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IDG China Capital Fund III Associates 13F Portfolio

Portfolio Manager
IDG China Capital Fund III Associates L.P.
Performance
-34.31% (2026 Q2)
AUM (13F)
$564.01M
# of Holdings
2
Performance Rank
N/A
Allocation (Top 20)
100%
Latest filing
Q2 2026

IDG China Capital Fund III Associates L.P. Holdings Map

Top 2 IDG China Capital Fund III Associates L.P. Holdings

Top 10 holdings

StockCompany% Port.SharesValueActivityOwnershipAvg. CostDate
CRCL
CIRCLE INTERNET GROUP INC
98.85%8.90M$557.5M
-1.13%(-101.66K)
2025-Q2: 11.68M shares2025-Q3: 11.03M shares2025-Q4: 9.97M shares2026-Q1: 9.00M shares2026-Q2: 8.90M shares
$181.29(-61.34%)
2026-06-30
WDH
WATERDROP INC
1.15%5.73M$6.5M
+0.00%(+0)
2025-Q2: 5.73M shares2025-Q3: 5.73M shares2025-Q4: 5.73M shares2026-Q1: 5.73M shares2026-Q2: 5.73M shares
$1.19(-15.97%)
2026-06-30

About IDG China Capital Fund III Associates L.P.’s portfolio

IDG China Capital Fund III Associates L.P. reports $564.01M in US-listed equity holdings across 2 positions in its most recent 13F filing. Its largest disclosed positions are CRCL (98.8%) and WDH (1.1%). The top 20 holdings account for 100% of reported assets. Its disclosed equity book has returned -65.74% cumulatively over 6 quarters. Figures reflect the Q2 2026 filing.

Portfolio concentration

Portfolio concentration
CRCL — 98.9% ($557.53M)WDH — 1.1% ($6.47M)
100%in top 2
  • CRCL98.9%
  • WDH1.1%

Portfolio changes

What the fund actually did

Every reported change this quarter, grouped by direction. The signal is in the rotation, not any single trade.

Trimmed
1
CRCLCIRCLE INTERNET GROUP INC-1.1%

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Source filings

Holdings on this page are parsed from IDG China Capital Fund III Associates L.P.’s Form 13F filings with the U.S. Securities and Exchange Commission (CIK 1649614). View IDG China Capital Fund III Associates L.P.’s 13F filings on SEC

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