XML 20 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Schedule of Investments (Unaudited)
Jun. 30, 2025
USD ($)
contract
Dec. 31, 2024
USD ($)
contract
Number of Contracts | contract 13,845  
Fair Value/ Unrealized Gain (Loss) on Open Commodity Contracts $ (45,141,590) $ 28,431,020
Open Commodity Futures Contracts - Long | UNITED STATES | NYMEX WTI Crude Oil Futures CL August 2025 contracts, expiring July 2025    
Notional Amount [1] $ 946,589,540  
Number of Contracts | contract [1] 13,845  
Fair Value/ Unrealized Gain (Loss) on Open Commodity Contracts [1] $ (45,141,590)  
% of Partners' Capital [1] (4.00%)  
Open Commodity Futures Contracts - Long | UNITED STATES | NYMEX WTI Crude Oil Futures CL February 2025 contracts, expiring January 2025    
Notional Amount [2]   $ 766,513,460
Number of Contracts | contract [2]   11,084
Fair Value/ Unrealized Gain (Loss) on Open Commodity Contracts [2]   $ 28,431,020
% of Partners' Capital [2]   2.61%
Cash Equivalents | United States Money Market Funds    
Market Value $ 352,450,000 $ 727,450,000
% of Partners' Capital 31.20% 66.85%
Cash Equivalents | United States Money Market Funds | Dreyfus Institutional Preferred Government Money Market Fund - Institutional Shares, 4.29%    
Shares/Principal Amount [3] $ 150,000,000  
Market Value [3] $ 150,000,000  
% of Partners' Capital [3] 13.28%  
Cash Equivalents | United States Money Market Funds | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Shares    
Shares/Principal Amount $ 202,450,000 [3] $ 727,450,000 [4]
Market Value $ 202,450,000 [3] $ 727,450,000 [4]
% of Partners' Capital 17.92% [3] 66.85% [4]
Open OTC Commodity Swap Contracts    
Notional Amount of Open OTC Commodity Swap Contracts [5]   $ 293,395,107
Fair Value/Open Commodity Swap Contracts [5]   293,393,039
Unrealized Gain (Loss) on Commodity Swap Contracts [5],[6]   $ (2,068)
Open OTC Commodity Swap Contracts | Societe Generale    
Notional Amount of Open OTC Commodity Swap Contracts [7] $ 237,427,541  
Fair Value/Open Commodity Swap Contracts [7] 228,508,153  
Unrealized Gain (Loss) on Commodity Swap Contracts [7],[8] $ (8,919,388)  
Open OTC Commodity Swap Contracts | Societe Generale | MACQUARIE MQCP361E 01212025Index    
Fund Pays Counterparty [9] 0.26%  
Notional Amount of Open OTC Commodity Swap Contracts [9] $ 162,031,120  
Fair Value/Open Commodity Swap Contracts [9] 162,030,061  
Unrealized Gain (Loss) on Commodity Swap Contracts [8],[9] $ (1,059)  
Open OTC Commodity Swap Contracts | Societe Generale | SOC GEN SGIXCWTI 01202025Index    
Fund Pays Counterparty [9] 0.25%  
Notional Amount of Open OTC Commodity Swap Contracts [9] $ 75,396,421  
Fair Value/Open Commodity Swap Contracts [9] 66,478,092  
Unrealized Gain (Loss) on Commodity Swap Contracts [8],[9] $ (8,918,329)  
Open OTC Commodity Swap Contracts | Societe Generale | SOC GEN SGIXCWTI 12202024Index    
Fund Pays Counterparty [9]   0.25%
Notional Amount of Open OTC Commodity Swap Contracts [9]   $ 123,976,793
Fair Value/Open Commodity Swap Contracts [9]   123,975,932
Unrealized Gain (Loss) on Commodity Swap Contracts [6],[9]   $ (861)
Open OTC Commodity Swap Contracts | Societe Generale | MACQUARIE MQCP361E 07192024Index    
Fund Pays Counterparty [9]   0.26%
Notional Amount of Open OTC Commodity Swap Contracts [9]   $ 169,418,314
Fair Value/Open Commodity Swap Contracts [9]   169,417,107
Unrealized Gain (Loss) on Commodity Swap Contracts [6],[9]   $ (1,207)
[1] Collateral amounted to $286,633,978 on open commodity futures contracts
[2] Collateral amounted to $263,049,397 on open commodity futures contracts.
[3] Reflects the 7-day yield at June 30, 2025
[4] Reflects the 7-day yield at December 31, 2024.
[5] Collateral amounted to $17,210,489 on open OTC commodity swap contracts.
[6] Reflects the value at the reset date of December 31, 2024
[7] Collateral amounted to $30,344,315 on open OTC commodity swap contracts
[8] Reflects the value at reset date of June 30, 2025
[9] Custom index comprised of a basket of underlying instruments.