$MERC

$0.12 -$0.00 (3.71%) Close

$MERC Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 67.0M shares outstanding

Who owns MERC?

By type of holder

Institutions 63.8% Insiders 0.7% Everyone else 35.4%

Concentration Top 10 holders own 94.1%

Peter R. Kellogg 40.2% · Iat Reinsurance Co LTD. 27.2%

Institutional ownership

63.8%

-8.1 pts vs last qtr

Institutional holders

-9 vs last qtr

Net shares bought

−5.4M

by institutions in Q2 2026

New / sold out

7 / 16

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Iat Reinsurance Co LTD. +1.0M
Barclays PLC +630.9K

Biggest sellers in Q2 2026

Atlas FRM LLC −2.6M
Readystate Asset Management LP −1.4M

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Mercer International Inc in the last 12 months.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+2.8%

+0.31% a year

Each share's claim on the business

−2.7%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$916K vs $36.7M

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years76% 3–5 years6% 1–3 years13% Under 1 year6%

Quarterly turnover

11.7%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting MERC on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
IR Iat Reinsurance Co LTD.	18.2M	27.19%	+1.0M (+5.8%)	≤2021	0.3%
Shares held by quarter Peak holding18.2M (Q2'26) Change over 8 quarters+1.7M Share of the company27.190% Iat Reinsurance Co LTD.'s full portfolio →
RC Redwood Capital Management, LLC	4.6M	6.94%	Unchanged	≤2021	0.3%
Shares held by quarter Peak holding4.6M (Q3'25) Change over 8 quarters+2.9M Share of the company6.940% Redwood Capital Management, LLC's full portfolio →

Iat Reinsurance Co LTD.

18.2M

% of company

27.19%

Change vs last qtr

+1.0M (+5.8%)

Held since

≤2021

Redwood Capital Management, LLC

4.6M

% of company

6.94%

Change vs last qtr

Unchanged

Held since

≤2021

28 more super investors behind a free account

See every manager holding Mercer International Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting MERC on Form N-PORT; together they hold 7.9% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
AU Avantis U.S. Small Cap Value ETF American Century ETF Trust	$1.69M	941.3K	1.40%	0.01%	February 28, 2026
VE Vanguard Extended Market Index Fund Vanguard Index Funds	$314K	475.9K	0.71%	0.00%	June 30, 2026

Avantis U.S. Small Cap Value ETF

American Century ETF Trust

Position value

$1.69M

% of company

1.40%

% of the fund

0.01%

As of

February 28, 2026

Vanguard Extended Market Index Fund

Vanguard Index Funds

Position value

$314K

% of company

0.71%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Mercer International Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
PR Peter R. Kellogg 5%+ holder 13D · 40.3%	27.0M	40.21%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company40.210% Disclosed stake13D · 40.3% View the 13D/G filing →
SJ Shepherd James Insider	133.5K	0.20%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.200% Shepherd James's insider activity →

Peter R. Kellogg

5%+ holder13D · 40.3%

27.0M

% of company

40.21%

Change vs last qtr

—

Held since

—

Shepherd James

Insider

133.5K

% of company

0.20%

Change vs last qtr

—

Held since

—

9 more holders behind a free account

See every insider and 5%+ holder of Mercer International Inc.

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