Hudson Bay Capital Management
QBTS.WS

Hudson Bay Capital Management’s D-Wave Quantum Inc Warrants QBTS.WS Stock Holding History

Hudson Bay Capital Management’s Portfolio QBTS.WS Stock Details QBTS.WS Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-427,213
Closed -$10.4M – 1469
2025
Q3 		$10.4M Buy
427,213
+57,461
+16% +$864K 0.03% 346
2025
Q2 		$3.63M Buy
369,752
+150,952
+69% +$1.17M 0.01% 633
2025
Q1 		$805K Buy
+218,800
New +$701K ﹤0.01% 961

Hudson Bay Capital Management's QBTS.WS Position: Q4 2025 in Review

Hudson Bay Capital Management sold out of D-Wave Quantum Inc Warrants (QBTS.WS) in Q4 2025, closing a stake of 427,213 shares — an estimated $10.4M sold.

Hudson Bay Capital Management first reported a position in QBTS.WS in Q1 2025 and held it in 3 quarters. The position peaked at $10.4M in Q3 2025. 0 funds tracked by Wall St. Rank hold QBTS.WS as of Q4 2025.

  • Hudson Bay Capital Management reported no remaining D-Wave Quantum Inc Warrants position as of Q4 2025 after selling out during the quarter.
  • Hudson Bay Capital Management sold 427,213 D-Wave Quantum Inc Warrants shares in Q4 2025, an estimated $10.4M.
  • Hudson Bay Capital Management first reported a position in D-Wave Quantum Inc Warrants in Q1 2025 and held it in 3 quarters.
  • Hudson Bay Capital Management's D-Wave Quantum Inc Warrants position peaked at $10.4M in Q3 2025.
  • 0 funds tracked by Wall St. Rank held D-Wave Quantum Inc Warrants as of Q4 2025.

Based on Hudson Bay Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.