Mercer International Inc. (MERC) Ownership

NASDAQ: MERCTop holders, insider trades and short interest.

MERC ownership summary

as of October 18, 2026
Institutions
38.0%
of shares outstanding
Insiders
41.86%
of shares outstanding
Shares outstanding
67.0M
Float
48.3M
shares available to trade
Short interest
13.88%
5.8M shares short
Days to cover
6.86
short interest up 5.3% vs prior month
  • Institutions 38.00%
  • Insiders 41.86%
  • Other investors 20.14%

MERC top institutional holders

20 largest
Mercer International Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1IAT REINSURANCE CO LTD27.19%18.2M$3.5M+1.0M (+5.8%)June 30, 2026
2Redwood Capital Management, LLC6.94%4.6M$883,145—June 30, 2026
3Barclays PLC5.90%4.0M$750,684+630,889 (+19.0%)June 30, 2026
4The Toronto-Dominion Bank4.92%3.3M$627,000—June 30, 2026
5Dimensional Fund Advisors, Inc.2.93%2.0M$373,037−590,732 (−23.1%)June 30, 2026
6Whitebox Advisors, LLC2.19%1.5M$279,060+411,080 (+38.9%)June 30, 2026
7BlackRock Inc1.80%1.2M$229,779+107,381 (+9.7%)June 30, 2026
8Benefit Street Partners L.L.C.1.17%787K$149,600—June 30, 2026
9Franklin Templeton Inc1.17%787K$149,600—June 30, 2026
10Atlas FRM LLC0.89%597K$113,390−2.6M (−81.1%)June 30, 2026
11D. E. Shaw & Co LP0.87%582K$110,649−32,862 (−5.3%)June 30, 2026
12GSA Capital Partners LLP0.86%575K$109,155+69,012 (+13.7%)June 30, 2026
13Geode Capital Management, LLC0.75%500K$95,079+22,191 (+4.6%)June 30, 2026
14Vanguard Capital Management, LLC0.71%476K$90,413−1,784 (−0.4%)June 30, 2026
15Verition Fund Managegment, LLC0.61%408K$77,580—June 30, 2026
16Aegis Financial Corporation0.46%309K$58,696—June 30, 2026
17Marshall Wace Asset Management Ltd0.43%288K$54,695+147,065 (+104.4%)June 30, 2026
18Vanguard Fiduciary Trust Co0.33%219K$41,692+1,784 (+0.8%)June 30, 2026
19Charles Schwab Investment Management Inc0.33%219K$41,602−30,288 (−12.2%)June 30, 2026
20State Street Corp0.32%216K$40,970−482 (−0.2%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 8 holders added 2.4M shares and 6 cut 3.2M.

MERC top mutual fund and ETF holders

20 largest
Mercer International Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Abante Quant Value FI0.46%309K$58,747—August 31, 2026
2DFA US Targeted Value I0.43%289K$54,963—August 31, 2026
3DFA US Small Cap Value I0.42%279K$52,980—August 31, 2026
4Aegis Value I0.39%264K$50,245—June 30, 2026
5Fidelity Extended Market Index0.35%233K$44,198−1,250 (−0.5%)August 31, 2026
6Dimensional US Targeted Value ETF0.30%199K$37,898—September 30, 2026
7Dimensional US Small Cap ETF0.24%162K$30,752—September 30, 2026
8DFA US Micro Cap I0.20%134K$25,487—August 31, 2026
9Dimensional US Small Cap Value ETF0.17%114K$21,740—September 24, 2026
10Vanguard Materials ETF0.17%114K$21,623+7,762 (+7.3%)September 30, 2026
11Fidelity Total Market Index0.12%80K$15,148—August 31, 2026
12Dimensional Global Trgtd Value USD Acc0.10%67K$12,637—August 31, 2026
13Dimensional US Core Equity 2 ETF0.10%66K$12,609—September 30, 2026
14Fidelity Series Total Market Index0.10%66K$12,601—August 31, 2026
15Vanguard Growth & Income Inv0.09%60K$11,415−6,726 (−10.1%)June 30, 2026
16DFA US Core Equity 2 I0.05%35K$6,742−8,494 (−19.3%)August 31, 2026
17Ostrica GAIF Guts & Quants Fund A0.05%35K$6,643—September 30, 2026
18DFA US Vector Equity I0.03%23K$4,449—August 31, 2026
19Dimensional Global Core Equity USD Acc0.03%18K$3,443—August 31, 2026
20DFA US Core Equity Class F0.02%16K$3,116—July 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

MERC insider transactions

latest 20
Mercer International Inc. insider transactions
DateNameTransactionPriceSharesValue
2026-02-25Alice LabergeBuy$1.901,000$1,900
2025-11-13Peter R KelloggBuy$1.73225,000$389,250
2025-11-12Peter R KelloggBuy$1.69295,000$498,550
2025-11-07Peter R KelloggBuy$1.7054,000$91,800
2025-11-06Peter R KelloggBuy$1.87130,000$243,100
2025-11-05Peter R KelloggBuy$1.9097,938$186,082
2025-11-04Peter R KelloggBuy$1.9336,602$70,642
2025-10-30Peter R KelloggBuy$2.0736,000$74,520
2025-10-30Peter R KelloggBuy$2.1125,160$53,088
2025-10-29Peter R KelloggBuy$2.2758,540$132,886
2025-10-28Peter R KelloggBuy$2.4449,478$120,726
2025-10-03Peter R KelloggBuy$2.796,822$19,033
2025-08-18Linda J WeltyBuy$3.0910,000$30,900
2025-08-07Alice LabergeBuy$2.992,000$5,980
2025-07-22Peter R KelloggBuy$3.25760,000$2.5M
2025-07-22Peter R KelloggBuy$3.3870,000$236,600
2025-06-11Estrada Juan Carlos BuenoBuy$3.778,000$30,160
2025-06-10Peter R KelloggBuy$3.7233,420$124,322
2025-06-09Peter R KelloggBuy$3.7558,400$219,000
2025-06-06Peter R KelloggBuy$3.6250,200$181,724

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

MERC shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns MERC

Institutional investors own 38.0% of Mercer International's shares and insiders 41.86%. The largest holder is IAT REINSURANCE CO LTD with 27.19% of the shares (18.2M), as of June 30, 2026. Among the top 20 institutions, 8 added shares and 6 reduced their stake in the latest filings. Short interest is 13.88% of the float, or 6.86 days of average trading volume. The share count rose 4.5% since 2014.

Related: MERC analyst forecast, MERC key metrics, MERC dividend history. See the MERC stock overview for the latest quote and news.

MERC ownership FAQ

Who owns the most Mercer International stock?

The largest shareholders of Mercer International are IAT REINSURANCE CO LTD (27.19%), Redwood Capital Management, LLC (6.94%), Barclays PLC (5.90%), The Toronto-Dominion Bank (4.92%), Dimensional Fund Advisors, Inc. (2.93%).

What percentage of Mercer International is owned by institutions?

Institutions hold 38.0% of Mercer International's shares outstanding; insiders hold 41.86%.

Which funds own Mercer International?

The largest fund holders of Mercer International are Abante Quant Value FI (0.46%), DFA US Targeted Value I (0.43%), DFA US Small Cap Value I (0.42%), Aegis Value I (0.39%), Fidelity Extended Market Index (0.35%).

What is Mercer International's short interest?

5.8M shares of Mercer International were sold short, 13.88% of the float; at the average daily volume it would take 6.86 days to cover.

Are insiders buying or selling Mercer International?

Of the latest 20 reported insider transactions in Mercer International (since June 6, 2025), 20 were purchases and 0 were sales.

How many shares of Mercer International are outstanding?

Mercer International has 67.0M shares outstanding, of which 48.3M are in the public float.

Paper & Paper Products: ownership