13F-HR 1 acn3q08.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: September 30, 2008 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 21st Floor New York, New York 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: 212-847-3549 Signature, Place, and Date of Signing: George Travers New York, NY November 13, 2008 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: 28 Form13F Information Table Value Total: $701,022 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- A H BELO CORP COM CL A 001282102 5763 1116845 SH SOLE 1116845 0 0 BELO CORP COM SER A 080555105 18517 3106861 SH SOLE 3106861 0 0 BFC FINL CORP CL A 055384200 2640 4800000 SH SOLE 4800000 0 0 CABOT OIL & GAS CORP COM 127097103 28643 792560 SH SOLE 792560 0 0 CARE INVESTMENT TRUST INC COM 141657106 68419 5959801 SH SOLE 5959801 0 0 CBS CORP NEW CALL 124857903 25998 1733200 SH CALL SOLE 1733200 0 0 CHEMTURA CORP COM 163893100 41073 9007228 SH SOLE 9007228 0 0 CITADEL BROADCASTING CORP COM 17285T106 3661 4693236 SH SOLE 4693236 0 0 GENERAL MTRS CORP SENIOR DEBEN D 370442691 20200 1000000 SH SOLE 1000000 0 0 GOOGLE INC CL A 38259P508 9006 22486 SH SOLE 22486 0 0 GRACE W R & CO DEL NEW COM 38388F108 1524 100825 SH SOLE 100825 0 0 HARTE-HANKS INC COM 416196103 25719 2480164 SH SOLE 2480164 0 0 LEAP WIRELESS INTL INC COM NEW 521863308 15070 395545 SH SOLE 395545 0 0 LENDER PROCESSING SVCS INC COM 52602E102 11133 364770 SH SOLE 364770 0 0 LIBERTY GLOBAL INC COM SER C 530555309 82052 2921050 SH SOLE 2921050 0 0 LIBERTY GLOBAL INC COM SER A 530555101 22821 753152 SH SOLE 753152 0 0 MYLAN INC PFD CONV 628530206 39984 50935 SH SOLE 50935 0 0 NRG ENERGY INC COM NEW 629377508 50975 2059594 SH SOLE 2059594 0 0 PROSHARES TR REAL EST PRO 74347R552 34707 453985 SH SOLE 453985 0 0 REINSURANCE GROUP AMER INC CL B 759351505 31261 659100 SH SOLE 659100 0 0 SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 8059 222569 SH SOLE 222569 0 0 SINCLAIR BROADCAST GROUP INC CL A 829226109 8977 1781170 SH SOLE 1781170 0 0 SMITH INTL INC COM 832110100 11485 195856 SH SOLE 195856 0 0 TIME WARNER INC COM 887317105 40079 3057126 SH SOLE 3057126 0 0 TREE COM INC COM 894675107 225 46779 SH SOLE 46779 0 0 UNUM GROUP PUT 91529Y956 11250 500000 SH PUT SOLE 500000 0 0 VIACOM INC NEW CL B 92553P201 53936 2171338 SH SOLE 2171338 0 0 WILLIAMS COS INC DEL COM 969457100 27845 1177379 SH SOLE 1177379 0 0