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D-Wave Quantum

48 hedge funds and large institutions have $71.6M invested in D-Wave Quantum in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 15 increasing their positions, 3 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 3

90% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 10

23% more funds holding

Funds holding: 3948 (+9)

21% more call options, than puts

Call options by funds: $351K | Put options by funds: $291K

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

14.08% less ownership

Funds ownership: 89.16%75.08% (-14%)

52% less capital invested

Capital invested by funds: $150M → $71.6M (-$78.5M)

Holders
48
Holders Change
+9
Holders Change %
+23.08%
% of All Funds
0.76%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
19
Increased
15
Reduced
3
Closed
10
Calls
$351K
Puts
$291K
Net Calls
+$60K
Net Calls Change
-$739K
Name Holding Trade Value Shares
Change
Change in
Stake
Public Sector Pension Investment Board (PSP Investments)
1
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$57.3M
Goldman Sachs
2
Goldman Sachs
New York
$7.66M +$131 +82 +0%
BlackRock
3
BlackRock
New York
$1.42M +$1.54M +963,587 +190%
CIBC Private Wealth Group
4
CIBC Private Wealth Group
Georgia
$1.04M +$1.4M +880,000 +440%
LM
5
Lockheed Martin
Maryland
$884K
Vanguard Group
6
Vanguard Group
Pennsylvania
$741K +$260K +162,648 +27%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$544K +$135K +84,516 +18%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$241K +$399K +249,986 New
BCM
9
Bridgeway Capital Management
Texas
$196K
State Street
10
State Street
Massachusetts
$188K +$24.9K +15,600 +9%
Group One Trading
11
Group One Trading
Illinois
$185K +$116K +72,575 +61%
Northern Trust
12
Northern Trust
Illinois
$152K +$116K +72,592 +86%
AWA
13
Arete Wealth Advisors
Illinois
$141K +$195K +122,400 +526%
VF
14
Virtu Financial
New York
$109K +$180K +112,942 New
GC
15
Gruss & Co
Florida
$96.5K +$160K +100,000 New
XT
16
XTX Topco
Cayman Islands
$82K +$136K +84,947 New
Simplex Trading
17
Simplex Trading
Illinois
$71K +$74.8K +46,895 +172%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$55K +$91K +57,036 New
RJA
19
Raymond James & Associates
Florida
$42.9K +$71K +44,510 New
Bank of America
20
Bank of America
North Carolina
$41.5K +$68.7K +43,078 New
AA
21
Aire Advisors
California
$38.6K +$63.8K +40,000 New
William Blair & Company
22
William Blair & Company
Illinois
$32.8K +$54.3K +34,000 New
BCI
23
Brinker Capital Investments
Pennsylvania
$28.1K +$46.5K +29,136 New
OPS
24
Orion Portfolio Solutions
Nebraska
$28.1K +$46.5K +29,136 New
Bank of New York Mellon
25
Bank of New York Mellon
New York
$24.8K

QBTS Hedge Fund Activity: Q3 2023 in Review

48 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in D-Wave Quantum (QBTS) for Q3 2023, worth a combined $71.6M — down 52% from $150M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new QBTS positions and 10 closed out — a net gain of 9 holders — while 15 added to existing stakes and 3 trimmed.

The largest buyer was BlackRock, adding an estimated $1.54M. The largest seller was SG Americas Securities, exiting entirely with an estimated $711K sold.

  • 48 institutional investors held D-Wave Quantum (QBTS) as of Q3 2023, up from 39 in Q2 2023.
  • Funds reported $71.6M of D-Wave Quantum stock for Q3 2023, down 52% quarter-over-quarter.
  • 19 funds opened new D-Wave Quantum positions in Q3 2023 and 10 closed out, a net change of +9 holders.
  • The largest D-Wave Quantum buyer in Q3 2023 was BlackRock, an estimated $1.54M added.
  • The largest D-Wave Quantum seller in Q3 2023 was SG Americas Securities, an estimated $711K sold.

Based on aggregated 13F filings for Q3 2023.