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Sweden's Jesper Parnevik wins first PGA Tour Champions title (The Associated Press)

THE WOODLANDS, Texas (AP) -- Jesper Parnevik won the Insperity Invitational for his first PGA Tour Champions victory, shooting a 5-under 67 for a four-stroke victory Sunday.

The 51-year-old Swede won in his 23rd career start on the 50-and-over tour. The five-time PGA Tour winner finished at 12-under 204 at The Woodlands Country Club.

Local favorite Jeff Maggert, first-round leader Mike Goodes and South Africa's David Frost tied for second. Maggert, a Woodlands resident and former Texas A&M player, had a 71. Frost shot 69, and Goodes 70.

John Daly tied for 17th at 2 under in his PGA Tour Champions debut.