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Horizon Funds 2025-2026: where it broke with the board

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

657 proposals.

Horizon Funds, 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 recommendedHorizon Funds votedFunds
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP April 28, 2026 Elect Eduardo Parente Menezes as Director Director Elections Board AGAINST 2
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP April 28, 2026 In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? Director Elections Board ABSTAIN 2
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP April 28, 2026 Percentage of Votes to Be Assigned - Elect Eduardo Parente Menezes as Director Director Elections Board ABSTAIN 2
Corpay, Inc. May 7, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board AGAINST 2
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Annabelle Bexiga Director Elections Board AGAINST 2
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Hala G. Moddelmog Director Elections Board AGAINST 2
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Joseph W. Farrelly Director Elections Board AGAINST 2
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Steven T. Stull Director Elections Board AGAINST 2
Corpay, Inc. May 7, 2026 Elect Directors nominated by the Board of Directors for a one-year term: Thomas M. Hagerty Director Elections Board AGAINST 2
Daiichi Life Group, Inc. June 22, 2026 Elect Director Inagaki, Seiji Director Elections Board AGAINST 2
Daiichi Life Group, Inc. June 22, 2026 Elect Director Kikuta, Tetsuya Director Elections Board AGAINST 2
Daiichi Life Group, Inc. June 22, 2026 Elect Director Sumino, Toshiaki Director Elections Board AGAINST 2
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 2
Dolby Laboratories, Inc. February 3, 2026 Election of Directors: Avadis Tevanian, Jr. Director Elections Board WITHHOLD 2
Dolby Laboratories, Inc. February 3, 2026 Election of Directors: David Dolby Director Elections Board WITHHOLD 2
Dolby Laboratories, Inc. February 3, 2026 Election of Directors: Peter Gotcher Director Elections Board WITHHOLD 2
Dolby Laboratories, Inc. February 3, 2026 Election of Directors: Simon Segars Director Elections Board WITHHOLD 2
DoorDash, Inc. June 10, 2026 The election of the following director nominee(s): Alfred Lin Director Elections Board AGAINST 2
DoorDash, Inc. June 10, 2026 The election of the following director nominee(s): Shona L. Brown Director Elections Board AGAINST 2
DoorDash, Inc. June 10, 2026 The election of the following director nominee(s): Stanley Tang Director Elections Board AGAINST 2
Enact Holdings, Inc. May 13, 2026 Election of Directors: Thomas J. McInerney Director Elections Board WITHHOLD 2
Eni SpA May 6, 2026 Approve 2026-2028 Long-Term Incentive Plan; Approve Disposal of Eni Treasury Shares to Serve the Plan Compensation Board AGAINST 2
Eni SpA May 6, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
Eni SpA May 6, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 2
Epiroc AB May 5, 2026 Reelect Fredric Stahl as Director Director Elections Board AGAINST 2
Epiroc AB May 5, 2026 Reelect Johan Forssell as Director Director Elections Board AGAINST 2
Epiroc AB May 5, 2026 Reelect Ronnie Leten as Board Chair Director Elections Board AGAINST 2
Epiroc AB May 5, 2026 Reelect Ronnie Leten as Director Director Elections Board AGAINST 2
Equinor ASA May 12, 2026 Approve Remuneration Statement Compensation Board AGAINST 2
Equinor ASA May 12, 2026 Authorize Share Repurchase Program in Connection With Employee Remuneration Programs Compensation Board AGAINST 2
Essex Property Trust, Inc. May 12, 2026 Election of Directors: Keith R. Guericke Director Elections Board AGAINST 2
Etsy, Inc. June 9, 2026 Approval of an amendment to our 2024 Equity Incentive Plan to increase the number of shares of our common stock available for issuance. Compensation Board AGAINST 2
Evercore Inc. June 10, 2026 Approval of the Fourth Amended and Restated 2016 Evercore Inc. Stock Incentive Plan. Compensation Board AGAINST 2
F5, Inc. March 12, 2026 Approve the F5, Inc. 2026 Incentive Award Plan. Compensation Board AGAINST 2
FirstCash Holdings, Inc. June 9, 2026 Approve the reincorporation of the Company to the State of Texas by conversion. Extraordinary Transactions Board AGAINST 2
FirstEnergy Corp. May 20, 2026 Election of Directors: Paul Kaleta Director Elections Board AGAINST 2
Franklin Resources, Inc. February 3, 2026 To approve an amendment and restatement of the Company's 2002 Universal Stock Incentive Plan, which includes increasing the number of shares of common stock, par value $0.10 per share, of the Company authorized for issuance under the USIP by an additional 25,000,000 shares. Compensation Board AGAINST 2
Genmab A/S March 19, 2026 Approve Remuneration of Directors in the Amount of DKK 1.2 Million for Chair, DKK 900,000 for Vice Chair, and DKK 600,000 for Other Directors; Approve Remuneration for Committee Work Compensation Board AGAINST 2
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 2
Globus Medical, Inc. June 3, 2026 Approval of an amendment to the Globus Medical, Inc. 2021 Equity Incentive Plan to increase the number of authorized shares thereunder by 1,000,000. Compensation Board AGAINST 2
Graham Holdings Company May 5, 2026 Election of Directors: Christopher C. Davis Director Elections Board AGAINST 2
Graham Holdings Company May 5, 2026 Election of Directors: Danielle Conley Director Elections Board AGAINST 2
Graham Holdings Company May 5, 2026 Election of Directors: Tony Allen Director Elections Board AGAINST 2
HCI Group, Inc. June 10, 2026 Approval, on an advisory basis, of the compensation of the named executive officers. Say-on-Pay Board AGAINST 2
HCI Group, Inc. June 10, 2026 To elect Directors: Anthony Saravanos Director Elections Board WITHHOLD 2
HCI Group, Inc. June 10, 2026 To elect Directors: Jay Madhu Director Elections Board WITHHOLD 2
Hewlett Packard Enterprise Company April 1, 2026 Advisory vote to approve the Hewlett Packard Enterprise Company's executive compensation Say-on-Pay Board AGAINST 2
Hewlett Packard Enterprise Company April 1, 2026 Approval of Amendment No. 5 to the Hewlett Packard Enterprise Company 2021 Stock Incentive Plan to increase the plan's shares available for issuance Compensation Board AGAINST 2
Hormel Foods Corporation January 27, 2026 Approve the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan. Compensation Board AGAINST 2
Imperial Oil Limited May 4, 2026 Elect Director Miranda C. Hubbs Director Elections Board AGAINST 2
Industrias Penoles SAB de CV April 27, 2026 Elect or Ratify Chair of Audit and Corporate Practices Committee Director Elections Board AGAINST 2
Industrias Penoles SAB de CV April 27, 2026 Elect or Ratify Directors; Verify Director's Independence Classification; Approve Their Respective Remuneration Director Elections Board AGAINST 2
Industrivarden AB April 13, 2026 Approve Remuneration Report Compensation Board AGAINST 2
Industrivarden AB April 13, 2026 Reelect Christian Caspar as Director Director Elections Board AGAINST 2
Industrivarden AB April 13, 2026 Reelect Fredrik Lundberg as Board Chair Director Elections Board AGAINST 2
Industrivarden AB April 13, 2026 Reelect Fredrik Lundberg as Director Director Elections Board AGAINST 2
Industrivarden AB April 13, 2026 Reelect Katarina Martinson as Director Director Elections Board AGAINST 2
Industrivarden AB April 13, 2026 Reelect Lars Pettersson as Director Director Elections Board AGAINST 2
Industrivarden AB April 13, 2026 Reelect Par Boman as Director Director Elections Board AGAINST 2
Investor AB May 7, 2026 Reelect Fred Wallenberg as Director Director Elections Board AGAINST 2
Investor AB May 7, 2026 Reelect Grace Reksten Skaugen as Director Director Elections Board AGAINST 2
Investor AB May 7, 2026 Reelect Hans Straberg as Director Director Elections Board AGAINST 2
Investor AB May 7, 2026 Reelect Jacob Wallenberg as Board Chair Director Elections Board AGAINST 2
Investor AB May 7, 2026 Reelect Jacob Wallenberg as Director Director Elections Board AGAINST 2
Investor AB May 7, 2026 Reelect Magdalena Gerger as Director Director Elections Board AGAINST 2
Investor AB May 7, 2026 Reelect Marcus Wallenberg as Director Director Elections Board AGAINST 2
Investor AB May 7, 2026 Reelect Mats Rahmstrom as Director Director Elections Board AGAINST 2
Ipsen SA May 13, 2026 Approve Remuneration Policy of CEO and Executive Corporate Officers Compensation Board AGAINST 2
Ipsen SA May 13, 2026 Authorize up to 3 Percent of Issued Capital for Use in Restricted Stock Plans Compensation Board AGAINST 2
Ipsen SA May 13, 2026 Ratify Appointment of Peter Guenter as Director Director Elections Board AGAINST 2
Ipsen SA May 13, 2026 Reelect HIGHROCK S.ar.l as Director Director Elections Board AGAINST 2
Israel Discount Bank Ltd. June 17, 2026 Elect Amalia Avramov as Director Director Elections Board ABSTAIN 2
Israel Discount Bank Ltd. June 17, 2026 Elect Ohad Marani as External Director Director Elections Board ABSTAIN 2
Israel Discount Bank Ltd. June 17, 2026 Elect Yaniv Garty as Director Director Elections Board ABSTAIN 2
KBC Group SA/NV May 7, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
KBC Group SA/NV May 7, 2026 Elect Elisa Vlerick as Director Director Elections Board AGAINST 2
KBC Group SA/NV May 7, 2026 Reelect Christine Van Rijsseghem as Director Director Elections Board AGAINST 2
KDDI Corp. June 17, 2026 Elect Director Takahashi, Makoto Director Elections Board AGAINST 2
KGHM Polska Miedz SA June 9, 2026 Approve Remuneration Report Compensation Board AGAINST 2
KGHM Polska Miedz SA June 9, 2026 Elect Supervisory Board Member Director Elections Board AGAINST 2
Kajima Corp. June 26, 2026 Elect Director and Audit Committee Member Omori, Eiji Director Elections Board AGAINST 2
Korea Electric Power Corp. May 21, 2026 Elect Kim Tae-ock as Inside Director to Serve as an Audit Committee Member Director Elections Board AGAINST 2
Korea Electric Power Corp. June 17, 2026 Elect Baek Woo-gi as Inside Director Director Elections Board AGAINST 2
Korea Electric Power Corp. June 17, 2026 Elect Jeon Chan-hyeok as Inside Director Director Elections Board AGAINST 2
Kuaishou Technology June 25, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Kuaishou Technology June 25, 2026 Approve PricewaterhouseCoopers as Auditor and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2
Kuaishou Technology June 25, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Lundin Gold Inc. May 8, 2026 Elect Director Ashley Heppenstall Director Elections Board AGAINST 2
MS&AD Insurance Group Holdings, Inc. June 22, 2026 Elect Director Funabiki, Shinichiro Director Elections Board AGAINST 2
MS&AD Insurance Group Holdings, Inc. June 22, 2026 Elect Director Hara, Noriyuki Director Elections Board AGAINST 2
MS&AD Insurance Group Holdings, Inc. June 22, 2026 Elect Director Kanasugi, Yasuzo Director Elections Board AGAINST 2
MS&AD Insurance Group Holdings, Inc. June 22, 2026 Elect Director Niiro, Keisuke Director Elections Board AGAINST 2
Murata Manufacturing Co. Ltd. June 29, 2026 Elect Director and Audit Committee Member Enomoto, Seiichi Director Elections Board AGAINST 2
NEXON Co., Ltd. March 25, 2026 Approve Deep Discount Stock Option Plan Compensation Board AGAINST 2
NEXON Co., Ltd. March 25, 2026 Elect Director and Audit Committee Member Hanmin Cho Director Elections Board AGAINST 2
NEXON Co., Ltd. March 25, 2026 Elect Director and Audit Committee Member Kuniya, Shiro Director Elections Board AGAINST 2
NetApp, Inc. September 10, 2025 To approve an amendment to NetApp's 2021 Equity Incentive Plan. Compensation Board AGAINST 2
Novonesis (Novozymes A/S) March 23, 2026 Reelect Kasim Kutay Lane as Director Director Elections Board ABSTAIN 2
ORLEN SA June 9, 2026 Approve Remuneration Report Compensation Board AGAINST 2
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 2

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