D-Wave Quantum Inc. (QBTS) Insider Trading
Over the last 3 months, QBTS insiders made 0 open-market buys and 8 sales, a net sale of -$11.1M (SEC Form 4). Over the last 6 months, 378 institutions increased and 302 reduced their position (13F).
Insider Activity
Sentiment
0/100
Buys (3m)
0
Sells (3m)
8
Net (3m)
-$11.1M
Insider trades by month Buys Sells
Jan
Feb
Mar
Apr
May
Jun
Context3-month price +45.7%Institutions accumulating (13F)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 4, 2026 | Markovich John M.officer: Chief Financial Officer | Sell | 2,908 | $31.00 |
| May 27, 2026 | Markovich John M.officer: Chief Financial Officer | Sell | 328,752 | $27.70 |
| May 27, 2026 | Markovich John M.officer: Chief Financial Officer | Option | 120,826 | $0.85 |
| May 27, 2026 | Markovich John M.officer: Chief Financial Officer | Option | 207,926 | $0.92 |
| May 22, 2026 | Nguyen Dianeofficer: EVP, Chief Legal Officer & GC | Sell | 40,000 | $25.01 |
| May 21, 2026 | AMES SOPHIE Cofficer: Exec. Vice President & CHRO | Sell | 23,025 | $18.98 |
| May 14, 2026 | AMES SOPHIE Cofficer: Exec. Vice President & CHRO | Tax | 23,850 | $22.35 |
| May 14, 2026 | BARATZ ALAN Edirector, officer: President & CEO | Tax | 18,542 | $22.35 |
| May 14, 2026 | Nguyen Dianeofficer: EVP, Chief Legal Officer & GC | Tax | 2,459 | $22.35 |
| May 4, 2026 | BARATZ ALAN Edirector, officer: President & CEO | Grant | 753,941 | — |
| Apr 21, 2026 | AMES SOPHIE Cofficer: Exec. Vice President & CHRO | Sell | 3,070 | $21.35 |
| Apr 15, 2026 | BARATZ ALAN Edirector, officer: President & CEO | Tax | 33,778 | $14.25 |
| Apr 15, 2026 | Nguyen Dianeofficer: EVP, Chief Legal Officer & GC | Tax | 4,066 | $14.25 |
| Apr 15, 2026 | Markovich John M.officer: Chief Financial Officer | Tax | 8,607 | $14.25 |
| Apr 15, 2026 | AMES SOPHIE Cofficer: Exec. Vice President & CHRO | Tax | 3,180 | $14.25 |
| Mar 17, 2026 | Ghai Rohitdirector | Sell | 10,000 | $17.62 |
| Mar 17, 2026 | Nguyen Dianeofficer: EVP, Chief Legal Officer & GC | Sell | 2,532 | $17.63 |
| Mar 17, 2026 | Markovich John M.officer: Chief Financial Officer | Sell | 10,706 | $17.63 |
| Mar 6, 2026 | DiLullo John Ddirector | Sell | 8,000 | $18.01 |
| Feb 24, 2026 | Nguyen Dianeofficer: EVP, Chief Legal Officer & GC | Grant | 28,068 | — |
| Feb 17, 2026 | Nguyen Dianeofficer: EVP, Chief Legal Officer & GC | Sell | 1,451 | $19.76 |
| Jan 15, 2026 | Nguyen Dianeofficer: EVP, Chief Legal Officer & GC | Sell | 20,000 | $28.86 |
| Jan 15, 2026 | Nguyen Dianeofficer: EVP, Chief Legal Officer & GC | Sell | 4,519 | $28.06 |
| Jan 15, 2026 | BARATZ ALAN Edirector, officer: President & CEO | Sell | 35,013 | $28.06 |
| Jan 15, 2026 | Markovich John M.officer: Chief Financial Officer | Sell | 9,179 | $28.06 |
| Dec 23, 2025 | Markovich John M.officer: Chief Financial Officer | Option | 100,000 | $0.92 |
| Dec 23, 2025 | BARATZ ALAN Edirector, officer: President & CEO | Sell | 793,712 | $30.13 |
| Dec 23, 2025 | BARATZ ALAN Edirector, officer: President & CEO | Option | 793,712 | $0.91 |
| Dec 23, 2025 | Markovich John M.officer: Chief Financial Officer | Sell | 100,000 | $30.03 |
| Dec 16, 2025 | Markovich John M.officer: Chief Financial Officer | Sell | 11,562 | $23.89 |
Source: QBTS SEC Form 4 filings, latest Jun 4, 2026. For informational purposes only — not investment advice.
Institutional activity (13F)
How institutions changed their QBTS positions over the last 6 months (SEC Form 13F).
Increased
378
New positions
217
Reduced
302
Sold out
164
Largest moves
| Institution | Action | Shares | Filed |
|---|---|---|---|
| VANGUARD GROUP INC | Reduced | 36.9M | Jan 29, 2026 |
| BLACKROCK, INC. | Increased | 30.2M | May 13, 2026 |
| BLACKROCK, INC. | Increased | 28.2M | Feb 12, 2026 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | New Position | 20.8M | May 8, 2026 |
| VANGUARD CAPITAL MANAGEMENT LLC | New Position | 15.9M | May 15, 2026 |
| UBS GROUP AG | Reduced | 10.3M | Jan 29, 2026 |
| UBS GROUP AG | Reduced | 9.9M | May 5, 2026 |
| GEODE CAPITAL MANAGEMENT, LLC | Increased | 9.0M | May 15, 2026 |
| STATE STREET CORP | Increased | 8.5M | May 15, 2026 |
| GEODE CAPITAL MANAGEMENT, LLC | Increased | 8.4M | Feb 9, 2026 |
| STATE STREET CORP | Increased | 7.7M | Feb 13, 2026 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | 6.6M | Feb 17, 2026 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | 6.0M | May 15, 2026 |
| CLEAR STREET GROUP INC. | Increased | 5.7M | May 15, 2026 |
| BANK OF AMERICA CORP /DE/ | Reduced | 5.4M | Feb 3, 2026 |
Source: SEC Form 13F filings. For informational purposes only — not investment advice.