# IDG China Capital Fund GP III Associates Ltd.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1649611. Source: https://holderbook.com/funds/1649611-idg-china-capital-fund-gp-iii-associates-ltd/

- Reported value: $73.5M
- Positions: 2
- Weight of the ten largest: 100.0%
- Filed: 2026-08-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| CIRCLE INTERNET GROUP INC | [CRCL](https://holderbook.com/stocks/CRCL/) | $73.2M | 1,168,138 | 99.6% | 3 |
| WATERDROP INC | [WDH](https://holderbook.com/stocks/WDH/) | $320.0K | 283,175 | 0.4% | 3 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $73.5M | 2 |
| Q1 2026 | $113.2M | 2 |
| Q4 2025 | $104.2M | 2 |