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NASDAQ INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and NASDAQ INC.’s Form 8-K, filed June 14, 2024 (Item 5.07 on EDGAR). Page generated October 25, 2026.

  • 15Ballot items
  • 713Asset managers
  • 10,556Fund votes
  • June 11, 2024Meeting date

Results at a glance

Meeting of June 11, 2024: 15 items on NASDAQ INC.’s Form 8-K, filed June 14, 2024: 15 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore NASDAQ INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by NASDAQ INC.

These tallies are NASDAQ INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 14, 2024 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

NASDAQ INC. — official shareholder meeting results, meeting held June 11, 2024
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Melissa M. Arnoldi 340,861,0191,197,497529,831 --24,194,441 99.6%Not verified—
Elect Director: Charlene T. Begley 328,937,06013,132,551518,736 --24,194,441 96%Not verified—
Elect Director: Adena T. Friedman 320,106,74117,766,0174,715,589 --24,194,441 95%Not verified—
Elect Director: Essa Kazim 341,211,398883,743493,206 --24,194,441 99.7%Not verified—
Elect Director: Thomas A. Kloet 340,181,6141,891,598515,135 --24,194,441 99.4%Not verified—
Elect Director: Kathryn A. Koch 341,702,405381,015504,927 --24,194,441 99.8%Not verified—
Elect Director: Holden Spaht 341,705,283387,703495,361 --24,194,441 99.8%Not verified—
Elect Director: Michael R. Splinter 328,572,62313,492,077523,647 --24,194,441 96%Not verified—
Elect Director: Johan Torgeby 341,656,425305,282626,640 --24,194,441 99.9%Not verified—
Elect Director: Toni Townes-Whitley 340,852,1681,231,004505,175 --24,194,441 99.6%Not verified—
Elect Director: Jeffery W. Yabuki 340,776,9021,271,122540,323 --24,194,441 99.6%Not verified—
Elect Director: Alfred W. Zollar 339,103,2632,978,364506,720 --24,194,441 99.1%Not verified—
2. Approval of the Company's Executive Compensation on an Advisory Basis 333,421,8048,540,999625,544 --24,194,441 98%Not verified—
3. Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2024 344,543,17921,747,864491,745 ---- 94%Not verified—
4. Shareholder Proposal – "Special Shareholder Meeting Improvement" 85,306,557256,613,144668,646 --24,194,441 25%Not verified—

This meeting is also recorded here as June 12, 2024; both records come from the same filing, so the date should be checked against it.

Source: NASDAQ INC., Form 8-K, filed with the SEC on June 14, 2024 — read the filing on EDGAR.

How asset managers voted at the NASDAQ INC. 2023-2024 meeting

Each item below shows how the 713 asset managers that disclosed a NASDAQ INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Adena T. Friedman

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 320,106,741AGAINST: 17,766,017
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Adena T. Friedman

NASDAQ INC.’s own tally for this item (“Elect Director: Adena T. Friedman”): 320,106,741 for, 17,766,017 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,691,850 for, 149,936 against, 208,804 abstained.

FOR
FOR: 118,691,850AGAINST: 149,936ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Adena T. Friedman” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,599,764283 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

2. Elect Director: Alfred W. Zollar

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 339,103,263AGAINST: 2,978,364
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Alfred W. Zollar

NASDAQ INC.’s own tally for this item (“Elect Director: Alfred W. Zollar”): 339,103,263 for, 2,978,364 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,823,543 for, 20,589 against, 208,804 abstained.

FOR
FOR: 118,823,543AGAINST: 20,589ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Alfred W. Zollar” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

3. Elect Director: Charlene T. Begley

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 328,937,060AGAINST: 13,132,551
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Charlene T. Begley

NASDAQ INC.’s own tally for this item (“Elect Director: Charlene T. Begley”): 328,937,060 for, 13,132,551 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 113,336,563 for, 5,505,224 against, 208,804 abstained.

FOR
FOR: 113,336,563AGAINST: 5,505,224ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Charlene T. Begley” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard29,910,7565,045,254 00Mixed
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,241,52128,948 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National478,235408,853 00Mixed
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

4. Elect Director: Essa Kazim

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 341,211,398AGAINST: 883,743
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Essa Kazim

NASDAQ INC.’s own tally for this item (“Elect Director: Essa Kazim”): 341,211,398 for, 883,743 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,840,899 for, 888 against, 208,804 abstained.

FOR
FOR: 118,840,899AGAINST: 888ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Essa Kazim” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

5. Elect Director: Holden Spaht

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 341,705,283AGAINST: 387,703
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Holden Spaht

NASDAQ INC.’s own tally for this item (“Elect Director: Holden Spaht”): 341,705,283 for, 387,703 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,841,787 for, 208,804 abstained.

FOR
FOR: 118,841,787ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Holden Spaht” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

6. Elect Director: Jeffery W. Yabuki

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 340,776,902AGAINST: 1,271,122
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Jeffery W. Yabuki

NASDAQ INC.’s own tally for this item (“Elect Director: Jeffery W. Yabuki”): 340,776,902 for, 1,271,122 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,741,034 for, 100,753 against, 208,804 abstained.

FOR
FOR: 118,741,034AGAINST: 100,753ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Jeffery W. Yabuki” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

7. Elect Director: Johan Torgeby

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%
FOR: 341,656,425AGAINST: 305,282
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Johan Torgeby

NASDAQ INC.’s own tally for this item (“Elect Director: Johan Torgeby”): 341,656,425 for, 305,282 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,835,554 for, 6,233 against, 208,804 abstained.

FOR
FOR: 118,835,554AGAINST: 6,233ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Johan Torgeby” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

8. Elect Director: Kathryn A. Koch

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 341,702,405AGAINST: 381,015
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Kathryn A. Koch

NASDAQ INC.’s own tally for this item (“Elect Director: Kathryn A. Koch”): 341,702,405 for, 381,015 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,835,554 for, 6,233 against, 208,804 abstained.

FOR
FOR: 118,835,554AGAINST: 6,233ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Kathryn A. Koch” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

9. Elect Director: Melissa M. Arnoldi

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 340,861,019AGAINST: 1,197,497
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Melissa M. Arnoldi

NASDAQ INC.’s own tally for this item (“Elect Director: Melissa M. Arnoldi”): 340,861,019 for, 1,197,497 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,760,494 for, 87,353 against, 208,804 abstained.

FOR
FOR: 118,760,494AGAINST: 87,353ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Melissa M. Arnoldi” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

10. Elect Director: Michael R. Splinter

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 328,572,623AGAINST: 13,492,077
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Michael R. Splinter

NASDAQ INC.’s own tally for this item (“Elect Director: Michael R. Splinter”): 328,572,623 for, 13,492,077 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,707,639 for, 134,147 against, 208,804 abstained.

FOR
FOR: 118,707,639AGAINST: 134,147ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Michael R. Splinter” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,599,0111,036 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

11. Elect Director: Thomas A. Kloet

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 340,181,614AGAINST: 1,891,598
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Thomas A. Kloet

NASDAQ INC.’s own tally for this item (“Elect Director: Thomas A. Kloet”): 340,181,614 for, 1,891,598 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,840,904 for, 883 against, 208,804 abstained.

FOR
FOR: 118,840,904AGAINST: 883ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Thomas A. Kloet” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

12. Elect Director: Toni Townes-Whitley

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 340,852,168AGAINST: 1,231,004
Details: description as filed, official tally, votes by 143 asset managers

Description as filed by funds: Election of 12 Directors: Toni Townes-Whitley

NASDAQ INC.’s own tally for this item (“Elect Director: Toni Townes-Whitley”): 340,852,168 for, 1,231,004 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 143 asset managers below reported 118,734,801 for, 106,986 against, 208,804 abstained.

FOR
FOR: 118,734,801AGAINST: 106,986ABSTAIN: 208,804
Largest asset managers voting on “Election of 12 Directors: Toni Townes-Whitley” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
AMERICAN BEACON FUNDS696,7210 00For
FRANKLIN STRATEGIC SERIES659,5000 00For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

13. 2. Approval of the Company's Executive Compensation on an Advisory Basis

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 20 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 333,421,804AGAINST: 8,540,999
Details: description as filed, official tally, votes by 691 asset managers

Description as filed by funds: Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement

NASDAQ INC.’s own tally for this item (“2. Approval of the Company's Executive Compensation on an Advisory Basis”): 333,421,804 for, 8,540,999 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of NASDAQ INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (25 managers, Fund and manager reports combined; may count the same shares twice; no share total shown); “SAY ON PAY” (2 managers, 1,272 for).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 137 asset managers voting on “Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,600,0470 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS1,227,4990 00For
Brighthouse821,1770 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
FRANKLIN STRATEGIC SERIES659,5000 00For
Virtus646,3870 00For

Fund voting reports, all 137 managers: 118,224,644 for, 239,997 against, 179,120 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 585 asset managers voting on “Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
THOMA BRAVO, L.P.85,608,4140 00For
INVESTOR AB28,826,6310 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/23,841,6300 00For
BlackRock14,460,3410 00For
Man Group plc14,297,4300 00For
Wellington10,361,1550 00For
New York Life10,000,0000 00For
GEODE CAPITAL MANAGEMENT, LLC9,508,9450 00For
State Street9,287,6640 00For
FRANKLIN ADVISERS INC9,107,4050 00For
FARALLON CAPITAL MANAGEMENT LLC8,436,7190 00For
John Hancock7,481,8390 00For
Capital Group5,783,64054 00For
BESSEMER TRUST Co NATIONAL ASSOCIATION3,332,9840 00For
Northern Trust3,150,1453,067 00For
Goldman Sachs2,849,3380 00For
Invesco2,518,2740 00For
Two Sigma2,415,4240 00For
Bessemer Trust CO of Delaware, N.A.2,320,0680 00For
Citadel2,313,2500 00For
BESSEMER TRUST Co OF FLORIDA2,269,8240 00For
Liontrust Investment Partners LLP2,230,7800 00For
Charles Schwab2,059,2180 00For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM2,003,1790 00For
BESSEMER TRUST CO2,000,6800 00For

Institutional-manager reports, all 585 managers: 332,022,985 for, 5,899,818 against, 16,243 withheld, 353 abstained, 9,640 not voted, 300 unknown. Showing the 25 largest; see all in the interactive database.

14. 3. Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm…

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 344,543,179AGAINST: 21,747,864
Details: description as filed, official tally, votes by 144 asset managers

Description as filed by funds: Ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024

NASDAQ INC.’s own tally for this item (“3. Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2024”): 344,543,179 for, 21,747,864 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 144 asset managers below reported 117,200,813 for, 1,426,188 against, 183,407 abstained.

FOR
FOR: 117,200,813AGAINST: 1,426,188ABSTAIN: 183,407
Largest asset managers voting on “Ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for ” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,956,0100 00For
MFS14,748,0050 00For
BlackRock11,832,9920 00For
Fidelity9,569,0210 00For
FRANKLIN MANAGED TRUST7,466,0280 00For
Capital Group5,035,2680 00For
State Street3,599,0111,036 00For
John Hancock3,270,4690 00For
Invesco2,313,5770 00For
DIAMOND HILL FUNDS2,258,0440 00For
Charles Schwab2,022,4930 00For
Dimensional1,525,6630 00For
TIAA1,352,5020 00For
STERLING CAPITAL FUNDS01,227,499 00Against
Brighthouse826,4820 179,1200Mixed
Goldman Sachs951,1750 00For
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National887,0880 00For
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial717,4700 00For
Bridge Builder Trust709,4660 00For
FRANKLIN STRATEGIC SERIES659,5000 00For
Virtus646,3870 00For

Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.

15. 4. Shareholder Proposal – "Special Shareholder Meeting Improvement"

Outcome not verifiedCORPORATE GOVERNANCEReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

25% Majority: no · of votes cast

FOR 25%AGAINST
FOR: 85,306,557AGAINST: 256,613,144
Details: description as filed, official tally, votes by 137 asset managers

Description as filed by funds: A Shareholder Proposal entitled "Special Shareholder Meeting Improvement"

NASDAQ INC.’s own tally for this item (“4. Shareholder Proposal – "Special Shareholder Meeting Improvement"”): 85,306,557 for, 256,613,144 against, per its Form 8-K filed June 14, 2024 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 25% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of NASDAQ INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Reduce Ownership Threshold for Shareholders to Call Special Meeting” (9 managers, 117,889 for, 12,464,486 against, 4,287 abstained).

The 137 asset managers below reported 10,845,011 for, 95,171,874 against, 204,517 abstained.

AGAINST
FOR: 10,845,011AGAINST: 95,171,874ABSTAIN: 204,517
Largest asset managers voting on “A Shareholder Proposal entitled "Special Shareholder Meeting Improvement"” at NASDAQ INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard47,10034,908,910 00Against
MFS014,748,005 00Against
Fidelity34,7009,534,321 00Against
FRANKLIN MANAGED TRUST07,466,028 00Against
Capital Group05,035,268 00Against
State Street10,8013,589,246 00Against
John Hancock3,073,074197,395 00Mixed
Invesco02,313,577 00Against
DIAMOND HILL FUNDS02,258,044 00Against
Charles Schwab02,022,493 00Against
Dimensional01,525,663 00Against
TIAA01,352,502 00Against
STERLING CAPITAL FUNDS01,227,499 00Against
Brighthouse87,492733,685 179,1200Mixed
Goldman Sachs0951,175 00Against
First Trust926,9140 00For
OLD WESTBURY FUNDS INC887,3870 00For
Jackson National0887,088 00Against
Columbia Threadneedle860,7920 00For
Principal728,3890 00For
Lincoln Financial0717,470 00Against
Bridge Builder Trust681,53527,931 00For
FRANKLIN STRATEGIC SERIES0659,500 00Against
Virtus646,3870 00For
Equitable14,005545,078 00Against

Showing the 25 largest of 137 asset managers. See all 137 in the interactive database.

Largest NASDAQ INC. shareholders voting in 2023-2024

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 575,758,581 shares outstanding at the time of that meeting.

Fund voting reports: top NASDAQ INC. shareholders by shares voted on “Ratification of the appointment of Ernst & Young LLP as our independent registered public…”, 2023-2024
#Asset manager % of shares outstanding
1Vanguard 6.07%
2MFS 2.56%
3BlackRock 2.06%
4Fidelity 1.66%
5FRANKLIN MANAGED TRUST 1.30%
6Capital Group 0.87%
7State Street 0.63%
8John Hancock 0.57%
9Invesco 0.40%
10DIAMOND HILL FUNDS 0.39%
Institutional-manager reports: top NASDAQ INC. shareholders by shares voted on “Advisory vote to approve the Company's executive compensation as presented in the Proxy…”, 2023-2024
#Asset manager % of shares outstanding
1THOMA BRAVO, L.P. 14.87%
2INVESTOR AB 5.01%
3MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 4.14%
4BlackRock 2.51%
5Man Group plc 2.48%
6Wellington 1.80%
7New York Life 1.74%
8GEODE CAPITAL MANAGEMENT, LLC 1.65%
9State Street 1.61%
10FRANKLIN ADVISERS INC 1.58%

Reported NASDAQ INC. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

NASDAQ INC. holdings and ownership disclosed for the 2023-2024 proxy season
Holder % outstanding Disclosure
Thoma Bravo 14.87% DEF14A
Vanguard Group 10.36% 13F
Borse Dubai Limited 10.13% DEF14A
Investor AB 3 Arsenalsgatan 8C, S-103 32 Stockholm, Sweden 10.11% DEF14A
BlackRock 6.98% 13F
State Street 2.73% 13F
Wellington Management 1.86% 13F
Geode Capital 1.65% 13F
Franklin Templeton 1.59% 13F
Goldman Sachs 1.01% 13F

Percentages above are of 575,758,581 shares outstanding, as reported by NASDAQ INC. on its Form 10-Q dated March 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from NASDAQ INC.’s 10-Q dated March 31, 2024. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.

At NASDAQ INC.'s shareholder meeting held June 11, 2024, in the 2023-2024 proxy season, 713 asset managers reported how they voted on 15 ballot items in their SEC Form N-PX filings, covering 10,556 separate fund positions. On the most widely held item on that ballot — Advisory vote to approve the Company's executive compensation as presented in the Proxy… — FOR was 98% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: NASDAQ INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 14, 2024.

NASDAQ INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

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