QUANTUM COMPUTING INC QUBT
COM · Common Stock · CUSIP 74766W108 · ISIN US74766W1080
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersHoboken, NJ
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($500.4k this quarter). Holder counts are more reliable. Shares outstanding: 159.9m as of 2025-08-13, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $19.06. Options: 17 managers hold calls ($205.5m notional), 20 hold puts ($208.5m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 37 |
| Q4 2022 | 37 |
| Q1 2023 | 38 |
| Q2 2023 | 40 |
| Q3 2023 | 44 |
| Q4 2023 | 46 |
| Q1 2024 | 47 |
| Q2 2024 | 48 |
| Q3 2024 | 35 |
| Q4 2024 | 127 |
| Q1 2025 | 168 |
| Q2 2025 | 224 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 16 | 16 |
| Q4 2023 | 18 | 12 |
| Q1 2024 | 23 | 18 |
| Q2 2024 | 24 | 16 |
| Q3 2024 | 13 | 25 |
| Q4 2024 | 110 | 13 |
| Q1 2025 | 129 | 53 |
| Q2 2025 | 172 | 58 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $106.5k | $10.1k | 0.10 |
| Q4 2024 | $157.5m | $113.1m | 0.72 |
| Q1 2025 | $60.2m | $59.9m | 1.00 |
| Q2 2025 | $205.5m | $208.5m | 1.01 |
Biggest buyers
| BlackRock, Inc. | Added | +5.1m |
| JANE STREET GROUP, LLC | Added | +4.8m |
| VANGUARD GROUP INC | Added | +4.7m |
| Anson Funds Management LP | New | +4.7m |
| CITADEL ADVISORS LLC | Added | +2.2m |
| Polar Asset Management Partners Inc. | New | +1.6m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.4m |
| STATE STREET CORP | Added | +1.3m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +1.2m |
| Penserra Capital Management LLC | New | +1.0m |
Biggest sellers
| TUDOR INVESTMENT CORP ET AL | Sold out | -857.9k |
| MORGAN STANLEY | Reduced | -709.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -539.1k |
| UBS Group AG | Reduced | -416.1k |
| CADIAN CAPITAL MANAGEMENT, LP | Sold out | -270.0k |
| HRT FINANCIAL LP | Sold out | -218.0k |
| SIMPLEX TRADING, LLC | Sold out | -110.3k |
| UNICOM Systems, Inc. | Reduced | -103.8k |
| Caitong International Asset Management Co., Ltd | Sold out | -99.8k |
| WOLVERINE TRADING, LLC | Reduced | -87.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $50.9m2.7m shares |
| CITADEL ADVISORS LLC | Added | $43.1m2.2m shares |
| GROUP ONE TRADING LLC | Added | $28.8m1.5m shares |
| JANE STREET GROUP, LLC | Added | $27.2m1.4m shares |
| SIMPLEX TRADING, LLC | Added | $15.9m827.1k shares |
| IMC-Chicago, LLC | Reduced | $14.4m751.0k shares |
| WOLVERINE TRADING, LLC | Added | $6.1m354.4k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $5.0m2.6k shares |
| Walleye Capital LLC | Added | $4.6m238.9k shares |
| Walleye Trading LLC | Added | $4.3m221.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $36.0m1.9m shares |
| SIMPLEX TRADING, LLC | Added | $26.2m1.4m shares |
| CITADEL ADVISORS LLC | Reduced | $20.4m1.1m shares |
| No Street GP LP | New | $20.1m1.1m shares |
| Aristides Capital LLC | Added | $16.4m856.0k shares |
| GROUP ONE TRADING LLC | Added | $14.1m735.5k shares |
| JANE STREET GROUP, LLC | Reduced | $13.9m724.2k shares |
| MIRAE ASSET SECURITIES (USA) INC. | New | $11.9m618.4k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $10.4m5.4k shares |
| IMC-Chicago, LLC | Reduced | $10.3m539.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Huang Yuping
13D · may seek influence
filed 2026-05-28
Stated purposeExcept as described in this Item 4, Dr. Huang has no present plans or proposals that relate to or would result in any of the matters set forth in subparagraphs (a)-(j) of Item 4 of Form Schedule 13D. Dr. Huang reserves the right, in light of his future evaluation of the Issuer's financial condition, business, operations and prospects, the market price of the Common Stock, conditions in the securities markets generally, general economic and industry conditions and other relevant factors, to change his plans and intentions at any time and from time to time, as he deems appropriate. In his capacity as a director and senior executive officer of the Issuer, Dr. Huang participates in deliberations of the Issuer's senior management and directors in the normal course of the Issuer's business that… Full filing |
10.3% |
| BlackRock, Inc. 13G · institution +1.3 pts · filed 2026-01-21 | 6.7% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 1 | $53.1k | $53.1k |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $1.7m | — |
| Q2 2025 | 0 | — | 4 | $14.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-12 | Boehmler Christopher Chief Financial Officer | Sold | $928.8k46.4k shares |
| 2025-06-11 | Boehmler Christopher Chief Financial Officer | Sold | $1.7m83.5k shares |
| 2025-06-10 | Boehmler Christopher Chief Financial Officer | Sold | $1.5m96.7k shares |
| 2025-06-09 | TURMELLE MICHAEL C Director | Sold | $2.8m201.0k shares |
| 2025-06-09 | Boehmler Christopher Chief Financial Officer | Sold | $1.4m92.3k shares |
| 2025-05-19 | Huang Yuping Chief Quantum Officer, director | Sold | $5.8m500.0k shares |
| 2025-05-19 | Shabani Javad Director | Sold | $466.1k40.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 9.9m $190.0m | Added +4.7m |
| BlackRock, Inc. 0.00% of their portfolio | 7.0m $133.3m | Added +5.1m |
| JANE STREET GROUP, LLC 0.14% of their portfolio | 5.0m $89.7m | Added +4.8m |
| Anson Funds Management LP 16.38% of their portfolio | 4.7m $89.7m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.6m $50.4m | Added +1.4m |
| STATE STREET CORP 0.00% of their portfolio | 2.5m $47.6m | Added +1.3m |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 2.4m $46.2m | Added +2.2m |
| Polar Asset Management Partners Inc. 0.73% of their portfolio | 1.6m $29.4m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 1.2m $22.8m | Added +1.2m |
| Penserra Capital Management LLC 0.27% of their portfolio | 1.0m $19.5m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 1.0m $19.1m | Added +115.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 953.1k $18.3m | Added +707.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 888.6k $17.0m | Reduced -80.9k |
| MORGAN STANLEY 0.00% of their portfolio | 871.5k $16.7m | Reduced -709.6k |
| Invesco Ltd. 0.00% of their portfolio | 836.5k $16.0m | New |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 771.6k $14.8m | New |
| UBS Group AG 0.00% of their portfolio | 693.0k $13.3m | Reduced -416.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 691.5k $13.3m | Added +365.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 630.7k $12.1m | Added +564.5k |
| MIRAE ASSET SECURITIES (USA) INC. 0.52% of their portfolio | 609.9k $11.7m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 587.5k $11.3m | New |
| UNICOM Systems, Inc. 1.47% of their portfolio | 552.5k $10.6m | Reduced -103.8k |
| Pacific Heights Asset Management LLC 0.41% of their portfolio | 400.0k $7.7m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 399.9k $7.7m | Added +346.1k |
| Marex Group Ltd 0.13% of their portfolio | 352.6k $6.8m | Added +314.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 345.9k $6.6m | Added +161.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 341.2k $6.5m | Added +290.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 315.6k $6.1m | Added +296.1k |
| Verition Fund Management LLC 0.03% of their portfolio | 314.2k $6.0m | Reduced -43.8k |
| LPL Financial LLC 0.00% of their portfolio | 305.0k $5.8m | Added +69.3k |
| Headlands Technologies LLC 0.62% of their portfolio | 268.3k $5.1m | Added +268.1k |
| Nuveen, LLC 0.00% of their portfolio | 264.9k $5.1m | New |
| Focus Financial Network, Inc. 0.19% of their portfolio | 254.0k $4.9m | Added +64.6k |
| Swiss National Bank 0.00% of their portfolio | 251.6k $4.8m | Added +25.8k |
| BARCLAYS PLC 0.00% of their portfolio | 238.8k $4.6m | Added +213.6k |
| GROUP ONE TRADING LLC 0.13% of their portfolio | 204.0k $3.9m | Reduced -41.0k |
| Jump Financial, LLC 0.04% of their portfolio | 184.4k $3.5m | Added +114.9k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 172.6k $3.3m | Added +169.1k |
| Legal & General Group Plc 0.00% of their portfolio | 154.7k $3.0m | Added +55.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 150.7k $2.9m | Reduced -78.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 140.4k $2.7m | Added +36.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 137.5k $2.6m | Added +11.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 131.0k $2.5m | Added +116.3k |
| SBI Securities Co., Ltd. 0.07% of their portfolio | 128.9k $2.5m | Added +10.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 126.3k $2.4m | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 125.6k $2.4m | Added +78.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 112.3k $2.2m | Reduced -539.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 91.1k $1.7m | Reduced -2.9k |
| Sassicaia Capital Advisers LLC 1.00% of their portfolio | 83.2k $1.6m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 82.9k $1.6m | Added +73.2k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 81.9k $1.6m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 79.4k $1.5m | Added +57.0k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 77.5k $1.5m | Added +73.7k |
| Foundations Investment Advisors, LLC 0.02% of their portfolio | 69.9k $1.3m | Added +36.5k |
| SLT Holdings LLC 0.99% of their portfolio | 69.2k $1.3m | Added +36.5k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 69.2k $1.3m | New |
| CITIGROUP INC 0.00% of their portfolio | 65.1k $1.2m | Added +59.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 64.1k $1.2m | Added +47.9k |
| XTX Topco Ltd 0.05% of their portfolio | 63.0k $1.2m | New |
| AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio | 62.2k $1.2m | Added +28.1k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 61.0k $1.2m | New |
| PFG Investments, LLC 0.07% of their portfolio | 58.8k $1.1m | New |
| Scientech Research LLC 0.27% of their portfolio | 57.1k $1.1m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 54.6k $1.0m | Added +54.1k |
| Concurrent Investment Advisors, LLC 0.02% of their portfolio | 52.3k $1.0m | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 52.2k $1.0m | Unchanged |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 51.1k $979.1k | Added +6.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 49.8k $955.0k | Added +7.5k |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 49.1k $941.8k | New |
| Gotham Asset Management, LLC 0.01% of their portfolio | 46.8k $897.3k | Added +7.2k |
| Intrua Financial, LLC 0.13% of their portfolio | 46.4k $889.6k | Reduced -1.7k |
| FMR LLC 0.00% of their portfolio | 46.1k $883.0k | Added +35.9k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 45.9k $880.0k | New |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 45.5k $872.7k | Unchanged |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.18% of their portfolio | 42.0k $805.1k | Reduced -63.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 41.1k $788.0k | Added +7.4k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 40.3k $772.0k | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 40.1k $768.2k | Reduced -3.4k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 39.7k $761.1k | Unchanged |
| Squarepoint Ops LLC 0.00% of their portfolio | 38.4k $737.0k | New |
| Quadrature Capital Ltd 0.01% of their portfolio | 37.7k $723.2k | New |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 37.3k $715.0k | Added +22.1k |
| Veracity Capital LLC 0.25% of their portfolio | 37.2k $712.3k | Reduced -2.9k |
| COMERICA BANK 0.00% of their portfolio | 36.8k $705.7k | Added +33.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 36.5k $699.7k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 34.0k $652.4k | Added +652 |
| AlphaQuest LLC 0.06% of their portfolio | 33.2k $636.0k | Added +11.9k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 32.8k $566.4k | Added +25.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 31.6k $606.6k | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 30.0k $575.7k | Reduced -288 |
| Silverleafe Capital Partners, LLC 0.19% of their portfolio | 28.3k $542.9k | Added +20 |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 27.2k $521.4k | Added +4.7k |
| Rollins Financial Advisors, LLC 0.08% of their portfolio | 26.3k $503.6k | New |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 26.1k $500.4k | New |
| SeaCrest Wealth Management, LLC 0.05% of their portfolio | 25.9k $496.5k | Added +208 |
| Mariner, LLC 0.00% of their portfolio | 25.2k $483.7k | Added +11.2k |
| ProShare Advisors LLC 0.00% of their portfolio | 23.6k $453.2k | New |
| Qsemble Capital Management, LP 0.04% of their portfolio | 23.5k $451.2k | New |
| Savvy Advisors, Inc. 0.03% of their portfolio | 23.1k $443.7k | Added +150 |
| Pathstone Holdings, LLC 0.00% of their portfolio | 22.7k $434.8k | New |