CFTC COT report for 14 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 sourceLargest Leveraged Fund changes
TFF financial futures ranked by absolute weekly contract change.
| Report date | Market | Participant | Long | Short | Net | Weekly change | 4-report change | 52-report context |
|---|---|---|---|---|---|---|---|---|
| 2025-01-14 | US 10Y | Leveraged Funds | 493,736 | 1,761,347 | -1,267,611 | +172,572 | +353,595 | 73th percentile |
| 2025-01-14 | US 5Y | Leveraged Funds | 389,600 | 3,117,048 | -2,727,448 | +85,190 | -1,527 | 52th percentile |
| 2025-01-14 | S&P 500 | Leveraged Funds | 151,543 | 448,908 | -297,365 | +41,129 | -41,198 | 62th percentile |
| 2025-01-14 | US 2Y | Leveraged Funds | 413,574 | 2,659,516 | -2,245,942 | -18,270 | +169,375 | 38th percentile |
| 2025-01-14 | GBP | Leveraged Funds | 67,791 | 32,917 | +34,874 | -12,439 | -19,667 | 38th percentile |
| 2025-01-14 | Ultra Bond | Leveraged Funds | 94,807 | 621,456 | -526,649 | -8,848 | -12,553 | 92th percentile |
| 2025-01-14 | Russell 2000 | Leveraged Funds | 59,123 | 105,379 | -46,256 | -6,952 | -616 | 60th percentile |
| 2025-01-14 | CAD | Leveraged Funds | 6,876 | 94,932 | -88,056 | +6,523 | -14,163 | 15th percentile |
Largest Asset Manager/Institutional changes
Ranked separately because official participant categories should not be combined.
| Report date | Market | Participant | Long | Short | Net | Weekly change | 4-report change | 52-report context |
|---|---|---|---|---|---|---|---|---|
| 2025-01-14 | US 2Y | Asset Manager/Institutional | 2,419,742 | 310,544 | +2,109,198 | +90,315 | -16,489 | 77th percentile |
| 2025-01-14 | S&P 500 | Asset Manager/Institutional | 1,113,230 | 187,638 | +925,592 | -66,129 | -115,320 | 21th percentile |
| 2025-01-14 | US 5Y | Asset Manager/Institutional | 3,556,938 | 631,025 | +2,925,913 | -48,309 | +141,068 | 85th percentile |
| 2025-01-14 | US 10Y | Asset Manager/Institutional | 2,497,529 | 863,638 | +1,633,891 | -32,351 | +68,683 | 77th percentile |
| 2025-01-14 | Russell 2000 | Asset Manager/Institutional | 208,077 | 85,585 | +122,492 | -14,955 | -47,637 | 83th percentile |
| 2025-01-14 | Ultra Bond | Asset Manager/Institutional | 1,127,373 | 444,638 | +682,735 | -12,782 | +22,959 | 27th percentile |
| 2025-01-14 | JPY | Asset Manager/Institutional | 52,052 | 72,161 | -20,109 | -10,530 | -14,379 | 65th percentile |
| 2025-01-14 | EUR | Asset Manager/Institutional | 332,942 | 175,066 | +157,876 | +6,613 | -5,136 | 8th percentile |
Largest Managed Money commodity changes
Disaggregated commodity futures ranked independently from TFF categories.
| Report date | Market | Participant | Long | Short | Spread | Net | Weekly change | Net / OI | 4-report change | 52-report context |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-01-14 | Soybeans | Managed Money | 138,614 | 80,287 | 90,433 | +58,327 | +72,723 | 7.06% | +115,403 | 100th percentile |
| 2025-01-14 | Corn | Managed Money | 389,883 | 97,720 | 274,603 | +292,163 | +48,448 | 15.88% | +134,458 | 100th percentile |
| 2025-01-14 | Sugar No. 11 | Managed Money | 140,372 | 138,180 | 112,120 | +2,192 | -46,469 | 0.22% | -85,271 | 25th percentile |
| 2025-01-14 | Soybean Oil | Managed Money | 73,041 | 64,850 | 65,323 | +8,191 | +42,741 | 1.45% | +6,809 | 81th percentile |
| 2025-01-14 | Natural Gas | Managed Money | 197,706 | 140,846 | 565,263 | +56,860 | +34,964 | 3.61% | +123,165 | 100th percentile |
| 2025-01-14 | Gold | Managed Money | 206,968 | 11,346 | 49,132 | +195,622 | +17,981 | 37.15% | +12,120 | 87th percentile |
| 2025-01-14 | WTI Crude Oil | Managed Money | 290,600 | 54,358 | 393,366 | +236,242 | -17,637 | 12.45% | +71,855 | 94th percentile |
| 2025-01-14 | NY Harbor ULSD | Managed Money | 38,889 | 39,372 | 33,367 | -483 | +9,440 | -0.13% | +31,409 | 65th percentile |
Largest Producer/Merchant/Processor/User changes
Physical commodity business participants remain in their official category.
| Report date | Market | Participant | Long | Short | Spread | Net | Weekly change | Net / OI | 4-report change | 52-report context |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-01-14 | Soybeans | Producer/Merchant/Processor/User | 287,900 | 397,137 | — | -109,237 | -69,955 | -13.23% | -120,032 | 2th percentile |
| 2025-01-14 | Sugar No. 11 | Producer/Merchant/Processor/User | 338,337 | 367,955 | — | -29,618 | +53,683 | -2.99% | +80,598 | 85th percentile |
| 2025-01-14 | Corn | Producer/Merchant/Processor/User | 419,647 | 1,017,844 | — | -598,197 | -49,965 | -32.51% | -140,043 | 2th percentile |
| 2025-01-14 | Soybean Oil | Producer/Merchant/Processor/User | 153,421 | 300,854 | — | -147,433 | -36,145 | -26.14% | -6,755 | 23th percentile |
| 2025-01-14 | Natural Gas | Producer/Merchant/Processor/User | 204,722 | 280,249 | — | -75,527 | -21,562 | -4.80% | -51,032 | 44th percentile |
| 2025-01-14 | Soybean Meal | Producer/Merchant/Processor/User | 156,108 | 254,816 | — | -98,708 | -12,834 | -17.69% | -18,650 | 62th percentile |
| 2025-01-14 | NY Harbor ULSD | Producer/Merchant/Processor/User | 99,214 | 197,702 | — | -98,488 | -11,108 | -26.53% | -41,898 | 4th percentile |
| 2025-01-14 | Copper | Producer/Merchant/Processor/User | 26,939 | 64,140 | — | -37,201 | -6,205 | -17.79% | -833 | 77th percentile |
Net-position flips
Crossings from net-long to net-short or the reverse relative to the preceding available report.
| Report date | Market | Participant | Long | Short | Spread | Net | Weekly change | Net / OI | 4-report change | 52-report context |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-01-14 | Dow Jones | Asset Manager/Institutional | 10,423 | 13,752 | — | -3,329 | -4,522 | -4.07% | -6,286 | 2th percentile |
| 2025-01-14 | Dow Jones | Other Reportables | 0 | 579 | — | -579 | -1,059 | -0.70% | +405 | 81th percentile |
| 2025-01-14 | Russell 2000 | Other Reportables | 19,845 | 19,693 | — | +152 | +183 | 0.03% | +836 | 54th percentile |
| 2025-01-14 | Rough Rice | Non-Reportable | 1,784 | 1,990 | — | -206 | -379 | -1.74% | -208 | 4th percentile |
| 2025-01-14 | Soybean Oil | Non-Reportable | 28,665 | 29,097 | — | -432 | -634 | -0.07% | -1,648 | 6th percentile |
| 2025-01-14 | Soybean Oil | Managed Money | 73,041 | 64,850 | 65,323 | +8,191 | +42,741 | 1.45% | +6,809 | 81th percentile |
| 2025-01-14 | Soybeans | Managed Money | 138,614 | 80,287 | 90,433 | +58,327 | +72,723 | 7.06% | +115,403 | 100th percentile |
| 2025-01-14 | Sugar No. 11 | Non-Reportable | 64,921 | 69,170 | — | -4,249 | -8,279 | -0.43% | -16,064 | 23th percentile |