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Peapod Lane Capital LLC

CIK:0002050979
Investment Adviser
$108M AUM
57 holdings
Bedford Hills, NY, United States
Founded:2010
2 employees
Latest filing:Jun 30, 2025

Peapod Lane Capital LLC is a New York-based independent investment adviser, founded in 2010 by Erik J. Conrad. With a small team of 2 professional investors, the firm manages assets primarily for high net worth individuals and other investment advisers, typically handling accounts focused on value-driven equities and niche opportunities. It is headquartered in Bedford Hills, New York, and serves clients with a taste for deep value, concentrated portfolios and micro- and nano-cap equity exposure.

Investment Strategy

Peapod Lane Capital LLC employs a classic value investing strategy focused on the 'lost art' of buying net-net style stocks—companies trading at substantial discounts to their liquidation or replacement values. The firm emphasizes US-listed micro and nano-cap securities, seeking deeply out-of-favor businesses and targets investments where the market undervalues core assets. Its philosophy prioritizes traditional valuation metrics and a contrarian, independent-minded investment approach, catering to informed clients looking for non-mainstream, underfollowed opportunities.

Latest 13F Filing Activity

Peapod Lane Capital LLC filed their most recent 13F report on Jun 30, 2025 disclosing 56 equity positions with a total 13F market value of $100M. The fund increased holdings in Limoneira Co., Twin Disc Inc., Acacia Resh Corp. among other positions. Peapod Lane Capital LLC reduced exposure to Chimerix Inc., Third Harmonic Bio Inc., Westwood HLDGS Group Inc. among others.

Top Buys
L
LMNRLIMONEIRA CO
+$1.9M
T
TWINTWIN DISC INC
+$1.2M
A
ACTGACACIA RESH CORP
+$1.2M
N
NNDMNANO DIMENSION LTD
+$1.1M
B
BHBIGLARI HLDGS INC
+$1.1M
Top Sells
C
CMRXCHIMERIX INC
-$3.6M
T
THRDTHIRD HARMONIC BIO INC
-$776.8K
W
WHGWESTWOOD HLDGS GROUP INC
-$662.8K
R
RFLRAFAEL HLDGS INC
-$629.1K
K
KEKIMBALL ELECTRONICS INC
-$519.3K

Top Holdings

H
HURCHURCO CO
+4.5%$4.5M
F
FSPFRANKLIN STR PPTYS CORP
+4.3%$4.3M
A
ALCOALICO INC
+4.3%$4.3M
B
BHBIGLARI HLDGS INC
+4.1%$4.1M
S
SENEASENECA FOODS CORP NEW
+3.7%$3.7M

Equity Positions (56)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
HURCO CO4.54%$4.5M239,910$19.29$18.90+$786.2K
FRANKLIN STR PPTYS CORP4.30%$4.3M2,622,083$1.83$1.64-$351.6K
ALICO INC4.29%$4.3M131,265$25.97$32.68+$385.8K
BIGLARI HLDGS INC4.06%$4.1M13,876$254.42$292.21+$1.1M
SENECA FOODS CORP NEW3.74%$3.7M36,845$79.26$101.43-$56.4K

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+8.5%
AGRICULTURAL PRODUCTION-CROPS
+6.0%
REAL ESTATE INVESTMENT TRUSTS
+5.4%
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
+5.3%
SPORTING & ATHLETIC GOODS, NEC
+5.2%