Berkshire Hathaway Buys $26.9 Million More Sirius XM Stock, Lifting Stake Above 125 Million Shares
Warren Buffett's Berkshire Hathaway bought another 924,281 shares of Sirius XM Holdings over three trading days, adding $26.89 million to a stake that now tops 125 million shares, according to a Form 4 filed Tuesday night.
The purchases were reported by Berkshire and Buffett as 10% owners of the satellite radio company.
Three days of buying
Berkshire bought 743,965 shares on Oct. 30 at a weighted average price of $28.8913, in trades ranging from $28.6550 to $29.0100. It added 66,968 shares on Nov. 2 at a weighted average of $29.466 and 113,348 shares on Nov. 3 at a weighted average of $30.233.
In total, the purchases cost $26,894,245, an average of $29.10 per share. All were open-market purchases.
Who holds the shares
After the trades, Berkshire-related entities hold 125,731,398 Sirius XM shares, according to the filing. Of those, 109,746,508 are owned by Government Employees Insurance Company, the Berkshire subsidiary better known as GEICO.
Another 15,984,890 shares are held by pension plans of Berkshire subsidiaries: the Berkshire Hathaway Consolidated Pension Plan with 10,556,408 shares, the BNSF Master Retirement Trust with 3,308,255, the Precision CastParts Corp Master Trust with 1,952,727 and the Scott Fetzer Collective Investment Trust with 167,500. Berkshire, Buffett and the pension plans disclaim beneficial ownership of the pension plan shares.
Buffett, as Berkshire's controlling stockholder, may be deemed to beneficially own the GEICO-held shares only to the extent of his pecuniary interest, the filing said.
Why it matters
Form 4 filings from Berkshire are closely watched by individual investors because they offer a rare real-time look at the conglomerate's stock moves.
By the numbers
- Shares bought: 924,281
- Total cost: $26,894,245
- Purchase dates: Oct. 30, Nov. 2 and Nov. 3, 2026
- Weighted average prices: $28.8913 to $30.233
- Shares held after: 125,731,398
- Held by GEICO: 109,746,508
Sources
- Form 4 filed by Berkshire Hathaway and Warren E. Buffett for Sirius XM Holdings, filed Nov. 3, 2026 (accession 0001193125-26-445930)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.