Grow Funds, an investment Advisor, released its Q1 2026 investor letter for “GROW Small Cap Equity Long/Short Fund”. A copy of the letter can be downloaded here. In Q1 2026, GROW Small Cap Equity Long/Short L.P (Fund) returned 4.18%, outperforming the Russell 2000 Growth Index’s –2.80%, HFRI Equity Hedge Index’s -0.24%, and the HFRI Fundamental Growth Index’s 0.47% returns. Long positions and hedges, and short positions, safeguarded the portfolio amid the volatility driven by the Iran War. In addition, please check the Strategy’s top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Grow Funds highlighted Duos Technologies Group, Inc. (NASDAQ:DUOT). Duos Technologies Group, Inc. (NASDAQ:DUOT) is a technology company engages in the design and development of intelligent technology solutions. On June 18, 2026, Duos Technologies Group, Inc. (NASDAQ:DUOT) closed at $13.15 per share. One-month return of Duos Technologies Group, Inc. (NASDAQ:DUOT) was 3.50%, and its shares gained 76.56% over the past 52 weeks. Duos Technologies Group, Inc. (NASDAQ:DUOT) has a market capitalization of $413.084 million.
Grow Funds stated the following regarding Duos Technologies Group, Inc. (NASDAQ:DUOT) in its Q1 2026 investor letter:
“Duos Technologies Group, Inc. (NASDAQ:DUOT) historically operated as a railcar inspection business. In July of 2024, Duos announced they would begin providing Edge AI Data Center solutions. Duos designs and deploys modular edge data centers to bring processing power closer to where data is generated. Transformational growth began in Q1 this year when the company posted 363% revenue growth year-over-year. The addition of the data center business drove growth as demand for the data centers and power is extremely high. The company deployed 15 data centers in 2025 and expects to deploy many more in 2026. This rapid deployment will deliver scalable compute power and high-speed connectivity to customers in as little as 90 days. Duos provides these modular data centers on a rental basis, so the revenue is recurring in nature. We believe many investors are unaware of the transformation made within the business and there is more upside as discovery happens.”
Duos Technologies Group, Inc. (NASDAQ:DUOT) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 20 hedge fund portfolios held Duos Technologies Group, Inc. (NASDAQ:DUOT) at the end of the first quarter, compared to 13 in the previous quarter. While we acknowledge the potential of Duos Technologies Group, Inc. (NASDAQ:DUOT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.