Peapod Lane Capital LLC
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.
Top Holdings
Equity Positions (56)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
H HURC | HURCO CO | 4.54% | $4.5M | 239,910 | $19.29 | $18.90 | +$786.2K |
F FSP | FRANKLIN STR PPTYS CORP | 4.30% | $4.3M | 2,622,083 | $1.83 | $1.64 | -$351.6K |
A ALCO | ALICO INC | 4.29% | $4.3M | 131,265 | $25.97 | $32.68 | +$385.8K |
B BH | BIGLARI HLDGS INC | 4.06% | $4.1M | 13,876 | $254.42 | $292.21 | +$1.1M |
S SENEA | SENECA FOODS CORP NEW | 3.74% | $3.7M | 36,845 | $79.26 | $101.43 | -$56.4K |