On September 4, 2023, it was reported that investment management firm Baupost Group LLC MA has increased its holdings in The Liberty SiriusXM Group (NASDAQ:LSXMA) by 6.5% during the first quarter of the year. This information was disclosed in the company’s most recent 13F filing with the Securities and Exchange Commission (SEC). Baupost Group now owns approximately 8,177,656 shares of LSXMA stock, after acquiring an additional 500,000 shares during the period.
With this increase in holdings, The Liberty SiriusXM Group accounts for about 3.9% of Baupost Group’s investment portfolio, making it their ninth largest position. At the end of the first quarter, Baupost Group owned 2.50% of The Liberty SiriusXM Group which amounted to a total value of $229,710,000.
The Liberty SiriusXM Group is primarily engaged in the entertainment industry in both the United States and Canada. The…
