Serenity Capital Management Pte. Ltd. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Serenity Capital Management Pte. Ltd. disclosed 9 US equity positions worth $376.8m in its Q4 2025 13F filing. The largest position was ZTO at 28.0% of the reported book, followed by HTHT and TAL. Against the Q3 2025 filing, it opened 3 new positions, added to 1 and reduced 0 among the top 9 holdings.
What did Serenity Capital Management Pte. Ltd. own in Q4 2025? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | ZTO ZTO EXPRESS CAYMAN INC | Industrials | 28.0% | $105.6m | 5,056,987 | 0% | held |
| 2 | HTHT H WORLD GROUP LTD | Consumer Cyclical | 15.9% | $60.0m | 1,274,391 | 0% | held |
| 3 | TAL TAL EDUCATION GROUP | Consumer Defensive | 13.7% | $51.6m | 4,730,377 | 0% | held |
| 4 | MAT MATTEL INC | Consumer Cyclical | 12.6% | $47.3m | 2,385,643 | – | new |
| 5 | MNSO MINISO GROUP HLDG LTD | Consumer Cyclical | 10.1% | $38.0m | 2,024,455 | 75% | added |
| 6 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 9.6% | $36.1m | 656,878 | 0% | held |
| 7 | YMM FULL TRUCK ALLIANCE CO LTD | Technology | 5.1% | $19.4m | 1,807,769 | – | new |
| 8 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 2.7% | $10.3m | 70,000 | – | new |
| 9 | ATAT ATOUR LIFESTYLE HLDGS LTD | Consumer Cyclical | 2.2% | $8.5m | 215,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.