13F-HR 1 d1194312_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 March 31, 2011 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 May 16, 2011 ----------------------- -------------------------- ---------------------- [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: 4 Form 13F Information Table Entry Total: 45 Form 13F Information Table Value Total: 4,426,105 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1. 028-13560 Pennant Master Fund, L.P. 2. 028-13561 Pennant Windward Master Fund, L.P. 3. 028-13288 Broadway Gate Master Fund, Ltd. 4. 028-10746 Pennant General Partner, LLC FORM 13F INFORMATION TABLE Pennant Capital Management, LLC March 31, 2011

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE --------------- -------------- ----- -------- ------- --- ---- ---------- -------- ----- ------ ---- ABERCROMBIE & FITCH CO CL A 002896207 196,841 3,353,337 SH DEFINED 1,2,4 3,353,337 ADOBE SYS INC COM 00724F101 175,166 5,282,454 SH DEFINED 1,2,3,4 5,282,454 AEROFLEX HLDG CORP COM 007767106 13,861 761,171 SH DEFINED 1,4 761,171 AMGEN INC COM 031162100 29,398 550,000 SH DEFINED 1,2,4 550,000 APPLE INC COM 037833100 64,125 184,000 SH DEFINED 1,2,4 184,000 AVIAT NETWORKS INC COM 05366Y102 2,976 575,687 SH DEFINED 1,4 575,687 BABCOCK & WILCOX CO NEW COM 05615F102 34,586 1,036,139 SH DEFINED 1,2,4 1,036,139 BAXTER INTL INC COM 071813109 6,022 112,000 SH DEFINED 1,2,4 112,000 CF INDS HLDGS INC COM 125269100 88,829 649,382 SH DEFINED 1,2,4 649,382 CELGENE CORP COM 151020104 19,863 345,000 SH DEFINED 1,2,4 345,000 CITIGROUP INC COM 172967101 102,964 23,295,000 SH DEFINED 1,2,3,4 23,295,000 COCA COLA ENTERPRISES INC NE COM 19122T109 127,552 4,672,239 SH DEFINED 1,2,3,4 4,672,239 DAVITA INC COM 23918K108 260,894 3,051,038 SH DEFINED 1,2,3,4 3,051,038 DOLLAR GEN CORP NEW COM 256677105 44,017 1,404,038 SH DEFINED 2,3,4 1,404,038 DYAX CORP COM 26746E103 4,422 2,746,798 SH DEFINED 1,4 2,746,798 FIDELITY NATL INFORMATION SV COM 31620M106 230,639 7,055,348 SH DEFINED 1,2,3,4 7,055,348 FOSTER WHEELER AG COM H27178104 15,048 400,000 SH DEFINED 1,2,4 400,000 GENERAL MTRS CO COM 37045V100 118,165 3,808,100 SH DEFINED 1,2,4 3,808,100 HOLOGIC INC COM 436440101 130,303 5,869,493 SH DEFINED 1,2,4 5,869,493 KRONOS WORLDWIDE INC COM 50105F105 8,066 138,000 SH DEFINED 1,4 138,000 MCDERMOTT INTL INC COM 580037109 21,124 831,979 SH DEFINED 1,2,4 831,979 MIDDLEBY CORP COM 596278101 31,288 336,000 SH DEFINED 3,4 336,000 NVR INC COM 62944T105 103,803 137,306 SH DEFINED 1,2,3,4 137,306 OLD REP INTL CORP COM 680223104 67,283 5,302,016 SH DEFINED 1,2,4 5,302,016 OMNICOM GROUP INC COM 681919106 25,757 525,000 SH DEFINED 3,4 525,000 PHH CORP COM NEW 693320202 119,966 5,510,629 SH DEFINED 1,2,3,4 5,510,629 PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 30,564 860,000 SH DEFINED 1,2,4 860,000 PFIZER INC COM 717081103 126,396 6,223,329 SH DEFINED 1,2,4 6,223,329 QUALCOMM INC COM 747525103 236,883 4,320,323 SH DEFINED 1,2,3,4 4,320,323 QUEST DIAGNOSTICS INC COM 74834L100 26,551 460,000 SH DEFINED 1,2,4 460,000 RANGE RES CORP COM 75281A109 102,890 1,760,000 SH DEFINED 1,2,4 1,760,000 ROCKWELL COLLINS INC COM 774341101 123,111 1,898,978 SH DEFINED 1,2,4 1,898,978 SENSATA TECHNOLOGIES HLDG BV SHS N7902X106 252,218 7,262,246 SH DEFINED 1,2,3,4 7,262,246 SYMETRA FINL CORP COM 87151Q106 11,386 837,235 SH DEFINED 1,4 837,235 TEREX CORP NEW COM 880779103 121,688 3,285,300 SH DEFINED 1,2,3,4 3,285,300 TRANSDIGM GROUP INC COM 893641100 268,593 3,204,017 SH DEFINED 1,2,3,4 3,204,017 UNION PAC CORP COM 907818108 126,475 1,286,234 SH DEFINED 1,2,3,4 1,286,234 UNITEDHEALTH GROUP INC COM 91324P102 163,914 3,626,419 SH DEFINED 1,2,3,4 3,626,419 VALERO ENERGY CORP NEW COM 91913Y100 22,663 760,000 SH DEFINED 1,2,4 760,000 WALTER ENERGY INC COM 93317Q105 123,749 913,752 SH DEFINED 1,2,3,4 913,752 WELLPOINT INC COM 94973V107 231,557 3,317,911 SH DEFINED 1,2,3,4 3,317,911 WELLS FARGO & CO NEW COM 949746101 114,156 3,600,000 SH DEFINED 1,2,3,4 3,600,000 WESCO INTL INC COM 95082P105 38,438 615,000 SH DEFINED 3,4 615,000 WESTERN UN CO COM 959802109 161,412 7,771,377 SH DEFINED 1,2,3,4 7,771,377 WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 100,502 2,490,130 SH DEFINED 1,2,3,4 2,490,130

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