Trailblazer Merger Corp I
TBMC
TBMC was delisted on the 26th of March, 2026.
0 hedge funds and large institutions have $0 invested in Trailblazer Merger Corp I in 2026 Q1 according to their latest regulatory filings, with funds opening new positions, increasing their positions, 0 reducing their positions, and 6 closing their positions.
5.32% less ownership
Funds ownership: 5.32% → 0% (-5.3%)
100% less funds holding
Funds holding: 6 → 0 (-6)
100% less capital invested
Capital invested by funds: $1.74M → $0 (-$1.74M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$631K |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$576K |
| 3 |
CS
Clear Street
New York
|
-$292K |
| 4 |
SC
Shay Capital
New York
|
-$236K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCL
1
Glazer Capital LLC
New York
| – | -$631K | -47,389 | Closed |
|
|
WRBC
2
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$576K | -43,243 | Closed |
|
|
CS
3
Clear Street
New York
| – | -$292K | -21,903 | Closed |
|
|
SC
4
Shay Capital
New York
| – | -$236K | -17,716 | Closed |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$4.2K | -315 | Closed |
|
6
Morgan Stanley
New York
| – | -$200 | -15 | Closed |
|
TBMC Hedge Fund Activity: Q1 2026 in Review
0 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Trailblazer Merger Corp I (TBMC) for Q1 2026, worth a combined $0 — down 100% from $1.74M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TBMC and 0 opened new positions — a net loss of 6 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Glazer Capital LLC, exiting entirely with an estimated $631K sold.
- 0 institutional investors held Trailblazer Merger Corp I (TBMC) as of Q1 2026, down from 6 in Q4 2025.
- Funds reported $0 of Trailblazer Merger Corp I stock for Q1 2026, down 100% quarter-over-quarter.
- 0 funds opened new Trailblazer Merger Corp I positions in Q1 2026 and 6 closed out, a net change of -6 holders.
- The largest Trailblazer Merger Corp I seller in Q1 2026 was Glazer Capital LLC, an estimated $631K sold.
Based on aggregated 13F filings for Q1 2026.