The California State Teachers Retirement System (CalSTRS) is a public pension fund that manages retirement benefits for teachers and other public school employees in California. As of the third quarter of 2021, CalSTRS had $6.63 million in stock holdings in Axalta Coating Systems Ltd. NYSEAXTA, which is a specialty chemicals company that produces coatings and paint products for various industries.
During the third quarter, CalSTRS sold 23,592 shares of Axalta Coating Systems' stock, resulting in a 8.7% reduction in its holdings. After the sale, CalSTRS owned 246,417 shares of the company's stock.
It is important to note that this information is based on publicly available reports and may not reflect the most up-to-date or accurate information. Additionally, it is important to remember that investment decisions made by pension funds like CalSTRS are complex and involve a variety of factors, including risk tolerance, investment goals, and market conditions.
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