Disclosure of derivative instruments and hedging activities | 4. Disclosure of derivative instruments and hedging activities The Fund follows ASC 815, Disclosures about Derivative Instruments and Hedging Activities Derivative instruments held by the Fund do not qualify as derivative instruments held as hedging instruments, as defined in ASC 815. Instead, the Fund includes derivative instruments in its trading activity. Per the requirements of ASC 815, the Fund discloses the gains and losses on its trading activities for both derivative and non derivative instruments in the Statements of Operations. The Fund engages in the speculative trading of futures contracts in a wide range of commodities, including equity markets, interest rates, food and fiber, energy, livestock, and metals. ASC 815 requires entities to recognize all derivatives instruments as either assets or liabilities at fair value in the statement of financial position. Investments in commodity futures contracts are recorded in the statements of assets and liabilities as unrealized appreciation or depreciation on futures contracts purchased and futures contracts sold. Since the derivatives held or sold by the Fund are for speculative trading purposes, the derivative instruments are not designated as hedging instruments under the provisions of ASC 815. Accordingly, all realized gains and losses, as well as any change in net unrealized gains or losses on open positions from the preceding period, are recognized as part of the Fund’s realized and change in unrealized gain (loss) on investments in the Statements of Operations. Information concerning the fair value of the Fund’s derivatives held long or sold short, as well as information related to the annual average volume of the Fund’s derivative activity, is as follows: Superfund Green, L.P. The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of June 30, 2018, is as follows: Type of Instrument Statement of Assets and Liabilities Location Asset Derivatives Liability Derivatives Net Futures contracts Futures contracts purchased $ 184,994 $ (136,043 ) $ 48,951 Futures contracts Futures contracts sold 125,793 (93,854 ) 31,939 Totals $ 310,787 $ (229,897 ) $ 80,890 The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2017, is as follows: Type of Instrument Statement of Assets and Liabilities Location Asset Derivatives Liability Derivatives Net Futures contracts Futures contracts purchased $ 304,814 $ (103,106 ) $ 201,708 Futures contracts Futures contracts sold 111,436 (99,629 ) 11,807 Totals $ 416,250 $ (202,735 ) $ 213,515 The Fund’s financial assets, derivative assets and cash collateral held by counterparties as of June 30, 2018 is as follows: Gross Amounts Not Offset in the Statement of Counterparty Net Amount of Assets in Financial Instruments Cash Collateral Net Amount ADMIS $ 73,339 $ — $ — $ 73,339 INTL FCStone 7,551 — — 7,551 Totals $ 80,890 $ — $ — $ 80,890 The Fund’s financial assets, derivative assets and cash collateral held by counterparties as of December 31, 2017 is as follows: Gross Amounts Not Offset in the Statement of Counterparty Net Amount of Assets in Financial Instruments Cash Collateral Net Amount ADMIS $ 98,331 $ — $ — $ 98,331 INTL FCStone 115,184 — — 115,184 Totals $ 213,515 $ — $ — $ 213,515 Effects of Derivative Instruments on the Statement of Operations for the three months ended June 30, 2018: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) in Income Net Change in Foreign exchange contracts Realized and change in unrealized gain (loss) on futures and forward contracts $ (28,115 ) $ — Futures contracts Realized and change in unrealized loss on futures and forward contracts (345,057 ) (45,915 ) Total $ (373,172 ) $ (45,915 ) Effects of Derivative Instruments on the Statement of Operations for the six months ended June 30, 2018: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) on Derivatives Recognized in Income Net Change in Foreign exchange contracts Realized and change in unrealized loss on futures and forward contracts $ (26,428 ) $ — Futures contracts Realized and change in unrealized gain (loss) on futures and forward contracts (245,227 ) (132,627 ) Total $ (271,655 ) $ (132,627 ) Effects of Derivative Instruments on the Statement of Operations for the three months ended June 30, 2017: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized gain (loss) on futures and forward contracts $ (40,183 ) $ 17,128 Futures contracts Realized and change in unrealized loss on futures and forward contracts 474,339 (337,332 ) Total $ 434,156 $ (320,204 ) Effects of Derivative Instruments on the Statement of Operations for the six months ended June 30, 2017: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized loss on futures and forward contracts $ (196 ) $ 3,306 Futures contracts Realized and change in unrealized gain (loss) on futures and forward contracts 815,893 (264,738 ) Total $ 815,697 $ (261,432 ) Superfund Green, L.P. gross and net unrealized gains and losses by long and short positions as of June 30, 2018 and December 31, 2017: As of June 30, 2018 Long Positions Gross Unrealized Short Positions Gross Unrealized Gains % of Net Assets Losses % of Net Assets Gains % of Net Assets Losses % of Net Assets Net Unrealized Gains (Losses) on Open Positions Currency $ 20,470 0.3 $ (1,531 ) 0.0 * $ 7,319 0.1 $ (8,640 ) (0.1 ) $ 17,618 Financial 86,037 1.2 (380 ) 0.0 * 8,648 0.1 (28,781 ) (0.4 ) 65,524 Food & Fiber 15,436 0.2 (31,751 ) (0.5 ) 12,698 0.2 (7,398 ) (0.1 ) (11,015 ) Indices 11,344 0.2 (66,541 ) (1.0 ) 12,344 0.2 (14,680 ) (0.2 ) (57,533 ) Metals — — (35,840 ) (0.5 ) 82,684 1.2 (387 ) 0.0 * 46,457 Livestock 3,538 0.1 — — — — (11,560 ) (0.2 ) (8,022 ) Energy 48,169 0.7 — — 2,100 0.0 * (22,408 ) (0.3 ) 27,861 Totals $ 184,994 2.7 $ (136,043 ) (2.0 ) $ 125,793 1.8 $ (93,854 ) (1.3 ) $ 80,890 * Due to rounding – amount is less than 0.05% As of December 31, 2017 Long Positions Gross Unrealized Short Positions Gross Unrealized Gains % of Net Assets Losses % of Net Assets Gains % of Net Assets Losses % of Net Assets Net Unrealized Gain (Loss) on Open Positions Currency $ 51,395 0.6 $ — — $ 18,884 0.2 $ (5,224 ) (0.1 ) $ 65,055 Financial 5,595 0.1 (62,302 ) (0.7 ) 29,936 0.3 (4,437 ) (0.1 ) (31,208 ) Food & Fiber 713 0.0 * (16,279 ) (0.2 ) 36,826 0.4 (37,642 ) (0.4 ) (16,382 ) Indices 102,526 1.2 (24,527 ) (0.3 ) 23,260 0.3 (5,075 ) (0.1 ) 96,184 Metals 77,460 0.9 — — 463 0.0 * (8,281 ) (0.1 ) 69,642 Livestock — — — — 340 0.0 * — — 340 Energy 67,127 0.8 — — 1,730 0.0 * (38,973 ) (0.4 ) 29,884 Totals $ 304,816 3.5 $ (103,108 ) (1.2 ) $ 111,439 1.3 $ (99,632 ) (1.2 ) $ 213,515 * Due to rounding – amount is less than 0.05% Superfund Green L.P. monthly contract volume: For the three months ended June 30, 2018, the monthly average futures and forward contracts bought were 1,419 and the monthly average futures and forward contracts sold were 973. For the six months ended June 30, 2018, the monthly average futures and forward contracts bought were 1,419 and the monthly average futures and forward contracts sold were 844. For the three months ended June 30, 2017, the monthly average futures contracts bought was 1,757 and the monthly average futures contracts sold was 324. For the six months ended June 30, 2017 the monthly average futures contracts bought was 1,696 and the monthly average futures and forward contracts sold were 533. Superfund Green, L.P. trading results by market sector: For the Three Months Ended June 30, 2018 Net Realized Gains (Losses) Change in Net Unrealized Gains (Losses) Net Trading Gains (Losses) Foreign Exchange $ (28,115 ) $ — $ (28,115 ) Currency (226,717 ) 62,181 (164,536 ) Energy (26,941 ) 28,017 1,076 Financial 159,348 (95,599 ) 63,749 Food & Fiber (125,846 ) (48,656 ) (174,502 ) Indices (48,045 ) (41,709 ) (89,754 ) Livestock 20,670 (32,962 ) (12,292 ) Metals (97,526 ) 82,813 (14,713 ) Total net trading gains $ (373,172 ) $ (45,915 ) $ (419,087 ) For the Six Months Ended June 30, 2018 Net Realized Gains (Losses) Change in Net Unrealized Gains (Losses) Net Trading Gains (Losses) Foreign Exchange $ (26,428 ) $ — $ (26,428 ) Currency (78,106 ) (47,438 ) (125,544 ) Energy 2,280 (2,021 ) 259 Financial 357,676 96,731 454,407 Food & Fiber (300,622 ) 5,366 (295,256 ) Indices (186,213 ) (153,717 ) (339,930 ) Livestock 18,730 (8,362 ) 10,368 Metals (58,972 ) (23,186 ) (82,158 ) Total net trading losses $ (271,655 ) $ (132,627 ) $ (404,282 ) For the Three Months Ended June 30, 2017 Net Realized Gains (Losses) Change in Net Unrealized Gains (Losses) Net Trading Gains (Losses) Foreign Exchange $ (40,183 ) $ 17,128 $ (23,055 ) Currency (79,773 ) 75,760 (4,013 ) Energy (183,631 ) (49,869 ) (233,500 ) Financial 37,159 (154,468 ) (117,309 ) Food & Fiber 101,616 (95,904 ) 5,712 Indices 697,066 (127,678 ) 569,388 Livestock 43,380 1,720 45,100 Metals (141,478 ) 13,107 (128,371 ) Total net trading gains $ 434,156 $ (320,204 ) $ 113,952 For the Six Months Ended June 30, 2017 Net Realized Gains (Losses) Change in Net Unrealized Gains (Losses) Net Trading Gains (Losses) Foreign Exchange $ (196 ) $ 3,306 $ 3,110 Currency (189,677 ) 61,266 (128,411 ) Financial 15,823 (173,551 ) (157,728 ) Food & Fiber (31,761 ) (20,917 ) (52,678 ) Indices 1,420,267 (112,495 ) 1,307,772 Metals (75,999 ) (10,869 ) (86,868 ) Livestock (15,180 ) 48,730 33,550 Energy (307,580 ) (56,902 ) (364,482 ) Total net trading losses $ 815,697 $ (261,432 ) $ 554,265 Superfund Green, L.P. - Series A The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of June 30, 2018, is as follows: Type of Instrument Statement of Assets and Liabilities Location Asset Derivatives at Liability Derivatives Net Futures contracts Futures contracts purchased $ 28,411 $ (19,163 ) $ 9,248 Futures contracts Futures contracts sold 30,641 (18,309 ) 12,332 Totals $ 59,052 $ (37,472 ) $ 21,580 The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2017, is as follows: Type of Instrument Statement of Assets and Liabilities Asset Derivatives at Liability Derivatives Net Futures contracts Futures contracts purchased $ 79,285 $ (25,178 ) $ 54,107 Futures contracts Futures contracts sold 28,065 (29,848 ) (1,783 ) Totals $ 107,350 $ (55,026 ) $ 52,324 The Fund’s financial assets, derivative assets and cash collateral held by counterparties as of June 30, 2018 is as follows: Gross Amounts Not Offset in the Statement of Counterparty Net Amount of Assets in Financial Instruments Cash Collateral Net Amount ADMIS $ 18,158 $ — $ — $ 18,158 INTL FCStone 3,422 — — 3,422 Totals $ 21,580 $ — $ — $ 21,580 The Fund’s financial assets, derivative assets and cash collateral held by counterparties as of December 31, 2017 is as follows: Gross Amounts Not Offset in the Statement of Counterparty Net Amount of Assets in Financial Instruments Cash Collateral Net Amount ADMIS $ 19,389 $ — $ — $ 19,389 INTL FCStone 32,935 — — 32,935 Totals $ 52,324 $ — $ — $ 52,324 Effects of Derivative Instruments on the Statement of Operations for the three months ended June 30, 2018: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) in Income Net Change in Foreign exchange contracts Realized and change in unrealized loss on futures and forward contracts $ (6,182 ) $ — Futures contracts Realized and change in unrealized gain on futures and forward contracts (92,255 ) (18,729 ) Total $ (98,437 ) $ (18,729 ) Effects of Derivative Instruments on the Statement of Operations for the six months ended June 30, 2018: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized gain (loss) on futures and forward contracts $ (6,753 ) $ Futures contracts Realized and change in unrealized loss on futures and forward contracts (38,910 ) (30,745 ) Total $ (45,663 ) $ (30,745 ) Effects of Derivative Instruments on the Statement of Operations for the three months ended June 30, 2017: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized loss on futures and forward contracts $ (7,805 ) $ 1,607 Futures contracts Realized and change in unrealized gain on futures and forward contracts 130,958 (101,635 ) Total $ 123,153 $ (100,028 ) Effects of Derivative Instruments on the Statement of Operations for the six months ended June 30, 2017: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized gain (loss) on futures and forward contracts $ 2,510 $ 3,019 Futures contracts Realized and change in unrealized loss on futures and forward contracts 250,244 (90,528 ) Total $ 252,754 $ (87,509 ) Superfund Green, L.P. – Series A gross and net unrealized gains and losses by long and short positions as of June 30, 2018 and December 31, 2017: As of June 30, 2018 Long Positions Gross Unrealized Short Positions Gross Unrealized Gains % of Net Assets Losses % of Net Assets Gains % of Net Assets Losses % of Net Assets Net Unrealized Gains (Losses) on Open Positions Currency $ 5,465 0.2 $ — — $ 2,150 0.1 $ (774 ) 0.0 * $ 6,841 Financial 15,852 0.7 — — 2,250 0.1 (6,457 ) (0.3 ) 11,645 Food & Fiber 3,978 0.2 (7,341 ) (0.3 ) 3,098 0.1 (1,510 ) (0.1 ) (1,775 ) Indices 1,166 0.0 * (11,487 ) (0.5 ) 5,233 0.2 (1,632 ) (0.1 ) (6,720 ) Metals — — (335 ) 0.0 * 17,210 0.7 — — 16,875 Energy 1,950 0.1 — — 700 0.0 * (5,796 ) (0.2 ) (3,146 ) Livestock — — — — — — (2,140 ) (0.1 ) (2,140 ) Totals $ 28,411 1.2 $ (19,163 ) (0.8 ) $ 30,641 1.2 $ (18,309 ) (0.8 ) $ 21,580 * Due to rounding – amount is less than 0.05% As of December 31, 2017 Long Positions Gross Unrealized Short Positions Gross Unrealized Gains % of Net Assets Losses % of Net Assets Gains % of Net Assets Losses % of Net Assets Net Unrealized Gains (Losses) on Open Positions Currency $ 14,668 0.4 $ — — $ 4,979 0.2 $ (1,113 ) (0.0 )* $ 18,534 Financial 1,865 0.1 (17,466 ) (0.5 ) 8,110 0.2 — — (7,491 ) Food & Fiber 237 0.0 * (4,330 ) (0.1 ) 8,673 0.3 (12,523 ) (0.4 ) (7,943 ) Indices 26,872 0.8 (3,382 ) (0.1 ) 6,303 0.2 (1,285 ) (0.0 )* 28,508 Metals 19,225 0.6 — — — — (2,365 ) (0.1 ) 16,860 Energy 16,418 0.5 — — — — (12,562 ) (0.4 ) 3,856 Totals $ 79,285 2.4 $ (25,178 ) (0.7 ) $ 28,065 0.9 $ (29,848 ) (0.9 ) $ 52,324 * Due to rounding – amount is less than 0.05% Series A monthly contract volume: For the three months ended June 30, 2018, the monthly average futures and forward contracts bought were 350 and the monthly average futures and forward contracts sold were 234. For the six months ended June 30, 2018, the monthly average futures and forward contracts bought were 356 and the monthly average futures and forward contracts sold were 216. For the three months ended June 30, 2017, the monthly average futures and forward contracts bought were 517 and the monthly average futures and forward contracts sold were 91. For the six months ended June 30, 2017, the monthly average futures and forward contracts bought were 505 and the monthly average futures and forward contracts sold were 165. Series A trading results by market sector: For the Three Months Ended June 30, 2018 Net Realized Gains (Losses) Change in Net Unrealized Gains (Losses) Net Trading Gains (Losses) Foreign Exchange $ (6,182 ) $ — $ (6,182 ) Currency (52,355 ) 15,256 (37,099 ) Energy (24,431 ) (678 ) (25,109 ) Financial 45,650 (25,789 ) 19,861 Food & Fiber (30,358 ) (14,131 ) (44,489 ) Indices (20,301 ) (10,878 ) (31,179 ) Livestock 6,280 (6,640 ) (360 ) Metals (16,740 ) 24,131 7,391 Total net trading gains (losses) $ (98,437 ) $ (18,729 ) $ (117,166 ) For the Six Months Ended June 30, 2018 Net Realized Gain (Losses) Change in Net Unrealized Gain (Losses) Net Trading Gains (Losses) Foreign Exchange $ (6,753 ) $ — $ (6,753 ) Currency (5,998 ) (11,694 ) (17,692 ) Energy (18,318 ) (7,000 ) (25,318 ) Financial 97,962 19,136 117,098 Food & Fiber (83,417 ) 6,167 (77,250 ) Indices (27,849 ) (35,228 ) (63,077 ) Livestock 6,640 (2,140 ) 4,500 Metals (7,930 ) 14 (7,916 ) Total net trading gains (losses) $ (45,663 ) $ (30,745 ) $ (76,408 ) For the Three Months Ended June 30, 2017 Net Realized Gains (Losses) Change in Net Unrealized Gains (Losses) Net Trading Gains (Losses) Foreign Exchange $ (7,805 ) $ 1,607 $ (6,198 ) Currency (23,574 ) 19,213 (4,361 ) Energy (32,183 ) (15,656 ) (47,839 ) Financial 5,223 (42,165 ) (36,942 ) Food & Fiber 28,295 (32,456 ) (4,161 ) Indices 175,206 (31,076 ) 144,130 Livestock 12,730 (390 ) 12,340 Metals (34,739 ) 895 (33,844 ) Total net trading gains (losses) $ 123,153 $ (100,028 ) $ 23,125 For the Six Months Ended June 30, 2017 Net Realized Gain (Losses) Change in Net Unrealized Gain (Losses) Net Trading Gains (Losses) Foreign Exchange $ 2,510 $ 3,019 $ 5,529 Currency (58,475 ) 17,495 (40,980 ) Financial 1,084 (54,174 ) (53,090 ) Food & Fiber (9,438 ) (11,604 ) (21,042 ) Indices 399,815 (40,500 ) 359,315 Metals (23,187 ) (5,331 ) (28,518 ) Livestock (7,570 ) 18,890 11,320 Energy (51,985 ) (15,304 ) (67,289 ) Total net trading gains (losses) $ 252,754 $ (87,509 ) $ 165,245 Superfund Green, L.P. – Series B The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of June 30, 2018, is as follows: Type of Instrument Statement of Assets and Liabilities Location Asset Derivatives at Liability Derivatives Net Futures contracts Futures contracts purchased $ 156,583 $ (116,880 ) $ 39,703 Futures contracts Futures contracts sold 95,152 (75,545 ) 19,607 Totals $ 251,735 $ (192,425 ) $ 59,310 The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2017, is as follows: Type of Instrument Statement of Assets and Liabilities Location Asset Derivatives at Liability Derivatives Net Futures contracts Futures contracts purchased $ 225,529 $ (77,928 ) $ 147,601 Futures contracts Futures contracts sold 83,371 (69,781 ) 13,590 Totals $ 308,900 $ (147,709 ) $ 161,191 The Fund’s financial assets, derivative assets and cash collateral held by counterparties as of June 30, 2018 is as follows: Gross Amounts Not Offset in the Statement of Counterparty Net Amount of Assets in Financial Instruments Cash Collateral Net Amount ADMIS $ 55,181 $ — $ — $ 55,181 INTL FCStone 4,129 — — 4,129 Totals $ 59,310 $ — $ — $ 59,310 The Fund’s financial assets, derivative assets and cash collateral held by counterparties as of December 31, 2017 is as follows: Gross Amounts Not Offset in the Statement of Counterparty Net Amount of Assets in Financial Instruments Cash Collateral Net Amount ADMIS $ 78,942 $ — $ — $ 78,942 INTL FCStone 82,249 — — 82,249 Totals $ 161,191 $ — $ — $ 161,191 Effects of Derivative Instruments on the Statement of Operations for the three months ended June 30, 2018: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized loss on futures and forward contracts $ (21,933 ) $ — Futures contracts Realized and change in unrealized gain (loss) on futures and forward contracts (252,802 ) (27,186 ) Total $ (274,735 ) $ (27,186 ) Effects of Derivative Instruments on the Statement of Operations for the six months ended June 30, 2018: Derivatives Not Accounted for as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized loss on futures and forward contracts $ (19,675 ) $ — Futures contracts Realized and change in unrealized gain (loss) on futures and forward contracts (206,317 ) (101,882 ) Total $ (225,992 ) $ (101,882 ) Effects of Derivative Instruments on the Statement of Operations for the three months ended June 30, 2017: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized loss on futures and forward contracts $ (32,378 ) $ 15,521 Futures contracts Realized and change in unrealized gain (loss) on futures and forward contracts 343,381 (235,697 ) Total $ 311,003 $ (220,176 ) Effects of Derivative Instruments on the Statement of Operations for the six months ended June 30, 2017: Derivatives Not Accounted for as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized loss on futures and forward contracts $ (2,706 ) $ 287 Futures contracts Realized and change in unrealized gain (loss) on futures and forward contracts 565,649 (174,210 ) Total $ 562,943 $ (173,923 ) Superfund Green, L.P. – Series B gross and net unrealized gains and losses by long and short positions as of June 30, 2018 and December 30, 2017: As of June 30, 2018 Long Positions Gross Unrealized Short Positions Gross Unrealized Gains % of Net Assets Losses % of Net Assets Gains % of Net Assets Losses % of Net Assets Net Unrealized Gains (Losses) on Open Positions Currency $ 15,005 0.3 $ (1,531 ) 0.0 * $ 5,169 0.1 $ (7,866 ) (0.2 ) $ 10,777 Financial 70,185 1.5 (380 ) 0.0 * 6,398 0.1 (22,324 ) (0.5 ) 53,879 Food & Fiber 11,458 0.2 (24,410 ) (0.5 ) 9,600 0.2 (5,888 ) (0.1 ) (9,240 ) Indices 10,178 0.2 (55,054 ) (1.2 ) 7,111 0.2 (13,048 ) (0.3 ) (50,813 ) Metals — — (35,505 ) (0.8 ) 65,474 1.4 (387 ) 0.0 * 29,582 Energy 46,219 1.0 — — 1,400 0.0 * (16,612 ) (0.4 ) 31,007 Livestock 3,538 0.1 — — — — (9,420 ) (0.2 ) (5,882 ) Totals $ 156,583 3.3 $ (116,880 ) (2.5 ) $ 95,152 2.0 $ (75,545 ) (1.7 ) $ 59,310 * Due to rounding – amount is less than 0.05% As of December 31, 2017 Long Positions Gross Unrealized Short Positions Gross Unrealized Gains % of Net Assets Losses % of Net Assets Gains % of Net Assets Losses % of Net Assets Net Unrealized Gains (Losses) on Open Positions Currency $ 36,727 0.7 $ — — $ 13,905 0.3 $ (4,111 ) (0.1 ) $ 46,521 Financial 3,730 0.1 (44,836 ) (0.8 ) 21,826 0.4 (4,437 ) (0.1 ) (23,717 ) Food & Fiber 474 0.0 * (11,947 ) (0.2 ) 28,150 0.5 (25,116 ) (0.5 ) (8,439 ) Indices 75,654 1.4 (21,145 ) (0.4 ) 16,957 0.3 (3,790 ) (0.1 ) 67,676 Metals 58,235 1.1 — — 463 0.0 * (5,916 ) (0.1 ) 52,782 Livestock — — — — 340 0.0 * — — 340 Energy 50,709 0.9 — — 1,730 0.0 * (26,411 ) (0.5 ) 26,028 Totals $ 225,529 4.2 $ (77,928 ) (1.4 ) $ 83,371 1.5 $ (69,781 ) (1.4 ) $ 161,191 * Due to rounding – amount is less than 0.05% Series B monthly contract volume: For the three months ended June 30, 2018, the monthly average futures and forward contracts bought were 1,069 and the monthly average futures and forward contracts sold were 739. For the six months ended June 30, 2018, the monthly average futures and forward contracts bought were 1,063 and the monthly average futures and forward contracts sold were 628. For the three months ended June 30, 2017, the monthly average futures and forward contracts bought were 1,240 and the monthly average futures and forward contracts sold were 233. For the six months ended June 30, 2017, the monthly average futures and forward contracts bought were 1,191 and the monthly average futures and forward contracts sold were 368. Series B trading results by market sector: For the Three Months Ended June 30, 2018 Net Realized Gains (Losses) Change in Net Unrealized Gains (Losses) Net Trading Gains (Losses) Foreign Exchange $ (21,933 ) $ — $ (21,933 ) Currency (174,362 ) 46,925 (127,437 ) Energy (2,510 ) 28,695 26,185 Financial 113,698 (69,810 ) 43,888 Food & Fiber (95,488 ) (34,525 ) (130,013 ) Indices (27,744 ) (30,831 ) (58,575 ) Livestock 14,390 (26,322 ) (11,932 ) Metals (80,786 ) 58,682 (22,104 ) Total net trading gains (losses) $ (274,735 ) $ (27,186 ) $ (301,921 ) For the Six Months Ended June 30, 2018 Net Realized Gains (Losses) Change in Net Unrealized Gains (Losses) Net Trading Gains (Losses) Foreign Exchange $ (19,675 ) $ — $ (19,675 ) Currency (72,108 ) (35,744 ) (107,852 ) Energy 20,598 4,979 25,577 Financial 259,714 77,595 337,309 Food & Fiber (217,205 ) (801 ) (218,006 ) Indices (158,364 ) (118,489 ) (276,853 ) Livestock 12,090 (6,222 ) 5,868 Metals (51,042 ) (23,200 ) (74,242 ) Total net trading gains (losses) $ (225,992 ) $ (101,882 ) $ (327,874 ) For the Three Months Ended June 30, 2017 Net Realized Gains (Losses) Change in Net Unrealized Gains (Losses) Net Trading Gains (Losses) Foreign Exchange $ (32,378 ) $ 15,521 $ (16,857 ) Currency (56,199 ) 56,547 348 Energy (151,448 ) (34,213 ) (185,661 ) Financial 31,936 (112,303 ) (80,367 ) Food & Fiber 73,321 (63,448 ) 9,873 Indices 521,860 (96,602 ) 425,258 Livestock 30,650 2,110 32,760 Metals (106,739 ) 12,212 (94,527 ) Total net trading gains (losses) $ 311,003 $ (220,176 ) $ 90,827 For the Six Months Ended June 30, 2017 Net Realized Gains (Losses) Change in Net Unrealized Gains (Losses) Net Trading Gains (Losses) Foreign Exchange $ (2,706 ) $ 287 $ (2,419 ) Currency (131,202 ) 43,771 (87,431 ) Financial 14,739 (119,377 ) (104,638 ) Food & Fiber (22,323 ) (9,313 ) (31,636 ) Indices 1,020,452 (71,995 ) 948,457 Metals (52,812 ) (5,538 ) (58,350 ) Livestock (7,610 ) 29,840 22,230 Energy (255,595 ) (41,598 ) (297,193 ) Total net trading gains (losses) $ 562,943 $ (173,923 ) $ 389,020 5. 4. Disclosure of derivative instruments and hedging activities The Fund follows ASC 815, Disclosures about Derivative Instruments and Hedging Activities Derivative instruments held by the Fund do not qualify as derivative instruments held as hedging instruments, as defined in ASC 815. Instead, the Fund includes derivative instruments in its trading activity. Per the requirements of ASC 815, the Fund discloses the gains and losses on its trading activities for both derivative and non derivative instruments in the Statements of Operations. The Fund engages in the speculative trading of futures contracts in a wide range of commodities, including equity markets, interest rates, food and fiber, energy, livestock, and metals. ASC 815 requires entities to recognize all derivatives instruments as either assets or liabilities at fair value in the statement of financial position. Investments in commodity futures contracts are recorded in the statements of assets and liabilities as unrealized appreciation or depreciation on futures contracts purchased and futures contracts sold. Since the derivatives held or sold by the Fund are for speculative trading purposes, the derivative instruments are not designated as hedging instruments under the provisions of ASC 815. Accordingly, all realized gains and losses, as well as any change in net unrealized gains or losses on open positions from the preceding period, are recognized as part of the Fund’s realized and change in unrealized gain (loss) on investments in the Statements of Operations. Information concerning the fair value of the Fund’s derivatives held long or sold short, as well as information related to the annual average volume of the Fund’s derivative activity, is as follows: Superfund Green, L.P. The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of June 30, 2018, is as follows: Type of Instrument Statement of Assets and Liabilities Location Asset Derivatives Liability Derivatives Net Futures contracts Futures contracts purchased $ 184,994 $ (136,043 ) $ 48,951 Futures contracts Futures contracts sold 125,793 (93,854 ) 31,939 Totals $ 310,787 $ (229,897 ) $ 80,890 The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2017, is as follows: Type of Instrument Statement of Assets and Liabilities Location Asset Derivatives Liability Derivatives Net Futures contracts Futures contracts purchased $ 304,814 $ (103,106 ) $ 201,708 Futures contracts Futures contracts sold 111,436 (99,629 ) 11,807 Totals $ 416,250 $ (202,735 ) $ 213,515 The Fund’s financial assets, derivative assets and cash collateral held by counterparties as of June 30, 2018 is as follows: Gross Amounts Not Offset in the Statement of Counterparty Net Amount of Assets in Financial Instruments Cash Collateral Net Amount ADMIS $ 73,339 $ — $ — $ 73,339 INTL FCStone 7,551 — — 7,551 Totals $ 80,890 $ — $ — $ 80,890 The Fund’s financial assets, derivative assets and cash collateral held by counterparties as of December 31, 2017 is as follows: Gross Amounts Not Offset in the Statement of Counterparty Net Amount of Assets in Financial Instruments Cash Collateral Net Amount ADMIS $ 98,331 $ — $ — $ 98,331 INTL FCStone 115,184 — — 115,184 Totals $ 213,515 $ — $ — $ 213,515 Effects of Derivative Instruments on the Statement of Operations for the three months ended June 30, 2018: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) in Income Net Change in Foreign exchange contracts Realized and change in unrealized gain (loss) on futures and forward contracts $ (28,115 ) $ — Futures contracts Realized and change in unrealized loss on futures and forward contracts (345,057 ) (45,915 ) Total $ (373,172 ) $ (45,915 ) Effects of Derivative Instruments on the Statement of Operations for the six months ended June 30, 2018: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) on Derivatives Recognized in Income Net Change in Foreign exchange contracts Realized and change in unrealized loss on futures and forward contracts $ (26,428 ) $ — Futures contracts Realized and change in unrealized gain (loss) on futures and forward contracts (245,227 ) (132,627 ) Total $ (271,655 ) $ (132,627 ) Effects of Derivative Instruments on the Statement of Operations for the three months ended June 30, 2017: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized gain (loss) on futures and forward contracts $ (40,183 ) $ 17,128 Futures contracts Realized and change in unrealized loss on futures and forward contracts 474,339 (337,332 ) Total $ 434,156 $ (320,204 ) Effects of Derivative Instruments on the Statement of Operations for the six months ended June 30, 2017: Derivatives not Designated as Hedging Instruments under ASC 815 Location of Gain (Loss) on Derivatives Recognized in Income Net Realized Gain (Loss) Net Change in Foreign exchange contracts Realized and change in unrealized loss on futures and forward contracts $ (196 ) $ 3,306 Futures contracts Realized and change in unrealized gain (loss) on futures and forward contracts 815,893 (264,738 ) Total $ 815,697 $ (261,432 ) Superfund Green, L.P. gross and net unrealized gains and losses by long and short positions as of June 30, 2018 and December 31, 2017: As of June 30, 2018 Long Positions Gross Unrealized Short Positions Gross Unrealized Gains % of Net Assets Losses % of Net Assets Gains % of Net Assets Losses % of Net Assets Net Unrealized Gains (Losses) on Open Positions Currency $ 20,470 0.3 $ (1,531 ) 0.0 * $ 7,319 0.1 $ (8,640 ) (0.1 ) $ 17,618 Finan |