IDG China Venture Capital Fund IV Associates L.P.
•CIK: 1609021•Filing: Q4 2025
**IDG China Venture Capital Fund IV Associates L.P.** manages $233M, maintaining a concentrated portfolio of four key positions. The fund exhibits a significant conviction in PDD, representing the largest holding at $198.3M. Further allocations include PONY at $32.1M, LITB at $2.0M, and AUB-PA at $1.0M. This structure indicates a focused, high-conviction approach within the Chinese technology and internet sector.
Total AUM
$233.5M
QoQ Performance
-51.0%
Positions
4
Top 10 Concentration
100.0%
Latest Filing
Q4 2025
Top Holdings Allocation
PDD
PONY
PDD84.9%
PONY13.8%
LITB0.9%
BITDEER0.4%
📈 Biggest Buys
No new positions or increases this quarter
Sector Breakdown
Other100.0%
Changes from Q3 2025
↓2 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023