Xanadu Quantum Technologies Class B
XNDU
73 hedge funds and large institutions have $688M invested in Xanadu Quantum Technologies Class B in 2026 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 26 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
374% more capital invested
Capital invested by funds: $145M → $688M (+$543M)
123% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 26
78.07% more ownership
Funds ownership: 45.95% → 124.01% (+78%)
78% more funds holding
Funds holding: 41 → 73 (+32)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
1% less call options, than puts
Call options by funds: $13.6M | Put options by funds: $13.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DMC
Deer Management Company
Larchmont,
New York
|
+$376M |
| 2 |
CIG
Capricorn Investment Group
Palo Alto,
California
|
+$183M |
| 3 |
DE
Defiance ETFs
New York
|
+$94M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$93.3M |
| 5 |
HP
Harbourvest Partners
Boston,
Massachusetts
|
+$35.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$48.1M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$15M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$7.62M |
| 4 |
BGM
Burkehill Global Management
New York
|
-$6.92M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$6.75M |
XNDU Hedge Fund Activity: Q2 2026 in Review
73 of the 8,295 institutional investors tracked by Wall St. Rank reported a position in Xanadu Quantum Technologies Class B (XNDU) for Q2 2026, worth a combined $688M — up 374% from $145M a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new XNDU positions and 26 closed out — a net gain of 32 holders — while 10 added to existing stakes and 2 trimmed.
The largest buyer was Deer Management Company, opening a new position worth an estimated $376M. The largest seller was MMCAP International, exiting entirely with an estimated $48.1M sold.
- 73 institutional investors held Xanadu Quantum Technologies Class B (XNDU) as of Q2 2026, up from 41 in Q1 2026.
- Funds reported $688M of Xanadu Quantum Technologies Class B stock for Q2 2026, up 374% quarter-over-quarter.
- 58 funds opened new Xanadu Quantum Technologies Class B positions in Q2 2026 and 26 closed out, a net change of +32 holders.
- The largest Xanadu Quantum Technologies Class B buyer in Q2 2026 was Deer Management Company, an estimated $376M added.
- The largest Xanadu Quantum Technologies Class B seller in Q2 2026 was MMCAP International, an estimated $48.1M sold.
Based on aggregated 13F filings for Q2 2026.