CFTC COT report for 18 February 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 |
|---|---|---|---|---|---|---|---|---|
| 2025-02-18 | US 5Y | Leveraged Funds | 382,074 | 3,263,234 | -2,881,160 | +174,883 | -184,663 | 38th percentile |
| 2025-02-18 | US 10Y | Leveraged Funds | 530,433 | 1,913,104 | -1,382,671 | +162,078 | -30,641 | 58th percentile |
| 2025-02-18 | US 2Y | Leveraged Funds | 408,866 | 2,411,033 | -2,002,167 | +83,544 | +118,622 | 69th percentile |
| 2025-02-18 | Nasdaq-100 | Leveraged Funds | 40,127 | 108,348 | -68,221 | -15,917 | -28,069 | 2th percentile |
| 2025-02-18 | US Bond | Leveraged Funds | 376,899 | 816,910 | -440,011 | +10,039 | -10,648 | 58th percentile |
| 2025-02-18 | EUR | Leveraged Funds | 89,424 | 100,651 | -11,227 | +9,600 | +24,007 | 50th percentile |
| 2025-02-18 | AUD | Leveraged Funds | 15,678 | 49,025 | -33,347 | +9,148 | +3,312 | 13th percentile |
| 2025-02-18 | JPY | Leveraged Funds | 43,974 | 67,824 | -23,850 | +7,169 | +15,786 | 71th 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 |
|---|---|---|---|---|---|---|---|---|
| 2025-02-18 | US 5Y | Asset Manager/Institutional | 3,698,054 | 682,354 | +3,015,700 | -123,123 | +126,968 | 92th percentile |
| 2025-02-18 | US 2Y | Asset Manager/Institutional | 2,268,693 | 313,265 | +1,955,428 | -52,911 | -34,725 | 48th percentile |
| 2025-02-18 | US 10Y | Asset Manager/Institutional | 2,479,135 | 961,413 | +1,517,722 | -46,653 | -152,535 | 48th percentile |
| 2025-02-18 | S&P 500 | Asset Manager/Institutional | 1,136,814 | 185,795 | +951,019 | +16,455 | +18,286 | 40th percentile |
| 2025-02-18 | EUR | Asset Manager/Institutional | 346,446 | 173,913 | +172,533 | +12,288 | +11,655 | 23th percentile |
| 2025-02-18 | GBP | Asset Manager/Institutional | 40,426 | 96,902 | -56,476 | +11,589 | +7,855 | 35th percentile |
| 2025-02-18 | VIX | Asset Manager/Institutional | 72,619 | 69,907 | +2,712 | +10,684 | -3,385 | 77th percentile |
| 2025-02-18 | Ultra Bond | Asset Manager/Institutional | 1,094,340 | 399,733 | +694,607 | +10,001 | +8,163 | 38th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-02-18 | Corn | Managed Money | 438,583 | 78,850 | 394,791 | +359,733 | +33,489 | 17.36% | +38,049 | 98th percentile |
| 2025-02-18 | Natural Gas | Managed Money | 241,387 | 137,356 | 532,495 | +104,031 | +29,981 | 6.59% | +56,132 | 100th percentile |
| 2025-02-18 | Sugar No. 11 | Managed Money | 126,211 | 139,716 | 116,722 | -13,505 | +28,211 | -1.36% | +34,726 | 23th percentile |
| 2025-02-18 | Chicago SRW Wheat | Managed Money | 79,599 | 127,443 | 90,834 | -47,844 | +26,329 | -10.93% | +41,735 | 71th percentile |
| 2025-02-18 | WTI Crude Oil | Managed Money | 189,761 | 83,869 | 376,556 | +105,892 | -24,412 | 6.04% | -141,553 | 13th percentile |
| 2025-02-18 | Gold | Managed Money | 222,538 | 37,209 | 42,964 | +185,329 | -9,474 | 35.48% | -30,540 | 67th percentile |
| 2025-02-18 | Soybean Meal | Managed Money | 55,649 | 109,920 | 87,660 | -54,271 | -9,450 | -9.23% | +5,162 | 21th percentile |
| 2025-02-18 | Lean Hogs | Managed Money | 118,682 | 6,937 | 39,405 | +111,745 | +9,357 | 33.74% | +21,052 | 85th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-02-18 | Corn | Producer/Merchant/Processor/User | 383,524 | 1,096,835 | — | -713,311 | -35,954 | -34.43% | -55,402 | 2th percentile |
| 2025-02-18 | Sugar No. 11 | Producer/Merchant/Processor/User | 324,146 | 335,294 | — | -11,148 | -25,947 | -1.12% | -47,647 | 83th percentile |
| 2025-02-18 | Soybeans | Producer/Merchant/Processor/User | 325,382 | 417,130 | — | -91,748 | +16,823 | -10.16% | +34,718 | 12th percentile |
| 2025-02-18 | Cotton No. 2 | Producer/Merchant/Processor/User | 67,999 | 85,567 | — | -17,568 | -12,585 | -6.31% | -15,530 | 60th percentile |
| 2025-02-18 | Chicago SRW Wheat | Producer/Merchant/Processor/User | 55,410 | 79,518 | — | -24,108 | -11,182 | -5.51% | -27,157 | 44th percentile |
| 2025-02-18 | RBOB Gasoline | Producer/Merchant/Processor/User | 159,193 | 238,131 | — | -78,938 | +9,344 | -18.46% | -1,834 | 46th percentile |
| 2025-02-18 | Coffee C | Producer/Merchant/Processor/User | 29,538 | 82,831 | — | -53,293 | -9,274 | -32.75% | -1,448 | 52th percentile |
| 2025-02-18 | Soybean Oil | Producer/Merchant/Processor/User | 154,185 | 342,098 | — | -187,913 | -9,117 | -33.17% | -36,684 | 10th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-02-18 | Dow Jones | Leveraged Funds | 12,745 | 14,080 | — | -1,335 | -4,201 | -1.65% | -7,051 | 13th percentile |
| 2025-02-18 | GBP | Other Reportables | 3,376 | 5,549 | — | -2,173 | -3,545 | -1.06% | -2,174 | 63th percentile |
| 2025-02-18 | VIX | Asset Manager/Institutional | 72,619 | 69,907 | — | +2,712 | +10,684 | 0.67% | -3,385 | 77th percentile |
| 2025-02-18 | VIX | Other Reportables | 4,534 | 5,946 | — | -1,412 | -4,388 | -0.35% | -7,365 | 4th percentile |
| 2025-02-18 | Rough Rice | Non-Reportable | 2,191 | 2,233 | — | -42 | -143 | -0.33% | +307 | 17th percentile |
| 2025-02-18 | Sugar No. 11 | Other Reportables | 79,401 | 86,603 | 52,912 | -7,202 | -22,392 | -0.72% | -23,966 | 23th percentile |
| 2025-02-18 | Sugar No. 11 | Producer/Merchant/Processor/User | 324,146 | 335,294 | — | -11,148 | -25,947 | -1.12% | -47,647 | 83th percentile |
| 2025-02-18 | Chicago SRW Wheat | Non-Reportable | 33,987 | 34,300 | — | -313 | -1,973 | -0.07% | -4,457 | 79th percentile |