MERCER INTL INC

Ticker: MERC CUSIP: 588056101 Class: COM

BRIDGEWAY CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001107261)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 379,732 Value ($000) $752 Avg Close $2.11 Range $1.48 - $2.96

Q3 2025

Shares 351,125 Value ($000) $1,011 Avg Close $3.30 Range $2.59 - $4.47

Q2 2025

Shares 249,135 Value ($000) $872 Avg Close $4.05 Range $3.13 - $6.05

Q1 2025

Shares 103,927 Value ($000) $639 Avg Close $6.50 Range $5.73 - $8.01

Q4 2024

Shares 281,357 Value ($000) $1,829 Avg Close $6.27 Range $5.69 - $7.08

Q3 2024

Shares 422,671 Value ($000) $2,861 Avg Close $6.54 Range $5.04 - $8.11

Q2 2024

Shares 543,233 Value ($000) $4,639 Avg Close $9.03 Range $7.72 - $10.49

Q1 2024

Shares 523,973 Value ($000) $5,214 Avg Close $8.32 Range $6.52 - $9.69

Q4 2023

Shares 505,248 Value ($000) $4,790 Avg Close $8.28 Range $7.05 - $9.33

Q3 2023

Shares 484,600 Value ($000) $4,158 Avg Close $7.88 Range $6.86 - $8.81

Q2 2023

Shares 467,536 Value ($000) $3,773 Avg Close $8.22 Range $6.74 - $9.04

Q1 2023

Shares 510,840 Value ($000) $4,993 Avg Close $10.14 Range $8.39 - $11.90

Q4 2022

Shares 646,100 Value ($000) $7,521 Avg Close $11.88 Range $10.18 - $13.36

Q3 2022

Shares 596,100 Value ($000) $7,332 Avg Close $13.12 Range $10.23 - $15.52

Q2 2022

Shares 521,100 Value ($000) $6,852 Avg Close $13.06 Range $11.20 - $15.14

Q1 2022

Shares 471,100 Value ($000) $6,572 Avg Close $11.30 Range $9.50 - $13.11

Q4 2021

Shares 471,100 Value ($000) $5,648 Avg Close $9.68 Range $8.29 - $10.60

Q3 2021

Shares 286,100 Value ($000) $3,316 Avg Close $10.06 Range $9.18 - $11.15

Q2 2021

Shares 286,100 Value ($000) $3,648 Avg Close $12.78 Range $10.58 - $15.65

Q1 2021

Shares 286,100 Value ($000) $4,117 Avg Close $11.45 Range $8.62 - $14.35

Q4 2020

Shares 331,100 Value ($000) $3,394 Avg Close $6.83 Range $4.92 - $9.18

Q3 2020

Shares 331,100 Value ($000) $2,185 Avg Close $6.47 Range $5.17 - $7.40

Q2 2020

Shares 331,100 Value ($000) $2,702 Avg Close $7.00 Range $5.66 - $8.74

Q1 2020

Shares 331,100 Value ($000) $2,397 Avg Close $8.24 Range $5.30 - $11.03

Q4 2019

Shares 356,100 Value ($000) $4,380 Avg Close $9.93 Range $8.58 - $10.72

Q3 2019

Shares 356,100 Value ($000) $4,465 Avg Close $10.15 Range $8.50 - $12.72

Q2 2019

Shares 441,100 Value ($000) $6,824 Avg Close $11.98 Range $10.81 - $14.12

Q1 2019

Shares 423,600 Value ($000) $5,723 Avg Close $10.85 Range $7.98 - $12.45

Q4 2018

Shares 406,200 Value ($000) $4,241 Avg Close $10.86 Range $7.38 - $14.93

Q3 2018

Shares 406,200 Value ($000) $6,824 Avg Close $13.50 Range $11.96 - $14.52

Q2 2018

Shares 406,200 Value ($000) $7,109 Avg Close $11.57 Range $9.37 - $13.74

Q1 2018

Shares 406,200 Value ($000) $5,057 Avg Close $10.28 Range $9.17 - $11.34

Q4 2017

Shares 386,200 Value ($000) $5,523 Avg Close $10.36 Range $8.82 - $11.31

Q3 2017

Shares 386,200 Value ($000) $4,576 Avg Close $8.37 Range $7.80 - $9.29

Q2 2017

Shares 386,200 Value ($000) $4,441 Avg Close $8.56 Range $8.09 - $9.38

Q1 2017

Shares 386,200 Value ($000) $4,519 Avg Close $8.62 Range $7.57 - $9.49

Q4 2016

Shares 366,200 Value ($000) $3,900 Avg Close $6.57 Range $5.50 - $7.86

Q3 2016

Shares 366,200 Value ($000) $3,102 Avg Close $5.94 Range $5.02 - $6.47

Q2 2016

Shares 366,200 Value ($000) $2,922 Avg Close $6.24 Range $5.02 - $7.33

Q1 2016

Shares 366,200 Value ($000) $3,461 Avg Close $5.61 Range $4.13 - $6.69

Q4 2015

Shares 366,200 Value ($000) $3,314 Avg Close $7.02 Range $6.04 - $8.01

Q3 2015

Shares 266,000 Value ($000) $2,668 Avg Close $7.99 Range $6.49 - $9.64

Q2 2015

Shares 157,100 Value ($000) $2,149 Avg Close $9.73 Range $8.82 - $10.82

Q1 2015

Shares 156,400 Value ($000) $2,402 Avg Close $9.13 Range $8.05 - $10.51

Q4 2014

Shares 144,100 Value ($000) $1,771 Avg Close $8.23 Range $6.27 - $9.55

Q3 2014

Shares 144,100 Value ($000) $1,405 Avg Close $6.97 Range $6.15 - $7.74

Q2 2014

Shares 144,100 Value ($000) $1,513 Avg Close $5.91 Range $4.80 - $7.15

Q1 2014

Shares 145,000 Value ($000) $1,088 Avg Close $6.19 Range $4.78 - $6.75

Q4 2013

Shares 144,100 Value ($000) $1,437 Avg Close $6.05 Range $4.78 - $7.16

Q3 2013

Shares 144,100 Value ($000) $1,022 Avg Close $4.69 Range $4.22 - $5.32

Q2 2013

Shares 144,100 Value ($000) $940 Avg Close $4.47 Range $3.98 - $4.80

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	379,732	$752	$2.11	$1.48 - $2.96
Q3 2025	351,125	$1,011	$3.30	$2.59 - $4.47
Q2 2025	249,135	$872	$4.05	$3.13 - $6.05
Q1 2025	103,927	$639	$6.50	$5.73 - $8.01
Q4 2024	281,357	$1,829	$6.27	$5.69 - $7.08
Q3 2024	422,671	$2,861	$6.54	$5.04 - $8.11
Q2 2024	543,233	$4,639	$9.03	$7.72 - $10.49
Q1 2024	523,973	$5,214	$8.32	$6.52 - $9.69
Q4 2023	505,248	$4,790	$8.28	$7.05 - $9.33
Q3 2023	484,600	$4,158	$7.88	$6.86 - $8.81
Q2 2023	467,536	$3,773	$8.22	$6.74 - $9.04
Q1 2023	510,840	$4,993	$10.14	$8.39 - $11.90
Q4 2022	646,100	$7,521	$11.88	$10.18 - $13.36
Q3 2022	596,100	$7,332	$13.12	$10.23 - $15.52
Q2 2022	521,100	$6,852	$13.06	$11.20 - $15.14
Q1 2022	471,100	$6,572	$11.30	$9.50 - $13.11
Q4 2021	471,100	$5,648	$9.68	$8.29 - $10.60
Q3 2021	286,100	$3,316	$10.06	$9.18 - $11.15
Q2 2021	286,100	$3,648	$12.78	$10.58 - $15.65
Q1 2021	286,100	$4,117	$11.45	$8.62 - $14.35
Q4 2020	331,100	$3,394	$6.83	$4.92 - $9.18
Q3 2020	331,100	$2,185	$6.47	$5.17 - $7.40
Q2 2020	331,100	$2,702	$7.00	$5.66 - $8.74
Q1 2020	331,100	$2,397	$8.24	$5.30 - $11.03
Q4 2019	356,100	$4,380	$9.93	$8.58 - $10.72
Q3 2019	356,100	$4,465	$10.15	$8.50 - $12.72
Q2 2019	441,100	$6,824	$11.98	$10.81 - $14.12
Q1 2019	423,600	$5,723	$10.85	$7.98 - $12.45
Q4 2018	406,200	$4,241	$10.86	$7.38 - $14.93
Q3 2018	406,200	$6,824	$13.50	$11.96 - $14.52
Q2 2018	406,200	$7,109	$11.57	$9.37 - $13.74
Q1 2018	406,200	$5,057	$10.28	$9.17 - $11.34
Q4 2017	386,200	$5,523	$10.36	$8.82 - $11.31
Q3 2017	386,200	$4,576	$8.37	$7.80 - $9.29
Q2 2017	386,200	$4,441	$8.56	$8.09 - $9.38
Q1 2017	386,200	$4,519	$8.62	$7.57 - $9.49
Q4 2016	366,200	$3,900	$6.57	$5.50 - $7.86
Q3 2016	366,200	$3,102	$5.94	$5.02 - $6.47
Q2 2016	366,200	$2,922	$6.24	$5.02 - $7.33
Q1 2016	366,200	$3,461	$5.61	$4.13 - $6.69
Q4 2015	366,200	$3,314	$7.02	$6.04 - $8.01
Q3 2015	266,000	$2,668	$7.99	$6.49 - $9.64
Q2 2015	157,100	$2,149	$9.73	$8.82 - $10.82
Q1 2015	156,400	$2,402	$9.13	$8.05 - $10.51
Q4 2014	144,100	$1,771	$8.23	$6.27 - $9.55
Q3 2014	144,100	$1,405	$6.97	$6.15 - $7.74
Q2 2014	144,100	$1,513	$5.91	$4.80 - $7.15
Q1 2014	145,000	$1,088	$6.19	$4.78 - $6.75
Q4 2013	144,100	$1,437	$6.05	$4.78 - $7.16
Q3 2013	144,100	$1,022	$4.69	$4.22 - $5.32
Q2 2013	144,100	$940	$4.47	$3.98 - $4.80