Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Mercer Intl Inc (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
↓ -1
Streak
7Q ▼
Buyers last Q
49%

Smart Money Signals — MERC

Based on 75 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 7 quarters in a row

last 6Q
For 7 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 75 funds hold MERC today versus a peak of 142 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 — 35% fewer funds vs a year ago

fund count last 6Q
40 fewer hedge funds hold MERC compared to a year ago (-35% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 49% buying

35 buying36 selling
Last quarter: 36 funds reduced or exited vs 35 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~15 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 17 → 8 → 11 → 15. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 17% medium ■ 17% new
49 out of 75 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 +0%, value -29%

Value
-28%
Shares
+0%
Last quarter: funds added +0% more shares while total portfolio value only changed -29%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~15 new funds/quarter

16 → 17 → 8 → 11 → 15 new funds/Q
New funds entering each quarter: 17 → 8 → 11 → 15. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 70% veterans vs 18% newcomers

■ 70% veterans ■ 12% 1-2yr ■ 18% new
Entry-cohort mix of 76 holders: 53 (70%) are 2+ year veterans, 9 entered 1–2 years ago, and 14 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 23% AUM from major funds

23% from top-100 AUM funds
21 of 74 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
1.1
out of 10
Low Exit Risk
Exit risk score 1.1/10 — 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 2026 Q1, 35 hedge funds were net buyers of MERC (15 opened a new position, 20 added to an existing one), while 36 reduced or exited (20 trimmed, 16 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. This extends a 7-quarter selling streak, suggesting sustained institutional caution. 23% of total institutional value in MERC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 75.

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

-- --

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

Is It Too Late to Buy Mercer Intl Inc (MERC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much MERC has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 85d ago
MERC
-48.9%
SPY
+14.9%

MERC outperformed SPY by -63.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
MERC
-10.3%
SPY
+1.1%

Since the filing became public, MERC outperformed SPY by -11.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: MERC
75 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 75 76 -1.32%
13F Shares 48M 48M 0.29%
Total Value $68M $95M -28.86%
New Positions 15 11 +4
Increased Positions 19 23 -4
Closed Positions 16 24 -8
Reduced Positions 20 28 -8
Total Calls 1 2 -50.0%
Total Puts 1 2 -50.0%
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: MERC

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

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.

QUARTER:
Top 25 MERC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Iat Reinsurance Co LTD. 7.90% 17,220,000 $24.5M
2 Benefit Street Partners LLC 1.29% 787,371 $1.1M
3 Redwood Capital Management, LLC 0.98% 4,648,133 $6.6M
4 Solas Capital Management, LLC 0.65% 790,338 $1.1M
5 Atlas FRM LLC 0.29% 3,150,000 $4.5M
6 Merrion Investment Management Co, LLC 0.11% 150,000 $213K
7 Readystate Asset Management LP 0.09% 1,383,838 $2.0M
8 Aegis Financial Corp 0.08% 308,927 $439K
9 R Squared Ltd 0.02% 29,971 $43K
10 Daytona Street Capital LLC 0.02% 20,000 $28K
11 Whitebox Advisors LLC 0.02% 1,057,658 $1.5M
12 Bridgeway Capital Management, LLC 0.01% 388,849 $552K
13 Net Worth Advisory Group 0.01% 32,581 $46K
14 Toronto Dominion Bank 0.01% 3,300,000 $4.7M
15 Shufro Rose & Co LLC 0.01% 54,500 $77K
16 Graham Capital Management, L.P. 0.00% 135,587 $193K
17 Verition Fund Management LLC 0.00% 408,317 $580K
18 XTX Topco Ltd 0.00% 63,466 $90K
19 Empowered Funds, LLC 0.00% 151,736 $215K
20 Barclays plc 0.00% 3,320,081 $4.7M
21 Oppenheimer & Co Inc 0.00% 62,879 $89K
22 Susquehanna Portfolio Strategies, LLC 0.00% 48,961 $70K
23 Engineers Gate Manager LP 0.00% 51,989 $74K
24 American Century Companies Inc 0.00% 1,012,593 $1.4M
25 Wolverine Asset Management LLC 0.00% 39,400 $56K
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 (MERC)

What does the Smart Money Trend signal show for MERC?

Selling streak — 7 quarters in a row: For 7 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?

More sellers than buyers — 49% buying: Last quarter: 36 funds reduced or exited vs 35 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for MERC holders?

Strong quality — 23% AUM from major funds: 21 of 74 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held MERC?

65% of holders stayed for 2+ years: 49 out of 75 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.

Is it too late to buy Mercer Intl Inc (MERC) following the 2026 Q1 hedge fund 13F filings?

As of today, MERC has moved -10.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -11.4%. Since the quarter end (March 31, 2026), MERC has gained -48.9% vs +14.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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