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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
TECHPRECISION CORP. December 19, 2024 Approve an amendment to increase the number of shares available for issuance under our 2016 Long-Term Incentive Plan Compensation Board AGAINST 3
TECHPRECISION CORP. December 19, 2024 Election of Directors: Richard S. McGowan Director Elections Board WITHHOLD 3
TECHPRECISION CORP. December 19, 2024 Election of Directors: Walter M. Schenker Director Elections Board WITHHOLD 3
TEMENOS AG May 13, 2025 Approve Remuneration Report Compensation Board AGAINST 3
TENON MEDICAL INC. July 23, 2024 to approve amendments to the Tenon Medical, Inc. 2022 Equity Incentive Plan (the "2022 Plan") to (i) increase the total number of shares of the Company's common stock subject to the 2022 Plan by 1,100,000 shares and (ii) permit the issuance of equity awards to individuals and legal entities (together, the "2022 Plan Amendment Proposal"); Compensation Board AGAINST 3
TERNIUM SA May 6, 2025 Approve Renewal of Authorized Share Capital and Related Authorizations and Waivers Capital Structure Board AGAINST 3
TEXAS COMMUNITY BANCSHARES INC. May 20, 2025 Election of Director: Mark Pickens Director Elections Board WITHHOLD 3
THAI BEVERAGE PUBLIC COMPANY LTD. January 31, 2025 Elect Panote Sirivadhanabhakdi as Director Director Elections Board AGAINST 3
THAI BEVERAGE PUBLIC COMPANY LTD. January 31, 2025 Elect Sitihichai Chaikriangkrai as Director Director Elections Board AGAINST 3
THERIVA BIOLOGICS INC. October 31, 2024 Election of Directors: John Monahan Director Elections Board WITHHOLD 3
TITAN CEMENT INTERNATIONAL SA May 8, 2025 Approve Remuneration Report Compensation Board AGAINST 3
TMBTHANACHART BANK PUBLIC COMPANY LTD. April 21, 2025 Approve Acquisition of 89.97% of Shares in Thanachart Securities Public Company Limited from Thanachart Capital Public Company Limited which is a Connected Transaction Extraordinary Transactions Board AGAINST 3
TOFAS TURK OTOMOBIL FABRIKASI AS March 25, 2025 Approve Director Remuneration Compensation Board AGAINST 3
TOFAS TURK OTOMOBIL FABRIKASI AS March 25, 2025 Approve Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 3
TOFAS TURK OTOMOBIL FABRIKASI AS March 25, 2025 Elect Directors Director Elections Board AGAINST 3
TOKAI RIKA CO. LTD. June 13, 2025 Appoint Statutory Auditor Deshimaru, Akihiro Compensation Board AGAINST 3
TOSEI CORP. February 26, 2025 Appoint Statutory Auditor Ikeda, Satoshi Compensation Board AGAINST 3
TOSEI CORP. February 26, 2025 Appoint Statutory Auditor Kuroda, Toshinori Compensation Board AGAINST 3
TRANSALTA CORP. April 24, 2025 Elect Director Thomas M. O'Flynn Director Elections Board AGAINST 3
TRANSMISSORA ALIANCA DE ENERGIA ELETRICA SA April 29, 2025 Elect Felipe Jose Fonseca Attie as Fiscal Council Member and Mirian Paula Ferreira Rodrigues as Alternate (Appointed by CEMIG) Compensation Board ABSTAIN 3
TRANSMISSORA ALIANCA DE ENERGIA ELETRICA SA April 29, 2025 Elect Frederico Papatella Padovani as Fiscal Council Member and Luiz Felipe da Silva Veloso as Alternate (Appointed by CEMIG) Compensation Board ABSTAIN 3
TRANSMISSORA ALIANCA DE ENERGIA ELETRICA SA April 29, 2025 Elect Manuel Domingues de Jesus e Pinho as Fiscal Council Member and Luciana dos Santos Uchoa as Alternate (Appointed by ISA) Compensation Board ABSTAIN 3
TRINITY PLACE HOLDINGS INC. July 24, 2024 Approval, on an advisory basis, of the compensation of the company's named executive officers. Say-on-Pay Board AGAINST 3
TSC AUTO ID TECHNOLOGY CO. LTD. June 17, 2025 Elect CHEN MING YI with SHAREHOLDER NO.21142 as Non-independent Director Director Elections Board AGAINST 3
TSC AUTO ID TECHNOLOGY CO. LTD. June 17, 2025 Elect LUO YUE GUI, a Representative of TAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD. with SHAREHOLDER NO.1 as Non-independent Director Director Elections Board AGAINST 3
TSC AUTO ID TECHNOLOGY CO. LTD. June 17, 2025 Elect WANG HSING LEI with SHAREHOLDER NO.488 as Non-independent Director Director Elections Board AGAINST 3
TSC AUTO ID TECHNOLOGY CO. LTD. June 17, 2025 Elect WANG SHIU TING with SHAREHOLDER NO.2 as Non-independent Director Director Elections Board AGAINST 3
TUHU CAR INC. June 6, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
TUHU CAR INC. June 6, 2025 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
TURKIYE SIGORTA AS April 25, 2025 Approve Director Remuneration Compensation Board AGAINST 3
TURKIYE SIGORTA AS April 25, 2025 Approve Share Capital Increase without Preemptive Rights Capital Structure Board AGAINST 3
TURKIYE SIGORTA AS April 25, 2025 Elect Directors Director Elections Board AGAINST 3
TURKIYE SINAI KALKINMA BANKASI AS March 24, 2025 Approve Director Remuneration Compensation Board AGAINST 3
TURKIYE SINAI KALKINMA BANKASI AS March 24, 2025 Ratify Director Appointment Director Elections Board AGAINST 3
TUTOR PERINI CORP. May 15, 2025 Approve the compensation of the Company's named executive officers on an advisory (non-binding) basis. Say-on-Pay Board (inferred) AGAINST 3
TYLER TECHNOLOGIES INC. May 6, 2025 Shareholder Proposal Regarding Political Spending. Other Social Issues Shareholder Against FOR 3
Twist Bioscience Corporation February 5, 2025 Election of Class I Directors: Robert Ragusa Director Elections Board WITHHOLD 3
UBISOFT ENTERTAINMENT SA July 11, 2024 Reelect Claude Guillemot as Director Director Elections Board AGAINST 3
UBISOFT ENTERTAINMENT SA July 11, 2024 Reelect Yves Guillemot as Director Director Elections Board AGAINST 3
ULKER BISKUVI SANAYI AS June 12, 2025 Approve Director Remuneration Compensation Board AGAINST 3
UNI-PRESIDENT CHINA HOLDINGS LTD. June 6, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 3
UNI-PRESIDENT CHINA HOLDINGS LTD. June 6, 2025 Authorize Board to Fix Remuneration of Directors Compensation Board AGAINST 3
UNI-PRESIDENT CHINA HOLDINGS LTD. June 6, 2025 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 3
CAMPBELL SOUP CO. November 19, 2024 To vote on a shareholder proposal regarding a diversity audit. Diversity, Equity, and Inclusion Shareholder Against FOR 2
CENTENE CORP. May 13, 2025 STOCKHOLDER PROPOSAL TO DISCLOSE PLAN TO REDUCE TOTAL CONTRIBUTION TO CLIMATE CHANGE. Environment or Climate Shareholder Against FOR 2
CONSTELLATION BRANDS INC. July 17, 2024 Stockholder proposal on greenhouse gas emissions. Environment or Climate Shareholder Against FOR 2
CONSTELLATION BRANDS INC. July 17, 2024 Stockholder proposal on managing supply chain water risk. Environment or Climate Shareholder Against FOR 2
DIGITAL REALTY TRUST INC. June 6, 2025 A stockholder proposal regarding human right to water, if properly presented. Human Rights or Human Capital/workforce Shareholder Against FOR 2
ELEVANCE HEALTH INC. May 14, 2025 Shareholder proposal requesting report on the effectiveness of Diversity, Equity and Inclusion efforts. Diversity, Equity, and Inclusion Shareholder Against FOR 2
FOOT LOCKER INC. May 21, 2025 Vote on a Shareholder Proposal Requesting that the Company Adopt a Goal for Reducing Its Enterprise-wide Greenhouse Gas Emissions in Line with the Paris Agreement. Environment or Climate Shareholder Against FOR 2
OLD DOMINION FREIGHT LINE INC. May 21, 2025 Shareholder proposal regarding emission reduction targets. Environment or Climate Shareholder Against FOR 2
SOUTHERN CO. May 21, 2025 Stockholder proposal regarding disclosing assumptions underlying continued reliance on fossil fuel-based energy Environment or Climate Shareholder Against FOR 2
TRAVELERS COMPANIES INC. May 21, 2025 Shareholder proposal relating to a report on climate-related pricing and coverage decisions, if presented at the Annual Meeting of Shareholders. Environment or Climate Shareholder Against FOR 2
WALMART INC. June 5, 2025 Report on Reduction of Plastic Packaging and Recyclability Claims Environment or Climate Shareholder Against FOR 2
AMAZON.COM INC. May 21, 2025 Shareholder proposal requesting a report on data dosage oversight in AI offerings Other Social Issues Shareholder Against FOR 1
BEST BUY CO. INC. June 13, 2025 To vote on a shareholder proposal entitled "Publish Climate Transition Plan to Achieve Stated Goals" Environment or Climate Shareholder Against FOR 1
BEST BUY CO. INC. June 13, 2025 To vote on a shareholder proposal entitled "Publish a Report on the Company's LGBTQIA+ Inclusion Efforts in its Human Capital Management Strategy" Diversity, Equity, and Inclusion Shareholder Against FOR 1
CASEY'S GENERAL STORES INC. August 28, 2024 Shareholder proposal regarding greenhouse gas emissions reporting. Environment or Climate Shareholder Against FOR 1
CHEMOURS CO. April 22, 2025 Shareholder Proposal to Adopt a Policy to Assess Biodiversity Impacts prior to commencing Mining Operations. Environment or Climate Shareholder Against FOR 1
COLUMBIA SPORTSWEAR CO. June 5, 2025 Shareholder proposal regarding the adoption of GHG emissions reduction targets. Environment or Climate Shareholder Against FOR 1
Charter Communications, Inc. April 22, 2025 Stockholder proposal regarding political expenditures report. Other Social Issues Shareholder Against FOR 1
Cintas Corporation October 29, 2024 A shareholder proposal regarding political disclosure, if properly presented at the meeting. Other Social Issues Shareholder Against FOR 1
Cracker Barrel Old Country Store, Inc. November 21, 2024 Shareholder proposal requesting the Company disclose targets for reducing greenhouse gas emissions. Environment or Climate Shareholder Not determined FOR 1
DARDEN RESTAURANTS INC. September 18, 2024 To vote on a shareholder proposal requesting the Company disclose the percent of pork raised in group housing and establish targets for achieving 100% group housed pork if properly presented at the meeting. Other Social Issues Shareholder Against FOR 1
DARDEN RESTAURANTS INC. September 18, 2024 To vote on a shareholder proposal requesting the Company issue a report on if and how it will reduce greenhouse gas emissions in alignment with the Paris Agreement's 1.5 degree goal if properly presented at the meeting. Environment or Climate Shareholder Against FOR 1
GOLDMAN SACHS GROUP INC. April 23, 2025 Shareholder Proposal Regarding Disclosure of Energy Supply Financing Ratio Environment or Climate Shareholder Against FOR 1
HORMEL FOODS CORP. January 28, 2025 Stockholder proposal requesting publication of targets for significantly increasing group sow housing in the Company's supply chain, if properly presented at the meeting. Other Social Issues Shareholder Against FOR 1
KRAFT HEINZ CO. May 8, 2025 Stockholder Proposal - Report on recyclability claims, if properly presented. Environment or Climate Shareholder Against FOR 1
KROGER CO. June 26, 2025 Report on discarded cigarette pollution. Other Social Issues Shareholder Against FOR 1
MATTEL INC. May 28, 2025 Stockholder proposal to disclose plan to reduce total contribution to climate change. Environment or Climate Shareholder Against FOR 1
MCDONALD'S CORP. May 20, 2025 Advisory Vote on Disclosure on Climate Transition Plans. Environment or Climate Shareholder Against FOR 1
META PLATFORMS INC. May 28, 2025 A shareholder proposal regarding report on AI data usage oversight. Other Social Issues Shareholder Against FOR 1
MICROCHIP TECHNOLOGY INC. August 20, 2024 Stockholder proposal requesting that our Board of Directors commission an independent third-party report, at reasonable expense and excluding proprietary information, on our due diligence process to determine whether our customers' use of our products contribute or are linked to violations of international law. Human Rights or Human Capital/workforce Shareholder Against FOR 1
MICROSOFT CORP. December 10, 2024 Report on Risks of Weapons Development. Other Social Issues Shareholder Against FOR 1
Meta Platforms, Inc. May 28, 2025 A shareholder proposal regarding report on Al data usage oversight. Other Social Issues Shareholder Against FOR 1
Meta Platforms, Inc. May 28, 2025 A shareholder proposal regarding report on data collection and advertising practices. Other Social Issues Shareholder Against FOR 1
PEPSICO INC. May 7, 2025 Shareholder Proposal - Report on Risks Related to Biodiversity and Nature Loss. Environment or Climate Shareholder Against FOR 1
WALGREENS BOOTS ALLIANCE INC. January 30, 2025 Stockholder proposal requesting a report on cigarette waste. Other Social Issues Shareholder Against FOR 1

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