Penn Davis McFarland reduced its stake in Sirius XM Holdings by 498,032 shares, with an estimated trade value of $10.71 million based on quarterly average prices. The quarter-end position value dropped by $12.04 million, reflecting the share sale and stock price movement, resulting in a 1.03% decrease in reported 13F assets under management (AUM).

The fund now holds 136,262 shares of Sirius XM Holdings valued at $2.72 million, representing 0.26% of AUM and falling outside the top five holdings. Sirius XM Holdings shares were priced at $20.91 as of January 15, 2026, down 59.87% over the past year.

Penn Davis McFarland disclosed selling 498,032 shares of Sirius XM Holdings, estimated at $10.71 million based on average quarterly pricing. The fund’s position value decreased by $12.04 million due to the sale and stock price movement, resulting in a 1.03% drop in reported AUM. Sirius XM Holdings shares were priced at $20.91 on January 15, 2026, down 59.87% year-over-year.

Read more at Nasdaq: Penn Davis McFarland Dumps 498,000 SiriusXM Shares