TOPGOLF CALLAWAY BRANDS CORP CALY
COM · Common Stock · CUSIP 131193104 · ISIN US1311931042
American golf equipment manufacturer
- SectorConsumer discretionary
- IndustrySporting & Athletic Goods, NEC
- HeadquartersCarlsbad, CA
- Founded1982
- Websitecallawaygolf.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($22.3m this quarter). Holder counts are more reliable. Shares outstanding: 178.5m as of 2026-08-03, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $18.77. Options: 11 managers hold calls ($25.1m notional), 10 hold puts ($11.0m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 313 |
| Q4 2022 | 336 |
| Q1 2023 | 335 |
| Q2 2023 | 316 |
| Q3 2023 | 319 |
| Q4 2023 | 312 |
| Q1 2024 | 293 |
| Q2 2024 | 314 |
| Q3 2024 | 296 |
| Q4 2024 | 292 |
| Q1 2025 | 290 |
| Q2 2025 | 282 |
| Q3 2025 | 283 |
| Q4 2025 | 293 |
| Q1 2026 | 303 |
| Q2 2026 | 315 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 123 | 169 |
| Q4 2024 | 121 | 153 |
| Q1 2025 | 146 | 124 |
| Q2 2025 | 114 | 143 |
| Q3 2025 | 113 | 136 |
| Q4 2025 | 135 | 126 |
| Q1 2026 | 153 | 123 |
| Q2 2026 | 163 | 129 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $9.9m | $17.9m | 1.81 |
| Q4 2025 | $24.7m | $26.9m | 1.09 |
| Q1 2026 | $20.2m | $8.2m | 0.40 |
| Q2 2026 | $25.1m | $11.0m | 0.44 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +6.8m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +2.4m |
| GOLDMAN SACHS GROUP INC | Added | +1.5m |
| BlackRock, Inc. | Added | +962.5k |
| AMERIPRISE FINANCIAL INC | Added | +902.9k |
| JUPITER ASSET MANAGEMENT LTD | Added | +871.1k |
| Nicholas Investment Partners, LP | Added | +828.4k |
| LOOMIS SAYLES & CO L P | New | +814.9k |
| MACKENZIE FINANCIAL CORP | Added | +772.6k |
| FIRST TRUST ADVISORS LP | Added | +721.5k |
Biggest sellers
| Providence Equity Partners L.L.C. | Reduced | -11.1m |
| Leonard Green & Partners, L.P. | Sold out | -5.7m |
| SHAPIRO CAPITAL MANAGEMENT LLC | Reduced | -1.5m |
| BWCP, LP | Sold out | -1.4m |
| Point72 Asset Management, L.P. | Reduced | -1.1m |
| Balyasny Asset Management L.P. | Reduced | -946.0k |
| JPMORGAN CHASE & CO | Reduced | -703.4k |
| WINTON GROUP Ltd | Sold out | -466.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -392.4k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -375.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.1m270.4k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $4.2m221.6k shares |
| JANE STREET GROUP, LLC | Added | $3.8m199.7k shares |
| GROUP ONE TRADING LLC | Added | $2.7m141.7k shares |
| IMC-Chicago, LLC | Added | $2.4m127.2k shares |
| SIMPLEX TRADING, LLC | Added | $2.1m109.2k shares |
| CITADEL ADVISORS LLC | Added | $2.0m107.5k shares |
| HRT FINANCIAL LP | New | $1.9m100.2k shares |
| SUMMIT SECURITIES GROUP LLC | New | $845.5k45.0k shares |
| Walleye Trading LLC | Reduced | $214.2k11.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.2m169.6k shares |
| TWO SIGMA INVESTMENTS, LP | Unchanged | $1.9m100.6k shares |
| CITADEL ADVISORS LLC | Added | $1.6m87.2k shares |
| Crawford Fund Management, LLC | Reduced | $1.4m75.0k shares |
| JANE STREET GROUP, LLC | Added | $1.0m54.2k shares |
| Walleye Trading LLC | Added | $839.9k44.7k shares |
| GROUP ONE TRADING LLC | New | $392.7k20.9k shares |
| IMC-Chicago, LLC | New | $332.6k17.7k shares |
| Walleye Capital LLC | Reduced | $152.2k8.1k shares |
| SIMPLEX TRADING, LLC | New | $144.7k7.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +2.0 pts · filed 2026-10-27 | 13.0% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution new · filed 2026-08-13 | 7.9% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution no change · filed 2026-01-21 | 5.0% |
Fell to 5% or below in the last year: PEP TG Investments GP LLC (0.1%, 2026-05-26), VANGUARD GROUP INC (0.0%, 2026-03-26), SHAPIRO CAPITAL MANAGEMENT LLC (4.9%, 2025-11-14)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 4 | $5.9m | 0 | — | — |
| Q3 2025 | 0 | — | 2 | $1.2m | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $1.1m | — |
| Q2 2026 | 0 | — | 1 | $1.7m | — |
| Q3 2026 | 0 | — | 2 | $1.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-07 | BREWER OLIVER G III President and CEO, director · By Family Trust for Spouse | Sold | $9.4k520 shares |
| 2026-08-07 | BREWER OLIVER G III President and CEO, director · By Family Trust for Son 3 | Sold | $5.3k294 shares |
| 2026-08-07 | BREWER OLIVER G III President and CEO, director · By Family Trust for Son 2 | Sold | $5.3k293 shares |
| 2026-08-07 | BREWER OLIVER G III President and CEO, director · By Family Trust for Son 1 | Sold | $5.3k293 shares |
| 2026-08-06 | Hickey Glenn F. EVP & Pres., Callaway Sales | Sold | $540.5k28.8k shares |
| 2026-08-06 | BREWER OLIVER G III President and CEO, director · By Family Trust for Spouse | Sold | $458.8k25.1k shares |
| 2026-08-06 | BREWER OLIVER G III President and CEO, director · By Family Trust for Son 2 | Sold | $258.7k14.1k shares |
| 2026-08-06 | BREWER OLIVER G III President and CEO, director · By Family Trust for Son 1 | Sold | $258.7k14.1k shares |
| 2026-08-06 | BREWER OLIVER G III President and CEO, director · By Family Trust for Son 3 | Sold | $258.7k14.1k shares |
| 2026-05-12 | ANDERSON ERIK J Director · By WestRiver Management, LLC | Sold | $393.5k25.0k shares |
| 2026-05-11 | ANDERSON ERIK J Director · By WestRiver Management, LLC | Sold | $1.3m75.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 21.2m $399.2m | Added +962.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 14.3m $268.4m | Added +6.8m |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 10.0m $188.3m | Added +554.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 8.4m $157.0m | Reduced -304.8k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 6.9m $129.1m | Reduced -39.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.8m $109.3m | Reduced -375.1k |
| STATE STREET CORP 0.00% of their portfolio | 5.5m $103.8m | Added +239.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.29% of their portfolio | 4.2m $79.4m | Added +414.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.0m $75.6m | Added +326.4k |
| SHAPIRO CAPITAL MANAGEMENT LLC 4.24% of their portfolio | 3.7m $70.0m | Reduced -1.5m |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 3.6m $66.7m | Reduced -284.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.3m $61.2m | Added +1.5m |
| MORGAN STANLEY 0.00% of their portfolio | 2.8m $52.8m | Added +36.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 2.8m $51.7m | Added +2.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.5m $46.9m | Reduced -146.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.2m $41.8m | Added +417.5k |
| Invesco Ltd. 0.00% of their portfolio | 2.2m $41.8m | Added +509.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $37.8m | Added +679.0k |
| Nicholas Investment Partners, LP 2.07% of their portfolio | 2.0m $36.7m | Added +828.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.7m $32.4m | Reduced -109.1k |
| FMR LLC 0.00% of their portfolio | 1.7m $32.1m | Added +168.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.7m $32.0m | Reduced -703.4k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.50% of their portfolio | 1.5m $28.2m | Added +121.5k |
| JUPITER ASSET MANAGEMENT LTD 0.14% of their portfolio | 1.5m $28.2m | Added +871.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.5m $27.9m | Added +902.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.5m $20.3m | Added +474.9k |
| TUDOR INVESTMENT CORP ET AL 0.11% of their portfolio | 1.4m $26.8m | Added +365.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 1.3m $25.2m | Added +413.5k |
| O'Keefe Stevens Advisory, Inc. 4.58% of their portfolio | 1.2m $22.3m | Added +13.6k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 1.2m $22.3m | Reduced -1.1m |
| Granite Investment Partners, LLC 1.07% of their portfolio | 1.1m $20.8m | Added +358.5k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 1.0m $19.7m | Added +772.6k |
| Nuveen, LLC 0.00% of their portfolio | 1.0m $19.1m | Added +163.4k |
| Empowered Funds, LLC 0.10% of their portfolio | 995.9k $18.7m | Added +122.2k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 936.9k $17.6m | Added +251.8k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 899.7k $16.9m | Added +1.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 896.6k $16.8m | Added +37.8k |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 814.9k $15.3m | New |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 733.2k $13.8m | Added +721.5k |
| COMMERCE BANK 0.06% of their portfolio | 673.4k $12.7m | Added +5.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 672.5k $12.6m | New |
| LORD, ABBETT & CO. LLC 0.03% of their portfolio | 620.2k $11.7m | Added +46.1k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 589.1k $11.1m | Added +110.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 576.4k $10.8m | New |
| UBS Group AG 0.00% of their portfolio | 572.2k $10.8m | Reduced -59.9k |
| Pacer Advisors, Inc. 0.03% of their portfolio | 571.7k $10.7m | Reduced -309.3k |
| Weiss Asset Management LP 0.11% of their portfolio | 543.8k $10.2m | Not comparable |
| Divisadero Street Capital Management, LP 0.23% of their portfolio | 515.8k $9.7m | New |
| Trexquant Investment LP 0.06% of their portfolio | 495.8k $9.3m | Reduced -158.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 494.3k $9.3m | Added +148.0k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 469.4k $8.8m | Reduced -30.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 459.4k $8.6m | Added +8.0k |
| Edgestream Partners, L.P. 0.23% of their portfolio | 417.2k $7.8m | Added +39.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 399.7k $7.6m | Added +48.7k |
| GRACE & WHITE INC /NY 1.04% of their portfolio | 348.8k $6.6m | Reduced -17.0k |
| Granahan Investment Management, LLC 0.23% of their portfolio | 342.2k $6.4m | Reduced -80.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 337.7k $6.3m | Reduced -38.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 332.0k $6.2m | Reduced -67.3k |
| Legal & General Group Plc 0.00% of their portfolio | 314.8k $5.9m | Reduced -2.8k |
| SummitTX Capital, L.P. 0.16% of their portfolio | 314.5k $5.9m | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 311.4k $5.9m | Added +99.0k |
| Divisar Capital Management LLC 1.29% of their portfolio | 298.3k $5.6m | New |
| PEAK6 LLC 0.13% of their portfolio | 289.5k $5.4m | New |
| Engineers Gate Manager LP 0.07% of their portfolio | 279.0k $5.2m | Reduced -231.3k |
| Swiss National Bank 0.00% of their portfolio | 273.9k $5.1m | Added +2.1k |
| PDT Partners, LLC 0.27% of their portfolio | 270.1k $5.1m | Reduced -66.1k |
| Legato Capital Management LLC 0.40% of their portfolio | 256.1k $4.8m | Added +99.5k |
| LPL Financial LLC 0.00% of their portfolio | 246.6k $4.6m | Added +8.7k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 243.5k $4.6m | Added +181.7k |
| STRS OHIO 0.02% of their portfolio | 238.1k $4.5m | New |
| Phocas Financial Corp. 0.57% of their portfolio | 218.8k $4.1m | Reduced -11.7k |
| Jefferies Financial Group Inc. 0.04% of their portfolio | 210.4k $4.0m | New |
| Gotham Asset Management, LLC 0.01% of their portfolio | 207.6k $3.9m | Added +83.7k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 206.3k $3.9m | Added +396 |
| Squarepoint Ops LLC 0.01% of their portfolio | 205.1k $3.9m | Reduced -88.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 204.6k $3.8m | Added +62.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 202.9k $3.8m | Added +3.9k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.02% of their portfolio | 196.8k $3.7m | Added +2.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 190.9k $3.6m | Added +34.1k |
| Quantinno Capital Management LP 0.00% of their portfolio | 180.1k $3.4m | Added +114.3k |
| Quantedge Capital Pte Ltd 2.48% of their portfolio | 174.1k $3.3m | Reduced -363.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 172.4k $3.2m | Added +62.4k |
| Pathstone Holdings, LLC 0.01% of their portfolio | 172.1k $3.2m | Reduced -25.8k |
| HARBOR CAPITAL ADVISORS, INC. 0.22% of their portfolio | 169.9k $3.2m | Reduced -68.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 165.3k $3.1m | Reduced -937 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 156.1k $2.9m | Reduced -4.1k |
| MML INVESTORS SERVICES, LLC 0.01% of their portfolio | 146.4k $2.8m | Added +28.8k |
| POLEN CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 146.0k $2.7m | Added +75.6k |
| Neo Ivy Capital Management 0.63% of their portfolio | 145.0k $2.7m | Added +77.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 144.9k $2.7m | Added +25.7k |
| BW Gestao de Investimentos Ltda. 0.06% of their portfolio | 143.3k $2.7m | New |
| Corient Private Wealth LP 0.00% of their portfolio | 138.3k $2.6m | Added +104.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 137.7k $2.6m | Added +72.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 134.2k $2.5m | Added +4.7k |
| Brevan Howard Capital Management LP 0.03% of their portfolio | 130.0k $2.4m | Added +34.9k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 128.2k $2.4m | Reduced -946.0k |
| Alta Wealth Advisors LLC 0.65% of their portfolio | 127.3k $2.4m | Added +282 |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 123.4k $2.3m | Added +255 |
| BOYAR ASSET MANAGEMENT INC. 1.16% of their portfolio | 107.8k $2.0m | Reduced -43.3k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 107.8k $2.0m | Reduced -3.8k |