A filing with the Securities and Exchange Commission revealed that Warren Buffett, via Berkshire Hathaway Inc. cut his holdings in Proctor & Gamble Inc. and a number of other major companies for the fourth quarter.
Buffett, through Berkshire Hathaway diminished holdings in P&G by 9 percent or 8.8 million shares, reducing current holdings to 87.5 million shares. Additionally, stakes in Walmarrt, Wells Fargo, Becton Dickinson, Iron Mountain ConocoPhillips and Johnson & Johnson were also cut back without explanation from Buffet.
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