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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, Q2 2024

Institutional positions in Trailblazer Merger Corp I as of Jun 30, 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
37
+1 vs. Q1 2024
Shares held
6.12M
−177.3K (−2.8%) vs. Q1 2024
Total value
$66.1M
−$673.8K (−1.0%) vs. Q1 2024
New holders
5
8 more added
Sold out
4
8 more reduced

Compare with Q1 2024: 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 holdersQ2 2024: 37 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 heldQ2 2024: $66.1M
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, Q2 2024

Shares, value and share of portfolio for each institution holding Trailblazer Merger Corp I; share changes are against Q1 2024.

Institutions holding TBMC in Q2 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Berkley W R Corp825,785$8.91M0.50%+665,743+416.0%Added
CNH Partners LLC588,763$6.35M0.16%00.0%Unchanged
Cowen and Company, LLC471,724$5.10M0.14%+101,443+27.4%Added
Boothbay Fund Management, LLC336,600$3.64M0.12%00.0%Unchanged
Atw Spac Management LLC336,600$3.64M4.45%00.0%Unchanged
Schechter Investment Advisors, LLC333,875$3.61M0.27%−97,396−22.6%Reduced
Yakira Capital Management, Inc.278,848$3.01M1.19%−402−0.1%Reduced
Karpus Management, Inc.266,285$2.88M0.08%+6,640+2.6%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys258,696$2.80M0.02%00.0%Unchanged
Crossingbridge Advisors, LLC245,500$2.65M1.57%−1000.0%Reduced
Verition Fund Management LLC236,706$2.55M0.02%+7,701+3.4%Added
Wealthspring Capital LLC179,074$1.93M2.25%−1,496−0.8%Reduced
Bulldog Investors, LLP171,730$1.86M0.69%−89,394−34.2%Reduced
Rivernorth Capital Management, LLC161,088$1.74M0.08%00.0%Unchanged
Two Sigma Investments, LP150,000$1.62M0.00%00.0%Unchanged
Gabelli Funds LLC139,050$1.50M0.01%00.0%Unchanged
CVI Holdings, LLC130,000$1.40M1.21%00.0%Unchanged
Walleye Capital LLC115,200$1.24M0.01%00.0%Unchanged
Gabelli & Co Investment Advisers, Inc.110,950$1.20M0.20%00.0%Unchanged
Deltec Asset Management LLC110,000$1.19M0.23%00.0%Unchanged
Mizuho Securities USA LLC102,203$1.10M0.02%+70,255+219.9%Added
Kim, LLC100,000$1.08M0.12%−200,000−66.7%Reduced
Meteora Capital, LLC80,000$864.4K0.16%00.0%Unchanged
Hudson Bay Capital Management LP76,000$820.0K0.01%+76,000New
Glazer Capital, LLC65,867$712.0K0.06%−75,006−53.2%Reduced
Walleye Trading LLC64,800$700.1K0.01%00.0%Unchanged
D. E. Shaw & Co., Inc.50,000$539.5K0.00%00.0%Unchanged
Warberg Asset Management LLC43,736$472.5K0.13%+9,502+27.8%Added
TrueMark Investments, LLC19,088$206.0K0.07%00.0%Unchanged
Susquehanna International Group, LLP18,088$195.2K0.00%+5,309+41.5%Added
Robinson Capital Management, LLC15,791$170.6K0.06%−19,589−55.4%Reduced
Condor Capital Management11,412$123.3K0.01%00.0%Unchanged
Virtu Financial LLC10,541$114.0K0.01%+10,541New
Clear Street LLC5,519$59.6K0.00%+5,512+78,742.9%Added
Quarry LP5,301$57.3K0.02%+5,301New
UBS Group AG1,794$19.4K0.00%+1,794New
Tower Research Capital LLC (TRC)93$1.00K0.00%+93New
Exos Asset Management LLC0$00.00%−301,322−100.0%Sold out
Caas Capital Management LP0$00.00%−170,000−100.0%Sold out
HGC Investment Management Inc.0$00.00%−165,000−100.0%Sold out
Toroso Investments, LLC0$00.00%−23,380−100.0%Sold out