Flynn Zito Dumps 100,000 D-Wave Quantum Shares Worth $2.9 Million
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Specializing in quantum computing hardware and cloud services, D-Wave Quantum serves enterprise clients across diverse industries.On February 5, 2026, Flynn Zito Capital Management disclosed in an SEC filing that it sold 100,000 shares of D-Wave Quantum (QBTS +2.37%).What happenedAccording to a SEC filing dated February 5, 2026, Flynn Zito Capital Management reduced its stake by 100,000 shares in D-Wave Quantum during the fourth quarter of 2025. The estimated value of shares sold, calculated using the average closing price for the quarter, was $2.91 million. The fund’s position value in D-Wave Quantum declined by $2.41 million over the quarter, a figure that includes both trading and price movements.What else to knowThis was a sell, leaving the D-Wave Quantum position at 0.37% of the fund’s 13F AUM after the transaction.Top five holdings after the filing:NYSEMKT: HFXI: $20,609,453 (7.4% of AUM)NYSEMKT: PRF: $20,383,474 (7.3% of AUM)NASDAQ: AAPL: $20,002,736 (7.1% of AUM)NYSEMKT: IWF: $18,790,446 (6.7% of AUM)NYSEMKT: FLQM: $17,814,776 (6.4% of AUM)As of February 5, 2026, shares of D-Wave Quantum were priced at $17.21, up 174.9% over the past year with one-year alpha of 162.76 percentage points versus the S&P 500.Company overviewMetricValuePrice (as of market close February 5, 2026)$17.21Market capitalization$6.31 billionRevenue (TTM)$24,144,000Net income (TTM)($398,813,000)Company snapshotProvides quantum computing systems, cloud-based quantum access, professional onboarding services, and open-source software tools.Generates revenue through hardware sales, cloud subscriptions, and enterprise quantum consulting and deployment services.Targets manufacturing, logistics, financial services, life sciences, and other sectors seeking advanced computational solutions.D-Wave Quantum is a technology company specializing in the development and commercialization of quantum computing hardware, software, and cloud-based services. The company leverages its proprietary quantum systems and developer ecosystem to address complex computational challenges across diverse industries. With a focus on enterprise adoption, D-Wave positions itself as a leader in applied quantum computing solutions.What this transaction means for investorsFlynn Zito appears to have made a successful trade in D-Wave Quantum stock.The investment management firm purchased its 140,000 shares in the first quarter of 2025. From there, the stock steadily rose until its price spiked in Q4. This makes it likely that it made a return of between 250% and 615% on the shares it sold. Additionally, the fact that it still holds 40,000 shares could indicate it sees further profit potential in this quantum computing stock.ExpandNYSE: QBTSD-Wave QuantumToday's Change(2.37%) $0.49Current Price$21.21Key Data PointsMarket Cap$7.7BDay's Range$20.02 - $21.3452wk Range$4.45 - $46.75Volume24MAvg Vol36MGross Margin82.82%D-Wave Quantum is known as the “practical quantum computing company” and has built a relationship with many companies to apply its technology to their challenges.Nonetheless, it continues to incur massive losses, which makes holding this stock highly risky over the long term. Also, its price-to-sales (P/S) ratio was just above 200 at the time of this filing, making it difficult to measure from a valuation standpoint.Hence, quantum computing should play a prominent role in the tech industry for some time to come. However, the recent sale seems to point to both the difficulty and the profit potential of investing in companies like D-Wave.Read NextFeb 8, 2026 •By Howard SmithD-Wave Quantum Shares Crashed in January. Is it Time to Buy?Feb 7, 2026 •By Rick OrfordPrediction: The Quantum Stock Could Surge 78% in 2026Feb 6, 2026 •By Keith NoonanD-Wave Quantum Skyrocketed Today -- Is the Stock a Buy Right Now?Feb 6, 2026 •By Chris NeigerWarning: This Skyrocketing Stock Has a Hidden RiskFeb 5, 2026 •By Robert IzquierdoIs D-Wave Quantum Stock a Buy Now?Feb 4, 2026 •By Rick OrfordShould You Buy D-Wave Stock Before Its Next Breakout?About the AuthorWill Healy is a contributing Motley Fool stock market analyst covering technology and consumer goods industries.
Before The Motley Fool, Will was a freelance writer covering stocks and personal finance for MSN Money, Yahoo! Finance, and Nasdaq. Earlier in his career, he was an expert in geographic information systems, applying spatial and IT skills to perform RF and demographic analysis in the telecom industry. He holds a bachelor’s degree in journalism from Texas A&M University and an MBA in finance and strategy from the University of Texas at Dallas.TMFWillHealyX@HealyWritingStocks MentionedD-Wave QuantumNYSE: QBTS$21.21 (+2.37%) $+0.49Invesco Exchange-Traded Fund Trust - Invesco Rafi Us 1000 ETFNYSEMKT: PRF$49.93 (0.14%) $0.07AppleNASDAQ: AAPL$274.62 (1.17%) $3.24iShares Trust - iShares Russell 1000 Growth ETFNYSEMKT: IWF$460.98 (+0.91%) $+4.14Franklin Templeton ETF Trust - Franklin U.s.
Mid Cap Multifactor Index ETFNYSEMKT: FLQM$58.26 (0.60%) $0.35New York Life Investments ETF Trust - Nyli Ftse International Equity Currency Neutral ETFNYSEMKT: HFXI$35.45 (+1.14%) $+0.40*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.