Private company

GRANT PARK FUTURES FUND LIMITED PARTNERSHIP

GRANT PARK FUTURES FUND LIMITED PARTNERSHIP is an American commodity contracts brokers and dealers company based in Chicago.1

Last updated Oct 21, 2026.

Overview

$1.5MNet income, fiscal 20252
  • IndustryCommodity Contracts Brokers & Dealers1
  • HeadquartersChicago, Illinois1
  • Incorporated inIL3
  • Business addressC/O Dearborn Capital Management, Llc, 566 W Adams St, Suite 300, Chicago, Il 606613
  • Filer categoryNon-accelerated filer, Smaller reporting company3

Grant Park Futures Fund Limited Partnership, which is referred to in this report as Grant Park or the Fund, is a multi-advisor commodity pool. Grant Park, which is not registered as a mutual fund under the Investment Company Act of 1940, has been in continuous operation since January 1989. It is managed by its general partner, Dearborn Capital Management, L.L.C., and invests through independent professional commodity trading advisors.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income562$1.5M in 2025−50% since 2021
-$1.0M0$1.0M$2.0M$3.0M2021: $2.9M$2.9M20212022: $128.4K$128.4K2022−96%2023: -$975.0K-$975.0K20232024: -$605.8K-$605.8K2024−38%2025: $1.5M$1.5M2025
Fiscal year20212022202320242025
Operating expenses$3.3M5$3.1M6$2.1M2$1.7M2$1.2M2
Income tax$05$06$02$02$02
Net income$2.9M5$128.4K6-$975.0K2-$605.8K2$1.5M2

Compare GRANT PARK FUTURES FUND LIMITED PARTNERSHIP with another company

What it owns

What GRANT PARK FUTURES FUND LIMITED PARTNERSHIP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$9.3M2 Dec 31, 2025$18.5M2 Dec 31, 2024−49.8%

Properties, in its own words

Grant Park does not own or use any physical properties in the conduct of its business. Its assets currently consist of U.S. and international futures contracts and other interests in commodities, exchange-traded funds and fixed income products. Grant Park’s main office is located at 566 West Adams Street, Suite 300, Chicago, Illinois 60661.

Item 2 of the 10-K filed Mar 31, 2026.4

Filings

25 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 5 insider forms. The latest 20:

  1. Sep 2, 20264 OWNERSHIP DOCUMENT EDGAR
  2. Aug 14, 202610-Q EDGAR
  3. May 15, 202610-Q EDGAR
  4. Mar 31, 202610-K EDGAR
  5. Nov 14, 202510-Q EDGAR
  6. Nov 4, 20254 OWNERSHIP DOCUMENT EDGAR
  7. Nov 4, 20254 OWNERSHIP DOCUMENT EDGAR
  8. Aug 14, 202510-Q EDGAR
  9. May 15, 202510-Q EDGAR
  10. Mar 31, 202510-K EDGAR
  11. Nov 14, 202410-Q EDGAR
  12. Aug 14, 202410-Q EDGAR
  13. May 15, 202410-Q EDGAR
  14. Apr 1, 202410-K EDGAR
  15. Nov 14, 202310-Q EDGAR
  16. Aug 14, 202310-Q EDGAR
  17. May 15, 202310-Q EDGAR
  18. Mar 31, 202310-K EDGAR
  19. Nov 14, 202210-Q EDGAR
  20. Aug 15, 202210-Q EDGAR

The 25 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

5 open-market trades by officers, directors and large owners since October 2021: 0 buys and 5 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 31, 2026OROURKE MAUREENSale41$975.30$40.3KForm 4
Oct 31, 2025DEARBORN CAPITAL MANAGEMENT LLCSale224$892.30$200.0KForm 4
Oct 31, 2025KAVANAGH DAVID MSale224$892.30$200.0KForm 4
Dec 31, 2021KAVANAGH DAVID MSale244$815.81$199.3KForm 4
Dec 31, 2021DEARBORN CAPITAL MANAGEMENT LLCSale244$815.81$199.3KForm 4

From Forms 4 filed with the SEC.

SEC filer profile

How GRANT PARK FUTURES FUND LIMITED PARTNERSHIP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGRANT PARK FUTURES FUND LIMITED PARTNERSHIP1
  • CIK0000845698
  • Employer ID (EIN)36-35968394
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inIllinois4
  • Fiscal year endsDecember 311
  • Industry code (SIC)6221 Commodity Contracts Brokers & Dealers1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business addressC/O Dearborn Capital Management, Llc, 566 W Adams St, Suite 300, Chicago, IL 606611
  • Phone312-756-44501
  • Shares outstanding3,543 Capital Unit Class A shares; 11,762 Capital Unit Class B shares; 103 Legacy One Class shares; 274 Legacy Two Class shares; 7,112 Global One Class shares; 184 Global Two Class shares as of Feb 28, 20264
  • Public float$0 as of Jun 30, 20252
  • AuditorCOHEN & COMPANY, LTD., Milwaukee, Wisconsin PCAOB ID 925; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceApr 4, 20031
  • Filings1,475 in all: 8-K (832), 424B3 (242), 4 (207), 10-Q (70), 10-K (23), POS AM (20), 8-K/A (14), EFFECT (13)1
    All 18 form types

    S-1/A (11), 4/A (8), CORRESP (8), UPLOAD (8), 3 (7), S-1 (7), 8-A12G (2), 10-Q/A (1), 5 (1), NT 10-Q (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Latest 8-K (8-K) Jul 1, 2021

Securities registered for trading

ClassSymbolExchange
Not applicableNONE

From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks GRANT PARK FUTURES FUND LIMITED PARTNERSHIP names in Item 1A of its 10-K filed Mar 31, 2026: 67 risks under these headings, as written.4

  • Market Risks
  • The commodity interest markets in which Grant Park trades are highly volatile, which could cause substantial losses to Grant Park and may cause investors to lose their entire investment.
  • Past performance is not necessarily indicative of future results.
  • Options are volatile and inherently leveraged, and sharp movements in prices could cause Grant Park to incur large losses.
  • OTC transactions may be subject to the risk of counterparty default, which could cause substantial losses.
  • Exchanges-of-physicals are subject to risks, which could adversely affect the performance of Grant Park.
  • Trading forex contracts is subject to substantial and unique risks, and the risk of loss is significant.
  • Certain of Grant Park’s investments are or could be illiquid, which may increase the risk of loss.
  • Cash flow needs may cause positions to be closed which may cause substantial losses.
  • Trading in international markets exposes Grant Park to additional credit and regulatory risk.
  • Grant Park’s international trading may expose it to losses resulting from non-U.S. exchanges that are less developed or less reliable than U.S. exchanges.
  • Grant Park’s international trading activities subject it to foreign exchange risk.
The other 56 risks
  • Grant Park’s international trading activities are subject to global risks and market disruption.
  • Market disruptions and government intervention in response thereto could have a material impact on Grant Park’s ability to implement trading strategies.
  • Grant Park may be subject to increased or changing regulation.
  • Grant Park may be affected by global health events.
  • Russian-Ukraine War, Israel-Hamas War and Other International Conflicts.
  • Grant Park may be subject to U.S. fiscal cliff risks.
  • Grant Park may be affected by inflation.
  • Grant Park may be affected by trade controls.
  • Grant Park may be affected by the cessation of USD LIBOR and use of alternative rates.
  • Trading Risks
  • Grant Park is highly leveraged, which means that sharp changes in prices could lead to large losses.
  • Trend following and pattern recognition trading may not be profitable without significant and sustained price moves in some of the markets traded or in markets in which a potential price trend may start to develop but reverses before an actual trend is realized.
  • The risk management techniques of one or all of the trading advisors or reference traders may not be effective.
  • Increased competition from other systematic and technical trading systems could reduce the trading advisors’ or reference traders’ profitability.
  • Speculative position limits and daily price fluctuation limits may alter trading decisions for Grant Park.
  • Increases in assets under management of any of the trading advisors or reference traders may affect trading decisions, which could have a detrimental effect on Grant Park.
  • The use of multiple trading advisors may result in offsetting or opposing trading positions and may also require one trading advisor to fund the margin requirements of another trading advisor.
  • The trading advisors’ and reference traders’ trading programs bear some similarities and, therefore, may lessen the benefits of having multiple trading advisors.
  • Each trading advisor may advise other clients and may achieve more favorable results for its other accounts.
  • Portfolio turnover may be frequent, which could result in higher brokerage commissions and transaction fees and expenses.
  • Exchange-traded funds and mutual funds have indirect fees and additional risks.
  • Grant Park’s positions may be concentrated from time to time, which may render Grant Park susceptible to larger losses than if Grant Park were more diversified.
  • Non-U.S. investors may face exchange rate risk.
  • Operating Risks
  • Grant Park pays substantial fees and expenses regardless of profitability.
  • The units are subject to restrictions on redemption and transfer, which may prevent investors from redeeming or transferring their units when they want to do so and may increase their risk of loss.
  • Grant Park may incur higher fees and expenses upon renewing existing or entering into new contractual relationships.
  • The incentive fees could motivate the trading advisors to make riskier investments.
  • Investors have no right to participate in the management of Grant Park.
  • An unanticipated number of redemption requests during a short period of time could have an adverse effect on the net asset value of Grant Park.
  • Conflicts of interest exist and may potentially exist in the structure and operation of Grant Park.
  • Certain of Grant Park’s investments may have no readily available market value, and there is a risk that the value attributed to such investments will not be realized upon disposition.
  • The failure or bankruptcy of one of Grant Park’s clearing brokers could result in a substantial loss of Grant Park’s assets.
  • Investors are only able to review Grant Park’s holdings on a monthly basis, which makes Grant Park less transparent than certain other investments.
  • Grant Park has multiple classes which present a possible contagion risk between them.
  • Grant Park’s brokers, futures commission merchants, and trading advisors may cause or be subject to trading errors, which could adversely affect Grant Park’s performance.
  • Grant Park may terminate before investors achieve their investment objective.
  • Grant Park is not a registered investment company.
  • Litigation could result in substantial additional expenses.
  • The general partner relies heavily on its key personnel to manage Grant Park’s trading activities.
  • The general partner relies on the trading advisors and their key personnel.
  • Grant Park may be exposed to style drift.
  • The general partner may terminate, replace and/or add trading advisors and reference traders in its sole discretion and the trading advisors and reference traders or their trading strategies may not continually serve Grant Park, which may have an adverse effect on Grant Park’s performance.
  • Changes in the general partner’s allocation of the assets of each class of Grant Park among trading advisors and reference traders may result in poorer performance by Grant Park.
  • Third parties may infringe or otherwise violate a trading advisor’s intellectual property rights or assert that a trading advisor has infringed or otherwise violated their intellectual property rights, which may result in significant costs and diverted attention.
  • The success of Grant Park depends on the ability of each of the trading advisors’ and reference traders’ personnel to accurately implement their trading systems, and any failure to do so could subject Grant Park to losses.
  • Cybersecurity risks could have material adverse effects on Grant Park.
  • The inability of Grant Park to access, or the failure of, electronic trading and order routing systems may adversely affect Grant Park’s trading.
  • Grant Park may experience substantial losses on transactions if a trading advisor’s computer or communications systems fail or if a trading advisor, or third parties on which a trading advisor depends, fail to upgrade computer and communications systems.
  • Each trading advisor depends on the reliable performance of the computer or communications systems of third parties, such as brokers and futures exchanges, and may experience substantial losses on transactions if they fail.
  • Forwards, swaps and other derivatives are subject to varying regulation and risks.
  • The failure to comply with the USA Patriot Act may subject Grant Park to substantial negative consequences.
  • The failure to comply with economic sanction laws and the U.S. FCPA may subject Grant Park to substantial negative consequences.
  • Partnership treatment is not assured.
  • Limited partners’ tax liability may exceed their cash distributions.
  • Limited partners could owe taxes on their share of Grant Park’s ordinary income despite overall losses.
  • There is the possibility of a tax audit.
  • Tax law changes could affect an investment in Grant Park.

Legal proceedings

Grant Park is not a party to any pending material legal proceedings.

The opening of Item 3, Legal Proceedings.4