Managed Futures Premier Graham (MSCG) 10-Q 11 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Jul. 31, 2022
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Registrant Name	CERES CLASSIC L.P.
Entity Central Index Key	0001066656
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entity Address, State or Province	NY
Entity File Number	000-25603
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	13-4018068
Entity Address, Address Line One	Ceres Managed Futures LLC
Entity Address, Address Line Two	522 Fifth Avenue
Entity Address, City or Town	New York
Entity Address, Postal Zip Code	10036
Local Phone Number	672-4468
City Area Code	855
Document Quarterly Report	true
Document Transition Report	false
Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		5,715,762.104
Class Z [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		11,079.649

Statements of Financial Conditi

Statements of Financial Condition - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Assets:
Investment in the Trading Company(1), at fair value	$ 51,843,392	$ 41,318,675
Redemptions receivable from the Trading Company	138,062	114,506
Equity in trading account:
Unrestricted cash	104,630,549	77,949,156
Restricted cash	13,749,159	19,943,752
Net unrealized appreciation on open contracts	1,537,018	729,070
Total equity in trading account	119,916,726	98,621,978
Interest receivable	78,619	2,625
Total assets	171,976,799	140,057,784
Liabilities:
Net unrealized appreciation on open contracts	1,435,040	421,170
Accrued expenses:
Administrative and General Partner's fees	102,986	85,905
Management fees	163,550	133,980
Incentive fees	1,025,005	81,002
Professional fees	217,057	139,228
Redemptions payable to General Partner		200,000
Redemptions payable to Limited Partners	924,141	2,085,837
Total liabilities	3,867,779	3,147,122
Partners' Capital:
Total partners' capital (net asset value)	168,109,020	136,910,662
Total liabilities and partners' capital	171,976,799	140,057,784
Class Z [Member]
Partners' Capital:
General Partner, Class Z, 163,339.585 Units outstanding at June 30, 2022 and December 31, 2021	2,015,009	1,545,437
Limited Partners	136,671	104,821
Total partners' capital (net asset value)	$ 2,151,680	$ 1,650,258
Net asset value per Unit:
Net asset value per unit	$ 12.34	$ 9.46
Class A [Member]
Partners' Capital:
Limited Partners	$ 165,957,340	$ 135,260,404
Total partners' capital (net asset value)	$ 165,957,340	$ 135,260,404
Net asset value per Unit:
Net asset value per unit	$ 28.87	$ 22.22
Futures Contracts [Member]
Equity in trading account:
Net unrealized appreciation on open contracts		$ 729,070
Liabilities:
Net unrealized appreciation on open contracts	$ 1,435,040
Forward Contracts [Member]
Equity in trading account:
Net unrealized appreciation on open contracts	1,537,018
Liabilities:
Net unrealized appreciation on open contracts	$ 0	$ 421,170

Statements of Financial Condi_2

Statements of Financial Condition (Parenthetical) - shares	Jun. 30, 2022	Dec. 31, 2021
Class Z [Member]
General Partner, Units	163,339.585	163,339.585
Limited Partners, Units	11,079.649	11,079.649
Class A [Member]
Limited Partners, Units	5,747,746.143	6,086,081.989

Condensed Schedule of Investmen

Condensed Schedule of Investments	Jun. 30, 2022 USD ($) Class Contracts	Dec. 31, 2021 USD ($) Class Contracts
Schedule of Investments [Line Items]
Investment in the Trading Company	$ 51,843,392	$ 41,318,675
CMF Winton Master LP [Member]
Schedule of Investments [Line Items]
% of Partners' Capital	30.84%	30.18%
Investment in the Trading Company	$ 51,843,392	$ 41,318,675
Forward Contracts [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	5,425,535	2,567,692
Total unrealized depreciation on open contracts	(3,888,517)	(2,988,862)
Net unrealized depreciation on open forward contracts	$ 1,537,018	$ (421,170)
% of Partners' Capital	0.91%	(0.31%)
Forward Contracts [Member] | Total Unrealized Depreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
Total unrealized depreciation on open contracts	$ (3,888,517)	$ (2,988,862)
% of Partners' Capital	(2.31%)	(2.18%)
Forward Contracts [Member] | Total Unrealized Appreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	$ 5,425,535	$ 2,567,692
% of Partners' Capital	3.22%	1.87%
Forward Contracts [Member] | Currencies [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	$ 4,221,351	$ 1,744,966
Total unrealized depreciation on open contracts	(2,721,980)	(2,224,046)
Forward Contracts [Member] | Currencies [Member] | Total Unrealized Depreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
Notional Amount	158,791,660	198,478,850
Total unrealized depreciation on open contracts	$ (2,721,980)	$ (2,224,046)
% of Partners' Capital	(1.62%)	(1.62%)
Forward Contracts [Member] | Currencies [Member] | Total Unrealized Appreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
Notional Amount	$ 210,445,637	$ 167,807,766
Total unrealized appreciation on open contracts	$ 4,221,351	$ 1,744,966
% of Partners' Capital	2.51%	1.27%
Forward Contracts [Member] | Metals [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	$ 1,204,184	$ 822,726
Total unrealized depreciation on open contracts	$ (1,166,537)	$ (764,816)
Forward Contracts [Member] | Metals [Member] | Total Unrealized Depreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	80	150
Total unrealized depreciation on open contracts	$ (1,166,537)	$ (764,816)
% of Partners' Capital	(0.69%)	(0.56%)
Forward Contracts [Member] | Metals [Member] | Total Unrealized Appreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	92	172
Total unrealized appreciation on open contracts	$ 1,204,184	$ 822,726
% of Partners' Capital	0.71%	0.60%
Futures Contracts [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	$ 2,366,423	$ 2,679,698
Total unrealized depreciation on open contracts	(3,801,463)	(1,950,628)
Net unrealized depreciation on open forward contracts	$ (1,435,040)	$ 729,070
% of Partners' Capital	(0.85%)	0.53%
Futures Contracts [Member] | Currencies [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	$ 125,787	$ 27,947
Total unrealized depreciation on open contracts	(44,687)	(193,626)
Futures Contracts [Member] | Energy [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	35,990	667,615
Total unrealized depreciation on open contracts	(1,691,475)	(116,177)
Futures Contracts [Member] | Grains [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	340,211	277,755
Total unrealized depreciation on open contracts	(748,178)	(157,556)
Futures Contracts [Member] | Indices [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	703,194	654,155
Total unrealized depreciation on open contracts	(225,324)	(486,810)
Futures Contracts [Member] | Interest Rate US [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	251,617	125,562
Total unrealized depreciation on open contracts	(275,015)	(109,898)
Futures Contracts [Member] | Interest Rate Non US [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	521,994	699,662
Total unrealized depreciation on open contracts	(466,670)	(630,253)
Futures Contracts [Member] | Livestock [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	6,420	16,490
Total unrealized depreciation on open contracts	(13,265)	(4,910)
Futures Contracts [Member] | Metals [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	194,175	58,181
Total unrealized depreciation on open contracts	(111,140)	(149,920)
Futures Contracts [Member] | Softs [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	187,035	152,331
Total unrealized depreciation on open contracts	(225,709)	(101,478)
Futures Contracts [Member] | Contracts Purchased [Member]
Schedule of Investments [Line Items]
Net unrealized depreciation on open forward contracts	$ (2,522,977)	$ 895,498
% of Partners' Capital	(1.50%)	0.65%
Futures Contracts [Member] | Contracts Purchased [Member] | Currencies [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contracts	80	88
Net unrealized depreciation on open forward contracts	$ (455)	$ (30,119)
% of Partners' Capital	0%	(0.02%)
Futures Contracts [Member] | Contracts Purchased [Member] | Energy [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	149	243
Net unrealized depreciation on open forward contracts	$ (1,685,715)	$ 599,385
% of Partners' Capital	(1.00%)	0.44%
Futures Contracts [Member] | Contracts Purchased [Member] | Grains [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	195	353
Net unrealized depreciation on open forward contracts	$ (677,665)	$ 56,336
% of Partners' Capital	(0.40%)	0.04%
Futures Contracts [Member] | Contracts Purchased [Member] | Indices [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	115	308
Net unrealized depreciation on open forward contracts	$ (162,862)	$ 601,764
% of Partners' Capital	(0.10%)	0.44%
Futures Contracts [Member] | Contracts Purchased [Member] | Interest Rate US [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contracts	92	354
Net unrealized depreciation on open forward contracts	$ 184,531	$ 13,617
% of Partners' Capital	0.11%	0.01%
Futures Contracts [Member] | Contracts Purchased [Member] | Interest Rate Non US [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contracts	190	777
Net unrealized depreciation on open forward contracts	$ 138,291	$ (417,936)
% of Partners' Capital	0.08%	(0.31%)
Futures Contracts [Member] | Contracts Purchased [Member] | Livestock [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	21	18
Net unrealized depreciation on open forward contracts		$ 16,250
% of Partners' Capital		0.01%
Futures Contracts [Member] | Contracts Purchased [Member] | Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	28	15
Net unrealized depreciation on open forward contracts	$ (108,670)	$ 11,287
% of Partners' Capital	(0.06%)	0.01%
Futures Contracts [Member] | Contracts Purchased [Member] | Softs [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	78	178
Net unrealized depreciation on open forward contracts	$ (210,432)	$ 44,914
% of Partners' Capital	(0.13%)	0.03%
Futures Contracts [Member] | Contracts Sold [Member]
Schedule of Investments [Line Items]
Net unrealized depreciation on open forward contracts	$ 1,087,937	$ (166,428)
% of Partners' Capital	0.65%	(0.12%)
Futures Contracts [Member] | Contracts Sold [Member] | Currencies [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contracts	61	166
Net unrealized depreciation on open forward contracts	$ 81,555	$ (135,560)
% of Partners' Capital	0.05%	(0.10%)
Futures Contracts [Member] | Contracts Sold [Member] | Energy [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	7	10
Net unrealized depreciation on open forward contracts	$ 30,230	$ (47,947)
% of Partners' Capital	0.02%	(0.03%)
Futures Contracts [Member] | Contracts Sold [Member] | Grains [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	45	37
Net unrealized depreciation on open forward contracts	$ 269,698	$ 63,863
% of Partners' Capital	0.16%	0.05%
Futures Contracts [Member] | Contracts Sold [Member] | Indices [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	296	226
Net unrealized depreciation on open forward contracts	$ 640,732	$ (434,419)
% of Partners' Capital	0.38%	(0.32%)
Futures Contracts [Member] | Contracts Sold [Member] | Interest Rate US [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	239	177
Net unrealized depreciation on open forward contracts	$ (207,929)	$ 2,047
% of Partners' Capital	(0.12%)	0%
Futures Contracts [Member] | Contracts Sold [Member] | Interest Rate Non US [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	649	875
Net unrealized depreciation on open forward contracts	$ (82,967)	$ 487,345
% of Partners' Capital	(0.05%)	0.36%
Futures Contracts [Member] | Contracts Sold [Member] | Livestock [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class		5
Net unrealized depreciation on open forward contracts	$ (6,845)	$ (4,670)
% of Partners' Capital	0%	0%
Futures Contracts [Member] | Contracts Sold [Member] | Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	65	53
Net unrealized depreciation on open forward contracts	$ 191,705	$ (103,026)
% of Partners' Capital	0.11%	(0.08%)
Futures Contracts [Member] | Contracts Sold [Member] | Softs [Member]
Schedule of Investments [Line Items]
Number of Contracts | Class	126	62
Net unrealized depreciation on open forward contracts	$ 171,758	$ 5,939
% of Partners' Capital	0.10%	0%

Statements of Income and Expens

Statements of Income and Expenses - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Investment Income:
Interest income	$ 145,102	$ 3,327	$ 163,986	$ 13,629
Interest income allocated from the Trading Company	55,639	1,595	62,507	5,681
Total investment income	200,741	4,922	226,493	19,310
Expenses:
Expenses allocated from the Trading Company	42,210	43,453	104,782	94,660
Clearing fees	57,347	107,875	113,037	201,492
Administrative and General Partner's fees	305,925	282,104	570,458	560,893
Ongoing placement agent fees	302,062	278,624	563,372	553,444
Management fees	483,273	484,542	903,119	964,146
Incentive fees	1,025,005	396,518	2,696,235	935,356
Professional Fees	98,008	142,694	221,345	279,108
Total expenses	2,313,830	1,735,810	5,172,348	3,589,099
Net investment loss	(2,113,089)	(1,730,888)	(4,945,855)	(3,569,789)
Net gains (losses) on trading of commodity interests:
Net realized gains (losses) on closed contracts	17,181,750	8,338,483	32,361,534	13,757,120
Net realized gains (losses) on closed contracts allocated from the Trading Company	7,728,362	2,466,556	12,473,444	7,273,692
Net change in unrealized gains (losses) on open contracts	(4,863,398)	(2,256,703)	(209,570)	(4,069,876)
Net change in unrealized gains (losses) on open contracts allocated from the Trading Company	(3,886,471)	(86,054)	400,453	(2,169,667)
Total trading results	16,160,243	8,462,282	45,025,861	14,791,269
Net income (loss)	14,047,154	6,731,394	40,080,006	11,221,480
Class A [Member]
Net gains (losses) on trading of commodity interests:
Net income (loss)	$ 13,867,053	$ 6,645,757	$ 39,578,584	$ 11,096,576
Net income (loss) per Unit:
Net income (loss) per unit	$ 2.37	$ 0.99	$ 6.65	$ 1.65
Weighted average Units outstanding:
Weighted average units outstanding	5,820,058.538	6,632,974.371	5,922,954.651	6,801,582.334
Class Z [Member]
Net gains (losses) on trading of commodity interests:
Net income (loss)	$ 180,101	$ 85,637	$ 501,422	$ 124,904
Net income (loss) per Unit:
Net income (loss) per unit	$ 1.04	$ 0.44	$ 2.88	$ 0.74
Weighted average Units outstanding:
Weighted average units outstanding	174,419.234	195,560.883	174,419.234	216,821.322

Statements of Changes in Partne

Statements of Changes in Partners' Capital - USD ($)	Total	General Partner [Member]	Limited Partner [Member]	Class A [Member]	Class A [Member] Limited Partner [Member]	Class Z [Member]	Class Z [Member] General Partner [Member]	Class Z [Member] Limited Partner [Member]
Balance at Dec. 31, 2020	$ 61,449,558			$ 60,545,493		$ 904,065
Balance (in units) at Dec. 31, 2020	2,975,234.876			2,873,697.998		101,536.878
Subscriptions		$ 1,841,454	$ 89,840,737		$ 89,741,721		$ 1,841,454	$ 99,016
Subscriptions (in units)		206,904.961	4,270,297.539		4,259,217.89		206,904.961	11,079.649
Redemptions		$ (1,085,094)	$ (13,269,266)		$ (13,269,266)		$ (1,085,094)
Redemptions (in units)		(123,960.605)	(613,613.511)		(613,613.511)		(123,960.605)
Net income (loss)	$ 11,221,480			$ 11,096,576		$ 124,904
Balance at Jun. 30, 2021	$ 149,998,869			$ 148,114,524		$ 1,884,345
Balance (in units) at Jun. 30, 2021	6,714,863.26			6,519,302.377		195,560.883
Balance at Mar. 31, 2021	$ 147,220,118			$ 145,421,410		$ 1,798,708
Balance (in units) at Mar. 31, 2021	6,888,678.918			6,693,118.035		195,560.883
Redemptions			$ (3,952,643)		$ (3,952,643)
Redemptions (in units)			(173,815.658)		(173,815.658)
Net income (loss)	$ 6,731,394			$ 6,645,757		$ 85,637
Balance at Jun. 30, 2021	$ 149,998,869			$ 148,114,524		$ 1,884,345
Balance (in units) at Jun. 30, 2021	6,714,863.26			6,519,302.377		195,560.883
Balance at Dec. 31, 2021	$ 136,910,662			$ 135,260,404		$ 1,650,258
Balance (in units) at Dec. 31, 2021	6,260,501.223			6,086,081.989		174,419.234
Redemptions			$ (8,881,648)		$ (8,881,648)
Redemptions (in units)			(338,335.846)		(338,335.846)
Net income (loss)	$ 40,080,006			$ 39,578,584		$ 501,422
Balance at Jun. 30, 2022	$ 168,109,020			$ 165,957,340		$ 2,151,680
Balance (in units) at Jun. 30, 2022	5,922,165.377			5,747,746.143		174,419.234
Balance at Mar. 31, 2022	$ 157,727,947			$ 155,756,368		$ 1,971,579
Balance (in units) at Mar. 31, 2022	6,050,910.214			5,876,490.98		174,419.234
Redemptions			$ (3,666,081)		$ (3,666,081)
Redemptions (in units)			(128,744.837)		(128,744.837)
Net income (loss)	$ 14,047,154			$ 13,867,053		$ 180,101
Balance at Jun. 30, 2022	$ 168,109,020			$ 165,957,340		$ 2,151,680
Balance (in units) at Jun. 30, 2022	5,922,165.377			5,747,746.143		174,419.234

Organization

Organization	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization: Ceres Classic L.P. (the “Partnership”) is a Delaware limited partnership organized in 1998 to engage primarily in the speculative trading of futures contracts, options on futures and forward contracts, forward contracts on physical commodities and other commodity interests, including, but not limited to, foreign currencies, financial instruments, metals, energy and agricultural products (collectively, “Futures Interests”) (refer to Note 4, “Financial Instrument Risks”). The General Partner (as defined below) may also determine to invest up to all of the Partnership’s assets in United States (“U.S.”) Treasury bills and/or money market mutual funds, including money market mutual funds managed by Morgan Stanley or its affiliates. Ceres Managed Futures LLC, a Delaware limited liability company, acts as the general partner (“Ceres” or the “General Partner”) and commodity pool operator of the Partnership. The General Partner is a wholly-owned subsidiary of Morgan Stanley Domestic Holdings, Inc. (“MSD Holdings”). MSD Holdings is ultimately owned by Morgan Stanley. Morgan Stanley is a publicly held company whose shares are listed on the New York Stock Exchange. Morgan Stanley is engaged in various financial services and other businesses. Morgan Stanley Smith Barney LLC is doing business as Morgan Stanley Wealth Management (“Morgan Stanley Wealth Management”). This entity currently acts as the placement agent for the Partnership. Morgan Stanley Wealth Management is a principal subsidiary of MSD Holdings. As of June 30, 2022, all trading decisions were made for the Partnership by Graham Capital Management, L.P. (“Graham”), Winton Capital Management Limited (“WCM”), EMC Capital Advisors, LLC (“EMC”) and Campbell & Company, LP (“Campbell”), as the commodity trading advisors to the Partnership (each, a “Trading Advisor” and collectively, the “Trading Advisors”). Each Trading Advisor is allocated a portion of the Partnership’s assets to manage. Ceres is responsible for selecting additional commodity trading advisors from time to time and for replacing Trading Advisors as it deems necessary. Trading advisors can be added, removed, or replaced at any time by Ceres, or Ceres may determine to adjust the allocation of assets to each Trading Advisor, without the consent of, or advance notice to, the limited partners. As of January 1, 2021, the Partnership invested a portion of its assets in CMF Winton Master L.P., organized in New York as a limited partnership (“CMF Winton” or the “Trading Company”). The Partnership and any other feeder fund investing in the Trading Company constitute the limited partners of the Trading Company. The Trading Company is managed by Ceres Managed Futures LLC. CMF Winton has a single account with WCM. The Trading Company may and will, among other things, trade, buy, sell, spread, or otherwise acquire, hold, or dispose of Futures Interests. The General Partner is not aware of any material changes to the trading programs discussed above during the fiscal quarter ended June 30, 2022. During the reporting periods ended June 30, 2022 and 2021, the Partnership’s commodity broker was Morgan Stanley & Co. LLC (“MS&Co.”), a registered futures commission merchant. MS&Co. also acts as the counterparty on all trading of foreign currency forward contracts. MS&Co. is a wholly-owned subsidiary of Morgan Stanley. As of January 1, 2021, JPMorgan Chase Bank, N.A. (“JPM”) acts as prime broker in connection with foreign exchange forward and swap transactions for the Trading Company. As of June 30, 2022, units of limited partnership interest (“Unit(s)”) of the Partnership are being offered in two share classes (each, a “Class” or collectively, the “Classes”). A Limited Partner will initially receive Class A Units in the Partnership, provided, that certain investors (other than ERISA/IRA investors) who subscribe for Units on a consulting basis, the General Partner, and certain employees of Morgan Stanley and/or its subsidiaries (and their family members) may be designated to hold Class Z Units. The Partnership previously offered Units in Class D; however, no Limited Partners hold Class D Units as of June 30, 2022, and Class D Units are no longer offered. Each of Class A and Z Units of the Partnership have the same investment exposure and rights except for the amount of the ongoing placement agent fee charged to each Class of Units; however, Class Z Units are not subject to an ongoing placement agent fee. The monthly management fee paid by the Partnership to Graham is equal to 1/12 th The Partnership pays WCM a flat-rate monthly fee equal to 1/12 th The Partnership pays Campbell a flat rate monthly fee equal to 1/12 th The Partnership pays EMC a flat rate monthly fee equal to 1/12 th The ongoing placement agent fee paid by the Partnership to Morgan Stanley Wealth Management for Class A unit holders is equal to an annual rate of 0.75% of the adjusted net assets of Class A units (computed monthly by multiplying the adjusted net assets of the Class A units by 0.75% and dividing the result thereof by 12). The administrative and general partner fee paid by the Partnership to Ceres for all limited partners is equal to an annual rate of 0.75% of the Partnership’s net assets (as defined in the Partnership’s Limited Partnership Agreement). The Partnership directly pays the brokerage fees and other transaction-related fees and expenses, as incurred and also pays its ongoing administrative, operating, offering and organizational expenses (including, but not limited to, periodic legal, accounting, administrative, filing, reporting and data processing fees) and its pro rata share of such expenses of any trading company to which the Partnership has allocated assets. The Trading Company has entered into a foreign exchange brokerage account agreement and a futures brokerage account agreement with MS&Co. The Partnership has also entered into a futures brokerage account agreement with MS&Co. Pursuant to these agreements, the Partnership, directly or indirectly through its investment in the Trading Company, pays MS&Co. (or will reimburse MS&Co., if previously paid) its allocable share of all trading fees for the clearing and, where applicable, execution of transactions as well as exchange, user, give-up, The Partnership has also entered into a selling agreement with Morgan Stanley Wealth Management (as amended, the “Selling Agreement”). Pursuant to the Selling Agreement, Morgan Stanley Wealth Management is paid a monthly ongoing selling agent fee at the rates described above. The ongoing selling agent fee received by Morgan Stanley Wealth Management is shared with the properly registered/exempted financial advisors of Morgan Stanley Wealth Management who sell Class A Units. The Trading Company entered into certain agreements with JPMorgan in connection with trading in forward foreign currency contracts on behalf of the Trading Company and, indirectly, the Partnership. These agreements include a foreign exchange and bullion authorization agreement (“FX Agreement”), an International Swap Dealers Association, Inc. master agreement (“Master Agreement”), a schedule to the Master Agreement, a 2016 credit support annex for variation margin to the schedule and an institutional account agreement. Under the FX Agreement, JPMorgan charges a fee on the aggregate foreign currency transactions entered into on behalf of the Trading Company during a month. The General Partner has delegated certain administrative functions to SS&C Technologies, Inc., a Delaware corporation, currently doing business as SS&C GlobeOp (the “Administrator”). Pursuant to a master services agreement, the Administrator furnishes certain administrative, accounting, regulatory reporting, tax and other services as agreed from time to time. In addition, the Administrator maintains certain books and records of the Partnership.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	2. Basis of Presentation and Summary of Significant Accounting Policies: The accompanying financial statements and accompanying notes are unaudited but, in the opinion of the General Partner, include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the Partnership’s financial condition at June 30, 2022 and the results of its operations and changes in partners’ capital for the three and six months ended June 30, 2022 and 2021. These financial statements present the results of interim periods and do not include all of the disclosures normally provided in annual financial statements. These financial statements should be read together with the financial statements and notes included in the Partnership’s Annual Report on Form 10-K 10-K”) Due to the nature of commodity trading, the results of operations for the interim periods presented should not be considered indicative of the results that may be expected for the entire year. Use of Estimates Profit Allocation. Statement of Cash Flows. permitted “Statement of Cash Flows.” Partnership’s Investment in the Trading Company. The Partnership carries its investment in the Trading Company based on the Partnership’s (1) net contribution to the Trading Company and (2) its allocated share of the undistributed profits and losses, including realized gains or losses and net change in unrealized gains or losses, of the Trading Company. Partnership’s Investments. first-in, first-out Partnership’s Cash Income Taxes. “Income Taxes,” “more-likely-than-not” more-likely-than-not Investment Company Status. Financial Services—Investment Companies (Topic 946): Amendments to the Scope, Measurement and Disclosure Requirements Net Income (Loss) per Unit. “Financial Services – Investment Companies.” There have been no material changes with respect to the Partnership’s critical accounting policies as reported in the Partnership’s Annual Report on Form 10-K

Financial Highlights

Financial Highlights	6 Months Ended
	Jun. 30, 2022
Investment Company [Abstract]
Financial Highlights	3. Financial Highlights: Financial highlights for the limited partner class as a whole for the three and six months ended June 30, 2022 and 2021 were as follows: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Class A Class Z Class A Class Z Class A Class Z Class A Class Z Per Unit Performance (for a unit outstanding throughout the period):* Net realized and unrealized gains (losses) $ 2.73 $ 1.17 $ 1.25 $ 0.53 $ 7.48 $ 3.19 $ 2.17 $ 0.93 Net investment loss (0.36) (0.13) (0.26) (0.09) (0.83) (0.31) (0.52) (0.19) Increase (decrease) for the period 2.37 1.04 0.99 0.44 6.65 2.88 1.65 0.74 Net asset value per Unit, beginning of period 26.50 11.30 21.73 9.20 22.22 9.46 21.07 8.90 Net asset value per Unit, end of period $ 28.87 $ 12.34 $ 22.72 $ 9.64 $ 28.87 $ 12.34 $ 22.72 $ 9.64 Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Class A Class Z Class A Class Z Class A Class Z Class A Class Z Ratios to Average Limited Partners’ Capital: ** Net investment loss *** (3.3) % (2.5) % (3.9) % (3.1) % (4.6) % (3.9) % (4.6) % (3.4) % Operating expenses 3.2 % 2.4 % 3.6 % 2.8 % 3.2 % 2.5 % 3.9 % 2.8 % Incentive fees 0.6 % 0.6 % 0.3 % 0.3 % 1.7 % 1.7 % 0.7 % 0.6 % Total expenses 3.8 % 3.0 % 3.9 % 3.1 % 4.9 % 4.2 % 4.6 % 3.4 % Total return: Total return before incentive fees 9.6 % 9.8 % 4.8 % 5.0 % 32.0 % 32.5 % 8.5 % 9.0 % Incentive fees (0.7) % (0.6) % (0.2) % (0.2) % (2.1) % (2.1) % (0.7) % (0.7) % Total return after incentive fees 8.9 % 9.2 % 4.6 % 4.8 % 29.9 % 30.4 % 7.8 % 8.3 % * Net investment loss per Unit is calculated by dividing the interest income less total expenses by the average number of Units outstanding during the period. The net realized and unrealized gains (losses) per Unit is a balancing amount necessary to reconcile the change in net asset value per Unit with the other per unit information. ** Annualized (except for incentive fees). *** Interest income less total expenses. The above ratios and total return may vary for individual investors based on the timing of capital transactions during the period. Additionally, these ratios are calculated for the limited partner class using the limited partners’ share of income, expenses and average partners’ capital of the Partnership and include the income and expenses allocated from the Trading Company.

Financial Instrument Risks

Financial Instrument Risks	6 Months Ended
	Jun. 30, 2022
Investments, All Other Investments [Abstract]
Financial Instrument Risks	4. Financial Instrument Risks: The Partnership trades Futures Interests. Futures and forwards represent contracts for delayed delivery of an instrument at a specified date and price. The fair value of an exchange-traded contract is based on the settlement price quoted by the exchange on the day with respect to which fair value is being determined. If an exchange-traded contract could not have been liquidated on such day due to the operation of daily limits or other rules of the exchange, the settlement price will be equal to the settlement price on the first subsequent day on which the contract could be liquidated. The General Partner estimates that, at any given time, approximately 8.1% to 44.8% of the Partnership’s contracts are traded over-the-counter. In general, the risks associated with non-exchange-traded non-exchange-traded The Partnership also has credit risk because MS&Co. acts as the commodity futures broker, or the counterparty, with respect to most of the Partnership’s assets. Exchange-traded futures and exchange-traded forward contracts are fair valued on a daily basis, with variations in value settled on a daily basis. With respect to the Partnership’s non-exchange-traded non-exchange-traded non-exchange-traded The General Partner monitors and attempts to mitigate the Partnership’s risk exposure on a daily basis through financial, credit and risk management monitoring systems, and accordingly, believes that it has effective procedures for evaluating and limiting the credit and market risks to which the Partnership may be subject. These monitoring systems generally allow the General Partner to statistically analyze actual trading results with risk adjusted performance indicators and correlation statistics. In addition, online monitoring systems provide account analysis of U.S. Treasury bills, futures, forward and option contracts by sector, margin requirements, gain and loss transactions and collateral positions. The Futures Interests traded, and the U.S. Treasury bills held, by the Partnership involve varying degrees of related market risk. Market risk is often dependent upon changes in the level or volatility of interest rates, exchange rates, and prices of financial instruments and commodities, factors that result in frequent changes in the fair value of the Partnership’s open positions, and consequently, in its earnings, whether realized or unrealized, and cash flow. Gains and losses on open positions of exchange-traded futures and exchange-traded forward contracts are settled daily through variation margin. Gains and losses on non-exchange-traded In the ordinary course of business, the Partnership enters into contracts and agreements that contain various representations and warranties and which provide general indemnifications. The Partnership’s maximum exposure under these arrangements cannot be determined, as this could include future claims that have not yet been made against the Partnership. The General Partner considers the risk of any future obligation relating to these indemnifications to be remote. Since its discovery in December 2019, a new strain of coronavirus, which causes the viral disease known as COVID-19, The COVID-19 sheltering-in-place Given the continuing development of this situation, it is not possible to accurately predict how the market disruptions caused by COVID-19 On February 22, 2022, the United States and several European nations announced sanctions against Russia in response to Russia’s mobilization of forces and threat of invasion of the Ukraine, and governments around the world imposed, and may in the future impose, additional sanctions on Russia in response to its continued escalation of this conflict. On February 24, 2022, Russian President Putin commenced a full-scale invasion of Russia’s pre-positioned

Trading Activities

Trading Activities	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Trading Activities	5. Trading Activities: The Partnership’s objective is to profit from speculative trading in Futures Interests. Therefore, the Trading Advisor will take speculative positions in Futures Interests where it feels the best profit opportunities exist for its trading strategy. As such, the average number of contracts outstanding in absolute quantities (the total of the open long and open short positions) has been presented as a part of the volume disclosure, as position direction is not an indicative factor in such volume disclosures. All of the Futures Interests owned by the Partnership are held for trading purposes. The monthly average number of futures contracts traded during the three months ended June 30, 2022 and 2021 were 2,937 and 6,507, respectively. The monthly average number of futures contracts traded during the six months ended June 30, 2022 and 2021 were 3,085 and 7,255, respectively. The monthly average number of metals forward contracts traded during the three months ended June 30, 2022 and 2021 were 346 and 715, respectively. The monthly average number of metals forward contracts traded during the six months ended June 30, 2022 and 2021 were 450 and 602, respectively. The monthly average notional values of currency forward contracts traded during the three months ended June 30, 2022 and 2021 were $635,110,854 and $786,260,462, respectively. The monthly average notional values of currency forward contracts traded during the six months ended June 30, 2022 and 2021 were $649,241,059 and $687,921,283, respectively. The following tables summarize the gross and net amounts recognized relating to the assets and liabilities of the Partnership’s derivative instruments and transactions eligible for offset subject to master netting agreements or similar arrangements as of June 30, 2022 and December 31, 2021, respectively. Gross Amounts Amounts Gross Amounts Not Offset in the Offset in the Presented in the Statements of Financial Condition Gross Statements of Statements of Cash Collateral Amounts Financial Financial Financial Received/ June 30, 2022 Recognized Condition Condition Instruments Pledged* Net Amount Assets Futures $ 2,366,423 $ (2,366,423) $ - $ - $ - $ - Forwards 5,425,535 (3,888,517) 1,537,018 - - 1,537,018 Total assets $ 7,791,958 $ (6,254,940) $ 1,537,018 $ - $ - $ 1,537,018 Liabilities Futures $ (3,801,463) $ 2,366,423 $ (1,435,040) $ - $ 1,435,040 $ - Forwards (3,888,517) 3,888,517 - - - - Total liabilities $ (7,689,980) $ 6,254,940 $ (1,435,040) $ - $ 1,435,040 $ - Net fair value $ 1,537,018 * Gross Amounts Amounts Gross Amounts Not Offset in the Offset in the Presented in the Statements of Financial Condition Gross Statements of Statements of Cash Collateral Amounts Financial Financial Financial Received/ December 31, 2021 Recognized Condition Condition Instruments Pledged* Net Amount Assets Futures $ 2,679,698 $ (1,950,628) $ 729,070 $ - $ - $ 729,070 Forwards 2,567,692 (2,567,692) - - - - Total assets $ 5,247,390 $ (4,518,320) $ 729,070 $ - $ - $ 729,070 Liabilities Futures $ (1,950,628) $ 1,950,628 $ - $ - $ - $ - Forwards (2,988,862) 2,567,692 (421,170) - 421,170 - Total liabilities $ (4,939,490) $ 4,518,320 $ (421,170) $ - $ 421,170 $ - Net fair value $ 729,070 * * In the event of default by the Partnership, MS&Co., the Partnership’s commodity futures broker and the sole counterparty to the Partnership’s non-exchange-traded The following tables indicate the gross fair values of derivative instruments of futures and forward contracts as separate assets and liabilities as of June 30, 2022 and December 31, 2021, respectively. June 30, 2022 Assets Futures Contracts Currencies $ 125,787 Energy 35,990 Grains 340,211 Indices 703,194 Interest Rates U.S. 251,617 Interest Rates Non-U.S. 521,994 Livestock 6,420 Metals 194,175 Softs 187,035 Total unrealized appreciation on open futures contracts 2,366,423 Liabilities Futures Contracts Currencies (44,687) Energy (1,691,475) Grains (748,178) Indices (225,324) Interest Rates U.S. (275,015) Interest Rates Non-U.S. (466,670) Livestock (13,265) Metals (111,140) Softs (225,709) Total unrealized depreciation on open futures contracts (3,801,463) Net unrealized depreciation on open futures contracts $ (1,435,040) * Assets Forward Contracts Currencies $ 4,221,351 Metals 1,204,184 Total unrealized appreciation on open forward contracts 5,425,535 Liabilities Forward Contracts Currencies (2,721,980) Metals (1,166,537) Total unrealized depreciation on open forward contracts (3,888,517) Net unrealized appreciation on open forward contracts $ 1,537,018 ** * This amount is in “Net unrealized depreciation on open futures contracts” in the Statements of Financial Condition. ** This amount is in “Net unrealized appreciation on open forward contracts” in the Statements of Financial Condition. December 31, 2021 Assets Futures Contracts Currencies $ 27,947 Energy 667,615 Grains 277,755 Indices 654,155 Interest Rates U.S. 125,562 Interest Rates Non-U.S. 699,662 Livestock 16,490 Metals 58,181 Softs 152,331 Total unrealized appreciation on open futures contracts 2,679,698 Liabilities Futures Contracts Currencies (193,626) Energy (116,177) Grains (157,556) Indices (486,810) Interest Rates U.S. (109,898) Interest Rates Non-U.S. (630,253) Livestock (4,910) Metals (149,920) Softs (101,478) Total unrealized depreciation on open futures contracts (1,950,628) Net unrealized appreciation on open futures contracts $ 729,070 * Assets Forward Contracts Currencies $ 1,744,966 Metals 822,726 Total unrealized appreciation on open forward contracts 2,567,692 Liabilities Forward Contracts Currencies (2,224,046) Metals (764,816) Total unrealized depreciation on open forward contracts (2,988,862) Net unrealized depreciation on open forward contracts $ (421,170) ** * This amount is in “Net unrealized appreciation on open futures contracts” in the Statements of Financial Condition. ** This amount is in “Net unrealized depreciation on open forward contracts” in the Statements of Financial Condition. The following table indicates the trading gains and losses, by market sector, on derivative instruments for the three and six months ended June 30, 2022 and 2021, respectively. Three Months Ended June 30, Six Months Ended June 30, Sector 2022 2021 2022 2021 Currencies $ 6,250,932 $ (1,314,583 ) $ 8,587,141 $ (154,070 ) Energy 1,690,968 4,392,408 12,126,948 6,070,227 Grains (569,483 ) 2,168,189 1,541,027 3,704,811 Indices (257,523 ) 2,870,933 37,617 6,366,243 Interest Rates U.S. 1,900,841 (1,708,045 ) 2,937,115 (3,645,272 ) Interest Rates Non-U.S. 3,597,313 (1,297,364 ) 4,823,544 (3,838,524 ) Livestock (8,809 ) (100,408 ) (70,297 ) (114,733 ) Metals (96,802 ) 757,688 1,811,821 851,467 Softs (189,085 ) 312,962 357,048 447,095 Total $ 12,318,352 *** $ 6,081,780 *** $ 32,151,964 *** $ 9,687,244 *** *** This amount is in “Total trading results” in the Statements of Income and Expenses.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	6. Fair Value Measurements: Partnership’s and the Trading Company’s Fair Value Measurements. The fair value of exchange-traded futures, forward and option contracts is determined by the various exchanges, and reflects the settlement price for each contract as of the close of business on the last business day of the reporting period. The fair value of foreign currency forward contracts is extrapolated on a forward basis from the spot prices quoted as of approximately 3:00 P.M. (E.T.) on the last business day of the reporting period from various exchanges. The fair value of non-exchange-traded The Partnership and the Trading Company consider prices for commodity futures, swap and option contracts to be based on unadjusted quoted prices in active markets for identical assets and liabilities (Level 1). The values of U.S. Treasury bills, non-exchange-traded June 30, 2022 Total Level 1 Level 2 Level 3 Assets Futures $ 2,366,423 $ 2,366,423 $ - $ - Forwards 5,425,535 - 5,425,535 - Total assets $ 7,791,958 $ 2,366,423 $ 5,425,535 $ - Liabilities Futures $ 3,801,463 $ 3,801,463 $ - $ - Forwards 3,888,517 - 3,888,517 - Total liabilities $ 7,689,980 $ 3,801,463 $ 3,888,517 $ - December 31, 2021 Total Level 1 Level 2 Level 3 Assets Futures $ 2,679,698 $ 2,679,698 $ - $ - Forwards 2,567,692 - 2,567,692 - Total assets $ 5,247,390 $ 2,679,698 $ 2,567,692 $ - Liabilities Futures $ 1,950,628 $ 1,950,628 $ - $ - Forwards 2,988,862 - 2,988,862 - Total liabilities $ 4,939,490 $ 1,950,628 $ 2,988,862 $ - The investment in the Trading Company measured using the net asset value per share practical expedient is not required to be included in the fair value hierarchy. Please refer to the Condensed Schedules of Investments as of June 30, 2022 and December 31, 2021, respectively.

Investment In The Trading Compa

Investment In The Trading Company	6 Months Ended
	Jun. 30, 2022
Investment Company [Abstract]
Investment In The Trading Company	7. Investment in the Trading Company: On January 1, 2021, the assets allocated to WCM for trading were invested in CMF Winton, a limited partnership organized under the partnership laws of the State of New York. CMF Winton permits accounts managed by WCM using the Winton Futures Program, a proprietary, systematic trading system, to invest together in one trading vehicle. The General Partner is also the general partner of CMF Winton. Individual and pooled accounts currently managed by WCM, including the Partnership, are permitted to be limited partners of CMF Winton. The General Partner and WCM believe that trading through this structure promotes efficiency and economy in the trading process. The General Partner and WCM have agreed that WCM will trade the Partnership’s assets allocated to WCM at a level that is up to 1.5 times the amount of assets allocated, provided that the General Partner may instruct WCM to change such level in accordance with the investment management agreement from time to time. The General Partner is not aware of any material changes to the trading program discussed above during the fiscal quarter ended June 30, 2022. The Partnership’s/Trading Company’s trading of futures, forward, swap, and option contracts, if applicable, on commodities is done primarily on U.S. and foreign commodity exchanges. The Partnership/Trading Company engage in such trading through commodity brokerage accounts maintained with MS&Co. Generally, a limited partner in the Trading Company may withdraw all or part of its capital contribution and undistributed profits, if any, from the Trading Company as of the end of any month (the “Redemption Date”) after a request has been made to the Trading Manager at least three days in advance of the Redemption Date. Such withdrawals are classified as a liability when the limited partner elects to redeem and informs the Trading Company. However, a limited partner may request a withdrawal as of the end of any day if such request is received by the Trading Manager at least three days in advance of the proposed withdrawal date. Management fees, General Partner fees, ongoing selling fees and incentive fees are charged at the Partnership level. All clearing fees paid to MS&Co. are borne directly by the Partnership for its direct trading. In addition, clearing fees are borne by the Trading Company and allocated to the Trading Company’s limited partners, including the Partnership. Professional fees are borne by the Trading Company and allocated to the Partnership, and also charged directly at the Partnership level. As of June 30, 2022 and December 31, 2021, the Partnership owned 100% of CMF Winton. It is the Partnership’s intention to continue to invest in the Trading Company. The performance of the Partnership is directly affected by the performance of the Trading Company. Expenses to investors as a result of investment in the Trading Company are approximately the same as they would be if the Partnership traded directly and redemption rights are not affected. Summarized information reflecting the total assets, liabilities and partners’ capital of the Trading Company is shown in the following tables: June 30, 2022 Total Assets Total Liabilities Total Capital CMF Winton $ 52,262,514 $ 449,513 $ 51,813,001 December 31, 2021 Total Assets Total Liabilities Total Capital CMF Winton $ 41,512,628 $ 194,879 $ 41,317,749 Summarized information reflecting the net investment income (loss), total trading results and net income (loss) of the Trading Company is shown in the following tables: For the three months ended June 30, 2022 Net Investment Income (Loss) Total Trading Results Net Income (Loss) CMF Winton $ 13,429 $ 3,841,891 $ 3,855,320 For the six months ended June 30, 2022 Net Investment Income (Loss) Total Trading Results Net Income (Loss) CMF Winton $ (42,275 ) $ 12,873,897 $ 12,831,622 For the three months ended June 30, 2021 Net Investment Income (Loss) Total Trading Results Net Income (Loss) CMF Winton $ (41,858 ) $ 2,380,502 $ 2,338,644 For the six months ended June 30, 2021 Net Investment Income (Loss) Total Trading Results Net Income (Loss) CMF Winton $ (88,979 ) $ 5,104,025 $ 5,015,046 Summarized information reflecting the Partnership’s investment in and the Partnership’s pro-rata June 30, 2022 For the three months ended June 30, 2022 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted CMF Winton 30.84 % $ 51,843,392 $ 3,897,530 $ 25,209 $ 17,001 $ 3,855,320 Commodity Portfolio Monthly June 30, 2022 For the six months ended June 30, 2022 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted CMF Winton 30.84 % $ 51,843,392 $ 12,936,404 $ 70,781 $ 34,001 $ 12,831,622 Commodity Portfolio Monthly December 31, 2021 For the three months ended June 30, 2021 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted CMF Winton (a) 30.18 % $ 41,318,675 $ 2,382,097 $ 36,343 $ 7,110 $ 2,338,644 Commodity Portfolio Monthly December 31, 2021 For the six months ended June 30, 2021 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted CMF Winton (a) 30.18 % $ 41,318,675 $ 5,109,706 $ 74,263 $ 20,397 $ 5,015,046 Commodity Portfolio Monthly (a) On January 1, 2021, the Partnership invested into CMF Winton.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	8. Subsequent Events: The General Partner evaluates events that occur after the balance sheet date but before and up until financial statements are available to be issued. The General Partner has assessed the subsequent events through the date the financial statements were issued and has determined that there were no subsequent events requiring adjustment to or disclosure in the financial statements.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates
Profit Allocation	Profit Allocation.
Statement of Cash Flows	Statement of Cash Flows. permitted “Statement of Cash Flows.”
Partnership's Investment in the Trading Company	Partnership’s Investment in the Trading Company. The Partnership carries its investment in the Trading Company based on the Partnership’s (1) net contribution to the Trading Company and (2) its allocated share of the undistributed profits and losses, including realized gains or losses and net change in unrealized gains or losses, of the Trading Company.
Partnership's Investments	Partnership’s Investments. first-in, first-out
Partnership's Cash	Partnership’s Cash
Income Taxes	Income Taxes. “Income Taxes,” “more-likely-than-not” more-likely-than-not
Investment Company Status	Investment Company Status. Financial Services—Investment Companies (Topic 946): Amendments to the Scope, Measurement and Disclosure Requirements
Net Income (Loss) per Unit	Net Income (Loss) per Unit. “Financial Services – Investment Companies.” There have been no material changes with respect to the Partnership’s critical accounting policies as reported in the Partnership’s Annual Report on Form 10-K

Financial Highlights (Tables)

Financial Highlights (Tables)	6 Months Ended
	Jun. 30, 2022
Investment Company [Abstract]
Financial Highlights for Limited Partner Class	Financial highlights for the limited partner class as a whole for the three and six months ended June 30, 2022 and 2021 were as follows: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Class A Class Z Class A Class Z Class A Class Z Class A Class Z Per Unit Performance (for a unit outstanding throughout the period):* Net realized and unrealized gains (losses) $ 2.73 $ 1.17 $ 1.25 $ 0.53 $ 7.48 $ 3.19 $ 2.17 $ 0.93 Net investment loss (0.36) (0.13) (0.26) (0.09) (0.83) (0.31) (0.52) (0.19) Increase (decrease) for the period 2.37 1.04 0.99 0.44 6.65 2.88 1.65 0.74 Net asset value per Unit, beginning of period 26.50 11.30 21.73 9.20 22.22 9.46 21.07 8.90 Net asset value per Unit, end of period $ 28.87 $ 12.34 $ 22.72 $ 9.64 $ 28.87 $ 12.34 $ 22.72 $ 9.64 Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Class A Class Z Class A Class Z Class A Class Z Class A Class Z Ratios to Average Limited Partners’ Capital: ** Net investment loss *** (3.3) % (2.5) % (3.9) % (3.1) % (4.6) % (3.9) % (4.6) % (3.4) % Operating expenses 3.2 % 2.4 % 3.6 % 2.8 % 3.2 % 2.5 % 3.9 % 2.8 % Incentive fees 0.6 % 0.6 % 0.3 % 0.3 % 1.7 % 1.7 % 0.7 % 0.6 % Total expenses 3.8 % 3.0 % 3.9 % 3.1 % 4.9 % 4.2 % 4.6 % 3.4 % Total return: Total return before incentive fees 9.6 % 9.8 % 4.8 % 5.0 % 32.0 % 32.5 % 8.5 % 9.0 % Incentive fees (0.7) % (0.6) % (0.2) % (0.2) % (2.1) % (2.1) % (0.7) % (0.7) % Total return after incentive fees 8.9 % 9.2 % 4.6 % 4.8 % 29.9 % 30.4 % 7.8 % 8.3 % * Net investment loss per Unit is calculated by dividing the interest income less total expenses by the average number of Units outstanding during the period. The net realized and unrealized gains (losses) per Unit is a balancing amount necessary to reconcile the change in net asset value per Unit with the other per unit information. ** Annualized (except for incentive fees). *** Interest income less total expenses.

Trading Activities (Tables)

Trading Activities (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Gross and Net Amounts Recognized Relating to Assets and Liabilities of Partnership's Derivative Instruments and Transactions Eligible for Offset Subject to Master Netting Agreements or Similar Agreements	The following tables summarize the gross and net amounts recognized relating to the assets and liabilities of the Partnership’s derivative instruments and transactions eligible for offset subject to master netting agreements or similar arrangements as of June 30, 2022 and December 31, 2021, respectively. Gross Amounts Amounts Gross Amounts Not Offset in the Offset in the Presented in the Statements of Financial Condition Gross Statements of Statements of Cash Collateral Amounts Financial Financial Financial Received/ June 30, 2022 Recognized Condition Condition Instruments Pledged* Net Amount Assets Futures $ 2,366,423 $ (2,366,423) $ - $ - $ - $ - Forwards 5,425,535 (3,888,517) 1,537,018 - - 1,537,018 Total assets $ 7,791,958 $ (6,254,940) $ 1,537,018 $ - $ - $ 1,537,018 Liabilities Futures $ (3,801,463) $ 2,366,423 $ (1,435,040) $ - $ 1,435,040 $ - Forwards (3,888,517) 3,888,517 - - - - Total liabilities $ (7,689,980) $ 6,254,940 $ (1,435,040) $ - $ 1,435,040 $ - Net fair value $ 1,537,018 * Gross Amounts Amounts Gross Amounts Not Offset in the Offset in the Presented in the Statements of Financial Condition Gross Statements of Statements of Cash Collateral Amounts Financial Financial Financial Received/ December 31, 2021 Recognized Condition Condition Instruments Pledged* Net Amount Assets Futures $ 2,679,698 $ (1,950,628) $ 729,070 $ - $ - $ 729,070 Forwards 2,567,692 (2,567,692) - - - - Total assets $ 5,247,390 $ (4,518,320) $ 729,070 $ - $ - $ 729,070 Liabilities Futures $ (1,950,628) $ 1,950,628 $ - $ - $ - $ - Forwards (2,988,862) 2,567,692 (421,170) - 421,170 - Total liabilities $ (4,939,490) $ 4,518,320 $ (421,170) $ - $ 421,170 $ - Net fair value $ 729,070 *
Summary of Gross Fair Values of Derivative Instruments of Futures and Forward Contracts as Separate Assets and Liabilities	The following tables indicate the gross fair values of derivative instruments of futures and forward contracts as separate assets and liabilities as of June 30, 2022 and December 31, 2021, respectively. June 30, 2022 Assets Futures Contracts Currencies $ 125,787 Energy 35,990 Grains 340,211 Indices 703,194 Interest Rates U.S. 251,617 Interest Rates Non-U.S. 521,994 Livestock 6,420 Metals 194,175 Softs 187,035 Total unrealized appreciation on open futures contracts 2,366,423 Liabilities Futures Contracts Currencies (44,687) Energy (1,691,475) Grains (748,178) Indices (225,324) Interest Rates U.S. (275,015) Interest Rates Non-U.S. (466,670) Livestock (13,265) Metals (111,140) Softs (225,709) Total unrealized depreciation on open futures contracts (3,801,463) Net unrealized depreciation on open futures contracts $ (1,435,040) * Assets Forward Contracts Currencies $ 4,221,351 Metals 1,204,184 Total unrealized appreciation on open forward contracts 5,425,535 Liabilities Forward Contracts Currencies (2,721,980) Metals (1,166,537) Total unrealized depreciation on open forward contracts (3,888,517) Net unrealized appreciation on open forward contracts $ 1,537,018 ** December 31, 2021 Assets Futures Contracts Currencies $ 27,947 Energy 667,615 Grains 277,755 Indices 654,155 Interest Rates U.S. 125,562 Interest Rates Non-U.S. 699,662 Livestock 16,490 Metals 58,181 Softs 152,331 Total unrealized appreciation on open futures contracts 2,679,698 Liabilities Futures Contracts Currencies (193,626) Energy (116,177) Grains (157,556) Indices (486,810) Interest Rates U.S. (109,898) Interest Rates Non-U.S. (630,253) Livestock (4,910) Metals (149,920) Softs (101,478) Total unrealized depreciation on open futures contracts (1,950,628) Net unrealized appreciation on open futures contracts $ 729,070 * Assets Forward Contracts Currencies $ 1,744,966 Metals 822,726 Total unrealized appreciation on open forward contracts 2,567,692 Liabilities Forward Contracts Currencies (2,224,046) Metals (764,816) Total unrealized depreciation on open forward contracts (2,988,862) Net unrealized depreciation on open forward contracts $ (421,170) **
Trading Gains and Losses, by Market Sector, on Derivative Instruments	The following table indicates the trading gains and losses, by market sector, on derivative instruments for the three and six months ended June 30, 2022 and 2021, respectively. Three Months Ended June 30, Six Months Ended June 30, Sector 2022 2021 2022 2021 Currencies $ 6,250,932 $ (1,314,583 ) $ 8,587,141 $ (154,070 ) Energy 1,690,968 4,392,408 12,126,948 6,070,227 Grains (569,483 ) 2,168,189 1,541,027 3,704,811 Indices (257,523 ) 2,870,933 37,617 6,366,243 Interest Rates U.S. 1,900,841 (1,708,045 ) 2,937,115 (3,645,272 ) Interest Rates Non-U.S. 3,597,313 (1,297,364 ) 4,823,544 (3,838,524 ) Livestock (8,809 ) (100,408 ) (70,297 ) (114,733 ) Metals (96,802 ) 757,688 1,811,821 851,467 Softs (189,085 ) 312,962 357,048 447,095 Total $ 12,318,352 *** $ 6,081,780 *** $ 32,151,964 *** $ 9,687,244 ***

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis	As of June 30, 2022 and December 31, 2021 and for the periods ended June 30, 2022 and 2021, the Partnership and the Trading Company did not hold any derivative instruments that were priced at fair value using unobservable inputs through the application of the General Partner’s assumptions and internal valuation pricing models (Level 3). June 30, 2022 Total Level 1 Level 2 Level 3 Assets Futures $ 2,366,423 $ 2,366,423 $ - $ - Forwards 5,425,535 - 5,425,535 - Total assets $ 7,791,958 $ 2,366,423 $ 5,425,535 $ - Liabilities Futures $ 3,801,463 $ 3,801,463 $ - $ - Forwards 3,888,517 - 3,888,517 - Total liabilities $ 7,689,980 $ 3,801,463 $ 3,888,517 $ - December 31, 2021 Total Level 1 Level 2 Level 3 Assets Futures $ 2,679,698 $ 2,679,698 $ - $ - Forwards 2,567,692 - 2,567,692 - Total assets $ 5,247,390 $ 2,679,698 $ 2,567,692 $ - Liabilities Futures $ 1,950,628 $ 1,950,628 $ - $ - Forwards 2,988,862 - 2,988,862 - Total liabilities $ 4,939,490 $ 1,950,628 $ 2,988,862 $ -

Investment In The Trading Com_2

Investment In The Trading Company (Table)	6 Months Ended
	Jun. 30, 2022
Investment Company [Abstract]
Summary of Total assets, liabilities and partners' capital of the Trading Company	Summarized information reflecting the total assets, liabilities and partners’ capital of the Trading Company is shown in the following tables: June 30, 2022 Total Assets Total Liabilities Total Capital CMF Winton $ 52,262,514 $ 449,513 $ 51,813,001 December 31, 2021 Total Assets Total Liabilities Total Capital CMF Winton $ 41,512,628 $ 194,879 $ 41,317,749
Summary of Net investment income (loss), total trading results and net income (loss) of the Trading Company	Summarized information reflecting the net investment income (loss), total trading results and net income (loss) of the Trading Company is shown in the following tables: For the three months ended June 30, 2022 Net Investment Income (Loss) Total Trading Results Net Income (Loss) CMF Winton $ 13,429 $ 3,841,891 $ 3,855,320 For the six months ended June 30, 2022 Net Investment Income (Loss) Total Trading Results Net Income (Loss) CMF Winton $ (42,275 ) $ 12,873,897 $ 12,831,622 For the three months ended June 30, 2021 Net Investment Income (Loss) Total Trading Results Net Income (Loss) CMF Winton $ (41,858 ) $ 2,380,502 $ 2,338,644 For the six months ended June 30, 2021 Net Investment Income (Loss) Total Trading Results Net Income (Loss) CMF Winton $ (88,979 ) $ 5,104,025 $ 5,015,046
Summary of Partnership's investment in and the Partnership's pro-rata share of the results of operations of the Trading Company	Summarized information reflecting the Partnership’s investment in and the Partnership’s pro-rata June 30, 2022 For the three months ended June 30, 2022 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted CMF Winton 30.84 % $ 51,843,392 $ 3,897,530 $ 25,209 $ 17,001 $ 3,855,320 Commodity Portfolio Monthly June 30, 2022 For the six months ended June 30, 2022 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted CMF Winton 30.84 % $ 51,843,392 $ 12,936,404 $ 70,781 $ 34,001 $ 12,831,622 Commodity Portfolio Monthly December 31, 2021 For the three months ended June 30, 2021 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted CMF Winton (a) 30.18 % $ 41,318,675 $ 2,382,097 $ 36,343 $ 7,110 $ 2,338,644 Commodity Portfolio Monthly December 31, 2021 For the six months ended June 30, 2021 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted CMF Winton (a) 30.18 % $ 41,318,675 $ 5,109,706 $ 74,263 $ 20,397 $ 5,015,046 Commodity Portfolio Monthly (a) On January 1, 2021, the Partnership invested into CMF Winton.

Organization - Additional Infor

Organization - Additional Information (Detail) - Class			3 Months Ended	6 Months Ended
	Jan. 01, 2021	Feb. 01, 2019	Mar. 31, 2022	Jun. 30, 2022
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Number of share classes				2
Percentage of General Partner fee	0.75%
Wealth Capital Management LP [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incentive fee, monthly trading profits basis				20%
Management fee, annual basis	1.50%
Management fee, monthly basis	1.50%
Morgan Stanley Wealth Management [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Annual placement agent fees				0.75%
Monthly Placement Agent Fees				0.75%
EMC Capital Advisors LLC [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incentive fee, monthly trading profits basis			20%
Management fee, annual basis	0.875%
Management fee, monthly basis	0.875%
Graham LP [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incentive fee, monthly trading profits basis		18%
Management fee, annual basis	1.25%
Management fee, monthly basis	1.25%
Campbell And Company LP [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Incentive fee, monthly trading profits basis	20%
Management fee, annual basis	1.25%
Management fee, monthly basis	1.25%

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Accounting Policies [Line Items]
Cash held for margin requirements	$ 13,749,159	$ 19,943,752
Cash denominated in foreign currencies	68,767	410,895
Cash denominated in foreign currencies, proceeds	72,220	$ 410,700
Uncertain tax position	$ 0

Financial Highlights - Financia

Financial Highlights - Financial Highlights for Limited Partner Class (Detail) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Class A [Member]
Per Unit Performance (for a unit outstanding throughout the period):
Net asset value per Unit, beginning of period			$ 22.22
Net asset value per Unit, end of period	$ 28.87		28.87
Class Z [Member]
Per Unit Performance (for a unit outstanding throughout the period):
Net asset value per Unit, beginning of period			9.46
Net asset value per Unit, end of period	12.34		12.34
Limited Partner [Member] | Class A [Member]
Per Unit Performance (for a unit outstanding throughout the period):
Net realized and unrealized gains (losses)	2.73	$ 1.25	7.48	$ 2.17
Net investment loss	(0.36)	(0.26)	(0.83)	(0.52)
Increase (decrease) for the period	2.37	0.99	6.65	1.65
Net asset value per Unit, beginning of period	26.5	21.73	22.22	21.07
Net asset value per Unit, end of period	$ 28.87	$ 22.72	$ 28.87	$ 22.72
Ratios to Average Limited Partners' Capital:
Net investment loss	(3.30%)	(3.90%)	(4.60%)	(4.60%)
Operating expenses	3.20%	3.60%	3.20%	3.90%
Incentive fees	0.60%	0.30%	1.70%	0.70%
Total expenses	3.80%	3.90%	4.90%	4.60%
Total return:
Total return before incentive fees	9.60%	4.80%	32%	8.50%
Incentive fees	(0.70%)	(0.20%)	(2.10%)	(0.70%)
Total return after incentive fees	8.90%	4.60%	29.90%	7.80%
Limited Partner [Member] | Class Z [Member]
Per Unit Performance (for a unit outstanding throughout the period):
Net realized and unrealized gains (losses)	$ 1.17	$ 0.53	$ 3.19	$ 0.93
Net investment loss	(0.13)	(0.09)	(0.31)	(0.19)
Increase (decrease) for the period	1.04	0.44	2.88	0.74
Net asset value per Unit, beginning of period	11.3	9.2	9.46	8.9
Net asset value per Unit, end of period	$ 12.34	$ 9.64	$ 12.34	$ 9.64
Ratios to Average Limited Partners' Capital:
Net investment loss	(2.50%)	(3.10%)	(3.90%)	(3.40%)
Operating expenses	2.40%	2.80%	2.50%	2.80%
Incentive fees	0.60%	0.30%	1.70%	0.60%
Total expenses	3%	3.10%	4.20%	3.40%
Total return:
Total return before incentive fees	9.80%	5%	32.50%	9%
Incentive fees	(0.60%)	(0.20%)	(2.10%)	(0.70%)
Total return after incentive fees	9.20%	4.80%	30.40%	8.30%

Financial Instrument Risks - Ad

Financial Instrument Risks - Additional Information (Detail) - Credit Concentration Risk [Member] - Contracts [Member] - Over the Counter [Member]	6 Months Ended
	Jun. 30, 2022
Minimum [Member]
Concentration Risk [Line Items]
Percentage of investment contracts	8.10%
Maximum [Member]
Concentration Risk [Line Items]
Percentage of investment contracts	44.80%

Trading Activities - Additional

Trading Activities - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Average number of futures contracts traded	2,937	6,507	3,085	7,255
Average number of metals forward contracts traded	346	715	450	602
Average notional value of currency forward contracts	$ 635,110,854	$ 786,260,462	$ 649,241,059	$ 687,921,283

Trading Activities - Summary of

Trading Activities - Summary of Gross and Net Amounts Recognized Relating to Assets and Liabilities of Partnership's Derivative Instruments and Transactions Eligible for Offset Subject to Master Netting Agreements or Similar Agreements (Detail) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Derivative [Line Items]
Gross Amounts Recognized	$ 7,791,958	$ 5,247,390
Gross Amounts Offset in the Statements of Financial Condition	(6,254,940)	(4,518,320)
Net Amounts Presented in the Statements of Financial Condition	1,537,018	729,070
Gross Amounts Not Offset in the Statements of Financial Condition, Assets, Financial Instruments	0
Gross Amounts Not Offset in the Statements of Financial Condition, Assets, Cash Collateral (Received)/Pledged	0
Net Amount, Assets	1,537,018	729,070
Gross Amounts Recognized	(7,689,980)	(4,939,490)
Gross Amounts Offset in the Statements of Financial Condition	6,254,940	4,518,320
Net Amounts Presented in the Statements of Financial Condition	(1,435,040)	(421,170)
Gross Amounts Not Offset in the Statements of Financial Condition, Liabilities, Financial Instruments	0
Gross Amounts Not Offset in the Statements of Financial Condition, Liabilities, Cash Collateral (Received)/Pledged	1,435,040	421,170
Net Amount, Liabilities	0
Net fair value	1,537,018	729,070
Futures Contracts [Member]
Derivative [Line Items]
Gross Amounts Recognized	2,366,423	2,679,698
Gross Amounts Offset in the Statements of Financial Condition	(2,366,423)	(1,950,628)
Net Amounts Presented in the Statements of Financial Condition	0	729,070
Gross Amounts Not Offset in the Statements of Financial Condition, Assets, Financial Instruments	0
Gross Amounts Not Offset in the Statements of Financial Condition, Assets, Cash Collateral (Received)/Pledged	0
Net Amount, Assets	0	729,070
Gross Amounts Recognized	(3,801,463)	(1,950,628)
Gross Amounts Offset in the Statements of Financial Condition	2,366,423	1,950,628
Net Amounts Presented in the Statements of Financial Condition	(1,435,040)
Gross Amounts Not Offset in the Statements of Financial Condition, Liabilities, Financial Instruments	0
Gross Amounts Not Offset in the Statements of Financial Condition, Liabilities, Cash Collateral (Received)/Pledged	1,435,040
Net Amount, Liabilities	0
Forward Contracts [Member]
Derivative [Line Items]
Gross Amounts Recognized	5,425,535	2,567,692
Gross Amounts Offset in the Statements of Financial Condition	(3,888,517)	(2,567,692)
Net Amounts Presented in the Statements of Financial Condition	1,537,018
Gross Amounts Not Offset in the Statements of Financial Condition, Assets, Financial Instruments	0
Gross Amounts Not Offset in the Statements of Financial Condition, Assets, Cash Collateral (Received)/Pledged	0
Net Amount, Assets	1,537,018
Gross Amounts Recognized	(3,888,517)	(2,988,862)
Gross Amounts Offset in the Statements of Financial Condition	3,888,517	2,567,692
Net Amounts Presented in the Statements of Financial Condition	0	(421,170)
Gross Amounts Not Offset in the Statements of Financial Condition, Liabilities, Financial Instruments	0
Gross Amounts Not Offset in the Statements of Financial Condition, Liabilities, Cash Collateral (Received)/Pledged	0	$ 421,170
Net Amount, Liabilities	$ 0

Trading Activities - Summary _2

Trading Activities - Summary of Gross Fair Values of Derivative Instruments of Futures and Forward Contracts as Separate Assets and Liabilities (Detail) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Futures Contracts [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	$ 2,366,423	$ 2,679,698
Total unrealized depreciation on open contracts	(3,801,463)	(1,950,628)
Net unrealized depreciation on open futures contracts	(1,435,040)	729,070
Futures Contracts [Member] | Currencies [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	125,787	27,947
Total unrealized depreciation on open contracts	(44,687)	(193,626)
Futures Contracts [Member] | Energy [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	35,990	667,615
Total unrealized depreciation on open contracts	(1,691,475)	(116,177)
Futures Contracts [Member] | Grains [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	340,211	277,755
Total unrealized depreciation on open contracts	(748,178)	(157,556)
Futures Contracts [Member] | Indices [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	703,194	654,155
Total unrealized depreciation on open contracts	(225,324)	(486,810)
Futures Contracts [Member] | Interest Rate US [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	251,617	125,562
Total unrealized depreciation on open contracts	(275,015)	(109,898)
Futures Contracts [Member] | Interest Rate Non US [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	521,994	699,662
Total unrealized depreciation on open contracts	(466,670)	(630,253)
Futures Contracts [Member] | Livestock [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	6,420	16,490
Total unrealized depreciation on open contracts	(13,265)	(4,910)
Futures Contracts [Member] | Metals [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	194,175	58,181
Total unrealized depreciation on open contracts	(111,140)	(149,920)
Futures Contracts [Member] | Softs [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	187,035	152,331
Total unrealized depreciation on open contracts	(225,709)	(101,478)
Forward Contracts [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	5,425,535	2,567,692
Total unrealized depreciation on open contracts	(3,888,517)	(2,988,862)
Net unrealized depreciation on open futures contracts	1,537,018	(421,170)
Forward Contracts [Member] | Currencies [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	4,221,351	1,744,966
Total unrealized depreciation on open contracts	(2,721,980)	(2,224,046)
Forward Contracts [Member] | Metals [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	1,204,184	822,726
Total unrealized depreciation on open contracts	$ (1,166,537)	$ (764,816)

Trading Activities - Trading Ga

Trading Activities - Trading Gains and Losses, by Market Sector, on Derivative Instruments (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative [Line Items]
Gain (loss) from trading	$ 12,318,352	$ 6,081,780	$ 32,151,964	$ 9,687,244
Currencies [Member]
Derivative [Line Items]
Gain (loss) from trading	6,250,932	(1,314,583)	8,587,141	(154,070)
Energy [Member]
Derivative [Line Items]
Gain (loss) from trading	1,690,968	4,392,408	12,126,948	6,070,227
Grains [Member]
Derivative [Line Items]
Gain (loss) from trading	(569,483)	2,168,189	1,541,027	3,704,811
Indices [Member]
Derivative [Line Items]
Gain (loss) from trading	(257,523)	2,870,933	37,617	6,366,243
Interest Rate US [Member]
Derivative [Line Items]
Gain (loss) from trading	1,900,841	(1,708,045)	2,937,115	(3,645,272)
Interest Rate Non US [Member]
Derivative [Line Items]
Gain (loss) from trading	3,597,313	(1,297,364)	4,823,544	(3,838,524)
Livestock [Member]
Derivative [Line Items]
Gain (loss) from trading	(8,809)	(100,408)	(70,297)	(114,733)
Metals [Member]
Derivative [Line Items]
Gain (loss) from trading	(96,802)	757,688	1,811,821	851,467
Softs [Member]
Derivative [Line Items]
Gain (loss) from trading	$ (189,085)	$ 312,962	$ 357,048	$ 447,095

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair Value Measured on a Recurring Basis [Member] - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 7,791,958	$ 5,247,390
Liabilities	7,689,980	4,939,490
Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	5,425,535	2,567,692
Liabilities	3,888,517	2,988,862
Futures Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,366,423	2,679,698
Liabilities	3,801,463	1,950,628
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,366,423	2,679,698
Liabilities	3,801,463	1,950,628
Level 1 [Member] | Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0
Liabilities	0	0
Level 1 [Member] | Futures Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,366,423	2,679,698
Liabilities	3,801,463	1,950,628
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	5,425,535	2,567,692
Liabilities	3,888,517	2,988,862
Level 2 [Member] | Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	5,425,535	2,567,692
Liabilities	3,888,517	2,988,862
Level 2 [Member] | Futures Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0
Liabilities	0	0
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0
Liabilities	0	0
Level 3 [Member] | Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0
Liabilities	0	0
Level 3 [Member] | Futures Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0
Liabilities	$ 0	$ 0

Investment in the Trading Com_3

Investment in the Trading Company - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022
Limited Partner [Member]
Investment In The Trading Company
Notice period for withdrawal of capital contribution	3 days
CMF Winton Master LP [Member]
Investment In The Trading Company
Partnership assets trading multiple	1.5

Investment In The Trading Com_4

Investment In The Trading Company - Summary of Total Assets, Liabilities And Partners' Capital Of The Trading Company (Detail) - USD ($)	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Investment In The Trading Company [Line Items]
Total Assets	$ 171,976,799		$ 140,057,784
Total Liabilities	3,867,779		3,147,122
Total Capital	168,109,020	$ 157,727,947	136,910,662	$ 149,998,869	$ 147,220,118	$ 61,449,558
CMF Winton Master LP [Member]
Investment In The Trading Company [Line Items]
Total Assets	52,262,514		41,512,628
Total Liabilities	449,513		194,879
Total Capital	$ 51,813,001		$ 41,317,749

Investment In The Trading Com_5

Investment In The Trading Company - Summary of Net Investment Income (Loss), Total Trading Results And Net Income (Loss) Of The Trading Company (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Investment In The Trading Company [Line Items]
Total Trading Results	$ 7,728,362	$ 2,466,556	$ 12,473,444	$ 7,273,692
Net income (loss)	14,047,154	6,731,394	40,080,006	11,221,480
CMF Winton Master LP [Member]
Investment In The Trading Company [Line Items]
Net Investment Income (Loss)	13,429	(41,858)	(42,275)	(88,979)
Total Trading Results	3,841,891	2,380,502	12,873,897	5,104,025
Net income (loss)	$ 3,855,320	$ 2,338,644	$ 12,831,622	$ 5,015,046

Investment In The Trading Com_6

Investment In The Trading Company - Partnership's Investment In And The Partnership's Pro-Rata Share Of The Results Of Operations Of The Trading Company (Detail) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Investment In The Trading Company [Line Items]
Fair Value	$ 51,843,392		$ 51,843,392		$ 41,318,675
Professional Fees	98,008	$ 142,694	221,345	$ 279,108
Net income (loss)	14,047,154	6,731,394	40,080,006	11,221,480
CMF Winton Master LP [Member]
Investment In The Trading Company [Line Items]
Fair Value	51,843,392		51,843,392		$ 41,318,675
Operating Income (Loss)	3,897,530	2,382,097	12,936,404	5,109,706
Clearing Fees	25,209	36,343	70,781	74,263
Professional Fees	17,001	7,110	34,001	20,397
Net income (loss)	$ 3,855,320	$ 2,338,644	$ 12,831,622	$ 5,015,046
CMF Winton Master LP [Member] | Investment In The Trading Company [Member]
Investment In The Trading Company [Line Items]
% of Partners' Capital			30.84%		30.18%