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D-Wave Quantum
QBTS

198 hedge funds and large institutions have $770M invested in D-Wave Quantum in 2024 Q4 according to their latest regulatory filings, with 122 funds opening new positions, 52 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,256% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 9

821% more capital invested

Capital invested by funds: $83.7M → $770M (+$687M)

206% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 17

128% more funds holding

Funds holding: 87 → 198 (+111)

23% more call options, than puts

Call options by funds: $63.7M | Put options by funds: $51.8M

13.26% less ownership

Funds ownership: 53.99% → 40.73% (-13%)

Holders
198
Holders Change
+111
Holders Change %
+127.59%
% of All Funds
2.61%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
122
Increased
52
Reduced
17
Closed
9
Calls
$63.7M
Puts
$51.8M
Net Calls
+$11.9M
Net Calls Change
+$12.1M

Top Buyers

1
UBS Group
UBS Group
Switzerland
+$12.8M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$10.8M
3
Millennium Management
Millennium Management
New York
+$8.24M
4
Bank of America
Bank of America
North Carolina
+$7.47M
5
BlackRock
BlackRock
New York
+$5.92M

Top Sellers

1
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
-$58M
2
PCM
Penserra Capital Management
California
-$5M
3
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
-$3.59M
4
BCM
Bridgeway Capital Management
Texas
-$299K
5
SEI Investments
SEI Investments
Pennsylvania
-$167K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$1.84M +$191K +63,799 +41%
CIBC Private Wealth Group
27
CIBC Private Wealth Group
Georgia
$1.83M -$3.59M -1,199,900 -80%
SS
28
SBI Securities
Japan
$1.65M +$589K +196,764 New
CC
29
Centiva Capital
New York
$1.62M +$577K +192,883 New
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$1.59M +$567K +189,433 New
Simplex Trading
31
Simplex Trading
Illinois
$1.58M +$249K +83,108 +79%
BCM
32
Bridgeway Capital Management
Texas
$1.52M -$299K -100,000 -36%
Barclays
33
Barclays
United Kingdom
$1.29M +$99K +33,073 +28%
EI
34
EAM Investors
California
$1.13M +$401K +134,014 New
RhumbLine Advisers
35
RhumbLine Advisers
Massachusetts
$1.12M +$172K +57,438 +76%
D.E. Shaw & Co
36
D.E. Shaw & Co
New York
$1.12M +$399K +133,324 New
Cetera Investment Advisers
37
Cetera Investment Advisers
Illinois
$1.11M +$339K +113,374 +605%
OC
38
Oppenheimer & Co
New York
$1.06M +$378K +126,300 New
LPL Financial
39
LPL Financial
California
$1.04M +$318K +106,314 +618%
Wells Fargo
40
Wells Fargo
California
$1M +$258K +86,124 +261%
BNP Paribas Financial Markets
41
BNP Paribas Financial Markets
France
$939K +$334K +111,751 New
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$852K +$220K +73,403 +262%
SCP
43
Silverleafe Capital Partners
Tennessee
$820K +$292K +97,634 New
AllianceBernstein
44
AllianceBernstein
Tennessee
$794K -$67.3K -22,500 -19%
AAS
45
Avantax Advisory Services
Texas
$678K +$242K +80,735 New
CFG
46
Citizens Financial Group
Rhode Island
$658K +$234K +78,283 New
Citigroup
47
Citigroup
New York
$654K +$43K +14,355 +23%
PAG
48
Private Advisor Group
New Jersey
$628K +$224K +74,796 New
Deutsche Bank
49
Deutsche Bank
Germany
$621K +$57.3K +19,157 +35%
Osaic Holdings
50
Osaic Holdings
Arizona
$589K +$158K +52,934 +308%
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QBTS Hedge Fund Activity: Q4 2024 in Review

198 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in D-Wave Quantum (QBTS) for Q4 2024, worth a combined $770M — up 821% from $83.7M a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new QBTS positions and 9 closed out — a net gain of 113 holders — while 52 added to existing stakes and 17 trimmed.

The largest buyer was UBS Group, adding an estimated $12.8M. The largest seller was Public Sector Pension Investment Board (PSP Investments), cutting an estimated $58M.

  • 198 institutional investors held D-Wave Quantum (QBTS) as of Q4 2024, up from 87 in Q3 2024.
  • Funds reported $770M of D-Wave Quantum stock for Q4 2024, up 821% quarter-over-quarter.
  • 122 funds opened new D-Wave Quantum positions in Q4 2024 and 9 closed out, a net change of +113 holders.
  • The largest D-Wave Quantum buyer in Q4 2024 was UBS Group, an estimated $12.8M added.
  • The largest D-Wave Quantum seller in Q4 2024 was Public Sector Pension Investment Board (PSP Investments), an estimated $58M sold.

Based on aggregated 13F filings for Q4 2024.