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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 0 | $0 |
| Q1 2026 | 0 | $0 |
| Q4 2025 | 6 | $1.74M |
| Q3 2025 | 12 | $19.8M |
| Q2 2025 | 15 | $22.5M |
| Q1 2025 | 17 | $26.1M |
| Q4 2024 | 16 | $25.8M |
| Q3 2024 | 29 | $51.1M |
| Q2 2024 | 37 | $66.1M |
| Q1 2024 | 36 | $66.7M |
| Q4 2023 | 34 | $67.7M |
| Q3 2023 | 34 | $59.2M |
| Q2 2023 | 38 | $59.0M |
| Q1 2023 | 0 | $0 |
| Q4 2022 | 0 | $0 |
| Q3 2022 | 0 | $0 |
| Q2 2022 | 0 | $0 |
| Q1 2022 | 0 | $0 |
| Q4 2021 | 0 | $0 |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q1 2024
Shares, value and share of portfolio for each institution holding Trailblazer Merger Corp I; share changes are against Q4 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Clear Street LLC | 7 | $74 | 0.00% | +7 | New |
| Condor Capital Management | 11,412 | $120.7K | 0.01% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 12,779 | $135.8K | 0.00% | +12,779 | New |
| TrueMark Investments, LLC | 19,088 | $202.9K | 0.19% | −2,934−13.3% | Reduced |
| Toroso Investments, LLC | 23,380 | $248.5K | 0.00% | −3,278−12.3% | Reduced |
| Mizuho Securities USA LLC | 31,948 | $336.4K | 0.01% | +31,948 | New |
| Warberg Asset Management LLC | 34,234 | $363.1K | 0.09% | +11,357+49.6% | Added |
| Robinson Capital Management, LLC | 35,380 | $380.3K | 0.14% | −3,278−8.5% | Reduced |
| D. E. Shaw & Co., Inc. | 50,000 | $531.5K | 0.00% | 00.0% | Unchanged |
| Walleye Trading LLC | 64,800 | $686.7K | 0.01% | 00.0% | Unchanged |
| Meteora Capital, LLC | 80,000 | $846.4K | 0.14% | 00.0% | Unchanged |
| Deltec Asset Management LLC | 110,000 | $1.16M | 0.23% | 00.0% | Unchanged |
| Gabelli & Co Investment Advisers, Inc. | 110,950 | $1.18M | 0.20% | 00.0% | Unchanged |
| Walleye Capital LLC | 115,200 | $1.22M | 0.01% | 00.0% | Unchanged |
| CVI Holdings, LLC | 130,000 | $1.38M | 1.30% | 00.0% | Unchanged |
| Gabelli Funds LLC | 139,050 | $1.47M | 0.01% | 00.0% | Unchanged |
| Glazer Capital, LLC | 140,873 | $1.49M | 0.16% | −5,114−3.5% | Reduced |
| Two Sigma Investments, LP | 150,000 | $1.59M | 0.00% | 00.0% | Unchanged |
| Berkley W R Corp | 160,042 | $1.70M | 0.11% | +160,042 | New |
| Rivernorth Capital Management, LLC | 161,088 | $1.70M | 0.08% | −2,934−1.8% | Reduced |
| HGC Investment Management Inc. | 165,000 | $1.75M | 0.62% | 00.0% | Unchanged |
| Caas Capital Management LP | 170,000 | $1.80M | 0.77% | 00.0% | Unchanged |
| Wealthspring Capital LLC | 180,570 | $1.91M | 2.26% | −11,560−6.0% | Reduced |
| Verition Fund Management LLC | 229,005 | $2.43M | 0.02% | 00.0% | Unchanged |
| Crossingbridge Advisors, LLC | 245,600 | $2.61M | 1.97% | +245,600 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 258,696 | $2.74M | 0.02% | 00.0% | Unchanged |
| Karpus Management, Inc. | 259,645 | $2.75M | 0.08% | +126,895+95.6% | Added |
| Bulldog Investors, LLP | 261,124 | $2.76M | 0.91% | −201,631−43.6% | Reduced |
| Yakira Capital Management, Inc. | 279,250 | $2.96M | 1.03% | 00.0% | Unchanged |
| Exos Asset Management LLC | 301,322 | $3.19M | 1.89% | +301,322 | New |
| Kim, LLC | 300,000 | $3.19M | 0.39% | −25,000−7.7% | Reduced |
| Atw Spac Management LLC | 336,600 | $3.57M | 4.30% | 00.0% | Unchanged |
| Boothbay Fund Management, LLC | 336,600 | $3.57M | 0.11% | 00.0% | Unchanged |
| Cowen and Company, LLC | 370,281 | $3.92M | 0.15% | −23,953−6.1% | Reduced |
| Schechter Investment Advisors, LLC | 431,271 | $4.56M | 0.34% | −20,980−4.6% | Reduced |
| CNH Partners LLC | 588,763 | $6.26M | 0.22% | 00.0% | Unchanged |
| Mangrove Partners | 0 | $0 | 0.00% | −317,868−100.0% | Sold out |
| Cohanzick Management, LLC | 0 | $0 | 0.00% | −125,000−100.0% | Sold out |
| Captrust Financial Advisors | 0 | $0 | 0.00% | −24,980−100.0% | Sold out |
| Exos TFP Holdings LLC | – | – | – | – | Not filed |