GraniteShares Platinum Trust filed its Form 10-Q for the quarterly period ended September 30, 2026, reporting a net asset value per share of $16.41 and net assets of $178,095 thousand as of that date.

Key Highlights

  • NAV per share rose to $16.41 at September 30, 2026, up from $15.02 at June 30, 2026, according to the filing.
  • Net assets totaled $178,095 thousand at quarter-end, compared with $163,763 thousand at the prior fiscal year-end.
  • The Trust held 103,945.788 ounces of platinum at fair value of $178,173 thousand as of September 30, 2026.
  • Net increase in net assets from operations was $14,840 thousand for the three months ended September 30, 2026, driven primarily by $14,554 thousand in unrealized appreciation.
  • Total return at net asset value was 9.25% for the quarter, while total return at market price was 9.37%, both figures not annualized.
  • Shares outstanding were 10,850,000 at September 30, 2026, reflecting 250,000 shares created and 300,000 shares redeemed during the quarter.
  • Sponsor fees of $229 thousand were the sole expense for the three months ended September 30, 2026, representing an annualized expense ratio of 0.50% of average net assets.

GraniteShares Platinum Trust Q3 2026 Financial Results and Portfolio Details

According to the Form 10-Q filed for the quarter ended September 30, 2026, NYSE Arca-listed GraniteShares Platinum Trust (NYSE Arca:PLTM) reported net assets of $178,095 thousand, up from $163,763 thousand at June 30, 2026. The Trust's sole asset is physical platinum, held in custody by ICBC Standard Bank Plc. The fair value of that platinum holding was $178,173 thousand as of September 30, 2026, against a cost basis of $164,298 thousand. Total liabilities consisted entirely of $78 thousand in sponsor fees payable.

For the three months ended September 30, 2026, the Trust recorded a net investment loss of $229 thousand, reflecting sponsor fee expenses as the only operating cost. Net realized gains totaled $515 thousand, comprising $18 thousand from platinum bullion sold to pay expenses and $497 thousand from platinum bullion distributed in connection with share redemptions. Net change in unrealized appreciation on the platinum investment was $14,554 thousand, bringing the net increase in net assets from operations to $14,840 thousand, or $1.35 per share. The weighted average number of shares outstanding during the period was 10,981 thousand.

The filing also presents comparative figures for the three months ended September 30, 2025. In that prior-year period, net assets increased by $15,777 thousand from operations, supported by $15,734 thousand in unrealized appreciation, with net assets ending at $129,274 thousand. The Trust's NAV per share at the end of the September 30, 2025 quarter was $15.12, and market value per share was $15.11. As of November 6, 2026, the registrant reported 10,600,000 shares outstanding. The Trust was formed on January 11, 2018 under New York law, with a fiscal year ending June 30, and is classified as an investment company under FASB ASC 946, though it is not registered under the Investment Company Act of 1940.

What Was Disclosed

GraniteShares Platinum Trust disclosed its unaudited financial statements for the quarter ended September 30, 2026, including its balance sheet, schedule of platinum holdings, results of operations, changes in net assets, and financial highlights covering NAV, return ratios, and expense ratios.