We demonstrate the active suppression of transmon qubit dephasing induced by dispersive measurement, using parametric amplification and analog feedback. By real-time processing of the homodyne record, the feedback controller reverts the stochastic qu
antum phase kick imparted by the measurement on the qubit. The feedback operation matches a model of quantum trajectories with measurement efficiency $tilde{eta} approx 0.5$, consistent with the result obtained by postselection. We overcome the bandwidth limitations of the amplification chain by numerically optimizing the signal processing in the feedback loop and provide a theoretical model explaining the optimization result.
