INTUITIVE SURGICAL INC ISRG
COM NEW · Common Stock · CUSIP 46120E602 · ISIN US46120E6023
American corporation
- SectorHealth care
- IndustryOrthopedic, Prosthetic & Surgical Appliances & Supplies
- HeadquartersSunnyvale, CA
- Founded1995
- Websiteintuitive.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($853.6m this quarter). Holder counts are more reliable. Shares outstanding: 353.3m as of 2026-07-16, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $398.60. Options: 53 managers hold calls ($2.1bn notional), 56 hold puts ($1.9bn).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,310 |
| Q4 2022 | 1,439 |
| Q1 2023 | 1,416 |
| Q2 2023 | 1,559 |
| Q3 2023 | 1,555 |
| Q4 2023 | 1,675 |
| Q1 2024 | 1,743 |
| Q2 2024 | 1,827 |
| Q3 2024 | 1,957 |
| Q4 2024 | 2,136 |
| Q1 2025 | 2,198 |
| Q2 2025 | 2,271 |
| Q3 2025 | 2,116 |
| Q4 2025 | 2,416 |
| Q1 2026 | 2,319 |
| Q2 2026 | 2,250 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 955 | 723 |
| Q4 2024 | 958 | 789 |
| Q1 2025 | 1,150 | 846 |
| Q2 2025 | 1,231 | 814 |
| Q3 2025 | 980 | 1,076 |
| Q4 2025 | 1,265 | 825 |
| Q1 2026 | 1,128 | 1,079 |
| Q2 2026 | 1,053 | 1,090 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.4bn | $1.9bn | 1.33 |
| Q4 2025 | $2.2bn | $2.6bn | 1.18 |
| Q1 2026 | $1.5bn | $1.7bn | 1.12 |
| Q2 2026 | $2.1bn | $1.9bn | 0.92 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.6m |
| GQG Partners LLC | New | +780.4k |
| Invesco Ltd. | Added | +653.1k |
| JENNISON ASSOCIATES LLC | Added | +628.2k |
| Capital Research Global Investors | Added | +585.0k |
| D1 Capital Partners L.P. | New | +574.2k |
| TWO SIGMA INVESTMENTS, LP | Added | +573.8k |
| Alyeska Investment Group, L.P. | Added | +564.4k |
| Squarepoint Ops LLC | Added | +506.9k |
| MORGAN STANLEY | Added | +502.5k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.3m |
| FMR LLC | Reduced | -1.2m |
| Winslow Capital Management, LLC | Reduced | -1.2m |
| CITADEL ADVISORS LLC | Reduced | -885.9k |
| EDGEWOOD MANAGEMENT LLC | Reduced | -513.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -497.0k |
| Point72 Asset Management, L.P. | Reduced | -467.6k |
| Rathbones Group PLC | Reduced | -415.4k |
| BARCLAYS PLC | Reduced | -378.2k |
| SEI INVESTMENTS CO | Reduced | -365.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $714.2m1.8m shares |
| JANE STREET GROUP, LLC | Added | $368.3m926.2k shares |
| CITADEL ADVISORS LLC | Added | $307.9m774.3k shares |
| IMC-Chicago, LLC | Added | $107.6m270.6k shares |
| PEAK6 LLC | Added | $102.6m258.1k shares |
| Walleye Trading LLC | Added | $54.6m137.3k shares |
| NOMURA HOLDINGS INC | New | $50.3m126.5k shares |
| SIMPLEX TRADING, LLC | Added | $40.9m102.8k shares |
| Point72 Asset Management, L.P. | Reduced | $31.4m79.0k shares |
| UBS Group AG | Reduced | $30.9m77.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $527.6m1.3m shares |
| CITADEL ADVISORS LLC | Added | $369.1m928.1k shares |
| JANE STREET GROUP, LLC | Added | $279.7m703.3k shares |
| IMC-Chicago, LLC | Added | $117.2m294.8k shares |
| Hudson Bay Capital Management LP | New | $99.4m250.0k shares |
| CITIGROUP INC | Reduced | $79.1m199.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $33.7m84.8k shares |
| D. E. Shaw & Co., Inc. | Added | $30.6m77.0k shares |
| Qube Research & Technologies Ltd | Reduced | $29.0m73.0k shares |
| UBS Group AG | Reduced | $25.9m65.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 6 | $36.7m | $36.7m |
| Q1 2025 | 0 | — | 10 | $35.1m | $35.1m |
| Q2 2025 | 0 | — | 7 | $10.3m | $10.3m |
| Q3 2025 | 0 | — | 3 | $21.7m | $21.7m |
| Q4 2025 | 0 | — | 8 | $61.3m | $61.3m |
| Q1 2026 | 0 | — | 5 | $21.3m | $21.3m |
| Q2 2026 | 0 | — | 4 | $3.1m | $3.1m |
| Q3 2026 | 0 | — | 5 | $4.8m | $4.8m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-15 | Widman Fredrik VP Corporate Controller | Sold plan | $407.8k1.1k shares |
| 2026-09-11 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $9.1k25 shares |
| 2026-09-10 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $8.0k23 shares |
| 2026-09-09 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $8.1k23 shares |
| 2026-09-08 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $16.6k46 shares |
| 2026-08-21 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $28.9k77 shares |
| 2026-08-20 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $30.5k77 shares |
| 2026-08-19 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $30.4k77 shares |
| 2026-08-18 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $30.3k77 shares |
| 2026-08-17 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $30.1k77 shares |
| 2026-08-11 | GUTHART GARY S Director · by Trust | Sold plan | $4.0m10.0k shares |
| 2026-08-11 | Ladd Amy L Director | Sold plan | $28.3k72 shares |
| 2026-08-10 | LOEB GARY EVP & Chief Legal and Complian | Sold plan | $151.6k400 shares |
| 2026-08-10 | Ladd Amy L Director | Sold plan | $151.6k400 shares |
| 2026-07-31 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $9.8k28 shares |
| 2026-07-30 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $9.7k28 shares |
| 2026-07-29 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $10.1k28 shares |
| 2026-07-28 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $10.2k28 shares |
| 2026-07-27 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $9.6k28 shares |
| 2026-06-12 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $10.4k25 shares |
| 2026-06-11 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $9.5k23 shares |
| 2026-06-10 | LOEB GARY EVP & Chief Legal and Complian | Sold plan | $169.7k400 shares |
| 2026-06-10 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $9.8k23 shares |
| 2026-06-09 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $9.7k23 shares |
| 2026-06-08 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $9.7k23 shares |
| 2026-06-01 | Jeddi Iman SVP & GM da Vinci Platforms & | Sold plan | $2.4m5.6k shares |
| 2026-05-22 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $7.9k18 shares |
| 2026-05-21 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $8.0k18 shares |
| 2026-05-20 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $7.9k18 shares |
| 2026-05-19 | Brosius Mark EVP & Chief Mfg and Supply Cha | Sold plan | $7.9k18 shares |
The latest 30 of 34 trades.
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.18% of their portfolio | 30.0m $11.9bn | Reduced -51.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 23.1m $9.2bn | Added +51.6k |
| STATE STREET CORP 0.19% of their portfolio | 16.1m $6.4bn | Added +216.1k |
| Invesco Ltd. 0.37% of their portfolio | 11.8m $4.7bn | Added +653.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.45% of their portfolio | 11.3m $4.5bn | Reduced -1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.18% of their portfolio | 8.5m $3.4bn | Added +67.9k |
| Capital World Investors 0.36% of their portfolio | 7.7m $3.1bn | Reduced -305.3k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.13% of their portfolio | 7.2m $2.9bn | Added +9.3k |
| MORGAN STANLEY 0.14% of their portfolio | 6.6m $2.6bn | Added +502.5k |
| NORGES BANK 0.20% of their portfolio | 5.0m $2.0bn | Not comparable |
| FMR LLC 0.07% of their portfolio | 4.3m $1.7bn | Reduced -1.2m |
| JPMORGAN CHASE & CO 0.10% of their portfolio | 4.2m $1.7bn | Reduced -362.9k |
| Fisher Asset Management, LLC 0.46% of their portfolio | 3.9m $1.6bn | Added +65.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.26% of their portfolio | 3.8m $1.5bn | Reduced -157.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.66% of their portfolio | 3.7m $1.5bn | Added +1.6m |
| JENNISON ASSOCIATES LLC 0.88% of their portfolio | 3.7m $1.5bn | Added +628.2k |
| ALLIANCEBERNSTEIN L.P. 0.55% of their portfolio | 3.6m $1.7bn | Reduced -179.9k |
| NORTHERN TRUST CORP 0.16% of their portfolio | 3.5m $1.4bn | Added +8.7k |
| BANK OF AMERICA CORP /DE/ 0.09% of their portfolio | 3.4m $1.4bn | Reduced -213.2k |
| Bank of New York Mellon Corp 0.22% of their portfolio | 3.4m $1.3bn | Reduced -191.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.24% of their portfolio | 3.3m $1.3bn | Reduced -48.2k |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 2.9m $1.2bn | Added +440.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.15% of their portfolio | 2.8m $1.1bn | Added +178.9k |
| Nuveen, LLC 0.26% of their portfolio | 2.7m $1.1bn | Added +75.2k |
| Amundi 0.26% of their portfolio | 2.7m $1.1bn | Added +257.2k |
| BAILLIE GIFFORD & CO 0.91% of their portfolio | 2.5m $1.0bn | Reduced -43.1k |
| Legal & General Group Plc 0.21% of their portfolio | 2.5m $985.7m | Reduced -5.2k |
| FRANKLIN RESOURCES INC 0.19% of their portfolio | 2.2m $893.8m | Reduced -91.9k |
| VANGUARD FIDUCIARY TRUST CO 0.18% of their portfolio | 2.0m $809.2m | Reduced -13.9k |
| AMERICAN CENTURY COMPANIES INC 0.35% of their portfolio | 2.0m $801.2m | Reduced -94.9k |
| Assenagon Asset Management S.A. 0.52% of their portfolio | 2.0m $795.2m | Added +254.7k |
| TWO SIGMA INVESTMENTS, LP 0.59% of their portfolio | 2.0m $787.1m | Added +573.8k |
| Jupiter Topco LLC 0.31% of their portfolio | 1.9m $758.9m | First filing |
| UBS Group AG 0.11% of their portfolio | 1.8m $707.3m | Added +140.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.39% of their portfolio | 1.7m $679.8m | Added +243.6k |
| LOOMIS SAYLES & CO L P 0.83% of their portfolio | 1.7m $658.6m | Reduced -43.5k |
| ROYAL BANK OF CANADA 0.11% of their portfolio | 1.6m $622.2m | Reduced -317.8k |
| Capital Research Global Investors 0.09% of their portfolio | 1.6m $617.1m | Added +585.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.33% of their portfolio | 1.5m $603.3m | Added +18.4k |
| DEUTSCHE BANK AG\ 0.17% of their portfolio | 1.4m $571.6m | Added +87.9k |
| Pictet Asset Management Holding SA 0.52% of their portfolio | 1.4m $547.6m | Added +154.3k |
| AMERIPRISE FINANCIAL INC 0.11% of their portfolio | 1.3m $528.0m | Added +17.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.29% of their portfolio | 1.3m $517.4m | Added +1.4k |
| SANDS CAPITAL MANAGEMENT, LLC 1.85% of their portfolio | 1.3m $498.1m | Reduced -68.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC 1.10% of their portfolio | 1.2m $488.3m | Reduced -2.9k |
| Clearbridge Investments, LLC 0.40% of their portfolio | 1.2m $483.4m | Reduced -149.4k |
| BARCLAYS PLC 0.15% of their portfolio | 1.2m $482.8m | Reduced -378.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.45% of their portfolio | 1.1m $449.0m | Reduced -228.8k |
| Alyeska Investment Group, L.P. 1.09% of their portfolio | 1.1m $423.9m | Added +564.4k |
| BROWN ADVISORY INC 0.66% of their portfolio | 1.1m $423.4m | Reduced -204.3k |
| EDGEWOOD MANAGEMENT LLC 4.28% of their portfolio | 1.0m $414.8m | Reduced -513.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.23% of their portfolio | 1.0m $409.4m | Added +88.1k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 1.0m $408.6m | Reduced -19.4k |
| Swiss National Bank 0.21% of their portfolio | 1.0m $398.4m | Reduced -38.6k |
| Fayez Sarofim & Co 0.88% of their portfolio | 938.6k $373.3m | Reduced -273.8k |
| LAZARD ASSET MANAGEMENT LLC 0.56% of their portfolio | 925.8k $368.2m | Added +277.2k |
| CITIGROUP INC 0.15% of their portfolio | 834.7k $331.9m | Added +203.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.38% of their portfolio | 810.3k $322.3m | Reduced -9.1k |
| COATUE MANAGEMENT LLC 0.65% of their portfolio | 793.7k $315.6m | Reduced -61.5k |
| Holocene Advisors, LP 0.71% of their portfolio | 781.5k $310.8m | Reduced -258.7k |
| GQG Partners LLC 0.58% of their portfolio | 780.4k $310.4m | New |
| Vanguard Global Advisers, LLC 0.14% of their portfolio | 763.8k $303.7m | Reduced -12.7k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 753.8k $299.9m | Added +108.7k |
| National Pension Service 0.19% of their portfolio | 749.8k $298.2m | Added +22.4k |
| Squarepoint Ops LLC 0.58% of their portfolio | 745.2k $296.3m | Added +506.9k |
| HSBC HOLDINGS PLC 0.14% of their portfolio | 715.6k $284.8m | Added +38.1k |
| DekaBank Deutsche Girozentrale 0.54% of their portfolio | 703.1k $317.2m | Unchanged |
| Bank Julius Baer & Co. Ltd, Zurich 0.71% of their portfolio | 691.4k $275.7m | Reduced -4.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.18% of their portfolio | 687.4k $273.4m | Added +74.5k |
| RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio | 662.5k $263.4m | Added +44.2k |
| RHUMBLINE ADVISERS 0.20% of their portfolio | 652.8k $259.6m | Reduced -1.6k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.87% of their portfolio | 636.8k $253.3m | Added +397.8k |
| California Public Employees Retirement System 0.14% of their portfolio | 635.7k $252.8m | Added +14.9k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.38% of their portfolio | 631.4k $251.1m | Added +37.4k |
| JANE STREET GROUP, LLC 0.16% of their portfolio | 619.7k $246.4m | Added +501.1k |
| FIRST TRUST ADVISORS LP 0.14% of their portfolio | 603.6k $240.0m | Added +437.2k |
| Employees Provident Fund Board 1.35% of their portfolio | 591.6k $235.3m | Added +164.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.12% of their portfolio | 591.5k $235.2m | Reduced -24.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.12% of their portfolio | 587.2k $233.5m | Added +143.3k |
| D1 Capital Partners L.P. 0.66% of their portfolio | 574.2k $228.3m | New |
| Swedbank AB 0.20% of their portfolio | 573.4k $228.0m | Reduced -6.8k |
| SG Americas Securities, LLC 0.13% of their portfolio | 571.1k $227.1m | Added +288.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 552.6k $219.8m | Added +1.5k |
| BESSEMER GROUP INC 0.30% of their portfolio | 551.9k $219.5m | Reduced -317.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.20% of their portfolio | 537.4k $213.7m | Reduced -1.9k |
| Russell Investments Group, Ltd. 0.19% of their portfolio | 534.3k $213.0m | Added +43.5k |
| APG Asset Management N.V. 0.46% of their portfolio | 534.0k $185.7m | Reduced -174.9k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 506.9k $201.6m | Added +67.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.28% of their portfolio | 504.4k $200.6m | Added +365.0k |
| Mirova US LLC 2.11% of their portfolio | 492.3k $195.8m | Reduced -20.0k |
| CIBC Bancorp USA Inc. 0.24% of their portfolio | 484.7k $193.0m | Reduced -27.2k |
| CITADEL ADVISORS LLC 0.11% of their portfolio | 470.1k $186.9m | Reduced -885.9k |
| STIFEL FINANCIAL CORP 0.15% of their portfolio | 466.6k $185.6m | Added +34.9k |
| AGF MANAGEMENT LTD 0.70% of their portfolio | 451.9k $179.7m | Added +192 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.13% of their portfolio | 451.0k $179.3m | Added +24.6k |
| LPL Financial LLC 0.04% of their portfolio | 449.1k $178.6m | Added +11.1k |
| POLEN CAPITAL MANAGEMENT LLC 1.53% of their portfolio | 447.9k $178.1m | Reduced -158.9k |
| Temasek Holdings (Private) Ltd 0.47% of their portfolio | 430.8k $171.3m | Added +203.6k |
| Candriam S.C.A. 0.77% of their portfolio | 429.4k $170.6m | Added +101.3k |
| Rathbones Group PLC 0.62% of their portfolio | 425.8k $169.3m | Reduced -415.4k |