$1.1 Billion is the total value of GoldenTree Asset Management's 33 reported holdings in Q2 2023. The portfolio turnover from Q1 2023 to Q2 2023 was 83.9% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BHC | Buy | BAUSCH HEALTH COS INC | $160,449,824 | +19.8% | 20,056,228 | +21.3% | 14.55% | +16.0% |
| Sell | BAUSCH PLUS LOMB CORP | $116,345,710 | +9.5% | 5,796,996 | -5.0% | 10.55% | +6.0% | |
| MTG | Buy | MGIC INVT CORP WIS | $79,815,655 | +57.9% | 5,054,823 | +34.2% | 7.24% | +52.8% |
| VAL | Sell | VALARIS LIMITEDcl a | $67,329,877 | -4.6% | 1,069,917 | -1.4% | 6.11% | -7.7% |
| SLM | Buy | SLM CORP | $64,064,111 | +57.6% | 3,925,497 | +19.6% | 5.81% | +52.6% |
| UBER | Sell | UBER TECHNOLOGIES INC | $63,494,652 | -35.7% | 1,470,805 | -52.8% | 5.76% | -37.7% |
| AER | New | AERCAP HOLDINGS NV | $57,054,744 | – | 898,217 | +100.0% | 5.18% | – |
| SEAS | Buy | SEAWORLD ENTMT INC | $53,141,112 | +144.7% | 948,779 | +167.9% | 4.82% | +136.9% |
| TFC | New | TRUIST FINL CORP | $52,058,566 | – | 1,715,274 | +100.0% | 4.72% | – |
| GTLS | New | CHART INDS INC | $49,293,457 | – | 308,489 | +100.0% | 4.47% | – |
| VST | New | VISTRA CORP | $43,977,832 | – | 1,675,346 | +100.0% | 3.99% | – |
| VOD | Buy | VODAFONE GROUP PLC NEWsponsored adr | $35,899,359 | -2.9% | 3,798,874 | +13.4% | 3.26% | -6.1% |
| BLDR | Sell | BUILDERS FIRSTSOURCE INC | $28,612,768 | -39.5% | 210,388 | -60.5% | 2.60% | -41.4% |
| NRP | NATURAL RESOURCE PARTNERS L | $28,561,927 | +1.0% | 541,561 | 0.0% | 2.59% | -2.2% | |
| FHN | New | FIRST HORIZON CORPORATION | $27,893,250 | – | 2,475,000 | +100.0% | 2.53% | – |
| Sell | MASTERBRAND INC | $27,822,147 | +27.2% | 2,392,274 | -12.1% | 2.52% | +23.1% | |
| M | New | MACYS INC | $26,957,114 | – | 1,679,571 | +100.0% | 2.44% | – |
| New | KODIAK GAS SVCS INC | $22,411,200 | – | 1,380,000 | +100.0% | 2.03% | – | |
| WFG | Sell | WEST FRASER TIMBER CO LTD | $20,863,592 | -10.9% | 242,715 | -26.2% | 1.89% | -13.8% |
| Buy | ALGOMA STL GROUP INC | $18,404,514 | -6.0% | 2,592,185 | +7.0% | 1.67% | -9.0% | |
| DISH | New | DISH NETWORK CORPORATIONcl a | $18,135,219 | – | 2,751,930 | +100.0% | 1.64% | – |
| LILAK | Buy | LIBERTY LATIN AMERICA LTD | $15,961,154 | +16.9% | 1,851,642 | +12.0% | 1.45% | +13.1% |
| Sell | VICTORIAS SECRET AND CO | $6,479,080 | -66.1% | 371,720 | -33.6% | 0.59% | -67.2% | |
| COIN | New | COINBASE GLOBAL INC | $4,930,296 | – | 68,907 | +100.0% | 0.45% | – |
| ET | Sell | ENERGY TRANSFER L P | $4,335,107 | -8.1% | 341,347 | -9.8% | 0.39% | -11.1% |
| HUT | New | HUT 8 MNG CORP | $2,203,314 | – | 667,671 | +100.0% | 0.20% | – |
| BERKSHIRE GREY INC | $1,882,350 | +2.2% | 1,335,000 | 0.0% | 0.17% | -1.2% | ||
| CLSK | New | CLEANSPARK INC | $1,415,700 | – | 330,000 | +100.0% | 0.13% | – |
| New | CIPHER MINING INC | $1,092,549 | – | 382,010 | +100.0% | 0.10% | – | |
| New | APPLIED DIGITAL CORP | $817,592 | – | 87,443 | +100.0% | 0.07% | – | |
| New | IRIS ENERGY LTDordinary shares | $712,095 | – | 152,810 | +100.0% | 0.06% | – | |
| VOD | Sell | VODAFONE GROUP PLC NEWcall | $82,200 | -38.0% | 7,130,000 | -34.8% | 0.01% | -41.7% |
| BERKSHIRE GREY INC*w exp 07/21/202 | $37,386 | +1.3% | 111,666 | 0.0% | 0.00% | 0.0% | ||
| AMBCWS | Exit | AMBAC FINL GROUP INC*w exp 04/30/202 | $0 | – | -39,906 | -100.0% | 0.00% | – |
| COIN | Exit | COINBASE GLOBAL INCcall | $0 | – | -205,000 | -100.0% | -0.00% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -76,865 | -100.0% | -0.94% | – |
| THC | Exit | TENET HEALTHCARE CORP | $0 | – | -401,584 | -100.0% | -2.24% | – |
| PLAY | Exit | DAVE & BUSTERS ENTMT INC | $0 | – | -658,588 | -100.0% | -2.27% | – |
| PNC | Exit | PNC FINL SVCS GROUP INC | $0 | – | -193,315 | -100.0% | -2.30% | – |
| Exit | SEADRILL 2021 LTD | $0 | – | -830,223 | -100.0% | -3.12% | – | |
| BPOP | Exit | POPULAR INC | $0 | – | -594,669 | -100.0% | -3.20% | – |
| AGNC | Exit | AGNC INVT CORP | $0 | – | -3,392,816 | -100.0% | -3.20% | – |
| CRC | Exit | CALIFORNIA RES CORP | $0 | – | -895,313 | -100.0% | -3.23% | – |
| FOXA | Exit | FOX CORP | $0 | – | -1,305,502 | -100.0% | -4.16% | – |
| PDCE | Exit | PDC ENERGY INC | $0 | – | -1,006,312 | -100.0% | -6.05% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-08-09
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 | 22 | Q2 2023 | 2.6% |
| BAUSCH HEALTH COS INC | 20 | Q2 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% |
| MGIC INVT CORP WIS | 16 | Q2 2023 | 7.2% |
| VISTRA ENERGY CORP | 15 | Q2 2023 | 26.3% |
| FAIRPOINT COMMUNICATIONS INC | 15 | Q2 2017 | 10.2% |
| VODAFONE GROUP PLC NEW | 13 | Q2 2023 | 3.5% |
View GoldenTree Asset Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Seadrill Ltd | April 13, 2023 | 4,441,889 | 5.6% |
| 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% |
View GoldenTree Asset Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2023-08-09 |
| 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 |
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.