Harraden Circle Investments’s Trailblazer Merger Corp I TBMC Stock Holding History

Harraden Circle Investments’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 Q4	–	Sell	-217,972	Closed	-$2.55M	–	188
2025 Q3	$2.55M	Hold	217,972	–	–	0.5%	33
2025 Q2	$2.55M	Hold	217,972	–	–	0.66%	26
2025 Q1	$2.45M	Hold	217,972	–	–	1.11%	23
2024 Q4	$2.43M	Buy	+217,972	New	+$2.42M	1.93%	16

Other funds holding TBMC

GCL

Glazer Capital LLC New York $4.07B AUM 78.71% 1-Year Est. Return

WRBC

W.R. Berkley Corp Greenwich, Connecticut $2.1B AUM 13.6% 1-Year Est. Return

Clear Street New York $39.5B AUM 124.03% 1-Year Est. Return

Shay Capital New York $1.56B AUM 46.17% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Harraden Circle Investments's TBMC Position: Q4 2025 in Review

Harraden Circle Investments sold out of Trailblazer Merger Corp I (TBMC) in Q4 2025, closing a stake of 217,972 shares — an estimated $2.55M sold.

Harraden Circle Investments first reported a position in TBMC in Q4 2024 and held it in 4 quarters. The position peaked at $2.55M in Q2 2025. 6 funds tracked by Wall St. Rank hold TBMC as of Q4 2025.

Harraden Circle Investments reported no remaining Trailblazer Merger Corp I position as of Q4 2025 after selling out during the quarter.
Harraden Circle Investments sold 217,972 Trailblazer Merger Corp I shares in Q4 2025, an estimated $2.55M.
Harraden Circle Investments first reported a position in Trailblazer Merger Corp I in Q4 2024 and held it in 4 quarters.
Harraden Circle Investments's Trailblazer Merger Corp I position peaked at $2.55M in Q2 2025.
6 funds tracked by Wall St. Rank held Trailblazer Merger Corp I as of Q4 2025.

Based on Harraden Circle Investments's 13F filing for Q4 2025, filed 13 Feb 2026.