Idg-accel China Growth Fund Iii Associates L.P. 13F annual report
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.
$31.2 million Assets Under Management (AUM)
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.
Careers at Idg-accel China Growth Fund Iii Associates L.P.
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..
Recent trades
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.
One of the smallest hedge funds
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.
Quan Zhou investment strategy
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.
The complete list of Idg-accel China Growth Fund Iii Associates L.P. trades based on 13F SEC filings
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 | |||
Hedge funds similar to Idg-accel China Growth Fund Iii Associates L.P.
- Gryphon International Investment Corp
- H2o Am LL.P.
- Omnistar
- Smh Capital Advisors Inc
- Norwest Venture Partners Xi, L.P.
- Scff Management
- Kite Lake Capital Management (uk) LL.P.
- Encap Energy Capital Fund Viii, L.P.
- Quad Capital Management Advisors
- Canaan Partners Viii
- Belfer Management
- Wolfswood
- Accipiter Capital Management
- Meru Capital L.P.