Buffett's Berkshire Cuts P&G and Kraft, Adds Republic Services, Iron Mountain and Becton Dickinson

Warren Buffett's Berkshire Hathaway (NYSE: BRK.a) (NYSE: BRK.b) issued its 13F for the quarter ended March 31, 2010. Buffett sold shares in Procter & Gamble (NYSE: PG) and Kraft Foods (NYSE: KFT), among others, and added to shares of Republic Services (NYSE: RSG) Iron Mountain (NYSE: IRM) and Becton Dickinson (NYSE: BDX).

Notable Changes:

• Added 2.54 million shares of Republic Services Inc. (NYSE: RSG), bringing his stake to 10.8 million shares
  
• Added 795K shares of Iron Mountain Inc. (NYSE: IRM), bringing his stake to 7.8 million shares
  
• Added 244K shares of Becton, Dickinson and Company (NYSE: BDX), bringing his stake to 1.7 million shares
  
• Sold 8.4 million shares of Procter & Gamble Co. (NYSE: PG) bringing his stake to 79.1 million shares
  
• Sold 31.54 million shares of Kraft Foods Inc. (NYSE: KFT), bringing his stake to 106.7 million shares
  
• Sold 33.5 million shares of ConocoPhillips (NYSE: COP), bringing his stake to 34.2 million shares
  
• Sold 1.15 million shares of M&T Bank Corp. (NYSE: MTB), bringing his stake to 485 million shares
  
• Sold 920K shares of Costco Wholesale Corporation (Nasdaq: COST), bringing his stake to 4.3 million shares
  
• Sold 274K shares of CarMax Inc. (NYSE: KMX), bringing his stake to 7.7 million shares
  
• Liquidates SunTrust Banks, Inc. (NYSE: STI), The Travelers Companies, Inc. (NYSE: TRV), Unitedhealth Group, Inc. (NYSE: UNH), WellPoint Inc. (NYSE: WLP)

Buffett's top three holdings were Coca-Cola (NYSE: KO) at 200 million shares, Wells Fargo (NYSE: WFC) at 321 million shares, and American Express (NYSE: AXP) at 152 million shares. He maintained his holdings in all three.

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