CFTC COT report for 7 January 2025

Week-ended positions · TFF Futures Only and Disaggregated Futures Only · 42 reviewed markets · processed 26 Jul 2026, 17:39

Financial TFF: available · Commodity Disaggregated: available

Official CFTC source

Largest Leveraged Fund changes

TFF financial futures ranked by absolute weekly contract change.

CFTC positioning observations
Report dateMarketParticipantLongShortNetWeekly change4-report change52-report context
2025-01-07US 2YLeveraged Funds385,5732,613,245-2,227,672+80,432+245,49140th percentile
2025-01-07US 10YLeveraged Funds425,2701,865,453-1,440,183+62,720+267,49060th percentile
2025-01-07US BondLeveraged Funds328,569783,133-454,564+32,461+51,39348th percentile
2025-01-07US 5YLeveraged Funds410,3053,222,943-2,812,638+28,469-36,19242th percentile
2025-01-07S&P 500Leveraged Funds151,126489,620-338,494-13,887-41,84242th percentile
2025-01-07Ultra BondLeveraged Funds85,081602,882-517,801+12,035+5,93096th percentile
2025-01-07JPYLeveraged Funds24,05777,219-53,162-10,844-29,59750th percentile
2025-01-07CADLeveraged Funds5,550100,129-94,579-9,722-15,1318th percentile

Largest Asset Manager/Institutional changes

Ranked separately because official participant categories should not be combined.

CFTC positioning observations
Report dateMarketParticipantLongShortNetWeekly change4-report change52-report context
2025-01-07US 2YAsset Manager/Institutional2,376,862357,979+2,018,883-79,878-41,23962th percentile
2025-01-07US BondAsset Manager/Institutional1,024,502478,772+545,730-42,486-8,26287th percentile
2025-01-07US 10YAsset Manager/Institutional2,493,589827,347+1,666,242+29,804+102,66888th percentile
2025-01-07Russell 2000Asset Manager/Institutional224,59087,143+137,447-17,794-38,68585th percentile
2025-01-07US 5YAsset Manager/Institutional3,589,219614,997+2,974,222+17,055+151,26396th percentile
2025-01-07AUDAsset Manager/Institutional45,19888,044-42,846+14,000-8,07360th percentile
2025-01-07S&P 500Asset Manager/Institutional1,155,929164,208+991,721+7,658-97,71267th percentile
2025-01-07Nasdaq-100Asset Manager/Institutional95,53730,317+65,220-3,405-14,2298th percentile

Largest Managed Money commodity changes

Disaggregated commodity futures ranked independently from TFF categories.

CFTC positioning observations
Report dateMarketParticipantLongShortSpreadNetWeekly changeNet / OI4-report change52-report context
2025-01-07WTI Crude OilManaged Money295,75641,877424,319+253,879+50,83112.96%+148,911100th percentile
2025-01-07Natural GasManaged Money184,255162,359542,972+21,896+25,6961.41%+101,67992th percentile
2025-01-07CornManaged Money353,322109,607254,908+243,715+19,81914.48%+78,143100th percentile
2025-01-07PlatinumManaged Money39,74234,7533,715+4,989+13,3885.89%+1,24954th percentile
2025-01-07Live CattleManaged Money154,66110,17549,719+144,486+13,28838.51%+15,724100th percentile
2025-01-07GoldManaged Money191,87314,23254,656+177,641+11,47237.23%-18,43765th percentile
2025-01-07Lean HogsManaged Money103,31210,45240,668+92,860-11,04730.70%-43,14679th percentile
2025-01-07SoybeansManaged Money109,641124,03791,477-14,396+10,788-1.78%+16,19898th percentile

Largest Producer/Merchant/Processor/User changes

Physical commodity business participants remain in their official category.

CFTC positioning observations
Report dateMarketParticipantLongShortSpreadNetWeekly changeNet / OI4-report change52-report context
2025-01-07CornProducer/Merchant/Processor/User372,163920,395-548,232-23,374-32.58%-92,7832th percentile
2025-01-07SoybeansProducer/Merchant/Processor/User303,693342,975-39,282-21,488-4.86%-24,06015th percentile
2025-01-07Live CattleProducer/Merchant/Processor/User35,201184,057-148,856-11,448-39.67%-11,6042th percentile
2025-01-07Lean HogsProducer/Merchant/Processor/User21,348138,755-117,407+9,377-38.81%+28,41221th percentile
2025-01-07RBOB GasolineProducer/Merchant/Processor/User121,711204,143-82,432-9,107-21.71%+4,88044th percentile
2025-01-07NY Harbor ULSDProducer/Merchant/Processor/User110,090197,470-87,380-6,465-23.53%-45,01331th percentile
2025-01-07Natural GasProducer/Merchant/Processor/User199,262253,227-53,965-6,026-3.48%-30,44365th percentile
2025-01-07Soybean MealProducer/Merchant/Processor/User154,835240,709-85,874+5,620-15.96%+9,35379th percentile

Net-position flips

Crossings from net-long to net-short or the reverse relative to the preceding available report.

CFTC positioning observations
Report dateMarketParticipantLongShortSpreadNetWeekly changeNet / OI4-report change52-report context
2025-01-07Dow JonesAsset Manager/Institutional13,17511,982+1,193+2,2221.39%-13,16813th percentile
2025-01-07Russell 2000Other Reportables20,22620,257-31-7,3220.00%-15,80254th percentile
2025-01-07BitcoinOther Reportables1,3361,068+268+1,5030.76%-22242th percentile
2025-01-07VIXAsset Manager/Institutional43,11843,108+10+1,7010.00%+14,91479th percentile
2025-01-07CocoaOther Reportables7,5536,8976,707+656+2,1850.51%+1,93246th percentile
2025-01-07Rough RiceNon-Reportable2,1391,966+173+2251.39%+1921th percentile
2025-01-07Sugar No. 11Other Reportables77,53276,36645,811+1,166+5,9570.12%+14,91731th percentile
2025-01-07Kansas City HRW WheatNon-Reportable16,77918,095-1,316-1,499-0.47%+11681th percentile
2025-01-07Natural GasManaged Money184,255162,359542,972+21,896+25,6961.41%+101,67992th percentile
2025-01-07CopperOther Reportables20,15222,0649,371-1,912-6,990-0.87%+66817th percentile
2025-01-07CopperManaged Money69,43463,25224,741+6,182+10,5012.82%-7,35723th percentile
2025-01-07PlatinumManaged Money39,74234,7533,715+4,989+13,3885.89%+1,24954th percentile