Ceres Tactical Systematic (TDFF) 10-Q 9 May 24 2024 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2024	Apr. 30, 2024
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Entity Registrant Name	CERES TACTICAL SYSTEMATIC L.P.
Entity Central Index Key	0001209709
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Interactive Data Current	Yes
Entity Address, State or Province	NY
Entity Address, Address Line One	Ceres Managed Futures LLC
Entity Address, Address Line Two	1585 Broadway
Entity Address, Address Line Three	29th Floor
Entity Address, City or Town	New York
Entity Address, Postal Zip Code	10036
Document Quarterly Report	true
Document Transition Report	false
City Area Code	855
Local Phone Number	672-4468
Entity Incorporation, State or Country Code	NY
Entity File Number	000-50718
Entity Tax Identification Number	13-4224248
Class A Redeemable Units [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		58,481.7438
Class D Redeemable Units [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,990.5
Class Z Redeemable Units [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		95.387

Statements of Financial Conditi

Statements of Financial Condition - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Equity in trading account:
Unrestricted cash	$ 44,952,458	$ 43,582,526
Restricted cash	10,245,004	9,285,004
Foreign cash (cost $728,419 and $740,454 at March 31, 2024 and December 31, 2023, respectively)	724,938	745,796
Net unrealized appreciation on open futures contracts	1,941,074	370,473
Total equity in trading account	57,863,474	53,983,799
Interest receivable	208,012	206,971
Total assets	58,071,486	54,190,770
Liabilities:
Net unrealized depreciation on open forward contracts	0	337,766
Accrued expenses:
Ongoing selling agent fees	35,821	33,201
Management fees	30,825	28,091
Incentive fees	253,221	0
General Partner fees	42,202	39,144
Professional fees	159,203	137,196
Redemptions payable to General Partner	0	50,000
Redemptions payable to Limited Partners	1,095,129	520,465
Total liabilities	1,616,401	1,145,863
Partners' Capital:
Total partners' capital (net asset value)	56,455,085	53,044,907
Total liabilities and partners' capital	58,071,486	54,190,770
Class Z Redeemable Units [Member]
Partners' Capital:
General Partner	640,825	577,940
Limited Partners	111,074	100,175
Total partners' capital (net asset value)	$ 751,899	$ 678,115
Net asset value per Redeemable Unit:
Net asset value per Redeemable Unit	$ 1,164.46	$ 1,050.19
Class A Redeemable Units [Member]
Partners' Capital:
Limited Partners	$ 52,381,586	$ 49,165,031
Total partners' capital (net asset value)	$ 52,381,586	$ 49,165,031
Net asset value per Redeemable Unit:
Net asset value per Redeemable Unit	$ 887.51	$ 801.93
Class D Redeemable Units [Member]
Partners' Capital:
Limited Partners	$ 3,321,600	$ 3,201,761
Total partners' capital (net asset value)	$ 3,321,600	$ 3,201,761
Net asset value per Redeemable Unit:
Net asset value per Redeemable Unit	$ 1,110.72	$ 1,003.61
Futures Contracts [Member]
Equity in trading account:
Net unrealized appreciation on open futures contracts	$ 1,756,994	$ 370,473
Liabilities:
Net unrealized depreciation on open forward contracts	0	0
Forward Contracts [Member]
Equity in trading account:
Net unrealized appreciation on open futures contracts	184,080	0
Liabilities:
Net unrealized depreciation on open forward contracts	$ 0	$ 337,766

Statements of Financial Condi_2

Statements of Financial Condition (Parenthetical) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Cash denominated in foreign currencies, proceeds	$ 728,419	$ 740,454
Class A Redeemable Units [Member]
Limited Partners Capital, Redeemable units outstanding	59,020.9018	61,308.4508
Class D Redeemable Units [Member]
Limited Partners Capital, Redeemable units outstanding	2,990.5	3,190.231
Class Z Redeemable Units [Member]
General Partner Capital, Redeemable units outstanding	550.319	550.319
Limited Partners Capital, Redeemable units outstanding	95.387	95.387

Condensed Schedule of Investmen

Condensed Schedule of Investments	Mar. 31, 2024 USD ($) Contract	Dec. 31, 2023 USD ($) Contract
Forward Contracts [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	$ 855,821	$ 888,922
Total unrealized depreciation on open contracts	(671,741)	(1,226,688)
Net unrealized appreciation (depreciation) on open contracts	$ 184,080	$ (337,766)
% of Partners' Capital	0.33%	(0.64%)
Forward Contracts [Member] | Unrealized Appreciation [Member]
Schedule of Investments [Line Items]
% of Partners' Capital	1.52%	1.67%
Forward Contracts [Member] | Total Unrealized Depreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
% of Partners' Capital	(1.19%)	(2.31%)
Forward Contracts [Member] | Currencies [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	$ 622,654	$ 562,573
Unrealized Appreciation on Open Forward Contracts, Notional Amount	51,353,393	41,258,458
Total unrealized depreciation on open contracts	(318,090)	(691,946)
Unrealized Depreciation on Open Forward Contracts, Notional Amount	$ 37,857,673	$ 38,087,753
Forward Contracts [Member] | Currencies [Member] | Unrealized Appreciation [Member]
Schedule of Investments [Line Items]
% of Partners' Capital	1.10%	1.06%
Forward Contracts [Member] | Currencies [Member] | Total Unrealized Depreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
% of Partners' Capital	(0.56%)	(1.30%)
Forward Contracts [Member] | Metals [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	$ 233,167	$ 326,349
Total unrealized depreciation on open contracts	$ (353,651)	$ (534,742)
Forward Contracts [Member] | Metals [Member] | Unrealized Appreciation [Member]
Schedule of Investments [Line Items]
% of Partners' Capital	0.42%	0.61%
Forward Contracts [Member] | Metals [Member] | Total Unrealized Depreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
% of Partners' Capital	(0.63%)	(1.01%)
Forward Contracts [Member] | Net Unrealized Appreciation On Open Forward Contracts [Member] | Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	124	121
Forward Contracts [Member] | Net Unrealized Depreciation On Open Forward Contracts [Member] | Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	161	153
Futures Contracts [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	$ 3,633,058	$ 2,995,671
Total unrealized depreciation on open contracts	(1,876,064)	(2,625,198)
Net unrealized appreciation (depreciation) on open contracts	$ 1,756,994	$ 370,473
% of Partners' Capital	3.11%	0.70%
Futures Contracts [Member] | Currencies [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	$ 619,605	$ 146,769
Total unrealized depreciation on open contracts	(505,989)	(239,168)
Futures Contracts [Member] | Energy [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	983,947	482,993
Total unrealized depreciation on open contracts	(299,664)	(996,165)
Futures Contracts [Member] | Grains [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	282,595	236,801
Total unrealized depreciation on open contracts	(347,072)	(184,709)
Futures Contracts [Member] | Indices [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	753,247	733,965
Total unrealized depreciation on open contracts	(405,997)	(245,853)
Futures Contracts [Member] | Interest Rates U.S. [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	29,563	130,664
Total unrealized depreciation on open contracts	(77,156)	(113,358)
Futures Contracts [Member] | Interest Rates Non-U.S. [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	227,783	559,490
Total unrealized depreciation on open contracts	(199,589)	(672,519)
Futures Contracts [Member] | Livestock [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	3,080	220
Total unrealized depreciation on open contracts	(1,520)
Futures Contracts [Member] | Metals [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	136,585	156,905
Total unrealized depreciation on open contracts	(8,317)	(126,095)
Futures Contracts [Member] | Softs [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts	596,653	547,864
Total unrealized depreciation on open contracts	(30,760)	(47,331)
Futures Contracts [Member] | Long [Member]
Schedule of Investments [Line Items]
Net unrealized appreciation (depreciation) on open contracts	$ 1,377,934	$ 264,461
% of Partners' Capital	2.44%	0.50%
Futures Contracts [Member] | Long [Member] | Currencies [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	544	160
Net unrealized appreciation (depreciation) on open contracts	$ (497,864)	$ 138,274
% of Partners' Capital	(0.88%)	0.26%
Futures Contracts [Member] | Long [Member] | Energy [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	294	233
Net unrealized appreciation (depreciation) on open contracts	$ 902,355	$ (875,142)
% of Partners' Capital	1.60%	(1.65%)
Futures Contracts [Member] | Long [Member] | Grains [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	240	98
Net unrealized appreciation (depreciation) on open contracts	$ 6,278	$ (156,597)
% of Partners' Capital	0.01%	(0.30%)
Futures Contracts [Member] | Long [Member] | Indices [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	652	484
Net unrealized appreciation (depreciation) on open contracts	$ 144,567	$ 388,130
% of Partners' Capital	0.25%	0.73%
Futures Contracts [Member] | Long [Member] | Interest Rates U.S. [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract		62
Net unrealized appreciation (depreciation) on open contracts		$ 126,367
% of Partners' Capital		0.24%
Futures Contracts [Member] | Long [Member] | Interest Rates Non-U.S. [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	208	562
Net unrealized appreciation (depreciation) on open contracts	$ 118,724	$ 480,571
% of Partners' Capital	0.21%	0.91%
Futures Contracts [Member] | Long [Member] | Livestock [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	1
Net unrealized appreciation (depreciation) on open contracts	$ (980)
% of Partners' Capital	0%
Futures Contracts [Member] | Long [Member] | Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	48	60
Net unrealized appreciation (depreciation) on open contracts	$ 125,073	$ 95,533
% of Partners' Capital	0.22%	0.18%
Futures Contracts [Member] | Long [Member] | Softs [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	43	71
Net unrealized appreciation (depreciation) on open contracts	$ 579,781	$ 67,325
% of Partners' Capital	1.03%	0.13%
Futures Contracts [Member] | Short [Member]
Schedule of Investments [Line Items]
Net unrealized appreciation (depreciation) on open contracts	$ 379,060	$ 106,012
% of Partners' Capital	0.67%	0.20%
Futures Contracts [Member] | Short [Member] | Currencies [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	434	89
Net unrealized appreciation (depreciation) on open contracts	$ 611,480	$ (230,673)
% of Partners' Capital	1.08%	(0.43%)
Futures Contracts [Member] | Short [Member] | Energy [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	180	188
Net unrealized appreciation (depreciation) on open contracts	$ (218,072)	$ 361,970
% of Partners' Capital	(0.39%)	0.68%
Futures Contracts [Member] | Short [Member] | Grains [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	461	212
Net unrealized appreciation (depreciation) on open contracts	$ (70,755)	$ 208,689
% of Partners' Capital	(0.13%)	0.39%
Futures Contracts [Member] | Short [Member] | Indices [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	464	324
Net unrealized appreciation (depreciation) on open contracts	$ 202,683	$ 99,982
% of Partners' Capital	0.36%	0.19%
Futures Contracts [Member] | Short [Member] | Interest Rates U.S. [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	261	97
Net unrealized appreciation (depreciation) on open contracts	$ (47,593)	$ (109,061)
% of Partners' Capital	(0.08%)	(0.21%)
Futures Contracts [Member] | Short [Member] | Interest Rates Non-U.S. [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	865	327
Net unrealized appreciation (depreciation) on open contracts	$ (90,530)	$ (593,600)
% of Partners' Capital	(0.16%)	(1.12%)
Futures Contracts [Member] | Short [Member] | Livestock [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	8	1
Net unrealized appreciation (depreciation) on open contracts	$ 2,540	$ 220
% of Partners' Capital	0%	0%
Futures Contracts [Member] | Short [Member] | Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	11	66
Net unrealized appreciation (depreciation) on open contracts	$ 3,195	$ (64,723)
% of Partners' Capital	0.01%	(0.12%)
Futures Contracts [Member] | Short [Member] | Softs [Member]
Schedule of Investments [Line Items]
Number of Contracts | Contract	37	108
Net unrealized appreciation (depreciation) on open contracts	$ (13,888)	$ 433,208
% of Partners' Capital	(0.02%)	0.82%

Statements of Income and Expens

Statements of Income and Expenses - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Investment Income:
Interest income	$ 602,195	$ 534,100
Expenses:
Clearing fees related to direct investments	59,803	70,882
Ongoing selling agent fees	104,660	116,806
General Partner fees	123,276	137,622
Management fees	90,318	106,043
Incentive fees	253,221	0
Professional fees	78,861	95,145
Total expenses	710,139	526,498
Net investment income (loss)	(107,944)	7,602
Net gains (losses) on trading of commodity interests:
Net realized gains (losses) on closed contracts	3,812,478	(1,506,129)
Net change in unrealized gains (losses) on open contracts	1,899,544	(2,912,325)
Total trading results	5,712,022	(4,418,454)
Net income (loss)	5,604,078	(4,410,852)
Class A Redeemable Units [Member]
Net gains (losses) on trading of commodity interests:
Net income (loss)	$ 5,188,610	$ (4,089,188)
Net income (loss) per Redeemable Unit	$ 85.58	$ (61.33)
Weighted average Redeemable Units outstanding	60,649.7785	66,870.9268
Class D Redeemable Units [Member]
Net gains (losses) on trading of commodity interests:
Net income (loss)	$ 341,684	$ (267,824)
Net income (loss) per Redeemable Unit	$ 107.11	$ (76.75)
Weighted average Redeemable Units outstanding	3,190.231	3,489.328
Class Z Redeemable Units [Member]
Net gains (losses) on trading of commodity interests:
Net income (loss)	$ 73,784	$ (53,840)
Net income (loss) per Redeemable Unit	$ 114.27	$ (77.65)
Weighted average Redeemable Units outstanding	645.706	693.316

Statements of Changes in Partne

Statements of Changes in Partners' Capital - USD ($)	Total	Limited Partners [Member]	Class A Redeemable Units [Member]	Class A Redeemable Units [Member] Limited Partners [Member]	Class D Redeemable Units [Member]	Class D Redeemable Units [Member] Limited Partners [Member]	Class Z Redeemable Units [Member]	Class Z Redeemable Units [Member] Limited Partners [Member]
Partners' Capital, Balance at Dec. 31, 2022	$ 65,387,698		$ 60,636,182		$ 3,938,734		$ 812,782
Redemptions		$ (956,779)		$ (956,779)		$ 0		$ 0
Net Income (Loss)	(4,410,852)		(4,089,188)		(267,824)		(53,840)
Partners' Capital, Balance at Mar. 31, 2023	$ 60,020,067		$ 55,590,215		$ 3,670,910		$ 758,942
Partners' Capital, Balance - Redeemable Units at Dec. 31, 2022	71,410.2588		67,227.6148		3,489.328		693.316
Partners' Capital, Balance - Redeemable Units at Mar. 31, 2023	70,312.4278		66,129.7838		3,489.328		693.316
Redemptions - Redeemable Units		(1,097.831)		(1,097.831)		0		0
Partners' Capital, Balance at Dec. 31, 2023	$ 53,044,907		$ 49,165,031		$ 3,201,761		$ 678,115
Redemptions		$ (2,193,900)		$ (1,972,055)		$ (221,845)		$ 0
Net Income (Loss)	5,604,078		5,188,610		341,684		73,784
Partners' Capital, Balance at Mar. 31, 2024	$ 56,455,085		$ 52,381,586		$ 3,321,600		$ 751,899
Partners' Capital, Balance - Redeemable Units at Dec. 31, 2023	65,144.3878		61,308.4508		3,190.231		645.706
Partners' Capital, Balance - Redeemable Units at Mar. 31, 2024	62,657.1078		59,020.9018		2,990.5		645.706
Redemptions - Redeemable Units		(2,487.28)		(2,287.549)		(199.731)		0

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 5,604,078	$ (4,410,852)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Organization

Organization	3 Months Ended
	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization: Ceres Tactical Systematic L.P. (the “Partnership”) is a limited partnership organized under the partnership laws of the State of New York on December 3, 2002 to engage, directly or indirectly, in the speculative trading of a diversified portfolio of commodity interests including futures, option, swap and forward contracts. The sectors traded include currencies, energy, grains, indices, U.S. and non-U.S. Between March 27, 2003 (commencement of the public offering period) and April 30, 2003, 36,616 redeemable units of limited partnership interest in the Partnership (“Redeemable Units”) were sold at $1,000 per Redeemable Unit. The proceeds of the initial public offering were held in an escrow account until April 30, 2003, at which time they were turned over to the Partnership for trading. The Partnership was authorized to publicly offer 300,000 Redeemable Units during the initial public offering period. As of December 4, 2003, the Partnership was authorized to publicly offer an additional 700,000 Redeemable Units. As of October 7, 2004, the Partnership was authorized to publicly offer an additional 1,000,000 Redeemable Units. As of June 30, 2005, the Partnership was authorized to publicly offer Redeemable Units previously registered. The public offering of Redeemable Units terminated on November 30, 2008. The Partnership currently privately and continuously offers Redeemable Units to qualified investors. There is no maximum number of Redeemable Units that may be sold by the Partnership. Ceres Managed Futures LLC, a Delaware limited liability company, acts as the general partner (the “General Partner”) and commodity pool operator of the Partnership. The General Partner is a wholly-owned subsidiary of Morgan Stanley Capital Management LLC (“MSCM”). MSCM 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. During the reporting periods ended March 31, 2024 and 2023, the Partnership’s commodity broker was Morgan Stanley & Co. LLC (“MS&Co.”), a registered futures commission merchant. As of January 1, 2018, the Partnership began offering three classes of limited partnership interests, Class A Redeemable Units, Class D Redeemable Units and Class Z Redeemable Units. All Redeemable Units issued prior to January 1, 2018 were deemed Class A Redeemable Units. The rights, liabilities, risks, and fees associated with investment in Class A Redeemable Units were not changed. Class A Redeemable Units are available to taxable U.S. individuals and institutions, U.S. tax exempt individuals and institutions, and non-U.S. non-U.S. As of March 31, 2024, all trading decisions were made for the Partnership by DCM Systematic Advisors SA (“DCM”), Drury Capital, Inc. (“Drury”), Episteme Capital Partners (UK) LLP, Episteme Capital Partners (US) LLC and Episteme Capital Partners (Cayman) LTD (collectively, “Episteme”), and Millburn Ridgefield Corporation (“Millburn”) (each an “Advisor” and, collectively, the “Advisors”), each of which is a registered commodity trading advisor. The Advisors are not affiliated with one another, are not affiliated with the General Partner or MS&Co., and are not responsible for the operation of the Partnership. Effective January 1, 2020, Millburn trades the Partnership’s assets allocated to it through a managed account in the name of the Partnership pursuant to Millburn’s Multi-Markets Program. The General Partner and Millburn have agreed that Millburn will trade the Partnership’s assets allocated to Millburn at a level that is up to 1.5 times the amount of assets allocated. The amount of leverage may be increased or decreased in the future, but it may not exceed 2 times the amount of assets allocated. Effective November 1, 2020, Episteme trades the Partnership’s assets allocated to them through a managed account in the name of the Partnership pursuant to Episteme’s Systematic Quest Program. The General Partner and Episteme have agreed that Episteme will trade the Partnership’s assets allocated to Episteme at a level that is up to 1.5 times the amount of assets allocated. The amount of leverage may be increased or decreased in the future, but it may not exceed 2 times the amount of assets allocated. Effective January 1, 2021, DCM trades a portion of the Partnership’s assets allocated to it through a managed account in the name of the Partnership pursuant to DCM’s Diversified Alpha Program. The General Partner and DCM have agreed that DCM will trade the Partnership’s assets allocated to DCM at a level that is 1.75 times the amount of assets allocated. The amount of leverage may be increased or decreased in the future but may not exceed 2 times the amount of assets allocated. Effective February 1, 2023, Drury trades a portion of the Partnership’s assets allocated to it through a managed account in the name of the Partnership pursuant to Drury Diversified Trend-Following Program. The Partnership entered into futures brokerage account agreements and foreign exchange prime brokerage account agreements with MS&Co. The Partnership 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 entered into a selling agreement with Morgan Stanley Wealth Management (the “Selling Agreement”). Under the Selling Agreement the Partnership pays Morgan Stanley Wealth Management a monthly ongoing selling agent fee equal to 0.75% per year of adjusted month-end The Partnership has entered into an alternative investment placement agent agreement (the “Harbor Selling Agreement”), by and among the Partnership, the General Partner, Morgan Stanley Distribution Inc. (“MSDI”) and Harbor Investment Advisory, LLC, a Maryland limited liability company (“Harbor”), which supersedes and replaces the alternative investment selling agent agreement, dated January 19, 2018, between the Partnership, the General Partner and Harbor. Pursuant to the Harbor Selling Agreement, MSDI and Harbor have been appointed as a non-exclusive sub-selling one-year month-end The General Partner fees, management fees, incentive fees and professional fees of the Partnership are allocated proportionally to each Class based on the net asset value of the Class. 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. The cost of retaining the Administrator is allocated among the pools operated by the General Partner, including the Partnership.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and the results of its operations and changes in partners’ capital for the three months ended March 31, 2024 and 2023. These financial statements present the results of interim periods and do not include all 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. “Statement of Cash Flows.” Partnership’s Derivative Investments. first-in, first-out The Partnership does not isolate the portion of the results of operations arising from the effect of changes in foreign exchange rates on investments from fluctuations from changes in market prices of investments held. Such fluctuations are included in total trading results in the Partnership’s Statements of Income and Expenses. Partnership’s Cash. Income Taxes. “Income Taxes,” “more-likely-than-not” more-likely-than-not 2020 through 2023 Investment Company Status. 2013-08 “Financial Services—Investment Companies (Topic 946): Amendments to the Scope, Measurement and Disclosure Requirements” Net Income (Loss) per Redeemable 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 for the year ended December 31, 2023.

Financial Highlights

Financial Highlights	3 Months Ended
	Mar. 31, 2024
Investment Company [Abstract]
Financial Highlights	3. Financial Highlights: Financial highlights for the limited partner Classes as a whole for the three months ended March 31, 2024 and 2023 were as follows: Three Months Ended March 31, 2024 Three Months Ended March 31, 2023 Class A Class D Class Z Class A Class D Class Z Per Redeemable Unit Performance (for a unit outstanding throughout the period):* Net realized and unrealized gains (losses)  $ 87.25    $ 109.24    $ 114.38    $ (61.41 )  $ (76.86 )  $ (79.90 ) Net investment income (loss) (1.67 ) (2.13 ) (0.11 ) 0.08   0.11   2.25   Increase (decrease) for the period 85.58 107.11 114.27 (61.33 ) (76.75 ) (77.65 ) Net asset value per Redeemable Unit, beginning of period 801.93 1,003.61 1,050.19 901.95 1,128.79 1,172.31 Net asset value per Redeemable Unit, end of period  $  887.51  $  1,110.72  $  1,164.46  $  840.62  $  1,052.04  $  1,094.66 Three Months Ended March 31, 2024 Three Months Ended March 31, 2023 Class A Class D Class Z Class A Class D Class Z Ratios to Average  Limited Partners’ Capital:** Net investment income (loss)*** 0.6   % 0.6   % 1.3   % 0.0   %**** 0.0   %**** 0.8   % Operating expenses 3.4 % 3.4 % 2.6 % 3.4 % 3.4 % 2.6 % Incentive fees 0.5 % 0.5 % 0.5 % -  % -  % -  % Total expenses 3.9 % 3.9 % 3.1 % 3.4 % 3.4 % 2.6 % Total return: Total return before incentive fees 11.2 % 11.2 % 11.4 % (6.8 ) % (6.8 ) % (6.6 ) % Incentive fees (0.5 ) % (0.5 ) % (0.5 ) % -  % -  % -  % Total return after incentive fees    10.7 %    10.7 %    10.9 %    (6.8 ) %    (6.8 ) %    (6.6 ) % * Net investment loss per Redeemable Unit is calculated by dividing the interest income less total expenses by the average number of Redeemable Units outstanding during the period. The net realized and unrealized gains (losses) per Redeemable Unit is a balancing amount necessary to reconcile the change in net asset value per Redeemable Unit with the other per unit information. ** Annualized (except for incentive fees). *** Interest income less total expenses. **** Due to rounding. 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.

Trading Activities

Trading Activities	3 Months Ended
	Mar. 31, 2024
Brokers and Dealers [Abstract]
Trading Activities	4. Trading Activities: The Partnership was formed for the purpose of trading contracts in a variety of commodity interests, including derivative financial instruments and derivative commodity instruments. The results of the Partnership’s trading activities are shown in the Statements of Income and Expenses. The Partnership’s customer agreement with MS&Co. and foreign exchange brokerage account agreements give the Partnership the legal right to net unrealized gains and losses on open futures contracts and open forward contracts in the Statements of Financial Condition. The Partnership nets, for financial reporting purposes, the unrealized gains and losses on open futures contracts and open forward contracts in the Statements of Financial Condition as the criteria under ASC 210-20, Balance Sheet The Partnership’s trading of futures, forward and option contracts, as applicable, on commodities is done primarily on U.S. and foreign commodity exchanges. The Partnership engages in such trading through commodity brokerage accounts maintained with MS&Co. All of the commodity interests owned by the Partnership are held for trading purposes. The monthly average number of futures contracts traded by the Partnership during the three months ended March 31, 2024 and 2023 were 4,309 and 3,571, respectively. The monthly average number of metals forward contracts traded by the Partnership during the three months ended March 31, 2024 and 2023 were 300 and 141, respectively. The monthly average notional value of currency forward contracts traded by the Partnership during the three months ended March 31, 2024 and 2023 were $85,007,642 and $148,928,137, respectively. The following tables summarize the gross and net amounts recognized relating to assets and liabilities of the Partnership’s derivatives and their offsetting subject to master netting arrangements or similar agreements as of March 31, 2024 and December 31, 2023, respectively. Gross Amounts  Gross Amounts  Offset in the Statements of Financial Condition Net Amounts  Presented in the  Statements of Financial Condition Gross Amounts Not Offset in the  Statements of Financial Condition  March 31, 2024    Financial  Instruments  Cash Collateral Received/ Pledged* Net Amount Assets Futures  $ 3,633,058    $ (1,876,064 )  $ 1,756,994  $ -   $ -   $ 1,756,994 Forwards 855,821 (671,741 ) 184,080 -  -  184,080 Total assets  $  4,488,879  $ (2,547,805 )  $ 1,941,074    $ -   $ -   $ 1,941,074   Liabilities Futures  $ (1,876,064 )  $ 1,876,064    $ -   $ -   $ -   $ -  Forwards (671,741 ) 671,741 -  -  -  -  Total liabilities  $ (2,547,805 )  $ 2,547,805  $ -   $ -   $ -   $ -  Net fair value  $   1,941,074 * Gross Amounts  Recognized   Gross Amounts  Offset in the Statements of Financial Condition Net Amounts  Presented in the  Statements of Financial Condition Gross Amounts Not Offset in the  Statements of Financial Condition  December 31, 2023    Financial  Instruments  Cash Collateral Received/ Pledged* Net Amount Assets Futures  $ 2,995,671    $ (2,625,198 )  $ 370,473  $ -    $ -    $ 370,473   Forwards 888,922 (888,922 ) -   -   -   -   Total assets  $ 3,884,593  $ (3,514,120 )  $ 370,473    $ -    $ -    $ 370,473 Liabilities Futures  $ (2,625,198 )  $ 2,625,198    $ -    $ -    $ -    $ -   Forwards (1,226,688 ) 888,922 (337,766 ) -   337,766   -   Total liabilities  $   (3,851,886 )  $   3,514,120  $ (337,766 )  $ -    $ 337,766  $ -   Net fair value  $   370,473 * * 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 held by the Partnership as separate assets and liabilities as of March 31, 2024 and December 31, 2023, respectively.  March 31,  2024 Assets Futures Contracts Currencies  $ 619,605   Energy 983,947 Grains 282,595 Indices 753,247 Interest Rates U.S. 29,563 Interest Rates Non-U.S. 227,783 Livestock 3,080 Metals 136,585 Softs 596,653 Total unrealized appreciation on open futures contracts 3,633,058 Liabilities Futures Contracts Currencies (505,989 ) Energy (299,664 ) Grains (347,072 ) Indices (405,997 ) Interest Rates U.S. (77,156 ) Interest Rates Non-U.S. (199,589 ) Livestock (1,520 ) Metals (8,317 ) Softs (30,760 ) Total unrealized depreciation on open futures contracts (1,876,064 ) Net unrealized appreciation on open futures contracts  $     1,756,994 * Assets Forward Contracts Currencies  $ 622,654 Metals 233,167 Total unrealized appreciation on open forward contracts 855,821 Liabilities Forward Contracts Currencies (318,090 ) Metals (353,651 ) Total unrealized depreciation on open forward contracts (671,741 ) Net unrealized appreciation on open forward contracts  $ 184,080 ** * This amount is in “Net unrealized appreciation 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, 2023 Assets Futures Contracts Currencies  $ 146,769 Energy 482,993 Grains 236,801 Indices 733,965 Interest Rates U.S. 130,664 Interest Rates Non-U.S. 559,490 Livestock 220 Metals 156,905 Softs 547,864 Total unrealized appreciation on open futures contracts     2,995,671 Liabilities Futures Contracts Currencies (239,168 ) Energy (996,165 ) Grains (184,709 ) Indices (245,853 ) Interest Rates U.S. (113,358 ) Interest Rates Non-U.S. (672,519 ) Metals (126,095 ) Softs (47,331 ) Total unrealized depreciation on open futures contracts (2,625,198 ) Net unrealized appreciation on open futures contracts  $ 370,473 * Assets Forward Contracts Currencies  $ 562,573 Metals 326,349 Total unrealized appreciation on open forward contracts 888,922 Liabilities Forward Contracts Currencies (691,946 ) Metals (534,742 ) Total unrealized depreciation on open forward contracts (1,226,688 ) Net unrealized depreciation on open forward contracts  $ (337,766 ) ** * 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 traded by the Partnership for the three months ended March 31, 2024 and 2023, respectively. Three Months Ended March 31, Sector       2024 2023 Currencies  $ 715,336  $ (231,226 ) Energy 2,023,559 (1,934,525 ) Grains 545,769 233,564 Indices 1,470,096 358,660 Interest Rates U.S. 263,855 (1,316,475 ) Interest Rates Non-U.S. 125,463 (1,870,647 ) Livestock 1,590 1,750 Metals (241,096 ) 229,949 Softs 807,450 110,496 Total  $    5,712,022 ***  $   (4,418,454 ) *** *** This amount is included in “Total trading results” in the Statements of Income and Expenses.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements: Partnership’s Fair Value Measurements The fair value of exchange-traded futures, option and forward 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 considers 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 March 31, 2024    Total Level 1 Level 2 Level 3 Assets Futures  $    3,633,058  $    3,633,058  $ -   $ -  Forwards 855,821 -  855,821 -  Total Assets  $ 4,488,879  $ 3,633,058  $    855,821  $ -  Liabilities Futures  $ 1,876,064  $ 1,876,064  $ -   $ -  Forwards 671,741 -  671,741 -  Total Liabilities  $ 2,547,805    $ 1,876,064    $ 671,741    $ -    December 31, 2023   Total Level 1 Level 2 Level 3 Assets Futures  $ 2,995,671  $ 2,995,671  $ -   $ -  Forwards 888,922 -  888,922 -  Total Assets  $ 3,884,593  $ 2,995,671  $ 888,922  $        -  Liabilities Futures  $ 2,625,198  $ 2,625,198  $ -   $ -  Forwards 1,226,688 -  1,226,688 -  Total Liabilities  $ 3,851,886  $ 2,625,198  $ 1,226,688  $ -

Financial Instrument Risks

Financial Instrument Risks	3 Months Ended
	Mar. 31, 2024
Investments, All Other Investments [Abstract]
Financial Instrument Risks	6. Financial Instrument Risks: In the normal course of business, the Partnership is party to financial instruments with off-balance-sheet over-the-counter Futures Contracts. Forward Foreign Currency Contracts. London Metal Exchange Forward Contracts. Market risk is the potential for changes in the value of the financial instruments traded by the Partnership due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity or security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The Partnership is exposed to market risk equal to the value of the futures and forward contracts held and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. The Partnership’s risk of loss in the event of counterparty default is typically limited to the amounts recognized in the Statements of Financial Condition and is (was) not represented by the contract or notional amounts of the instruments. The Partnership’s risk of loss is reduced through the use of legally enforceable master netting agreements with counterparties that permit the Partnership to offset unrealized gains and losses and other assets and liabilities with such counterparties upon the occurrence of certain events. The Partnership has credit risk and concentration risk, as MS&Co. or an MS&Co. affiliate are counterparties or brokers with respect to the Partnership’s assets. Credit risk with respect to exchange-traded instruments is reduced to the extent that, through MS&Co. or an MS&Co. affiliate, the Partnership’s counterparty is or was an exchange or clearing organization. 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 or had effective procedures for evaluating and limiting the credit and market risks to which the Partnership may or may have been 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 futures, exchange-cleared swaps, forward and option contracts by sector, margin requirements, gain and loss transactions and collateral positions. The majority of these financial instruments mature within one year of the inception date. However, due to the nature of the Partnership’s business, these instruments may not be or have not been held to maturity. The risk to the limited partners that have purchased Redeemable Units is limited to the amount of their share of the Partnership’s net assets and undistributed profits. This limited liability is a result of the organization of the Partnership as a limited partnership under New York law. In the ordinary course of business, the Partnership enters into contracts and agreements that contain various representations and warranties and which provide or provided 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 consider the risk of any future obligation relating to these indemnifications to be remote. Beginning in February 2022, the United States, the United Kingdom, the European Union, and a number of other nations imposed sanctions against Russia in response to Russia’s invasion of Ukraine, and these and other governments around the world may impose additional sanctions in the future as the conflict develops. In addition, on October 7, 2023, Hamas militants and members of other terrorist organizations infiltrated Israel’s southern border from the Gaza Strip and conducted a series of terror attacks on civilian and military targets. Shortly following the attack, Israel’s security cabinet declared war against Hamas. These conflicts and subsequent sanctions have created volatility in the price of various commodities and may lead to a deterioration in the political and trade relationships that exist between the countries involved and have a negative impact on business activity globally, and therefore could affect the performance of the Partnership’s investments. Furthermore, uncertainties regarding these conflicts and the varying involvement of the United States and other countries preclude prediction as to the ultimate impact on global economic and market conditions, and, as a result, presents material uncertainty and risk with respect to the Partnership and the performance of its investments or operations, and the ability of the Partnership to achieve its investment objectives. Additionally, to the extent that investors, service providers and/or other third parties have material operations or assets in Russia, Belarus, Ukraine or Israel, they may have their operations disrupted and/or suffer adverse consequences related to the ongoing conflicts.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	7. 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)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates
Profit Allocation	Profit Allocation.
Statement of Cash Flows	Statement of Cash Flows. “Statement of Cash Flows.”
Partnership's/Funds' Derivative Investments	Partnership’s Derivative Investments. first-in, first-out The Partnership does not isolate the portion of the results of operations arising from the effect of changes in foreign exchange rates on investments from fluctuations from changes in market prices of investments held. Such fluctuations are included in total trading results in the Partnership’s Statements of Income and Expenses.
Partnership's Cash	Partnership’s Cash.
Income Taxes	Income Taxes. “Income Taxes,” “more-likely-than-not” more-likely-than-not 2020 through 2023
Investment Company Status	Investment Company Status. 2013-08 “Financial Services—Investment Companies (Topic 946): Amendments to the Scope, Measurement and Disclosure Requirements”
Net Income (Loss) per Redeemable Unit	Net Income (Loss) per Redeemable 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 for the year ended December 31, 2023.

Financial Highlights (Tables)

Financial Highlights (Tables)	3 Months Ended
	Mar. 31, 2024
Investment Company [Abstract]
Financial Highlights	Financial highlights for the limited partner Classes as a whole for the three months ended March 31, 2024 and 2023 were as follows: Three Months Ended March 31, 2024 Three Months Ended March 31, 2023 Class A Class D Class Z Class A Class D Class Z Per Redeemable Unit Performance (for a unit outstanding throughout the period):* Net realized and unrealized gains (losses)  $ 87.25    $ 109.24    $ 114.38    $ (61.41 )  $ (76.86 )  $ (79.90 ) Net investment income (loss) (1.67 ) (2.13 ) (0.11 ) 0.08   0.11   2.25   Increase (decrease) for the period 85.58 107.11 114.27 (61.33 ) (76.75 ) (77.65 ) Net asset value per Redeemable Unit, beginning of period 801.93 1,003.61 1,050.19 901.95 1,128.79 1,172.31 Net asset value per Redeemable Unit, end of period  $  887.51  $  1,110.72  $  1,164.46  $  840.62  $  1,052.04  $  1,094.66 Three Months Ended March 31, 2024 Three Months Ended March 31, 2023 Class A Class D Class Z Class A Class D Class Z Ratios to Average  Limited Partners’ Capital:** Net investment income (loss)*** 0.6   % 0.6   % 1.3   % 0.0   %**** 0.0   %**** 0.8   % Operating expenses 3.4 % 3.4 % 2.6 % 3.4 % 3.4 % 2.6 % Incentive fees 0.5 % 0.5 % 0.5 % -  % -  % -  % Total expenses 3.9 % 3.9 % 3.1 % 3.4 % 3.4 % 2.6 % Total return: Total return before incentive fees 11.2 % 11.2 % 11.4 % (6.8 ) % (6.8 ) % (6.6 ) % Incentive fees (0.5 ) % (0.5 ) % (0.5 ) % -  % -  % -  % Total return after incentive fees    10.7 %    10.7 %    10.9 %    (6.8 ) %    (6.8 ) %    (6.6 ) % * Net investment loss per Redeemable Unit is calculated by dividing the interest income less total expenses by the average number of Redeemable Units outstanding during the period. The net realized and unrealized gains (losses) per Redeemable Unit is a balancing amount necessary to reconcile the change in net asset value per Redeemable Unit with the other per unit information. ** Annualized (except for incentive fees). *** Interest income less total expenses. **** Due to rounding.

Trading Activities (Tables)

Trading Activities (Tables)	3 Months Ended
	Mar. 31, 2024
Brokers and Dealers [Abstract]
Summary of Gross and Net Amounts Recognized Relating to Assets and Liabilities of Partnership's Derivatives	The following tables summarize the gross and net amounts recognized relating to assets and liabilities of the Partnership’s derivatives and their offsetting subject to master netting arrangements or similar agreements as of March 31, 2024 and December 31, 2023, respectively. Gross Amounts  Gross Amounts  Offset in the Statements of Financial Condition Net Amounts  Presented in the  Statements of Financial Condition Gross Amounts Not Offset in the  Statements of Financial Condition  March 31, 2024    Financial  Instruments  Cash Collateral Received/ Pledged* Net Amount Assets Futures  $ 3,633,058    $ (1,876,064 )  $ 1,756,994  $ -   $ -   $ 1,756,994 Forwards 855,821 (671,741 ) 184,080 -  -  184,080 Total assets  $  4,488,879  $ (2,547,805 )  $ 1,941,074    $ -   $ -   $ 1,941,074   Liabilities Futures  $ (1,876,064 )  $ 1,876,064    $ -   $ -   $ -   $ -  Forwards (671,741 ) 671,741 -  -  -  -  Total liabilities  $ (2,547,805 )  $ 2,547,805  $ -   $ -   $ -   $ -  Net fair value  $   1,941,074 * Gross Amounts  Recognized   Gross Amounts  Offset in the Statements of Financial Condition Net Amounts  Presented in the  Statements of Financial Condition Gross Amounts Not Offset in the  Statements of Financial Condition  December 31, 2023    Financial  Instruments  Cash Collateral Received/ Pledged* Net Amount Assets Futures  $ 2,995,671    $ (2,625,198 )  $ 370,473  $ -    $ -    $ 370,473   Forwards 888,922 (888,922 ) -   -   -   -   Total assets  $ 3,884,593  $ (3,514,120 )  $ 370,473    $ -    $ -    $ 370,473 Liabilities Futures  $ (2,625,198 )  $ 2,625,198    $ -    $ -    $ -    $ -   Forwards (1,226,688 ) 888,922 (337,766 ) -   337,766   -   Total liabilities  $   (3,851,886 )  $   3,514,120  $ (337,766 )  $ -    $ 337,766  $ -   Net fair value  $   370,473 * * 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
Gross Fair Values of Derivative Instruments of Futures and Forward Contracts Traded	The following tables indicate the gross fair values of derivative instruments of futures and forward contracts held by the Partnership as separate assets and liabilities as of March 31, 2024 and December 31, 2023, respectively.  March 31,  2024 Assets Futures Contracts Currencies  $ 619,605   Energy 983,947 Grains 282,595 Indices 753,247 Interest Rates U.S. 29,563 Interest Rates Non-U.S. 227,783 Livestock 3,080 Metals 136,585 Softs 596,653 Total unrealized appreciation on open futures contracts 3,633,058 Liabilities Futures Contracts Currencies (505,989 ) Energy (299,664 ) Grains (347,072 ) Indices (405,997 ) Interest Rates U.S. (77,156 ) Interest Rates Non-U.S. (199,589 ) Livestock (1,520 ) Metals (8,317 ) Softs (30,760 ) Total unrealized depreciation on open futures contracts (1,876,064 ) Net unrealized appreciation on open futures contracts  $     1,756,994 * Assets Forward Contracts Currencies  $ 622,654 Metals 233,167 Total unrealized appreciation on open forward contracts 855,821 Liabilities Forward Contracts Currencies (318,090 ) Metals (353,651 ) Total unrealized depreciation on open forward contracts (671,741 ) Net unrealized appreciation on open forward contracts  $ 184,080 ** * This amount is in “Net unrealized appreciation 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, 2023 Assets Futures Contracts Currencies  $ 146,769 Energy 482,993 Grains 236,801 Indices 733,965 Interest Rates U.S. 130,664 Interest Rates Non-U.S. 559,490 Livestock 220 Metals 156,905 Softs 547,864 Total unrealized appreciation on open futures contracts     2,995,671 Liabilities Futures Contracts Currencies (239,168 ) Energy (996,165 ) Grains (184,709 ) Indices (245,853 ) Interest Rates U.S. (113,358 ) Interest Rates Non-U.S. (672,519 ) Metals (126,095 ) Softs (47,331 ) Total unrealized depreciation on open futures contracts (2,625,198 ) Net unrealized appreciation on open futures contracts  $ 370,473 * Assets Forward Contracts Currencies  $ 562,573 Metals 326,349 Total unrealized appreciation on open forward contracts 888,922 Liabilities Forward Contracts Currencies (691,946 ) Metals (534,742 ) Total unrealized depreciation on open forward contracts (1,226,688 ) Net unrealized depreciation on open forward contracts  $ (337,766 ) ** * 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.
Trading Gains and Losses by Market Sector on Derivative Instruments Traded	The following table indicates the trading gains and losses, by market sector, on derivative instruments traded by the Partnership for the three months ended March 31, 2024 and 2023, respectively. Three Months Ended March 31, Sector       2024 2023 Currencies  $ 715,336  $ (231,226 ) Energy 2,023,559 (1,934,525 ) Grains 545,769 233,564 Indices 1,470,096 358,660 Interest Rates U.S. 263,855 (1,316,475 ) Interest Rates Non-U.S. 125,463 (1,870,647 ) Livestock 1,590 1,750 Metals (241,096 ) 229,949 Softs 807,450 110,496 Total  $    5,712,022 ***  $   (4,418,454 ) *** *** This amount is included in “Total trading results” in the Statements of Income and Expenses.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Measured at Fair Value	As of March 31, 2024 and December 31, 2023 and for the periods ended March 31, 2024 and 2023, the Partnership 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). March 31, 2024    Total Level 1 Level 2 Level 3 Assets Futures  $    3,633,058  $    3,633,058  $ -   $ -  Forwards 855,821 -  855,821 -  Total Assets  $ 4,488,879  $ 3,633,058  $    855,821  $ -  Liabilities Futures  $ 1,876,064  $ 1,876,064  $ -   $ -  Forwards 671,741 -  671,741 -  Total Liabilities  $ 2,547,805    $ 1,876,064    $ 671,741    $ -    December 31, 2023   Total Level 1 Level 2 Level 3 Assets Futures  $ 2,995,671  $ 2,995,671  $ -   $ -  Forwards 888,922 -  888,922 -  Total Assets  $ 3,884,593  $ 2,995,671  $ 888,922  $        -  Liabilities Futures  $ 2,625,198  $ 2,625,198  $ -   $ -  Forwards 1,226,688 -  1,226,688 -  Total Liabilities  $ 3,851,886  $ 2,625,198  $ 1,226,688  $ -

Organization - Additional Infor

Organization - Additional Information (Detail) - $ / shares				3 Months Ended
	Jan. 01, 2021	Nov. 01, 2020	Jan. 01, 2018	Mar. 31, 2024	Oct. 07, 2004	Dec. 04, 2003	Apr. 30, 2003
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Number of redeemable units of limited partnership interest issued and sold during initial public offering							36,616
Redeemable Units per share							$ 1,000
Number of Redeemable Units authorized to be sold during initial public offering period					1,000,000	700,000	300,000
Maximum number of Redeemable Units sold by the Partnership				0
Monthly ongoing selling agent fee				0.75%
Dcm Systematic Advisors S A [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Maximum amount of partnership assets allocated to trading advisor				1.75
Class D Redeemable Units [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing selling agent fee			0.75%
Ongoing placement agent fees payable annually				0.75%
Class D Redeemable Units [Member] | Morgan Stanley Wealth Management [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing selling agent fee				0.75%
Class D Redeemable Units [Member] | Harbor Investment Advisory, LLC [Member] | Harbor Selling Agreement [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing placement agent fees payable annually				0.75%
Class A Redeemable Units [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing selling agent fee			0.75%
Minimum [Member] | Millburn Ridgefield Corporation [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Maximum amount of partnership assets allocated to trading advisor				1.5
Minimum [Member] | Episteme Capital Partners [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Maximum amount of partnership assets allocated to trading advisor		1.5
Maximum [Member] | Millburn Ridgefield Corporation [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Maximum amount of partnership assets allocated to trading advisor	2
Maximum [Member] | Episteme Capital Partners [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Maximum amount of partnership assets allocated to trading advisor		2

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Cash denominated in foreign currencies	$ 724,938	$ 745,796
Cash denominated in foreign currencies, proceeds	728,419	740,454
Restricted cash held for margin	10,245,004	$ 9,285,004
Uncertain tax position	$ 0
Open tax year	2020 2021 2022 2023
Cash overdrafts denominated in foreign currency	$ 724,938
Cash Overdrafts Denominated In Foreign Currency Proceeds	$ 728,419

Financial Highlights - Schedule

Financial Highlights - Schedule of Changes in Net Asset Value (Detail) - $ / shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Class A Redeemable Units [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the year):
Net realized and unrealized gains (losses)	$ 87.25	$ (61.41)
Net investment income (loss)	(1.67)	0.08
Increase (decrease) for the period	85.58	(61.33)
Net asset value per Redeemable Unit, beginning of period	801.93	901.95
Net asset value per Redeemable Unit, end of period	887.51	840.62
Class D Redeemable Units [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the year):
Net realized and unrealized gains (losses)	109.24	(76.86)
Net investment income (loss)	(2.13)	0.11
Increase (decrease) for the period	107.11	(76.75)
Net asset value per Redeemable Unit, beginning of period	1,003.61	1,128.79
Net asset value per Redeemable Unit, end of period	1,110.72	1,052.04
Class Z Redeemable Units [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the year):
Net realized and unrealized gains (losses)	114.38	(79.9)
Net investment income (loss)	(0.11)	2.25
Increase (decrease) for the period	114.27	(77.65)
Net asset value per Redeemable Unit, beginning of period	1,050.19	1,172.31
Net asset value per Redeemable Unit, end of period	$ 1,164.46	$ 1,094.66

Financial Highlights - Ratios t

Financial Highlights - Ratios to Average Limited Partners' Capital (Detail)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Class A Redeemable Units [Member]
Ratios to Average Limited Partners' Capital:
Net investment income (loss)	0.60%	0%
Operating expenses	3.40%	3.40%
Incentive fees	0.50%	0%
Total expenses	3.90%	3.40%
Total return:
Total return before incentive fees	11.20%	(6.80%)
Incentive fees	(0.50%)	0%
Total return after incentive fees	10.70%	(6.80%)
Class D Redeemable Units [Member]
Ratios to Average Limited Partners' Capital:
Net investment income (loss)	0.60%	0%
Operating expenses	3.40%	3.40%
Incentive fees	0.50%	0%
Total expenses	3.90%	3.40%
Total return:
Total return before incentive fees	11.20%	(6.80%)
Incentive fees	(0.50%)	0%
Total return after incentive fees	10.70%	(6.80%)
Class Z Redeemable Units [Member]
Ratios to Average Limited Partners' Capital:
Net investment income (loss)	1.30%	0.80%
Operating expenses	2.60%	2.60%
Incentive fees	0.50%	0%
Total expenses	3.10%	2.60%
Total return:
Total return before incentive fees	11.40%	(6.60%)
Incentive fees	(0.50%)	0%
Total return after incentive fees	10.90%	(6.60%)

Trading Activities - Additional

Trading Activities - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2024 USD ($) Contract	Mar. 31, 2023 USD ($) Contract
Futures Contracts [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Average number of derivative contracts held	4,309	3,571
Forward Contracts [Member] | Metals [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Average number of derivative contracts held	300	141
Forward Contracts [Member] | Currencies [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Average notional value of derivative | $ | $	$ 85,007,642	$ 148,928,137

Trading Activities - Summary of

Trading Activities - Summary of Gross and Net Amounts Recognized Relating to Assets and Liabilities of Partnership's Derivatives (Detail) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Derivative [Line Items]
Gross Amounts Recognized, Assets	$ 4,488,879	$ 3,884,593
Gross Amounts Offset in the Statements of Financial Condition, Assets	(2,547,805)	(3,514,120)
Amounts Presented in the Statements of Financial Condition, Assets	1,941,074	370,473
Financial Instruments, Assets	0	0
Cash Collateral Received/Pledged, Assets	0	0
Net Amount, Assets	1,941,074	370,473
Gross Amounts Recognized, Liabilities	(2,547,805)	(3,851,886)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities	2,547,805	3,514,120
Amounts Presented in the Statements of Financial Condition, Liabilities	0	(337,766)
Financial Instruments, Liabilities	0	0
Cash Collateral Received/Pledged, Liabilities	0	337,766
Net Amount, Liabilities	0	0
Net fair value	1,941,074	370,473
Futures Contracts [Member]
Derivative [Line Items]
Gross Amounts Recognized, Assets	3,633,058	2,995,671
Gross Amounts Offset in the Statements of Financial Condition, Assets	(1,876,064)	(2,625,198)
Amounts Presented in the Statements of Financial Condition, Assets	1,756,994	370,473
Financial Instruments, Assets	0	0
Cash Collateral Received/Pledged, Assets	0	0
Net Amount, Assets	1,756,994	370,473
Gross Amounts Recognized, Liabilities	(1,876,064)	(2,625,198)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities	1,876,064	2,625,198
Amounts Presented in the Statements of Financial Condition, Liabilities	0	0
Financial Instruments, Liabilities	0	0
Cash Collateral Received/Pledged, Liabilities	0	0
Net Amount, Liabilities	0	0
Forward Contracts [Member]
Derivative [Line Items]
Gross Amounts Recognized, Assets	855,821	888,922
Gross Amounts Offset in the Statements of Financial Condition, Assets	(671,741)	(888,922)
Amounts Presented in the Statements of Financial Condition, Assets	184,080	0
Financial Instruments, Assets	0	0
Cash Collateral Received/Pledged, Assets	0	0
Net Amount, Assets	184,080	0
Gross Amounts Recognized, Liabilities	(671,741)	(1,226,688)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities	671,741	888,922
Amounts Presented in the Statements of Financial Condition, Liabilities	0	(337,766)
Financial Instruments, Liabilities	0	0
Cash Collateral Received/Pledged, Liabilities	0	337,766
Net Amount, Liabilities	$ 0	$ 0

Trading Activities - Gross Fair

Trading Activities - Gross Fair Values of Derivative Instruments of Futures and Forward Contracts Traded (Detail) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Forward Contracts [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	$ 855,821	$ 888,922
Total unrealized depreciation on open contracts	(671,741)	(1,226,688)
Net unrealized appreciation (depreciation) on open contracts	184,080	(337,766)
Forward Contracts [Member] | Currencies [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	622,654	562,573
Total unrealized depreciation on open contracts	(318,090)	(691,946)
Forward Contracts [Member] | Metals [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	233,167	326,349
Total unrealized depreciation on open contracts	(353,651)	(534,742)
Futures Contracts [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	3,633,058	2,995,671
Total unrealized depreciation on open contracts	(1,876,064)	(2,625,198)
Net unrealized appreciation (depreciation) on open contracts	1,756,994	370,473
Futures Contracts [Member] | Currencies [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	619,605	146,769
Total unrealized depreciation on open contracts	(505,989)	(239,168)
Futures Contracts [Member] | Energy [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	983,947	482,993
Total unrealized depreciation on open contracts	(299,664)	(996,165)
Futures Contracts [Member] | Grains [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	282,595	236,801
Total unrealized depreciation on open contracts	(347,072)	(184,709)
Futures Contracts [Member] | Indices [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	753,247	733,965
Total unrealized depreciation on open contracts	(405,997)	(245,853)
Futures Contracts [Member] | Interest Rates U.S. [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	29,563	130,664
Total unrealized depreciation on open contracts	(77,156)	(113,358)
Futures Contracts [Member] | Interest Rates Non-U.S. [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	227,783	559,490
Total unrealized depreciation on open contracts	(199,589)	(672,519)
Futures Contracts [Member] | Livestock [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	3,080	220
Total unrealized depreciation on open contracts	(1,520)
Futures Contracts [Member] | Metals [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	136,585	156,905
Total unrealized depreciation on open contracts	(8,317)	(126,095)
Futures Contracts [Member] | Softs [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	596,653	547,864
Total unrealized depreciation on open contracts	$ (30,760)	$ (47,331)

Trading Activities - Trading Ga

Trading Activities - Trading Gains and Losses by Market Sector on Derivative Instruments Traded (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Derivative [Line Items]
Total trading results	$ 5,712,022	$ (4,418,454)
Currencies [Member]
Derivative [Line Items]
Total trading results	715,336	(231,226)
Energy [Member]
Derivative [Line Items]
Total trading results	2,023,559	(1,934,525)
Grains [Member]
Derivative [Line Items]
Total trading results	545,769	233,564
Indices [Member]
Derivative [Line Items]
Total trading results	1,470,096	358,660
Interest Rates U.S. [Member]
Derivative [Line Items]
Total trading results	263,855	(1,316,475)
Interest Rates Non-U.S. [Member]
Derivative [Line Items]
Total trading results	125,463	(1,870,647)
Livestock [Member]
Derivative [Line Items]
Total trading results	1,590	1,750
Metals [Member]
Derivative [Line Items]
Total trading results	(241,096)	229,949
Softs [Member]
Derivative [Line Items]
Total trading results	$ 807,450	$ 110,496

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - DerivativeInstrument	Mar. 31, 2024	Mar. 31, 2023
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instruments held	0	0

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Assets and Liabilities Measured at Fair Value (Detail) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Assets
Total assets	$ 4,488,879	$ 3,884,593
Liabilities
Total liabilities	2,547,805	3,851,886
Forward Contracts [Member]
Assets
Total assets	855,821	888,922
Liabilities
Total liabilities	671,741	1,226,688
Futures Contracts [Member]
Assets
Total assets	3,633,058	2,995,671
Liabilities
Total liabilities	1,876,064	2,625,198
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) [Member]
Assets
Total assets	3,633,058	2,995,671
Liabilities
Total liabilities	1,876,064	2,625,198
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) [Member] | Forward Contracts [Member]
Assets
Total assets	0
Liabilities
Total liabilities	0	0
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) [Member] | Futures Contracts [Member]
Assets
Total assets	3,633,058	2,995,671
Liabilities
Total liabilities	1,876,064	2,625,198
Significant Other Observable Inputs (Level 2) [Member]
Assets
Total assets	855,821	888,922
Liabilities
Total liabilities	671,741	1,226,688
Significant Other Observable Inputs (Level 2) [Member] | Forward Contracts [Member]
Assets
Total assets	855,821	888,922
Liabilities
Total liabilities	671,741	1,226,688
Significant Other Observable Inputs (Level 2) [Member] | Futures Contracts [Member]
Assets
Total assets	0	0
Liabilities
Total liabilities	0	0
Fair Value, Inputs, Level 3 [Member]
Assets
Total assets	0	0
Liabilities
Total liabilities	0	0
Fair Value, Inputs, Level 3 [Member] | Forward Contracts [Member]
Assets
Total assets	0
Liabilities
Total liabilities	0	0
Fair Value, Inputs, Level 3 [Member] | Futures Contracts [Member]
Assets
Total assets	0
Liabilities
Total liabilities	$ 0	$ 0

Financial Instrument Risks - Ad

Financial Instrument Risks - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2024
Concentration Risk [Line Items]
Financial instruments maturity period	1 year
Minimum [Member] | Credit Concentration Risk [Member] | Partnership's/Fund's Contracts [Member] | Over the Counter [Member]
Concentration Risk [Line Items]
Concentration risk percentage	0%
Maximum [Member] | Credit Concentration Risk [Member] | Partnership's/Fund's Contracts [Member] | Over the Counter [Member]
Concentration Risk [Line Items]
Concentration risk percentage	1.50%