According to a Securities and Exchange Commission (SEC) filing dated February 6, 2026, CHECK Capital Management increased its stake in Sirius XM (NASDAQ:SIRI) by 821,657 shares during the fourth quarter. The estimated transaction value, based on the average closing price for the period, was $17.66 million. The value of the fund’s Sirius XM position at quarter-end rose by $9.67 million, a figure that reflects both new purchases and changes in the share price.
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CHECK Capital Management’s buy lifted its Sirius XM stake to 1.68% of its $3.44 billion reportable U.S. equity assets.
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Top holdings after the filing:
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UNK: BRK-B: $554.18 million (33.7% of AUM)
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NASDAQ: GOOGL: $221.93 million (13.5% of AUM)
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NYSE: BN: $201.41 million (12.2% of AUM)
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NYSE: MKL: $166.20 million (10.1% of AUM)
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NYSE: AER: $118.94 million (7.2% of AUM)
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As of February 5, 2026, Sirius XM shares were priced at $22.60, down 8.1% over the past year, trailing the S&P 500 by 20.3 percentage points.
|
Metric |
Value |
|---|---|
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Revenue (TTM) |
$8.56 billion |
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Net income (TTM) |
$805.00 million |
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Dividend yield |
4.91% |
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Price (as of market close February 5, 2026) |
$22.60 |
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Offers satellite radio, streaming audio, podcasts, and related services; revenue is primarily generated from subscription fees and advertising.
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Operates a subscription-based model, distributing content via satellite and digital platforms, with additional revenue from licensing and data services.
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Serves individual consumers, automotive original equipment manufacturers, and commercial partners across the United States.
Sirius XM is a leading provider of satellite radio and audio entertainment services in the United States, with a diverse portfolio spanning music, sports, talk, and news content. The company leverages a subscription-driven business model, complemented by advertising and licensing, to deliver consistent revenue streams. Its integrated platform and broad distribution through automotive and digital channels provide a competitive edge in the evolving audio entertainment market.
Check Capital has been gaining attention due to a portfolio that more than tripled in size from the end of 2015 through the end of 2025. Sirius XM isn’t a top-five position, but it is the firm’s seventh-largest stock holding.
Sirius XM hasn’t been an easy stock to own for growth-oriented investors. The subscription-based radio service finished 2025 with 31.3 million paying subscribers. That’s fewer subscribers than it reported at the end of 2021.
