Check out the latest World Rankings!
Tiger Woods, who will be competing at the Phoenix Open this week, remains comfortably ahead of the field.
Ernie Els, Phil Mickelson, David Duval and Lee Westwood held their rankings from last week to complete the top-five.
Colin Montgomerie, who has yet to play in a European Tour event this season, came in sixth. Davis Love III remained in seventh.
Tom Lehman, who was runner-up to Faxon this week, jumped two places to number-eight. He will be in Scottsdale this week to defend his title from a year ago.
Hal Sutton and Vijay Singh each dropped a spot to ninth and 10th, respectively.
Darren Clarke will return to action this week at the South African Open. He remained in 11th place.
Jim Furyk, winner of last week's Mercedes Championships, moved up one to 12th this week. Nick Price also climbed one spot to 13th, while Jesper Parnevik fell two notches to 14th.
Michael Campbell and Sergio Garcia held on to 15th and 16th this week.
Justin Leonard placed 17th followed by Stewart Cink.
Thomas Bjorn and John Huston switched rankings from a week ago. Bjorn is now 19th while Huston rounds out the top-20.
Check out all the latest news headlines!