GoldenTree Asset Management, founded by Steven Tananbaum in 2000, is an employee-owned global asset management firm specializing in opportunities across the credit universe. As one of the largest independent asset managers focused on credit, GoldenTree manages over $53 billion for institutional investors, including leading public and corporate pensions, endowments, foundations, insurance companies, and sovereign wealth funds.
Steven Andrew Tananbaum is the Chief Investment Officer of GoldenTree Asset Management. He leads the firm's investment team and oversees its executive committee. In 2018, Bloomberg described Tananbaum as "one of Wall Street’s biggest investors in distressed debt." A graduate of Vassar College, Tananbaum had an estimated net worth of approximately $2.28 billion as of April 2023.
GoldenTree Asset Management is a hedge fund managing discretionary assets worth $56,621,903,470, as reported in its Form ADV on March 2024. With 141 clients, the firm's latest 13F filing for Q1 2024 disclosed $1,257,212,306 in managed 13F securities, with a top 10 holdings concentration of 61.54%. GoldenTree's largest holding is Bausch Health Companies, comprising 27,644,959 shares.
| Fund Name: | GoldenTree Asset Management |
| Manager | Steven Tananbaum |
| Portfolio Value | $1,257,212,306 |
| Change This QTR | +1.31% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | BHC | 27,644,959 | $293,313,015 | 23.33% | |||
| 2. | Bausch Plus Lomb Corp | 4,715,829 | $81,583,842 | 6.48% | |||
| 3. | PRKS | 1,278,979 | $71,891,410 | +3% | 5.71% | ||
| 4. | AER | 797,943 | $69,349,226 | -19% | 5.51% | ||
| 5. | CPG | 5,599,515 | $45,825,115 | NEW | 3.64% |
| Symbol | Company | Filed By | Filing Date | Filing |
|---|---|---|---|---|
| 2024-06-18 | ||||
| 2024-02-13 | ||||
| 2024-02-13 | ||||
| 2024-02-13 | ||||
| 2023-12-18 |
