Xanadu Quantum Technologies
XNDU on Nasdaq. Electronic computers. Market value $1.3bn.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
Nothing stands out yet.
See Technology stocks that passed both tests
This is not advice. Check the numbers below.
We could not compute this from the filings.
The filings do not give us enough to work this out.
The filings do not give us enough to work this out.
Quality score: not known. Price score: not known. Our list needs 70 on quality and 60 on price.
$5.06 a share, 19% above its 1-year low
Over the past year the price has ranged from $4.25 to $42.44.
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
Five-year fundamentals are not available yet.
Health checks
- Free cash flow positiveNot enough data
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)Not enough data
- Profit backed by cash (accruals)Not enough data
- DebtUnknown
- Revenue growth, five yearsUnknown
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 9 April 2026
- Next quarterly (estimated, 10-Q)
- n/a
Who owns it
None of the long-term investors we follow own it. 73 funds in all.
Largest holders overall
- Deer Management$276mNew
- Capricorn Investment Group$134mNew
- Penserra Capital Management$68mNew
- Defiance ETFs$68mNew
- StepStone Group LP$41m
- HarbourVest Partners$26mNew
- Marex Group$14mNew
- Bank of New York Mellon$8mNew
- Omers Administration$6m
- UBS Group AG$4mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
7 investors own more than 5%.
- OMERS ADMINISTRATION CorpPassive investor48.5%Since 26 March 2026
- Georgian Partners Growth LPPassive investorat least 40.8%(filed with 6 related holders)Since 26 March 2026
What they said
The information set forth in Item 3 of this Statement is incorporated herein by reference. The Reporting Persons hold the securities of the Issuer for general investment purposes. The Reporting Persons may, from time to time, depending on prevailing market, economic and other…
Read the filing - Radical Ventures II GP Inc.Passive investorat least 21.6%(filed with 2 related holders)Since 26 March 2026
- Christian WeedbrookInsider or founder20.2%−31.6 ptsSince 22 September 2026
- Bessemer Venture Partners XI Institutional L.P.Passive investorat least 10.0%(filed with 2 related holders)Since 26 March 2026
- GIC Private LtdPassive investorat least 6.7%(filed with 2 related holders)Since 26 March 2026
- LOCKHEED MARTIN INVESTMENT MANAGEMENT COPassive investorat least 5.1%(filed with 1 related holder)Since 26 March 2026
- Polar Asset Management Partners Inc.Passive investorSold down below 5%Since 31 March 2026
- BDC Capital Inc.Passive investorSold down below 5%Since 20 September 2026
- Millennium Management LLCPassive investorSold down below 5%Since 17 June 2026
- Dipender SalujaPassive investorSold down below 5%Since 22 September 2026
- MMCAP International Inc. SPCPassive investorSold down below 5%Since 4 May 2026
| Holder | Stake | Since | |
|---|---|---|---|
OMERS ADMINISTRATION Corp Passive investor | 48.5% | 26 March 2026 | |
Georgian Partners Growth LP Passive investor | at least 40.8% (filed with 6 related holders) | 26 March 2026 | What they saidThe information set forth in Item 3 of this Statement is incorporated herein by reference. The Reporting Persons hold the securities of the Issuer for general investment purposes. The Reporting Persons may, from time to time, depending on prevailing market, economic and other… Read the filing |
Radical Ventures II GP Inc. Passive investor | at least 21.6% (filed with 2 related holders) | 26 March 2026 | |
Christian Weedbrook Insider or founder | 20.2%−31.6 pts | 22 September 2026 | |
Bessemer Venture Partners XI Institutional L.P. Passive investor | at least 10.0% (filed with 2 related holders) | 26 March 2026 | |
GIC Private Ltd Passive investor | at least 6.7% (filed with 2 related holders) | 26 March 2026 | |
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO Passive investor | at least 5.1% (filed with 1 related holder) | 26 March 2026 | |
Polar Asset Management Partners Inc. Passive investor | Sold down below 5% | 31 March 2026 | |
BDC Capital Inc. Passive investor | Sold down below 5% | 20 September 2026 | |
Millennium Management LLC Passive investor | Sold down below 5% | 17 June 2026 | |
Dipender Saluja Passive investor | Sold down below 5% | 22 September 2026 | |
MMCAP International Inc. SPC Passive investor | Sold down below 5% | 4 May 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
We have no insider filings for this company yet.
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.