On this page of Benford's Law Stocks.com we present our study of GRANITESHARES GOLD TRUST — ticker symbol BAR. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 5/8/2024 to 2/4/2026 for GRANITESHARES GOLD TRUST under CIK number 0001690437. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for BAR, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for GRANITESHARES GOLD TRUST based on the past BAR filings our system processed in the past.
41.5
9.6
18.1
5.9
6.4
5.3
5.3
4.3
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 188
Recent share count: 35,150,000 (3's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
188
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 2 numbers to move any given column by a full percentage point.
89

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 2's percentage was below the typical coverage universe range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 3, we canceled the penalty multiplier.
 • We deducted points upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was below the typical coverage universe range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 5's percentage was below the typical coverage universe range.
Benford's Law Stocks Indicator
BAR
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
MGRX
DFLI
CXAI
GRAL
WS
PHIN
SOTK
HUDA
Check our work! We provide our GRANITESHARES GOLD TRUST Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the BAR filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 78 numbers that start with the digit 1. Here they are:
1,492,343
1,105,737
1,492,343
1,105,737
162
162
1,492,121
1,105,575
1,492,343
100.01
1,492,343
100.01
1,492,121
100.00
1,105,737
100.01
1,105,737
100.01
162
1,105,575
100.00
1,135
1,135
1,135
144
10,034
16,308
10,178
16,576
163,047
16,110
163,374
162,747
19
1,285,914
1,105,575
1,050,000
1,550,000
1,000,000
1,800,000
16,665
1,135
144
10,034
16,308
163,047
16,110
1,492,121
1,492,121
19
10.06
10.03
12.57
11.90
11.64
12.76
1,492,121
1,492,121
17
17
17
17
17
17
17
17
1,492,343
1,492,343
1,105,737
1,105,737
1749
161,986
1,105,737
15,279.064
1,492,343
1,105,737
100,000
1749
We found 18 numbers that start with the digit 2. Here they are:
222
222
222
268
2.78
26,227
268
25.97
23.03
2.76
20
2.74
25.77
25.77
25.89
25.89
222,334
280,132
We found 34 numbers that start with the digit 3. Here they are:
35,150,000
35,150,000
34,100,000
32.42
346,416.237
336,351.098
386
386
386
327
327
334,716
343,321
342,186
34,785
33,302
34,351
33,658
300,000
386
327
334,716
37.71
32.42
30.94
31
30.18
336,351.098
334,716
346,416.237
339,410.178
30,097.409
33,156.489
336,351.098
4's 5's 6's
We found 11 numbers that start with the digit 4. Here they are:
42.45
4.68
43,460
45,403
4.76
4.74
42.45
42.45
42.49
42.49
430
We found 12 numbers that start with the digit 5. Here they are:
588,663
588,663
588,663
569
5,932
500,000
569
50,000
50,000
500
5,213.925
55,580
We found 10 numbers that start with the digit 6. Here they are:
640,553
640,553
640,553
627
627
627
6,318
61,025
627
61,024
7's 8's 9's
We found 10 numbers that start with the digit 7. Here they are:
753
753
753
77,869
790,994
7,280
753
77,869
77
791,131
We found 8 numbers that start with the digit 8. Here they are:
8,036
8,605
879,108
8,036
846,563
846,563
846,563
846,563
We found 7 numbers that start with the digit 9. Here they are:
94,445
93,692
9.96
99.90
99.95
9,134
90,054
While the above BAR 10Q Filed 2/4/2026 is interesting in isolation, we have found that it is also useful to take a look at older GRANITESHARES GOLD TRUST filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 2/4/2026 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical BAR 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

41.5
9.6
18.1
5.9
6.4
5.3
5.3
4.3
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 188

= Typical BAR range from 5/8/2024 to 2/4/2026
40.1
14.1
9.4
10.4
6.8
3.6
8.3
2.6
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 192

= Typical BAR range from 5/8/2024 to 2/4/2026
40.0
11.2
5.3
9.4
7.1
0.6
10.6
1.8
14.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 0
XBRL?   [ original filing ]
Total numbers found: 170

= Typical BAR range from 5/8/2024 to 2/4/2026
46.2
6.9
17.7
1.5
13.8
2.3
2.3
5.4
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 30
XBRL?   [ original filing ]
Total numbers found: 130

= Typical BAR range from 5/8/2024 to 2/4/2026
32.8
12.0
8.9
5.2
8.3
3.1
12.0
13.0
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 2
XBRL?   [ original filing ]
Total numbers found: 192

= Typical BAR range from 5/8/2024 to 2/4/2026
45.2
9.6
0.5
12.8
5.3
3.2
6.9
4.8
11.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 28
XBRL?   [ original filing ]
Total numbers found: 188

= Typical BAR range from 5/8/2024 to 2/4/2026
41.7
8.3
14.9
7.1
6.0
1.8
8.9
1.8
9.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 38
XBRL?   [ original filing ]
Total numbers found: 168

= Typical BAR range from 5/8/2024 to 2/4/2026
27.3
11.4
12.1
11.4
6.8
3.8
9.8
12.1
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 38
XBRL?   [ original filing ]
Total numbers found: 132

= Typical BAR range from 5/8/2024 to 2/4/2026
 

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