Filed: 11/5/2025ACC: 0001104659-25-106844
📋 What this filing means
IDG CHINA CAPITAL FUND III ASSOCIATES L.P. filed this quarterly 13F‑HR report disclosing 3 equity positions with a total reported market value of $1.58B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
3
Positions
$1.58B
Total AUM (reported)
21.33M
Total Shares
Allocation by class
COM CL A$1.46B92.8%
SPONSORED ADS$102.80M6.5%
ADS$10.83M0.7%
Portfolio Concentration
Top 3$1.58B100.0%
Top 3 weight
100.0%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 21.33M
Sole
Full voting authority
21.33M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole3
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings3
Rows:
CIRCLE INTERNET GROUP INC
SOLEShares11.03M
TypeSH
Market value$1.46B
92.79%
Sole
11.03M
Shared
0.00
None
0.00
PONY AI INC
SOLEShares4.57M
TypeSH
Market value$102.80M
6.52%
Sole
4.57M
Shared
0.00
None
0.00
WATERDROP INC
SOLEShares5.73M
TypeSH
Market value$10.83M
0.69%
Sole
5.73M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CIRCLE INTERNET GROUP INCSOLE | COM CL A | 11.03M | SH | $1.46B 92.79% | 11.03M | 0.00 | 0.00 |
PONY AI INCSOLE | SPONSORED ADS | 4.57M | SH | $102.80M 6.52% | 4.57M | 0.00 | 0.00 |
WATERDROP INCSOLE | ADS | 5.73M | SH | $10.83M 0.69% | 5.73M | 0.00 | 0.00 |