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Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:        
Net income (loss) $ (135,450,397) [1] $ 355,087,475 [1] $ 124,773,066 $ 250,517,523
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     (4,993,638) (28,130,433)
Change in unrealized (gain) loss on open OTC commodity swap contracts     25 (1,994)
(Increase) decrease in dividends receivable     (993,725) 2,922,620
(Increase) decrease in interest receivable     1,803,560 (1,975,046)
(Increase) decrease in prepaid insurance     (37,238) (45,076)
(Increase) decrease in ETF transaction fees receivable     1,000 (3,000)
Increase (decrease) payable due to custody       (1,012,851)
Increase (decrease) in payable due to Broker     1,454,875 (1,387,987)
Increase (decrease) in General Partner management fees payable     (83,611) (304,040)
Increase (decrease) in professional fees payable     (102,539) (1,244,281)
Increase (decrease) in brokerage commissions payable       11,874
Increase (decrease) in directors' fees payable     132 (11,874)
Increase (decrease) in license fees payable     (12,102) (25,902)
Net cash provided by (used in) operating activities     121,809,805 219,309,533
Cash Flows from Financing Activities:        
Addition of partnership shares     6,468,825,692 3,594,872,001
Redemption of partnership shares     (6,648,343,905) (4,383,542,090)
Net cash provided by (used in) financing activities     (179,518,213) (788,670,089)
Net Increase (Decrease) in Cash and Cash Equivalents     (57,708,408) (569,360,556)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period     1,463,696,515 1,953,896,501
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period 1,405,988,107 1,384,535,945 1,405,988,107 1,384,535,945
Components of Cash, Cash Equivalents and Equity in Trading Accounts:        
Cash and cash equivalents 1,111,104,063 802,524,411 1,111,104,063 802,524,411
Equity in Trading Accounts:        
Cash and cash equivalents 294,884,044 582,011,534 294,884,044 582,011,534
Total Cash, Cash Equivalents and Equity in Trading Accounts $ 1,405,988,107 $ 1,384,535,945 $ 1,405,988,107 $ 1,384,535,945
[1] General Partners’ shares outstanding and capital for the periods presented were zero.