$1.07 Billion is the total value of GoldenTree Asset Management's 31 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 75.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BHC | Sell | BAUSCH HEALTH COS INC | $133,917,284 | +0.2% | 16,532,998 | -22.3% | 12.55% | +17.0% |
| Sell | BAUSCH PLUS LOMB CORP | $106,243,237 | +8.2% | 6,102,426 | -3.6% | 9.96% | +26.3% | |
| UBER | Buy | UBER TECHNOLOGIES INC | $98,715,226 | +48.0% | 3,114,045 | +15.5% | 9.25% | +72.8% |
| VAL | Sell | VALARIS LIMITEDcl a | $70,608,187 | -69.1% | 1,085,278 | -67.9% | 6.62% | -64.0% |
| PDCE | New | PDC ENERGY INC | $64,585,104 | – | 1,006,312 | +100.0% | 6.05% | – |
| MTG | New | MGIC INVT CORP WIS | $50,559,501 | – | 3,767,474 | +100.0% | 4.74% | – |
| BLDR | Sell | BUILDERS FIRSTSOURCE INC | $47,297,723 | +12.7% | 532,752 | -17.6% | 4.43% | +31.6% |
| FOXA | Sell | FOX CORP | $44,452,343 | -12.6% | 1,305,502 | -22.1% | 4.16% | +2.0% |
| SLM | New | SLM CORP | $40,649,372 | – | 3,280,821 | +100.0% | 3.81% | – |
| VOD | Buy | VODAFONE GROUP PLC NEWsponsored adr | $36,989,509 | +101.6% | 3,350,499 | +84.8% | 3.47% | +135.3% |
| CRC | Sell | CALIFORNIA RES CORP | $34,469,550 | -81.5% | 895,313 | -79.1% | 3.23% | -78.4% |
| AGNC | New | AGNC INVT CORP | $34,199,585 | – | 3,392,816 | +100.0% | 3.20% | – |
| BPOP | New | POPULAR INC | $34,139,947 | – | 594,669 | +100.0% | 3.20% | – |
| Sell | SEADRILL 2021 LTD | $33,341,756 | -30.7% | 830,223 | -43.7% | 3.12% | -19.1% | |
| NRP | Sell | NATURAL RESOURCE PARTNERS L | $28,269,484 | -4.3% | 541,561 | -0.4% | 2.65% | +11.8% |
| PNC | New | PNC FINL SVCS GROUP INC | $24,570,336 | – | 193,315 | +100.0% | 2.30% | – |
| PLAY | New | DAVE & BUSTERS ENTMT INC | $24,229,453 | – | 658,588 | +100.0% | 2.27% | – |
| THC | Sell | TENET HEALTHCARE CORP | $23,862,121 | +11.9% | 401,584 | -8.1% | 2.24% | +30.6% |
| WFG | New | WEST FRASER TIMBER CO LTD | $23,417,943 | – | 328,750 | +100.0% | 2.19% | – |
| New | MASTERBRAND INC | $21,871,003 | – | 2,720,274 | +100.0% | 2.05% | – | |
| SEAS | SEAWORLD ENTMT INC | $21,717,106 | +14.6% | 354,218 | 0.0% | 2.04% | +33.8% | |
| Buy | ALGOMA STL GROUP INC | $19,580,119 | +33.3% | 2,423,282 | +4.6% | 1.84% | +55.6% | |
| New | VICTORIAS SECRET AND CO | $19,124,000 | – | 560,000 | +100.0% | 1.79% | – | |
| LILAK | LIBERTY LATIN AMERICA LTD | $13,656,018 | +8.7% | 1,653,271 | 0.0% | 1.28% | +26.9% | |
| JPM | New | JPMORGAN CHASE & CO | $10,016,278 | – | 76,865 | +100.0% | 0.94% | – |
| ET | Sell | ENERGY TRANSFER L P | $4,717,488 | -31.3% | 378,307 | -34.6% | 0.44% | -19.8% |
| BERKSHIRE GREY INC | $1,842,300 | +128.5% | 1,335,000 | 0.0% | 0.17% | +166.2% | ||
| VOD | Buy | VODAFONE GROUP PLC NEWcall | $132,660 | +107.6% | 10,930,000 | +109.0% | 0.01% | +140.0% |
| BERKSHIRE GREY INC*w exp 07/21/202 | $36,906 | +450.8% | 111,666 | 0.0% | 0.00% | +200.0% | ||
| COIN | New | COINBASE GLOBAL INCcall | $16,400 | – | 205,000 | +100.0% | 0.00% | – |
| AMBCWS | AMBAC FINL GROUP INC*w exp 04/30/202 | $5,108 | -93.7% | 39,906 | 0.0% | 0.00% | -100.0% | |
| M | Exit | MACYS INC | $0 | – | -512,821 | -100.0% | -0.85% | – |
| TIMB | Exit | TIM S Asponsored adr | $0 | – | -1,289,446 | -100.0% | -1.21% | – |
| TGNA | Exit | TEGNA INC | $0 | – | -750,887 | -100.0% | -1.28% | – |
| FL | Exit | FOOT LOCKER INC | $0 | – | -446,510 | -100.0% | -1.35% | – |
| CPRI | Exit | CAPRI HOLDINGS LIMITED | $0 | – | -373,904 | -100.0% | -1.72% | – |
| TEVA | Exit | TEVA PHARMACEUTICAL INDS LTDsponsored ads | $0 | – | -2,493,348 | -100.0% | -1.82% | – |
| FYBR | Exit | FRONTIER COMMUNICATIONS PARE | $0 | – | -906,937 | -100.0% | -1.86% | – |
| NXST | Exit | NEXSTAR MEDIA GROUP INC | $0 | – | -179,335 | -100.0% | -2.52% | – |
| Exit | NOBLE CORP PLC | $0 | – | -2,939,622 | -100.0% | -8.90% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-05-11
About GoldenTree Asset Management
GoldenTree Asset Management is a leading global asset management firm that specializes in credit and credit-related investments. The firm was founded in 2000 by Steven Tananbaum, who currently serves as the Chief Investment Officer. GoldenTree has grown significantly since its inception and now manages over $45 billion in assets for a diverse group of institutional investors, including pension funds, endowments, and sovereign wealth funds.
The firm's investment philosophy is centered around a rigorous, research-driven approach to credit analysis. GoldenTree's team of experienced investment professionals conducts extensive due diligence on each investment opportunity, seeking to identify mispricings and inefficiencies in the credit markets. The firm's investment strategies span a range of credit-related asset classes, including high yield bonds, leveraged loans, distressed debt, and structured credit.
GoldenTree's success can be attributed in part to its talented team of investment professionals, which includes seasoned credit analysts, traders, and portfolio managers. In addition to Steven Tananbaum, the firm's leadership team includes COO Robert Matza and President Thomas Humphrey.
Overall, GoldenTree Asset Management has established itself as a leading player in the credit markets, with a track record of delivering strong returns for its investors. While past performance is not indicative of future results, the firm's disciplined investment approach and experienced team suggest that it is well-positioned to continue generating attractive returns for its clients in the years ahead.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| HUNTSMAN CORP | 22 | Q4 2019 | 7.9% |
| NATURAL RESOURCE PARTNERS L | 21 | Q1 2023 | 2.6% |
| BAUSCH HEALTH COS INC | 19 | Q1 2023 | 32.0% |
| DELTA AIR LINES INC DEL | 19 | Q4 2017 | 11.9% |
| AMBAC FINL GROUP INC | 19 | Q1 2023 | 0.1% |
| EAGLE BULK SHIPPING INC | 16 | Q2 2020 | 9.6% |
| FAIRPOINT COMMUNICATIONS INC | 15 | Q2 2017 | 10.2% |
| MGIC INVT CORP WIS | 15 | Q1 2023 | 4.9% |
| VISTRA ENERGY CORP | 14 | Q1 2021 | 26.3% |
| VODAFONE GROUP PLC NEW | 12 | Q1 2023 | 3.5% |
View GoldenTree Asset Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| California Resources Corp | February 21, 2023 | 2,543,115 | 3.5% |
| Bausch Health Companies Inc. | February 13, 2023 | 19,421,054 | 5.4% |
| NATURAL RESOURCE PARTNERS LP | February 13, 2023 | 543,469 | 4.3% |
| Noble Corp plc | February 13, 2023 | 697,946 | 0.5% |
| Valaris Ltd | February 13, 2023 | 2,117,025 | 2.8% |
| DENBURY INCSold out | February 10, 2022 | 0 | 0.0% |
| Thryv Holdings, Inc. | February 10, 2022 | 798,704 | 2.4% |
| Eagle Bulk Shipping Inc. | October 06, 2021 | 24 | - |
| NATURAL RESOURCE PARTNERS LP | February 11, 2021 | 560,450 | 4.6% |
| OI S.A. - In Judicial Reorganization | July 02, 2020 | 263,157,080 | 4.5% |
View GoldenTree Asset Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2023-05-11 |
| SC 13G | 2023-04-13 |
| SC 13D/A | 2023-02-21 |
| 13F-HR | 2023-02-14 |
| SC 13G/A | 2023-02-13 |
| SC 13G/A | 2023-02-13 |
| SC 13G | 2023-02-13 |
| SC 13G | 2023-02-13 |
| 13F-HR | 2022-11-14 |
| 13F-HR | 2022-08-15 |
View GoldenTree Asset Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.