$1.2 Billion is the total value of GoldenTree Asset Management's 41 reported holdings in Q2 2024. The portfolio turnover from Q1 2024 to Q2 2024 was 54.1% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BHC | Sell | BAUSCH HEALTH COS INC | $156,386,085 | -46.7% | 22,437,028 | -18.8% | 12.98% | -44.4% |
| SEAS | Buy | UNITED PARKS & RESORTS INC | $89,103,702 | +23.9% | 1,640,650 | +28.3% | 7.40% | +29.3% |
| CCL | Buy | CARNIVAL CORPunit 99/99/9999 | $83,097,874 | +160.4% | 4,438,989 | +127.3% | 6.90% | +171.6% |
| Buy | BAUSCH PLUS LOMB CORP | $74,068,408 | -9.2% | 5,101,130 | +8.2% | 6.15% | -5.3% | |
| MGM | Buy | MGM RESORTS INTERNATIONAL | $71,521,780 | +100.2% | 1,609,401 | +112.7% | 5.94% | +108.9% |
| New | VEREN INC | $55,946,233 | – | 7,096,720 | +100.0% | 4.64% | – | |
| AER | Sell | AERCAP HOLDINGS NV | $41,940,000 | -39.5% | 450,000 | -43.6% | 3.48% | -36.9% |
| UBER | Buy | UBER TECHNOLOGIES INC | $41,526,808 | +25.3% | 571,365 | +32.7% | 3.45% | +30.7% |
| TEVA | Buy | TEVA PHARMACEUTICAL INDS LTDsponsored ads | $40,391,813 | +39.1% | 2,485,650 | +20.7% | 3.35% | +45.1% |
| TWLO | Buy | TWILIO INCcl a | $39,963,392 | +25.9% | 703,457 | +35.5% | 3.32% | +31.4% |
| BECN | New | BEACON ROOFING SUPPLY INC | $39,409,130 | – | 435,460 | +100.0% | 3.27% | – |
| SLM | Buy | SLM CORP | $36,783,144 | +36.9% | 1,769,271 | +43.5% | 3.05% | +42.9% |
| UHS | Buy | UNIVERSAL HLTH SVCS INCcl b | $36,065,788 | +68.7% | 195,024 | +66.5% | 2.99% | +76.1% |
| BKLN | New | INVESCO EXCH TRADED FD TR IIsr ln etf | $31,349,600 | – | 1,490,000 | +100.0% | 2.60% | – |
| GM | Sell | GENERAL MTRS CO | $30,390,415 | -10.2% | 654,120 | -12.3% | 2.52% | -6.3% |
| WBA | New | WALGREENS BOOTS ALLIANCE INC | $29,425,127 | – | 2,432,834 | +100.0% | 2.44% | – |
| VOD | Sell | VODAFONE GROUP PLC NEWsponsored adr | $28,582,236 | -30.2% | 3,222,349 | -30.0% | 2.37% | -27.1% |
| NMIH | Buy | NMI HLDGS INC | $27,365,028 | +21.1% | 803,908 | +15.0% | 2.27% | +26.3% |
| New | VIKING HOLDINGS LTD | $25,953,884 | – | 764,699 | +100.0% | 2.15% | – | |
| Buy | LIBERTY MEDIA CORP DELdeb 4.000%11/1 | $25,748,800 | -3.8% | 75,001,000 | +15.4% | 2.14% | +0.3% | |
| New | WAYSTAR HLDG CORP | $22,128,638 | – | 1,029,239 | +100.0% | 1.84% | – | |
| LIBERTY MEDIA CORP DELdeb 3.750% 2/1 | $21,519,314 | -15.0% | 62,881,000 | 0.0% | 1.79% | -11.3% | ||
| LILAK | LIBERTY LATIN AMERICA LTD | $21,219,046 | +37.6% | 2,205,722 | 0.0% | 1.76% | +43.6% | |
| DXJ | New | WISDOMTREE TRjapn hedge eqt | $20,485,066 | – | 181,573 | +100.0% | 1.70% | – |
| Sell | AMERICAN HEALTHCARE REIT INC | $18,993,000 | -14.2% | 1,300,000 | -13.3% | 1.58% | -10.5% | |
| ALGOMA STL GROUP INC | $17,355,094 | -18.0% | 2,493,548 | 0.0% | 1.44% | -14.5% | ||
| SATS | Sell | ECHOSTAR CORPcl a | $15,406,541 | -56.8% | 865,050 | -65.5% | 1.28% | -55.0% |
| GROUPON INCnote 1.125% 3/1 | $15,065,262 | +8.0% | 17,715,000 | 0.0% | 1.25% | +12.7% | ||
| NRP | Sell | NATURAL RESOURCE PARTNERS L | $11,276,084 | -70.1% | 125,793 | -69.3% | 0.94% | -68.8% |
| AGO | New | ASSURED GUARANTY LTD | $10,588,992 | – | 137,252 | +100.0% | 0.88% | – |
| ET | Buy | ENERGY TRANSFER L P | $4,565,638 | +44.2% | 281,482 | +39.8% | 0.38% | +50.4% |
| MPW | Sell | MEDICAL PPTYS TRUST INC | $4,291,932 | -73.1% | 995,808 | -70.7% | 0.36% | -72.0% |
| New | CORE SCIENTIFIC INC NEW | $3,916,853 | – | 421,167 | +100.0% | 0.32% | – | |
| New | ROBINHOOD MKTS INC | $3,466,023 | – | 152,621 | +100.0% | 0.29% | – | |
| COIN | New | COINBASE GLOBAL INC | $3,282,559 | – | 14,771 | +100.0% | 0.27% | – |
| Buy | IRIS ENERGY LTDordinary shares | $1,676,305 | +167.7% | 148,477 | +28.1% | 0.14% | +178.0% | |
| DISH NETWORK CORPORATIONnote 3.375% 8/1 | $1,240,320 | -0.4% | 2,000,000 | 0.0% | 0.10% | +4.0% | ||
| LIBERTY LATIN AMERICA LTDnote 2.000% 7/1 | $971,208 | +2.8% | 1,050,000 | 0.0% | 0.08% | +8.0% | ||
| New | HUT 8 CORP | $950,366 | – | 63,400 | +100.0% | 0.08% | – | |
| BITDEER TECHNOLOGIES GROUP | $860,301 | +46.2% | 83,850 | 0.0% | 0.07% | +51.1% | ||
| Buy | TERAWULF INC | $658,845 | +70.8% | 148,055 | +0.9% | 0.06% | +77.4% | |
| VOD | Exit | VODAFONE GROUP PLC NEWcall | $0 | – | -8,250,000 | -100.0% | -0.01% | – |
| CLSK | Exit | CLEANSPARK INC | $0 | – | -48,457 | -100.0% | -0.08% | – |
| BERY | Exit | BERRY GLOBAL GROUP INC | $0 | – | -405,482 | -100.0% | -1.95% | – |
| THC | Exit | TENET HEALTHCARE CORP | $0 | – | -248,519 | -100.0% | -2.08% | – |
| COF | Exit | CAPITAL ONE FINL CORP | $0 | – | -229,559 | -100.0% | -2.72% | – |
| T | Exit | AT&T INC | $0 | – | -2,187,033 | -100.0% | -3.06% | – |
| BLDR | Exit | BUILDERS FIRSTSOURCE INC | $0 | – | -203,996 | -100.0% | -3.38% | – |
| CPG | Exit | CRESCENT PT ENERGY CORP | $0 | – | -5,599,515 | -100.0% | -3.64% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2024-08-14
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 |
|---|---|---|---|
| NATURAL RESOURCE PARTNERS L | 26 | Q2 2024 | 5.0% |
| BAUSCH HEALTH COS INC | 24 | Q2 2024 | 32.0% |
| HUNTSMAN CORP | 22 | Q4 2019 | 7.9% |
| DELTA AIR LINES INC DEL | 19 | Q4 2017 | 11.9% |
| AMBAC FINL GROUP INC | 19 | Q1 2023 | 0.1% |
| MGIC INVT CORP WIS | 18 | Q4 2023 | 7.2% |
| LIBERTY LATIN AMERICA LTD | 17 | Q2 2024 | 4.1% |
| VISTRA ENERGY CORP | 16 | Q3 2023 | 26.3% |
| EAGLE BULK SHIPPING INC | 16 | Q2 2020 | 9.6% |
| SLM CORP | 16 | Q2 2024 | 6.2% |
View GoldenTree Asset Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Mallinckrodt plc | June 18, 2024 | 3,294,035 | 16.7% |
| Bausch Health Companies Inc. | February 13, 2024 | 27,644,959 | 7.6% |
| EchoStar CORP | February 13, 2024 | 3,092,277 | 2.2% |
| Seadrill LtdSold out | February 13, 2024 | 0 | 0.0% |
| California Resources Corp | February 21, 2023 | 2,543,115 | 3.5% |
| 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% |
View GoldenTree Asset Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| N-PX | 2024-08-27 |
| 13F-HR | 2024-08-14 |
| 4 | 2024-07-10 |
| 4 | 2024-06-18 |
| SC 13G/A | 2024-06-18 |
| 4 | 2024-05-29 |
| 13F-HR | 2024-05-28 |
| 4 | 2024-05-13 |
| 4 | 2024-03-12 |
| 4 | 2024-02-20 |
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.