AMF Tjanstepension AB lowered its stake in The Procter & Gamble Company ( NYSE:PG – Free Report ) by 7.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,301,297 shares of the company's stock after selling 104,429 shares during the period. Procter & Gamble makes up 1.8% of AMF Tjanstepension AB's holdings, making the stock its 13th biggest holding. AMF Tjanstepension AB's holdings in Procter & Gamble were worth $197,534,000 as of its most recent filing with the SEC. Several other hedge funds and other institutional investors also recently modified their holdings of PG.

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