Home › Asset managers › Advisors' Inner Circle Fund III › 2025-2026 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Advisors' Inner Circle Fund III 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
6,063 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Advisors' Inner Circle Fund III voted | Funds |
|---|---|---|---|---|---|---|---|
| Petroleo Brasileiro SA | April 16, 2026 | Elect Directors | Director Elections | Board | AGAINST | 5 | |
| Petroleo Brasileiro SA | April 16, 2026 | Elect Fiscal Council Members | Director Elections | Board | ABSTAIN | 5 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Benjamin Alves Rabello Filho as Director | Director Elections | Board | ABSTAIN | 5 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Bruno Moretti as Director | Director Elections | Board | ABSTAIN | 5 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Fabio Henrique Bittes Terra as Director | Director Elections | Board | ABSTAIN | 5 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Jose Fernando Coura as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Magda Maria de Regina Chambriard as Director | Director Elections | Board | ABSTAIN | 5 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Marcelo Weick Pogliese as Director | Director Elections | Board | ABSTAIN | 5 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Renato Campos Galuppo as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| Petroleo Brasileiro SA | April 16, 2026 | Percentage of Votes to Be Assigned - Elect Ricardo Baldin as Independent Director | Director Elections | Board | ABSTAIN | 5 | |
| Eni SpA | May 6, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 4 | |
| First Abu Dhabi Bank PJSC | March 11, 2026 | Elect the Board of Directors Members | Director Elections | Board | AGAINST | 4 | |
| GILEAD SCIENCES, INC. | April 30, 2026 | TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026. | Audit-related | Board | AGAINST | 4 | |
| INTERNATIONAL BUSINESS MACHINES CORP. | April 28, 2026 | ELECTION OF DIRECTOR FOR A TERM OF ONE YEAR: ANDREW N. LIVERIS | Director Elections | Board | AGAINST | 4 | |
| INTERNATIONAL BUSINESS MACHINES CORP. | April 28, 2026 | ELECTION OF DIRECTOR FOR A TERM OF ONE YEAR: DAVID N. FARR | Director Elections | Board | AGAINST | 4 | |
| INTERNATIONAL BUSINESS MACHINES CORP. | April 28, 2026 | ELECTION OF DIRECTOR FOR A TERM OF ONE YEAR: PETER R. VOSER | Director Elections | Board | AGAINST | 4 | |
| INTERNATIONAL BUSINESS MACHINES CORP. | April 28, 2026 | RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Audit-related | Board | AGAINST | 4 | |
| INTERNATIONAL BUSINESS MACHINES CORP. | April 28, 2026 | STOCKHOLDER PROPOSAL REQUESTING A REPORT ON DISCRIMINATION IN CHARITABLE SUPPORT | Other Social Issues | Shareholder | Against | FOR | 4 |
| Natera, Inc. | June 11, 2026 | To approve an amendment to Natera's 2015 Equity Incentive Plan, as amended and restated. | Compensation | Board | AGAINST | 4 | |
| PT Bank Mandiri (Persero) Tbk | April 29, 2026 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 4 | |
| Petroleo Brasileiro SA | April 16, 2026 | Approve Remuneration of Company's Management, Fiscal Council, and Statutory Advisory Committees | Compensation | Board | AGAINST | 4 | |
| Petroleo Brasileiro SA | April 16, 2026 | Elect Bruno Moretti as Board Chair | Director Elections | Board | AGAINST | 4 | |
| Regeneron Pharmaceuticals, Inc. | June 12, 2026 | Election of Directors: Christine A. Poon | Director Elections | Board | AGAINST | 4 | |
| Regeneron Pharmaceuticals, Inc. | June 12, 2026 | Election of Directors: Craig B. Thompson, M.D. | Director Elections | Board | AGAINST | 4 | |
| Regeneron Pharmaceuticals, Inc. | June 12, 2026 | Election of Directors: Joseph L. Goldstein, M.D. | Director Elections | Board | AGAINST | 4 | |
| The Goldman Sachs Group, Inc. | April 29, 2026 | Advisory Vote to Approve Executive Compensation (Say on Pay) | Say-on-Pay | Board | AGAINST | 4 | |
| The Goldman Sachs Group, Inc. | April 29, 2026 | Election of Directors: Kimberley Harris | Director Elections | Board | AGAINST | 4 | |
| ADNOC Gas Plc | April 6, 2026 | Elect Seven Members to the Board of Directors of the Company for a New Term of Three Years | Director Elections | Board | AGAINST | 3 | |
| ALPHABET INC. | June 5, 2026 | APPROVAL OF THE AMENDMENT AND RESTATEMENT OF ALPHABET'S AMENDED AND RESTATED 2021 STOCK PLAN TO INCREASE THE SHARE RESERVE BY 200,000,000 SHARES OF CLASS C CAPITAL STOCK | Compensation | Board | AGAINST | 3 | |
| ALPHABET INC. | June 5, 2026 | ELECTION OF DIRECTOR: JOHN L. HENNESSY | Director Elections | Board | AGAINST | 3 | |
| ALPHABET INC. | June 5, 2026 | ELECTION OF DIRECTOR: K. RAM SHRIRAM | Director Elections | Board | AGAINST | 3 | |
| ALPHABET INC. | June 5, 2026 | ELECTION OF DIRECTOR: L. JOHN DOERR | Director Elections | Board | AGAINST | 3 | |
| ALPHABET INC. | June 5, 2026 | ELECTION OF DIRECTOR: ROGER W. FERGUSON JR. | Director Elections | Board | AGAINST | 3 | |
| ALPHABET INC. | June 5, 2026 | RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS ALPHABET'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2026 | Audit-related | Board | AGAINST | 3 | |
| ALPHABET INC. | June 5, 2026 | SHAREHOLDER PROPOSAL REGARDING A REPORT ON WATER USAGE AND AI DEVELOPMENT | Environment or Climate | Shareholder | Against | FOR | 3 |
| ALPHABET INC. | June 5, 2026 | SHAREHOLDER PROPOSAL REGARDING AN ENHANCED DISCLOSURE ON CLIMATE GOALS | Environment or Climate | Shareholder | Against | FOR | 3 |
| AMERICAN EXPRESS COMPANY | May 5, 2026 | ELECTION OF DIRECTOR FOR A ONE YEAR TERM: THEODORE J. LEONSIS | Director Elections | Board | AGAINST | 3 | |
| AMERICAN EXPRESS COMPANY | May 5, 2026 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2026. | Audit-related | Board | AGAINST | 3 | |
| Alphabet Inc. | June 5, 2026 | Advisory vote to approve compensation awarded to named executive officers | Say-on-Pay | Board | AGAINST | 3 | |
| Alphabet Inc. | June 5, 2026 | Approval of the amendment and restatement of Alphabet's Amended and Restated 2021 Stock Plan to increase the share reserve by 200,000,000 shares of Class C capital stock | Compensation | Board | AGAINST | 3 | |
| Alphabet Inc. | June 5, 2026 | Election of ten directors: Frances H. Arnold | Director Elections | Board | AGAINST | 3 | |
| Alphabet Inc. | June 5, 2026 | Election of ten directors: John L. Hennessy | Director Elections | Board | AGAINST | 3 | |
| Ambev SA | April 30, 2026 | Elect Fiscal Council Members | Director Elections | Board | ABSTAIN | 3 | |
| Ambev SA | April 30, 2026 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Director Elections | Board | ABSTAIN | 3 | |
| BANK OF AMERICA CORPORATION | May 4, 2026 | ELECTION OF DIRECTOR: ARNOLD W. DONALD | Director Elections | Board | AGAINST | 3 | |
| BANK OF AMERICA CORPORATION | May 4, 2026 | ELECTION OF DIRECTOR: MARIA T. ZUBER | Director Elections | Board | AGAINST | 3 | |
| BANK OF AMERICA CORPORATION | May 4, 2026 | ELECTION OF DIRECTOR: MICHAEL D. WHITE | Director Elections | Board | AGAINST | 3 | |
| BANK OF AMERICA CORPORATION | May 4, 2026 | ELECTION OF DIRECTOR: MONICA C. LOZANO | Director Elections | Board | AGAINST | 3 | |
| BANK OF AMERICA CORPORATION | May 4, 2026 | ELECTION OF DIRECTOR: SHARON L. ALLEN | Director Elections | Board | AGAINST | 3 | |
| BANK OF AMERICA CORPORATION | May 4, 2026 | ELECTION OF DIRECTOR: THOMAS D. WOODS | Director Elections | Board | AGAINST | 3 | |
| BANK OF AMERICA CORPORATION | May 4, 2026 | RATIFYING THE APPOINTMENT OF OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2026 | Audit-related | Board | AGAINST | 3 | |
| BANK OF AMERICA CORPORATION | May 4, 2026 | SHAREHOLDER PROPOSAL REQUESTING REPORT ON BOARD OVERSIGHT OF RISKS RELATED TO ANIMAL WELFARE | Other Social Issues | Shareholder | Against | FOR | 3 |
| BERKSHIRE HATHAWAY INC. | May 2, 2026 | DIRECTOR: CHARLOTTE GUYMAN | Director Elections | Board | WITHHOLD | 3 | |
| BERKSHIRE HATHAWAY INC. | May 2, 2026 | DIRECTOR: MERYL B. WITMER | Director Elections | Board | WITHHOLD | 3 | |
| BERKSHIRE HATHAWAY INC. | May 2, 2026 | DIRECTOR: STEPHEN B. BURKE | Director Elections | Board | WITHHOLD | 3 | |
| BERKSHIRE HATHAWAY INC. | May 2, 2026 | DIRECTOR: SUSAN L. DECKER | Director Elections | Board | WITHHOLD | 3 | |
| BERKSHIRE HATHAWAY INC. | May 2, 2026 | SHAREHOLDER PROPOSAL REQUESTING THAT THE COMPANY ISSUE A REPORT DISCLOSING THE BOARD'S OVERSIGHT FRAMEWORK FOR WORKFORCE AND HUMAN-CAPITAL MANAGEMENT ACROSS ITS OPERATING SUBSIDIARIES. | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 3 |
| BYD Company Limited | June 9, 2026 | Authorize the Board to Determine the Proposed Plan for the Issuance of Debt Financing Instrument(s) | Capital Structure | Board | AGAINST | 3 | |
| Berkshire Hathaway Inc. | May 2, 2026 | Election of Directors: Charlotte Guyman | Director Elections | Board | WITHHOLD | 3 | |
| Berkshire Hathaway Inc. | May 2, 2026 | Election of Directors: Kenneth I. Chenault | Director Elections | Board | WITHHOLD | 3 | |
| Berkshire Hathaway Inc. | May 2, 2026 | Election of Directors: Stephen B. Burke | Director Elections | Board | WITHHOLD | 3 | |
| Berkshire Hathaway Inc. | May 2, 2026 | Election of Directors: Thomas S. Murphy, Jr. | Director Elections | Board | WITHHOLD | 3 | |
| Berkshire Hathaway Inc. | May 2, 2026 | Non-binding resolution to approve the compensation of the Company's Named Executive Officers, as described in the 2026 Proxy Statement. | Say-on-Pay | Board | AGAINST | 3 | |
| Broadcom Inc. | April 20, 2026 | Advisory vote to approve the named executive officer compensation. | Say-on-Pay | Board | AGAINST | 3 | |
| CARETRUST REIT, INC | April 29, 2026 | ELECTION OF DIRECTOR: DIANA M. LAING | Director Elections | Board | AGAINST | 3 | |
| CBRE GROUP, INC. | May 21, 2026 | ELECTION OF DIRECTOR: GERARDO I. LOPEZ | Director Elections | Board | AGAINST | 3 | |
| CISCO SYSTEMS, INC. | December 16, 2025 | ELECTION OF DIRECTOR: DR. KRISTINA M. JOHNSON | Director Elections | Board | AGAINST | 3 | |
| CISCO SYSTEMS, INC. | December 16, 2025 | ELECTION OF DIRECTOR: MICHAEL D. CAPELLAS | Director Elections | Board | AGAINST | 3 | |
| CISCO SYSTEMS, INC. | December 16, 2025 | RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS CISCO'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL 2026. | Audit-related | Board | AGAINST | 3 | |
| CUMMINS INC. | May 12, 2026 | ELECTION OF DIRECTOR: BRUNO V. DI LEO ALLEN | Director Elections | Board | AGAINST | 3 | |
| CUMMINS INC. | May 12, 2026 | ELECTION OF DIRECTOR: THOMAS J. LYNCH | Director Elections | Board | AGAINST | 3 | |
| CUMMINS INC. | May 12, 2026 | ELECTION OF DIRECTOR: WILLIAM I. MILLER | Director Elections | Board | AGAINST | 3 | |
| CUMMINS INC. | May 12, 2026 | PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2026. | Audit-related | Board | AGAINST | 3 | |
| CUMMINS INC. | May 12, 2026 | SHAREHOLDER PROPOSAL REQUESTING A REPORT ON THE COMPANY'S CHARITABLE SUPPORT. | Other Social Issues | Shareholder | Against | FOR | 3 |
| Comcast Corporation | June 10, 2026 | Advisory vote on executive compensation | Say-on-Pay | Board | AGAINST | 3 | |
| CrowdStrike Holdings, Inc. | June 17, 2026 | To elect CrowdStrike's nominees Johanna Flower and Denis J. O'Leary to the Board of Directors to hold office until the 2029 Annual Meeting of Stockholders: Johanna Flower | Director Elections | Board | WITHHOLD | 3 | |
| DEXCOM, INC. | May 27, 2026 | TO PROVIDE A NON-BINDING ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2025. | Say-on-Pay | Board | AGAINST | 3 | |
| ENTERGY CORPORATION | May 8, 2026 | ELECTION OF DIRECTOR: KAREN A. PUCKETT | Director Elections | Board | AGAINST | 3 | |
| ENTERGY CORPORATION | May 8, 2026 | ELECTION OF DIRECTOR: PHILIP L. FREDERICKSON | Director Elections | Board | AGAINST | 3 | |
| ENTERGY CORPORATION | May 8, 2026 | ELECTION OF DIRECTOR: STUART L. LEVENICK | Director Elections | Board | AGAINST | 3 | |
| ENTERGY CORPORATION | May 8, 2026 | RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS ENTERGY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2026. | Audit-related | Board | AGAINST | 3 | |
| JPMORGAN CHASE & CO. | May 19, 2026 | ELECTION OF DIRECTOR: LINDA B. BAMMANN | Director Elections | Board | AGAINST | 3 | |
| JPMORGAN CHASE & CO. | May 19, 2026 | ELECTION OF DIRECTOR: STEPHEN B. BURKE | Director Elections | Board | AGAINST | 3 | |
| JPMORGAN CHASE & CO. | May 19, 2026 | RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Audit-related | Board | AGAINST | 3 | |
| LINDE PLC | July 29, 2025 | ELECTION OF DIRECTOR: STEPHEN F. ANGEL | Director Elections | Board | AGAINST | 3 | |
| LINDE PLC | July 29, 2025 | TO AUTHORIZE, IN A BINDING VOTE, THE BOARD, ACTING THROUGH THE AUDIT COMMITTEE, TO DETERMINE PWC'S REMUNERATION. | Compensation | Board | AGAINST | 3 | |
| LINDE PLC | July 29, 2025 | TO RATIFY, ON AN ADVISORY AND NON-BINDING BASIS, THE APPOINTMENT OF PRICEWATERHOUSECOOPERS (PWC") AS THE INDEPENDENT AUDITOR. " | Audit-related | Board | AGAINST | 3 | |
| Las Vegas Sands Corp. | May 14, 2026 | Elect Alain Li | Director Elections | Board | WITHHOLD | 3 | |
| META PLATFORMS, INC. | May 27, 2026 | A SHAREHOLDER PROPOSAL REGARDING REPORT ON CLIMATE CHANGE-RELATED COMMITMENTS. | Environment or Climate | Shareholder | Against | FOR | 3 |
| META PLATFORMS, INC. | May 27, 2026 | DIRECTOR: DANA WHITE | Director Elections | Board | WITHHOLD | 3 | |
| META PLATFORMS, INC. | May 27, 2026 | DIRECTOR: JOHN ELKANN | Director Elections | Board | WITHHOLD | 3 | |
| MICROSOFT CORPORATION | December 5, 2025 | ELECTION OF DIRECTOR: CHARLES W. SCHARF | Director Elections | Board | AGAINST | 3 | |
| MICROSOFT CORPORATION | December 5, 2025 | ELECTION OF DIRECTOR: JOHN W. STANTON | Director Elections | Board | AGAINST | 3 | |
| MICROSOFT CORPORATION | December 5, 2025 | ELECTION OF DIRECTOR: SANDRA E. PETERSON | Director Elections | Board | AGAINST | 3 | |
| MICROSOFT CORPORATION | December 5, 2025 | ELECTION OF DIRECTOR: TERI L. LIST | Director Elections | Board | AGAINST | 3 | |
| MICROSOFT CORPORATION | December 5, 2025 | RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT AUDITOR FOR FISCAL YEAR 2026 | Audit-related | Board | AGAINST | 3 | |
| MICROSOFT CORPORATION | December 5, 2025 | REPORT ON DATA OPERATIONS IN HUMAN RIGHTS HOTSPOTS | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 3 |
| MICROSOFT CORPORATION | December 5, 2025 | REPORT ON HUMAN RIGHTS DUE DILIGENCE | Human Rights or Human Capital/workforce | Shareholder | Against | FOR | 3 |
| MONSTER BEVERAGE CORPORATION | May 14, 2026 | ELECTION OF DIRECTOR: MARK S. VIDERGAUZ | Director Elections | Board | AGAINST | 3 | |
| MORGAN STANLEY | May 14, 2026 | ELECTION OF DIRECTOR: DENNIS M. NALLY | Director Elections | Board | AGAINST | 3 |
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Built October 18, 2026 from SEC Form N-PX filings.