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EdgarHawk

Goldentree Asset Management LP

10% Owner

10% Owner

Latest: Insider buying · April 2026

5 filings analyzed · 2 companies · Latest 2026-06-11

Companies

Company Buys Sells Direction
GoldenTree Opportunistic Credit Fund 3 0 Net buying
Mallinckrodt plc MNKTQ 2 0 Net buying

Activity

June 2026
2026-06-11 GoldenTree Opportunistic Credit Fund
medium
Buy
465,230 shares
$4,750,000
Significance 6/10

Goldentree Asset Management LP acquired 465,230 shares of GoldenTree Opportunistic Credit Fund at $10.21 for $4,750,000.04

Goldentree Asset Management LP, a 10% owner, purchased 465,230 shares at $10.21 on 2026-06-09, increasing its position from 23,105,669 shares to 23,570,899 shares—a net addition of 465,230 shares representing a +2.0% increase in holdings. This open-market acquisition follows a pattern of 6 prior buys in the insider's cross-ticker history. The substantial dollar commitment of $4,750,000.04 and the continued accumulation suggest ongoing engagement with the fund.

May 2026
2026-05-28 GoldenTree Opportunistic Credit Fund
medium
Buy
1,254,921 shares
$12,750,000
Significance 6/10

Goldentree Asset Management LP (10% owner) purchased 1,254,921 shares at $10.16 for $12,750,000.00

Goldentree Asset Management LP, a 10% shareholder, acquired 1,254,921 shares at $10.16 on 2026-05-26, increasing its holdings from 21,816,839 shares to 23,071,760 shares (net change of 1,254,921 shares, or +5.8% vs pre-transaction holdings). This is an open-market purchase that expands the insider's stake in GoldenTree Opportunistic Credit Fund. The insider has a documented history of 7 prior buys across all tickers in its cross-ticker track record, indicating a pattern of acquisitions over time. The magnitude of this transaction—totaling $12,750,000.00—represents a material capital commitment and material increase in position size.

April 2026
2026-04-28 GoldenTree Opportunistic Credit Fund
high
Buy
1,956,947 shares
$20,000,000
Significance 7/10

GoldenTree Opportunistic Credit Fund insider purchases nearly 2M shares in substantial open-market transaction

An insider executed a nearly $20 million open-market purchase of nearly 2 million shares, representing approximately 10% of their existing holdings—a substantial commitment of capital that signals meaningful confidence in the fund's valuation and prospects. This scale of acquisition is noteworthy for a credit-focused vehicle, suggesting the insider views current market conditions as attractive relative to intrinsic value. The round-dollar transaction structure and significant size indicate deliberate, large-scale conviction rather than routine rebalancing. For retail investors tracking insider behavior as a signal of management confidence, this purchase warrants attention as evidence that a decision-maker with privileged perspective is willing to deploy material capital. The qualification of the rule-based filter as a high-priority open-market purchase further underscores the filing's relevance to tracking insider positioning and sentiment.

July 2024
2024-07-10 Mallinckrodt plc MNKTQ
high
Buy
13,300 shares
$724,850
Significance 3/10

GoldenTree Asset Management LP (10% owner) buys 13,300 MNKTQ shares at $54.50 on 2024-07-08; stock now at $0.12

GoldenTree Asset Management LP, a 10% holder of Mallinckrodt plc, purchased 13,300 shares at $54.50 on 2024-07-08, bringing holdings to 3,327,335 shares. Since the transaction, the stock has collapsed to $0.12 (current price), down 42.9% from its 52-week high of $0.21, despite a 220.0% gain over the past 30 days. The company reported negative net income of $-65,400,000.00 in its latest quarter and has declined year-over-year with effectively flat annual revenue growth of -0.2%, and a market cap of only $2,363,560.20 does not align with the earlier transaction price. This represents GoldenTree's fifth buy at this ticker since early March 2024, yet all five purchases fall outside measurable outcome windows and cannot yet be assessed for timing quality.

June 2024
2024-06-18 Mallinckrodt plc MNKTQ
high
Buy
275,000 shares
$14,506,250
Significance 4/10

Goldentree AM bought 275,000 MNKTQ shares at $52.75 on 2024-06-14 (now $0.12), +220% in 30d; holder doubled stake since June despite -99.8% drawdown

Goldentree Asset Management, a 10% owner of Mallinckrodt, acquired 275,000 shares at $52.75 on 2024-06-14, lifting holdings from 3,039,035 to 3,314,035 shares (+9.0%). The stock has since declined to $0.12 from the transaction price, a collapse of -99.8%. Notably, Goldentree has undertaken 5 prior purchases at this ticker since February 2024 (most recently May 24), all at substantially higher prices, demonstrating sustained accumulation despite a near-total wipeout. Mallinckrodt is unprofitable ($-65.4M net income in latest quarter) with a market cap of only $2.4M, reflecting severe financial distress. The 30-day chart shows +220% volatility, consistent with extreme financial stress trading rather than organic recovery, raising the question of whether these continuous purchases represent a value-averaging strategy in a distressed situation or an entity with illiquid positions accepting any recovery attempt.

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