Topgolf Callaway Brands Corp.
Topgolf Callaway Brands Corp. (MODG) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · MODG · as of Sep 30, 2025
Ownership Breakdown
299
Institutional Holders
▲ 2 vs Q2
$1.45B
Total Inst. Value
▲ $198.30M vs Q2
183.88M
Shares Outstanding
freeFloat 75.77%
152.28M
13F Shares Held
▼ 2.95M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
MODG largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
PROVIDENCE EQUITY PARTNERS L.L.C. sporting & athletic goods, nec | 21.18M | 11.52% | 11.52% | $201.16B | Nov 14, 2025 | — held |
BLACKROCK, INC. sporting & athletic goods, nec | 20.45M | 11.13% | 11.13% | $194.27B | Nov 12, 2025 | ▼ 378.4K |
VANGUARD GROUP INC sporting & athletic goods, nec | 14.71M | 8.01% | 8.01% | $139.78B | Nov 7, 2025 | ▲ 271.4K |
SHAPIRO CAPITAL MANAGEMENT LLC sporting & athletic goods, nec | 9.00M | 4.90% | 4.90% | $85.52B | Nov 14, 2025 | ▼ 254.1K |
LEONARD GREEN & PARTNERS, L.P. sporting & athletic goods, nec | 9.00M | 4.90% | 4.90% | $85.50B | Nov 14, 2025 | — held |
DIMENSIONAL FUND ADVISORS LP sporting & athletic goods, nec | 8.89M | 4.84% | 4.84% | $84.43B | Nov 12, 2025 | ▼ 170.4K |
STATE STREET CORP sporting & athletic goods, nec | 5.39M | 2.93% | 2.93% | $51.18B | Nov 14, 2025 | ▼ 75.9K |
MARSHALL WACE, LLP sporting & athletic goods, nec | 5.24M | 2.85% | 2.85% | $49.77B | Nov 13, 2025 | ▲ 546.9K |
HILL PATH CAPITAL LP sporting & athletic goods, nec | 4.69M | 2.55% | 2.55% | $44.52B | Nov 14, 2025 | — held |
MORGAN STANLEY sporting & athletic goods, nec | 3.83M | 2.09% | 2.09% | $36.42B | May 27, 2026 | ▼ 45.2K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
26
Increased
+7.57M shares2
New Positions
first time holders17
Decreased
−4.25M shares0
Sold Out
fully exitedNet shares change (top 50)
+3.33M
+7.57M / −4.25M
Net new holders
+11
2 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
MODG insider trading · insider activity
Source: SEC Form 4
7
Buy transactions
5
Sell transactions
1.40
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Fine Rebecca EVP, Global CPO | Dec 31, 2025 | Tax Withhold | 6,815 | $11.67 | $79.5K | 123.9K | Form 4 ↗ |
Fine Rebecca EVP, Global CPO | Dec 31, 2025 | Tax Withhold | 11,002 | $11.67 | $128.4K | 113.4K | Form 4 ↗ |
Fine Rebecca EVP, Global CPO | Dec 31, 2025 | Tax Withhold | 3,934 | $11.67 | $45.9K | 90.3K | Form 4 ↗ |
Fine Rebecca EVP, Global CPO | Dec 31, 2025 | Tax Withhold | 1,061 | $11.67 | $12.4K | 78.1K | Form 4 ↗ |
Rao Varsha Rajendra director | Dec 15, 2025 | Award | 2,169 | — | — | 51.3K | Form 4 ↗ |
Ogunlesi Adebayo O. director | Dec 15, 2025 | Award | 2,386 | — | — | 136.7K | Form 4 ↗ |
FLEISCHER RUSSELL L director | Dec 15, 2025 | Award | 2,494 | — | — | 133.5K | Form 4 ↗ |
Rao Varsha Rajendra director | Sep 15, 2025 | Award | 2,602 | — | — | 49.1K | Form 4 ↗ |
Ogunlesi Adebayo O. director | Sep 15, 2025 | Award | 2,862 | — | — | 134.3K | Form 4 ↗ |
FLEISCHER RUSSELL L director | Sep 15, 2025 | Award | 2,992 | — | — | 131.0K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Topgolf Callaway Brands Corp. (MODG) is primarily owned by institutional investors, who hold approximately 82.8% of total shares outstanding. Company insiders own approximately 24.23%, while retail and public investors account for the remaining 0.00%.
The largest institutional shareholder of Topgolf Callaway Brands Corp. is PROVIDENCE EQUITY PARTNERS L.L.C., holding approximately 21.18 million shares — equal to 11.52% of outstanding shares — as of September 30, 2025.
A total of 299 institutional investors currently hold MODG stock, with a combined institutional value of approximately $1.45 billion as of the most recent 13F filing period.
Frequently asked questions
MODG ownershipTopgolf Callaway Brands Corp. (MODG) is primarily owned by institutional investors, who hold approximately 82.8% of shares. The largest shareholder is PROVIDENCE EQUITY PARTNERS L.L.C. with a 11.52% stake. Company insiders hold 24.23%. Data sourced from SEC Form 13F as of September 30, 2025.