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Compiled from SEC Form N-PX filings and NUSTAR ENERGY LP’s Form 8-K, filed May 2, 2024 (Item 5.07 on EDGAR). Page generated October 25, 2026.
Meeting of May 1, 2024: 2 items on NUSTAR ENERGY LP’s Form 8-K, filed May 2, 2024: 2 without a stated outcome.
Meeting of April 23, 2024: 4 items on NUSTAR ENERGY LP’s Form 8-K, filed April 29, 2024: 4 without a stated outcome.
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
Explore NUSTAR ENERGY LP in the interactive database Compare manager voting policies
These tallies are NUSTAR ENERGY LP’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 2, 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. NUSTAR ENERGY LP reported 2 meetings in this season; each is tabulated separately below, with its own filing.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| 1. The Merger Proposal: To approve and adopt the Agreement and Plan of Merger, by and among NuStar, Sunoco, Merger Sub, NuStar GP, NuStar Managing GP, and Sunoco GP, and the transactions contemplated thereby, including the merger of Merger Sub with and into Nu | 87,139,499 | 1,092,545 | 351,170 | -- | -- | 99% | Not verified | a supermajority of the shares outstanding |
| 2. The Compensation Proposal: To approve, by a non-binding, advisory vote, the compensation that may be received by NuStar Managing GP's named executive officers in connection with the Merger | 19,230,848 | 68,775,235 | 577,131 | -- | -- | 22% | Not verified | — |
Source: NUSTAR ENERGY LP, Form 8-K, filed with the SEC on May 2, 2024 — read the filing on EDGAR.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Bradley C. Barron | 89,081,022 | -- | -- | 1,078,612 | 20,829,379 | 99% | Not verified | — |
| Elect Director: William B. Burnett | 89,573,386 | -- | -- | 586,248 | 20,829,379 | 99.3% | Not verified | — |
| Elect Director: W. Grady Rosier | 88,068,715 | -- | -- | 2,090,919 | 20,829,379 | 98% | Not verified | — |
| • Proposal No. 2 - Ratification of the appointment of KPMG LLP as the Partnership's independent registered public accounting firm for 2024. | 109,899,124 | 488,305 | 601,584 | -- | -- | 99.5% | Not verified | — |
Source: NUSTAR ENERGY LP, Form 8-K, filed with the SEC on April 29, 2024 — read the filing on EDGAR.
Each item below shows how the 153 asset managers that disclosed a NUSTAR ENERGY LP 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. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of NUSTAR ENERGY LP’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Meeting held April 23, 2024.
Combines 4 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Bradley C. Barron
NUSTAR ENERGY LP’s own tally for this item (“Elect Director: Bradley C. Barron”): 89,081,022 for, 1,078,612 withheld, per its Form 8-K filed April 29, 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% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 29 asset managers below reported 35,366,357 for, 122,316 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 18,518,895 | 0 | 0 | 0 | For |
| Global X | 5,314,793 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,559,800 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,709,139 | 0 | 0 | 0 | For |
| Brookfield Investment Funds | 1,524,776 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 671,002 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 193,549 | 0 | 0 | 0 | For |
| USCF ETF Trust | 0 | 0 | 0 | 122,316 | Withhold |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 89,988 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 78,791 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 42,858 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,639 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 24,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.
Meeting held April 23, 2024.
Combines 4 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: W. Grady Rosier
NUSTAR ENERGY LP’s own tally for this item (“Elect Director: W. Grady Rosier”): 88,068,715 for, 2,090,919 withheld, per its Form 8-K filed April 29, 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 + WITHHELD); abstentions and broker non-votes are excluded.
The 29 asset managers below reported 35,360,296 for, 128,377 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 18,518,895 | 0 | 0 | 0 | For |
| Global X | 5,314,793 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,559,800 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,580,762 | 0 | 128,377 | 0 | Mixed |
| Brookfield Investment Funds | 1,524,776 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 671,002 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 193,549 | 0 | 0 | 0 | For |
| USCF ETF Trust | 122,316 | 0 | 0 | 0 | For |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 89,988 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 78,791 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 42,858 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,639 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 24,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.
Meeting held April 23, 2024.
Combines 4 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: William B. Burnett
NUSTAR ENERGY LP’s own tally for this item (“Elect Director: William B. Burnett”): 89,573,386 for, 586,248 withheld, per its Form 8-K filed April 29, 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: 99.3% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 29 asset managers below reported 35,488,673 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 18,518,895 | 0 | 0 | 0 | For |
| Global X | 5,314,793 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,559,800 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,709,139 | 0 | 0 | 0 | For |
| Brookfield Investment Funds | 1,524,776 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 671,002 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 193,549 | 0 | 0 | 0 | For |
| USCF ETF Trust | 122,316 | 0 | 0 | 0 | For |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 89,988 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 78,791 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 42,858 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,639 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 24,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.
Meeting held May 1, 2024.
Combines 6 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: The Merger Proposal: To approve and adopt the Agreement and Plan of Merger (the "Merger Agreement"), by and among NuStar Energy L.P. ("NuStar"), Sunoco LP ("Sunoco"), Saturn Merger Sub, LLC ("Merger Sub"), Riverwalk Logistics, L.P., NuStar GP, LLC (the "NuStar Managing GP"), and Sunoco GP LLC, and the transactions contemplated thereby, including the merger of Merger Sub with and into NuStar (the "Merger") with NuStar surviving the Merger as a subsidiary of Sunoco;
NUSTAR ENERGY LP’s own tally for this item (“1. The Merger Proposal: To approve and adopt the Agreement and Plan of Merger, by and among NuStar, Sunoco, Merger Sub, NuStar GP, NuStar Managing GP, and Sunoco GP, and the transactions contemplated thereby, including t”): 87,139,499 for, 1,092,545 against, per its Form 8-K filed May 2, 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% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Voting standard, as the filing states it: a supermajority of the shares outstanding (“70% of the voting power”).
The 31 asset managers below reported 35,140,385 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 18,482,140 | 0 | 0 | 0 | For |
| Global X | 5,387,200 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,728,563 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,698,258 | 0 | 0 | 0 | For |
| Brookfield Investment Funds | 1,087,356 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 587,039 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 219,260 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 90,814 | 0 | 0 | 0 | For |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 75,888 | 0 | 0 | 0 | For |
| USCF ETF Trust | 61,766 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,675 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 35,918 | 0 | 0 | 0 | For |
| LOCORR INVESTMENT TRUST | 30,743 | 0 | 0 | 0 | For |
Showing the 25 largest of 31 asset managers. See all 31 in the interactive database.
Meeting held May 1, 2024.
Combines 4 wordings of this item as funds reported it.
99.9% of fund votes cast · no official result
Description as filed by funds: The Adjournment Proposal: To approve the adjournment of the NuStar Special Meeting, if necessary, to solicit additional proxies in favor of the Merger Proposal, if (a) there are holders of an insufficient number of NuStar Common Units present online or by proxy at the NuStar Special Meeting to constitute a quorum at such meeting or (b) there are insufficient votes at the time of such adjournment to approve the Merger Proposal.
The 29 asset managers below reported 35,078,357 for, 1,357 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 18,482,140 | 0 | 0 | 0 | For |
| Global X | 5,387,200 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,728,563 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,698,258 | 0 | 0 | 0 | For |
| Brookfield Investment Funds | 1,087,356 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 587,039 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 219,260 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 90,814 | 0 | 0 | 0 | For |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 75,888 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,675 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 35,918 | 0 | 0 | 0 | For |
| LOCORR INVESTMENT TRUST | 30,743 | 0 | 0 | 0 | For |
| ProShares | 22,127 | 0 | 0 | 0 | For |
Showing the 25 largest of 29 asset managers. See all 29 in the interactive database.
Meeting held May 1, 2024.
Combines 16 wordings of this item as funds reported it.
22% Majority: no · of votes cast
Description as filed by funds: The Compensation Proposal: To approve, by a non-binding, advisory vote, the compensation that may be received by NuStar Managing GP's named executive officers in connection with the Merger; and
NUSTAR ENERGY LP’s own tally for this item (“2. The Compensation Proposal: To approve, by a non-binding, advisory vote, the compensation that may be received by NuStar Managing GP's named executive officers in connection with the Merger”): 19,230,848 for, 68,775,235 against, per its Form 8-K filed May 2, 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: 22% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 0 | 18,482,140 | 0 | 0 | Against |
| Global X | 0 | 5,387,200 | 0 | 0 | Against |
| ETFis Series Trust I | 2,728,563 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 0 | 1,698,258 | 0 | 0 | Against |
| Brookfield Investment Funds | 0 | 1,087,356 | 0 | 0 | Against |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 0 | 1,047,470 | 0 | 0 | Against |
| Arrow ETF Trust | 981,700 | 0 | 0 | 0 | For |
| Neuberger Berman | 0 | 616,000 | 0 | 0 | Against |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 0 | 603,210 | 0 | 0 | Against |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 587,039 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 0 | 499,000 | 0 | 0 | Against |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 48,794 | 170,466 | 0 | 0 | Mixed |
| GraniteShares ETF Trust | 0 | 90,814 | 0 | 0 | Against |
| SCM Trust | 0 | 90,000 | 0 | 0 | Against |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 0 | 75,888 | 0 | 0 | Against |
| Fidelity | 0 | 49,043 | 0 | 0 | Against |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 0 | 48,386 | 0 | 0 | Against |
| NEXPOINT FUNDS I | 0 | 47,720 | 0 | 0 | Against |
| BlackRock | 0 | 41,633 | 0 | 0 | Against |
| Pacer Funds Trust | 0 | 38,675 | 0 | 0 | Against |
| ALPS Variable Investment Trust | 0 | 35,918 | 0 | 0 | Against |
| LOCORR INVESTMENT TRUST | 30,743 | 0 | 0 | 0 | For |
| ProShares | 0 | 22,127 | 0 | 0 | Against |
Fund voting reports, all 28 managers: 4,913,530 for, 30,163,470 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 0 | 18,489,908 | 0 | 0 | Against |
| Clearbridge Investments, LLC | 0 | 2,149,680 | 0 | 0 | Against |
| Blackstone Inc. | 0 | 1,959,974 | 0 | 0 | Against |
| TORTOISE CAPITAL ADVISORS, L.L.C. | 0 | 1,896,468 | 0 | 0 | Against |
| KAYNE ANDERSON CAPITAL ADVISORS LP | 1,513,590 | 0 | 0 | 0 | For |
| BROOKFIELD Corp /ON/ | 0 | 1,221,271 | 0 | 0 | Against |
| Neuberger Berman | 0 | 799,782 | 0 | 0 | Against |
| JENNISON ASSOCIATES LLC | 454,842 | 0 | 0 | 0 | For |
| Goldman Sachs | 181,616 | 180,527 | 0 | 0 | Mixed |
| Maryland State Retirement & Pension System | 0 | 275,336 | 0 | 0 | Against |
| CAPTRUST FINANCIAL ADVISORS | 0 | 150,654 | 0 | 0 | Against |
| RBC Capital Markets, LLC | 0 | 122,792 | 0 | 0 | Against |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 0 | 113,509 | 0 | 0 | Against |
| Texas Yale Capital Corp. | 81,141 | 0 | 0 | 0 | For |
| CIBC Private Wealth Group LLC | 0 | 55,093 | 0 | 0 | Against |
| Fidelity | 0 | 49,043 | 0 | 0 | Against |
| DIVIDEND ASSETS CAPITAL, LLC | 0 | 47,116 | 0 | 0 | Against |
| Gilman Hill Asset Management, LLC | 0 | 46,685 | 0 | 0 | Against |
| ROCKEFELLER FINANCIAL LLC | 42,612 | 0 | 0 | 0 | For |
| Linscomb Wealth, Inc. | 0 | 39,270 | 0 | 0 | Against |
| BANK OF AMERICA NA | 0 | 34,053 | 0 | 0 | Against |
| MOTCO | 32,336 | 0 | 0 | 0 | For |
| STIFEL NICOLAUS & CO INC \MO\ | 0 | 31,677 | 0 | 0 | Against |
| MANUFACTURERS & TRADERS TRUST CO | 0 | 31,281 | 0 | 0 | Against |
| Northern Trust | 25,220 | 2,639 | 0 | 0 | Mixed |
Institutional-manager reports, all 119 managers: 2,452,771 for, 27,912,898 against. Showing the 25 largest; see all in the interactive database.
Meeting held May 1, 2024.
100% Fund and manager reports combined; may count the same shares twice · no official result
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). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| USCF ETF Trust | 61,766 | 0 | 0 | 0 | For |
Fund voting reports, all 1 managers: 61,766 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Fractal Investments LLC | 0 | 0 | 0 | 0 | -- |
| MILLER HOWARD INVESTMENTS INC /NY | 0 | 0 | 0 | 0 | -- |
Institutional-manager reports, all 2 managers: 1,076,707 unknown, 349,851 1 year.
Meeting held April 23, 2024.
Combines 6 wordings of this item as funds reported it.
99.5% Majority: yes · of votes cast
Description as filed by funds: To ratify the appointment of KPMG LLP as NuStar Energy L.P.'s independent registered public accounting firm for 2024.
NUSTAR ENERGY LP’s own tally for this item (“• Proposal No. 2 - Ratification of the appointment of KPMG LLP as the Partnership's independent registered public accounting firm for 2024.”): 109,899,124 for, 488,305 against, per its Form 8-K filed April 29, 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: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 30 asset managers below reported 34,256,390 for, 250,693 against, 981,700 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 18,518,895 | 0 | 0 | 0 | For |
| Global X | 5,314,793 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 2,559,800 | 0 | 0 | 0 | For |
| Managed Portfolio Series | 1,580,762 | 128,377 | 0 | 0 | Mixed |
| Brookfield Investment Funds | 1,524,776 | 0 | 0 | 0 | For |
| ClearBridge Energy Midstream Opportunity Fund Inc. | 1,047,470 | 0 | 0 | 0 | For |
| Arrow ETF Trust | 0 | 0 | 0 | 0 | -- |
| Kayne Anderson Energy Infrastructure Fund, Inc. | 671,002 | 0 | 0 | 0 | For |
| Neuberger Berman | 616,000 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Total Return Fund Inc. | 603,210 | 0 | 0 | 0 | For |
| ClearBridge MLP & Midstream Fund Inc. | 499,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 454,842 | 0 | 0 | 0 | For |
| First Trust | 193,549 | 0 | 0 | 0 | For |
| USCF ETF Trust | 0 | 122,316 | 0 | 0 | Against |
| SCM Trust | 90,000 | 0 | 0 | 0 | For |
| GraniteShares ETF Trust | 89,988 | 0 | 0 | 0 | For |
| Transamerica | 81,849 | 0 | 0 | 0 | For |
| New York Life | 78,791 | 0 | 0 | 0 | For |
| Fidelity | 49,043 | 0 | 0 | 0 | For |
| TORTOISE PIPELINE & ENERGY FUND, INC. | 48,386 | 0 | 0 | 0 | For |
| NEXPOINT FUNDS I | 47,720 | 0 | 0 | 0 | For |
| ALPS Variable Investment Trust | 42,858 | 0 | 0 | 0 | For |
| BlackRock | 41,633 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 38,639 | 0 | 0 | 0 | For |
| VanEck ETF Trust | 24,391 | 0 | 0 | 0 | For |
Showing the 25 largest of 30 asset managers. See all 30 in the interactive database.
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 126,535,349 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Invesco | 14.61% |
| 2 | Global X | 4.26% |
| 3 | ETFis Series Trust I | 2.16% |
| 4 | Managed Portfolio Series | 1.34% |
| 5 | Brookfield Investment Funds | 0.86% |
| 6 | ClearBridge Energy Midstream Opportunity Fund Inc. | 0.83% |
| 7 | Arrow ETF Trust | 0.78% |
| 8 | Neuberger Berman | 0.49% |
| 9 | ClearBridge MLP & Midstream Total Return Fund Inc. | 0.48% |
| 10 | Kayne Anderson Energy Infrastructure Fund, Inc. | 0.46% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Invesco | 14.61% |
| 2 | Clearbridge Investments, LLC | 1.70% |
| 3 | Blackstone Inc. | 1.55% |
| 4 | TORTOISE CAPITAL ADVISORS, L.L.C. | 1.50% |
| 5 | KAYNE ANDERSON CAPITAL ADVISORS LP | 1.20% |
| 6 | BROOKFIELD Corp /ON/ | 0.97% |
| 7 | Neuberger Berman | 0.63% |
| 8 | JENNISON ASSOCIATES LLC | 0.36% |
| 9 | Goldman Sachs | 0.29% |
| 10 | Maryland State Retirement & Pension System | 0.22% |
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.
| Holder | % outstanding | Disclosure |
|---|---|---|
| ALPS Advisors, Inc. | 15.69% | DEF14A |
| Invesco | 14.62% | 13F |
| William E. Greehey | 7.92% | DEF14A |
| Citadel Advisors | 0.08% | 13F |
Percentages above are of 126,535,349 shares outstanding, as reported by NUSTAR ENERGY LP on its Form 10-Q dated April 26, 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.
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 NUSTAR ENERGY LP’s 10-Q dated April 26, 2024. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.
At NUSTAR ENERGY LP's 2 shareholder meetings in the 2023-2024 proxy season (held April 23, 2024 and May 1, 2024), 153 asset managers reported how they voted in their SEC Form N-PX filings, covering 415 separate fund positions. Their filings are grouped here into 8 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item of the season, voted at the meeting held May 1, 2024 — The Compensation Proposal: To approve, by a non-binding, advisory vote, the compensation that… — FOR was 22% 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 not more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: NUSTAR ENERGY LP's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 2, 2024.
NUSTAR ENERGY LP proxy season coverage: 2023-2024 (this page).
Download data (CSV): ballot items · votes by manager · column guide.