10-K Filing

CERES TACTICAL SYSTEMATIC L.P. CIK: 1209709 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001193125-22-083512`
Period End Date	20211231
Filing Date	20220324
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	d274808d10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 36 Income Statement 86 Stockholders Equity 27

Balance Sheet 36 line items

Line Item	Tag	Value	Unit	Period
Redemptions receivable from the Funds	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$16.69M	USD	Point-in-time
Redemptions receivable from the Funds	`ReceivablesFromBrokersDealersAndClearingOrganizations`	-	USD	Point-in-time
Unrestricted cash	`CashSegregatedUnderCommodityExchangeActRegulation`	$52.98M	USD	Point-in-time
Unrestricted cash	`CashSegregatedUnderCommodityExchangeActRegulation`	$44.74M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$13.79M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$11.51M	USD	Point-in-time
Net unrealized appreciation on open contracts	`DerivativeAssets`	$913.09K	USD	Point-in-time
Net unrealized appreciation on open contracts	`DerivativeAssets`	$2.63M	USD	Point-in-time
Total equity in trading account	`EquitySecuritiesFvNiCurrentAndNoncurrent`	$65.41M	USD	Point-in-time
Total equity in trading account	`EquitySecuritiesFvNiCurrentAndNoncurrent`	$61.16M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$3.96K	USD	Point-in-time
Interest receivable	`InterestReceivable`	$1.85K	USD	Point-in-time
Total assets	`Assets`	$77.85M	USD	Point-in-time
Total assets	`Assets`	$65.41M	USD	Point-in-time
Ongoing selling agent fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$62.63K	USD	Point-in-time
Ongoing selling agent fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$40.28K	USD	Point-in-time
Management fees	`ManagementFeesPayable`	$58.92K	USD	Point-in-time
Management fees	`ManagementFeesPayable`	$36.98K	USD	Point-in-time
Incentive fees	`IncentiveFeePayable`	$99.42K	USD	Point-in-time
Incentive fees	`IncentiveFeePayable`	-	USD	Point-in-time
General Partner fees	`GeneralPartnerFeesPayable`	$56.55K	USD	Point-in-time
General Partner fees	`GeneralPartnerFeesPayable`	$47.55K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$238.65K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$165.26K	USD	Point-in-time
Redemptions payable to General Partner	`RedemptionsPayableToGeneralPartner`	$100.00K	USD	Point-in-time
Redemptions payable to General Partner	`RedemptionsPayableToGeneralPartner`	$300.00K	USD	Point-in-time
Redemptions payable to Limited Partners	`RedemptionsPayableToLimitedPartner`	$776.74K	USD	Point-in-time
Redemptions payable to Limited Partners	`RedemptionsPayableToLimitedPartner`	$3.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.17M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$64.24M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$106.21M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$134.02M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$73.69M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$65.41M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$77.85M	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$192.09K	USD	Annual
Interest income	`InterestIncomeOperating`	$21.74K	USD	Annual
Interest income	`InterestIncomeOperating`	$849.50K	USD	Annual
Interest income allocated from the Funds	`InvestmentIncomeInterest`	$1.46M	USD	Annual
Interest income allocated from the Funds	`InvestmentIncomeInterest`	-	USD	Annual
Interest income allocated from the Funds	`InvestmentIncomeInterest`	$132.46K	USD	Annual
Total investment income	`InterestAndDividendIncomeOperating`	$324.55K	USD	Annual
Total investment income	`InterestAndDividendIncomeOperating`	$13.13K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$7.24K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$21.74K	USD	Annual
Total investment income	`InterestAndDividendIncomeOperating`	$6.33K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$21.76K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$6.28K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$2.31M	USD	Annual
Total investment income	`InterestAndDividendIncomeOperating`	$17.37K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$1.88K	USD	1 Quarter
Total investment income	`InterestAndDividendIncomeOperating`	$272.29K	USD	1 Quarter
Expenses allocated from the Funds	`AllocatedExpense`	-	USD	Annual
Expenses allocated from the Funds	`AllocatedExpense`	$357.07K	USD	Annual
Expenses allocated from the Funds	`AllocatedExpense`	$816.99K	USD	Annual
Clearing fees related to direct investments (Note 3c)	`ClearanceFees`	$225.77K	USD	Annual
Clearing fees related to direct investments (Note 3c)	`ClearanceFees`	$140.76K	USD	Annual
Clearing fees related to direct investments (Note 3c)	`ClearanceFees`	$349.81K	USD	Annual
Ongoing selling agent fees (Notes 3d and 3e)	`SalesCommissionsAndFees`	$529.91K	USD	Annual
Ongoing selling agent fees (Notes 3d and 3e)	`SalesCommissionsAndFees`	$2.35M	USD	Annual
Ongoing selling agent fees (Notes 3d and 3e)	`SalesCommissionsAndFees`	$1.31M	USD	Annual
General Partner fees (Note 3a)	`GeneralPartnerFees`	$835.90K	USD	Annual
General Partner fees (Note 3a)	`GeneralPartnerFees`	$624.83K	USD	Annual
General Partner fees (Note 3a)	`GeneralPartnerFees`	$1.24M	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$1.28M	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$799.14K	USD	Annual
Management fees (Note 3b)	`ManagementFeeExpense`	$569.58K	USD	Annual
Incentive fees (Note 3b)	`IncentiveFeeExpense`	$99.42K	USD	Annual
Incentive fees (Note 3b)	`IncentiveFeeExpense`	$2.15M	USD	Annual
Incentive fees (Note 3b)	`IncentiveFeeExpense`	$451.17K	USD	Annual
Professional fees	`ProfessionalFees`	$487.42K	USD	Annual
Professional fees	`ProfessionalFees`	$415.29K	USD	Annual
Professional fees	`ProfessionalFees`	$308.59K	USD	Annual
Total expenses	`OperatingExpenses`	$4.04M	USD	Annual
Total expenses	`OperatingExpenses`	$1.09M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.32M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$801.09K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$4.53M	USD	Annual
Total expenses	`OperatingExpenses`	$1.46M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.32M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$525.41K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$6.77M	USD	Annual
Total expenses	`OperatingExpenses`	$832.56K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.22M	USD	1 Quarter
Net investment loss	`InvestmentIncomeNet`	$-4.51M	USD	Annual
Net investment loss	`InvestmentIncomeNet`	$-4.46M	USD	Annual
Net investment loss	`InvestmentIncomeNet`	$-3.72M	USD	Annual
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$-1.75M	USD	Annual
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$13.34M	USD	Annual
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$2.35M	USD	Annual
Net realized gains (losses) on closed contracts allocated from the Funds	`RealizedInvestmentGainsLosses`	$-1.71M	USD	Annual
Net realized gains (losses) on closed contracts allocated from the Funds	`RealizedInvestmentGainsLosses`	$1.85M	USD	Annual
Net realized gains (losses) on closed contracts allocated from the Funds	`RealizedInvestmentGainsLosses`	-	USD	Annual
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-1.76M	USD	Annual
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-1.71M	USD	Annual
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$2.21M	USD	Annual
Net change in unrealized gains (losses) on open contracts allocated from the Funds	`UnrealizedGainLossOnInvestments`	-	USD	Annual
Net change in unrealized gains (losses) on open contracts allocated from the Funds	`UnrealizedGainLossOnInvestments`	$39.11K	USD	Annual
Net change in unrealized gains (losses) on open contracts allocated from the Funds	`UnrealizedGainLossOnInvestments`	$299.01K	USD	Annual
Total trading results	`TradingGainsLosses`	$-2.91M	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$3.14M	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$11.63M	USD	Annual
Total trading results	`TradingGainsLosses`	$6.32M	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$4.43M	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$-3.47M	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$2.74M	USD	Annual
Total trading results	`TradingGainsLosses`	$1.12M	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$-2.26M	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$-1.21M	USD	Annual
Total trading results	`TradingGainsLosses`	$4.05M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-4.54M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.95M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.86M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.82M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.22M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-4.93M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$338.05K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.72M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.78M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$7.12M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.23M	USD	1 Quarter

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Partners' Capital, Balance	`PartnersCapital`	$64.24M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$106.21M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$134.02M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$73.69M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-4.54M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.95M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.86M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.82M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.22M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-4.93M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$338.05K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.72M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.78M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$7.12M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.23M	USD	1 Quarter
Partners' Capital, Balance	`PartnersCapital`	$64.24M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$106.21M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$134.02M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$73.69M	USD	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	172,627.81	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	139,245.90	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	79,880.16	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	100,533.88	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	172,627.81	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	139,245.90	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	79,880.16	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	100,533.88	shares	Point-in-time

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