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, Q4 2024
Institutional positions in Trailblazer Merger Corp I as of Dec 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
- 16
- −13 vs. Q3 2024
- Shares held
- 2.32M
- −2.32M (−50.0%) vs. Q3 2024
- Total value
- $25.8M
- −$25.2M (−49.4%) vs. Q3 2024
- New holders
- 4
- 2 more added
- Sold out
- 17
- 7 more reduced
Compare with Q3 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.
| 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, Q4 2024
Shares, value and share of portfolio for each institution holding Trailblazer Merger Corp I; share changes are against Q3 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| CNH Partners LLC | 437,674 | $4.86M | 0.12% | −241,089−35.5% | Reduced |
| Karpus Management, Inc. | 246,490 | $2.74M | 0.08% | −10,945−4.3% | Reduced |
| Toronto Dominion Bank | 240,000 | $2.67M | 0.01% | +240,000 | New |
| Atw Spac Management LLC | 223,000 | $2.48M | 3.36% | −113,600−33.7% | Reduced |
| Boothbay Fund Management, LLC | 223,000 | $2.48M | 0.08% | +223,000 | New |
| Harraden Circle Investments, LLC | 217,972 | $2.43M | 1.93% | +217,972 | New |
| Berkley W R Corp | 205,817 | $2.29M | 0.13% | −238,958−53.7% | Reduced |
| Rivernorth Capital Management, LLC | 161,088 | $1.79M | 0.09% | 00.0% | Unchanged |
| Wolverine Asset Management LLC | 131,408 | $1.46M | 0.03% | +131,008+32,752.0% | Added |
| Mizuho Securities USA LLC | 82,165 | $903.8K | 0.02% | +82,165 | New |
| Meteora Capital, LLC | 63,866 | $709.6K | 0.25% | −6,134−8.8% | Reduced |
| Glazer Capital, LLC | 52,432 | $583.0K | 0.04% | −9,516−15.4% | Reduced |
| TrueMark Investments, LLC | 19,088 | $212.3K | 0.07% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 16,519 | $183.9K | 0.00% | −1,953−10.6% | Reduced |
| UBS Group AG | 1,717 | $19.1K | 0.00% | +1,346+362.8% | Added |
| Tower Research Capital LLC (TRC) | 93 | $1.03K | 0.00% | 00.0% | Unchanged |
| Yakira Capital Management, Inc. | 0 | $0 | 0.00% | −278,848−100.0% | Sold out |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 0 | $0 | 0.00% | −258,696−100.0% | Sold out |
| Clear Street LLC | 0 | $0 | 0.00% | −252,138−100.0% | Sold out |
| Cowen and Company, LLC | 0 | $0 | 0.00% | −250,000−100.0% | Sold out |
| Crossingbridge Advisors, LLC | 0 | $0 | 0.00% | −242,540−100.0% | Sold out |
| Schechter Investment Advisors, LLC | 0 | $0 | 0.00% | −233,799−100.0% | Sold out |
| Bulldog Investors, LLP | 0 | $0 | 0.00% | −197,724−100.0% | Sold out |
| Wealthspring Capital LLC | 0 | $0 | 0.00% | −175,264−100.0% | Sold out |
| Two Sigma Investments, LP | 0 | $0 | 0.00% | −150,000−100.0% | Sold out |
| Gabelli Funds LLC | 0 | $0 | 0.00% | −139,050−100.0% | Sold out |
| Gabelli & Co Investment Advisers, Inc. | 0 | $0 | 0.00% | −110,950−100.0% | Sold out |
| Deltec Asset Management LLC | 0 | $0 | 0.00% | −110,000−100.0% | Sold out |
| Hudson Bay Capital Management LP | 0 | $0 | 0.00% | −76,000−100.0% | Sold out |
| D. E. Shaw & Co., Inc. | 0 | $0 | 0.00% | −50,000−100.0% | Sold out |
| Mangrove Partners | 0 | $0 | 0.00% | −45,600−100.0% | Sold out |
| Robinson Capital Management, LLC | 0 | $0 | 0.00% | −13,911−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −8,011−100.0% | Sold out |