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Mercer International Inc.

MERC
Exchange
Nasdaq
Industry
Pulp Mills
SEC CIK
0001333274

In the last 90 days, Mercer International Inc. insiders filed 1 open-market purchase and 0 sales; 67 institutions reported holding it in 13F filings for Q2 2026, worth $16.6M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Mercer International Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
75
−10 vs. Q3 2025
Shares held
47.5M
−543.9K (−1.1%) vs. Q3 2025
Total value
$94.1M
−$44.7M (−32.2%) vs. Q3 2025
New holders
11
21 more added
Sold out
21
29 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MERC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 75 institutions
Q1 2021: 118 institutionsQ2 2021: 126 institutionsQ3 2021: 125 institutionsQ4 2021: 129 institutionsQ1 2022: 132 institutionsQ2 2022: 139 institutionsQ3 2022: 152 institutionsQ4 2022: 144 institutionsQ1 2023: 132 institutionsQ2 2023: 123 institutionsQ3 2023: 116 institutionsQ4 2023: 119 institutionsQ1 2024: 123 institutionsQ2 2024: 140 institutionsQ3 2024: 133 institutionsQ4 2024: 124 institutionsQ1 2025: 112 institutionsQ2 2025: 105 institutionsQ3 2025: 87 institutionsQ4 2025: 75 institutionsQ1 2026: 76 institutionsQ2 2026: 67 institutions
Value heldQ4 2025: $94.1M
Q1 2021: $706.7MQ2 2021: $614.5MQ3 2021: $566.9MQ4 2021: $601.0MQ1 2022: $692.0MQ2 2022: $639.1MQ3 2022: $637.0MQ4 2022: $621.6MQ1 2023: $524.8MQ2 2023: $450.4MQ3 2023: $498.2MQ4 2023: $540.8MQ1 2024: $395.5MQ2 2024: $464.5MQ3 2024: $360.2MQ4 2024: $342.9MQ1 2025: $323.1MQ2 2025: $183.6MQ3 2025: $139.1MQ4 2025: $94.1MQ1 2026: $68.4MQ2 2026: $16.6M
Institutions holding MERC and their total value by quarter
QuarterHoldersValue
Q2 202667$16.6M
Q1 202676$68.4M
Q4 202575$94.1M
Q3 202587$139.1M
Q2 2025105$183.6M
Q1 2025112$323.1M
Q4 2024124$342.9M
Q3 2024133$360.2M
Q2 2024140$464.5M
Q1 2024123$395.5M
Q4 2023119$540.8M
Q3 2023116$498.2M
Q2 2023123$450.4M
Q1 2023132$524.8M
Q4 2022144$621.6M
Q3 2022152$637.0M
Q2 2022139$639.1M
Q1 2022132$692.0M
Q4 2021129$601.0M
Q3 2021125$566.9M
Q2 2021126$614.5M
Q1 2021118$706.7M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Mercer International Inc.; share changes are against Q3 2025.

Institutions holding MERC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Iat Reinsurance Co Ltd.17,220,000$34.1M9.98%+520,000+3.1%Added
Redwood Capital Management, LLC4,648,133$9.20M0.99%00.0%Unchanged
Toronto Dominion Bank3,300,000$6.53M0.01%00.0%Unchanged
Atlas FRM LLC3,150,000$6.24M0.61%00.0%Unchanged
Dimensional Fund Advisors LP2,819,274$5.58M0.00%−214,047−7.1%Reduced
Readystate Asset Management LP2,551,997$5.05M0.22%+182,312+7.7%Added
Solas Capital Management, LLC1,607,315$3.18M1.81%−42,717−2.6%Reduced
American Century Companies Inc1,158,077$2.29M0.00%+21,322+1.9%Added
Diameter Capital Partners LP1,100,397$2.18M0.23%+1,100,397New
BlackRock, Inc.1,040,717$2.06M0.00%+18,296+1.8%Added
Wells Fargo & Company894,700$1.77M0.00%−295,397−24.8%Reduced
D. E. Shaw & Co., Inc.885,918$1.75M0.00%−154,104−14.8%Reduced
Vanguard Group Inc828,440$1.64M0.00%−1,636−0.2%Reduced
Barclays PLC739,335$1.46M0.00%+726,120+5,494.7%Added
Whitebox Advisors LLC686,019$1.36M0.02%+150,000+28.0%Added
Geode Capital Management, LLC561,001$1.11M0.00%+14,603+2.7%Added
Oppenheimer & Co Inc420,979$833.5K0.01%−333,196−44.2%Reduced
Bridgeway Capital Management, LLC379,732$751.9K0.02%+28,607+8.1%Added
Aegis Financial Corp308,927$611.7K0.15%−800.0%Reduced
Verition Fund Management LLC308,622$611.1K0.00%+279,889+974.1%Added
Charles Schwab Investment Management Inc247,486$490.0K0.00%−55,204−18.2%Reduced
Morgan Stanley227,103$449.7K0.00%−185,448−45.0%Reduced
State Street Corp216,113$427.9K0.00%+10,900+5.3%Added
Gsa Capital Partners LLP190,774$378.0K0.03%−20,145−9.6%Reduced
Citadel Advisors LLC185,885$368.1K0.00%−175,567−48.6%Reduced
Assenagon Asset Management S.A.184,717$365.7K0.00%+83,467+82.4%Added
Cerity Partners LLC150,080$297.2K0.00%00.0%Unchanged
Merrion Investment Management Co, LLC150,000$297.0K0.16%00.0%Unchanged
Jane Street Group, LLC125,171$247.8K0.00%+42,028+50.5%Added
Northern Trust Corp119,180$236.0K0.00%+11,648+10.8%Added
Goldman Sachs Group Inc109,935$217.7K0.00%−8,360−7.1%Reduced
Graham Capital Management, L.P.106,255$210.4K0.01%+19,924+23.1%Added
Susquehanna Portfolio Strategies, LLC88,938$176.1K0.00%−25,259−22.1%Reduced
Shufro Rose & Co LLC71,300$141.2K0.01%−47,100−39.8%Reduced
Benefit Street Partners LLC63,685$126.1K0.14%+63,685New
Centiva Capital, LP60,872$120.5K0.01%+28,031+85.4%Added
UBS Group AG52,581$104.1K0.00%+13,618+35.0%Added
Qube Research & Technologies Ltd51,970$102.9K0.00%−169,637−76.5%Reduced
Wealth Enhancement Advisory Services, LLC42,610$96.3K0.00%−29−0.1%Reduced
Quadrature Capital Ltd37,009$73.3K0.00%+37,009New
Net Worth Advisory Group34,358$68.0K0.01%−916−2.6%Reduced
Invesco Ltd.32,725$64.8K0.00%−11,668−26.3%Reduced
Beacon Pointe Advisors, LLC31,819$63.0K0.00%+31,819New
Engineers Gate Manager LP31,033$61.4K0.00%+8,834+39.8%Added
Renaissance Technologies LLC27,511$54.5K0.00%−51,600−65.2%Reduced
Acadian Asset Management LLC26,868$52.0K0.00%00.0%Unchanged
JPMorgan Chase & Co25,380$50.3K0.00%−7,021−21.7%Reduced
Banco BTG Pactual S.A.24,600$48.7K0.01%+24,600New
Millennium Management LLC22,158$43.9K0.00%−972,816−97.8%Reduced
Daytona Street Capital LLC20,000$39.6K0.03%+20,000New
R Squared Ltd18,868$37.4K0.02%+1,538+8.9%Added
Price T Rowe Associates Inc17,659$35.0K0.00%00.0%Unchanged
Citigroup Inc17,556$34.8K0.00%−198,908−91.9%Reduced
LPL Financial LLC16,558$32.8K0.00%+16,558New
Kestra Private Wealth Services, LLC13,500$26.7K0.00%00.0%Unchanged
Squarepoint Ops LLC12,077$23.9K0.00%−45,974−79.2%Reduced
Axq Capital, LP10,985$21.8K0.00%+10,985New
Joel Isaacson & Co., LLC10,000$19.8K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.9,400$18.6K0.00%−278−2.9%Reduced
Public Employees Retirement System of Ohio8,741$17.3K0.00%+2,598+42.3%Added
FMR LLC7,301$14.5K0.00%+7,190+6,477.5%Added
Royal Bank of Canada5,900$12.0K0.00%−32,073−84.5%Reduced
Bank of America Corp4,968$9.84K0.00%−316−6.0%Reduced
National Bank of Canada3,200$6.34K0.00%+700+28.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)2,549$5.05K0.00%00.0%Unchanged
TD Waterhouse Canada Inc.1,700$3.37K0.00%00.0%Unchanged
Rhumbline Advisers1,325$2.62K0.00%00.0%Unchanged
Olistico Wealth, LLC755$1.50K0.00%+755New
BNP Paribas Arbitrage, SA469$9290.00%00.0%Unchanged
SBI Securities Co., Ltd.411$8140.00%−2−0.5%Reduced
The PNC Financial Services Group, Inc.348$6890.00%+348New
Advisor Group Holdings, Inc.75$1480.00%−96−56.1%Reduced
Farther Finance Advisors, LLC44$870.00%00.0%Unchanged
Intesa Sanpaolo S.p.A.14$280.00%+14New
CWM, LLC23$00.00%−11−32.4%Reduced
Jump Financial, LLC0$00.00%−153,666−100.0%Sold out
Empowered Funds, LLC0$00.00%−129,012−100.0%Sold out
XTX Topco Ltd0$00.00%−105,933−100.0%Sold out
PDT Partners, LLC0$00.00%−99,982−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−74,153−100.0%Sold out
Wealthedge Investment Advisors, LLC0$00.00%−71,584−100.0%Sold out
Oxford Asset Management LLP0$00.00%−70,935−100.0%Sold out
Gamco Investors, Inc. Et Al0$00.00%−68,795−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−59,007−100.0%Sold out
Algert Global LLC0$00.00%−45,180−100.0%Sold out
HSBC Holdings PLC0$00.00%−22,424−100.0%Sold out
Walleye Capital LLC0$00.00%−17,069−100.0%Sold out
Raymond James Financial Inc0$00.00%−16,703−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−16,101−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−11,600−100.0%Sold out
Quantbot Technologies LP0$00.00%−7,838−100.0%Sold out
Armstrong Advisory Group, Inc0$00.00%−1,837−100.0%Sold out
EverSource Wealth Advisors, LLC0$00.00%−168−100.0%Sold out
True Wealth Design, LLC0$00.00%−51−100.0%Sold out
Signaturefd, LLC0$00.00%−7−100.0%Sold out
IFP Advisors, Inc0$00.00%−5−100.0%Sold out
Cubist Systematic Strategies, LLC––––Not filed
Point72 (DIFC) Ltd––––Not filed