Investments

CalSTRS is the nation’s second largest public pension fund with assets totaling approximately $351.5 billion as of September 30, 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 $351.5 billion as of September 30, 2024.

Sustainable investing

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

Person sitting at a laptop looking at charts

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.

Investment terms glossary

Website Accessibility Statement

CalSTRS (the "District") is committed to ensuring that its services are accessible to all members of the public. As part of this commitment, the District strives to provide an accessible website compatible with the Web Content Accessibility Guidelines (WCAG) version 2.1, AA, and commercial screen reading software. Features of the website are created to allow individuals with vision and other impairments to understand and use the website to the same degree as someone without disabilities.

If you need any special assistance or accommodations:

Contact our compliance support team via telephone at: (888) 765-1970

Ongoing Compliance Information

Compliance Coordinator

The District has designated a Compliance Coordinator for website disability-related accommodations. The Compliance Coordinator has received training in website accessibility and updates the site in accordance with those best practices and requirements.

Compliance Procedures

The District is working to ensure all website content complies with the Americans with Disabilities Act and controlling State laws. In an ongoing effort to continually improve and remediate accessibility issues, the website is regularly scanned to ensure ongoing compliance, and timely changes are made to any inaccessible content if found.

Accessible Documents Policy

The District is committed to providing all documents hosted on the website in an accessible format or making accessible alternatives available.

Linked Documents and Third Parties

Please note that this site may link out to third-party websites that do not have accessible content. This site may also include documents provided by third parties. While we cannot control the accessibility of content provided by third parties, we are happy to assist any member of the public with reading and accessing content on our site.

Report a Website Accessibility Issue

We are committed to your ability to access all content, and we will respond to all requests in a timely manner. If you need assistance or accommodations while accessing content on this website, please contact our Compliance Coordinator via the form below: