Intuitive Surgical

ISRG • NASDAQ

Intuitive Surgical is a medical - instruments & supplies company in the healthcare sector on NASDAQ, led by Gary S. Guthart, with a market cap of $194.04B. As of Q3 2025, 80% of shares are held by 2,046 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.37%.

President and Chief Executive OfficerGary S. Guthart

Market Cap$194.04B

Medical - Instruments & Supplies

Healthcare

Employees13.7K

Websiteintuitive.com

Country

United States of America

Overview

Overview of institutional ownership in ISRG as of Q3 2025 with a market cap of $160.32B

All Institutions

Institutions: 2,046
Value Held: $129.02B
Shares Held: 289.3M
Avg Position: $63.1M
Median Position: $1.3M

Hedge Funds

Hedge Funds: 116
Value Held: $4.3B
Shares Held: 9.5M
Avg Position: $36.7M
Median Position: $4.8M

Ownership Breakdown

Institutional (non-HF)

77.82%

$124.76B

Hedge Funds

2.66%

$4.3B

Retail & Other

19.52%

$31.3B

Based on market cap of $160.32B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ISRG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$15.0B 0.22% of portfolio	9.37% 33.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$14.1B 0.25% of portfolio	8.80% 31.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$6.9B 0.24% of portfolio	4.33% 15.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$5.7B 0.63% of portfolio	3.58% 12.8M shares	≤ Q2 2013 Held for 12y 5m+	$912.31B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$3.7B 0.23% of portfolio	2.31% 8.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
C Capital World Investors Institution	-	$3.5B 0.47% of portfolio	2.16% 7.7M shares	≤ Q2 2013 Held for 12y 5m+	$730.00B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$2.8B 0.17% of portfolio	1.76% 6.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
FMR LLC Institution	-	$2.2B 0.12% of portfolio	1.39% 5.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
Bank of New York Mellon Corp Institution	Robin Vince CEO	$1.8B 0.33% of portfolio	1.15% 4.1M shares	≤ Q2 2013 Held for 12y 5m+	$556.34B
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$1.8B 0.57% of portfolio	1.13% 4.0M shares	≤ Q2 2013 Held for 12y 5m+	$317.45B

Net Capital Flow

Institutional buying and selling activity for ISRG in Q3 2025

Traded: −$3.2B
Buyers: 962
Sellers: 1,045
Total Bought: +$8.0B
Total Sold: −$11.2B
Avg Position: $56.0M

Biggest Buyers

Institution	Net Bought	Current Position
D D. E. Shaw & Co., Inc. Institution	+$620.8M +1.4M shares	$902.9M 2.0M shares
A Amundi Institution	+$332.5M +739.4K shares	$1.5B 3.2M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$312.7M +699.1K shares	$571.7M 1.3M shares
J JANE STREET GROUP, LLC Institution	+$298.2M +666.8K shares	$305.3M 682.7K shares
Q Qube Research & Technologies Ltd Institution	+$275.6M +616.2K shares	$345.6M 772.9K shares
SANDS CAPITAL MANAGEMENT, LLC Long Only Manager	+$261.0M +583.5K shares	$599.8M 1.3M shares
GOLDMAN SACHS GROUP INC Institution	+$254.1M +568.3K shares	$1.4B 3.1M shares
S Swedbank AB Institution	+$244.4M +546.5K shares	$327.0M 731.2K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$219.3M +490.5K shares	$371.0M 829.6K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$196.0M +438.2K shares	$301.7M 674.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
JPMORGAN CHASE & CO Institution	−$1.9B −4.2M shares	$1.6B 3.5M shares
FMR LLC Institution	−$1.6B −3.7M shares	$2.2B 5.0M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	−$622.9M −1.1M shares	Sold Off 0 shares
Capital Research Global Investors RIA/Wealth	−$582.6M −1.3M shares	$694.4M 1.6M shares
Invesco Ltd. ETF Provider	−$404.1M −903.7K shares	$1.6B 3.5M shares
A Assenagon Asset Management S.A. Institution	−$375.7M −840.0K shares	$332.0M 742.3K shares
A AXA Institution	−$372.9M −686.2K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$325.1M −726.9K shares	$116.7M 261.0K shares
Winslow Capital Management, LLC Long Only Manager	−$295.8M −661.5K shares	$304.6M 681.0K shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$266.9M −596.7K shares	$5.7B 12.8M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ISRG in Q3 2025

New Positions: 57
New Value: $98.0M
Exited Positions: 258
Exited Value: $1.7B

New Positions

Institution	Position Value
S Svenska Handelsbanken AB Institution	$29.5M 66.0K shares
K KADENSA CAPITAL Ltd Institution	$11.6M 26.0K shares
NFJ INVESTMENT GROUP, LLC Long Only Manager	$10.2M 22.9K shares
D DAVIS-REA LTD. Institution	$6.9M 15.5K shares
J. Stern & Co. LLP Long Only Manager	$5.1M 11.4K shares
R Roberts Wealth Advisors, LLC RIA/Wealth	$3.6M 8.2K shares
V VCI Wealth Management LLC Institution	$3.0M 6.6K shares
T TEMA ETFS LLC Institution	$2.6M 5.9K shares
D Delta Global Management LP Hedge Fund•Market Neutral	$2.6M 5.7K shares
DEERFIELD MANAGEMENT CO /NY Hedge Fund•Long/Short	$2.4M 5.4K shares

Exited Positions

Institution	Previous Position
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	$622.9M 1.1M shares
A AXA Institution	$372.9M 686.2K shares
Castle Hook Partners LP Hedge Fund•Global Macro	$52.7M 97.0K shares
KENSICO CAPITAL MANAGEMENT CORP Hedge Fund•Multi-Strategy	$51.5M 94.7K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$41.7M 76.8K shares
Iron Triangle Partners LP Hedge Fund•Long/Short	$32.6M 60.0K shares
Main Street Research LLC RIA/Wealth	$32.3M 59.5K shares
A Allen Investment Management LLC RIA/Wealth	$29.1M 53.5K shares
M Meridiem Capital Partners LP Hedge Fund•Long/Short	$25.6M 47.1K shares
F FRANKLIN STREET ADVISORS INC /NC RIA/Wealth	$23.1M 42.6K shares

Options Activity

Institutions with the largest Call and Put options positions in ISRG as of Q3 2025

Call Positions: 55
Call Value: $1.2B
Put Positions: 56
Put Value: $1.7B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$391.5M 8.8K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$154.2M 3.4K contracts
W WOLVERINE TRADING, LLC Institution	$99.6M 2.3K contracts
J JANE STREET GROUP, LLC Institution	$78.2M 1.7K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$67.0M 1.5K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$42.9M 959.0 contracts
UBS Group AG Institution	$41.5M 928.9 contracts
D D. E. Shaw & Co., Inc. Institution	$35.6M 797.0 contracts
Q Qube Research & Technologies Ltd Institution	$29.9M 669.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$21.0M 470.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$525.5M 11.8K contracts
J JANE STREET GROUP, LLC Institution	$161.4M 3.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$149.4M 3.3K contracts
Marshall Wace LLP Institution	$94.0M 2.1K contracts
BARCLAYS PLC Institution	$78.3M 1.8K contracts
CITIGROUP INC Institution	$75.4M 1.7K contracts
W WOLVERINE TRADING, LLC Institution	$58.1M 1.3K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$56.4M 1.3K contracts
D D. E. Shaw & Co., Inc. Institution	$55.6M 1.2K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$54.4M 1.2K contracts

Most Committed Institutions

Institutions with ISRG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S Svenska Handelsbanken AB Institution	-	10.34% $29.5M	0.02% 66.0K shares	Q3 2025 Held for 2 months	$285.6M
Deuterium Capital Management, LLC Hedge Fund•Global Macro	Osman Orhun Ozsan CEO	9.99% $6.9M	0.00% 15.4K shares	Q4 2021 Held for 3y 11m	$69.1M
OXFORD FINANCIAL GROUP LTD Family Office	Jeffrey Hugh Thomasson CEO	9.47% $167.3M	0.10% 374.2K shares	Q1 2020 Held for 5y 8m	$1.8B
Connective Capital Management, LLC Hedge Fund•Long/Short	Robert Magnus Romero CEO	9.02% $9.8M	0.01% 21.9K shares	Q1 2024 Held for 1y 8m	$108.7M
B BENDER ROBERT & ASSOCIATES Institution	-	7.05% $32.6M	0.02% 73.0K shares	≤ Q2 2013 Held for 12y 5m+	$462.6M
Biondo Investment Advisors, LLC RIA/Wealth	Joseph Peter Biondo CEO	6.84% $54.6M	0.03% 122.2K shares	≤ Q2 2013 Held for 12y 5m+	$798.5M
Catalio Capital Management, LP Venture Capital	Olga Eduardovna Maltseva COO	5.90% $31.9M	0.02% 71.3K shares	Q4 2024 Held for 11 months	$540.9M
Prosight Management, LP Hedge Fund•Long/Short	William Lawrence Hawkins Managing Partner	5.78% $21.8M	0.01% 48.7K shares	Q1 2025 Held for 8 months	$376.7M
Rockport Wealth LLC RIA/Wealth	Adam Richard Stalnaker Managing Partner	5.68% $27.9M	0.02% 62.4K shares	Q1 2024 Held for 1y 8m	$491.3M
Martin Capital Advisors, LLP RIA/Wealth	Paul Bryce Martin Managing Partner	5.40% $8.9M	0.01% 20.0K shares	Q4 2021 Held for 3y 11m	$165.7M

Hedge Fund Spotlight

Discover hedge funds investing in ISRG

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDavid Gary Kabiller

Portfolio Value: $156.17B
Positions: 3,453
Last Reported: Q3 2025

Sector Allocation

Position in Intuitive Surgical

Market Value: $40.1M
Shares Held: 90.4K
Portfolio Weight: 0.03%
Owned Since: 2014-Q3

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2 Microsoft MSFT	Software - Infrastructure Technology	$3.2B	2.05%
3 Apple AAPL	Consumer Electronics Technology	$2.8B	1.76%