13F-HR 1 d797942_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 June 30, 2007 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 August 14, 2007 ----------------------- -------------------------- ---------------------- [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: 5 Form 13F Information Table Entry Total: 52 Form 13F Information Table Value Total: $ 1,475,424 (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. 028-10536 Pennant Offshore Partners, Ltd. 2. 028-10768 Pennant Onshore Qualified, LP 3. 028-10746 Pennant General Partner, LLC 4. 028-11666 Pennant Windward Fund, L.P. 5. 028-11665 Pennant Windward Fund, Ltd. FORM 13F INFORMATION TABLE June 30, 2007

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- -------- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- ACCREDITED HOME LENDRS HLDG COM 00437P107 288 21,100 SH DEFINED 1,2,3 21,100 ALLEGHANY CORP DEL COM 17175100 5,368 13,207 SH DEFINED 1,2,3,4,5 13,207 ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PARTN 01881G106 1,045 12,000 SH DEFINED 1,2,3,4,5 12,000 AMERICAN EAGLE OUTFITTERS NE COM 02553E106 1,283 50,000 SH DEFINED 1,2,3,4,5 50,000 AMERICAN EXPRESS CO COM 025816109 36,940 603,800 SH DEFINED 1,2,3,4,5 603,800 APPLIED MATLS INC COM 038222105 16,895 850,300 SH DEFINED 1,2,3,4,5 850,300 AXCAN PHARMA INC COM 054923107 61,054 3,158,500 SH DEFINED 1,2,3,4,5 3,158,500 BANK OF AMERICA CORPORATION COM 060505104 8,365 171,100 SH DEFINED 1,2,3,4,5 171,100 CF INDS HLDGS INC COM 125269100 50,238 838,830 SH DEFINED 1,2,3,4,5 838,830 CHIPMOS TECH BERMUDA LTD SHS G2110R106 18,438 2,564,346 SH DEFINED 1,2,3 2,564,346 CISCO SYS INC COM 17275R102 29,618 1,063,500 SH DEFINED 1,2,3,4,5 1,063,500 COMCAST CORP NEW CL A 20030N101 44,524 1,583,345 SH DEFINED 1,2,3,4,5 1,583,345 COUNTRYWIDE FINANCIAL CORP COM 222372104 29,262 805,000 SH DEFINED 1,2,3,4,5 805,000 DJO INCORPORATED COM 23325G104 48,484 1,174,800 SH DEFINED 1,2,3,4,5 1,174,800 DAVITA INC COM 23918K108 16,164 300,000 SH DEFINED 1,2,3,4,5 300,000 DYAX CORP COM 26746E103 12,282 2,931,200 SH DEFINED 1,2,3 2,931,200 EMC CORP MASS COM 268648102 36,200 2,000,000 SH DEFINED 1,2,3,4,5 2,000,000 FIDELITY NATIONAL FINANCIAL CL A 31620R105 69,512 2,932,988 SH DEFINED 1,2,3,4,5 2,932,988 FIDELITY NATL INFORMATION SV COM 31620M106 38,372 706,929 SH DEFINED 1,2,3,4,5 706,929 GREENFIELD ONLINE INC COM 395150105 5,678 356,900 SH DEFINED 3 356,900 GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 1,127 50,000 SH DEFINED 3 50,000 GRIFFON CORP COM 398433102 3,245 148,980 SH DEFINED 1,2,3 148,980 GRUBB & ELLIS CO COM PAR $0.01 400095204 1,566 135,000 SH DEFINED 3 135,000 IRON MTN INC COM 462846106 41,445 1,586,100 SH DEFINED 1,2,3,4,5 1,586,100 ISHARES TR RUSSELL 2000 464287655 165,920 2,000,000 PUT DEFINED 1,2,3,4,5 2,000,000 KOHLS CORP COM 500255104 2,486 35,000 SH DEFINED 1,2,3,4,5 35,000 LAM RESEARCH CORP COM 512807108 16,119 313,600 SH DEFINED 1,2,3,4,5 313,600 LEVITT CORP CL A 52742P108 12,916 1,369,650 SH DEFINED 1,2,3 1,369,650 LIGAND PHARMACEUTICALS INC CL B 53220k207 8,154 1,185,110 SH DEFINED 2,3,4 1,185,110 LIMITED BRANDS INC COM 532716107 35,290 1,285,600 SH DEFINED 1,2,3,4,5 1,285,600 MEDTRONIC INC COM 585055106 5,186 100,000 SH DEFINED 1,2,3,4,5 100,000 MICROSOFT CORP COM 594918104 38,344 1,301,108 SH DEFINED 1,2,3,4,5 1,301,108 MONEYGRAM INTL INC COM 60935Y109 50,290 1,799,300 SH DEFINED 1,2,3,4,5 1,799,300 MUELLER WTR PRODS INC COM SER B 624758207 11,275 751,692 SH DEFINED 1,2,3,4,5 751,692 NRG ENERGY INC COM NEW 629377508 49,942 1,201,400 SH DEFINED 1,2,3,4,5 1,201,400 NOVARTIS A G SPONSORED ADR 66987v109 5,607 100,000 SH DEFINED 1,2,3,4,5 100,000 ORACLE CORP COM 68389x105 39,970 2,027,900 SH DEFINED 1,2,3,4,5 2,027,900 PHH CORP COM NEW 693320202 130,139 4,169,800 SH DEFINED 1,2,3,4,5 4,169,800 QUEST DIAGNOSTICS INC COM 74834L100 6,456 125,000 SH DEFINED 1,2,3,4,5 125,000 RADVISION LTD ORD M81869105 6,633 315,400 SH DEFINED 1,2,3 315,400 RINKER GROUP LTD SPONSORED ADR 76687m101 20,513 257,700 SH DEFINED 1,2,3,4,5 257,700 RUDOLPH TECHNOLOGIES INC COM 781270103 5,597 336,950 SH DEFINED 1,2,3 336,950 SAIC INC COM 78390x101 50,198 2,778,000 SH DEFINED 1,2,3,4,5 2,778,000 SANFILIPPO JOHN B & SON INC COM 800422107 4,015 365,000 SH DEFINED 1,2,3 365,000 SANOFI AVENTIS SPONSORED ADR 80105N105 2,416 60,000 SH DEFINED 1,2,3,4,5 60,000 TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 13,438 672,900 SH DEFINED 1,2,3,4,5 672,900 PROCTER & GAMBLE CO COM 742718109 4,283 70,000 SH DEFINED 1,2,3,4,5 70,000 TRANSDIGM GROUP INC COM 893641100 55,390 1,369,000 SH DEFINED 1,2,3,4,5 1,369,000 UNION PAC CORP COM 907818108 40,337 350,300 SH DEFINED 1,2,3,4,5 350,300 UNITEDHEALTH GROUP INC COM 91324p102 48,491 948,200 SH DEFINED 1,2,3,4,5 948,200 UNIVERSAL STAINLESS & ALLOY COM 913837100 1,399 39,700 SH DEFINED 1,2,3 39,700 WALTER INDS INC COM 93317q105 67,228 2,321,400 SH DEFINED 1,2,3,4,5 2,321,400

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