Vote Scores

Home / Filers / Advisors' Inner Circle Fund III

Form N-PX · fund registrantSEC filer no. 1593547

Advisors' Inner Circle Fund III

fund voting report

Vote records reported
68,213year to 30 June 2026
Against management
19.1%12,486 of 65,390 marked votes
Say-on-pay support
82.8%for, of for + against + abstain
Shareholder-proposal support
53.5%for, of for + against + abstain
76.6% for13.5% against9.9% other19.1% against management68,211 votes

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

For the year to 30 June 2026, Advisors' Inner Circle Fund III reported 68,213 vote records on Form N-PX. 12,486 of the 65,390 votes that were marked for or against management went against management: 19.1%, 12.9 percentage points above the median fund registrant (6.2%).

Weighted by the number of shares voted, the against-management share is 6.9%. 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 82.8% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 53.5% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in AUDIT-RELATED (24.3% of 5,325), DIRECTOR ELECTIONS (22.0% of 37,465) and SHAREHOLDER RIGHTS AND DEFENSES (18.5% of 507).

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 2026This filerMedian fund registrantAll filers pooled
Against-management share19.1%6.2%10.6%
Say-on-pay support rate82.8%91.6%86.0%
Shareholder-proposal support rate53.5%27.5%33.9%
Shares on loan, share of shares held0.00%0.00%3.12%
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%
State Street and SPDR16.9%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)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS38,84128,9245,01322.0%
SECTION 14A SAY-ON-PAY VOTES4,4833,34769316.6%
AUDIT-RELATED5,4794,0001,29424.3%
INVESTMENT COMPANY MATTERS3300.0%
SHAREHOLDER RIGHTS AND DEFENSES5424129418.5%
EXTRAORDINARY TRANSACTIONS587520466.7%
CAPITAL STRUCTURE4,0743,7342295.8%
COMPENSATION4,0123,28360115.2%
CORPORATE GOVERNANCE8,6267,17270612.3%
ENVIRONMENT OR CLIMATE32610820316.1%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE171719115.9%
DIVERSITY, EQUITY, AND INCLUSION14546911.4%
OTHER SOCIAL ISSUES47117822810.6%
OTHER1,9711,66119212.6%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 202473,94818.3%76.6%52.1%
year to 30 June 202566,48219.2%74.3%48.4%
year to 30 June 202668,21319.1%82.8%53.5%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, Advisors' Inner Circle Fund III voted against management on 444 of the 2,609 it marked either way (17.0%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

A further 3 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.

Shareholder proposals it supported

Of 611 proposals from security holders that could be told apart in the filings and on which it cast a vote, Advisors' Inner Circle Fund III voted for 360 (58.9%). 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
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting a report on workforce civil liberties.
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on AI data usage oversight
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on AI-generated misinformation
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Alphabet Inc.5 Jun 2026Shareholder proposal regarding an enhanced disclosure on climate goals
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on politicized content moderation
Apple Inc.24 Feb 2026A shareholder proposal entitled "China Entanglement Audit"
Visa Inc.27 Jan 2026Shareholder proposal on shareholder right to act by written consent.
JPMorgan Chase & Co.19 May 2026Independent board chairman
JPMorgan Chase & Co.19 May 2026Lobbying alignment
Netflix, Inc.4 Jun 2026Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent,"
Netflix, Inc.4 Jun 2026Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES
Netflix, Inc.4 Jun 2026Stockholder proposal entitled, "Report on Politicized Brand Misalignment,"
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Biodiversity Impact and Dependency Assessment
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Packaging Policies for Plastics
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Independent Board Chair
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Sufficiency of Associates' Access to Healthcare
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Discrimination in Charitable Support
The Procter & Gamble Company14 Oct 2025Shareholder Proposal Requesting Additional Reporting on Plastic Packaging
Walmart Inc.4 Jun 2026Report on Workplace Health and Safety Governance
Walmart Inc.4 Jun 2026Human rights or human capital/workforce
Walmart Inc.4 Jun 2026Report on Immigration Policy & Enforcement
Walmart Inc.4 Jun 2026Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES
The Walt Disney Company18 Mar 2026Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES
The Walt Disney Company18 Mar 2026Shareholder proposal, if properly presented at the meeting, requesting a report on how the employee...
Tesla, Inc.6 Nov 2025A shareholder proposal regarding adopting targets and reporting on metrics to assess the feasibility of...
Tesla, Inc.6 Nov 2025A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold.
Tesla, Inc.6 Nov 2025A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to...
Tesla, Inc.6 Nov 2025Declassify the Board of Directors
Tesla, Inc.6 Nov 2025Shareholder proposal: CORPORATE GOVERNANCE
Advanced Micro Devices, Inc.13 May 2026Stockholder proposal requesting changes to the stockholder right to call a special meeting.
Salesforce, Inc.28 May 2026Advisory vote to ratify named executive officers' compensation
McDonald's Corporation20 May 2026Advisory Vote to Adopt Policy for an Independent Chair.
McDonald's Corporation20 May 2026Advisory Vote on Shareholders' Right to Act by Written Consent.
QUALCOMM Incorporated17 Mar 2026Stockholder proposal entitled "Report on Risk of China Exposure."
QUALCOMM Incorporated17 Mar 2026Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting."
International Business Machines Corporation28 Apr 2026Stockholder Proposal Requesting a Right to Act by Written Consent
International Business Machines Corporation28 Apr 2026Amend Stock Ownership Guidelines for Outside Directors
International Business Machines Corporation28 Apr 2026Stockholder Proposal Requesting a Report on Discrimination in Charitable Support
International Business Machines Corporation28 Apr 2026Stockholder Proposal Requesting a Report on AI Bias

Shares on loan

Advisors' Inner Circle Fund III 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

41 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.

SeriesVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
Knights of Columbus U.S. All Cap Index Fund25,76734.1%81.5%83.9%
PineBridge Dynamic Asset Allocation Fund11,2597.5%90.6%34.0%
Rayliant NxtGen Multifactor Emerging Markets Equity ETF2,9260.3%not reported0.0%
Knights of Columbus International Equity Fund1,64012.4%not reported86.4%
GQG Partners Emerging Markets Equity Fund1,4882.1%not reported48.4%
Strategas Global Policy Opportunities ETF1,3756.5%93.5%not reported
Rayliant NxtGen Multifactor US Equity ETF1,2830.0%not reportednot reported
Redwheel Global Emerging Equity Fund1,2319.6%90.0%91.7%
GQG Partners International Quality Value Fund1,1671.7%not reported52.9%
ARGA International Value Fund1,1256.6%not reported0.0%
Knights of Columbus Large Cap Value Fund1,08735.4%89.0%80.0%
Knights of Columbus Long/Short Equity Fund1,07330.1%79.5%74.3%
Knights of Columbus Large Cap Growth Fund1,06834.8%84.0%76.0%
ARGA Emerging Markets Value Fund99411.5%not reported80.0%
GQG Partners Global Quality Equity Fund9391.1%100.0%15.0%
Knights of Columbus Small Cap Equity Fund91027.8%86.9%not reported
Nicholas Partners Small Cap Growth Fund79111.5%87.2%not reported
GQG Partners Global Quality Value Fund7912.0%100.0%37.9%
Brown Advisory International Value Select ETF7864.7%87.5%not reported
CCT Thematic Equity Fund6448.4%78.6%24.1%
KBI Global Investors Aquarius Fund62619.0%48.5%not reported
ARGA Value Fund6057.1%81.4%52.0%
Democratic Large Cap Core ETF6007.3%90.7%35.1%
Brown Advisory Flexible Equity ETF5994.2%97.5%16.4%
GQG Partners US Quality Value Fund5970.2%100.0%0.0%
Knights of Columbus Real Estate Fund58136.0%72.5%not reported
GQG US Equity ETF5610.7%100.0%2.8%
Rayliant Quantamental China Equity ETF5570.0%not reportednot reported
GQG Partners US Select Quality Equity Fund5550.5%100.0%0.0%
Penn Mutual AM 1847 Income Fund55410.8%not reportednot reported
Ecofin Global Renewables Infrastructure Fund54215.5%80.0%37.5%
Brown Advisory Sustainable Value ETF5423.7%93.2%13.3%
First Foundation Total Return Fund4830.3%100.0%0.0%
The Democracy International Fund4436.0%90.0%20.0%
Strategas Macro Thematic Opportunities ETF4168.0%83.3%not reported
Strategas Macro Momentum ETF3998.2%92.6%not reported
Brown Advisory Sustainable Growth ETF3846.8%96.4%15.6%
Rayliant SMDAM Japan Equity ETF3490.0%not reportednot reported
SouthernSun U.S. Equity Fund2290.0%100.0%not reported
SouthernSun Small Cap Fund2170.0%100.0%not reported
First Foundation Fixed Income Fund300.0%not reportednot reported

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.

Questions

How did Advisors' Inner Circle Fund III vote on executive pay?

In the year to 30 June 2026 Advisors' Inner Circle Fund III reported 4,040 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 3,347 were for (82.8%), 693 against and 0 abstentions. Counting one item per company meeting, it voted against management on 444 of the 2,609 say-on-pay items it marked either way. A further 3 say-on-pay items were reported without a management mark and are not counted in that figure.

How often does Advisors' Inner Circle Fund III vote against management?

19.1% of the time in the year to 30 June 2026: 12,486 of the 65,390 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 Advisors' Inner Circle Fund III support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 234 votes on proposals from security holders in the year to 30 June 2026 and voted for 48 of them (20.5%). Across every category it voted for 53.5% 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 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 Advisors' Inner Circle Fund III (filer no. 1593547), 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.