BlackRock Amends Topgolf Callaway Stake (13G/A)
Ticker: CALY · Form: SC 13G/A · Filed: Jan 8, 2024 · CIK: 837465
| Field | Detail |
|---|---|
| Company | Topgolf Callaway Brands Corp. (CALY) |
| Form Type | SC 13G/A |
| Filed Date | Jan 8, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its Topgolf Callaway stake, signaling a potential shift in institutional sentiment.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 8, 2024, indicating a change in its ownership of Topgolf Callaway Brands Corp. common stock as of December 31, 2023. This filing, Amendment No. 17, updates their previous disclosures. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated position in Topgolf Callaway, providing insight into a major institutional investor's current view of the company.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently indicate high risk.
Analyst Insight
Investors should monitor subsequent filings from BlackRock or other major institutions to see if there's a consistent trend in their holdings of Topgolf Callaway Brands Corp. stock, as this filing alone doesn't provide the full picture of their current stake.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Topgolf Callaway Brands Corp. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 8, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 17 (number) — the specific amendment number of this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 17)' sections.
Which company is the subject of this filing?
The subject company is Topgolf Callaway Brands Corp., as indicated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Topgolf Callaway Brands Corp.'
Who filed this SC 13G/A?
This SC 13G/A was filed by BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified in the document.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Topgolf Callaway Brands Corp. is 131193104, as listed under '(CUSIP Number)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 8, 2024 regarding Topgolf Callaway Brands Corp. (CALY).