10-Q Filing

ISHARES S&P GSCI COMMODITY-INDEXED TRUST CIK: 1332174 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-022120`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	gsg20230630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 68 Cash Flow Statement 48

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Cost of short-term investments	`InvestmentOwnedAtCost`	$1.10B	USD	Point-in-time
Cost of short-term investments	`InvestmentOwnedAtCost`	$909.42M	USD	Point-in-time
Cash	`CashAndCashEquivalentsFairValueDisclosure`	$5.18M	USD	Point-in-time
Cash	`CashAndCashEquivalentsFairValueDisclosure`	$3.40M	USD	Point-in-time
Cost of short-term investments held at broker (restricted)	`InvestmentOwnedRestrictedCost`	$71.03M	USD	Point-in-time
Cost of short-term investments held at broker (restricted)	`InvestmentOwnedRestrictedCost`	$102.00M	USD	Point-in-time
Shares, outstanding (in shares)	`TemporaryEquitySharesOutstanding`	57.55M	shares	Point-in-time
Short-term investments, at fair value	`ShortTermInvestments`	$909.58M	USD	Point-in-time
Short-term investments, at fair value	`ShortTermInvestments`	$1.10B	USD	Point-in-time
Shares, outstanding (in shares)	`TemporaryEquitySharesOutstanding`	50.90M	shares	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
Short-term investments held at the broker (restricted), at fair value	`DepositsWithClearingOrganizationsAndOthersSecurities`	$71.03M	USD	Point-in-time
Short-term investments held at the broker (restricted), at fair value	`DepositsWithClearingOrganizationsAndOthersSecurities`	$102.04M	USD	Point-in-time
Receivable for variation margin on open futures contracts (Note 9)	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$14.41M	USD	Point-in-time
Receivable for variation margin on open futures contracts (Note 9)	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$9.00M	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$1.22B	USD	Point-in-time
Total Assets	`AssetsFairValueDisclosure`	$993.01M	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$610.55K	USD	Point-in-time
Sponsors fees payable	`AccountsPayableFairValueDisclosure`	$827.41K	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$610.55K	USD	Point-in-time
Total Liabilities	`LiabilitiesFairValueDisclosure`	$827.41K	USD	Point-in-time
Commitments and contingent liabilities (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$992.40M	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$1.08B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$1.22B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$1.43B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$2.14B	USD	Point-in-time
Net Assets	`FairValueNetAssetLiability`	$2.01B	USD	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesIssued`	57.55M	shares	Point-in-time
Shares issued and outstanding (in shares)	`TemporaryEquitySharesIssued`	50.90M	shares	Point-in-time
Net asset value per Share (Note 2G) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$20.11	USD	Point-in-time
Net asset value per Share (Note 2G) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$19.50	USD	Point-in-time
Net asset value per Share (Note 2G) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$21.22	USD	Point-in-time
Net asset value per Share (Note 2G) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$17.10	USD	Point-in-time
Net asset value per Share (Note 2G) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$23.05	USD	Point-in-time
Net asset value per Share (Note 2G) (in dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$22.69	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Interest	`InterestIncomeOperating`	$3.42M	USD	2 Qtrs
Interest	`InterestIncomeOperating`	$24.21M	USD	2 Qtrs
Interest	`InterestIncomeOperating`	$11.77M	USD	1 Quarter
Interest	`InterestIncomeOperating`	$2.97M	USD	1 Quarter
Total investment income	`Revenues`	$2.97M	USD	1 Quarter
Total investment income	`Revenues`	$11.77M	USD	1 Quarter
Total investment income	`Revenues`	$3.42M	USD	2 Qtrs
Total investment income	`Revenues`	$24.21M	USD	2 Qtrs
Sponsors fees	`SponsorFees`	$1.91M	USD	1 Quarter
Sponsors fees	`SponsorFees`	$4.00M	USD	2 Qtrs
Sponsors fees	`SponsorFees`	$4.09M	USD	1 Quarter
Sponsors fees	`SponsorFees`	$7.55M	USD	2 Qtrs
Brokerage commissions and fees	`FloorBrokerage`	$221.99K	USD	1 Quarter
Brokerage commissions and fees	`FloorBrokerage`	$459.94K	USD	2 Qtrs
Brokerage commissions and fees	`FloorBrokerage`	$387.29K	USD	1 Quarter
Brokerage commissions and fees	`FloorBrokerage`	$796.90K	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$4.46M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$4.48M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$2.13M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$8.35M	USD	2 Qtrs
Net Investment income (loss)	`OperatingIncomeLoss`	$-1.51M	USD	1 Quarter
Net Investment income (loss)	`OperatingIncomeLoss`	$10.11M	USD	1 Quarter
Net Investment income (loss)	`OperatingIncomeLoss`	$9.64M	USD	1 Quarter
Net Investment income (loss)	`OperatingIncomeLoss`	$-3.42M	USD	1 Quarter
Net Investment income (loss)	`OperatingIncomeLoss`	$19.75M	USD	2 Qtrs
Net Investment income (loss)	`OperatingIncomeLoss`	$-4.93M	USD	2 Qtrs
Short-term investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$9.64K	USD	1 Quarter
Short-term investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-4.30K	USD	1 Quarter
Short-term investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$23.77K	USD	2 Qtrs
Short-term investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-2.96K	USD	2 Qtrs
Futures contracts	`GainLossOnSaleOfCommodityContracts`	$-62.30M	USD	1 Quarter
Futures contracts	`GainLossOnSaleOfCommodityContracts`	$-62.90M	USD	2 Qtrs
Futures contracts	`GainLossOnSaleOfCommodityContracts`	$841.49M	USD	2 Qtrs
Futures contracts	`GainLossOnSaleOfCommodityContracts`	$104.72M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-589.16K	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-62.29M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-62.88M	USD	2 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$736.76M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$104.72M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$841.48M	USD	2 Qtrs
Short-term investments	`MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments`	$-722.31K	USD	1 Quarter
Short-term investments	`MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments`	$-690.80K	USD	2 Qtrs
Short-term investments	`MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments`	$-36.69K	USD	1 Quarter
Short-term investments	`MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments`	$-236.10K	USD	2 Qtrs
Futures contracts	`UnrealizedGainLossOnCommodityContracts`	$-291.71M	USD	2 Qtrs
Futures contracts	`UnrealizedGainLossOnCommodityContracts`	$20.14M	USD	1 Quarter
Futures contracts	`UnrealizedGainLossOnCommodityContracts`	$-67.12M	USD	1 Quarter
Futures contracts	`UnrealizedGainLossOnCommodityContracts`	$-52.52M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-52.76M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-67.84M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$20.10M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-292.40M	USD	2 Qtrs
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-224.56M	USD	1 Quarter
Net change in unrealized appreciation/depreciation	`UnrealizedGainLossOnInvestments`	$-72.86M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$549.08M	USD	2 Qtrs
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$36.88M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-42.18M	USD	1 Quarter
Net realized and unrealized gain (loss)	`GainLossOnInvestments`	$-115.64M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-32.54M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-63.34M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-95.89M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$544.15M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$508.79M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$35.37M	USD	1 Quarter
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$6.00	USD	2 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-1.79	USD	2 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share)	`EarningsPerShareBasic`	$-0.63	USD	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-32.54M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-63.34M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-95.89M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$544.15M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$508.79M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$35.37M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$4.29B	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$7.56B	USD	2 Qtrs
Sales/maturities of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$4.53B	USD	2 Qtrs
Sales/maturities of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$7.01B	USD	2 Qtrs
Accretion of discount	`AmortizationOfDebtDiscountPremium`	$-3.42M	USD	2 Qtrs
Accretion of discount	`AmortizationOfDebtDiscountPremium`	$-24.14M	USD	2 Qtrs
Net realized (gain) loss on short-term investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$9.64K	USD	1 Quarter
Net realized (gain) loss on short-term investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-4.30K	USD	1 Quarter
Net realized (gain) loss on short-term investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$23.77K	USD	2 Qtrs
Net realized (gain) loss on short-term investments	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-2.96K	USD	2 Qtrs
Net change in unrealized appreciation/depreciation on short-term investments	`MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments`	$-722.31K	USD	1 Quarter
Net change in unrealized appreciation/depreciation on short-term investments	`MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments`	$-690.80K	USD	2 Qtrs
Net change in unrealized appreciation/depreciation on short-term investments	`MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments`	$-36.69K	USD	1 Quarter
Net change in unrealized appreciation/depreciation on short-term investments	`MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments`	$-236.10K	USD	2 Qtrs
Receivable for variation margin on open futures contracts	`IncreaseDecreaseInBrokerageReceivables`	$-5.41M	USD	2 Qtrs
Receivable for variation margin on open futures contracts	`IncreaseDecreaseInBrokerageReceivables`	-	USD	2 Qtrs
Receivable for interest income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$10.89K	USD	2 Qtrs
Receivable for interest income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	-	USD	2 Qtrs
Payable for variation margin on open futures contracts	`IncreaseDecreaseInPayableForVariationMarginOnOpenFuturesContracts`	$61.75M	USD	2 Qtrs
Payable for variation margin on open futures contracts	`IncreaseDecreaseInPayableForVariationMarginOnOpenFuturesContracts`	-	USD	2 Qtrs
Payable for investment securities purchased	`IncreaseDecreaseInPayableForInvestmentSecuritiesPurchased`	$-89.99M	USD	2 Qtrs
Payable for investment securities purchased	`IncreaseDecreaseInPayableForInvestmentSecuritiesPurchased`	-	USD	2 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$481.13K	USD	2 Qtrs
Sponsors fees payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-216.86K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-41.16M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$131.04M	USD	2 Qtrs
Contributions for Shares issued	`ProceedsFromOtherEquity`	$423.24M	USD	2 Qtrs
Contributions for Shares issued	`ProceedsFromOtherEquity`	$33.25M	USD	2 Qtrs
Distributions for Shares redeemed	`Redemptions`	$166.07M	USD	2 Qtrs
Distributions for Shares redeemed	`Redemptions`	$390.11M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-132.82M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$33.13M	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.78M	USD	2 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.03M	USD	2 Qtrs
Beginning of period, Unrestricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$33.59M	USD	Point-in-time
Beginning of period, Unrestricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$41.63M	USD	Point-in-time
Beginning of period, Unrestricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.18M	USD	Point-in-time
Beginning of period, Unrestricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.40M	USD	Point-in-time
End of period, Unrestricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$33.59M	USD	Point-in-time
End of period, Unrestricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$41.63M	USD	Point-in-time
End of period, Unrestricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.18M	USD	Point-in-time
End of period, Unrestricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.40M	USD	Point-in-time

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