IDG China Capital Fund III Associates L.P.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), IDG China Capital Fund III Associates L.P. reported 2 stock positions worth $100.5 million. Its top holding was Pony AI (PONY) at 93.3% of the portfolio, followed by Waterdrop (WDH, 6.7%).

Most Recent 13F
Q2 2026
Location
CENTRAL HONG KONG, F4
CIK
0001649614
Portfolio Value
$100.5M (Q4 2024)
SEC Filing
0001104659-25-009908 ↗ filed Feb 6, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q4 2024: $100.5M $100.5M Q4 2024 Q1 2025: $66.1M Q1 2025 Q2 2025: $2.2B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $801.2M Q4 2025 Q1 2026: $868.3M Q1 2026 Q2 2026: $564.0M Q2 2026

Holdings 2 stocks · $100.5M
PONY Pony AI Inc. 93.27% 6,529,589 $93.7M —
WDH Waterdrop Inc. 6.73% 5,729,041 $6.8M —

Portfolio Sells Q4 2024

No earlier filing to compare with.

Portfolio Buys Q4 2024

No earlier filing to compare with.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$564.0MCRCL, WDH
Q1 2026 2$868.3MCRCL, WDH
Q4 2025 2$801.2MCRCL, WDH
Q3 2025 3$1.6BCRCL, PONY, WDH
Q2 2025 3$2.2BCRCL, PONY, WDH
Q1 2025 2$66.1MPONY, WDH
Q4 2024 2$100.5MPONY, WDH