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Fidelity 2025-2026: where it broke with the board

At least 6,052 proposals in the 2025-2026 proxy season: Fidelity voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 52 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

6,052 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, 2025-2026 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
Brag House Holdings, Inc. April 7, 2026 Issue Shares in Connection with Merger Extraordinary Transactions Board AGAINST 2
Brilliance China Automotive Holdings Limited June 18, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Brilliance China Automotive Holdings Limited June 18, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Brilliance China Automotive Holdings Limited June 18, 2026 Elect Jiang Bo as Director Director Elections Board AGAINST 2
Brookdale Senior Living Inc. July 11, 2025 Election of Directors: Company Nominees: Lee S. Wielansky Director Elections Board WITHHOLD 2
Brookdale Senior Living Inc. July 11, 2025 Election of Directors: Company Nominees: Victoria L. Freed Director Elections Board WITHHOLD 2
Bumrungrad Hospital Public Company Limited April 22, 2026 Elect Chong Toh as Director Director Elections Board AGAINST 2
Bupa Arabia for Cooperative Insurance Co. June 30, 2026 Ratify Appointment of Penelope Ruth Dudley as Non-Executive Member of the Board Director Elections Board AGAINST 2
Bupa Arabia for Cooperative Insurance Co. June 30, 2026 Ratify Auditors and Fix Their Remuneration for Q2, Q3, Q4 and Annual Statements of FY 2026 and Q1 of FY 2027 Audit-related Board AGAINST 2
C&A Modas SA April 29, 2026 Approve Restricted Stock Plan and Performance Stock Plan Compensation Board AGAINST 2
CA Immobilien Anlagen AG May 6, 2026 Approve Remuneration Report Compensation Board AGAINST 2
CACI International Inc. October 16, 2025 To approve on a non-binding, advisory basis the compensation of our named executive officers; Say-on-Pay Board (inferred) AGAINST 2
CDT Equity Inc. March 17, 2026 To approve (A) the redomestication of the Company from the State of Delaware to the Cayman Islands by conversion under Delaware Law and (B)(i) the redomestication of the Company from the State of Delaware to the Cayman Islands by a transfer by way of continuation under the laws of the Cayman Islands and (ii) the adoption of the memorandum and articles of association of the Company (the "Cayman Articles"), substantially in the form attached as Annex E to this proxy statement (the "Redomestication Proposal" or "Proposal No. 6"). Extraordinary Transactions Board AGAINST 2
CECONOMY AG February 18, 2026 Elect Christoph Vilanek to the Supervisory Board Director Elections Board AGAINST 2
CECONOMY AG February 18, 2026 Elect Erich Schuhmacher to the Supervisory Board Director Elections Board AGAINST 2
CEMTREX INC. May 15, 2026 Election of Directors: Saagar Govil Director Elections Board ABSTAIN 2
CEVA, Inc. June 2, 2026 Advisory vote to approve named executive officer compensation Say-on-Pay Board AGAINST 2
CEWE Stiftung & Co. KGaA June 3, 2026 Approve Remuneration Report Compensation Board AGAINST 2
CF Industries Holdings, Inc. April 28, 2026 Advisory vote to approve the compensation of CF Industries Holdings, Inc.'s named executive officers. Say-on-Pay Board (inferred) AGAINST 2
CIMC Enric Holdings Limited May 20, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
CIMC Enric Holdings Limited May 20, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
CITIC Telecom International Holdings Limited May 20, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
CITIC Telecom International Holdings Limited May 20, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
CMB.TECH NV May 21, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
CMOC Group Limited April 28, 2026 Approve Purchase of Structured Deposit with Internal Idle Fund Extraordinary Transactions Board AGAINST 2
CPI Europe AG May 5, 2026 Approve Creation of EUR 69.3 Million Pool of Authorized Capital with or without Exclusion of Preemptive Rights Capital Structure Board AGAINST 2
CPI Europe AG May 5, 2026 Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 716.2 Million; Approve Creation of EUR 13.9 Million Pool of Capital to Guarantee Conversion Rights Capital Structure Board AGAINST 2
CPI Europe AG May 5, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
CTF Services Limited November 18, 2025 Amend 2021 Share Option Scheme and Adopt Revised 2021 Share Option Scheme Compensation Board AGAINST 2
CTF Services Limited November 18, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
CTF Services Limited November 18, 2025 Approve PricewaterhouseCoopers as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2
CTF Services Limited November 18, 2025 Approve Refreshment of the Scheme Mandate Limit under 2021 Share Option Scheme Compensation Board AGAINST 2
CTF Services Limited November 18, 2025 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
CTF Services Limited November 18, 2025 Elect Shek Lai Him, Abraham as Director Director Elections Board AGAINST 2
CTS Eventim AG & Co. KGaA May 27, 2026 Approve Remuneration Report Compensation Board AGAINST 2
Cadence Design Systems, Inc. May 7, 2026 ADVISORY RESOLUTION TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION Say-on-Pay Board (inferred) AGAINST 2
Cafe de Coral Holdings Limited August 19, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Cafe de Coral Holdings Limited August 19, 2025 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
CaliberCos Inc. January 30, 2026 To approve an amendment of the Company's 2024 Equity Incentive Plan to (i) increase the number of shares available for grant of awards by 1,000,000 shares and (ii) to incorporate provisions for annual increases on the first day of each calendar year, beginning on January 1, 2027 and ending on January 1, 2034, equal to 15% of the total shares of our Class A common stock outstanding on the last day of the immediately preceding calendar year (the "Plan Proposal"). Compensation Board AGAINST 2
Cambricon Technologies Corp. Ltd. November 27, 2025 Elect Chen Tianshi as Director Director Elections Board AGAINST 2
Cambricon Technologies Corp. Ltd. November 27, 2025 Elect Jin Xiaoguang as Director Director Elections Board AGAINST 2
Cambricon Technologies Corp. Ltd. November 27, 2025 Elect Liu Shaoli as Director Director Elections Board AGAINST 2
Cambricon Technologies Corp. Ltd. November 27, 2025 Elect Liu Xinyu as Director Director Elections Board AGAINST 2
Cambricon Technologies Corp. Ltd. November 27, 2025 Elect Ye Haoyin as Director Director Elections Board AGAINST 2
Camden Property Trust May 8, 2026 Approval, by an advisory vote, of executive compensation. Say-on-Pay Board (inferred) AGAINST 2
Capital One Financial Corporation May 8, 2026 Advisory vote on our Named Executive Officer compensation ("Say on Pay"). Say-on-Pay Board (inferred) AGAINST 2
Capstone Holding Corp. June 18, 2026 To approve an amendment to the Capstone Holding Corp. 2025 Stock Incentive Plan (the "Plan") to increase the number of shares of common stock subject to the Plan from 21.5% of the number of shares of common stock outstanding as of the first trading day of each quarter to 35% of the number of shares of common stock outstanding as of the first trading day of each quarter. Compensation Board AGAINST 2
Carabao Group Public Company Limited April 24, 2026 Elect Romtham Sathientham as Director Director Elections Board AGAINST 2
CareTrust REIT, Inc. April 29, 2026 Approval, on an advisory basis, of the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 2
Carl Zeiss Meditec AG March 26, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
Carl Zeiss Meditec AG March 26, 2026 Approve Remuneration Report Compensation Board AGAINST 2
Carnival Corporation April 17, 2026 To re-elect Stuart Subotnick as a Director of Carnival Corporation and as a Director of Carnival plc. Director Elections Board AGAINST 2
Cartesian Therapeutics, Inc. June 12, 2026 Election of Directors: Timothy A. Springer, Ph.D. Director Elections Board WITHHOLD 2
Catalyst Metals Limited November 13, 2025 Elect Robin Scrimgeour as Director Director Elections Board AGAINST 2
Celcuity Inc. May 14, 2026 Elect eight directors: Polly A. Murphy Director Elections Board WITHHOLD 2
Celcuity Inc. May 14, 2026 Elect eight directors: Richard E. Buller Director Elections Board WITHHOLD 2
Cellcom Israel Ltd. December 31, 2025 Reappoint Kost Forer Gabbay & Kasierer (EY) as Auditors Audit-related Board AGAINST 2
Cellcom Israel Ltd. December 31, 2025 Reelect Richard Hunter as Director Director Elections Board AGAINST 2
Cellcom Israel Ltd. December 31, 2025 Reelect Yuval Cohen as Director Director Elections Board AGAINST 2
Cementir Holding NV April 23, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
Cementir Holding NV April 23, 2026 Reelect Alessandro Caltagirone as Non-Executive Director Director Elections Board AGAINST 2
Cementir Holding NV April 23, 2026 Reelect Fabio Corsico as Non-Executive Director Director Elections Board AGAINST 2
Centuria Capital Group November 28, 2025 Elect John Slater as Director Director Elections Board AGAINST 2
Champion Iron Limited August 28, 2025 Approve Remuneration Report Compensation Board AGAINST 2
Champion Iron Limited August 28, 2025 Elect Gary Lawler as Director Director Elections Board AGAINST 2
Champion Iron Limited August 28, 2025 Elect Michael O' Keeffe as Director Director Elections Board AGAINST 2
Champion Iron Limited August 28, 2025 Elect Michelle Cormier as Director Director Elections Board AGAINST 2
Chegg, Inc. June 12, 2026 Election of two Class I directors and one Class III director: Dan Rosensweig (Class I) Director Elections Board AGAINST 2
Chegg, Inc. June 12, 2026 Election of two Class I directors and one Class III director: Renee Budig (Class III) Director Elections Board AGAINST 2
Chegg, Inc. June 12, 2026 Election of two Class I directors and one Class III director: Ted Schlein (Class I) Director Elections Board AGAINST 2
China Conch Venture Holdings Limited June 25, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
China Conch Venture Holdings Limited June 25, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
China Datang Corporation Renewable Power Co., Limited June 25, 2026 Approve Registration of Debt Financing Instruments of Non-Financial Enterprises Capital Structure Board AGAINST 2
China Everbright Environment Group Limited May 27, 2026 Elect Fan Yan Hok, Philip as Director Director Elections Board AGAINST 2
China Medical System Holdings Limited April 23, 2026 Authorize Board to Fix Remuneration of Directors Compensation Board AGAINST 2
China Merchants Energy Shipping Co., Ltd. September 26, 2025 Approve Related-party Transaction for the Acquisition of Domestic Office Property for Self-use Extraordinary Transactions Board AGAINST 2
China Overseas Land & Investment Ltd. June 24, 2026 Authorize Board to Fix Remuneration of Directors Compensation Board AGAINST 2
China Resources Beer (Holdings) Company Limited May 20, 2026 Elect Houang Tai Ninh as Director Director Elections Board AGAINST 2
China Resources Beer (Holdings) Company Limited May 20, 2026 Elect Li Ka Cheung, Eric as Director Director Elections Board AGAINST 2
China Resources Pharmaceutical Group Limited June 12, 2026 Elect Bai Xiaosong as Director Director Elections Board AGAINST 2
China Resources Pharmaceutical Group Limited June 12, 2026 Elect Shi Luwen as Director Director Elections Board AGAINST 2
Chow Sang Sang Holdings International Limited May 29, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Chow Sang Sang Holdings International Limited May 29, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Cintas Corporation October 28, 2025 To approve, on an advisory basis, named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 2
Citi Trends, Inc. June 10, 2026 Election of Directors: Pamela Edwards Director Elections Board AGAINST 2
Citigroup Inc. May 20, 2026 Advisory vote to approve our 2025 Executive Compensation. Say-on-Pay Board (inferred) AGAINST 2
Clarkson Plc May 7, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
Clarkson Plc May 7, 2026 Approve Remuneration Report Compensation Board AGAINST 2
Clarkson Plc May 7, 2026 Re-elect Tim Miller as Director Director Elections Board AGAINST 2
Classover Holdings, Inc. July 18, 2025 Authorized Share Proposal Approve an amendment to the Company's amended and restated certificate of incorporation to increase the total number of shares of Class B Common Stock the Company is authorized to issue from 450,000,000 shares to 2,000,000,000 shares. Capital Structure Board AGAINST 2
Classover Holdings, Inc. July 18, 2025 Nasdaq Proposal Approve the issuance of Class B Common Stock in excess of 19.99% of the issued and outstanding shares of the Company in connection with that certain Equity Purchase Facility Agreement and the Securities Purchase Agreement. Capital Structure Board AGAINST 2
Clean Harbors, Inc. May 20, 2026 To approve on a non-binding, advisory basis, the compensation of the Company's named executive officers as described in the Company's definitive proxy statement. Say-on-Pay Board (inferred) AGAINST 2
Clinica Baviera SA May 27, 2026 Advisory Vote on Remuneration Report Compensation Board AGAINST 2
Clinica Baviera SA May 27, 2026 Reelect Bang Chen as Director Director Elections Board AGAINST 2
Clinica Baviera SA May 27, 2026 Reelect Li Li as Director Director Elections Board AGAINST 2
Clinica Baviera SA May 27, 2026 Reelect Shijun Wu as Director Director Elections Board AGAINST 2
Clinica Baviera SA May 27, 2026 Reelect Yongmei Zhang as Director Director Elections Board AGAINST 2
Clover Biopharmaceuticals, Ltd. June 18, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Clover Biopharmaceuticals, Ltd. June 18, 2026 Authorize Board to Fix Remuneration of Directors Compensation Board AGAINST 2
Clover Biopharmaceuticals, Ltd. June 18, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2

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