CalSTRS is the nation's second largest public pension fund with assets totaling just over $160.2 billion as of July 31, 2008. The investment portfolio is broadly diversified into six asset categories.

CalSTRS investment philosophy:
Long-Term Patient Capital - Buying long-term net cash flows and capital gain potential at a reasonable price.

Portfolio

• Current Investment Portfolio – Asset Allocation
• Portfolio Holdings by Asset Category
• Private Equity Portfolio
• Quarterly Investment Reports
• Diversity, It's Just Good Business (informational brochure) (PDF - 328 KB)

Corporate Governance

CalSTRS has developed robust policies and standards for fair and open governance of corporations. As long-term owners and lenders to corporations around the world, the Fund's duty is to protect those assets through the pursuit of good governance and operational accountability.

• Overview
• Corporate Governance Program Policies (PDF - 142 KB)
• Statement of Investment Responsibility
• Investment Policy Regarding Geopolitical and Social Risks
• 2005/2006 Summary of Proxy Votes
• Proxy Vote Disclosures
• Perfect Stock Option Plan
• Public Company Accounting Oversight Board (PCAOB) Letters
• Responsible Contractor Policy (PDF - 22 KB)
• Securities and Exchange Commission Letters

Reports & Surveys

• Attitudes to Diversity in the Investment Management Industry (CalSTRS Survey)
  • 2006 Results (PDF - 264 KB)
  • 2005 Results (PDF - 100 KB)
• Access the 2006 EMFSP Report (External Link)
  Visitors interested in the report will need to complete a short electronic form that, once submitted electronically, will open up into the EMFSP Report.
• Carbon Disclosure Report 2006 (PDF - 1.1 MB)
• Diversity in the Management of Investments -
  Semi Annual Report 2007 (PDF - 259 KB)
• The Global Framework for Climate Risk Disclosure (PDF - 141 KB)
• Using the Global Framework for Climate Risk Disclosure (PDF - 573 KB)