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Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:          
Net income (loss) $ 96,345,125 $ (296,561,045) $ 221,118,191 $ (46,043,522) $ 785,240,277
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     (25,379,090) 19,134,006 92,251,288
Change in unrealized (gain) loss on open swap contracts     162 (2,239) 4,145
(Increase) decrease in dividends receivable     (1,316,693) 2,452,991 (3,879,706)
(Increase) decrease in interest receivable     3,279,589 (1,818,766) (2,773,974)
(Increase) decrease in prepaid insurance     29,872 69,464 3,051
(Increase) decrease in ETF transaction fees receivable     1,000 (2,000)  
(Increase) decrease in receivable due from Broker     (13,487,676)    
Increase (decrease) payable due to custody     318,003 (1,012,851) 1,012,851
Increase (decrease) in payable due to Broker     (9,056,391) 15,540,859 1,387,987
Increase (decrease) in General Partner management fees payable     (137,232) (274,652) (89,639)
Increase (decrease) in professional fees payable     381,437 (812,220) (1,173,950)
Increase (decrease) in brokerage commissions payable       11,874 (93,126)
Increase (decrease) in directors' fees payable     113 (9,220) (2,124)
Increase (decrease) in license fees payable     (12,603) (22,209) (24,770)
Net cash provided by (used in) operating activities     175,738,682 (12,788,485) 871,862,310
Cash Flows from Financing Activities:          
Addition of partnership shares     8,162,434,498 6,238,686,788 3,508,243,142
Redemption of partnership shares     (8,794,159,809) (6,716,098,289) (4,690,627,347)
Net cash provided by (used in) financing activities     (631,725,311) (477,411,501) (1,182,384,205)
Net Increase (Decrease) in Cash and Cash Equivalents     (455,986,629) (490,199,986) (310,521,895)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of year     1,463,696,515 1,953,896,501 2,264,418,396
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of year 1,007,709,886 1,463,696,515 1,007,709,886 1,463,696,515 1,953,896,501
Components of Cash, Cash Equivalents and Equity in Trading Accounts:          
Cash and cash equivalents 727,450,000 952,408,574 727,450,000 952,408,574 856,400,000
Equity in Trading Accounts:          
Cash and cash equivalents 280,259,886 511,287,941 280,259,886 511,287,941 1,097,496,501
Total Cash, Cash Equivalents and Equity in Trading Accounts $ 1,007,709,886 $ 1,463,696,515 $ 1,007,709,886 $ 1,463,696,515 $ 1,953,896,501