TOPGOLF CALLAWAY BRANDS CORP

CUSIP: 131193AE4 Class: BOND

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (2)

Radcliffe Capital Management, L.P.
Value ($000) $76,930 Shares 77,410,000
Squarepoint Ops LLC
Value ($000) $4,995 Shares 5,000

Increased Positions (4)

DeepCurrents Investment Group LLC
Value ($000) $41,735 (+1778.4%) Shares 41,783,000 (+1757.0%)
OAKTREE CAPITAL MANAGEMENT LP
Value ($000) $9,584 (+118.1%) Shares 9,596,000 (+115.8%)
Point72 Asset Management, L.P.
Value ($000) $47,925 (+78.5%) Shares 48,045,000 (+76.9%)
Russell Investments Group, Ltd.
Value ($000) $4,116 (+14.5%) Shares 4,102,000 (+14.0%)

Decreased Positions (2)

TENOR CAPITAL MANAGEMENT Co., L.P.
Value ($000) $33,319 (-6.6%) Shares 33,250,000 (-6.7%)
TWO SIGMA INVESTMENTS, LP
Value ($000) $745 (-97.0%) Shares 750,000 (-97.0%)

Exited Positions (4)

LINDEN ADVISORS LP
Value ($000) $86,525 Shares 87,703,000
ARISTEIA CAPITAL, L.L.C.
Value ($000) $5,684 Shares 5,750,000
Nuveen, LLC
Value ($000) $25,571 Shares 26,000,000
WELLS FARGO & COMPANY/MN
Value ($000) $1,685 Shares 1,708,000