Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

MERCER INTL INC COM (MERC)

75 + Investors. Track Smart Money conviction in MERC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -14
Streak
6Q ▼
Buyers last Q
39%

Smart Money Signals — MERC

Based on 72 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds reduced or closed their MERC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 53% of 3.0Y high

53% of all-time peak
Only 72 funds hold MERC today versus a peak of 136 funds at 2024 Q2 — just 53% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 41% fewer funds vs a year ago

fund count last 6Q
50 fewer hedge funds hold MERC compared to a year ago (-41% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 39% buying

33 buying52 selling
Last quarter: 52 funds sold vs only 33 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 16 → 16 → 8 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

74% of holders stayed for 2+ years

■ 74% conviction (2yr+) ■ 14% medium ■ 12% new
53 out of 72 hedge funds have held MERC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -1%, value -94%

Value
-94%
Shares
-1%
Last quarter: funds added -1% more shares while total portfolio value only changed -94%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
⚠️

Saturation — most institutions already know this story

17 → 16 → 16 → 8 → 10 new funds/Q
New funds entering each quarter: 16 → 16 → 8 → 10. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Deep conviction — 79% of holders stayed 2+ years

■ 79% veterans ■ 8% 1-2yr ■ 13% new
Of 75 current holders: 59 (79%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 18% AUM from top-100

18% from top-100 AUM funds
20 of 72 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
1.5
out of 10
Low Exit Risk
Exit risk score 1.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MERC

In 2025 Q4, 33 hedge funds were net buyers of MERC (10 opened a new position, 23 added to an existing one), while 52 reduced or exited (28 trimmed, 24 sold completely) — a 39% buyer ratio, indicating net institutional distribution. This extends a 6-quarter selling streak, suggesting sustained institutional caution. Net fund flow last quarter: -14 funds (more exits than new entries). Total institutional holders: 72.

Hedge Fund Ownership: MERC

How many hedge funds hold MERC — quarterly history vs. share price
Quarterly hedge fund ownership of MERC vs. share price

Market Analysis: MERC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MERC

Basic Materials Paper & Paper Products

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

16 top-rated funds 0 high-conviction
Consensus
5.3
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: MERC
2026 Q1 Stats Unlock in 7 days 75 + Investors

Track Smart Money conviction in MERC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 75 93 -19.35%
13F Shares 48M 49M -1.3%
Total Value $95M $1.68B -94.35%
New Positions 10 8 +2
Increased Positions 30 44 -14
Closed Positions 27 28 -1
Reduced Positions 32 42 -10
Total Calls 2 5 -60.0%
Total Puts 2 4 -50.0%
PUT/CALL Ratio 1.0 0.8 Neutral

Statistics: MERC

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Financial Highlights

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Institutional Holders (2026 Q1)

75 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MERC. Verified SEC 13F-HR filings.

Top 25 institutional holders of MERC — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Benefit Street Partners LLC 1.29% 787,371 $1.1M
2 Merrion Investment Management Co, LLC 0.11% 150,000 $213K
3 GSA CAPITAL PARTNERS LLP 0.04% 505,490 —
4 R Squared Ltd 0.02% 29,971 $43K
5 Daytona Street Capital LLC 0.02% 20,000 $28K
6 Net Worth Advisory Group 0.01% 32,581 $46K
7 OPPENHEIMER & CO INC 0.00% 62,879 $89K
8 WOLVERINE ASSET MANAGEMENT LLC 0.00% 39,400 $56K
9 Olistico Wealth, LLC 0.00% 755 $1K
10 Joel Isaacson & Co., LLC 0.00% 10,000 $14K
11 WOLVERINE ASSET MANAGEMENT LLC 0.00% 26,700 $38K
12 WELLS FARGO & COMPANY/MN 0.00% 1,056,790 $1.5M
13 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% 16,000 $23K
14 FRANKLIN RESOURCES INC 0.00% 787,371 $1.1M
15 Assenagon Asset Management S.A. 0.00% 58,894 $84K
16 VANGUARD FIDUCIARY TRUST CO 0.00% 217,648 $309K
17 UBS Group AG 0.00% 174,070 $247K
18 TD Waterhouse Canada Inc. 0.00% 8,600 $12K
19 VANGUARD CAPITAL MANAGEMENT LLC 0.00% 477,644 $678K
20 SBI Securities Co., Ltd. 0.00% 411 —
21 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% 116,373 $165K
22 LPL Financial LLC 0.00% 16,558 $24K
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% 1,900 $3K
24 RHUMBLINE ADVISERS 0.00% 1,325 $2K
25 Farther Finance Advisors, LLC 0.00% 44 —
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — MERCER INTL INC COM (MERC)

What does the Smart Money Trend signal show for MERC?

Selling streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds reduced or closed their MERC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for MERC?

Heavy selling pressure — only 39% buying: Last quarter: 52 funds sold vs only 33 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for MERC holders?

Smaller funds dominant — 18% AUM from top-100: 20 of 72 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held MERC?

74% of holders stayed for 2+ years: 53 out of 72 hedge funds have held MERC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.