10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

(Mark One)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2013

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from              to             

Commission File number: 000-51634

SUPERFUND GREEN, L.P.

(Exact name of registrant as specified in charter)

Delaware	98-0375395
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
Superfund Office Building P.O. Box 1479 Grand Anse St. George’s, Grenada West Indies	Not applicable
(Address of principal executive offices)	(Zip Code)

(473) 439-2418

(Registrant’s telephone number, including area code)

Not applicable

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.     Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer	¨	Accelerated Filer	¨
Non-Accelerated Filer	¨  (Do not check if a smaller reporting company)	Smaller Reporting Company	x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).     Yes  ¨    No  x

PART I—FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

The following unaudited financial statements of Superfund Green, L.P., Superfund Green, L.P.—Series A and Superfund Green, L.P.—Series B are included in Item 1:

	Page
Unaudited Financial Statements: Superfund Green, L.P.
Statements of Assets and Liabilities as of March 31, 2013 and December 31, 2012	3
Condensed Schedule of Investments as of March 31, 2013	4
Condensed Schedule of Investments as of December 31, 2012	5
Statements of Operations for the Three Months Ended March 31, 2013 and March 31, 2012	6
Statements of Changes in Net Assets for the Three Months Ended March 31, 2013 and March 31, 2012	7
Statements of Cash Flows for the Three Months Ended March 31, 2013 and March 31, 2012	8
Unaudited Financial Statements: Superfund Green, L.P. – Series A
Statements of Assets and Liabilities as of March 31, 2013 and December 31, 2012	9
Condensed Schedule of Investments as of March 31, 2013	10
Condensed Schedule of Investments as of December 31, 2012	11
Statements of Operations for the Three Months Ended March 31, 2013 and March 31, 2012	12
Statements of Changes in Net Assets for the Three Months Ended March 31, 2013 and March 31, 2012	13
Statements of Cash Flows for the Three Months Ended March 31, 2013 and March 31, 2012	14
Unaudited Financial Statements: Superfund Green, L.P. – Series B
Statements of Assets and Liabilities as of March 31, 2013 and December 31, 2012	15
Condensed Schedule of Investments as of March 31, 2013	16
Condensed Schedule of Investments as of December 31, 2012	17
Statements of Operations for the Three Months Ended March 31, 2013 and March 31, 2012	18
Statements of Changes in Net Assets for the Three Months Ended March 31, 2013 and March 31, 2012	19
Statements of Cash Flows for the Three Months Ended March 31, 2013 and March 31, 2012	20
Notes to Unaudited Financial Statements.	21-39

2

SUPERFUND GREEN, L.P.

UNAUDITED STATEMENTS OF ASSETS AND LIABILITIES

as of March 31, 2013 and December 31, 2012

	March 31, 2013		December 31, 2012
ASSETS
Due from brokers	$	14,934,579	$	16,139,431
Due from affiliate		—		187
Unrealized appreciation on open forward contracts		119,657		299,598
Futures contracts purchased		1,190,538		906,553
Futures contracts sold		1,361,906		314,602
Cash		18,680,820		18,965,187
Total assets		36,287,500		36,625,558
LIABILITIES
Unrealized depreciation on open forward contracts		47,753		176,689
Futures contracts purchased		1,021,882		—
Futures contracts sold		334,672		—
Redemptions payable		898,475		1,908,427
Management fees payable		53,891		56,206
Fees payable		69,988		69,938
Total liabilities		2,426,661		2,211,260
NET ASSETS	$	33,860,839	$	34,414,298

See accompanying notes to unaudited financial statements.

3

SUPERFUND GREEN, L.P.

UNAUDITED CONDENSED SCHEDULE OF INVESTMENTS

as of March 31, 2013

	Percentage of
	Net Assets			Fair Value
Forward contracts, at fair value
Unrealized appreciation on forward contracts
Currency		0.3	%	$	119,657
Total unrealized appreciation on forward contracts		0.3			119,657
Unrealized depreciation on forward contracts
Currency		(0.2	)		(47,753	)
Total unrealized depreciation on forward contracts		(0.2	)		(47,753	)
Total forward contracts, at fair value		0.1	%	$	71,904
Futures contracts, at fair value
Futures contracts purchased
Currency		0.1			33,323
Energy		1.4			462,479
Financial		1.5			498,592
Food & Fiber		(0.9	)		(309,038	)
Indices		(0.1	)		(36,109	)
Metals		(1.4	)		(480,591	)
Total futures contracts purchased		0.6			168,656
Futures contracts sold
Currency		(0.1	)		(34,931	)
Energy		(0.5	)		(170,919	)
Financial		(0.1	)		(20,012	)
Food & Fiber		0.2			67,552
Indices		(0.1	)		(17,518	)
Livestock		0.1			19,490
Metals
LME Aluminum expiring June 2013		1.3			448,619
LME Copper expiring June 2013		1.3			436,675
Other		0.9			298,278
Total Metals		3.5			1,183,572
Total futures contracts sold		3.0			1,027,234
Total futures contracts, at fair value		3.6	%	$	1,195,890
Futures and forward contracts by country composition
Australia		(0.1	)%	$	(20,600	)
Canada		0.1			44,762
European Monetary Union		(0.2	)		(59,935	)
Great Britain		0.0	*		5,033
Japan		0.4			117,841
United States		3.1			1,062,360
Other		0.4			118,333
Total futures and forward contracts by country		3.7	%	$	1,267,794

* Due to rounding

See accompanying notes to financial statements.

4

SUPERFUND GREEN, L.P.

UNAUDITED CONDENSED SCHEDULE OF INVESTMENTS

as of December 31, 2012

	Percentage of
	Net Assets			Fair Value
Forward contracts, at fair value
Unrealized appreciation on forward contracts
Currency		0.9	%	$	299,598
Total unrealized appreciation on forward contracts		0.9			299,598
Unrealized depreciation on forward contracts
Currency		(0.5	)		(176,689	)
Total unrealized depreciation on forward contracts		(0.5	)		(176,689	)
Total forward contracts, at fair value		0.4	%	$	122,909
Futures contracts, at fair value
Futures contracts purchased
Currency		(0.0	)*		(4,412	)
Energy		0.5			180,049
Financial		0.7			247,051
Food & Fiber		0.0	*		1,240
Indices		1.0			337,382
Metals		0.4			145,243
Total futures contracts purchased		2.6			906,553
Futures contracts sold
Currency		0.9			300,345
Energy		0.8			269,707
Financial		(0.0	)*		(11,031	)
Food & Fiber		0.6			195,332
Indices		(0.0	)*		(1,007	)
Metals		(1.3	)		(438,744	)
Total futures contracts sold		0.9			314,602
Total futures contracts, at fair value		3.5	%	$	1,221,155
Futures and forward contracts by country composition
Australia		0.1	%	$	37,749
Canada		0.1			21,946
European Monetary Union		(0.1	)		(38,141	)
Great Britain		(0.1	)		(33,717	)
Japan		1.1			367,412
United States		2.1			733,901
Other		0.7			254,914
Total futures and forward contracts by country		3.9	%	$	1,344,064

* Due to rounding

See accompanying notes to financial statements.

5

SUPERFUND GREEN, L.P.

UNAUDITED STATEMENTS OF OPERATIONS

	Three Months Ended
	March 31,
	2013			2012
Investment income
Interest income	$	870		$	1,002
Other income		3			1,865
Total income		873			2,867
Expenses
Management fees		164,182			280,977
Ongoing offering expenses		88,748			151,879
Operating expenses		13,314			22,782
Selling commission		354,987			607,514
Brokerage commissions		241,221			279,172
Other		7,350			5,331
Total expenses		869,802			1,347,655
Net investment loss		(868,929	)		(1,344,788	)
Realized and unrealized gain (loss) on investments
Net realized gain (loss) on futures and forward contracts		3,872,640			(2,129,914	)
Net change in unrealized depreciation on futures and forward contracts		(76,270	)		(1,316,861	)
Net gain (loss) on investments		3,796,370			(3,446,775	)
Net increase (decrease) in net assets from operations	$	2,927,441		$	(4,791,563	)

See accompanying notes to unaudited financial statements.

6

SUPERFUND GREEN, L.P.

UNAUDITED STATEMENTS OF CHANGES IN NET ASSETS

	Three Months Ended
	March 31,
	2013			2012
Increase (decrease) in net assets from operations
Net investment loss	$	(868,929	)	$	(1,344,788	)
Net realized gain (loss) on futures and forward contracts		3,872,640			(2,129,914	)
Net change in unrealized depreciation on futures and forward contracts		(76,270	)		(1,316,861	)
Net increase (decrease) in net assets from operations		2,927,441			(4,791,563	)
Capital share transactions
Issuance of Units		273,823			510,996
Redemption of Units		(3,754,723	)		(6,064,765	)
Net decrease in net assets from capital share transactions		(3,480,900	)		(5,553,729	)
Net decrease in net assets		(553,459	)		(10,345,332	)
Net assets, beginning of period		34,414,298			63,429,698
Net assets, end of period	$	33,860,839		$	53,084,366

See accompanying notes to unaudited financial statements.

7

SUPERFUND GREEN, L.P.

UNAUDITED STATEMENTS OF CASH FLOWS

	Three Months Ended
	March 31,
	2013			2012
Cash flows from operating activities
Net increase (decrease) in net assets from operations	$	2,927,441		$	(4,791,563	)
Adjustments to reconcile net increase (decrease) in net assets from operations to net cash provided by operating activities:
Changes in operating assets and liabilities:
Purchases of U.S. government securities		—			(9,998,028	)
Sales and maturities of U.S. government securities		—			17,650,000
Amortization of discounts and premiums		—			872
Increase in due from brokers		1,204,852			19,523,075
Increase in due from affiliate		187			—
Increase in unrealized appreciation on open forward contracts		179,941			103,930
Increase (decrease) in unrealized depreciation on open forward contracts		(128,936	)		166,202
Increase in futures contracts purchased		737,897			751,399
Increase (decrease) in futures contracts sold		(712,632	)		295,330
Decrease in management fee		(2,315	)		(127,687	)
Increase (decrease) in fees payable		50			(267,317	)
Net cash provided by operating activities		4,206,485			23,306,213
Cash flows from financing activities
Subscriptions		273,823			366,296
Redemptions, net of change in redemptions payable		(4,764,675	)		(5,983,184	)
Net cash used in financing activities		(4,490,852	)		(5,616,888	)
Net increase (decrease) in cash		(284,367	)		17,689,325
Cash, beginning of period		18,965,187			989,356
Cash, end of period	$	18,680,820		$	18,678,681

See accompanying notes to unaudited financial statements.

8

SUPERFUND GREEN, L.P.—SERIES A

UNAUDITED STATEMENTS OF ASSETS AND LIABILITIES

as of March 31, 2013 and December 31, 2012

	March 31, 2013		December 31, 2012
ASSETS
Due from brokers	$	6,001,877	$	7,148,002
Due from affiliate		—		187
Unrealized appreciation on open forward contracts		40,505		89,246
Futures contracts purchased		439,476		309,618
Futures contracts sold		526,643		123,836
Cash		10,013,405		10,113,907
Total assets		17,021,906		17,784,796
LIABILITIES
Unrealized depreciation on open forward contracts		15,746		62,254
Futures contracts purchased		381,741		—
Futures contracts sold		127,120		—
Redemptions payable		363,124		1,102,466
Management fee		25,492		27,320
Fees payable		33,101		35,420
Total liabilities		946,324		1,227,460
NET ASSETS	$	16,075,582	$	16,557,336
Number of Units		13,353.825		14,646.201
Net asset value per Unit	$	1,203.82	$	1,130.49

See accompanying notes to unaudited financial statements.

9

SUPERFUND GREEN, L.P.—SERIES A

UNAUDITED CONDENSED SCHEDULE OF INVESTMENTS

as of March 31, 2013

	Percentage of
	Net Assets			Fair Value
Forward contracts, at fair value
Unrealized appreciation on forward contracts
Currency		0.3	%	$	40,505
Total unrealized appreciation on forward contracts		0.3			40,505
Unrealized depreciation on forward contracts
Currency		(0.1	)		(15,746	)
Total unrealized depreciation on forward contracts		(0.1	)		(15,746	)
Total forward contracts, at fair value		0.2	%	$	24,759
Futures contracts, at fair value
Futures contracts purchased
Currency		0.1			12,517
Energy		1.0			164,043
Financial		1.2			190,802
Food & Fiber		(0.7	)		(115,775	)
Indices		(0.0	)*		(7,822	)
Metals		(1.2	)		(186,030	)
Total futures contracts purchased		0.4			57,735
Futures contracts sold
Currency		(0.1	)		(14,476	)
Energy		(0.4	)		(62,075	)
Financial		(0.0	)*		(7,636	)
Food & Fiber		0.1			23,614
Indices		(0.0	)*		(4,897	)
Livestock		0.0	*		2,530
Metals
LME Aluminum expiring June 2013		1.1			172,106
LME Copper expiring June 2013		1.1			170,550
Other		0.7			119,807
Total Metals		2.9			462,463
Total futures contracts sold		2.5			399,523
Total futures contracts, at fair value		2.9	%	$	457,258
Futures and forward contracts by country composition
Australia		(0.0	)*%	$	(7,717	)
Canada		0.1			16,367
European Monetary Union		(0.1	)		(19,876	)
Great Britain		0.0	*		3,661
Japan		0.3			44,842
United States		2.5			394,526
Other		0.3			50,214
Total futures and forward contracts by country		3.1	%	$	482,017

* Due to rounding

See accompanying notes to financial statements.

10

SUPERFUND GREEN, L.P.—SERIES A

UNAUDITED CONDENSED SCHEDULE OF INVESTMENTS

as of December 31, 2012

	Percentage of Net Assets			Fair Value
Forward contracts, at fair value
Unrealized appreciation on forward contracts
Currency		0.5	%	$	89,246
Total unrealized appreciation on forward contracts		0.5			89,246
Unrealized depreciation on forward contracts
Currency		(0.4	)		(62,254	)
Total unrealized depreciation on forward contracts		(0.4	)		(62,254	)
Total forward contracts, at fair value		0.1	%	$	26,992
Futures Contracts, at fair value
Futures Contracts Purchased
Currency		(0.0	)*%	$	(2,921	)
Energy		0.4			59,291
Financial		0.6			98,490
Food & Fiber		0.0	*		915
Indices		0.6			106,397
Metals		0.3			47,446
Total futures contracts purchased		1.9			309,618
Futures Contracts Sold
Currency		0.7			110,509
Energy		0.7	*		112,267
Financial		(0.0	)		(4,137	)
Food & Fiber		0.4			70,100
Indices		(0.0	)*		(428	)
Metals		(1.0	)		(164,475	)
Total futures contracts sold		0.8			123,836
Total futures contracts, at fair value		2.7	%	$	433,454
Futures and forward contracts by country composition
Australian		0.1	%	$	15,450
Canada		0.1			9,979
European Monetary Union		(0.1	)		(15,950	)
Great Britain		(0.1	)		(13,748	)
Japan		0.7			114,403
United States		1.5			247,595
Other		0.6			102,717
Total futures and forward contracts by country		2.8	%	$	460,446

* Due to rounding

See accompanying notes to financial statements.

11

SUPERFUND GREEN, L.P.—SERIES A

UNAUDITED STATEMENTS OF OPERATIONS

	Three Months Ended March 31,
	2013			2012
Investment income
Interest income	$	378		$	614
Other income		2			671
Total income		380			1,285
Expenses
Management fees		77,736			136,587
Ongoing offering expenses		42,020			73,831
Operating expenses		6,304			11,075
Selling commission		168,078			295,322
Brokerage commissions		92,941			112,337
Other		2,904			2,732
Total expenses		389,983			631,884
Net investment loss		(389,603	)		(630,599	)
Realized and unrealized gain (loss) on investments
Net realized gain (loss) on futures and forward contracts		1,414,071			(912,453	)
Net change in unrealized appreciation (depreciation) on futures and forward contracts		21,571			(507,038	)
Net gain (loss) on investments		1,435,642			(1,419,491	)
Net increase (decrease) in net assets from operations	$	1,046,039		$	(2,050,090	)
Net increase (decrease) in net assets from operations per Unit (based upon weighted average number of units outstanding during period)*	$	74.73		$	(90.27	)
Net increase (decrease) in net assets from operations per Unit (based upon change in net asset value per unit during period)	$	73.33		$	(92.46	)

* Weighted average number of Units outstanding for Series A for Three Months Ended March 31, 2013 and March 31, 2012: 13,997.02 and 22,711.90, respectively.

See accompanying notes to unaudited financial statements.

12

SUPERFUND GREEN, L.P.—SERIES A

UNAUDITED STATEMENTS OF CHANGES IN NET ASSETS

	Three Months Ended March 31,
	2013			2012
Increase (decrease) in net assets from operations
Net investment loss	$	(389,603	)	$	(630,599	)
Net realized gain (loss) on futures and forward contracts		1,414,071			(912,453	)
Net change in unrealized appreciation (depreciation) on futures and forward contracts		21,571			(507,038	)
Net increase (decrease) in net assets from operations		1,046,039			(2,050,090	)
Capital share transactions
Issuance of Units		119,441			244,909
Redemption of Units		(1,647,234	)		(2,963,045	)
Net decrease in net assets from capital share transactions		(1,527,793	)		(2,718,136	)
Net decrease in net assets		(481,754	)		(4,768,226	)
Net assets, beginning of period		16,557,336			30,877,886
Net assets, end of period	$	16,075,582		$	26,109,660
Units, beginning of period		14,646.201			24,863.954
Issuance of Units		102.786			187.031
Redemption of Units		(1,395.162	)		(2,314.538	)
Units, end of period		13,353.825			21,506.824

See accompanying notes to unaudited financial statements.

13

SUPERFUND GREEN, L.P.—SERIES A

UNAUDITED STATEMENTS OF CASH FLOWS

	Three Months Ended March 31,
	2013			2012
Cash flows from operating activities
Net increase (decrease) in net assets from operations	$	1,046,039		$	(2,050,090	)
Adjustments to reconcile net increase (decrease) in net assets from operations to net cash provided by operating activities:
Changes in operating assets and liabilities:
Purchases of U.S. government securities		—			(4,699,071	)
Sales and maturities of U.S. government securities		—			8,300,000
Amortization of discounts and premiums		—			408
Increase in due from brokers		1,146,125			10,380,332
Increase in due from affiliate		187			—
Increase in unrealized appreciation on open forward contracts		48,741			21,829
Increase (decrease) in unrealized depreciation on open forward contracts		(46,508	)		70,842
Increase in futures contracts purchased		251,883			293,788
Increase (decrease) in futures contracts sold		(275,687	)		120,579
Decrease in management fee payable		(1,828	)		(59,642	)
Decrease in fees payable		(2,319	)		(122,650	)
Net cash provided by operating activities		2,166,633			12,256,325
Cash flows from financing activities
Subscriptions		119,441			180,909
Redemptions, net of change in redemptions payable		(2,386,576	)		(2,780,655	)
Net cash used in financing activities		(2,267,135	)		(2,599,746	)
Net increase (decrease) in cash		(100,502	)		9,656,579
Cash, beginning of period		10,113,907			333,206
Cash, end of period	$	10,013,405		$	9,989,785

See accompanying notes to unaudited financial statements

14

SUPERFUND GREEN, L.P.—SERIES B

UNAUDITED STATEMENTS OF ASSETS AND LIABILITIES

as of March 31, 2013 and December 31, 2012

	March 31, 2013		December 31, 2012
ASSETS
Due from brokers	$	8,932,702	$	8,991,429
Unrealized appreciation on open forward contracts		79,152		210,352
Futures contracts purchased		751,062		596,935
Futures contracts sold		835,263		190,766
Cash		8,667,415		8,851,280
Total assets		19,265,594		18,840,762
LIABILITIES
Unrealized depreciation on open forward contracts		32,007		114,435
Futures contracts purchased		640,141		—
Futures contracts sold		207,552		—
Redemptions payable		535,351		805,961
Management fee payable		28,399		28,886
Fees payable		36,887		34,518
Total liabilities		1,480,337		983,800
NET ASSETS	$	17,785,257	$	17,856,962
Number of Units		14,094.791		15,682.537
Net asset value per Unit	$	1,261.83	$	1,138.65

See accompanying notes to unaudited financial statements.

15

SUPERFUND GREEN, L.P.—SERIES B

UNAUDITED CONDENSED SCHEDULE OF INVESTMENTS

as of March 31, 2013

	Percentage of Net Assets			Fair Value
Forward contracts, at fair value
Unrealized appreciation on forward contracts
Currency		0.4	%	$	79,152
Total unrealized appreciation on forward contracts		0.4			79,152
Unrealized depreciation on forward contracts
Currency		(0.1	)		(32,007	)
Total unrealized depreciation on forward contracts		(0.1	)		(32,007	)
Total forward contracts, at fair value		0.3	%	$	47,145
Futures contracts, at fair value
Futures contracts purchased
Currency		0.1			20,806
Energy		1.7			298,436
Financial		1.8			307,790
Food & Fiber		(1.1	)		(193,263	)
Indices		(0.2	)		(28,287	)
Metals		(1.7	)		(294,561	)
Total futures contracts purchased		0.6			110,921
Futures contracts sold
Currency		(0.1	)		(20,455	)
Energy		(0.6	)		(108,844	)
Financial		(0.1	)		(12,376	)
Food & Fiber		0.2			43,938
Indices		(0.1	)		(12,621	)
Livestock		0.1			16,960
Metals
LME Aluminum expiring June 2013		1.6			276,513
LME Copper expiring June 2013		1.5			266,125
Other		1.0			178,471
Total Metals		4.1			721,109
Total futures contracts sold		3.5			627,711
Total futures contracts, at fair value		4.1	%	$	738,632
Futures and forward contracts by country composition
Australia		(0.1	)%	$	(12,883	)
Canada		0.2			28,395
European Monetary Union		(0.2	)		(40,059	)
Great Britain		0.0	*		1,372
Japan		0.4			72,999
United States		3.7			667,834
Other		0.4			68,119
Total futures and forward contracts by country		4.4	%	$	785,777

* Due to rounding

See accompanying notes to financial statements.

16

SUPERFUND GREEN, L.P.—SERIES B

UNAUDITED CONDENSED SCHEDULE OF INVESTMENTS

as of December 31, 2012

	Percentage of Net Assets			Fair Value
Forward contracts, at fair value
Unrealized appreciation on forward contracts
Currency		1.2	%	$	210,352
Total unrealized appreciation on forward contracts		1.2			210,352
Unrealized depreciation on forward contracts
Currency		(0.6	)		(114,435	)
Total unrealized depreciation on forward contracts		(0.6	)		(114,435	)
Total forward contracts, at fair value		0.6	%	$	95,917
Futures contracts, at fair value
Futures contracts purchased
Currency		(0.0	)*%	$	(1,491	)
Energy		0.7			120,758
Financial		0.8			148,561
Food & Fiber		0.0	*		325
Indices		1.3			230,985
Metals		0.5			97,797
Total futures contracts purchased		3.3			596,935
Futures contracts sold
Currency		1.1			189,836
Energy		0.8			157,440
Financial		(0.0	)*		(6,894	)
Food & Fiber		0.7			125,232
Indices		(0.0	)*		(579	)
Metals		(1.5	)		(274,269	)
Total futures contracts sold		1.1			190,766
Total futures contracts, at fair value		4.4	%	$	787,701
Futures and forward contracts by country composition
Australia		0.1	%	$	22,299
Canada		0.1			11,967
European Monetary Union		(0.1	)		(22,191	)
Great Britain		(0.1	)		(19,969	)
Japan		1.4			253,009
United States		2.7			486,306
Other		0.9			152,197
Total futures and forward contracts by country		5.0	%	$	883,618

* Due to rounding

See accompanying notes to financial statements.

17

SUPERFUND GREEN, L.P.—SERIES B

UNAUDITED STATEMENTS OF OPERATIONS

	Three Months Ended March 31,
	2013			2012
Investment income
Interest income	$	492		$	388
Other income		1			1,194
Total income		493			1,582
Expenses
Management fees		86,446			144,390
Ongoing offering expenses		46,728			78,048
Operating expenses		7,010			11,707
Selling commission		186,909			312,192
Brokerage commissions		148,280			166,835
Other		4,446			2,599
Total expenses		479,819			715,771
Net investment loss		(479,326	)		(714,189	)
Realized and unrealized gain (loss) on investments
Net realized gain (loss) on futures and forward contracts		2,458,569			(1,217,461	)
Net change in unrealized depreciation on futures and forward contracts		(97,841	)		(809,823	)
Net gain (loss) on investments		2,360,728			(2,027,284	)
Net increase (decrease) in net assets from operations	$	1,881,402		$	(2,741,473	)
Net increase (decrease) in net assets from operations per Unit (based upon weighted average number of units outstanding during period)*	$	125.97		$	(121.61	)
Net increase (decrease) in net assets from operations per Unit (based upon change in net asset value per unit during period)	$	123.18		$	(123.47	)

* Weighted average number of Units outstanding for Series B for Three Months Ended March 31, 2013 and March 31, 2012: 14,935.35 and 22,543.47, respectively.

See accompanying notes to unaudited financial statements.

18

SUPERFUND GREEN, L.P.—SERIES B

UNAUDITED STATEMENTS OF CHANGES IN NET ASSETS

	Three Months Ended March 31,
	2013			2012
Increase (decrease) in net assets from operations
Net investment loss	$	(479,326	)	$	(714,189	)
Net realized gain (loss) on futures and forward contracts		2,458,569			(1,217,461	)
Net change in unrealized depreciation on futures and forward contracts		(97,841	)		(809,823	)
Net increase (decrease) in net assets from operations		1,881,402			(2,741,473	)
Capital share transactions
Issuance of Units		154,382			266,087
Redemption of Units		(2,107,489	)		(3,101,720	)
Net decrease in net assets from capital share transactions		(1,953,107	)		(2,835,633	)
Net decrease in net assets		(71,705	)		(5,577,106	)
Net assets, beginning of period		17,856,962			32,551,812
Net assets, end of period	$	17,785,257		$	26,974,706
Units, beginning of period		15,682.537			23,394.345
Issuance of Units		128.625			190.470
Redemption of Units		(1,716.371	)		(2,310.876	)
Units, end of period		14,094.791			21,273.939

See accompanying notes to unaudited financial statements.

19

SUPERFUND GREEN, L.P.—SERIES B

UNAUDITED STATEMENTS OF CASH FLOWS

	Three Months Ended March 31,
	2013			2012
Cash flows from operating activities
Net increase (decrease) in net assets from operations	$	1,881,402		$	(2,741,473	)
Adjustments to reconcile net increase (decrease) in net assets from operations to net cash provided by operating activities:
Changes in operating assets and liabilities:
Purchases of U.S. government securities		—			(5,298,957	)
Sales and maturities of U.S. government securities		—			9,350,000
Amortization of discounts and premiums		—			464
Increase in due from brokers		58,727			9,142,743
Increase in unrealized appreciation on open forward contracts		131,200			82,101
Increase (decrease) in unrealized depreciation on open forward contracts		(82,428	)		95,360
Increase in futures contracts purchased		486,014			457,611
Increase (decrease) in futures contracts sold		(436,945	)		174,751
Decrease in management fee payable		(487	)		(68,045	)
Increase (decrease) in fees payable		2,369			(144,667	)
Net cash provided by operating activities		2,039,852			11,049,888
Cash flows from financing activities
Subscriptions		154,382			185,387
Redemptions, net of change in redemptions payable		(2,378,099	)		(3,202,529	)
Net cash used in financing activities		(2,223,717	)		(3,017,142	)
Net increase (decrease) in cash		(183,865	)		8,032,746
Cash, beginning of period		8,851,280			656,150
Cash, end of period	$	8,667,415		$	8,688,896

See accompanying notes to unaudited financial statements

20

SUPERFUND GREEN, L.P., SUPERFUND GREEN, L.P.—SERIES A and SUPERFUND GREEN, L.P.—SERIES B

NOTES TO UNAUDITED FINANCIAL STATEMENTS

March 31, 2013

SUPERFUND GREEN, L.P.

1. Nature of operations

Organization and Business

Superfund Green, L.P. (the “Fund”), a Delaware limited partnership, commenced operations on November 5, 2002. The Fund was organized to trade speculatively in the United States (“U.S.”) and international commodity futures and forward markets using a fully-automated computerized trading system. The Fund has issued two classes of units (“Units”), Series A and Series B (each, a “Series”). The two Series are traded and managed the same way except for the degree of leverage.

The terms of Series A and Series B each shall continue until December 31, 2050, unless the applicable Series is terminated earlier by the Fund’s general partner, Superfund Capital Management, Inc. (“Superfund Capital Management”) or by operation of law or a decline in the aggregate net assets of such Series to less than $500,000.

2. Basis of presentation and significant accounting policies

Basis of Presentation

The unaudited financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) and accounting principles generally accepted in the U.S. (“U.S. GAAP”) with respect to the Form 10-Q and reflect all adjustments which in the opinion of management are normal and recurring, and which are necessary for a fair statement of the results of interim periods presented. It is suggested that these financial statements be read in conjunction with the financial statements and the related notes included in the Fund’s Annual Report on Form 10-K for the year ended December 31, 2012.

Valuation of Investments in Futures Contracts, Forward Contracts, and U.S. Treasury Bills

All commodity interests (including derivative financial instruments and derivative commodity instruments) are used for trading purposes. The commodity interests are recorded on a trade date basis and open contracts are recorded in the statements of assets and liabilities at fair value on the last business day of the period, which represents market value for those commodity interests for which market quotes are readily available.

Exchange-traded futures contracts are valued at settlement prices published by the recognized exchange. Any spot and forward foreign currency contracts held by the Fund will be valued at published settlement prices or at dealers’ quotes. The Fund uses the amortized cost method for valuing U.S. Treasury Bills due to the short-term nature of such instruments; accordingly, the cost of securities plus accreted discount, or minus amortized premium approximates fair value (See Section 3 – Fair Value Measurements).

Translation of Foreign Currency

Assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at the period-end exchange rates. Purchases and sales of investments and income and expenses that are denominated in foreign currencies are translated into U.S. dollar amounts on the transaction date. Adjustments arising from foreign currency transactions are reflected in the statements of operations.

The Fund does not isolate that portion of the results of operations arising from the effect of changes in foreign exchange rates on investments from fluctuations from changes in market prices of investments held. Such fluctuations are included in net realized and unrealized gain (loss) on investments in the statements of operations.

21

Investment Transactions, Investment Income and Expenses

Investment transactions are accounted for on a trade-date basis. Interest income and expenses are recognized on the accrual basis. The Fund uses the amortized cost method for valuing U.S. Treasury Bills. Operating expenses of the Fund are allocated to each Series in proportion to the net asset value of the Series at the beginning of each month. Expenses directly attributable to a particular Series are charged directly to that Series.

Gains or losses are realized when contracts are liquidated. Unrealized gains and losses on open contracts (the difference between contract trade price and market price) are reported in the statements of financial condition as a net gain or loss, as there exists a right of offset of unrealized gains or losses in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 210-20, Offsetting – Balance Sheet.

Set forth herein are instruments and transactions eligible for offset in the Statements of Assets and Liabilities and which are subject to derivative clearing agreements with the Fund’s futures commission merchants. Each futures commission merchant nets margin held on behalf of each Series of the Fund or payment obligations of the futures commission merchant to each Series against any payment obligations of that Series to the futures commission merchant. Each Series is required to deposit margin at each futures commission merchant to meet the original and maintenance requirements established by that futures commission merchant, and/or the exchange or clearinghouse associated with the exchange on which the instrument is traded. The derivative clearing agreements give each futures commission merchant a security interest in this margin to secure any liabilities owed to the futures commission merchant arising from a default by the Series. As of March 31, 2013, the Fund had on deposit $7,243,828 at ADM Investor Services, Inc. and $7,690,060 at Barclays Capital Inc. As of March 31, 2013, Series A had on deposit $2,784,904 at ADM Investor Services, Inc. and $3,216,627 at Barclays Capital Inc. As of March 31, 2013, Series B had on deposit $4,458,924 at ADM Investor Services, Inc. and $4,473,433 at Barclays Capital Inc.

Income Taxes

The Fund does not record a provision for U.S. income taxes because the partners report their share of the Fund’s income or loss on their returns. The financial statements reflect the Fund’s transactions without adjustment, if any, required for income tax purposes.

Superfund Capital Management has evaluated the application of ASC Topic 740, Income Taxes (“ASC 740”), to the Fund, to determine whether or not there are uncertain tax positions that require financial statement recognition. Based on this evaluation, Superfund Capital Management has determined no reserves for uncertain tax positions are required to be recorded as a result of the application of ASC 740. Superfund Capital Management is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next twelve months. As a result, no income tax liability or expense has been recorded in the accompanying financial statements. The Fund files federal and various state tax returns. The 2009 through 2012 tax years generally remain subject to examination by the U.S. federal and most state tax authorities.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires Superfund Capital Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

Recently Issued Accounting Pronouncements

ASU 2011-11

In December 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-11, Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”). ASU 2011-11 requires disclosures to make financial statements that are prepared under U.S. GAAP more comparable to those prepared under International Financial Reporting Standards (“IFRS”). The new disclosure requirements mandate that entities disclose both gross and net information about instruments and transactions eligible for offset in the statement of assets and liabilities as well as instruments and transactions subject to an agreement similar to a master netting arrangement. In addition, ASU 2011-11 requires disclosure of collateral received and posted in connection with master netting agreements or similar arrangements.

In January 2013, the FASB issued guidance to clarify the scope of disclosures about offsetting assets and liabilities. The amendments clarify that the scope of guidance issued in December 2011 to enhance disclosures around financial instrument and derivative instruments that are either (a) offset, or (b) subject to a master netting agreement or similar agreement, irrespective of whether they are offset, applies to derivatives, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset or subject to an enforceable master netting arrangement or similar agreement. The amendments are effective for interim and annual periods beginning on or after January 1, 2013. Adoption did not have a material impact on the Funds’ financial statements.

ASU 2011-04

In May 2011, FASB issued ASU No. 2011-04, Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. ASU 2011-04 includes common requirements for measurement of and disclosure

22

about fair value between U.S. GAAP and IFRS. ASU 2011-04 will require reporting entities to disclose the following information for fair value measurements categorized within Level 3 of the fair value hierarchy: quantitative information about the unobservable inputs used in the fair value measurement, the valuation processes used by the reporting entity and a narrative description of the sensitivity of the fair value measurement to changes in unobservable inputs and the interrelationships between those unobservable inputs. In addition, ASU 2011-04 will require reporting entities to make disclosures about amounts and reasons for all transfers in and out of Level 1 and Level 2 fair value measurements. The new and revised disclosures are effective for interim and annual reporting periods beginning after December 15, 2011. The Fund adopted ASU 2011-04 as of January 1, 2012. The adoption of the provisions of ASU 2011-04 has not had a material impact on the Fund’s financial statement disclosures.

3. Fair Value Measurements

The Fund follows ASC 820, Fair Value Measurements and Disclosures, which establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under ASC 820 are described below:

Level 1:	Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;
Level 2:	Quoted prices in markets that are not considered to be active or financial instruments for which all significant inputs are observable, either directly or indirectly;
Level 3:	Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable.

A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. In determining fair value, the Fund separates its financial instruments into two categories: U.S. government securities and derivative contracts.

U.S. Government Securities. The Fund’s only market exposure in instruments held other than for speculative trading is in its U.S. Treasury Bill portfolio. As the Fund uses the amortized cost method for valuing its U.S. Treasury Bill portfolio, which approximates fair value, this portfolio is classified within Level 2 of the fair value hierarchy.

Derivative Contracts. Derivative contracts can be exchange-traded or over-the-counter (“OTC”). Exchange-traded derivatives typically fall within Level 1 or Level 2 of the fair value hierarchy depending on whether they are deemed to be actively traded or not. The Fund has exposure to exchange-traded derivative contracts through the Fund’s trading of exchange-traded futures contracts. The Fund’s exchange-traded futures contract positions are valued daily at settlement prices published by the applicable exchanges. In such cases, provided they are deemed to be actively traded, exchange-traded derivatives are classified within Level 1 of the fair value hierarchy. Less actively traded exchange-traded derivatives fall within Level 2 of the fair value hierarchy.

OTC derivatives are valued using market transactions and other market evidence whenever possible, including market-based inputs to models, model calibration to market-clearing transactions, broker or dealer quotations, or alternative pricing sources with reasonable levels of price transparency. Where models are used, the selection of a particular model to value an OTC derivative depends upon the contractual terms of, and specific risks inherent in, the instrument as well as the availability of pricing information in the market. For OTC derivatives that trade in liquid markets, such as generic forwards and swaps, model inputs can generally be verified and model selection does not involve significant management judgment. The OTC derivatives held by the Fund may include forwards and swaps. Spot and forward foreign currency contracts held by the Fund are valued at published daily settlement prices or at dealers’ quotes. The Fund’s forward and swap positions are typically classified within Level 2 of the fair value hierarchy.

Certain OTC derivatives trade in less liquid markets with limited pricing information, and the determination of fair value for these derivatives is inherently more difficult. Such instruments are classified within Level 3 of the fair value hierarchy. Where the Fund does not have corroborating market evidence to support significant model inputs and cannot verify the model to market transactions, transaction price is initially used as the best estimate of fair value. Accordingly, when a pricing model is used to value such an instrument, the model is adjusted so that the model value at inception equals the transaction price. The valuations of these less liquid OTC derivatives are typically based on Level 1 and/or Level 2 inputs that can be observed in the market, as well as unobservable Level 3 inputs. Subsequent to initial recognition, the Fund updates the Level 1 and Level 2 inputs to reflect observable market changes, with resulting gains and losses reflected within Level 3. Level 3 inputs are

23

changed only when corroborated by evidence such as similar market transactions, third-party pricing services and/or broker or dealer quotations, or other empirical market data. In circumstances in which the Fund cannot verify the model value to market transactions, it is possible that a different valuation model could produce a materially different estimate of fair value. The Fund attempts to avoid holding less liquid OTC derivatives. However, once held, the market for any particular derivative contract could become less liquid during the holding period. As of and during the quarters ended March 31, 2013 and March 31, 2012, the Fund held no derivative contracts valued using Level 3 inputs.

The following table summarizes the valuation of the Fund’s assets and liabilities by the ASC 820 fair value hierarchy as of March 31, 2013 and December 31, 2012:

Superfund Green, L.P.

	Balance March 31, 2013		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	119,657	$	—	$	119,657	$	—
Futures contracts sold		1,361,906		1,361,906		—		—
Futures contracts purchased		1,190,538		1,190,538		—		—
Total Assets Measured at Fair Value	$	2,672,101	$	2,552,444	$	119,657	$	—
LIABILITIES
Futures contracts sold	$	334,672	$	334,672	$	—	$	—
Futures contracts purchased		1,021,882		1,021,882		—		—
Unrealized depreciation on open forward contracts		47,753		—		47,753		—
Total Liabilities Measured at Fair Value	$	1,404,307	$	1,356,554	$	47,753	$	—

	Balance December 31, 2012		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	299,598	$	—	$	299,598	$	—
Futures contracts sold		314,602		314,602		—		—
Futures contracts purchased		906,553		906,553		—		—
Total Assets Measured at Fair Value	$	1,520,753	$	1,221,155	$	299,598	$	—
LIABILITIES
Unrealized depreciation on open forward contracts	$	176,689	$	—	$	176,689	$	—
Total Liabilities Measured at Fair Value	$	176,689	$	—	$	176,689	$	—

Superfund Green, L.P.—Series A

	Balance March 31, 2013		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	40,505	$	—	$	40,505	$	—
Futures contracts sold		526,643		526,643		—		—
Futures contracts purchased		439,476		439,476		—		—
Total Assets Measured at Fair Value	$	1,006,624	$	966,119	$	40,505	$	—
LIABILITIES
Futures contracts sold	$	127,120	$	127,120	$	—	$	—
Futures contracts purchased		381,741		381,741		—		—
Unrealized depreciation on open forward contracts		15,746		—		15,746		—
Total Liabilities Measured at Fair Value	$	524,607	$	508,861	$	15,746	$	—

24

	Balance December 31, 2012		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	89,246	$	—	$	89,246	$	—
Futures contracts sold		123,836		123,836		—		—
Futures contracts purchased		309,618		309,618		—		—
Total Assets Measured at Fair Value	$	522,700	$	433,454	$	89,246	$	—
LIABILITIES
Unrealized depreciation on open forward contracts	$	62,254	$	—	$	62,254	$	—
Total Liabilities Measured at Fair Value	$	62,254	$	—	$	62,254	$	—

Superfund Green, L.P.—Series B

	Balance March 31, 2013		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	79,152	$	—	$	79,152	$	—
Futures contracts sold		835,263		835,263		—		—
Futures contracts purchased		751,062		751,062		—		—
Total Assets Measured at Fair Value	$	1,665,477	$	1,586,325	$	79,152	$	—
LIABILITIES
Futures contracts sold	$	207,552	$	207,552	$	—	$	—
Futures contracts purchased		640,141		640,141		—		—
Unrealized depreciation on open forward contracts		32,007		—		32,007		—
Total Liabilities Measured at Fair Value	$	879,700	$	847,693	$	32,007	$	—

	Balance December 31, 2012		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	210,352	$	—	$	210,352	$	—
Futures contracts sold		190,766		190,766		—		—
Futures contracts purchased		596,935		596,935		—		—
Total Assets Measured at Fair Value	$	998,053	$	787,801	$	210,352	$	—
LIABILITIES
Unrealized depreciation on open forward contracts	$	114,435	$	—	$	114,435	$	—
Total Liabilities Measured at Fair Value	$	114,435	$	—	$	114,435	$	—

4. Disclosure of derivative instruments and hedging activities

The Fund follows ASC 815, Disclosures about Derivative Instruments and Hedging Activities (“ASC 815”). ASC 815 is intended to improve financial reporting for derivative instruments by requiring enhanced disclosure that enables investors to understand how and why an entity uses derivatives, how derivatives are accounted for, and how derivative instruments affect an entity’s results of operations and financial position.

25

Derivative instruments held by the Fund do not qualify as derivative instruments held as hedging instruments, as defined in ASC 815. Instead, the Fund includes derivative instruments in its trading activity. Per the requirements of ASC 815, the Fund discloses the gains and losses on its trading activities for both derivative and nonderivative instruments in the Statement of Operations.

The Fund engages in the speculative trading of forward contracts in currency and futures contracts in a wide range of commodities, including equity markets, interest rates, food and fiber, energy, livestock, and metals. ASC 815 requires entities to recognize all derivatives instruments as either assets or liabilities at fair value in the statement of financial position. Investments in forward contracts and commodity futures contracts are recorded in the Statements of Assets and Liabilities as “unrealized appreciation or depreciation on open forward contracts and futures contracts purchased and futures contracts sold.” Since the derivatives held or sold by the Fund are for speculative trading purposes, the derivative instruments are not designated as hedging instruments under the provisions of ASC 815. Accordingly, all realized gains and losses, as well as any change in net unrealized gains or losses on open positions from the preceding period, are recognized as part of the Fund’s realized and unrealized gain (loss) on investments in the Statements of Operations.

Superfund Capital Management believes futures and forward trading activity expressed as a percentage of net assets is indicative of trading activity. Information concerning the fair value of the Fund’s derivatives held long or sold short, as well as information related to the annual average volume of the Fund’s derivative activity, is as follows:

Superfund Green, L.P.

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of March 31, 2013, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at March 31, 2013		Liability Derivatives at March 31, 2013			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	119,657	$	—		$	119,657
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(47,753	)		(47,753	)
Futures contracts	Futures contracts purchased		1,190,538		(1,021,882	)		168,656
Futures contracts	Futures contracts sold		1,361,906		(334,672	)		1,027,234
Totals		$	2,672,101	$	(1,404,307	)	$	1,267,794

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2012, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at December 31, 2012		Liability Derivatives at December 31, 2012			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	299,598	$	—		$	299,598
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(176,689	)		(176,689	)
Futures contracts	Futures contracts purchased		906,553		—			906,553
Futures contracts	Futures contracts sold		314,602		—			314,602
Totals		$	1,520,753	$	(176,689	)	$	1,344,064

26

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2013:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized loss on futures and forward contracts	$	(324,985	)	$	(51,005	)
Futures contracts	Realized and unrealized gain (loss) on futures and forward contracts		4,197,625			(25,265	)
Total		$	3,872,640		$	(76,270	)

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2012:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized gain (loss) on futures and forward contracts	$	92,368		$	(270,134	)
Futures contracts	Realized and unrealized loss on futures and forward contracts		(2,222,282	)		(1,046,727	)
Total		$	(2,129,914	)	$	(1,316,861	)

Superfund Green, L.P. gross and net unrealized gains and losses by long and short positions as of March 31, 2013 and December 31, 2012:

	As of March 31, 2013
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	9,383		0.0	*	$	(35,983	)		(0.1	)	$	110,274		0.3		$	(11,770	)		(0.1	)	$	71,904
Currency		49,323		0.1			(16,000	)		(0.0	)*		8,088		0.0	*		(43,019	)		(0.1	)		(1,608	)
Financial		539,882		1.6			(41,290	)		(0.1	)		—		—			(20,012	)		(0.1	)		478,580
Food & Fiber		2,375		0.0	*		(311,413	)		(0.9	)		67,552		0.2			—			—			(241,486	)
Indices		133,264		0.4			(169,373	)		(0.5	)		811		0.0	*		(18,329	)		(0.1	)		(53,627	)
Metals		695		0.0	*		(481,286	)		(1.4	)		1,183,572		3.5			—			—			702,981
Energy		465,001		1.4			(2,522	)		(0.0	)*		72,564		0.2			(243,483	)		(0.7	)		291,560
Livestock		—		—			—			—			29,320		0.1			(9,830	)		(0.0	)*		19,490
Totals	$	1,199,923		3.5		$	(1,057,867	)		(3.0	)	$	1,472,181		4.3		$	(346,443	)		(1.1	)	$	1,267,794

* Due to rounding

27

	As of December 31, 2012
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gain (Loss) on Open Positions
Foreign Exchange	$	299,300		0.9		$	(27,564	)		(0.1	)	$	298		0.0	*	$	(149,125	)		(0.4	)	$	122,909
Currency		148,788		0.4			(153,200	)		(0.4	)		305,562		0.9			(5,217	)		(0.0	)*		295,933
Financial		282,169		0.8			(35,118	)		(0.1	)		2,470		0.0	*		(13,501	)		(0.0	)*		236,020
Food & Fiber		1,350		0.0	*		(110	)		(0.0	)*		198,242		0.6			(2,910	)		(0.0	)*		196,572
Indices		515,158		1.5			(177,776	)		(0.5	)		—		—			(1,007	)		(0.0	)*		336,375
Metals		201,333		0.6			(56,090	)		(0.2	)		305,050		0.9			(743,794	)		(2.2	)		(293,501	)
Energy		180,319		0.5			(270	)		(0.0	)*		491,317		1.4			(221,610	)		(0.6	)		449,756
Totals	$	1,628,417		4.7		$	(450,128	)		(1.3	)	$	1,302,939		3.8		$	(1,137,164	)		(3.3	)	$	1,344,064

* Due to rounding

Superfund Green, L.P. average* contract volume by market sector for the three months ended March 31, 2013:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		111		181	$	658,683	$	587,597
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		706		567
Financial		6,119		276
Food & Fiber		308		485
Indices		2,127		90
Metals		1,328		541
Energy		724		743
Livestock		—		203
Total		11,423		3,086

* Based on quarterly holdings

Superfund Green, L.P. average* contract volume by market sector for the three months ended March 31, 2012:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		160		99	$	1,294,358	$	1,174,224
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		1,608		929
Financial		3,476		636
Food & Fiber		321		382
Indices		1,461		712
Metals		1,361		266
Energy		72		239
Livestock		936		276
Total		9,395		3,539

* Based on quarterly holdings

28

Superfund Green, L.P. trading results by market sector:

	For the Three Months Ended March 31, 2013
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains  (Losses)
Foreign Exchange	$	(324,985	)	$	(51,005	)	$	(375,990	)
Currency		82,174			(297,541	)		(215,367	)
Financial		(104,285	)		242,560			138,275
Food & Fiber		(57,948	)		(438,058	)		(496,006	)
Indices		2,708,023			(390,002	)		2,318,021
Metals		856,480			996,482			1,852,962
Livestock		262,170			19,490			281,660
Energy		451,011			(158,196	)		292,815
Total net trading gains	$	3,872,640		$	(76,270	)	$	3,796,370

	For the Three Months Ended March 31, 2012
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains  (Losses)
Foreign Exchange	$	92,368		$	(270,134	)	$	(177,766	)
Currency		(2,199,877	)		(429,495	)		(2,629,372	)
Financial		(1,539,652	)		75,807			(1,463,845	)
Food & Fiber		(978,538	)		(363,905	)		(1,342,443	)
Indices		(182,180	)		109,142			(73,038	)
Metals		(140,169	)		(626,246	)		(766,415	)
Livestock		(128,284	)		441,200			312,916
Energy		2,946,418			(253,230	)		2,693,188
Total net trading losses	$	(2,129,914	)	$	(1,316,861	)	$	(3,446,775	)

Superfund Green, L.P.—Series A

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of March 31, 2013, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at March 31, 2013		Liability Derivatives at March 31, 2013			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	40,505	$	—		$	40,505
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(15,746	)		(15,746	)
Futures contracts	Futures contracts purchased		439,476		(381,741	)		57,735
Futures contracts	Futures contracts sold		526,643		(127,120	)		399,523
Totals		$	1,006,624	$	(524,607	)	$	482,017

29

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2012, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at December 31, 2012		Liability Derivatives at December 31, 2012			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	89,246	$	—		$	89,246
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(62,254	)		(62,254	)
Futures contracts	Futures contracts purchased		309,618		—			309,618
Futures contracts	Futures contracts sold		123,836		—			123,836
Totals		$	522,700	$	(62,254	)	$	460,446

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2013:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized  Appreciation (Depreciation) on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized loss on futures and forward contracts	$	(152,496	)	$	(2,233	)
Futures contracts	Realized and unrealized gain on futures and forward contracts		1,566,567			23,804
Total		$	1,414,071		$	21,571

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2012:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized gain (loss) on futures and forward contracts	$	27,182		$	(92,672	)
Futures contracts	Realized and unrealized loss on futures and forward contracts		(939,635	)		(414,366	)
Total		$	(912,453	)	$	(507,038	)

30

Superfund Green, L.P. – Series A gross and net unrealized gains and losses by long and short positions as of March 31, 2013 and December 31, 2012:

	As of March 31, 2013
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	1,939		0.1		$	(11,582	)		(0.1	)	$	38,566		0.2		$	(4,164	)		(0.0	)*	$	24,759
Currency		18,517		0.1			(6,000	)		(0.0	)*		3,319		0.0	*		(17,795	)		(0.1	)		(1,959	)
Financial		206,333		1.3			(15,531	)		(0.1	)		—		—			(7,636	)		(0.0	)*		183,166
Food & Fiber		1,050		0.0	*		(116,825	)		(0.7	)		23,614		0.1			—			—			(92,161	)
Indices		48,808		0.3			(56,630	)		(0.3	)		411		0.0	*		(5,308	)		(0.0	)*		(12,719	)
Metals		162		0.0	*		(186,192	)		(1.2	)		462,463		2.9			—			—			276,433
Energy		164,606		1.0			(563	)		(0.0	)*		30,346		0.2			(92,421	)		(0.6	)		101,968
Livestock		—		—			—			—			6,490		0.0	*		(3,960	)		(0.0	)*		2,530
Totals	$	441,415		2.8		$	(393,323	)		(2.4	)	$	565,209		3.4		$	(131,284	)		(0.7	)	$	482,017

* Due to rounding

	As of December 31, 2012
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	89,181		0.5		$	(9,816	)		(0.1	)	$	65		0.0	*	$	(52,438	)		(0.3	)	$	26,992
Currency		59,819		0.4			(62,740	)		(0.4	)		112,612		0.7			(2,103	)		(0.0	)*		107,588
Financial		113,718		0.7			(15,228	)		(0.1	)		1,185		0.0	*		(5,322	)		(0.0	)*		94,353
Food & Fiber		915		0.0	*		—			—			71,348		0.4			(1,248	)		(0.0	)*		71,015
Indices		176,408		1.1			(70,011	)		(0.4	)		—		—			(428	)		(0.0	)*		105,969
Metals		69,944		0.4			(22,498	)		(0.1	)		122,925		0.7			(287,400	)		(1.7	)		(117,029	)
Energy		59,561		0.4			(270	)		(0.0	)*		187,282		1.2			(75,015	)		(0.5	)		171,558
Totals	$	569,546		3.4		$	(180,563	)		(1.1	)	$	495,417		3.0		$	(423,954	)		(2.5	)	$	460,446

* Due to rounding

Series A average* contract volume by market sector for the three months ended March 31, 2013:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		52		80	$	233,722	$	224,682
	Average Number of Long Contracts		Average Number of  Short Contracts
Currency		273		216
Financial		2,380		108
Food & Fiber		115		188
Indices		796		34
Metals		524		211
Energy		277		281
Livestock		—		79
Total		4,417		1,197

* Based on quarterly holdings

31

Series A average* contract volume by market sector for the three months ended March 31, 2012:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		75		47	$	474,513	$	429,754
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		659		383
Financial		1,397		240
Food & Fiber		130		152
Indices		579		288
Metals		554		103
Livestock		29		94
Energy		380		110
Totals		3,803		1,417

* Based on quarterly holdings

Series A trading results by market sector:

	For the Three Months Ended March 31, 2013
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	(152,496	)	$	(2,233	)	$	(154,729	)
Currency		31,594			(109,547	)		(77,953	)
Financial		(48,161	)		88,813			40,652
Food & Fiber		(17,156	)		(163,176	)		(180,332	)
Indices		984,240			(118,688	)		865,552
Metals		314,072			393,462			707,534
Livestock		106,110			2,530			108,640
Energy		195,868			(69,590	)		126,278
Total net trading gains	$	1,414,071		$	21,571		$	1,435,642

	For the Three Months Ended March 31, 2012
	Net Realized Gain (Losses)			Change in  Net Unrealized Gain (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	27,182		$	(92,672	)	$	(65,490	)
Currency		(923,845	)		(162,007	)		(1,085,852	)
Financial		(623,614	)		35,406			(588,208	)
Food & Fiber		(394,315	)		(155,701	)		(550,016	)
Indices		(59,412	)		26,539			(32,873	)
Metals		(70,445	)		(230,431	)		(300,876	)
Livestock		(50,524	)		169,510			118,986
Energy		1,182,520			(97,682	)		1,084,838
Total net trading losses	$	(912,453	)	$	(507,038	)	$	(1,419,491	)

32

Superfund Green, L.P.—Series B

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of March 31, 2013, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at March 31, 2013		Liability Derivatives at March 31, 2013			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	79,152	$	—		$	79,152
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(32,007	)		(32,007	)
Futures contracts	Futures contracts purchased		751,062		(640,141	)		110,921
Futures contracts	Futures contracts sold		835,263		(207,552	)		627,711
Totals		$	1,665,477	$	(879,700	)	$	785,777

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2012, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at December 31, 2012		Liability Derivatives at December  31, 2012			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	210,352	$	—		$	210,352
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(114,435	)		(114,435	)
Futures contracts	Futures contracts purchased		596,935		—			596,935
Futures contracts	Futures contracts sold		190,766		—			190,766
Totals		$	998,053	$	(114,435	)	$	883,618

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2013:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized loss on futures and forward contracts	$	(172,489	)	$	(48,772	)
Futures contracts	Realized and unrealized gain (loss) on futures and forward contracts		2,631,058			(49,069	)
Total		$	2,458,569		$	(97,841	)

33

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2012:

Derivatives Not Accounted for as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized  Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Net realized and unrealized gain (loss) on futures and forward contracts	$	65,186		$	(177,462	)
Futures contracts	Net realized and unrealized loss on futures and forward contracts		(1,282,647	)		(632,361	)
Total		$	(1,217,461	)	$	(809,823	)

Superfund Green, L.P. – Series B gross and net unrealized gains and losses by long and short positions as of March 31, 2013 and December 30, 2012:

	As of March 31, 2013
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	7,444		0.0	*	$	(24,401	)		(0.1	)	$	71,708		0.4		$	(7,606	)		(0.0	)*	$	47,145
Currency		30,806		0.2			(10,000	)		(0.1	)		4,769		0.0	*		(25,224	)		(0.1	)		351
Financial		333,549		1.9			(25,759	)		(0.1	)		—		—			(12,376	)		(0.1	)		295,414
Food & Fiber		1,325		0.0	*		(194,588	)		(1.1	)		43,938		0.2			—			—			(149,325	)
Indices		84,456		0.4			(112,743	)		(0.6	)		400		0.0	*		(13,021	)		(0.1	)		(40,908	)
Metals		533		0.0	*		(295,094	)		(1.7	)		721,109		4.1			—			—			426,548
Energy		300,395		1.7			(1,959	)		(0.0	)*		42,218		0.2			(151,062	)		(0.8	)		189,592
Livestock		—		—			—			—			22,830		0.1			(5,870	)		(0.0	)*		16,960
Totals	$	758,508		4.2		$	(664,544	)		(3.7	)	$	906,972		5.0		$	(215,159	)		(1.1	)	$	785,777

* Due to rounding

	As of December 31, 2012
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	210,119		1.2		$	(17,748	)		(0.1	)	$	233		0.0	*	$	(96,687	)		(0.5	)	$	95,917
Currency		88,969		0.5			(90,460	)		(0.5	)		192,950		1.1			(3,114	)		(0.0	)*		188,345
Financial		168,451		0.9			(19,890	)		(0.1	)		1,285		0.0	*		(8,179	)		(0.0	)*		141,667
Food & Fiber		435		0.0	*		(110	)		(0.0	)*		126,894		0.7			(1,662	)		(0.0	)*		125,557
Indices		338,750		1.9			(107,765	)		(0.6	)		—		—			(579	)		(0.0	)*		230,406
Metals		131,389		0.7			(33,592	)		(0.2	)		182,125		1.0			(456,394	)		(2.5	)		(176,472	)
Energy		120,758		0.7			—			—			304,035		1.7			(146,595	)		(0.9	)		278,198
Totals	$	1,058,871		5.9		$	(269,565	)		(1.5	)	$	807,522		4.5		$	(713,210	)		(3.9	)	$	883,618

* Due to rounding

34

Series B average* contract volume by market sector for the three months ended March 31, 2013:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		59		101	$	424,961	$	362,915
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		433		351
Financial		3,739		168
Food & Fiber		193		297
Indices		1,331		56
Metals		804		330
Energy		447		462
Livestock		—		124
Total		7,006		1,889

* Based on quarterly holdings

Series B average* contract volume by market sector for the three months ended March 31, 2012:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		85		52	$	819,845	$	744,470
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		949		546
Financial		2,079		396
Food & Fiber		191		230
Indices		882		424
Metals		807		163
Livestock		43		145
Energy		556		166
Totals		5,592		2,122

* Based on quarterly holdings

The Fund’s trading results by market sector:

	For the Three Months Ended March 31, 2013
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	(172,489	)	$	(48,772	)	$	(221,261	)
Currency		50,580			(187,994	)		(137,414	)
Financial		(56,124	)		153,747			97,623
Food & Fiber		(40,792	)		(274,882	)		(315,674	)
Indices		1,723,783			(271,314	)		1,452,469
Metals		542,408			603,020			1,145,428
Livestock		156,060			16,960			173,020
Energy		255,143			(88,606	)		166,537
Total net trading gains (losses)	$	2,458,569		$	(97,841	)	$	2,360,728

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	For the Three Months Ended March 31, 2012
	Net Realized Gains (Losses)			Change in Net Unrealized Gains (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	65,186		$	(177,462	)	$	(112,276	)
Currency		(1,276,032	)		(267,488	)		(1,543,520	)
Financial		(916,038	)		40,401			(875,637	)
Food & Fiber		(584,223	)		(208,204	)		(792,427	)
Indices		(122,768	)		82,603			(40,165	)
Metals		(69,724	)		(395,815	)		(465,539	)
Livestock		(77,760	)		271,690			193,930
Energy		1,763,898			(155,548	)		1,608,350
Total net trading losses	$	(1,217,461	)	$	(809,823	)	$	(2,027,284	)

5. Due from/to brokers

Due from brokers consists of proceeds from securities sold. Amounts due from brokers may be restricted to the extent that they serve as deposits for securities sold short. Amounts due to brokers, if any, represent margin borrowings that are collateralized by certain securities. As of March 31, 2013 and December 31, 2012, there were no amounts due to brokers.

In the normal course of business, all of the Fund’s marketable securities transactions, money balances and marketable security positions are transacted with brokers. The Fund is subject to credit risk to the extent any broker with whom it conducts business is unable to fulfill contractual obligations on its behalf.

6. Allocation of net profits and losses

In accordance with the Fund’s Sixth Amended and Restated Limited Partnership Agreement, net profits and losses of the Fund are allocated to partners according to their respective interests in the Fund as of the beginning of each month.

Subscriptions received in advance, if any, represent cash received prior to the balance sheet date for subscriptions of the subsequent month and do not participate in the earnings of the Fund until the following month.

7. Related party transactions

Superfund Capital Management shall be paid a management fee equal to one-twelfth of 1.85% of month-end net assets (1.85% per annum), ongoing offering expenses equal to one-twelfth of 1% of month-end net assets (1% per annum), not to exceed the amount of actual expenses incurred, and monthly operating expenses equal to one-twelfth of 0.15% of month-end net assets (0.15% per annum), not to exceed the amount of actual expenses incurred. Superfund Capital Management will also be paid a monthly performance/incentive fee equal to 25% of the new appreciation without respect to interest income. Trading losses will be carried forward and no further performance/incentive fee may be paid until the prior losses have been recovered. In addition, a portion of the Fund’s brokerage fees will be paid to the clearing brokers for execution and clearing costs and the balance will be paid to Superfund Capital Management for providing services akin to services provided by an introducing broker. Superfund USA, LLC an entity related to Superfund Capital Management by common ownership, shall be paid monthly selling commissions equal to one-twelfth of 4% (4% per annum) of the month-end net asset value of the Fund. However, the maximum cumulative selling commission per Unit is limited to 10% of the initial public offering price of Units sold. Selling commissions charged as of the end of each month in excess of 10% of the initial public offering price of Units sold shall not be paid out to any selling agent but shall instead be held in a separate account. Accrued monthly performance fees, if any, will then be charged against both net assets of the Fund as of month-end, as well as against amounts held in the separate account. Any increase or decrease in net assets and any accrued interest will then be credited or charged to each investor (a “Limited Partner”) on a pro rata basis. The remainder of the amounts held in the separate account, if any, shall then be reinvested in Units as of such month-end, at the current net asset value, for the benefit of the appropriate Limited Partner. The amount of any distribution to a Limited Partner, any amount paid to a Limited Partner on redemption of Units and any redemption fee paid to Superfund Capital Management upon the redemption of Units will be charged to that Limited Partner. Selling commissions are shown gross on the statement of operations and amounts over the 10% selling commission threshold are rebated to the Limited Partner by purchasing Units of the Fund.

As of March 31, 2013, Superfund Capital Management owned 386.799 Units of Series A, representing 2.9% of the total issued Units of Series A, and 545.883 Units of Series B, representing 3.87% of the total issued Units of Series B, having a combined value of $1,156,616.

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8. Financial highlights

Financial highlights for the period January 1 through March 31 are as follows:

	2013						2012
	Series A			Series B			Series A			Series B
Total return before incentive fees*		6.5	%		10.8	%		(7.1	)%		(8.9	)%
Incentive fees		0.0	%		0.0	%		0.0	%		0.0	%
Total return after incentive fees		6.5	%		10.8	%		(7.1	)%		(8.9	)%
Ratios to average partners’ capital**
Operating expenses before incentive fees		2.4	%		2.6	%		2.1	%		2.3	%
Incentive fees		0.0	%		0.0	%		0.0	%		0.0	%
Total expenses		2.4	%		2.6	%		2.1	%		2.3	%
Net investment loss		(2.3	)%		(2.6	)%		(2.1	)%		(2.3	)%
Net asset value per unit, beginning of period	$	1,130.49		$	1,138.65		$	1,306.48		$	1,391.44
Net investment loss		(27.52	)		(31.69	)		(27.48	)		(31.38	)
Net gain on investments		100.85			154.87			(64.98	)		(92.09	)
Net asset value per unit, end of period	$	1,203.82		$	1,261.83		$	1,214.02		$	1,267.97
Other per Unit information:
Net increase (decrease) in net assets from operations per Unit (based upon weighted average number of Units during period)	$	74.73		$	125.97		$	(90.27	)	$	(121.61	)
Net increase (decrease) in net assets from operations per Unit (based upon change in net asset value per Unit)	$	73.33		$	123.18		$	(92.46	)	$	(123.47	)

* Total return is calculated for each Series of the Fund taken as a whole. An individual’s return may vary from these returns based on the timing of capital transactions.

** Annualized for periods less than a year.

Financial highlights are calculated for each series taken as a whole. An individual partner’s return, per unit data, and ratios may vary based on the timing of capital transactions.

9. Financial instrument risk

In the normal course of its business, the Fund is party to financial instruments with off-balance sheet risk, including derivative financial instruments and derivative commodity instruments. The term “off-balance sheet risk” refers to an unrecorded potential liability that, even though it does not appear on the balance sheet, may result in a future obligation or loss. These financial instruments may include forwards, futures and options, whose values are based upon an underlying asset, index, or reference rate, and generally represent future commitments to exchange currencies or cash flows, to purchase or sell other financial instruments at specific terms at specific future dates, or, in the case of derivative commodity instruments, to have a reasonable possibility to be settled in cash, through physical delivery or with another financial instrument. These instruments may be traded on an exchange or OTC. Exchange-traded instruments are standardized and include futures and certain option contracts. OTC contracts are negotiated between contracting parties and include forwards and certain options. Each of these instruments is subject to various risks similar to those related to the underlying financial instruments including market and credit risk. In general, the risks associated with OTC contracts are greater than those associated with exchange-traded instruments because of the greater risk of default by the counterparty to an OTC contract.

For the Fund, gross unrealized gains and losses related to exchange-traded futures were $2,552,447 and $1,356,557, respectively, and gross unrealized gains and losses related to non-exchange-traded forwards were $119,657 and $47,753, respectively, at March 31, 2013.

For Series A, gross unrealized gains and losses related to exchange-traded futures were $966,119 and $508,861, respectively, and gross unrealized gains and losses related to non-exchange-traded forwards were $40,505 and $15,746, respectively, at March 31, 2013.

For Series B, gross unrealized gains and losses related to exchange-traded futures were $1,586,328 and $847,696, respectively, and gross unrealized gains and losses related to non-exchange-traded forwards were $79,152 and $32,007, respectively, at March 31, 2013.

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Market risk is the potential for changes in the value of the financial instruments traded by the Fund due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity or security prices. In entering into these contracts, there exists a market risk that such contracts may be significantly influenced by conditions such as interest rate volatility, resulting in such contracts being less valuable. If the markets should move against all of the futures interest positions at the same time, and Superfund Capital Management was unable to offset such positions, the Fund could experience substantial losses.

Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk with respect to exchange-traded instruments is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transactions. The Fund’s risk of loss in the event of counterparty default is typically limited to the amounts recognized in the statements of assets and liabilities and not represented by the contract or notional amounts of the instruments. As the Fund’s assets are held in segregated accounts with futures commission merchants, the Fund has credit risk and concentration risk. The Fund’s futures commission merchants are currently ADM Investor Services, Inc. and Barclays Capital Inc.

Superfund Capital Management monitors and attempts to control the Fund’s risk exposure on a daily basis through financial, credit, and risk management monitoring systems, and accordingly believes that it has effective procedures for evaluating and limiting the credit and market risks to which the Fund is subject. These monitoring systems allow Superfund Capital Management to statistically analyze actual trading results with risk adjusted performance indicators and correlation statistics. In addition, on-line monitoring systems provide account analysis of futures and forward positions by sector, margin requirements, gain and loss transactions, and collateral positions.

The majority of these futures and forwards mature within one year of March 31, 2013. However, due to the nature of the Fund’s business, these instruments may not be held to maturity.

10. Subscriptions and redemptions

Investors must submit subscriptions at least five business days prior to the applicable month-end closing date and they will be accepted once payments are received and cleared. All subscription funds are required to be promptly transmitted to the escrow agent, U.S. Bank National Association. Subscriptions must be accepted or rejected by Superfund Capital Management within five business days of receipt, and the settlement date for the deposit of subscription funds in escrow must be within five business days of acceptance. No fees or costs will be assessed on any subscription while held in escrow, irrespective of whether the subscription is accepted or the subscription funds are returned.

A Limited Partner may request any or all of his investment in such Series be redeemed by such Series at the net asset value of a Unit within such Series as of the end of each month, subject to a minimum redemption of $1,000 and subject further to such Limited Partner having an investment in such Series, after giving effect to the requested redemption, at least equal to the minimum initial investment amount of $10,000. Limited Partners must transmit a written request of such redemption to Superfund Capital Management not less than five business days prior to the end of the month (or such shorter period as permitted by Superfund Capital Management) as of which the redemption is to be effective. Redemptions will generally be paid within twenty days after the effective date of the redemption. However, in special circumstances, including, but not limited to, inability to liquidate dealers’ positions as of a redemption date or default or delay in payments due to each Series from clearing brokers, banks or other persons or entities, each Series may in turn delay payment to persons requesting redemption of the proportionate part of the net assets of each Series represented by the sums that are subject of such default or delay. The Prospectus of the Fund dated May 1, 2013 included within the Registration Statement on Form S-1 (File No. 333-184998) provides if the net asset value per Unit within a Series as of the end of any business day declines by 50% or more from either the prior year-end or the prior month-end Unit value of such Series, Superfund Capital Management will suspend trading activities, notify all Limited Partners within such Series of the relevant facts within seven business days and declare a special redemption period.

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11. Indemnification

In the normal course of business, the Fund enters into contracts that provide general indemnifications. The Fund’s maximum exposure under these arrangements is dependent on future claims that may be made against the Fund, and therefore cannot be established; however, based on experience, the risk of loss from such claims is considered remote.

12. Subsequent events

Superfund Capital Management has evaluated the impact of all subsequent events on the Fund through the date the financial statements were filed and has determined that there were no subsequent events requiring recognition or disclosure in the financial statements.

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

INTRODUCTION

The Fund commenced the offering of its Units on October 22, 2002. The initial offering terminated on October 31, 2002 and the Fund commenced operations on November 5, 2002. The continuing offering period commenced at the termination of the initial offering period and is ongoing. Subscription and redemption data is presented for both the Fund, as the SEC registrant, and for Series A and Series B, individually. For the quarter ended March 31, 2013, the Fund has accepted subscriptions totaling $273,823 and redemptions over the same period totaled $3,754,723. For the quarter ended March 31, 2013, subscriptions totaling $119,441 in Series A and $154,382 in Series B have been accepted and redemptions over the same period totaled $1,647,234 in Series A and $2,107,489 in Series B.

LIQUIDITY

Most U.S. commodity exchanges limit fluctuations in futures contracts prices during a single day by regulations referred to as “daily price fluctuation limits” or “daily limits.” During a single trading day, no trades may be executed at prices beyond the daily limit. This may affect the Fund’s ability to initiate new positions or close existing ones or may prevent it from having orders executed. Futures prices have occasionally moved the daily limit for several consecutive days with little or no trading. Similar occurrences could prevent the Fund from promptly liquidating unfavorable positions and subject the Fund to substantial losses, which could exceed the margin initially committed to such trades. In addition, even if futures prices have not moved the daily limit, the Fund may not be able to execute futures trades at favorable prices if little trading in such contracts is taking place.

Trading in forward contracts introduces a possible further impact on liquidity. Because such contracts are executed “off exchange” between private parties, the time required to offset or “unwind” these positions may be greater than that for regulated instruments. This potential delay could be exacerbated to the extent a counterparty is not a U.S. person.

Other than these limitations on liquidity, which are inherent in the Fund’s futures and forward trading operations, the Fund’s assets are expected to be highly liquid.

CAPITAL RESOURCES

The Fund will raise additional capital only through the sale of Units offered pursuant to the continuing offering and does not intend to raise any capital through borrowings. Due to the nature of the Fund’s business, it will make no capital expenditures and will have no capital assets which are not operating capital or assets.

RESULTS OF OPERATIONS

Three Months Ended March 31, 2013

Series A:

Net results for the quarter ended March 31, 2013, were a gain of 6.5% in net asset value compared to the preceding quarter end. In this period, Series A experienced a net increase in net assets from operations of $1,046,039. This increase consisted of income of $380, trading gains of $1,435,642 and total expenses of $389,983. Expenses included $77,736 in management fees, $42,020 in ongoing offering expenses, $6,304 in operating expenses, $168,078 in selling commissions, $92,941 in brokerage commissions and $2,904 in other expenses. At March 31, 2013 and December 31, 2012, the net asset value per Unit of Series A was $1,203.82 and $1,130.49, respectively.

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Series B:

Net results for the quarter ended March 31, 2013, were a gain of 10.8% in net asset value compared to the preceding quarter end. In this period, Series B experienced a net increase in net assets from operations of $1,881,402. This increase consisted of income of $493, trading gains of $2,360,728 and total expenses of $479,819. Expenses included $86,446 in management fees, $46,728 in ongoing offering expenses, $7,010 in operating expenses, $186,909 in selling commissions, $148,280 in brokerage commissions and $4,446 in other expenses. At March 31, 2013 and December 31, 2012, the net asset value per Unit of Series B was $1,261.83 and $1,138.65 respectively.

Fund results for 1^st Quarter 2013:

In March, the Fund’s trading strategies produced positive returns. United States (“U.S.”) stock indices rose for a third consecutive month with the Standard and Poor 500 (the “S&P 500”) approaching an all-time high, leading to profitable returns for the Fund’s long positions. The Fund’s long positions in European long-term interest rate futures produced significant gains as investors feared the banking crisis in Cyprus could spill over into neighboring economies. Short positions in base metals added to positive returns as markets were pressured by the debt crisis in Europe, slumping Chinese stocks, and the rising U.S. dollar. The Fund also benefited from long natural gas positions as below normal temperatures forecasted for April lifted futures to an 18-month high. Larger than expected U.S. inventories and record projected planting acreage sent Chicago Board of Trade (“CBOT”) corn to limit down conditions on the last day of trading, resulting in losses for the Fund’s long positions across the grain sector.

The Fund produced positive results in February as unmet expectations for global demand sent commodities lower while unsettling election results in Italy and negative growth renewed European debt concerns. Long positions in equity indices yielded losses for the Fund as European political instability and the slow pace of economic activity again raised concerns over regional finances. The Fund’s long bond positions generated solid returns in treasuries as European debt crisis fears were reignited in reaction to inconclusive Italian election results. Long positions in the money market sector generated favorable returns for the Funds as rising interbank borrowing costs prompted European Central Bank (“ECB”) President Mario Draghi to restate the ECB’s readiness to loosen monetary policy, lowering yield expectations. The U.S. dollar strengthened dramatically against a basket of world currencies leading to disappointing results for the Fund’s long positions in counter-currencies. The Fund’s short position in London Metal Exchange (“LME”) aluminum generated healthy returns as anticipated increases in demand had yet to be realized, Chinese production swelled and stockpiles tracked by LME rose for a fifth straight month. After climbing 6% in January, the crude oil complex fell back as the slow pace of recovery across the globe was unable to support a further advance, leading to losses for the Fund’s long positions in the energies sector.

In January, the Fund produced positive returns to start 2013 with gains across multiple market sectors. The Fund’s strategies performed well in global equities as indices reached multi-year highs on growing investor optimism, producing profits for the Fund’s long positions. The Fund’s long positions in base metals produced favorable results with the rebound in the global economy leading to increased industrial demand. Long allocations across the energies sector also generated healthy returns for the Fund as improving global economic conditions lifted demand prospects while unrest across North Africa and the Middle East injected geopolitical risk premium. Growing global economic stability eroded demand for the safety of government securities in January, leading to negative returns for the Fund’s long positions in the bonds sector. Expectations for the removal of excess liquidity from the financial system led to losses for the Fund’s long positions in money market futures.

Three Months Ended March 31, 2012

Series A:

Net results for the quarter ended March 31, 2012, were a loss of 7.1% in net asset value compared to the preceding quarter end. In this period, Series A experienced a net decrease in net assets from operations of $2,050,090. This decrease consisted of income of $1,285, trading losses of $1,419,491 and total expenses of $631,884. Expenses included $136,587 in management fees, $73,831 in ongoing offering expenses, $11,075 in operating expenses, $295,322 in selling commissions, $112,337 in brokerage commissions and $2,732 in other expenses. At March 31, 2012 and December 31, 2011, the net asset value per Unit of Series A was $1,214.02 and 1,306.48, respectively.

Series B:

Net results for the quarter ended March 31, 2012, were a loss of 8.9% in net asset value compared to the preceding quarter end. In this period, Series B experienced a net decrease in net assets from operations of $2,741,473. This decrease consisted of income of $1,582, trading losses of $2,027,284 and total expenses of $715,771. Expenses included $144,390 in management fees, $78,048 in ongoing offering expenses, $11,707 in operating expenses, $312,192 in selling commissions, $166,835 in brokerage commissions and $2,599 in other expenses. At March 31, 2012 and December 31, 2011, the net asset value per Unit of Series B was $1,267.97 and 1,391.44 respectively.

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Fund results for 1^st Quarter 2012:

In March, the Fund’s trading strategies produced disappointing returns as rapidly shifting macroeconomic factors led to trendless and choppy market conditions. The U.S. economy sustained momentum, adding another 227,000 jobs for its best six-month streak since May of 2006. Retail sales climbed 1.1%, the most in five months, reflecting consumer confidence despite rising gas prices. In contrast, commodity-driven economies such as Australia felt the effects of reduced base-metal demand, while euro-zone gross domestic product (“GDP”) unexpectedly contracted as the region struggles to contain its debt crisis. Crude oil declined as the impact of Iranian tensions receded when compared to slowing global demand and ample supplies. The Fund’s short-term strategies produced mixed to slightly negative results. The Fund’s allocation to currency markets yielded poor results in March. The U.S. dollar (+0.5%) advanced early as improvements in the U.S. economy and positive investor sentiment drove up equities and sent interest rates modestly higher. Later in the month Chairman Bernanke of the U.S. Federal Reserve Bank (the “Fed”) reiterated his commitment to low interest rates, pressuring the U.S. dollar and erasing previous gains. The ECB continued to hold the line on interest rates, keeping its discount rate at 1%. The euro and British pound finished unchanged versus the U.S. dollar after declines of 2%. The Australian dollar (-4.4%) fell on weak GDP, an unexpected rise in unemployment, as well as softening commodity exports. The Fund’s bond exposure experienced losses during a turbulent March as U.S. and European bonds sold off precipitously only to rebound later in the month. Japanese Government Bonds (“JGB”) came under pressure as the Bank of Japan (“BOJ”) resisted calls to increase asset purchases beyond the 30 trillion yen committed at their February meeting. JGB yields rose to 1.056%, the highest since December 2011. The Fund experienced negative results in the global equity markets in March. European stocks fell sharply on euro-zone GDP contraction (-0.3%) before optimistic U.S. data helped lift futures to 8-month highs. Markets quickly reversed on China’s shrinking economy and the possible need for further Greek debt restructuring. The FTSE (-2.1%), Amsterdam EOE Index (-1.2%), and Euro Stoxx (-4.5%) all finished lower. The Dow Jones Industrial Average (the “Dow Jones”) (+1.2%) and the S&P 500 (+2.5%) rose to four-year highs. Asian shares were mostly lower, pressured by the slowdown in China. China’s H-Shares (-10.9%) sank on weaker-than-expected housing and auto data with stocks in Singapore (-1.1%), Taiwan (-2.5%), and India (-2.3%) also lower. The Nikkei (+1.5%) managed to gain as the BOJ continued to ease in an effort to boost growth and weaken the yen. The Fund’s grains positions experienced moderate losses for the month. Directionless trading led to losses in corn and wheat while trending soybeans benefited long soybean meal positions. The Fund’s exposure to the metals sectors generated moderate losses as precious metals declined on increasingly positive sentiment surrounding the stability of the global economy. The Fund’s allocation to money market futures also produced negative results. Short-rate price movement closely mirrored the volatility seen in longer-term maturities as central banks continued to hold overnight lending rates between 0 and 25 basis points. Although targeted rates are expected to remain near zero for an extended period, the strength of the equity rally precipitated a decline in global short-rate prices, negatively impacting the Fund’s long positions.

In February, the Fund’s trading strategies generated solid returns as geopolitical and economic forces pushed energies and equities decidedly higher. Intensifying tensions with Iran over their nuclear program injected risk premium into oil markets, driving crude prices to multi-month highs. Meanwhile, a wave of hopeful economic data and the long-awaited second Greek bailout lifted stocks. U.S. unemployment fell for a fifth straight month, adding 234,000 jobs while U.S. consumer confidence posted its longest streak of gains since 1997. The Nasdaq Stock Market (the “Nasdaq”) hit 11-year highs and the Dow Jones closed above 13,000 for the first time since 2008. The BOJ revealed plans to inject 10 trillion yen into the Japanese economy in an effort to suppress deflation while the ECB sought to stabilize euro-zone banks and stimulate the economy by issuing €529.5 billion of low interest loans. CBOT corn slid sideways awaiting spring plantings, while soybeans soared on expected crop damage in Brazil. Short-term strategies enhanced overall performance with gains in currencies, stocks, metals, and energies. The Fund’s allocation to the energy sector produced significant returns in February as economic optimism, escalating Iranian tensions, and reduced refinery capacity led to robust returns for long energy positions. Extreme cold in Europe in the midst of heavy refinery maintenance drove IPE gas oil (+6.3%) to a nine-month high. New York heating oil (+6.0%), also used in home heating, was pulled higher on anticipated demand shift to the U.S. Brent crude gained 10.9%, its best month since May of 2009, while NY crude (+8.6%) reached a nine-month high. Despite poor U.S. gasoline demand, RBOB futures extended an impressive rally, gaining 5.4%, aided by permanent, unplanned, and seasonal refinery closures. Promising U.S. employment data and the Greek bailout approval lifted energies universally on hopes of economic growth. The Fund experienced positive results in global equity markets as stocks rose on continued economic improvement. While Europe worked its way towards the second bailout of Greece, equity markets across the continent were higher as fears of an imminent euro-zone collapse subsided. The ECB eased monetary policy significantly in an effort to support markets, stepping away from its traditional mandate of inflation stability. Markets responded with the CAC40 (+4.5%), FTSE (+3.7%) and DAX (+6.0%) all finishing the month higher. Only the Greek index finished lower with a 9.1% loss. Investor optimism drove up markets across Asia with the Nikkei (+10.2%) climbing sharply as the yen fell. Improvements in the outlook for exports also boosted shares in Hong Kong (+6.6%), Korea (+3.5%) and Taiwan (+7.6%). The U.S. markets rose as unemployment fell to 8.3%, jobless claims hit a four-year low, and modest growth was seen in manufacturing and housing. The S&P 500 (+4.3%) is off to its best start in 21 years. The Fund’s allocation to currencies generated moderate losses due to the sharp reversal in the Japanese yen. The U.S. dollar was

41

weaker against most global currencies as the Fed reiterated its highly accommodative stance in spite of improving economic conditions. The BOJ, which has struggled with deflation for more than a decade, announced it would target a 1% annual inflation rate, adding 10 trillion yen to the economy in the process. Traders took the news seriously and sent the yen (-6.2%) to a seven-month low. The euro (+1.9%) strengthened against the U.S. dollar as fears over a Greek debt disaster abated and expectations rose for increased lending activity. The Swiss franc (+1.8%) and British pound (+1.1%) also gained while better-than-expected economic data in Australia drove the AUD/USD rate to a six-month high (1.0795 $/AUD). South American currencies continued to climb with the Mexican peso (+1.4%), Colombian peso (+2.4%), and the Brazilian real (+1.7%) all gaining. The Fund’s bond portfolio produced negative results in February. U.S. bond prices retreated slightly from January highs as positive economic data continued to foster the strongest equity rally in two decades. U.S. unemployment dropped to 8.3%, returning to a level not seen since February 2009. U.S. 10-year notes retreated on the news and ended the month down 0.8%. The ECB implemented phase two of their long term refinancing operation liquidity program on February 27^th, injecting €530 billion of short-term liquidity into the region. The 1% loan offering was taken up by 800 euro-zone banks. The monetary infusion is expected to make its way into longer-term maturities as seen by the resulting rally in Bunds and 10-year Swap Notes. The Fund’s strategies underperformed in the metals sector after bullish trends in precious metals radically corrected as Fed Chairman Bernanke quelled hopes for a third round of quantitative easing. Immediately prior to the plunge, gold and silver each hit multi-month highs as investors placed hedges against rising consumer prices and a weakening U.S. dollar. Following Mr. Bernanke’s testimony, gold (-1.7%) and silver (-6.9%) decreased significantly. Fears of reduced euro-zone base metal demand abated as leaders came to agreement on a second aid package for Greece. LME aluminum (+4.0%), assisted by record canceled warrants (orders to withdraw stockpiles), reversed early losses in the broad-based rally. Rising confidence levels on both sides of the Atlantic and falling inventories worked in tandem to elevate Comex (+2.1%) and LME copper (+2.2%).

In January, the Fund’s strategies produced mixed results as optimism toward a European debt resolution and positive economic growth indicators led investors to add risk. The U.S. dollar declined against major currencies as the “safety trade” unwound, accelerated by the Fed’s stated willingness to purchase additional bonds. Gold benefited from the dollar’s decline, posting a +10% gain, climbing solidly back above its 200-day moving average while base-metals surged on production cutbacks and anticipated Chinese demand. European Union (“EU”) negotiations with Greece, initially promising, weighed on equity markets towards month-end as leaders debated terms of a second rescue package worth 500 billion euro. NYMEX gasoline trended higher throughout the month as supply concerns intensified due to multiple refinery closures while natural gas plummeted to a 10-year low on unseasonably warm winter temperatures and overabundant supply. The Fund’s short-term strategies contributed positively to performance with gains in bonds, stocks, and metals, while the Fund’s perpetual long gold position produced significant gains for the month. The Fund’s allocation to money market futures yielded robust returns as central banks universally maintained accommodative monetary policies. In the U.S., minutes from the Federal Open Market Committee of the Fed revealed the Fed’s commitment to maintain interest rates at or near zero through 2014. The ECB, having cut rates twice in the last three months, maintained rates at a record low of 1%, citing signs of stabilization. In the United Kingdom, the Bank of England also maintained a record low benchmark of 0.5%. The Fund’s allocation to currency markets yielded negative returns as the U.S. dollar reversed its recent uptrend as global economic concerns began to subside. What had been a flight to safety in the U.S. dollar in late 2011 reversed as investors chose risk exposure and yield over conservation. The euro reached a 17-month low before recovering on perceived EU debt negotiation progress. The Australian dollar sustained its climb on relative economic outperformance, attractive interest rates, and strength in commodity prices. South American currencies, which lost significant ground in 2011, advanced considerably against the U.S. dollar. The Japanese yen rallied sharply late, closing at a three-month high, as investors flocked to the currency given the short-term U.S. interest rate outlook. The Fund’s grain positions experienced moderate losses for the month. Lingering concerns over South American corn and soybean yields drove grains to multi-week highs before surprisingly bearish U.S. Department of Agriculture (“USDA”) figures abruptly reversed trends. The highly anticipated January USDA report caused significant declines mid-month on unexpected increases in corn production and inventories, resulting in losses for the Fund’s corn positions. Wheat traded in tandem with corn, pressured by weak exports, ample supply, and favorable winter crop conditions. The Fund’s exposure to the energy sector generated positive returns, led by long gasoline and short natural gas positions. Gasoline ended up (+7.3%) for the month, while an unusually warm winter and continued supply glut pushed natural gas to $2.231/btu, a 10-year low. The Fund experienced losses in NYMEX crude oil amid a directionless trade as prices were range-bound between $98 and $103 per barrel.

For the first quarter of 2012, the most profitable market group overall was the energy sector while the greatest losses were attributable to positions in the currency sector.

OFF-BALANCE SHEET RISK

The term “off-balance sheet risk” refers to an unrecorded potential liability that, even though it does not appear on the balance sheet, may result in a future obligation or loss. The Fund trades in futures and forward contracts and is therefore a party to financial instruments with elements of off-balance sheet market and credit risk. In entering into these contracts, there exists a market risk that such contracts may be significantly influenced by conditions, such as interest rate volatility, resulting in such contracts being less valuable. If the markets should move against all of the futures interests positions of the Fund at the same

42

time, and if Superfund Capital Management was unable to offset such positions, the Fund could experience substantial losses. Superfund Capital Management attempts to minimize market risk through real-time monitoring of open positions, diversification of the portfolio and maintenance of a margin-to-equity ratio in all but extreme instances not greater than 50%.

In addition to market risk, in entering into futures and forward contracts, there is a credit risk that a counterparty will not be able to meet its obligations to the Fund. The counterparty for futures contracts traded in the U.S. and on most foreign exchanges is the clearinghouse associated with such exchange. In general, clearinghouses are backed by the corporate members of the clearinghouse who are required to share any financial burden resulting from the non-performance by one of their members and, as such, should significantly reduce this credit risk. In cases where the clearinghouse is not backed by the clearing members, like some foreign exchanges, it is normally backed by a consortium of banks or other financial institutions.

OFF-BALANCE SHEET ARRANGEMENTS

The Fund does not engage in off-balance sheet arrangements.

CONTRACTUAL OBLIGATIONS

The Fund does not enter into contractual obligations or commercial commitments to make future payments of a type that would be typical for an operating company. The Fund’s sole business is trading futures, currency, forward and certain swap contracts, both long (contracts to buy) and short (contracts to sell). All such contracts are settled by offset, not delivery. Substantially all such contracts are for settlement within four months of the trade date and substantially all such contracts are held by the Fund for less than four months before being offset or rolled over into new contracts with similar maturities. The Financial Statements of Series A and Series B each present a Condensed Schedule of Investments setting forth net unrealized appreciation (depreciation) of such Series’ open forward contracts as well as the fair value of the futures contracts purchased and sold by each Series at March 31, 2013 and December 31, 2012.

CRITICAL ACCOUNTING POLICIES – VALUATION OF THE FUND’S POSITIONS

Superfund Capital Management believes that the accounting policies that will be most critical to the Fund’s financial condition and results of operations relate to the valuation of the Fund’s positions. The Fund uses the amortized cost method for valuing U.S. Treasury Bills. Superfund Capital Management believes the cost of securities plus accreted discount, or minus amortized premium, approximates fair value. The majority of the Fund’s positions will be exchange-traded futures contracts, which will be valued daily at settlement prices published by the exchanges. Any spot and forward foreign currency or swap contracts held by the Fund will also be valued at published daily settlement prices or at dealers’ quotes. Thus, Superfund Capital Management expects that under normal circumstances substantially all of the Fund’s assets will be valued on a daily basis using objective measures.

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

ASU 2011-11

In December 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-11, Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”). ASU 2011-11 requires disclosures to make financial statements that are prepared under U.S. GAAP more comparable to those prepared under International Financial Reporting Standards (“IFRS”). The new disclosure requirements mandate that entities disclose both gross and net information about instruments and transactions eligible for offset in the statement of assets and liabilities as well as instruments and transactions subject to an agreement similar to a master netting arrangement. In addition, ASU 2011-11 requires disclosure of collateral received and posted in connection with master netting agreements or similar arrangements.

In January 2013, the FASB issued guidance to clarify the scope of disclosures about offsetting assets and liabilities. The amendments clarify that the scope of guidance issued in December 2011 to enhance disclosures around financial instrument and derivative instruments that are either (a) offset, or (b) subject to a master netting agreement or similar agreement, irrespective of whether they are offset, applies to derivatives, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset or subject to an enforceable master netting arrangement or similar agreement. The amendments are effective for interim and annual periods beginning on or after January 1, 2013. Adoption did not have a material impact on the Funds’ financial statements.

43

ASU 2011-04

In May 2011, FASB issued ASU No. 2011-04, Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. ASU 2011-04 includes common requirements for measurement of and disclosure about fair value between U.S. GAAP and IFRS. ASU 2011-04 will require reporting entities to disclose the following information for fair value measurements categorized within Level 3 of the fair value hierarchy: quantitative information about the unobservable inputs used in the fair value measurement, the valuation processes used by the reporting entity and a narrative description of the sensitivity of the fair value measurement to changes in unobservable inputs and the interrelationships between those unobservable inputs. In addition, ASU 2011-04 will require reporting entities to make disclosures about amounts and reasons for all transfers in and out of Level 1 and Level 2 fair value measurements. The new and revised disclosures are effective for interim and annual reporting periods beginning after December 15, 2011. The Fund adopted ASU 2011-04 as of January 1, 2012. The adoption of the provisions of ASU 2011-04 has not had a material impact on the Fund’s financial statement disclosures.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not required.

ITEM 4. CONTROLS AND PROCEDURES

Superfund Capital Management, the Fund’s general partner, with the participation of Superfund Capital Management’s principal executive officer and principal financial officer, has evaluated the effectiveness of the design and operation of its disclosure controls and procedures with respect to each Series individually, as well as the Fund as a whole, as of the end of the period covered by this quarterly report, and, based on their evaluation, have concluded that these disclosure controls and procedures are effective. There were no formal changes in Superfund Capital Management’s internal controls over financial reporting during the quarter ended March 31, 2013 that have materially affected, or are reasonably likely to materially affect, Superfund Capital Management’s internal control over financial reporting with respect to each Series individually, as well as the Fund as a whole.

The Rule 13a-14(a)/15d-14(a) certifications of the principal executive officer and the principal financial officer included as Exhibits 31.1 and 31.2, respectively, are certifying as to each Series individually, as well as the Fund as a whole.

PART II—OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Superfund Capital Management is not aware of any pending legal proceedings to which either the Fund is a party or to which any of its assets are subject. The Fund has no subsidiaries.

ITEM 1A. RISK FACTORS

Not required.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

(a) There were no sales of unregistered securities during the quarter ended March 31, 2013.

(b) Pursuant to the Fund’s Sixth Amended and Restated Limited Partnership Agreement, investors may redeem their Units at the end of each calendar month at the then current month-end Net Asset Value per Unit. The redemption of Units has no impact on the value of Units that remain outstanding, and Units are not reissued once redeemed.

The following tables summarize the redemptions by investors during the three months ended March 31, 2013:

Series A:

Month	Units Redeemed		NAV per Unit ($)
January 31, 2013		761.252		1,170.72
February 28, 2013		332.238		1,182.75
March 31, 2013		301.672		1,203.82
		1,395.162

44

Series B:

Month	Units Redeemed		NAV per Unit ($)
January 31, 2013		747.291		1,206.91
February 28, 2013		550.655		1,230.76
March 31, 2013		418.425		1,261.83
		1,716.371

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

Not applicable.

ITEM 4. MINE SAFETY DISCLOSURE

Not applicable.

ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS

The following exhibits are included herewith:

31.1	Rule 13a-14(a)/15d-14(a) Certification of Principal Executive Officer
31.2	Rule 13a-14(a)/15d-14(a) Certification of Principal Financial Officer
32.1	Section 1350 Certification of Principal Executive Officer
32.2	Section 1350 Certification of Principal Financial Officer
101.INS*	XBRL Instance Document
101.SCH*	XBRL Taxonomy Extension Schema Document
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*	XBRL Taxonomy Extension Labe Linkbase Document
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase Document

* XBRL information is furnished and not filed for purposes of Sections 11 and 12 of the Securities Act of 1933 and Section 18 of the Securities Exchange Act of 1934, and is not subject to liability under those sections, is not part of any registration statement or prospectus to which it relates and is not incorporated or deemed to be incorporated by reference into any registration statement, prospectus or other document.

45

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: May 15, 2013	SUPERFUND GREEN, L.P.                 (Registrant)
	By:	Superfund Capital Management, Inc.
		General Partner
	By:	/s/ Nigel James
		Nigel James
		President and Principal Executive Officer
	By:	/s/ Martin Schneider
		Martin Schneider
		Vice President and Principal Financial Officer

46

EXHIBIT INDEX

Exhibit Number	Description of Document	Page Number
31.1	Rule 13a-14(a)/15d-14(a) Certification of Principal Executive Officer		E-2
31.2	Rule 13a-14(a)/15d-14(a) Certification of Principal Financial Officer		E-3
32.1	Section 1350 Certification of Principal Executive Officer		E-4
32.2	Section 1350 Certification of Principal Financial Officer		E-5

E-1

EX-31.1

Exhibit 31.1

RULE 13a-14(a)/15d-14(a)

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

I, Nigel James, certify that:

1. I have reviewed this report on Form 10-Q for the period ending March 31, 2013, of Superfund Green, L.P.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 15, 2013	By:	/s/ Nigel James
		Nigel James
		President and Principal Executive Officer

E-2

EX-31.2

Exhibit 31.2

RULE 13a-14(a)/15d-14(a)

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

I, Martin Schneider, certify that:

1. I have reviewed this report on Form 10-Q for the period ending March 31, 2013, of Superfund Green, L.P.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 15, 2013	By:	/s/ Martin Schneider
		Martin Schneider
		Vice President and Principal Financial Officer

E-3

EX-32.1

Exhibit 32.1

SECTION 1350 CERTIFICATION

OF PRINCIPAL EXECUTIVE OFFICER

In connection with the report on Form 10-Q for the period ending March 31, 2013 (the “Report”), I, Nigel James, President and Principal Executive Officer of Superfund Capital Management, Inc., the general partner of Superfund Green, L.P. (the “Fund”), certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Fund.

Date: May 15, 2013	By:	/s/ Nigel James
		Nigel James
		President and Principal Executive Officer

E-4

EX-32.2

Exhibit 32.2

SECTION 1350 CERTIFICATION

OF PRINCIPAL FINANCIAL OFFICER

In connection with the report on Form 10-Q for the period ending March 31, 2013 (the “Report”), I, Martin Schneider, Vice President and Principal Financial Officer of Superfund Capital Management, Inc., the general partner of Superfund Green, L.P. (the “Fund”), certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Fund.

Date: May 15, 2013	By:	/s/ Martin Schneider
		Martin Schneider
		Vice President and Principal Financial Officer

E-5

XML

Financial Highlights (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013		Mar. 31, 2012
Financial Highlights [Line Items]
Incentive fees	25.00%
SERIES A
Financial Highlights [Line Items]
Total return before incentive fees	6.50%	[1]	(7.10%)	[1]
Incentive fees	0.00%		0.00%
Total return after incentive fees	6.50%		(7.10%)
Operating expenses before incentive fees	2.40%	[2]	2.10%	[2]
Incentive fees	0.00%	[2]	0.00%	[2]
Total expenses	2.40%	[2]	2.10%	[2]
Net investment loss	(2.30%)	[2]	(2.10%)	[2]
Net asset value per unit, beginning of period	$ 1,130.49		$ 1,306.48
Net investment loss	$ (27.52)		$ (27.48)
Net gain on investments	$ 100.85		$ (64.98)
Net asset value per unit, end of period	$ 1,203.82		$ 1,214.02
Net increase (decrease) in net assets from operations per Unit (based upon weighted average number of Units during period)	$ 74.73		$ (90.27)
Net increase (decrease) in net assets from operations per Unit (based upon change in net asset value per Unit)	$ 73.33		$ (92.46)
SERIES B
Financial Highlights [Line Items]
Total return before incentive fees	10.80%	[1]	(8.90%)	[1]
Incentive fees	0.00%		0.00%
Total return after incentive fees	10.80%		(8.90%)
Operating expenses before incentive fees	2.60%	[2]	2.30%	[2]
Incentive fees	0.00%	[2]	0.00%	[2]
Total expenses	2.60%	[2]	2.30%	[2]
Net investment loss	(2.60%)	[2]	(2.30%)	[2]
Net asset value per unit, beginning of period	$ 1,138.65		$ 1,391.44
Net investment loss	$ (31.69)		$ (31.38)
Net gain on investments	$ 154.87		$ (92.09)
Net asset value per unit, end of period	$ 1,261.83		$ 1,267.97
Net increase (decrease) in net assets from operations per Unit (based upon weighted average number of Units during period)	$ 125.97		$ (121.61)
Net increase (decrease) in net assets from operations per Unit (based upon change in net asset value per Unit)	$ 123.18		$ (123.47)

[1] Total return is calculated for each Series of the Fund taken as a whole. An individual's return may vary from these returns based on the timing of capital transactions.

[2] Annualized for periods less than a year.

XML

Basis of Presentation and Significant Accounting Policies - Additional Information (Detail) (USD $)	Mar. 31, 2013
ADM Investor Services, Inc.
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Margin on deposit	$ 7,243,828
Barclays Capital Inc.
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Margin on deposit	7,690,060
SERIES A | ADM Investor Services, Inc.
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Margin on deposit	2,784,904
SERIES A | Barclays Capital Inc.
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Margin on deposit	3,216,627
SERIES B | ADM Investor Services, Inc.
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Margin on deposit	4,458,924
SERIES B | Barclays Capital Inc.
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Margin on deposit	$ 4,473,433

XML

Disclosure of derivative instruments and hedging activities

3 Months Ended

Mar. 31, 2013

Disclosure of derivative instruments and hedging activities

4. Disclosure of derivative instruments and hedging activities

The Fund follows ASC 815, Disclosures about Derivative Instruments and Hedging Activities (“ASC 815”). ASC 815 is intended to improve financial reporting for derivative instruments by requiring enhanced disclosure that enables investors to understand how and why an entity uses derivatives, how derivatives are accounted for, and how derivative instruments affect an entity’s results of operations and financial position.

Derivative instruments held by the Fund do not qualify as derivative instruments held as hedging instruments, as defined in ASC 815. Instead, the Fund includes derivative instruments in its trading activity. Per the requirements of ASC 815, the Fund discloses the gains and losses on its trading activities for both derivative and nonderivative instruments in the Statement of Operations.

The Fund engages in the speculative trading of forward contracts in currency and futures contracts in a wide range of commodities, including equity markets, interest rates, food and fiber, energy, livestock, and metals. ASC 815 requires entities to recognize all derivatives instruments as either assets or liabilities at fair value in the statement of financial position. Investments in forward contracts and commodity futures contracts are recorded in the Statements of Assets and Liabilities as “unrealized appreciation or depreciation on open forward contracts and futures contracts purchased and futures contracts sold.” Since the derivatives held or sold by the Fund are for speculative trading purposes, the derivative instruments are not designated as hedging instruments under the provisions of ASC 815. Accordingly, all realized gains and losses, as well as any change in net unrealized gains or losses on open positions from the preceding period, are recognized as part of the Fund’s realized and unrealized gain (loss) on investments in the Statements of Operations.

Superfund Capital Management believes futures and forward trading activity expressed as a percentage of net assets is indicative of trading activity. Information concerning the fair value of the Fund’s derivatives held long or sold short, as well as information related to the annual average volume of the Fund’s derivative activity, is as follows:

Superfund Green, L.P.

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of March 31, 2013, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at March 31, 2013		Liability Derivatives at March 31, 2013			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	119,657	$	—		$	119,657
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(47,753	)		(47,753	)
Futures contracts	Futures contracts purchased		1,190,538		(1,021,882	)		168,656
Futures contracts	Futures contracts sold		1,361,906		(334,672	)		1,027,234
Totals		$	2,672,101	$	(1,404,307	)	$	1,267,794

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2012, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at December 31, 2012		Liability Derivatives at December 31, 2012			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	299,598	$	—		$	299,598
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(176,689	)		(176,689	)
Futures contracts	Futures contracts purchased		906,553		—			906,553
Futures contracts	Futures contracts sold		314,602		—			314,602
Totals		$	1,520,753	$	(176,689	)	$	1,344,064

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2013:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized loss on futures and forward contracts	$	(324,985	)	$	(51,005	)
Futures contracts	Realized and unrealized gain (loss) on futures and forward contracts		4,197,625			(25,265	)
Total		$	3,872,640		$	(76,270	)

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2012:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized gain (loss) on futures and forward contracts	$	92,368		$	(270,134	)
Futures contracts	Realized and unrealized loss on futures and forward contracts		(2,222,282	)		(1,046,727	)
Total		$	(2,129,914	)	$	(1,316,861	)

Superfund Green, L.P. gross and net unrealized gains and losses by long and short positions as of March 31, 2013 and December 31, 2012:

	As of March 31, 2013
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	9,383		0.0	*	$	(35,983	)		(0.1	)	$	110,274		0.3		$	(11,770	)		(0.1	)	$	71,904
Currency		49,323		0.1			(16,000	)		(0.0	)*		8,088		0.0	*		(43,019	)		(0.1	)		(1,608	)
Financial		539,882		1.6			(41,290	)		(0.1	)		—		—			(20,012	)		(0.1	)		478,580
Food & Fiber		2,375		0.0	*		(311,413	)		(0.9	)		67,552		0.2			—			—			(241,486	)
Indices		133,264		0.4			(169,373	)		(0.5	)		811		0.0	*		(18,329	)		(0.1	)		(53,627	)
Metals		695		0.0	*		(481,286	)		(1.4	)		1,183,572		3.5			—			—			702,981
Energy		465,001		1.4			(2,522	)		(0.0	)*		72,564		0.2			(243,483	)		(0.7	)		291,560
Livestock		—		—			—			—			29,320		0.1			(9,830	)		(0.0	)*		19,490
Totals	$	1,199,923		3.5		$	(1,057,867	)		(3.0	)	$	1,472,181		4.3		$	(346,443	)		(1.1	)	$	1,267,794

* Due to rounding

	As of December 31, 2012
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gain (Loss) on Open Positions
Foreign Exchange	$	299,300		0.9		$	(27,564	)		(0.1	)	$	298		0.0	*	$	(149,125	)		(0.4	)	$	122,909
Currency		148,788		0.4			(153,200	)		(0.4	)		305,562		0.9			(5,217	)		(0.0	)*		295,933
Financial		282,169		0.8			(35,118	)		(0.1	)		2,470		0.0	*		(13,501	)		(0.0	)*		236,020
Food & Fiber		1,350		0.0	*		(110	)		(0.0	)*		198,242		0.6			(2,910	)		(0.0	)*		196,572
Indices		515,158		1.5			(177,776	)		(0.5	)		—		—			(1,007	)		(0.0	)*		336,375
Metals		201,333		0.6			(56,090	)		(0.2	)		305,050		0.9			(743,794	)		(2.2	)		(293,501	)
Energy		180,319		0.5			(270	)		(0.0	)*		491,317		1.4			(221,610	)		(0.6	)		449,756
Totals	$	1,628,417		4.7		$	(450,128	)		(1.3	)	$	1,302,939		3.8		$	(1,137,164	)		(3.3	)	$	1,344,064

* Due to rounding

Superfund Green, L.P. average* contract volume by market sector for the three months ended March 31, 2013:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		111		181	$	658,683	$	587,597
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		706		567
Financial		6,119		276
Food & Fiber		308		485
Indices		2,127		90
Metals		1,328		541
Energy		724		743
Livestock		—		203
Total		11,423		3,086

* Based on quarterly holdings

Superfund Green, L.P. average* contract volume by market sector for the three months ended March 31, 2012:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		160		99	$	1,294,358	$	1,174,224
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		1,608		929
Financial		3,476		636
Food & Fiber		321		382
Indices		1,461		712
Metals		1,361		266
Energy		72		239
Livestock		936		276
Total		9,395		3,539

* Based on quarterly holdings

Superfund Green, L.P. trading results by market sector:

	For the Three Months Ended March 31, 2013
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains  (Losses)
Foreign Exchange	$	(324,985	)	$	(51,005	)	$	(375,990	)
Currency		82,174			(297,541	)		(215,367	)
Financial		(104,285	)		242,560			138,275
Food & Fiber		(57,948	)		(438,058	)		(496,006	)
Indices		2,708,023			(390,002	)		2,318,021
Metals		856,480			996,482			1,852,962
Livestock		262,170			19,490			281,660
Energy		451,011			(158,196	)		292,815
Total net trading gains	$	3,872,640		$	(76,270	)	$	3,796,370

	For the Three Months Ended March 31, 2012
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains  (Losses)
Foreign Exchange	$	92,368		$	(270,134	)	$	(177,766	)
Currency		(2,199,877	)		(429,495	)		(2,629,372	)
Financial		(1,539,652	)		75,807			(1,463,845	)
Food & Fiber		(978,538	)		(363,905	)		(1,342,443	)
Indices		(182,180	)		109,142			(73,038	)
Metals		(140,169	)		(626,246	)		(766,415	)
Livestock		(128,284	)		441,200			312,916
Energy		2,946,418			(253,230	)		2,693,188
Total net trading losses	$	(2,129,914	)	$	(1,316,861	)	$	(3,446,775	)

Superfund Green, L.P.—Series A

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of March 31, 2013, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at March 31, 2013		Liability Derivatives at March 31, 2013			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	40,505	$	—		$	40,505
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(15,746	)		(15,746	)
Futures contracts	Futures contracts purchased		439,476		(381,741	)		57,735
Futures contracts	Futures contracts sold		526,643		(127,120	)		399,523
Totals		$	1,006,624	$	(524,607	)	$	482,017

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2012, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at December 31, 2012		Liability Derivatives at December 31, 2012			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	89,246	$	—		$	89,246
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(62,254	)		(62,254	)
Futures contracts	Futures contracts purchased		309,618		—			309,618
Futures contracts	Futures contracts sold		123,836		—			123,836
Totals		$	522,700	$	(62,254	)	$	460,446

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2013:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized  Appreciation (Depreciation) on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized loss on futures and forward contracts	$	(152,496	)	$	(2,233	)
Futures contracts	Realized and unrealized gain on futures and forward contracts		1,566,567			23,804
Total		$	1,414,071		$	21,571

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2012:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized gain (loss) on futures and forward contracts	$	27,182		$	(92,672	)
Futures contracts	Realized and unrealized loss on futures and forward contracts		(939,635	)		(414,366	)
Total		$	(912,453	)	$	(507,038	)

Superfund Green, L.P. – Series A gross and net unrealized gains and losses by long and short positions as of March 31, 2013 and December 31, 2012:

	As of March 31, 2013
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	1,939		0.1		$	(11,582	)		(0.1	)	$	38,566		0.2		$	(4,164	)		(0.0	)*	$	24,759
Currency		18,517		0.1			(6,000	)		(0.0	)*		3,319		0.0	*		(17,795	)		(0.1	)		(1,959	)
Financial		206,333		1.3			(15,531	)		(0.1	)		—		—			(7,636	)		(0.0	)*		183,166
Food & Fiber		1,050		0.0	*		(116,825	)		(0.7	)		23,614		0.1			—			—			(92,161	)
Indices		48,808		0.3			(56,630	)		(0.3	)		411		0.0	*		(5,308	)		(0.0	)*		(12,719	)
Metals		162		0.0	*		(186,192	)		(1.2	)		462,463		2.9			—			—			276,433
Energy		164,606		1.0			(563	)		(0.0	)*		30,346		0.2			(92,421	)		(0.6	)		101,968
Livestock		—		—			—			—			6,490		0.0	*		(3,960	)		(0.0	)*		2,530
Totals	$	441,415		2.8		$	(393,323	)		(2.4	)	$	565,209		3.4		$	(131,284	)		(0.7	)	$	482,017

* Due to rounding

	As of December 31, 2012
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	89,181		0.5		$	(9,816	)		(0.1	)	$	65		0.0	*	$	(52,438	)		(0.3	)	$	26,992
Currency		59,819		0.4			(62,740	)		(0.4	)		112,612		0.7			(2,103	)		(0.0	)*		107,588
Financial		113,718		0.7			(15,228	)		(0.1	)		1,185		0.0	*		(5,322	)		(0.0	)*		94,353
Food & Fiber		915		0.0	*		—			—			71,348		0.4			(1,248	)		(0.0	)*		71,015
Indices		176,408		1.1			(70,011	)		(0.4	)		—		—			(428	)		(0.0	)*		105,969
Metals		69,944		0.4			(22,498	)		(0.1	)		122,925		0.7			(287,400	)		(1.7	)		(117,029	)
Energy		59,561		0.4			(270	)		(0.0	)*		187,282		1.2			(75,015	)		(0.5	)		171,558
Totals	$	569,546		3.4		$	(180,563	)		(1.1	)	$	495,417		3.0		$	(423,954	)		(2.5	)	$	460,446

* Due to rounding

Series A average* contract volume by market sector for the three months ended March 31, 2013:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		52		80	$	233,722	$	224,682
	Average Number of Long Contracts		Average Number of  Short Contracts
Currency		273		216
Financial		2,380		108
Food & Fiber		115		188
Indices		796		34
Metals		524		211
Energy		277		281
Livestock		—		79
Total		4,417		1,197

* Based on quarterly holdings

Series A average* contract volume by market sector for the three months ended March 31, 2012:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		75		47	$	474,513	$	429,754
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		659		383
Financial		1,397		240
Food & Fiber		130		152
Indices		579		288
Metals		554		103
Livestock		29		94
Energy		380		110
Totals		3,803		1,417

* Based on quarterly holdings

Series A trading results by market sector:

	For the Three Months Ended March 31, 2013
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	(152,496	)	$	(2,233	)	$	(154,729	)
Currency		31,594			(109,547	)		(77,953	)
Financial		(48,161	)		88,813			40,652
Food & Fiber		(17,156	)		(163,176	)		(180,332	)
Indices		984,240			(118,688	)		865,552
Metals		314,072			393,462			707,534
Livestock		106,110			2,530			108,640
Energy		195,868			(69,590	)		126,278
Total net trading gains	$	1,414,071		$	21,571		$	1,435,642

	For the Three Months Ended March 31, 2012
	Net Realized Gain (Losses)			Change in  Net Unrealized Gain (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	27,182		$	(92,672	)	$	(65,490	)
Currency		(923,845	)		(162,007	)		(1,085,852	)
Financial		(623,614	)		35,406			(588,208	)
Food & Fiber		(394,315	)		(155,701	)		(550,016	)
Indices		(59,412	)		26,539			(32,873	)
Metals		(70,445	)		(230,431	)		(300,876	)
Livestock		(50,524	)		169,510			118,986
Energy		1,182,520			(97,682	)		1,084,838
Total net trading losses	$	(912,453	)	$	(507,038	)	$	(1,419,491	)

Superfund Green, L.P.—Series B

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of March 31, 2013, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at March 31, 2013		Liability Derivatives at March 31, 2013			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	79,152	$	—		$	79,152
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(32,007	)		(32,007	)
Futures contracts	Futures contracts purchased		751,062		(640,141	)		110,921
Futures contracts	Futures contracts sold		835,263		(207,552	)		627,711
Totals		$	1,665,477	$	(879,700	)	$	785,777

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2012, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at December 31, 2012		Liability Derivatives at December  31, 2012			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	210,352	$	—		$	210,352
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(114,435	)		(114,435	)
Futures contracts	Futures contracts purchased		596,935		—			596,935
Futures contracts	Futures contracts sold		190,766		—			190,766
Totals		$	998,053	$	(114,435	)	$	883,618

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2013:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized loss on futures and forward contracts	$	(172,489	)	$	(48,772	)
Futures contracts	Realized and unrealized gain (loss) on futures and forward contracts		2,631,058			(49,069	)
Total		$	2,458,569		$	(97,841	)

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2012:

Derivatives Not Accounted for as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized  Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Net realized and unrealized gain (loss) on futures and forward contracts	$	65,186		$	(177,462	)
Futures contracts	Net realized and unrealized loss on futures and forward contracts		(1,282,647	)		(632,361	)
Total		$	(1,217,461	)	$	(809,823	)

Superfund Green, L.P. – Series B gross and net unrealized gains and losses by long and short positions as of March 31, 2013 and December 30, 2012:

	As of March 31, 2013
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	7,444		0.0	*	$	(24,401	)		(0.1	)	$	71,708		0.4		$	(7,606	)		(0.0	)*	$	47,145
Currency		30,806		0.2			(10,000	)		(0.1	)		4,769		0.0	*		(25,224	)		(0.1	)		351
Financial		333,549		1.9			(25,759	)		(0.1	)		—		—			(12,376	)		(0.1	)		295,414
Food & Fiber		1,325		0.0	*		(194,588	)		(1.1	)		43,938		0.2			—			—			(149,325	)
Indices		84,456		0.4			(112,743	)		(0.6	)		400		0.0	*		(13,021	)		(0.1	)		(40,908	)
Metals		533		0.0	*		(295,094	)		(1.7	)		721,109		4.1			—			—			426,548
Energy		300,395		1.7			(1,959	)		(0.0	)*		42,218		0.2			(151,062	)		(0.8	)		189,592
Livestock		—		—			—			—			22,830		0.1			(5,870	)		(0.0	)*		16,960
Totals	$	758,508		4.2		$	(664,544	)		(3.7	)	$	906,972		5.0		$	(215,159	)		(1.1	)	$	785,777

* Due to rounding

	As of December 31, 2012
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	210,119		1.2		$	(17,748	)		(0.1	)	$	233		0.0	*	$	(96,687	)		(0.5	)	$	95,917
Currency		88,969		0.5			(90,460	)		(0.5	)		192,950		1.1			(3,114	)		(0.0	)*		188,345
Financial		168,451		0.9			(19,890	)		(0.1	)		1,285		0.0	*		(8,179	)		(0.0	)*		141,667
Food & Fiber		435		0.0	*		(110	)		(0.0	)*		126,894		0.7			(1,662	)		(0.0	)*		125,557
Indices		338,750		1.9			(107,765	)		(0.6	)		—		—			(579	)		(0.0	)*		230,406
Metals		131,389		0.7			(33,592	)		(0.2	)		182,125		1.0			(456,394	)		(2.5	)		(176,472	)
Energy		120,758		0.7			—			—			304,035		1.7			(146,595	)		(0.9	)		278,198
Totals	$	1,058,871		5.9		$	(269,565	)		(1.5	)	$	807,522		4.5		$	(713,210	)		(3.9	)	$	883,618

* Due to rounding

Series B average* contract volume by market sector for the three months ended March 31, 2013:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		59		101	$	424,961	$	362,915
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		433		351
Financial		3,739		168
Food & Fiber		193		297
Indices		1,331		56
Metals		804		330
Energy		447		462
Livestock		—		124
Total		7,006		1,889

* Based on quarterly holdings

Series B average* contract volume by market sector for the three months ended March 31, 2012:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		85		52	$	819,845	$	744,470
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		949		546
Financial		2,079		396
Food & Fiber		191		230
Indices		882		424
Metals		807		163
Livestock		43		145
Energy		556		166
Totals		5,592		2,122

* Based on quarterly holdings

The Fund’s trading results by market sector:

	For the Three Months Ended March 31, 2013
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	(172,489	)	$	(48,772	)	$	(221,261	)
Currency		50,580			(187,994	)		(137,414	)
Financial		(56,124	)		153,747			97,623
Food & Fiber		(40,792	)		(274,882	)		(315,674	)
Indices		1,723,783			(271,314	)		1,452,469
Metals		542,408			603,020			1,145,428
Livestock		156,060			16,960			173,020
Energy		255,143			(88,606	)		166,537
Total net trading gains (losses)	$	2,458,569		$	(97,841	)	$	2,360,728

	For the Three Months Ended March 31, 2012
	Net Realized Gains (Losses)			Change in Net Unrealized Gains (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	65,186		$	(177,462	)	$	(112,276	)
Currency		(1,276,032	)		(267,488	)		(1,543,520	)
Financial		(916,038	)		40,401			(875,637	)
Food & Fiber		(584,223	)		(208,204	)		(792,427	)
Indices		(122,768	)		82,603			(40,165	)
Metals		(69,724	)		(395,815	)		(465,539	)
Livestock		(77,760	)		271,690			193,930
Energy		1,763,898			(155,548	)		1,608,350
Total net trading losses	$	(1,217,461	)	$	(809,823	)	$	(2,027,284	)

XML

Gross and Net Unrealized Gains and Losses by Long and Short Positions (Detail) (USD $)	Mar. 31, 2013		Dec. 31, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	$ 1,267,794		$ 1,344,064
Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	71,904		122,909
Currency
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	(1,608)		295,933
Financial
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	478,580		236,020
Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	(241,486)		196,572
Indices
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	(53,627)		336,375
Metals
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	702,981		(293,501)
Energy
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	291,560		449,756
Livestock
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	19,490
SERIES A
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	482,017		460,446
SERIES A | Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	24,759		26,992
SERIES A | Currency
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	(1,959)		107,588
SERIES A | Financial
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	183,166		94,353
SERIES A | Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	(92,161)		71,015
SERIES A | Indices
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	(12,719)		105,969
SERIES A | Metals
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	276,433		(117,029)
SERIES A | Energy
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	101,968		171,558
SERIES A | Livestock
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	2,530
SERIES B
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	785,777		883,618
SERIES B | Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	47,145		95,917
SERIES B | Currency
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	351		188,345
SERIES B | Financial
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	295,414		141,667
SERIES B | Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	(149,325)		125,557
SERIES B | Indices
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	(40,908)		230,406
SERIES B | Metals
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	426,548		(176,472)
SERIES B | Energy
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	189,592		278,198
SERIES B | Livestock
Derivative Instruments, Gain (Loss) [Line Items]
Net Unrealized Gain (Loss) on Open Positions	16,960
Long Position
Derivative Instruments, Gain (Loss) [Line Items]
Gains	1,199,923		1,628,417
Gains percentage of net assets	3.50%		4.70%
Losses	(1,057,867)		(450,128)
Loss percentage of net assets	(3.00%)		(1.30%)
Long Position | Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Gains	9,383		299,300
Gains percentage of net assets	0.00%	[1]	0.90%
Losses	(35,983)		(27,564)
Loss percentage of net assets	(0.10%)		(0.10%)
Long Position | Currency
Derivative Instruments, Gain (Loss) [Line Items]
Gains	49,323		148,788
Gains percentage of net assets	0.10%		0.40%
Losses	(16,000)		(153,200)
Loss percentage of net assets	0.00%	[1]	(0.40%)
Long Position | Financial
Derivative Instruments, Gain (Loss) [Line Items]
Gains	539,882		282,169
Gains percentage of net assets	1.60%		0.80%
Losses	(41,290)		(35,118)
Loss percentage of net assets	(0.10%)		(0.10%)
Long Position | Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Gains	2,375		1,350
Gains percentage of net assets	0.00%	[1]	0.00%	[1]
Losses	(311,413)		(110)
Loss percentage of net assets	(0.90%)
Long Position | Indices
Derivative Instruments, Gain (Loss) [Line Items]
Gains	133,264		515,158
Gains percentage of net assets	0.40%		1.50%
Losses	(169,373)		(177,776)
Loss percentage of net assets	(0.50%)		(0.50%)
Long Position | Metals
Derivative Instruments, Gain (Loss) [Line Items]
Gains	695		201,333
Gains percentage of net assets	0.00%	[1]	0.60%
Losses	(481,286)		(56,090)
Loss percentage of net assets	(1.40%)		(0.20%)
Long Position | Energy
Derivative Instruments, Gain (Loss) [Line Items]
Gains	465,001		180,319
Gains percentage of net assets	1.40%		0.50%
Losses	(2,522)		(270)
Loss percentage of net assets	0.00%	[1]	0.00%	[1]
Long Position | SERIES A
Derivative Instruments, Gain (Loss) [Line Items]
Gains	441,415		569,546
Gains percentage of net assets	2.80%		3.40%
Losses	(393,323)		(180,563)
Loss percentage of net assets	(2.40%)		(1.10%)
Long Position | SERIES A | Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Gains	1,939		89,181
Gains percentage of net assets	0.10%	[1]	0.50%
Losses	(11,582)		(9,816)
Loss percentage of net assets	(0.10%)		(0.10%)
Long Position | SERIES A | Currency
Derivative Instruments, Gain (Loss) [Line Items]
Gains	18,517		59,819
Gains percentage of net assets	0.10%		0.40%
Losses	(6,000)		(62,740)
Loss percentage of net assets	0.00%	[1]	(0.40%)
Long Position | SERIES A | Financial
Derivative Instruments, Gain (Loss) [Line Items]
Gains	206,333		113,718
Gains percentage of net assets	1.30%		0.70%
Losses	(15,531)		(15,228)
Loss percentage of net assets	(0.10%)		(0.10%)
Long Position | SERIES A | Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Gains	1,050		915
Gains percentage of net assets	0.00%	[1]	0.00%	[1]
Losses	(116,825)
Loss percentage of net assets	(0.70%)
Long Position | SERIES A | Indices
Derivative Instruments, Gain (Loss) [Line Items]
Gains	48,808		176,408
Gains percentage of net assets	0.30%		1.10%
Losses	(56,630)		(70,011)
Loss percentage of net assets	(0.30%)		(0.40%)
Long Position | SERIES A | Metals
Derivative Instruments, Gain (Loss) [Line Items]
Gains	162		69,944
Gains percentage of net assets	0.00%	[1]	0.40%
Losses	(186,192)		(22,498)
Loss percentage of net assets	(1.20%)		(0.10%)
Long Position | SERIES A | Energy
Derivative Instruments, Gain (Loss) [Line Items]
Gains	164,606		59,561
Gains percentage of net assets	1.00%		0.40%
Losses	(563)		(270)
Loss percentage of net assets	0.00%	[1]	0.00%	[1]
Long Position | SERIES B
Derivative Instruments, Gain (Loss) [Line Items]
Gains	758,508		1,058,871
Gains percentage of net assets	4.20%		5.90%
Losses	(664,544)		(269,565)
Loss percentage of net assets	(3.70%)		(1.50%)
Long Position | SERIES B | Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Gains	7,444		210,119
Gains percentage of net assets	0.00%	[1]	1.20%
Losses	(24,401)		(17,748)
Loss percentage of net assets	(0.10%)		(0.10%)
Long Position | SERIES B | Currency
Derivative Instruments, Gain (Loss) [Line Items]
Gains	30,806		88,969
Gains percentage of net assets	0.20%		0.50%
Losses	(10,000)		(90,460)
Loss percentage of net assets	(0.10%)		(0.50%)
Long Position | SERIES B | Financial
Derivative Instruments, Gain (Loss) [Line Items]
Gains	333,549		168,451
Gains percentage of net assets	1.90%		0.90%
Losses	(25,759)		(19,890)
Loss percentage of net assets	(0.10%)		(0.10%)
Long Position | SERIES B | Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Gains	1,325		435
Gains percentage of net assets	0.00%	[1]	0.00%	[1]
Losses	(194,588)		(110)
Loss percentage of net assets	(1.10%)		0.00%	[1]
Long Position | SERIES B | Indices
Derivative Instruments, Gain (Loss) [Line Items]
Gains	84,456		338,750
Gains percentage of net assets	0.40%		1.90%
Losses	(112,743)		(107,765)
Loss percentage of net assets	(0.60%)		(0.60%)
Long Position | SERIES B | Metals
Derivative Instruments, Gain (Loss) [Line Items]
Gains	533		131,389
Gains percentage of net assets	0.00%	[1]	0.70%
Losses	(295,094)		(33,592)
Loss percentage of net assets	(1.70%)		(0.20%)
Long Position | SERIES B | Energy
Derivative Instruments, Gain (Loss) [Line Items]
Gains	300,395		120,758
Gains percentage of net assets	1.70%		0.70%
Losses	(1,959)
Loss percentage of net assets	0.00%	[1]
Short Position
Derivative Instruments, Gain (Loss) [Line Items]
Gains	1,472,181		1,302,939
Gains percentage of net assets	4.30%		3.80%
Losses	(346,443)		(1,137,164)
Loss percentage of net assets	(1.10%)		(3.30%)
Short Position | Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Gains	110,274		298
Gains percentage of net assets	0.30%		0.00%	[1]
Losses	(11,770)		(149,125)
Loss percentage of net assets	(0.10%)	[1]	(0.40%)
Short Position | Currency
Derivative Instruments, Gain (Loss) [Line Items]
Gains	8,088		305,562
Gains percentage of net assets	0.00%	[1]	0.90%
Losses	(43,019)		(5,217)
Loss percentage of net assets	(0.10%)		0.00%	[1]
Short Position | Financial
Derivative Instruments, Gain (Loss) [Line Items]
Gains			2,470
Gains percentage of net assets			0.00%	[1]
Losses	(20,012)		(13,501)
Loss percentage of net assets	(0.10%)		0.00%	[1]
Short Position | Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Gains	67,552		198,242
Gains percentage of net assets	0.20%		0.60%
Losses			(2,910)
Loss percentage of net assets			0.00%	[1]
Short Position | Indices
Derivative Instruments, Gain (Loss) [Line Items]
Gains	811
Gains percentage of net assets	0.00%	[1]
Losses	(18,329)		(1,007)
Loss percentage of net assets	(0.10%)		0.00%	[1]
Short Position | Metals
Derivative Instruments, Gain (Loss) [Line Items]
Gains	1,183,572		305,050
Gains percentage of net assets	3.50%		0.90%
Losses			(743,794)
Loss percentage of net assets			(2.20%)
Short Position | Energy
Derivative Instruments, Gain (Loss) [Line Items]
Gains	72,564		491,317
Gains percentage of net assets	0.20%		1.40%
Losses	(243,483)		(221,610)
Loss percentage of net assets	(0.70%)		(0.60%)
Short Position | Livestock
Derivative Instruments, Gain (Loss) [Line Items]
Gains	29,320
Gains percentage of net assets	0.10%
Losses	(9,830)
Loss percentage of net assets	0.00%	[1]
Short Position | SERIES A
Derivative Instruments, Gain (Loss) [Line Items]
Gains	565,209		495,417
Gains percentage of net assets	3.40%		3.00%
Losses	(131,284)		(423,954)
Loss percentage of net assets	(0.70%)		(2.50%)
Short Position | SERIES A | Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Gains	38,566		65
Gains percentage of net assets	0.20%		0.00%	[1]
Losses	(4,164)		(52,438)
Loss percentage of net assets	0.00%	[1]	(0.30%)
Short Position | SERIES A | Currency
Derivative Instruments, Gain (Loss) [Line Items]
Gains	3,319		112,612
Gains percentage of net assets	0.00%	[1]	0.70%
Losses	(17,795)		(2,103)
Loss percentage of net assets	(0.10%)		0.00%	[1]
Short Position | SERIES A | Financial
Derivative Instruments, Gain (Loss) [Line Items]
Gains			1,185
Gains percentage of net assets			0.00%	[1]
Losses	(7,636)		(5,322)
Loss percentage of net assets	0.00%	[1]	0.00%	[1]
Short Position | SERIES A | Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Gains	23,614		71,348
Gains percentage of net assets	0.10%		0.40%
Losses			(1,248)
Loss percentage of net assets			0.00%	[1]
Short Position | SERIES A | Indices
Derivative Instruments, Gain (Loss) [Line Items]
Gains	411
Gains percentage of net assets	0.00%	[1]
Losses	(5,308)		(428)
Loss percentage of net assets	0.00%	[1]	0.00%	[1]
Short Position | SERIES A | Metals
Derivative Instruments, Gain (Loss) [Line Items]
Gains	462,463		122,925
Gains percentage of net assets	2.90%		0.70%
Losses			(287,400)
Loss percentage of net assets			(1.70%)
Short Position | SERIES A | Energy
Derivative Instruments, Gain (Loss) [Line Items]
Gains	30,346		187,282
Gains percentage of net assets	0.20%		1.20%
Losses	(92,421)		(75,015)
Loss percentage of net assets	(0.60%)		(0.50%)
Short Position | SERIES A | Livestock
Derivative Instruments, Gain (Loss) [Line Items]
Gains	6,490
Gains percentage of net assets	0.00%	[1]
Losses	(3,960)
Loss percentage of net assets	0.00%	[1]
Short Position | SERIES B
Derivative Instruments, Gain (Loss) [Line Items]
Gains	906,972		807,522
Gains percentage of net assets	5.00%		4.50%
Losses	(215,159)		(713,210)
Loss percentage of net assets	(1.10%)		(3.90%)
Short Position | SERIES B | Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Gains	71,708		233
Gains percentage of net assets	0.40%		0.00%	[1]
Losses	(7,606)		(96,687)
Loss percentage of net assets	0.00%	[1]	(0.50%)
Short Position | SERIES B | Currency
Derivative Instruments, Gain (Loss) [Line Items]
Gains	4,769		192,950
Gains percentage of net assets	0.00%	[1]	1.10%
Losses	(25,224)		(3,114)
Loss percentage of net assets	(0.10%)		0.00%	[1]
Short Position | SERIES B | Financial
Derivative Instruments, Gain (Loss) [Line Items]
Gains			1,285
Gains percentage of net assets			0.00%	[1]
Losses	(12,376)		(8,179)
Loss percentage of net assets	(0.10%)		0.00%	[1]
Short Position | SERIES B | Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Gains	43,938		126,894
Gains percentage of net assets	0.20%		0.70%
Losses			(1,662)
Loss percentage of net assets			0.00%	[1]
Short Position | SERIES B | Indices
Derivative Instruments, Gain (Loss) [Line Items]
Gains	400
Gains percentage of net assets	0.00%	[1]
Losses	(13,021)		(579)
Loss percentage of net assets	(0.10%)		0.00%	[1]
Short Position | SERIES B | Metals
Derivative Instruments, Gain (Loss) [Line Items]
Gains	721,109		182,125
Gains percentage of net assets	4.10%		1.00%
Losses			(456,394)
Loss percentage of net assets			(2.50%)
Short Position | SERIES B | Energy
Derivative Instruments, Gain (Loss) [Line Items]
Gains	42,218		304,035
Gains percentage of net assets	0.20%		1.70%
Losses	(151,062)		(146,595)
Loss percentage of net assets	(0.80%)		(0.90%)
Short Position | SERIES B | Livestock
Derivative Instruments, Gain (Loss) [Line Items]
Gains	22,830
Gains percentage of net assets	0.10%
Losses	$ (5,870)
Loss percentage of net assets	0.00%	[1]

[1] Due to rounding

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Effects of Derivative Instruments on Statement of Operations (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gain (Loss) on Derivatives Recognized in Income	$ 3,872,640	$ (2,129,914)
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income	(76,270)	(1,316,861)
Foreign exchange contracts | Net Realized and Unrealized gain (loss) on futures and forward contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gain (Loss) on Derivatives Recognized in Income	(324,985)	92,368
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income	(51,005)	(270,134)
Futures contracts | Net Realized and Unrealized gain (loss) on futures and forward contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gain (Loss) on Derivatives Recognized in Income	4,197,625	(2,222,282)
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income	(25,265)	(1,046,727)
SERIES A
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gain (Loss) on Derivatives Recognized in Income	1,414,071	(912,453)
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income	21,571	(507,038)
SERIES A | Foreign exchange contracts | Net Realized and Unrealized gain (loss) on futures and forward contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gain (Loss) on Derivatives Recognized in Income	(152,496)	27,182
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income	(2,233)	(92,672)
SERIES A | Futures contracts | Net Realized and Unrealized gain (loss) on futures and forward contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gain (Loss) on Derivatives Recognized in Income	1,566,567	(939,635)
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income	23,804	(414,366)
SERIES B
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gain (Loss) on Derivatives Recognized in Income	2,458,569	(1,217,461)
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income	(97,841)	(809,823)
SERIES B | Foreign exchange contracts | Net Realized and Unrealized gain (loss) on futures and forward contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gain (Loss) on Derivatives Recognized in Income	(172,489)	65,186
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income	(48,772)	(177,462)
SERIES B | Futures contracts | Net Realized and Unrealized gain (loss) on futures and forward contracts
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gain (Loss) on Derivatives Recognized in Income	2,631,058	(1,282,647)
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income	$ (49,069)	$ (632,361)

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Average Contract Volume by Market Sector (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013 Contract		Mar. 31, 2012 Contract
Long Position
Derivative [Line Items]
Average Number of Contracts	11,423	[1]	9,395	[1]
Long Position | Foreign Exchange
Derivative [Line Items]
Average Number of Contracts	111	[1]	160	[1]
Average Value of Positions	658,683	[1]	1,294,358	[1]
Long Position | Currency
Derivative [Line Items]
Average Number of Contracts	706		1,608
Long Position | Financial
Derivative [Line Items]
Average Number of Contracts	6,119		3,476
Long Position | Food & Fiber
Derivative [Line Items]
Average Number of Contracts	308		321
Long Position | Indices
Derivative [Line Items]
Average Number of Contracts	2,127		1,461
Long Position | Metals
Derivative [Line Items]
Average Number of Contracts	1,328		1,361
Long Position | Energy
Derivative [Line Items]
Average Number of Contracts	724		72
Long Position | Livestock
Derivative [Line Items]
Average Number of Contracts			936
Short Position
Derivative [Line Items]
Average Number of Contracts	3,086	[1]	3,539	[1]
Short Position | Foreign Exchange
Derivative [Line Items]
Average Number of Contracts	181	[1]	99	[1]
Average Value of Positions	587,597	[1]	1,174,224	[1]
Short Position | Currency
Derivative [Line Items]
Average Number of Contracts	567		929
Short Position | Financial
Derivative [Line Items]
Average Number of Contracts	276		636
Short Position | Food & Fiber
Derivative [Line Items]
Average Number of Contracts	485		382
Short Position | Indices
Derivative [Line Items]
Average Number of Contracts	90		712
Short Position | Metals
Derivative [Line Items]
Average Number of Contracts	541		266
Short Position | Energy
Derivative [Line Items]
Average Number of Contracts	743		239
Short Position | Livestock
Derivative [Line Items]
Average Number of Contracts	203		276
SERIES A | Long Position
Derivative [Line Items]
Average Number of Contracts	4,417	[1]	3,803	[1]
SERIES A | Long Position | Foreign Exchange
Derivative [Line Items]
Average Number of Contracts	52	[1]	75	[1]
Average Value of Positions	233,722	[1]	474,513	[1]
SERIES A | Long Position | Currency
Derivative [Line Items]
Average Number of Contracts	273		659
SERIES A | Long Position | Financial
Derivative [Line Items]
Average Number of Contracts	2,380		1,397
SERIES A | Long Position | Food & Fiber
Derivative [Line Items]
Average Number of Contracts	115		130
SERIES A | Long Position | Indices
Derivative [Line Items]
Average Number of Contracts	796		579
SERIES A | Long Position | Metals
Derivative [Line Items]
Average Number of Contracts	524		554
SERIES A | Long Position | Energy
Derivative [Line Items]
Average Number of Contracts	277		380
SERIES A | Long Position | Livestock
Derivative [Line Items]
Average Number of Contracts			29
SERIES A | Short Position
Derivative [Line Items]
Average Number of Contracts	1,197	[1]	1,417	[1]
SERIES A | Short Position | Foreign Exchange
Derivative [Line Items]
Average Number of Contracts	80	[1]	47	[1]
Average Value of Positions	224,682	[1]	429,754	[1]
SERIES A | Short Position | Currency
Derivative [Line Items]
Average Number of Contracts	216		383
SERIES A | Short Position | Financial
Derivative [Line Items]
Average Number of Contracts	108		240
SERIES A | Short Position | Food & Fiber
Derivative [Line Items]
Average Number of Contracts	188		152
SERIES A | Short Position | Indices
Derivative [Line Items]
Average Number of Contracts	34		288
SERIES A | Short Position | Metals
Derivative [Line Items]
Average Number of Contracts	211		103
SERIES A | Short Position | Energy
Derivative [Line Items]
Average Number of Contracts	281		110
SERIES A | Short Position | Livestock
Derivative [Line Items]
Average Number of Contracts	79		94
SERIES B | Long Position
Derivative [Line Items]
Average Number of Contracts	7,006	[1]	5,592	[1]
SERIES B | Long Position | Foreign Exchange
Derivative [Line Items]
Average Number of Contracts	59	[1]	85	[1]
Average Value of Positions	424,961	[1]	819,845	[1]
SERIES B | Long Position | Currency
Derivative [Line Items]
Average Number of Contracts	433		949
SERIES B | Long Position | Financial
Derivative [Line Items]
Average Number of Contracts	3,739		2,079
SERIES B | Long Position | Food & Fiber
Derivative [Line Items]
Average Number of Contracts	193		191
SERIES B | Long Position | Indices
Derivative [Line Items]
Average Number of Contracts	1,331		882
SERIES B | Long Position | Metals
Derivative [Line Items]
Average Number of Contracts	804		807
SERIES B | Long Position | Energy
Derivative [Line Items]
Average Number of Contracts	447		556
SERIES B | Long Position | Livestock
Derivative [Line Items]
Average Number of Contracts			43
SERIES B | Short Position
Derivative [Line Items]
Average Number of Contracts	1,889	[1]	2,122	[1]
SERIES B | Short Position | Foreign Exchange
Derivative [Line Items]
Average Number of Contracts	101	[1]	52	[1]
Average Value of Positions	362,915	[1]	744,470	[1]
SERIES B | Short Position | Currency
Derivative [Line Items]
Average Number of Contracts	351		546
SERIES B | Short Position | Financial
Derivative [Line Items]
Average Number of Contracts	168		396
SERIES B | Short Position | Food & Fiber
Derivative [Line Items]
Average Number of Contracts	297		230
SERIES B | Short Position | Indices
Derivative [Line Items]
Average Number of Contracts	56		424
SERIES B | Short Position | Metals
Derivative [Line Items]
Average Number of Contracts	330		163
SERIES B | Short Position | Energy
Derivative [Line Items]
Average Number of Contracts	462		166
SERIES B | Short Position | Livestock
Derivative [Line Items]
Average Number of Contracts	124		145

[1] Based on quarterly holdings

XML

Funds Trading Results by Market Sector (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	$ 3,872,640	$ (2,129,914)
Change in Net Unrealized Gains (Losses)	(76,270)	(1,316,861)
Net Trading Gains (Losses)	3,796,370	(3,446,775)
Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	(324,985)	92,368
Change in Net Unrealized Gains (Losses)	(51,005)	(270,134)
Net Trading Gains (Losses)	(375,990)	(177,766)
Currency
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	82,174	(2,199,877)
Change in Net Unrealized Gains (Losses)	(297,541)	(429,495)
Net Trading Gains (Losses)	(215,367)	(2,629,372)
Financial
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	(104,285)	(1,539,652)
Change in Net Unrealized Gains (Losses)	242,560	75,807
Net Trading Gains (Losses)	138,275	(1,463,845)
Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	(57,948)	(978,538)
Change in Net Unrealized Gains (Losses)	(438,058)	(363,905)
Net Trading Gains (Losses)	(496,006)	(1,342,443)
Indices
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	2,708,023	(182,180)
Change in Net Unrealized Gains (Losses)	(390,002)	109,142
Net Trading Gains (Losses)	2,318,021	(73,038)
Metals
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	856,480	(140,169)
Change in Net Unrealized Gains (Losses)	996,482	(626,246)
Net Trading Gains (Losses)	1,852,962	(766,415)
Livestock
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	262,170	(128,284)
Change in Net Unrealized Gains (Losses)	19,490	441,200
Net Trading Gains (Losses)	281,660	312,916
Energy
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	451,011	2,946,418
Change in Net Unrealized Gains (Losses)	(158,196)	(253,230)
Net Trading Gains (Losses)	292,815	2,693,188
SERIES A
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	1,414,071	(912,453)
Change in Net Unrealized Gains (Losses)	21,571	(507,038)
Net Trading Gains (Losses)	1,435,642	(1,419,491)
SERIES A | Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	(152,496)	27,182
Change in Net Unrealized Gains (Losses)	(2,233)	(92,672)
Net Trading Gains (Losses)	(154,729)	(65,490)
SERIES A | Currency
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	31,594	(923,845)
Change in Net Unrealized Gains (Losses)	(109,547)	(162,007)
Net Trading Gains (Losses)	(77,953)	(1,085,852)
SERIES A | Financial
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	(48,161)	(623,614)
Change in Net Unrealized Gains (Losses)	88,813	35,406
Net Trading Gains (Losses)	40,652	(588,208)
SERIES A | Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	(17,156)	(394,315)
Change in Net Unrealized Gains (Losses)	(163,176)	(155,701)
Net Trading Gains (Losses)	(180,332)	(550,016)
SERIES A | Indices
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	984,240	(59,412)
Change in Net Unrealized Gains (Losses)	(118,688)	26,539
Net Trading Gains (Losses)	865,552	(32,873)
SERIES A | Metals
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	314,072	(70,445)
Change in Net Unrealized Gains (Losses)	393,462	(230,431)
Net Trading Gains (Losses)	707,534	(300,876)
SERIES A | Livestock
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	106,110	(50,524)
Change in Net Unrealized Gains (Losses)	2,530	169,510
Net Trading Gains (Losses)	108,640	118,986
SERIES A | Energy
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	195,868	1,182,520
Change in Net Unrealized Gains (Losses)	(69,590)	(97,682)
Net Trading Gains (Losses)	126,278	1,084,838
SERIES B
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	2,458,569	(1,217,461)
Change in Net Unrealized Gains (Losses)	(97,841)	(809,823)
Net Trading Gains (Losses)	2,360,728	(2,027,284)
SERIES B | Foreign Exchange
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	(172,489)	65,186
Change in Net Unrealized Gains (Losses)	(48,772)	(177,462)
Net Trading Gains (Losses)	(221,261)	(112,276)
SERIES B | Currency
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	50,580	(1,276,032)
Change in Net Unrealized Gains (Losses)	(187,994)	(267,488)
Net Trading Gains (Losses)	(137,414)	(1,543,520)
SERIES B | Financial
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	(56,124)	(916,038)
Change in Net Unrealized Gains (Losses)	153,747	40,401
Net Trading Gains (Losses)	97,623	(875,637)
SERIES B | Food & Fiber
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	(40,792)	(584,223)
Change in Net Unrealized Gains (Losses)	(274,882)	(208,204)
Net Trading Gains (Losses)	(315,674)	(792,427)
SERIES B | Indices
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	1,723,783	(122,768)
Change in Net Unrealized Gains (Losses)	(271,314)	82,603
Net Trading Gains (Losses)	1,452,469	(40,165)
SERIES B | Metals
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	542,408	(69,724)
Change in Net Unrealized Gains (Losses)	603,020	(395,815)
Net Trading Gains (Losses)	1,145,428	(465,539)
SERIES B | Livestock
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	156,060	(77,760)
Change in Net Unrealized Gains (Losses)	16,960	271,690
Net Trading Gains (Losses)	173,020	193,930
SERIES B | Energy
Derivative Instruments, Gain (Loss) [Line Items]
Net Realized Gains (Losses)	255,143	1,763,898
Change in Net Unrealized Gains (Losses)	(88,606)	(155,548)
Net Trading Gains (Losses)	$ 166,537	$ 1,608,350

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Fair Value Measurements

3 Months Ended

Mar. 31, 2013

Fair Value Measurements

3. Fair Value Measurements

The Fund follows ASC 820, Fair Value Measurements and Disclosures, which establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under ASC 820 are described below:

Level 1:	Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;
Level 2:	Quoted prices in markets that are not considered to be active or financial instruments for which all significant inputs are observable, either directly or indirectly;
Level 3:	Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable.

A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. In determining fair value, the Fund separates its financial instruments into two categories: U.S. government securities and derivative contracts.

U.S. Government Securities. The Fund’s only market exposure in instruments held other than for speculative trading is in its U.S. Treasury Bill portfolio. As the Fund uses the amortized cost method for valuing its U.S. Treasury Bill portfolio, which approximates fair value, this portfolio is classified within Level 2 of the fair value hierarchy.

Derivative Contracts. Derivative contracts can be exchange-traded or over-the-counter (“OTC”). Exchange-traded derivatives typically fall within Level 1 or Level 2 of the fair value hierarchy depending on whether they are deemed to be actively traded or not. The Fund has exposure to exchange-traded derivative contracts through the Fund’s trading of exchange-traded futures contracts. The Fund’s exchange-traded futures contract positions are valued daily at settlement prices published by the applicable exchanges. In such cases, provided they are deemed to be actively traded, exchange-traded derivatives are classified within Level 1 of the fair value hierarchy. Less actively traded exchange-traded derivatives fall within Level 2 of the fair value hierarchy.

OTC derivatives are valued using market transactions and other market evidence whenever possible, including market-based inputs to models, model calibration to market-clearing transactions, broker or dealer quotations, or alternative pricing sources with reasonable levels of price transparency. Where models are used, the selection of a particular model to value an OTC derivative depends upon the contractual terms of, and specific risks inherent in, the instrument as well as the availability of pricing information in the market. For OTC derivatives that trade in liquid markets, such as generic forwards and swaps, model inputs can generally be verified and model selection does not involve significant management judgment. The OTC derivatives held by the Fund may include forwards and swaps. Spot and forward foreign currency contracts held by the Fund are valued at published daily settlement prices or at dealers’ quotes. The Fund’s forward and swap positions are typically classified within Level 2 of the fair value hierarchy.

Certain OTC derivatives trade in less liquid markets with limited pricing information, and the determination of fair value for these derivatives is inherently more difficult. Such instruments are classified within Level 3 of the fair value hierarchy. Where the Fund does not have corroborating market evidence to support significant model inputs and cannot verify the model to market transactions, transaction price is initially used as the best estimate of fair value. Accordingly, when a pricing model is used to value such an instrument, the model is adjusted so that the model value at inception equals the transaction price. The valuations of these less liquid OTC derivatives are typically based on Level 1 and/or Level 2 inputs that can be observed in the market, as well as unobservable Level 3 inputs. Subsequent to initial recognition, the Fund updates the Level 1 and Level 2 inputs to reflect observable market changes, with resulting gains and losses reflected within Level 3. Level 3 inputs are changed only when corroborated by evidence such as similar market transactions, third-party pricing services and/or broker or dealer quotations, or other empirical market data. In circumstances in which the Fund cannot verify the model value to market transactions, it is possible that a different valuation model could produce a materially different estimate of fair value. The Fund attempts to avoid holding less liquid OTC derivatives. However, once held, the market for any particular derivative contract could become less liquid during the holding period. As of and during the quarters ended March 31, 2013 and March 31, 2012, the Fund held no derivative contracts valued using Level 3 inputs.

The following table summarizes the valuation of the Fund’s assets and liabilities by the ASC 820 fair value hierarchy as of March 31, 2013 and December 31, 2012:

Superfund Green, L.P.

	Balance March 31, 2013		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	119,657	$	—	$	119,657	$	—
Futures contracts sold		1,361,906		1,361,906		—		—
Futures contracts purchased		1,190,538		1,190,538		—		—
Total Assets Measured at Fair Value	$	2,672,101	$	2,552,444	$	119,657	$	—
LIABILITIES
Futures contracts sold	$	334,672	$	334,672	$	—	$	—
Futures contracts purchased		1,021,882		1,021,882		—		—
Unrealized depreciation on open forward contracts		47,753		—		47,753		—
Total Liabilities Measured at Fair Value	$	1,404,307	$	1,356,554	$	47,753	$	—

	Balance December 31, 2012		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	299,598	$	—	$	299,598	$	—
Futures contracts sold		314,602		314,602		—		—
Futures contracts purchased		906,553		906,553		—		—
Total Assets Measured at Fair Value	$	1,520,753	$	1,221,155	$	299,598	$	—
LIABILITIES
Unrealized depreciation on open forward contracts	$	176,689	$	—	$	176,689	$	—
Total Liabilities Measured at Fair Value	$	176,689	$	—	$	176,689	$	—

Superfund Green, L.P.—Series A

	Balance March 31, 2013		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	40,505	$	—	$	40,505	$	—
Futures contracts sold		526,643		526,643		—		—
Futures contracts purchased		439,476		439,476		—		—
Total Assets Measured at Fair Value	$	1,006,624	$	966,119	$	40,505	$	—
LIABILITIES
Futures contracts sold	$	127,120	$	127,120	$	—	$	—
Futures contracts purchased		381,741		381,741		—		—
Unrealized depreciation on open forward contracts		15,746		—		15,746		—
Total Liabilities Measured at Fair Value	$	524,607	$	508,861	$	15,746	$	—

	Balance December 31, 2012		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	89,246	$	—	$	89,246	$	—
Futures contracts sold		123,836		123,836		—		—
Futures contracts purchased		309,618		309,618		—		—
Total Assets Measured at Fair Value	$	522,700	$	433,454	$	89,246	$	—
LIABILITIES
Unrealized depreciation on open forward contracts	$	62,254	$	—	$	62,254	$	—
Total Liabilities Measured at Fair Value	$	62,254	$	—	$	62,254	$	—

Superfund Green, L.P.—Series B

	Balance March 31, 2013		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	79,152	$	—	$	79,152	$	—
Futures contracts sold		835,263		835,263		—		—
Futures contracts purchased		751,062		751,062		—		—
Total Assets Measured at Fair Value	$	1,665,477	$	1,586,325	$	79,152	$	—
LIABILITIES
Futures contracts sold	$	207,552	$	207,552	$	—	$	—
Futures contracts purchased		640,141		640,141		—		—
Unrealized depreciation on open forward contracts		32,007		—		32,007		—
Total Liabilities Measured at Fair Value	$	879,700	$	847,693	$	32,007	$	—

	Balance December 31, 2012		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	210,352	$	—	$	210,352	$	—
Futures contracts sold		190,766		190,766		—		—
Futures contracts purchased		596,935		596,935		—		—
Total Assets Measured at Fair Value	$	998,053	$	787,801	$	210,352	$	—
LIABILITIES
Unrealized depreciation on open forward contracts	$	114,435	$	—	$	114,435	$	—
Total Liabilities Measured at Fair Value	$	114,435	$	—	$	114,435	$	—

XML

Related Party Transactions - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Related Party Transaction [Line Items]
Management Fee	1.85%
Offering expenses percentage	1.00%
Operating expenses percentage	0.15%
Incentive fees	25.00%
Maximum cumulative selling commission percentage	10.00%
SERIES A
Related Party Transaction [Line Items]
Incentive fees	0.00%	0.00%
General partners ownership in capital account units issued percentage for Series A and B	2.90%
SERIES B
Related Party Transaction [Line Items]
Incentive fees	0.00%	0.00%
General partners ownership in capital account units issued percentage for Series A and B	3.87%
Superfund Capital Management
Related Party Transaction [Line Items]
Selling commissions percentage	4.00%
Combined value	1,156,616
Superfund Capital Management | SERIES A
Related Party Transaction [Line Items]
General partners ownership in capital account units issued For Series A and B	386.799
Superfund Capital Management | SERIES B
Related Party Transaction [Line Items]
General partners ownership in capital account units issued For Series A and B	545.883

XML

STATEMENTS OF ASSETS AND LIABILITIES (USD $)	Mar. 31, 2013	Dec. 31, 2012
ASSETS
Due from brokers	$ 14,934,579	$ 16,139,431
Due from affiliate		187
Unrealized appreciation on open forward contracts	119,657	299,598
Futures contracts purchased	1,190,538	906,553
Futures contracts sold	1,361,906	314,602
Cash	18,680,820	18,965,187
Total assets	36,287,500	36,625,558
LIABILITIES
Unrealized depreciation on open forward contracts	47,753	176,689
Futures contracts purchased	1,021,882
Futures contracts sold	334,672
Redemptions payable	898,475	1,908,427
Management fees payable	53,891	56,206
Fees payable	69,988	69,938
Total liabilities	2,426,661	2,211,260
NET ASSETS	33,860,839	34,414,298
SERIES A
ASSETS
Due from brokers	6,001,877	7,148,002
Due from affiliate		187
Unrealized appreciation on open forward contracts	40,505	89,246
Futures contracts purchased	439,476	309,618
Futures contracts sold	526,643	123,836
Cash	10,013,405	10,113,907
Total assets	17,021,906	17,784,796
LIABILITIES
Unrealized depreciation on open forward contracts	15,746	62,254
Futures contracts purchased	381,741
Futures contracts sold	127,120
Redemptions payable	363,124	1,102,466
Management fees payable	25,492	27,320
Fees payable	33,101	35,420
Total liabilities	946,324	1,227,460
NET ASSETS	16,075,582	16,557,336
Number of Units	13,353.825	14,646.201
Net asset value per Unit	$ 1,203.82	$ 1,130.49
SERIES B
ASSETS
Due from brokers	8,932,702	8,991,429
Unrealized appreciation on open forward contracts	79,152	210,352
Futures contracts purchased	751,062	596,935
Futures contracts sold	835,263	190,766
Cash	8,667,415	8,851,280
Total assets	19,265,594	18,840,762
LIABILITIES
Unrealized depreciation on open forward contracts	32,007	114,435
Futures contracts purchased	640,141
Futures contracts sold	207,552
Redemptions payable	535,351	805,961
Management fees payable	28,399	28,886
Fees payable	36,887	34,518
Total liabilities	1,480,337	983,800
NET ASSETS	$ 17,785,257	$ 17,856,962
Number of Units	14,094.791	15,682.537
Net asset value per Unit	$ 1,261.83	$ 1,138.65

XML

Nature of operations

3 Months Ended

Mar. 31, 2013

Nature of operations

1. Nature of operations

Organization and Business

Superfund Green, L.P. (the “Fund”), a Delaware limited partnership, commenced operations on November 5, 2002. The Fund was organized to trade speculatively in the United States (“U.S.”) and international commodity futures and forward markets using a fully-automated computerized trading system. The Fund has issued two classes of units (“Units”), Series A and Series B (each, a “Series”). The two Series are traded and managed the same way except for the degree of leverage.

The terms of Series A and Series B each shall continue until December 31, 2050, unless the applicable Series is terminated earlier by the Fund’s general partner, Superfund Capital Management, Inc. (“Superfund Capital Management”) or by operation of law or a decline in the aggregate net assets of such Series to less than $500,000.

XML

Subscriptions and Redemptions - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Initial investment amount	$ 3,754,723	$ 6,064,765
Net asset value per unit minimum decline rate	50.00%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Initial investment amount	1,000
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Initial investment amount	$ 10,000

XML

Condensed Schedule of Investments (Detail) (USD $)	Mar. 31, 2013		Dec. 31, 2012
Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.10%		0.40%
Fair Value	$ 71,904		$ 122,909
Futures contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	3.60%		3.50%
Fair Value	1,195,890		1,221,155
Unrealized appreciation on open forward contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.30%		0.90%
Fair Value	119,657		299,598
Unrealized appreciation on open forward contracts | Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.30%		0.90%
Fair Value	119,657		299,598
Unrealized depreciation on open forward contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.20%)		(0.50%)
Fair Value	(47,753)		(176,689)
Unrealized depreciation on open forward contracts | Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.20%)		(0.50%)
Fair Value	(47,753)		(176,689)
Futures contract purchased
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.60%		2.60%
Fair Value	168,656		906,553
Futures contract purchased | Currency
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.10%		0.00%	[1]
Fair Value	33,323		(4,412)
Futures contract purchased | Energy
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.40%		0.50%
Fair Value	462,479		180,049
Futures contract purchased | Financial
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.50%		0.70%
Fair Value	498,592		247,051
Futures contract purchased | Food & Fiber
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.90%)		0.00%	[1]
Fair Value	(309,038)		1,240
Futures contract purchased | Indices
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		1.00%
Fair Value	(36,109)		337,382
Futures contract purchased | Metals
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(1.40%)		0.40%
Fair Value	(480,591)		145,243
Futures Contracts Sold
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	3.00%		0.90%
Fair Value	1,027,234		314,602
Futures Contracts Sold | Currency
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		0.90%
Fair Value	(34,931)		300,345
Futures Contracts Sold | Energy
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.50%)		0.80%
Fair Value	(170,919)		269,707
Futures Contracts Sold | Financial
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		0.00%	[1]
Fair Value	(20,012)		(11,031)
Futures Contracts Sold | Food & Fiber
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.20%		0.60%
Fair Value	67,552		195,332
Futures Contracts Sold | Indices
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		0.00%	[1]
Fair Value	(17,518)		(1,007)
Futures Contracts Sold | Metals
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	3.50%		(1.30%)
Fair Value	1,183,572		(438,744)
Futures Contracts Sold | Metals | LME Aluminum expiring June 2013
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.30%
Fair Value	448,619
Futures Contracts Sold | Metals | LME Copper expiring June 2013
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.30%
Fair Value	436,675
Futures Contracts Sold | Metals | Other Metals
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.90%
Fair Value	298,278
Futures Contracts Sold | Livestock
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.10%
Fair Value	19,490
Futures And Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	3.70%		3.90%
Fair Value	1,267,794		1,344,064
Futures And Forward Contracts | Australia
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		0.10%
Fair Value	(20,600)		37,749
Futures And Forward Contracts | Canada
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.10%		0.10%
Fair Value	44,762		21,946
Futures And Forward Contracts | European Monetary Union
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.20%)		(0.10%)
Fair Value	(59,935)		(38,141)
Futures And Forward Contracts | Great Britain
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.00%	[1]	(0.10%)
Fair Value	5,033		(33,717)
Futures And Forward Contracts | Japan
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.40%		1.10%
Fair Value	117,841		367,412
Futures And Forward Contracts | United States
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	3.10%		2.10%
Fair Value	1,062,360		733,901
Futures And Forward Contracts | Other
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.40%		0.70%
Fair Value	118,333		254,914
SERIES B | Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.30%		0.60%
Fair Value	47,145		95,917
SERIES B | Futures contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	4.10%		4.40%
Fair Value	738,632		787,701
SERIES B | Unrealized appreciation on open forward contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.40%		1.20%
Fair Value	79,152		210,352
SERIES B | Unrealized appreciation on open forward contracts | Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.40%		1.20%
Fair Value	79,152		210,352
SERIES B | Unrealized depreciation on open forward contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		(0.60%)
Fair Value	(32,007)		(114,435)
SERIES B | Unrealized depreciation on open forward contracts | Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		(0.60%)
Fair Value	(32,007)		(114,435)
SERIES B | Futures contract purchased
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.60%		3.30%
Fair Value	110,921		596,935
SERIES B | Futures contract purchased | Currency
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.10%		0.00%	[1]
Fair Value	20,806		(1,491)
SERIES B | Futures contract purchased | Energy
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.70%		0.70%
Fair Value	298,436		120,758
SERIES B | Futures contract purchased | Financial
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.80%		0.80%
Fair Value	307,790		148,561
SERIES B | Futures contract purchased | Food & Fiber
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(1.10%)		0.00%	[1]
Fair Value	(193,263)		325
SERIES B | Futures contract purchased | Indices
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.20%)		1.30%
Fair Value	(28,287)		230,985
SERIES B | Futures contract purchased | Metals
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(1.70%)		0.50%
Fair Value	(294,561)		97,797
SERIES B | Futures Contracts Sold
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	3.50%		1.10%
Fair Value	627,711		190,766
SERIES B | Futures Contracts Sold | Currency
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		1.10%
Fair Value	(20,455)		189,836
SERIES B | Futures Contracts Sold | Energy
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.60%)		0.80%
Fair Value	(108,844)		157,440
SERIES B | Futures Contracts Sold | Financial
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		0.00%	[1]
Fair Value	(12,376)		(6,894)
SERIES B | Futures Contracts Sold | Food & Fiber
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.20%		0.70%
Fair Value	43,938		125,232
SERIES B | Futures Contracts Sold | Indices
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		0.00%	[1]
Fair Value	(12,621)		(579)
SERIES B | Futures Contracts Sold | Metals
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	4.10%		(1.50%)
Fair Value	721,109		(274,269)
SERIES B | Futures Contracts Sold | Metals | LME Aluminum expiring June 2013
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.60%
Fair Value	276,513
SERIES B | Futures Contracts Sold | Metals | LME Copper expiring June 2013
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.50%
Fair Value	266,125
SERIES B | Futures Contracts Sold | Metals | Other Metals
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.00%
Fair Value	178,471
SERIES B | Futures Contracts Sold | Livestock
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.10%
Fair Value	16,960
SERIES B | Futures And Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	4.40%		5.00%
Fair Value	785,777		883,618
SERIES B | Futures And Forward Contracts | Australia
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		0.10%
Fair Value	(12,883)		22,299
SERIES B | Futures And Forward Contracts | Canada
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.20%		0.10%
Fair Value	28,395		11,967
SERIES B | Futures And Forward Contracts | European Monetary Union
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.20%)		(0.10%)
Fair Value	(40,059)		(22,191)
SERIES B | Futures And Forward Contracts | Great Britain
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.00%	[1]	(0.10%)
Fair Value	1,372		(19,969)
SERIES B | Futures And Forward Contracts | Japan
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.40%		1.40%
Fair Value	72,999		253,009
SERIES B | Futures And Forward Contracts | United States
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	3.70%		2.70%
Fair Value	667,834		486,306
SERIES B | Futures And Forward Contracts | Other
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.40%		0.90%
Fair Value	68,119		152,197
SERIES A | Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.20%		0.10%
Fair Value	24,759		26,992
SERIES A | Futures contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	2.90%		2.70%
Fair Value	457,258		433,454
SERIES A | Unrealized appreciation on open forward contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.30%		0.50%
Fair Value	40,505		89,246
SERIES A | Unrealized appreciation on open forward contracts | Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.30%		0.50%
Fair Value	40,505		89,246
SERIES A | Unrealized depreciation on open forward contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		(0.40%)
Fair Value	(15,746)		(62,254)
SERIES A | Unrealized depreciation on open forward contracts | Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		(0.40%)
Fair Value	(15,746)		(62,254)
SERIES A | Futures contract purchased
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.40%		1.90%
Fair Value	57,735		309,618
SERIES A | Futures contract purchased | Currency
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.10%		0.00%	[1]
Fair Value	12,517		(2,921)
SERIES A | Futures contract purchased | Energy
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.00%		0.40%
Fair Value	164,043		59,291
SERIES A | Futures contract purchased | Financial
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.20%		0.60%
Fair Value	190,802		98,490
SERIES A | Futures contract purchased | Food & Fiber
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.70%)		0.00%	[1]
Fair Value	(115,775)		915
SERIES A | Futures contract purchased | Indices
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.00%	[1]	0.60%
Fair Value	(7,822)		106,397
SERIES A | Futures contract purchased | Metals
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(1.20%)		0.30%
Fair Value	(186,030)		47,446
SERIES A | Futures Contracts Sold
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	2.50%		0.80%
Fair Value	399,523		123,836
SERIES A | Futures Contracts Sold | Currency
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		0.70%
Fair Value	(14,476)		110,509
SERIES A | Futures Contracts Sold | Energy
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.40%)		0.70%	[1]
Fair Value	(62,075)		112,267
SERIES A | Futures Contracts Sold | Financial
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.00%	[1]	0.00%
Fair Value	(7,636)		(4,137)
SERIES A | Futures Contracts Sold | Food & Fiber
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.10%		0.40%
Fair Value	23,614		70,100
SERIES A | Futures Contracts Sold | Indices
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.00%	[1]	0.00%	[1]
Fair Value	(4,897)		(428)
SERIES A | Futures Contracts Sold | Metals
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	2.90%		(1.00%)
Fair Value	462,463		(164,475)
SERIES A | Futures Contracts Sold | Metals | LME Aluminum expiring June 2013
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.10%
Fair Value	172,106
SERIES A | Futures Contracts Sold | Metals | LME Copper expiring June 2013
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	1.10%
Fair Value	170,550
SERIES A | Futures Contracts Sold | Metals | Other Metals
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.70%
Fair Value	119,807
SERIES A | Futures Contracts Sold | Livestock
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.00%	[1]
Fair Value	2,530
SERIES A | Futures And Forward Contracts
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	3.10%		2.80%
Fair Value	482,017		460,446
SERIES A | Futures And Forward Contracts | Australia
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.00%	[1]	0.10%
Fair Value	(7,717)		15,450
SERIES A | Futures And Forward Contracts | Canada
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.10%		0.10%
Fair Value	16,367		9,979
SERIES A | Futures And Forward Contracts | European Monetary Union
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	(0.10%)		(0.10%)
Fair Value	(19,876)		(15,950)
SERIES A | Futures And Forward Contracts | Great Britain
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.00%	[1]	(0.10%)
Fair Value	3,661		(13,748)
SERIES A | Futures And Forward Contracts | Japan
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.30%		0.70%
Fair Value	44,842		114,403
SERIES A | Futures And Forward Contracts | United States
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	2.50%		1.50%
Fair Value	394,526		247,595
SERIES A | Futures And Forward Contracts | Other
Summary of Investment Holdings [Line Items]
Percentage of Net Assets	0.30%		0.60%
Fair Value	$ 50,214		$ 102,717

[1] Due to rounding

XML

Nature of Operations - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013
Organization And Business Activities [Line Items]
Number of Classes	2
Aggregate Net Assets	$ 500,000

XML

Basis of presentation and significant accounting policies

3 Months Ended

Mar. 31, 2013

Basis of presentation and significant accounting policies

2. Basis of presentation and significant accounting policies

Basis of Presentation

The unaudited financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) and accounting principles generally accepted in the U.S. (“U.S. GAAP”) with respect to the Form 10-Q and reflect all adjustments which in the opinion of management are normal and recurring, and which are necessary for a fair statement of the results of interim periods presented. It is suggested that these financial statements be read in conjunction with the financial statements and the related notes included in the Fund’s Annual Report on Form 10-K for the year ended December 31, 2012.

Valuation of Investments in Futures Contracts, Forward Contracts, and U.S. Treasury Bills

All commodity interests (including derivative financial instruments and derivative commodity instruments) are used for trading purposes. The commodity interests are recorded on a trade date basis and open contracts are recorded in the statements of assets and liabilities at fair value on the last business day of the period, which represents market value for those commodity interests for which market quotes are readily available.

Exchange-traded futures contracts are valued at settlement prices published by the recognized exchange. Any spot and forward foreign currency contracts held by the Fund will be valued at published settlement prices or at dealers’ quotes. The Fund uses the amortized cost method for valuing U.S. Treasury Bills due to the short-term nature of such instruments; accordingly, the cost of securities plus accreted discount, or minus amortized premium approximates fair value (See Section 3 – Fair Value Measurements).

Translation of Foreign Currency

Assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at the period-end exchange rates. Purchases and sales of investments and income and expenses that are denominated in foreign currencies are translated into U.S. dollar amounts on the transaction date. Adjustments arising from foreign currency transactions are reflected in the statements of operations.

The Fund does not isolate that portion of the results of operations arising from the effect of changes in foreign exchange rates on investments from fluctuations from changes in market prices of investments held. Such fluctuations are included in net realized and unrealized gain (loss) on investments in the statements of operations.

Investment Transactions, Investment Income and Expenses

Investment transactions are accounted for on a trade-date basis. Interest income and expenses are recognized on the accrual basis. The Fund uses the amortized cost method for valuing U.S. Treasury Bills. Operating expenses of the Fund are allocated to each Series in proportion to the net asset value of the Series at the beginning of each month. Expenses directly attributable to a particular Series are charged directly to that Series.

Gains or losses are realized when contracts are liquidated. Unrealized gains and losses on open contracts (the difference between contract trade price and market price) are reported in the statements of financial condition as a net gain or loss, as there exists a right of offset of unrealized gains or losses in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 210-20, Offsetting – Balance Sheet.

Set forth herein are instruments and transactions eligible for offset in the Statements of Assets and Liabilities and which are subject to derivative clearing agreements with the Fund’s futures commission merchants. Each futures commission merchant nets margin held on behalf of each Series of the Fund or payment obligations of the futures commission merchant to each Series against any payment obligations of that Series to the futures commission merchant. Each Series is required to deposit margin at each futures commission merchant to meet the original and maintenance requirements established by that futures commission merchant, and/or the exchange or clearinghouse associated with the exchange on which the instrument is traded. The derivative clearing agreements give each futures commission merchant a security interest in this margin to secure any liabilities owed to the futures commission merchant arising from a default by the Series. As of March 31, 2013, the Fund had on deposit $7,243,828 at ADM Investor Services, Inc. and $7,690,060 at Barclays Capital Inc. As of March 31, 2013, Series A had on deposit $2,784,904 at ADM Investor Services, Inc. and $3,216,627 at Barclays Capital Inc. As of March 31, 2013, Series B had on deposit $4,458,924 at ADM Investor Services, Inc. and $4,473,433 at Barclays Capital Inc.

Income Taxes

The Fund does not record a provision for U.S. income taxes because the partners report their share of the Fund’s income or loss on their returns. The financial statements reflect the Fund’s transactions without adjustment, if any, required for income tax purposes.

Superfund Capital Management has evaluated the application of ASC Topic 740, Income Taxes (“ASC 740”), to the Fund, to determine whether or not there are uncertain tax positions that require financial statement recognition. Based on this evaluation, Superfund Capital Management has determined no reserves for uncertain tax positions are required to be recorded as a result of the application of ASC 740. Superfund Capital Management is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next twelve months. As a result, no income tax liability or expense has been recorded in the accompanying financial statements. The Fund files federal and various state tax returns. The 2009 through 2012 tax years generally remain subject to examination by the U.S. federal and most state tax authorities.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires Superfund Capital Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

Recently Issued Accounting Pronouncements

ASU 2011-11

In December 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-11, Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”). ASU 2011-11 requires disclosures to make financial statements that are prepared under U.S. GAAP more comparable to those prepared under International Financial Reporting Standards (“IFRS”). The new disclosure requirements mandate that entities disclose both gross and net information about instruments and transactions eligible for offset in the statement of assets and liabilities as well as instruments and transactions subject to an agreement similar to a master netting arrangement. In addition, ASU 2011-11 requires disclosure of collateral received and posted in connection with master netting agreements or similar arrangements.

In January 2013, the FASB issued guidance to clarify the scope of disclosures about offsetting assets and liabilities. The amendments clarify that the scope of guidance issued in December 2011 to enhance disclosures around financial instrument and derivative instruments that are either (a) offset, or (b) subject to a master netting agreement or similar agreement, irrespective of whether they are offset, applies to derivatives, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset or subject to an enforceable master netting arrangement or similar agreement. The amendments are effective for interim and annual periods beginning on or after January 1, 2013. Adoption did not have a material impact on the Funds’ financial statements.

ASU 2011-04

In May 2011, FASB issued ASU No. 2011-04, Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. ASU 2011-04 includes common requirements for measurement of and disclosure about fair value between U.S. GAAP and IFRS. ASU 2011-04 will require reporting entities to disclose the following information for fair value measurements categorized within Level 3 of the fair value hierarchy: quantitative information about the unobservable inputs used in the fair value measurement, the valuation processes used by the reporting entity and a narrative description of the sensitivity of the fair value measurement to changes in unobservable inputs and the interrelationships between those unobservable inputs. In addition, ASU 2011-04 will require reporting entities to make disclosures about amounts and reasons for all transfers in and out of Level 1 and Level 2 fair value measurements. The new and revised disclosures are effective for interim and annual reporting periods beginning after December 15, 2011. The Fund adopted ASU 2011-04 as of January 1, 2012. The adoption of the provisions of ASU 2011-04 has not had a material impact on the Fund’s financial statement disclosures.

XML

STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Mar. 31, 2013		Mar. 31, 2012
Investment income
Interest income	$ 870		$ 1,002
Other income	3		1,865
Total income	873		2,867
Expenses
Management fees	164,182		280,977
Ongoing offering expenses	88,748		151,879
Operating expenses	13,314		22,782
Selling commission	354,987		607,514
Brokerage commissions	241,221		279,172
Other	7,350		5,331
Total expenses	869,802		1,347,655
Net investment loss	(868,929)		(1,344,788)
Realized and unrealized gain (loss) on investments
Net realized gain (loss) on futures and forward contracts	3,872,640		(2,129,914)
Net change in unrealized appreciation (depreciation) on futures and forward contracts	(76,270)		(1,316,861)
Net gain (loss) on investments	3,796,370		(3,446,775)
Net increase (decrease) in net assets from operations	2,927,441		(4,791,563)
SERIES A
Investment income
Interest income	378		614
Other income	2		671
Total income	380		1,285
Expenses
Management fees	77,736		136,587
Ongoing offering expenses	42,020		73,831
Operating expenses	6,304		11,075
Selling commission	168,078		295,322
Brokerage commissions	92,941		112,337
Other	2,904		2,732
Total expenses	389,983		631,884
Net investment loss	(389,603)		(630,599)
Realized and unrealized gain (loss) on investments
Net realized gain (loss) on futures and forward contracts	1,414,071		(912,453)
Net change in unrealized appreciation (depreciation) on futures and forward contracts	21,571		(507,038)
Net gain (loss) on investments	1,435,642		(1,419,491)
Net increase (decrease) in net assets from operations	1,046,039		(2,050,090)
Net increase (decrease) in net assets from operations per Unit (based upon weighted average number of units outstanding during period)	$ 74.73	[1]	$ (90.27)	[1]
Net increase (decrease) in net assets from operations per Unit (based upon change in net asset value per unit during period)	$ 73.33		$ (92.46)
SERIES B
Investment income
Interest income	492		388
Other income	1		1,194
Total income	493		1,582
Expenses
Management fees	86,446		144,390
Ongoing offering expenses	46,728		78,048
Operating expenses	7,010		11,707
Selling commission	186,909		312,192
Brokerage commissions	148,280		166,835
Other	4,446		2,599
Total expenses	479,819		715,771
Net investment loss	(479,326)		(714,189)
Realized and unrealized gain (loss) on investments
Net realized gain (loss) on futures and forward contracts	2,458,569		(1,217,461)
Net change in unrealized appreciation (depreciation) on futures and forward contracts	(97,841)		(809,823)
Net gain (loss) on investments	2,360,728		(2,027,284)
Net increase (decrease) in net assets from operations	$ 1,881,402		$ (2,741,473)
Net increase (decrease) in net assets from operations per Unit (based upon weighted average number of units outstanding during period)	$ 125.97	[2]	$ (121.61)	[2]
Net increase (decrease) in net assets from operations per Unit (based upon change in net asset value per unit during period)	$ 123.18		$ (123.47)

[1] Weighted average number of Units outstanding for Series A for Three Months Ended March 31, 2013 and March 31, 2012: 13,997.02 and 22,711.90, respectively.

[2] Weighted average number of Units outstanding for Series B for Three Months Ended March 31, 2013 and March 31, 2012: 14,935.35 and 22,543.47, respectively.

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Subsequent events

3 Months Ended

Mar. 31, 2013

Subsequent events

12. Subsequent events

Superfund Capital Management has evaluated the impact of all subsequent events on the Fund through the date the financial statements were filed and has determined that there were no subsequent events requiring recognition or disclosure in the financial statements.

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Document and Entity Information	3 Months Ended
	Mar. 31, 2013	Apr. 18, 2013
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q1
Trading Symbol	CK0001168990
Entity Registrant Name	SUPERFUND GREEN, L.P.
Entity Central Index Key	0001168990
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		0

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Basis of presentation and significant accounting policies (Policies)

3 Months Ended

Mar. 31, 2013

Basis of Presentation

Basis of Presentation

The unaudited financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) and accounting principles generally accepted in the U.S. (“U.S. GAAP”) with respect to the Form 10-Q and reflect all adjustments which in the opinion of management are normal and recurring, and which are necessary for a fair statement of the results of interim periods presented. It is suggested that these financial statements be read in conjunction with the financial statements and the related notes included in the Fund’s Annual Report on Form 10-K for the year ended December 31, 2012.

Valuation of Investments in Futures Contracts, Forward Contracts and U.S Treasury Bills

Valuation of Investments in Futures Contracts, Forward Contracts, and U.S. Treasury Bills

All commodity interests (including derivative financial instruments and derivative commodity instruments) are used for trading purposes. The commodity interests are recorded on a trade date basis and open contracts are recorded in the statements of assets and liabilities at fair value on the last business day of the period, which represents market value for those commodity interests for which market quotes are readily available.

Exchange-traded futures contracts are valued at settlement prices published by the recognized exchange. Any spot and forward foreign currency contracts held by the Fund will be valued at published settlement prices or at dealers’ quotes. The Fund uses the amortized cost method for valuing U.S. Treasury Bills due to the short-term nature of such instruments; accordingly, the cost of securities plus accreted discount, or minus amortized premium approximates fair value (See Section 3 – Fair Value Measurements).

Translation of Foreign Currency

Translation of Foreign Currency

Assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at the period-end exchange rates. Purchases and sales of investments and income and expenses that are denominated in foreign currencies are translated into U.S. dollar amounts on the transaction date. Adjustments arising from foreign currency transactions are reflected in the statements of operations.

The Fund does not isolate that portion of the results of operations arising from the effect of changes in foreign exchange rates on investments from fluctuations from changes in market prices of investments held. Such fluctuations are included in net realized and unrealized gain (loss) on investments in the statements of operations.

Investment Transactions, Investment Income and Expenses

Investment Transactions, Investment Income and Expenses

Investment transactions are accounted for on a trade-date basis. Interest income and expenses are recognized on the accrual basis. The Fund uses the amortized cost method for valuing U.S. Treasury Bills. Operating expenses of the Fund are allocated to each Series in proportion to the net asset value of the Series at the beginning of each month. Expenses directly attributable to a particular Series are charged directly to that Series.

Gains or losses are realized when contracts are liquidated. Unrealized gains and losses on open contracts (the difference between contract trade price and market price) are reported in the statements of financial condition as a net gain or loss, as there exists a right of offset of unrealized gains or losses in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 210-20, Offsetting – Balance Sheet.

Set forth herein are instruments and transactions eligible for offset in the Statements of Assets and Liabilities and which are subject to derivative clearing agreements with the Fund’s futures commission merchants. Each futures commission merchant nets margin held on behalf of each Series of the Fund or payment obligations of the futures commission merchant to each Series against any payment obligations of that Series to the futures commission merchant. Each Series is required to deposit margin at each futures commission merchant to meet the original and maintenance requirements established by that futures commission merchant, and/or the exchange or clearinghouse associated with the exchange on which the instrument is traded. The derivative clearing agreements give each futures commission merchant a security interest in this margin to secure any liabilities owed to the futures commission merchant arising from a default by the Series. As of March 31, 2013, the Fund had on deposit $7,243,828 at ADM Investor Services, Inc. and $7,690,060 at Barclays Capital Inc. As of March 31, 2013, Series A had on deposit $2,784,904 at ADM Investor Services, Inc. and $3,216,627 at Barclays Capital Inc. As of March 31, 2013, Series B had on deposit $4,458,924 at ADM Investor Services, Inc. and $4,473,433 at Barclays Capital Inc.

Income Taxes

Income Taxes

The Fund does not record a provision for U.S. income taxes because the partners report their share of the Fund’s income or loss on their returns. The financial statements reflect the Fund’s transactions without adjustment, if any, required for income tax purposes.

Superfund Capital Management has evaluated the application of ASC Topic 740, Income Taxes (“ASC 740”), to the Fund, to determine whether or not there are uncertain tax positions that require financial statement recognition. Based on this evaluation, Superfund Capital Management has determined no reserves for uncertain tax positions are required to be recorded as a result of the application of ASC 740. Superfund Capital Management is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next twelve months. As a result, no income tax liability or expense has been recorded in the accompanying financial statements. The Fund files federal and various state tax returns. The 2009 through 2012 tax years generally remain subject to examination by the U.S. federal and most state tax authorities.

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires Superfund Capital Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

Recently Issued Accounting Pronouncements

Recently Issued Accounting Pronouncements

ASU 2011-11

In December 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-11, Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”). ASU 2011-11 requires disclosures to make financial statements that are prepared under U.S. GAAP more comparable to those prepared under International Financial Reporting Standards (“IFRS”). The new disclosure requirements mandate that entities disclose both gross and net information about instruments and transactions eligible for offset in the statement of assets and liabilities as well as instruments and transactions subject to an agreement similar to a master netting arrangement. In addition, ASU 2011-11 requires disclosure of collateral received and posted in connection with master netting agreements or similar arrangements.

In January 2013, the FASB issued guidance to clarify the scope of disclosures about offsetting assets and liabilities. The amendments clarify that the scope of guidance issued in December 2011 to enhance disclosures around financial instrument and derivative instruments that are either (a) offset, or (b) subject to a master netting agreement or similar agreement, irrespective of whether they are offset, applies to derivatives, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset or subject to an enforceable master netting arrangement or similar agreement. The amendments are effective for interim and annual periods beginning on or after January 1, 2013. Adoption did not have a material impact on the Funds’ financial statements.

ASU 2011-04

In May 2011, FASB issued ASU No. 2011-04, Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. ASU 2011-04 includes common requirements for measurement of and disclosure about fair value between U.S. GAAP and IFRS. ASU 2011-04 will require reporting entities to disclose the following information for fair value measurements categorized within Level 3 of the fair value hierarchy: quantitative information about the unobservable inputs used in the fair value measurement, the valuation processes used by the reporting entity and a narrative description of the sensitivity of the fair value measurement to changes in unobservable inputs and the interrelationships between those unobservable inputs. In addition, ASU 2011-04 will require reporting entities to make disclosures about amounts and reasons for all transfers in and out of Level 1 and Level 2 fair value measurements. The new and revised disclosures are effective for interim and annual reporting periods beginning after December 15, 2011. The Fund adopted ASU 2011-04 as of January 1, 2012. The adoption of the provisions of ASU 2011-04 has not had a material impact on the Fund’s financial statement disclosures.

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STATEMENTS OF OPERATIONS (Parenthetical)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
SERIES A
Weighted average number of Units outstanding	13,997.02	22,711.90
SERIES B
Weighted average number of Units outstanding	14,935.35	22,543.47

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Related party transactions

3 Months Ended

Mar. 31, 2013

Related party transactions

7. Related party transactions

Superfund Capital Management shall be paid a management fee equal to one-twelfth of 1.85% of month-end net assets (1.85% per annum), ongoing offering expenses equal to one-twelfth of 1% of month-end net assets (1% per annum), not to exceed the amount of actual expenses incurred, and monthly operating expenses equal to one-twelfth of 0.15% of month-end net assets (0.15% per annum), not to exceed the amount of actual expenses incurred. Superfund Capital Management will also be paid a monthly performance/incentive fee equal to 25% of the new appreciation without respect to interest income. Trading losses will be carried forward and no further performance/incentive fee may be paid until the prior losses have been recovered. In addition, a portion of the Fund’s brokerage fees will be paid to the clearing brokers for execution and clearing costs and the balance will be paid to Superfund Capital Management for providing services akin to services provided by an introducing broker. Superfund USA, LLC an entity related to Superfund Capital Management by common ownership, shall be paid monthly selling commissions equal to one-twelfth of 4% (4% per annum) of the month-end net asset value of the Fund. However, the maximum cumulative selling commission per Unit is limited to 10% of the initial public offering price of Units sold. Selling commissions charged as of the end of each month in excess of 10% of the initial public offering price of Units sold shall not be paid out to any selling agent but shall instead be held in a separate account. Accrued monthly performance fees, if any, will then be charged against both net assets of the Fund as of month-end, as well as against amounts held in the separate account. Any increase or decrease in net assets and any accrued interest will then be credited or charged to each investor (a “Limited Partner”) on a pro rata basis. The remainder of the amounts held in the separate account, if any, shall then be reinvested in Units as of such month-end, at the current net asset value, for the benefit of the appropriate Limited Partner. The amount of any distribution to a Limited Partner, any amount paid to a Limited Partner on redemption of Units and any redemption fee paid to Superfund Capital Management upon the redemption of Units will be charged to that Limited Partner. Selling commissions are shown gross on the statement of operations and amounts over the 10% selling commission threshold are rebated to the Limited Partner by purchasing Units of the Fund.

As of March 31, 2013, Superfund Capital Management owned 386.799 Units of Series A, representing 2.9% of the total issued Units of Series A, and 545.883 Units of Series B, representing 3.87% of the total issued Units of Series B, having a combined value of $1,156,616.

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Allocation of net profits and losses

3 Months Ended

Mar. 31, 2013

Allocation of net profits and losses

6. Allocation of net profits and losses

In accordance with the Fund’s Sixth Amended and Restated Limited Partnership Agreement, net profits and losses of the Fund are allocated to partners according to their respective interests in the Fund as of the beginning of each month.

Subscriptions received in advance, if any, represent cash received prior to the balance sheet date for subscriptions of the subsequent month and do not participate in the earnings of the Fund until the following month.

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Statements of Changes in Net Assets (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Increase (decrease) in net assets from operations
Net investment loss	$ (868,929)	$ (1,344,788)
Net realized gain (loss) on futures and forward contracts	3,872,640	(2,129,914)
Net change in unrealized appreciation (depreciation) on futures and forward contracts	(76,270)	(1,316,861)
Net increase (decrease) in net assets from operations	2,927,441	(4,791,563)
Capital share transactions
Issuance of Units	273,823	510,996
Redemption of Units	(3,754,723)	(6,064,765)
Net decrease in net assets from capital share transactions	(3,480,900)	(5,553,729)
Net decrease in net assets	(553,459)	(10,345,332)
Net assets, beginning of period	34,414,298	63,429,698
Net assets, end of period	33,860,839	53,084,366
SERIES A
Increase (decrease) in net assets from operations
Net investment loss	(389,603)	(630,599)
Net realized gain (loss) on futures and forward contracts	1,414,071	(912,453)
Net change in unrealized appreciation (depreciation) on futures and forward contracts	21,571	(507,038)
Net increase (decrease) in net assets from operations	1,046,039	(2,050,090)
Capital share transactions
Issuance of Units	119,441	244,909
Redemption of Units	(1,647,234)	(2,963,045)
Net decrease in net assets from capital share transactions	(1,527,793)	(2,718,136)
Net decrease in net assets	(481,754)	(4,768,226)
Net assets, beginning of period	16,557,336	30,877,886
Net assets, end of period	16,075,582	26,109,660
Units, beginning of period	14,646.201	24,863.954
Issuance of Units	102.786	187.031
Redemption of Units	(1,395.162)	(2,314.538)
Units, end of period	13,353.825	21,506.824
SERIES B
Increase (decrease) in net assets from operations
Net investment loss	(479,326)	(714,189)
Net realized gain (loss) on futures and forward contracts	2,458,569	(1,217,461)
Net change in unrealized appreciation (depreciation) on futures and forward contracts	(97,841)	(809,823)
Net increase (decrease) in net assets from operations	1,881,402	(2,741,473)
Capital share transactions
Issuance of Units	154,382	266,087
Redemption of Units	(2,107,489)	(3,101,720)
Net decrease in net assets from capital share transactions	(1,953,107)	(2,835,633)
Net decrease in net assets	(71,705)	(5,577,106)
Net assets, beginning of period	17,856,962	32,551,812
Net assets, end of period	$ 17,785,257	$ 26,974,706
Units, beginning of period	15,682.537	23,394.345
Issuance of Units	128.625	190.470
Redemption of Units	(1,716.371)	(2,310.876)
Units, end of period	14,094.791	21,273.939

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Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2013

Summary of Valuation of Fund's Assets and Liabilities

The following table summarizes the valuation of the Fund’s assets and liabilities by the ASC 820 fair value hierarchy as of March 31, 2013 and December 31, 2012:

Superfund Green, L.P.

	Balance March 31, 2013		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	119,657	$	—	$	119,657	$	—
Futures contracts sold		1,361,906		1,361,906		—		—
Futures contracts purchased		1,190,538		1,190,538		—		—
Total Assets Measured at Fair Value	$	2,672,101	$	2,552,444	$	119,657	$	—
LIABILITIES
Futures contracts sold	$	334,672	$	334,672	$	—	$	—
Futures contracts purchased		1,021,882		1,021,882		—		—
Unrealized depreciation on open forward contracts		47,753		—		47,753		—
Total Liabilities Measured at Fair Value	$	1,404,307	$	1,356,554	$	47,753	$	—

	Balance December 31, 2012		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	299,598	$	—	$	299,598	$	—
Futures contracts sold		314,602		314,602		—		—
Futures contracts purchased		906,553		906,553		—		—
Total Assets Measured at Fair Value	$	1,520,753	$	1,221,155	$	299,598	$	—
LIABILITIES
Unrealized depreciation on open forward contracts	$	176,689	$	—	$	176,689	$	—
Total Liabilities Measured at Fair Value	$	176,689	$	—	$	176,689	$	—

Superfund Green, L.P.—Series A

	Balance March 31, 2013		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	40,505	$	—	$	40,505	$	—
Futures contracts sold		526,643		526,643		—		—
Futures contracts purchased		439,476		439,476		—		—
Total Assets Measured at Fair Value	$	1,006,624	$	966,119	$	40,505	$	—
LIABILITIES
Futures contracts sold	$	127,120	$	127,120	$	—	$	—
Futures contracts purchased		381,741		381,741		—		—
Unrealized depreciation on open forward contracts		15,746		—		15,746		—
Total Liabilities Measured at Fair Value	$	524,607	$	508,861	$	15,746	$	—

	Balance December 31, 2012		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	89,246	$	—	$	89,246	$	—
Futures contracts sold		123,836		123,836		—		—
Futures contracts purchased		309,618		309,618		—		—
Total Assets Measured at Fair Value	$	522,700	$	433,454	$	89,246	$	—
LIABILITIES
Unrealized depreciation on open forward contracts	$	62,254	$	—	$	62,254	$	—
Total Liabilities Measured at Fair Value	$	62,254	$	—	$	62,254	$	—

Superfund Green, L.P.—Series B

	Balance March 31, 2013		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	79,152	$	—	$	79,152	$	—
Futures contracts sold		835,263		835,263		—		—
Futures contracts purchased		751,062		751,062		—		—
Total Assets Measured at Fair Value	$	1,665,477	$	1,586,325	$	79,152	$	—
LIABILITIES
Futures contracts sold	$	207,552	$	207,552	$	—	$	—
Futures contracts purchased		640,141		640,141		—		—
Unrealized depreciation on open forward contracts		32,007		—		32,007		—
Total Liabilities Measured at Fair Value	$	879,700	$	847,693	$	32,007	$	—

	Balance December 31, 2012		Level 1		Level 2		Level 3
ASSETS
Unrealized appreciation on open forward contracts	$	210,352	$	—	$	210,352	$	—
Futures contracts sold		190,766		190,766		—		—
Futures contracts purchased		596,935		596,935		—		—
Total Assets Measured at Fair Value	$	998,053	$	787,801	$	210,352	$	—
LIABILITIES
Unrealized depreciation on open forward contracts	$	114,435	$	—	$	114,435	$	—
Total Liabilities Measured at Fair Value	$	114,435	$	—	$	114,435	$	—

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Subscriptions and redemptions

3 Months Ended

Mar. 31, 2013

Subscriptions and redemptions

10. Subscriptions and redemptions

Investors must submit subscriptions at least five business days prior to the applicable month-end closing date and they will be accepted once payments are received and cleared. All subscription funds are required to be promptly transmitted to the escrow agent, U.S. Bank National Association. Subscriptions must be accepted or rejected by Superfund Capital Management within five business days of receipt, and the settlement date for the deposit of subscription funds in escrow must be within five business days of acceptance. No fees or costs will be assessed on any subscription while held in escrow, irrespective of whether the subscription is accepted or the subscription funds are returned.

A Limited Partner may request any or all of his investment in such Series be redeemed by such Series at the net asset value of a Unit within such Series as of the end of each month, subject to a minimum redemption of $1,000 and subject further to such Limited Partner having an investment in such Series, after giving effect to the requested redemption, at least equal to the minimum initial investment amount of $10,000. Limited Partners must transmit a written request of such redemption to Superfund Capital Management not less than five business days prior to the end of the month (or such shorter period as permitted by Superfund Capital Management) as of which the redemption is to be effective. Redemptions will generally be paid within twenty days after the effective date of the redemption. However, in special circumstances, including, but not limited to, inability to liquidate dealers’ positions as of a redemption date or default or delay in payments due to each Series from clearing brokers, banks or other persons or entities, each Series may in turn delay payment to persons requesting redemption of the proportionate part of the net assets of each Series represented by the sums that are subject of such default or delay. The Prospectus of the Fund dated May 1, 2013 included within the Registration Statement on Form S-1 (File No. 333-184998) provides if the net asset value per Unit within a Series as of the end of any business day declines by 50% or more from either the prior year-end or the prior month-end Unit value of such Series, Superfund Capital Management will suspend trading activities, notify all Limited Partners within such Series of the relevant facts within seven business days and declare a special redemption period.

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Financial highlights

3 Months Ended

Mar. 31, 2013

Financial highlights

8. Financial highlights

Financial highlights for the period January 1 through March 31 are as follows:

	2013						2012
	Series A			Series B			Series A			Series B
Total return before incentive fees*		6.5	%		10.8	%		(7.1	)%		(8.9	)%
Incentive fees		0.0	%		0.0	%		0.0	%		0.0	%
Total return after incentive fees		6.5	%		10.8	%		(7.1	)%		(8.9	)%
Ratios to average partners’ capital**
Operating expenses before incentive fees		2.4	%		2.6	%		2.1	%		2.3	%
Incentive fees		0.0	%		0.0	%		0.0	%		0.0	%
Total expenses		2.4	%		2.6	%		2.1	%		2.3	%
Net investment loss		(2.3	)%		(2.6	)%		(2.1	)%		(2.3	)%
Net asset value per unit, beginning of period	$	1,130.49		$	1,138.65		$	1,306.48		$	1,391.44
Net investment loss		(27.52	)		(31.69	)		(27.48	)		(31.38	)
Net gain on investments		100.85			154.87			(64.98	)		(92.09	)
Net asset value per unit, end of period	$	1,203.82		$	1,261.83		$	1,214.02		$	1,267.97
Other per Unit information:
Net increase (decrease) in net assets from operations per Unit (based upon weighted average number of Units during period)	$	74.73		$	125.97		$	(90.27	)	$	(121.61	)
Net increase (decrease) in net assets from operations per Unit (based upon change in net asset value per Unit)	$	73.33		$	123.18		$	(92.46	)	$	(123.47	)

* Total return is calculated for each Series of the Fund taken as a whole. An individual’s return may vary from these returns based on the timing of capital transactions.

** Annualized for periods less than a year.

Financial highlights are calculated for each series taken as a whole. An individual partner’s return, per unit data, and ratios may vary based on the timing of capital transactions.

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Financial instrument risk

3 Months Ended

Mar. 31, 2013

Financial instrument risk

9. Financial instrument risk

In the normal course of its business, the Fund is party to financial instruments with off-balance sheet risk, including derivative financial instruments and derivative commodity instruments. The term “off-balance sheet risk” refers to an unrecorded potential liability that, even though it does not appear on the balance sheet, may result in a future obligation or loss. These financial instruments may include forwards, futures and options, whose values are based upon an underlying asset, index, or reference rate, and generally represent future commitments to exchange currencies or cash flows, to purchase or sell other financial instruments at specific terms at specific future dates, or, in the case of derivative commodity instruments, to have a reasonable possibility to be settled in cash, through physical delivery or with another financial instrument. These instruments may be traded on an exchange or OTC. Exchange-traded instruments are standardized and include futures and certain option contracts. OTC contracts are negotiated between contracting parties and include forwards and certain options. Each of these instruments is subject to various risks similar to those related to the underlying financial instruments including market and credit risk. In general, the risks associated with OTC contracts are greater than those associated with exchange-traded instruments because of the greater risk of default by the counterparty to an OTC contract.

For the Fund, gross unrealized gains and losses related to exchange-traded futures were $2,552,447 and $1,356,557, respectively, and gross unrealized gains and losses related to non-exchange-traded forwards were $119,657 and $47,753, respectively, at March 31, 2013.

For Series A, gross unrealized gains and losses related to exchange-traded futures were $966,119 and $508,861, respectively, and gross unrealized gains and losses related to non-exchange-traded forwards were $40,505 and $15,746, respectively, at March 31, 2013.

For Series B, gross unrealized gains and losses related to exchange-traded futures were $1,586,328 and $847,696, respectively, and gross unrealized gains and losses related to non-exchange-traded forwards were $79,152 and $32,007, respectively, at March 31, 2013.

Market risk is the potential for changes in the value of the financial instruments traded by the Fund due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity or security prices. In entering into these contracts, there exists a market risk that such contracts may be significantly influenced by conditions such as interest rate volatility, resulting in such contracts being less valuable. If the markets should move against all of the futures interest positions at the same time, and Superfund Capital Management was unable to offset such positions, the Fund could experience substantial losses.

Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk with respect to exchange-traded instruments is reduced to the extent that an exchange or clearing organization acts as a counterparty to the transactions. The Fund’s risk of loss in the event of counterparty default is typically limited to the amounts recognized in the statements of assets and liabilities and not represented by the contract or notional amounts of the instruments. As the Fund’s assets are held in segregated accounts with futures commission merchants, the Fund has credit risk and concentration risk. The Fund’s futures commission merchants are currently ADM Investor Services, Inc. and Barclays Capital Inc.

Superfund Capital Management monitors and attempts to control the Fund’s risk exposure on a daily basis through financial, credit, and risk management monitoring systems, and accordingly believes that it has effective procedures for evaluating and limiting the credit and market risks to which the Fund is subject. These monitoring systems allow Superfund Capital Management to statistically analyze actual trading results with risk adjusted performance indicators and correlation statistics. In addition, on-line monitoring systems provide account analysis of futures and forward positions by sector, margin requirements, gain and loss transactions, and collateral positions.

The majority of these futures and forwards mature within one year of March 31, 2013. However, due to the nature of the Fund’s business, these instruments may not be held to maturity.

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Indemnification

3 Months Ended

Mar. 31, 2013

Indemnification

11. Indemnification

In the normal course of business, the Fund enters into contracts that provide general indemnifications. The Fund’s maximum exposure under these arrangements is dependent on future claims that may be made against the Fund, and therefore cannot be established; however, based on experience, the risk of loss from such claims is considered remote.

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Financial Instrument Risk - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2013
Exchange Traded Futures
Financial Instrument Risk [Line Items]
Gain On Derivative Instruments Pretax	$ 2,552,447
Loss On Derivative Instruments Pretax	1,356,557
Non Exchange Traded Forwards
Financial Instrument Risk [Line Items]
Gain On Derivative Instruments Pretax	119,657
Loss On Derivative Instruments Pretax	47,753
SERIES A | Exchange Traded Futures
Financial Instrument Risk [Line Items]
Gain On Derivative Instruments Pretax	966,119
Loss On Derivative Instruments Pretax	508,861
SERIES A | Non Exchange Traded Forwards
Financial Instrument Risk [Line Items]
Gain On Derivative Instruments Pretax	40,505
Loss On Derivative Instruments Pretax	15,746
SERIES B | Exchange Traded Futures
Financial Instrument Risk [Line Items]
Gain On Derivative Instruments Pretax	1,586,328
Loss On Derivative Instruments Pretax	847,696
SERIES B | Non Exchange Traded Forwards
Financial Instrument Risk [Line Items]
Gain On Derivative Instruments Pretax	79,152
Loss On Derivative Instruments Pretax	$ 32,007

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Financial highlights (Tables)

3 Months Ended

Mar. 31, 2013

Financial Highlights

Financial highlights for the period January 1 through March 31 are as follows:

	2013						2012
	Series A			Series B			Series A			Series B
Total return before incentive fees*		6.5	%		10.8	%		(7.1	)%		(8.9	)%
Incentive fees		0.0	%		0.0	%		0.0	%		0.0	%
Total return after incentive fees		6.5	%		10.8	%		(7.1	)%		(8.9	)%
Ratios to average partners’ capital**
Operating expenses before incentive fees		2.4	%		2.6	%		2.1	%		2.3	%
Incentive fees		0.0	%		0.0	%		0.0	%		0.0	%
Total expenses		2.4	%		2.6	%		2.1	%		2.3	%
Net investment loss		(2.3	)%		(2.6	)%		(2.1	)%		(2.3	)%
Net asset value per unit, beginning of period	$	1,130.49		$	1,138.65		$	1,306.48		$	1,391.44
Net investment loss		(27.52	)		(31.69	)		(27.48	)		(31.38	)
Net gain on investments		100.85			154.87			(64.98	)		(92.09	)
Net asset value per unit, end of period	$	1,203.82		$	1,261.83		$	1,214.02		$	1,267.97
Other per Unit information:
Net increase (decrease) in net assets from operations per Unit (based upon weighted average number of Units during period)	$	74.73		$	125.97		$	(90.27	)	$	(121.61	)
Net increase (decrease) in net assets from operations per Unit (based upon change in net asset value per Unit)	$	73.33		$	123.18		$	(92.46	)	$	(123.47	)

* Total return is calculated for each Series of the Fund taken as a whole. An individual’s return may vary from these returns based on the timing of capital transactions.

** Annualized for periods less than a year.

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Summary of Valuation of Funds Assets and Liabilities (Detail) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	$ 2,672,101	$ 1,520,753
Total Liabilities Measured at Fair Value	1,404,307	176,689
Unrealized appreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	119,657	299,598
Futures Contracts Sold
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	1,361,906	314,602
Total Liabilities Measured at Fair Value	334,672
Futures contract purchased
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	1,190,538	906,553
Total Liabilities Measured at Fair Value	1,021,882
Unrealized depreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities Measured at Fair Value	47,753	176,689
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	2,552,444	1,221,155
Total Liabilities Measured at Fair Value	1,356,554
Level 1 | Futures Contracts Sold
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	1,361,906	314,602
Total Liabilities Measured at Fair Value	334,672
Level 1 | Futures contract purchased
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	1,190,538	906,553
Total Liabilities Measured at Fair Value	1,021,882
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	119,657	299,598
Total Liabilities Measured at Fair Value	47,753	176,689
Level 2 | Unrealized appreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	119,657	299,598
Level 2 | Unrealized depreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities Measured at Fair Value	47,753	176,689
SERIES A
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	1,006,624	522,700
Total Liabilities Measured at Fair Value	524,607	62,254
SERIES A | Unrealized appreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	40,505	89,246
SERIES A | Futures Contracts Sold
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	526,643	123,836
Total Liabilities Measured at Fair Value	127,120
SERIES A | Futures contract purchased
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	439,476	309,618
Total Liabilities Measured at Fair Value	381,741
SERIES A | Unrealized depreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities Measured at Fair Value	15,746	62,254
SERIES A | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	966,119	433,454
Total Liabilities Measured at Fair Value	508,861
SERIES A | Level 1 | Futures Contracts Sold
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	526,643	123,836
Total Liabilities Measured at Fair Value	127,120
SERIES A | Level 1 | Futures contract purchased
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	439,476	309,618
Total Liabilities Measured at Fair Value	381,741
SERIES A | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	40,505	89,246
Total Liabilities Measured at Fair Value	15,746	62,254
SERIES A | Level 2 | Unrealized appreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	40,505	89,246
SERIES A | Level 2 | Unrealized depreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities Measured at Fair Value	15,746	62,254
SERIES B
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	1,665,477	998,053
Total Liabilities Measured at Fair Value	879,700	114,435
SERIES B | Unrealized appreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	79,152	210,352
SERIES B | Futures Contracts Sold
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	835,263	190,766
Total Liabilities Measured at Fair Value	207,552
SERIES B | Futures contract purchased
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	751,062	596,935
Total Liabilities Measured at Fair Value	640,141
SERIES B | Unrealized depreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities Measured at Fair Value	32,007	114,435
SERIES B | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	1,586,325	787,801
Total Liabilities Measured at Fair Value	847,693
SERIES B | Level 1 | Futures Contracts Sold
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	835,263	190,766
Total Liabilities Measured at Fair Value	207,552
SERIES B | Level 1 | Futures contract purchased
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	751,062	596,935
Total Liabilities Measured at Fair Value	640,141
SERIES B | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	79,152	210,352
Total Liabilities Measured at Fair Value	32,007	114,435
SERIES B | Level 2 | Unrealized appreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Assets Measured at Fair Value	79,152	210,352
SERIES B | Level 2 | Unrealized depreciation on open forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Liabilities Measured at Fair Value	$ 32,007	$ 114,435

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STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Cash flows from operating activities
Net increase (decrease) in net assets from operations	$ 2,927,441	$ (4,791,563)
Changes in operating assets and liabilities:
Purchases of U.S. government securities		(9,998,028)
Sales and maturities of U.S. government securities		17,650,000
Amortization of discounts and premiums		872
Increase in due from brokers	1,204,852	19,523,075
Increase in due from affiliate	187
Increase in unrealized appreciation on open forward contracts	179,941	103,930
Increase (decrease) in unrealized depreciation on open forward contracts	(128,936)	166,202
Increase in futures contracts purchased	737,897	751,399
Increase (decrease) in futures contracts sold	(712,632)	295,330
Decrease in management fee	(2,315)	(127,687)
Decrease in fees payable	50	(267,317)
Net cash provided by operating activities	4,206,485	23,306,213
Cash flows from financing activities
Subscriptions	273,823	366,296
Redemptions, net of change in redemptions payable	(4,764,675)	(5,983,184)
Net cash used in financing activities	(4,490,852)	(5,616,888)
Net increase (decrease) in cash	(284,367)	17,689,325
Cash, beginning of period	18,965,187	989,356
Cash, end of period	18,680,820	18,678,681
SERIES A
Cash flows from operating activities
Net increase (decrease) in net assets from operations	1,046,039	(2,050,090)
Changes in operating assets and liabilities:
Purchases of U.S. government securities		(4,699,071)
Sales and maturities of U.S. government securities		8,300,000
Amortization of discounts and premiums		408
Increase in due from brokers	1,146,125	10,380,332
Increase in due from affiliate	187
Increase in unrealized appreciation on open forward contracts	48,741	21,829
Increase (decrease) in unrealized depreciation on open forward contracts	(46,508)	70,842
Increase in futures contracts purchased	251,883	293,788
Increase (decrease) in futures contracts sold	(275,687)	120,579
Decrease in management fee	(1,828)	(59,642)
Decrease in fees payable	(2,319)	(122,650)
Net cash provided by operating activities	2,166,633	12,256,325
Cash flows from financing activities
Subscriptions	119,441	180,909
Redemptions, net of change in redemptions payable	(2,386,576)	(2,780,655)
Net cash used in financing activities	(2,267,135)	(2,599,746)
Net increase (decrease) in cash	(100,502)	9,656,579
Cash, beginning of period	10,113,907	333,206
Cash, end of period	10,013,405	9,989,785
SERIES B
Cash flows from operating activities
Net increase (decrease) in net assets from operations	1,881,402	(2,741,473)
Changes in operating assets and liabilities:
Purchases of U.S. government securities		(5,298,957)
Sales and maturities of U.S. government securities		9,350,000
Amortization of discounts and premiums		464
Increase in due from brokers	58,727	9,142,743
Increase in unrealized appreciation on open forward contracts	131,200	82,101
Increase (decrease) in unrealized depreciation on open forward contracts	(82,428)	95,360
Increase in futures contracts purchased	486,014	457,611
Increase (decrease) in futures contracts sold	(436,945)	174,751
Decrease in management fee	(487)	(68,045)
Decrease in fees payable	2,369	(144,667)
Net cash provided by operating activities	2,039,852	11,049,888
Cash flows from financing activities
Subscriptions	154,382	185,387
Redemptions, net of change in redemptions payable	(2,378,099)	(3,202,529)
Net cash used in financing activities	(2,223,717)	(3,017,142)
Net increase (decrease) in cash	(183,865)	8,032,746
Cash, beginning of period	8,851,280	656,150
Cash, end of period	$ 8,667,415	$ 8,688,896

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Due from/to brokers

3 Months Ended

Mar. 31, 2013

Due from/to brokers

5. Due from/to brokers

Due from brokers consists of proceeds from securities sold. Amounts due from brokers may be restricted to the extent that they serve as deposits for securities sold short. Amounts due to brokers, if any, represent margin borrowings that are collateralized by certain securities. As of March 31, 2013 and December 31, 2012, there were no amounts due to brokers.

In the normal course of business, all of the Fund’s marketable securities transactions, money balances and marketable security positions are transacted with brokers. The Fund is subject to credit risk to the extent any broker with whom it conducts business is unable to fulfill contractual obligations on its behalf.

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Fair Value of Funds Derivatives by Instrument Type (Detail) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Derivatives, Fair Value [Line Items]
Derivative Assets	$ 2,672,101	$ 1,520,753
Derivative Liabilities	(1,404,307)	(176,689)
Derivative Assets and Liabilities	1,267,794	1,344,064
Foreign exchange contracts | Unrealized appreciation on open forward contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	119,657	299,598
Derivative Assets and Liabilities	119,657	299,598
Foreign exchange contracts | Unrealized depreciation on open forward contracts
Derivatives, Fair Value [Line Items]
Derivative Liabilities	(47,753)	(176,689)
Derivative Assets and Liabilities	(47,753)	(176,689)
Futures contracts | Futures contract purchased
Derivatives, Fair Value [Line Items]
Derivative Assets	1,190,538	906,553
Derivative Liabilities	(1,021,882)
Derivative Assets and Liabilities	168,656	906,553
Futures contracts | Futures Contracts Sold
Derivatives, Fair Value [Line Items]
Derivative Assets	1,361,906	314,602
Derivative Liabilities	(334,672)
Derivative Assets and Liabilities	1,027,234	314,602
SERIES A
Derivatives, Fair Value [Line Items]
Derivative Assets	1,006,624	522,700
Derivative Liabilities	(524,607)	(62,254)
Derivative Assets and Liabilities	482,017	460,446
SERIES A | Foreign exchange contracts | Unrealized appreciation on open forward contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	40,505	89,246
Derivative Assets and Liabilities	40,505	89,246
SERIES A | Foreign exchange contracts | Unrealized depreciation on open forward contracts
Derivatives, Fair Value [Line Items]
Derivative Liabilities	(15,746)	(62,254)
Derivative Assets and Liabilities	(15,746)	(62,254)
SERIES A | Futures contracts | Futures contract purchased
Derivatives, Fair Value [Line Items]
Derivative Assets	439,476	309,618
Derivative Liabilities	(381,741)
Derivative Assets and Liabilities	57,735	309,618
SERIES A | Futures contracts | Futures Contracts Sold
Derivatives, Fair Value [Line Items]
Derivative Assets	526,643	123,836
Derivative Liabilities	(127,120)
Derivative Assets and Liabilities	399,523	123,836
SERIES B
Derivatives, Fair Value [Line Items]
Derivative Assets	1,665,477	998,053
Derivative Liabilities	(879,700)	(114,435)
Derivative Assets and Liabilities	785,777	883,618
SERIES B | Foreign exchange contracts | Unrealized appreciation on open forward contracts
Derivatives, Fair Value [Line Items]
Derivative Assets	79,152	210,352
Derivative Assets and Liabilities	79,152	210,352
SERIES B | Foreign exchange contracts | Unrealized depreciation on open forward contracts
Derivatives, Fair Value [Line Items]
Derivative Liabilities	(32,007)	(114,435)
Derivative Assets and Liabilities	(32,007)	(114,435)
SERIES B | Futures contracts | Futures contract purchased
Derivatives, Fair Value [Line Items]
Derivative Assets	751,062	596,935
Derivative Liabilities	(640,141)
Derivative Assets and Liabilities	110,921	596,935
SERIES B | Futures contracts | Futures Contracts Sold
Derivatives, Fair Value [Line Items]
Derivative Assets	835,263	190,766
Derivative Liabilities	(207,552)
Derivative Assets and Liabilities	$ 627,711	$ 190,766

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Disclosure of derivative instruments and hedging activities (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value of Funds Derivatives by Instrument Type

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of March 31, 2013, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at March 31, 2013		Liability Derivatives at March 31, 2013			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	119,657	$	—		$	119,657
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(47,753	)		(47,753	)
Futures contracts	Futures contracts purchased		1,190,538		(1,021,882	)		168,656
Futures contracts	Futures contracts sold		1,361,906		(334,672	)		1,027,234
Totals		$	2,672,101	$	(1,404,307	)	$	1,267,794

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2012, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at December 31, 2012		Liability Derivatives at December 31, 2012			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	299,598	$	—		$	299,598
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(176,689	)		(176,689	)
Futures contracts	Futures contracts purchased		906,553		—			906,553
Futures contracts	Futures contracts sold		314,602		—			314,602
Totals		$	1,520,753	$	(176,689	)	$	1,344,064

Effects of Derivative Instruments on Statement of Operations

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2013:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized loss on futures and forward contracts	$	(324,985	)	$	(51,005	)
Futures contracts	Realized and unrealized gain (loss) on futures and forward contracts		4,197,625			(25,265	)
Total		$	3,872,640		$	(76,270	)

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2012:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized gain (loss) on futures and forward contracts	$	92,368		$	(270,134	)
Futures contracts	Realized and unrealized loss on futures and forward contracts		(2,222,282	)		(1,046,727	)
Total		$	(2,129,914	)	$	(1,316,861	)

Gross and Net Unrealized Gains and Losses by Long and Short Positions

Superfund Green, L.P. gross and net unrealized gains and losses by long and short positions as of March 31, 2013 and December 31, 2012:

	As of March 31, 2013
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	9,383		0.0	*	$	(35,983	)		(0.1	)	$	110,274		0.3		$	(11,770	)		(0.1	)	$	71,904
Currency		49,323		0.1			(16,000	)		(0.0	)*		8,088		0.0	*		(43,019	)		(0.1	)		(1,608	)
Financial		539,882		1.6			(41,290	)		(0.1	)		—		—			(20,012	)		(0.1	)		478,580
Food & Fiber		2,375		0.0	*		(311,413	)		(0.9	)		67,552		0.2			—			—			(241,486	)
Indices		133,264		0.4			(169,373	)		(0.5	)		811		0.0	*		(18,329	)		(0.1	)		(53,627	)
Metals		695		0.0	*		(481,286	)		(1.4	)		1,183,572		3.5			—			—			702,981
Energy		465,001		1.4			(2,522	)		(0.0	)*		72,564		0.2			(243,483	)		(0.7	)		291,560
Livestock		—		—			—			—			29,320		0.1			(9,830	)		(0.0	)*		19,490
Totals	$	1,199,923		3.5		$	(1,057,867	)		(3.0	)	$	1,472,181		4.3		$	(346,443	)		(1.1	)	$	1,267,794

* Due to rounding

	As of December 31, 2012
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gain (Loss) on Open Positions
Foreign Exchange	$	299,300		0.9		$	(27,564	)		(0.1	)	$	298		0.0	*	$	(149,125	)		(0.4	)	$	122,909
Currency		148,788		0.4			(153,200	)		(0.4	)		305,562		0.9			(5,217	)		(0.0	)*		295,933
Financial		282,169		0.8			(35,118	)		(0.1	)		2,470		0.0	*		(13,501	)		(0.0	)*		236,020
Food & Fiber		1,350		0.0	*		(110	)		(0.0	)*		198,242		0.6			(2,910	)		(0.0	)*		196,572
Indices		515,158		1.5			(177,776	)		(0.5	)		—		—			(1,007	)		(0.0	)*		336,375
Metals		201,333		0.6			(56,090	)		(0.2	)		305,050		0.9			(743,794	)		(2.2	)		(293,501	)
Energy		180,319		0.5			(270	)		(0.0	)*		491,317		1.4			(221,610	)		(0.6	)		449,756
Totals	$	1,628,417		4.7		$	(450,128	)		(1.3	)	$	1,302,939		3.8		$	(1,137,164	)		(3.3	)	$	1,344,064

* Due to rounding

Average Contract Volume by Market Sector

Superfund Green, L.P. average* contract volume by market sector for the three months ended March 31, 2013:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		111		181	$	658,683	$	587,597
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		706		567
Financial		6,119		276
Food & Fiber		308		485
Indices		2,127		90
Metals		1,328		541
Energy		724		743
Livestock		—		203
Total		11,423		3,086

* Based on quarterly holdings

Superfund Green, L.P. average* contract volume by market sector for the three months ended March 31, 2012:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		160		99	$	1,294,358	$	1,174,224
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		1,608		929
Financial		3,476		636
Food & Fiber		321		382
Indices		1,461		712
Metals		1,361		266
Energy		72		239
Livestock		936		276
Total		9,395		3,539

* Based on quarterly holdings

Funds Trading Results by Market Sector

Superfund Green, L.P. trading results by market sector:

	For the Three Months Ended March 31, 2013
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains  (Losses)
Foreign Exchange	$	(324,985	)	$	(51,005	)	$	(375,990	)
Currency		82,174			(297,541	)		(215,367	)
Financial		(104,285	)		242,560			138,275
Food & Fiber		(57,948	)		(438,058	)		(496,006	)
Indices		2,708,023			(390,002	)		2,318,021
Metals		856,480			996,482			1,852,962
Livestock		262,170			19,490			281,660
Energy		451,011			(158,196	)		292,815
Total net trading gains	$	3,872,640		$	(76,270	)	$	3,796,370

	For the Three Months Ended March 31, 2012
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains  (Losses)
Foreign Exchange	$	92,368		$	(270,134	)	$	(177,766	)
Currency		(2,199,877	)		(429,495	)		(2,629,372	)
Financial		(1,539,652	)		75,807			(1,463,845	)
Food & Fiber		(978,538	)		(363,905	)		(1,342,443	)
Indices		(182,180	)		109,142			(73,038	)
Metals		(140,169	)		(626,246	)		(766,415	)
Livestock		(128,284	)		441,200			312,916
Energy		2,946,418			(253,230	)		2,693,188
Total net trading losses	$	(2,129,914	)	$	(1,316,861	)	$	(3,446,775	)

SERIES A

Fair Value of Funds Derivatives by Instrument Type

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of March 31, 2013, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at March 31, 2013		Liability Derivatives at March 31, 2013			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	40,505	$	—		$	40,505
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(15,746	)		(15,746	)
Futures contracts	Futures contracts purchased		439,476		(381,741	)		57,735
Futures contracts	Futures contracts sold		526,643		(127,120	)		399,523
Totals		$	1,006,624	$	(524,607	)	$	482,017

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2012, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at December 31, 2012		Liability Derivatives at December 31, 2012			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	89,246	$	—		$	89,246
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(62,254	)		(62,254	)
Futures contracts	Futures contracts purchased		309,618		—			309,618
Futures contracts	Futures contracts sold		123,836		—			123,836
Totals		$	522,700	$	(62,254	)	$	460,446

Effects of Derivative Instruments on Statement of Operations

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2013:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized  Appreciation (Depreciation) on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized loss on futures and forward contracts	$	(152,496	)	$	(2,233	)
Futures contracts	Realized and unrealized gain on futures and forward contracts		1,566,567			23,804
Total		$	1,414,071		$	21,571

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2012:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized gain (loss) on futures and forward contracts	$	27,182		$	(92,672	)
Futures contracts	Realized and unrealized loss on futures and forward contracts		(939,635	)		(414,366	)
Total		$	(912,453	)	$	(507,038	)

Gross and Net Unrealized Gains and Losses by Long and Short Positions

Superfund Green, L.P. – Series A gross and net unrealized gains and losses by long and short positions as of March 31, 2013 and December 31, 2012:

	As of March 31, 2013
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	1,939		0.1		$	(11,582	)		(0.1	)	$	38,566		0.2		$	(4,164	)		(0.0	)*	$	24,759
Currency		18,517		0.1			(6,000	)		(0.0	)*		3,319		0.0	*		(17,795	)		(0.1	)		(1,959	)
Financial		206,333		1.3			(15,531	)		(0.1	)		—		—			(7,636	)		(0.0	)*		183,166
Food & Fiber		1,050		0.0	*		(116,825	)		(0.7	)		23,614		0.1			—			—			(92,161	)
Indices		48,808		0.3			(56,630	)		(0.3	)		411		0.0	*		(5,308	)		(0.0	)*		(12,719	)
Metals		162		0.0	*		(186,192	)		(1.2	)		462,463		2.9			—			—			276,433
Energy		164,606		1.0			(563	)		(0.0	)*		30,346		0.2			(92,421	)		(0.6	)		101,968
Livestock		—		—			—			—			6,490		0.0	*		(3,960	)		(0.0	)*		2,530
Totals	$	441,415		2.8		$	(393,323	)		(2.4	)	$	565,209		3.4		$	(131,284	)		(0.7	)	$	482,017

* Due to rounding

	As of December 31, 2012
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	89,181		0.5		$	(9,816	)		(0.1	)	$	65		0.0	*	$	(52,438	)		(0.3	)	$	26,992
Currency		59,819		0.4			(62,740	)		(0.4	)		112,612		0.7			(2,103	)		(0.0	)*		107,588
Financial		113,718		0.7			(15,228	)		(0.1	)		1,185		0.0	*		(5,322	)		(0.0	)*		94,353
Food & Fiber		915		0.0	*		—			—			71,348		0.4			(1,248	)		(0.0	)*		71,015
Indices		176,408		1.1			(70,011	)		(0.4	)		—		—			(428	)		(0.0	)*		105,969
Metals		69,944		0.4			(22,498	)		(0.1	)		122,925		0.7			(287,400	)		(1.7	)		(117,029	)
Energy		59,561		0.4			(270	)		(0.0	)*		187,282		1.2			(75,015	)		(0.5	)		171,558
Totals	$	569,546		3.4		$	(180,563	)		(1.1	)	$	495,417		3.0		$	(423,954	)		(2.5	)	$	460,446

* Due to rounding

Average Contract Volume by Market Sector

Series A average* contract volume by market sector for the three months ended March 31, 2013:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		52		80	$	233,722	$	224,682
	Average Number of Long Contracts		Average Number of  Short Contracts
Currency		273		216
Financial		2,380		108
Food & Fiber		115		188
Indices		796		34
Metals		524		211
Energy		277		281
Livestock		—		79
Total		4,417		1,197

* Based on quarterly holdings

Series A average* contract volume by market sector for the three months ended March 31, 2012:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		75		47	$	474,513	$	429,754
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		659		383
Financial		1,397		240
Food & Fiber		130		152
Indices		579		288
Metals		554		103
Livestock		29		94
Energy		380		110
Totals		3,803		1,417

* Based on quarterly holdings

Funds Trading Results by Market Sector

Series A trading results by market sector:

	For the Three Months Ended March 31, 2013
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	(152,496	)	$	(2,233	)	$	(154,729	)
Currency		31,594			(109,547	)		(77,953	)
Financial		(48,161	)		88,813			40,652
Food & Fiber		(17,156	)		(163,176	)		(180,332	)
Indices		984,240			(118,688	)		865,552
Metals		314,072			393,462			707,534
Livestock		106,110			2,530			108,640
Energy		195,868			(69,590	)		126,278
Total net trading gains	$	1,414,071		$	21,571		$	1,435,642

	For the Three Months Ended March 31, 2012
	Net Realized Gain (Losses)			Change in  Net Unrealized Gain (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	27,182		$	(92,672	)	$	(65,490	)
Currency		(923,845	)		(162,007	)		(1,085,852	)
Financial		(623,614	)		35,406			(588,208	)
Food & Fiber		(394,315	)		(155,701	)		(550,016	)
Indices		(59,412	)		26,539			(32,873	)
Metals		(70,445	)		(230,431	)		(300,876	)
Livestock		(50,524	)		169,510			118,986
Energy		1,182,520			(97,682	)		1,084,838
Total net trading losses	$	(912,453	)	$	(507,038	)	$	(1,419,491	)

SERIES B

Fair Value of Funds Derivatives by Instrument Type

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of March 31, 2013, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at March 31, 2013		Liability Derivatives at March 31, 2013			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	79,152	$	—		$	79,152
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(32,007	)		(32,007	)
Futures contracts	Futures contracts purchased		751,062		(640,141	)		110,921
Futures contracts	Futures contracts sold		835,263		(207,552	)		627,711
Totals		$	1,665,477	$	(879,700	)	$	785,777

The fair value of the Fund’s derivatives by instrument type, as well as the location of those instruments on the Statement of Assets and Liabilities, as of December 31, 2012, is as follows:

Type of Instrument	Statement of Assets and Liabilities Location	Asset Derivatives at December 31, 2012		Liability Derivatives at December  31, 2012			Net
Foreign exchange contracts	Unrealized appreciation on open forward contracts	$	210,352	$	—		$	210,352
Foreign exchange contracts	Unrealized depreciation on open forward contracts		—		(114,435	)		(114,435	)
Futures contracts	Futures contracts purchased		596,935		—			596,935
Futures contracts	Futures contracts sold		190,766		—			190,766
Totals		$	998,053	$	(114,435	)	$	883,618

Effects of Derivative Instruments on Statement of Operations

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2013:

Derivatives not Designated as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Realized and unrealized loss on futures and forward contracts	$	(172,489	)	$	(48,772	)
Futures contracts	Realized and unrealized gain (loss) on futures and forward contracts		2,631,058			(49,069	)
Total		$	2,458,569		$	(97,841	)

Effects of Derivative Instruments on the Statement of Operations for the three months ended March 31, 2012:

Derivatives Not Accounted for as Hedging Instruments under ASC 815	Location of Gain (Loss) on Derivatives Recognized in Income	Net Realized Gain (Loss) on Derivatives Recognized in Income			Net Change in Unrealized  Depreciation on Derivatives Recognized in Income
Foreign exchange contracts	Net realized and unrealized gain (loss) on futures and forward contracts	$	65,186		$	(177,462	)
Futures contracts	Net realized and unrealized loss on futures and forward contracts		(1,282,647	)		(632,361	)
Total		$	(1,217,461	)	$	(809,823	)

Gross and Net Unrealized Gains and Losses by Long and Short Positions

Superfund Green, L.P. – Series B gross and net unrealized gains and losses by long and short positions as of March 31, 2013 and December 30, 2012:

	As of March 31, 2013
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	7,444		0.0	*	$	(24,401	)		(0.1	)	$	71,708		0.4		$	(7,606	)		(0.0	)*	$	47,145
Currency		30,806		0.2			(10,000	)		(0.1	)		4,769		0.0	*		(25,224	)		(0.1	)		351
Financial		333,549		1.9			(25,759	)		(0.1	)		—		—			(12,376	)		(0.1	)		295,414
Food & Fiber		1,325		0.0	*		(194,588	)		(1.1	)		43,938		0.2			—			—			(149,325	)
Indices		84,456		0.4			(112,743	)		(0.6	)		400		0.0	*		(13,021	)		(0.1	)		(40,908	)
Metals		533		0.0	*		(295,094	)		(1.7	)		721,109		4.1			—			—			426,548
Energy		300,395		1.7			(1,959	)		(0.0	)*		42,218		0.2			(151,062	)		(0.8	)		189,592
Livestock		—		—			—			—			22,830		0.1			(5,870	)		(0.0	)*		16,960
Totals	$	758,508		4.2		$	(664,544	)		(3.7	)	$	906,972		5.0		$	(215,159	)		(1.1	)	$	785,777

* Due to rounding

	As of December 31, 2012
	Long Positions Gross Unrealized											Short Positions Gross Unrealized
	Gains		% of Net Assets			Losses			% of Net Assets			Gains		% of Net Assets			Losses			% of Net Assets			Net Unrealized Gains  (Losses) on Open Positions
Foreign Exchange	$	210,119		1.2		$	(17,748	)		(0.1	)	$	233		0.0	*	$	(96,687	)		(0.5	)	$	95,917
Currency		88,969		0.5			(90,460	)		(0.5	)		192,950		1.1			(3,114	)		(0.0	)*		188,345
Financial		168,451		0.9			(19,890	)		(0.1	)		1,285		0.0	*		(8,179	)		(0.0	)*		141,667
Food & Fiber		435		0.0	*		(110	)		(0.0	)*		126,894		0.7			(1,662	)		(0.0	)*		125,557
Indices		338,750		1.9			(107,765	)		(0.6	)		—		—			(579	)		(0.0	)*		230,406
Metals		131,389		0.7			(33,592	)		(0.2	)		182,125		1.0			(456,394	)		(2.5	)		(176,472	)
Energy		120,758		0.7			—			—			304,035		1.7			(146,595	)		(0.9	)		278,198
Totals	$	1,058,871		5.9		$	(269,565	)		(1.5	)	$	807,522		4.5		$	(713,210	)		(3.9	)	$	883,618

* Due to rounding

Average Contract Volume by Market Sector

Series B average* contract volume by market sector for the three months ended March 31, 2013:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		59		101	$	424,961	$	362,915
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		433		351
Financial		3,739		168
Food & Fiber		193		297
Indices		1,331		56
Metals		804		330
Energy		447		462
Livestock		—		124
Total		7,006		1,889

* Based on quarterly holdings

Series B average* contract volume by market sector for the three months ended March 31, 2012:

	Average Number of Long Contracts		Average Number of Short Contracts		Average Value of Long Positions		Average Value of Short Positions
Foreign Exchange		85		52	$	819,845	$	744,470
	Average Number of Long Contracts		Average Number of Short Contracts
Currency		949		546
Financial		2,079		396
Food & Fiber		191		230
Indices		882		424
Metals		807		163
Livestock		43		145
Energy		556		166
Totals		5,592		2,122

* Based on quarterly holdings

Funds Trading Results by Market Sector

The Fund’s trading results by market sector:

	For the Three Months Ended March 31, 2013
	Net Realized Gains (Losses)			Change in  Net Unrealized Gains (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	(172,489	)	$	(48,772	)	$	(221,261	)
Currency		50,580			(187,994	)		(137,414	)
Financial		(56,124	)		153,747			97,623
Food & Fiber		(40,792	)		(274,882	)		(315,674	)
Indices		1,723,783			(271,314	)		1,452,469
Metals		542,408			603,020			1,145,428
Livestock		156,060			16,960			173,020
Energy		255,143			(88,606	)		166,537
Total net trading gains (losses)	$	2,458,569		$	(97,841	)	$	2,360,728

	For the Three Months Ended March 31, 2012
	Net Realized Gains (Losses)			Change in Net Unrealized Gains (Losses)			Net Trading Gains (Losses)
Foreign Exchange	$	65,186		$	(177,462	)	$	(112,276	)
Currency		(1,276,032	)		(267,488	)		(1,543,520	)
Financial		(916,038	)		40,401			(875,637	)
Food & Fiber		(584,223	)		(208,204	)		(792,427	)
Indices		(122,768	)		82,603			(40,165	)
Metals		(69,724	)		(395,815	)		(465,539	)
Livestock		(77,760	)		271,690			193,930
Energy		1,763,898			(155,548	)		1,608,350
Total net trading losses	$	(1,217,461	)	$	(809,823	)	$	(2,027,284	)