undamentalytics Newsletter

D-wave Quantum Inc.: which funds bought and sold

Institutions that bought and sold D-wave Quantum shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 363 institutions that filed 13F reports for both quarters added to or opened positions in D-wave Quantum, and 167 cut or closed them. Together they added a net 17.6M shares, +10.1% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 4.7M shares (+51.0%); index fund managers were net buyers of 5.5M shares (+5.8%). 125 opened a new position and 70 sold out entirely.

Bought, Q2 2026 363 institutions, 125 of them new holders Sold, Q2 2026 167 institutions, 70 of them sold out
Net change, all compared +17.6M shares (+10.1%)
Net change, active managers +4.7M shares (+51.0%), 18 bought, 24 sold

Buyers versus sellers

institutions compared, 609
Active managers and hedge funds 18 bought · 24 sold · +4.7M
Index fund managers 10 bought · 1 sold · +5.5M
Other institutions 335 bought · 142 sold · +7.4M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Blackrock, Inc. Index funds +3.0M +9.9% 33.1M $795M
Defiance Etfs, LLC +2.6M +751.8% 2.9M $68.4M
Price T Rowe Associates Inc Active manager +1.9M +453.2% 2.3M $54.5M
UBS Group AG +1.8M +18.0% 11.6M $279M
Clearbridge Investments, LLC Active manager +1.4M New position 1.4M $34.8M
Wellington Management Group LLP Active manager +1.4M +372.2% 1.8M $43.7M
Jpmorgan Chase & Co +1.4M +100.7% 2.7M $65.8M
Westfield Capital Management Co LP Active manager +1.3M New position 1.3M $31.5M
Penserra Capital Management LLC +1.3M +82.2% 2.9M $68.6M
Franklin Resources Inc Active manager +1.3M +1395.7% 1.4M $33M
Vanguard Portfolio Management LLC Index funds +1.2M +5.9% 22.0M $528M
Bank Of New York Mellon Corp +861K +60.3% 2.3M $55M
Citadel Advisors LLC Hedge fund +861K +111.2% 1.6M $39.2M
Marex Group Ltd +827K +83.3% 1.8M $43.7M
Van Eck Associates Corp +807K +52.6% 2.3M $56.1M
Nomura Asset Management International Inc. +716K +103.7% 1.4M $33.7M
Voya Investment Management LLC +684K +170.7% 1.1M $26M
Emerald Advisers, LLC +607K +112.4% 1.1M $27.5M
Lord, Abbett & Co. LLC +583K New position 583K $14M
Morgan Stanley +574K +24.5% 2.9M $69.9M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
HRT Financial LP −3.4M Sold out 0 —
Jane Street Group, LLC −2.4M −99.4% 13K $320,818
Goldman Sachs Group Inc −1.6M −37.3% 2.7M $64.3M
Voloridge Investment Management, LLC Hedge fund −1.3M −60.3% 843K $20.2M
SG Americas Securities, LLC −853K −86.8% 130K $3.1M
Jump Financial, LLC −665K Sold out 0 —
Tudor Investment Corp Et Al Hedge fund −577K Sold out 0 —
Connor, Clark & Lunn Investment Management Ltd. −540K Sold out 0 —
Walleye Capital LLC Hedge fund −515K −97.6% 13K $305,225
Qube Research & Technologies Ltd Hedge fund −446K Sold out 0 —
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet Ltd −399K −51.0% 383K $9.2M
Marshall Wace, LLP Hedge fund −340K Sold out 0 —
Two Sigma Investments, LP Hedge fund −265K Sold out 0 —
Susquehanna International Group, LLP −217K −12.5% 1.5M $36.4M
Brevan Howard Capital Management LP Hedge fund −194K Sold out 0 —
Vontobel Holding Ltd. −190K −70.9% 78K $1.9M
Qsemble Capital Management, LP −187K Sold out 0 —
Point72 Asset Management, L.P. Hedge fund −186K Sold out 0 —
Quantbot Technologies LP Hedge fund −179K Sold out 0 —
Invesco Ltd. −150K −23.7% 481K $11.5M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Clearbridge Investments, LLCActive manager 1.4M $34.8M
Westfield Capital Management Co LPActive manager 1.3M $31.5M
Lord, Abbett & Co. LLC 583K $14M
Winton Group LtdHedge fund 280K $6.7M
Jennison Associates LLCActive manager 239K $5.7M
Nicholas Investment Partners, LP 231K $5.5M
American Century Companies IncActive manager 186K $4.5M
Castleark Management LLC 180K $4.3M
Lisanti Capital Growth, LLC 113K $2.7M
Great Lakes Advisors, LLC 106K $2.5M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
HRT Financial LP 3.4M $48.5M
Jump Financial, LLC 665K $9.6M
Tudor Investment Corp Et AlHedge fund 577K $8.3M
Connor, Clark & Lunn Investment Management Ltd. 540K $7.8M
Qube Research & Technologies LtdHedge fund 446K $6.4M
Marshall Wace, LLPHedge fund 340K $4.9M
Two Sigma Investments, LPHedge fund 265K $3.8M
Brevan Howard Capital Management LPHedge fund 194K $2.8M
Qsemble Capital Management, LP 187K $2.7M
Point72 Asset Management, L.P.Hedge fund 186K $2.7M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
547
Ten largest holders
60.5%
of 13F-reported shares
Index fund managers
50.2%
of 13F-reported shares
Active managers and hedge funds
7.1%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 18 24 6 14 +4.7M +51.0%
Index fund managers 10 1 0 0 +5.5M +5.8%
Other institutions 335 142 119 56 +7.4M +10.3%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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