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 |
|---|---|---|---|---|---|
| Millennium Management LLC | 252,571 | $6.24M | 0.00% | −127,906−33.6% | Reduced |
| Citadel Advisors LLC | 253,159 | $6.26M | 0.01% | +169,057+201.0% | Added |
| Cambridge Investment Research Advisors, Inc. | 269,870 | $6.67M | 0.02% | +116,481+75.9% | Added |
| California State Teachers Retirement System | 291,592 | $7.21M | 0.01% | +16,762+6.1% | Added |
| Legal & General Group Plc | 327,161 | $8.08M | 0.00% | +7,500+2.3% | Added |
| Alliancebernstein L.P. | 356,191 | $8.80M | 0.00% | +43,179+13.8% | Added |
| Emerald Mutual Fund Advisers Trust | 358,640 | $8.86M | 0.46% | +8,300+2.4% | Added |
| Man Group plc | 380,637 | $9.41M | 0.02% | −1,431,860−79.0% | Reduced |
| Stifel Financial Corp | 381,218 | $9.42M | 0.01% | +303,340+389.5% | Added |
| McGuire Investment Group, LLC | 395,778 | $9.78M | 1.11% | +28,968+7.9% | Added |
| Foundations Investment Advisors, LLC | 410,982 | $10.2M | 0.15% | +1,757+0.4% | Added |
| Wells Fargo & Company | 432,150 | $10.7M | 0.00% | +98,363+29.5% | Added |
| Simplex Trading, LLC | 449,601 | $11.1M | 0.25% | +370,856+471.0% | Added |
| Rhumbline Advisers | 455,108 | $11.2M | 0.01% | +36,625+8.8% | Added |
| Barclays PLC | 471,827 | $11.7M | 0.00% | −104,958−18.2% | Reduced |
| Sculptor Capital LP | 473,800 | $11.7M | 0.16% | −84,800−15.2% | Reduced |
| Squarepoint Ops LLC | 486,951 | $12.0M | 0.03% | +474,516+3,816.0% | Added |
| Emerald Advisers, LLC | 547,249 | $13.5M | 0.43% | −10,814−1.9% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 569,743 | $14.1M | 0.34% | +512,460+894.6% | Added |
| Van Eck Associates Corp | 571,874 | $14.1M | 0.01% | +461,173+416.6% | Added |
| Raymond James Financial Inc | 597,189 | $14.8M | 0.00% | −40,237−6.3% | Reduced |
| Macquarie Group Ltd | 598,107 | $14.8M | 0.02% | +598,107 | New |
| Swiss National Bank | 599,100 | $14.8M | 0.01% | +49,200+8.9% | Added |
| SG Americas Securities, LLC | 602,305 | $14.9M | 0.05% | −377,833−38.5% | Reduced |
| Erste Asset Management GmbH | 601,350 | $15.2M | 0.15% | +601,350 | New |
| UBS Asset Management Americas Inc | 634,492 | $15.7M | 0.00% | −382,487−37.6% | Reduced |
| Virtu Financial LLC | 640,330 | $15.8M | 0.88% | +321,039+100.5% | Added |
| Ameriprise Financial Inc | 665,320 | $16.4M | 0.00% | +235,200+54.7% | Added |
| Cubist Systematic Strategies, LLC | 675,561 | $16.7M | 0.24% | +675,561 | New |
| Lord, Abbett & Co. LLC | 757,385 | $18.7M | 0.06% | +548,882+263.2% | Added |
| Invesco Ltd. | 838,162 | $20.7M | 0.00% | +679,580+428.5% | Added |
| Royal Bank of Canada | 845,908 | $20.9M | 0.00% | −577,668−40.6% | Reduced |
| Goldman Sachs Group Inc | 862,033 | $21.3M | 0.00% | −168,127−16.3% | Reduced |
| LPL Financial LLC | 887,218 | $21.9M | 0.01% | +413,152+87.2% | Added |
| Two Sigma Investments, LP | 1,045,882 | $25.8M | 0.04% | +698,600+201.2% | Added |
| Bank of New York Mellon Corp | 1,052,109 | $26.0M | 0.00% | +138,754+15.2% | Added |
| Tudor Investment Corp Et Al | 1,247,528 | $30.8M | 0.20% | +420,112+50.8% | Added |
| FMR LLC | 1,309,074 | $32.3M | 0.00% | +1,190,003+999.4% | Added |
| Nuveen, LLC | 1,328,872 | $32.8M | 0.01% | −120,343−8.3% | Reduced |
| HRT Financial LP | 1,354,621 | $33.5M | 0.12% | +1,075,977+386.1% | Added |
| JPMorgan Chase & Co | 1,551,634 | $38.3M | 0.00% | +15,535+1.0% | Added |
| Penserra Capital Management LLC | 1,677,356 | $41.4M | 0.50% | +507,409+43.4% | Added |
| Renaissance Technologies LLC | 2,253,542 | $55.7M | 0.07% | −1,537,800−40.6% | Reduced |
| Driehaus Capital Management LLC | 2,443,818 | $60.4M | 0.43% | +1,234,071+102.0% | Added |
| Marex Group plc | 2,626,156 | $65.3M | 0.81% | −2,843,135−52.0% | Reduced |
| Northern Trust Corp | 2,792,035 | $69.0M | 0.01% | +407,727+17.1% | Added |
| Charles Schwab Investment Management Inc | 2,904,711 | $71.8M | 0.01% | +2,046,737+238.6% | Added |
| Clear Street Group Inc. | 3,049,148 | $75.3M | 0.37% | +3,049,148 | New |
| UNICOM Systems, Inc. | 3,121,346 | $77.1M | 7.62% | +337,838+12.1% | Added |
| Price T Rowe Associates Inc | 4,580,769 | $113.2M | 0.01% | +3,745,315+448.3% | Added |
| Bank of America Corp | 5,406,114 | $133.6M | 0.01% | −9,325,387−63.3% | Reduced |
| Morgan Stanley | 6,340,745 | $156.7M | 0.01% | +1,954,377+44.6% | Added |
| State Street Corp | 7,321,276 | $180.9M | 0.01% | +672,881+10.1% | Added |
| Geode Capital Management, LLC | 7,528,321 | $186.8M | 0.01% | +1,116,763+17.4% | Added |
| UBS Group AG | 12,089,703 | $298.7M | 0.06% | +10,205,427+541.6% | Added |
| D. E. Shaw & Co., Inc. | 13,648,352 | $337.3M | 0.27% | +947,141+7.5% | Added |
| BlackRock, Inc. | 26,201,235 | $647.4M | 0.01% | +2,975,256+12.8% | Added |
| Vanguard Group Inc | 38,454,869 | $950.2M | 0.01% | +11,218,255+41.2% | Added |
| Summit Wealth Group LLC | 2,715 | – | – | +2,715 | New |
| Arrowstreet Capital, Limited Partnership | 0 | $0 | 0.00% | −3,099,209−100.0% | Sold out |
| Hudson Bay Capital Management LP | 0 | $0 | 0.00% | −431,433−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −388,588−100.0% | Sold out |
| Davidson Kempner Capital Management LP | 0 | $0 | 0.00% | −250,000−100.0% | Sold out |
| BI Asset Management Fondsmaeglerselskab A/S | 0 | $0 | 0.00% | −172,013−100.0% | Sold out |
| BCJ Capital Management, LLC | 0 | $0 | 0.00% | −143,989−100.0% | Sold out |
| Cornerstone Advisory, LLC | 0 | $0 | 0.00% | −80,474−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −63,536−100.0% | Sold out |
| Galaxy Group Investments LLC | 0 | $0 | 0.00% | −35,000−100.0% | Sold out |
| Eqis Capital Management, Inc. | 0 | $0 | 0.00% | −29,233−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −25,824−100.0% | Sold out |
| Curbstone Financial Management Corp | 0 | $0 | 0.00% | −23,800−100.0% | Sold out |
| Change Path, LLC | 0 | $0 | 0.00% | −22,232−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −21,911−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −21,751−100.0% | Sold out |
| World Equity Group, Inc. | 0 | $0 | 0.00% | −20,610−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −16,350−100.0% | Sold out |
| Adviser Investments LLC | 0 | $0 | 0.00% | −14,500−100.0% | Sold out |
| United Capital Management of KS, Inc. | 0 | $0 | 0.00% | −12,310−100.0% | Sold out |
| GM Advisory Group, Inc. | 0 | $0 | 0.00% | −10,200−100.0% | Sold out |
| Park Square Financial Group, LLC | 0 | $0 | 0.00% | −4,225−100.0% | Sold out |
| Chung Wu Investment Group, LLC | 0 | $0 | 0.00% | −1,600−100.0% | Sold out |
| Aster Capital Management (DIFC) Ltd | 0 | $0 | 0.00% | −850−100.0% | Sold out |
| Riggs Asset Managment Co. Inc. | 0 | $0 | 0.00% | −800−100.0% | Sold out |
| Concord Wealth Partners | 0 | $0 | 0.00% | −500−100.0% | Sold out |
| Walleye Trading LLC | 0 | $0 | 0.00% | −380−100.0% | Sold out |
| Skopos Labs, Inc. | 0 | $0 | 0.00% | −158−100.0% | Sold out |
| Abound Wealth Management | 0 | $0 | 0.00% | −137−100.0% | Sold out |
| Toronto Dominion Bank | 0 | $0 | 0.00% | −93−100.0% | Sold out |
| Crowley Wealth Management, Inc. | 0 | $0 | 0.00% | −50−100.0% | Sold out |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0 | $0 | 0.00% | 0 | Sold out |
| Clear Street LLC | – | – | – | – | Not filed |
| Avantax Advisory Services, Inc. | – | – | – | – | Not filed |
| CIBC World Markets Corp | – | – | – | – | Not filed |
| Atria Wealth Solutions, Inc. | – | – | – | – | Not filed |
| Total Wealth Planning & Management, Inc. | – | – | – | – | Not filed |
| Legacy Investment Solutions, LLC | – | – | – | – | Not filed |