13F-HR 1 d1066513_13f-hr.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: December 31, 2009 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Pennant Capital Management, LLC Address: 26 Main Street Chatham, New Jersey 07928 13F File Number: 028-10370 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: Alan Fournier Title: Managing Member Phone: (973) 701-1100 Signature, Place and Date of Signing: /s/ Alan Fournier Chatham, New Jersey February 16, 2009 ----------------------- ------------------------- --------------------- [Signature] [City, State] [Date] Report Type: (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: NONE Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 9 Form 13F Information Table Entry Total: 64 Form 13F Information Table Value Total: $3,335,165 (thousands) List of Other Included Managers: No. Form 13F File Number Name --- -------------------- ---------------------- 1. Pennant Master Fund, L.P. 2. Pennant Windward Master Fund, L.P. 3. 028-13339 Pennant Spinnaker Fund, L.P. 4. 028-10746 Pennant General Partner, LLC 5. 028-10768 Pennant Onshore Qualified, L.P. 6. Pennant Onshore Partners, L.P. 7. 028-10536 Pennant Offshore Partners, Ltd. 8. 028-11666 Pennant Windward Fund, L.P. 9. 028-11665 Pennant Windward Fund, Ltd. FORM 13F INFORMATION TABLE Pennant Capital Management, LLC

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 TITLE VALUE SHS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ABERCROMBIE & FITCH CO CL A 002896207 141,435 4,058,397 SH Defined 1,2,3,4 4,058,397 ADOBE SYS INC COM 00724F101 97,519 2,651,414 SH Defined 1,2,3,4 2,651,414 ALLIANCE HOLDINGS GP LP COM UNITS LP 01861G100 6,086 222,049 SH Defined 1,3,4 222,049 ALLIANCE RES PARTNER L P UT LTD PART 01877R108 3,143 72,460 SH Defined 3,4 72,460 ALPHA NATURAL RESOURCES INC COM 02076X102 95,532 2,202,214 SH Defined 1,2,3,4 2,202,214 AMGEN INC COM 031162100 22,062 390,000 SH Defined 1,2,4 390,000 AMR CORP COM 001765106 82,037 10,612,767 SH Defined 1,2,3,4 10,612,767 AMR CORP COM 001765106 7,730 1,000,000 CALL Defined 1,2,3,4 10,000 APACHE CORP COM 037411105 77,501 751,200 SH Defined 1,2,3,4 751,200 APPLIED MATLS INC COM 038222105 79,848 5,727,970 SH Defined 1,2,3,4 5,727,970 ARTIO GLOBAL INVS INC COM CL A 04315B107 51,821 2,033,000 SH Defined 1,2,3,4 2,033,000 ATLAS ENERGY INC COM 049298102 105,011 3,484,103 SH Defined 1,2,3,4 3,484,103 AUTOMATIC DATA PROCESSING IN COM 053015103 39,283 917,400 SH Defined 1,2,3,4 917,400 BANK OF AMERICA CORPORATION COM 060505104 43,674 2,900,000 SH Defined 1,2,3,4 2,900,000 BRINKS HOME SEC HLDGS INC COM 109699108 39,194 1,200,783 SH Defined 1,2,3,4 1,200,783 CELGENE CORP COM 151020104 15,223 273,400 SH Defined 1,2,4 273,400 CF INDS HLDGS INC COM 125269100 47,678 525,209 SH Defined 1,2,3,4 525,209 CISCO SYS INC COM 17275R102 155,517 6,496,099 SH Defined 1,2,4 6,496,099 CITIGROUP INC COM 172967101 46,340 14,000,000 SH Defined 1,2,3,4 14,000,000 CONSOL ENERGY INC COM 20854P109 67,415 1,353,719 SH Defined 2,4 1,353,719 COVIDIEN PLC SHS G2554F105 123,978 2,588,800 SH Defined 1,2,3,4 2,588,800 CVS CAREMARK CORPORATION COM 126650100 59,173 1,837,100 SH Defined 1,2,3,4 1,837,100 DAVITA INC COM 23918K108 111,515 1,898,458 SH Defined 1,2,3,4 1,898,458 DELTA AIR LINES INC DEL COM NEW 247361702 57,402 5,044,136 SH Defined 1,2,3,4 5,044,136 DYAX CORP COM 2.6746E107 9,925 2,927,863 SH Defined 1,3,4 2,927,863 FIDELITY NATIONAL FINANCIAL CL A 31620R105 38,587 2,866,788 SH Defined 1,2,3,4 2,866,788 FIDELITY NATL INFORMATION SV COM 31620M106 137,406 5,862,013 SH Defined 1,2,3,4 5,862,013 FLUOR CORP NEW COM 343412102 13,512 300,000 SH Defined 1,2,4 300,000 FOSTER WHEELER AG COM H27178104 8,096 275,000 SH Defined 1,2,4 275,000 FREIGHTCAR AMER INC COM 357023100 5,605 282,655 SH Defined 1,3,4 282,655 GRIFFON CORP COM 398433102 11,244 920,099 SH Defined 1,3,4 920,099 HARRIS STRATEX NTWRKS INC CL A 41457P106 3,662 530,000 SH Defined 3,4 530,000 HELIX ENERGY SOLUTIONS GRP I COM 42330P107 56,651 4,821,342 SH Defined 1,2,3,4 4,821,342 HOLOGIC INC COM 436440101 74,513 5,138,800 SH Defined 1,2,3,4 5,138,800 INTEL CORP COM 458140100 11,220 550,000 SH Defined 1,2,4 550,000 KBR INC COM 48242W106 6,935 365,000 SH Defined 1,2,4 365,000 LAM RESEARCH CORP COM 512807108 47,031 1,199,460 SH Defined 1,2,3,4 1,199,460 LIGAND PHARMACEUTICALS INC CL B 53220K207 9,871 4,548,703 SH Defined 1,2,4 4,548,703 MI DEVS INC CL A SUB VTG 55304X104 1,097 89,300 SH Defined 3,4 89,300 MICROSOFT CORP COM 594918104 153,151 5,024,636 SH Defined 1,2,4 5,024,636 MIDDLEBROOK PHARMACEUTICAL I COM 596087106 785 1,540,000 SH Defined 3,4 1,540,000 OLD REP INTL CORP COM 680223104 67,223 6,695,500 SH Defined 1,2,3,4 6,695,500 PFIZER INC COM 717081103 40,142 2,206,818 SH Defined 1,2,3,4 2,206,818 PHH CORP COM NEW 693320202 87,109 5,407,141 SH Defined 1,2,3,4 5,407,141 QUALCOMM INC COM 747525103 19,198 415,000 SH Defined 1,2,4 415,000 QUEST DIAGNOSTICS INC COM 74834L100 1,811 30,000 SH Defined 1,2,4 30,000 ROBERT HALF INTL INC COM 770323103 344 12,881 SH Defined 1,2,4 12,881 ROCKWELL COLLINS INC COM 774341101 99,344 1,794,500 SH Defined 1,2,3,4 1,794,500 SAVIENT PHARMACEUTICALS INC COM 80517Q100 35,073 2,577,000 SH Defined 1,2,3,4 2,577,000 SEAHAWK DRILLING INC COM 81201R107 13,150 583,399 SH Defined 1,3,4 583,399 TENET HEALTHCARE CORP COM 88033G100 1,744 323,629 SH Defined 1,2,3,4 323,629 TERRA INDS INC COM 880915103 3,870 120,213 SH Defined 1,2,4 120,213 TRANSATLANTIC HLDGS INC COM 893521104 73,317 1,406,973 SH Defined 1,2,3,4 1,406,973 TRANSDIGM GROUP INC COM 893641100 178,780 3,764,588 SH Defined 1,2,3,4 3,764,588 UNION PAC CORP COM 907818108 69,968 1,094,957 SH Defined 1,2,3,4 1,094,957 UNITEDHEALTH GROUP INC COM 91324P102 12,192 400,000 SH Defined 1,2,3,4 400,000 UNITEDHEALTH GROUP INC COM 91324P102 91,440 3,000,000 CALL Defined 1,2,3,4 30,000 VALERO ENERGY CORP NEW COM 91913Y100 4,690 280,000 SH Defined 1,2,4 280,000 WALTER ENERGY INC COM 93317Q105 88,825 1,179,460 SH Defined 1,2,3,4 1,179,460 WALTER INVT MGMT CORP COM 93317W102 14,143 986,980 SH Defined 1,2,3,4 986,980 WELLPOINT INC COM 94973V107 160,041 2,745,600 SH Defined 1,2,3,4 2,745,600 WESTERN UN CO COM 959802109 65,767 3,488,961 SH Defined 1,2,3,4 3,488,961 WILLIS GROUP HOLDINGS LTD COM G96655108 33,294 1,262,100 SH Defined 1,2,3,4 1,262,100 XTO ENERGY INC COM 98385X106 8,292 178,203 SH Defined 1,2,4 178,203

SK 03461 0009 1066513