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10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q3 2021
Filing Information
Form Type 10-Q
Accession Number 0001437749-21-025051
Period End Date 20210930
Filing Date 20211103
Fiscal Year 2021
Fiscal Period Q3
XBRL Instance slv20210930_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 $10.47B USD Point-in-time
Investment in silver bullion, cost InvestmentOwnedAtCost $11.66B USD Point-in-time
Investment in silver bullion, cost InvestmentOwnedAtCost $8.37B USD Point-in-time
Investment in silver bullion, cost InvestmentOwnedAtCost $6.29B USD Point-in-time
Investment in silver bullion, cost InvestmentOwnedAtCost $11.76B USD Point-in-time
Investment in silver bullion, cost InvestmentOwnedAtCost $9.93B USD Point-in-time
Investment in silver bullion, at fair value InvestmentInPhysicalCommoditiesFairValueDisclosure $14.80B USD Point-in-time
Investment in silver bullion, at fair value InvestmentInPhysicalCommoditiesFairValueDisclosure $14.38B 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 $8.89B USD Point-in-time
Investment in silver bullion, at fair value InvestmentInPhysicalCommoditiesFairValueDisclosure $13.03B USD Point-in-time
Investment in silver bullion, at fair value InvestmentInPhysicalCommoditiesFairValueDisclosure $11.83B USD Point-in-time
Shares, par value (in dollars per share) TemporaryEquityParOrStatedValuePerShare - USD Point-in-time
Total Assets AssetsFairValueDisclosure $11.83B USD Point-in-time
Shares issued (in shares) TemporaryEquitySharesIssued 593.15M shares Point-in-time
Total Assets AssetsFairValueDisclosure $14.80B USD Point-in-time
Shares issued (in shares) TemporaryEquitySharesIssued 600.95M shares Point-in-time
Sponsors fees payable AccountsPayableFairValueDisclosure $5.80M USD Point-in-time
Sponsors fees payable AccountsPayableFairValueDisclosure $5.26M USD Point-in-time
Total Liabilities LiabilitiesFairValueDisclosure $5.26M USD Point-in-time
Total Liabilities LiabilitiesFairValueDisclosure $5.80M 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 $14.37B USD Point-in-time
Net Assets FairValueNetAssetLiability $13.02B USD Point-in-time
Net Assets FairValueNetAssetLiability $11.82B USD Point-in-time
Net Assets FairValueNetAssetLiability $14.79B 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 $13.80B USD Point-in-time
Net Assets FairValueNetAssetLiability $8.88B USD Point-in-time
Shares issued and outstanding (in shares) TemporaryEquitySharesOutstanding 600.95M shares Point-in-time
Shares issued and outstanding (in shares) TemporaryEquitySharesOutstanding 593.15M shares Point-in-time
Net asset value per Share (Note 2C) (in dollars per share) TemporaryEquityRedemptionPricePerShare $24.61 USD Point-in-time
Net asset value per Share (Note 2C) (in dollars per share) TemporaryEquityRedemptionPricePerShare $19.93 USD Point-in-time
Net asset value per Share (Note 2C) (in dollars per share) TemporaryEquityRedemptionPricePerShare $23.89 USD 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 $16.62 USD Point-in-time
Net asset value per Share (Note 2C) (in dollars per share) TemporaryEquityRedemptionPricePerShare $16.85 USD Point-in-time
Income Statement 56 line items
Line Item Tag Value Unit Period
Sponsor's fees SponsorsFees $16.97M USD 1 Quarter
Sponsor's fees SponsorsFees $16.90M USD 1 Quarter
Sponsor's fees SponsorsFees $55.19M USD 3 Qtrs
Sponsor's fees SponsorsFees $33.53M USD 3 Qtrs
Total expenses OperatingExpenses $16.97M USD 1 Quarter
Total expenses OperatingExpenses $55.19M USD 3 Qtrs
Total expenses OperatingExpenses $16.90M USD 1 Quarter
Total expenses OperatingExpenses $33.53M USD 3 Qtrs
Net investment loss OperatingIncomeLoss $-16.90M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-33.53M USD 3 Qtrs
Net investment loss OperatingIncomeLoss $-16.97M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-55.19M USD 3 Qtrs
Net investment loss OperatingIncomeLoss $-18.94M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-7.68M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-19.29M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-8.95M USD 1 Quarter
Silver bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $2.91M USD 1 Quarter
Silver bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $3.50M USD 3 Qtrs
Silver bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $12.10M USD 3 Qtrs
Silver bullion sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $4.01M USD 1 Quarter
Silver bullion distributed for the redemption of Shares NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares $1.27B USD 3 Qtrs
Silver bullion distributed for the redemption of Shares NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares $129.45M USD 1 Quarter
Silver bullion distributed for the redemption of Shares NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares $625.90M USD 3 Qtrs
Silver bullion distributed for the redemption of Shares NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares $646.10M USD 1 Quarter
Net realized gain RealizedInvestmentGainsLosses $629.40M USD 3 Qtrs
Net realized gain RealizedInvestmentGainsLosses $253.00M USD 1 Quarter
Net realized gain RealizedInvestmentGainsLosses $1.28B USD 3 Qtrs
Net realized gain RealizedInvestmentGainsLosses $132.36M USD 1 Quarter
Net realized gain RealizedInvestmentGainsLosses $893.76M USD 1 Quarter
Net realized gain RealizedInvestmentGainsLosses $650.11M USD 1 Quarter
Net realized gain RealizedInvestmentGainsLosses $-9.57M USD 1 Quarter
Net realized gain RealizedInvestmentGainsLosses $-11.14M USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $756.59M USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-2.46B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-1.42B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $2.59B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-4.16B USD 3 Qtrs
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $2.85B USD 3 Qtrs
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $1.69B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-2.46B USD 1 Quarter
Net realized and unrealized gain (loss) GainLossOnInvestments $-2.88B USD 3 Qtrs
Net realized and unrealized gain (loss) GainLossOnInvestments $3.24B USD 1 Quarter
Net realized and unrealized gain (loss) GainLossOnInvestments $-2.33B USD 1 Quarter
Net realized and unrealized gain (loss) GainLossOnInvestments $3.48B USD 3 Qtrs
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $1.67B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $-1.59B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $990.65M USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $-2.94B USD 3 Qtrs
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $-2.34B 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 $-1.44B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $3.45B USD 3 Qtrs
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
Net increase (decrease) in net assets per Share (in dollars per share) EarningsPerShareBasic $-4.76 USD 3 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share) EarningsPerShareBasic $-3.94 USD 1 Quarter
Cash Flow Statement 50 line items
Line Item Tag Value Unit Period
Proceeds from silver bullion sold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpenses $30.25M USD 3 Qtrs
Proceeds from silver bullion sold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpenses $55.74M USD 3 Qtrs
Expenses Sponsors fees paid PaymentsForFees $30.25M USD 3 Qtrs
Expenses Sponsors fees paid PaymentsForFees $55.74M 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 (decrease) in net assets resulting from operations NetIncomeLoss $1.67B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $-1.59B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $990.65M USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $-2.94B USD 3 Qtrs
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $-2.34B 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 $-1.44B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $3.45B USD 3 Qtrs
Proceeds from silver bullion sold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpenses $30.25M USD 3 Qtrs
Proceeds from silver bullion sold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpenses $55.74M USD 3 Qtrs
Net realized (gain) loss RealizedInvestmentGainsLosses $629.40M USD 3 Qtrs
Net realized (gain) loss RealizedInvestmentGainsLosses $253.00M USD 1 Quarter
Net realized (gain) loss RealizedInvestmentGainsLosses $1.28B USD 3 Qtrs
Net realized (gain) loss RealizedInvestmentGainsLosses $132.36M USD 1 Quarter
Net realized (gain) loss RealizedInvestmentGainsLosses $893.76M USD 1 Quarter
Net realized (gain) loss RealizedInvestmentGainsLosses $650.11M USD 1 Quarter
Net realized (gain) loss RealizedInvestmentGainsLosses $-9.57M USD 1 Quarter
Net realized (gain) loss RealizedInvestmentGainsLosses $-11.14M USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $756.59M USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-2.46B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-1.42B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $2.59B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-4.16B USD 3 Qtrs
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $2.85B USD 3 Qtrs
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $1.69B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-2.46B USD 1 Quarter
Sponsors fees payable IncreaseDecreaseInAccountsPayableRelatedParties $-542.28K 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 $6.05B USD 3 Qtrs
Silver bullion distributed for Shares redeemed OtherSignificantNoncashTransactionValueOfConsiderationGiven1 $2.77B USD 3 Qtrs
Silver bullion distributed for Shares redeemed OtherSignificantNoncashTransactionValueOfConsiderationGiven1 $6.08B USD 3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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