Wellington group discloses 7.95% Callaway Golf (CALY) stake for advisory clients
Rhea-AI Filing Summary
Wellington Management Group LLP and affiliated entities report a significant passive stake in Callaway Golf Company common stock. They collectively report beneficial ownership of 14,282,573 shares, representing 7.95% of the outstanding common stock.
The group has shared voting power over 8,189,955 shares and shared dispositive power over 14,282,573 shares, with no sole voting or dispositive power. The shares are owned of record by clients of various Wellington investment advisers, and no single client is reported to hold more than five percent of the class.
Positive
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Key Figures
Beneficial ownership: 14,282,573 shares
Percent of class: 7.95%
Shared voting power: 8,189,955 shares
+3 more
6 metrics
Beneficial ownership
14,282,573 shares
Callaway Golf common stock reported as beneficially owned by Wellington entities
Percent of class
7.95%
Portion of Callaway Golf common stock class beneficially owned
Shared voting power
8,189,955 shares
Shares of Callaway Golf over which Wellington reports shared voting power
Shared dispositive power
14,282,573 shares
Shares of Callaway Golf over which Wellington reports shared dispositive power
Sole voting power
0 shares
Callaway Golf shares over which Wellington reports sole voting authority
Sole dispositive power
0 shares
Callaway Golf shares over which Wellington reports sole dispositive authority
Key Terms
beneficially owned, shared voting power, shared dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: See the responses"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
parent holding company financial
"The securities as to which this Schedule is filed by Wellington Management Group LLP, as parent holding company"
investment advisers financial
"One or more of the following investment advisers (the "Wellington Investment Advisers")"
FAQ
What percentage of Callaway Golf Company (CALY) does Wellington report owning?
Wellington and its affiliates report beneficial ownership of 7.95% of Callaway Golf Company common stock, based on 14,282,573 shares held for their advisory clients as disclosed in the Schedule 13G filing.
What dispositive power does Wellington hold over Callaway Golf (CALY) stock?
Wellington entities report shared dispositive power over 14,282,573 shares of Callaway Golf and no sole dispositive power. Dispositive power reflects their ability to direct the sale or transfer of shares in client portfolios.
Do any Wellington clients individually own more than 5% of Callaway Golf (CALY)?
No. The filing states that no single client is known to have the right to receive dividends or sale proceeds for more than five percent of Callaway Golf’s common stock, despite the aggregate 7.95% stake.
Which Wellington entities are listed as reporting persons for the Callaway Golf (CALY) stake?
The reporting persons are Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, and Wellington Management Company LLP, reflecting the group’s holding and advisory structure.
AI-generated analysis. How Rhea-AI works. Not financial advice.