[SCHEDULE 13G] James River Group Holdings, Inc. Passive Investment Disclosure (>5%)
Donald Smith reports 5.28% stake in James River
Donald Smith & Co., Inc. and DSCO Value Fund, L.P. report beneficial ownership of 2,440,347 shares of James River Group Holdings, Inc. common stock, representing 5.28% of the outstanding class.
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Donald Smith & Co., Inc. and DSCO Value Fund, L.P. report beneficial ownership of 2,440,347 shares of James River Group Holdings, Inc. common stock, representing 5.28% of the outstanding class. Donald Smith & Co., Inc. has sole voting power over 2,361,019 shares and sole dispositive power over 2,417,519 shares, while DSCO Value Fund, L.P. has sole voting and dispositive power over 22,828 shares. The economic benefits from dividends and sale proceeds are ultimately for the firms’ institutional advisory clients, none of which is said to hold more than five percent of the stock.
Key Figures
Beneficial ownership:2,440,347 sharesPercent of class:5.28%Sole voting power (Donald Smith & Co., Inc.):2,361,019 shares+2 more
5 metrics
Beneficial ownership2,440,347 sharesTotal James River Group common shares beneficially owned by reporting persons
Percent of class5.28%Portion of James River Group common stock class beneficially owned
Sole voting power (Donald Smith & Co., Inc.)2,361,019 sharesShares over which Donald Smith & Co., Inc. has sole voting power
Sole dispositive power (Donald Smith & Co., Inc.)2,417,519 sharesShares over which Donald Smith & Co., Inc. has sole dispositive power
Sole voting and dispositive power (DSCO Value Fund, L.P.)22,828 sharesJRVR shares controlled by DSCO Value Fund, L.P.
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Ownership of more than 5 Percent on Behalf of Another Person, +1 more
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Powerfinancial
"5 | Sole Voting Power 2,361,019.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Powerfinancial
"7 | Sole Dispositive Power 2,417,519.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Ownership of more than 5 Percent on Behalf of Another Personfinancial
"Item 6. | Ownership of more than 5 Percent on Behalf of Another Person."
investment advisorfinancial
"institutional clients which Donald Smith & Co., Inc. serves as investment advisor."
An investment advisor is a person or firm that provides personalized guidance on buying, selling and managing investments and often oversees client portfolios for a fee. For investors this matters because the advisor shapes risk, costs and long-term returns, and is typically required by law to act in the client’s best interests — think of them as a financial coach or GPS that helps navigate choices and avoid costly detours.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in JRVR does Donald Smith & Co., Inc. report?
Donald Smith & Co., Inc. and DSCO Value Fund, L.P. report beneficial ownership of 2,440,347 James River Group shares, representing 5.28% of the company’s common stock. This makes them a significant institutional shareholder under SEC reporting rules.
How many JRVR shares can Donald Smith & Co., Inc. vote and dispose of?
Donald Smith & Co., Inc. has sole voting power over 2,361,019 JRVR shares and sole dispositive power over 2,417,519 shares. DSCO Value Fund, L.P. has sole voting and dispositive power over an additional 22,828 shares.
Who ultimately benefits economically from the JRVR shares held by Donald Smith & Co., Inc.?
The economic benefit from dividends and sale proceeds on the JRVR shares is vested in institutional clients for whom Donald Smith & Co., Inc. acts as investment advisor. No single client is disclosed as owning more than five percent of the stock.
Does any single client of Donald Smith & Co., Inc. own more than 5% of JRVR?
According to the disclosure, for all JRVR securities held in advisory accounts, no single client is known to own more than 5% of the company’s outstanding common stock. Interests are spread across various institutional clients.
How is DSCO Value Fund, L.P. classified in this JRVR Schedule 13G?
DSCO Value Fund, L.P. is identified as part of a group with Donald Smith & Co., Inc. The filing lists Donald Smith & Co., Inc. as an investment advisor (IA) and DSCO Value Fund, L.P. as another group member holding JRVR shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
James River Group Holdings, Inc.
(Name of Issuer)
Common
(Title of Class of Securities)
46990A102
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
46990A102
1
Names of Reporting Persons
DONALD SMITH & CO., INC.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,361,019.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,417,519.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,440,347.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.3 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
46990A102
1
Names of Reporting Persons
DSCO Value Fund, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
22,828.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
22,828.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,440,347.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.3 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
James River Group Holdings, Inc.
(b)
Address of issuer's principal executive offices:
1414 RALEIGH ROAD, SUITE 405, CHAPEL HILL, NORTH CAROLINA, 27517.
Item 2.
(a)
Name of person filing:
Donald Smith & Co.,Inc.
(b)
Address or principal business office or, if none, residence:
152 West 57th Street
New York, NY 10019
(c)
Citizenship:
A Delaware Corporation
(d)
Title of class of securities:
Common
(e)
CUSIP Number(s):
46990A102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
2,440,347
(b)
Percent of class:
5.28%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Donald Smith & Co., Inc. 2,361,019
DSCO Value Fund, L.P. 22,828
(ii) Shared power to vote or to direct the vote:
SEE ITEM 6
(iii) Sole power to dispose or to direct the disposition of:
Donald Smith & Co., Inc. 2,417,519
DSCO Value Fund, L.P. 22,828
(iv) Shared power to dispose or to direct the disposition of:
SEE ITEM 6
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Donald Smith & Co., Inc. does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client?s custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the institutional clients which Donald Smith & Co., Inc. serves as investment advisor. Any and all discretionary authority which has been delegated to Donald Smith & Co., Inc. may be revoked in whole or in part at any time. To the knowledge of Donald Smith & Co., Inc., with respect to all securities reported in this schedule owned by advisory clients of Donald Smith & Co., Inc., not more than 5% of the class of such securities is owned by any one client. 2. With respect to the remaining securities owned, various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock of James River Group Holdings. No one person?s interest in the Common Stock of James River Group Holdings. is more than five percent of the total outstanding Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
Donald Smith & Co., Inc. IA
DSCO Value Fund, L.P. PN
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
