Trailblazer Merger Corp.-RTSTBMCRPreferred / convertible

13F holders, Q2 2025 (June 30)
17holders −3
0new positions
2sold out
1famous investor
$0.38avg. 13F price*

At the end of Q2 2025, 17 institutions reported holding Trailblazer Merger Corp.-RTS (TBMCR) in their 13F filings, down 3 from Q1 2025. 0 opened new positions and 2 sold out. The largest holders were Highbridge Capital Management LLC ($612K), Harraden Circle Investments, LLC ($320K) and AQR Arbitrage LLC ($201K). 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 Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions0$0
Exits2$32K

All 13F filers, Q1 2025 → Q2 2025: 139,800 shares bought and 365,413 shares sold, net −225,613 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 17 holders

Highbridge Capital Management LLC — Add +0.6% 1,640,668 $612K
Harraden Circle Investments, LLC — No change 857,046 $320K
AQR Arbitrage LLC — No change 538,763 $201K
Boothbay Fund Management, LLC — No change 336,600 $141K
Atw Spac Management LLC — No change 336,600 $126K
Wealthspring Capital LLC — Add +150.9% 216,300 $83K
Limestone Investment Advisors LP — — 170,000 $63K
Rivernorth Capital Management, LLC — No change 161,088 $62K
Clear Street LLC — Reduce -0.4% 146,400 $55K
Gabelli Funds LLC — No change 139,050 $52K
GABELLI & Co INVESTMENT ADVISERS, INC. — No change 110,950 $41K
Bulldog Investors, LLP — Reduce -13.9% 78,040 $30K
Yakira Capital Management, Inc. — Reduce -21.3% 74,118 $28K
D. E. Shaw & Co. — No change 50,000 $19K
Heights Capital Management, Inc. — Reduce -65.6% 44,697 $17K
Toronto Dominion Bank — Reduce -92.6% 10,000 $4K
Bank of America Corp. — Reduce -25.0% 300 $116

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