Filing Details

Accession Number:
0000949377-17-000026
Form Type:
13G Filing
Publication Date:
2017-02-13 15:44:45
Filed By:
International Value Advisers
Company:
Capstead Mortgage Corp (NYSE:CMO)
Filing Date:
2017-02-13
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
International Value Advisers 0 194,000 2.36%
Filing
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Capstead Mortgage Series E 7.50%
(Name of Issuer)
Common Stock
(Title of Class of Securities)
14067E605
(CUSIP Number)
December 31, 2016
(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)
* The remainder of this cover page shall be filled out for a reporting persons 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.
 
14067E605
   
 
  Page  
2
  of   
  5 pages  

 

           
1   NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).

International Value Advisers, LLC
     
     
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
       
  5   SOLE VOTING POWER
     
NUMBER OF   182,092
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   194,000
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  194,000
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  2.36%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  Investment Adviser

 


Item 1.
       
 
(a)
  Name of Issuer     Capstead Mortgage.
 
 
(b)
  Address of Issuers Principal Executive Offices
8401 N Central Expy Suite 800
Dallas, Texas 75225
Item 2.
         
 
  (a)   Name of Person Filing      International Value Advisers, LLC
 
 
  (b)   Address of Principal Business Office or, if none. Residence      717 Fifth Avenue, 10th Floor, New York, NY 10022
 
 
  (c)   Citizenship      Delaware
 
 
  (d)   Title of Class of Securities      Common Stock
 
 
  (e)   CUSIP Number      14067E605
Item 3. If this statement is filed pursuant to §§240.13d-l(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)(l9) 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.l3d-l(b)(l)(ii)(E);
 
 
  (f)     An employee benefit plan or endowment fund in accordance with §240.13d-l(b)(l )(ii)(F);
 
 
  (g)     A parent holding company or control person in accordance with § 240.13d-l(b)( l)(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)     Group, in accordance with §240.l3d-l(b)(I)(ii)(J).
Page 3 of 5 pages

 


Item 4. Ownership.
     Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
         
 
  (a)   Amount beneficially owned: 194,000
 
 
  (b)   Percent of class: 2.36%
 
 
  (c)   Number of shares as to which the person has:
  (i)   Sole power to vote or to direct the vote 182,092
 
  (ii)   Shared power to vote or to direct the vote 0.
 
  (iii)   Sole power to dispose or to direct the disposition of 194,000
 
  (iv)   Shared power to dispose or to direct the disposition of 0.
Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.l3d-3(d)(l).
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 five percent of the class of securities, check the following .
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
Item 8. Identification and Classification of Members of the Group
Item 9. Notice of Dissolution of Group
Item 10. Certification
Page 4 of 5 pages

 


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.
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.
     
 
   February 13, 2017
 
   
 
  Date
 
 
    /s/ Shanda Scibilia
 
   
 
  Signature
 
 
   Chief Compliance Officer
 
   
 
  Name/Title
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)
Page 5 of 5 pages