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, Q4 2025
Institutional positions in D-Wave Quantum Inc. as of Dec 31, 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
- 511
- +59 vs. Q3 2025
- Shares held
- 169.3M
- −12.6M (−6.9%) vs. Q3 2025
- Total value
- $4.43B
- −$67.6M (−1.5%) vs. Q3 2025
- New holders
- 135
- 182 more added
- Sold out
- 76
- 146 more reduced
7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding D-Wave Quantum Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 36,909,069 | $965.2M | 0.01% | −1,545,800−4.0% | Reduced |
| BlackRock, Inc. | 28,198,441 | $737.4M | 0.01% | +1,997,206+7.6% | Added |
| UBS Group AG | 10,263,434 | $268.4M | 0.05% | −1,826,269−15.1% | Reduced |
| Geode Capital Management, LLC | 8,394,726 | $220.1M | 0.01% | +866,405+11.5% | Added |
| State Street Corp | 7,707,085 | $201.5M | 0.01% | +385,809+5.3% | Added |
| Marex Group plc | 4,592,656 | $120.1M | 1.30% | +1,966,500+74.9% | Added |
| Clear Street Group Inc. | 4,281,254 | $112.0M | 0.59% | +1,232,106+40.4% | Added |
| Goldman Sachs Group Inc | 3,548,013 | $92.8M | 0.01% | +2,685,980+311.6% | Added |
| Bank of America Corp | 3,517,550 | $92.0M | 0.01% | −1,888,564−34.9% | Reduced |
| UNICOM Systems, Inc. | 3,121,346 | $81.6M | 7.98% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 3,061,575 | $80.1M | 0.01% | +156,864+5.4% | Added |
| Northern Trust Corp | 2,837,994 | $74.2M | 0.01% | +45,959+1.6% | Added |
| Morgan Stanley | 2,550,977 | $66.7M | 0.00% | −3,789,768−59.8% | Reduced |
| SG Americas Securities, LLC | 2,272,020 | $59.4M | 0.08% | +1,669,715+277.2% | Added |
| Trybe Capital Management LP | 1,936,922 | $50.7M | 9.10% | +1,936,922 | New |
| Renaissance Technologies LLC | 1,712,342 | $44.8M | 0.07% | −541,200−24.0% | Reduced |
| Nuveen, LLC | 1,669,510 | $43.7M | 0.01% | +340,638+25.6% | Added |
| Price T Rowe Associates Inc | 1,543,731 | $40.4M | 0.00% | −3,037,038−66.3% | Reduced |
| JPMorgan Chase & Co | 1,509,202 | $39.5M | 0.00% | −42,432−2.7% | Reduced |
| Defiance ETFs, LLC | 1,490,284 | $39.1M | 1.28% | +1,490,284 | New |
| Penserra Capital Management LLC | 1,490,284 | $39.0M | 0.46% | −187,072−11.2% | Reduced |
| Alliancebernstein L.P. | 1,486,056 | $38.9M | 0.01% | +1,129,865+317.2% | Added |
| Bank of New York Mellon Corp | 1,241,377 | $32.5M | 0.01% | +189,268+18.0% | Added |
| Quadrature Capital Ltd | 1,120,802 | $29.3M | 0.30% | +1,120,802 | New |
| Lord, Abbett & Co. LLC | 969,742 | $25.4M | 0.08% | +212,357+28.0% | Added |
| Van Eck Associates Corp | 955,951 | $25.0M | 0.02% | +384,077+67.2% | Added |
| LPL Financial LLC | 944,234 | $24.7M | 0.01% | +57,016+6.4% | Added |
| FMR LLC | 929,559 | $24.3M | 0.00% | −379,515−29.0% | Reduced |
| Invesco Ltd. | 844,033 | $22.1M | 0.00% | +5,871+0.7% | Added |
| Susquehanna International Group, LLP | 779,431 | $20.4M | 0.03% | +768,323+6,916.8% | Added |
| Nomura Asset Management International Inc. | 778,541 | $20.4M | 0.03% | +778,541 | New |
| Mubadala Investment Co PJSC | 744,840 | $19.5M | 0.11% | +744,840 | New |
| UBS Asset Management Americas Inc | 679,038 | $17.8M | 0.00% | +44,546+7.0% | Added |
| Swiss National Bank | 667,700 | $17.5M | 0.01% | +68,600+11.5% | Added |
| Erste Asset Management GmbH | 601,725 | $15.7M | 0.13% | +375+0.1% | Added |
| Wells Fargo & Company | 585,841 | $15.3M | 0.00% | +153,691+35.6% | Added |
| Emerald Advisers, LLC | 543,272 | $14.2M | 0.44% | −3,977−0.7% | Reduced |
| Raymond James Financial Inc | 540,067 | $14.1M | 0.00% | −57,122−9.6% | Reduced |
| Barclays PLC | 528,257 | $13.8M | 0.01% | +56,430+12.0% | Added |
| Citadel Advisors LLC | 525,779 | $13.7M | 0.01% | +272,620+107.7% | Added |
| Point72 Asset Management, L.P. | 505,761 | $13.2M | 0.02% | +504,323+35,071.1% | Added |
| Eurizon Capital SGR S.p.A. | 498,967 | $13.0M | 0.04% | +498,967 | New |
| Sculptor Capital LP | 473,100 | $12.4M | 0.15% | −700−0.1% | Reduced |
| Foundations Investment Advisors, LLC | 471,032 | $12.3M | 0.16% | +60,050+14.6% | Added |
| Rhumbline Advisers | 421,919 | $11.0M | 0.01% | −33,189−7.3% | Reduced |
| Stifel Financial Corp | 400,246 | $10.5M | 0.01% | +19,028+5.0% | Added |
| McGuire Investment Group, LLC | 390,915 | $10.2M | 1.09% | −4,863−1.2% | Reduced |
| Simplex Trading, LLC | 386,080 | $10.1M | 0.28% | −63,521−14.1% | Reduced |
| Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD | 380,350 | $9.95M | 0.65% | +380,350 | New |
| Emerald Mutual Fund Advisers Trust | 358,640 | $9.38M | 0.46% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 347,282 | $9.08M | 0.01% | −698,600−66.8% | Reduced |
| Legal & General Group Plc | 335,836 | $8.78M | 0.00% | +8,675+2.7% | Added |
| California State Teachers Retirement System | 320,968 | $8.39M | 0.01% | +29,376+10.1% | Added |
| AQR Capital Management LLC | 314,156 | $8.22M | 0.00% | +111,446+55.0% | Added |
| Tudor Investment Corp Et Al | 313,633 | $8.20M | 0.04% | −933,895−74.9% | Reduced |
| Royal Bank of Canada | 299,947 | $7.84M | 0.00% | −545,961−64.5% | Reduced |
| Deutsche Bank AG | 272,936 | $7.14M | 0.00% | +23,951+9.6% | Added |
| Kestra Advisory Services, LLC | 262,157 | $6.86M | 0.03% | +71,821+37.7% | Added |
| Wellington Management Group LLP | 259,502 | $6.79M | 0.00% | +259,502 | New |
| Algert Global LLC | 255,997 | $6.69M | 0.10% | +83,887+48.7% | Added |
| Advisor Group Holdings, Inc. | 253,718 | $6.63M | 0.01% | −31,218−11.0% | Reduced |
| Bessemer Group Inc | 240,170 | $6.28M | 0.01% | +239,801+64,986.7% | Added |
| Cambridge Investment Research Advisors, Inc. | 234,352 | $6.13M | 0.02% | −35,518−13.2% | Reduced |
| Neuberger Berman Group LLC | 230,747 | $6.03M | 0.00% | +106,963+86.4% | Added |
| Group One Trading, L.P. | 222,045 | $5.81M | 0.17% | +48,329+27.8% | Added |
| State of Wisconsin Investment Board | 210,073 | $5.49M | 0.01% | −382−0.2% | Reduced |
| Headlands Technologies LLC | 208,572 | $5.45M | 0.46% | +94,995+83.6% | Added |
| Russell Investments Group, Ltd. | 199,489 | $5.22M | 0.01% | +22,039+12.4% | Added |
| Cetera Investment Advisers | 197,460 | $5.16M | 0.01% | −5,247−2.6% | Reduced |
| Janus Henderson Group PLC | 193,330 | $5.06M | 0.00% | +59,657+44.6% | Added |
| SBI Securities Co., Ltd. | 192,060 | $5.02M | 0.13% | −7,136−3.6% | Reduced |
| SLT Holdings LLC | 191,571 | $5.01M | 3.34% | +500.0% | Added |
| MetLife Investment Management | 184,610 | $4.83M | 0.02% | +4,666+2.6% | Added |
| Mariner, LLC | 180,604 | $4.72M | 0.01% | +55,938+44.9% | Added |
| HighTower Advisors, LLC | 171,079 | $4.47M | 0.00% | +13,747+8.7% | Added |
| Creative Planning | 163,851 | $4.28M | 0.00% | +32,283+24.5% | Added |
| Norges Bank | 159,005 | $4.16M | 0.00% | +159,005 | New |
| Federated Hermes, Inc. | 157,532 | $4.12M | 0.01% | −26,827−14.6% | Reduced |
| Prudential Financial Inc | 157,197 | $4.11M | 0.00% | +106,352+209.2% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 157,015 | $4.11M | 0.01% | +13,407+9.3% | Added |
| Rockefeller Capital Management L.P. | 156,167 | $4.08M | 0.01% | −26,111−14.3% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 155,532 | $4.07M | 0.01% | −94,855−37.9% | Reduced |
| Harvest Investment Services, LLC | 150,049 | $3.92M | 0.74% | −3,067−2.0% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 141,171 | $3.69M | 0.01% | −1,729−1.2% | Reduced |
| Jones Financial Companies LLLP | 134,691 | $3.52M | 0.00% | +30,030+28.7% | Added |
| Arkadios Wealth Advisors | 133,569 | $3.49M | 0.07% | −33,408−20.0% | Reduced |
| BNP Paribas Arbitrage, SA | 133,487 | $3.49M | 0.00% | +23,097+20.9% | Added |
| Citigroup Inc | 132,092 | $3.45M | 0.00% | +84,396+176.9% | Added |
| Thoroughbred Financial Services, LLC | 131,852 | $3.45M | 0.20% | +602+0.5% | Added |
| Commonwealth Equity Services, LLC | 130,033 | $3.40M | 0.00% | −621−0.5% | Reduced |
| Amundi | 129,796 | $3.39M | 0.00% | +21,210+19.5% | Added |
| Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD | 129,650 | $3.39M | 0.67% | +129,650 | New |
| Yarbrough Capital, LLC | 121,060 | $3.17M | 0.10% | 00.0% | Unchanged |
| Bouvel Investment Partners, LLC | 119,871 | $3.13M | 0.90% | −28,466−19.2% | Reduced |
| State of New Jersey Common Pension Fund D | 117,473 | $3.07M | 0.01% | −26,150−18.2% | Reduced |
| Intech Investment Management LLC | 112,742 | $2.95M | 0.03% | +23,892+26.9% | Added |
| Caitong International Asset Management Co., Ltd | 111,923 | $2.93M | 0.72% | +15,675+16.3% | Added |
| Manufacturers Life Insurance Company, The | 111,381 | $2.91M | 0.00% | +463+0.4% | Added |
| National Bank of Canada | 111,198 | $2.91M | 0.00% | +8,065+7.8% | Added |
| Jump Financial, LLC | 105,787 | $2.77M | 0.03% | +105,787 | New |