Home / Families / Janus Henderson / year to 30 June 2025
Janus Henderson
One season of the Janus Henderson record. The family page shows the latest season.
- Vote records reported
- 37,561year to 30 June 2025
- Against management
- 5.9%2,206 of 37,297 marked votes
- Say-on-pay support
- 90.4%for, of for + against + abstain
- Shareholder-proposal support
- 22.6%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Janus Henderson reported 37,561 vote records for the year to 30 June 2025. It marked 5.9% of its votes as cast against management (2,206 of 37,297), 1.7 percentage points below the median of the fund families tracked here, which was 7.6%.
Weighted by the number of shares voted, the against-management share is 3.0%. 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 90.4% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.8%) and it voted for 22.6% 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 SHAREHOLDER RIGHTS AND DEFENSES (26.0% of 123), OTHER SOCIAL ISSUES (13.3% of 588) and OTHER (12.9% of 101).
It reported 42.0 million shares out on loan at record dates, 0.13% 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 2025 | This family | Median family | All filers pooled |
|---|---|---|---|
| Against-management share | 5.9% | 7.6% | 9.7% |
| Say-on-pay support rate | 90.4% | 88.8% | 84.3% |
| Shareholder-proposal support rate | 22.6% | 29.5% | 33.0% |
| Shares on loan, share of shares held | 0.13% | 0.85% | 2.20% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Of the 37,561 vote records in this filing, 2,152 carry something the form does not expect: a missing vote source or category, a record with no vote line, a meeting date that cannot be read, or a security identifier this site could not use. They are counted as filed. What is checked
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) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 22,306 | 21,062 | 398 | 5.4% | |
| SECTION 14A SAY-ON-PAY VOTES | 4,288 | 3,599 | 363 | 9.9% | |
| AUDIT-RELATED | 2,957 | 2,952 | 3 | 0.2% | |
| INVESTMENT COMPANY MATTERS | 9 | 3 | 3 | 66.7% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 143 | 123 | 16 | 26.0% | |
| EXTRAORDINARY TRANSACTIONS | 117 | 117 | 0 | 0.0% | |
| CAPITAL STRUCTURE | 1,862 | 1,789 | 70 | 3.7% | |
| COMPENSATION | 2,019 | 1,842 | 173 | 7.3% | |
| CORPORATE GOVERNANCE | 2,910 | 2,613 | 283 | 7.9% | |
| ENVIRONMENT OR CLIMATE | 444 | 43 | 401 | 1.1% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 123 | 31 | 92 | 4.1% | |
| DIVERSITY, EQUITY, AND INCLUSION | 288 | 28 | 260 | 0.7% | |
| OTHER SOCIAL ISSUES | 588 | 151 | 417 | 13.3% | |
| OTHER | 122 | 82 | 40 | 12.9% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 41,212 | 5.5% | 89.6% | 19.7% | |
| year to 30 June 2025 | 37,561 | 5.9% | 90.4% | 22.6% | |
| year to 30 June 2026 | 35,124 | 5.1% | 88.2% | 25.6% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Janus Henderson voted against management on 88 of the 1,159 it marked either way (7.6%) in the year to 30 June 2025. The 40 companies with the most reporting filers are listed.
A further 4 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- UnitedHealth Group Incorporated 2 Jun 2025
- Bank of America Corporation 22 Apr 2025
- Thermo Fisher Scientific Inc. 21 May 2025
- Pfizer Inc. 24 Apr 2025
- Intel Corporation 6 May 2025
- BlackRock, Inc. 15 May 2025
- CVS Health Corporation 15 May 2025
- Autodesk, Inc. 16 Jul 2024
- WARNER BROS. DISCOVERY, INC. 2 Jun 2025
- Arista Networks, Inc. 30 May 2025
- Otis Worldwide Corporation 15 May 2025
- Valero Energy Corporation 6 May 2025
- VIATRIS INC. 6 Dec 2024
- Truist Financial Corporation 29 Apr 2025
- L3Harris Technologies, Inc. 18 Apr 2025
- Simon Property Group, Inc. 14 May 2025
- Airbnb, Inc. 4 Jun 2025
- The Hershey Company 6 May 2025
- American International Group, Inc. 14 May 2025
- DEVON ENERGY CORPORATION 4 Jun 2025
- The Estee Lauder Companies Inc. 8 Nov 2024
- Workday, Inc. 4 Jun 2025
- Biogen Inc. 17 Jun 2025
- Expedia Group, Inc. 3 Jun 2025
- Eversource Energy 1 May 2025
- CoStar Group, Inc. 26 Jun 2025
- Conagra Brands, Inc. 18 Sep 2024
- Kellanova 1 Nov 2024
- Coinbase Global, Inc. 18 Jun 2025
- Marathon Oil Corporation 29 Aug 2024
- Citizens Financial Group, Inc. 24 Apr 2025
- Live Nation Entertainment, Inc. 12 Jun 2025
- Moderna, Inc. 30 Apr 2025
- DocuSign, Inc. 29 May 2025
- KeyCorp 15 May 2025
- Albemarle Corporation 6 May 2025
- The Interpublic Group of Companies, Inc. 18 Mar 2025
- The Cooper Companies, Inc. 2 Apr 2025
- Zoom Communications, Inc. 12 Jun 2025
- Jabil Inc. 23 Jan 2025
Shareholder proposals it supported
Of 306 proposals from security holders that could be told apart in the filings and on which it cast a vote, Janus Henderson voted for 84 (27.5%). 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.
| Company | Meeting | Proposal |
|---|---|---|
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding disclosure of voting results based on class of shares. |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding report on child safety impacts and actual harm reduction to children. |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding report on Al data usage oversight. |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding report on data collection and advertising practices. |
| Meta Platforms, Inc. | 28 May 2025 | Report on Combatting Risks of Online Child Exploitation |
| The Home Depot, Inc. | 22 May 2025 | Shareholder Proposal Regarding Independent Board Chair |
| AbbVie Inc. | 9 May 2025 | Stockholder Proposal - to Implement Simple Majority Vote |
| Adobe Inc. | 22 Apr 2025 | Stockholder Proposal Regarding Vote on Golden Parachutes. |
| Intuitive Surgical, Inc. | 1 May 2025 | The stockholder proposal that is titled "requesting a shareholder approval requirement for excessive... |
| HONEYWELL INTERNATIONAL INC. | 20 May 2025 | Shareowner Proposal - Independent Board Chairman. |
| Citigroup Inc. | 29 Apr 2025 | Stockholder proposal requesting a shareholder vote regarding excessive golden parachutes. |
| Gilead Sciences, Inc. | 7 May 2025 | To vote on a stockholder proposal requesting an independent Board Chair policy |
| The Charles Schwab Corporation | 22 May 2025 | Stockholder proposal requesting declassification of the board of directors |
| LOCKHEED MARTIN CORPORATION | 9 May 2025 | Stockholder Proposal Requesting Shareholder Approval Requirement for Excessive Golden Parachutes |
| United Parcel Service, Inc. | 8 May 2025 | To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share. |
| CVS Health Corporation | 15 May 2025 | Stockholder Proposal for Reducing the Threshold for Our Stockholder Right to Act By Written Consent. |
| Boston Scientific Corporation | 1 May 2025 | Stockholder proposal titled "Support Simple Majority Vote." |
| Vertex Pharmaceuticals Incorporated | 14 May 2025 | Shareholder proposal, if properly presented at the meeting, regarding excessive golden parachutes. |
| Autodesk, Inc. | 16 Jul 2024 | To consider and vote upon a stockholder proposal, if properly presented at the Annual Meeting, to enable... |
| The Travelers Companies, Inc. | 21 May 2025 | Shareholder proposal relating to ratification of golden parachutes, if presented at the Annual Meeting of... |
| Chipotle Mexican Grill, Inc. | 11 Jun 2025 | Shareholder Proposal - Requesting an independent Board Chair. |
| McKesson Corporation | 31 Jul 2024 | Shareholder Proposal on Independent Board Chairman |
| Cummins Inc. | 13 May 2025 | Require Independent Board Chair |
| Capital One Financial Corporation | 8 May 2025 | Stockholder proposal to require a shareholder vote on golden parachute arrangements. |
| Marathon Petroleum Corporation | 30 Apr 2025 | Shareholder proposal to support a simple majority vote. |
| Synopsys, Inc. | 10 Apr 2025 | To vote on a stockholder proposal regarding shareholder ratification of golden parachutes |
| Prudential Financial, Inc. | 13 May 2025 | Shareholder proposal regarding an Independent Board Chairman. |
| Delta Air Lines, Inc. | 19 Jun 2025 | A shareholder proposal requesting the ability for shareholders to act by written consent. |
| Cintas Corporation | 29 Oct 2024 | A shareholder proposal regarding disclosure of key diversity and inclusion metric |
| Cintas Corporation | 29 Oct 2024 | A shareholder proposal regarding political disclosure |
| Cintas Corporation | 29 Oct 2024 | A shareholder proposal regarding disclosure of managing climate risk through science-based targets and... |
| WEC Energy Group, Inc. | 8 May 2025 | Stockholder proposal to support simple majority vote |
| IDEXX Laboratories, Inc. | 7 May 2025 | Declassify the Board of Directors |
| HCA Healthcare, Inc. | 24 Apr 2025 | Stockholder proposal, if properly presented at the meeting, regarding lavish golden parachutes. |
| Xylem Inc. | 13 May 2025 | Shareholder proposal to lower threshold for shareholders to call special meetings from 25% to 10% of... |
| Dover Corporation | 2 May 2025 | To consider a shareholder proposal requesting an independent board chair. |
| The Hartford Insurance Group, Inc. | 21 May 2025 | Shareholder proposal that the Company adopt special meeting rights for shareholders |
| Verisk Analytics, Inc. | 20 May 2025 | Shareholder Proposal - Support Shareholder Ability to call for a Shareholder Meeting. |
| AutoZone, Inc. | 18 Dec 2024 | Shareholder Proposal regarding Special Shareholder Meeting improvement |
| IQVIA Holdings Inc. | 24 Apr 2025 | If properly presented, a stockholder proposal concerning special stockholder meetings. |
Shares on loan
Janus Henderson reported 42.0 million shares on loan at record dates against 32.65 billion shares voted: 0.13% 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 Janus Henderson vote on executive pay?
In the year to 30 June 2025 Janus Henderson reported 3,979 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 3,599 were for (90.4%), 363 against and 17 abstentions. Counting one item per company meeting, it voted against management on 88 of the 1,159 say-on-pay items it marked either way. A further 4 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does Janus Henderson vote against management?
5.9% of the time in the year to 30 June 2025: 2,206 of the 37,297 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 Janus Henderson support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 406 votes on proposals from security holders in the year to 30 June 2025 and voted for 5 of them (1.2%). Across every category it voted for 22.6% 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 Janus Henderson 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 Janus Henderson, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.