Every 10-Q that Breakwave Dry Bulk Shipping ETF (BDRY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BDRY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BDRY filings page.
Amplify Commodity Trust, which oversees the Breakwave Dry Bulk Shipping ETF (BDRY) and Breakwave Tanker Shipping ETF (BWET), reports strong results for the quarter ended March 31, 2026, driven by freight futures gains. Combined net income for the quarter was $30.4 million, with BDRY earning $4.5 million and BWET $25.9 million, mainly from realized and unrealized gains on futures contracts.
Combined net assets rose to $100.0 million, up from $67.1 million at June 30, 2025, helped by net share creations in BWET and significant trading gains. At March 31, 2026, BDRY had 4,275,040 shares outstanding with a NAV of $10.09 per share, while BWET had 475,100 shares outstanding with a NAV of $119.74. Both funds continue to invest primarily in Baltic Exchange–based freight futures, using cash and money market holdings as margin and collateral.
Amplify Commodity Trust, which operates the Breakwave Dry Bulk Shipping ETF (BDRY) and Breakwave Tanker Shipping ETF (BWET), reports sharply improved results for the quarter and six months ended December 31, 2025. Performance is driven almost entirely by dry bulk and crude tanker freight futures.
For the six months, BDRY generated net income of $27,486,786 and BWET earned $1,267,034, reversing sizeable losses in the prior-year period. Combined net assets fell from $67,146,259 at June 30, 2025 to $35,153,239 at December 31, 2025, mainly because redemptions of BDRY and BWET shares exceeded new creations.
At December 31, 2025 BDRY held net assets of $33,223,840 with a net asset value of $8.74 per share, while BWET held $1,929,399 with a net asset value of $19.27 per share. As of February 1, 2026, there were 4,675,040 BDRY shares and 175,100 BWET shares outstanding.
Amplify Commodity Trust reported quarterly results for its two exchange-traded commodity pools. For the three months ended September 30, 2025, BDRY posted net income of $21,936,582 and a total return at NAV of 35.37%, driven by realized gains on dry bulk freight futures. BWET recorded net income of $515,024 with a NAV total return of 37.74%.
Combined net assets declined to $40,283,545 from $67,146,259 at June 30, 2025, as sizable redemptions outpaced gains. At quarter end, BDRY’s NAV per share was $7.61 (market $7.51), and BWET’s NAV per share was $14.64 (market $14.75). The funds continue to operate under expense caps of 3.50%, with BWET showing a CTA fee waiver of $6,137 and sponsor expense absorption of $88,678 this quarter.
As of November 1, 2025, shares outstanding were 4,675,040 for BDRY and 175,100 for BWET; this is a baseline figure, not the amount being offered.