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Trailblazer Acquisition Corp.

BLZRU
Exchange
Nasdaq
Industry
Blank Checks
SEC CIK
0002075310

No open-market purchases or sales by Trailblazer Acquisition Corp. insiders were filed in the last 90 days; 19 institutions reported holding it in 13F filings for Q2 2026, worth $25.1M in total; no superinvestor holds it.

Other share classesBLZRBLZRW

13F holders, Q4 2025

Institutional positions in Trailblazer Acquisition Corp. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
31
−42 vs. Q3 2025
Shares held
5.23M
−19.6M (−78.9%) vs. Q3 2025
Total value
$53.6M
−$200.1M (−78.9%) vs. Q3 2025
New holders
5
3 more added
Sold out
47
10 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BLZRU on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 31 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 0 institutionsQ4 2024: 0 institutionsQ1 2025: 0 institutionsQ2 2025: 0 institutionsQ3 2025: 73 institutionsQ4 2025: 31 institutionsQ1 2026: 21 institutionsQ2 2026: 19 institutions
Value heldQ4 2025: $53.6M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $253.7MQ4 2025: $53.6MQ1 2026: $28.8MQ2 2026: $25.1M
Institutions holding BLZRU and their total value by quarter
QuarterHoldersValue
Q2 202619$25.1M
Q1 202621$28.8M
Q4 202531$53.6M
Q3 202573$253.7M
Q2 20250$0
Q1 20250$0
Q4 20240$0
Q3 20240$0
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Trailblazer Acquisition Corp.; share changes are against Q3 2025.

Institutions holding BLZRU in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
LMR Partners LLP1,000,000$10.3M0.10%00.0%Unchanged
Steadfast Capital Management LP700,000$7.17M0.13%00.0%Unchanged
HGC Investment Management Inc.550,000$5.64M1.20%00.0%Unchanged
Alberta Investment Management Corp500,000$5.11M0.03%00.0%Unchanged
Jain Global LLC499,699$5.11M0.05%−200,301−28.6%Reduced
Rivernorth Capital Management, LLC400,000$4.10M0.19%00.0%Unchanged
Toronto Dominion Bank334,000$3.42M0.01%+106,659+46.9%Added
Clear Street Group Inc.246,870$2.53M0.01%−143,076−36.7%Reduced
Millennium Management LLC200,703$2.06M0.00%−249,297−55.4%Reduced
Schonfeld Strategic Advisors LLC176,061$1.80M0.01%−28,690−14.0%Reduced
Glazer Capital, LLC123,581$1.27M0.03%−1,419−1.1%Reduced
Heights Capital Management, Inc113,373$1.16M0.44%−86,327−43.2%Reduced
Omers Administration Corp100,000$1.02M0.01%00.0%Unchanged
Readystate Asset Management LP79,344$810.9K0.04%+64,344+429.0%Added
HRT Financial LP49,001$500.0K0.00%−2,098−4.1%Reduced
Omni Event Management Ltd25,437$260.7K0.02%+437+1.7%Added
Syquant Capital SAS25,000$256.0K0.03%00.0%Unchanged
Lineage Point Capital LP20,000$205.0K0.08%+20,000New
Susquehanna International Group, LLP15,795$161.4K0.00%+15,795New
Gabelli & Co Investment Advisers, Inc.13,400$137.3K0.02%00.0%Unchanged
Gabelli Funds LLC11,600$118.9K0.00%00.0%Unchanged
Citadel Advisors LLC10,682$109.2K0.00%+10,682New
Bulldog Investors, LLP10,000$102.5K0.02%00.0%Unchanged
Calamos Advisors LLC10,000$102.2K0.00%00.0%Unchanged
PenderFund Capital Management Ltd.10,000$102.2K0.02%00.0%Unchanged
FNY Investment Advisers, LLC4,275$43.0K0.01%−525−10.9%Reduced
JPMorgan Chase & Co3,035$31.0K0.00%−887,284−99.7%Reduced
UBS Group AG1,886$19.3K0.00%+1,886New
Morgan Stanley500$5.13K0.00%00.0%Unchanged
Coston, McIsaac & Partners193$1.00K0.00%+193New
Healthcare of Ontario Pension Plan Trust Fund1$100.00%−999,999−100.0%Reduced
Meteora Capital, LLC0$00.00%−1,895,000−100.0%Sold out
Adage Capital Partners GP, L.L.C.0$00.00%−1,200,000−100.0%Sold out
CNH Partners LLC0$00.00%−1,000,000−100.0%Sold out
Magnetar Financial LLC0$00.00%−1,000,000−100.0%Sold out
MMCAP International Inc. SPC0$00.00%−1,000,000−100.0%Sold out
Polar Asset Management Partners Inc.0$00.00%−1,000,000−100.0%Sold out
Tenor Capital Management Co., L.P.0$00.00%−1,000,000−100.0%Sold out
Harraden Circle Investments, LLC0$00.00%−942,237−100.0%Sold out
Two Sigma Investments, LP0$00.00%−869,999−100.0%Sold out
Saba Capital Management, L.P.0$00.00%−786,316−100.0%Sold out
Radcliffe Capital Management, L.P.0$00.00%−512,705−100.0%Sold out
Linden Advisors LP0$00.00%−500,000−100.0%Sold out
Picton Mahoney Asset Management0$00.00%−500,000−100.0%Sold out
Shaolin Capital Management LLC0$00.00%−488,524−100.0%Sold out
Wealthspring Capital LLC0$00.00%−481,900−100.0%Sold out
Ghisallo Capital Management LLC0$00.00%−400,000−100.0%Sold out
Moore Capital Management, LP0$00.00%−400,000−100.0%Sold out
Context Capital Management, LLC0$00.00%−300,000−100.0%Sold out
Ilex Capital Partners (UK) LLP0$00.00%−287,871−100.0%Sold out
Berkley W R Corp0$00.00%−261,008−100.0%Sold out
Hudson Bay Capital Management LP0$00.00%−252,518−100.0%Sold out
Aristeia Capital LLC0$00.00%−250,000−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−200,000−100.0%Sold out
Vivaldi Asset Management, LLC0$00.00%−200,000−100.0%Sold out
Governors Lane LP0$00.00%−150,000−100.0%Sold out
Mizuho Securities USA LLC0$00.00%−120,348−100.0%Sold out
Fifth Lane Capital, LP0$00.00%−100,000−100.0%Sold out
Whitebox Advisors LLC0$00.00%−100,000−100.0%Sold out
Davidson Kempner Capital Management LP0$00.00%−100,000−100.0%Sold out
Periscope Capital Inc.0$00.00%−100,000−100.0%Sold out
Sona Asset Management (US) LLC0$00.00%−100,000−100.0%Sold out
Gritstone Asset Management LLC0$00.00%−100,000−100.0%Sold out
Parallax Volatility Advisers, L.P.0$00.00%−84,281−100.0%Sold out
Quarry LP0$00.00%−75,565−100.0%Sold out
Verition Fund Management LLC0$00.00%−50,055−100.0%Sold out
Sculptor Capital LP0$00.00%−50,000−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−50,000−100.0%Sold out
TIG Advisors, LLC0$00.00%−50,000−100.0%Sold out
DLD Asset Management, LP0$00.00%−50,000−100.0%Sold out
Tuttle Tactical Management0$00.00%−45,000−100.0%Sold out
Highbridge Capital Management LLC0$00.00%−25,000−100.0%Sold out
Centiva Capital, LP0$00.00%−24,999−100.0%Sold out
Mint Tower Capital Management B.V.0$00.00%−25,000−100.0%Sold out
Fort Baker Capital Management LP0$00.00%−25,000−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−10,000−100.0%Sold out
Deltec Asset Management LLC0$00.00%−10,000−100.0%Sold out
Royal Bank of Canada0$00.00%−7,106−100.0%Sold out