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VanEck
One season of the VanEck record. The family page shows the latest season.
- Vote records reported
- 34,656year to 30 June 2025
- Against management
- 11.0%3,639 of 33,111 marked votes
- Say-on-pay support
- 84.3%for, of for + against + abstain
- Shareholder-proposal support
- 41.5%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
VanEck reported 34,656 vote records for the year to 30 June 2025. It marked 11.0% of its votes as cast against management (3,639 of 33,111), 3.4 percentage points above the median of the fund families tracked here, which was 7.6%.
Weighted by the number of shares voted, the against-management share is 16.4%. 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 84.3% of the section 14A say-on-pay items it reported (the median of the fund families tracked here: 88.8%) and it voted for 41.5% 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 INVESTMENT COMPANY MATTERS (55.6% of 239), OTHER SOCIAL ISSUES (36.4% of 264) and SHAREHOLDER RIGHTS AND DEFENSES (30.7% of 322).
It reported 4.49 billion shares out on loan at record dates, 4.74% 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 | 11.0% | 7.6% | 9.7% |
| Say-on-pay support rate | 84.3% | 88.8% | 84.3% |
| Shareholder-proposal support rate | 41.5% | 29.5% | 33.0% |
| Shares on loan, share of shares held | 4.74% | 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% |
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 | 16,993 | 14,963 | 1,033 | 9.6% | |
| SECTION 14A SAY-ON-PAY VOTES | 1,873 | 1,499 | 272 | 15.5% | |
| AUDIT-RELATED | 2,389 | 2,218 | 84 | 6.6% | |
| INVESTMENT COMPANY MATTERS | 239 | 106 | 68 | 55.6% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 372 | 319 | 40 | 30.7% | |
| EXTRAORDINARY TRANSACTIONS | 360 | 327 | 20 | 5.2% | |
| CAPITAL STRUCTURE | 3,288 | 2,900 | 331 | 11.2% | |
| COMPENSATION | 2,853 | 2,340 | 466 | 16.1% | |
| CORPORATE GOVERNANCE | 5,589 | 4,964 | 452 | 8.5% | |
| ENVIRONMENT OR CLIMATE | 151 | 13 | 138 | 4.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 101 | 31 | 70 | 30.7% | |
| DIVERSITY, EQUITY, AND INCLUSION | 85 | 16 | 67 | 21.2% | |
| OTHER SOCIAL ISSUES | 266 | 134 | 127 | 36.4% | |
| OTHER | 17 | 12 | 5 | not reported |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 38,564 | 10.9% | 83.3% | 35.1% | |
| year to 30 June 2025 | 34,656 | 11.0% | 84.3% | 41.5% | |
| year to 30 June 2026 | 37,716 | 11.2% | 83.2% | 44.4% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, VanEck voted against management on 98 of the 624 it marked either way (15.7%) in the year to 30 June 2025. The 40 companies with the most reporting filers are listed.
- Salesforce, Inc. 5 Jun 2025
- Cisco Systems, Inc. 9 Dec 2024
- Thermo Fisher Scientific Inc. 21 May 2025
- GE Aerospace 6 May 2025
- Starbucks Corporation 12 Mar 2025
- Advanced Micro Devices, Inc. 14 May 2025
- CVS Health Corporation 15 May 2025
- Palo Alto Networks, Inc. 10 Dec 2024
- Micron Technology, Inc. 16 Jan 2025
- Corteva, Inc. 30 Apr 2025
- Otis Worldwide Corporation 15 May 2025
- VIATRIS INC. 6 Dec 2024
- Marvell Technology, Inc. 13 Jun 2025
- Nucor Corporation 8 May 2025
- Occidental Petroleum Corporation 2 May 2025
- Ross Stores, Inc. 21 May 2025
- The Estee Lauder Companies Inc. 8 Nov 2024
- Workday, Inc. 4 Jun 2025
- The Trade Desk, Inc. 27 May 2025
- IQVIA Holdings Inc. 24 Apr 2025
- ORGANON & CO. 10 Jun 2025
- Fortive Corporation 3 Jun 2025
- CoStar Group, Inc. 26 Jun 2025
- Take-Two Interactive Software, Inc. 18 Sep 2024
- ON Semiconductor Corporation 15 May 2025
- Moderna, Inc. 30 Apr 2025
- International Flavors & Fragrances Inc. 1 May 2025
- SHOPIFY INC. 17 Jun 2025
- Roblox Corporation 29 May 2025
- Cloudflare, Inc. 5 Jun 2025
- Rivian Automotive, Inc. 18 Jun 2025
- Zoom Communications, Inc. 12 Jun 2025
- Las Vegas Sands Corp. 15 May 2025
- SS&C Technologies Holdings, Inc. 21 May 2025
- Zscaler, Inc. 10 Jan 2025
- Bunge Global SA 15 May 2025
- FMC Corporation 29 Apr 2025
- Roku, Inc. 11 Jun 2025
- SEI Investments Company 28 May 2025
- The Carlyle Group Inc. 29 May 2025
Shareholder proposals it supported
Of 339 proposals from security holders that could be told apart in the filings and on which it cast a vote, VanEck voted for 128 (37.8%). 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 |
|---|---|---|
| Microsoft Corporation | 10 Dec 2024 | Report on Risks of Weapons Development |
| Microsoft Corporation | 10 Dec 2024 | Report on AI Misinformation and Disinformation |
| Microsoft Corporation | 10 Dec 2024 | Report on AI Data Sourcing Accountability |
| Amazon.com, Inc. | 21 May 2025 | Shareholder proposal requesting a report on warehouse working conditions |
| Amazon.com, Inc. | 21 May 2025 | Shareholder proposal requesting a report on data dosage oversight in AI offerings |
| Amazon.com, Inc. | 21 May 2025 | Shareholder Proposal Regarding Separation of CEO and Chair Positions |
| NVIDIA Corporation | 25 Jun 2025 | Approval of a stockholder proposal to modify existing reporting on workforce data. |
| NVIDIA Corporation | 25 Jun 2025 | S/H Proposal - Corporate Governance |
| Apple Inc. | 25 Feb 2025 | A shareholder proposal entitled "Report on Ethical AI Data Acquisition and Usage" |
| Apple Inc. | 25 Feb 2025 | A shareholder proposal entitled "Report on Costs and Benefits of Child Sex Abuse Material-Identifying... |
| 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 hate targeting marginalized communities. |
| 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 |
| Meta Platforms, Inc. | 28 May 2025 | A shareholder proposal regarding dual class capital structure. |
| Visa Inc. | 28 Jan 2025 | S/H Proposal - Corporate Governance |
| JPMorgan Chase & Co. | 20 May 2025 | Support for an independent board chairman |
| UnitedHealth Group Incorporated | 2 Jun 2025 | If properly presented at the 2025 Annual Meeting of Shareholders, the shareholder proposal requesting a... |
| The Home Depot, Inc. | 22 May 2025 | Shareholder Proposal Regarding Independent Board Chair |
| Merck & Co., Inc. | 27 May 2025 | Shareholder proposal regarding a tax transparency report. |
| Netflix, Inc. | 5 Jun 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| Walmart Inc. | 5 Jun 2025 | Racial Equity Audit |
| PEPSICO, INC. | 7 May 2025 | Shareholder Proposal - Third-Party Racial Equity Audit. |
| Adobe Inc. | 22 Apr 2025 | Stockholder Proposal Regarding Vote on Golden Parachutes. |
| Comcast Corporation | 18 Jun 2025 | Adopt policy for an independent chair |
| International Business Machines Corporation | 29 Apr 2025 | Stockholder Proposal to Support Transparency in Lobbying |
| RTX CORPORATION | 1 May 2025 | Shareowner Proposal Requesting a Lobbying Transparency Report |
| Texas Instruments Incorporated | 17 Apr 2025 | Stockholder proposal to permit a combined 10% of stockholders to call a special meeting. |
| NIKE, Inc. | 10 Sep 2024 | To consider a shareholder proposal regarding Environmental Targets |
| Starbucks Corporation | 12 Mar 2025 | Shareholder proposal regarding independent board chair requirements |
| Advanced Micro Devices, Inc. | 14 May 2025 | Amend Right to Call Special Meeting |
| Gilead Sciences, Inc. | 7 May 2025 | To vote on a stockholder proposal requesting a comprehensive human rights policy and human rights due... |
| 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 |
| Target Corporation | 11 Jun 2025 | Shareholder proposal requesting a report on how affirmative action initiatives impact Target's risks... |
| Deere & Company | 26 Feb 2025 | Shareholder proposal on a civil rights audit |
| DUKE ENERGY CORPORATION | 1 May 2025 | Shareholder proposal regarding support simple majority vote |
| LOCKHEED MARTIN CORPORATION | 9 May 2025 | Stockholder Proposal Requesting Shareholder Approval Requirement for Excessive Golden Parachutes |
Shares on loan
VanEck reported 4.49 billion shares on loan at record dates against 90.16 billion shares voted: 4.74% 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 VanEck vote on executive pay?
In the year to 30 June 2025 VanEck reported 1,779 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 1,499 were for (84.3%), 272 against and 8 abstentions. Counting one item per company meeting, it voted against management on 98 of the 624 say-on-pay items it marked either way.
How often does VanEck vote against management?
11.0% of the time in the year to 30 June 2025: 3,639 of the 33,111 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 VanEck support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 144 votes on proposals from security holders in the year to 30 June 2025 and voted for 6 of them (4.2%). Across every category it voted for 41.5% 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 VanEck 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 VanEck, read as filed and not verified by the SEC. Filings read through 23 Sep 2026; page built 26 Sep 2026.