Ceres Tactical Commodity 10-Q9 Nov 232023 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2023	Oct. 31, 2023
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Entity Registrant Name	CERES TACTICAL COMMODITY L.P.
Entity Central Index Key	0001325676
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	000-52602
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	20-2718952
Entity Address, Address Line One	522 Fifth Avenue
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10036
City Area Code	855
Local Phone Number	672-4468
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Quarterly Report	true
Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		53,570.3347
Class D [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		100.058
Class Z [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		488.237

Statements of Financial Conditi

Statements of Financial Condition - USD ($)		Sep. 30, 2023	Dec. 31, 2022
Assets:
Investment in the Fund, at fair value	[1]	$ 29,837,616	$ 26,810,748
Redemptions receivable from the Funds		831,553	654,211
Equity in trading account:
Unrestricted cash		113,966,368	118,776,357
Restricted cash		10,151,240	8,517,141
Foreign cash (cost $633,737 and $1,812,172 at September 30, 2023 and December 31, 2022, respectively)		615,154	1,864,283
Net unrealized appreciation on open contracts		816,859	2,034,807
Options purchased, at fair value (premiums paid $570,496 and $385,463 at September 30, 2023 and December 31, 2022, respectively)	[2]	120,214	616,956
Total equity in trading account		125,669,835	131,809,544
Interest receivable		496,268	388,632
Total assets		156,835,272	159,663,135
Liabilities:
Options written, at fair value (premiums received $619,432 and $484,852 at September 30, 2023 and December 31, 2022, respectively)	[3]	262,762	733,905
Accrued expenses:
Ongoing selling agent fees		96,085	96,686
Management fees		153,625	145,402
General Partner fees		97,637	99,130
Incentive fees		927,772	2,731,240
Professional fees		257,679	225,008
Redemptions payable to General Partner		0	25,000
Redemptions payable to Limited Partners		1,457,921	570,763
Total liabilities		3,253,481	4,627,134
Partners' Capital:
Total partners' capital (net asset value)		153,581,791	155,036,001
Total liabilities and partners' capital		156,835,272	159,663,135
Futures [Member]
Equity in trading account:
Net unrealized appreciation on open contracts		705,043	1,648,041
Class Z [Member]
Partners' Capital:
General Partner		1,705,804	1,645,339
Limited Partners		1,105,157	2,433,245
Total partners' capital (net asset value)		$ 2,810,961	$ 4,078,584
Net asset value per Redeemable Unit		$ 2,314.77	$ 2,232.72
Class A [Member]
Partners' Capital:
Limited Partners		$ 150,548,201	$ 149,662,300
Total partners' capital (net asset value)		$ 150,548,201	$ 149,662,300
Net asset value per Redeemable Unit		$ 2,805.87	$ 2,721.77
Class D [Member]
Partners' Capital:
Limited Partners		$ 222,629	$ 1,295,117
Total partners' capital (net asset value)		$ 222,629	$ 1,295,117
Net asset value per Redeemable Unit		$ 2,225	$ 2,158.32

[1]Defined in Note 1.[2]This amount is in “Options purchased, at fair value” in the Statements of Financial Condition.[3]This amount is in “Options written, at fair value” in the Statements of Financial Condition.

Statements of Financial Condi_2

Statements of Financial Condition (Parenthetical) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Options purchased, premiums paid	$ 570,496	$ 385,463
Options written, premiums received	$ 619,432	$ 484,852
General Partner Redeemable Units outstanding	736.921	736.921
Cash denominated in foreign currencies, proceeds	$ 633,737	$ 1,812,172
Class Z [Member]
Limited Partners Redeemable Units outstanding	477.437	1,089.811
Class A [Member]
Limited Partners Redeemable Units outstanding	53,654.7557	54,987.0707
Class D [Member]
Limited Partners Redeemable Units outstanding	100.058	600.058

Condensed Schedule of Investmen

Condensed Schedule of Investments		Sep. 30, 2023 USD ($) Contract		Dec. 31, 2022 USD ($) Contract
Schedule of Investments [Line Items]
Investment, Fair Value	[1]	$ 29,837,616		$ 26,810,748
Percentage of Partners' Capital		19.43%		17.29%
Futures [Member]
Schedule of Investments [Line Items]
Net unrealized depreciation on open contracts		$ 705,043		$ 1,648,041
Percentage of Partners' Capital		0.46%		1.06%
Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ (1,386,879)		$ 2,540,423
Percentage of Partners' Capital		(0.90%)		1.64%
Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ 120,214		$ 616,956
Percentage of Partners' Capital		0.08%		0.40%
Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ 2,091,922		$ (892,382)
Percentage of Partners' Capital		1.36%		(0.58%)
Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ (262,762)		$ (733,905)
Percentage of Partners' Capital		(0.17%)		(0.47%)
Metals [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		81		20
Investment, Fair Value		$ (10,961)		$ (20,621)
Percentage of Partners' Capital		(0.01%)		(0.01%)
Metals [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		174		41
Investment, Fair Value		$ 453,541		$ (7,121)
Percentage of Partners' Capital		0.30%		0%	[2]
Currencies [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		10		80
Investment, Fair Value		$ (1,334)		$ (134,909)
Percentage of Partners' Capital		0%	[2]	(0.09%)
Currencies [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		101		47
Investment, Fair Value		$ (36,341)		$ (28,841)
Percentage of Partners' Capital		(0.02%)		(0.02%)
Energy [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		805		566
Investment, Fair Value		$ (505,568)		$ 1,904,844
Percentage of Partners' Capital		(0.33%)		1.23%
Energy [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		450		449
Investment, Fair Value		$ 462,249		$ (779,927)
Percentage of Partners' Capital		0.30%		(0.51%)
Grains [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		368		817
Investment, Fair Value		$ (670,209)		$ 431,164
Percentage of Partners' Capital		(0.43%)		0.28%
Grains [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		1,437		141
Investment, Fair Value		$ 1,041,524		$ (105,482)
Percentage of Partners' Capital		0.67%		(0.07%)
Livestock [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		96		73
Investment, Fair Value		$ (83,432)		$ 40,700
Percentage of Partners' Capital		(0.05%)		0.03%
Livestock [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		45		23
Investment, Fair Value		$ 20,120		$ (2,420)
Percentage of Partners' Capital		0.01%		0%	[2]
Softs [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		253		574
Investment, Fair Value		$ (115,375)		$ 319,245
Percentage of Partners' Capital		(0.08%)		0.20%
Softs [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		236		202
Investment, Fair Value		$ 150,829		$ 31,409
Percentage of Partners' Capital		0.10%		0.02%
Forwards [Member]
Schedule of Investments [Line Items]
Net unrealized depreciation on open contracts	[3]	$ 111,816		$ 386,766
Total unrealized appreciation on open contracts		1,937,243		2,687,181
Total unrealized depreciation on open contracts		$ (1,825,427)		$ (2,300,415)
Percentage of Partners' Capital		0.07%		0.25%
Forwards [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		$ 1,937,243		$ 2,687,181
Total unrealized depreciation on open contracts		(1,825,427)		(2,300,415)
CMFNL Master Fund LLC [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ 11,584,101		$ 12,964,184
Percentage of Partners' Capital		7.54%		8.36%
CMF Drakewood Master Fund LLC [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ 18,253,515		$ 13,846,564
Percentage of Partners' Capital		11.89%		8.93%
Assets [Member] \| Forwards [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		$ 1,937,243		$ 2,687,181
Percentage of Partners' Capital		1.26%		1.73%
Assets [Member] \| Forwards [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		423		125
Total unrealized appreciation on open contracts		$ 1,937,243		$ 2,687,181
Percentage of Partners' Capital		1.26%		1.73%
Calls [Member] \| Metals [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		41		68
Investment, Fair Value		$ 35,281		$ 607,086
Percentage of Partners' Capital		0.02%		0.39%
Calls [Member] \| Metals [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		39		71
Investment, Fair Value		$ (40,952)		$ (695,142)
Percentage of Partners' Capital		(0.03%)		(0.45%)
Calls [Member] \| Grains [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		98
Investment, Fair Value		$ 5,513
Percentage of Partners' Capital		0.01%
Calls [Member] \| Grains [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract				11
Investment, Fair Value				$ (19,635)
Percentage of Partners' Capital				(0.01%)
Calls [Member] \| Livestock [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		4
Investment, Fair Value		$ (4,120)
Percentage of Partners' Capital	[2]	0%
Puts [Member] \| Metals [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		38		12
Investment, Fair Value		$ 79,420		$ 300
Percentage of Partners' Capital		0.05%		0%	[2]
Puts [Member] \| Metals [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		46		12
Investment, Fair Value		$ (120,760)		$ (300)
Percentage of Partners' Capital		(0.07%)		0%	[2]
Puts [Member] \| Energy [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		6		3
Investment, Fair Value		$ (23,880)		$ (6,750)
Percentage of Partners' Capital		(0.02%)		0%	[2]
Puts [Member] \| Grains [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		27		6
Investment, Fair Value		$ (73,050)		$ (12,078)
Percentage of Partners' Capital		(0.05%)		(0.01%)
Puts [Member] \| Livestock [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract				11
Investment, Fair Value				$ 9,570
Percentage of Partners' Capital				0.01%
Liabilities [Member] \| Forwards [Member]
Schedule of Investments [Line Items]
Total unrealized depreciation on open contracts		$ (1,825,427)		$ (2,300,415)
Percentage of Partners' Capital		(1.19%)		(1.48%)
Liabilities [Member] \| Forwards [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		406		106
Total unrealized depreciation on open contracts		$ (1,825,427)		$ (2,300,415)
Percentage of Partners' Capital		(1.19%)		(1.48%)

[1]Defined in Note 1.[2]Due to rounding.[3]This amount is in “Net unrealized appreciation on open forward contracts” in the Statements of Financial Condition.

Condensed Schedule of Investm_2

Condensed Schedule of Investments (Parenthetical) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Schedule of Investments [Abstract]
Options purchased, premium paid	$ 570,496	$ 385,463
Options written, premium received	$ 619,432	$ 484,852

Statements of Income and Expens

Statements of Income and Expenses - USD ($)		3 Months Ended		9 Months Ended
Statements of Income and Expenses - USD ($)		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Investment Income:
Interest income		$ 1,493,500	$ 538,815	$ 4,113,795	$ 675,204
Interest income allocated from the Funds		325,240	103,151	846,990	162,591
Total investment income		1,818,740	641,966	4,960,785	837,795
Expenses:
Expenses allocated from the Funds		46,617	28,370	122,463	144,684
Clearing fees related to direct investments		186,321	212,452	572,304	659,076
Ongoing selling agent fees		282,903	284,449	847,628	817,608
Management fees		454,934	454,171	1,351,298	1,244,444
General Partner fees		287,306	291,417	866,097	834,070
Incentive fees		242,826	426,693	927,773	5,650,564
Professional fees		111,355	124,640	337,766	362,406
Total expenses		1,612,262	1,822,192	5,025,329	9,712,852
Net investment income (loss)		206,478	(1,180,226)	(64,544)	(8,875,057)
Net gains (losses) on trading of commodity interests and investments in the Funds:
Net realized gains (losses) on closed contracts		8,100,048	1,129,824	8,323,086	(42,267,790)
Net realized gains (losses) on closed contracts allocated from the Funds		183,397	(984,940)	(1,736,576)	3,992,879
Net change in unrealized gains (losses) on open contracts		(914,862)	2,528,784	(1,364,694)	65,344,112
Net change in unrealized gains (losses) on open contracts allocated from the Funds		(836,209)	1,616,984	(551,896)	3,014,573
Total trading results		6,532,374	4,290,652	4,669,920	30,083,774
Net income (loss)		6,738,852	3,110,426	4,605,376	21,208,717
Class A [Member]
Net gains (losses) on trading of commodity interests and investments in the Funds:
Net income (loss)		$ 6,577,791	$ 2,998,365	$ 4,503,231	$ 20,607,654
Net income (loss) per Redeemable Unit	[1]	$ 121.62	$ 54.23	$ 84.1	$ 375.82
Weighted average Redeemable Units outstanding		54,212.292	54,960.808	54,968.4651	54,907.5884
Class D [Member]
Net gains (losses) on trading of commodity interests and investments in the Funds:
Net income (loss)		$ 35,206	$ 25,804	$ 17,349	$ 178,826
Net income (loss) per Redeemable Unit	[1]	$ 96.44	$ 43.01	$ 66.68	$ 298.02
Weighted average Redeemable Units outstanding		365.058	600.058	521.7247	600.058
Class Z [Member]
Net gains (losses) on trading of commodity interests and investments in the Funds:
Net income (loss)		$ 125,855	$ 86,257	$ 84,796	$ 422,237
Net income (loss) per Redeemable Unit	[1]	$ 104.52	$ 48.5	$ 82.05	$ 318.46
Weighted average Redeemable Units outstanding		1,184.4263	1,813.5447	1,621.4198	1,508.4578

[1]Represents the change in net asset value per Redeemable Unit during the period.

Statements of Changes in Partne

Statements of Changes in Partners' Capital - USD ($)	Total	Class A [Member]	Class D [Member]	Class Z [Member]	Limited Partners [Member]	Limited Partners [Member] Class A [Member]	Limited Partners [Member] Class D [Member]	Limited Partners [Member] Class Z [Member]
Partners' Capital, beginning of period at Dec. 31, 2021	$ 127,910,424	$ 124,645,209	$ 1,089,766	$ 2,175,449
Partners' Capital, Redeemable Units, beginning of period at Dec. 31, 2021	56,192.0847	54,425.1587	600.058	1,166.868
Subscriptions					$ 10,360,500	$ 8,785,500		$ 1,575,000
Subscriptions, Redeemable Units					4,191.52	3,447.032		744.488
Redemptions					$ (9,562,634)	$ (9,460,167)		$ (102,467)
Redemptions, Redeemable Units					(3,689.073)	(3,642.384)		(46.689)
Net income (loss)	$ 21,208,717	$ 20,607,654	$ 178,826	$ 422,237
Partners' Capital, end of period at Sep. 30, 2022	$ 149,917,007	$ 144,578,196	$ 1,268,592	$ 4,070,219
Partners' Capital, Redeemable Units, end of period at Sep. 30, 2022	56,694.5317	54,229.8067	600.058	1,864.667
Partners' Capital, beginning of period at Jun. 30, 2022	$ 146,580,587	$ 141,751,370	$ 1,242,788	$ 3,586,429
Partners' Capital, Redeemable Units, beginning of period at Jun. 30, 2022	56,553.8917	54,273.4647	600.058	1,680.369
Subscriptions					$ 4,905,500	$ 4,405,500		$ 500,000
Subscriptions, Redeemable Units					1,909.259	1,678.272		230.987
Redemptions					$ (4,679,506)	$ (4,577,039)		$ (102,467)
Redemptions, Redeemable Units					(1,768.619)	(1,721.93)		(46.689)
Net income (loss)	$ 3,110,426	$ 2,998,365	$ 25,804	$ 86,257
Partners' Capital, end of period at Sep. 30, 2022	$ 149,917,007	$ 144,578,196	$ 1,268,592	$ 4,070,219
Partners' Capital, Redeemable Units, end of period at Sep. 30, 2022	56,694.5317	54,229.8067	600.058	1,864.667
Partners' Capital, beginning of period at Dec. 31, 2022	$ 155,036,001	$ 149,662,300	$ 1,295,117	$ 4,078,584
Partners' Capital, Redeemable Units, beginning of period at Dec. 31, 2022	57,413.8607	54,987.0707	600.058	1,826.732
Subscriptions					$ 5,079,619	$ 4,842,119		$ 237,500
Subscriptions, Redeemable Units					1,903.928	1,797.095		106.833
Redemptions					$ (11,139,205)	$ (8,459,449)	$ (1,089,837)	$ (1,589,919)
Redemptions, Redeemable Units					(4,348.617)	(3,129.41)	(500)	(719.207)
Net income (loss)	$ 4,605,376	$ 4,503,231	$ 17,349	$ 84,796
Partners' Capital, end of period at Sep. 30, 2023	$ 153,581,791	$ 150,548,201	$ 222,629	$ 2,810,961
Partners' Capital, Redeemable Units, end of period at Sep. 30, 2023	54,969.1717	53,654.7557	100.058	1,214.358
Partners' Capital, beginning of period at Jun. 30, 2023	$ 149,198,725	$ 145,911,571	$ 777,048	$ 2,510,106
Partners' Capital, Redeemable Units, beginning of period at Jun. 30, 2023	55,859.1877	54,358.4647	365.058	1,135.665
Subscriptions					$ 600,000	$ 425,000		$ 175,000
Subscriptions, Redeemable Units					236.576	157.883		78.693
Redemptions					$ (2,955,786)	$ (2,366,161)	$ (589,625)
Redemptions, Redeemable Units					(1,126.592)	(861.592)	(265)
Net income (loss)	$ 6,738,852	$ 6,577,791	$ 35,206	$ 125,855
Partners' Capital, end of period at Sep. 30, 2023	$ 153,581,791	$ 150,548,201	$ 222,629	$ 2,810,961
Partners' Capital, Redeemable Units, end of period at Sep. 30, 2023	54,969.1717	53,654.7557	100.058	1,214.358

Organization

Organization	9 Months Ended
Organization	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization: Ceres Tactical Commodity L.P. (the “Partnership”) is a limited partnership organized on April 20, 2005 under the partnership laws of the State of New York to engage, directly and indirectly, in the speculative trading of commodity interests on United States (“U.S.”) and international futures, options on futures and forward markets. The Partnership may also engage, directly or indirectly, in swap transactions and other derivative transactions with the approval of the General Partner (as defined below). Initially, the Partnership’s investment strategy focused on energy and energy-related investments. While the Partnership is expected to continue to have significant exposure to energy and energy-related markets, such trading will no longer be the Partnership’s primary focus. Therefore, the Partnership’s past trading performance will not necessarily be indicative of future results. The sectors traded include energy, grains, livestock, metals and softs. The commodity interests that are traded by the Partnership, directly or indirectly through its investment in the Funds (as defined below) are volatile and involve a high degree of market risk. The General Partner may also determine to invest up to all of the Partnership’s assets (directly or indirectly through its investment in the Funds) in U.S. Treasury bills and/or money market mutual funds, including money market mutual funds managed by Morgan Stanley or its affiliates. During the initial offering period, the Partnership sold 11,925 redeemable units of limited partnership interest (“Redeemable Units”). The Partnership commenced trading on September 6, 2005. The Partnership 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, is the trading manager (the “Trading Manager”) of NL Master (as defined below) and Drakewood Master (as defined below), and was the trading manager of GSL Master (as defined below). 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. As of September 30, 2023, all trading decisions are made for the Partnership by Millburn Ridgefield Corporation (“Millburn”), Ospraie Management, LLC (“Ospraie”), Northlander Commodity Advisors LLP (“Northlander”), Drakewood Capital Management Limited (“Drakewood”), EMC Capital Advisors, LLC (“EMC”) and Opus Futures, LLC (“Opus”) (each, an “Advisor” and, collectively, the “Advisors”), each, a registered commodity trading advisor. On June 30, 2022, the Partnership fully redeemed its investment from CMF GSL Master Fund LLC (“GSL Master”). Also effective June 30, 2022, Geosol Capital, LLC (“Geosol”) ceased to act as a commodity trading advisor to the Partnership. Effective October 31, 2022, Pan Capital Management L.P. (“Pan”) ceased to act as a commodity trading advisor to the Partnership. References herein to the “Advisors” may include, as relevant, Pan and Geosol. Each Advisor is allocated a portion of the Partnership’s assets to manage. The Partnership invests the portion of its assets allocated to each of the Advisors either directly, through individually managed accounts, or indirectly through its investment in the Funds. The Advisors are not affiliated with one another, are not affiliated with the General Partner and MS&Co. and are not responsible for the organization or operation of the Partnership. As of June 13, 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 October 31, 2016 were deemed “Class A Redeemable Units.” Class Z Redeemable Units were first issued on January 1, 2017. The rights, liabilities, risks and fees associated with investment in the Class A Redeemable Units were not changed. Class D Redeemable Units were first issued on July 1, 2018. The rights, liabilities, risks and fees associated with investment in the Class A Redeemable Units and Class Z Redeemable Units were not changed. Class A Redeemable Units, Class D Redeemable Units and Class Z Redeemable Units will each be referred to as a “Class” and collectively referred to as the “Classes.” Class A Redeemable Units are and Class D Redeemable Units were available to taxable U.S. individuals and institutions, U.S. tax exempt individuals and institutions and non-U.S. During the reporting periods ended September 30, 2023 and 2022, the Partnership’s/Funds’ commodity broker was Morgan Stanley & Co. LLC (“MS&Co.”), a registered futures commission merchant. Opus, EMC, Millburn and Ospraie directly trade the Partnership’s assets allocated to each Advisor through managed accounts in the name of the Partnership pursuant to Opus’s Advanced Ag Program, EMC’s Commodity Program, Millburn’s Commodity Program and Ospraie’s Commodity Program, respectively. The Partnership, CMF NL Master Fund LLC (“NL Master”) and CMF Drakewood Master Fund LLC (“Drakewood Master”) have, and GSL Master had, entered into futures brokerage account agreements with MS&Co. NL Master and Drakewood Master are collectively referred to as the “Funds.” References herein to “Funds” may also include, as relevant, GSL Master. The Partnership, directly and through its investment in the Funds, pays MS&Co. (or will reimburse MS&Co. if previously paid) its allocable share of all trading fees for the clearing and, where applicable, the execution of transactions as well as exchange, user, give-up, The Partnership has also entered into a selling agreement (as amended, the “Selling Agreement”) with Morgan Stanley Wealth Management. Pursuant to the Selling Agreement, the Partnership pays Morgan Stanley Wealth Management a monthly ongoing selling agent fee equal to 0.75% per year of the adjusted month-end Effective January 1, 2021, the management fee paid to Millburn was reduced to 1/12 of 1.0% (1.0% per year) of the adjusted 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 each 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	9 Months Ended
	Sep. 30, 2023
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 September 30, 2023 and the results of its operations and changes in partners’ capital for the three and nine months ended September 30, 2023 and 2022. 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 Investment in the Funds. Partnership’s/Funds’ Derivative Investments. first-in, first-out The Partnership/Funds do not isolate the portion of the results of operations arising from the effect of changes in foreign exchange rates on investments due to fluctuations from changes in market prices of investments held. Such fluctuations are included in total trading results in the Partnership’s/Funds’ Statements of Income and Expenses. Partnership’s Cash Income Taxes. “Income Taxes,” “more-likely-than-not” more-likely-than-not The 2019 through 2022 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

Financial Highlights

Financial Highlights	9 Months Ended
Financial Highlights	Sep. 30, 2023
Investment Company [Abstract]
Financial Highlights	3. Financial Highlights: Financial highlights for the limited partner Classes as a whole for the three and nine months ended September 30, 2023 and 2022 were as follows. Three Months Ended September 30, 2023 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Class A Class D Class Z Class A Class D Class Z 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 $ 117.99 $ 93.57 $ 97.38 $ 75.11 $ 59.50 $ 61.04 $ 85.54 $ 69.22 $ 72.08 $ 533.24 $ 422.96 $ 422.09 Net investment income (loss) 3.63 2.87 7.14 (20.88) (16.49) (12.54) (1.44) (2.54) 9.97 (157.42) (124.94) (103.63) Increase (decrease) for the 121.62 96.44 104.52 54.23 43.01 48.50 84.10 66.68 82.05 375.82 298.02 318.46 Net asset value per 2,684.25 2,128.56 2,210.25 2,611.80 2,071.11 2,134.31 2,721.77 2,158.32 2,232.72 2,290.21 1,816.10 1,864.35 Net asset value per $ 2,805.87 $ 2,225.00 $ 2,314.77 $ 2,666.03 $ 2,114.12 $ 2,182.81 $ 2,805.87 $ 2,225.00 $ 2,314.77 $ 2,666.03 $ 2,114.12 $ 2,182.81 Three Months Ended September 30, 2023 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Ratios to Average Limited Partners’ Capital: ** Net investment income 1.0 % 1.2 % 1.8 % (2.3) % (2.3) % (1.6) % 0.1 % - % 0.8 % (7.0) % (7.0) % (5.1) % Operating expenses 3.6 % 4.4 % 2.9 % 3.7 % 3.7 % 3.0 % 3.6 % 3.9 % 3.0 % 3.8 % 3.8 % 3.2 % Incentive fees 0.2 % 0.2 % 0.2 % 0.3 % 0.3 % 0.3 % 0.6 % 0.7 % 0.7 % 4.0 % 4.0 % 3.0 % Total expenses 3.8 % 4.6 % 3.1 % 4.0 % 4.0 % 3.3 % 4.2 % 4.6 % 3.7 % 7.8 % 7.8 % 6.2 % Total return: Total return before 4.7 % 4.7 % 4.9 % 2.4 % 2.4 % 2.5 % 3.7 % 3.7 % 4.3 % 20.8 % 20.8 % 20.3 % Incentive fees (0.2) % (0.2) % (0.2) % (0.3) % (0.3) % (0.2) % (0.6) % (0.6) % (0.6) % (4.4) % (4.4) % (3.2) % Total return after incentive 4.5 % 4.5 % 4.7 % 2.1 % 2.1 % 2.3 % 3.1 % 3.1 % 3.7 % 16.4 % 16.4 % 17.1 % * Net investment income (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. 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 Classes using the limited partners’ share of income, expenses and average partners’ capital of the Partnership and include the income and expenses allocated from the Funds.

Trading Activities

Trading Activities	9 Months Ended
Trading Activities	Sep. 30, 2023
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 interests. The results of the Partnership’s trading activities are shown in the Statements of Income and Expenses. The Partnership also invests certain of its assets through a “master/feeder” structure. The Partnership’s pro-rata The futures brokerage account agreements with MS&Co. give the Partnership and the Funds, respectively, the legal right to net unrealized gains and losses on open futures and forward contracts in their respective Statements of Financial Condition. The Partnership and the Funds net, for financial reporting purposes, the unrealized gains and losses on open futures and open forward contracts in their respective Statements of Financial Condition, as the criteria under ASC 210-20, “Balance Sheet,” All of the commodity interests owned directly by the Partnership are held for trading purposes. All of the commodity interests owned by the Funds are held for trading purposes. The monthly average number of futures contracts traded directly by the Partnership during the three months ended September 30, 2023 and 2022 were 4,334 and 32,547, respectively. The monthly average number of futures contracts traded directly by the Partnership during the nine months ended September 30, 2023 and 2022 were 4,791 and 33,975, respectively. The monthly average number of metals forward contracts traded directly by the Partnership during the three months ended September 30, 2023 and 2022 were 1,032 and 863, respectively. The monthly average number of metals forward contracts traded directly by the Partnership during the nine months ended September 30, 2023 and 2022 were 998 and 900, respectively. The monthly average number of option contracts traded directly by the Partnership during the three months ended September 30, 2023 and 2022 were 795 and 3,489, respectively. The monthly average number of option contracts traded directly by the Partnership during the nine months ended September 30, 2023 and 2022 were 1,202 and 5,540, respectively. Trading and transaction fees are based on the number of trades executed by the Advisors and the Partnership’s respective percentage ownership of each Fund. All clearing fees paid to MS&Co. are borne directly by the Partnership for its direct trading. In addition, clearing fees are borne by the Funds for indirect trading and allocated to the Funds’ members, including the Partnership. 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 September 30, 2023 and December 31, 2022, respectively. Gross Amounts Amounts Gross Amounts Not Offset in the Offset in the Presented in the Statements of Financial Condition Gross Statements of Statements of Cash Collateral Amounts Financial Financial Financial Received/ September 30, 2023 Recognized Condition Condition Instruments Pledged* Net Amount Assets Futures $ 2,514,774 $ (1,809,731) $ 705,043 $ - $ - $ 705,043 Forwards 1,937,243 (1,825,427) 111,816 - - 111,816 Total assets $ 4,452,017 $ (3,635,158) $ 816,859 $ - $ - $ 816,859 Liabilities Futures $ (1,809,731) $ 1,809,731 $ - $ - $ - $ - Forwards (1,825,427) 1,825,427 - - - - Total liabilities $ (3,635,158) $ 3,635,158 $ - $ - $ - $ - Net fair value $ 816,859 * Gross Amounts Amounts Gross Amounts Not Offset in the December 31, 2022 Gross Amounts Statements of Statements of Financial Cash Collateral Net Amount Assets Futures $ 3,458,980 $ (1,810,939 ) $ 1,648,041 $ - $ - $ 1,648,041 Forwards 2,687,181 (2,300,415 ) 386,766 - - 386,766 Total assets $ 6,146,161 $ (4,111,354 ) $ 2,034,807 $ - $ - $ 2,034,807 Liabilities Futures $ (1,810,939 ) $ 1,810,939 $ - $ - $ - $ - Forwards (2,300,415 ) 2,300,415 - - - - Total liabilities $ (4,111,354 ) $ 4,111,354 $ - $ - $ - $ - Net fair value $ 2,034,807 * * 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, forward and option contracts held directly by the Partnership as separate assets and liabilities as of September 30, 2023 and December 31, 2022, respectively. September 30, 2023 Assets Futures Contracts Currencies $ 1,512 Energy 718,084 Grains 1,062,179 Livestock 20,170 Metals 512,715 Softs 200,114 Total unrealized appreciation on open futures contracts 2,514,774 Liabilities Futures Contracts Currencies (39,187) Energy (761,403) Grains (690,864) Livestock (83,482) Metals (70,135) Softs (164,660) Total unrealized depreciation on open futures contracts (1,809,731) Net unrealized appreciation on open futures contracts $ 705,043 * Assets Forward Contracts Metals $ 1,937,243 Total unrealized appreciation on open forward contracts 1,937,243 Liabilities Forward Contracts Metals (1,825,427) Total unrealized depreciation on open forward contracts (1,825,427) Net unrealized appreciation on open forward contracts $ 111,816 Assets Options Purchased Grains $ 5,513 Metals 114,701 Total options purchased $ 120,214 * Liabilities Options Written Energy $ (23,880) Grains (73,050) Livestock (4,120) Metals (161,712) Total options written $ (262,762) **** * 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. * This amount is in “Options purchased, at fair value” in the Statements of Financial Condition. **** This amount is in “Options written, at fair value” in the Statements of Financial Condition. December 31, 2022 Assets Futures Contracts Energy $ 2,380,931 Grains 532,999 Livestock 62,710 Metals 6,542 Softs 475,798 Total unrealized appreciation on open futures contracts 3,458,980 Liabilities Futures Contracts Currencies (163,750) Energy (1,256,014) Grains (207,317) Livestock (24,430) Metals (34,284) Softs (125,144) Total unrealized depreciation on open futures contracts (1,810,939) Net unrealized appreciation on open futures contracts $ 1,648,041 * Assets Forward Contracts Metals $ 2,687,181 Total unrealized appreciation on open forward contracts 2,687,181 Liabilities Forward Contracts Metals (2,300,415) Total unrealized depreciation on open forward contracts (2,300,415) Net unrealized appreciation on open forward contracts $ 386,766 Assets Options Purchased Livestock $ 9,570 Metals 607,386 Total options purchased $ 616,956 * Liabilities Options Written Energy $ (6,750) Grains (31,713) Metals (695,442) Total options written $ (733,905) **** * 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. * This amount is in “Options purchased, at fair value” in the Statements of Financial Condition. ** This amount is in “Options written, at fair value” in the Statements of Financial Condition. The following table indicates the trading gains and losses, by market sector, on derivative instruments traded directly by the Partnership for the three and nine months ended September 30, 2023 and 2022. Three Months Ended September 30, Nine Months Ended September 30, Sector 2023 2022 2023 2022 Currencies $ (145,963) $ (330,135) $ (366,543) $ (599,296) Energy 5,856,446 3,660,824 2,644,153 21,843,037 Grains 1,275,354 272,444 587,362 1,609,425 Indices - (32,723) - 388,927 Livestock (328,056) 35,327 1,332,165 65,013 Metals 214,920 (218,805) 508,263 (1,435,358) Softs 312,485 271,676 2,252,992 1,204,574 Total $ 7,185,186 * $ 3,658,608 * $ 6,958,392 * $ 23,076,322 * *** This amount is included in “Total trading results” in the Statements of Income and Expenses.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements: Partnership’s and the Funds’ 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 and the Funds consider prices for commodity futures, swap and option contracts to be based on unadjusted quoted prices in active markets for identical assets and liabilities (Level 1). The values of U.S. Treasury bills, non-exchange-traded futures, forward, swap and certain option contracts for which market quotations are not readily available are priced by pricing services that derive fair values for those assets and liabilities from observable inputs (Level 2). As of September 30, 2023 and December 31, 2022 and for the periods ended September 30, 2023 and 2022, the Partnership and the Funds 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). September 30, 2023 Total Level 1 Level 2 Level 3 Assets Futures $ 2,514,774 $ 2,514,774 $ - $ - Forwards 1,937,243 - 1,937,243 - Options purchased 120,214 120,214 - - Total assets $ 4,572,231 $ 2,634,988 $ 1,937,243 $ - Liabilities Futures $ 1,809,731 $ 1,809,731 $ - $ - Forwards 1,825,427 - 1,825,427 - Options written 262,762 262,762 - - Total liabilities $ 3,897,920 $ 2,072,493 $ 1,825,427 $ - December 31, 2022 Total Level 1 Level 2 Level 3 Assets Futures $ 3,458,980 $ 3,458,980 $ - $ - Forwards 2,687,181 - 2,687,181 - Options purchased 616,956 616,956 - - Total assets $ 6,763,117 $ 4,075,936 $ 2,687,181 $ - Liabilities Futures $ 1,810,939 $ 1,810,939 $ - $ - Forwards 2,300,415 - 2,300,415 - Options written 733,905 733,905 - - Total liabilities $ 4,845,259 $ 2,544,844 $ 2,300,415 $ - The Investment in the Funds measured using the net asset value per share practical expedient is not required to be included in the fair value hierarchy. Please refer to the Condensed Schedules of Investments as of September 30, 2023 and December 31, 2022, respectively.

Investment in the Funds

Investment in the Funds	9 Months Ended
Investment in the Funds	Sep. 30, 2023
Schedule of Investments [Abstract]
Investment in the Funds	6. Investment in the Funds: On April 1, 2019, the Partnership allocated a portion of its assets to NL Master, a limited liability company organized under the limited liability company laws of the State of Delaware. NL Master permits accounts managed by Northlander using Northlander’s Commodity Program, a proprietary, discretionary trading system, to invest together in one trading vehicle. The General Partner is also the trading manager of NL Master. Individual and pooled accounts currently managed by Northlander, including the Partnership, are permitted to be members of NL Master. The Trading Manager and Northlander believe that trading through this master/feeder structure should promote efficiency and economy in the trading process. On May 1, 2022, the Partnership allocated a portion of its assets to Drakewood Master, a limited liability company organized under the limited liability company laws of the State of Delaware. Drakewood Master permits accounts managed by Drakewood using Drakewood’s Drakewood Prospect Fund Strategy, a proprietary, discretionary trading system, to invest together in one trading vehicle. The General Partner is also the trading manager of Drakewood Master. Individual and pooled accounts currently managed by Drakewood, including the Partnership, are permitted to be members of Drakewood Master. The Trading Manager and Drakewood believe that trading through the master/feeder structure should promote efficiency and economy in the trading process. On November 1, 2020, the Partnership allocated a portion of its assets to GSL Master, a limited liability company organized under the limited liability company laws of the State of Delaware. GSL Master permitted accounts managed by Geosol using Geosol’s U.S. Power and Natural Gas Program, a proprietary, discretionary trading system, to invest together in one trading vehicle. On June 30, 2022, the Partnership fully redeemed its investment from GSL Master. The General Partner is not aware of any material changes to the trading programs discussed above or in Note 1, “Organization” during the fiscal quarter ended September 30, 2023. The Partnership’s/Funds’ trading of futures, forward, swap and option contracts, if applicable, on commodities is done primarily on U.S. commodity exchanges and foreign commodity exchanges. The Partnership/Funds engage in such trading through commodity brokerage accounts maintained with MS&Co. Generally, a member in the Funds withdraws all or part of its capital contribution and undistributed profits, if any, from the Funds as of the end of any month (the “Redemption Date”) after a request has been made to the Trading Manager at least three days in advance of the Redemption Date. Such withdrawals are classified as a liability when the member elects to redeem and informs the Funds. However, a member may request a withdrawal as of the end of any day if such request is received by the Trading Manager at least three days in advance of the proposed withdrawal date. Management fees, General Partner fees, ongoing selling agent fees and incentive fees are charged at the Partnership level. All clearing fees paid to MS&Co. are borne directly by the Partnership for its direct trading. In addition, clearing fees are borne by the Funds and allocated to the Funds’ members, including the Partnership. Professional fees are borne by the Funds and allocated to the Partnership, and are also charged directly at the Partnership level. At September 30, 2023, the Partnership owned approximately % of NL Master and % of Drakewood Master. At December 31, 2022, the Partnership owned approximately % of NL Master and % of Drakewood Master. It is the Partnership’s intention to continue to invest in the Funds. The performance of the Partnership is directly affected by the performance of the Funds. Expenses to investors as a result of the investment in the Funds are approximately the same as they would be if the Partnership traded directly and redemption rights are not affected. Summarized information reflecting the total assets, liabilities and members’ capital of the Funds is shown in the following tables: September 30, 2023 Total Assets Total Liabilities Total Capital NL Master $ 41,868,073 $ 129,570 $ 41,738,503 Drakewood Master 54,936,549 4,467,133 50,469,416 December 31, 2022 Total Assets Total Liabilities Total Capital NL Master $ 47,648,689 $ 2,382,869 $ 45,265,820 Drakewood Master 45,395,672 1,898,283 43,497,389 Summarized information reflecting the net investment income (loss), total trading results and net income (loss) of the Funds is shown in the following tables: For the three months ended September 30, 2023 Net Investment Income (Loss) Total Trading Results Net Income (Loss) NL Master $ 490,050 $ (1,810,673) $ (1,320,623) Drakewood Master 376,530 (414,050) (37,520) For the nine months ended September 30, 2023 Net Investment Income (Loss) Total Trading Results Net Income (Loss) NL Master $ 1,294,937 $ (5,302,980) $ (4,008,043) Drakewood Master 1,018,482 (2,157,325) (1,138,843) For the three months ended September 30, 2022 Net Investment Income (Loss) Total Trading Results Net Income (Loss) NL Master $ 162,938 $ 2,109,657 $ 2,272,595 Drakewood Master 103,477 458,651 562,128 For the nine months ended September 30, 2022 Net Investment Income (Loss) Total Trading Results Net Income (Loss) GSL Master $ (49,612) $ 3,221,886 $ 3,172,274 NL Master 140,150 15,876,257 16,016,407 Drakewood Master (a) 97,288 (1,671,264) (1,573,976) (a) From May 1, 2022, commencement of operations for Drakewood Master, through September 30, 2022. Summarized information reflecting the Partnership’s investments in and the Partnership’s pro-rata September 30, 2023 For the three months ended September 30, 2023 Expenses Funds % of Partners’ Capital Fair Value Income (Loss) Clearing Fees Professional Net Income (Loss) Investment Objective Redemptions NL Master 7.54 % $ 11,584,101 $ (354,779) $ 5,798 $ 4,450 $ (365,027) Commodity Portfolio Monthly Drakewood Master 11.89 % 18,253,515 27,207 29,860 6,509 (9,162) Commodity Portfolio Monthly $ 29,837,616 $ (327,572) $ 35,658 $ 10,959 $ (374,189) September 30, 2023 For the nine months ended September 30, 2023 Expenses Funds % of Partners’ Capital Fair Value Income (Loss) Clearing Fees Professional Net Income (Loss) Investment Objective Redemptions NL Master 7.54 % $ 11,584,101 $ (1,078,100) $ 16,674 $ 13,371 $ (1,108,145) Commodity Portfolio Monthly Drakewood Master 11.89 % 18,253,515 (363,382) 74,344 18,074 (455,800) Commodity Portfolio Monthly $ 29,837,616 $ (1,441,482) $ 91,018 $ 31,445 $ (1,563,945) December 31, 2022 For the three months ended September 30, 2022 % of Partners’ Capital Expenses Funds Fair Value Income Clearing Fees Professional Net Investment Objective Redemptions NL Master 8.36 % $ 12,964,184 $ 549,284 $ 5,150 $ 4,165 $ 539,969 Commodity Portfolio Monthly Drakewood Master 8.93 % 13,846,564 185,911 11,470 7,585 166,856 Commodity Portfolio Monthly $ 26,810,748 $ 735,195 $ 16,620 $ 11,750 $ 706,825 December 31, 2022 For the nine months ended September 30, 2022 % of Partners’ Capital Expenses Funds Fair Value Income (Loss) Clearing Fees Professional Net Investment Objective Redemptions GSL Master (a) - % $ - $ 3,254,806 $ 29,730 $ 52,803 $ 3,172,273 Commodity Portfolio Monthly NL Master 8.36 % 12,964,184 4,308,161 17,591 12,436 4,278,134 Commodity Portfoli Monthly Drakewood Master (b) 8.93 % 13,846,564 (392,924 ) 19,828 12,296 (425,048 ) Commodity Portfolio Monthly $ 26,810,748 $ 7,170,043 $ 67,149 $ 77,535 $ 7,025,359 (a) From January 1, 2022 through June 30, 2022, the date the Partnership fully redeemed its investment in GSL Master. (b) The Partnership first invested into Drakewood Master on May 1, 2022.

Financial Instrument Risks

Financial Instrument Risks	9 Months Ended
Financial Instrument Risks	Sep. 30, 2023
Investments, All Other Investments [Abstract]
Financial Instrument Risks	7. Financial Instrument Risks: In the normal course of business, the Partnership and the Funds are parties to financial instruments with off-balance-sheet over-the-counter Futures Contracts. London Metal Exchange Forward Contracts. Options. marked-to-market marked-to-market As both a buyer and seller of options, the Partnership/Funds pay or receive a premium at the outset and then bear the risk of unfavorable changes in the price of the contract underlying the option. Written options expose the Partnership/Funds to potentially unlimited liability; for purchased options, the risk of loss is limited to the premiums paid. Certain written put options permit cash settlement and do not require the option holder to own the reference asset. The Partnership/Funds do not consider these contracts to be guarantees. Futures-Style Options Market risk is the potential for changes in the value of the financial instruments traded by the Partnership/Funds 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 and the Funds are 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/Funds’ risk of loss in the event of a counterparty default is typically limited to the amounts recognized in the Statements of Financial Condition and is not represented by the contract or notional amounts of the instruments. The Partnership’s/Funds’ risk of loss is reduced through the use of legally enforceable master netting agreements with counterparties that permit the Partnership/Funds to offset unrealized gains and losses and other assets and liabilities with such counterparties upon the occurrence of certain events. The Partnership/Funds have credit risk and concentration risk, as MS&Co. or an MS&Co. affiliate are counterparties or brokers with respect to the Partnership’s/Funds’ assets. Credit risk with respect to exchange-traded The General Partner/Trading Manager monitors and attempts to mitigate the Partnership’s/Funds’ risk exposure on a daily basis through financial, credit and risk management monitoring systems and, accordingly, believes that it has effective procedures for evaluating and limiting the credit and market risks to which the Partnership/Funds may be subject. These monitoring systems generally allow the General Partner/Trading Manager to statistically analyze actual trading results with risk-adjusted The majority of these financial instruments mature within one year of the inception date. However, due to the nature of the Partnership’s/Funds’ business, these instruments may not be 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/Funds enter into contracts and agreements that contain various representations and warranties and which provide general indemnifications. The Partnership’s/Funds’ maximum exposure under these arrangements cannot be determined, as this could include future claims that have not yet been made against the Partnership/Funds. The General Partner/Trading Manager considers 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	9 Months Ended
Subsequent Events	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	8. Subsequent Events: The General Partner evaluates events that occur after the balance sheet date but before and up until financial statements are available to be issued. The General Partner has assessed the subsequent events through the date the financial statements were issued and has determined that there were no subsequent events requiring adjustment to or disclosure in the financial statements.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
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 Investment in the Funds	Partnership’s Investment in the Funds.
Partnership's/Funds' Derivative Investments	Partnership’s/Funds’ Derivative Investments. first-in, first-out The Partnership/Funds do not isolate the portion of the results of operations arising from the effect of changes in foreign exchange rates on investments due to fluctuations from changes in market prices of investments held. Such fluctuations are included in total trading results in the Partnership’s/Funds’ 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 The 2019 through 2022
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

Financial Highlights (Tables)

Financial Highlights (Tables)	9 Months Ended
Financial Highlights (Tables)	Sep. 30, 2023
Investment Company [Abstract]
Financial Highlights	Financial highlights for the limited partner Classes as a whole for the three and nine months ended September 30, 2023 and 2022 were as follows. Three Months Ended September 30, 2023 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Class A Class D Class Z Class A Class D Class Z 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 $ 117.99 $ 93.57 $ 97.38 $ 75.11 $ 59.50 $ 61.04 $ 85.54 $ 69.22 $ 72.08 $ 533.24 $ 422.96 $ 422.09 Net investment income (loss) 3.63 2.87 7.14 (20.88) (16.49) (12.54) (1.44) (2.54) 9.97 (157.42) (124.94) (103.63) Increase (decrease) for the 121.62 96.44 104.52 54.23 43.01 48.50 84.10 66.68 82.05 375.82 298.02 318.46 Net asset value per 2,684.25 2,128.56 2,210.25 2,611.80 2,071.11 2,134.31 2,721.77 2,158.32 2,232.72 2,290.21 1,816.10 1,864.35 Net asset value per $ 2,805.87 $ 2,225.00 $ 2,314.77 $ 2,666.03 $ 2,114.12 $ 2,182.81 $ 2,805.87 $ 2,225.00 $ 2,314.77 $ 2,666.03 $ 2,114.12 $ 2,182.81 Three Months Ended September 30, 2023 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Ratios to Average Limited Partners’ Capital: ** Net investment income 1.0 % 1.2 % 1.8 % (2.3) % (2.3) % (1.6) % 0.1 % - % 0.8 % (7.0) % (7.0) % (5.1) % Operating expenses 3.6 % 4.4 % 2.9 % 3.7 % 3.7 % 3.0 % 3.6 % 3.9 % 3.0 % 3.8 % 3.8 % 3.2 % Incentive fees 0.2 % 0.2 % 0.2 % 0.3 % 0.3 % 0.3 % 0.6 % 0.7 % 0.7 % 4.0 % 4.0 % 3.0 % Total expenses 3.8 % 4.6 % 3.1 % 4.0 % 4.0 % 3.3 % 4.2 % 4.6 % 3.7 % 7.8 % 7.8 % 6.2 % Total return: Total return before 4.7 % 4.7 % 4.9 % 2.4 % 2.4 % 2.5 % 3.7 % 3.7 % 4.3 % 20.8 % 20.8 % 20.3 % Incentive fees (0.2) % (0.2) % (0.2) % (0.3) % (0.3) % (0.2) % (0.6) % (0.6) % (0.6) % (4.4) % (4.4) % (3.2) % Total return after incentive 4.5 % 4.5 % 4.7 % 2.1 % 2.1 % 2.3 % 3.1 % 3.1 % 3.7 % 16.4 % 16.4 % 17.1 % * Net investment income (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.

Trading Activities (Tables)

Trading Activities (Tables)	9 Months Ended
Trading Activities (Tables)	Sep. 30, 2023
Brokers and Dealers [Abstract]
Summary of Valuation of Investments	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 September 30, 2023 and December 31, 2022, respectively. Gross Amounts Amounts Gross Amounts Not Offset in the Offset in the Presented in the Statements of Financial Condition Gross Statements of Statements of Cash Collateral Amounts Financial Financial Financial Received/ September 30, 2023 Recognized Condition Condition Instruments Pledged* Net Amount Assets Futures $ 2,514,774 $ (1,809,731) $ 705,043 $ - $ - $ 705,043 Forwards 1,937,243 (1,825,427) 111,816 - - 111,816 Total assets $ 4,452,017 $ (3,635,158) $ 816,859 $ - $ - $ 816,859 Liabilities Futures $ (1,809,731) $ 1,809,731 $ - $ - $ - $ - Forwards (1,825,427) 1,825,427 - - - - Total liabilities $ (3,635,158) $ 3,635,158 $ - $ - $ - $ - Net fair value $ 816,859 * Gross Amounts Amounts Gross Amounts Not Offset in the December 31, 2022 Gross Amounts Statements of Statements of Financial Cash Collateral Net Amount Assets Futures $ 3,458,980 $ (1,810,939 ) $ 1,648,041 $ - $ - $ 1,648,041 Forwards 2,687,181 (2,300,415 ) 386,766 - - 386,766 Total assets $ 6,146,161 $ (4,111,354 ) $ 2,034,807 $ - $ - $ 2,034,807 Liabilities Futures $ (1,810,939 ) $ 1,810,939 $ - $ - $ - $ - Forwards (2,300,415 ) 2,300,415 - - - - Total liabilities $ (4,111,354 ) $ 4,111,354 $ - $ - $ - $ - Net fair value $ 2,034,807 * * 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 Option Contracts, as Separate Assets and Liabilities	The following tables indicate the gross fair values of derivative instruments of futures, forward and option contracts held directly by the Partnership as separate assets and liabilities as of September 30, 2023 and December 31, 2022, respectively. September 30, 2023 Assets Futures Contracts Currencies $ 1,512 Energy 718,084 Grains 1,062,179 Livestock 20,170 Metals 512,715 Softs 200,114 Total unrealized appreciation on open futures contracts 2,514,774 Liabilities Futures Contracts Currencies (39,187) Energy (761,403) Grains (690,864) Livestock (83,482) Metals (70,135) Softs (164,660) Total unrealized depreciation on open futures contracts (1,809,731) Net unrealized appreciation on open futures contracts $ 705,043 * Assets Forward Contracts Metals $ 1,937,243 Total unrealized appreciation on open forward contracts 1,937,243 Liabilities Forward Contracts Metals (1,825,427) Total unrealized depreciation on open forward contracts (1,825,427) Net unrealized appreciation on open forward contracts $ 111,816 Assets Options Purchased Grains $ 5,513 Metals 114,701 Total options purchased $ 120,214 * Liabilities Options Written Energy $ (23,880) Grains (73,050) Livestock (4,120) Metals (161,712) Total options written $ (262,762) **** * 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. * This amount is in “Options purchased, at fair value” in the Statements of Financial Condition. **** This amount is in “Options written, at fair value” in the Statements of Financial Condition. December 31, 2022 Assets Futures Contracts Energy $ 2,380,931 Grains 532,999 Livestock 62,710 Metals 6,542 Softs 475,798 Total unrealized appreciation on open futures contracts 3,458,980 Liabilities Futures Contracts Currencies (163,750) Energy (1,256,014) Grains (207,317) Livestock (24,430) Metals (34,284) Softs (125,144) Total unrealized depreciation on open futures contracts (1,810,939) Net unrealized appreciation on open futures contracts $ 1,648,041 * Assets Forward Contracts Metals $ 2,687,181 Total unrealized appreciation on open forward contracts 2,687,181 Liabilities Forward Contracts Metals (2,300,415) Total unrealized depreciation on open forward contracts (2,300,415) Net unrealized appreciation on open forward contracts $ 386,766 Assets Options Purchased Livestock $ 9,570 Metals 607,386 Total options purchased $ 616,956 * Liabilities Options Written Energy $ (6,750) Grains (31,713) Metals (695,442) Total options written $ (733,905) **** * 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. * This amount is in “Options purchased, at fair value” in the Statements of Financial Condition. **** This amount is in “Options written, at fair value” in the Statements of Financial Condition.
Trading Gains and Losses, by Market Sector, on Derivative Instruments	The following table indicates the trading gains and losses, by market sector, on derivative instruments traded directly by the Partnership for the three and nine months ended September 30, 2023 and 2022. Three Months Ended September 30, Nine Months Ended September 30, Sector 2023 2022 2023 2022 Currencies $ (145,963) $ (330,135) $ (366,543) $ (599,296) Energy 5,856,446 3,660,824 2,644,153 21,843,037 Grains 1,275,354 272,444 587,362 1,609,425 Indices - (32,723) - 388,927 Livestock (328,056) 35,327 1,332,165 65,013 Metals 214,920 (218,805) 508,263 (1,435,358) Softs 312,485 271,676 2,252,992 1,204,574 Total $ 7,185,186 *** $ 3,658,608 * $ 6,958,392 * $ 23,076,322 * *** This amount is included in “Total trading results” in the Statements of Income and Expenses.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
Fair Value Measurements (Tables)	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Derivative Instrument Fair Value Based on Hierarchy	September 30, 2023 Total Level 1 Level 2 Level 3 Assets Futures $ 2,514,774 $ 2,514,774 $ - $ - Forwards 1,937,243 - 1,937,243 - Options purchased 120,214 120,214 - - Total assets $ 4,572,231 $ 2,634,988 $ 1,937,243 $ - Liabilities Futures $ 1,809,731 $ 1,809,731 $ - $ - Forwards 1,825,427 - 1,825,427 - Options written 262,762 262,762 - - Total liabilities $ 3,897,920 $ 2,072,493 $ 1,825,427 $ - December 31, 2022 Total Level 1 Level 2 Level 3 Assets Futures $ 3,458,980 $ 3,458,980 $ - $ - Forwards 2,687,181 - 2,687,181 - Options purchased 616,956 616,956 - - Total assets $ 6,763,117 $ 4,075,936 $ 2,687,181 $ - Liabilities Futures $ 1,810,939 $ 1,810,939 $ - $ - Forwards 2,300,415 - 2,300,415 - Options written 733,905 733,905 - - Total liabilities $ 4,845,259 $ 2,544,844 $ 2,300,415 $ -

Investment in the Funds (Tables

Investment in the Funds (Tables)	9 Months Ended
Investment in the Funds (Tables)	Sep. 30, 2023
Schedule of Investments [Abstract]
Assets, Liabilities and Partners' Capital of Funds	Summarized information reflecting the total assets, liabilities and members’ capital of the Funds is shown in the following tables: September 30, 2023 Total Assets Total Liabilities Total Capital NL Master $ 41,868,073 $ 129,570 $ 41,738,503 Drakewood Master 54,936,549 4,467,133 50,469,416 December 31, 2022 Total Assets Total Liabilities Total Capital NL Master $ 47,648,689 $ 2,382,869 $ 45,265,820 Drakewood Master 45,395,672 1,898,283 43,497,389
Net Investment Income (Loss), Trading Results and Net Income (Loss) of Funds	Summarized information reflecting the net investment income (loss), total trading results and net income (loss) of the Funds is shown in the following tables: For the three months ended September 30, 2023 Net Investment Income (Loss) Total Trading Results Net Income (Loss) NL Master $ 490,050 $ (1,810,673) $ (1,320,623) Drakewood Master 376,530 (414,050) (37,520) For the nine months ended September 30, 2023 Net Investment Income (Loss) Total Trading Results Net Income (Loss) NL Master $ 1,294,937 $ (5,302,980) $ (4,008,043) Drakewood Master 1,018,482 (2,157,325) (1,138,843) For the three months ended September 30, 2022 Net Investment Income (Loss) Total Trading Results Net Income (Loss) NL Master $ 162,938 $ 2,109,657 $ 2,272,595 Drakewood Master 103,477 458,651 562,128 For the nine months ended September 30, 2022 Net Investment Income (Loss) Total Trading Results Net Income (Loss) GSL Master $ (49,612) $ 3,221,886 $ 3,172,274 NL Master 140,150 15,876,257 16,016,407 Drakewood Master (a) 97,288 (1,671,264) (1,573,976) (a) From May 1, 2022, commencement of operations for Drakewood Master, through September 30, 2022.
Partnership's Investments in, and Partnership's Pro Rata Share of Results of Operations of Funds	Summarized information reflecting the Partnership’s investments in and the Partnership’s pro-rata September 30, 2023 For the three months ended September 30, 2023 Expenses Funds % of Partners’ Capital Fair Value Income (Loss) Clearing Fees Professional Net Income (Loss) Investment Objective Redemptions NL Master 7.54 % $ 11,584,101 $ (354,779) $ 5,798 $ 4,450 $ (365,027) Commodity Portfolio Monthly Drakewood Master 11.89 % 18,253,515 27,207 29,860 6,509 (9,162) Commodity Portfolio Monthly $ 29,837,616 $ (327,572) $ 35,658 $ 10,959 $ (374,189) September 30, 2023 For the nine months ended September 30, 2023 Expenses Funds % of Partners’ Capital Fair Value Income (Loss) Clearing Fees Professional Net Income (Loss) Investment Objective Redemptions NL Master 7.54 % $ 11,584,101 $ (1,078,100) $ 16,674 $ 13,371 $ (1,108,145) Commodity Portfolio Monthly Drakewood Master 11.89 % 18,253,515 (363,382) 74,344 18,074 (455,800) Commodity Portfolio Monthly $ 29,837,616 $ (1,441,482) $ 91,018 $ 31,445 $ (1,563,945) December 31, 2022 For the three months ended September 30, 2022 % of Partners’ Capital Expenses Funds Fair Value Income Clearing Fees Professional Net Investment Objective Redemptions NL Master 8.36 % $ 12,964,184 $ 549,284 $ 5,150 $ 4,165 $ 539,969 Commodity Portfolio Monthly Drakewood Master 8.93 % 13,846,564 185,911 11,470 7,585 166,856 Commodity Portfolio Monthly $ 26,810,748 $ 735,195 $ 16,620 $ 11,750 $ 706,825 December 31, 2022 For the nine months ended September 30, 2022 % of Partners’ Capital Expenses Funds Fair Value Income (Loss) Clearing Fees Professional Net Investment Objective Redemptions GSL Master (a) - % $ - $ 3,254,806 $ 29,730 $ 52,803 $ 3,172,273 Commodity Portfolio Monthly NL Master 8.36 % 12,964,184 4,308,161 17,591 12,436 4,278,134 Commodity Portfoli Monthly Drakewood Master (b) 8.93 % 13,846,564 (392,924 ) 19,828 12,296 (425,048 ) Commodity Portfolio Monthly $ 26,810,748 $ 7,170,043 $ 67,149 $ 77,535 $ 7,025,359 (a) From January 1, 2022 through June 30, 2022, the date the Partnership fully redeemed its investment in GSL Master. (b) The Partnership first invested into Drakewood Master on May 1, 2022.

Organization - Additional Infor

Organization - Additional Information (Detail) - shares		9 Months Ended	12 Months Ended
Organization - Additional Information (Detail) - shares	Sep. 06, 2005	Sep. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Number of units sold during initial offering period	11,925
Morgan Stanley Wealth Management [Member] \| Class A [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing selling agent fee				0.75%
Morgan Stanley Wealth Management [Member] \| Class D [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing selling agent fee		0.75%	0.75%

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Cash denominated in foreign currencies	$ 615,154	$ 1,864,283
Cash denominated in foreign currencies, proceeds	633,737	1,812,172
Uncertain tax position	$ 0
Open tax year	2019 2020 2021 2022
Restricted cash held for margin	$ 10,151,240	$ 8,517,141

Financial Highlights - Financia

Financial Highlights - Financial Highlights for Limited Partner Class (Detail) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Class A [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net asset value per Redeemable Unit, beginning of period			$ 2,721.77
Net asset value per Redeemable Unit, end of period	$ 2,805.87		2,805.87
Class D [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net asset value per Redeemable Unit, beginning of period			2,158.32
Net asset value per Redeemable Unit, end of period	2,225		2,225
Class Z [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net asset value per Redeemable Unit, beginning of period			2,232.72
Net asset value per Redeemable Unit, end of period	2,314.77		2,314.77
Limited Partners [Member] \| Class A [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net realized and unrealized gains (losses)	117.99	$ 75.11	85.54	$ 533.24
Net investment income (loss)	3.63	(20.88)	(1.44)	(157.42)
Increase (decrease) for the period	121.62	54.23	84.1	375.82
Net asset value per Redeemable Unit, beginning of period	2,684.25	2,611.8	2,721.77	2,290.21
Net asset value per Redeemable Unit, end of period	$ 2,805.87	$ 2,666.03	$ 2,805.87	$ 2,666.03
Ratios to Average Limited Partners' Capital:
Net investment income (loss)	1%	(2.30%)	0.10%	(7.00%)
Operating expenses	3.60%	3.70%	3.60%	3.80%
Incentive fees	0.20%	0.30%	0.60%	4%
Total expenses	3.80%	4%	4.20%	7.80%
Total return:
Incentive fees	(0.20%)	(0.30%)	(0.60%)	(4.00%)
Limited Partners [Member] \| Class D [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net realized and unrealized gains (losses)	$ 93.57	$ 59.5	$ 69.22	$ 422.96
Net investment income (loss)	2.87	(16.49)	(2.54)	(124.94)
Increase (decrease) for the period	96.44	43.01	66.68	298.02
Net asset value per Redeemable Unit, beginning of period	2,128.56	2,071.11	2,158.32	1,816.1
Net asset value per Redeemable Unit, end of period	$ 2,225	$ 2,114.12	$ 2,225	$ 2,114.12
Ratios to Average Limited Partners' Capital:
Net investment income (loss)	1.20%	(2.30%)	0%	(7.00%)
Operating expenses	4.40%	3.70%	3.90%	3.80%
Incentive fees	0.20%	0.30%	0.70%	4%
Total expenses	4.60%	4%	4.60%	7.80%
Total return:
Incentive fees	(0.20%)	(0.30%)	(0.70%)	(4.00%)
Limited Partners [Member] \| Class Z [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net realized and unrealized gains (losses)	$ 97.38	$ 61.04	$ 72.08	$ 422.09
Net investment income (loss)	7.14	(12.54)	9.97	(103.63)
Increase (decrease) for the period	104.52	48.5	82.05	318.46
Net asset value per Redeemable Unit, beginning of period	2,210.25	2,134.31	2,232.72	1,864.35
Net asset value per Redeemable Unit, end of period	$ 2,314.77	$ 2,182.81	$ 2,314.77	$ 2,182.81
Ratios to Average Limited Partners' Capital:
Net investment income (loss)	1.80%	(1.60%)	0.80%	(5.10%)
Operating expenses	2.90%	3%	3%	3.20%
Incentive fees	0.20%	0.30%	0.70%	3%
Total expenses	3.10%	3.30%	3.70%	6.20%
Total return:
Incentive fees	(0.20%)	(0.30%)	(0.70%)	(3.00%)
Total Return [Member] \| Class A [Member]
Ratios to Average Limited Partners' Capital:
Incentive fees	0.20%	0.30%	0.60%	4.40%
Total return:
Total return before incentive fees	4.70%	2.40%	3.70%	20.80%
Incentive fees	(0.20%)	(0.30%)	(0.60%)	(4.40%)
Total return after incentive fees	4.50%	2.10%	3.10%	16.40%
Total Return [Member] \| Class D [Member]
Ratios to Average Limited Partners' Capital:
Incentive fees	0.20%	0.30%	0.60%	4.40%
Total return:
Total return before incentive fees	4.70%	2.40%	3.70%	20.80%
Incentive fees	(0.20%)	(0.30%)	(0.60%)	(4.40%)
Total return after incentive fees	4.50%	2.10%	3.10%	16.40%
Total Return [Member] \| Class Z [Member]
Ratios to Average Limited Partners' Capital:
Incentive fees	0.20%	0.20%	0.60%	3.20%
Total return:
Total return before incentive fees	4.90%	2.50%	4.30%	20.30%
Incentive fees	(0.20%)	(0.20%)	(0.60%)	(3.20%)
Total return after incentive fees	4.70%	2.30%	3.70%	17.10%

Trading Activities - Additional

Trading Activities - Additional Information (Detail) - Contract	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Futures [Member]
Derivative [Line Items]
Monthly average number of derivative contracts traded	4,334	32,547	4,791	33,975
Option [Member]
Derivative [Line Items]
Monthly average number of derivative contracts traded	795	3,489	1,202	5,540
Forwards [Member] \| Metals [Member]
Derivative [Line Items]
Monthly average number of derivative contracts traded	1,032	863	998	900

Trading Activities - Summary of

Trading Activities - Summary of Valuation of Investments (Detail) - USD ($)		Sep. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Gross Amounts Recognized, Assets		$ 4,452,017	$ 6,146,161
Gross Amounts Offset in the Statements of Financial Condition, Assets		(3,635,158)	(4,111,354)
Net Amounts Presented in the Statements of Financial Condition, Assets		816,859	2,034,807
Financial Instruments, Assets		0	0
Collateral Received/Pledged, Assets	[1]	0	0
Net Amount, Assets		816,859	2,034,807
Gross Amounts Recognized, Liabilities		(3,635,158)	(4,111,354)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities		3,635,158	4,111,354
Net Amounts Presented in the Statements of Financial Condition, Liabilities	[2]	(262,762)	(733,905)
Financial Instruments, Liabilities		0	0
Collateral Received/Pledged, Liabilities	[1]	0	0
Net Amount, Liabilities		0	0
Net fair value	[1]	816,859	2,034,807
Futures [Member]
Derivative [Line Items]
Gross Amounts Recognized, Assets		2,514,774	3,458,980
Gross Amounts Offset in the Statements of Financial Condition, Assets		(1,809,731)	(1,810,939)
Net Amounts Presented in the Statements of Financial Condition, Assets		705,043	1,648,041
Financial Instruments, Assets		0	0
Collateral Received/Pledged, Assets	[1]	0	0
Net Amount, Assets		705,043	1,648,041
Gross Amounts Recognized, Liabilities		(1,809,731)	(1,810,939)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities		1,809,731	1,810,939
Net Amounts Presented in the Statements of Financial Condition, Liabilities		0	0
Financial Instruments, Liabilities		0	0
Collateral Received/Pledged, Liabilities	[1]	0	0
Net Amount, Liabilities		0	0
Forwards [Member]
Derivative [Line Items]
Gross Amounts Recognized, Assets		1,937,243	2,687,181
Gross Amounts Offset in the Statements of Financial Condition, Assets		(1,825,427)	(2,300,415)
Net Amounts Presented in the Statements of Financial Condition, Assets		111,816	386,766
Financial Instruments, Assets		0	0
Collateral Received/Pledged, Assets	[1]	0	0
Net Amount, Assets		111,816	386,766
Gross Amounts Recognized, Liabilities		(1,825,427)	(2,300,415)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities		1,825,427	2,300,415
Net Amounts Presented in the Statements of Financial Condition, Liabilities		0	0
Financial Instruments, Liabilities		0	0
Collateral Received/Pledged, Liabilities	[1]	0	0
Net Amount, Liabilities		$ 0	$ 0

[1]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 contracts, as applicable, has the right to offset the Partnership’s obligation with the Partnership’s cash and/or U.S. Treasury bills held by MS&Co., thereby minimizing MS&Co.’s risk of loss. In certain instances, MS&Co. may not post collateral and as such, in the event of default by MS&Co., the Partnership is exposed to the amount shown in the Statements of Financial Condition. In the case of exchange-traded contracts, the Partnership’s exposure to counterparty risk may be reduced since the exchange’s clearinghouse interposes its credit between buyer and seller and the clearinghouse’s guarantee funds may be available in the event of a default. In some instances, the actual collateral received and/or pledged may be more than the amount shown due to overcollateralization.[2]This amount is in “Options written, at fair value” in the Statements of Financial Condition.

Trading Activities - Gross Fair

Trading Activities - Gross Fair Values of Derivative Instruments of Futures and Option Contracts, as Separate Assets and Liabilities (Detail) - USD ($)		Sep. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Total options purchased	[1]	$ 120,214	$ 616,956
Total options written	[2]	(262,762)	(733,905)
Forwards [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		1,937,243	2,687,181
Total unrealized depreciation on open contracts		(1,825,427)	(2,300,415)
Net unrealized appreciation on open forward contracts	[3]	111,816	386,766
Total options written		0	0
Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		2,514,774	3,458,980
Total unrealized depreciation on open contracts		(1,809,731)	(1,810,939)
Net unrealized appreciation on open forward contracts	[4]	705,043	1,648,041
Total options written		0	0
Currencies [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		1,512
Total unrealized depreciation on open contracts		(39,187)	(163,750)
Energy [Member]
Derivative [Line Items]
Total options purchased		(23,880)
Total options written			(6,750)
Energy [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		718,084	2,380,931
Total unrealized depreciation on open contracts		(761,403)	(1,256,014)
Grains [Member]
Derivative [Line Items]
Total options purchased		5,513
Total options written		(73,050)	(31,713)
Grains [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		1,062,179	532,999
Total unrealized depreciation on open contracts		(690,864)	(207,317)
Livestock [Member]
Derivative [Line Items]
Total options purchased		(4,120)	9,570
Livestock [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		20,170	62,710
Total unrealized depreciation on open contracts		(83,482)	(24,430)
Metals [Member]
Derivative [Line Items]
Total options purchased		114,701	607,386
Total options written		(161,712)	(695,442)
Metals [Member] \| Forwards [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		1,937,243	2,687,181
Total unrealized depreciation on open contracts		(1,825,427)	(2,300,415)
Metals [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		512,715	6,542
Total unrealized depreciation on open contracts		(70,135)	(34,284)
Softs [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		200,114	475,798
Total unrealized depreciation on open contracts		$ (164,660)	$ (125,144)

[1]This amount is in “Options purchased, at fair value” in the Statements of Financial Condition.[2]This amount is in “Options written, at fair value” in the Statements of Financial Condition.[3]This amount is in “Net unrealized appreciation on open forward contracts” in the Statements of Financial Condition.[4]This amount is in “Net unrealized appreciation on open futures contracts” in the Statements of Financial Condition.

Trading Activities - Trading Ga

Trading Activities - Trading Gains and Losses, by Market Sector, on Derivative Instruments (Detail) - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Derivative [Line Items]
Trading gains and losses	[1]	$ 7,185,186	$ 3,658,608	$ 6,958,392	$ 23,076,322
Currencies [Member]
Derivative [Line Items]
Trading gains and losses		(145,963)	(330,135)	(366,543)	(599,296)
Energy [Member]
Derivative [Line Items]
Trading gains and losses		5,856,446	3,660,824	2,644,153	21,843,037
Grains [Member]
Derivative [Line Items]
Trading gains and losses		1,275,354	272,444	587,362	1,609,425
Indices [Member]
Derivative [Line Items]
Trading gains and losses		0	(32,723)	0	388,927
Livestock [Member]
Derivative [Line Items]
Trading gains and losses		(328,056)	35,327	1,332,165	65,013
Metals [Member]
Derivative [Line Items]
Trading gains and losses		214,920	(218,805)	508,263	(1,435,358)
Softs [Member]
Derivative [Line Items]
Trading gains and losses		$ 312,485	$ 271,676	$ 2,252,992	$ 1,204,574

[1]This amount is included in “Total trading results” in the Statements of Income and Expenses.

Fair Value Measurements - Deriv

Fair Value Measurements - Derivative Instrument Fair Value Based on Hierarchy (Detail) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	$ 4,572,231	$ 6,763,117
Derivative liabilities	3,897,920	4,845,259
Futures [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	2,514,774	3,458,980
Derivative liabilities	1,809,731	1,810,939
Forwards [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	1,937,243	2,687,181
Derivative liabilities	1,825,427	2,300,415
Option [Member] \| Options Purchased [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	120,214	616,956
Option [Member] \| Options written [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	262,762	733,905
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	2,634,988	4,075,936
Derivative liabilities	2,072,493	2,544,844
Level 1 [Member] \| Futures [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	2,514,774	3,458,980
Derivative liabilities	1,809,731	1,810,939
Level 1 [Member] \| Option [Member] \| Options Purchased [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	120,214	616,956
Level 1 [Member] \| Option [Member] \| Options written [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	262,762	733,905
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	1,937,243	2,687,181
Derivative liabilities	1,825,427	2,300,415
Level 2 [Member] \| Forwards [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	1,937,243	2,687,181
Derivative liabilities	$ 1,825,427	$ 2,300,415

Investment in the Funds - Addit

Investment in the Funds - Additional Information (Detail)	9 Months Ended	12 Months Ended
Investment in the Funds - Additional Information (Detail)	Sep. 30, 2023	Dec. 31, 2022
CMF NL Master Fund LL [Member]
Investment [Line Items]
Percentage owned by partnership	27.60%	28.60%
Drakewood [Member]
Investment [Line Items]
Percentage owned by partnership	36.10%	31.80%

Investment in the Funds - Asset

Investment in the Funds - Assets, Liabilities and Partners' Capital of Funds (Detail) - USD ($)	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Schedule of Investments [Line Items]
Total Assets	$ 156,835,272		$ 159,663,135
Total Liabilities	3,253,481		4,627,134
Total Capital	153,581,791	$ 149,198,725	155,036,001	$ 149,917,007	$ 146,580,587	$ 127,910,424
Drakewood Master [Member]
Schedule of Investments [Line Items]
Total Assets	54,936,549		45,395,672
Total Liabilities	4,467,133		1,898,283
Total Capital	50,469,416		43,497,389
NL Master [Member]
Schedule of Investments [Line Items]
Total Assets	41,868,073		47,648,689
Total Liabilities	129,570		2,382,869
Total Capital	$ 41,738,503		$ 45,265,820

Investment in the Funds - Net I

Investment in the Funds - Net Investment Income (Loss), Trading Results and Net Income (Loss) of Funds (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Schedule of Investments [Line Items]
Net Investment Income (Loss)	$ 206,478	$ (1,180,226)	$ (64,544)	$ (8,875,057)
Net income (loss)	6,738,852	3,110,426	4,605,376	21,208,717
Drakewood Master [Member]
Schedule of Investments [Line Items]
Net Investment Income (Loss)	376,530	103,477	1,018,482	97,288	[1]
Total Trading Results	(414,050)	458,651	(2,157,325)	(1,671,264)	[1]
Net income (loss)	(37,520)	562,128	(1,138,843)	(1,573,976)	[1]
GSL Master [Member]
Schedule of Investments [Line Items]
Net Investment Income (Loss)				(49,612)
Total Trading Results				3,221,886
Net income (loss)				3,172,274
NL Master [Member]
Schedule of Investments [Line Items]
Net Investment Income (Loss)	490,050	162,938	1,294,937	140,150
Total Trading Results	(1,810,673)	2,109,657	(5,302,980)	15,876,257
Net income (loss)	$ (1,320,623)	$ 2,272,595	$ (4,008,043)	$ 16,016,407

[1]From May 1, 2022, commencement of operations for Drakewood Master, through June 30, 2022.

Investment in the Funds - Partn

Investment in the Funds - Partnership's Investments in, and Partnership's Pro Rata Share of Results of Operations of Funds (Detail) - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022		Dec. 31, 2022
Schedule of Investments [Line Items]
% of Partners' Capital		19.43%		19.43%			17.29%
Fair Value	[1]	$ 29,837,616		$ 29,837,616			$ 26,810,748
Net income (loss)		6,738,852	$ 3,110,426	4,605,376	$ 21,208,717
Drakewood Master [Member]
Schedule of Investments [Line Items]
Income (Loss)		(414,050)	458,651	(2,157,325)	(1,671,264)	[2]
Net income (loss)		$ (37,520)	562,128	$ (1,138,843)	(1,573,976)	[2]
GSL Master [Member]
Schedule of Investments [Line Items]
Income (Loss)					3,221,886
Net income (loss)					3,172,274
NL Master [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		7.54%		7.54%			8.36%
Fair Value		$ 11,584,101		$ 11,584,101			$ 12,964,184
Investment In Funds [Member] \| Commodity [Member]
Schedule of Investments [Line Items]
Fair Value		29,837,616		29,837,616			$ 26,810,748
Income (Loss)		(327,572)	735,195	(1,441,482)	7,170,043
Expenses, Clearing Fees		35,658	16,620	91,018	67,149
Expenses, Professional Fees		10,959	11,750	31,445	77,535
Net income (loss)		$ (374,189)	706,825	$ (1,563,945)	7,025,359
Investment In Funds [Member] \| Commodity [Member] \| Drakewood Master [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		11.89%		11.89%			8.93%
Fair Value		$ 18,253,515		$ 18,253,515			$ 13,846,564	[3]
Income (Loss)		27,207	185,911	(363,382)	(392,924)	[3]
Expenses, Clearing Fees		29,860	11,470	74,344	19,828	[3]
Expenses, Professional Fees		6,509	7,585	18,074	12,296	[3]
Net income (loss)		$ (9,162)	$ 166,856	$ (455,800)	$ (425,048)	[3]
Investment Objective		Commodity Portfolio	Commodity Portfolio	Commodity Portfolio	Commodity Portfolio	[3]
Redemptions Permitted		Monthly	Monthly	Monthly	Monthly	[3]
Investment In Funds [Member] \| GSL Master [Member] \| Commodity [Member]
Schedule of Investments [Line Items]
Income (Loss)	[4]				$ 3,254,806
Expenses, Clearing Fees	[4]				29,730
Expenses, Professional Fees	[4]				52,803
Net income (loss)	[4]				$ 3,172,273
Investment Objective	[4]				Commodity Portfolio
Redemptions Permitted	[4]				Monthly
Investment In Funds [Member] \| NL Master [Member] \| Commodity [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		7.54%		7.54%			8.36%
Fair Value		$ 11,584,101		$ 11,584,101			$ 12,964,184
Income (Loss)		(354,779)	$ 549,284	(1,078,100)	$ 4,308,161
Expenses, Clearing Fees		5,798	5,150	16,674	17,591
Expenses, Professional Fees		4,450	4,165	13,371	12,436
Net income (loss)		$ (365,027)	$ 539,969	$ (1,108,145)	$ 4,278,134
Investment Objective		Commodity Portfolio	Commodity Portfolio	Commodity Portfolio	Commodity Portfolio
Redemptions Permitted		Monthly	Monthly	Monthly	Monthly

[1]Defined in Note 1.[2]From May 1, 2022, commencement of operations for Drakewood Master, through June 30, 2022.[3]The Partnership first invested into Drakewood Master on May 1, 2022.[4]From January 1, 2022 through June 30, 2022, the date the Partnership fully redeemed its investment in GSL Master.

Financial Instrument Risks - Ad

Financial Instrument Risks - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2023
Risks and Uncertainties [Abstract]
Financial instruments maturity period	1 year