Home › Asset managers › Principal › 2024-2025 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Principal 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
2,933 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Principal voted | Funds |
|---|---|---|---|---|---|---|---|
| Simon Property Group, Inc. | May 14, 2025 | Election of Directors: Glyn F. Aeppel | Director Elections | Board | AGAINST | 6 | |
| Alphabet Inc. | June 6, 2025 | Election of ten directors: John L. Hennessy | Director Elections | Board | AGAINST | 5 | |
| Cintas Corporation | October 29, 2024 | A shareholder proposal regarding political disclosure, if properly presented at the meeting. | Other Social Issues | Shareholder | Against | FOR | 5 |
| Essex Property Trust, Inc. | May 13, 2025 | Election of Directors: Keith R. Guericke | Director Elections | Board | AGAINST | 5 | |
| Simon Property Group, Inc. | May 14, 2025 | Advisory Vote to Approve the Compensation of our Named Executive Officers. | Say-on-Pay | Board | AGAINST | 5 | |
| Simon Property Group, Inc. | May 14, 2025 | Election of Directors: Gary M. Rodkin | Director Elections | Board | AGAINST | 5 | |
| Simon Property Group, Inc. | May 14, 2025 | Election of Directors: Larry C. Glasscock | Director Elections | Board | AGAINST | 5 | |
| Simon Property Group, Inc. | May 14, 2025 | Election of Directors: Peggy Fang Roe | Director Elections | Board | AGAINST | 5 | |
| AppLovin Corporation | June 4, 2025 | Election of Directors: Margaret Georgiadis | Director Elections | Board | WITHHOLD | 4 | |
| Cintas Corporation | October 29, 2024 | A shareholder proposal regarding disclosure of key diversity and inclusion metric, if properly presented at the meeting. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 4 |
| Equinix, Inc. | May 21, 2025 | Approval of an amendment to the Equinix, Inc. 2020 Equity Incentive Plan to increase the number of plan shares reserved for issuance by 3.3 million shares | Compensation | Board | AGAINST | 4 | |
| Lennar Corporation | April 9, 2025 | Elect 10 directors to serve until the 2026 Annual Meeting of Stockholders: Jeffrey Sonnenfeld | Director Elections | Board | AGAINST | 4 | |
| Lennar Corporation | April 9, 2025 | Vote on a stockholder proposal requesting a report disclosing the Company's LGBTQIA+ equity and inclusion efforts in its human capital management strategy. | Diversity, Equity, and Inclusion | Shareholder | Against | FOR | 4 |
| Microsoft Corporation | December 10, 2024 | Report on AI Data Sourcing Accountability | Other Social Issues | Shareholder | Against | FOR | 4 |
| NatWest Group Plc | April 23, 2025 | Re-elect Frank Dangeard as Director | Director Elections | Board | ABSTAIN | 4 | |
| Palantir Technologies, Inc. | June 5, 2025 | Election of Directors: Alexander Karp | Director Elections | Board | WITHHOLD | 4 | |
| Palantir Technologies, Inc. | June 5, 2025 | Election of Directors: Alexander Moore | Director Elections | Board | WITHHOLD | 4 | |
| Palantir Technologies, Inc. | June 5, 2025 | Election of Directors: Alexandra Schiff | Director Elections | Board | WITHHOLD | 4 | |
| Palantir Technologies, Inc. | June 5, 2025 | Election of Directors: Peter Thiel | Director Elections | Board | WITHHOLD | 4 | |
| Palantir Technologies, Inc. | June 5, 2025 | Election of Directors: Stephen Cohen | Director Elections | Board | WITHHOLD | 4 | |
| Simon Property Group, Inc. | May 14, 2025 | Approve of the Redomestication of the Company to the State of Indiana by Conversion. | Extraordinary Transactions | Board | AGAINST | 4 | |
| Sompo Holdings, Inc. | June 23, 2025 | Elect Director Okumura, Mikio | Director Elections | Board | AGAINST | 4 | |
| Sonoco Products Company | April 16, 2025 | Advisory (non-binding) shareholder proposal regarding transparency in political spending. | Other Social Issues | Shareholder | Against | FOR | 4 |
| Stockland | October 21, 2024 | Elect Melinda Conrad as Director | Director Elections | Board | AGAINST | 4 | |
| Sun Hung Kai Properties Limited | November 7, 2024 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 4 | |
| Sun Hung Kai Properties Limited | November 7, 2024 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 4 | |
| TKO Group Holdings, Inc. | June 12, 2025 | Election of Directors: Ariel Emanuel | Director Elections | Board | WITHHOLD | 4 | |
| TKO Group Holdings, Inc. | June 12, 2025 | Election of Directors: Mark Shapiro | Director Elections | Board | WITHHOLD | 4 | |
| TKO Group Holdings, Inc. | June 12, 2025 | Election of Directors: Nick Khan | Director Elections | Board | WITHHOLD | 4 | |
| TKO Group Holdings, Inc. | June 12, 2025 | Election of Directors: Peter C.B. Bynoe | Director Elections | Board | WITHHOLD | 4 | |
| TKO Group Holdings, Inc. | June 12, 2025 | Election of Directors: Sonya E. Medina | Director Elections | Board | WITHHOLD | 4 | |
| TKO Group Holdings, Inc. | June 12, 2025 | Election of Directors: Steven R. Koonin | Director Elections | Board | WITHHOLD | 4 | |
| Tencent Holdings Limited | May 14, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 4 | |
| Alphabet Inc. | June 6, 2025 | Election of ten directors: Frances H. Arnold | Director Elections | Board | AGAINST | 3 | |
| Alphabet Inc. | June 6, 2025 | Election of ten directors: L. John Doerr | Director Elections | Board | AGAINST | 3 | |
| Alphabet Inc. | June 6, 2025 | Election of ten directors: Larry Page | Director Elections | Board | AGAINST | 3 | |
| Antero Resources Corporation | June 4, 2025 | Class III Nominees: Benjamin A. Hardesty | Director Elections | Board | WITHHOLD | 3 | |
| Antero Resources Corporation | June 4, 2025 | Class III Nominees: Robert J. Clark | Director Elections | Board | WITHHOLD | 3 | |
| Antero Resources Corporation | June 4, 2025 | To approve, on an advisory basis, the compensation of Antero Resources Corporation's named executive officers. | Say-on-Pay | Board | AGAINST | 3 | |
| AppFolio, Inc. | June 13, 2025 | Election of Class I Directors: Janet Kerr | Director Elections | Board | WITHHOLD | 3 | |
| AppLovin Corporation | June 4, 2025 | Election of Directors: ALYSSA HARVEY DAWSON | Director Elections | Board | WITHHOLD | 3 | |
| AppLovin Corporation | June 4, 2025 | Election of Directors: BARBARA MESSING | Director Elections | Board | WITHHOLD | 3 | |
| Bank of America Corporation | April 22, 2025 | Amending and restating the Bank of America Corporation Equity Plan | Compensation | Board | AGAINST | 3 | |
| Bank of America Corporation | April 22, 2025 | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution) | Say-on-Pay | Board | AGAINST | 3 | |
| Brookfield Corporation | June 6, 2025 | Elect Director Justin B. Beber | Director Elections | Board | WITHHOLD | 3 | |
| Cadence Design Systems, Inc. | May 8, 2025 | Stockholder proposal regarding political spending. | Other Social Issues | Shareholder | Against | FOR | 3 |
| Caesars Entertainment, Inc. | June 10, 2025 | COMPANY PROPOSAL: ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION. | Say-on-Pay | Board | AGAINST | 3 | |
| Cboe Global Markets, Inc. | May 6, 2025 | Stockholder proposal regarding political spending. | Other Social Issues | Shareholder | Against | FOR | 3 |
| Cintas Corporation | October 29, 2024 | A shareholder proposal regarding disclosure of managing climate risk through science-based targets and transition planning, if properly presented at the meeting. | Environment or Climate | Shareholder | Against | FOR | 3 |
| Cintas Corporation | October 29, 2024 | To approve the Cintas Corporation 2016 Amended and Restated Equity and Incentive Compensation Plan. | Compensation | Board | AGAINST | 3 | |
| Clearwater Analytics Holdings, Inc. | June 23, 2025 | Election of Directors: Jacques Aigrain | Director Elections | Board | WITHHOLD | 3 | |
| CoStar Group, Inc. | June 26, 2025 | Proposal to approve, on an advisory basis, the Company's executive compensation. | Say-on-Pay | Board | AGAINST | 3 | |
| CoStar Group, Inc. | June 26, 2025 | Stockholder proposal regarding support for transparency in political spending, if properly presented. | Other Social Issues | Shareholder | Against | FOR | 3 |
| Corpay, Inc. | June 11, 2025 | Advisory vote to approve named executive officer compensation. | Say-on-Pay | Board | AGAINST | 3 | |
| Crown Holdings, Inc. | May 1, 2025 | Consideration of a Shareholder proposal regarding transparency in political spending. | Other Social Issues | Shareholder | Against | FOR | 3 |
| Dick's Sporting Goods, Inc. | June 11, 2025 | Approval of an amendment to the Company's Certificate of incorporation to Increase the number of authorized shares of Common Stock and Class B Common Stock. | Capital Structure | Board | AGAINST | 3 | |
| Dick's Sporting Goods, Inc. | June 11, 2025 | Election of Directors, each for a term that expires in 2026: Anne Fink | Director Elections | Board | WITHHOLD | 3 | |
| Dynatrace, Inc. | August 23, 2024 | Election of Class II Directors: Jill Ward | Director Elections | Board | WITHHOLD | 3 | |
| Dynatrace, Inc. | August 23, 2024 | Election of Class II Directors: Kirsten O. Wolberg | Director Elections | Board | WITHHOLD | 3 | |
| EDP Renovaveis SA | April 3, 2025 | Authorize Issuance of Non-Convertible and/or Convertible Bonds, Debentures, Warrants, and Other Debt Securities without Preemptive Rights up to EUR 500 Million | Capital Structure | Board | AGAINST | 3 | |
| Entegris, Inc. | April 23, 2025 | Approval, by non-binding vote, of the compensation paid to Entegris, Inc.'s named executive officers (advisory vote). | Say-on-Pay | Board | AGAINST | 3 | |
| Eversource Energy | May 1, 2025 | Consider an advisory proposal approving the compensation of our Named Executive Officers. | Say-on-Pay | Board | AGAINST | 3 | |
| Fastighets AB Balder | May 8, 2025 | Reelect Anders Wennergren as Director | Director Elections | Board | AGAINST | 3 | |
| Fastighets AB Balder | May 8, 2025 | Reelect Fredrik Svensson as Director | Director Elections | Board | AGAINST | 3 | |
| Fastighets AB Balder | May 8, 2025 | Reelect Sten Duner (Chair) as Director | Director Elections | Board | AGAINST | 3 | |
| FedEx Corporation | September 23, 2024 | Stockholder proposal regarding a Just Transition report. | Environment or Climate | Shareholder | Against | FOR | 3 |
| HEICO Corporation | March 14, 2025 | Election of Heico's Board of Directors for the Ensuing year: Mark H. Hildebrandt | Director Elections | Board | AGAINST | 3 | |
| Hannover Rueck SE | May 7, 2025 | Approve Management Board Remuneration Policy | Compensation | Board | AGAINST | 3 | |
| Houlihan Lokey, Inc. | September 18, 2024 | To elect four Class III directors to our board of directors: Ekpedeme M. Bassey | Director Elections | Board | WITHHOLD | 3 | |
| Houlihan Lokey, Inc. | September 18, 2024 | To elect four Class III directors to our board of directors: Robert A. Schriesheim | Director Elections | Board | WITHHOLD | 3 | |
| Kajima Corp. | June 27, 2025 | Elect Director Amano, Hiromasa | Director Elections | Board | AGAINST | 3 | |
| Kajima Corp. | June 27, 2025 | Elect Director Oshimi, Yoshikazu | Director Elections | Board | AGAINST | 3 | |
| Las Vegas Sands Corp. | May 15, 2025 | An advisory (non-binding) vote to approve the compensation of the named executive officers. | Say-on-Pay | Board | AGAINST | 3 | |
| Lennar Corporation | April 9, 2025 | Elect 10 directors to serve until the 2026 Annual Meeting of Stockholders: Stuart Miller | Director Elections | Board | AGAINST | 3 | |
| Lincoln National Corporation | May 22, 2025 | The approval of an amendment to the Lincoln National Corporation 2020 Incentive Compensation Plan. | Compensation | Board | AGAINST | 3 | |
| Maplebear Inc. | May 22, 2025 | To approve, on a non-binding, advisory basis, the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 3 | |
| MercadoLibre, Inc. | June 17, 2025 | Election of Directors: Class I Nominee: Stelleo Passos Tolda | Director Elections | Board | WITHHOLD | 3 | |
| Meta Platforms, Inc. | May 28, 2025 | Election of Directors: Peggy Alford | Director Elections | Board | WITHHOLD | 3 | |
| Mitsui Fudosan Co., Ltd. | June 27, 2025 | Elect Director Komoda, Masanobu | Director Elections | Board | AGAINST | 3 | |
| Mitsui Fudosan Co., Ltd. | June 27, 2025 | Elect Director Ueda, Takashi | Director Elections | Board | AGAINST | 3 | |
| Molina Healthcare, Inc. | April 30, 2025 | To consider and approve, on a non-binding, advisory basis, the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 3 | |
| Monarch Casino & Resort, Inc. | June 6, 2025 | Election of Directors: Bob Farahi | Director Elections | Board | AGAINST | 3 | |
| National Bank of Greece SA | July 25, 2024 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 3 | |
| Nemetschek SE | May 20, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 3 | |
| Nintendo Co., Ltd. | June 27, 2025 | Elect Director Furukawa, Shuntaro | Director Elections | Board | AGAINST | 3 | |
| Nippon Prologis REIT, Inc. | August 28, 2024 | Elect Supervisory Director Hamaoka, Yoichiro | Director Elections | Board | AGAINST | 3 | |
| Novo Nordisk A/S | March 27, 2025 | Reelect Henrik Poulsen (Vice Chair) as Director | Director Elections | Board | ABSTAIN | 3 | |
| Novo Nordisk A/S | March 27, 2025 | Reelect Kasim Kutay as Director | Director Elections | Board | ABSTAIN | 3 | |
| PT Bank Negara Indonesia (Persero) Tbk | March 26, 2025 | Approve Share Repurchase Program and the Transfer of Buyback Shares Held as Treasury Stock | Capital Structure | Board | AGAINST | 3 | |
| PT Bank Rakyat Indonesia (Persero) Tbk | March 24, 2025 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 3 | |
| Ralph Lauren Corporation | August 1, 2024 | Election of three (3) Class A Directors: Nominees as Class A Directors: Darren Walker | Director Elections | Board | WITHHOLD | 3 | |
| Ryan Specialty Holdings, Inc. | May 30, 2025 | Election of four Class I director nominees: Michael D. O'Halleran | Director Elections | Board | WITHHOLD | 3 | |
| Sompo Holdings, Inc. | June 23, 2025 | Elect Director Endo, Isao | Director Elections | Board | AGAINST | 3 | |
| Sompo Holdings, Inc. | June 23, 2025 | Elect Director Scott Trevor Davis | Director Elections | Board | AGAINST | 3 | |
| The Goldman Sachs Group, Inc. | April 23, 2025 | Advisory Vote to Approve Executive Compensation (Say on Pay) | Say-on-Pay | Board | AGAINST | 3 | |
| The Trade Desk, Inc. | May 27, 2025 | The approval of The Trade Desk, Inc. 2025 Incentive Award Plan, which is an amendment and restatement of our 2016 Incentive Award Plan. | Compensation | Board | AGAINST | 3 | |
| Toyota Industries Corp. | June 10, 2025 | Elect Director Handa, Junichi | Director Elections | Board | AGAINST | 3 | |
| Toyota Industries Corp. | June 10, 2025 | Elect Director Ito, Koichi | Director Elections | Board | AGAINST | 3 | |
| Toyota Industries Corp. | June 10, 2025 | Elect Director Kumakura, Kazunari | Director Elections | Board | AGAINST | 3 | |
| Toyota Industries Corp. | June 10, 2025 | Elect Director Onishi, Akira | Director Elections | Board | AGAINST | 3 |
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Built October 13, 2026 from SEC Form N-PX filings.