Goldentree Asset Management LP

Name: GOLDENTREE ASSET MANAGEMENT LP 13F holdings, Q4 2024
Creator: GOLDENTREE ASSET MANAGEMENT LP
Published: 2025-02-14

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Goldentree Asset Management LP reported 25 stock positions worth $1.2 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 25.7% of the portfolio, followed by Bausch Health Cos (BHC, 17.7%) and Owens Corning (OC, 7.4%). Compared with Q3 2024, it opened 6 new positions, sold out of 9, added to 7 and reduced 8. The biggest buy was a new position in iShares Core S&P 500 ETF (IVV) and the biggest sale an exit from MGM Resorts International (MGM).

Most Recent 13F: Q2 2026
Location: NEW YORK, NY
CIK: 0001278951
Portfolio Value: $1.2B (Q4 2024)
SEC Filing: 0001085146-25-001474 ↗ filed Feb 14, 2025

Holdings Value

Holdings 25 stocks · $1.2B


IVV iShares Core S&P 500 ETF	25.67%	545,000	$320.9M	New
BHC Bausch Health Cos Inc.	17.74%	27,540,075	$221.7M	Reduce -6.3%
OC Owens Corning	7.40%	544,024	$92.5M	Add +120.0%
BXP BXP Inc.	4.60%	774,751	$57.5M	New
TDW Tidewater Inc.	3.71%	849,507	$46.4M	New
PRKS United Parks & Resorts Inc.	3.61%	804,795	$45.2M	Reduce -43.4%
TEVA Teva Pharmaceutical-SP ADR	3.46%	1,965,274	$43.2M	Reduce -14.7%
UBER Uber Technologies Inc.	2.81%	582,898	$35.1M	Reduce -11.6%
AER Aercap Holdings NV	2.73%	356,352	$34.1M	No change
BYD Boyd Gaming Corp.	2.65%	456,115	$33.1M	Add +156.6%
BLCO Bausch + Lomb Corp.	2.50%	1,732,197	$31.2M	Reduce -48.4%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC	2.45%	833,330	$30.6M	Add +68.3%
CZR Caesars Entertainment Inc.	2.40%	899,469	$30.1M	Add +48.5%
BECN Beacon Roofing Supply Inc.	2.39%	294,554	$29.9M	Add +0.8%
VOD Vodafone Group PLC-SP ADR	2.10%	3,089,576	$26.2M	Reduce -5.9%
NCLH Norwegian Cruise Line Holdin	1.99%	970,329	$24.9M	New
ASTL Algoma Steel Group Inc.	1.95%	2,493,548	$24.4M	No change
ARDT Ardent Health Inc.	1.84%	1,348,611	$23.0M	Add +8.0%
FWRD Forward Air Corp.	1.84%	712,667	$22.9M	Add +76.4%
SLM SLM Corp.	1.72%	778,883	$21.4M	Reduce -50.6%
QDEL Quidelortho Corp.	1.71%	481,776	$21.4M	New
LILAK Liberty Latin Americ Class C	1.12%	2,205,722	$14.0M	No change
AMCX AMC Global Media Inc. filed as AMC NETWORKS INC	0.64%	819,304	$8.1M	New
NRP Natural Resource Partners LP	0.57%	63,842	$7.1M	Reduce -47.3%
ECHO Echostar Corp. Class A	0.40%	216,957	$5.0M	No change

Options reported separately and not counted above: VOD calls ($101K).

Other holdings (2): bonds, preferreds, convertibles and warrants · $51.8M (not counted above)

Security	Class	Shares / Principal	Value	Change
LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30)	DEB 3.750% 2/1 · principal	92,401,000	$26.9M	Add +19.8%
LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29)	DEB 4.000%11/1 · principal	79,530,000	$24.9M	Add +5.2%

Total filed on the 13F, all lines: $1.3B.

Portfolio Sells Q3 2024 → Q4 2024


MGM MGM Resorts International	Sold out	0.00%	−9.92
CCL Carnival Corp.	Sold out	0.00%	−8.04
TWLO Twilio Inc. Class A	Sold out	0.00%	−4.39
VIK Viking Holdings Ltd.	Sold out	0.00%	−3.45
BLCO Bausch + Lomb Corp.	Reduce -48.4%	2.50%	−2.96
BHC Bausch Health Cos Inc.	Reduce -6.3%	17.74%	−2.51
PRKS United Parks & Resorts Inc.	Reduce -43.4%	3.61%	−2.47
BERY Berry Global Group Inc.	Sold out	0.00%	−2.05
PYPL PayPal Holdings Inc.	Sold out	0.00%	−1.76
UBER Uber Technologies Inc.	Reduce -11.6%	2.81%	−1.38
SLM SLM Corp.	Reduce -50.6%	1.72%	−1.33
WAY Waystar Holding Corp.	Sold out	0.00%	−1.12
VST Vistra Corp.	Sold out	0.00%	−1.04
AHR American Healthcare REIT Inc.	Sold out	0.00%	−0.91
VOD Vodafone Group PLC-SP ADR	Reduce -5.9%	2.10%	−0.68
NRP Natural Resource Partners LP	Reduce -47.3%	0.57%	−0.44
TEVA Teva Pharmaceutical-SP ADR	Reduce -14.7%	3.46%	−0.05

Portfolio Buys Q3 2024 → Q4 2024


IVV iShares Core S&P 500 ETF	New	25.67%	+25.67
BXP BXP Inc.	New	4.60%	+4.60
OC Owens Corning	Add +120.0%	7.40%	+3.72
TDW Tidewater Inc.	New	3.71%	+3.71
NCLH Norwegian Cruise Line Holdin	New	1.99%	+1.99
QDEL Quidelortho Corp.	New	1.71%	+1.71
BYD Boyd Gaming Corp.	Add +156.6%	2.65%	+1.68
NMIH Nmi Holdings Inc.	Add +68.3%	2.45%	+0.73
AMCX AMC Global Media Inc.	New	0.64%	+0.64
FWRD Forward Air Corp.	Add +76.4%	1.84%	+0.63
CZR Caesars Entertainment Inc.	Add +48.5%	2.40%	+0.27
BECN Beacon Roofing Supply Inc.	Add +0.8%	2.39%	+0.26
ARDT Ardent Health Inc.	Add +8.0%	1.84%	−0.10

Options Activity Q3 2024 → Q4 2024


VOD Vodafone Group PLC-SP ADR	call	New	11,600,000	$101K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q3 2024 → Q4 2024


LIBERTY INTERACTIVE LLC (LINTA 3.75 02/15/30)	DEB 3.750% 2/1 · principal	Add +19.8%	92,401,000	$26.9M
LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29)	DEB 4.000%11/1 · principal	Add +5.2%	79,530,000	$24.9M
GROUPON INC (GRPN 1.125 03/15/26)	NOTE 1.125% 3/1 · principal	Sold out	15,715,000	$14.0Mbefore exit
DISH NETWORK CORP (DISH 3.375 08/15/26)	NOTE 3.375% 8/1 · principal	Sold out	2,000,000	$1.6Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	29	$1.7B	CMCSA, BHC, WAY, CHTR, CBRE
Q1 2026	27	$1.7B	BHC, CMCSA, MGM, WAY, CBRE
Q4 2025	27	$1.8B	IVV, BHC, CMCSA, MGM, NCLH
Q3 2025Amended	23	$1.2B	BHC, JAZZ, MGM, NCLH, PRKS
Q2 2025	25	$1.0B	BHC, MGM, NCLH, PRKS, VSXY
Q1 2025	31	$1.2B	BHC, MGM, BXP, OC, WBD
Q4 2024	25	$1.2B	IVV, BHC, OC, BXP, TDW
Q3 2024	28	$1.2B	BHC, MGM, CCL, PRKS, BLCO
Q2 2024	36	$1.1B	BHC, PRKS, CCL, BLCO, MGM
Q1 2024	31	$1.2B	BHC, BLCO, PRKS, AER, CRESCENT PT ENERGY CORP