10-Q Filing

CERES TACTICAL SYSTEMATIC L.P. CIK: 1209709 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0000950123-11-077526`
Period End Date	20110630
Filing Date	20110815
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	tdff-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 92 Stockholders Equity 2

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Investment in Funds, at fair value	`InvestmentOwnedAtFairValue`	$675.84M	USD	Point-in-time
Investment in Funds, at fair value	`InvestmentOwnedAtFairValue`	$734.28M	USD	Point-in-time
General partner outstanding equivalent unit	`GeneralPartnersCapitalAccountUnitsOutstanding`	7,513.53	shares	Point-in-time
General partner outstanding equivalent unit	`GeneralPartnersCapitalAccountUnitsOutstanding`	7,513.53	shares	Point-in-time
Cash	`Cash`	$32.30M	USD	Point-in-time
Limited partner outstanding redeemable unit	`LimitedPartnersCapitalAccountUnitsOutstanding`	622,069.85	shares	Point-in-time
Limited partner outstanding redeemable unit	`LimitedPartnersCapitalAccountUnitsOutstanding`	647,408.83	shares	Point-in-time
Cash	`Cash`	$37.46M	USD	Point-in-time
Cash margin	`MarginDepositAssets`	$6.00M	USD	Point-in-time
Cash margin	`MarginDepositAssets`	$2.31M	USD	Point-in-time
Net unrealized appreciation on open futures contracts	`InvestmentOwnedUnrecognizedUnrealizedAppreciation`	$132.64K	USD	Point-in-time
Net unrealized appreciation on open futures contracts	`InvestmentOwnedUnrecognizedUnrealizedAppreciation`	$2.72M	USD	Point-in-time
Total trading equity	`EquityInTradingAccount`	$780.45M	USD	Point-in-time
Total trading equity	`EquityInTradingAccount`	$710.58M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$2.91K	USD	Point-in-time
Interest receivable	`InterestReceivable`	$349.00	USD	Point-in-time
Total assets	`Assets`	$710.58M	USD	Point-in-time
Total assets	`Assets`	$780.45M	USD	Point-in-time
Brokerage fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$3.58M	USD	Point-in-time
Brokerage fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$3.26M	USD	Point-in-time
Management fees	`ManagementFeesPayable`	$1.02M	USD	Point-in-time
Management fees	`ManagementFeesPayable`	$1.25M	USD	Point-in-time
Incentive fees	`IncentiveFeesPayable`	-	USD	Point-in-time
Incentive fees	`IncentiveFeesPayable`	$364.79K	USD	Point-in-time
Other	`OtherLiabilities`	$158.42K	USD	Point-in-time
Other	`OtherLiabilities`	$410.21K	USD	Point-in-time
Redemptions Payable	`PayablesToCustomers`	$16.30M	USD	Point-in-time
Redemptions Payable	`PayablesToCustomers`	$11.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$20.99M	USD	Point-in-time
General Partner, 7,513.5294 unit equivalents outstanding at June 30, 2011 and December 31, 2010	`GeneralPartnersCapitalAccount`	$8.23M	USD	Point-in-time
General Partner, 7,513.5294 unit equivalents outstanding at June 30, 2011 and December 31, 2010	`GeneralPartnersCapitalAccount`	$8.76M	USD	Point-in-time
Limited Partners, 622,069.8495 and 647,408.8339 Redeemable Units outstanding at June 30, 2011 and December 31, 2010, respectively	`LimitedPartnersCapitalAccount`	$754.41M	USD	Point-in-time
Limited Partners, 622,069.8495 and 647,408.8339 Redeemable Units outstanding at June 30, 2011 and December 31, 2010, respectively	`LimitedPartnersCapitalAccount`	$681.36M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$749.99M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$786.91M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$763.17M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$689.59M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$769.00M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$789.54M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$780.45M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$710.58M	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.10K	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.17K	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.15K	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$1.48K	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$10.37K	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	$12.90K	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	$8.76K	USD	1 Quarter
Interest income from investment in Funds	`InvestmentIncomeInterest`	$278.46K	USD	2 Qtrs
Interest income from investment in Funds	`InvestmentIncomeInterest`	$187.98K	USD	1 Quarter
Interest income from investment in Funds	`InvestmentIncomeInterest`	$166.92K	USD	2 Qtrs
Interest income from investment in Funds	`InvestmentIncomeInterest`	$25.82K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$177.29K	USD	2 Qtrs
Total investment income	`InterestAndDividendIncomeOperating`	$196.74K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$291.37K	USD	2 Qtrs
Total investment income	`InterestAndDividendIncomeOperating`	$27.30K	USD	1 Quarter
Brokerage fees including clearing fees	`SellingExpense`	$23.37M	USD	2 Qtrs
Brokerage fees including clearing fees	`SellingExpense`	$11.86M	USD	1 Quarter
Brokerage fees including clearing fees	`SellingExpense`	$22.73M	USD	2 Qtrs
Brokerage fees including clearing fees	`SellingExpense`	$11.23M	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$3.83M	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$7.27M	USD	2 Qtrs
Management fee	`ManagementFeeExpense`	$3.53M	USD	1 Quarter
Management fee	`ManagementFeeExpense`	$7.61M	USD	2 Qtrs
Incentive Fee	`IncentiveFeeExpense`	$347.61K	USD	2 Qtrs
Other	`OtherExpenses`	$420.74K	USD	1 Quarter
Other	`OtherExpenses`	$456.80K	USD	2 Qtrs
Other	`OtherExpenses`	$210.06K	USD	1 Quarter
Other	`OtherExpenses`	$946.78K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$15.90M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$15.19M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$31.44M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$31.29M	USD	2 Qtrs
Net investment income (loss)	`NetInvestmentIncome`	$-31.15M	USD	2 Qtrs
Net investment income (loss)	`NetInvestmentIncome`	$-15.70M	USD	1 Quarter
Net investment income (loss)	`NetInvestmentIncome`	$-15.16M	USD	1 Quarter
Net investment income (loss)	`NetInvestmentIncome`	$-31.12M	USD	2 Qtrs
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$35.43K	USD	2 Qtrs
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$2.71M	USD	1 Quarter
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$-874.69K	USD	1 Quarter
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$2.11M	USD	2 Qtrs
Net realized gains (losses) on investment in Funds	`RealizedInvestmentGainsLosses`	$-12.09M	USD	1 Quarter
Net realized gains (losses) on investment in Funds	`RealizedInvestmentGainsLosses`	$11.58M	USD	2 Qtrs
Net realized gains (losses) on investment in Funds	`RealizedInvestmentGainsLosses`	$-11.06M	USD	1 Quarter
Net realized gains (losses) on investment in Funds	`RealizedInvestmentGainsLosses`	$-15.55M	USD	2 Qtrs
Change in net unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-2.23M	USD	1 Quarter
Change in net unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$1.34M	USD	2 Qtrs
Change in net unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$65.01K	USD	1 Quarter
Change in net unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-2.59M	USD	2 Qtrs
Change in net unrealized gains (losses) on investment in Funds	`UnrealizedGainLossOnInvestments`	$-3.55M	USD	1 Quarter
Change in net unrealized gains (losses) on investment in Funds	`UnrealizedGainLossOnInvestments`	$-16.69M	USD	1 Quarter
Change in net unrealized gains (losses) on investment in Funds	`UnrealizedGainLossOnInvestments`	$-24.75M	USD	2 Qtrs
Change in net unrealized gains (losses) on investment in Funds	`UnrealizedGainLossOnInvestments`	$1.72M	USD	2 Qtrs
Total trading results	`TradingActivityGainsAndLossesNet`	$-12.86M	USD	1 Quarter
Total trading results	`TradingActivityGainsAndLossesNet`	$-12.46M	USD	2 Qtrs
Total trading results	`TradingActivityGainsAndLossesNet`	$-30.85M	USD	1 Quarter
Total trading results	`TradingActivityGainsAndLossesNet`	$-13.65M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-46.01M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-43.61M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-28.56M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-44.77M	USD	2 Qtrs
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$67.32M	USD	2 Qtrs
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$40.66M	USD	2 Qtrs
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$20.72M	USD	1 Quarter
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$31.54M	USD	1 Quarter
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$35.11M	USD	1 Quarter
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$44.25M	USD	2 Qtrs
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$69.47M	USD	2 Qtrs
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$20.90M	USD	1 Quarter
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-60.41M	USD	1 Quarter
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-20.54M	USD	2 Qtrs
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-17.92M	USD	1 Quarter
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-73.58M	USD	2 Qtrs
Partners' Capital, beginning of period	`PartnersCapital`	$749.99M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$786.91M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$763.17M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$689.59M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$769.00M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$789.54M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$749.99M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$786.91M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$763.17M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$689.59M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$769.00M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$789.54M	USD	Point-in-time
Net asset value per unit (629,583.3789 and 670,119.2127 units outstanding at June 30, 2011 and 2010, respectively)	`NetAssetValuePerUnit`	$1.10K	USD	Point-in-time
Net asset value per unit (629,583.3789 and 670,119.2127 units outstanding at June 30, 2011 and 2010, respectively)	`NetAssetValuePerUnit`	$1.17K	USD	Point-in-time
Net asset value per unit (629,583.3789 and 670,119.2127 units outstanding at June 30, 2011 and 2010, respectively)	`NetAssetValuePerUnit`	$1.15K	USD	Point-in-time
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-71.76	USD	1 Quarter
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-65.16	USD	2 Qtrs
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-69.97	USD	2 Qtrs
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-42.25	USD	1 Quarter
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	672,746.14	shares	1 Quarter
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	652,138.83	shares	2 Qtrs
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	668,994.81	shares	2 Qtrs
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	646,285.63	shares	1 Quarter

Stockholders Equity 2 line items

Line Item	Tag	Value	Unit	Period
Net asset value, units outstanding	`PartnersCapitalAccountUnits`	629,583.38	shares	Point-in-time
Net asset value, units outstanding	`PartnersCapitalAccountUnits`	670,119.21	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.