Schedule of investments
Macquarie Institutional Portfolios — Macquarie Emerging Markets Portfolio II
January 31, 2021 (Unaudited)
Number of shares | Value (US $) | ||
Common Stock – 97.59%Δ | |||
Argentina − 0.06% | |||
IRSA Inversiones y Representaciones ADR † | 8,000 | $33,520 | |
IRSA Propiedades Comerciales ADR | 353 | 3,244 | |
36,764 | |||
Bahrain − 0.02% | |||
Aluminium Bahrain GDR 144A # | 1,800 | 11,936 | |
11,936 | |||
Brazil − 6.22% | |||
B2W Cia Digital † | 110,000 | 1,630,881 | |
Banco Bradesco ADR | 67,971 | 308,588 | |
Banco Santander Brasil ADR | 28,000 | 202,160 | |
BRF ADR † | 52,300 | 205,539 | |
Itau Unibanco Holding ADR | 68,207 | 356,041 | |
Petroleo Brasileiro ADR | 31,600 | 317,580 | |
Rumo † | 4,100 | 15,122 | |
Telefonica Brasil ADR | 23,055 | 190,434 | |
TIM ADR | 16,000 | 192,640 | |
Vale ADR | 23,300 | 376,295 | |
3,795,280 | |||
Chile − 0.46% | |||
Sociedad Quimica y Minera de Chile ADR | 5,500 | 280,170 | |
280,170 | |||
China − 35.21% | |||
Alibaba Group Holding ADR † | 10,400 | 2,639,832 | |
Baidu ADR † | 4,650 | 1,092,843 | |
BeiGene † | 9,300 | 225,810 | |
China Petroleum & Chemical Class H | 82,000 | 38,834 | |
China Petroleum & Chemical ADR | 4,470 | 211,967 | |
iQIYI ADR † | 4,208 | 91,945 | |
JD.com ADR † | 38,000 | 3,370,220 | |
JHBP CY Holdings 144A #, † | 32,000 | 82,603 | |
Kuaishou Technology 144A #, † | 7,000 | 103,828 | |
Kunlun Energy | 176,000 | 149,998 | |
Kweichow Moutai Class A | 6,500 | 2,124,281 | |
Luzhou Laojiao Class A | 11,000 | 437,583 | |
Microport Cardioflow Medtech 144A #, † | 160,000 | 251,765 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
China (continued) | |||
Ping An Insurance Group Co. of China Class H | 60,500 | $712,556 | |
Prosus † | 2,600 | 303,760 | |
SINA † | 16,300 | 681,666 | |
Sohu.com ADR † | 16,800 | 301,560 | |
Tencent Holdings | 47,500 | 4,232,407 | |
Tencent Music Entertainment Group ADR † | 11 | 293 | |
Tianjin Development Holdings | 164,000 | 34,141 | |
Tingyi Cayman Islands Holding | 270,000 | 536,501 | |
Trip.com Group ADR † | 12,800 | 407,424 | |
Tsingtao Brewery Class H | 94,000 | 906,508 | |
Uni-President China Holdings | 465,000 | 562,117 | |
Weibo ADR † | 4,470 | 203,743 | |
Wuliangye Yibin Class A | 39,200 | 1,760,801 | |
21,464,986 | |||
India − 7.37% | |||
Reliance Industries GDR 144A # | 80,126 | 4,051,313 | |
Tata Chemicals | 28,827 | 187,556 | |
Tata Consumer Products | 32,862 | 251,505 | |
4,490,374 | |||
Indonesia − 2.03% | |||
Astra International | 587,700 | 254,668 | |
Bank Central Asia | 409,700 | 985,382 | |
1,240,050 | |||
Malaysia − 0.05% | |||
UEM Sunrise † | 308,500 | 28,435 | |
28,435 | |||
Mexico − 2.73% | |||
America Movil ADR Class L | 13,793 | 182,206 | |
Banco Santander Mexico ADR † | 59,600 | 296,808 | |
Becle | 130,000 | 276,882 | |
Coca-Cola Femsa ADR | 9,700 | 422,338 | |
Grupo Financiero Banorte Class O † | 27,500 | 136,970 | |
Grupo Televisa ADR † | 46,200 | 346,962 | |
1,662,166 |
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Schedule of investments
Macquarie Institutional Portfolios — Macquarie Emerging Markets Portfolio II (Unaudited)
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Peru − 0.36% | |||
Cia de Minas Buenaventura ADR † | 21,600 | $219,888 | |
219,888 | |||
Republic of Korea − 19.54% | |||
Fila Holdings † | 8,140 | 310,503 | |
LG Uplus | 18,000 | 192,025 | |
Samsung Electronics | 63,322 | 4,629,283 | |
SK Hynix | 35,162 | 3,839,006 | |
SK Telecom | 4,639 | 1,011,715 | |
SK Telecom ADR | 80,000 | 1,932,800 | |
11,915,332 | |||
Russia − 4.95% | |||
Etalon Group GDR 144A # | 4,800 | 8,496 | |
Gazprom PJSC ADR | 115,071 | 639,670 | |
LUKOIL (London International Exchange) PJSC ADR | 5,269 | 372,911 | |
Mail.Ru Group GDR † | 5,400 | 140,676 | |
Rosneft Oil PJSC GDR | 115,838 | 714,831 | |
Sberbank of Russia PJSC = | 137,546 | 469,670 | |
X5 Retail Group GDR | 5,329 | 187,887 | |
Yandex Class A † | 7,720 | 483,581 | |
3,017,722 | |||
South Africa − 0.87% | |||
Naspers Class N | 2,300 | 532,057 | |
532,057 | |||
Taiwan − 16.93% | |||
Hon Hai Precision Industry | 280,564 | 1,115,833 | |
MediaTek | 98,000 | 3,060,900 | |
Taiwan Semiconductor Manufacturing | 167,000 | 3,529,277 | |
Taiwan Semiconductor Manufacturing ADR | 15,200 | 1,847,104 | |
United Microelectronics ADR | 85,000 | 769,250 | |
10,322,364 | |||
Turkey − 0.79% | |||
Akbank T.A.S. † | 260,968 | 225,825 | |
Anadolu Efes Biracilik Ve Malt Sanayii | 25,218 | 85,320 | |
Turkcell Iletisim Hizmetleri ADR | 23,700 | 128,691 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Turkey (continued) | |||
Turkiye Sise ve Cam Fabrikalari | 42,425 | $41,790 | |
481,626 | |||
Total Common Stock (cost $35,097,251) | 59,499,150 | ||
Preferred Stock – 1.02%Δ | |||
Republic of Korea − 0.96% | |||
LG Electronics 1.55% | 8,325 | 584,972 | |
584,972 | |||
Russia − 0.06% | |||
Transneft PJSC 8.02%= | 20 | 37,949 | |
37,949 | |||
Total Preferred Stock (cost $195,463) | 622,921 | ||
Short-Term Investments – 1.49% | |||
Money Market Mutual Funds – 1.49% | |||
BlackRock FedFund – Institutional Shares (seven-day effective yield 0.01%) | 227,780 | 227,780 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 0.01%) | 227,780 | 227,780 | |
GS Financial Square Government Fund – Institutional Shares (seven-day effective yield 0.02%) | 227,780 | 227,780 |
2 NQ-DPT-596 [1/21] 3/21 (1552098)
(Unaudited)
Number of shares | Value (US $) | ||
Short-Term Investments (continued) | |||
Money Market Mutual Funds (continued) | |||
Morgan Stanley Government Portfolio – Institutional Share Class (seven-day effective yield 0.00%) | 227,779 | $227,779 | |
Total Short-Term Investments (cost $911,119) | 911,119 | ||
Total Value of Securities−100.10% (cost $36,203,833) | 61,033,190 | ||
Liabilities Net of Receivables and Other Assets — (0.10)% | (63,686) |
Net Assets Applicable to 4,605,506 Shares Outstanding — 100.00% | $60,969,504 |
Δ | Securities have been classified by country of origin. |
† | Non-income producing security. |
# | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At January 31, 2021, the aggregate value of Rule 144A securities was $4,509,941, which represents 7.40% of the Portfolio's net assets. |
= | The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security. |
The following foreign currency exchange contracts were outstanding at January 31, 2021:
Foreign Currency Exchange Contracts | ||||||||||
Counterparty | Currency to Receive (Deliver) | In Exchange For | Settlement Date | Unrealized Depreciation | ||||||
BNYM | HKD | 813,111 | USD | (104,886) | 2/5/21 | $(14) | ||||
BNYM | PLN | (2,129,919) | USD | 567,937 | 2/1/21 | (3,862) | ||||
Total Foreign Currency Exchange Contracts | $(3,876) |
The use of foreign currency exchange contracts involves elements of market risk and risks in excess of the amounts disclosed in the financial statements. The foreign currency exchange contract presented above represents the Portfolio’s total exposure in such contracts, whereas only the net unrealized appreciation (depreciation) is reflected in the Portfolio’s net assets.
Summary of abbreviations: |
ADR – American Depositary Receipt |
BNYM – Bank of New York Mellon |
GDR – Global Depositary Receipt |
GS – Goldman Sachs |
PJSC – Private Joint Stock Company |
Summary of currencies: |
HKD – Hong Kong Dollar |
PLN – Polish Zloty |
USD – US Dollar |
NQ-DPT-596 [1/21] 3/21 (1552098) 3