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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, Q1 2026

Institutional positions in D-Wave Quantum Inc. as of Mar 31, 2026. 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
493
−8 vs. Q4 2025
Shares held
175.5M
+43.3M (+32.8%) vs. Q4 2025
Total value
$2.54B
−$920.8M (−26.6%) vs. Q4 2025
New holders
86
173 more added
Sold out
94
148 more reduced

10 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 493 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 1 institutionQ3 2022: 21 institutionsQ4 2022: 24 institutionsQ1 2023: 29 institutionsQ2 2023: 39 institutionsQ3 2023: 49 institutionsQ4 2023: 51 institutionsQ1 2024: 60 institutionsQ2 2024: 80 institutionsQ3 2024: 88 institutionsQ4 2024: 199 institutionsQ1 2025: 270 institutionsQ2 2025: 359 institutionsQ3 2025: 459 institutionsQ4 2025: 511 institutionsQ1 2026: 493 institutionsQ2 2026: 553 institutions
Value heldQ1 2026: $2.54B
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $41.8KQ3 2022: $555.9MQ4 2022: $103.7MQ1 2023: $47.0MQ2 2023: $150.2MQ3 2023: $71.6MQ4 2023: $64.9MQ1 2024: $136.7MQ2 2024: $92.9MQ3 2024: $83.7MQ4 2024: $770.3MQ1 2025: $712.1MQ2 2025: $2.30BQ3 2025: $4.52BQ4 2025: $4.43BQ1 2026: $2.54BQ2 2026: $4.73B
Institutions holding QBTS and their total value by quarter
QuarterHoldersValue
Q2 2026553$4.73B
Q1 2026493$2.54B
Q4 2025511$4.43B
Q3 2025459$4.52B
Q2 2025359$2.30B
Q1 2025270$712.1M
Q4 2024199$770.3M
Q3 202488$83.7M
Q2 202480$92.9M
Q1 202460$136.7M
Q4 202351$64.9M
Q3 202349$71.6M
Q2 202339$150.2M
Q1 202329$47.0M
Q4 202224$103.7M
Q3 202221$555.9M
Q2 20221$41.8K
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding D-Wave Quantum Inc.; share changes are against Q4 2025.

Institutions holding QBTS in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.30,153,928$435.1M0.01%+1,955,487+6.9%Added
Vanguard Portfolio Management LLC20,793,131$300.0M0.02%+20,793,131New
Vanguard Capital Management LLC15,851,525$228.7M0.01%+15,851,525New
UBS Group AG9,869,575$142.4M0.03%−393,859−3.8%Reduced
Geode Capital Management, LLC9,039,744$131.9M0.01%+645,018+7.7%Added
State Street Corp8,470,803$122.2M0.00%+763,718+9.9%Added
Clear Street Group Inc.5,708,970$82.4M0.46%+1,427,716+33.3%Added
Goldman Sachs Group Inc4,277,322$61.7M0.01%+729,309+20.6%Added
Bank of America Corp3,886,036$56.1M0.00%+368,486+10.5%Added
HRT Financial LP3,359,551$48.5M0.12%+3,359,551New
Charles Schwab Investment Management Inc3,236,081$46.7M0.01%+174,506+5.7%Added
UNICOM Systems, Inc.3,121,346$45.0M4.62%00.0%Unchanged
Northern Trust Corp3,117,739$45.0M0.01%+279,745+9.9%Added
Vanguard Fiduciary Trust Co2,537,866$36.6M0.01%+2,537,866New
Jane Street Group, LLC2,382,300$34.4M0.04%+2,369,236+18,135.6%Added
Morgan Stanley2,341,753$33.8M0.00%−209,224−8.2%Reduced
Voloridge Investment Management, LLC2,124,315$30.7M0.12%+2,124,315New
Susquehanna International Group, LLP1,734,355$25.0M0.03%+954,924+122.5%Added
Penserra Capital Management LLC1,569,923$22.7M0.27%+79,639+5.3%Added
Van Eck Associates Corp1,532,953$22.1M0.02%+577,002+60.4%Added
Nuveen, LLC1,453,264$21.0M0.01%−216,246−13.0%Reduced
Bank of New York Mellon Corp1,429,367$20.6M0.00%+187,990+15.1%Added
JPMorgan Chase & Co1,367,949$17.8M0.00%−141,253−9.4%Reduced
LPL Financial LLC1,042,447$15.0M0.00%+98,213+10.4%Added
Marex Group plc993,190$14.3M0.15%−3,599,466−78.4%Reduced
SG Americas Securities, LLC982,664$14.2M0.02%−1,289,356−56.7%Reduced
FMR LLC834,216$12.0M0.00%−95,343−10.3%Reduced
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD781,195$11.3M0.74%+400,845+105.4%Added
Citadel Advisors LLC774,073$11.2M0.01%+248,294+47.2%Added
UBS Asset Management Americas Inc773,926$11.2M0.00%+94,888+14.0%Added
Alliancebernstein L.P.412,950$10.8M0.00%−1,073,106−72.2%Reduced
Mubadala Investment Co PJSC744,840$10.7M0.05%00.0%Unchanged
Nomura Asset Management International Inc.690,145$9.96M0.02%−88,396−11.4%Reduced
Swiss National Bank686,300$9.90M0.01%+18,600+2.8%Added
Jump Financial, LLC665,105$9.60M0.14%+559,318+528.7%Added
Invesco Ltd.630,544$9.10M0.00%−213,489−25.3%Reduced
Eurizon Capital SGR S.p.A.577,688$8.33M0.03%+78,721+15.8%Added
Tudor Investment Corp Et Al576,806$8.32M0.04%+263,173+83.9%Added
Foundations Investment Advisors, LLC556,115$8.02M0.10%+85,083+18.1%Added
Emerald Advisers, LLC540,331$7.80M0.25%−2,941−0.5%Reduced
Connor, Clark & Lunn Investment Management Ltd.539,709$7.79M0.02%+516,146+2,190.5%Added
Walleye Capital LLC528,059$7.62M0.05%+522,968+10,272.4%Added
Telemark Asset Management, LLC500,000$7.21M0.67%+500,000New
Raymond James Financial Inc482,573$6.96M0.00%−57,494−10.6%Reduced
Rhumbline Advisers462,671$6.68M0.01%+40,752+9.7%Added
Qube Research & Technologies Ltd446,032$6.44M0.01%+446,032New
Stifel Financial Corp411,262$5.93M0.01%+11,016+2.8%Added
Price T Rowe Associates Inc410,310$5.92M0.00%−1,133,421−73.4%Reduced
California State Teachers Retirement System407,235$5.88M0.01%+86,267+26.9%Added
Voya Investment Management LLC400,908$5.79M0.01%+341,443+574.2%Added
Wellington Management Group LLP385,413$5.56M0.00%+125,911+48.5%Added
McGuire Investment Group, LLC379,889$5.48M0.62%−11,026−2.8%Reduced
BNP Paribas Arbitrage, SA379,633$5.48M0.00%+246,146+184.4%Added
Emerald Mutual Fund Advisers Trust358,640$5.18M0.25%00.0%Unchanged
Wells Fargo & Company353,862$5.11M0.00%−231,979−39.6%Reduced
Deutsche Bank AG344,511$4.97M0.00%+71,575+26.2%Added
Defiance ETFs, LLC341,854$4.93M0.07%−1,148,430−77.1%Reduced
Marshall Wace, LLP340,363$4.91M0.01%+340,363New
Vanguard Asset Management, Ltd321,788$4.64M0.00%+321,788New
Algert Global LLC313,016$4.52M0.07%+57,019+22.3%Added
Legal & General Group Plc277,513$4.00M0.00%−58,323−17.4%Reduced
Vontobel Holding Ltd.267,424$3.86M0.01%+181,425+211.0%Added
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD266,805$3.85M0.76%+137,155+105.8%Added
Two Sigma Investments, LP265,113$3.83M0.00%−82,169−23.7%Reduced
Kestra Advisory Services, LLC255,970$3.69M0.01%−6,187−2.4%Reduced
Royal Bank of Canada240,749$3.47M0.00%−59,198−19.7%Reduced
Advisor Group Holdings, Inc.231,370$3.34M0.00%−22,348−8.8%Reduced
Cambridge Investment Research Advisors, Inc.218,950$3.16M0.01%−15,402−6.6%Reduced
State of Wisconsin Investment Board216,748$3.13M0.01%+6,675+3.2%Added
Group One Trading, L.P.213,505$3.08M0.10%−8,540−3.8%Reduced
MetLife Investment Management199,172$2.87M0.01%+14,562+7.9%Added
SLT Holdings LLC195,021$2.81M1.99%+3,450+1.8%Added
Brevan Howard Capital Management LP194,134$2.80M0.03%+194,134New
Qsemble Capital Management, LP186,519$2.69M0.21%+186,519New
Point72 Asset Management, L.P.186,262$2.69M0.00%−319,499−63.2%Reduced
Creative Planning185,819$2.68M0.00%+21,968+13.4%Added
Manufacturers Life Insurance Company, The183,481$2.65M0.00%+72,100+64.7%Added
SBI Securities Co., Ltd.183,270$2.64M0.07%−8,790−4.6%Reduced
Cetera Investment Advisers182,280$2.63M0.00%−15,180−7.7%Reduced
Quantbot Technologies LP178,874$2.58M0.11%+178,874New
Vanguard Global Advisers, LLC176,334$2.54M0.00%+176,334New
Colony Group, LLC174,951$2.52M0.00%+109,361+166.7%Added
Mirae Asset Global ETFs Holdings Ltd.174,570$2.52M0.00%+17,555+11.2%Added
Amundi171,955$2.48M0.00%+42,159+32.5%Added
Russell Investments Group, Ltd.170,655$2.46M0.00%−28,834−14.5%Reduced
Federated Hermes, Inc.162,292$2.34M0.00%+4,760+3.0%Added
OpenArc Corporate Advisory, LLC159,439$2.30M0.03%+110,172+223.6%Added
Zurcher Kantonalbank (Zurich Cantonalbank)159,356$2.30M0.01%+18,185+12.9%Added
HighTower Advisors, LLC156,645$2.26M0.00%−14,434−8.4%Reduced
GFS Advisors, LLC114,600$2.21M0.16%+114,600New
Janus Henderson Group PLC151,073$2.18M0.00%−42,257−21.9%Reduced
Quadrature Capital Ltd145,767$2.10M0.03%−975,035−87.0%Reduced
IMC-Chicago, LLC145,234$2.10M0.03%+92,804+177.0%Added
Dimensional Fund Advisors LP143,064$2.06M0.00%+106,324+289.4%Added
Rockefeller Capital Management L.P.140,140$2.02M0.00%−16,027−10.3%Reduced
Jones Financial Companies LLLP144,635$2.01M0.00%+9,944+7.4%Added
Woodline Partners LP133,617$1.93M0.01%+133,617New
Thoroughbred Financial Services, LLC132,052$1.91M0.11%+200+0.2%Added
Arkadios Wealth Advisors131,025$1.89M0.03%−2,544−1.9%Reduced
Mariner, LLC129,703$1.87M0.00%−50,901−28.2%Reduced