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 2025
Institutional positions in Trailblazer Merger Corp I as of Jun 30, 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
- 15
- −1 vs. Q1 2025
- Shares held
- 1.92M
- −315.5K (−14.1%) vs. Q1 2025
- Total value
- $22.5M
- −$2.69M (−10.7%) vs. Q1 2025
- New holders
- 3
- 2 more added
- Sold out
- 4
- 6 more reduced
1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Trailblazer Merger Corp I; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| CNH Partners LLC | 437,674 | $5.13M | 0.12% | 00.0% | Unchanged |
| Harraden Circle Investments, LLC | 217,972 | $2.55M | 0.66% | 00.0% | Unchanged |
| Berkley W R Corp | 205,817 | $2.41M | 0.15% | 00.0% | Unchanged |
| Toronto Dominion Bank | 173,786 | $2.04M | 0.00% | −74,214−29.9% | Reduced |
| Rivernorth Capital Management, LLC | 161,088 | $1.89M | 0.10% | 00.0% | Unchanged |
| Clear Street LLC | 137,144 | $1.61M | 0.01% | +114,426+503.7% | Added |
| Boothbay Fund Management, LLC | 133,434 | $1.56M | 0.05% | −89,566−40.2% | Reduced |
| Atw Spac Management LLC | 133,434 | $1.56M | 2.39% | −89,566−40.2% | Reduced |
| Mizuho Securities USA LLC | 134,330 | $1.54M | 0.03% | +134,330 | New |
| Wolverine Asset Management LLC | 72,690 | $851.2K | 0.01% | −73,569−50.3% | Reduced |
| Glazer Capital, LLC | 47,600 | $557.0K | 0.02% | −1,832−3.7% | Reduced |
| Shay Capital LLC | 47,558 | $556.9K | 0.13% | +47,558 | New |
| Citadel Advisors LLC | 11,182 | $130.9K | 0.00% | +11,182 | New |
| UBS Group AG | 9,056 | $106.0K | 0.00% | +8,359+1,199.3% | Added |
| Morgan Stanley | 12 | $141 | 0.00% | −2−14.3% | Reduced |
| Karpus Management, Inc. | 0 | $0 | 0.00% | −237,890−100.0% | Sold out |
| Meteora Capital, LLC | 0 | $0 | 0.00% | −30,000−100.0% | Sold out |
| TrueMark Investments, LLC | 0 | $0 | 0.00% | −19,088−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −15,662−100.0% | Sold out |
| Mizuho Securities USA LLC | – | – | – | – | Not filed |