Ceres Tactical Systematic (TDFF) 10-Q12 Nov 202020 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2020	Oct. 31, 2020
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Registrant Name	CERES TACTICAL SYSTEMATIC L.P.
Entity Central Index Key	0001209709
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Interactive Data Current	Yes
Entity Address, State or Province	NY
Class A Redeemable Units [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		101,696.8838
Class D Redeemable Units [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		5,884.8820
Class Z Redeemable Units [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		179.1720

Statements of Financial Conditi

Statements of Financial Condition - USD ($)		Sep. 30, 2020	Dec. 31, 2019
Assets:
Investment in the Funds(1) , at fair value	[1]	$ 24,865,392	$ 63,459,722
Redemptions receivable from the Funds		2,016,349	450,586
Equity in trading account:
Unrestricted cash		43,603,981	35,180,793
Restricted cash		10,391,502	9,262,539
Net unrealized appreciation on open futures contracts		620,025	608,575
Total equity in trading account		54,615,508	45,051,907
Interest receivable		3,314	52,358
Total assets		81,500,563	109,014,573
Liabilities:
Net unrealized depreciation on open forward contracts		275,673	192,138
Accrued expenses:
Ongoing selling agent fees		65,525	172,314
Management fees		60,514	91,455
Incentive fees			220,579
General Partner fees		59,002	90,369
Professional fees		242,939	207,311
Redemptions payable to Limited Partners		1,936,378	1,831,808
Total liabilities		2,640,031	2,805,974
Partners' Capital:
Total partners' capital (net asset value)		78,860,532	106,208,599
Total liabilities and partners' capital		81,500,563	109,014,573
Class Z Redeemable Units [Member]
Partners' Capital:
General Partner		1,153,786	1,240,997
Limited Partners		157,941	210,498
Total partners' capital (net asset value)		$ 1,311,727	$ 1,451,495
Net asset value per Redeemable Unit:
Net asset value per Redeemable Unit		$ 881.50	$ 948.13
Class A Redeemable Units [Member]
Partners' Capital:
Limited Partners		$ 72,467,820	$ 98,542,340
Total partners' capital (net asset value)		$ 72,467,820	$ 98,542,340
Net asset value per Redeemable Unit:
Net asset value per Redeemable Unit		$ 690.32	$ 751.88
Class D Redeemable Units [Member]
Partners' Capital:
Limited Partners		$ 5,080,985	$ 6,214,764
Total partners' capital (net asset value)		$ 5,080,985	$ 6,214,764
Net asset value per Redeemable Unit:
Net asset value per Redeemable Unit		$ 863.40	$ 933.92
Futures Contracts [Member]
Equity in trading account:
Net unrealized appreciation on open futures contracts		$ 620,025	$ 608,575
Forward Contracts [Member]
Liabilities:
Net unrealized depreciation on open forward contracts		$ 275,673	$ 192,138

[1]	Defined in Note 1.

Statements of Financial Condi_2

Statements of Financial Condition (Parenthetical) - shares	Sep. 30, 2020	Dec. 31, 2019
Class A Redeemable Units [Member]
Limited Partners Capital, Redeemable units outstanding	104,976.8038	131,060.4968
Class D Redeemable Units [Member]
Limited Partners Capital, Redeemable units outstanding	5,884.8820	6,654.5080
Class Z Redeemable Units [Member]
General Partner Capital, Redeemable units outstanding	1,308.8850	1,308.8850
Limited Partners Capital, Redeemable units outstanding	179.1720	222.0130

Condensed Schedule of Investmen

Condensed Schedule of Investments		Sep. 30, 2020USD ($)Contract	Dec. 31, 2019USD ($)Contract
Schedule of Investments [Line Items]
Total investment in the Funds	[1]	$ 24,865,392	$ 63,459,722
% of Partners' Capital		31.53%	59.75%
CMF FORT Contrarian Master Fund LLC [Member]
Schedule of Investments [Line Items]
Total investment in the Funds		$ 4,837,106	$ 14,258,248
% of Partners' Capital		6.13%	13.42%
CMF ADG Master Fund LLC [Member]
Schedule of Investments [Line Items]
Total investment in the Funds		$ 10,730,488	$ 28,958,000
% of Partners' Capital		13.61%	27.27%
CMF Aquantam Master Fund LLC [Member]
Schedule of Investments [Line Items]
Total investment in the Funds		$ 9,297,798	$ 20,243,474
% of Partners' Capital		11.79%	19.06%
Futures Contracts [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		$ 1,248,488	$ 1,277,600
Total unrealized depreciation on open contracts		(628,463)	(669,025)
Net unrealized depreciation on open forward contracts		$ 620,025	$ 608,575
% of Partners' Capital		0.79%	0.57%
Futures Contracts [Member] \| Currencies [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		$ 7,041	$ 41,266
Total unrealized depreciation on open contracts		(34,908)	(21,417)
Futures Contracts [Member] \| Energy [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		111,569	467,028
Total unrealized depreciation on open contracts		(52,877)	(53,906)
Futures Contracts [Member] \| Grains [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		227,602	109,021
Total unrealized depreciation on open contracts		(94,825)	(65,773)
Futures Contracts [Member] \| Indices [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		148,830	172,030
Total unrealized depreciation on open contracts		(91,052)	(91,719)
Futures Contracts [Member] \| Interest Rates U.S. [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		41,352	3,414
Total unrealized depreciation on open contracts		(27,172)	(15,375)
Futures Contracts [Member] \| Interest Rates Non-U.S. [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		566,547	26,967
Total unrealized depreciation on open contracts		(76,678)	(380,879)
Futures Contracts [Member] \| Livestock [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		870	46,630
Total unrealized depreciation on open contracts		(35,423)	(15,300)
Futures Contracts [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		115,620	350,487
Total unrealized depreciation on open contracts		(145,729)	(6,475)
Futures Contracts [Member] \| Softs [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		29,057	60,757
Total unrealized depreciation on open contracts		(69,799)	(18,181)
Futures Contracts [Member] \| Long [Member]
Schedule of Investments [Line Items]
Net unrealized depreciation on open forward contracts		$ 653,656	$ 216,551
% of Partners' Capital		0.83%	0.20%
Futures Contracts [Member] \| Long [Member] \| Currencies [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		44	81
Net unrealized depreciation on open forward contracts		$ (24,144)	$ 24,983
% of Partners' Capital		(0.03%)	0.02%
Futures Contracts [Member] \| Long [Member] \| Energy [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		63	108
Net unrealized depreciation on open forward contracts		$ 15,814	$ (13,844)
% of Partners' Capital		0.02%	(0.01%)
Futures Contracts [Member] \| Long [Member] \| Grains [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		296	114
Net unrealized depreciation on open forward contracts		$ 179,774	$ 93,958
% of Partners' Capital		0.23%	0.09%
Futures Contracts [Member] \| Long [Member] \| Indices [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		338	335
Net unrealized depreciation on open forward contracts		$ 47,828	$ 54,837
% of Partners' Capital		0.06%	0.05%
Futures Contracts [Member] \| Long [Member] \| Interest Rates U.S. [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		401	8
Net unrealized depreciation on open forward contracts		$ 14,180	$ (9,883)
% of Partners' Capital		0.02%	(0.01%)
Futures Contracts [Member] \| Long [Member] \| Interest Rates Non-U.S. [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		3,255	1,347
Net unrealized depreciation on open forward contracts		$ 489,735	$ (353,315)
% of Partners' Capital		0.62%	(0.33%)
Futures Contracts [Member] \| Long [Member] \| Livestock [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract			52
Net unrealized depreciation on open forward contracts			$ 31,370
% of Partners' Capital			0.03%
Futures Contracts [Member] \| Long [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		180	157
Net unrealized depreciation on open forward contracts		$ (30,109)	$ 344,012
% of Partners' Capital		(0.04%)	0.32%
Futures Contracts [Member] \| Long [Member] \| Softs [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		117	64
Net unrealized depreciation on open forward contracts		$ (39,422)	$ 44,433
% of Partners' Capital		(0.05%)	0.04%
Futures Contracts [Member] \| Short [Member]
Schedule of Investments [Line Items]
Net unrealized depreciation on open forward contracts		$ (33,631)	$ 392,024
% of Partners' Capital		(0.04%)	0.37%
Futures Contracts [Member] \| Short [Member] \| Currencies [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		32	43
Net unrealized depreciation on open forward contracts		$ (3,723)	$ (5,134)
% of Partners' Capital	[2]	0.00%	0.00%
Futures Contracts [Member] \| Short [Member] \| Energy [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		114	179
Net unrealized depreciation on open forward contracts		$ 42,878	$ 426,966
% of Partners' Capital		0.05%	0.40%
Futures Contracts [Member] \| Short [Member] \| Grains [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		41	125
Net unrealized depreciation on open forward contracts		$ (46,997)	$ (50,710)
% of Partners' Capital		(0.06%)	(0.05%)
Futures Contracts [Member] \| Short [Member] \| Indices [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		153	199
Net unrealized depreciation on open forward contracts		$ 9,950	$ 25,474
% of Partners' Capital		0.01%	0.02%
Futures Contracts [Member] \| Short [Member] \| Interest Rates U.S. [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract			21
Net unrealized depreciation on open forward contracts			$ (2,078)
% of Partners' Capital	[2]		0.00%
Futures Contracts [Member] \| Short [Member] \| Interest Rates Non-U.S. [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		13	212
Net unrealized depreciation on open forward contracts		$ 134	$ (597)
% of Partners' Capital	[2]	0.00%	0.00%
Futures Contracts [Member] \| Short [Member] \| Livestock [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		16	28
Net unrealized depreciation on open forward contracts		$ (34,553)	$ (40)
% of Partners' Capital		(0.04%)	0.00%	[2]
Futures Contracts [Member] \| Short [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		63
Net unrealized depreciation on open forward contracts		$ 141,586
% of Partners' Capital		0.18%
Futures Contracts [Member] \| Short [Member] \| Softs [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		8	15
Net unrealized depreciation on open forward contracts		$ (1,320)	$ (1,857)
% of Partners' Capital	[2]	0.00%	0.00%
Forward Contracts [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		$ 1,091,642	$ 494,931
Total unrealized depreciation on open contracts		(1,367,315)	(687,069)
Net unrealized depreciation on open forward contracts		$ (275,673)	$ (192,138)
% of Partners' Capital		(0.35%)	(0.18%)
Forward Contracts [Member] \| Unrealized Appreciation [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		1.38%	0.47%
Forward Contracts [Member] \| Total Unrealized Depreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		(1.73%)	(0.65%)
Forward Contracts [Member] \| Currencies [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		$ 950,056	$ 469,914
Unrealized Appreciation on Open Forward Contracts, Notional Amount		84,133,515	48,405,451
Total unrealized depreciation on open contracts		(1,105,934)	(526,456)
Unrealized Depreciation on Open Forward Contracts, Notional Amount		$ 100,107,468	$ 37,647,681
Forward Contracts [Member] \| Currencies [Member] \| Unrealized Appreciation [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		1.20%	0.45%
Forward Contracts [Member] \| Currencies [Member] \| Total Unrealized Depreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		(1.40%)	(0.50%)
Forward Contracts [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		$ 141,586	$ 25,017
Total unrealized depreciation on open contracts		(261,381)	$ (160,613)
Net unrealized depreciation on open forward contracts		$ (261,381)
Forward Contracts [Member] \| Metals [Member] \| Unrealized Appreciation [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		(0.33%)	0.02%
Forward Contracts [Member] \| Metals [Member] \| Total Unrealized Depreciation on Open Contracts [Member]
Schedule of Investments [Line Items]
% of Partners' Capital			(0.15%)
Forward Contracts [Member] \| Net Unrealized Appreciation On Open Forward Contracts [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		122	21
Forward Contracts [Member] \| Net Unrealized Depreciation On Open Forward Contracts [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract			102

[1]	Defined in Note 1.
[2]	Due to rounding.

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, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Investment Income:
Interest income		$ 11,905	$ 224,051	$ 182,472	$ 670,028
Interest income allocated from the Funds		5,469	336,018	128,948	1,223,874
Total investment income		17,374	560,069	311,420	1,893,902
Expenses:
Expenses allocated from the Funds		59,606	177,570	307,318	678,857
Clearing fees related to direct investments		46,041	44,423	163,440	106,419
Ongoing selling agent fees		202,612	583,757	1,122,511	1,822,802
General Partner fees		182,426	306,985	665,528	958,253
Management fees		186,527	317,113	621,441	997,759
Incentive fees			194,601		565,712
Professional fees		123,879	126,864	331,183	376,993
Total expenses		801,091	1,751,313	3,211,421	5,506,795
Net investment loss		(783,717)	(1,191,244)	(2,900,001)	(3,612,893)
Net gains (losses) on trading of commodity interests and investment in the Funds:
Net realized gains (losses) on closed contracts		1,062,470	3,886,101	(2,761,822)	5,793,875
Net realized gains (losses) on closed contracts allocated from the Funds		484,690	(1,991,964)	(2,510,280)	697,137
Net change in unrealized gains (losses) on open contracts		(499,030)	(3,337,291)	(69,341)	(2,258,335)
Net change in unrealized gains (losses) on open contracts allocated from the Funds		73,632	1,012,505	84,986	944,533
Total trading results		1,121,762	(430,649)	(5,256,457)	5,177,210
Net income (loss)		338,045	(1,621,893)	(8,156,458)	1,564,317
Class A Redeemable Units [Member]
Net gains (losses) on trading of commodity interests and investment in the Funds:
Net income (loss)		$ 304,369	$ (1,523,638)	$ (7,609,853)	$ 1,364,128
Net income (loss) per Redeemable Unit	[1]	$ 2.25	$ (11.18)	$ (61.56)	$ 7.77
Weighted average Redeemable Units outstanding		109,800.7345	142,602.0495	119,470.5616	150,783.6875
Class D Redeemable Units [Member]
Net gains (losses) on trading of commodity interests and investment in the Funds:
Net income (loss)		$ 26,116	$ (84,007)	$ (445,243)	$ 144,462
Net income (loss) per Redeemable Unit	[1]	$ 3.36	$ (10.79)	$ (70.52)	$ 18.53
Weighted average Redeemable Units outstanding		5,982.7313	7,789.3400	6,266.2231	7,800.4511
Class Z Redeemable Units [Member]
Net gains (losses) on trading of commodity interests and investment in the Funds:
Net income (loss)		$ 7,560	$ (14,248)	$ (101,362)	$ 55,727
Net income (loss) per Redeemable Unit	[1]	$ 5.08	$ (9.07)	$ (66.63)	$ 24.16
Weighted average Redeemable Units outstanding		1,488.0570	1,569.9850	1,507.0974	1,927.0330

[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	General Partner [Member]	Limited Partners [Member]	Class A Redeemable Units [Member]	Class A Redeemable Units [Member]Limited Partners [Member]	Class D Redeemable Units [Member]	Class D Redeemable Units [Member]Limited Partners [Member]	Class Z Redeemable Units [Member]	Class Z Redeemable Units [Member]General Partner [Member]	Class Z Redeemable Units [Member]Limited Partners [Member]
Partners' Capital, Balance at Dec. 31, 2018	$ 134,018,220			$ 124,683,920		$ 7,368,184		$ 1,966,116
Subscriptions			$ 120,604		$ 92,700					$ 27,904
Redemptions		$ (525,000)	$ (19,050,609)		$ (18,907,664)		$ (142,945)		$ (525,000)
Net income (loss)	1,564,317			1,364,128		144,462		55,727
Partners' Capital, Balance at Sep. 30, 2019	$ 116,127,532			$ 107,233,084		$ 7,369,701		$ 1,524,747
Partners' Capital, Balance - Redeemable Units at Dec. 31, 2018	172,627.8138			162,712.3818		7,839.3400		2,076.0920
Partners' Capital, Balance - Redeemable Units at Sep. 30, 2019	147,794.5138			138,535.1888		7,689.3400		1,569.9850
Subscriptions - Redeemable Units			148.6460		119.1810					29.4650
Redemptions - Redeemable Units		(535.5720)	(24,446.3740)		(24,296.3740)		(150)		(535.5720)
Partners' Capital, Balance at Jun. 30, 2019	$ 122,384,791			$ 113,296,245		$ 7,549,551		$ 1,538,995
Redemptions			$ (4,635,366)		$ (4,539,523)		$ (95,843)
Net income (loss)	(1,621,893)			(1,523,638)		(84,007)		(14,248)
Partners' Capital, Balance at Sep. 30, 2019	$ 116,127,532			$ 107,233,084		$ 7,369,701		$ 1,524,747
Partners' Capital, Balance - Redeemable Units at Jun. 30, 2019	153,644.3678			144,285.0428		7,789.3400		1,569.9850
Partners' Capital, Balance - Redeemable Units at Sep. 30, 2019	147,794.5138			138,535.1888		7,689.3400		1,569.9850
Redemptions - Redeemable Units			(5,849.8540)		(5,749.8540)		(100)
Partners' Capital, Balance at Dec. 31, 2019	$ 106,208,599			$ 98,542,340		$ 6,214,764		$ 1,451,495
Redemptions			$ (19,191,609)		$ (18,464,667)		$ (688,536)			$ (38,406)
Net income (loss)	(8,156,458)			(7,609,853)		(445,243)		(101,362)
Partners' Capital, Balance at Sep. 30, 2020	$ 78,860,532			$ 72,467,820		$ 5,080,985		$ 1,311,727
Partners' Capital, Balance - Redeemable Units at Dec. 31, 2019	139,245.9028			131,060.4968		6,654.5080		1,530.8980
Partners' Capital, Balance - Redeemable Units at Sep. 30, 2020	112,349.7428			104,976.8038		5,884.8820		1,488.0570
Redemptions - Redeemable Units			(26,896.1600)		(26,083.6930)		(769.6260)			(42.8410)
Partners' Capital, Balance at Jun. 30, 2020	$ 83,630,616			$ 77,012,756		$ 5,313,693		$ 1,304,167
Redemptions			$ (5,108,129)		$ (4,849,305)		$ (258,824)			$ 0
Net income (loss)	338,045			304,369		26,116		7,560
Partners' Capital, Balance at Sep. 30, 2020	$ 78,860,532			$ 72,467,820		$ 5,080,985		$ 1,311,727
Partners' Capital, Balance - Redeemable Units at Jun. 30, 2020	119,592.2118			111,925.7248		6,178.4300		1,488.0570
Partners' Capital, Balance - Redeemable Units at Sep. 30, 2020	112,349.7428			104,976.8038		5,884.8820		1,488.0570
Redemptions - Redeemable Units			(7,242.4690)		(6,948.9210)		(293.5480)			0

Organization

Organization	9 Months Ended
Organization	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization: Ceres Tactical Systematic L.P. (the “Partnership”) is a limited partnership organized under the partnership laws of the State of New York on December 3, 2002 to engage, directly or indirectly, in the speculative trading of a diversified portfolio of commodity interests including futures, option, swap and forward contracts. The sectors traded include currencies, energy, grains, indices, U.S. and non-U.S. Between March 27, 2003 (commencement of the public offering period) and April 30, 2003, 36,616 redeemable units of limited partnership interest in the Partnership (“Redeemable Units”) were sold at $1,000 per Redeemable Unit. The proceeds of the initial public offering were held in an escrow account until April 30, 2003, at which time they were turned over to the Partnership for trading. The Partnership was authorized to publicly offer 300,000 Redeemable Units during the initial public offering period. As of December 4, 2003, the Partnership was authorized to publicly offer an additional 700,000 Redeemable Units. As of October 7, 2004, the Partnership was authorized to publicly offer an additional 1,000,000 Redeemable Units. As of June 30, 2005, the Partnership was authorized to publicly offer Redeemable Units previously registered. The public offering of Redeemable Units terminated on November 30, 2008. The Partnership currently privately and continuously offers Redeemable Units to qualified investors. There is no maximum number of Redeemable Units that may be sold by the Partnership. Ceres Managed Futures LLC, a Delaware limited liability company, acts as the general partner (the “General Partner”) and commodity pool operator of the Partnership, is the trading manager (the “Trading Manager”) of ADG Master (as defined below), Aquantum Master (as defined below) and FORT Contrarian Master (as defined below), and was the Trading Manager of AE Capital Master (as defined below). The General Partner is a wholly-owned subsidiary of Morgan Stanley Domestic Holdings, Inc. (“MSD Holdings”). MSD Holdings is ultimately owned by Morgan Stanley. Morgan Stanley is a publicly held company whose shares are listed on the New York Stock Exchange. Morgan Stanley is engaged in various financial services and other businesses. During the reporting periods ended September 30, 2020 and 2019, the Partnership’s/Funds’ commodity broker was Morgan Stanley & Co. LLC (“MS&Co.”), a registered futures commission merchant. JPMorgan Chase Bank, N.A. (“JPMorgan”) was also a foreign exchange forward contract counterparty for certain Funds. As of January 1, 2018, the Partnership began offering three classes of limited partnership interests, Class A Redeemable Units, Class D Redeemable Units and Class Z Redeemable Units. All Redeemable Units issued prior to January 1, 2018 were deemed Class A Redeemable Units. The rights, liabilities, risks, and fees associated with investment in Class A Redeemable Units were not changed. Class A Redeemable Units are available to taxable U.S. individuals and institutions, U.S. tax exempt individuals and institutions, and non-U.S. non-U.S. As of September 30, 2020, all trading decisions are made for the Partnership by ADG Capital Management LLP (“ADG”), Aquantum GmbH (“Aquantum”), FORT, L.P. (“FORT”), ISAM Systematic Management (“ISAM SM”) and Millburn Ridgefield Corporation (“Millburn”) (each an “Advisor” and, collectively, the “Advisors”), each of which is a registered commodity trading advisor. Effective June 30, 2019, the General Partner terminated SECOR Capital Advisors, LP (“SECOR”) as an Advisor to the Partnership. Effective April 3, 2019, the General Partner terminated AE Capital Pty Limited (“AE Capital”) as an Advisor to the Partnership. Effective March 31, 2019, the General Partner terminated Mesirow Financial UK Limited (“Mesirow”) as an Advisor to the Partnership. Reference herein to “Advisors” may include, as relevant, AE Capital, Mesirow and SECOR. The Advisors are not affiliated with one another, are not affiliated with the General Partner or MS&Co., and are not responsible for the operation of the Partnership. ISAM SM directly trades the Partnership’s assets allocated to it through a managed account in the name of the Partnership pursuant to ISAM SM’s Systematic Trend Programme. FORT directly trades a portion of the Partnership’s assets allocated to it through a managed account in the name of the Partnership pursuant to FORT’s Global Trend Trading Program. Effective January 1, 2020, Millburn directly trades the Partnership’s assets allocated to it through a managed account in the name of the Partnership pursuant to Millburn’s Multi-Market Program. The Partnership, and prior to the Partnership’s full redemption effective June 30, 2019, SECOR Master Fund L.P. (“SECOR Master”), and prior to the Partnership’s full redemption effective April 30, 2019, CMF AE Capital Master Fund LLC (“AE Capital Master”), and prior to the Partnership’s full redemption effective March 31, 2019, Cambridge Master Fund L.P. (“Cambridge Master”), entered into futures brokerage account agreements and foreign exchange prime brokerage account agreements with MS&Co. CMF ADG Master Fund LLC (“ADG Master”), CMF Aquantum Master Fund LLC (“Aquantum Master”) and CMF FORT Contrarian Master Fund LLC (“FORT Contrarian Master”) have entered into futures brokerage account agreements with MS&Co. ADG Master, Aquantum Master and FORT Contrarian Master are collectively referred to as the “Funds”. Reference herein to the “Funds” may include, as relevant, AE Capital Master, Cambridge Master and SECOR 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, execution of transactions, as well as exchange, clearing, user, give-up, Prior to their respective terminations, Cambridge Master and SECOR Master each entered into certain agreements with JPMorgan in connection with trading in forward foreign currency contracts on behalf of the referenced Funds and, indirectly, the Partnership. These agreements included a foreign exchange and bullion authorization agreement (“FX Agreement”), an International Swap Dealers Association, Inc. master agreement (“Master Agreement”), a schedule to the Master Agreement, a 2016 credit support annex for variation margin to the schedule and an institutional account agreement. In addition to Cambridge Master and SECOR Master, Mesirow and SECOR were parties to the FX Agreements for the Funds to which each acted as an Advisor. Under each FX Agreement, JPMorgan charged a fee on the aggregate foreign currency transactions entered into on behalf of the respective Fund during a month. The Partnership has entered into a selling agreement with Morgan Stanley Wealth Management (the “Selling Agreement”). Under the Selling Agreement and effective July 1, 2020, the Partnership pays Morgan Stanley Wealth Management a monthly ongoing selling agent fee equal to 1.00% per year of adjusted month-end month-end month-end The Partnership has entered into an alternative investment placement agent agreement (the “Harbor Selling Agreement”), by and among the Partnership, the General Partner, Morgan Stanley Distribution Inc. (“MSDI”) and Harbor Investment Advisory, LLC, a Maryland limited liability company (“Harbor”), which supersedes and replaces the alternative investment selling agent agreement, dated January 19, 2018, between the Partnership, the General Partner and Harbor. Pursuant to the Harbor Selling Agreement, MSDI and Harbor have been appointed as a non-exclusive sub-selling one-year The General Partner fees, management fees, incentive fees and professional fees of the Partnership are allocated proportionally to each Class based on the net asset value of the Class. Effective July 1, 2020, the General Partner fees paid by the Partnership to the General Partner was reduced for all limited partners from a monthly rate of 1/12 of 1.00% of the adjusted month-end month-end 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, 2020
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, 2020 and the results of its operations and changes in partners’ capital for the three and nine months ended September 30, 2020 and 2019. These financial statements present the results for 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 and the Funds do not isolate the portion of the results of operations arising from the effect of changes in foreign exchange rates on investments from fluctuations from changes in market prices of investments held. Such fluctuations are included in total trading results in the Partnership’s/Funds’ Statements of Income and Expenses. Partnership’s Cash. Income Taxes. “Income Taxes,” “more-likely-than-not” more-likely-than-not Investment Company Status. 2013-08 “Financial Services—Investment Companies (Topic 946): Amendments to the Scope, Measurement and Disclosure Requirements” Net Income (Loss) per Redeemable Unit. Financial Services-Investment Companies There have been no material changes with respect to the Partnership’s critical accounting policies as reported in the Partnership’s Annual Report on Form 10-K for the year ended December 31, 2019.

Financial Highlights

Financial Highlights	9 Months Ended
Financial Highlights	Sep. 30, 2020
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, 2020 and 2019 were as follows: Three Months Ended September 30, 2020 Three Months Ended September 30, 2019 Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 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 Net realized and unrealized $ 8.88 $ 11.10 $ 11.30 $ (3.25 ) $ (4.09 ) $ (4.17 ) $ (38.67 ) $ (48.32 ) $ (49.09 ) $ 30.58 $ 37.43 $ 37.60 Net investment loss (6.63 ) (7.74 ) (6.22 ) (7.93 ) (6.70 ) (4.90 ) (22.89 ) (22.20 ) (17.54 ) (22.81 ) (18.90 ) (13.44 ) Increase (decrease) for the period 2.25 3.36 5.08 (11.18 ) (10.79 ) (9.07 ) (61.56 ) (70.52 ) (66.63 ) 7.77 18.53 24.16 Net asset value per Redeemable Unit, 688.07 860.04 876.42 785.23 969.22 980.26 751.88 933.92 948.13 766.28 939.90 947.03 Net asset value per Redeemable Unit, $ 690.32 $ 863.40 $ 881.50 $ 774.05 $ 958.43 $ 971.19 $ 690.32 $ 863.40 $ 881.50 $ 774.05 $ 958.43 $ 971.19 Three Months Ended September 30, 2020 Three Months Ended September 30, 2019 Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 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 Net investment loss*** (3.8 )% (3.6 )% (2.8 )% (3.6 )% (2.3 )% (1.5 )% (4.3 )% (3.3 )% (2.6 )% (3.8 )% (2.5 )% (1.7 )% Operating expenses 3.9 % 3.6 % 2.9 % 5.2 % 3.9 % 3.2 % 4.8 % 3.8 % 3.0 % 5.4 % 4.0 % 3.3 % Incentive fees - % - % - % 0.2 % 0.2 % 0.2 % - % - % - % 0.5 % 0.4 % 0.4 % Total expenses 3.9 % 3.6 % 2.9 % 5.4 % 4.1 % 3.4 % 4.8 % 3.8 % 3.0 % 5.9 % 4.4 % 3.7 % Total return: Total return before incentive fees 0.3 % 0.4 % 0.6 % (1.3 )% (1.0 )% (0.8 )% (8.2 )% (7.6 )% (7.0 )% 1.5 % 2.4 % 3.0 % Incentive fees - % - % - % (0.1 )% (0.1 )% (0.1 )% - % - % - % (0.5 )% (0.4 )% (0.4 )% Total return after incentive fees 0.3 % 0.4 % 0.6 % (1.4 )% (1.1 )% (0.9 )% (8.2 )% (7.6 )% (7.0 )% 1.0 % 2.0 % 2.6 % * Net investment loss per Redeemable Unit is calculated by dividing the interest income less total expenses by the average number of Redeemable Units outstanding during the period. The net realized and unrealized gains (losses) per Redeemable Unit is a balancing amount necessary to reconcile the change in net asset value per Redeemable Unit with the other per unit information. Annualized (except for incentive fees). * Interest income less total expenses. The above ratios and total return may vary for individual investors based on the timing of capital transactions during the period. Additionally, these ratios are calculated for the limited partner class using the limited partners’ share of income, expenses and average partners’ capital of the Partnership and include the income and expenses allocated from the Funds.

Trading Activities

Trading Activities	9 Months Ended
Trading Activities	Sep. 30, 2020
Brokers and Dealers [Abstract]
Trading Activities	4. Trading Activities: The Partnership was formed for the purpose of trading contracts in a variety of commodity interests, including derivative financial instruments and derivative commodity instruments. The results of the Partnership’s trading activities are shown in the Statements of Income and Expenses. The Partnership also invests certain of its assets through a “master/feeder” structure. The Partnership’s pro-rata The Partnership’s customer agreement with MS&Co. and the Funds’ futures brokerage account agreements with MS&Co. and foreign exchange brokerage account agreements give the Partnership and the Funds, respectively, the legal right to net unrealized gains and losses on open futures contracts and open 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 contracts 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, 2020 and 2019 were 4,625 and 5,582, respectively. The monthly average number of futures contracts traded directly by the Partnership during the nine months ended September 30, 2020 and 2019 were 4,165 and 5,103, respectively. The monthly average number of metals forward contracts traded directly by the Partnership during the three months ended September 30, 2020 and 2019 were 295 and 282, respectively. The monthly average number of metals forward contracts traded directly by the Partnership during the nine months ended September 30, 2020 and 2019 were 341 and 227, respectively. The monthly average notional value of currency forward contracts traded directly by the Partnership during the three months ended September 30, 2020 and 2019 were $177,320,894 and $149,590,574, respectively. The monthly average notional value of currency forward contracts traded directly by the Partnership during the nine months ended September 30, 2020 and 2019 were $200,494,413 and $137,995,663, 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. for the Partnership’s direct trading are borne directly by the Partnership. In addition, clearing fees are borne by the Funds and allocated to the Funds’ limited partners/non-managing 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, 2020 and December 31, 2019, respectively. September 30, 2020 Gross Gross Amounts Condition Net Amounts Condition Gross Amounts Not Offset in the Statements of Financial Condition Net Financial Cash Collateral Pledged* Assets Futures $ 1,248,488 $ (628,463 ) $ 620,025 $ - $ - $ 620,025 Forwards 1,091,642 (1,091,642 ) - - - - Total assets $ 2,340,130 $ (1,720,105 ) $ 620,025 $ - $ - $ 620,025 Liabilities Futures $ (628,463 ) $ 628,463 $ - $ - $ - $ - Forwards (1,367,315 ) 1,091,642 (275,673 ) - 275,673 - Total liabilities $ (1,995,778 ) $ 1,720,105 $ (275,673 ) $ - $ 275,673 $ - Net fair value $ 620,025 * Gross Gross Amounts Condition Net Amounts Condition Gross Amounts Not Offset in the Statements of Financial Condition Net December 31, 2019 Financial Cash Collateral Pledged* Assets Futures $ 1,277,600 $ (669,025 ) $ 608,575 $ - $ - $ 608,575 Forwards 494,931 (494,931 ) - - - - Total assets $ 1,772,531 $ (1,163,956 ) $ 608,575 $ - $ - $ 608,575 Liabilities Futures $ (669,025 ) $ 669,025 $ - $ - $ - $ - Forwards (687,069 ) 494,931 (192,138 ) - 192,138 - Total liabilities $ (1,356,094 ) $ 1,163,956 $ (192,138 ) $ - $ 192,138 $ - Net fair value $ 608,575 * * In the event of default by the Partnership, MS&Co., the Partnership’s commodity futures broker and the sole counterparty to the Partnership’s non-exchange-traded The following tables indicate the gross fair values of derivative instruments of futures and forward contracts held directly by the Partnership as separate assets and liabilities as of September 30, 2020 and December 31, 2019, respectively. September 30, Assets Futures Contracts Currencies $ 7,041 Energy 111,569 Grains 227,602 Indices 148,830 Interest Rates U.S. 41,352 Interest Rates Non-U.S. 566,547 Livestock 870 Metals 115,620 Softs 29,057 Total unrealized appreciation on open futures contracts 1,248,488 Liabilities Futures Contracts Currencies (34,908 ) Energy (52,877 ) Grains (94,825 ) Indices (91,052 ) Interest Rates U.S. (27,172 ) Interest Rates Non-U.S. (76,678 ) Livestock (35,423 ) Metals (145,729 ) Softs (69,799 ) Total unrealized depreciation on open futures contracts (628,463 ) Net unrealized appreciation on open futures contracts $ 620,025 * Assets Forward Contracts Currencies $ 950,056 Metals 141,586 Total unrealized appreciation on open forward contracts 1,091,642 Liabilities Forward Contracts Currencies (1,105,934 ) Metals (261,381 ) Total unrealized depreciation on open forward contracts (1,367,315 ) Net unrealized depreciation on open forward contracts $ (275,673 ) ** * This amount is in “Net unrealized appreciation on open futures contracts” in the Statements of Financial Condition. ** This amount is in “Net unrealized depreciation on open forward contracts” in the Statements of Financial Condition. December 31, Assets Futures Contracts Currencies $ 41,266 Energy 467,028 Grains 109,021 Indices 172,030 Interest Rates U.S. 3,414 Interest Rates Non-U.S. 26,967 Livestock 46,630 Metals 350,487 Softs 60,757 Total unrealized appreciation on open futures contracts 1,277,600 Liabilities Futures Contracts Currencies (21,417 ) Energy (53,906 ) Grains (65,773 ) Indices (91,719 ) Interest Rates U.S. (15,375 ) Interest Rates Non-U.S. (380,879 ) Livestock (15,300 ) Metals (6,475 ) Softs (18,181 ) Total unrealized depreciation on open futures contracts (669,025 ) Net unrealized appreciation on open futures contracts $ 608,575 * Assets Forward Contracts Currencies $ 469,914 Metals 25,017 Total unrealized appreciation on open forward contracts 494,931 Liabilities Forward Contracts Currencies (526,456 ) Metals (160,613 ) Total unrealized depreciation on open forward contracts (687,069 ) Net unrealized depreciation on open forward contracts $ (192,138 ) ** * This amount is in “Net unrealized appreciation on open futures contracts” in the Statements of Financial Condition. This amount is in “Net unrealized depreciation on open forward contracts” in the Statements of Financial Condition. The following table indicates the trading gains and losses, by market sector, on derivative instruments traded directly by the Partnership for the three and nine months ended September 30, 2020 and 2019, respectively. Three Months Ended Nine Months Ended Sector 2020 2019 2020 2019 Currencies $ 85,424 $ 586,043 $ (278,203 ) $ (276,513 ) Energy (217,329 ) (1,034,534 ) 2,754,320 (2,129,502 ) Grains (160,979 ) (128,237 ) 162,305 (316,778 ) Indices 978,006 (838,712 ) (8,304,084 ) (1,107,577 ) Interest Rates U.S. (87,117 ) 299,914 1,061,930 1,057,749 Interest Rates Non-U.S. (8,469 ) 1,742,466 1,641,868 7,322,899 Livestock (323,422 ) (262,587 ) 182,766 (681,399 ) Metals 794,694 342,312 1,265,012 77,650 Softs (497,368 ) (157,855 ) (1,317,077 ) (410,989 ) Total $ 563,440 * $ 548,810 * $ (2,831,163 ) * $ 3,535,540 * * 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, 2020
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 September 30, 2020 Total Level 1 Level 2 Level 3 Assets Futures $ 1,248,488 $ 1,248,488 $ - $ - Forwards 1,091,642 - 1,091,642 - Total Assets $ 2,340,130 $ 1,248,488 $ 1,091,642 $ - Liabilities Futures $ 628,463 $ 628,463 $ - $ - Forwards 1,367,315 - 1,367,315 - Total Liabilities $ 1,995,778 $ 628,463 $ 1,367,315 $ - December 31, 2019 Total Level 1 Level 2 Level 3 Assets Futures $ 1,277,600 $ 1,277,600 $ - $ - Forwards 494,931 - 494,931 - Total Assets $ 1,772,531 $ 1,277,600 $ 494,931 $ - Liabilities Futures $ 669,025 $ 669,025 $ - $ - Forwards 687,069 - 687,069 - Total Liabilities $ 1,356,094 $ 669,025 $ 687,069 $ -

Investment in the Funds

Investment in the Funds	9 Months Ended
Investment in the Funds	Sep. 30, 2020
Schedule of Investments [Abstract]
Investment in the Funds	6. Investment in the Funds: On January 12, 2018, a portion of the assets allocated to FORT for trading were invested in FORT Contrarian Master, a limited liability company organized under the limited liability company laws of the State of Delaware. FORT Contrarian Master permits accounts managed by FORT using its Global Contrarian Trading Program, a proprietary, systematic trading system, to invest together in one trading vehicle. The General Partner is also the Trading Manager of FORT Contrarian Master. Individual and pooled accounts currently managed by FORT are permitted to be members of FORT Contrarian Master. The Trading Manager and FORT believe that trading through this master/feeder structure promotes efficiency and economy in the trading process. The Trading Manager and FORT have agreed that FORT will trade the Partnership’s assets allocated to FORT at a level that is up to 1.25 times the assets allocated. The amount of leverage may be increased or decreased in the future. On February 1, 2019, the assets allocated to ADG for trading were invested in ADG Master, a limited liability company organized under the limited liability company laws of the State of Delaware. ADG Master permits accounts managed by ADG using its Systematic Macro Strategy, a proprietary, systematic trading system, to invest together in one trading vehicle. The General Partner is also the Trading Manager of ADG Master. Individual and pooled accounts currently managed by ADG are permitted to be members of ADG Master. The Trading Manager and ADG believe that trading through this master/feeder structure promotes efficiency and economy in the trading process. On June 1, 2019, the assets allocated to Aquantum for trading were invested in Aquantum Master, a limited liability company organized under the limited liability company laws of the State of Delaware. Aquantum Master permits accounts managed by Aquantum using its Aquantum Commodity Spread (ACS) Program, a proprietary, systematic trading system, to invest together in one trading vehicle. The General Partner is also the Trading Manager of Aquantum Master. Individual and pooled accounts currently managed by Aquantum are permitted to be members of Aquantum Master. The Trading Manager and Aquantum believe that trading through this master/feeder structure promotes efficiency and economy in the trading process. On January 1, 2018, the assets allocated to SECOR for trading were invested in SECOR Master, a limited partnership organized under the partnership laws of the State of Delaware. SECOR Master permitted accounts managed by SECOR using a variation of the program traded by SECOR Alpha Master Fund L.P., a proprietary, systematic trading program, to invest together in one trading vehicle. The Partnership fully redeemed its investment in SECOR Master on June 30, 2019. On February 1, 2018, the assets allocated to AE Capital for trading were invested in AE Capital Master, a limited liability company organized under the limited liability company laws of the State of Delaware. AE Capital Master permitted accounts managed by AE Capital using its AE Systematic FX Fund Program, a proprietary, systematic trading system, to invest together in one trading vehicle. Effective April 3, 2019, the General Partner terminated AE Capital as an Advisor to the Partnership. For the interim period from April 4, 2019 through April 30, 2019, the Partnership’s assets previously allocated to AE Capital were not charged a management fee and was credited with interest income at a rate equal to the monthly average of the 4-week The assets allocated to Mesirow for trading were invested in Cambridge Master, a limited partnership organized under the partnership laws of the State of Delaware. Cambridge Master permitted accounts managed by Mesirow using the Asian Markets Alpha Programme and the Emerging Markets Alpha Programme, each a proprietary, systematic trading program, to invest together in one trading vehicle. The Partnership fully redeemed its investment in Cambridge Master on March 31, 2019. 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, 2020. The Partnership’s and the Funds’ trading of futures, forward and option contracts, as applicable, on commodities is done primarily on U.S. and foreign commodity exchanges. The Partnership and the Funds engage in such trading through commodity brokerage accounts maintained with MS&Co. Generally, a limited partner/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 General Partner/Trading Manager at least three days in advance of the Redemption Date. Such withdrawals are classified as a liability when the limited partner/member elects to redeem and informs the Funds. However, a limited partner/member may request a withdrawal as of the end of any day if such request is received by the General Partner/Trading Manager at least three days in advance of the proposed withdrawal day. Management fees, General Partner fees, ongoing selling agent fees and incentive fees are charged at the Partnership level. Clearing fees are borne by the Funds and allocated to the Funds’ limited partners/non-managing As of September 30, 2020, the Partnership owned approximately 57.7% of ADG Master, 50.7% of Aquantum Master and 5.4% of FORT Contrarian Master. As of December 31, 2019, the Partnership owned approximately 65.9% of ADG Master, 56.9% of Aquantum Master and 10.9% of FORT Contrarian 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 limited partners as a result of investment in the Funds are approximately the same as they would be if the Partnership traded directly and the 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, 2020 Total Assets Total Liabilities Total Capital ADG Master $ 18,975,815 $ 384,117 $ 18,591,698 Aquantum Master 18,400,197 80,292 18,319,905 FORT Contrarian Master 92,444,999 2,215,131 90,229,868 December 31, 2019 Total Assets Total Liabilities Total Capital ADG Master $ 44,209,233 $ 308,783 $ 43,900,450 Aquantum Master 37,857,547 2,327,205 35,530,342 FORT Contrarian Master 135,604,970 4,607,083 130,997,887 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, 2020 Net Investment Total Trading Net Income ADG Master $ (23,141 ) $ 61,340 $ 38,199 Aquantum Master (72,581 ) 945,402 872,821 FORT Contrarian Master (50,744 ) 479,535 428,791 For the nine months ended September 30, 2020 Net Investment Total Trading Net Income ADG Master $ (2,713 ) $ (4,985,434 ) $ (4,988,147 ) Aquantum Master (353,108 ) 1,405,725 1,052,617 FORT Contrarian Master 88,280 (2,814,545 ) (2,726,265 ) For the three months ended September 30, 2019 Net Investment Total Trading Net Income ADG Master $ 139,759 $ 526,901 $ 666,660 Aquantum Master (29,826 ) (4,900,506 ) (4,930,332 ) FORT Contrarian Master 622,968 8,921,691 9,544,659 For the nine months ended September 30, 2019 Net Investment Total Trading Net Income ADG Master (a) $ 351,634 $ (251,192 ) $ 100,442 AE Capital Master (b) 71,739 (890,810 ) (819,071 ) Aquantum Master (c) (84,895 ) (6,009,377 ) (6,094,272 ) Cambridge Master (d) 71,028 (1,169,131 ) (1,098,103 ) FORT Contrarian Master 2,191,944 38,006,895 40,198,839 SECOR Master (e) (84,266 ) 2,719,987 2,635,721 (a) From February 1, 2019, commencement of operations for ADG Master, through September 30, 2019. (b) From January 1, 2019 through April 30, 2019, the date AE Capital Master terminated operations. (c) From June 1, 2019, commencement of operations for Aquantum Master, through September 30, 2019. (d) From January 1, 2019 through March 31, 2019, the date Cambridge Master terminated operations. (e) From January 1, 2019 through June 30, 2019, the date SECOR Master terminated operations. Summarized information reflecting the Partnership’s investment in and the Partnership’s pro-rata September 30, 2020 For the three months ended September 30, 2020 Funds % of Fair Value Income Expenses Net Investment Redemptions Clearing Professional ADG Master 13.61 % $ 10,730,488 $ 33,087 $ 5,411 $ 9,752 $ 17,924 Commodity Portfolio Monthly Aquantum Master 11.79 % 9,297,798 481,810 30,174 8,629 443,007 Commodity Portfolio Monthly FORT Contrarian Master 6.13 % 4,837,106 48,894 4,273 1,367 43,254 Commodity Portfolio Monthly Total $ 24,865,392 $ 563,791 $ 39,858 $ 19,748 $ 504,185 September 30, 2020 For the nine months ended September 30, 2020 Funds % of Fair Value Income Expenses Net Investment Redemptions Clearing Professional ADG Master 13.61 % $ 10,730,488 $ (2,977,188 ) $ 25,410 $ 30,100 $ (3,032,698 ) Commodity Portfolio Monthly Aquantum Master 11.79 % 9,297,798 755,070 205,635 26,159 523,276 Commodity Portfolio Monthly FORT Contrarian Master 6.13 % 4,837,106 (74,228 ) 16,315 3,699 (94,242 ) Commodity Portfolio Monthly Total $ 24,865,392 $ (2,296,346 ) $ 247,360 $ 59,958 $ (2,603,664 ) December 31, 2019 For the three months ended September 30, 2019 Funds % of Fair Value Income Expenses Net Investment Redemptions Clearing Professional ADG Master 27.27 % $ 28,958,000 $ 447,496 $ 10,573 $ 11,506 $ 425,417 Commodity Portfolio Monthly Aquantum Master 19.06 % 20,243,474 (2,466,946 ) 115,089 17,122 (2,599,157 ) Commodity Portfolio Monthly FORT Contrarian Master 13.42 % 14,258,248 1,376,009 20,896 2,384 1,352,729 Commodity Portfolio Monthly Total $ 63,459,722 $ (643,441 ) $ 146,558 $ 31,012 $ (821,011 ) December 31, 2019 For the nine months ended September 30, 2019 Funds % of Fair Value Income Expenses Net Investment Redemptions Clearing Professional ADG Master (a) 27.27 % $ 28,958,000 $ 104,886 $ 27,318 $ 31,921 $ 45,647 Commodity Portfolio Monthly AE Capital Master (b) 0.00 % - (503,135 ) 30,394 26,381 (559,910 ) Commodity Portfolio Monthly Aquantum Master (c) 19.06 % 20,243,474 (2,929,688 ) 163,371 24,212 (3,117,271 ) Commodity Portfolio Monthly Cambridge Master (d) 0.00 % - (1,069,568 ) 13,782 14,753 (1,098,103 ) Commodity Portfolio Monthly FORT Contrarian Master 13.42 % 14,258,248 5,191,346 50,433 6,810 5,134,103 Commodity Portfolio Monthly SECOR Master (e) 0.00 % - 2,071,703 269,386 20,096 1,782,221 Commodity Portfolio Monthly Total $ 63,459,722 $ 2,865,544 $ 554,684 $ 124,173 $ 2,186,687 (a) From February 1, 2019, the date the Partnership invested into ADG Master, through September 30, 2019. (b) From January 1, 2019 through April 30, 2019, the date the Partnership fully redeemed its investment in AE Capital Master. (c) From June 1, 2019, the date the Partnership invested into Aquantum Master, through September 30, 2019. (d) From January 1, 2019 through March 31, 2019, the date the Partnership fully redeemed its investment in Cambridge Master. (e) From January 1, 2019 through June 30, 2019, the date the Partnership fully redeemed its investment in SECOR Capital Master.

Financial Instrument Risks

Financial Instrument Risks	9 Months Ended
Financial Instrument Risks	Sep. 30, 2020
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. Forward Foreign Currency Contracts. London Metal Exchange Forward Contracts. Market risk is the potential for changes in the value of the financial instruments traded by the Partnership/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 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. For certain OTC contracts traded by Cambridge Master and SECOR Master prior to their respective full redemptions, JPMorgan was the counterparty with respect to those assets. Credit risk with respect to exchange-traded instruments is reduced to the extent that, through MS&Co. or an MS&Co. affiliate, the Partnership’s/Funds’ counterparty is an exchange or clearing organization. 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 performance indicators and correlation statistics. In addition, online monitoring systems provide account analysis of futures, forward and option contracts by sector, margin requirements, gain and loss transactions and collateral positions. The majority of these financial instruments mature within one year of the inception date. However, due to the nature of the Partnership’s/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.

Subsequent Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2020
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, other than disclosed below, there were no subsequent events requiring adjustment to or disclosure in the financial statements. Effective November 1, 2020, Episteme Capital Partners (UK) LLP, Episteme Capital Partners (US) LLC, and Episteme Capital Partners (Cayman) LTD (collectively, “Episteme”) directly trades the Partnership’s assets allocated to them through a managed account in the name of the Partnership pursuant to Episteme’s Systematic Quest Program.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2020
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 and the Funds do not isolate the portion of the results of operations arising from the effect of changes in foreign exchange rates on investments from fluctuations from changes in market prices of investments held. Such fluctuations are included in total trading results in the Partnership’s/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
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

Financial Highlights (Tables)

Financial Highlights (Tables)	9 Months Ended
Financial Highlights (Tables)	Sep. 30, 2020
Investment Company [Abstract]
Financial Highlights	Financial highlights for the limited partner Classes as a whole for the three and nine months ended September 30, 2020 and 2019 were as follows: Three Months Ended September 30, 2020 Three Months Ended September 30, 2019 Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 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 Net realized and unrealized $ 8.88 $ 11.10 $ 11.30 $ (3.25 ) $ (4.09 ) $ (4.17 ) $ (38.67 ) $ (48.32 ) $ (49.09 ) $ 30.58 $ 37.43 $ 37.60 Net investment loss (6.63 ) (7.74 ) (6.22 ) (7.93 ) (6.70 ) (4.90 ) (22.89 ) (22.20 ) (17.54 ) (22.81 ) (18.90 ) (13.44 ) Increase (decrease) for the period 2.25 3.36 5.08 (11.18 ) (10.79 ) (9.07 ) (61.56 ) (70.52 ) (66.63 ) 7.77 18.53 24.16 Net asset value per Redeemable Unit, 688.07 860.04 876.42 785.23 969.22 980.26 751.88 933.92 948.13 766.28 939.90 947.03 Net asset value per Redeemable Unit, $ 690.32 $ 863.40 $ 881.50 $ 774.05 $ 958.43 $ 971.19 $ 690.32 $ 863.40 $ 881.50 $ 774.05 $ 958.43 $ 971.19 Three Months Ended September 30, 2020 Three Months Ended September 30, 2019 Nine Months Ended September 30, 2020 Nine Months Ended September 30, 2019 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 Net investment loss*** (3.8 )% (3.6 )% (2.8 )% (3.6 )% (2.3 )% (1.5 )% (4.3 )% (3.3 )% (2.6 )% (3.8 )% (2.5 )% (1.7 )% Operating expenses 3.9 % 3.6 % 2.9 % 5.2 % 3.9 % 3.2 % 4.8 % 3.8 % 3.0 % 5.4 % 4.0 % 3.3 % Incentive fees - % - % - % 0.2 % 0.2 % 0.2 % - % - % - % 0.5 % 0.4 % 0.4 % Total expenses 3.9 % 3.6 % 2.9 % 5.4 % 4.1 % 3.4 % 4.8 % 3.8 % 3.0 % 5.9 % 4.4 % 3.7 % Total return: Total return before incentive fees 0.3 % 0.4 % 0.6 % (1.3 )% (1.0 )% (0.8 )% (8.2 )% (7.6 )% (7.0 )% 1.5 % 2.4 % 3.0 % Incentive fees - % - % - % (0.1 )% (0.1 )% (0.1 )% - % - % - % (0.5 )% (0.4 )% (0.4 )% Total return after incentive fees 0.3 % 0.4 % 0.6 % (1.4 )% (1.1 )% (0.9 )% (8.2 )% (7.6 )% (7.0 )% 1.0 % 2.0 % 2.6 % * Net investment loss per Redeemable Unit is calculated by dividing the interest income less total expenses by the average number of Redeemable Units outstanding during the period. The net realized and unrealized gains (losses) per Redeemable Unit is a balancing amount necessary to reconcile the change in net asset value per Redeemable Unit with the other per unit information. Annualized (except for incentive fees). * Interest income less total expenses.

Trading Activities (Tables)

Trading Activities (Tables)	9 Months Ended
Trading Activities (Tables)	Sep. 30, 2020
Brokers and Dealers [Abstract]
Summary of Gross and Net Amounts Recognized Relating to Assets and Liabilities of Partnership's Derivatives	The following tables summarize the gross and net amounts recognized relating to assets and liabilities of the Partnership’s derivatives and their offsetting subject to master netting arrangements or similar agreements as of September 30, 2020 and December 31, 2019, respectively. September 30, 2020 Gross Gross Amounts Condition Net Amounts Condition Gross Amounts Not Offset in the Statements of Financial Condition Net Financial Cash Collateral Pledged* Assets Futures $ 1,248,488 $ (628,463 ) $ 620,025 $ - $ - $ 620,025 Forwards 1,091,642 (1,091,642 ) - - - - Total assets $ 2,340,130 $ (1,720,105 ) $ 620,025 $ - $ - $ 620,025 Liabilities Futures $ (628,463 ) $ 628,463 $ - $ - $ - $ - Forwards (1,367,315 ) 1,091,642 (275,673 ) - 275,673 - Total liabilities $ (1,995,778 ) $ 1,720,105 $ (275,673 ) $ - $ 275,673 $ - Net fair value $ 620,025 * Gross Gross Amounts Condition Net Amounts Condition Gross Amounts Not Offset in the Statements of Financial Condition Net December 31, 2019 Financial Cash Collateral Pledged* Assets Futures $ 1,277,600 $ (669,025 ) $ 608,575 $ - $ - $ 608,575 Forwards 494,931 (494,931 ) - - - - Total assets $ 1,772,531 $ (1,163,956 ) $ 608,575 $ - $ - $ 608,575 Liabilities Futures $ (669,025 ) $ 669,025 $ - $ - $ - $ - Forwards (687,069 ) 494,931 (192,138 ) - 192,138 - Total liabilities $ (1,356,094 ) $ 1,163,956 $ (192,138 ) $ - $ 192,138 $ - Net fair value $ 608,575 * * In the event of default by the Partnership, MS&Co., the Partnership’s commodity futures broker and the sole counterparty to the Partnership’s non-exchange-traded
Gross Fair Values of Derivative Instruments of Futures and Forward Contracts Traded	The following tables indicate the gross fair values of derivative instruments of futures and forward contracts held directly by the Partnership as separate assets and liabilities as of September 30, 2020 and December 31, 2019, respectively. September 30, Assets Futures Contracts Currencies $ 7,041 Energy 111,569 Grains 227,602 Indices 148,830 Interest Rates U.S. 41,352 Interest Rates Non-U.S. 566,547 Livestock 870 Metals 115,620 Softs 29,057 Total unrealized appreciation on open futures contracts 1,248,488 Liabilities Futures Contracts Currencies (34,908 ) Energy (52,877 ) Grains (94,825 ) Indices (91,052 ) Interest Rates U.S. (27,172 ) Interest Rates Non-U.S. (76,678 ) Livestock (35,423 ) Metals (145,729 ) Softs (69,799 ) Total unrealized depreciation on open futures contracts (628,463 ) Net unrealized appreciation on open futures contracts $ 620,025 * Assets Forward Contracts Currencies $ 950,056 Metals 141,586 Total unrealized appreciation on open forward contracts 1,091,642 Liabilities Forward Contracts Currencies (1,105,934 ) Metals (261,381 ) Total unrealized depreciation on open forward contracts (1,367,315 ) Net unrealized depreciation on open forward contracts $ (275,673 ) ** * This amount is in “Net unrealized appreciation on open futures contracts” in the Statements of Financial Condition. ** This amount is in “Net unrealized depreciation on open forward contracts” in the Statements of Financial Condition. December 31, Assets Futures Contracts Currencies $ 41,266 Energy 467,028 Grains 109,021 Indices 172,030 Interest Rates U.S. 3,414 Interest Rates Non-U.S. 26,967 Livestock 46,630 Metals 350,487 Softs 60,757 Total unrealized appreciation on open futures contracts 1,277,600 Liabilities Futures Contracts Currencies (21,417 ) Energy (53,906 ) Grains (65,773 ) Indices (91,719 ) Interest Rates U.S. (15,375 ) Interest Rates Non-U.S. (380,879 ) Livestock (15,300 ) Metals (6,475 ) Softs (18,181 ) Total unrealized depreciation on open futures contracts (669,025 ) Net unrealized appreciation on open futures contracts $ 608,575 * Assets Forward Contracts Currencies $ 469,914 Metals 25,017 Total unrealized appreciation on open forward contracts 494,931 Liabilities Forward Contracts Currencies (526,456 ) Metals (160,613 ) Total unrealized depreciation on open forward contracts (687,069 ) Net unrealized depreciation on open forward contracts $ (192,138 ) ** * This amount is in “Net unrealized appreciation on open futures contracts” in the Statements of Financial Condition. ** This amount is in “Net unrealized depreciation on open forward contracts” in the Statements of Financial Condition.
Trading Gains and Losses by Market Sector on Derivative Instruments Traded	The following table indicates the trading gains and losses, by market sector, on derivative instruments traded directly by the Partnership for the three and nine months ended September 30, 2020 and 2019, respectively. Three Months Ended Nine Months Ended Sector 2020 2019 2020 2019 Currencies $ 85,424 $ 586,043 $ (278,203 ) $ (276,513 ) Energy (217,329 ) (1,034,534 ) 2,754,320 (2,129,502 ) Grains (160,979 ) (128,237 ) 162,305 (316,778 ) Indices 978,006 (838,712 ) (8,304,084 ) (1,107,577 ) Interest Rates U.S. (87,117 ) 299,914 1,061,930 1,057,749 Interest Rates Non-U.S. (8,469 ) 1,742,466 1,641,868 7,322,899 Livestock (323,422 ) (262,587 ) 182,766 (681,399 ) Metals 794,694 342,312 1,265,012 77,650 Softs (497,368 ) (157,855 ) (1,317,077 ) (410,989 ) Total $ 563,440 * $ 548,810 * $ (2,831,163 ) * $ 3,535,540 * *** 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, 2020
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Measured at Fair Value	As of September 30, 2020 and December 31, 2019 and for the periods ended September 30, 2020 and 2019, 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, 2020 Total Level 1 Level 2 Level 3 Assets Futures $ 1,248,488 $ 1,248,488 $ - $ - Forwards 1,091,642 - 1,091,642 - Total Assets $ 2,340,130 $ 1,248,488 $ 1,091,642 $ - Liabilities Futures $ 628,463 $ 628,463 $ - $ - Forwards 1,367,315 - 1,367,315 - Total Liabilities $ 1,995,778 $ 628,463 $ 1,367,315 $ - December 31, 2019 Total Level 1 Level 2 Level 3 Assets Futures $ 1,277,600 $ 1,277,600 $ - $ - Forwards 494,931 - 494,931 - Total Assets $ 1,772,531 $ 1,277,600 $ 494,931 $ - Liabilities Futures $ 669,025 $ 669,025 $ - $ - Forwards 687,069 - 687,069 - Total Liabilities $ 1,356,094 $ 669,025 $ 687,069 $ -

Investment in the Funds (Tables

Investment in the Funds (Tables)	9 Months Ended
Investment in the Funds (Tables)	Sep. 30, 2020
Schedule of Investments [Abstract]
Assets, Liabilities and Partners'/Members' Capital of Funds	Summarized information reflecting the total assets, liabilities and members’ capital of the Funds is shown in the following tables: September 30, 2020 Total Assets Total Liabilities Total Capital ADG Master $ 18,975,815 $ 384,117 $ 18,591,698 Aquantum Master 18,400,197 80,292 18,319,905 FORT Contrarian Master 92,444,999 2,215,131 90,229,868 December 31, 2019 Total Assets Total Liabilities Total Capital ADG Master $ 44,209,233 $ 308,783 $ 43,900,450 Aquantum Master 37,857,547 2,327,205 35,530,342 FORT Contrarian Master 135,604,970 4,607,083 130,997,887
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, 2020 Net Investment Total Trading Net Income ADG Master $ (23,141 ) $ 61,340 $ 38,199 Aquantum Master (72,581 ) 945,402 872,821 FORT Contrarian Master (50,744 ) 479,535 428,791 For the nine months ended September 30, 2020 Net Investment Total Trading Net Income ADG Master $ (2,713 ) $ (4,985,434 ) $ (4,988,147 ) Aquantum Master (353,108 ) 1,405,725 1,052,617 FORT Contrarian Master 88,280 (2,814,545 ) (2,726,265 ) For the three months ended September 30, 2019 Net Investment Total Trading Net Income ADG Master $ 139,759 $ 526,901 $ 666,660 Aquantum Master (29,826 ) (4,900,506 ) (4,930,332 ) FORT Contrarian Master 622,968 8,921,691 9,544,659 For the nine months ended September 30, 2019 Net Investment Total Trading Net Income ADG Master (a) $ 351,634 $ (251,192 ) $ 100,442 AE Capital Master (b) 71,739 (890,810 ) (819,071 ) Aquantum Master (c) (84,895 ) (6,009,377 ) (6,094,272 ) Cambridge Master (d) 71,028 (1,169,131 ) (1,098,103 ) FORT Contrarian Master 2,191,944 38,006,895 40,198,839 SECOR Master (e) (84,266 ) 2,719,987 2,635,721 (a) From February 1, 2019, commencement of operations for ADG Master, through September 30, 2019. (b) From January 1, 2019 through April 30, 2019, the date AE Capital Master terminated operations. (c) From June 1, 2019, commencement of operations for Aquantum Master, through September 30, 2019. (d) From January 1, 2019 through March 31, 2019, the date Cambridge Master terminated operations. (e) From January 1, 2019 through June 30, 2019, the date SECOR Master terminated operations.
Partnership's Investments in, and Partnership's Pro Rata Share of Results of Operations of Funds	Summarized information reflecting the Partnership’s investment in and the Partnership’s pro-rata September 30, 2020 For the three months ended September 30, 2020 Funds % of Fair Value Income Expenses Net Investment Redemptions Clearing Professional ADG Master 13.61 % $ 10,730,488 $ 33,087 $ 5,411 $ 9,752 $ 17,924 Commodity Portfolio Monthly Aquantum Master 11.79 % 9,297,798 481,810 30,174 8,629 443,007 Commodity Portfolio Monthly FORT Contrarian Master 6.13 % 4,837,106 48,894 4,273 1,367 43,254 Commodity Portfolio Monthly Total $ 24,865,392 $ 563,791 $ 39,858 $ 19,748 $ 504,185 September 30, 2020 For the nine months ended September 30, 2020 Funds % of Fair Value Income Expenses Net Investment Redemptions Clearing Professional ADG Master 13.61 % $ 10,730,488 $ (2,977,188 ) $ 25,410 $ 30,100 $ (3,032,698 ) Commodity Portfolio Monthly Aquantum Master 11.79 % 9,297,798 755,070 205,635 26,159 523,276 Commodity Portfolio Monthly FORT Contrarian Master 6.13 % 4,837,106 (74,228 ) 16,315 3,699 (94,242 ) Commodity Portfolio Monthly Total $ 24,865,392 $ (2,296,346 ) $ 247,360 $ 59,958 $ (2,603,664 ) December 31, 2019 For the three months ended September 30, 2019 Funds % of Fair Value Income Expenses Net Investment Redemptions Clearing Professional ADG Master 27.27 % $ 28,958,000 $ 447,496 $ 10,573 $ 11,506 $ 425,417 Commodity Portfolio Monthly Aquantum Master 19.06 % 20,243,474 (2,466,946 ) 115,089 17,122 (2,599,157 ) Commodity Portfolio Monthly FORT Contrarian Master 13.42 % 14,258,248 1,376,009 20,896 2,384 1,352,729 Commodity Portfolio Monthly Total $ 63,459,722 $ (643,441 ) $ 146,558 $ 31,012 $ (821,011 ) December 31, 2019 For the nine months ended September 30, 2019 Funds % of Fair Value Income Expenses Net Investment Redemptions Clearing Professional ADG Master (a) 27.27 % $ 28,958,000 $ 104,886 $ 27,318 $ 31,921 $ 45,647 Commodity Portfolio Monthly AE Capital Master (b) 0.00 % - (503,135 ) 30,394 26,381 (559,910 ) Commodity Portfolio Monthly Aquantum Master (c) 19.06 % 20,243,474 (2,929,688 ) 163,371 24,212 (3,117,271 ) Commodity Portfolio Monthly Cambridge Master (d) 0.00 % - (1,069,568 ) 13,782 14,753 (1,098,103 ) Commodity Portfolio Monthly FORT Contrarian Master 13.42 % 14,258,248 5,191,346 50,433 6,810 5,134,103 Commodity Portfolio Monthly SECOR Master (e) 0.00 % - 2,071,703 269,386 20,096 1,782,221 Commodity Portfolio Monthly Total $ 63,459,722 $ 2,865,544 $ 554,684 $ 124,173 $ 2,186,687 (a) From February 1, 2019, the date the Partnership invested into ADG Master, through September 30, 2019. (b) From January 1, 2019 through April 30, 2019, the date the Partnership fully redeemed its investment in AE Capital Master. (c) From June 1, 2019, the date the Partnership invested into Aquantum Master, through September 30, 2019. (d) From January 1, 2019 through March 31, 2019, the date the Partnership fully redeemed its investment in Cambridge Master. (e) From January 1, 2019 through June 30, 2019, the date the Partnership fully redeemed its investment in SECOR Capital Master.

Organization - Additional Infor

Organization - Additional Information (Detail) - $ / shares	Sep. 30, 2020	Jul. 01, 2020	Jun. 30, 2020	Sep. 30, 2020	Oct. 07, 2004	Dec. 04, 2003	Apr. 30, 2003
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Number of redeemable units of limited partnership interest issued and sold during initial public offering							36,616
Redeemable Units per share							$ 1,000
Number of Redeemable Units authorized to be sold during initial public offering period					1,000,000	700,000	300,000
Maximum number of Redeemable Units sold by the Partnership	0			0
Percentage of general partner fee	1.00%	0.875%
Class D Redeemable Units [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Monthly ongoing selling agent fee				0.0625%
Ongoing selling agent fee		0.75%
Class D Redeemable Units [Member] \| Morgan Stanley Wealth Management [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing selling agent fee			0.75%
Class D Redeemable Units [Member] \| Harbor Investment Advisory, LLC [Member] \| Harbor Selling Agreement [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing placement agent fees payable annually			0.75%
Class A Redeemable Units [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Monthly ongoing selling agent fee				0.1667%
Ongoing selling agent fee		1.00%	2.00%
Class A Redeemable Units [Member] \| Morgan Stanley Wealth Management [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing selling agent fee		1.00%	2.00%
Class A Redeemable Units [Member] \| Harbor Investment Advisory, LLC [Member] \| Harbor Selling Agreement [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing placement agent fees payable annually		1.00%	2.00%

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Cash denominated in foreign currencies	$ 1,715,933	$ (36,976)
Cash denominated in foreign currencies, proceeds	1,712,961	37,204
Restricted cash held for margin	10,391,502	$ 9,262,539
Uncertain tax position	$ 0
Open tax year	2016 2017 2018 2019

Financial Highlights - Schedule

Financial Highlights - Schedule of Changes in Net Asset Value (Detail) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Class A Redeemable Units [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period)
Net realized and unrealized gains (losses)	$ 8.88	$ (3.25)	$ (38.67)	$ 30.58
Net investment loss	(6.63)	(7.93)	(22.89)	(22.81)
Increase (decrease) for the period	2.25	(11.18)	(61.56)	7.77
Net asset value per Redeemable Unit, beginning of period	688.07	785.23	751.88	766.28
Net asset value per Redeemable Unit, end of period	690.32	774.05	690.32	774.05
Class D Redeemable Units [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period)
Net realized and unrealized gains (losses)	11.10	(4.09)	(48.32)	37.43
Net investment loss	(7.74)	(6.70)	(22.20)	(18.90)
Increase (decrease) for the period	3.36	(10.79)	(70.52)	18.53
Net asset value per Redeemable Unit, beginning of period	860.04	969.22	933.92	939.90
Net asset value per Redeemable Unit, end of period	863.40	958.43	863.40	958.43
Class Z Redeemable Units [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period)
Net realized and unrealized gains (losses)	11.30	(4.17)	(49.09)	37.60
Net investment loss	(6.22)	(4.90)	(17.54)	(13.44)
Increase (decrease) for the period	5.08	(9.07)	(66.63)	24.16
Net asset value per Redeemable Unit, beginning of period	876.42	980.26	948.13	947.03
Net asset value per Redeemable Unit, end of period	$ 881.50	$ 971.19	$ 881.50	$ 971.19

Financial Highlights - Ratios t

Financial Highlights - Ratios to Average Limited Partners' Capital (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Class A Redeemable Units [Member]
Ratios to Average Limited Partners' Capital:
Net investment loss	(3.80%)	(3.60%)	(4.30%)	(3.80%)
Operating expenses	3.90%	5.20%	4.80%	5.40%
Incentive fees		0.20%		0.50%
Total expenses	3.90%	5.40%	4.80%	5.90%
Total return:
Total return before incentive fees	0.30%	(1.30%)	(8.20%)	1.50%
Incentive fees		(0.20%)		(0.50%)
Total return after incentive fees	0.30%	(1.40%)	(8.20%)	1.00%
Class D Redeemable Units [Member]
Ratios to Average Limited Partners' Capital:
Net investment loss	(3.60%)	(2.30%)	(3.30%)	(2.50%)
Operating expenses	3.60%	3.90%	3.80%	4.00%
Incentive fees		0.20%		0.40%
Total expenses	3.60%	4.10%	3.80%	4.40%
Total return:
Total return before incentive fees	0.40%	(1.00%)	(7.60%)	2.40%
Incentive fees		(0.20%)		(0.40%)
Total return after incentive fees	0.40%	(1.10%)	(7.60%)	2.00%
Class Z Redeemable Units [Member]
Ratios to Average Limited Partners' Capital:
Net investment loss	(2.80%)	(1.50%)	(2.60%)	(1.70%)
Operating expenses	2.90%	3.20%	3.00%	3.30%
Incentive fees		0.20%		0.40%
Total expenses	2.90%	3.40%	3.00%	3.70%
Total return:
Total return before incentive fees	0.60%	(0.80%)	(7.00%)	3.00%
Incentive fees		(0.20%)		(0.40%)
Total return after incentive fees	0.60%	(0.90%)	(7.00%)	2.60%

Trading Activities - Additional

Trading Activities - Additional Information (Detail)	3 Months Ended		9 Months Ended
Trading Activities - Additional Information (Detail)	Sep. 30, 2020USD ($)Contract	Sep. 30, 2019USD ($)Contract	Sep. 30, 2020USD ($)Contract	Sep. 30, 2019USD ($)Contract
Futures Contracts [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Average number of derivative contracts held	4,625	5,582	4,165	5,103
Forward Contracts [Member] \| Metals [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Average number of derivative contracts held	295	282	341	227
Forward Contracts [Member] \| Currencies [Member]
Trading Activity, Gains and Losses, Net [Line Items]
Average notional value of derivative \| $ \| $	$ 177,320,894	$ 149,590,574	$ 200,494,413	$ 137,995,663

Trading Activities - Summary of

Trading Activities - Summary of Gross and Net Amounts Recognized Relating to Assets and Liabilities of Partnership's Derivatives (Detail) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Gross Amounts Recognized, Assets	$ 2,340,130	$ 1,772,531
Gross Amounts Offset in the Statements of Financial Condition, Assets	(1,720,105)	(1,163,956)
Amounts Presented in the Statements of Financial Condition, Assets	620,025	608,575
Net Amount, Assets	620,025	608,575
Gross Amounts Recognized, Liabilities	(1,995,778)	(1,356,094)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities	1,720,105	1,163,956
Amounts Presented in the Statements of Financial Condition, Liabilities	(275,673)	(192,138)
Cash Collateral Received/Pledged, Liabilities	275,673	192,138
Net fair value	620,025	608,575
Futures Contracts [Member]
Derivative [Line Items]
Gross Amounts Recognized, Assets	1,248,488	1,277,600
Gross Amounts Offset in the Statements of Financial Condition, Assets	(628,463)	(669,025)
Amounts Presented in the Statements of Financial Condition, Assets	620,025	608,575
Net Amount, Assets	620,025	608,575
Gross Amounts Recognized, Liabilities	(628,463)	(669,025)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities	628,463	669,025
Forward Contracts [Member]
Derivative [Line Items]
Gross Amounts Recognized, Assets	1,091,642	494,931
Gross Amounts Offset in the Statements of Financial Condition, Assets	(1,091,642)	(494,931)
Gross Amounts Recognized, Liabilities	(1,367,315)	(687,069)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities	1,091,642	494,931
Amounts Presented in the Statements of Financial Condition, Liabilities	(275,673)	(192,138)
Cash Collateral Received/Pledged, Liabilities	$ 275,673	$ 192,138

Trading Activities - Gross Fair

Trading Activities - Gross Fair Values of Derivative Instruments of Futures and Forward Contracts Traded (Detail) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Futures Contracts [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	$ 1,248,488	$ 1,277,600
Total unrealized depreciation on open contracts	(628,463)	(669,025)
Net unrealized depreciation on open forward contracts	620,025	608,575
Futures Contracts [Member] \| Currencies [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	7,041	41,266
Total unrealized depreciation on open contracts	(34,908)	(21,417)
Futures Contracts [Member] \| Energy [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	111,569	467,028
Total unrealized depreciation on open contracts	(52,877)	(53,906)
Futures Contracts [Member] \| Grains [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	227,602	109,021
Total unrealized depreciation on open contracts	(94,825)	(65,773)
Futures Contracts [Member] \| Indices [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	148,830	172,030
Total unrealized depreciation on open contracts	(91,052)	(91,719)
Futures Contracts [Member] \| Interest Rates U.S. [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	41,352	3,414
Total unrealized depreciation on open contracts	(27,172)	(15,375)
Futures Contracts [Member] \| Interest Rates Non-U.S. [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	566,547	26,967
Total unrealized depreciation on open contracts	(76,678)	(380,879)
Futures Contracts [Member] \| Livestock [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	870	46,630
Total unrealized depreciation on open contracts	(35,423)	(15,300)
Futures Contracts [Member] \| Metals [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	115,620	350,487
Total unrealized depreciation on open contracts	(145,729)	(6,475)
Futures Contracts [Member] \| Softs [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	29,057	60,757
Total unrealized depreciation on open contracts	(69,799)	(18,181)
Forward Contracts [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	1,091,642	494,931
Total unrealized depreciation on open contracts	(1,367,315)	(687,069)
Net unrealized depreciation on open forward contracts	(275,673)	(192,138)
Forward Contracts [Member] \| Currencies [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	950,056	469,914
Total unrealized depreciation on open contracts	(1,105,934)	(526,456)
Forward Contracts [Member] \| Metals [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts	141,586	25,017
Total unrealized depreciation on open contracts	(261,381)	$ (160,613)
Net unrealized depreciation on open forward contracts	$ (261,381)

Trading Activities - Trading Ga

Trading Activities - Trading Gains and Losses by Market Sector on Derivative Instruments Traded (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Derivative [Line Items]
Total trading results	$ 563,440	$ 548,810	$ (2,831,163)	$ 3,535,540
Currencies [Member]
Derivative [Line Items]
Total trading results	85,424	586,043	(278,203)	(276,513)
Energy [Member]
Derivative [Line Items]
Total trading results	(217,329)	(1,034,534)	2,754,320	(2,129,502)
Grains [Member]
Derivative [Line Items]
Total trading results	(160,979)	(128,237)	162,305	(316,778)
Indices [Member]
Derivative [Line Items]
Total trading results	978,006	(838,712)	(8,304,084)	(1,107,577)
Interest Rates U.S. [Member]
Derivative [Line Items]
Total trading results	(87,117)	299,914	1,061,930	1,057,749
Interest Rates Non-U.S. [Member]
Derivative [Line Items]
Total trading results	(8,469)	1,742,466	1,641,868	7,322,899
Livestock [Member]
Derivative [Line Items]
Total trading results	(323,422)	(262,587)	182,766	(681,399)
Metals [Member]
Derivative [Line Items]
Total trading results	794,694	342,312	1,265,012	77,650
Softs [Member]
Derivative [Line Items]
Total trading results	$ (497,368)	$ (157,855)	$ (1,317,077)	$ (410,989)

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - DerivativeInstrument	Sep. 30, 2020	Dec. 31, 2019
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instruments held	0	0

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Assets and Liabilities Measured at Fair Value (Detail) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Assets
Total assets	$ 2,340,130	$ 1,772,531
Liabilities
Total liabilities	1,995,778	1,356,094
Futures Contracts [Member]
Assets
Total assets	1,248,488	1,277,600
Liabilities
Total liabilities	628,463	669,025
Forward Contracts [Member]
Assets
Total assets	1,091,642	494,931
Liabilities
Total liabilities	1,367,315	687,069
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) [Member]
Assets
Total assets	1,248,488	1,277,600
Liabilities
Total liabilities	628,463	669,025
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) [Member] \| Futures Contracts [Member]
Assets
Total assets	1,248,488	1,277,600
Liabilities
Total liabilities	628,463	669,025
Significant Other Observable Inputs (Level 2) [Member]
Assets
Total assets	1,091,642	494,931
Liabilities
Total liabilities	1,367,315	687,069
Significant Other Observable Inputs (Level 2) [Member] \| Forward Contracts [Member]
Assets
Total assets	1,091,642	494,931
Liabilities
Total liabilities	$ 1,367,315	$ 687,069

Investment in the Funds - Addit

Investment in the Funds - Additional Information (Detail)	9 Months Ended
Investment in the Funds - Additional Information (Detail)	Sep. 30, 2020	Dec. 31, 2019
Cambridge Master Fund L.P. [Member]
Investment [Line Items]
Percentage owned by partnership		56.90%
SECOR Alpha Master Fund L.P. [Member]
Investment [Line Items]
Percentage owned by partnership		10.90%
CMF FORT Contrarian Master Fund LLC [Member]
Investment [Line Items]
Maximum amount of partnership assets allocated to trading advisor	1.25
Percentage owned by partnership	5.40%
CMF AE Capital Master Fund LLC [Member]
Investment [Line Items]
Percentage owned by partnership		65.90%
CMF ADG Master Fund LLC [Member]
Investment [Line Items]
Percentage owned by partnership	57.70%
CMF Aquantam Master Fund LLC [Member]
Investment [Line Items]
Percentage owned by partnership	50.70%

Investment in the Funds - Asset

Investment in the Funds - Assets, Liabilities and Partners'/Members' Capital of Funds (Detail) - USD ($)	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Investment Holdings [Line Items]
Total Assets	$ 81,500,563		$ 109,014,573
Total Liabilities	2,640,031		2,805,974
Total Capital	78,860,532	$ 83,630,616	106,208,599	$ 116,127,532	$ 122,384,791	$ 134,018,220
CMF ADG Master Fund LLC [Member]
Investment Holdings [Line Items]
Total Assets	18,975,815		44,209,233
Total Liabilities	384,117		308,783
Total Capital	18,591,698		43,900,450
CMF Aquantam Master Fund LLC [Member]
Investment Holdings [Line Items]
Total Assets	18,400,197		37,857,547
Total Liabilities	80,292		2,327,205
Total Capital	18,319,905		35,530,342
CMF FORT Contrarian Master Fund LLC [Member]
Investment Holdings [Line Items]
Total Assets	92,444,999		135,604,970
Total Liabilities	2,215,131		4,607,083
Total Capital	$ 90,229,868		$ 130,997,887

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, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Investment Holdings [Line Items]
Net Investment Income (Loss)	$ (783,717)	$ (1,191,244)	$ (2,900,001)	$ (3,612,893)
Total Trading Results	1,121,762	(430,649)	(5,256,457)	5,177,210
Net income (loss)	338,045	(1,621,893)	(8,156,458)	1,564,317
Cambridge Master Fund L.P. [Member]
Investment Holdings [Line Items]
Net Investment Income (Loss)				71,028
Total Trading Results				(1,169,131)
Net income (loss)				(1,098,103)
SECOR Alpha Master Fund L.P. [Member]
Investment Holdings [Line Items]
Net Investment Income (Loss)				(84,266)
Total Trading Results				2,719,987
Net income (loss)				2,635,721
CMF FORT Contrarian Master Fund LLC [Member]
Investment Holdings [Line Items]
Net Investment Income (Loss)	(50,744)	622,968	88,280	2,191,944
Total Trading Results	479,535	8,921,691	(2,814,545)	38,006,895
Net income (loss)	428,791	9,544,659	(2,726,265)	40,198,839
CMF AE Capital Master Fund LLC [Member]
Investment Holdings [Line Items]
Net Investment Income (Loss)				71,739
Total Trading Results				(890,810)
Net income (loss)				(819,071)
CMF ADG Master Fund LLC [Member]
Investment Holdings [Line Items]
Net Investment Income (Loss)	(23,141)	139,759	(2,713)	351,634
Total Trading Results	61,340	526,901	(4,985,434)	(251,192)
Net income (loss)	38,199	666,660	(4,988,147)	100,442
CMF Aquantam Master Fund LLC [Member]
Investment Holdings [Line Items]
Net Investment Income (Loss)	(72,581)	(29,826)	(353,108)	(84,895)
Total Trading Results	945,402	(4,900,506)	1,405,725	(6,009,377)
Net income (loss)	$ 872,821	$ (4,930,332)	$ 1,052,617	$ (6,094,272)

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, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Investment Holdings [Line Items]
% of Partner's Capital		31.53%		31.53%		59.75%
Fair Value	[1]	$ 24,865,392		$ 24,865,392		$ 63,459,722
Income (Loss)		1,121,762	$ (430,649)	(5,256,457)	$ 5,177,210
Net income (loss)		$ 338,045	(1,621,893)	$ (8,156,458)	1,564,317
Cambridge Master Fund L.P. [Member]
Investment Holdings [Line Items]
% of Partner's Capital						0.00%
Fair Value						$ 0
SECOR Alpha Master Fund L.P. [Member]
Investment Holdings [Line Items]
% of Partner's Capital						0.00%
Fair Value						$ 0
CMF FORT Contrarian Master Fund LLC [Member]
Investment Holdings [Line Items]
% of Partner's Capital		6.13%		6.13%		13.42%
Fair Value		$ 4,837,106		$ 4,837,106		$ 14,258,248
CMF AE Capital Master Fund LLC [Member]
Investment Holdings [Line Items]
% of Partner's Capital						0.00%
Fair Value						$ 0
CMF ADG Master Fund LLC [Member]
Investment Holdings [Line Items]
% of Partner's Capital		13.61%		13.61%		27.27%
Fair Value		$ 10,730,488		$ 10,730,488		$ 28,958,000
CMF Aquantam Master Fund LLC [Member]
Investment Holdings [Line Items]
% of Partner's Capital		11.79%		11.79%		19.06%
Fair Value		$ 9,297,798		$ 9,297,798		$ 20,243,474
Investment In Funds [Member] \| Commodity [Member]
Investment Holdings [Line Items]
Income (Loss)		563,791	(643,441)	(2,296,346)	2,865,544
Expenses, Clearing Fees		39,858	146,558	247,360	554,684
Expenses, Professional Fees		19,748	31,012	59,958	124,173
Net income (loss)		504,185	(821,011)	(2,603,664)	2,186,687
Investment In Funds [Member] \| Cambridge Master Fund L.P. [Member] \| Commodity [Member]
Investment Holdings [Line Items]
Income (Loss)					(1,069,568)
Expenses, Clearing Fees					13,782
Expenses, Professional Fees					14,753
Net income (loss)					$ (1,098,103)
Investment Objective					Commodity Portfolio
Redemptions Permitted					Monthly
Investment In Funds [Member] \| SECOR Alpha Master Fund L.P. [Member] \| Commodity [Member]
Investment Holdings [Line Items]
Income (Loss)					$ 2,071,703
Expenses, Clearing Fees					269,386
Expenses, Professional Fees					20,096
Net income (loss)					$ 1,782,221
Investment Objective					Commodity Portfolio
Redemptions Permitted					Monthly
Investment In Funds [Member] \| CMF FORT Contrarian Master Fund LLC [Member] \| Commodity [Member]
Investment Holdings [Line Items]
Income (Loss)		48,894	1,376,009	(74,228)	$ 5,191,346
Expenses, Clearing Fees		4,273	20,896	16,315	50,433
Expenses, Professional Fees		1,367	2,384	3,699	6,810
Net income (loss)		$ 43,254	$ 1,352,729	$ (94,242)	$ 5,134,103
Investment Objective		Commodity Portfolio	Commodity Portfolio	Commodity Portfolio	Commodity Portfolio
Redemptions Permitted		Monthly	Monthly	Monthly	Monthly
Investment In Funds [Member] \| CMF AE Capital Master Fund LLC [Member] \| Commodity [Member]
Investment Holdings [Line Items]
Income (Loss)					$ (503,135)
Expenses, Clearing Fees					30,394
Expenses, Professional Fees					26,381
Net income (loss)					$ (559,910)
Investment Objective					Commodity Portfolio
Redemptions Permitted					Monthly
Investment In Funds [Member] \| CMF ADG Master Fund LLC [Member] \| Commodity [Member]
Investment Holdings [Line Items]
Income (Loss)		$ 33,087	$ 447,496	$ (2,977,188)	$ 104,886
Expenses, Clearing Fees		5,411	10,573	25,410	27,318
Expenses, Professional Fees		9,752	11,506	30,100	31,921
Net income (loss)		$ 17,924	$ 425,417	$ (3,032,698)	$ 45,647
Investment Objective		Commodity Portfolio	Commodity Portfolio	Commodity Portfolio	Commodity Portfolio
Redemptions Permitted		Monthly	Monthly	Monthly	Monthly
Investment In Funds [Member] \| CMF Aquantam Master Fund LLC [Member] \| Commodity [Member]
Investment Holdings [Line Items]
Income (Loss)		$ 481,810	$ (2,466,946)	$ 755,070	$ (2,929,688)
Expenses, Clearing Fees		30,174	115,089	205,635	163,371
Expenses, Professional Fees		8,629	17,122	26,159	24,212
Net income (loss)		$ 443,007	$ (2,599,157)	$ 523,276	$ (3,117,271)
Investment Objective		Commodity Portfolio	Commodity Portfolio	Commodity Portfolio	Commodity Portfolio
Redemptions Permitted		Monthly	Monthly	Monthly	Monthly

[1]	Defined in Note 1.

Financial Instrument Risks - Ad

Financial Instrument Risks - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2020
Concentration Risk [Line Items]
Financial instruments maturity period	1 year
Minimum [Member] \| Credit Concentration Risk [Member] \| Partnership's/Fund's Contracts [Member] \| Over the Counter [Member]
Concentration Risk [Line Items]
Concentration risk percentage	13.40%
Maximum [Member] \| Credit Concentration Risk [Member] \| Partnership's/Fund's Contracts [Member] \| Over the Counter [Member]
Concentration Risk [Line Items]
Concentration risk percentage	22.70%