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Condensed Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:        
Net income (loss) [1] $ (34,910,503) $ 247,761,939 $ (104,569,952) $ 1,066,661,541
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Change in unrealized (gain) loss on open commodity futures contracts     40,293,553 69,478,694
Change in unrealized (gain) loss on open swap contracts     (2,295) 2,396
(Increase) decrease in dividends receivable     2,109,506 (1,281,089)
(Increase) decrease in interest receivable     (1,549,692) (25,084)
(Increase) decrease in prepaid insurance and other*     (206,977) (318,795)
(Increase) decrease in ETF transaction fees receivable     (2,000) (5,000)
Increase (decrease) payable due to custody     (1,012,851)  
Increase (decrease) in payable due to Broker     3,272,013 26,283,935
Increase (decrease) in General Partner management fees payable     (252,765) 163,052
Increase (decrease) in professional fees payable     (1,665,322) (1,977,545)
Increase (decrease) in brokerage commissions payable     11,874 (81,855)
Increase (decrease) in directors' fees payable [2]     (11,459) (750)
Increase (decrease) in license fees payable     (22,570) 3,907
Net cash provided by (used in) operating activities     (63,608,937) 1,158,903,407
Cash Flows from Financing Activities:        
Addition of partnership shares     2,105,890,851 1,490,617,191
Redemption of partnership shares     (2,462,186,767) (2,193,117,375)
Net cash provided by (used in) financing activities     (356,295,916) (702,500,184)
Net Increase (Decrease) in Cash and Cash Equivalents     (419,904,853) 456,403,223
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period     1,953,896,501 2,264,418,396
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period 1,533,991,648 2,720,821,619 1,533,991,648 2,720,821,619
Components of Cash and Cash Equivalents, and Equity in Trading Accounts        
Cash and cash equivalents 1,047,250,096 1,434,603,377 1,047,250,096 1,434,603,377
Equity in Trading Accounts:        
Cash and cash equivalents 486,741,552 1,286,218,242 486,741,552 1,286,218,242
Total Cash, Cash Equivalents and Equity in Trading Accounts $ 1,533,991,648 $ 2,720,821,619 $ 1,533,991,648 $ 2,720,821,619
[1] General Partners’ shares outstanding and capital for the periods presented were zero.
[2] Certain prior year amounts have been reclassified for consistency with the current presentation.