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Fidelity 2024-2025: where it broke with the board

At least 6,078 proposals in the 2024-2025 proxy season: Fidelity voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 78 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal Fidelity 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

6,078 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.

Fidelity, 2024-2025 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedFidelity votedFunds
MAGAZINE LUIZA SA April 24, 2025 Percentage of Votes to Be Assigned - Elect Carlos Renato Donzelli as Director Director Elections Board ABSTAIN 3
MAGAZINE LUIZA SA April 24, 2025 Percentage of Votes to Be Assigned - Elect Floriano Peixoto Vieira Neto as Independent Director Director Elections Board ABSTAIN 3
MAGAZINE LUIZA SA April 24, 2025 Percentage of Votes to Be Assigned - Elect Henrique Bredda as Independent Director Director Elections Board ABSTAIN 3
MAGAZINE LUIZA SA April 24, 2025 Percentage of Votes to Be Assigned - Elect Ines Correa de Souza as Independent Director Director Elections Board ABSTAIN 3
MAGAZINE LUIZA SA April 24, 2025 Percentage of Votes to Be Assigned - Elect Luiza Helena Trajano Inacio Rodrigues as Director Director Elections Board ABSTAIN 3
MAGAZINE LUIZA SA April 24, 2025 Percentage of Votes to Be Assigned - Elect Marcelo Jose Ferreira e Silva as Director Director Elections Board ABSTAIN 3
MAGAZINE LUIZA SA April 24, 2025 Percentage of Votes to Be Assigned - Elect Silvio Romero de Lemos Meira as Independent Director Director Elections Board ABSTAIN 3
MAGIC SOFTWARE ENTERPRISES LTD. June 10, 2025 Approve Updated Compensation Policy for the Directors and Officers of the Company Compensation Board AGAINST 3
MAKEMYTRIP LTD. September 12, 2024 Reelect Director Moshe Rafiah Director Elections Board AGAINST 3
MAKEMYTRIP LTD. September 12, 2024 Reelect Director Savinilorna Payandi Pillay Ramen Director Elections Board AGAINST 3
MAKUS INC. March 28, 2025 Approve Total Remuneration of Inside Directors and Outside Directors Compensation Board AGAINST 3
MAKUS INC. March 28, 2025 Elect Lee Jun-hui as Outside Director Director Elections Board AGAINST 3
MAKUS INC. March 28, 2025 Elect Seong Jong-ryul as Inside Director Director Elections Board AGAINST 3
MAN WAH HOLDINGS LTD. June 30, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
MAN WAH HOLDINGS LTD. June 30, 2025 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
MAPFRE SA March 14, 2025 Advisory Vote on Remuneration Report Compensation Board AGAINST 3
MAPFRE SA March 14, 2025 Approve Remuneration Policy Compensation Board AGAINST 3
MAREX GROUP PLC May 28, 2025 Elect Director Roger Nagioff Director Elections Board AGAINST 3
MASTECH DIGITAL INC. May 14, 2025 The election of two (2) persons as Class II Directors: Ashok Trivedi Director Elections Board WITHHOLD 3
MASTECH DIGITAL INC. May 14, 2025 The election of two (2) persons as Class II Directors: Nirav Patel Director Elections Board WITHHOLD 3
MASTECH DIGITAL INC. May 14, 2025 Vote to approve the amendment to the Company's Stock Incentive Plan, as amended and restated (the "Plan"), to increase the number of shares of common stock that may be issued pursuant to the Plan by 800,000 shares, to a total of 6,200,000 shares. Compensation Board AGAINST 3
MATINAS BIOPHARMA HOLDINGS INC. June 23, 2025 To approve the Matinas BioPharma Holdings, Inc. 2025 Equity Incentive Plan. Compensation Board AGAINST 3
MEDALIST DIVERSIFIED REIT INC. September 12, 2024 Elect one Class I director to hold office for a three-year term expiring in 2027 - Vote "FOR" only one nominee in total. If you vote "FOR" more than one nominee, all of your votes on Item 1 will be invalid and will not be counted. If you do not vote "FOR" any nominee, your shares will be voted in accordance with the Board of Directors' recommendation. COMPANY NOMINEE: David Lunin Director Elections Board (inferred) WITHHOLD 3
MEDALIST DIVERSIFIED REIT INC. September 12, 2024 To approve an amendment to the Company's Articles of Incorporation to effect a reverse stock split of the Company's outstanding common stock by a ratio of any whole number in a range of 1-for-10 and 1 for-100, with such ratio to be determined in the discretion of the Board of Directors and with such action to be effected at such time and date, if at all, as determined by the Board of Directors within one year after the conclusion of the 2024 Annual Meeting of Stockholders. Capital Structure Board AGAINST 3
MEDIACO HOLDING INC. July 9, 2024 Election of Directors: Patrick Walsh Director Elections Board WITHHOLD 3
MEDISTIM ASA May 8, 2025 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 3
MEDISTIM ASA May 8, 2025 Elect Oyvin Broymer (Chair) as Director Director Elections Board AGAINST 3
MEDLIVE TECHNOLOGY CO. LTD. May 8, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
MEDLIVE TECHNOLOGY CO. LTD. May 8, 2025 Authorize Board to Fix Remuneration of Directors Compensation Board AGAINST 3
MEDLIVE TECHNOLOGY CO. LTD. May 8, 2025 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
MEDLIVE TECHNOLOGY CO. LTD. May 8, 2025 Elect Eiji Tsuchiya as Director Director Elections Board AGAINST 3
MEDLIVE TECHNOLOGY CO. LTD. May 8, 2025 Elect Tian Lijun as Director Director Elections Board AGAINST 3
MEGA MATRIX CORP. September 25, 2024 Change Jurisdiction of Incorporation from Delaware to the Cayman Islands Extraordinary Transactions Board AGAINST 3
MEGA MATRIX INC. May 30, 2025 Elect Director Yucheng Hu Director Elections Board AGAINST 3
MESOBLAST LTD. November 15, 2024 Approve Issuance of Milestone-Based Options to Philip Krause Compensation Board AGAINST 3
MESOBLAST LTD. November 15, 2024 Approve Issuance of Options to Eric Rose in Connection with his Long-Term Incentive Remuneration for the 2024/2025 Financial Year Compensation Board AGAINST 3
MESOBLAST LTD. November 15, 2024 Approve Issuance of Options to Eric Rose in Connection with his Short-Term Incentive Remuneration for the 2022/2023 and 2023/2024 Financial Year Compensation Board AGAINST 3
MESOBLAST LTD. November 15, 2024 Approve Issuance of Options to Eric Rose in Lieu of 30% of Base Salary Compensation Board AGAINST 3
MESOBLAST LTD. November 15, 2024 Approve Issuance of Options to Silviu Itescu in Connection with his Long-Term Incentive Remuneration for the 2024/2025 Financial Year Compensation Board AGAINST 3
MESOBLAST LTD. November 15, 2024 Approve Issuance of Options to Silviu Itescu in Connection with his Short-Term Incentive Remuneration for the 2022/2023 and 2023/2024 Financial Year Compensation Board AGAINST 3
MESOBLAST LTD. November 15, 2024 Approve Issuance of Options to Silviu Itescu in Lieu of 30% of Base Salary Compensation Board AGAINST 3
MESOBLAST LTD. November 15, 2024 Approve Issuance of Time-Based Options to Independent Non-Executive Directors Compensation Board AGAINST 3
MESOBLAST LTD. November 15, 2024 Approve Issuance of Time-Based Options to Philip Krause Compensation Board AGAINST 3
META PLATFORMS INC. May 28, 2025 A shareholder proposal regarding GHG emissions reduction actions. Environment or Climate Shareholder Against FOR 3
MIGROS TICARET AS April 15, 2025 Approve Director Remuneration Compensation Board AGAINST 3
MITANI SEKISAN CO. LTD. June 18, 2025 Appoint Statutory Auditor Yamamoto, Katsunori Compensation Board AGAINST 3
MITANI SEKISAN CO. LTD. June 18, 2025 Approve Statutory Auditor Retirement Bonus Compensation Board AGAINST 3
MITANI SEKISAN CO. LTD. June 18, 2025 Elect Director Mitani, Shinji Director Elections Board AGAINST 3
MMG LTD. May 22, 2025 Authorize Board to Fix Remuneration of Directors Compensation Board AGAINST 3
MOBILE INFRASTRUCTURE CORP. June 18, 2025 Election of Directors: Damon Jones Director Elections Board WITHHOLD 3
MOBILE INFRASTRUCTURE CORP. June 18, 2025 Election of Directors: Jeffrey B. Osher Director Elections Board WITHHOLD 3
MOMENTUS INC. May 19, 2025 To approve an amendment to our 2021 Equity Incentive Plan to increase the number of shares available for issuance thereunder. Compensation Board AGAINST 3
MOMO.COM INC. May 27, 2025 Elect Hsu Jean Chiu with SHAREHOLDER NO.H221599XXX as Independent Director Director Elections Board AGAINST 3
MONOPAR THERAPEUTICS INC. August 5, 2024 Election of Directors: Chandler D. Robinson Director Elections Board WITHHOLD 3
MONOPAR THERAPEUTICS INC. August 5, 2024 Election of Directors: Kim R. Tsuchimoto Director Elections Board WITHHOLD 3
MONTROSE ENVIRONMENTAL GROUP INC. May 6, 2025 To elect three Class II directors to our Board of Directors to hold office until the Company's 2028 annual meeting of stockholders, or until their successors are duly elected and qualified: J. Thomas Presby Director Elections Board WITHHOLD 3
MORIYA TRANSPORTATION ENGINEERING & MANUFACTURING CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Kakiuchi, Akira Director Elections Board AGAINST 3
MORIYA TRANSPORTATION ENGINEERING & MANUFACTURING CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Wakisaka, Mamoru Director Elections Board AGAINST 3
MOTOR OIL (HELLAS) CORINTH REFINERIES SA June 18, 2025 Advisory Vote on Remuneration Report Compensation Board AGAINST 3
MOTOR OIL (HELLAS) CORINTH REFINERIES SA June 18, 2025 Amend Remuneration Policy Compensation Board AGAINST 3
MOTOR OIL (HELLAS) CORINTH REFINERIES SA June 18, 2025 Approve Profit Distribution to Board Members and Management Compensation Board AGAINST 3
MOTOR OIL (HELLAS) CORINTH REFINERIES SA June 18, 2025 Approve Stock Option Plan Compensation Board AGAINST 3
MOTOR OIL (HELLAS) CORINTH REFINERIES SA June 18, 2025 Elect Directors (Bundled) Director Elections Board AGAINST 3
MOTORSPORT GAMES INC. April 25, 2025 Election of Directors: Andrew P. Jacobson Director Elections Board WITHHOLD 3
MOTORSPORT GAMES INC. April 25, 2025 Election of Directors: Navtej Singh Sunner Director Elections Board WITHHOLD 3
MP MATERIALS CORP. June 10, 2025 Election of 3 Directors Named in the Proxy Statement: Connie K. Duckworth Director Elections Board WITHHOLD 3
MP MATERIALS CORP. June 10, 2025 Election of 3 Directors Named in the Proxy Statement: General (Retired) Richard B. Myers Director Elections Board WITHHOLD 3
MP MATERIALS CORP. June 10, 2025 Election of 3 Directors Named in the Proxy Statement: Maryanne R. Lavan Director Elections Board WITHHOLD 3
MR BRICOLAGE SA April 30, 2025 Elect Didier Julien as Director Director Elections Board AGAINST 3
MR BRICOLAGE SA April 30, 2025 Reelect SIMB as Director Director Elections Board AGAINST 3
MR BRICOLAGE SA April 30, 2025 Reelect Thierry Blosse as Director Director Elections Board AGAINST 3
MR. PRICE GROUP LTD. August 29, 2024 Approve Remuneration Implementation Report Compensation Board AGAINST 3
MULTICHOICE GROUP LTD. August 28, 2024 Re-elect John Volkwyn as Director Director Elections Board AGAINST 3
MULTICONSULT ASA April 10, 2025 Approve Creation of NOK 2.8 Million Pool of Capital without Preemptive Rights Capital Structure Board AGAINST 3
MUSTANG BIO INC. December 26, 2024 Election of Directors: Lindsay A. Rosenwald, M.D. Director Elections Board WITHHOLD 3
MUSTANG BIO INC. December 26, 2024 Election of Directors: Michael S. Weiss Director Elections Board WITHHOLD 3
MaxLinear, Inc. May 20, 2025 Election of the nominee for Class I Director named in the proxy statement, to hold office until the 2028 annual meeting of stockholders and until his successor is duly elected and qualified: Daniel A. Artusi Director Elections Board AGAINST 3
Metalla Royalty & Streaming Ltd. June 24, 2025 Elect Director Lawrence Roulston Director Elections Board WITHHOLD 3
NANOVIRICIDES INC. December 7, 2024 Election of Director Nominee. Class II Director: Makarand Jawadekar Director Elections Board AGAINST 3
NANOVIRICIDES INC. December 7, 2024 To approve an award of 10,204 shares of the Company's Series A Preferred Stock to Anil Diwan in connection with the extension of employment as the Company's President. Compensation Board AGAINST 3
NATIONAL FUEL GAS CO. March 13, 2025 ELECTION OF DIRECTORS: David H. Anderson Director Elections Board WITHHOLD 3
NATIONAL FUEL GAS CO. March 13, 2025 ELECTION OF DIRECTORS: Joseph N. Jaggers Director Elections Board WITHHOLD 3
NATIONAL FUEL GAS CO. March 13, 2025 ELECTION OF DIRECTORS: Thomas E. Skains Director Elections Board WITHHOLD 3
NATIONAL INDUSTRIES GROUP (HOLDING) SAK April 24, 2025 Authorize Issuance of Bonds and Authorize Board to Set Terms of Issuance Capital Structure Board AGAINST 3
NATIONAL INDUSTRIES GROUP (HOLDING) SAK April 24, 2025 Elect Ali Bahbahani as Director Director Elections Board ABSTAIN 3
NATIONAL INDUSTRIES GROUP (HOLDING) SAK April 24, 2025 Elect Badr Al Rabeeah as Director Director Elections Board ABSTAIN 3
NATIONAL INDUSTRIES GROUP (HOLDING) SAK April 24, 2025 Elect Hamad Al Saad as Director Director Elections Board ABSTAIN 3
NAUTICUS ROBOTICS INC. January 15, 2025 To approve an amendment to our Second Amended and Restated Certificate of Incorporation. Capital Structure Board AGAINST 3
NAUTICUS ROBOTICS INC. June 25, 2025 Approval of Amendment to 2022 Omnibus Incentive Plan Compensation Board AGAINST 3
NETWORK-1 TECHNOLOGIES INC. September 17, 2024 Election of Directors: Corey M. Horowitz Director Elections Board WITHHOLD 3
NETWORK-1 TECHNOLOGIES INC. September 17, 2024 Election of Directors: Jonathan E. Greene Director Elections Board WITHHOLD 3
NETWORK-1 TECHNOLOGIES INC. September 17, 2024 To approve, by non-binding advisory vote, the resolution approving named executive officer compensation. Say-on-Pay Board AGAINST 3
NEUEHEALTH INC. May 29, 2025 To approve on a non-binding advisory basis the compensation of our named executive officers for 2024. Say-on-Pay Board AGAINST 3
NEWAMSTERDAM PHARMA COMPANY NV June 4, 2025 Extension of authorization for the Board of Directors to acquire ordinary shares and depository receipts for ordinary shares in the Company's capital. Capital Structure Board AGAINST 3
NEWMARK GROUP INC. October 17, 2024 Election of Directors: Jay Itzkowitz Director Elections Board WITHHOLD 3
NEXTAGE CO. LTD. February 21, 2025 Elect Director Hirota, Seiji Director Elections Board AGAINST 3
NHPC LTD. August 28, 2024 Elect Raj Kumar Chaudhary as Director Director Elections Board AGAINST 3
NICKEL INDUSTRIES LTD. May 22, 2025 Elect James Crombie as Director Director Elections Board AGAINST 3
NICKEL INDUSTRIES LTD. May 22, 2025 Elect Norman Seckold as Director Director Elections Board AGAINST 3
NIHON DENGI CO. LTD. June 26, 2025 Elect Director and Audit Committee Member Kawamura, Ichiji Director Elections Board AGAINST 3

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Built November 7, 2026 from SEC Form N-PX filings.