| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| VANGUARD GROUP INC | 11% | +28% | $950,096,757 | +$277,167,183 | 38,454,869 | +41% | The Vanguard Group | 30 Sep 2025 |
| BlackRock, Inc. | 7.1% | $324,574,334 | 22,170,378 | BlackRock, Inc. | 30 Jun 2025 | |||
| PUBLIC SECTOR PENSION INVESTMENT BOARD | 2% | $37,800,000 | 5,400,000 | PUBLIC SECTOR PENSION INVESTMENT BOARD | 31 Dec 2024 |
As of 31 Dec 2025, 490 institutional investors reported holding 169,042,057 shares of D-Wave Quantum Inc. - Common Stock (QBTS). This represents 50% of the company’s total 338,809,419 outstanding shares.
The largest institutional shareholders of D-Wave Quantum Inc. - Common Stock (QBTS) together control 41% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | 11% | 36,909,069 | -4% | 0.01% | $965,172,155 |
| BlackRock, Inc. | 8.3% | 28,198,441 | +7.6% | 0.01% | $737,389,242 |
| UBS Group AG | 3% | 10,263,434 | -15% | 0.05% | $268,388,799 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.5% | 8,394,726 | +12% | 0.01% | $220,085,111 |
| STATE STREET CORP | 2.3% | 7,707,085 | +5.3% | 0.01% | $201,540,273 |
| Marex Group plc | 1.4% | 4,592,656 | +75% | 1.3% | $120,097,955 |
| Clear Street Group Inc. | 1.3% | 4,281,254 | +40% | 0.59% | $111,954,792 |
| GOLDMAN SACHS GROUP INC | 1% | 3,548,013 | +312% | 0.01% | $92,780,540 |
| BANK OF AMERICA CORP /DE/ | 1% | 3,517,550 | -35% | 0.01% | $91,983,933 |
| UNICOM Systems, Inc. | 0.92% | 3,121,346 | 0% | 8% | $81,623,198 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.9% | 3,061,575 | +5.4% | 0.01% | $80,060,186 |
| NORTHERN TRUST CORP | 0.84% | 2,837,994 | +1.6% | 0.01% | $74,213,544 |
| MORGAN STANLEY | 0.75% | 2,550,977 | -60% | 0% | $66,708,049 |
| SG Americas Securities, LLC | 0.67% | 2,272,020 | +277% | 0.08% | $59,413,000 |
| Trybe Capital Management LP | 0.57% | 1,936,922 | 9.1% | $50,650,510 | |
| RENAISSANCE TECHNOLOGIES LLC | 0.51% | 1,712,342 | -24% | 0.07% | $44,777,743 |
| Nuveen, LLC | 0.49% | 1,669,510 | +26% | 0.01% | $43,657,686 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 0.46% | 1,543,731 | -66% | 0% | $40,369,000 |
| JPMORGAN CHASE & CO | 0.45% | 1,509,202 | -2.7% | 0% | $39,465,633 |
| Defiance ETFs, LLC | 0.44% | 1,490,284 | 0% | 1.3% | $39,119,955 |
| Penserra Capital Management LLC | 0.44% | 1,490,284 | -11% | 0.46% | $38,970,000 |
| ALLIANCEBERNSTEIN L.P. | 0.44% | 1,486,056 | +317% | 0.01% | $38,860,364 |
| Bank of New York Mellon Corp | 0.37% | 1,241,377 | +18% | 0.01% | $32,462,000 |
| Quadrature Capital Ltd | 0.33% | 1,120,802 | 0.3% | $29,308,972 | |
| LORD, ABBETT & CO. LLC | 0.29% | 969,742 | +28% | 0.08% | $25,359,000 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 169,042,057 | $4,422,081,637 | -$386,754,110 | $26.15 | 490 |
| 2025 Q3 | 182,624,458 | $4,515,214,440 | +$616,452,478 | $24.71 | 449 |
| 2025 Q2 | 156,993,420 | $2,298,835,447 | +$862,265,786 | $14.64 | 347 |
| 2025 Q1 | 93,302,615 | $708,878,613 | -$22,541,138 | $7.60 | 263 |
| 2024 Q4 | 91,776,303 | $770,165,774 | +$34,273,817 | $8.40 | 192 |
| 2024 Q3 | 85,128,032 | $83,672,364 | +$3,207,569 | $0.98 | 87 |
| 2024 Q2 | 81,353,533 | $92,860,510 | +$15,180,253 | $1.14 | 78 |
| 2024 Q1 | 67,003,536 | $136,630,358 | -$3,875,832 | $2.04 | 55 |
| 2023 Q4 | 73,652,169 | $64,819,978 | +$270,549 | $0.88 | 47 |
| 2023 Q3 | 74,253,908 | $71,646,620 | +$1,531,522 | $0.96 | 47 |
| 2023 Q2 | 71,866,198 | $150,199,597 | +$2,652,440 | $2.09 | 39 |
| 2023 Q1 | 70,814,829 | $47,026,955 | -$1,072,605 | $0.66 | 29 |
| 2022 Q4 | 71,801,911 | $103,689,443 | +$309,577 | $1.44 | 22 |
| 2022 Q3 | 68,547,716 | $539,468,000 | +$539,418,195 | $7.87 | 13 |
| 2022 Q2 | 20,001 | $41,802 | +$41,802 | $2.09 | 1 |