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VANGUARD QUANTITATIVE FUNDS
fund voting report, part of Vanguard
- Vote records reported
- 10,646year to 30 June 2026
- Against management
- 8.8%927 of 10,550 marked votes
- Say-on-pay support
- 89.3%for, of for + against + abstain
- Shareholder-proposal support
- 36.7%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2026, VANGUARD QUANTITATIVE FUNDS reported 10,646 vote records on Form N-PX. 927 of the 10,550 votes that were marked for or against management went against management: 8.8%, 2.6 percentage points above the median fund registrant (6.2%).
Weighted by the number of shares voted, the against-management share is 7.5%. 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 89.3% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 36.7% 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 (35.8% of 95), CORPORATE GOVERNANCE (28.9% of 412) and COMPENSATION (19.6% of 331).
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 | 8.8% | 6.2% | 10.6% |
| Say-on-pay support rate | 89.3% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 36.7% | 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 | 6,865 | 6,352 | 177 | 7.3% | |
| SECTION 14A SAY-ON-PAY VOTES | 1,652 | 1,390 | 166 | 10.1% | |
| AUDIT-RELATED | 829 | 828 | 0 | 0.0% | |
| INVESTMENT COMPANY MATTERS | 2 | 2 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 98 | 76 | 20 | 35.8% | |
| EXTRAORDINARY TRANSACTIONS | 39 | 37 | 2 | 2.6% | |
| CAPITAL STRUCTURE | 139 | 131 | 8 | 11.7% | |
| COMPENSATION | 336 | 262 | 73 | 19.6% | |
| CORPORATE GOVERNANCE | 416 | 333 | 81 | 28.9% | |
| ENVIRONMENT OR CLIMATE | 94 | 7 | 87 | 2.1% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 56 | 10 | 46 | 8.9% | |
| DIVERSITY, EQUITY, AND INCLUSION | 53 | 8 | 45 | 5.7% | |
| OTHER SOCIAL ISSUES | 121 | 26 | 95 | 15.7% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 13,193 | 9.3% | 89.2% | 36.5% | |
| year to 30 June 2025 | 11,203 | 8.4% | 89.4% | 29.3% | |
| year to 30 June 2026 | 10,646 | 8.8% | 89.3% | 36.7% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, VANGUARD QUANTITATIVE FUNDS voted against management on 58 of the 641 it marked either way (9.0%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.
- Alphabet Inc. 5 Jun 2026
- Broadcom Inc. 20 Apr 2026
- Oracle Corporation 18 Nov 2025
- Berkshire Hathaway Inc. 2 May 2026
- Thermo Fisher Scientific Inc. 20 May 2026
- Tesla, Inc. 6 Nov 2025
- Comcast Corporation 10 Jun 2026
- PALANTIR TECHNOLOGIES INC. 3 Jun 2026
- Capital One Financial Corporation 8 May 2026
- Arista Networks, Inc. 29 May 2026
- WARNER BROS. DISCOVERY, INC. 23 Apr 2026
- WARNER BROS. DISCOVERY, INC. 9 Jun 2026
- T-Mobile US, Inc. 16 Jun 2026
- FedEx Corporation 29 Sep 2025
- The Bank of New York Mellon Corporation 14 Apr 2026
- Dell Technologies Inc. 25 Jun 2026
- Snowflake Inc. 29 Jun 2026
- Simon Property Group, Inc. 13 May 2026
- AppLovin Corporation 3 Jun 2026
- American International Group, Inc. 13 May 2026
- Crown Castle Inc. 20 May 2026
- Cloudflare, Inc. 30 Jun 2026
- Expedia Group, Inc. 17 Jun 2026
- SHOPIFY INC. 16 Jun 2026
- Fidelity National Information Services, Inc. 10 Jun 2026
- Roblox Corporation 28 May 2026
- Global Payments Inc. 30 Apr 2026
- Tyson Foods, Inc. 5 Feb 2026
- Skyworks Solutions, Inc. 13 May 2026
- Moderna, Inc. 6 May 2026
- Match Group, Inc. 16 Jun 2026
- Unity Software Inc. 13 May 2026
- Clear Secure, Inc. 10 Jun 2026
- The Boston Beer Company, Inc. 27 May 2026
- TG Therapeutics, Inc. 11 Jun 2026
- Customers Bancorp, Inc. 26 May 2026
- Innovative Industrial Properties, Inc. 9 Jun 2026
- Walker & Dunlop, Inc. 19 May 2026
- Navitas Semiconductor Corporation 25 Jun 2026
- Opendoor Technologies Inc. 11 Jun 2026
Shareholder proposals it supported
Of 282 proposals from security holders that could be told apart in the filings and on which it cast a vote, VANGUARD QUANTITATIVE FUNDS voted for 106 (37.6%). 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 |
|---|---|---|
| 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 |
| Visa Inc. | 27 Jan 2026 | Shareholder proposal on shareholder right to act by written consent. |
| JPMorgan Chase & Co. | 19 May 2026 | Independent board chairman |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair. |
| AbbVie Inc. | 8 May 2026 | Stockholder Proposal - to Adopt a Policy to Require an Independent Chair |
| Netflix, Inc. | 4 Jun 2026 | Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent," |
| CHEVRON CORPORATION | 27 May 2026 | Adopt an Independent Chair |
| Bank of America Corporation | 4 May 2026 | Shareholder proposal requesting independent board chair |
| PEPSICO, INC. | 6 May 2026 | Shareholder Proposal - Independent Board Chair. |
| 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 |
| Advanced Micro Devices, Inc. | 13 May 2026 | Stockholder proposal requesting changes to the stockholder right to call a special meeting. |
| McDonald's Corporation | 20 May 2026 | Advisory Vote to Adopt Policy for an Independent Chair. |
| McDonald's Corporation | 20 May 2026 | Advisory Vote on Shareholders' Right to Act by Written Consent. |
| NextEra Energy, Inc. | 21 May 2026 | Report on Plans to Reduce and Align GHG Emissions with Paris Agreement Goals |
| QUALCOMM Incorporated | 17 Mar 2026 | Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting." |
| International Business Machines Corporation | 28 Apr 2026 | Stockholder Proposal Requesting a Right to Act by Written Consent |
| CATERPILLAR INC. | 10 Jun 2026 | Shareholder Proposal - Shareholder Right to Act by Written Consent |
| AT&T INC. | 14 May 2026 | EEO-1 Report Disclosure Policy |
| Wells Fargo & Company | 28 Apr 2026 | Require Independent Board Chair |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Energy Supply Ratio. |
| Amgen Inc. | 19 May 2026 | Stockholder proposal to require an independent board chairman. |
| ServiceNow, Inc. | 21 May 2026 | Shareholder proposal regarding shareholder right to act by written consent. |
| Texas Instruments Incorporated | 16 Apr 2026 | Stockholder proposal to permit stockholders to act by written consent. |
| Bristol-Myers Squibb Company | 5 May 2026 | Require Independent Board Chair |
| ConocoPhillips | 12 May 2026 | Stockholder Proposal - Independent Board Chairman. |
| Morgan Stanley | 14 May 2026 | Shareholder proposal requesting an independent Board Chairman |
| HONEYWELL INTERNATIONAL INC. | 22 May 2026 | Shareowner Proposal - Shareholder Right to Act by Written Consent. |
| Comcast Corporation | 10 Jun 2026 | Adopt policy to have an independent chair |
| PALANTIR TECHNOLOGIES INC. | 3 Jun 2026 | Stockholder proposal entitled "Political Spending Disclosure," |
| S&P Global Inc. | 20 May 2026 | Vote on a shareholder proposal to reduce the stock ownership threshold for calling a special shareholder... |
| Deere & Company | 25 Feb 2026 | Shareholder proposal on shareholder right to act by written consent |
| LOCKHEED MARTIN CORPORATION | 12 May 2026 | Stockholder Proposal Requiring Independent Board Chairman |
| Micron Technology, Inc. | 15 Jan 2026 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| Lam Research Corporation | 4 Nov 2025 | Stockholder proposal titled "Realistic Shareholder Ability to Call for a Special Shareholder Meeting," |
| Analog Devices, Inc. | 11 Mar 2026 | To consider a shareholder proposal |
| Booking Holdings Inc. | 2 Jun 2026 | Non-binding stockholder vote on a proposal to avoid brand damage due to corporate political spending. |
Shares on loan
VANGUARD QUANTITATIVE FUNDS 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
2 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 |
|---|---|---|---|---|
| VANGUARD GROWTH AND INCOME FUND | 10,623 | 8.8% | 90.1% | 36.7% |
| VANGUARD CORE-PLUS BOND INDEX ETF | 23 | not reported | not reported | not 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.
- N-PX filed 27 Aug 2026 accession 0001104659-26-102012
- N-PX filed 27 Aug 2026 accession 0001104659-26-102013
- Every N-PX filing by this filer on EDGAR
Questions
How did VANGUARD QUANTITATIVE FUNDS vote on executive pay?
In the year to 30 June 2026 VANGUARD QUANTITATIVE FUNDS reported 1,556 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 1,390 were for (89.3%), 166 against and 0 abstentions. Counting one item per company meeting, it voted against management on 58 of the 641 say-on-pay items it marked either way.
How often does VANGUARD QUANTITATIVE FUNDS vote against management?
8.8% of the time in the year to 30 June 2026: 927 of the 10,550 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 VANGUARD QUANTITATIVE FUNDS support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 89 votes on proposals from security holders in the year to 30 June 2026 and voted for 2 of them (2.2%). Across every category it voted for 36.7% 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 VANGUARD QUANTITATIVE FUNDS (filer no. 799127), 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.