13F-HR 1 d1142877_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 September 30, 2010 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 November 15, 2010 ----------------------- -------------------------- ---------------------- [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: $3,413,700 (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 5. 028-13339 Pennant Spinnaker Fund, L.P. FORM 13F INFORMATION TABLE

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------------- -------- -------- --------- ------------------- ---------- -------- ------------------- TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (x $1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- -------- -------- --------- ------- --- ---- ---------- -------- ---- ------ ---- ABERCROMBIE & FITCH CO CL A 002896207 154,651 3,933,137 SH Defined 1,2,4 3,933,137 ADOBE SYS INC COM 00724F101 136,306 5,212,454 SH Defined 1,2,3,4 5,212,454 ALPHA NATURAL RESOURCES INC COM 02076X102 39,749 965,965 SH Defined 1,2,4 965,965 AMGEN INC COM 031162100 19,289 350,000 SH Defined 1,2,4 350,000 APPLE INC COM 037833100 28,375 100,000 SH Defined 1,2,4 100,000 ATLAS ENERGY INC COM 049298102 118,916 4,152,084 SH Defined 1,2,4 4,152,084 AVIAT NETWORKS INC COM 05366Y102 1,946 475,687 SH Defined 1,4 475,687 BABCOCK & WILCOX CO NEW COM 05615F102 22,049 1,036,139 SH Defined 1,2,4 1,036,139 BANK OF AMERICA CORPORATION COM 060505104 64,380 4,913,560 SH Defined 1,2,4 4,913,560 CELGENE CORP COM 151020104 29,035 504,000 SH Defined 1,2,4 504,000 CF INDS HLDGS INC COM 125269100 62,207 651,382 SH Defined 1,2,4 651,382 CISCO SYS INC COM 17275R102 123,102 5,621,099 SH Defined 1,2,3,4 5,621,099 CITIGROUP INC COM 172967101 18,377 4,700,000 SH Defined 1,2,4 4,700,000 COCO-COLA ENTERPRISES INC COM 191219104 108,867 3,511,839 SH Defined 1,2,3,4 3,511,839 CONSOL ENERGY INC COM 20854P109 49,873 1,349,388 SH Defined 1,2,4 1,349,388 COVIDIEN PLC SHS G2554F105 89,316 2,222,350 SH Defined 1,2,4 2,222,350 CVS CAREMARK CORPORATION COM 126650100 50,348 1,599,871 SH Defined 1,2,4 1,599,871 DAVITA INC COM 23918K108 153,870 2,229,038 SH Defined 1,2,3,4 2,229,038 DYAX CORP COM 26746E103 7,696 3,247,393 SH Defined 1,4 3,247,393 EXXON MOBIL CORP COM 30231G102 9,269 150,000 SH Defined 1,2,4 150,000 FIDELITY NATIONAL FINANCIAL CL A 31620R105 1,807 115,000 SH Defined 3,4 115,000 FIDELITY NATL INFORMATION SV COM 31620M106 190,730 7,030,223 SH Defined 1,2,3,4 7,030,223 FLUOR CORP NEW COM 343412102 17,831 360,000 SH Defined 1,2,4 360,000 FOSTER WHEELER AG COM H27178104 12,964 530,000 SH Defined 1,2,4 530,000 GRIFFON CORP COM 398433102 4,612 378,302 SH Defined 1,4 378,302 HOLOGIC INC COM 436440101 106,335 6,641,813 SH Defined 1,2,4 6,641,813 LIGAND PHARMACEUTICALS INC CL B 53220K207 5,931 3,753,603 SH Defined 1,2,4 3,753,603 MCDERMOTT INTL INC COM 580037109 30,244 2,046,279 SH Defined 1,2,4 2,046,279 MIDDLEBY CORP COM 596278101 17,432 275,000 SH Defined 3,4 275,000 OLD REP INTL CORP COM 680223104 118,567 8,560,776 SH Defined 1,2,4 8,560,776 OMNICOM GROUP INC COM 681919106 22,701 575,000 SH Defined 3,4 575,000 PFIZER INC COM 717081103 116,126 6,763,329 SH Defined 1,2,4 6,763,329 PHH CORP COM 693320202 116,054 5,510,629 SH Defined 1,2,3,4 5,510,629 QUALCOMM INC COM 747525103 190,925 4,230,323 SH Defined 1,2,3,4 4,230,323 QUEST DIAGNOSTICS INC COM 74834L100 18,169 360,000 SH Defined 1,2,4 360,000 RENAISSANCERE HOLDINGS LTD COM G7496G103 8,994 150,000 SH Defined 3,4 150,000 ROCKWELL COLLINS INC COM 774341101 84,531 1,451,178 SH Defined 1,2,4 1,451,178 SAVIENT PHARMACEUTICALS INC COM 80517Q100 34,138 1,492,704 SH Defined 1,2,4 1,492,704 SEAHAWK DRILLING INC COM 81201R107 4,093 483,769 SH Defined 1,4 483,769 SYMETRA FINL CORP COM 87151Q106 8,757 837,235 SH Defined 1,4 837,235 TEREX CORP NEW COM 880779103 22,356 975,400 SH Defined 3,4 975,400 TRANSATLANTIC HLDGS INC COM 893521104 68,600 1,349,853 SH Defined 1,2,4 1,349,853 TRANSDIGM GROUP INC COM 893641100 225,079 3,627,379 SH Defined 1,2,3,4 3,627,379 UNION PAC CORP COM 907818108 100,715 1,231,234 SH Defined 1,2,3,4 1,231,234 UNITEDHEALTH GROUP INC COM 91324P102 111,665 3,180,419 SH Defined 1,2,4 3,180,419 VALERO ENERGY CORP NEW COM 91913Y100 14,358 820,000 SH Defined 1,2,4 820,000 VARIAN MED SYS INC COM 92220P105 18,150 300,000 SH Defined 3,4 300,000 WALTER ENERGY INC COM 93317Q105 58,785 723,152 SH Defined 1,2,4 723,152 WELLPOINT INC COM 94973V107 178,581 3,152,911 SH Defined 1,2,3,4 3,152,911 WESCO INTL INC COM 95082P105 23,770 605,000 SH Defined 3,4 605,000 WESTERN UN CO COM 959802109 128,662 7,281,377 SH Defined 1,2,3,4 7,281,377 WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 64,418 2,090,130 SH Defined 1,2,3,4 2,090,130

SK 03461 0009 1142877