Tree Line Advisors Hong Kong Ltd. lowered its stake in shares of JD.com, Inc. (NASDAQ:JD) by 23.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 720,000 shares of the information services provider’s stock after selling 220,000 shares during the quarter. JD.com comprises approximately 9.4% of Tree Line Advisors Hong Kong Ltd.’s investment portfolio, making the stock its 3rd largest position. Tree Line Advisors Hong Kong Ltd.’s holdings in JD.com were worth $57,463,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds also recently modified their holdings of JD. Burleson &...