10-Q Filing

CERES TACTICAL SYSTEMATIC L.P. CIK: 1209709 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001193125-22-147585`
Period End Date	20220331
Filing Date	20220511
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	d329923d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 26 Stockholders Equity 18

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Unrestricted cash	`CashSegregatedUnderCommodityExchangeActRegulation`	$52.98M	USD	Point-in-time
Unrestricted cash	`CashSegregatedUnderCommodityExchangeActRegulation`	$55.81M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$12.52M	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`	$2.99M	USD	Point-in-time
Total equity in trading account	`EquitySecuritiesFvNiCurrentAndNoncurrent`	$71.33M	USD	Point-in-time
Total equity in trading account	`EquitySecuritiesFvNiCurrentAndNoncurrent`	$65.41M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$1.85K	USD	Point-in-time
Interest receivable	`InterestReceivable`	$8.46K	USD	Point-in-time
Total assets	`Assets`	$65.41M	USD	Point-in-time
Total assets	`Assets`	$71.33M	USD	Point-in-time
Ongoing selling agent fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$43.97K	USD	Point-in-time
Ongoing selling agent fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$40.28K	USD	Point-in-time
Management fees	`ManagementFeesPayable`	$36.98K	USD	Point-in-time
Management fees	`ManagementFeesPayable`	$43.59K	USD	Point-in-time
Incentive fees	`IncentiveFeePayable`	-	USD	Point-in-time
Incentive fees	`IncentiveFeePayable`	$1.29M	USD	Point-in-time
General Partner fees	`GeneralPartnerFeesPayable`	$51.85K	USD	Point-in-time
General Partner fees	`GeneralPartnerFeesPayable`	$47.55K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$184.54K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$165.26K	USD	Point-in-time
Redemptions payable to General Partner	`RedemptionsPayableToGeneralPartner`	-	USD	Point-in-time
Redemptions payable to General Partner	`RedemptionsPayableToGeneralPartner`	$100.00K	USD	Point-in-time
Redemptions payable to Limited Partners	`RedemptionsPayableToLimitedPartner`	$700.07K	USD	Point-in-time
Redemptions payable to Limited Partners	`RedemptionsPayableToLimitedPartner`	$776.74K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.17M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$70.83M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$64.24M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$73.69M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$69.02M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$71.33M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$65.41M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$6.33K	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$11.96K	USD	1 Quarter
Clearing fees related to direct investments	`ClearanceFees`	$105.32K	USD	1 Quarter
Clearing fees related to direct investments	`ClearanceFees`	$70.33K	USD	1 Quarter
Ongoing selling agent fees	`SalesCommissionsAndFees`	$126.02K	USD	1 Quarter
Ongoing selling agent fees	`SalesCommissionsAndFees`	$136.03K	USD	1 Quarter
General Partner fees	`GeneralPartnerFees`	$160.46K	USD	1 Quarter
General Partner fees	`GeneralPartnerFees`	$148.57K	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$150.31K	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$127.30K	USD	1 Quarter
Incentive fees	`IncentiveFeeExpense`	$570.29K	USD	1 Quarter
Incentive fees	`IncentiveFeeExpense`	$1.29M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$98.05K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$73.98K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.22M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.84M	USD	1 Quarter
Net investment loss	`InvestmentIncomeNet`	$-1.83M	USD	1 Quarter
Net investment loss	`InvestmentIncomeNet`	$-1.21M	USD	1 Quarter
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$6.99M	USD	1 Quarter
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$4.73M	USD	1 Quarter
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$2.07M	USD	1 Quarter
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-293.70K	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$9.07M	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$4.43M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$7.24M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.22M	USD	1 Quarter

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Partners' Capital, Balance	`PartnersCapital`	$70.83M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$64.24M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$73.69M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$69.02M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$7.24M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.22M	USD	1 Quarter
Partners' Capital, Balance	`PartnersCapital`	$70.83M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$64.24M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$73.69M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$69.02M	USD	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	76,966.52	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	100,533.88	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	79,880.16	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	92,310.32	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	76,966.52	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	100,533.88	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	79,880.16	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	92,310.32	shares	Point-in-time

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