| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| METEORA CAPITAL, LLC | 8.1% | $22,325,887 | 2,225,911 | Meteora Capital, LLC | 31 Dec 2025 |
As of 31 Dec 2025, 25 institutional investors reported holding 7,144,367 shares of Trailblazer Acquisition Corp. - Class A common stock (BLZR). This represents 26% of the company’s total 27,500,074 outstanding shares.
The largest institutional shareholders of Trailblazer Acquisition Corp. - Class A common stock (BLZR) together control 26% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| MMCAP International Inc. SPC | 3.6% | 1,000,000 | 1% | $10,010,000 | |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 3.6% | 999,999 | 0.02% | $10,009,990 | |
| Harraden Circle Investments, LLC | 3.2% | 884,472 | 1.6% | $8,853,565 | |
| JPMORGAN CHASE & CO | 3.2% | 884,424 | 0% | $8,853,084 | |
| PICTON MAHONEY ASSET MANAGEMENT | 1.8% | 499,995 | 0.05% | $5,004,950 | |
| Wealthspring Capital LLC | 1.7% | 477,936 | 1.1% | $4,784,139 | |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | 1.5% | 400,000 | 0.47% | $4,004,000 | |
| BNP PARIBAS FINANCIAL MARKETS | 0.97% | 267,200 | 0% | 0% | $2,674,672 |
| BERKLEY W R CORP | 0.95% | 261,006 | 0.15% | $2,612,670 | |
| Hudson Bay Capital Management LP | 0.92% | 252,518 | 0.01% | $2,527,705 | |
| Periscope Capital Inc. | 0.73% | 201,800 | 0.39% | $2,020,018 | |
| First Trust Capital Management L.P. | 0.73% | 199,998 | 0.12% | $2,001,980 | |
| Context Capital Management, LLC | 0.55% | 150,000 | 0.04% | $1,501,500 | |
| MIZUHO SECURITIES USA LLC | 0.52% | 143,152 | 0.02% | $1,438,678 | |
| Clear Street Group Inc. | 0.39% | 107,182 | 0.01% | $1,072,892 | |
| Verition Fund Management LLC | 0.36% | 100,055 | 0.01% | $1,001,551 | |
| GRITSTONE ASSET MANAGEMENT LLC | 0.36% | 100,000 | 0.96% | $1,001,000 | |
| DLD Asset Management, LP | 0.24% | 66,667 | 0.07% | $667,337 | |
| WOLVERINE ASSET MANAGEMENT LLC | 0.18% | 49,998 | 0.01% | $500,480 | |
| L1 Global Manager Pty Ltd | 0.09% | 25,000 | 0% | 0.16% | $250,250 |
| Mint Tower Capital Management B.V. | 0.09% | 25,000 | 0.03% | $250,000 | |
| Centiva Capital, LP | 0.09% | 24,999 | 0.02% | $250,240 | |
| ABC ARBITRAGE SA | 0.07% | 20,000 | 0.02% | $200,200 | |
| UBS Group AG | 0.01% | 2,893 | 0% | $28,959 | |
| MORGAN STANLEY | 0% | 73 | 0% | $731 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 7,144,367 | $71,520,591 | +$68,595,669 | $10.01 | 25 |