DFX Intelligence
Allocator Intelligence
The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.
Institutional manager
Wilshire
Advisory clients on the tape
33
Schedule C, ACFR
Public-system clients
2
ACFR and seeds
ADV institutional clients
94,479
filed Sep 2, 2026
ADV institutional RAUM
$11B
pension, government, charity, insurance, sovereign
ADV discretionary RAUM
$148B
Item 5.F
Classification basis: Form ADV 5.G(6) pension consulting; institutional RAUM share 0.07; discretionary RAUM $148B. An OCIO holds discretion over at least $5B of institutional assets; a consultant advises.
Advisory clients
33 allocators
- San Francisco City and County Employees Retirement System General consultantthrough Jun 30, 2025 ACFR
- Iowa Public Employees Retirement System (IPERS) General consultantthrough Jun 30, 2025 ACFR
- Knife River Corporation Salaried Employees' Pension Plan Investment adviser (plan)through Dec 31, 2024 Form 5500
- Hancock Whitney Corporation Pension Plan Investment adviser (plan)through Dec 31, 2024 Form 5500
- Employees' Retirement Plan of the National Education Association General consultantInvestment adviser (plan)through Dec 31, 2024 Form 5500
- Affinia Healthcare Pension Plan Investment adviser (plan)through Jun 30, 2024 Form 5500
- Superior Fibers, LLC Defined Benefit Plan & Trust Investment adviser (plan)through Dec 31, 2023 Form 5500
- Retirement Plan of Hershey Creamery Company and Its Subsidiaries and Affiliates Investment adviser (plan)through Dec 30, 2023 Form 5500
- Jefferson Rehabilitation Center, Inc. Retirement Income Plan Investment adviser (plan)through Dec 30, 2023 Form 5500
- Maul Technology Pension Plan Investment adviser (plan)through Jul 31, 2023 Form 5500
- Texas Farm Products Holding Company Defined Benefit Retirement Plan Investment adviser (plan)through Jun 30, 2023 Form 5500
- American Nickeloid Company Peru Employees' Pension Plan Investment adviser (plan)through Jun 30, 2023 Form 5500
- Salaried Employees Pension Plan of Toledo Technologies, Inc. Investment adviser (plan)through Dec 31, 2022 Form 5500
- Duncan Employees Security Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- Teledyne Technologies Incorporated Pension Plan General consultantthrough Dec 31, 2022 Form 5500
- Eglin Federal Credit Union Retirement Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- Tekni-Plex, Inc. Pension Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- American Nickeloid Company Retirement Plan for Salaried and Administrative Employees Investment adviser (plan)through Dec 31, 2022 Form 5500
- Agere Systems Pension Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- Horizon Blue Cross Blue Shield of Nj Employees Retirement Plan II Pension consultantthrough Dec 31, 2022 Form 5500
- Owens Corning Merged Retirement Plan Pension consultantthrough Dec 31, 2022 Form 5500
- The Bank of America Pension Plan Pension consultantthrough Dec 31, 2022 Form 5500
- Wilson, Elser, Moskowitz, Edelman & Dicker, LLP Defined Benefit Plan for Non-Legal Staff Investment adviser (plan)through Dec 31, 2022 Form 5500
- KSB Giw, Inc. Pension Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- Horizon Blue Cross Blue Shield of Nj Employees Retirement Plan Pension consultantthrough Dec 31, 2022 Form 5500
- Consolidated Retirement Plan of Dole Food Company, Inc. General consultantthrough Dec 31, 2022 Form 5500
- STP Nuclear Operating Company Retirement Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- Retirement&security Program for Employees of Ntca and Its Members Investment adviser (plan)through Dec 31, 2022 Form 5500
- NEW York Central Mutual Fire Insurance Company Retirement Income Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- MTD Products Inc Pension Plan Pension consultantthrough Dec 31, 2022 Form 5500
- Campus USA Credit Union Retirement Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- Retirement Plan for the Employees of Littlestown Foundry, Inc. Investment adviser (plan)through Dec 31, 2022 Form 5500
- Retirement Plan for Employees of Devon Energy Corporation Investment adviser (plan)through Dec 31, 2022 Form 5500
Schedule C rows
88 rows, $13.4M direct compensation as filed
Form ADV readings
- charity clients 19 Sep 2, 2026 reported
- government clients 29 Sep 2, 2026 reported
- institutional clients 94,479 Sep 2, 2026 reported
- pension plan clients 94,431 Sep 2, 2026 reported
- raum discretionary $148B Sep 2, 2026 reported
- raum institutional $11B Sep 2, 2026 reported
- raum total $149B Sep 2, 2026 reported
What changed
- Dec 31, 2024Manager relationship startedXcel Energy Pension Plan and Xcel Energy Pension Plan for Bargaining EmployeesWilshire Advisors LLC appears on Xcel Energy Pension Plan and Xcel Energy Pension Plan for Bargaining Employees's Schedule C as investment manager (plan year 2024 vs 2023)with Wilshireaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferenceInternational Association of Machinists and Aerospace Workers Pension PlanWilshire Associates Incorproated no longer appears on International Association of Machinists and Aerospace Workers Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Wilshireaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedNEW Century Energies, Inc. Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit EesWilshire Advisors LLC appears on NEW Century Energies, Inc. Retirement Plan for Public Service Company of Colorado Bargaining Unit Ees and Former Non-Bargaining Unit Ees's Schedule C as investment manager (plan year 2024 vs 2023)with Wilshireaskebsa.dol.gov
- Wilshire Associates appears on Knife River Corporation Salaried Employees' Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Wilshireaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedAmerican Federation of Musicians and Employers' Pension Fund and SubsidiaryWilshire Advisors LLC appears on American Federation of Musicians and Employers' Pension Fund and Subsidiary's Schedule C as investment manager (plan year 2024 vs 2023)with Wilshireaskebsa.dol.gov
- Willshire Advisors LLC appears on Affinia Healthcare Pension Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with Wilshireaskebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceXcel Energy Pension Plan and Xcel Energy Pension Plan for Bargaining EmployeesWilshire Associates Incorporated no longer appears on Xcel Energy Pension Plan and Xcel Energy Pension Plan for Bargaining Employees's Schedule C as investment manager (plan year 2023 vs 2022)with Wilshireaskebsa.dol.gov
- Wilshire Advisors LLC no longer appears on Tekni-Plex, Inc. Pension Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with Wilshireaskebsa.dol.gov
- Wilshire Advisors, LLC appears on Hancock Whitney Corporation Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Wilshireaskebsa.dol.gov
- Wilshire Advisors LLC no longer appears on Duncan Employees Security Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with Wilshireaskebsa.dol.gov