3 Stocks That Warren Buffett's Successor, Greg Abel, Bought (Besides Alphabet). Should You?
Berkshire gets a lot of attention for its stake in Alphabet, but these purchases are worth exploring, too.
Overview
Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) is shuffling its portfolio again. The Omaha, Nebraska-based conglomerate filed its second-quarter 13F form with the Securities and Exchange Commission, detailing the company's huge stock portfolio and changes made since the first quarter.
Chief Executive Officer Greg Abel, who took over from the legendary Warren Buffett at the beginning of the year, was an active buyer, increasing the portfolio's size from $263 billion to $299 billion. Abel is getting the most attention for his purchase of Alphabet stock, which is now the third-largest position in the company's portfolio. He increased the size of its holdings in the company by 83%, bringing its stake to more than $36 billion.
Details
However, I'm also intrigued by some of his smaller stock purchases. Here are three companies that Berkshire bought last quarter -- not including Alphabet.
Source
Originally published at www.fool.com.