10-Q Filing

CERES TACTICAL SYSTEMATIC L.P. CIK: 1209709 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001193125-15-288152`
Period End Date	20150630
Filing Date	20150812
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	tdff-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 92 Stockholders Equity 2

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
General Partner, Redeemable Units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	2,477.69	shares	Point-in-time
General Partner, Redeemable Units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	2,835.66	shares	Point-in-time
Investment in Funds, at fair value	`InvestmentOwnedAtFairValue`	$217.00M	USD	Point-in-time
Limited Partners capital, Redeemable Units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	228,084.84	shares	Point-in-time
Investment in Funds, at fair value	`InvestmentOwnedAtFairValue`	$251.09M	USD	Point-in-time
Limited Partners capital, Redeemable Units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	247,740.98	shares	Point-in-time
Redemptions receivable from Funds	`RedemptionsReceivableFromFunds`	$8.90M	USD	Point-in-time
Cash	`Cash`	$308.43K	USD	Point-in-time
Cash	`Cash`	$400.81K	USD	Point-in-time
Total assets	`Assets`	$260.30M	USD	Point-in-time
Total assets	`Assets`	$217.40M	USD	Point-in-time
Ongoing selling agent fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$362.34K	USD	Point-in-time
Ongoing selling agent fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$433.83K	USD	Point-in-time
Management fees	`ManagementFeePayable`	$221.93K	USD	Point-in-time
Management fees	`ManagementFeePayable`	$271.28K	USD	Point-in-time
Incentive fees	`IncentiveFeePayable`	$1.47M	USD	Point-in-time
General Partner fees	`GeneralPartnerFeesPayable`	$216.34K	USD	Point-in-time
General Partner fees	`GeneralPartnerFeesPayable`	$180.60K	USD	Point-in-time
Other	`OtherLiabilities`	$259.57K	USD	Point-in-time
Other	`OtherLiabilities`	$326.06K	USD	Point-in-time
Redemptions payable to Limited Partners	`RedemptionsPayableToLimitedPartner`	$4.55M	USD	Point-in-time
Redemptions payable to Limited Partners	`RedemptionsPayableToLimitedPartner`	$3.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.20M	USD	Point-in-time
General Partner, 2,477.6854 and 2,835.6594 Redeemable Units outstanding at June 30, 2015 and December 31, 2014, respectively	`GeneralPartnersCapitalAccount`	$2.86M	USD	Point-in-time
General Partner, 2,477.6854 and 2,835.6594 Redeemable Units outstanding at June 30, 2015 and December 31, 2014, respectively	`GeneralPartnersCapitalAccount`	$2.29M	USD	Point-in-time
Limited Partners, 228,084.8428 and 247,740.9758 Redeemable Units outstanding at June 30, 2015 and December 31, 2014, respectively	`LimitedPartnersCapitalAccount`	$210.97M	USD	Point-in-time
Limited Partners, 228,084.8428 and 247,740.9758 Redeemable Units outstanding at June 30, 2015 and December 31, 2014, respectively	`LimitedPartnersCapitalAccount`	$250.24M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$213.27M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$365.38M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$274.78M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$252.83M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$308.69M	USD	Point-in-time
Total partners' capital	`PartnersCapital`	$253.10M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$217.40M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$260.30M	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$924.98	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$830.90	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.06K	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$850.69	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$900.28	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerUnit`	$1.01K	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Interest income allocated from Funds	`InvestmentIncomeInterest`	$7.79K	USD	1 Quarter
Interest income allocated from Funds	`InvestmentIncomeInterest`	$2.70K	USD	1 Quarter
Interest income allocated from Funds	`InvestmentIncomeInterest`	$6.18K	USD	2 Qtrs
Interest income allocated from Funds	`InvestmentIncomeInterest`	$25.41K	USD	2 Qtrs
Total investment income	`InterestAndDividendIncomeOperating`	$7.79K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$6.18K	USD	2 Qtrs
Total investment income	`InterestAndDividendIncomeOperating`	$25.41K	USD	2 Qtrs
Total investment income	`InterestAndDividendIncomeOperating`	$2.70K	USD	1 Quarter
Ongoing selling agent fees	`SellingExpense`	$2.25M	USD	1 Quarter
Ongoing selling agent fees	`SellingExpense`	$1.16M	USD	1 Quarter
Ongoing selling agent fees	`SellingExpense`	$2.47M	USD	2 Qtrs
Ongoing selling agent fees	`SellingExpense`	$6.94M	USD	2 Qtrs
Expenses allocated from Funds	`AllocatedExpense`	$2.51M	USD	2 Qtrs
Expenses allocated from Funds	`AllocatedExpense`	$1.11M	USD	1 Quarter
Expenses allocated from Funds	`AllocatedExpense`	$780.30K	USD	1 Quarter
Expenses allocated from Funds	`AllocatedExpense`	$1.74M	USD	2 Qtrs
General Partner fees	`GeneralPartnerFees`	$1.23M	USD	2 Qtrs
General Partner fees	`GeneralPartnerFees`	$576.66K	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$2.64M	USD	2 Qtrs
Management fees	`ManagementFeeExpense`	$1.49M	USD	2 Qtrs
Management fees	`ManagementFeeExpense`	$1.24M	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$692.66K	USD	1 Quarter
Incentive fees	`IncentiveFeeExpense`	$264.95K	USD	1 Quarter
Incentive fees	`IncentiveFeeExpense`	$266.36K	USD	2 Qtrs
Incentive fees	`IncentiveFeeExpense`	$1.69M	USD	2 Qtrs
Other	`OtherExpenses`	$144.33K	USD	1 Quarter
Other	`OtherExpenses`	$330.47K	USD	2 Qtrs
Other	`OtherExpenses`	$139.02K	USD	1 Quarter
Other	`OtherExpenses`	$286.66K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$9.73M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$4.68M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$11.89M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$3.68M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeNet`	$-11.86M	USD	2 Qtrs
Net investment income (loss)	`InvestmentIncomeNet`	$-3.68M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeNet`	$-9.72M	USD	2 Qtrs
Net investment income (loss)	`InvestmentIncomeNet`	$-4.67M	USD	1 Quarter
Net realized gains (losses) on investments allocated from Funds	`RealizedInvestmentGainsLosses`	$-2.96M	USD	2 Qtrs
Net realized gains (losses) on investments allocated from Funds	`RealizedInvestmentGainsLosses`	$11.06M	USD	1 Quarter
Net realized gains (losses) on investments allocated from Funds	`RealizedInvestmentGainsLosses`	$4.28M	USD	2 Qtrs
Net realized gains (losses) on investments allocated from Funds	`RealizedInvestmentGainsLosses`	$-19.20M	USD	1 Quarter
Net change in unrealized gains (losses) on investments allocated from Funds	`UnrealizedGainLossOnInvestments`	$-9.25M	USD	1 Quarter
Net change in unrealized gains (losses) on investments allocated from Funds	`UnrealizedGainLossOnInvestments`	$587.45K	USD	1 Quarter
Net change in unrealized gains (losses) on investments allocated from Funds	`UnrealizedGainLossOnInvestments`	$-14.03M	USD	2 Qtrs
Net change in unrealized gains (losses) on investments allocated from Funds	`UnrealizedGainLossOnInvestments`	$-5.79M	USD	2 Qtrs
Total trading results allocated from funds	`TradingGainsLosses`	$11.65M	USD	1 Quarter
Total trading results allocated from funds	`TradingGainsLosses`	$-28.44M	USD	1 Quarter
Total trading results allocated from funds	`TradingGainsLosses`	$-8.75M	USD	2 Qtrs
Total trading results allocated from funds	`TradingGainsLosses`	$-9.76M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-19.48M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-32.12M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-20.61M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$6.80M	USD	1 Quarter
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$1.21M	USD	2 Qtrs
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$1.13M	USD	1 Quarter
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$2.29M	USD	2 Qtrs
Subscriptions - Limited Partners	`PartnersCapitalAccountContributions`	$310.00K	USD	1 Quarter
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$72.28M	USD	2 Qtrs
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$41.19M	USD	1 Quarter
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$21.19M	USD	2 Qtrs
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$8.57M	USD	1 Quarter
Redemptions - General Partner	`RedemptionsGeneralPartner`	$378.91K	USD	2 Qtrs
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-34.08M	USD	1 Quarter
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-39.84M	USD	2 Qtrs
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-39.56M	USD	1 Quarter
Net increase (decrease) in Partners' Capital	`PartnersCapitalAccountPeriodIncreaseDecrease`	$-90.59M	USD	2 Qtrs
Partners' Capital, beginning of period	`PartnersCapital`	$213.27M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$365.38M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$274.78M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$252.83M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$308.69M	USD	Point-in-time
Partners' Capital, beginning of period	`PartnersCapital`	$253.10M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$213.27M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$365.38M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$274.78M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$252.83M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$308.69M	USD	Point-in-time
Partners' Capital, end of period	`PartnersCapital`	$253.10M	USD	Point-in-time
Net asset value per Unit (230,562.5282 and 323,013.1482 units outstanding in June 30, 2015 and 2014, respectively)	`NetAssetValuePerUnit`	$924.98	USD	Point-in-time
Net asset value per Unit (230,562.5282 and 323,013.1482 units outstanding in June 30, 2015 and 2014, respectively)	`NetAssetValuePerUnit`	$830.90	USD	Point-in-time
Net asset value per Unit (230,562.5282 and 323,013.1482 units outstanding in June 30, 2015 and 2014, respectively)	`NetAssetValuePerUnit`	$1.06K	USD	Point-in-time
Net asset value per Unit (230,562.5282 and 323,013.1482 units outstanding in June 30, 2015 and 2014, respectively)	`NetAssetValuePerUnit`	$850.69	USD	Point-in-time
Net asset value per Unit (230,562.5282 and 323,013.1482 units outstanding in June 30, 2015 and 2014, respectively)	`NetAssetValuePerUnit`	$900.28	USD	Point-in-time
Net asset value per Unit (230,562.5282 and 323,013.1482 units outstanding in June 30, 2015 and 2014, respectively)	`NetAssetValuePerUnit`	$1.01K	USD	Point-in-time
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-85.11	USD	2 Qtrs
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-49.59	USD	2 Qtrs
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$19.79	USD	1 Quarter
Net income (loss) per unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-135.94	USD	1 Quarter
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	241,555.78	shares	2 Qtrs
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	376,185.84	shares	2 Qtrs
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	355,058.74	shares	1 Quarter
Weighted average units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	236,340.09	shares	1 Quarter

Stockholders Equity 2 line items

Line Item	Tag	Value	Unit	Period
Net asset value, units outstanding	`PartnersCapitalAccountUnits`	230,562.53	shares	Point-in-time
Net asset value, units outstanding	`PartnersCapitalAccountUnits`	323,013.15	shares	Point-in-time

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