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TBMC

Trailblazer Merger Corp I
TBMC

Delisted

TBMC was delisted on the 26th of March, 2026.

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37 hedge funds and large institutions have $66.1M invested in Trailblazer Merger Corp I in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

3% more funds holding

Funds holding: 36 → 37 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

1% less capital invested

Capital invested by funds: $66.7M → $66.1M (-$674K)

1.97% less ownership

Funds ownership: 69.78% → 67.81% (-2%)

Holders
37
Holders Change
+1
Holders Change %
+2.78%
% of All Funds
0.53%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
5
Increased
8
Reduced
8
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
WRBC
W.R. Berkley Corp
Connecticut
+$7.16M
2
CAC
Cowen and Company
New York
+$1.09M
3
Hudson Bay Capital Management
Hudson Bay Capital Management
Connecticut
+$818K
4
MSU
Mizuho Securities USA
New York
+$756K
5
VF
Virtu Financial
New York
+$113K

Top Sellers

Rank Fund Capital Flow
1
EAM
Exos Asset Management
New York
-$3.19M
2
KL
KIM LLC
Kansas
-$2.15M
3
CCM
CAAS Capital Management
New York
-$1.8M
4
HIM
HGC Investment Management
Ontario, Canada
-$1.75M
5
SIA
Schechter Investment Advisors
Michigan
-$1.05M
Name Holding Trade Value Shares
Change 		Change in
Stake
WRBC
1
W.R. Berkley Corp
Connecticut
$8.91M +$7.16M +665,743 +416%
AA
2
AQR Arbitrage
Connecticut
$6.35M – – –
CAC
3
Cowen and Company
New York
$5.1M +$1.09M +101,443 +27%
ASM
4
ATW SPAC Management
New York
$3.64M – – –
BFM
5
Boothbay Fund Management
New York
$3.64M – – –
SIA
6
Schechter Investment Advisors
Michigan
$3.61M -$1.05M -97,396 -23%
YCM
7
Yakira Capital Management
Connecticut
$3.01M -$4.33K -402 -0.1%
KIM
8
Karpus Investment Management
New York
$2.88M +$71.5K +6,640 +3%
COPPSERS
9
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$2.8M – – –
CA
10
Crossingbridge Advisors
New York
$2.65M -$1.08K -100 -0%
Verition Fund Management
11
Verition Fund Management
Connecticut
$2.55M +$82.9K +7,701 +3%
WC
12
Wealthspring Capital
New York
$1.93M -$16.1K -1,496 -0.8%
BI
13
Bulldog Investors
New Jersey
$1.86M -$962K -89,394 -34%
RCM
14
Rivernorth Capital Management
Florida
$1.74M – – –
Two Sigma Investments
15
Two Sigma Investments
New York
$1.62M – – –
GF
16
Gabelli Funds
New York
$1.5M – – –
CH
17
CVI Holdings
Delaware
$1.4M – – –
Walleye Capital
18
Walleye Capital
New York
$1.24M – – –
GCIA
19
Gabelli & Co Investment Advisers
New York
$1.2M – – –
DAM
20
Deltec Asset Management
New York
$1.19M – – –
MSU
21
Mizuho Securities USA
New York
$1.1M +$756K +70,255 +220%
KL
22
KIM LLC
Kansas
$1.08M -$2.15M -200,000 -67%
MC
23
Meteora Capital
Florida
$864K – – –
Hudson Bay Capital Management
24
Hudson Bay Capital Management
Connecticut
$820K +$818K +76,000 New
GCL
25
Glazer Capital LLC
New York
$712K -$807K -75,006 -53%
1
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TBMC Hedge Fund Activity: Q2 2024 in Review

37 of the 6,931 institutional investors tracked by Wall St. Rank reported a position in Trailblazer Merger Corp I (TBMC) for Q2 2024, worth a combined $66.1M — down 1% from $66.7M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new TBMC positions and 4 closed out — a net gain of 1 holder — while 8 added to existing stakes and 8 trimmed.

The largest buyer was W.R. Berkley Corp, adding an estimated $7.16M. The largest seller was Exos Asset Management, exiting entirely with an estimated $3.19M sold.

  • 37 institutional investors held Trailblazer Merger Corp I (TBMC) as of Q2 2024, up from 36 in Q1 2024.
  • Funds reported $66.1M of Trailblazer Merger Corp I stock for Q2 2024, down 1% quarter-over-quarter.
  • 5 funds opened new Trailblazer Merger Corp I positions in Q2 2024 and 4 closed out, a net change of +1 holder.
  • The largest Trailblazer Merger Corp I buyer in Q2 2024 was W.R. Berkley Corp, an estimated $7.16M added.
  • The largest Trailblazer Merger Corp I seller in Q2 2024 was Exos Asset Management, an estimated $3.19M sold.

Based on aggregated 13F filings for Q2 2024.