As of November 6, 2026, 5 holders' latest Schedule 13D or 13G filings report owning 5% or more of Pasqal Holding SA. The largest reported stake is Quantonation Ventures SAS', at 11.5%. 5 filings are on record since September 3, 2026 (Schedule 13G, October 7, 2026).
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Key facts
- · Reporting person: Temasek Holdings (Private) Limited · Sole voting: 0 · Shared voting: 11,873,655 · Sole dispositive: 0 · Shared dispositive: 11,873,655 · SCHEDULE 13G, 2026-10-16
- · Reporting person: Quantonation I · Sole voting: 21,924,691 · Shared voting: 0 · Sole dispositive: 21,924,691 · Shared dispositive: 0 · SCHEDULE 13G, 2026-10-07
- · Reporting person: Investiqo SAS · Sole voting: 12,382,286 · Shared voting: 0 · Sole dispositive: 12,382,286 · Shared dispositive: 0 · SCHEDULE 13G, 2026-10-07
- · Reporting person: Inflection Point Fund I, LP · Sole voting: 0 · Shared voting: 15,890,625 · Sole dispositive: 0 · Shared dispositive: 15,890,625 · SCHEDULE 13G, 2026-09-04
- · Reporting person: Bpifrance Participations S.A. · Sole voting: 0 · Shared voting: 24,480,841 · Sole dispositive: 0 · Shared dispositive: 24,480,841 · SCHEDULE 13D, 2026-09-03
Pasqal Holding SA has 5 Schedule 13D or 13G filings on record since 2026-09-03. 5 holders' latest filing reports 5% or more of ordinary shares, nominal value euro 0.02 per share. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Quantonation Ventures SAS | 11.5% | 24,448,402 | SCHEDULE 13G, 2026-10-07 | 2026-08-27 |
| Bpifrance Participations S.A. | 11.4% | 24,480,841 | SCHEDULE 13D, 2026-09-03 | 2026-08-27 |
| Inflection Point Fund I, LP | 7% | 15,890,625 | SCHEDULE 13G, 2026-09-04 | 2026-08-27 |
| 5.8% | 12,382,286 | SCHEDULE 13G, 2026-10-07 | 2026-08-27 | |
| Temasek Holdings (Private) Limited | 5.6% | 11,873,655 | SCHEDULE 13G, 2026-10-16 | 2026-09-30 |
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More on Pasqal Holding SA and the records around it.
Pasqal Holding SA elsewhere on the record
Companies that share a holder
- Inflection Point Fund I, LP also filed stake reports on 3 other companies: Merlin, Inc. (Oct 2026), GOWell Energy Technology (Oct 2026), Inflection Point Acquisition Corp. V (Sep 2026)
- Bpifrance Participations S.A. also filed stake reports on 4 other companies: Cellectis S.A. (Nov 2026), Constellium SE (May 2026), Valneva SE (May 2026)
- Temasek Holdings (Private) Limited also filed stake reports on 8 other companies: Flywire Corporation (Jul 2026), Amber International Holding Limited (Jun 2026), Luckin Coffee Inc. (May 2026)
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Quantonation I | 21,924,691 | 0 | 21,924,691 | 0 | SCHEDULE 13G, 2026-10-07 |
| Quantonation Co-Investment SPV I, LLC | 322,853 | 0 | 322,853 | 0 | SCHEDULE 13G, 2026-10-07 |
| FPCI Quantonation Co-Investment SPV II | 2,200,858 | 0 | 2,200,858 | 0 | SCHEDULE 13G, 2026-10-07 |
| Quantonation Ventures SAS | 24,448,402 | 0 | 24,448,402 | 0 | SCHEDULE 13G, 2026-10-07 |
| Bpifrance Participations S.A. | 0 | 24,480,841 | 0 | 24,480,841 | SCHEDULE 13D, 2026-09-03 |
| Bpifrance Investissement SAS | 0 | 24,480,841 | 0 | 24,480,841 | SCHEDULE 13D, 2026-09-03 |
| Caisse des Depots | 0 | 24,480,841 | 0 | 24,480,841 | SCHEDULE 13D, 2026-09-03 |
| EPIC Bpifrance | 0 | 24,480,841 | 0 | 24,480,841 | SCHEDULE 13D, 2026-09-03 |
| Bpifrance S.A. | 0 | 24,480,841 | 0 | 24,480,841 | SCHEDULE 13D, 2026-09-03 |
| Inflection Point Fund I, LP | 0 | 15,890,625 | 0 | 15,890,625 | SCHEDULE 13G, 2026-09-04 |
| Inflection Point GP I LLC | 0 | 15,890,625 | 0 | 15,890,625 | SCHEDULE 13G, 2026-09-04 |
| Inflection Point Asset Management LLC | 0 | 15,890,625 | 0 | 15,890,625 | SCHEDULE 13G, 2026-09-04 |
| Investiqo SAS | 12,382,286 | 0 | 12,382,286 | 0 | SCHEDULE 13G, 2026-10-07 |
| Temasek Holdings (Private) Limited | 0 | 11,873,655 | 0 | 11,873,655 | SCHEDULE 13G, 2026-10-16 |
The latest filing identifies Pasqal Holding SA by CUSIP F70289107 and gives its principal executive office as 24, rue Emile Baudot, Palaiseau (SCHEDULE 13G, 2026-10-16).
What the percentages are based on
See the response to row 11 of the cover page of each Reporting Person.Inflection Point Fund I, LP, SCHEDULE 13G, 2026-09-04
5.6% The percentage above is based on 212,293,691 ordinary shares of the Issuer outstanding as of September 1, 2026, as set forth in the Issuer's prospectus on Form 424B3 filed with the Securities and Exchange Commission on October 7, 2026.Temasek Holdings (Private) Limited, SCHEDULE 13G, 2026-10-16
Source of funds (Item 3)
The information set forth in or incorporated by reference in Item 4 of this Schedule 13D is hereby incorporated by reference in its entirety into this Item 3. At the closing of the Merger (as defined below), FPS Fonds Innovation Defense received 15,936,582 Ordinary Shares and FPS Bpifrance Innovation I, Compartiment B Large Venture 2 received 6,200,510 Ordinary Shares.Bpifrance Participations S.A., SCHEDULE 13D, 2026-09-03
Purpose of Transaction (Item 4)
Bpifrance Participations S.A.
The information set forth in or incorporated by reference in Item 3 and Item 6 of this Schedule 13D is hereby incorporated by reference in its entirety into this Item 4. The Reporting Persons acquired the Ordinary Shares pursuant to the transactions contemplated by that certain Agreement and Plan of Merger, dated February 28, 2026 (as amended, restated, supplemented or otherwise modified from time to time, the "Business Combination Agreement") by and among Bleichroeder, Merger Sub, and Pasqal Holding SAS, a French societe par actions simplifiee (the "Legacy Pasqal"), the additional agreements contemplated therein, and the transactions contemplated therein and thereby, including the Reincorporation Merger (as defined below) and the Merger (as defined below) (the "Business Combination"). Pursuant to the Business Combination, (i) Bleichroeder merged with and into Merger Sub (the "Reincorporation Merger"), with Merger Sub continuing as the surviving company (the "Bleichroeder Surviving Corporation"), and (ii) promptly after the Reincorporation Merger and in accordance with applicable French laws, Legacy Pasqal merged with and into Bleichroeder Surviving Corporation (the "Merger" and, together with the Reincorporation Merger, the "Mergers"), with Bleichroeder Surviving Corporation continuing as the surviving company and changed its name to "Pasqal Holding SA" ("New Pasqal" or "Issuer"). Pursuant to the Merger, among other things, each issued and outstanding (i) "Class Seed" …The first part of Item 4 of the SCHEDULE 13D filed 2026-09-03; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2026-09-03 | Bpifrance Participations S.A. | 11.4% | SCHEDULE 13D |
| 2026-09-04 | Inflection Point Fund I, LP | 7% | SCHEDULE 13G |
| 2026-10-07 | Quantonation Ventures SAS | 11.5% | SCHEDULE 13G |
| 2026-10-07 | Investiqo SAS | 5.8% | SCHEDULE 13G |
| 2026-10-16 | Temasek Holdings (Private) Limited | 5.6% | SCHEDULE 13G |
Questions about who owns Pasqal Holding SA
Who owns Pasqal Holding SA?
On this page, 5 holders' latest ownership filings report 5% or more of Pasqal Holding SA: Quantonation Ventures SAS (11.5%, Schedule 13G, filed 2026-10-07), Bpifrance Participations S.A. (11.4%, Schedule 13D, filed 2026-09-03), Inflection Point Fund I, LP (7%, Schedule 13G, filed 2026-09-04), Investiqo SAS (5.8%, Schedule 13G, filed 2026-10-07) and Temasek Holdings (Private) Limited (5.6%, Schedule 13G, filed 2026-10-16).
Who are the largest shareholders of Pasqal Holding SA?
By the share each holder's latest filing reports, the largest holders of Pasqal Holding SA on this page are Quantonation Ventures SAS (11.5%), Bpifrance Participations S.A. (11.4%) and Inflection Point Fund I, LP (7%).
When did Quantonation Ventures SAS buy into Pasqal Holding SA?
The filings give report dates, not purchase dates. The earliest filing from Quantonation Ventures SAS on this page is the Schedule 13G, filed 2026-10-07, reporting 11.5%.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 5 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.