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Home / Families / Baird / year to 30 June 2025

Form N-PX · fund family · year to 30 June 20252 filers grouped

Baird

One season of the Baird record. The family page shows the latest season.

Vote records reported
4,742year to 30 June 2025
Against management
8.1%376 of 4,662 marked votes
Say-on-pay support
90.9%for, of for + against + abstain
Shareholder-proposal support
33.3%for, of for + against + abstain
87.9% for7.1% against5.0% other8.1% against management4,676 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

In its Form N-PX for the year to 30 June 2025, Baird listed 4,742 vote records. Votes against management made up 8.1% of those marked either way (376 of 4,662); the median of the fund families tracked here stood at 7.6%.

Weighted by the number of shares voted, the against-management share is 11.1%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.

On pay and on shareholder proposals: it voted for 90.9% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.8%) and it voted for 33.3% of the proposals put forward by security holders (the median of the fund families tracked here: 29.5%).

By category, votes against management were most frequent in CORPORATE GOVERNANCE (14.4% of 146), COMPENSATION (13.3% of 90) and CAPITAL STRUCTURE (9.6% of 135).

It reported 205,550 shares out on loan at record dates, 0.01% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 60 families with at least 25 vote records in the season.

year to 30 June 2025This familyMedian familyAll filers pooled
Against-management share8.1%7.6%9.7%
Say-on-pay support rate90.9%88.8%84.3%
Shareholder-proposal support rate33.3%29.5%33.0%
Shares on loan, share of shares held0.01%0.85%2.20%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Votes by category

Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS1,3321,252346.0%
SECTION 14A SAY-ON-PAY VOTES2,6782,2662269.2%
AUDIT-RELATED20720521.0%
SHAREHOLDER RIGHTS AND DEFENSES1210250.0%
EXTRAORDINARY TRANSACTIONS121200.0%
CAPITAL STRUCTURE135121129.6%
COMPENSATION90781213.3%
CORPORATE GOVERNANCE1461252114.4%
ENVIRONMENT OR CLIMATE10280.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE101911.1%
DIVERSITY, EQUITY, AND INCLUSION32166.7%
OTHER SOCIAL ISSUES1651112.5%
OTHER797435.1%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 20245,0139.2%89.9%47.2%
year to 30 June 20254,7428.1%90.9%33.3%
year to 30 June 20264,7458.8%90.6%41.5%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Baird voted against management on 176 of the 1,959 it marked either way (9.0%) in the year to 30 June 2025. The 40 companies with the most reporting filers are listed.

A further 14 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 45 proposals from security holders that could be told apart in the filings and on which it cast a vote, Baird voted for 15 (33.3%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
The Charles Schwab Corporation22 May 2025Stockholder proposal requesting declassification of the board of directors
Diamondback Energy, Inc.21 May 2025Stockholder proposal regarding certain executive severance arrangements.
CoStar Group, Inc.26 Jun 2025Stockholder proposal regarding support for transparency in political spending
CDW Corporation20 May 2025To consider and act upon the stockholder proposal, if properly presented at the meeting, regarding...
Monolithic Power Systems, Inc.12 Jun 2025Vote on a stockholder proposal to give shareholders the ability to call for a special shareholder meeting.
HubSpot, Inc.4 Jun 2025Adopt Simple Majority Vote
DraftKings Inc.19 May 2025To consider a shareholder proposal regarding board matrix disclosure.
FactSet Research Systems Inc.19 Dec 2024To vote on a stockholder proposal
EPAM Systems, Inc.22 May 2025To hold an advisory vote on a stockholder proposal relating to a simple majority vote.
Alphabet Inc.6 Jun 2025Stockholder proposal regarding a human rights impact assessment of Al-driven targeted ad policies
Alphabet Inc.6 Jun 2025Stockholder proposal regarding a report on Al data usage oversight
Alphabet Inc.6 Jun 2025Stockholder proposal regarding equal shareholder voting
Floor & Decor Holdings, Inc.7 May 2025Stockholder proposal regarding shareholder ability to call for a special shareholder meeting.
UBS GROUP AG10 Apr 2025Compensation
KONINKLIJKE PHILIPS N.V.8 May 2025Advisory vote on the Remuneration Report 2024

Shares on loan

Baird reported 205,550 shares on loan at record dates against 3.05 billion shares voted: 0.01% of the two together. Median family: 0.85%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.

Questions

How did Baird vote on executive pay?

In the year to 30 June 2025 Baird reported 2,491 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 2,264 were for (90.9%), 226 against and 1 abstentions. Counting one item per company meeting, it voted against management on 176 of the 1,959 say-on-pay items it marked either way. A further 14 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Baird vote against management?

8.1% of the time in the year to 30 June 2025: 376 of the 4,662 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.

Did Baird support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 8 votes on proposals from security holders in the year to 30 June 2025 and voted for 0 of them (0.0%). Across every category it voted for 33.3% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.

Is this the result of the meetings?

No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.

Where does the data come from?

From the Form N-PX filings of the registrants and managers grouped under this family on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.

Back to the Baird family page · All filers in the year to 30 June 2025

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings of the filers grouped under Baird, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.