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Compiled from SEC Form N-PX filings and WATSCO INC.’s Form 8-K, filed June 5, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of June 2, 2025: 5 items on WATSCO INC.’s Form 8-K, filed June 5, 2025: 5 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 WATSCO INC. in the interactive database Compare manager voting policies
These tallies are WATSCO INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 5, 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: Gary L. Tapella | 28,752,763 | 1,012,595 | 56,069 | -- | 1,621,889 | 97% | Not verified | — |
| Elect Director: J. Michael Custer | 52,415,165 | 116,611 | 32,370 | -- | 1,100,747 | 99.7% | Not verified | — |
| Elect Director: Valerie F. Schimel | 52,424,015 | 120,131 | 20,000 | -- | 1,100,747 | 99.7% | Not verified | — |
| 2. Approval of a non-binding advisory resolution regarding the compensation of the Company's named executive officers | 77,563,325 | 4,734,051 | 88,191 | -- | 1,731,964 | 94% | Not verified | — |
| 3. Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2025 fiscal year | 85,042,552 | 41,086 | 24,568 | -- | -- | 99.9% | Not verified | — |
Source: WATSCO INC., Form 8-K, filed with the SEC on June 5, 2025 — read the filing on EDGAR.
Each item below shows how the 739 asset managers that disclosed a WATSCO 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 4 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: To elect the following nominee as a Common stock director until the Annual Meeting of Shareholders in 2028 or until his successor is duly elected and qualified: Gary L. Tapella
WATSCO INC.’s own tally for this item (“Elect Director: Gary L. Tapella”): 28,752,763 for, 1,012,595 against, per its Form 8-K filed June 5, 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 + AGAINST); abstentions and broker non-votes are excluded.
The 134 asset managers below reported 13,443,465 for, 86,589 against, 6,452 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,925,363 | 1 | 0 | 0 | For |
| Fidelity | 2,842,017 | 0 | 0 | 0 | For |
| BlackRock | 2,120,729 | 0 | 0 | 0 | For |
| Charles Schwab | 1,197,227 | 0 | 0 | 0 | For |
| Capital Group | 634,018 | 0 | 0 | 0 | For |
| Neuberger Berman | 298,955 | 0 | 0 | 0 | For |
| Virtus | 277,091 | 0 | 0 | 0 | For |
| Lord Abbett | 239,773 | 0 | 0 | 0 | For |
| First Trust | 112,513 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 97,192 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 92,143 | 0 | 0 | 0 | For |
| Hartford | 82,724 | 0 | 0 | 0 | For |
| TIAA | 77,630 | 0 | 0 | 0 | For |
| ETF Series Solutions | 74,507 | 0 | 0 | 0 | For |
| Goldman Sachs | 66,953 | 0 | 0 | 0 | For |
| SCHWARTZ INVESTMENT TRUST | 66,000 | 0 | 0 | 0 | For |
| Jackson National | 54,111 | 0 | 0 | 0 | For |
| Equitable | 53,596 | 0 | 0 | 0 | For |
| JPMorgan | 52,327 | 0 | 0 | 0 | For |
| Waddell & Reed | 52,267 | 0 | 0 | 0 | For |
| BBH Trust | 49,648 | 0 | 0 | 0 | For |
| Invesco | 49,133 | 0 | 0 | 0 | For |
| WisdomTree | 47,098 | 0 | 0 | 0 | For |
| Value Line Mid Cap Focused Fund, Inc. | 46,628 | 0 | 0 | 0 | For |
| CONESTOGA FUNDS | 46,390 | 0 | 0 | 0 | For |
Showing the 25 largest of 134 asset managers. See all 134 in the interactive database.
Combines 2 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Director: J. Michael Custer
WATSCO INC.’s own tally for this item (“Elect Director: J. Michael Custer”): 52,415,165 for, 116,611 against, per its Form 8-K filed June 5, 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 4 asset managers below reported 7,875 for, 8,515 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 0 | 8,431 | 0 | 0 | Against |
| Gabelli | 7,875 | 0 | 0 | 0 | For |
| Allianz | 0 | 84 | 0 | 0 | Against |
| NEIMAN FUNDS | 0 | 0 | 0 | 0 | -- |
Combines 2 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Director: Valerie F. Schimel
WATSCO INC.’s own tally for this item (“Elect Director: Valerie F. Schimel”): 52,424,015 for, 120,131 against, per its Form 8-K filed June 5, 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 4 asset managers below reported 7,875 for, 8,515 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 0 | 8,431 | 0 | 0 | Against |
| Gabelli | 7,875 | 0 | 0 | 0 | For |
| Allianz | 0 | 84 | 0 | 0 | Against |
| NEIMAN FUNDS | 0 | 0 | 0 | 0 | -- |
Combines 17 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: Approval of the advisory resolution regarding the compensation of our named executive officers.
WATSCO INC.’s own tally for this item (“2. Approval of a non-binding advisory resolution regarding the compensation of the Company's named executive officers”): 77,563,325 for, 4,734,051 against, per its Form 8-K filed June 5, 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 + 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 | 3,924,022 | 1,343 | 0 | 0 | For |
| Fidelity | 2,842,017 | 0 | 0 | 0 | For |
| BlackRock | 2,120,729 | 0 | 0 | 0 | For |
| Charles Schwab | 1,197,227 | 0 | 0 | 0 | For |
| Capital Group | 634,018 | 0 | 0 | 0 | For |
| Neuberger Berman | 0 | 298,955 | 0 | 0 | Against |
| Virtus | 277,091 | 0 | 0 | 0 | For |
| Lord Abbett | 239,773 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 0 | 122,001 | 0 | 0 | Against |
| First Trust | 112,513 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 0 | 97,192 | 0 | 0 | Against |
| WILLIAMSBURG INVESTMENT TRUST | 0 | 92,143 | 0 | 0 | Against |
| Hartford | 82,724 | 0 | 0 | 0 | For |
| TIAA | 0 | 77,630 | 0 | 0 | Against |
| ETF Series Solutions | 74,348 | 159 | 0 | 0 | For |
| Goldman Sachs | 66,953 | 0 | 0 | 0 | For |
| SCHWARTZ INVESTMENT TRUST | 66,000 | 0 | 0 | 0 | For |
| Jackson National | 0 | 54,111 | 0 | 0 | Against |
| Equitable | 53,596 | 0 | 0 | 0 | For |
| JPMorgan | 52,327 | 0 | 0 | 0 | For |
| Waddell & Reed | 52,267 | 0 | 0 | 0 | For |
| BBH Trust | 49,648 | 0 | 0 | 0 | For |
| Invesco | 0 | 49,133 | 0 | 0 | Against |
| WisdomTree | 0 | 47,098 | 0 | 0 | Against |
| Value Line Mid Cap Focused Fund, Inc. | 0 | 46,628 | 0 | 0 | Against |
Fund voting reports, all 134 managers: 12,509,509 for, 1,163,342 against, 6,452 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Fidelity | 2,321,374 | 0 | 0 | 0 | For |
| Charles Schwab | 1,435,316 | 0 | 0 | 0 | For |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 1,396,585 | 2,866 | 0 | 0 | For |
| BlackRock | 779,682 | 15,654 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 751,810 | 0 | 0 | 0 | For |
| State Street | 705,701 | 12,962 | 0 | 0 | For |
| BLAIR WILLIAM & CO/IL | 689,215 | 0 | 0 | 0 | For |
| Capital Group | 634,146 | 0 | 0 | 0 | For |
| Neuberger Berman | 25 | 546,373 | 0 | 0 | Against |
| BAILLIE GIFFORD & CO LTD | 475,823 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD OVERSEAS LTD | 406,867 | 0 | 0 | 0 | For |
| CAPTRUST FINANCIAL ADVISORS | 339,067 | 0 | 0 | 0 | For |
| RAYMOND JAMES & ASSOCIATES | 0 | 335,785 | 0 | 0 | Against |
| LORD, ABBETT & CO. LLC | 239,960 | 0 | 0 | 0 | For |
| Northern Trust | 218,655 | 2,544 | 0 | 0 | For |
| MARKEL GROUP INC. | 214,701 | 0 | 0 | 0 | For |
| DAVENPORT & Co LLC | 0 | 211,393 | 0 | 0 | Against |
| WELCH & FORBES LLC | 0 | 206,228 | 0 | 0 | Against |
| Wellington | 201,871 | 0 | 0 | 0 | For |
| BAHL & GAYNOR INC | 200,215 | 0 | 0 | 0 | For |
| Hamlin Capital Management, LLC | 0 | 191,164 | 0 | 0 | Against |
| ENVESTNET ASSET MANAGEMENT INC | 0 | 183,724 | 0 | 0 | Against |
| MELLON INVESTMENTS Corp | 0 | 161,321 | 0 | 0 | Against |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 0 | 157,942 | 0 | 0 | Against |
| Corient Private Wealth LLC | 129,088 | 1,307 | 0 | 0 | For |
Institutional-manager reports, all 633 managers: 14,755,387 for, 3,605,277 against, 202 withheld, 227 abstained, 8,137 not voted, 50 unknown. Showing the 25 largest; see all in the interactive database.
Combines 6 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
Description as filed by funds: To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the 2025 fiscal year.
WATSCO INC.’s own tally for this item (“3. Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2025 fiscal year”): 85,042,552 for, 41,086 against, per its Form 8-K filed June 5, 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: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 139 asset managers below reported 13,668,196 for, 268 against, 6,452 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,925,365 | 0 | 0 | 0 | For |
| Fidelity | 2,842,017 | 0 | 0 | 0 | For |
| BlackRock | 2,120,729 | 0 | 0 | 0 | For |
| Charles Schwab | 1,197,227 | 0 | 0 | 0 | For |
| Capital Group | 634,018 | 0 | 0 | 0 | For |
| Neuberger Berman | 298,955 | 0 | 0 | 0 | For |
| Virtus | 277,091 | 0 | 0 | 0 | For |
| Lord Abbett | 239,773 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 122,001 | 0 | 0 | 0 | For |
| First Trust | 112,513 | 0 | 0 | 0 | For |
| CITY NATIONAL ROCHDALE FUNDS | 97,192 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 92,143 | 0 | 0 | 0 | For |
| Hartford | 82,724 | 0 | 0 | 0 | For |
| TIAA | 77,630 | 0 | 0 | 0 | For |
| ETF Series Solutions | 74,507 | 0 | 0 | 0 | For |
| Goldman Sachs | 66,953 | 0 | 0 | 0 | For |
| SCHWARTZ INVESTMENT TRUST | 66,000 | 0 | 0 | 0 | For |
| Jackson National | 54,111 | 0 | 0 | 0 | For |
| Equitable | 53,596 | 0 | 0 | 0 | For |
| JPMorgan | 52,327 | 0 | 0 | 0 | For |
| Waddell & Reed | 52,267 | 0 | 0 | 0 | For |
| BBH Trust | 49,648 | 0 | 0 | 0 | For |
| Invesco | 49,133 | 0 | 0 | 0 | For |
| WisdomTree | 47,098 | 0 | 0 | 0 | For |
| Value Line Mid Cap Focused Fund, Inc. | 46,628 | 0 | 0 | 0 | For |
Showing the 25 largest of 139 asset managers. See all 139 in the interactive database.
Not shown here: this season’s fund filings also report 1 item from the meeting of June 3, 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, shown as a share of the 37,752,203 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 10.40% |
| 2 | Fidelity | 7.53% |
| 3 | BlackRock | 5.62% |
| 4 | Charles Schwab | 3.17% |
| 5 | Capital Group | 1.68% |
| 6 | Neuberger Berman | 0.79% |
| 7 | Virtus | 0.73% |
| 8 | Lord Abbett | 0.64% |
| 9 | ADVISORS' INNER CIRCLE FUND | 0.32% |
| 10 | First Trust | 0.30% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Fidelity | 6.15% |
| 2 | Charles Schwab | 3.81% |
| 3 | KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 3.71% |
| 4 | BlackRock | 2.11% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 1.99% |
| 6 | State Street | 1.90% |
| 7 | BLAIR WILLIAM & CO/IL | 1.83% |
| 8 | Capital Group | 1.68% |
| 9 | Neuberger Berman | 1.45% |
| 10 | BAILLIE GIFFORD & CO LTD | 1.26% |
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 |
|---|---|---|
| BlackRock | 9.86% | 13F |
| Vanguard Group | 9.45% | 13F |
| Capital International Investors | 9.38% | 13G |
| FMR (Fidelity) | 9.03% | 13F |
| Capital Research Global Investors | 5.03% | 13G |
| Charles Schwab | 3.85% | 13F |
| State Street | 3.28% | 13F |
| Geode Capital | 2.02% | 13F |
| Morgan Stanley | 1.77% | 13F |
| JPMorgan Chase | 1.31% | 13F |
Percentages above are of 37,752,203 shares outstanding, as reported by WATSCO INC. on its Form 10-Q dated March 31, 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 WATSCO INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At WATSCO INC.'s shareholder meeting held June 2, 2025, in the 2024-2025 proxy season, 739 asset managers reported how they voted on 5 ballot items in their SEC Form N-PX filings, covering 2,629 separate fund positions. On the most widely held item on that ballot — Approval of the advisory resolution regarding the compensation of our named executive officers. — FOR was 94% 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: WATSCO INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 5, 2025.
WATSCO INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.