N-Q 1 d543740dnq.htm SEI INSURANCE PRODUCTS TRUST SEI Insurance Products Trust

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-22862

 

 

SEI Insurance Products Trust

(Exact name of registrant as specified in charter)

 

 

SEI Investments

One Freedom Valley Drive

Oaks, PA 19456

(Address of principal executive offices)

 

 

CT Corporation

155 Federal Street

Boston, MA 02110

(Name and address of agent for service)

 

 

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

Date of fiscal year end: December 31, 2018

Date of reporting period: March 31, 2018

 

 

 

Item 1. Schedule of Investments

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

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Defensive Strategy Fund

 

     
Description   Shares    

Market Value

  ($ Thousands)

  

 

AFFILIATED INVESTMENT FUNDS — 100.1%

 

  

 

Fixed Income Funds — 56.1%

 

  

SEI Daily Income Trust Short Duration Government Fund, Cl Y

     42,838     $ 439  

SEI Institutional Managed Trust Conservative Income Fund, Cl Y

     21,964       220  

SEI Institutional Managed Trust Real Return Fund, Cl Y

     7,287       73  

SEI Institutional Managed Trust U.S. Fixed Income Fund, Cl Y

     8,864       88  

Total Fixed Income Funds
(Cost $828) ($ Thousands)

       820  

Multi-Asset Funds — 30.1%

 

  

SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y

     29,268       293  

SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y

     6,838       73  

SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, ClY

     8,746       73  

Total Multi-Asset Funds
(Cost $436) ($ Thousands)

       439  

Equity Funds — 8.9%

 

  

SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y

     6,361       72  

SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y

     3,328       58  

Total Equity Funds
(Cost $122) ($ Thousands)

       130  

Money Market Fund — 5.0%

 

  

SEI Daily Income Trust Government Fund,
Cl F, 1.430%**

     73,193       73  

Total Money Market Fund
(Cost $73) ($ Thousands)

       73  

Total Investments in Securities— 100.1%
(Cost $1,459) ($ Thousands)

     $ 1,462  
         
 

 

 

SEI Insurance Products Trust / Quarterly Report /March 31, 2018

      1  

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Defensive Strategy Fund (Concluded)

 

  Percentages are based on Net Assets of $1,460 ($ Thousands).
** Rate shown is the 7-day effective yield as of March 31, 2018.

Cl — Class

As of March 31, 2018, all of the Fund’s investments were considered level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

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

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

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

 

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

 

                                 Change in Unrealized              
    Value     Purchases at     Proceeds from     Realized Gain     Appreciation     Value     Dividend
Security Description   12/31/2017     Cost     Sales     (Loss)     (Depreciation)     3/31/2018     Income

SEI Daily Income Trust Short Duration Government Fund, CI Y

     $ 487         $ 23         $ (68)         $ (1)         $ (2)         $ 439         $ 2    

SEI Institutional Managed Trust Conservative Income Fund, CI Y

     249         6         (35)         —         —         220         1    

SEI Institutional Managed Trust High Yield Bond Fund, CI Y

     13         —         (13)         1         (1)         —         —    

SEI Institutional Managed Trust Real Return Fund, CI Y

     83         1         (11)         —         —         73         —    

SEI Institutional Managed Trust U.S. Fixed Income Fund, CI Y

     100         3         (13)         —         (2)         88         1    

SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, CI Y

     333         5         (45)         (1)         1         293         —    

SEI Institutional Managed Trust Multi-Asset Income Fund, CI Y

     83         2         (11)         —         (1)         73         —    

SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, CI Y

     84         1         (11)         —         (1)         73         —    

SEI Institutional Managed Trust Global Managed Volatility Fund, CI Y

     84         1         (11)         (1)         (1)         72         —    

SEI Institutional Managed Trust U.S. Managed Volatility Fund, CI Y

     66         1         (8)         (1)         —         58         —    

SEI Daily Income Trust Government Fund, CI F

     83         2         (12)         —         —         73         —    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     $ 1,665         $45         $ (238)         $ (3)         $ (7)         $ 1,462         $ 4    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

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

 

 

2

    SEI Insurance Products Trust / Quarterly Report /March 31, 2018

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Conservative Strategy Fund

 

     
Description   Shares    

Market Value

  ($ Thousands)

  

 

AFFILIATED INVESTMENT FUNDS — 100.2%

    

 

Fixed Income Funds — 51.2%

    

SEI Daily Income Trust Short Duration Government Fund, Cl Y

     191,333     $ 1,959  

SEI Daily Income Trust Ultra Short Duration Bond Fund, Cl Y

     56,119       522  

SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y

     62,592       657  

SEI Institutional Managed Trust Conservative Income Fund, Cl Y

     130,581       1,306  

SEI Institutional Managed Trust High Yield Bond Fund, Cl Y

     18,526       131  

SEI Institutional Managed Trust Real Return Fund, Cl Y

     51,991       523  

SEI Institutional Managed Trust U.S. Fixed Income Fund, Cl Y

     158,446       1,580  

Total Fixed Income Funds
(Cost $6,694) ($ Thousands)

       6,678  

Multi-Asset Funds — 31.1%

    

SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y

     221,920       2,219  

SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y

     73,398       781  

SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, ClY

     78,163       655  

SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y

     39,858       392  

Total Multi-Asset Funds
(Cost $4,046) ($ Thousands)

       4,047  

Equity Funds — 17.9%

    

SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y

     125,246       1,426  

SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y

     52,235       909  

Total Equity Funds
(Cost $2,211) ($ Thousands)

       2,335  

Total Investments in Securities— 100.2%
(Cost $12,951) ($ Thousands)

     $ 13,060  
         
 

 

 

SEI Insurance Products Trust / Quarterly Report / March 31, 2018

      1  

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Conservative Strategy Fund (Concluded)

 

Percentages are based on Net Assets of $13,028 ($ Thousands).

Cl — Class

As of March 31, 2018, all of the Fund’s investments were considered level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

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

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

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

 

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

 

                                 Change in Unrealized              
    Value     Purchases at     Proceeds     Realized     Appreciation     Value     Dividend
Security Description   12/31/2017     Cost     from Sales     Gain (Loss)     (Depreciation)     3/31/2018     Income

SEI Daily Income Trust Short Duration Government Fund, CI Y

     $ 1,905         $ 179         $ (112)         $ (2)         $ (11)         $ 1,959         $ 9    

SEI Daily Income Trust Ultra Short Duration Bond Fund, CI Y

     535         21         (32)         —         (2)         522         2    

SEI Institutional International Trust Emerging Markets Debt Fund, CI Y

     403         281         (39)         1         11         657         —    

SEI Institutional Managed Trust Conservative Income Fund, CI Y

     1,337         50         (81)         —         —         1,306         5    

SEI Institutional Managed Trust High Yield Bond Fund, CI Y

     504         8         (373)         12         (20)         131         4    

SEI Institutional Managed Trust Real Return Fund, CI Y

     536         17         (30)         —         —         523         —    

SEI Institutional Managed Trust U.S. Fixed Income Fund, CI Y

     1,607         79         (73)         (3)         (30)         1,580         9    

SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, CI Y

     2,275         67         (121)         (2)         —         2,219         —    

SEI Institutional Managed Trust Multi-Asset Income Fund, CI Y

     803         29         (39)         —         (12)         781         5    

SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, CI Y

     674         24         (37)         (1)         (5)         655         —    

SEI Institutional Managed Trust Multi-Asset Accumulation Fund, CI Y

     404         21         (26)         —         (7)         392         —    

SEI Institutional Managed Trust Global Managed Volatility Fund, CI Y

     1,475         96         (108)         (1)         (36)         1,426         —    

SEI Institutional Managed Trust U.S. Managed Volatility Fund, CI Y

     931         71         (79)         —         (14)         909         —    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     $ 13,389         $ 943         $ (1,150)         $ 4         $ (126)         $ 13,060         $ 34    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

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

 

 

2

    SEI Insurance Products Trust / Quarterly Report / March 31, 2018

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Moderate Strategy Fund

 

     
Description   Shares    

Market Value

($ Thousands)

  

AFFILIATED INVESTMENT FUNDS — 100.2%

 

  

Fixed Income Funds — 36.2%

 

  

SEI Daily Income Trust Short Duration Government Fund, Cl Y

     84,975     $ 870  

SEI Daily Income Trust Ultra Short Duration Bond Fund, Cl Y

     35,052       326  

SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y

     62,473       655  

SEI Institutional Managed Trust Real Return Fund, Cl Y

     32,455       327  

SEI Institutional Managed Trust U.S. Fixed Income Fund, Cl Y

     175,493       1,750  

Total Fixed Income Funds
(Cost $3,932) ($ Thousands)

       3,928  

Multi-Asset Funds — 35.1%

 

  

SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y

     166,265       1,636  

SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y

     108,762       1,088  

SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y

     51,002       543  

SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, ClY

     65,094       545  

Total Multi-Asset Funds
(Cost $3,752) ($ Thousands)

       3,812  

Equity Funds — 28.9%

 

  

SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y

     142,407       1,622  

SEI Institutional Managed Trust Large Cap Fund, Cl Y

     14,448       212  

SEI Institutional Managed Trust Large Cap Value Fund, Cl Y

     8,546       213  

SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y

     62,221       1,082  

Total Equity Funds
(Cost $2,919) ($ Thousands)

       3,129  

Total Investments in Securities— 100.2%
(Cost $10,603) ($ Thousands)

     $ 10,869  
         
 

 

 

SEI Insurance Products Trust / Quarterly Report /March 31, 2018

      1  

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Moderate Strategy Fund (Concluded)

 

Percentages are based on Net Assets of $10,842 ($ Thousands).

Cl — Class

As of March 31, 2018, all of the Fund’s investments were considered level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

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

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

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

 

 

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

 

                                 Change in Unrealized                
    Value     Purchases at     Proceeds     Realized Gain     Appreciation     Value     Dividend  
Security Description   12/31/2017     Cost     from Sales     (Loss)     (Depreciation)     3/31/2018     Income  

SEI Daily Income Trust Short Duration Government Fund, CI Y

     $ 731         $ 158         $ (14)         $ —         $ (5)         $ 870         $ 4    

SEI Daily Income Trust Ultra Short Duration Bond Fund, CI Y

     338         4         (15)         —         (1)         326         2    

SEI Institutional International Trust Emerging Markets Debt Fund, CI Y

     343         325         (24)         1         10         655         —    

SEI Institutional Managed Trust High Yield Bond Fund, Cl Y

     511         3         (506)         34         (42)         —         3    

SEI Institutional Managed Trust Real Return Fund, Cl Y

     337         3         (13)         —         —         327         —    

SEI Institutional Managed Trust U.S. Fixed Income Fund, Cl Y

     1,805         29         (47)         (2)         (35)         1,750         10    

SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y

     1,706         33         (73)         (1)         (29)         1,636         —    

SEI Institutional Managed Trust Multi-Asset Capital Stability Fund, Cl Y

     1,130         4         (45)         (1)         —         1,088         —    

SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y

     564         6         (19)         —         (8)         543         3    

SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y

     566         2         (17)         (1)         (5)         545         —    

SEI Institutional Managed Trust Global Managed Volatility Fund, Cl Y

     1,719         33         (87)         —         (43)         1,622         —    

SEI Institutional Managed Trust Large Cap Fund, Cl Y

     232         5         (25)         2         (2)         212         —    

SEI Institutional Managed Trust Large Cap Value Fund, Cl Y

     234         6         (23)         1         (5)         213         —    

SEI Institutional Managed Trust U.S. Managed Volatility Fund, Cl Y

     1,146         20         (66)         1         (19)         1,082         —    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Totals

     $ 11,362         $ 631         $ (974)         $ 34         $ (184)         $ 10,869         $ 22    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

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

 

 

2

    SEI Insurance Products Trust / Quarterly Report /March 31, 2018

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Market Plus Strategy Fund

 

     
Description   Shares    

Market Value

  ($ Thousands)

  

AFFILIATED INVESTMENT FUNDS — 100.2%

 

  

Equity Funds — 63.1%

 

  

SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y

     31,267     $ 410  

SEI Institutional International Trust International Equity Fund, Cl Y

     107,528       1,235  

SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y

     38,402       472  

SEI Institutional Managed Trust Large Cap Fund, Cl Y

     84,248       1,236  

SEI Institutional Managed Trust Small Cap Fund, Cl Y

     27,618       354  

Total Equity Funds
(Cost $3,084) ($ Thousands)

       3,707  

Multi-Asset Funds — 20.1%

 

  

SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y

     120,016       1,181  

Total Multi-Asset Funds
(Cost $1,168) ($ Thousands)

       1,181  

Fixed Income Funds — 17.0%

 

  

SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y

     33,591       352  

SEI Institutional Managed Trust High Yield Bond Fund, Cl Y

     49,889       352  

SEI Institutional Managed Trust U.S. Fixed Income Fund, Cl Y

     29,539       295  

Total Fixed Income Funds
(Cost $964) ($ Thousands)

       999  

Total Investments in Securities— 100.2%
(Cost $5,216) ($ Thousands)

     $ 5,887  
         
 

 

 

SEI Insurance Products Trust / Quarterly Report / March 31, 2018

      1  

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Market Plus Strategy Fund (Concluded)

 

Percentages are based on Net Assets of $5,873 ($ Thousands).

Cl — Class

As of March 31, 2018, all of the Fund’s investments were considered level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

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

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

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

 

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

 

Security Description   Value
12/31/2017		    

Purchases at

Cost

    

Proceeds

from Sales

    

Realized

Gain (Loss)

    

Change in Unrealized

Appreciation

(Depreciation)

    

Value

3/31/2018

    

Dividend

Income

SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y

     $ 390         $ 25         $ (11)         $ 1         $ 5         $ 410         $ —    

SEI Institutional International Trust International Equity Fund, Cl Y

     1,161         97         (8)         —         (15)         1,235         —    

SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y

     438         44         (1)         —         (9)         472         —    

SEI Institutional Managed Trust Large Cap Fund, Cl Y

     1,153         107         (20)         —         (4)         1,236         —    

SEI Institutional Managed Trust Small Cap Fund, Cl Y

     329         32         (6)         —         (1)         354         —    

SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y

     1,102         105         (5)         —         (21)         1,181         —    

SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y

     331         18         (3)         —         6         352         —    

SEI Institutional Managed Trust High Yield Bond Fund, Cl Y

     332         27         (1)         —         (6)         352         4    

SEI Institutional Managed Trust U.S. Fixed Income Fund, Cl Y

     276         26         (1)         —         (6)         295         2    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     $ 5,512         $ 481         $ (56)         $ 1         $ (51)         $ 5,887         $ 6    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

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

 

 

2

    SEI Insurance Products Trust / Quarterly Report / March 31, 2018

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Balanced Strategy Fund

 

     
Description   Shares    

Market Value

  ($ Thousands)

  

AFFILIATED INVESTMENT FUNDS — 100.3%

 

  

Fixed Income Funds — 35.4%

 

  

SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y

     49,827     $ 522  

SEI Institutional Managed Trust High Yield Bond Fund, Cl Y

     73,591       519  

SEI Institutional Managed Trust U.S. Fixed Income Fund, Cl Y

     261,868       2,611  

Total Fixed Income Funds
(Cost $3,661) ($ Thousands)

       3,652  

Multi-Asset Funds — 33.3%

 

  

SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y

     211,257       2,079  

SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y

     48,546       517  

SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y

     99,581       834  

Total Multi-Asset Funds
(Cost $3,451) ($ Thousands)

       3,430  

Equity Funds — 31.6%

 

  

SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y

     23,186       304  

SEI Institutional International Trust International Equity Fund, Cl Y

     89,507       1,029  

SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y

     41,362       508  

SEI Institutional Managed Trust Large Cap Fund, Cl Y

     75,560       1,109  

SEI Institutional Managed Trust Small Cap Fund, Cl Y

     23,589       302  

Total Equity Funds
(Cost $2,735) ($ Thousands)

       3,252  

Total Investments in Securities— 100.3%
(Cost $9,847) ($ Thousands)

     $ 10,334  
         
 

 

 

SEI Insurance Products Trust / Quarterly Report / March 31, 2018

      1  

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Balanced Strategy Fund (Concluded)

 

Percentages are based on Net Assets of $10,308 ($ Thousands).

Cl — Class

As of March 31, 2018, all of the Fund’s investments were considered level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

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

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

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

 

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

 

Security Description  

Value

12/31/2017

    

Purchases at

Cost

    

Proceeds

from Sales

    

Realized Gain

(Loss)

    

Change in Unrealized

Appreciation

(Depreciation)

    

Value

3/31/2018

    

Dividend

Income

SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y

     $ 510         $ 22         $ (20)         $ —         $ 10         $ 522         $ —    

SEI Institutional Managed Trust High Yield Bond Fund, Cl Y

     511         35         (18)         —         (9)         519         7    

SEI Institutional Managed Trust U.S. Fixed Income Fund, Cl Y

     2,553         214         (103)         (5)         (48)         2,611         15    

SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y

     2,056         104         (43)         (2)         (36)         2,079         —    

SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y

     509         33         (17)         —         (8)         517         3    

SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y

     820         48         (26)         (2)         (6)         834         —    

SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y

     311         19         (32)         2         4         304         —    

SEI Institutional International Trust International Equity Fund, Cl Y

     1,028         63         (51)         2         (13)         1,029         —    

SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y

     507         31         (21)         1         (10)         508         —    

SEI Institutional Managed Trust Large Cap Fund, Cl Y

     1,118         71         (78)         5         (7)         1,109         —    

SEI Institutional Managed Trust Small Cap Fund, Cl Y

     305         20         (22)         —         (1)         302         —    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     $ 10,228         $ 660         $ (431)         $ 1         $ (124)         $ 10,334         $ 25    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

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

 

 

2

    SEI Insurance Products Trust / Quarterly Report / March 31, 2018

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Market Growth Strategy Fund

 

     
Description   Shares    

Market Value

  ($ Thousands)

  

AFFILIATED INVESTMENT FUNDS — 100.3%

 

  

Equity Funds — 43.5%

 

  

SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y

     39,459     $ 517  

SEI Institutional International Trust International Equity Fund, Cl Y

     171,034       1,965  

SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y

     63,114       776  

SEI Institutional Managed Trust Large Cap Fund, Cl Y

     140,174       2,056  

SEI Institutional Managed Trust Small Cap Fund, Cl Y

     30,244       388  

Total Equity Funds
(Cost $4,713) ($ Thousands)

       5,702  

Multi-Asset Funds — 32.4%

 

  

SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y

     269,647       2,653  

SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y

     49,728       529  

SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y

     127,276       1,067  

Total Multi-Asset Funds
(Cost $4,306) ($ Thousands)

       4,249  

Fixed Income Funds — 24.4%

 

  

SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y

     63,610       667  

SEI Institutional Managed Trust High Yield Bond Fund, Cl Y

     94,151       664  

SEI Institutional Managed Trust U.S. Fixed Income Fund, Cl Y

     187,518       1,870  

Total Fixed Income Funds
(Cost $3,189) ($ Thousands)

       3,201  

Total Investments in Securities— 100.3%
(Cost $12,208) ($ Thousands)

     $ 13,152  
         
 

 

 

SEI Insurance Products Trust / Quarterly Report / March 31, 2018

      1  

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2018

VP Market Growth Strategy Fund (Concluded)

 

Percentages are based on Net Assets of $13,119 ($ Thousands).

Cl — Class

As of March 31, 2018, all of the Fund’s investments were considered level 1, in accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

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

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

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

 

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

 

                                 Change in Unrealized              
    Value     Purchases at     Proceeds     Realized Gain     Appreciation     Value     Dividend
Security Description   12/31/2017     Cost     from Sales     (Loss)     (Depreciation)     3/31/2018     Income

SEI Institutional International Trust Emerging Markets Equity Fund, Cl Y

     $ 541         $ —         $ (32)         $ 5         $ 3         $ 517         $ —    

SEI Institutional International Trust International Equity Fund, Cl Y

     2,019         6         (35)         1         (26)         1,965         —    

SEI Institutional Managed Trust Dynamic Asset Allocation Fund, Cl Y

     802         3         (15)         —         (14)         776         —    

SEI Institutional Managed Trust Large Cap Fund, Cl Y

     2,162         —         (99)         6         (13)         2,056         —    

SEI Institutional Managed Trust Small Cap Fund, Cl Y

     401         2         (13)         1         (3)         388         —    

SEI Institutional Managed Trust Multi-Asset Accumulation Fund, Cl Y

     2,681         48         (8)         —         (68)         2,653         —    

SEI Institutional Managed Trust Multi-Asset Income Fund, Cl Y

     533         12         (26)         (1)         11         529         1    

SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund, Cl Y

     1,069         19         (11)         (1)         (9)         1,067         —    

SEI Institutional International Trust Emerging Markets Debt Fund, Cl Y

     671         2         (19)         —         13         667         —    

SEI Institutional Managed Trust High Yield Bond Fund, Cl Y

     669         18         (11)         —         (12)         664         3    

SEI Institutional Managed Trust U.S. Fixed Income Fund, Cl Y

     1,870         58         (19)         (1)         (38)         1,870         4    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     $ 13,418         $ 168         $ (288)         $ 10         $ (156)         $ 13,152         $ 8    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

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

 

 

2

    SEI Insurance Products Trust / Quarterly Report / March 31, 2018

Item 2. Controls and Procedures

(a) The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Act (17 CFR 270.30a-3(c))) as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the Act (17 CFR 270.30a3(b)) and Rule 13a-15(b) or 15d-15(b) under the Exchange Act (17 CFR 240.13a-15(b) or 240.15d15(b)).

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

 

Item 3. Exhibits.

(a) A separate certification for 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.

SIGNATURES

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

 

      SEI Insurance Products Trust
By      

/s/ Robert A. Nesher

      Robert A. Nesher
      President & CEO

Date: May 25, 2018

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By      

/s/ Robert A. Nesher

      Robert A. Nesher
      President & CEO

Date: May 25, 2018

 

By      

/s/ James J. Hoffmayer

      James J. Hoffmayer
      Controller & CFO

Date: May 25, 2018