13F-HR 1 gtam2q06.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: June 30, 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: George Travers Title: Chief Compliance Officer Phone: 212-847-3459 Signature, Place, and Date of Signing: /s/ George Travers New York, NY August 11, 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: 53 Form13F Information Table Value Total: $1,504,531 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AETNA INC NEW COM 00817Y108 31824 797000 SH SOLE 797000 0 0 AMERICAN EXPRESS CO COM 025816109 14369 270000 SH SOLE 270000 0 0 AMERICAN INTL GROUP INC COM 026874107 34763 588700 SH SOLE 588700 0 0 AMR CORP COM 001765106 13218 520000 SH SOLE 520000 0 0 ANNALY MTG MGMT INC COM 035710409 10133 791000 SH SOLE 791000 0 0 AQUILA INC COM 03840P102 17946 4262600 SH SOLE 4262600 0 0 ARROW ELECTRS INC COM 042735100 9493 294800 SH SOLE 294800 0 0 CAREMARK RX INC COM 141705103 21743 436000 SH SOLE 436000 0 0 CBS CORP NEW CL B 124857202 49490 1829573 SH SOLE 1829573 0 0 CEMEX S A SPON ADR 5 ORD 151290889 27859 486400 SH SOLE 486400 0 0 CENDANT CORP COM 151313103 66135 4059852 SH SOLE 4059852 0 0 CHEMTURA CORP COM 163893100 30195 3232900 SH SOLE 3232900 0 0 CLEAR CHANNEL COMMUNICATIONS COM 184502102 42993 1389120 SH SOLE 1389120 0 0 CONOCOPHILLIPS COM 20825C104 45131 688700 SH SOLE 688700 0 0 CROWN HOLDINGS INC COM 228368106 59164 3799900 SH SOLE 3799900 0 0 D R HORTON INC COM 23331A109 16998 713600 SH SOLE 713600 0 0 DRESSER-RAND GROUP INC COM 261608103 11524 490800 SH SOLE 490800 0 0 FEDERAL NATL MTG ASSN COM 313586109 30554 635210 SH SOLE 635210 0 0 FREESCALE SEMICONDUCTOR INC COM CL A 35687M107 51458 1774400 SH SOLE 1774400 0 0 GENCORP INC COM 368682100 2347 146400 SH SOLE 146400 0 0 GENERAL MTRS CORP DEB SR CONV B 370442733 34159 1846440 SH SOLE 1846440 0 0 HELIX ENERGY SOLUTIONS GRP I COM 42330P107 7766 205000 SH SOLE 205000 0 0 HUNTSMAN CORP COM 447011107 22073 1274400 SH SOLE 1274400 0 0 LENNAR CORP CL A 526057104 17229 388300 SH SOLE 388300 0 0 LENNAR CORP CL B 526057302 1693 41500 SH SOLE 41500 0 0 LIBERTY GLOBAL INC COM SER A 530555101 121998 5696825 SH SOLE 5696825 0 0 LIBERTY MEDIA HLDG CORP INT COM SER A 53071M104 13290 771122 SH SOLE 771122 0 0 LORAL SPACE & COMMUNICATNS L COM 543881106 10103 354865 SH SOLE 354865 0 0 M D C HLDGS INC COM 552676108 18866 363300 SH SOLE 363300 0 0 MASTERCARD INC COM 57636Q104 15173 316100 SH SOLE 316100 0 0 MIRANT CORP NEW COM 60467R100 13145 490494 SH SOLE 490494 0 0 NOVELIS INC COM 67000X106 9180 425400 SH SOLE 425400 0 0 NRG ENERGY INC COM NEW 629377508 39301 815714 SH SOLE 815714 0 0 NTL INC DEL COM 62941W101 76634 3077655 SH SOLE 3077655 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 44784 436700 SH SOLE 436700 0 0 PHELPS DODGE CORP COM 717265102 38681 470800 SH SOLE 470800 0 0 PORTLAND GEN ELEC CO COM NEW 736508847 16692 668471 SH SOLE 668471 0 0 PULTE HOMES INC COM 745867101 14397 500070 SH SOLE 500070 0 0 R H DONNELLEY CORP COM NEW 74955W307 32999 610300 SH SOLE 610300 0 0 RADIO ONE INC CL D NON VTG 75040P405 1365 184400 SH SOLE 184400 0 0 RTI INTL METALS INC COM 74973W107 7326 131200 SH SOLE 131200 0 0 SCHOLASTIC CORP COM 807066105 4371 168100 SH SOLE 168100 0 0 SEAGATE TECHNOLOGY SHS G7945J104 84900 3750000 SH SOLE 3750000 0 0 SINCLAIR BROADCAST GROUP INC CL A 829226109 31193 3644038 SH SOLE 3644038 0 0 SPRINT NEXTEL CORP COM FON 852061100 14375 719111 SH SOLE 719111 0 0 TEMPLE INLAND INC COM 879868107 7931 185000 SH SOLE 185000 0 0 TIME WARNER INC COM 887317105 77321 4469415 SH SOLE 4469415 0 0 TIME WARNER TELECOM INC CALL 887319901 660 44000 SH CALL SOLE 44000 0 0 TOLL BROTHERS INC COM 889478103 15726 615000 SH SOLE 615000 0 0 UNITEDHEALTH GROUP INC COM 91324P102 14330 320000 SH SOLE 320000 0 0 WHITING PETE CORP NEW COM 966387102 18507 442000 SH SOLE 442000 0 0 WILLIAMS COS INC DEL COM 969457100 60925 2608100 SH SOLE 2608100 0 0 ZIMMER HLDGS INC COM 98956P102 30101 530700 SH SOLE 530700 0 0