HedgeMountain

Serenity Capital Management Pte. LTD.

Singapore, Singapore · CRD 322204
Hedge fund managerExempt reporting

Serenity Capital Management Pte. LTD. is an exempt reporting adviser based in Singapore, Singapore that reports managing 1 hedge fund on Form ADV. Its private funds, of all types, hold $2.2 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated -13.7% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +21.7% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
—Form ADV Item 5.F
Gross assets of private funds
$2.2 billionAll private fund types, Form ADV
Hedge funds managed
11 private funds in total
Employees
—Form ADV Item 5.A
Registration
Exempt reporting adviserCRD 322204
Latest Form ADV
03/27/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD-13.7%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return+21.7%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$331.6 million11 positions, 2026-06-30
$100$121$143Q3 2024Q1 2025Q3 2025Q1 202613F est. $122S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026-14.8%+14.8%
Q1 2026+1.3%-4.6%
Q4 2025-0.7%+2.4%
Q3 2025+14.8%+7.8%
Q2 2025-6.1%+10.4%
Q1 2025+5.6%-4.5%
Q4 2024-4.0%+2.1%
Q3 2024+30.1%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Zto Express Cayman Inc$113.2 million
  • Tal Education Group$45.3 million
  • New Oriental Ed & Technology$35.2 million
  • Full Truck Alliance Co LTD$29.9 million
  • PDD Holdings Inc$27.5 million
  • Miniso Group Hldg LTD$25.8 million
  • China Yuchai Intl LTD$16.5 million
  • Mattel Inc$13.9 million
  • H World Group LTD$10.8 million
  • Atour Lifestyle Hldgs LTD$6.8 million

As of 2026-06-30, from 13F filing by Serenity Capital Management Pte. LTD..

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures