13F-HR 1 gtam4q06.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: December 31, 2006 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 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 February 13, 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: 60 Form13F Information Table Value Total: $1,457,491 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMERICAN INTL GROUP INC COM 026874107 17444 243425 SH SOLE 243425 0 0 AMR CORP COM 001765106 17086 565210 SH SOLE 565210 0 0 ANADARKO PETE CORP COM 032511107 27160 624085 SH SOLE 624085 0 0 ANNALY CAP MGMT INC COM 035710409 22576 1623015 SH SOLE 1623015 0 0 ARROW ELECTRS INC COM 042735100 15400 488100 SH SOLE 488100 0 0 CAMERON INTERNATIONAL CORP COM 13342B105 11175 210651 SH SOLE 210651 0 0 CELANESE CORP DEL COM SER A 150870103 36592 1413915 SH SOLE 1413915 0 0 CHEMTURA CORP COM 163893100 40190 4173370 SH SOLE 4173370 0 0 CHENIERE ENERGY INC COM NEW 16411R208 15087 522600 SH SOLE 522600 0 0 CITRIX SYS INC COM 177376100 20183 746145 SH SOLE 746145 0 0 CLEAN HARBORS INC COM 184496107 4784 98818 SH SOLE 98818 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 12406 339700 SH SOLE 339700 0 0 COVENTRY HEALTH CARE INC COM 222862104 37264 744540 SH SOLE 744540 0 0 CROWN HOLDINGS INC COM 228368106 45106 2156135 SH SOLE 2156135 0 0 D R HORTON INC COM 23331A109 9409 355185 SH SOLE 355185 0 0 DAVITA INC COM 23918K108 254 4465 SH SOLE 4465 0 0 EDISON INTL COM 281020107 16533 363520 SH SOLE 363520 0 0 FEDERAL NATL MTG ASSN COM 313586109 22969 386750 SH SOLE 386750 0 0 FIRST MERCURY FINANCIAL CORP COM 320841109 1764 75000 SH SOLE 75000 0 0 FLORIDA ROCK INDS INC PUT 341140951 22260 556500 SH PUT SOLE 556500 0 0 FOREST OIL CORP COM PAR $0.01 346091705 14094 431267 SH SOLE 431267 0 0 GENZYME CORP COM 372917104 11185 181639 SH SOLE 181639 0 0 HANA BIOSCIENCES INC COM 40963P105 273 42915 SH SOLE 42915 0 0 HORIZON OFFSHORE INC COM NEW 44043J204 4838 296838 SH SOLE 296838 0 0 ICO GLOBAL COMM HLDGS LTD DE CL A 44930K108 129 28259 SH SOLE 28259 0 0 IDEARC INC COM 451663108 10601 370000 SH SOLE 370000 0 0 JABIL CIRCUIT INC COM 466313103 50654 2063303 SH SOLE 2063303 0 0 LIBERTY GLOBAL INC COM SER A 530555101 69852 2396280 SH SOLE 2396280 0 0 LIBERTY GLOBAL INC COM SER C 530555309 52105 1860883 SH SOLE 1860883 0 0 LORAL SPACE & COMMUNICATNS L COM 543881106 9522 233839 SH SOLE 233839 0 0 LOWES COS INC COM 548661107 6554 210400 SH SOLE 210400 0 0 M D C HLDGS INC COM 552676108 23842 417915 SH SOLE 417915 0 0 MSC SOFTWARE CORP COM 553531104 1801 118231 SH SOLE 118231 0 0 NASDAQ STOCK MARKET INC PUT 631103958 56078 1274500 SH PUT SOLE 1274500 0 0 NOVELIS INC COM 67000X106 12176 437190 SH SOLE 437190 0 0 NRG ENERGY INC COM NEW 629377508 38676 690524 SH SOLE 690524 0 0 ONEBEACON INSURANCE GROUP LT CL A G67742109 6224 222275 SH SOLE 222275 0 0 PHELPS DODGE CORP COM 717265102 20939 174900 SH SOLE 174900 0 0 PLAINS EXPL& PRODTN CO COM 726505100 23758 499850 SH SOLE 499850 0 0 PORTLAND GEN ELEC CO COM NEW 736508847 18284 670973 SH SOLE 670973 0 0 R H DONNELLEY CORP COM NEW 74955W307 134070 2137260 SH SOLE 2137260 0 0 RANGE RES CORP COM 75281A109 18297 666330 SH SOLE 666330 0 0 ROCKWOOD HLDGS INC COM 774415103 6947 275025 SH SOLE 275025 0 0 SAIC INC COM 78390X101 10320 580081 SH SOLE 580081 0 0 SINCLAIR BROADCAST GROUP INC CL A 829226109 18158 1729311 SH SOLE 1729311 0 0 SONY CORP ADR NEW 835699307 17913 418515 SH SOLE 418515 0 0 SOVEREIGN BANCORP INC COM 845905108 10383 408960 SH SOLE 408960 0 0 SPDR TR PUT 78462F953 227442 1590500 SH PUT SOLE 1590500 0 0 TEMPLE INLAND INC COM 879868107 13067 283890 SH SOLE 283890 0 0 TOLL BROTHERS INC COM 889478103 17297 536685 SH SOLE 536685 TRIAD HOSPITALS INC COM 89579K109 5377 128551 SH SOLE 128551 TRIBUNE CO NEW CALL 896047907 15990 533000 SH CALL SOLE 533000 0 0 TRW AUTOMOTIVE HLDGS CORP COM 87264S106 6982 269907 SH SOLE 269907 UAL CORP COM NEW 902549807 12499 284550 SH SOLE 284550 UNITED THERAPEUTICS CORP DEL COM 91307C102 289 5319 SH SOLE 5319 UNITEDHEALTH GROUP INC COM 91324P102 27281 507745 SH SOLE 507745 WARNER CHILCOTT LIMITED COM CL A G9435N108 37712 2722865 SH SOLE 2722865 WILLIAMS COS INC DEL COM 969457100 33962 1300245 SH SOLE 1300245 WYETH COM 983024100 10330 202860 SH SOLE 202860 ZENITH NATL INS CORP COM 989390109 5948 126800 SH SOLE 126800