13F HOLDINGS REPORT
IDG China Capital Fund III Associates L.P.
Quarter ended Q3 2025 · Filed November 5, 2025 · Accession 0001104659-25-106844
Total Value
$1.58B
Positions
3
Other Managers
0
Confidential Omitted
No
Holdings (3)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CIRCLE INTERNET GROUP INC | CRCL | 11,026,687 | $1.46B | 92.79% |
| 2 | PONY AI INC | PYAIF | 4,570,712 | $102.8M | 6.52% |
| 3 | WATERDROP INC | WDH | 5,729,041 | $10.8M | 0.69% |