Trailblazer Merger Corp I - Class A Common Stock (TBMC) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2023 to Q4 2025

Type / Class
Equity / Class A Common Stock
Symbol
TBMC on Nasdaq
Shares outstanding
4,474,415
Price per share
$12.46
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
130,581
Total reported value
$1,739,284
% of total 13F portfolios
0%
Share change
-1,422,802
Value change
-$17,419,426
Number of holders
6
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Trailblazer Merger Corp I - Class A Common Stock (TBMC) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Trailblazer Sponsor Group, LLC 47% $24,056,325 2,119,500 Trailblazer Sponsor Group, LLC 31 Dec 2024
TD SECURITIES (USA) LLC 3.9% -28% $2,008,966 -$765,434 173,786 -28% TD SECURITIES (USA) LLC 30 Jun 2025
Karpus Management, Inc. 0.39% -102% $208,826 -$2,736,729 17,475 -93% KARPUS MANAGEMENT, INC. 30 May 2025

As of 31 Dec 2025, 6 institutional investors reported holding 130,581 shares of Trailblazer Merger Corp I - Class A Common Stock (TBMC). This represents 2.9% of the company’s total 4,474,415 outstanding shares.

Institutional Holders of Trailblazer Merger Corp I - Class A Common Stock (TBMC) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 130,581 $1,739,284 -$17,419,426 $13.32 6
2025 Q3 1,686,817 $19,786,173 -$3,316,371 $11.68 12
2025 Q2 1,922,777 $22,487,112 -$5,131,704 $11.71 15
2025 Q1 2,321,677 $26,114,476 -$36,049 $11.26 17
2024 Q4 2,322,329 $25,813,747 -$27,913,574 $11.12 16
2024 Q3 4,641,564 $51,055,655 -$13,478,995 $11.00 29
2024 Q2 6,116,707 $66,051,494 -$1,786,037 $10.80 37
2024 Q1 6,293,958 $66,725,283 -$4,442,335 $10.60 36
2023 Q4 6,473,840 $67,693,241 +$7,629,826 $10.46 34
2023 Q3 5,734,411 $59,236,929 -$535,014 $10.33 34
2023 Q2 5,789,761 $58,981,907 +$58,981,907 $10.19 38