13F-HR 1 acn1q08.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, 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 May 14, 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: 37 Form13F Information Table Value Total: $1,357,424 (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 13020 1139067 SH SOLE 1139067 0 0 AETNA INC NEW COM 00817Y108 19631 466400 SH SOLE 466400 0 0 ANADARKO PETE CORP COM 032511107 85945 1363564 SH SOLE 1363564 0 0 BELO CORP COM SER A 080555105 60200 5695345 SH SOLE 5695345 0 0 BFC FINL CORP CL A 055384200 5808 4800000 SH SOLE 4800000 0 0 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 47946 2237350 SH SOLE 2237350 0 0 CAMERON INTERNATIONAL CORP COM 13342B105 27084 650430 SH SOLE 650430 0 0 CARE INVESTMENT TRUST INC COM 141657106 62876 5959801 SH SOLE 5959801 0 0 CHART INDS INC COM PAR $0.01 16115Q308 6639 196200 SH SOLE 196200 0 0 CHEMTURA CORP COM 163893100 95792 13050621 SH SOLE 13050621 0 0 CITADEL BROADCASTING CORP COM 17285T106 16394 9875727 SH SOLE 9875727 0 0 CITIGROUP INC PUT 172967951 33750 1500000 SH PUT SOLE 1500000 0 0 CLEAR CHANNEL COMMUNICATIONS COM 184502102 41647 1425303 SH SOLE 1425303 0 0 DANA HOLDING CORP COM 235825205 3256 325600 SH SOLE 325600 0 0 FBR CAPITAL MARKETS CORP COM 30247C301 1015 150325 SH SOLE 150325 0 0 GENERAL MTRS CORP SENIOR DEBEN D 370442691 22900 1000000 SH SOLE 1000000 0 0 GRACE W R & CO DEL NEW COM 38388F108 10583 463768 SH SOLE 463768 0 0 HARTE-HANKS INC COM 416196103 82958 6068602 SH SOLE 6068602 0 0 JANUS CAP GROUP INC COM 47102X105 12627 542619 SH SOLE 542619 0 0 LIBERTY GLOBAL INC COM SER C 530555309 167642 5161389 SH SOLE 5161389 0 0 LIBERTY GLOBAL INC COM SER A 530555101 27035 793280 SH SOLE 793280 0 0 LIBERTY MEDIA CORP NEW ENT COM SER A 53071M500 20106 888071 SH SOLE 888071 0 0 LORAL SPACE & COMMUNICATNS L COM 543881106 2635 110509 SH SOLE 110509 0 0 MARSH & MCLENNAN COS INC COM 571748102 18431 756937 SH SOLE 756937 0 0 MCGRAW HILL COS INC COM 580645109 29442 796816 SH SOLE 796816 0 0 MGIC INVT CORP WIS COM 552848103 11756 1116430 SH SOLE 1116430 0 0 MYLAN INC PFD CONV 628530206 41584 48110 SH SOLE 48110 0 0 NRG ENERGY INC COM NEW 629377508 62556 1604406 SH SOLE 1604406 0 0 PROGRESSIVE CORP OHIO COM 743315103 14987 932600 SH SOLE 932600 0 0 R H DONNELLEY CORP COM NEW 74955W307 16299 3221174 SH SOLE 3221174 0 0 SINCLAIR BROADCAST GROUP INC CL A 829226109 32288 3623836 SH SOLE 3623836 0 0 SMITH INTL INC COM 832110100 54031 841209 SH SOLE 841209 0 0 SYBASE INC COM 871130100 38987 1482377 SH SOLE 1482377 0 0 SYNOPSYS INC COM 871607107 67451 2970120 SH SOLE 2970120 0 0 TIME WARNER CABLE INC CL A 88732J108 45393 1817184 SH SOLE 1817184 0 0 VIRGIN MEDIA INC COM 92769L101 38692 2749940 SH SOLE 2749940 0 0 WADDELL & REED FINL INC CL A 930059100 18038 561420 SH SOLE 561420 0 0