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.
Q2 2025 vs. Q1 2025
How the institutions holding Trailblazer Merger Corp I changed between Q1 2025 and Q2 2025.
All holders in Q2 2025All holders in Q1 2025
| Measure | Q1 2025 | Of which not filed for Q2 2025 | Q2 2025 | Change |
|---|---|---|---|---|
| Holders | 17 | 1 | 15 | −1 |
| Shares | 2.32M | 83.4K | 1.92M | −315.5K (−14.1%) |
| Value | $26.1M | $933.7K | $22.5M | −$2.69M (−10.7%) |
1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so the changes leave them out.
New holders (3)
Institutions that held Trailblazer Merger Corp I at the end of Q2 2025 but not at the end of Q1 2025.
| Institution | Shares | Value | % of portfolio |
|---|---|---|---|
| Mizuho Securities USA LLC | 134,330 | $1.54M | 0.03% |
| Shay Capital LLC | 47,558 | $556.9K | 0.13% |
| Citadel Advisors LLC | 11,182 | $130.9K | 0.00% |
Sold out (4)
Institutions that held Trailblazer Merger Corp I at the end of Q1 2025 and filed for Q2 2025 without it.
| Institution | Shares, Q1 2025 | Value, Q1 2025 |
|---|---|---|
| Karpus Management, Inc. | 237,890 | $2.68M |
| Meteora Capital, LLC | 30,000 | $337.8K |
| TrueMark Investments, LLC | 19,088 | $214.9K |
| Susquehanna International Group, LLP | 15,662 | $176.4K |
Not filed for Q2 2025 yet (1)
Institutions that held Trailblazer Merger Corp I at the end of Q1 2025 and haven't filed a 13F for Q2 2025. Not filing isn't selling, so they aren't counted as sold out.
| Institution | Shares, Q1 2025 | Value, Q1 2025 |
|---|---|---|
| Mizuho Securities USA LLC | 83,366 | $933.7K |