Trailblazer Merger Corp I
TBMC
TBMC was delisted on the 26th of March, 2026.
34 hedge funds and large institutions have $59.2M invested in Trailblazer Merger Corp I in 2023 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 4 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0% more capital invested
Capital invested by funds: $59M → $59.2M (+$255K)
0.61% less ownership
Funds ownership: 64.19% → 63.57% (-0.61%)
11% less funds holding
Funds holding: 38 → 34 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$1.7M |
| 2 |
CS
Clear Street
New York
|
+$397K |
| 3 |
DAM
Deltec Asset Management
New York
|
+$360K |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$291K |
| 5 |
ETH
Exos TFP Holdings
New York
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
-$1.68M |
| 2 |
CF
Cantor Fitzgerald
New York
|
-$986K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$300K |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$300K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$164K |
TBMC Hedge Fund Activity: Q3 2023 in Review
34 of the 6,304 institutional investors tracked by Wall St. Rank reported a position in Trailblazer Merger Corp I (TBMC) for Q3 2023, worth a combined $59.2M — up 0.43% from $59M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TBMC and 0 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Cowen and Company, adding an estimated $1.7M. The largest seller was Kepos Capital, exiting entirely with an estimated $1.68M sold.
- 34 institutional investors held Trailblazer Merger Corp I (TBMC) as of Q3 2023, down from 38 in Q2 2023.
- Funds reported $59.2M of Trailblazer Merger Corp I stock for Q3 2023, up 0.43% quarter-over-quarter.
- 0 funds opened new Trailblazer Merger Corp I positions in Q3 2023 and 4 closed out, a net change of -4 holders.
- The largest Trailblazer Merger Corp I buyer in Q3 2023 was Cowen and Company, an estimated $1.7M added.
- The largest Trailblazer Merger Corp I seller in Q3 2023 was Kepos Capital, an estimated $1.68M sold.
Based on aggregated 13F filings for Q3 2023.