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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.

Q4 2025 vs. Q3 2025

How the institutions holding D-Wave Quantum Inc. changed between Q3 2025 and Q4 2025.

All holders in Q4 2025All holders in Q3 2025

13F holders of QBTS: Q3 2025 compared with Q4 2025
MeasureQ3 2025Of which not filed for Q4 2025Q4 2025Change
Holders4597511+59
Shares182.7M813.0K169.3M−12.6M (−6.9%)
Value$4.52B$20.1M$4.43B−$67.6M (−1.5%)

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (135)

Institutions that held D-Wave Quantum Inc. at the end of Q4 2025 but not at the end of Q3 2025.

Showing the largest 100 of 135 by value.

Institutions new to QBTS in Q4 2025
InstitutionSharesValue% of portfolio
Trybe Capital Management LP1,936,922$50.7M9.10%
Defiance ETFs, LLC1,490,284$39.1M1.28%
Quadrature Capital Ltd1,120,802$29.3M0.30%
Nomura Asset Management International Inc.778,541$20.4M0.03%
Mubadala Investment Co PJSC744,840$19.5M0.11%
Eurizon Capital SGR S.p.A.498,967$13.0M0.04%
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD380,350$9.95M0.65%
Wellington Management Group LLP259,502$6.79M0.00%
Norges Bank159,005$4.16M0.00%
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD129,650$3.39M0.67%
Jump Financial, LLC105,787$2.77M0.03%
Handelsbanken Fonder AB92,700$2.42M0.01%
RB Capital Management, LLC80,350$2.10M0.43%
CloudAlpha Capital Management Limited/Hong Kong67,300$1.76M0.16%
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.65,000$1.70M2.67%
Magnetar Financial LLC62,787$1.64M0.02%
Lisanti Capital Growth, LLC62,485$1.63M0.39%
SIH Partners, LLLP57,128$1.49M0.09%
Belvedere Trading LLC52,527$1.37M0.25%
Polymer Capital Management (US) LLC52,107$1.36M0.18%
Money Concepts Capital Corp50,758$1.33M0.07%
Quantinno Capital Management LP50,245$1.31M0.00%
Seven Grand Managers, LLC50,000$1.31M0.10%
EFG International AG49,775$1.30M0.03%
OpenArc Corporate Advisory, LLC49,267$1.29M0.02%
StoneX Group Inc.48,494$1.27M0.06%
Caxton Associates LLP45,004$1.18M0.02%
Massachusetts Financial Services Co42,583$1.11M0.00%
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.39,400$1.11M0.00%
Encompass More Asset Management40,670$1.06M0.20%
Dark Forest Capital Management LP40,608$1.06M0.05%
Altshuler Shaham Ltd38,500$1.01M0.02%
Tempo Wealth, LLC29,610$774.3K0.14%
Schonfeld Strategic Advisors LLC28,793$752.9K0.00%
Banque Cantonale Vaudoise26,349$689.0K0.02%
Connor, Clark & Lunn Investment Management Ltd.23,563$616.2K0.00%
Mosley Wealth Management17,967$615.4K0.28%
Legato Capital Management LLC23,095$603.9K0.05%
CIBC World Markets Corp22,160$579.5K0.00%
Wealth Analytics Partners, LLC21,921$573.2K0.22%
Sandler Capital Management20,000$523.0K0.24%
CAPROCK Group, Inc.18,723$489.6K0.01%
Abel Hall, LLC18,055$472.1K0.11%
Acadian Asset Management LLC17,587$459.0K0.00%
QP Wealth Management, LLC16,511$431.8K0.38%
Lazard Asset Management LLC15,420$403.2K0.00%
Investor AB15,000$392.3K0.01%
Wilmar Advisors LLC15,000$392.3K0.31%
Graham Capital Management, L.P.14,884$389.2K0.01%
Jennison Associates LLC14,226$372.0K0.00%
Gsa Capital Partners LLP14,188$371.0K0.03%
Two Sigma Securities, LLC13,845$362.0K0.05%
International Assets Investment Management, LLC13,628$356.4K0.02%
Guggenheim Capital LLC13,515$353.4K0.00%
Silverleafe Capital Partners, LLC11,915$311.6K0.09%
Walser Wealth Management Company, A Ltd Liability Co11,908$311.4K0.16%
Change Path, LLC11,731$306.8K0.01%
Valmark Advisers, Inc.10,609$277.4K0.00%
Parisi Gray Wealth Management10,410$272.2K0.06%
M&T Bank Corp10,224$267.3K0.00%
Davenport & Co LLC10,050$262.8K0.00%
Teachers Retirement System of the State of Kentucky10,008$262.0K0.00%
Arista Wealth Management, LLC10,000$261.5K0.03%
Total Wealth Planning & Management, Inc.9,569$250.2K0.20%
Tulsa Wealth Advisors, INC9,471$247.7K0.08%
Equitable Holdings, Inc.9,362$244.8K0.00%
Thompson David Blair9,342$244.3K0.14%
Insight Wealth Partners, LLC9,196$240.5K0.10%
Mitsubishi UFJ Trust & Banking Corp8,845$231.3K0.00%
American Century Companies Inc8,665$226.6K0.00%
O'Shaughnessy Asset Management, LLC8,425$220.3K0.00%
Mirabella Financial Services LLP8,412$220.0K0.02%
Fortem Financial Group, LLC8,381$219.2K0.06%
Tradition Wealth Management, LLC8,311$217.3K0.02%
Oxford Wealth Group, LLC8,175$213.8K0.10%
Ticino Wealth7,900$206.6K0.08%
Roof Eidam & Maycock7,800$204.0K0.05%
Capstone Capital Management Ltd7,800$204.0K0.20%
Benjamin Edwards Inc7,696$201.2K0.00%
Archford Capital Strategies, LLC7,668$200.5K0.02%
Clal Insurance Enterprises Holdings Ltd7,000$183.0K0.00%
Traynor Capital Management, Inc.6,542$171.1K0.01%
Smithfield Trust Co5,865$153.0K0.01%
Virtus ETF Advisers LLC5,589$146.2K0.07%
Generali Asset Management SPA SGR5,298$138.5K0.00%
Pinnacle Wealth Planning Services, Inc.4,985$130.4K0.01%
V-Square Quantitative Management LLC4,561$119.3K0.01%
Westfuller Advisors, LLC4,561$119.3K0.05%
Spirit of America Management Corp3,500$91.5K0.02%
Toronto Dominion Bank2,417$63.2K0.00%
Vermillion Wealth Management, Inc.2,300$60.1K0.02%
Tucker Asset Management LLC1,804$47.2K0.01%
Triumph Capital Management1,500$39.2K0.01%
McGuire Capital Advisors Inc1,200$31.4K0.02%
Kemnay Advisory Services Inc.1,067$27.9K0.00%
DAGCO, Inc.808$21.1K0.00%
Vision Retirement, LLC798$20.9K0.01%
Strive Financial Group ,LLC767$20.1K0.01%
MPWM Advisory Solutions, LLC745$19.5K0.01%
DV Equities, LLC708$18.5K0.00%

Sold out (76)

Institutions that held D-Wave Quantum Inc. at the end of Q3 2025 and filed for Q4 2025 without it.

Institutions that sold out of QBTS in Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
Driehaus Capital Management LLC2,443,818$60.4M
HRT Financial LP1,354,621$33.5M
Virtu Financial LLC640,330$15.8M
Macquarie Group Ltd598,107$14.8M
Squarepoint Ops LLC486,951$12.0M
Millennium Management LLC252,571$6.24M
EAM Investors, LLC190,617$4.63M
Trexquant Investment LP183,597$4.54M
Capital Fund Management S.A.163,243$4.03M
Voleon Capital Management LP157,160$3.88M
Wolverine Asset Management LLC152,942$3.78M
Limestone Investment Advisors LP68,161$1.68M
Qsemble Capital Management, LP47,993$1.19M
Balyasny Asset Management LLC45,548$1.13M
SPX Equities Gestao de Recursos Ltda44,000$1.09M
Groupe la Francaise42,950$925.7K
Blackstone Group Inc.35,191$869.6K
WBI Investments34,176$844.5K
Picton Mahoney Asset Management28,991$716.0K
Oak Harvest Investment Services27,500$679.5K
Ieq Capital, LLC25,986$642.1K
Kovitz Investment Group Partners, LLC25,442$628.7K
Weiss Asset Management LP25,038$618.7K
Brown Advisory Inc25,000$617.8K
Moore Capital Management, LP25,000$617.8K
SummitTX Capital, L.P.24,147$596.7K
SeaCrest Wealth Management, LLC15,538$532.2K
Marshall Wace, LLP19,804$489.4K
Natixis Advisors, L.P.19,450$481.0K
Kingswood Wealth Advisors, LLC18,739$463.0K
Total Clarity Wealth Management, Inc.16,910$417.8K
Sowell Financial Services LLC16,738$413.6K
Quantessence Capital LLC15,547$384.2K
Stephens Inc13,926$344.1K
GTS Securities LLC12,726$314.5K
Accurate Wealth Management, LLC7,170$308.7K
Fortis Capital Management LLC12,376$305.8K
PFG Advisors12,261$303.0K
Fountainhead AM, LLC11,347$280.4K
Empirical Asset Management, LLC13,948$274.8K
Wealth Management Associates, Inc.10,911$269.6K
Baron Wealth Management LLC10,700$264.4K
Yukon Wealth Management, Inc.10,080$249.1K
Walled Lake Planning & Wealth Management, LLC9,566$236.4K
Valeo Financial Advisors, LLC9,235$228.2K
Wealth Effects LLC9,200$227.3K
Gainplan LLC9,178$226.8K
Pathstone Holdings, LLC9,157$226.3K
NewEdge Wealth, LLC7,130$221.2K
Dale Q Rice Investment Management Ltd6,239$218.8K
FourThought Financial Partners, LLC8,831$218.2K
Entropy Technologies, LP8,592$212.3K
RIA Advisory Group LLC8,500$210.0K
Fortress Wealth Group, LLC6,000$205.6K
Baird Financial Group, Inc.8,196$202.5K
Americana Partners, LLC8,179$202.1K
Petros Family Wealth, LLC8,140$201.1K
Baader Bank INC12,568$192.0K
Principal Securities, Inc.3,052$75.4K
Gables Capital Management Inc.2,500$61.8K
Ameritas Advisory Services, LLC690$17.1K
Strategic Investment Solutions, Inc.600$14.8K
Manchester Capital Management LLC500$12.4K
Signature Resources Capital Management, LLC500$12.4K
GPS Wealth Strategies Group, LLC360$8.90K
FNY Investment Advisers, LLC318$7.00K
Wealthspire Advisors, LLC188$4.65K
Future Financial Wealth Managment LLC120$2.96K
Central Trust Co100$2.47K
Family Legacy Financial Solutions, LLC75$1.85K
AdvisorNet Financial, Inc70$1.73K
Koesten, Hirschmann & Crabtree, INC.55$1.36K
Quarry LP51$1.26K
United Financial Planning Group LLC4$99
Activest Wealth Management0$9
Summit Wealth Group LLC2,715–

Not filed for Q4 2025 yet (7)

Institutions that held D-Wave Quantum Inc. at the end of Q3 2025 and haven't filed a 13F for Q4 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding QBTS in Q3 2025 that haven't filed for Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
Cubist Systematic Strategies, LLC675,561$16.7M
Wolverine Trading, LLC66,479$1.68M
CIBC Bancorp USA Inc.32,951$814.2K
HAP Trading, LLC19,856$490.6K
Masso Torrence Wealth Management Inc.15,150$374.4K
Maso Capital Partners Ltd2,950$72.9K
Guerra Advisors Inc48$1.19K