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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
MML Investors Services, LLC24,153$596.8K0.00%+581+2.5%Added
SummitTX Capital, L.P.24,147$596.7K0.02%+8,933+58.7%Added
Prosperity Wealth Management, Inc.24,035$593.9K0.20%+5,735+31.3%Added
Xponance, Inc.23,940$591.6K0.00%+1,597+7.1%Added
Principal Financial Group Inc23,659$584.6K0.00%+3,161+15.4%Added
Summit Financial, LLC23,127$571.5K0.01%+23,127New
US Bancorp23,090$570.6K0.00%+9,814+73.9%Added
Steward Partners Investment Advisory, LLC21,671$535.5K0.00%+4,438+25.8%Added
Stratos Wealth Partners, LTD.21,599$533.7K0.01%+21,599New
SeaCrest Wealth Management, LLC15,538$532.2K0.06%−991−6.0%Reduced
Wealth Quarterback LLC20,939$517.4K0.20%+20,939New
Truist Financial Corp20,802$514.0K0.00%+1,082+5.5%Added
Cresset Asset Management, LLC20,696$511.4K0.00%−5,840−22.0%Reduced
Beacon Pointe Advisors, LLC20,664$510.6K0.00%+20,664New
Independent Financial Group, LLC20,237$500.1K0.01%+8,420+71.3%Added
National Asset Management, Inc.20,201$499.2K0.02%+6,367+46.0%Added
HAP Trading, LLC19,856$490.6K0.14%+19,856New
Marshall Wace, LLP19,804$489.4K0.00%−210,577−91.4%Reduced
Regal Investment Advisors LLC19,729$487.5K0.03%+2,530+14.7%Added
Arete Wealth Advisors, LLC19,571$484.0K0.03%+4,710+31.7%Added
Farther Finance Advisors, LLC19,536$482.7K0.01%+3,215+19.7%Added
RSM US Wealth Management LLC19,480$481.4K0.01%+1,021+5.5%Added
Natixis Advisors, L.P.19,450$481.0K0.00%+19,450New
Lido Advisors, LLC19,139$472.9K0.00%+19,139New
Lauer Wealth, LLC10,500$470.2K0.35%−150−1.4%Reduced
DMG Group, LLC18,848$465.7K0.32%+3,405+22.0%Added
Kingswood Wealth Advisors, LLC18,739$463.0K0.03%−5,106−21.4%Reduced
Focus Financial Network, Inc.18,478$456.6K0.02%−13,917−43.0%Reduced
one8zero8, LLC17,475$431.8K0.09%+17,475New
Bank of Montreal17,232$425.8K0.00%+266+1.6%Added
Total Clarity Wealth Management, Inc.16,910$417.8K0.11%−48,791−74.3%Reduced
Allspring Global Investments Holdings, LLC16,279$417.2K0.00%+1,670+11.4%Added
Ashton Thomas Private Wealth, LLC16,800$415.1K0.01%+16,800New
Sowell Financial Services LLC16,738$413.6K0.02%+16,738New
Verity Asset Management, Inc.16,537$408.6K0.13%−968−5.5%Reduced
CWM Advisors, LLC16,387$404.9K0.04%−5,775−26.1%Reduced
Mackenzie Financial Corp16,315$403.1K0.00%+5,175+46.5%Added
XTX Topco Ltd16,286$402.4K0.02%−112,325−87.3%Reduced
Global Retirement Partners, LLC16,232$401.1K0.01%+8,673+114.7%Added
Sigma Planning Corp15,769$389.6K0.01%+15,769New
Quantessence Capital LLC15,547$384.2K0.12%+15,547New
Chicago Partners Investment Group LLC11,971$383.1K0.01%−3,766−23.9%Reduced
Ascent Wealth Partners, LLC15,427$381.2K0.04%+2,880+23.0%Added
Janney Montgomery Scott LLC15,375$380.0K0.00%+15,375New
Buckingham Strategic Partners13,006$379.4K0.00%+13,006New
Capital Advisors Wealth Management, LLC15,276$377.5K0.05%+15,276New
Prakash Investment Advisors LLC15,267$377.2K0.27%+15,267New
Masso Torrence Wealth Management Inc.15,150$374.4K0.16%+5,150+51.5%Added
Marathon Trading Investment Management LLC15,000$370.6K0.16%+15,000New
D.A. Davidson & Co.14,465$357.4K0.00%+14,465New
Savvy Advisors, Inc.14,201$350.9K0.02%−24,342−63.2%Reduced
Pensionmark Financial Group, LLC14,099$348.4K0.01%+1,105+8.5%Added
Tower Research Capital LLC (TRC)14,067$347.6K0.01%−63,097−81.8%Reduced
Swiss Life Asset Management Ltd13,957$344.9K0.00%+13,957New
Jane Street Group, LLC13,927$344.1K0.00%−1,196,729−98.8%Reduced
Stephens Inc13,926$344.1K0.00%+13,926New
Integrated Wealth Concepts LLC13,918$343.9K0.00%+13,918New
CIBC World Markets Inc.13,863$342.6K0.00%+13,863New
Fox Hill Wealth Management13,609$336.3K0.16%+13,609New
Harbour Capital Advisors, LLC9,350$334.0K0.07%+9,350New
Blue Rock Wealth Management LLC13,200$326.2K0.20%+13,200New
Great Valley Advisor Group, Inc.12,871$317.6K0.01%+2,500+24.1%Added
R Squared Ltd12,835$317.2K0.14%+12,835New
GTS Securities LLC12,726$314.5K0.01%+12,726New
Schneider Downs Wealth Management Advisors, LP12,500$308.9K0.04%00.0%Unchanged
Accurate Wealth Management, LLC7,170$308.7K0.04%+7,170New
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management12,466$308.0K0.01%+12,466New
Fortis Capital Management LLC12,376$305.8K0.04%+12,376New
PFG Advisors12,261$303.0K0.01%+1,188+10.7%Added
IHT Wealth Management, LLC12,191$301.2K0.01%−1,209−9.0%Reduced
Wellington Shields & Co., LLC12,100$299.0K0.08%+12,100New
TD Waterhouse Canada Inc.11,627$298.0K0.00%+8,196+238.9%Added
Clearstead Advisors, LLC12,004$296.6K0.00%−656−5.2%Reduced
JustInvest LLC11,997$296.4K0.00%+11,997New
Rossmore Private Capital11,920$294.5K0.03%00.0%Unchanged
Keel Point, LLC11,903$294.1K0.02%+292+2.5%Added
Cerity Partners LLC10,282$294.1K0.00%+10,282New
Princeton Capital Management LLC11,810$291.8K0.08%+11,810New
OP Asset Management Ltd11,600$286.6K0.00%+5,518+90.7%Added
Fountainhead AM, LLC11,347$280.4K0.04%+11,347New
Kingsview Wealth Management, LLC11,237$277.7K0.00%−8,331−42.6%Reduced
Ridgecrest Wealth Partners, LLC11,191$276.5K0.13%+11,191New
Empirical Asset Management, LLC13,948$274.8K0.08%+13,948New
Susquehanna International Group, LLP11,108$274.5K0.00%−2,124,113−99.5%Reduced
Wealth Management Associates, Inc.10,911$269.6K0.10%+10,911New
Sovereign Financial Group, Inc.10,760$265.9K0.05%−4,540−29.7%Reduced
Natixis10,716$264.8K0.00%00.0%Unchanged
Baron Wealth Management LLC10,700$264.4K0.09%00.0%Unchanged
Presilium Private Wealth, LLC10,420$257.5K0.05%+10,420New
Allworth Financial LP10,362$256.0K0.00%+2,999+40.7%Added
LVZ Advisors, Inc.10,203$252.1K0.03%+10,203New
Yukon Wealth Management, Inc.10,080$249.1K0.08%+10,080New
KPP Advisory Services LLC10,020$247.6K0.04%+10,020New
Thrive Capital Management, LLC10,000$247.1K0.06%00.0%Unchanged
Blue Bell Private Wealth Management, LLC9,901$244.7K0.04%+500+5.3%Added
Amalgamated Bank9,834$243.0K0.00%00.0%Unchanged
HSBC Holdings PLC9,652$238.5K0.00%−26,962−73.6%Reduced
PFG Investments, LLC9,590$237.0K0.01%+9,590New
Walled Lake Planning & Wealth Management, LLC9,566$236.4K0.08%+9,566New
Evanson Asset Management, LLC9,484$234.3K0.01%+9,484New