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	$156,230,400	28.88%
2.	Blackrock Inc.	4,865,245	$46,122,523	0%
3.	Boundary Creek Advisors Lp	4,042,109	$38,319,193	1.49%
4.	Dimensional Fund Advisors Lp	3,771,854	$35,757,451	0.01%
5.	Cowen And Company, Llc	3,300,000	$31,284,000	2.05%