Here are the 10-Q quarterly reports from GraniteShares Platinum Shares (PLTM) in our archive since June 2025, 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 PLTM 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 PLTM filings page.
GraniteShares Platinum Trust (PLTM) ended September 30, 2026 with net assets of $178,095,162, compared with $163,763,383 at June 30, 2026. The Trust held 103,945.788 ounces of platinum valued at $178.173 million, and 10,850,000 shares were outstanding.
During the quarter, the platinum price rose from $1,567.00 to $1,714.10 per ounce, an increase of 9.39%. Net asset value per share rose from $15.02 to $16.41, and the quarter’s NAV total return was 9.25%, not annualized. Operations increased net assets by $14,840,364, including $14,554,505 of unrealized appreciation and $514,572 of net realized gains, offset by $228,713 in Sponsor fees.
The Trust created 250,000 shares and redeemed 300,000 shares during the quarter. Shares are issued and redeemed only to Authorized Participants in 50,000-share Baskets, in exchange for platinum. The Sponsor fee accrues at an annualized rate of 0.50% and is paid through in-kind transfers of platinum; the Trust had no cash balances at quarter end.
GraniteShares Platinum Trust reported a sharp expansion in size and strong price performance tied to platinum bullion. Net assets rose from $85.2M on June 30, 2025 to $220.7M on March 31, 2026, driven by higher platinum prices and significant share creations.
Shares outstanding increased from 6,550,000 to 12,050,000 over nine months, while net asset value per share climbed from $13.01 to $18.32, a 40.81% total return at NAV. Over the same period, the platinum price advanced 41.33%, with the small performance gap explained by the annualized 0.50% Sponsor fee.
In the March 2026 quarter, platinum fell from $2,027.00 to $1,908.00, producing a 5.60% decline in total net asset value and a per-share loss of $1.17. The Trust held 115,751.508 ounces of platinum at quarter end and recorded no expenses other than Sponsor fees.
GraniteShares Platinum Trust reported very strong performance for the quarter and six months ended December 31, 2025, driven by higher platinum prices and substantial share creations. Net assets rose to $233.8 million at December 31, 2025, from $85.2 million at June 30, 2025.
The number of shares outstanding increased from 6,550,000 to 12,000,000, reflecting 112 basket creations and 3 redemptions over six months. Net asset value per share climbed from $13.01 to $19.49, closely tracking the 50.1% rise in platinum prices over the same period.
For the quarter, the Trust recorded a net increase in net assets from operations of $39.2 million, almost entirely from unrealized gains on platinum bullion and small realized gains on metal sold for redemptions and fees. The only recurring expense was the Sponsor’s fee of 0.50% annually, totaling $311,766 for the six months.
GraniteShares Platinum Trust reported a strong quarter for the period ended September 30, 2025. Net assets rose to $129,274,099 from $85,206,010, a 51.7% increase, and NAV per share grew to $15.12 from $13.01, up 16.22%. The Trust held 82,314.102 ounces of platinum valued at $129,315,000 using the LBMA Platinum Price PM.
Performance was driven by platinum moving from $1,350.00 to $1,571.00 (up 16.37%) and increased share count from creations: 41 baskets created and 1 basket redeemed (net 2,000,000 shares). Net increase from operations was $15,776,940, reflecting $15,733,856 of unrealized gains and $159,945 realized gains, partially offset by Sponsor fees of $116,861. The annualized expense ratio was 0.50%. As of November 03, 2025, shares outstanding were 9,300,000.
GraniteShares Platinum Trust reported a strong quarter tracking platinum prices. Net assets rose to $129,274 from $85,206 as of September 30, 2025, driven by higher platinum values and new share creations. Net asset value per share increased to $15.12 from $13.01, with a total return at NAV of 16.22% for the quarter.
The Trust held 82,314.102 ounces of platinum at quarter-end, up from 63,137.357 ounces on June 30, 2025. Creations totaled 2,050,000 shares (41 baskets) and redemptions were 50,000 shares (1 basket). Operations reflected an unrealized gain of $15,734 and realized gains of $160, offset by Sponsor fees of $117. The Sponsor fee rate remained 0.50% annualized. As of November 03, 2025, shares outstanding were 9,300,000.
The Trust’s investment in platinum is valued using the LBMA Platinum Price PM and classified as Level 1 under fair value standards, with no transfers between levels. Liquidity needs are limited since the Sponsor assumes most operating expenses.