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 |
|---|---|---|---|---|---|
| bLong Financial, LLC | 28,793 | $752.9K | 0.53% | +300+1.1% | Added |
| Schonfeld Strategic Advisors LLC | 28,793 | $752.9K | 0.00% | +28,793 | New |
| Ameritas Investment Partners, Inc. | 27,657 | $723.2K | 0.02% | +1,832+7.1% | Added |
| AlphaStar Capital Management, LLC | 27,063 | $707.7K | 0.05% | +592+2.2% | Added |
| TCG Advisory Services, LLC | 26,981 | $705.6K | 0.02% | +570+2.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 26,515 | $693.0K | 0.00% | +23,452+765.7% | Added |
| Banque Cantonale Vaudoise | 26,349 | $689.0K | 0.02% | +26,349 | New |
| Xponance, Inc. | 26,138 | $683.5K | 0.01% | +2,198+9.2% | Added |
| MML Investors Services, LLC | 26,127 | $683.2K | 0.00% | +1,974+8.2% | Added |
| Triton Wealth Management, PLLC | 32,814 | $682.0K | 0.26% | −76−0.2% | Reduced |
| US Bancorp | 25,845 | $675.8K | 0.00% | +2,755+11.9% | Added |
| Allspring Global Investments Holdings, LLC | 23,549 | $662.4K | 0.00% | +7,270+44.7% | Added |
| Diversify Advisory Services, LLC | 22,573 | $650.8K | 0.02% | +2,397+11.9% | Added |
| Capital Advisory Group Advisory Services, LLC | 24,314 | $635.8K | 0.19% | +141+0.6% | Added |
| Geneos Wealth Management Inc. | 23,896 | $624.9K | 0.02% | −1,483−5.8% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 23,563 | $616.2K | 0.00% | +23,563 | New |
| J.W. Cole Advisors, Inc. | 25,588 | $616.1K | 0.01% | −3,191−11.1% | Reduced |
| Mosley Wealth Management | 17,967 | $615.4K | 0.28% | +17,967 | New |
| Quest Partners LLC | 23,458 | $613.4K | 0.03% | −5,669−19.5% | Reduced |
| Legato Capital Management LLC | 23,095 | $603.9K | 0.05% | +23,095 | New |
| RSM US Wealth Management LLC | 22,904 | $601.2K | 0.01% | +3,424+17.6% | Added |
| JustInvest LLC | 22,551 | $589.7K | 0.01% | +10,554+88.0% | Added |
| CIBC World Markets Corp | 22,160 | $579.5K | 0.00% | +22,160 | New |
| National Asset Management, Inc. | 21,922 | $573.3K | 0.03% | +1,721+8.5% | Added |
| Wealth Analytics Partners, LLC | 21,921 | $573.2K | 0.22% | +21,921 | New |
| Scotia Capital Inc. | 21,728 | $568.2K | 0.00% | +13,152+153.4% | Added |
| Stratos Wealth Partners, LTD. | 20,847 | $545.1K | 0.01% | −752−3.5% | Reduced |
| Ensign Peak Advisors, Inc | 20,650 | $540.0K | 0.00% | −29,700−59.0% | Reduced |
| Nations Financial Group Inc, | 20,621 | $539.2K | 0.03% | −10,322−33.4% | Reduced |
| Independent Financial Group, LLC | 20,500 | $536.1K | 0.01% | +263+1.3% | Added |
| Beacon Pointe Advisors, LLC | 20,320 | $531.4K | 0.00% | −344−1.7% | Reduced |
| Steward Partners Investment Advisory, LLC | 20,236 | $529.2K | 0.00% | −1,435−6.6% | Reduced |
| Sandler Capital Management | 20,000 | $523.0K | 0.24% | +20,000 | New |
| BayBridge Capital Group, LLC | 19,018 | $497.3K | 0.31% | −12,696−40.0% | Reduced |
| Cerity Partners LLC | 18,745 | $489.9K | 0.00% | +8,463+82.3% | Added |
| CAPROCK Group, Inc. | 18,723 | $489.6K | 0.01% | +18,723 | New |
| Mackenzie Financial Corp | 18,677 | $489.3K | 0.00% | +2,362+14.5% | Added |
| Concurrent Investment Advisors, LLC | 18,698 | $489.0K | 0.01% | −11,536−38.2% | Reduced |
| The PNC Financial Services Group, Inc. | 18,308 | $478.8K | 0.00% | +9,079+98.4% | Added |
| Abel Hall, LLC | 18,055 | $472.1K | 0.11% | +18,055 | New |
| TD Waterhouse Canada Inc. | 17,824 | $465.7K | 0.00% | +6,197+53.3% | Added |
| Bank of Montreal | 17,688 | $462.5K | 0.00% | +456+2.6% | Added |
| Acadian Asset Management LLC | 17,587 | $459.0K | 0.00% | +17,587 | New |
| HSBC Holdings PLC | 17,182 | $452.4K | 0.00% | +7,530+78.0% | Added |
| Focus Financial Network, Inc. | 17,273 | $451.7K | 0.02% | −1,205−6.5% | Reduced |
| Ashton Thomas Private Wealth, LLC | 16,810 | $439.6K | 0.01% | +10+0.1% | Added |
| Wealth Quarterback LLC | 16,522 | $432.1K | 0.16% | −4,417−21.1% | Reduced |
| QP Wealth Management, LLC | 16,511 | $431.8K | 0.38% | +16,511 | New |
| Sigma Planning Corp | 16,329 | $430.9K | 0.01% | +560+3.6% | Added |
| Capital Advisors Wealth Management, LLC | 16,476 | $430.8K | 0.06% | +1,200+7.9% | Added |
| Swiss Life Asset Management Ltd | 16,374 | $428.2K | 0.00% | +2,417+17.3% | Added |
| Arete Wealth Advisors, LLC | 16,296 | $426.1K | 0.03% | −3,275−16.7% | Reduced |
| CWM Advisors, LLC | 16,270 | $425.5K | 0.04% | −117−0.7% | Reduced |
| Ridgecrest Wealth Partners, LLC | 16,005 | $418.5K | 0.23% | +4,814+43.0% | Added |
| Lazard Asset Management LLC | 15,420 | $403.2K | 0.00% | +15,420 | New |
| Savvy Advisors, Inc. | 15,380 | $402.2K | 0.01% | +1,179+8.3% | Added |
| Ascent Wealth Partners, LLC | 15,007 | $392.4K | 0.05% | −420−2.7% | Reduced |
| 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 |
| Graham Capital Management, L.P. | 14,884 | $389.2K | 0.01% | +14,884 | New |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 14,772 | $386.3K | 0.01% | +2,306+18.5% | Added |
| Prakash Investment Advisors LLC | 14,618 | $382.3K | 0.29% | −649−4.3% | Reduced |
| Jennison Associates LLC | 14,226 | $372.0K | 0.00% | +14,226 | New |
| Gsa Capital Partners LLP | 14,188 | $371.0K | 0.03% | +14,188 | New |
| IHT Wealth Management, LLC | 14,071 | $368.0K | 0.01% | +1,880+15.4% | Added |
| Two Sigma Securities, LLC | 13,845 | $362.0K | 0.05% | +13,845 | New |
| XTX Topco Ltd | 13,830 | $361.7K | 0.01% | −2,456−15.1% | Reduced |
| International Assets Investment Management, LLC | 13,628 | $356.4K | 0.02% | +13,628 | New |
| Guggenheim Capital LLC | 13,515 | $353.4K | 0.00% | +13,515 | New |
| Prosperity Wealth Management, Inc. | 13,485 | $352.6K | 0.12% | −10,550−43.9% | Reduced |
| Princeton Capital Management LLC | 13,415 | $350.8K | 0.09% | +1,605+13.6% | Added |
| R Squared Ltd | 13,228 | $345.9K | 0.16% | +393+3.1% | Added |
| Blue Rock Wealth Management LLC | 13,200 | $345.2K | 0.21% | 00.0% | Unchanged |
| Jane Street Group, LLC | 13,064 | $341.6K | 0.00% | −863−6.2% | Reduced |
| PFG Investments, LLC | 12,871 | $336.6K | 0.02% | +3,281+34.2% | Added |
| D.A. Davidson & Co. | 12,575 | $328.8K | 0.00% | −1,890−13.1% | Reduced |
| Great Valley Advisor Group, Inc. | 12,544 | $327.8K | 0.01% | −327−2.5% | Reduced |
| Schneider Downs Wealth Management Advisors, LP | 12,500 | $326.9K | 0.04% | 00.0% | Unchanged |
| Fox Hill Wealth Management | 12,432 | $325.1K | 0.15% | −1,177−8.6% | Reduced |
| Rossmore Private Capital | 11,920 | $311.7K | 0.03% | 00.0% | Unchanged |
| Silverleafe Capital Partners, LLC | 11,915 | $311.6K | 0.09% | +11,915 | New |
| Walser Wealth Management Company, A Ltd Liability Co | 11,908 | $311.4K | 0.16% | +11,908 | New |
| Lauer Wealth, LLC | 10,500 | $307.4K | 0.23% | 00.0% | Unchanged |
| Change Path, LLC | 11,731 | $306.8K | 0.01% | +11,731 | New |
| Keel Point, LLC | 11,610 | $303.6K | 0.02% | −293−2.5% | Reduced |
| Wellington Shields & Co., LLC | 11,600 | $303.3K | 0.07% | −500−4.1% | Reduced |
| Marathon Trading Investment Management LLC | 11,300 | $295.5K | 0.04% | −3,700−24.7% | Reduced |
| Chicago Partners Investment Group LLC | 11,527 | $295.4K | 0.01% | −444−3.7% | Reduced |
| Teacher Retirement System of Texas | 11,204 | $293.0K | 0.00% | −29,124−72.2% | Reduced |
| Tower Research Capital LLC (TRC) | 11,175 | $292.2K | 0.01% | −2,892−20.6% | Reduced |
| CWM, LLC | 11,075 | $290.0K | 0.00% | +4,501+68.5% | Added |
| Verition Fund Management LLC | 10,957 | $286.5K | 0.00% | −16,463−60.0% | Reduced |
| Kingsview Wealth Management, LLC | 10,872 | $284.3K | 0.00% | −365−3.2% | Reduced |
| Integrated Wealth Concepts LLC | 10,790 | $282.2K | 0.00% | −3,128−22.5% | Reduced |
| Valmark Advisers, Inc. | 10,609 | $277.4K | 0.00% | +10,609 | New |
| Amalgamated Bank | 10,523 | $275.0K | 0.00% | +689+7.0% | Added |
| Parisi Gray Wealth Management | 10,410 | $272.2K | 0.06% | +10,410 | New |
| Commerce Bank | 10,385 | $271.6K | 0.00% | +2,175+26.5% | Added |
| KBC Group NV | 10,379 | $271.0K | 0.00% | +1,540+17.4% | Added |