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 |
|---|---|---|---|---|---|
| US Bancorp | 25,845 | $675.8K | 0.00% | +2,755+11.9% | Added |
| Triton Wealth Management, PLLC | 32,814 | $682.0K | 0.26% | −76−0.2% | Reduced |
| MML Investors Services, LLC | 26,127 | $683.2K | 0.00% | +1,974+8.2% | Added |
| Xponance, Inc. | 26,138 | $683.5K | 0.01% | +2,198+9.2% | Added |
| Banque Cantonale Vaudoise | 26,349 | $689.0K | 0.02% | +26,349 | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 26,515 | $693.0K | 0.00% | +23,452+765.7% | Added |
| TCG Advisory Services, LLC | 26,981 | $705.6K | 0.02% | +570+2.2% | Added |
| AlphaStar Capital Management, LLC | 27,063 | $707.7K | 0.05% | +592+2.2% | Added |
| Ameritas Investment Partners, Inc. | 27,657 | $723.2K | 0.02% | +1,832+7.1% | Added |
| Schonfeld Strategic Advisors LLC | 28,793 | $752.9K | 0.00% | +28,793 | New |
| bLong Financial, LLC | 28,793 | $752.9K | 0.53% | +300+1.1% | Added |
| Lido Advisors, LLC | 30,060 | $758.7K | 0.00% | +10,921+57.1% | Added |
| Principal Financial Group Inc | 29,172 | $762.8K | 0.00% | +5,513+23.3% | Added |
| Kestra Private Wealth Services, LLC | 29,297 | $766.1K | 0.01% | +615+2.1% | Added |
| Axxcess Wealth Management, LLC | 29,569 | $773.2K | 0.01% | −162−0.5% | Reduced |
| Tempo Wealth, LLC | 29,610 | $774.3K | 0.14% | +29,610 | New |
| DMG Group, LLC | 29,988 | $784.2K | 0.52% | +11,140+59.1% | Added |
| Public Employees Retirement Association of Colorado | 30,059 | $786.0K | 0.00% | 00.0% | Unchanged |
| Carroll Investors, Inc | 30,485 | $797.2K | 0.38% | 00.0% | Unchanged |
| Florida Financial Advisors, LLC | 30,777 | $803.7K | 0.22% | −31,212−50.4% | Reduced |
| CI Private Wealth, LLC | 30,797 | $805.3K | 0.00% | +6,319+25.8% | Added |
| Gotham Asset Management, LLC | 31,246 | $817.1K | 0.00% | −7,747−19.9% | Reduced |
| Leonteq Securities AG | 31,789 | $831.3K | 0.04% | +111+0.4% | Added |
| Farther Finance Advisors, LLC | 31,996 | $836.7K | 0.01% | +12,460+63.8% | Added |
| Y-Intercept (Hong Kong) Ltd | 32,184 | $841.6K | 0.02% | −537,559−94.4% | Reduced |
| Private Advisor Group, LLC | 32,560 | $851.4K | 0.00% | −13,708−29.6% | Reduced |
| Cresset Asset Management, LLC | 32,919 | $860.8K | 0.00% | +12,223+59.1% | Added |
| Exchange Traded Concepts, LLC | 33,859 | $885.4K | 0.01% | +30,306+853.0% | Added |
| Strategic Advocates LLC | 33,902 | $889.9K | 0.23% | +187+0.6% | Added |
| Independent Advisor Alliance | 34,526 | $902.9K | 0.02% | −474−1.4% | Reduced |
| Virginia Retirement Systems Et Al | 35,200 | $920.5K | 0.01% | +8,700+32.8% | Added |
| Wealthfront Advisers LLC | 36,012 | $941.7K | 0.00% | +6,665+22.7% | Added |
| Advisory Services Network, LLC | 36,277 | $948.6K | 0.01% | −4,265−10.5% | Reduced |
| Comerica Bank | 36,458 | $953.4K | 0.00% | +150.0% | Added |
| Dimensional Fund Advisors LP | 36,740 | $960.8K | 0.00% | −20,128−35.4% | Reduced |
| Csenge Advisory Group | 36,924 | $965.6K | 0.04% | +1,038+2.9% | Added |
| Warren Averett Asset Management, LLC | 37,118 | $970.6K | 0.01% | +4,970+15.5% | Added |
| Veracity Capital LLC | 37,455 | $979.4K | 0.29% | +9,825+35.6% | Added |
| Sanctuary Advisors, LLC | 37,527 | $981.3K | 0.01% | +2,052+5.8% | Added |
| Altshuler Shaham Ltd | 38,500 | $1.01M | 0.02% | +38,500 | New |
| Mutual Advisors, LLC | 38,795 | $1.01M | 0.02% | −4,462−10.3% | Reduced |
| Victory Capital Management Inc | 38,834 | $1.02M | 0.00% | +1,232+3.3% | Added |
| Truist Financial Corp | 38,892 | $1.02M | 0.00% | +18,090+87.0% | Added |
| Wealth Management Partners, LLC | 39,438 | $1.03M | 0.29% | +6,100+18.3% | Added |
| Captrust Financial Advisors | 39,899 | $1.04M | 0.00% | +1,689+4.4% | Added |
| Flynn Zito Capital Management, LLC | 40,000 | $1.05M | 0.37% | −100,000−71.4% | Reduced |
| Dark Forest Capital Management LP | 40,608 | $1.06M | 0.05% | +40,608 | New |
| Laidlaw Wealth Management LLC | 40,621 | $1.06M | 3.29% | +1,508+3.9% | Added |
| Encompass More Asset Management | 40,670 | $1.06M | 0.20% | +40,670 | New |
| Navellier & Associates Inc | 40,963 | $1.07M | 0.12% | −9,825−19.3% | Reduced |
| Pensionmark Financial Group, LLC | 41,691 | $1.09M | 0.02% | +27,592+195.7% | Added |
| Blair William & Co | 41,899 | $1.10M | 0.00% | +6,582+18.6% | Added |
| Modus Advisors, LLC | 42,254 | $1.10M | 0.29% | +503+1.2% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 39,400 | $1.11M | 0.00% | +39,400 | New |
| Massachusetts Financial Services Co | 42,583 | $1.11M | 0.00% | +42,583 | New |
| Summit Financial, LLC | 43,527 | $1.14M | 0.02% | +20,400+88.2% | Added |
| Caxton Associates LLP | 45,004 | $1.18M | 0.02% | +45,004 | New |
| Eagle Strategies LLC | 46,003 | $1.20M | 0.15% | +1,528+3.4% | Added |
| Kovack Advisors, Inc. | 46,832 | $1.22M | 0.06% | −12,778−21.4% | Reduced |
| Vident Advisory, LLC | 47,077 | $1.23M | 0.01% | +1,276+2.8% | Added |
| Flagship Harbor Advisors, LLC | 48,059 | $1.26M | 0.06% | +319+0.7% | Added |
| StoneX Group Inc. | 48,494 | $1.27M | 0.06% | +48,494 | New |
| OpenArc Corporate Advisory, LLC | 49,267 | $1.29M | 0.02% | +49,267 | New |
| Pictet Asset Management Holding SA | 49,279 | $1.29M | 0.00% | +6,992+16.5% | Added |
| Man Group plc | 49,666 | $1.30M | 0.00% | −330,971−87.0% | Reduced |
| EFG International AG | 49,775 | $1.30M | 0.03% | +49,775 | New |
| Seven Grand Managers, LLC | 50,000 | $1.31M | 0.10% | +50,000 | New |
| Quantinno Capital Management LP | 50,245 | $1.31M | 0.00% | +50,245 | New |
| Money Concepts Capital Corp | 50,758 | $1.33M | 0.07% | +50,758 | New |
| GWM Advisors LLC | 51,292 | $1.34M | 0.00% | −1,988−3.7% | Reduced |
| Nisa Investment Advisors, LLC | 51,460 | $1.35M | 0.00% | −393−0.8% | Reduced |
| Polymer Capital Management (US) LLC | 52,107 | $1.36M | 0.18% | +52,107 | New |
| IMC-Chicago, LLC | 52,430 | $1.37M | 0.02% | −39,696−43.1% | Reduced |
| Belvedere Trading LLC | 52,527 | $1.37M | 0.25% | +52,527 | New |
| CIBC World Markets Inc. | 54,760 | $1.43M | 0.00% | +40,897+295.0% | Added |
| Brinker Capital Investments, LLC | 56,037 | $1.47M | 0.01% | −56,244−50.1% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 47,459 | $1.48M | 0.00% | −2,162−4.4% | Reduced |
| SIH Partners, LLLP | 57,128 | $1.49M | 0.09% | +57,128 | New |
| Hennion & Walsh Asset Management, Inc. | 58,183 | $1.52M | 0.05% | +16,363+39.1% | Added |
| Voya Investment Management LLC | 59,465 | $1.56M | 0.00% | +3,662+6.6% | Added |
| STRS Ohio | 59,700 | $1.56M | 0.01% | +4,600+8.3% | Added |
| Mercer Global Advisors Inc | 60,175 | $1.57M | 0.00% | +30,223+100.9% | Added |
| ProShare Advisors LLC | 61,841 | $1.62M | 0.00% | +8,124+15.1% | Added |
| Lisanti Capital Growth, LLC | 62,485 | $1.63M | 0.39% | +62,485 | New |
| Magnetar Financial LLC | 62,787 | $1.64M | 0.02% | +62,787 | New |
| State Board of Administration of Florida Retirement System | 62,968 | $1.65M | 0.00% | 00.0% | Unchanged |
| WCG Wealth Advisors LLC | 63,360 | $1.66M | 0.05% | +10,139+19.1% | Added |
| Ameriprise Financial Inc | 64,996 | $1.70M | 0.00% | −600,324−90.2% | Reduced |
| Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. | 65,000 | $1.70M | 2.67% | +65,000 | New |
| Colony Group, LLC | 65,590 | $1.71M | 0.00% | +12,614+23.8% | Added |
| Parallax Volatility Advisers, L.P. | 66,686 | $1.74M | 0.05% | −7,063−9.6% | Reduced |
| CloudAlpha Capital Management Limited/Hong Kong | 67,300 | $1.76M | 0.16% | +67,300 | New |
| Main Management ETF Advisors, LLC | 69,687 | $1.82M | 0.06% | +712+1.0% | Added |
| Los Angeles Capital Management LLC | 52,181 | $1.88M | 0.01% | −11,720−18.3% | Reduced |
| KLP Kapitalforvaltning AS | 72,200 | $1.89M | 0.01% | +7,700+11.9% | Added |
| SEI Investments Co | 72,375 | $1.89M | 0.00% | +2,438+3.5% | Added |
| Brown Miller Wealth Management, LLC | 72,421 | $1.89M | 0.52% | −13,846−16.1% | Reduced |
| Federation des caisses Desjardins du Quebec | 73,123 | $1.91M | 0.01% | +24,073+49.1% | Added |
| Janney Montgomery Scott LLC | 75,993 | $1.99M | 0.00% | +60,618+394.3% | Added |
| Marietta Investment Partners LLC | 76,660 | $2.00M | 0.40% | −1,100−1.4% | Reduced |