In his "lost notebook'', Ramanujan used iterated derivatives of two theta functions to define sequences of $q$-series $\{U_{2t}(q)\}$ and $\{V_{2t}(q)\}$ that he claimed to be quasimodular. We give the first explicit proof of this claim by expressing them in terms of "partition Eisenstein series'', extensions of the classical Eisenstein series $E_{2k}(q)$ defined by $$λ=(1^{m_1}, 2^{m_2},\dots, n^{m_n}) \vdash n \ \ \ \ \ \longmapsto \ \ \ \ \ E_λ(q):= E_2(q)^{m_1} E_4(q)^{m_2}\cdots E_{2n}(q)^{m_n}. $$ For functions $φ: \mathcal{P}\mapsto \mathbb{C}$ on partitions, the weight $2n$ partition Eisenstein trace is $$ \text{Tr}_n(φ;q):=\sum_{λ\vdash n} φ(λ)E_λ(q). $$ For all $t$, we prove that $U_{2t}(q)=\text{Tr}_t(φ_U;q)$ and $V_{2t}(q)=\text{Tr}_t(φ_V;q),$ where $φ_U$ and $φ_V$ are natural partition weights, giving the first explicit quasimodular formulas for these series.