MSU
TBMC

Mizuho Securities USA’s Trailblazer Merger Corp I TBMC Stock Holding History

Mizuho Securities USA’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 		– Sell
-134,330
Closed -$1.54M – 731
2025
Q2 		$1.54M Buy
134,330
+50,964
+61% +$597K 0.03% 454
2025
Q1 		$934K Buy
83,366
+1,201
+1% +$13.4K 0.02% 545
2024
Q4 		$904K Buy
+82,165
New +$910K 0.02% 546
2024
Q3 		– Sell
-102,203
Closed -$1.1M – 632
2024
Q2 		$1.1M Buy
102,203
+70,255
+220% +$756K 0.02% 486
2024
Q1 		$336K Buy
+31,948
New +$336K 0.01% 115

Other funds holding TBMC

AA
AQR Arbitrage Greenwich, Connecticut $7.02B AUM 31.58% 1-Year Est. Return
HCI
Harraden Circle Investments New York $784M AUM 20.59% 1-Year Est. Return
WRBC
W.R. Berkley Corp Greenwich, Connecticut $2.1B AUM 13.6% 1-Year Est. Return
CS
Clear Street New York $39.5B AUM 124.03% 1-Year Est. Return
RCM
Rivernorth Capital Management West Palm Beach, Florida $2.1B AUM 2.15% 1-Year Est. Return
SC
Shay Capital New York $1.56B AUM 46.17% 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 $7.6B AUM 109.3% 1-Year Est. Return
GCL
Glazer Capital LLC New York $4.07B AUM 78.71% 1-Year Est. Return
TI
TrueMark Investments Chicago, Illinois $798M AUM 25.52% 1-Year Est. Return

Mizuho Securities USA's TBMC Position: Q3 2025 in Review

Mizuho Securities USA sold out of Trailblazer Merger Corp I (TBMC) in Q3 2025, closing a stake of 134,330 shares — an estimated $1.54M sold.

Mizuho Securities USA first reported a position in TBMC in Q1 2024 and held it in 5 quarters. The position peaked at $1.54M in Q2 2025. 12 funds tracked by Wall St. Rank hold TBMC as of Q3 2025.

  • Mizuho Securities USA reported no remaining Trailblazer Merger Corp I position as of Q3 2025 after selling out during the quarter.
  • Mizuho Securities USA sold 134,330 Trailblazer Merger Corp I shares in Q3 2025, an estimated $1.54M.
  • Mizuho Securities USA first reported a position in Trailblazer Merger Corp I in Q1 2024 and held it in 5 quarters.
  • Mizuho Securities USA's Trailblazer Merger Corp I position peaked at $1.54M in Q2 2025.
  • 12 funds tracked by Wall St. Rank held Trailblazer Merger Corp I as of Q3 2025.

Based on Mizuho Securities USA's 13F filing for Q3 2025, filed 22 Oct 2025.