10-K Filing

CERES TACTICAL SYSTEMATIC L.P. CIK: 1209709 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001193125-17-099760`
Period End Date	20161231
Filing Date	20170328
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	tdff-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 51 Stockholders Equity 24

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
General Partner capital, Redeemable units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	2,477.69	shares	Point-in-time
General Partner capital, Redeemable units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	1,690.07	shares	Point-in-time
Limited Partners capital, Redeemable units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	208,301.68	shares	Point-in-time
Limited Partners capital, Redeemable units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	152,586.75	shares	Point-in-time
Investment in the Funds , at fair value (Note 6)	`InvestmentOwnedAtFairValue`	$126.24M	USD	Point-in-time
Investment in the Funds , at fair value (Note 6)	`InvestmentOwnedAtFairValue`	$210.55M	USD	Point-in-time
Cash at MS&Co. (Note 3c)	`CashReserveDepositRequiredAndMade`	$12.65M	USD	Point-in-time
Cash at MS&Co. (Note 3c)	`CashReserveDepositRequiredAndMade`	$425.26K	USD	Point-in-time
Cash margin (Note 3c)	`MarginDepositAssets`	$4.21M	USD	Point-in-time
Total equity in trading account	`TradingEquity`	$17.29M	USD	Point-in-time
Total equity in trading account	`TradingEquity`	$425.26K	USD	Point-in-time
Cash at bank (Note 1)	`Cash`	$218.00	USD	Point-in-time
Interest receivable (Note 3c)	`InterestReceivable`	$4.17K	USD	Point-in-time
Total assets	`Assets`	$210.97M	USD	Point-in-time
Total assets	`Assets`	$143.54M	USD	Point-in-time
Ongoing selling agent fees (Note 3d)	`ServicingFeesPayable`	$351.62K	USD	Point-in-time
Ongoing selling agent fees (Note 3d)	`ServicingFeesPayable`	$239.12K	USD	Point-in-time
Management fees (Note 3b)	`ManagementFeesPayable`	$163.27K	USD	Point-in-time
Management fees (Note 3b)	`ManagementFeesPayable`	$222.94K	USD	Point-in-time
General Partner fees (Note 3a)	`GeneralPartnerFeesPayable`	$119.18K	USD	Point-in-time
General Partner fees (Note 3a)	`GeneralPartnerFeesPayable`	$175.25K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$213.32K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$315.73K	USD	Point-in-time
Redemptions payable to General Partner (Note 7)	`RedemptionsPayableToGeneralPartner`	$250.01K	USD	Point-in-time
Redemptions payable to Limited Partners (Note 7)	`RedemptionsPayableToLimitedPartner`	$3.04M	USD	Point-in-time
Redemptions payable to Limited Partners (Note 7)	`RedemptionsPayableToLimitedPartner`	$5.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.10M	USD	Point-in-time
General Partner, 1,690.0654 and 2,477.6854 Redeemable Units outstanding at December 31, 2016 and 2015, respectively	`GeneralPartnersCapitalAccount`	$1.50M	USD	Point-in-time
General Partner, 1,690.0654 and 2,477.6854 Redeemable Units outstanding at December 31, 2016 and 2015, respectively	`GeneralPartnersCapitalAccount`	$2.43M	USD	Point-in-time
Limited Partners, 152,586.7508 and 208,301.6758 Redeemable Units outstanding at December 31, 2016 and 2015, respectively	`LimitedPartnersCapitalAccount`	$135.17M	USD	Point-in-time
Limited Partners, 152,586.7508 and 208,301.6758 Redeemable Units outstanding at December 31, 2016 and 2015, respectively	`LimitedPartnersCapitalAccount`	$204.44M	USD	Point-in-time
Total Capital	`PartnersCapital`	$365.38M	USD	Point-in-time
Total Capital	`PartnersCapital`	$136.66M	USD	Point-in-time
Total Capital	`PartnersCapital`	$206.87M	USD	Point-in-time
Total Capital	`PartnersCapital`	$253.10M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$210.97M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$143.54M	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerUnit`	$1.01K	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerUnit`	$981.45	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerUnit`	$885.84	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerUnit`	$900.28	USD	Point-in-time

Income Statement 51 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$13.46K	USD	Annual
Interest income allocated from the Funds	`InvestmentIncomeInterest`	$30.07K	USD	Annual
Interest income allocated from the Funds	`InvestmentIncomeInterest`	$36.30K	USD	Annual
Interest income allocated from the Funds	`InvestmentIncomeInterest`	$343.40K	USD	Annual
Total investment income	`InterestAndDividendIncomeOperating`	$36.30K	USD	Annual
Total investment income	`InterestAndDividendIncomeOperating`	$356.86K	USD	Annual
Total investment income	`InterestAndDividendIncomeOperating`	$30.07K	USD	Annual
Expenses allocated from the Funds	`OngoingPlacementAgentFees`	$4.02M	USD	Annual
Expenses allocated from the Funds	`OngoingPlacementAgentFees`	$8.06M	USD	Annual
Expenses allocated from the Funds	`OngoingPlacementAgentFees`	$1.93M	USD	Annual
Clearing fees related to direct investments (Note 3c)	`FloorBrokerageExchangeAndClearanceFees`	$34.85K	USD	Annual
Ongoing selling agent fees (Note 3d)	`SellingExpense`	$3.61M	USD	Annual
Ongoing selling agent fees (Note 3d)	`SellingExpense`	$10.18M	USD	Annual
Ongoing selling agent fees (Note 3d)	`SellingExpense`	$4.66M	USD	Annual
General Partner fees (Note 3a)	`GeneralPartnerFees`	$639.01K	USD	Annual
General Partner fees (Note 3a)	`GeneralPartnerFees`	$1.80M	USD	Annual
General Partner fees (Note 3a)	`GeneralPartnerFees`	$2.32M	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$3.67M	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$2.81M	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$2.40M	USD	Annual
Incentive fees (Note 3b)	`IncentiveFeeExpenseBenefit`	$1.69M	USD	Annual
Incentive fees (Note 3b)	`IncentiveFeeExpenseBenefit`	$188.69K	USD	Annual
Professional fees	`ProfessionalFees`	$655.18K	USD	Annual
Professional fees	`ProfessionalFees`	$564.89K	USD	Annual
Professional fees	`ProfessionalFees`	$603.84K	USD	Annual
Total expenses	`OperatingExpenses`	$23.15M	USD	Annual
Total expenses	`OperatingExpenses`	$10.53M	USD	Annual
Total expenses	`OperatingExpenses`	$16.17M	USD	Annual
Net investment loss	`NetInvestmentIncome`	$-10.18M	USD	Annual
Net investment loss	`NetInvestmentIncome`	$-23.11M	USD	Annual
Net investment loss	`NetInvestmentIncome`	$-16.14M	USD	Annual
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$-1.47M	USD	Annual
Net realized gains (losses) on closed contracts allocated from the Funds	`RealizedInvestmentGainsLosses`	$-5.76M	USD	Annual
Net realized gains (losses) on closed contracts allocated from the Funds	`RealizedInvestmentGainsLosses`	$20.92M	USD	Annual
Net realized gains (losses) on closed contracts allocated from the Funds	`RealizedInvestmentGainsLosses`	$42.27M	USD	Annual
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$369.82K	USD	Annual
Net change in unrealized gains (losses) on open contracts allocated from the Funds	`UnrealizedGainLossOnInvestments`	$-625.40K	USD	Annual
Net change in unrealized gains (losses) on open contracts allocated from the Funds	`UnrealizedGainLossOnInvestments`	$2.59M	USD	Annual
Net change in unrealized gains (losses) on open contracts allocated from the Funds	`UnrealizedGainLossOnInvestments`	$-11.23M	USD	Annual
Total trading results	`TradingGainsLosses`	$44.86M	USD	Annual
Total trading results	`TradingGainsLosses`	$-7.49M	USD	Annual
Total trading results	`TradingGainsLosses`	$9.70M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-6.44M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-17.67M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$21.75M	USD	Annual
Net income (loss) per Redeemable Unit (Note 8)	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-28.64	USD	Annual
Net income (loss) per Redeemable Unit (Note 8)	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$109.81	USD	Annual
Net income (loss) per Redeemable Unit (Note 8)	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-95.61	USD	Annual
Weighted average Redeemable Units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	329,443.18	shares	Annual
Weighted average Redeemable Units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	232,010.90	shares	Annual
Weighted average Redeemable Units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	190,017.81	shares	Annual

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Partners' Capital, Balance	`PartnersCapital`	$365.38M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$136.66M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$206.87M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$253.10M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-6.44M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-17.67M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$21.75M	USD	Annual
Subscriptions of Redeemable Units	`PartnersCapitalAccountContributions`	$2.46M	USD	Annual
Subscriptions of Redeemable Units	`PartnersCapitalAccountContributions`	$1.26M	USD	Annual
Subscriptions of Redeemable Units	`PartnersCapitalAccountContributions`	$655.00K	USD	Annual
Redemptions of Redeemable Units	`PartnersCapitalAccountRedemptions`	$40.68M	USD	Annual
Redemptions of Redeemable Units	`PartnersCapitalAccountRedemptions`	$134.56M	USD	Annual
Redemptions of Redeemable Units	`PartnersCapitalAccountRedemptions`	$52.48M	USD	Annual
Redemptions of General Partner Redeemable Units	`RedemptionsGeneralPartner`	$378.91K	USD	Annual
Redemptions of General Partner Redeemable Units	`RedemptionsGeneralPartner`	$1.91M	USD	Annual
Redemptions of General Partner Redeemable Units	`RedemptionsGeneralPartner`	$710.01K	USD	Annual
Partners' Capital, Balance	`PartnersCapital`	$365.38M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$136.66M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$206.87M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$253.10M	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerUnit`	$1.01K	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerUnit`	$981.45	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerUnit`	$885.84	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerUnit`	$900.28	USD	Point-in-time

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