13F-HR 1 acn2q08.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, 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 August 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: 39 Form13F Information Table Value Total: $1,181,463 (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 6366 1116845 SH SOLE 1116845 0 0 AETNA INC NEW COM 00817Y108 32409 799632 SH SOLE 799632 0 0 AMERICAN EXPRESS CO COM 025816109 14737 391200 SH SOLE 391200 0 0 ANADARKO PETE CORP COM 032511107 29840 398719 SH SOLE 398719 0 0 BELO CORP COM SER A 080555105 37233 5093489 SH SOLE 5093489 0 0 BFC FINL CORP CL A 055384200 3600 4800000 SH SOLE 4800000 0 0 BRISTOW GROUP INC COM 110394103 6862 137350 SH SOLE 137350 0 0 CALPINE CORP COM NEW 131347304 7242 321000 SH SOLE 321000 0 0 CARE INVESTMENT TRUST INC COM 141657106 56201 5959801 SH SOLE 5959801 0 0 CBS CORP NEW CALL 124857903 27800 1390000 SH CALL SOLE 1390000 0 0 CHEMTURA CORP COM 163893100 50069 8573402 SH SOLE 8573402 0 0 CHESAPEAKE ENERGY CORP COM 165167107 30358 460246 SH SOLE 460246 0 0 CITADEL BROADCASTING CORP COM 17285T106 10945 8971420 SH SOLE 8971420 0 0 DANA HOLDING CORP COM 235825205 1742 325600 SH SOLE 325600 0 0 EASTMAN KODAK CO COM 277461109 2549 176677 SH SOLE 176677 0 0 FBR CAPITAL MARKETS CORP COM 30247C301 756 150325 SH SOLE 150325 0 0 GENERAL MTRS CORP SENIOR DEBEN D 370442691 21520 1000000 SH SOLE 1000000 0 0 GOOGLE INC CL A 38259P508 27034 51355 SH SOLE 51355 0 0 HARTE-HANKS INC COM 416196103 77799 6794709 SH SOLE 6794709 0 0 ISHARES TR RUSSELL 2000 464287655 91350 1305000 SH PUT SOLE 1305000 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 25381 364515 SH SOLE 364515 0 0 LIBERTY GLOBAL INC COM SER A 530555101 31265 994760 SH SOLE 994760 0 0 LIBERTY GLOBAL INC COM SER C 530555309 120589 3971960 SH SOLE 3971960 0 0 MACROVISION SOLUTIONS CORP COM 55611C108 9446 631428 SH SOLE 631428 0 0 MARSH & MCLENNAN COS INC COM 571748102 27835 1048387 SH SOLE 1048387 0 0 MYLAN INC PFD CONV 628530206 44799 50935 SH SOLE 50935 0 0 NRG ENERGY INC COM NEW 629377508 56144 1308716 SH SOLE 1308716 0 0 PACKAGING CORP AMER COM 695156109 1298 60350 SH SOLE 60350 0 0 PIONEER NAT RES CO COM 723787107 53280 680635 SH SOLE 680635 0 0 PROGRESSIVE CORP OHIO COM 743315103 17499 934800 SH SOLE 934800 0 0 SCRIPPS E W CO OHIO CL A 811054204 5265 126741 SH SOLE 126741 0 0 SINCLAIR BROADCAST GROUP INC CL A 829226109 24543 3229308 SH SOLE 3229308 0 0 SMITH INTL INC COM 832110100 34141 410649 SH SOLE 410649 0 0 SPDR TR PUT 78462F953 61685 474500 SH PUT SOLE 474500 0 0 SYNOPSYS INC COM 871607107 37836 1582446 SH SOLE 1582446 0 0 TEMPLE INLAND INC COM 879868107 1573 139585 SH SOLE 139585 0 0 TIME WARNER INC COM 887317105 57522 3886610 SH SOLE 3886610 0 0 UNUM GROUP PUT 91529Y956 11250 500000 SH PUT SOLE 500000 0 0 VIACOM INC NEW CALL 92553P902 23700 790000 SH CALL SOLE 790000 0 0