13F-HR 1 gtam1q06.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, 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 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: Barry Ritholz Title: General Counsel Phone: 212-847-3420 Signature, Place, and Date of Signing: /s/ Barry Ritholz New York, NY May 05, 2006 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: 50 Form13F Information Table Value Total: $1,209,347 (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 10112 153000 SH SOLE 153000 0 0 ANADARKO PETE CORP COM 032511107 59859 592600 SH SOLE 592600 0 0 AQUILA INC COM 03840P102 11693 2930500 SH SOLE 2930500 0 0 BLACK & DECKER CORP COM 091797100 10861 125000 SH SOLE 125000 0 0 CBS CORP NEW CL B 124857202 69467 2896858 SH SOLE 2896858 0 0 CENDANT CORP COM 151313103 37737 2175052 SH SOLE 2175052 0 0 CHEVRON CORP NEW COM 166764100 5727 98800 SH SOLE 98800 0 0 CLEAR CHANNEL COMMUNICATIONS COM 184502102 55002 1895960 SH SOLE 1895960 0 0 COMCAST CORP NEW CL A 20030N101 22800 869400 SH SOLE 869400 0 0 COUNTRYWIDE FINANCIAL CORP COM 222372104 12328 335900 SH SOLE 335900 0 0 D R HORTON INC COM 23331A109 18291 550600 SH SOLE 550600 0 0 FEDERAL NATL MTG ASSN COM 313586109 43454 845410 SH SOLE 845410 0 0 FIRST DATA CORP COM 319963104 14163 302500 SH SOLE 302500 0 0 GENERAL MTRS CORP DEB SR CONV B 370442733 35768 2202440 SH SOLE 2202440 0 0 GOLD KIST INC COM 380614107 3109 246000 SH SOLE 246000 0 0 HUNTSMAN CORP PFD MND CV 5% 447011206 7417 173000 SH SOLE 173000 0 0 HUNTSMAN CORP COM 447011107 15834 820440 SH SOLE 820440 0 0 JP MORGAN CHASE & CO COM 46625H100 11118 267000 SH SOLE 267000 0 0 LENNAR CORP CL A 526057104 19358 320600 SH SOLE 320600 0 0 LIBERTY GLOBAL INC COM SER A 530555101 98381 4806100 SH SOLE 4806100 0 0 LIBERTY GLOBAL INC COM SER C 530555309 31037 1574681 SH SOLE 1574681 0 0 LIBERTY MEDIA CORP NEW COM SER A 530718105 24104 2935900 SH SOLE 2935900 0 0 LORAL SPACE & COMMUNICATNS L COM 543881106 10084 351988 SH SOLE 351988 0 0 LOUISIANA PAC CORP COM 546347105 17197 632237 SH SOLE 632237 0 0 M D C HLDGS INC COM 552676108 26245 408100 SH SOLE 408100 0 0 MIRANT CORP NEW COM 60467R100 28342 1133694 SH SOLE 1133694 0 0 NOVELIS INC COM 67000X106 22469 1092300 SH SOLE 1092300 0 0 NRG ENERGY INC COM NEW 629377508 11726 259300 SH SOLE 259300 0 0 NTL INC NEW COM 62941W101 50551 1744041 SH SOLE 1744041 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 29935 323100 SH SOLE 323100 0 0 ORACLE CORP COM 68389X105 9651 705000 SH SOLE 705000 0 0 PHELPS DODGE CORP COM 717265102 22838 283600 SH SOLE 283600 0 0 RADIO ONE INC CL D NON VTG 75040P405 9852 1320700 SH SOLE 1320700 0 0 RTI INTL METALS INC COM 74973W107 1865 34000 SH SOLE 34000 0 0 SCHNITZER STL INDS CL A 806882106 4099 95650 SH SOLE 95650 0 0 SINCLAIR BROADCAST GROUP INC CL A 829226109 20300 2490738 SH SOLE 2490738 0 0 SOVEREIGN BANCORP INC COM 845905108 16060 733000 SH SOLE 733000 0 0 SPRINT NEXTEL CORP COM FON 852061100 65638 2540161 SH SOLE 2540161 0 0 STREETTRACKS GOLD TR GOLD SHS 863307104 2731 47000 SH SOLE 47000 0 0 TIME WARNER INC COM 887317105 79246 4719863 SH SOLE 4719863 0 0 TOLL BROTHERS INC COM 889478103 12276 354500 SH SOLE 354500 0 0 TRANSDIGM GROUP INC COM 893641100 3219 125000 SH SOLE 125000 0 0 TYCO INTL LTD NEW COM 902124106 12983 483000 SH SOLE 483000 0 0 UAL CORP COM NEW 902549807 995 25000 SH SOLE 25000 0 0 UNITED STATES STL CORP NEW COM 912909108 9211 151800 SH SOLE 151800 0 0 VALERO ENERGY CORP NEW COM 91913Y100 25825 432000 SH SOLE 432000 0 0 VIACOM INC NEW CL B 92553P201 20758 535000 SH SOLE 535000 0 0 VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 10681 511000 SH SOLE 511000 0 0 WHITING PETE CORP NEW COM 966387102 14842 362100 SH SOLE 362100 0 0 WILLIAMS COS INC DEL COM 969457100 52108 2436100 SH SOLE 2436100 0 0