Trailblazer Merger Corp I
TBMC
TBMC was delisted on the 26th of March, 2026.
16 hedge funds and large institutions have $25.8M invested in Trailblazer Merger Corp I in 2024 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 17 closing their positions.
0.15% more ownership
Funds ownership: 51.46% → 51.61% (+0.15%)
45% less funds holding
Funds holding: 29 → 16 (-13)
49% less capital invested
Capital invested by funds: $51.1M → $25.8M (-$25.2M)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
76% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$2.66M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$2.47M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.45M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$910K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$14.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$3.07M |
| 2 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$2.85M |
| 3 |
CS
Clear Street
New York
|
-$2.77M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.67M |
| 5 |
CA
Crossingbridge Advisors
Pleasantville,
New York
|
-$2.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GF
26
Gabelli Funds
Rye,
New York
| – | -$1.53M | -139,050 | Closed |
|
|
GCIA
27
Gabelli & Co Investment Advisers
Rye,
New York
| – | -$1.22M | -110,950 | Closed |
|
|
DAM
28
Deltec Asset Management
New York
| – | -$1.21M | -110,000 | Closed |
|
29
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$842K | -76,000 | Closed |
|
30
D.E. Shaw & Co
New York
| – | -$550K | -50,000 | Closed |
|
|
MP
31
Mangrove Partners
Greenwich,
Connecticut
| – | -$502K | -45,600 | Closed |
|
|
RCM
32
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$153K | -13,911 | Closed |
|
|
QL
33
Quarry LP
New York
| – | -$88.3K | -8,011 | Closed |
|
TBMC Hedge Fund Activity: Q4 2024 in Review
16 of the 7,602 institutional investors tracked by Wall St. Rank reported a position in Trailblazer Merger Corp I (TBMC) for Q4 2024, worth a combined $25.8M — down 49% from $51.1M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TBMC and 4 opened new positions — a net loss of 13 holders — while 7 trimmed existing stakes and 2 added.
The largest buyer was Toronto Dominion Bank, opening a new position worth an estimated $2.66M. The largest seller was Yakira Capital Management, exiting entirely with an estimated $3.07M sold.
- 16 institutional investors held Trailblazer Merger Corp I (TBMC) as of Q4 2024, down from 29 in Q3 2024.
- Funds reported $25.8M of Trailblazer Merger Corp I stock for Q4 2024, down 49% quarter-over-quarter.
- 4 funds opened new Trailblazer Merger Corp I positions in Q4 2024 and 17 closed out, a net change of -13 holders.
- The largest Trailblazer Merger Corp I buyer in Q4 2024 was Toronto Dominion Bank, an estimated $2.66M added.
- The largest Trailblazer Merger Corp I seller in Q4 2024 was Yakira Capital Management, an estimated $3.07M sold.
Based on aggregated 13F filings for Q4 2024.