Berkshire Hathaway Buys Sirius XM Shares Worth $54 Million

Dow Jones
2025/02/04

Berkshire Hathaway added to its sizable investment inSirius XM Holdings in recent days, buying 2.3 million shares for about $54 million and raising its stake in the satellite radio company to $2.9 billion.

Berkshire made the purchases on Thursday, Friday and Monday and paid an average price of about $23.50, according to a form 4 filing with the Securities and Exchange Commission late Monday. 

Berkshire now holds 119.8 million shares, a 35% interest in Sirius XM.

Sirius XM shares gained 2.7% in overnight trading.

Berkshire significantly raised its stake in Sirius XM during 2024 and the latest purchases were its first during 2025. The investment, likely made by Berkshire equity manager Ted Weschler, hasn’t been a winner with Sirius XM stock down over 50% in the past year and trading near a 52-week low.

Weschler and Berkshire manager Todd Combs run about 10% of the company’s $300 billion equity portfolio with CEO Warren Buffett handling the rest.

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