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D-Wave Quantum

442 hedge funds and large institutions have $4.51B invested in D-Wave Quantum in 2025 Q3 according to their latest regulatory filings, with 135 funds opening new positions, 174 increasing their positions, 89 reducing their positions, and 29 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 capital invested

Capital invested by funds: $ → $

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

27% more funds holding

Funds holding: 348442 (+94)

22% more call options, than puts

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

2.72% more ownership

Funds ownership: 51.18%53.9% (+2.7%)

Holders
442
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
Man Group
51
Man Group
United Kingdom
$9.41M
EMFAT
52
Emerald Mutual Fund Advisers Trust
Pennsylvania
$8.86M
AllianceBernstein
53
AllianceBernstein
Tennessee
$8.8M
Legal & General Group
54
Legal & General Group
United Kingdom
$8.08M
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$7.21M
Cambridge Investment Research Advisors
56
Cambridge Investment Research Advisors
Iowa
$6.67M
Citadel Advisors
57
Citadel Advisors
Florida
$6.26M
Millennium Management
58
Millennium Management
New York
$6.24M
Universal-Beteiligungs- und Servicegesellschaft
59
Universal-Beteiligungs- und Servicegesellschaft
Germany
$6.19M
Deutsche Bank
60
Deutsche Bank
Germany
$6.15M
State of Wisconsin Investment Board
61
State of Wisconsin Investment Board
Wisconsin
$5.2M
Osaic Holdings
62
Osaic Holdings
Arizona
$5.09M
AQR Capital Management
63
AQR Capital Management
Connecticut
$5.01M
Cetera Investment Advisers
64
Cetera Investment Advisers
Illinois
$5.01M
SS
65
SBI Securities
Japan
$4.92M
SH
66
SLT Holdings
Arizona
$4.73M
KAS
67
Kestra Advisory Services
Texas
$4.7M
EI
68
EAM Investors
California
$4.63M
Federated Hermes
69
Federated Hermes
Pennsylvania
$4.56M
TI
70
Trexquant Investment
Connecticut
$4.54M
Rockefeller Capital Management
71
Rockefeller Capital Management
New York
$4.5M
MIM
72
MetLife Investment Management
New Jersey
$4.45M
Russell Investments Group
73
Russell Investments Group
United Kingdom
$4.38M
Group One Trading
74
Group One Trading
Illinois
$4.29M
AG
75
Algert Global
California
$4.25M