The California State Teachers Retirement System (CalSTRS) acquired a new stake in Solstice Advanced Materials. The pension fund purchased 16,318,880 shares during the second quarter. This transaction establishes a 10.27% ownership interest in the company.
The investment was revealed in a recent disclosure with the Securities and Exchange Commission. Other institutional firms, including The Manufacturers Life Insurance Company and Tidal Investments LLC, also recently established new positions in Solstice.