Schedule of investments
Macquarie Institutional Portfolios — Macquarie Emerging Markets Portfolio II
July 31, 2021 (Unaudited)
Number of shares | Value (US $) | ||
Common Stock – 99.56%Δ | |||
Argentina − 0.08% | |||
IRSA Inversiones y Representaciones ADR † | 3,493 | $ 15,717 | |
IRSA Propiedades Comerciales ADR | 580 | 1,438 | |
17,155 | |||
Bahrain − 0.03% | |||
Aluminium Bahrain GDR 144A #, † | 691 | 6,076 | |
6,076 | |||
Brazil − 5.54% | |||
Americanas † | 42,195 | 401,271 | |
Banco Bradesco ADR | 28,682 | 133,945 | |
Banco Santander Brasil ADR | 10,741 | 83,350 | |
BRF ADR † | 20,063 | 97,907 | |
Itau Unibanco Holding ADR | 26,165 | 150,972 | |
Petroleo Brasileiro ADR | 12,122 | 129,342 | |
Rumo † | 1,573 | 6,216 | |
Telefonica Brasil ADR | 8,845 | 70,583 | |
TIM ADR | 6,138 | 66,904 | |
Vale ADR | 4,239 | 89,104 | |
1,229,594 | |||
Chile − 0.45% | |||
Sociedad Quimica y Minera de Chile ADR | 2,110 | 100,225 | |
100,225 | |||
China − 27.81% | |||
Alibaba Group Holding † | 4,500 | 109,903 | |
Alibaba Group Holding ADR † | 4,590 | 895,922 | |
Anhui Conch Cement Class H | 19,500 | 93,267 | |
Baidu ADR † | 1,785 | 292,758 | |
BeiGene † | 3,600 | 85,034 | |
China Petroleum & Chemical Class H | 32,000 | 14,633 | |
China Petroleum & Chemical ADR | 1,715 | 78,410 | |
DiDi Global ADR † | 2,500 | 25,775 | |
iQIYI ADR † | 1,615 | 18,024 | |
JD.com ADR † | 14,577 | 1,033,218 | |
JHBP CY Holdings 144A #, † | 12,500 | 21,430 | |
Joinn Laboratories China Class H 144A # | 280 | 4,686 | |
Kunlun Energy | 68,000 | 58,789 | |
Kweichow Moutai Class A | 2,500 | 651,149 | |
Luzhou Laojiao Class A | 4,200 | 111,737 | |
Ping An Insurance Group Co. of China Class H | 23,000 | 201,270 |
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
China (continued) | |||
Prosus † | 998 | $ 89,040 | |
Sohu.com ADR † | 6,444 | 128,042 | |
Tencent Holdings | 18,200 | 1,097,608 | |
Tencent Music Entertainment Group ADR † | 4 | 42 | |
Tianjin Development Holdings | 62,000 | 12,500 | |
Tingyi Cayman Islands Holding | 58,000 | 104,569 | |
Trip.com Group ADR † | 4,911 | 127,342 | |
Tsingtao Brewery Class H | 24,000 | 189,690 | |
Uni-President China Holdings | 107,000 | 107,584 | |
Weibo ADR † | 1,715 | 96,726 | |
Wuliangye Yibin Class A | 15,000 | 514,749 | |
Zhihu ADR † | 500 | 4,615 | |
6,168,512 | |||
India − 12.25% | |||
HCL Technologies | 21,000 | 289,575 | |
HDFC Bank | 12,000 | 230,930 | |
Reliance Industries GDR 144A # | 30,737 | 1,699,756 | |
Tata Chemicals | 11,058 | 113,703 | |
Tata Consultancy Services | 6,000 | 255,802 | |
Tata Consumer Products | 12,607 | 128,259 | |
2,718,025 | |||
Indonesia − 1.80% | |||
Astra International | 225,400 | 73,596 | |
Bank Central Asia | 157,200 | 324,517 | |
398,113 | |||
Malaysia − 0.05% | |||
UEM Sunrise † | 118,400 | 10,802 | |
10,802 | |||
Mexico − 3.90% | |||
America Movil ADR Class L | 5,291 | 88,095 | |
Banco Santander Mexico ADR | 22,863 | 133,977 | |
Becle † | 49,866 | 124,200 | |
Coca-Cola Femsa ADR | 3,722 | 210,553 | |
Grupo Financiero Banorte Class O | 10,549 | 68,245 | |
Grupo Televisa ADR | 17,723 | 240,147 | |
865,217 | |||
Peru − 0.31% | |||
Cia de Minas Buenaventura ADR † | 8,287 | 68,451 | |
�� 68,451 | |||
Republic of Korea − 20.59% | |||
Fila Holdings | 3,123 | 141,945 | |
LG Uplus | 6,905 | 87,445 | |
Samsung Electronics | 24,291 | 1,659,959 | |
SK Hynix | 13,489 | 1,320,524 |
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Schedule of investments
Macquarie Institutional Portfolios — Macquarie Emerging Markets Portfolio II (Unaudited)
Number of shares | Value (US $) | ||
Common StockΔ (continued) | |||
Republic of Korea (continued) | |||
SK Telecom | 1,780 | $ 466,243 | |
SK Telecom ADR | 30,689 | 892,129 | |
4,568,245 | |||
Russia − 5.94% | |||
Etalon Group GDR 144A # | 4,800 | 7,881 | |
Gazprom PJSC ADR | 44,140 | 343,519 | |
LUKOIL PJSC ADR (London International Exchange) | 2,022 | 173,257 | |
Mail.Ru Group GDR † | 2,072 | 42,872 | |
Rosneft Oil PJSC GDR | 44,435 | 326,928 | |
Sberbank of Russia PJSC = | 52,760 | 220,947 | |
Yandex Class A † | 2,962 | 201,209 | |
1,316,613 | |||
South Africa − 0.77% | |||
Naspers Class N | 883 | 170,402 | |
170,402 | |||
Taiwan − 17.79% | |||
Hon Hai Precision Industry | 107,564 | 425,063 | |
MediaTek | 38,000 | 1,242,518 | |
Taiwan Semiconductor Manufacturing | 64,000 | 1,337,568 | |
Taiwan Semiconductor Manufacturing ADR | 5,831 | 680,128 | |
United Microelectronics ADR | 24,806 | 261,207 | |
3,946,484 | |||
Turkey − 0.68% | |||
Akbank TAS | 100,106 | 62,529 | |
Anadolu Efes Biracilik Ve Malt Sanayii | 9,675 | 25,514 | |
D-MARKET Elektronik Hizmetler ve Ticaret ADR † | 500 | 6,585 | |
Turkcell Iletisim Hizmetleri ADR | 9,092 | 41,369 | |
Turkiye Sise ve Cam Fabrikalari † | 16,275 | 14,660 | |
150,657 | |||
United States − 1.57% | |||
Micron Technology † | 4,500 | 349,110 | |
349,110 | |||
Total Common Stock (cost $15,077,351) | 22,083,681 | ||
Preferred Stock – 0.08%Δ | |||
Russia − 0.08% | |||
Transneft PJSC 5.80% = | 8 | 17,795 | |
Total Preferred Stock (cost $20,914) | 17,795 | ||
Number of shares | Value (US $) | ||
Warrants – 0.00% | |||
Argentina − 0.00% | |||
IRSA Inversiones y Representaciones exercise price $0.24, expiration date 3/5/26 | 4,240 | $ 1,018 | |
Total Warrants (cost $0) | 1,018 | ||
Short-Term Investments – 0.41% | |||
Money Market Mutual Funds – 0.41% | |||
BlackRock FedFund – Institutional Shares (seven-day effective yield 0.03%) | 22,495 | 22,495 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 0.01%) | 22,495 | 22,495 | |
GS Financial Square Government Fund – Institutional Shares (seven-day effective yield 0.03%) | 22,495 | 22,495 | |
Morgan Stanley Government Portfolio – Institutional Share Class (seven-day effective yield 0.00%) | 22,495 | 22,495 | |
Total Short-Term Investments (cost $89,980) | 89,980 | ||
Total Value of Securities−100.05% (cost $15,188,245) | 22,192,474 | ||
Liabilities Net of Receivables and Other Assets — (0.05%) | (10,624) |
Net Assets Applicable to 1,751,131 Shares Outstanding — 100.00% | $22,181,850 |
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 July 31, 2021, the aggregate value of Rule 144A securities was $1,739,829, which represents 7.84% 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. |
2 NQ-DPT-596 [7/21] 9/21 (1845847)
(Unaudited)
The following foreign currency exchange contracts were outstanding at July 31, 2021:
Foreign Currency Exchange Contracts | ||||||||||
Counterparty | Currency to Receive (Deliver) | In Exchange For | Settlement Date | Unrealized Appreciation | ||||||
BNYM | TWD | (608,000) | USD | 21,756 | 8/2/21 | $5 |
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: |
TWD – Taiwan New Dollar |
USD – US Dollar |
NQ-DPT-596 [7/21] 9/21 (1845847) 3