10-Q Filing

CERES TACTICAL SYSTEMATIC L.P. CIK: 1209709 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-355311`
Period End Date	20120630
Filing Date	20120814
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	tdff-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 95 Stockholders Equity 2

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
General partner's capital, units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	7,513.53	shares	Point-in-time
General partner's capital, units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	7,513.53	shares	Point-in-time
Investment in Funds, at fair value	`InvestmentOwnedAtFairValue`	$648.50M	USD	Point-in-time
Limited partner's capital, units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	616,142.58	shares	Point-in-time
Investment in Funds, at fair value	`InvestmentOwnedAtFairValue`	$573.90M	USD	Point-in-time
Limited partner's capital, units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	574,854.80	shares	Point-in-time
Cash	`Cash`	$23.41M	USD	Point-in-time
Cash	`Cash`	$21.81M	USD	Point-in-time
Cash margin	`MarginDepositAssets`	$5.13M	USD	Point-in-time
Cash margin	`MarginDepositAssets`	$6.15M	USD	Point-in-time
Net unrealized appreciation on open futures contracts	`InvestmentOwnedUnrecognizedUnrealizedAppreciation`	$1.19M	USD	Point-in-time
Net unrealized appreciation on open forward contracts	`InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetForwardContract`	$35.64K	USD	Point-in-time
Total trading equity	`EquityInTradingAccount`	$600.87M	USD	Point-in-time
Total trading equity	`EquityInTradingAccount`	$679.25M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$839.00	USD	Point-in-time
Total assets	`Assets`	$679.25M	USD	Point-in-time
Total assets	`Assets`	$600.87M	USD	Point-in-time
Net unrealized depreciation on open futures contracts	`InvestmentOwnedUnrecognizedUnrealizedDepreciation`	$343.62K	USD	Point-in-time
Brokerage fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$3.11M	USD	Point-in-time
Brokerage fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$2.75M	USD	Point-in-time
Management fees	`ManagementFeePayable`	$1.03M	USD	Point-in-time
Management fees	`ManagementFeePayable`	$911.07K	USD	Point-in-time
Other	`OtherLiabilities`	$375.49K	USD	Point-in-time
Other	`OtherLiabilities`	$357.72K	USD	Point-in-time
Redemptions payable	`PayablesToCustomers`	$9.01M	USD	Point-in-time
Redemptions payable	`PayablesToCustomers`	$8.18M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$13.39M	USD	Point-in-time
General Partner, 7,513.5294 unit equivalents outstanding at June 30, 2012 and December 31, 2011	`GeneralPartnersCapitalAccount`	$8.03M	USD	Point-in-time
General Partner, 7,513.5294 unit equivalents outstanding at June 30, 2012 and December 31, 2011	`GeneralPartnersCapitalAccount`	$7.58M	USD	Point-in-time
Limited Partners, 574,854.7971 and 616,142.5801 Redeemable Units outstanding at June 30, 2012 and December 31, 2011, respectively	`LimitedPartnersCapitalAccount`	$658.53M	USD	Point-in-time
Limited Partners, 574,854.7971 and 616,142.5801 Redeemable Units outstanding at June 30, 2012 and December 31, 2011, respectively	`LimitedPartnersCapitalAccount`	$579.90M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$631.47M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$666.56M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$587.48M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$763.17M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$749.99M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$689.59M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$600.87M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$679.25M	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.01K	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.07K	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.17K	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.05K	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.17K	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.10K	USD	Point-in-time

Income Statement 95 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$10.37K	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	$3.19K	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$1.48K	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$5.63K	USD	2 Qtrs
Interest income from investment in Funds	`InvestmentIncomeInterest`	$166.92K	USD	2 Qtrs
Interest income from investment in Funds	`InvestmentIncomeInterest`	$115.48K	USD	2 Qtrs
Interest income from investment in Funds	`InvestmentIncomeInterest`	$25.82K	USD	1 Quarter
Interest income from investment in Funds	`InvestmentIncomeInterest`	$64.32K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$121.11K	USD	2 Qtrs
Total investment income	`InterestAndDividendIncomeOperating`	$67.51K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$27.30K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$177.29K	USD	2 Qtrs
Brokerage fees including clearing fees	`SellingExpense`	$22.73M	USD	2 Qtrs
Brokerage fees including clearing fees	`SellingExpense`	$18.73M	USD	2 Qtrs
Brokerage fees including clearing fees	`SellingExpense`	$11.23M	USD	1 Quarter
Brokerage fees including clearing fees	`SellingExpense`	$9.00M	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$3.53M	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$2.83M	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$5.88M	USD	2 Qtrs
Management fees	`ManagementFeeExpense`	$7.27M	USD	2 Qtrs
Incentive fees	`IncentiveFeeExpense`	$347.61K	USD	2 Qtrs
Other	`OtherExpenses`	$263.44K	USD	1 Quarter
Other	`OtherExpenses`	$420.74K	USD	1 Quarter
Other	`OtherExpenses`	$535.94K	USD	2 Qtrs
Other	`OtherExpenses`	$946.78K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$15.19M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$12.10M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$31.29M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$25.15M	USD	2 Qtrs
Net investment income (loss)	`NetInvestmentIncome`	$-12.03M	USD	1 Quarter
Net investment income (loss)	`NetInvestmentIncome`	$-25.03M	USD	2 Qtrs
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`	$2.11M	USD	2 Qtrs
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$2.04M	USD	1 Quarter
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$-1.97M	USD	2 Qtrs
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$-874.69K	USD	1 Quarter
Net realized gains (losses) on investment in Funds	`RealizedInvestmentGainsLosses`	$10.80M	USD	2 Qtrs
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`	$-7.42M	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 open contracts	`UnrealizedGainLossOnCommodityContracts`	$-2.23M	USD	1 Quarter
Change in net unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-140.62K	USD	1 Quarter
Change in net unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-1.50M	USD	2 Qtrs
Change in net unrealized gains (losses) on investments in Funds	`UnrealizedGainLossOnInvestments`	$-18.36M	USD	2 Qtrs
Change in net unrealized gains (losses) on investments in Funds	`UnrealizedGainLossOnInvestments`	$-24.75M	USD	2 Qtrs
Change in net unrealized gains (losses) on investments in Funds	`UnrealizedGainLossOnInvestments`	$-16.69M	USD	1 Quarter
Change in net unrealized gains (losses) on investments in Funds	`UnrealizedGainLossOnInvestments`	$-4.33M	USD	1 Quarter
Total trading results	`TradingActivityGainsAndLossesNet`	$-30.85M	USD	1 Quarter
Total trading results	`TradingActivityGainsAndLossesNet`	$-13.65M	USD	2 Qtrs
Total trading results	`TradingActivityGainsAndLossesNet`	$-11.03M	USD	2 Qtrs
Total trading results	`TradingActivityGainsAndLossesNet`	$-9.84M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-46.01M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-21.88M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-44.77M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-36.06M	USD	2 Qtrs
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$40.66M	USD	2 Qtrs
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$18.25M	USD	2 Qtrs
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$20.72M	USD	1 Quarter
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$4.78M	USD	1 Quarter
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$35.11M	USD	1 Quarter
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$26.89M	USD	1 Quarter
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$69.47M	USD	2 Qtrs
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$61.27M	USD	2 Qtrs
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-79.08M	USD	2 Qtrs
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-60.41M	USD	1 Quarter
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-43.99M	USD	1 Quarter
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-73.58M	USD	2 Qtrs
Partners' Capital, beginning of period	`PartnersCapital`	$631.47M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$666.56M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$587.48M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$763.17M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$749.99M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$689.59M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$631.47M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$666.56M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$587.48M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$763.17M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$749.99M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$689.59M	USD	Point-in-time
Net asset value per unit (582,368.3265 and 629,583.3789 units outstanding on June 30, 2012 and 2011, respectively)	`NetAssetValuePerUnit`	$1.01K	USD	Point-in-time
Net asset value per unit (582,368.3265 and 629,583.3789 units outstanding on June 30, 2012 and 2011, respectively)	`NetAssetValuePerUnit`	$1.07K	USD	Point-in-time
Net asset value per unit (582,368.3265 and 629,583.3789 units outstanding on June 30, 2012 and 2011, respectively)	`NetAssetValuePerUnit`	$1.17K	USD	Point-in-time
Net asset value per unit (582,368.3265 and 629,583.3789 units outstanding on June 30, 2012 and 2011, respectively)	`NetAssetValuePerUnit`	$1.05K	USD	Point-in-time
Net asset value per unit (582,368.3265 and 629,583.3789 units outstanding on June 30, 2012 and 2011, respectively)	`NetAssetValuePerUnit`	$1.17K	USD	Point-in-time
Net asset value per unit (582,368.3265 and 629,583.3789 units outstanding on June 30, 2012 and 2011, respectively)	`NetAssetValuePerUnit`	$1.10K	USD	Point-in-time
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-60.02	USD	2 Qtrs
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-36.93	USD	1 Quarter
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-69.97	USD	2 Qtrs
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-71.76	USD	1 Quarter
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	652,138.83	shares	2 Qtrs
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	611,459.50	shares	2 Qtrs
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	598,362.92	shares	1 Quarter
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	646,285.63	shares	1 Quarter

Stockholders Equity 2 line items

Line Item	Tag	Value	Unit	Period
Partner's capital, units outstanding	`PartnersCapitalAccountUnits`	582,368.33	shares	Point-in-time
Partner's capital, units outstanding	`PartnersCapitalAccountUnits`	629,583.38	shares	Point-in-time

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