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 |
|---|---|---|---|---|---|
| Citizens Financial Group Inc | 78,360 | $2.05M | 0.03% | −50−0.1% | Reduced |
| Oppenheimer & Co Inc | 79,913 | $2.09M | 0.03% | −4,454−5.3% | Reduced |
| RB Capital Management, LLC | 80,350 | $2.10M | 0.43% | +80,350 | New |
| Banque Pictet & Cie SA | 85,000 | $2.22M | 0.02% | 00.0% | Unchanged |
| Vontobel Holding Ltd. | 85,999 | $2.25M | 0.01% | +11,413+15.3% | Added |
| Police & Firemen's Retirement System of New Jersey | 90,253 | $2.36M | 0.02% | +4,280+5.0% | Added |
| Arizona State Retirement System | 92,037 | $2.41M | 0.01% | +613+0.7% | Added |
| Franklin Resources Inc | 92,523 | $2.42M | 0.00% | −7,242−7.3% | Reduced |
| Handelsbanken Fonder AB | 92,700 | $2.42M | 0.01% | +92,700 | New |
| D. E. Shaw & Co., Inc. | 92,773 | $2.43M | 0.00% | −13,555,579−99.3% | Reduced |
| New York State Common Retirement Fund | 105,700 | $2.76M | 0.00% | +5,371+5.4% | Added |
| Jump Financial, LLC | 105,787 | $2.77M | 0.03% | +105,787 | New |
| National Bank of Canada | 111,198 | $2.91M | 0.00% | +8,065+7.8% | Added |
| Manufacturers Life Insurance Company, The | 111,381 | $2.91M | 0.00% | +463+0.4% | Added |
| Caitong International Asset Management Co., Ltd | 111,923 | $2.93M | 0.72% | +15,675+16.3% | Added |
| Intech Investment Management LLC | 112,742 | $2.95M | 0.03% | +23,892+26.9% | Added |
| State of New Jersey Common Pension Fund D | 117,473 | $3.07M | 0.01% | −26,150−18.2% | Reduced |
| Bouvel Investment Partners, LLC | 119,871 | $3.13M | 0.90% | −28,466−19.2% | Reduced |
| Yarbrough Capital, LLC | 121,060 | $3.17M | 0.10% | 00.0% | Unchanged |
| Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD | 129,650 | $3.39M | 0.67% | +129,650 | New |
| Amundi | 129,796 | $3.39M | 0.00% | +21,210+19.5% | Added |
| Commonwealth Equity Services, LLC | 130,033 | $3.40M | 0.00% | −621−0.5% | Reduced |
| Thoroughbred Financial Services, LLC | 131,852 | $3.45M | 0.20% | +602+0.5% | Added |
| Citigroup Inc | 132,092 | $3.45M | 0.00% | +84,396+176.9% | Added |
| BNP Paribas Arbitrage, SA | 133,487 | $3.49M | 0.00% | +23,097+20.9% | Added |
| Arkadios Wealth Advisors | 133,569 | $3.49M | 0.07% | −33,408−20.0% | Reduced |
| Jones Financial Companies LLLP | 134,691 | $3.52M | 0.00% | +30,030+28.7% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 141,171 | $3.69M | 0.01% | −1,729−1.2% | Reduced |
| Harvest Investment Services, LLC | 150,049 | $3.92M | 0.74% | −3,067−2.0% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 155,532 | $4.07M | 0.01% | −94,855−37.9% | Reduced |
| Rockefeller Capital Management L.P. | 156,167 | $4.08M | 0.01% | −26,111−14.3% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 157,015 | $4.11M | 0.01% | +13,407+9.3% | Added |
| Prudential Financial Inc | 157,197 | $4.11M | 0.00% | +106,352+209.2% | Added |
| Federated Hermes, Inc. | 157,532 | $4.12M | 0.01% | −26,827−14.6% | Reduced |
| Norges Bank | 159,005 | $4.16M | 0.00% | +159,005 | New |
| Creative Planning | 163,851 | $4.28M | 0.00% | +32,283+24.5% | Added |
| HighTower Advisors, LLC | 171,079 | $4.47M | 0.00% | +13,747+8.7% | Added |
| Mariner, LLC | 180,604 | $4.72M | 0.01% | +55,938+44.9% | Added |
| MetLife Investment Management | 184,610 | $4.83M | 0.02% | +4,666+2.6% | Added |
| SLT Holdings LLC | 191,571 | $5.01M | 3.34% | +500.0% | Added |
| SBI Securities Co., Ltd. | 192,060 | $5.02M | 0.13% | −7,136−3.6% | Reduced |
| Janus Henderson Group PLC | 193,330 | $5.06M | 0.00% | +59,657+44.6% | Added |
| Cetera Investment Advisers | 197,460 | $5.16M | 0.01% | −5,247−2.6% | Reduced |
| Russell Investments Group, Ltd. | 199,489 | $5.22M | 0.01% | +22,039+12.4% | Added |
| Headlands Technologies LLC | 208,572 | $5.45M | 0.46% | +94,995+83.6% | Added |
| State of Wisconsin Investment Board | 210,073 | $5.49M | 0.01% | −382−0.2% | Reduced |
| Group One Trading, L.P. | 222,045 | $5.81M | 0.17% | +48,329+27.8% | Added |
| Neuberger Berman Group LLC | 230,747 | $6.03M | 0.00% | +106,963+86.4% | Added |
| Cambridge Investment Research Advisors, Inc. | 234,352 | $6.13M | 0.02% | −35,518−13.2% | Reduced |
| Bessemer Group Inc | 240,170 | $6.28M | 0.01% | +239,801+64,986.7% | Added |
| Advisor Group Holdings, Inc. | 253,718 | $6.63M | 0.01% | −31,218−11.0% | Reduced |
| Algert Global LLC | 255,997 | $6.69M | 0.10% | +83,887+48.7% | Added |
| Wellington Management Group LLP | 259,502 | $6.79M | 0.00% | +259,502 | New |
| Kestra Advisory Services, LLC | 262,157 | $6.86M | 0.03% | +71,821+37.7% | Added |
| Deutsche Bank AG | 272,936 | $7.14M | 0.00% | +23,951+9.6% | Added |
| Royal Bank of Canada | 299,947 | $7.84M | 0.00% | −545,961−64.5% | Reduced |
| Tudor Investment Corp Et Al | 313,633 | $8.20M | 0.04% | −933,895−74.9% | Reduced |
| AQR Capital Management LLC | 314,156 | $8.22M | 0.00% | +111,446+55.0% | Added |
| California State Teachers Retirement System | 320,968 | $8.39M | 0.01% | +29,376+10.1% | Added |
| Legal & General Group Plc | 335,836 | $8.78M | 0.00% | +8,675+2.7% | Added |
| Two Sigma Investments, LP | 347,282 | $9.08M | 0.01% | −698,600−66.8% | Reduced |
| Emerald Mutual Fund Advisers Trust | 358,640 | $9.38M | 0.46% | 00.0% | Unchanged |
| Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD | 380,350 | $9.95M | 0.65% | +380,350 | New |
| Simplex Trading, LLC | 386,080 | $10.1M | 0.28% | −63,521−14.1% | Reduced |
| McGuire Investment Group, LLC | 390,915 | $10.2M | 1.09% | −4,863−1.2% | Reduced |
| Stifel Financial Corp | 400,246 | $10.5M | 0.01% | +19,028+5.0% | Added |
| Rhumbline Advisers | 421,919 | $11.0M | 0.01% | −33,189−7.3% | Reduced |
| Foundations Investment Advisors, LLC | 471,032 | $12.3M | 0.16% | +60,050+14.6% | Added |
| Sculptor Capital LP | 473,100 | $12.4M | 0.15% | −700−0.1% | Reduced |
| Eurizon Capital SGR S.p.A. | 498,967 | $13.0M | 0.04% | +498,967 | New |
| Point72 Asset Management, L.P. | 505,761 | $13.2M | 0.02% | +504,323+35,071.1% | Added |
| Citadel Advisors LLC | 525,779 | $13.7M | 0.01% | +272,620+107.7% | Added |
| Barclays PLC | 528,257 | $13.8M | 0.01% | +56,430+12.0% | Added |
| Raymond James Financial Inc | 540,067 | $14.1M | 0.00% | −57,122−9.6% | Reduced |
| Emerald Advisers, LLC | 543,272 | $14.2M | 0.44% | −3,977−0.7% | Reduced |
| Wells Fargo & Company | 585,841 | $15.3M | 0.00% | +153,691+35.6% | Added |
| Erste Asset Management GmbH | 601,725 | $15.7M | 0.13% | +375+0.1% | Added |
| Swiss National Bank | 667,700 | $17.5M | 0.01% | +68,600+11.5% | Added |
| UBS Asset Management Americas Inc | 679,038 | $17.8M | 0.00% | +44,546+7.0% | Added |
| Mubadala Investment Co PJSC | 744,840 | $19.5M | 0.11% | +744,840 | New |
| Nomura Asset Management International Inc. | 778,541 | $20.4M | 0.03% | +778,541 | New |
| Susquehanna International Group, LLP | 779,431 | $20.4M | 0.03% | +768,323+6,916.8% | Added |
| Invesco Ltd. | 844,033 | $22.1M | 0.00% | +5,871+0.7% | Added |
| FMR LLC | 929,559 | $24.3M | 0.00% | −379,515−29.0% | Reduced |
| LPL Financial LLC | 944,234 | $24.7M | 0.01% | +57,016+6.4% | Added |
| Van Eck Associates Corp | 955,951 | $25.0M | 0.02% | +384,077+67.2% | Added |
| Lord, Abbett & Co. LLC | 969,742 | $25.4M | 0.08% | +212,357+28.0% | Added |
| Quadrature Capital Ltd | 1,120,802 | $29.3M | 0.30% | +1,120,802 | New |
| Bank of New York Mellon Corp | 1,241,377 | $32.5M | 0.01% | +189,268+18.0% | Added |
| Alliancebernstein L.P. | 1,486,056 | $38.9M | 0.01% | +1,129,865+317.2% | Added |
| Penserra Capital Management LLC | 1,490,284 | $39.0M | 0.46% | −187,072−11.2% | Reduced |
| Defiance ETFs, LLC | 1,490,284 | $39.1M | 1.28% | +1,490,284 | New |
| JPMorgan Chase & Co | 1,509,202 | $39.5M | 0.00% | −42,432−2.7% | Reduced |
| Price T Rowe Associates Inc | 1,543,731 | $40.4M | 0.00% | −3,037,038−66.3% | Reduced |
| Nuveen, LLC | 1,669,510 | $43.7M | 0.01% | +340,638+25.6% | Added |
| Renaissance Technologies LLC | 1,712,342 | $44.8M | 0.07% | −541,200−24.0% | Reduced |
| Trybe Capital Management LP | 1,936,922 | $50.7M | 9.10% | +1,936,922 | New |
| SG Americas Securities, LLC | 2,272,020 | $59.4M | 0.08% | +1,669,715+277.2% | Added |
| Morgan Stanley | 2,550,977 | $66.7M | 0.00% | −3,789,768−59.8% | Reduced |
| Northern Trust Corp | 2,837,994 | $74.2M | 0.01% | +45,959+1.6% | Added |