Trailblazer Merger Corp.-RTSTBMCRPreferred / convertible

13F holders, Q1 2025 (March 31)
20holders +1
1new positions
0sold out
1famous investor
$0.25avg. 13F price*

At the end of Q1 2025, 20 institutions reported holding Trailblazer Merger Corp.-RTS (TBMCR) in their 13F filings, up 1 from Q4 2024. 1 opened new positions and 0 sold out. The largest holders were Highbridge Capital Management LLC ($437K), Harraden Circle Investments, LLC ($214K) and AQR Arbitrage LLC ($135K). One famous investor held it David E. Shaw ( of D. E. Shaw & Co.'s portfolio).

Company
Trailblazer Merger Corp.-RTS
CUSIP
89278D125
Latest filing quarter
Q4 2025

History

Number of 13F holders

0510152025 Q1 2024: 24Q1 2024Q2 2024: 23Q2 2024Q3 2024: 22Q3 2024Q4 2024: 19Q4 2024Q1 2025: 20Q1 2025Q2 2025: 17Q2 2025Q3 2025: 18Q3 2025Q4 2025: 17Q4 2025

Total Exit/New Position Q4 2024 → Q1 2025

InstitutionsTotal Value
New Positions1$34K
Exits0$0

All 13F filers, Q4 2024 → Q1 2025: 190,735 shares bought and 156,018 shares sold, net +34,717 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 20 holders

Highbridge Capital Management LLC — Add +3.5% 1,630,968 $437K
Harraden Circle Investments, LLC — Reduce -5.5% 857,046 $214K
AQR Arbitrage LLC — No change 538,763 $135K
Atw Spac Management LLC — No change 336,600 $84K
Boothbay Fund Management, LLC — No change 336,600 $79K
Caas Capital Management LP — No change 170,000 $43K
Clear Street LLC — No change 147,000 $37K
Rivernorth Capital Management, LLC — No change 161,088 $35K
Gabelli Funds LLC — No change 139,050 $35K
Toronto Dominion Bank — New 135,500 $34K
Heights Capital Management, Inc. — No change 130,000 $33K
Schechter Investment Advisors, LLC — Reduce -12.6% 132,100 $29K
GABELLI & Co INVESTMENT ADVISERS, INC. — No change 110,950 $28K
Verition Fund Management LLC — Reduce -18.8% 102,211 $27K
Yakira Capital Management, Inc. — Reduce -34.7% 94,118 $22K
Bulldog Investors, LLP — Reduce -11.2% 90,651 $20K
Wealthspring Capital LLC — Reduce -2.3% 86,200 $19K
D. E. Shaw & Co. — No change 50,000 $13K
TrueMark Investments, LLC — No change 19,088 $4K
Bank of America Corp. — No change 400 $88

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