IDG China Capital Fund III Associates L.P.
•CIK: 1649614•Filing: Q4 2025
IDG China Capital Fund III Associates L.P. manages $801M across a concentrated portfolio of two key positions. The fund's largest holding is CRCL, representing a substantial $790.3M allocation. This significant weighting suggests a deep conviction in the Chinese real estate sector. The remaining $10.9M is dedicated to WDH, indicating a focused, high-conviction investment mandate.
Total AUM
$801.2M
QoQ Performance
-49.1%
Positions
2
Top 10 Concentration
100.0%
Latest Filing
Q4 2025
Top Holdings Allocation
CRCL
CRCL98.6%
WDH1.4%
📈 Biggest Buys
No new positions or increases this quarter
📉 Biggest Sells
CRCL
CIRCLE INTERNET GROUP INC
-9.6%
98.6% of portfolio
Sector Breakdown
Other100.0%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
↓1 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024