RTW Investments SYK Position
Exited5-Fund ConvergenceRTW Investments exited their position in STRYKER CORP (SYK) in Q4 2023, after holding the stock for 2 quarters.
The position was first reported in Q3 2023 and has been tracked across 2 quarterly 13F filings.
SYK is a convergence signal: 5 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 2 readout for Indocyanine green solution administered at 2.0mg/kg. in 259 days (Dec 31, 2026), making the timing of RTW Investments's position particularly relevant.
About STRYKER CORP
Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies. The MedSurg and Neurotechnology segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical device products that are used in various medical specialties. This segment also provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.
Full company profile →Short Interest
1.2%
1.9 days to cover
RTW Investments SYK Position History
Frequently Asked Questions
Does RTW Investments own SYK?
No. RTW Investments exited their position in STRYKER CORP (SYK) in Q4 2023. They previously held the stock for 2 quarters.
How many hedge funds own SYK?
5 specialist biotech hedge funds currently hold SYK, including OrbiMed Advisors, Redmile Group, Eventide Asset Management and 2 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did RTW Investments first buy SYK?
RTW Investments's position in SYK was first reported in Q3 2023. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is RTW Investments's SYK position increasing or decreasing?
RTW Investments completely exited their SYK position in the most recent quarter.
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