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 ($228.3m this quarter). Holder counts are more reliable. Shares outstanding: 380.3m as of 2024-01-31, 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 ≈ $299.72. Options: 38 managers hold calls ($587.7m notional), 39 hold puts ($416.5m).
Trends to Q4 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 |
| Q4 2023 | 1,886 |
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 |
| Q4 2023 | 803 | 757 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $602.9m | $370.0m | 0.61 |
| Q2 2023 | $540.0m | $459.8m | 0.85 |
| Q3 2023 | $510.3m | $372.2m | 0.73 |
| Q4 2023 | $587.7m | $416.5m | 0.71 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +12.3m |
| MORGAN STANLEY | Added | +5.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +642.2k |
| Stonehage Fleming Financial Services Holdings Ltd | Added | +553.3k |
| ROYAL BANK OF CANADA | Added | +521.0k |
| NORGES BANK | Added | +514.1k |
| VANGUARD GROUP INC | Added | +484.3k |
| NEUBERGER BERMAN GROUP LLC | Added | +453.3k |
| STATE STREET CORP | Added | +265.7k |
| Qube Research & Technologies Ltd | New | +256.4k |
Biggest sellers
| WCM INVESTMENT MANAGEMENT, LLC | Sold out | -1.9m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.5m |
| BlackRock Inc. | Reduced | -1.2m |
| GREENLEAF TRUST | Reduced | -840.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -770.8k |
| Invesco Ltd. | Reduced | -609.5k |
| 1832 Asset Management L.P. | Reduced | -346.9k |
| OMERS ADMINISTRATION Corp | Reduced | -313.9k |
| Bank of New York Mellon Corp | Reduced | -233.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -207.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $114.0m380.8k shares |
| BANK OF AMERICA CORP /DE/ | Added | $76.7m256.0k shares |
| Laurion Capital Management LP | Added | $76.4m255.1k shares |
| CITADEL ADVISORS LLC | Added | $74.1m247.6k shares |
| Twin Tree Management, LP | New | $63.0m210.4k shares |
| JANE STREET GROUP, LLC | Reduced | $30.8m102.9k shares |
| Walleye Trading LLC | Added | $18.3m61.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.6m48.9k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $12.2m409 shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $10.0m33.4k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $100.3m335.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $93.0m310.5k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $32.2m1.1k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $25.9m86.5k shares |
| Walleye Capital LLC | Reduced | $24.4m81.4k shares |
| SIMPLEX TRADING, LLC | Added | $18.5m61.9k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $15.0m50.0k shares |
| WOLVERINE TRADING, LLC | Added | $8.8m29.5k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $8.7m29.1k shares |
| Laurion Capital Management LP | Reduced | $7.8m25.9k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2023 | 0 | — | 3 | $17.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-01 | Datar Srikant M. Director | Sold | $149.1k500 shares |
| 2023-11-28 | Berry William E Jr VP, Chief Accounting Officer | Sold | $167.5k573 shares |
| 2023-11-17 | Lobo Kevin Chair and CEO, director | Sold | $16.3m56.5k shares |
| 2023-11-16 | Datar Srikant M. Director | Sold | $146.0k500 shares |
| 2023-11-15 | Datar Srikant M. Director | Sold | $143.8k500 shares |
| 2023-11-14 | Datar Srikant M. Director | Sold | $215.7k750 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.20% of their portfolio | 31.1m $9.3bn | Added +484.3k |
| BlackRock Inc. 0.19% of their portfolio | 24.9m $7.5bn | Reduced -1.2m |
| GREENLEAF TRUST 59.36% of their portfolio | 18.5m $5.5bn | Reduced -840.3k |
| JPMORGAN CHASE & CO 0.24% of their portfolio | 15.7m $4.7bn | Added +12.3m |
| STATE STREET CORP 0.21% of their portfolio | 14.3m $4.3bn | Added +265.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.50% of their portfolio | 12.5m $3.8bn | Added +642.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.68% of their portfolio | 12.2m $3.6bn | Reduced -1.5m |
| MORGAN STANLEY 0.14% of their portfolio | 10.9m $3.3bn | Added +5.6m |
| Capital Research Global Investors 0.75% of their portfolio | 10.2m $3.1bn | Reduced -131.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 6.4m $1.9bn | Added +124.2k |
| Bank of New York Mellon Corp 0.36% of their portfolio | 6.0m $1.8bn | Reduced -233.9k |
| FMR LLC 0.13% of their portfolio | 5.8m $1.7bn | Reduced -171.4k |
| Fundsmith LLP 6.91% of their portfolio | 5.5m $1.7bn | Reduced -6.2k |
| FRANKLIN RESOURCES INC 0.66% of their portfolio | 4.7m $1.4bn | Added +29.2k |
| NORGES BANK 0.22% of their portfolio | 4.2m $1.3bn | Added +514.1k |
| Fisher Asset Management, LLC 0.64% of their portfolio | 4.0m $1.2bn | Added +101.3k |
| First Western Trust Bank 56.15% of their portfolio | 3.8m $1.1bn | Reduced -1.1k |
| NORTHERN TRUST CORP 0.18% of their portfolio | 3.4m $1.0bn | Reduced -99.6k |
| GOLDMAN SACHS GROUP INC 0.16% of their portfolio | 2.4m $725.9m | Added +123.7k |
| Legal & General Group Plc 0.22% of their portfolio | 2.4m $711.0m | Reduced -26.8k |
| JENSEN INVESTMENT MANAGEMENT INC 5.24% of their portfolio | 2.3m $691.3m | Reduced -207.5k |
| Clearbridge Investments, LLC 0.59% of their portfolio | 2.3m $681.3m | Added +200.8k |
| BANK OF AMERICA CORP /DE/ 0.08% of their portfolio | 2.2m $666.6m | Reduced -60.5k |
| WELLS FARGO & COMPANY/MN 0.18% of their portfolio | 2.1m $619.7m | Added +205 |
| Invesco Ltd. 0.14% of their portfolio | 2.0m $601.7m | Reduced -609.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.73% of their portfolio | 1.8m $554.0m | Reduced -770.8k |
| JANUS HENDERSON GROUP PLC 0.33% of their portfolio | 1.8m $550.7m | Reduced -95.0k |
| ROYAL BANK OF CANADA 0.14% of their portfolio | 1.8m $546.0m | Added +521.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.13% of their portfolio | 1.8m $530.4m | Added +30.6k |
| FUNDSMITH INVESTMENT SERVICES LTD. 7.63% of their portfolio | 1.8m $528.3m | Added +7.9k |
| Nuveen Asset Management, LLC 0.16% of their portfolio | 1.7m $496.4m | Added +12.5k |
| ONTARIO TEACHERS PENSION PLAN BOARD 4.84% of their portfolio | 1.6m $485.2m | Added +39.5k |
| AMERIPRISE FINANCIAL INC 0.14% of their portfolio | 1.6m $470.4m | Added +23.7k |
| TD Asset Management Inc 0.46% of their portfolio | 1.6m $466.1m | Reduced -41.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.15% of their portfolio | 1.3m $374.6m | Added +10.1k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 4.12% of their portfolio | 1.2m $416.0m | Reduced -23.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.26% of their portfolio | 1.2m $353.8m | Reduced -7.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.21% of their portfolio | 1.2m $349.7m | Added +51.7k |
| Swiss National Bank 0.23% of their portfolio | 1.1m $320.1m | Reduced -30.2k |
| PNC Financial Services Group, Inc. 0.25% of their portfolio | 1.1m $318.7m | Reduced -2.1k |
| ALLIANCEBERNSTEIN L.P. 0.12% of their portfolio | 1.0m $314.2m | Reduced -62.2k |
| Corient Private Wealth LP 0.57% of their portfolio | 1.0m $312.2m | Added +103.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio | 1.0m $300.2m | Reduced -191.2k |
| NEUBERGER BERMAN GROUP LLC 0.25% of their portfolio | 957.5k $286.7m | Added +453.3k |
| BARCLAYS PLC 0.14% of their portfolio | 921.9k $276.1m | Reduced -163.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.35% of their portfolio | 918.6k $275.0m | Reduced -124.4k |
| T. Rowe Price Investment Management, Inc. 0.18% of their portfolio | 915.7k $274.2m | Reduced -195.9k |
| UBS Group AG 0.11% of their portfolio | 897.0k $268.6m | Added +172.4k |
| BLAIR WILLIAM & CO/IL 0.90% of their portfolio | 882.5k $264.3m | Added +5.0k |
| CI INVESTMENTS INC. 1.32% of their portfolio | 854.6k $255.9m | Added +81.5k |
| Magellan Asset Management Ltd 2.51% of their portfolio | 840.6k $251.7m | Added +160.3k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.10% of their portfolio | 835.1k $250.1m | Added +9.3k |
| CIBC Private Wealth Group LLC 0.52% of their portfolio | 816.1k $244.4m | Reduced -1.4k |
| Amundi 0.11% of their portfolio | 789.4k $239.4m | Added +31.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.24% of their portfolio | 776.1k $232.4m | Reduced -207.6k |
| DEUTSCHE BANK AG\ 0.12% of their portfolio | 763.1k $228.5m | Added +39.9k |
| Ensign Peak Advisors, Inc 0.44% of their portfolio | 744.9k $223.1m | Reduced -147.8k |
| DekaBank Deutsche Girozentrale 0.45% of their portfolio | 735.7k $219.5m | Added +27.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.27% of their portfolio | 701.3k $210.0m | Added +53.9k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 681.8k $204.2m | Added +20.0k |
| Stonehage Fleming Financial Services Holdings Ltd 4.15% of their portfolio | 672.8k $201.5m | Added +553.3k |
| RHUMBLINE ADVISERS 0.21% of their portfolio | 668.0k $200.0m | Reduced -9.5k |
| California Public Employees Retirement System 0.15% of their portfolio | 666.7k $199.7m | Reduced -12.2k |
| FIRST TRUST ADVISORS LP 0.22% of their portfolio | 663.2k $198.6m | Reduced -49.9k |
| AustralianSuper Pty Ltd 1.13% of their portfolio | 630.6k $188.8m | Reduced -934 |
| National Pension Service 0.26% of their portfolio | 627.1k $187.8m | Added +14.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.25% of their portfolio | 606.8k $181.7m | Reduced -36.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio | 590.4k $176.8m | Reduced -89.1k |
| RAYMOND JAMES & ASSOCIATES 0.13% of their portfolio | 566.5k $169.7m | Added +3.3k |
| CREDIT SUISSE AG/ 0.16% of their portfolio | 565.1k $169.2m | Reduced -143.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.23% of their portfolio | 554.2k $166.0m | Added +6.6k |
| HSBC HOLDINGS PLC 0.15% of their portfolio | 543.3k $162.7m | Reduced -22.4k |
| OMERS ADMINISTRATION Corp 2.04% of their portfolio | 538.9k $161.4m | Reduced -313.9k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 532.1k $159.8m | Reduced -19.5k |
| LAZARD ASSET MANAGEMENT LLC 0.20% of their portfolio | 530.5k $158.8m | Reduced -19.8k |
| Fenimore Asset Management Inc 3.66% of their portfolio | 526.9k $157.8m | Reduced -794 |
| Welch & Forbes LLC 2.37% of their portfolio | 524.3k $157.0m | Added +122 |
| FLOSSBACH VON STORCH SE 0.69% of their portfolio | 508.2k $152.2m | Reduced -6.6k |
| STIFEL FINANCIAL CORP 0.19% of their portfolio | 491.9k $147.3m | Added +30.9k |
| FIL Ltd 0.15% of their portfolio | 480.5k $143.9m | Reduced -146.3k |
| Bellevue Group AG 2.13% of their portfolio | 465.7k $139.5m | Reduced -9.9k |
| Boston Trust Walden Corp 1.00% of their portfolio | 443.5k $132.8m | Added +11.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.14% of their portfolio | 440.6k $131.8m | Added +13.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.10% of their portfolio | 436.1k $130.6m | Added +16.0k |
| HighTower Advisors, LLC 0.22% of their portfolio | 435.4k $130.1m | Added +50.6k |
| LGT CAPITAL PARTNERS LTD. 3.89% of their portfolio | 435.0k $130.3m | Added +85.2k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.36% of their portfolio | 422.1k $126.4m | Reduced -11.7k |
| Mariner, LLC 0.30% of their portfolio | 418.9k $125.4m | Added +11.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 406.8k $121.8m | Reduced -4.8k |
| Bridgewater Associates, LP 0.68% of their portfolio | 405.0k $121.3m | Reduced -8.5k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.57% of their portfolio | 392.6k $117.6m | Added +2.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.15% of their portfolio | 383.8k $114.9m | Reduced -40.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.23% of their portfolio | 374.8k $112.2m | Reduced -344 |
| MACKENZIE FINANCIAL CORP 0.16% of their portfolio | 357.1k $107.0m | Reduced -3.7k |
| CCLA Investment Management 1.75% of their portfolio | 356.9k $106.8m | Added +2.3k |
| 1832 Asset Management L.P. 0.20% of their portfolio | 355.9k $106.6m | Reduced -346.9k |
| Korea Investment CORP 0.28% of their portfolio | 350.3k $104.9m | Reduced -117.4k |
| KBC Group NV 0.36% of their portfolio | 337.8k $101.2m | Reduced -71.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.17% of their portfolio | 337.0k $99.1m | Added +23.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.22% of their portfolio | 331.1k $99.1m | Reduced -4.7k |