Home / Filers / Degroof Petercam Asset Management
Degroof Petercam Asset Management
institutional manager voting report
- Vote records reported
- 253year to 30 June 2024
- Against management
- 51.3%118 of 230 marked votes
- Say-on-pay support
- 44.3%for, of for + against + abstain
- Shareholder-proposal support
- not reportednot reported by managers
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2024, Degroof Petercam Asset Management reported 253 vote records on Form N-PX. 118 of the 230 votes that were marked for or against management went against management: 51.3%, 43.9 percentage points above the median institutional manager (7.4%).
Weighted by the number of shares voted, the against-management share is 35.1%. 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 44.3% of the section 14A say-on-pay items it reported (the median institutional manager: 91.2%).
By category, votes against management were most frequent in SECTION 14A SAY-ON-PAY VOTES (51.3% of 230).
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 2,487 institutional managers with at least 25 vote records in the season.
| year to 30 June 2024 | This filer | Median institutional manager | All filers pooled |
|---|---|---|---|
| Against-management share | 51.3% | 7.4% | 10.2% |
| Say-on-pay support rate | 44.3% | 91.2% | 84.6% |
| Shareholder-proposal support rate | not reported | 33.3% | 37.0% |
| Shares on loan, share of shares held | 0.00% | 0.00% | 0.08% |
| 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 |
|---|---|---|---|---|---|
| SECTION 14A SAY-ON-PAY VOTES | 251 | 94 | 94 | 51.3% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 253 | 51.3% | 44.3% | not reported |
Only one season is on file for this entry so far. The structured Form N-PX began with the year to 30 June 2024.
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Degroof Petercam Asset Management voted against management on 91 of the 177 it marked either way (51.4%) in the year to 30 June 2024. The 40 companies with the most reporting filers are listed.
A further 2 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- Visa Inc. 23 Jan 2024
- Merck & Co., Inc. 28 May 2024
- Johnson & Johnson 25 Apr 2024
- The Home Depot, Inc. 16 May 2024
- Cisco Systems, Inc. 6 Dec 2023
- EXXON MOBIL CORPORATION 29 May 2024
- Eli Lilly and Company 6 May 2024
- CHEVRON CORPORATION 29 May 2024
- Salesforce, Inc. 27 Jun 2024
- Broadcom Inc. 22 Apr 2024
- Bank of America Corporation 24 Apr 2024
- The Walt Disney Company 3 Apr 2024
- Walmart Inc. 5 Jun 2024
- Abbott Laboratories 26 Apr 2024
- Oracle Corporation 15 Nov 2023
- Union Pacific Corporation 9 May 2024
- Tesla, Inc. 13 Jun 2024
- Danaher Corporation 7 May 2024
- Intel Corporation 7 May 2024
- NextEra Energy, Inc. 23 May 2024
- Starbucks Corporation 13 Mar 2024
- Applied Materials, Inc. 7 Mar 2024
- United Parcel Service, Inc. 2 May 2024
- Deere & Company 28 Feb 2024
- Gilead Sciences, Inc. 8 May 2024
- Citigroup Inc. 30 Apr 2024
- Automatic Data Processing, Inc. 8 Nov 2023
- BlackRock, Inc. 15 May 2024
- Morgan Stanley 23 May 2024
- Prologis, Inc. 9 May 2024
- Waste Management, Inc. 14 May 2024
- Uber Technologies, Inc. 6 May 2024
- The Cigna Group 24 Apr 2024
- Lam Research Corporation 7 Nov 2023
- Air Products and Chemicals, Inc. 25 Jan 2024
- VERALTO CORPORATION 21 May 2024
- CSX Corporation 8 May 2024
- The PNC Financial Services Group, Inc. 24 Apr 2024
- Marsh & McLennan Companies, Inc. 16 May 2024
- Otis Worldwide Corporation 16 May 2024
Shareholder proposals it supported
Institutional managers report say-on-pay votes only, so no shareholder proposals appear here.
Shares on loan
Degroof Petercam Asset Management reported no shares on loan for the year to 30 June 2024. 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.
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/A filed 3 Sep 2024 accession 0001998532-24-000014
- Every N-PX filing by this filer on EDGAR
Questions
How did Degroof Petercam Asset Management vote on executive pay?
In the year to 30 June 2024 Degroof Petercam Asset Management reported 212 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 94 were for (44.3%), 94 against and 24 abstentions. Counting one item per company meeting, it voted against management on 91 of the 177 say-on-pay items it marked either way. A further 2 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does Degroof Petercam Asset Management vote against management?
51.3% of the time in the year to 30 June 2024: 118 of the 230 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.
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 30 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by Degroof Petercam Asset Management (filer no. 1998532), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 30 Sep 2026; page built 1 Oct 2026.