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 |
|---|---|---|---|---|---|
| New York State Common Retirement Fund | 105,700 | $2.76M | 0.00% | +5,371+5.4% | Added |
| D. E. Shaw & Co., Inc. | 92,773 | $2.43M | 0.00% | −13,555,579−99.3% | Reduced |
| Handelsbanken Fonder AB | 92,700 | $2.42M | 0.01% | +92,700 | New |
| Franklin Resources Inc | 92,523 | $2.42M | 0.00% | −7,242−7.3% | Reduced |
| Arizona State Retirement System | 92,037 | $2.41M | 0.01% | +613+0.7% | Added |
| Police & Firemen's Retirement System of New Jersey | 90,253 | $2.36M | 0.02% | +4,280+5.0% | Added |
| Vontobel Holding Ltd. | 85,999 | $2.25M | 0.01% | +11,413+15.3% | Added |
| Banque Pictet & Cie SA | 85,000 | $2.22M | 0.02% | 00.0% | Unchanged |
| RB Capital Management, LLC | 80,350 | $2.10M | 0.43% | +80,350 | New |
| Oppenheimer & Co Inc | 79,913 | $2.09M | 0.03% | −4,454−5.3% | Reduced |
| Citizens Financial Group Inc | 78,360 | $2.05M | 0.03% | −50−0.1% | Reduced |
| Marietta Investment Partners LLC | 76,660 | $2.00M | 0.40% | −1,100−1.4% | Reduced |
| Janney Montgomery Scott LLC | 75,993 | $1.99M | 0.00% | +60,618+394.3% | Added |
| Federation des caisses Desjardins du Quebec | 73,123 | $1.91M | 0.01% | +24,073+49.1% | Added |
| Brown Miller Wealth Management, LLC | 72,421 | $1.89M | 0.52% | −13,846−16.1% | Reduced |
| SEI Investments Co | 72,375 | $1.89M | 0.00% | +2,438+3.5% | Added |
| KLP Kapitalforvaltning AS | 72,200 | $1.89M | 0.01% | +7,700+11.9% | Added |
| Los Angeles Capital Management LLC | 52,181 | $1.88M | 0.01% | −11,720−18.3% | Reduced |
| Main Management ETF Advisors, LLC | 69,687 | $1.82M | 0.06% | +712+1.0% | Added |
| CloudAlpha Capital Management Limited/Hong Kong | 67,300 | $1.76M | 0.16% | +67,300 | New |
| Parallax Volatility Advisers, L.P. | 66,686 | $1.74M | 0.05% | −7,063−9.6% | Reduced |
| Colony Group, LLC | 65,590 | $1.71M | 0.00% | +12,614+23.8% | Added |
| Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. | 65,000 | $1.70M | 2.67% | +65,000 | New |
| Ameriprise Financial Inc | 64,996 | $1.70M | 0.00% | −600,324−90.2% | Reduced |
| WCG Wealth Advisors LLC | 63,360 | $1.66M | 0.05% | +10,139+19.1% | Added |
| State Board of Administration of Florida Retirement System | 62,968 | $1.65M | 0.00% | 00.0% | Unchanged |
| Magnetar Financial LLC | 62,787 | $1.64M | 0.02% | +62,787 | New |
| Lisanti Capital Growth, LLC | 62,485 | $1.63M | 0.39% | +62,485 | New |
| ProShare Advisors LLC | 61,841 | $1.62M | 0.00% | +8,124+15.1% | Added |
| Mercer Global Advisors Inc | 60,175 | $1.57M | 0.00% | +30,223+100.9% | Added |
| STRS Ohio | 59,700 | $1.56M | 0.01% | +4,600+8.3% | Added |
| Voya Investment Management LLC | 59,465 | $1.56M | 0.00% | +3,662+6.6% | Added |
| Hennion & Walsh Asset Management, Inc. | 58,183 | $1.52M | 0.05% | +16,363+39.1% | Added |
| SIH Partners, LLLP | 57,128 | $1.49M | 0.09% | +57,128 | New |
| Wealth Enhancement Advisory Services, LLC | 47,459 | $1.48M | 0.00% | −2,162−4.4% | Reduced |
| Brinker Capital Investments, LLC | 56,037 | $1.47M | 0.01% | −56,244−50.1% | Reduced |
| CIBC World Markets Inc. | 54,760 | $1.43M | 0.00% | +40,897+295.0% | Added |
| Belvedere Trading LLC | 52,527 | $1.37M | 0.25% | +52,527 | New |
| IMC-Chicago, LLC | 52,430 | $1.37M | 0.02% | −39,696−43.1% | Reduced |
| Polymer Capital Management (US) LLC | 52,107 | $1.36M | 0.18% | +52,107 | New |
| Nisa Investment Advisors, LLC | 51,460 | $1.35M | 0.00% | −393−0.8% | Reduced |
| GWM Advisors LLC | 51,292 | $1.34M | 0.00% | −1,988−3.7% | Reduced |
| Money Concepts Capital Corp | 50,758 | $1.33M | 0.07% | +50,758 | New |
| Quantinno Capital Management LP | 50,245 | $1.31M | 0.00% | +50,245 | New |
| Seven Grand Managers, LLC | 50,000 | $1.31M | 0.10% | +50,000 | New |
| EFG International AG | 49,775 | $1.30M | 0.03% | +49,775 | New |
| Man Group plc | 49,666 | $1.30M | 0.00% | −330,971−87.0% | Reduced |
| Pictet Asset Management Holding SA | 49,279 | $1.29M | 0.00% | +6,992+16.5% | Added |
| OpenArc Corporate Advisory, LLC | 49,267 | $1.29M | 0.02% | +49,267 | New |
| StoneX Group Inc. | 48,494 | $1.27M | 0.06% | +48,494 | New |
| Flagship Harbor Advisors, LLC | 48,059 | $1.26M | 0.06% | +319+0.7% | Added |
| Vident Advisory, LLC | 47,077 | $1.23M | 0.01% | +1,276+2.8% | Added |
| Kovack Advisors, Inc. | 46,832 | $1.22M | 0.06% | −12,778−21.4% | Reduced |
| Eagle Strategies LLC | 46,003 | $1.20M | 0.15% | +1,528+3.4% | Added |
| Caxton Associates LLP | 45,004 | $1.18M | 0.02% | +45,004 | New |
| Summit Financial, LLC | 43,527 | $1.14M | 0.02% | +20,400+88.2% | Added |
| Massachusetts Financial Services Co | 42,583 | $1.11M | 0.00% | +42,583 | New |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 39,400 | $1.11M | 0.00% | +39,400 | New |
| Modus Advisors, LLC | 42,254 | $1.10M | 0.29% | +503+1.2% | Added |
| Blair William & Co | 41,899 | $1.10M | 0.00% | +6,582+18.6% | Added |
| Pensionmark Financial Group, LLC | 41,691 | $1.09M | 0.02% | +27,592+195.7% | Added |
| Navellier & Associates Inc | 40,963 | $1.07M | 0.12% | −9,825−19.3% | Reduced |
| Encompass More Asset Management | 40,670 | $1.06M | 0.20% | +40,670 | New |
| Laidlaw Wealth Management LLC | 40,621 | $1.06M | 3.29% | +1,508+3.9% | Added |
| Dark Forest Capital Management LP | 40,608 | $1.06M | 0.05% | +40,608 | New |
| Flynn Zito Capital Management, LLC | 40,000 | $1.05M | 0.37% | −100,000−71.4% | Reduced |
| Captrust Financial Advisors | 39,899 | $1.04M | 0.00% | +1,689+4.4% | Added |
| Wealth Management Partners, LLC | 39,438 | $1.03M | 0.29% | +6,100+18.3% | Added |
| Truist Financial Corp | 38,892 | $1.02M | 0.00% | +18,090+87.0% | Added |
| Victory Capital Management Inc | 38,834 | $1.02M | 0.00% | +1,232+3.3% | Added |
| Mutual Advisors, LLC | 38,795 | $1.01M | 0.02% | −4,462−10.3% | Reduced |
| Altshuler Shaham Ltd | 38,500 | $1.01M | 0.02% | +38,500 | New |
| Sanctuary Advisors, LLC | 37,527 | $981.3K | 0.01% | +2,052+5.8% | Added |
| Veracity Capital LLC | 37,455 | $979.4K | 0.29% | +9,825+35.6% | Added |
| Warren Averett Asset Management, LLC | 37,118 | $970.6K | 0.01% | +4,970+15.5% | Added |
| Csenge Advisory Group | 36,924 | $965.6K | 0.04% | +1,038+2.9% | Added |
| Dimensional Fund Advisors LP | 36,740 | $960.8K | 0.00% | −20,128−35.4% | Reduced |
| Comerica Bank | 36,458 | $953.4K | 0.00% | +150.0% | Added |
| Advisory Services Network, LLC | 36,277 | $948.6K | 0.01% | −4,265−10.5% | Reduced |
| Wealthfront Advisers LLC | 36,012 | $941.7K | 0.00% | +6,665+22.7% | Added |
| Virginia Retirement Systems Et Al | 35,200 | $920.5K | 0.01% | +8,700+32.8% | Added |
| Independent Advisor Alliance | 34,526 | $902.9K | 0.02% | −474−1.4% | Reduced |
| Strategic Advocates LLC | 33,902 | $889.9K | 0.23% | +187+0.6% | Added |
| Exchange Traded Concepts, LLC | 33,859 | $885.4K | 0.01% | +30,306+853.0% | Added |
| Cresset Asset Management, LLC | 32,919 | $860.8K | 0.00% | +12,223+59.1% | Added |
| Private Advisor Group, LLC | 32,560 | $851.4K | 0.00% | −13,708−29.6% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 32,184 | $841.6K | 0.02% | −537,559−94.4% | Reduced |
| Farther Finance Advisors, LLC | 31,996 | $836.7K | 0.01% | +12,460+63.8% | Added |
| Leonteq Securities AG | 31,789 | $831.3K | 0.04% | +111+0.4% | Added |
| Gotham Asset Management, LLC | 31,246 | $817.1K | 0.00% | −7,747−19.9% | Reduced |
| CI Private Wealth, LLC | 30,797 | $805.3K | 0.00% | +6,319+25.8% | Added |
| Florida Financial Advisors, LLC | 30,777 | $803.7K | 0.22% | −31,212−50.4% | Reduced |
| Carroll Investors, Inc | 30,485 | $797.2K | 0.38% | 00.0% | Unchanged |
| Public Employees Retirement Association of Colorado | 30,059 | $786.0K | 0.00% | 00.0% | Unchanged |
| DMG Group, LLC | 29,988 | $784.2K | 0.52% | +11,140+59.1% | Added |
| Tempo Wealth, LLC | 29,610 | $774.3K | 0.14% | +29,610 | New |
| Axxcess Wealth Management, LLC | 29,569 | $773.2K | 0.01% | −162−0.5% | Reduced |
| Kestra Private Wealth Services, LLC | 29,297 | $766.1K | 0.01% | +615+2.1% | Added |
| Principal Financial Group Inc | 29,172 | $762.8K | 0.00% | +5,513+23.3% | Added |
| Lido Advisors, LLC | 30,060 | $758.7K | 0.00% | +10,921+57.1% | Added |