Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), the conglomerate run by Warren Buffett, bought plenty of stocks in 2022. Through the first nine months of the year, Berkshire deployed more than $66 billion of cash into stocks, a big step up from the same time period in 2021.

Because of Buffett's and Berkshire's long track record of beating the market, investors pay close attention to when they make a move. Here are seven new positions Berkshire initiated in 2022.

Prior to 2022, Berkshire did not own the large oil producer Occidental Petroleum (NYSE: OXY). But at the end of the third quarter, the conglomerate owned 21.4% of its outstanding shares, and regulators have granted Berkshire the right to purchase as much as half of all outstanding shares.

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Source Fool.com