13G Filing: International Value Advisers and Cys Investments Inc. (CYS)

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
International Value Advisers 216,825 0 233,400 00,000 233,400 2.9%

Follow Charles De Vaulx's International Value Advisers

Page 1 of 5 – SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities
Exchange Act of 1934
(Amendment No. 4)*

CYS Investments
Inc. Series B 7.50% Pfd

(Name of Issuer)

Common Stock
pfd

(Title of Class of Securities)

12673A306

(CUSIP Number)

International
Value Advisers, LLC, 717 Fifth Avenue, 10th Floor, New York, NY 10022

(Name, Address and Telephone Number
of Person
Authorized to Receive Notices and Communications)

April
30, 2017

(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 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 disclosures provided in a prior cover page.

The information required on 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).

Follow Cys Investments Inc. (NYSE:CYS)

Page 2 of 5 – SEC Filing

CUSIP No. 12673A306 13G 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
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER
 
  216,825
6. SHARED VOTING POWER
 
0
7. SOLE DISPOSITIVE POWER
 
  233,400
8. SHARED DISPOSITIVE POWER
 
00,000
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

233,400
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)    
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

2.9%
12. TYPE OF REPORTING PERSON (see instructions)
Investment Adviser

Follow Cys Investments Inc. (NYSE:CYS)

Page 3 of 5 – SEC Filing

CUSIP No. 12673A306 13G Page 3 of 5 Pages

Item 1.

(a) Name of Issuer
CYS Investments Inc.
(b)

Address of Issuer’s Principal Executive Offices
890 Winter Street, Suite 200

Waltham, MA 02451

Item 2.

(a) Name of Person Filing
International Value Advisers, LLC
(b) Address of the Principal Office or, if none, residence
717 Fifth Avenue, 10th Floor, New York, New York  10022
(c) Citizenship
Delaware
(d) Title of Class of Securities
Common Stock Pfd
(e) CUSIP Number
12673A306

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) Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Follow Cys Investments Inc. (NYSE:CYS)

Page 4 of 5 – SEC Filing

CUSIP No. 12673A306 13G Page 4 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: 233,400
(b) Percent of class:  2.9%
(c) Number of shares as to which
the person has: 
(i) Sole power to vote or to direct the vote  216,825.
(ii) Shared power to vote or to direct the vote  0.
(iii) Sole power to dispose or to direct the disposition of  233,400.
(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 §240.13d-3(d)(1).

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     ☒.

Instruction. Dissolution of a group requires
a response to this item.

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.

(a) The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
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.
(b) The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.

Follow Cys Investments Inc. (NYSE:CYS)

Page 5 of 5 – SEC Filing

CUSIP No. 12673A306 13G Page 5 of 5
Pages

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.

May
9, 2017

Date

/s/
Shanda Scibilia

Signature

Chief
Compliance Officer

Name/Title

Follow Cys Investments Inc. (NYSE:CYS)