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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
CIBC World Markets Inc.13,863$342.6K0.00%+13,863New
Integrated Wealth Concepts LLC13,918$343.9K0.00%+13,918New
Stephens Inc13,926$344.1K0.00%+13,926New
Jane Street Group, LLC13,927$344.1K0.00%−1,196,729−98.8%Reduced
Swiss Life Asset Management Ltd13,957$344.9K0.00%+13,957New
Tower Research Capital LLC (TRC)14,067$347.6K0.01%−63,097−81.8%Reduced
Pensionmark Financial Group, LLC14,099$348.4K0.01%+1,105+8.5%Added
Savvy Advisors, Inc.14,201$350.9K0.02%−24,342−63.2%Reduced
D.A. Davidson & Co.14,465$357.4K0.00%+14,465New
Marathon Trading Investment Management LLC15,000$370.6K0.16%+15,000New
Masso Torrence Wealth Management Inc.15,150$374.4K0.16%+5,150+51.5%Added
Prakash Investment Advisors LLC15,267$377.2K0.27%+15,267New
Capital Advisors Wealth Management, LLC15,276$377.5K0.05%+15,276New
Buckingham Strategic Partners13,006$379.4K0.00%+13,006New
Janney Montgomery Scott LLC15,375$380.0K0.00%+15,375New
Ascent Wealth Partners, LLC15,427$381.2K0.04%+2,880+23.0%Added
Chicago Partners Investment Group LLC11,971$383.1K0.01%−3,766−23.9%Reduced
Quantessence Capital LLC15,547$384.2K0.12%+15,547New
Sigma Planning Corp15,769$389.6K0.01%+15,769New
Global Retirement Partners, LLC16,232$401.1K0.01%+8,673+114.7%Added
XTX Topco Ltd16,286$402.4K0.02%−112,325−87.3%Reduced
Mackenzie Financial Corp16,315$403.1K0.00%+5,175+46.5%Added
CWM Advisors, LLC16,387$404.9K0.04%−5,775−26.1%Reduced
Verity Asset Management, Inc.16,537$408.6K0.13%−968−5.5%Reduced
Sowell Financial Services LLC16,738$413.6K0.02%+16,738New
Ashton Thomas Private Wealth, LLC16,800$415.1K0.01%+16,800New
Allspring Global Investments Holdings, LLC16,279$417.2K0.00%+1,670+11.4%Added
Total Clarity Wealth Management, Inc.16,910$417.8K0.11%−48,791−74.3%Reduced
Bank of Montreal17,232$425.8K0.00%+266+1.6%Added
one8zero8, LLC17,475$431.8K0.09%+17,475New
Focus Financial Network, Inc.18,478$456.6K0.02%−13,917−43.0%Reduced
Kingswood Wealth Advisors, LLC18,739$463.0K0.03%−5,106−21.4%Reduced
DMG Group, LLC18,848$465.7K0.32%+3,405+22.0%Added
Lauer Wealth, LLC10,500$470.2K0.35%−150−1.4%Reduced
Lido Advisors, LLC19,139$472.9K0.00%+19,139New
Natixis Advisors, L.P.19,450$481.0K0.00%+19,450New
RSM US Wealth Management LLC19,480$481.4K0.01%+1,021+5.5%Added
Farther Finance Advisors, LLC19,536$482.7K0.01%+3,215+19.7%Added
Arete Wealth Advisors, LLC19,571$484.0K0.03%+4,710+31.7%Added
Regal Investment Advisors LLC19,729$487.5K0.03%+2,530+14.7%Added
Marshall Wace, LLP19,804$489.4K0.00%−210,577−91.4%Reduced
HAP Trading, LLC19,856$490.6K0.14%+19,856New
National Asset Management, Inc.20,201$499.2K0.02%+6,367+46.0%Added
Independent Financial Group, LLC20,237$500.1K0.01%+8,420+71.3%Added
Beacon Pointe Advisors, LLC20,664$510.6K0.00%+20,664New
Cresset Asset Management, LLC20,696$511.4K0.00%−5,840−22.0%Reduced
Truist Financial Corp20,802$514.0K0.00%+1,082+5.5%Added
Wealth Quarterback LLC20,939$517.4K0.20%+20,939New
SeaCrest Wealth Management, LLC15,538$532.2K0.06%−991−6.0%Reduced
Stratos Wealth Partners, LTD.21,599$533.7K0.01%+21,599New
Steward Partners Investment Advisory, LLC21,671$535.5K0.00%+4,438+25.8%Added
US Bancorp23,090$570.6K0.00%+9,814+73.9%Added
Summit Financial, LLC23,127$571.5K0.01%+23,127New
Principal Financial Group Inc23,659$584.6K0.00%+3,161+15.4%Added
Xponance, Inc.23,940$591.6K0.00%+1,597+7.1%Added
Prosperity Wealth Management, Inc.24,035$593.9K0.20%+5,735+31.3%Added
SummitTX Capital, L.P.24,147$596.7K0.02%+8,933+58.7%Added
MML Investors Services, LLC24,153$596.8K0.00%+581+2.5%Added
Capital Advisory Group Advisory Services, LLC24,173$597.3K0.19%+2,006+9.0%Added
CI Private Wealth, LLC24,478$604.9K0.00%−8,850−26.6%Reduced
Brown Advisory Inc25,000$617.8K0.00%00.0%Unchanged
Moore Capital Management, LP25,000$617.8K0.01%+25,000New
Weiss Asset Management LP25,038$618.7K0.01%+25,038New
Geneos Wealth Management Inc.25,379$627.1K0.02%+330+1.3%Added
Kovitz Investment Group Partners, LLC25,442$628.7K0.00%−6,485−20.3%Reduced
Ameritas Investment Partners, Inc.25,825$638.1K0.02%−3,601−12.2%Reduced
Ieq Capital, LLC25,986$642.1K0.00%+25,986New
TCG Advisory Services, LLC26,411$652.6K0.02%+13,221+100.2%Added
AlphaStar Capital Management, LLC26,471$654.1K0.06%−84−0.3%Reduced
Virginia Retirement Systems Et Al26,500$654.8K0.00%+26,500New
Diversify Advisory Services, LLC20,176$667.6K0.02%+2,221+12.4%Added
Verition Fund Management LLC27,420$677.5K0.00%−91,019−76.8%Reduced
Oak Harvest Investment Services27,500$679.5K0.08%+17,500+175.0%Added
Veracity Capital LLC27,630$682.7K0.22%+2,317+9.2%Added
bLong Financial, LLC28,493$704.1K0.49%+3,850+15.6%Added
Kestra Private Wealth Services, LLC28,682$708.7K0.01%+16,564+136.7%Added
J.W. Cole Advisors, Inc.28,779$711.1K0.01%+4,734+19.7%Added
Picton Mahoney Asset Management28,991$716.0K0.01%+28,991New
Quest Partners LLC29,127$719.7K0.05%+4,502+18.3%Added
Wealthfront Advisers LLC29,347$725.2K0.00%+15,378+110.1%Added
Axxcess Wealth Management, LLC29,731$734.7K0.02%+13,172+79.5%Added
Mercer Global Advisors Inc29,952$740.1K0.00%−175−0.6%Reduced
Public Employees Retirement Association of Colorado30,059$743.0K0.00%00.0%Unchanged
Concurrent Investment Advisors, LLC30,234$747.1K0.01%+30,234New
Carroll Investors, Inc30,485$753.3K0.36%00.0%Unchanged
Nations Financial Group Inc,30,943$764.6K0.05%+1,202+4.0%Added
Leonteq Securities AG31,678$782.8K0.04%−116,930−78.7%Reduced
BayBridge Capital Group, LLC31,714$783.7K0.50%−11,530−26.7%Reduced
Warren Averett Asset Management, LLC32,148$794.4K0.01%+6,183+23.8%Added
CIBC Bancorp USA Inc.32,951$814.2K0.00%+32,951New
Wealth Management Partners, LLC33,338$823.8K0.26%+16,933+103.2%Added
Strategic Advocates LLC33,715$833.1K0.22%+2,050+6.5%Added
Ameriflex Group, Inc.33,850$836.4K0.31%+10,720+46.3%Added
WBI Investments34,176$844.5K0.22%+34,176New
Independent Advisor Alliance35,000$864.9K0.02%+4,497+14.7%Added
Blackstone Group Inc.35,191$869.6K0.00%+35,191New
Blair William & Co35,317$872.7K0.00%+7,354+26.3%Added
Sanctuary Advisors, LLC35,475$876.6K0.01%+18,983+115.1%Added
Csenge Advisory Group35,886$886.7K0.04%+17,860+99.1%Added
Comerica Bank36,443$900.5K0.00%+643+1.8%Added