D-Wave Quantum
      
      
        
          QBTS
        
        
      
    
  
          QBTS
        
        
      265 hedge funds and large institutions have $709M invested in D-Wave Quantum in 2025 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 104 increasing their positions, 29 reducing their positions, and 43 closing their positions.
New
  Increased
  Maintained
  Reduced
  Closed
  more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
more first-time investments, than exits
New positions opened: | Existing positions closed:
more call options, than puts
Call options by funds: $ | Put options by funds: $
more funds holding
Funds holding: →
8% less capital invested
Capital invested by funds: $770M → $709M (-$61.2M)
8.3% less ownership
Funds ownership: 40.72% → 32.42% (-8.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
    
      Holders
    
  
  
    
      
        
      
        265
      
    
      
    
  
    
      Holding in Top 10
    
  
  
    
      
        
      
        1
      
    
      
    
  
    
      Calls
    
  
  
    
      
        
      
        $135M
      
    
      
    
  
    
      Puts
    
  
  
    
      
        
      
        $79.9M
      
    
      
    
  
Top Buyers
| 1 | +$95.6M | |
| 2 | +$41.5M | |
| 3 | +$31.7M | |
| 4 | 
      Two Sigma Investments
     
      
      
        New York
      
     | +$22.4M | 
| 5 | 
    PCM
   
      Penserra Capital Management
     
      
        Orinda,
      
      
        California
      
     | +$17.1M | 
Top Sellers
| 1 | -$336M | |
| 2 | -$20.7M | |
| 3 | -$11.8M | |
| 4 | 
      Jane Street
     
      
      
        New York
      
     | -$11.2M | 
| 5 |   
      Group One Trading
     
      
        Chicago,
      
      
        Illinois
      
     | -$9.08M | 
 
 
