The California State Teachers Retirement System increased its holdings in MaxLinear, Inc. during the second quarter. The fund purchased an additional 12,515,493 shares. Its total ownership reached 12,619,533 shares.
This transaction increased the fund's stake by over 12,000%. It now owns 13.92% of the company. The stake was valued at approximately $1.62 billion at the time of the filing. The period saw a significant increase in institutional investment, with other hedge funds and advisors initiating or adding to their positions.