SEI TRUST CO

SEI Trust Company is a limited purpose savings association that is federally chartered. The company was founded in 2001 and is based out of Oaks, Pennsylvania. The company is a “leading global provider of asset management, investment processing and investment operations solutions for institutional and personal wealth management,” acting as a special purpose savings bank that provides a variety of personal trust and custodial services. SEI Trust Company currently acts as a subsidiary of SEI Investments Company, providing services alongside other subsidiaries such as SER Investments Distribution Company and SEI Investments Management Company. Its parent company SEI Investments provides a system of networks and resources for SEI Trust Company to utilize, including its SEI Wealth Platform, which provides a suite of services in a unified platform for various clients. Its various services and products include financial safekeeping, trade settlement, income distribution, reporting, cash processing, corporate action accounting, and others. SEI Trust Company has a current market value of over $10 billion. It invests most heavily in the services sector, which alone makes up almost a quarter of its total asset allocations, and also invests in the technology, which makes up another fifth of its total asset allocations, financial, health care, energy, consumer noncyclical, consumer cyclical, transportation, capital goods, and basic materials sectors, among others to a lesser degree, in order of amount allocated. SEI Trust Company’s highest holdings include Apple Inc., Visa Inc., Facebook Inc., MasterCard Inc., Google Inc. (Class A), Regeneron Pharmaceuticals, Baidu Inc., Allergan PLC, Union Pacific Corporation, and Google Inc. (Class C), with its top 10 holdings making up approximately 13% of its total holdings. The company’s market value has been increasing in recent years, and, although its valuation seems to have lost its momentum in the past year, it has increased significantly from its $8.1 market valuation back in 2013.