13F-HR 1 f123105.txt 13F REPORT FOR QUARTER ENDED DECEMBER 31, 2005 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, 2005 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: DDJ Capital Management, LLC Address: 141 Linden Street, Suite 4, Wellesley, MA 02482-7910 Form 13F File Number: 28-6136 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: David J. Breazzano Title: Member Phone: 781-283-8500 Signature, Place, and Date of Signing: /s/ David J. Breazzano Wellesley, MA February 13, 2006 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 manager(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).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 27 Form 13F Information Table Value Total: 135,895 List of Other Included Managers: NONE 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. Form 13F Information Table NAME OF TITLE OF CUSIP VALUE SHARES/ SH/ PUT/ INVSTMT OTHR VOTING AUTHORITY ISSUER CLASS (X$1000) PRN AMT PRN CALL DSCRETN MNGRS SOLE SHRD NNE ALLIANCE ONE INTL INC COM 018772103 559 143,400 SH SOLE 143,400 AMKOR TECHNOLOGY INC NOTE 5.750% 6/0 031652AN0 31,987 32,350 SH SOLE 32,350 BCE INC COM 05534B109 2,397 100,000 SH SOLE 100,000 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 939 40,000 SH SOLE 40,000 CARRIAGE SVCS INC COM 143905107 1,207 241,400 SH SOLE 241,400 CENTENNIAL COMM CORP N CL A NEW 15133V208 786 50,643 SH SOLE 50,643 CHARTER COMMUNICATIONS CORP INC D CL A 16117M107 366 300,000 SH SOLE 300,000 COMPASS MINERAL INTL INC COM 20451N101 4,049 165,000 SH SOLE 165,000 DOMTAR INC. COM 257561100 216 37,500 SH SOLE 37,500 DYNEGY INCL NEW CL A 26816Q101 2,420 500,000 SH SOLE 500,000 FRIENDLY ICE CREAM CORP COM 358497105 2,229 259,200 SH SOLE 259,200 GAMING PARTNERS INTL CORP COM 36467A107 605 54,135 SH SOLE 54,135 GREAT WOLF RESORTS INC COM 391523107 2,681 260,000 SH SOLE 260,000 ISLE OF CAPRI CASINOS INC COM 464592104 4,872 200,000 SH SOLE 200,000 LEARNING CARE COM 52200L102 724 97,215 SH SOLE 97,215 LODGENET ENTMT CORP COM 540211109 5,576 400,000 SH SOLE 400,000 MTR GAMING GROUP INC COM 553769100 10,150 975,000 SH SOLE 975,000 METRETEK TECHNOLOGIES INC COM 59159Q107 9,760 1,090,469 SH SOLE 1,090,469 MULTIMEDIA GAMES INC COM 625453105 925 100,000 SH SOLE 100,000 NORTHWESTERN CORP COM NEW 668074305 8,544 275,000 SH SOLE 275,000 PIONEER COS INC COM NEW 723643300 7,493 250,000 SH SOLE 250,000 PRESTIGE BRANDS HLDS INC COM 74112D101 3,125 250,000 SH SOLE 250,000 RADIOLOGIX INC COM 75040K109 4,313 1,414,100 SH SOLE 1,414,100 RES-CARE INC COM 760943100 6,080 350,000 SH SOLE 350,000 SR TELECOM INC COM NEW 78464P208 1,887 15,789,217 SH SOLE 15,789,217 SUNTERRA CORP COM NEW 86787D208 21,138 1,486,486 SH SOLE 1,486,486 YOUBET COM INC COM 987413101 867 183,301 SH SOLE 183,301 GRAND TOTAL 135,895 25,044,416 25,044,416