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GAM
Goldentree Asset Management Portfolio holdings
AUM
$1.69B
1-Year Est. Return
10.69%
This Fund
S&P 500
This Quarter
Est. Return
+9.94%
1 Year Est. Return
+10.69%
3 Year Est. Return
+41.12%
5 Year Est. Return
+102.8%
10 Year Est. Return
+125.11%
AUM
$1.07B
AUM Growth
-$179M
(-14%)
Cap. Flow
-$177M
Cap. Flow
% of AUM
-16.59%
Top 10 Holdings %
Top 10 Hldgs %
65.03%
Holding
40
New
12
Increased
4
Reduced
10
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PDCE
PDC Energy, Inc.
PDCE
|
+$65.1M |
| 2 |
MGIC Investment
MTG
|
+$50.7M |
| 3 |
SLM Corp
SLM
|
+$48.4M |
| 4 |
Popular Inc
BPOP
|
+$38.7M |
| 5 |
AGNC Investment
AGNC
|
+$36.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Valaris
VAL
|
+$160M |
| 2 |
California Resources
CRC
|
+$140M |
| 3 |
Noble Corp
NE
|
+$111M |
| 4 |
Bausch Health
BHC
|
+$38.1M |
| 5 |
Nexstar Media Group
NXST
|
+$31.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 24.74% |
| 2 | Energy | 22.11% |
| 3 | Financials | 14.99% |
| 4 | Communication Services | 11.18% |
| 5 | Technology | 9.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Bausch Health
BHC
$1.67B
| $134M | 12.55% |
16,532,998
-4,750,711
| -22% | -$38.1M |
|
2
Bausch + Lomb
BLCO
$5.8B
| $106M | 9.96% |
6,102,426
-225,948
| -4% | -$3.83M |
|
3
Uber
UBER
$139B
| $98.7M | 9.25% |
3,114,045
+417,245
| +15% | +$13.2M |
|
|
4
Valaris
VAL
$5.43B
| $70.6M | 6.62% |
1,085,278
-2,296,230
| -68% | -$160M |
|
|
PDCE
5
DELISTED
PDC Energy, Inc.
PDCE
| $64.6M | 6.05% |
+1,006,312
| New | +$65.1M |
|
|
6
MGIC Investment
MTG
$6.34B
| $50.6M | 4.74% |
+3,767,474
| New | +$50.7M |
|
7
Builders FirstSource
BLDR
$7.82B
| $47.3M | 4.43% |
532,752
-113,984
| -18% | -$9.03M |
|
8
Fox Class A
FOXA
$23.8B
| $44.5M | 4.17% |
1,305,502
-369,808
| -22% | -$12.5M |
|
|
9
SLM Corp
SLM
$4.78B
| $40.6M | 3.81% |
+3,280,821
| New | +$48.4M |
|
10
Vodafone
VOD
$36.4B
| $37M | 3.47% |
3,350,499
+1,537,369
| +85% | +$17.5M |
|
|
11
California Resources
CRC
$4.51B
| $34.5M | 3.23% |
895,313
-3,390,955
| -79% | -$140M |
|
|
12
AGNC Investment
AGNC
$12.4B
| $34.2M | 3.2% |
+3,392,816
| New | +$36.9M |
|
|
13
Popular Inc
BPOP
$10.9B
| $34.1M | 3.2% |
+594,669
| New | +$38.7M |
|
14
Seadrill
SDRL
$2.69B
| $33.3M | 3.12% |
830,223
-643,525
| -44% | -$25.2M |
|
15
Natural Resource Partners
NRP
$1.3B
| $28.3M | 2.65% |
541,561
-1,908
| -0.4% | -$102K |
|
16
PNC Financial Services
PNC
$99.6B
| $24.6M | 2.3% |
+193,315
| New | +$29.1M |
|
17
Dave & Buster's
PLAY
$363M
| $24.2M | 2.27% |
+658,588
| New | +$26.3M |
|
18
Tenet Healthcare
THC
$21B
| $23.9M | 2.24% |
401,584
-35,553
| -8% | -$1.98M |
|
19
West Fraser Timber
WFG
$5.18B
| $23.4M | 2.19% |
+328,750
| New | +$25.3M |
|
20
MasterBrand
MBC
$1.12B
| $21.9M | 2.05% |
+2,720,274
| New | +$24M |
|
21
United Parks & Resorts
PRKS
$2.12B
| $21.7M | 2.03% |
354,218
| – | – |
|
22
Algoma Steel
ASTL
$463M
| $19.6M | 1.83% |
2,423,282
+106,124
| +5% | +$811K |
|
|
VSXY
23
Victoria's Secret
VSXY
$6.78B
| $19.1M | 1.79% |
+560,000
| New | +$20.8M |
|
24
Liberty Latin America Class C
LILAK
$1.55B
| $13.7M | 1.28% |
1,818,598
| – | – |
|
25
JPMorgan Chase
JPM
$947B
| $10M | 0.94% |
+76,865
| New | +$10.5M |
|
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Goldentree Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Goldentree Asset Management held 40 positions worth $1.07B, down 14% from $1.25B the previous quarter. Its ten largest holdings account for 65% of the portfolio.
Goldentree Asset Management withdrew a net $177M in Q1 2023, closing 9 positions and reducing 10 holdings. Its most notable exit was Noble Corp, an estimated $111M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 25% of assets, up from 22% a quarter earlier, followed by Energy and Financials.
Against the trend, Goldentree Asset Management opened a new position in PDC Energy, Inc. worth $64.6M.
- Goldentree Asset Management's largest Q1 2023 buy was PDC Energy, Inc.: 1,006,312 shares worth $64.6M.
- Goldentree Asset Management added most to Vodafone in Q1 2023, an estimated $17.5M increase.
- Goldentree Asset Management's biggest Q1 2023 reduction was Valaris, cutting an estimated $160M.
- Goldentree Asset Management fully exited Noble Corp in Q1 2023, selling an estimated $111M.
- Goldentree Asset Management's ten largest holdings make up 65% of its $1.07B portfolio in Q1 2023.
- Goldentree Asset Management opened 12 new positions and closed 9 in Q1 2023.
- Goldentree Asset Management's portfolio value fell 14% quarter-over-quarter to $1.07B.
Based on Goldentree Asset Management's 13F filing for Q1 2023, filed 11 May 2023.