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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
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 2
Otsuka Holdings Co., Ltd. March 27, 2026 Appoint Statutory Auditor Sugawara, Hiroshi Compensation Board AGAINST 2
PT Telkom Indonesia (Persero) Tbk June 8, 2026 Approve Changes in the Boards of the Company Director Elections Board AGAINST 2
PayPal Holdings, Inc. May 19, 2026 Approval of the PayPal Holdings, Inc. 2026 Equity Incentive Award Plan. Compensation Board AGAINST 2
Permian Resources Corporation May 19, 2026 To approve the First Amendment to the Permian Resources Corporation 2023 Long Term Incentive Plan. Compensation Board AGAINST 2
PetroChina Company Limited June 9, 2026 Elect Zhang Yuxin as Director Director Elections Board AGAINST 2
Power Corporation of Canada May 13, 2026 Elect Director Andre Desmarais Director Elections Board AGAINST 2
Power Corporation of Canada May 13, 2026 Elect Director Paul Desmarais, Jr. Director Elections Board AGAINST 2
RenaissanceRe Holdings Ltd. May 5, 2026 To approve the RenaissanceRe Holdings Ltd. 2026 Long-Term Incentive Plan. Compensation Board AGAINST 2
Rush Enterprises, Inc. May 19, 2026 Election of Directors: Dr. Kennon H. Guglielmo Director Elections Board WITHHOLD 2
Rush Enterprises, Inc. May 19, 2026 Election of Directors: Elaine Mendoza Director Elections Board WITHHOLD 2
Rush Enterprises, Inc. May 19, 2026 Election of Directors: Raymond J. Chess Director Elections Board WITHHOLD 2
Rush Enterprises, Inc. May 19, 2026 Election of Directors: Troy A. Clarke Director Elections Board WITHHOLD 2
Sandvik Aktiebolag April 28, 2026 Approve Performance Share Matching Plan LTI 2026 for Key Employees Compensation Board AGAINST 2
Sanmina Corporation March 9, 2026 To elect eight directors of Sanmina Corporation: Mythili Sankaran Director Elections Board AGAINST 2
SkyWest, Inc. May 5, 2026 A shareholder proposal regarding collective bargaining policy. Human Rights or Human Capital/workforce Shareholder Against FOR 2
Skyworks Solutions, Inc. May 13, 2026 To approve the Company's 2026 Long-Term Incentive Plan. Compensation Board AGAINST 2
Skyworks Solutions, Inc. May 13, 2026 To approve, on an advisory basis, the compensation of the Company's named executive officers, as described in the Company's Proxy Statement. Say-on-Pay Board AGAINST 2
Smith & Nephew plc May 6, 2026 Approve Performance Share Plan Compensation Board AGAINST 2
Smith & Nephew plc May 6, 2026 Approve Remuneration Policy Compensation Board AGAINST 2
Sompo Holdings, Inc. June 22, 2026 Elect Director Higashi, Kazuhiro Director Elections Board AGAINST 2
Sompo Holdings, Inc. June 22, 2026 Elect Director Okumura, Mikio Director Elections Board AGAINST 2
Standard Bank Group Ltd. June 8, 2026 Re-elect Sola David-Borha as Member of the Audit Committee Director Elections Board AGAINST 2
Sumitomo Mitsui Trust Group, Inc. June 19, 2026 Elect Director Oyama, Kazuya Director Elections Board AGAINST 2
Sumitomo Mitsui Trust Group, Inc. June 19, 2026 Elect Director Takakura, Toru Director Elections Board AGAINST 2
Super Micro Computer, Inc. April 15, 2026 To approve the further amendment and restatement of the Super Micro Computer, Inc. 2020 Equity and Incentive Compensation Plan. Compensation Board AGAINST 2
Super Micro Computer, Inc. April 15, 2026 To elect three Class I directors to hold office until the Annual Meeting of Stockholders following fiscal year 2028 or until the successors are duly elected and qualified: Charles Liang Director Elections Board WITHHOLD 2
Svenska Handelsbanken AB March 25, 2026 Reelect Fredrik Lundberg as Director Director Elections Board AGAINST 2
Svenska Handelsbanken AB March 25, 2026 Reelect Ulf Riese as Director Director Elections Board AGAINST 2
TKO Group Holdings, Inc. June 10, 2026 Election of Directors: Ariel Emanuel Director Elections Board WITHHOLD 2
TKO Group Holdings, Inc. June 10, 2026 Election of Directors: Dwayne Johnson Director Elections Board WITHHOLD 2
TKO Group Holdings, Inc. June 10, 2026 Election of Directors: Mark Shapiro Director Elections Board WITHHOLD 2
TKO Group Holdings, Inc. June 10, 2026 Election of Directors: Nick Khan Director Elections Board WITHHOLD 2
TKO Group Holdings, Inc. June 10, 2026 Election of Directors: Peter C.B. Bynoe Director Elections Board WITHHOLD 2
TKO Group Holdings, Inc. June 10, 2026 Election of Directors: Sonya E. Medina Director Elections Board WITHHOLD 2
TKO Group Holdings, Inc. June 10, 2026 Election of Directors: Steven R. Koonin Director Elections Board WITHHOLD 2
Take-Two Interactive Software, Inc. September 18, 2025 Approval of an amendment and restatement of the Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan. Compensation Board AGAINST 2
Tele2 AB May 18, 2026 Elect Thomas Kienzi as New Director Director Elections Board AGAINST 2
Tele2 AB May 18, 2026 Reelect Aude Durand as Director Director Elections Board AGAINST 2
Tele2 AB May 18, 2026 Reelect Thomas Reynaud as Board Chair Director Elections Board AGAINST 2
Tele2 AB May 18, 2026 Reelect Thomas Reynaud as Director Director Elections Board AGAINST 2
Telefonaktiebolaget LM Ericsson March 31, 2026 Approve Remuneration of Directors in the Amount of SEK 5.2 Million for Chair and SEK 1.4 Million for Other Directors; Approve Remuneration for Committee Work Compensation Board AGAINST 2
Telefonaktiebolaget LM Ericsson March 31, 2026 Reelect Christian Cederholm as Director Director Elections Board AGAINST 2
Telefonaktiebolaget LM Ericsson March 31, 2026 Reelect Jacob Wallenberg as Director Director Elections Board AGAINST 2
Telefonaktiebolaget LM Ericsson March 31, 2026 Reelect Jan Carlson as Board Chair Director Elections Board AGAINST 2
Telefonaktiebolaget LM Ericsson March 31, 2026 Reelect Jan Carlson as Director Director Elections Board AGAINST 2
Telefonaktiebolaget LM Ericsson March 31, 2026 Reelect Karl Aberg as Director Director Elections Board AGAINST 2
Tenaris SA May 12, 2026 Approve Remuneration Report Compensation Board AGAINST 2
Tenaris SA May 12, 2026 Approve Share Repurchase Capital Structure Board AGAINST 2
Tenaris SA May 12, 2026 Elect Directors (Bundled) Director Elections Board AGAINST 2
Tesco Plc June 18, 2026 Re-elect Thierry Garnier as Director (WITHDRAWN) Director Elections Board ABSTAIN 2
The Boston Beer Company, Inc. May 27, 2026 Advisory vote to approve our Named Executive Officers' executive compensation. Say-on-Pay Board AGAINST 2
The Boston Beer Company, Inc. May 27, 2026 Election of Directors: Cynthia L. Swanson Director Elections Board WITHHOLD 2
The Boston Beer Company, Inc. May 27, 2026 Election of Directors: Joseph H. Jordan Director Elections Board WITHHOLD 2
The Boston Beer Company, Inc. May 27, 2026 Election of Directors: Meghan V. Joyce Director Elections Board WITHHOLD 2
The Buckle, Inc. June 1, 2026 Election of Directors: Karen B. Rhoads Director Elections Board WITHHOLD 2
The Estee Lauder Companies Inc. November 13, 2025 Advisory vote to approve executive compensation. Say-on-Pay Board AGAINST 2
The Estee Lauder Companies Inc. November 13, 2025 Election of five (5) Class II Directors: Jennifer Tejada Director Elections Board WITHHOLD 2
The Estee Lauder Companies Inc. November 13, 2025 Election of five (5) Class II Directors: William P. Lauder Director Elections Board WITHHOLD 2
The Estee Lauder Companies Inc. November 13, 2025 Election of one (1) Class I Director: Eric L. Zinterhofer Director Elections Board WITHHOLD 2
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 2
The Trade Desk, Inc. May 4, 2026 The election of two Class I directors to hold office until our 2029 annual meeting of stockholders or until his or her successor is duly elected and qualified: Jeff T. Green Director Elections Board WITHHOLD 2
Trimble Inc. May 26, 2026 Election of Directors: Kaigham (Ken) Gabriel Director Elections Board WITHHOLD 2
Trimble Inc. May 26, 2026 Election of Directors: Kara Sprague Director Elections Board WITHHOLD 2
Trimble Inc. May 26, 2026 Election of Directors: Mark S. Peek Director Elections Board WITHHOLD 2
Trimble Inc. May 26, 2026 Election of Directors: Thomas Sweet Director Elections Board WITHHOLD 2
Twilio Inc. June 16, 2026 To approve the Twilio Inc. Amended and Restated 2016 Stock Option and Incentive Plan. Compensation Board AGAINST 2
UniCredit SpA March 31, 2026 Approve Second Section of the Remuneration Report Compensation Board AGAINST 2
UniCredit SpA March 31, 2026 Authorize Board to Increase Capital to Service the 2022 Group Incentive System Compensation Board AGAINST 2
United Therapeutics Corporation June 26, 2026 Approval of the United Therapeutics Corporation 2026 Stock Incentive Plan. Compensation Board AGAINST 2
VAT Group AG April 28, 2026 Ratify KPMG AG as Auditors Audit-related Board AGAINST 2
Virtu Financial, Inc. June 10, 2026 Election of Directors: Joanne M. Minieri Director Elections Board WITHHOLD 2
WH Group Limited May 8, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
WH Group Limited May 8, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: David A. Dunbar Director Elections Board WITHHOLD 2
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: Joseph W. Reitmeier Director Elections Board WITHHOLD 2
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: Kenneth Napolitano Director Elections Board WITHHOLD 2
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: Merilee Raines Director Elections Board WITHHOLD 2
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: Michael J. Dubose Director Elections Board WITHHOLD 2
Watts Water Technologies, Inc. May 19, 2026 Election of Directors: Rebecca J. Boll Director Elections Board WITHHOLD 2
Whitecap Resources Inc. May 13, 2026 Elect Director Glenn A. McNamara Director Elections Board WITHHOLD 2
Wiwynn Corp. May 25, 2026 Approve Issuance of Restricted Stocks Compensation Board AGAINST 2
Wiwynn Corp. May 25, 2026 Elect SIMON DZENG as Independent Director Director Elections Board AGAINST 2
Woodside Energy Group Ltd. April 23, 2026 Approve Grant of Performance Rights to Liz Westcott Compensation Board AGAINST 2
Wuxi Biologics (Cayman) Inc. June 10, 2026 Approve Deloitte Touche Tohmatsu as Auditors and Authorize the Board of Directors or Any Duly Authorized Board Committee to Fix Their Remuneration Audit-related Board AGAINST 2
XP Inc. May 29, 2026 Elect Director Guilherme Dias Fernandes Benchimol Director Elections Board AGAINST 2
Xiaomi Corporation June 2, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights Capital Structure Board AGAINST 2
Xiaomi Corporation June 2, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2
Xiaomi Corporation June 2, 2026 Authorize Reissuance of Repurchased Shares Capital Structure Board AGAINST 2
Yageo Corp. May 27, 2026 Approve Issuance of Restricted Stocks Compensation Board AGAINST 2
Yangtze Optical Fibre and Cable Joint Stock Limited Company June 30, 2026 Approve Annual External Guarantee Amount and Related Transactions Capital Structure Board AGAINST 2
Yangzijiang Shipbuilding (Holdings) Ltd. April 28, 2026 Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights Capital Structure Board AGAINST 2
Yangzijiang Shipbuilding (Holdings) Ltd. April 28, 2026 Elect Yee Kee Shian, Leon as Director Director Elections Board AGAINST 2
Yara International ASA May 12, 2026 Approve Remuneration Policy And Other Terms of Employment For Executive Management Compensation Board AGAINST 2
Yara International ASA May 12, 2026 Approve Remuneration Statement Compensation Board AGAINST 2
ZTO Express (Cayman) Inc. June 16, 2026 Approve Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu Certified Public Accountants LLP as Auditors and Authorize Board to Fix Their Remuneration Audit-related Board AGAINST 2
ZTO Express (Cayman) Inc. June 16, 2026 Approve Grant of General Mandate to the Directors to Issue, Allot, and Deal with Additional Class A Ordinary Shares Capital Structure Board AGAINST 2
Zijin Mining Group Co., Ltd. June 5, 2026 Approve General Mandate to Issue Debt Financing Instruments Capital Structure Board AGAINST 2
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 2
Zijin Mining Group Co., Ltd. June 5, 2026 Approve Plan of Guarantees Capital Structure Board AGAINST 2

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Built October 25, 2026 from SEC Form N-PX filings.