Rigetti Computing, Inc.

RGTI • NASDAQ

Rigetti Computing, Inc. is a computer hardware company in the technology sector on NASDAQ, led by Subodh Kulkarni, with a market cap of $9.9B. As of Q3 2025, 49% of shares are held by 418 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.89%.

President and Chief Executive OfficerSubodh Kulkarni

Market Cap$9.9B

Computer Hardware

Technology

Employees144.0

Websiterigetti.com

Country

United States of America

Overview

Overview of institutional ownership in RGTI as of Q3 2025 with a market cap of $9.7B

All Institutions

Institutions: 418
Value Held: $4.8B
Shares Held: 160.4M
Avg Position: $11.4M
Median Position: $447.5K

Hedge Funds

Hedge Funds: 24
Value Held: $217.3M
Shares Held: 7.3M
Avg Position: $9.1M
Median Position: $1.6M

Ownership Breakdown

Institutional (non-HF)

47.2%

$4.6B

Hedge Funds

2.25%

$217.3M

Retail & Other

50.55%

$4.9B

Based on market cap of $9.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in RGTI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$954.7M 0.01% of portfolio	9.89% 32.0M shares	Q2 2022 Held for 3y 5m	$6.69T
B BlackRock, Inc. Institution	-	$762.9M 0.01% of portfolio	7.90% 25.6M shares	Q2 2022 Held for 3y 5m	$5.67T
D D. E. Shaw & Co., Inc. Institution	-	$380.3M 0.33% of portfolio	3.94% 12.8M shares	Q1 2025 Held for 8 months	$115.81B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$289.7M 0.01% of portfolio	3.00% 9.7M shares	Q2 2022 Held for 3y 5m	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$228.9M 0.01% of portfolio	2.37% 7.7M shares	Q1 2022 Held for 3y 8m	$1.57T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$144.0M 0.02% of portfolio	1.49% 4.8M shares	Q3 2024 Held for 1y 2m	$912.31B
T Toroso Investments, LLC ETF Provider	Guillermo Trias CEO	$141.8M 0.61% of portfolio	1.47% 4.8M shares	Q2 2025 Held for 5 months	$23.2B
U UNICOM Systems, Inc. RIA/Wealth	Paul Thurman Scoggins Managing Partner	$104.9M 10.87% of portfolio	1.09% 3.5M shares	Q4 2024 Held for 11 months	$964.8M
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$95.9M 0.01% of portfolio	0.99% 3.2M shares	Q1 2022 Held for 3y 8m	$1.33T
UBS Group AG Institution	Sergio P. Ermotti CEO	$91.8M 0.02% of portfolio	0.95% 3.1M shares	Q1 2022 Held for 3y 8m	$511.54B

Net Capital Flow

Institutional buying and selling activity for RGTI in Q3 2025

Net Flow: +$725.4M
Buyers: 187
Sellers: 111
Total Bought: +$1.1B
Total Sold: −$360.3M
Avg Position: $12.0M

Biggest Buyers

Institution	Net Bought	Current Position
VANGUARD GROUP INC Institution	+$274.9M +9.2M shares	$954.7M 32.0M shares
B BlackRock, Inc. Institution	+$133.7M +4.5M shares	$762.9M 25.6M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$125.2M +4.2M shares	$144.0M 4.8M shares
T Toroso Investments, LLC ETF Provider	+$70.8M +2.4M shares	$141.8M 4.8M shares
FMR LLC Institution	+$57.2M +1.9M shares	$59.0M 2.0M shares
UBS Group AG Institution	+$44.2M +1.5M shares	$91.8M 3.1M shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$35.7M +1.2M shares	$228.9M 7.7M shares
BANK OF AMERICA CORP /DE/ Institution	+$32.2M +1.1M shares	$95.9M 3.2M shares
STATE STREET CORP Institution	+$25.9M +870.4K shares	$289.7M 9.7M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$23.6M +791.5K shares	$23.6M 791.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$65.9M −2.2M shares	$1.1M 36.5K shares
MORGAN STANLEY RIA/Wealth	−$63.6M −2.1M shares	$62.7M 2.1M shares
A American Assets Investment Management, LLC Hedge Fund•Value	−$41.1M −1.4M shares	$70.5M 2.4M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$35.2M −1.2M shares	$1.6M 54.9K shares
AMERIPRISE FINANCIAL INC Institution	−$30.3M −1.0M shares	$24.7M 828.0K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$18.0M −604.3K shares	$9.0M 301.4K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$14.6M −489.0K shares	$3.3M 112.1K shares
U UNICOM Systems, Inc. RIA/Wealth	−$8.5M −285.0K shares	$104.9M 3.5M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$8.4M −281.7K shares	$15.6M 524.4K shares
N NATIONAL BANK OF CANADA /FI/ Institution	−$7.6M −253.4K shares	$1.0M 34.3K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited RGTI in Q3 2025

New Positions: 101
New Value: $156.4M
Exited Positions: 44
Exited Value: $24.9M

New Positions

Institution	Position Value
C CANTOR FITZGERALD, L. P. Institution	$62.7M 2.1M shares
Clearbridge Investments, LLC Long Only Manager	$19.9M 668.0K shares
Q Quantitative Investment Management, LLC Hedge Fund•Quant Macro	$14.4M 484.3K shares
GANNETT WELSH & KOTLER Long Only Manager	$11.1M 373.8K shares
ELEVATUS WELATH MANAGEMENT RIA/Wealth	$4.3M 143.8K shares
B BANQUE PICTET & CIE SA Institution	$3.0M 100.0K shares
C CLS Investments, LLC Institution	$2.8M 95.4K shares
J. Safra Sarasin Holding AG Fund of Funds	$2.6M 86.5K shares
Main Management ETF Advisors, LLC Institution	$1.9M 63.6K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	$1.7M 55.9K shares

Exited Positions

Institution	Previous Position
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	$5.3M 450.0K shares
M MAPLELANE CAPITAL, LLC Hedge Fund•Long/Short	$4.4M 370.0K shares
Walleye Trading LLC RIA/Wealth	$3.1M 261.6K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$2.8M 238.6K shares
C Comprehensive Financial Management LLC Family Office	$1.8M 153.2K shares
F FORA Capital, LLC Hedge Fund•Quant	$1.8M 151.4K shares
IMC-Chicago, LLC RIA/Wealth	$1.4M 121.0K shares
DLK Investment Management, LLC RIA/Wealth	$640.5K 54.0K shares
H HSBC HOLDINGS PLC Institution	$629.4K 53.5K shares
S Sender Co & Partners, Inc. Institution	$441.8K 37.3K shares

Options Activity

Institutions with the largest Call and Put options positions in RGTI as of Q3 2025

Call Positions: 30
Call Value: $856.1M
Put Positions: 38
Put Value: $941.0M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$458.4M 153.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$172.0M 57.7K contracts
J JANE STREET GROUP, LLC Institution	$101.4M 34.0K contracts
W WOLVERINE TRADING, LLC Institution	$37.3M 12.6K contracts
D D. E. Shaw & Co., Inc. Institution	$28.1M 9.4K contracts
Walleye Trading LLC RIA/Wealth	$12.3M 4.1K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$11.8M 4.0K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$9.7M 3.3K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$8.2M 2.7K contracts
P PEAK6 LLC Institution	$4.5M 1.5K contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$217.4M 73.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$153.7M 51.6K contracts
T Toroso Investments, LLC ETF Provider	$137.8M 46.3K contracts
J JANE STREET GROUP, LLC Institution	$78.3M 26.3K contracts
C CANTOR FITZGERALD, L. P. Institution	$71.9M 24.2K contracts
GOLDMAN SACHS GROUP INC Institution	$35.7M 12.0K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$33.3M 11.2K contracts
W WOLVERINE TRADING, LLC Institution	$28.5M 9.6K contracts
N NOMURA HOLDINGS INC Institution	$28.3M 9.5K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$16.4M 5.5K contracts

Most Committed Institutions

Institutions with RGTI as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
F Founders Fund V Management, LLC Institution	-	91.97% $2.6M	0.03% 88.6K shares	Q4 2022 Held for 2y 11m	$2.9M
U UNICOM Systems, Inc. RIA/Wealth	Paul Thurman Scoggins Managing Partner	10.87% $104.9M	1.09% 3.5M shares	Q4 2024 Held for 11 months	$964.8M
A American Assets Investment Management, LLC Hedge Fund•Value	Ernest Sylvan Rady CEO	5.18% $70.5M	0.73% 2.4M shares	Q3 2022 Held for 3y 2m	$1.4B
Caitong International Asset Management Co., Ltd RIA/Wealth	Dusan Thomas Zachystal CEO	2.36% $3.4M	0.04% 114.7K shares	Q1 2025 Held for 8 months	$144.7M
FORTRESS PRIVATE LEDGER, LLC RIA/Wealth	Joseph Nicholas Iii Grabar CEO	2.25% $6.1M	0.06% 205.0K shares	Q1 2025 Held for 8 months	$271.2M
Q Quantitative Investment Management, LLC Hedge Fund•Quant Macro	Jaffray Piers Woodriff CEO	2.20% $14.4M	0.15% 484.3K shares	Q3 2025 Held for 2 months	$655.9M
O Orion Investment Co RIA/Wealth	Frederic George Sauer President	1.32% $4.1M	0.04% 139.2K shares	Q1 2025 Held for 8 months	$314.7M
C CANTOR FITZGERALD, L. P. Institution	-	1.24% $62.7M	0.65% 2.1M shares	Q3 2025 Held for 2 months	$5.1B
ELEVATUS WELATH MANAGEMENT RIA/Wealth	Susan Elizabeth Dahl Managing Partner	1.24% $4.3M	0.04% 143.8K shares	Q3 2025 Held for 2 months	$345.6M
Penserra Capital Management LLC ETF Provider	John T Dunlap CEO	0.99% $72.9M	0.75% 2.4M shares	Q1 2022 Held for 3y 8m	$7.4B

Hedge Fund Spotlight

Discover hedge funds investing in RGTI

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Rigetti Computing, Inc.

Market Value: $1.6M
Shares Held: 54.9K
Portfolio Weight: 0.00%
Owned Since: 2022-Q1

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%