D-Wave Quantum Inc. - Common Stock (QBTS) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2022 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
QBTS on NYSE
Shares outstanding
338,809,419
Price per share
$26.15
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
182,583,735
Total reported value
$4,514,208,604
% of total 13F portfolios
0%
Share change
+23,051,717
Value change
+$619,298,887
Number of holders
446
Price from insider filings
$26.15
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

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
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% $237,888,156 22,170,378 BlackRock, Inc. 30 Jun 2025
PUBLIC SECTOR PENSION INVESTMENT BOARD 2% $39,150,000 5,400,000 PUBLIC SECTOR PENSION INVESTMENT BOARD 31 Dec 2024

As of 30 Sep 2025, 446 institutional investors reported holding 182,583,735 shares of D-Wave Quantum Inc. - Common Stock (QBTS). This represents 54% of the company’s total 338,809,419 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of D-Wave Quantum Inc. - Common Stock (QBTS) together control 45% 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% 38,454,869 +41% 0.01% $950,219,813
BlackRock, Inc. 7.7% 26,201,235 +13% 0.01% $647,432,516
D. E. Shaw & Co., Inc. 4% 13,648,352 +7.5% 0.27% $337,250,778
UBS Group AG 3.6% 12,089,703 +542% 0.06% $298,736,562
GEODE CAPITAL MANAGEMENT, LLC 2.2% 7,528,321 +17% 0.01% $186,764,250
STATE STREET CORP 2.2% 7,321,276 +10% 0.01% $180,908,730
MORGAN STANLEY 1.9% 6,340,745 +45% 0.01% $156,679,808
BANK OF AMERICA CORP /DE/ 1.6% 5,406,114 -63% 0.01% $133,585,079
PRICE T ROWE ASSOCIATES INC /MD/ 1.4% 4,580,769 +448% 0.01% $113,191,000
UNICOM Systems, Inc. 0.92% 3,121,346 +12% 7.6% $77,128,460
Clear Street Group Inc. 0.9% 3,049,148 0% 0.37% $75,344,447
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.86% 2,904,711 +239% 0.01% $71,775,409
NORTHERN TRUST CORP 0.82% 2,792,035 +17% 0.01% $68,991,186
Marex Group plc 0.78% 2,626,156 -52% 0.81% $65,312,315
Driehaus Capital Management LLC 0.72% 2,443,818 +102% 0.43% $60,386,743
RENAISSANCE TECHNOLOGIES LLC 0.67% 2,253,542 -41% 0.07% $55,685,023
Penserra Capital Management LLC 0.5% 1,677,356 +43% 0.5% $41,447,000
JPMORGAN CHASE & CO 0.46% 1,551,634 +1% 0% $38,340,876
HRT FINANCIAL LP 0.4% 1,354,621 +386% 0.12% $33,472,000
Nuveen, LLC 0.39% 1,328,872 -8.3% 0.01% $32,836,427
FMR LLC 0.39% 1,309,074 +999% 0% $32,347,211
TUDOR INVESTMENT CORP ET AL 0.37% 1,247,528 +51% 0.2% $30,826,417
Bank of New York Mellon Corp 0.31% 1,052,109 +15% 0% $25,997,614
TWO SIGMA INVESTMENTS, LP 0.31% 1,045,882 +201% 0.04% $25,843,744
LPL Financial LLC 0.26% 887,218 +87% 0.01% $21,923,157

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
2025 Q4 5,844,118 $153,118,154 +$45,003,799 $26.15 35
2025 Q3 182,583,735 $4,514,208,604 +$619,298,887 $24.71 446
2025 Q2 156,993,420 $2,298,835,447 +$862,265,735 $14.64 347
2025 Q1 93,302,615 $708,878,453 -$22,541,337 $7.60 263
2024 Q4 91,711,352 $769,620,590 +$33,882,465 $8.40 191
2024 Q3 85,109,532 $83,654,031 +$3,207,647 $0.98 88
2024 Q2 81,335,033 $92,839,240 +$15,179,934 $1.14 78
2024 Q1 66,985,036 $136,592,618 -$3,869,251 $2.04 55
2023 Q4 73,619,891 $64,792,338 +$268,753 $0.88 45
2023 Q3 74,224,772 $71,618,507 +$1,503,403 $0.96 46
2023 Q2 71,866,198 $150,199,597 +$2,443,988 $2.09 39
2023 Q1 70,809,918 $47,024,472 -$1,071,696 $0.66 26
2022 Q4 71,054,073 $102,231,443 +$1,520,681 $1.44 21
2022 Q3 69,570,183 $546,592,000 +$546,542,938 $7.86 15
2022 Q2 20,001 $41,802 +$41,802 $2.09 1