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Condensed Statements of Financial Condition - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents (at cost $2,585,466,700 and $1,026,973,397, respectively) (Notes 2 and 5) $ 2,585,466,700 $ 1,026,973,397
Equity in trading accounts:    
Cash and cash equivalents (at cost $723,771,439 and $149,272,014, respectively) 723,771,439 149,272,014
Unrealized gain (loss) on open commodity futures contracts 401,443,958 37,520,567
Dividends receivable 3,683 5,883
Interest receivable 160,957 28,199
Prepaid insurance [1] 38,452 39,269
Prepaid registration fees 1,260,041 74,241
ETF transaction fees receivable 2,000 2,000
Total Assets 3,712,147,230 1,213,915,570
Liabilities and Partners' Capital    
Payable due to Broker 23,667,355 8,820,649
Payable for shares redeemed 59,405,821 32,023,655
General Partner management fees payable (Note 3) 1,407,565 467,894
Professional fees payable 1,903,173 1,453,996
Brokerage commissions payable 323,858 89,961
Directors' fees payable [1] 52,049 43,388
License fees payable 169,663 39,769
Total Liabilities 86,929,484 42,939,312
Commitments and Contingencies (Notes 3, 4 & 5)
Partners' Capital    
General Partners 0 0
Limited Partners 3,625,217,746 1,170,976,258
Total Partners' Capital 3,625,217,746 1,170,976,258
Total Liabilities and Partners' capital $ 3,712,147,230 $ 1,213,915,570
Limited Partners' shares outstanding 109,623,603 11,450,000 [2]
Net asset value per share [3] $ 33.07 $ 102.27 [2]
Market value per share $ 33.01 $ 102.48 [2]
[1] Certain prior year amounts have been reclassified for consistency with the current presentation.
[2] On April 28, 2020, there was a 1-for-8 reverse share split. The Statements of Financial Condition have been adjusted for the periods shown to reflect the 1-for-8 reverse share split on a retroactive basis
[3] On April 28, 2020, there was a 1-for-8 reverse share split. The Financial Highlights have been adjusted for the periods shown to reflect the 1-for-8 reverse share split on a retroactive basis.