Vault-13

TOPGOLF CALLAWAY BRANDS CORP CALY 2.75 05.01.26

NOTE 2.750% 5/0 · US DOMESTIC · CUSIP 131193AE4

18 institutional holders +2 vs Q1 2025
15,00015.0k shares reported held*
$252.0mreported value*
3 new 4 added 5 reduced 1 sold out net bought ≈ $935.4k (+15.0k shares)

* 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 ($802.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16853.67.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 27Q4 22: 28Q1 23: 24Q2 23: 30Q3 23: 28Q4 23: 26Q1 24: 23Q2 24: 25Q3 24: 19Q4 24: 17Q1 25: 16Q2 25: 1818Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202227
Q4 202228
Q1 202324
Q2 202330
Q3 202328
Q4 202326
Q1 202423
Q2 202425
Q3 202419
Q4 202417
Q1 202516
Q2 202518

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q3 23: 15 bought or addedQ3 23: 14 cut or sold outQ4 23: 11 bought or addedQ4 23: 11 cut or sold outQ4 23Q1 24: 11 bought or addedQ1 24: 13 cut or sold outQ2 24: 11 bought or addedQ2 24: 6 cut or sold outQ2 24Q3 24: 7 bought or addedQ3 24: 14 cut or sold outQ4 24: 6 bought or addedQ4 24: 7 cut or sold outQ4 24Q1 25: 5 bought or addedQ1 25: 4 cut or sold outQ2 25: 7 bought or addedQ2 25: 6 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231514
Q4 20231111
Q1 20241113
Q2 2024116
Q3 2024714
Q4 202467
Q1 202554
Q2 202576

Biggest buyers

Point72 Asset Management, L.P. Added +11,500,000+11.5m
OAKTREE CAPITAL MANAGEMENT LP New +2,397,000+2.4m
Russell Investments Group, Ltd. New +1,877,000+1.9m
WELLS FARGO & COMPANY/MN Added +1,005,000+1.0m
CITIGROUP INC Added +850,000+850.0k
ROYAL BANK OF CANADA Added +209,000+209.0k
Advisory Services Network, LLC New +15,000+15.0k

Biggest sellers

TWO SIGMA INVESTMENTS, LP Reduced -8,000,000-8.0m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -3,660,000-3.7m
JPMORGAN CHASE & CO Reduced -3,132,000-3.1m
Linden Advisors LP Reduced -1,500,000-1.5m
Nuveen, LLC Reduced -577,000-577.0k
BARCLAYS PLC Sold out -21,000-21.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.52% of their portfolio New York, NY 87,703,00087.7m $85.2m $85.2m 0.52% Reduced -1.5m -1,500,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.47% of their portfolio NEW YORK, NY 35,640,00035.6m $34.9m $34.9m 0.47% Reduced -3.7m -3,660,000
3 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 35,100,00035.1m $34.1m $34.1m 0.01% Reduced -577.0k -577,000
4 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 26,800,00026.8m $26.1m $26.1m 0.02% Unchanged
5 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 25,062,00025.1m $24.3m $24.3m 0.04% Reduced -8.0m -8,000,000
6 Point72 Asset Management, L.P. 0.04% of their portfolio STAMFORD, CT 17,533,00017.5m $17.1m $17.1m 0.04% Added +11.5m +11,500,000
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 11,899,00011.9m $11.6m $11.6m 0.00% Reduced -3.1m -3,132,000
8 ARISTEIA CAPITAL, L.L.C. 0.17% of their portfolio GREENWICH, CT 6,000,0006.0m $5.9m $5.9m 0.17% Unchanged
9 FMR LLC 0.00% of their portfolio BOSTON, MA 3,022,0003.0m $2.9m $2.9m 0.00% Unchanged
10 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,523,0002.5m $2.4m $2.4m 0.00% Unchanged
11 OAKTREE CAPITAL MANAGEMENT LP 0.05% of their portfolio LOS ANGELES, CA 2,397,0002.4m $2.3m $2.3m 0.05% New
12 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,877,0001.9m $1.8m $1.8m 0.00% New
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,708,0001.7m $1.7m $1.7m 0.00% Added +1.0m +1,005,000
14 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,143,0001.1m $1.1m $1.1m 0.00% Added +850.0k +850,000
15 Covalent Partners LLC 6.85% of their portfolio CONCORD, MA 1,000,0001.0m $971.0k $971.0k 6.85% Unchanged
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 418,000418.0k $406.0k $406.0k 0.00% Added +209.0k +209,000
17 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 15,00015.0k $14.7k $14.7k 0.00% New
18 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged