Warren Buffett has accumulated minority interests in Kraft Foods Inc. and in European drug giant GlaxoSmithKline, regulatory data showed.
In news interviews and in his annual letters to shareholders, the multi-billionaire known as the Oracle of Omaha usually espouses a buy-and-hold strategy. That approach hasn't changed, based on a check of his latest disclosures.
Buffett's holding company, Berkshire Hathaway (BRKB)(BRKA), held roughly $4.4 billion in common stock in Kraft Foods (KFT) as of Dec. 31, according to a 13-F filing with the Securities and Exchange Commission.
Berkshire owned 1.5 million shares of GlaxoSmithKline (GSK) with a market value of about $76 million as of Dec. 31.