10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-23-030198 |
| Period End Date | 20230930 |
| Filing Date | 20231103 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | slv20230930_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
|
$11.33B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$10.24B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$10.03B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$11.78B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$9.70B | USD | Point-in-time |
| Investment in silver bullion, cost |
InvestmentOwnedAtCost
|
$10.37B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$11.04B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$12.25B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$10.52B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$10.20B | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$9.15B | USD | Point-in-time |
| Shares, par value (in dollars per share) |
TemporaryEquityParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Investment in silver bullion, at fair value |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$11.16B | USD | Point-in-time |
| Shares, par value (in dollars per share) |
TemporaryEquityParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Shares issued (in shares) |
TemporaryEquitySharesIssued
|
481.85M | shares | Point-in-time |
| Total Assets |
AssetsFairValueDisclosure
|
$10.20B | USD | Point-in-time |
| Shares issued (in shares) |
TemporaryEquitySharesIssued
|
506.55M | shares | Point-in-time |
| Total Assets |
AssetsFairValueDisclosure
|
$11.16B | USD | Point-in-time |
| Sponsors fees payable |
AccountsPayableFairValueDisclosure
|
$4.25M | USD | Point-in-time |
| Sponsors fees payable |
AccountsPayableFairValueDisclosure
|
$4.63M | USD | Point-in-time |
| Total Liabilities |
LiabilitiesFairValueDisclosure
|
$4.25M | USD | Point-in-time |
| Total Liabilities |
LiabilitiesFairValueDisclosure
|
$4.63M | 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
|
$9.14B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$10.19B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$11.03B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$11.16B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$10.51B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$11.08B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$13.86B | USD | Point-in-time |
| Net Assets |
FairValueNetAssetLiability
|
$12.25B | USD | Point-in-time |
| Shares issued and outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
481.85M | shares | Point-in-time |
| Shares issued and outstanding (in shares) |
TemporaryEquitySharesOutstanding
|
506.55M | shares | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$20.62 | USD | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$21.15 | USD | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$17.52 | USD | Point-in-time |
| Net asset value per Share (Note 2C) (in dollars per share) |
TemporaryEquityRedemptionPricePerShare
|
$18.83 | 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
|
$22.03 | USD | Point-in-time |
Income Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sponsor's fees |
SponsorsFees
|
$40.63M | USD | 3 Qtrs |
| Sponsor's fees |
SponsorsFees
|
$43.76M | USD | 3 Qtrs |
| Sponsor's fees |
SponsorsFees
|
$13.38M | USD | 1 Quarter |
| Sponsor's fees |
SponsorsFees
|
$11.85M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$43.76M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$13.38M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$11.85M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$40.63M | USD | 3 Qtrs |
| Net investment loss |
OperatingIncomeLoss
|
$-15.94M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-15.97M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-13.38M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-40.63M | USD | 3 Qtrs |
| Net investment loss |
OperatingIncomeLoss
|
$-13.13M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-11.85M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-14.12M | USD | 1 Quarter |
| Net investment loss |
OperatingIncomeLoss
|
$-43.76M | USD | 3 Qtrs |
| Silver bullion sold to pay expenses |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$540.97K | USD | 3 Qtrs |
| Silver bullion sold to pay expenses |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$1.17M | USD | 1 Quarter |
| Silver bullion sold to pay expenses |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$3.27M | USD | 3 Qtrs |
| Silver bullion sold to pay expenses |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$-1.67M | USD | 1 Quarter |
| Silver bullion distributed for the redemption of Shares |
NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares
|
$-253.41M | USD | 1 Quarter |
| Silver bullion distributed for the redemption of Shares |
NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares
|
$223.16M | USD | 3 Qtrs |
| Silver bullion distributed for the redemption of Shares |
NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares
|
$-155.88M | USD | 3 Qtrs |
| Silver bullion distributed for the redemption of Shares |
NetRealizedGainLossFromSilverDistributedForTheRedemptionOfShares
|
$94.34M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$28.55M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$71.19M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$80.96M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$226.42M | USD | 3 Qtrs |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$49.95M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$95.51M | USD | 1 Quarter |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$-155.33M | USD | 3 Qtrs |
| Net realized gain (loss) |
RealizedInvestmentGainsLosses
|
$-255.08M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-745.82M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-2.54B | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-489.45M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$874.38M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-115.73M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-640.96M | USD | 3 Qtrs |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-2.15B | USD | 3 Qtrs |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$220.59M | USD | 1 Quarter |
| Net realized and unrealized gain (loss) |
GainLossOnInvestments
|
$-744.53M | USD | 1 Quarter |
| Net realized and unrealized gain (loss) |
GainLossOnInvestments
|
$-2.31B | USD | 3 Qtrs |
| Net realized and unrealized gain (loss) |
GainLossOnInvestments
|
$-414.54M | USD | 3 Qtrs |
| Net realized and unrealized gain (loss) |
GainLossOnInvestments
|
$316.10M | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$-678.98M | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$-2.52B | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$-756.38M | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$-455.17M | USD | 3 Qtrs |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$929.60M | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$-78.91M | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$-2.35B | USD | 3 Qtrs |
| Net increase (decrease) in net assets resulting from operations |
NetIncomeLoss
|
$302.72M | USD | 1 Quarter |
| Net increase (decrease) in net assets per Share (in dollars per share) |
EarningsPerShareBasic
|
$-4.09 | USD | 3 Qtrs |
| Net increase (decrease) in net assets per Share (in dollars per share) |
EarningsPerShareBasic
|
$-1.43 | USD | 1 Quarter |
| Net increase (decrease) in net assets per Share (in dollars per share) |
EarningsPerShareBasic
|
$-0.90 | USD | 3 Qtrs |
| Net increase (decrease) in net assets per Share (in dollars per share) |
EarningsPerShareBasic
|
$0.62 | USD | 1 Quarter |
Cash Flow Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$41.01M | USD | 3 Qtrs |
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$45.27M | USD | 3 Qtrs |
| Expenses Sponsors fees paid |
PaymentsForFees
|
$45.27M | USD | 3 Qtrs |
| Expenses Sponsors fees paid |
PaymentsForFees
|
$41.01M | 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 |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
- | USD | Point-in-time |
| Cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
- | USD | Point-in-time |
| Cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
- | USD | Point-in-time |
| Cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
- | USD | Point-in-time |
| Cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
- | USD | Point-in-time |
| Cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
- | USD | Point-in-time |
| Cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
- | USD | Point-in-time |
| Cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
- | USD | Point-in-time |
| Net decrease in net assets resulting from operations |
NetIncomeLoss
|
$-678.98M | USD | 1 Quarter |
| Net decrease in net assets resulting from operations |
NetIncomeLoss
|
$-2.52B | USD | 1 Quarter |
| Net decrease in net assets resulting from operations |
NetIncomeLoss
|
$-756.38M | USD | 1 Quarter |
| Net decrease in net assets resulting from operations |
NetIncomeLoss
|
$-455.17M | USD | 3 Qtrs |
| Net decrease in net assets resulting from operations |
NetIncomeLoss
|
$929.60M | USD | 1 Quarter |
| Net decrease in net assets resulting from operations |
NetIncomeLoss
|
$-78.91M | USD | 1 Quarter |
| Net decrease in net assets resulting from operations |
NetIncomeLoss
|
$-2.35B | USD | 3 Qtrs |
| Net decrease in net assets resulting from operations |
NetIncomeLoss
|
$302.72M | USD | 1 Quarter |
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$41.01M | USD | 3 Qtrs |
| Proceeds from silver bullion sold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$45.27M | USD | 3 Qtrs |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$28.55M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$71.19M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$80.96M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$226.42M | USD | 3 Qtrs |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$49.95M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$95.51M | USD | 1 Quarter |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$-155.33M | USD | 3 Qtrs |
| Net realized (gain) loss |
RealizedInvestmentGainsLosses
|
$-255.08M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-745.82M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-2.54B | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-489.45M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$874.38M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-115.73M | USD | 1 Quarter |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-640.96M | USD | 3 Qtrs |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$-2.15B | USD | 3 Qtrs |
| Net change in unrealized appreciation/depreciation |
UnrealizedGainLossOnInvestments
|
$220.59M | USD | 1 Quarter |
| Sponsors fees payable |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$-1.52M | USD | 3 Qtrs |
| Sponsors fees payable |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$-380.94K | 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
|
$2.76B | USD | 3 Qtrs |
| Silver bullion contributed for Shares issued |
FairValueOfAssetsAcquired
|
$2.91B | USD | 3 Qtrs |
| Silver bullion distributed for Shares redeemed |
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
$3.27B | USD | 3 Qtrs |
| Silver bullion distributed for Shares redeemed |
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
$3.66B | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.