Home / Filers / Advisers Investment Trust
Advisers Investment Trust
fund voting report
- Vote records reported
- 7,590year to 30 June 2026
- Against management
- 4.3%328 of 7,585 marked votes
- Say-on-pay support
- 93.7%for, of for + against + abstain
- Shareholder-proposal support
- 18.9%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Advisers Investment Trust reported 7,590 vote records for the year to 30 June 2026. It marked 4.3% of its votes as cast against management (328 of 7,585), 1.9 percentage points below the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 5.1%. 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 93.7% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 18.9% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (35.0% of 40), HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE (27.5% of 51) and COMPENSATION (14.8% of 216).
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 4.3% | 6.2% | 10.6% |
| Say-on-pay support rate | 93.7% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 18.9% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 0.00% | 0.00% | 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 | 5,410 | 5,263 | 62 | 2.7% | |
| SECTION 14A SAY-ON-PAY VOTES | 594 | 531 | 36 | 6.4% | |
| AUDIT-RELATED | 585 | 578 | 7 | 1.2% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 40 | 25 | 15 | 35.0% | |
| EXTRAORDINARY TRANSACTIONS | 45 | 38 | 7 | 11.1% | |
| CAPITAL STRUCTURE | 104 | 103 | 1 | 9.6% | |
| COMPENSATION | 216 | 178 | 38 | 14.8% | |
| CORPORATE GOVERNANCE | 404 | 219 | 185 | 10.3% | |
| ENVIRONMENT OR CLIMATE | 112 | 19 | 93 | 14.3% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 51 | 15 | 34 | 27.5% | |
| DIVERSITY, EQUITY, AND INCLUSION | 66 | 6 | 60 | 4.5% | |
| OTHER SOCIAL ISSUES | 161 | 24 | 133 | 12.4% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 7,493 | 6.3% | 96.9% | 28.5% | |
| year to 30 June 2025 | 7,299 | 4.9% | 95.4% | 26.7% | |
| year to 30 June 2026 | 7,590 | 4.3% | 93.7% | 18.9% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Advisers Investment Trust voted against management on 22 of the 312 it marked either way (7.1%) in the year to 30 June 2026.
- Oracle Corporation 18 Nov 2025
- Berkshire Hathaway Inc. 2 May 2026
- Thermo Fisher Scientific Inc. 20 May 2026
- Tesla, Inc. 6 Nov 2025
- Wells Fargo & Company 28 Apr 2026
- Adobe Inc. 15 Apr 2026
- BlackRock, Inc. 20 May 2026
- WARNER BROS. DISCOVERY, INC. 23 Apr 2026
- WARNER BROS. DISCOVERY, INC. 9 Jun 2026
- T-Mobile US, Inc. 16 Jun 2026
- Dell Technologies Inc. 25 Jun 2026
- AppLovin Corporation 3 Jun 2026
- SOLVENTUM CORPORATION 15 May 2026
- Omnicom Group Inc. 5 May 2026
- Workday, Inc. 16 Jun 2026
- The Estee Lauder Companies Inc. 13 Nov 2025
- Skyworks Solutions, Inc. 13 May 2026
- Moderna, Inc. 6 May 2026
- Paycom Software, Inc. 4 May 2026
- Lincoln National Corporation 28 May 2026
- Wingstop Inc. 21 May 2026
- Chemed Corporation 18 May 2026
Shareholder proposals it supported
Of 247 proposals from security holders that could be told apart in the filings and on which it cast a vote, Advisers Investment Trust voted for 46 (18.6%). 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 | 5 Dec 2025 | Report on Human Rights Due Diligence |
| Microsoft Corporation | 5 Dec 2025 | Report on Data Operations in Human Rights Hotspots |
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting reporting on greenhouse gas emissions from the... |
| 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 a report on AI data usage oversight |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| 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 |
| Tesla, Inc. | 6 Nov 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| Verizon Communications Inc. | 21 May 2026 | Board oversight of material issues related to climate change |
| QUALCOMM Incorporated | 17 Mar 2026 | Stockholder proposal entitled "Report on Risk of China Exposure." |
| AT&T INC. | 14 May 2026 | EEO-1 Report Disclosure Policy |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Energy Supply Ratio. |
| Bristol-Myers Squibb Company | 5 May 2026 | Require Independent Board Chair |
| The Goldman Sachs Group, Inc. | 29 Apr 2026 | Shareholder Proposal Regarding Disclosure of Energy Supply Ratio |
| Intel Corporation | 13 May 2026 | Stockholder proposal requesting a report on risk of China exposure. |
| Gilead Sciences, Inc. | 30 Apr 2026 | To vote on a stockholder proposal requesting a report on the impact of extended patent exclusivities on... |
| PALANTIR TECHNOLOGIES INC. | 3 Jun 2026 | Stockholder proposal entitled "Human Rights Impact Assessment," |
| PALANTIR TECHNOLOGIES INC. | 3 Jun 2026 | Stockholder proposal entitled "Political Spending Disclosure," |
| Deere & Company | 25 Feb 2026 | Shareholder proposal on shareholder right to act by written consent |
| Palo Alto Networks, Inc. | 9 Dec 2025 | To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding... |
| Booking Holdings Inc. | 2 Jun 2026 | Non-binding stockholder vote on a proposal to avoid brand damage due to corporate political spending. |
| 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 disclosure of voting results by share class. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding report on climate change-related commitments. |
| 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. |
| THE SOUTHERN COMPANY | 13 May 2026 | Stockholder proposal regarding a report on data center costs |
| O'Reilly Automotive, Inc. | 14 May 2026 | Shareholder proposal entitled "Avoid Brand Damage due to Corporate Political Spending." |
| Otis Worldwide Corporation | 27 May 2026 | Shareholder proposal regarding reporting on political contributions and expenditures |
| General Mills, Inc. | 30 Sep 2025 | Shareholder Proposal - Disclosure of Regenerative Agriculture Practices Within Supply Chain. |
| Cintas Corporation | 28 Oct 2025 | A shareholder proposal regarding support for shareholder ability to call for a special shareholder meeting. |
| AppLovin Corporation | 3 Jun 2026 | Stockholder proposal regarding disclosure of voting results by class of shares |
| Datadog, Inc. | 15 Jun 2026 | The stockholder proposal, if properly presented at the Annual Meeting, requesting the adoption of a simple... |
| NRG Energy, Inc. | 30 Apr 2026 | To vote on a stockholder proposal to give shareholders the ability to call for a special shareholder meeting |
| Edison International | 23 Apr 2026 | Shareholder Proposal Regarding Retention of Equity |
| Workday, Inc. | 16 Jun 2026 | To consider and vote upon a stockholder proposal regarding disclosure of employee retention rates by... |
| Workday, Inc. | 16 Jun 2026 | To consider and vote upon a stockholder proposal regarding disclosure of voting results based on share class. |
| Regions Financial Corporation | 6 May 2026 | Shareholder Proposal Relating to Special Shareholder Meeting. |
| ON Semiconductor Corporation | 14 May 2026 | To vote on a stockholder proposal regarding simple majority voting |
Shares on loan
Advisers Investment Trust reported no shares on loan for the year to 30 June 2026. 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.
Fund series in this filing
3 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.
| Series | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| State Farm Growth Fund | 3,780 | 4.3% | 94.3% | 18.7% |
| State Farm Balanced Fund | 3,326 | 4.1% | 94.0% | 19.1% |
| Independent Franchise Partners US Equity Fund | 484 | 5.8% | 79.2% | 20.0% |
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 10 Aug 2026 accession 0001398344-26-013911
- N-PX filed 19 Aug 2026 accession 0001398344-26-014937
- Every N-PX filing by this filer on EDGAR
Questions
How did Advisers Investment Trust vote on executive pay?
In the year to 30 June 2026 Advisers Investment Trust reported 567 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 531 were for (93.7%), 36 against and 0 abstentions. Counting one item per company meeting, it voted against management on 22 of the 312 say-on-pay items it marked either way.
How often does Advisers Investment Trust vote against management?
4.3% of the time in the year to 30 June 2026: 328 of the 7,585 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 Advisers Investment Trust support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 109 votes on proposals from security holders in the year to 30 June 2026 and voted for 16 of them (14.7%). Across every category it voted for 18.9% 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 this filer 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 by Advisers Investment Trust (filer no. 1516523), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.