Liberty SiriusXM (LSXMA, Financial) remains on the quarterly and year-to-date laggards list given its difficult performance in the first quarter as auto-related businesses were hit by supply chain disruptions even before the pandemic fully took hold in the U.S. Shares have recovered in the months since, and we do not view the third quarter's modest decline as particularly material.
From Wallace Weitz (Trades, Portfolio)'s Hickory Fund third-quarter 2020 commentary.
