<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>steadfastcapmgmt.txt
<TEXT>
                               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, 2006

Check here if Amendment [  ]; Amendment Number:
This amendment (Check only one.): [ ] is a restatement.
                                  [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:     Steadfast Capital Mgmt. LLC
Address:  767 Fifth Avenue, 6th  Floor
          New York, NY 10153

13 File Number:

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
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:      Joseph M. Carney
Title:     CFO
Phone:     212-418-6997
Signature, Place and Date of Signing:

    Joseph M. Carney  April 20, 2006


Report Type (Check only one.):
[ X]        13F HOLDINGS REPORT.
[  ]        13F NOTICE.
[  ]        13F COMBINATION REPORT.


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
<PAGE>
                           FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:         0

Form 13F Information Table Entry Total:    56

Form 13F Information Table Value Total:    488776



<PAGE>
<TABLE>                          <C>               <C>
                                                                FORM 13F INFORMATION TABLE
                                                              VALUE   SHARES/ SH/ PUT/ INVSTMT   OTHER        VOTING AUTHORITY
           NAME OF ISSUER        TITLE OF CLASS     CUSIP   x($1000) PRN AMT  PRN CALL DISCRETN MANAGERS   SOLE    SHARED    NONE
  ------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D AC MOORE ARTS & CRAFTS INC COM COMMON STOCK     00086T103     7807   424287 SH       SOLE     01          424287        0        0
D ADVANCE AMERICA                COMMON STOCK     00739W107     2350   163401 SH       SOLE     01          163401        0        0
D AMER EXPRESS CO COM            COMMON STOCK     025816109    13218   251540 SH       SOLE     01          251540        0        0
D BANK OF AMERICA CORP COM STK   COMMON STOCK     060505104    12411   272535 SH       SOLE     01          272535        0        0
D BERKSHIRE HATHAWAY CL A INC DE COMMON STOCK     084670108    16444      182 SH       SOLE     01             182        0        0
D CADBURY SCHWEPPES PL C ADR 1:4 ADRS STOCKS      127209302     8401   210017 SH       SOLE     01          210017        0        0
D CITIGROUP INC COM STK          COMMON STOCK     172967101     8120   171920 SH       SOLE     01          171920        0        0
D CLEAR CHANNEL OUTDOO R CL A    COMMON STOCK     18451C109     4063   173263 SH       SOLE     01          173263        0        0
D COMSTOCK RESOURCES INC         COMMON STOCK     205768203    25468   857801 SH       SOLE     01          857801        0        0
D CORILLIAN CORP COM STK         COMMON STOCK     218725109      136    34860 SH       SOLE     01           34860        0        0
D CREE RESH INC COM              COMMON STOCK     225447101     1987    60561 SH       SOLE     01           60561        0        0
D CRYPTOLOGIC INC CAD NPV COM (U COMMON STOCK     228906103      939    36399 SH       SOLE     01           36399        0        0
D CSK AUTO CORP COM              COMMON STOCK     125965103     6123   441473 SH       SOLE     01          441473        0        0
D DICK'S SPORTING GOODS COM      COMMON STOCK     253393102    13346   336420 SH       SOLE     01          336420        0        0
D DYNAMIC MATLS CORP COM         COMMON STOCK     267888105     3746   105093 SH       SOLE     01          105093        0        0
D ENERGY PARTNERS COM            COMMON STOCK     29270U105    37473  1589201 SH       SOLE     01         1589201        0        0
D ESCALA GROUP INC COM           COMMON STOCK     29605W107     2081    79452 SH       SOLE     01           79452        0        0
D FIRST CASH FINANCIAL SVCS INC  COMMON STOCK     31942D107     4837   241971 SH       SOLE     01          241971        0        0
D FIRST DATA CORP COM            COMMON STOCK     319963104    13049   278716 SH       SOLE     01          278716        0        0
D FIRST MRBLHD CP                COMMON STOCK     320771108     5580   129017 SH       SOLE     01          129017        0        0
D FRIEDMAN BILLINGS RAMSEY GROUP COMMON STOCK     358434108     1435   152995 SH       SOLE     01          152995        0        0
D GAMESTOP CORP NEW CL A COM     COMMON STOCK     36467W109    12187   258531 SH       SOLE     01          258531        0        0
D GATEWAY INC COM                COMMON STOCK     367626108      868   396541 SH       SOLE     01          396541        0        0
D GOOGLE                         COMMON STOCK     38259P508    36287    93044 SH       SOLE     01           93044        0        0
D HANSEN NAT CORP COM            COMMON STOCK     411310105     8697    68994 SH       SOLE     01           68994        0        0
D HOMEX DEVELOPMNT               ADRS STOCKS      25030W100     6561   185712 SH       SOLE     01          185712        0        0
D IAC INTERACTIVE                COMMON STOCK     44919P300     1327    45035 SH       SOLE     01           45035        0        0
D ITC HOLDINGS CORP              COMMON STOCK     465685105     2431    92628 SH       SOLE     01           92628        0        0
D MERCK & CO INC COM             OPTIONS - CALLS  99ABWLF18     4062   115300 SH  CALL SOLE     01          115300        0        0
D MIVA INC COM                   COMMON STOCK     55311R108      611   149866 SH       SOLE     01          149866        0        0
D MOHAWK INDS INC COM            COMMON STOCK     608190104     8011    99242 SH       SOLE     01           99242        0        0
D NATIONAL WESTN LIFE INS CO CL  COMMON STOCK     638522102     1411     6076 SH       SOLE     01            6076        0        0
D NCR CORPORATION COM            COMMON STOCK     62886E108     6379   152652 SH       SOLE     01          152652        0        0
D NEW YORK COMMUNITY BANCORP     COMMON STOCK     649445103     3162   180501 SH       SOLE     01          180501        0        0
D NEWCASTLE INVT CORP COM        REITS/RICS       65105M108    21062   880522 SH       SOLE     01          880522        0        0
D NEWMONT MINING CORP USD1.6 COM COMMON STOCK     651639106     1184    22823 SH       SOLE     01           22823        0        0
D ORACLE CORPORATION U SD.01 COM OPTIONS - CALLS  99O92F333    10144   741000 SH  CALL SOLE     01          741000        0        0
D ORIENTAL FINANCIAL GROUP COM   COMMON STOCK     68618W100      646    44732 SH       SOLE     01           44732        0        0
D OVERSTOCK.COM                  COMMON STOCK     690370101     3287   110223 SH       SOLE     01          110223        0        0
D PALM INC NEW COM               COMMON STOCK     696643105     1366    58998 SH       SOLE     01           58998        0        0
D PC MALL INC                    COMMON STOCK     69323K100     1020   159912 SH       SOLE     01          159912        0        0
D PHH CORP COM                   COMMON STOCK     693320202    17151   642345 SH       SOLE     01          642345        0        0
D PLAINS EXPL PRD                COMMON STOCK     726505100    10691   276680 SH       SOLE     01          276680        0        0
D PRE PAID LEGAL SVCS INC COM    COMMON STOCK     740065107    24404   687827 SH       SOLE     01          687827        0        0
D PROCTER & GAMBLE CO COM        COMMON STOCK     742718109     4272    74123 SH       SOLE     01           74123        0        0
D SEACOR HOLDINGS INC COM        COMMON STOCK     811904101    11086   139972 SH       SOLE     01          139972        0        0
D SEASPAN CORP COM               COMMON STOCK     Y75638109     9852   465369 SH       SOLE     01          465369        0        0
D SEMI CONDUCTOR COM STK US ETFS HOLDERS US ETF'S 816636203    11878   327043 SH       SOLE     01          327043        0        0
D STEELCASE INC COM STK          COMMON STOCK     858155203     6766   375889 SH       SOLE     01          375889        0        0
D STREETTRACKS GOLD TRUST        US ETF'S - US TR 863307104     8258   142140 SH       SOLE     01          142140        0        0
D TASER INTERNATIONAL INC        COMMON STOCK     87651B104     1578   148979 SH       SOLE     01          148979        0        0
D UNIVISION COMMUNICAT IONS INC  COMMON STOCK     914906102     1478    42874 SH       SOLE     01           42874        0        0
D ZENITH NATL INS CORP           COMMON STOCK     989390109    22793   473567 SH       SOLE     01          473567        0        0
D ZIPREALTY                      COMMON STOCK     98974V107     4112   468339 SH       SOLE     01          468339        0        0
D CREDIT ACCEPTANCE CO RP MICH   COMMON STOCK     225310101    10826   460676 SH       SOLE     01           98824        0        0
D KEY ENERGY SERVICES INC        COMMON STOCK     492914106    23914  1568109 SH       SOLE     01          414514        0        0
S REPORT SUMMARY                 56 DATA RECORDS              488776        0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
</TEXT>
</DOCUMENT>