Filing Details

 

 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

SCHEDULE 13G

(Amendment No. 2)

 

 

Under the Securities Exchange Act of 1934

 

 

James River Group Holdings, Ltd.

(Name of Issuer)

 

 

Common Shares, $0.0002 par value

(Title of Class of Securities)

 

 

G5005R107

(CUSIP Number)

 

 

December 31, 2017

(Date of Event Which Requires Filing of this Statement)

 

Check the following box to designate the rule pursuant to which the Schedule is filed:

 

¨

Rule 13d-1(b)

¨

Rule 13d-1(c)

x

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. G5005R107

 

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw CF-SP Franklin, L.L.C. 26-0710908
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 -0-
	6.	Shared Voting Power 573,723
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 573,723

 

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 573,723
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.	Percent of Class Represented by Amount in Row (9) 1.9%
12.	Type of Reporting Person (See Instructions) OO

 

 

CUSIP No. G5005R107

 

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw Oculus Portfolios, L.L.C. 20-0805088
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 -0-
	6.	Shared Voting Power 1,099,079
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 1,099,079

 

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 1,099,079
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.	Percent of Class Represented by Amount in Row (9) 3.7%
12.	Type of Reporting Person (See Instructions) OO

 

 

CUSIP No. G5005R107

 

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw CH-SP Franklin, L.L.C. 26-0710942
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 -0-
	6.	Shared Voting Power 1,624,436
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 1,624,436

 

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 1,624,436
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.	Percent of Class Represented by Amount in Row (9) 5.5%
12.	Type of Reporting Person (See Instructions) OO

 

 

CUSIP No. G5005R107

 

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw & Co., L.L.C. 13-3799946
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 -0-
	6.	Shared Voting Power 3,297,238
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 3,297,238

 

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 3,297,238
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨
11.	Percent of Class Represented by Amount in Row (9) 11.1%
12.	Type of Reporting Person (See Instructions) OO

 

 

CUSIP No. G5005R107

 

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw & Co., L.P. 13-3695715
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 -0-
	6.	Shared Voting Power 3,297,238
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 3,297,238

 

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 3,297,238
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.	Percent of Class Represented by Amount in Row (9) 11.1%
12.	Type of Reporting Person (See Instructions) IA, PN

 

 

CUSIP No. G5005R107

 

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) David E. Shaw
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 United States

 

Number of Shares Beneficially Owned by Each Reporting Person With	5.	Sole Voting Power -0-
	6.	Shared Voting Power 3,297,238
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 3,297,238

 

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 3,297,238
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.	Percent of Class Represented by Amount in Row (9) 11.1%
12.	Type of Reporting Person (See Instructions) IN

 

 

Item 1.

(a)

Name of Issuer

James River Group Holdings, Ltd.

 

(b)

Address of Issuer's Principal Executive Offices

Wellesley House, 2nd Floor

90 Pitts Bay Road

Pembroke, Bermuda HM 08

 

Item 2.

(a)

Name of Person Filing

D. E. Shaw CF-SP Franklin, L.L.C.

D. E. Shaw Oculus Portfolios, L.L.C.

D. E. Shaw CH-SP Franklin, L.L.C.

D. E. Shaw & Co., L.L.C.

D. E. Shaw & Co., L.P.

David E. Shaw

 

(b)

Address of Principal Business Office or, if none, Residence

The business address for each reporting person is:

1166 Avenue of the Americas, 9^th Floor

New York, NY 10036

 

(c)

Citizenship

D. E. Shaw CF-SP Franklin, L.L.C. is a limited liability company organized under the laws of the state of Delaware.

D. E. Shaw Oculus Portfolios, L.L.C. is a limited liability company organized under the laws of the state of Delaware.

D. E. Shaw CH-SP Franklin, L.L.C. is a limited liability company organized under the laws of the state of Delaware.

D. E. Shaw & Co., L.L.C. is a limited liability company organized under the laws of the state of Delaware.

D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware.

David E. Shaw is a citizen of the United States of America.

 

(d)

Title of Class of Securities

Common Shares, $0.0002 par value

 

(e)

CUSIP Number

G5005R107

 

Item 3.

If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

 

Not Applicable

 

Item 4.

Ownership

 

As of December 31, 2017:

 

(a)

Amount beneficially owned:

 

D. E. Shaw CF-SP Franklin, L.L.C.:	573,723 shares
D. E. Shaw Oculus Portfolios, L.L.C.:	1,099,079 shares
D. E. Shaw CH-SP Franklin, L.L.C.:	1,624,436 shares
D. E. Shaw & Co., L.L.C.:	3,297,238 shares This is composed of (i) 1,624,436 shares in the name of D. E. Shaw CH-SP Franklin, L.L.C., (ii) 1,099,079 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iii) 573,723 shares in the name of D. E. Shaw CF-SP Franklin, L.L.C.

 

 

D. E. Shaw & Co., L.P.:	3,297,238 shares This is composed of (i) 1,624,436 shares in the name of D. E. Shaw CH-SP Franklin, L.L.C., (ii) 1,099,079 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iii) 573,723 shares in the name of D. E. Shaw CF-SP Franklin, L.L.C.
David E. Shaw:	3,297,238 shares This is composed of (i) 1,624,436 shares in the name of D. E. Shaw CH-SP Franklin, L.L.C., (ii) 1,099,079 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iii) 573,723 shares in the name of D. E. Shaw CF-SP Franklin, L.L.C.

 

(b)

Percent of class:

D. E. Shaw CF-SP Franklin, L.L.C.:	1.9%
D. E. Shaw Oculus Portfolios, L.L.C.:	3.7%
D. E. Shaw CH-SP Franklin, L.L.C.:	5.5%
D. E. Shaw & Co., L.L.C.:	11.1%
D. E. Shaw & Co., L.P.:	11.1%
David E. Shaw:	11.1%

 

(c)

Number of shares to which the person has:

(i)

Sole power to vote or to direct the vote:

D. E. Shaw CF-SP Franklin, L.L.C.:	-0- shares
D. E. Shaw Oculus Portfolios, L.L.C.:	-0- shares
D. E. Shaw CH-SP Franklin, L.L.C.:	-0- shares
D. E. Shaw & Co., L.L.C.:	-0- shares
D. E. Shaw & Co., L.P.:	-0- shares
David E. Shaw:	-0- shares

 

(ii)

Shared power to vote or to direct the vote:

D. E. Shaw CF-SP Franklin, L.L.C.:	573,723 shares
D. E. Shaw Oculus Portfolios, L.L.C.:	1,099,079 shares
D. E. Shaw CH-SP Franklin, L.L.C.:	1,624,436 shares
D. E. Shaw & Co., L.L.C.:	3,297,238 shares
D. E. Shaw & Co., L.P.:	3,297,238 shares
David E. Shaw:	3,297,238 shares

 

(iii)

Sole power to dispose or to direct the disposition of:

D. E. Shaw CF-SP Franklin, L.L.C.:	-0- shares
D. E. Shaw Oculus Portfolios, L.L.C.:	-0- shares
D. E. Shaw CH-SP Franklin, L.L.C.:	-0- shares
D. E. Shaw & Co., L.L.C.:	-0- shares
D. E. Shaw & Co., L.P.:	-0- shares
David E. Shaw:	-0- shares

 

(iv)

Shared power to dispose or to direct the disposition of:

D. E. Shaw CF-SP Franklin, L.L.C.:	573,723 shares
D. E. Shaw Oculus Portfolios, L.L.C.:	1,099,079 shares
D. E. Shaw CH-SP Franklin, L.L.C.:	1,624,436 shares
D. E. Shaw & Co., L.L.C.:	3,297,238 shares
D. E. Shaw & Co., L.P.:	3,297,238 shares
David E. Shaw:	3,297,238 shares

 

David E. Shaw does not own any shares directly. By virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the investment adviser of D. E. Shaw CF-SP Franklin, L.L.C., D. E. Shaw Oculus Portfolios, L.L.C., and D. E. Shaw CH-SP Franklin, L.L.C., and by virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which in turn is the manager of D. E. Shaw CF-SP Franklin, L.L.C., D. E. Shaw Oculus Portfolios, L.L.C., and D. E. Shaw CH-SP Franklin, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of, and the shared power to dispose or direct the disposition of, the 3,297,238 shares as described above constituting 11.1% of the outstanding shares, and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares. David E. Shaw disclaims beneficial ownership of such 3,297,238 shares.

 

 

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following x.

 

As of the date hereof, D. E. Shaw CF-SP Franklin, L.L.C. and D. E. Shaw Oculus Portfolios, L.L.C. have ceased to be the beneficial owners of more than 5 percent of the class of securities.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable

 

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

Not Applicable

 

Item 9.

Notice of Dissolution of Group

Not Applicable

 

Item 10.

Certification

Not Applicable as this statement is filed pursuant to Rule 13d-1(d).

 

 

SIGNATURE

 

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Powers of Attorney, dated March 1, 2017, granted by David E. Shaw in favor of Nathan Thomas, are attached hereto.

 

Dated: February 14, 2018

 

	D. E. Shaw CF-SP Franklin, L.L.C.
	By:	/s/ Nathan Thomas
		Nathan Thomas
		Authorized Signatory

 

	D. E. Shaw Oculus Portfolios, L.L.C.
	By:	/s/ Nathan Thomas
		Nathan Thomas
		Authorized Signatory

 

	D. E. Shaw CH-SP Franklin, L.L.C.
	By:	/s/ Nathan Thomas
		Nathan Thomas
		Authorized Signatory

 

	D. E. Shaw & Co., L.L.C.
	By:	/s/ Nathan Thomas
		Nathan Thomas
		Authorized Signatory

 

	D. E. Shaw & Co., L.P.
	By:	/s/ Nathan Thomas
		Nathan Thomas
		Chief Compliance Officer

 

	David E. Shaw
	By:	/s/ Nathan Thomas
		Nathan Thomas
		Attorney-in-Fact for David E. Shaw