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D-Wave Quantum Inc. · 13F filings

QBTS Institutional Ownership

Holdings as of Jun 30, 2026From SEC Form 13FUpdated

Who owns D-Wave Quantum Inc. and what the big funds did with it last quarter, from every SEC 13F filing. 552 funds reported holding QBTS at Jun 30, 2026, together owning 53.5% of the company.

← QBTS stock page

Fund sentiment
Bullish
Strongly bearishNeutralStrongly bullish
  • ▲366 buying vs 166 selling
  • ▲Held by funds +6.0 pts
  • ▲Funds holding +56
  • ●Superinvestors: 1 added, 1 cut
  • ▼Put/call 0.93 to 1.33

What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.

Funds holding552+56 vs Q1 2026
Held by funds53.5%+6.0 pts
Value held$4.7B198M shares
Put/call ratio1.33up from 0.93

Funds holding and ownership

8 quarters
Q3 2024: 88 fundsQ3 '24Q4 2024: 201 fundsQ4 '24Q1 2025: 270 fundsQ1 '25Q2 2025: 358 fundsQ2 '25Q3 2025: 461 fundsQ3 '25Q4 2025: 515 fundsQ4 '25Q1 2026: 496 fundsQ1 '26Q2 2026: 552 fundsQ2 '2653.5% owned
Funds holdingHeld by funds %

Quarter over quarter

all 13F filers
Q2 2026This quarterQ1 2026Change
Funds holding552496+11.3%
In funds' top 1032+50.0%
13F shares198M176M+12.6%
Held by funds53.5%47.5%+6.0 pts
New positions12776+67.1%
Increased239170+40.6%
Reduced95148−35.8%
Sold out7197−26.8%
Calls (shares)3.4M4M−16.0%
Puts (shares)4.5M3.7M+19.6%
Put/call ratio1.330.93+42.9%

Buyers vs sellers

adding or new vs cutting or sold out
Q4 2024: 157 buyingQ4 2024: 27 sellingQ4 '24Q1 2025: 220 buyingQ1 2025: 74 sellingQ1 '25Q2 2025: 261 buyingQ2 2025: 92 sellingQ2 '25Q3 2025: 315 buyingQ3 2025: 122 sellingQ3 '25Q4 2025: 278 buyingQ4 2025: 221 sellingQ4 '25Q1 2026: 246 buyingQ1 2026: 245 sellingQ1 '26Q2 2026: 366 buyingQ2 2026: 166 sellingQ2 '26
Buying 366Selling 166latest quarter

Superinvestors in QBTS

All superinvestors →

Who owns QBTS

share of fund held shares
  • Index and passive funds51.9%
  • Active managers and hedge funds26.3%
  • Banks and brokers18.4%
  • Pensions, insurers and other3.3%

The top 10 holders own 60.4% of all QBTS shares that funds reported. Groups are our own grouping of filers by name.

Put/call ratio

funds' options, market makers left out
1.00Q4 2024: 1.10Q4 '24Q1 2025: 1.05Q1 '25Q2 2025: 1.10Q2 '25Q3 2025: 1.08Q3 '25Q4 2025: 0.86Q4 '25Q1 2026: 0.93Q1 '26Q2 2026: 1.33Q2 '261.33

Above 1 means funds hold more puts than calls, a sign of hedging or bets on a fall. Options are valued at the underlying shares.

Filed so far for Q3 2026

171 funds changed their position

🔒 Free account: see all 20.

Top holders

Q2 2026
#FundOf companySharesValueChange
1BlackRock, Inc.8.98%33.1M$795M+3M
2Vanguard Portfolio Management LLC5.96%22M$528M+1.2M
3Vanguard Capital Management LLC4.32%15.9M$382M+89K
4UBS Group AG3.15%11.6M$279M+1.8M
5Geode Capital Management, LLC2.51%9.3M$222M+231K
6State Street Corp2.45%9M$217M+559K
7Clear Street Group Inc.1.68%6.2M$149M+498K
8Norges Bank1.21%4.5M$107M+4.5M
9Bank of America Corp /de/1.18%4.3M$104M+457K
10Northern Trust Corp0.91%3.4M$80.8M+250K
🔒 15 more top holders. Create a free account or sign in to see them.
Biggest buyers
Biggest sellers

QBTS institutional ownership FAQ

Who owns the most QBTS stock?

In Q2 2026 13F filings the largest holder of QBTS was BlackRock, Inc., followed by Vanguard Portfolio Management LLC and Vanguard Capital Management LLC. Index fund managers are usually the biggest holders of large companies.

What percentage of QBTS is owned by institutions?

Funds that file 13F reports held 53.5% of QBTS's shares at Jun 30, 2026, compared with 47.5% a quarter earlier. That counts every manager with more than $100 million in US stocks.

Are hedge funds buying QBTS?

In Q2 2026, 366 funds bought QBTS (127 of them new positions) and 166 sold (71 sold out completely). Among well known investors, 1 added and 1 cut. Our fund sentiment for QBTS is bullish.

What is QBTS's institutional put/call ratio?

Funds reported $107M of QBTS puts against $80.8M of calls, a put/call ratio of 1.33 (0.93 the quarter before). Market makers and bank trading desks are left out, since their options are mostly hedges.

How current is this QBTS ownership data?

13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.

For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.