Alyeska Investment Group Reports New 6.45% Stake in Duos Technologies Group, Inc.
On May 15, 2026, Alyeska Investment Group, L.P., along with its affiliates Alyeska Fund GP, LLC and Anand Parekh, filed a Schedule 13G disclosing a new ownership stake in Duos Technologies Group, Inc. (DUOT). As of the event date on March 31, 2026, the reporting persons beneficially own 1,906,659 shares of common stock, representing 6.45% of the company's outstanding shares. This filing marks an increase from a previous position of zero, establishing Alyeska as a significant passive investor. The shares are held by Alyeska Master Fund, L.P., with Alyeska Investment Group, L.P. acting as the investment manager. Anand Parekh, as CEO of the investment manager, may be deemed to have beneficial ownership but has disclaimed it. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The total outstanding shares used for the percentage calculation was 29,542,860, based on the issuer's most recent 10-K.