13F-HR 1 gtam1q07.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2007 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: GoldenTree Asset Management, LP Address: 300 Park Avenue 20th Floor New York, NY 10022 13F File Number: 28-10632 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: George Travers Title: Chief Compliance Officer Phone: 212-847-3459 Signature, Place, and Date of Signing: /s/ George Travers New York, NY May 08, 2007 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 79 Form13F Information Table Value Total: $2,331,038 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ADVANCED MEDICAL OPTICS INC COM 00763M108 1235 33205 SH SOLE 33205 0 0 ALTRIA GROUP INC COM 02209S103 10713 122000 SH SOLE 122000 0 0 AMERICAN AXLE & MFG HLDGS IN COM 024061103 3532 129155 SH SOLE 129155 0 0 AMERICAN INTL GROUP INC COM 026874107 41799 621825 SH SOLE 621825 0 0 AMR CORP COM 001765106 17280 567475 SH SOLE 567475 0 0 ANADARKO PETE CORP COM 032511107 29080 676595 SH SOLE 676595 0 0 ANNALY CAP MGMT INC COM 035710409 52426 3386715 SH SOLE 3386715 0 0 ARROW ELECTRS INC COM 042735100 29411 779095 SH SOLE 779095 0 0 BARR PHARMACEUTICALS INC COM 068306109 2024 43670 SH SOLE 43670 0 0 BAYER A G SPONSORED ADR 072730302 2604 40700 SH SOLE 40700 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 1547 55740 SH SOLE 55740 0 0 CELANESE CORP DEL COM SER A 150870103 43605 1413915 SH SOLE 1413915 0 0 CHEMTURA CORP COM 163893100 44516 4072860 SH SOLE 4072860 0 0 CITRIX SYS INC COM 177376100 46831 1462088 SH SOLE 1462088 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 64228 1822062 SH SOLE 1822062 0 0 COMPANHIA VALE DO RIO DOCE SPONSORED ADR 204412209 45372 1216671 SH SOLE 1216671 0 0 COVENTRY HEALTH CARE INC COM 222862104 28622 510657 SH SOLE 510657 0 0 CROWN HOLDINGS INC COM 228368106 48370 1977515 SH SOLE 1977515 0 0 DAIMLERCHRYSLER AG ORD D1668R123 3240 39600 SH SOLE 39600 0 0 DOMTAR CORP COM 257559104 14925 1603100 SH SOLE 1603100 DR REDDYS LABS LTD ADR 256135203 1693 101030 SH SOLE 101030 0 0 EDISON INTL COM 281020107 7651 155720 SH SOLE 155720 0 0 EXPRESS SCRIPTS INC COM 302182100 25104 311000 SH SOLE 311000 0 0 EXPRESS SCRIPTS INC CALL 302182900 1170 18000 SH CALL SOLE 18000 0 0 FAIRCHILD SEMICONDUCTOR INTL COM 303726103 27496 1644476 SH SOLE 1644476 0 0 FEDERAL NATL MTG ASSN COM 313586109 22667 415304 SH SOLE 415304 0 0 FIRSTENERGY CORP COM 337932107 23854 360110 SH SOLE 360110 0 0 FLORIDA ROCK INDS INC PUT 341140951 14260 356500 SH PUT SOLE 356500 0 0 FLORIDA ROCK INDS INC COM 341140101 23989 356500 SH SOLE 356500 0 0 FOREST OIL CORP COM PAR $0.01 346091705 57410 1720405 SH SOLE 1720405 0 0 FRIEDMAN BILLINGS RAMSEY GRO CL A 358434108 2226 403230 SH SOLE 403230 0 0 GENZYME CORP COM 372917104 40562 676197 SH SOLE 676197 0 0 GILEAD SCIENCES INC COM 375558103 1425 18640 SH SOLE 18640 0 0 GOODYEAR TIRE & RUBR CO COM 382550101 76955 2467292 SH SOLE 2467292 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 20139 210700 SH SOLE 210700 0 0 HORIZON OFFSHORE INC COM NEW 44043J204 3219 222638 SH SOLE 222638 0 0 HUMAN GENOME SCIENCES INC COM 444903108 668 62910 SH SOLE 62910 0 0 ICO GLOBAL COMM HLDGS LTD DE CL A 44930K108 111 28259 SH SOLE 28259 0 0 IDEARC INC COM 451663108 12987 370000 SH SOLE 370000 0 0 LIBERTY GLOBAL INC COM SER C 530555309 52364 1709023 SH SOLE 1709023 0 0 LIBERTY GLOBAL INC COM SER A 530555101 83844 2546133 SH SOLE 2546133 0 0 LORAL SPACE & COMMUNICATNS L COM 543881106 11884 233839 SH SOLE 233839 0 0 LOWES COS INC COM 548661107 24898 790655 SH SOLE 790655 0 0 M D C HLDGS INC COM 552676108 32754 681385 SH SOLE 681385 0 0 MEDAREX INC COM 583916101 424 32740 SH SOLE 32740 0 0 MEDIMMUNE INC COM 584699102 1401 38530 SH SOLE 38530 0 0 MEDTRONIC INC COM 585055106 2805 57175 SH SOLE 57175 0 0 MICROSEMI CORP COM 595137100 44543 2140454 SH SOLE 2140454 0 0 MIRANT CORP NEW COM 60467R100 43667 1079275 SH SOLE 1079275 0 0 MOTOROLA INC COM 620076109 27567 1560130 SH SOLE 1560130 0 0 MSC SOFTWARE CORP COM 553531104 4090 297482 SH SOLE 297482 0 0 NASDAQ 100 TR PUT 631100954 68243 1516500 SH PUT SOLE 1516500 0 0 NATIONAL OILWELL VARCO INC COM 637071101 37149 477560 SH SOLE 477560 0 0 NRG ENERGY INC COM NEW 629377508 35712 495724 SH SOLE 495724 0 0 PACKAGING CORP AMER COM 695156109 5673 232500 SH SOLE 232500 0 0 PPL CORP COM 69351T106 62255 1522115 SH SOLE 1522115 0 0 QUEST DIAGNOSTICS INC COM 74834L100 40228 806667 SH SOLE 806667 0 0 R H DONNELLEY CORP COM NEW 74955W307 114937 1621339 SH SOLE 1621339 0 0 RANGE RES CORP COM 75281A109 51203 1533024 SH SOLE 1533024 0 0 ROCKWOOD HLDGS INC COM 774415103 15809 571141 SH SOLE 571141 0 0 SEPRACOR INC COM 817315104 242 5200 SH SOLE 5200 0 0 SIRIUS SATELLITE RADIO INC COM 82966U103 13431 4217000 SH SOLE 4217000 0 0 SOVEREIGN BANCORP INC COM 845905108 10404 408960 SH SOLE 408960 0 0 SPDR TR PUT 78462F953 204792 1442200 SH PUT SOLE 1442200 0 0 SPRINT NEXTEL CORP CALL 852061900 34200 1520000 SH CALL SOLE 1520000 0 0 TEMPLE INLAND INC COM 879868107 50768 849810 SH SOLE 849810 TIME WARNER CABLE INC CL A 88732J108 13080 349088 SH SOLE 349088 TOLL BROTHERS INC COM 889478103 17918 654430 SH SOLE 654430 TRIAD HOSPITALS INC COM 89579K109 6717 128551 SH SOLE 128551 TRIBUNE CO NEW CALL 896047907 13038 43460 SH CALL SOLE 43460 0 0 UAL CORP COM NEW 902549807 15899 416696 SH SOLE 416696 UNITEDHEALTH GROUP INC CALL 91324P902 75240 1368000 SH CALL SOLE 1368000 0 0 UNITEDHEALTH GROUP INC COM 91324P102 51480 971870 SH SOLE 971870 VALASSIS COMMUNICATIONS INC COM 918866104 919 53450 SH SOLE 53450 WARNER CHILCOTT LIMITED COM CL A G9435N108 63479 4292012 SH SOLE 4292012 WYETH COM 983024100 29590 591451 SH SOLE 591451 WYNDHAM WORLDWIDE CORP COM 98310W108 30819 902457 SH SOLE 902457 XTO ENERGY INC COM 98385X106 14754 269185 SH SOLE 269185 ZENITH NATL INS CORP COM 989390109 27872 589644 SH SOLE 589644