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Nicolai Tangen's AKO Capital reduced its SYK position by 92%, from 1.61% to 0.15% of the portfolio.

Now holds 20,624 shares worth $6.49M.
Published · Based on SEC filings

Low impact
Major trim
2026 Q2

Nicolai Tangen's AKO Capital reduced its Stryker Corp (SYK) position by 92% in 2026 Q2, according to the 13F-HR filed with the SEC on August 12, 2026. The stake went from 250K to 20.6K shares, worth about $6.5M, and from 1.61% to 0.15% of the reported portfolio.

What did the 2026 Q2 filing report for SYK?

As of June 30, 2026, from the 13F-HR filed August 12, 2026.

Before After
Shares 250K 20.6K
Shares sold -229K (92%)
Reported value $82.1M $6.5M
Portfolio weight 1.61% 0.15%
Rank in portfolio 22nd of 22

How much did Nicolai Tangen cut SYK?

Nicolai Tangen sold 229K shares of SYK during 2026 Q2, cutting the stake from 250K to 20.6K. The reported value of the position fell by about $75.6M, from about $82.1M to about $6.5M.

Where does SYK sit in the Nicolai Tangen portfolio?

SYK ranks 22nd of 22 stock positions in the Nicolai Tangen portfolio at 0.15%, below the fund's average stock position of 5%. The largest stock position is ALC at 15.19%. Next come SUNB at 10.59% and V at 7.87%. The three largest stocks together are 33.65% of the book. The SYK cut was the 10th largest of the quarter's 27 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Nicolai Tangen reported 22 stock positions, with none opened and 5 closed. The total portfolio value is about $4.3B, down 16% from the prior quarter.

Nicolai Tangen buys and sells, 2026 Q2

How long has Nicolai Tangen held SYK?

Nicolai Tangen first reported SYK in the quarter ended March 31, 2026. Every reported trade is on the Nicolai Tangen SYK trade history page.

Nicolai Tangen shares of SYK by quarter

Did other funds buy or sell SYK in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 12, 2026, 3 hold SYK. Of those, 1 added to the position this quarter and 2 trimmed it. The largest buyer of SYK this quarter was Parnassus Endeavor Fund. The largest sellers were Terry Smith and Eric H. Schoenstein. Every tracked holder of SYK is on the SYK ownership page.

FAQ

How many SYK shares did Nicolai Tangen sell in 2026 Q2?

Nicolai Tangen sold 229K shares of SYK, 92% of the position, leaving 20.6K shares.

What remains of the SYK position of Nicolai Tangen?

Nicolai Tangen still holds 20.6K shares of SYK, worth about $6.5M at June 30, 2026 prices.

How much of the Nicolai Tangen portfolio is SYK now?

SYK is 0.15% of the Nicolai Tangen portfolio, down from 1.61% a quarter earlier.

Did other funds trim SYK in 2026 Q2?

Among the 3 other tracked funds that hold SYK, 2 trimmed it in 2026 Q2 and 1 added to it.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst