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Home / Families / State Street and SPDR / year to 30 June 2024

Form N-PX · fund family · year to 30 June 202421 filers grouped

State Street and SPDR

One season of the State Street and SPDR record. The family page shows the latest season.

Vote records reported
852,018year to 30 June 2024
Against management
19.0%175,192 of 919,879 marked votes
Say-on-pay support
85.1%for, of for + against + abstain
Shareholder-proposal support
49.8%for, of for + against + abstain
78.6% for17.3% against4.1% other19.0% against management933,331 votes

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

For the year to 30 June 2024, State Street and SPDR reported 852,018 vote records on Form N-PX. 175,192 of the 919,879 votes that were marked for or against management went against management: 19.0%, 10.5 percentage points above the median of the fund families tracked here (8.5%).

Weighted by the number of shares voted, the against-management share is 10.5%. 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 85.1% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 89.0%) and it voted for 49.8% of the proposals put forward by security holders (the median of the fund families tracked here: 35.1%).

By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (31.7% of 2,006), OTHER (28.0% of 7,692) and DIRECTOR ELECTIONS (21.9% of 444,382).

It reported 47.05 billion shares out on loan at record dates, 15.72% 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 2024This familyMedian familyAll filers pooled
Against-management share19.0%8.5%10.2%
Say-on-pay support rate85.1%89.0%84.6%
Shareholder-proposal support rate49.8%35.1%37.0%
Shares on loan, share of shares held15.72%1.34%0.08%
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%

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 ELECTIONS452,568347,06474,02021.9%
SECTION 14A SAY-ON-PAY VOTES51,47638,5586,77314.1%
AUDIT-RELATED60,04652,0677,93813.1%
INVESTMENT COMPANY MATTERS98111.1%
SHAREHOLDER RIGHTS AND DEFENSES2,2861,45381731.7%
EXTRAORDINARY TRANSACTIONS9,9808,1081,86018.6%
CAPITAL STRUCTURE94,13379,56214,57115.4%
COMPENSATION86,53669,96216,30517.6%
CORPORATE GOVERNANCE186,663153,52732,71216.3%
ENVIRONMENT OR CLIMATE6,7732,3824,33818.2%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE3,6941,7971,88321.4%
DIVERSITY, EQUITY, AND INCLUSION3,9151,7112,18816.8%
OTHER SOCIAL ISSUES9,3634,1015,21520.8%
OTHER9,2715,8763,22128.0%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024852,01819.0%85.1%49.8%
year to 30 June 2025861,66814.3%82.2%49.5%
year to 30 June 2026834,28116.9%77.1%50.4%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, State Street and SPDR voted against management on 130 of the 3,129 it marked either way (4.2%) in the year to 30 June 2024. The 40 companies with the most reporting filers are listed.

Shareholder proposals it supported

Of 2,289 proposals from security holders that could be told apart in the filings and on which it cast a vote, State Street and SPDR voted for 1,190 (52.0%). 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
Amazon.com, Inc.22 May 2024Commission Third Party Assessment on Company's Commitment to Freedom of Association and Collective Bargaining
Amazon.com, Inc.22 May 2024Commission a Third Party Audit on Working Conditions
NVIDIA Corporation26 Jun 2024Advisory approval of a stockholder proposal to replace the supermajority voting provisions in our charter...
JPMorgan Chase & Co.21 May 2024Shareholder opportunity to vote on excessive golden parachutes
JPMorgan Chase & Co.21 May 2024Indigenous peoples' rights indicators
JPMorgan Chase & Co.21 May 2024Independent board chairman
Bank of America Corporation24 Apr 2024Report on Climate Lobbying
Bank of America Corporation24 Apr 2024Shareholder proposal requesting disclosure of clean energy financing ratio
Bank of America Corporation24 Apr 2024Shareholder proposal requesting independent board chair
Oracle Corporation15 Nov 2023Stockholder Proposal Regarding Pay Gap Report
Oracle Corporation15 Nov 2023Stockholder Proposal Regarding Independent Board Chairman
Tesla, Inc.13 Jun 2024A stockholder proposal regarding simple majority voting provisions in our governing documents
Tesla, Inc.13 Jun 2024Declassify the Board of Directors
ConocoPhillips14 May 2024Simple Majority Vote.
Wells Fargo & Company30 Apr 2024Shareholder Proposal - Report on Respecting Indigenous Peoples' Rights.
Wells Fargo & Company30 Apr 2024Shareholder Proposal - Annual Climate Lobbying Congruency Report.
Wells Fargo & Company30 Apr 2024Shareholder Proposal - Annual Report on Congruency of Political Spending and Corporate Values.
Wells Fargo & Company30 Apr 2024Shareholder Proposal - Annual Report on Prevention of Workplace Harassment and Discrimination.
Wells Fargo & Company30 Apr 2024Shareholder Proposal - Transparency in Lobbying Annual Report.
Wells Fargo & Company30 Apr 2024Shareholder Proposal - Third-Party Assessment of Respect for Freedom of Association and Collective Bargaining.
American Express Company6 May 2024Shareholder proposal relating to climate lobbying.
American Express Company6 May 2024Shareholder proposal relating to golden parachutes.
United Parcel Service, Inc.2 May 2024To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share.
Deere & Company28 Feb 2024Shareholder proposal regarding shareholder ratification of golden parachutes
ServiceNow, Inc.23 May 2024Shareholder proposal regarding simple majority vote.
The Charles Schwab Corporation23 May 2024Stockholder Proposal on Pay Equity Disclosure
Citigroup Inc.30 Apr 2024Report on Respecting Indigenous Peoples' Rights
The Goldman Sachs Group, Inc.24 Apr 2024Shareholder Proposal Regarding Pay Equity Reporting
The Goldman Sachs Group, Inc.24 Apr 2024Shareholder Proposal Regarding Disclosure of Clean Energy Supply Financing Ratio
The Goldman Sachs Group, Inc.24 Apr 2024Shareholder Proposal Regarding a Transparency In Lobbying Report
The Goldman Sachs Group, Inc.24 Apr 2024Shareholder Proposal Regarding a Policy for an Independent Chair
Morgan Stanley23 May 2024Shareholder proposal regarding transparency in lobbying
Morgan Stanley23 May 2024Shareholder proposal requesting a clean energy supply financing ratio
Emerson Electric Co.6 Feb 2024Shareholder Proposal to Implement a Simple Majority Vote Requirement in the Company's Governing Documents.
Vertex Pharmaceuticals Incorporated15 May 2024Shareholder proposal, if properly presented at the meeting, regarding special shareholder meeting improvement.
Analog Devices, Inc.13 Mar 2024Shareholder proposal regarding simple majority voting
WARNER BROS. DISCOVERY, INC.3 Jun 2024To vote on a stockholder proposal entitled, "Adopt a Shareholder Right to Call a Special Shareholder Meeting"
The Sherwin-Williams Company17 Apr 2024Shareholder proposal to adopt a simple majority vote.
FORD MOTOR COMPANY9 May 2024Relating to Consideration of a Recapitalization Plan to Provide That All of the Company's Outstanding...
General Mills, Inc.26 Sep 2023Shareholder Proposal - Adopt a Shareholder Right to Call a Special Shareholder Meeting.

Shares on loan

State Street and SPDR reported 47.05 billion shares on loan at record dates against 252.21 billion shares voted: 15.72% of the two together. Median family: 1.34%. 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 State Street and SPDR vote on executive pay?

In the year to 30 June 2024 State Street and SPDR reported 45,331 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 38,558 were for (85.1%), 6,773 against and 0 abstentions. Counting one item per company meeting, it voted against management on 130 of the 3,129 say-on-pay items it marked either way.

How often does State Street and SPDR vote against management?

19.0% of the time in the year to 30 June 2024: 175,192 of the 919,879 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 State Street and SPDR support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 5,543 votes on proposals from security holders in the year to 30 June 2024 and voted for 1,173 of them (21.2%). Across every category it voted for 49.8% 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 State Street and SPDR family page · All filers in the year to 30 June 2024

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