Callaway Golf Company
CALY
171 hedge funds and large institutions have $741M invested in Callaway Golf Company in 2014 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 48 increasing their positions, 72 reducing their positions, and 40 closing their positions.
22% more capital invested
Capital invested by funds: $608M → $741M (+$133M)
2.89% less ownership
Funds ownership: 96.68% → 93.79% (-2.9%)
6% less funds holding
Funds holding: 182 → 171 (-11)
25% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 40
33% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 72
77% less call options, than puts
Call options by funds: $827K | Put options by funds: $3.64M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$19.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$16.4M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$6.3M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$5.61M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$10.6M |
| 2 |
Morgan Stanley
New York
|
-$4.98M |
| 3 |
KIA
King Investment Advisors
Houston,
Texas
|
-$4.59M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$4.47M |
| 5 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$3.98M |
CALY Hedge Fund Activity: Q1 2014 in Review
171 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Callaway Golf Company (CALY) for Q1 2014, worth a combined $741M — up 22% from $608M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CALY and 30 opened new positions — a net loss of 10 holders — while 72 trimmed existing stakes and 48 added.
The largest buyer was THB Asset Management, opening a new position worth an estimated $19.8M. The largest seller was Royce & Associates, cutting an estimated $10.6M.
- 171 institutional investors held Callaway Golf Company (CALY) as of Q1 2014, down from 182 in Q4 2013.
- Funds reported $741M of Callaway Golf Company stock for Q1 2014, up 22% quarter-over-quarter.
- 30 funds opened new Callaway Golf Company positions in Q1 2014 and 40 closed out, a net change of -10 holders.
- The largest Callaway Golf Company buyer in Q1 2014 was THB Asset Management, an estimated $19.8M added.
- The largest Callaway Golf Company seller in Q1 2014 was Royce & Associates, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2014.