D-Wave Quantum
QBTS
29 hedge funds and large institutions have $47M invested in D-Wave Quantum in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
21% more funds holding
Funds holding: 24 → 29 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.73% less ownership
Funds ownership: 113.79% → 109.06% (-4.7%)
55% less capital invested
Capital invested by funds: $104M → $47M (-$56.7M)
99% less call options, than puts
Call options by funds: $1K | Put options by funds: $93K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$192K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$107K |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$107K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$103K |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$94.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$1.46M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$860K |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$743K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$18.2K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CQS
26
Credential Qtrade Securities
Vancouver,
| $482 | +$688 | +727 | New |
|
27
Wells Fargo
San Francisco,
California
| $168 | +$4 | +4 | +2% |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $157 | -$331 | -350 | -60% |
|
|
DCM
29
Dupont Capital Management
Wilmington,
Delaware
| $1 | – | – | – |
|
|
PCM
30
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| – | -$1.46M | -747,838 | Closed |
|
|
31
Fidelity Investments
Boston,
Massachusetts
| – | -$860K | -628,458 | Closed |
|
|
32
Fidelity International
Hamilton,
Bermuda
| – | -$743K | -543,301 | Closed |
|
|
33
Citadel Advisors
Miami,
Florida
| – | -$18.2K | -12,644 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$14K | -10,266 | Closed |
|
35
Bank of America
Charlotte,
North Carolina
| – | -$7.34K | -5,100 | Closed |
|
QBTS Hedge Fund Activity: Q1 2023 in Review
29 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in D-Wave Quantum (QBTS) for Q1 2023, worth a combined $47M — down 55% from $104M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new QBTS positions and 6 closed out — a net gain of 5 holders — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $192K. The largest seller was PenderFund Capital Management, exiting entirely with an estimated $1.46M sold.
- 29 institutional investors held D-Wave Quantum (QBTS) as of Q1 2023, up from 24 in Q4 2022.
- Funds reported $47M of D-Wave Quantum stock for Q1 2023, down 55% quarter-over-quarter.
- 11 funds opened new D-Wave Quantum positions in Q1 2023 and 6 closed out, a net change of +5 holders.
- The largest D-Wave Quantum buyer in Q1 2023 was Bridgeway Capital Management, an estimated $192K added.
- The largest D-Wave Quantum seller in Q1 2023 was PenderFund Capital Management, an estimated $1.46M sold.
Based on aggregated 13F filings for Q1 2023.