KAPALUA - American Steve Stricker birdied two of the last three holes to fire a four-under par 69 in Monday's final round and win the $5.6 million US PGA Hyundai Tournament of Champions by three strokes.

Stricker, who turns 45 next month, captured a $1.12 million top prize in the matchup of last year's winners, which was without 2011 major champions Darren Clarke and Rory McIlroy of Northern Ireland and South African Charl Schwartzel.

Stricker finished on 23-under par 269 to defeat Scotland's Martin Laird by three strokes, with Americans Jonathan Byrd and Webb Simpson sharing third on 273. South Korean K.J. Choi and American Harrison Frazar shared fifth on 277.

"It was tough," Stricker said. "I never let up but it's always tough trying to win. It's even tougher playing with a lead like I had. In the end I got the ball in the hole."

Stricker, the only player to win multiple titles in each of the past three US PGA seasons, took the 12th title of his career, his first since capturing his third consecutive John Deere Classic crown last July.

The triumph was Stricker's eighth in the past 32 months and moved him up to fifth in the world rankings, the highest spot of any American.

Stricker, who began the day with a five-stroke edge, opened with five pars before his lone bogey at the par-4 sixth, having missed solid birdie chances while rivals closed the gap.

"I felt it kind of slipping away but I was patient, frustrated but patient," Stricker said. "I told myself if I could get a couple back by the turn I would be all right." Stricker reached the tee at the par-4 16th with a two-stroke lead over defending champion Byrd, Laird and Simpson. Byrd smacked a 3-wood shot 92 yards to four feet on his approach, but Stricker followed by dropping his approach three feet from the cup. Byrd sank his birdie putt only to have Stricker sink his birdie putt moments later to restore his two-stroke edge.

Byrd took another bogey at 18 and Stricker finished with an eight-foot birdie to stretch his final victory margin. Laird birdied five of the last seven holes but his charge was too little and too late, undone by bogeys at the eighth and 10th after having run off three birdies in a row starting at the third hole. Simpson birdied 15 and 16 but could not close on Stricker, finishing with back-to-back pars. Stricker said he has fully recovered from a neck injury that nagged him late last season and his game is ahead of where it would normally be so early in a season.

"I feel like I'm a little further along than normal and I played that way this week," he said.