Mercer International Inc. (MERC)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Iat Reinsurance Co Ltd.	16,480,000	$107,120,000	22.61%
2.	Boundary Creek Advisors Lp	4,236,054	$27,534,351	1.79%
3.	Dimensional Fund Advisors Lp	3,453,831	$22,449,909	0%
4.	Toronto Dominion Bank	3,300,000	$21,450,000	0.03%
5.	Atlas Frm Llc	3,150,000	$20,475,001	1.93%