Sprott Physical Silver Trust (PSLV) Shares Outstanding (2014 - 2026)
Sprott Physical Silver Trust's Weighted Average Shares Outstanding came in at 557.08 million for the quarter ended Sep 30, 2026, up 11.8% from 498.18 million a year earlier and unchanged from the prior quarter.
Sprott Physical Silver Trust (PSLV) Shares Outstanding (2014 - 2026) Analysis & Trends
Going back to the quarter ended Dec 31, 2014, Sprott Physical Silver Trust's Weighted Average Shares Outstanding data covers 48 quarters.
- Weighted Average Shares Outstanding has increased in each of the last eight years, with a five-year compound annual growth rate of 21.2% (years ended Dec 2020 to Dec 2025).
- Going back by year, Weighted Average Shares Outstanding was 498.18 million in the year ended Dec 31, 2024 (+1.2%), 492.28 million in the year ended Dec 31, 2023 (+8.2%), 455.15 million in the year ended Dec 31, 2022 (+16.8%) and 389.57 million in the year ended Dec 31, 2021 (+82.8%).
- Year-over-year, Weighted Average Shares Outstanding has increased for 32 consecutive quarters, with growth averaging 6.5% over the last eight quarters.
- The year-over-year growth in Weighted Average Shares Outstanding has ranged between 1.2% (the quarter ended Dec 31, 2024) and 82.8% (the quarter ended Sep 30, 2022) over the last five years.
- Business Quant data shows PSLV's Weighted Average Shares Outstanding at 557.08 million (quarter ended Jun 30, 2026), 557.08 million (quarter ended Mar 31, 2026) and 557.08 million (quarter ended Dec 31, 2025) in the three quarters before the quarter ended Sep 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 205.25 Bn | -2,192.43 Bn | 23.76 Bn | 1.67 Bn |
| 2 | Bhp | 201.96 Bn | 156.98 Bn | - | 2.54 Bn |
| 3 | Bank Of Nova Scotia | 114.44 Bn | -316.95 Bn | - | 1.24 Bn |
| 4 | Vylor | 48.40 Bn | 46.20 Bn | 313.00 Mn | 667.80 Mn |
| 5 | Nokia | 46.28 Bn | 46.28 Bn | 2.58 Bn | 5.42 Bn |
| 6 | Haleon | 41.09 Bn | 34.80 Bn | - | 4.49 Bn |
| 7 | Gold Fields | 32.02 Bn | 28.94 Bn | - | 894.97 Mn |
| 8 | Smith & Nephew | 27.46 Bn | 24.86 Bn | - | 867.00 Mn |
| 9 | Sprott Physical Gold Trust | 13.93 Bn | 13.78 Bn | - | 457.31 Mn |
| 10 | Sprott Physical Silver Trust | 9.70 Bn | 9.43 Bn | - | 557.08 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 557.08 Mn |
| Jun 30, 2026 | 557.08 Mn |
| Mar 31, 2026 | 557.08 Mn |
| Dec 31, 2025 | 557.08 Mn |
| Sep 30, 2025 | 498.18 Mn |
| Jun 30, 2025 | 498.18 Mn |
| Mar 31, 2025 | 498.18 Mn |
| Dec 31, 2024 | 498.18 Mn |
| Sep 30, 2024 | 492.28 Mn |
| Jun 30, 2024 | 492.28 Mn |
| Mar 31, 2024 | 492.28 Mn |
| Dec 31, 2023 | 492.28 Mn |
| Sep 30, 2023 | 455.15 Mn |
| Jun 30, 2023 | 455.15 Mn |
| Mar 31, 2023 | 455.15 Mn |
| Dec 31, 2022 | 455.15 Mn |
| Sep 30, 2022 | 389.57 Mn |
| Jun 30, 2022 | 389.57 Mn |
| Mar 31, 2022 | 389.57 Mn |
| Dec 31, 2021 | 389.57 Mn |
Sprott Physical Silver Trust Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=PSLV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "PSLV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=PSLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();