Callaway Golf Company
CALY
225 hedge funds and large institutions have $919M invested in Callaway Golf Company in 2016 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 73 increasing their positions, 78 reducing their positions, and 27 closing their positions.
37% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 27
12% more capital invested
Capital invested by funds: $820M → $919M (+$99.3M)
5% more funds holding
Funds holding: 215 → 225 (+10)
1.57% more ownership
Funds ownership: 85.39% → 86.96% (+1.6%)
6% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 78
11% less call options, than puts
Call options by funds: $3.82M | Put options by funds: $4.3M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.7M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$20M |
| 3 |
CCI
Columbus Circle Investors
|
+$9.55M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.19M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$8.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$27.2M |
| 2 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$16M |
| 3 |
Millennium Management
New York
|
-$13.7M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$6.41M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$6.41M |
CALY Hedge Fund Activity: Q3 2016 in Review
225 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Callaway Golf Company (CALY) for Q3 2016, worth a combined $919M — up 12% from $820M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new CALY positions and 27 closed out — a net gain of 10 holders — while 73 added to existing stakes and 78 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $39.7M. The largest seller was Park West Asset Management, exiting entirely with an estimated $27.2M sold.
- 225 institutional investors held Callaway Golf Company (CALY) as of Q3 2016, up from 215 in Q2 2016.
- Funds reported $919M of Callaway Golf Company stock for Q3 2016, up 12% quarter-over-quarter.
- 37 funds opened new Callaway Golf Company positions in Q3 2016 and 27 closed out, a net change of +10 holders.
- The largest Callaway Golf Company buyer in Q3 2016 was Fidelity Investments, an estimated $39.7M added.
- The largest Callaway Golf Company seller in Q3 2016 was Park West Asset Management, an estimated $27.2M sold.
Based on aggregated 13F filings for Q3 2016.