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UBS 2025-2026: where it broke with the board

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

2,366 proposals.

UBS, 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 recommendedUBS votedFunds
AZZ Inc. July 8, 2025 Approve, on an advisory basis, AZZ's Executive Compensation Program. Say-on-Pay Board (inferred) AGAINST 4
Acadia Realty Trust May 13, 2026 THE APPROVAL, ON A NON-BINDING ADVISORY BASIS, OF THE COMPENSATION OF NAMED EXECUTIVE OFFICERS AS DISCLOSED IN THE COMPANY'S 2026 PROXY STATEMENT. Say-on-Pay Board (inferred) AGAINST 4
Albertsons Companies, Inc. August 7, 2025 Hold the annual, non-binding, advisory vote on our executive compensation program. Say-on-Pay Board (inferred) AGAINST 4
Alexandria Real Estate Equities, Inc. May 13, 2026 To cast a non-binding, advisory vote on a resolution to approve the compensation of the Company's named executive officers, as more particularly described in the accompanying Proxy Statement. Say-on-Pay Board (inferred) AGAINST 4
Alnylam Pharmaceuticals, Inc. May 20, 2026 To approve, in a non-binding advisory vote, the compensation of Alnylam's named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Amazon.com, Inc. May 20, 2026 ELECTION OF DIRECTORS: Jonathan J. Rubinstein Director Elections Board AGAINST 4
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 4
Amcor Plc November 6, 2025 To approve, by non-binding, advisory vote, the Company's executive compensation. Say-on-Pay Board (inferred) AGAINST 4
American Assets Trust, Inc. June 1, 2026 An advisory resolution to approve our executive compensation for the fiscal year ended December 31, 2025. Say-on-Pay Board (inferred) AGAINST 4
American Homes 4 Rent May 14, 2026 Advisory Vote to Approve American Homes 4 Rent's Named Executive Officer Compensation. Say-on-Pay Board (inferred) AGAINST 4
American States Water Company May 19, 2026 Advisory vote to approve the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Americold Realty Trust, Inc. May 18, 2026 Advisory Vote on Compensation of Named Executive Officers (Say-On-Pay). Say-on-Pay Board (inferred) AGAINST 4
Apartment Investment and Management Company February 6, 2026 Compensation Proposal. To approve, on a non-binding, advisory basis, the specified compensation that may be paid or become payable to Aimco's named executive officers in connection with the Plan of Sale and Liquidation. Say-on-Pay Board (inferred) AGAINST 4
Apple Hospitality REIT, Inc. May 22, 2026 Approval on an advisory basis of executive compensation paid by the Company. Say-on-Pay Board (inferred) AGAINST 4
Avista Corporation May 14, 2026 Advisory (non-binding) vote on executive compensation. Say-on-Pay Board (inferred) AGAINST 4
BeOne Medicines Ltd. June 11, 2026 THAT, on a non-binding, advisory basis, the compensation of the Company's named executive officers, as disclosed in the Proxy Statement, for the fiscal year ended December 31, 2025 be and is hereby approved. Say-on-Pay Board (inferred) AGAINST 4
Broadstone Net Lease, Inc. April 30, 2026 To approve, in a non-binding advisory vote, the compensation of the Company's named executive officers as described in the Company's 2026 proxy statement; Say-on-Pay Board (inferred) AGAINST 4
CBRE Group, Inc. May 21, 2026 Advisory vote to approve named executive officer compensation for 2025. Say-on-Pay Board (inferred) AGAINST 4
COPT Defense Properties May 14, 2026 Approval, on an advisory basis, of the compensation of our named executive officers as disclosed in the proxy statement for this meeting. Say-on-Pay Board (inferred) AGAINST 4
CSW Industrials, Inc. August 28, 2025 Approval, by non-binding vote, of executive compensation. Say-on-Pay Board (inferred) AGAINST 4
California Resources Corporation April 30, 2026 To approve, by non-binding vote, named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 4
California Water Service Group May 20, 2026 Advisory vote to approve executive compensation. Say-on-Pay Board (inferred) AGAINST 4
Camden Property Trust May 8, 2026 Approval, by an advisory vote, of executive compensation. Say-on-Pay Board (inferred) AGAINST 4
CareTrust REIT, Inc. April 29, 2026 Approval, on an advisory basis, of the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Carlisle Companies Incorporated April 29, 2026 To approve, on an advisory basis, the Company's named executive officer compensation in 2025. Say-on-Pay Board (inferred) AGAINST 4
Cheniere Energy, Inc. May 14, 2026 Approve, on an advisory and non-binding basis, the compensation of the Company's named executive officers for 2025. Say-on-Pay Board (inferred) AGAINST 4
Chesapeake Utilities Corporation May 6, 2026 Approve on an advisory non-binding basis the compensation of the Company's Named Executive Officers. Say-on-Pay Board (inferred) AGAINST 4
Church & Dwight Co., Inc. May 1, 2026 An advisory vote to approve compensation of our named executive officers; Say-on-Pay Board (inferred) AGAINST 4
Ciena Corporation March 26, 2026 Advisory vote on our named executive officer compensation, as described in the proxy materials. Say-on-Pay Board (inferred) AGAINST 4
Cloudflare, Inc. June 30, 2026 Approval, on an advisory basis, of the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Cogent Communications Holdings, Inc. May 1, 2026 To hold an advisory vote to approve named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 4
Commvault Systems, Inc. August 7, 2025 To approve, on an advisory basis, Commvault's executive compensation. Say-on-Pay Board (inferred) AGAINST 4
Cousins Properties Incorporated April 28, 2026 Approve, on an advisory basis, the compensation of the named executive officers. Say-on-Pay Board (inferred) AGAINST 4
CubeSmart May 19, 2026 To cast an advisory vote to approve our executive compensation. Say-on-Pay Board (inferred) AGAINST 4
Curbline Properties Corp. May 7, 2026 Approval, on an Advisory Basis, of the Compensation of the Company's Named Executive Officers. Say-on-Pay Board (inferred) AGAINST 4
Curtiss-Wright Corporation May 7, 2026 An advisory (non-binding) vote to approve the compensation of the Company's named executive officers Say-on-Pay Board (inferred) AGAINST 4
D-Wave Quantum Inc. June 4, 2026 To approve, on an advisory basis, the compensation of our named executive officers identified in the "Executive Compensation" section of the proxy statement (the "Say-on-Pay Vote"). Say-on-Pay Board (inferred) AGAINST 4
Denali Therapeutics Inc. June 3, 2026 Advisory vote on executive compensation. Say-on-Pay Board (inferred) AGAINST 4
DiamondRock Hospitality Company April 28, 2026 To approve, on a non-binding, advisory basis, the compensation of the named executive officers, as disclosed in the proxy statement. Say-on-Pay Board (inferred) AGAINST 4
Dick's Sporting Goods, Inc. June 10, 2026 Non-binding advisory vote to approve compensation of named executive officers, as disclosed in the Company's 2026 proxy statement. Say-on-Pay Board (inferred) AGAINST 4
Douglas Emmett, Inc. May 28, 2026 To approve, in a non-binding advisory vote, our executive compensation. Say-on-Pay Board (inferred) AGAINST 4
DraftKings Inc. May 12, 2026 To conduct a non-binding advisory vote on executive compensation. Say-on-Pay Board (inferred) AGAINST 4
EPR Properties May 5, 2026 To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in these proxy materials. Say-on-Pay Board (inferred) AGAINST 4
Easterly Government Properties, Inc. April 22, 2026 Approval, on a non-binding advisory basis, of our named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 4
Elme Communities October 30, 2025 Compensation Proposal: To approve, on a non-binding, advisory basis, the specified compensation that may be paid or become payable to the Company's named executive officers in connection with the Portfolio Sale Transaction and the Plan of Sale and Liquidation. Say-on-Pay Board (inferred) AGAINST 4
Empire State Realty Trust, Inc. May 14, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Entegris, Inc. May 6, 2026 Approval, by non-binding vote, of the compensation paid to Entegris, Inc.'s named executive officers (advisory vote). Say-on-Pay Board (inferred) AGAINST 4
Equinix, Inc. May 13, 2026 Approval, by a non-binding advisory vote, of the compensation of our named executive officers Say-on-Pay Board (inferred) AGAINST 4
Equity LifeStyle Properties, Inc. April 28, 2026 Approval on a non-binding, advisory basis of our executive compensation as disclosed in the Proxy Statement. Say-on-Pay Board (inferred) AGAINST 4
Essential Properties Realty Trust, Inc. May 11, 2026 To approve, on an advisory basis, the compensation of the Company's named executive officers, as more particularly described in the Proxy Statement; Say-on-Pay Board (inferred) AGAINST 4
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 (inferred) AGAINST 4
Essential Utilities, Inc. April 29, 2026 To approve, on a non-binding and advisory basis, the compensation of the Company's named executive officers for 2025. Say-on-Pay Board (inferred) AGAINST 4
Essex Property Trust, Inc. May 12, 2026 Advisory vote to approve the Company's named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 4
Federal Realty Investment Trust May 6, 2026 To approve, on a non-binding, advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Ferguson Enterprises Inc. December 3, 2025 To approve, on an advisory basis, the fiscal 2025 compensation of the Company's Named Executive Officers. Say-on-Pay Board (inferred) AGAINST 4
Ferguson Enterprises Inc. April 30, 2026 To approve, on an advisory basis, the compensation of the Company's Named Executive Officers for the five-month transition period from August 1, 2025 to December 31, 2025. Say-on-Pay Board (inferred) AGAINST 4
Fidelity National Financial, Inc. June 10, 2026 Approval of a non-binding advisory resolution on the compensation paid to our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
First Industrial Realty Trust, Inc. April 30, 2026 To approve, on an advisory (i.e. non-binding) basis, the compensation of the Company's named executive officers as disclosed in the Proxy Statement for the 2026 Annual Meeting. Say-on-Pay Board (inferred) AGAINST 4
Four Corners Property Trust, Inc. June 4, 2026 To approve, on a non-binding advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Gaming and Leisure Properties, Inc. June 4, 2026 To approve, on a non-binding advisory basis, the Company's executive compensation. Say-on-Pay Board (inferred) AGAINST 4
Getty Realty Corp. April 21, 2026 ADVISORY (NON-BINDING) VOTE ON NAMED EXECUTIVE COMPENSATION (SAY-ON-PAY). Say-on-Pay Board (inferred) AGAINST 4
Global Net Lease, Inc. May 21, 2026 Approval, on an advisory, non-binding basis, of the compensation paid to the Company's named executive officers identified in the accompanying proxy statement. Say-on-Pay Board (inferred) AGAINST 4
Globalstar, Inc. May 13, 2026 Approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Graco Inc. April 24, 2026 Approval, on an advisory basis, of the compensation paid to our named executive officers as disclosed in the Proxy Statement. Say-on-Pay Board (inferred) AGAINST 4
H2O America May 13, 2026 To approve, on an advisory basis, the compensation of the named executive officers as disclosed in the proxy statement. Say-on-Pay Board (inferred) AGAINST 4
HEICO Corporation March 13, 2026 ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION Say-on-Pay Board (inferred) AGAINST 4
Hawaiian Electric Industries, Inc. June 11, 2026 Advisory vote to approve the compensation of HEI's named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Healthcare Realty Trust Incorporated May 19, 2026 To approve, on a non-binding advisory basis, the following resolution: RESOLVED, that the stockholders of Healthcare Realty Trust Incorporated approve, on a non-binding advisory basis, the compensation of the Named Executive Officers as disclosed pursuant to Item 402 of Regulation S-K in the Company's proxy statement for the 2026 Annual Meeting of Stockholders. Say-on-Pay Board (inferred) AGAINST 4
Healthpeak Properties, Inc. April 30, 2026 Approval of 2025 executive compensation on an advisory basis. Say-on-Pay Board (inferred) AGAINST 4
Highwoods Properties, Inc. May 12, 2026 ADVISORY VOTE ON EXECUTIVE COMPENSATION. Say-on-Pay Board (inferred) AGAINST 4
Hormel Foods Corporation January 27, 2026 Approve the Named Executive Officer compensation as disclosed in the Company's 2026 annual meeting proxy statement. Say-on-Pay Board (inferred) AGAINST 4
Host Hotels & Resorts, Inc. May 20, 2026 Advisory resolution to approve executive compensation Say-on-Pay Board (inferred) AGAINST 4
IDACORP, Inc. May 21, 2026 Advisory resolution to approve our executive compensation. Say-on-Pay Board (inferred) AGAINST 4
Independence Realty Trust, Inc. May 13, 2026 The Board of Directors recommends: a vote FOR the advisory, non-binding resolution to approve the Company's executive compensation. Say-on-Pay Board (inferred) AGAINST 4
Insmed Incorporated May 13, 2026 An advisory vote on the 2025 compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
InvenTrust Properties Corp. May 5, 2026 A proposal to approve, on a non-binding advisory basis, a resolution approving the compensation of our named executive officers ("say-on-pay") as described in our proxy materials. Say-on-Pay Board (inferred) AGAINST 4
IonQ, Inc. June 16, 2026 To approve, on an advisory basis, the compensation of our named executive officers in 2025. Say-on-Pay Board (inferred) AGAINST 4
Iridium Communications Inc. May 20, 2026 Advisory vote to approve the compensation of Iridium Communications Inc.'s named executive officers Say-on-Pay Board (inferred) AGAINST 4
JBG SMITH Properties April 30, 2026 To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the Company's Proxy Statement ("Say-on-Pay"). Say-on-Pay Board (inferred) AGAINST 4
JBT Marel Corporation May 14, 2026 Approve on an advisory basis a non-binding resolution to approve the compensation of the company's named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Kennedy-Wilson Holdings, Inc. June 10, 2026 To approve, on a non-binding, advisory basis, the compensation that will or may become payable by Kennedy Wilson to its named executive officers in connection with the transactions contemplated by the Merger Agreement (the "Advisory Compensation Proposal"). Say-on-Pay Board (inferred) AGAINST 4
Kilroy Realty Corporation May 19, 2026 Approval, on an advisory basis, of the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Kite Realty Group Trust May 14, 2026 To approve, on an advisory (non-binding) basis, the compensation of Kite Realty Group Trust's named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Kymera Therapeutics, Inc. June 24, 2026 To approve, on a non-binding advisory basis, the compensation of our named executive officers; and Say-on-Pay Board (inferred) AGAINST 4
LTC Properties, Inc. May 20, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 4
LXP Industrial Trust May 19, 2026 To consider and vote upon an advisory, non-binding resolution to approve the compensation of the named executive officers, as disclosed in the accompanying proxy statement Say-on-Pay Board (inferred) AGAINST 4
Life360, Inc. May 28, 2026 An advisory, non-binding vote to approve the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Lineage, Inc. June 9, 2026 Advisory (non-binding) approval of the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
MDU Resources Group, Inc. May 11, 2026 Vote, on an Advisory Basis, to Approve the Company's Named Executive Officers' compensation. Say-on-Pay Board (inferred) AGAINST 4
MGE Energy, Inc. May 19, 2026 Advisory Vote: Approval of the compensation of the named executive officers as disclosed in the proxy statement under the heading "Executive Compensation." Say-on-Pay Board (inferred) AGAINST 4
Medical Properties Trust, Inc. May 28, 2026 To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Mid-America Apartment Communities, Inc. May 19, 2026 Advisory (non-binding) vote to approve the compensation of our named executive officers as disclosed in the proxy statement. Say-on-Pay Board (inferred) AGAINST 4
NNN REIT, Inc. May 12, 2026 Non-binding advisory approval of the compensation of our named executive officers as described in this Proxy Statement. Say-on-Pay Board (inferred) AGAINST 4
National Health Investors, Inc. May 27, 2026 Approve, on a non-binding advisory basis, the compensation paid to our named executive officers as disclosed in the accompanying Proxy Statement. Say-on-Pay Board (inferred) AGAINST 4
NetSTREIT Corp. May 14, 2026 Approval, on an advisory basis, of the compensation of NETSTREIT Corp.'s named executive officers. Say-on-Pay Board (inferred) AGAINST 4
Neurocrine Biosciences, Inc. May 27, 2026 Advisory vote on the compensation paid to the Company's named executive officers; Say-on-Pay Board (inferred) AGAINST 4
New Jersey Resources Corporation January 21, 2026 To approve a non-binding advisory resolution approving the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
NexPoint Residential Trust, Inc. June 2, 2026 To approve, on an advisory basis, the compensation of our named executive officers. Say-on-Pay Board (inferred) AGAINST 4
NorthWestern Energy Group, Inc. April 2, 2026 To vote on an advisory vote on the merger-related compensation arrangements of NorthWestern's named executive officers (the "NorthWestern Merger-Related Compensation Proposal"); and Say-on-Pay Board (inferred) AGAINST 4
NorthWestern Energy Group, Inc. April 30, 2026 Advisory vote to approve named executive officer compensation. Say-on-Pay Board (inferred) AGAINST 4

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