Warren Buffett’s Stock Portfolio and 5 Newest Investments in 2022

In this article, we discuss Warren Buffett’s 5 newest investments in 2022. If you want to see more stocks in this selection, check out Warren Buffett’s Stock Portfolio and 10 Newest Investments in 2022. 

5. Aon plc (NYSE:AON)

Number of Hedge Fund Holders: 49

Berkshire Hathaway’s Stake Value: $1,177,556,000

Aon plc (NYSE:AON) is an Irish professional services firm that provides commercial risk solutions, retirement planning, and health solutions worldwide. Aon plc (NYSE:AON) is one of the newest picks of Warren Buffett, who added the stock to his portfolio in Q1 2021. Berkshire Hathaway, as of Q3 2022, owns nearly 4.4 million shares of Aon plc (NYSE:AON) worth $1.17 billion, representing 0.39% of the total holdings. 

On October 31, Raymond James analyst C. Gregory Peters downgraded Aon plc (NYSE:AON) to Underperform from Market Perform without a price target, citing a market-neutral strategy compared to other names under his coverage. Aon plc (NYSE:AON) has the highest exposure to foreign economies, representing 55% of total revenues, compared to the broker peer average of approximately 40%, the analyst told investors. He added that the group expects soft rates of organic growth through 2023 due to the uncertain economic outlook.

According to Insider Monkey’s Q3 data, 49 hedge funds were long Aon plc (NYSE:AON), with combined stakes worth about $4 billion, compared to 49 funds in the prior quarter worth $4.6 billion. 

Here is what Mawer Investment Management has to say about Aon plc (NYSE:AON) in its Q3 2022 investor letter:

“With the backdrop of a more uncertain economic environment, there were several companies in our portfolios that performed well over the quarter. Businesses we would define as “boring” were some of the stronger performing stocks in the quarter. Holdings such as insurance broker Aon (NYSE:AON) posted steady increases in revenues and operating profits reflecting the stability of their businesses.”