Investment in the Funds (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Investments [Abstract]

Assets, Liabilities and Partners' Capital of Funds

Summarized information reflecting the total assets, liabilities and members’ capital of the Funds is shown in the following tables:


		December 31, 2025
		Total Assets				Total Liabilities				Total Capital
Drakewood Master		$	40,290,634			$	6,443,067			$	33,847,567


		December 31, 2024
		Total Assets				Total Liabilities				Total Capital
NL Master		$	13,129,914			$	13,129,914			$	-
Drakewood Master			44,926,030				2,584,283				42,341,747

Net Investment Income (Loss), Trading Results and Net Income (Loss) of Funds

Summarized information reflecting the net investment income (loss), total trading results and net income (loss) of the Funds is shown in the following tables:


		For the year ended December 31, 2025
		Net Investment				Total Trading
		Income (Loss)				Results				Net Income (Loss)
Drakewood Master		$	498,920			$	1,909,285			$	2,408,205


		For the year ended December 31, 2024
		Net Investment				Total Trading
		Income (Loss)				Results				Net Income (Loss)
NL Master		$	1,232,984			$	(11,180,959)			$	(9,947,975)
Drakewood Master			1,252,603				(2,668,008)				(1,415,405)


		For the year ended December 31, 2023
		Net Investment				Total Trading
		Income (Loss)				Results				Net Income (Loss)
NL Master		$	1,756,468			$	(5,536,966)			$	(3,780,498)
Drakewood Master			1,310,701				(2,850,943)				(1,540,242)

Partnership's Investments in and Partnership's Pro Rata Share of Results of Operations of Funds

Summarized information reflecting the Partnership’s investments in and the Partnership’s

pro-rata

share of the results of operations of the Funds is shown in the following tables:


		December 31, 2025								For the year ended December 31, 2025
		% of												Expenses								Net
		Partners’				Fair				Income				Clearing				Professional				Income				Investment		Redemptions
Funds		Capital				Value				(Loss)				Fees				Fees				(Loss)				Objective		Permitted
Drakewood Master			11.90 %			$	11,847,983			$	1,181,858			$	190,532			$	28,973			$	962,353			Commodity Portfolio		Monthly

						$	11,847,983			$	1,181,858			$	190,532			$	28,973			$	962,353


		December 31, 2024								For the year ended December 31, 2024
		% of												Expenses								Net
		Partners’				Fair				Income				Clearing				Professional				Income				Investment		Redemptions
Funds		Capital				Value				(Loss)				Fees				Fees				(Loss)				Objective		Permitted
NL Master			- %			$	—			$	(2,909,797)			$	32,420			$	20,048			$	(2,962,265)			Commodity Portfolio		Monthly
Drakewood Master			14.21 %				17,511,230				(454,167)				159,732				29,074				(642,973)			Commodity Portfolio		Monthly

						$	17,511,230			$	(3,363,964)			$	192,152			$	49,122			$	(3,605,238)


		December 31, 2023								For the year ended December 31, 2023
		% of												Expenses								Net
		Partners’				Fair				Income				Clearing				Professional				Income				Investment				Redemptions
Funds		Capital				Value				(Loss)				Fees				Fees				(Loss)				Objective				Permitted
NL Master			8.00 %			$	11,558,658			$	(1,004,007)			$	24,524			$	17,888			$	(1,046,419)				Commodity Portfolio				Monthly
Drakewood Master			11.38 %				16,459,442				(459,145)				117,436				23,958				(600,539)				Commodity Portfolio				Monthly

						$	28,018,100			$	(1,463,152)			$	141,960			$	41,846			$	(1,646,958)