GraniteShares Platinum Trust Files Q2 2025 10-Q
Ticker: PLTM · Form: 10-Q · Filed: Feb 3, 2025 · CIK: 1690842
| Field | Detail |
|---|---|
| Company | Graniteshares Platinum Trust (PLTM) |
| Form Type | 10-Q |
| Filed Date | Feb 3, 2025 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $, $000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, platinum-trust
TL;DR
GraniteShares Platinum Trust filed its Q2 2025 10-Q on Feb 3, 2025, covering the period ending Dec 31, 2024.
AI Summary
GraniteShares Platinum Trust filed its 10-Q for the period ending December 31, 2024. The filing covers the second quarter of their fiscal year, which began on July 1, 2024. The company is incorporated in New York and its fiscal year ends on June 30. The filing was made on February 3, 2025.
Why It Matters
This filing provides investors with an update on the financial performance and holdings of the GraniteShares Platinum Trust for the second quarter of fiscal year 2025.
Risk Assessment
Risk Level: low — This filing is a routine quarterly report and does not indicate any immediate or significant risks.
Key Numbers
- 2024-12-31 — Reporting Period End Date (This is the end date for the financial data presented in the 10-Q.)
- 2025-02-03 — Filing Date (This is the date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- GraniteShares Platinum Trust (company) — Filer of the 10-Q
- 2024-12-31 (date) — End of reporting period
- 2025-02-03 (date) — Filing date
- 0001690842 (company) — Central Index Key for GraniteShares Platinum Trust
FAQ
What is the primary asset held by the GraniteShares Platinum Trust?
The filing indicates that the trust holds 'PLTM:PlatinumMember' assets.
What is the fiscal year end for GraniteShares Platinum Trust?
The fiscal year end for GraniteShares Platinum Trust is June 30.
What is the Central Index Key (CIK) for GraniteShares Platinum Trust?
The CIK for GraniteShares Platinum Trust is 0001690842.
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending December 31, 2024, which corresponds to the second quarter of their fiscal year.
In which state was GraniteShares Platinum Trust incorporated?
GraniteShares Platinum Trust was incorporated in New York.
Filing Stats: 4,851 words · 19 min read · ~16 pages · Grade level 11.5 · Accepted 2025-02-03 17:20:07
Key Financial Figures
- $ — d June 30, 2024 Amounts in 000's of US$, except share and per share data Decem
- $000 — 9.47 % ( 9.10 )% 9.16 % Net assets ($000's) $ 45,905 $ 39,552 $ 45,905 $ 39,
Filing Documents
- form10-q.htm (10-Q) — 320KB
- ex31-1.htm (EX-31.1) — 12KB
- ex31-2.htm (EX-31.2) — 12KB
- ex32-1.htm (EX-32.1) — 6KB
- ex32-2.htm (EX-32.2) — 6KB
- 0001493152-25-004701.txt ( ) — 1755KB
- pltm-20241231.xsd (EX-101.SCH) — 18KB
- pltm-20241231_cal.xml (EX-101.CAL) — 14KB
- pltm-20241231_def.xml (EX-101.DEF) — 38KB
- pltm-20241231_lab.xml (EX-101.LAB) — 121KB
- pltm-20241231_pre.xml (EX-101.PRE) — 90KB
- form10-q_htm.xml (XML) — 205KB
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION Item 1.
Financial Statements
Financial Statements 3 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 12 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 14 Item 4.
Controls and Procedures
Controls and Procedures 14
OTHER INFORMATION
PART II. OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 15 Item 1A.
Risk Factors
Risk Factors 15 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 15 Item 3. Defaults Upon Senior Securities 15 Item 4. Mine Safety Disclosures 15 Item 5. Other Information 15 Item 6. Exhibits 15
SIGNATURES
SIGNATURES 16 2 PART I - FINANCIAL INFORMATION: Item 1. Financial Statements of Assets and Liabilities At December 31, 2024 (unaudited) and June 30, 2024 Amounts in 000's of US$, except share and per share data December 31, 2024 June 30, 2024 (unaudited) Assets Investment in platinum, at fair value (1) $ 45,924 $ 43,136 Total Assets $ 45,924 $ 43,136 Liabilities Fees payable to Sponsor $ 19 $ 17 Total Liabilities 19 17 Net Assets $ 45,905 $ 43,119 Shares issued and outstanding (2) 5,200,000 4,400,000 Net asset value per Share $ 8.83 $ 9.80 (1) Cost of investment in platinum: $ 50,479 and $ 43,369 , respectively. (2) No par value, unlimited amount authorized. See Notes to the Financial Statements 3 Schedules of Investments At December 31, 2024 (unaudited) and June 30, 2024 Amounts in 000's of US$, except for ounces and percentages December 31, 2024 (unaudited) Ounces of platinum Cost Value % of Net Assets Platinum 50,244.872 $ 50,479 $ 45,924 100.04 % Total investment $ 50,479 $ 45,924 100.04 % Assets in excess of liabilities $ ( 19 ) ( 0.04 )% Net Assets $ 45,905 100.00 % June 30, 2024 Ounces of platinum Cost Value % of Net Assets Platinum 42,625.054 $ 43,369 $ 43,136 100.04 % Total investment $ 43,369 $ 43,136 100.04 % Liabilities in excess of other assets $ ( 17 ) ( 0.04 )% Net Assets $ 43,119 100.00 % See Notes to the Financial Statements 4 of Operations (Unaudited) For the three and six months ended December 31, 2024, and 2023 Amounts in 000's of US$, except per share data Three Months Ended December 31, 2024 Three Month Ended December 31, 2023 Six Months Ended December 31, 2024 Six Months Ended December 31, 2023 Expenses Sponsor fees $ 55 $ 45 $ 107 $ 92 Total expenses 55 45 107 92 Net investment loss ( 55 ) ( 45 ) ( 107 ) ( 92 ) Net realized and