Home / Families / J.P. Morgan
J.P. Morgan
Fund registrants and adviser entities grouped under J.P. Morgan by this site's alias table
- Vote records reported
- 342,514year to 30 June 2026
- Against management
- 6.2%20,800 of 334,086 marked votes
- Say-on-pay support
- 89.4%for, of for + against + abstain
- Shareholder-proposal support
- 22.1%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2026, J.P. Morgan reported 342,514 vote records on Form N-PX. 20,800 of the 334,086 votes that were marked for or against management went against management: 6.2%, 1.6 percentage points below the median of the fund families tracked here (7.8%).
Weighted by the number of shares voted, the against-management share is 7.4%. 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 89.4% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.2%) and it voted for 22.1% 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 INVESTMENT COMPANY MATTERS (39.0% of 41), SHAREHOLDER RIGHTS AND DEFENSES (34.0% of 920) and EXTRAORDINARY TRANSACTIONS (19.2% of 3,570).
It reported 2.44 billion shares out on loan at record dates, 1.44% 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 2026 | This family | Median family | All filers pooled |
|---|---|---|---|
| Against-management share | 6.2% | 7.8% | 10.6% |
| Say-on-pay support rate | 89.4% | 88.2% | 86.0% |
| Shareholder-proposal support rate | 22.1% | 30.7% | 33.9% |
| Shares on loan, share of shares held | 1.44% | 1.53% | 3.12% |
| 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% |
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 | 178,550 | 167,691 | 7,705 | 5.1% | |
| SECTION 14A SAY-ON-PAY VOTES | 26,927 | 22,744 | 2,668 | 10.6% | |
| AUDIT-RELATED | 23,830 | 23,202 | 531 | 1.9% | |
| INVESTMENT COMPANY MATTERS | 41 | 25 | 16 | 39.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 978 | 724 | 168 | 34.0% | |
| EXTRAORDINARY TRANSACTIONS | 3,606 | 2,875 | 691 | 19.2% | |
| CAPITAL STRUCTURE | 29,472 | 27,560 | 1,737 | 6.2% | |
| COMPENSATION | 21,833 | 19,503 | 2,206 | 8.8% | |
| CORPORATE GOVERNANCE | 56,539 | 45,115 | 7,475 | 7.8% | |
| ENVIRONMENT OR CLIMATE | 2,258 | 598 | 1,646 | 3.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 1,387 | 442 | 940 | 1.7% | |
| DIVERSITY, EQUITY, AND INCLUSION | 1,182 | 465 | 712 | 3.3% | |
| OTHER SOCIAL ISSUES | 3,453 | 1,328 | 2,077 | 3.8% | |
| OTHER | 6,351 | 3,644 | 793 | 6.9% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 366,575 | 7.3% | 88.2% | 15.3% | |
| year to 30 June 2025 | 328,133 | 6.7% | 89.3% | 14.5% | |
| year to 30 June 2026 | 342,514 | 6.2% | 89.4% | 22.1% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, J.P. Morgan voted against management on 478 of the 3,535 it marked either way (13.5%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.
A further 13 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- The Walt Disney Company 18 Mar 2026
- PEPSICO, INC. 6 May 2026
- Salesforce, Inc. 28 May 2026
- Pfizer Inc. 23 Apr 2026
- ServiceNow, Inc. 21 May 2026
- ACCENTURE PLC 28 Jan 2026
- Adobe Inc. 15 Apr 2026
- Comcast Corporation 10 Jun 2026
- Starbucks Corporation 25 Mar 2026
- Target Corporation 10 Jun 2026
- WARNER BROS. DISCOVERY, INC. 23 Apr 2026
- WARNER BROS. DISCOVERY, INC. 9 Jun 2026
- American Electric Power Company, Inc. 28 Apr 2026
- Becton, Dickinson and Company 27 Jan 2026
- L3Harris Technologies, Inc. 11 May 2026
- Elevance Health, Inc. 13 May 2026
- Welltower Inc. 21 May 2026
- Electronic Arts Inc. 14 Aug 2025
- Simon Property Group, Inc. 13 May 2026
- General Mills, Inc. 30 Sep 2025
- DOW INC. 9 Apr 2026
- Fiserv, Inc. 21 May 2026
- Tractor Supply Company 14 May 2026
- Realty Income Corporation 21 May 2026
- Aon Plc 26 Jun 2026
- Roper Technologies, Inc. 19 May 2026
- Dollar General Corporation 28 May 2026
- Huntington Bancshares Incorporated 22 Apr 2026
- The Clorox Company 19 Nov 2025
- Eversource Energy 6 May 2026
- IQVIA Holdings Inc. 23 Apr 2026
- T. Rowe Price Group, Inc. 7 May 2026
- Charter Communications, Inc. 21 Apr 2026
- Workday, Inc. 16 Jun 2026
- The Trade Desk, Inc. 4 May 2026
- Lennar Corporation 8 Apr 2026
- The Estee Lauder Companies Inc. 13 Nov 2025
- Coterra Energy Inc. 4 May 2026
- CDW Corporation 21 May 2026
- lululemon athletica inc. 25 Jun 2026
Shareholder proposals it supported
Of 1,005 proposals from security holders that could be told apart in the filings and on which it cast a vote, J.P. Morgan voted for 305 (30.3%). 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 |
|---|---|---|
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| JPMorgan Chase & Co. | 19 May 2026 | Independent board chairman |
| The Home Depot, Inc. | 21 May 2026 | Shareholder Proposal Regarding Report on Packaging Policies for Plastics |
| PEPSICO, INC. | 6 May 2026 | Shareholder Proposal - Independent Board Chair. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to... |
| Tesla, Inc. | 6 Nov 2025 | Declassify the Board of Directors |
| AT&T INC. | 14 May 2026 | EEO-1 Report Disclosure Policy |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Govern by Majority Vote. |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Lobbying Disclosure |
| Eaton Corporation plc | 22 Apr 2026 | Approving, on an advisory basis, the Company's executive compensation |
| PALANTIR TECHNOLOGIES INC. | 3 Jun 2026 | Stockholder proposal entitled "Political Spending Disclosure," |
| Starbucks Corporation | 25 Mar 2026 | Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority... |
| Palo Alto Networks, Inc. | 9 Dec 2025 | To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding... |
| Arista Networks, Inc. | 29 May 2026 | Say on pay |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding dual class capital structure. |
| United Parcel Service, Inc. | 7 May 2026 | To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share. |
| Target Corporation | 10 Jun 2026 | Require Independent Board Chair |
| FORD MOTOR COMPANY | 14 May 2026 | A shareholder proposal relating to a request that the Board take steps to implement one vote per share for... |
| Sysco Corporation | 14 Nov 2025 | Adopt Mandatory Policy Separating the Roles of CEO and Board Chair |
| Snowflake Inc. | 29 Jun 2026 | To consider and vote on, if properly presented at the meeting, a non-binding stockholder proposal... |
| Fastenal Company | 23 Apr 2026 | Shareholder proposal relating to an EEO-1 reporting disclosure policy |
| Arthur J. Gallagher & Co. | 12 May 2026 | Say on pay |
| WEC Energy Group, Inc. | 7 May 2026 | Stockholder proposal to govern by majority vote |
| Airbnb, Inc. | 5 Jun 2026 | Dual-class sunset; and |
| Dollar General Corporation | 28 May 2026 | To vote on a shareholder proposal asking the Board to report on the feasibility of adopting a... |
| Block, Inc. | 16 Jun 2026 | Stockholder proposal regarding establishing a board-level technology committee |
| Charter Communications, Inc. | 21 Apr 2026 | Stockholder proposal regarding political expenditures report. |
| Lennar Corporation | 8 Apr 2026 | Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES |
| NetApp, Inc. | 10 Sep 2025 | To approve a stockholder proposal regarding support for Special Shareholder Meeting Improvement. |
| ON Semiconductor Corporation | 14 May 2026 | To vote on a stockholder proposal regarding simple majority voting |
| Centene Corporation | 12 May 2026 | Stockholder proposal regarding an independent board chairman. |
| Zscaler, Inc. | 12 Jan 2026 | To vote on a non-binding stockholder proposal requesting the declassification of our board of directors. |
| BJ's Wholesale Club Holdings, Inc. | 18 Jun 2026 | Vote on a shareholder proposal regarding adopting a majority voting standard |
| DT Midstream, Inc. | 5 May 2026 | Stockholder Proposal on Shareholder Right to Act by Written Consent. |
| Norwegian Cruise Line Holdings Ltd. | 11 Jun 2026 | A shareholder proposal requesting the declassification of our board of directors |
| Norwegian Cruise Line Holdings Ltd. | 11 Jun 2026 | To consider and vote upon one shareholder proposal |
| Universal Health Services, Inc. | 20 May 2026 | Stockholder proposal to adopt a policy requiring Universal Health Services, Inc. to publicly disclose its... |
Shares on loan
J.P. Morgan reported 2.44 billion shares on loan at record dates against 166.52 billion shares voted: 1.44% 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.
| Filer | Type | Vote records, year to 30 June 2026 |
|---|---|---|
| J.P. Morgan Exchange-Traded Fund Trust | fund registrant | 179,075 |
| JPMorgan Trust I | fund registrant | 70,644 |
| Six Circles Trust | fund registrant | 53,650 |
| JPMORGAN TRUST II | fund registrant | 17,993 |
| JPMORGAN TRUST IV | fund registrant | 11,683 |
| JPMorgan Chase Bank, N.A. | institutional manager | 3,343 |
| JPMorgan Asset Management (UK) Ltd | institutional manager | 2,251 |
| JPMorgan Asset Management (Asia Pacific) Ltd | institutional manager | 1,232 |
| JP MORGAN FLEMING MUTUAL FUND GROUP INC | fund registrant | 1,114 |
| JP MORGAN MUTUAL FUND INVESTMENT TRUST | fund registrant | 1,005 |
| JPMorgan Asset Management (Japan) Ltd | institutional manager | 522 |
| J.P. Morgan Investment Management Inc. | institutional manager | 2 |
| J.P. Morgan Access Multi-Strategy Fund II | fund registrant | 0 |
| J.P. Morgan Private Wealth Advisors LLC | institutional manager | 0 |
| JP MORGAN ACCESS MULTI-STRATEGY FUND LLC | fund registrant | 0 |
Questions
How did J.P. Morgan vote on executive pay?
In the year to 30 June 2026 J.P. Morgan reported 25,345 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 22,670 were for (89.4%), 2,668 against and 7 abstentions. Counting one item per company meeting, it voted against management on 478 of the 3,535 say-on-pay items it marked either way. A further 13 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does J.P. Morgan vote against management?
6.2% of the time in the year to 30 June 2026: 20,800 of the 334,086 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 J.P. Morgan support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 1,677 votes on proposals from security holders in the year to 30 June 2026 and voted for 62 of them (3.7%). Across every category it voted for 22.1% 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.