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SCPAX SEI Large Cap Disciplined Eq A (SIIT)

  • Fund
  • SCPAX
  • Price as of: Jan 18, 2019
  • $10.10
  • + $0.13
  • + 1.30%
  • Category
  • Large Cap Blend Equities

SCPAX - Profile

Vitals

  • YTD Return 6.8%
  • 3 Yr Annualized Return 7.4%
  • 5 Yr Annualized Return 7.5%
  • Net Assets $2.19 B
  • Holdings in Top 10 17.3%

52 WEEK LOW AND HIGH

$10.10
$9.00
$14.60

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.47%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 134.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

N/A

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 6.8%
  • 3 Yr Annualized Total Return 7.4%
  • 5 Yr Annualized Total Return 7.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.71%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name SEI Institutional Investments Trust Large Cap Disciplined Equity Fund
  • Fund Family Name SEI
  • Inception Date Aug 28, 2003
  • Shares Outstanding 232007006
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Peter Xu

Fund Description

Under normal circumstances, the Large Cap Disciplined Equity Fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of large companies. These securities may include common stocks, preferred stocks, depositary receipts, warrants, ETFs based on a large capitalization equity index and equity securities of foreign companies.

SCPAX - Performance

Return Ranking - Trailing

Period SCPAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.8% -92.6% 20.5% 36.10% 2
1 Yr -6.9% -51.7% 28.0% 61.73% 4
3 Yr 7.4% * -23.6% 16.5% 50.36% 3
5 Yr 7.5% * -12.1% 15.4% 38.79% 2
10 Yr 12.5% * 1.4% 18.8% 26.73% 2

* Annualized


Return Ranking - Calendar

Period SCPAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -29.5% -68.6% 409.0% 89.00% 5
2017 4.4% -41.8% 41.6% 70.46% 4
2016 5.2% -51.7% 186.3% 49.24% 3
2015 -11.6% -46.9% 42.8% 75.06% 5
2014 -2.0% -31.3% 35.7% 76.95% 5

Total Return Ranking - Trailing

Period SCPAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.8% -100.0% 20.5% 36.04% 2
1 Yr -6.9% -52.5% 142.7% 54.88% 3
3 Yr 7.4% * -23.6% 57.6% 45.62% 3
5 Yr 7.5% * -12.1% 15.4% 35.65% 2
10 Yr 12.5% * 1.4% 18.8% 24.72% 2

* Annualized


Total Return Ranking - Calendar

Period SCPAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -29.5% -68.6% 409.0% 89.43% 5
2017 4.4% -32.8% 42.3% 72.73% 4
2016 6.1% -27.9% 190.6% 51.27% 3
2015 2.6% -40.3% 1119.1% 23.50% 2
2014 -0.4% -37.8% 115.3% 94.11% 5

NAV & Total Return History

SCPAX - Holdings

Filings data as of: Dec 31, 2018

Concentration Analysis

SCPAX Category Low Category High SCPAX % Rank Quintile
Net Assets 2.19 B 9.87 K 726 B 8.83% 2
Number of Holdings 353 1 3780 6.70% 2
Net Assets in Top 10 392 M -639 M 117 B 12.90% 2
Weighting of Top 10 17.3% 2.2% 375.3% 34.08% 5

Top 10 Holdings

  1. Apple Inc 1.69%
  2. Microsoft Corp 3.40%
  3. UnitedHealth Group Inc 1.44%
  4. JPMorgan Chase & Co 1.31%
  5. Amazon.com Inc 1.51%
  6. Merck & Co Inc 1.41%
  7. Alphabet Inc A 1.15%
  8. S&P 500 Mar19 2.86%
  9. Chevron Corp 1.31%
  10. Johnson & Johnson 1.26%

Asset Allocation

Weighting Category Low Category High SCPAX % Rank Quintile
Stocks
97.00% -9.22% 192.29% 15.36% 4
Cash
5.07% -172.04% 132.07% 6.77% 1
Preferred Stocks
0.00% 0.00% 88.99% 3.60% 2
Convertible Bonds
0.00% 0.00% 4.63% 2.52% 2
Bonds
0.00% -94.35% 169.09% 7.54% 2
Other
-2.06% -81.75% 100.00% 10.01% 5

Stock Sector Breakdown

Weighting Category Low Category High SCPAX % Rank Quintile
Technology
20.30% -10.25% 60.26% 13.57% 3
Healthcare
18.70% 0.00% 33.17% 3.25% 1
Financial Services
12.06% -5.32% 48.58% 25.27% 5
Industrials
11.20% 0.00% 48.40% 11.41% 2
Consumer Cyclical
10.43% -7.80% 52.21% 19.71% 4
Consumer Defense
7.69% 0.00% 59.58% 12.71% 2
Energy
6.35% -3.37% 100.00% 10.76% 2
Communication Services
2.81% -0.78% 17.25% 13.72% 3
Real Estate
2.77% -0.23% 17.83% 8.59% 2
Basic Materials
2.52% -1.28% 36.20% 14.37% 3
Utilities
1.91% -1.65% 32.10% 14.95% 3

Stock Geographic Breakdown

Weighting Category Low Category High SCPAX % Rank Quintile
US
96.15% -11.35% 127.80% 12.68% 3
Non US
0.85% -1.33% 93.70% 22.26% 4

SCPAX - Expenses

Operational Fees

SCPAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.47% 0.00% 303.36% 19.49% 1
Management Fee 0.40% 0.00% 2.25% 4.81% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.05% 0.00% 0.85% 5.00% 1

Sales Fees

SCPAX Fees (% of AUM) Category Low Category High SCPAX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.00% 5.00% N/A N/A

Trading Fees

SCPAX Fees (% of AUM) Category Low Category High SCPAX Rank Quintile
Max Redemption Fee N/A 0.15% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SCPAX Fees (% of AUM) Category Low Category High SCPAX Rank Quintile
Turnover 134.00% 0.00% 1754.00% 4.07% 5

SCPAX - Distributions

Dividend Yield Analysis

SCPAX Category Low Category High SCPAX % Rank Quintile
Dividend Yield 0.1% 0.00% 15.04% 64.87% 4

Dividend Distribution Analysis

SCPAX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

SCPAX Category Low Category High SCPAX % Rank Quintile
Net Income Ratio 1.71% -1.94% 3.95% 5.85% 1

Capital Gain Distribution Analysis

SCPAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

SCPAX - Managers

Peter Xu

Manager

Start Date

Dec 31, 2003

Tenure

15.01

Tenure Rank

2.2%

Peter Xu, PhD, is a Managing Director and Co-Head of QMA’s Quantitative Equity team and Head of US Core, Long Short and Market Neutral strategies. In this capacity, he conducts research on higher alpha and alternative strategies. For over 20 years, Peter has played a critical role in the evolution of QMA's quantitative models and investment process. He has published articles in a number of journals, including The Financial Analysts Journal, The Journal of Portfolio Management, The Journal of Asset Management, The Journal of Investing and Review of Quantitative Finance and Accounting. Peter earned a BS in Nuclear Physics from Fudan University in Shanghai, an MA in Economics from Rice University and a PhD in Finance from the University of Houston.


Devang Gambhirwala

Manager

Start Date

Aug 28, 2003

Tenure

15.35

Tenure Rank

2.1%

Devang Gambhirwala is a Principal and Portfolio Manager for QMA working within the Quantitative Equity team. In this capacity, he is responsible for managing US Core, Long Short and Market Neutral strategies. He is also responsible for the management of structured products. Prior to joining QMA, Devang worked as a Quantitative Research Analyst and Assistant Portfolio Manager for PGIM. He earned a BS in Computer and Information Sciences from the New Jersey Institute of Technology and an MBA from Rutgers University.


Stephen C. Dolce

Manager

Start Date

Sep 30, 2016

Tenure

2.25

Tenure Rank

12.9%

Steven C. Dolce, CFA, serves as Portfolio Manager at SEI Investments Management Corporation. Prior to joining SEI, Mr. Dolce was Partner, Portfolio Manager, Analyst and Investment Committee Member at Philadelphia International Advisors LP (PIA). Previously, Mr. Dolce was a Sector Portfolio Manager and Senior Analyst at DuPont Capital Management (DCM). Mr. Dolce also served as a Global Equity and Derivatives Trader at Grantham, Mayo & Van Otterloo & Co. LLC (GMO) in Boston. Mr. Dolce received his Bachelor of Science from Boston College, Carroll School of Management with a concentration in economics. Mr. Dolce received a Master of Finance from Northeastern University. Mr. Dolce is a CFA charterholder, a member of AIMR, the Philadelphia Financial Analysts and an industry mentor to the University of Delaware CFA Research Challenge students.


David L. Hintz

Manager

Start Date

Sep 30, 2017

Tenure

1.25

Tenure Rank

14.1%

Mr. Hintz is responsible for the management of the portfolios, capital market research, ongoing evaluation and allocation of equity managers and capital for the SEI funds. Prior to joining SEI, Mr. Hintz worked at Russell Investments as a Portfolio Manager and previously as the Head of US Equity Research and a Research Analyst. Mr. Hintz received his Bachelor of Science from Walla Walla University and his M.B.A. from Pacific Lutheran University. Mr. Hintz is a CFA charter holder from the CFA Institute.


Ronen Israel

Manager

Start Date

Dec 19, 2017

Tenure

1.03

Tenure Rank

14.4%

Ronen joined AQR Capital Management in 1999 and is a Principal and lead portfolio manager of the DELTA strategy. Prior to joining AQR, Ronen was a Senior Analyst at Quantitative Financial Strategies, Inc., a quantitative investment management firm, specializing in currencies and global macro strategies, with $2.5 billion under management. Before that, he worked as a management consultant, specializing in building out financial systems for financial services firms. Ronen received an MA in Mathematics, specializing in mathematical finance, from Columbia University, a BS in Economics from The Wharton School at the University of Pennsylvania and a BAS in Biomedical Science from the School of Engineering and Applied Science at the University of Pennsylvania.


Jacques A. Friedman

Manager

Start Date

Dec 19, 2017

Tenure

1.03

Tenure Rank

14.4%

Jacques is the head of AQR’s Global Stock Selection team and is involved in all aspects of research, portfolio management and strategy development for the firm’s equity products and strategies. Prior to AQR, he developed quantitative stock-selection strategies for the Asset Management Division of Goldman, Sachs & Co. Jacques earned a B.S. in applied mathematics from Brown University and an M.S. in applied mathematics from the University of Washington. Before joining Goldman, he was pursuing a Ph.D. in applied mathematics at Washington.


Andrea Frazzini

Manager

Start Date

Dec 19, 2017

Tenure

1.03

Tenure Rank

14.4%

Andrea is a Principal on AQR’s Global Stock Selection team, focusing on research and portfolio management of the Firm’s Long/Short and Long-Only equity strategies. He is also an Adjunct Professor of Finance at New York University’s Stern School of Business. He has published in top academic journals and won several awards for his research, including the Smith Breeden Award, the Fama-DFA award, the BGI best paper award, several Bernstein Fabozzi/Jacobs Levy Awards, and the PanAgora Crowell Memorial Prize. Prior to AQR in 2008, Andrea was an associate professor of finance at the University of Chicago’s Graduate School of Business and a Research Associate at the National Bureau of Economic Research. He also served as a consultant for DKR Capital Partners and J.P. Morgan Securities and on the board of directors of the Center for Research in Security Prices at the University of Chicago. He earned a B.S. in economics from the University of Roma Tre, an M.S. in economics from the London School of Economics and a Ph.D. in economics from Yale University.


Michele L. Aghassi

Manager

Start Date

Dec 19, 2017

Tenure

1.03

Tenure Rank

14.4%

Michele Aghassi is a Principal at AQR Capital Management, where she serves as a portfolio manager for the firm's equity strategies. Throughout her tenure at AQR, she has been a leader in research and strategy development, contributing to the advancement of the stock selection investment process. She played a key role in launching the firm’s emerging equities strategy in 2008 and developed the proprietary robust optimization technology that AQR uses to build portfolios. In addition to her responsibilities at AQR, she serves on the Editorial Advisory Board of The Journal of Portfolio Management. Earlier in her career, Michele worked as a quantitative analyst in the proprietary equities department of D.E. Shaw & Co. Michele graduated magna cum laude from Brown University with a B.Sc. in applied mathematics and subsequently earned a Ph.D. in operations research from the Massachusetts Institute of Technology, where she was a National Science Foundation Graduate Research Fellow and an MIT Presidential Graduate Fellow.


Gina Marie N. Moore

Manager

Start Date

Apr 19, 2018

Tenure

0.7

Tenure Rank

14.7%

Gina Marie N. Moore, CFA, joined AJO in 1998. She began her career as a licensed CPA at PriceWaterhouse and then joined Scott Paper as a pension analyst. She became involved in institutional investment management, first at Brandywine Asset Management and then at Glenmede Trust. She is a CFA charterholder and served on the board of the CFA Society of Philadelphia. Gina is involved with portfolio management, research, client service, and marketing.


Stefani Cranston

Manager

Start Date

Apr 19, 2018

Tenure

0.7

Tenure Rank

14.7%

Stefani Cranston, CFA, CPA, was a senior accountant at Deloitte & Touche before joining AJO in 1991. At Deloitte, she audited a number of financial institutions, including our firm. A CFA charterholder and a licensed CPA, Stefani is involved with financial accounting, performance measurement, portfolio management, and research.


Christopher J. W. Whitehead

Manager

Start Date

Apr 19, 2018

Tenure

0.7

Tenure Rank

14.7%

Christopher J. W. Whitehead, CFA, Principal, has been a Portfolio Manager and Research Analyst with AJO since 2004.


Gregory J. Rogers

Manager

Start Date

Apr 19, 2018

Tenure

0.7

Tenure Rank

14.7%

Gregory J. Rogers, CFA, Principal, portfolio manager at AJO since 2017. Mr. Rogers has been a trader and a portfolio manager with AJO since 1993. Mr. Rogers is a registered principal and associated person with the National Futures Association. Prior to joining AJO in 1993. A CFA charterholder, his experience includes trading and computer systems. Greg is involved with portfolio management, trading, and research. Gregory J. Rogers (BS, Wharton; BS, Pennsylvania) began his career at First Boston


Theodore R. Aronson

Manager

Start Date

Apr 19, 2018

Tenure

0.7

Tenure Rank

14.7%

Theodore R. Aronson, CFA, CIC, founded AJO in 1984. While still a graduate student, Ted joined Drexel Burnham Investment Advisors, where he helped found its Quantitative Equities Group. This group managed the Revere Fund, the first active SEC-registered fund to employ MPT. Prior to forming AJO, he founded Addison Capital. Ted was chair of the CFA Institute (formerly AIMR) and is both a CFA charterholder and a Chartered Investment Counselor. He is a trustee of Spelman College and chair of its investment committee. He was a Lecturer in Finance at The Wharton School. Ted is involved with portfolio management, administration, client service, and marketing.


Mills Riddick

Manager

Start Date

Apr 19, 2018

Tenure

0.7

Tenure Rank

14.7%

Mills Riddick currently serves as Chief Investment Officer of Ceredex and as a Vice President of Ceredex Value Advisors LLC. He has worked in investment management since 1982. After earning his Chartered Financial Analyst designation, he began working for Trusco Capital Management, Ceredex’s predecessor firm, in 1989. In 1995 he was appointed head of the firm’s Value Equity Team. Since that time, he has the Value Equity investment team and has led Ceredex’s transition from an investment boutique to an independent firm.


Ruairi G. O'Neill

Manager

Start Date

Dec 20, 2018

Tenure

0.03

Tenure Rank

15.6%

Ruairi joined Coho Partners, Ltd. in 2014 to focus on research and portfolio management. In addition to his portfolio management and research responsibilities, Ruairi is a member of the Investment Committee and a partner of the firm. He has 23 years of experience in the financial industry. Prior to joining Coho, Ruairi was the lead Portfolio Manager on the PNC Large Cap Dividend Focus strategy as well as a Senior Portfolio Manager on the PNC Core, Value and Growth strategies. While at PNC, Ruairi rose to the position of Senior Vice President.


Chris R. Leonard

Manager

Start Date

Dec 20, 2018

Tenure

0.03

Tenure Rank

15.6%

Chris joined Coho Partners, Ltd. in 2012 to focus on company research and portfolio management. In addition to these responsibilities, Chris is a member of the Investment Committee and a partner of the firm. He has 21 years of experience in the financial industry. Prior to joining Coho, Chris was Vice President at Santa Barbara Asset Management, an affiliate of Nuveen Investments. While at Santa Barbara, Chris was responsible for coverage of the healthcare and consumer staples sectors and served as lead portfolio manager of the firm's mid-cap growth portfolio. Chris previously worked at T. Rowe Price and Chesapeake Partners as an analyst evaluating securities in multiple sectors. He began his investment career at Paine Webber as a research associate covering the biotechnology sector. Chris graduated with distinction from the University of Virginia receiving a Bachelor of Science degree in Commerce with a concentration in Finance. He earned the right to use the Chartered Financial Analyst designation.


Peter A. Thompson

Manager

Start Date

Dec 20, 2018

Tenure

0.03

Tenure Rank

15.6%

Peter founded Coho Partners in 1999. He is the chief investment officer of the firm and is responsible for maintaining the firm's investment philosophy and process. In addition to his portfolio management and company research responsibilities, he is a partner of the firm and a member of the Investment Committee and Board of Directors. Peter has 35 years of experience in the financial industry. Prior to forming Coho Partners, Peter spent 10 years with the investment-counseling firm of Cooke & Bieler, where here he had a wide range of research and portfolio responsibilities. In addition to managing stand-alone portfolios, he played an integral role in the development of three of the firm's mutual funds for which he was also the portfolio manager. Peter began his investment career with Kidder, Peabody & Company where he was involved in research and ultimately promoted to a position of oversight on the firm's Stock Selection and Investment Policy Committees. Peter graduated from Princeton University with a Bachelor of Arts Degree in Economics. He received his MBA from the University of Virginia's Colgate Darden School of Business Administration. Peter serves as a board member on the Gesu School investment committee and as the Treasurer of the First Hospital Foundation.


Brian L. Kramp

Manager

Start Date

Dec 20, 2018

Tenure

0.03

Tenure Rank

15.6%

Brian joined Coho Partners, Ltd. in 2006. He is primarily focused on company research and portfolio management. He serves as the chairperson of the firm’s weekly Investment Committee meeting and manages the quantitative screening process which helps define the Coho 250. In addition to these responsibilities, Brian is a member of the Board of Directors and a partner of the firm. He has 34 years of experience in the financial industry. Before joining Coho, Brian was employed by Morgan Stanley / Miller, Anderson & Sherrerd as a research analyst/portfolio manager. He rose to the position of executive director and held significant responsibility for portfolio management, equity research and client service on the large cap core and value equity teams. Prior to this, Brian was an analyst/portfolio manager for Meridian Investment Company, where he managed or co-managed several equity funds along with enjoying client service responsibilities. Brian's initial position with Meridian Bank was in their asset management unit as a personal trust investment officer focusing on managing individual and institutional accounts. He began his investment career as a financial advisor for a regional brokerage firm in Allentown, PA. Brian graduated from Muhlenberg College with a Bachelor of Arts Degree in Business Administration and Accounting. He earned the right to use the Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.0

Category High

83.1

Category Average

6.63

Category Mode

4.0