10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-20-022736 |
| Period End Date | 20200930 |
| Filing Date | 20201105 |
| Fiscal Year | 2020 |
| Fiscal Period | Q3 |
| XBRL Instance | slv20200930_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$6.29B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$6.66B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$9.93B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$5.67B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$8.37B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$5.64B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$4.92B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$4.91B | USD | Point-in-time |
| Shares, par value (in dollars per share) |
TemporaryEquityParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$6.54B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$13.03B | USD | Point-in-time |
| Shares, par value (in dollars per share) |
TemporaryEquityParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$8.89B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$6.62B | USD | Point-in-time |
| Total Assets |
AssetsFairValueDisclosure
|
$6.54B | USD | Point-in-time |
| Total Assets |
AssetsFairValueDisclosure
|
$13.03B | USD | Point-in-time |
| Shares issued (in shares) |
TemporaryEquitySharesIssued
|
589.85M | shares | Point-in-time |
| Shares issued (in shares) |
TemporaryEquitySharesIssued
|
388.10M | shares | Point-in-time |
| Sponsors fees payable |
AccountsPayableFairValueDisclosure
|
$5.95M | USD | Point-in-time |
| Sponsors fees payable |
AccountsPayableFairValueDisclosure
|
$2.66M | USD | Point-in-time |
| Total Liabilities |
LiabilitiesFairValueDisclosure
|
$2.66M | USD | Point-in-time |
| Total Liabilities |
LiabilitiesFairValueDisclosure
|
$5.95M | USD | Point-in-time |
| Commitments and contingent liabilities (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingent liabilities (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$8.88B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$6.54B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$5.51B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$4.90B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$13.02B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$4.67B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$6.62B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$4.92B | USD | Point-in-time |
| Shares issued and outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
589.85M | shares | Point-in-time |
| Shares issued and outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
388.10M | shares | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$22.08 | USD | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$16.14 | USD | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$14.25 | USD | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$16.85 | USD | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$14.52 | USD | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$16.62 | USD | Point-in-time |
Income Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sponsor's fees |
SponsorsFees
|
$19.59M | USD | 3 Qtrs |
| Sponsor's fees |
SponsorsFees
|
$33.53M | USD | 3 Qtrs |
| Sponsor's fees |
SponsorsFees
|
$7.82M | USD | 1 Quarter |
| Sponsor's fees |
SponsorsFees
|
$16.90M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$33.53M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$19.59M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$16.90M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$7.82M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-33.53M | USD | 3 Qtrs |
| Net investment loss |
OperatingIncomeLoss
|
$-16.90M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-19.59M | USD | 3 Qtrs |
| Net investment loss |
OperatingIncomeLoss
|
$-7.68M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-7.82M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-5.95M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-8.95M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-5.82M | USD | 1 Quarter |
| Silver bullion sold to pay expenses |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$3.50M | USD | 3 Qtrs |
| Silver bullion sold to pay expenses |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$-2.19M | USD | 3 Qtrs |
| Silver bullion sold to pay expenses |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$4.01M | USD | 1 Quarter |
| Silver bullion sold to pay expenses |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$-311.27K | USD | 1 Quarter |
| Silver bullion distributed for the redemption of Shares |
NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares
|
$9.84M | USD | 1 Quarter |
| Silver bullion distributed for the redemption of Shares |
NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares
|
$-48.79M | USD | 3 Qtrs |
| Silver bullion distributed for the redemption of Shares |
NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares
|
$646.10M | USD | 1 Quarter |
| Silver bullion distributed for the redemption of Shares |
NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares
|
$625.90M | USD | 3 Qtrs |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$-43.05M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$-11.14M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$-17.46M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$9.53M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$629.40M | USD | 3 Qtrs |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$-50.98M | USD | 3 Qtrs |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$-9.57M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$650.11M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-69.20M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$2.85B | USD | 3 Qtrs |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$710.09M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$2.59B | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-1.42B | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$1.69B | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$698.76M | USD | 3 Qtrs |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$57.87M | USD | 1 Quarter |
| Net realized and unrealized gain |
GainLossOnInvestments
|
$647.78M | USD | 3 Qtrs |
| Net realized and unrealized gain |
GainLossOnInvestments
|
$3.24B | USD | 1 Quarter |
| Net realized and unrealized gain |
GainLossOnInvestments
|
$3.48B | USD | 3 Qtrs |
| Net realized and unrealized gain |
GainLossOnInvestments
|
$719.62M | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$-1.44B | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$711.81M | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$3.45B | USD | 3 Qtrs |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$34.58M | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$3.22B | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$628.18M | USD | 3 Qtrs |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$-118.20M | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$1.67B | USD | 1 Quarter |
| Net increase (decrease) in net assets per Share (in dollars per share) |
EarningsPerShareBasic
|
$1.78 | USD | 3 Qtrs |
| Net increase (decrease) in net assets per Share (in dollars per share) |
EarningsPerShareBasic
|
$1.82 | USD | 1 Quarter |
| Net increase (decrease) in net assets per Share (in dollars per share) |
EarningsPerShareBasic
|
$5.42 | USD | 1 Quarter |
| Net increase (decrease) in net assets per Share (in dollars per share) |
EarningsPerShareBasic
|
$7.08 | USD | 3 Qtrs |
Cash Flow Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$18.73M | USD | 3 Qtrs |
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$30.25M | USD | 3 Qtrs |
| Expenses Sponsors fees paid |
PaymentsForFees
|
$18.73M | USD | 3 Qtrs |
| Expenses Sponsors fees paid |
PaymentsForFees
|
$30.25M | USD | 3 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 3 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 3 Qtrs |
| Increase (decrease) in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
- | USD | 3 Qtrs |
| Increase (decrease) in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
- | USD | 3 Qtrs |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Net increase in net assets resulting from operations |
NetIncomeLoss
|
$-1.44B | USD | 1 Quarter |
| Net increase in net assets resulting from operations |
NetIncomeLoss
|
$711.81M | USD | 1 Quarter |
| Net increase in net assets resulting from operations |
NetIncomeLoss
|
$3.45B | USD | 3 Qtrs |
| Net increase in net assets resulting from operations |
NetIncomeLoss
|
$34.58M | USD | 1 Quarter |
| Net increase in net assets resulting from operations |
NetIncomeLoss
|
$3.22B | USD | 1 Quarter |
| Net increase in net assets resulting from operations |
NetIncomeLoss
|
$628.18M | USD | 3 Qtrs |
| Net increase in net assets resulting from operations |
NetIncomeLoss
|
$-118.20M | USD | 1 Quarter |
| Net increase in net assets resulting from operations |
NetIncomeLoss
|
$1.67B | USD | 1 Quarter |
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$18.73M | USD | 3 Qtrs |
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$30.25M | USD | 3 Qtrs |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$-43.05M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$-11.14M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$-17.46M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$9.53M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$629.40M | USD | 3 Qtrs |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$-50.98M | USD | 3 Qtrs |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$-9.57M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$650.11M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-69.20M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$2.85B | USD | 3 Qtrs |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$710.09M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$2.59B | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-1.42B | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$1.69B | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$698.76M | USD | 3 Qtrs |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$57.87M | USD | 1 Quarter |
| Sponsors fees payable |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$861.22K | USD | 3 Qtrs |
| Sponsors fees payable |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$3.29M | USD | 3 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 3 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 3 Qtrs |
| Silver bullion contributed for Shares issued |
FairValueOfAssetsAcquired
|
$5.80B | USD | 3 Qtrs |
| Silver bullion contributed for Shares issued |
FairValueOfAssetsAcquired
|
$1.76B | USD | 3 Qtrs |
| Silver bullion distributed for Shares redeemed |
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
$2.77B | USD | 3 Qtrs |
| Silver bullion distributed for Shares redeemed |
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
$675.06M | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.