Trailblazer Merger Corporation I Rights
TBMCR
TBMCR was delisted on the 26th of March, 2026.
27 hedge funds and large institutions have $808K invested in Trailblazer Merger Corporation I Rights in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
22% more capital invested
Capital invested by funds: $664K → $808K (+$144K)
4% more funds holding
Funds holding: 26 → 27 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$11K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.34K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$358 |
| 4 |
CS
Clear Street
New York
|
+$249 |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$67 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$37.5K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$497 |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$333 |
TBMCR Hedge Fund Activity: Q3 2023 in Review
27 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Trailblazer Merger Corporation I Rights (TBMCR) for Q3 2023, worth a combined $808K — up 22% from $664K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new TBMCR positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Cowen and Company, adding an estimated $11K. The largest seller was Mangrove Partners, exiting entirely with an estimated $37.5K sold.
- 27 institutional investors held Trailblazer Merger Corporation I Rights (TBMCR) as of Q3 2023, up from 26 in Q2 2023.
- Funds reported $808K of Trailblazer Merger Corporation I Rights stock for Q3 2023, up 22% quarter-over-quarter.
- 2 funds opened new Trailblazer Merger Corporation I Rights positions in Q3 2023 and 1 closed out, a net change of +1 holder.
- The largest Trailblazer Merger Corporation I Rights buyer in Q3 2023 was Cowen and Company, an estimated $11K added.
- The largest Trailblazer Merger Corporation I Rights seller in Q3 2023 was Mangrove Partners, an estimated $37.5K sold.
Based on aggregated 13F filings for Q3 2023.