ATW SPAC Management’s Trailblazer Merger Corp I TBMC Stock Holding History

ATW SPAC Management’s Portfolio TBMC Stock Details TBMC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	$1.56M	Hold	133,434	–	–	1.97%	13
2025 Q2	$1.56M	Sell	133,434 -89,566	-40%	-$1.05M	2.39%	13
2025 Q1	$2.51M	Hold	223,000	–	–	4.19%	11
2024 Q4	$2.48M	Sell	223,000 -113,600	-34%	-$1.26M	3.36%	14
2024 Q3	$3.7M	Hold	336,600	–	–	3.88%	9
2024 Q2	$3.64M	Hold	336,600	–	–	4.32%	7
2024 Q1	$3.57M	Hold	336,600	–	–	4.24%	7
2023 Q4	$3.52M	Hold	336,600	–	–	5.03%	5
2023 Q3	$3.48M	Hold	336,600	–	–	4.95%	6
2023 Q2	$3.43M	Buy	+336,600	New	+$3.41M	2.44%	17

Other funds holding TBMC

AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return

HCI

Harraden Circle Investments New York $499M AUM 24.03% 1-Year Est. Return

WRBC

W.R. Berkley Corp Greenwich, Connecticut $1.86B AUM 14.44% 1-Year Est. Return

Clear Street New York $24.6B AUM 56.26% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return

Shay Capital New York $1.2B AUM 37.47% 1-Year Est. Return

BFM

Boothbay Fund Management New York $7.71B AUM 106.31% 1-Year Est. Return

GCL

Glazer Capital LLC New York $4.71B AUM 81.93% 1-Year Est. Return

TrueMark Investments Chicago, Illinois $514M AUM 18.06% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

ATW SPAC Management's TBMC Position: Q3 2025 in Review

ATW SPAC Management held its Trailblazer Merger Corp I (TBMC) position steady in Q3 2025 at 133,434 shares worth $1.56M. The position accounts for 1.97% of the portfolio, ranked #13.

ATW SPAC Management first reported a position in TBMC in Q2 2023 and has held it in 10 quarters since. The position peaked at $3.7M in Q3 2024. 12 funds tracked by Wall St. Rank hold TBMC as of Q3 2025.

ATW SPAC Management held 133,434 shares of Trailblazer Merger Corp I worth $1.56M as of Q3 2025.
ATW SPAC Management left its Trailblazer Merger Corp I share count unchanged in Q3 2025.
Trailblazer Merger Corp I made up 1.97% of ATW SPAC Management's portfolio in Q3 2025, its #13 holding.
ATW SPAC Management first reported a position in Trailblazer Merger Corp I in Q2 2023 and has held it in 10 quarters since.
ATW SPAC Management's Trailblazer Merger Corp I position peaked at $3.7M in Q3 2024.
12 funds tracked by Wall St. Rank held Trailblazer Merger Corp I as of Q3 2025.

Based on ATW SPAC Management's 13F filing for Q3 2025, filed 12 Nov 2025.