Trailblazer Merger Corp I
TBMC
TBMC was delisted on the 26th of March, 2026.
36 hedge funds and large institutions have $66.7M invested in Trailblazer Merger Corp I in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
6% more funds holding
Funds holding: 34 → 36 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $67.7M → $66.7M (-$968K)
1.99% less ownership
Funds ownership: 71.77% → 69.78% (-2%)
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.68M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.33M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$336K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$134K |
| 5 |
WAM
Warberg Asset Management
Winnetka,
Illinois
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$3.32M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.12M |
| 3 |
CM
Cohanzick Management
Pleasantville,
New York
|
-$1.31M |
| 4 |
KL
KIM LLC
Wichita,
Kansas
|
-$263K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$261K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
26
Meteora Capital
Boca Raton,
Florida
| $846K | – | – | – |
|
27
Walleye Trading
New York
| $687K | – | – | – |
|
28
D.E. Shaw & Co
New York
| $532K | – | – | – |
|
|
RCM
29
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $380K | -$34.5K | -3,278 | -8% |
|
|
WAM
30
Warberg Asset Management
Winnetka,
Illinois
| $363K | +$119K | +11,357 | +50% |
|
|
MSU
31
Mizuho Securities USA
New York
| $336K | +$336K | +31,948 | New |
|
|
TI
32
Tidal Investments
Milwaukee,
Wisconsin
| $249K | -$34.5K | -3,278 | -12% |
|
|
TI
33
TrueMark Investments
Chicago,
Illinois
| $203K | -$30.8K | -2,934 | -13% |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $136K | +$134K | +12,779 | New |
|
|
CCM
35
Condor Capital Management
Martinsville,
New Jersey
| $121K | – | – | – |
|
|
CS
36
Clear Street
New York
| $74 | +$74 | +7 | New |
|
|
MP
37
Mangrove Partners
Greenwich,
Connecticut
| – | -$3.32M | -317,868 | Closed |
|
|
CM
38
Cohanzick Management
Pleasantville,
New York
| – | -$1.31M | -125,000 | Closed |
|
|
39
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$261K | -24,980 | Closed |
|
TBMC Hedge Fund Activity: Q1 2024 in Review
36 of the 6,948 institutional investors tracked by Wall St. Rank reported a position in Trailblazer Merger Corp I (TBMC) for Q1 2024, worth a combined $66.7M — down 1.4% from $67.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TBMC positions and 3 closed out — a net gain of 3 holders — while 2 added to existing stakes and 10 trimmed.
The largest buyer was W.R. Berkley Corp, opening a new position worth an estimated $1.68M. The largest seller was Mangrove Partners, exiting entirely with an estimated $3.32M sold.
- 36 institutional investors held Trailblazer Merger Corp I (TBMC) as of Q1 2024, up from 34 in Q4 2023.
- Funds reported $66.7M of Trailblazer Merger Corp I stock for Q1 2024, down 1.4% quarter-over-quarter.
- 6 funds opened new Trailblazer Merger Corp I positions in Q1 2024 and 3 closed out, a net change of +3 holders.
- The largest Trailblazer Merger Corp I buyer in Q1 2024 was W.R. Berkley Corp, an estimated $1.68M added.
- The largest Trailblazer Merger Corp I seller in Q1 2024 was Mangrove Partners, an estimated $3.32M sold.
Based on aggregated 13F filings for Q1 2024.