Trailblazer Merger Corp. ITBMC

13F holders, Q1 2025 (March 31)
17holders +1
2new positions
1sold out
$11.25avg. 13F price*

At the end of Q1 2025, 17 institutions reported holding Trailblazer Merger Corp. I (TBMC) in their 13F filings, up 1 from Q4 2024. 2 opened new positions and 1 sold out. The largest holders were AQR Arbitrage LLC ($4.9M), Toronto Dominion Bank ($2.8M) and Karpus Management, Inc. ($2.7M).

Company
Trailblazer Merger Corp. I
CUSIP
89278D109
Latest filing quarter
Q4 2025

History

Number of 13F holders

010203040 Q1 2024: 36Q1 2024Q2 2024: 37Q2 2024Q3 2024: 29Q3 2024Q4 2024: 16Q4 2024Q1 2025: 17Q1 2025Q2 2025: 15Q2 2025Q3 2025: 12Q3 2025Q4 2025: 6Q4 2025

Total Exit/New Position Q4 2024 → Q1 2025

InstitutionsTotal Value
New Positions2$227K
Exits1$1K

All 13F filers, Q4 2024 → Q1 2025: 46,784 shares bought and 47,436 shares sold, net −652 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 17 holders

AQR Arbitrage LLC 0.21% No change 437,674 $4.9M
Toronto Dominion Bank 0.01% Add +3.3% 248,000 $2.8M
Karpus Management, Inc. 0.09% Reduce -3.5% 237,890 $2.7M
Boothbay Fund Management, LLC 0.09% No change 223,000 $2.5M
Atw Spac Management LLC 4.38% No change 223,000 $2.5M
Harraden Circle Investments, LLC 1.20% No change 217,972 $2.5M
Berkley W R Corp. 0.17% No change 205,817 $2.3M
Rivernorth Capital Management, LLC 0.10% No change 161,088 $1.8M
Wolverine Asset Management LLC 0.12% Add +11.3% 146,259 $1.6M
Mizuho Securities USA LLC 0.02% Add +1.5% 83,366 $934K
Glazer Capital, LLC 0.03% Reduce -5.7% 49,432 $557K
Meteora Capital, LLC 0.13% Reduce -53.0% 30,000 $338K
Clear Street LLC 0.00% New 22,718 $227K
TrueMark Investments, LLC 0.06% No change 19,088 $215K
Susquehanna International Group, LLP 0.00% Reduce -5.2% 15,662 $176K
UBS Group AG 0.00% Reduce -59.4% 697 $8K
Morgan Stanley 0.00% New 14 $158

"% of holder's portfolio" is TBMC's weight in each manager's 13F, not the share of Trailblazer Merger Corp. I the manager owns.