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 ($304.7m this quarter). Holder counts are more reliable. Shares outstanding: 380.9m as of 2024-03-31, 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 ≈ $356.35. Options: 39 managers hold calls ($542.2m notional), 38 hold puts ($314.2m).
Trends to Q1 2024
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 |
| Q1 2024 | 1,991 |
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 |
| Q1 2024 | 913 | 799 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $540.0m | $459.8m | 0.85 |
| Q3 2023 | $510.3m | $372.2m | 0.73 |
| Q4 2023 | $587.7m | $416.5m | 0.71 |
| Q1 2024 | $542.2m | $314.2m | 0.58 |
Biggest buyers
| MORGAN STANLEY | Added | +4.7m |
| JPMORGAN CHASE & CO | Added | +1.6m |
| BlackRock Inc. | Added | +1.3m |
| Global Assets Advisory, LLC | New | +953.0k |
| BANK OF AMERICA CORP /DE/ | Added | +877.6k |
| 1832 Asset Management L.P. | Added | +522.8k |
| MARSHALL WACE, LLP | New | +457.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +360.6k |
| RTW INVESTMENTS, LP | New | +321.0k |
| VANGUARD GROUP INC | Added | +309.6k |
Biggest sellers
| ONTARIO TEACHERS PENSION PLAN BOARD | Sold out | -1.6m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.3m |
| T. Rowe Price Investment Management, Inc. | Reduced | -898.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -697.7k |
| Stonehage Fleming Financial Services Holdings Ltd | Sold out | -672.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -661.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -367.4k |
| CI INVESTMENTS INC. | Reduced | -290.7k |
| First Western Trust Bank | Reduced | -262.9k |
| VIKING GLOBAL INVESTORS LP | Sold out | -248.9k |
Biggest calls
| BANK OF AMERICA CORP /DE/ | Added | $108.1m302.1k shares |
| CITADEL ADVISORS LLC | Added | $92.7m259.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $59.8m167.2k shares |
| JANE STREET GROUP, LLC | Added | $55.0m153.8k shares |
| Twin Tree Management, LP | Reduced | $36.1m101.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $28.2m78.9k shares |
| GARDA CAPITAL PARTNERS LP | Added | $19.9m55.7k shares |
| Laurion Capital Management LP | Reduced | $18.1m50.5k shares |
| WOLVERINE TRADING, LLC | Added | $13.8m38.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $13.5m37.6k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $57.0m159.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $38.6m108.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $32.9m91.8k shares |
| Walleye Capital LLC | Reduced | $18.8m52.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $18.3m51.2k shares |
| Laurion Capital Management LP | Added | $16.2m45.2k shares |
| GARDA CAPITAL PARTNERS LP | Added | $15.6m43.6k shares |
| Point72 Asset Management, L.P. | New | $12.8m35.8k shares |
| Eisler Capital (UK) Ltd. | Added | $12.8m35.7k shares |
| IMC-Chicago, LLC | Reduced | $7.7m21.4k 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 2024
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 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 | — |
| Q1 2024 | 0 | — | 3 | $104.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-02-09 | Boehnlein Glenn S VP, Chief Financial Officer | Sold | $3.3m9.6k shares |
| 2024-02-06 | STRYKER RONDA E Director · By Revocable Trust | Sold | $31.4m92.3k shares |
| 2024-02-05 | STRYKER RONDA E Director · By Revocable Trust | Sold | $69.0m201.1k shares |
| 2024-02-02 | Golston Allan C. Director | Sold | $1.1m3.3k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.22% of their portfolio | 31.5m $11.3bn | Added +309.6k |
| BlackRock Inc. 0.22% of their portfolio | 26.2m $9.4bn | Added +1.3m |
| GREENLEAF TRUST 61.85% of their portfolio | 18.6m $6.7bn | Added +108.1k |
| JPMORGAN CHASE & CO 0.28% of their portfolio | 17.3m $6.2bn | Added +1.6m |
| MORGAN STANLEY 0.15% of their portfolio | 15.6m $5.6bn | Added +4.7m |
| STATE STREET CORP 0.23% of their portfolio | 14.4m $5.1bn | Added +86.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.52% of their portfolio | 11.9m $4.3bn | Reduced -661.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.69% of their portfolio | 10.8m $3.9bn | Reduced -1.3m |
| Capital Research Global Investors 0.81% of their portfolio | 10.0m $3.6bn | Reduced -222.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.22% of their portfolio | 6.6m $2.3bn | Added +191.9k |
| FMR LLC 0.15% of their portfolio | 6.0m $2.2bn | Added +245.2k |
| Bank of New York Mellon Corp 0.40% of their portfolio | 5.8m $2.1bn | Reduced -165.0k |
| Fundsmith LLP 7.67% of their portfolio | 5.5m $2.0bn | Reduced -33.6k |
| FRANKLIN RESOURCES INC 0.54% of their portfolio | 4.8m $1.7bn | Added +105.2k |
| NORGES BANK 0.25% of their portfolio | 4.4m $1.6bn | Added +218.6k |
| Fisher Asset Management, LLC 0.69% of their portfolio | 4.2m $1.5bn | Added +114.8k |
| First Western Trust Bank 57.11% of their portfolio | 3.5m $1.3bn | Reduced -262.9k |
| NORTHERN TRUST CORP 0.20% of their portfolio | 3.3m $1.2bn | Reduced -132.9k |
| BANK OF AMERICA CORP /DE/ 0.11% of their portfolio | 3.1m $1.1bn | Added +877.6k |
| Legal & General Group Plc 0.24% of their portfolio | 2.3m $837.0m | Reduced -35.4k |
| Clearbridge Investments, LLC 0.64% of their portfolio | 2.3m $807.7m | Reduced -18.0k |
| WELLS FARGO & COMPANY/MN 0.20% of their portfolio | 2.1m $767.6m | Added +75.3k |
| JENSEN INVESTMENT MANAGEMENT INC 5.78% of their portfolio | 2.1m $756.9m | Reduced -193.4k |
| GOLDMAN SACHS GROUP INC 0.15% of their portfolio | 2.1m $736.0m | Reduced -367.4k |
| Invesco Ltd. 0.15% of their portfolio | 1.9m $697.8m | Reduced -59.5k |
| ROYAL BANK OF CANADA 0.16% of their portfolio | 1.8m $656.0m | Added +9.7k |
| JANUS HENDERSON GROUP PLC 0.36% of their portfolio | 1.8m $654.2m | Reduced -10.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.15% of their portfolio | 1.8m $653.5m | Added +54.9k |
| FUNDSMITH INVESTMENT SERVICES LTD. 8.48% of their portfolio | 1.8m $638.4m | Added +19.6k |
| Nuveen Asset Management, LLC 0.18% of their portfolio | 1.7m $594.3m | Added +3.0k |
| TD Asset Management Inc 0.53% of their portfolio | 1.6m $573.1m | Added +44.8k |
| AMERIPRISE FINANCIAL INC 0.15% of their portfolio | 1.6m $559.2m | Reduced -16.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.16% of their portfolio | 1.3m $447.9m | Added +571 |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 3.96% of their portfolio | 1.2m $398.7m | Reduced -23.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.29% of their portfolio | 1.2m $417.7m | Reduced -14.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.39% of their portfolio | 1.2m $416.3m | Reduced -4.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.47% of their portfolio | 1.2m $412.4m | Reduced -697.7k |
| BARCLAYS PLC 0.17% of their portfolio | 1.1m $387.2m | Added +159.9k |
| UBS Group AG 0.13% of their portfolio | 1.1m $381.8m | Added +169.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.45% of their portfolio | 1.1m $380.0m | Added +360.6k |
| PNC Financial Services Group, Inc. 0.26% of their portfolio | 1.1m $377.8m | Reduced -8.5k |
| Corient Private Wealth LP 0.67% of their portfolio | 1.0m $374.0m | Added +4.7k |
| Swiss National Bank 0.26% of their portfolio | 1.0m $366.5m | Reduced -44.7k |
| Global Assets Advisory, LLC 0.10% of their portfolio | 953.0k $2.7k | New |
| ALLIANCEBERNSTEIN L.P. 0.12% of their portfolio | 944.2k $337.9m | Reduced -105.0k |
| BLAIR WILLIAM & CO/IL 1.04% of their portfolio | 926.6k $331.6m | Added +44.1k |
| 1832 Asset Management L.P. 0.57% of their portfolio | 878.7k $314.4m | Added +522.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.34% of their portfolio | 809.2k $290.3m | Reduced -109.4k |
| DEUTSCHE BANK AG\ 0.13% of their portfolio | 794.4k $284.3m | Added +31.3k |
| Magellan Asset Management Ltd 2.71% of their portfolio | 792.1k $283.5m | Reduced -48.5k |
| CIBC Private Wealth Group LLC 0.55% of their portfolio | 787.5k $279.3m | Reduced -28.5k |
| Ensign Peak Advisors, Inc 0.51% of their portfolio | 775.1k $277.4m | Added +30.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.08% of their portfolio | 754.3k $270.0m | Reduced -248.0k |
| NEUBERGER BERMAN GROUP LLC 0.22% of their portfolio | 752.1k $269.2m | Reduced -205.4k |
| DekaBank Deutsche Girozentrale 0.50% of their portfolio | 745.6k $268.2m | Added +9.9k |
| HSBC HOLDINGS PLC 0.19% of their portfolio | 742.2k $265.5m | Added +198.9k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.08% of their portfolio | 741.3k $265.3m | Reduced -93.8k |
| Amundi 0.10% of their portfolio | 695.3k $227.7m | Reduced -94.1k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 689.7k $246.8m | Added +7.9k |
| RHUMBLINE ADVISERS 0.23% of their portfolio | 666.1k $238.4m | Reduced -1.9k |
| California Public Employees Retirement System 0.16% of their portfolio | 648.4k $232.1m | Reduced -18.3k |
| National Pension Service 0.27% of their portfolio | 636.9k $227.9m | Added +9.7k |
| AustralianSuper Pty Ltd 1.30% of their portfolio | 628.6k $222.9m | Reduced -2.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio | 601.5k $215.3m | Added +11.2k |
| RAYMOND JAMES & ASSOCIATES 0.14% of their portfolio | 591.2k $211.6m | Added +24.7k |
| FIRST TRUST ADVISORS LP 0.21% of their portfolio | 583.7k $208.9m | Reduced -79.5k |
| CI INVESTMENTS INC. 0.80% of their portfolio | 563.9k $201.8m | Reduced -290.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.19% of their portfolio | 563.4k $201.6m | Reduced -212.7k |
| LAZARD ASSET MANAGEMENT LLC 0.24% of their portfolio | 561.5k $201.0m | Added +31.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.26% of their portfolio | 559.5k $200.2m | Reduced -47.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.25% of their portfolio | 557.4k $199.5m | Added +3.2k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 553.0k $198.6m | Added +20.9k |
| CREDIT SUISSE AG/ 0.19% of their portfolio | 548.0k $196.1m | Reduced -17.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.19% of their portfolio | 546.9k $195.6m | Added +106.3k |
| OMERS ADMINISTRATION Corp 2.22% of their portfolio | 542.2k $194.0m | Added +3.3k |
| STIFEL FINANCIAL CORP 0.22% of their portfolio | 539.0k $192.9m | Added +47.2k |
| Fenimore Asset Management Inc 3.98% of their portfolio | 526.6k $188.5m | Reduced -295 |
| Welch & Forbes LLC 2.56% of their portfolio | 521.8k $186.8m | Reduced -2.5k |
| Mariner, LLC 0.38% of their portfolio | 509.2k $182.2m | Added +90.3k |
| FIL Ltd 0.16% of their portfolio | 461.5k $165.2m | Reduced -19.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.17% of their portfolio | 458.3k $164.0m | Added +74.5k |
| MARSHALL WACE, LLP 0.27% of their portfolio | 457.6k $163.8m | New |
| Bellevue Group AG 2.45% of their portfolio | 449.3k $160.8m | Reduced -16.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.12% of their portfolio | 446.1k $159.6m | Added +10.0k |
| HighTower Advisors, LLC 0.25% of their portfolio | 427.8k $153.2m | Reduced -7.6k |
| Boston Trust Walden Corp 1.09% of their portfolio | 426.2k $152.5m | Reduced -17.3k |
| FLOSSBACH VON STORCH SE 0.64% of their portfolio | 412.6k $147.7m | Reduced -95.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.20% of their portfolio | 407.6k $145.9m | Added +70.6k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.64% of their portfolio | 396.5k $141.9m | Added +3.9k |
| Qube Research & Technologies Ltd 0.26% of their portfolio | 394.8k $141.3m | Added +138.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.26% of their portfolio | 389.7k $111.2m | Added +14.9k |
| D. E. Shaw & Co., Inc. 0.17% of their portfolio | 380.2k $136.1m | Added +153.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 379.7k $135.9m | Reduced -27.1k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.46% of their portfolio | 376.2k $134.6m | Added +59.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.16% of their portfolio | 367.4k $131.5m | Added +50.7k |
| NATIONAL BANK OF CANADA /FI/ 0.21% of their portfolio | 360.8k $119.2m | Added +181.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.32% of their portfolio | 358.7k $128.4m | Reduced -63.4k |
| MACKENZIE FINANCIAL CORP 0.18% of their portfolio | 356.9k $127.7m | Reduced -288 |
| Korea Investment CORP 0.31% of their portfolio | 336.3k $120.3m | Reduced -14.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.22% of their portfolio | 331.7k $118.7m | Added +194.7k |