10-K Filing

CERES TACTICAL SYSTEMATIC L.P. CIK: 1209709 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001193125-15-111799`
Period End Date	20141231
Filing Date	20150330
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	tdff-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 51 Stockholders Equity 33

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
General Partner capital, units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	5,023.96	shares	Point-in-time
General Partner capital, units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	2,835.66	shares	Point-in-time
Limited Partners capital, Redeemable Units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	247,740.98	shares	Point-in-time
Investment in Funds, at fair value (Note 5)	`InvestmentOwnedAtFairValue`	$381.49M	USD	Point-in-time
Limited Partners capital, Redeemable Units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	400,826.04	shares	Point-in-time
Investment in Funds, at fair value (Note 5)	`InvestmentOwnedAtFairValue`	$251.09M	USD	Point-in-time
Redemptions receivable from Funds	`RedemptionsReceivableFromFunds`	$8.90M	USD	Point-in-time
Cash (Note 3c)	`Cash`	$445.02K	USD	Point-in-time
Cash (Note 3c)	`Cash`	$308.43K	USD	Point-in-time
Total assets	`Assets`	$260.30M	USD	Point-in-time
Total assets	`Assets`	$381.94M	USD	Point-in-time
Ongoing selling agent fees (Note 3c)	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$433.83K	USD	Point-in-time
Ongoing selling agent fees (Note 3c)	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$1.75M	USD	Point-in-time
Management fees (Note 3b)	`ManagementFeePayable`	$410.80K	USD	Point-in-time
Management fees (Note 3b)	`ManagementFeePayable`	$271.28K	USD	Point-in-time
Incentive fees	`IncentiveFeePayable`	$1.47M	USD	Point-in-time
Incentive fees	`IncentiveFeePayable`	$25.10K	USD	Point-in-time
Administrative fees (Note 3a)	`AccruedAdministrativeFees`	$216.34K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$119.05K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$153.15K	USD	Point-in-time
Other	`OtherLiabilities`	$140.52K	USD	Point-in-time
Other	`OtherLiabilities`	$83.14K	USD	Point-in-time
Redemptions payable (Note 6)	`PayablesToCustomers`	$14.14M	USD	Point-in-time
Redemptions payable (Note 6)	`PayablesToCustomers`	$4.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$16.56M	USD	Point-in-time
General Partner, 2,835.6594 and 5,023.9634 unit equivalents outstanding at December 31, 2014 and 2013, respectively	`GeneralPartnersCapitalAccount`	$4.52M	USD	Point-in-time
General Partner, 2,835.6594 and 5,023.9634 unit equivalents outstanding at December 31, 2014 and 2013, respectively	`GeneralPartnersCapitalAccount`	$2.86M	USD	Point-in-time
Limited Partners, 247,740.9758 and 400,826.0368 Redeemable Units outstanding at December 31, 2014 and 2013, respectively	`LimitedPartnersCapitalAccount`	$360.85M	USD	Point-in-time
Limited Partners, 247,740.9758 and 400,826.0368 Redeemable Units outstanding at December 31, 2014 and 2013, respectively	`LimitedPartnersCapitalAccount`	$250.24M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$253.10M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$666.56M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$488.18M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$365.38M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$260.30M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$381.94M	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	1,010.09	USD/PartnershipUnit	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	927.41	USD/PartnershipUnit	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	900.28	USD/PartnershipUnit	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	1,068.80	USD/PartnershipUnit	Point-in-time

Income Statement 51 line items

Line Item	Tag	Value	Unit	Period
Interest income (Note 3c)	`InterestIncomeOperating`	$10.00K	USD	Annual
Interest income from investment in Funds (Note 3c)	`InvestmentIncomeInterest`	$276.87K	USD	Annual
Interest income from investment in Funds (Note 3c)	`InvestmentIncomeInterest`	$36.30K	USD	Annual
Interest income from investment in Funds (Note 3c)	`InvestmentIncomeInterest`	$112.02K	USD	Annual
Total investment Income	`InterestAndDividendIncomeOperating`	$286.87K	USD	Annual
Total investment Income	`InterestAndDividendIncomeOperating`	$36.30K	USD	Annual
Total investment Income	`InterestAndDividendIncomeOperating`	$112.02K	USD	Annual
Ongoing selling agent fees (Note 3c)	`SellingExpense`	$10.18M	USD	Annual
Ongoing selling agent fees (Note 3c)	`SellingExpense`	$33.00M	USD	Annual
Ongoing selling agent fees (Note 3c)	`SellingExpense`	$24.45M	USD	Annual
Clearing fees (Note 3c)	`FloorBrokerageExchangeAndClearanceFees`	$2.05M	USD	Annual
Clearing fees (Note 3c)	`FloorBrokerageExchangeAndClearanceFees`	$2.63M	USD	Annual
Clearing fees (Note 3c)	`FloorBrokerageExchangeAndClearanceFees`	$2.78M	USD	Annual
Administrative fees	`AdministrativeFeesExpense`	$639.01K	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$4.72M	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$10.92M	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$7.60M	USD	Annual
Incentive fees (Note 3b)	`IncentiveFeeExpense`	$2.17M	USD	Annual
Incentive fees (Note 3b)	`IncentiveFeeExpense`	$3.70M	USD	Annual
Professional fees	`ProfessionalFees`	$778.06K	USD	Annual
Professional fees	`ProfessionalFees`	$1.02M	USD	Annual
Professional fees	`ProfessionalFees`	$703.21K	USD	Annual
Other	`OtherExpenses`	$162.68K	USD	Annual
Other	`OtherExpenses`	$266.00K	USD	Annual
Other	`OtherExpenses`	$263.51K	USD	Annual
Total expenses	`OperatingExpenses`	$46.93M	USD	Annual
Total expenses	`OperatingExpenses`	$23.15M	USD	Annual
Total expenses	`OperatingExpenses`	$37.93M	USD	Annual
Net investment income (loss)	`InvestmentIncomeNet`	$-23.11M	USD	Annual
Net investment income (loss)	`InvestmentIncomeNet`	$-46.65M	USD	Annual
Net investment income (loss)	`InvestmentIncomeNet`	$-37.82M	USD	Annual
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$-5.35M	USD	Annual
Net realized gains (losses) on investment in Funds	`RealizedInvestmentGainsLosses`	$17.03M	USD	Annual
Net realized gains (losses) on investment in Funds	`RealizedInvestmentGainsLosses`	$-9.82M	USD	Annual
Net realized gains (losses) on investment in Funds	`RealizedInvestmentGainsLosses`	$42.27M	USD	Annual
Change in net unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-1.19M	USD	Annual
Change in net unrealized gains (losses) on investment in Funds	`UnrealizedGainLossOnInvestments`	$-18.08M	USD	Annual
Change in net unrealized gains (losses) on investment in Funds	`UnrealizedGainLossOnInvestments`	$8.48M	USD	Annual
Change in net unrealized gains (losses) on investment in Funds	`UnrealizedGainLossOnInvestments`	$2.59M	USD	Annual
Total trading results	`TradingGainsLosses`	$44.86M	USD	Annual
Total trading results	`TradingGainsLosses`	$25.51M	USD	Annual
Total trading results	`TradingGainsLosses`	$-34.45M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-12.31M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-81.09M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$21.75M	USD	Annual
Net income (loss) per unit (Note 7)*	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$109.81	USD	Annual
Net income (loss) per unit (Note 7)*	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-27.13	USD	Annual
Net income (loss) per unit (Note 7)*	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-141.39	USD	Annual
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	329,443.18	shares	Annual
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	587,365.88	shares	Annual
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	478,297.78	shares	Annual

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Number of Redeemable Units, Subscriptions	`PartnersCapitalAccountUnitsContributed`	10,974.31	shares	Annual
Number of Redeemable Units, Subscriptions	`PartnersCapitalAccountUnitsContributed`	2,795.84	shares	Annual
Number of Redeemable Units, Subscriptions	`PartnersCapitalAccountUnitsContributed`	29,524.65	shares	Annual
Number of Redeemable Units, Redemptions	`PartnersCapitalAccountUnitsRedeemed`	125,271.87	shares	Annual
Number of Redeemable Units, Redemptions	`PartnersCapitalAccountUnitsRedeemed`	130,543.63	shares	Annual
Number of Redeemable Units, Redemptions	`PartnersCapitalAccountUnitsRedeemed`	155,880.91	shares	Annual
Number of Redemptions of General Partner unit equivalents	`PartnersCapitalAccountUnitsRedeemedGeneral`	2,188.30	shares	Annual
Number of Redemptions of General Partner unit equivalents	`PartnersCapitalAccountUnitsRedeemedGeneral`	1,516.57	shares	Annual
Number of Redemptions of General Partner unit equivalents	`PartnersCapitalAccountUnitsRedeemedGeneral`	973.00	shares	Annual
Partners' Capital, Balance	`PartnersCapital`	$253.10M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$666.56M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$488.18M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$365.38M	USD	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$-12.31M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-81.09M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$21.75M	USD	Annual
Subscriptions of Redeemable Units	`PartnersCapitalAccountContributions`	$30.25M	USD	Annual
Subscriptions of Redeemable Units	`PartnersCapitalAccountContributions`	$10.14M	USD	Annual
Subscriptions of Redeemable Units	`PartnersCapitalAccountContributions`	$2.46M	USD	Annual
Redemptions of Redeemable Units	`PartnersCapitalAccountRedemptions`	$134.56M	USD	Annual
Redemptions of Redeemable Units	`PartnersCapitalAccountRedemptions`	$126.04M	USD	Annual
Redemptions of Redeemable Units	`PartnersCapitalAccountRedemptions`	$119.73M	USD	Annual
Redemptions of General Partner unit equivalent	`GeneralPartnersCapitalAccountRedemptions`	$1.50M	USD	Annual
Redemptions of General Partner unit equivalent	`GeneralPartnersCapitalAccountRedemptions`	$902.02K	USD	Annual
Redemptions of General Partner unit equivalent	`GeneralPartnersCapitalAccountRedemptions`	$1.91M	USD	Annual
Partners' Capital, Balance	`PartnersCapital`	$253.10M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$666.56M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$488.18M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$365.38M	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	1,010.09	USD/PartnershipUnit	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	927.41	USD/PartnershipUnit	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	900.28	USD/PartnershipUnit	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	1,068.80	USD/PartnershipUnit	Point-in-time

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