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Investment Portfolio Breakdown - $390.6B in Assets as of March 31, 2026

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Summary

CalSTRS reported total investment assets of $390.6 billion as of March 31, 2026. The portfolio includes Public Equity ($158.1B, 40.49%), Fixed Income ($50.3B, 12.88%), Real Estate ($49.4B, 12.64%), Private Equity ($57.3B, 14.68%), Risk Mitigation Strategies ($31.7B, 8.12%), Inflation Sensitive ($28.7B, 7.36%), Cash/Liquidity ($7.7B, 1.96%), and Collaborative Strategies ($7.0B, 1.78%). Actual allocations vary slightly from current targets across all asset classes.

Published by CalSTRS on calstrs.com . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

What changed

CalSTRS published its quarterly investment portfolio breakdown as of March 31, 2026, showing total assets of $390.6 billion. The largest allocation is Public Equity at 40.49% of the portfolio, followed by Private Equity (14.68%), Fixed Income (12.88%), and Real Estate (12.64%). Sustainable Investment & Stewardship Strategies total $2.9 billion across public and private investments.

This is a routine informational disclosure for stakeholders and does not create regulatory obligations. Public pension funds and institutional investors may use this data for benchmarking or monitoring trends in large-scale pension fund asset allocation strategies.

Archived snapshot

Apr 18, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.


CalSTRS is the largest educator-only pension fund in the world with assets totaling approximately $390.6 billion as of March 31, 2026​​.

Asset Net assetvalue(in millions) Actual Currenttarget Difference Range
Public Equity* 158,122 40.49% 39.00% 1.49% +/- 8%
Fixed Income 50,306 12.88% 13.00% -0.12% +/- 5%
Real Estate* 49,364 12.64% 15.00% -2.36% +/- 5%
Private Equity* 57,320 14.68% 14.00% 0.68% +/- 5%
RMS 31,728 8.12% 10.00% -1.88% +/- 5%
Inflation Sensitive 28,730 7.36% 7.00% 0.36% +/- 5%
Cash / Liquidity 7,670 1.96% 2.00% -0.04% 0 - 5%
CollaborativeStrategies* 6,971 1.78% 0.00% 1.78% 0 - 5%
Strategic Overlay 358 0.09% 0.00% 0.09%
Totalinvestment assets 390,569 100.00% 100.00%
  • Includes Sustainable Investment & Stewardship Strategies public and private investments total of $2,894 (in millions)

Listing of CalSTRS portfolio investment holdings. Securities are listed alphabetically and values may round to less than a thousand.

Measuring the performance of the Private Equity Portfolio and factors influencing the internal rate of return.

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Last updated

Classification

Agency
CalSTRS
Published
March 31st, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Government agencies Investors
Industry sector
5239 Asset Management
Activity scope
Investment portfolio management Asset allocation Pension fund reporting
Geographic scope
United States US

Taxonomy

Primary area
Financial Services
Operational domain
Finance
Topics
Securities Pensions & Retirement

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