Vanguard, Facebook’s largest shareholder with nearly seven percent of its shares, will vote on whether the social media giant needs better privacy at a meeting on May 31, writes Erin Arvedlund for the Philadelphia Inquirer.

Matthew Patsky, CEO of Trillium Investments, asked Facebook to set up a risk-management committee to determine what went wrong with data consulting firm Cambridge Analytica, Facebook’s alleged election manipulation, and other privacy concerns.

“The sheer volume, magnitude, and frequency of Facebook’s controversies suggest that the company’s whack-a-mole approach is insufficient,” Trillium wrote.

While Vanguard’s position on the proposal is still unknown, there are some indications on which way it might be leaning.

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Last year, Vanguard voted for one of the first times against corporate management at Wells Fargo. The firm also voted against management on a climate change study at ExxonMobil.

Another hint comes from the fact that the largest index fund firms are moving together, if very slowly, toward more public activism.

“Sometimes there’s safety in numbers,” said Patsky.

Read more about the vote in the Philadelphia Inquirer here, and check out previous VISTA Today coverage of Vanguard here.

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