13F-HR 1 d821949_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, 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 November 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: 48 Form 13F Information Table Value Total: $1,662,065 (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

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 -------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- ALLEGHANY CORP DEL COM 017175100 5,646 13,907 SH DEFINED 1,2,3,4,5 13,907 AMERICAN EAGLE OUTFITTERS NE COM 02553E106 28,241 1,073,400 SH DEFINED 1,2,3,4,5 1,073,400 AMERICAN EXPRESS CO COM 025816109 53,973 909,090 SH DEFINED 1,2,3,4,5 909,090 AMGEN INC COM 031162100 2,263 40,000 SH DEFINED 1,2,3,4,5 40,000 APPLIED MATLS INC COM 038222105 28,943 1,398,200 SH DEFINED 1,2,3,4,5 1,398,200 AXCAN PHARMA INC COM 054923107 50,804 2,446,045 SH DEFINED 1,2,3,4,5 2,446,045 CF INDS HLDGS INC COM 125269100 55,842 735,630 SH DEFINED 1,2,3,4,5 735,630 CHIPMOS TECH BERMUDA LTD SHS G2110R106 15,673 2,616,546 SH DEFINED 1,2,3 2,616,546 CISCO SYS INC COM 17275R102 37,192 1,122,600 SH DEFINED 1,2,3,4,5 1,122,600 COMCAST CORP NEW CL A 20030N101 44,987 1,860,505 SH DEFINED 1,2,3,4,5 1,860,505 DJO INCORPORATED COM 23325G104 50,288 1,024,200 SH DEFINED 1,2,3,4,5 1,024,200 DAVITA INC COM 23918K108 51,641 817,371 SH DEFINED 1,2,3,4,5 817,371 DYAX CORP COM 26746E103 13,496 3,748,800 SH DEFINED 1,2,3 3,748,800 FEDERAL HOME LN MTG CORP COM 313400301 30,282 513,160 SH DEFINED 1,2,3,4,5 513,160 FIDELITY NATIONAL FINANCIAL CL A 31620R105 69,131 3,954,888 SH DEFINED 1,2,3,4,5 3,954,888 FIDELITY NATL INFORMATION SV COM 31620M106 34,086 768,229 SH DEFINED 1,2,3,4,5 768,229 FOREST LABS INC COM 345838106 34,307 920,000 SH DEFINED 1,2,3,4,5 920,000 GENENTECH INC COM NEW 368710406 5,852 75,000 SH DEFINED 1,2,3,4,5 75,000 GREENFIELD ONLINE INC COM 395150105 6,205 406,900 SH DEFINED 3 406,900 GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 1,014 50,000 SH DEFINED 3 50,000 GRIFFON CORP COM 398433102 6,283 416,080 SH DEFINED 1,2,3 416,080 GRUBB & ELLIS CO COM PAR $0.01 400095204 1,256 135,000 SH DEFINED 3 135,000 INPHONIC INC COM 45772G105 554 200,000 SH DEFINED 1,2,3 200,000 IRON MTN INC COM 462846106 50,670 1,662,400 SH DEFINED 1,2,3,4,5 1,662,400 LAM RESEARCH CORP COM 512807108 21,861 410,460 SH DEFINED 1,2,3,4,5 410,460 LEVITT CORP CL A 52742P108 3,143 1,563,839 SH DEFINED 1,2,3 1,563,839 LIGAND PHARMACEUTICALS INC CL B 53220K207 5,983 1,120,350 SH DEFINED 2,3,4 1,120,350 LIMITED BRANDS INC COM 532716107 50,589 2,210,100 SH DEFINED 1,2,3,4,5 2,210,100 MCKESSON CORP COM 58155Q103 2,940 50,000 SH DEFINED 1,2,3,4,5 50,000 MONEYGRAM INTL INC COM 60935Y109 43,246 1,914,380 SH DEFINED 1,2,3,4,5 1,914,380 MOODYS CORP COM 615369105 31,586 626,700 SH DEFINED 1,2,3,4,5 626,700 MUELLER WTR PRODS INC COM SER B 624758207 8,269 751,692 SH DEFINED 1,2,3,4,5 751,692 NRG ENERGY INC COM NEW 629377508 46,917 1,109,400 SH DEFINED 1,2,3,4,5 1,109,400 ORACLE CORP COM 68389X105 54,419 2,513,590 SH DEFINED 1,2,3,4,5 2,513,590 PHH CORP COM NEW 693320202 123,190 4,687,607 SH DEFINED 1,2,3,4,5 4,687,607 PEOPLES UNITED FINANCIAL INC COM 712704105 3,110 180,000 SH DEFINED 1,2,3,4,5 180,000 RADVISION LTD ORD M81869105 5,423 308,800 SH DEFINED 1,2,3 308,800 RUDOLPH TECHNOLOGIES INC COM 781270103 4,779 345,550 SH DEFINED 1,2,3 345,550 SAIC INC COM 78390X101 53,719 2,799,300 SH DEFINED 1,2,3,4,5 2,799,300 SANFILIPPO JOHN B & SON INC COM 800422107 3,058 374,300 SH DEFINED 1,2,3 374,300 SEPRACOR INC COM 817315104 1,925 70,000 SH DEFINED 1,2,3,4,5 70,000 TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 12,615 738,600 SH DEFINED 1,2,3,4,5 738,600 TRANSDIGM GROUP INC COM 893641100 65,525 1,433,500 SH DEFINED 1,2,3,4,5 1,433,500 UAL CORP COM NEW 902549807 2,792 60,000 SH DEFINED 1,2,3,4,5 60,000 UNION PAC CORP COM 907818108 41,470 366,800 SH DEFINED 1,2,3,4,5 366,800 UNIVERSAL STAINLESS & ALLOY COM 913837100 1,580 39,700 SH DEFINED 1,2,3 39,700 WALTER INDS INC COM 93317Q105 75,140 2,793,300 SH DEFINED 1,2,3,4,5 2,793,300 ISHARES TR RUSSELL 2000 464287655 320,160 4,000,000 PUT DEFINED 1,2,3,4,5 4,000,000

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