ELY Callaway Golf Co

CUSIP No 131193104

1.

Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Sancarin S.L.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
Spain

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
4,860,149

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
4,860,149

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
4,860,149

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
5.15%(1)

12.

Type of Reporting Person (See Instructions)
OO

CUSIP No 131193104

1.

Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Ms. Concepcion Calleja Delegido

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
Spain

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
4,860,149

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
4,860,149

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
4,860,149

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
5.15%(2)

12.

Type of Reporting Person (See Instructions)
IN

Item 1.

(a).

Name of Issuer:
Callaway Golf Co.

(b).

Address of Issuer’s Principal Executive Offices:
2180 Rutherford Road, Carlsbad, CA 92008

Item 2.

(a).

Name of Person Filing:
Sancarin S.L.

Ms. Concepcion Calleja Delegido

(b).

Address of Principal Business Office, or if none, Residence:
Sancarin S.L.

Paseo De La Castellana, 35 – Planta 7

28046 Madrid

Spain

Ms. Concepcion Calleja Delegido

c/o Sancarin S.L.

Paseo De La Castellana, 35 – Planta 7

28046 Madrid

Spain

(c).

Citizenship:
Sancarin S.L. – Spain

Ms. Concepcion Calleja Delegido - Spain

(d).

Title of Class of Securities:
Common stock, $0.01 par value

(e).

CUSIP Number:
131193104

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a

(a)

o

Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78c).

(b)

o

Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).

(c)

o

Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).

(d)

o

Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)

o

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);

(i)

o

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4.

Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount beneficially owned:   

4,860,149 shares deemed beneficially owned by Sancarin S.L.

4,860,149 shares deemed beneficially owned by Ms. Concepcion Calleja Delegido

(b)

Percent of class:   

5.15% deemed beneficially owned by Sancarin S.L.

5.15% deemed beneficially owned by Ms. Concepcion Calleja Delegido

(c)

Number of shares as to which Sancarin S.L. has:

(i)

Sole power to vote or to direct the vote   

0,

(ii)

Shared power to vote or to direct the vote    

4,860,149,

(iii)

Sole power to dispose or to direct the disposition of   

0,

(iv)

Shared power to dispose or to direct the disposition of   

4,860,149.

Number of shares as to which   Ms. Concepcion Calleja Delegido has:

(i)

Sole power to vote or to direct the vote   

0,

(ii)

Shared power to vote or to direct the vote    

4,860,149,

(iii)

Sole power to dispose or to direct the disposition of   

0,

(iv)

Shared power to dispose or to direct the disposition of   

4,860,149.

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   o .

N/A

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified.  A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.

N/A

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary.  If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

N/A

Item 8.

Identification and Classification of Members of the Group.

If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group.  If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.

N/A

Item 9.

Notice of Dissolution of Group.

Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity.  See Item 5.

N/A

Item 10.

Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SANCARIN S.L.

By:

/s/ CONCEPCION CALLEJA DELEGIDO

Name: Ms. Concepcion Calleja Delegido

Title: President

MS. CONCEPCION CALLEJA DELEGIDO

/s/ CONCEPCION CALLEJA DELEGIDO

Ms. Concepcion Calleja Delegido

SANCARIN S.L.

By:

/s/ CONCEPCION CALLEJA DELEGIDO

Name: Ms. Concepcion Calleja Delegido

Title: President

MS. CONCEPCION CALLEJA DELEGIDO

/s/ CONCEPCION CALLEJA DELEGIDO

Ms. Concepcion Calleja Delegido

SANCARIN S.L.

By:

/s/ CONCEPCION CALLEJA DELEGIDO

Name: Ms. Concepcion Calleja Delegido

Title: President

MS. CONCEPCION CALLEJA DELEGIDO

/s/ CONCEPCION CALLEJA DELEGIDO

Ms. Concepcion Calleja Delegido