| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| KELLOGG PETER R | 36% | +4% | $40,374,741 | +$1,673,991 | 24,469,540 | +4.3% | Peter R. Kellogg | 14 Nov 2025 |
| REDWOOD CAPITAL MANAGEMENT, LLC | 6.9% | +38% | $13,386,623 | +$3,684,364 | 4,648,133 | +38% | REDWOOD CAPITAL MANAGEMENT LLC | 30 Sep 2025 |
| DIMENSIONAL FUND ADVISORS LP | 4.8% | $14,530,485 | 3,214,709 | Dimensional Fund Advisors LP | 31 Mar 2025 |
As of 31 Dec 2025, 74 institutional investors reported holding 47,532,101 shares of MERCER INTERNATIONAL INC. - Common Stock, par value $1.00 (MERC). This represents 71% of the company’s total 67,039,836 outstanding shares.
The largest institutional shareholders of MERCER INTERNATIONAL INC. - Common Stock, par value $1.00 (MERC) together control 68% 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 |
|---|---|---|---|---|---|
| IAT REINSURANCE CO LTD. | 26% | 17,220,000 | +3.1% | 10% | $34,095,600 |
| REDWOOD CAPITAL MANAGEMENT, LLC | 6.9% | 4,648,133 | 0% | 0.99% | $9,203,303 |
| TORONTO DOMINION BANK | 4.9% | 3,300,000 | 0% | 0.01% | $6,534,000 |
| Atlas FRM LLC | 4.7% | 3,150,000 | 0% | 0.61% | $6,237,000 |
| DIMENSIONAL FUND ADVISORS LP | 4.2% | 2,819,274 | -7.1% | 0% | $5,582,329 |
| READYSTATE ASSET MANAGEMENT LP | 3.8% | 2,551,997 | +7.7% | 0.22% | $5,052,954 |
| Solas Capital Management, LLC | 2.4% | 1,607,315 | -2.6% | 1.8% | $3,182,484 |
| AMERICAN CENTURY COMPANIES INC | 1.7% | 1,158,077 | +1.9% | 0% | $2,292,992 |
| Diameter Capital Partners LP | 1.6% | 1,100,397 | 0.23% | $2,178,786 | |
| BlackRock, Inc. | 1.6% | 1,040,717 | +1.8% | 0% | $2,060,620 |
| WELLS FARGO & COMPANY/MN | 1.3% | 894,700 | -25% | 0% | $1,771,506 |
| D. E. Shaw & Co., Inc. | 1.3% | 885,918 | -15% | 0% | $1,754,118 |
| VANGUARD GROUP INC | 1.2% | 828,440 | -0.2% | 0% | $1,640,311 |
| BARCLAYS PLC | 1.1% | 739,335 | +5495% | 0% | $1,463,883 |
| WHITEBOX ADVISORS LLC | 1% | 686,019 | +28% | 0.02% | $1,358,318 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.84% | 561,001 | +2.7% | 0% | $1,111,136 |
| OPPENHEIMER & CO INC | 0.63% | 420,979 | -44% | 0.01% | $833,538 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.57% | 379,732 | +8.1% | 0.02% | $751,869 |
| AEGIS FINANCIAL CORP | 0.46% | 308,927 | -0.03% | 0.15% | $611,675 |
| Verition Fund Management LLC | 0.46% | 308,622 | +974% | 0% | $611,072 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.37% | 247,486 | -18% | 0% | $490,022 |
| MORGAN STANLEY | 0.34% | 227,102 | -45% | 0% | $449,662 |
| STATE STREET CORP | 0.32% | 216,113 | +5.3% | 0% | $427,904 |
| GSA CAPITAL PARTNERS LLP | 0.28% | 190,774 | -9.6% | 0.03% | $378,000 |
| CITADEL ADVISORS LLC | 0.28% | 185,885 | -49% | 0% | $368,052 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 47,532,101 | $94,125,435 | -$1,961,208 | $1.98 | 74 |
| 2025 Q3 | 48,058,784 | $138,405,049 | -$14,945,704 | $2.88 | 85 |
| 2025 Q2 | 52,229,123 | $182,832,536 | -$2,689,703 | $3.50 | 102 |
| 2025 Q1 | 52,531,885 | $323,098,247 | -$1,625,185 | $6.15 | 112 |
| 2024 Q4 | 52,760,520 | $342,943,781 | -$4,546,309 | $6.50 | 124 |
| 2024 Q3 | 53,161,510 | $360,185,883 | +$13,059,990 | $6.77 | 133 |
| 2024 Q2 | 54,412,290 | $464,803,384 | -$9,803,481 | $8.54 | 141 |
| 2024 Q1 | 39,122,070 | $389,317,727 | -$14,226,937 | $9.95 | 123 |
| 2023 Q4 | 57,065,301 | $540,816,838 | -$9,183,398 | $9.48 | 119 |
| 2023 Q3 | 58,056,670 | $498,211,166 | +$21,217,994 | $8.58 | 115 |
| 2023 Q2 | 55,734,470 | $449,837,746 | +$8,042,222 | $8.07 | 121 |
| 2023 Q1 | 53,691,678 | $524,822,214 | +$1,357,465 | $9.78 | 132 |
| 2022 Q4 | 53,405,501 | $621,645,475 | +$15,619,679 | $11.64 | 142 |
| 2022 Q3 | 51,747,985 | $636,999,318 | +$38,287,854 | $12.30 | 146 |
| 2022 Q2 | 48,506,880 | $638,019,378 | -$11,517,619 | $13.15 | 132 |
| 2022 Q1 | 49,594,484 | $692,046,754 | -$5,651,262 | $13.95 | 128 |
| 2021 Q4 | 50,127,041 | $601,002,929 | +$13,044,049 | $11.99 | 125 |
| 2021 Q3 | 48,908,046 | $566,870,272 | +$6,574,217 | $11.59 | 120 |
| 2021 Q2 | 48,198,778 | $614,509,315 | -$14,493,027 | $12.75 | 122 |
| 2021 Q1 | 49,086,394 | $706,735,501 | -$10,025,542 | $14.39 | 115 |
| 2020 Q4 | 50,137,624 | $513,981,241 | +$6,081,580 | $10.25 | 109 |
| 2020 Q3 | 49,040,253 | $323,673,434 | -$14,424,852 | $6.60 | 105 |
| 2020 Q2 | 51,096,201 | $416,835,462 | +$3,695,724 | $8.16 | 105 |
| 2020 Q1 | 50,732,882 | $367,458,066 | -$10,137,099 | $7.24 | 108 |
| 2019 Q4 | 51,062,513 | $628,029,122 | -$14,033,321 | $12.30 | 132 |
| 2019 Q3 | 52,181,586 | $654,356,370 | -$6,377,445 | $12.54 | 132 |
| 2019 Q2 | 52,286,617 | $808,725,953 | +$15,844,925 | $15.47 | 153 |
| 2019 Q1 | 51,437,495 | $695,040,942 | +$24,499,734 | $13.51 | 143 |
| 2018 Q4 | 49,755,611 | $519,430,042 | -$6,378,313 | $10.44 | 133 |
| 2018 Q3 | 49,775,283 | $836,278,214 | -$884,708 | $16.80 | 134 |
| 2018 Q2 | 48,777,675 | $853,500,970 | -$823,797 | $17.50 | 115 |
| 2018 Q1 | 50,112,760 | $623,890,405 | +$1,279,080 | $12.45 | 113 |
| 2017 Q4 | 49,910,675 | $713,702,793 | -$23,487,602 | $14.30 | 108 |
| 2017 Q3 | 51,730,720 | $613,000,172 | -$8,278,207 | $11.85 | 98 |
| 2017 Q2 | 52,446,806 | $603,142,113 | -$788,519 | $11.50 | 99 |
| 2017 Q1 | 52,537,759 | $614,692,000 | +$7,645,283 | $11.70 | 99 |
| 2016 Q4 | 52,395,400 | $557,966,000 | -$2,352,702 | $10.65 | 95 |
| 2016 Q3 | 52,801,366 | $447,201,576 | +$131,014,811 | $8.47 | 99 |
| 2016 Q2 | 37,379,667 | $298,280,543 | -$285,481 | $7.98 | 105 |
| 2016 Q1 | 37,308,295 | $352,529,633 | -$13,599,265 | $9.45 | 102 |
| 2015 Q4 | 38,752,880 | $350,773,403 | -$143,173,051 | $9.05 | 97 |
| 2015 Q3 | 54,547,156 | $547,144,989 | +$3,638,840 | $10.03 | 90 |
| 2015 Q2 | 53,663,294 | $734,102,051 | +$15,162,527 | $13.68 | 97 |
| 2015 Q1 | 52,508,224 | $805,504,000 | +$15,307,819 | $15.36 | 94 |
| 2014 Q4 | 52,216,350 | $641,943,025 | -$3,735,001 | $12.29 | 79 |
| 2014 Q3 | 37,118,020 | $361,900,000 | -$5,524,453 | $9.75 | 62 |
| 2014 Q2 | 37,668,539 | $395,500,000 | -$1,547,782 | $10.50 | 54 |
| 2014 Q1 | 38,605,623 | $289,599,000 | +$60,358,775 | $7.50 | 61 |