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Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:        
Net income (loss) $ 19,928,292 [1] $ (34,910,503) [1] $ 260,223,463 $ (104,569,952)
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     (50,188,240) 40,293,553
Change in unrealized (gain) loss on open swap contracts     318 (2,295)
(Increase) decrease in dividends receivable     57,524 2,109,506
(Increase) decrease in interest receivable     772,354 (1,549,692)
(Increase) decrease in prepaid insurance     (104,349) (206,977)
(Increase) decrease in ETF transaction fees receivable     1,000 (2,000)
Increase (decrease) payable due to custody       (1,012,851)
Increase (decrease) in payable due to Broker     (16,866,100) 3,272,013
Increase (decrease) in General Partner management fees payable     (101,487) (252,765)
Increase (decrease) in professional fees payable     (774,980) (1,665,322)
Increase (decrease) in brokerage commissions payable       11,874
Increase (decrease) in directors' fees payable     150 (11,459)
Increase (decrease) in license fees payable     (10,139) (22,570)
Net cash provided by (used in) operating activities     193,009,514 (63,608,937)
Cash Flows from Financing Activities:        
Addition of partnership shares     4,468,819,514 2,105,890,851
Redemption of partnership shares     (4,962,437,502) (2,462,186,767)
Net cash provided by (used in) financing activities     (493,617,988) (356,295,916)
Net Increase (Decrease) in Cash and Cash Equivalents     (300,608,474) (419,904,853)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of year     1,463,696,515 1,953,896,501
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of year 1,163,088,041 1,533,991,648 1,163,088,041 1,533,991,648
Components of Cash, Cash Equivalents and Equity in Trading Accounts:        
Cash and cash equivalents 892,937,411 1,047,250,096 892,937,411 1,047,250,096
Equity in Trading Accounts:        
Cash and cash equivalents 270,150,630 486,741,552 270,150,630 486,741,552
Total Cash, Cash Equivalents and Equity in Trading Accounts $ 1,163,088,041 $ 1,533,991,648 $ 1,163,088,041 $ 1,533,991,648
[1] General Partners’ shares outstanding and capital for the periods presented were zero.