CHECK Capital Makes a Big Bet on Sirius XM (SIRI) With a Purchase of 822,000 Shares Worth $17.7 Million

2 hours ago 3

Cory Renauer, The Motley Fool

Sat, February 7, 2026 astatine 3:13 PM CST 4 min read

According to a Securities and Exchange Commission (SEC) filing dated February 6, 2026, CHECK Capital Management accrued its involvement successful Sirius XM (NASDAQ:SIRI) by 821,657 shares during the 4th quarter. The estimated transaction value, based connected the mean closing terms for the period, was $17.66 million. The worth of the fund’s Sirius XM presumption astatine quarter-end roseate by $9.67 million, a fig that reflects some caller purchases and changes successful the stock price.

CHECK Capital Management’s bargain lifted its Sirius XM involvement to 1.68% of its $3.44 cardinal reportable U.S. equity assets.
Top holdings aft the filing:
- UNK: BRK-B: $554.18 cardinal (33.7% of AUM)
- NASDAQ: GOOGL: $221.93 cardinal (13.5% of AUM)
- NYSE: BN: $201.41 cardinal (12.2% of AUM)
- NYSE: MKL: $166.20 cardinal (10.1% of AUM)
- NYSE: AER: $118.94 cardinal (7.2% of AUM)
As of February 5, 2026, Sirius XM shares were priced astatine $22.60, down 8.1% implicit the past year, trailing the S&P 500 by 20.3 percent points.

Metric

Value

Revenue (TTM)	$8.56 billion
Net income (TTM)	$805.00 million
Dividend yield	4.91%
Price (as of marketplace adjacent February 5, 2026)	$22.60

Offers outer radio, streaming audio, podcasts, and related services; gross is chiefly generated from subscription fees and advertising.
Operates a subscription-based model, distributing contented via outer and integer platforms, with further gross from licensing and information services.
Serves idiosyncratic consumers, automotive archetypal instrumentality manufacturers, and commercialized partners crossed the United States.

Sirius XM is simply a starring supplier of outer vigor and audio amusement services successful the United States, with a divers portfolio spanning music, sports, talk, and quality content. The institution leverages a subscription-driven concern model, complemented by advertizing and licensing, to present accordant gross streams. Its integrated level and wide organisation done automotive and integer channels supply a competitory borderline successful the evolving audio amusement market.

Check Capital has been gaining attraction owed to a portfolio that much than tripled successful size from the extremity of 2015 done the extremity of 2025. Sirius XM isn’t a top-five position, but it is the firm’s seventh-largest banal holding.

Sirius XM hasn’t been an casual banal to ain for growth-oriented investors. The subscription-based vigor work finished 2025 with 31.3 cardinal paying subscribers. That’s less subscribers than it reported astatine the extremity of 2021.