We are live on ! Find out more
BLZRU

Trailblazer Acquisition Corp Unit
BLZRU

31 hedge funds and large institutions have $53.6M invested in Trailblazer Acquisition Corp Unit in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% less funds holding

Funds holding: 73 → 31 (-42)

70% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 10

79% less capital invested

Capital invested by funds: $254M → $53.6M (-$200M)

89% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 47

97.8% less ownership

Funds ownership: 123.97% → 26.17% (-98%)

Holders
31
Holders Change
-42
Holders Change %
-57.53%
% of All Funds
0.38%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
3
Reduced
10
Closed
47
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
+$1.1M
2
RAM
Readystate Asset Management
Illinois
+$661K
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$162K
4
Citadel Advisors
Citadel Advisors
Florida
+$110K
5
UBS Group
UBS Group
Switzerland
+$19.4K

Top Sellers

Rank Fund Capital Flow
1
MC
Meteora Capital
Florida
-$19.4M
2
Adage Capital Partners
Adage Capital Partners
Massachusetts
-$12.3M
3
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$10.3M
4
AA
AQR Arbitrage
Connecticut
-$10.3M
5
MF
Magnetar Financial
Illinois
-$10.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
WRBC
51
W.R. Berkley Corp
Connecticut
– -$2.67M -261,008 Closed
Hudson Bay Capital Management
52
Hudson Bay Capital Management
Connecticut
– -$2.59M -252,518 Closed
AC
53
Aristeia Capital
Connecticut
– -$2.56M -250,000 Closed
D.E. Shaw & Co
54
D.E. Shaw & Co
New York
– -$2.05M -200,000 Closed
FTCM
55
First Trust Capital Management
Illinois
– -$2.04M -200,000 Closed
GL
56
Governors Lane
New York
– -$1.53M -150,000 Closed
MSU
57
Mizuho Securities USA
New York
– -$1.21M -120,348 Closed
DKCM
58
Davidson Kempner Capital Management
New York
– -$1.02M -100,000 Closed
FLC
59
Fifth Lane Capital
Texas
– -$1.02M -100,000 Closed
GAM
60
Gritstone Asset Management
Maryland
– -$1.02M -100,000 Closed
PC
61
Periscope Capital
Ontario, Canada
– -$1.02M -100,000 Closed
SAMU
62
SONA Asset Management (US)
New York
– -$1.02M -100,000 Closed
WA
63
Whitebox Advisors
Minnesota
– -$1.02M -100,000 Closed
Parallax Volatility Advisers
64
Parallax Volatility Advisers
California
– -$862K -84,281 Closed
QL
65
Quarry LP
New York
– -$773K -75,565 Closed
Verition Fund Management
66
Verition Fund Management
Connecticut
– -$513K -50,055 Closed
DAM
67
DLD Asset Management
New York
– -$511K -50,000 Closed
SC
68
Sculptor Capital
New York
– -$511K -50,000 Closed
TAL
69
TIG Advisors LLC
New York
– -$511K -50,000 Closed
WAM
70
Wolverine Asset Management
Illinois
– -$511K -50,000 Closed
TCM
71
Tuttle Capital Management
Connecticut
– -$460K -45,000 Closed
FBCM
72
Fort Baker Capital Management
California
– -$256K -25,000 Closed
HCM
73
Highbridge Capital Management
New York
– -$256K -25,000 Closed
MTCM
74
Mint Tower Capital Management
Netherlands
– -$256K -25,000 Closed
CC
75
Centiva Capital
New York
– -$256K -24,999 Closed
1 2
3
4

BLZRU Hedge Fund Activity: Q4 2025 in Review

31 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Trailblazer Acquisition Corp Unit (BLZRU) for Q4 2025, worth a combined $53.6M — down 79% from $254M a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of BLZRU and 5 opened new positions — a net loss of 42 holders — while 10 trimmed existing stakes and 3 added.

The largest buyer was Toronto Dominion Bank, adding an estimated $1.1M. The largest seller was Meteora Capital, exiting entirely with an estimated $19.4M sold.

  • 31 institutional investors held Trailblazer Acquisition Corp Unit (BLZRU) as of Q4 2025, down from 73 in Q3 2025.
  • Funds reported $53.6M of Trailblazer Acquisition Corp Unit stock for Q4 2025, down 79% quarter-over-quarter.
  • 5 funds opened new Trailblazer Acquisition Corp Unit positions in Q4 2025 and 47 closed out, a net change of -42 holders.
  • The largest Trailblazer Acquisition Corp Unit buyer in Q4 2025 was Toronto Dominion Bank, an estimated $1.1M added.
  • The largest Trailblazer Acquisition Corp Unit seller in Q4 2025 was Meteora Capital, an estimated $19.4M sold.

Based on aggregated 13F filings for Q4 2025.