13F-HR 1 f033106.txt 13F REPORT FOR QUARTER-ENDED MARCH 31, 2006 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: 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 May 9, 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: 21 Form 13F Information Table Value Total: 130,447 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 1,008 207,500 SH SOLE 207,500 AMERISTAR CASINOS INC CALL 03070Q101 2,579 100,000 SH SOLE 100,000 AMKOR TECHNOLOGY INC NOTE 5.750 6/0 031652ANO 24,289 24,350 SH SOLE 24,350 BCE INC COM 05534B109 2,408 100,000 SH SOLE 100,000 BLOCKBUSTER INC CL A 093679108 3,970 1,000,000 SH SOLE 1,000,000 COMPASS MINERAL INTL INC COM 20451N101 4,266 170,700 SH SOLE 170,700 DYNEGY INCL NEW CL A 26816Q101 1,920 400,000 SH SOLE 400,000 FRIENDLY ICE CREAM CORP COM 358497105 2,280 300,000 SH SOLE 300,000 GREAT WOLF RESORTS INC COM 391523107 4,057 350,000 SH SOLE 350,000 ISLE OF CAPRI CASINOS INC COM 464592104 3,328 100,000 SH SOLE 100,000 LODGENET ENTMT CORP COM 540211109 6,232 400,000 SH SOLE 400,000 MTR GAMING GROUP INC COM 553769100 11,890 1,155,530 SH SOLE 1,155,530 METRETEK TECHNOLOGIES INC COM 59159Q107 15,253 1,020,269 SH SOLE 1,020,269 MULTIMEDIA GAMES INC COM 625453105 1,024 68,800 SH SOLE 68,800 NORTHWESTERN CORP COM NEW 668074305 12,456 400,000 SH SOLE 400,000 PRESTIGE BRANDS HLDS INC COM 74112D101 3,043 250,000 SH SOLE 250,000 RADIO ONE, INC CL A 75040P108 1,870 250,000 SH SOLE 250,000 RES-CARE INC COM 760943100 2,004 109,021 SH SOLE 109,021 SUNTERRA CORP COM NEW 86787D208 17,061 1,194,737 SH SOLE 1,194,737 TRM CORP COM 872636105 5,117 760,271 SH SOLE 760,271 UAL CORP COM NEW 902549807 4,392 110,000 SH SOLE 110,000 GRAND TOTAL 130,447 8,471,178 8,471,178