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COSTCO WHOLESALE CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and COSTCO WHOLESALE CORP.’s Form 8-K, filed 2025-01-27 (Item 5.07 on EDGAR). Page generated 04 October 2026.

  • 22Reported items
  • 1,618Asset managers
  • 17,465Fund votes
  • 2025-01-23Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore COSTCO WHOLESALE CORP. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by COSTCO WHOLESALE CORP.

These tallies are COSTCO WHOLESALE CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-01-27 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

COSTCO WHOLESALE CORP. — official shareholder meeting results, meeting held 2025-01-23
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Susan L. Decker 274,157,89615,586,916472,590 --62,200,922 Majority: yes
Elect Director: Kenneth D. Denman 286,161,2413,540,494515,667 --62,200,922 Majority: yes
Elect Director: Helena B. Foulkes 284,260,5415,465,299491,562 --62,200,922 Majority: yes
Elect Director: Hamilton E. James 275,082,99714,385,175749,230 --62,200,922 Majority: yes
Elect Director: Sally Jewell 286,097,2233,261,276858,903 --62,200,922 Majority: yes
Elect Director: Jeffrey S. Raikes 269,901,67019,805,255510,477 --62,200,922 Majority: yes
Elect Director: John W. Stanton 285,382,3814,313,994521,027 --62,200,922 Majority: yes
Elect Director: Ron M. Vachris 287,669,4951,937,922609,985 --62,200,922 Majority: yes
Elect Director: Maggie Wilderotter 274,093,60015,417,155706,647 --62,200,922 Majority: yes
Ratification of the Selection of Auditors: 337,431,48914,385,412601,423 ---- Majority: yes
Advisory Vote on Executive Compensation: 273,942,96315,312,907961,532 --62,200,922 Majority: yes
Shareholder proposal requesting report on the risks of maintaining DEI efforts: 4,857,195281,267,6124,092,595 --62,200,922 Majority: no

Source: COSTCO WHOLESALE CORP., Form 8-K, filed with the SEC on 2025-01-27 — read the filing on EDGAR.

How asset managers voted at the COSTCO WHOLESALE CORP. 2024-2025 meeting

Each item below shows how the 1,618 asset managers that disclosed a COSTCO WHOLESALE CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of COSTCO WHOLESALE CORP.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approval, on an advisory basis, of executive compensation.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 34 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 273,942,963AGAINST: 15,312,907

COSTCO WHOLESALE CORP.’s own tally for this item (“Advisory Vote on Executive Compensation:”): 273,942,963 for, 15,312,907 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 62% for, 3% against (65% of the company cast a for/against vote).

The 1,536 asset managers below cast 96% of the shares they voted on this item FOR (254,090,325 for, 9,457,353 against).

FOR 96%
FOR: 254,090,325 (96.4%)AGAINST: 9,457,353 (3.6%)ABSTAIN: 86,179 (0.0%)NOT VOTED: 42,631 (0.0%)UNKNOWN: 21,106 (0.0%)0: 790 (0.0%)
Largest asset managers voting on “Approval, on an advisory basis, of executive compensation.” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard42,984,7710 00For
BlackRock27,236,4192,510 00For
Fidelity22,786,6440 00For
State Street13,970,3940 00For
GEODE CAPITAL MANAGEMENT, LLC9,539,5300 00For
Capital Group8,358,6470 00For
Charles Schwab5,893,5130 00For
Northern Trust4,749,2100 00For
Invesco4,706,7560 00For
AllianceBernstein4,238,5350 00For
Nuveen3,404,5400 00For
TIAA3,343,3210 00For
JPMorgan3,303,1080 00For
JENNISON ASSOCIATES LLC3,038,4440 00For
T. Rowe Price2,860,8770 00For
Fisher Asset Management, LLC2,710,3950 00For
American Century2,522,1640 00For
MELLON INVESTMENTS Corp2,212,2500 00For
Amundi02,115,025 00Against
PARAMETRIC PORTFOLIO ASSOCIATES LLC1,874,6590 00For
RBC Dominion Securities Inc.1,745,5680 00For
Legal & General Investment Management Ltd01,735,624 00Against
Dimensional1,694,1220 00For
UBS1,570,205115,455 00For
BANK OF AMERICA NA1,501,2140 00For

Showing the 25 largest of 1,536 asset managers. See all 1,536 in the interactive database.

2. Ratification of selection of independent auditors.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 10 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 337,431,489AGAINST: 14,385,412

COSTCO WHOLESALE CORP.’s own tally for this item (“Ratification of the Selection of Auditors:”): 337,431,489 for, 14,385,412 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 76% for, 3% against (79% of the company cast a for/against vote).

The 251 asset managers below cast 99.7% of the shares they voted on this item FOR (102,575,685 for, 249,265 against).

FOR 99.6%
FOR: 102,575,685 (99.7%)AGAINST: 249,265 (0.2%)ABSTAIN: 57,541 (0.1%)UNKNOWN: 22,919 (0.0%)
Largest asset managers voting on “Ratification of selection of independent auditors.” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard40,302,9280 00For
Fidelity14,704,8880 00For
BlackRock12,400,8250 00For
Capital Group3,843,3980 00For
TIAA3,323,0470 00For
State Street3,075,7500 00For
Charles Schwab2,908,1950 00For
Dimensional1,453,4830 00For
Invesco1,442,7440 00For
JPMorgan1,150,5680 00For
American Century1,145,6470 00For
AB LARGE CAP GROWTH FUND INC1,030,4370 00For
Prudential/PGIM883,4700 00For
HARBOR FUNDS720,2960 00For
MASTER INVESTMENT PORTFOLIO714,8380 00For
T. Rowe Price681,1570 00For
Parnassus597,6230 00For
Jackson National591,6610 00For
CITY NATIONAL ROCHDALE FUNDS570,3050 00For
ProShares506,4350 00For
AMCAP FUND420,9230 00For
Principal408,5660 00For
Columbia Threadneedle394,5520 00For
Equitable373,5594,987 00For
OLD WESTBURY FUNDS INC377,7080 00For

Showing the 25 largest of 251 asset managers. See all 251 in the interactive database.

3. Election of Directors: Susan L. Decker

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 8 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 274,157,896AGAINST: 15,586,916

COSTCO WHOLESALE CORP.’s own tally for this item (“Elect Director: Susan L. Decker”): 274,157,896 for, 15,586,916 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 62% for, 4% against (65% of the company cast a for/against vote).

The 244 asset managers below cast 99.8% of the shares they voted on this item FOR (102,644,227 for, 149,260 against).

FOR 99.7%
FOR: 102,644,227 (99.8%)AGAINST: 149,260 (0.1%)ABSTAIN: 56,624 (0.1%)UNKNOWN: 21,106 (0.0%)
Largest asset managers voting on “Election of Directors: Susan L. Decker” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard40,302,9280 00For
Fidelity14,704,8880 00For
BlackRock12,398,6792,146 00For
Capital Group3,843,3980 00For
TIAA3,323,0470 00For
State Street3,075,7500 00For
Charles Schwab2,908,1950 00For
Dimensional1,453,4830 00For
Invesco1,442,7440 00For
JPMorgan1,150,5680 00For
American Century1,145,6470 00For
AB LARGE CAP GROWTH FUND INC1,030,4370 00For
Prudential/PGIM883,4700 00For
HARBOR FUNDS720,2960 00For
MASTER INVESTMENT PORTFOLIO714,8380 00For
T. Rowe Price681,1570 00For
Parnassus597,6230 00For
Jackson National591,6610 00For
CITY NATIONAL ROCHDALE FUNDS570,3050 00For
ProShares506,4350 00For
AMCAP FUND420,9230 00For
Principal408,5660 00For
Columbia Threadneedle394,5520 00For
Equitable378,5460 00For
OLD WESTBURY FUNDS INC377,7080 00For

Showing the 25 largest of 244 asset managers. See all 244 in the interactive database.

4. Election of Directors: Kenneth D. Denman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 9 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 286,161,241AGAINST: 3,540,494

COSTCO WHOLESALE CORP.’s own tally for this item (“Elect Director: Kenneth D. Denman”): 286,161,241 for, 3,540,494 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 64% for, 0.8% against (65% of the company cast a for/against vote).

The 244 asset managers below cast 99.9% of the shares they voted on this item FOR (102,779,382 for, 13,316 against).

FOR 99.9%
FOR: 102,779,382 (99.9%)AGAINST: 13,316 (0.0%)ABSTAIN: 57,413 (0.1%)UNKNOWN: 21,106 (0.0%)
Largest asset managers voting on “Election of Directors: Kenneth D. Denman” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard40,302,9280 00For
Fidelity14,704,8880 00For
BlackRock12,398,6792,146 00For
Capital Group3,843,3980 00For
TIAA3,323,0470 00For
State Street3,075,7500 00For
Charles Schwab2,908,1950 00For
Dimensional1,453,4830 00For
Invesco1,442,7440 00For
JPMorgan1,150,5680 00For
American Century1,145,6470 00For
AB LARGE CAP GROWTH FUND INC1,030,4370 00For
Prudential/PGIM883,4700 00For
HARBOR FUNDS720,2960 00For
MASTER INVESTMENT PORTFOLIO714,8380 00For
T. Rowe Price681,1570 00For
Parnassus597,6230 00For
Jackson National591,6610 00For
CITY NATIONAL ROCHDALE FUNDS570,3050 00For
ProShares506,4350 00For
AMCAP FUND420,9230 00For
Principal408,5660 00For
Columbia Threadneedle394,5520 00For
Equitable378,5460 00For
OLD WESTBURY FUNDS INC377,7080 00For

Showing the 25 largest of 244 asset managers. See all 244 in the interactive database.

5. Election of Directors: Helena B. Foulkes

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 9 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 284,260,541AGAINST: 5,465,299

COSTCO WHOLESALE CORP.’s own tally for this item (“Elect Director: Helena B. Foulkes”): 284,260,541 for, 5,465,299 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 64% for, 1% against (65% of the company cast a for/against vote).

The 244 asset managers below cast 99.5% of the shares they voted on this item FOR (102,377,451 for, 415,250 against).

FOR 99.5%
FOR: 102,377,451 (99.5%)AGAINST: 415,250 (0.4%)ABSTAIN: 57,410 (0.1%)UNKNOWN: 21,106 (0.0%)
Largest asset managers voting on “Election of Directors: Helena B. Foulkes” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard40,302,9280 00For
Fidelity14,704,8880 00For
BlackRock12,394,5886,237 00For
Capital Group3,843,3980 00For
TIAA3,323,0470 00For
State Street3,075,7500 00For
Charles Schwab2,908,1950 00For
Dimensional1,453,4830 00For
Invesco1,442,7440 00For
JPMorgan1,150,5680 00For
American Century1,145,6470 00For
AB LARGE CAP GROWTH FUND INC1,030,4370 00For
Prudential/PGIM883,4700 00For
HARBOR FUNDS720,2960 00For
MASTER INVESTMENT PORTFOLIO714,8380 00For
T. Rowe Price681,1570 00For
Parnassus597,6230 00For
Jackson National591,6610 00For
CITY NATIONAL ROCHDALE FUNDS570,3050 00For
ProShares506,4350 00For
AMCAP FUND420,9230 00For
Principal408,5660 00For
Columbia Threadneedle394,5520 00For
Equitable378,5460 00For
OLD WESTBURY FUNDS INC377,7080 00For

Showing the 25 largest of 244 asset managers. See all 244 in the interactive database.

6. Election of Directors: Hamilton E. James

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 9 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 275,082,997AGAINST: 14,385,175

COSTCO WHOLESALE CORP.’s own tally for this item (“Elect Director: Hamilton E. James”): 275,082,997 for, 14,385,175 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 62% for, 3% against (65% of the company cast a for/against vote).

The 244 asset managers below cast 99.9% of the shares they voted on this item FOR (102,726,194 for, 62,412 against).

FOR 99.8%
FOR: 102,726,194 (99.9%)AGAINST: 62,412 (0.1%)ABSTAIN: 56,655 (0.1%)UNKNOWN: 25,956 (0.0%)
Largest asset managers voting on “Election of Directors: Hamilton E. James” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard40,302,9280 00For
Fidelity14,704,8880 00For
BlackRock12,398,6792,146 00For
Capital Group3,843,3980 00For
TIAA3,323,0470 00For
State Street3,075,7500 00For
Charles Schwab2,908,1950 00For
Dimensional1,453,4830 00For
Invesco1,442,7440 00For
JPMorgan1,150,5680 00For
American Century1,145,6470 00For
AB LARGE CAP GROWTH FUND INC1,030,4370 00For
Prudential/PGIM883,4700 00For
HARBOR FUNDS720,2960 00For
MASTER INVESTMENT PORTFOLIO714,8380 00For
T. Rowe Price681,1570 00For
Parnassus597,6230 00For
Jackson National591,6610 00For
CITY NATIONAL ROCHDALE FUNDS570,3050 00For
ProShares506,4350 00For
AMCAP FUND420,9230 00For
Principal408,5660 00For
Columbia Threadneedle394,5520 00For
Equitable378,5460 00For
OLD WESTBURY FUNDS INC377,7080 00For

Showing the 25 largest of 244 asset managers. See all 244 in the interactive database.

7. Election of Directors: Sally Jewell

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 286,097,223AGAINST: 3,261,276

COSTCO WHOLESALE CORP.’s own tally for this item (“Elect Director: Sally Jewell”): 286,097,223 for, 3,261,276 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 64% for, 0.8% against (65% of the company cast a for/against vote).

The 244 asset managers below cast 99.9% of the shares they voted on this item FOR (102,782,678 for, 20,983 against).

FOR 99.9%
FOR: 102,782,678 (99.9%)AGAINST: 20,983 (0.0%)ABSTAIN: 56,667 (0.1%)UNKNOWN: 21,106 (0.0%)
Largest asset managers voting on “Election of Directors: Sally Jewell” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard40,302,9280 00For
Fidelity14,704,8880 00For
BlackRock12,398,6792,146 00For
Capital Group3,843,3980 00For
TIAA3,323,0470 00For
State Street3,075,7500 00For
Charles Schwab2,908,1950 00For
Dimensional1,453,4830 00For
Invesco1,442,7440 00For
JPMorgan1,150,5680 00For
American Century1,145,6470 00For
AB LARGE CAP GROWTH FUND INC1,030,4370 00For
Prudential/PGIM883,4700 00For
HARBOR FUNDS720,2960 00For
MASTER INVESTMENT PORTFOLIO714,8380 00For
T. Rowe Price681,1570 00For
Parnassus597,6230 00For
Jackson National591,6610 00For
CITY NATIONAL ROCHDALE FUNDS570,3050 00For
ProShares506,4350 00For
AMCAP FUND420,9230 00For
Principal408,5660 00For
Columbia Threadneedle394,5520 00For
Equitable378,5460 00For
OLD WESTBURY FUNDS INC377,7080 00For

Showing the 25 largest of 244 asset managers. See all 244 in the interactive database.

8. Election of Directors: Jeffrey S. Raikes

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 8 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 269,901,670AGAINST: 19,805,255

COSTCO WHOLESALE CORP.’s own tally for this item (“Elect Director: Jeffrey S. Raikes”): 269,901,670 for, 19,805,255 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 61% for, 4% against (65% of the company cast a for/against vote).

The 244 asset managers below cast 99% of the shares they voted on this item FOR (101,605,922 for, 1,174,858 against).

FOR 99%
FOR: 101,605,922 (98.8%)AGAINST: 1,174,858 (1.1%)ABSTAIN: 56,628 (0.1%)UNKNOWN: 44,025 (0.0%)
Largest asset managers voting on “Election of Directors: Jeffrey S. Raikes” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard40,302,9280 00For
Fidelity14,704,8880 00For
BlackRock12,394,5886,237 00For
Capital Group3,843,3980 00For
TIAA3,323,0470 00For
State Street3,075,7500 00For
Charles Schwab2,908,1950 00For
Dimensional1,453,4830 00For
Invesco1,442,7440 00For
JPMorgan1,150,5680 00For
American Century1,145,6470 00For
AB LARGE CAP GROWTH FUND INC1,030,4370 00For
Prudential/PGIM883,4700 00For
HARBOR FUNDS720,2960 00For
MASTER INVESTMENT PORTFOLIO714,8380 00For
T. Rowe Price681,1570 00For
Parnassus0597,623 00Against
Jackson National591,6610 00For
CITY NATIONAL ROCHDALE FUNDS570,3050 00For
ProShares506,4350 00For
AMCAP FUND420,9230 00For
Principal408,5660 00For
Columbia Threadneedle394,5520 00For
Equitable378,5460 00For
OLD WESTBURY FUNDS INC377,7080 00For

Showing the 25 largest of 244 asset managers. See all 244 in the interactive database.

9. Election of Directors: John W. Stanton

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 9 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 285,382,381AGAINST: 4,313,994

COSTCO WHOLESALE CORP.’s own tally for this item (“Elect Director: John W. Stanton”): 285,382,381 for, 4,313,994 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 64% for, 1.0% against (65% of the company cast a for/against vote).

The 244 asset managers below cast 99.9% of the shares they voted on this item FOR (102,782,599 for, 21,098 against).

FOR 99.9%
FOR: 102,782,599 (99.9%)AGAINST: 21,098 (0.0%)ABSTAIN: 56,629 (0.1%)UNKNOWN: 21,106 (0.0%)
Largest asset managers voting on “Election of Directors: John W. Stanton” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard40,302,9280 00For
Fidelity14,704,8880 00For
BlackRock12,398,6792,146 00For
Capital Group3,843,3980 00For
TIAA3,323,0470 00For
State Street3,075,7500 00For
Charles Schwab2,908,1950 00For
Dimensional1,453,4830 00For
Invesco1,442,7440 00For
JPMorgan1,150,5680 00For
American Century1,145,6470 00For
AB LARGE CAP GROWTH FUND INC1,030,4370 00For
Prudential/PGIM883,4700 00For
HARBOR FUNDS720,2960 00For
MASTER INVESTMENT PORTFOLIO714,8380 00For
T. Rowe Price681,1570 00For
Parnassus597,6230 00For
Jackson National591,6610 00For
CITY NATIONAL ROCHDALE FUNDS570,3050 00For
ProShares506,4350 00For
AMCAP FUND420,9230 00For
Principal408,5660 00For
Columbia Threadneedle394,5520 00For
Equitable378,5460 00For
OLD WESTBURY FUNDS INC377,7080 00For

Showing the 25 largest of 244 asset managers. See all 244 in the interactive database.

10. Election of Directors: Ron M. Vachris

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 8 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 287,669,495AGAINST: 1,937,922

COSTCO WHOLESALE CORP.’s own tally for this item (“Elect Director: Ron M. Vachris”): 287,669,495 for, 1,937,922 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 65% for, 0.5% against (65% of the company cast a for/against vote).

The 244 asset managers below cast 99.9% of the shares they voted on this item FOR (102,780,981 for, 21,923 against).

FOR 99.9%
FOR: 102,780,981 (99.9%)AGAINST: 21,923 (0.0%)ABSTAIN: 57,423 (0.1%)UNKNOWN: 21,106 (0.0%)
Largest asset managers voting on “Election of Directors: Ron M. Vachris” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard40,302,9280 00For
Fidelity14,704,8880 00For
BlackRock12,398,6792,146 00For
Capital Group3,843,3980 00For
TIAA3,323,0470 00For
State Street3,075,7500 00For
Charles Schwab2,908,1950 00For
Dimensional1,453,4830 00For
Invesco1,442,7440 00For
JPMorgan1,150,5680 00For
American Century1,145,6470 00For
AB LARGE CAP GROWTH FUND INC1,030,4370 00For
Prudential/PGIM883,4700 00For
HARBOR FUNDS720,2960 00For
MASTER INVESTMENT PORTFOLIO714,8380 00For
T. Rowe Price681,1570 00For
Parnassus597,6230 00For
Jackson National591,6610 00For
CITY NATIONAL ROCHDALE FUNDS570,3050 00For
ProShares506,4350 00For
AMCAP FUND420,9230 00For
Principal408,5660 00For
Columbia Threadneedle394,5520 00For
Equitable378,5460 00For
OLD WESTBURY FUNDS INC377,7080 00For

Showing the 25 largest of 244 asset managers. See all 244 in the interactive database.

11. Election of Directors: Maggie Wilderotter

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-01-23.

Combines 8 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 274,093,600AGAINST: 15,417,155

COSTCO WHOLESALE CORP.’s own tally for this item (“Elect Director: Maggie Wilderotter”): 274,093,600 for, 15,417,155 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 62% for, 3% against (65% of the company cast a for/against vote).

The 244 asset managers below cast 98% of the shares they voted on this item FOR (100,697,218 for, 2,106,460 against).

FOR 98%
FOR: 100,697,218 (97.9%)AGAINST: 2,106,460 (2.0%)ABSTAIN: 56,650 (0.1%)UNKNOWN: 21,106 (0.0%)
Largest asset managers voting on “Election of Directors: Maggie Wilderotter” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard40,302,9280 00For
Fidelity14,704,8880 00For
BlackRock12,394,5886,237 00For
Capital Group3,843,3980 00For
TIAA3,323,0470 00For
State Street3,075,7500 00For
Charles Schwab2,908,1950 00For
Dimensional01,453,483 00Against
Invesco1,442,7440 00For
JPMorgan1,150,5680 00For
American Century1,145,6470 00For
AB LARGE CAP GROWTH FUND INC1,030,4370 00For
Prudential/PGIM883,4700 00For
HARBOR FUNDS720,2960 00For
MASTER INVESTMENT PORTFOLIO714,8380 00For
T. Rowe Price681,1570 00For
Parnassus597,6230 00For
Jackson National583,1258,536 00For
CITY NATIONAL ROCHDALE FUNDS570,3050 00For
ProShares506,4350 00For
AMCAP FUND420,9230 00For
Principal408,5660 00For
Columbia Threadneedle394,5520 00For
Equitable373,5594,987 00For
OLD WESTBURY FUNDS INC377,7080 00For

Showing the 25 largest of 244 asset managers. See all 244 in the interactive database.

12. Shareholder proposal requesting report on the risks of maintaining DEI efforts.

DIVERSITY, EQUITY, AND INCLUSIONMajority of the votes cast: no

Meeting held 2025-01-23.

Combines 10 wordings of this item as funds reported it.

2% Majority: no · of votes cast

AGAINST 98%
FOR: 4,857,195AGAINST: 281,267,612

COSTCO WHOLESALE CORP.’s own tally for this item (“Shareholder proposal requesting report on the risks of maintaining DEI efforts:”): 4,857,195 for, 281,267,612 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 1% for, 63% against (64% of the company cast a for/against vote).

The 241 asset managers below cast 0.1% of the shares they voted on this item FOR (76,613 for, 102,217,782 against).

AGAINST 99.5%
FOR: 76,613 (0.1%)AGAINST: 102,217,782 (99.5%)ABSTAIN: 383,358 (0.4%)UNKNOWN: 25,956 (0.0%)NOT VOTED: 965 (0.0%)
Largest asset managers voting on “Shareholder proposal requesting report on the risks of maintaining DEI efforts.” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard040,302,928 00Against
Fidelity014,704,888 00Against
BlackRock012,400,825 00Against
Capital Group03,843,398 00Against
TIAA03,323,047 00Against
State Street03,075,750 00Against
Charles Schwab02,908,195 00Against
Dimensional01,453,483 00Against
Invesco01,442,744 00Against
JPMorgan01,150,568 00Against
American Century01,145,647 00Against
AB LARGE CAP GROWTH FUND INC01,030,437 00Against
Prudential/PGIM0883,470 00Against
HARBOR FUNDS0720,296 00Against
MASTER INVESTMENT PORTFOLIO0714,838 00Against
T. Rowe Price0681,157 00Against
Parnassus0597,623 00Against
Jackson National0591,661 00Against
CITY NATIONAL ROCHDALE FUNDS0570,305 00Against
ProShares0506,435 00Against
AMCAP FUND0420,923 00Against
Principal0408,566 00Against
Columbia Threadneedle0394,552 00Against
Equitable0378,546 00Against
OLD WESTBURY FUNDS INC0377,708 00Against

Showing the 25 largest of 241 asset managers. See all 241 in the interactive database.

13. Section 14a Executive Compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-01-23.

95% Majority: yes · of votes cast

FOR 95%
FOR: 273,942,963AGAINST: 15,312,907

COSTCO WHOLESALE CORP.’s own tally for this item (“Advisory Vote on Executive Compensation:”): 273,942,963 for, 15,312,907 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 62% for, 3% against (65% of the company cast a for/against vote).

The 29 asset managers below cast 84% of the shares they voted on this item FOR (167,713 for, 31,701 against).

FOR 83%AGAINST 16%
FOR: 167,713 (83.2%)AGAINST: 31,701 (15.7%)ABSTAIN: 95 (0.0%)NOT VOTED: 2,102 (1.0%)
Largest asset managers voting on “Section 14a Executive Compensation” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Focus Partners Wealth95,3284,771 00For
Vancity Investment Management Ltd024,615 00Against
HARBOUR INVESTMENT MANAGEMENT LLC19,3530 00For
MATTERN CAPITAL MANAGEMENT, LLC15,0640 00For
Blue Fin Capital, Inc.11,7830 00For
Claret Asset Management Corp5,0940 00For
COURIER CAPITAL LLC4,3390 00For
OLD SECOND NATIONAL BANK OF AURORA4,0730 00For
Baker Avenue Asset Management, LP3,3920 00For
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV02,211 00Against
LEAVELL INVESTMENT MANAGEMENT, INC.00 00Not Voted
River Street Advisors LLC2,0910 00For
VALUED ADVISERS TRUST2,0000 00For
EAGLE GLOBAL ADVISORS LLC1,1940 00For
Inlet Private Wealth, LLC1,1900 00For
Williamson Legacy Group, LLC1,0010 00For
ETF Opportunities Trust4760 00For
HOURGLASS CAPITAL, LLC3260 00For
IMA Advisory Services, Inc.2590 00For
Ballew Advisors, Inc2020 00For
WESPAC Advisors SoCal, LLC1810 00For
Wallington Asset Management, LLC1410 00For
Moisand Fitzgerald Tamayo, LLC1220 00For
Campion Asset Management0104 00Against
Investment Partners Asset Management, Inc.00 950Abstain

Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.

14. Approval, on an advisory basis, of executive compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-01-18 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 3 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 272,952,384AGAINST: 15,719,025

COSTCO WHOLESALE CORP.’s own tally for this item (“Advisory Vote on Executive Compensation:”): 272,952,384 for, 15,719,025 against, per its Form 8-K filed 2024-01-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 61% for, 4% against (65% of the company cast a for/against vote).

The 11 asset managers below cast 100% of the shares they voted on this item FOR (73,745 for, 0 against).

FOR 100%
FOR: 73,745 (100.0%)
Largest asset managers voting on “Approval, on an advisory basis, of executive compensation” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
DIVIDEND ASSETS CAPITAL, LLC26,1060 00For
COLDSTREAM CAPITAL MANAGEMENT INC14,6750 00For
Ipswich Investment Management Co., Inc.13,2140 00For
Knuff & Co LLC10,7170 00For
Americana Partners, LLC3,6140 00For
Sky Investment Group LLC2,9650 00For
VAUGHAN DAVID INVESTMENTS LLC/IL1,9060 00For
Axiom Financial Strategies, LLC3100 00For
Seascape Capital Management2380 00For
Echo45 Advisors LLC00 00--
Synergy Investment Management, LLC00 00--

15. Report on Risks of Maintaining Diversity, Equity, and Inclusion Efforts

DIVERSITY, EQUITY, AND INCLUSIONMajority of the votes cast: no

Meeting held 2025-01-23.

2% Majority: no · of votes cast

AGAINST 98%
FOR: 4,857,195AGAINST: 281,267,612

COSTCO WHOLESALE CORP.’s own tally for this item (“Shareholder proposal requesting report on the risks of maintaining DEI efforts:”): 4,857,195 for, 281,267,612 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 1% for, 63% against (64% of the company cast a for/against vote).

The 9 asset managers below cast 33% of the shares they voted on this item FOR (59,374 for, 120,297 against).

FOR 33%AGAINST 67%
FOR: 59,374 (33.0%)AGAINST: 120,297 (67.0%)
Largest asset managers voting on “Report on Risks of Maintaining Diversity, Equity, and Inclusion Efforts” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
GuideStone59,3740 00For
Empower058,074 00Against
Erste Asset Management GmbH029,780 00Against
HC CAPITAL TRUST020,372 00Against
GreenFi Funds Trust06,632 00Against
CLEARWATER INVESTMENT TRUST05,381 00Against
REDMONT WEALTH ADVISORS LLC043 00Against
UNIFIED SERIES TRUST015 00Against
OARSMAN CAPITAL, INC.00 00--

16. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-01-23.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%
Largest asset managers voting on “Election of Directors (Majority Voting)” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
HARBOUR INVESTMENT MANAGEMENT LLC174,1770 00For
VALUED ADVISERS TRUST22,0000 00For
Williamson Legacy Group, LLC1,0010 00For
VOISARD ASSET MANAGEMENT GROUP, INC.830 00For

17. S/H Proposal - Corporate Governance

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-01-23.

64% fund support · no official result

NOT VOTED 93%

The 4 asset managers below cast 64% of the shares they voted on this item FOR (1,001 for, 559 against).

FOR: 1,001 (4.8%)AGAINST: 559 (2.7%)NOT VOTED: 19,353 (92.5%)
Largest asset managers voting on “S/H Proposal - Corporate Governance” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
HARBOUR INVESTMENT MANAGEMENT LLC00 00Not Voted
Williamson Legacy Group, LLC1,0010 00For
ETF Opportunities Trust0476 00Against
VOISARD ASSET MANAGEMENT GROUP, INC.083 00Against

18. Approval, on an advisory basis, of executive compensation.

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2024-01-23; no official results on file for that date (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (333 for, 0 against).

FOR: 333 (100.0%)
Largest asset managers voting on “Approval, on an advisory basis, of executive compensation.” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Stack Financial Management, Inc2300 00For
Bey-Douglas LLC1000 00For
MASSACHUSETTS INSTITUTE OF TECHNOLOGY30 00For

19. COMPENSATION

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-01-23.

95% Majority: yes · of votes cast

FOR 95%
FOR: 273,942,963AGAINST: 15,312,907

COSTCO WHOLESALE CORP.’s own tally for this item (“Advisory Vote on Executive Compensation:”): 273,942,963 for, 15,312,907 against, per its Form 8-K filed 2025-01-27 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 443,942,000 outstanding shares: 62% for, 3% against (65% of the company cast a for/against vote).

The 3 asset managers below cast 100% of the shares they voted on this item FOR (12,369 for, 0 against).

FOR 100%
FOR: 12,369 (100.0%)
Largest asset managers voting on “COMPENSATION” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Blue Sky Capital Consultants Group, Inc.6,3070 00For
Capital Group4,9250 00For
Members Trust Co1,1370 00For

20. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-01-23.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (2,525 for, 0 against).

FOR: 2,525 (100.0%)
Largest asset managers voting on “Director Elections” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
X-Square Balanced Fund, LLC1,1860 00For
Members Trust Co1,1370 00For
Ballew Advisors, Inc2020 00For

21. Elect Director

DIRECTOR ELECTIONS

Meeting held 2025-01-23.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (392 for, 0 against).

FOR: 392 (100.0%)
Largest asset managers voting on “Elect Director” at COSTCO WHOLESALE CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
NORTHERN LIGHTS FUND TRUST III3920 00For
Synergy Investment Management, LLC00 00--

Showing the 21 reported items with the widest manager coverage, of 22 in total. View every item.

Largest COSTCO WHOLESALE CORP. shareholders voting in 2024-2025

Ranked by the number of COSTCO WHOLESALE CORP. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 443,942,000 shares outstanding at the time of that meeting.

Top COSTCO WHOLESALE CORP. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 9.68%
2BlackRock 6.14%
3Fidelity 5.13%
4State Street 3.15%
5GEODE CAPITAL MANAGEMENT, LLC 2.15%
6Capital Group 1.88%
7Charles Schwab 1.34%
8Northern Trust 1.07%
9Invesco 1.06%
10AllianceBernstein 0.95%

Reported COSTCO WHOLESALE CORP. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

COSTCO WHOLESALE CORP. beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 9.61% 13F
BlackRock 7.87% 13F
State Street 4.11% 13F
FMR (Fidelity) 2.14% 13F
Morgan Stanley 2.14% 13F
Norges Bank 1.17% 13F
Northern Trust 1.15% 13F
BNY Mellon 0.94% 13F
Invesco 0.88% 13F

Percentages above are of 443,942,000 shares outstanding, as reported by COSTCO WHOLESALE CORP. on its Form 10-Q dated 2024-11-24 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from COSTCO WHOLESALE CORP.’s 10-Q dated 2024-11-24. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At COSTCO WHOLESALE CORP.'s shareholder meeting held 2025-01-23, in the 2024-2025 proxy season, 1,618 asset managers reported how they voted in their SEC Form N-PX filings, covering 17,465 separate fund positions. Their filings are grouped here into 22 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approval, on an advisory basis, of executive compensation. — FOR was 95% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: COSTCO WHOLESALE CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2025-01-27.

COSTCO WHOLESALE CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.