D-Wave Quantum (QBTS)Driehaus Capital Management LLC exited its position 2.44M shares

2.44M

Prior-quarter shares · no longer reported

Holdings as of

Dec 31, 2025

Filed

Feb 17, 2026

The story around this disclosure

Every dated public record OQRO holds about the company from 60 days before to 120 days after, oldest first. It shows what was going on; none of it is a stated reason for the trade.

1. Jan 6, 2026Company filing · Form 8-K · Material agreement, Unregistered sharesSigned an important agreement, and sold new shares without registering them (and 1 more item)
2. Jan 20, 2026Company filing · Form 8-K · Unregistered shares, Reg FDSold new shares without registering them, and shared information with investors (and 1 more item)

What came next

1. Feb 26, 2026Company filing · Form 8-K · Results, Reg FDReported its results, and shared information with investors
2. Apr 30, 2026Company filing · Form 8-K · Executive changeChanged a top executive or board member“On April 30, 2026, D-Wave Quantum Inc. (the “ Company ”) and its subsidiary, D-Wave Commercial Inc., entered into the Third Amendment (the “ Third Amendment ”) to the Amended and Restated Employment Agreement, dated as of January 1, 2020, with the Company’s President and Chief Executive Officer, Dr. Alan Baratz, to reflect updates to Dr. Baratz’s compensation arrangements as approved by the Board of Directors (the “…”
3. May 12, 2026Company filing · Form 8-K · ResultsReported its results

How to read SEC Form 13F-HR

Form 13F is the quarterly report in which investment managers that oversee $100 million or more list the US-listed stocks and some other securities they held on the last day of the quarter.

Full guide: What is an SEC Form 13F?

What else is on file for D-Wave Quantum

For D-Wave Quantum, OQRO holds 1 fund holdings report (13F) dated in the last 90 days.

These are records OQRO holds, counted by their date, not a measure of how much trading took place. Routine paperwork such as option exercises and tax withholding is left out. Everything for the company is on its QBTS page.

How this filing works

• SEC Form 13F

Other disclosures at D-Wave Quantum

• SEC Form 13F-HRAug 14, 2026
• SEC Form 13F-HRMay 15, 2026
• SEC Form 13F-HRNov 14, 2025
• SEC Form 4Sep 17, 2025
• SEC Form 4Sep 17, 2025
• SEC Form 4Sep 12, 2025

Everything OQRO holds on this company is on its QBTS page.