IDG China Venture Capital Fund V Associates L.P.
Long book
$125.7M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
-12.3%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsIDG China Venture Capital Fund V Associates L.P. is a diversified fundamental manager, specialised in consumer_staples (100% of the long book), running a $125.7M US long book across 1 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: RLX TECHNOLOGY INC-ADR.
Over the last 9 quarters its long book ran on average 3.5pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-4.2%
Q2 2024
-1.6%
Q3 2024
+20.0%
Q4 2024
-13.0%
Q1 2025
+17.6%
Q2 2025
+19.0%
Q3 2025
-11.4%
Q4 2025
-5.6%
Q1 2026
-12.3%
Sector allocation
No sector data
Long book by quarter
What does IDG China own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 1, 2026 | 1 | $125.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 1 | $138.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 1 | $158.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 1 | $132.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 1 | $112.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 6, 2025 | 1 | $129.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 1 | $108.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 1 | $110.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 22, 2024 | 1 | $115.3M | canonical | SEC ↗ |