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Adviser Managed Trust 2025-2026: where it broke with the board

1,201 proposals in the 2025-2026 proxy season: Adviser Managed Trust voted against, or withheld its votes from, 1,169 proposals put forward by company boards, and voted for 32 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal Adviser Managed Trust voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.

Everything Only shareholder proposals it backed

1,201 proposals.

Adviser Managed Trust, 2025-2026 proxy season. Who put a proposal on the ballot is taken from the filer’s own N-PX answer (Item 1(h)), or, marked “inferred”, from its category and wording where the filing does not say; see how we count these.
CompanyMeetingProposalCategory On the ballot fromBoard recommendedAdviser Managed Trust votedFunds
Meta Platforms, Inc. May 27, 2026 Elect Nancy Killefer Director Elections Board WITHHOLD 1
Meta Platforms, Inc. May 27, 2026 Elect Peggy Alford Director Elections Board WITHHOLD 1
Meta Platforms, Inc. May 27, 2026 Elect Tony Xu Director Elections Board WITHHOLD 1
Microchip Technology Incorporated August 19, 2025 Proposal to approve, on an advisory (non-binding) basis, the compensation of our named executives. Say-on-Pay Board AGAINST 1
Microsoft Corporation December 5, 2025 Election of Directors: Hugh F. Johnston Director Elections Board AGAINST 1
Microsoft Corporation December 5, 2025 Report on AI Data Usage Oversight Other Social Issues Shareholder Against FOR 1
Millicom International Cellular S.A. May 20, 2026 To re-elect Maria Teresa Arnal as a Director for a term ending at the 2027 AGM. Director Elections Board AGAINST 1
Millicom International Cellular S.A. May 20, 2026 To re-elect Pierre Alain Allemand as a Director for a term ending at the annual general meeting to be held in 2027 (the "2027 AGM"). Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: Carlos A. Migoya (Chair) Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: Kathleen B. Lynch Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: M. Allison Mincey Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: Matthew B. Gorson Director Elections Board AGAINST 1
Millrose Properties, Inc. May 18, 2026 Election of Directors: Patrick J. Bartels Director Elections Board AGAINST 1
Mitsubishi Chemical Group Corporation June 24, 2026 Elect Nobuo Fukuda Director Elections Board AGAINST 1
Mitsubishi HC Capital Inc. June 25, 2026 Elect Yoshitaka Shiba Director Elections Board AGAINST 1
Mitsubishi Heavy Industries, Ltd. June 26, 2026 Elect Seiji Izumisawa Director Elections Board AGAINST 1
Mizrahi Tefahot Bank Ltd. August 11, 2025 Elect Joseph Fellus as External Director Director Elections Board AGAINST 1
Mizuho Financial Group, Inc. June 26, 2026 Elect Takakazu Uchida Director Elections Board AGAINST 1
Moderna, Inc. May 6, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Mohawk Industries, Inc. May 21, 2026 Election of Directors: Karen A. Smith Bogart Director Elections Board AGAINST 1
Molina Healthcare, Inc. May 6, 2026 To consider and approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1
Molina Healthcare, Inc. May 6, 2026 To elect ten directors to hold office until the 2027 Annual Meeting. Ronna E. Romney Director Elections Board AGAINST 1
Molson Coors Beverage Company May 6, 2026 Elect Roger G. Eaton Director Elections Board WITHHOLD 1
Moncler SPA April 21, 2026 2026 Performance Shares Plan Compensation Board AGAINST 1
Moncler SPA April 21, 2026 Remuneration Report Compensation Board AGAINST 1
MonotaRO Co., Ltd. March 26, 2026 Elect Masahiro Kishida Director Elections Board AGAINST 1
Monster Beverage Corporation May 14, 2026 Proposal to elect ten Directors: Jeanne P. Jackson Director Elections Board AGAINST 1
Monster Beverage Corporation May 14, 2026 Proposal to elect ten Directors: Mark S. Vidergauz Director Elections Board AGAINST 1
Moody's Corporation April 14, 2026 Election of Directors: Leslie F. Seidman Director Elections Board AGAINST 1
Morgan Stanley May 14, 2026 Election of Directors: Rayford Wilkins, Jr. Director Elections Board AGAINST 1
Motorola Solutions, Inc. May 18, 2026 Election of Eight Director Nominees for a One-Year Term: Kenneth D. Denman Director Elections Board AGAINST 1
Mowi ASA June 3, 2026 Allocation of Options to Executive Management Capital Structure Board AGAINST 1
Mowi ASA June 3, 2026 Remuneration Policy Compensation Board AGAINST 1
Mowi ASA June 3, 2026 Remuneration Report Compensation Board AGAINST 1
Mr. Cooper Group Inc. September 3, 2025 To approve, on an advisory (non-binding) basis, the compensation that may be paid or become payable to Mr. Cooper's named executive officers that is based on or otherwise related to the mergers (the "merger-related compensation proposal"). Say-on-Pay Board AGAINST 1
Mueller Industries, Inc. May 7, 2026 Elect Elizabeth Donovan Director Elections Board WITHHOLD 1
NEXON Co., Ltd. March 25, 2026 Approval of the Equity Compensation Plan Compensation Board AGAINST 1
NEXON Co., Ltd. March 25, 2026 Elect Hanmin Cho Director Elections Board AGAINST 1
NEXON Co., Ltd. March 25, 2026 Elect Junghun LEE Director Elections Board AGAINST 1
NIBE Industrier AB May 19, 2026 Election of Directors Director Elections Board AGAINST 1
NICE Ltd September 30, 2025 Elect David Kostman Director Elections Board AGAINST 1
NIKE, Inc. September 9, 2025 Class B director nominees: To elect a Board of Directors for the ensuing year: John Rogers, Jr. Director Elections Board WITHHOLD 1
NIPPON PAINT HOLDINGS CO.,LTD. March 27, 2026 Elect Hisashi Hara Director Elections Board AGAINST 1
NIPPON SANSO HOLDINGS CORPORATION June 17, 2026 Elect Katsuhito Yamaji Director Elections Board AGAINST 1
NIQ Global Intelligence plc May 21, 2026 To elect, by separate resolutions, the following four Class I director nominees to the board of directors, to serve until the conclusion of the Company's 2029 annual general meeting: Gabriela Weiss Director Elections Board AGAINST 1
NISSAN MOTOR CO., LTD. June 23, 2026 Elect Motoo Nagai Director Elections Board AGAINST 1
NVIDIA Corporation June 24, 2026 Election of Directors. Aarti Shah Director Elections Board AGAINST 1
NVIDIA Corporation June 24, 2026 Election of Directors. Stephen C. Neal Director Elections Board AGAINST 1
NVR, Inc. May 7, 2026 Election of Directors: Alfred E. Festa Director Elections Board AGAINST 1
NVR, Inc. May 7, 2026 Shareholder proposal to disclose greenhouse gas emissions. Environment or Climate Shareholder Against FOR 1
Nasdaq, Inc. June 10, 2026 Election of 12 Directors: Charlene T. Begley Director Elections Board AGAINST 1
Naturgy Energy Group, S.A. March 24, 2026 Remuneration Report Compensation Board AGAINST 1
Nemetschek SE May 21, 2026 Management Board Remuneration Policy Compensation Board AGAINST 1
Nemetschek SE May 21, 2026 Remuneration Report Compensation Board AGAINST 1
Neste Oyj March 25, 2026 REMUNERATION REPORT Compensation Board AGAINST 1
Newell Brands Inc. May 7, 2026 Approve an advisory resolution on named executive officer compensation. Say-on-Pay Board AGAINST 1
News Corporation November 19, 2025 Election of 6 Directors: Jose Maria Aznar Director Elections Board AGAINST 1
Nomura Holdings, Inc. June 23, 2026 Elect Takahisa Takahara Director Elections Board AGAINST 1
Norsk Hydro ASA May 7, 2026 Elect Pia Aaltonen-Forsell Director Elections Board AGAINST 1
Northern Trust Corporation April 21, 2026 Election of Directors: Jay L. Henderson Director Elections Board AGAINST 1
Northrop Grumman Corporation May 20, 2026 Election of Directors Nominees: Marianne C. Brown Director Elections Board AGAINST 1
Nova Ltd. June 18, 2026 Approval of amendment to the employment terms of Mr. Gabriel Waisman as the President and Chief Executive Officer of the Company and to the Company's compensation policy for executive officers and directors. Compensation Board AGAINST 1
Nova Ltd. June 18, 2026 Re-Election of Directors: Raanan Cohen Director Elections Board AGAINST 1
Novo Nordisk A/S March 26, 2026 Elect Lars Rebien Sorensen as Chair of the Board Director Elections Board ABSTAIN 1
Novo Nordisk A/S March 26, 2026 Remuneration Report Compensation Board AGAINST 1
Nu Holdings Ltd. September 8, 2025 To resolve, as an ordinary resolution, that the reelection of the individuals listed from "a" to "i", as directors of the Company (the "Nominees"), each to serve for a term ending on the date of the next annual general meeting of the Members, or until such person resigns or is removed in accordance with the terms of the Memorandum and Articles of Association of the Company, be approved: a. David Velez Osorno; b. Anita Mary Sands; c. David Alexandre Marcus; d. Douglas Mauro Leone; e. Jacqueline Dawn Reses; f. Luis Alberto Moreno Mejia; g. Roberto de Oliveira Campos Neto; h. Rogerio Paulo Calderon Peres; and i. Thuan Quang Pham. Director Elections Board AGAINST 1
O'Reilly Automotive, Inc. May 14, 2026 Shareholder proposal entitled "Avoid Brand Damage due to Corporate Political Spending. Other Social Issues Shareholder Against FOR 1
OGE Energy Corp. May 14, 2026 Election of Directors: Luther C. Kissam, IV Director Elections Board AGAINST 1
OLYMPUS CORPORATION June 25, 2026 Elect Masato Iwasaki Director Elections Board AGAINST 1
OMV AG May 27, 2026 Remuneration Report Compensation Board AGAINST 1
ON Semiconductor Corporation May 14, 2026 To elect seven directors nominated by our Board of Directors: Christine Y. Yan Director Elections Board AGAINST 1
ORIENTAL LAND CO., LTD. June 26, 2026 Elect Misao Kikuchi Director Elections Board AGAINST 1
ORIENTAL LAND CO., LTD. June 26, 2026 Elect Toshio Kagami Director Elections Board AGAINST 1
OSAKA GAS CO., LTD. June 23, 2026 Elect Fumitoshi Takeguchi Director Elections Board AGAINST 1
OTSUKA CORPORATION March 27, 2026 Elect Yoko Nakai Director Elections Board AGAINST 1
Occidental Petroleum Corporation May 1, 2026 Advisory vote to approve named executive officer compensation Say-on-Pay Board AGAINST 1
Old Dominion Freight Line, Inc. May 20, 2026 Elect John D. Kasarda Director Elections Board WITHHOLD 1
Old Dominion Freight Line, Inc. May 20, 2026 Elect Sherry A. Aaholm Director Elections Board WITHHOLD 1
Olin Corporation April 30, 2026 Election of directors: Carol A. Williams Director Elections Board AGAINST 1
Omnicom Group Inc. May 5, 2026 Advisory resolution to approve executive compensation. Say-on-Pay Board AGAINST 1
On Holding AG May 28, 2026 Re-Election of Alex Perez as Proposed Representative of the Holders of Class A Shares on the Board of Directors Director Elections Board AGAINST 1
On Holding AG May 28, 2026 Re-Elections of the Members of the Board of Directors: Alex Perez Director Elections Board AGAINST 1
Onto Innovation Inc. May 20, 2026 Election of Directors Nominees: David B. Miller Director Elections Board AGAINST 1
Oracle Corporation November 18, 2025 Elect Bruce R. Chizen Director Elections Board WITHHOLD 1
Oracle Corporation November 18, 2025 Elect Jeffrey O. Henley Director Elections Board WITHHOLD 1
Orange S.A. May 19, 2026 Removal of Pierre Chaussoneaux as Employee Representative Director Elections Board AGAINST 1
Orange S.A. May 19, 2026 Removal of Vincent Gimeno as Employee Representative Director Elections Board AGAINST 1
Otis Worldwide Corporation May 27, 2026 Shareholder proposal regarding reporting on political contributions and expenditures Other Social Issues Shareholder Against FOR 1
Ovintiv Inc. May 6, 2026 Advisory Vote to Approve Compensation of Named Executive Officers Say-on-Pay Board ABSTAIN 1
PACCAR Inc April 28, 2026 Election of Directors to serve for one-year term: Mark A. Schulz Director Elections Board AGAINST 1
PG&E Corporation May 21, 2026 Election of Director: Jessica L. Denecour Director Elections Board AGAINST 1
PPG Industries, Inc. April 16, 2026 Election of Directors: Catherine R. Smith Director Elections Board AGAINST 1
PT Bank Rakyat Indonesia December 17, 2025 Election of Directors and/or Commissioners (Slate) Director Elections Board AGAINST 1
PTC Inc. February 11, 2026 Elect Janice D. Chaffin Director Elections Board WITHHOLD 1
PVH Corp. June 18, 2026 Election of the nominees for director listed below: Amy McPherson Director Elections Board AGAINST 1
Palantir Technologies Inc. June 3, 2026 Elect Alexander Moore Director Elections Board WITHHOLD 1
Palantir Technologies Inc. June 3, 2026 Elect Alexandra Schiff Director Elections Board WITHHOLD 1
Palantir Technologies Inc. June 3, 2026 Stockholder proposal entitled "Political Spending Disclosure", if properly presented at the Annual Meeting. Other Social Issues Shareholder Against FOR 1
Palo Alto Networks, Inc. December 9, 2025 Election of Class II Directors: John M. Donovan Director Elections Board AGAINST 1
Palo Alto Networks, Inc. December 9, 2025 To approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 1

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Built November 7, 2026 from SEC Form N-PX filings.