FountainCap Research & Investment Hong Kong Co. Ltd. acquired a new stake in Pinduoduo Inc. (NASDAQ:PDD) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 77,522 shares of the company’s stock, valued at approximately $7,029,000. Pinduoduo accounts for about 27.7% of FountainCap Research & Investment Hong Kong Co. Ltd.’s investment portfolio, making the stock its 2nd biggest position. Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Kistler Tiffany Companies LLC acquired a new...