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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, 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.

Institutional holdersQ4 2025: 511 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 heldQ4 2025: $4.43B
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, Q4 2025

Shares, value and share of portfolio for each institution holding D-Wave Quantum Inc.; share changes are against Q3 2025.

Institutions holding QBTS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Albion Financial Group1,000$26.1K0.00%00.0%Unchanged
WealthCollab, LLC1,000$26.1K0.01%+200+25.0%Added
Kemnay Advisory Services Inc.1,067$27.9K0.00%+1,067New
Armstrong Advisory Group, Inc1,103$28.8K0.00%+200+22.1%Added
EverSource Wealth Advisors, LLC1,151$30.1K0.00%+838+267.7%Added
McGuire Capital Advisors Inc1,200$31.4K0.02%+1,200New
CIBC Private Wealth Group, LLC1,208$31.6K0.00%−38−3.0%Reduced
Parkside Financial Bank & Trust1,270$33.2K0.00%+750+144.2%Added
Newbridge Financial Services Group, Inc.1,350$35.3K0.01%−575−29.9%Reduced
American Capital Advisory, LLC1,369$35.8K0.02%−180−11.6%Reduced
Strengthening Families & Communities, LLC1,433$37.5K0.01%−31−2.1%Reduced
Nemes Rush Group LLC1,500$39.2K0.00%00.0%Unchanged
Triumph Capital Management1,500$39.2K0.01%+1,500New
Ancora Advisors, LLC1,505$39.4K0.00%+300+24.9%Added
Financial Consulate, Inc1,521$39.8K0.01%+250+19.7%Added
Fifth Third Bancorp1,542$40.3K0.00%−982−38.9%Reduced
Murphy & Mullick Capital Management Corp1,550$40.5K0.03%+150+10.7%Added
Valley National Advisers Inc1,595$41.0K0.01%+1,100+222.2%Added
Creative Financial Designs Inc1,610$42.1K0.00%+60+3.9%Added
Cornerstone Planning Group LLC1,700$42.4K0.01%−119−6.5%Reduced
Wall Street Access Asset Management, LLC1,631$42.6K0.01%00.0%Unchanged
Larson Financial Group LLC1,640$42.9K0.00%−214−11.5%Reduced
Banque Transatlantique SA1,650$43.1K0.00%−550−25.0%Reduced
Rothschild Investment LLC1,697$44.4K0.00%−443−20.7%Reduced
Northwestern Mutual Wealth Management Co1,757$45.9K0.00%−576−24.7%Reduced
Key Client Fiduciary Advisors, LLC1,800$47.1K0.02%−7,575−80.8%Reduced
Tucker Asset Management LLC1,804$47.2K0.01%+1,804New
Natixis1,880$49.2K0.00%−8,836−82.5%Reduced
Atlantic Union Bankshares Corp2,000$52.3K0.00%−25−1.2%Reduced
Reyes Financial Architecture, Inc.2,000$52.3K0.03%00.0%Unchanged
Stone House Investment Management, LLC2,028$53.0K0.01%+1,428+238.0%Added
NVWM, LLC2,100$54.9K0.01%00.0%Unchanged
Sterling Capital Management LLC2,188$57.2K0.00%+1,439+192.1%Added
Vermillion Wealth Management, Inc.2,300$60.1K0.02%+2,300New
Toronto Dominion Bank2,417$63.2K0.00%+2,417New
NBC Securities, Inc.2,519$65.9K0.00%+231+10.1%Added
Bogart Wealth, LLC2,691$70.4K0.00%+1,381+105.4%Added
Bank Julius Baer & Co. Ltd, Zurich2,740$71.6K0.00%+765+38.7%Added
GAMMA Investing LLC2,741$71.7K0.00%+867+46.3%Added
MAI Capital Management2,837$74.2K0.00%−1,846−39.4%Reduced
Danske Bank A/S3,200$83.7K0.00%+700+28.0%Added
Close Asset Management Ltd3,230$84.0K0.00%−1,200−27.1%Reduced
Huntington National Bank3,316$86.7K0.00%+16+0.5%Added
Horizon Investments, LLC3,460$90.5K0.00%−93−2.6%Reduced
Silicon Valley Capital Partners3,465$90.6K0.01%00.0%Unchanged
Global Retirement Partners, LLC3,491$91.3K0.00%−12,741−78.5%Reduced
Tripletail Wealth Management, LLC3,500$91.5K0.12%−108−3.0%Reduced
Spirit of America Management Corp3,500$91.5K0.02%+3,500New
Center for Financial Planning, Inc.3,645$95.3K0.01%00.0%Unchanged
Harbour Investments, Inc.3,874$101.3K0.00%+2,048+112.2%Added
Hollencrest Capital Management4,000$104.6K0.00%00.0%Unchanged
Optiver Holding B.V.4,507$117.9K0.00%−3,970−46.8%Reduced
Cascades Capital Asset Management, LLC4,522$118.3K0.05%−644−12.5%Reduced
V-Square Quantitative Management LLC4,561$119.3K0.01%+4,561New
Westfuller Advisors, LLC4,561$119.3K0.05%+4,561New
Pinnacle Wealth Planning Services, Inc.4,985$130.4K0.01%+4,985New
Signaturefd, LLC5,018$131.2K0.00%−300−5.6%Reduced
Walleye Capital LLC5,091$133.1K0.00%−131,324−96.3%Reduced
Generali Asset Management SPA SGR5,298$138.5K0.00%+5,298New
CoreCap Advisors, LLC5,300$138.6K0.00%+1,929+57.2%Added
Clearstead Advisors, LLC5,397$141.1K0.00%−6,607−55.0%Reduced
Virtus ETF Advisers LLC5,589$146.2K0.07%+5,589New
Smithfield Trust Co5,865$153.0K0.01%+5,865New
Traynor Capital Management, Inc.6,542$171.1K0.01%+6,542New
Spire Wealth Management6,920$181.0K0.01%−1,026−12.9%Reduced
Clal Insurance Enterprises Holdings Ltd7,000$183.0K0.00%+7,000New
SRS Capital Advisors, Inc.7,591$198.5K0.01%−1,326−14.9%Reduced
Archford Capital Strategies, LLC7,668$200.5K0.02%+7,668New
Benjamin Edwards Inc7,696$201.2K0.00%+7,696New
Envestnet Asset Management Inc7,737$202.3K0.00%−35,338−82.0%Reduced
Roof Eidam & Maycock7,800$204.0K0.05%+7,800New
Capstone Capital Management Ltd7,800$204.0K0.20%+7,800New
Ticino Wealth7,900$206.6K0.08%+7,900New
IFP Advisors, Inc7,956$208.0K0.00%+1,186+17.5%Added
Heritage Wealth Advisors7,985$208.8K0.01%00.0%Unchanged
Aspire Capital Advisors LLC7,997$209.1K0.05%−448−5.3%Reduced
Ameriflex Group, Inc.8,000$209.2K0.11%−25,850−76.4%Reduced
Herold Advisors, Inc.8,000$209.2K0.05%−200−2.4%Reduced
Oxford Wealth Group, LLC8,175$213.8K0.10%+8,175New
Tradition Wealth Management, LLC8,311$217.3K0.02%+8,311New
Fortem Financial Group, LLC8,381$219.2K0.06%+8,381New
Mirabella Financial Services LLP8,412$220.0K0.02%+8,412New
O'Shaughnessy Asset Management, LLC8,425$220.3K0.00%+8,425New
Verity Asset Management, Inc.8,430$220.4K0.09%−8,107−49.0%Reduced
Buckingham Strategic Partners8,555$223.7K0.00%−4,451−34.2%Reduced
American Century Companies Inc8,665$226.6K0.00%+8,665New
Bedel Financial Consulting, Inc.8,695$227.4K0.02%00.0%Unchanged
Mitsubishi UFJ Trust & Banking Corp8,845$231.3K0.00%+8,845New
Sovereign Financial Group, Inc.9,010$235.6K0.04%−1,750−16.3%Reduced
OP Asset Management Ltd9,063$237.0K0.00%−2,537−21.9%Reduced
Everence Capital Management Inc9,189$240.0K0.01%00.0%Unchanged
Insight Wealth Partners, LLC9,196$240.5K0.10%+9,196New
Thompson David Blair9,342$244.3K0.14%+9,342New
Equitable Holdings, Inc.9,362$244.8K0.00%+9,362New
Allworth Financial LP9,410$246.1K0.00%−952−9.2%Reduced
Inspire Advisors, LLC9,457$247.3K0.02%+148+1.6%Added
Tulsa Wealth Advisors, INC9,471$247.7K0.08%+9,471New
KPP Advisory Services LLC9,475$247.8K0.04%−545−5.4%Reduced
Evanson Asset Management, LLC9,484$248.0K0.01%00.0%Unchanged
Total Wealth Planning & Management, Inc.9,569$250.2K0.20%+9,569New