13F-HR 1 d770262_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, 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: 40 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 15, 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: 45 Form 13F Information Table Value Total: 1,037,116 (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, L.P. 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

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUM 6 COLUMN7 COULMN 8 VALUE SHRS OR SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x $1000) PRN AMT PRN CALL DISCRTN MGRS SOLE Alleghany Corp Del COM 17175100 4,896 13,107 SH Defined 1,2,3,4,5 13,107 American Express Co COM 25816109 33,840 600,000 SH Defined 1,2,3,4,5 600,000 Amgen Inc COM 31162100 2,794 50,000 SH Defined 1,2,3,4,5 50,000 Axcan Pharma Inc COM 54923107 64,699 3,918,800 SH Defined 1,2,3,4,5 3,918,800 CF Inds Hldgs Inc COM 125269100 50,008 1,297,230 SH Defined 1,2,3,4,5 1,297,230 Chipmos Tech Bermuda Ltd SHS G2110R106 17,720 2,564,346 SH Defined 1,2,3 2,564,346 Cisco Sys Inc COM 17275R102 26,937 1,055,100 SH Defined 1,2,3,4,5 1,055,100 Comcast Corp New CL A 20030N101 40,792 1,571,945 SH Defined 1,2,3,4,5 1,571,945 Copart Inc COM 217204106 36,309 1,296,300 SH Defined 1,2,3,4,5 1,296,300 Countrywide Financial Corp COM 222372104 22,034 655,000 SH Defined 1,2,3,4,5 655,000 Dyax Corp COM 26746E103 3,825 928,500 SH Defined 3 928,500 Fidelity National Financial Inc CL A 31620R105 65,208 2,715,888 SH Defined 1,2,3,4,5 2,715,888 Fidelity Natl Information Sv COM 31620M106 31,923 702,229 SH Defined 1,2,3,4,5 702,229 Foster Wheeler Ltd SHS NEW G36535139 2,920 50,000 SH Defined 1,2,3,4,5 50,000 Greenfield Online Inc COM 395150105 3,822 240,400 SH Defined 3 240,400 Griffon Corp COM 398433102 3,687 148,980 SH Defined 1,2,3 148,980 Grubb & Ellis Co COM PAR $0.01 400095204 1,586 135,000 SH Defined 3 135,000 Intel Corp COM 458140100 3,826 200,000 SH Defined 1,2,3,4,5 200,000 Iron Mtn Inc COM 462846106 35,960 1,376,200 SH Defined 1,2,3,4,5 1,376,200 Lam Research Corp COM 512807108 11,087 234,200 SH Defined 1,2,3,4,5 234,200 Levitt Corp CL A 52742P108 12,454 1,337,650 SH Defined 1,2,3 1,337,650 Ligand Pharmaceuticals Inc CL B 53220K207 11,946 1,185,110 SH Defined ,2,3,4 1,185,110 Linear Technology Corp COM 535678106 6,002 190,000 SH Defined 1,2,3,4,5 190,000 Medtronic Inc COM 585055106 6,133 125,000 SH Defined 1,2,3,4,5 125,000 Microsoft Corp COM 594918104 36,008 1,292,008 SH Defined 1,2,3,4,5 1,292,008 Moneygram Intl Inc COM 60935Y109 39,647 1,428,200 SH Defined 1,2,3,4,5 1,428,200 Mueller Wtr Prods Inc COM SER B 624758207 10,065 751,692 SH Defined 1,2,3,4,5 751,692 NRG Energy Inc COM NEW 629377508 43,130 598,700 SH Defined 1,2,3,4,5 598,700 Novelis Inc COM 67000X106 18,139 411,230 SH Defined 1,2,3,4,5 411,230 Oracle Corp COM 68389X105 36,519 2,014,300 SH Defined 1,2,3,4,5 2,014,300 PHH Corp COM NEW 693320202 82,200 2,689,800 SH Defined 1,2,3,4,5 2,689,800 Peoples Bk Bridgeport Conn COM 710198102 5,994 135,000 SH Defined 1,2,3,4,5 135,000 RADVision Ltd ORD M81869105 7,443 315,400 SH Defined 1,2,3 315,400 Rinker Group Ltd SPONSORED ADR 76687M101 18,761 257,700 SH Defined 1,2,3,4,5 257,700 Rudolph Technologies Inc COM 781270103 5,876 336,950 SH Defined 1,2,3 336,950 SAIC Inc COM 78390X101 46,366 2,677,000 SH Defined 1,2,3,4,5 2,677,000 Sanfilippo John B & Son Inc COM 800422107 4,865 365,000 SH Defined 1,2,3 365,000 Sanofi Aventis SPONSORED ADR 80105N105 2,176 50,000 SH Defined 1,2,3,4,5 50,000 Take-Two Interactive Softwar COM 874054109 13,466 668,600 SH Defined 1,2,3,4,5 668,600 Mosaic Co COM 61945A107 1,213 45,500 SH Defined 1,2,3,4,5 45,500 TransDigm Group Inc COM 893641100 42,226 1,160,700 SH Defined 1,2,3,4,5 1,160,700 Union Pac Corp COM 907818108 1,554 15,300 SH Defined 3 15,300 UnitedHealth Group Inc COM 91324P102 49,908 942,200 SH Defined 1,2,3,4,5 942,200 Universal Stainless & Alloy COM 913837100 4,287 90,300 SH Defined 1,2,3 90,300 Walter Inds Inc COM 93317Q105 66,862 2,701,500 SH Defined 1,2,3,4,5 2,701,500

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