Investments

CalSTRS is the nation’s second largest public pension fund with assets totaling approximately $346.5 billion as of October 31, 2024. The investment portfolio is broadly diversified into seven asset categories.

CalSTRS investment philosophy

Long-Term Patient Capital—buying long-term net cash flows and capital gain potential at a reasonable price.

Investment portfolio

CalSTRS is the largest educator-only pension fund in the world with assets totaling approximately $346.5 billion as of October 31, 2024.

Sustainable investing

CalSTRS advances sustainability practices that promote long-term value creation, responsible investment, and stewardship of our natural resources.

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Reports

CalSTRS periodically releases reports related to investments and other strategic plan goals.

Page one of the Investments beliefs document

Investment beliefs

These investment beliefs provide a foundational framework for all of CalSTRS’ investment decision-makers to invest in a manner that reflects CalSTRS’ unique view of the global investment markets and its vision for participating in these markets to accomplish its fiduciary goal.

Investment policies

To manage growth of assets in a prudent manner, it is necessary to establish a clear investment policy and a planning statement under which the Investment Branch will operate.

Three professionals in an office setting.

Inside CalSTRS Investments

Inside CalSTRS Investments is a series of short videos to help you understand how member contributions are invested to create a secure retirement for California’s educators.

Investment solicitations

CalSTRS is continuously searching for investment managers to manage a portfolio of publicly transacted securities in various sectors globally.

Required disclosure filings

Disclosure Form 600-H Campaign and Gift disclosure is required to provide CalSTRS with information about the parties we do business with and who provide us with services, except for subscriptions.

Responsible Contractor Bidding Opportunities

CalSTRS hosted website for contractors and labor organizations to find bidding opportunities posted by our business partners.

Supplementary investment information

Supplementary investment information includes asset allocation assumptions, performance benchmarks and additional investment information relevant to managing the CalSTRS total portfolio.

CalSTRS key personnel

List of board members and CalSTRS staff who may be involved with investment decisions.

CalSTRS investment philosophy

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