Just saw that Claar Advisors added over 626k shares of Callaway Golf (CALY) in Q4 2025—$7.31 million stake. Interesting timing given how much golf equipment demand has been bouncing back. The stock's up 108% year-over-year, which is wild compared to the broader market. What caught my attention is how they're positioning this as a play on equipment replacement cycles rather than overall golf participation growing. Basically, golfers keep upgrading their clubs when new tech drops, and that's where the real money is. As one of the best golf quotes goes, it's about staying in the game and adapting—and Callaway seems to be banking on that upgrade mentality. The fund's now sitting on this as 2.14% of their holdings, which isn't huge but signals they see legs in the sector. Makes you wonder if the golf equipment market really has more room to run, or if we're just riding a temporary wave. Anyone else looking at leisure stocks right now?