# EDGAR Filing Document

**Accession Number:** 0001315828
**File Stem:** 0001062993-25-015087
**Filing Date:** 2025-8
**Character Count:** 54721
**Document Hash:** dfd02066a720533b8289267d9e3f23ca
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-015087.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001062993-25-015087

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Board of Trustees of The Leland Stanford Junior University
- **CENTRAL INDEX KEY:** 0001315828

**ORGANIZATION NAME:**
- **EIN:** 941156365
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12566
- **FILM NUMBER:** 251279468

**BUSINESS ADDRESS:**
- **STREET 1:** 485 BROADWAY
- **CITY:** REDWOOD CITY
- **STATE:** CA
- **ZIP:** 94063
- **BUSINESS PHONE:** (650) 721-1709

**MAIL ADDRESS:**
- **STREET 1:** 635 KNIGHT WAY
- **CITY:** STANFORD
- **STATE:** CA
- **ZIP:** 94305

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

## N-PX: Filer Information

**Filer CIK:** 0001315828

**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:** Board of Trustees of The Leland Stanford Junior University

**Address:** 635 Knight Way, Stanford, CA 94305

**Telephone number:** 650-721-2200

**Name of agent for service:** —

**Agent Address:** —, —, — —

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

**SEC File Number:** 028-12566

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|:---|:---|:---|
| 3M Company                                  | 88579Y101 | 05/13/2025     | Advisory approval of executive compensation.                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |   8901           |                0 | ABSTAIN     | 8901.000000                              | AGAINST                     |  |
| AT Inc.                                     | 00206R102 | 05/15/2025     | Advisory Approval of Executive Compensation                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  49088           |                0 | ABSTAIN     | 49088.000000                             | AGAINST                     |  |
| AbbVie Inc.                                 | 00287Y109 | 05/09/2025     | Say on Pay - An advisory vote on the approval of executive compensation                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |   6633           |                0 | ABSTAIN     | 6633.000000                              | AGAINST                     |  |
| Abbott Laboratories                         | 002824100 | 04/25/2025     | Say on Pay - An Advisory Vote on the Approval of Executive Compensation                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  10117           |                0 | FOR         | 10117.000000                             | FOR                         |  |
| Accenture plc                               | G1151C101 | 02/06/2025     | To approve, in a non-binding vote, the compensation of our named executive officers.                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |   3134           |                0 | FOR         | 3134.000000                              | FOR                         |  |
| Adobe Inc.                                  | 00724F101 | 04/22/2025     | Approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |   2098           |                0 | FOR         | 2098.000000                              | FOR                         |  |
| Advanced Micro Devices, Inc.                | 007903107 | 05/14/2025     | Approve on a non-binding, advisory basis the compensation of the named executive officers, as disclosed in this proxy statement pursuant to the compensation disclosure rules of the U.S. Securities and Exchange Commission. | SECTION 14A SAY-ON-PAY VOTES |   8894           |                0 | ABSTAIN     | 8894.000000                              | AGAINST                     |  |
| Alexander  Baldwin, Inc.                    | 014491104 | 04/22/2025     | Approve the advisory resolution relating to executive compensation                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |   3834           |                0 | FOR         | 3834.000000                              | FOR                         |  |
| Alexander  Baldwin, Inc.                    | 014491104 | 04/22/2025     | Approve the advisory vote on the frequency of the future advisory votes on executive compensation                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |   3834           |                0 | ONE YEAR    | 3834.000000                              | FOR                         |  |
| Amazon.com, Inc.                            | 023135106 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |   5599           |                0 | ABSTAIN     | 5599.000000                              | AGAINST                     |  |
| American Express Company                    | 025816109 | 04/29/2025     | Approval, on an advisory basis, of the Company's executive compensation.                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |   3807           |                0 | FOR         | 3807.000000                              | FOR                         |  |
| American International Group, Inc.          | 026874784 | 05/14/2025     | Advisory Vote on the Frequency of Future Executive Compensation Votes.                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  15675           |                0 | ABSTAIN     | 15675.000000                             | AGAINST                     |  |
| American International Group, Inc.          | 026874784 | 05/14/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  15675           |                0 | ABSTAIN     | 15675.000000                             | AGAINST                     |  |
| American Tower Corporation                  | 03027X100 | 05/14/2025     | To approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |   5802           |                0 | ABSTAIN     | 5802.000000                              | AGAINST                     |  |
| Amgen Inc.                                  | 031162100 | 05/23/2025     | Advisory vote to approve our executive compensation.                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |   4237           |                0 | ABSTAIN     | 4237.000000                              | AGAINST                     |  |
| Annexon, Inc.                               | 03589W102 | 06/05/2025     | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers.                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 482550           |                0 | ABSTAIN     | 482550.000000                            | AGAINST                     |  |
| Apple Inc.                                  | 037833100 | 02/25/2025     | Advisory vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |   4673           |                0 | FOR         | 4673.000000                              | FOR                         |  |
| Bank of America Corporation                 | 060505104 | 04/22/2025     | Approving our executive compensation (an advisory, non-binding "Say on Pay" resolution)                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  24964           |                0 | AGAINST     | 24964.000000                             | AGAINST                     |  |
| Bill Holdings, Inc.                         | 090043100 | 12/05/2024     | To approve, on an advisory basis, the compensation of our Named Executive Officers (Say-on-Pay).                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |     36           |                0 | AGAINST     | 36.000000                                | AGAINST                     |  |
| Black Stone Minerals, L.P.                  | 09225M101 | 06/12/2025     | Approval on a non-binding advisory basis, of the compensation of the executive officers of Black Stone Minerals, L.P.'s general partner for the year ended December 31, 2024.                                                 | SECTION 14A SAY-ON-PAY VOTES | 147852           |                0 | ABSTAIN     | 147852.000000                            | AGAINST                     |  |
| BlackRock, Inc.                             | 09290D101 | 05/15/2025     | Approval, in a non-binding advisory vote, of the compensation for named executive officers.                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |   1080           |                0 | ABSTAIN     | 1080.000000                              | AGAINST                     |  |
| Booking Holdings Inc.                       | 09857L108 | 06/03/2025     | Advisory vote to approve 2024 executive compensation.                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |    253           |                0 | ABSTAIN     | 253.000000                               | AGAINST                     |  |
| Bristol-Myers Squibb Company                | 110122108 | 05/06/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  20320           |                0 | ABSTAIN     | 20320.000000                             | AGAINST                     |  |
| Broadcom Inc.                               | 11135F101 | 04/21/2025     | Advisory vote to approve the named executive officer compensation.                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |   6291           |                0 | FOR         | 6291.000000                              | FOR                         |  |
| CVS Health Corporation                      | 126650100 | 05/15/2025     | Say on Pay, a Proposal to Approve, on an Advisory Basis, the Company's Executive Compensation.                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  22349           |                0 | ABSTAIN     | 22349.000000                             | AGAINST                     |  |
| Capital One Financial Corporation           | 14040H105 | 05/08/2025     | Advisory vote on our Named Executive Officer compensation ("Say on Pay").                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |   6165           |                0 | ABSTAIN     | 6165.000000                              | AGAINST                     |  |
| Caterpillar, Inc.                           | 149123101 | 06/11/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |   3294           |                0 | ABSTAIN     | 3294.000000                              | AGAINST                     |  |
| Chevron Corporation                         | 166764100 | 05/28/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |   7295           |                0 | ABSTAIN     | 7295.000000                              | AGAINST                     |  |
| Cisco Systems, Inc.                         | 17275R102 | 12/09/2024     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |  21769           |                0 | FOR         | 21769.000000                             | FOR                         |  |
| Citigroup Inc.                              | 172967424 | 04/29/2025     | Advisory vote to approve our 2024 Executive Compensation.                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  15969           |                0 | FOR         | 15969.000000                             | FOR                         |  |
| Colgate-Palmolive Company                   | 194162103 | 05/09/2025     | Advisory vote on executive compensation.                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |  12476           |                0 | ABSTAIN     | 12476.000000                             | AGAINST                     |  |
| Comcast Corporation                         | 20030N101 | 06/18/2025     | Advisory vote on executive compensation                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  31647           |                0 | ABSTAIN     | 31647.000000                             | AGAINST                     |  |
| ConocoPhillips                              | 20825C104 | 05/13/2025     | Advisory Approval of Executive Compensation.                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |  11300           |                0 | ABSTAIN     | 11300.000000                             | AGAINST                     |  |
| Costco Wholesale Corporation                | 22160K105 | 01/23/2025     | Approval, on an advisory basis, of executive compensation.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   1188           |                0 | FOR         | 1188.000000                              | FOR                         |  |
| Coupang, Inc.                               | 22266T109 | 06/12/2025     | To consider a non-binding vote to approve the compensation of Coupang, Inc.'s named executive officers.                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 485999           |                0 | ABSTAIN     | 485999.000000                            | AGAINST                     |  |
| Crocs, Inc.                                 | 227046109 | 06/10/2025     | An advisory vote to approve the compensation of our named executive officers.                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |     90           |                0 | ABSTAIN     | 90.000000                                | AGAINST                     |  |
| Danaher Corporation                         | 235851102 | 05/06/2025     | To approve on an advisory basis the Company's named executive officer compensation.                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |   4917           |                0 | ABSTAIN     | 4917.000000                              | AGAINST                     |  |
| Deere  Company                              | 244199105 | 02/26/2025     | Advisory vote to approve executive compensation ("say-on-pay")                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |   2570           |                0 | FOR         | 2570.000000                              | FOR                         |  |
| Dow Inc.                                    | 260557103 | 04/10/2025     | Advisory Resolution to Approve Executive Compensation                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |  27913           |                0 | FOR         | 27913.000000                             | FOR                         |  |
| Duke Energy Corporation                     | 26441C204 | 05/01/2025     | Advisory vote to approve Duke Energy's named executive officer compensation                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  10547           |                0 | ABSTAIN     | 10547.000000                             | AGAINST                     |  |
| Eli Lilly and Company                       | 532457108 | 05/05/2025     | Approval, on an advisory basis, of the compensation paid to the company's named executive officers.                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |   1454           |                0 | FOR         | 1454.000000                              | FOR                         |  |
| Emerson Electric Co.                        | 291011104 | 02/04/2025     | Approval, by non-binding advisory vote, of Emerson Electric Co. executive compensation.                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  10514           |                0 | FOR         | 10514.000000                             | FOR                         |  |
| Exxon Mobil Corporation                     | 30231G102 | 05/28/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  10205           |                0 | ABSTAIN     | 10205.000000                             | AGAINST                     |  |
| Ford Motor Company                          | 345370860 | 05/08/2025     | An Advisory Vote to Approve the Compensation of the Named Executives.                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES | 110946           |                0 | ABSTAIN     | 110946.000000                            | AGAINST                     |  |
| GE Aerospace                                | 369604301 | 05/06/2025     | Advisory Approval of Our Named Executives' Compensation                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |   6852           |                0 | ABSTAIN     | 6852.000000                              | AGAINST                     |  |
| General Dynamics Corporation                | 369550108 | 05/07/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |   4360           |                0 | ABSTAIN     | 4360.000000                              | AGAINST                     |  |
| General Motors Company                      | 37045V100 | 06/03/2025     | Advisory Approval of Named Executive Officer Compensation                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  23250           |                0 | ABSTAIN     | 23250.000000                             | AGAINST                     |  |
| Gilead Sciences, Inc.                       | 375558103 | 05/07/2025     | To approve, on an advisory basis, the compensation of our Named Executive Officers as presented in the Proxy Statement.                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  12468           |                0 | ABSTAIN     | 12468.000000                             | AGAINST                     |  |
| Hawaiian Electric Industries, Inc.          | 419870100 | 05/12/2025     | Advisory vote to approve the compensation of HEI's named executive officers.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |   7680           |                0 | ABSTAIN     | 7680.000000                              | AGAINST                     |  |
| Honeywell International Inc.                | 438516106 | 05/20/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |   5397           |                0 | ABSTAIN     | 5397.000000                              | AGAINST                     |  |
| Intel Corporation                           | 458140100 | 05/06/2025     | Advisory vote on executive compensation (Say-On-Pay).                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |  57344           |                0 | ABSTAIN     | 57344.000000                             | AGAINST                     |  |
| International Business Machines Corporation | 459200101 | 04/29/2025     | Advisory Vote on Executive Compensation                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |   5010           |                0 | FOR         | 5010.000000                              | FOR                         |  |
| Intuit Inc.                                 | 461202103 | 01/23/2025     | Advisory vote to approve Intuit's executive compensation (say-on-pay)                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |   1675           |                0 | FOR         | 1675.000000                              | FOR                         |  |
| JPMorgan Chase  Co.                         | 46625H100 | 05/20/2025     | Advisory resolution to approve executive compensation                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |   4724           |                0 | ABSTAIN     | 4724.000000                              | AGAINST                     |  |
| Johnson  Johnson                            | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |   7889           |                0 | FOR         | 7889.000000                              | FOR                         |  |
| Light  Wonder, Inc.                         | 80874P109 | 06/10/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 265220           |                0 | ABSTAIN     | 265220.000000                            | AGAINST                     |  |
| Lockheed Martin Corporation                 | 539830109 | 05/09/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers (Say-on-Pay)                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |   2295           |                0 | ABSTAIN     | 2295.000000                              | AGAINST                     |  |
| Lowe's Companies, Inc.                      | 548661107 | 05/30/2025     | Advisory vote to approve the Company's named executive officer compensation in fiscal 2024.                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |   4306           |                0 | ABSTAIN     | 4306.000000                              | AGAINST                     |  |
| Mastercard Incorporated                     | 57636Q104 | 06/24/2025     | Advisory approval of Mastercard's executive compensation                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |   2123           |                0 | ABSTAIN     | 2123.000000                              | AGAINST                     |  |
| Matson, Inc.                                | 57686G105 | 04/24/2025     | Advisory vote to approve executive compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |   2700           |                0 | FOR         | 2700.000000                              | FOR                         |  |
| McDonald's Corporation                      | 580135101 | 05/20/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |   3899           |                0 | ABSTAIN     | 3899.000000                              | AGAINST                     |  |
| Medtronic Plc                               | G5960L103 | 10/17/2024     | Approving, on an advisory basis, the Company's executive compensation;                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  12350           |                0 | FOR         | 12350.000000                             | FOR                         |  |
| Merck  Co., Inc.                            | 58933Y105 | 05/27/2025     | Non-binding advisory vote to approve the compensation of our named executive officers.                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  11930           |                0 | ABSTAIN     | 11930.000000                             | AGAINST                     |  |
| MetLife, Inc.                               | 59156R108 | 06/17/2025     | Advisory (non-binding) vote to approve the compensation paid to MetLife, Inc.'s Named Executive Officers                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |  14065           |                0 | ABSTAIN     | 14065.000000                             | AGAINST                     |  |
| 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 |   1798           |                0 | ABSTAIN     | 1798.000000                              | AGAINST                     |  |
| 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 |   1798           |                0 | ABSTAIN     | 1798.000000                              | AGAINST                     |  |
| Microsoft Corporation                       | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote")                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |      0           |                0 |  |  |  |  |
| Mondelez International, Inc.                | 609207105 | 05/21/2025     | Advisory vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  18347           |                0 | ABSTAIN     | 18347.000000                             | AGAINST                     |  |
| Morgan Stanley                              | 617446448 | 05/15/2025     | To approve the compensation of executives as disclosed in the proxy statement (non-binding advisory vote)                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |   8997           |                0 | ABSTAIN     | 8997.000000                              | AGAINST                     |  |
| NVIDIA Corporation                          | 67066G104 | 06/25/2025     | Advisory approval of our executive compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |   9622           |                0 | ABSTAIN     | 9622.000000                              | AGAINST                     |  |
| Netflix, Inc.                               | 64110L106 | 06/05/2025     | Advisory approval of named executive officer compensation.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   1211           |                0 | ABSTAIN     | 1211.000000                              | AGAINST                     |  |
| NextEra Energy, Inc.                        | 65339F101 | 05/22/2025     | Approval, by non-binding advisory vote, of NextEra Energy's compensation of its named executive officers as disclosed in the proxy statement.                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  15272           |                0 | ABSTAIN     | 15272.000000                             | AGAINST                     |  |
| Okta, Inc.                                  | 679295105 | 06/24/2025     | To approve, on an advisory non-binding basis, the compensation of our named executive officers.                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |    138           |                0 | ABSTAIN     | 138.000000                               | AGAINST                     |  |
| Okta, Inc.                                  | 679295105 | 06/24/2025     | To approve, on an advisory non-binding basis, the frequency of future advisory non-binding votes to approve the compensation of our named executive officers.                                                                 | SECTION 14A SAY-ON-PAY VOTES |    138           |                0 | ABSTAIN     | 138.000000                               | AGAINST                     |  |
| Oracle Corporation                          | 68389X105 | 11/14/2024     | Advisory Vote to Approve the Compensation of our Named Executive Officers                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |   7359           |                0 | AGAINST     | 7359.000000                              | AGAINST                     |  |
| PG Corporation                              | 69331C108 | 05/22/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |   3428           |                0 | ABSTAIN     | 3428.000000                              | AGAINST                     |  |
| PayPal Holdings, Inc.                       | 70450Y103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  16229           |                0 | ABSTAIN     | 16229.000000                             | AGAINST                     |  |
| PepsiCo, Inc.                               | 713448108 | 05/07/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   7380           |                0 | ABSTAIN     | 7380.000000                              | AGAINST                     |  |
| Permian Resources Corporation               | 71424F105 | 05/21/2025     | To approve, by a non-binding advisory vote, the Company's named executive officer compensation.                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |      1.06348e+07 |                0 | ABSTAIN     | 10634826.000000                          | AGAINST                     |  |
| Pfizer Inc.                                 | 717081103 | 04/24/2025     | 2025 advisory approval of executive compensation                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  45877           |                0 | AGAINST     | 45877.000000                             | AGAINST                     |  |
| Planet Labs PBC                             | 72703X106 | 07/11/2024     | To approve, on a non-binding advisory basis, the compensation of our named executive officers ("Say-on-Pay Vote").                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  64112           |                0 | FOR         | 64112.000000                             | FOR                         |  |
| QUALCOMM Incorporated                       | 747525103 | 03/18/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |   7230           |                0 | FOR         | 7230.000000                              | FOR                         |  |
| QuantumScape Corporation                    | 74767V109 | 06/04/2025     | To approve, on a non-binding advisory basis, the compensation of the named executive officers.                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |      2.48144e+06 |                0 | ABSTAIN     | 2481438.000000                           | AGAINST                     |  |
| RTX Corporation                             | 75513E101 | 05/01/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |   9876           |                0 | FOR         | 9876.000000                              | FOR                         |  |
| Salesforce, Inc.                            | 79466L302 | 06/05/2025     | Approval, on an advisory basis, of the fiscal 2025 compensation of our named executive officers.                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |   3913           |                0 | ABSTAIN     | 3913.000000                              | AGAINST                     |  |
| Samsara Inc.                                | 79589L106 | 07/10/2024     | The approval, on a non-binding advisory basis, of the compensation of Samsara Inc.'s named executive officers.                                                                                                                | SECTION 14A SAY-ON-PAY VOTES | 135860           |                0 | AGAINST     | 135860.000000                            | AGAINST                     |  |
| Simon Property Group, Inc.                  | 828806109 | 05/14/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers.                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   6526           |                0 | ABSTAIN     | 6526.000000                              | AGAINST                     |  |
| 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 |  11730           |                0 | FOR         | 11730.000000                             | FOR                         |  |
| Target Corporation                          | 87612E106 | 06/11/2025     | Company proposal to approve, on an advisory basis, our executive compensation (Say on Pay).                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  10381           |                0 | ABSTAIN     | 10381.000000                             | AGAINST                     |  |
| Texas Instruments Incorporated              | 882508104 | 04/17/2025     | Board proposal regarding advisory approval of the Company's executive compensation.                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |   6026           |                0 | FOR         | 6026.000000                              | FOR                         |  |
| The Bank of New York Mellon Corporation     | 064058100 | 04/15/2025     | Advisory resolution to approve the 2024 compensation of our named executive officers.                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |  14446           |                0 | FOR         | 14446.000000                             | FOR                         |  |
| The Boeing Company                          | 097023105 | 04/24/2025     | Approve, on an Advisory Basis, Named Executive Officer Compensation.                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |   6949           |                0 | FOR         | 6949.000000                              | FOR                         |  |
| The Charles Schwab Corporation              | 808513105 | 05/22/2025     | Advisory approval of named executive officer compensation                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |  13923           |                0 | ABSTAIN     | 13923.000000                             | AGAINST                     |  |
| The Coca-Cola Company                       | 191216100 | 04/30/2025     | Advisory vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  18472           |                0 | ABSTAIN     | 18472.000000                             | AGAINST                     |  |
| The Goldman Sachs Group, Inc.               | 38141G104 | 04/23/2025     | Advisory Vote to Approve Executive Compensation (Say on Pay)                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |   1940           |                0 | AGAINST     | 1940.000000                              | AGAINST                     |  |
| The Home Depot, Inc.                        | 437076102 | 05/22/2025     | Advisory Vote to Approve Executive Compensation ("Say-on-Pay")                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |   2734           |                0 | ABSTAIN     | 2734.000000                              | AGAINST                     |  |
| The Kraft Heinz Company                     | 500754106 | 05/08/2025     | Advisory vote to approve executive compensation.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  36981           |                0 | ABSTAIN     | 36981.000000                             | AGAINST                     |  |
| The Procter  Gamble Company                 | 742718109 | 10/08/2024     | Advisory Vote to Approve the Company's Executive Compensation (the "Say on Pay" vote)                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |   5957           |                0 | FOR         | 5957.000000                              | FOR                         |  |
| The Southern Company                        | 842587107 | 05/21/2025     | Advisory vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  12558           |                0 | ABSTAIN     | 12558.000000                             | AGAINST                     |  |
| The Walt Disney Company                     | 254687106 | 03/20/2025     | Consideration of an advisory vote to approve executive compensation.                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |  10022           |                0 | FOR         | 10022.000000                             | FOR                         |  |
| Thermo Fisher Scientific Inc.               | 883556102 | 05/21/2025     | An advisory vote to approve named executive officer compensation.                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |   2166           |                0 | ABSTAIN     | 2166.000000                              | AGAINST                     |  |
| U.S. Bancorp                                | 902973304 | 04/15/2025     | An advisory vote to approve the compensation of our executives disclosed in the proxy statement.                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  22427           |                0 | FOR         | 22427.000000                             | FOR                         |  |
| Union Pacific Corporation                   | 907818108 | 05/08/2025     | Approve, by non-binding vote, the compensation of the Company's Named Executive Officers ("Say on Pay").                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |   4944           |                0 | ABSTAIN     | 4944.000000                              | AGAINST                     |  |
| United Parcel Service, Inc.                 | 911312106 | 05/08/2025     | To approve on an advisory basis named executive officer compensation.                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |   8939           |                0 | ABSTAIN     | 8939.000000                              | AGAINST                     |  |
| UnitedHealth Group Incorporated             | 91324P102 | 06/02/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |   2315           |                0 | ABSTAIN     | 2315.000000                              | AGAINST                     |  |
| Upbound Group, Inc.                         | 76009N100 | 06/03/2025     | To approve, by non-binding vote, compensation of the named executive officers for the year ended December 31, 2024                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |    810           |                0 | ABSTAIN     | 810.000000                               | AGAINST                     |  |
| Verizon Communications Inc.                 | 92343V104 | 05/22/2025     | Advisory vote to approve executive compensation                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |  27523           |                0 | ABSTAIN     | 27523.000000                             | AGAINST                     |  |
| Viper Energy, Inc.                          | 927959106 | 05/20/2025     | The approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  25000           |                0 | ABSTAIN     | 25000.000000                             | AGAINST                     |  |
| 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 |   3975           |                0 | FOR         | 3975.000000                              | FOR                         |  |
| Walmart Inc.                                | 931142103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  13071           |                0 | ABSTAIN     | 13071.000000                             | AGAINST                     |  |
| Wells Fargo  Company                        | 949746101 | 04/29/2025     | Advisory vote to approve executive compensation (Say on Pay).                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |  16017           |                0 | FOR         | 16017.000000                             | FOR                         |  |
| ZipRecruiter, Inc.                          | 98980B103 | 06/10/2025     | To approve, on an advisory basis, the compensation of the Company's Named Executive Officers.                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |   9045           |                0 | ABSTAIN     | 9045.000000                              | AGAINST                     |  |

## N-PX: Signature Block

**Reporting Person:** Board of Trustees of The Leland Stanford Junior University

**By (Signature):** Christopher King

**By (Printed Signature):** Christopher King

**By (Title):** Managing Director Inv. Operations

**Date:** 07/23/2025