IDG China Venture Capital Fund V Associates L.P.
Venture CapitalCIK
1709671
Location
HONG KONG, K3
Portfolio Value
Small
$125,692,606
Diversification
Highly concentrated
Filing Date
Global Rank
#5,220
/ 8,617
▼ 33
· as of Mar 2026
Top Industry
Tobacco
100.0%
3Y Alpha vs SPY
-12.4%
Period ended 4 months ago
Filed May 1, 2026 · 3mo
18 quarters · since Dec 2021
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+31.9%
SPY
+69.4%
Annualised alpha
-9.6%
Max drawdown
−34.4%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
1 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
100.0%
0.0 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
10,000
Highly concentrated0
Portfolio Trend
18 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Defensive | 100.0% | $125,692,606 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| RLX | RLX Technology Inc. | −2,199,619 | 57,133,003 | $125,692,606 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
1 positions ·
$125,692,606 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| RLX |
RLX Technology Inc.
Consumer Defensive
|
Reduced | 57,133,003 | $125,692,606 | 100.00% |