D-Wave Quantum Inc
QBTS
493 hedge funds and large institutions have $2.53B invested in D-Wave Quantum Inc in 2026 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 173 increasing their positions, 148 reducing their positions, and 95 closing their positions.
24% more call options, than puts
Call options by funds: $274M | Put options by funds: $222M
17% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 148
1.02% less ownership
Funds ownership: 48.83% → 47.81% (-1%)
4% less funds holding
Funds holding: 512 → 493 (-19)
11% less first-time investments, than exits
New positions opened: 85 | Existing positions closed: 95
43% less capital invested
Capital invested by funds: $4.43B → $2.53B (-$1.89B)
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$71.1M |
| 2 |
Jane Street
New York
|
+$50.1M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$44.9M |
| 4 |
BlackRock
New York
|
+$41.4M |
| 5 |
CS
Clear Street
New York
|
+$30.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Marex Group
London,
|
-$76.2M |
| 2 |
TCM
Trybe Capital Management
Greenwich,
Connecticut
|
-$50.7M |
| 3 |
Renaissance Technologies
New York
|
-$44.8M |
| 4 |
SG Americas Securities
New York
|
-$27.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$25.4M |
QBTS Hedge Fund Activity: Q1 2026 in Review
493 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in D-Wave Quantum Inc (QBTS) for Q1 2026, worth a combined $2.53B — down 43% from $4.43B a quarter earlier.
Sellers outnumbered buyers: 95 funds closed out of QBTS and 85 opened new positions — a net loss of 10 holders — while 148 trimmed existing stakes and 173 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $71.1M. The largest seller was Marex Group, cutting an estimated $76.2M.
- 493 institutional investors held D-Wave Quantum Inc (QBTS) as of Q1 2026, down from 512 in Q4 2025.
- Funds reported $2.53B of D-Wave Quantum Inc stock for Q1 2026, down 43% quarter-over-quarter.
- 85 funds opened new D-Wave Quantum Inc positions in Q1 2026 and 95 closed out, a net change of -10 holders.
- The largest D-Wave Quantum Inc buyer in Q1 2026 was HRT Financial, an estimated $71.1M added.
- The largest D-Wave Quantum Inc seller in Q1 2026 was Marex Group, an estimated $76.2M sold.
Based on aggregated 13F filings for Q1 2026.