iShares Silver Trust Reports $11.6B Silver Holdings in 2024 10-K
Ticker: SLV · Form: 10-K · Filed: Feb 19, 2025 · CIK: 1330568
Sentiment: neutral
Topics: silver, commodity-trust, filing, 10-k
Related Tickers: SLV
TL;DR
SLV's 10-K shows $11.6B in silver bullion, up from $9.6B last year. Small class action payout too.
AI Summary
The iShares Silver Trust filed its 10-K for the fiscal year ending December 31, 2024. The Trust's investment in silver bullion was valued at $11.63 billion, an increase from $9.62 billion in the prior year. A payment of $138,783 was received from a class action settlement related to silver.
Why It Matters
This filing provides insight into the significant holdings of the iShares Silver Trust, a major player in the silver market, and its financial performance for the fiscal year 2024.
Risk Assessment
Risk Level: low — As a passively managed trust holding a commodity, the primary risks are market fluctuations in silver prices, not operational risks of the trust itself.
Key Numbers
- $11.63B — Silver Bullion Investment (Cost of investment in silver bullion for FY 2024, showing growth.)
- $9.62B — Silver Bullion Investment (Cost of investment in silver bullion for FY 2023, for comparison.)
- $138,783 — Class Action Settlement (A small, one-time payment received by the trust.)
- 508,950,000 — Shares Outstanding (Number of shares outstanding at the end of FY 2024.)
- 477,000,000 — Shares Outstanding (Number of shares outstanding at the end of FY 2023.)
Key Players & Entities
- iShares Silver Trust (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- $11,628,353,352 (dollar_amount) — Cost of investment in silver bullion for FY 2024
- $9,616,427,847 (dollar_amount) — Cost of investment in silver bullion for FY 2023
- $138,783 (dollar_amount) — Payment received from a class action settlement related to silver
FAQ
What was the total value of silver bullion held by the iShares Silver Trust at the end of fiscal year 2024?
The cost of investment in silver bullion was $11,628,353,352 as of December 31, 2024.
Did the iShares Silver Trust receive any additional income or settlements during the fiscal year 2024?
Yes, the Trust received a payment of $138,783 from a class action settlement related to silver.
How did the investment in silver bullion change from the previous fiscal year?
The cost of investment in silver bullion increased from $9,616,427,847 in fiscal year 2023 to $11,628,353,352 in fiscal year 2024.
What is the number of shares outstanding for the iShares Silver Trust at the end of fiscal year 2024?
There were 508,950,000 shares outstanding at the end of fiscal year 2024.
What is the primary business of the iShares Silver Trust?
The iShares Silver Trust is organized in New York and its primary function is to hold silver bullion.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 19, 2025 regarding iShares Silver Trust (SLV).