IDG China Capital Fund GP III Associates Ltd.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 1, 2026), IDG China Capital Fund GP III Associates Ltd. reported 2 stock positions worth $113.2 million. Its top holding was Circle Internet (CRCL) at 99.6% of the portfolio, followed by Waterdrop (WDH, 0.4%). Compared with Q4 2025, it reduced 1. The biggest sale was Circle Internet (CRCL, shares −10%).

Most Recent 13F
Q2 2026
Location
CENTRAL HONG KONG, F4
CIK
0001649611
Portfolio Value
$113.2M (Q1 2026)
SEC Filing
0001104659-26-053908 ↗ filed May 1, 2026

Holdings Value

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

Holdings 2 stocks · $113.2M
CRCL Circle Internet Group Inc. 99.59% 1,181,478 $112.7M Reduce -9.7%
WDH Waterdrop Inc. 0.41% 283,175 $459K No change

Portfolio Sells Q4 2025 → Q1 2026
CRCL Circle Internet Group Inc. Reduce -9.7% 99.59% +0.11

Portfolio Buys Q4 2025 → Q1 2026
None this quarter.

All Filings

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