IDG China Capital Fund GP III Associates Ltd.
IDG China Capital Fund GP III Associates Ltd. reported 2 US-listed holdings worth $73.5 million in its 13F for the quarter ended 30 June 2026, filed 7 August 2026. Its largest: Circle Internet Group Inc. (99.6%) and Waterdrop Inc. (0.4%). Against the quarter before, it opened 0 positions, added to 0, trimmed 1 and sold out of 0.
The 2 largest of its 2 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned -21.1% over the 2 quarters to 30 June 2026, against +9.5% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Trimmed 1
- Circle Internet Group Inc. CRCL-13,340 shares · -1%
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Circle Internet Group Inc. CRCL | 1.2M | $73.2 million | 99.56% | -13.3K |
| Waterdrop Inc. WDH | 283.2K | $319,988 | 0.44% | no change |