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Hercules Capital, Inc. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and Hercules Capital, Inc.’s Form 8-K, filed 2025-06-20 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 16Reported items
  • 271Asset managers
  • 751Fund votes
  • 2025-06-18Main meeting date

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

Explore Hercules Capital, Inc. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by Hercules Capital, Inc.

These tallies are Hercules Capital, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-06-20 (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.

Hercules Capital, Inc. — official shareholder meeting results, meeting held 2025-06-18
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Scott Bluestein 63,732,4971,111,3331,305,121 --62,194,527 Majority: yes
Elect Director: All stockholders 52,618,13011,069,8712,460,950 --62,194,527 Majority: yes

Source: Hercules Capital, Inc., Form 8-K, filed with the SEC on 2025-06-20 — read the filing on EDGAR.

How asset managers voted at the Hercules Capital, Inc. 2024-2025 meetings

Each item below shows how the 271 asset managers that disclosed a Hercules Capital, Inc. 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 Hercules Capital, Inc.’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. ADVISORY VOTE TO APPROVE THE COMPANY'S NAMED EXECUTIVE OFFICER COMPENSATION.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-06-18.

Combines 4 wordings of this item as funds reported it.

87% fund support · no official result

FOR 84%13%

The 210 asset managers below cast 87% of the shares they voted on this item FOR (15,738,711 for, 2,375,447 against).

FOR: 15,738,711 (84.5%)AGAINST: 2,375,447 (12.8%)ABSTAIN: 503,459 (2.7%)NOT VOTED: 7,921 (0.0%)0: 741 (0.0%)
Largest asset managers voting on “ADVISORY VOTE TO APPROVE THE COMPANY'S NAMED EXECUTIVE OFFICER COMPENSATION.” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VAN ECK ASSOCIATES CORP2,704,650315,627 183,4110For
VanEck ETF Trust2,704,650315,627 183,4110For
Putnam1,070,121124,210 72,1780For
Legal & General Investment Management Ltd01,198,874 00Against
Two Sigma952,8340 00For
STIFEL NICOLAUS & CO INC \MO\882,8040 00For
Hudson Bay Capital Management LP679,6930 00For
Gilman Hill Asset Management, LLC521,0780 00For
Citadel398,6330 00For
Point72394,9350 00For
CITY NATIONAL ROCHDALE FUNDS392,4450 00For
Nikko Asset Management Co., Ltd.364,0080 00For
RBC Capital Markets, LLC346,1340 00For
Janney Montgomery Scott LLC295,2940 00For
D.A. DAVIDSON & CO.289,2310 00For
Connor, Clark & Lunn Investment Management Ltd.276,9630 00For
Robeco Institutional Asset Management B.V.0232,518 00Against
CONFLUENCE INVESTMENT MANAGEMENT LLC178,60614,778 8,5880For
BLAIR WILLIAM & CO/IL200,0000 00For
First Trust151,96117,734 10,3050For
ENVESTNET ASSET MANAGEMENT INC177,9780 00For
BlackRock173,8270 00For
PNC BANK, NATIONAL ASSOCIATION150,1810 00For
Naviter Wealth, LLC145,9050 00For
ELEVATION POINT WEALTH PARTNERS, LLC145,3900 00For

Showing the 25 largest of 210 asset managers. See all 210 in the interactive database.

2. Advisory vote to approve the Company's named executive officer compensation.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-08-15; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

85% fund support · no official result

FOR 83%AGAINST 14%

The 162 asset managers below cast 85% of the shares they voted on this item FOR (11,314,662 for, 1,968,736 against).

FOR: 11,314,662 (83.1%)AGAINST: 1,968,736 (14.5%)ABSTAIN: 324,083 (2.4%)NOT VOTED: 5,133 (0.0%)
Largest asset managers voting on “Advisory vote to approve the Company's named executive officer compensation.” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VAN ECK ASSOCIATES CORP1,700,907193,978 131,8380For
VanEck ETF Trust1,700,907193,978 131,8380For
Legal & General Investment Management Ltd01,118,411 00Against
MARSHALL WACE, LLP858,5010 00For
STIFEL NICOLAUS & CO INC \MO\842,4450 00For
Nikko Asset Management Co., Ltd.553,2370 00For
Gilman Hill Asset Management, LLC516,2460 00For
Stewart Capital Advisors, LLC471,7410 00For
Robeco Institutional Asset Management B.V.0374,837 00Against
RBC Capital Markets, LLC374,2230 00For
CITY NATIONAL ROCHDALE FUNDS370,9710 00For
Janney Montgomery Scott LLC316,3820 00For
D.A. DAVIDSON & CO.250,3080 00For
Citadel241,9770 00For
Hudson Bay Capital Management LP234,0670 00For
Two Sigma213,9590 00For
CONFLUENCE INVESTMENT MANAGEMENT LLC171,66514,357 9,7580For
First Trust151,06317,228 11,7090For
BlackRock170,0220 00For
PNC BANK, NATIONAL ASSOCIATION168,4390 00For
ENVESTNET ASSET MANAGEMENT INC163,1670 00For
BLAIR WILLIAM & CO/IL141,8790 00For
AllianceBernstein140,1630 00For
Pear Tree Funds125,5450 00For
DnB Asset Management AS115,6300 00For

Showing the 25 largest of 162 asset managers. See all 162 in the interactive database.

3. AUTHORIZATION OF THE COMPANY TO SELL OR ISSUE SHARES OF ITS COMMON STOCK AT A PRICE BELOW ITS THEN-CURRENT NAV PER SHARE, SUBJECT TO THE CONDITIONS SET FORTH IN PROPOSAL 3.

EXTRAORDINARY TRANSACTIONS

Meeting held 2025-06-18.

84% fund support · no official result

FOR 82%AGAINST 15%

The 19 asset managers below cast 84% of the shares they voted on this item FOR (3,892,514 for, 716,023 against).

FOR: 3,892,514 (81.7%)AGAINST: 716,023 (15.0%)ABSTAIN: 153,845 (3.2%)
Largest asset managers voting on “AUTHORIZATION OF THE COMPANY TO SELL OR ISSUE SHARES OF ITS COMMON STOCK AT A PRICE BELOW ITS THEN-CURRENT NAV” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,529,280551,643 122,7650For
Putnam497,678108,545 24,1560For
CITY NATIONAL ROCHDALE FUNDS392,4450 00For
First Trust142,10830,994 6,8980For
WisdomTree92,2050 00For
UNITED CAPITAL FINANCIAL ADVISORS, LLC71,2660 00For
ETFis Series Trust I39,5770 00For
LOCORR INVESTMENT TRUST34,8180 00For
ProShares32,3310 00For
EA Series Trust022,854 00Against
Blackstone Alternative Investment Funds18,4000 00For
Tidal Trust I14,5830 00For
Goldman Sachs10,6640 00For
Elevation Series Trust8,6710 00For
SIT MUTUAL FUNDS INC7,7250 00For
Northern Lights Fund Trust IV01,870 00Against
Invesco534117 260For
RBB Fund Trust2250 00For
Lazard40 00For

4. Election of three Directors: DeAnne Aguirre

DIRECTOR ELECTIONS

Meeting held 2025-06-18.

Combines 3 wordings of this item as funds reported it.

83% fund support · no official result

FOR 81%AGAINST 17%

The 18 asset managers below cast 83% of the shares they voted on this item FOR (3,807,932 for, 802,970 against).

FOR: 3,807,932 (81.2%)AGAINST: 802,970 (17.1%)ABSTAIN: 80,215 (1.7%)
Largest asset managers voting on “Election of three Directors: DeAnne Aguirre” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,592,585547,094 64,0100For
Putnam510,134107,650 12,5950For
CITY NATIONAL ROCHDALE FUNDS392,4450 00For
First Trust145,66530,739 3,5960For
WisdomTree92,2050 00For
ETFis Series Trust I039,577 00Against
LOCORR INVESTMENT TRUST34,8180 00For
ProShares032,331 00Against
EA Series Trust22,8540 00For
Blackstone Alternative Investment Funds018,400 00Against
Tidal Trust I14,5830 00For
Goldman Sachs010,664 00Against
Elevation Series Trust08,671 00Against
SIT MUTUAL FUNDS INC07,725 00Against
Northern Lights Fund Trust IV1,8700 00For
Invesco548116 140For
RBB Fund Trust2250 00For
Lazard04 00Against

5. Election of three Directors: Scott Bluestein

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-06-18.

Combines 2 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 63,732,497AGAINST: 1,111,333

Hercules Capital, Inc.’s own tally for this item (“Elect Director: Scott Bluestein”): 63,732,497 for, 1,111,333 against, per its Form 8-K filed 2025-06-20 (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 162,428,000 outstanding shares: 39% for, 0.7% against (40% of the company cast a for/against vote).

The 18 asset managers below cast 98% of the shares they voted on this item FOR (4,540,403 for, 69,294 against).

FOR 97%
FOR: 4,540,403 (96.8%)AGAINST: 69,294 (1.5%)ABSTAIN: 81,419 (1.7%)
Largest asset managers voting on “Election of three Directors: Scott Bluestein” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust3,083,42255,296 64,9710For
Putnam606,71510,880 12,7840For
CITY NATIONAL ROCHDALE FUNDS392,4450 00For
First Trust173,2433,107 3,6500For
WisdomTree92,2050 00For
ETFis Series Trust I39,5770 00For
LOCORR INVESTMENT TRUST34,8180 00For
ProShares32,3310 00For
EA Series Trust22,8540 00For
Blackstone Alternative Investment Funds18,4000 00For
Tidal Trust I14,5830 00For
Goldman Sachs10,6640 00For
Elevation Series Trust8,6710 00For
SIT MUTUAL FUNDS INC7,7250 00For
Northern Lights Fund Trust IV1,8700 00For
Invesco65212 140For
RBB Fund Trust2250 00For
Lazard40 00For

6. Election of three Directors: Wade Loo

DIRECTOR ELECTIONS

Meeting held 2025-06-18.

Combines 2 wordings of this item as funds reported it.

96% fund support · no official result

FOR 94%

The 18 asset managers below cast 96% of the shares they voted on this item FOR (4,425,019 for, 164,323 against).

FOR: 4,425,019 (94.3%)AGAINST: 164,323 (3.5%)ABSTAIN: 101,774 (2.2%)
Largest asset managers voting on “Election of three Directors: Wade Loo” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,991,348131,127 81,2130For
Putnam588,59725,801 15,9800For
CITY NATIONAL ROCHDALE FUNDS392,4450 00For
First Trust168,0707,367 4,5630For
WisdomTree92,2050 00For
ETFis Series Trust I39,5770 00For
LOCORR INVESTMENT TRUST34,8180 00For
ProShares32,3310 00For
EA Series Trust22,8540 00For
Blackstone Alternative Investment Funds18,4000 00For
Tidal Trust I14,5830 00For
Goldman Sachs10,6640 00For
Elevation Series Trust8,6710 00For
SIT MUTUAL FUNDS INC7,7250 00For
Northern Lights Fund Trust IV1,8700 00For
Invesco63228 170For
RBB Fund Trust2250 00For
Lazard40 00For

7. RATIFICATION OF THE SELECTION OF THE INDEPENDENT PUBLIC ACCOUNTANT FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.

AUDIT-RELATED

Meeting held 2025-06-18.

99% fund support · no official result

FOR 97%

The 18 asset managers below cast 99% of the shares they voted on this item FOR (4,543,735 for, 65,119 against).

FOR: 4,543,735 (96.9%)AGAINST: 65,119 (1.4%)ABSTAIN: 82,262 (1.8%)
Largest asset managers voting on “RATIFICATION OF THE SELECTION OF THE INDEPENDENT PUBLIC ACCOUNTANT FOR THE FISCAL YEAR ENDING DECEMBER 31, 202” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust3,086,08151,964 65,6440For
Putnam607,23810,225 12,9160For
CITY NATIONAL ROCHDALE FUNDS392,4450 00For
First Trust173,3922,920 3,6880For
WisdomTree92,2050 00For
ETFis Series Trust I39,5770 00For
LOCORR INVESTMENT TRUST34,8180 00For
ProShares32,3310 00For
EA Series Trust22,8540 00For
Blackstone Alternative Investment Funds18,4000 00For
Tidal Trust I14,5830 00For
Goldman Sachs10,6640 00For
Elevation Series Trust8,6710 00For
SIT MUTUAL FUNDS INC7,7250 00For
Northern Lights Fund Trust IV1,8700 00For
Invesco65211 140For
RBB Fund Trust2250 00For
Lazard40 00For

8. Election of three Independent Directors: Gayle Crowell

DIRECTOR ELECTIONS

Meeting held 2024-08-15; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

88% fund support · no official result

FOR 86%11%

The 16 asset managers below cast 88% of the shares they voted on this item FOR (2,430,970 for, 317,141 against).

FOR: 2,430,970 (85.9%)AGAINST: 317,141 (11.2%)ABSTAIN: 83,185 (2.9%)
Largest asset managers voting on “Election of three Independent Directors: Gayle Crowell” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust1,723,931228,168 74,6240For
CITY NATIONAL ROCHDALE FUNDS370,9710 00For
First Trust153,10820,264 6,6280For
Pear Tree Funds125,5450 00For
WisdomTree26,0850 00For
ETFis Series Trust I024,546 00Against
ProShares022,457 00Against
Northern Trust21,7540 00For
Virtus012,197 00Against
SIT MUTUAL FUNDS INC07,725 00Against
EA Series Trust5,5930 00For
Tidal Trust I3,3500 00For
Northern Lights Fund Trust IV00 1,9150Abstain
Blackstone Alternative Investment Funds01,700 00Against
Invesco56383 180For
Renaissance Investment Group LLC710 00For

9. Election of three Independent Directors: Nikos Theodosopoulos

DIRECTOR ELECTIONS

Meeting held 2024-08-15; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

98% fund support · no official result

FOR 95%

The 16 asset managers below cast 98% of the shares they voted on this item FOR (2,694,004 for, 42,844 against).

FOR: 2,694,004 (95.2%)AGAINST: 42,844 (1.5%)ABSTAIN: 94,447 (3.3%)
Largest asset managers voting on “Election of three Independent Directors: Nikos Theodosopoulos” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust1,900,66139,339 86,7230For
CITY NATIONAL ROCHDALE FUNDS370,9710 00For
First Trust168,8043,494 7,7020For
Pear Tree Funds125,5450 00For
WisdomTree26,0850 00For
ETFis Series Trust I24,5460 00For
ProShares22,4570 00For
Northern Trust21,7540 00For
Virtus12,1970 00For
SIT MUTUAL FUNDS INC7,7250 00For
EA Series Trust5,5930 00For
Tidal Trust I3,3500 00For
Northern Lights Fund Trust IV1,9150 00For
Blackstone Alternative Investment Funds1,7000 00For
Invesco63012 220For
Renaissance Investment Group LLC710 00For

10. Election of three Independent Directors: Thomas J. Fallon

DIRECTOR ELECTIONS

Meeting held 2024-08-15; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

88% fund support · no official result

FOR 86%11%

The 16 asset managers below cast 88% of the shares they voted on this item FOR (2,426,634 for, 320,673 against).

FOR: 2,426,634 (85.7%)AGAINST: 320,673 (11.3%)ABSTAIN: 83,919 (3.0%)UNKNOWN: 71 (0.0%)
Largest asset managers voting on “Election of three Independent Directors: Thomas J. Fallon” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust1,718,256231,411 77,0560For
CITY NATIONAL ROCHDALE FUNDS370,9710 00For
First Trust152,60420,552 6,8440For
Pear Tree Funds125,5450 00For
WisdomTree26,0850 00For
ETFis Series Trust I024,546 00Against
ProShares022,457 00Against
Northern Trust21,7540 00For
Virtus012,197 00Against
SIT MUTUAL FUNDS INC07,725 00Against
EA Series Trust5,5930 00For
Tidal Trust I3,3500 00For
Northern Lights Fund Trust IV1,9150 00For
Blackstone Alternative Investment Funds01,700 00Against
Invesco56185 190For
Renaissance Investment Group LLC00 00Unknown

11. Ratification of the selection of the Independent Public Accountant for the fiscal year ending December 31, 2024.

AUDIT-RELATED

Meeting held 2024-08-15; no official results are on file for this meeting.

99% fund support · no official result

FOR 96%

The 16 asset managers below cast 99% of the shares they voted on this item FOR (2,726,466 for, 37,084 against).

FOR: 2,726,466 (96.3%)AGAINST: 37,084 (1.3%)ABSTAIN: 67,675 (2.4%)UNKNOWN: 71 (0.0%)
Largest asset managers voting on “Ratification of the selection of the Independent Public Accountant for the fiscal year ending December 31, 202” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust1,930,53534,049 62,1390For
CITY NATIONAL ROCHDALE FUNDS370,9710 00For
First Trust171,4573,024 5,5190For
Pear Tree Funds125,5450 00For
WisdomTree26,0850 00For
ETFis Series Trust I24,5460 00For
ProShares22,4570 00For
Northern Trust21,7540 00For
Virtus12,1970 00For
SIT MUTUAL FUNDS INC7,7250 00For
EA Series Trust5,5930 00For
Tidal Trust I3,3500 00For
Northern Lights Fund Trust IV1,9150 00For
Blackstone Alternative Investment Funds1,7000 00For
Invesco63611 160For
Renaissance Investment Group LLC00 00Unknown

12. Authorization of the Company to sell or issue shares of its common stock at a price below its then-current NAV per share, subject to the conditions set forth in Proposal 3.

CAPITAL STRUCTURE

Meeting held 2024-08-15; no official results are on file for this meeting.

85% fund support · no official result

FOR 81%AGAINST 14%

The 15 asset managers below cast 85% of the shares they voted on this item FOR (2,283,410 for, 407,170 against).

FOR: 2,283,410 (80.9%)AGAINST: 407,170 (14.4%)ABSTAIN: 132,991 (4.7%)
Largest asset managers voting on “Authorization of the Company to sell or issue shares of its common stock at a price below its then-current NAV” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust1,530,764373,849 122,1100For
CITY NATIONAL ROCHDALE FUNDS370,9710 00For
First Trust135,95233,203 10,8450For
Pear Tree Funds125,5450 00For
WisdomTree26,0850 00For
ETFis Series Trust I24,5460 00For
ProShares22,4570 00For
Northern Trust21,7540 00For
Virtus12,1970 00For
EA Series Trust5,5930 00For
Tidal Trust I3,3500 00For
Northern Lights Fund Trust IV1,9150 00For
Blackstone Alternative Investment Funds1,7000 00For
Invesco510118 360For
Renaissance Investment Group LLC710 00For

13. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-06-18.

99.6% fund support · no official result

FOR 99.5%

The 6 asset managers below cast 99.6% of the shares they voted on this item FOR (206,472 for, 800 against).

FOR: 206,472 (99.6%)AGAINST: 800 (0.4%)NOT VOTED: 119 (0.1%)
Largest asset managers voting on “14A Executive Compensation” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Baker Avenue Asset Management, LP127,4510 00For
EAGLE GLOBAL ADVISORS LLC38,7050 00For
Bramshill Investments, LLC34,8180 00For
Focus Partners Wealth4,598800 00For
MATTERN CAPITAL MANAGEMENT, LLC9000 00For
LEAVELL INVESTMENT MANAGEMENT, INC.00 00Not Voted

14. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-06-18.

100% fund support · no official result

FOR 100%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (339,818 for, 0 against).

FOR: 339,818 (100.0%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
ARES MANAGEMENT LLC201,6060 00For
CREDIT AGRICOLE S A137,4500 00For
TD ASSET MANAGEMENT INC5500 00For
TD Waterhouse Canada Inc.2000 00For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma120 00For

15. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-08-15; no official results are on file for this meeting.

99.8% fund support · no official result

FOR 99.8%

The 4 asset managers below cast 99.8% of the shares they voted on this item FOR (138,650 for, 227 against).

FOR: 138,650 (99.8%)AGAINST: 227 (0.2%)
Largest asset managers voting on “14A Executive Compensation” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Baker Avenue Asset Management, LP115,5020 00For
EAGLE GLOBAL ADVISORS LLC20,4100 00For
Focus Partners Wealth2,680227 00For
MQS Management LLC580 00For

16. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-08-15; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (157,252 for, 0 against).

FOR: 157,252 (100.0%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Hercules Capital, Inc., 2024-2025
Asset managerForAgainst AbstainWithheldVote
ARES MANAGEMENT LLC143,0380 00For
ADVISORY RESEARCH INC14,2140 00For

Largest Hercules Capital, Inc. shareholders voting in 2024-2025

Ranked by the number of Hercules Capital, Inc. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 162,428,000 shares outstanding at the time of that meeting.

Top Hercules Capital, Inc. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1VAN ECK ASSOCIATES CORP 1.97%
2VanEck ETF Trust 1.97%
3Putnam 0.78%
4Legal & General Investment Management Ltd 0.74%
5Two Sigma 0.59%
6STIFEL NICOLAUS & CO INC \MO\ 0.54%
7Hudson Bay Capital Management LP 0.42%
8Gilman Hill Asset Management, LLC 0.32%
9Citadel 0.25%
10Point72 0.24%

Reported Hercules Capital, Inc. ownership

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

Hercules Capital, Inc. beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
Kingdom Holding Company 5.79% DEF14A
Scott Bluestein 1.41% DEF14A
Morgan Stanley 0.97% 13F
Citadel Advisors 0.92% 13F
Two Sigma 0.84% 13F
BlackRock 0.54% 13F
JPMorgan Chase 0.42% 13F
Franklin Templeton 0.37% 13F
Millennium Management 0.25% 13F
Seth H. Meyer 0.24% DEF14A

Percentages above are of 162,428,000 shares outstanding, as reported by Hercules Capital, Inc. on its Form 10-Q dated 2024-06-30 (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 Hercules Capital, Inc.’s 10-Q dated 2024-06-30. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Hercules Capital, Inc.'s 2 shareholder meetings in the 2024-2025 proxy season (held 2024-08-15 and 2025-06-18), 271 asset managers reported how they voted in their SEC Form N-PX filings, covering 751 separate fund positions. Their filings are grouped here into 16 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. Hercules Capital, Inc.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — ADVISORY VOTE TO APPROVE THE COMPANY'S NAMED EXECUTIVE OFFICER COMPENSATION. — the reporting funds cast 87% of the shares they voted in favour (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). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Hercules Capital, Inc. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.