CUSIP 588056101
MERCER INTL INC
139 institutions · $122.1M total · 53,244,434 shares
| # | Manager | Shares | Value | % of Total | Period |
|---|---|---|---|---|---|
| 1 | IAT REINSURANCE CO LTD. | 17,220,000 | $34.1M | 32.34% | 2025-12-31 |
| 2 | REDWOOD CAPITAL MANAGEMENT, LLC | 4,648,133 | $9.2M | 8.72% | 2025-12-31 |
| 3 | Boundary Creek Advisors LP | 2,333,375 | $8.2M | 4.38% | 2025-06-30 |
| 4 | TORONTO DOMINION BANK | 3,300,000 | $6.5M | 6.19% | 2025-12-31 |
| 5 | DIMENSIONAL FUND ADVISORS LP | 2,684,887 | $5.3M | 5.04% | 2025-12-31 |
| 6 | READYSTATE ASSET MANAGEMENT LP | 2,551,997 | $5.1M | 4.79% | 2025-12-31 |
| 7 | Atlas FRM LLC | 2,045,023 | $4.0M | 3.84% | 2025-12-31 |
| 8 | Keeley-Teton Advisors, LLC | 599,601 | $3.7M | 1.12% | 2025-03-31 |
| 9 | Gates Capital Management, Inc. | 1,003,824 | $3.5M | 1.88% | 2025-06-30 |
| 10 | Solas Capital Management, LLC | 1,607,315 | $3.2M | 3.01% | 2025-12-31 |
| 11 | HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 496,830 | $3.1M | 0.93% | 2025-03-31 |
| 12 | CenterBook Partners LP | 395,125 | $2.4M | 0.74% | 2025-03-31 |
| 13 | AMERICAN CENTURY COMPANIES INC | 1,158,077 | $2.3M | 2.17% | 2025-12-31 |
| 14 | Diameter Capital Partners LP | 1,100,397 | $2.2M | 2.06% | 2025-12-31 |
| 15 | GABELLI FUNDS LLC | 515,429 | $1.8M | 0.96% | 2025-06-30 |
| 16 | WELLS FARGO & COMPANY/MN | 894,700 | $1.8M | 1.68% | 2025-12-31 |
| 17 | BARCLAYS PLC | 738,587 | $1.5M | 1.38% | 2025-12-31 |
| 18 | WHITEBOX ADVISORS LLC | 686,019 | $1.4M | 1.28% | 2025-12-31 |
| 19 | BlackRock, Inc. | 608,096 | $1.2M | 1.14% | 2025-12-31 |
| 20 | VANGUARD GROUP INC | 595,945 | $1.2M | 1.11% | 2025-12-31 |
| 21 | GEODE CAPITAL MANAGEMENT, LLC | 470,834 | $932.6K | 0.88% | 2025-12-31 |
| 22 | D. E. Shaw & Co., Inc. | 451,975 | $894.9K | 0.84% | 2025-12-31 |
| 23 | AQR CAPITAL MANAGEMENT LLC | 245,536 | $859.4K | 0.46% | 2025-06-30 |
| 24 | OPPENHEIMER & CO INC | 420,979 | $833.5K | 0.79% | 2025-12-31 |
| 25 | Legal & General Group Plc | 78,622 | $782.3K | 0.14% | 2025-03-31 |
| 26 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 124,020 | $762.7K | 0.23% | 2025-03-31 |
| 27 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 379,732 | $751.9K | 0.71% | 2025-12-31 |
| 28 | AEGIS FINANCIAL CORP | 308,927 | $611.7K | 0.58% | 2025-12-31 |
| 29 | Verition Fund Management LLC | 308,622 | $611.1K | 0.57% | 2025-12-31 |
| 30 | DEUTSCHE BANK AG\ | 59,984 | $596.8K | 0.11% | 2025-06-30 |
| 31 | WOLVERINE ASSET MANAGEMENT LLC | 298,400 | $590.8K | 0.56% | 2025-12-31 |
| 32 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 247,486 | $490.0K | 0.46% | 2025-12-31 |
| 33 | TWO SIGMA INVESTMENTS, LP | 136,913 | $479.2K | 0.25% | 2025-06-30 |
| 34 | Jump Financial, LLC | 153,666 | $442.6K | 0.28% | 2025-09-30 |
| 35 | ARISTEIA CAPITAL, L.L.C. | 69,650 | $428.3K | 0.13% | 2025-03-31 |
| 36 | STATE STREET CORP | 216,113 | $427.9K | 0.40% | 2025-12-31 |
| 37 | Trexquant Investment LP | 120,274 | $421.0K | 0.22% | 2025-06-30 |
| 38 | AMERIPRISE FINANCIAL INC | 66,200 | $407.1K | 0.12% | 2025-03-31 |
| 39 | MORGAN STANLEY | 190,500 | $377.2K | 0.35% | 2025-12-31 |
| 40 | CITADEL ADVISORS LLC | 185,885 | $368.1K | 0.34% | 2025-12-31 |
| 41 | Assenagon Asset Management S.A. | 184,717 | $365.7K | 0.34% | 2025-12-31 |
| 42 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 36,037 | $307.8K | 0.06% | 2025-03-31 |
| 43 | XTX Topco Ltd | 105,933 | $305.1K | 0.19% | 2025-09-30 |
| 44 | Cerity Partners LLC | 150,080 | $297.2K | 0.28% | 2025-12-31 |
| 45 | Merrion Investment Management Co, LLC | 150,000 | $297.0K | 0.28% | 2025-12-31 |
| 46 | Cubist Systematic Strategies, LLC | 101,203 | $291.5K | 0.19% | 2025-09-30 |
| 47 | PDT Partners, LLC | 99,982 | $287.9K | 0.18% | 2025-09-30 |
| 48 | Empowered Funds, LLC | 142,619 | $282.4K | 0.26% | 2025-12-31 |
| 49 | Semanteon Capital Management, LP | 45,339 | $278.8K | 0.08% | 2025-03-31 |
| 50 | EntryPoint Capital, LLC | 76,035 | $266.1K | 0.14% | 2025-06-30 |
| 51 | FOX RUN MANAGEMENT, L.L.C. | 37,514 | $230.7K | 0.07% | 2025-03-31 |
| 52 | GOLDMAN SACHS GROUP INC | 109,935 | $217.7K | 0.20% | 2025-12-31 |
| 53 | TUDOR INVESTMENT CORP ET AL | 74,153 | $213.6K | 0.13% | 2025-12-31 |
| 54 | Graham Capital Management, L.P. | 106,255 | $210.4K | 0.19% | 2025-12-31 |
| 55 | NORTHERN TRUST CORP | 105,321 | $208.5K | 0.19% | 2025-12-31 |
| 56 | WEALTHEDGE INVESTMENT ADVISORS, LLC | 71,584 | $206.2K | 0.13% | 2025-09-30 |
| 57 | OXFORD ASSET MANAGEMENT LLP | 70,935 | $204.3K | 0.13% | 2025-09-30 |
| 58 | GAMCO INVESTORS, INC. ET AL | 68,795 | $198.1K | 0.12% | 2025-09-30 |
| 59 | State of Wyoming | 53,656 | $187.8K | 0.10% | 2025-06-30 |
| 60 | Walleye Trading LLC | 52,500 | $183.8K | 0.09% | 2025-06-30 |
| 61 | SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | 52,270 | $182.9K | 0.09% | 2025-06-30 |
| 62 | Susquehanna Portfolio Strategies, LLC | 88,938 | $176.1K | 0.16% | 2025-12-31 |
| 63 | JANE STREET GROUP, LLC | 86,353 | $171.0K | 0.16% | 2025-12-31 |
| 64 | Brevan Howard Capital Management LP | 59,007 | $169.9K | 0.11% | 2025-09-30 |
| 65 | Magnetar Financial LLC | 26,490 | $162.9K | 0.04% | 2025-03-31 |
| 66 | Aigen Investment Management, LP | 25,239 | $155.2K | 0.04% | 2025-03-31 |
| 67 | SHUFRO ROSE & CO LLC | 71,300 | $141.2K | 0.13% | 2025-12-31 |
| 68 | Benefit Street Partners LLC | 63,685 | $126.1K | 0.11% | 2025-12-31 |
| 69 | Centiva Capital, LP | 60,872 | $120.5K | 0.11% | 2025-12-31 |
| 70 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 39,500 | $113.8K | 0.07% | 2025-09-30 |
| 71 | Qube Research & Technologies Ltd | 51,970 | $102.9K | 0.09% | 2025-12-31 |
| 72 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 42,610 | $96.3K | 0.08% | 2025-12-31 |
| 73 | UBS Group AG | 47,457 | $94.0K | 0.08% | 2025-12-31 |
| 74 | Point72 Asia (Singapore) Pte. Ltd. | 26,764 | $93.7K | 0.05% | 2025-06-30 |
| 75 | WOLVERINE TRADING, LLC | 30,100 | $87.0K | 0.05% | 2025-09-30 |
| 76 | IEQ CAPITAL, LLC | 24,302 | $85.1K | 0.04% | 2025-06-30 |
| 77 | Pictet Asset Management Holding SA | 23,717 | $83.0K | 0.04% | 2025-06-30 |
| 78 | Quadrature Capital Ltd | 37,009 | $73.3K | 0.06% | 2025-12-31 |
| 79 | Corton Capital Inc. | 19,459 | $68.1K | 0.03% | 2025-06-30 |
| 80 | Net Worth Advisory Group | 34,358 | $68.0K | 0.06% | 2025-12-31 |
| 81 | Walleye Capital LLC | 23,500 | $67.7K | 0.04% | 2025-09-30 |
| 82 | Invesco Ltd. | 32,725 | $64.8K | 0.06% | 2025-12-31 |
| 83 | HSBC HOLDINGS PLC | 22,424 | $63.7K | 0.04% | 2025-09-30 |
| 84 | Beacon Pointe Advisors, LLC | 31,819 | $63.0K | 0.05% | 2025-12-31 |
| 85 | Engineers Gate Manager LP | 31,033 | $61.4K | 0.05% | 2025-12-31 |
| 86 | TWO SIGMA SECURITIES, LLC | 15,749 | $55.1K | 0.02% | 2025-06-30 |
| 87 | RENAISSANCE TECHNOLOGIES LLC | 27,511 | $54.5K | 0.05% | 2025-12-31 |
| 88 | JPMORGAN CHASE & CO | 25,380 | $50.3K | 0.04% | 2025-12-31 |
| 89 | Banco BTG Pactual S.A. | 24,600 | $48.7K | 0.04% | 2025-12-31 |
| 90 | MILLENNIUM MANAGEMENT LLC | 22,158 | $43.9K | 0.04% | 2025-12-31 |
| 91 | Daytona Street Capital LLC | 20,000 | $39.6K | 0.03% | 2025-12-31 |
| 92 | RAYMOND JAMES FINANCIAL INC | 13,642 | $39.3K | 0.02% | 2025-09-30 |
| 93 | R Squared Ltd | 18,868 | $37.4K | 0.03% | 2025-12-31 |
| 94 | CITIGROUP INC | 17,556 | $34.8K | 0.03% | 2025-12-31 |
| 95 | TWO SIGMA ADVISERS, LP | 11,600 | $33.4K | 0.02% | 2025-09-30 |
| 96 | LPL Financial LLC | 16,558 | $32.8K | 0.03% | 2025-12-31 |
| 97 | GROUP ONE TRADING LLC | 8,753 | $30.6K | 0.01% | 2025-06-30 |
| 98 | KESTRA PRIVATE WEALTH SERVICES, LLC | 13,500 | $26.7K | 0.02% | 2025-12-31 |
| 99 | Squarepoint Ops LLC | 12,077 | $23.9K | 0.02% | 2025-12-31 |
| 100 | Quantbot Technologies LP | 7,838 | $22.6K | 0.01% | 2025-09-30 |
| 101 | AXQ CAPITAL, LP | 10,985 | $21.8K | 0.02% | 2025-12-31 |
| 102 | Joel Isaacson & Co., LLC | 10,000 | $19.8K | 0.01% | 2025-12-31 |
| 103 | NEW YORK STATE COMMON RETIREMENT FUND | 1,692 | $19.7K | 0.00% | 2025-09-30 |
| 104 | Arax Advisory Partners | 9,400 | $18.6K | 0.01% | 2025-12-31 |
| 105 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 8,741 | $17.3K | 0.01% | 2025-12-31 |
| 106 | FMR LLC | 7,301 | $14.5K | 0.01% | 2025-12-31 |
| 107 | Royal Bank of Canada | 5,900 | $12.0K | 0.01% | 2025-12-31 |
| 108 | BANK OF AMERICA CORP /DE/ | 3,223 | $9.3K | 0.00% | 2025-12-31 |
| 109 | Caitong International Asset Management Co., Ltd | 2,063 | $7.2K | 0.00% | 2025-06-30 |
| 110 | NATIONAL BANK OF CANADA /FI/ | 3,200 | $6.3K | 0.00% | 2025-12-31 |
| 111 | ARMSTRONG ADVISORY GROUP, INC | 1,837 | $5.3K | 0.00% | 2025-09-30 |
| 112 | Zurcher Kantonalbank (Zurich Cantonalbank) | 2,549 | $5.0K | 0.00% | 2025-12-31 |
| 113 | TD Waterhouse Canada Inc. | 1,700 | $3.4K | 0.00% | 2025-12-31 |
| 114 | RHUMBLINE ADVISERS | 1,325 | $2.6K | 0.00% | 2025-12-31 |
| 115 | Brooklyn Investment Group | 247 | $1.5K | 0.00% | 2025-06-30 |
| 116 | Olistico Wealth, LLC | 755 | $1.5K | 0.00% | 2025-12-31 |
| 117 | BNP PARIBAS FINANCIAL MARKETS | 469 | $929 | 0.00% | 2025-12-31 |
| 118 | Clearstead Advisors, LLC | 237 | $830 | 0.00% | 2025-06-30 |
| 119 | SBI Securities Co., Ltd. | 411 | $814 | 0.00% | 2025-12-31 |
| 120 | PNC Financial Services Group, Inc. | 348 | $689 | 0.00% | 2025-12-31 |
| 121 | MAI Capital Management | 159 | $557 | 0.00% | 2025-06-30 |
| 122 | EverSource Wealth Advisors, LLC | 168 | $484 | 0.00% | 2025-09-30 |
| 123 | GSA CAPITAL PARTNERS LLP | 190,774 | $378 | 0.35% | 2025-12-31 |
| 124 | Allworth Financial LP | 87 | $305 | 0.00% | 2025-06-30 |
| 125 | Tower Research Capital LLC (TRC) | 44 | $154 | 0.00% | 2025-06-30 |
| 126 | OSAIC HOLDINGS, INC. | 75 | $148 | 0.00% | 2025-12-31 |
| 127 | True Wealth Design, LLC | 51 | $147 | 0.00% | 2025-09-30 |
| 128 | ALGERT GLOBAL LLC | 45,180 | $130 | 0.08% | 2025-09-30 |
| 129 | IFP Advisors, Inc | 0 | $124 | 0.00% | 2025-12-31 |
| 130 | Farther Finance Advisors, LLC | 44 | $87 | 0.00% | 2025-12-31 |
| 131 | Point72 (DIFC) Ltd | 30 | $86 | 0.00% | 2025-09-30 |
| 132 | Virtu Financial LLC | 21,906 | $77 | 0.04% | 2025-06-30 |
| 133 | ACADIAN ASSET MANAGEMENT LLC | 26,868 | $52 | 0.05% | 2025-12-31 |
| 134 | PRICE T ROWE ASSOCIATES INC /MD/ | 17,659 | $35 | 0.03% | 2025-12-31 |
| 135 | Intesa Sanpaolo S.p.A. | 14 | $28 | 0.00% | 2025-12-31 |
| 136 | SIGNATUREFD, LLC | 7 | $20 | 0.00% | 2025-09-30 |
| 137 | CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | $0 | 0.00% | 2025-06-30 |
| 138 | SHELL ASSET MANAGEMENT CO | 0 | $0 | 0.00% | 2025-09-30 |
| 139 | CWM, LLC | 23 | $0 | 0.00% | 2025-12-31 |