Callaway Golf Company
CALY
176 hedge funds and large institutions have $650M invested in Callaway Golf Company in 2015 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 63 increasing their positions, 56 reducing their positions, and 24 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 56
4% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 24
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.39% less ownership
Funds ownership: 99.65% → 99.26% (-0.39%)
1% less funds holding
Funds holding: 177 → 176 (-1)
6% less capital invested
Capital invested by funds: $694M → $650M (-$44M)
49% less call options, than puts
Call options by funds: $1.29M | Put options by funds: $2.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$20.3M |
| 2 |
Millennium Management
New York
|
+$5.71M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$4.69M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
+$4.38M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$4.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$12.7M |
| 2 |
KG
Killen Group
Berwyn,
Pennsylvania
|
-$6.06M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$5.1M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.81M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.4M |
CALY Hedge Fund Activity: Q3 2015 in Review
176 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Callaway Golf Company (CALY) for Q3 2015, worth a combined $650M — down 6.3% from $694M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CALY positions and 24 closed out — a net gain of 1 holder — while 63 added to existing stakes and 56 trimmed.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $20.3M. The largest seller was THB Asset Management, cutting an estimated $12.7M.
- 176 institutional investors held Callaway Golf Company (CALY) as of Q3 2015, down from 177 in Q2 2015.
- Funds reported $650M of Callaway Golf Company stock for Q3 2015, down 6.3% quarter-over-quarter.
- 25 funds opened new Callaway Golf Company positions in Q3 2015 and 24 closed out, a net change of +1 holder.
- The largest Callaway Golf Company buyer in Q3 2015 was Park West Asset Management, an estimated $20.3M added.
- The largest Callaway Golf Company seller in Q3 2015 was THB Asset Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q3 2015.