Idg-accel China Growth Fund Iii Associates L.P. is an investment fund managing more than $31.2 million ran by Quan Zhou. There are currently 6 companies in Mr. Zhou’s portfolio. The largest investments include Aurora Mobile Ltd and CASI Pharmaceuticals Inc, together worth $20.4 million.
As of 8th November 2021, Idg-accel China Growth Fund Iii Associates L.P.’s top holding is 6,544,065 shares of Aurora Mobile Ltd currently worth over $10.9 million and making up 35.0% of the portfolio value.
Relative to the number of outstanding shares of Aurora Mobile Ltd, Idg-accel China Growth Fund Iii Associates L.P. owns less than approximately 0.1% of the company.
In addition, the fund holds 7,973,536 shares of CASI Pharmaceuticals Inc worth $9.49 million, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Secoo Hldg Ltd worth $5.19 million and the next is LAIX Inc worth $2.07 million, with 2,294,731 shares owned.
Currently, Idg-accel China Growth Fund Iii Associates L.P.'s portfolio is worth at least $31.2 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Idg-accel China Growth Fund Iii Associates L.P. office and employees reside in Hong Kong, Hong Kong. According to the last 13-F report filed with the SEC, Quan Zhou serves as the Authorized Signatory at Idg-accel China Growth Fund Iii Associates L.P..
Quan Zhou disclosed a decreased stake in Aesthetic Med Intl Hldg Gr L by 0.1%.
This leaves the value of the investment at $1.51 million and 369,867 shares.
The two most similar investment funds to Idg-accel China Growth Fund Iii Associates L.P. are Encap Energy Capital Fund Viii, L.P. and Kite Lake Capital Management (uk) LL.P.. They manage $31 million and $31.5 million respectively.
Idg-accel China Growth Fund Iii Associates L.P.’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 35.0% of
the total portfolio value.
The fund focuses on investments in the China as
50.0% of the portfolio companies
are based in the China.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
33% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $115 million.
These positions were updated on November 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Aurora Mobile Ltd |
No change
6,544,065
|
$10,929,000 | 35.00% |
| CASI Pharmaceuticals Inc |
No change
7,973,536
|
$9,489,000 | 30.38% |
| Secoo Hldg Ltd |
No change
4,182,702
|
$5,187,000 | 16.61% |
| LAIX Inc |
No change
2,294,731
|
$2,065,000 | 6.61% |
| MOGU Inc |
No change
2,114,245
|
$2,051,000 | 6.57% |
| Aesthetic Med Intl Hldg Gr L |
10.33%
369,867
|
$1,509,000 | 4.83% |
| No transactions found | |||
| Showing first 500 out of 6 holdings | |||