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.
OCIO
Callan LLC
Advisory clients on the tape
44
Schedule C, ACFR
Public-system clients
13
ACFR and seeds
ADV institutional clients
452
filed Mar 24, 2026
ADV institutional RAUM
$33B
pension, government, charity, insurance, sovereign
ADV discretionary RAUM
$42B
Item 5.F
Classification basis: Form ADV 5.G(6) pension consulting; institutional RAUM share 0.78; discretionary RAUM $42B. An OCIO holds discretion over at least $5B of institutional assets; a consultant advises.
Advisory clients
44 allocators
- Nys Teachers' Retirement System General consultantthrough Jan 28, 2026 Board minutes
- National Roofing Industry Pension Fund Investment adviser (plan)through Dec 31, 2025 Form 5500
- Retirement Plan for Employees of Puget Sound Energy, Inc. Investment adviser (plan)through Dec 31, 2025 Form 5500
- Illinois Municipal Retirement Fund (IMRF) General consultantthrough Dec 31, 2025 ACFR
- Cook County Employees' and Officers' Annuity and Benefit Fund General consultantthrough Dec 31, 2025 ACFR
- Colorado Public Employees' Retirement Association General consultantthrough Dec 31, 2025 ACFR
- Mississippi Public Employees Retirement System (PERS) General consultantthrough Jun 30, 2025 ACFR
- NHRS Traditional DB Pension Plan General consultantthrough Jun 30, 2025 ACFR
- Public School Teachers Pension and Retirement Fund of Chicago General consultantthrough Jun 30, 2025 ACFR
- Persi Base DB Plan General consultantthrough Jun 30, 2025 ACFR
- Arkansas Public Employees Retirement System (APERS) General consultantthrough Jun 30, 2025 ACFR
- Ohio STRS Traditional DB Pension Plan General consultantthrough Jun 30, 2025 ACFR
- Nevada Public Employees Retirement System (PERS) General consultantthrough Jun 30, 2025 ACFR
- San Francisco City and County Employees Retirement System General consultantthrough Jun 30, 2025 ACFR
- Indiana Gas Company, Inc. Bargaining Unit Retirement Plan General consultantPension consultantthrough Dec 31, 2024 Form 5500
- Centerpoint Energy Retirement Plan General consultantPension consultantthrough Dec 31, 2024 Form 5500
- Agents Retirement Plan of the Lincoln National Life Insurance Company Investment adviser (plan)through Dec 31, 2024 Form 5500
- Vectren Corporation Combined Non-Bargaining Retirement Plan General consultantPension consultantthrough Dec 31, 2024 Form 5500
- Pension Plan for Employees at Ornl Pension consultantthrough Dec 31, 2024 Form 5500
- Milwaukee City Employees Retirement System General consultantthrough Dec 31, 2024 ACFR
- HP Inc. Pension Plan General consultantthrough Oct 31, 2024 Form 5500
- Csaa Insurance Group Cash Balance Retirement Plan Pension consultantthrough Dec 31, 2023 Form 5500
- PNM Resources Inc. Employees' Retirement Plan General consultantthrough Dec 31, 2023 Form 5500
- Tenth Amended & Restated Owens-Illinois Salary Retirement Plan Pension consultantthrough Dec 31, 2023 Form 5500
- Tenth Amended & Restated Owens-Illinois Hourly Retirement Plan Pension consultantthrough Dec 31, 2023 Form 5500
- Lumen Combined Pension Plan General consultantthrough Dec 31, 2023 Form 5500
- Agilent Technologies, Inc. Retirement Plan General consultantthrough Oct 31, 2023 Form 5500
- Keycorp Consolidated Cash Balance Plan Investment adviser (plan)through Sep 30, 2023 Form 5500
- Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company General consultantthrough Jun 30, 2023 Form 5500
- Toyota Motor Sales, U.S.A., Inc. Pension Plan Pension consultantthrough Dec 31, 2022 Form 5500
- The Bank of America Pension Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- Target Corporation Pension Plan General consultantthrough Dec 31, 2022 Form 5500
- Thrivent Individual Pension Account Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- Alyeska Pipeline Service Company Pension Plan for Operating Company Employees General consultantthrough Dec 31, 2022 Form 5500
- Bunzl USA, LLC Retirement Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- Employee Retirement Plan of S&p Global Inc and Its Subsidiaries General consultantthrough Dec 31, 2022 Form 5500
- The Bank of Tokyo-Mitsubishi Ufj, Ltd. Cash Balance Pension Plan General consultantthrough Dec 31, 2022 Form 5500
- Crayola LLC Employee's Retirement Plan Investment adviser (plan)through Dec 31, 2022 Form 5500
- Regions Financial Corporation Retirement Plan for Associates General consultantthrough Dec 31, 2022 Form 5500
- Regions Financial Corporation Retirement Plan General consultantthrough Dec 31, 2022 Form 5500
- The Queen's Health Systems Pension Plan General consultantthrough Dec 31, 2022 Form 5500
- Consolidated Roche Retirement Plan General consultantthrough Dec 31, 2022 Form 5500
- Cash Balance Retirement Plan of Hallmark Cards, Inc. Investment adviser (plan)through Dec 31, 2022 Form 5500
- The Southern California Edison Company Retirement Plan General consultantthrough Dec 31, 2022 Form 5500
Other roles
1 allocators
- Windstream Pension Plan Named fiduciarythrough Dec 31, 2022
Schedule C rows
95 rows, $9.9M direct compensation as filed
Form ADV readings
- charity clients 51 Mar 24, 2026 reported
- government clients 151 Mar 24, 2026 reported
- institutional clients 452 Mar 24, 2026 reported
- pension plan clients 250 Mar 24, 2026 reported
- raum discretionary $42B Mar 24, 2026 reported
- raum institutional $33B Mar 24, 2026 reported
- raum total $42B Mar 24, 2026 reported
What changed
- New York State Teachers' Retirement System (NYSTRS) selects Callan LLC as general consultantwith Callan LLCnystrs.org
- Callan LLC no longer appears on Lumen Combined Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)with Callan LLCaskebsa.dol.gov
- Callan LLC appears on Pension Plan for Employees at Ornl's Schedule C as pension consultant (plan year 2024 vs 2023)with Callan LLCaskebsa.dol.gov
- Dec 31, 2024Consultant changedinferenceEmployee Retirement Plan of S&p Global Inc and Its SubsidiariesCallan LLC no longer appears on Employee Retirement Plan of S&p Global Inc and Its Subsidiaries's Schedule C as general consultant (plan year 2024 vs 2023)with Callan LLCaskebsa.dol.gov
- Callan appears on HP Inc. Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)with Callan LLCaskebsa.dol.gov
- Callan Holdings Inc. no longer appears on The Southern California Edison Company Retirement Plan's Schedule C as general consultant (plan year 2023 vs 2022)with Callan LLCaskebsa.dol.gov
- Callan LLC appears on Lumen Combined Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)with Callan LLCaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceTenth Amended & Restated Owens-Illinois Salary Retirement PlanCallan LLC appears on Tenth Amended & Restated Owens-Illinois Salary Retirement Plan's Schedule C as pension consultant (plan year 2023 vs 2022)with Callan LLCaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceTenth Amended & Restated Owens-Illinois Hourly Retirement PlanCallan LLC appears on Tenth Amended & Restated Owens-Illinois Hourly Retirement Plan's Schedule C as pension consultant (plan year 2023 vs 2022)with Callan LLCaskebsa.dol.gov
- Callan LLC no longer appears on Toyota Motor Sales, U.S.A., Inc. Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)with Callan LLCaskebsa.dol.gov
- Callan Associates Inc no longer appears on Steptoe LLP Cash Balance Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Callan LLCaskebsa.dol.gov
- Callan LLC appears on PNM Resources Inc. Employees' Retirement Plan's Schedule C as general consultant (plan year 2023 vs 2022)with Callan LLCaskebsa.dol.gov