Callaway Golf CompanyCALY

13F holders, Q1 2024 (March 31)
293holders
6famous investors
$16.18avg. 13F price*

At the end of Q1 2024, 293 institutions reported holding Callaway Golf Company (CALY) in their 13F filings. The largest holders were BlackRock Inc. ($367.0M), Providence Equity Partners L.L.C. ($342.4M) and Vanguard Group Inc. ($250.4M). 6 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Ken Fisher (0.0% of Fisher Asset Management's portfolio).

Company
Callaway Golf Company
Filed as
TOPGOLF CALLAWAY BRANDS CORP (Q1 2024)
CUSIP
131193104
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400 Q1 2024: 293Q1 2024Q2 2024: 313Q2 2024Q3 2024: 295Q3 2024Q4 2024: 291Q4 2024Q1 2025: 288Q1 2025Q2 2025: 280Q2 2025Q3 2025: 283Q3 2025Q4 2025: 293Q4 2025Q1 2026: 303Q1 2026Q2 2026: 315Q2 2026

Total Exit/New Position Q1 2024

InstitutionsTotal Value
New Positions38$38.0M
Exits52$82.0M

Ownership 293 holders

BlackRock Inc. 0.01% Reduce -2.9% 22,697,391 $367.0M
Providence Equity Partners L.L.C. 21.97% No change 21,175,226 $342.4M
Vanguard Group Inc. 0.01% Add +0.5% 15,484,400 $250.4M
Shapiro Capital Management LLC 4.81% Add +4.7% 11,221,053 $181.4M
Dimensional Fund Advisors LP 0.03% Reduce -2.9% 7,097,509 $114.8M
State Street Corp. 0.00% Add +1.2% 5,493,851 $88.8M
FMR LLC 0.01% Add +32.4% 5,164,242 $83.5M
Goldman Sachs Group Inc. 0.02% Add +17.8% 4,644,254 $75.1M
Morgan Stanley 0.01% Reduce -3.1% 3,961,521 $64.1M
Bank of America Corp. 0.01% Add +42.0% 3,260,075 $52.7M
Geode Capital Management, LLC 0.00% Add +2.9% 3,146,227 $50.9M
Fisher Asset Management 0.02% Add +21.1% 3,122,913 $50.5M
Diameter Capital Partners LP 9.96% Reduce -44.0% 2,800,000 $45.3M
Nuveen Asset Management, LLC 0.01% Add +14.0% 2,167,286 $35.0M
American Century Companies Inc. 0.02% Add +1636.1% 1,976,334 $32.0M
Millennium Management 0.03% Add +283.7% 1,861,933 $30.1M
Charles Schwab Investment Management Inc. 0.01% Add +9.2% 1,722,646 $27.9M
Northern Trust Corp. 0.00% Reduce -4.5% 1,669,902 $27.0M
Man Group plc 0.07% Reduce -20.4% 1,613,848 $26.1M
Hodges Capital Management Inc. 1.59% Reduce -27.1% 1,550,376 $25.1M
Bwcp, LP 6.38% Add +41.3% 1,540,212 $24.9M
Ameriprise Financial Inc. 0.01% Reduce -12.3% 1,498,668 $24.2M
Bank of New York Mellon Corp 0.00% Reduce -6.4% 1,487,267 $24.0M
Long Focus Capital Management, LLC 2.67% Add +18.7% 1,430,000 $23.1M
Punch & Associates Investment Management, Inc. 1.27% Add +15.4% 1,370,873 $22.2M
TimesSquare Capital Management, LLC 0.29% Reduce -5.0% 1,240,203 $20.1M
Granahan Investment Management, LLC 0.63% Reduce -1.2% 1,103,713 $17.8M
Invesco Ltd. 0.00% Add +15.8% 993,334 $16.1M
Norges Bank 0.00% Add +35.1% 986,130 $15.9M
Voloridge Investment Management, LLC 0.05% Add +1240.5% 830,710 $13.4M
Voya Investment Management LLC 0.01% Add +1276.1% 794,171 $12.8M
GCM Grosvenor Holdings, LLC 1.82% New 740,000 $12.0M
Principal Financial Group Inc. 0.01% Reduce -0.4% 737,904 $11.9M
Grace & White Inc. 1.96% No change 663,594 $10.7M
Leeward Investments, LLC - MA 0.46% Reduce -0.8% 636,399 $10.3M
Marlowe Partners LP 25.43% No change 597,837 $9.7M
Marshall Wace, LLP 0.01% Add +1.2% 507,369 $8.2M
JPMorgan Chase & Co. 0.00% Add +71.1% 499,619 $8.1M
FineMark National Bank & Trust 0.30% Add +0.0% 493,975 $8.0M
Rhumbline Advisers 0.01% Add +0.6% 460,149 $7.4M
Motley Fool Wealth Management, LLC 0.38% Reduce -1.1% 458,642 $7.4M
Legal & General Group Plc 0.00% Add +0.4% 393,755 $6.4M
Pathstone Holdings, LLC 0.03% Add +496.5% 361,848 $5.9M
First Trust Advisors LP 0.01% Add +7.2% 350,565 $5.7M
Thompson Investment Management, Inc. 0.82% Reduce -6.3% 333,071 $5.4M
Kennedy Capital Management LLC 0.10% Reduce -44.5% 315,552 $5.1M
D. E. Shaw & Co. 0.01% New 293,974 $4.8M
Swiss National Bank 0.00% No change 292,400 $4.7M
Public Sector Pension Investment Board 0.03% Reduce -1.2% 291,220 $4.7M
BNP Paribas Financial Markets 0.01% Add +7.5% 272,599 $4.4M
Profit Investment Management, LLC 2.36% Add +23.2% 257,221 $4.2M
UBS Group AG 0.00% Add +68.0% 253,839 $4.1M
Tudor Investment Corporation 0.05% Reduce -46.7% 242,271 $3.9M
Sei Investments Co. 0.01% Add +161.7% 241,798 $3.9M
Royal Bank of Canada 0.00% Add +0.2% 218,071 $3.5M
LPL Financial LLC 0.00% Add +24.1% 210,631 $3.4M
Credit Suisse AG/ 0.00% Add +0.8% 208,287 $3.4M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +14.0% 207,416 $3.4M
Barclays PLC 0.00% Reduce -28.3% 205,747 $3.3M
Qube Research & Technologies Ltd 0.01% New 201,981 $3.3M
Harbor Capital Advisors, Inc. 0.42% New 199,927 $3.2M
Envestnet Asset Management Inc. 0.00% Add +23.8% 199,221 $3.2M
Homestead Advisers Corp 0.07% No change 187,951 $3.0M
CANADA LIFE ASSURANCE Co 0.01% Add +9.3% 180,618 $2.9M
Prudential Financial Inc. 0.00% Add +1.6% 175,291 $2.8M
Alliancebernstein L.P. 0.00% Reduce -1.2% 174,816 $2.8M
New York State Common Retirement Fund 0.00% Reduce -0.1% 166,498 $2.7M
Palogic Value Management, L.P. 1.12% Reduce -23.8% 160,000 $2.6M
Thematics Asset Management 0.11% Reduce -18.2% 159,540 $2.6M
NFJ Investment Group, LLC 0.07% Reduce -0.3% 158,934 $2.6M
New York State Teachers Retirement System 0.01% Add +0.1% 154,360 $2.5M
Susquehanna International Group, LLP 0.00% Reduce -57.2% 149,213 $2.4M
AREX Capital Management, LP 2.68% Add +86.8% 147,937 $2.4M
GW&K Investment Management, LLC 0.02% Reduce -3.8% 147,819 $2.4M
California State Teachers Retirement System 0.00% Reduce -5.5% 147,249 $2.4M
US Bancorp \de 0.00% Add +1.4% 137,187 $2.2M
Polen Capital Management LLC 0.00% Reduce -1.4% 128,762 $2.1M
North Star Investment Management Corp. 0.14% Add +4.2% 125,260 $2.0M
Texas Permanent School Fund Corp. 0.02% Add +1.3% 124,043 $2.0M
Thrivent Financial for Lutherans 0.00% Reduce -2.6% 123,513 $2.0M
SageView Advisory Group, LLC 0.10% New 19,425 $2.0M
Citigroup Inc. 0.00% Add +22.0% 118,173 $1.9M
Motley Fool Asset Management LLC 0.12% Add +28.8% 114,932 $1.9M
Susquehanna Fundamental Investments, LLC 0.08% New 110,512 $1.8M
Osaic Holdings, Inc. 0.00% Reduce -17.8% 96,882 $1.6M
Blair William & Co. 0.00% Add +2.0% 96,389 $1.6M
Boyar Asset Management Inc. 0.95% Add +2.8% 89,721 $1.5M
GM Advisory Group, LLC 0.10% Add +20.6% 87,200 $1.4M
State of Alaska, Department of Revenue 0.02% Reduce -1.0% 86,552 $1.4M
Holocene Advisors, LP 0.01% Reduce -73.0% 85,872 $1.4M
T. Rowe Price Associates Inc. 0.00% Add +6.6% 84,558 $1.4M
Illinois Municipal Retirement Fund 0.02% New 84,128 $1.4M
Robertson Stephens Wealth Management, LLC 0.07% Add +0.0% 83,379 $1.3M
Mirae Asset Global Investments Co., Ltd. 0.00% Reduce -8.2% 60,837 $1.3M
American International Group, Inc. 0.00% Reduce -0.9% 77,562 $1.3M
Manufacturers Life Insurance Company, The 0.00% Add +0.2% 76,546 $1.2M
Raymond James Financial Services Advisors, Inc. 0.00% Reduce -7.8% 74,736 $1.2M
Janus Henderson Group PLC 0.00% Reduce 0.0% 74,114 $1.2M
First Dallas Securities Inc. 0.54% Add +13.2% 72,950 $1.2M
MetLife Investment Management, LLC 0.01% Reduce -4.0% 72,920 $1.2M
PEAK6 Investments LLC 0.06% Reduce -58.9% 71,804 $1.2M
Deutsche Bank AG 0.00% Add +5.8% 70,837 $1.1M
Louisiana State Employees Retirement System 0.02% Reduce -1.0% 70,400 $1.1M
Harbert Fund Advisors, LLC 0.78% Reduce -68.2% 70,000 $1.1M
Divisadero Street Capital Management, LP 0.27% New 70,000 $1.1M
MML Investors Services, LLC 0.00% Add +22.1% 69,188 $1.1M
Yousif Capital Management, LLC 0.01% Reduce -8.9% 64,201 $1.0M
Lanark Financial, Inc. 0.09% Add +16.8% 61,522 $994K
Ensign Peak Advisors, Inc 0.00% Reduce -4.8% 61,065 $987K
Wells Fargo & Company 0.00% Reduce -20.1% 60,232 $974K
Hollencrest Capital Management 0.04% No change 60,000 $970K
Comerica Bank 0.00% Reduce -9.9% 59,799 $967K
CIBC Private Wealth Group LLC 0.00% Reduce -0.1% 58,013 $955K
Ironwood Investment Management LLC 0.46% Add +0.3% 58,118 $940K
Gotham Asset Management 0.01% Add +43.1% 57,970 $937K
Raymond James & Associates 0.00% Reduce -42.5% 57,442 $929K
Tectonic Advisors LLC 0.07% New 57,087 $923K
Davis Investment Partners, LLC 0.40% New 55,822 $906K
Handelsbanken Fonder AB 0.00% Add +98.1% 52,897 $855K
Teza Capital Management LLC 0.11% Add +92.9% 52,526 $849K
State Board of Administration of Florida Retirement System 0.00% Reduce -7.0% 38,207 $826K
Victory Capital Management Inc. 0.00% Reduce -86.0% 50,953 $824K
Maryland State Retirement & Pension System 0.02% No change 51,637 $813K
Redmont Wealth Advisors LLC 1.10% Add +8.3% 48,959 $792K
Teachers Retirement System of the State of Kentucky 0.01% No change 47,502 $768K
Amalgamated Bank 0.01% Reduce -14.7% 45,335 $733K
River Global Investors LLP 0.18% Reduce -1.1% 45,269 $731K
Assenagon Asset Management S.A. 0.00% Reduce -93.3% 43,756 $708K
Potrero Capital Research LLC 0.44% Reduce -85.7% 43,560 $704K
Verition Fund Management LLC 0.01% Reduce -64.3% 42,636 $689K
Schroder Investment Management Group 0.00% Add +40.8% 42,113 $681K
Caption Management, LLC 0.07% New 42,000 $679K
Quadrature Capital Ltd 0.01% New 41,922 $677K
Arizona State Retirement System 0.00% Reduce -2.2% 40,568 $656K
Cetera Investment Advisers 0.00% Add +155.9% 40,124 $649K
Jane Street Group, LLC 0.00% Reduce -92.0% 39,919 $645K
UniSuper Management Pty Ltd 0.01% New 39,743 $643K
Commonwealth Equity Services, LLC 0.00% Add +34.2% 38,807 $628K
State of Tennessee, Department of Treasury 0.00% New 38,517 $623K
Oregon Public Employees Retirement Fund 0.01% Reduce -8.4% 38,021 $615K
Group One Trading LLC 0.02% Add +15.1% 36,126 $584K
Squarepoint Ops LLC 0.00% Reduce -94.4% 35,399 $572K
SG Americas Securities, LLC 0.00% Add +50.8% 35,142 $568K
Blueshift Asset Management, LLC 0.29% Add +63.9% 34,985 $566K
Cerity Partners LLC 0.00% New 33,103 $535K
HSBC Holdings PLC 0.00% Reduce -28.4% 31,942 $516K
Cambridge Investment Research Advisors, Inc. 0.00% Reduce -31.6% 31,344 $507K
Nissay Asset Management Corp. /Japan 0.00% Reduce -45.1% 31,300 $506K
GTS Securities LLC 0.01% Add +19.3% 30,808 $498K
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.00% Add +0.1% 30,682 $496K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% No change 30,445 $492K
Zenyatta Capital Management LP 0.65% No change 30,000 $485K
ProShare Advisors LLC 0.00% Add +7.4% 28,982 $469K
Stifel Financial Corp. 0.00% Add +56.2% 28,669 $464K
Graypoint LLC 0.03% Add +14.6% 28,160 $455K
Truist Financial Corp. 0.00% Add +58.5% 28,041 $453K
Inceptionr LLC 0.11% New 26,983 $436K
Bank of Montreal 0.00% Reduce -41.7% 26,650 $433K
HRT Financial LP 0.00% New 25,476 $411K
Mutual of America Capital Management LLC 0.00% Reduce -1.6% 24,477 $396K
New World Advisors LLC 0.11% Add +9.5% 24,225 $392K
Walleye Capital LLC 0.00% New 22,986 $372K
Sterneck Capital Management, LLC 0.22% Add +11.4% 22,966 $371K
Augustine Asset Management Inc. 0.14% No change 20,843 $337K
Creative Planning 0.00% Add +6.8% 20,786 $336K
Veltria Advisors Corp. 0.08% New 20,175 $326K
Jefferies Financial Group Inc. 0.01% New 19,359 $313K
Pictet Asset Management Holding SA 0.00% No change 18,982 $307K
Wilbanks Smith & Thomas Asset Management LLC 0.01% Reduce -3.6% 18,900 $306K
Sierra Capital LLC 0.04% No change 18,185 $294K
Praxis Investment Management Inc. 0.02% New 17,110 $277K
Vontobel Holding Ltd. 0.00% New 16,210 $262K
Guggenheim Capital LLC 0.00% Reduce -16.8% 16,194 $262K
Pine Valley Investments Ltd Liability Co 0.02% No change 15,455 $250K
PKO Investment Management Joint-Stock Co 0.03% No change 15,000 $244K
CIBC Asset Management Inc 0.00% Reduce -7.2% 14,861 $240K
Benjamin Edwards Inc. 0.05% Add +34.9% 14,812 $240K
Park Avenue Securities LLC 0.00% Reduce -6.0% 14,783 $239K
Wealth Enhancement Advisory Services, LLC 0.00% Add +6.3% 14,577 $236K
Ophir Asset Management Pty Ltd 0.04% No change 14,483 $234K
Public Employees Retirement Association of Colorado 0.00% No change 14,373 $232K
Ameritas Investment Partners, Inc. 0.01% No change 14,308 $231K
Cresset Asset Management, LLC 0.00% Reduce -10.2% 14,261 $231K
Elevation Point Wealth Partners, LLC 0.02% New 14,248 $230K
Shell Asset Management Co. 0.01% Reduce -9.1% 14,459 $221K
Wealth Alliance, LLC 0.03% No change 13,246 $214K
Bailard, Inc. 0.01% New 13,237 $214K
Cullen Investment Group, LTD. 0.03% Reduce -7.1% 12,814 $208K
Qsemble Capital Management, LP 0.05% New 12,783 $207K
Wealthfront Advisers LLC 0.00% Add +0.1% 12,238 $198K
Crossmark Global Holdings, Inc. 0.00% Reduce -9.8% 12,062 $195K
Fairhaven Wealth Management, LLC 0.07% No change 11,920 $193K
State of Wisconsin Investment Board 0.00% Reduce -16.9% 11,691 $189K
HighTower Advisors, LLC 0.00% Reduce -63.8% 11,386 $184K
Shay Capital LLC 0.05% New 11,000 $178K
Oppenheimer & Co. Inc. 0.00% No change 11,000 $178K
QRG Capital Management, Inc. 0.00% New 10,986 $178K
FinTrust Capital Advisors, LLC 0.03% Reduce -64.6% 10,843 $175K
Sherbrooke Park Advisers LLC 0.03% Reduce -6.2% 10,585 $171K
NewEdge Advisors, LLC 0.00% Add +22.4% 9,005 $146K
Northwestern Mutual Wealth Management Co. 0.00% Reduce -73.0% 8,408 $136K
Metropolitan Life Insurance Co 0.01% Reduce -8.4% 7,597 $123K
Ancora Advisors LLC 0.00% Add +3500.0% 7,200 $116K
Principal Securities, Inc. 0.00% Add +486.4% 6,222 $101K
Covestor Ltd 0.06% Reduce -37.7% 5,421 $87K
PNC Financial Services Group, Inc. 0.00% Reduce -24.4% 5,004 $81K
Atwood & Palmer Inc. 0.01% No change 5,000 $81K
Bessemer Group Inc. 0.00% No change 4,706 $76K
Ostrum Asset Management 0.01% Add +56.4% 4,601 $74K
Natixis Investment Managers International 0.01% Reduce -25.3% 4,589 $74K
JFS Wealth Advisors, LLC 0.01% No change 4,561 $74K
WR Wealth Planners, LLC 0.02% New 4,163 $67K
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 0.02% Reduce -66.8% 4,000 $62K
KBC Group NV 0.00% No change 3,170 $51K
GAMMA Investing LLC 0.01% Reduce -6.5% 3,090 $50K
BOK Financial Private Wealth, Inc. 0.00% No change 2,990 $48K
Nisa Investment Advisors, LLC 0.00% Add +2.0% 2,811 $45K
Public Employees Retirement System of Ohio 0.00% Add +20.4% 2,066 $33K
Avior Wealth Management, LLC 0.00% Add +1.6% 1,793 $29K
Citadel Advisors 0.00% Reduce -99.8% 1,792 $29K
Tower Research Capital LLC (TRC) 0.00% Reduce -98.6% 1,771 $29K
Concourse Financial Group Securities, Inc. 0.00% Add +36.9% 1,734 $28K
1620 Investment Advisors, Inc. 0.03% New 18,987 $27K
Quadrant Capital Group LLC 0.00% Add +25.4% 1,478 $24K
Leonteq Securities AG 0.00% Reduce -60.8% 1,475 $24K
Cwm, LLC 0.00% Add +35.2% 1,395 $23K
Steward Partners Investment Advisory, LLC 0.00% No change 1,350 $22K
Allworth Financial LP 0.00% Add +3.5% 1,216 $20K
Avion Wealth 0.00% No change 1,100 $18K
IFP Advisors, Inc 0.00% Reduce -74.6% 1,057 $17K
Benjamin F. Edwards & Company, Inc. 0.00% No change 782 $13K
Wolff Wiese Magana LLC 0.01% Reduce -75.8% 701 $11K
Nomura Asset Management Co. Ltd. 0.00% No change 690 $11K
Signaturefd, LLC 0.00% Add +32.0% 619 $10K
Toth Financial Advisory Corp. 0.00% No change 606 $10K
Fifth Third Bancorp 0.00% Reduce -12.2% 591 $10K
STRS Ohio 0.00% No change 600 $9K
Lindbrook Capital, LLC 0.00% Add +7.3% 541 $9K
Truvestments Capital LLC 0.00% No change 500 $8K
Field & Main Bank 0.00% No change 500 $8K
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% No change 497 $8K
Versant Capital Management, Inc 0.00% Add +181.3% 467 $8K
Elequin Capital, LP 0.00% Add +586.6% 460 $7K
nVerses Capital, LLC 0.02% New 400 $6K
Parallel Advisors, LLC 0.00% Reduce -13.0% 369 $6K
PSI Advisors, LLC 0.00% No change 350 $6K
NFSG Corp 0.00% No change 333 $5K
Catalyst Funds Management Pty Ltd 0.00% — 300 $5K
Sachetta, LLC 0.00% No change 335 $5K
Clearstead Advisors, LLC 0.00% Add +5000.0% 306 $5K
Hexagon Capital Partners LLC 0.00% Reduce -4.3% 269 $4K
Global Retirement Partners, LLC 0.00% No change 215 $3K
Harbour Investments, Inc. 0.00% No change 201 $3K
St Germain D J Co. Inc. 0.00% No change 200 $3K
Exchange Traded Concepts, LLC 0.00% No change 165 $3K
GPS Wealth Strategies Group, LLC 0.00% No change 128 $2K
First PREMIER Bank 0.00% New 148 $2K
Valley National Advisers Inc. 0.00% New 130 $2K
TrinityBridge Ltd 0.00% No change 99 $2K
Cedar Mountain Advisors, LLC 0.00% No change 121 $2K
Retirement Group, LLC 0.00% No change 100 $2K
Ritter Daniher Financial Advisory LLC / DE 0.00% No change 100 $2K
Colonial Trust Advisors 0.00% No change 100 $2K
First Financial Corp. 0.00% No change 100 $2K
Pacific Center for Financial Services 0.00% No change 95 $2K
National Bank of Canada 0.00% Reduce -99.0% 100 $2K
Parkside Financial Bank & Trust 0.00% Reduce -96.8% 85 $1K
Compass Wealth Management LLC 0.00% No change 70 $1K
UMB Bank, n.a. 0.00% New 69 $1K
Toronto Dominion Bank 0.00% Add +1475.0% 63 $1K
Hantz Financial Services, Inc. 0.00% Reduce -33.0% 61 $1K
Farmers & Merchants Investments Inc. 0.00% No change 53 $857
Vermillion & White Wealth Management Group, LLC 0.00% No change 50 $809
St. Johns Investment Management Company, LLC 0.00% No change 50 $809
Opal Wealth Advisors, LLC 0.00% New 49 $793
Glen Eagle Advisors, LLC 0.00% No change 46 $744
AdvisorNet Financial, Inc 0.00% Reduce -34.9% 43 $695
Barrow Hanley Mewhinney & Strauss LLC 0.00% New 42 $679
Private Wealth Management Group, LLC 0.00% No change 39 $631
SJS Investment Consulting Inc. 0.00% Add +3.0% 34 $550
MassMutual Private Wealth & Trust, FSB 0.00% No change 28 $453
Manchester Capital Management LLC 0.00% New 27 $437
Bell Investment Advisors, Inc 0.00% No change 25 $405
EverSource Wealth Advisors, LLC 0.00% Add +2000.0% 21 $336
Farther Finance Advisors, LLC 0.00% Reduce -86.5% 16 $264
DiNuzzo Private Wealth, Inc. 0.00% Reduce -11.8% 15 $243
Blue Trust, Inc. 0.00% Reduce -61.1% 14 $226
West Paces Advisors Inc. 0.00% No change 12 $194
Clear Point Advisors Inc. 0.00% No change 10 $162
Rothschild Investment LLC 0.00% New 10 $162
Laurel Wealth Advisors LLC 0.00% No change 9 $146
Assetmark, Inc. 0.00% New 4 $65
Huntington National Bank 0.00% No change 1 $16

"% of holder's portfolio" is CALY's weight in each manager's 13F, not the share of Callaway Golf Company the manager owns.