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WSIB reports 2025 fourth‑quarter and annual results; CTF ends year with $187.6 billion AUM

Washington State Investment Board · February 19, 2026
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Summary

Staff reported the CTF returned 1.98% in Q4 2025 and 11.47% for the 12 months ending Dec. 31, 2025, noted AUM grew to $187.6 billion and reviewed asset‑class performance and macro outlook for 2026.

WSIB staff presented a quarterly performance update showing mixed relative results across asset classes for the fourth quarter and the calendar year.

Chris Hennick (presenting the fourth‑quarter performance) reported that the Consolidated Trust Fund (CTF) returned 1.98% in the fourth quarter of 2025, which trailed the passive benchmark (2.63%) and an implementation value‑added benchmark (3.68%). For the 12‑month period ending Dec. 31, 2025, the CTF returned 11.47% versus a passive…

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