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Billionaire investor Warren Buffett has used the ongoing market selloff as an opportunity to buy the dip and add several new major positions as his investing conglomerate, Berkshire Hathaway, deployed tens of billions of dollars into stocks during the first quarter, according to new regulatory filings.

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Buffett’s Berkshire Hathaway took advantage of the ongoing market turbulence to enter into eight new positions and add to many others during the first quarter of 2022, with most of its buying activity occurring in early March.

Buffett’s investing conglomerate disclosed several new stakes late on Monday, including 55 million shares of Citigroup (worth around $2.6 billion) and 69 million shares of media giant Paramount Global (worth around $1.9 billion).

Berkshire Hathaway now owns a more than 10% stake in Paramount, which rebranded from ViacomCBS earlier in 2022, while also revealing a new $390 million stake in Ally Financial last quarter.

Shares of all three companies jumped on Tuesday following the news that Buffett had taken a position: Paramount surged 14%, Citi 7% and Ally nearly 5%.

Berkshire Hathaway also made sizable purchases in two energy companies—Chevron and Occidental Petroleum, legacy tech giant HP and video game company Activision Blizzard, though the moves had previously been disclosed.

Buffett’s investing conglomerate now owns roughly 159 million shares in Chevron (worth around $27 billion), 143 million shares of Occidental (nearly $10 billion), 121 million shares of HP (over $4 billion) and 64 million shares of Activision ($5 billion).