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 |
|---|---|---|---|---|---|
| Noble Wealth Management PBC | 9,600 | $251.0K | 0.13% | +600+6.7% | Added |
| Blue Bell Private Wealth Management, LLC | 9,754 | $255.1K | 0.04% | −147−1.5% | Reduced |
| Presilium Private Wealth, LLC | 9,970 | $260.7K | 0.05% | −450−4.3% | Reduced |
| Thrive Capital Management, LLC | 10,000 | $261.5K | 0.06% | 00.0% | Unchanged |
| Arista Wealth Management, LLC | 10,000 | $261.5K | 0.03% | +10,000 | New |
| Teachers Retirement System of the State of Kentucky | 10,008 | $262.0K | 0.00% | +10,008 | New |
| Davenport & Co LLC | 10,050 | $262.8K | 0.00% | +10,050 | New |
| Harbour Capital Advisors, LLC | 9,350 | $263.0K | 0.05% | 00.0% | Unchanged |
| LVZ Advisors, Inc. | 10,209 | $267.0K | 0.03% | +6+0.1% | Added |
| M&T Bank Corp | 10,224 | $267.3K | 0.00% | +10,224 | New |
| Regal Investment Advisors LLC | 10,299 | $269.3K | 0.02% | −9,430−47.8% | Reduced |
| KBC Group NV | 10,379 | $271.0K | 0.00% | +1,540+17.4% | Added |
| Commerce Bank | 10,385 | $271.6K | 0.00% | +2,175+26.5% | Added |
| Parisi Gray Wealth Management | 10,410 | $272.2K | 0.06% | +10,410 | New |
| Amalgamated Bank | 10,523 | $275.0K | 0.00% | +689+7.0% | Added |
| Valmark Advisers, Inc. | 10,609 | $277.4K | 0.00% | +10,609 | New |
| Integrated Wealth Concepts LLC | 10,790 | $282.2K | 0.00% | −3,128−22.5% | Reduced |
| Kingsview Wealth Management, LLC | 10,872 | $284.3K | 0.00% | −365−3.2% | Reduced |
| Verition Fund Management LLC | 10,957 | $286.5K | 0.00% | −16,463−60.0% | Reduced |
| CWM, LLC | 11,075 | $290.0K | 0.00% | +4,501+68.5% | Added |
| Tower Research Capital LLC (TRC) | 11,175 | $292.2K | 0.01% | −2,892−20.6% | Reduced |
| Teacher Retirement System of Texas | 11,204 | $293.0K | 0.00% | −29,124−72.2% | Reduced |
| Chicago Partners Investment Group LLC | 11,527 | $295.4K | 0.01% | −444−3.7% | Reduced |
| Marathon Trading Investment Management LLC | 11,300 | $295.5K | 0.04% | −3,700−24.7% | Reduced |
| Wellington Shields & Co., LLC | 11,600 | $303.3K | 0.07% | −500−4.1% | Reduced |
| Keel Point, LLC | 11,610 | $303.6K | 0.02% | −293−2.5% | Reduced |
| Change Path, LLC | 11,731 | $306.8K | 0.01% | +11,731 | New |
| Lauer Wealth, LLC | 10,500 | $307.4K | 0.23% | 00.0% | Unchanged |
| Walser Wealth Management Company, A Ltd Liability Co | 11,908 | $311.4K | 0.16% | +11,908 | New |
| Silverleafe Capital Partners, LLC | 11,915 | $311.6K | 0.09% | +11,915 | New |
| Rossmore Private Capital | 11,920 | $311.7K | 0.03% | 00.0% | Unchanged |
| Fox Hill Wealth Management | 12,432 | $325.1K | 0.15% | −1,177−8.6% | Reduced |
| Schneider Downs Wealth Management Advisors, LP | 12,500 | $326.9K | 0.04% | 00.0% | Unchanged |
| Great Valley Advisor Group, Inc. | 12,544 | $327.8K | 0.01% | −327−2.5% | Reduced |
| D.A. Davidson & Co. | 12,575 | $328.8K | 0.00% | −1,890−13.1% | Reduced |
| PFG Investments, LLC | 12,871 | $336.6K | 0.02% | +3,281+34.2% | Added |
| Jane Street Group, LLC | 13,064 | $341.6K | 0.00% | −863−6.2% | Reduced |
| Blue Rock Wealth Management LLC | 13,200 | $345.2K | 0.21% | 00.0% | Unchanged |
| R Squared Ltd | 13,228 | $345.9K | 0.16% | +393+3.1% | Added |
| Princeton Capital Management LLC | 13,415 | $350.8K | 0.09% | +1,605+13.6% | Added |
| Prosperity Wealth Management, Inc. | 13,485 | $352.6K | 0.12% | −10,550−43.9% | Reduced |
| Guggenheim Capital LLC | 13,515 | $353.4K | 0.00% | +13,515 | New |
| International Assets Investment Management, LLC | 13,628 | $356.4K | 0.02% | +13,628 | New |
| XTX Topco Ltd | 13,830 | $361.7K | 0.01% | −2,456−15.1% | Reduced |
| Two Sigma Securities, LLC | 13,845 | $362.0K | 0.05% | +13,845 | New |
| IHT Wealth Management, LLC | 14,071 | $368.0K | 0.01% | +1,880+15.4% | Added |
| Gsa Capital Partners LLP | 14,188 | $371.0K | 0.03% | +14,188 | New |
| Jennison Associates LLC | 14,226 | $372.0K | 0.00% | +14,226 | New |
| Prakash Investment Advisors LLC | 14,618 | $382.3K | 0.29% | −649−4.3% | Reduced |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 14,772 | $386.3K | 0.01% | +2,306+18.5% | Added |
| Graham Capital Management, L.P. | 14,884 | $389.2K | 0.01% | +14,884 | New |
| one8zero8, LLC | 15,000 | $392.3K | 0.09% | −2,475−14.2% | Reduced |
| Investor AB | 15,000 | $392.3K | 0.01% | +15,000 | New |
| Wilmar Advisors LLC | 15,000 | $392.3K | 0.31% | +15,000 | New |
| Ascent Wealth Partners, LLC | 15,007 | $392.4K | 0.05% | −420−2.7% | Reduced |
| Savvy Advisors, Inc. | 15,380 | $402.2K | 0.01% | +1,179+8.3% | Added |
| Lazard Asset Management LLC | 15,420 | $403.2K | 0.00% | +15,420 | New |
| Ridgecrest Wealth Partners, LLC | 16,005 | $418.5K | 0.23% | +4,814+43.0% | Added |
| CWM Advisors, LLC | 16,270 | $425.5K | 0.04% | −117−0.7% | Reduced |
| Arete Wealth Advisors, LLC | 16,296 | $426.1K | 0.03% | −3,275−16.7% | Reduced |
| Swiss Life Asset Management Ltd | 16,374 | $428.2K | 0.00% | +2,417+17.3% | Added |
| Capital Advisors Wealth Management, LLC | 16,476 | $430.8K | 0.06% | +1,200+7.9% | Added |
| Sigma Planning Corp | 16,329 | $430.9K | 0.01% | +560+3.6% | Added |
| QP Wealth Management, LLC | 16,511 | $431.8K | 0.38% | +16,511 | New |
| Wealth Quarterback LLC | 16,522 | $432.1K | 0.16% | −4,417−21.1% | Reduced |
| Ashton Thomas Private Wealth, LLC | 16,810 | $439.6K | 0.01% | +10+0.1% | Added |
| Focus Financial Network, Inc. | 17,273 | $451.7K | 0.02% | −1,205−6.5% | Reduced |
| HSBC Holdings PLC | 17,182 | $452.4K | 0.00% | +7,530+78.0% | Added |
| Acadian Asset Management LLC | 17,587 | $459.0K | 0.00% | +17,587 | New |
| Bank of Montreal | 17,688 | $462.5K | 0.00% | +456+2.6% | Added |
| TD Waterhouse Canada Inc. | 17,824 | $465.7K | 0.00% | +6,197+53.3% | Added |
| Abel Hall, LLC | 18,055 | $472.1K | 0.11% | +18,055 | New |
| The PNC Financial Services Group, Inc. | 18,308 | $478.8K | 0.00% | +9,079+98.4% | Added |
| Concurrent Investment Advisors, LLC | 18,698 | $489.0K | 0.01% | −11,536−38.2% | Reduced |
| Mackenzie Financial Corp | 18,677 | $489.3K | 0.00% | +2,362+14.5% | Added |
| CAPROCK Group, Inc. | 18,723 | $489.6K | 0.01% | +18,723 | New |
| Cerity Partners LLC | 18,745 | $489.9K | 0.00% | +8,463+82.3% | Added |
| BayBridge Capital Group, LLC | 19,018 | $497.3K | 0.31% | −12,696−40.0% | Reduced |
| Sandler Capital Management | 20,000 | $523.0K | 0.24% | +20,000 | New |
| Steward Partners Investment Advisory, LLC | 20,236 | $529.2K | 0.00% | −1,435−6.6% | Reduced |
| Beacon Pointe Advisors, LLC | 20,320 | $531.4K | 0.00% | −344−1.7% | Reduced |
| Independent Financial Group, LLC | 20,500 | $536.1K | 0.01% | +263+1.3% | Added |
| Nations Financial Group Inc, | 20,621 | $539.2K | 0.03% | −10,322−33.4% | Reduced |
| Ensign Peak Advisors, Inc | 20,650 | $540.0K | 0.00% | −29,700−59.0% | Reduced |
| Stratos Wealth Partners, LTD. | 20,847 | $545.1K | 0.01% | −752−3.5% | Reduced |
| Scotia Capital Inc. | 21,728 | $568.2K | 0.00% | +13,152+153.4% | Added |
| Wealth Analytics Partners, LLC | 21,921 | $573.2K | 0.22% | +21,921 | New |
| National Asset Management, Inc. | 21,922 | $573.3K | 0.03% | +1,721+8.5% | Added |
| CIBC World Markets Corp | 22,160 | $579.5K | 0.00% | +22,160 | New |
| JustInvest LLC | 22,551 | $589.7K | 0.01% | +10,554+88.0% | Added |
| RSM US Wealth Management LLC | 22,904 | $601.2K | 0.01% | +3,424+17.6% | Added |
| Legato Capital Management LLC | 23,095 | $603.9K | 0.05% | +23,095 | New |
| Quest Partners LLC | 23,458 | $613.4K | 0.03% | −5,669−19.5% | Reduced |
| Mosley Wealth Management | 17,967 | $615.4K | 0.28% | +17,967 | New |
| J.W. Cole Advisors, Inc. | 25,588 | $616.1K | 0.01% | −3,191−11.1% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 23,563 | $616.2K | 0.00% | +23,563 | New |
| Geneos Wealth Management Inc. | 23,896 | $624.9K | 0.02% | −1,483−5.8% | Reduced |
| Capital Advisory Group Advisory Services, LLC | 24,314 | $635.8K | 0.19% | +141+0.6% | Added |
| Diversify Advisory Services, LLC | 22,573 | $650.8K | 0.02% | +2,397+11.9% | Added |
| Allspring Global Investments Holdings, LLC | 23,549 | $662.4K | 0.00% | +7,270+44.7% | Added |