STRYKER CORPORATION SYK
COM · Common Stock · CUSIP 863667101 · ISIN US8636671013
American medical technologies company
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- HeadquartersPortage, MI
- Founded1946
- Websitestryker.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 ($268.0m this quarter). Holder counts are more reliable. Shares outstanding: 379.6m as of 2023-03-31, 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 ≈ $283.30. Options: 38 managers hold calls ($602.9m notional), 34 hold puts ($370.0m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,532 |
| Q4 2022 | 1,649 |
| Q1 2023 | 1,705 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 722 | 641 |
| Q1 2023 | 725 | 746 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $298.3m | $280.4m | 0.94 |
| Q4 2022 | $491.0m | $319.6m | 0.65 |
| Q1 2023 | $602.9m | $370.0m | 0.61 |
Biggest buyers
| FMR LLC | Added | +8.0m |
| Capital Research Global Investors | Added | +1.9m |
| CIBC Private Wealth Group LLC | Added | +895.9k |
| BANK OF AMERICA CORP /DE/ | Added | +820.9k |
| JPMORGAN CHASE & CO | Added | +706.8k |
| Invesco Ltd. | Added | +571.9k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +488.8k |
| Amundi | Added | +481.1k |
| GOLDMAN SACHS GROUP INC | Added | +403.5k |
| STRS OHIO | Added | +396.5k |
Biggest sellers
| Cottage Street Advisors LLC | Reduced | -2.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -872.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -825.9k |
| MORGAN STANLEY | Reduced | -808.4k |
| NOVO HOLDINGS A/S | Sold out | -796.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -645.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Sold out | -626.0k |
| Employees Provident Fund Board | Reduced | -609.5k |
| GREENLEAF TRUST | Reduced | -335.2k |
| AustralianSuper Pty Ltd | Reduced | -301.7k |
Biggest calls
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Unchanged | $162.5m570.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $124.5m436.2k shares |
| CITADEL ADVISORS LLC | Reduced | $60.7m212.5k shares |
| JANE STREET GROUP, LLC | Added | $54.5m190.9k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $30.7m107.4k shares |
| Twin Tree Management, LP | Reduced | $24.5m85.8k shares |
| SIMPLEX TRADING, LLC | Added | $14.3m50.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $13.4m47.0k shares |
| Balyasny Asset Management L.P. | Unchanged | $11.4m40.0k shares |
| JPMORGAN CHASE & CO | Added | $10.1m35.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $126.3m442.6k shares |
| CITADEL ADVISORS LLC | Reduced | $33.9m118.9k shares |
| GOLDMAN SACHS GROUP INC | New | $29.1m102.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $27.0m94.7k shares |
| Twin Tree Management, LP | Reduced | $24.5m85.9k shares |
| SIMPLEX TRADING, LLC | Added | $14.2m49.9k shares |
| Walleye Trading LLC | Reduced | $13.3m46.7k shares |
| Balyasny Asset Management L.P. | Unchanged | $12.4m43.3k shares |
| Jefferies Financial Group Inc. | New | $11.3m39.5k shares |
| JANE STREET GROUP, LLC | Reduced | $10.1m35.3k 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 | 6.7% |
Fell to 5% or below in the last year: STRYKER RONDA E (4.0%, 2026-04-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), GREENLEAF TRUST (4.4%, 2026-02-11)
Insider purchases and sales in Q1 2023
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 |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 2 | $984.8k | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 3 | $16.7m | — |
| Q1 2023 | 0 | — | 7 | $154.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-02-28 | Golston Allan C. Director | Sold | $1.4m5.5k shares |
| 2023-02-09 | Menon Viju Group President | Sold | $571.2k2.2k shares |
| 2023-02-07 | STRYKER RONDA E Director · By Revocable Trust | Sold | $57.6m212.2k shares |
| 2023-02-06 | STRYKER RONDA E Director · By Revocable Trust | Sold | $84.3m307.8k shares |
| 2023-02-03 | Fletcher Robert S VP, Chief Legal Officer | Sold | $850.6k3.0k shares |
| 2023-02-02 | Boehnlein Glenn S VP, Chief Financial Officer | Sold | $6.8m24.4k shares |
| 2023-02-02 | Pierce James Andrew Group President | Sold | $111.2k400 shares |
| 2023-01-11 | Fink M Kathryn VP, Chief HR Officer | Sold | $1.7m6.6k shares |
| 2023-01-09 | Fink M Kathryn VP, Chief HR Officer | Sold | $919.4k3.5k shares |
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, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.22% of their portfolio | 30.3m $8.6bn | Added +53.9k |
| BlackRock Inc. 0.21% of their portfolio | 24.7m $7.0bn | Added +178.5k |
| GREENLEAF TRUST 62.26% of their portfolio | 19.3m $5.5bn | Reduced -335.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.91% of their portfolio | 16.2m $4.6bn | Reduced -872.6k |
| Capital Research Global Investors 1.31% of their portfolio | 16.0m $4.6bn | Added +1.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.61% of their portfolio | 14.3m $4.1bn | Reduced -645.7k |
| STATE STREET CORP 0.23% of their portfolio | 14.1m $4.0bn | Reduced -65.3k |
| FMR LLC 0.16% of their portfolio | 12.0m $3.4bn | Added +8.0m |
| Bank of New York Mellon Corp 0.42% of their portfolio | 6.7m $1.9bn | Added +98.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.22% of their portfolio | 6.0m $1.7bn | Added +117.8k |
| Fundsmith LLP 6.77% of their portfolio | 5.5m $1.6bn | Reduced -108.7k |
| MORGAN STANLEY 0.16% of their portfolio | 5.2m $1.5bn | Reduced -808.4k |
| FRANKLIN RESOURCES INC 0.66% of their portfolio | 4.6m $1.3bn | Reduced -54.8k |
| First Western Trust Bank 56.05% of their portfolio | 3.8m $1.1bn | Reduced -281.6k |
| Fisher Asset Management, LLC 0.65% of their portfolio | 3.7m $1.1bn | Added +67.1k |
| BANK OF AMERICA CORP /DE/ 0.12% of their portfolio | 3.6m $1.0bn | Added +820.9k |
| NORTHERN TRUST CORP 0.20% of their portfolio | 3.5m $1.0bn | Reduced -7.5k |
| NORGES BANK 0.20% of their portfolio | 3.2m $908.6m | Added +7.5k |
| Invesco Ltd. 0.21% of their portfolio | 2.7m $770.3m | Added +571.9k |
| JENSEN INVESTMENT MANAGEMENT INC 5.64% of their portfolio | 2.6m $715.9m | Reduced -88.0k |
| Legal & General Group Plc 0.25% of their portfolio | 2.4m $695.4m | Added +62.4k |
| Clearbridge Investments, LLC 0.66% of their portfolio | 2.4m $689.9m | Reduced -141.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 1.15% of their portfolio | 2.4m $680.7m | Added +257.9k |
| CIBC Private Wealth Group LLC 0.13% of their portfolio | 2.3m $116.0m | Added +895.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.20% of their portfolio | 2.1m $593.6m | Reduced -825.9k |
| WELLS FARGO & COMPANY/MN 0.18% of their portfolio | 2.0m $581.7m | Reduced -33.9k |
| JPMORGAN CHASE & CO 0.07% of their portfolio | 2.0m $576.3m | Added +706.8k |
| GOLDMAN SACHS GROUP INC 0.15% of their portfolio | 2.0m $558.0m | Added +403.5k |
| WCM INVESTMENT MANAGEMENT, LLC 1.77% of their portfolio | 1.9m $552.7m | Reduced -92.7k |
| TD Asset Management Inc 0.61% of their portfolio | 1.8m $505.4m | Added +171.5k |
| ONTARIO TEACHERS PENSION PLAN BOARD 5.17% of their portfolio | 1.8m $501.7m | Reduced -296.6k |
| JANUS HENDERSON GROUP PLC 0.32% of their portfolio | 1.7m $489.6m | Added +355.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.15% of their portfolio | 1.7m $484.9m | Added +14.8k |
| Nuveen Asset Management, LLC 0.18% of their portfolio | 1.7m $472.4m | Added +35.6k |
| FUNDSMITH INVESTMENT SERVICES LTD. 7.23% of their portfolio | 1.6m $470.0m | Added +838 |
| Sumitomo Mitsui Trust Group, Inc. 0.30% of their portfolio | 1.4m $400.2m | Added +35.7k |
| Swiss National Bank 0.26% of their portfolio | 1.4m $385.8m | Reduced -32.2k |
| AMERIPRISE FINANCIAL INC 0.13% of their portfolio | 1.3m $386.7m | Added +101.9k |
| 1832 Asset Management L.P. 0.79% of their portfolio | 1.3m $384.6m | Added +228.9k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 4.36% of their portfolio | 1.3m $380.4m | Reduced -18.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.49% of their portfolio | 1.2m $338.9m | Reduced -100.9k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.55% of their portfolio | 1.2m $331.6m | Reduced -30.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.16% of their portfolio | 1.1m $323.0m | Added +19.3k |
| T. Rowe Price Investment Management, Inc. 0.23% of their portfolio | 1.1m $316.8m | Reduced -168.6k |
| Ensign Peak Advisors, Inc 0.68% of their portfolio | 1.1m $315.2m | Reduced -33.5k |
| ROYAL BANK OF CANADA 0.09% of their portfolio | 1.1m $314.3m | Reduced -15.3k |
| PNC Financial Services Group, Inc. 0.27% of their portfolio | 1.1m $307.8m | Added +14.0k |
| Amundi 0.15% of their portfolio | 981.2k $282.6m | Added +481.1k |
| Corient Private Wealth LP 0.73% of their portfolio | 946.4k $270.2m | Added +330.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.34% of their portfolio | 930.1k $265.5m | Reduced -261.2k |
| BLAIR WILLIAM & CO/IL 1.00% of their portfolio | 875.0k $249.8m | Reduced -411 |
| OMERS ADMINISTRATION Corp 3.75% of their portfolio | 852.8k $243.4m | Reduced -133.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.14% of their portfolio | 840.5k $239.9m | Added +63.3k |
| Carmignac Gestion 3.57% of their portfolio | 750.2k $214.1m | Reduced -120.3k |
| CI INVESTMENTS INC. 1.04% of their portfolio | 722.6k $206.3m | Reduced -275.1k |
| FIL Ltd 0.24% of their portfolio | 718.7k $205.2m | Reduced -16.1k |
| CREDIT SUISSE AG/ 0.20% of their portfolio | 697.8k $199.2m | Reduced -28.1k |
| California Public Employees Retirement System 0.17% of their portfolio | 683.0k $195.0m | Reduced -104.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.26% of their portfolio | 682.8k $194.9m | Reduced -29.0k |
| RHUMBLINE ADVISERS 0.24% of their portfolio | 678.3k $193.6m | Added +20.1k |
| UBS Group AG 0.09% of their portfolio | 673.5k $192.3m | Reduced -30.9k |
| DekaBank Deutsche Girozentrale 0.46% of their portfolio | 656.7k $184.2m | Reduced -680 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.27% of their portfolio | 644.7k $184.0m | Reduced -22.5k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 636.0k $181.5m | Added +4.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.19% of their portfolio | 627.1k $179.0m | Added +488.8k |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 618.2k $176.5m | Reduced -53.9k |
| STRS OHIO 0.27% of their portfolio | 610.9k $174.4m | Added +396.5k |
| DEUTSCHE BANK AG\ 0.10% of their portfolio | 600.1k $171.3m | Added +69.9k |
| FLOSSBACH VON STORCH SE 0.72% of their portfolio | 599.6k $171.2m | Reduced -11.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.25% of their portfolio | 580.8k $165.8m | Reduced -5.8k |
| RAYMOND JAMES & ASSOCIATES 0.14% of their portfolio | 579.7k $165.5m | Added +35.3k |
| AustralianSuper Pty Ltd 1.11% of their portfolio | 565.0k $161.3m | Reduced -301.7k |
| LAZARD ASSET MANAGEMENT LLC 0.21% of their portfolio | 562.3k $160.5m | Added +76.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio | 552.9k $157.8m | Added +14.4k |
| Fenimore Asset Management Inc 3.96% of their portfolio | 532.2k $151.9m | Reduced -2.0k |
| Welch & Forbes LLC 2.57% of their portfolio | 531.6k $151.8m | Reduced -3.2k |
| LGT CAPITAL PARTNERS LTD. 3.99% of their portfolio | 501.7k $143.2m | Reduced -17.2k |
| National Pension Service 0.26% of their portfolio | 500.4k $140.5m | Added +1.1k |
| Bellevue Group AG 2.01% of their portfolio | 484.8k $138.4m | Reduced -7.5k |
| PRUDENTIAL FINANCIAL INC 0.17% of their portfolio | 479.0k $111.6m | Added +76.4k |
| KBC Group NV 0.57% of their portfolio | 473.6k $135.2m | Added +53.4k |
| EP Wealth Advisors, LLC 0.19% of their portfolio | 469.2k $11.3m | Added +299.7k |
| GQG Partners LLC 0.35% of their portfolio | 466.9k $133.3m | Reduced -182.8k |
| PRIMECAP MANAGEMENT CO/CA/ 0.12% of their portfolio | 464.6k $132.6m | Added +17.8k |
| Boston Trust Walden Corp 1.09% of their portfolio | 440.9k $125.9m | Reduced -16.6k |
| Bridgewater Associates, LP 0.74% of their portfolio | 423.2k $120.8m | Reduced -82.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.09% of their portfolio | 420.2k $120.0m | Added +29.8k |
| CCLA Investment Management 2.27% of their portfolio | 404.3k $115.3m | Reduced -25.2k |
| STIFEL FINANCIAL CORP 0.16% of their portfolio | 400.8k $114.4m | Added +2.9k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.60% of their portfolio | 394.5k $112.6m | Reduced -1.5k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.45% of their portfolio | 393.5k $112.4m | Added +8.2k |
| Mariner, LLC 0.33% of their portfolio | 392.8k $112.1m | Reduced -59.3k |
| JENNISON ASSOCIATES LLC 0.10% of their portfolio | 390.4k $111.5m | Reduced -12.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.26% of their portfolio | 389.7k $111.2m | Reduced -4.7k |
| MACKENZIE FINANCIAL CORP 0.17% of their portfolio | 377.0k $107.6m | Reduced -14.5k |
| BARCLAYS PLC 0.11% of their portfolio | 375.7k $107.2m | Reduced -149.6k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 374.2k $106.8m | Reduced -45.8k |
| ORBIMED ADVISORS LLC 2.08% of their portfolio | 367.6k $104.9m | Reduced -113.4k |
| Bahl & Gaynor LLC 0.56% of their portfolio | 363.5k $103.8m | Added +30.0k |
| HSBC HOLDINGS PLC 0.13% of their portfolio | 360.6k $102.9m | Reduced -50.9k |