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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.

Institutional holdersQ3 2025: 459 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 1 institutionQ3 2022: 21 institutionsQ4 2022: 24 institutionsQ1 2023: 29 institutionsQ2 2023: 39 institutionsQ3 2023: 49 institutionsQ4 2023: 51 institutionsQ1 2024: 60 institutionsQ2 2024: 80 institutionsQ3 2024: 88 institutionsQ4 2024: 199 institutionsQ1 2025: 270 institutionsQ2 2025: 359 institutionsQ3 2025: 459 institutionsQ4 2025: 511 institutionsQ1 2026: 493 institutionsQ2 2026: 553 institutions
Value heldQ3 2025: $4.52B
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $41.8KQ3 2022: $555.9MQ4 2022: $103.7MQ1 2023: $47.0MQ2 2023: $150.2MQ3 2023: $71.6MQ4 2023: $64.9MQ1 2024: $136.7MQ2 2024: $92.9MQ3 2024: $83.7MQ4 2024: $770.3MQ1 2025: $712.1MQ2 2025: $2.30BQ3 2025: $4.52BQ4 2025: $4.43BQ1 2026: $2.54BQ2 2026: $4.73B
Institutions holding QBTS and their total value by quarter
QuarterHoldersValue
Q2 2026553$4.73B
Q1 2026493$2.54B
Q4 2025511$4.43B
Q3 2025459$4.52B
Q2 2025359$2.30B
Q1 2025270$712.1M
Q4 2024199$770.3M
Q3 202488$83.7M
Q2 202480$92.9M
Q1 202460$136.7M
Q4 202351$64.9M
Q3 202349$71.6M
Q2 202339$150.2M
Q1 202329$47.0M
Q4 202224$103.7M
Q3 202221$555.9M
Q2 20221$41.8K
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding D-Wave Quantum Inc.; share changes are against Q2 2025.

Institutions holding QBTS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bank Julius Baer & Co. Ltd, Zurich1,975$48.8K0.00%+1,125+132.4%Added
Reyes Financial Architecture, Inc.2,000$49.4K0.03%00.0%Unchanged
Atlantic Union Bankshares Corp2,025$50.0K0.00%+25+1.3%Added
NVWM, LLC2,100$51.9K0.01%+2,100New
Rothschild Investment LLC2,140$52.9K0.00%+1,575+278.8%Added
Banque Transatlantique SA2,200$54.3K0.00%+2,200New
NBC Securities, Inc.2,288$56.5K0.00%+753+49.1%Added
Northwestern Mutual Wealth Management Co2,333$57.6K0.00%+1,307+127.4%Added
Danske Bank A/S2,500$61.8K0.00%00.0%Unchanged
Gables Capital Management Inc.2,500$61.8K0.03%00.0%Unchanged
Delos Wealth Advisors, LLC2,500$61.8K0.04%+350+16.3%Added
Fifth Third Bancorp2,524$62.4K0.00%+1,093+76.4%Added
Maso Capital Partners Ltd2,950$72.9K0.12%+2,950New
Principal Securities, Inc.3,052$75.4K0.00%+1,190+63.9%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.3,063$76.0K0.00%+233+8.2%Added
Huntington National Bank3,300$81.5K0.00%+500+17.9%Added
CoreCap Advisors, LLC3,371$83.3K0.00%+2,015+148.6%Added
Silicon Valley Capital Partners3,465$85.6K0.01%+3,465New
Exchange Traded Concepts, LLC3,553$87.8K0.00%+3,553New
Horizon Investments, LLC3,553$87.8K0.00%+3,553New
Center for Financial Planning, Inc.3,645$90.1K0.01%00.0%Unchanged
Hollencrest Capital Management4,000$98.8K0.00%−5,000−55.6%Reduced
Close Asset Management Ltd4,430$109.0K0.00%+4,430New
MAI Capital Management4,683$115.7K0.00%−5,950−56.0%Reduced
Cascades Capital Asset Management, LLC5,166$127.7K0.06%+5,166New
Tripletail Wealth Management, LLC3,608$130.2K0.15%+3,608New
Signaturefd, LLC5,318$131.4K0.00%−1,850−25.8%Reduced
CWM, LLC6,574$162.0K0.00%+1,018+18.3%Added
IFP Advisors, Inc6,770$167.3K0.00%−8,044−54.3%Reduced
Baader Bank INC12,568$192.0K0.02%−31,191−71.3%Reduced
Spire Wealth Management7,946$196.3K0.01%+1,380+21.0%Added
Heritage Wealth Advisors7,985$197.3K0.01%00.0%Unchanged
Petros Family Wealth, LLC8,140$201.1K0.17%+8,140New
Americana Partners, LLC8,179$202.1K0.01%+8,179New
Baird Financial Group, Inc.8,196$202.5K0.00%−22,334−73.2%Reduced
Herold Advisors, Inc.8,200$202.6K0.05%+8,200New
Commerce Bank8,210$202.9K0.00%+8,210New
Fortress Wealth Group, LLC6,000$205.6K0.09%+6,000New
Aspire Capital Advisors LLC8,445$208.7K0.05%+8,445New
Optiver Holding B.V.8,477$209.5K0.00%+8,477New
RIA Advisory Group LLC8,500$210.0K0.05%+8,500New
Scotia Capital Inc.8,576$211.9K0.00%+8,576New
Entropy Technologies, LP8,592$212.3K0.02%−28,010−76.5%Reduced
Bedel Financial Consulting, Inc.8,695$214.9K0.03%+8,695New
KBC Group NV8,839$218.0K0.00%+1,738+24.5%Added
FourThought Financial Partners, LLC8,831$218.2K0.02%+8,831New
Dale Q Rice Investment Management Ltd6,239$218.8K0.15%+6,239New
SRS Capital Advisors, Inc.8,917$220.3K0.00%+2,521+39.4%Added
NewEdge Wealth, LLC7,130$221.2K0.00%+7,130New
Noble Wealth Management PBC9,000$222.4K0.12%+9,000New
Pathstone Holdings, LLC9,157$226.3K0.00%+9,157New
Gainplan LLC9,178$226.8K0.10%+9,178New
Everence Capital Management Inc9,189$227.0K0.01%+9,189New
Wealth Effects LLC9,200$227.3K0.07%+9,200New
The PNC Financial Services Group, Inc.9,229$228.0K0.00%+1,335+16.9%Added
Valeo Financial Advisors, LLC9,235$228.2K0.01%+9,235New
Inspire Advisors, LLC9,309$230.0K0.02%−204,017−95.6%Reduced
Key Client Fiduciary Advisors, LLC9,375$231.7K0.08%+9,375New
Evanson Asset Management, LLC9,484$234.3K0.01%+9,484New
Walled Lake Planning & Wealth Management, LLC9,566$236.4K0.08%+9,566New
PFG Investments, LLC9,590$237.0K0.01%+9,590New
HSBC Holdings PLC9,652$238.5K0.00%−26,962−73.6%Reduced
Amalgamated Bank9,834$243.0K0.00%00.0%Unchanged
Blue Bell Private Wealth Management, LLC9,901$244.7K0.04%+500+5.3%Added
Thrive Capital Management, LLC10,000$247.1K0.06%00.0%Unchanged
KPP Advisory Services LLC10,020$247.6K0.04%+10,020New
Yukon Wealth Management, Inc.10,080$249.1K0.08%+10,080New
LVZ Advisors, Inc.10,203$252.1K0.03%+10,203New
Allworth Financial LP10,362$256.0K0.00%+2,999+40.7%Added
Presilium Private Wealth, LLC10,420$257.5K0.05%+10,420New
Baron Wealth Management LLC10,700$264.4K0.09%00.0%Unchanged
Natixis10,716$264.8K0.00%00.0%Unchanged
Sovereign Financial Group, Inc.10,760$265.9K0.05%−4,540−29.7%Reduced
Wealth Management Associates, Inc.10,911$269.6K0.10%+10,911New
Susquehanna International Group, LLP11,108$274.5K0.00%−2,124,113−99.5%Reduced
Empirical Asset Management, LLC13,948$274.8K0.08%+13,948New
Ridgecrest Wealth Partners, LLC11,191$276.5K0.13%+11,191New
Kingsview Wealth Management, LLC11,237$277.7K0.00%−8,331−42.6%Reduced
Fountainhead AM, LLC11,347$280.4K0.04%+11,347New
OP Asset Management Ltd11,600$286.6K0.00%+5,518+90.7%Added
Princeton Capital Management LLC11,810$291.8K0.08%+11,810New
Cerity Partners LLC10,282$294.1K0.00%+10,282New
Keel Point, LLC11,903$294.1K0.02%+292+2.5%Added
Rossmore Private Capital11,920$294.5K0.03%00.0%Unchanged
JustInvest LLC11,997$296.4K0.00%+11,997New
Clearstead Advisors, LLC12,004$296.6K0.00%−656−5.2%Reduced
TD Waterhouse Canada Inc.11,627$298.0K0.00%+8,196+238.9%Added
Wellington Shields & Co., LLC12,100$299.0K0.08%+12,100New
IHT Wealth Management, LLC12,191$301.2K0.01%−1,209−9.0%Reduced
PFG Advisors12,261$303.0K0.01%+1,188+10.7%Added
Fortis Capital Management LLC12,376$305.8K0.04%+12,376New
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management12,466$308.0K0.01%+12,466New
Accurate Wealth Management, LLC7,170$308.7K0.04%+7,170New
Schneider Downs Wealth Management Advisors, LP12,500$308.9K0.04%00.0%Unchanged
GTS Securities LLC12,726$314.5K0.01%+12,726New
R Squared Ltd12,835$317.2K0.14%+12,835New
Great Valley Advisor Group, Inc.12,871$317.6K0.01%+2,500+24.1%Added
Blue Rock Wealth Management LLC13,200$326.2K0.20%+13,200New
Harbour Capital Advisors, LLC9,350$334.0K0.07%+9,350New
Fox Hill Wealth Management13,609$336.3K0.16%+13,609New