IDG China Capital Fund III Associates L.P. — 13F Holdings & Portfolio

CIK 1649614 · latest 13F-HR filed 2026-05-01

IDG China Capital Fund III Associates L.P. manages $868.3M in 13F-reported U.S. long-equity assets across 2 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are CRCL (98.93%), WDH (1.07%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 0 new positions, exited 0, added to 1, and trimmed 1.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$868.3M

Long-equity book

Holdings

2

Distinct positions

Period

2026-03-31

Filed 2026-05-01

Q/Q Activity

+0 / −0 / ↑1 / ↓1

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • CIRCLE INTERNET GROUP INC$68.8M +8.7%
Show all 1

Top Trims

  • WATERDROP INC-$1.6M -14.7%
Show all 1

New Positions

  • No new positions this quarter.
Show all 0

Exited Positions

  • No exits this quarter.
Show all 0
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 CIRCLE INTERNET GROUP INC CRCL 172573107 $859.0M 98.93% 9,003,674 SH
2 WATERDROP INC WDH 94132V105 $9.3M 1.07% 5,729,041 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-01 $868.3M 2 0001104659-26-053912
2025-12-31 2026-02-13 $801.2M 2 0001104659-26-014659