10-K Filing

CERES TACTICAL SYSTEMATIC L.P. CIK: 1209709 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0001193125-18-099063`
Period End Date	20171231
Filing Date	20180328
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	tdff-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 55 Stockholders Equity 32

Balance Sheet 49 line items

Line Item	Tag	Value	Unit	Period
General Partner Capital, Redeemable units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	1,371.65	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`	109,879.15	shares	Point-in-time
Limited Partners Capital, Redeemable units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	152,586.75	shares	Point-in-time
Investment in the Fund, at fair value (Note 6)	`InvestmentOwnedAtFairValue`	$19.89M	USD	Point-in-time
Investment in the Fund, at fair value (Note 6)	`InvestmentOwnedAtFairValue`	$126.24M	USD	Point-in-time
Redemptions receivable from the Funds	`RedemptionsReceivableFromFunds`	$59.71M	USD	Point-in-time
Unrestricted cash (Note 3c)	`CashSegregatedUnderCommodityExchangeActRegulation`	$12.65M	USD	Point-in-time
Unrestricted cash (Note 3c)	`CashSegregatedUnderCommodityExchangeActRegulation`	$9.69M	USD	Point-in-time
Restricted cash (Note 3c)	`RestrictedCashAndCashEquivalents`	$4.21M	USD	Point-in-time
Restricted cash (Note 3c)	`RestrictedCashAndCashEquivalents`	$4.86M	USD	Point-in-time
Net unrealized appreciation on open contracts	`DerivativeAssets`	$434.37K	USD	Point-in-time
Net unrealized appreciation on open contracts	`DerivativeAssets`	$725.36K	USD	Point-in-time
Total equity in trading account	`TradingSecuritiesEquity`	$17.29M	USD	Point-in-time
Total equity in trading account	`TradingSecuritiesEquity`	$15.28M	USD	Point-in-time
Cash at bank (Note 1)	`Cash`	$218.00	USD	Point-in-time
Cash at bank (Note 1)	`Cash`	$436.00	USD	Point-in-time
Interest receivable (Note 3c)	`InterestReceivable`	$11.20K	USD	Point-in-time
Interest receivable (Note 3c)	`InterestReceivable`	$4.17K	USD	Point-in-time
Total assets	`Assets`	$94.89M	USD	Point-in-time
Total assets	`Assets`	$143.54M	USD	Point-in-time
Net unrealized depreciation on open forward contracts	`DerivativeLiabilities`	$64.39K	USD	Point-in-time
Ongoing selling agent fees (Note 3d)	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$158.14K	USD	Point-in-time
Ongoing selling agent fees (Note 3d)	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$239.12K	USD	Point-in-time
Management fees (Note 3b)	`ManagementFeesPayable`	$105.42K	USD	Point-in-time
Management fees (Note 3b)	`ManagementFeesPayable`	$163.27K	USD	Point-in-time
General Partner fees (Note 3a)	`GeneralPartnerFeesPayable`	$78.75K	USD	Point-in-time
General Partner fees (Note 3a)	`GeneralPartnerFeesPayable`	$119.18K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$213.32K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$224.19K	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`	$2.47M	USD	Point-in-time
Redemptions payable to Limited Partners (Note 7)	`RedemptionsPayableToLimitedPartner`	$5.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.87M	USD	Point-in-time
General Partner, 1,371.6544 and 1,690.0654 Redeemable Units outstanding at December 31, 2017 and 2016, respectively	`GeneralPartnersCapitalAccount`	$1.13M	USD	Point-in-time
General Partner, 1,371.6544 and 1,690.0654 Redeemable Units outstanding at December 31, 2017 and 2016, respectively	`GeneralPartnersCapitalAccount`	$1.50M	USD	Point-in-time
Limited Partners, 109,879.1528 and 152,586.7508 Redeemable Units outstanding at December 31, 2017 and 2016, respectively	`LimitedPartnersCapitalAccount`	$90.72M	USD	Point-in-time
Limited Partners, 109,879.1528 and 152,586.7508 Redeemable Units outstanding at December 31, 2017 and 2016, respectively	`LimitedPartnersCapitalAccount`	$135.17M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$91.85M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$136.66M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$253.10M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$206.87M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$143.54M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$94.89M	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerShare`	$1.01K	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerShare`	$981.45	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerShare`	$825.63	USD	Point-in-time
Net asset value per Redeemable Unit	`NetAssetValuePerShare`	$885.84	USD	Point-in-time

Income Statement 55 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$100.28K	USD	Annual
Interest income	`InterestIncomeOperating`	$13.46K	USD	Annual
Interest income allocated from the Funds	`InvestmentIncomeInterest`	$343.40K	USD	Annual
Interest income allocated from the Funds	`InvestmentIncomeInterest`	$622.40K	USD	Annual
Interest income allocated from the Funds	`InvestmentIncomeInterest`	$30.07K	USD	Annual
Total investment income	`InterestAndDividendIncomeOperating`	$356.86K	USD	Annual
Total investment income	`InterestAndDividendIncomeOperating`	$30.07K	USD	Annual
Total investment income	`InterestAndDividendIncomeOperating`	$722.68K	USD	Annual
Expenses allocated from the Funds	`AllocatedExpense`	$920.14K	USD	Annual
Expenses allocated from the Funds	`AllocatedExpense`	$4.02M	USD	Annual
Expenses allocated from the Funds	`AllocatedExpense`	$1.93M	USD	Annual
Clearing fees related to direct investments (Note 3c)	`ClearanceFees`	$78.47K	USD	Annual
Clearing fees related to direct investments (Note 3c)	`ClearanceFees`	$34.85K	USD	Annual
Ongoing selling agent fees (Note 3d)	`FloorBrokerageExchangeAndClearanceFees`	$3.61M	USD	Annual
Ongoing selling agent fees (Note 3d)	`FloorBrokerageExchangeAndClearanceFees`	$4.66M	USD	Annual
Ongoing selling agent fees (Note 3d)	`FloorBrokerageExchangeAndClearanceFees`	$2.28M	USD	Annual
General Partner fees (Note 3a)	`GeneralPartnerFees`	$1.14M	USD	Annual
General Partner fees (Note 3a)	`GeneralPartnerFees`	$2.32M	USD	Annual
General Partner fees (Note 3a)	`GeneralPartnerFees`	$1.80M	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$2.81M	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$1.58M	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$2.40M	USD	Annual
Incentive fees (Note 3b)	`IncentiveFeeExpense`	$188.69K	USD	Annual
Incentive fees (Note 3b)	`IncentiveFeeExpense`	$1.69M	USD	Annual
Professional fees	`ProfessionalFees`	$564.89K	USD	Annual
Professional fees	`ProfessionalFees`	$504.19K	USD	Annual
Professional fees	`ProfessionalFees`	$655.18K	USD	Annual
Total expenses	`OperatingExpenses`	$16.17M	USD	Annual
Total expenses	`OperatingExpenses`	$6.49M	USD	Annual
Total expenses	`OperatingExpenses`	$10.53M	USD	Annual
Net investment loss	`InvestmentIncomeNet`	$-5.77M	USD	Annual
Net investment loss	`InvestmentIncomeNet`	$-16.14M	USD	Annual
Net investment loss	`InvestmentIncomeNet`	$-10.18M	USD	Annual
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$-1.47M	USD	Annual
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$115.35K	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`	$-2.38M	USD	Annual
Net realized gains (losses) on closed contracts allocated from the Funds	`RealizedInvestmentGainsLosses`	$-5.76M	USD	Annual
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$371.30K	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`	$-591.19K	USD	Annual
Net change in unrealized gains (losses) on open contracts allocated from the Funds	`UnrealizedGainLossOnInvestments`	$-11.23M	USD	Annual
Total trading results	`TradingGainsLosses`	$-2.48M	USD	Annual
Total trading results	`TradingGainsLosses`	$9.70M	USD	Annual
Total trading results	`TradingGainsLosses`	$-7.49M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-17.67M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-6.44M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-8.25M	USD	Annual
Net income (loss) per Redeemable Unit (Note 8)	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-28.64	USD	Annual
Net income (loss) per Redeemable Unit (Note 8)	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-95.61	USD	Annual
Net income (loss) per Redeemable Unit (Note 8)	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted`	$-60.21	USD	Annual
Weighted average Redeemable Units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	133,367.46	shares	Annual
Weighted average Redeemable Units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	190,017.81	shares	Annual
Weighted average Redeemable Units outstanding	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	232,010.90	shares	Annual

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Partners' Capital, Balance	`PartnersCapital`	$91.85M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$136.66M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$253.10M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$206.87M	USD	Point-in-time
Subscriptions - Limited Partners	`PartnersCapitalAccountPrivatePlacementOfUnits`	$1.26M	USD	Annual
Subscriptions - Limited Partners	`PartnersCapitalAccountPrivatePlacementOfUnits`	$655.00K	USD	Annual
Subscriptions - Limited Partners	`PartnersCapitalAccountPrivatePlacementOfUnits`	$33.00K	USD	Annual
Redemptions - General Partner	`RedemptionsGeneralPartner`	$270.00K	USD	Annual
Redemptions - General Partner	`RedemptionsGeneralPartner`	$378.91K	USD	Annual
Redemptions - General Partner	`RedemptionsGeneralPartner`	$710.01K	USD	Annual
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$40.68M	USD	Annual
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$36.32M	USD	Annual
Redemptions - Limited Partners	`PartnersCapitalAccountRedemptions`	$52.48M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-17.67M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-6.44M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-8.25M	USD	Annual
Partners' Capital, Balance	`PartnersCapital`	$91.85M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$136.66M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$253.10M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$206.87M	USD	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	250,576.64	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	111,250.81	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	154,276.82	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	210,779.36	shares	Point-in-time
Net asset value per unit	`NetAssetValuePerShare`	$1.01K	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerShare`	$981.45	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerShare`	$825.63	USD	Point-in-time
Net asset value per unit	`NetAssetValuePerShare`	$885.84	USD	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	250,576.64	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	111,250.81	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	154,276.82	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	210,779.36	shares	Point-in-time

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