Mercer International Inc. (MERC)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Iat Reinsurance Co Ltd.	16,480,000	$101,352,000	21.16%
2.	Readystate Asset Management Lp	1,256,539	$7,727,715	0.26%
3.	Blackrock, Inc.	895,299	$5,506,089	0%
4.	Vanguard Group Inc	824,611	$5,071,358	0%
5.	Pictet Asset Management Holding Sa	572,889	$3,523,267	0%