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Compiled from SEC Form N-PX filings and VISA INC.’s Form 8-K, filed January 29, 2025 (Item 5.07 on EDGAR). Page generated October 13, 2026.
Meeting of January 28, 2025: 17 items on VISA INC.’s Form 8-K, filed January 29, 2025: 11 elected · 2 approved · 4 not approved.
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 · This season’s results screens
Explore VISA INC. in the interactive database Compare manager voting policies
These tallies are VISA INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed January 29, 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: Lloyd A. Carney | 1,314,268,065 | 23,276,918 | 1,351,198 | -- | 137,483,977 | 98% | Elected | — |
| Elect Director: Kermit R. Crawford | 1,323,271,071 | 14,259,070 | 1,366,040 | -- | 137,483,977 | 99% | Elected | — |
| Elect Director: Francisco Javier Fernández-Carbajal | 1,300,811,280 | 34,935,582 | 3,149,319 | -- | 137,483,977 | 97% | Elected | — |
| Elect Director: Ramon Laguarta | 1,320,895,924 | 16,578,987 | 1,421,270 | -- | 137,483,977 | 99% | Elected | — |
| Elect Director: Teri L. List | 1,327,715,781 | 9,867,220 | 1,313,180 | -- | 137,483,977 | 99.2% | Elected | — |
| Elect Director: John F. Lundgren | 1,302,818,180 | 33,740,041 | 2,337,960 | -- | 137,483,977 | 97% | Elected | — |
| Elect Director: Ryan McInerney | 1,334,286,019 | 3,257,269 | 1,352,893 | -- | 137,483,977 | 99.7% | Elected | — |
| Elect Director: Denise M. Morrison | 1,312,714,505 | 24,886,808 | 1,294,868 | -- | 137,483,977 | 98% | Elected | — |
| Elect Director: Pamela Murphy | 1,324,052,027 | 13,547,613 | 1,296,541 | -- | 137,483,977 | 99% | Elected | — |
| Elect Director: Linda J. Rendle | 1,321,368,076 | 16,169,959 | 1,358,146 | -- | 137,483,977 | 99% | Elected | — |
| Elect Director: Maynard G. Webb, Jr. | 1,313,233,094 | 24,292,563 | 1,370,524 | -- | 137,483,977 | 98% | Elected | — |
| 2. Approval, on an advisory basis, of compensation paid to the Company's named executive officers | 1,230,798,215 | 101,983,354 | 6,114,612 | -- | 137,483,977 | 92% | Approved | — |
| 3. Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the 2025 fiscal year | 1,443,751,457 | 31,222,932 | 1,405,769 | -- | -- | 98% | Approved | — |
| 4. Shareholder proposal on gender-based compensation gaps and associated risks | 10,657,911 | 1,318,419,741 | 9,818,529 | -- | 137,483,977 | 0.9% | Not approved | — |
| 5. Shareholder proposal requesting a report on policy on merchant category codes | 10,038,824 | 1,316,074,521 | 12,782,836 | -- | 137,483,977 | 0.8% | Not approved | — |
| 6. Shareholder proposal requesting adoption of a new director election resignation governance guideline | 226,912,035 | 1,107,467,619 | 4,516,527 | -- | 137,483,977 | 17% | Not approved | — |
| 7. Shareholder proposal on transparency in lobbying | 182,684,178 | 1,142,568,004 | 13,643,999 | -- | 137,483,977 | 14% | Not approved | — |
Source: VISA INC., Form 8-K, filed with the SEC on January 29, 2025 — read the filing on EDGAR.
Each item below shows how the 1,873 asset managers that disclosed a VISA 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.
Combines 7 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: Lloyd A. Carney
VISA INC.’s own tally for this item (“Elect Director: Lloyd A. Carney”): 1,314,268,065 for, 23,276,918 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 322 asset managers below reported 525,897,229 for, 1,191,766 against, 189,507 abstained, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,063,782 | 23,318 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,366,832 | 1,452 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,100,005 | 0 | 0 | 0 | For |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,439,732 | 8,140 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 9 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: Kermit R. Crawford
VISA INC.’s own tally for this item (“Elect Director: Kermit R. Crawford”): 1,323,271,071 for, 14,259,070 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 322 asset managers below reported 525,898,115 for, 1,187,361 against, 193,025 abstained, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,063,782 | 23,318 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,366,832 | 1,452 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,100,005 | 0 | 0 | 0 | For |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,439,732 | 8,140 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: Ramon Laguarta
VISA INC.’s own tally for this item (“Elect Director: Ramon Laguarta”): 1,320,895,924 for, 16,578,987 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 322 asset managers below reported 525,853,237 for, 1,199,078 against, 226,186 abstained, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,063,782 | 23,318 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,366,832 | 1,452 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,100,005 | 0 | 0 | 0 | For |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,439,732 | 8,140 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99.2% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: Teri L. List
VISA INC.’s own tally for this item (“Elect Director: Teri L. List”): 1,327,715,781 for, 9,867,220 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 322 asset managers below reported 526,923,678 for, 165,320 against, 189,503 abstained, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,079,094 | 8,006 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,367,694 | 590 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,100,005 | 0 | 0 | 0 | For |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,447,872 | 0 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 9 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: John F. Lundgren
VISA INC.’s own tally for this item (“Elect Director: John F. Lundgren”): 1,302,818,180 for, 33,740,041 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 322 asset managers below reported 524,207,705 for, 2,881,206 against, 189,590 abstained, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,063,782 | 23,318 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,366,832 | 1,452 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,100,005 | 0 | 0 | 0 | For |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,439,732 | 8,140 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 10 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: Ryan McInerney
VISA INC.’s own tally for this item (“Elect Director: Ryan McInerney”): 1,334,286,019 for, 3,257,269 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 322 asset managers below reported 527,036,294 for, 49,183 against, 193,024 abstained, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,079,094 | 8,006 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,367,694 | 590 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,100,005 | 0 | 0 | 0 | For |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,447,872 | 0 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 9 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: Denise M. Morrison
VISA INC.’s own tally for this item (“Elect Director: Denise M. Morrison”): 1,312,714,505 for, 24,886,808 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 322 asset managers below reported 526,922,043 for, 166,957 against, 189,501 abstained, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,079,094 | 8,006 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,367,694 | 590 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,100,005 | 0 | 0 | 0 | For |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,447,872 | 0 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: Pamela Murphy
VISA INC.’s own tally for this item (“Elect Director: Pamela Murphy”): 1,324,052,027 for, 13,547,613 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 322 asset managers below reported 525,898,186 for, 1,187,297 against, 193,018 abstained, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,063,782 | 23,318 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,366,832 | 1,452 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,100,005 | 0 | 0 | 0 | For |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,439,732 | 8,140 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 10 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: Linda J. Rendle
VISA INC.’s own tally for this item (“Elect Director: Linda J. Rendle”): 1,321,368,076 for, 16,169,959 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 322 asset managers below reported 525,853,284 for, 1,199,037 against, 226,180 abstained, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,063,782 | 23,318 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,366,832 | 1,452 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,100,005 | 0 | 0 | 0 | For |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,439,732 | 8,140 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 10 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: Maynard G. Webb, Jr.
VISA INC.’s own tally for this item (“Elect Director: Maynard G. Webb, Jr.”): 1,313,233,094 for, 24,292,563 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 322 asset managers below reported 525,087,015 for, 1,963,298 against, 189,509 abstained, 114,879 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,079,094 | 8,006 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,367,285 | 999 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 3,848,791 | 251,214 | 0 | 0 | Mixed |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,447,872 | 0 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 8 wordings of this item as funds reported it.
17% Not approved · of votes cast
Description as filed by funds: Shareholder proposal requesting adoption of a new director election resignation governance guideline.
VISA INC.’s own tally for this item (“6. Shareholder proposal requesting adoption of a new director election resignation governance guideline”): 226,912,035 for, 1,107,467,619 against — failed, per its Form 8-K filed January 29, 2025 (Item 5.07).
Reported outcome: Not approved, in the filing’s own words: “The proposal was not approved.”
Support: 17% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of VISA INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “S/H Proposal - Corporate Governance” (9 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
The 322 asset managers below reported 80,685,305 for, 445,660,651 against, 194,203 abstained, 2,450 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 6,729,364 | 152,106,613 | 0 | 0 | Against |
| Fidelity | 37,876,935 | 35,969,134 | 0 | 0 | Mixed |
| BlackRock | 45,078 | 49,042,022 | 0 | 0 | Against |
| Capital Group | 0 | 42,735,018 | 0 | 0 | Against |
| T. Rowe Price | 0 | 24,157,679 | 0 | 0 | Against |
| State Street | 409 | 17,367,875 | 0 | 0 | Against |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 0 | 9,961,087 | 0 | 0 | Against |
| Columbia Threadneedle | 0 | 6,845,052 | 0 | 0 | Against |
| Invesco | 0 | 6,435,387 | 0 | 0 | Against |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 0 | 5,564,063 | 0 | 0 | Against |
| ADVISORS' INNER CIRCLE FUND | 0 | 4,277,073 | 0 | 0 | Against |
| AB LARGE CAP GROWTH FUND INC | 0 | 4,225,404 | 0 | 0 | Against |
| Bridge Builder Trust | 1,552,626 | 2,547,379 | 0 | 0 | Mixed |
| Jackson National | 108,879 | 3,974,582 | 0 | 0 | Against |
| Legg Mason | 0 | 4,045,807 | 0 | 0 | Against |
| PROFESSIONALLY MANAGED PORTFOLIOS | 0 | 3,447,872 | 0 | 0 | Against |
| JPMorgan | 0 | 3,320,334 | 0 | 0 | Against |
| Victory Capital | 0 | 3,187,695 | 0 | 0 | Against |
| JANUS INVESTMENT FUND | 0 | 2,734,953 | 0 | 0 | Against |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 1,703,162 | 819,364 | 0 | 0 | Mixed |
| Loomis Sayles | 0 | 2,485,203 | 0 | 0 | Against |
| Principal | 128,424 | 2,339,221 | 0 | 0 | Mixed |
Showing the 25 largest of 322 asset managers. See all 322 in the interactive database.
Combines 12 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: To elect the eleven director nominees named in the proxy statement: Francisco Javier Fernandez-Carbajal
VISA INC.’s own tally for this item (“Elect Director: Francisco Javier Fernández-Carbajal”): 1,300,811,280 for, 34,935,582 against, per its Form 8-K filed January 29, 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: Elected, in the filing’s own words: “Proposal 1: Election of eleven director nominees: Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 297 asset managers below reported 524,408,539 for, 1,983,092 against, 189,503 abstained, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,079,094 | 8,006 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,367,285 | 999 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 3,848,791 | 251,214 | 0 | 0 | Mixed |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,447,872 | 0 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 297 asset managers. See all 297 in the interactive database.
Combines 45 wordings of this item as funds reported it.
92% Approved · of votes cast
Description as filed by funds: To approve, on an advisory basis, the compensation paid to our named executive officers.
VISA INC.’s own tally for this item (“2. Approval, on an advisory basis, of compensation paid to the Company's named executive officers”): 1,230,798,215 for, 101,983,354 against — passed, per its Form 8-K filed January 29, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “The proposal was approved.”
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of VISA INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Section 14a Executive Compensation” (38 managers, Fund and manager reports combined; may count the same shares twice; no share total shown); “Say on pay” (6 managers, 991,807 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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,087,100 | 0 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,092,879 | 64,800 | 0 | 0 | For |
| State Street | 17,367,875 | 409 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 3,848,791 | 251,214 | 0 | 0 | Mixed |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,447,872 | 0 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Fund voting reports, all 304 managers: 524,124,609 for, 1,946,520 against, 227,378 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 51,319,237 | 7,241 | 0 | 0 | For |
| Fidelity | 50,181,836 | 0 | 0 | 0 | For |
| Capital Group | 48,096,235 | 0 | 0 | 0 | For |
| T. Rowe Price | 46,635,231 | 279,125 | 0 | 0 | For |
| State Street | 43,854,873 | 556,178 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 38,005,420 | 0 | 0 | 0 | For |
| AllianceBernstein | 20,981,416 | 0 | 0 | 0 | For |
| TCI Fund Management Ltd | 16,797,187 | 0 | 0 | 0 | For |
| Legal & General Investment Management Ltd | 0 | 16,411,054 | 0 | 0 | Against |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 14,845,833 | 0 | 0 | 0 | For |
| Northern Trust | 13,441,878 | 32,889 | 0 | 0 | For |
| Charles Schwab | 12,069,240 | 0 | 0 | 0 | For |
| Morgan Stanley | 3,706,522 | 8,334,809 | 0 | 0 | Mixed |
| UBS | 10,423,287 | 605,637 | 0 | 0 | Mixed |
| Nuveen | 10,189,769 | 0 | 0 | 0 | For |
| Vanguard | 9,846,720 | 0 | 0 | 0 | For |
| Clearbridge Investments, LLC | 9,752,495 | 31,977 | 0 | 0 | For |
| Wellington | 9,700,569 | 0 | 0 | 0 | For |
| Invesco | 9,433,163 | 0 | 0 | 0 | For |
| Fisher Asset Management, LLC | 8,736,387 | 0 | 0 | 0 | For |
| JPMorgan | 7,714,156 | 0 | 0 | 0 | For |
| Loomis Sayles | 7,239,828 | 259,499 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 385 | 7,254,401 | 0 | 0 | Against |
| JENNISON ASSOCIATES LLC | 6,731,696 | 0 | 0 | 0 | For |
| BROWN ADVISORY INC | 6,614,930 | 3,203 | 0 | 0 | For |
Institutional-manager reports, all 1,565 managers: 812,221,643 for, 88,600,402 against, 75,190 withheld, 207,210 abstained, 172,770 not voted, 76,199 unknown. Showing the 25 largest; see all in the interactive database.
Combines 11 wordings of this item as funds reported it.
98% Approved · of votes cast
Description as filed by funds: To ratify the appointment of KPMG LLP as our independent registered public accounting firm for fiscal year 2025.
VISA INC.’s own tally for this item (“3. Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the 2025 fiscal year”): 1,443,751,457 for, 31,222,932 against — passed, per its Form 8-K filed January 29, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “The appointment was ratified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 329 asset managers below reported 525,863,128 for, 1,317,646 against, 193,004 abstained, 38,680 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 158,835,977 | 0 | 0 | 0 | For |
| Fidelity | 73,846,069 | 0 | 0 | 0 | For |
| BlackRock | 49,087,100 | 0 | 0 | 0 | For |
| Capital Group | 42,735,018 | 0 | 0 | 0 | For |
| T. Rowe Price | 24,157,679 | 0 | 0 | 0 | For |
| State Street | 17,367,875 | 409 | 0 | 0 | For |
| Charles Schwab | 10,709,187 | 0 | 0 | 0 | For |
| TIAA | 9,961,087 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 6,845,052 | 0 | 0 | 0 | For |
| Invesco | 6,435,387 | 0 | 0 | 0 | For |
| Dimensional | 6,045,879 | 0 | 0 | 0 | For |
| MFS | 5,564,063 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 4,277,073 | 0 | 0 | 0 | For |
| AB LARGE CAP GROWTH FUND INC | 4,225,404 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 4,100,005 | 0 | 0 | 0 | For |
| Jackson National | 4,083,461 | 0 | 0 | 0 | For |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 3,447,872 | 0 | 0 | 0 | For |
| JPMorgan | 3,320,334 | 0 | 0 | 0 | For |
| Victory Capital | 3,187,695 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 2,734,953 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,685,000 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,522,526 | 0 | 0 | 0 | For |
| Loomis Sayles | 2,485,203 | 0 | 0 | 0 | For |
| Principal | 2,467,645 | 0 | 0 | 0 | For |
Showing the 25 largest of 329 asset managers. See all 329 in the interactive database.
Combines 13 wordings of this item as funds reported it.
0.9% Not approved · of votes cast
Description as filed by funds: Shareholder proposal on gender- based compensation gaps and associated risks.
VISA INC.’s own tally for this item (“4. Shareholder proposal on gender-based compensation gaps and associated risks”): 10,657,911 for, 1,318,419,741 against — failed, per its Form 8-K filed January 29, 2025 (Item 5.07).
Reported outcome: Not approved, in the filing’s own words: “The proposal was not approved.”
Support: 0.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of VISA INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Report on Gender-Based Compensation and Benefits Inequities” (18 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
The 331 asset managers below reported 1,960,671 for, 522,409,641 against, 1,657,758 abstained, 2,450 not voted, 76,199 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 0 | 158,835,977 | 0 | 0 | Against |
| Fidelity | 0 | 73,846,069 | 0 | 0 | Against |
| BlackRock | 0 | 49,087,100 | 0 | 0 | Against |
| Capital Group | 0 | 42,735,018 | 0 | 0 | Against |
| T. Rowe Price | 0 | 24,157,679 | 0 | 0 | Against |
| State Street | 0 | 17,368,284 | 0 | 0 | Against |
| Charles Schwab | 0 | 10,709,187 | 0 | 0 | Against |
| TIAA | 0 | 9,961,087 | 0 | 0 | Against |
| Columbia Threadneedle | 0 | 6,845,052 | 0 | 0 | Against |
| Invesco | 175,898 | 6,259,489 | 0 | 0 | Against |
| Dimensional | 0 | 6,045,879 | 0 | 0 | Against |
| MFS | 0 | 5,564,063 | 0 | 0 | Against |
| ADVISORS' INNER CIRCLE FUND | 0 | 4,277,073 | 0 | 0 | Against |
| AB LARGE CAP GROWTH FUND INC | 0 | 4,225,404 | 0 | 0 | Against |
| Bridge Builder Trust | 0 | 4,100,005 | 0 | 0 | Against |
| Jackson National | 0 | 4,083,461 | 0 | 0 | Against |
| Legg Mason | 0 | 4,045,807 | 0 | 0 | Against |
| PROFESSIONALLY MANAGED PORTFOLIOS | 0 | 3,447,872 | 0 | 0 | Against |
| JPMorgan | 0 | 3,320,334 | 0 | 0 | Against |
| Victory Capital | 0 | 3,187,695 | 0 | 0 | Against |
| JANUS INVESTMENT FUND | 0 | 2,734,953 | 0 | 0 | Against |
| FRANKLIN MANAGED TRUST | 0 | 2,685,000 | 0 | 0 | Against |
| Prudential/PGIM | 713,071 | 1,809,455 | 0 | 0 | Mixed |
| Loomis Sayles | 0 | 2,485,203 | 0 | 0 | Against |
| Principal | 0 | 2,467,645 | 0 | 0 | Against |
Showing the 25 largest of 331 asset managers. See all 331 in the interactive database.
Combines 11 wordings of this item as funds reported it.
0.8% Not approved · of votes cast
Description as filed by funds: Shareholder proposal requesting a report on policy on merchant category codes.
VISA INC.’s own tally for this item (“5. Shareholder proposal requesting a report on policy on merchant category codes”): 10,038,824 for, 1,316,074,521 against — failed, per its Form 8-K filed January 29, 2025 (Item 5.07).
Reported outcome: Not approved, in the filing’s own words: “The proposal was not approved.”
Support: 0.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 324 asset managers below reported 1,170,431 for, 524,412,281 against, 1,688,562 abstained, 2,450 not voted, 83,750 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 0 | 158,835,977 | 0 | 0 | Against |
| Fidelity | 0 | 73,846,069 | 0 | 0 | Against |
| BlackRock | 0 | 49,087,100 | 0 | 0 | Against |
| Capital Group | 0 | 42,735,018 | 0 | 0 | Against |
| T. Rowe Price | 0 | 24,157,679 | 0 | 0 | Against |
| State Street | 0 | 17,368,284 | 0 | 0 | Against |
| Charles Schwab | 0 | 10,709,187 | 0 | 0 | Against |
| TIAA | 0 | 9,961,087 | 0 | 0 | Against |
| Columbia Threadneedle | 0 | 6,845,052 | 0 | 0 | Against |
| Invesco | 175,898 | 6,259,489 | 0 | 0 | Against |
| Dimensional | 0 | 6,045,879 | 0 | 0 | Against |
| MFS | 0 | 5,564,063 | 0 | 0 | Against |
| ADVISORS' INNER CIRCLE FUND | 0 | 4,277,073 | 0 | 0 | Against |
| AB LARGE CAP GROWTH FUND INC | 0 | 4,225,404 | 0 | 0 | Against |
| Bridge Builder Trust | 0 | 4,100,005 | 0 | 0 | Against |
| Jackson National | 0 | 4,083,461 | 0 | 0 | Against |
| Legg Mason | 0 | 4,045,807 | 0 | 0 | Against |
| PROFESSIONALLY MANAGED PORTFOLIOS | 0 | 3,447,872 | 0 | 0 | Against |
| JPMorgan | 0 | 3,320,334 | 0 | 0 | Against |
| Victory Capital | 0 | 3,187,695 | 0 | 0 | Against |
| JANUS INVESTMENT FUND | 0 | 2,734,953 | 0 | 0 | Against |
| FRANKLIN MANAGED TRUST | 0 | 2,685,000 | 0 | 0 | Against |
| Prudential/PGIM | 0 | 2,522,526 | 0 | 0 | Against |
| Loomis Sayles | 0 | 2,485,203 | 0 | 0 | Against |
| Principal | 0 | 2,467,645 | 0 | 0 | Against |
Showing the 25 largest of 324 asset managers. See all 324 in the interactive database.
Combines 5 wordings of this item as funds reported it.
14% Not approved · of votes cast
Description as filed by funds: Shareholder proposal on transparency in lobbying.
VISA INC.’s own tally for this item (“7. Shareholder proposal on transparency in lobbying”): 182,684,178 for, 1,142,568,004 against — failed, per its Form 8-K filed January 29, 2025 (Item 5.07).
Reported outcome: Not approved, in the filing’s own words: “The proposal was not approved.”
Support: 14% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of VISA INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Shareholder Proposal Regarding Lobbying Report” (6 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
The 314 asset managers below reported 20,650,503 for, 503,138,521 against, 1,674,536 abstained, 2,450 not voted, 31,129 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,464,375 | 156,371,602 | 0 | 0 | Against |
| Fidelity | 0 | 73,846,069 | 0 | 0 | Against |
| BlackRock | 31,966 | 49,055,134 | 0 | 0 | Against |
| Capital Group | 0 | 42,735,018 | 0 | 0 | Against |
| T. Rowe Price | 0 | 24,157,679 | 0 | 0 | Against |
| State Street | 3,153 | 17,365,131 | 0 | 0 | Against |
| Charles Schwab | 0 | 10,709,187 | 0 | 0 | Against |
| TIAA | 0 | 9,961,087 | 0 | 0 | Against |
| Columbia Threadneedle | 0 | 6,845,052 | 0 | 0 | Against |
| Invesco | 175,898 | 6,259,489 | 0 | 0 | Against |
| Dimensional | 0 | 6,045,879 | 0 | 0 | Against |
| MFS | 0 | 5,564,063 | 0 | 0 | Against |
| ADVISORS' INNER CIRCLE FUND | 0 | 4,277,073 | 0 | 0 | Against |
| AB LARGE CAP GROWTH FUND INC | 0 | 4,225,404 | 0 | 0 | Against |
| Bridge Builder Trust | 2,792,688 | 1,307,317 | 0 | 0 | Mixed |
| Jackson National | 267,730 | 3,815,731 | 0 | 0 | Mixed |
| Legg Mason | 4,045,807 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 8,140 | 3,439,732 | 0 | 0 | Against |
| JPMorgan | 315 | 3,320,019 | 0 | 0 | Against |
| Victory Capital | 0 | 3,187,695 | 0 | 0 | Against |
| JANUS INVESTMENT FUND | 0 | 2,734,953 | 0 | 0 | Against |
| FRANKLIN MANAGED TRUST | 0 | 2,685,000 | 0 | 0 | Against |
| Prudential/PGIM | 1,038,030 | 1,484,496 | 0 | 0 | Mixed |
| Loomis Sayles | 0 | 2,485,203 | 0 | 0 | Against |
| Principal | 0 | 2,467,645 | 0 | 0 | Against |
Showing the 25 largest of 314 asset managers. See all 314 in the interactive database.
Not shown here: this season’s fund filings also report 1 item from the meeting of January 23, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.
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.
| # | Asset manager | Shares voted |
|---|---|---|
| 1 | Vanguard | 158,835,977 |
| 2 | Fidelity | 73,846,069 |
| 3 | BlackRock | 49,087,100 |
| 4 | Capital Group | 42,735,018 |
| 5 | T. Rowe Price | 24,157,679 |
| 6 | State Street | 17,368,284 |
| 7 | Charles Schwab | 10,709,187 |
| 8 | TIAA | 9,961,087 |
| 9 | Columbia Threadneedle | 6,845,052 |
| 10 | Invesco | 6,435,387 |
| # | Asset manager | Shares voted |
|---|---|---|
| 1 | BlackRock | 51,326,478 |
| 2 | Fidelity | 50,181,836 |
| 3 | Capital Group | 48,096,235 |
| 4 | T. Rowe Price | 46,914,356 |
| 5 | State Street | 44,411,051 |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 38,005,420 |
| 7 | AllianceBernstein | 20,981,416 |
| 8 | TCI Fund Management Ltd | 16,797,187 |
| 9 | Legal & General Investment Management Ltd | 16,411,054 |
| 10 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 14,845,833 |
Shown as share counts, not percentages: no shares-outstanding figure has been matched to VISA INC. for the 2024-2025 season, so there is no denominator to divide by.
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. This page is a static snapshot rebuilt weekly on October 13, 2026; a live search always shows the current data.
At VISA INC.'s shareholder meeting held January 28, 2025, in the 2024-2025 proxy season, 1,873 asset managers reported how they voted on 17 ballot items in their SEC Form N-PX filings, covering 34,044 separate fund positions. On the most widely held item on that ballot — To approve, on an advisory basis, the compensation paid to our named executive officers. — VISA INC.'s filing reports the proposal as approved, with 92% support 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). Source: VISA INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on January 29, 2025.
VISA INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.