# EDGAR Filing Document

**Accession Number:** 0001720792
**File Stem:** 0001438934-25-002434
**Filing Date:** 2025-8
**Character Count:** 69299
**Document Hash:** 19d5ad3b093c7751516a246e9025fbaf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001438934-25-002434.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001438934-25-002434

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**EFFECTIVENESS DATE**: 20250828

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ruane, Cunniff & Goldfarb L.P.
- **CENTRAL INDEX KEY:** 0001720792

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18764
- **FILM NUMBER:** 251272778

**BUSINESS ADDRESS:**
- **STREET 1:** 45 ROCKEFELLER PLAZA
- **STREET 2:** 34TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10111
- **BUSINESS PHONE:** 212-832-5280

**MAIL ADDRESS:**
- **STREET 1:** 45 ROCKEFELLER PLAZA
- **STREET 2:** 34TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10111

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

## N-PX: Filer Information

**Filer CIK:** 0001720792

**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:** Ruane, Cunniff  Goldfarb L.P.

**Address:** 45 Rockefeller Plaza, 34th Floor, New York, NY 10111

**Telephone number:** 2128325280

**Name of agent for service:** John Harris

**Agent Address:** 45 Rockefeller Plaza, 34th Floor, New York, NY 10111

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

**SEC File Number:** 028-18764

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 5493007KPM1S2PV7LQ80

**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   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| ALLISON TRANSMISSION HOLDINGS, INC.  | 01973R101 | 05/07/2025     | An advisory non-binding vote to approve the compensation paid to our named executive officers.                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |            455 |                0 | FOR         |                                      455 | FOR                         |  |
| ALLISON TRANSMISSION HOLDINGS, INC.  | 01973R101 | 05/07/2025     | An advisory non-binding vote on the frequency of future advisory votes on the compensation paid to our named executive officers.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |            455 |                0 | 1 YEAR      |                                      455 | FOR                         |  |
| AMAZON.COM, INC.                     | 023135106 | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |            300 |                0 | FOR         |                                      300 | FOR                         |  |
| AMENTUM HOLDINGS, INC                | 023939101 | 03/05/2025     | Advisory vote to approve the Company's named executive officer compensation.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |        2432821 |                0 | FOR         |                                  2432821 | FOR                         |  |
| AMENTUM HOLDINGS, INC                | 023939101 | 03/05/2025     | Advisory vote on the frequency of the advisory vote to approve the Company's named executive officer compensation.                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |        2432821 |                0 | 1 YEAR      |                                  2432821 | FOR                         |  |
| AMERICAN EXPRESS COMPANY             | 025816109 | 04/29/2025     | Approval, on an advisory basis, of the Company's executive compensation.                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |           2852 |                0 | FOR         |                                     2852 | FOR                         |  |
| APPLE INC.                           | 037833100 | 02/25/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |            821 |                0 | FOR         |                                      821 | FOR                         |  |
| APTIV PLC                            | G3265R107 | 04/23/2025     | Say-on-Pay - To approve, by advisory vote, executive compensation.                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |            665 |                0 | FOR         |                                      665 | FOR                         |  |
| ARCH CAPITAL GROUP LTD.              | G0450A105 | 05/07/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |            840 |                0 | FOR         |                                      840 | FOR                         |  |
| ARISTA NETWORKS, INC.                | 040413205 | 05/30/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            880 |                0 | FOR         |                                      880 | FOR                         |  |
| ARROW ELECTRONICS, INC.              | 042735100 | 05/06/2025     | To approve, by non-binding vote, named executive officer compensation.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |            935 |                0 | FOR         |                                      935 | 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 |           3625 |                0 | FOR         |                                     3625 | FOR                         |  |
| BAUSCH HEALTH COMPANIES, INC.        | 071734107 | 05/13/2025     | The approval, in an advisory vote, of the compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |             30 |                0 | FOR         |                                       30 | FOR                         |  |
| 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 |            186 |                0 | FOR         |                                      186 | FOR                         |  |
| BOOKING HOLDINGS INC.                | 09857L108 | 06/03/2025     | Advisory vote to approve 2024 executive compensation.                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |             10 |                0 | FOR         |                                       10 | FOR                         |  |
| BOSTON OMAHA CORPORATION             | 101044105 | 09/20/2024     | To conduct a non-binding advisory vote to approve the compensation of the named executive officers.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |             30 |                0 | FOR         |                                       30 | FOR                         |  |
| BOSTON OMAHA CORPORATION             | 101044105 | 09/20/2024     | To conduct an advisory (non-binding) vote on the frequency of the vote to approve the executive compensation of the named executive officers.                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |             30 |                0 | 1 YEAR      |                                       30 | FOR                         |  |
| BUILD-A-BEAR WORKSHOP, INC.          | 120076104 | 06/12/2025     | To approve, by non-binding vote, executive compensation.                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |            600 |                0 | FOR         |                                      600 | FOR                         |  |
| BUILDERS FIRSTSOURCE, INC.           | 12008R107 | 05/27/2025     | An advisory vote on the compensation of the named executive officers                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |           5800 |                0 | FOR         |                                     5800 | FOR                         |  |
| BURFORD CAPITAL LIMITED              | G17977110 | 05/14/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement for the 2025 annual general meeting of shareholders under "Executive compensation", including the compensation discussion and analysis, the compensation tables and the related narrative discussion included therein ("Say-on-Pay"). | SECTION 14A SAY-ON-PAY VOTES |          69659 |                0 | FOR         |                                    69659 | FOR                         |  |
| BURFORD CAPITAL LIMITED              | G17977110 | 05/14/2025     | To approve, on an advisory basis, the frequency of future shareholder advisory votes to approve the compensation of the Company's named executive officers ("Say-on-Frequency").                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |          69659 |                0 | 1 YEAR      |                                    69659 | FOR                         |  |
| 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 |        2128122 |                0 | FOR         |                                  2128122 | FOR                         |  |
| CARMAX, INC.                         | 143130102 | 06/24/2025     | To approve, in an advisory (non-binding) vote, the compensation of our named executive officers.                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           6280 |                0 | FOR         |                                     6280 | FOR                         |  |
| CATERPILLAR INC.                     | 149123101 | 06/11/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |              1 |                0 | FOR         |                                        1 | FOR                         |  |
| CHIPOTLE MEXICAN GRILL, INC.         | 169656105 | 06/11/2025     | An advisory vote to approve the compensation of our executive officers as disclosed in the proxy statement ("say on pay").                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | FOR         |                                      100 | FOR                         |  |
| COREBRIDGE FINANCIAL, INC.           | 21871X109 | 06/03/2025     | Approve the 2024 compensation of Corebridge's named executive officers on an advisory basis.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           1000 |                0 | FOR         |                                     1000 | FOR                         |  |
| CORPAY, INC.                         | 219948106 | 06/11/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |             98 |                0 | FOR         |                                       98 | FOR                         |  |
| COTY INC.                            | 222070203 | 11/07/2024     | Approval, on an advisory (non-binding) basis, of the compensation of Coty Inc.'s named executive officers, as disclosed in the proxy statement.                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |              1 |                0 | FOR         |                                        1 | 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 |            840 |                0 | FOR         |                                      840 | FOR                         |  |
| CREDIT ACCEPTANCE CORPORATION        | 225310101 | 06/04/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         642647 |                0 | FOR         |                                   642647 | FOR                         |  |
| D.R. HORTON, INC.                    | 23331A109 | 01/16/2025     | Approval of the advisory resolution on executive compensation.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |              7 |                0 | FOR         |                                        7 | FOR                         |  |
| DEERE  COMPANY                       | 244199105 | 02/26/2025     | Advisory vote to approve executive compensation ("say-on-pay")                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |            232 |                0 | FOR         |                                      232 | FOR                         |  |
| DISCOVER FINANCIAL SERVICES          | 254709108 | 02/18/2025     | Approval of, on an advisory (non-binding) basis, the merger related compensation payments that will or may be paid to named executive officers of Discover in connection with the transactions contemplated by the merger agreement.                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            245 |                0 | FOR         |                                      245 | FOR                         |  |
| DOLLAR GENERAL CORPORATION           | 256677105 | 05/29/2025     | To approve, on an advisory (non-binding) basis, the resolution regarding the compensation of Dollar General Corporation's named executive officers as disclosed in the proxy statement.                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |           2144 |                0 | FOR         |                                     2144 | FOR                         |  |
| DOORDASH, INC.                       | 25809K105 | 06/24/2025     | The approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |              2 |                0 | FOR         |                                        2 | FOR                         |  |
| DRAFTKINGS INC.                      | 26142V105 | 05/19/2025     | To conduct a non-binding advisory vote on executive compensation.                                                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |              1 |                0 | FOR         |                                        1 | FOR                         |  |
| DREAM FINDERS HOMES, INC.            | 26154D100 | 06/09/2025     | Approval of an advisory resolution approving executive compensation for fiscal year 2024.                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |           2359 |                0 | FOR         |                                     2359 | FOR                         |  |
| EAST WEST BANCORP, INC.              | 27579R104 | 05/20/2025     | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers for 2024.                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |            209 |                0 | FOR         |                                      209 | FOR                         |  |
| EBAY INC.                            | 278642103 | 06/25/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |              1 |                0 | FOR         |                                        1 | FOR                         |  |
| ELEVANCE HEALTH, INC.                | 036752103 | 05/14/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |        1121902 |                0 | FOR         |                                  1121902 | FOR                         |  |
| EQUITABLE HOLDINGS, INC.             | 29452E101 | 05/21/2025     | Advisory vote to approve the compensation paid to our named executive officers.                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |          40728 |                0 | FOR         |                                    40728 | FOR                         |  |
| EQUITABLE HOLDINGS, INC.             | 29452E101 | 05/21/2025     | Advisory vote on the frequency of future advisory votes on executive compensation.                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |          40728 |                0 | 1 YEAR      |                                    40728 | FOR                         |  |
| EXPEDITORS INT'L OF WASHINGTON, INC. | 302130109 | 05/06/2025     | Advisory Vote to Approve Named Executive Officer Compensation.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          21902 |                0 | FOR         |                                    21902 | FOR                         |  |
| EXXON MOBIL CORPORATION              | 30231G102 | 05/28/2025     | Advisory Vote to Approve Executive Compensation                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |              3 |                0 | FOR         |                                        3 | FOR                         |  |
| FERGUSON ENTERPRISES INC.            | 31488V107 | 12/05/2024     | To approve, on an advisory basis, the fiscal 2024 compensation of the Company's Named Executive Officers.                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |           1000 |                0 | FOR         |                                     1000 | FOR                         |  |
| FERGUSON ENTERPRISES INC.            | 31488V107 | 12/05/2024     | To approve, on an advisory basis, the frequency of future shareholder advisory votes to approve the compensation of the Company's Named Executive Officers.                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |           1000 |                0 | 1 YEAR      |                                     1000 | FOR                         |  |
| GROUP 1 AUTOMOTIVE, INC.             | 398905109 | 05/13/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |           3361 |                0 | FOR         |                                     3361 | FOR                         |  |
| HILTON GRAND VACATIONS INC.          | 43283X105 | 05/07/2025     | Approve by non-binding vote the compensation paid to the Company's named executive officers.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           4289 |                0 | FOR         |                                     4289 | FOR                         |  |
| IAC INC.                             | 44891N208 | 06/18/2025     | To approve a non-binding advisory vote on IAC's 2024 executive compensation.                                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |           1397 |                0 | FOR         |                                     1397 | FOR                         |  |
| INTERCONTINENTAL EXCHANGE, INC.      | 45866F104 | 05/16/2025     | To approve, by non-binding vote, the advisory resolution on executive compensation for named executive officers.                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |        2791511 |                0 | FOR         |                                  2791511 | FOR                         |  |
| INTERNATIONAL MONEY EXPRESS, INC.    | 46005L101 | 06/20/2025     | Approval of a non-binding advisory resolution regarding the compensation of the named executive officers of International Money Express, Inc.                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            110 |                0 | FOR         |                                      110 | FOR                         |  |
| JACOBS SOLUTIONS INC.                | 46982L108 | 01/29/2025     | Advisory vote to approve the Company's executive compensation.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |        1567960 |                0 | FOR         |                                  1567960 | FOR                         |  |
| JOHNSON  JOHNSON                     | 478160104 | 04/24/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            229 |                0 | FOR         |                                      229 | FOR                         |  |
| JPMORGAN CHASE  CO.                  | 46625H100 | 05/20/2025     | Advisory resolution to approve executive compensation                                                                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |            442 |                0 | FOR         |                                      442 | FOR                         |  |
| KENNEDY-WILSON HOLDINGS, INC.        | 489398107 | 06/05/2025     | To approve, on an advisory nonbinding basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |            300 |                0 | FOR         |                                      300 | FOR                         |  |
| KENVUE INC.                          | 49177J102 | 05/22/2025     | Approve, on a non-binding advisory basis, the compensation of Kenvue Inc.'s named executive officers.                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |            554 |                0 | FOR         |                                      554 | FOR                         |  |
| KIMBERLY-CLARK CORPORATION           | 494368103 | 05/01/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |             73 |                0 | FOR         |                                       73 | FOR                         |  |
| LENNAR CORPORATION                   | 526057104 | 04/09/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            602 |                0 | FOR         |                                      602 | FOR                         |  |
| LGI HOMES, INC.                      | 50187T106 | 04/24/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            301 |                0 | FOR         |                                      301 | FOR                         |  |
| LITHIA MOTORS, INC.                  | 536797103 | 04/24/2025     | To approve, by an advisory vote, named executive officer compensation.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |           2636 |                0 | FOR         |                                     2636 | FOR                         |  |
| LULULEMON ATHLETICA INC.             | 550021109 | 06/11/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers.                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |              1 |                0 | FOR         |                                        1 | FOR                         |  |
| MASTERCARD INCORPORATED              | 57636Q104 | 06/24/2025     | Advisory approval of Mastercard's executive compensation                                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |            235 |                0 | FOR         |                                      235 | FOR                         |  |
| MCDONALD'S CORPORATION               | 580135101 | 05/20/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |            320 |                0 | FOR         |                                      320 | 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 |         509906 |                0 | FOR         |                                   509906 | 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 |         509906 |                0 | 3 YEARS     |                                   509906 | FOR                         |  |
| MICRON TECHNOLOGY, INC.              | 595112103 | 01/16/2025     | PROPOSAL BY THE COMPANY TO APPROVE, ON A NON-BINDING ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DESCRIBED IN THE PROXY STATEMENT.                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |           2162 |                0 | FOR         |                                     2162 | FOR                         |  |
| MICROSOFT CORPORATION                | 594918104 | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |            649 |                0 | FOR         |                                      649 | FOR                         |  |
| NETFLIX, INC.                        | 64110L106 | 06/05/2025     | Advisory approval of named executive officer compensation.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            606 |                0 | FOR         |                                      606 | FOR                         |  |
| NEWMONT CORPORATION                  | 651639106 | 04/30/2025     | Approval of the advisory resolution on Newmont's executive compensation.                                                                                                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |             98 |                0 | FOR         |                                       98 | FOR                         |  |
| NIKE, INC.                           | 654106103 | 09/10/2024     | To approve executive compensation by an advisory vote.                                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |             83 |                0 | FOR         |                                       83 | FOR                         |  |
| NOV INC.                             | 62955J103 | 05/20/2025     | To approve, on an advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           4971 |                0 | FOR         |                                     4971 | FOR                         |  |
| OCCIDENTAL PETROLEUM CORPORATION     | 674599105 | 05/02/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            525 |                0 | FOR         |                                      525 | FOR                         |  |
| OPENDOOR TECHNOLOGIES INC.           | 683712103 | 06/13/2025     | To approve, on an advisory (non-binding) basis, the compensation of our named executive officers (Say-on-Pay Vote).                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           2007 |                0 | FOR         |                                     2007 | FOR                         |  |
| ORGANON  CO.                         | 68622V106 | 06/10/2025     | Approve, on a non-binding advisory basis, the compensation of Organon's Named Executive Officers.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |             25 |                0 | FOR         |                                       25 | FOR                         |  |
| PEPSICO, INC.                        | 713448108 | 05/07/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |            327 |                0 | FOR         |                                      327 | FOR                         |  |
| PRIMERICA, INC.                      | 74164M108 | 05/14/2025     | To consider an advisory vote on executive compensation (Say-on-Pay).                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            600 |                0 | FOR         |                                      600 | FOR                         |  |
| PSYCHEMEDICS CORPORATION             | 744375205 | 11/25/2024     | Approval, on a non-binding advisory basis, of the compensation of our named executive officers, as described in our proxy statement.                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | FOR         |                                      100 | 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 |            707 |                0 | FOR         |                                      707 | FOR                         |  |
| REPUBLIC SERVICES, INC.              | 760759100 | 05/19/2025     | Advisory vote to approve our named executive officer compensation.                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |            817 |                0 | FOR         |                                      817 | FOR                         |  |
| RH                                   | 74967X103 | 06/26/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |              8 |                0 | FOR         |                                        8 | FOR                         |  |
| RIMINI STREET, INC.                  | 76674Q107 | 06/04/2025     | Advisory vote to approve the Company's executive compensation.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |          37955 |                0 | ABSTAIN     |                                    37955 | AGAINST                     |  |
| ROBLOX CORPORATION                   | 771049103 | 05/29/2025     | Advisory Vote on the Compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |              2 |                0 | FOR         |                                        2 | FOR                         |  |
| ROYAL GOLD, INC.                     | 780287108 | 05/22/2025     | Advisory vote to approve named executive officer compensation                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |             40 |                0 | FOR         |                                       40 | FOR                         |  |
| S GLOBAL INC.                        | 78409V104 | 05/07/2025     | Approve, on an advisory basis, the executive compensation program for the Company's named executive officers, as described in the Proxy Statement.                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |            531 |                0 | FOR         |                                      531 | FOR                         |  |
| SBA COMMUNICATIONS CORPORATION       | 78410G104 | 05/23/2025     | Approval, on an advisory basis, of the compensation of SBA's named executive officers.                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |            232 |                0 | FOR         |                                      232 | FOR                         |  |
| SEADRILL LIMITED                     | G7997W102 | 05/14/2025     | To conduct an advisory vote to approve the compensation of our named executive officers for 2024.                                                                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |            640 |                0 | FOR         |                                      640 | FOR                         |  |
| SEADRILL LIMITED                     | G7997W102 | 05/14/2025     | To conduct an advisory vote to approve the frequency of future advisory votes to approve executive compensation.                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |            640 |                0 | 1 YEAR      |                                      640 | FOR                         |  |
| SERITAGE GROWTH PROPERTIES           | 81752R100 | 06/10/2025     | An advisory, non-binding resolution to approve the Company's executive compensation program for our named executive officers, as described in the proxy statement.                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |            100 |                0 | FOR         |                                      100 | FOR                         |  |
| SHAKE SHACK INC.                     | 819047101 | 06/04/2025     | Approval, on an advisory basis, of the compensation of our Named Executive Officers.                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |             12 |                0 | FOR         |                                       12 | FOR                         |  |
| SINCLAIR INC.                        | 829242106 | 06/05/2025     | Approval, by non-binding advisory vote, on our executive compensation.                                                                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |          17959 |                0 | FOR         |                                    17959 | FOR                         |  |
| SPS COMMERCE, INC.                   | 78463M107 | 05/13/2025     | Advisory approval of the compensation of the named executive officers of SPS Commerce, Inc.                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |             13 |                0 | FOR         |                                       13 | FOR                         |  |
| SPS COMMERCE, INC.                   | 78463M107 | 05/13/2025     | Advisory vote regarding the frequency of holding future say-on-pay votes.                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |             13 |                0 | 1 YEAR      |                                       13 | 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 |              2 |                0 | FOR         |                                        2 | FOR                         |  |
| STEEL PARTNERS HOLDINGS L.P.         | 85814R107 | 05/23/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           1347 |                0 | FOR         |                                     1347 | FOR                         |  |
| STEEL PARTNERS HOLDINGS L.P.         | 85814R107 | 05/23/2025     | To approve, on a non-binding, advisory basis, the frequency of future advisory votes on the compensation of our named executive officers.                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |           1347 |                0 | 1 YEAR      |                                     1347 | FOR                         |  |
| SUNRISE COMMUNICATIONS               | 867975104 | 05/13/2025     | Advisory Vote on the Compensation Report 2024                                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            221 |                0 | FOR         |                                      221 | 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 |              2 |                0 | FOR         |                                        2 | FOR                         |  |
| THE CHARLES SCHWAB CORPORATION       | 808513105 | 05/22/2025     | Advisory approval of named executive officer compensation                                                                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |        6754764 |                0 | FOR         |                                  6754764 | FOR                         |  |
| THE COCA-COLA COMPANY                | 191216100 | 04/30/2025     | Advisory vote to approve executive compensation                                                                                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |           2319 |                0 | FOR         |                                     2319 | FOR                         |  |
| THE ESTEE LAUDER COMPANIES INC.      | 518439104 | 11/08/2024     | Advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |              1 |                0 | FOR         |                                        1 | FOR                         |  |
| 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 |            100 |                0 | FOR         |                                      100 | FOR                         |  |
| THE ST. JOE COMPANY                  | 790148100 | 05/13/2025     | Approval, on an advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |             18 |                0 | FOR         |                                       18 | FOR                         |  |
| THE TJX COMPANIES, INC.              | 872540109 | 06/10/2025     | Advisory approval of TJX's executive compensation (the say-on-pay vote)                                                                                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |            580 |                0 | FOR         |                                      580 | FOR                         |  |
| THE WALT DISNEY COMPANY              | 254687106 | 03/20/2025     | Consideration of an advisory vote to approve executive compensation.                                                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |            217 |                0 | FOR         |                                      217 | 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 |            406 |                0 | FOR         |                                      406 | FOR                         |  |
| UNITED PARKS  RESORTS INC.           | 81282V100 | 06/13/2025     | Approval, in a non-binding advisory vote, of the compensation paid to the named executive officers.                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |           1325 |                0 | FOR         |                                     1325 | FOR                         |  |
| UNITEDHEALTH GROUP INCORPORATED      | 91324P102 | 06/02/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         820425 |                0 | FOR         |                                   820425 | FOR                         |  |
| UNITY SOFTWARE INC.                  | 91332U101 | 06/11/2025     | To approve, on an advisory basis, the compensation of the Company's named executive officers, as disclosed in the accompanying proxy statement.                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |             61 |                0 | FOR         |                                       61 | FOR                         |  |
| WALMART INC.                         | 931142103 | 06/05/2025     | Advisory Vote to Approve Named Executive Officer Compensation                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |            405 |                0 | FOR         |                                      405 | FOR                         |  |
| WARNER BROS. DISCOVERY, INC.         | 934423104 | 06/02/2025     | To vote on an advisory resolution to approve the 2024 compensation of Warner Bros. Discovery, Inc.'s named executive officers, commonly referred to as a "Say-on-Pay" vote.                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |              2 |                0 | FOR         |                                        2 | FOR                         |  |
| WASTE MANAGEMENT, INC.               | 94106L109 | 05/13/2025     | Approval, on an advisory basis, of our executive compensation.                                                                                                                                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |            479 |                0 | FOR         |                                      479 | FOR                         |  |
| WELLS FARGO  COMPANY                 | 949746101 | 04/29/2025     | Advisory vote to approve executive compensation (Say on Pay).                                                                                                                                                                                                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |           1037 |                0 | FOR         |                                     1037 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Ruane, Cunniff  Goldfarb L.P.

**By (Signature):** John Harris

**By (Printed Signature):** John Harris

**By (Title):** Managing Member

**Date:** 08/28/2025