Trailblazer Merger Corporation I Rights
TBMCR
TBMCR was delisted on the 26th of March, 2026.
24 hedge funds and large institutions have $317K invested in Trailblazer Merger Corporation I Rights in 2024 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 1 closing their positions.
4% less funds holding
Funds holding: 25 → 24 (-1)
33% less capital invested
Capital invested by funds: $469K → $317K (-$153K)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$159 |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$10 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$10.9K |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$728 |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$445 |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$297 |
| 5 |
TI
TrueMark Investments
Chicago,
Illinois
|
-$297 |
TBMCR Hedge Fund Activity: Q1 2024 in Review
24 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Trailblazer Merger Corporation I Rights (TBMCR) for Q1 2024, worth a combined $317K — down 33% from $469K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of TBMCR and 0 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 2 added.
The largest buyer was Cowen and Company, adding an estimated $159. The largest seller was Bulldog Investors, cutting an estimated $10.9K.
- 24 institutional investors held Trailblazer Merger Corporation I Rights (TBMCR) as of Q1 2024, down from 25 in Q4 2023.
- Funds reported $317K of Trailblazer Merger Corporation I Rights stock for Q1 2024, down 33% quarter-over-quarter.
- 0 funds opened new Trailblazer Merger Corporation I Rights positions in Q1 2024 and 1 closed out, a net change of -1 holder.
- The largest Trailblazer Merger Corporation I Rights buyer in Q1 2024 was Cowen and Company, an estimated $159 added.
- The largest Trailblazer Merger Corporation I Rights seller in Q1 2024 was Bulldog Investors, an estimated $10.9K sold.
Based on aggregated 13F filings for Q1 2024.