The level structure of theN=81 nucleus147Dy has been studied byγ-ray spectroscopy following reactions of 230–250 MeV58,60Ni beams on89Y and90,92Zr targets. Yrast and near-yrast levels in147Dy above the known 59-s 11/2− state are established up to ∼3.7 MeV; they include isomeric levels at 2,681, 3,407 and 3,650 keV. Guided by the results of shell model calculations, we interpret most of the observed level as senioritythree states arising from the coupling ofs1/2,d3/2, andh11/2 neutron holes withπh11/22.