Callaway Golf Company
CALY
297 hedge funds and large institutions have $3.45B invested in Callaway Golf Company in 2021 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 95 increasing their positions, 99 reducing their positions, and 48 closing their positions.
216% more call options, than puts
Call options by funds: $98.2M | Put options by funds: $31M
56% more capital invested
Capital invested by funds: $2.21B → $3.45B (+$1.24B)
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
29% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 48
4% more funds holding
Funds holding: 285 → 297 (+12)
4% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 99
26.29% less ownership
Funds ownership: 97.64% → 71.35% (-26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PEP
Providence Equity Partners
Providence,
Rhode Island
|
+$814M |
| 2 |
RCM
Requisite Capital Management
Dallas,
Texas
|
+$157M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$96.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$47.5M |
| 5 |
Bank of New York Mellon
New York
|
+$32.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$83.8M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$44.5M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$29.8M |
| 4 |
NC
Nitorum Capital
New York
|
-$28.6M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$20.1M |
CALY Hedge Fund Activity: Q1 2021 in Review
297 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Callaway Golf Company (CALY) for Q1 2021, worth a combined $3.45B — up 56% from $2.21B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new CALY positions and 48 closed out — a net gain of 14 holders — while 95 added to existing stakes and 99 trimmed.
The largest buyer was Providence Equity Partners, opening a new position worth an estimated $814M. The largest seller was Cadian Capital Management, exiting entirely with an estimated $83.8M sold.
- 297 institutional investors held Callaway Golf Company (CALY) as of Q1 2021, up from 285 in Q4 2020.
- Funds reported $3.45B of Callaway Golf Company stock for Q1 2021, up 56% quarter-over-quarter.
- 62 funds opened new Callaway Golf Company positions in Q1 2021 and 48 closed out, a net change of +14 holders.
- The largest Callaway Golf Company buyer in Q1 2021 was Providence Equity Partners, an estimated $814M added.
- The largest Callaway Golf Company seller in Q1 2021 was Cadian Capital Management, an estimated $83.8M sold.
Based on aggregated 13F filings for Q1 2021.