Greenleaf Trust Amends Stryker Corp. (SYK) Holdings
Ticker: SYK · Form: SC 13G/A · Filed: 2024-02-12T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**Greenleaf Trust updated its Stryker (SYK) holdings, confirming continued institutional interest.**
AI Summary
Greenleaf Trust, a Michigan-based financial institution, filed an amended SC 13G/A on February 12, 2024, indicating its ownership of Stryker Corporation's common stock as of December 31, 2023. This filing is an amendment, suggesting a change in their previously reported holdings. While the exact number of shares or percentage owned isn't explicitly stated in the provided text, it confirms Greenleaf Trust's continued significant, but passive, investment in Stryker. This matters to investors as it shows a large institutional investor maintains a position in Stryker, potentially signaling confidence in the company's long-term prospects.
Why It Matters
This filing confirms Greenleaf Trust's ongoing institutional investment in Stryker, which can be a positive signal for other investors, indicating continued confidence in the company's value.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a passive institutional investor and does not indicate any immediate financial risk or significant change in company control.
Analyst Insight
Investors should note that a major institutional investor, Greenleaf Trust, continues to hold a position in Stryker, which can be a sign of long-term confidence. However, without the exact percentage of ownership, the impact of this specific amendment is limited. It's prudent to monitor future filings for changes in ownership percentage.
Key Numbers
- $.10 Par Value — Common Stock Par Value (identifies the specific class of Stryker Corporation's securities held by Greenleaf Trust)
- 17 — Amendment Number (indicates this is the 17th amendment to Greenleaf Trust's Schedule 13G filing for Stryker Corporation)
Key Players & Entities
- Greenleaf Trust (company) — the reporting person and institutional investor
- Stryker Corporation (company) — the issuer of the securities being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 12, 2024 (date) — the filing date of the SC 13G/A
- 863667101 (number) — the CUSIP number for Stryker Corporation's common stock
- 38-3416104 (number) — Greenleaf Trust's IRS Identification Number
- 0000310764 (number) — Stryker Corp's Central Index Key (CIK)
Forward-Looking Statements
- Greenleaf Trust will maintain a significant, passive stake in Stryker Corporation. (Greenleaf Trust) — high confidence, target: December 31, 2024
- Stryker Corporation's stock will continue to be viewed favorably by institutional investors. (Stryker Corporation) — medium confidence, target: December 31, 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is Greenleaf Trust, identified by its IRS Number 38-3416104 and located at 211 South Rose Street, Kalamazoo, MI.
What company's securities are being reported in this filing?
The securities of Stryker Corporation are being reported. Stryker Corporation has a CIK of 0000310764 and is based in Kalamazoo, MI.
What is the CUSIP number for the securities mentioned in the filing?
The CUSIP number for the Common Stock, $.10 Par Value of Stryker Corporation is 863667101.
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires the filing of this statement was December 31, 2023.
What rule under the Securities Exchange Act of 1934 is this Schedule 13G filed under?
This Schedule 13G/A is filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, as indicated by the 'X' in the appropriate box.
From the Filing
EDGAR Filing Documents for 0001162170-24-000003 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001162170-24-000003 Filing Date 2024-02-12 Accepted 2024-02-12 10:18:54 Documents 1 Document Format Files Seq Description Document Type Size 1 SCHEDULE 13G filingtext2023.txt SC 13G/A 7642 Complete submission text file 0001162170-24-000003.txt 9112 Mailing Address 2825 AIRVIEW BLVD KALAMAZOO MI 49002 Business Address 2825 AIRVIEW BLVD KALAMAZOO MI 49002 2693892600 STRYKER CORP (Subject) CIK : 0000310764 (see all company filings) EIN. : 381239739 | State of Incorp.: MI | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-31990 | Film No.: 24617882 SIC : 3841 Surgical & Medical Instruments & Apparatus (CF Office: 08 Industrial Applications and Services) Mailing Address 211 SOUTH ROSE STREET KALAMAZOO MI 49007 Business Address 211 SOUTH ROSE STREET KALAMAZOO MI 49007 2693889800 GREENLEAF TRUST (Filed by) CIK : 0001162170 (see all company filings) EIN. : 383416104 Type: SC 13G/A