10-Q Filing

CERES TACTICAL SYSTEMATIC L.P. CIK: 1209709 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001193125-22-218269`
Period End Date	20220630
Filing Date	20220811
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	d327569d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 52 Stockholders Equity 28

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Unrestricted cash	`CashSegregatedUnderCommodityExchangeActRegulation`	$57.56M	USD	Point-in-time
Unrestricted cash	`CashSegregatedUnderCommodityExchangeActRegulation`	$52.98M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$11.51M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$13.16M	USD	Point-in-time
Net unrealized appreciation on open contracts	`DerivativeAssets`	$913.09K	USD	Point-in-time
Net unrealized appreciation on open contracts	`DerivativeAssets`	$1.74M	USD	Point-in-time
Total equity in trading account	`EquitySecuritiesFvNiCurrentAndNoncurrent`	$72.47M	USD	Point-in-time
Total equity in trading account	`EquitySecuritiesFvNiCurrentAndNoncurrent`	$65.41M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$47.96K	USD	Point-in-time
Interest receivable	`InterestReceivable`	$1.85K	USD	Point-in-time
Total assets	`Assets`	$65.41M	USD	Point-in-time
Total assets	`Assets`	$72.51M	USD	Point-in-time
Net unrealized depreciation on open forward contracts	`DerivativeLiabilities`	$149.44K	USD	Point-in-time
Net unrealized depreciation on open forward contracts	`DerivativeLiabilities`	-	USD	Point-in-time
Ongoing selling agent fees	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$44.59K	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`	$47.03K	USD	Point-in-time
Incentive fees	`IncentiveFeePayable`	$1.09M	USD	Point-in-time
Incentive fees	`IncentiveFeePayable`	-	USD	Point-in-time
General Partner fees	`GeneralPartnerFeesPayable`	$52.61K	USD	Point-in-time
General Partner fees	`GeneralPartnerFeesPayable`	$47.55K	USD	Point-in-time
Professional fees	`AccruedProfessionalFeesCurrentAndNoncurrent`	$175.08K	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`	$278.12K	USD	Point-in-time
Redemptions payable to Limited Partners	`RedemptionsPayableToLimitedPartner`	$776.74K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.83M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$64.24M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$70.68M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$70.71M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$69.02M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$70.83M	USD	Point-in-time
Total partners' capital (net asset value)	`PartnersCapital`	$73.69M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$72.51M	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$65.41M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$8.21K	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	$1.88K	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$87.66K	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$99.61K	USD	2 Qtrs
Clearing fees related to direct investments	`ClearanceFees`	$74.22K	USD	1 Quarter
Clearing fees related to direct investments	`ClearanceFees`	$193.56K	USD	2 Qtrs
Clearing fees related to direct investments	`ClearanceFees`	$144.55K	USD	2 Qtrs
Clearing fees related to direct investments	`ClearanceFees`	$88.25K	USD	1 Quarter
Ongoing selling agent fees	`SalesCommissionsAndFees`	$261.68K	USD	2 Qtrs
Ongoing selling agent fees	`SalesCommissionsAndFees`	$274.38K	USD	2 Qtrs
Ongoing selling agent fees	`SalesCommissionsAndFees`	$138.35K	USD	1 Quarter
Ongoing selling agent fees	`SalesCommissionsAndFees`	$135.66K	USD	1 Quarter
General Partner fees	`GeneralPartnerFees`	$162.98K	USD	1 Quarter
General Partner fees	`GeneralPartnerFees`	$160.03K	USD	1 Quarter
General Partner fees	`GeneralPartnerFees`	$308.60K	USD	2 Qtrs
General Partner fees	`GeneralPartnerFees`	$323.44K	USD	2 Qtrs
Management fees	`ManagementFeeExpense`	$270.33K	USD	2 Qtrs
Management fees	`ManagementFeeExpense`	$152.58K	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$143.03K	USD	1 Quarter
Management fees	`ManagementFeeExpense`	$302.89K	USD	2 Qtrs
Incentive fees	`IncentiveFeeExpense`	$2.27M	USD	2 Qtrs
Incentive fees	`IncentiveFeeExpense`	$832.70K	USD	1 Quarter
Incentive fees	`IncentiveFeeExpense`	$974.50K	USD	1 Quarter
Incentive fees	`IncentiveFeeExpense`	$1.40M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$134.72K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$60.74K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$184.93K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$86.88K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.55M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.46M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$2.68M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$3.39M	USD	2 Qtrs
Net investment loss	`InvestmentIncomeNet`	$-2.67M	USD	2 Qtrs
Net investment loss	`InvestmentIncomeNet`	$-1.46M	USD	1 Quarter
Net investment loss	`InvestmentIncomeNet`	$-1.46M	USD	1 Quarter
Net investment loss	`InvestmentIncomeNet`	$-3.29M	USD	2 Qtrs
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$5.90M	USD	1 Quarter
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$12.89M	USD	2 Qtrs
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$12.47M	USD	2 Qtrs
Net realized gains (losses) on closed contracts	`GainLossOnSaleOfCommodityContracts`	$7.74M	USD	1 Quarter
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-1.39M	USD	1 Quarter
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$684.10K	USD	2 Qtrs
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-1.42M	USD	1 Quarter
Net change in unrealized gains (losses) on open contracts	`UnrealizedGainLossOnCommodityContracts`	$-1.72M	USD	2 Qtrs
Total trading results	`TradingGainsLosses`	$13.58M	USD	2 Qtrs
Total trading results	`TradingGainsLosses`	$6.32M	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$4.51M	USD	1 Quarter
Total trading results	`TradingGainsLosses`	$10.75M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.86M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$10.29M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$3.05M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$8.08M	USD	2 Qtrs

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Partners' Capital, Balance	`PartnersCapital`	$64.24M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$70.68M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$70.71M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$69.02M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$70.83M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$73.69M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$4.86M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$10.29M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$3.05M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$8.08M	USD	2 Qtrs
Partners' Capital, Balance	`PartnersCapital`	$64.24M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$70.68M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$70.71M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$69.02M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$70.83M	USD	Point-in-time
Partners' Capital, Balance	`PartnersCapital`	$73.69M	USD	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	79,880.16	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	86,418.02	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	92,310.32	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	100,533.88	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	75,480.33	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	76,966.52	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	79,880.16	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	86,418.02	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	92,310.32	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	100,533.88	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	75,480.33	shares	Point-in-time
Partners' Capital, Balance - Redeemable Units	`PartnersCapitalAccountUnits`	76,966.52	shares	Point-in-time

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