Warren Buffett Has Bought 8 New Stocks in 2022: Here's the Best of the Bunch
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has added eight new stocks to its portfolio in 2022, according to the company's SEC filings. Some are rather large positions that have received quite a bit of coverage, such as the massive stake in Occidental Petroleum (NYSE: OXY) that CEO Warren Buffett and his team have accumulated in just a few months. Berkshire's investments in HP (NYSE: HPQ) and Citigroup (NYSE: C) have also been discussed extensively in the investing community.
While these have been the headline investments Berkshire Hathaway has made during this year's market downturn, of the new stocks added to Berkshire's closely watched stock portfolio in 2022, my top pick is one that has largely flown under the radar.
In the first quarter of 2022, Berkshire Hathaway added just over 420,000 shares of specialty insurance company Markel (NYSE: MKL) to its portfolio. In the second quarter, Berkshire's stake was increased to 467,611 shares worth $605 million – roughly 3.5% of the company's outstanding shares.
Source Fool.com
