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 |
|---|---|---|---|---|---|
| Regal Investment Advisors LLC | 10,299 | $269.3K | 0.02% | −9,430−47.8% | Reduced |
| M&T Bank Corp | 10,224 | $267.3K | 0.00% | +10,224 | New |
| LVZ Advisors, Inc. | 10,209 | $267.0K | 0.03% | +6+0.1% | Added |
| Harbour Capital Advisors, LLC | 9,350 | $263.0K | 0.05% | 00.0% | Unchanged |
| Davenport & Co LLC | 10,050 | $262.8K | 0.00% | +10,050 | New |
| Teachers Retirement System of the State of Kentucky | 10,008 | $262.0K | 0.00% | +10,008 | New |
| 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 |
| Presilium Private Wealth, LLC | 9,970 | $260.7K | 0.05% | −450−4.3% | Reduced |
| Blue Bell Private Wealth Management, LLC | 9,754 | $255.1K | 0.04% | −147−1.5% | Reduced |
| Noble Wealth Management PBC | 9,600 | $251.0K | 0.13% | +600+6.7% | Added |
| Total Wealth Planning & Management, Inc. | 9,569 | $250.2K | 0.20% | +9,569 | New |
| Evanson Asset Management, LLC | 9,484 | $248.0K | 0.01% | 00.0% | Unchanged |
| KPP Advisory Services LLC | 9,475 | $247.8K | 0.04% | −545−5.4% | Reduced |
| Tulsa Wealth Advisors, INC | 9,471 | $247.7K | 0.08% | +9,471 | New |
| Inspire Advisors, LLC | 9,457 | $247.3K | 0.02% | +148+1.6% | Added |
| Allworth Financial LP | 9,410 | $246.1K | 0.00% | −952−9.2% | Reduced |
| Equitable Holdings, Inc. | 9,362 | $244.8K | 0.00% | +9,362 | New |
| Thompson David Blair | 9,342 | $244.3K | 0.14% | +9,342 | New |
| Insight Wealth Partners, LLC | 9,196 | $240.5K | 0.10% | +9,196 | New |
| Everence Capital Management Inc | 9,189 | $240.0K | 0.01% | 00.0% | Unchanged |
| OP Asset Management Ltd | 9,063 | $237.0K | 0.00% | −2,537−21.9% | Reduced |
| Sovereign Financial Group, Inc. | 9,010 | $235.6K | 0.04% | −1,750−16.3% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 8,845 | $231.3K | 0.00% | +8,845 | New |
| Bedel Financial Consulting, Inc. | 8,695 | $227.4K | 0.02% | 00.0% | Unchanged |
| American Century Companies Inc | 8,665 | $226.6K | 0.00% | +8,665 | New |
| Buckingham Strategic Partners | 8,555 | $223.7K | 0.00% | −4,451−34.2% | Reduced |
| Verity Asset Management, Inc. | 8,430 | $220.4K | 0.09% | −8,107−49.0% | Reduced |
| O'Shaughnessy Asset Management, LLC | 8,425 | $220.3K | 0.00% | +8,425 | New |
| Mirabella Financial Services LLP | 8,412 | $220.0K | 0.02% | +8,412 | New |
| Fortem Financial Group, LLC | 8,381 | $219.2K | 0.06% | +8,381 | New |
| Tradition Wealth Management, LLC | 8,311 | $217.3K | 0.02% | +8,311 | New |
| Oxford Wealth Group, LLC | 8,175 | $213.8K | 0.10% | +8,175 | New |
| Ameriflex Group, Inc. | 8,000 | $209.2K | 0.11% | −25,850−76.4% | Reduced |
| Herold Advisors, Inc. | 8,000 | $209.2K | 0.05% | −200−2.4% | Reduced |
| Aspire Capital Advisors LLC | 7,997 | $209.1K | 0.05% | −448−5.3% | Reduced |
| Heritage Wealth Advisors | 7,985 | $208.8K | 0.01% | 00.0% | Unchanged |
| IFP Advisors, Inc | 7,956 | $208.0K | 0.00% | +1,186+17.5% | Added |
| Ticino Wealth | 7,900 | $206.6K | 0.08% | +7,900 | New |
| Roof Eidam & Maycock | 7,800 | $204.0K | 0.05% | +7,800 | New |
| Capstone Capital Management Ltd | 7,800 | $204.0K | 0.20% | +7,800 | New |
| Envestnet Asset Management Inc | 7,737 | $202.3K | 0.00% | −35,338−82.0% | Reduced |
| Benjamin Edwards Inc | 7,696 | $201.2K | 0.00% | +7,696 | New |
| Archford Capital Strategies, LLC | 7,668 | $200.5K | 0.02% | +7,668 | New |
| SRS Capital Advisors, Inc. | 7,591 | $198.5K | 0.01% | −1,326−14.9% | Reduced |
| Clal Insurance Enterprises Holdings Ltd | 7,000 | $183.0K | 0.00% | +7,000 | New |
| Spire Wealth Management | 6,920 | $181.0K | 0.01% | −1,026−12.9% | Reduced |
| Traynor Capital Management, Inc. | 6,542 | $171.1K | 0.01% | +6,542 | New |
| Smithfield Trust Co | 5,865 | $153.0K | 0.01% | +5,865 | New |
| Virtus ETF Advisers LLC | 5,589 | $146.2K | 0.07% | +5,589 | New |
| Clearstead Advisors, LLC | 5,397 | $141.1K | 0.00% | −6,607−55.0% | Reduced |
| CoreCap Advisors, LLC | 5,300 | $138.6K | 0.00% | +1,929+57.2% | Added |
| Generali Asset Management SPA SGR | 5,298 | $138.5K | 0.00% | +5,298 | New |
| Walleye Capital LLC | 5,091 | $133.1K | 0.00% | −131,324−96.3% | Reduced |
| Signaturefd, LLC | 5,018 | $131.2K | 0.00% | −300−5.6% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 4,985 | $130.4K | 0.01% | +4,985 | New |
| V-Square Quantitative Management LLC | 4,561 | $119.3K | 0.01% | +4,561 | New |
| Westfuller Advisors, LLC | 4,561 | $119.3K | 0.05% | +4,561 | New |
| Cascades Capital Asset Management, LLC | 4,522 | $118.3K | 0.05% | −644−12.5% | Reduced |
| Optiver Holding B.V. | 4,507 | $117.9K | 0.00% | −3,970−46.8% | Reduced |
| Hollencrest Capital Management | 4,000 | $104.6K | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 3,874 | $101.3K | 0.00% | +2,048+112.2% | Added |
| Center for Financial Planning, Inc. | 3,645 | $95.3K | 0.01% | 00.0% | Unchanged |
| Tripletail Wealth Management, LLC | 3,500 | $91.5K | 0.12% | −108−3.0% | Reduced |
| Spirit of America Management Corp | 3,500 | $91.5K | 0.02% | +3,500 | New |
| Global Retirement Partners, LLC | 3,491 | $91.3K | 0.00% | −12,741−78.5% | Reduced |
| Silicon Valley Capital Partners | 3,465 | $90.6K | 0.01% | 00.0% | Unchanged |
| Horizon Investments, LLC | 3,460 | $90.5K | 0.00% | −93−2.6% | Reduced |
| Huntington National Bank | 3,316 | $86.7K | 0.00% | +16+0.5% | Added |
| Close Asset Management Ltd | 3,230 | $84.0K | 0.00% | −1,200−27.1% | Reduced |
| Danske Bank A/S | 3,200 | $83.7K | 0.00% | +700+28.0% | Added |
| MAI Capital Management | 2,837 | $74.2K | 0.00% | −1,846−39.4% | Reduced |
| GAMMA Investing LLC | 2,741 | $71.7K | 0.00% | +867+46.3% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 2,740 | $71.6K | 0.00% | +765+38.7% | Added |
| Bogart Wealth, LLC | 2,691 | $70.4K | 0.00% | +1,381+105.4% | Added |
| NBC Securities, Inc. | 2,519 | $65.9K | 0.00% | +231+10.1% | Added |
| Toronto Dominion Bank | 2,417 | $63.2K | 0.00% | +2,417 | New |
| Vermillion Wealth Management, Inc. | 2,300 | $60.1K | 0.02% | +2,300 | New |
| Sterling Capital Management LLC | 2,188 | $57.2K | 0.00% | +1,439+192.1% | Added |
| NVWM, LLC | 2,100 | $54.9K | 0.01% | 00.0% | Unchanged |
| Stone House Investment Management, LLC | 2,028 | $53.0K | 0.01% | +1,428+238.0% | Added |
| Atlantic Union Bankshares Corp | 2,000 | $52.3K | 0.00% | −25−1.2% | Reduced |
| Reyes Financial Architecture, Inc. | 2,000 | $52.3K | 0.03% | 00.0% | Unchanged |
| Natixis | 1,880 | $49.2K | 0.00% | −8,836−82.5% | Reduced |
| Tucker Asset Management LLC | 1,804 | $47.2K | 0.01% | +1,804 | New |
| Key Client Fiduciary Advisors, LLC | 1,800 | $47.1K | 0.02% | −7,575−80.8% | Reduced |
| Northwestern Mutual Wealth Management Co | 1,757 | $45.9K | 0.00% | −576−24.7% | Reduced |
| Rothschild Investment LLC | 1,697 | $44.4K | 0.00% | −443−20.7% | Reduced |
| Banque Transatlantique SA | 1,650 | $43.1K | 0.00% | −550−25.0% | Reduced |
| Larson Financial Group LLC | 1,640 | $42.9K | 0.00% | −214−11.5% | Reduced |
| Wall Street Access Asset Management, LLC | 1,631 | $42.6K | 0.01% | 00.0% | Unchanged |
| Cornerstone Planning Group LLC | 1,700 | $42.4K | 0.01% | −119−6.5% | Reduced |
| Creative Financial Designs Inc | 1,610 | $42.1K | 0.00% | +60+3.9% | Added |
| Valley National Advisers Inc | 1,595 | $41.0K | 0.01% | +1,100+222.2% | Added |
| Murphy & Mullick Capital Management Corp | 1,550 | $40.5K | 0.03% | +150+10.7% | Added |
| Fifth Third Bancorp | 1,542 | $40.3K | 0.00% | −982−38.9% | Reduced |
| Financial Consulate, Inc | 1,521 | $39.8K | 0.01% | +250+19.7% | Added |
| Ancora Advisors, LLC | 1,505 | $39.4K | 0.00% | +300+24.9% | Added |
| Nemes Rush Group LLC | 1,500 | $39.2K | 0.00% | 00.0% | Unchanged |
| Triumph Capital Management | 1,500 | $39.2K | 0.01% | +1,500 | New |