CFTC COT report for 6 May 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
2025-05-06US 10YLeveraged Funds191,8132,228,175-2,036,362-203,001-162,67510th percentile
2025-05-06US 5YLeveraged Funds447,5934,117,355-3,669,762-44,643-396,2602th percentile
2025-05-06US 2YLeveraged Funds345,7372,207,620-1,861,883+25,273-195,49683th percentile
2025-05-06US BondLeveraged Funds53,146616,434-563,288-18,364-47,30110th percentile
2025-05-06Russell 2000Leveraged Funds75,633116,729-41,096-14,306-31,77163th percentile
2025-05-06EURLeveraged Funds73,08567,340+5,745-11,570-27,33371th percentile
2025-05-06Nasdaq-100Leveraged Funds58,69595,365-36,670-10,314-42,29071th percentile
2025-05-06S&P 500Leveraged Funds157,467414,906-257,439-7,562+9,70677th 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
2025-05-06US 10YAsset Manager/Institutional2,886,450671,459+2,214,991+153,967+156,565100th percentile
2025-05-06US 2YAsset Manager/Institutional2,189,069318,170+1,870,899-59,994+92,84829th percentile
2025-05-06S&P 500Asset Manager/Institutional1,099,297283,135+816,162-13,239+2,9978th percentile
2025-05-06EURAsset Manager/Institutional427,317120,387+306,930+5,254+23,77394th percentile
2025-05-06Russell 2000Asset Manager/Institutional146,775127,960+18,815-3,969+1,5376th percentile
2025-05-06AUDAsset Manager/Institutional45,29557,240-11,945-3,560+3,66988th percentile
2025-05-06CHFAsset Manager/Institutional7,23032,493-25,263-2,769+1,69644th percentile
2025-05-06US BondAsset Manager/Institutional1,143,209515,035+628,174+2,692+80,51598th 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
2025-05-06CornManaged Money234,641205,622184,262+29,019-57,1101.87%-102,16552th percentile
2025-05-06Sugar No. 11Managed Money130,222112,58975,354+17,633-26,0702.21%-77,49838th percentile
2025-05-06SoybeansManaged Money126,24584,517107,081+41,728-17,2005.36%+69,06285th percentile
2025-05-06WTI Crude OilManaged Money208,51379,938441,746+128,575-11,4566.48%+80,03638th percentile
2025-05-06NY Harbor ULSDManaged Money35,51555,52932,994-20,014-10,244-5.60%-13,76537th percentile
2025-05-06Chicago SRW WheatManaged Money84,883190,81996,805-105,936+6,280-23.23%-15,2126th percentile
2025-05-06Soybean OilManaged Money112,63754,84185,029+57,796-6,23910.02%+25,33994th percentile
2025-05-06RBOB GasolineManaged Money55,28826,64746,385+28,641+6,0867.20%+1,92338th 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
2025-05-06CornProducer/Merchant/Processor/User363,567696,239-332,672+55,513-21.48%+62,55650th percentile
2025-05-06WTI Crude OilProducer/Merchant/Processor/User609,194361,375+247,819-15,25212.50%-50,30690th percentile
2025-05-06NY Harbor ULSDProducer/Merchant/Processor/User121,429170,503-49,074+13,510-13.73%+16,38898th percentile
2025-05-06Sugar No. 11Producer/Merchant/Processor/User279,106306,016-26,910+12,538-3.37%+1,67079th percentile
2025-05-06SoybeansProducer/Merchant/Processor/User241,720388,000-146,280+8,794-18.80%-52,2308th percentile
2025-05-06Chicago SRW WheatProducer/Merchant/Processor/User89,37451,086+38,288-7,5398.39%+19,75098th percentile
2025-05-06Soybean MealProducer/Merchant/Processor/User167,069237,152-70,083-3,048-12.32%+19,70698th percentile
2025-05-06Soybean OilProducer/Merchant/Processor/User131,805312,870-181,065+2,698-31.39%-20,64517th 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
2025-05-06Russell 2000Dealer/Intermediary111,226104,366+6,860+19,6311.52%+23,93783th percentile
2025-05-06AUDNon-Reportable22,89624,237-1,341-2,481-0.73%+5,56446th percentile
2025-05-06Sugar No. 11Other Reportables65,92861,12140,297+4,807+9,7450.60%+55,11154th percentile
2025-05-06Natural GasProducer/Merchant/Processor/User223,297223,238+59+9510.00%+20,227100th percentile
2025-05-06CopperOther Reportables20,84421,22619,533-382-825-0.19%-10,45731th percentile