Warren Buffett is one of the world’s most renowned investors and is the CEO of the holding company Berkshire Hathaway (BRK.A) (BRK.B), which majorly owns shares of blue-chip companies with robust balance sheets and stable cash flows. Berkshire Hathaway's recently filed 13F showed that Buffett's collection of stocks grew in number during the first three months of 2022. Moreover, Berkshire's 13F revealed that the holding company spent $41.5 billion in net stock purchases in the first quarter, the highest since 2008.
Since the beginning of the year, the stock market has experienced wild swings as investors remain concerned about the Ukraine-Russia war, supply chain constraints, the Fed's potential interest rate hikes to curb the inflationary pressures, and a slowdown in economic growth. However, Buffett took advantage of the recent market dip to buy quality stocks.
