  | 255 | 226 |
| &nbsp;&nbsp;&nbsp; Duke Energy Ohio  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 04/01/2033  | 2985 | 3022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.125%, 06/01/2030  | 1245 | 1111 |
| &nbsp;&nbsp;&nbsp; Duke Energy Progress LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/15/2035  | 3850 | 3799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 08/15/2045  | 2500 | 2020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 05/15/2042  | 1046 | 849 |
| &nbsp;&nbsp;&nbsp; East Ohio Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/15/2030 (A) | 2370 | 2078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.300%, 06/15/2025 (A) | 2700 | 2697 |
| &nbsp;&nbsp;&nbsp; Entergy Arkansas LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/01/2054  | 3015 | 2908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 04/01/2049  | 2745 | 2120 |
| &nbsp;&nbsp;&nbsp; Entergy Louisiana LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 03/15/2055  | 4920 | 4768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 09/01/2048  | 3215 | 2495 |
| &nbsp;&nbsp;&nbsp; Entergy Mississippi LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/15/2055  | 3795 | 3669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 06/01/2028  | 3885 | 3723 |
| &nbsp;&nbsp;&nbsp; Entergy Texas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 09/30/2049  | 2015 | 1377 |
| &nbsp;&nbsp;&nbsp; Exelon  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 03/15/2028  | 4570 | 4649 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Pennsylvania Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 04/01/2028 (A) | 6135 | 6235 |
| &nbsp;&nbsp;&nbsp; Florida Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.960%, 04/01/2039  | 155 | 163 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 02/01/2038  | $3769 | $3974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 03/15/2055  | 2930 | 2884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.690%, 03/01/2040  | 5557 | 5660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/15/2034  | 3155 | 3205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 02/01/2042  | 3665 | 3052 |
| &nbsp;&nbsp;&nbsp; Georgia Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/15/2034  | 4730 | 4756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 03/15/2043  | 2290 | 1897 |
| &nbsp;&nbsp;&nbsp; Indiana Michigan Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 08/15/2048  | 580 | 452 |
| &nbsp;&nbsp;&nbsp; Indianapolis Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 04/01/2054 (A) | 3130 | 2980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 05/01/2046 (A) | 65 | 50 |
| &nbsp;&nbsp;&nbsp; Interstate Power and Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 06/29/2035  | 4365 | 4391 |
| &nbsp;&nbsp;&nbsp; Jersey Central Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 01/15/2035  | 3185 | 3117 |
| &nbsp;&nbsp;&nbsp; Kentucky Utilities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 04/15/2033  | 2345 | 2394 |
| &nbsp;&nbsp;&nbsp; Massachusetts Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.729%, 11/24/2030 (A) | 1300 | 1096 |
| &nbsp;&nbsp;&nbsp; MidAmerican Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 04/15/2050  | 2700 | 1771 |
| &nbsp;&nbsp;&nbsp; Monongahela Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 02/15/2034 (A) | 3480 | 3562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.550%, 05/15/2027 (A) | 10095 | 9893 |
| &nbsp;&nbsp;&nbsp; National Grid PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.418%, 01/11/2034  | 3760 | 3789 |
| &nbsp;&nbsp;&nbsp; National Rural Utilities Cooperative Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.451%, TSFR3M + 3.172%, 04/30/2043 (B) | 1542 | 1535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2033  | 2265 | 2366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/07/2028  | 8620 | 8707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.400%, 11/01/2048  | 1000 | 814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 03/15/2049  | 2558 | 2079 |
| &nbsp;&nbsp;&nbsp; National Rural Utilities Cooperative Finance MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 05/06/2027  | 4140 | 4193 |
| &nbsp;&nbsp;&nbsp; Nevada Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 03/15/2054  | 5610 | 5548 |
| &nbsp;&nbsp;&nbsp; New England Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.936%, 11/25/2052 (A) | 1046 | 1039 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Capital Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 03/15/2055  | 3200 | 3095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/15/2034  | 2090 | 2077 |
| &nbsp;&nbsp;&nbsp; Niagara Mohawk Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.278%, 10/01/2034 (A) | 1959 | 1797 |
| &nbsp;&nbsp;&nbsp; NiSource  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 04/01/2034  | 3445 | 3456 |
| &nbsp;&nbsp;&nbsp; Northern States Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 07/01/2025  | 3220 | 3222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 06/01/2036  | 600 | 649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.200%, 07/01/2037  | 2765 | 2975 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Intermediate Duration Credit Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/2052  | $2845 | $2339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.250%, 04/01/2031  | 2750 | 2446 |
| &nbsp;&nbsp;&nbsp; NorthWestern  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.073%, 03/21/2030 (A) | 5205 | 5260 |
| &nbsp;&nbsp;&nbsp; NSTAR Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 03/01/2035  | 2957 | 2927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 05/15/2029  | 3788 | 3613 |
| &nbsp;&nbsp;&nbsp; Oglethorpe Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 11/01/2040  | 1700 | 1613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/2047  | 2045 | 1624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 12/01/2042  | 175 | 135 |
| &nbsp;&nbsp;&nbsp; Oklahoma Gas and Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/01/2055  | 3210 | 3123 |
| &nbsp;&nbsp;&nbsp; Oncor Electric Delivery LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 09/01/2038  | 120 | 142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 04/01/2055 (A) | 2785 | 2704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 11/15/2033  | 4155 | 4307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 06/15/2054  | 5830 | 5497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 10/01/2052  | 1129 | 1030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/01/2042  | 1231 | 1152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/01/2045  | 3685 | 2766 |
| &nbsp;&nbsp;&nbsp; Pacific Gas and Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 01/15/2053  | 2980 | 2967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.900%, 10/01/2054  | 1875 | 1679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/01/2052  | 175 | 143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 07/01/2050  | 3950 | 3134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 07/01/2040  | 2265 | 1856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 06/01/2041  | 2340 | 1773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 08/01/2050  | 300 | 190 |
| &nbsp;&nbsp;&nbsp; PacifiCorp  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2039  | 4385 | 4418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 01/15/2055  | 3381 | 3161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 03/15/2051  | 3553 | 2243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 06/15/2052  | 5290 | 3032 |
| &nbsp;&nbsp;&nbsp; PECO Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 09/15/2051  | 2100 | 1276 |
| &nbsp;&nbsp;&nbsp; Potomac Electric Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/15/2054  | 5905 | 5586 |
| &nbsp;&nbsp;&nbsp; PPL Electric Utilities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 06/15/2048  | 2400 | 1898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 06/01/2047  | 6509 | 4989 |
| &nbsp;&nbsp;&nbsp; PSEG Power LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/15/2035 (A) | 3235 | 3258 |
| &nbsp;&nbsp;&nbsp; Public Service Electric and Gas MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.050%, 05/01/2048  | 2792 | 2167 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 11/15/2027  | 3392 | 3496 |
| &nbsp;&nbsp;&nbsp; Public Service of Colorado  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 09/01/2037  | 215 | 227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/15/2054  | 5405 | 5159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.100%, 06/01/2032  | 4645 | 4388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.200%, 03/01/2050  | 1750 | 1132 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Public Service of New Hampshire  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.600%, 07/01/2049  | $2000 | $1408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.200%, 06/15/2031  | 5395 | 4690 |
| &nbsp;&nbsp;&nbsp; Public Service of Oklahoma  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 01/15/2035  | 2550 | 2492 |
| &nbsp;&nbsp;&nbsp; San Diego Gas & Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 04/15/2035  | 5595 | 5612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 08/15/2028  | 3344 | 3402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 08/15/2040  | 2025 | 1768 |
| &nbsp;&nbsp;&nbsp; Sempra  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.800%, 02/01/2038  | 1240 | 1003 |
| &nbsp;&nbsp;&nbsp; Southern California Edison  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.850%, 08/01/2029  | 2660 | 2446 |
| &nbsp;&nbsp;&nbsp; Southern California Gas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/15/2055  | 1835 | 1815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/01/2053  | 3989 | 3795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 04/01/2054  | 1370 | 1283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 01/15/2049  | 1110 | 863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 09/15/2042  | 195 | 147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 02/01/2030  | 4835 | 4402 |
| &nbsp;&nbsp;&nbsp; System Energy Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 12/15/2034  | 1140 | 1116 |
| &nbsp;&nbsp;&nbsp; Trans-Allegheny Interstate Line  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2031 (A) | 5785 | 5830 |
| &nbsp;&nbsp;&nbsp; Union Electric  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 03/15/2055  | 935 | 834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/01/2048  | 1105 | 838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 09/15/2042  | 95 | 75 |
| &nbsp;&nbsp;&nbsp; Virginia Electric and Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 11/30/2037  | 1770 | 1874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.650%, 03/15/2055  | 2355 | 2242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/2034  | 5770 | 5655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.950%, 11/15/2051  | 5985 | 3617 |
| &nbsp;&nbsp;&nbsp; Vistra Operations LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.700%, 12/30/2034 (A) | 4195 | 4179 |
| &nbsp;&nbsp;&nbsp; Wisconsin Electric Power  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.700%, 06/15/2028  | 4000 | 3718 |
| &nbsp;&nbsp;&nbsp; Wisconsin Power & Light  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 08/15/2037  | 50 | 53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 10/15/2027  | 2490 | 2409 |
| &nbsp;&nbsp;&nbsp; Wisconsin Public Service  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 12/01/2029  | 2285 | 2302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.300%, 09/01/2049  | 2475 | 1643 |
|  |  | 476401 |
|  Total Corporate Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $3,772,115) ($ Thousands) |  | 3622208 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS — 7.8%** | **U.S. TREASURY OBLIGATIONS — 7.8%** | **U.S. TREASURY OBLIGATIONS — 7.8%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/15/2045  | $17020 | $17193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/2045  | 15345 | 14978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/15/2055  | 9305 | 9067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/15/2044  | 3846 | 3694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 02/15/2055  | 43045 | 40946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/15/2044  | 6798 | 6447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 11/15/2054 (D)  | 14770 | 13787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 02/15/2054  | 11191 | 9995 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 01/15/2028  | 26450 | 26692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/15/2035  | 47840 | 47302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 05/31/2032  | 10265 | 10239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 02/28/2030  | 7604 | 7620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 04/30/2032  | 9375 | 9283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/30/2030  | 21990 | 21903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/15/2028  | 37750 | 37629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 05/15/2028  | 42995 | 42867 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |
| &nbsp;&nbsp;&nbsp; (Cost $320,335) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $320,335) ($ Thousands) | 319642 |
| **MUNICIPAL BONDS — 2.6%** | **MUNICIPAL BONDS — 2.6%** | **MUNICIPAL BONDS — 2.6%** |
| **Alabama — 0.1%** | **Alabama — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Alabama State, Economic Settlement Authority, Ser B, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.263%, 09/15/2032  | 5475 | 5341 |
| **Arizona — 0.1%** | **Arizona — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 10/01/2029 (A) | 2465 | 2525 |
| **California — 0.7%** | **California — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; California State University, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.183%, 11/01/2053  | 8690 | 7944 |
| &nbsp;&nbsp;&nbsp; California State University, Ser D, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.490%, 11/01/2028  | 2580 | 2358 |
| &nbsp;&nbsp;&nbsp; California State, Build America Project, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.600%, 11/01/2040  | 585 | 694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.550%, 04/01/2039  | 2305 | 2727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 04/01/2034  | 5125 | 5872 |
| &nbsp;&nbsp;&nbsp; California State, Health Facilities Financing Authority, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.679%, 06/01/2028  | 4975 | 4589 |
| &nbsp;&nbsp;&nbsp; East Bay, Municipal Utility District Water System Revenue, Build America Project, Sub-Ser, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.874%, 06/01/2040  | 300 | 308 |
| &nbsp;&nbsp;&nbsp; Riverside County, Pension Obligation, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.818%, 02/15/2038  | 2105 | 1919 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; San Francisco, Public Utilities Commission, Water Revenue, Build America Project, Ser DE, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 11/01/2040  | $| 3705 | $3799 |
| &nbsp;&nbsp;&nbsp; University of California Regents, Build America Project, Ser H, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.548%, 05/15/2048  |  | 120 | 126 |
|  |  |  | 30336 |
| **Colorado — 0.1%** | **Colorado — 0.1%** | **Colorado — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver's Airport System Revenue, Ser C, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.037%, 11/15/2028  |  | 4000 | 3717 |
| &nbsp;&nbsp;&nbsp; Colorado State, COP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.817%, 03/15/2028  |  | 1980 | 2095 |
|  |  |  | 5812 |
| **Connecticut — 0.1%** | **Connecticut — 0.1%** | **Connecticut — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Connecticut State, Ser A, GO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.657%, 05/15/2030  |  | 2000 | 2017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 06/15/2028  |  | 2555 | 2525 |
|  |  |  | 4542 |
| **Georgia — 0.1%** | **Georgia — 0.1%** | **Georgia — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Georgia State, Municipal Electric Authority, Build America Project, Ser 2010A, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.637%, 04/01/2057  |  | 2327 | 2463 |
| **Illinois — 0.2%** | **Illinois — 0.2%** | **Illinois — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Greater Chicago, Metropolitan Water Reclamation District, Build America Project, GO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.720%, 12/01/2038  |  | 2580 | 2628 |
| &nbsp;&nbsp;&nbsp; Sales Tax Securitization, Ser A, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.637%, 01/01/2040  |  | 3725 | 3472 |
|  |  |  | 6100 |
| **Kansas — 0.1%** | **Kansas — 0.1%** | **Kansas — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Kansas State, Development Finance Authority, Ser H, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.727%, 04/15/2037  |  | 4620 | 4436 |
| **Massachusetts — 0.2%** | **Massachusetts — 0.2%** | **Massachusetts — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Massachusetts Clean Water Trust, Build America Project, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.192%, 08/01/2040  |  | 2995 | 2997 |
| &nbsp;&nbsp;&nbsp; Massachusetts State, Build America Project, GO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.910%, 05/01/2029  |  | 100 | 100 |
| &nbsp;&nbsp;&nbsp; Massachusetts State, Build America Project, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.731%, 06/01/2040  |  | 80 | 81 |

---

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Intermediate Duration Credit Fund** (Concluded)

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** |
| &nbsp;&nbsp;&nbsp; Massachusetts State, Educational Financing Authority, Ser A, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.925%, 07/01/2028  | $| 2550 | $2429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.638%, 07/01/2026  |  | 2125 | 2057 |
|  |  |  | 7664 |
| **Michigan — 0.1%** | **Michigan — 0.1%** | **Michigan — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Michigan State, Finance Authority, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.084%, 12/01/2034  |  | 1685 | 1484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.671%, 09/01/2049 (B) |  | 4600 | 4422 |
|  |  |  | 5906 |
| **New Hampshire — 0.0%** | **New Hampshire — 0.0%** | **New Hampshire — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Health and Education Facilities Authority Act, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.040%, 11/01/2034  |  | 1680 | 1641 |
| **New York — 0.4%** | **New York — 0.4%** | **New York — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; City of New York New York, Ser D-2, GO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.719%, 10/01/2032  |  | 3700 | 3682 |
| &nbsp;&nbsp;&nbsp; City of New York New York, Ser H, GO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 02/01/2034  |  | 1730 | 1787 |
| &nbsp;&nbsp;&nbsp; New York & New Jersey, Port Authority, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.926%, 10/01/2051  |  | 165 | 149 |
| &nbsp;&nbsp;&nbsp; New York & New Jersey, Port Authority, Ser 181, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.960%, 08/01/2046  |  | 1315 | 1222 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority, Sub-Ser, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.480%, 08/01/2026 (E) |  | 2100 | 2079 |
| &nbsp;&nbsp;&nbsp; New York State, Dormitory Authority, Build America Project, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.289%, 03/15/2033  |  | 2710 | 2718 |
| &nbsp;&nbsp;&nbsp; New York State, Empire State Development, Build America Project, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.770%, 03/15/2039  |  | 6440 | 6617 |
|  |  |  | 18254 |
| **Ohio — 0.1%** | **Ohio — 0.1%** | **Ohio — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; American Municipal Power, Build America Project, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.053%, 02/15/2043  |  | 3065 | 3086 |
| **Oregon — 0.1%** | **Oregon — 0.1%** | **Oregon — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Oregon State, School Boards Association, Ser B, GO  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 06/30/2028  |  | 3259 | 3295 |
| **Pennsylvania — 0.1%** | **Pennsylvania — 0.1%** | **Pennsylvania — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania State, Economic Development Financing Authority, RB  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.152%, 06/15/2029  |  | 5465 | 4990 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** | **MUNICIPAL BONDS (continued)** |
| **Texas — 0.1%** | **Texas — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; Grand Parkway, Transportation Corp, Ser E, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.184%, 10/01/2042  | $555 | $538 |
| &nbsp;&nbsp;&nbsp; North Texas, Tollway Authority, Build America Project, Ser B, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.718%, 01/01/2049  | 845 | 914 |
| &nbsp;&nbsp;&nbsp; Texas State, Build America Project, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.517%, 04/01/2039  | 565 | 568 |
|  |  | 2020 |
|  Total Municipal Bonds |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $115,697) ($ Thousands) |  | 108411 |
| **SOVEREIGN DEBT — 0.5%** | **SOVEREIGN DEBT — 0.5%** | **SOVEREIGN DEBT — 0.5%** |
| &nbsp;&nbsp;&nbsp; CDP Financial |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.600%, 11/25/2039(A) | 700 | 712 |
| &nbsp;&nbsp;&nbsp; Chile Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.330%, 01/05/2054 | 2085 | 1912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.860%, 06/21/2047 | 405 | 306 |
| &nbsp;&nbsp;&nbsp; Korea Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 02/15/2028 | 5150 | 5159 |
| &nbsp;&nbsp;&nbsp; Mexico Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/13/2030 | 2305 | 2367 |
| &nbsp;&nbsp;&nbsp; Province of Quebec Canada MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.350%, 01/30/2026 | 270 | 273 |
| &nbsp;&nbsp;&nbsp; Republic of Poland Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 10/04/2033 | 3430 | 3360 |
| &nbsp;&nbsp;&nbsp; Saudi Government International Bond MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 01/16/2054(A) | 6225 | 5800 |
|  Total Sovereign Debt | Total Sovereign Debt |  |
| &nbsp;&nbsp;&nbsp; (Cost $20,338) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $20,338) ($ Thousands) | 19889 |
|  | <br> Shares |  |
| **CASH EQUIVALENT — 1.5%** | **CASH EQUIVALENT — 1.5%** | **CASH EQUIVALENT — 1.5%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 59985512 | 59986 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $59,986) ($ Thousands) |  | 59986 |
| Total Investments in Securities — 100.2% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $4,288,471) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $4,288,471) ($ Thousands)  | $4130136 |

---

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; U.S. 2-Year Treasury Note | 286 | Sep-2025 | $59248 | $59327 | $79 |
| &nbsp;&nbsp; U.S. 5-Year Treasury Note | 629 | Sep-2025 | 67648 | 68050 | 402 |
|  |  |  | 126896 | 127377 | 481 |
| Short Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Ultra 10-Year U.S. Treasury Note | (788) | Sep-2025 | $(87846) | $(88687) | $(841) |
|  |  |  | $39050 | $38690 | $(360) |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $4,123,796 ($ Thousands). |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (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 May 31, 2025, the value of these securities amounted to $676,530 ($ Thousands), representing 16.4% of the Net Assets of the Fund. |
| (B) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (C) | Perpetual security with no stated maturity date. |
| (D) | Security, or a portion thereof, has been pledged as collateral on open futures contracts. The total market value of such securities as of May 31, 2025 was $2,336 ($ Thousands). |
| (E) | Security is escrowed to maturity. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Corporate Obligations |  | 3622208 |  | 3622208 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations |  | 319642 |  | 319642 |
| &nbsp;&nbsp;&nbsp; Municipal Bonds |  | 108411 |  | 108411 |
| &nbsp;&nbsp;&nbsp; Sovereign Debt |  | 19889 |  | 19889 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 59986 | – |  | 59986 |
|  Total Investments in Securities | 59986 | 4070150 |  | 4130136 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 481 |  |  | 481 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (841) |  |  | (841) |
| Total Other Financial Instruments | (360) |  |  | (360) |

---

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

For more information on valuation inputs, see Note 2 — Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $33054 | $1897380 | $(1870448) | $— | $— | $59986 | $2169 | $— |

---

Amounts designated as "—" are either $0 or have been rounded to $0.

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Dynamic Asset Allocation Fund** 

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 77.0%** | **COMMON STOCK — 77.0%** | **COMMON STOCK — 77.0%** |
| **Communication Services — 7.4%** | **Communication Services — 7.4%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl A  | 151869 | $26082 |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl C  | 123029 | 21266 |
| &nbsp;&nbsp;&nbsp; AT&T Inc  | 186953 | 5197 |
| &nbsp;&nbsp;&nbsp; Charter Communications Inc, Cl A <sup>\*</sup> | 2540 | 1006 |
| &nbsp;&nbsp;&nbsp; Comcast Corp, Cl A  | 98833 | 3417 |
| &nbsp;&nbsp;&nbsp; Electronic Arts Inc  | 6248 | 898 |
| &nbsp;&nbsp;&nbsp; Fox Corp  | 9171 | 485 |
| &nbsp;&nbsp;&nbsp; Interpublic Group of Cos Inc/The  | 8679 | 208 |
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment Inc <sup>\*</sup> | 4036 | 554 |
| &nbsp;&nbsp;&nbsp; Match Group Inc  | 5940 | 178 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc, Cl A  | 56974 | 36890 |
| &nbsp;&nbsp;&nbsp; Netflix Inc <sup>\*</sup> | 11090 | 13388 |
| &nbsp;&nbsp;&nbsp; News Corp  | 2542 | 83 |
| &nbsp;&nbsp;&nbsp; News Corp, Cl A  | 10640 | 300 |
| &nbsp;&nbsp;&nbsp; Omnicom Group Inc  | 5244 | 385 |
| &nbsp;&nbsp;&nbsp; Paramount Global, Cl B  | 14240 | 172 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software Inc <sup>\*</sup> | 4325 | 979 |
| &nbsp;&nbsp;&nbsp; TKO Group Holdings Inc, Cl A  | 1824 | 288 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc  | 12383 | 2999 |
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc  | 109740 | 4824 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co/The  | 47184 | 5334 |
| &nbsp;&nbsp;&nbsp; Warner Bros Discovery Inc <sup>\*</sup> | 58091 | 579 |
|  |  | 125512 |
| **Consumer Discretionary — 8.2%** | **Consumer Discretionary — 8.2%** |  |
| &nbsp;&nbsp;&nbsp; Airbnb Inc, Cl A <sup>\*</sup> | 11299 | 1458 |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc <sup>\*</sup> | 245588 | 50348 |
| &nbsp;&nbsp;&nbsp; AutoZone Inc <sup>\*</sup> | 437 | 1631 |
| &nbsp;&nbsp;&nbsp; Best Buy Co Inc  | 5091 | 337 |
| &nbsp;&nbsp;&nbsp; Booking Holdings Inc  | 854 | 4713 |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment Inc <sup>\*</sup> | 4980 | 134 |
| &nbsp;&nbsp;&nbsp; CarMax Inc <sup>\*</sup> | 4284 | 276 |
| &nbsp;&nbsp;&nbsp; Carnival Corp, Cl A <sup>\*</sup> | 28104 | 653 |
| &nbsp;&nbsp;&nbsp; Chipotle Mexican Grill Inc, Cl A <sup>\*</sup> | 35225 | 1764 |
| &nbsp;&nbsp;&nbsp; Darden Restaurants Inc  | 3037 | 651 |
| &nbsp;&nbsp;&nbsp; Deckers Outdoor Corp <sup>\*</sup> | 4045 | 427 |
| &nbsp;&nbsp;&nbsp; Domino's Pizza Inc  | 925 | 438 |
| &nbsp;&nbsp;&nbsp; DoorDash Inc, Cl A <sup>\*</sup> | 8829 | 1842 |
| &nbsp;&nbsp;&nbsp; DR Horton Inc  | 7461 | 881 |
| &nbsp;&nbsp;&nbsp; eBay Inc  | 12637 | 925 |
| &nbsp;&nbsp;&nbsp; Expedia Group Inc  | 3161 | 527 |
| &nbsp;&nbsp;&nbsp; Ford Motor Co  | 102204 | 1061 |
| &nbsp;&nbsp;&nbsp; Garmin Ltd  | 4050 | 822 |
| &nbsp;&nbsp;&nbsp; General Motors Co  | 26022 | 1291 |
| &nbsp;&nbsp;&nbsp; Genuine Parts Co  | 3669 | 464 |
| &nbsp;&nbsp;&nbsp; Hasbro Inc  | 3017 | 201 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Holdings Inc  | 6274 | 1559 |
| &nbsp;&nbsp;&nbsp; Home Depot Inc/The  | 25928 | 9549 |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp  | 9605 | 395 |
| &nbsp;&nbsp;&nbsp; Lennar Corp, Cl A  | 6198 | 657 |
| &nbsp;&nbsp;&nbsp; LKQ Corp  | 6075 | 246 |
| &nbsp;&nbsp;&nbsp; Lowe's Cos Inc  | 14578 | 3291 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Lululemon Athletica Inc <sup>\*</sup> | 2958 | $937 |
| &nbsp;&nbsp;&nbsp; Marriott International Inc/MD, Cl A  | 5968 | 1575 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp  | 18646 | 5852 |
| &nbsp;&nbsp;&nbsp; MGM Resorts International <sup>\*</sup> | 6769 | 214 |
| &nbsp;&nbsp;&nbsp; Mohawk Industries Inc <sup>\*</sup> | 1203 | 121 |
| &nbsp;&nbsp;&nbsp; NIKE Inc, Cl B  | 30661 | 1858 |
| &nbsp;&nbsp;&nbsp; Norwegian Cruise Line Holdings Ltd <sup>\*</sup> | 10165 | 179 |
| &nbsp;&nbsp;&nbsp; NVR Inc <sup>\*</sup> | 80 | 569 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive Inc <sup>\*</sup> | 1490 | 2038 |
| &nbsp;&nbsp;&nbsp; Pool Corp  | 895 | 269 |
| &nbsp;&nbsp;&nbsp; PulteGroup Inc  | 4820 | 473 |
| &nbsp;&nbsp;&nbsp; Ralph Lauren Corp, Cl A  | 924 | 256 |
| &nbsp;&nbsp;&nbsp; Ross Stores Inc  | 8647 | 1211 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd  | 6465 | 1661 |
| &nbsp;&nbsp;&nbsp; Starbucks Corp  | 29364 | 2465 |
| &nbsp;&nbsp;&nbsp; Tapestry Inc  | 5344 | 420 |
| &nbsp;&nbsp;&nbsp; Tesla Inc <sup>\*</sup> | 72822 | 25230 |
| &nbsp;&nbsp;&nbsp; TJX Cos Inc/The  | 29414 | 3733 |
| &nbsp;&nbsp;&nbsp; Tractor Supply Co  | 14135 | 684 |
| &nbsp;&nbsp;&nbsp; Ulta Beauty Inc <sup>\*</sup> | 1197 | 564 |
| &nbsp;&nbsp;&nbsp; Williams-Sonoma Inc  | 3217 | 520 |
| &nbsp;&nbsp;&nbsp; Wynn Resorts Ltd  | 2155 | 195 |
| &nbsp;&nbsp;&nbsp; Yum! Brands Inc  | 7308 | 1052 |
|  |  | 138617 |
| **Consumer Staples — 4.6%** | **Consumer Staples — 4.6%** |  |
| &nbsp;&nbsp;&nbsp; Altria Group Inc  | 43847 | 2658 |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co  | 12773 | 617 |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp, Cl B  | 4220 | 141 |
| &nbsp;&nbsp;&nbsp; Bunge Global SA  | 3238 | 253 |
| &nbsp;&nbsp;&nbsp; Campbell Soup Co  | 4541 | 155 |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co Inc  | 6526 | 642 |
| &nbsp;&nbsp;&nbsp; Clorox Co/The  | 3283 | 433 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co/The  | 100782 | 7266 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co  | 21061 | 1957 |
| &nbsp;&nbsp;&nbsp; Conagra Brands Inc  | 13088 | 300 |
| &nbsp;&nbsp;&nbsp; Constellation Brands Inc, Cl A  | 4116 | 734 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp  | 11504 | 11966 |
| &nbsp;&nbsp;&nbsp; Dollar General Corp  | 5753 | 559 |
| &nbsp;&nbsp;&nbsp; Dollar Tree Inc <sup>\*</sup> | 5379 | 486 |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos Inc/The, Cl A  | 6373 | 427 |
| &nbsp;&nbsp;&nbsp; General Mills Inc  | 14537 | 789 |
| &nbsp;&nbsp;&nbsp; Hershey Co/The  | 3829 | 615 |
| &nbsp;&nbsp;&nbsp; Hormel Foods Corp  | 6704 | 206 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co/The  | 2862 | 322 |
| &nbsp;&nbsp;&nbsp; Kellanova  | 7064 | 584 |
| &nbsp;&nbsp;&nbsp; Kenvue Inc  | 50159 | 1197 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper Inc  | 35383 | 1191 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp  | 8673 | 1247 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co/The  | 22911 | 612 |
| &nbsp;&nbsp;&nbsp; Kroger Co/The  | 17424 | 1189 |
| &nbsp;&nbsp;&nbsp; Lamb Weston Holdings Inc  | 3322 | 185 |
| &nbsp;&nbsp;&nbsp; McCormick & Co Inc/MD  | 6709 | 488 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co, Cl B  | 4858 | 260 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Mondelez International Inc, Cl A  | 33515 | $2262 |
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp <sup>\*</sup> | 18364 | 1174 |
| &nbsp;&nbsp;&nbsp; PepsiCo Inc  | 35717 | 4695 |
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc  | 40408 | 7297 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co/The  | 60946 | 10354 |
| &nbsp;&nbsp;&nbsp; Sysco Corp  | 12865 | 939 |
| &nbsp;&nbsp;&nbsp; Target Corp  | 11978 | 1126 |
| &nbsp;&nbsp;&nbsp; Tyson Foods Inc, Cl A  | 7587 | 426 |
| &nbsp;&nbsp;&nbsp; Walgreens Boots Alliance Inc  | 16473 | 185 |
| &nbsp;&nbsp;&nbsp; Walmart Inc  | 112870 | 11143 |
|  |  | 77080 |
| **Energy — 2.3%** | **Energy — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; APA Corp  | 9000 | 153 |
| &nbsp;&nbsp;&nbsp; Baker Hughes Co, Cl A  | 25933 | 961 |
| &nbsp;&nbsp;&nbsp; Chesapeake Energy Corp  | 5609 | 651 |
| &nbsp;&nbsp;&nbsp; Chevron Corp  | 43484 | 5944 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips  | 32935 | 2811 |
| &nbsp;&nbsp;&nbsp; Coterra Energy Inc, Cl A  | 19156 | 466 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp  | 17489 | 529 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy Inc  | 4942 | 665 |
| &nbsp;&nbsp;&nbsp; EOG Resources Inc  | 14607 | 1586 |
| &nbsp;&nbsp;&nbsp; EQT Corp  | 15750 | 868 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp  | 113281 | 11589 |
| &nbsp;&nbsp;&nbsp; Halliburton Co  | 22904 | 449 |
| &nbsp;&nbsp;&nbsp; Hess Corp  | 7237 | 957 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan Inc  | 50403 | 1413 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp  | 8267 | 1329 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp  | 17811 | 726 |
| &nbsp;&nbsp;&nbsp; ONEOK Inc  | 16149 | 1306 |
| &nbsp;&nbsp;&nbsp; Phillips 66  | 10783 | 1224 |
| &nbsp;&nbsp;&nbsp; Schlumberger NV  | 36489 | 1206 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp  | 5711 | 902 |
| &nbsp;&nbsp;&nbsp; Texas Pacific Land Corp  | 438 | 488 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp  | 8299 | 1070 |
| &nbsp;&nbsp;&nbsp; Williams Cos Inc/The  | 31653 | 1915 |
|  |  | 39208 |
| **Financials — 11.1%** | **Financials — 11.1%** |  |
| &nbsp;&nbsp;&nbsp; Aflac Inc  | 12906 | 1336 |
| &nbsp;&nbsp;&nbsp; Allstate Corp/The  | 6910 | 1450 |
| &nbsp;&nbsp;&nbsp; American Express Co  | 14516 | 4268 |
| &nbsp;&nbsp;&nbsp; American International Group Inc  | 15489 | 1311 |
| &nbsp;&nbsp;&nbsp; Ameriprise Financial Inc  | 2516 | 1281 |
| &nbsp;&nbsp;&nbsp; Aon PLC, Cl A  | 5604 | 2085 |
| &nbsp;&nbsp;&nbsp; Apollo Global Management Inc  | 11635 | 1521 |
| &nbsp;&nbsp;&nbsp; Arch Capital Group Ltd  | 9862 | 937 |
| &nbsp;&nbsp;&nbsp; Arthur J Gallagher & Co  | 6590 | 2290 |
| &nbsp;&nbsp;&nbsp; Assurant Inc  | 1178 | 239 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp  | 172305 | 7604 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp/The  | 19286 | 1709 |
| &nbsp;&nbsp;&nbsp; Berkshire Hathaway Inc, Cl B <sup>\*</sup> | 47728 | 24053 |
| &nbsp;&nbsp;&nbsp; BlackRock Funding Inc/DE  | 3857 | 3779 |
| &nbsp;&nbsp;&nbsp; Blackstone Inc  | 19335 | 2683 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Brown & Brown Inc  | 6279 | $709 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp  | 16609 | 3142 |
| &nbsp;&nbsp;&nbsp; Cboe Global Markets Inc  | 2738 | 627 |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp/The  | 44591 | 3939 |
| &nbsp;&nbsp;&nbsp; Chubb Ltd  | 9633 | 2863 |
| &nbsp;&nbsp;&nbsp; Cincinnati Financial Corp  | 4028 | 607 |
| &nbsp;&nbsp;&nbsp; Citigroup Inc  | 49257 | 3710 |
| &nbsp;&nbsp;&nbsp; Citizens Financial Group Inc  | 11664 | 471 |
| &nbsp;&nbsp;&nbsp; CME Group Inc, Cl A  | 9529 | 2754 |
| &nbsp;&nbsp;&nbsp; Coinbase Global Inc, Cl A <sup>\*</sup> | 5470 | 1349 |
| &nbsp;&nbsp;&nbsp; Corpay Inc <sup>\*</sup> | 1824 | 593 |
| &nbsp;&nbsp;&nbsp; Erie Indemnity Co, Cl A  | 676 | 242 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd  | 1111 | 386 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems Inc  | 982 | 450 |
| &nbsp;&nbsp;&nbsp; Fidelity National Information Services Inc  | 13903 | 1107 |
| &nbsp;&nbsp;&nbsp; Fifth Third Bancorp  | 17133 | 654 |
| &nbsp;&nbsp;&nbsp; Fiserv Inc <sup>\*</sup> | 14893 | 2424 |
| &nbsp;&nbsp;&nbsp; Franklin Resources Inc  | 9996 | 216 |
| &nbsp;&nbsp;&nbsp; Global Payments Inc  | 6514 | 493 |
| &nbsp;&nbsp;&nbsp; Globe Life Inc  | 2355 | 287 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc/The  | 8243 | 4950 |
| &nbsp;&nbsp;&nbsp; Hartford Financial Services Group Inc/The  | 7569 | 983 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares Inc/OH  | 37536 | 587 |
| &nbsp;&nbsp;&nbsp; Intercontinental Exchange Inc  | 15168 | 2727 |
| &nbsp;&nbsp;&nbsp; Invesco Ltd  | 14162 | 205 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates Inc  | 1987 | 360 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co  | 72769 | 19211 |
| &nbsp;&nbsp;&nbsp; KeyCorp  | 25539 | 405 |
| &nbsp;&nbsp;&nbsp; KKR & Co Inc  | 17514 | 2127 |
| &nbsp;&nbsp;&nbsp; Loews Corp  | 4840 | 432 |
| &nbsp;&nbsp;&nbsp; M&T Bank Corp  | 4389 | 802 |
| &nbsp;&nbsp;&nbsp; MarketAxess Holdings Inc  | 1043 | 226 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos Inc  | 12689 | 2965 |
| &nbsp;&nbsp;&nbsp; Mastercard Inc, Cl A  | 21219 | 12426 |
| &nbsp;&nbsp;&nbsp; MetLife Inc  | 15143 | 1190 |
| &nbsp;&nbsp;&nbsp; Moody's Corp  | 4120 | 1975 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  | 32526 | 4164 |
| &nbsp;&nbsp;&nbsp; MSCI Inc, Cl A  | 2033 | 1147 |
| &nbsp;&nbsp;&nbsp; Nasdaq Inc  | 10928 | 913 |
| &nbsp;&nbsp;&nbsp; Northern Trust Corp  | 5216 | 557 |
| &nbsp;&nbsp;&nbsp; PayPal Holdings Inc <sup>\*</sup> | 25730 | 1808 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc/The  | 10287 | 1788 |
| &nbsp;&nbsp;&nbsp; Principal Financial Group Inc  | 5601 | 436 |
| &nbsp;&nbsp;&nbsp; Progressive Corp/The  | 15302 | 4360 |
| &nbsp;&nbsp;&nbsp; Prudential Financial Inc  | 9292 | 965 |
| &nbsp;&nbsp;&nbsp; Raymond James Financial Inc  | 4902 | 720 |
| &nbsp;&nbsp;&nbsp; Regions Financial Corp  | 23848 | 511 |
| &nbsp;&nbsp;&nbsp; S&P Global Inc  | 8222 | 4217 |
| &nbsp;&nbsp;&nbsp; Synchrony Financial  | 10168 | 586 |
| &nbsp;&nbsp;&nbsp; T Rowe Price Group Inc  | 5872 | 550 |
| &nbsp;&nbsp;&nbsp; Travelers Cos Inc/The  | 5904 | 1628 |
| &nbsp;&nbsp;&nbsp; Truist Financial Corp  | 34322 | 1356 |
| &nbsp;&nbsp;&nbsp; US Bancorp  | 40563 | 1768 |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Dynamic Asset Allocation Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Visa Inc, Cl A  | 44843 | $16376 |
| &nbsp;&nbsp;&nbsp; W R Berkley Corp  | 7863 | 587 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co  | 85540 | 6397 |
| &nbsp;&nbsp;&nbsp; Willis Towers Watson PLC  | 2630 | 833 |
|  |  | 186807 |
| **Health Care — 7.4%** | **Health Care — 7.4%** |  |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories  | 45141 | 6030 |
| &nbsp;&nbsp;&nbsp; AbbVie Inc  | 45866 | 8536 |
| &nbsp;&nbsp;&nbsp; Agilent Technologies Inc  | 7521 | 842 |
| &nbsp;&nbsp;&nbsp; Align Technology Inc <sup>\*</sup> | 1828 | 331 |
| &nbsp;&nbsp;&nbsp; Amgen Inc  | 14048 | 4048 |
| &nbsp;&nbsp;&nbsp; Baxter International Inc  | 13734 | 419 |
| &nbsp;&nbsp;&nbsp; Becton Dickinson & Co  | 7466 | 1289 |
| &nbsp;&nbsp;&nbsp; Biogen Inc <sup>\*</sup> | 3782 | 491 |
| &nbsp;&nbsp;&nbsp; Bio-Techne Corp  | 3644 | 176 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp <sup>\*</sup> | 38519 | 4055 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co  | 52415 | 2531 |
| &nbsp;&nbsp;&nbsp; Cardinal Health Inc  | 6369 | 984 |
| &nbsp;&nbsp;&nbsp; Cencora Inc  | 4511 | 1314 |
| &nbsp;&nbsp;&nbsp; Centene Corp <sup>\*</sup> | 12858 | 726 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International Inc <sup>\*</sup> | 1192 | 162 |
| &nbsp;&nbsp;&nbsp; Cigna Group/The  | 7092 | 2246 |
| &nbsp;&nbsp;&nbsp; Cooper Cos Inc/The <sup>\*</sup> | 5238 | 358 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp  | 32676 | 2093 |
| &nbsp;&nbsp;&nbsp; Danaher Corp  | 16523 | 3138 |
| &nbsp;&nbsp;&nbsp; DaVita Inc <sup>\*</sup> | 994 | 135 |
| &nbsp;&nbsp;&nbsp; Dexcom Inc <sup>\*</sup> | 10097 | 866 |
| &nbsp;&nbsp;&nbsp; Edwards Lifesciences Corp <sup>\*</sup> | 15454 | 1209 |
| &nbsp;&nbsp;&nbsp; Elevance Health Inc  | 6001 | 2303 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co  | 20526 | 15141 |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies Inc  | 12023 | 848 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences Inc  | 32662 | 3595 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc  | 4654 | 1775 |
| &nbsp;&nbsp;&nbsp; Henry Schein Inc <sup>\*</sup> | 2923 | 205 |
| &nbsp;&nbsp;&nbsp; Hologic Inc <sup>\*</sup> | 5517 | 343 |
| &nbsp;&nbsp;&nbsp; Humana Inc  | 3184 | 742 |
| &nbsp;&nbsp;&nbsp; IDEXX Laboratories Inc <sup>\*</sup> | 2157 | 1107 |
| &nbsp;&nbsp;&nbsp; Incyte Corp <sup>\*</sup> | 4594 | 299 |
| &nbsp;&nbsp;&nbsp; Insulet Corp <sup>\*</sup> | 1851 | 602 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical Inc <sup>\*</sup> | 9291 | 5132 |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings Inc <sup>\*</sup> | 4426 | 621 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  | 62559 | 9710 |
| &nbsp;&nbsp;&nbsp; Labcorp Holdings Inc  | 2148 | 535 |
| &nbsp;&nbsp;&nbsp; McKesson Corp  | 3249 | 2338 |
| &nbsp;&nbsp;&nbsp; Medtronic PLC  | 33139 | 2750 |
| &nbsp;&nbsp;&nbsp; Merck & Co Inc  | 65711 | 5049 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International Inc <sup>\*</sup> | 593 | 685 |
| &nbsp;&nbsp;&nbsp; Moderna Inc <sup>\*</sup> | 9731 | 258 |
| &nbsp;&nbsp;&nbsp; Molina Healthcare Inc <sup>\*</sup> | 1532 | 467 |
| &nbsp;&nbsp;&nbsp; Pfizer Inc  | 148418 | 3486 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics Inc  | 2942 | 510 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals Inc  | 2735 | 1341 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; ResMed Inc  | 3873 | $948 |
| &nbsp;&nbsp;&nbsp; Revvity Inc  | 2856 | 258 |
| &nbsp;&nbsp;&nbsp; Solventum Corp <sup>\*</sup> | 3988 | 291 |
| &nbsp;&nbsp;&nbsp; STERIS PLC  | 2499 | 613 |
| &nbsp;&nbsp;&nbsp; Stryker Corp  | 8868 | 3393 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific Inc  | 9953 | 4009 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc  | 23935 | 7226 |
| &nbsp;&nbsp;&nbsp; Universal Health Services Inc, Cl B  | 1652 | 314 |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals Inc <sup>\*</sup> | 6732 | 2976 |
| &nbsp;&nbsp;&nbsp; Viatris Inc  | 34458 | 303 |
| &nbsp;&nbsp;&nbsp; Waters Corp <sup>\*</sup> | 1583 | 553 |
| &nbsp;&nbsp;&nbsp; West Pharmaceutical Services Inc  | 1885 | 397 |
| &nbsp;&nbsp;&nbsp; Zimmer Biomet Holdings Inc  | 5136 | 473 |
| &nbsp;&nbsp;&nbsp; Zoetis Inc, Cl A  | 11626 | 1961 |
|  |  | 125536 |
| **Industrials — 6.8%** | **Industrials — 6.8%** |  |
| &nbsp;&nbsp;&nbsp; 3M Co  | 14082 | 2089 |
| &nbsp;&nbsp;&nbsp; A O Smith Corp  | 2764 | 178 |
| &nbsp;&nbsp;&nbsp; Allegion plc  | 2415 | 345 |
| &nbsp;&nbsp;&nbsp; Amentum Holdings Inc <sup>\*</sup> | 180 | 4 |
| &nbsp;&nbsp;&nbsp; AMETEK Inc  | 6070 | 1085 |
| &nbsp;&nbsp;&nbsp; Automatic Data Processing Inc  | 10509 | 3421 |
| &nbsp;&nbsp;&nbsp; Axon Enterprise Inc <sup>\*</sup> | 1903 | 1428 |
| &nbsp;&nbsp;&nbsp; Boeing Co/The <sup>\*</sup> | 19369 | 4015 |
| &nbsp;&nbsp;&nbsp; Broadridge Financial Solutions Inc  | 3100 | 753 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource Inc <sup>\*</sup> | 2977 | 320 |
| &nbsp;&nbsp;&nbsp; Carrier Global Corp  | 21084 | 1501 |
| &nbsp;&nbsp;&nbsp; Caterpillar Inc  | 12524 | 4359 |
| &nbsp;&nbsp;&nbsp; CH Robinson Worldwide Inc  | 3214 | 308 |
| &nbsp;&nbsp;&nbsp; Cintas Corp  | 8911 | 2018 |
| &nbsp;&nbsp;&nbsp; Copart Inc <sup>\*</sup> | 22905 | 1179 |
| &nbsp;&nbsp;&nbsp; CSX Corp  | 50257 | 1588 |
| &nbsp;&nbsp;&nbsp; Cummins Inc  | 3602 | 1158 |
| &nbsp;&nbsp;&nbsp; Dayforce Inc <sup>\*</sup> | 4557 | 269 |
| &nbsp;&nbsp;&nbsp; Deere & Co  | 6544 | 3313 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines Inc  | 17005 | 823 |
| &nbsp;&nbsp;&nbsp; Dover Corp  | 3494 | 621 |
| &nbsp;&nbsp;&nbsp; Eaton Corp PLC  | 10219 | 3272 |
| &nbsp;&nbsp;&nbsp; Emerson Electric Co  | 14676 | 1752 |
| &nbsp;&nbsp;&nbsp; Equifax Inc  | 3278 | 866 |
| &nbsp;&nbsp;&nbsp; Expeditors International of Washington Inc  | 3577 | 403 |
| &nbsp;&nbsp;&nbsp; Fastenal Co  | 30024 | 1241 |
| &nbsp;&nbsp;&nbsp; FedEx Corp  | 5780 | 1261 |
| &nbsp;&nbsp;&nbsp; Fortive Corp  | 8940 | 627 |
| &nbsp;&nbsp;&nbsp; GE Vernova Inc  | 7152 | 3383 |
| &nbsp;&nbsp;&nbsp; Generac Holdings Inc <sup>\*</sup> | 1389 | 170 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp  | 6593 | 1836 |
| &nbsp;&nbsp;&nbsp; General Electric Co  | 27932 | 6869 |
| &nbsp;&nbsp;&nbsp; Honeywell International Inc  | 17082 | 3872 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace Inc  | 10569 | 1795 |
| &nbsp;&nbsp;&nbsp; Hubbell Inc, Cl B  | 1447 | 564 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries Inc  | 902 | 201 |
| &nbsp;&nbsp;&nbsp; IDEX Corp  | 1794 | 324 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Illinois Tool Works Inc  | 6944 | $1702 |
| &nbsp;&nbsp;&nbsp; Ingersoll Rand Inc  | 10631 | 868 |
| &nbsp;&nbsp;&nbsp; Jacobs Solutions Inc  | 2967 | 375 |
| &nbsp;&nbsp;&nbsp; JB Hunt Transport Services Inc  | 1892 | 263 |
| &nbsp;&nbsp;&nbsp; Johnson Controls International plc  | 17225 | 1746 |
| &nbsp;&nbsp;&nbsp; L3Harris Technologies Inc  | 4943 | 1208 |
| &nbsp;&nbsp;&nbsp; Leidos Holdings Inc  | 3526 | 524 |
| &nbsp;&nbsp;&nbsp; Lennox International Inc  | 847 | 478 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp  | 5424 | 2616 |
| &nbsp;&nbsp;&nbsp; Masco Corp  | 5172 | 323 |
| &nbsp;&nbsp;&nbsp; Nordson Corp  | 1258 | 267 |
| &nbsp;&nbsp;&nbsp; Norfolk Southern Corp  | 5907 | 1460 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp  | 3535 | 1714 |
| &nbsp;&nbsp;&nbsp; Old Dominion Freight Line Inc  | 4963 | 795 |
| &nbsp;&nbsp;&nbsp; Otis Worldwide Corp  | 10400 | 992 |
| &nbsp;&nbsp;&nbsp; PACCAR Inc  | 13692 | 1285 |
| &nbsp;&nbsp;&nbsp; Parker-Hannifin Corp  | 3341 | 2221 |
| &nbsp;&nbsp;&nbsp; Paychex Inc  | 8372 | 1322 |
| &nbsp;&nbsp;&nbsp; Paycom Software Inc  | 1301 | 337 |
| &nbsp;&nbsp;&nbsp; Pentair PLC  | 4487 | 445 |
| &nbsp;&nbsp;&nbsp; Quanta Services Inc  | 3879 | 1329 |
| &nbsp;&nbsp;&nbsp; Republic Services Inc, Cl A  | 5304 | 1365 |
| &nbsp;&nbsp;&nbsp; Rockwell Automation Inc  | 2993 | 944 |
| &nbsp;&nbsp;&nbsp; Rollins Inc  | 7381 | 422 |
| &nbsp;&nbsp;&nbsp; RTX Corp  | 34729 | 4740 |
| &nbsp;&nbsp;&nbsp; Snap-on Inc  | 1321 | 424 |
| &nbsp;&nbsp;&nbsp; Southwest Airlines Co  | 16167 | 540 |
| &nbsp;&nbsp;&nbsp; Stanley Black & Decker Inc  | 4445 | 291 |
| &nbsp;&nbsp;&nbsp; Textron Inc  | 5121 | 379 |
| &nbsp;&nbsp;&nbsp; Trane Technologies PLC  | 5821 | 2505 |
| &nbsp;&nbsp;&nbsp; TransDigm Group Inc  | 1455 | 2136 |
| &nbsp;&nbsp;&nbsp; Uber Technologies Inc <sup>\*</sup> | 54580 | 4593 |
| &nbsp;&nbsp;&nbsp; Union Pacific Corp  | 15592 | 3456 |
| &nbsp;&nbsp;&nbsp; United Airlines Holdings Inc <sup>\*</sup> | 8345 | 663 |
| &nbsp;&nbsp;&nbsp; United Parcel Service Inc, Cl B  | 18968 | 1850 |
| &nbsp;&nbsp;&nbsp; United Rentals Inc  | 1713 | 1213 |
| &nbsp;&nbsp;&nbsp; Veralto Corp  | 6341 | 641 |
| &nbsp;&nbsp;&nbsp; Verisk Analytics Inc, Cl A  | 3701 | 1163 |
| &nbsp;&nbsp;&nbsp; Waste Management Inc  | 9467 | 2281 |
| &nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies Corp  | 4514 | 913 |
| &nbsp;&nbsp;&nbsp; WW Grainger Inc  | 1161 | 1263 |
| &nbsp;&nbsp;&nbsp; Xylem Inc/NY  | 6431 | 810 |
|  |  | 114073 |
| **Information Technology — 24.1%** | **Information Technology — 24.1%** |  |
| &nbsp;&nbsp;&nbsp; Adobe Inc <sup>\*</sup> | 11321 | 4699 |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices Inc <sup>\*</sup> | 42273 | 4681 |
| &nbsp;&nbsp;&nbsp; Akamai Technologies Inc <sup>\*</sup> | 4212 | 320 |
| &nbsp;&nbsp;&nbsp; Amphenol Corp, Cl A  | 31414 | 2825 |
| &nbsp;&nbsp;&nbsp; Analog Devices Inc  | 12837 | 2747 |
| &nbsp;&nbsp;&nbsp; ANSYS Inc <sup>\*</sup> | 2318 | 767 |
| &nbsp;&nbsp;&nbsp; Apple Inc  | 391155 | 78563 |
| &nbsp;&nbsp;&nbsp; Applied Materials Inc  | 20999 | 3292 |
| &nbsp;&nbsp;&nbsp; Arista Networks Inc <sup>\*</sup> | 26792 | 2321 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Autodesk Inc <sup>\*</sup> | 5604 | $1659 |
| &nbsp;&nbsp;&nbsp; Broadcom Inc  | 122092 | 29555 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems Inc <sup>\*</sup> | 7126 | 2046 |
| &nbsp;&nbsp;&nbsp; CDW Corp/DE  | 3402 | 614 |
| &nbsp;&nbsp;&nbsp; Cisco Systems Inc  | 103781 | 6542 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp, Cl A  | 12996 | 1053 |
| &nbsp;&nbsp;&nbsp; Corning Inc  | 20292 | 1006 |
| &nbsp;&nbsp;&nbsp; Crowdstrike Holdings Inc, Cl A <sup>\*</sup> | 6383 | 3009 |
| &nbsp;&nbsp;&nbsp; Dell Technologies Inc, Cl C  | 8263 | 919 |
| &nbsp;&nbsp;&nbsp; Enphase Energy Inc <sup>\*</sup> | 3126 | 129 |
| &nbsp;&nbsp;&nbsp; EPAM Systems Inc <sup>\*</sup> | 1518 | 265 |
| &nbsp;&nbsp;&nbsp; F5 Inc <sup>\*</sup> | 1457 | 416 |
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp <sup>\*</sup> | 639 | 1103 |
| &nbsp;&nbsp;&nbsp; First Solar Inc <sup>\*</sup> | 2893 | 457 |
| &nbsp;&nbsp;&nbsp; Fortinet Inc <sup>\*</sup> | 16559 | 1685 |
| &nbsp;&nbsp;&nbsp; Gartner Inc <sup>\*</sup> | 2027 | 885 |
| &nbsp;&nbsp;&nbsp; Gen Digital Inc  | 14629 | 417 |
| &nbsp;&nbsp;&nbsp; GoDaddy Inc, Cl A <sup>\*</sup> | 3577 | 652 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co  | 33504 | 579 |
| &nbsp;&nbsp;&nbsp; HP Inc  | 24918 | 620 |
| &nbsp;&nbsp;&nbsp; Intel Corp  | 112059 | 2191 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp  | 23998 | 6217 |
| &nbsp;&nbsp;&nbsp; Intuit Inc  | 7315 | 5512 |
| &nbsp;&nbsp;&nbsp; Jabil Inc  | 2998 | 504 |
| &nbsp;&nbsp;&nbsp; Juniper Networks Inc  | 9014 | 324 |
| &nbsp;&nbsp;&nbsp; Keysight Technologies Inc <sup>\*</sup> | 4457 | 700 |
| &nbsp;&nbsp;&nbsp; KLA Corp  | 3442 | 2605 |
| &nbsp;&nbsp;&nbsp; Lam Research Corp  | 33238 | 2685 |
| &nbsp;&nbsp;&nbsp; Microchip Technology Inc  | 14289 | 829 |
| &nbsp;&nbsp;&nbsp; Micron Technology Inc  | 28839 | 2724 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp  | 193613 | 89132 |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems Inc  | 1233 | 816 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc  | 4339 | 1802 |
| &nbsp;&nbsp;&nbsp; NetApp Inc  | 5375 | 533 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp  | 637652 | 86166 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp <sup>\*</sup> | 11356 | 477 |
| &nbsp;&nbsp;&nbsp; Oracle Corp  | 42255 | 6994 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies Inc, Cl A <sup>\*</sup> | 53329 | 7028 |
| &nbsp;&nbsp;&nbsp; Palo Alto Networks Inc <sup>\*</sup> | 17114 | 3293 |
| &nbsp;&nbsp;&nbsp; PTC Inc <sup>\*</sup> | 3098 | 521 |
| &nbsp;&nbsp;&nbsp; QUALCOMM Inc  | 28908 | 4197 |
| &nbsp;&nbsp;&nbsp; Roper Technologies Inc  | 2790 | 1591 |
| &nbsp;&nbsp;&nbsp; Salesforce Inc  | 24921 | 6613 |
| &nbsp;&nbsp;&nbsp; Seagate Technology Holdings PLC  | 5573 | 657 |
| &nbsp;&nbsp;&nbsp; ServiceNow Inc <sup>\*</sup> | 5411 | 5471 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions Inc  | 4586 | 317 |
| &nbsp;&nbsp;&nbsp; Super Micro Computer Inc <sup>\*</sup> | 13406 | 537 |
| &nbsp;&nbsp;&nbsp; Synopsys Inc <sup>\*</sup> | 4019 | 1865 |
| &nbsp;&nbsp;&nbsp; Teledyne Technologies Inc <sup>\*</sup> | 1185 | 591 |
| &nbsp;&nbsp;&nbsp; Teradyne Inc  | 4487 | 353 |
| &nbsp;&nbsp;&nbsp; Texas Instruments Inc  | 23769 | 4346 |
| &nbsp;&nbsp;&nbsp; Trimble Inc <sup>\*</sup> | 6588 | 470 |
| &nbsp;&nbsp;&nbsp; Tyler Technologies Inc <sup>\*</sup> | 1091 | 629 |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Dynamic Asset Allocation Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; VeriSign Inc  | 2154 | $587 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp <sup>\*</sup> | 9261 | 477 |
| &nbsp;&nbsp;&nbsp; Workday Inc, Cl A <sup>\*</sup> | 5590 | 1385 |
| &nbsp;&nbsp;&nbsp; Zebra Technologies Corp, Cl A <sup>\*</sup> | 1422 | 412 |
|  |  | 405377 |
| **Materials — 1.5%** | **Materials — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; Air Products and Chemicals Inc  | 5785 | 1613 |
| &nbsp;&nbsp;&nbsp; Albemarle Corp  | 2717 | 151 |
| &nbsp;&nbsp;&nbsp; Amcor PLC  | 59522 | 542 |
| &nbsp;&nbsp;&nbsp; Avery Dennison Corp  | 2181 | 388 |
| &nbsp;&nbsp;&nbsp; Ball Corp  | 8050 | 431 |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings Inc  | 4753 | 431 |
| &nbsp;&nbsp;&nbsp; Corteva Inc  | 17959 | 1271 |
| &nbsp;&nbsp;&nbsp; Dow Inc  | 18090 | 502 |
| &nbsp;&nbsp;&nbsp; DuPont de Nemours Inc  | 11042 | 738 |
| &nbsp;&nbsp;&nbsp; Eastman Chemical Co  | 2663 | 209 |
| &nbsp;&nbsp;&nbsp; Ecolab Inc  | 6556 | 1741 |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc, Cl B  | 37479 | 1442 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances Inc  | 6655 | 510 |
| &nbsp;&nbsp;&nbsp; International Paper Co  | 13971 | 668 |
| &nbsp;&nbsp;&nbsp; Linde PLC  | 12357 | 5778 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries NV, Cl A  | 6951 | 393 |
| &nbsp;&nbsp;&nbsp; Martin Marietta Materials Inc  | 1618 | 886 |
| &nbsp;&nbsp;&nbsp; Mosaic Co/The  | 9238 | 334 |
| &nbsp;&nbsp;&nbsp; Newmont Corp  | 29685 | 1565 |
| &nbsp;&nbsp;&nbsp; Nucor Corp  | 6116 | 669 |
| &nbsp;&nbsp;&nbsp; Packaging Corp of America  | 2369 | 458 |
| &nbsp;&nbsp;&nbsp; PPG Industries Inc  | 5922 | 656 |
| &nbsp;&nbsp;&nbsp; Sherwin-Williams Co/The  | 6009 | 2156 |
| &nbsp;&nbsp;&nbsp; Smurfit WestRock PLC  | 12664 | 549 |
| &nbsp;&nbsp;&nbsp; Steel Dynamics Inc  | 3698 | 455 |
| &nbsp;&nbsp;&nbsp; Vulcan Materials Co  | 3489 | 925 |
|  |  | 25461 |
| **Real Estate — 1.7%** | **Real Estate — 1.7%** |  |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate Equities Inc <sup>‡</sup> | 3686 | 259 |
| &nbsp;&nbsp;&nbsp; American Tower Corp, Cl A <sup>‡</sup> | 12090 | 2595 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities Inc <sup>‡</sup> | 3755 | 776 |
| &nbsp;&nbsp;&nbsp; BXP Inc <sup>‡</sup> | 3359 | 226 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust <sup>‡</sup> | 2967 | 349 |
| &nbsp;&nbsp;&nbsp; CBRE Group Inc, Cl A <sup>\*</sup> | 7763 | 971 |
| &nbsp;&nbsp;&nbsp; CoStar Group Inc <sup>\*</sup> | 11110 | 817 |
| &nbsp;&nbsp;&nbsp; Crown Castle Inc <sup>‡</sup> | 11373 | 1141 |
| &nbsp;&nbsp;&nbsp; Digital Realty Trust Inc <sup>‡</sup> | 8281 | 1420 |
| &nbsp;&nbsp;&nbsp; Equinix Inc <sup>‡</sup> | 2525 | 2244 |
| &nbsp;&nbsp;&nbsp; Equity Residential <sup>‡</sup> | 8725 | 612 |
| &nbsp;&nbsp;&nbsp; Essex Property Trust Inc <sup>‡</sup> | 1732 | 492 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage Inc <sup>‡</sup> | 5598 | 846 |
| &nbsp;&nbsp;&nbsp; Federal Realty Investment Trust <sup>‡</sup> | 1734 | 166 |
| &nbsp;&nbsp;&nbsp; Healthpeak Properties Inc <sup>‡</sup> | 19001 | 331 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts Inc <sup>‡</sup> | 16257 | 252 |
| &nbsp;&nbsp;&nbsp; Invitation Homes Inc <sup>‡</sup> | 15078 | 508 |
| &nbsp;&nbsp;&nbsp; Iron Mountain Inc <sup>‡</sup> | 7812 | 771 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Kimco Realty Corp <sup>‡</sup> | 18125 | $385 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities Inc <sup>‡</sup> | 3082 | 483 |
| &nbsp;&nbsp;&nbsp; Prologis Inc <sup>‡</sup> | 23975 | 2604 |
| &nbsp;&nbsp;&nbsp; Public Storage <sup>‡</sup> | 4121 | 1271 |
| &nbsp;&nbsp;&nbsp; Realty Income Corp <sup>‡</sup> | 22853 | 1294 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp <sup>‡</sup> | 4478 | 323 |
| &nbsp;&nbsp;&nbsp; SBA Communications Corp, Cl A <sup>‡</sup> | 2695 | 625 |
| &nbsp;&nbsp;&nbsp; Simon Property Group Inc <sup>‡</sup> | 8008 | 1306 |
| &nbsp;&nbsp;&nbsp; UDR Inc <sup>‡</sup> | 8147 | 337 |
| &nbsp;&nbsp;&nbsp; Ventas Inc <sup>‡</sup> | 11559 | 743 |
| &nbsp;&nbsp;&nbsp; VICI Properties Inc, Cl A <sup>‡</sup> | 27767 | 880 |
| &nbsp;&nbsp;&nbsp; Welltower Inc <sup>‡</sup> | 15775 | 2434 |
| &nbsp;&nbsp;&nbsp; Weyerhaeuser Co <sup>‡</sup> | 18783 | 487 |
|  |  | 27948 |
| **Utilities — 1.9%** | **Utilities — 1.9%** |  |
| &nbsp;&nbsp;&nbsp; AES Corp/The  | 16397 | 165 |
| &nbsp;&nbsp;&nbsp; Alliant Energy Corp  | 6775 | 422 |
| &nbsp;&nbsp;&nbsp; Ameren Corp  | 7161 | 694 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co Inc  | 13890 | 1437 |
| &nbsp;&nbsp;&nbsp; American Water Works Co Inc  | 5161 | 738 |
| &nbsp;&nbsp;&nbsp; Atmos Energy Corp  | 4226 | 654 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Inc  | 16735 | 623 |
| &nbsp;&nbsp;&nbsp; CMS Energy Corp  | 7659 | 538 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison Inc  | 9101 | 951 |
| &nbsp;&nbsp;&nbsp; Constellation Energy Corp  | 8139 | 2492 |
| &nbsp;&nbsp;&nbsp; Dominion Energy Inc  | 21966 | 1245 |
| &nbsp;&nbsp;&nbsp; DTE Energy Co  | 5488 | 750 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp  | 20090 | 2365 |
| &nbsp;&nbsp;&nbsp; Edison International  | 10078 | 561 |
| &nbsp;&nbsp;&nbsp; Entergy Corp  | 11276 | 939 |
| &nbsp;&nbsp;&nbsp; Evergy Inc  | 6025 | 400 |
| &nbsp;&nbsp;&nbsp; Eversource Energy  | 9485 | 615 |
| &nbsp;&nbsp;&nbsp; Exelon Corp  | 26294 | 1152 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp  | 13246 | 555 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Inc  | 53753 | 3797 |
| &nbsp;&nbsp;&nbsp; NiSource Inc  | 12653 | 500 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc  | 5318 | 829 |
| &nbsp;&nbsp;&nbsp; PG&E Corp  | 57644 | 973 |
| &nbsp;&nbsp;&nbsp; Pinnacle West Capital Corp  | 2621 | 239 |
| &nbsp;&nbsp;&nbsp; PPL Corp  | 18787 | 653 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group Inc  | 13067 | 1059 |
| &nbsp;&nbsp;&nbsp; Sempra  | 16577 | 1303 |
| &nbsp;&nbsp;&nbsp; Southern Co/The  | 28350 | 2551 |
| &nbsp;&nbsp;&nbsp; Vistra Corp  | 8928 | 1434 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group Inc  | 8366 | 899 |
| &nbsp;&nbsp;&nbsp; Xcel Energy Inc  | 15063 | 1056 |
|  |  | 32589 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $437,507) ($ Thousands) |  | 1298208 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **FOREIGN COMMON STOCK — 0.5%** | **FOREIGN COMMON STOCK — 0.5%** | **FOREIGN COMMON STOCK — 0.5%** |
| **Ireland — 0.3%** | **Ireland — 0.3%** |  |
| **Information Technology — 0.3%** | **Information Technology — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Accenture PLC, Cl A  | 16310 | $5167 |
| **Jersey — 0.0%** | **Jersey — 0.0%** |  |
| **Consumer Discretionary — 0.0%** | **Consumer Discretionary — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; APTIV PLC <sup>\*</sup> | 6474 | 432 |
| **Netherlands — 0.1%** | **Netherlands — 0.1%** |  |
| **Information Technology — 0.1%** | **Information Technology — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; NXP Semiconductors NV  | 6643 | 1270 |
| **Switzerland — 0.1%** | **Switzerland — 0.1%** |  |
| **Information Technology — 0.1%** | **Information Technology — 0.1%** |  |
| &nbsp;&nbsp;&nbsp; TE Connectivity PLC  | 7820 | 1252 |
|  Total Foreign Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $3,450) ($ Thousands) |  | 8121 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **CASH EQUIVALENT — 1.2%** | **CASH EQUIVALENT — 1.2%** | **CASH EQUIVALENT — 1.2%** |
| &nbsp;&nbsp;&nbsp; SEI Daily Income Trust, Government Fund, Institutional Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.230%\*\*<sup>†</sup> | 19607108 | $19607 |
|  Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $19,607) ($ Thousands) |  | 19607 |
| **PURCHASED OPTIONS — 0.2%** | **PURCHASED OPTIONS — 0.2%** | **PURCHASED OPTIONS — 0.2%** |
|  Total Purchased Options ^ |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $9,840) ($ Thousands) |  | 2770 |
| **PURCHASED SWAPTIONS — 0.4%** | **PURCHASED SWAPTIONS — 0.4%** | **PURCHASED SWAPTIONS — 0.4%** |
|  Total Purchased Swaptions  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $10,926) ($ Thousands) |  | 7284 |
| Total Investments in Securities — 79.3% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $481,330) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $481,330) ($ Thousands)  | $1335990 |
| **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** |
|  Total Written Options ^ |  |  |
| &nbsp;&nbsp;&nbsp; (Premiums Received $3,093) ($ Thousands) |  | $(1947) |
| **WRITTEN SWAPTIONS — (0.1)%** | **WRITTEN SWAPTIONS — (0.1)%** | **WRITTEN SWAPTIONS — (0.1)%** |
|  Total Written Swaptions  |  |  |
| &nbsp;&nbsp;&nbsp; (Premiums Received $7,086) ($ Thousands) |  | $(1242) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: |
| **Description** | **Number of Contracts** | **Notional Amount<br> (Thousands)** | **Exercise Price** | **Expiration Date** | **Value<br> (Thousands)** |
| **PURCHASED OPTIONS — 0.2%** | **PURCHASED OPTIONS — 0.2%** |  |  |  |  |
| **Put Options** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; EUR PUT/ JPY CALL | 105738241 | $16072213 | $152.00 | 8/16/2025 | $211 |
| **Call Options** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; USD CALL/ CNH PUT | 340000000 | $2465000 | 7.25 | 8/16/2025 | $1085 |
| &nbsp;&nbsp;&nbsp; XAU PUT/ USD CALL^ | 23700 | 96103 | 4055.00 | 4/18/2026 | 1474 |
|  |  | 2561103 |  |  | 2559 |
| &nbsp;&nbsp;&nbsp; Total Purchased Options |  | $18633316 |  |  | $2770 |
| **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** |  |  |  |  |
| **Put Options** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; EUR PUT/ JPY CALL | (105738241) | $(14803354) | 140.00 | 08/16/2025 | $(22) |
| **Call Options** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; XAU PUT/ USD CALL^ | (23700) | $(73707) | 3110.00 | 04/18/2026 | $(1925) |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Dynamic Asset Allocation Fund** (Concluded)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: | A list of open exchange traded options contracts for the Fund at May 31, 2025, is as follows: |
| **Description** | **Number of Contracts** | **Notional Amount<br> (Thousands)** | **Exercise Price** | **Expiration Date** | **Value<br> (Thousands)** |
| **WRITTEN OPTIONS (continued)** | **WRITTEN OPTIONS (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Total Written Options |  | $(14877061) |  |  | $(1947) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: | A list of open over the counter swaptions contracts for the Fund at May 31, 2025, is as follows: |
| **Description** | **Counterparty** | **Number of Contracts/ Notional Amount** | **Exercise Price** | **Expiration Date** | **Value<br> (Thousands)** |
| **PURCHASED SWAPTIONS — 0.4%** | **PURCHASED SWAPTIONS — 0.4%** | **PURCHASED SWAPTIONS — 0.4%** |  |  |  |
| **Call Swaptions** | **Call Swaptions** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | $1615000000 | $0.75 | 05/22/2027 | $2896 |
| **Put Swaptions** | **Put Swaptions** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | $121680000 | 3.04 | 03/22/2036 | $1238 |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | 1590000000 | 3.86 | 07/18/2026 | 2234 |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | 660000000 | 3.86 | 07/18/2026 | 916 |
|  |  | 2371680000 |  |  | 4388 |
|  Total Purchased Swaptions |  | $3986680000 |  |  | $7284 |
| **WRITTEN SWAPTIONS — (0.1)%** | **WRITTEN SWAPTIONS — (0.1)%** | **WRITTEN SWAPTIONS — (0.1)%** |  |  |  |
| **Put Swaptions** | **Put Swaptions** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | $(1078480000) | 2.43 | 03/20/2027 | $(506) |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | (3180000000) | 4.36 | 07/18/2026 | (80) |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | (1320000000) | 4.36 | 07/18/2026 | (32) |
|  |  | (5578480000) |  |  | (618) |
| **Call Swaptions** | **Call Swaptions** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Swaption | Bank of America Merrill Lynch | $(1615000000) | 1.50 | 05/22/2027 | $(624) |
|  Total Written Swaptions |  | $(7193480000) |  |  | $(1242) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; S&P 500 Index E-MINI^ | 1262 | Jun-2025 | $359118 | $373299 | $14181 |
|  |  |  | $359118 | $373299 | $14181 |

---

A list of OTC swap agreements held by the fund at May 31, 2025, is as follows

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Cross-Currency Swaps** | **Cross-Currency Swaps** | **Cross-Currency Swaps** | **Cross-Currency Swaps** | **Cross-Currency Swaps** | **Cross-Currency Swaps** | **Cross-Currency Swaps** | **Cross-Currency Swaps** | **Cross-Currency Swaps** | **Cross-Currency Swaps** |
| **Counterparty** | **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payment<br> (Thousands)** | **Net Unrealized<br> Depreciation<br> (Thousands)** |
| JPMorgan Chase | SOFR | EUROSTR -0.025% | Quarterly | 09/17/2025 | EUR | 901030 | $(22) | $– | $(22) |
| JPMorgan Chase | SOFR | EUROSTR -0.03% | Quarterly | 09/17/2025 | EUR | 2405956 | (94) | – | (94) |
|  |  |  |  |  |  |  | $(116) | $– | $(116) |

---

A list of the open centrally cleared swap agreements held by the Fund at May 31, 2025, is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** |
| **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| SOFR | 4.35% | Annually | 11/02/2031 | USD | 837500 | $25980 | $– | $25980 |
| 2.385%^ | U.S. CPI | Annually | 07/31/2029 | USD | 265000 | 7662 |  | 7662 |
| 2.39%^ | U.S. CPI | Annually | 07/31/2029 | USD | 265000 | 7610 |  | 7610 |
| 2.4%^ | U.S. CPI | Annually | 08/01/2029 | USD | 107000 | 3027 |  | 3027 |
| 2.659%^ | U.S. CPI | Annually | 02/27/2033 | USD | 269000 | 15828 |  | 15828 |
| 0.28096% | 1-Day JPY-MUTKCALM | Annually | 05/15/2026 | JPY | 264893382 | 5655 |  | 5655 |

---

------

SEI Institutional Investments Trust

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| 0.29283% | TONAR | Annually | 05/15/2026 | JPY | 209944853 | $4317 | $– | $4317 |
| SOFR | 3.41% | Annually | 12/11/2028 | USD | 1023842 | 366 |  | 366 |
| 3.432% | SOFR | Annually | 12/11/2056 | USD | 107637 | 10637 |  | 10637 |
| 4.161% | SOFR | Annually | 11/02/2056 | USD | 214675 | (4408) |  | (4408) |
| 4.2725% | SOFR | Annually | 07/22/2025 | USD | 1150000 | 358 |  | 358 |
| 4.36% | SOFR | Annually | 07/26/2025 | USD | 517500 | 102 | – | 102 |
|  |  |  |  |  |  | $77134 | $– | $77134 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $1,684,842 ($ Thousands). |
| \* | Non-income producing security. |
| \*\* | The rate reported is the 7-day effective yield as of May 31, 2025. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| ^ | Security, or a portion thereof, is held by DAA Commodity Strategy Subsidiary, Ltd. as of May 31, 2025. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1<br> ($)** | **Level 2<br> ($)** | **Level 3<br> ($)** | **Total<br> ($)** |
| &nbsp;&nbsp;&nbsp; Common Stock | 1298208 |  |  | 1298208 |
| &nbsp;&nbsp;&nbsp; Foreign Common Stock | 8121 |  |  | 8121 |
| &nbsp;&nbsp;&nbsp; Cash Equivalent | 19607 |  |  | 19607 |
| &nbsp;&nbsp;&nbsp; Purchased Options | 2770 |  |  | 2770 |
| &nbsp;&nbsp;&nbsp; Purchased Swaptions | – | 7284 |  | 7284 |
|  Total Investments in Securities | 1328706 | 7284 |  | 1335990 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Written Options | (1947) |  |  | (1947) |
| &nbsp;&nbsp;&nbsp; Written Swaptions |  | (1242) |  | (1242) |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 14181 |  |  | 14181 |
| &nbsp;&nbsp;&nbsp; OTC Swaps |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cross-Currency Swaps\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation |  | (116) |  | (116) |
| &nbsp;&nbsp;&nbsp; Centrally Cleared Swaps |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Swaps\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation |  | 81542 |  | 81542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | – | (4408) |  | (4408) |
| Total Other Financial Instruments | 12234 | 75776 |  | 88010 |

---

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

For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): | The following is a summary of the Fund's transactions with affiliates for the year ended May 31, 2025 ($ Thousands): |
| **Security Description** | **Value <br> 5/31/2024** | **Purchases<br> at Cost** | **Proceeds<br> from Sales** | **Realized Gain (Loss)** | **Change in Unrealized Appreciation (Depreciation)** | **Value <br> 5/31/2025** | **Income** | **Capital Gains** |
|  SEI Daily Income Trust, Government Fund, <br> Institutional Class | $19589 | $232950 | $(232932) | $— | $— | $19607 | $1038 | $— |

---

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

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Multi-Asset Real Return Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS — 54.3%** | **U.S. TREASURY OBLIGATIONS — 54.3%** | **U.S. TREASURY OBLIGATIONS — 54.3%** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills ^ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11.910%, 06/24/2025 (A) | $500 | $499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.257%, 06/12/2025 (A) | 11000 | 10987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.249%, 07/31/2025 (A) | 6200 | 6157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.248%, 07/24/2025 (A) | 11300 | 11231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.243%, 07/17/2025 (A) | 4500 | 4476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.241%, 06/26/2025 (A) | 8000 | 7978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.235%, 07/10/2025 (A) | 3300 | 3285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.229%, 06/20/2025 (A) | 16400 | 16365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.227%, 06/05/2025 (A) | 1200 | 1200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.217%, 07/03/2025 (A) | 8000 | 7971 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Inflation-Protected Securities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.750%, 07/15/2028  | 21894 | 21572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.375%, 07/15/2027  | 142463 | 140421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.250%, 07/15/2029 (I)  | 118823 | 113547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.125%, 01/15/2030  | 5639 | 5292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.125%, 07/15/2030  | 16573 | 15471 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes ^ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 08/31/2025  | 1000 | 1001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 05/31/2026  | 800 | 806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 07/31/2025  | 1200 | 1201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.546%, USBMMY3M + 0.245%, 01/31/2026 (B)(C) | 8300 | 8312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.501%, USBMMY3M + 0.205%, 10/31/2026 (C) | 7600 | 7611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/15/2027  | 1000 | 1010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.483%, USBMMY3M + 0.182%, 07/31/2026 (C) | 2300 | 2303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.471%, USBMMY3M + 0.170%, 10/31/2025 (B)(C) | 9200 | 9204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.456%, USBMMY3M + 0.160%, 04/30/2027 (C) | 3500 | 3502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.451%, USBMMY3M + 0.150%, 04/30/2026 (C) | 5300 | 5304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.426%, USBMMY3M + 0.125%, 07/31/2025 (C) | 7600 | 7601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.394%, USBMMY3M + 0.098%, 01/31/2027 (B)(C) | 2900 | 2901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 08/15/2026  | 1200 | 1204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 07/15/2027  | 800 | 808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 12/31/2026  | 1500 | 1506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 01/15/2028  | 700 | 706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 02/15/2028  | 1500 | 1514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 02/15/2026  | 700 | 699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 08/31/2026  | 400 | 398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 09/15/2027  | 800 | 791 |
|  Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |
| &nbsp;&nbsp;&nbsp; (Cost $421,540) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $421,540) ($ Thousands) | 424834 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK — 28.4%** | **COMMON STOCK — 28.4%** | **COMMON STOCK — 28.4%** |
| **Communication Services — 2.4%** | **Communication Services — 2.4%** |  |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl A  | 13163 | $2261 |
| &nbsp;&nbsp;&nbsp; Alphabet Inc, Cl C  | 10863 | 1878 |
| &nbsp;&nbsp;&nbsp; AST SpaceMobile Inc, Cl A <sup>\*</sup> | 2092 | 48 |
| &nbsp;&nbsp;&nbsp; AT&T Inc (D) | 88458 | 2459 |
| &nbsp;&nbsp;&nbsp; Cinemark Holdings Inc  | 253 | 9 |
| &nbsp;&nbsp;&nbsp; Cogent Communications Holdings Inc  | 409 | 19 |
| &nbsp;&nbsp;&nbsp; Electronic Arts Inc  | 1220 | 175 |
| &nbsp;&nbsp;&nbsp; Frontier Communications Parent Inc <sup>\*</sup> | 3441 | 125 |
| &nbsp;&nbsp;&nbsp; GCI Liberty - Escrow <sup>\*</sup> | 1350 |  |
| &nbsp;&nbsp;&nbsp; Globalstar Inc <sup>\*</sup> | 342 | 6 |
| &nbsp;&nbsp;&nbsp; Iridium Communications Inc  | 1840 | 47 |
| &nbsp;&nbsp;&nbsp; Liberty Global Ltd, Cl A <sup>\*</sup> | 1779 | 17 |
| &nbsp;&nbsp;&nbsp; Liberty Global PLC <sup>\*</sup> | 1845 | 18 |
| &nbsp;&nbsp;&nbsp; Liberty Latin America Ltd, Cl C <sup>\*</sup> | 3003 | 15 |
| &nbsp;&nbsp;&nbsp; Liberty Media Corp-Liberty Formula One, Cl C <sup>\*</sup> | 1572 | 152 |
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment Inc <sup>\*</sup> | 804 | 110 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies Inc <sup>\*</sup> | 12326 | 48 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Sports Corp, Cl A <sup>\*</sup> | 70 | 13 |
| &nbsp;&nbsp;&nbsp; Match Group Inc  | 1152 | 34 |
| &nbsp;&nbsp;&nbsp; Meta Platforms Inc, Cl A  | 4933 | 3194 |
| &nbsp;&nbsp;&nbsp; Netflix Inc <sup>\*</sup> | 1992 | 2405 |
| &nbsp;&nbsp;&nbsp; Pinterest Inc, Cl A <sup>\*</sup> | 1345 | 42 |
| &nbsp;&nbsp;&nbsp; ROBLOX Corp, Cl A <sup>\*</sup> | 2808 | 244 |
| &nbsp;&nbsp;&nbsp; Roku Inc, Cl A <sup>\*</sup> | 673 | 49 |
| &nbsp;&nbsp;&nbsp; Spotify Technology SA <sup>\*</sup> | 669 | 445 |
| &nbsp;&nbsp;&nbsp; Take-Two Interactive Software Inc <sup>\*</sup> | 919 | 208 |
| &nbsp;&nbsp;&nbsp; Telephone and Data Systems Inc  | 1012 | 35 |
| &nbsp;&nbsp;&nbsp; TKO Group Holdings Inc, Cl A  | 328 | 52 |
| &nbsp;&nbsp;&nbsp; T-Mobile US Inc  | 5819 | 1409 |
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc  | 52109 | 2291 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co/The  | 8954 | 1012 |
| &nbsp;&nbsp;&nbsp; Warner Bros Discovery Inc <sup>\*</sup>(D) | 12025 | 120 |
|  |  | 18940 |
| **Consumer Staples — 7.2%** | **Consumer Staples — 7.2%** |  |
| &nbsp;&nbsp;&nbsp; Albertsons Cos Inc, Cl A  | 6946 | 154 |
| &nbsp;&nbsp;&nbsp; Altria Group Inc (D) | 29497 | 1788 |
| &nbsp;&nbsp;&nbsp; Andersons Inc/The  | 375 | 13 |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co  | 8564 | 413 |
| &nbsp;&nbsp;&nbsp; BellRing Brands Inc <sup>\*</sup> | 2278 | 143 |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings Inc <sup>\*</sup> | 2272 | 257 |
| &nbsp;&nbsp;&nbsp; Boston Beer Co Inc/The, Cl A <sup>\*</sup> | 114 | 26 |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp, Cl A  | 1163 | 39 |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp, Cl B  | 3236 | 108 |
| &nbsp;&nbsp;&nbsp; Bunge Global SA  | 2275 | 178 |
| &nbsp;&nbsp;&nbsp; Cal-Maine Foods Inc  | 723 | 69 |
| &nbsp;&nbsp;&nbsp; Campbell Soup Co  | 3281 | 112 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores Inc  | 691 | 302 |
| &nbsp;&nbsp;&nbsp; Celsius Holdings Inc <sup>\*</sup> | 2986 | 113 |
| &nbsp;&nbsp;&nbsp; Central Garden & Pet Co, Cl A <sup>\*</sup> | 586 | 19 |
| &nbsp;&nbsp;&nbsp; Chefs' Warehouse Inc/The <sup>\*</sup> | 463 | 30 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Church & Dwight Co Inc  | 4177 | $411 |
| &nbsp;&nbsp;&nbsp; Clorox Co/The  | 2231 | 294 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co/The (D) | 67940 | 4898 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Consolidated Inc  | 1080 | 124 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive Co  | 14342 | 1333 |
| &nbsp;&nbsp;&nbsp; Conagra Brands Inc  | 8211 | 188 |
| &nbsp;&nbsp;&nbsp; Constellation Brands Inc, Cl A  | 2935 | 523 |
| &nbsp;&nbsp;&nbsp; Costco Wholesale Corp (D) | 7812 | 8126 |
| &nbsp;&nbsp;&nbsp; Coty Inc, Cl A <sup>\*</sup> | 5345 | 26 |
| &nbsp;&nbsp;&nbsp; Darling Ingredients Inc <sup>\*</sup> | 3235 | 101 |
| &nbsp;&nbsp;&nbsp; Dole PLC  | 1997 | 28 |
| &nbsp;&nbsp;&nbsp; Dollar General Corp  | 3849 | 374 |
| &nbsp;&nbsp;&nbsp; Dollar Tree Inc <sup>\*</sup> | 3532 | 319 |
| &nbsp;&nbsp;&nbsp; Edgewell Personal Care Co  | 606 | 17 |
| &nbsp;&nbsp;&nbsp; elf Beauty Inc <sup>\*</sup> | 1162 | 131 |
| &nbsp;&nbsp;&nbsp; Energizer Holdings Inc  | 1064 | 25 |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos Inc/The, Cl A  | 4479 | 300 |
| &nbsp;&nbsp;&nbsp; Flowers Foods Inc  | 3606 | 61 |
| &nbsp;&nbsp;&nbsp; Fresh Del Monte Produce Inc  | 1101 | 39 |
| &nbsp;&nbsp;&nbsp; Freshpet Inc <sup>\*</sup> | 855 | 69 |
| &nbsp;&nbsp;&nbsp; General Mills Inc  | 9361 | 508 |
| &nbsp;&nbsp;&nbsp; Grocery Outlet Holding Corp <sup>\*</sup> | 2231 | 30 |
| &nbsp;&nbsp;&nbsp; Hain Celestial Group Inc/The <sup>\*</sup> | 2310 | 4 |
| &nbsp;&nbsp;&nbsp; Herbalife Ltd <sup>\*</sup> | 2495 | 19 |
| &nbsp;&nbsp;&nbsp; Hershey Co/The  | 2653 | 426 |
| &nbsp;&nbsp;&nbsp; Hormel Foods Corp  | 5441 | 167 |
| &nbsp;&nbsp;&nbsp; Ingles Markets Inc, Cl A  | 394 | 25 |
| &nbsp;&nbsp;&nbsp; Ingredion Inc  | 1276 | 178 |
| &nbsp;&nbsp;&nbsp; Inter Parfums Inc  | 259 | 35 |
| &nbsp;&nbsp;&nbsp; J & J Snack Foods Corp  | 343 | 40 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co/The  | 1767 | 199 |
| &nbsp;&nbsp;&nbsp; John B Sanfilippo & Son Inc  | 339 | 21 |
| &nbsp;&nbsp;&nbsp; Kellanova  | 4388 | 363 |
| &nbsp;&nbsp;&nbsp; Kenvue Inc  | 34181 | 816 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper Inc  | 21090 | 710 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp  | 5647 | 812 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co/The  | 15152 | 405 |
| &nbsp;&nbsp;&nbsp; Kroger Co/The  | 11316 | 772 |
| &nbsp;&nbsp;&nbsp; Lamb Weston Holdings Inc  | 2400 | 134 |
| &nbsp;&nbsp;&nbsp; Lancaster Colony Corp  | 385 | 64 |
| &nbsp;&nbsp;&nbsp; Maplebear Inc <sup>\*</sup> | 2882 | 132 |
| &nbsp;&nbsp;&nbsp; McCormick & Co Inc/MD  | 4452 | 324 |
| &nbsp;&nbsp;&nbsp; MGP Ingredients Inc  | 315 | 9 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co, Cl B  | 3170 | 170 |
| &nbsp;&nbsp;&nbsp; Mondelez International Inc, Cl A  | 22815 | 1540 |
| &nbsp;&nbsp;&nbsp; Monster Beverage Corp <sup>\*</sup> | 12359 | 790 |
| &nbsp;&nbsp;&nbsp; National Beverage Corp  | 330 | 15 |
| &nbsp;&nbsp;&nbsp; Nu Skin Enterprises Inc, Cl A  | 1445 | 12 |
| &nbsp;&nbsp;&nbsp; PepsiCo Inc (D) | 23992 | 3154 |
| &nbsp;&nbsp;&nbsp; Performance Food Group Co <sup>\*</sup> | 3160 | 283 |
| &nbsp;&nbsp;&nbsp; Philip Morris International Inc (D) | 27265 | 4924 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp  | 633 | 31 |
| &nbsp;&nbsp;&nbsp; Post Holdings Inc <sup>\*</sup> | 1006 | 111 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; PriceSmart Inc  | 546 | $59 |
| &nbsp;&nbsp;&nbsp; Primo Brands Corp  | 3614 | 120 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co/The (D) | 41418 | 7037 |
| &nbsp;&nbsp;&nbsp; Reynolds Consumer Products Inc  | 542 | 12 |
| &nbsp;&nbsp;&nbsp; Seaboard Corp  | 7 | 19 |
| &nbsp;&nbsp;&nbsp; Simply Good Foods Co/The <sup>\*</sup> | 1236 | 43 |
| &nbsp;&nbsp;&nbsp; SpartanNash Co  | 1457 | 28 |
| &nbsp;&nbsp;&nbsp; Spectrum Brands Holdings Inc  | 552 | 32 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market Inc <sup>\*</sup> | 1764 | 305 |
| &nbsp;&nbsp;&nbsp; Sysco Corp  | 8387 | 612 |
| &nbsp;&nbsp;&nbsp; Target Corp  | 8468 | 796 |
| &nbsp;&nbsp;&nbsp; TreeHouse Foods Inc <sup>\*</sup> | 1204 | 27 |
| &nbsp;&nbsp;&nbsp; Turning Point Brands Inc  | 398 | 30 |
| &nbsp;&nbsp;&nbsp; Tyson Foods Inc, Cl A (D) | 4849 | 272 |
| &nbsp;&nbsp;&nbsp; United Natural Foods Inc <sup>\*</sup> | 1612 | 49 |
| &nbsp;&nbsp;&nbsp; Universal Corp/VA  | 684 | 45 |
| &nbsp;&nbsp;&nbsp; US Foods Holding Corp <sup>\*</sup> | 3869 | 306 |
| &nbsp;&nbsp;&nbsp; Utz Brands Inc  | 999 | 13 |
| &nbsp;&nbsp;&nbsp; Vita Coco Co Inc/The <sup>\*</sup> | 334 | 12 |
| &nbsp;&nbsp;&nbsp; Vital Farms Inc <sup>\*</sup> | 691 | 22 |
| &nbsp;&nbsp;&nbsp; Walgreens Boots Alliance Inc  | 13533 | 152 |
| &nbsp;&nbsp;&nbsp; Walmart Inc (D) | 75871 | 7490 |
| &nbsp;&nbsp;&nbsp; WD-40 Co  | 260 | 63 |
| &nbsp;&nbsp;&nbsp; Weis Markets Inc  | 493 | 37 |
| &nbsp;&nbsp;&nbsp; WK Kellogg Co  | 473 | 8 |
|  |  | 55963 |
| **Energy — 7.0%** | **Energy — 7.0%** |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp  | 9348 | 176 |
| &nbsp;&nbsp;&nbsp; Antero Resources Corp <sup>\*</sup> | 9673 | 362 |
| &nbsp;&nbsp;&nbsp; APA Corp  | 14041 | 239 |
| &nbsp;&nbsp;&nbsp; Archrock Inc  | 5108 | 127 |
| &nbsp;&nbsp;&nbsp; Ardmore Shipping Corp  | 1704 | 16 |
| &nbsp;&nbsp;&nbsp; Aris Water Solutions Inc, Cl A  | 1444 | 32 |
| &nbsp;&nbsp;&nbsp; Atlas Energy Solutions Inc, Cl A  | 1722 | 21 |
| &nbsp;&nbsp;&nbsp; Baker Hughes Co, Cl A  | 30975 | 1148 |
| &nbsp;&nbsp;&nbsp; Bristow Group Inc <sup>\*</sup> | 716 | 21 |
| &nbsp;&nbsp;&nbsp; Cactus Inc, Cl A  | 1614 | 66 |
| &nbsp;&nbsp;&nbsp; California Resources Corp  | 3371 | 149 |
| &nbsp;&nbsp;&nbsp; Centrus Energy Corp, Cl A <sup>\*</sup> | 597 | 76 |
| &nbsp;&nbsp;&nbsp; ChampionX Corp  | 5076 | 122 |
| &nbsp;&nbsp;&nbsp; Cheniere Energy Inc  | 6992 | 1657 |
| &nbsp;&nbsp;&nbsp; Chesapeake Energy Corp  | 7347 | 853 |
| &nbsp;&nbsp;&nbsp; Chevron Corp (D) | 51111 | 6987 |
| &nbsp;&nbsp;&nbsp; Chord Energy Corp  | 2047 | 184 |
| &nbsp;&nbsp;&nbsp; Civitas Resources Inc  | 2814 | 77 |
| &nbsp;&nbsp;&nbsp; Clean Energy Fuels Corp <sup>\*</sup> | 7126 | 13 |
| &nbsp;&nbsp;&nbsp; CNX Resources Corp <sup>\*</sup> | 4448 | 144 |
| &nbsp;&nbsp;&nbsp; Comstock Resources Inc <sup>\*</sup> | 3259 | 76 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips (D) | 40415 | 3449 |
| &nbsp;&nbsp;&nbsp; CONSOL Energy Inc  | 1568 | 109 |
| &nbsp;&nbsp;&nbsp; Core Laboratories Inc  | 1242 | 13 |
| &nbsp;&nbsp;&nbsp; Coterra Energy Inc, Cl A  | 20065 | 488 |
| &nbsp;&nbsp;&nbsp; Crescent Energy Co, Cl A  | 3953 | 33 |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Multi-Asset Real Return Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; CVR Energy Inc  | 501 | $12 |
| &nbsp;&nbsp;&nbsp; Delek US Holdings Inc  | 2371 | 46 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp  | 18287 | 553 |
| &nbsp;&nbsp;&nbsp; DHT Holdings Inc  | 5005 | 58 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy Inc  | 6019 | 810 |
| &nbsp;&nbsp;&nbsp; Diversified Energy Co PLC  | 685 | 10 |
| &nbsp;&nbsp;&nbsp; Dorian LPG Ltd  | 858 | 18 |
| &nbsp;&nbsp;&nbsp; DT Midstream Inc  | 2816 | 295 |
| &nbsp;&nbsp;&nbsp; Encore Energy Corp <sup>\*</sup> | 8840 | 18 |
| &nbsp;&nbsp;&nbsp; Energy Fuels Inc/Canada <sup>\*</sup> | 6451 | 32 |
| &nbsp;&nbsp;&nbsp; EOG Resources Inc  | 16939 | 1839 |
| &nbsp;&nbsp;&nbsp; EQT Corp  | 17949 | 990 |
| &nbsp;&nbsp;&nbsp; Excelerate Energy Inc, Cl A  | 166 | 5 |
| &nbsp;&nbsp;&nbsp; Expro Group Holdings NV <sup>\*</sup> | 1878 | 16 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp (D) | 137082 | 14023 |
| &nbsp;&nbsp;&nbsp; FLEX LNG Ltd  | 871 | 21 |
| &nbsp;&nbsp;&nbsp; Golar LNG Ltd  | 2683 | 110 |
| &nbsp;&nbsp;&nbsp; Green Plains Inc <sup>\*</sup> | 2152 | 9 |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Corp <sup>\*</sup> | 384 | 74 |
| &nbsp;&nbsp;&nbsp; Halliburton Co  | 24524 | 480 |
| &nbsp;&nbsp;&nbsp; Helix Energy Solutions Group Inc <sup>\*</sup> | 6039 | 37 |
| &nbsp;&nbsp;&nbsp; Helmerich & Payne Inc  | 2670 | 41 |
| &nbsp;&nbsp;&nbsp; Hess Corp  | 8536 | 1128 |
| &nbsp;&nbsp;&nbsp; HF Sinclair Corp  | 6274 | 227 |
| &nbsp;&nbsp;&nbsp; Innovex International Inc <sup>\*</sup> | 1494 | 21 |
| &nbsp;&nbsp;&nbsp; International Seaways Inc  | 1220 | 45 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan Inc  | 60685 | 1702 |
| &nbsp;&nbsp;&nbsp; Kinetik Holdings Inc, Cl A  | 995 | 44 |
| &nbsp;&nbsp;&nbsp; Kodiak Gas Services Inc  | 1132 | 40 |
| &nbsp;&nbsp;&nbsp; Kosmos Energy Ltd <sup>\*</sup> | 14422 | 24 |
| &nbsp;&nbsp;&nbsp; Liberty Energy Inc, Cl A  | 4166 | 48 |
| &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Corp, Cl A  | 4851 | 104 |
| &nbsp;&nbsp;&nbsp; Marathon Petroleum Corp (D) | 9840 | 1582 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co  | 3350 | 144 |
| &nbsp;&nbsp;&nbsp; Murphy Oil Corp  | 4040 | 85 |
| &nbsp;&nbsp;&nbsp; Nabors Industries Ltd <sup>\*</sup> | 440 | 11 |
| &nbsp;&nbsp;&nbsp; New Fortress Energy Inc, Cl A  | 2545 | 6 |
| &nbsp;&nbsp;&nbsp; NextDecade Corp <sup>\*</sup> | 4583 | 38 |
| &nbsp;&nbsp;&nbsp; Noble Corp PLC  | 3817 | 95 |
| &nbsp;&nbsp;&nbsp; Nordic American Tankers Ltd  | 8650 | 23 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas Inc  | 2512 | 67 |
| &nbsp;&nbsp;&nbsp; NOV Inc  | 10042 | 120 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp  | 21799 | 889 |
| &nbsp;&nbsp;&nbsp; Oceaneering International Inc <sup>\*</sup> | 2489 | 47 |
| &nbsp;&nbsp;&nbsp; ONEOK Inc  | 20079 | 1623 |
| &nbsp;&nbsp;&nbsp; Ovintiv Inc  | 8673 | 311 |
| &nbsp;&nbsp;&nbsp; Par Pacific Holdings Inc <sup>\*</sup> | 1423 | 31 |
| &nbsp;&nbsp;&nbsp; Patterson-UTI Energy Inc  | 23278 | 128 |
| &nbsp;&nbsp;&nbsp; PBF Energy Inc, Cl A  | 2798 | 53 |
| &nbsp;&nbsp;&nbsp; Peabody Energy Corp  | 4022 | 53 |
| &nbsp;&nbsp;&nbsp; Permian Resources Corp, Cl A  | 22400 | 282 |
| &nbsp;&nbsp;&nbsp; Phillips 66  | 12931 | 1467 |
| &nbsp;&nbsp;&nbsp; ProPetro Holding Corp <sup>\*</sup> | 2710 | 15 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Range Resources Corp  | 7012 | $267 |
| &nbsp;&nbsp;&nbsp; REX American Resources Corp <sup>\*</sup> | 440 | 19 |
| &nbsp;&nbsp;&nbsp; RPC Inc  | 4932 | 22 |
| &nbsp;&nbsp;&nbsp; Sable Offshore Corp <sup>\*</sup> | 1159 | 33 |
| &nbsp;&nbsp;&nbsp; Schlumberger NV  | 43996 | 1454 |
| &nbsp;&nbsp;&nbsp; Scorpio Tankers Inc  | 1208 | 48 |
| &nbsp;&nbsp;&nbsp; Seadrill Ltd <sup>\*</sup> | 2025 | 47 |
| &nbsp;&nbsp;&nbsp; Select Water Solutions Inc, Cl A  | 3203 | 26 |
| &nbsp;&nbsp;&nbsp; SFL Corp Ltd, Cl B  | 4416 | 38 |
| &nbsp;&nbsp;&nbsp; Sitio Royalties Corp, Cl A  | 3914 | 67 |
| &nbsp;&nbsp;&nbsp; SM Energy Co  | 5553 | 130 |
| &nbsp;&nbsp;&nbsp; Solaris Energy Infrastructure Inc, Cl A  | 648 | 18 |
| &nbsp;&nbsp;&nbsp; Talos Energy Inc <sup>\*</sup> | 3994 | 32 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp  | 6911 | 1091 |
| &nbsp;&nbsp;&nbsp; TechnipFMC PLC  | 11305 | 352 |
| &nbsp;&nbsp;&nbsp; Teekay Tankers Ltd, Cl A  | 521 | 23 |
| &nbsp;&nbsp;&nbsp; TETRA Technologies Inc <sup>\*</sup> | 9008 | 24 |
| &nbsp;&nbsp;&nbsp; Texas Pacific Land Corp  | 609 | 678 |
| &nbsp;&nbsp;&nbsp; Tidewater Inc <sup>\*</sup> | 1266 | 50 |
| &nbsp;&nbsp;&nbsp; Transocean Ltd <sup>\*</sup> | 19394 | 48 |
| &nbsp;&nbsp;&nbsp; Uranium Energy Corp <sup>\*</sup> | 9689 | 57 |
| &nbsp;&nbsp;&nbsp; VAALCO Energy Inc  | 5541 | 18 |
| &nbsp;&nbsp;&nbsp; Valaris Ltd <sup>\*</sup> | 1441 | 54 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp (D) | 9652 | 1245 |
| &nbsp;&nbsp;&nbsp; Viper Energy Inc, Cl A  | 3617 | 144 |
| &nbsp;&nbsp;&nbsp; Vitesse Energy Inc  | 1178 | 25 |
| &nbsp;&nbsp;&nbsp; Weatherford International PLC  | 1934 | 84 |
| &nbsp;&nbsp;&nbsp; Williams Cos Inc/The  | 37422 | 2264 |
| &nbsp;&nbsp;&nbsp; World Kinect Corp  | 1633 | 45 |
|  |  | 54991 |
| **Health Care — 5.3%** | **Health Care — 5.3%** |  |
| &nbsp;&nbsp;&nbsp; 10X Genomics Inc, Cl A <sup>\*</sup> | 1298 | 12 |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories  | 13084 | 1748 |
| &nbsp;&nbsp;&nbsp; AbbVie Inc  | 13412 | 2496 |
| &nbsp;&nbsp;&nbsp; ACADIA Pharmaceuticals Inc <sup>\*</sup> | 1940 | 42 |
| &nbsp;&nbsp;&nbsp; Addus HomeCare Corp <sup>\*</sup> | 242 | 27 |
| &nbsp;&nbsp;&nbsp; ADMA Biologics Inc <sup>\*</sup> | 2255 | 45 |
| &nbsp;&nbsp;&nbsp; Agilent Technologies Inc  | 2326 | 260 |
| &nbsp;&nbsp;&nbsp; Agios Pharmaceuticals Inc <sup>\*</sup> | 229 | 7 |
| &nbsp;&nbsp;&nbsp; Akero Therapeutics Inc <sup>\*</sup> | 628 | 31 |
| &nbsp;&nbsp;&nbsp; Align Technology Inc <sup>\*</sup> | 579 | 105 |
| &nbsp;&nbsp;&nbsp; Alkermes PLC <sup>\*</sup> | 1229 | 38 |
| &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals Inc <sup>\*</sup> | 1038 | 316 |
| &nbsp;&nbsp;&nbsp; Amedisys Inc <sup>\*</sup> | 307 | 29 |
| &nbsp;&nbsp;&nbsp; Amgen Inc (D) | 4000 | 1153 |
| &nbsp;&nbsp;&nbsp; Amicus Therapeutics Inc <sup>\*</sup> | 2796 | 17 |
| &nbsp;&nbsp;&nbsp; AMN Healthcare Services Inc <sup>\*</sup> | 384 | 8 |
| &nbsp;&nbsp;&nbsp; Amphastar Pharmaceuticals Inc <sup>\*</sup> | 518 | 13 |
| &nbsp;&nbsp;&nbsp; Apellis Pharmaceuticals Inc <sup>\*</sup> | 992 | 17 |
| &nbsp;&nbsp;&nbsp; Apogee Therapeutics Inc <sup>\*</sup> | 633 | 23 |
| &nbsp;&nbsp;&nbsp; Arcellx Inc <sup>\*</sup> | 468 | 29 |
| &nbsp;&nbsp;&nbsp; Arrowhead Pharmaceuticals Inc <sup>\*</sup> | 1007 | 16 |
| &nbsp;&nbsp;&nbsp; Astrana Health Inc <sup>\*</sup> | 107 | 3 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Avantor Inc <sup>\*</sup> | 4642 | $60 |
| &nbsp;&nbsp;&nbsp; Avidity Biosciences Inc <sup>\*</sup> | 998 | 31 |
| &nbsp;&nbsp;&nbsp; Axsome Therapeutics Inc <sup>\*</sup> | 335 | 35 |
| &nbsp;&nbsp;&nbsp; Azenta Inc <sup>\*</sup> | 455 | 12 |
| &nbsp;&nbsp;&nbsp; Baxter International Inc (D) | 3823 | 117 |
| &nbsp;&nbsp;&nbsp; Beam Therapeutics Inc <sup>\*</sup> | 43 | 1 |
| &nbsp;&nbsp;&nbsp; Becton Dickinson & Co  | 2171 | 375 |
| &nbsp;&nbsp;&nbsp; Biogen Inc <sup>\*</sup> | 1708 | 222 |
| &nbsp;&nbsp;&nbsp; BioMarin Pharmaceutical Inc <sup>\*</sup> | 1238 | 72 |
| &nbsp;&nbsp;&nbsp; Bio-Rad Laboratories Inc, Cl A <sup>\*</sup> | 109 | 25 |
| &nbsp;&nbsp;&nbsp; Bio-Techne Corp  | 1241 | 60 |
| &nbsp;&nbsp;&nbsp; Blueprint Medicines Corp <sup>\*</sup> | 574 | 58 |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp <sup>\*</sup> | 11358 | 1196 |
| &nbsp;&nbsp;&nbsp; Bridgebio Pharma Inc <sup>\*</sup> | 1239 | 42 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co  | 14951 | 722 |
| &nbsp;&nbsp;&nbsp; Bruker Corp  | 555 | 20 |
| &nbsp;&nbsp;&nbsp; Cardinal Health Inc  | 1745 | 269 |
| &nbsp;&nbsp;&nbsp; Catalyst Pharmaceuticals Inc <sup>\*</sup> | 1618 | 40 |
| &nbsp;&nbsp;&nbsp; Celldex Therapeutics Inc <sup>\*</sup> | 792 | 16 |
| &nbsp;&nbsp;&nbsp; Cencora Inc  | 1304 | 380 |
| &nbsp;&nbsp;&nbsp; Centene Corp <sup>\*</sup> | 3593 | 203 |
| &nbsp;&nbsp;&nbsp; Certara Inc <sup>\*</sup> | 1670 | 19 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International Inc <sup>\*</sup> | 423 | 57 |
| &nbsp;&nbsp;&nbsp; Chemed Corp  | 87 | 50 |
| &nbsp;&nbsp;&nbsp; Cigna Group/The  | 1992 | 631 |
| &nbsp;&nbsp;&nbsp; Concentra Group Holdings Parent Inc  | 902 | 20 |
| &nbsp;&nbsp;&nbsp; CONMED Corp  | 440 | 25 |
| &nbsp;&nbsp;&nbsp; Cooper Cos Inc/The <sup>\*</sup> | 1371 | 94 |
| &nbsp;&nbsp;&nbsp; Corcept Therapeutics Inc <sup>\*</sup> | 407 | 32 |
| &nbsp;&nbsp;&nbsp; CorVel Corp <sup>\*</sup> | 300 | 33 |
| &nbsp;&nbsp;&nbsp; Crinetics Pharmaceuticals Inc <sup>\*</sup> | 769 | 23 |
| &nbsp;&nbsp;&nbsp; CVS Health Corp  | 9407 | 602 |
| &nbsp;&nbsp;&nbsp; Cytokinetics Inc <sup>\*</sup> | 1026 | 32 |
| &nbsp;&nbsp;&nbsp; Danaher Corp  | 4890 | 929 |
| &nbsp;&nbsp;&nbsp; DaVita Inc <sup>\*</sup> | 377 | 51 |
| &nbsp;&nbsp;&nbsp; Denali Therapeutics Inc <sup>\*</sup> | 1280 | 17 |
| &nbsp;&nbsp;&nbsp; Dentsply Sirona Inc  | 1927 | 31 |
| &nbsp;&nbsp;&nbsp; Dexcom Inc <sup>\*</sup> | 2768 | 237 |
| &nbsp;&nbsp;&nbsp; Doximity Inc, Cl A <sup>\*</sup> | 796 | 41 |
| &nbsp;&nbsp;&nbsp; Dynavax Technologies Corp, Cl A <sup>\*</sup> | 1968 | 19 |
| &nbsp;&nbsp;&nbsp; Dyne Therapeutics Inc <sup>\*</sup> | 769 | 9 |
| &nbsp;&nbsp;&nbsp; Edwards Lifesciences Corp <sup>\*</sup> | 4271 | 334 |
| &nbsp;&nbsp;&nbsp; Elanco Animal Health Inc <sup>\*</sup> | 4345 | 58 |
| &nbsp;&nbsp;&nbsp; Elevance Health Inc  | 1701 | 653 |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co  | 5951 | 4390 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp  | 724 | 88 |
| &nbsp;&nbsp;&nbsp; Enovis Corp <sup>\*</sup> | 714 | 22 |
| &nbsp;&nbsp;&nbsp; Ensign Group Inc/The  | 457 | 67 |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp <sup>\*</sup> | 1835 | 34 |
| &nbsp;&nbsp;&nbsp; Exact Sciences Corp <sup>\*</sup> | 1120 | 63 |
| &nbsp;&nbsp;&nbsp; Exelixis Inc <sup>\*</sup> | 1690 | 73 |
| &nbsp;&nbsp;&nbsp; Fortrea Holdings Inc <sup>\*</sup> | 800 | 3 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; GE HealthCare Technologies Inc  | 3194 | $225 |
| &nbsp;&nbsp;&nbsp; Geron Corp <sup>\*</sup> | 6774 | 10 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences Inc (D) | 9065 | 998 |
| &nbsp;&nbsp;&nbsp; Glaukos Corp <sup>\*</sup> | 414 | 39 |
| &nbsp;&nbsp;&nbsp; Globus Medical Inc, Cl A <sup>\*</sup> | 913 | 54 |
| &nbsp;&nbsp;&nbsp; Guardant Health Inc <sup>\*</sup> | 1235 | 50 |
| &nbsp;&nbsp;&nbsp; Haemonetics Corp <sup>\*</sup> | 263 | 18 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics Inc <sup>\*</sup> | 1002 | 56 |
| &nbsp;&nbsp;&nbsp; HCA Healthcare Inc  | 1395 | 532 |
| &nbsp;&nbsp;&nbsp; HealthEquity Inc <sup>\*</sup> | 1154 | 116 |
| &nbsp;&nbsp;&nbsp; Henry Schein Inc <sup>\*</sup> | 1270 | 89 |
| &nbsp;&nbsp;&nbsp; Hims & Hers Health Inc <sup>\*</sup> | 1212 | 69 |
| &nbsp;&nbsp;&nbsp; Hologic Inc <sup>\*</sup> | 1744 | 108 |
| &nbsp;&nbsp;&nbsp; Humana Inc  | 906 | 211 |
| &nbsp;&nbsp;&nbsp; ICU Medical Inc <sup>\*</sup> | 216 | 29 |
| &nbsp;&nbsp;&nbsp; Ideaya Biosciences Inc <sup>\*</sup> | 1035 | 21 |
| &nbsp;&nbsp;&nbsp; IDEXX Laboratories Inc <sup>\*</sup> | 574 | 295 |
| &nbsp;&nbsp;&nbsp; Illumina Inc <sup>\*</sup> | 1220 | 100 |
| &nbsp;&nbsp;&nbsp; Incyte Corp <sup>\*</sup> | 1271 | 83 |
| &nbsp;&nbsp;&nbsp; Insmed Inc <sup>\*</sup> | 1446 | 101 |
| &nbsp;&nbsp;&nbsp; Inspire Medical Systems Inc <sup>\*</sup> | 203 | 28 |
| &nbsp;&nbsp;&nbsp; Insulet Corp <sup>\*</sup> | 523 | 170 |
| &nbsp;&nbsp;&nbsp; Integer Holdings Corp <sup>\*</sup> | 208 | 25 |
| &nbsp;&nbsp;&nbsp; Integra LifeSciences Holdings Corp <sup>\*</sup> | 764 | 10 |
| &nbsp;&nbsp;&nbsp; Intellia Therapeutics Inc <sup>\*</sup> | 1368 | 9 |
| &nbsp;&nbsp;&nbsp; Intuitive Surgical Inc <sup>\*</sup> | 2647 | 1462 |
| &nbsp;&nbsp;&nbsp; Ionis Pharmaceuticals Inc <sup>\*</sup> | 1251 | 42 |
| &nbsp;&nbsp;&nbsp; Iovance Biotherapeutics Inc <sup>\*</sup> | 2165 | 4 |
| &nbsp;&nbsp;&nbsp; IQVIA Holdings Inc <sup>\*</sup> | 1703 | 239 |
| &nbsp;&nbsp;&nbsp; iRhythm Technologies Inc <sup>\*</sup> | 208 | 29 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals PLC <sup>\*</sup> | 330 | 36 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson  | 17984 | 2791 |
| &nbsp;&nbsp;&nbsp; Krystal Biotech Inc <sup>\*</sup> | 207 | 26 |
| &nbsp;&nbsp;&nbsp; Kymera Therapeutics Inc <sup>\*</sup> | 665 | 20 |
| &nbsp;&nbsp;&nbsp; Labcorp Holdings Inc  | 652 | 162 |
| &nbsp;&nbsp;&nbsp; Lantheus Holdings Inc <sup>\*</sup> | 349 | 26 |
| &nbsp;&nbsp;&nbsp; LeMaitre Vascular Inc  | 263 | 22 |
| &nbsp;&nbsp;&nbsp; Ligand Pharmaceuticals Inc <sup>\*</sup> | 253 | 26 |
| &nbsp;&nbsp;&nbsp; LivaNova PLC <sup>\*</sup> | 534 | 23 |
| &nbsp;&nbsp;&nbsp; Madrigal Pharmaceuticals Inc <sup>\*</sup> | 114 | 31 |
| &nbsp;&nbsp;&nbsp; Masimo Corp <sup>\*</sup> | 264 | 43 |
| &nbsp;&nbsp;&nbsp; McKesson Corp  | 924 | 665 |
| &nbsp;&nbsp;&nbsp; Medpace Holdings Inc <sup>\*</sup> | 203 | 60 |
| &nbsp;&nbsp;&nbsp; Medtronic PLC  | 9193 | 763 |
| &nbsp;&nbsp;&nbsp; Merck & Co Inc  | 19085 | 1466 |
| &nbsp;&nbsp;&nbsp; Merit Medical Systems Inc <sup>\*</sup> | 333 | 32 |
| &nbsp;&nbsp;&nbsp; Mettler-Toledo International Inc <sup>\*</sup> | 142 | 164 |
| &nbsp;&nbsp;&nbsp; Moderna Inc <sup>\*</sup> | 2118 | 56 |
| &nbsp;&nbsp;&nbsp; Molina Healthcare Inc <sup>\*</sup> | 385 | 117 |
| &nbsp;&nbsp;&nbsp; Myriad Genetics Inc <sup>\*</sup> | 1136 | 5 |
| &nbsp;&nbsp;&nbsp; Natera Inc <sup>\*</sup> | 842 | 133 |
| &nbsp;&nbsp;&nbsp; NeoGenomics Inc <sup>\*</sup> | 999 | 7 |
| &nbsp;&nbsp;&nbsp; Neurocrine Biosciences Inc <sup>\*</sup> | 729 | 90 |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Multi-Asset Real Return Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Novocure Ltd <sup>\*</sup> | 401 | $8 |
| &nbsp;&nbsp;&nbsp; Nuvalent Inc, Cl A <sup>\*</sup> | 378 | 28 |
| &nbsp;&nbsp;&nbsp; Option Care Health Inc <sup>\*</sup> | 858 | 28 |
| &nbsp;&nbsp;&nbsp; Organon & Co  | 2315 | 21 |
| &nbsp;&nbsp;&nbsp; Penumbra Inc <sup>\*</sup> | 248 | 66 |
| &nbsp;&nbsp;&nbsp; Perrigo Co PLC  | 1200 | 32 |
| &nbsp;&nbsp;&nbsp; Pfizer Inc  | 42381 | 996 |
| &nbsp;&nbsp;&nbsp; Premier Inc, Cl A  | 3912 | 90 |
| &nbsp;&nbsp;&nbsp; Prestige Consumer Healthcare Inc <sup>\*</sup> | 385 | 33 |
| &nbsp;&nbsp;&nbsp; Privia Health Group Inc <sup>\*</sup> | 1305 | 30 |
| &nbsp;&nbsp;&nbsp; PROCEPT BioRobotics Corp <sup>\*</sup> | 175 | 10 |
| &nbsp;&nbsp;&nbsp; Progyny Inc <sup>\*</sup> | 1026 | 22 |
| &nbsp;&nbsp;&nbsp; Protagonist Therapeutics Inc <sup>\*</sup> | 750 | 36 |
| &nbsp;&nbsp;&nbsp; PTC Therapeutics Inc <sup>\*</sup> | 720 | 35 |
| &nbsp;&nbsp;&nbsp; QIAGEN NV  | 1570 | 71 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics Inc  | 862 | 149 |
| &nbsp;&nbsp;&nbsp; QuidelOrtho Corp <sup>\*</sup> | 663 | 20 |
| &nbsp;&nbsp;&nbsp; RadNet Inc <sup>\*</sup> | 508 | 29 |
| &nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals Inc  | 821 | 403 |
| &nbsp;&nbsp;&nbsp; Repligen Corp <sup>\*</sup> | 352 | 42 |
| &nbsp;&nbsp;&nbsp; ResMed Inc  | 1111 | 272 |
| &nbsp;&nbsp;&nbsp; REVOLUTION Medicines Inc <sup>\*</sup> | 1202 | 47 |
| &nbsp;&nbsp;&nbsp; Revvity Inc  | 811 | 73 |
| &nbsp;&nbsp;&nbsp; Rhythm Pharmaceuticals Inc <sup>\*</sup> | 1072 | 66 |
| &nbsp;&nbsp;&nbsp; Roivant Sciences Ltd <sup>\*</sup> | 2796 | 31 |
| &nbsp;&nbsp;&nbsp; Royalty Pharma PLC, Cl A  | 2375 | 78 |
| &nbsp;&nbsp;&nbsp; Sarepta Therapeutics Inc <sup>\*</sup> | 614 | 23 |
| &nbsp;&nbsp;&nbsp; Scholar Rock Holding Corp <sup>\*</sup> | 705 | 20 |
| &nbsp;&nbsp;&nbsp; Select Medical Holdings Corp  | 1118 | 17 |
| &nbsp;&nbsp;&nbsp; Solventum Corp <sup>\*</sup> | 1177 | 86 |
| &nbsp;&nbsp;&nbsp; Sotera Health Co <sup>\*</sup> | 1761 | 22 |
| &nbsp;&nbsp;&nbsp; SpringWorks Therapeutics Inc <sup>\*</sup> | 519 | 24 |
| &nbsp;&nbsp;&nbsp; STAAR Surgical Co <sup>\*</sup> | 652 | 12 |
| &nbsp;&nbsp;&nbsp; STERIS PLC  | 797 | 195 |
| &nbsp;&nbsp;&nbsp; Stryker Corp  | 2657 | 1017 |
| &nbsp;&nbsp;&nbsp; Supernus Pharmaceuticals Inc <sup>\*</sup> | 1752 | 56 |
| &nbsp;&nbsp;&nbsp; Surgery Partners Inc <sup>\*</sup> | 1007 | 24 |
| &nbsp;&nbsp;&nbsp; Syndax Pharmaceuticals Inc <sup>\*</sup> | 134 | 1 |
| &nbsp;&nbsp;&nbsp; Tandem Diabetes Care Inc <sup>\*</sup> | 721 | 14 |
| &nbsp;&nbsp;&nbsp; Teladoc Health Inc <sup>\*</sup> | 1526 | 11 |
| &nbsp;&nbsp;&nbsp; Teleflex Inc  | 341 | 42 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp <sup>\*</sup> | 700 | 118 |
| &nbsp;&nbsp;&nbsp; TG Therapeutics Inc <sup>\*</sup> | 925 | 32 |
| &nbsp;&nbsp;&nbsp; Thermo Fisher Scientific Inc  | 2887 | 1163 |
| &nbsp;&nbsp;&nbsp; TransMedics Group Inc <sup>\*</sup> | 126 | 16 |
| &nbsp;&nbsp;&nbsp; Twist Bioscience Corp <sup>\*</sup> | 246 | 7 |
| &nbsp;&nbsp;&nbsp; UFP Technologies Inc <sup>\*</sup> | 94 | 22 |
| &nbsp;&nbsp;&nbsp; Ultragenyx Pharmaceutical Inc <sup>\*</sup> | 748 | 25 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp <sup>\*</sup> | 327 | 104 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc (D) | 6979 | 2107 |
| &nbsp;&nbsp;&nbsp; Universal Health Services Inc, Cl B  | 350 | 67 |
| &nbsp;&nbsp;&nbsp; Vaxcyte Inc <sup>\*</sup> | 2652 | 86 |
| &nbsp;&nbsp;&nbsp; Veeva Systems Inc, Cl A <sup>\*</sup> | 1088 | 304 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Veracyte Inc <sup>\*</sup> | 280 | $7 |
| &nbsp;&nbsp;&nbsp; Vericel Corp <sup>\*</sup> | 606 | 25 |
| &nbsp;&nbsp;&nbsp; Vertex Pharmaceuticals Inc <sup>\*</sup> | 2004 | 886 |
| &nbsp;&nbsp;&nbsp; Viatris Inc  | 7493 | 66 |
| &nbsp;&nbsp;&nbsp; Viking Therapeutics Inc <sup>\*</sup> | 743 | 20 |
| &nbsp;&nbsp;&nbsp; Waters Corp <sup>\*</sup> | 399 | 139 |
| &nbsp;&nbsp;&nbsp; Waystar Holding Corp <sup>\*</sup> | 769 | 31 |
| &nbsp;&nbsp;&nbsp; West Pharmaceutical Services Inc  | 733 | 155 |
| &nbsp;&nbsp;&nbsp; Zimmer Biomet Holdings Inc  | 1462 | 135 |
| &nbsp;&nbsp;&nbsp; Zoetis Inc, Cl A  | 3278 | 553 |
|  |  | 41462 |
| **Industrials — 0.0%** | **Industrials — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; BROOKFIELD INFRASTRUCTURE-A, Cl A  | 720 | 28 |
| **Information Technology — 2.2%** | **Information Technology — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; Accenture PLC, Cl A  | 1589 | 503 |
| &nbsp;&nbsp;&nbsp; Adobe Inc <sup>\*</sup> | 1080 | 448 |
| &nbsp;&nbsp;&nbsp; Akamai Technologies Inc <sup>\*</sup> | 269 | 20 |
| &nbsp;&nbsp;&nbsp; Amdocs Ltd  | 325 | 30 |
| &nbsp;&nbsp;&nbsp; ANSYS Inc <sup>\*</sup> | 226 | 75 |
| &nbsp;&nbsp;&nbsp; AppLovin Corp, Cl A <sup>\*</sup> | 698 | 274 |
| &nbsp;&nbsp;&nbsp; Atlassian Corp, Cl A <sup>\*</sup> | 499 | 104 |
| &nbsp;&nbsp;&nbsp; Aurora Innovation Inc, Cl A <sup>\*</sup> | 1779 | 11 |
| &nbsp;&nbsp;&nbsp; Autodesk Inc <sup>\*</sup> | 532 | 158 |
| &nbsp;&nbsp;&nbsp; BILL Holdings Inc <sup>\*</sup> | 323 | 14 |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems Inc <sup>\*</sup> | 768 | 220 |
| &nbsp;&nbsp;&nbsp; Cloudflare Inc, Cl A <sup>\*</sup> | 751 | 125 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp, Cl A  | 1340 | 109 |
| &nbsp;&nbsp;&nbsp; CommVault Systems Inc <sup>\*</sup> | 43 | 8 |
| &nbsp;&nbsp;&nbsp; Confluent Inc, Cl A <sup>\*</sup> | 828 | 19 |
| &nbsp;&nbsp;&nbsp; Crowdstrike Holdings Inc, Cl A <sup>\*</sup> | 552 | 260 |
| &nbsp;&nbsp;&nbsp; Datadog Inc, Cl A <sup>\*</sup> | 794 | 94 |
| &nbsp;&nbsp;&nbsp; DocuSign Inc, Cl A <sup>\*</sup> | 369 | 33 |
| &nbsp;&nbsp;&nbsp; Dropbox Inc, Cl A <sup>\*</sup> | 129 | 4 |
| &nbsp;&nbsp;&nbsp; Dynatrace Inc <sup>\*</sup> | 887 | 48 |
| &nbsp;&nbsp;&nbsp; Elastic NV <sup>\*</sup> | 325 | 26 |
| &nbsp;&nbsp;&nbsp; EPAM Systems Inc <sup>\*</sup> | 189 | 33 |
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp <sup>\*</sup> | 63 | 109 |
| &nbsp;&nbsp;&nbsp; Fortinet Inc <sup>\*</sup> | 1596 | 162 |
| &nbsp;&nbsp;&nbsp; Gartner Inc <sup>\*</sup> | 182 | 79 |
| &nbsp;&nbsp;&nbsp; Gen Digital Inc  | 1464 | 42 |
| &nbsp;&nbsp;&nbsp; Gitlab Inc, Cl A <sup>\*</sup> | 110 | 5 |
| &nbsp;&nbsp;&nbsp; GoDaddy Inc, Cl A <sup>\*</sup> | 314 | 57 |
| &nbsp;&nbsp;&nbsp; Guidewire Software Inc <sup>\*</sup> | 193 | 41 |
| &nbsp;&nbsp;&nbsp; HubSpot Inc <sup>\*</sup> | 124 | 73 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp  | 2283 | 591 |
| &nbsp;&nbsp;&nbsp; Intuit Inc  | 654 | 493 |
| &nbsp;&nbsp;&nbsp; Kyndryl Holdings Inc <sup>\*</sup> | 441 | 17 |
| &nbsp;&nbsp;&nbsp; Manhattan Associates Inc <sup>\*</sup> | 171 | 32 |
| &nbsp;&nbsp;&nbsp; MARA Holdings Inc <sup>\*</sup> | 1540 | 22 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp (D) | 18321 | 8434 |
| &nbsp;&nbsp;&nbsp; MicroStrategy Inc, Cl A <sup>\*</sup> | 643 | 237 |
| &nbsp;&nbsp;&nbsp; MongoDB Inc, Cl A <sup>\*</sup> | 171 | 32 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Nutanix Inc, Cl A <sup>\*</sup> | 491 | $38 |
| &nbsp;&nbsp;&nbsp; Okta Inc, Cl A <sup>\*</sup> | 355 | 37 |
| &nbsp;&nbsp;&nbsp; Oracle Corp  | 4118 | 682 |
| &nbsp;&nbsp;&nbsp; Palantir Technologies Inc, Cl A <sup>\*</sup> | 5228 | 689 |
| &nbsp;&nbsp;&nbsp; Palo Alto Networks Inc <sup>\*</sup> | 1725 | 332 |
| &nbsp;&nbsp;&nbsp; PTC Inc <sup>\*</sup> | 318 | 53 |
| &nbsp;&nbsp;&nbsp; Qualys Inc <sup>\*</sup> | 156 | 22 |
| &nbsp;&nbsp;&nbsp; Roper Technologies Inc  | 233 | 133 |
| &nbsp;&nbsp;&nbsp; Salesforce Inc  | 2391 | 634 |
| &nbsp;&nbsp;&nbsp; SentinelOne Inc, Cl A <sup>\*</sup> | 227 | 4 |
| &nbsp;&nbsp;&nbsp; ServiceNow Inc <sup>\*</sup> | 540 | 546 |
| &nbsp;&nbsp;&nbsp; Snowflake Inc, Cl A <sup>\*</sup> | 1085 | 223 |
| &nbsp;&nbsp;&nbsp; Synopsys Inc <sup>\*</sup> | 458 | 212 |
| &nbsp;&nbsp;&nbsp; Twilio Inc, Cl A <sup>\*</sup> | 281 | 33 |
| &nbsp;&nbsp;&nbsp; Tyler Technologies Inc <sup>\*</sup> | 98 | 57 |
| &nbsp;&nbsp;&nbsp; UiPath Inc, Cl A <sup>\*</sup> | 2002 | 27 |
| &nbsp;&nbsp;&nbsp; Unity Software Inc <sup>\*</sup> | 978 | 25 |
| &nbsp;&nbsp;&nbsp; Varonis Systems Inc, Cl B <sup>\*</sup> | 569 | 27 |
| &nbsp;&nbsp;&nbsp; VeriSign Inc  | 212 | 58 |
| &nbsp;&nbsp;&nbsp; Workday Inc, Cl A <sup>\*</sup> | 523 | 130 |
| &nbsp;&nbsp;&nbsp; Zoom Video Communications Inc, Cl A <sup>\*</sup> | 745 | 61 |
| &nbsp;&nbsp;&nbsp; Zscaler Inc <sup>\*</sup> | 250 | 69 |
|  |  | 17134 |
| **Real Estate — 2.9%** | **Real Estate — 2.9%** |  |
| &nbsp;&nbsp;&nbsp; Acadia Realty Trust <sup>‡</sup> | 1420 | 27 |
| &nbsp;&nbsp;&nbsp; Agree Realty Corp <sup>‡</sup> | 1661 | 125 |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate Equities Inc <sup>‡</sup> | 2620 | 184 |
| &nbsp;&nbsp;&nbsp; American Assets Trust Inc <sup>‡</sup> | 1452 | 29 |
| &nbsp;&nbsp;&nbsp; American Healthcare REIT Inc <sup>‡</sup> | 2732 | 95 |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent, Cl A <sup>‡</sup> | 4800 | 182 |
| &nbsp;&nbsp;&nbsp; American Tower Corp, Cl A <sup>‡</sup> | 7066 | 1517 |
| &nbsp;&nbsp;&nbsp; Americold Realty Trust Inc <sup>‡</sup> | 7440 | 123 |
| &nbsp;&nbsp;&nbsp; Apple Hospitality REIT Inc <sup>‡</sup> | 2807 | 33 |
| &nbsp;&nbsp;&nbsp; Armada Hoffler Properties Inc <sup>‡</sup> | 1769 | 12 |
| &nbsp;&nbsp;&nbsp; AvalonBay Communities Inc <sup>‡</sup> | 2070 | 428 |
| &nbsp;&nbsp;&nbsp; Brixmor Property Group Inc <sup>‡</sup> | 4337 | 110 |
| &nbsp;&nbsp;&nbsp; Broadstone Net Lease Inc, Cl A <sup>‡</sup> | 2229 | 35 |
| &nbsp;&nbsp;&nbsp; BXP Inc <sup>‡</sup> | 3242 | 218 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust <sup>‡</sup> | 1630 | 191 |
| &nbsp;&nbsp;&nbsp; CareTrust REIT Inc <sup>‡</sup> | 2576 | 74 |
| &nbsp;&nbsp;&nbsp; CBRE Group Inc, Cl A <sup>\*</sup> | 4760 | 595 |
| &nbsp;&nbsp;&nbsp; Centerspace <sup>‡</sup> | 430 | 27 |
| &nbsp;&nbsp;&nbsp; Compass Inc, Cl A <sup>\*</sup> | 4431 | 26 |
| &nbsp;&nbsp;&nbsp; COPT Defense Properties <sup>‡</sup> | 1824 | 50 |
| &nbsp;&nbsp;&nbsp; CoStar Group Inc <sup>\*</sup> | 7076 | 520 |
| &nbsp;&nbsp;&nbsp; Cousins Properties Inc <sup>‡</sup> | 2767 | 78 |
| &nbsp;&nbsp;&nbsp; Crown Castle Inc <sup>‡</sup> | 6804 | 683 |
| &nbsp;&nbsp;&nbsp; CubeSmart <sup>‡</sup> | 3212 | 137 |
| &nbsp;&nbsp;&nbsp; Curbline Properties Corp <sup>‡</sup> | 1744 | 40 |
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield PLC <sup>\*</sup> | 4153 | 42 |
| &nbsp;&nbsp;&nbsp; DiamondRock Hospitality Co <sup>‡</sup> | 4058 | 31 |
| &nbsp;&nbsp;&nbsp; Digital Realty Trust Inc <sup>‡</sup> | 5106 | 876 |
| &nbsp;&nbsp;&nbsp; Douglas Emmett Inc <sup>‡</sup> | 2945 | 42 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; EastGroup Properties Inc <sup>‡</sup> | 770 | $131 |
| &nbsp;&nbsp;&nbsp; Elme Communities <sup>‡</sup> | 833 | 13 |
| &nbsp;&nbsp;&nbsp; Empire State Realty Trust Inc, Cl A <sup>‡</sup> | 2829 | 22 |
| &nbsp;&nbsp;&nbsp; EPR Properties <sup>‡</sup> | 884 | 49 |
| &nbsp;&nbsp;&nbsp; Equinix Inc <sup>‡</sup> | 1451 | 1290 |
| &nbsp;&nbsp;&nbsp; Equity LifeStyle Properties Inc <sup>‡</sup> | 2997 | 191 |
| &nbsp;&nbsp;&nbsp; Equity Residential <sup>‡</sup> | 5948 | 417 |
| &nbsp;&nbsp;&nbsp; Essential Properties Realty Trust Inc <sup>‡</sup> | 2294 | 75 |
| &nbsp;&nbsp;&nbsp; Essex Property Trust Inc <sup>‡</sup> | 951 | 270 |
| &nbsp;&nbsp;&nbsp; Extra Space Storage Inc <sup>‡</sup> | 3053 | 461 |
| &nbsp;&nbsp;&nbsp; Federal Realty Investment Trust <sup>‡</sup> | 1421 | 136 |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust Inc <sup>‡</sup> | 1909 | 94 |
| &nbsp;&nbsp;&nbsp; Four Corners Property Trust Inc <sup>‡</sup> | 1127 | 31 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties Inc <sup>‡</sup> | 4252 | 199 |
| &nbsp;&nbsp;&nbsp; Getty Realty Corp <sup>‡</sup> | 1013 | 30 |
| &nbsp;&nbsp;&nbsp; Global Net Lease Inc <sup>‡</sup> | 3525 | 27 |
| &nbsp;&nbsp;&nbsp; Healthcare Realty Trust Inc, Cl A <sup>‡</sup> | 5015 | 73 |
| &nbsp;&nbsp;&nbsp; Healthpeak Properties Inc <sup>‡</sup> | 10919 | 190 |
| &nbsp;&nbsp;&nbsp; Highwoods Properties Inc <sup>‡</sup> | 1126 | 33 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts Inc <sup>‡</sup> | 9789 | 152 |
| &nbsp;&nbsp;&nbsp; Howard Hughes Holdings Inc <sup>\*</sup> | 469 | 32 |
| &nbsp;&nbsp;&nbsp; Independence Realty Trust Inc <sup>‡</sup> | 2888 | 54 |
| &nbsp;&nbsp;&nbsp; Innovative Industrial Properties Inc, Cl A <sup>‡</sup> | 383 | 21 |
| &nbsp;&nbsp;&nbsp; InvenTrust Properties Corp <sup>‡</sup> | 1459 | 41 |
| &nbsp;&nbsp;&nbsp; Invitation Homes Inc <sup>‡</sup> | 9673 | 326 |
| &nbsp;&nbsp;&nbsp; Iron Mountain Inc <sup>‡</sup> | 4324 | 427 |
| &nbsp;&nbsp;&nbsp; JBG SMITH Properties <sup>‡</sup> | 2091 | 36 |
| &nbsp;&nbsp;&nbsp; Jones Lang LaSalle Inc <sup>\*</sup> | 709 | 158 |
| &nbsp;&nbsp;&nbsp; Kennedy-Wilson Holdings Inc  | 5392 | 34 |
| &nbsp;&nbsp;&nbsp; Kilroy Realty Corp <sup>‡</sup> | 1506 | 48 |
| &nbsp;&nbsp;&nbsp; Kimco Realty Corp <sup>‡</sup> | 13109 | 279 |
| &nbsp;&nbsp;&nbsp; Kite Realty Group Trust <sup>‡</sup> | 3172 | 70 |
| &nbsp;&nbsp;&nbsp; Lamar Advertising Co, Cl A <sup>‡</sup> | 1480 | 178 |
| &nbsp;&nbsp;&nbsp; Lineage Inc <sup>‡</sup> | 927 | 40 |
| &nbsp;&nbsp;&nbsp; LTC Properties Inc <sup>‡</sup> | 630 | 22 |
| &nbsp;&nbsp;&nbsp; LXP Industrial Trust, Cl B <sup>‡</sup> | 2833 | 24 |
| &nbsp;&nbsp;&nbsp; Macerich Co/The <sup>‡</sup> | 6329 | 102 |
| &nbsp;&nbsp;&nbsp; Medical Properties Trust Inc <sup>‡</sup> | 8355 | 38 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities Inc <sup>‡</sup> | 1757 | 275 |
| &nbsp;&nbsp;&nbsp; MILLROSE PROPERTIES <sup>\*</sup> | 3116 | 87 |
| &nbsp;&nbsp;&nbsp; National Health Investors Inc <sup>‡</sup> | 543 | 39 |
| &nbsp;&nbsp;&nbsp; National Storage Affiliates Trust <sup>‡</sup> | 1000 | 34 |
| &nbsp;&nbsp;&nbsp; NETSTREIT Corp <sup>‡</sup> | 4416 | 71 |
| &nbsp;&nbsp;&nbsp; Newmark Group Inc, Cl A  | 1146 | 13 |
| &nbsp;&nbsp;&nbsp; NexPoint Residential Trust Inc <sup>‡</sup> | 680 | 23 |
| &nbsp;&nbsp;&nbsp; NNN REIT Inc <sup>‡</sup> | 3049 | 127 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors Inc <sup>‡</sup> | 3742 | 138 |
| &nbsp;&nbsp;&nbsp; Outfront Media Inc <sup>‡</sup> | 3084 | 51 |
| &nbsp;&nbsp;&nbsp; Paramount Group Inc <sup>‡</sup> | 6372 | 39 |
| &nbsp;&nbsp;&nbsp; Park Hotels & Resorts Inc <sup>‡</sup> | 2647 | 27 |
| &nbsp;&nbsp;&nbsp; Phillips Edison & Co Inc <sup>‡</sup> | 1460 | 52 |
| &nbsp;&nbsp;&nbsp; Piedmont Office Realty Trust Inc, Cl A <sup>‡</sup> | 2606 | 19 |
| &nbsp;&nbsp;&nbsp; PotlatchDeltic Corp <sup>‡</sup> | 905 | 36 |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Multi-Asset Real Return Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Prologis Inc <sup>‡</sup> | 14336 | $1557 |
| &nbsp;&nbsp;&nbsp; Public Storage <sup>‡</sup> | 2337 | 721 |
| &nbsp;&nbsp;&nbsp; Rayonier Inc <sup>‡</sup> | 2078 | 49 |
| &nbsp;&nbsp;&nbsp; Realty Income Corp <sup>‡</sup> | 12925 | 732 |
| &nbsp;&nbsp;&nbsp; Redfin Corp <sup>\*</sup> | 882 | 9 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp <sup>‡</sup> | 2585 | 186 |
| &nbsp;&nbsp;&nbsp; Rexford Industrial Realty Inc <sup>‡</sup> | 3405 | 120 |
| &nbsp;&nbsp;&nbsp; RLJ Lodging Trust <sup>‡</sup> | 3616 | 26 |
| &nbsp;&nbsp;&nbsp; Ryman Hospitality Properties Inc <sup>‡</sup> | 1399 | 136 |
| &nbsp;&nbsp;&nbsp; Sabra Health Care REIT Inc <sup>‡</sup> | 3721 | 65 |
| &nbsp;&nbsp;&nbsp; Safehold Inc <sup>‡</sup> | 1365 | 21 |
| &nbsp;&nbsp;&nbsp; SBA Communications Corp, Cl A <sup>‡</sup> | 1568 | 364 |
| &nbsp;&nbsp;&nbsp; Service Properties Trust <sup>‡</sup> | 5418 | 13 |
| &nbsp;&nbsp;&nbsp; Simon Property Group Inc <sup>‡</sup> | 4887 | 797 |
| &nbsp;&nbsp;&nbsp; SITE Centers Corp <sup>‡</sup> | 872 | 10 |
| &nbsp;&nbsp;&nbsp; SL Green Realty Corp <sup>‡</sup> | 1003 | 57 |
| &nbsp;&nbsp;&nbsp; St Joe Co/The  | 386 | 17 |
| &nbsp;&nbsp;&nbsp; STAG Industrial Inc <sup>‡</sup> | 2683 | 95 |
| &nbsp;&nbsp;&nbsp; Summit Hotel Properties Inc <sup>‡</sup> | 3591 | 16 |
| &nbsp;&nbsp;&nbsp; Sun Communities Inc <sup>‡</sup> | 1889 | 233 |
| &nbsp;&nbsp;&nbsp; Sunstone Hotel Investors Inc <sup>‡</sup> | 2968 | 27 |
| &nbsp;&nbsp;&nbsp; Tanger Inc <sup>‡</sup> | 1732 | 52 |
| &nbsp;&nbsp;&nbsp; Terreno Realty Corp <sup>‡</sup> | 1311 | 74 |
| &nbsp;&nbsp;&nbsp; UDR Inc <sup>‡</sup> | 4722 | 196 |
| &nbsp;&nbsp;&nbsp; UMH Properties Inc <sup>‡</sup> | 1654 | 28 |
| &nbsp;&nbsp;&nbsp; Uniti Group Inc <sup>‡</sup> | 4971 | 21 |
| &nbsp;&nbsp;&nbsp; Urban Edge Properties <sup>‡</sup> | 2660 | 48 |
| &nbsp;&nbsp;&nbsp; Ventas Inc <sup>‡</sup> | 6253 | 402 |
| &nbsp;&nbsp;&nbsp; Veris Residential Inc <sup>‡</sup> | 1495 | 23 |
| &nbsp;&nbsp;&nbsp; VICI Properties Inc, Cl A <sup>‡</sup> | 15505 | 492 |
| &nbsp;&nbsp;&nbsp; Vornado Realty Trust <sup>‡</sup> | 2540 | 96 |
| &nbsp;&nbsp;&nbsp; Welltower Inc <sup>‡</sup> | 9225 | 1423 |
| &nbsp;&nbsp;&nbsp; Weyerhaeuser Co <sup>‡</sup> | 12027 | 312 |
| &nbsp;&nbsp;&nbsp; WP Carey Inc <sup>‡</sup> | 3059 | 192 |
| &nbsp;&nbsp;&nbsp; Xenia Hotels & Resorts Inc <sup>‡</sup> | 2525 | 31 |
| &nbsp;&nbsp;&nbsp; Zillow Group Inc, Cl A <sup>\*</sup> | 586 | 39 |
| &nbsp;&nbsp;&nbsp; Zillow Group Inc, Cl C <sup>\*</sup> | 2329 | 156 |
|  |  | 22211 |
| **Utilities — 1.4%** | **Utilities — 1.4%** |  |
| &nbsp;&nbsp;&nbsp; AES Corp/The  | 5814 | 59 |
| &nbsp;&nbsp;&nbsp; ALLETE Inc  | 454 | 30 |
| &nbsp;&nbsp;&nbsp; Alliant Energy Corp  | 2094 | 130 |
| &nbsp;&nbsp;&nbsp; Ameren Corp  | 2255 | 218 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co Inc  | 4506 | 466 |
| &nbsp;&nbsp;&nbsp; American States Water Co  | 222 | 18 |
| &nbsp;&nbsp;&nbsp; American Water Works Co Inc  | 1650 | 236 |
| &nbsp;&nbsp;&nbsp; Atmos Energy Corp  | 1309 | 202 |
| &nbsp;&nbsp;&nbsp; Avista Corp  | 373 | 14 |
| &nbsp;&nbsp;&nbsp; Black Hills Corp  | 539 | 32 |
| &nbsp;&nbsp;&nbsp; Brookfield Renewable Corp  | 1331 | 39 |
| &nbsp;&nbsp;&nbsp; California Water Service Group  | 479 | 23 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Inc  | 5574 | 208 |
| &nbsp;&nbsp;&nbsp; Chesapeake Utilities Corp  | 224 | 27 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| &nbsp;&nbsp;&nbsp; Clearway Energy Inc, Cl C  | 1217 | $37 |
| &nbsp;&nbsp;&nbsp; CMS Energy Corp  | 2505 | 176 |
| &nbsp;&nbsp;&nbsp; Consolidated Edison Inc  | 2880 | 301 |
| &nbsp;&nbsp;&nbsp; Constellation Energy Corp  | 2555 | 782 |
| &nbsp;&nbsp;&nbsp; Dominion Energy Inc  | 6929 | 393 |
| &nbsp;&nbsp;&nbsp; DTE Energy Co  | 1717 | 235 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp  | 6147 | 724 |
| &nbsp;&nbsp;&nbsp; Edison International  | 3158 | 176 |
| &nbsp;&nbsp;&nbsp; Entergy Corp  | 3599 | 300 |
| &nbsp;&nbsp;&nbsp; Essential Utilities Inc  | 2695 | 104 |
| &nbsp;&nbsp;&nbsp; Evergy Inc  | 1679 | 111 |
| &nbsp;&nbsp;&nbsp; Eversource Energy  | 3241 | 210 |
| &nbsp;&nbsp;&nbsp; Exelon Corp  | 7921 | 347 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp  | 4615 | 194 |
| &nbsp;&nbsp;&nbsp; Hawaiian Electric Industries Inc <sup>\*</sup> | 529 | 6 |
| &nbsp;&nbsp;&nbsp; IDACORP Inc, Cl Rights  | 524 | 62 |
| &nbsp;&nbsp;&nbsp; MDU Resources Group Inc  | 1584 | 27 |
| &nbsp;&nbsp;&nbsp; MGE Energy Inc  | 203 | 18 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co  | 652 | 54 |
| &nbsp;&nbsp;&nbsp; New Jersey Resources Corp  | 716 | 33 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Inc  | 17290 | 1221 |
| &nbsp;&nbsp;&nbsp; NiSource Inc  | 3525 | 139 |
| &nbsp;&nbsp;&nbsp; Northwest Natural Holding Co  | 440 | 18 |
| &nbsp;&nbsp;&nbsp; Northwestern Energy Group Inc  | 385 | 21 |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc  | 1607 | 251 |
| &nbsp;&nbsp;&nbsp; OGE Energy Corp  | 2065 | 92 |
| &nbsp;&nbsp;&nbsp; ONE Gas Inc  | 504 | 38 |
| &nbsp;&nbsp;&nbsp; Ormat Technologies Inc  | 438 | 33 |
| &nbsp;&nbsp;&nbsp; Otter Tail Corp  | 302 | 23 |
| &nbsp;&nbsp;&nbsp; PG&E Corp  | 17939 | 303 |
| &nbsp;&nbsp;&nbsp; Pinnacle West Capital Corp  | 805 | 73 |
| &nbsp;&nbsp;&nbsp; Portland General Electric Co  | 1208 | 51 |
| &nbsp;&nbsp;&nbsp; PPL Corp  | 5825 | 202 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group Inc  | 4123 | 334 |
| &nbsp;&nbsp;&nbsp; Sempra  | 5188 | 408 |
| &nbsp;&nbsp;&nbsp; SJW Group  | 437 | 23 |
| &nbsp;&nbsp;&nbsp; Southern Co/The  | 8622 | 776 |
| &nbsp;&nbsp;&nbsp; Southwest Gas Holdings Inc  | 639 | 46 |
| &nbsp;&nbsp;&nbsp; Spire Inc  | 462 | 35 |
| &nbsp;&nbsp;&nbsp; TXNM Energy Inc  | 569 | 32 |
| &nbsp;&nbsp;&nbsp; UGI Corp  | 1531 | 55 |
| &nbsp;&nbsp;&nbsp; Vistra Corp  | 2700 | 434 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group Inc  | 2562 | 275 |
| &nbsp;&nbsp;&nbsp; Xcel Energy Inc  | 4627 | 324 |
|  |  | 11199 |
|  Total Common Stock  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $119,907) ($ Thousands) |  | 221928 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS — 6.4%** | **CORPORATE OBLIGATIONS — 6.4%** | **CORPORATE OBLIGATIONS — 6.4%** |
| **Communication Services — 0.2%** | **Communication Services — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; DISH DBS  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 12/01/2026 (E) | $920 | $849 |
| &nbsp;&nbsp;&nbsp; Prosus  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.680%, 01/21/2030  | 207 | 191 |
| &nbsp;&nbsp;&nbsp; Time Warner Cable LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 09/15/2042  | 245 | 189 |
| &nbsp;&nbsp;&nbsp; Warnermedia Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.755%, 03/15/2027  | 596 | 578 |
|  |  | 1807 |
| **Consumer Discretionary — 1.0%** | **Consumer Discretionary — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; BMW US Capital LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.650%, 03/19/2027 (E) | 587 | 588 |
| &nbsp;&nbsp;&nbsp; Ford Motor  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 02/12/2032  | 369 | 305 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 03/08/2034  | 338 | 321 |
| &nbsp;&nbsp;&nbsp; General Motors Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 02/08/2031  | 708 | 716 |
| &nbsp;&nbsp;&nbsp; Harley-Davidson Financial Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 03/10/2028 (E) | 12 | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.050%, 02/14/2027 (E) | 613 | 589 |
| &nbsp;&nbsp;&nbsp; Hilton Domestic Operating  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 04/01/2029 (E) | 518 | 523 |
| &nbsp;&nbsp;&nbsp; Hyundai Capital America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 09/21/2028 (E) | 292 | 301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.275%, 06/24/2027 (E) | 94 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 01/08/2027 (E) | 200 | 201 |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/14/2030  | 207 | 209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 06/15/2028  | 268 | 269 |
| &nbsp;&nbsp;&nbsp; LG Energy Solution  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 04/02/2030 (E) | 979 | 971 |
| &nbsp;&nbsp;&nbsp; Marriott International  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 05/15/2034  | 277 | 275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 04/15/2029  | 401 | 404 |
| &nbsp;&nbsp;&nbsp; MDC Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 01/15/2043  | 340 | 301 |
| &nbsp;&nbsp;&nbsp; Nissan Motor  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.345%, 09/17/2027 (E) | 1034 | 998 |
| &nbsp;&nbsp;&nbsp; Sodexo  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 08/15/2035 (E) | 228 | 232 |
| &nbsp;&nbsp;&nbsp; Wynn Macau  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 08/26/2028 (E) | 341 | 329 |
|  |  | 7639 |
| **Consumer Staples — 0.3%** | **Consumer Staples — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Cargill  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 10/11/2032 (E) | 210 | 213 |
| &nbsp;&nbsp;&nbsp; Cencosud  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 05/28/2031 (E) | 212 | 216 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; General Mills  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 01/30/2030  | $| 374 | $377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 01/30/2027  |  | 194 | 195 |
| &nbsp;&nbsp;&nbsp; Philip Morris International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/15/2033  |  | 606 | 618 |
| &nbsp;&nbsp;&nbsp; Roche Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.203%, 09/09/2029 (E) |  | 561 | 558 |
| &nbsp;&nbsp;&nbsp; Virgolino de Oliveira Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 01/28/2018 (E)(F) |  | 497 |  |
|  |  |  | 2177 |
| **Energy — 0.5%** | **Energy — 0.5%** | **Energy — 0.5%** |  |
| &nbsp;&nbsp;&nbsp; Continental Resources/Oklahoma  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 01/15/2028  |  | 574 | 562 |
| &nbsp;&nbsp;&nbsp; Devon Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 09/15/2034  |  | 559 | 529 |
| &nbsp;&nbsp;&nbsp; Ecopetrol  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 01/19/2029  |  | 611 | 643 |
| &nbsp;&nbsp;&nbsp; Eni  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/19/2035 (E) |  | 589 | 590 |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.200%, 08/01/2029  |  | 184 | 183 |
| &nbsp;&nbsp;&nbsp; ONEOK  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 09/01/2033  |  | 271 | 278 |
| &nbsp;&nbsp;&nbsp; ONEOK Partners  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 02/01/2041  |  | 54 | 52 |
| &nbsp;&nbsp;&nbsp; Var Energi  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/15/2032 (E) |  | 357 | 395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 01/15/2028 (E) |  | 276 | 290 |
| &nbsp;&nbsp;&nbsp; Woodside Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/19/2035  |  | 225 | 224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.400%, 05/19/2030  |  | 87 | 87 |
|  |  |  | 3833 |
| **Financials — 2.6%** | **Financials — 2.6%** | **Financials — 2.6%** |  |
| &nbsp;&nbsp;&nbsp; AIB Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.608%, SOFRRATE + 2.330%, 09/13/2029 (C)(E) |  | 308 | 324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.320%, SOFRRATE + 1.650%, 05/15/2031 (C)(E) |  | 589 | 594 |
| &nbsp;&nbsp;&nbsp; Ally Financial  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.992%, SOFRRATE + 3.260%, 06/13/2029 (C) |  | 300 | 313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.737%, SOFRINDX + 1.960%, 05/15/2029 (C) |  | 173 | 175 |
| &nbsp;&nbsp;&nbsp; American Express  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.098%, SOFRRATE + 1.000%, 02/16/2028 (C) |  | 708 | 715 |
| &nbsp;&nbsp;&nbsp; Athene Global Funding  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.620%, 05/08/2026 (E) |  | 263 | 265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.583%, 01/09/2029 (E) |  | 32 | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.717%, 01/07/2029 (E) |  | 80 | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.550%, 11/19/2030 (E) |  | 47 | 41 |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Multi-Asset Real Return Fund** (Continued)

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.985%, 08/19/2028 (E) | $211 | $193 |
| &nbsp;&nbsp;&nbsp; Aviation Capital Group LLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 10/01/2025 (E) | 175 | 175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/01/2025 (E) | 6 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 11/01/2027 (E) | 104 | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.950%, 01/30/2026 (E) | 406 | 398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.950%, 09/20/2026 (E) | 142 | 136 |
| &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya Argentaria  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.883%, H15T1Y + 3.300%, 11/15/2034 (C) | 200 | 224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.381%, 03/13/2029  | 200 | 205 |
| &nbsp;&nbsp;&nbsp; Banco Santander  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.921%, 08/08/2033  | 400 | 427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.175%, H15T1Y + 2.000%, 03/24/2028 (C) | 200 | 198 |
| &nbsp;&nbsp;&nbsp; Bank of Ireland Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.253%, H15T1Y + 2.650%, 09/16/2026 (C)(E) | 368 | 369 |
| &nbsp;&nbsp;&nbsp; Bank of Ireland Group PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.601%, SOFRRATE + 1.620%, 03/20/2030 (C)(E) | 251 | 256 |
| &nbsp;&nbsp;&nbsp; Barclays PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.674%, SOFRRATE + 1.490%, 03/12/2028 (C) | 253 | 257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.335%, SOFRRATE + 1.910%, 09/10/2035 (C) | 296 | 288 |
| &nbsp;&nbsp;&nbsp; BPCE  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.508%, SOFRRATE + 2.791%, 01/18/2035 (C)(E) | 704 | 721 |
| &nbsp;&nbsp;&nbsp; CaixaBank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.684%, SOFRRATE + 2.080%, 09/13/2027 (C)(E) | 229 | 234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.037%, SOFRRATE + 2.260%, 06/15/2035 (C)(E) | 391 | 403 |
| &nbsp;&nbsp;&nbsp; Capital One Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.377%, SOFRRATE + 2.860%, 06/08/2034 (C) | 470 | 491 |
| &nbsp;&nbsp;&nbsp; Charles Schwab  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, H15T5Y + 3.168%(C)(G) | 583 | 576 |
| &nbsp;&nbsp;&nbsp; Citigroup  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.625%, H15T5Y + 3.211%(C)(G) | 73 | 76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.020%, SOFRRATE + 1.830%, 01/24/2036 (C) | 12 | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.643%, SOFRRATE + 1.143%, 05/07/2028 (C) | 593 | 592 |
| &nbsp;&nbsp;&nbsp; Credit Agricole MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.251%, SOFRRATE + 2.670%, 01/10/2035 (C)(E) | 470 | 483 |
| &nbsp;&nbsp;&nbsp; Danske Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.613%, H15T1Y + 1.100%, 10/02/2030 (C)(E) | 272 | 269 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank NY  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.373%, SOFRRATE + 1.210%, 01/10/2029 (C) | 241 | 244 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.129%, SOFRRATE + 1.870%, 11/24/2026 (C) | $330 | $325 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.125%, H15T5Y + 2.949%(C)(G) | 296 | 288 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.399%, SOFRRATE + 3.020%, 11/13/2034 (C) | 762 | 839 |
| &nbsp;&nbsp;&nbsp; ING Groep  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.083%, SOFRRATE + 1.560%, 09/11/2027 (C) | 371 | 378 |
| &nbsp;&nbsp;&nbsp; Intesa Sanpaolo  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.200%, 11/28/2033 (E) | 231 | 255 |
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.953%, H15T1Y + 3.750%, 11/15/2033 (C) | 323 | 367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.500%, USISDA05 + 4.496%(C)(G) | 805 | 807 |
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.976%, H15T1Y + 2.300%, 08/11/2033 (C) | 535 | 525 |
| &nbsp;&nbsp;&nbsp; Mastercard  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.550%, 01/15/2035  | 403 | 391 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.406%, 10/29/2027 (C) | 438 | 483 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.504%, SOFRRATE + 0.865%, 05/26/2028 (C) | $250 | 255 |
| &nbsp;&nbsp;&nbsp; Nationwide Building Society MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.972%, SOFRRATE + 1.290%, 02/16/2028 (C)(E) | 307 | 299 |
| &nbsp;&nbsp;&nbsp; NatWest Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.115%, H15T1Y + 1.050%, 05/23/2031 (C) | 388 | 389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.032%, H15T5Y + 2.350%, 11/28/2035 (C) | 239 | 212 |
| &nbsp;&nbsp;&nbsp; Principal Life Global Funding II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 01/25/2029 (E) | 439 | 446 |
| &nbsp;&nbsp;&nbsp; Santander Holdings USA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.473%, SOFRRATE + 1.610%, 03/20/2029 (C) | 9 | 9 |
| &nbsp;&nbsp;&nbsp; Santander UK Group Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.694%, SOFRINDX + 1.524%, 04/15/2031 (C) | 268 | 274 |
| &nbsp;&nbsp;&nbsp; Societe Generale  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.519%, H15T1Y + 1.500%, 01/19/2028 (C)(E) | 221 | 223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.889%, H15T1Y + 1.300%, 06/09/2032 (C)(E) | 200 | 174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.797%, H15T1Y + 1.300%, 01/19/2028 (C)(E) | 303 | 292 |
| &nbsp;&nbsp;&nbsp; Standard Chartered  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.051%, TSFR3M + 1.772%(C)(E)(G) | 400 | 378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.545%, H15T1Y + 1.050%, 01/21/2029 (C)(E) | 355 | 361 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Trust Bank MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.450%, 09/10/2027 (E) | $212 | $212 |
| &nbsp;&nbsp;&nbsp; Svenska Handelsbanken  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, H15T5Y + 4.048%(C)(G) | 600 | 545 |
| &nbsp;&nbsp;&nbsp; Swiss Re Finance Luxembourg  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.000%, H15T5Y + 3.582%, 04/02/2049 (C) | 200 | 197 |
| &nbsp;&nbsp;&nbsp; Toronto-Dominion Bank  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.146%, H15T5Y + 1.500%, 09/10/2034 (C) | 195 | 193 |
| &nbsp;&nbsp;&nbsp; UBS  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.864%, SOFRRATE + 0.720%, 01/10/2028 (C) | 563 | 566 |
| &nbsp;&nbsp;&nbsp; UBS Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.250%, H15T5Y + 4.745%(C)(E)(G) | 278 | 303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.373%, SOFRRATE + 3.340%, 07/15/2026 (C)(E) | 277 | 277 |
| &nbsp;&nbsp;&nbsp; UniCredit  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.569%, H15T1Y + 2.300%, 09/22/2026 (C)(E) | 421 | 418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.982%, H15T1Y + 1.200%, 06/03/2027 (C)(E) | 229 | 222 |
|  |  | 20771 |
| **Health Care — 0.0%** | **Health Care — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Organon & Co  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 04/30/2028  | 200 | 219 |
| &nbsp;&nbsp;&nbsp; Viatris  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 06/22/2030  | $300 | 262 |
|  |  | 481 |
| **Industrials — 0.6%** | **Industrials — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Axon Enterprise  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 03/15/2033 (E) | 228 | 231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 03/15/2030 (E) | 310 | 316 |
| &nbsp;&nbsp;&nbsp; Boeing  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 02/01/2028  | 296 | 286 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/20/2028 (E) | 450 | 448 |
| &nbsp;&nbsp;&nbsp; ENA Master Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/19/2048 (E) | 269 | 196 |
| &nbsp;&nbsp;&nbsp; Lima Metro Line 2 Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 07/05/2034  | 189 | 190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 04/05/2036  | 473 | 439 |
| &nbsp;&nbsp;&nbsp; Mileage Plan IP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.021%, 10/20/2029 (E) | 67 | 66 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 03/01/2032 (E) | 265 | 269 |
| &nbsp;&nbsp;&nbsp; Regal Rexnord  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 02/15/2026  | 770 | 774 |
| &nbsp;&nbsp;&nbsp; Republic Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 07/15/2030  | 587 | 593 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Westinghouse Air Brake Technologies  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.900%, 05/29/2030  | $| 601 | $604 |
|  |  |  | 4412 |
| **Information Technology — 0.2%** | **Information Technology — 0.2%** | **Information Technology — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Broadcom  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 07/12/2027  |  | 223 | 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.150%, 02/15/2028  |  | 143 | 142 |
| &nbsp;&nbsp;&nbsp; Dell International LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 04/01/2032  |  | 194 | 195 |
| &nbsp;&nbsp;&nbsp; Oracle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/03/2035  |  | 474 | 476 |
| &nbsp;&nbsp;&nbsp; TSMC Arizona  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/22/2027  |  | 345 | 342 |
|  |  |  | 1381 |
| **Materials — 0.2%** | **Materials — 0.2%** | **Materials — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Braskem Netherlands Finance BV  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 10/15/2034 (E) |  | 272 | 243 |
| &nbsp;&nbsp;&nbsp; Glencore Funding LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/06/2033 (E) |  | 327 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.338%, 04/04/2027 (E) |  | 105 | 106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.186%, 04/01/2030 (E) |  | 53 | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.907%, 04/01/2028 (E) |  | 118 | 118 |
| &nbsp;&nbsp;&nbsp; LYB International Finance III LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.150%, 05/15/2035  |  | 97 | 99 |
| &nbsp;&nbsp;&nbsp; OCP  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 04/30/2030 (E) |  | 308 | 308 |
| &nbsp;&nbsp;&nbsp; Volcan Cia Minera SAA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 01/24/2030 (E) |  | 69 | 67 |
|  |  |  | 1345 |
| **Utilities — 0.8%** | **Utilities — 0.8%** | **Utilities — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Aegea Finance Sarl  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 05/20/2029  |  | 280 | 279 |
| &nbsp;&nbsp;&nbsp; AES Panama Generation Holdings SRL  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 05/31/2030 (E) |  | 279 | 246 |
| &nbsp;&nbsp;&nbsp; Alexander Funding Trust II  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.467%, 07/31/2028 (E) |  | 104 | 110 |
| &nbsp;&nbsp;&nbsp; American Electric Power  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.950%, H15T5Y + 2.675%, 12/15/2054 (C) |  | 372 | 380 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Houston Electric LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.050%, 03/01/2035  |  | 526 | 518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.950%, 04/01/2033  |  | 47 | 46 |
| &nbsp;&nbsp;&nbsp; Chile Electricity Lux Mpc II SARL  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.672%, 10/20/2035 (E) |  | 226 | 225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.580%, 10/20/2035 (E) |  | 545 | 542 |
| &nbsp;&nbsp;&nbsp; Comision Federal de Electricidad  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.688%, 05/15/2029 (E) |  | 501 | 485 |
| &nbsp;&nbsp;&nbsp; Duke Energy Carolinas NC Storm Funding LLC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.617%, 07/01/2041  |  | 314 | 240 |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Multi-Asset Real Return Fund** (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp; Electricite de France  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.125%, H15T5Y + 5.411%(C)(E)(G) | $| 261 | $| 295 |
| &nbsp;&nbsp;&nbsp; Engie Energia Chile  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 04/17/2034 (E) |  | 330 |  | 336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.400%, 01/28/2030  |  | 349 |  | 318 |
| &nbsp;&nbsp;&nbsp; FIEMEX Energia - Banco Actinver Institucion de Banca Multiple  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 01/31/2041 (E) |  | 283 |  | 280 |
| &nbsp;&nbsp;&nbsp; Israel Electric MTN  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 08/14/2028 (E) |  | 236 |  | 229 |
| &nbsp;&nbsp;&nbsp; Kallpa Generacion  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 01/30/2032 (E) |  | 578 |  | 583 |
| &nbsp;&nbsp;&nbsp; Niagara Mohawk Power  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.290%, 01/17/2034 (E) |  | 212 |  | 208 |
| &nbsp;&nbsp;&nbsp; Terraform Global Operating LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 03/01/2026 (E) |  | 39 |  | 39 |
| &nbsp;&nbsp;&nbsp; Vistra  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.000%, H15T5Y + 5.740%(C)(E)(G) |  | 272 |  | 276 |
| &nbsp;&nbsp;&nbsp; Vistra Operations LLC  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.950%, 10/15/2033 (E) |  | 415 |  | 447 |
|  |  |  |  | 6082 |
|  Total Corporate Obligations |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $50,155) ($ Thousands) |  |  |  | 49928 |
| **ASSET-BACKED SECURITIES — 3.3%** | **ASSET-BACKED SECURITIES — 3.3%** | **ASSET-BACKED SECURITIES — 3.3%** | **ASSET-BACKED SECURITIES — 3.3%** | **ASSET-BACKED SECURITIES — 3.3%** |
| **Automotive — 1.4%** | **Automotive — 1.4%** | **Automotive — 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp; ACM Auto Trust, Ser 2024-2A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.060%, 02/20/2029(E) |  | 442 |  | 443 |
| &nbsp;&nbsp;&nbsp; ACM Auto Trust, Ser 2025-1A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.380%, 06/20/2029(E) |  | 315 |  | 315 |
| &nbsp;&nbsp;&nbsp; ACM Auto Trust, Ser 2025-2A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.550%, 06/20/2028(E) |  | 1019 |  | 1020 |
| &nbsp;&nbsp;&nbsp; Arivo Acceptance Auto Loan Receivables Trust, Ser 2024-1A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.460%, 04/17/2028(E) |  | 87 |  | 87 |
| &nbsp;&nbsp;&nbsp; AutoNation Finance Trust, Ser 2025-1A, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.720%, 04/10/2028(E) |  | 978 |  | 978 |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, Ser 2023-3A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.440%, 02/22/2028(E) |  | 589 |  | 596 |
| &nbsp;&nbsp;&nbsp; Avis Budget Rental Car Funding AESOP LLC, Ser 2023-5A, Cl B |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.120%, 04/20/2028(E) |  | 485 |  | 493 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2021-N3, Cl C |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.020%, 06/12/2028 |  | 37 |  | 36 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2021-N4, Cl D |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.300%, 09/11/2028 |  | 69 |  | 66 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2021-P4, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.610%, 09/11/2028 | $420 | $397 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust, Ser 2024-P3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.610%, 11/10/2027 | 436 | 436 |
| &nbsp;&nbsp;&nbsp; FHF Trust, Ser 2021-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.830%, 12/15/2026(E) |  |  |
| &nbsp;&nbsp;&nbsp; FHF Trust, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.570%, 06/15/2028(E) | 148 | 150 |
| &nbsp;&nbsp;&nbsp; Flagship Credit Auto Trust, Ser 2024-3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.880%, 11/15/2028(E) | 259 | 259 |
| &nbsp;&nbsp;&nbsp; Ford Credit Auto Owner Trust, Ser 2021-1, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.310%, 10/17/2033(E) | 510 | 496 |
| &nbsp;&nbsp;&nbsp; GLS Auto Receivables Issuer Trust, Ser 2024-3A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.350%, 08/16/2027(E) | 366 | 367 |
| &nbsp;&nbsp;&nbsp; Hertz Vehicle Financing III LLC, Ser 2022-1A, Cl C |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.630%, 06/25/2026(E) | 100 | 100 |
| &nbsp;&nbsp;&nbsp; LAD Auto Receivables Trust, Ser 2022-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.210%, 06/15/2027(E) | 52 | 53 |
| &nbsp;&nbsp;&nbsp; Lendbuzz Securitization Trust, Ser 2023-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.920%, 08/15/2028(E) | 498 | 505 |
| &nbsp;&nbsp;&nbsp; Lendbuzz Securitization Trust, Ser 2023-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.090%, 10/16/2028(E) | 240 | 244 |
| &nbsp;&nbsp;&nbsp; Lendbuzz Securitization Trust, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 10/15/2030(E) | 818 | 819 |
| &nbsp;&nbsp;&nbsp; Lobel Automobile Receivables Trust, Ser 2025-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.060%, 11/15/2027(E) | 813 | 813 |
| &nbsp;&nbsp;&nbsp; Prestige Auto Receivables Trust, Ser 2025-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.870%, 12/15/2027(E) | 792 | 792 |
| &nbsp;&nbsp;&nbsp; Research-Driven Pagaya Motor Asset Trust VII, Ser 2022-3A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.380%, 11/25/2030(E) | 82 | 82 |
| &nbsp;&nbsp;&nbsp; Santander Bank Auto Credit-Linked Notes, Ser 2022-C, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.451%, 12/15/2032(E) | 35 | 35 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2023-3, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.610%, 07/17/2028 | 545 | 548 |
| &nbsp;&nbsp;&nbsp; Santander Drive Auto Receivables Trust, Ser 2024-4, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.410%, 07/15/2027 | 267 | 268 |
| &nbsp;&nbsp;&nbsp; Tricolor Auto Securitization Trust, Ser 2024-2A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.360%, 12/15/2027(E) | 134 | 135 |

---

------

SEI Institutional Investments Trust

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Tricolor Auto Securitization Trust, Ser 2025-1A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.940%, 02/15/2029(E) | $| 716 | $715 |
|  |  |  | 11248 |
| **Credit Cards — 0.3%** | **Credit Cards — 0.3%** | **Credit Cards — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Brex Commercial Charge Card Master Trust, Ser 2024-1, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.050%, 07/15/2027(E) |  | 650 | 655 |
| &nbsp;&nbsp;&nbsp; Mission Lane Credit Card Master Trust, Ser 2024-B, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.880%, 01/15/2030(E) |  | 958 | 964 |
| &nbsp;&nbsp;&nbsp; Mission Lane Credit Card Master Trust, Ser 2025-A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.800%, 05/15/2030(E) |  | 724 | 724 |
|  |  |  | 2343 |
| **Other Asset-Backed Securities — 1.6%** | **Other Asset-Backed Securities — 1.6%** | **Other Asset-Backed Securities — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; AB Issuer LLC, Ser 2021-1, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.734%, 07/30/2051(E) |  | 689 | 640 |
| &nbsp;&nbsp;&nbsp; Affirm Asset Securitization Trust, Ser 2021-Z2, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.170%, 11/16/2026(E) |  | 1 | 1 |
| &nbsp;&nbsp;&nbsp; Affirm Asset Securitization Trust, Ser 2024-X1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.270%, 05/15/2029(E) |  | 71 | 71 |
| &nbsp;&nbsp;&nbsp; Affirm Asset Securitization Trust, Ser 2024-X2, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.220%, 12/17/2029(E) |  | 330 | 330 |
| &nbsp;&nbsp;&nbsp; Affirm Asset Securitization Trust, Ser 2025-X1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.080%, 04/15/2030(E) |  | 761 | 761 |
| &nbsp;&nbsp;&nbsp; Amur Equipment Finance Receivables XI LLC, Ser 2022-2A, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.300%, 06/21/2028(E) |  | 76 | 76 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXXV, Ser 2021-35A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.581%, TSFR3M + 1.312%, 04/20/2034(C)(E) |  | 853 | 854 |
| &nbsp;&nbsp;&nbsp; Bellemeade Re, Ser 2022-2, Cl M1A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.322%, SOFR30A + 4.000%, 09/27/2032(C)(E) |  | 293 | 295 |
| &nbsp;&nbsp;&nbsp; Bellemeade Re, Ser 2023-1, Cl M1A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.522%, SOFR30A + 2.200%, 10/25/2033(C)(E) |  | 609 | 611 |
| &nbsp;&nbsp;&nbsp; Cajun Global LLC, Ser 2021-1, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.931%, 11/20/2051(E) |  | 160 | 156 |
| &nbsp;&nbsp;&nbsp; College Ave Student Loans LLC, Ser 2021-C, Cl B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.720%, 07/26/2055(E) |  | 152 | 138 |
| &nbsp;&nbsp;&nbsp; Dext ABS LLC, Ser 2023-1, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.990%, 03/15/2032(E) |  | 376 | 377 |
| &nbsp;&nbsp;&nbsp; Diamond Issuer, Ser 2021-1A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.305%, 11/20/2051(E) |  | 768 | 720 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Eagle RE, Ser 2023-1, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.322%, SOFR30A + 2.000%, 09/26/2033(C)(E) | $380 | $381 |
| &nbsp;&nbsp;&nbsp; Equify ABS LLC, Ser 2024-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.430%, 04/18/2033(E) | 412 | 412 |
| &nbsp;&nbsp;&nbsp; GCI Funding I LLC, Ser 2021-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.380%, 06/18/2046(E) | 198 | 181 |
| &nbsp;&nbsp;&nbsp; Hardee's Funding LLC, Ser 2018-1A, Cl A23 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.710%, 06/20/2048(E) | 362 | 356 |
| &nbsp;&nbsp;&nbsp; Hardee's Funding LLC, Ser 2020-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.981%, 12/20/2050(E) | 255 | 243 |
| &nbsp;&nbsp;&nbsp; Kings Park CLO, Ser 2021-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.661%, TSFR3M + 1.392%, 01/21/2035(C)(E) | 706 | 707 |
| &nbsp;&nbsp;&nbsp; Marlette Funding Trust, Ser 2023-3A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.710%, 09/15/2033(E) | 452 | 453 |
| &nbsp;&nbsp;&nbsp; Marlette Funding Trust, Ser 2024-1A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 07/17/2034(E) | 80 | 80 |
| &nbsp;&nbsp;&nbsp; MVW LLC, Ser 2021-2A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.830%, 05/20/2039(E) | 127 | 119 |
| &nbsp;&nbsp;&nbsp; Nelnet Student Loan Trust, Ser 2021-DA, Cl AFX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.630%, 04/20/2062(E) | 110 | 103 |
| &nbsp;&nbsp;&nbsp; NMEF Funding LLC, Ser 2022-B, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.070%, 06/15/2029(E) | 49 | 49 |
| &nbsp;&nbsp;&nbsp; Octane Receivables Trust, Ser 2021-2A, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.020%, 09/20/2028(E) | 530 | 524 |
| &nbsp;&nbsp;&nbsp; Oportun Funding Trust, Ser 2025-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.960%, 08/16/2032(E) | 453 | 452 |
| &nbsp;&nbsp;&nbsp; Pagaya AI Debt Grantor Trust, Ser 2024-5, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.278%, 10/15/2031(E) | 235 | 237 |
| &nbsp;&nbsp;&nbsp; Pagaya Ai Debt Grantor Trust, Ser 2024-9, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.306%, 03/15/2032(E) | 760 | 757 |
| &nbsp;&nbsp;&nbsp; Pagaya AI Debt Grantor Trust, Ser 2025-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.964%, 07/15/2032(C)(E) | 279 | 279 |
| &nbsp;&nbsp;&nbsp; Pagaya AI Debt Grantor Trust, Ser 2025-3, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.365%, 12/15/2032(E) | 157 | 157 |
| &nbsp;&nbsp;&nbsp; Pagaya AI Debt Trust, Ser 2024-3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.258%, 10/15/2031(E) | 246 | 247 |
| &nbsp;&nbsp;&nbsp; Pagaya Point of Sale Holdings Grantor Trust, Ser 2025-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.715%, 01/20/2034(E) | 329 | 330 |
| &nbsp;&nbsp;&nbsp; Rad CLO 14, Ser 2021-14A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.688%, TSFR3M + 1.432%, 01/15/2035(C)(E) | 500 | 501 |
| &nbsp;&nbsp;&nbsp; Regatta XIX Funding, Ser 2022-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.592%, TSFR3M + 1.320%, 04/20/2035(C)(E) | 691 | 693 |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Multi-Asset Real Return Fund** (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; SMB Private Education Loan Trust, Ser 2021-E, Cl A1A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.680%, 02/15/2051(E) | $| 241 | $| 223 |
|  |  |  |  | 12514 |
|  Total Asset-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $26,276) ($ Thousands) |  |  |  | 26105 |
| **MORTGAGE-BACKED SECURITIES — 2.9%** | **MORTGAGE-BACKED SECURITIES — 2.9%** | **MORTGAGE-BACKED SECURITIES — 2.9%** | **MORTGAGE-BACKED SECURITIES — 2.9%** | **MORTGAGE-BACKED SECURITIES — 2.9%** |
| **Agency Mortgage-Backed Obligations — 0.1%** | **Agency Mortgage-Backed Obligations — 0.1%** | **Agency Mortgage-Backed Obligations — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2016-4585, Cl DS, IO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.553%, 05/15/2046(C) |  | 507 |  | 55 |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2017-4693, Cl SL, IO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.703%, 06/15/2047(C) |  | 764 |  | 92 |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2017-4719, Cl JS, IO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.703%, 09/15/2047(C) |  | 568 |  | 69 |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2020-4954, Cl SL, IO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.614%, 02/25/2050(C) |  | 796 |  | 88 |
| &nbsp;&nbsp;&nbsp; FHLMC CMO, Ser 2020-4981, Cl HS, IO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.664%, 06/25/2050(C) |  | 1563 |  | 169 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2014-78, Cl SE, IO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.664%, 12/25/2044(C) |  | 520 |  | 51 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2016-77, Cl DS, IO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.564%, 10/25/2046(C) |  | 523 |  | 55 |
| &nbsp;&nbsp;&nbsp; FNMA CMO, Ser 2017-62, Cl AS, IO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.714%, 08/25/2047(C) |  | 638 |  | 69 |
| &nbsp;&nbsp;&nbsp; GNMA CMO, Ser 2017-122, Cl SA, IO |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.761%, 08/20/2047(C) |  | 510 |  | 65 |
|  |  |  |  | 713 |
| **Non-Agency Mortgage-Backed Obligations — 2.8%** | **Non-Agency Mortgage-Backed Obligations — 2.8%** | **Non-Agency Mortgage-Backed Obligations — 2.8%** |  |  |
| &nbsp;&nbsp;&nbsp; Alternative Loan Trust, Ser 2005-20CB, Cl 3A6 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/25/2035 |  | 29 |  | 19 |
| &nbsp;&nbsp;&nbsp; Alternative Loan Trust, Ser 2006-24CB, Cl A16 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 08/25/2036 |  | 182 |  | 89 |
| &nbsp;&nbsp;&nbsp; Alternative Loan Trust, Ser 2006-J1, Cl 1A13 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/25/2036 |  | 70 |  | 47 |
| &nbsp;&nbsp;&nbsp; AREIT Trust, Ser 2022-CRE6, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.578%, SOFR30A + 1.250%, 01/20/2037(C)(E) |  | 736 |  | 736 |
| &nbsp;&nbsp;&nbsp; BBCMS Mortgage Trust, Ser 2020-BID, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.584%, TSFR1M + 2.254%, 10/15/2037(C)(E) |  | 710 |  | 710 |
| &nbsp;&nbsp;&nbsp; BFLD Trust, Ser 2021-FPM, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.044%, TSFR1M + 1.714%, 06/15/2038(C)(E) |  | 1065 |  | 1065 |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2019-IMC, Cl D |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.275%, TSFR1M + 1.946%, 04/15/2034(C)(E) |  | 152 |  | 149 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; BX Commercial Mortgage Trust, Ser 2019-IMC, Cl E |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.525%, TSFR1M + 2.196%, 04/15/2034(C)(E) | $610 | $596 |
| &nbsp;&nbsp;&nbsp; Chase Mortgage Finance Trust, Ser 2007-S5, Cl 1A17 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 07/25/2037 | 71 | 31 |
| &nbsp;&nbsp;&nbsp; CHL Mortgage Pass-Through Trust, Ser 2006-10, Cl 1A8 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/25/2036 | 87 | 35 |
| &nbsp;&nbsp;&nbsp; CHL Mortgage Pass-Through Trust, Ser 2006-13, Cl 1A19 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 09/25/2036 | 48 | 21 |
| &nbsp;&nbsp;&nbsp; COMM Mortgage Trust, Ser 2010-C1, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.792%, 07/10/2046(C)(E) | 459 | 452 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2021-R03, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.972%, SOFR30A + 1.650%, 12/25/2041(C)(E) | 304 | 306 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R01, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.222%, SOFR30A + 1.900%, 12/25/2041(C)(E) | 1008 | 1017 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R02, Cl 2M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.522%, SOFR30A + 1.200%, 01/25/2042(C)(E) | 133 | 133 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R03, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.822%, SOFR30A + 3.500%, 03/25/2042(C)(E) | 744 | 771 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2022-R04, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.422%, SOFR30A + 3.100%, 03/25/2042(C)(E) | 185 | 190 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R02, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.622%, SOFR30A + 2.300%, 01/25/2043(C)(E) | 984 | 1006 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R03, Cl 2M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.822%, SOFR30A + 2.500%, 04/25/2043(C)(E) | 676 | 687 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R04, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.621%, SOFR30A + 2.300%, 05/25/2043(C)(E) | 652 | 666 |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2023-R05, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.221%, SOFR30A + 1.900%, 06/25/2043(C)(E) | 653 | 660 |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Connecticut Avenue Securities Trust, Ser 2025-R03, Cl 2M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.922%, SOFR30A + 1.600%, 03/25/2045(C)(E) | $785 | $790 |
| &nbsp;&nbsp;&nbsp; Deutsche Alt-A Securities Mortgage Loan Trust, Ser 2006-AR4, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.819%, TSFR1M + 0.494%, 12/25/2036(C) | 129 | 41 |
| &nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Credit Risk, Ser 2021-MN1, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.322%, SOFR30A + 2.000%, 01/25/2051(C)(E) | 32 | 32 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2021-DNA5, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.972%, SOFR30A + 1.650%, 01/25/2034(C)(E) | 92 | 93 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2021-DNA6, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.822%, SOFR30A + 1.500%, 10/25/2041(C)(E) | 918 | 922 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2021-DNA7, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.122%, SOFR30A + 1.800%, 11/25/2041(C)(E) | 953 | 960 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2021-HQA4, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.672%, SOFR30A + 2.350%, 12/25/2041(C)(E) | 635 | 643 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2021-HQA4, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.272%, SOFR30A + 0.950%, 12/25/2041(C)(E) | 783 | 782 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-DNA2, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.622%, SOFR30A + 1.300%, 02/25/2042(C)(E) | 210 | 210 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-DNA5, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.272%, SOFR30A + 2.950%, 06/25/2042(C)(E) | 320 | 327 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2022-DNA7, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.822%, SOFR30A + 2.500%, 03/25/2052(C)(E) | 409 | 415 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-DNA1, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.421%, SOFR30A + 2.100%, 03/25/2043(C)(E) | 361 | 366 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-DNA2, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.421%, SOFR30A + 2.100%, 04/25/2043(C)(E) | 217 | 221 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-HQA1, Cl M1B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.822%, SOFR30A + 3.500%, 05/25/2043(C)(E) | $1327 | $1399 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2023-HQA1, Cl M1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.322%, SOFR30A + 2.000%, 05/25/2043(C)(E) | 582 | 588 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2024-HQA2, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.522%, SOFR30A + 1.200%, 08/25/2044(C)(E) | 708 | 709 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2025-DNA2, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.431%, SOFR30A + 1.100%, 05/25/2045(C)(E) | 295 | 295 |
| &nbsp;&nbsp;&nbsp; FHLMC STACR REMIC Trust, Ser 2025-DNA2, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.531%, SOFR30A + 1.200%, 05/25/2045(C)(E) | 332 | 336 |
| &nbsp;&nbsp;&nbsp; FNMA Connecticut Avenue Securities Trust, Ser 2015-C04, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10.137%, SOFR30A + 5.814%, 04/25/2028(C) | 46 | 47 |
| &nbsp;&nbsp;&nbsp; FNMA Connecticut Avenue Securities Trust, Ser 2021-R02, Cl 2M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.322%, SOFR30A + 2.000%, 11/25/2041(C)(E) | 429 | 432 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2011-GC5, Cl D |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.148%, 08/10/2044(C)(E) | 12 | 9 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2021-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.435%, 08/17/2026 | 657 | 649 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2021-1, Cl AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.638%, 08/17/2026 | 23 | 22 |
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Trust, Ser 2021-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.433%, 08/17/2026 | 174 | 172 |
| &nbsp;&nbsp;&nbsp; HFX, Ser 2017-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.622%, 03/15/2035 | 8 | 8 |
| &nbsp;&nbsp;&nbsp; HomeBanc Mortgage Trust, Ser 2005-1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.939%, TSFR1M + 0.614%, 03/25/2035(C) | 17 | 14 |
| &nbsp;&nbsp;&nbsp; JPMBB Commercial Mortgage Securities Trust, Ser 2014-C22, Cl XA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.399%, 09/15/2047(C) | 1034 |  |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase, Ser 2019-CL1, Cl M3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.539%, TSFR1M + 2.214%, 04/25/2047(C)(E) | 83 | 84 |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Multi-Asset Real Return Fund** (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp; Natixis Commercial Mortgage Securities Trust, Ser 2019-MILE, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.908%, TSFR1M + 1.579%, 07/15/2036(C)(E) | $| 294 | $| 278 |
| &nbsp;&nbsp;&nbsp; Neighborly Issuer LLC, Ser 2023-1A, Cl A2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.308%, 01/30/2053(E) |  | 768 |  | 777 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust, Ser 2016-NXS6, Cl C |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.394%, 11/15/2049(C) |  | 620 |  | 589 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Credit Risk Transfer Securities Trust, Ser 2015-WF1, Cl 2M2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.937%, SOFR30A + 5.614%, 11/25/2025(C)(E) |  | 21 |  | 21 |
| &nbsp;&nbsp;&nbsp; Wells Fargo Credit Risk Transfer Securities Trust, Ser 2015-WF1, Cl 1M2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9.687%, SOFR30A + 5.364%, 11/25/2025(C)(E) |  | 84 |  | 87 |
|  |  |  |  | 21704 |
|  Total Mortgage-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $23,117) ($ Thousands) |  |  |  | 22417 |
| **U.S. GOVERNMENT AGENCY OBLIGATIONS — 1.3%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 1.3%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 1.3%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 1.3%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS — 1.3%** |
| &nbsp;&nbsp;&nbsp; FFCB^ |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.585%, SOFRRATE + 0.235%, 02/11/2028(C) |  | 800 |  | 800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.370%, SOFRRATE + 0.020%, 11/06/2025(C) |  | 700 |  | 700 |
| &nbsp;&nbsp;&nbsp; FHLB^ |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.490%, SOFRRATE + 0.160%, 07/10/2025(C) |  | 900 |  | 900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.470%, 07/16/2026 |  | 700 |  | 700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 10/09/2026 |  | 400 |  | 400 |
| &nbsp;&nbsp;&nbsp; FHLB DN^ |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.000%, 07/18/2025(A)(H) |  | 700 |  | 696 |
| &nbsp;&nbsp;&nbsp; FHLMC^ |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.570%, 05/23/2028 |  | 1400 |  | 1400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.490%, 10/16/2026 |  | 800 |  | 801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.200%, 08/28/2025 |  | 700 |  | 699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.375%, 07/21/2025 |  | 700 |  | 696 |
| &nbsp;&nbsp;&nbsp; FNMA^ |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.610%, SOFRRATE + 0.260%, 11/05/2027(C) |  | 700 |  | 701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.500%, 06/17/2025 |  | 1500 |  | 1498 |
|  Total U.S. Government Agency Obligations | Total U.S. Government Agency Obligations | Total U.S. Government Agency Obligations |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $9,996) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $9,996) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $9,996) ($ Thousands) |  | 9991 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **SOVEREIGN DEBT — 0.1%** | **SOVEREIGN DEBT — 0.1%** | **SOVEREIGN DEBT — 0.1%** |
| &nbsp;&nbsp;&nbsp; Colombia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 04/15/2031 | $213 | $174 |
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 09/23/2032(E) | 881 | 803 |
| &nbsp;&nbsp;&nbsp; Israel Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/19/2030 | 250 | 252 |
|  Total Sovereign Debt | Total Sovereign Debt |  |
| &nbsp;&nbsp;&nbsp; (Cost $1,274) ($ Thousands) | &nbsp;&nbsp;&nbsp; (Cost $1,274) ($ Thousands) | 1229 |
|  | Number of<br> Rights |  |
| **RIGHTS — 0.0%** | **RIGHTS — 0.0%** | **RIGHTS — 0.0%** |
| &nbsp;&nbsp;&nbsp; Abiomed Inc CVR \*<sup>‡</sup><sup>‡</sup> | 366 |  |
| &nbsp;&nbsp;&nbsp; Mirati Therapeutics CVR \*<sup>‡</sup><sup>‡</sup> | 600 |  |
| &nbsp;&nbsp;&nbsp; Novartis AG CVR \*<sup>‡</sup><sup>‡</sup> | 972 | – |
|  Total Rights |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $—) ($ Thousands) |  | – |
| Total Investments in Securities — 96.7% |  |  |
| &nbsp;&nbsp;&nbsp; (Cost $652,265) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Cost $652,265) ($ Thousands)  | $756432 |
|  | <br> Shares |  |
| **COMMON STOCK SOLD SHORT— (3.2)%** | **COMMON STOCK SOLD SHORT— (3.2)%** | **COMMON STOCK SOLD SHORT— (3.2)%** |
| **Communication Services — (0.6)%** | **Communication Services — (0.6)%** |  |
| &nbsp;&nbsp;&nbsp; Cable One Inc  | (94) | (14) |
| &nbsp;&nbsp;&nbsp; Charter Communications Inc, Cl A <sup>\*</sup> | (1454) | (576) |
| &nbsp;&nbsp;&nbsp; Comcast Corp, Cl A  | (58266) | (2014) |
| &nbsp;&nbsp;&nbsp; EchoStar Corp, Cl A <sup>\*</sup> | (2230) | (39) |
| &nbsp;&nbsp;&nbsp; Fox Corp  | (5765) | (308) |
| &nbsp;&nbsp;&nbsp; Interpublic Group of Cos Inc/The  | (6101) | (146) |
| &nbsp;&nbsp;&nbsp; John Wiley & Sons Inc, Cl A  | (666) | (26) |
| &nbsp;&nbsp;&nbsp; Liberty Broadband Corp, Cl A <sup>\*</sup> | (457) | (42) |
| &nbsp;&nbsp;&nbsp; Liberty Broadband Corp, Cl C <sup>\*</sup> | (1489) | (140) |
| &nbsp;&nbsp;&nbsp; Magnite Inc <sup>\*</sup> | (2485) | (41) |
| &nbsp;&nbsp;&nbsp; New York Times Co/The, Cl A  | (2795) | (160) |
| &nbsp;&nbsp;&nbsp; News Corp  | (2187) | (72) |
| &nbsp;&nbsp;&nbsp; News Corp, Cl A  | (6230) | (176) |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group Inc, Cl A  | (494) | (84) |
| &nbsp;&nbsp;&nbsp; Omnicom Group Inc  | (3049) | (224) |
| &nbsp;&nbsp;&nbsp; Paramount Global, Cl B  | (7444) | (90) |
| &nbsp;&nbsp;&nbsp; Sirius XM Holdings Inc  | (3012) | (65) |
| &nbsp;&nbsp;&nbsp; TEGNA Inc  | (3414) | (57) |
| &nbsp;&nbsp;&nbsp; Trade Desk Inc/The, Cl A <sup>\*</sup> | (7184) | (540) |
|  |  | (4814) |
| **Energy — 0.0%** | **Energy — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; CONSOL Energy Inc  | (121) | (8) |
| **Information Technology — (2.6)%** | **Information Technology — (2.6)%** |  |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices Inc <sup>\*</sup> | (3281) | (363) |

---

------

SEI Institutional Investments Trust

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK SOLD SHORT (continued)** | **COMMON STOCK SOLD SHORT (continued)** | **COMMON STOCK SOLD SHORT (continued)** |
| &nbsp;&nbsp;&nbsp; Amphenol Corp, Cl A  | (2382) | $(214) |
| &nbsp;&nbsp;&nbsp; Analog Devices Inc  | (1069) | (229) |
| &nbsp;&nbsp;&nbsp; Apple Inc  | (26945) | (5412) |
| &nbsp;&nbsp;&nbsp; Applied Materials Inc  | (1821) | (285) |
| &nbsp;&nbsp;&nbsp; Arista Networks Inc <sup>\*</sup> | (2202) | (191) |
| &nbsp;&nbsp;&nbsp; Arrow Electronics Inc <sup>\*</sup> | (114) | (14) |
| &nbsp;&nbsp;&nbsp; Astera Labs Inc <sup>\*</sup> | (234) | (21) |
| &nbsp;&nbsp;&nbsp; Badger Meter Inc  | (165) | (41) |
| &nbsp;&nbsp;&nbsp; Broadcom Inc  | (10053) | (2434) |
| &nbsp;&nbsp;&nbsp; CDW Corp/DE  | (262) | (47) |
| &nbsp;&nbsp;&nbsp; Ciena Corp <sup>\*</sup> | (329) | (26) |
| &nbsp;&nbsp;&nbsp; Cirrus Logic Inc <sup>\*</sup> | (221) | (22) |
| &nbsp;&nbsp;&nbsp; Cisco Systems Inc  | (9602) | (605) |
| &nbsp;&nbsp;&nbsp; Coherent Corp <sup>\*</sup> | (392) | (30) |
| &nbsp;&nbsp;&nbsp; Corning Inc  | (1592) | (79) |
| &nbsp;&nbsp;&nbsp; Credo Technology Group Holding Ltd <sup>\*</sup> | (461) | (28) |
| &nbsp;&nbsp;&nbsp; Dell Technologies Inc, Cl C  | (478) | (53) |
| &nbsp;&nbsp;&nbsp; Enphase Energy Inc <sup>\*</sup> | (129) | (5) |
| &nbsp;&nbsp;&nbsp; Entegris Inc  | (255) | (18) |
| &nbsp;&nbsp;&nbsp; F5 Inc <sup>\*</sup> | (125) | (36) |
| &nbsp;&nbsp;&nbsp; Fabrinet <sup>\*</sup> | (145) | (34) |
| &nbsp;&nbsp;&nbsp; First Solar Inc <sup>\*</sup> | (142) | (22) |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co  | (3213) | (56) |
| &nbsp;&nbsp;&nbsp; HP Inc  | (1825) | (45) |
| &nbsp;&nbsp;&nbsp; Intel Corp  | (9492) | (186) |
| &nbsp;&nbsp;&nbsp; Jabil Inc  | (379) | (64) |
| &nbsp;&nbsp;&nbsp; Juniper Networks Inc  | (475) | (17) |
| &nbsp;&nbsp;&nbsp; Keysight Technologies Inc <sup>\*</sup> | (529) | (83) |
| &nbsp;&nbsp;&nbsp; KLA Corp  | (321) | (243) |
| &nbsp;&nbsp;&nbsp; Lam Research Corp  | (2809) | (227) |
| &nbsp;&nbsp;&nbsp; Lattice Semiconductor Corp <sup>\*</sup> | (31) | (1) |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings Inc <sup>\*</sup> | (331) | (40) |
| &nbsp;&nbsp;&nbsp; Marvell Technology Inc  | (2260) | (136) |
| &nbsp;&nbsp;&nbsp; Microchip Technology Inc  | (972) | (56) |
| &nbsp;&nbsp;&nbsp; Micron Technology Inc  | (2710) | (256) |
| &nbsp;&nbsp;&nbsp; MKS Instruments Inc  | (270) | (22) |
| &nbsp;&nbsp;&nbsp; Monolithic Power Systems Inc  | (102) | (68) |
| &nbsp;&nbsp;&nbsp; Motorola Solutions Inc  | (461) | (191) |
| &nbsp;&nbsp;&nbsp; NetApp Inc  | (545) | (54) |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp  | (51888) | (7012) |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp <sup>\*</sup> | (983) | (41) |
| &nbsp;&nbsp;&nbsp; Onto Innovation Inc <sup>\*</sup> | (151) | (14) |
| &nbsp;&nbsp;&nbsp; Pure Storage Inc, Cl A <sup>\*</sup> | (588) | (32) |
| &nbsp;&nbsp;&nbsp; Qorvo Inc <sup>\*</sup> | (220) | (17) |
| &nbsp;&nbsp;&nbsp; QUALCOMM Inc  | (2585) | (375) |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions Inc  | (374) | (26) |
| &nbsp;&nbsp;&nbsp; Super Micro Computer Inc <sup>\*</sup> | (1147) | (46) |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp  | (265) | (32) |
| &nbsp;&nbsp;&nbsp; Teledyne Technologies Inc <sup>\*</sup> | (84) | (42) |
| &nbsp;&nbsp;&nbsp; Teradyne Inc  | (212) | (17) |
| &nbsp;&nbsp;&nbsp; Texas Instruments Inc  | (2011) | (368) |
| &nbsp;&nbsp;&nbsp; Trimble Inc <sup>\*</sup> | (688) | (49) |
| &nbsp;&nbsp;&nbsp; Universal Display Corp  | (166) | (24) |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Market Value<br> ($ Thousands) |
| **COMMON STOCK SOLD SHORT (continued)** | **COMMON STOCK SOLD SHORT (continued)** | **COMMON STOCK SOLD SHORT (continued)** |
| &nbsp;&nbsp;&nbsp; Western Digital Corp <sup>\*</sup> | (626) | $(32) |
| &nbsp;&nbsp;&nbsp; Zebra Technologies Corp, Cl A <sup>\*</sup> | (212) | (61) |
|  |  | (20142) |
|  Total Common Stock Sold Short |  |  |
| &nbsp;&nbsp;&nbsp; (Proceeds $21,970) ($ Thousands) |  | (24964) |
| Total Investments Sold Short — (3.2)% |  |  |
| &nbsp;&nbsp;&nbsp; (Proceeds $21,970) ($ Thousands)  | &nbsp;&nbsp;&nbsp; (Proceeds $21,970) ($ Thousands)  | $(24964) |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Multi-Asset Real Return Fund** (Continued)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: | A list of the open futures contracts held by the Fund at May 31, 2025, is as follows: |
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Brent Crude^ | 15 | Nov-2025 | $1086 | $920 | $(166) |
| &nbsp;&nbsp; Brent Crude^ | 87 | Sep-2025 | 5986 | 5399 | (587) |
| &nbsp;&nbsp; Brent Crude^ | 15 | Mar-2026 | 945 | 927 | (18) |
| &nbsp;&nbsp; Brent Crude^ | 30 | Jan-2026 | 1927 | 1845 | (82) |
| &nbsp;&nbsp; Coffee C^ | 4 | Mar-2026 | 548 | 497 | (51) |
| &nbsp;&nbsp; Coffee C^ | 7 | Dec-2025 | 893 | 881 | (12) |
| &nbsp;&nbsp; Coffee C^ | 3 | Jul-2025 | 312 | 385 | 73 |
| &nbsp;&nbsp; Coffee C^ | 4 | Sep-2025 | 460 | 510 | 50 |
| &nbsp;&nbsp; Coffee C^ | 8 | Jul-2025 | 1130 | 1027 | (103) |
| &nbsp;&nbsp; Copper^ | 14 | Dec-2025 | 1631 | 1680 | 49 |
| &nbsp;&nbsp; Copper^ | 7 | Sep-2025 | 779 | 827 | 48 |
| &nbsp;&nbsp; Copper^ | 31 | Jul-2025 | 3570 | 3625 | 55 |
| &nbsp;&nbsp; Copper^ | 7 | Mar-2026 | 842 | 851 | 9 |
| &nbsp;&nbsp; Corn^ | 72 | Dec-2025 | 1624 | 1578 | (46) |
| &nbsp;&nbsp; Corn^ | 351 | Jul-2025 | 8111 | 7793 | (318) |
| &nbsp;&nbsp; Corn^ | 35 | Mar-2026 | 799 | 795 | (4) |
| &nbsp;&nbsp; Corn^ | 37 | Sep-2025 | 841 | 783 | (58) |
| &nbsp;&nbsp; Cotton No. 2^ | 19 | Dec-2025 | 656 | 643 | (13) |
| &nbsp;&nbsp; Cotton No. 2^ | 6 | Mar-2026 | 210 | 207 | (3) |
| &nbsp;&nbsp; Cotton No. 2^ | 8 | Jul-2025 | 275 | 261 | (14) |
| &nbsp;&nbsp; Feeder Cattle^ | 3 | Aug-2025 | 459 | 448 | (11) |
| &nbsp;&nbsp; Gasoline^ | 20 | Jul-2025 | 1664 | 1693 | 29 |
| &nbsp;&nbsp; Gasoline^ | 4 | Nov-2025 | 311 | 294 | (17) |
| &nbsp;&nbsp; Gasoline^ | 9 | Jan-2026 | 652 | 644 | (8) |
| &nbsp;&nbsp; Gasoline^ | 4 | Sep-2025 | 369 | 328 | (41) |
| &nbsp;&nbsp; Gasoline^ | 47 | Jul-2025 | 4046 | 3978 | (68) |
| &nbsp;&nbsp; Gold^ | 8 | Feb-2026 | 2736 | 2716 | (20) |
| &nbsp;&nbsp; Gold^ | 48 | Aug-2025 | 15263 | 15915 | 652 |
| &nbsp;&nbsp; Gold^ | 25 | Dec-2025 | 7562 | 8424 | 862 |
| &nbsp;&nbsp; KC HRW Wheat^ | 18 | Dec-2025 | 556 | 512 | (44) |
| &nbsp;&nbsp; KC HRW Wheat^ | 9 | Sep-2025 | 263 | 246 | (17) |
| &nbsp;&nbsp; KC HRW Wheat^ | 11 | Jul-2025 | 312 | 293 | (19) |
| &nbsp;&nbsp; KC HRW Wheat^ | 9 | Mar-2026 | 259 | 264 | 5 |
| &nbsp;&nbsp; Lean Hogs^ | 10 | Feb-2026 | 324 | 334 | 10 |
| &nbsp;&nbsp; Lean Hogs^ | 9 | Oct-2025 | 307 | 320 | 13 |
| &nbsp;&nbsp; Lean Hogs^ | 20 | Dec-2025 | 583 | 646 | 63 |
| &nbsp;&nbsp; Lean Hogs^ | 121 | Jul-2025 | 4996 | 5078 | 82 |
| &nbsp;&nbsp; Live Cattle^ | 7 | Oct-2025 | 534 | 581 | 47 |
| &nbsp;&nbsp; Live Cattle^ | 35 | Aug-2025 | 2948 | 2930 | (18) |
| &nbsp;&nbsp; Live Cattle^ | 7 | Feb-2026 | 582 | 582 |  |
| &nbsp;&nbsp; Live Cattle^ | 11 | Aug-2025 | 865 | 921 | 56 |
| &nbsp;&nbsp; Live Cattle^ | 13 | Dec-2025 | 1015 | 1082 | 67 |
| &nbsp;&nbsp; LME Lead^ | 3 | Nov-2025 | 155 | 148 | (7) |
| &nbsp;&nbsp; LME Lead^ | 3 | Sep-2025 | 150 | 147 | (3) |
| &nbsp;&nbsp; LME Lead^ | 9 | Jul-2025 | 438 | 439 | 1 |
| &nbsp;&nbsp; LME Lead^ | 5 | Jan-2026 | 243 | 248 | 5 |
| &nbsp;&nbsp; LME Nickel^ | 4 | Sep-2025 | 387 | 367 | (20) |
| &nbsp;&nbsp; LME Nickel^ | 4 | Nov-2025 | 406 | 370 | (36) |
| &nbsp;&nbsp; LME Nickel^ | 1 | Jul-2025 | 98 | 91 | (7) |
| &nbsp;&nbsp; LME Nickel^ | 13 | Dec-2025 | 1254 | 1206 | (48) |
| &nbsp;&nbsp; LME Nickel^ | 7 | Jan-2026 | 642 | 653 | 11 |
| &nbsp;&nbsp; LME Primary Aluminum^ | 9 | Nov-2025 | 600 | 553 | (47) |
| &nbsp;&nbsp; LME Primary Aluminum^ | 48 | Sep-2025 | 2969 | 2937 | (32) |
| &nbsp;&nbsp; LME Primary Aluminum^ | 5 | Jul-2025 | 311 | 304 | (7) |
| &nbsp;&nbsp; LME Primary Aluminum^ | 19 | Jan-2026 | 1158 | 1174 | 16 |

---

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| &nbsp;&nbsp; LME Zinc^ | 20 | Jul-2025 | $1336 | $1306 | $(30) |
| &nbsp;&nbsp; LME Zinc^ | 5 | Nov-2025 | 366 | 329 | (37) |
| &nbsp;&nbsp; LME Zinc^ | 9 | Jan-2026 | 598 | 595 | (3) |
| &nbsp;&nbsp; LME Zinc^ | 19 | Sep-2025 | 1278 | 1247 | (31) |
| &nbsp;&nbsp; Low Sulphur Gasoil^ | 23 | Jul-2025 | 1403 | 1359 | (44) |
| &nbsp;&nbsp; Low Sulphur Gasoil^ | 6 | Sep-2025 | 420 | 354 | (66) |
| &nbsp;&nbsp; Low Sulphur Gasoil^ | 6 | Nov-2025 | 383 | 353 | (30) |
| &nbsp;&nbsp; Low Sulphur Gasoil^ | 12 | Jan-2026 | 710 | 701 | (9) |
| &nbsp;&nbsp; Natural Gas^ | 55 | Jan-2026 | 2784 | 2637 | (147) |
| &nbsp;&nbsp; Natural Gas^ | 33 | Nov-2025 | 1580 | 1314 | (266) |
| &nbsp;&nbsp; Natural Gas^ | 196 | Jul-2025 | 7433 | 6756 | (677) |
| &nbsp;&nbsp; Natural Gas^ | 37 | Sep-2025 | 1476 | 1298 | (178) |
| &nbsp;&nbsp; NY Harbor ULSD^ | 3 | Nov-2025 | 272 | 254 | (18) |
| &nbsp;&nbsp; NY Harbor ULSD^ | 3 | Sep-2025 | 289 | 252 | (37) |
| &nbsp;&nbsp; NY Harbor ULSD^ | 24 | Jul-2025 | 2127 | 2021 | (106) |
| &nbsp;&nbsp; NY Harbor ULSD^ | 6 | Jan-2026 | 516 | 508 | (8) |
| &nbsp;&nbsp; NYMEX Cocoa^ | 4 | Sep-2025 | 351 | 369 | 18 |
| &nbsp;&nbsp; NYMEX Cocoa^ | 21 | Jul-2025 | 2094 | 2056 | (38) |
| &nbsp;&nbsp; Palladium^ | 21 | Sep-2025 | 2049 | 2034 | (15) |
| &nbsp;&nbsp; Platinum^ | 42 | Jul-2025 | 2239 | 2215 | (24) |
| &nbsp;&nbsp; Silver^ | 14 | Jul-2025 | 2276 | 2311 | 35 |
| &nbsp;&nbsp; Silver^ | 4 | Mar-2026 | 677 | 682 | 5 |
| &nbsp;&nbsp; Silver^ | 5 | Sep-2025 | 823 | 833 | 10 |
| &nbsp;&nbsp; Silver^ | 9 | Dec-2025 | 1478 | 1519 | 41 |
| &nbsp;&nbsp; Soybean^ | 34 | Jan-2026 | 1750 | 1769 | 19 |
| &nbsp;&nbsp; Soybean^ | 80 | Jul-2025 | 4186 | 4166 | (20) |
| &nbsp;&nbsp; Soybean^ | 35 | Nov-2025 | 1834 | 1797 | (37) |
| &nbsp;&nbsp; Soybean Meal^ | 34 | Jul-2025 | 1033 | 1008 | (25) |
| &nbsp;&nbsp; Soybean Meal^ | 32 | Dec-2025 | 1022 | 988 | (34) |
| &nbsp;&nbsp; Soybean Meal^ | 32 | Jan-2026 | 981 | 996 | 15 |
| &nbsp;&nbsp; Soybean Oil^ | 38 | Dec-2025 | 1043 | 1087 | 44 |
| &nbsp;&nbsp; Soybean Oil^ | 139 | Jul-2025 | 4118 | 3911 | (207) |
| &nbsp;&nbsp; Soybean Oil^ | 38 | Jan-2026 | 1082 | 1089 | 7 |
| &nbsp;&nbsp; Soybean Oil^ | 13 | Jul-2025 | 357 | 366 | 9 |
| &nbsp;&nbsp; Sugar No. 11^ | 19 | Sep-2025 | 387 | 367 | (20) |
| &nbsp;&nbsp; Sugar No. 11^ | 46 | Jul-2025 | 906 | 878 | (28) |
| &nbsp;&nbsp; Sugar No. 11^ | 58 | Feb-2026 | 1204 | 1149 | (55) |
| &nbsp;&nbsp; U.S. 2-Year Treasury Note | 265 | Sep-2025 | 54945 | 54971 | 26 |
| &nbsp;&nbsp; U.S. 5-Year Treasury Note | 420 | Sep-2025 | 45144 | 45439 | 295 |
| &nbsp;&nbsp; Wheat^ | 15 | Sep-2025 | 433 | 411 | (22) |
| &nbsp;&nbsp; Wheat^ | 10 | Jul-2025 | 289 | 267 | (22) |
| &nbsp;&nbsp; Wheat^ | 14 | Mar-2026 | 406 | 414 | 8 |
| &nbsp;&nbsp; Wheat^ | 28 | Dec-2025 | 840 | 799 | (41) |
| &nbsp;&nbsp; WTI Crude Oil^ | 28 | Jan-2026 | 1647 | 1628 | (19) |
| &nbsp;&nbsp; WTI Crude Oil^ | 14 | Nov-2025 | 894 | 815 | (79) |
| &nbsp;&nbsp; WTI Crude Oil^ | 14 | Sep-2025 | 983 | 826 | (157) |
| &nbsp;&nbsp; WTI Crude Oil^ | 133 | Jul-2025 | 8167 | 8085 | (82) |
|  |  |  | 256651 | 254829 | (1822) |
| Short Contracts |  |  |  |  |  |
| &nbsp;&nbsp; Cotton No. 2^ | (75) | Jul-2025 | $(2467) | $(2440) | $27 |
| &nbsp;&nbsp; E-mini S&P Select Sector Consumer Discretionary | (352) | Jun-2025 | (71244) | (76137) | (4893) |
| &nbsp;&nbsp; KC HRW Wheat^ | (22) | Jul-2025 | (605) | (587) | 18 |
| &nbsp;&nbsp; LME Lead^ | (45) | Sep-2025 | (2209) | (2209) |  |
| &nbsp;&nbsp; Low Sulphur Gasoil^ | (29) | Jul-2025 | (1797) | (1713) | 84 |
| &nbsp;&nbsp; MSCI EAFE Index | (94) | Jun-2025 | (11812) | (12242) | (430) |
| &nbsp;&nbsp; S&P 500 Index E-MINI | (84) | Jun-2025 | (24144) | (24847) | (703) |
| &nbsp;&nbsp; S&P 500 Materials Sector Index | (129) | Jun-2025 | (11805) | (11811) | (6) |
| &nbsp;&nbsp; Soybean Meal^ | (41) | Jul-2025 | (1196) | (1215) | (19) |
| &nbsp;&nbsp; U.S. Ultra Long Treasury Bond | (1) | Sep-2025 | (116) | (116) |  |

---

------

SEI Institutional Investments Trust

**CONSOLIDATED SCHEDULE OF INVESTMENTS** 

May 31, 2025

**Multi-Asset Real Return Fund** (Concluded)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value<br> (Thousands)** | **Unrealized Appreciation <br> (Depreciation)(Thousands)** |
| &nbsp;&nbsp; Ultra 10-Year U.S. Treasury Note | (79) | Sep-2025 | $(8902) | $(8891) | $11 |
| &nbsp;&nbsp; Wheat^ | (7) | Jul-2025 | (190) | (187) | 3 |
|  |  |  | (136487) | (142395) | (5908) |
|  |  |  | $120164 | $112434 | $(7730) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: | A list of the open forward foreign currency contracts held by the Fund at May 31, 2025, is as follows: |
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Thousands)** |
| Brown Brothers Harriman | 07/09/25 | USD | 683 | EUR | 601 | $1 |
| Brown Brothers Harriman | 07/09/25 | USD | 181 | EUR | 159 |  |
| Morgan Stanley | 07/09/25 | EUR | 1312 | USD | 1496 | 3 |
|  |  |  |  |  |  | $4 |

---

A list of the open centrally cleared swap agreements held by the Fund at May 31, 2025, is as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swap - Buy Protection** | **Credit Default Swap - Buy Protection** | **Credit Default Swap - Buy Protection** | **Credit Default Swap - Buy Protection** | **Credit Default Swap - Buy Protection** | **Credit Default Swap - Buy Protection** | **Credit Default Swap - Buy Protection** | |
| **Reference Entity/ Obligation** | **Pay Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Thousands)** |
| ITRAXX.AUSTRALIA.S43 | 1.00% | Quarterly | 06/20/2030 | $11289 | $(123) | $(124) | $1 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | **Credit Default Swap - Sell Protection** | |
| **Reference Entity/ Obligation** | **Receive Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Thousands)** |
| CDX.NA.IG.S44.V1.5Y | 1.00% | Quarterly | 06/20/2030 | $11289 | $226 | $217 | $9 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** |
| **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| 2.401% | CPI | Annually | 07/15/2028 | USD | 82145 | $2366 | $– | $2366 |
| 1.9795% | SOFR | Annually | 06/09/2025 | USD | 1240 | 1 | 1 |  |
| 2.4095% | SOFR | Annually | 11/10/2035 | USD | 1300 | 167 | 146 | 21 |
| 1.9550% | SOFR | Annually | 08/04/2025 | USD | 1833 | 8 | 8 |  |
| 1.1650% | SOFR | Annually | 10/04/2026 | USD | 7010 | 251 | 276 | (25) |
| 2.2275% | SOFR | Annually | 04/04/2027 | USD | 3640 | 98 | 123 | (25) |
| 1.9950% | SOFR | Annually | 07/12/2027 | USD | 720 | 25 | 30 | (5) |
| 1.7600% | SOFR | Annually | 06/04/2029 | USD | 5145 | 351 | 393 | (42) |
| 1.2925% | SOFR | Annually | 09/27/2029 | USD | 2440 | 225 | 240 | (15) |
| 0.0275% | SOFR | Annually | 06/05/2027 | USD | 15050 | 1070 | 1146 | (76) |
| 1.4550% | SOFR | Annually | 11/08/2026 | USD | 1040 | 35 | 39 | (4) |
| 1.4725% | SOFR | Annually | 11/09/2026 | USD | 1230 | 41 | 46 | (5) |
| 1.3945% | SOFR | Annually | 05/21/2031 | USD | 17160 | 2085 | 2068 | 17 |
|  |  |  |  |  |  | $6723 | $4516 | $2207 |

---

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $781,955 ($ Thousands). |
| \* | Non-income producing security. |
| <sup>‡</sup> | Real Estate Investment Trust. |
| <sup>‡</sup><sup>‡</sup> | Expiration date not available. |
| ^ | Security, or a portion thereof, is held by MARR Commodity Strategy Subsidiary, Ltd. As of May 31, 2025. |
| (A) | Interest rate represents the security's effective yield at the time of purchase. |
| (B) | Security, or a portion thereof, has been pledged as collateral on open futures contracts. The total market value of such securities as of May 31, 2025 was $6,825 ($ Thousands). |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

(C) Variable or floating
 rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published
 reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based
 on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.

(D) Security, or portion
 thereof, has been pledged as collateral on securities sold short. The total market value of such securities as of May 31, 2025 was $56,721
 ($ Thousands).

------

SEI Institutional Investments Trust

(E) Security, or a portion
 thereof, 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 May 31, 2025, the value of these securities amounted to $68,639 ($ Thousands),
 representing 8.8% of the Net Assets of the Fund.

(F) Security is in default
 on interest payment.

(G) Perpetual security
 with no stated maturity date.

(H) Zero coupon security.

(I) Security, or a portion
 thereof, has been pledged as collateral on open swap contracts. The total market value of such securities as of May 31, 2025 was $3,824
 ($ Thousands).

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of May 31, 2025, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
|  **Investments in Securities** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations |  | 424834 |  | 424834 |
| &nbsp;&nbsp;&nbsp; Common Stock | 221928 |  |  | 221928 |
| &nbsp;&nbsp;&nbsp; Corporate Obligations |  | 49928 |  | 49928 |
| &nbsp;&nbsp;&nbsp; Asset-Backed Securities |  | 26105 |  | 26105 |
| &nbsp;&nbsp;&nbsp; Mortgage-Backed Securities |  | 22417 |  | 22417 |
| &nbsp;&nbsp;&nbsp; U.S. Government Agency Obligations |  | 9991 |  | 9991 |
| &nbsp;&nbsp;&nbsp; Sovereign Debt |  | 1229 |  | 1229 |
| &nbsp;&nbsp;&nbsp; Rights | – | – |  | – |
|  Total Investments in Securities | 221928 | 534504 |  | 756432 |
| **Securities Sold Short** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stock | (24964 | – |  | (24964 |
|  Total Securities Sold Short | (24964 | – |  | (24964 |

---

^ This category includes securities with a value of $0.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1 ($)** | **Level 2 ($)** | **Level 3 ($)** | **Total ($)** |
| &nbsp;&nbsp;&nbsp; Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation | 2878 |  |  | 2878 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | (10608) |  |  | (10608) |
| &nbsp;&nbsp;&nbsp; Forward Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation |  | 4 |  | 4 |
| &nbsp;&nbsp;&nbsp; Centrally Cleared Swaps |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Credit Default Swaps\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation |  | 10 |  | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Swaps\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Appreciation |  | 2404 |  | 2404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized Depreciation | – | (197) |  | (197) |
| Total Other Financial Instruments | (7730) | 2221 |  | (5509) |

---

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

For more information on valuation inputs, see Note 2 – Significant Accounting Policies in Notes to Financial Statements.

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

See "Glossary" for abbreviations.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**SCHEDULE OF INVESTMENTS** 

May 31, 2025

---

| |
|:---|
| **Currency Abbreviations** |
| AUD — Australian Dollar |
| BRL — Brazilian Real |
| CAD — Canadian Dollar |
| CHF — Swiss Franc |
| CLP — Chilean Peso |
| CNY — Chinese Yuan Onshore |
| COP — Colombian Peso |
| CZK — Czech Koruna |
| DKK — Danish Krone |
| DOP — Dominican Peso |
| EGP — Egyptian Pound |
| EUR — Euro |
| GBP — British Pound |
| GHS — Ghanaian Cedi |
| HKD — Hong Kong Dollar |
| HUF — Hungarian Forint |
| IDR — Indonesian Rupiah |
| ILS — Israeli New Sheckels |
| INR — Indian Rupee |
| JPY — Japanese Yen |
| KRW — Korean Won |
| KZT — Kazakhstani Tenge |
| MXN — Mexican Peso |
| MYR — Malaysian Ringgit |
| NGN — Nigerian Naira |
| NOK — Norwegian Krone |
| NZD — New Zealand Dollar |
| PEN — Peruvian Nuevo Sol |
| PHP— Philippine Peso |
| PLN — Polish Zloty |
| RON — Romanian Leu |
| RSD — Serbian Dinar |
| RUB — Russian Ruble |
| SEK — Swedish Krona |
| SGD — Singapore Dollar |
| THB — Thai Baht |
| TRY — Turkish Lira |
| TWD — Taiwan Dollar |
| UAH — Ukrainian Hryvnia |
| UGX — Ugandan Shilling |
| USD — U.S. Dollar |
| UYU — Uruguayan Peso |
| ZAR — South African Rand |
| ZMW — Zambian Zwacha |

---

---

| |
|:---|
| **Portfolio Abbreviations** |
| ADR — American Depositary Receipt |
| ARM — Adjustable Rate Mortgage |
| BPS — Basis Points |
| BUBOR — Budapest Interbank Offered Rate |
| CETIP — Central of Custody and Financial Settlement of Securities |
| Cl — Class |
| CLICP — Chile Indice de Camara Promedio Interbank Overnight Index |
| CLO — Collateralized Loan Obligation |
| CMO — Collateralized Mortgage Obligation |
| CNRR007 — 7-Day China Fixing Repo Rates |
| DAC — Designated Activity Company |
| ETF — Exchange-Traded Fund |
| EURIBOR — Euro London Interbank Offered Rate |
| FBIL — Financial Benchmarks India Pvt. Ltd. |
| FFCB — Federal Farm Credit Bank |
| FHLB — Federal Home Loan Bank |
| FHLMC — Federal Home Loan Mortgage Corporation |
| FNMA — Federal National Mortgage Association |
| GDR — Global Depositary Receipt |
| GNMA — Government National Mortgage Association |
| IBR — Reference Bank Indicator |
| IO — Interest Only — face amount represents notional amount |
| JIBAR — Johannesburg Interbank Average Rate |
| JSC — Joint-Stock Company |
| LIBOR— London Interbank Offered Rate |
| LLLP — Limited Liability Limited Partnership |
| LP — Limited Partnership |
| MEXIBOR — Mexican Interbank Offered Rate |
| MIBOR — Mumbai Interbank Overnight Rate |
| MTN — Medium Term Note |
| MXN - TIIE — Mexican Interbank TIIE 28-Day |
| NVDR — Non-Voting Depository Receipt |
| OIS — Overnight Index Swap |
| OMO — Open Market Operation |
| OTC — Over The Counter |
| PIK — Payment-in-Kind |
| PJSC — Public Joint-Stock Company |
| PO — Principal Only |
| PRIBOR — Prague Interbank Offered Rate |
| QPSC — Qatari Joint-Stock Company |
| RB — Revenue Bond |
| REIT — Real Estate Investment Trust |
| Ser — Series |
| SOFR — Secured Overnight Financing Rate |
| SOFR30A — Secured Overnight Financing Rate 30-day Average |
| SOFRINDX — Custom SOFR Index |
| SONIA — Sterling Overnight Index Average |
| TBA — To Be Announced |
| TELBOR — Tel Aviv Interbank Offered Rate |
| THOR — Thai Overnight Repurchase Rate |
| TSFR1M — Term Secured Overnight Financing Rate 1 Month |
| TSFR3M — Term Secured Overnight Financing Rate 3 Month |
| UMBS — Uniform Mortgage-Backed Securities |
| WIBOR— Warsaw Interbank Offered Rate |

---

------

SEI Institutional Investments Trust

(This page intentionally left blank)

**STATEMENTS OF ASSETS AND LIABILITIES ($ Thousands)** 

May 31, 2025

---

| | | |
|:---|:---|:---|
| | **Large Cap Fund** | **Large Cap Disciplined Equity Fund** |
| **Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments, at value <sup>†</sup> | $784495 | $1256965 |
| &nbsp;&nbsp;&nbsp;&nbsp; Affiliated investments, at value <sup>†</sup><sup>†</sup> | 16737 | 56195 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash and cash equivalents |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash pledged as collateral on futures contracts | 903 | 3159 |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for fund shares sold | 216 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends and interest receivable | 1091 | 1600 |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for investment securities sold | 619 | 524 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign tax reclaim receivable | 125 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp; Swap contracts, at value <sup>†</sup><sup>†</sup><sup>†</sup><sup>†</sup> |  | 1186 |
| &nbsp;&nbsp;&nbsp;&nbsp; Prepaid expenses | 8 | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 804194 | 1319666 |
| **Liabilities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for investment securities purchased | 349 | 566 |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for fund shares redeemed | 157 | 763 |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for variation margin on futures contracts | 23 | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable to custodian - overdraft | 6 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment advisory fees payable | 107 | 176 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian fees payable | 8 | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp; Trustees fees payable | 6 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp; CCO fees payable | 2 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp; Rating fees payable |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued expense payable | 20 | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 678 | 1619 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Assets | $803516 | $1318047 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup> Cost of investments | $555680 | $939842 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup><sup>†</sup> Cost of affiliated investments | 16737 | 56195 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup><sup>†</sup><sup>†</sup><sup>†</sup> Cost (Premiums received) |  |  |
| **Net Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Paid-in Capital — (unlimited authorization — no par value) | $504240 | $956415 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total distributable earnings | 299276 | 361632 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Assets | $803516 | $1318047 |
| Net Asset Value, Offering and Redemption Price Per Share — Class A | $15.43 | $10.62 |
|  | ($803,516,290 ÷ <br> 52,070,808 shares) | ($1,318,047,417 ÷ <br> 124,152,041 shares) |

---

Amounts designated as "—" are $0 or have been rounded to $0.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The accompanying notes are an integral part of the financial statements.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Large Cap Index Fund** | **S&P 500 Index Fund** | **Extended Market Index Fund** | **Small Cap Fund** | **Small Cap II Fund** | **Small/Mid Cap Equity Fund** | **U.S. Equity Factor Allocation Fund** |
| $1912419 | $4108810 | $1104230 | $244799 | $240301 | $798889 | $2479482 |
| 35408 | 67040 | 17029 | 5776 | 10894 | 36436 | 38528 |
|  |  | 4 | 3 | 2 |  | 8050 |
| 2737 | 5988 | 1304 | 334 | 789 | 1871 | 3071 |
| 105 | 76 | 155 | 94 | 234 | 779 | 5937 |
| 2124 | 4662 | 730 | 259 | 302 | 972 | 2646 |
|  |  |  | 534 | 577 | 1560 |  |
| 6 | 15 | 13 | 1 | 1 | 11 | 21 |
| 17 | 40 | 11 | 2 | 3 | 8 | 20 |
| 1952816 | 4186631 | 1123476 | 251802 | 253103 | 840526 | 2537755 |
|  |  |  | 410 | 809 | 1959 |  |
| 316 | 9164 | 956 | 1 |  | 387 | 1984 |
| 64 | 95 | 68 | 17 | 41 | 107 | 46 |
| 3 |  |  |  |  | 11 |  |
| 16 | 35 | 29 | 85 | 79 | 262 |  |
| 17 | 40 | 47 | 2 | 3 | 8 | 6 |
| 14 | 31 | 8 | 2 | 2 | 6 | 17 |
| 6 | 13 | 3 | 1 | 1 | 3 | 7 |
| 87 | 133 | 11 |  |  |  |  |
| 49 | 99 | 32 | 6 | 7 | 20 | 55 |
| 572 | 9610 | 1154 | 524 | 942 | 2763 | 2115 |
| $1952244 | $4177021 | $1122322 | $251278 | $252161 | $837763 | $2535640 |
| $494425 | $1261193 | $705385 | $217775 | $206860 | $695734 | $2028701 |
| 35165 | 67040 | 16187 | 5776 | 10894 | 36436 | 38528 |
| $456997 | $1240840 | $705292 | $210222 | $213227 | $704754 | $2018998 |
| 1495247 | 2936181 | 417030 | 41056 | 38934 | 133009 | 516642 |
| $1952244 | $4177021 | $1122322 | $251278 | $252161 | $837763 | $2535640 |
| $197.21 | $20.01 | $17.15 | $13.25 | $10.38 | $9.64 | $14.73 |
| ($1,952,243,961 ÷ <br> 9,899,092 shares) | ($4,177,020,936 ÷ <br> 208,754,333 shares) | ($1,122,322,408 ÷ <br> 65,427,790 shares) | ($251,277,683 ÷ <br> 18,967,821 shares) | ($252,161,401 ÷ <br> 24,290,707 shares) | ($837,763,390 ÷ <br> 86,890,663 shares) | ($2,535,640,316 ÷ <br> 172,092,026 shares) |

---

------

SEI Institutional Investments Trust

**STATEMENTS OF ASSETS AND LIABILITIES ($ Thousands)** 

May 31, 2025

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| | **U.S. Managed Volatility Fund** | **Global Managed Volatility Fund** |
| **Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments, at value <sup>†</sup> | $686024 | $2056669 |
| &nbsp;&nbsp;&nbsp;&nbsp; Affiliated investments, at value <sup>†</sup><sup>†</sup> | 12903 | 17023 |
| &nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreements<sup>†</sup> |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash and cash equivalents |  | 4022 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash pledged as collateral on OTC swap contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash pledged as collateral on futures contracts | 417 | 735 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash pledged as collateral for TBA commitments |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign currency, at value <sup>†</sup><sup>†</sup><sup>†</sup> | 809 | 4445 |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for fund shares sold | 60 | 77 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends and interest receivable | 1321 | 6395 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign tax reclaim receivable | 7 | 6193 |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for investment securities sold |  | 159 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized gain on forward foreign currency contracts |  | 1040 |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized gain on foreign spot currency contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Swap contracts, at value <sup>†</sup><sup>†</sup><sup>†</sup><sup>†</sup> |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for variation margin on futures contracts |  | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due from broker |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Prepaid expenses | 7 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 701548 | 2096782 |
| **Liabilities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for fund shares redeemed | 442 | 3910 |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for variation margin on futures contracts | 6 | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for investment securities purchased |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Income distribution payable |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable to agent bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized loss on foreign currency spot contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized loss on forward foreign currency contracts |  | 1892 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment advisory fees payable | 106 | 389 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian fees payable | 7 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp; Trustees fees payable | 5 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp; CCO fees payable | 2 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to broker |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued expense payable | 19 | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued foreign capital gains tax on appreciated securities | – | – |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 587 | 6309 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Assets | $700961 | $2090473 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup> Cost of investments | $588761 | $1812323 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup><sup>†</sup> Cost of affiliated investments | 12903 | 17023 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup><sup>†</sup><sup>†</sup> Cost of foreign currency | 802 | 4437 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup><sup>†</sup><sup>†</sup><sup>†</sup> Cost (Premiums received) |  |  |
| **Net Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Paid-in Capital — (unlimited authorization — no par value) | $529852 | $1742519 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total distributable earnings (accumulated losses) | 171109 | 347954 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Assets | $700961 | $2090473 |
| Net Asset Value, Offering and Redemption Price Per Share — Class A | $11.70 | $12.13 |
|  | ($700,961,271 ÷ <br> 59,923,260 shares) | ($2,090,473,014 ÷ <br> 172,279,656 shares) |

---

Amounts designated as "—" are $0 or have been rounded to $0.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The accompanying notes are an integral part of the financial statements.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Emerging Markets Equity Fund** | **Opportunistic Income Fund** | **Core Fixed Income Fund** | **High Yield Bond Fund** | **Long Duration Fund** |
| $8113665 | $167364 | $742602 | $387973 | $9188450 | $1934749 | $486159 |
| 94585 | 4002 | 10577 | 16675 | 229146 | 46231 | 11325 |
|  |  |  | 8200 |  |  |  |
| 108115 | 2967 | 9898 | 325 | 754 | 393 | 81 |
| 17520 | 410 |  |  |  |  |  |
| 8155 | 379 | 436 |  | 4320 |  | 580 |
|  |  |  |  | 5212 |  |  |
| 16187 | 255 | 3343 |  |  |  |  |
| 11053 | 302 |  | 127 | 30656 | 4386 |  |
| 28499 | 547 | 3523 | 1841 | 48955 | 30113 | 5027 |
| 38010 | 623 | 91 | 4 | 368 | 143 | 20 |
| 37986 | 713 | 2599 | 1482 | 662415 | 11069 | 3770 |
|  | 1 |  |  |  |  |  |
|  |  | 62 |  |  |  |  |
| 18102 | 547 |  |  |  |  |  |
| 148 | 5 |  |  | 676 |  | 22 |
|  |  |  |  | 4 |  |  |
| 72 | 2 | 8 | 4 | 76 | 18 | 4 |
| 8492097 | 178117 | 773139 | 416631 | 10171032 | 2027102 | 506988 |
| 5357 | 720 | 643 | 23 | 404 | 286 | 1370 |
| 259 | 13 | 153 | 4 | 121 |  | 22 |
| 52193 | 1003 | 1835 | 9615 | 1298317 | 21180 | 10501 |
|  |  |  |  | 2258 | 712 |  |
|  |  |  | 36 |  |  |  |
| 51 | 1 |  |  |  |  |  |
|  | 8 |  |  |  | 40 |  |
| 1688 | 34 | 339 | 76 | 668 | 436 | 50 |
| 297 | 34 | 152 | 4 | 78 | 19 | 4 |
| 62 | 1 | 6 | 3 | 66 | 15 | 4 |
| 26 | 1 | 2 | 1 | 28 | 6 | 2 |
| 17520 | 410 |  |  | 10 |  |  |
| 188 | 8 | 19 | 60 | 318 | 97 | 32 |
| 2091 | 33 | 2564 | – | – | – | – |
| 79732 | 2266 | 5713 | 9822 | 1302268 | 22791 | 11985 |
| $8412365 | $175851 | $767426 | $406809 | $8868764 | $2004311 | $495003 |
| $6634451 | $145411 | $614375 | $398163 | $9406764 | $1906357 | $525999 |
| 94585 | 4002 | 10577 | 16675 | 229146 | 46231 | 11325 |
| 16111 | 254 | 3329 |  |  |  |  |
| $6572493 | $144759 | $623251 | $443562 | $10332113 | $2645959 | $700183 |
| 1839872 | 31092 | 144175 | (36753) | (1463349) | (641648) | (205180) |
| $8412365 | $175851 | $767426 | $406809 | $8868764 | $2004311 | $495003 |
| $13.74 | $12.44 | $10.16 | $8.05 | $8.77 | $7.05 | $5.73 |
| ($8,412,364,542 ÷ <br> 612,139,290 shares) | ($175,850,597 ÷ <br> 14,130,918 shares) | ($767,426,112 ÷ <br> 75,523,994 shares) | ($406,809,125 ÷ <br> 50,521,054 shares) | ($8,868,764,437 ÷ <br> 1,011,219,015 shares) | ($2,004,310,895 ÷ <br> 284,315,956 shares) | ($495,002,848 ÷ <br> 86,412,600 shares) |

---

------

SEI Institutional Investments Trust

**STATEMENTS OF ASSETS AND LIABILITIES / CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES ($ Thousands)** 

May 31, 2025

---

| | | |
|:---|:---|:---|
| | **Long Duration Credit Fund** | **Ultra Short Duration Bond Fund** |
| **Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments, at value <sup>†</sup> | $2951160 | $425555 |
| &nbsp;&nbsp;&nbsp;&nbsp; Affiliated investments, at value <sup>†</sup><sup>†</sup> | 36075 | 3102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreements<sup>†</sup> |  | 29500 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash and cash equivalents | 145 | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash pledged as collateral on OTC swap contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash pledged as collateral on futures contracts | 910 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash pledged as collateral on forward foreign currency contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash pledged as collateral on centrally cleared swap contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash pledged as collateral for TBA commitments |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign currency, at value <sup>†</sup><sup>†</sup><sup>†</sup> |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for fund shares sold |  | 34 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends and interest receivable | 36644 | 6642 |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for investment securities sold | 2738 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign tax reclaim receivable | 675 | 70 |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for variation margin on futures contracts | 135 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized gain on forward foreign currency contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized gain on foreign spot currency contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Swap contracts, at value <sup>†</sup><sup>†</sup><sup>†</sup><sup>†</sup> |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for variation margin on swap contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Due from broker |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Prepaid expenses | 30 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Assets | 3028512 | 465047 |
| **Liabilities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for investment securities purchased | 16786 | 8591 |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for fund shares redeemed | 725 | 789 |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for variation margin on futures contracts | 102 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Income distribution payable | 1 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for securities sold short@ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Swap contracts, at value <sup>†</sup><sup>†</sup><sup>†</sup><sup>†</sup> |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Options and swaptions written, at value ^^ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable to custodian - overdraft |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for variation margin on swap contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized loss on foreign currency spot contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unrealized loss on forward foreign currency contracts |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment advisory fees payable | 303 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp; Custodian fees payable | 30 | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp; Trustees fees payable | 23 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp; CCO fees payable | 10 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest payable |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to broker |  | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued expense payable | 103 | 46 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities | 18083 | 9504 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Assets | $3010429 | $455543 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup> Cost of investments | $3396776 | $455807 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup><sup>†</sup> Cost of affiliated investments | 36075 | 3102 |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup><sup>†</sup><sup>†</sup> Cost of foreign currency |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>†</sup><sup>†</sup><sup>†</sup><sup>†</sup> Cost (Premiums received) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; ^^ Premiums received from written options and swaptions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; @Proceeds from securities sold short |  |  |
| **Net Assets:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Paid-in Capital — (unlimited authorization — no par value) | $3897099 | $464770 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total distributable earnings (accumulated losses) | (886670) | (9227) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Assets | $3010429 | $455543 |
| Net Asset Value, Offering and Redemption Price Per Share — Class A | $7.58 | $9.97 |
|  | ($3,010,429,167 ÷ <br> 397,034,691 shares) | ($455,543,091 ÷ <br> 45,708,407 shares) |

---

Amounts designated as "—" are $0 or have been rounded to $0.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The accompanying notes are an integral part of the financial statements.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Emerging Markets Debt Fund** | **Real Return Fund** | **Limited Duration Bond Fund** | **Intermediate Duration Credit Fund** | **Dynamic Asset Allocation Fund** | **Multi-Asset Real Return Fund** |
| $1591721 | $252516 | $2055986 | $4070150 | $1316383 | $756432 |
|  |  | 129472 | 59986 | 19607 |  |
| 32454 | 1545 |  |  | 251281 | 34329 |
| 12003 |  |  |  | 16440 |  |
| 210 |  | 1425 |  | 28131 | 14615 |
| 9947 |  |  |  |  |  |
|  |  |  |  | 52122 |  |
|  |  | 872 |  |  |  |
| 3474 |  |  |  |  | 180 |
| 3303 | 558 | 5298 |  | 4360 | 796 |
| 36757 | 572 | 12616 | 43559 | 1359 | 1971 |
| 2817 |  | 21064 | 13582 |  | 910 |
|  |  | 180 |  | 5 | 1 |
| 1 |  | 48 | 79 |  | 813 |
| 7876 |  |  |  |  | 4 |
| 915 |  |  |  |  |  |
| 489 |  |  |  |  |  |
| 282 |  |  |  | 3442 | 62 |
| 315 |  |  |  |  |  |
| 16 | 2 | 20 | 38 | 11 | 7 |
| 1702580 | 255193 | 2226981 | 4187394 | 1693141 | 810120 |
| 12139 |  | 259241 | 59968 | 2608 |  |
| 323 | 1029 | 272 | 2956 | 1641 | 180 |
| 11 |  | 27 | 49 | 416 | 1426 |
|  |  | 27 |  |  |  |
|  |  |  |  |  | 24964 |
| 90 |  |  |  | 116 |  |
| 1059 |  |  |  | 3189 |  |
|  |  |  | 2 |  |  |
| 481 |  |  |  | 254 | 33 |
| 303 |  |  |  |  |  |
| 11064 |  |  |  |  |  |
| 509 |  | 135 | 420 | 14 | 118 |
| 162 | 4 | 19 | 38 | 4 | 7 |
| 13 | 2 | 15 | 32 | 12 | 6 |
| 5 | 1 | 6 | 13 | 5 | 2 |
|  |  | 25 |  |  |  |
|  |  |  |  |  | 1392 |
| 70 | 8 | 76 | 120 | 40 | 37 |
| 26229 | 1044 | 259843 | 63598 | 8299 | 28165 |
| $1676351 | $254149 | $1967138 | $4123796 | $1684842 | $781955 |
| $1594852 | $250208 | $2049946 | $4228485 | $461723 | $652265 |
|  |  | 129472 | 59986 | 19607 |  |
| 5760 |  |  |  |  | 180 |
| 936 |  |  |  |  |  |
| (1153) |  |  |  | (10179) |  |
|  |  |  |  |  | (21970) |
| $2082137 | $264514 | $2020886 | $4641132 | $658894 | $958769 |
| (405786) | (10365) | (53748) | (517336) | 1025948 | (176814) |
| $1676351 | $254149 | $1967138 | $4123796 | $1684842 | $781955 |
| $8.79 | $9.40 | $9.63 | $8.76 | $18.62 | $7.28 |
| ($1,676,350,905 ÷ <br> 190,746,250 shares) | ($254,148,519 ÷ <br> 27,051,195 shares) | ($1,967,138,314 ÷ <br> 204,284,284 shares) | ($4,123,795,591 ÷ <br> 470,863,365 shares) | ($1,684,842,254 ÷ <br> 90,489,165 shares) | ($781,954,500 ÷ <br> 107,384,199 shares) |

---

------

SEI Institutional Investments Trust

**STATEMENTS OF OPERATIONS ($ Thousands)** 

For the year ended May 31, 2025

---

| | | |
|:---|:---|:---|
| | **Large Cap Fund** | **Large Cap Disciplined Equity Fund** |
| **Investment Income:** |  |  |
| &nbsp;&nbsp;&nbsp; Dividends | $14069 | $18613 |
| &nbsp;&nbsp;&nbsp; Income from affiliated investments | 896 | 1942 |
| &nbsp;&nbsp;&nbsp; Interest income | 29 | 1380 |
| &nbsp;&nbsp;&nbsp; Security lending income — net<sup>(1)</sup> |  |  |
| &nbsp;&nbsp;&nbsp; Less: foreign taxes withheld | (76) | (83) |
| &nbsp;&nbsp;&nbsp; Total Investment Income | 14918 | 21852 |
| **Expenses:** |  |  |
| &nbsp;&nbsp;&nbsp; Investment advisory fees | 3299 | 5082 |
| &nbsp;&nbsp;&nbsp; Administration fees | 412 | 635 |
| &nbsp;&nbsp;&nbsp; Trustees' fees | 23 | 36 |
| &nbsp;&nbsp;&nbsp; Chief compliance officer fees | 7 | 11 |
| &nbsp;&nbsp;&nbsp; Custodian/wire agent fees | 34 | 51 |
| &nbsp;&nbsp;&nbsp; Professional fees | 31 | 50 |
| &nbsp;&nbsp;&nbsp; Proxy fees | 16 | 25 |
| &nbsp;&nbsp;&nbsp; Pricing fees | 13 | 16 |
| &nbsp;&nbsp;&nbsp; Registration fees | 11 | 18 |
| &nbsp;&nbsp;&nbsp; Printing fees | 8 | 13 |
| &nbsp;&nbsp;&nbsp; Licensing fees |  |  |
| &nbsp;&nbsp;&nbsp; Other expenses | 31 | 48 |
| &nbsp;&nbsp;&nbsp; Total Expenses | 3885 | 5985 |
| &nbsp;&nbsp;&nbsp; Less: |  |  |
| &nbsp;&nbsp;&nbsp; Waiver of investment advisory fees | (1979) | (3040) |
| &nbsp;&nbsp;&nbsp; Waiver of administration fees | (412) | (635) |
| &nbsp;&nbsp;&nbsp; Net Expenses | 1494 | 2310 |
| **Net Investment Income** | 13424 | 19542 |
|  **Net Realized Gain (Loss) on:** |  |  |
| &nbsp;&nbsp;&nbsp; Investments | 113394 | 137205 |
| &nbsp;&nbsp;&nbsp; Affiliated investments | (1) | (2) |
| &nbsp;&nbsp;&nbsp; Futures contracts | (712) | 1455 |
| &nbsp;&nbsp;&nbsp; Swap contracts | – | (2570) |
|  **Net Realized Gain** | 112681 | 136088 |
|  **Net Change in Unrealized Appreciation (Depreciation) on:** |  |  |
| &nbsp;&nbsp;&nbsp; Investments | (28073) | 5381 |
| &nbsp;&nbsp;&nbsp; Affiliated investments | 1 | 2 |
| &nbsp;&nbsp;&nbsp; Futures contracts | 848 | 1998 |
| &nbsp;&nbsp;&nbsp; Swap contracts |  | (2577) |
| &nbsp;&nbsp;&nbsp; Foreign currency translation of other assets and liabilities denominated in foreign currencies | 1 | – |
|  **Net Change in Unrealized Appreciation (Depreciation)** | (27223) | 4804 |
|  **Net Realized and Unrealized Gain (Loss)** | 85458 | 140892 |
|  **Net Increase in Net Assets Resulting from Operations** | $98882 | $160434 |

---

(1) Income is from the investment of collateral in an affiliated security.

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

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Large Cap Index Fund** | **S&P 500 Index Fund** | **Extended Market Index Fund** | **Small Cap Fund** | **Small Cap II Fund** | **Small/Mid Cap Equity Fund** | **U.S. Equity Factor Allocation Fund** |
| $23775 | $55219 | $12581 | $4278 | $4562 | $11717 | $29623 |
| 1835 | 3605 | 1147 | 247 | 344 | 1042 | 834 |
| 90 | 185 | 43 | 9 | 8 | 26 | 271 |
| 1 |  | 13 |  |  |  |  |
| (4) | (10) | (36) | (15) | (24) | (53) | (33) |
| 25697 | 58999 | 13748 | 4519 | 4890 | 12732 | 30695 |
| 914 | 1281 | 1371 | 1685 | 1741 | 5323 | 5118 |
| 914 | 2134 | 571 | 130 | 134 | 409 | 1024 |
| 51 | 119 | 32 | 7 | 7 | 23 | 58 |
| 15 | 35 | 10 | 2 | 2 | 7 | 18 |
| 74 | 168 | 45 | 11 | 11 | 33 | 29 |
| 73 | 164 | 44 | 10 | 10 | 32 | 84 |
| 34 | 80 | 21 | 5 | 5 | 15 | 38 |
| 29 | 49 | 33 | 11 | 8 | 13 | 29 |
| 26 | 63 | 17 | 3 | 4 | 12 | 21 |
| 18 | 42 | 11 | 3 | 3 | 8 | 21 |
| 199 | 861 | 115 |  |  |  |  |
| 68 | 160 | 44 | 10 | 12 | 31 | 73 |
| 2415 | 5156 | 2314 | 1877 | 1937 | 5906 | 6513 |
| (731) | (854) | (1029) | (660) | (742) | (2238) | (5118) |
| (914) | (2134) | (571) | (130) | (134) | (409) | (1024) |
| 770 | 2168 | 714 | 1087 | 1061 | 3259 | 371 |
| 24927 | 56831 | 13034 | 3432 | 3829 | 9473 | 30324 |
| 228305 | 423764 | 83778 | 24443 | 16363 | 66111 | 132607 |
| (7) |  | 46 |  | (2) |  |  |
| 2370 | 7436 | 1285 | 465 | (27) | (311) | 752 |
| – | – | – | – | – | – | – |
| 230668 | 431200 | 85109 | 24908 | 16334 | 65800 | 133359 |
| (10684) | 61487 | 18487 | (15915) | (18517) | (61759) | 114429 |
| 66 |  | 211 | (1) | 4 | (1) |  |
| 1094 | 2656 | 397 | (30) | 292 | 904 | 1185 |
| – | – | – | – | – | – | – |
| (9524) | 64143 | 19095 | (15946) | (18221) | (60856) | 115614 |
| 221144 | 495343 | 104204 | 8962 | (1887) | 4944 | 248973 |
| $246071 | $552174 | $117238 | $12394 | $1942 | $14417 | $279297 |

---

------

SEI Institutional Investments Trust

**STATEMENTS OF OPERATIONS ($ Thousands)** 

For the year ended May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| | **U.S. Managed Volatility Fund** | **Global Managed Volatility Fund** | **World Equity Ex-US Fund** |
| **Investment Income:** |  |  |  |
| &nbsp;&nbsp;&nbsp; Dividends | $18104 | $64593 | $276891 |
| &nbsp;&nbsp;&nbsp; Income from affiliated investments | 822 | 1259 | 5812 |
| &nbsp;&nbsp;&nbsp; Interest income | 16 | 413 | 4181 |
| &nbsp;&nbsp;&nbsp; Security lending income — net<sup>(1)</sup> |  | 2 | 180 |
| &nbsp;&nbsp;&nbsp; Less: foreign taxes withheld | (121) | (3225) | (24599) |
| &nbsp;&nbsp;&nbsp; Total Investment Income | 18821 | 63042 | 262465 |
| **Expenses:** |  |  |  |
| &nbsp;&nbsp;&nbsp; Investment advisory fees | 4192 | 12793 | 43105 |
| &nbsp;&nbsp;&nbsp; Administration fees | 364 | 984 | 3919 |
| &nbsp;&nbsp;&nbsp; Trustees' fees | 20 | 55 | 219 |
| &nbsp;&nbsp;&nbsp; Chief compliance officer fees | 6 | 16 | 65 |
| &nbsp;&nbsp;&nbsp; Custodian/wire agent fees | 29 | 182 | 1240 |
| &nbsp;&nbsp;&nbsp; Professional fees | 28 | 78 | 315 |
| &nbsp;&nbsp;&nbsp; Proxy fees | 14 | 37 | 147 |
| &nbsp;&nbsp;&nbsp; Pricing fees | 12 | 27 | 99 |
| &nbsp;&nbsp;&nbsp; Registration fees | 11 | 29 | 112 |
| &nbsp;&nbsp;&nbsp; Printing fees | 7 | 19 | 78 |
| &nbsp;&nbsp;&nbsp; Other expenses | 28 | 73 | 292 |
| &nbsp;&nbsp;&nbsp; Total Expenses | 4711 | 14293 | 49591 |
| &nbsp;&nbsp;&nbsp; Less: |  |  |  |
| &nbsp;&nbsp;&nbsp; Waiver of investment advisory fees | (2881) | (8463) | (24296) |
| &nbsp;&nbsp;&nbsp; Waiver of administration fees | (364) | (984) | (3919) |
| &nbsp;&nbsp;&nbsp; Net Expenses | 1466 | 4846 | 21376 |
| **Net Investment Income** | 17355 | 58196 | 241089 |
|  **Net Realized Gain (Loss) on:** |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments | 105626 | 181054 | 501670 |
| &nbsp;&nbsp;&nbsp; Affiliated investments |  | 3 | (46) |
| &nbsp;&nbsp;&nbsp; Futures contracts | 1043 | 1632 | 17662 |
| &nbsp;&nbsp;&nbsp; Foreign currency transactions | (79) | 651 | (1475) |
| &nbsp;&nbsp;&nbsp; Foreign forward currency contracts |  | (13334) |  |
| &nbsp;&nbsp;&nbsp; Purchased options and swaptions |  |  |  |
| &nbsp;&nbsp;&nbsp; Foreign capital gains tax |  | 237 | (1212) |
| &nbsp;&nbsp;&nbsp; Written options and swaptions |  |  |  |
| &nbsp;&nbsp;&nbsp; Swap contracts | – | – | (4026) |
|  **Net Realized Gain (Loss)** | 106590 | 170243 | 512573 |
|  **Net Change in Unrealized Appreciation (Depreciation) on:** |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments | (26778) | 100547 | 347047 |
| &nbsp;&nbsp;&nbsp; Affiliated investments |  | (26) | (36) |
| &nbsp;&nbsp;&nbsp; Futures contracts | (30) | 7 | 650 |
| &nbsp;&nbsp;&nbsp; Purchased options and swaptions |  |  |  |
| &nbsp;&nbsp;&nbsp; Written options and swaptions |  |  |  |
| &nbsp;&nbsp;&nbsp; Swap contracts |  |  | 10969 |
| &nbsp;&nbsp;&nbsp; Foreign capital gains tax on appreciated securities |  |  | 1401 |
| &nbsp;&nbsp;&nbsp; Foreign currency translation of other assets and liabilities denominated in foreign currencies | 2 | 434 | 2111 |
| &nbsp;&nbsp;&nbsp; Foreign forward currency contracts | – | (179) | – |
|  **Net Change in Unrealized Appreciation (Depreciation)** | (26806) | 100783 | 362142 |
|  **Net Realized and Unrealized Gain (Loss)** | 79784 | 271026 | 874715 |
|  **Net Increase in Net Assets Resulting from Operations** | $97139 | $329222 | $1115804 |

---

(1) Income is from the investment of collateral in an affiliated security.

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

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Screened World Equity Ex-US Fund** | **Emerging Markets Equity Fund** | **Opportunistic Income Fund** | **Core Fixed Income Fund** | **High Yield Bond Fund** | **Long Duration Fund** |
| $5589 | $30220 | $– | $– | $1068 | $– |
| 161 | 603 | 691 | 14108 | 3093 | 278 |
| 88 | 570 | 26424 | 361523 | 183766 | 20399 |
|  |  |  | 3 |  |  |
| (506) | (3069) | – | – | (18) | – |
| 5332 | 28324 | 27115 | 375634 | 187909 | 20677 |
| 1069 | 7153 | 1750 | 24635 | 9461 | 1217 |
| 82 | 421 | 194 | 3236 | 970 | 203 |
| 5 | 23 | 11 | 229 | 54 | 11 |
| 1 | 6 | 3 | 70 | 16 | 3 |
| 150 | 645 | 15 | 330 | 77 | 14 |
| 7 | 31 | 16 | 333 | 76 | 18 |
| 3 | 17 | 7 | 149 | 36 | 7 |
| 20 | 16 | 181 | 609 | 230 | 90 |
| 2 | 13 | 6 | 109 | 27 | 7 |
| 2 | 8 | 4 | 83 | 19 | 4 |
| 6 | 33 | 14 | 296 | 72 | 15 |
| 1347 | 8366 | 2201 | 30079 | 11038 | 1589 |
| (690) | (2643) | (884) | (17183) | (4428) | (730) |
| (82) | (421) | (194) | (3236) | (970) | (203) |
| 575 | 5302 | 1123 | 9660 | 5640 | 656 |
| 4757 | 23022 | 25992 | 365974 | 182269 | 20021 |
| 9010 | 33690 | (1226) | (117845) | (49482) | (20278) |
|  |  |  | 6 |  |  |
| 360 | 1649 | (56) | 22636 |  | 348 |
| (20) | (253) |  | 23 | 11 |  |
|  |  |  | (123) | 48 |  |
|  |  |  | (5402) |  |  |
| (99) | (3957) |  |  |  |  |
|  |  |  | 4738 |  |  |
| 547 | – | – | 2155 | – | 151 |
| 9798 | 31129 | (1282) | (93812) | (49423) | (19779) |
| 8520 | 31064 | 1464 | 183682 | 45477 | 3709 |
|  |  |  | 14 |  |  |
| 48 | (54) | (22) | 2807 |  | 379 |
|  |  |  | 1352 |  |  |
|  |  |  | (265) |  |  |
| 365 |  |  | (5937) |  | (121) |
| 70 | 1673 |  |  |  |  |
| 41 | (72) | (17) | (23) |  |  |
| (7) | – | – | (162) | (37) | – |
| 9037 | 32611 | 1425 | 181468 | 45440 | 3967 |
| 18835 | 63740 | 143 | 87656 | (3983) | (15812) |
| $23592 | $86762 | $26135 | $453630 | $178286 | $4209 |

---

------

SEI Institutional Investments Trust

**STATEMENTS OF OPERATIONS / CONSOLIDATED STATEMENTS OF OPERATIONS ($ Thousands)** 

For the year ended May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| | **Long Duration Credit Fund** | **Ultra Short Duration Bond Fund** | **Emerging Markets Debt Fund** |
| **Investment Income:** |  |  |  |
| &nbsp;&nbsp;&nbsp; Dividends | $– | $2 | $– |
| &nbsp;&nbsp;&nbsp; Income from affiliated investments | 1246 | 173 |  |
| &nbsp;&nbsp;&nbsp; Interest income | 158506 | 23197 | 133024 |
| &nbsp;&nbsp;&nbsp; Less: foreign taxes withheld | – | – | (1245) |
| &nbsp;&nbsp;&nbsp; Total Investment Income | 159752 | 23372 | 131779 |
| **Expenses:** |  |  |  |
| &nbsp;&nbsp;&nbsp; Investment advisory fees | 9442 | 689 | 10247 |
| &nbsp;&nbsp;&nbsp; Administration fees | 1574 | 230 | 836 |
| &nbsp;&nbsp;&nbsp; Trustees' fees | 87 | 12 | 46 |
| &nbsp;&nbsp;&nbsp; Chief compliance officer fees | 26 | 4 | 14 |
| &nbsp;&nbsp;&nbsp; Pricing fees | 184 | 146 | 165 |
| &nbsp;&nbsp;&nbsp; Custodian/wire agent fees | 127 | 19 | 672 |
| &nbsp;&nbsp;&nbsp; Professional fees | 121 | 18 | 64 |
| &nbsp;&nbsp;&nbsp; Proxy fees | 59 | 8 | 32 |
| &nbsp;&nbsp;&nbsp; Registration fees | 45 | 7 | 24 |
| &nbsp;&nbsp;&nbsp; Printing fees | 31 | 5 | 17 |
| &nbsp;&nbsp;&nbsp; Interest expense on reverse repurchase agreements |  |  |  |
| &nbsp;&nbsp;&nbsp; Dividend expense on securities sold short |  |  |  |
| &nbsp;&nbsp;&nbsp; Other expenses | 118 | 17 | 63 |
| &nbsp;&nbsp;&nbsp; Total Expenses | 11814 | 1155 | 12180 |
| &nbsp;&nbsp;&nbsp; Less: |  |  |  |
| &nbsp;&nbsp;&nbsp; Waiver of investment advisory fees | (5639) | (272) | (3939) |
| &nbsp;&nbsp;&nbsp; Waiver of administration fees | (1574) | (230) | (836) |
| &nbsp;&nbsp;&nbsp; Net Expenses | 4601 | 653 | 7405 |
| **Net Investment Income** | 155151 | 22719 | 124374 |
|  **Net Realized Gain (Loss) on:** |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments | (84456) | (323) | (17520) |
| &nbsp;&nbsp;&nbsp; Futures contracts | 767 | (147) | 836 |
| &nbsp;&nbsp;&nbsp; Foreign currency transactions |  |  | (28363) |
| &nbsp;&nbsp;&nbsp; Foreign forward currency contracts |  |  | 4941 |
| &nbsp;&nbsp;&nbsp; Purchased options and swaptions |  |  | (109) |
| &nbsp;&nbsp;&nbsp; Foreign capital gains tax |  |  | (61) |
| &nbsp;&nbsp;&nbsp; Written options and swaptions |  |  | 165 |
| &nbsp;&nbsp;&nbsp; Swap contracts | 286 | – | (2649) |
|  **Net Realized Gain (Loss)** | (83403) | (470) | (42760) |
|  **Net Change in Unrealized Appreciation (Depreciation) on:** |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments | 7881 | 2891 | 72360 |
| &nbsp;&nbsp;&nbsp; Securities sold short |  |  |  |
| &nbsp;&nbsp;&nbsp; Futures contracts | 2242 | (14) | (517) |
| &nbsp;&nbsp;&nbsp; Purchased options and swaptions |  |  | 53 |
| &nbsp;&nbsp;&nbsp; Written options and swaptions |  |  | 94 |
| &nbsp;&nbsp;&nbsp; Swap contracts | (190) |  | 7361 |
| &nbsp;&nbsp;&nbsp; Foreign currency translation of other assets and liabilities denominated in foreign currencies |  |  | (2349) |
| &nbsp;&nbsp;&nbsp; Foreign forward currency contracts | – | – | (90) |
|  **Net Change in Unrealized Appreciation (Depreciation)** | 9933 | 2877 | 76912 |
|  **Net Realized and Unrealized Gain (Loss)** | (73470) | 2407 | 34152 |
|  **Net Increase in Net Assets Resulting from Operations** | $81681 | $25126 | $158526 |

---

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

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Real Return Fund** | **Limited Duration Bond Fund** | **Intermediate Duration Credit Fund** | **Dynamic Asset Allocation Fund** | **Multi-Asset Real Return Fund** |
| $– | $– | $– | $16494 | $5013 |
|  | 2888 | 2169 | 1038 |  |
| 9423 | 95918 | 190682 | 14754 | 30390 |
| – | (2) | – | (33) | – |
| 9423 | 98804 | 192851 | 32253 | 35403 |
| 574 | 5240 | 10133 | 10097 | 4186 |
| 131 | 1048 | 2027 | 841 | 381 |
| 7 | 58 | 111 | 47 | 21 |
| 2 | 17 | 33 | 14 | 6 |
| 6 | 132 | 149 | 23 | 79 |
| 3 | 83 | 161 | 22 | 35 |
| 10 | 80 | 156 | 64 | 30 |
| 5 | 41 | 75 | 33 | 14 |
| 4 | 32 | 57 | 29 | 12 |
| 3 | 21 | 40 | 17 | 7 |
|  |  |  |  | 1723 |
|  |  |  |  | 1152 |
| 10 | 81 | 151 | 65 | 29 |
| 755 | 6833 | 13093 | 11252 | 7675 |
| (574) | (3545) | (5237) | (9928) | (2816) |
| (131) | (1048) | (2027) | (841) | (381) |
| 50 | 2240 | 5829 | 483 | 4478 |
| 9373 | 96564 | 187022 | 31770 | 30925 |
| (2409) | 6404 | (34385) | 217539 | 10514 |
|  | 730 | 1167 | 15506 | 8492 |
|  |  |  | 5125 | 52 |
|  |  |  |  | (9) |
|  |  |  | (12861) | (148) |
|  |  |  | 9755 | 71 |
| – | – | – | (6968) | (1229) |
| (2409) | 7134 | (33218) | 228096 | 17743 |
| 10704 | 22709 | 65461 | (56138) | 645 |
|  |  |  |  | (3548) |
|  | (607) | (504) | 5812 | (16093) |
|  | (50) |  | (14385) |  |
|  |  |  | 13917 |  |
|  |  |  | 52772 | 1388 |
|  |  |  | (1445) | 1 |
| – | – | – | – | (10) |
| 10704 | 22052 | 64957 | 533 | (17617) |
| 8295 | 29186 | 31739 | 228629 | 126 |
| $17668 | $125750 | $218761 | $260399 | $31051 |

---

------

SEI Institutional Investments Trust

**STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands)** 

For the years ended May 31,

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** |
| | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 |
| **Operations:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net investment income | $13424 | $14082 | $19542 | $21688 |
| &nbsp;&nbsp;&nbsp; Net realized gain | 112681 | 68086 | 136088 | 189792 |
| &nbsp;&nbsp;&nbsp; Net change in unrealized appreciation (depreciation) | (27223) | 91939 | 4804 | 113633 |
| &nbsp;&nbsp;&nbsp; Net Increase in Net Assets Resulting from Operations | 98882 | 174107 | 160434 | 325113 |
|  **Distributions:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (94582) | (57834) | (230152) | (58878) |
| &nbsp;&nbsp;&nbsp; Total Distributions | (94582) | (57834) | (230152) | (58878) |
| **Capital Share Transactions:<sup>(1)</sup>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Class A: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from shares issued | 50466 | 26475 | 304011 | 89133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinvestment of dividends & distributions | 88093 | 52904 | 209822 | 53413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cost of shares redeemed | (138432) | (101040) | (311556) | (499321) |
| &nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Class A Transactions | 127 | (21661) | 202277 | (356775) |
| &nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets | 4427 | 94612 | 132559 | (90540) |
| **Net Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; **Beginning of Year** | 799089 | 704477 | 1185488 | 1276028 |
| &nbsp;&nbsp;&nbsp; **End of Year** | $803516 | $799089 | $1318047 | $1185488 |

---

(1) See Note 7 in the Notes to Financial Statements for additional information.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Large Cap Index Fund** | **Large Cap Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap II Fund** | **Small Cap II Fund** |
| 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 |
| $24927 | $25894 | $56831 | $69289 | $13034 | $15929 | $3432 | $3035 | $3829 | $3587 |
| 230668 | 194330 | 431200 | 738658 | 85109 | 113728 | 24908 | 12876 | 16334 | 27238 |
| (9524) | 205938 | 64143 | 323861 | 19095 | 152716 | (15946) | 34089 | (18221) | 24263 |
| 246071 | 426162 | 552174 | 1131808 | 117238 | 282373 | 12394 | 50000 | 1942 | 55088 |
| (237580) | (207397) | (888026) | (430045) | (126969) | (27659) | (9305) | (2676) | (25152) | (13208) |
| (237580) | (207397) | (888026) | (430045) | (126969) | (27659) | (9305) | (2676) | (25152) | (13208) |
| 369850 | 222293 | 577804 | 530634 | 177974 | 127545 | 33169 | 17859 | 68311 | 10589 |
| 226941 | 195210 | 860300 | 415004 | 122538 | 26661 | 9120 | 2590 | 24189 | 12395 |
| (495441) | (453236) | (1243109) | (1723353) | (325178) | (447277) | (41685) | (31648) | (64154) | (66865) |
| 101350 | (35733) | 194995 | (777715) | (24666) | (293071) | 604 | (11199) | 28346 | (43881) |
| 109841 | 183032 | (140857) | (75952) | (34397) | (38357) | 3693 | 36125 | 5136 | (2001) |
| 1842403 | 1659371 | 4317878 | 4393830 | 1156719 | 1195076 | 247585 | 211460 | 247025 | 249026 |
| $1952244 | $1842403 | $4177021 | $4317878 | $1122322 | $1156719 | $251278 | $247585 | $252161 | $247025 |

---

------

SEI Institutional Investments Trust

**STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands)** 

For the years ended May 31,

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** |
| | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 |
| **Operations:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net investment income | $9473 | $10397 | $30324 | $20142 | $17355 | $18696 |
| &nbsp;&nbsp;&nbsp; Net realized gain | 65800 | 48354 | 133359 | 72582 | 106590 | 60235 |
| &nbsp;&nbsp;&nbsp; Net change in unrealized appreciation (depreciation) | (60856) | 98106 | 115614 | 204732 | (26806) | 37187 |
| &nbsp;&nbsp;&nbsp; Net Increase in Net Assets Resulting from Operations | 14417 | 156857 | 279297 | 297456 | 97139 | 116118 |
|  **Distributions:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (60029) | (10509) | (160541) | (19210) | (79719) | (91913) |
| &nbsp;&nbsp;&nbsp; Total Distributions | (60029) | (10509) | (160541) | (19210) | (79719) | (91913) |
| **Capital Share Transactions:<sup>(1)</sup>** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Class A: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from shares issued | 168064 | 51948 | 1118662 | 413703 | 73022 | 153685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinvestment of dividends & distributions | 56625 | 10024 | 157184 | 18294 | 78201 | 90271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cost of shares redeemed | (144192) | (176456) | (332005) | (258067) | (200345) | (316574) |
| &nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Class A Transactions | 80497 | (114484) | 943841 | 173930 | (49122) | (72618) |
| &nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets | 34885 | 31864 | 1062597 | 452176 | (31702) | (48413) |
| **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; **Beginning of Year** | 802878 | 771014 | 1473043 | 1020867 | 732663 | 781076 |
| &nbsp;&nbsp;&nbsp; **End of Year** | $837763 | $802878 | $2535640 | $1473043 | $700961 | $732663 |

---

(1) See Note 7 in the Notes to Financial Statements for additional information.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** |
| 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 |
| $58196 | $63262 | $241089 | $227671 | $4757 | $4312 | $23022 | $27599 |
| 170243 | 104034 | 512573 | 379649 | 9798 | 8922 | 31129 | 56687 |
| 100783 | 139825 | 362142 | 777753 | 9037 | 11227 | 32611 | 80878 |
| 329222 | 307121 | 1115804 | 1385073 | 23592 | 24461 | 86762 | 165164 |
| (209560) | (130632) | (300352) | (229297) | (6655) | (3952) | (48673) | (30902) |
| (209560) | (130632) | (300352) | (229297) | (6655) | (3952) | (48673) | (30902) |
| 633652 | 488264 | 1056555 | 671668 | 18790 | 14675 | 97601 | 71131 |
| 208264 | 129137 | 285605 | 218632 | 4486 | 2620 | 45007 | 28098 |
| (895365) | (887581) | (1462952) | (1744978) | (20780) | (21824) | (325966) | (282043) |
| (53449) | (270180) | (120792) | (854678) | 2496 | (4529) | (183358) | (182814) |
| 66213 | (93691) | 694660 | 301098 | 19433 | 15980 | (145269) | (48552) |
| 2024260 | 2117951 | 7717705 | 7416607 | 156418 | 140438 | 912695 | 961247 |
| $2090473 | $2024260 | $8412365 | $7717705 | $175851 | $156418 | $767426 | $912695 |

---

------

SEI Institutional Investments Trust

**STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands)** 

For the years ended May 31,

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** |
| | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 |
| **Operations:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net investment income | $25992 | $33769 | $365974 | $313129 | $182269 | $166953 |
| &nbsp;&nbsp;&nbsp; Net realized gain (loss) | (1282) | (4690) | (93812) | (351217) | (49423) | (85520) |
| &nbsp;&nbsp;&nbsp; Net change in unrealized appreciation | 1425 | 16094 | 181468 | 146676 | 45440 | 139785 |
| &nbsp;&nbsp;&nbsp; Net Increase in Net Assets Resulting from Operations | 26135 | 45173 | 453630 | 108588 | 178286 | 221218 |
|  **Distributions:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (25331) | (33561) | (349865) | (303930) | (171640) | (245142) |
| &nbsp;&nbsp;&nbsp; Total Distributions | (25331) | (33561) | (349865) | (303930) | (171640) | (245142) |
| **Capital Share Transactions:<sup>(1)</sup>** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Class A: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from shares issued | 106387 | 46398 | 2006419 | 1339426 | 343704 | 202008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinvestment of dividends & distributions | 22787 | 30891 | 325971 | 282848 | 162239 | 231739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cost of shares redeemed | (120392) | (224653) | (828246) | (1531181) | (333723) | (476915) |
| &nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Class A Transactions | 8782 | (147364) | 1504144 | 91093 | 172220 | (43168) |
| &nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets | 9586 | (135752) | 1607909 | (104249) | 178866 | (67092) |
| **Net Assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; **Beginning of Year** | 397223 | 532975 | 7260855 | 7365104 | 1825445 | 1892537 |
| &nbsp;&nbsp;&nbsp; **End of Year** | $406809 | $397223 | $8868764 | $7260855 | $2004311 | $1825445 |

---

(1) See Note 7 in the Notes to Financial Statements for additional information.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Long Duration Fund** | **Long Duration Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** |
| 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 |
| $20021 | $28452 | $155151 | $147024 | $22719 | $23373 | $124374 | $118072 |
| (19779) | (55763) | (83403) | (140384) | (470) | 130 | (42760) | (85545) |
| 3967 | 28657 | 9933 | 24119 | 2877 | 4928 | 76912 | 152908 |
| 4209 | 1346 | 81681 | 30759 | 25126 | 28431 | 158526 | 185435 |
| (20029) | (28448) | (155175) | (147153) | (22014) | (23200) | (95637) | (134640) |
| (20029) | (28448) | (155175) | (147153) | (22014) | (23200) | (95637) | (134640) |
| 1026212 | 98593 | 571189 | 1072550 | 144207 | 262301 | 175808 | 143558 |
| 19832 | 27996 | 154887 | 146560 | 21853 | 23059 | 89279 | 126841 |
| (918196) | (308769) | (801508) | (1025194) | (215615) | (122244) | (286546) | (476585) |
| 127848 | (182180) | (75432) | 193916 | (49555) | 163116 | (21459) | (206186) |
| 112028 | (209282) | (148926) | 77522 | (46443) | 168347 | 41430 | (155391) |
| 382975 | 592257 | 3159355 | 3081833 | 501986 | 333639 | 1634921 | 1790312 |
| $495003 | $382975 | $3010429 | $3159355 | $455543 | $501986 | $1676351 | $1634921 |

---

------

SEI Institutional Investments Trust

**STATEMENTS OF CHANGES IN NET ASSETS / CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS ($ Thousands)** 

For the years ended May 31,

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Real Return Fund** | **Real Return Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** |
| | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 |
| **Operations:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net investment income | $9373 | $10986 | $96564 | $98239 |
| &nbsp;&nbsp;&nbsp; Net realized gain (loss) | (2409) | (8058) | 7134 | (30091) |
| &nbsp;&nbsp;&nbsp; Net change in unrealized appreciation (depreciation) | 10704 | 8957 | 22052 | 30887 |
| &nbsp;&nbsp;&nbsp; Net Increase in Net Assets Resulting from Operations | 17668 | 11885 | 125750 | 99035 |
|  **Distributions:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (10596) | (9942) | (94200) | (97104) |
| &nbsp;&nbsp;&nbsp; Total Distributions | (10596) | (9942) | (94200) | (97104) |
| **Capital Share Transactions:<sup>(1)</sup>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Class A: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from shares issued | 27311 | 59079 | 458068 | 592493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinvestment of dividends & distributions | 10144 | 9618 | 93652 | 95744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cost of shares redeemed | (61727) | (112314) | (841943) | (488429) |
| &nbsp;&nbsp;&nbsp; Net Increase (Decrease) from Class A Transactions | (24272) | (43617) | (290223) | 199808 |
| &nbsp;&nbsp;&nbsp; Net Increase (Decrease) in Net Assets | (17200) | (41674) | (258673) | 201739 |
| **Net Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; **Beginning of Year** | 271349 | 313023 | 2225811 | 2024072 |
| &nbsp;&nbsp;&nbsp; **End of Year** | $254149 | $271349 | $1967138 | $2225811 |

---

(1) See Note 7 in the Notes to Financial Statements for additional information.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** |
| 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 | 06/01/24 to <br> 05/31/25 | 06/01/23 to <br> 05/31/24 |
| $187022 | $176942 | $31770 | $36659 | $30925 | $41402 |
| (33218) | (109071) | 228096 | 336444 | 17743 | (27581) |
| 64957 | 78639 | 533 | 45099 | (17617) | 47489 |
| 218761 | 146510 | 260399 | 418202 | 31051 | 61310 |
| (187089) | (176902) | (420677) | (205115) | (35945) | (33541) |
| (187089) | (176902) | (420677) | (205115) | (35945) | (33541) |
| 827711 | 934049 | 194150 | 107494 | 125496 | 186765 |
| 186715 | 176316 | 388823 | 187548 | 32767 | 31107 |
| (897562) | (1263957) | (439220) | (563071) | (176761) | (242037) |
| 116864 | (153592) | 143753 | (268029) | (18498) | (24165) |
| 148536 | (183984) | (16525) | (54942) | (23392) | 3604 |
| 3975260 | 4159244 | 1701367 | 1756309 | 805347 | 801743 |
| $4123796 | $3975260 | $1684842 | $1701367 | $781955 | $805347 |

---

------

SEI Institutional Investments Trust

**FINANCIAL HIGHLIGHTS** 

For the years ended May 31,

For a share outstanding throughout each period

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | Net Asset<br> Value,<br> Beginning of<br> Year | Net<br> Investment<br> Income<sup>(1)</sup> | Net Realized<br> and Unrealized<br> Gains (Losses) | Total<br> from<br> Operations | Distributions<br> from Net<br> Investment<br> Income | Distributions<br> from Net<br> Realized<br> Capital<br> Gains | Total<br> Distributions | Net Asset<br> Value, End<br> of Year | Total<br> Return<sup>†</sup> | Net Assets<br> End of Year<br> ($ Thousands) | Ratio of Net<br> Expenses<br> to Average<br> Net Assets<sup>\*</sup> | Ratio of Expenses<br> to Average<br> Net Assets<br> (Excluding Waivers) | Ratio of Net<br> Investment<br> Income<br> to Average<br> Net Assets | Portfolio<br> Turnover<br> Rate<sup>†</sup> |
| **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $15.37 | $0.26 | $1.67 | $1.93 | $(0.27) | $(1.60) | $(1.87) | $15.43 | 12.92% | $803516 | 0.18% | 0.47% | 1.63% | 85% |
| &nbsp;&nbsp; 2024 | 13.18 | 0.27 | 3.04 | 3.31 | (0.26) | (0.86) | (1.12) | 15.37 | 26.05 | 799089 | 0.18 | 0.47 | 1.87 | 77 |
| &nbsp;&nbsp; 2023 | 15.07 | 0.27 | (0.45) | (0.18) | (0.27) | (1.44) | (1.71) | 13.18 | (0.74) | 704477 | 0.18 | 0.47 | 1.99 | 88 |
| &nbsp;&nbsp; 2022 | 18.68 | 0.27 | (0.36) | (0.09) | (0.27) | (3.25) | (3.52) | 15.07 | (1.96) | 773846 | 0.18 | 0.47 | 1.56 | 76 |
| &nbsp;&nbsp; 2021 | 13.95 | 0.27 | 5.57 | 5.84 | (0.29) | (0.82) | (1.11) | 18.68 | 43.39 | 1097320 | 0.18 | 0.47 | 1.70 | 78 |
| **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $11.34 | $0.17 | $1.29 | $1.46 | $(0.36) | $(1.82) | $(2.18) | $10.62 | 13.18% | $1318047 | 0.18% | 0.47% | 1.54% | 113% |
| &nbsp;&nbsp; 2024 | 9.18 | 0.18 | 2.49 | 2.67 | (0.44) | (0.07) | (0.51) | 11.34 | 29.65 | 1185488 | 0.18 | 0.47 | 1.76 | 137 |
| &nbsp;&nbsp; 2023 | 9.58 | 0.14 | (0.05) | 0.09 | (0.18) | (0.31) | (0.49) | 9.18 | 1.27 | 1276028 | 0.17 | 0.47 | 1.56 | 118 |
| &nbsp;&nbsp; 2022 | 12.65 | 0.15 | 0.21 | 0.36 | (0.31) | (3.12) | (3.43) | 9.58 | 0.39 | 1389157 | 0.17 | 0.47 | 1.28 | 146 |
| &nbsp;&nbsp; 2021 | 9.71 | 0.17 | 3.73 | 3.90 | (0.21) | (0.75) | (0.96) | 12.65 | 42.00 | 1668804 | 0.17 | 0.47 | 1.51 | 142 |
| **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $199.60 | $2.78 | $23.84 | $26.62 | $(2.81) | $(26.20) | $(29.01) | $197.21 | 13.57% | $1952244 | 0.04% | 0.13% | 1.36% | 16% |
| &nbsp;&nbsp; 2024 | 176.71 | 2.83 | 43.82 | 46.65 | (2.70) | (21.06) | (23.76) | 199.60 | 28.03 | 1842403 | 0.04 | 0.13 | 1.50 | 12 |
| &nbsp;&nbsp; 2023 | 201.38 | 2.94 | (0.53) | 2.41 | (2.94) | (24.14) | (27.08) | 176.71 | 2.39 | 1659371 | 0.05 | 0.14 | 1.62 | 11 |
| &nbsp;&nbsp; 2022 | 226.91 | 3.06 | (6.83) | (3.77) | (3.13) | (18.63) | (21.76) | 201.38 | (2.74) | 1919037 | 0.04 | 0.13 | 1.34 | 18 |
| &nbsp;&nbsp; 2021 | 163.61 | 2.89 | 65.82 | 68.71 | (2.95) | (2.46) | (5.41) | 226.91 | 42.57 | 2297701 | 0.03 | 0.12 | 1.47 | 20 |
| **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $22.25 | $0.29 | $2.63 | $2.92 | $(0.31) | $(4.85) | $(5.16) | $20.01 | 13.45% | $4177021 | 0.05% | 0.12% | 1.33% | 5% |
| &nbsp;&nbsp; 2024 | 19.10 | 0.32 | 4.80 | 5.12 | (0.31) | (1.66) | (1.97) | 22.25 | 28.10 | 4317878 | 0.05 | 0.12 | 1.53 | 6 |
| &nbsp;&nbsp; 2023 | 20.36 | 0.31 | 0.11 | 0.42 | (0.30) | (1.38) | (1.68) | 19.10 | 2.82 | 4393830 | 0.06 | 0.13 | 1.66 | 6 |
| &nbsp;&nbsp; 2022 | 21.82 | 0.30 | (0.22) | 0.08 | (0.30) | (1.24) | (1.54) | 20.36 | (0.33) | 5106116 | 0.05 | 0.12 | 1.33 | 11 |
| &nbsp;&nbsp; 2021 | 16.13 | 0.29 | 6.09 | 6.38 | (0.29) | (0.40) | (0.69) | 21.82 | 40.24 | 6251980 | 0.04 | 0.11 | 1.51 | 19 |
| **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $17.56 | $0.20 | $1.59 | $1.79 | $(0.22) | $(1.98) | $(2.20) | $17.15 | 9.88% | $1122322 | 0.06% | 0.20% | 1.14% | 21% |
| &nbsp;&nbsp; 2024 | 14.39 | 0.21 | 3.32 | 3.53 | (0.21) | (0.15) | (0.36) | 17.56 | 24.71 | 1156719 | 0.06 | 0.20 | 1.29 | 34 |
| &nbsp;&nbsp; 2023 | 15.51 | 0.20 | (0.70) | (0.50) | (0.20) | (0.42) | (0.62) | 14.39 | (3.11) | 1195076 | 0.06 | 0.20 | 1.37 | 34 |
| &nbsp;&nbsp; 2022 | 22.89 | 0.19 | (3.90) | (3.71) | (0.21) | (3.46) | (3.67) | 15.51 | (18.88) | 1453682 | 0.05 | 0.19 | 0.96 | 49 |
| &nbsp;&nbsp; 2021 | 14.47 | 0.18 | 8.81 | 8.99 | (0.18) | (0.39) | (0.57) | 22.89 | 62.79 | 1755160 | 0.05 | 0.19 | 0.95 | 58 |
| **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $13.27 | $0.18 | $0.30 | $0.48 | $(0.28) | $(0.22) | $(0.50) | $13.25 | 3.57% | $251278 | 0.42% | 0.72% | 1.32% | 90% |
| &nbsp;&nbsp; 2024 | 10.83 | 0.16 | 2.42 | 2.58 | (0.14) |  | (0.14) | 13.27 | 23.93 | 247585 | 0.44 | 0.72 | 1.30 | 108 |
| &nbsp;&nbsp; 2023 | 12.59 | 0.15 | (0.97) | (0.82) | (0.16) | (0.78) | (0.94) | 10.83 | (6.73) | 211460 | 0.44 | 0.72 | 1.27 | 114 |
| &nbsp;&nbsp; 2022 | 18.54 | 0.15 | (1.46) | (1.31) | (0.16) | (4.48) | (4.64) | 12.59 | (9.62) | 227791 | 0.44 | 0.72 | 0.94 | 120 |
| &nbsp;&nbsp; 2021 | 11.91 | 0.15 | 7.22 | 7.37 | (0.14) | (0.60) | (0.74) | 18.54 | 63.38 | 287220 | 0.44 | 0.72 | 0.98 | 122 |

---

---

| | |
|:---|:---|
| \* | Includes Fees Paid Indirectly, if applicable. There was no impact to the expense ratios. See Note 6 in Notes to Financial Statements. |
| <sup>†</sup> | Returns and portfolio turnover rates are for the period indicated and have not been annualized. Returns do not reflect the deduction of taxes the shareholder would pay on fund distributions or redemption of fund shares. |
| (1) | Per share calculated using average shares. |

---

Amounts designated as "—" are $0.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**FINANCIAL HIGHLIGHTS** 

For the years ended May 31,

For a share outstanding throughout each period

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | Net Asset<br> Value,<br> Beginning of<br> Year | Net<br> Investment<br> Income<sup>(1)</sup> | Net Realized<br> and Unrealized<br> Gains (Losses) | Total<br> from<br> Operations | Distributions<br> from Net<br> Investment<br> Income | Distributions<br> from Net<br> Realized<br> Capital<br> Gains | Total<br> Distributions | Net Asset<br> Value, End<br> of Year | Total<br> Return<sup>†</sup> | Net Assets<br> End of Year<br> ($ Thousands) | Ratio of Net<br> Expenses<br> to Average<br> Net Assets<sup>\*</sup> | Ratio of Expenses<br> to Average<br> Net Assets<br> (Excluding Waivers) | Ratio of Net<br> Investment<br> Income<br> to Average<br> Net Assets | Portfolio<br> Turnover<br> Rate<sup>†</sup> |
| **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $11.32 | $0.16 | $(0.03) | $0.13 | $(0.17) | $(0.90) | $(1.07) | $10.38 | 0.67% | $252161 | 0.40% | 0.72% | 1.43% | 94% |
| &nbsp;&nbsp; 2024 | 9.67 | 0.14 | 2.04 | 2.18 | (0.14) | (0.39) | (0.53) | 11.32 | 22.95 | 247025 | 0.43 | 0.72 | 1.37 | 101 |
| &nbsp;&nbsp; 2023 | 10.58 | 0.11 | (0.60) | (0.49) | (0.12) | (0.30) | (0.42) | 9.67 | (4.65) | 249026 | 0.43 | 0.72 | 1.12 | 107 |
| &nbsp;&nbsp; 2022 | 15.16 | 0.10 | (1.51) | (1.41) | (0.10) | (3.07) | (3.17) | 10.58 | (11.14) | 324229 | 0.43 | 0.72 | 0.75 | 130 |
| &nbsp;&nbsp; 2021 | 8.95 | 0.10 | 6.21 | 6.31 | (0.10) |  | (0.10) | 15.16 | 70.79 | 509597 | 0.43 | 0.72 | 0.82 | 151 |
| **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $10.28 | $0.12 | $0.03 | $0.15 | $(0.18) | $(0.61) | $(0.79) | $9.64 | 1.24% | $837763 | 0.40% | 0.72% | 1.16% | 67% |
| &nbsp;&nbsp; 2024 | 8.57 | 0.12 | 1.72 | 1.84 | (0.13) |  | (0.13) | 10.28 | 21.55 | 802878 | 0.41 | 0.72 | 1.31 | 81 |
| &nbsp;&nbsp; 2023 | 10.10 | 0.14 | (0.98) | (0.84) | (0.14) | (0.55) | (0.69) | 8.57 | (8.40) | 771014 | 0.41 | 0.72 | 1.49 | 79 |
| &nbsp;&nbsp; 2022 | 14.11 | 0.12 | (0.77) | (0.65) | (0.11) | (3.25) | (3.36) | 10.10 | (6.47) | 944301 | 0.42 | 0.72 | 1.00 | 82 |
| &nbsp;&nbsp; 2021 | 9.23 | 0.10 | 5.23 | 5.33 | (0.08) | (0.37) | (0.45) | 14.11 | 58.97 | 1173130 | 0.41 | 0.72 | 0.88 | 88 |
| **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $13.75 | $0.22 | $1.89 | $2.11 | $(0.20) | $(0.93) | $(1.13) | $14.73 | 15.71% | $2535640 | 0.02% | 0.32% | 1.48% | 47% |
| &nbsp;&nbsp; 2024 | 10.90 | 0.21 | 2.84 | 3.05 | (0.20) |  | (0.20) | 13.75 | 28.22 | 1473043 | 0.02 | 0.32 | 1.67 | 50 |
| &nbsp;&nbsp; 2023 | 12.36 | 0.21 | (0.35) | (0.14) | (0.21) | (1.11) | (1.32) | 10.90 | (0.57) | 1020867 | 0.02 | 0.32 | 1.91 | 72 |
| &nbsp;&nbsp; 2022 | 15.37 | 0.23 | 0.05 | 0.28 | (0.24) | (3.05) | (3.29) | 12.36 | 0.10 | 949390 | 0.02 | 0.32 | 1.61 | 64 |
| &nbsp;&nbsp; 2021 | 10.67 | 0.22 | 4.70 | 4.92 | (0.22) |  | (0.22) | 15.37 | 46.54 | 1068145 | 0.02 | 0.32 | 1.71 | 72 |
| **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $11.56 | $0.28 | $1.24 | $1.52 | $(0.29) | $(1.09) | $(1.38) | $11.70 | 13.92% | $700961 | 0.20% | 0.65% | 2.38% | 116% |
| &nbsp;&nbsp; 2024 | 11.23 | 0.29 | 1.48 | 1.77 | (0.28) | (1.16) | (1.44) | 11.56 | 16.97 | 732663 | 0.20 | 0.72 | 2.55 | 59 |
| &nbsp;&nbsp; 2023 | 13.13 | 0.31 | (0.76) | (0.45) | (0.31) | (1.14) | (1.45) | 11.23 | (3.75) | 781076 | 0.20 | 0.72 | 2.52 | 55 |
| &nbsp;&nbsp; 2022 | 15.29 | 0.35 | 0.36 | 0.71 | (0.36) | (2.51) | (2.87) | 13.13 | 4.71 | 887170 | 0.20 | 0.72 | 2.47 | 55 |
| &nbsp;&nbsp; 2021 | 12.17 | 0.29 | 3.14 | 3.43 | (0.30) | (0.01) | (0.31) | 15.29 | 28.60 | 1115591 | 0.20 | 0.72 | 2.21 | 61 |
| **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $11.60 | $0.35 | $1.58 | $1.93 | $(0.40) | $(1.00) | $(1.40) | $12.13 | 17.81% | $2090473 | 0.25%<sup>(2)</sup> | 0.73% | 2.95% | 102% |
| &nbsp;&nbsp; 2024 | 10.66 | 0.34 | 1.30 | 1.64 | (0.33) | (0.37) | (0.70) | 11.60 | 15.84 | 2024260 | 0.24 | 0.72 | 3.04 | 57 |
| &nbsp;&nbsp; 2023 | 11.92 | 0.32 | (0.41) | (0.09) | (0.66) | (0.51) | (1.17) | 10.66 | (0.62) | 2117951 | 0.25 | 0.72 | 2.88 | 67 |
| &nbsp;&nbsp; 2022 | 13.21 | 0.32 | 0.26 | 0.58 | (0.31) | (1.56) | (1.87) | 11.92 | 4.25 | 2457371 | 0.25 | 0.72 | 2.49 | 56 |
| &nbsp;&nbsp; 2021 | 10.88 | 0.28 | 2.29 | 2.57 | (0.24) |  | (0.24) | 13.21 | 23.93 | 2722519 | 0.24 | 0.72 | 2.42 | 53 |
| **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $12.45 | $0.39 | $1.40 | $1.79 | $(0.43) | $(0.07) | $(0.50) | $13.74 | 14.92% | $8412365 | 0.27% | 0.63% | 3.07% | 54% |
| &nbsp;&nbsp; 2024 | 10.71 | 0.34 | 1.75 | 2.09 | (0.35) |  | (0.35) | 12.45 | 19.71 | 7717705 | 0.28 | 0.63 | 2.98 | 76 |
| &nbsp;&nbsp; 2023 | 11.65 | 0.36 | (0.78) | (0.42) | (0.28) | (0.24) | (0.52) | 10.71 | (3.47) | 7416607 | 0.29 | 0.64 | 3.36 | 107 |
| &nbsp;&nbsp; 2022 | 16.57 | 0.36 | (2.17) | (1.81) | (0.37) | (2.74) | (3.11) | 11.65 | (12.53) | 8786841 | 0.28 | 0.63 | 2.52 | 73 |
| &nbsp;&nbsp; 2021 | 11.67 | 0.28 | 4.87 | 5.15 | (0.22) | (0.03) | (0.25) | 16.57 | 44.38 | 10497695 | 0.29 | 0.63 | 1.96 | 85 |

---

---

| | |
|:---|:---|
| \* | Includes Fees Paid Indirectly, if applicable. There was no impact to the expense ratios. See Note 6 in Notes to Financial Statements. |
| <sup>†</sup> | Returns and portfolio turnover rates are for the period indicated and have not been annualized. Returns do not reflect the deduction of taxes the shareholder would pay on fund distributions or redemption of fund shares. |
| (1) | Per share calculated using average shares. |
| (2) | The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.24%. |

---

Amounts designated as "—" are $0.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**FINANCIAL HIGHLIGHTS** 

For the years ended May 31,

For a share outstanding throughout each period

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | Net Asset<br> Value,<br> Beginning of<br> Year | Net<br> Investment<br> Income<sup>(1)</sup> | Net Realized<br> and Unrealized<br> Gains (Losses) | Total<br> from<br> Operations | Distributions<br> from Net<br> Investment<br> Income | Distributions<br> from Net<br> Realized<br> Capital<br> Gains | Total<br> Distributions | Net Asset<br> Value, End<br> of Year | Total<br> Return<sup>†</sup> | Net Assets<br> End of Year<br> ($ Thousands) | Ratio of Net<br> Expenses<br> to Average<br> Net Assets<sup>\*</sup> | Ratio of Expenses<br> to Average<br> Net Assets<br> (Excluding Waivers) | Ratio of Net<br> Investment<br> Income<br> to Average<br> Net Assets | Portfolio<br> Turnover<br> Rate<sup>†</sup> |
| **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $11.31 | $0.33 | $1.27 | $1.60 | $(0.34) | $(0.13) | $(0.47) | $12.44 | 14.67% | $175851 | 0.35% | 0.82% | 2.89% | 67% |
| &nbsp;&nbsp; 2024 | 9.85 | 0.31 | 1.44 | 1.75 | (0.29) |  | (0.29) | 11.31 | 17.93 | 156418 | 0.36 | 0.83 | 2.93 | 122 |
| &nbsp;&nbsp; 2023 | 10.75 | 0.31 | (0.61) | (0.30) | (0.28) | (0.32) | (0.60) | 9.85 | (2.55) | 140438 | 0.29 | 0.77 | 3.11 | 93 |
| &nbsp;&nbsp; 2022 | 14.56 | 0.33 | (1.76) | (1.43) | (0.28) | (2.10) | (2.38) | 10.75 | (10.99) | 154699 | 0.29 | 0.78 | 2.64 | 84 |
| &nbsp;&nbsp; 2021 | 10.05 | 0.22 | 4.62 | 4.84 | (0.22) | (0.11) | (0.33) | 14.56 | 48.54 | 136932 | 0.36 | 0.82 | 1.78 | 102 |
| **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $9.70 | $0.27 | $0.79 | $1.06 | $(0.38) | $(0.22) | $(0.60) | $10.16 | 11.47% | $767426 | 0.63% | 0.99% | 2.73% | 54% |
| &nbsp;&nbsp; 2024 | 8.44 | 0.26 | 1.29 | 1.55 | (0.29) |  | (0.29) | 9.70 | 18.66 | 912695 | 0.66 | 1.03 | 2.87 | 71 |
| &nbsp;&nbsp; 2023 | 9.34 | 0.26 | (0.74) | (0.48) | (0.21) | (0.21) | (0.42) | 8.44 | (4.83) | 961247 | 0.63 | 1.19 | 3.05 | 61 |
| &nbsp;&nbsp; 2022 | 12.69 | 0.23 | (1.73) | (1.50) | (0.20) | (1.65) | (1.85) | 9.34 | (13.17) | 1139272 | 0.59 | 1.17 | 2.03 | 86 |
| &nbsp;&nbsp; 2021 | 8.37 | 0.19 | 4.34 | 4.53 | (0.21) |  | (0.21) | 12.69 | 54.35 | 1371657 | 0.61 | 1.18 | 1.79 | 90 |
| **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $8.03 | $0.54 | $0.01 | $0.55 | $(0.53) | $— | $(0.53) | $8.05 | 7.06% | $406809 | 0.29% | 0.57% | 6.67% | 48% |
| &nbsp;&nbsp; 2024 | 7.85 | 0.55 | 0.19 | 0.74 | (0.56) |  | (0.56) | 8.03 | 9.78 | 397223 | 0.28 | 0.55 | 6.98 | 37 |
| &nbsp;&nbsp; 2023 | 7.91 | 0.42 | (0.08) | 0.34 | (0.40) |  | (0.40) | 7.85 | 4.44 | 532975 | 0.25 | 0.52 | 5.35 | 33 |
| &nbsp;&nbsp; 2022 | 8.20 | 0.21 | (0.29) | (0.08) | (0.21) |  | (0.21) | 7.91 | (0.97) | 666905 | 0.23 | 0.52 | 2.56 | 45 |
| &nbsp;&nbsp; 2021 | 7.87 | 0.23 | 0.32 | 0.55 | (0.22) |  | (0.22) | 8.20 | 7.10 | 993299 | 0.23 | 0.52 | 2.83 | 62 |
| **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $8.64 | $0.39 | $0.12 | $0.51 | $(0.38) | $— | $(0.38) | $8.77 | 5.90% | $8868764 | 0.12% | 0.37% | 4.45% | 373% |
| &nbsp;&nbsp; 2024 | 8.87 | 0.38 | (0.24) | 0.14 | (0.37) |  | (0.37) | 8.64 | 1.59 | 7260855 | 0.13 | 0.37 | 4.34 | 311 |
| &nbsp;&nbsp; 2023 | 9.39 | 0.31 | (0.52) | (0.21) | (0.31) |  | (0.31) | 8.87 | (2.16) | 7365104 | 0.12 | 0.37 | 3.47 | 321 |
| &nbsp;&nbsp; 2022 | 10.47 | 0.18 | (1.06) | (0.88) | (0.20) |  | (0.20) | 9.39 | (8.52) | 8516949 | 0.12 | 0.36 | 1.77 | 380 |
| &nbsp;&nbsp; 2021 | 10.96 | 0.19 | (0.07) | 0.12 | (0.22) | (0.39) | (0.61) | 10.47 | 1.00 | 9105850 | 0.12 | 0.36 | 1.73 | 386 |
| **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $7.02 | $0.67 | $(0.01) | $0.66 | $(0.63) | $— | $(0.63) | $7.05 | 9.65% | $2004311 | 0.29% | 0.57% | 9.38% | 53% |
| &nbsp;&nbsp; 2024 | 7.11 | 0.63 | 0.20 | 0.83 | (0.74) | (0.18) | (0.92) | 7.02 | 12.30 | 1825445 | 0.29 | 0.57 | 8.84 | 57 |
| &nbsp;&nbsp; 2023 | 8.05 | 0.55 | (0.66) | (0.11) | (0.63) | (0.20) | (0.83) | 7.11 | (1.20) | 1892537 | 0.28 | 0.56 | 7.40 | 42 |
| &nbsp;&nbsp; 2022 | 8.84 | 0.53 | (0.78) | (0.25) | (0.54) |  | (0.54) | 8.05 | (3.09) | 2262547 | 0.28 | 0.56 | 6.08 | 50 |
| &nbsp;&nbsp; 2021 | 7.74 | 0.47 | 1.25 | 1.72 | (0.52) | (0.10) | (0.62) | 8.84 | 22.88 | 2843123 | 0.29 | 0.55 | 5.61 | 78 |

---

---

| | |
|:---|:---|
| \* | Includes Fees Paid Indirectly, if applicable. There was no impact to the expense ratios. See Note 6 in Notes to Financial Statements. |
| <sup>†</sup> | Returns and portfolio turnover rates are for the period indicated and have not been annualized. Returns do not reflect the deduction of taxes the shareholder would pay on fund distributions or redemption of fund shares. |
| (1) | Per share calculated using average shares. |

---

Amounts designated as "—" are $0.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**FINANCIAL HIGHLIGHTS** 

For the years ended May 31,

For a share outstanding throughout each period

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | Net Asset<br> Value,<br> Beginning of<br> Year | Net<br> Investment<br> Income<sup>(1)</sup> | Net Realized<br> and Unrealized<br> Gains (Losses) | Total<br> from<br> Operations | Distributions<br> from Net<br> Investment<br> Income | Distributions<br> from Net<br> Realized<br> Capital<br> Gains | Total<br> Distributions | Net Asset<br> Value, End<br> of Year | Total<br> Return<sup>†</sup> | Net Assets<br> End of Year<br> ($ Thousands) | Ratio of Net<br> Expenses<br> to Average<br> Net Assets<sup>\*</sup> | Ratio of Expenses<br> to Average<br> Net Assets<br> (Excluding Waivers) | Ratio of Net<br> Investment<br> Income<br> to Average<br> Net Assets | Portfolio<br> Turnover<br> Rate<sup>†</sup> |
| **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $5.87 | $0.29 | $(0.14) | $0.15 | $(0.29) | $— | $(0.29) | $5.73 | 2.52% | $495003 | 0.16% | 0.39% | 4.93% | 176% |
| &nbsp;&nbsp; 2024 | 6.19 | 0.29 | (0.32) | (0.03) | (0.29) |  | (0.29) | 5.87 | (0.45) | 382975 | 0.15 | 0.38 | 4.85 | 105 |
| &nbsp;&nbsp; 2023 | 6.87 | 0.28 | (0.68) | (0.40) | (0.28) |  | (0.28) | 6.19 | (5.82) | 592257 | 0.14 | 0.37 | 4.40 | 109 |
| &nbsp;&nbsp; 2022 | 8.44 | 0.26 | (1.44) | (1.18) | (0.26) | (0.13) | (0.39) | 6.87 | (14.66) | 709737 | 0.14 | 0.37 | 3.15 | 127 |
| &nbsp;&nbsp; 2021 | 9.57 | 0.28 | (0.29) | (0.01) | (0.28) | (0.84) | (1.12) | 8.44 | (0.79) | 1297932 | 0.14 | 0.37 | 3.05 | 105 |
| **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $7.76 | $0.39 | $(0.18) | $0.21 | $(0.39) | $— | $(0.39) | $7.58 | 2.60% | $3010429 | 0.15% | 0.37% | 4.92% | 79% |
| &nbsp;&nbsp; 2024 | 8.06 | 0.38 | (0.30) | 0.08 | (0.38) |  | (0.38) | 7.76 | 1.06 | 3159355 | 0.15 | 0.37 | 4.85 | 84 |
| &nbsp;&nbsp; 2023 | 8.90 | 0.36 | (0.84) | (0.48) | (0.36) |  | (0.36) | 8.06 | (5.33) | 3081833 | 0.15 | 0.37 | 4.42 | 75 |
| &nbsp;&nbsp; 2022 | 11.10 | 0.35 | (1.88) | (1.53) | (0.35) | (0.32) | (0.67) | 8.90 | (14.73) | 2827904 | 0.14 | 0.37 | 3.22 | 85 |
| &nbsp;&nbsp; 2021 | 11.90 | 0.36 | (0.25) | 0.11 | (0.37) | (0.54) | (0.91) | 11.10 | 0.52 | 4548557 | 0.14 | 0.37 | 3.08 | 56 |
| **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $9.90 | $0.49 | $0.06 | $0.55 | $(0.48) | $— | $(0.48) | $9.97 | 5.63% | $455543 | 0.14% | 0.25% | 4.93% | 77% |
| &nbsp;&nbsp; 2024 | 9.79 | 0.48 | 0.10 | 0.58 | (0.47) |  | (0.47) | 9.90 | 6.09 | 501986 | 0.15 | 0.25 | 4.86 | 53 |
| &nbsp;&nbsp; 2023 | 9.81 | 0.26 | (0.01) | 0.25 | (0.27) |  | (0.27) | 9.79 | 2.56 | 333639 | 0.12 | 0.22 | 2.68 | 48 |
| &nbsp;&nbsp; 2022 | 10.02 | 0.08 | (0.20) | (0.12) | (0.09) |  | (0.09) | 9.81 | (1.22) | 523552 | 0.12 | 0.22 | 0.78 | 55 |
| &nbsp;&nbsp; 2021 | 9.99 | 0.10 | 0.04 | 0.14 | (0.11) |  | (0.11) | 10.02 | 1.45 | 723281 | 0.12 | 0.22 | 1.01 | 79 |
| **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $8.47 | $0.64 | $0.18 | $0.82 | $(0.50) | $— | $(0.50) | $8.79 | 10.00% | $1676351 | 0.44% | 0.73% | 7.42% | 142% |
| &nbsp;&nbsp; 2024 | 8.26 | 0.57 | 0.29 | 0.86 | (0.65) |  | (0.65) | 8.47 | 10.75 | 1634921 | 0.43 | 0.78 | 6.73 | 102 |
| &nbsp;&nbsp; 2023 | 8.33 | 0.51 | (0.41) | 0.10 | (0.17) |  | (0.17) | 8.26 | 1.22 | 1790312 | 0.42 | 0.95 | 6.37 | 82 |
| &nbsp;&nbsp; 2022 | 10.29 | 0.48 | (2.04) | (1.56) | (0.40) |  | (0.40) | 8.33 | (15.65) | 1973188 | 0.41 | 0.94 | 5.06 | 76 |
| &nbsp;&nbsp; 2021 | 9.37 | 0.48 | 0.64 | 1.12 | (0.20) |  | (0.20) | 10.29 | 12.04 | 2395679 | 0.40 | 0.94 | 4.72 | 81 |
| **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $9.14 | $0.33 | $0.30 | $0.63 | $(0.37) | $— | $(0.37) | $9.40 | 7.07% | $254149 | 0.02% | 0.29% | 3.58% | 34% |
| &nbsp;&nbsp; 2024 | 9.06 | 0.33 | 0.04 | 0.37 | (0.29) |  | (0.29) | 9.14 | 4.25 | 271349 | 0.02 | 0.29 | 3.71 | 45 |
| &nbsp;&nbsp; 2023 | 9.79 | 0.41 | (0.62) | (0.21) | (0.52) |  | (0.52) | 9.06 | (2.09) | 313023 | 0.02 | 0.29 | 4.48 | 40 |
| &nbsp;&nbsp; 2022 | 10.23 | 0.71 | (0.50) | 0.21 | (0.65) |  | (0.65) | 9.79 | 2.06 | 294248 | 0.02 | 0.29 | 7.08 | 36 |
| &nbsp;&nbsp; 2021 | 9.68 | 0.24 | 0.45 | 0.69 | (0.14) |  | (0.14) | 10.23 | 7.21 | 335816 | 0.02 | 0.29 | 2.41 | 46 |

---

---

| | |
|:---|:---|
| \* | Includes Fees Paid Indirectly, if applicable. There was no impact to the expense ratios. See Note 6 in Notes to Financial Statements. |
| <sup>†</sup> | Returns and portfolio turnover rates are for the period indicated and have not been annualized. Returns do not reflect the deduction of taxes the shareholder would pay on fund distributions or redemption of fund shares. |
| (1) | Per share calculated using average shares. |

---

Amounts designated as "—" are $0.

The accompanying notes are an integral part of the financial statements.

------

SEI Institutional Investments Trust

**FINANCIAL HIGHLIGHTS / CONSOLIDATED FINANCIAL HIGHLIGHTS** 

For the years ended May 31,

For a share outstanding throughout each period

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | Net Asset<br> Value,<br> Beginning of<br> Year | Net<br> Investment<br> Income<sup>(1)</sup> | Net Realized<br> and Unrealized<br> Gains (Losses) | Total<br> from<br> Operations | Distributions<br> from Net<br> Investment<br> Income | Distributions<br> from Net<br> Realized<br> Capital<br> Gains | Total<br> Distributions | Net Asset<br> Value, End<br> of Year | Total<br> Return<sup>†</sup> | Net Assets<br> End of Year<br> ($ Thousands) | Ratio of Net<br> Expenses<br> to Average<br> Net Assets<sup>\*</sup> | Ratio of Expenses<br> to Average<br> Net Assets<br> (Excluding Waivers) | Ratio of Net<br> Investment<br> Income<br> to Average<br> Net Assets | Portfolio<br> Turnover<br> Rate<sup>†</sup> |
| **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $9.48 | $0.44 | $0.14 | $0.58 | $(0.43) | $— | $(0.43) | $9.63 | 6.23% | $1967138 | 0.11%<sup>(2)</sup> | 0.33% | 4.60% | 289% |
| &nbsp;&nbsp; 2024 | 9.48 | 0.42 | (0.01) | 0.41 | (0.41) |  | (0.41) | 9.48 | 4.46 | 2225811 | 0.11 | 0.33 | 4.44 | 284 |
| &nbsp;&nbsp; 2023 | 9.66 | 0.26 | (0.18) | 0.08 | (0.26) |  | (0.26) | 9.48 | 0.84 | 2024072 | 0.11 | 0.32 | 2.75 | 238 |
| &nbsp;&nbsp; 2022 | 10.08 | 0.10 | (0.38) | (0.28) | (0.11) | (0.03) | (0.14) | 9.66 | (2.81) | 1609322 | 0.11 | 0.32 | 1.01 | 195 |
| &nbsp;&nbsp; 2021 | 10.13 | 0.12 | 0.08 | 0.20 | (0.14) | (0.11) | (0.25) | 10.08 | 1.89 | 1526502 | 0.11 | 0.32 | 1.22 | 155 |
| **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $8.69 | $0.41 | $0.07 | $0.48 | $(0.41) | $— | $(0.41) | $8.76 | 5.54% | $4123796 | 0.14% | 0.32% | 4.61% | 130% |
| &nbsp;&nbsp; 2024 | 8.76 | 0.38 | (0.07) | 0.31 | (0.38) |  | (0.38) | 8.69 | 3.64 | 3975260 | 0.15 | 0.32 | 4.38 | 124 |
| &nbsp;&nbsp; 2023 | 9.24 | 0.32 | (0.48) | (0.16) | (0.32) |  | (0.32) | 8.76 | (1.72) | 4159244 | 0.15 | 0.32 | 3.62 | 136 |
| &nbsp;&nbsp; 2022 | 10.61 | 0.26 | (1.24) | (0.98) | (0.26) | (0.13) | (0.39) | 9.24 | (9.56) | 3468050 | 0.15 | 0.32 | 2.49 | 135 |
| &nbsp;&nbsp; 2021 | 10.88 | 0.29 | (0.03) | 0.26 | (0.29) | (0.24) | (0.53) | 10.61 | 2.30 | 3938939 | 0.15 | 0.32 | 2.62 | 103 |
| **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $21.41 | $0.39 | $2.79 | $3.18 | $(0.39) | $(5.58) | $(5.97) | $18.62 | 15.83% | $1684842 | 0.03% | 0.67% | 1.88% | 26% |
| &nbsp;&nbsp; 2024 | 19.05 | 0.42 | 4.32 | 4.74 | (0.24) | (2.14) | (2.38) | 21.41 | 26.35 | 1701367 | 0.03 | 0.67 | 2.07 | 2 |
| &nbsp;&nbsp; 2023 | 21.93 | 0.35 | (0.59) | (0.24) | (0.98) | (1.66) | (2.64) | 19.05 | (0.22) | 1756309 | 0.07 | 0.67 | 1.79 | 25 |
| &nbsp;&nbsp; 2022 | 25.07 | 0.29 | 0.82 | 1.11 | (1.55) | (2.70) | (4.25) | 21.93 | 3.00 | 1883125 | 0.08 | 0.67 | 1.17 | 13 |
| &nbsp;&nbsp; 2021 | 19.41 | 0.30 | 7.99 | 8.29 | (0.44) | (2.19) | (2.63) | 25.07 | 45.21 | 2059300 | 0.08 | 0.66 | 1.34 | 17 |
| **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** |
| **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** | **Class A** |
| &nbsp;&nbsp; 2025 | $7.35 | $0.30 | $(0.01) | $0.29 | $(0.36) | $— | $(0.36) | $7.28 | 4.17% | $781955 | 0.59%<sup>(3)</sup> | 1.01% | 4.06% | 41% |
| &nbsp;&nbsp; 2024 | 7.11 | 0.34 | 0.17 | 0.51 | (0.27) |  | (0.27) | 7.35 | 7.27 | 805347 | 1.29<sup>(4)</sup> | 1.71 | 4.69 | 44 |
| &nbsp;&nbsp; 2023 | 8.61 | 0.33 | (0.81) | (0.48) | (1.02) |  | (1.02) | 7.11 | (6.04) | 801743 | 1.03<sup>(4)</sup> | 1.44 | 4.19 | 96 |
| &nbsp;&nbsp; 2022 | 8.21 | 0.36 | 0.84 | 1.20 | (0.80) |  | (0.80) | 8.61 | 15.80 | 784563 | 0.41<sup>(4)</sup> | 0.82 | 4.32 | 54 |
| &nbsp;&nbsp; 2021 | 7.36 | 0.20 | 0.83 | 1.03 | (0.18) |  | (0.18) | 8.21 | 14.17 | 711205 | 0.43<sup>(4)</sup> | 0.84 | 2.58 | 63 |

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.

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| | |
|:---|:---|
| \* | Includes Fees Paid Indirectly, if applicable. There was no impact to the expense ratios. See Note 6 in Notes to Financial Statements. |
| <sup>†</sup> | Returns and portfolio turnover rates are for the period indicated and have not been annualized. Returns do not reflect the deduction of taxes the shareholder would pay on fund distributions or redemption of fund shares. |
| (1) | Per share calculated using average shares. |
| (2) | The expense ratio includes a proxy fee expense. Had this expense been excluded the ratio would have been 0.10%. |
| (3) | The expense ratio includes dividend, interest, and proxy fee expense. Had this expense been excluded the ratio would have been 0.21%. |
| (4) | The expense ratio includes interest expense on reverse repurchase agreements and dividend expense on securities sold short. Had this expense been excluded the ratio would have been 0.21%. |

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Amounts designated as "—" are $0.

The accompanying notes are an integral part of the financial statements.

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SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS** 

May 31, 2025

1. ORGANIZATION

SEI Institutional Investments Trust (the "Trust") was organized as a Massachusetts business trust under a Declaration of Trust dated March 1, 1995. The Trust commenced operations on June 14, 1996.

The Trust is registered under the Investment Company Act of 1940, as amended, as an open-end investment company with 26 registered funds: Large Cap, Large Cap Disciplined Equity, Large Cap Index, S&P 500 Index, Extended Market Index, Small Cap, Small Cap II, Small/Mid Cap Equity, U.S. Equity Factor Allocation, U.S. Managed Volatility, Global Managed Volatility, World Equity Ex-US, Screened World Equity Ex-US, Emerging Markets Equity, Opportunistic Income, Core Fixed Income, High Yield Bond, Long Duration, Long Duration Credit, Ultra Short Duration Bond, Emerging Markets Debt, Real Return, Limited Duration Bond, Intermediate Duration Credit, Dynamic Asset Allocation and Multi-Asset Real Return (each a "Fund," collectively, the "Funds") each of which are diversified Funds with the exception of the Emerging Markets Debt and Multi-Asset Real Return Funds. The Trust is registered to offer Class A shares of all Funds. The assets of each Fund are segregated, and a shareholder's interest is limited to the Fund in which shares are held. The Trust's prospectus provides a description of each Fund's investment goals, principal strategies and risks.

The DAA Commodity Strategy Subsidiary, Ltd. and the MARR Commodity Strategy Subsidiary, Ltd. (the "Subsidiaries") are wholly-owned subsidiaries of the Dynamic Asset Allocation and Multi-Asset Real Return Funds, respectively. The Subsidiaries are organized under the laws of the Cayman Islands as an exempt limited company. Information regarding the Dynamic Asset Allocation and Multi-Asset Real Return Funds and their respective subsidiary has been consolidated on the Consolidated Schedule of Investments, Consolidated Statements of Assets and Liabilities, Consolidated Statements of Operations, Consolidated Statements of Changes in Net Assets and Consolidated Financial Highlights.

2. SIGNIFICANT ACCOUNTING POLICIES

The following are significant accounting policies, which are consistently followed in the preparation of its financial statements by the Funds. The Funds are investment companies that apply the accounting and reporting guidance issued in Topic 946 by the U.S. Financial Accounting Standards Board ("FASB").

**Use of Estimates** — The preparation of financial statements, in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure

of contingent assets and liabilities as of the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

**Security Valuation** — Pursuant to the requirements of the 1940 Act and Rule 2a-5, the administrator, as delegated by the Board of Trustees (the "Board"), has the responsibility for the valuation of Fund investments with readily available market quotations in accordance with the Funds' Valuation and Pricing Policy. The Trust's Board of Trustees has designated SEI Investments Management Corporation ("SIMC") as the Valuation Designee for the Funds pursuant to Rule 2a-5 (the "Rule") under the 1940 Act. The Valuation Designee has the responsibility for the fair value determination with respect to all Fund investments that do not have readily available market quotations or quotations that are no longer reliable. SIMC, in furtherance of the Board's designation, has appointed a committee of SIMC persons to function as the Valuation Designee (the "Committee") and has established a Valuation and Pricing Policy to implement the Rule and the Funds' Valuation and Pricing Policy (together the "Policy"). When valuing portfolio securities, a Fund values securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (other than securities traded on National Association of Securities Dealers Automated Quotations ("NASDAQ") or as otherwise noted below) are valued at the last quoted sale price on an exchange or market (foreign or domestic) on which the securities are traded, or, if there is no such reported sale, at the most recent quoted bid price. The Funds value securities traded on NASDAQ at the NASDAQ official closing price. If available, debt securities, swaps (which are not centrally cleared), bank loans or debt tranches of collateralized debt obligations (including collateralized loan obligations), such as those held by the Funds, are priced based upon valuations provided by independent, third-party pricing agents. Such values generally reflect the last reported sales price if the security is actively traded. The third-party pricing agents may also value debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations or other methodologies designed to identify the market value for such securities. Redeemable securities issued by open-end investment companies are valued at the investment company's applicable net asset value, with the exception of ETFs, which are priced as equity securities. These open-end investment companies' shares are offered in separate prospectuses, each of which describes the process by which the applicable investment company's net asset value is determined. The prices of foreign securities are reported in local currency and converted to U.S. dollars

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SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

using currency exchange rates. If a security's price cannot be obtained, as noted above, or in the case of an equity tranche of a collateralized debt obligations/collateralized loan obligations, the Funds will value the securities using a bid price from at least one independent broker.

On the first day a new debt security purchase is recorded, if a price is not available from a third-party pricing agent or an independent broker, the security may be valued at its purchase price. Each day thereafter, the debt security will be valued according to the Policy until a price from an independent source can be secured. Securities held by a Fund with remaining maturities of 60 days or less may be valued by the amortized cost method, which involves valuing a security at its cost on the date of purchase and thereafter (absent unusual circumstances) assuming a constant amortization to maturity of any discount or premium, regardless of the impact of fluctuations in general market rates of interest on the value of the instrument. While this method provides certainty in valuation, it may result in periods during which value, as determined by this method, is higher or lower than the price a Fund would receive if it sold the instrument. Further, the value of securities in the Fund can be expected to vary inversely with changes in prevailing interest rates. Should existing credit, liquidity or interest rate conditions in the relevant markets and issuer-specific circumstances suggest that amortized cost does not approximate fair value, then the amortized cost method may not be used.

Options and warrants are valued at the last quoted sales price. If there is no such reported sale on the valuation date, long positions are valued at the most recent bid price, and short positions are valued at the most recent ask price.

Futures and swaps cleared through a central clearing house ("centrally cleared swaps") are valued at the settlement price established each day by the board of exchange on which they are traded. The daily settlement prices for financial futures and centrally cleared swaps are provided by an independent source. On days when there is excessive volume, market volatility or the future or centrally cleared swap does not end trading by the time a Fund calculates its Net Asset Value ("NAV"), the settlement price may not be available at the time at which the Fund calculates its NAV. On such days, the best available price (which is typically the last sales price) may be used to value a Fund's futures or centrally cleared swaps position.

Foreign currency forward contracts are valued at the current day's interpolated foreign exchange rate, as calculated using the current day's spot rate, and the thirty, sixty, ninety and one-hundred eighty day forward rates provided by an independent source.

Prices for most securities held by a Fund are provided daily by third-party independent pricing agents. SIMC or a Sub-Adviser ("Sub-Adviser"), as applicable, reasonably believes that prices provided by independent pricing agents are reliable. However, there can be no assurance that such pricing service's prices will be reliable. SIMC will continuously monitor the reliability of prices obtained from any pricing service and shall promptly notify the Funds' administrator if it believes that a particular pricing service is no longer a reliable source of prices. The Funds' administrator, in turn, will notify the Committee if it receives such notification from a Sub-Adviser, as applicable, or if the Funds' administrator reasonably believes that a particular pricing service is no longer a reliable source for prices.

The Policy provides that any change in a primary pricing agent or a pricing methodology requires prior approval by the Board. However, when the change would not materially affect valuation of a Fund's net assets or involve a material departure in pricing methodology from that of a Fund's existing pricing agent or pricing methodology, ratification may be obtained at the next regularly scheduled meeting of the Board.

Securities for which market prices are not readily available, for which market prices are determined to be unreliable, or which cannot be valued using the methodologies described above are valued in accordance with Rule 2a-5 and the Policy.

The Valuation Designee must monitor for circumstances that may necessitate that a security be valued using Fair Value Procedures which can include: (i) the security's trading has been halted or suspended, (ii) the security has been de-listed from a national exchange, (iii) the security's primary trading market is temporarily closed at a time when under normal conditions it would be open, (iv) the security has not been traded for an extended period of time, (v) the security's primary pricing source is not able or willing to provide a price, (vi) trading of the security is subject to local government-imposed restrictions; or (vii) a significant event (as defined below). When a security is valued in accordance with the Policy, the Committee will determine the value after taking into consideration relevant information reasonably available to the Committee. Examples of factors the Committee may consider include: (i) the type of security or asset, (ii) the last trade price, (iii) evaluation of the forces that influence the market in which the security is purchased and sold, (iv) the liquidity of the security, (v) the size of the holding in a Fund or (vi) any other appropriate information.

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SEI Institutional Investments Trust

The Committee is responsible for selecting and applying, in a consistent manner, the appropriate methodologies for determining and calculating the fair value of holdings of the Funds, including specifying the key inputs and assumptions specific to each asset class or holding.

The determination of a security's fair value price often involves the consideration of a number of subjective factors, and is therefore subject to the unavoidable risk that the value assigned to a security may be higher or lower than the security's value would be if a reliable market quotation for the security was readily available.

For securities that principally trade on a foreign market or exchange, a significant gap in time can exist between the time of a particular security's last trade and the time at which a Fund calculates its NAV. The closing prices of such securities may no longer reflect their market value at the time a Fund calculates NAV if an event that could materially affect the value of those securities (a "Significant Event"), including substantial fluctuations in domestic or foreign markets or occurrences not tied directly to the securities markets, such as natural disasters, armed conflicts or significant governmental actions, has occurred between the time of the security's last close and the time that a Fund calculates NAV. A Fund may invest in securities that are primarily listed on foreign exchanges that trade on weekends or other days when a Fund does not price its shares. As a result, the NAV of a Fund's shares may change on days when shareholders will not be able to purchase or redeem Fund shares.

A Significant Event may relate to a single issuer or to an entire market sector. If SIMC or a Sub-Adviser becomes aware of a Significant Event that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the security or securities principally trade, but before the time at which the Funds calculate NAV, it may request that a Committee meeting be called. In addition, the Funds use several processes, with respect to certain securities to monitor the pricing data supplied by various sources, including price comparisons and price movements. Any identified discrepancies are researched and subject to the procedures described above.

All of the Funds which hold international securities use a third-party fair valuation vendor. The vendor provides a fair value for foreign securities held by the Funds based on certain factors and methodologies (involving, generally, tracking valuation correlations between the U.S. market and each non-U.S. security). Values from the fair value vendor are applied in the event that there is a movement in the U.S. market that exceeds a specific threshold that has been established by the Committee. The Committee has also established a "confidence interval" which is used

to determine the level of historical correlation between the value of a specific foreign security and movements in the U.S. market before a particular security will be fair valued when the threshold is exceeded. In the event that the threshold established by the Committee is exceeded on a specific day, these Funds will value the non-U.S. securities in their portfolios that exceed the applicable "confidence interval" based upon the adjusted prices provided by the fair valuation vendor.

In accordance with U.S. GAAP, fair value is defined as the price that a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. A three tier hierarchy has been established to maximize the use of observable and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing an asset. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability based on the best information available in the circumstances.

The three-tier hierarchy of inputs is summarized in the three broad Levels listed below:

**Level 1** — quoted prices in active markets for identical investments;

**Level 2** — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risks, etc.) or quoted prices for identical instruments in inactive markets; and

**Level 3** — significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

Investments are classified within the level of the lowest significant input considered in determining fair value. Investments classified within Level 3 whose fair value measurement considers several inputs may include Level 1 or Level 2 inputs as components of the overall fair value measurement.

Debt securities are valued in accordance with the evaluated bid price supplied by the pricing service and generally categorized as Level 2 in the hierarchy. Other securities that are categorized as Level 2 in the hierarchy include, but are not limited to, preferred stocks, bank loans, warrants, swaps and forward contracts. The Fund may use a systematic

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SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

fair valuation model provided by an independent pricing service to value foreign equity securities in order to adjust for stale pricing, which may occur between the close of certain foreign exchanges and the New York Stock Exchange. These are generally categorized as Level 2 in the hierarchy.

When independent prices are unavailable or unreliable, debt securities and swaps may be valued utilizing pricing matrices which consider similar factors that would be used by independent pricing services. These are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances. For certain collateralized debt obligations, corporate obligations, mortgage backed securities, auction rate preferred securities and loan participations where observable inputs are limited, assumptions about market activity and risk are used and are categorized as Level 3 in the hierarchy.

The valuation techniques used by the Funds to measure fair value during the year ended May 31, 2025 maximized the use of observable inputs and minimized the use of unobservable inputs. For details of the investment classification, reference the Schedules of Investments.

**Security Transactions and Investment Income** — Security transactions are recorded on the trade date. Costs used in determining net realized capital gains and losses on the sale of securities are on the basis of specific identification. Dividend income and expense is recognized on the ex-dividend date, and interest income and expense is recognized using the accrual basis of accounting. Income from payment-in-kind securities is recorded daily based on the effective interest method of accrual.

Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments and/or as a realized gain. The Trust estimates the components of distributions received that may be considered nontaxable distributions or capital gain distributions.

Amortization and accretion is calculated using the scientific interest method, which approximates the effective interest method over the holding period of the security. Amortization of premiums and discounts is included in interest income. Consent fees and amendment income received from Bank Loans is recorded as interest income in the accompanying Statements of Operations/Consolidated Statements of Operations.

For Treasury Inflation-Protected Securities, the principal amount is adjusted daily to keep pace with inflation.

Interest is accrued based on the adjusted principal amount. The adjustments to principal due to inflation are reflected as increases or decreases to interest in the accompanying Statements of Operations/Consolidated Statements of Operations. Such adjustments may have a significant impact on a Fund's distributions.

**Cash and Cash Equivalents** — Idle cash and currency balances may be swept into various overnight sweep accounts and are classified as cash and cash equivalents on the Statements of Assets and Liabilities/Consolidated Statements of Assets and Liabilities and Consolidated Statements of Cash Flows. These amounts, at times, may exceed United States federally insured limits. Amounts swept are available on the next business day.

Cash Equivalents, as shown on the Schedule of Investments/Consolidated Schedule of Investments, are classified as Investments on the Statements of Assets and Liabilities/Consolidated Statements of Assets and Liabilities.

**Repurchase Agreements** — Securities pledged as collateral for repurchase agreements are held by each Fund's custodian bank until the repurchase date of the repurchase agreement. The Funds may also invest in tri-party repurchase agreements. Securities held as collateral for tri-party repurchase agreements are maintained by the broker's custodian bank in a segregated account until the repurchase date of the repurchase agreement. Provisions of the repurchase agreements and the Trust's policies require that the market value of the collateral, including accrued interest thereon, is sufficient in the event of default by the counterparty. If the counterparty defaults and the value of the collateral declines, or if the counterparty enters into an insolvency proceeding, realization of the collateral by the Funds may be delayed or limited. Refer to each Fund's Schedule of Investments or Consolidated Schedule of Investments for details regarding open repurchase agreements as of May 31, 2025, if applicable.

**Reverse Repurchase Agreements** — To the extent consistent with its Investment Objective and Strategies, a Fund may enter into reverse repurchase agreements. A reverse repurchase agreement involves the sale of portfolio assets together with an agreement to repurchase the same assets later at a fixed price. Assets are then segregated to cover the requirements to repurchase the assets. The segregated assets may consist of cash, U.S. Government securities, or other liquid securities at least equal in value to the obligations under the reverse repurchase agreements. In the event the buyer of securities under a reverse repurchase agreement files for bankruptcy or

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SEI Institutional Investments Trust

becomes insolvent, a Fund's use of the proceeds under the reverse repurchase agreement may be restricted pending a determination by the other party, or its trustee or receiver, whether to enforce the obligation to repurchase the securities. Refer to each Fund's Schedule of Investments or Consolidated Schedule of Investments for details regarding open reverse repurchase agreements as of May 31, 2025, if applicable.

**Expenses** — Expenses that are directly related to a Fund are charged directly to that Fund. Other operating expenses of the Funds are prorated to the Funds on the basis of relative net assets.

**Commodity-Linked Investments** — To the extent consistent with its Investment Objective and Strategies, the Dynamic Asset Allocation and Multi-Asset Real Return Funds may invest in commodity investments to provide exposure to the investment returns of the commodities markets. Commodity investments include notes with interest payments that are tied to an underlying commodity or commodity index, ETFs or other exchange-traded products that are tied to the performance of a commodity or commodity index or other types of commodities or commodity indices. The Dynamic Asset Allocation and Multi-Asset Real Return Funds may also invest in equity securities of issuers in commodity-related industries.

The Dynamic Asset Allocation and Multi-Asset Real Return Funds may also seek to gain exposure to the commodity markets, in whole or in part, through investments in a wholly owned Subsidiary. The Subsidiary, unlike the Fund, may invest to a significant extent directly in commodities and in equity-linked securities and commodity-linked derivative instruments, including options, futures contracts, swaps, options on futures contracts and commodity-linked structured notes. The Subsidiary may also invest in other instruments in which the Fund is permitted to invest, either as investments or to serve as margin or collateral for its derivative positions. A Fund may invest up to 25% of its total assets in its Subsidiary.

In order for a Fund to qualify as a regulated investment company under Subchapter M of the Code, the Fund must derive at least 90% of its gross income each taxable year from qualifying income. The status of certain commodity-linked derivative instruments as qualifying income has been addressed in Revenue Ruling 2006-1 and Revenue Ruling 2006-31 which provide that income from certain commodity-linked derivative instruments in which the Fund invests will not be considered qualifying income. To the extent the Dynamic Asset Allocation and Multi-Asset Real Return Funds invest in such instruments directly, each Fund will seek to restrict its income from commodity-linked

derivative instruments that do not generate qualifying income, such as commodity-linked swaps, to a maximum of 10% of its gross income (when combined with its other investments that produce non-qualifying income).

**Foreign Currency Translation** — The books and records of the Funds investing in international securities are maintained in U.S. dollars on the following basis:

(I) market value of investment securities, assets and liabilities at the current rate of exchange; and

(II) purchases and sales of investment securities, income and expenses at the relevant rates of exchange prevailing on the respective dates of such transactions.

The Funds do not isolate that portion of gains and losses on investments that is due to changes in the foreign exchange rates from that which is due to changes in market prices of investments.

The Funds report certain foreign-currency-related transactions as components of realized gains for financial reporting purposes, whereas such components are treated as ordinary income for Federal income tax purposes.

**Forward Foreign Currency Contracts** — To the extent consistent with its Investment Objective and Strategies, a Fund may enter into forward foreign currency contracts as hedges against either specific transactions, fund positions or anticipated fund positions. A Fund may also engage in currency transactions to enhance that Fund's returns. All commitments are marked-to-market daily at the applicable foreign exchange rate, and any resulting unrealized gains or losses are recorded currently. A Fund realizes gains and losses at the time forward contracts are extinguished. Unrealized gains or losses on outstanding positions in forward foreign currency contracts held at the close of the period are recognized as ordinary income or loss for Federal income tax purposes.

A Fund could be exposed to risk if the counterparties to the contracts are unable to meet the terms of the contract and from unanticipated movements in the value of a foreign currency relative to the U.S. dollar.

Finally, the risk exists that losses could exceed amounts disclosed on the Statements of Assets and Liabilities or Consolidated Statements of Assets and Liabilities. Refer to each Fund's Schedule of Investments or Consolidated Schedule of Investments for details regarding open forward foreign currency contracts as of May 31, 2025, if applicable.

**Futures Contracts** — To the extent consistent with its Investment Objective and Strategies, a Fund may use futures contracts for tactical hedging purposes as well as

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SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

to enhance the Fund's returns. In addition, fixed income funds will utilize futures contracts to help manage duration and yield curve exposure. These Funds' investments in futures contracts are designed to enable the Funds to more closely approximate the performance of their benchmark indices. Initial margin deposits of cash or securities are made upon entering into futures contracts. The contracts are marked-to-market daily and the resulting changes in value are accounted for as unrealized gains and losses. Variation margin payments are paid or received, depending upon whether unrealized gains or losses are incurred. When contracts are closed, the Funds record a realized gain or loss equal to the difference between the proceeds from (or cost of) the closing transaction and the amount invested in the contract.

Risks of entering into futures contracts include the possibility that there will be an imperfect price correlation between the futures and the underlying securities. Second, it is possible that a lack of liquidity for futures contracts could exist in the secondary market, resulting in an inability to close a position prior to its maturity date. Third, futures contracts involve the risk that a Fund could lose more than the original margin deposit required to initiate a futures transaction.

Finally, the risk exists that losses could exceed amounts disclosed on the Statements of Assets and Liabilities or Consolidated Statements of Assets and Liabilities. Refer to each Fund's Schedule of Investments or Consolidated Schedule of Investments for details regarding open futures contracts as of May 31, 2025, if applicable.

**Master Limited Partnerships** — Investments in units of master limited partnerships ("MLPs") involve risks that differ from an investment in common stock. Holders of the units of master limited partnerships have more limited control and limited rights to vote on matters affecting the partnership. There are also certain tax risks associated with an investment in units of master limited partnerships. In addition, conflicts of interest may exist between common unit holders, subordinated unit holders and the general partner of a master limited partnership, including a conflict arising as a result of incentive distribution payments. The benefit a Fund derives from investment in MLP units is largely dependent on the MLPs being treated as partnerships and not as corporations for federal income tax purposes. If an MLP were classified as a corporation for federal income tax purposes, there would be reduction in the after-tax return to a Fund of distributions from the MLP, likely causing a reduction in the value of a Fund's shares. MLP entities are typically focused in the energy, natural resources and real estate sectors of the economy. A downturn in the energy, natural resources or real estate

sectors of the economy could have an adverse impact on a Fund. At times, the performance of securities of companies in the energy, natural resources and real estate sectors of the economy may lag the performance of other sectors or the broader market as a whole. Refer to each Fund's Schedule of Investments or Consolidated Schedule of Investments for details regarding Master Limited Partnerships, if applicable.

**Options/Swaptions Writing/Purchasing** — To the extent consistent with its Investment Objective and Strategies, a Fund may invest in financial options/swaptions contracts for the purpose of hedging its existing portfolio securities, or securities that a Fund intends to purchase, against fluctuations in fair market value caused by changes in prevailing market interest rates. A Fund may also invest in financial option/swaption contracts to enhance its returns. When the Fund writes or purchases an option/swaption, an amount equal to the premium received or paid by the Fund is recorded as a liability or an asset and is subsequently adjusted to the current market value of the option/swaption written or purchased. Premiums received or paid from writing or purchasing options/swaptions which expire unexercised are treated by the Fund on the expiration date as realized gains or losses. The difference between the premium and the amount paid or received on effecting a closing purchase or sale transaction, including brokerage commissions, is also treated as a realized gain or loss. If an option/swaption is exercised, the premium paid or received is added to the cost of the purchase or proceeds from the sale in determining whether the Fund has realized a gain or a loss.

The risk in writing a call option/swaption is a Fund may give up the opportunity for profit if the market price of the security increases. The risk in writing a put option/swaption is a Fund may incur a loss if the market price of the security decreases and the option/swaption is exercised. The risk in purchasing an option/swaption is a Fund may pay a premium whether or not the option/swaption is exercised. The Funds also have the additional risk of being unable to enter into a closing transaction at an acceptable price if a liquid secondary market does not exist. Option/swaption contracts also involve the risk that they may not work as intended due to unanticipated developments in market conditions or other causes.

Finally, the risk exists that losses on written options could exceed amounts disclosed on the Statements of Assets and Liabilities. Refer to each Fund's Schedule of Investments or Consolidated Schedule of Investments for details regarding open option/swaption contracts as of May 31, 2025, if applicable.

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SEI Institutional Investments Trust

**Securities Sold Short**—To the extent consistent with its Investment Objective and Strategies, a Fund may engage in short sales. Short sales are transactions under which a Fund sells a security it does not own. To complete such a transaction, a Fund must borrow the security to make delivery to the buyer. A Fund then is obligated to replace the security borrowed by purchasing the security at the market price at the time of the replacement. The price at such time may be more or less than the price at which the security was sold by a Fund. Until the security is replaced, a Fund is required to pay the lender amounts equal to any dividends or interest that accrue during the period of the loan. Dividends and interest are shown as an expense for financial reporting purposes. To borrow the security, a Fund also may be required to pay a premium, which would decrease proceeds of the security sold. The proceeds of the short sale are retained by the broker, to the extent necessary to meet margin requirements, until the short position is closed out. A gain, limited to the price at which a Fund sold the security short, or a loss, unlimited in size, will be recognized upon the close of a short sale.

A Fund must comply with Rule 18f-4 under the 1940 Act with respect to its short sale borrowings, which are considered Derivative Transactions under the Rule. Refer to each Fund's Schedule of Investments or Consolidated Schedule of Investments for details regarding securities sold short as of May 31, 2025, if applicable.

**Swap Agreements** — To the extent consistent with its Investment Objective and Strategies, a Fund may invest in swap contracts as an efficient means to synthetically obtain exposure to securities or baskets of securities and to manage a Fund's interest rate duration and yield curve exposure. Swap contracts may also be used to mitigate a Fund's overall level of risk and/or a Fund's risk to particular types of securities, currencies or market segments. Interest rate swaps may further be used to manage a Fund's yield spread sensitivity. A Fund may buy swaps in an attempt to manage credit risk where a Fund has credit exposure to an issuer, and a Fund may sell credit default swaps to more efficiently gain credit exposure to a security or basket of securities. A swap agreement is a two-party contract under which an agreement is made to exchange returns from predetermined investments or instruments, including a particular interest rate, foreign currency, or "basket" of securities representing a particular index. Swap agreements are privately negotiated in the over-the-counter market ("OTC swaps") or may be executed in a multilateral or other trade facility platform, such as a registered commodities exchange ("Centrally Cleared swaps"). Interest rate swaps involve the exchange by a Fund with another party of their respective commitments to pay or receive interest

(e.g., an exchange of floating rate payments for fixed rate payments) with respect to a notional amount of principal. Credit-default swaps involve periodic payments by a Fund or counterparty based on a specified rate multiplied by a notional amount assigned to an underlying debt instrument or group of debt instruments in exchange for the assumption of credit risk on the same instruments. In the event of a credit event, usually in the form of a credit rating downgrade, the party receiving periodic payments (i.e. floating rate payer) must pay the other party (i.e. fixed rate payer) an amount equal to the recovery rate used to settle the contracts. The recovery rate is a function of how many credit default swap investors wish to deliver the security or receive the security. The recovery rate is determined through an auction process. Total return swaps allow an investor to benefit from the cash flow without ever actually owning the underlying security. The receiver must pay any decline in value to the payer at the end of the total return swap. However, the investor does not need to make a payment if there is no decline in price. Payments can be made on various indices, bonds (i.e. mortgage backed securities, bank debt and corporate), loans or commodities. The value of a total return swap is equal to the change in value of the underlying asset versus the accrued income payment based on SOFR or some other form of indices on the notional amount. Interest rate swaps involve the exchange by a Fund with another party of their respective commitments to pay or receive interest (e.g., an exchange of floating rate payments for fixed rate payments) with respect to a notional amount of principal to manage a Fund's exposure to interest rates. Payments received or made are recorded as realized gains or loss. A Fund could be exposed to credit or market risk due to unfavorable changes in the fluctuation of interest rates or if the counterparty defaults on its obligation to perform. Risk of loss may exceed amounts recognized on the Statements of Assets and Liabilities or Consolidated Statements of Assets and Liabilities. Interest rate swap contracts outstanding at period end, if any, are listed after a Fund's portfolio. In connection with swap agreements securities may be set aside as collateral by a Fund's custodian.

Swaps are marked-to-market daily based upon quotations from market makers and the resulting changes in market values, if any, are recorded as an unrealized gain or loss on the Statements of Operations or Consolidated Statements of Operations. Net payments of interest are recorded as realized gains or losses. Daily changes in valuation of Centrally Cleared swaps, if any, are recorded as a receivable or payable for the change in value as appropriate ("variation margin") on the Statements of Assets and Liabilities or Consolidated Statements of Assets and Liabilities.

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SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

Entering into swap agreements involves, to varying degrees, elements of credit and market risk in excess of the amounts recognized on the Statements of Assets and Liabilities or Consolidated Statements of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these agreements, that the counterparty to the agreement may default on its obligation to perform and that there may be unfavorable changes in the fluctuation of interest rates. Risks also arise from potential losses from adverse market movements.

This risk is mitigated by having a master netting arrangement between a Fund and the counterparty and by having the counterparty post collateral to cover a Fund's exposure to the counterparty. See Note 3 for further details. Refer to each Fund's Schedule of Investments or Consolidated Schedule of Investments for details regarding open swap agreements as of May 31, 2025, if applicable.

**Forward Treasury Commitments** — To the extent consistent with its Investment Objective and Strategies, a Fund may invest in commitments to purchase U.S. Treasury securities on an extended settlement basis. Such transactions involve the commitment to purchase a security with payment and delivery taking place in the future, sometimes a month or more after the transaction date. The Funds account for such transactions as purchases and sales and record an unrealized gain or loss each day equal to the difference between the cost of the purchase commitment and the current market value. Realized gains or losses are recorded upon closure or settlement of such commitments. No interest is earned prior to settlement of the transaction. These instruments are subject to market fluctuation due to changes in interest rates and the market value at the time of settlement could be higher or lower than the purchase price. A Fund may incur losses due to changes in the value of the underlying treasury securities from interest rate fluctuations or as a result of counterparty nonperformance.

**Delayed Delivery Transactions** — To the extent consistent with its Investment Objective and Strategies, a Fund may purchase or sell securities on a when-issued or delayed delivery basis. These transactions involve a commitment by the Fund to purchase or sell securities for a predetermined price or yield, with payment and delivery taking place beyond the customary settlement period. When purchasing a security on a delayed delivery basis, the Fund assumes the rights and risks of ownership of the security, including the risk of price and yield fluctuations, and takes such fluctuations into account when determining its net asset value. The Funds may dispose of or renegotiate a delayed

delivery transaction after it is entered into, and may sell when-issued securities before they are delivered, which may result in a capital gain or loss. When the Fund has sold a security on a delayed delivery basis, the Fund does not participate in future gains and losses with respect to the security.

A Fund must comply with Rule 18f-4 under the 1940 Act with respect to its delayed delivery transactions, which are considered Derivative Transactions under the Rule. Refer to each Fund's Schedule of Investments or Consolidated Schedule of Investments for details regarding delayed delivery transactions as of May 31, 2025, if applicable.

**Participation Notes (P-Notes)** — To the extent consistent with its Investment Objective and Strategies, a Fund may acquire P-Notes issued by participating banks or broker-dealers. P-Notes are participation interest notes that are designed to offer a return linked to a particular underlying equity, debt, currency or market. The P-Notes in which the Fund may invest will typically have a maturity of one year. When purchasing a P-Note, the posting of margin is not required because the full cost of the P-Note (plus commission) is paid at the time of purchase. When the P-Note matures, the issuer will pay to, or receive from, the purchaser the difference between the minimal value of the underlying instrument at the time of purchase and that instrument's value at maturity. Investments in P-Notes involve the same risks associated with a direct investment in the underlying foreign companies of foreign securities markets that they seek to replicate.

In addition, there can be no assurance that the trading price of P-Notes will equal the underlying value of the foreign companies or foreign securities markets that they seek to replicate. The holder of a participation note that is linked to a particular underlying security is entitled to receive any dividends paid in connection with an underlying security or instrument. However, the holder of a participation note does not receive voting rights as it would if it directly owned the underlying security or instrument. P-Notes are generally traded over-the-counter. P-Notes constitute general unsecured contractual obligations of the banks or broker-dealers that issue them and the counterparty. There is also counterparty risk associated with these investments because the Fund is relying on the creditworthiness of such counterparty and has no rights under a participation note against the issuer of the underlying security. In addition, the Fund will incur transaction costs as a result of investments in P-Notes.

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SEI Institutional Investments Trust

**Loan Participations and Brady Bonds** — To the extent consistent with its Investment Objective and Strategies, a Fund may invest in Loan Participations. Loan Participations include fixed and floating rate loans that are privately negotiated between a corporate borrower and one or more financial institutions, including, but not limited to, term loans, revolvers, and other instruments issued in the bank loan market. Each Fund may acquire interests in loans directly (by way of assignment from the selling institution) or indirectly (by way of the purchase of a participation interest from the selling institution). Under a bank loan assignment, a Fund generally will succeed to all the rights and obligations of an assigning lending institution and becomes a lender under the loan agreement with the relevant borrower in connection with that loan. Under bank loan participation, the Fund generally will have a contractual relationship only with the lender, not with the relevant borrower. As a result, a Fund generally will have the right to receive payments of principal, interest, and any fees to which it is entitled only from the lender selling the participation and only upon receipt by the lender of the payments from the relevant borrower. The Fund may not directly benefit from the collateral supporting the debt obligation in which it has purchased the participation. As a result, a Fund will assume the credit risk of both the borrower and the institution selling the participation to the Fund as of May 31, 2025. The interest rate indicated in the Fund's Schedule of Investments is the rate in effect at May 31, 2025. Pursuant to the terms of certain loan agreements, the Funds may hold unfunded commitments in loan participations which are disclosed on the Statement of Assets and Liabilities. Unfunded commitments represent the remaining obligation of the Fund to the borrower. At any point in time, up to the maturity date of the issue, the borrower may demand the unfunded portion. Unfunded amounts, if any, are marked to market and any unrealized gains or losses are recorded in the Statement of Assets and Liabilities. The Funds disclose consent fees and amendment income in the Statement of Operations as "Interest income".

Certain debt obligations, customarily referred to as "Brady Bonds," are created through the exchange of existing commercial bank loans to foreign entities for new obligations in connection with debt restructuring under a plan introduced by former U.S. Secretary of the Treasury Nicholas F. Brady. Brady Bonds have only been issued since 1989, and, accordingly, do not have a long payment history. They are issued by governments that may have previously defaulted on the loans being restructured by the Brady Bonds, so they are subject to the risk of default by the issuer. They may be fully or partially collateralized or uncollateralized and issued in various currencies.

**Collateralized Debt Obligations** — To the extent consistent with its Investment Objective and Strategies, a Fund may invest in collateralized debt obligations ("CDOs"), which include collateralized loan obligations ("CLOs") and other similarly structured securities. CLOs are a type of asset-backed securities. A CLO is a trust typically collateralized by a pool of loans, which may include, among others, domestic and foreign senior secured loans, senior unsecured loans, and subordinate corporate loans, including loans that may be rated below investment grade or equivalent unrated loans. CDOs and CLOs may charge management fees and administrative expenses.

**Dividends and Distributions to Shareholders** — Dividends from net investment income are declared and paid to shareholders quarterly for the Large Cap, Large Cap Disciplined Equity, Large Cap Index, S&P 500 Index, Extended Market Index, Small Cap, Small Cap II, Small/Mid Cap Equity, U.S. Equity Factor Allocation, U.S. Managed Volatility, Opportunistic Income, Emerging Markets Debt and Real Return Funds; declared daily and paid monthly for the Core Fixed Income, High Yield Bond, Long Duration, Long Duration Credit, Ultra Short Duration Bond and Intermediate Duration Credit Funds; declared and paid at least annually for the Global Managed Volatility, World Equity Ex-US, Screened World Equity Ex-US, Emerging Markets Equity, Limited Duration Bond, Dynamic Asset Allocation and Multi-Asset Real Return Funds. Dividends and distributions are recorded on the ex-dividend date. Any net realized capital gains will be distributed at least annually by the Funds.

**Investments in Real Estate Investment Trusts ("REITs")** — Dividend income is recorded based on the income included in distributions received from the REIT investments using published REIT reclassifications including some management estimates when actual amounts are not available. For US REITs, distributions received in excess of this estimated amount are recorded as a reduction of the cost of investments or reclassified to capital gains. The actual amounts of income, return of capital, and capital gains are only determined by each REIT after its fiscal year-end, and may differ from the estimated amounts.

**Restricted Securities** — The Funds may invest in private placement investments that were purchased through private offerings or acquired through initial public offerings and cannot be sold without prior registration under the Securities Act of 1933 or pursuant to an exemption therefrom. In addition, the Funds have generally agreed to further restrictions on the disposition of certain holdings as set forth in various agreements entered into in connection with the purchase of these investments. These investments are valued at fair value as determined in accordance with

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SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

the procedures approved by the Board. Please refer to the Schedule of Investments for Funds that held Restricted Securities.

**Investment in Subsidiary** — The Dynamic Asset Allocation and Multi-Asset Real Return Funds may invest in their own Subsidiary. By investing in its Subsidiary, each Fund is indirectly exposed to the risks associated with the Subsidiary's investments. The commodity-related instruments held by a Subsidiary are generally similar to those that are permitted to be held by the applicable Fund and are subject to the same risks that apply to similar investments if held directly by the Fund. A Subsidiary, however, is not registered under the 1940 Act and will not be subject to all of the investor protections of the 1940 Act. Thus, the Dynamic Asset Allocation and Multi-Asset Real Return Funds, as investors in their own Subsidiary, will not have all of the protections offered to investors in registered investment companies.

However, each Fund wholly owns and controls its respective Subsidiary, and the Funds and the Subsidiaries are all managed by SIMC, making it unlikely that the Subsidiary will take action contrary to the interests of the applicable Fund or its shareholders. While a Subsidiary has its own Board of Directors ("Board") that is responsible for overseeing the operations of such Subsidiary, the respective Fund's Board has oversight responsibility for the investment activities of the Fund, including its investment in the respective Subsidiary, and the Fund's role as the sole shareholder of such Subsidiary. It is not currently expected that shares of the Subsidiary will be sold or offered to investors other than the respective Fund.

Changes in the laws of the United States and/or the Cayman Islands or governmental interpretation of such laws, under which the Fund and the Subsidiary, respectively, are organized, could result in the inability of the Fund and/or its respective Subsidiary to operate as intended and could negatively affect the Fund and its shareholders. For example, Cayman Islands law does not currently impose any income, corporate or capital gains tax, estate duty, inheritance tax, gift tax or withholding tax on the Subsidiaries. If Cayman Islands law changes such that the Subsidiaries must pay Cayman Islands governmental authority taxes, Fund shareholders would likely suffer decreased investment return.

3. CREDIT DERIVATIVES

A Fund may use credit default swaps to reduce risk where a Fund has exposure to the issuer, or to take an active long or short position with respect to the likelihood of an event of default. The reference obligation of the swap can be a single issuer, a "basket" of issuers, or an index. The underlying referenced assets are corporate debt, sovereign debt and asset backed securities.

The buyer of a credit default swap is generally obligated to pay the seller a periodic stream of payments over the term of the contract in return for a contingent payment upon the occurrence of a credit event with respect to an underlying reference obligation. Generally, a credit event for corporate or sovereign reference obligations means bankruptcy, failure to pay, obligation acceleration, repudiation/moratorium or restructuring. For credit default swaps on asset-backed securities, a credit event may be triggered by events such as failure to pay principal, maturity extension, rating downgrade or write-down.

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

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

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SEI Institutional Investments Trust

Certain Funds are party to International Swap Dealers Association, Inc. Master Agreements ("ISDA Master Agreements"). These agreements are with select counterparties and they govern transactions, including certain over-the counter derivative and foreign exchange contracts, entered into by the Funds and the counterparty.

The notional amounts of the swaps are not recorded in the financial statements; however the notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund was the seller of protection and a credit event were to occur. Those credit default swaps ("CDS") for which the Fund is providing protection at the balance sheet date are summarized as follows ($ Thousands):

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Emerging Markets Debt Fund** <br> **Maximum Potential Amount of Future Payments by Contract Term** | | | | | | |
|  | 0-6 Months | 6-12 Months | 1-5 Years | 5-10 Years | >10 Years | Total |
| Current credit spread\* on underlying (in basis points) |  |  |  |  |  |  |
| 0-300 | $— | $— | $— | $— | $— | $— |
| 301-400 |  |  | 700 |  |  | 700 |
| Greater than 400 |  |  |  |  |  |  |
| Total | $— | $— | $700 | $— | $— | $700 |

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\* 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.

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Multi-Asset Real Return Fund** <br> **Maximum Potential Amount of Future Payments by Contract Term** | | | | | | |
|  | 0-6 Months | 6-12 Months | 1-5 Years | 5-10 Years | >10 Years | Total |
| Current credit spread\* on underlying (in basis points) |  |  |  |  |  |  |
| 0-100 | $— | $— | $— | $11289 | $— | $11289 |
| Greater than 100 |  |  |  |  |  |  |
| Total | $— | $— | $— | $11289 | $— | $11289 |

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

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

4. DERIVATIVE TRANSACTIONS

The following tables show the derivatives categorized by underlying risk exposure.

The fair value of derivative instruments located on the Statements of Assets and Liabilities or Consolidated Statements of Assets and Liabilities as of May 31, 2025 was as follows ($ Thousands):

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | Asset Derivatives | | | Liability Derivatives | | |
| | Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities Location | Fair Value | | Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities Location | Fair Value | |
| **Large Cap Fund** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity contracts | Unrealized appreciation on futures contracts | $1013 | \* | Unrealized depreciation on futures contracts | $— | \* |
| Total derivatives not accounted for as hedging instruments |  | $1013 |  |  | $— |  |
| **Large Cap Disciplined Equity Fund** |  |  |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $2255 | \* | Unrealized depreciation on futures contracts | $— | \* |
|  | Unrealized appreciation on swap contracts | 1186 | <sup>†</sup> | Unrealized depreciation on swap contracts |  | <sup>†</sup> |
| Total derivatives not accounted for as hedging instruments |  | $3441 |  |  | $— |  |

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SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

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| | | | | |
|:---|:---|:---|:---|:---|
| | Asset Derivatives | | Liability Derivatives | |
| | Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities Location | Fair Value | Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities Location | Fair Value |
| **Large Cap Index Fund** |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $1816 \* | Unrealized depreciation on futures contracts | $— \* |
| Total derivatives not accounted for as hedging instruments |  | $1816 |  | $— |
| **S&P 500 Index Fund** |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $4118 \* | Unrealized depreciation on futures contracts | $— \* |
| Total derivatives not accounted for as hedging instruments |  | $4118 |  | $— |
| **Extended Market Index Fund** |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $1097 \* | Unrealized depreciation on futures contracts | $— \* |
| Total derivatives not accounted for as hedging instruments |  | $1097 |  | $— |
| **Small Cap Fund** |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $66 \* | Unrealized depreciation on futures contracts | $— \* |
| Total derivatives not accounted for as hedging instruments |  | $66 |  | $— |
| **Small Cap II Fund** |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $353 \* | Unrealized depreciation on futures contracts | $— \* |
| Total derivatives not accounted for as hedging instruments |  | $353 |  | $— |
| **Small/Mid Cap Equity Fund** |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $1030 \* | Unrealized depreciation on futures contracts | $— \* |
| Total derivatives not accounted for as hedging instruments |  | $1030 |  | $— |
| **U.S. Equity Factor Allocation Fund** |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $1410 \* | Unrealized depreciation on futures contracts | $— \* |
| Total derivatives not accounted for as hedging instruments |  | $1410 |  | $— |
| **U.S. Managed Volatility Fund** |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $114 \* | Unrealized depreciation on futures contracts | $— \* |
| Total derivatives not accounted for as hedging instruments |  | $114 |  | $— |

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SEI Institutional Investments Trust

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | Asset Derivatives | | | Liability Derivatives | | |
| | Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities Location | Fair Value | | Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities Location | Fair Value | |
| **Global Managed Volatility Fund** |  |  |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $23 | \* | Unrealized depreciation on futures contracts | $28 | \* |
| Foreign exchange contracts | Unrealized gain on forward foreign currency contracts | 1040 |  | Unrealized loss on forward foreign currency contracts | 1892 |  |
| Total derivatives not accounted for as hedging instruments |  | $1063 |  |  | $1920 |  |
| **World Equity Ex-US Fund** |  |  |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $1086 | \* | Unrealized depreciation on futures contracts | $47 | \* |
|  | Unrealized appreciation on swap contracts | 18102 | <sup>†</sup> | Unrealized depreciation on swap contracts |  | <sup>†</sup> |
| Total derivatives not accounted for as hedging instruments |  | $19188 |  |  | $47 |  |
| **Screened World Equity Ex-US Fund** |  |  |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $41 | \* | Unrealized depreciation on futures contracts | $6 | \* |
|  | Unrealized appreciation on swap contracts | 547 | <sup>†</sup> | Unrealized depreciation on swap contracts |  | <sup>†</sup> |
| Foreign exchange contracts | Unrealized gain on forward foreign currency contracts | 1 |  | Unrealized loss on forward foreign currency contracts | 8 |  |
|  |  | $589 |  |  | $14 |  |
| **Emerging Markets Equity Fund** |  |  |  |  |  |  |
| Equity contracts | Unrealized appreciation on futures contracts | $— | \* | Unrealized depreciation on futures contracts | $186 | \* |
| Total derivatives not accounted for as hedging instruments |  | $— |  |  | $186 |  |
| **Opportunistic Income Fund** |  |  |  |  |  |  |
| Interest rate contracts | Unrealized appreciation on futures contracts | $— | \* | Unrealized depreciation on futures contracts | $18 | \* |
| Total derivatives not accounted for as hedging instruments |  | $— |  |  | $18 |  |
| **Core Fixed Income Fund** |  |  |  |  |  |  |
| Interest rate contracts | Investments, at value\*\* | 2083 |  | Options and swaptions written, at value |  |  |
|  | Unrealized appreciation on futures contracts | $2957 | \* | Unrealized depreciation on futures contracts | $2863 | \* |
| Total derivatives not accounted for as hedging instruments |  | $5040 |  |  | $2863 |  |

---

------

SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | Asset Derivatives | | | Liability Derivatives | | |
| | Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities Location | Fair Value | | Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities Location | Fair Value | |
| **High Yield Bond Fund** |  |  |  |  |  |  |
| Foreign exchange contracts | Unrealized gain on forward foreign currency contracts | $— |  | Unrealized loss on forward foreign currency contracts | $40 |  |
| Total derivatives not accounted for as hedging instruments |  | $— |  |  | $40 |  |
| **Long Duration Fund** |  |  |  |  |  |  |
| Interest rate contracts | Unrealized appreciation on future contracts | $281 | \* | Unrealized depreciation on future contracts | $150 | \* |
| Total derivatives not accounted for as hedging instruments |  | $281 |  |  | $150 |  |
| **Long Duration Credit Fund** |  |  |  |  |  |  |
| Interest rate contracts | Unrealized appreciation on future contracts | $1828 | \* | Unrealized depreciation on future contracts | $741 | \* |
| Total derivatives not accounted for as hedging instruments |  | $1828 |  |  | $741 |  |
| **Emerging Markets Debt Fund** |  |  |  |  |  |  |
| Equity contracts | Unrealized appreciation on swap contracts | $— | <sup>†</sup> | Unrealized depreciation on swap contracts | $1 | <sup>†</sup> |
| Interest rate contracts | Unrealized appreciation on future contracts |  | \* | Unrealized depreciation on future contracts | 66 | \* |
|  | Unrealized appreciation on swap contracts | 7703 | <sup>†</sup> | Unrealized depreciation on swap contracts | 2165 | <sup>†</sup> |
|  | Investments, at value\*\* |  |  | Options and swaptions written, at value | 291 |  |
| Foreign exchange contracts | Unrealized gain on forward foreign currency contracts | 7876 |  | Unrealized loss on forward foreign currency contracts | 11064 |  |
|  | Investments, at value\*\* | 2279 |  | Options and swaptions written, at value | 768 |  |
| Credit contracts | Unrealized appreciation on swap contracts | 51 | <sup>†</sup> | Unrealized depreciation on swap contracts | 503 | <sup>†</sup> |
| Total derivatives not accounted for as hedging instruments |  | $17909 |  |  | $14858 |  |
| **Limited Duration Bond Fund** |  |  |  |  |  |  |
| Interest rate contracts | Unrealized appreciation on future contracts | $100 | \* | Unrealized depreciation on future contracts | $467 | \* |
|  | Investments, at value\*\* | $60 |  | Options and swaptions purchased, at value | $— |  |
| Total derivatives not accounted for as hedging instruments |  | $160 |  |  | $467 |  |
| **Intermediate Duration Credit Fund** |  |  |  |  |  |  |
| Interest rate contracts | Unrealized appreciation on futures contracts | $481 | \* | Unrealized depreciation on futures contracts | $841 | \* |
| Total derivatives not accounted for as hedging instruments |  | $481 |  |  | $841 |  |

---

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | Asset Derivatives | | | Liability Derivatives | | |
| | Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities Location | Fair Value | | Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities Location | Fair Value | |
| **Dynamic Asset Allocation Fund** |  |  |  |  |  |  |
| Interest rate contracts | Unrealized appreciation on swaps contracts | $81542 | <sup>†</sup> | Unrealized depreciation on swap contracts | $4408 | <sup>†</sup> |
|  | Investments, at value\*\* | 7284 |  | Options and swaptions written, at value | 1242 |  |
| Equity contracts | Unrealized appreciation on futures contracts | 14181 | \* | Unrealized depreciation on futures contracts |  | \* |
| Foreign exchange contracts | Investments, at value\*\* | 2770 |  | Options and swaptions written, at value | 1947 |  |
|  | Unrealized appreciation on swap contracts |  | <sup>†</sup> | Unrealized depreciation on swap contracts | 116 | <sup>†</sup> |
| Total derivatives not accounted for as hedging instruments |  | $105777 |  |  | $7713 |  |
| **Multi-Asset Real Return Fund** |  |  |  |  |  |  |
| Interest rate contracts | Unrealized appreciation on futures contracts | $321 | \* | Unrealized depreciation on futures contracts | $— | \* |
|  | Unrealized appreciation on swap contracts | 2404 | <sup>†</sup> | Unrealized depreciation on swap contracts | 197 | <sup>†</sup> |
| Equity contracts | Unrealized appreciation on futures contracts | 11 | \* | Unrealized depreciation on futures contracts | 6032 | \* |
| Credit contracts | Unrealized appreciation on swaps contracts | 10 | <sup>†</sup> | Unrealized depreciation on swaps contracts |  | <sup>†</sup> |
| Commodity contracts | Unrealized appreciation on futures contracts | 2546 | \* | Unrealized depreciation on futures contracts | 4576 | \* |
| Foreign exchange contracts | Unrealized gain on forward foreign currency contracts | 4 |  | Unrealized loss on forward foreign currency contracts |  |  |
| Total derivatives not accounted for as hedging instruments |  | $5296 |  |  | $10805 |  |

---

\* Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedules of Investments or Consolidated Schedule of Investments. Only current day's variation margin is reported within the Statements of Assets and Liabilities or Consolidated Statements of Assets and Liabilities.

\*\* Includes purchased options and/or swaptions.

<sup>†</sup> Includes cumulative appreciation/depreciation of swap contracts as reported in the Schedules of Investments or Consolidated Schedule of Investments. Market Value is reported within the Statements of Assets and Liabilities or Consolidated Statements of Assets and Liabilities for swap contracts that have paid premiums.

The effect of derivative instruments on the Statements of Operations or Consolidated Statements of Operations for the year ended May 31, 2025.

Amount of realized gain or (loss) on derivatives recognized in income ($ Thousands):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Derivatives Not Accounted for as Hedging Instruments | Purchased Options and Swaptions | Written Options and Swaptions | Futures | Forward<br> Currency<br> Contracts | Swaps | Total |
| **Large Cap Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $(712) | $— | $— | $(712) |
| Total | $— | $— | $(712) | $— | $— | $(712) |
| **Large Cap Disciplined Equity Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $1455 | $— | $(2570) | $(1115) |
| Total | $— | $— | $1455 | $— | $(2570) | $(1115) |
| **Large Cap Index Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $2370 | $— | $— | $2370 |
| Total | $— | $— | $2370 | $— | $— | $2370 |
| **S&P 500 Index Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | 7436 | $— | $— | $7436 |
| Total | $— | $— | $7436 | $— | $— | $7436 |

---

------

SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Derivatives Not Accounted for as Hedging Instruments | Purchased Options and Swaptions | Written Options and Swaptions | Futures | Forward<br> Currency<br> Contracts | Swaps | Total |
| **Extended Market Index Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $1285 | $— | $— | $1285 |
| Total | $— | $— | $1285 | $— | $— | $1285 |
| **Small Cap Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $465 | $— | $— | $465 |
| Total | $— | $— | $465 | $— | $— | $465 |
| **Small Cap II Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $(27) | $— | $— | $(27) |
| Total | $— | $— | $(27) | $— | $— | $(27) |
| **Small/Mid Cap Equity Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $(311) | $— | $— | $(311) |
| Total | $— | $— | $(311) | $— | $— | $(311) |
| **U.S. Equity Factor Allocation Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $752 | $— | $— | $752 |
| Total | $— | $— | $752 | $— | $— | $752 |
| **U.S. Managed Volatility Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $1043 | $— | $— | $1043 |
| Total | $— | $— | $1043 | $— | $— | $1043 |
| **Global Managed Volatility Fund** |  |  |  |  |  |  |
| Foreign exchange contracts | $— | $— | $— | $(13334) | $— | $(13334) |
| Equity contracts |  |  | 1632 |  |  | 1632 |
| Total | $— | $— | $1632 | $(13334) | $— | $(11702) |
| **World Equity Ex-US Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $17662 | $— | $(4026) | $13636 |
| Total | $— | $— | $17662 | $— | $(4026) | $13636 |
| **Screened World Equity Ex-US Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $360 | $— | $547 | $907 |
| Total | $— | $— | $360 | $— | $547 | $907 |
| **Emerging Markets Equity Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $1649 | $— | $— | $1649 |
| Total | $— | $— | $1649 | $— | $— | $1649 |
| **Opportunistic Income Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $(56) | $— | $— | $(56) |
| Total | $— | $— | $(56) | $— | $— | $(56) |
| **Core Fixed Income Fund** |  |  |  |  |  |  |
| Interest rate contracts | $(5402) | $4738 | $22636 | $— | $743 | $22715 |
| Foreign exchange contracts |  |  |  | (123) |  | (123) |
| Credit contracts |  |  |  |  | 1412 | 1412 |
| Total | $(5402) | $4738 | $22636 | $(123) | $2155 | $24004 |
| **High Yield Bond Fund** |  |  |  |  |  |  |
| Foreign exchange contracts | $— | $— | $— | $48 | $— | $48 |
| Total | $— | $— | $— | $48 | $— | $48 |
| **Long Duration Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $348 | $— | $151 | $499 |
| Total | $— | $— | $348 | $— | $151 | $499 |
| **Long Duration Credit Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $767 | $— | $286 | $1053 |
| Total | $— | $— | $767 | $— | $286 | $1053 |
| **Ultra Short Duration Bond Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $(147) | $— | $— | $(147) |
| Total | $— | $— | $(147) | $— | $— | $(147) |

---

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Derivatives Not Accounted for as Hedging Instruments | Purchased Options and Swaptions | Written Options and Swaptions | Futures | Forward<br> Currency<br> Contracts | Swaps | Total |
| **Emerging Markets Debt Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $836 | $— | $(1464) | $(628) |
| Foreign exchange contracts | (109) | 165 |  | 4941 |  | 4997 |
| Credit contracts |  |  |  |  | (1213) | (1213) |
| Equity contracts |  |  |  |  | 28 | 28 |
| Total | $(109) | $165 | $836 | $4941 | $(2649) | $3184 |
| **Limited Duration Bond Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $730 | $— | $— | $730 |
| Total | $— | $— | $730 | $— | $— | $730 |
| **Intermediate Duration Credit Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $1167 | $— | $— | $1167 |
| Total | $— | $— | $1167 | $— | $— | $1167 |
| **Dynamic Asset Allocation Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $— | $— | $(8909) | $(8909) |
| Foreign exchange contracts | (8232) | 5858 |  |  |  | (2374) |
| Equity contracts | (4629) | 3897 | 15506 |  | 969 | 15743 |
| Commodity contracts |  |  |  |  | 972 | 972 |
| Total | $(12861) | $9755 | $15506 | $— | $(6968) | $5432 |
| **Multi-Asset Real Return Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $(652) | $— | $(1225) | $(1877) |
| Foreign exchange contracts |  |  |  | (9) |  | (9) |
| Credit contracts |  |  |  |  | (4) | (4) |
| Equity contracts | (148) | 71 | 8769 |  |  | 8692 |
| Commodity contracts |  |  | 375 |  |  | 375 |
| Total | $(148) | $71 | $8492 | $(9) | $(1229) | $7177 |

---

Change in unrealized appreciation or (depreciation) on derivatives recognized in income ($ Thousands):

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Derivatives Not Accounted for as Hedging Instruments | Purchased Options and Swaptions | Written Options and Swaptions | Futures | Forward<br> Currency<br> Contracts | Swaps | Total |
| **Large Cap Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $848 | $— | $— | $848 |
| Total | $— | $— | $848 | $— | $– | $848 |
| **Large Cap Disciplined Equity Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $1998 | $— | $(2577) | $(579) |
| Total | $— | $— | $1998 | $— | $(2577) | $(579) |
| **Large Cap Index Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $1094 | $— | $— | $1094 |
| Total | $— | $— | $1094 | $— | $– | $1094 |
| **S&P 500 Index Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $2656 | $— | $— | $2656 |
| Total | $— | $— | $2656 | $— | $– | $2656 |
| **Extended Market Index Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $397 | $— | $— | $397 |
| Total | $— | $— | $397 | $— | $– | $397 |
| **Small Cap Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $(30) | $— | $— | $(30) |
| Total | $— | $— | $(30) | $— | $– | $(30) |
| **Small Cap II Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $292 | $— | $— | $292 |
| Total | $— | $— | $292 | $— | $– | $292 |

---

------

SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Derivatives Not Accounted for as Hedging Instruments | Purchased Options and Swaptions | Written Options and Swaptions | Futures | Forward<br> Currency<br> Contracts | Swaps | Total |
| **Small/Mid Cap Equity Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $904 | $— | $— | $904 |
| Total | $— | $— | $904 | $— | $– | $904 |
| **U.S. Equity Factor Allocation Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $1185 | $— | $— | $1185 |
| Total | $— | $— | $1185 | $— | $– | $1185 |
| **U.S. Managed Volatility Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $(30) | $— | $— | $(30) |
| Total | $— | $— | $(30) | $— | $– | $(30) |
| **Global Managed Volatility Fund** |  |  |  |  |  |  |
| Foreign exchange contracts | $— | $— | $— | $(179) | $— | $(179) |
| Equity contracts |  |  | 7 |  |  | 7 |
| Total | $— | $— | $7 | $(179) | $– | $(172) |
| **World Equity Ex-US Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $650 | $— | $10969 | $11619 |
| Total | $— | $— | $650 | $— | $10969 | $11619 |
| **Screened World Equity Ex-US Fund** |  |  |  |  |  |  |
| Foreign exchange contracts | $— | $— | $— | $(7) | $— | $(7) |
| Equity contracts |  |  | 48 |  | 365 | 413 |
| Total | $— | $— | $48 | $(7) | $365 | $406 |
| **Emerging Markets Equity Fund** |  |  |  |  |  |  |
| Equity contracts | $— | $— | $(54) | $— | $— | $(54) |
| Total | $— | $— | $(54) | $— | $– | $(54) |
| **Opportunistic Income Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $(22) | $— | $— | $(22) |
| Total | $— | $— | $(22) | $— | $– | $(22) |
| **Core Fixed Income Fund** |  |  |  |  |  |  |
| Interest rate contracts | $1352 | $(265) | $2807 | $— | $(5786) | $(1892) |
| Foreign exchange contracts |  |  |  | (162) |  | (162) |
| Credit contracts |  |  |  |  | (151) | (151) |
| Total | $1352 | $(265) | $2807 | $(162) | $(5937) | $(2205) |
| **High Yield Bond Fund** |  |  |  |  |  |  |
| Foreign exchange contracts | $— | $— | $— | $(37) | $— | $(37) |
| Total | $— | $— | $— | $(37) | $– | $(37) |
| **Long Duration Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $379 | $— | $(121) | $258 |
| Total | $— | $— | $379 | $— | $(121) | $258 |
| **Long Duration Credit Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $2242 | $— | $(190) | $2052 |
| Total | $— | $— | $2242 | $— | $(190) | $2052 |
| **Ultra Short Duration Bond Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $(14) | $— | $— | $(14) |
| Total | $— | $— | $(14) | $— | $— | $(14) |
| **Emerging Markets Debt Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $(159) | $(517) | $— | $7186 | $6510 |
| Foreign exchange contracts | 53 | 253 |  | (90) |  | 216 |
| Credit contracts |  |  |  |  | 176 | 176 |
| Equity contracts |  |  |  |  | (1) | (1) |
| Total | $53 | $94 | $(517) | $(90) | $7361 | $6901 |

---

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Derivatives Not Accounted for as Hedging Instruments | Purchased Options and Swaptions | Written Options and Swaptions | Futures | Forward<br> Currency<br> Contracts | Swaps | Total |
| **Limited Duration Bond Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $(607) | $— | $— | $(607) |
| Equity contracts | (50) |  |  |  |  | (50) |
| Total | $(50) | $— | $(607) | $— | $– | $(657) |
| **Intermediate Duration Credit Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $(504) | $— | $— | $(504) |
| Total | $— | $— | $(504) | $— | $– | $(504) |
| **Dynamic Asset Allocation Fund** |  |  |  |  |  |  |
| Interest rate contracts | $(12910) | $14123 | $— | $— | $56190 | $57403 |
| Foreign exchange contracts | (4495) | 973 |  |  | (116) | (3638) |
| Equity contracts | 3020 | (1179) | 5812 |  |  | 7653 |
| Commodity contracts |  |  |  |  | (3302) | (3302) |
| Total | $(14385) | $13917 | $5812 | $— | $52772 | $58116 |
| **Multi-Asset Real Return Fund** |  |  |  |  |  |  |
| Interest rate contracts | $— | $— | $436 | $— | $1243 | $1679 |
| Foreign exchange contracts |  |  |  | (10) |  | (10) |
| Credit contracts |  |  |  |  | 145 | 145 |
| Equity contracts |  |  | (5646) |  |  | (5646) |
| Commodity contracts |  |  | (10883) |  |  | (10883) |
| Total | $— | $— | $(16093) | $(10) | $1388 | $(14715) |

---

The following table discloses the average quarterly balances of the Funds' derivative activity during the year ended May 31, 2025 ($ Thousands):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Large Cap Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Index Fund** | **S&P 500 Index Fund** | **Extended Market Index Fund** |
| **Futures Contracts:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long | $11481 | $31402 | $33040 | $73672 | $19798 |
| **Total Return Swaps** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long |  | 38183 |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short |  |  |  |  |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Small Cap Fund** | **Small Cap II Fund** | **Small/Mid Cap Equity Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Managed Volatility Fund** |
| **Futures Contracts:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long | $2436 | $3671 | $10000 | $22973 | $4902 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **Global Managed Volatility Fund** | **World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** |
| **Futures Contracts:** |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long | $13626 | $99573 | $3682 |
| **Forward Foreign Currency Contracts:** |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long | 473671 |  | 266 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short | 474581 |  | 267 |
| **Total Return Swaps** |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long |  | 6829 | 2366 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short |  | 1092 | 46 |

---

------

SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Emerging Markets Equity Fund** | **Opportunistic Income Fund** | **Core Fixed Income Fund** | **High Yield Bond Fund** |
| **Futures Contracts:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long | $11335 | $– | $1566674 | $– |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short |  | 7696 | 265466 |  |
| **Forward Foreign Currency Contracts:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long |  |  | 3833 | 1078 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short |  |  | 3898 | 1080 |
| **Interest Rate Swaps** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance |  |  | 67375 |  |
| **Options/Swaptions:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long<sup>†</sup> |  |  | 642 |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short<sup>†</sup> |  |  | 162 |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Long Duration Fund** | **Long Duration Credit Fund** | **Ultra Short Duration Bond Fund** | **Emerging Markets Debt Fund** |
| **Futures Contracts:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long | $50492 | $304586 | $– | $28758 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short | 15850 | 78602 | 1868 | 20669 |
| **Forward Foreign Currency Contracts:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long |  |  |  | 1508527 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short |  |  |  | 1509279 |
| **Credit Default Swaps:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Buy Protection |  |  |  | 49354 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Sell Protection |  |  |  | 525 |
| **Total Return Swaps** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short |  |  |  | 492 |
| **Interest Rate Swaps** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance | 459 | 1441 |  | 383707 |
| **Options/Swaptions:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long<sup>†</sup> |  |  |  | 489 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short<sup>†</sup> |  |  |  | 198 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Limited Duration Bond Fund** | **Intermediate Duration Credit Fund** | **Dynamic Asset Allocation Fund** | **Multi-Asset Real Return Fund** |
| **Futures Contracts:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long | $89563 | $110453 | $436531 | $208593 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short | 50524 | 75965 |  | 93459 |
| **Forward Foreign Currency Contracts:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long |  |  |  | 1833 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short |  |  |  | 1826 |
| **Credit Default Swaps:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Buy Protection |  |  |  | 15460 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Sell Protection |  |  |  | 15460 |
| **Total Return Swaps** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long |  |  | 55948 |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short |  |  | 29285 |  |
| **Interest Rate Swaps** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance |  |  | 8477295 | 131609 |
| **Options/Swaptions:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Long<sup>†</sup> | 27 |  | 17438 | 31 |
| &nbsp;&nbsp;&nbsp; Average Notional Balance Short<sup>†</sup> |  |  | 9433 | 16 |
| **Cross Currency Swaps** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Average Notional Balance |  |  | 939214 |  |

---

<sup>†</sup> Represents cost.

------

SEI Institutional Investments Trust

A Fund is subject to various netting arrangements with select counterparties ("Master Agreements"). Master Agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying credit protection mechanisms and providing standardization that improves legal certainty. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different Master Agreement, resulting in the need for multiple agreements with a single counterparty. As the Master Agreements are specific to unique operations of different asset types, they allow a Fund to close out and net its total exposure to a specific counterparty entity in the event of a default with respect to all the transactions governed under a single agreement with a specific counterparty entity.

Master Agreements can also help limit counterparty risk by specifying collateral posting arrangements at pre-arranged exposure levels. Under the Master Agreements, collateral is routinely transferred if the total net exposure to certain transactions (net of existing collateral already in place) governed under the relevant Master Agreement with a counterparty in a given account exceeds a specified threshold, which typically ranges from zero to $250,000 depending on the counterparty and the type of Master Agreement. United States Treasury Securities and U.S. dollar cash are generally the preferred forms of collateral. Securities and cash pledged as collateral are reflected as assets on the Statements of Assets and Liabilities/Consolidated Statements of Assets and Liabilities as either a component of investments at value (securities) or deposits due from counterparties (cash). Cash collateral received is not typically held in a segregated account and as such is reflected as a liability on the Statements of Assets and Liabilities/Consolidated Statements of Assets and Liabilities as deposits due to counterparties. The market value of any securities received as collateral is not reflected as a component of net asset value. A Fund's overall exposure to

counterparty risk can change substantially within a short period, as it is affected by each transaction subject to the relevant Master Agreement.

Customer Account Agreements and related addendums govern exchange traded derivatives transactions such as futures, options on futures, and centrally cleared swaps. Exchange traded derivative transactions require posting of initial margin as determined by each relevant clearing agency which is segregated at a broker account registered with the Commodities Futures Trading Commission ("CFTC"), or the applicable regulator. In the US, counterparty risk is significantly reduced as creditors of the futures broker do not have claim to Fund assets in the segregated account. Additionally, portability of exposure in the event of default further reduces risk to the Funds. Variation margin, or changes in market value, are exchanged daily, but may not be netted between futures and cleared OTC derivatives. Refer to each Fund's Statement of Assets and Liabilities or Consolidated Statement of Assets and Liabilities for market value, variation margin, and collateral of exchange-traded or centrally cleared financial derivative instruments.

International Swaps and Derivatives Association, Inc. Master Agreements and Credit Support Annexes ("ISDA Master Agreements") govern OTC financial derivative transactions entered into by a Fund and select counterparties. ISDA Master Agreements maintain provisions for general obligations, representations, agreements, collateral and events of default or termination. Events of termination include conditions that may entitle counterparties to elect to terminate early and cause settlement of all outstanding transactions under the applicable ISDA Master Agreement.

Any election to terminate early could be material to the financial statements. In limited circumstances, the ISDA Master Agreement may contain additional provisions that add additional counterparty protection beyond coverage of existing daily exposure if the counterparty has a decline in credit quality below a predefined level. These amounts, if any, may be segregated with a third party custodian.

The following is a summary by derivative type of the market value of OTC financial derivative instruments and collateral (received) pledged as of May 31, 2025 ($ Thousands):

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| Large Cap Disciplined Equity Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  Bank of America Merrill Lynch | $— | $— | $— | $— | $— | $— | $1186 | $— | $1186 | $(1186) | $— | $(1186) |
|  Total Over the Counter | $— | $— | $— | $— | $— | $— | $1186 | $— | $1186 |  |  |  |

---

------

SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| Global Managed Volatility Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  Barclays PLC | $— | $— | $— | $— | $320 | $— | $— | $— | $320 | $(320) | $— | $(320) |
|  BNP Paribas | 202 |  |  | 202 | 56 |  |  |  | 56 | 146 |  | 146 |
|  Brown Brothers Harriman | 657 |  |  | 657 | 738 |  |  |  | 738 | (81) |  | (81) |
|  Standard Chartered | 3 |  |  | 3 | 601 |  |  |  | 601 | (598) |  | (598) |
|  Westpac Banking | 178 |  |  | 178 | 177 |  |  |  | 177 | 1 |  | 1 |
|  Total Over the Counter | $1040 | $— | $— | $1040 | $1892 | $— | $— | $— | $1892 |  |  |  |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| World Equity Ex-US Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  Morgan Stanley | $— | $— | $18102 | $18102 | $— | $— | $— | $— | $— | $18102 | $— | $18102 |
|  Total Over the Counter | $— | $— | $18102 | $18102 | $— | $— | $— | $— | $— |  |  |  |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| Screened World Equity Ex-US Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  Morgan Stanley | $— | $— | $— | $— | $— | $— | $547 | $— | $547 | $(547) | $410 | $(137) |
|  Northern Trust | 1 |  |  | 1 | 8 |  |  |  | 8 | (7) |  | (7) |
|  Total Over the Counter | $1 | $— | $— | $1 | $8 | $— | $547 | $— | $555 |  |  |  |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| Core Fixed Income Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  Bank of America Merrill Lynch | $— | $2083 | $— | $2083 | $— | $— | $— | $— | $— | $2083 | $— | $2083 |
|  Total Over the Counter | $— | $2083 | $— | $2083 | $— | $— | $— | $— | $— |  |  |  |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| High Yield Bond Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  Barclays PLC | $— | $— | $— | $— | $40 | $— | $— | $— | $40 | $(40) | $— | $(40) |
|  Total Over the Counter | $— | $— | $— | $— | $40 | $— | $— | $— | $40 |  |  |  |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| Emerging Markets Debt Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  Bank of America | $69 | $— | $— | $69 | $500 | $291 | $6 | $— | $797 | $(728) | $310 | $(418) |
|  Barclays PLC | 81 |  |  | 81 | 135 |  |  |  | 135 | (54) | 7 | (47) |
|  Brown Brothers Harriman | 18 |  |  | 18 | 584 |  |  |  | 584 | (566) |  | (566) |
|  Citigroup |  |  |  |  | 370 |  |  |  | 370 | (370) |  | (370) |
|  Dashin Securities Ltd. | 252 |  |  | 252 | 238 |  |  |  | 238 | 14 |  | 14 |
|  Deutsche Bank | 1666 |  |  | 1666 | 2176 |  |  |  | 2176 | (510) |  | (510) |
|  Goldman Sachs |  |  |  |  | 523 |  |  |  | 523 | (523) |  | (523) |
|  HSBC | 29 |  |  | 29 | 112 |  |  |  | 112 | (83) |  | (83) |
|  ICBC Financial Services | 284 |  |  | 284 |  |  |  |  |  | 284 |  | 284 |
|  JPMorgan Chase Bank | 2698 |  |  | 2698 | 3008 |  | 20 |  | 3028 | (330) | 330 |  |
|  Montgomery/Bank of America | 2 |  |  | 2 | 73 |  |  |  | 73 | (71) |  | (71) |
|  Morgan Stanley | 858 |  | 489 | 1347 | 1635 |  | 64 |  | 1699 | (352) | 352 |  |

---

------

SEI Institutional Investments Trust

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| Emerging Markets Debt Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  RBC | $4 | $— | $— | $4 | $— | $— | $— | $— | $— | 4 |  | 4 |
|  SCB Securities | 746 |  |  | 746 | 746 |  |  |  | 746 |  |  |  |
|  Societe Generale | 202 |  |  | 202 | 31 |  |  |  | 31 | 171 |  | 171 |
|  Standard Bank | 944 |  |  | 944 | 932 |  |  |  | 932 | 12 |  | 12 |
|  UBS | 23 |  |  | 23 | 1 |  |  |  | 1 | 22 |  | 22 |
|  Total Over the Counter | $7876 | $— | $489 | $8365 | $11064 | $291 | $90 | $— | $11445 |  |  |  |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| Limited Duration Bond Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  Goldman Sachs | $— | $60 | $— | $60 | $— | $— | $— | $— | $— | $60 | $— | $60 |
|  Total Over the Counter | $— | $60 | $— | $60 | $— | $— | $— | $— | $— |  |  |  |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| Dynamic Asset <br> Allocation Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  Bank of America Merrill Lynch | $— | $7284 | $— | 7284 | $— | $1242 | $— | $— | $1242 | $6042 | $— | $6042 |
|  JPMorgan Chase |  |  |  |  |  |  | 116 |  | 116 | (116) |  | (116) |
|  Total Over the Counter | $— | $7284 | $— | $7284 | $— | $1242 | $116 | $— | $1358 |  |  |  |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Assets | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | Financial Derivative Liabilities | | | | |
| Multi-Asset Real Return Fund | Forward<br> Foreign<br> Currency<br> Contracts | Purchased Options<br> and<br> Swaptions | Swap Agreements | Total Over the<br> Counter | Forward<br> Foreign<br> Currency<br> Contracts | Written<br> Options<br> and<br> Swaptions | Swap<br> Agreements | Reverse Repurchase Agreements | Total<br> Over the<br> Counter | Net Market Value of OTC<br> Derivatives | Collateral<br> (Received)<br> Pledged<sup>(1)</sup> | Net<br> Exposures<sup>(2)</sup> |
|  Brown Brothers Harriman | $1 | $— | $— | $1 | $— | $— | $— | $— | $— | $1 | $— | $1 |
|  Morgan Stanley | 3 |  |  | 3 |  |  |  |  |  | 3 |  | 3 |
|  Total Over the Counter | $4 | $— | $— | $4 | $— | $— | $— | $— |  |  |  |  |

---

(1) Excess collateral pledged is not shown for financial reporting purposes.

(2) Net Exposures represents the net receivable/(payable) that would be due from/to the counterparty in the event of default. Exposure from OTC financial derivative instruments can only be netted across transactions governed under the same master agreement with the same legal entity.

5. BASIS FOR CONSOLIDATION FOR THE DYNAMIC ASSET ALLOCATION AND MULTI-ASSET REAL RETURN FUNDS

The Consolidated Schedules of Investments, Consolidated Statements of Assets and Liabilities, Consolidated Statements of Operations, Consolidated Statements of Changes in Net Assets and the Consolidated Financial Highlights of the Dynamic Asset Allocation and Multi-Asset Real Return Funds include the accounts of their respective Subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation for the Funds. The Subsidiaries have a fiscal year end of May 31 for financial statement consolidation purposes and a nonconforming tax year end of April 30.

The Subsidiaries are classified as controlled foreign corporations under the Internal Revenue Code of 1986 ("IRC"). The Subsidiaries taxable income is included in the calculation of the Funds' taxable income. Net losses of the

Subsidiaries are not deductible by the Funds either in the current period or carried forward to future periods.

The Dynamic Asset Allocation and Multi-Asset Real Return Funds may invest up to 25% of their total assets in their respective Subsidiary.

A summary of the Funds' investments in the Subsidiaries are as follows:

---

| | | | |
|:---|:---|:---|:---|
| | Inception Date<br> of Subsidiary | Subsidiary<br> Net Assets at<br> May 31, 2025 <br> ($ Thousands) | % of Total<br> Net Assets at<br> May 31, 2025 |
| DAA Commodity Strategy |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subsidiary, Ltd. | January 28, 2014 | $162755 | 9.7% |
| MARR Commodity Strategy |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subsidiary, Ltd. | June 27, 2013 | $144585 | 18.5% |

---

------

SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

6. INVESTMENT ADVISORY, ADMINISTRATION AND DISTRIBUTION AGREEMENTS, INVESTMENT SUBADVISORY AGREEMENTS AND OTHER TRANSACTIONS WITH AFFILIATES

**Investment Advisory, Administration and Distribution Agreements** — SIMC serves as investment adviser (the "Adviser") to each Fund. In connection with serving as Adviser, SIMC is entitled to a fee that is calculated daily and paid monthly, based on the average daily net assets of each Fund. SIMC has voluntarily waived a portion of its fees in order to keep investment advisory fees at a specified level. The Funds' Adviser may discontinue all or part of these voluntary waivers at any time. Accordingly, the advisory fee and voluntary expense limitations for each Fund are as follows:

---

| | | |
|:---|:---|:---|
| | Advisory Fees | Investment Advisory Fees After Fee Waivers |
| Large Cap Fund | 0.40% | 0.16% |
| Large Cap Disciplined Equity Fund | 0.40 | 0.16 |
| Large Cap Index Fund | 0.05 | 0.01 |
| S&P 500 Index Fund | 0.03 | 0.01 |
| Extended Market Index Fund | 0.12 | 0.03 |
| Small Cap Fund | 0.65 | 0.40 |
| Small Cap II Fund | 0.65 | 0.37 |
| Small/Mid Cap Equity Fund | 0.65 | 0.37 |
| U.S. Equity Factor Allocation Fund | 0.25 | 0.00 |
| U.S. Managed Volatility Fund<sup>(1)</sup> | 0.55 | 0.18 |
| Global Managed Volatility Fund | 0.65 | 0.22 |
| World Equity Ex-US Fund | 0.55 | 0.24 |
| Screened World Equity Ex-US Fund | 0.65 | 0.23 |
| Emerging Markets Equity Fund | 0.85 | 0.52 |
| Opportunistic Income Fund | 0.45 | 0.22 |
| Core Fixed Income Fund | 0.30 | 0.09 |
| High Yield Bond Fund | 0.4875 | 0.26 |
| Long Duration Fund | 0.30 | 0.12 |
| Long Duration Credit Fund | 0.30 | 0.12 |
| Ultra Short Duration Bond Fund | 0.15 | 0.09 |
| Emerging Markets Debt Fund<sup>(1)</sup> | 0.60 | 0.36 |
| Real Return Fund | 0.22 | 0.00 |
| Limited Duration Bond Fund | 0.25 | 0.08 |
| Intermediate Duration Credit Fund | 0.25 | 0.12 |
| Dynamic Asset Allocation Fund | 0.60 | 0.01 |
| Multi-Asset Real Return Fund | 0.55 | 0.18 |

---

(1) Prior to September 1, 2024, the advisory fee was 0.65%.

As of May 31, 2025, SIMC has entered into investment sub-advisory agreements with the following parties and pays the sub-advisers out of the fee that it receives from the Funds:

Investment Sub-Adviser

**Large Cap Fund** 

Acadian Asset Management LLC

Copeland Capital Management, LLC

Cullen Capital Management LLC

Fred Alger Management, LLC

LSV Asset Management\*

PineStone Asset Management, Inc.

**Large Cap Disciplined Equity Fund** 

Acadian Asset Management LLC

Brandywine Global Investment Management, LLC

Copeland Capital Management, LLC

Mackenzie Investments Corporation

PineStone Asset Management, Inc.

**Large Cap Index Fund** 

SSGA Funds Management, Inc.

**S&P 500 Index Fund** 

SSGA Funds Management, Inc.

**Extended Market Index Fund** 

SSGA Funds Management, Inc.

**Small Cap Fund** 

Axiom Investors LLC

Los Angeles Capital Management LLC

LSV Asset Management\*

Martingale Asset Management, L.P.

The Informed Momentum Company LLC (fka EAM Investors, LLC)

**Small Cap II Fund** 

Copeland Capital Management, LLC

Easterly Investment Partners LLC

Leeward Investments, LLC

Los Angeles Capital Management LLC

The Informed Momentum Company LLC (fka EAM Investors, LLC)

**Small/Mid Cap Equity Fund** 

Axiom Investors LLC

Copeland Capital Management, LLC

Geneva Capital Management LLC

Jackson Creek Investment Advisors LLC

LSV Asset Management\*

**U.S. Managed Volatility Fund** 

Acadian Asset Management LLC

LSV Asset Management\*

**Global Managed Volatility Fund** 

Acadian Asset Management LLC

LSV Asset Management\*

**World Equity Ex-US Fund** 

Acadian Asset Management LLC

Brickwood Asset Management LLP

Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust

Lazard Asset Management LLC

Pzena Investment Management, LLC

**Screened World Equity Ex-US Fund** 

Acadian Asset Management LLC

Brickwood Asset Management LLP

Lazard Asset Management LLC

**Emerging Markets Equity Fund** 

Causeway Capital Management LLC

JOHCM (USA) Inc.

------

SEI Institutional Investments Trust

Robeco Institutional Asset Management US Inc.

RWC Asset Advisers (US) LLC

WCM Investment Management, LLC

**Opportunistic Income Fund** 

Ares Capital Management II, LLC

Manulife Investment Management (US) LLC

Wellington Management Company, LLP

**Core Fixed Income Fund** 

Allspring Global Investments, LLC

Jennison Associates LLC

MetLife Investment Management, LLC

Metropolitan West Asset Management, LLC

**High Yield Bond Fund** 

Ares Capital Management II, LLC

Benefit Street Partners, LLC

Brigade Capital Management, LP

J.P. Morgan Investment Management, Inc.

T. Rowe Price Associates, Inc.

**Long Duration Fund** 

Income Research + Management

Jennison Associates LLC

Legal & General Investment Management America, Inc.

Metropolitan West Asset Management, LLC

**Long Duration Credit Fund** 

Income Research + Management

Jennison Associates LLC

Legal & General Investment Management America, Inc.

MetLife Investment Management, LLC

Metropolitan West Asset Management, LLC

**Ultra Short Duration Bond Fund** 

MetLife Investment Management, LLC

Wellington Management Company, LLP

**Emerging Markets Debt Fund** 

Artisan Partners Limited Partnership

Colchester Global Investors Limited

Grantham, Mayo, van Otterloo & Co. LLC

Invesco Advisers

Marathon Asset Management, L.P.

**Limited Duration Bond Fund** 

MetLife Investment Management, LLC

Metropolitan West Asset Management, LLC

**Intermediate Duration Credit Fund** 

Income Research + Management

Legal & General Investment Management America, Inc.

MetLife Investment Management, LLC

**Dynamic Asset Allocation Fund** 

SSGA Funds Management, Inc.

**Multi-Asset Real Return Fund** 

AllianceBernstein L.P.

Columbia Management Investment Advisers, LLC

Franklin Advisers, Inc.

UBS Asset Management (Americas) LLC

\* Affiliated

SEI Investments Global Funds Services (the "Administrator") serves as administrator to the Funds. The Administrator provides certain administrative and shareholder servicing for an annual fee of 0.05% of the average daily net assets of each Fund. For the year ended May 31, 2025, the Administrator has voluntarily agreed to waive all of its fees. The Funds' Administrator may discontinue all or part of these voluntary waivers at any time.

SEI Investments Distribution Co. (the "Distributor"), a wholly owned subsidiary of SEI Investments Company ("SEI"), serves as each Fund's Distributor pursuant to a Distribution Agreement with the Trust.

**Other** — The Distribution Agreement between the Distributor and the Trust provides that the Distributor may receive compensation on fund transactions effected for the Trust in accordance with Securities and Exchange Commission ("SEC") rules. Accordingly, it is expected that fund transactions may result in brokerage commissions being paid to the Distributor. The SEC rules require that such commissions not exceed usual and customary commissions.

**Payments to Affiliates** — Certain officers and/or trustees of the Trust are also officers and/or Directors of the Distributor, the Adviser and/or the Administrator. The Trust pays each unaffiliated Trustee an annual fee for attendance at quarterly and interim meetings. Compensation of officers and affiliated Trustees of the Trust is paid by the Distributor or Administrator.

A portion of the services provided by the Chief Compliance Officer ("CCO") and his staff, whom are employees of the Administrator, are paid for by the Trust as incurred. The services include regulatory oversight of the Trust's Adviser, sub-advisers and service providers as required by SEC regulations.

LSV Asset Management (partially-owned subsidiary of SIMC) serves as a sub-adviser to the Large Cap, Small Cap, Small/Mid Cap Equity, U.S. Managed Volatility and Global Managed Volatility Funds. For this service, LSV Asset Management is entitled to receive a fee from SIMC. Such fees for the year ended May 31, 2025, were as follows ($ Thousands):

---

| | |
|:---|:---|
| Large Cap Fund | $220 |
| Small Cap Fund | 389 |
| Small/Mid Cap Equity Fund | 1055 |
| U.S. Managed Volatility Fund | 876 |
| Global Managed Volatility Fund | 2069 |

---

**Fees Paid Indirectly** — The Funds may direct certain fund trades to the Distributor who pays a portion of each Fund's expenses. Accordingly, the expenses reduced, which were used to pay third party expenses, can be found on the Statements of Operations or Consolidated Statement of Operations and the effect on each Fund's expense ratio, as

------

SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

a percentage of each Fund's average daily net assets for the year ended May 31, 2025, can be found on the Financial Highlights or Consolidated Financial Highlights.

**Investment in Affiliated Security** — The Funds may invest in the SEI Daily Income Trust ("SDIT") Government Fund, an affiliated money market fund to manage excess cash or to serve as margin or collateral for derivative positions.

A Fund may purchase companies with which it is affiliated to the extent these companies are represented in its benchmark index.

**Interfund Lending** — The SEC has granted an exemption that permits the Trust to participate in an interfund lending program ("The Program") with existing or future investment companies registered under the 1940 Act that are advised by SIMC (the "SEI Funds"). The Program allows the SEI Funds to lend money to and borrow money from each other for

temporary or emergency purposes. Participation in The Program is voluntary for both borrowing and lending funds.

Interfund loans may be made only when the rate of interest to be charged is more favorable to the lending fund than an investment in overnight repurchase agreements ("Repo Rate"), and more favorable to the borrowing fund than the rate of interest that would be charged by a bank for short-term borrowings ("Bank Loan Rate"). The Bank Loan Rate will be determined using a formula annually reviewed by the SEI Funds' Board of Trustees. The interest rate imposed on inter-fund loans is the average of the Repo Rate and the Bank Loan Rate.

As of and during the year ended May 31, 2025, the Trust did not participate in the program.

7. CAPITAL SHARE TRANSACTIONS

Capital share transactions for the Funds were as follows (Thousands):

For the year ended May 31, 2025 and the year ended May 31, 2024.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** |
| | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 |
| **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** |
| &nbsp;&nbsp; Shares Issued | 3196 | 1834 | 26704 | 8468 | 1917 | 1145 | 26789 | 25459 |
| &nbsp;&nbsp; Shares Issued in Lieu of Dividends and Distributions | 5802 | 3771 | 19520 | 5199 | 1155 | 1081 | 43059 | 20752 |
| &nbsp;&nbsp; Shares Redeemed | (8903) | (7077) | (26613) | (48178) | (2403) | (2386) | (55128) | (82203) |
| &nbsp;&nbsp; Total Increase (Decrease) in Shares Derived from Class A Transactions | 95 | (1472) | 19611 | (34511) | 669 | (160) | 14720 | (35992) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Extended Market Index Fund** | **Extended Market Index Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** |
| | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 |
| **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** |
| &nbsp;&nbsp; Shares Issued | 10379 | 7915 | 2490 | 1512 | 5985 | 1031 | 16790 | 5455 |
| &nbsp;&nbsp; Shares Issued in Lieu of Dividends and Distributions | 6914 | 1629 | 662 | 212 | 2181 | 1173 | 5589 | 1064 |
| &nbsp;&nbsp; Shares Redeemed | (17740) | (26718) | (2846) | (2583) | (5698) | (6136) | (13621) | (18376) |
| &nbsp;&nbsp; Total Increase (Decrease) in Shares Derived from Class A Transactions | (447) | (17174) | 306 | (859) | 2468 | (3932) | 8758 | (11857) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** |
| | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 |
| **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** |
| &nbsp;&nbsp; Shares Issued | 76399 | 32666 | 6220 | 13281 | 53428 | 43659 | 82619 | 57956 |
| &nbsp;&nbsp; Shares Issued in Lieu of Dividends and Distributions | 10940 | 1504 | 6949 | 8309 | 18410 | 11866 | 23564 | 18607 |
| &nbsp;&nbsp; Shares Redeemed | (22397) | (20703) | (16602) | (27807) | (74004) | (79734) | (113803) | (149339) |
| &nbsp;&nbsp; Total Increase (Decrease) in Shares Derived from Class A Transactions | 64942 | 13467 | (3433) | (6217) | (2166) | (24209) | (7620) | (72776) |

---

------

SEI Institutional Investments Trust

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** |
| | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 |
| **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** |
| &nbsp;&nbsp; Shares Issued | 1652 | 1386 | 10129 | 7780 | 13186 | 5862 |
| &nbsp;&nbsp; Shares Issued in Lieu of Dividends and Distributions | 406 | 244 | 4771 | 3105 | 2864 | 3930 |
| &nbsp;&nbsp; Shares Redeemed | (1753) | (2056) | (33464) | (30738) | (14974) | (28228) |
| &nbsp;&nbsp; Total Increase (Decrease) in Shares Derived from Class A Transactions | 305 | (426) | (18564) | (19853) | 1076 | (18436) |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** |
| | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 |
| **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** |
| &nbsp;&nbsp; Shares Issued | 227614 | 153864 | 48222 | 28416 | 169742 | 16683 | 72075 | 135746 |
| &nbsp;&nbsp; Shares Issued in Lieu of Dividends and Distributions | 36854 | 32652 | 22791 | 32629 | 3329 | 4717 | 19671 | 18759 |
| &nbsp;&nbsp; Shares Redeemed | (93367) | (176305) | (46891) | (67137) | (151877) | (51800) | (101924) | (129513) |
| &nbsp;&nbsp; Total Increase (Decrease) in Shares Derived from Class A Transactions | 171101 | 10211 | 24122 | (6092) | 21194 | (30400) | (10178) | 24992 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Real Return Fund** | **Real Return Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** |
| | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 |
| **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** |
| &nbsp;&nbsp; Shares Issued | 14480 | 26722 | 20482 | 17001 | 2952 | 6523 | 47757 | 62669 |
| &nbsp;&nbsp; Shares Issued in Lieu of Dividends and Distributions | 2195 | 2339 | 10570 | 15119 | 1107 | 1079 | 9745 | 10110 |
| &nbsp;&nbsp; Shares Redeemed | (21688) | (12416) | (33236) | (56062) | (6683) | (12460) | (87932) | (51530) |
| &nbsp;&nbsp; Total Increase (Decrease) in Shares Derived from Class A Transactions | (5013) | 16645 | (2184) | (23942) | (2624) | (4858) | (30430) | 21249 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** |
| | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 | 6/1/2024 to <br> 5/31/2025 | 6/1/2023 to <br> 5/31/2024 |
| **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** | **Class A:** |
| &nbsp;&nbsp; Shares Issued | 93793 | 107455 | 9898 | 5293 | 17095 | 25990 |
| &nbsp;&nbsp; Shares Issued in Lieu of Dividends and Distributions | 21087 | 20344 | 21185 | 9718 | 4668 | 4400 |
| &nbsp;&nbsp; Shares Redeemed | (101481) | (144871) | (20067) | (27738) | (23965) | (33609) |
| &nbsp;&nbsp; Total Increase (Decrease) in Shares Derived from Class A Transactions | 13399 | (17072) | 11016 | (12727) | (2202) | (3219) |

---

8. INVESTMENT TRANSACTIONS

The cost of security purchases and proceeds from the sale and maturities of securities other than temporary cash investments, during the year ended May 31, 2025, were as follows:

---

| | | | |
|:---|:---|:---|:---|
| | U.S. Gov't<br> ($ Thousands) | Other<br> ($ Thousands) | Total<br> ($ Thousands) |
| **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** | **Large Cap Fund** |
| Purchases | $— | $687937 | $687937 |
| Sales |  | 768475 | 768475 |
| **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** | **Large Cap Disciplined Equity Fund** |
| Purchases |  | 1356541 | 1356541 |
| Sales |  | 1391565 | 1391565 |
| **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** | **Large Cap Index Fund** |
| Purchases |  | 277831 | 277831 |
| Sales |  | 378901 | 378901 |
| **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** | **S&P 500 Index Fund** |
| Purchases |  | 197018 | 197018 |
| Sales |  | 792296 | 792296 |

---

---

| | | | |
|:---|:---|:---|:---|
| | U.S. Gov't<br> ($ Thousands) | Other<br> ($ Thousands) | Total<br> ($ Thousands) |
| **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** | **Extended Market Index Fund** |
| Purchases | $— | $232453 | $232453 |
| Sales |  | 363281 | 363281 |
| **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** | **Small Cap Fund** |
| Purchases |  | 229645 | 229645 |
| Sales |  | 233990 | 233990 |
| **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** | **Small Cap II Fund** |
| Purchases |  | 247432 | 247432 |
| Sales |  | 245173 | 245173 |
| **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** | **Small/Mid Cap Equity Fund** |
| Purchases |  | 549622 | 549622 |
| Sales |  | 534080 | 534080 |
| **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** | **U.S. Equity Factor Allocation Fund** |
| Purchases |  | 1737301 | 1737301 |
| Sales |  | 960829 | 960829 |
| **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** | **U.S. Managed Volatility Fund** |
| Purchases |  | 828750 | 828750 |
| Sales |  | 936094 | 936094 |

---

------

SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

---

| | | | |
|:---|:---|:---|:---|
| | U.S. Gov't<br> ($ Thousands) | Other<br> ($ Thousands) | Total<br> ($ Thousands) |
| **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** | **Global Managed Volatility Fund** |
| Purchases | $— | $1976941 | $1976941 |
| Sales |  | 2197703 | 2197703 |
| **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** | **World Equity Ex-US Fund** |
| Purchases |  | 4131253 | 4131253 |
| Sales |  | 4386983 | 4386983 |
| **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** | **Screened World Equity Ex-US Fund** |
| Purchases |  | 106271 | 106271 |
| Sales |  | 109140 | 109140 |
| **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** | **Emerging Markets Equity Fund** |
| Purchases |  | 435799 | 435799 |
| Sales |  | 637518 | 637518 |
| **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** | **Opportunistic Income Fund** |
| Purchases | 11738 | 94267 | 106005 |
| Sales | 12274 | 122578 | 134852 |
| **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** | **Core Fixed Income Fund** |
| Purchases | 28137343 | 4300555 | 32437898 |
| Sales | 26814060 | 4228253 | 31042313 |
| **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** | **High Yield Bond Fund** |
| Purchases | 9802 | 898087 | 907889 |
| Sales | 4740 | 750846 | 755586 |
| **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** | **Long Duration Fund** |
| Purchases |  | 806588 | 806588 |
| Sales |  | 704058 | 704058 |
| **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** | **Long Duration Credit Fund** |
| Purchases | 1624328 | 824349 | 2448677 |
| Sales | 1623460 | 913305 | 2536765 |
| **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** | **Ultra Short Duration Bond Fund** |
| Purchases | 66004 | 209565 | 275569 |
| Sales | 67375 | 268413 | 335788 |
| **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** | **Emerging Markets Debt Fund** |
| Purchases | 1947 | 2156810 | 2158757 |
| Sales | 12475 | 2223234 | 2235709 |
| **Real Return Fund** | **Real Return Fund** | **Real Return Fund** | **Real Return Fund** |
| Purchases | 88129 |  | 88129 |
| Sales | 112853 |  | 112853 |
| **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** | **Limited Duration Bond Fund** |
| Purchases | 5232849 | 897418 | 6130267 |
| Sales | 5424688 | 1037894 | 6462582 |
| **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** | **Intermediate Duration Credit Fund** |
| Purchases | 3412114 | 1882639 | 5294753 |
| Sales | 3386394 | 1754821 | 5141215 |

---

---

| | | | |
|:---|:---|:---|:---|
| | U.S. Gov't<br> ($ Thousands) | Other<br> ($ Thousands) | Total<br> ($ Thousands) |
| **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** | **Dynamic Asset Allocation Fund** |
| Purchases | $— | $330227 | $330227 |
| Sales |  | 461069 | 461069 |
| **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** | **Multi-Asset Real Return Fund** |
| Purchases | 154496 | 111092 | 265588 |
| Sales | 248793 | 175559 | 424352 |

---

9. FEDERAL TAX INFORMATION

It is each Fund's intention to qualify for or continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code and distribute all of its taxable income (including net capital gains). Accordingly, no provision for Federal income taxes is required.

The Dynamic Asset Allocation and Multi-Asset Real Return Funds have investments in commodity linked derivatives through wholly owned Cayman Island subsidiaries (CFCs). On March 19, 2019, the Treasury published final regulation that allows regulated investment companies investing in CFCs to treat the required income inclusion as qualifying income.

Dividends from net investment income and distributions from net realized capital gains are determined in accordance with U.S. Federal income tax regulations, which may differ from those amounts determined under U.S. GAAP. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital or distributable earnings (loss), as appropriate, in the period that the differences arise.

---

| | | |
|:---|:---|:---|
| | Distributable Earnings (Accumulated Losses)<br> ($ Thousands) | Paid-in-<br> Capital <br> ($ Thousands) |
|  Large Cap Disciplined Equity Fund | $2 | $(2) |
|  Extended Market Index Fund | (4) | 4 |
|  Emerging Markets Debt Fund | 13119 | (13119) |

---

The tax character of dividends and distributions paid during the last two years ended May 31, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Ordinary<br> Income <br> ($ Thousands) | Long-term <br> Capital Gain <br> ($ Thousands) | Return of Capital<br> ($ Thousands) | Total<br> ($ Thousands) |
|  Large Cap Fund | Large Cap Fund | Large Cap Fund | Large Cap Fund | Large Cap Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | $35924 | $58658 | $— | $94582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 16817 | 41017 |  | 57834 |
|  Large Cap Disciplined Equity Fund | Large Cap Disciplined Equity Fund | Large Cap Disciplined Equity Fund | Large Cap Disciplined Equity Fund | Large Cap Disciplined Equity Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 62288 | 167864 |  | 230152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 50974 | 7904 |  | 58878 |
|  Large Cap Index Fund | Large Cap Index Fund | Large Cap Index Fund | Large Cap Index Fund | Large Cap Index Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 32312 | 205268 |  | 237580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 25250 | 182147 |  | 207397 |
|  S&P 500 Index Fund | S&P 500 Index Fund | S&P 500 Index Fund | S&P 500 Index Fund | S&P 500 Index Fund |

---

------

SEI Institutional Investments Trust

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| | | | | |
|:---|:---|:---|:---|:---|
| | Ordinary<br> Income <br> ($ Thousands) | Long-term <br> Capital Gain <br> ($ Thousands) | Return of Capital<br> ($ Thousands) | Total<br> ($ Thousands) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | $69149 | $818877 | $— | $888026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 70080 | 359965 |  | 430045 |
|  Extended Market Index Fund | Extended Market Index Fund | Extended Market Index Fund | Extended Market Index Fund | Extended Market Index Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 16021 | 110948 |  | 126969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 16212 | 11447 |  | 27659 |
|  Small Cap Fund | Small Cap Fund | Small Cap Fund | Small Cap Fund | Small Cap Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 5322 | 3983 |  | 9305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 2676 |  |  | 2676 |
|  Small Cap II Fund | Small Cap II Fund | Small Cap II Fund | Small Cap II Fund | Small Cap II Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 7911 | 17241 |  | 25152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 4729 | 8479 |  | 13208 |
|  Small/Mid Cap Equity Fund | Small/Mid Cap Equity Fund | Small/Mid Cap Equity Fund | Small/Mid Cap Equity Fund | Small/Mid Cap Equity Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 17760 | 42269 |  | 60029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 10509 |  |  | 10509 |
|  U.S. Equity Factor Allocation Fund | U.S. Equity Factor Allocation Fund | U.S. Equity Factor Allocation Fund | U.S. Equity Factor Allocation Fund | U.S. Equity Factor Allocation Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 50576 | 109965 |  | 160541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 19210 |  |  | 19210 |
|  U.S. Managed Volatility Fund | U.S. Managed Volatility Fund | U.S. Managed Volatility Fund | U.S. Managed Volatility Fund | U.S. Managed Volatility Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 32584 | 47135 |  | 79719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 20701 | 71212 |  | 91913 |
|  Global Managed Volatility Fund | Global Managed Volatility Fund | Global Managed Volatility Fund | Global Managed Volatility Fund | Global Managed Volatility Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 103581 | 105979 |  | 209560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 68009 | 62623 |  | 130632 |
|  World Equity Ex-US Fund | World Equity Ex-US Fund | World Equity Ex-US Fund | World Equity Ex-US Fund | World Equity Ex-US Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 257600 | 42752 |  | 300352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 229297 |  |  | 229297 |
|  Screened World Equity Ex-US Fund | Screened World Equity Ex-US Fund | Screened World Equity Ex-US Fund | Screened World Equity Ex-US Fund | Screened World Equity Ex-US Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 5203 | 1452 |  | 6655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 3952 |  |  | 3952 |
|  Emerging Markets Equity Fund | Emerging Markets Equity Fund | Emerging Markets Equity Fund | Emerging Markets Equity Fund | Emerging Markets Equity Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 30802 | 17871 |  | 48673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 30902 |  |  | 30902 |
|  Opportunistic Income Fund | Opportunistic Income Fund | Opportunistic Income Fund | Opportunistic Income Fund | Opportunistic Income Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 25331 |  |  | 25331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 33561 |  |  | 33561 |
|  Core Fixed Income Fund | Core Fixed Income Fund | Core Fixed Income Fund | Core Fixed Income Fund | Core Fixed Income Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 349865 |  |  | 349865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 303930 |  |  | 303930 |
|  High Yield Bond Fund | High Yield Bond Fund | High Yield Bond Fund | High Yield Bond Fund | High Yield Bond Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 171640 |  |  | 171640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 245142 |  |  | 245142 |
|  Long Duration Fund | Long Duration Fund | Long Duration Fund | Long Duration Fund | Long Duration Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 20029 |  |  | 20029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 28448 |  |  | 28448 |
|  Long Duration Credit Fund | Long Duration Credit Fund | Long Duration Credit Fund | Long Duration Credit Fund | Long Duration Credit Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 155175 |  |  | 155175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 147153 |  |  | 147153 |
|  Ultra Short Duration Bond Fund | Ultra Short Duration Bond Fund | Ultra Short Duration Bond Fund | Ultra Short Duration Bond Fund | Ultra Short Duration Bond Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 22014 |  |  | 22014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 23200 |  |  | 23200 |
|  Emerging Markets Debt Fund | Emerging Markets Debt Fund | Emerging Markets Debt Fund | Emerging Markets Debt Fund | Emerging Markets Debt Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 95637 |  |  | 95637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 134640 |  |  | 134640 |

---

------

SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

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| | | | | |
|:---|:---|:---|:---|:---|
| | Ordinary<br> Income <br> ($ Thousands) | Long-term <br> Capital Gain <br> ($ Thousands) | Return of Capital<br> ($ Thousands) | Total<br> ($ Thousands) |
|  Real Return Fund | Real Return Fund | Real Return Fund | Real Return Fund | Real Return Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | $10596 | $— | $— | $10596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 9942 |  |  | 9942 |
|  Limited Duration Bond Fund | Limited Duration Bond Fund | Limited Duration Bond Fund | Limited Duration Bond Fund | Limited Duration Bond Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 94200 |  |  | 94200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 97104 |  |  | 97104 |
|  Intermediate Duration Credit Fund | Intermediate Duration Credit Fund | Intermediate Duration Credit Fund | Intermediate Duration Credit Fund | Intermediate Duration Credit Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 187089 |  |  | 187089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 176902 |  |  | 176902 |
|  Dynamic Asset Allocation Fund | Dynamic Asset Allocation Fund | Dynamic Asset Allocation Fund | Dynamic Asset Allocation Fund | Dynamic Asset Allocation Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 45046 | 375631 |  | 420677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 22062 | 183053 |  | 205115 |
|  Multi-Asset Real Return Fund | Multi-Asset Real Return Fund | Multi-Asset Real Return Fund | Multi-Asset Real Return Fund | Multi-Asset Real Return Fund |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2025 | 35945 |  |  | 35945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2024 | 33541 |  |  | 33541 |

---

As of May 31, 2025, the components of distributable earnings (accumulated losses) were as follows:

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | Undistributed<br> Ordinary<br> Income<br> ($ Thousands) | Undistributed<br> Long-Term<br> Capital Gain<br> ($ Thousands) | Capital<br> Loss<br> Carryforwards<br> ($ Thousands) | Post-<br> October<br> Losses<br> ($ Thousands) | Late Year<br> Ordinary<br> Losses<br> ($ Thousands) | Unrealized<br> Appreciation<br> (Depreciation)<br> ($ Thousands) | Other<br> Temporary<br> Differences<br> ($ Thousands) | Total<br> Distributable<br> Earnings <br> (Accumulated <br> Losses)<br> ($ Thousands) |
|  Large Cap Fund | $9601 | $74593 | $— | $– $|  | $215088 | $(6) | $299276 |
|  Large Cap Disciplined Equity Fund |  | 59254 |  | – |  | 302404 | (26) | 361632 |
|  Large Cap Index Fund | 5960 | 85327 |  | – |  | 1403960 |  | 1495247 |
|  S&P 500 Index Fund | 10343 | 143340 |  | – |  | 2782497 | 1 | 2936181 |
|  Extended Market Index Fund | 4271 | 57740 |  | – |  | 355017 | 2 | 417030 |
|  Small Cap Fund | 1337 | 14898 |  | – |  | 24820 | 1 | 41056 |
|  Small Cap II Fund | 962 | 8896 |  | – |  | 29078 | (2) | 38934 |
|  Small/Mid Cap Equity Fund | 1459 | 34670 |  | – |  | 96877 | 3 | 133009 |
|  U.S. Equity Factor Allocation Fund | 31944 | 40451 |  | – |  | 444246 | 1 | 516642 |
|  U.S. Managed Volatility Fund | 6004 | 69301 |  | – |  | 95806 | (2) | 171109 |
|  Global Managed Volatility Fund | 32297 | 75090 |  | – |  | 240568 | (1) | 347954 |
|  World Equity Ex-US Fund | 160246 | 296954 |  | – |  | 1382673 | (1) | 1839872 |
|  Screened World Equity Ex-US Fund | 3800 | 6181 |  | – |  | 21106 | 5 | 31092 |
|  Emerging Markets Equity Fund | 16224 | 27289 |  | – |  | 100663 | (1) | 144175 |
|  Opportunistic Income Fund | 12696 |  | (47474) | – |  | (1976) | 1 | (36753) |
|  Core Fixed Income Fund | 32682 |  | (1204839) | – |  | (249669) | (41523) | (1463349) |
|  High Yield Bond Fund | 76259 |  | (509978) | – |  | (194015) | (13914) | (641648) |
|  Long Duration Fund | 438 |  | (152439) | – |  | (50778) | (2401) | (205180) |
|  Long Duration Credit Fund | 12064 |  | (407086) | – |  | (477988) | (13660) | (886670) |
|  Ultra Short Duration Bond Fund | 1812 |  | (8480) | – |  | (752) | (1807) | (9227) |
|  Emerging Markets Debt Fund | 31671 |  | (392956) | – |  | (13871) | (30630) | (405786) |
|  Real Return Fund | 2437 |  | (13003) | – |  | 198 | 3 | (10365) |
|  Limited Duration Bond Fund | 7393 |  | (57767) | – |  | 5766 | (9140) | (53748) |
|  Intermediate Duration Credit Fund | 50 |  | (347696) | – |  | (168615) | (1075) | (517336) |
|  Dynamic Asset Allocation Fund | 20514 | 146896 |  | – |  | 858540 | (2) | 1025948 |
|  Multi-Asset Real Return Fund | 7582 |  | (112753) | – |  | (71647) | 4 | (176814) |

---

Other temporary differences are primarily consist of straddle loss deferrals and dividend payable.

The Funds have capital losses carried forward as follows:

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| | | | |
|:---|:---|:---|:---|
| | Short-Term<br> Loss<br> ($ Thousands) | Long-Term<br> Loss<br> ($ Thousands) | Total \*<br> ($ Thousands) |
| Opportunistic Income Fund | $– | $47474 | $47474 |
| Core Fixed Income Fund | 367732 | 837107 | 1204839 |
| High Yield Bond Fund | 13438 | 496540 | 509978 |
| Long Duration Fund | 30479 | 121960 | 152439 |

---

------

SEI Institutional Investments Trust

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| | | | |
|:---|:---|:---|:---|
| | Short-Term<br> Loss<br> ($ Thousands) | Long-Term<br> Loss<br> ($ Thousands) | Total \*<br> ($ Thousands) |
| Long Duration Credit Fund | $64977 | $342109 | $407086 |
| Ultra Short Duration Bond Fund | 2151 | 6329 | 8480 |
| Emerging Markets Debt Fund | 190189 | 202767 | 392956 |
| Real Return Fund | 1812 | 11191 | 13003 |
| Limited Duration Bond Fund | 14749 | 43018 | 57767 |
| Intermediate Duration Credit Fund | 52599 | 295097 | 347696 |
| Multi-Asset Real Return Fund | 84810 | 27943 | 112753 |

---

\* During the year ended May 31, 2025, the funds listed below utilized capital loss carryforwards to offset capital gains ($Thousands):

---

| | |
|:---|:---|
| Small Cap Fund | $3648 |
| World Equity Ex-US Fund  | 162680 |
| Screened World Equity Ex-US Fund | 281 |
| Limited Duration Bond Fund | 10530 |
| Ultra Short Duration Bond Fund | 232 |

---

For Federal income tax purposes, the cost of investments owned at May 31, 2025, and the net realized gains or losses on investments sold for the period were not materially different from amounts reported for financial reporting purposes. These differences are primarily due to investments in partnerships, passive foreign investment companies, defaulted bond and wash sales which cannot be used for Federal income tax purposes in the current year and have been deferred for use in future years. The aggregate gross unrealized appreciation and depreciation on total investments held by the Funds at May 31, 2025, was as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Federal Tax Cost<br> ($ Thousands) | Appreciated<br> Securities<br> ($ Thousands) | Depreciated<br> Securities<br> ($ Thousands) | Net Unrealized<br> Appreciation<br> (Depreciation)<br> ($ Thousands) |
|  Large Cap Fund | $586146 | $248679 | $(33591) | $215088 |
|  Large Cap Disciplined Equity Fund | 1010760 | 343300 | (40896) | 302404 |
|  Large Cap Index Fund | 543867 | 1436715 | (32755) | 1403960 |
|  S&P 500 Index Fund | 1393353 | 2896539 | (114042) | 2782497 |
|  Extended Market Index Fund | 766242 | 524976 | (169959) | 355017 |
|  Small Cap Fund | 225755 | 46971 | (22151) | 24820 |
|  Small Cap II Fund | 222117 | 49868 | (20790) | 29078 |
|  Small/Mid Cap Equity Fund | 738448 | 164174 | (67297) | 96877 |
|  U.S. Equity Factor Allocation Fund | 2073764 | 511689 | (67443) | 444246 |
|  U.S. Managed Volatility Fund | 603128 | 116637 | (20831) | 95806 |
|  Global Managed Volatility Fund | 1833675 | 308774 | (68206) | 240568 |
|  World Equity Ex-US Fund | 6825864 | 1756663 | (373990) | 1382673 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Federal Tax Cost<br> ($ Thousands) | Appreciated<br> Securities<br> ($ Thousands) | Depreciated<br> Securities<br> ($ Thousands) | Net Unrealized<br> Appreciation<br> (Depreciation)<br> ($ Thousands) |
|  Screened World Equity Ex-US Fund | $150281 | $29641 | $(8535) | $21106 |
|  Emerging Markets Equity Fund | 649971 | 194464 | (93801) | 100663 |
|  Opportunistic Income Fund | 414809 | 3664 | (5640) | (1976) |
|  Core Fixed Income Fund | 9667269 | 43010 | (292679) | (249669) |
|  High Yield Bond Fund | 2174957 | 163608 | (357623) | (194015) |
|  Long Duration Fund | 548264 | 2098 | (52876) | (50778) |
|  Long Duration Credit Fund | 3465223 | 3760 | (481748) | (477988) |
|  Ultra Short Duration Bond Fund | 458909 | 1205 | (1957) | (752) |
|  Emerging Markets Debt Fund | 1606045 | 54838 | (68709) | (13871) |
|  Real Return Fund | 252318 | 2886 | (2688) | 198 |
|  Limited Duration Bond Fund | 2179692 | 10315 | (4549) | 5766 |
|  Intermediate Duration Credit Fund | 4298751 | 27534 | (196149) | (168615) |
|  Dynamic Asset Allocation Fund | 559237 | 877266 | (18726) | 858540 |
|  Multi-Asset Real Return Fund | 825274 | 111587 | (183234) | (71647) |

---

Management has analyzed the Funds' tax positions taken on Federal income tax returns for all open tax years and has concluded that as of May 31, 2025, no provision for income tax would be required in the Funds' financial statements. The Funds' Federal and state income and Federal excise tax returns for tax years for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.

Withholding taxes on foreign dividends have been provided for in accordance with the Funds' understanding of the applicable country's tax rules and rates. The Funds or their agent files withholding tax reclaims in certain jurisdictions to recover certain amounts previously withheld. The Funds may record a reclaim receivable based on collectability, which includes factors such as the jurisdiction's applicable laws, payment history and market convention. Professional fees paid to those that provide assistance in receiving the tax reclaims, which generally are contingent upon successful receipt of reclaimed amounts, are recorded in Professional Fees on the Statements of Operations once the amounts are due. The professional fees related to pursuing these tax reclaims are not subject to the Adviser's expense limitation agreement.

------

SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

10. CONCENTRATION/RISKS

In the normal course of business, the Trust enters into contracts that provide general indemnifications by the Trust to the counterparty to the contract. The Trust's maximum exposure under these arrangements is dependent on future claims that may be made against the Trust and, therefore, cannot be estimated; however, Management believes that, based on experience, the risk of loss from such claims is considered remote.

The market values of the Core Fixed Income, High Yield Bond, Long Duration, Long Duration Credit, Ultra Short Duration Bond, Limited Duration Bond, Intermediate Duration Credit and Multi-Asset Real Return Funds' investments will change in response to interest rate changes and other factors. During periods of falling interest rates, the values of fixed income securities generally rise. Conversely, during periods of rising interest rates, the values of such securities generally decline. Changes by recognized rating agencies in the ratings of any fixed income security and in the ability of an issuer to make payments of interest and principal may also affect the value of these investments.

The World Equity Ex-US, Screened World Equity Ex-US, Emerging Markets Equity and Emerging Markets Debt Funds concentrate their investments in securities of foreign issuers in various countries. These investments may involve certain considerations and risks not typically associated with investments in the United States, as a result of, among other factors, the possibility of future political and economic developments and the level of governmental supervision and regulation of securities markets in the respective countries.

The following descriptions provide additional information about some of the risks of investing in the Funds. A more complete description of principal risks is included in each Fund's prospectus under the heading "Principal Risks".

**American Depositary Receipts (ADRs) Risk** — ADRs are certificates evidencing ownership of shares of a foreign issuer that are issued by depositary banks and generally trade on an established market. ADRs are subject to many of the risks associated with investing directly in foreign securities, including, among other things, political, social and economic developments abroad, currency movements and different legal, regulatory and tax environments.

**Asset-Backed Securities Risk** — Payment of principal and interest on asset-backed securities is dependent largely on the cash flows generated by the assets backing the securities. Securitization trusts generally do not have any assets or sources of funds other than receivables and

related property they own, and asset-backed securities are generally not insured or guaranteed by the related sponsor or any other entity. Asset-backed securities may be more illiquid than more conventional types of fixed income securities that the Fund may acquire.

**Bank Loans Risk**—With respect to bank loans, the Fund will assume the credit risk of both the borrower and the lender that is selling the participation. The Fund may also have difficulty disposing of bank loans because, in certain cases, the market for such instruments is not highly liquid.

**Below Investment Grade Securities (Junk Bonds) Risk** — Fixed income securities rated below investment grade (junk bonds) involve greater risks of default or downgrade and are generally more volatile than investment grade securities because the prospect for repayment of principal and interest of many of these securities is speculative. Because these securities typically offer a higher rate of return to compensate investors for these risks, they are sometimes referred to as "high yield bonds," but there is no guarantee that an investment in these securities will result in a high rate of return.

**Commercial Paper Risk** — Commercial paper is a short-term obligation with a maturity generally ranging from one to 270 days and is issued by U.S. or foreign companies or other entities in order to finance their current operations. Such investments are unsecured and usually discounted from their value at maturity. The value of commercial paper may be affected by changes in the credit rating or financial condition of the issuing entities and will tend to fall when interest rates rise and rise when interest rates fall. Asset-backed commercial paper may be issued by structured investment vehicles or other conduits that are organized to issue the commercial paper and to purchase trade receivables or other financial assets. The repayment of asset-backed commercial paper depends primarily on the cash collections received from such an issuer's underlying asset portfolio and the issuer's ability to issue new asset-backed commercial paper.

**Commodity Investments and Derivatives Risk** — Commodity investments and derivatives may be more volatile and less liquid than direct investments in the underlying commodities themselves. Commodity related equity returns can also be affected by the issuer's financial structure or the performance of unrelated businesses. The value of a commodity investment or a derivative investment in commodities is typically based upon the price movements of a physical commodity, a commodity futures contract or commodity index or some other readily measurable economic variable that is dependent upon changes in the value of commodities or the commodities

------

SEI Institutional Investments Trust

markets. The value of these securities will rise or fall in response to changes in the underlying commodity or related benchmark or investment, changes in interest rates or factors affecting a particular industry or commodity, such as natural disasters, weather and U.S. and international economic, political and regulatory developments.

**Commodity-Linked Securities Risk** — Investments in commodity-linked securities may be more volatile and less liquid than direct investments in the underlying commodities themselves. Commodity-related equity returns can also be affected by the issuer's financial structure or the performance of unrelated businesses.

**Convertible and Preferred Securities Risk** — Convertible and preferred securities have many of the same characteristics as stocks, including many of the same risks. In addition, convertible bonds may be more sensitive to changes in interest rates than stocks. Convertible bonds may also have credit ratings below investment grade, meaning that they carry a higher risk of failure by the issuer to pay principal and/or interest when due.

**Corporate Fixed Income Securities Risk** — Corporate fixed income securities respond to economic developments, especially changes in interest rates, as well as perceptions of the creditworthiness and business prospects of individual issuers.

**Credit Risk** — The risk that the issuer of a security or the counterparty to a contract will default or otherwise become unable to honor a financial obligation.

**Currency Risk** — As a result of the Fund's investments in securities denominated in, and/or receiving revenues in, foreign currencies, the Fund will be subject to currency risk. Currency risk is the risk that foreign currencies will decline in value relative to the U.S. dollar or, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency hedged. In either event, the dollar value of an investment in the Fund would be adversely affected. Due to the Fund's active positions in currencies, it will be subject to the risk that currency exchange rates may fluctuate in response to, among other things, changes in interest rates, intervention (or failure to intervene) by U.S. or foreign governments, central banks or supranational entities, or by the imposition of currency controls or other political developments in the United States or abroad.

**Current Market Condition Risk** — Current market conditions risk is the risk that a particular investment, or shares of the Funds in general, may fall in value due to current market conditions. Although interest rates were unusually low in recent years in the U.S. and abroad, in 2022, the Federal Reserve and certain foreign central banks raised interest rates as part of their efforts to address rising inflation. The

Federal Reserve and certain foreign central banks recently began to lower interest rates, though economic or other factors, such as inflation, could stop such changes. It is difficult to accurately predict the pace at which interest rates might change, the timing, frequency or magnitude of any such changes in interest rates, or when such changes might stop or again reverse course. Unexpected changes in interest rates could lead to significant market volatility or reduce liquidity in certain sectors of the market. The ongoing adversarial political climate in the United States, as well as political and diplomatic events both domestic and abroad, have and may continue to have an adverse impact on the U.S. regulatory landscape, markets and investor behavior, which could have a negative impact on the Funds' investments and operations. Other unexpected political, regulatory and diplomatic events within the U.S. and abroad may affect investor and consumer confidence and may adversely impact financial markets and the broader economy. The economies of the United States and its trading partners, as well as the financial markets generally, may be adversely impacted by trade disputes and other matters. If any geopolitical conflicts develop or worsen, economies, markets and individual securities may be adversely affected, and the value of the Funds' assets may go down. The COVID-19 global pandemic, or any future public health crisis, and the ensuing policies enacted by governments and central banks have caused and may continue to cause significant volatility and uncertainty in global financial markets, negatively impacting global growth prospects. Advancements in technology may also adversely impact markets and the overall performance of the Funds. These events, and any other future events, may adversely affect the prices and liquidity of the Funds' investments and could result in disruptions in the trading markets.

**Derivatives Risk** — The Fund's use of futures contracts, forwards contracts, options and swaps is subject to market risk, leverage risk, correlation risk and liquidity risk. Leverage risk and liquidity risk are described below and market risk is described above. Many OTC derivative instruments will not have liquidity beyond the counterparty to the instrument. Correlation risk is the risk that changes in the value of the derivative may not correlate perfectly with the underlying asset, rate or index. The Fund's use of forward contracts, options and swaps is also subject to credit risk and valuation risk. Credit risk is described below. Valuation risk is the risk that the derivative may be difficult to value and/or valued incorrectly. Each of these risks could cause the Fund to lose more than the principal amount invested in a derivative instrument. Some derivatives have the potential for unlimited loss, regardless of the size of the Fund's initial investment. The other parties to certain

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SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

derivative contracts present the same types of credit risk as issuers of fixed income securities. The Fund's use of derivatives may also increase the amount of taxes payable by shareholders. The Fund's use of may also increase the amount of taxes payable by shareholders. Both U.S. and non-U.S. regulators have adopted and implemented regulations governing derivatives markets, the ultimate impact of which remains unclear.&nbsp;&nbsp;&nbsp;&nbsp;

**Duration Risk** — The longer-term securities in which the Fund may invest are more volatile. A portfolio with a longer average portfolio duration is more sensitive to changes in interest rates than a portfolio with a shorter average portfolio duration.

**Equity Market Risk** — The risk that the market value of a security may move up and down, sometimes rapidly and unpredictably. Market risk may affect a single issuer, an industry, a sector or the equity or bond market as a whole. Equity markets may decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments that may cause broad changes in market value, public perceptions concerning these developments, and adverse investor sentiment or publicity. Similarly, environmental and public health risks, such as natural disasters, epidemics, pandemics or widespread fear that such events may occur, may impact markets adversely and cause market volatility in both the short- and long-term.

**Exchange-Traded Funds (ETFs) Risk** — The risks of owning shares of an ETF generally reflect the risks of owning the underlying securities the ETF is designed to track, although lack of liquidity in an ETF could result in its value being more volatile than the underlying portfolio securities. When the Fund invests in an ETF, in addition to directly bearing the expenses associated with its own operations, it will bear a pro rata portion of the ETF's expenses.

**Extension Risk** — The risk that rising interest rates may extend the duration of a fixed income security, typically reducing the security's value.

**Fixed Income Market Risk** — The prices of the Fund's fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the creditworthiness of individual issuers, including governments and their agencies. Generally, the Fund's fixed income securities will decrease in value if interest rates rise and vice versa. In a low interest rate environment, risks associated with rising rates are heightened. Declines in dealer market-making capacity as a result of structural or regulatory changes could decrease liquidity and/or increase volatility in the fixed income markets. Markets for fixed income securities may decline significantly in response to adverse issuer, political, regulatory, market, economic

or other developments that may cause broad changes in market value, public perceptions concerning these developments, and adverse investor sentiment or publicity. Similarly, environmental and public health risks, such as natural disasters, epidemics, pandemics or widespread fear that such events may occur, may impact markets adversely and cause market volatility in both the short- and long-term. In response to these events, the Fund's value may fluctuate and/or the Fund may experience increased redemptions from shareholders, which may impact the Fund's liquidity or force the Fund to sell securities into a declining or illiquid market.

**Foreign Investment/Emerging and Frontier Markets Risk** — The risk that non-U.S. securities may be subject to additional price volatility, illiquidity and decreases in value due to, among other things, political, social and economic developments abroad, government ownership or control of portions of the private sector or certain companies, trade barriers and currency movements, exchange controls and managed adjustments in relative currency values, and different or new and unsettled securities and tax markets, laws and regulations. These additional risks may be heightened with respect to emerging market countries because political turmoil and rapid changes in economic conditions are more likely to occur in these countries. These risks may be magnified further with respect to "frontier market countries," which are a subset of emerging market countries with even smaller national economies.

**Foreign Sovereign Debt Securities Risk** — The risks that (i) the governmental entity that controls the repayment of sovereign debt may not be willing or able to repay the principal and/or interest when it becomes due, because of factors such as debt service burden, political constraints, cash flow problems and other national economic factors; (ii) governments may default on their debt securities, which may require holders of such securities to participate in debt rescheduling or additional lending to defaulting governments; and (iii) there is no bankruptcy proceeding by which defaulted sovereign debt may be collected in whole or in part.

**Inflation Protected Securities Risk** — The value of inflation protected securities, including TIPS, generally will fluctuate in response to changes in "real" interest rates, generally decreasing when real interest rates rise and increasing when real interest rates fall. Real interest rates represent nominal (or stated) interest rates reduced by the expected impact of inflation. In addition, interest payments on inflation-indexed securities will generally vary up or down along with the rate of inflation.

**Interest Rate Risk** — The risk that a change in interest rates will cause a fall in the value of fixed income

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SEI Institutional Investments Trust

securities, including U.S. Government securities, in which a Fund invests. Generally, the value of the Fund's fixed income securities will vary inversely with the direction of prevailing interest rates. Changing interest rates may have unpredictable effects on the markets and may affect the value and liquidity of instruments held by the Fund. Although U.S. Government securities are considered to be among the safest investments, they are not guaranteed against price movements due to changing interest rates.

A low interest rate environment may present greater interest rate risk, because there may be a greater likelihood of rates increasing and rates may increase more rapidly.

**Investing in Limited Recourse Obligations Risk** — Collateralized debt obligation (CDO) and collateralized loan obligation (CLO) securities are non-recourse obligations of their issuer payable solely from the related underlying collateral or its proceeds. Therefore, as a holder of CDOs and CLOs, the Fund must rely only on distributions on the underlying collateral or related proceeds for payment. If distributions on the underlying collateral are insufficient to make payments on the CDO or CLO securities, no other assets will be available for payment of the deficiency. As a result, the amount and timing of interest and principal payments in respect of CDO and CLO securities will depend on the performance and characteristics of the related underlying collateral.

**Investment Company Risk** — When the Fund invests in an investment company, including closed-end funds and ETFs, in addition to directly bearing the expenses associated with its own operations, it will bear a pro rata portion of the investment company's expenses. Further, while the risks of owning shares of an investment company generally reflect the risks of owning the underlying investments of the investment company, the Fund may be subject to additional or different risks than if the Fund had invested directly in the underlying investments. For example, the lack of liquidity in an ETF could result in its value being more volatile than that of the underlying portfolio securities. Closed-end investment companies issue a fixed number of shares that trade on a stock exchange or over-the-counter at a premium or a discount to their net asset value. As a result, a closed-end fund's share price fluctuates based on what another investor is willing to pay rather than on the market value of the securities in the fund.

**Investment in the Subsidiary Risk** — The Subsidiary is not registered under the Investment Company Act of 1940, as amended ("the 1940 Act"), and, unless otherwise noted in this prospectus, is not subject to all of the investor protections of the 1940 Act. Thus, the Fund, as an investor in the Subsidiary, will not have all of the protections

offered to investors in registered investment companies. In addition, changes in the laws of the United States and/or the Cayman Islands, under which the Fund and the Subsidiary, respectively, are organized, could result in the inability of the Fund and/or the Subsidiary to operate as intended and could negatively affect the Fund and its shareholders.

**Investment Style Risk** — The risk that large capitalization securities may underperform other segments of the equity markets or the equity markets as a whole.

**Large Capitalization Risk** — The risk that larger, more established companies may be unable to respond quickly to new competitive challenges such as changes in technology and consumer tastes. Larger companies also may not be able to attain the high growth rates of successful smaller companies.

**Leverage Risk** — The Funds' use of derivatives may result in the Funds' total investment exposure substantially exceeding the value of its portfolio securities and the Funds' investment returns depending substantially on the performance of securities that the Funds may not directly own. The use of leverage can amplify the effects of market volatility on the Funds' share price and may also cause the Funds to liquidate portfolio positions when it would not be advantageous to do so in order to satisfy its obligations. The Funds' use of leverage may result in a heightened risk of investment loss.

**Liquidity Risk** — The risk that certain securities may be difficult or impossible to sell at the time and the price that the Fund would like. The Fund may have to lower the price of the security, sell other securities instead or forego an investment opportunity, any of which could have a negative effect on Fund management or performance.

**Market Risk** — The risk that the market value of a security may move up and down, sometimes rapidly and unpredictably. Market risk may affect a single issuer, an industry, a sector or the equity market as a whole. Equity markets may decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments that may cause broad changes in market value, public perceptions concerning these developments, and adverse investor sentiment or publicity. Similarly, environmental and public health risks, such as natural disasters, epidemics, pandemics or widespread fear that such events may occur, may impact markets adversely and cause market volatility in both the short- and long-term.

**Mortgage-Backed Securities Risk** — Mortgage-backed securities are affected significantly by the rate of prepayments and modifications of the mortgage loans

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SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)** 

May 31, 2025

backing those securities, as well as by other factors such as borrower defaults, delinquencies, realized or liquidation losses and other shortfalls. Mortgage-backed securities are particularly sensitive to prepayment risk, which is described below, given that the term to maturity for mortgage loans is generally substantially longer than the expected lives of those securities; however, the timing and amount of prepayments cannot be accurately predicted. The timing of changes in the rate of prepayments of the mortgage loans may significantly affect the Fund's actual yield to maturity on any mortgage-backed securities, even if the average rate of principal payments is consistent with the Fund's expectation. Along with prepayment risk, mortgage-backed securities are significantly affected by interest rate risk, which is described above. In a low interest rate environment, mortgage loan prepayments would generally be expected to increase due to factors such as refinancings and loan modifications at lower interest rates. In contrast, if prevailing interest rates rise, prepayments of mortgage loans would generally be expected to decline and therefore extend the weighted average lives of mortgage-backed securities held or acquired by the Fund.

**Mortgage Dollar Rolls Risk** — Mortgage dollar rolls are transactions in which the Fund sells securities (usually mortgage-backed securities) and simultaneously contracts to repurchase substantially similar, but not identical, securities on a specified future date. If the broker-dealer to whom the Fund sells the security becomes insolvent, the Fund's right to repurchase the security may be restricted. Other risks involved in entering into mortgage dollar rolls include the risk that the value of the security may change adversely over the term of the mortgage dollar roll and that the security the Fund is required to repurchase may be worth less than the security that the Fund originally held.

**Municipal Securities Risk** — Municipal securities, like other fixed income securities, rise and fall in value in response to economic and market factors, primarily changes in interest rates, and actual or perceived credit quality. Rising interest rates will generally cause municipal securities to decline in value. Longer-term securities respond more sharply to interest rate changes than do shorter-term securities. A municipal security will also lose value if, due to rating downgrades or other factors, there are concerns about the issuer's current or future ability to make principal or interest payments. State and local governments rely on taxes and, to some extent, revenues from private projects financed by municipal securities, to pay interest and principal on municipal debt. Poor statewide or local economic results or changing political sentiments may reduce tax revenues and increase the expenses of municipal issuers, making it more difficult for them to repay principal and to make interest payments on securities owned by the Fund. Actual

or perceived erosion of the creditworthiness of municipal issuers may reduce the value of the Fund's holdings. As a result, the Fund will be more susceptible to factors that adversely affect issuers of municipal obligations than a mutual fund that does not have as great a concentration in municipal obligations.

**Non-Diversified Risk** — The Emerging Markets Debt and Multi-Asset Real Return Funds are non-diversified, which means that they may invest in the securities of relatively few issuers. As a result, the Funds may be more susceptible to a single adverse economic or political occurrence affecting one or more of these issuers and may experience increased volatility due to its investments in those securities. However, the Funds intend to satisfy the asset diversification requirements under Subchapter M of the Internal Revenue Code of 1986, as amended, for classification as a regulated investment company.

**Opportunity Risk** — The risk of missing out on an investment opportunity because the assets necessary to take advantage of it are tied up in other investments.

**Participation Notes (P-Notes) Risk** — P-Notes are participation interest notes that are issued by banks or broker-dealers and are designed to offer a return linked to a particular underlying equity, debt, currency or market. Investments in P-Notes involve the same risks associated with a direct investment in the underlying foreign companies or foreign securities markets that they seek to replicate. However, there can be no assurance that the trading price of P-Notes will equal the underlying value of the foreign companies or foreign securities markets that they seek to replicate.

**Portfolio Turnover Risk** — Due to its investment strategy, the Fund may buy and sell securities frequently. This may result in higher transaction costs and taxes subject to ordinary income tax rates as opposed to more favorable capital gains rates, which may affect the Fund's performance.

**Prepayment Risk** — The risk that, in a declining interest rate environment, fixed income securities with stated interest rates may have the principal paid earlier than expected, requiring the Fund to invest the proceeds at generally lower interest rates.

**Private Placements Risk** — Investment in privately placed securities may be less liquid than in publicly traded securities. Although these securities may be resold in privately negotiated transactions, the prices realized from these sales could be less than those originally paid by the Fund or less than what may be considered the fair value of such securities. Further, companies whose securities are not publicly traded may not be subject to the disclosure

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SEI Institutional Investments Trust

and other investor protection requirements that might be applicable if their securities were publicly traded.

**Quantitative Investing Risk** — A quantitative investment style generally involves the use of computers to implement a systematic or rules-based approach to selecting investments based on specific measurable factors. Due to the significant role technology plays in such strategies, they carry the risk of unintended or unrecognized issues or flaws in the design, coding, implementation or maintenance of the computer programs or technology used in the development and implementation of the quantitative strategy.

**Real Estate Industry Risk** — Securities of companies principally engaged in the real estate industry may be subject to the risks associated with direct ownership of real estate. Risks commonly associated with the direct ownership of real estate include fluctuations in the value of underlying properties, defaults by borrowers or tenants, changes in interest rates and risks related to general or local economic conditions.

**Redemption Risk** — The Funds may experience periods of heavy redemptions that could cause the Funds to liquidate its assets at inopportune times or at a loss or depressed value, particularly during periods of declining or illiquid markets.

**REITs Risk** — REITs are trusts that invest primarily in commercial real estate or real estate-related loans. The Fund's investments in REITs will be subject to the risks associated with the direct ownership of real estate. Risks commonly associated with the direct ownership of real estate include fluctuations in the value of underlying properties, defaults by borrowers or tenants, changes in interest rates and risks related to general or local economic conditions. Some REITs may have limited diversification and may be subject to risks inherent in financing a limited number of properties.

**Repurchase Agreements and Reverse Repurchase Agreements Risk** — In the event of the insolvency of the counterparty to a repurchase agreement or reverse repurchase agreement, recovery of the repurchase price owed to the Fund or, in the case of a reverse repurchase agreement, the securities sold by the Fund, may be delayed. Because reverse repurchase agreements may be considered to be the practical equivalent of borrowing funds, they constitute a form of leverage. If the Fund reinvests the proceeds of a reverse repurchase agreement at a rate lower than the cost of the agreement, entering into the agreement will lower the Fund's yield.

**Sampling Risk** — The Fund may not fully replicate the benchmark index and may hold securities not included in

the index. As a result, the Fund may not track the return of its benchmark index as well as it would have if the Fund purchased all of the securities in its benchmark index.

**Short Sales Risk** — A short sale involves the sale of a security that the Fund does not own in the expectation of purchasing the same security (or a security exchangeable therefore) at a later date at a lower price. Short sales expose the Fund to the risk that it will be required to buy the security sold short (also known as "covering" the short position) at a time when the security has appreciated in value, thus resulting in a loss to the Fund. Investment in short sales may also cause the Fund to incur expenses related to borrowing securities. Reinvesting proceeds received from short selling may create leverage, which can amplify the effects of market volatility on the Fund's share price. In addition, shorting a future contract may require posting only a margin that may amount to less than the notional exposure of the contract. Such a practice may exacerbate the loss in a case of adverse price action.

**Small and Medium Capitalization Risk** — Small and medium capitalization companies in which the Fund may invest may be more vulnerable to adverse business or economic events than larger, more established companies. In particular, small and medium capitalization companies may have limited product lines, markets and financial resources and may depend upon a relatively small management group. Therefore, small and medium capitalization stocks may be more volatile than those of larger companies. Small and medium capitalization stocks may be traded over-the-counter (OTC). OTC stocks may trade less frequently and in smaller volume than exchange listed stocks and may have more price volatility than that of exchange-listed stocks.

**Social Investment Criteria Risk** — The Screened World Equity Ex-US Fund's portfolio is subject to certain social investment criteria, including its anti-BDS approach. As a result, the Sub-Advisers will avoid purchasing certain securities for social reasons when it is otherwise economically advantageous to purchase those securities or may sell certain securities for social reasons when it is otherwise economically advantageous to hold those securities. In general, the application of the Fund's social investment criteria may affect the Fund's exposure to certain industries, sectors and geographic areas, which may affect the financial performance of the Fund, positively or negatively, depending on whether these industries or sectors are in or out of favor.

**Tax Risk** — The Fund may gain most of its exposure to the commodities markets through its investment in the Subsidiary, which invests in commodity investments and derivative instruments. To the extent the Fund invests in such instruments directly, it will seek to restrict its income

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SEI Institutional Investments Trust

**NOTES TO FINANCIAL STATEMENTS / NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Concluded)** 

May 31, 2025

from commodity-linked derivative instruments that do not generate qualifying income, such as commodity-linked swaps, to a maximum of 10% of its gross income (when combined with its other investments that produce non-qualifying income) to comply with the qualifying income test necessary for the Fund to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended. The tax treatment of certain commodity linked derivative instruments may be affected by future regulatory or legislative changes that could affect the character, timing and/or amount of the Fund's taxable income or gains and distributions.

**Tracking Error Risk** — The risk that the Fund's performance may vary substantially from the performance of the benchmark index it tracks as a result of cash flows, Fund expenses, imperfect correlation between the Fund's investments and the index's components and other factors.

**U.S. Government Securities Risk** — Although U.S. Government securities are considered to be among the safest investments, they are still subject to the credit risk of the U.S. Government and are not guaranteed against price movements due to changing interest rates. Obligations issued by some U.S. Government agencies are backed by the U.S. Treasury, while others are backed solely by the ability of the agency to borrow from the U.S. Treasury or by the agency's own resources. No assurance can be given that the U.S. Government will provide financial support to its agencies and instrumentalities if it is not obligated by law to do so.

**Warrants Risk** — Warrants are instruments that entitle the holder to buy an equity security at a specific price for a specific period of time. Warrants may be more speculative than other types of investments. The price of a warrant may be more volatile than the price of its underlying security, and a warrant may offer greater potential for capital appreciation as well as capital loss. A warrant ceases to have value if it is not exercised prior to its expiration date.

Please refer to each Fund's current prospectus for additional disclosure regarding the risks associated with investing in the Funds. The foregoing is not intended to be a complete discussion of the risks associated with the investment strategies of the Funds.

11. SECURITIES LENDING

To the extent consistent with its Investment Objective and Strategies, a Fund may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Trust's Board of Trustees. These loans may not exceed 33 1/3% of the total asset value of the Fund including the loan collateral). No Fund will lend portfolio securities to its Adviser, sub-adviser or their affiliates unless it has applied for and received specific authority to do so from the SEC.

Loans of portfolio securities will be fully collateralized by cash. Collateral will be maintained in an amount equal to at least 100% of the current market value of the loaned securities by marking-to-market daily, although the borrower will be required to deliver collateral between 102% and 105% of the market value of borrowed securities for domestic and foreign securities, respectively. However, due to market fluctuations during the day, the value of securities loaned on a particular day may, during the course of the day, exceed the value of collateral. On each business day, the amount of collateral is adjusted based on the prior day's market fluctuations and the current day's lending activity.

Income from lending activity is determined by the amount of interest earned on collateral, less any amounts payable to the borrowers of the securities and the lending agent. Lending securities involves certain risks, including the risk that the Fund may be delayed or prevented from recovering the collateral if the borrower fails to return the securities.

Cash collateral received in connection with securities lending is invested in short-term investments by the lending agent. These investments may include the SEI Liquidity Fund, LP, and the Fund bears all of the gains and losses on such investment. There is no guarantee that these investments will not lose value.

During the year ended May 31, 2025, the Funds discontinued using the Securities Lending Program.

12. CONCENTRATION OF SHAREHOLDERS

SEI Private Trust Company ("SPTC") and SIMC are subsidiaries of SEI Investments Company. As of May 31, 2025, SPTC held of record the following:

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SEI Institutional Investments Trust

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| | |
|:---|:---|
| Fund | % Held |
| Large Cap Fund | 55% |
| Large Cap Disciplined Equity Fund | 70% |
| Large Cap Index Fund | 63% |
| S&P 500 Index Fund | 68% |
| Extended Market Index Fund | 72% |
| Small Cap Fund | 43% |
| Small Cap II Fund | 49% |
| Small/Mid Cap Equity Fund | 62% |
| U.S. Equity Factor Allocation Fund | 80% |
| U.S. Managed Volatility Fund | 33% |
| Global Managed Volatility Fund | 51% |
| World Equity Ex-US Fund | 68% |
| Screened World Equity Ex-US Fund | 80% |
| Emerging Markets Equity Fund | 60% |
| Opportunistic Income Fund | 88% |
| Core Fixed Income Fund | 66% |
| High Yield Bond Fund | 67% |
| Long Duration Fund | 72% |
| Long Duration Credit Fund | 64% |
| Ultra Short Duration Bond Fund | 59% |
| Emerging Markets Debt Fund | 65% |
| Real Return Fund | 70% |
| Limited Duration Bond Fund | 66% |
| Intermediate Duration Credit Fund | 61% |
| Dynamic Asset Allocation Fund | 75% |
| Multi-Asset Real Return Fund | 81% |

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SPTC is not a direct service provider to the Funds. However, SPTC performs a key role in the comprehensive investment solution that SEI provides to investors. SPTC holds the vast majority of shares in the Funds as custodian for shareholders that are clients of the advisors and financial planners. SPTC maintains accounts at SEI Institutional Transfer Agency ("SITA"), and operates in an omnibus fund account environment.

13. SEGMENT REPORTING

In this reporting period, the Funds adopted the Financial Accounting Standards Board ("FASB") Accounting Standards Update ("ASU") 2023-07, Segment Reporting (Topic 280) – "Improvements to Reportable Segment Disclosures" ("ASU 2023-07"). Adoption of the new standard impacted financial statement disclosures only and did not affect the Funds' financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. SIMC acts as the Funds' CODM. The CODM has determined that the Funds represent a single operating segment, as the CODM monitors the operating results of the Funds as a whole and the Funds' long-term strategic asset allocation

is pre-determined in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the Funds' portfolio managers as a team. The financial information in the form of the Funds' schedules of investments, total returns, expense ratios and changes in net assets (i.e., changes in net assets resulting from operations, subscriptions and redemptions), which are used by the CODM to assess the segment's performance versus the Funds' comparative benchmarks and to make resource allocation decisions for the Funds' single segment, is consistent with that presented within the Funds' financial statements. Segment assets are reflected on the accompanying Statements of Assets and Liabilities as "total assets" and significant segment expenses are listed on the accompanying Statements of Operations.

14. SUBSEQUENT EVENTS

Management has evaluated the need for disclosures and/or adjustments resulting from subsequent events through the date the financial statements were issued. Based on this evaluation, no disclosure and/or adjustments were required to the financial statements.

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SEI Institutional Investments Trust

**REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** 

To the Shareholders of the Funds and Board of Trustees

SEI Institutional Investments Trust:

**Opinion on the Financial Statements**

We have audited the accompanying statements of assets and liabilities of the Large Cap Fund, Large Cap Disciplined Equity Fund, Large Cap Index Fund, S&P 500 Index Fund, Extended Market Index Fund, Small Cap Fund, Small Cap II Fund, Small/Mid Cap Equity Fund, U.S. Equity Factor Allocation Fund, U.S. Managed Volatility Fund, Global Managed Volatility Fund, World Equity Ex-US Fund, Screened World Equity Ex-US Fund, Emerging Markets Equity Fund, Opportunistic Income Fund, Core Fixed Income Fund, High Yield Bond Fund, Long Duration Fund, Long Duration Credit Fund, Ultra Short Duration Bond Fund, Emerging Markets Debt Fund, Real Return Fund, Limited Duration Bond Fund, and Intermediate Duration Credit Fund (twenty-four of the twenty-six funds comprising the SEI Institutional Investments Trust (the Trust)), including the schedules of investments, as of May 31, 2025, the related statements of operations for the year then ended, the statements of changes in net assets for each of the years in the two-year period then ended, and the related notes (collectively, the financial statements) and the financial highlights for each of the years in the five-year period then ended. We have also audited the accompanying consolidated statements of assets and liabilities of the Dynamic Asset Allocation Fund and Multi-Asset Real Return Fund (two of the twenty-six funds comprising the Trust) (the twenty-six funds collectively, the Funds), including the consolidated schedules of investments, as of May 31, 2025, the related consolidated statements of operations for the year then ended, the consolidated statements of changes in net assets for each of the years in the two-year period then ended, and the related notes (collectively, the consolidated financial statements) and the consolidated financial highlights for each of the years in the five-year period then ended. In our opinion, the financial statements and consolidated financial statements and financial highlights and consolidated financial highlights present fairly, in all material respects, the financial position of the Funds as of May 31, 2025, the results of their operations for the year then ended, the changes in their net assets for each of the years in the two-year period then ended, and the financial highlights and consolidated financial highlights for each of the years in the five-year period then ended, in conformity with U.S. generally accepted accounting principles.

**Basis for Opinion** 

These financial statements and consolidated financial statements and financial highlights and consolidated financial highlights are the responsibility of the Funds' management. Our responsibility is to express an opinion on these financial statements and consolidated financial statements and financial highlights and consolidated financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and consolidated financial statements and financial highlights and consolidated financial highlights are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements and consolidated financial statements and financial highlights and consolidated financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and consolidated financial statements and financial highlights and consolidated financial highlights. Such procedures also included confirmation of securities owned as of May 31, 2025, by correspondence with the custodians, transfer agent, agent banks and brokers or by other appropriate auditing procedures when replies were not received. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and consolidated financial statements and financial highlights and consolidated financial highlights. We believe that our audits provides a reasonable basis for our opinion.

/s/ KPMG LLP

We have served as the auditor of one or more SEI Funds investment companies since 2005.

Philadelphia, Pennsylvania

July 25, 2025

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SEI Institutional Investments Trust

**NOTICE TO SHAREHOLDERS (Unaudited)** 

For shareholders who do not have a May 31, 2025 taxable year end, this notice is for informational purposes only. For shareholders with a May 31, 2025 taxable year end, please consult your tax adviser as to the pertinence of this notice.

For the fiscal year ended May 31, 2025, the Funds are designating long term and qualifying dividend income with regard to distributions paid during the year as follows:

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Fund | (A)<br> Long Term<br> Capital Gains<br> Distributions<br> (Tax Basis) | (B) Return of Capital (Tax Basis) | (C) Ordinary Income Distributions (Tax Basis) | Total Distributions (Tax Basis) | (D) Dividends Qualifying for Corporate Dividends Rec. Deduction<sup>(1)</sup> |
|  Large Cap Fund | 62.02% | 0.00% | 37.98% | 100.00% | 36.94% |
|  Large Cap Disciplined Equity Fund | 72.94% | 0.00% | 27.06% | 100.00% | 26.30% |
|  Large Cap Index Fund | 86.40% | 0.00% | 13.60% | 100.00% | 74.07% |
|  S&P 500 Index Fund | 92.21% | 0.00% | 7.79% | 100.00% | 79.43% |
|  Extended Market Index Fund | 87.38% | 0.00% | 12.62% | 100.00% | 44.08% |
|  Small Cap Fund | 42.80% | 0.00% | 57.20% | 100.00% | 63.23% |
|  Small Cap II Fund | 68.55% | 0.00% | 31.45% | 100.00% | 57.96% |
|  Small/Mid Cap Equity Fund | 70.41% | 0.00% | 29.59% | 100.00% | 71.72% |
|  U.S. Equity Factor Allocation Fund | 68.50% | 0.00% | 31.50% | 100.00% | 45.47% |
|  U.S. Managed Volatility Fund | 59.13% | 0.00% | 40.87% | 100.00% | 58.97% |
|  Global Managed Volatility Fund | 50.57% | 0.00% | 49.43% | 100.00% | 27.67% |
|  World Equity Ex-US Fund | 13.34% | 0.00% | 86.66% | 100.00% | 0.51% |
|  Screened World Equity Ex-US Fund | 20.35% | 0.00% | 79.65% | 100.00% | 1.60% |
|  Emerging Markets Equity Fund | 32.12% | 0.00% | 67.88% | 100.00% | 0.02% |
|  Opportunistic Income Fund | 0.00% | 0.00% | 100.00% | 100.00% | 0.00% |
|  Core Fixed Income Fund | 0.00% | 0.00% | 100.00% | 100.00% | 0.00% |
|  High Yield Bond Fund | 0.00% | 0.00% | 100.00% | 100.00% | 0.00% |
|  Long Duration Fund | 0.00% | 0.00% | 100.00% | 100.00% | 0.00% |
|  Long Duration Credit Fund | 0.00% | 0.00% | 100.00% | 100.00% | 0.00% |
|  Ultra Short Duration Bond Fund | 0.00% | 0.00% | 100.00% | 100.00% | 0.00% |
|  Emerging Markets Debt Fund | 0.00% | 0.00% | 100.00% | 100.00% | 0.00% |
|  Real Return Fund | 0.00% | 0.00% | 100.00% | 100.00% | 0.00% |
|  Limited Duration Bond Fund | 0.00% | 0.00% | 100.00% | 100.00% | 0.00% |
|  Intermediate Duration Credit Fund | 0.00% | 0.00% | 100.00% | 100.00% | 0.00% |
|  Dynamic Asset Allocation Fund | 89.29% | 0.00% | 10.71% | 100.00% | 41.76% |
|  Multi-Asset Real Return Fund | 0.00% | 0.00% | 100.00% | 100.00% | 12.35% |

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SEI Institutional Investments Trust

**NOTICE TO SHAREHOLDERS (Unaudited) (Concluded)**

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Fund | (E)<br> Qualifying<br> Dividend Income<br> (15% Tax Rate for QDI)<sup>(2)</sup> | (F)<br> U.S. Government<br> Interest<sup>(3)</sup> | Interest<br> Related<br> Dividends<sup>(4)</sup> | Short-Term<br> Capital Gain<br> Dividends<sup>(5)</sup> | Qualifying Business Income <br> Deduction<sup>(6)</sup> |
|  Large Cap Fund | 39.94% | 0.00% | 0.06% | 100.00% | 2.04% |
|  Large Cap Disciplined Equity Fund | 28.32% | 0.00% | 0.00% | 100.00% | 1.12% |
|  Large Cap Index Fund | 77.23% | 0.00% | 0.22% | 100.00% | 4.31% |
|  S&P 500 Index Fund | 83.07% | 0.00% | 0.22% | 100.00% | 3.82% |
|  Extended Market Index Fund | 48.58% | 0.00% | 0.34% | 100.00% | 16.42% |
|  Small Cap Fund | 69.03% | 0.00% | 0.04% | 0.00% | 8.96% |
|  Small Cap II Fund | 62.29% | 0.00% | 0.06% | 100.00% | 4.56% |
|  Small/Mid Cap Equity Fund | 73.79% | 0.00% | 0.00% | 0.00% | 6.53% |
|  U.S. Equity Factor Allocation Fund | 47.59% | 0.00% | 0.26% | 100.00% | 1.39% |
|  U.S. Managed Volatility Fund | 63.88% | 0.00% | 0.04% | 100.00% | 0.13% |
|  Global Managed Volatility Fund | 60.38% | 0.00% | 0.22% | 100.00% | 0.06% |
|  World Equity Ex-US Fund | 70.68% | 0.00% | 0.00% | 0.00% | 0.00% |
|  Screened World Equity Ex-US Fund | 57.89% | 0.00% | 0.72% | 100.00% | 5.37% |
|  Emerging Markets Equity Fund | 55.32% | 0.00% | 0.00% | 0.00% | 0.00% |
|  Opportunistic Income Fund | 0.00% | 1.43% | 50.96% | 0.00% | 0.00% |
|  Core Fixed Income Fund | 0.00% | 30.14% | 90.94% | 0.00% | 0.00% |
|  High Yield Bond Fund | 0.00% | 0.04% | 74.63% | 0.00% | 0.00% |
|  Long Duration Fund | 0.00% | 30.25% | 98.54% | 0.00% | 0.00% |
|  Long Duration Credit Fund | 0.00% | 6.06% | 85.60% | 0.00% | 0.00% |
|  Ultra Short Duration Bond Fund | 0.00% | 12.67% | 84.66% | 0.00% | 0.00% |
|  Emerging Markets Debt Fund | 0.00% | 1.65% | 2.55% | 0.00% | 0.00% |
|  Real Return Fund | 0.00% | 87.85% | 93.15% | 0.00% | 0.00% |
|  Limited Duration Bond Fund | 0.00% | 27.83% | 90.84% | 0.00% | 0.00% |
|  Intermediate Duration Credit Fund | 0.00% | 7.00% | 99.99% | 0.00% | 0.00% |
|  Dynamic Asset Allocation Fund | 43.30% | 0.00% | 8.74% | 100.00% | 1.84% |
|  Multi-Asset Real Return Fund | 12.50% | 30.04% | 74.88% | 0.00% | 0.00% |

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The Funds intend to pass through foreign tax credit to shareholders. For the fiscal year ended May 31, 2025, the amount of foreign source income and foreign tax credit are as follows:

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| | | |
|:---|:---|:---|
|  Fund | Foreign Source Income | Foreign Tax Credit Pass Through |
|  World Equity Ex-US Fund | $253124051 | $20171802 |
|  Screened World Equity Ex-US Fund | 5128469 | 482770 |
|  Emerging Markets Equity Fund | 25856206 | 6961322 |

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(1) Qualifying dividends represent dividends which qualify for the corporate dividends received deduction.

(2) The percentage in this column represents the amount of "Qualifying Dividend Income" is reflected as a percentage of "Ordinary Income Distributions". It is the intention of each of the aforementioned funds to designate the maximum amount permitted by the law. The information reported herein may differ from the information and distributions taxable to the shareholders for the calendar year ending December 31, 2025. Complete information will be computed and reported in conjunction with your 2025 Form 1099-DIV.

(3) "U.S. Government Interest" represents the amount of interest that was derived from direct U.S. Government obligations and distributed during the fiscal year. This amount is reflected as a percentage of total ordinary income distributions (the total of short term capital gain and net investment income distributions). Generally, interest from direct U.S. Government obligations is exempt from state income tax. With the exception of The Real Return Fund, shareholders who are residents of California, Connecticut and New York, the statutory threshold requirements were not satisfied to permit exemption of these amounts from state income.

(4) The percentage in this column represents the amount of "Interest Related Dividend" is reflected as a percentage of ordinary income distribution. Interest related dividends are exempted from U.S. withholding tax when paid to foreign investors.

(5) The percentage in this column represents the amount of "Short Term Capital Gain Dividend" is reflected as a percentage of short term capital gain distribution that is exempted from U.S. withholding tax when paid to foreign investors.

(6) The percentage in this column represents that amount of ordinary dividend income that qualifed for 20% Business Income Deduction.

Items (A), (B) and (C) are based on the percentage of each Fund's total distribution.

Items (D) and (E) are based on the percentage of ordinary income distributions of each Fund.

Item (F) is based on the percentage of gross income of each Fund.

Please consult your tax adviser for proper treatment of this information. This notification should be kept with your permanent tax records.

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SEI Institutional Investments Trust

**OTHER INFORMATION (FORM N-CSR ITEMS 8-11) (UNAUDITED)** 

**Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.** 

Not applicable.

**Item 9. Proxy Disclosures for Open-End Management Investment Companies.** 

At a Special Meeting of Shareholders held on October 16, 2024, shareholders of the SEI Institutional Investments Trust elected Trustees. The results of votes taken among shareholders on the proposal before them are reported below. Each vote reported represents one dollar of net asset value held on the record date for the meeting.

Proposal 1 - To elect a Board of Trustees.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Director** | **Votes For** | **Votes Withheld** | **Abstained** | **Broker** |
| Robert A. Nesher | 1644246383 | 12864844 | N/A | N/A |
| Nina Lesavoy | 1644246383 | 12864844 | N/A | N/A |
| James M. Williams | 1644246383 | 12864844 | N/A | N/A |
| James B. Taylor | 1644246383 | 12864844 | N/A | N/A |
| Susan C. Cote | 1644246383 | 12864844 | N/A | N/A |
| Christine Reynolds | 1644246383 | 12864844 | N/A | N/A |
| Thomas Melendez | 1644246383 | 12864844 | N/A | N/A |
| Dennis J. McGonigle | 1644246383 | 12864844 | N/A | N/A |
| Eli Powell Niepoky | 1644246383 | 12864844 | N/A | N/A |
| Kimberly Walker | 1644246383 | 12864844 | N/A | N/A |

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**Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.** 

Included within the Statement(s) of Operations of the financial statements.

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.** 

SEI Institutional Investments Trust (the "Trust") and SEI Investments Management Corporation ("SIMC") have entered into an investment advisory agreement (the "Advisory Agreement"), pursuant to which SIMC provides investment advisory services to the series of the Trust (the "Funds"). Pursuant to separate sub-advisory agreements with SIMC (the "Sub-Advisory Agreements" and, together with the Advisory Agreement, the "Investment Advisory Agreements"), and under the supervision of SIMC and the Trust's Board of Trustees (each member, a "Trustee" and, collectively, the "Trustees" or the "Board"), the sub-advisers (each, a "Sub-Adviser" and collectively, the "Sub-Advisers") provide security selection and certain other advisory services with respect to all or a discrete portion of the assets of the Funds. The Sub-Advisers are also responsible for managing their employees who provide services to the Funds. The Sub-Advisers are selected based primarily upon the research and recommendations of SIMC, which evaluates quantitatively and qualitatively the Sub-Advisers' skills and investment results in managing assets for specific asset classes, investment styles and strategies.

The Investment Company Act of 1940, as amended (the "1940 Act"), requires that the initial approval of a Fund's Investment Advisory Agreements be specifically approved by the vote of a majority of the outstanding shareholders of the Funds and the vote of a majority of the Trustees who are not parties to the Investment Advisory Agreements or "interested persons" of any party (the "Independent Trustees") cast in person (or otherwise, as consistent with applicable laws, regulations and related guidance and relief) at a meeting called for such purpose. In addition, the 1940 Act requires that the continuation or renewal of any Investment Advisory Agreement be approved at least annually (after an initial period of up to two years), which also requires the vote of a majority of the Board, including a majority of the Independent Trustees. In the case of the initial approval of a Sub-Advisory Agreement, only the approval of a majority of the Board, including a majority of the Independent Trustees, is required, pursuant to an exemptive order that has been granted to the Trust by the Securities and Exchange Commission. In connection with their consideration of such initial approvals and renewals, the Funds' Trustees must request and evaluate, and SIMC and the Sub-Advisers are required to furnish, such information as may be reasonably necessary to evaluate the terms of the Investment Advisory Agreements. In addition, the Securities and Exchange Commission takes the position that, as part of their fiduciary duties with respect to a mutual fund's fees, mutual fund boards are required to evaluate the material factors applicable to a decision to approve or renew an Investment Advisory Agreement.

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SEI Institutional Investments Trust

**OTHER INFORMATION (FORM N-CSR ITEMS 8-11) (UNAUDITED) (Continued)**

Consistent with these responsibilities, the Board calls and holds meetings each year to consider whether to approve new and/or renew existing Investment Advisory Agreements between the Trust and SIMC and SIMC and the Sub-Advisers with respect to the Funds of the Trust. In preparation for these meetings, the Board requests and reviews a wide variety of materials provided by SIMC and the Sub-Advisers, including information about SIMC's and the Sub-Advisers' affiliates, personnel and operations and the services provided pursuant to the Investment Advisory Agreements. The Board also receives data from third parties. This information is provided in addition to the detailed information about the Funds that the Board reviews during the course of each year, including information that relates to Fund operations and Fund performance. The Trustees also receive a memorandum from counsel regarding the responsibilities of Trustees in connection with their consideration of whether to approve or renew the Trust's Investment Advisory Agreements. Finally, the Independent Trustees receive advice from independent counsel to the Independent Trustees, meet in executive sessions outside the presence of Fund management and participate in question and answer sessions with representatives of SIMC and the Sub-Advisers.

Specifically, during the course of the Trust's fiscal year, the Board requested and received written materials from SIMC and the Sub-Advisers regarding: (i) the quality of SIMC's and the Sub-Advisers' investment management and other services; (ii) SIMC's and the Sub-Advisers' investment management personnel; (iii) SIMC's and the Sub-Advisers' operations and financial condition; (iv) SIMC's and the Sub-Advisers' brokerage practices (including any soft dollar arrangements) and investment strategies; (v) the level of the advisory fees that SIMC charges the Funds and the level of the sub-advisory fees that SIMC pays the Sub-Advisers, compared with fees each charge to comparable accounts; (vi) the advisory fees charged by SIMC and the Funds' overall fees and operating expenses compared with peer groups of mutual funds prepared by Broadridge, an independent provider of investment company data that was engaged to prepare an assessment of the Funds in connection with the renewal of the Investment Advisory Agreements (the "Broadridge Report"); (vii) the level of SIMC's and the Sub-Advisers' profitability from their Fund-related operations; (viii) SIMC's and the Sub-Advisers' compliance program, including a description of material compliance matters and material compliance violations; (ix) SIMC's potential economies of scale; (x) SIMC's and the Sub-Advisers' policies on and compliance procedures for personal securities transactions; (xi) SIMC's and the Sub-Advisers' expertise and resources in domestic and/or international financial markets; and (xii) the Funds' performance over various periods of time compared with peer groups of mutual funds prepared by Broadridge and the Funds' benchmark indexes.

At a meeting held on June 24-26, 2024, the Board approved a reduction in contractual investment advisory fees for the Emerging Markets Debt Fund and the U.S. Managed Volatility Fund. Additionally, at the December 2–4, 2024 meeting of the Board, the Trustees, including a majority of the Independent Trustees, approved a brief extension of certain Investment Advisory Agreements already in effect (unless operating under an initial two-year term) to accommodate a revised Spring meeting schedule. Typically, the Trustees renew certain Investment Advisory Agreements at the first quarterly in-person meeting of the calendar year in March. Investment Advisory Agreements regularly renewed at the March meeting expire on April 1 of the following year. Because the first quarterly in-person meeting of the Board in calendar year 2025 was held on April 1-3, certain Investment Advisory Agreements would have expired prior to the meeting, without the extension. Accordingly, the Board voted in-person at the December 2-4, 2024 meeting to extend certain Investment Advisory Agreements until the April 1-3, 2025 meeting. In evaluating whether to approve the extension, the Board considered the information made available to it throughout the course of the year. At the April 1-3, 2025 meeting, the Board evaluated certain Investment Advisory Agreements in accordance with the renewal process that it typically applies during the annual contract renewal each Spring. The Board's approval was based on its consideration and evaluation of the factors described above, as discussed at the meeting and at prior meetings, such as the December 2-4, 2024 meeting. Also, certain Sub-Advisory Agreements were either initially approved or, if the Sub-Advisory Agreement was already in effect (unless operating under an initial two-year term), renewed at meetings of the Board held during the course of the Trust's fiscal year on June 24–26, 2024, September 9–11, 2024, December 2–4, 2024 and April 1–3, 2025. The following discusses some, but not all, of the factors that were considered by the Board in connection with its assessment of the Investment Advisory Agreements.

**Nature, Extent and Quality of Services.** The Board considered the nature, extent and quality of the services provided by SIMC and the Sub-Advisers to the Funds and the resources of SIMC and the Sub-Advisers and their affiliates dedicated to the Funds. In this regard, the Trustees evaluated, among other things, SIMC's and each Sub-Adviser's personnel, experience, track record and compliance program. Following evaluation, the Board concluded that, within the context of its full deliberations, the nature, extent and quality of services provided by SIMC and the Sub-Advisers to the Funds and the

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SEI Institutional Investments Trust

resources of SIMC and the Sub-Advisers and their affiliates dedicated to the Funds were sufficient to support the initial approval or renewal of the Investment Advisory Agreements. In addition to advisory services, the Board considered the nature and quality of certain administrative, transfer agency and other non-investment advisory services provided to the Funds by SIMC and/or its affiliates.

**Performance.** In determining whether to renew SIMC's Advisory Agreement, the Trustees considered the Funds' performance relative to their peer groups and appropriate indexes/benchmarks. The Trustees reviewed performance information for each Fund, noting that they receive performance reports that permit them to monitor each Fund's performance at board meetings throughout the year. As part of this review, the Trustees considered the composition of each peer group and selection criteria. In assessing Fund performance, the Trustees considered the Broadridge Report. The Broadridge Report included metrics on risk analysis, volatility versus total return, net total return and performance consistency for the Funds and a universe of comparable funds. Based on the materials considered and discussed at the meetings, the Trustees found Fund performance satisfactory, or, where performance was materially below the benchmark and/or peer group, the Trustees were satisfied with the reasons provided to explain such performance. In connection with the approval or renewal of Sub-Advisory Agreements, the Board considered the performance of the Sub-Adviser relative to appropriate indexes/benchmarks. Following evaluation, the Board concluded that, within the context of its full deliberations, the performance of the Funds was sufficient to support renewal of SIMC's Advisory Agreement, and the performance of each Sub-Adviser was sufficient to support the approval or renewal of the Sub-Advisory Agreement.

**Fees.** With respect to the Funds' expenses under the Investment Advisory Agreements, the Trustees considered the rate of compensation called for by the Investment Advisory Agreements and the Funds' net operating expense ratios in comparison to those of the Funds' respective peer groups. In assessing Fund expenses, the Trustees considered the information in the Broadridge Report, which included various metrics related to fund expenses, including, but not limited to, contractual management fees at various asset levels, actual management fees (including transfer agent expenses), and actual total expenses for the Funds and a universe of comparable funds. Based on the materials considered and discussion at the meetings, the Trustees further determined that fees were either shown to be below the peer average in the comparative fee analysis, or that there was a reasonable basis for the fee level. The Trustees also considered the effects of SIMC's and its affiliates' voluntary waivers of management and other fees to prevent total Fund operating expenses from exceeding certain amounts and concluded that SIMC, through waivers, has maintained the Funds' net operating expenses at competitive levels for its distribution channels. In determining the appropriateness of fees, the Board also took into consideration the impact of fees incurred indirectly by the Funds as a result of investments into underlying funds, including funds from which SIMC or its affiliates earn fees. The Board also took into consideration compensation earned from the Funds by SIMC or its affiliates for non-advisory services, such as administration, transfer agency, shareholder services or brokerage, and considered whether SIMC and its affiliates may have realized other benefits from their relationship with the Funds, such as any research and brokerage services received under soft dollar arrangements. When considering fees paid to Sub-Advisers, the Board took into account the fact that the Sub-Advisers are compensated by SIMC and not by the Funds directly, and that such compensation with respect to any unaffiliated Sub-Adviser reflects an arms-length negotiation between the Sub-Adviser and SIMC. Following evaluation, the Board concluded that, within the context of its full deliberations, the expenses of the Funds are reasonable and supported the approval or renewal of the Investment Advisory Agreements. The Board also considered whether the Sub-Advisers and their affiliates may have realized other benefits from their relationship with the Funds, such as any research and brokerage services received under soft dollar arrangements.

**Profitability.** With regard to profitability, the Trustees considered compensation flowing to SIMC and the Sub-Advisers and their affiliates, directly or indirectly. The Trustees considered whether the levels of compensation and profitability were reasonable. As with the fee levels, when considering the profitability of the Sub-Advisers, the Board took into account the fact that compensation with respect to any unaffiliated Sub-Adviser reflects an arms-length negotiation between the Sub-Adviser and SIMC. In connection with the approval or renewal of each Sub-Advisory Agreement, the Board also took into consideration the impact that the fees paid to the Sub-Adviser have on SIMC's advisory fee margin and profitability. Based on this evaluation, the Board concluded that, within the context of its full deliberations, the profitability of each of SIMC and the Sub-Advisers is reasonable and supported the approval or renewal of the Investment Advisory Agreements.

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SEI Institutional Investments Trust

**OTHER INFORMATION (FORM N-CSR ITEMS 8-11) (UNAUDITED) (Concluded)**

**Economies of Scale.** With respect to the Advisory Agreement, the Trustees considered whether any economies of scale were being realized by SIMC and its affiliates and, if so, whether the benefits of such economies of scale were passed along to the Funds' shareholders through a graduated investment advisory fee schedule or other means, including any fee waivers by SIMC and its affiliates. The Trustees recognized that economies of scale are difficult to identify and quantify and are rarely identifiable on a fund-by-fund basis. Based on this evaluation, the Board determined that the fees were reasonable in light of the information that was provided by SIMC with respect to economies of scale.

Based on the Trustees' deliberation and their evaluation of the information described above, the Board, including all of the Independent Trustees, with the assistance of Fund counsel and Independent Trustees' counsel, unanimously approved the approval or renewal, as applicable, of the Investment Advisory Agreements and concluded that the compensation under the Investment Advisory Agreements is fair and reasonable in light of such services and expenses and such other matters as the Trustees considered to be relevant in the exercise of their reasonable judgment. In the course of its deliberations, the Board did not identify any particular factor (or conclusion with respect thereto) or single piece of information that was all-important, controlling or determinative of its decision, but considered all of the factors together, and each Trustee may have attributed different weights to the various factors (and conclusions with respect thereto) and information.

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SEI Institutional Investments Trust

**SEI INSTITUTIONAL INVESTMENTS TRUST ANNUAL FINANCIALS AND OTHER INFORMATION MAY 31, 2025** 

#### Trustees
Robert A. Nesher, Chairman

Dennis McGonigle

Nina Lesavoy

James M. Williams

Susan C. Cote

James B. Taylor

Christine Reynolds

Thomas Melendez

Kimberly Walker

Eli Powell Niepoky

#### Officers
Robert A. Nesher

*President and Chief Executive Officer* 

Glenn R. Kurdziel

*Controller and Chief Financial Officer* 

Stephen Panner

*Chief Compliance Officer* 

Timothy D. Barto

*Vice President, Secretary* 

David F. McCann

*Vice President, Assistant Secretary* 

Katherine Mason

*Vice President, Assistant Secretary* 

Stephen G. MacRae

*Vice President* 

Bridget E. Sudall

*Anti-Money Laundering Compliance Officer* 

*Privacy Officer* 

**Investment Adviser** 

SEI Investments Management Corporation

#### Administrator
SEI Investments Global Funds Services

#### Distributor
SEI Investments Distribution Co.

#### Legal Counsel
Morgan, Lewis & Bockius LLP

#### Independent Registered Public Accounting Firm
KPMG LLP

This report and the financial statements contained herein are submitted for the general information of the shareholders of the Trust and must be preceded or accompanied by a current prospectus. Shares of the Funds are not deposits or obligations of, or guaranteed or endorsed by, any bank. The shares are not federally insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, or any other government agency. Investment in the shares involves risk, including the possible loss of principal.

#### For more information call

#### 1 800 DIAL SEI

#### (1 800 342 5734)

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| | |
|:---|:---|
| ![](fp0094596-1p2_442.jpg) | 1 Freedom Valley Drive <br>P.O. Box 1100 <br>Oaks, Pennsylvania 19456 |

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SEI-F-140 (5/25)

**Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.**

Included under Item 7.

**Item 9. Proxy Disclosures for Open-End Management Investment Companies.**

Included under Item 7.

**Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.**

The remuneration paid by the company during the period covered by the report to the Trustees on the company's Board of Trustees is disclosed as part of the financial statements included above in Item 7.

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.**

Included under Item 7.

**Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.**

Not applicable.

**Item 13. Portfolio Managers of Closed-End Management Investment Companies.**

Not applicable.

**Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.**

Not applicable.

**Item 15. Submission of Matters to a Vote of Security Holders.**

There have been no material changes to the procedures by which shareholders may recommend nominees to the Registrant's Board of Trustees (the "Board"). The Registrant has a standing Governance Committee (the "Committee") currently consisting of the Independent Trustees. The Committee is responsible for evaluating and recommending nominees for election to the Board. Pursuant to the Committee's Charter, adopted on June 18, 2004, as amended, the Committee will review all shareholder recommendations for nominations to fill vacancies on the Board if such recommendations are submitted in writing and addressed to the Committee at the Registrant's office.

**Item 16. Controls and Procedures.**

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

(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 that occurred during 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 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.**

Not applicable.

**Item 18. Recovery of Erroneously Awarded Compensation.**

(a) Not applicable.

(b) Not applicable.

**Item 19. Exhibits.**

[(a)(1) Code of Ethics attached hereto.](fp0094596-1_ex99code.htm)

(a)(2) Not applicable.

[(a)(3) A separate certification for the principal executive officer and the principal financial officer of the Registrant, as required by Rule 30a-2(a) under the Act (17 CFR § 270.30a-2(a)), are filed herewith.](fp0094596-1_ex99cert.htm)

(a)(4) Not applicable.

(a)(5) Not applicable.

[(b) Officer certifications as required by Rule 30a-2(b) under the Investment Company Act of 1940, as amended, also accompany this filing as exhibits.](fp0094596-1_ex99906cert.htm)

**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.

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| | |
|:---|:---|
|  | SEI Institutional Investments Trust |
| By | /s/ Robert A. Nesher |
|  | Robert A. Nesher |
|  | President & CEO |
|  | (Principal Executive Officer) |
| Date: August 8, 2025 |  |

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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.

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| | |
|:---|:---|
| By | /s/ Robert A. Nesher |
|  | Robert A. Nesher |
|  | President & CEO |
|  | (Principal Executive Officer) |
| Date: August 8, 2025 |  |
| By | /s/ Glenn Kurdziel |
|  | Glenn Kurdziel |
|  | Controller & CFO |
|  | (Principal Financial Officer) |
| Date: August 8, 2025 |  |

---

## Ex-99.Code

**SEI TAX EXEMPT TRUST**

**SEI DAILY INCOME TRUST**

**SEI INSTITUTIONAL MANAGED TRUST**

**SEI INSTITUTIONAL INTERNATIONAL TRUST**

**SEI ASSET ALLOCATION TRUST**

**SEI INSTITUTIONAL INVESTMENTS TRUST**

**ADVISER MANAGED TRUST**

**NEW COVENANT FUNDS**

**SEI CATHOLIC VALUES TRUST**

**SEI EXCHANGE TRADED FUNDS**

**SEI CAYMAN FOREIGN CORPORATIONS**

**Financial Officer Code of Ethics**

1. <u>Introduction</u> 

The reputation and integrity of SEI Tax Exempt Trust, SEI Daily Income Trust, SEI Institutional Managed Trust, SEI Institutional International Trust, SEI Asset Allocation Trust, SEI Institutional Investments Trust, Adviser Managed Trust, New Covenant Funds, SEI Catholic Values Trust, SEI Exchange Traded Funds and SEI Cayman Foreign Corporations (each a "Trust" and, collectively, the "Trusts") are valuable assets that are vital to the each Trust's success. The Trusts' senior financial officers ("SFOs") are responsible for conducting the Trusts' business in a manner that demonstrates a commitment to the highest standards of integrity. The Trusts' SFOs include the principal executive officer, the principal financial officer, comptroller or principal accounting officer, and any person who performs a similar function.

The Sarbanes-Oxley Act of 2002 (the "Act") effected sweeping corporate disclosure and financial reporting reform on public companies, including mutual funds, to address corporate malfeasance and assure investors that the companies in which they invest are accurately and completely disclosing financial information. Under the Act, all public companies (including the Trusts) must either have a code of ethics for their SFOs, or disclose why they do not. The Act was intended to foster corporate environments which encourage employees to question and report unethical and potentially illegal business practices. Each Trust has chosen to adopt this Financial Officer Code of Ethics (the "Code") to encourage its SFOs to act in a manner consistent with the highest principles of ethical conduct.

2. <u>Purposes of the Code</u> 

The purposes of this Code are:

To promote honest and ethical conduct by each Trust's SFOs, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;

To assist each Trust's SFOs in recognizing and avoiding conflicts of interest, including disclosing to an appropriate person any material transaction or relationship that reasonably could be expected to give rise to such a conflict;

To promote full, fair, accurate, timely, and understandable disclosure in reports and documents that the Trusts file with, or submit to, the SEC and in other public communications made by the Trusts;

To promote compliance with applicable laws, rules and regulations;

To encourage the prompt internal reporting to an appropriate person of violations of this Code; and

To establish accountability for adherence to this Code.

3. <u>Questions about this Code</u> 

Each Trust's compliance officer designated to oversee compliance with the Trust's Code of Ethics adopted pursuant to Rule 17j-1 shall serve as Compliance Officer for the implementation and administration of this Code. You should direct your questions about this Code to the Compliance Officer.

4. <u>Conduct Guidelines</u> 

Each Trust has adopted the following guidelines under which the Trust's SFOs must perform their official duties and conduct the business affairs of the Trust.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) **Ethical and honest conduct is of paramount importance.** Each Trust's SFOs must act with honesty and integrity and avoid violations of this Code, including the
avoidance of actual or apparent conflicts of interest with the Trust in personal and professional relationships.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) **SFOs must disclose material transactions or relationships.** Each Trust's SFOs must disclose
to the Compliance Officer any actual or apparent conflicts of interest the SFO may have with the Trust that reasonably could be expected
to give rise to any violations of this Code. Such conflicts of interest may arise as a result of material transactions or business or
personal relationships to which the SFO may be a party. If it is not possible to disclose the matter to the Compliance Officer, it should
be disclosed to the Trust's Chief Financial Officer, Chief Executive Officer or another appropriate person. In addition to disclosing
any actual or apparent conflicts of interest in which an SFO is personally involved, the Trusts' SFOs have an obligation to report
any other actual or apparent conflicts which they discover or of which they otherwise become aware. If you are unsure whether a particular
fact pattern gives rise to a conflict of interest, or whether a particular transaction or relationship is "material," you
should bring the matter to the attention of the Compliance Officer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) **Standards for quality of information shared with service providers of the Trusts.** Each Trust's SFOs must at all times seek to provide information to the Trust's
service providers (adviser, administrator, outside auditor, outside counsel, custodian, *etc.*) that is accurate, complete, objective,
relevant, timely, and understandable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) **Standards for quality of information included in periodic reports.** Each Trust's SFOs
must at all times endeavor to ensure full, fair, timely, accurate, and understandable disclosure in the Trust's periodic reports.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) **Compliance with laws.** Each Trust's SFOs must comply with the federal securities laws
and other laws and rules applicable to the Trusts, such as the Internal Revenue Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) **Standard of care.** Each Trust's SFOs must at all times act in good faith and with due care,
competence and diligence, without misrepresenting material facts or allowing your independent judgment to be subordinated. Each Trust's
SFOs must conduct the affairs of the Trust in a responsible manner, consistent with this Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g) **Confidentiality of information.** Each Trust's SFOs must respect and protect the confidentiality of information acquired in the course of their professional
duties, except when authorized by the Trust to disclose it or where disclosure is otherwise legally mandated. You may not use confidential
information acquired in the course of your work for personal advantage.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h) **Sharing of information and educational standards.** Each Trust's SFOs should share information with relevant parties to keep them informed of the business affairs of
the Trust, as appropriate, and maintain skills important and relevant to the Trust's needs.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) **Promote ethical conduct.** Each
Trust's SFOs should at all times proactively promote ethical behavior among peers in your work environment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;j) **Standards for recordkeeping.** Each Trust's SFOs must at all times endeavor to ensure that
the Trust's financial books and records are thoroughly and accurately maintained to the best of their knowledge in a manner consistent
with applicable laws and this Code.

5. <u>Waivers of this Code</u> 

You may request a waiver of a provision of this Code by submitting your request in writing to the Compliance Officer for appropriate review. For example, if a family member works for a service provider that prepares a Trust's financial statements, you may have a potential conflict of interest in reviewing those statements and should seek a waiver of this Code to review the work. An executive officer of each Trust, or another appropriate person (such as a designated Board or Audit Committee member), will decide whether to grant a waiver. All waivers of this code must be disclosed to the applicable Trust's shareholders to the extent required by SEC rules.

6. <u>Affirmation of the Code</u> 

Upon adoption of the Code, each Trust's SFOs must affirm in writing that they have received, read and understand the Code, and annually thereafter must affirm that they have complied with the requirements of the Code. To the extent necessary, each Trust's Compliance Officer will provide guidance on the conduct required by this Code and the manner in which violations or suspected violations must be reported and waivers must be requested.

7. <u>Reporting Violations</u> 

In the event that an SFO discovers or, in good faith, suspects a violation of this Code, the SFO must immediately report the violation or suspected violation to the Compliance Officer. The Compliance Officer may, in his discretion, consult with another member of the Trust's senior management or the Board in determining how to address the suspected violation. For example, a Code violation may occur when a periodic report or financial statement of a Trust omits a material fact, or is technically accurate but, in the view of the SFO, is written in a way that obscures its meaning.

SFOs who report violations or suspected violations in good faith will not be subject to retaliation of any kind. Reported violations will be investigated and addressed promptly and will be treated as confidential to the extent possible.

<u>8.</u> <u>Violations of the Code</u> 

Dishonest or unethical conduct or conduct that is illegal will constitute a violation of this Code, regardless of whether this Code specifically refers to such particular conduct. A violation of this Code may result in disciplinary action, up to and including removal as an SFO of the Trust. A variety of laws apply to the Trusts and their operations, including the Securities Act of 1933, the Investment Company Act of 1940, state laws relating to duties owed by Trust officers, and criminal laws. The Trusts will report any suspected criminal violations to the appropriate authorities, and will investigate, address and report, as appropriate, non-criminal violations.

Dated: October 2022

## Ex-99.Cert

Certification

Pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 and Section 302 of the Sarbanes-Oxley Act of 2002

I, Robert A. Nesher, certify that:

1. I have reviewed this report on Form N-CSR of SEI Institutional Investments Trust (Registrant);

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

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the Registrant as of, and for, the periods presented in this report;

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

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

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

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

(d) Disclosed in this report any change in the Registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over financial reporting; and

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

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant's ability to record, process, summarize, and report financial information; and

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

Date: August 8, 2025

---

| |
|:---|
| /s/ Robert A. Nesher |
| Robert A. Nesher |
| President & CEO |
| (Principal Executive Officer) |

---

Certification

Pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 and Section 302 of the Sarbanes-Oxley Act of 2002

I, Glenn Kurdziel, certify that:

1. I have reviewed this report on Form N-CSR of SEI Institutional Investments Trust (Registrant);

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

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the Registrant as of, and for, the periods presented in this report;

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

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

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

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

(d) Disclosed in this report any change in the Registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over financial reporting; and

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

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant's ability to record, process, summarize, and report financial information; and

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

Date: August 8, 2025

---

| |
|:---|
| /s/ Glenn Kurdziel |
| Glenn Kurdziel |
| Controller & CFO |
| (Principal Financial Officer) |

---

## Exhibit 99.906

CERTIFICATION

Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906

of the Sarbanes-Oxley Act of 2002

The undersigned, the President & CEO of SEI Institutional Investments Trust (the "Trust"), with respect to the Trust's Report on Form N-CSR for the period ended May 31, 2025 as filed with the Securities and Exchange Commission, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. such Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Trust.

Dated: August 8, 2025

---

| |
|:---|
| /s/ Robert A. Nesher |
| Robert A. Nesher |
| President & CEO |
| (Principal Executive Officer) |

---

CERTIFICATION

Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906

of the Sarbanes-Oxley Act of 2002

The undersigned, the Controller & CFO of SEI Institutional Investments Trust (the "Trust"), with respect to the Trust's Report on Form N-CSR for the period ended May 31, 2025 as filed with the Securities and Exchange Commission, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. such Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Trust.

Dated: August 8, 2025

---

| |
|:---|
| /s/ Glenn Kurdziel |
| Glenn Kurdziel |
| Controller & CFO |
| (Principal Financial Officer) |

---