Serenity Capital Management PTE. Ltd.
Annual return '25
+14.6%
SPY '25
+17.7%
Alpha
-3.2ptsvs SPY
Invested
$414.4M
Holdings
10
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 89%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$ZTO
ZTO EXPRESS CAYMAN INC
Q4 2024: New position (5.06M shares)
30.7%
02
$TAL
TAL ED GROUP
Q3 2025: Increased +16237.0% (29.0k → 4.73M shares)
13.0%
03
$HTHT
H WORLD GROUP LTD
Q3 2025: Increased +126.0% (564.0k → 1.27M shares)
11.6%
04
$EDU
NEW ORIENTAL ED & TECHNOLOGY
Q3 2025: Increased +167.6% (245.5k → 656.9k shares)
9.0%
05
$PDD
PDD HOLDINGS INC
Held since at least Q1 2024
8.9%
06
$MNSO
MINISO GROUP HLDG LTD
Q2 2025: Increased +149.8% (463.5k → 1.16M shares)
8.4%
07
$YMM
FULL TRUCK ALLIANCE CO LTD
Held since at least Q1 2024
7.4%
08
$MAT
MATTEL INC
Held since at least Q1 2024
7.0%
09
$BABA
ALIBABA GROUP HLDG LTD
Held since at least Q1 2024
2.1%
10
$ATAT
ATOUR LIFESTYLE HLDGS LTD
Q3 2025: Sold 21.8% (275.0k → 215.0k shares)
1.9%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 10:43 UTC.