You Own Wall Street › Funds › T. Rowe Price U.S. Equity Research Fund
T. Rowe Price U.S. Equity Research Fund proxy voting record
T. Rowe Price U.s. Equity Research Fund files this fund's proxy votes with the SEC once a year. This is what it did with the shares your retirement savings paid for.
SourceProxy-voting record filed by T. Rowe Price U.s. Equity Research Fund on 2025-08-29 · open the filing · vote table (ProxyVotingTable.xml, 3.4 MB)
How it voted, by issue
Proposals are grouped by the subject the filer itself recorded. On management's own executive pay resolutions, this fund voted in favour 95.5% of the time across 242 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 99 | 0 | 0% |
| Workers & human rights | 21 | 0 | 0% |
| Pay equity & inclusion | 17 | 0 | 0% |
| Executive pay | 22 | 0 | 0% |
| Corporate governance | 75 | 8 | 10.7% |
| Other social issues | 40 | 2 | 5% |
What it holds
The largest positions this fund reported, as a share of the fund. Your slice of each is that percentage of your balance.
| Company | % of fund |
|---|---|
| Nvidia Corp | 7.38% |
| Apple Inc | 6.50% |
| Microsoft Corp | 4.34% |
| Amazon.com Inc | 3.71% |
| Alphabet Inc Cl C | 3.37% |
| Alphabet Inc Cl a | 2.65% |
| Broadcom Inc | 2.64% |
| Micron Technology Inc | 2.04% |
| Meta Platforms Inc-Class a | 2.03% |
| Advanced Micro Devices | 1.77% |
| Tesla Inc | 1.77% |
| Eli Lilly & Co | 1.54% |
SourcePortfolio holdings as reported by the fund for 2026-06-30 · open the filing
Ballots it voted
Amazon.com, Inc. · 21 May 2025 · put on the ballot by shareholder · Climate & environment
Should Amazon.com publish a fuller account of its emissions and how it plans to cut them?
Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.
AGAINST T. Rowe Price U.S. Equity Research Fund voted with 2,742,540 shares
“SHAREHOLDER PROPOSAL REQUESTING ALTERNATIVE EMISSIONS REPORTING”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceT. Rowe Price U.s. Equity Research Fund, Form N-PX filed 2025-08-29 · accession 0001021408-25-004377 · series S000002071 · open the filing
Amazon.com, Inc. · 21 May 2025 · put on the ballot by shareholder · Climate & environment
Should Amazon.com report what its data centres do to its climate commitments?
Shareholders asked for a report on the electricity and water its data-centre build-out consumes, and on whether the growth in that demand can be squared with the emissions targets the company has already committed to.
AGAINST T. Rowe Price U.S. Equity Research Fund voted with 2,742,540 shares
“SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL REPORTING ON IMPACT OF DATA CENTERS ON CLIMATE COMMITMENTS”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceT. Rowe Price U.s. Equity Research Fund, Form N-PX filed 2025-08-29 · accession 0001021408-25-004377 · series S000002071 · open the filing
Amazon.com, Inc. · 21 May 2025 · put on the ballot by shareholder · Workforce & human rights
Should Amazon.com publish a report on working conditions inside its warehouses?
Shareholders asked the board to commission and publish a report on working conditions in the company’s warehouses — injury and illness rates, the effect of productivity quotas and the pace of work, and how the company’s own practices compare with what it says publicly.
AGAINST T. Rowe Price U.S. Equity Research Fund voted with 2,742,540 shares
“SHAREHOLDER PROPOSAL REQUESTING A REPORT ON WAREHOUSE WORKING CONDITIONS”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceT. Rowe Price U.s. Equity Research Fund, Form N-PX filed 2025-08-29 · accession 0001021408-25-004377 · series S000002071 · open the filing
Microsoft Corporation · 10 December 2024 · put on the ballot by shareholder · Workforce & human rights
Should Microsoft assess the human rights risks its own operations create?
Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.
AGAINST T. Rowe Price U.S. Equity Research Fund voted with 1,959,901 shares
“Report on Data Operations in Human Rights Hotspots”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceT. Rowe Price U.s. Equity Research Fund, Form N-PX filed 2025-08-29 · accession 0001021408-25-004377 · series S000002071 · open the filing
Walmart Inc. · 5 June 2025 · put on the ballot by shareholder · Pay equity & inclusion
Should an independent auditor examine how Walmart affects civil rights?
Shareholders asked the board to commission an independent, third-party audit of the company’s impact on civil rights and racial equity — its workforce, its customers and the communities it operates in — and to publish what the auditor finds.
AGAINST T. Rowe Price U.S. Equity Research Fund voted with 1,313,617 shares
“Racial Equity Audit”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceT. Rowe Price U.s. Equity Research Fund, Form N-PX filed 2025-08-29 · accession 0001021408-25-004377 · series S000002071 · open the filing
The Procter & Gamble Company · 8 October 2024 · put on the ballot by shareholder · Pay equity & inclusion
Should Procter & Gamble publish the raw pay gap between its workers by gender and race?
Shareholders asked for “unadjusted” median pay gap figures — the plain difference between what women and men, and white and non-white employees, are paid across the whole company. Companies usually publish an adjusted number instead, which compares people in the same role and so cannot show whether one group is concentrated in the lower-paid roles.
AGAINST T. Rowe Price U.S. Equity Research Fund voted with 553,875 shares
“Shareholder Proposal - Pay Gap Reporting”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceT. Rowe Price U.s. Equity Research Fund, Form N-PX filed 2025-08-29 · accession 0001021408-25-004377 · series S000002071 · open the filing
Pfizer Inc. · 24 April 2025 · put on the ballot by shareholder · Executive pay
Should shareholders get a vote before Pfizer pays a departing executive?
Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.
AGAINST T. Rowe Price U.S. Equity Research Fund voted with 1,205,656 shares
“Shareholder Vote Regarding Golden Parachutes”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceT. Rowe Price U.s. Equity Research Fund, Form N-PX filed 2025-08-29 · accession 0001021408-25-004377 · series S000002071 · open the filing
Citigroup Inc. · 29 April 2025 · put on the ballot by shareholder · Executive pay
Should shareholders get a vote before Citigroup pays a departing executive?
Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.
AGAINST T. Rowe Price U.S. Equity Research Fund voted with 1,034,193 shares
“Stockholder proposal requesting a shareholder vote regarding excessive golden parachutes.”
The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.
SourceT. Rowe Price U.s. Equity Research Fund, Form N-PX filed 2025-08-29 · accession 0001021408-25-004377 · series S000002071 · open the filing
Retirement plans that offer it
Vote these ballots yourself
See how you would have voted, then what this fund did — one card at a time. Open the ballot deck →