13F-HR 1 d961329_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, 2008 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 17, 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: 6 Form 13F Information Table Entry Total: 51 Form 13F Information Table Value Total: $1,286,021 (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. 6. Pennant Spinnaker Fund, L.P. SK 03461 0009 961329 FORM 13F INFORMATION TABLE

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVSTMNT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRTN MANAGERS SOLE SHARED NONE ABERCROMBIE & FITCH CO CL A 002896207 36,128 1,566,021 SH Defined 1,2,3,4,5,6 1,566,021 ADOBE SYS INC COM 00724f101 28,874 1,356,207 SH Defined 1,2,3,4,5,6 1,356,207 ALLIANCE HOLDINGS GP LP COM UNITS LP 01861g100 6,779 458,046 SH Defined 1,2,3,6 458,046 ALLIANCE RES PARTNER LP UT LTD PART 01877r108 10,802 401,870 SH Defined 1,2,3,6 401,870 AMERICAN EAGLE OUTFITTERS NE COM 02553e106 24,566 2,624,560 SH Defined 1,2,3,4,5,6 2,624,560 AMERICAN EXPRESS CO COM 025816109 9,275 500,000 SH Defined 1,2,3,4,5,6 500,000 AMERICAN ITALIAN PASTA CO CL A 027070101 62 2,775 SH Defined 1,2,3 2,775 AMGEN INC COM 031162100 4,620 80,000 SH Defined 1,2,3,4,5 80,000 APPLIED MATLS INC COM 038222105 20,715 2,044,880 SH Defined 1,2,3,4,5 2,044,880 ATLAS AMER INC COM 049167109 8,221 553,600 SH Defined 1,2,3,6 553,600 ATLAS ENERGY RESOURCES LLC COM 049303100 9,062 709,657 SH Defined 1,2,3,6 709,657 BRINK HOME SEC HLDGS INC COM 109699108 11,344 517,510 SH Defined 1,2,3,6 517,510 CF INDS HLDGS COM 125269100 33,148 674,279 SH Defined 1,2,3,4,5,6 674,279 CISCO SYS INC COM 17275R102 31,429 1,928,140 SH Defined 1,2,3,4,5 1,928,140 COMCAST CORP NEW COM 20030N101 70,626 4,184,015 SH Defined 1,2,3,4,5,6 4,184,015 CONSOL ENERGY INC COM 20854p109 38,991 1,364,289 SH Defined 1,2,3,4,5,6 1,364,289 DAVITA INC COM 23918k108 49,809 1,004,815 SH Defined 1,2,3,4,5,6 1,004,815 DANA HOLDING CORP COM 235825205 2,006 2,710,759 SH Defined 1,2,3 2,710,759 DYAX CORP COM 26746e103 5,243 1,440,263 SH Defined 1,2,3 1,440,263 ECHOSTAR CORP CL A 278768106 5,200 349,700 SH Defined 1,2,3,4,5,6 349,700 EXELON CORP COM 30161n101 49,053 882,097 SH Defined 1,2,3,4,5,6 882,097 FIDELITY NATIONAL FINANCIAL CL A 31620r105 94,183 5,306,059 SH Defined 1,2,3,4,5,6 5,306,059 FIDELITY NATIONAL INFORMATION SV COM 31620M106 36,434 2,239,326 SH Defined 1,2,3,4,5,6 2,239,326 FOSTER WHEELER LTD SHS NEW G36535139 2,104 90,000 SH Defined 1,2,3,4,5 90,000 FOUNDATION COAL HLDGS INC COM 35039w100 40,164 2,864,749 SH Defined 1,2,3,4,5,6 2,864,749 GENENTECH INC COM NEW 368710406 9,510 114,700 SH Defined 1,2,3,4,5 114,700 GRIFFON CORP COM 398433102 12,563 1,346,512 SH Defined 1,2,3,6 1,346,512 HARMAN INTL INDS INC COM 413086109 58,301 3,484,800 SH Defined 1,2,3,4,5,6 3,484,800 ICO INC NEW COM 449293109 569 180,200 SH Defined 6 180,200 LAM RESEARCH CORP COM 512807108 21,002 986,951 SH Defined 1,2,3,4,5 986,951 LENDER PROCESSING SVCS INC. COM 52302e102 5,626 191,024 SH Defined 1,2,3,4,5 191,024 LIGAND PHARMACEUTICALS INC CL B 53220k207 9,102 3,321,768 SH Defined 1,2,3,4,5 3,321,768 MARATHON OIL CORP COM 565849106 31,738 1,160,000 SH Defined 1,2,3,4,5,6 1,160,000 METAVANTE TECHNOLOGIES INC COM 591407101 26,187 1,625,531 SH Defined 1,2,3,4,5 1,625,531 MICROSOFT CORP COM 594918104 27,329 1,405,811 SH Defined 1,2,3,4,5 1,405,811 MIDDLEBROOK PHARMACEUTICALS I COM 596087106 2,310 1,540,000 SH Defined 6 1,540,000 MOODYS CORP COM 615369105 26,945 1,341,200 SH Defined 1,2,3,4,5,6 1,341,200 NRG ENERGY INC COM NEW 629377508 57,829 2,478,721 SH Defined 1,2,3,4,5 2,478,721 ORACLE CORP COM 68389x105 29,534 1,665,782 SH Defined 1,2,3,4,5 1,665,782 PHH CORP COM NEW 693320202 68,833 5,407,141 SH Defined 1,2,3,4,5,6 5,407,141 PROSHARES TR PSHS ULTSH 20YRS 74347R297 10,991 291,300 SH Defined 1,2,3,4,5,6 291,300 QUEST DIAGNOSTICS INC COM 74834L100 2,596 50,000 SH Defined 1,2,3,4,5 50,000 SLM CORP COM 78442p106 16,408 1,843,632 SH Defined 1,2,3,4,5,6 1,843,632 SANFILIPPO JOHN B & SON INC COM 800422107 2,918 541,286 SH Defined 1,2,3 541,286 SAVIENT PHARMACEUTICALS INC COM 80517q100 8,228 1,421,124 SH Defined 1,2,3,4,5,6 1,421,124 TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 5,579 737,934 SH Defined 1,2,3,4,5 737,934 TENET HEALTHCARE CORP COM 88033g100 298 259,437 SH Defined 1,2,3,4,5,6 259,437 TRANSDIGM GROUP INC COM 893641100 78,859 2,349,092 SH Defined 1,2,3,4,5,6 2,349,092 UNION PAC CORP COM 907818108 33,891 709,021 SH Defined 1,2,3,4,5,6 709,021 WALTER INDS INC COM 93317q105 25,051 1,430,670 SH Defined 1,2,3,4,5,6 1,430,670 WELLPOINT INC COM 94973v107 84,989 2,017,308 SH Defined 1,2,3,4,5,6 2,017,308

SK 03461 0009 961329