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)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
72% less capital inflows, than outflows
Capital inflows: $9.92M | Capital outflows: $35.4M
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 |
Boothbay Fund Management
New York
|
+$2.47M |
| 3 |
Wolverine Asset Management
Chicago,
Illinois
|
+$1.45M |
| 4 |
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 |
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$2.85M |
| 3 |
Clear Street
New York
|
-$2.77M |
| 4 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.67M |
| 5 |
CA
Crossingbridge Advisors
Pleasantville,
New York
|
-$2.67M |
TBMC Hedge Fund Activity: Q4 2024 in Review
16 of the 7,614 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.