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Y Intercept Hong Kong Ltd Acquires New Holdings in Pinduoduo Inc. (NASDAQ:PDD)

News Snapshot:

Y Intercept Hong Kong Ltd acquired a new stake in shares of Pinduoduo Inc. (NASDAQ:PDD) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,643 shares of the company’s stock, valued at approximately $463,000. A number of other large investors have also recently modified their holdings of PDD. Dimensional Fund Advisors LP grew its stake in Pinduoduo by 15.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 438,104 shares of the company’s stock worth $58,710,000 after buying an additional 60,034 shares in the last…

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