13F-HR 1 inftable9302006.txt SEPTEMBER 30, 2006 13F-HR SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2006 Check here if Amendment { }: Amendment Number: This Amendment (check only one): [ ] is a restatement. [ ] adds new holdings entries. Report Type (Check only one.): [ ] 13F Holdings Report [ ] 13F Notice [X] 13F Combination Report Institutional Investment Manager Filing this Report: Name: Iridian Asset Management LLC Address: 276 Post Road West, Westport, CT 06880-4704 13F File Number: 028-06008 List of Other Managers Reporting for this Manager: Form 13F File Number Name 028-01190 Frank Russell Company The institutional investment manager filing this report and the person by whom it is signed hereby represents that the person signing this 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: Lane S. Bucklan Title: General Counsel Phone: 203-341-9053 Signature, Place and date of Signing: /s/ Lane S. Bucklan Westport, CT November 1, 2006 ---------------------- ----------- ------------- [Signature] [City, State] [Date] I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. Report Summary: Number of other included Managers: None Form 13F Information Table Entry Total: 119 Form 13F Information Table Value Total: $9,279,729,000 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AGERE SYSTEMS INC COM 00845V308 879 58900 SH SOLE 58900 AGILENT TECHNOLOGIES INC COM 00846U101 369732 11310250 SH SOLE 7336150 3974100 ALLEGHENY TECHNOLOGIES INC COM 01741R102 939 15100 SH SOLE 15100 ALLTEL CORP COM 020039103 350299 6311700 SH SOLE 4120725 2190975 AMERICA MOVIL SA - ADR COM 02364W105 19045 483750 SH SOLE 425450 58300 AMERICA TELECOM SA DE CV-ADR COM 023647100 348 25700 SH SOLE 25700 AMERICAN INTERNATIONAL GROUP COM 026874107 22999 347100 SH SOLE 220800 126300 AMERICAN STANDARD COM 029712106 289567 6899391 SH SOLE 4538272 2361119 AMGEN INC COM 031162100 53204 743800 SH SOLE 477800 266000 ANDRX CORP COM 034553107 140073 5733650 SH SOLE 3638368 2095282 ARMOR HOLDINGS COM 042260109 699 12200 SH SOLE 12200 ASHLAND INC COM 044209104 49978 783600 SH SOLE 558150 225450 AUTOLIV INC COM 052800109 320742 5820040 SH SOLE 3819465 2000575 AVAYA INC COM 053499109 2219 194000 SH SOLE 194000 BALL CORP COM 058498106 273312 6756774 SH SOLE 4332746 2424028 BANK OF AMERICA CORP COM 060505104 43338 808992 SH SOLE 503370 305622 BAXTER INTL INC COM 071813109 308530 6786835 SH SOLE 4544735 2242100 BIOGEN IDEC INC COM 09062X103 169392 3791230 SH SOLE 2397250 1393980 BLACK & DECKER CORP COM 091797100 277245 3493955 SH SOLE 2265655 1228300 BOEING CO. 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COM 55262C100 799 13000 SH SOLE 13000 MCDONALDS CORP COM 580135101 13582 347200 SH SOLE 222100 125100 MEDIMMUNE INC COM 584699102 131524 4502716 SH SOLE 2921866 1580850 MEDTRONIC INC COM COM 585055106 29197 628700 SH SOLE 409800 218900 MERRILL LYNCH COM 590188108 37362 477650 SH SOLE 287850 189800 MGM MIRAGE COM 552953101 62705 1587875 SH SOLE 1073600 514275 MILLENNIUM PHARMACEUTICALS COM 599902103 152117 15288154 SH SOLE 9834304 5453850 MOOG INC-CL A COM 615394202 766 22100 SH SOLE 22100 NATIONAL OILWELL VARCO INC COM 637071101 23473 400900 SH SOLE 257600 143300 PACKAGING CORP OF AMERICA COM 695156109 34605 1491596 SH SOLE 932489 559107 PATHMARK STORES INC COM 70322A101 307 30900 SH SOLE 30900 PFIZER INC COM 717081103 32668 1151900 SH SOLE 791700 360200 PLAYTEX PRODUCTS INC COM 72813P100 2403 179300 SH SOLE 20900 158400 PRECISION CASTPARTS CORP COM 740189105 177358 2808075 SH SOLE 1829975 978100 PRIDE INTERNATIONAL INC COM 74153Q102 121105 4416675 SH SOLE 2661325 1755350 REGEN BIOLOGICS COMMON COM 75884M104 2233 5726281 SH SOLE 5726281 RURAL CELLULAR CORP-CL A COM 781904107 4576 475200 SH SOLE 88000 387200 SEACOR HOLDINGS INC COM 811904101 866 10500 SH SOLE 10500 SEPRACOR INC COM 817315104 91286 1884525 SH SOLE 1265175 619350 SHARPER IMAGE CORP COM 820013100 164 15900 SH SOLE 15900 SHIRE PLC-ADR COM 82481R106 277755 5623709 SH SOLE 3570899 2052810 SMART & FINAL INC COM 831683107 702 41100 SH SOLE 41100 SPDR TRUST SERIES 1 COM 78462F103 1603 12000 SH SOLE 12000 STANLEY WORKS (THE) COM 854616109 155025 3109830 SH SOLE 2085080 1024750 TECK COMINCO LTD-CL B COM 878742204 74044 1184900 SH SOLE 822900 362000 TEEKAY SHIPPING CORP COM Y8564W103 317407 7720915 SH SOLE 5004465 2716450 TEXTRON INC COM 883203101 37713 431000 SH SOLE 300250 130750 THERAVANCE INC COM 88338T104 16032 592900 SH SOLE 51700 541200 TRANSOCEAN INC COM G90078109 20966 286300 SH SOLE 176500 109800 TREEHOUSE FOODS INC COM 89469A104 89905 3801468 SH SOLE 2592258 1209210 TYCO INTERNATIONAL LTD COM 902124106 284215 10154162 SH SOLE 6595262 3558900 U.S. BANCORP COM 902973304 36402 1095800 SH SOLE 664200 431600 UAP HOLDING CORP COM 903441103 49413 2312250 SH SOLE 762450 1549800 UBS AG COM H89231338 39767 670500 SH SOLE 424100 246400 UNITEDHEALTH GROUP INC COM 91324P102 45420 923170 SH SOLE 621670 301500 VALEANT PHARMACEUTICALS COM 91911X104 215434 10891529 SH SOLE 7036772 3854757 WELLPOINT INC COM 94973V107 33989 441125 SH SOLE 291025 150100 WEYERHAEUSER CO COM 962166104 83522 1357425 SH SOLE 869350 488075 WINDSTREAM CORP COM 97381W104 44342 3361766 SH SOLE 2178426 1183340 XEROX CORP COM 984121103 44361 2850975 SH SOLE 2016275 834700 YUM! BRANDS INC COM 988498101 98516 1892725 SH SOLE 1319825 572900 AUTONOMY CORP PLC (GBP) 0118271 427 49200 SH SOLE 49200 GALAXY ENTERTAINMENT GRP (HKD) 6465874 301 345000 SH SOLE 345000 SHUN TAK HOLDINGS LTD (HKD) 6806633 318 269900 SH SOLE 269900 - TYC JAN 30 CALLS CALL 9021249AF 254 5394 SH CALL SOLE 426 4968 RURAL CELLULAR 11.375% 05 15 1 781904305 4860 4000 SH SOLE 276 3724 RURAL CELLULAR 12.25% 05 15 11 781904404 6841 6054 SH SOLE 487 5567