# EDGAR Filing Document

**Accession Number:** 0001838211
**File Stem:** 0001838211-25-000009
**Filing Date:** 2025-8
**Character Count:** 10915
**Document Hash:** a3d130e3df29b745e2580505402a8dff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001838211-25-000009.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001838211-25-000009

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**EFFECTIVENESS DATE**: 20250822

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Venator Management LLC
- **CENTRAL INDEX KEY:** 0001838211

**ORGANIZATION NAME:**
- **EIN:** 464033705
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20733
- **FILM NUMBER:** 251245651

**BUSINESS ADDRESS:**
- **STREET 1:** 615 WASHINGTON ROAD, SUITE 106
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15228-1926
- **BUSINESS PHONE:** 4125863744

**MAIL ADDRESS:**
- **STREET 1:** 615 WASHINGTON ROAD, SUITE 106
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15228-1926

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001838211

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Venator Management LLC

**Address:** 615 Washington Road, Pittsburgh, PA 15228

**Telephone number:** 412-586-3744

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-20733

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                    | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                            | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| OSCAR HEALTH, INC.                | 687793109 | 06/04/2025     | APPROVAL, ON AN ADVISORY (NON-BINDING) BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |         125000 |                0 | FOR         |                                   125000 | FOR                         |  |
| XPEL INC                          | 98379L100 | 06/04/2025     | TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |          50000 |                0 | FOR         |                                    50000 | FOR                         |  |
| AMICUS THERAPEUTICS, INC.         | 03152W109 | 06/05/2025     | APPROVAL, ON AN ADVISORY BASIS, THE COMPANY'S EXECUTIVE COMPENSATION                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           5000 |                0 | AGAINST     |                                     5000 | AGAINST                     |  |
| THE BALDWIN INSURANCE GROUP, INC. | 05589G102 | 06/05/2025     | TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         745145 |                0 | FOR         |                                   745145 | FOR                         |  |
| NETFLIX, INC.                     | 64110L106 | 06/05/2025     | ADVISORY APPROVAL OF NAMED EXECUTIVE OFFICER COMPENSATION.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |          24967 |                0 | FOR         |                                    24967 | FOR                         |  |
| CAESARS ENTERTAINMENT, INC.       | 12769G100 | 06/10/2025     | COMPANY PROPOSAL: ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         192925 |                0 | FOR         |                                   192925 | FOR                         |  |
| EXACT SCIENCES CORPORATION        | 30063P105 | 06/12/2025     | TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            200 |                0 | AGAINST     |                                      200 | AGAINST                     |  |
| UBER TECHNOLOGIES, INC.           | 90353T100 | 05/05/2025     | ADVISORY VOTE TO APPROVE 2024 NAMED EXECUTIVE OFFICER COMPENSATION                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         401750 |                0 | FOR         |                                   401750 | FOR                         |  |
| NVR, INC.                         | 62944T105 | 05/06/2025     | ADVISORY VOTE TO APPROVE COMPENSATION PAID TO CERTAIN EXECUTIVE OFFICERS                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           2696 |                0 | FOR         |                                     2696 | FOR                         |  |
| CAPITAL ONE FINANCIAL             | 14040H105 | 05/08/2025     | ADVISORY VOTE ON OUR NAMED EXECUTIVE OFFICER COMPENSATION (SAY ON PAY)                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |          51215 |                0 | FOR         |                                    51215 | FOR                         |  |
| AMERICAN COASTAL INSURANCE CORP   | 910710102 | 05/19/2025     | APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS AS DESCRIBED IN THE PROXY STATEMENT                                                                           | SECTION 14A SAY-ON-PAY VOTES |           1190 |                0 | FOR         |                                     1190 | FOR                         |  |
| AMERICAN COASTAL INSURANCE CORP   | 910710102 | 05/19/2025     | APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY OF HOLDING FUTURE ADVISORY VOTES ON THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS                                                             | SECTION 14A SAY-ON-PAY VOTES |           1190 |                0 | 2 YEARS     |                                     1190 | AGAINST                     |  |
| JP MORGAN CHASE  CO.              | 46625H100 | 05/20/2025     | ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          55695 |                0 | FOR         |                                    55695 | FOR                         |  |
| AMAZON.COM, INC.                  | 023135106 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         183390 |                0 | FOR         |                                   183390 | FOR                         |  |
| META PLATFORMS, INC.              | 30303M102 | 05/28/2025     | TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION PROGRAM FOR META PLATFORMS, INC.'S NAMED EXECUTIVE OFFICERS AS DISCLOSED IN META PLATFORMS, INC.'S PROXY STATEMENT.                           | SECTION 14A SAY-ON-PAY VOTES |          54872 |                0 | FOR         |                                    54872 | FOR                         |  |
| META PLATFORMS, INC.              | 30303M102 | 05/28/2025     | TO VOTE, ON A NON-BINDING ADVISORY BASIS, WHETHER A NON-BINDING ADVISORY VOTE ON THE COMPENSATION PROGRAM FOR META PLATFORMS, INC.'S NAMED EXECUTIVE OFFICERS SHOULD BE HELD EVERY ONE, TWO OR THREE YEARS. | SECTION 14A SAY-ON-PAY VOTES |          54872 |                0 | 1 YEAR      |                                    54872 | FOR                         |  |
| STARBUCKS CORPORATION             | 855244109 | 03/12/2025     | APPROVE, ON AN ADVISORY, NONBINDING BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          72760 |                0 | FOR         |                                    72760 | FOR                         |  |
| VISA INC.                         | 92826C839 | 01/28/2025     | TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         103130 |                0 | FOR         |                                   103130 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Venator Management LLC

**By (Signature):** David Fallgren

**By (Printed Signature):** David Fallgren

**By (Title):** Chief Compliance Officer

**Date:** 08/22/2025