SERENITY CAPITAL MANAGEMENT PTE. LTD.

CIK 1934957 · View on SEC EDGAR ↗

Portfolio value
$331.6M
#4,883 of 9,443 by 13F value · top 51.7%
Positions
11
As of
June 30, 2026

Portfolio value QoQ: -20.0% 13F does not disclose cash

Top 10 holdings weight
97.97%
Top 25 holdings weight
100.00%
Positions above 1%
11
Effective number of positions
5.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 5.77% Est. buys $21,528,199 · sells $43,124,261

Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 84.6% still held

New positions
1
Increased
1
Decreased
2
Closed
2
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+0.7%
S&P 500 total return (same window)
+28.1%
Excess return
-27.4%

Annualized: +0.5% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Logistics & Transportation
34.1%
Diversified Consumer Services
24.3%
Retail
18.1%
Industrials
14.0%
Consumer Discretionary
9.5%

Full portfolio 11 positions

Type Streak 8Q trend
ZTO ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share. $113,175,369 34.13% 5,056,987 $-14,108,994
TAL TAL Education Group American Depositary Shares $45,269,708 13.65% 4,730,377 $-8,514,678
EDU New Oriental Education & Technology Group, Inc. Sponsored ADR representing 10 Ordinary Share (Cayman Islands) $35,227,845 10.62% 767,324 $-1,971,156 Up ×1
YMM Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) $29,944,765 9.03% 3,687,779 $-663,801
PDD PDD Holdings Inc. - American Depositary Shares $27,460,800 8.28% 360,000 $-9,324,000
MNSO MINISO Group Holding Limited American Depositary Shares, each representing four Ordinary Shares $25,826,912 7.79% 2,141,535 $-8,865,955
CYD China Yuchai International Limited Common Stock $16,457,623 4.96% 347,134 Up ×1
MAT Mattel, Inc. - Common Stock $13,880,000 4.19% 1,000,000 $-15,209,525 Down ×2
HTHT H World Group Limited - American Depositary Shares $10,791,629 3.25% 258,668 $-37,434,319 Down ×2
ATAT Atour Lifestyle Holdings Limited - American Depositary Shares $6,837,000 2.06% 215,000 $-1,077,150
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $6,718,600 2.03% 70,000 $-2,063,600

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
CYD $16,457,623 347,134 4.96%

Top movers (QoQ)

Security Action Shares Δ Value Δ
HTHT Trimmed -700K -$37.4M
MAT Trimmed -1.0M -$15.2M
ZTO Price move only +0 -$14.1M
PDD Price move only +0 -$9.3M
MNSO Price move only +0 -$8.9M
TAL Price move only +0 -$8.5M
BABA Price move only +0 -$2.1M
EDU Bought more +110K -$2.0M
ATAT Price move only +0 -$1.1M
YMM Price move only +0 -$664K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
BZ Dec. 31, 2025 5,035,348 $117,625,729 -22.2%
QFIN Dec. 31, 2025 260,849 $7,507,234 -40.5%