10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-22-011362 |
| Period End Date | 20220331 |
| Filing Date | 20220506 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | slv20220331_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$12.06B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$11.33B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$10.47B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$11.94B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$12.25B | USD | Point-in-time |
| Shares, par value (in dollars per share) |
TemporaryEquityParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Shares, par value (in dollars per share) |
TemporaryEquityParOrStatedValuePerShare
|
- | 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
|
$13.80B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$13.86B | USD | Point-in-time |
| Total Assets |
AssetsFairValueDisclosure
|
$12.25B | USD | Point-in-time |
| Shares issued (in shares) |
TemporaryEquitySharesIssued
|
573.80M | shares | Point-in-time |
| Total Assets |
AssetsFairValueDisclosure
|
$13.86B | USD | Point-in-time |
| Shares issued (in shares) |
TemporaryEquitySharesIssued
|
604.60M | shares | Point-in-time |
| Sponsors fees payable |
AccountsPayableFairValueDisclosure
|
$5.16M | USD | Point-in-time |
| Sponsors fees payable |
AccountsPayableFairValueDisclosure
|
$5.88M | USD | Point-in-time |
| Total Liabilities |
LiabilitiesFairValueDisclosure
|
$5.88M | USD | Point-in-time |
| Total Liabilities |
LiabilitiesFairValueDisclosure
|
$5.16M | 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
|
$13.80B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$14.79B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$12.25B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$13.86B | USD | Point-in-time |
| Shares issued and outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
604.60M | shares | Point-in-time |
| Shares issued and outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
573.80M | shares | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$22.92 | USD | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$21.35 | USD | 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
|
$22.28 | USD | Point-in-time |
Income Statement
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sponsor's fees |
SponsorsFees
|
$15.97M | USD | 1 Quarter |
| Sponsor's fees |
SponsorsFees
|
$19.29M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$15.97M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$19.29M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-15.97M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-19.29M | USD | 1 Quarter |
| Silver bullion sold to pay expenses |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$5.21M | USD | 1 Quarter |
| Silver bullion sold to pay expenses |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$1.30M | USD | 1 Quarter |
| Silver bullion distributed for the redemption of Shares |
NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares
|
$69.89M | USD | 1 Quarter |
| Silver bullion distributed for the redemption of Shares |
NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares
|
$888.55M | USD | 1 Quarter |
| Net realized gain |
RealizedInvestmentGainsLosses
|
$893.76M | USD | 1 Quarter |
| Net realized gain |
RealizedInvestmentGainsLosses
|
$71.19M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$874.38M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-2.46B | USD | 1 Quarter |
| Net realized and unrealized gain (loss) |
GainLossOnInvestments
|
$945.57M | USD | 1 Quarter |
| Net realized and unrealized gain (loss) |
GainLossOnInvestments
|
$-1.57B | 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
|
$929.60M | USD | 1 Quarter |
| Net increase (decrease) in net assets per Share (in dollars per share) |
EarningsPerShareBasic
|
$-2.47 | USD | 1 Quarter |
| Net increase (decrease) in net assets per Share (in dollars per share) |
EarningsPerShareBasic
|
$1.59 | USD | 1 Quarter |
Cash Flow Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$15.25M | USD | 1 Quarter |
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$18.64M | USD | 1 Quarter |
| Expenses Sponsors fees paid |
PaymentsForFees
|
$18.64M | USD | 1 Quarter |
| Expenses Sponsors fees paid |
PaymentsForFees
|
$15.25M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 1 Quarter |
| Increase (decrease) in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
- | USD | 1 Quarter |
| Increase (decrease) in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
- | USD | 1 Quarter |
| 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
|
$-1.59B | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$929.60M | USD | 1 Quarter |
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$15.25M | USD | 1 Quarter |
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$18.64M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$893.76M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$71.19M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$874.38M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-2.46B | USD | 1 Quarter |
| Sponsors fees payable |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$651.20K | USD | 1 Quarter |
| Sponsors fees payable |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$715.99K | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 1 Quarter |
| Silver bullion contributed for Shares issued |
FairValueOfAssetsAcquired
|
$4.47B | USD | 1 Quarter |
| Silver bullion contributed for Shares issued |
FairValueOfAssetsAcquired
|
$1.24B | USD | 1 Quarter |
| Silver bullion distributed for Shares redeemed |
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
$3.88B | USD | 1 Quarter |
| Silver bullion distributed for Shares redeemed |
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
$556.97M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.