Quantum computing stocks D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) moved higher in early trading on Friday after a Wall Street Journal report said the Trump administration plans to provide $2 billion in grants to nine quantum computing companies. According to the Commerce Department, the agreements would also include U.S. government equity stakes in the companies. With quantum computing stocks gaining more attention from investors, it’s worth taking a closer look at who owns QBTS and RGTI stocks.
Meet Samuel – Your Personal Investing Prophet
Explore QBTX for 2X leverage on QBTSLet’s take a closer look at these 2 stocks.
D-Wave Quantum (QBTS)
D-Wave Quantum stock has gained 35% over the past year. The company is expected to receive $100 million in funding under the Trump administration’s new quantum computing initiative announced on May 21.
Now, according to TipRanks’ ownership page, public companies and individual investors hold the largest share of QBTS at 60.91%. They are followed by ETFs, mutual funds, other institutional investors, and insiders, at 16.97%, 13.75%, 6.66%, and 1.72%, respectively.
Looking closely at top shareholders, Vanguard owns the highest stake in QBTS at 9.67%. Following that is Vanguard Index Funds, which owns about 7.03% of the company.
Among the top ETF holders, the Vanguard Total Stock Market ETF (VTI) owns a 3.02% stake in D-Wave Quantum stock, followed by the iShares Russell 2000 ETF (IWM), with a 2.33% stake.
Moving to mutual funds, Vanguard Index Funds hold about 7.03% of QBTS. Meanwhile, Vanguard World Fund owns 1.47% of the company.
Rigetti Computing (RGTI)
Rigetti Computing stock has gained 59% over the past year. The company also signed a letter of intent for up to $100 million in funding under the Trump administration’s broader quantum computing initiative announced yesterday. The deal would also give the U.S. government an equity stake in Rigetti.
Now, according to TipRanks’ ownership page, public companies and individual investors hold the largest share of QBTS at 58.42%. They are followed by ETFs, mutual funds, other institutional investors, and insiders, at 17.03%, 14.48%, 9.48%, and 0.58%, respectively.
Looking closely at top shareholders, Vanguard owns the highest stake in RGTI at 9.86%. Next up is Vanguard Index Funds, which holds a 7.57% stake in the company.
Among the top ETF holders, the Vanguard Total Stock Market ETF (VTI) owns a 3.01% stake in Rigetti Computing stock, followed by the iShares Russell 2000 ETF (IWM) with a 2.30% stake.
Moving to mutual funds, Vanguard Index Funds holds about 7.57% of RGTI. Meanwhile, Vanguard World Fund owns 1.59% of the stock.
Which Quantum Computing Stock Has More Upside, According to Analysts?
Using TipRanks’ Stock Comparison Tool, D-Wave Quantum appears to offer higher upside potential, with analysts expecting about 43% upside, compared with roughly 36% upside for Rigetti Computing.
Investors can dig deeper to decide which quantum computing stock best fits their strategy. Below is a screenshot for reference.
