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Fidelity 2025-2026: where it broke with the board

Two kinds of vote are listed: a board-sponsored proposal Fidelity 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

6,052 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.

Fidelity, 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 recommendedFidelity votedFunds
Meta Platforms, Inc. May 27, 2026 Election of Directors: Dana White Director Elections Board WITHHOLD 116
Meta Platforms, Inc. May 27, 2026 Election of Directors: John Elkann Director Elections Board WITHHOLD 116
Amazon.com, Inc. May 20, 2026 SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL REPORTING ON IMPACT OF DATA CENTERS ON CLIMATE COMMITMENTS Environment or Climate Shareholder Against FOR 96
Alphabet Inc. June 5, 2026 Election of ten directors: L. John Doerr Director Elections Board AGAINST 95
Alphabet Inc. June 5, 2026 Shareholder proposal regarding an enhanced disclosure on climate goals Environment or Climate Shareholder Against FOR 95
Meta Platforms, Inc. May 27, 2026 A shareholder proposal regarding report on climate change-related commitments. Environment or Climate Shareholder Against FOR 90
Exxon Mobil Corporation May 27, 2026 Texas Redomiciliation Extraordinary Transactions Board AGAINST 83
Welltower Inc. May 21, 2026 The approval, on an advisory basis, of the compensation of the named executive officers. Say-on-Pay Board AGAINST 82
Broadcom Inc. April 20, 2026 Election of Directors: Harry L. You Director Elections Board AGAINST 80
Somnigroup International, Inc. May 13, 2026 APPROVAL OF AN AMENDMENT TO THE COMPANY'S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 500,000,000 TO 1,000,000,000. Capital Structure Board AGAINST 77
Tesla, Inc. November 6, 2025 A Tesla proposal for a non-binding advisory vote approving 2024 executive compensation. Say-on-Pay Board AGAINST 65
Spotify Technology SA December 10, 2025 Elect Alex Norstrom as Director Director Elections Board AGAINST 64
Spotify Technology SA December 10, 2025 Elect Gustav Soderstrom as Director Director Elections Board AGAINST 64
Tesla, Inc. November 6, 2025 A Tesla proposal to elect three Class III directors to serve for a term of three years, or until their respective successors are duly elected and qualified: Ira Ehrenpreis Director Elections Board AGAINST 60
James Hardie Industries Plc October 29, 2025 Elect Rada Rodriguez as Director Director Elections Board AGAINST 55
Welltower Inc. May 21, 2026 Election of Directors: Ade J. Patton Director Elections Board AGAINST 55
Welltower Inc. May 21, 2026 Election of Directors: Johnese M. Spisso Director Elections Board AGAINST 55
Welltower Inc. May 21, 2026 Election of Directors: Kathryn M. Sullivan Director Elections Board AGAINST 55
Welltower Inc. May 21, 2026 Election of Directors: Sergio D. Rivera Director Elections Board AGAINST 55
Warner Bros. Discovery, Inc. April 23, 2026 To approve, on an advisory (nonbinding) basis, the compensation that may be paid or become payable to WBD's named executive officers that is based on or otherwise relates to the Merger. Say-on-Pay Board AGAINST 52
Warner Bros. Discovery, Inc. June 9, 2026 To vote on an advisory resolution to approve the 2025 compensation of Warner Bros. Discovery, Inc.'s named executive officers, commonly referred to as a "Say-on-Pay" vote. Say-on-Pay Board AGAINST 52
Albertsons Companies, Inc. August 7, 2025 Election of Directors: Brian Kevin Turner Director Elections Board AGAINST 50
Blue Owl Capital Inc. June 4, 2026 Election of Directors: Claudia Holz Director Elections Board AGAINST 50
Dell Technologies Inc. June 25, 2026 Approval of the Redomestication Proposal providing for the redomestication of Dell Technologies Inc. from Delaware to Texas by conversion as disclosed in the proxy statement Extraordinary Transactions Board AGAINST 50
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 50
Tencent Holdings Limited May 13, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 50
The Coca-Cola Company April 29, 2026 Vote on a shareowner proposal requesting a report on the extent of the Company's diversity, equity and inclusion efforts Diversity, Equity, and Inclusion Shareholder Against FOR 49
Antofagasta Plc May 7, 2026 Re-elect Jean-Paul Luksic as Director Director Elections Board AGAINST 48
Blue Owl Capital Inc. June 4, 2026 Election of Directors: Marc S. Lipschultz Director Elections Board AGAINST 48
Blue Owl Capital Inc. June 4, 2026 Election of Directors: Michael D. Rees Director Elections Board AGAINST 48
Sanmina Corporation March 9, 2026 To elect eight directors of Sanmina Corporation: Mythili Sankaran Director Elections Board AGAINST 48
BYD Company Limited June 9, 2026 Approve General and Unconditional Mandate to the Board of Directors of BYD Electronic (International) Company Limited to Allot, Issue and Deal with New Shares of BYD Electronic Capital Structure Board AGAINST 47
BYD Company Limited June 9, 2026 Approve Grant to the Board a General Mandate to Allot, Issue and Deal with Additional H Shares in the Capital of the Company Capital Structure Board AGAINST 47
Cloudflare, Inc. June 30, 2026 Approval and adoption of amendments to implement a stock split in which (i) each share of Class A common stock would become one share of Class A common stock and one share of Class C common stock; and (ii) each share of Class B common stock would become one share of Class B common stock and one share of Class C common stock. Capital Structure Board AGAINST 47
Cloudflare, Inc. June 30, 2026 Approval and adoption of amendments to increase the number of authorized shares of Class A common stock from 2,250,000,000 to 4,500,000,000. Capital Structure Board AGAINST 47
Cloudflare, Inc. June 30, 2026 Approval and adoption of amendments to provide for the equal treatment of shares of Class A common stock, Class B common stock, and Class C common stock in connection with dividends and distributions, certain transactions, and upon our liquidation, dissolution, or winding up. Capital Structure Board AGAINST 47
Cloudflare, Inc. June 30, 2026 Approval and adoption of an amendment and restatement of our amended and restated certificate of incorporation: Approval and adoption of amendments to establish the Class C common stock. Capital Structure Board AGAINST 47
Cloudflare, Inc. June 30, 2026 Approval of the amendment and restatement of our 2019 Equity Incentive Plan. Compensation Board AGAINST 47
Cloudflare, Inc. June 30, 2026 Approval of the amendment and restatement of our Amended and Restated 2019 Employee Stock Purchase Plan. Compensation Board AGAINST 47
Expedia Group, Inc. June 17, 2026 Election of Directors: Alexandr Wang Director Elections Board WITHHOLD 47
Caris Life Sciences, Inc. June 4, 2026 Election of Directors: Brian J. Brille Director Elections Board WITHHOLD 46
Caris Life Sciences, Inc. June 4, 2026 Election of Directors: David Dean Halbert Director Elections Board WITHHOLD 46
Caris Life Sciences, Inc. June 4, 2026 Election of Directors: Jon S. Halbert Director Elections Board WITHHOLD 46
Rush Enterprises, Inc. May 19, 2026 Election of Directors: Elaine Mendoza Director Elections Board WITHHOLD 45
Datadog, Inc. April 21, 2026 To approve the redomiciliation of the Company from the State of Delaware to the State of Nevada by conversion. Extraordinary Transactions Board AGAINST 44
Target Corporation June 10, 2026 Election of Directors: Brian C. Cornell Director Elections Board AGAINST 44
Target Corporation June 10, 2026 Election of Directors: Christine A. Leahy Director Elections Board AGAINST 44
Target Corporation June 10, 2026 Shareholder proposal requesting a report on reducing plastic microfiber shedding. Environment or Climate Shareholder Against FOR 44
Coinbase Global, Inc. June 16, 2026 Election of Directors: Gokul Rajaram Director Elections Board WITHHOLD 41
Public Storage May 6, 2026 Election of Trustees: Shankh S. Mitra Director Elections Board AGAINST 41
The Estee Lauder Companies Inc. November 13, 2025 Election of five (5) Class II Directors: William P. Lauder Director Elections Board WITHHOLD 40
The Home Depot, Inc. May 21, 2026 Shareholder Proposal Regarding Report on Packaging Policies for Plastics Environment or Climate Shareholder Against FOR 40
The Estee Lauder Companies Inc. November 13, 2025 Election of one (1) Class I Director: Eric L. Zinterhofer Director Elections Board WITHHOLD 39
Wayfair Inc. May 21, 2026 A non-binding advisory resolution to approve executive compensation. Say-on-Pay Board AGAINST 39
Comerica Incorporated January 6, 2026 Proposal to approve, on an advisory (non-binding) basis, the merger-related compensation payments that will or may be paid to Comerica's named executive officers in connection with the first merger. Say-on-Pay Board AGAINST 38
FirstCash Holdings, Inc. June 9, 2026 Approve the reincorporation of the Company to the State of Texas by conversion. Extraordinary Transactions Board AGAINST 38
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 38
PDD Holdings Inc. December 19, 2025 Elect Director Haifeng Lin Director Elections Board AGAINST 38
PDD Holdings Inc. December 19, 2025 Elect Director Jiazhen Zhao Director Elections Board AGAINST 38
PDD Holdings Inc. December 19, 2025 Elect Director Lei Chen Director Elections Board AGAINST 38
Caris Life Sciences, Inc. June 4, 2026 Election of Directors: Danny Phillips Director Elections Board WITHHOLD 37
Caris Life Sciences, Inc. June 4, 2026 Election of Directors: David Frederickson Director Elections Board WITHHOLD 37
Caris Life Sciences, Inc. June 4, 2026 Election of Directors: Jeffrey Vacirca, M.D. Director Elections Board WITHHOLD 37
Caris Life Sciences, Inc. June 4, 2026 Election of Directors: Joseph E. Gilliam Director Elections Board WITHHOLD 37
Caris Life Sciences, Inc. June 4, 2026 Election of Directors: Laura I. Johansen Director Elections Board WITHHOLD 37
Caris Life Sciences, Inc. June 4, 2026 Election of Directors: Lloyd B. Minor, M.D. Director Elections Board WITHHOLD 37
Caris Life Sciences, Inc. June 4, 2026 Election of Directors: Peter M. Castleman Director Elections Board WITHHOLD 37
GPGI, Inc. June 4, 2026 To approve the reincorporation of GPGI, Inc. from the State of Delaware to the State of Nevada by conversion (the "Nevada Reincorporation"), and to adopt the resolutions of GPGI, Inc.'s Board of Directors approving the Nevada Reincorporation (the "Nevada Reincorporation Proposal"). Extraordinary Transactions Board AGAINST 37
James Hardie Industries Plc October 29, 2025 Approve the Remuneration Report Compensation Board AGAINST 37
James Hardie Industries Plc October 29, 2025 Elect Anne Lloyd as Director Director Elections Board AGAINST 37
James Hardie Industries Plc October 29, 2025 Elect Peter John Davis as Director Director Elections Board AGAINST 37
Service Corporation International May 6, 2026 Election of Directors: Marcus A. Watts Director Elections Board AGAINST 37
Synovus Financial Corp. November 6, 2025 To approve, on an advisory (non-binding) basis, the merger-related compensation payments that will or may be paid to Synovus' named executive officers in connection with the merger. Say-on-Pay Board AGAINST 37
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 36
Cadence Design Systems, Inc. May 7, 2026 ELECTION OF DIRECTORS: Alberto Sangiovanni-Vincentelli Director Elections Board AGAINST 36
Carvana Co. May 5, 2026 To approve the Carvana Co. 2026 Omnibus Incentive Plan. Compensation Board AGAINST 36
James Hardie Industries Plc October 29, 2025 Elect Howard Heckes as Director Director Elections Board AGAINST 36
Reliance Industries Ltd. August 29, 2025 Elect Isha M. Ambani as Director Director Elections Board AGAINST 36
T-Mobile US, Inc. June 16, 2026 Election of Directors: Christian P. Illek Director Elections Board WITHHOLD 36
T-Mobile US, Inc. June 16, 2026 Election of Directors: Dominique Leroy Director Elections Board WITHHOLD 36
T-Mobile US, Inc. June 16, 2026 Election of Directors: Marcelo Claure Director Elections Board WITHHOLD 36
T-Mobile US, Inc. June 16, 2026 Election of Directors: Raphael Kubler Director Elections Board WITHHOLD 36
Tencent Holdings Limited May 13, 2026 Elect Ian Charles Stone as Director Director Elections Board AGAINST 36
Zijin Mining Group Co., Ltd. June 5, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for A Shares and/or H Shares Capital Structure Board AGAINST 36
BrightSpring Health Services, Inc. May 21, 2026 Election of Class II directors: Max Lin Director Elections Board WITHHOLD 35
Exact Sciences Corporation February 20, 2026 Proposal to approve, on an advisory (nonbinding) basis, the compensation that may be paid or become payable to Exact Sciences Corporation's named executive officers that is based on or otherwise related to the Merger Agreement and the transactions contemplated by the Merger Agreement (the "Compensation Proposal"). Say-on-Pay Board AGAINST 35
Orange SA May 19, 2026 Dismiss Pierre Chaussoneaux as Representative of Employees to the Board to Comply with Legal Changes Re: Gender Parity on the Board of Directors Director Elections Board AGAINST 35
Orange SA May 19, 2026 Dismiss Vincent Gimeno as Representative of Employees to the Board to Comply with Legal Changes Re: Gender Parity on the Board of Directors Director Elections Board AGAINST 35
T-Mobile US, Inc. June 16, 2026 Election of Directors: G. Michael Sievert Director Elections Board WITHHOLD 35
T-Mobile US, Inc. June 16, 2026 Election of Directors: James J. Kavanaugh Director Elections Board WITHHOLD 35
T-Mobile US, Inc. June 16, 2026 Election of Directors: Srinivasan Gopalan Director Elections Board WITHHOLD 35
T-Mobile US, Inc. June 16, 2026 Election of Directors: Thomas Dannenfeldt Director Elections Board WITHHOLD 35
T-Mobile US, Inc. June 16, 2026 Election of Directors: Thorsten Langheim Director Elections Board WITHHOLD 35
T-Mobile US, Inc. June 16, 2026 Election of Directors: Timotheus Hottges Director Elections Board WITHHOLD 35
Tencent Holdings Limited May 13, 2026 Authorize Board to Fix Remuneration of Directors Compensation Board AGAINST 35
The Trade Desk, Inc. May 4, 2026 The approval, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board AGAINST 35
Wayfair Inc. May 21, 2026 Election of Nine Directors: Michael Kumin Director Elections Board ABSTAIN 35
Wayfair Inc. May 21, 2026 To approve Amendment No. 1 to the Wayfair Inc. 2023 Incentive Award Plan. Compensation Board AGAINST 35
Zijin Mining Group Co., Ltd. June 5, 2026 Approve General Mandate to Issue Debt Financing Instruments Capital Structure Board AGAINST 35
KBC Group SA/NV May 7, 2026 Elect Elisa Vlerick as Director Director Elections Board AGAINST 34

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Built October 18, 2026 from SEC Form N-PX filings.