Berkshire Hathaway Inc. increased its holdings in Sirius XM Holdings Inc. by 4.2% according to its latest 13F filing. The firm purchased 5,030,425 additional shares during the period.
Total ownership now stands at 124,807,117 shares. Sirius XM represents approximately 1.1% of Berkshire Hathaway's total portfolio. The audio entertainment company is now the firm's 13th largest holding.
The stake was valued at roughly $2.9 billion at the end of the most recent quarter. Berkshire Hathaway now controls 37.08% of the company.