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Compiled from SEC Form N-PX filings and NUSTAR ENERGY LP’s Form 8-K, filed 2024-05-02 (Item 5.07 on EDGAR). Page generated 02 October 2026.
Proxy season: 2023-2024
Explore NUSTAR ENERGY LP in the interactive database Compare manager voting policies
These tallies are NUSTAR ENERGY LP’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-05-02 (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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Outcome |
|---|---|---|---|---|---|---|
| Proposal 1: The Merger Proposal : To approve and adopt the Agreement and Plan of Merger, by and among NuStar, Sunoco, Merger Sub, NuStar GP, NuStar Managing GP, and Sunoco GP, and the transactions contemplated thereby, including the merger of Merger Sub with a | 87,139,499 | 1,092,545 | 351,170 | -- | -- | Majority: yes |
| Proposal 2: The Compensation Proposal : To approve, by a non-binding, advisory vote, the compensation that may be received by NuStar Managing GP's named executive officers in connection with the Merger. | 19,230,848 | 68,775,235 | 577,131 | -- | -- | Majority: no |
Source: NUSTAR ENERGY LP, Form 8-K, filed with the SEC on 2024-05-02 — read the filing on EDGAR.
Each item below shows how the 155 asset managers that disclosed a NUSTAR ENERGY LP 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 NUSTAR ENERGY LP’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.
Meeting held 2024-05-01.
Combines 16 wordings of this item as funds reported it.
22% Majority: no · of votes cast
NUSTAR ENERGY LP’s own tally for this item (“Proposal 2: The Compensation Proposal : To approve, by a non-binding, advisory vote, the compensation that may be received by NuStar Managing GP's named executive officers in connection with the Merger.”): 19,230,848 for, 68,775,235 against, per its Form 8-K filed 2024-05-02 (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 126,535,349 outstanding shares: 15% for, 54.4% against (70% of the company cast a for/against vote).
The 147 asset managers below cast 9% of the shares they voted on this item FOR (7,366,301 for, 78,279,248 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 0 | 36,972,048 | 0 | 0 | Against |
| ALPS ETF Trust | 0 | 20,203,057 | 0 | 0 | Against |
| Global X | 0 | 5,387,200 | 0 | 0 | Against |
| ETFis Series Trust I | 2,728,563 | 0 | 0 | 0 | For |
| Clearbridge Investments, LLC | 0 | 2,149,680 | 0 | 0 | Against |
| Blackstone Inc. | 0 | 1,959,974 | 0 | 0 | Against |
| TORTOISE CAPITAL ADVISORS, L.L.C. | 0 | 1,896,468 | 0 | 0 | Against |
| Managed Portfolio Series | 0 | 1,698,258 | 0 | 0 | Against |
| KAYNE ANDERSON CAPITAL ADVISORS LP | 1,513,590 | 0 | 0 | 0 | For |
| Neuberger Berman | 0 | 1,415,782 | 0 | 0 | Against |
| BROOKFIELD Corp /ON/ | 0 | 1,221,271 | 0 | 0 | Against |
| Brookfield Investment Funds | 0 | 1,087,356 | 0 | 0 | Against |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 0 | 1,047,470 | 0 | 0 | Against |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 0 | 603,210 | 0 | 0 | Against |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 587,039 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 0 | 499,000 | 0 | 0 | Against |
| JENNISON ASSOCIATES LLC | 454,842 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| Goldman Sachs | 181,616 | 180,527 | 0 | 0 | For |
| Maryland State Retirement & Pension System | 0 | 275,336 | 0 | 0 | Against |
| First Trust | 48,794 | 170,466 | 0 | 0 | Against |
| CAPTRUST FINANCIAL ADVISORS | 0 | 150,654 | 0 | 0 | Against |
| RBC Capital Markets, LLC | 0 | 122,792 | 0 | 0 | Against |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 0 | 113,509 | 0 | 0 | Against |
Showing the 25 largest of 147 asset managers. See all 147 in the interactive database.
Meeting held 2024-05-01.
Combines 6 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
NUSTAR ENERGY LP’s own tally for this item (“Proposal 1: The Merger Proposal : To approve and adopt the Agreement and Plan of Merger, by and among NuStar, Sunoco, Merger Sub, NuStar GP, NuStar Managing GP, and Sunoco GP, and the transactions contemplated thereby, i”): 87,139,499 for, 1,092,545 against, per its Form 8-K filed 2024-05-02 (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 126,535,349 outstanding shares: 69% for, 0.9% against (70% of the company cast a for/against vote).
The 32 asset managers below cast 100% of the shares they voted on this item FOR (55,343,442 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| ALPS ETF Trust | 20,203,057 | 0 | 0 | 0 | For |
| Invesco | 18,482,140 | 0 | 0 | 0 | For |
| Global X | 5,387,200 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,728,563 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,698,258 | 0 | 0 | 0 | For |
| Brookfield Investment Funds | 1,087,356 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 587,039 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 219,260 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 90,814 | 0 | 0 | 0 | For |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 75,888 | 0 | 0 | 0 | For |
| USCF ETF Trust | 61,766 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,675 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 35,918 | 0 | 0 | 0 | For |
Showing the 25 largest of 32 asset managers. See all 32 in the interactive database.
Meeting held 2024-04-23; no official results are on file for this meeting.
Combines 4 wordings of this item as funds reported it.
100% fund support · no official result
The 30 asset managers below cast 100% of the shares they voted on this item FOR (55,446,747 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| ALPS ETF Trust | 20,080,390 | 0 | 0 | 0 | For |
| Invesco | 18,518,895 | 0 | 0 | 0 | For |
| Global X | 5,314,793 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,559,800 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,709,139 | 0 | 0 | 0 | For |
| Brookfield Investment Funds | 1,524,776 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 671,002 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 193,549 | 0 | 0 | 0 | For |
| USCF ETF Trust | 0 | 0 | 122,316 | 0 | Abstain |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 89,988 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 78,791 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 42,858 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,639 | 0 | 0 | 0 | For |
Showing the 25 largest of 30 asset managers. See all 30 in the interactive database.
Meeting held 2024-04-23; no official results are on file for this meeting.
Combines 4 wordings of this item as funds reported it.
100% fund support · no official result
The 30 asset managers below cast 100% of the shares they voted on this item FOR (55,440,686 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| ALPS ETF Trust | 20,080,390 | 0 | 0 | 0 | For |
| Invesco | 18,518,895 | 0 | 0 | 0 | For |
| Global X | 5,314,793 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,559,800 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,580,762 | 0 | 128,377 | 0 | For |
| Brookfield Investment Funds | 1,524,776 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 671,002 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 193,549 | 0 | 0 | 0 | For |
| USCF ETF Trust | 122,316 | 0 | 0 | 0 | For |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 89,988 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 78,791 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 42,858 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,639 | 0 | 0 | 0 | For |
Showing the 25 largest of 30 asset managers. See all 30 in the interactive database.
Meeting held 2024-04-23; no official results are on file for this meeting.
Combines 4 wordings of this item as funds reported it.
100% fund support · no official result
The 30 asset managers below cast 100% of the shares they voted on this item FOR (55,569,063 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| ALPS ETF Trust | 20,080,390 | 0 | 0 | 0 | For |
| Invesco | 18,518,895 | 0 | 0 | 0 | For |
| Global X | 5,314,793 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,559,800 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,709,139 | 0 | 0 | 0 | For |
| Brookfield Investment Funds | 1,524,776 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 671,002 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 193,549 | 0 | 0 | 0 | For |
| USCF ETF Trust | 122,316 | 0 | 0 | 0 | For |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 89,988 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 78,791 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 42,858 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,639 | 0 | 0 | 0 | For |
Showing the 25 largest of 30 asset managers. See all 30 in the interactive database.
Meeting held 2024-05-01.
Combines 4 wordings of this item as funds reported it.
99.9% fund support · no official result
The 30 asset managers below cast 99.9% of the shares they voted on this item FOR (55,280,057 for, 1,357 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| ALPS ETF Trust | 20,203,057 | 0 | 0 | 0 | For |
| Invesco | 18,482,140 | 0 | 0 | 0 | For |
| Global X | 5,387,200 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,728,563 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,698,258 | 0 | 0 | 0 | For |
| Brookfield Investment Funds | 1,087,356 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 587,039 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 219,260 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 90,814 | 0 | 0 | 0 | For |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 75,888 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,675 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 35,918 | 0 | 0 | 0 | For |
| LOCORR INVESTMENT TRUST | 30,743 | 0 | 0 | 0 | For |
Showing the 25 largest of 30 asset managers. See all 30 in the interactive database.
Meeting held 2024-04-23; no official results are on file for this meeting.
Combines 4 wordings of this item as funds reported it.
99.7% fund support · no official result
The 29 asset managers below cast 99.7% of the shares they voted on this item FOR (54,336,670 for, 128,377 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| ALPS ETF Trust | 20,080,390 | 0 | 0 | 0 | For |
| Invesco | 18,518,895 | 0 | 0 | 0 | For |
| Global X | 5,314,793 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,559,800 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,580,762 | 128,377 | 0 | 0 | For |
| Brookfield Investment Funds | 1,524,776 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 0 | 0 | 0 | 0 | Unknown |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 671,002 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 193,549 | 0 | 0 | 0 | For |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 89,988 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 78,791 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 42,858 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,639 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 24,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.
Meeting held 2024-05-01.
100% fund support · no official result
The 3 asset managers below cast 100% of the shares they voted on this item FOR (61,766 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Fractal Investments LLC | 0 | 0 | 0 | 0 | Unknown |
| MILLER HOWARD INVESTMENTS INC /NY | 0 | 0 | 0 | 0 | One Year |
| USCF ETF Trust | 61,766 | 0 | 0 | 0 | For |
Ranked by the number of NUSTAR ENERGY LP shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 126,535,349 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Invesco | 29.22% |
| 2 | ALPS ETF Trust | 15.97% |
| 3 | Global X | 4.26% |
| 4 | ETFis Series Trust I | 2.16% |
| 5 | Clearbridge Investments, LLC | 1.70% |
| 6 | Blackstone Inc. | 1.55% |
| 7 | TORTOISE CAPITAL ADVISORS, L.L.C. | 1.50% |
| 8 | Managed Portfolio Series | 1.34% |
| 9 | KAYNE ANDERSON CAPITAL ADVISORS LP | 1.20% |
| 10 | Neuberger Berman | 1.12% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| Holder | % outstanding | Disclosure |
|---|---|---|
| ALPS Advisors, Inc. | 15.69% | DEF14A |
| Invesco | 14.62% | 13F |
| William E. Greehey | 7.92% | DEF14A |
| Citadel Advisors | 0.08% | 13F |
Percentages above are of 126,535,349 shares outstanding, as reported by NUSTAR ENERGY LP on its Form 10-Q dated 2024-04-26 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.
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 NUSTAR ENERGY LP’s 10-Q dated 2024-04-26. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.
At NUSTAR ENERGY LP's 2 shareholder meetings in the 2023-2024 proxy season (held 2024-04-23 and 2024-05-01), 155 asset managers reported how they voted in their SEC Form N-PX filings, covering 419 separate fund positions. Their filings are grouped here into 8 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 of the season, voted at the meeting held 2024-05-01 — The Compensation Proposal: To approve, by a non-binding, advisory vote, the compensation that… — FOR was 22% 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 not more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: NUSTAR ENERGY LP's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2024-05-02.
NUSTAR ENERGY LP proxy season coverage: 2023-2024 (this page).