| 1 | PCH | PotlatchDeltic Corporation | 7.96% |
| 2 | STO: SCA.B | Svenska Cellulosa Aktiebolaget SCA (publ) | 5.49% |
| 3 | HEL: UPM | UPM-Kymmene Oyj | 5.46% |
| 4 | WY | Weyerhaeuser Company | 5.32% |
| 5 | RYN | Rayonier Inc. | 5.18% |
| 6 | SLVM | Sylvamo Corporation | 4.98% |
| 7 | SHE: 002078 | Shandong Sunpaper Co., Ltd. | 4.97% |
| 8 | HEL: STERV | Stora Enso Oyj | 4.54% |
| 9 | BVMF: KLBN11 | Klabin S.A. | 4.49% |
| 10 | TYO: 3861 | Oji Holdings Corporation | 4.46% |
| 11 | BVMF: SUZB3 | Suzano S.A. | 4.45% |
| 12 | SW | Smurfit Westrock Plc | 4.02% |
| 13 | TYO: 1911 | Sumitomo Forestry Co., Ltd. | 3.94% |
| 14 | LON: MNDI | Mondi plc | 3.91% |
| 15 | TSX: WFG | West Fraser Timber Co. Ltd. | 3.65% |
| 16 | STO: HOLM.B | Holmen AB (publ) | 3.43% |
| 17 | IP | International Paper Company | 2.86% |
| 18 | SCGP-R.BK | SCG PACKAGING PCL NON-VOTING DR | 2.64% |
| 19 | JSE: SAP | Sappi Limited | 2.59% |
| 20 | CLW | Clearwater Paper Corporation | 2.56% |
| 21 | SNSE: CMPC | Empresas CMPC S.A. | 2.35% |
| 22 | STO: BILL | Billerud AB (publ) | 2.19% |
| 23 | TYO: 3863 | Nippon Paper Industries Co., Ltd. | 1.97% |
| 24 | HKG: 2689 | Nine Dragons Paper (Holdings) Limited | 1.73% |
| 25 | BRL | BRL CASH | 1.30% |
| View WOOD holdings |