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Form N-PX · fund family63 filers grouped

BlackRock and iShares

Fund registrants and adviser entities grouped under BlackRock and iShares by this site's alias table

Vote records reported
1,861,252year to 30 June 2026
Against management
7.5%137,293 of 1,840,328 marked votes
Say-on-pay support
88.3%for, of for + against + abstain
Shareholder-proposal support
11.9%for, of for + against + abstain
90.3% for7.4% against2.3% other7.5% against management1,855,670 votes

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

For the year to 30 June 2026, BlackRock and iShares reported 1,861,252 vote records on Form N-PX. 137,293 of the 1,840,328 votes that were marked for or against management went against management: 7.5%, close to the median of the fund families tracked here (7.8%).

Weighted by the number of shares voted, the against-management share is 13.6%. 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 88.3% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.2%) and it voted for 11.9% of the proposals put forward by security holders (the median of the fund families tracked here: 30.7%).

By category, votes against management were most frequent in EXTRAORDINARY TRANSACTIONS (15.5% of 49,930), CORPORATE GOVERNANCE (12.3% of 227,062) and SECTION 14A SAY-ON-PAY VOTES (11.6% of 221,788).

It reported 76.73 billion shares out on loan at record dates, 2.70% 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 2026This familyMedian familyAll filers pooled
Against-management share7.5%7.8%10.6%
Say-on-pay support rate88.3%88.2%86.0%
Shareholder-proposal support rate11.9%30.7%33.9%
Shares on loan, share of shares held2.70%1.53%3.12%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
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 ELECTIONS931,919876,19231,7445.3%
SECTION 14A SAY-ON-PAY VOTES222,638189,08724,84311.6%
AUDIT-RELATED127,783124,4112,4642.6%
INVESTMENT COMPANY MATTERS575700.0%
SHAREHOLDER RIGHTS AND DEFENSES19,30012,4926,4299.4%
EXTRAORDINARY TRANSACTIONS49,95942,0877,63315.5%
CAPITAL STRUCTURE156,411144,68811,2557.4%
COMPENSATION126,526114,50211,5398.8%
CORPORATE GOVERNANCE232,621187,47937,09512.3%
ENVIRONMENT OR CLIMATE5,6939164,7038.0%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE4,2772214,0565.2%
DIVERSITY, EQUITY, AND INCLUSION1,836131,8230.7%
OTHER SOCIAL ISSUES10,6646,7493,7896.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 20241,730,2066.6%93.3%31.4%
year to 30 June 20251,748,5017.5%89.3%7.6%
year to 30 June 20261,861,2527.5%88.3%11.9%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, BlackRock and iShares voted against management on 643 of the 5,417 it marked either way (11.9%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 62 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 816 proposals from security holders that could be told apart in the filings and on which it cast a vote, BlackRock and iShares voted for 93 (11.4%). The 40 at the companies with the most reporting filers are listed. Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Tesla, Inc.6 Nov 2025A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold.
Tesla, Inc.6 Nov 2025A shareholder proposal to amend Article X of the bylaws.
Tesla, Inc.6 Nov 2025A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to...
Tesla, Inc.6 Nov 2025Declassify the Board of Directors
Starbucks Corporation25 Mar 2026Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority...
Palo Alto Networks, Inc.9 Dec 2025To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding...
Automatic Data Processing, Inc.12 Nov 2025Advisory Vote on Executive Compensation.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding annual vote regarding executive pay.
Meta Platforms, Inc.27 May 2026A shareholder proposal regarding dual class capital structure.
FORD MOTOR COMPANY14 May 2026A shareholder proposal relating to a request that the Board take steps to implement one vote per share for...
Airbnb, Inc.5 Jun 2026Dual-class sunset; and
Datadog, Inc.15 Jun 2026The stockholder proposal, if properly presented at the Annual Meeting, requesting the adoption of a simple...
Lennar Corporation8 Apr 2026Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES
ON Semiconductor Corporation14 May 2026To vote on a stockholder proposal regarding simple majority voting
Zscaler, Inc.12 Jan 2026To vote on a non-binding stockholder proposal requesting the declassification of our board of directors.
Norwegian Cruise Line Holdings Ltd.11 Jun 2026To consider and vote upon one shareholder proposal
NVR, Inc.7 May 2026Shareholder proposal to disclose greenhouse gas emissions.
Fortune Brands Innovations, Inc.5 May 2026Advisory vote to approve named executive officer compensation
Five Below, Inc.16 Jun 2026Shareholder proposal requesting that provisions in the Company's governance documents requiring greater...
OGE Energy Corp.14 May 2026Shareholder Proposal Regarding Simple Majority Vote.
Eagle Materials Inc.4 Aug 2025Non-binding advisory stockholder proposal requesting the declassification of our Board of Directors.
Wyndham Hotels & Resorts, Inc.14 May 2026To vote on a stockholder proposal, if properly presented at the meeting, regarding stockholder ability to...
Mohawk Industries, Inc.21 May 2026Stockholder proposal regarding a majority vote standard.
Bio-Rad Laboratories, Inc.21 Apr 2026Stockholder proposal regarding dual class capital structure.
PENN Entertainment, Inc.16 Jun 2026Declassify the board of directors
Calix, Inc.14 May 2026To hold an advisory vote on a stockholder proposal relating to a simple majority vote.
THOMSON REUTERS CORPORATION10 Jun 2026The shareholder proposal as set out in Appendix B of the accompanying Management Proxy Circular.
RELX PLC23 Apr 2026Corporate governance
El Pollo Loco Holdings, Inc.26 May 2026Shareholder proposal: CORPORATE GOVERNANCE
Mercedes-Benz Group AG16 Apr 2026Voting instructions for motions or nominations by shareholders that are not made accessible before the agm...
Eni SpA6 May 2026Shareholder proposal: AUDIT-RELATED
MAREX GROUP PLC21 May 2026To authorise the Company to make political donations
Nordea Bank Abp24 Mar 2026Approve Proposal Regarding Business Activities in the Arctic Region
Norsk Hydro ASA7 May 2026Approve Proposal to Assess how Nuclear Power Could Become Part of the Groups Energy Sourcing
Norsk Hydro ASA7 May 2026Approve Proposal to Assess the Establishment of Small Modular Reactor(s)
QBE Insurance Group Limited8 May 2026Approve Disclosure of Climate Risks to the Company
QBE Insurance Group Limited8 May 2026Approve the Amendments to the Company's Constitution
adidas AG7 May 2026Voting instructions for motions or nominations by shareholders that are not made accessible before the agm...

Shares on loan

BlackRock and iShares reported 76.73 billion shares on loan at record dates against 2.77 trillion shares voted: 2.70% of the two together. Median family: 1.53%. 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.

Filers grouped under this family

Grouping is by registrant and manager name, from a hand-maintained table. See the methodology.

FilerTypeVote records, year to 30 June 2026
iSHARES TRUSTfund registrant1,066,899
iShares, Inc.fund registrant217,076
BLACKROCK FUNDSfund registrant127,147
BlackRock, Inc.institutional manager100,573
MASTER INVESTMENT PORTFOLIOfund registrant84,279
BlackRock Variable Series Funds, Inc.fund registrant70,103
BlackRock ETF Trustfund registrant50,749
BlackRock Funds IIfund registrant27,048
BlackRock Series Fund, Inc.fund registrant19,451
QUANTITATIVE MASTER SERIES LLCfund registrant15,996
BLACKROCK INDEX FUNDS, INC.fund registrant11,529
BLACKROCK GLOBAL ALLOCATION FUND, INC.fund registrant8,787
BlackRock Advantage SMID Cap Fund, Inc.fund registrant6,886
BLACKROCK BALANCED FUND, INC.fund registrant6,851
BLACKROCK LARGE CAP SERIES FUNDS, INC.fund registrant6,034
BlackRock Funds IVfund registrant4,781
BlackRock Funds Vfund registrant3,947
BLACKROCK ADVANTAGE GLOBAL FUND, INC.fund registrant3,618
iShares U.S. ETF Trustfund registrant3,143
BlackRock Capital Allocation Term Trustfund registrant2,341
BlackRock Fund Advisorsinstitutional manager2,281
BlackRock ESG Capital Allocation Term Trustfund registrant1,983
BlackRock Health Sciences Term Trustfund registrant1,282
BLACKROCK EQUITY DIVIDEND FUNDfund registrant1,209
BlackRock Health Sciences Trustfund registrant1,190
BLACKROCK EMERGING MARKETS FUND, INC.fund registrant1,187
BLACKROCK MID-CAP VALUE SERIES, INC.fund registrant1,178
BlackRock Enhanced Equity Dividend Trustfund registrant1,159
BlackRock Strategic Global Bond Fund, Inc.fund registrant846
BLACKROCK SERIES, INC.fund registrant834
BlackRock Utilities, Infrastructure & Power Opportunities Trfund registrant806
BlackRock Enhanced International Dividend Trustfund registrant802
BLACKROCK INTERNATIONAL SELECT EQUITY FUNDfund registrant778
BlackRock Enhanced Global Dividend Trustfund registrant721
BLACKROCK LARGE CAP FOCUS VALUE FUND, INC.fund registrant688
BlackRock Resources & Commodities Strategy Trustfund registrant659
BLACKROCK NATURAL RESOURCES TRUSTfund registrant646
BLACKROCK ADVISORS LLCinstitutional manager538
BlackRock Capital Appreciation Fund, Inc.fund registrant489
BLACKROCK LARGE CAP FOCUS GROWTH FUND, INC.fund registrant489
BlackRock Science & Technology Term Trustfund registrant467
BlackRock Technology & Private Equity Term Trustfund registrant467
BlackRock Science & Technology Trustfund registrant451
BlackRock Enhanced Large Cap Core Fund, Inc.fund registrant434
BlackRock Energy & Resources Trustfund registrant361
Managed Account Seriesfund registrant320
BlackRock ETF Trust IIfund registrant304
BLACKROCK BOND FUND, INC.fund registrant290
BlackRock Variable Series Funds II, Inc.fund registrant254
BlackRock Unconstrained Equity Fundfund registrant240
BLACKROCK FUNDS VII, INC.fund registrant196
BlackRock Funds IIIfund registrant189
BLACKROCK CORPORATE HIGH YIELD FUND, INC.fund registrant66
BlackRock Series Fund II, Inc.fund registrant65
BlackRock HPS Credit Strategies Fundfund registrant31
BLACKROCK FLOATING RATE INCOME TRUSTfund registrant26
BLACKROCK LIQUIDITY FUNDSfund registrant20
BLACKROCK Ltd DURATION INCOME TRUSTfund registrant20
BLACKROCK DEBT STRATEGIES FUND, INC.fund registrant17
BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC.fund registrant17
BlackRock Multi-Sector Income Trustfund registrant8
BlackRock Municipal Credit Alpha Portfolio, Inc.fund registrant3
BLACKROCK MUNICIPAL SERIES TRUSTfund registrant3
BLACKROCK ALLOCATION TARGET SHARESfund registrant0
BLACKROCK CORE BOND TRUSTfund registrant0
BLACKROCK FINANCIAL MANAGEMENT INCinstitutional manager0
MASTER BOND LLCfund registrant0

Questions

How did BlackRock and iShares vote on executive pay?

In the year to 30 June 2026 BlackRock and iShares reported 214,146 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 189,067 were for (88.3%), 24,841 against and 238 abstentions. Counting one item per company meeting, it voted against management on 643 of the 5,417 say-on-pay items it marked either way. A further 62 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does BlackRock and iShares vote against management?

7.5% of the time in the year to 30 June 2026: 137,293 of the 1,840,328 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 BlackRock and iShares support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 4,778 votes on proposals from security holders in the year to 30 June 2026 and voted for 326 of them (6.8%). Across every category it voted for 11.9% 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.

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