Latest Period
Q4 2025
Security Snapshot
D-Wave Quantum Inc. - Common Stock (QBTS) Institutional Ownership
CUSIP: 26740W109
13F Institutional Holders and Ownership History from Q2 2022 to Q1 2026
Institutions Reporting
504
Shares (Excl. Options)
169,398,742
Price
$26.15
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- Type / Class
- Equity / Common Stock
- Symbol
- QBTS on NYSE
- Shares outstanding
- 367,163,583
- Price per share
- $14.65
- All holders as of 31 Dec 2025
- Q4 2025
- Total 13F shares
- 169,398,742
- Total reported value
- $4,431,418,603
- % of total 13F portfolios
- 0%
- Share change
- -15,671,157
- Value change
- -$398,819,077
- Number of holders
- 504
- Price from insider filings
- $14.65
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors
Quick Takeaways
- QBTS - D-Wave Quantum Inc. - Common Stock is tracked under CUSIP 26740W109.
- 504 institutions reported positions in Q4 2025.
- 4 significant owners is listed from Schedule 13D/13G reporting.
What Changed
- Holder count moved from 504 to 183 between Q4 2025 and Q1 2026.
- Reported value moved from $4,431,418,603 to $329,359,952.
Why This Matters
- You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
- 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.
Source Evidence
Source: SEC Form 13F
Open SEC Evidence
Latest holder context comes from 504 institutions filings for Q4 2025.
Investment Quick Answers
What is CUSIP 26740W109?
CUSIP 26740W109 identifies QBTS - D-Wave Quantum Inc. - Common Stock in SEC 13F datasets.
Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.
Next ownership checks
Use the next link that matches the question you still need to answer about this security.
- Latest 13F filings when you want to inspect fresh institutional portfolio moves.
- Latest Schedule 13D/13G reports when you need large-owner changes outside the 13F cycle.
- All institutional ownership pages to compare this security with other holder-history pages.
Recent Quarterly Holder Reports
Open recent reporting periods for CUSIP 26740W109:
Significant Owners of D-Wave Quantum Inc. - Common Stock (QBTS) based on Schedule 13D/G filings
| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| BlackRock, Inc. | 7.1% | $324,574,334 | 22,170,378 | BlackRock, Inc. | 30 Jun 2025 | |||
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5.8% | $304,714,659 | 21,116,747 | Vanguard Portfolio Management | 31 Mar 2026 | |||
| VANGUARD CAPITAL MANAGEMENT LLC | 5.1% | $269,147,061 | 18,651,910 | Vanguard Capital Management | 31 Mar 2026 | |||
| 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, 504 institutional investors reported holding 169,398,742 shares of D-Wave Quantum Inc. - Common Stock (QBTS). This represents 46% of the company’s total 367,163,583 outstanding shares.
Top 25 Institutional Shareholders
The largest institutional shareholders of D-Wave Quantum Inc. - Common Stock (QBTS) together control 37% 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 | 10% | 36,909,069 | -4% | 0.01% | $965,172,155 |
| BlackRock, Inc. | 7.7% | 28,198,441 | +7.6% | 0.01% | $737,389,242 |
| UBS Group AG | 2.8% | 10,263,434 | -15% | 0.05% | $268,388,799 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.3% | 8,394,726 | +12% | 0.01% | $220,085,111 |
| STATE STREET CORP | 2.1% | 7,707,085 | +5.3% | 0.01% | $201,540,273 |
| Marex Group plc | 1.3% | 4,592,656 | +75% | 1.3% | $120,097,955 |
| Clear Street Group Inc. | 1.2% | 4,281,254 | +40% | 0.59% | $111,954,792 |
| GOLDMAN SACHS GROUP INC | 0.97% | 3,548,013 | +312% | 0.01% | $92,780,540 |
| BANK OF AMERICA CORP /DE/ | 0.96% | 3,517,550 | -35% | 0.01% | $91,983,933 |
| UNICOM Systems, Inc. | 0.85% | 3,121,346 | 0% | 8% | $81,623,198 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.83% | 3,061,575 | +5.4% | 0.01% | $80,060,186 |
| NORTHERN TRUST CORP | 0.77% | 2,837,994 | +1.6% | 0.01% | $74,213,544 |
| MORGAN STANLEY | 0.69% | 2,550,977 | -60% | 0% | $66,708,049 |
| SG Americas Securities, LLC | 0.62% | 2,272,020 | +277% | 0.08% | $59,413,000 |
| Trybe Capital Management LP | 0.53% | 1,936,922 | 9.1% | $50,650,510 | |
| RENAISSANCE TECHNOLOGIES LLC | 0.47% | 1,712,342 | -24% | 0.07% | $44,777,743 |
| Nuveen, LLC | 0.45% | 1,669,510 | +26% | 0.01% | $43,657,686 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 0.42% | 1,543,731 | -66% | 0% | $40,369,000 |
| JPMORGAN CHASE & CO | 0.41% | 1,509,202 | -2.7% | 0% | $39,465,633 |
| Penserra Capital Management LLC | 0.41% | 1,490,284 | -11% | 0.46% | $38,970,000 |
| Defiance ETFs, LLC | 0.41% | 1,490,284 | 0% | 1.3% | $39,119,955 |
| ALLIANCEBERNSTEIN L.P. | 0.4% | 1,486,056 | +317% | 0.01% | $38,860,364 |
| Bank of New York Mellon Corp | 0.34% | 1,241,377 | +18% | 0.01% | $32,462,000 |
| Quadrature Capital Ltd | 0.31% | 1,120,802 | 0.3% | $29,308,972 | |
| LORD, ABBETT & CO. LLC | 0.26% | 969,742 | +28% | 0.08% | $25,359,000 |
Institutional Holders of D-Wave Quantum Inc. - Common Stock (QBTS) across Reporting Periods
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2026 Q1 | 22,783,849 | $329,359,952 | -$31,672,942 | $14.43 | 183 |
| 2025 Q4 | 169,398,742 | $4,431,418,603 | -$398,819,077 | $26.15 | 504 |
| 2025 Q3 | 182,624,458 | $4,515,214,440 | +$615,940,078 | $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 |