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Delaware/Macquarie 2025-2026: where it broke with the board

689 proposals in the 2025-2026 proxy season: Delaware/Macquarie voted against, or withheld its votes from, 666 proposals put forward by company boards, and voted for 23 shareholder proposals, by its own Form N-PX filings.

Two kinds of vote are listed: a board-sponsored proposal Delaware/Macquarie 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

689 proposals.

Delaware/Macquarie, 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 recommendedDelaware/Macquarie votedFunds
Aurobindo Pharma Limited September 10, 2025 Reelect Satakarni Makkapati as Director Director Elections Board AGAINST 1
Autodesk, Inc. June 17, 2026 Election of Directors: John T. Cahill Director Elections Board AGAINST 1
Autodesk, Inc. June 17, 2026 Election of Directors: Stacy J. Smith Director Elections Board AGAINST 1
BJ's Wholesale Club Holdings, Inc. June 18, 2026 Vote on a shareholder proposal regarding a report on deforestation in the company's own-brand supply chain, if properly presented at the meeting. Environment or Climate Shareholder Against FOR 1
BJ's Wholesale Club Holdings, Inc. June 18, 2026 Vote on a shareholder proposal regarding a report on greenhouse gas emissions reduction efforts, if properly presented at the meeting. Environment or Climate Shareholder Against FOR 1
Bio-Techne Corporation October 30, 2025 Approve, on an advisory basis, the compensation of our executive officers. Say-on-Pay Board AGAINST 1
BioMarin Pharmaceutical Inc. June 2, 2026 Election of Directors: Ian T. Clark Director Elections Board AGAINST 1
BioNTech SE May 15, 2026 Approve Remuneration Report Compensation Board AGAINST 1
BioNTech SE May 15, 2026 Elect Iris Loew-Friedrich to the Supervisory Board Director Elections Board AGAINST 1
BorgWarner Inc. April 29, 2026 Election of Directors: Alexis P. Michas Director Elections Board AGAINST 1
Boston Scientific Corporation April 30, 2026 Proposal to elect ten Directors: David C. Habiger Director Elections Board AGAINST 1
BridgeBio Pharma, Inc. June 22, 2026 To approve an amendment and restatement of the 2021 Amended and Restated BridgeBio Pharma, Inc. Stock Option and Incentive Plan to increase the number of shares of common stock reserved for issuance thereunder by 2,000,000 shares. Compensation Board AGAINST 1
Broadcom Inc. April 20, 2026 Election of Directors: Harry L. You Director Elections Board AGAINST 1
Bunge Global SA May 20, 2026 Election of Directors: Markus Walt Director Elections Board AGAINST 1
Bunge Global SA May 20, 2026 Reelection of Four Members of the Human Resources and Compensation Committee: Markus Walt Director Elections Board AGAINST 1
CK Asset Holdings Limited May 21, 2026 Approve Deloitte Touche Tohmatsu as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
CLP Holdings Limited May 8, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
Calix, Inc. May 14, 2026 To approve 672,300 shares of common stock reserved for issuance for the matching component of the Calix, Inc. Stock Purchase and Matching Plan. Compensation Board AGAINST 1
Catena AB April 23, 2026 Approve Remuneration Report Compensation Board AGAINST 1
Catena AB April 23, 2026 Reelect Katarina Wallin as Director Director Elections Board AGAINST 1
Catena AB April 23, 2026 Reelect Lennart Mauritzson as Board Chair Director Elections Board AGAINST 1
Catena AB April 23, 2026 Reelect Lennart Mauritzson as Director Director Elections Board AGAINST 1
Cellectis SA June 25, 2026 Reelect Jean-Pierre Garnier as Director Director Elections Board AGAINST 1
Cellectis SA June 25, 2026 Reelect Laurent Arthaud as Director Director Elections Board AGAINST 1
Cellectis SA June 25, 2026 Reelect Rainer Boehm as Director Director Elections Board AGAINST 1
Cellnex Telecom SA April 29, 2026 Elect Cynthia Gordon as Director Director Elections Board AGAINST 1
Centrais Eletricas Brasileiras SA April 15, 2026 Approve Performance Share Plan Compensation Board AGAINST 1
China Gas Holdings Limited August 21, 2025 Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
China Gas Holdings Limited August 21, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
China Gas Holdings Limited August 21, 2025 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
China Gas Holdings Limited August 21, 2025 Elect Chen Yanyan as Director Director Elections Board AGAINST 1
China Gas Holdings Limited August 21, 2025 Elect Mao Erwan as Director Director Elections Board AGAINST 1
China Gas Holdings Limited August 21, 2025 Elect Zhu Weiwei as Director Director Elections Board AGAINST 1
China Gas Holdings Limited June 24, 2026 Adopt 2026 Share Award Scheme Compensation Board AGAINST 1
China Gas Holdings Limited June 24, 2026 Approve Grant of Award Shares to Huang Yong Compensation Board AGAINST 1
China Gas Holdings Limited June 24, 2026 Approve Grant of Award Shares to Liu Chang Compensation Board AGAINST 1
China Gas Holdings Limited June 24, 2026 Approve Grant of Award Shares to Liu Ming Hui Compensation Board AGAINST 1
China Gas Holdings Limited June 24, 2026 Approve Grant of Award Shares to Liu Mingxing Compensation Board AGAINST 1
China Gas Holdings Limited June 24, 2026 Approve Grant of Award Shares to Zhu Weiwei Compensation Board AGAINST 1
China Gas Holdings Limited June 24, 2026 Approve Scheme Mandate Limit Compensation Board AGAINST 1
China Gas Holdings Limited June 24, 2026 Approve Service Provider Sub-limit Compensation Board AGAINST 1
China Gas Holdings Limited June 24, 2026 Authorize Any Director to Handle All Matters in Relation to the Director Conditional Grants Compensation Board AGAINST 1
China Petroleum & Chemical Corp. May 13, 2026 Approve Grant of General Mandate to the Board to Issue New Domestic Shares and/or Overseas-Listed Foreign Shares Capital Structure Board AGAINST 1
China Tower Corporation Limited May 15, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Domestic Shares and H Shares and Authorize Board to Increase the Registered Capital and Amend Articles of Association Capital Structure Board AGAINST 1
Chugai Pharmaceutical Co., Ltd. March 26, 2026 Elect Director Okuda, Osamu Director Elections Board AGAINST 1
Cogent Biosciences, Inc. June 9, 2026 Election of the three Class II director nominees to serve until the 2029 Annual Meeting of Stockholders and until their successors are duly elected and qualified: Dr. Chris Cain Director Elections Board WITHHOLD 1
Coherus Oncology, Inc. May 29, 2026 To approve a reduction in the exercise price of certain outstanding stock options. Compensation Board AGAINST 1
Coherus Oncology, Inc. May 29, 2026 To approve an increase in the number of shares of our common stock reserved for issuance under the Amended and Restated 2014 Equity Incentive Award Plan. Compensation Board AGAINST 1
Compania Cervecerias Unidas SA April 15, 2026 Elect Directors Director Elections Board WITHHOLD 1
Construction Partners, Inc. March 24, 2026 Proposal to elect two Class II directors to serve for a three-year term expiring at the 2029 annual meeting of stockholders: Craig Jennings Director Elections Board WITHHOLD 1
Core Natural Resources, Inc. April 30, 2026 Election of Directors: Richard A. Navarre Director Elections Board WITHHOLD 1
Corteva, Inc. April 28, 2026 Election of the 12 directors named in the Proxy Statement: Gregory R. Page Director Elections Board AGAINST 1
Corteva, Inc. April 28, 2026 Election of the 12 directors named in the Proxy Statement: Marcos M. Lutz Director Elections Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Approve Remuneration Policy Compensation Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Authorize Board to Exclude Preemptive Rights from Share Issuances Under the Authorizations Mentioned in Proposal 13 Capital Structure Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Grant Board Authority to Issue Shares Up To 10 Percent of Issued Capital Plus Additional 10 Percent in Case of Takeover/Merger Capital Structure Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Grant Board Authority to Issue Shares Up To 10 Percent of Issued Capital for the Employee Stock Ownership Plan Capital Structure Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Reelect Alessandro Della Cha as Non-Executive Director Director Elections Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Reelect John O'Dea as Non-Executive Director Director Elections Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Reelect Maria Grazia Roncarolo as Non-Executive Director Director Elections Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Reelect Mauro Severino Ajani as Non-Executive Director Director Elections Board AGAINST 1
Cosmo Pharmaceuticals NV April 10, 2026 Reelect Silvana Perretta as Non-Executive Director Director Elections Board AGAINST 1
Crown Castle Inc. May 20, 2026 Election of Directors: Kevin T. Kabat Director Elections Board AGAINST 1
Crown Holdings, Inc. April 30, 2026 Election of directors: Richard H. Fearon Director Elections Board WITHHOLD 1
Curtiss-Wright Corporation May 7, 2026 Election of Directors: Peter C. Wallace Director Elections Board WITHHOLD 1
Delta Air Lines, Inc. June 18, 2026 Election of Nominees for Director: Sergio A. L. Rial Director Elections Board AGAINST 1
Dynatrace, Inc. August 20, 2025 Election of Class II Directors: Amol Kulkarni Director Elections Board AGAINST 1
ENAV SpA May 14, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 1
ESCO Technologies Inc. January 30, 2026 Election of Directors: Robert J. Phillippy Director Elections Board WITHHOLD 1
EUROAPI SA May 27, 2026 Approve Compensation of David Seignolle, CEO Compensation Board AGAINST 1
EUROAPI SA May 27, 2026 Authorize up to 3.6 Percent of Issued Capital for Use in Restricted Stock Plans Compensation Board AGAINST 1
Elevance Health, Inc. May 13, 2026 Shareholder Proposal Requesting an Independent Study on the Impact of Prohibiting Corporate Contributions to Partisan 527 Tax-Exempt Political Groups. Other Social Issues Shareholder Against FOR 1
Eli Lilly and Company May 4, 2026 Shareholder proposal to prepare an annual lobbying report. Other Social Issues Shareholder Against FOR 1
Essential Utilities, Inc. February 10, 2026 Merger-Related Compensation Proposal: Approval, on a non-binding advisory basis, of the compensation that may be paid or become payable to the named executive officers of Essential Utilities, Inc. in connection with the transactions contemplated by the Merger Agreement. Say-on-Pay Board AGAINST 1
Essential Utilities, Inc. February 10, 2026 The Merger Agreement Proposal: Approval of the Agreement and Plan of Merger, dated as of October 26, 2025, by and among American Water Works Company, Inc., Alpha Meger Sub, Inc. and Essential Utilities, Inc., as may be amended, restated, or otherwise modified from time to time (the "Merger Agreement"), and the transactions contemplated thereby, including the merger. Extraordinary Transactions Board AGAINST 1
Essential Utilities, Inc. April 29, 2026 To elect seven nominees for directors: W. Bryan Lewis Director Elections Board WITHHOLD 1
Essex Property Trust, Inc. May 12, 2026 Election of Directors: Keith R. Guericke Director Elections Board AGAINST 1
FIT Hon Teng Limited May 26, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 1
FIT Hon Teng Limited May 26, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 1
FIT Hon Teng Limited May 26, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 1
FIT Hon Teng Limited May 26, 2026 Elect Chan Wing Yuen Hubert as Director Director Elections Board AGAINST 1
FIT Hon Teng Limited May 26, 2026 Elect Huang Pi-Chun as Director Director Elections Board AGAINST 1
Fastighets AB Balder May 8, 2026 Elect Erik Selin as Board Chair Director Elections Board AGAINST 1
Fastighets AB Balder May 8, 2026 Reelect Anders Wennergren as Director Director Elections Board AGAINST 1
Fastighets AB Balder May 8, 2026 Reelect Erik Selin as Director Director Elections Board AGAINST 1
Fastighets AB Balder May 8, 2026 Reelect Fredrik Svensson as Director Director Elections Board AGAINST 1
Fastighets AB Balder May 8, 2026 Reelect Sten Duner as Director Director Elections Board AGAINST 1
Ferrari NV April 15, 2026 Reelect John Elkann as Executive Director Director Elections Board AGAINST 1
Ferrari NV April 15, 2026 Reelect Piero Ferrari as Non-Executive Director Director Elections Board AGAINST 1
First Bancorp April 28, 2026 Election of Directors: James C. Crawford, III Director Elections Board WITHHOLD 1
First Industrial Realty Trust, Inc. April 30, 2026 Election of six directors: H. Patrick Hackett, Jr. Director Elections Board AGAINST 1
First Industrial Realty Trust, Inc. April 30, 2026 Election of six directors: Matthew S. Dominski Director Elections Board AGAINST 1
Fortress Biotech, Inc. June 17, 2026 Election of Directors: J. Jay Lobell Director Elections Board AGAINST 1
Fortress Biotech, Inc. June 17, 2026 Election of Directors: Michael S. Weiss Director Elections Board AGAINST 1
G Mining Ventures Corp. June 26, 2026 Re-approve Omnibus Equity Incentive Plan Compensation Board AGAINST 1
GRAIL, Inc. June 18, 2026 Election of Class II Directors to serve until the 2029 Annual Meeting of Stockholders, and until their respective successor has been duly elected and qualified: Sarah Krevans Director Elections Board WITHHOLD 1
Galmed Pharmaceuticals Ltd. October 29, 2025 Approve Framework for Future Performance-Based Annual Bonuses for President and CEO Compensation Board AGAINST 1
Galmed Pharmaceuticals Ltd. October 29, 2025 Approve Grant of Equity to Company's Executive Officers and Directors, Including the CEO Compensation Board AGAINST 1
Global Payments Inc. April 30, 2026 Approval, on an advisory basis, of the compensation of the company's named executive officers for 2025. Say-on-Pay Board AGAINST 1
Goodman Group November 11, 2025 Approve the Spill Resolution Compensation Board AGAINST 1

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