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Compiled from SEC Form N-PX filings and TELEPHONE AND DATA SYSTEMS INC.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.
Explore TELEPHONE AND DATA SYSTEMS INC. in the interactive database Compare manager voting policies
These tallies are TELEPHONE AND DATA SYSTEMS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (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 |
|---|---|---|---|---|---|---|
| Elect Director: James W. Butman | 73,886,320 | -- | -- | 2,960 | 2,004 | Majority: yes |
| Elect Director: LeRoy T. Carlson, Jr. | 73,886,320 | -- | -- | 2,960 | 2,004 | Majority: yes |
| Elect Director: Letitia G. Carlson, M.D. | 73,886,320 | -- | -- | 2,960 | 2,004 | Majority: yes |
| Elect Director: Prudence E. Carlson | 73,886,320 | -- | -- | 2,960 | 2,004 | Majority: yes |
| Elect Director: Walter C. D. Carlson | 73,886,320 | -- | -- | 2,960 | 2,004 | Majority: yes |
| Elect Director: Napoleon B. Rutledge, Jr. | 73,889,280 | -- | -- | -- | 2,004 | Outcome not stated |
| Elect Director: Vicki L. Villacrez | 73,886,320 | -- | -- | 2,960 | 2,004 | Majority: yes |
| Elect Director: Dirk S. Woessner | 73,889,280 | -- | -- | -- | 2,004 | Outcome not stated |
| Elect Director: Kimberly D. Dixon | 73,709,637 | -- | -- | 14,439,078 | 7,086,011 | Majority: yes |
| Elect Director: Christopher D. O'Leary | 66,867,822 | -- | -- | 21,280,893 | 7,086,011 | Majority: yes |
| Elect Director: George W. Off | 64,987,946 | -- | -- | 23,160,769 | 7,086,011 | Majority: yes |
| Elect Director: Wade Oosterman | 74,268,135 | -- | -- | 13,880,580 | 7,086,011 | Majority: yes |
| Proposal 2: Proposal to ratify the selection of PricewaterhouseCoopers LLP as our Independent Registered Public Accountants for the year ending December 31, 2025. | 123,450,954 | 685,847 | 833,056 | -- | -- | Majority: yes |
| Proposal 3: Proposal to approve, on an advisory basis, the compensation of our named executive officers as disclosed in TDS' Proxy Statement dated April 9, 2025 (commonly known as "Say-on-Pay"). | 111,460,476 | 8,780,750 | 926,088 | -- | 3,802,543 | Majority: yes |
Source: TELEPHONE AND DATA SYSTEMS INC., Form 8-K — read the filing on EDGAR.
Each item below shows how the 325 asset managers that disclosed a TELEPHONE AND DATA SYSTEMS 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 TELEPHONE AND DATA SYSTEMS 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.
Combines 5 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
TELEPHONE AND DATA SYSTEMS INC.’s own tally for this item (“Proposal 3: Proposal to approve, on an advisory basis, the compensation of our named executive officers as disclosed in TDS' Proxy Statement dated April 9, 2025 (commonly known as "Say-on-Pay").”): 111,460,476 for, 8,780,750 against, per its Form 8-K (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 321 asset managers below cast 78% of the shares they voted on this item FOR (70,442,172 for, 20,183,234 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 14,503,441 | 102,953 | 0 | 0 | For |
| Vanguard | 11,780,820 | 4,195 | 4 | 0 | For |
| American Century | 0 | 6,795,777 | 0 | 0 | Against |
| Dimensional | 0 | 6,172,577 | 0 | 0 | Against |
| Third Point | 5,568,227 | 0 | 0 | 0 | For |
| State Street | 5,224,403 | 118,835 | 0 | 0 | For |
| Fidelity | 3,900,040 | 0 | 0 | 0 | For |
| Gabelli | 3,735,660 | 21,400 | 0 | 0 | For |
| Charles Schwab | 2,353,028 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 2,298,333 | 0 | 0 | 0 | For |
| Silver Point Capital L.P. | 2,204,997 | 0 | 0 | 0 | For |
| Invesco | 1,814,731 | 0 | 0 | 0 | For |
| Goldman Sachs | 1,170,896 | 0 | 0 | 0 | For |
| Nuveen | 1,158,679 | 0 | 0 | 0 | For |
| Northern Trust | 1,091,099 | 0 | 0 | 0 | For |
| TIAA | 1,087,389 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 0 | 1,067,652 | 0 | 0 | Against |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 882,385 | 0 | 0 | 0 | For |
| PRIVATE MANAGEMENT GROUP INC | 774,430 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 706,875 | 0 | 0 | 0 | For |
| Equitable | 676,069 | 0 | 0 | 0 | For |
| TCW GROUP INC | 0 | 572,132 | 0 | 0 | Against |
| REDWOOD CAPITAL MANAGEMENT, LLC | 0 | 570,213 | 0 | 0 | Against |
| Prudential/PGIM | 523,052 | 23,017 | 0 | 0 | For |
| Diameter Capital Partners LP | 525,000 | 0 | 0 | 0 | For |
Showing the 25 largest of 321 asset managers. See all 321 in the interactive database.
Combines 5 wordings of this item as funds reported it.
76% Majority: yes · of votes cast
TELEPHONE AND DATA SYSTEMS INC.’s own tally for this item (“Elect Director: Christopher D. O'Leary”): 66,867,822 for, 21,280,893 withheld, per its Form 8-K (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 87 asset managers below cast 100% of the shares they voted on this item FOR (34,899,099 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,419,087 | 0 | 57 | 0 | For |
| BlackRock | 10,939,550 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 5,555,588 | 0 | Abstain |
| American Century | 3,346,863 | 0 | 0 | 0 | For |
| Fidelity | 3,041,181 | 0 | 0 | 0 | For |
| Gabelli | 0 | 0 | 1,795,950 | 0 | Abstain |
| State Street | 40,510 | 0 | 1,588,899 | 0 | Abstain |
| Charles Schwab | 1,125,125 | 0 | 0 | 0 | For |
| TIAA | 0 | 0 | 1,087,357 | 0 | Abstain |
| Columbia Threadneedle | 1,067,652 | 0 | 0 | 0 | For |
| Invesco | 733,250 | 0 | 0 | 0 | For |
| Equitable | 157,459 | 0 | 105,410 | 0 | Withheld |
| Goldman Sachs | 434,040 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 0 | 0 | 406,200 | 0 | Abstain |
| Jackson National | 157,478 | 0 | 245,034 | 0 | Abstain |
| EA Series Trust | 16,846 | 0 | 373,021 | 0 | Abstain |
| PIMCO | 253,387 | 0 | 0 | 0 | For |
| Prudential/PGIM | 157,610 | 0 | 16,467 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 168,106 | 0 | 0 | 0 | For |
| MoA Funds Corp | 166,473 | 0 | 0 | 0 | For |
| JPMorgan | 157,719 | 0 | 0 | 0 | For |
| Lincoln Financial | 57,426 | 0 | 88,184 | 0 | Abstain |
| Thrivent | 127,190 | 0 | 0 | 0 | For |
| Voya | 0 | 0 | 115,857 | 0 | Abstain |
| Pacific Life | 113,018 | 0 | 0 | 0 | For |
Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.
Combines 4 wordings of this item as funds reported it.
74% Majority: yes · of votes cast
TELEPHONE AND DATA SYSTEMS INC.’s own tally for this item (“Elect Director: George W. Off”): 64,987,946 for, 23,160,769 withheld, per its Form 8-K (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 87 asset managers below cast 100% of the shares they voted on this item FOR (35,167,461 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,414,921 | 0 | 4,223 | 0 | For |
| BlackRock | 10,939,550 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 5,555,588 | 0 | Abstain |
| American Century | 3,346,863 | 0 | 0 | 0 | For |
| Fidelity | 3,041,181 | 0 | 0 | 0 | For |
| Gabelli | 0 | 0 | 1,795,950 | 0 | Abstain |
| State Street | 40,510 | 0 | 1,588,899 | 0 | Abstain |
| Charles Schwab | 0 | 0 | 1,125,125 | 0 | Abstain |
| TIAA | 1,087,357 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,067,652 | 0 | 0 | 0 | For |
| Invesco | 733,250 | 0 | 0 | 0 | For |
| Equitable | 157,459 | 0 | 105,410 | 0 | Withheld |
| Goldman Sachs | 434,040 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 0 | 0 | 406,200 | 0 | Abstain |
| Jackson National | 373,330 | 0 | 29,182 | 0 | For |
| EA Series Trust | 19,619 | 0 | 370,248 | 0 | Abstain |
| PIMCO | 253,387 | 0 | 0 | 0 | For |
| Prudential/PGIM | 157,610 | 0 | 16,467 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 168,106 | 0 | 0 | 0 | For |
| MoA Funds Corp | 166,473 | 0 | 0 | 0 | For |
| JPMorgan | 157,719 | 0 | 0 | 0 | For |
| Lincoln Financial | 57,426 | 0 | 88,184 | 0 | Abstain |
| Thrivent | 127,190 | 0 | 0 | 0 | For |
| Voya | 0 | 0 | 115,857 | 0 | Abstain |
| Pacific Life | 113,018 | 0 | 0 | 0 | For |
Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.
Combines 4 wordings of this item as funds reported it.
84% Majority: yes · of votes cast
TELEPHONE AND DATA SYSTEMS INC.’s own tally for this item (“Elect Director: Kimberly D. Dixon”): 73,709,637 for, 14,439,078 withheld, per its Form 8-K (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 87 asset managers below cast 100% of the shares they voted on this item FOR (38,184,809 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,419,106 | 0 | 38 | 0 | For |
| BlackRock | 10,939,550 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 5,555,588 | 0 | Abstain |
| American Century | 3,346,863 | 0 | 0 | 0 | For |
| Fidelity | 3,041,181 | 0 | 0 | 0 | For |
| Gabelli | 0 | 0 | 1,795,950 | 0 | Abstain |
| State Street | 1,569,992 | 0 | 59,417 | 0 | For |
| Charles Schwab | 1,125,125 | 0 | 0 | 0 | For |
| TIAA | 1,087,357 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,067,652 | 0 | 0 | 0 | For |
| Invesco | 733,250 | 0 | 0 | 0 | For |
| Equitable | 157,459 | 0 | 105,410 | 0 | Withheld |
| Goldman Sachs | 434,040 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 0 | 0 | 406,200 | 0 | Abstain |
| Jackson National | 373,330 | 0 | 29,182 | 0 | For |
| EA Series Trust | 19,619 | 0 | 370,248 | 0 | Abstain |
| PIMCO | 253,387 | 0 | 0 | 0 | For |
| Prudential/PGIM | 157,610 | 0 | 16,467 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 168,106 | 0 | 0 | 0 | For |
| MoA Funds Corp | 166,473 | 0 | 0 | 0 | For |
| JPMorgan | 157,719 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,126 | 0 | 15,484 | 0 | For |
| Thrivent | 127,190 | 0 | 0 | 0 | For |
| Voya | 0 | 0 | 115,857 | 0 | Abstain |
| Pacific Life | 113,018 | 0 | 0 | 0 | For |
Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.
Combines 4 wordings of this item as funds reported it.
84% Majority: yes · of votes cast
TELEPHONE AND DATA SYSTEMS INC.’s own tally for this item (“Elect Director: Wade Oosterman”): 74,268,135 for, 13,880,580 withheld, per its Form 8-K (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 87 asset managers below cast 100% of the shares they voted on this item FOR (38,186,496 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,419,107 | 0 | 37 | 0 | For |
| BlackRock | 10,939,550 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 5,555,588 | 0 | Abstain |
| American Century | 3,346,863 | 0 | 0 | 0 | For |
| Fidelity | 3,041,181 | 0 | 0 | 0 | For |
| Gabelli | 0 | 0 | 1,795,950 | 0 | Abstain |
| State Street | 1,569,992 | 0 | 59,417 | 0 | For |
| Charles Schwab | 1,125,125 | 0 | 0 | 0 | For |
| TIAA | 1,087,357 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,067,652 | 0 | 0 | 0 | For |
| Invesco | 733,250 | 0 | 0 | 0 | For |
| Equitable | 157,459 | 0 | 105,410 | 0 | Withheld |
| Goldman Sachs | 434,040 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 0 | 0 | 406,200 | 0 | Abstain |
| Jackson National | 373,330 | 0 | 29,182 | 0 | For |
| EA Series Trust | 19,619 | 0 | 370,248 | 0 | Abstain |
| PIMCO | 253,387 | 0 | 0 | 0 | For |
| Prudential/PGIM | 157,610 | 0 | 16,467 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 168,106 | 0 | 0 | 0 | For |
| MoA Funds Corp | 166,473 | 0 | 0 | 0 | For |
| JPMorgan | 157,719 | 0 | 0 | 0 | For |
| Lincoln Financial | 130,126 | 0 | 15,484 | 0 | For |
| Thrivent | 127,190 | 0 | 0 | 0 | For |
| Voya | 0 | 0 | 115,857 | 0 | Abstain |
| Pacific Life | 113,018 | 0 | 0 | 0 | For |
Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.
Combines 3 wordings of this item as funds reported it.
99.4% Majority: yes · of votes cast
TELEPHONE AND DATA SYSTEMS INC.’s own tally for this item (“Proposal 2: Proposal to ratify the selection of PricewaterhouseCoopers LLP as our Independent Registered Public Accountants for the year ending December 31, 2025.”): 123,450,954 for, 685,847 against, per its Form 8-K (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 87 asset managers below cast 99.0% of the shares they voted on this item FOR (46,731,265 for, 454,101 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 11,414,976 | 4,164 | 4 | 0 | For |
| BlackRock | 10,939,550 | 0 | 0 | 0 | For |
| Dimensional | 5,555,588 | 0 | 0 | 0 | For |
| American Century | 3,346,863 | 0 | 0 | 0 | For |
| Fidelity | 3,041,181 | 0 | 0 | 0 | For |
| Gabelli | 1,795,950 | 0 | 0 | 0 | For |
| State Street | 1,629,352 | 57 | 0 | 0 | For |
| Charles Schwab | 1,125,125 | 0 | 0 | 0 | For |
| TIAA | 1,087,357 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,067,652 | 0 | 0 | 0 | For |
| Invesco | 733,250 | 0 | 0 | 0 | For |
| Equitable | 676,069 | 0 | 0 | 0 | For |
| Goldman Sachs | 434,040 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 406,200 | 0 | 0 | 0 | For |
| Jackson National | 402,512 | 0 | 0 | 0 | For |
| EA Series Trust | 19,619 | 370,248 | 0 | 0 | Against |
| PIMCO | 253,387 | 0 | 0 | 0 | For |
| Prudential/PGIM | 174,077 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 168,106 | 0 | 0 | 0 | For |
| MoA Funds Corp | 166,473 | 0 | 0 | 0 | For |
| JPMorgan | 157,719 | 0 | 0 | 0 | For |
| Lincoln Financial | 145,610 | 0 | 0 | 0 | For |
| Thrivent | 127,190 | 0 | 0 | 0 | For |
| Voya | 115,857 | 0 | 0 | 0 | For |
| Pacific Life | 113,018 | 0 | 0 | 0 | For |
Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.
99.4% Majority: yes · of votes cast
TELEPHONE AND DATA SYSTEMS INC.’s own tally for this item (“Proposal 2: Proposal to ratify the selection of PricewaterhouseCoopers LLP as our Independent Registered Public Accountants for the year ending December 31, 2025.”): 123,450,954 for, 685,847 against, per its Form 8-K (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. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,423 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Virtus | 1,366 | 0 | 0 | 0 | For |
| Simplify Exchange Traded Funds | 57 | 0 | 0 | 0 | For |
Ranked by the number of TELEPHONE AND DATA SYSTEMS INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 114,000,000 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | BlackRock | 12.81% |
| 2 | Vanguard | 10.34% |
| 3 | American Century | 5.96% |
| 4 | Dimensional | 5.41% |
| 5 | Third Point | 4.88% |
| 6 | State Street | 4.69% |
| 7 | Fidelity | 3.42% |
| 8 | Gabelli | 3.30% |
| 9 | Charles Schwab | 2.07% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 2.02% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| Holder | % outstanding | Disclosure |
|---|---|---|
| Telephone and Data Systems, Inc. | 62.10% | 13D |
| BlackRock | 13.49% | 13F |
| The Trustees of Amendment and Restatement (dated as of April 22, 2005) of Voting Trust und | 11.86% | 13D |
| TELEPHONE & DATA SYSTEMS INC VOTING TRUST 1989 | 11.85% | 13D |
| Vanguard Group | 10.06% | 13F |
| Series A Common Shares | 6.61% | DEF14A |
| Dimensional Fund Advisors | 5.57% | 13F |
| Walter C. D. Carlson, Letitia G. Carlson, M.D., Prudence E. Carlson and Anthony J. M. Carl | 5.52% | DEF14A |
| State Street | 3.52% | 13F |
| Goldman Sachs | 3.01% | 13F |
Percentages above are of 114,000,000 shares outstanding, as reported by TELEPHONE AND DATA SYSTEMS INC. on its Form 10-Q dated 2025-03-31 (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.
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 TELEPHONE AND DATA SYSTEMS INC.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.
At TELEPHONE AND DATA SYSTEMS INC.'s shareholder meeting held 2025-05-22, in the 2024-2025 proxy season, 325 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,411 separate fund positions. Their filings are grouped here into 7 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 — Advisory vote to approve executive compensation — FOR was 93% 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: TELEPHONE AND DATA SYSTEMS INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).
TELEPHONE AND DATA SYSTEMS INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.