Karpus Investment Management’s Trailblazer Merger Corp I TBMC Stock Holding History

Karpus Investment 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 Q2	–	Sell	-237,890	Closed	-$2.68M	–	214
2025 Q1	$2.68M	Sell	237,890 -8,600	-3%	-$96.1K	0.09%	143
2024 Q4	$2.74M	Sell	246,490 -10,945	-4%	-$121K	0.08%	148
2024 Q3	$2.83M	Sell	257,435 -8,850	-3%	-$96.2K	0.08%	157
2024 Q2	$2.88M	Buy	266,285 +6,640	+3%	+$71.5K	0.08%	143
2024 Q1	$2.75M	Buy	259,645 +126,895	+96%	+$1.33M	0.08%	149
2023 Q4	$1.39M	Buy	132,750 +21,000	+19%	+$218K	0.04%	185
2023 Q3	$1.15M	Hold	111,750	–	–	0.04%	203
2023 Q2	$1.14M	Buy	+111,750	New	+$1.13M	0.04%	222

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

Toronto Dominion Bank Toronto, Ontario, Ontario, Canada $69.7B AUM 40.86% 1-Year Est. Return

RCM

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

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

ASM

ATW SPAC Management New York $79.2M AUM 10.67% 1-Year Est. Return

BFM

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

MSU

Mizuho Securities USA New York $6.2B AUM 35.46% 1-Year Est. Return

WAM

Wolverine Asset Management Chicago, Illinois $10.4B AUM 4.78% 1-Year Est. Return

Karpus Investment Management's TBMC Position: Q2 2025 in Review

Karpus Investment Management sold out of Trailblazer Merger Corp I (TBMC) in Q2 2025, closing a stake of 237,890 shares — an estimated $2.68M sold.

Karpus Investment Management first reported a position in TBMC in Q2 2023 and held it in 8 quarters. The position peaked at $2.88M in Q2 2024. 15 funds tracked by Wall St. Rank hold TBMC as of Q2 2025.

Karpus Investment Management reported no remaining Trailblazer Merger Corp I position as of Q2 2025 after selling out during the quarter.
Karpus Investment Management sold 237,890 Trailblazer Merger Corp I shares in Q2 2025, an estimated $2.68M.
Karpus Investment Management first reported a position in Trailblazer Merger Corp I in Q2 2023 and held it in 8 quarters.
Karpus Investment Management's Trailblazer Merger Corp I position peaked at $2.88M in Q2 2024.
15 funds tracked by Wall St. Rank held Trailblazer Merger Corp I as of Q2 2025.

Based on Karpus Investment Management's 13F filing for Q2 2025, filed 14 Aug 2025.