Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway has recently increased its stake in Liberty SiriusXM Group (NASDAQ:LSXMA), adding 500,000 shares to its portfolio on April 26, 2024. The transaction, executed at a price of $24.64 per share, has expanded Berkshire's total holdings in the company to 35,182,219 shares. This move reflects a 1.44% change in the firm's portfolio, with Liberty SiriusXM Group now representing a 0.25% position in Berkshire's holdings and a 10.77% stake in the media company itself.
Warren Buffett’s Berkshire has been accumulating the tracking stock on nearly every trading session since late March.
Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway has recently made a notable addition to its investment portfolio by acquiring additional shares in Liberty SiriusXM Group (NASDAQ:LSXMA). This transaction has caught the attention of the investment community, as it may indicate Buffett's confidence in the future prospects of Liberty SiriusXM Group.