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Trailblazer Merger Corp I

TBMCDelisted Mar 27, 2026
Industry
Blank Checks
SEC CIK
0001934945

Trailblazer Merger Corp I was delisted on Mar 27, 2026; its insiders filed their last Form 4 on Oct 15, 2024; 6 institutions reported holding it in 13F filings for Q4 2025, worth $1.74M in total; no superinvestor held it.

13F holders, Q1 2024

Institutional positions in Trailblazer Merger Corp I as of Mar 31, 2024. 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
36
+3 vs. Q4 2023
Shares held
6.29M
+121.4K (+2.0%) vs. Q4 2023
Total value
$66.7M
+$2.18M (+3.4%) vs. Q4 2023
New holders
6
2 more added
Sold out
3
10 more reduced

1 institution that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TBMC 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 holdersQ1 2024: 36 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: 38 institutionsQ3 2023: 34 institutionsQ4 2023: 34 institutionsQ1 2024: 36 institutionsQ2 2024: 37 institutionsQ3 2024: 29 institutionsQ4 2024: 16 institutionsQ1 2025: 17 institutionsQ2 2025: 15 institutionsQ3 2025: 12 institutionsQ4 2025: 6 institutionsQ1 2026: 0 institutionsQ2 2026: 0 institutions
Value heldQ1 2024: $66.7M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $59.0MQ3 2023: $59.2MQ4 2023: $67.7MQ1 2024: $66.7MQ2 2024: $66.1MQ3 2024: $51.1MQ4 2024: $25.8MQ1 2025: $26.1MQ2 2025: $22.5MQ3 2025: $19.8MQ4 2025: $1.74MQ1 2026: $0Q2 2026: $0
Institutions holding TBMC and their total value by quarter
QuarterHoldersValue
Q2 20260$0
Q1 20260$0
Q4 20256$1.74M
Q3 202512$19.8M
Q2 202515$22.5M
Q1 202517$26.1M
Q4 202416$25.8M
Q3 202429$51.1M
Q2 202437$66.1M
Q1 202436$66.7M
Q4 202334$67.7M
Q3 202334$59.2M
Q2 202338$59.0M
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, Q1 2024

Shares, value and share of portfolio for each institution holding Trailblazer Merger Corp I; share changes are against Q4 2023.

Institutions holding TBMC in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
CNH Partners LLC588,763$6.26M0.22%00.0%Unchanged
Schechter Investment Advisors, LLC431,271$4.56M0.34%−20,980−4.6%Reduced
Cowen and Company, LLC370,281$3.92M0.15%−23,953−6.1%Reduced
Boothbay Fund Management, LLC336,600$3.57M0.11%00.0%Unchanged
Atw Spac Management LLC336,600$3.57M4.30%00.0%Unchanged
Kim, LLC300,000$3.19M0.39%−25,000−7.7%Reduced
Exos Asset Management LLC301,322$3.19M1.89%+301,322New
Yakira Capital Management, Inc.279,250$2.96M1.03%00.0%Unchanged
Bulldog Investors, LLP261,124$2.76M0.91%−201,631−43.6%Reduced
Karpus Management, Inc.259,645$2.75M0.08%+126,895+95.6%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys258,696$2.74M0.02%00.0%Unchanged
Crossingbridge Advisors, LLC245,600$2.61M1.97%+245,600New
Verition Fund Management LLC229,005$2.43M0.02%00.0%Unchanged
Wealthspring Capital LLC180,570$1.91M2.26%−11,560−6.0%Reduced
Caas Capital Management LP170,000$1.80M0.77%00.0%Unchanged
HGC Investment Management Inc.165,000$1.75M0.62%00.0%Unchanged
Rivernorth Capital Management, LLC161,088$1.70M0.08%−2,934−1.8%Reduced
Berkley W R Corp160,042$1.70M0.11%+160,042New
Two Sigma Investments, LP150,000$1.59M0.00%00.0%Unchanged
Glazer Capital, LLC140,873$1.49M0.16%−5,114−3.5%Reduced
Gabelli Funds LLC139,050$1.47M0.01%00.0%Unchanged
CVI Holdings, LLC130,000$1.38M1.30%00.0%Unchanged
Walleye Capital LLC115,200$1.22M0.01%00.0%Unchanged
Gabelli & Co Investment Advisers, Inc.110,950$1.18M0.20%00.0%Unchanged
Deltec Asset Management LLC110,000$1.16M0.23%00.0%Unchanged
Meteora Capital, LLC80,000$846.4K0.14%00.0%Unchanged
Walleye Trading LLC64,800$686.7K0.01%00.0%Unchanged
D. E. Shaw & Co., Inc.50,000$531.5K0.00%00.0%Unchanged
Robinson Capital Management, LLC35,380$380.3K0.14%−3,278−8.5%Reduced
Warberg Asset Management LLC34,234$363.1K0.09%+11,357+49.6%Added
Mizuho Securities USA LLC31,948$336.4K0.01%+31,948New
Toroso Investments, LLC23,380$248.5K0.00%−3,278−12.3%Reduced
TrueMark Investments, LLC19,088$202.9K0.19%−2,934−13.3%Reduced
Susquehanna International Group, LLP12,779$135.8K0.00%+12,779New
Condor Capital Management11,412$120.7K0.01%00.0%Unchanged
Clear Street LLC7$740.00%+7New
Mangrove Partners0$00.00%−317,868−100.0%Sold out
Cohanzick Management, LLC0$00.00%−125,000−100.0%Sold out
Captrust Financial Advisors0$00.00%−24,980−100.0%Sold out
Exos TFP Holdings LLC––––Not filed