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 |
|---|---|---|---|---|---|
| National Bank of Canada | 103,133 | $2.55M | 0.00% | +34,090+49.4% | Added |
| New York State Common Retirement Fund | 100,329 | $2.48M | 0.00% | +7,200+7.7% | Added |
| Franklin Resources Inc | 99,765 | $2.47M | 0.00% | −3,147−3.1% | Reduced |
| Caitong International Asset Management Co., Ltd | 96,248 | $2.38M | 1.65% | +75,807+370.9% | Added |
| IMC-Chicago, LLC | 92,126 | $2.28M | 0.04% | −11,245−10.9% | Reduced |
| Arizona State Retirement System | 91,424 | $2.26M | 0.01% | +7,427+8.8% | Added |
| Intech Investment Management LLC | 88,850 | $2.20M | 0.02% | −107,035−54.6% | Reduced |
| Brown Miller Wealth Management, LLC | 86,267 | $2.13M | 0.60% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 85,973 | $2.12M | 0.02% | +20,518+31.3% | Added |
| Banque Pictet & Cie SA | 85,000 | $2.10M | 0.02% | +85,000 | New |
| Oppenheimer & Co Inc | 84,367 | $2.08M | 0.03% | +3,932+4.9% | Added |
| Citizens Financial Group Inc | 78,410 | $1.94M | 0.03% | −917−1.2% | Reduced |
| Marietta Investment Partners LLC | 77,760 | $1.92M | 0.37% | +15,350+24.6% | Added |
| Vontobel Holding Ltd. | 74,586 | $1.84M | 0.01% | −30,764−29.2% | Reduced |
| Parallax Volatility Advisers, L.P. | 73,749 | $1.82M | 0.05% | +73,749 | New |
| Wealth Enhancement Advisory Services, LLC | 49,621 | $1.77M | 0.00% | +17,906+56.5% | Added |
| SEI Investments Co | 69,937 | $1.73M | 0.00% | −1,444−2.0% | Reduced |
| Main Management ETF Advisors, LLC | 68,975 | $1.70M | 0.06% | −85,667−55.4% | Reduced |
| Limestone Investment Advisors LP | 68,161 | $1.68M | 0.76% | +68,161 | New |
| Wolverine Trading, LLC | 66,479 | $1.68M | 0.03% | −55,859−45.7% | Reduced |
| KLP Kapitalforvaltning AS | 64,500 | $1.59M | 0.01% | +6,700+11.6% | Added |
| Los Angeles Capital Management LLC | 63,901 | $1.58M | 0.01% | −2,791−4.2% | Reduced |
| State Board of Administration of Florida Retirement System | 62,968 | $1.56M | 0.00% | +24,858+65.2% | Added |
| Florida Financial Advisors, LLC | 61,989 | $1.53M | 0.47% | +29,007+87.9% | Added |
| Kovack Advisors, Inc. | 59,610 | $1.47M | 0.14% | −44,780−42.9% | Reduced |
| Dimensional Fund Advisors LP | 56,868 | $1.41M | 0.00% | +56,868 | New |
| Voya Investment Management LLC | 55,803 | $1.38M | 0.00% | −23,250−29.4% | Reduced |
| STRS Ohio | 55,100 | $1.36M | 0.00% | +11,500+26.4% | Added |
| Mutual Advisors, LLC | 43,257 | $1.34M | 0.03% | +43,257 | New |
| ProShare Advisors LLC | 53,717 | $1.33M | 0.00% | −6,383−10.6% | Reduced |
| GWM Advisors LLC | 53,280 | $1.32M | 0.01% | +10,907+25.7% | Added |
| WCG Wealth Advisors LLC | 53,221 | $1.32M | 0.08% | +53,221 | New |
| Colony Group, LLC | 52,976 | $1.31M | 0.00% | +3,902+8.0% | Added |
| Nisa Investment Advisors, LLC | 51,853 | $1.28M | 0.00% | +45,735+747.5% | Added |
| Prudential Financial Inc | 50,845 | $1.26M | 0.00% | −10,230−16.7% | Reduced |
| Navellier & Associates Inc | 50,788 | $1.25M | 0.13% | +19,615+62.9% | Added |
| Ensign Peak Advisors, Inc | 50,350 | $1.24M | 0.00% | −23,500−31.8% | Reduced |
| Federation des caisses Desjardins du Quebec | 49,050 | $1.21M | 0.00% | −21,687−30.7% | Reduced |
| Qsemble Capital Management, LP | 47,993 | $1.19M | 0.12% | +47,993 | New |
| Flagship Harbor Advisors, LLC | 47,740 | $1.18M | 0.05% | +1,000+2.1% | Added |
| Citigroup Inc | 47,696 | $1.18M | 0.00% | −74,131−60.8% | Reduced |
| Triton Wealth Management, PLLC | 32,890 | $1.18M | 0.45% | +150+0.5% | Added |
| Private Advisor Group, LLC | 46,268 | $1.14M | 0.01% | −19,154−29.3% | Reduced |
| Vident Advisory, LLC | 45,801 | $1.13M | 0.01% | +45,801 | New |
| Balyasny Asset Management LLC | 45,548 | $1.13M | 0.00% | +45,548 | New |
| Eagle Strategies LLC | 44,475 | $1.10M | 0.15% | +44,475 | New |
| SPX Equities Gestao de Recursos Ltda | 44,000 | $1.09M | 0.09% | +44,000 | New |
| Envestnet Asset Management Inc | 43,075 | $1.06M | 0.00% | +10,067+30.5% | Added |
| Pictet Asset Management Holding SA | 42,287 | $1.04M | 0.00% | +6,052+16.7% | Added |
| Hennion & Walsh Asset Management, Inc. | 41,820 | $1.03M | 0.04% | +14,137+51.1% | Added |
| Modus Advisors, LLC | 41,751 | $1.03M | 0.28% | +21,713+108.4% | Added |
| Advisory Services Network, LLC | 40,542 | $1.00M | 0.01% | +2,703+7.1% | Added |
| Teacher Retirement System of Texas | 40,328 | $996.5K | 0.00% | −3,380−7.7% | Reduced |
| Laidlaw Wealth Management LLC | 39,113 | $966.5K | 2.30% | +416+1.1% | Added |
| Gotham Asset Management, LLC | 38,993 | $963.5K | 0.00% | −126,724−76.5% | Reduced |
| Captrust Financial Advisors | 38,210 | $944.2K | 0.00% | +19,756+107.1% | Added |
| Victory Capital Management Inc | 37,602 | $929.1K | 0.00% | +2,380+6.8% | Added |
| Groupe la Francaise | 42,950 | $925.7K | 0.01% | +42,950 | New |
| Comerica Bank | 36,443 | $900.5K | 0.00% | +643+1.8% | Added |
| Csenge Advisory Group | 35,886 | $886.7K | 0.04% | +17,860+99.1% | Added |
| Sanctuary Advisors, LLC | 35,475 | $876.6K | 0.01% | +18,983+115.1% | Added |
| Blair William & Co | 35,317 | $872.7K | 0.00% | +7,354+26.3% | Added |
| Blackstone Group Inc. | 35,191 | $869.6K | 0.00% | +35,191 | New |
| Independent Advisor Alliance | 35,000 | $864.9K | 0.02% | +4,497+14.7% | Added |
| WBI Investments | 34,176 | $844.5K | 0.22% | +34,176 | New |
| Ameriflex Group, Inc. | 33,850 | $836.4K | 0.31% | +10,720+46.3% | Added |
| Strategic Advocates LLC | 33,715 | $833.1K | 0.22% | +2,050+6.5% | Added |
| Wealth Management Partners, LLC | 33,338 | $823.8K | 0.26% | +16,933+103.2% | Added |
| CIBC Bancorp USA Inc. | 32,951 | $814.2K | 0.00% | +32,951 | New |
| Warren Averett Asset Management, LLC | 32,148 | $794.4K | 0.01% | +6,183+23.8% | Added |
| BayBridge Capital Group, LLC | 31,714 | $783.7K | 0.50% | −11,530−26.7% | Reduced |
| Leonteq Securities AG | 31,678 | $782.8K | 0.04% | −116,930−78.7% | Reduced |
| Nations Financial Group Inc, | 30,943 | $764.6K | 0.05% | +1,202+4.0% | Added |
| Carroll Investors, Inc | 30,485 | $753.3K | 0.36% | 00.0% | Unchanged |
| Concurrent Investment Advisors, LLC | 30,234 | $747.1K | 0.01% | +30,234 | New |
| Public Employees Retirement Association of Colorado | 30,059 | $743.0K | 0.00% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 29,952 | $740.1K | 0.00% | −175−0.6% | Reduced |
| Axxcess Wealth Management, LLC | 29,731 | $734.7K | 0.02% | +13,172+79.5% | Added |
| Wealthfront Advisers LLC | 29,347 | $725.2K | 0.00% | +15,378+110.1% | Added |
| Quest Partners LLC | 29,127 | $719.7K | 0.05% | +4,502+18.3% | Added |
| Picton Mahoney Asset Management | 28,991 | $716.0K | 0.01% | +28,991 | New |
| J.W. Cole Advisors, Inc. | 28,779 | $711.1K | 0.01% | +4,734+19.7% | Added |
| Kestra Private Wealth Services, LLC | 28,682 | $708.7K | 0.01% | +16,564+136.7% | Added |
| bLong Financial, LLC | 28,493 | $704.1K | 0.49% | +3,850+15.6% | Added |
| Veracity Capital LLC | 27,630 | $682.7K | 0.22% | +2,317+9.2% | Added |
| Oak Harvest Investment Services | 27,500 | $679.5K | 0.08% | +17,500+175.0% | Added |
| Verition Fund Management LLC | 27,420 | $677.5K | 0.00% | −91,019−76.8% | Reduced |
| Diversify Advisory Services, LLC | 20,176 | $667.6K | 0.02% | +2,221+12.4% | Added |
| Virginia Retirement Systems Et Al | 26,500 | $654.8K | 0.00% | +26,500 | New |
| AlphaStar Capital Management, LLC | 26,471 | $654.1K | 0.06% | −84−0.3% | Reduced |
| TCG Advisory Services, LLC | 26,411 | $652.6K | 0.02% | +13,221+100.2% | Added |
| Ieq Capital, LLC | 25,986 | $642.1K | 0.00% | +25,986 | New |
| Ameritas Investment Partners, Inc. | 25,825 | $638.1K | 0.02% | −3,601−12.2% | Reduced |
| Kovitz Investment Group Partners, LLC | 25,442 | $628.7K | 0.00% | −6,485−20.3% | Reduced |
| Geneos Wealth Management Inc. | 25,379 | $627.1K | 0.02% | +330+1.3% | Added |
| Weiss Asset Management LP | 25,038 | $618.7K | 0.01% | +25,038 | New |
| Brown Advisory Inc | 25,000 | $617.8K | 0.00% | 00.0% | Unchanged |
| Moore Capital Management, LP | 25,000 | $617.8K | 0.01% | +25,000 | New |
| CI Private Wealth, LLC | 24,478 | $604.9K | 0.00% | −8,850−26.6% | Reduced |
| Capital Advisory Group Advisory Services, LLC | 24,173 | $597.3K | 0.19% | +2,006+9.0% | Added |