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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
NORDEX SE May 6, 2025 Approve Management Board Remuneration Policy Compensation Board AGAINST 3
NORDEX SE May 6, 2025 Approve Remuneration Report Compensation Board AGAINST 3
NORDIC AMERICAN TANKERS LTD. November 21, 2024 Elect Director Alexander Hansson Director Elections Board AGAINST 3
NORDIC AMERICAN TANKERS LTD. November 21, 2024 Elect Director Herbjorn Hansson Director Elections Board AGAINST 3
NOVA LIFESTYLE INC. May 22, 2025 To approve, for the purpose of Nasdaq Marketplace Rule 5635 (d), the issuance of (i) our common stock, in one or more offerings, where the maximum discount at which our common stock will be offered will be equivalent to a discount of 50% below the closing price of our common stock on the date prior to the closing of each offering; and (ii) warrants to purchase shares of our common stock and shares of our common stock issuable upon exercise thereof, in one or more offerings, where the maximum discount at which our common stock will be offered will be equivalent to a discount of 40% below the closing price of our common stock on the date prior to the closing of each offering. Capital Structure Board AGAINST 3
NSTS BANCORP INC. May 21, 2025 Election of Directors for a term expiring at the 2028 Annual Meeting: Thomas M. Ivantic Director Elections Board WITHHOLD 3
NUH CIMENTO SANAYI AS March 22, 2025 Approve Director Remuneration Compensation Board AGAINST 3
NUH CIMENTO SANAYI AS March 22, 2025 Elect Directors Director Elections Board AGAINST 3
NUH CIMENTO SANAYI AS March 22, 2025 Ratify External Auditors Audit-related Board AGAINST 3
NXU INC. August 14, 2024 To consider and vote on a proposal to adopt and approve the Nxu, Inc. Amended and Restated 2023 Omnibus Incentive Plan (the "Plan"); Compensation Board AGAINST 3
NXU INC. August 14, 2024 To consider and vote on a proposal to issue preferred stock; and Capital Structure Board ABSTAIN 3
NXU INC. August 14, 2024 To elect four directors to serve until the 2025 annual meeting of stockholders: Annie Pratt Director Elections Board AGAINST 3
NXU INC. August 14, 2024 To elect four directors to serve until the 2025 annual meeting of stockholders: Mark Hanchett Director Elections Board AGAINST 3
Nabors Industries Ltd. June 3, 2025 ELECTION OF DIRECTORS: Anthony R. Chase Director Elections Board WITHHOLD 3
Nabors Industries Ltd. June 3, 2025 ELECTION OF DIRECTORS: John P. Kotts Director Elections Board WITHHOLD 3
Nabors Industries Ltd. June 3, 2025 ELECTION OF DIRECTORS: Tanya S. Beder Director Elections Board WITHHOLD 3
Novavax, Inc. June 20, 2025 The approval, on an advisory basis, of the compensation paid of our Named Executive Officers. Say-on-Pay Board AGAINST 3
OKLO INC. June 4, 2025 Election of Directors: Michael Klein Director Elections Board WITHHOLD 3
ONESTREAM INC. May 20, 2025 Election of Class I Directors: Bradley Brown Director Elections Board WITHHOLD 3
ONESTREAM INC. May 20, 2025 Election of Class I Directors: Thomas Shea Director Elections Board WITHHOLD 3
OPTICAL CABLE CORP. March 25, 2025 Election of Directors: Randall H. Frazier Director Elections Board WITHHOLD 3
ORBIA ADVANCE CORPORATION SAB DE CV April 2, 2025 Approve Remuneration of Members of Board and Key Committees Compensation Board AGAINST 3
ORRSTOWN FINANCIAL SERVICES INC. May 6, 2025 To approve a non-binding advisory vote regarding the compensation paid to our Named Executive Officers ("Say-On-Pay"); Say-on-Pay Board (inferred) AGAINST 3
OTOKAR OTOMOTIV VE SAVUNMA SANAYI AS March 24, 2025 Approve Director Remuneration Compensation Board AGAINST 3
OTOKAR OTOMOTIV VE SAVUNMA SANAYI AS March 24, 2025 Approve Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 3
OWLET INC. August 16, 2024 Approval of an amendment to the Owlet, Inc. 2021 Incentive Award Plan. Compensation Board AGAINST 3
OWLET INC. August 16, 2024 Election of Directors: Laura J. Durr Director Elections Board WITHHOLD 3
OWLET INC. August 16, 2024 Election of Directors: Lior Susan Director Elections Board WITHHOLD 3
Odfjell Drilling Ltd. June 16, 2025 Reelect Helene Odfjell as Director Director Elections Board AGAINST 3
PARADE TECHNOLOGIES LTD. June 11, 2025 Elect JI ZHAO, with Shareholder No. AC02599XXX, as Non-Independent Director Director Elections Board AGAINST 3
PARADE TECHNOLOGIES LTD. June 11, 2025 Elect JUNG KUNG YANG, with Shareholder No. 6, as Non-Independent Director Director Elections Board AGAINST 3
PARADE TECHNOLOGIES LTD. June 11, 2025 Elect MING QU, with Shareholder No. AC03272XXX, as Non-Independent Director Director Elections Board AGAINST 3
PARADE TECHNOLOGIES LTD. June 11, 2025 Elect TA-LUN HUANG, with Shareholder No. 49, as Non-Independent Director Director Elections Board AGAINST 3
PARAMOUNT GOLD NEVADA CORP. December 12, 2024 Election of Directors: Rudi Fronk Director Elections Board WITHHOLD 3
PAVMED INC. June 18, 2025 Approval of an amendment to the Company's 2014 Long-Term Incentive Equity Plan to increase the total number of shares of the Company's common stock available under the 2014 Plan by an additional 2,500,000 shares, to 4,912,140 shares Compensation Board AGAINST 3
PAYSAFE LTD. May 22, 2025 Elect Director Bruce Lowthers Director Elections Board WITHHOLD 3
PAYSAFE LTD. May 22, 2025 Elect Director Jonathan Murphy Director Elections Board WITHHOLD 3
PC Connection, Inc. May 14, 2025 To elect six directors to serve until the 2026 Annual Meeting of Stockholders: David Beffa-Negrini Director Elections Board WITHHOLD 3
PEDEVCO CORP. August 29, 2024 Election of Directors: H. Douglas Evans Director Elections Board WITHHOLD 3
PEDEVCO CORP. August 29, 2024 To consider and vote upon a proposal to adopt the First Amendment to the PEDEVCO Corp. 2021 Equity Compensation Plan Compensation Board AGAINST 3
PEGASYSTEMS INC. June 17, 2025 To approve an amendment to our Restated Articles of Organization. Capital Structure Board AGAINST 3
PEGASYSTEMS INC. June 17, 2025 To approve the amended and restated Pegasystems Inc. 2004 Long-Term Incentive Plan. Compensation Board AGAINST 3
PENNON GROUP PLC July 24, 2024 Elect Steve Buck as Director (WITHDRAWN) Director Elections Board ABSTAIN 3
PERASO INC. December 20, 2024 Election of Directors: Daniel Lewis Director Elections Board WITHHOLD 3
PET VALU HOLDINGS LTD. May 6, 2025 Elect Director Clayton Harmon Director Elections Board WITHHOLD 3
PET VALU HOLDINGS LTD. May 6, 2025 Elect Director Patrick Hillegass Director Elections Board WITHHOLD 3
PETKIM PETROKIMYA HOLDING AS May 29, 2025 Approve Director Remuneration Compensation Board AGAINST 3
PETKIM PETROKIMYA HOLDING AS May 29, 2025 Elect Directors Director Elections Board AGAINST 3
PLAYTECH PLC December 19, 2024 Approve Revised Remuneration Policy Compensation Board AGAINST 3
PLAYTECH PLC December 19, 2024 Approve Shareholder Incentive Plan (Directors) Compensation Board AGAINST 3
PLUXEE NV December 18, 2024 Approve Remuneration Report Compensation Board AGAINST 3
PLYMOUTH INDUSTRIAL REIT INC. June 12, 2025 Election of Directors: Caitlin Murphy Director Elections Board WITHHOLD 3
PLYMOUTH INDUSTRIAL REIT INC. June 12, 2025 Election of Directors: Philip S. Cottone Director Elections Board WITHHOLD 3
PLYMOUTH INDUSTRIAL REIT INC. June 12, 2025 Election of Directors: Richard J. DeAgazio Director Elections Board WITHHOLD 3
PRECISION OPTICS CORPORATION INC. May 20, 2025 Election of Directors: Joseph N. Forkey Director Elections Board WITHHOLD 3
PRECISION TSUGAMI (CHINA) CORPORATION LTD. August 19, 2024 Authorize Board to Fix Remuneration of Directors Compensation Board AGAINST 3
PRESIDIO PROPERTY TRUST INC. June 2, 2025 Amend and restate the Company's 2017 Incentive Award Plan (the "Plan") to (i) increase the number of shares available for issuance thereunder to 4,500,000 from 3,500,000 shares of common stock and (ii) revise the Plan's evergreen provision to, on April 1st and October 1st of each year, automatically increase the maximum number of shares of common stock available under the Plan to 15% of the Company's outstanding shares of common stock, if on such date 4,500,000 shares constitute less than 15% of the Company's then-outstanding shares of common stock Compensation Board AGAINST 3
PROCORE TECHNOLOGIES INC. June 5, 2025 To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 3
PROTAGENIC THERAPEUTICS INC. February 21, 2025 Approval of the Repricing of Certain Outstanding Stock Options Granted Under the 2006 and 2016 Equity Incentive Plans Compensation Board AGAINST 3
PROTAGENIC THERAPEUTICS INC. February 21, 2025 To approve an amendment to our 2016 Equity Incentive Plan; Compensation Board AGAINST 3
PROXIMUS SA April 16, 2025 Approve Remuneration Policy Compensation Board AGAINST 3
PROXIMUS SA April 16, 2025 Approve Remuneration Report Compensation Board AGAINST 3
PROXIMUS SA April 16, 2025 Elect Alternate Directors Director Elections Board AGAINST 3
PSQ HOLDINGS INC. May 29, 2025 Election of Directors: Blake Masters Director Elections Board WITHHOLD 3
PT BANK NEGARA INDONESIA (PERSERO) TBK March 26, 2025 Approve Allocation of Income and Dividends Capital Structure Board AGAINST 3
PT BANK NEGARA INDONESIA (PERSERO) TBK March 26, 2025 Approve Remuneration and Tantiem of Directors and Commissioners Compensation Board AGAINST 3
PT BUMI RESOURCES MINERALS TBK April 30, 2025 Approve Auditors Audit-related Board AGAINST 3
PT BUMI RESOURCES TBK June 2, 2025 Approve Changes in the Boards of the Company Director Elections Board AGAINST 3
PT MERDEKA COPPER GOLD TBK June 10, 2025 Approve Amendment to the Transfer of Treasury Shares through the Company's Long-Term Incentive Program Capital Structure Board AGAINST 3
Preformed Line Products Company May 13, 2025 To elect four directors, each for a term expiring in 2027: Maegan A. R. Cross Director Elections Board WITHHOLD 3
Preformed Line Products Company May 13, 2025 To elect four directors, each for a term expiring in 2027: Matthew D. Frymier Director Elections Board WITHHOLD 3
Preformed Line Products Company May 13, 2025 To elect four directors, each for a term expiring in 2027: Robert Ruhlman Director Elections Board WITHHOLD 3
QUANTA COMPUTER INC. June 13, 2025 Elect BARRY LAM, with Shareholder No. 1, as Non-independent Director Director Elections Board AGAINST 3
QUANTA COMPUTER INC. June 13, 2025 Elect C. C. LEUNG, with Shareholder No. 5, as Non-independent Director Director Elections Board AGAINST 3
QUANTA COMPUTER INC. June 13, 2025 Elect C. T. HUANG, with Shareholder No. 528, as Non-independent Director Director Elections Board AGAINST 3
QUANTA COMPUTER INC. June 13, 2025 Elect ELTON YANG, with Shareholder No. 138354, as Non-independent Director Director Elections Board AGAINST 3
RAFAEL HOLDINGS INC. January 9, 2025 Election of Directors: Michael J. Weiss Director Elections Board AGAINST 3
RAFAEL HOLDINGS INC. January 9, 2025 To approve an amendment to the Rafael Holdings, Inc. 2021 Equity Incentive that will increase the number of shares of the Company's Class B common stock available for the grant of awards thereunder by 750,000. Compensation Board AGAINST 3
RAMI LEVI CHAIN STORES HASHIKMA MARKETING 2006 LTD. December 4, 2024 Reelect Ofir Atias as Director Director Elections Board AGAINST 3
RAMI LEVI CHAIN STORES HASHIKMA MARKETING 2006 LTD. December 4, 2024 Reelect Yoram Dar as Director Director Elections Board AGAINST 3
RANPAK HOLDINGS CORP. May 22, 2025 Company Proposal - Approval of a non-binding advisory resolution approving the compensation of named executive officers. Say-on-Pay Board (inferred) AGAINST 3
READING INTERNATIONAL INC. December 5, 2024 To approve an amendment to the Reading International, Inc. 2020 Stock Incentive Plan to increase the number of shares of Class A Stock reserved for issuance thereunder by 3,500,000 Shares; and Compensation Board AGAINST 3
REAL MATTERS INC. February 6, 2025 Elect Director Frank McMahon Director Elections Board AGAINST 3
REAL MATTERS INC. February 6, 2025 Elect Director Garry Foster Director Elections Board AGAINST 3
REAL MATTERS INC. February 6, 2025 Elect Director Kay Brekken Director Elections Board AGAINST 3
REALPHA TECH CORP. December 13, 2024 The ratification of the appointment of GBQ Partners, LLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Audit-related Board AGAINST 3
REGIONAL SAB DE CV April 29, 2025 Elect or Ratify Directors, Chair and Secretary of Board Director Elections Board AGAINST 3
RELIANCE GLOBAL GROUP INC. December 31, 2024 Approval of amendment of articles of incorporation, as amended, to increase total number of authorized shares of common stock from 117,647,058 shares to 2,000,000,000 shares. Capital Structure Board AGAINST 3
RELIANCE GLOBAL GROUP INC. December 31, 2024 Approval of the 2024 Omnibus Incentive Plan. Compensation Board AGAINST 3
RELIANCE GLOBAL GROUP INC. December 31, 2024 Election of directors: Sheldon Brickman Director Elections Board WITHHOLD 3
RELIANCE GLOBAL GROUP INC. May 29, 2025 Approval of the 2025 Equity Incentive Plan. Compensation Board AGAINST 3
RENEW ENERGY GLOBAL PLC September 20, 2024 Approve Remuneration Report Compensation Board AGAINST 3
Ranpak Holdings Corp. May 22, 2025 Company Proposal - Election of Directors: Salil Seshadri Director Elections Board WITHHOLD 3
Rhythm Pharmaceuticals, Inc. September 18, 2024 Election of the Class I directors, each to serve for a three year term until the 2027 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Stuart A. Arbuckle Director Elections Board WITHHOLD 3
S.P.E.E.H. HIDROELECTRICA SA April 29, 2025 Approve Remuneration Report Compensation Board AGAINST 3
SABIC AGRI-NUTRIENTS CO. April 29, 2025 Elect Abdullah Al Bakr as Independent Director Director Elections Board AGAINST 3
SABIC AGRI-NUTRIENTS CO. April 29, 2025 Ratify Auditors and Fix Their Remuneration for Q2, Q3, and Annual Statement of FY 2025 and Q1 of FY 2026 Audit-related Board AGAINST 3
SAFE BULKERS INC. September 12, 2024 Elect Director Ioannis Foteinos Director Elections Board WITHHOLD 3
SAFE BULKERS INC. September 12, 2024 Elect Director Polys V. Hajioannou Director Elections Board WITHHOLD 3
SAKATA SEED CORP. August 27, 2024 Appoint Statutory Auditor Bo, Akinori Compensation Board AGAINST 3

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Built November 8, 2026 from SEC Form N-PX filings.