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Compiled from SEC Form N-PX filings and Pure Cycle Corporation’s Form 8-K, filed January 17, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of January 15, 2025: 9 items on Pure Cycle Corporation’s Form 8-K, filed January 17, 2025: 9 without a stated outcome.
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
Explore Pure Cycle Corporation in the interactive database Compare manager voting policies
These tallies are Pure Cycle Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed January 17, 2025 (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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Mark W. Harding | 14,231,085 | -- | -- | 411,366 | 6,541,678 | 97% | Not verified | — |
| Elect Director: Patrick J. Beirne | 14,224,960 | -- | -- | 417,491 | 6,541,678 | 97% | Not verified | — |
| Elect Director: Wanda J. Abel | 11,957,968 | -- | -- | 2,684,483 | 6,541,678 | 82% | Not verified | — |
| Elect Director: Frederick A. Fendel III | 14,230,043 | -- | -- | 412,408 | 6,541,678 | 97% | Not verified | — |
| Elect Director: Susan D. Heitmann | 14,459,221 | -- | -- | 183,230 | 6,541,678 | 99% | Not verified | — |
| Elect Director: Daniel R. Kozlowski | 13,914,105 | -- | -- | 728,346 | 6,541,678 | 95% | Not verified | — |
| Elect Director: Jeffrey G. Sheets | 13,752,460 | -- | -- | 889,991 | 6,541,678 | 94% | Not verified | — |
| 2. For the ratification of the appointment of Forvis Mazars, LLP as the Registrant's independent registered public accounting firm for the 2025 fiscal year | 20,999,347 | 50,968 | 133,814 | -- | -- | 99.7% | Not verified | — |
| 3. For the approval, on an advisory basis, of executive compensation | 14,390,793 | 86,194 | 165,464 | -- | 6,541,678 | 99.4% | Not verified | — |
Source: Pure Cycle Corporation, Form 8-K, filed with the SEC on January 17, 2025 — read the filing on EDGAR.
Each item below shows how the 144 asset managers that disclosed a Pure Cycle Corporation 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.
Combines 4 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Daniel R. Kozlowski
Pure Cycle Corporation’s own tally for this item (“Elect Director: Daniel R. Kozlowski”): 13,914,105 for, 728,346 withheld, per its Form 8-K filed January 17, 2025 (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 + WITHHELD); abstentions and broker non-votes are excluded.
The 49 asset managers below reported 4,329,350 for, 121,549 withheld, 25,593 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,041,207 | 0 | 0 | 0 | For |
| BlackRock | 695,047 | 0 | 0 | 0 | For |
| HEARTLAND GROUP INC | 627,264 | 0 | 0 | 0 | For |
| Fidelity | 463,848 | 0 | 0 | 0 | For |
| Dimensional | 376,642 | 0 | 0 | 0 | For |
| MERIDIAN FUND INC | 285,078 | 0 | 0 | 0 | For |
| Empower | 142,804 | 0 | 0 | 0 | For |
| Loomis Sayles | 128,605 | 0 | 0 | 0 | For |
| Brighthouse | 107,132 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 0 | 0 | 0 | 102,427 | Withhold |
| TIAA | 87,629 | 0 | 0 | 0 | For |
| Charles Schwab | 58,612 | 0 | 0 | 0 | For |
| Equitable | 35,652 | 0 | 0 | 17,620 | Mixed |
| QUANTITATIVE MASTER SERIES LLC | 40,614 | 0 | 0 | 0 | For |
| PERRITT FUNDS INC | 30,000 | 0 | 0 | 0 | For |
| SEI | 28,230 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 0 | 0 | 19,300 | 0 | Abstain |
| Goldman Sachs | 18,564 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,528 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 8,375 | 0 | 6,293 | 0 | Mixed |
| Northern Trust | 11,872 | 0 | 0 | 0 | For |
| Global X | 11,548 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 10,778 | 0 | 0 | 0 | For |
| John Hancock | 10,508 | 0 | 0 | 0 | For |
| FORUM FUNDS II | 8,906 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 4 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Fredrick A. Fendel III
Pure Cycle Corporation’s own tally for this item (“Elect Director: Frederick A. Fendel III”): 14,230,043 for, 412,408 withheld, per its Form 8-K filed January 17, 2025 (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: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 49 asset managers below reported 4,476,492 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,041,207 | 0 | 0 | 0 | For |
| BlackRock | 695,047 | 0 | 0 | 0 | For |
| HEARTLAND GROUP INC | 627,264 | 0 | 0 | 0 | For |
| Fidelity | 463,848 | 0 | 0 | 0 | For |
| Dimensional | 376,642 | 0 | 0 | 0 | For |
| MERIDIAN FUND INC | 285,078 | 0 | 0 | 0 | For |
| Empower | 142,804 | 0 | 0 | 0 | For |
| Loomis Sayles | 128,605 | 0 | 0 | 0 | For |
| Brighthouse | 107,132 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 102,427 | 0 | 0 | 0 | For |
| TIAA | 87,629 | 0 | 0 | 0 | For |
| Charles Schwab | 58,612 | 0 | 0 | 0 | For |
| Equitable | 53,272 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 40,614 | 0 | 0 | 0 | For |
| PERRITT FUNDS INC | 30,000 | 0 | 0 | 0 | For |
| SEI | 28,230 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 19,300 | 0 | 0 | 0 | For |
| Goldman Sachs | 18,564 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,528 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 14,668 | 0 | 0 | 0 | For |
| Northern Trust | 11,872 | 0 | 0 | 0 | For |
| Global X | 11,548 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 10,778 | 0 | 0 | 0 | For |
| John Hancock | 10,508 | 0 | 0 | 0 | For |
| FORUM FUNDS II | 8,906 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 4 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Jeffrey G. Sheets
Pure Cycle Corporation’s own tally for this item (“Elect Director: Jeffrey G. Sheets”): 13,752,460 for, 889,991 withheld, per its Form 8-K filed January 17, 2025 (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 + WITHHELD); abstentions and broker non-votes are excluded.
The 49 asset managers below reported 4,317,478 for, 133,421 withheld, 25,593 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,041,207 | 0 | 0 | 0 | For |
| BlackRock | 695,047 | 0 | 0 | 0 | For |
| HEARTLAND GROUP INC | 627,264 | 0 | 0 | 0 | For |
| Fidelity | 463,848 | 0 | 0 | 0 | For |
| Dimensional | 376,642 | 0 | 0 | 0 | For |
| MERIDIAN FUND INC | 285,078 | 0 | 0 | 0 | For |
| Empower | 142,804 | 0 | 0 | 0 | For |
| Loomis Sayles | 128,605 | 0 | 0 | 0 | For |
| Brighthouse | 107,132 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 0 | 0 | 0 | 102,427 | Withhold |
| TIAA | 87,629 | 0 | 0 | 0 | For |
| Charles Schwab | 58,612 | 0 | 0 | 0 | For |
| Equitable | 35,652 | 0 | 0 | 17,620 | Mixed |
| QUANTITATIVE MASTER SERIES LLC | 40,614 | 0 | 0 | 0 | For |
| PERRITT FUNDS INC | 30,000 | 0 | 0 | 0 | For |
| SEI | 28,230 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 0 | 0 | 19,300 | 0 | Abstain |
| Goldman Sachs | 18,564 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,528 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 8,375 | 0 | 6,293 | 0 | Mixed |
| Northern Trust | 0 | 0 | 0 | 11,872 | Withhold |
| Global X | 11,548 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 10,778 | 0 | 0 | 0 | For |
| John Hancock | 10,508 | 0 | 0 | 0 | For |
| FORUM FUNDS II | 8,906 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 4 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Mark W. Harding
Pure Cycle Corporation’s own tally for this item (“Elect Director: Mark W. Harding”): 14,231,085 for, 411,366 withheld, per its Form 8-K filed January 17, 2025 (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: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 49 asset managers below reported 4,476,492 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,041,207 | 0 | 0 | 0 | For |
| BlackRock | 695,047 | 0 | 0 | 0 | For |
| HEARTLAND GROUP INC | 627,264 | 0 | 0 | 0 | For |
| Fidelity | 463,848 | 0 | 0 | 0 | For |
| Dimensional | 376,642 | 0 | 0 | 0 | For |
| MERIDIAN FUND INC | 285,078 | 0 | 0 | 0 | For |
| Empower | 142,804 | 0 | 0 | 0 | For |
| Loomis Sayles | 128,605 | 0 | 0 | 0 | For |
| Brighthouse | 107,132 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 102,427 | 0 | 0 | 0 | For |
| TIAA | 87,629 | 0 | 0 | 0 | For |
| Charles Schwab | 58,612 | 0 | 0 | 0 | For |
| Equitable | 53,272 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 40,614 | 0 | 0 | 0 | For |
| PERRITT FUNDS INC | 30,000 | 0 | 0 | 0 | For |
| SEI | 28,230 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 19,300 | 0 | 0 | 0 | For |
| Goldman Sachs | 18,564 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,528 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 14,668 | 0 | 0 | 0 | For |
| Northern Trust | 11,872 | 0 | 0 | 0 | For |
| Global X | 11,548 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 10,778 | 0 | 0 | 0 | For |
| John Hancock | 10,508 | 0 | 0 | 0 | For |
| FORUM FUNDS II | 8,906 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 4 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Patrick J. Beirne
Pure Cycle Corporation’s own tally for this item (“Elect Director: Patrick J. Beirne”): 14,224,960 for, 417,491 withheld, per its Form 8-K filed January 17, 2025 (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: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 49 asset managers below reported 4,476,492 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,041,207 | 0 | 0 | 0 | For |
| BlackRock | 695,047 | 0 | 0 | 0 | For |
| HEARTLAND GROUP INC | 627,264 | 0 | 0 | 0 | For |
| Fidelity | 463,848 | 0 | 0 | 0 | For |
| Dimensional | 376,642 | 0 | 0 | 0 | For |
| MERIDIAN FUND INC | 285,078 | 0 | 0 | 0 | For |
| Empower | 142,804 | 0 | 0 | 0 | For |
| Loomis Sayles | 128,605 | 0 | 0 | 0 | For |
| Brighthouse | 107,132 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 102,427 | 0 | 0 | 0 | For |
| TIAA | 87,629 | 0 | 0 | 0 | For |
| Charles Schwab | 58,612 | 0 | 0 | 0 | For |
| Equitable | 53,272 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 40,614 | 0 | 0 | 0 | For |
| PERRITT FUNDS INC | 30,000 | 0 | 0 | 0 | For |
| SEI | 28,230 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 19,300 | 0 | 0 | 0 | For |
| Goldman Sachs | 18,564 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,528 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 14,668 | 0 | 0 | 0 | For |
| Northern Trust | 11,872 | 0 | 0 | 0 | For |
| Global X | 11,548 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 10,778 | 0 | 0 | 0 | For |
| John Hancock | 10,508 | 0 | 0 | 0 | For |
| FORUM FUNDS II | 8,906 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Susan D. Heitmann
Pure Cycle Corporation’s own tally for this item (“Elect Director: Susan D. Heitmann”): 14,459,221 for, 183,230 withheld, per its Form 8-K filed January 17, 2025 (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 49 asset managers below reported 4,476,492 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,041,207 | 0 | 0 | 0 | For |
| BlackRock | 695,047 | 0 | 0 | 0 | For |
| HEARTLAND GROUP INC | 627,264 | 0 | 0 | 0 | For |
| Fidelity | 463,848 | 0 | 0 | 0 | For |
| Dimensional | 376,642 | 0 | 0 | 0 | For |
| MERIDIAN FUND INC | 285,078 | 0 | 0 | 0 | For |
| Empower | 142,804 | 0 | 0 | 0 | For |
| Loomis Sayles | 128,605 | 0 | 0 | 0 | For |
| Brighthouse | 107,132 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 102,427 | 0 | 0 | 0 | For |
| TIAA | 87,629 | 0 | 0 | 0 | For |
| Charles Schwab | 58,612 | 0 | 0 | 0 | For |
| Equitable | 53,272 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 40,614 | 0 | 0 | 0 | For |
| PERRITT FUNDS INC | 30,000 | 0 | 0 | 0 | For |
| SEI | 28,230 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 19,300 | 0 | 0 | 0 | For |
| Goldman Sachs | 18,564 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,528 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 14,668 | 0 | 0 | 0 | For |
| Northern Trust | 11,872 | 0 | 0 | 0 | For |
| Global X | 11,548 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 10,778 | 0 | 0 | 0 | For |
| John Hancock | 10,508 | 0 | 0 | 0 | For |
| FORUM FUNDS II | 8,906 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 4 wordings of this item as funds reported it.
82% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Wanda J. Abel
Pure Cycle Corporation’s own tally for this item (“Elect Director: Wanda J. Abel”): 11,957,968 for, 2,684,483 withheld, per its Form 8-K filed January 17, 2025 (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: 82% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 49 asset managers below reported 3,598,073 for, 733,013 withheld, 145,406 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,041,207 | 0 | 0 | 0 | For |
| BlackRock | 695,047 | 0 | 0 | 0 | For |
| HEARTLAND GROUP INC | 627,264 | 0 | 0 | 0 | For |
| Fidelity | 463,848 | 0 | 0 | 0 | For |
| Dimensional | 376,642 | 0 | 0 | 0 | For |
| MERIDIAN FUND INC | 0 | 0 | 0 | 285,078 | Withhold |
| Empower | 0 | 0 | 0 | 142,804 | Withhold |
| Loomis Sayles | 0 | 0 | 128,605 | 0 | Abstain |
| Brighthouse | 0 | 0 | 0 | 107,132 | Withhold |
| RBB FUND, INC. | 0 | 0 | 0 | 102,427 | Withhold |
| TIAA | 87,629 | 0 | 0 | 0 | For |
| Charles Schwab | 58,612 | 0 | 0 | 0 | For |
| Equitable | 35,652 | 0 | 0 | 17,620 | Mixed |
| QUANTITATIVE MASTER SERIES LLC | 40,614 | 0 | 0 | 0 | For |
| PERRITT FUNDS INC | 30,000 | 0 | 0 | 0 | For |
| SEI | 0 | 0 | 0 | 28,230 | Withhold |
| RBC FUNDS TRUST | 19,300 | 0 | 0 | 0 | For |
| Goldman Sachs | 18,564 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,528 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 8,375 | 0 | 6,293 | 0 | Mixed |
| Northern Trust | 11,872 | 0 | 0 | 0 | For |
| Global X | 0 | 0 | 0 | 11,548 | Withhold |
| AIG/SunAmerica | 0 | 0 | 0 | 10,778 | Withhold |
| John Hancock | 0 | 0 | 10,508 | 0 | Abstain |
| FORUM FUNDS II | 8,906 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 9 wordings of this item as funds reported it.
99.4% Majority: yes · of votes cast
Description as filed by funds: Approval on an advisory basis, of compensation of the Company's named executive officers.
Pure Cycle Corporation’s own tally for this item (“3. For the approval, on an advisory basis, of executive compensation”): 14,390,793 for, 86,194 against, per its Form 8-K filed January 17, 2025 (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.
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 |
|---|---|---|---|---|---|
| Vanguard | 1,041,207 | 0 | 0 | 0 | For |
| BlackRock | 695,047 | 0 | 0 | 0 | For |
| HEARTLAND GROUP INC | 627,264 | 0 | 0 | 0 | For |
| Fidelity | 463,848 | 0 | 0 | 0 | For |
| Dimensional | 376,642 | 0 | 0 | 0 | For |
| MERIDIAN FUND INC | 285,078 | 0 | 0 | 0 | For |
| Empower | 142,804 | 0 | 0 | 0 | For |
| Loomis Sayles | 128,605 | 0 | 0 | 0 | For |
| Brighthouse | 107,132 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 102,427 | 0 | 0 | 0 | For |
| TIAA | 87,629 | 0 | 0 | 0 | For |
| Adirondack Funds | 69,012 | 0 | 0 | 0 | For |
| Charles Schwab | 58,612 | 0 | 0 | 0 | For |
| Equitable | 53,272 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 40,614 | 0 | 0 | 0 | For |
| PERRITT FUNDS INC | 30,000 | 0 | 0 | 0 | For |
| SEI | 28,230 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 19,300 | 0 | 0 | 0 | For |
| Goldman Sachs | 18,564 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,528 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 14,668 | 0 | 0 | 0 | For |
| Northern Trust | 11,872 | 0 | 0 | 0 | For |
| Global X | 11,548 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 10,778 | 0 | 0 | 0 | For |
| John Hancock | 10,508 | 0 | 0 | 0 | For |
Fund voting reports, all 50 managers: 4,544,002 for, 1,502 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| MAGNOLIA GROUP, LLC | 2,083,408 | 0 | 0 | 0 | For |
| SAPIENT CAPITAL LLC | 748,951 | 0 | 0 | 0 | For |
| HEARTLAND ADVISORS INC | 627,264 | 0 | 0 | 0 | For |
| Curi Capital, LLC | 557,360 | 0 | 0 | 0 | For |
| BlackRock | 550,557 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 501,856 | 0 | 0 | 0 | For |
| KENNEDY CAPITAL MANAGEMENT LLC | 458,439 | 0 | 0 | 0 | For |
| ArrowMark Colorado Holdings LLC | 449,506 | 0 | 0 | 0 | For |
| Loomis Sayles | 443,225 | 0 | 0 | 0 | For |
| State Street | 362,040 | 0 | 0 | 0 | For |
| EPIQ PARTNERS, LLC | 275,815 | 0 | 0 | 0 | For |
| Northern Trust | 153,497 | 0 | 0 | 0 | For |
| BLAIR WILLIAM & CO/IL | 136,757 | 0 | 0 | 0 | For |
| Boston Partners | 122,879 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 105,052 | 0 | 0 | 0 | For |
| Nuveen | 88,172 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 71,218 | 0 | 0 | 0 | For |
| Charles Schwab | 58,612 | 0 | 0 | 0 | For |
| DIAMOND HILL CAPITAL MANAGEMENT INC | 60,906 | 0 | 0 | 0 | For |
| FIRST MANHATTAN CO. LLC. | 58,625 | 0 | 0 | 0 | For |
| Dimensional | 51,005 | 0 | 0 | 0 | For |
| STRS OHIO | 50,200 | 0 | 0 | 0 | For |
| STATE OF WISCONSIN INVESTMENT BOARD | 40,300 | 0 | 0 | 0 | For |
| STIFEL NICOLAUS & CO INC \MO\ | 36,031 | 0 | 0 | 0 | For |
| T. Rowe Price | 36,029 | 0 | 0 | 0 | For |
Institutional-manager reports, all 107 managers: 8,518,641 for, 26,697 against, 3,900 not voted. Showing the 25 largest; see all in the interactive database.
Combines 3 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: RATIFICATION OF APPOINTMENT OF FORVIS MAZARS, LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING AUGUST 31, 2025.
Pure Cycle Corporation’s own tally for this item (“2. For the ratification of the appointment of Forvis Mazars, LLP as the Registrant's independent registered public accounting firm for the 2025 fiscal year”): 20,999,347 for, 50,968 against, per its Form 8-K filed January 17, 2025 (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 50 asset managers below reported 4,545,504 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,041,207 | 0 | 0 | 0 | For |
| BlackRock | 695,047 | 0 | 0 | 0 | For |
| HEARTLAND GROUP INC | 627,264 | 0 | 0 | 0 | For |
| Fidelity | 463,848 | 0 | 0 | 0 | For |
| Dimensional | 376,642 | 0 | 0 | 0 | For |
| MERIDIAN FUND INC | 285,078 | 0 | 0 | 0 | For |
| Empower | 142,804 | 0 | 0 | 0 | For |
| Loomis Sayles | 128,605 | 0 | 0 | 0 | For |
| Brighthouse | 107,132 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 102,427 | 0 | 0 | 0 | For |
| TIAA | 87,629 | 0 | 0 | 0 | For |
| Adirondack Funds | 69,012 | 0 | 0 | 0 | For |
| Charles Schwab | 58,612 | 0 | 0 | 0 | For |
| Equitable | 53,272 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 40,614 | 0 | 0 | 0 | For |
| PERRITT FUNDS INC | 30,000 | 0 | 0 | 0 | For |
| SEI | 28,230 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 19,300 | 0 | 0 | 0 | For |
| Goldman Sachs | 18,564 | 0 | 0 | 0 | For |
| Lincoln Financial | 17,528 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 14,668 | 0 | 0 | 0 | For |
| Northern Trust | 11,872 | 0 | 0 | 0 | For |
| Global X | 11,548 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 10,778 | 0 | 0 | 0 | For |
| John Hancock | 10,508 | 0 | 0 | 0 | For |
Showing the 25 largest of 50 asset managers. See all 50 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 24,076,909 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 4.32% |
| 2 | BlackRock | 2.89% |
| 3 | HEARTLAND GROUP INC | 2.61% |
| 4 | Fidelity | 1.93% |
| 5 | Dimensional | 1.56% |
| 6 | MERIDIAN FUND INC | 1.18% |
| 7 | Empower | 0.59% |
| 8 | Loomis Sayles | 0.53% |
| 9 | Brighthouse | 0.44% |
| 10 | RBB FUND, INC. | 0.43% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | MAGNOLIA GROUP, LLC | 8.65% |
| 2 | SAPIENT CAPITAL LLC | 3.11% |
| 3 | HEARTLAND ADVISORS INC | 2.61% |
| 4 | Curi Capital, LLC | 2.31% |
| 5 | BlackRock | 2.29% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 2.08% |
| 7 | KENNEDY CAPITAL MANAGEMENT LLC | 1.90% |
| 8 | ArrowMark Colorado Holdings LLC | 1.87% |
| 9 | Loomis Sayles | 1.84% |
| 10 | State Street | 1.50% |
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 |
|---|---|---|
| Maran Capital Management, LLC | 14.74% | 13D |
| Magnolia Capital Fund, LP | 8.68% | DEF14A |
| BlackRock | 5.80% | 13F |
| Vanguard Group | 4.71% | 13F |
| Mark W. Harding ** | 4.34% | DEF14A |
| Dimensional Fund Advisors | 1.92% | 13F |
| State Street | 1.83% | 13F |
| Daniel R. Kozlowski ** | 1.45% | DEF14A |
| Morgan Stanley | 0.98% | 13F |
| Northern Trust | 0.75% | 13F |
Percentages above are of 24,076,909 shares outstanding, as reported by Pure Cycle Corporation on its Form 10-Q dated January 7, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 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 Pure Cycle Corporation’s 10-Q dated January 7, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At Pure Cycle Corporation's shareholder meeting held January 15, 2025, in the 2024-2025 proxy season, 144 asset managers reported how they voted on 9 ballot items in their SEC Form N-PX filings, covering 1,188 separate fund positions. On the most widely held item on that ballot — Approval on an advisory basis, of compensation of the Company's named executive officers. — FOR was 99.4% 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: Pure Cycle Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on January 17, 2025.
Pure Cycle Corporation proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.