Home › Asset managers › Advisors' Inner Circle Fund III › 2025-2026 › Against the board
At least 6,060 proposals in the 2025-2026 proxy season: Advisors' Inner Circle Fund III voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 60 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Advisors' Inner Circle Fund III voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.
Everything Only shareholder proposals it backed
6,060 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Advisors' Inner Circle Fund III voted | Funds |
|---|---|---|---|---|---|---|---|
| Lindsay Corporation | January 6, 2026 | Elect Michael Christodolou | Director Elections | Board | WITHHOLD | 1 | |
| Lineage, Inc. | June 9, 2026 | Election of Directors: Adam Forste | Director Elections | Board | AGAINST | 1 | |
| Lineage, Inc. | June 9, 2026 | Election of Directors: Kevin Marchetti | Director Elections | Board | AGAINST | 1 | |
| Lineage, Inc. | June 9, 2026 | Election of Directors: Luke Taylor | Director Elections | Board | AGAINST | 1 | |
| LiveRamp Holdings, Inc. | August 12, 2025 | Approval of an increase in the number of shares available for issuance under the Company's Amended and Restated 2005 Equity Compensation Plan. | Compensation | Board | AGAINST | 1 | |
| Lockheed Martin Corporation | May 12, 2026 | Election of Nine Directors: Thomas J. Falk | Director Elections | Board | AGAINST | 1 | |
| Longfor Group Holdings Limited | June 18, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Longfor Group Holdings Limited | June 18, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Longfor Group Holdings Limited | June 18, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Lundin Mining Corporation | May 7, 2026 | Elect Director Adam I. Lundin | Director Elections | Board | AGAINST | 1 | |
| Luxshare Precision Industry Co. Ltd. | December 22, 2025 | Approve Estimated Amount of External Guarantees | Capital Structure | Board | AGAINST | 1 | |
| M&A Capital Partners Co., Ltd. | December 25, 2025 | Elect Director Nakamura, Satoru | Director Elections | Board | AGAINST | 1 | |
| M&T BANK CORPORATION | April 21, 2026 | TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF M&T BANK CORPORATION FOR THE YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| M/I HOMES, INC. | May 13, 2026 | TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS M/I HOMES, INC.'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2026 FISCAL YEAR. | Audit-related | Board | AGAINST | 1 | |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC | March 5, 2026 | DIRECTOR: CHARLES BLAND | Director Elections | Board | WITHHOLD | 1 | |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC | March 5, 2026 | DIRECTOR: PETER CHUNG | Director Elections | Board | WITHHOLD | 1 | |
| MACOM Technology Solutions Holdings, Inc. | March 5, 2026 | Elect Jihye Whang Rosenband | Director Elections | Board | WITHHOLD | 1 | |
| MACROGENICS, INC. | May 19, 2026 | TO APPROVE THE AMENDMENT TO THE MACROGENICS, INC. 2023 EQUITY INCENTIVE PLAN, AS DISCLOSED IN THE PROXY MATERIALS. | Compensation | Board | AGAINST | 1 | |
| MACY'S INC. | May 15, 2026 | APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE MACY'S, INC. 2024 EQUITY AND INCENTIVE COMPENSATION PLAN. | Compensation | Board | AGAINST | 1 | |
| MACY'S INC. | May 15, 2026 | ELECTION OF DIRECTOR: DEIRDRE P. CONNELLY | Director Elections | Board | AGAINST | 1 | |
| MACY'S INC. | May 15, 2026 | ELECTION OF DIRECTOR: PAUL C. VARGA | Director Elections | Board | AGAINST | 1 | |
| MACY'S INC. | May 15, 2026 | ELECTION OF DIRECTOR: TORRENCE N. BOONE | Director Elections | Board | AGAINST | 1 | |
| MACY'S INC. | May 15, 2026 | RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Audit-related | Board | AGAINST | 1 | |
| MADISON SQUARE GARDEN ENTERTAINMENT CORP | December 10, 2025 | APPROVAL OF, ON AN ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS. | Say-on-Pay | Board | AGAINST | 1 | |
| MADISON SQUARE GARDEN SPORTS CORP. | December 8, 2025 | APPROVAL OF, ON AN ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS. | Say-on-Pay | Board | AGAINST | 1 | |
| MAGNERA CORPORATION | March 9, 2026 | ADVISORY APPROVAL OF THE COMPANY'S NAMED EXECUTIVE OFFICER COMPENSATION FOR THE FISCAL YEAR ENDED SEPTEMBER 27, 2025. | Say-on-Pay | Board | AGAINST | 1 | |
| MAGNERA CORPORATION | March 9, 2026 | ELECTION OF DIRECTOR: BRUCE BROWN | Director Elections | Board | AGAINST | 1 | |
| MAGNERA CORPORATION | March 9, 2026 | ELECTION OF DIRECTOR: KEVIN M. FOGARTY | Director Elections | Board | AGAINST | 1 | |
| MAGNERA CORPORATION | March 9, 2026 | PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE COMPANY FOR THE FISCAL YEAR ENDING SEPTEMBER 26, 2026. | Audit-related | Board | AGAINST | 1 | |
| MALIBU BOATS, INC. | October 24, 2025 | DIRECTOR: MICHAEL K. HOOKS | Director Elections | Board | WITHHOLD | 1 | |
| MAMMOTH ENERGY SERVICES, INC. | June 25, 2026 | ELECTION OF DIRECTOR: ARTHUR AMRON | Director Elections | Board | AGAINST | 1 | |
| MAMMOTH ENERGY SERVICES, INC. | June 25, 2026 | ELECTION OF DIRECTOR: COREY BOOKER | Director Elections | Board | AGAINST | 1 | |
| MAMMOTH ENERGY SERVICES, INC. | June 25, 2026 | ELECTION OF DIRECTOR: JAMES PALM | Director Elections | Board | AGAINST | 1 | |
| MAMMOTH ENERGY SERVICES, INC. | June 25, 2026 | ELECTION OF DIRECTOR: PAUL JACOBI | Director Elections | Board | AGAINST | 1 | |
| MANHATTAN ASSOCIATES, INC. | May 14, 2026 | NON-BINDING RESOLUTION TO APPROVE THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS. | Say-on-Pay | Board | AGAINST | 1 | |
| MANHATTAN ASSOCIATES, INC. | May 14, 2026 | RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| MANNKIND CORPORATION | May 20, 2026 | DIRECTOR: J.S. SHANNON, MD, MRCP | Director Elections | Board | WITHHOLD | 1 | |
| MANNKIND CORPORATION | May 20, 2026 | DIRECTOR: MICHAEL A. FRIEDMAN, MD | Director Elections | Board | WITHHOLD | 1 | |
| MANNKIND CORPORATION | May 20, 2026 | DIRECTOR: RONALD J. CONSIGLIO | Director Elections | Board | WITHHOLD | 1 | |
| MANNKIND CORPORATION | May 20, 2026 | TO RATIFY THE SELECTION BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF MANNKIND FOR ITS FISCAL YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ADVISORY VOTE ON APPROVAL OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS. | Say-on-Pay | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ELECTION OF DIRECTOR: ELIZABETH P. SARTAIN | Director Elections | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ELECTION OF DIRECTOR: JEAN-PHILIPPE COURTOIS | Director Elections | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ELECTION OF DIRECTOR: JOHN F. FERRARO | Director Elections | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ELECTION OF DIRECTOR: JONAS PRISING | Director Elections | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ELECTION OF DIRECTOR: JULIE M. HOWARD | Director Elections | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ELECTION OF DIRECTOR: MICHAEL J. VAN HANDEL | Director Elections | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ELECTION OF DIRECTOR: MURIEL PENICAUD | Director Elections | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ELECTION OF DIRECTOR: PAUL READ | Director Elections | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ELECTION OF DIRECTOR: ULICE PAYNE, JR. | Director Elections | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | ELECTION OF DIRECTOR: WILLIAM P. GIPSON | Director Elections | Board | AGAINST | 1 | |
| MANPOWERGROUP INC. | May 8, 2026 | RATIFICATION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT AUDITORS FOR 2026. | Audit-related | Board | AGAINST | 1 | |
| MAPLEBEAR INC. | May 22, 2026 | ELECTION OF CLASS III DIRECTOR: MEREDITH KOPIT LEVIEN | Director Elections | Board | WITHHOLD | 1 | |
| MARA HOLDINGS, INC. | June 18, 2026 | A NON-BINDING, ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS (SAY-ON-PAY"). " | Say-on-Pay | Board | AGAINST | 1 | |
| MARA HOLDINGS, INC. | June 18, 2026 | APPROVAL OF AN AMENDMENT TO OUR AMENDED AND RESTATED 2018 EQUITY INCENTIVE PLAN (THE 2018 PLAN") TO INCREASE THE NUMBER OF SHARES OF OUR COMMON STOCK RESERVED UNDER THE 2018 PLAN BY 18 MILLION SHARES. " | Compensation | Board | AGAINST | 1 | |
| MARA HOLDINGS, INC. | June 18, 2026 | DIRECTOR: DOUGLAS MELLINGER | Director Elections | Board | WITHHOLD | 1 | |
| MARATHON PETROLEUM CORPORATION | April 29, 2026 | ELECTION OF CLASS III DIRECTOR FOR A THREE-YEAR TERM EXPIRING IN 2029: JOHN P. SURMA | Director Elections | Board | AGAINST | 1 | |
| MARCUS & MILLICHAP, INC. | April 30, 2026 | DIRECTOR: HESSAM NADJI | Director Elections | Board | WITHHOLD | 1 | |
| MARCUS & MILLICHAP, INC. | April 30, 2026 | DIRECTOR: NORMA J. LAWRENCE | Director Elections | Board | WITHHOLD | 1 | |
| MARINE PRODUCTS CORPORATION | May 12, 2026 | TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION THAT MAY BE PAID OR BECOME PAYABLE TO THE NAMED EXECUTIVE OFFICERS OF MARINE PRODUCTS IN CONNECTION WITH THE TRANSACTIONS CONTEMPLATED BY THE MERGER AGREEMENT. | Say-on-Pay | Board | AGAINST | 1 | |
| MARINEMAX, INC. | March 3, 2026 | TO APPROVE THE AMENDMENT OF OUR 2021 STOCK-BASED COMPENSATION PLAN TO INCREASE THE NUMBER OF SHARES AVAILABLE FOR ISSUANCE BY 415,000 SHARES. | Compensation | Board | AGAINST | 1 | |
| MARKEL GROUP INC. | May 20, 2026 | ELECTION OF DIRECTOR: MICHAEL O'REILLY | Director Elections | Board | AGAINST | 1 | |
| MARKEL GROUP INC. | May 20, 2026 | ELECTION OF DIRECTOR: THOMAS S. GAYNER | Director Elections | Board | AGAINST | 1 | |
| MARKEL GROUP INC. | May 20, 2026 | RATIFICATION OF THE SELECTION OF KPMG LLP BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| MARKEL GROUP INC. | May 20, 2026 | SHAREHOLDER PROPOSAL FOR A REPORT ON THE COMPANY'S STRATEGIES AND ACTION PLANS TO MITIGATE MATERIAL ENVIRONMENTAL RISKS. | Environment or Climate | Shareholder | Against | FOR | 1 |
| MARKETAXESS HOLDINGS INC. | June 10, 2026 | ELECTION OF DIRECTOR: CHRISTOPHER R. CONCANNON | Director Elections | Board | AGAINST | 1 | |
| MARKETAXESS HOLDINGS INC. | June 10, 2026 | ELECTION OF DIRECTOR: JANE CHWICK | Director Elections | Board | AGAINST | 1 | |
| MARKETAXESS HOLDINGS INC. | June 10, 2026 | ELECTION OF DIRECTOR: KOURTNEY GIBSON | Director Elections | Board | AGAINST | 1 | |
| MARKETAXESS HOLDINGS INC. | June 10, 2026 | ELECTION OF DIRECTOR: NANCY ALTOBELLO | Director Elections | Board | AGAINST | 1 | |
| MARKETAXESS HOLDINGS INC. | June 10, 2026 | ELECTION OF DIRECTOR: WILLIAM F. CRUGER | Director Elections | Board | AGAINST | 1 | |
| MARKETAXESS HOLDINGS INC. | June 10, 2026 | TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 1 | |
| MARKETWISE, INC. | June 4, 2026 | ELECTION OF DIRECTOR: MATTHEW TURNER | Director Elections | Board | WITHHOLD | 1 | |
| MARQETA, INC. | June 10, 2026 | DIRECTOR: JUDSON (JUD) LINVILLE | Director Elections | Board | WITHHOLD | 1 | |
| MARQETA, INC. | June 10, 2026 | DIRECTOR: MARTHA CUMMINGS | Director Elections | Board | WITHHOLD | 1 | |
| MARRIOTT INTERNATIONAL, INC. | May 8, 2026 | ELECTION OF DIRECTOR: AYLWIN B. LEWIS | Director Elections | Board | AGAINST | 1 | |
| MARRIOTT INTERNATIONAL, INC. | May 8, 2026 | ELECTION OF DIRECTOR: FREDERICK A. HENDERSON | Director Elections | Board | AGAINST | 1 | |
| MARRIOTT INTERNATIONAL, INC. | May 8, 2026 | ELECTION OF DIRECTOR: SUSAN C. SCHWAB | Director Elections | Board | AGAINST | 1 | |
| MARRIOTT INTERNATIONAL, INC. | May 8, 2026 | RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2026 | Audit-related | Board | AGAINST | 1 | |
| MARRIOTT VACATIONS WORLDWIDE CORPORATION | May 15, 2026 | ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION. | Say-on-Pay | Board | AGAINST | 1 | |
| MARRIOTT VACATIONS WORLDWIDE CORPORATION | May 15, 2026 | DIRECTOR: CHARLES E. ANDREWS | Director Elections | Board | WITHHOLD | 1 | |
| MARRIOTT VACATIONS WORLDWIDE CORPORATION | May 15, 2026 | DIRECTOR: DIANNA F. MORGAN | Director Elections | Board | WITHHOLD | 1 | |
| MARRIOTT VACATIONS WORLDWIDE CORPORATION | May 15, 2026 | DIRECTOR: JONICE M. GRAY | Director Elections | Board | WITHHOLD | 1 | |
| MARRIOTT VACATIONS WORLDWIDE CORPORATION | May 15, 2026 | DIRECTOR: LIZANNE GALBREATH | Director Elections | Board | WITHHOLD | 1 | |
| MARRIOTT VACATIONS WORLDWIDE CORPORATION | May 15, 2026 | DIRECTOR: STEPHEN R. QUAZZO | Director Elections | Board | WITHHOLD | 1 | |
| MARRIOTT VACATIONS WORLDWIDE CORPORATION | May 15, 2026 | DIRECTOR: WILLIAM J. SHAW | Director Elections | Board | WITHHOLD | 1 | |
| MARSH & MCLENNAN COMPANIES, INC. | May 21, 2026 | ADVISORY (NONBINDING) VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION | Say-on-Pay | Board | AGAINST | 1 | |
| MARSH & MCLENNAN COMPANIES, INC. | May 21, 2026 | ELECTION OF DIRECTOR: ANTHONY K. ANDERSON | Director Elections | Board | AGAINST | 1 | |
| MARSH & MCLENNAN COMPANIES, INC. | May 21, 2026 | ELECTION OF DIRECTOR: H. EDWARD HANWAY | Director Elections | Board | AGAINST | 1 | |
| MARSH & MCLENNAN COMPANIES, INC. | May 21, 2026 | ELECTION OF DIRECTOR: LLOYD M. YATES | Director Elections | Board | AGAINST | 1 | |
| MARSH & MCLENNAN COMPANIES, INC. | May 21, 2026 | ELECTION OF DIRECTOR: MORTON O. SCHAPIRO | Director Elections | Board | AGAINST | 1 | |
| MARSH & MCLENNAN COMPANIES, INC. | May 21, 2026 | ELECTION OF DIRECTOR: STEVEN A. MILLS | Director Elections | Board | AGAINST | 1 | |
| MARSH & MCLENNAN COMPANIES, INC. | May 21, 2026 | RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Audit-related | Board | AGAINST | 1 | |
| MARTEN TRANSPORT, LTD. | May 5, 2026 | ELECTION OF DIRECTOR: JERRY M. BAUER | Director Elections | Board | AGAINST | 1 | |
| MARTEN TRANSPORT, LTD. | May 5, 2026 | ELECTION OF DIRECTOR: LARRY B. HAGNESS | Director Elections | Board | AGAINST | 1 | |
| MARTEN TRANSPORT, LTD. | May 5, 2026 | ELECTION OF DIRECTOR: PATRICIA L. JONES | Director Elections | Board | AGAINST | 1 | |
| MARTEN TRANSPORT, LTD. | May 5, 2026 | ELECTION OF DIRECTOR: ROBERT L. DEMOREST | Director Elections | Board | AGAINST | 1 | |
| MARTEN TRANSPORT, LTD. | May 5, 2026 | ELECTION OF DIRECTOR: RONALD R. BOOTH | Director Elections | Board | AGAINST | 1 | |
| MARTIN MARIETTA MATERIALS, INC. | May 14, 2026 | ELECTION OF DIRECTOR: DONALD W. SLAGER | Director Elections | Board | AGAINST | 1 | |
| MARTIN MARIETTA MATERIALS, INC. | May 14, 2026 | ELECTION OF DIRECTOR: LAREE E. PEREZ | Director Elections | Board | AGAINST | 1 | |
| MASCO CORPORATION | May 8, 2026 | ELECTION OF DIRECTOR: CHRISTOPHER A. O'HERLIHY | Director Elections | Board | AGAINST | 1 |
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Built November 7, 2026 from SEC Form N-PX filings.