Squarepoint Ops LLC Has $3.91 Million Stock Holdings in Quantum Computing Inc. $QUBT

Squarepoint Ops LLC decreased its position in Quantum Computing Inc. (NASDAQ:QUBT - Free Report) by 71.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 402,727 shares of the company's stock after selling 1,004,606 shares during the quarter. Squarepoint Ops LLC owned 0.18% of Quantum Computing worth $3,906,000 at the end of the most recent reporting period.

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A number of other hedge funds have also made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Quantum Computing by 57.1% during the 1st quarter. Royal Bank of Canada now owns 53,752 shares of the company's stock valued at $430,000 after purchasing an additional 19,527 shares during the last quarter. Millennium Management LLC grew its stake in Quantum Computing by 288.9% during the first quarter. Millennium Management LLC now owns 651,455 shares of the company's stock worth $5,212,000 after buying an additional 483,940 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Quantum Computing by 0.7% during the first quarter. Goldman Sachs Group Inc. now owns 326,278 shares of the company's stock worth $2,610,000 after buying an additional 2,280 shares during the last quarter. Rhumbline Advisers acquired a new stake in shares of Quantum Computing during the first quarter worth approximately $28,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Quantum Computing by 12,826.8% during the second quarter. JPMorgan Chase & Co. now owns 54,551 shares of the company's stock worth $1,046,000 after buying an additional 54,129 shares in the last quarter. Institutional investors and hedge funds own 4.26% of the company's stock.