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 ($248.5m this quarter). Holder counts are more reliable. Shares outstanding: 379.9m as of 2023-09-30, 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 ≈ $273.71. Options: 38 managers hold calls ($510.3m notional), 37 hold puts ($372.2m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,532 |
| Q4 2022 | 1,649 |
| Q1 2023 | 1,705 |
| Q2 2023 | 1,788 |
| Q3 2023 | 1,775 |
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 |
| Q2 2023 | 749 | 768 |
| Q3 2023 | 791 | 728 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $491.0m | $319.6m | 0.65 |
| Q1 2023 | $602.9m | $370.0m | 0.61 |
| Q2 2023 | $540.0m | $459.8m | 0.85 |
| Q3 2023 | $510.3m | $372.2m | 0.73 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +991.0k |
| Magellan Asset Management Ltd | Added | +679.5k |
| FIRST TRUST ADVISORS LP | Added | +574.1k |
| BARCLAYS PLC | Added | +409.0k |
| NEUBERGER BERMAN GROUP LLC | Added | +353.1k |
| GOLDMAN SACHS GROUP INC | Added | +317.1k |
| ALLIANCEBERNSTEIN L.P. | Added | +266.7k |
| JANUS HENDERSON GROUP PLC | Added | +248.1k |
| MORGAN STANLEY | Added | +223.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +217.7k |
Biggest sellers
| Capital Research Global Investors | Reduced | -4.0m |
| CIBC Private Wealth Group LLC | Reduced | -891.7k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -542.5k |
| STATE STREET CORP | Reduced | -393.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -388.4k |
| Clearbridge Investments, LLC | Reduced | -241.7k |
| Stonehage Fleming Financial Services Holdings Ltd | Reduced | -237.0k |
| Bank of New York Mellon Corp | Reduced | -227.7k |
| Amundi | Reduced | -219.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -166.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $121.4m444.2k shares |
| Laurion Capital Management LP | Added | $65.2m238.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $50.7m185.7k shares |
| CITADEL ADVISORS LLC | Reduced | $43.2m158.0k shares |
| JANE STREET GROUP, LLC | Reduced | $36.7m134.2k shares |
| SIMPLEX TRADING, LLC | Added | $21.5m78.7k shares |
| Balyasny Asset Management L.P. | Unchanged | $17.8m65.0k shares |
| BANK OF AMERICA CORP /DE/ | Added | $17.7m64.8k shares |
| PEAK6 Investments LLC | Added | $14.2m52.1k shares |
| Parallax Volatility Advisers, L.P. | Added | $12.3m45.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $66.3m242.7k shares |
| CITADEL ADVISORS LLC | Added | $59.7m218.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $37.8m138.4k shares |
| Walleye Capital LLC | Added | $25.9m94.8k shares |
| Balyasny Asset Management L.P. | Unchanged | $18.7m68.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $18.6m679 shares |
| Walleye Trading LLC | Reduced | $15.7m57.4k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $13.7m50.0k shares |
| PEAK6 Investments LLC | Added | $12.4m45.3k shares |
| JANE STREET GROUP, LLC | Reduced | $9.9m36.2k 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 | 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2023 | 0 | — | 1 | $425.2k | — |
| Q3 2023 | 0 | — | 2 | $1.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-06 | Menon Viju Group President | Sold | $1.4m5.0k shares |
| 2023-08-10 | Datar Srikant M. Director | Sold | $214.7k750 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, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.21% of their portfolio | 30.7m $8.4bn | Added +143.6k |
| BlackRock Inc. 0.21% of their portfolio | 26.1m $7.1bn | Added +216.4k |
| GREENLEAF TRUST 60.92% of their portfolio | 19.3m $5.3bn | Reduced -108.7k |
| STATE STREET CORP 0.21% of their portfolio | 14.0m $3.8bn | Reduced -393.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.75% of their portfolio | 13.7m $3.7bn | Reduced -542.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.48% of their portfolio | 11.9m $3.3bn | Reduced -388.4k |
| Capital Research Global Investors 0.78% of their portfolio | 10.3m $2.8bn | Reduced -4.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 6.3m $1.7bn | Added +129.8k |
| Bank of New York Mellon Corp 0.37% of their portfolio | 6.2m $1.7bn | Reduced -227.7k |
| FMR LLC 0.14% of their portfolio | 6.0m $1.6bn | Added +144.2k |
| Fundsmith LLP 6.85% of their portfolio | 5.5m $1.5bn | Added +7.2k |
| MORGAN STANLEY 0.15% of their portfolio | 5.3m $1.5bn | Added +223.7k |
| FRANKLIN RESOURCES INC 0.65% of their portfolio | 4.7m $1.3bn | Added +826 |
| Fisher Asset Management, LLC 0.61% of their portfolio | 3.9m $1.1bn | Added +109.6k |
| First Western Trust Bank 55.37% of their portfolio | 3.8m $1.0bn | Reduced -400 |
| NORGES BANK 0.20% of their portfolio | 3.7m $1.0bn | Added +112.6k |
| NORTHERN TRUST CORP 0.19% of their portfolio | 3.5m $958.0m | Added +131.6k |
| JPMORGAN CHASE & CO 0.11% of their portfolio | 3.4m $932.0m | Added +991.0k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 1.06% of their portfolio | 2.6m $716.1m | Reduced -81.6k |
| Invesco Ltd. 0.19% of their portfolio | 2.6m $715.6m | Reduced -81.7k |
| JENSEN INVESTMENT MANAGEMENT INC 5.43% of their portfolio | 2.5m $687.5m | Reduced -64.8k |
| Legal & General Group Plc 0.23% of their portfolio | 2.4m $656.2m | Reduced -80.1k |
| GOLDMAN SACHS GROUP INC 0.16% of their portfolio | 2.3m $628.6m | Added +317.1k |
| BANK OF AMERICA CORP /DE/ 0.08% of their portfolio | 2.3m $624.8m | Added +211.9k |
| Clearbridge Investments, LLC 0.55% of their portfolio | 2.1m $566.8m | Reduced -241.7k |
| WELLS FARGO & COMPANY/MN 0.18% of their portfolio | 2.1m $565.5m | Added +15.5k |
| WCM INVESTMENT MANAGEMENT, LLC 1.56% of their portfolio | 1.9m $531.8m | Added +21.7k |
| JANUS HENDERSON GROUP PLC 0.35% of their portfolio | 1.9m $528.5m | Added +248.1k |
| FUNDSMITH INVESTMENT SERVICES LTD. 7.47% of their portfolio | 1.8m $480.0m | Added +604 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.14% of their portfolio | 1.7m $475.6m | Added +40.7k |
| Nuveen Asset Management, LLC 0.16% of their portfolio | 1.6m $449.5m | Reduced -13.7k |
| TD Asset Management Inc 0.53% of their portfolio | 1.6m $436.6m | Reduced -108.7k |
| ONTARIO TEACHERS PENSION PLAN BOARD 4.68% of their portfolio | 1.6m $432.0m | Reduced -72.0k |
| AMERIPRISE FINANCIAL INC 0.14% of their portfolio | 1.5m $422.1m | Added +194.7k |
| ROYAL BANK OF CANADA 0.10% of their portfolio | 1.3m $355.9m | Added +129.3k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 3.94% of their portfolio | 1.3m $351.6m | Reduced -34.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.15% of their portfolio | 1.2m $339.1m | Added +109.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.11% of their portfolio | 1.2m $326.2m | Reduced -166.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.27% of their portfolio | 1.2m $325.0m | Reduced -25.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.18% of their portfolio | 1.1m $305.0m | Added +217.7k |
| T. Rowe Price Investment Management, Inc. 0.21% of their portfolio | 1.1m $303.8m | Added +3.1k |
| ALLIANCEBERNSTEIN L.P. 0.13% of their portfolio | 1.1m $303.7m | Added +266.7k |
| Swiss National Bank 0.24% of their portfolio | 1.1m $300.3m | Reduced -133.4k |
| BARCLAYS PLC 0.19% of their portfolio | 1.1m $296.5m | Added +409.0k |
| PNC Financial Services Group, Inc. 0.25% of their portfolio | 1.1m $291.4m | Reduced -8.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.40% of their portfolio | 1.0m $287.7m | Reduced -18.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.32% of their portfolio | 983.8k $268.8m | Added +62.1k |
| Corient Private Wealth LP 0.59% of their portfolio | 939.1k $256.6m | Reduced -13.0k |
| Ensign Peak Advisors, Inc 0.52% of their portfolio | 892.7k $244.0m | Reduced -46.6k |
| BLAIR WILLIAM & CO/IL 0.92% of their portfolio | 877.5k $239.8m | Added +2.4k |
| OMERS ADMINISTRATION Corp 3.51% of their portfolio | 852.8k $233.0m | Unchanged |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.09% of their portfolio | 825.8k $225.7m | Reduced -5.3k |
| CIBC Private Wealth Group LLC 0.53% of their portfolio | 817.5k $223.4m | Reduced -891.7k |
| CI INVESTMENTS INC. 1.18% of their portfolio | 773.1k $211.3m | Reduced -4.2k |
| Amundi 0.10% of their portfolio | 757.9k $195.4m | Reduced -219.4k |
| UBS Group AG 0.09% of their portfolio | 724.6k $198.0m | Reduced -86.5k |
| DEUTSCHE BANK AG\ 0.13% of their portfolio | 723.2k $197.6m | Added +28.5k |
| FIRST TRUST ADVISORS LP 0.23% of their portfolio | 713.1k $194.9m | Added +574.1k |
| CREDIT SUISSE AG/ 0.20% of their portfolio | 708.3k $193.6m | Added +118.5k |
| DekaBank Deutsche Girozentrale 0.45% of their portfolio | 707.8k $194.8m | Added +42.3k |
| 1832 Asset Management L.P. 0.40% of their portfolio | 702.8k $192.0m | Reduced -69.4k |
| Magellan Asset Management Ltd 1.98% of their portfolio | 680.4k $185.9m | Added +679.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio | 679.4k $185.7m | Added +150.9k |
| California Public Employees Retirement System 0.16% of their portfolio | 678.9k $185.5m | Added +13.7k |
| RHUMBLINE ADVISERS 0.21% of their portfolio | 677.5k $185.1m | Reduced -4.1k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 661.8k $180.9m | Added +8.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.26% of their portfolio | 647.4k $176.9m | Added +64.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.25% of their portfolio | 643.7k $175.9m | Reduced -34.1k |
| AustralianSuper Pty Ltd 1.12% of their portfolio | 631.5k $172.6m | Added +4.3k |
| FIL Ltd 0.20% of their portfolio | 626.9k $171.3m | Reduced -19.2k |
| National Pension Service 0.27% of their portfolio | 612.3k $167.5m | Added +13.9k |
| HSBC HOLDINGS PLC 0.17% of their portfolio | 565.7k $154.9m | Added +147.9k |
| RAYMOND JAMES & ASSOCIATES 0.13% of their portfolio | 563.2k $153.9m | Added +9.0k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 551.6k $163.0m | Added +70.5k |
| LAZARD ASSET MANAGEMENT LLC 0.20% of their portfolio | 550.2k $150.4m | Reduced -18.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.23% of their portfolio | 547.6k $149.6m | Reduced -23.0k |
| Fenimore Asset Management Inc 3.75% of their portfolio | 527.7k $144.2m | Reduced -1.1k |
| Welch & Forbes LLC 2.37% of their portfolio | 524.2k $143.2m | Reduced -2.2k |
| FLOSSBACH VON STORCH SE 0.62% of their portfolio | 514.9k $140.7m | Reduced -51.3k |
| NEUBERGER BERMAN GROUP LLC 0.13% of their portfolio | 504.2k $137.8m | Added +353.1k |
| Bellevue Group AG 2.09% of their portfolio | 475.6k $130.0m | Reduced -1.3k |
| Korea Investment CORP 0.38% of their portfolio | 467.7k $127.8m | Added +71.6k |
| STIFEL FINANCIAL CORP 0.18% of their portfolio | 460.9k $126.0m | Added +41.6k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.38% of their portfolio | 433.8k $118.6m | Added +162 |
| Boston Trust Walden Corp 0.99% of their portfolio | 432.4k $118.2m | Reduced -1.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio | 427.2k $116.7m | Reduced -159.4k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.49% of their portfolio | 425.3k $116.2m | Reduced -28.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.17% of their portfolio | 424.7k $116.1m | Added +182.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.10% of their portfolio | 420.1k $114.8m | Unchanged |
| Bridgewater Associates, LP 0.68% of their portfolio | 413.5k $113.0m | Added +27.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 411.6k $112.5m | Reduced -1.8k |
| KBC Group NV 0.46% of their portfolio | 409.4k $111.9m | Reduced -65.1k |
| Mariner, LLC 0.30% of their portfolio | 407.9k $111.5m | Reduced -2.1k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.55% of their portfolio | 390.6k $106.7m | Added +2.0k |
| HighTower Advisors, LLC 0.20% of their portfolio | 384.7k $105.1m | Added +50.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.24% of their portfolio | 375.1k $102.5m | Reduced -6.9k |
| MACKENZIE FINANCIAL CORP 0.16% of their portfolio | 360.8k $95.9m | Added +46.7k |
| TORONTO DOMINION BANK 0.08% of their portfolio | 359.1k $98.1m | Reduced -12.1k |
| CCLA Investment Management 1.81% of their portfolio | 354.6k $97.0m | Added +12.1k |
| LGT CAPITAL PARTNERS LTD. 3.44% of their portfolio | 349.8k $95.6m | Added +260 |