D-Wave Quantum Inc.
QBTS- Exchange
- Nasdaq
- Industry
- Services-Computer Processing & Data Preparation
- SEC CIK
- 0001907982
In the last 90 days, D-Wave Quantum Inc. insiders filed 0 open-market purchases and 2 sales; 553 institutions reported holding it in 13F filings for Q2 2026, worth $4.73B in total; no superinvestor holds it.
13F holders, Q3 2025
Institutional positions in D-Wave Quantum Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 459
- +106 vs. Q2 2025
- Shares held
- 182.7M
- +26.1M (+16.7%) vs. Q2 2025
- Total value
- $4.52B
- +$2.22B (+97.0%) vs. Q2 2025
- New holders
- 137
- 182 more added
- Sold out
- 31
- 91 more reduced
6 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting QBTS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 553 | $4.73B |
| Q1 2026 | 493 | $2.54B |
| Q4 2025 | 511 | $4.43B |
| Q3 2025 | 459 | $4.52B |
| Q2 2025 | 359 | $2.30B |
| Q1 2025 | 270 | $712.1M |
| Q4 2024 | 199 | $770.3M |
| Q3 2024 | 88 | $83.7M |
| Q2 2024 | 80 | $92.9M |
| Q1 2024 | 60 | $136.7M |
| Q4 2023 | 51 | $64.9M |
| Q3 2023 | 49 | $71.6M |
| Q2 2023 | 39 | $150.2M |
| Q1 2023 | 29 | $47.0M |
| Q4 2022 | 24 | $103.7M |
| Q3 2022 | 21 | $555.9M |
| Q2 2022 | 1 | $41.8K |
| Q1 2022 | 0 | $0 |
| Q4 2021 | 0 | $0 |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding D-Wave Quantum Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 38,454,869 | $950.2M | 0.01% | +11,218,255+41.2% | Added |
| BlackRock, Inc. | 26,201,235 | $647.4M | 0.01% | +2,975,256+12.8% | Added |
| D. E. Shaw & Co., Inc. | 13,648,352 | $337.3M | 0.27% | +947,141+7.5% | Added |
| UBS Group AG | 12,089,703 | $298.7M | 0.06% | +10,205,427+541.6% | Added |
| Geode Capital Management, LLC | 7,528,321 | $186.8M | 0.01% | +1,116,763+17.4% | Added |
| State Street Corp | 7,321,276 | $180.9M | 0.01% | +672,881+10.1% | Added |
| Morgan Stanley | 6,340,745 | $156.7M | 0.01% | +1,954,377+44.6% | Added |
| Bank of America Corp | 5,406,114 | $133.6M | 0.01% | −9,325,387−63.3% | Reduced |
| Price T Rowe Associates Inc | 4,580,769 | $113.2M | 0.01% | +3,745,315+448.3% | Added |
| UNICOM Systems, Inc. | 3,121,346 | $77.1M | 7.62% | +337,838+12.1% | Added |
| Clear Street Group Inc. | 3,049,148 | $75.3M | 0.37% | +3,049,148 | New |
| Charles Schwab Investment Management Inc | 2,904,711 | $71.8M | 0.01% | +2,046,737+238.6% | Added |
| Northern Trust Corp | 2,792,035 | $69.0M | 0.01% | +407,727+17.1% | Added |
| Marex Group plc | 2,626,156 | $65.3M | 0.81% | −2,843,135−52.0% | Reduced |
| Driehaus Capital Management LLC | 2,443,818 | $60.4M | 0.43% | +1,234,071+102.0% | Added |
| Renaissance Technologies LLC | 2,253,542 | $55.7M | 0.07% | −1,537,800−40.6% | Reduced |
| Penserra Capital Management LLC | 1,677,356 | $41.4M | 0.50% | +507,409+43.4% | Added |
| JPMorgan Chase & Co | 1,551,634 | $38.3M | 0.00% | +15,535+1.0% | Added |
| HRT Financial LP | 1,354,621 | $33.5M | 0.12% | +1,075,977+386.1% | Added |
| Nuveen, LLC | 1,328,872 | $32.8M | 0.01% | −120,343−8.3% | Reduced |
| FMR LLC | 1,309,074 | $32.3M | 0.00% | +1,190,003+999.4% | Added |
| Tudor Investment Corp Et Al | 1,247,528 | $30.8M | 0.20% | +420,112+50.8% | Added |
| Bank of New York Mellon Corp | 1,052,109 | $26.0M | 0.00% | +138,754+15.2% | Added |
| Two Sigma Investments, LP | 1,045,882 | $25.8M | 0.04% | +698,600+201.2% | Added |
| LPL Financial LLC | 887,218 | $21.9M | 0.01% | +413,152+87.2% | Added |
| Goldman Sachs Group Inc | 862,033 | $21.3M | 0.00% | −168,127−16.3% | Reduced |
| Royal Bank of Canada | 845,908 | $20.9M | 0.00% | −577,668−40.6% | Reduced |
| Invesco Ltd. | 838,162 | $20.7M | 0.00% | +679,580+428.5% | Added |
| Lord, Abbett & Co. LLC | 757,385 | $18.7M | 0.06% | +548,882+263.2% | Added |
| Cubist Systematic Strategies, LLC | 675,561 | $16.7M | 0.24% | +675,561 | New |
| Ameriprise Financial Inc | 665,320 | $16.4M | 0.00% | +235,200+54.7% | Added |
| Virtu Financial LLC | 640,330 | $15.8M | 0.88% | +321,039+100.5% | Added |
| UBS Asset Management Americas Inc | 634,492 | $15.7M | 0.00% | −382,487−37.6% | Reduced |
| Erste Asset Management GmbH | 601,350 | $15.2M | 0.15% | +601,350 | New |
| SG Americas Securities, LLC | 602,305 | $14.9M | 0.05% | −377,833−38.5% | Reduced |
| Swiss National Bank | 599,100 | $14.8M | 0.01% | +49,200+8.9% | Added |
| Macquarie Group Ltd | 598,107 | $14.8M | 0.02% | +598,107 | New |
| Raymond James Financial Inc | 597,189 | $14.8M | 0.00% | −40,237−6.3% | Reduced |
| Van Eck Associates Corp | 571,874 | $14.1M | 0.01% | +461,173+416.6% | Added |
| Y-Intercept (Hong Kong) Ltd | 569,743 | $14.1M | 0.34% | +512,460+894.6% | Added |
| Emerald Advisers, LLC | 547,249 | $13.5M | 0.43% | −10,814−1.9% | Reduced |
| Squarepoint Ops LLC | 486,951 | $12.0M | 0.03% | +474,516+3,816.0% | Added |
| Sculptor Capital LP | 473,800 | $11.7M | 0.16% | −84,800−15.2% | Reduced |
| Barclays PLC | 471,827 | $11.7M | 0.00% | −104,958−18.2% | Reduced |
| Rhumbline Advisers | 455,108 | $11.2M | 0.01% | +36,625+8.8% | Added |
| Simplex Trading, LLC | 449,601 | $11.1M | 0.25% | +370,856+471.0% | Added |
| Wells Fargo & Company | 432,150 | $10.7M | 0.00% | +98,363+29.5% | Added |
| Foundations Investment Advisors, LLC | 410,982 | $10.2M | 0.15% | +1,757+0.4% | Added |
| McGuire Investment Group, LLC | 395,778 | $9.78M | 1.11% | +28,968+7.9% | Added |
| Stifel Financial Corp | 381,218 | $9.42M | 0.01% | +303,340+389.5% | Added |
| Man Group plc | 380,637 | $9.41M | 0.02% | −1,431,860−79.0% | Reduced |
| Emerald Mutual Fund Advisers Trust | 358,640 | $8.86M | 0.46% | +8,300+2.4% | Added |
| Alliancebernstein L.P. | 356,191 | $8.80M | 0.00% | +43,179+13.8% | Added |
| Legal & General Group Plc | 327,161 | $8.08M | 0.00% | +7,500+2.3% | Added |
| California State Teachers Retirement System | 291,592 | $7.21M | 0.01% | +16,762+6.1% | Added |
| Cambridge Investment Research Advisors, Inc. | 269,870 | $6.67M | 0.02% | +116,481+75.9% | Added |
| Citadel Advisors LLC | 253,159 | $6.26M | 0.01% | +169,057+201.0% | Added |
| Millennium Management LLC | 252,571 | $6.24M | 0.00% | −127,906−33.6% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 250,387 | $6.19M | 0.01% | +143,282+133.8% | Added |
| Deutsche Bank AG | 248,985 | $6.15M | 0.00% | +47,145+23.4% | Added |
| State of Wisconsin Investment Board | 210,455 | $5.20M | 0.01% | +18,007+9.4% | Added |
| Advisor Group Holdings, Inc. | 284,936 | $5.09M | 0.01% | +37,932+15.4% | Added |
| AQR Capital Management LLC | 202,710 | $5.01M | 0.00% | +31,471+18.4% | Added |
| Cetera Investment Advisers | 202,707 | $5.01M | 0.01% | +90,207+80.2% | Added |
| SBI Securities Co., Ltd. | 199,196 | $4.92M | 0.13% | −7,992−3.9% | Reduced |
| SLT Holdings LLC | 191,521 | $4.73M | 3.10% | −41,479−17.8% | Reduced |
| Kestra Advisory Services, LLC | 190,336 | $4.70M | 0.02% | +140,436+281.4% | Added |
| EAM Investors, LLC | 190,617 | $4.63M | 0.53% | +19,417+11.3% | Added |
| Federated Hermes, Inc. | 184,359 | $4.56M | 0.01% | +184,288+259,560.6% | Added |
| Trexquant Investment LP | 183,597 | $4.54M | 0.05% | −358,001−66.1% | Reduced |
| Rockefeller Capital Management L.P. | 182,278 | $4.50M | 0.01% | −264,266−59.2% | Reduced |
| MetLife Investment Management | 179,944 | $4.45M | 0.02% | +7,699+4.5% | Added |
| Russell Investments Group, Ltd. | 177,450 | $4.38M | 0.00% | +174,204+5,366.7% | Added |
| Group One Trading, L.P. | 173,716 | $4.29M | 0.13% | −789,140−82.0% | Reduced |
| Algert Global LLC | 172,110 | $4.25M | 0.07% | +51,680+42.9% | Added |
| Arkadios Wealth Advisors | 166,977 | $4.13M | 0.10% | +2,870+1.7% | Added |
| Capital Fund Management S.A. | 163,243 | $4.03M | 0.04% | +163,243 | New |
| HighTower Advisors, LLC | 157,332 | $3.89M | 0.00% | +6,707+4.5% | Added |
| Voleon Capital Management LP | 157,160 | $3.88M | 0.09% | +157,160 | New |
| Amundi | 108,586 | $3.80M | 0.00% | +2,542+2.4% | Added |
| Harvest Investment Services, LLC | 153,116 | $3.78M | 0.76% | +109,229+248.9% | Added |
| Wolverine Asset Management LLC | 152,942 | $3.78M | 0.06% | +64,577+73.1% | Added |
| Bouvel Investment Partners, LLC | 148,337 | $3.67M | 1.12% | +1,845+1.3% | Added |
| State of New Jersey Common Pension Fund D | 143,623 | $3.55M | 0.01% | +44,703+45.2% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 143,608 | $3.55M | 0.01% | −14,366−9.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 142,900 | $3.53M | 0.01% | +19,979+16.3% | Added |
| Flynn Zito Capital Management, LLC | 140,000 | $3.46M | 1.28% | 00.0% | Unchanged |
| Walleye Capital LLC | 136,415 | $3.37M | 0.03% | −50,776−27.1% | Reduced |
| Janus Henderson Group PLC | 133,673 | $3.30M | 0.00% | +10,973+8.9% | Added |
| Creative Planning | 131,568 | $3.25M | 0.00% | +93,496+245.6% | Added |
| Thoroughbred Financial Services, LLC | 131,250 | $3.24M | 0.20% | +1,350+1.0% | Added |
| Commonwealth Equity Services, LLC | 130,654 | $3.23M | 0.00% | −126,913−49.3% | Reduced |
| Mariner, LLC | 124,666 | $3.08M | 0.00% | −21,340−14.6% | Reduced |
| Neuberger Berman Group LLC | 123,784 | $3.06M | 0.00% | +123,784 | New |
| Yarbrough Capital, LLC | 121,060 | $2.99M | 0.09% | 00.0% | Unchanged |
| Headlands Technologies LLC | 113,577 | $2.81M | 0.22% | −247,240−68.5% | Reduced |
| Jones Financial Companies LLLP | 104,661 | $2.80M | 0.00% | +39,751+61.2% | Added |
| Brinker Capital Investments, LLC | 112,281 | $2.77M | 0.02% | +56,381+100.9% | Added |
| Manufacturers Life Insurance Company, The | 110,918 | $2.74M | 0.00% | +4,851+4.6% | Added |
| BNP Paribas Arbitrage, SA | 110,390 | $2.73M | 0.00% | +58,802+114.0% | Added |