Trailblazer Merger Corporation I Rights
TBMCR
TBMCR was delisted on the 26th of March, 2026.
0 hedge funds and large institutions have $0 invested in Trailblazer Merger Corporation I Rights in 2026 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 17 closing their positions.
100% less funds holding
Funds holding: 17 → 0 (-17)
100% less capital invested
Capital invested by funds: $1.11M → $0 (-$1.11M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 17
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$409K |
| 2 |
HCI
Harraden Circle Investments
New York
|
-$208K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$131K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$81.7K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$51.2K |
TBMCR Hedge Fund Activity: Q1 2026 in Review
0 of the 8,186 institutional investors tracked by Wall St. Rank reported a position in Trailblazer Merger Corporation I Rights (TBMCR) for Q1 2026, worth a combined $0 — down 100% from $1.11M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TBMCR and 0 opened new positions — a net loss of 17 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Highbridge Capital Management, exiting entirely with an estimated $409K sold.
- 0 institutional investors held Trailblazer Merger Corporation I Rights (TBMCR) as of Q1 2026, down from 17 in Q4 2025.
- Funds reported $0 of Trailblazer Merger Corporation I Rights stock for Q1 2026, down 100% quarter-over-quarter.
- 0 funds opened new Trailblazer Merger Corporation I Rights positions in Q1 2026 and 17 closed out, a net change of -17 holders.
- The largest Trailblazer Merger Corporation I Rights seller in Q1 2026 was Highbridge Capital Management, an estimated $409K sold.
Based on aggregated 13F filings for Q1 2026.