Home › Companies › Xero Limited › 2025-2026
At Xero Limited's shareholder meeting held August 21, 2025, in the 2025-2026 proxy season, 95 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,372 separate fund positions. Their filings are grouped here into 12 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Remuneration Report — the reporting funds and managers cast 44% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings. Page generated November 8, 2026.
No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Xero Limited has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore Xero Limited in the interactive database Compare manager voting policies
Each item below shows how the 95 asset managers that disclosed a Xero Limited 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 Xero Limited’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 2 wordings of this item as funds reported it.
99.3% of fund votes cast · no official result
The 58 asset managers below reported 11,651,839 for, 80,880 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 4,320,331 | 0 | 0 | 0 | For |
| BlackRock | 3,102,773 | 0 | 0 | 0 | For |
| Fidelity | 1,167,024 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 518,759 | 0 | 0 | 0 | For |
| TIAA | 496,249 | 0 | 0 | 0 | For |
| Dimensional | 332,258 | 0 | 0 | 0 | For |
| State Street | 225,365 | 0 | 0 | 0 | For |
| AQR | 210,932 | 0 | 0 | 0 | For |
| American Century | 177,214 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 134,715 | 0 | 0 | 0 | For |
| MoA Funds Corp | 80,213 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 77,306 | 0 | 0 | 0 | For |
| FRANKLIN FUND ALLOCATOR SERIES | 77,293 | 0 | 0 | 0 | For |
| DWS | 73,548 | 0 | 0 | 0 | For |
| JPMorgan | 67,355 | 0 | 0 | 0 | For |
| Equitable | 35,376 | 25,707 | 0 | 0 | Mixed |
| Northern Trust | 49,652 | 10,185 | 0 | 0 | Mixed |
| Grandeur Peak Global Trust | 58,640 | 0 | 0 | 0 | For |
| Aberdeen | 43,143 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 35,148 | 0 | 0 | 0 | For |
| Lincoln Financial | 33,788 | 0 | 0 | 0 | For |
| Invesco | 33,531 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 32,347 | 0 | 0 | 0 | For |
| Empower | 30,355 | 0 | 0 | 0 | For |
| Transamerica | 25,627 | 0 | 0 | 0 | For |
Showing the 25 largest of 58 asset managers. All 58 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.3% of fund votes cast · no official result
The 58 asset managers below reported 11,651,839 for, 80,880 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 4,320,331 | 0 | 0 | 0 | For |
| BlackRock | 3,102,773 | 0 | 0 | 0 | For |
| Fidelity | 1,167,024 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 518,759 | 0 | 0 | 0 | For |
| TIAA | 496,249 | 0 | 0 | 0 | For |
| Dimensional | 332,258 | 0 | 0 | 0 | For |
| State Street | 225,365 | 0 | 0 | 0 | For |
| AQR | 210,932 | 0 | 0 | 0 | For |
| American Century | 177,214 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 134,715 | 0 | 0 | 0 | For |
| MoA Funds Corp | 80,213 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 77,306 | 0 | 0 | 0 | For |
| FRANKLIN FUND ALLOCATOR SERIES | 77,293 | 0 | 0 | 0 | For |
| DWS | 73,548 | 0 | 0 | 0 | For |
| JPMorgan | 67,355 | 0 | 0 | 0 | For |
| Equitable | 35,376 | 25,707 | 0 | 0 | Mixed |
| Northern Trust | 49,652 | 10,185 | 0 | 0 | Mixed |
| Grandeur Peak Global Trust | 58,640 | 0 | 0 | 0 | For |
| Aberdeen | 43,143 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 35,148 | 0 | 0 | 0 | For |
| Lincoln Financial | 33,788 | 0 | 0 | 0 | For |
| Invesco | 33,531 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 32,347 | 0 | 0 | 0 | For |
| Empower | 30,355 | 0 | 0 | 0 | For |
| Transamerica | 25,627 | 0 | 0 | 0 | For |
Showing the 25 largest of 58 asset managers. All 58 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.0% of fund votes cast · no official result
The 58 asset managers below reported 11,619,492 for, 113,227 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 4,320,331 | 0 | 0 | 0 | For |
| BlackRock | 3,102,773 | 0 | 0 | 0 | For |
| Fidelity | 1,167,024 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 518,759 | 0 | 0 | 0 | For |
| TIAA | 496,249 | 0 | 0 | 0 | For |
| Dimensional | 332,258 | 0 | 0 | 0 | For |
| State Street | 225,365 | 0 | 0 | 0 | For |
| AQR | 210,932 | 0 | 0 | 0 | For |
| American Century | 177,214 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 134,715 | 0 | 0 | 0 | For |
| MoA Funds Corp | 80,213 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 77,306 | 0 | 0 | 0 | For |
| FRANKLIN FUND ALLOCATOR SERIES | 77,293 | 0 | 0 | 0 | For |
| DWS | 73,548 | 0 | 0 | 0 | For |
| JPMorgan | 67,355 | 0 | 0 | 0 | For |
| Equitable | 35,376 | 25,707 | 0 | 0 | Mixed |
| Northern Trust | 49,652 | 10,185 | 0 | 0 | Mixed |
| Grandeur Peak Global Trust | 58,640 | 0 | 0 | 0 | For |
| Aberdeen | 43,143 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 35,148 | 0 | 0 | 0 | For |
| Lincoln Financial | 33,788 | 0 | 0 | 0 | For |
| Invesco | 33,531 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 0 | 32,347 | 0 | 0 | Against |
| Empower | 30,355 | 0 | 0 | 0 | For |
| Transamerica | 25,627 | 0 | 0 | 0 | For |
Showing the 25 largest of 58 asset managers. All 58 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
100% of fund votes cast · no official result
The 30 asset managers below reported 3,191,705 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 1,054,140 | 0 | 0 | 0 | For |
| Prudential/PGIM | 939,172 | 0 | 0 | 0 | For |
| Charles Schwab | 441,437 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD FUNDS | 226,534 | 0 | 0 | 0 | For |
| Global X | 95,008 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST III | 51,473 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 50,943 | 0 | 0 | 0 | For |
| John Hancock | 50,712 | 0 | 0 | 0 | For |
| Vanguard | 49,603 | 0 | 0 | 0 | For |
| SEI | 35,732 | 0 | 0 | 0 | For |
| Six Circles Trust | 28,300 | 0 | 0 | 0 | For |
| Nationwide | 27,674 | 0 | 0 | 0 | For |
| Jackson National | 27,576 | 0 | 0 | 0 | For |
| Mercer Funds | 25,293 | 0 | 0 | 0 | For |
| Federated Hermes | 21,212 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 12,946 | 0 | 0 | 0 | For |
| Allianz | 12,800 | 0 | 0 | 0 | For |
| Russell Investments | 11,890 | 0 | 0 | 0 | For |
| Guardian Variable Products Trust | 6,616 | 0 | 0 | 0 | For |
| Morgan Stanley | 4,726 | 0 | 0 | 0 | For |
| Forethought Variable Insurance Trust | 3,900 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 3,769 | 0 | 0 | 0 | For |
| SP Funds Trust | 2,690 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 2,142 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 1,516 | 0 | 0 | 0 | For |
Showing the 25 largest of 30 asset managers. All 30 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
99.9% of fund votes cast · no official result
The 30 asset managers below reported 3,191,486 for, 219 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 1,054,140 | 0 | 0 | 0 | For |
| Prudential/PGIM | 939,172 | 0 | 0 | 0 | For |
| Charles Schwab | 441,437 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD FUNDS | 226,534 | 0 | 0 | 0 | For |
| Global X | 94,789 | 219 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST III | 51,473 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 50,943 | 0 | 0 | 0 | For |
| John Hancock | 50,712 | 0 | 0 | 0 | For |
| Vanguard | 49,603 | 0 | 0 | 0 | For |
| SEI | 35,732 | 0 | 0 | 0 | For |
| Six Circles Trust | 28,300 | 0 | 0 | 0 | For |
| Nationwide | 27,674 | 0 | 0 | 0 | For |
| Jackson National | 27,576 | 0 | 0 | 0 | For |
| Mercer Funds | 25,293 | 0 | 0 | 0 | For |
| Federated Hermes | 21,212 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 12,946 | 0 | 0 | 0 | For |
| Allianz | 12,800 | 0 | 0 | 0 | For |
| Russell Investments | 11,890 | 0 | 0 | 0 | For |
| Guardian Variable Products Trust | 6,616 | 0 | 0 | 0 | For |
| Morgan Stanley | 4,726 | 0 | 0 | 0 | For |
| Forethought Variable Insurance Trust | 3,900 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 3,769 | 0 | 0 | 0 | For |
| SP Funds Trust | 2,690 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 2,142 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 1,516 | 0 | 0 | 0 | For |
Showing the 25 largest of 30 asset managers. All 30 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
100% of fund votes cast · no official result
The 30 asset managers below reported 3,191,705 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 1,054,140 | 0 | 0 | 0 | For |
| Prudential/PGIM | 939,172 | 0 | 0 | 0 | For |
| Charles Schwab | 441,437 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD FUNDS | 226,534 | 0 | 0 | 0 | For |
| Global X | 95,008 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST III | 51,473 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 50,943 | 0 | 0 | 0 | For |
| John Hancock | 50,712 | 0 | 0 | 0 | For |
| Vanguard | 49,603 | 0 | 0 | 0 | For |
| SEI | 35,732 | 0 | 0 | 0 | For |
| Six Circles Trust | 28,300 | 0 | 0 | 0 | For |
| Nationwide | 27,674 | 0 | 0 | 0 | For |
| Jackson National | 27,576 | 0 | 0 | 0 | For |
| Mercer Funds | 25,293 | 0 | 0 | 0 | For |
| Federated Hermes | 21,212 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 12,946 | 0 | 0 | 0 | For |
| Allianz | 12,800 | 0 | 0 | 0 | For |
| Russell Investments | 11,890 | 0 | 0 | 0 | For |
| Guardian Variable Products Trust | 6,616 | 0 | 0 | 0 | For |
| Morgan Stanley | 4,726 | 0 | 0 | 0 | For |
| Forethought Variable Insurance Trust | 3,900 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 3,769 | 0 | 0 | 0 | For |
| SP Funds Trust | 2,690 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 2,142 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 1,516 | 0 | 0 | 0 | For |
Showing the 25 largest of 30 asset managers. All 30 are in the interactive database (link above).
Combines 2 wordings of this item as funds reported it.
44% Fund and manager reports combined; may count the same shares twice · no official result
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 0 | 4,320,331 | 0 | 0 | Against |
| BlackRock | 3,102,773 | 0 | 0 | 0 | For |
| Fidelity | 1,138,083 | 28,941 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 0 | 518,759 | 0 | 0 | Against |
| TIAA | 0 | 496,249 | 0 | 0 | Against |
| Dimensional | 0 | 332,258 | 0 | 0 | Against |
| State Street | 0 | 225,365 | 0 | 0 | Against |
| AQR | 0 | 210,932 | 0 | 0 | Against |
| American Century | 0 | 177,214 | 0 | 0 | Against |
| AIG/SunAmerica | 0 | 134,715 | 0 | 0 | Against |
| MoA Funds Corp | 0 | 80,213 | 0 | 0 | Against |
| MASTER INVESTMENT PORTFOLIO | 77,306 | 0 | 0 | 0 | For |
| FRANKLIN FUND ALLOCATOR SERIES | 0 | 77,293 | 0 | 0 | Against |
| DWS | 0 | 73,548 | 0 | 0 | Against |
| JPMorgan | 0 | 67,355 | 0 | 0 | Against |
| Equitable | 35,376 | 25,707 | 0 | 0 | Mixed |
| Northern Trust | 0 | 59,837 | 0 | 0 | Against |
| Grandeur Peak Global Trust | 58,640 | 0 | 0 | 0 | For |
| Aberdeen | 0 | 43,143 | 0 | 0 | Against |
| WILLIAM BLAIR FUNDS | 0 | 35,148 | 0 | 0 | Against |
| Lincoln Financial | 0 | 33,788 | 0 | 0 | Against |
| Invesco | 0 | 33,531 | 0 | 0 | Against |
| Columbia Threadneedle | 0 | 32,347 | 0 | 0 | Against |
| Empower | 0 | 30,355 | 0 | 0 | Against |
| Transamerica | 0 | 25,627 | 0 | 0 | Against |
Fund voting reports, all 57 managers: 4,428,874 for, 7,302,945 against. Showing the 25 largest; every one is in the interactive database (link above).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 3,043,003 | 7,636 | 0 | 0 | For |
| Plato Investment Management Ltd | 0 | 1,155,497 | 0 | 0 | Against |
| JPMorgan | 0 | 496,173 | 0 | 0 | Against |
| APG Asset Management US Inc. | 0 | 363,975 | 0 | 0 | Against |
| RWC Asset Management LLP | 0 | 900 | 0 | 0 | Against |
Institutional-manager reports, all 5 managers: 3,043,003 for, 2,024,181 against.
92% Fund and manager reports combined; may count the same shares twice · no official result
Description as filed by funds: ADOPTION OF REMUNERATION REPORT
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 1,054,140 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD FUNDS | 226,534 | 0 | 0 | 0 | For |
| John Hancock | 0 | 50,712 | 0 | 0 | Against |
| Six Circles Trust | 28,300 | 0 | 0 | 0 | For |
| Jackson National | 0 | 27,576 | 0 | 0 | Against |
| Bridge Builder Trust | 9,244 | 3,702 | 0 | 0 | Mixed |
| Allianz | 11,343 | 1,457 | 0 | 0 | Mixed |
| Guardian Variable Products Trust | 0 | 6,616 | 0 | 0 | Against |
| Forethought Variable Insurance Trust | 3,900 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 3,769 | 0 | 0 | 0 | For |
| SP Funds Trust | 2,690 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 2,142 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 0 | 1,516 | 0 | 0 | Against |
| RBC FUNDS TRUST | 0 | 1,413 | 0 | 0 | Against |
| Tidal Trust I | 1,169 | 0 | 0 | 0 | For |
| GPS Funds I | 0 | 661 | 0 | 0 | Against |
| RBB FUND, INC. | 449 | 0 | 0 | 0 | For |
Fund voting reports, all 17 managers: 1,343,680 for, 93,653 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 6,115,917 | 493,986 | 0 | 0 | Mixed |
| BAILLIE GIFFORD OVERSEAS LTD | 312,372 | 0 | 0 | 0 | For |
| Broad Peak Investment Advisers Pte Ltd | 166,568 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD & CO LTD | 99,900 | 0 | 0 | 0 | For |
| Korea Investment CORP | 0 | 61,205 | 0 | 0 | Against |
| Northern Trust | 0 | 46,696 | 0 | 0 | Against |
| Treasurer of the State of North Carolina | 0 | 43,959 | 0 | 0 | Against |
| BAILLIE GIFFORD & CO | 40,684 | 0 | 0 | 0 | For |
| 1832 Asset Management L.P. | 0 | 0 | 8,393 | 0 | Abstain |
| PNC BANK, NATIONAL ASSOCIATION | 0 | 235 | 0 | 0 | Against |
| XPONANCE LLC | 209 | 0 | 0 | 0 | For |
| Baillie Gifford Investment Management (Europe) Ltd | 82 | 0 | 0 | 0 | For |
Institutional-manager reports, all 12 managers: 6,735,732 for, 646,081 against, 8,393 abstained.
3% of fund votes cast · no official result
The 13 asset managers below reported 43,598 for, 1,659,831 against, 50,943 unknown. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Prudential/PGIM | 22,386 | 916,786 | 0 | 0 | Against |
| Charles Schwab | 0 | 441,437 | 0 | 0 | Against |
| Global X | 0 | 95,008 | 0 | 0 | Against |
| IMPAX FUNDS SERIES TRUST III | 0 | 51,473 | 0 | 0 | Against |
| IMPAX FUNDS SERIES TRUST I | 0 | 0 | 0 | 0 | -- |
| Vanguard | 0 | 49,603 | 0 | 0 | Against |
| SEI | 0 | 35,732 | 0 | 0 | Against |
| Nationwide | 0 | 27,674 | 0 | 0 | Against |
| Mercer Funds | 0 | 25,293 | 0 | 0 | Against |
| Federated Hermes | 21,212 | 0 | 0 | 0 | For |
| Russell Investments | 0 | 11,890 | 0 | 0 | Against |
| Morgan Stanley | 0 | 4,726 | 0 | 0 | Against |
| Adviser Managed Trust | 0 | 209 | 0 | 0 | Against |
Combines 2 wordings of this item as funds reported it.
100% of fund votes cast · no official result
The 58 asset managers below reported 11,732,719 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 4,320,331 | 0 | 0 | 0 | For |
| BlackRock | 3,102,773 | 0 | 0 | 0 | For |
| Fidelity | 1,167,024 | 0 | 0 | 0 | For |
| Perpetual Americas Funds Trust | 518,759 | 0 | 0 | 0 | For |
| TIAA | 496,249 | 0 | 0 | 0 | For |
| Dimensional | 332,258 | 0 | 0 | 0 | For |
| State Street | 225,365 | 0 | 0 | 0 | For |
| AQR | 210,932 | 0 | 0 | 0 | For |
| American Century | 177,214 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 134,715 | 0 | 0 | 0 | For |
| MoA Funds Corp | 80,213 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 77,306 | 0 | 0 | 0 | For |
| FRANKLIN FUND ALLOCATOR SERIES | 77,293 | 0 | 0 | 0 | For |
| DWS | 73,548 | 0 | 0 | 0 | For |
| JPMorgan | 67,355 | 0 | 0 | 0 | For |
| Equitable | 61,083 | 0 | 0 | 0 | For |
| Northern Trust | 59,837 | 0 | 0 | 0 | For |
| Grandeur Peak Global Trust | 58,640 | 0 | 0 | 0 | For |
| Aberdeen | 43,143 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 35,148 | 0 | 0 | 0 | For |
| Lincoln Financial | 33,788 | 0 | 0 | 0 | For |
| Invesco | 33,531 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 32,347 | 0 | 0 | 0 | For |
| Empower | 30,355 | 0 | 0 | 0 | For |
| Transamerica | 25,627 | 0 | 0 | 0 | For |
Showing the 25 largest of 58 asset managers. All 58 are in the interactive database (link above).
100% of fund votes cast · no official result
Description as filed by funds: AUDITORS FEES AND EXPENSES
The 17 asset managers below reported 1,437,333 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 1,054,140 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD FUNDS | 226,534 | 0 | 0 | 0 | For |
| John Hancock | 50,712 | 0 | 0 | 0 | For |
| Six Circles Trust | 28,300 | 0 | 0 | 0 | For |
| Jackson National | 27,576 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 12,946 | 0 | 0 | 0 | For |
| Allianz | 12,800 | 0 | 0 | 0 | For |
| Guardian Variable Products Trust | 6,616 | 0 | 0 | 0 | For |
| Forethought Variable Insurance Trust | 3,900 | 0 | 0 | 0 | For |
| TIMOTHY PLAN | 3,769 | 0 | 0 | 0 | For |
| SP Funds Trust | 2,690 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 2,142 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 1,516 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,413 | 0 | 0 | 0 | For |
| Tidal Trust I | 1,169 | 0 | 0 | 0 | For |
| GPS Funds I | 661 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 449 | 0 | 0 | 0 | For |
100% of fund votes cast · no official result
The 13 asset managers below reported 1,754,372 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Prudential/PGIM | 939,172 | 0 | 0 | 0 | For |
| Charles Schwab | 441,437 | 0 | 0 | 0 | For |
| Global X | 95,008 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST III | 51,473 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 50,943 | 0 | 0 | 0 | For |
| Vanguard | 49,603 | 0 | 0 | 0 | For |
| SEI | 35,732 | 0 | 0 | 0 | For |
| Nationwide | 27,674 | 0 | 0 | 0 | For |
| Mercer Funds | 25,293 | 0 | 0 | 0 | For |
| Federated Hermes | 21,212 | 0 | 0 | 0 | For |
| Russell Investments | 11,890 | 0 | 0 | 0 | For |
| Morgan Stanley | 4,726 | 0 | 0 | 0 | For |
| Adviser Managed Trust | 209 | 0 | 0 | 0 | For |
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.
| # | Asset manager | Shares voted |
|---|---|---|
| 1 | Vanguard | 4,320,331 |
| 2 | BlackRock | 3,102,773 |
| 3 | Fidelity | 1,167,024 |
| 4 | Perpetual Americas Funds Trust | 518,759 |
| 5 | TIAA | 496,249 |
| 6 | Dimensional | 332,258 |
| 7 | State Street | 225,365 |
| 8 | AQR | 210,932 |
| 9 | American Century | 177,214 |
| 10 | AIG/SunAmerica | 134,715 |
| # | Asset manager | Shares voted |
|---|---|---|
| 1 | BlackRock | 6,609,903 |
| 2 | BAILLIE GIFFORD OVERSEAS LTD | 312,372 |
| 3 | Broad Peak Investment Advisers Pte Ltd | 166,568 |
| 4 | BAILLIE GIFFORD & CO LTD | 99,900 |
| 5 | Korea Investment CORP | 61,205 |
| 6 | Northern Trust | 46,696 |
| 7 | Treasurer of the State of North Carolina | 43,959 |
| 8 | BAILLIE GIFFORD & CO | 40,684 |
| 9 | 1832 Asset Management L.P. | 8,393 |
| 10 | PNC BANK, NATIONAL ASSOCIATION | 235 |
Shown as share counts, not percentages: no shares-outstanding figure has been matched to Xero Limited for the 2025-2026 season, so there is no denominator to divide by.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
Xero Limited proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
proxyvotesnow.com, “Xero Limited 2025 Annual Meeting (2025-2026 season): Vote Results”, https://proxyvotesnow.com/company/xero-limited/2026 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.