Stocks/Funds/CIK 1649611

IDG China Capital Fund GP III Associates Ltd.

concentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1649611
Assets
$113M
Holdings
2
Lifetime alpha vs market
+149.06% annual
Average hold time
0.5 yr
median 0.5 yr

Quarterly history

Cum return +20% vs S&P -4% · α +25% lifetimeAUM $113M · peak $113MFlow $-12M (-12%)2025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
—
—
Rally response
-9.65%
trims into rallies
when a holding rises +10%+

Top positions · 2

Ticker$ value% portYoYHold time
CRCLCircle Internet Group$113M99.6%—0.5 yr
WDHWaterdrop Inc.$0M0.4%—0.5 yr

Portfolio composition (YoY)

Industry mix
Financial - Capital Markets99.6%$113M
Insurance - Diversified0.4%$0M
Country
US99.6%
CN0.4%
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 0

No buys this quarter

Top sells this quarter · 1

CRCL Circle Internet Group−$104M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$113M2+20.13%-4.37%+24.50%-0.01B
2025-12-31$104M2————