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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
Clover Biopharmaceuticals, Ltd. June 18, 2026 Elect Liang Joshua G as Director Director Elections Board AGAINST 2
Clover Biopharmaceuticals, Ltd. June 18, 2026 Elect Wang Xiaodong as Director Director Elections Board AGAINST 2
Cogna Educacao SA April 27, 2026 Approve Stock Option Plan Compensation Board AGAINST 2
Cogna Educacao SA April 27, 2026 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board ABSTAIN 2
Cogna Educacao SA April 27, 2026 Percentage of Votes to Be Assigned - Elect Angela Regina Rodrigues de Paula Freitas as Director Director Elections Board ABSTAIN 2
Cogna Educacao SA April 27, 2026 Percentage of Votes to Be Assigned - Elect Eduardo Christovam Galdi Mestieri as Director Director Elections Board ABSTAIN 2
Cogna Educacao SA April 27, 2026 Percentage of Votes to Be Assigned - Elect Juliana Rozenbaum Munemor as Independent Director Director Elections Board ABSTAIN 2
Cogna Educacao SA April 27, 2026 Percentage of Votes to Be Assigned - Elect Nicolau Ferreira Chacur as Board Vice-Chair Director Elections Board ABSTAIN 2
Cogna Educacao SA April 27, 2026 Percentage of Votes to Be Assigned - Elect Rodrigo Calvo Galindo as Board Chair Director Elections Board ABSTAIN 2
Cogna Educacao SA April 27, 2026 Percentage of Votes to Be Assigned - Elect Walfrido Silvino dos Mares Guia Neto as Director Director Elections Board ABSTAIN 2
Cognizant Technology Solutions Corporation June 2, 2026 Ratification of 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 2
Colonial SFL SOCIMI SA June 17, 2026 Reelect Juan Jose Brugera Clavero as Director Director Elections Board AGAINST 2
Colowide Co., Ltd. June 25, 2026 Approve Compensation Ceiling for Directors Who Are Not Audit Committee Members Compensation Board AGAINST 2
Colruyt Group NV September 24, 2025 Approve Remuneration Report Compensation Board AGAINST 2
Colruyt Group NV September 24, 2025 Reelect Korys Business Services I NV, Permanently Represented by Senne Hermans, as Director Director Elections Board AGAINST 2
Colruyt Group NV September 24, 2025 Reelect Korys Business Services II NV, Permanently Represented by Hilde Cerstelotte, as Director Director Elections Board AGAINST 2
Comba Telecom Systems Holdings Limited May 14, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Comba Telecom Systems Holdings Limited May 14, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Companhia de Saneamento de Minas Gerais April 30, 2026 Approve Remuneration of Company's Management and Fiscal Council Compensation Board AGAINST 2
Companhia de Saneamento de Minas Gerais April 30, 2026 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board ABSTAIN 2
Companhia de Saneamento de Minas Gerais April 30, 2026 Percentage of Votes to Be Assigned - Elect Carlos Alexandre Jorge da Costa as Independent Director Director Elections Board ABSTAIN 2
Companhia de Saneamento de Minas Gerais April 30, 2026 Percentage of Votes to Be Assigned - Elect Gustavo de Oliveira Barbosa as Director Director Elections Board ABSTAIN 2
Companhia de Saneamento de Minas Gerais April 30, 2026 Percentage of Votes to Be Assigned - Elect Marcia Fragoso Soares as Director Director Elections Board ABSTAIN 2
Companhia de Saneamento de Minas Gerais April 30, 2026 Percentage of Votes to Be Assigned - Elect Marilia Carvalho de Melo as Director Director Elections Board ABSTAIN 2
Companhia de Saneamento de Minas Gerais April 30, 2026 Percentage of Votes to Be Assigned - Elect Roberto Correa Barbuti as Independent Director Director Elections Board ABSTAIN 2
Compania de Minas Buenaventura SAA March 30, 2026 Appoint Auditors Audit-related Board AGAINST 2
Compania de Minas Buenaventura SAA March 30, 2026 Elect Roque Eduardo Benavides Ganoza as Director Director Elections Board AGAINST 2
Compass Minerals International, Inc. March 5, 2026 Approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 2
ContextLogic Inc. July 24, 2025 To approve the agreement and plan of reorganization (the "Reorganization Proposal"). Extraordinary Transactions Board AGAINST 2
ContextLogic Inc. July 24, 2025 To elect two Class III directors to serve on our Board of Directors until the 2028 Annual Meeting of Stockholders: Ted Goldthorpe Director Elections Board WITHHOLD 2
Corning Incorporated April 30, 2026 Advisory approval of our executive compensation (Say on Pay) Say-on-Pay Board (inferred) AGAINST 2
Corporativo Fragua SAB de CV March 23, 2026 Elect or Ratify Directors, Executive Committee Members, Audit and Corporate Practice Committee Members, Granting of Powers, and Approve Their Remuneration Director Elections Board AGAINST 2
General Motors Company June 2, 2026 Shareholder Proposal Requesting a Report on Human Rights Standards for Indigenous Peoples Human Rights or Human Capital/workforce Shareholder Against FOR 2
JPMorgan Chase & Co. May 19, 2026 Lobbying alignment Other Social Issues Shareholder Against FOR 2
Meta Platforms, Inc. May 27, 2026 A shareholder proposal regarding data protection impact assessment on generative Al chatbots. Other Social Issues Shareholder Against FOR 2
Microsoft Corporation December 5, 2025 Report on Data Operations in Human Rights Hotspots Human Rights or Human Capital/workforce Shareholder Against FOR 2
Steel Dynamics, Inc. May 6, 2026 SHAREHOLDER PROPOSAL - AVOID POLITICAL SPENDING BRAND DAMAGE Other Social Issues Shareholder Against FOR 2
Target Corporation June 10, 2026 Shareholder proposal requesting a report on presence of pesticides in Target's private label brands. Environment or Climate Shareholder Against FOR 2
Archer-Daniels-Midland Company May 7, 2026 Stockholder Proposal Regarding Issuance of a Report on Pesticide Use Data Reporting in Regenerative Agriculture Program Disclosures. Environment or Climate Shareholder Against FOR 1
AutoNation, Inc. April 28, 2026 Adoption of stockholder proposal regarding GHG report. Environment or Climate Shareholder Against FOR 1
Harley-Davidson, Inc. May 21, 2026 To vote on a shareholder proposal regarding a climate transition plan. Environment or Climate Shareholder Against FOR 1
Meta Platforms, Inc. May 27, 2026 A shareholder proposal regarding report on AI data usage oversight. Other Social Issues Shareholder Against FOR 1
Palantir Technologies Inc. June 3, 2026 Stockholder proposal entitled "Human Rights Impact Assessment", if properly presented at the Annual Meeting. Human Rights or Human Capital/workforce Shareholder Against FOR 1
Palantir Technologies Inc. June 3, 2026 Stockholder proposal entitled "Independent Report on Due Diligence Process", if properly presented at the Annual Meeting. Human Rights or Human Capital/workforce Shareholder Against FOR 1
Palantir Technologies Inc. June 3, 2026 Stockholder proposal entitled "Political Spending Disclosure", if properly presented at the Annual Meeting. Other Social Issues Shareholder Against FOR 1
PepsiCo, Inc. May 6, 2026 Shareholder Proposal - Report on Human Rights Oversight. Human Rights or Human Capital/workforce Shareholder Against FOR 1
Shopify Inc. June 16, 2026 Shareholder Proposal Vote on the shareholder proposal, as disclosed in the Management Information Circular for the Meeting. Other Social Issues Shareholder Against FOR 1
SkyWest, Inc. May 5, 2026 A shareholder proposal regarding collective bargaining policy. Human Rights or Human Capital/workforce Shareholder Against FOR 1
The Goldman Sachs Group, Inc. April 29, 2026 Shareholder Proposal Regarding Disclosure of Energy Supply Ratio Environment or Climate Shareholder Against FOR 1
The Kroger Co. June 25, 2026 Report on GHG emissions reductions. Environment or Climate Shareholder Against FOR 1
The Travelers Companies, Inc. May 20, 2026 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 1
Under Armour, Inc. September 3, 2025 To vote on a stockholder proposal, if properly presented at the Annual Meeting. Environment or Climate Shareholder Against FOR 1

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