5 Stocks Buffett Probably Sold in the First Quarter

Having recently reported its first-quarter operating results, we know that Buffett and his team purchased $4 billion worth of equities during the quarter ... Phillips 66 Although I've not placed these companies in any particular order, my confidence is highest of all that Berkshire Hathaway completely sold out of its stake in integrated oil and gas giant Phillips 66 (NYSE:PSX) during the first quarter ... Buffett and his team sold more than 55.1 million shares of Wells Fargo during the fourth quarter, and they've pared down the position from as much as 479 million shares in the past couple of years.

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