Paulson dumps B. of A., Citi, H-P shares

SAN FRANCISCO (MarketWatch)
Hedge fund billionaire John Paulson sold off his shares of Bank of America and Citigroup Inc.  according to a Securities and Exchange Commission filing late Tuesday
Last quarter, Paulson reported owning 64.3 million shares of B. of A. and 25.1 million shares of Citi
Paulson also reduced his stake in Wells Fargo & Co. to 3.5 million shares from 23.8 million in the last quarter, and SunTrust Banks Inc. to 11.6 million shares from 30.4 million last quarter
He also trimmed his holdings in the SPDR Gold Trust to 17.3 million shares from 20.3 million last quarter
Paulson also sold off his remaining 15.2 million stake in Hewlett-Packard