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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$1.1M |
| 2 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$661K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$162K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$110K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$19.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$19.4M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$12.3M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$10.3M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$10.3M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$10.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAM
76
Deltec Asset Management
New York
| – | -$102K | -10,000 | Closed |
|
77
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$102K | -10,000 | Closed |
|
78
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$73K | -7,106 | Closed |
|
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.