SiriusXM Stock Is Down 14% in One Year, and One Fund Just Cut Its Stake By $3 Million

2 days ago 12

Jonathan Ponciano, The Motley Fool

Mon, February 2, 2026 astatine 11:38 AM CST 4 min read

On February 2, Capital Management Corp disclosed selling 147,767 shares of Sirius XM Holdings (NASDAQ:SIRI) successful the 4th quarter, an estimated $3.18 cardinal commercialized based connected quarterly mean pricing.

According to its SEC filing dated February 2, Capital Management Corp sold 147,767 shares of Sirius XM Holdings during the 4th quarter. The estimated worth of the commercialized was $3.18 million, based connected the mean closing terms for the period. The money ended the 4th with 513,699 shares successful the institution worthy $10.27 cardinal astatine quarter-end.

After the reduction, the Sirius XM presumption represents 1.68% of the fund’s reportable U.S. equity assets.

Top holdings aft the filing:

NASDAQ: IDCC: $37.12 cardinal (6.1% of AUM)
NYSE: PBI: $30.97 cardinal (5.1% of AUM)
NYSE: GTN: $29.76 cardinal (4.9% of AUM)
NASDAQ: NXST: $25.92 cardinal (4.2% of AUM)
NYSE: AEM: $22.72 cardinal (3.7% of AUM)

As of February 2, SIRI shares were priced astatine $20.20, down 14% implicit the past twelvemonth and good underperforming the S&P 500’s astir 15% summation successful the aforesaid period.

Metric

Value

Revenue (TTM)	$8.55 billion
Net income (TTM)	$993.00 million
Dividend yield	5.3%
Price (as of February 2)	$20.20

Sirius XM Holdings offers outer radio, streaming audio, podcasts, and connected conveyance services; generates gross chiefly done subscription fees and advertising
The institution operates a subscription-based concern model, distributing contented via outer and online platforms to idiosyncratic consumers and done automotive partnerships
It targets U.S. consumers, automakers, and retail partners seeking premium audio contented and in-vehicle connectivity solutions

Sirius XM Holdings is simply a starring supplier of outer vigor and streaming audio services successful the United States, leveraging a beardown subscription basal and diversified contented portfolio. The institution combines exclusive programming with wide organisation done automotive and integer channels, supporting accordant gross generation. Its standard and integration with connected vehicles presumption it arsenic a cardinal subordinate successful the evolving amusement and mobility ecosystem.

This determination matters due to the fact that it reflects a reassessment of durability, not conscionable price. In a portfolio dominated by high-margin IP, broadcasters, and cash-generative media assets, trimming SiriusXM aft a pugnacious twelvemonth for the banal mightiness awesome interest astir its trajectory much than valuation.

SiriusXM remains profitable, but maturation has grown harder to find. In the 3rd quarter, gross slipped 1% twelvemonth implicit twelvemonth to $2.16 billion, portion adjusted EBITDA declined to $676 million, down somewhat from $693 cardinal a twelvemonth earlier. Subscriber trends were mixed, with full subscribers ending the 4th astatine astir 33 million, and self-pay nett adds inactive nether pressure. The agleam spot was currency generation. Free currency travel surged to $257 cardinal successful the quarter, up from $93 cardinal 1 twelvemonth earlier and helping absorption rise full-year guidance to $1.23 billion.

More broadly, this fund’s apical holdings thin toward businesses with clearer operating leverage and secular tailwinds. Against that backdrop, SiriusXM’s vulnerability to car income cycles, rising acquisition costs, and slower subscriber maturation makes it a tougher fit. Plus, it’s important to notation that adjacent aft the trim, the presumption remains meaningful astatine 1.7% of assets, suggesting continued content successful the banal and its currency travel story.