Callaway Golf Company
CALY
232 hedge funds and large institutions have $1.08B invested in Callaway Golf Company in 2017 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 76 increasing their positions, 67 reducing their positions, and 27 closing their positions.
52% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 27
17% more capital invested
Capital invested by funds: $925M → $1.08B (+$154M)
13% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 67
6% more funds holding
Funds holding: 218 → 232 (+14)
0.85% more ownership
Funds ownership: 89.1% → 89.95% (+0.85%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
58% less call options, than puts
Call options by funds: $639K | Put options by funds: $1.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
+$46.9M |
| 2 |
Millennium Management
New York
|
+$17.9M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$10.3M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.65M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yost Capital Management
Houston,
Texas
|
-$19.6M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$17.3M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$12.7M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$11.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Stifel Financial
St. Louis,
Missouri
| – | -$118K | -10,813 | Closed |
|
|
N
252
Natixis
Paris,
France
| – | -$115K | -10,424 | Closed |
|
253
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$29K | -2,660 | Closed |
|
|
FPF
254
FNY Partners Fund
New York
| – | -$11K | -1,000 | Closed |
|
255
Parallax Volatility Advisers
San Francisco,
California
| – | -$5K | -427 | Closed |
|
|
QI
256
QS Investors
New York
| – | -$1K | -102 | Closed |
|
CALY Hedge Fund Activity: Q2 2017 in Review
232 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Callaway Golf Company (CALY) for Q2 2017, worth a combined $1.08B — up 17% from $925M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CALY positions and 27 closed out — a net gain of 14 holders — while 76 added to existing stakes and 67 trimmed.
The largest buyer was Daruma Capital Management, opening a new position worth an estimated $46.9M. The largest seller was Yost Capital Management, exiting entirely with an estimated $19.6M sold.
- 232 institutional investors held Callaway Golf Company (CALY) as of Q2 2017, up from 218 in Q1 2017.
- Funds reported $1.08B of Callaway Golf Company stock for Q2 2017, up 17% quarter-over-quarter.
- 41 funds opened new Callaway Golf Company positions in Q2 2017 and 27 closed out, a net change of +14 holders.
- The largest Callaway Golf Company buyer in Q2 2017 was Daruma Capital Management, an estimated $46.9M added.
- The largest Callaway Golf Company seller in Q2 2017 was Yost Capital Management, an estimated $19.6M sold.
Based on aggregated 13F filings for Q2 2017.