IDG China Capital Fund GP III Associates Ltd.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), IDG China Capital Fund GP III Associates Ltd. reported 2 stock positions worth $104.2 million. Its top holding was Circle Internet (CRCL) at 99.5% of the portfolio, followed by Waterdrop (WDH, 0.5%).

Most Recent 13F
Q2 2026
Location
CENTRAL HONG KONG, F4
CIK
0001649611
Portfolio Value
$104.2M (Q4 2025)
SEC Filing
0001104659-26-014651 ↗ filed Feb 13, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q4 2025: $104.2M $104.2M Q4 2025 Q1 2026: $113.2M Q1 2026 Q2 2026: $73.5M Q2 2026

Holdings 2 stocks · $104.2M

CRCL Circle Internet Group Inc. 99.48% 1,307,711 $103.7M —
WDH Waterdrop Inc. 0.52% 283,175 $538K —

Portfolio Sells Q4 2025

No earlier filing to compare with.

Portfolio Buys Q4 2025

No earlier filing to compare with.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$73.5MCRCL, WDH
Q1 2026 2$113.2MCRCL, WDH
Q4 2025 2$104.2MCRCL, WDH