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D-Wave Quantum

450 hedge funds and large institutions have $4.51B invested in D-Wave Quantum in 2025 Q3 according to their latest regulatory filings, with 136 funds opening new positions, 178 increasing their positions, 90 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more capital invested

Capital invested by funds: $ → $

28% more funds holding

Funds holding: 351450 (+99)

22% more call options, than puts

Call options by funds: $615M | Put options by funds: $506M

2.73% more ownership

Funds ownership: 51.18%53.92% (+2.7%)

Holders
450
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$615M
Puts
$506M
Net Calls
Net Calls Change

Top Buyers

1 +$277M
2 +$252M
3 +$92.5M
4
BlackRock
BlackRock
New York
+$73.5M
5
CS
Clear Street
New York
+$62.9M

Top Sellers

1 -$230M
2 -$70.7M
3 -$52.5M
4
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$45.4M
5
Renaissance Technologies
Renaissance Technologies
New York
-$38M
Name Holding Trade Value Shares
Change
Change in
Stake
WE
301
Wealth Effects
Massachusetts
$227K
ECM
302
Everence Capital Management
Indiana
$227K
G
303
Gainplan
Michigan
$227K
Pathstone Holdings
304
Pathstone Holdings
New Jersey
$226K
NWMP
305
Noble Wealth Management PBC
Colorado
$222K
NW
306
NewEdge Wealth
Pennsylvania
$221K
AAP
307
Arax Advisory Partners
Colorado
$220K
DQRIM
308
Dale Q Rice Investment Management
Washington
$219K
FFP
309
FourThought Financial Partners
Florida
$218K
BFC
310
Bedel Financial Consulting
Indiana
$215K
ET
311
Entropy Technologies
New York
$212K
SC
312
Scotia Capital
Ontario, Canada
$212K
RAG
313
RIA Advisory Group
Iowa
$210K
Optiver Holding
314
Optiver Holding
Netherlands
$209K
ACA
315
Aspire Capital Advisors
Washington
$209K
FH
316
FWG Holdings
Florida
$206K
CB
317
Commerce Bank
Missouri
$203K
HA
318
Herold Advisors
New York
$203K
Baird Financial Group
319
Baird Financial Group
Wisconsin
$203K
AP
320
Americana Partners
Texas
$202K
PFW
321
Petros Family Wealth
Minnesota
$201K
HWA
322
Heritage Wealth Advisors
Virginia
$197K
SWM
323
Spire Wealth Management
Virginia
$196K
BBA
324
Baader Bank Aktiengesellschaft
Germany
$192K
IA
325
IFP Advisors
Florida
$167K