Callaway Golf Company
CALY
233 hedge funds and large institutions have $948M invested in Callaway Golf Company in 2020 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 82 increasing their positions, 74 reducing their positions, and 63 closing their positions.
525% more call options, than puts
Call options by funds: $6.29M | Put options by funds: $1M
11% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 74
1.94% less ownership
Funds ownership: 98.36% → 96.42% (-1.9%)
8% less funds holding
Funds holding: 254 → 233 (-21)
29% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 63
52% less capital invested
Capital invested by funds: $1.96B → $948M (-$1.01B)
75% less funds holding in top 10
Funds holding in top 10: 8 → 2 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$28.6M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$24.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$9.34M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$7.39M |
| 5 |
Millennium Management
New York
|
+$5.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
-$23.5M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$23M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$15.7M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$11.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.2M |
CALY Hedge Fund Activity: Q1 2020 in Review
233 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Callaway Golf Company (CALY) for Q1 2020, worth a combined $948M — down 52% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of CALY and 45 opened new positions — a net loss of 18 holders — while 74 trimmed existing stakes and 82 added.
The largest buyer was Franklin Resources, adding an estimated $28.6M. The largest seller was Jana Partners, cutting an estimated $23.5M.
- 233 institutional investors held Callaway Golf Company (CALY) as of Q1 2020, down from 254 in Q4 2019.
- Funds reported $948M of Callaway Golf Company stock for Q1 2020, down 52% quarter-over-quarter.
- 45 funds opened new Callaway Golf Company positions in Q1 2020 and 63 closed out, a net change of -18 holders.
- The largest Callaway Golf Company buyer in Q1 2020 was Franklin Resources, an estimated $28.6M added.
- The largest Callaway Golf Company seller in Q1 2020 was Jana Partners, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2020.