CFTC COT report for 13 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
2025-05-13US 5YLeveraged Funds387,4793,876,357-3,488,878+180,884-201,8126th percentile
2025-05-13US 10YLeveraged Funds193,0762,132,082-1,939,006+97,356-128,12921th percentile
2025-05-13S&P 500Leveraged Funds159,581448,236-288,655-31,216-57,18660th percentile
2025-05-13VIXLeveraged Funds52,18444,415+7,769+21,574+34,66696th percentile
2025-05-13Nasdaq-100Leveraged Funds63,527117,514-53,987-17,317-40,59413th percentile
2025-05-13EURLeveraged Funds86,34066,187+20,153+14,408-1,65388th percentile
2025-05-13Ultra BondLeveraged Funds92,570670,411-577,841-12,278-35,40052th percentile
2025-05-13US 2YLeveraged Funds363,6092,214,922-1,851,313+10,570+34,52488th 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
2025-05-13US 5YAsset Manager/Institutional4,169,407774,923+3,394,484-215,760+119,16594th percentile
2025-05-13US 10YAsset Manager/Institutional2,902,589739,610+2,162,979-52,012+80,54598th percentile
2025-05-13S&P 500Asset Manager/Institutional1,112,757256,679+856,078+39,916+44,77815th percentile
2025-05-13JPYAsset Manager/Institutional124,09614,755+109,341-16,334-5,56792th percentile
2025-05-13AUDAsset Manager/Institutional38,86266,357-27,495-15,550-15,54260th percentile
2025-05-13CADAsset Manager/Institutional36,038104,102-68,064-13,008+5,31685th percentile
2025-05-13US BondAsset Manager/Institutional1,145,831526,506+619,325-8,849-62992th percentile
2025-05-13VIXAsset Manager/Institutional43,54131,765+11,776-8,461-5,48681th 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
2025-05-13CornManaged Money196,463260,735204,083-64,272-93,291-4.04%-209,42644th percentile
2025-05-13Chicago SRW WheatManaged Money88,121208,662105,680-120,541-14,605-25.03%-34,3032th percentile
2025-05-13SoybeansManaged Money136,70281,035122,315+55,667+13,9396.76%+12,31990th percentile
2025-05-13WTI Crude OilManaged Money191,02672,930400,119+118,096-10,4796.06%+38,18335th percentile
2025-05-13RBOB GasolineManaged Money63,40125,03441,981+38,367+9,7269.68%+22,86856th percentile
2025-05-13Soybean OilManaged Money115,90749,25390,117+66,654+8,85811.39%+22,11398th percentile
2025-05-13Lean HogsManaged Money87,2769,29740,818+77,979+8,72826.95%+40,26460th percentile
2025-05-13Kansas City HRW WheatManaged Money37,349114,71861,482-77,369-8,496-26.40%-34,4882th 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
2025-05-13CornProducer/Merchant/Processor/User409,441653,642-244,201+88,471-15.36%+197,00656th percentile
2025-05-13SoybeansProducer/Merchant/Processor/User242,025408,222-166,197-19,917-20.20%-18,3492th percentile
2025-05-13NY Harbor ULSDProducer/Merchant/Processor/User106,189168,940-62,751-13,677-18.06%+4,86681th percentile
2025-05-13Lean HogsProducer/Merchant/Processor/User24,840126,208-101,368-9,422-35.03%-27,20238th percentile
2025-05-13Sugar No. 11Producer/Merchant/Processor/User262,826298,588-35,762-8,852-4.53%-9,47471th percentile
2025-05-13Chicago SRW WheatProducer/Merchant/Processor/User96,23449,704+46,530+8,2429.66%+27,677100th percentile
2025-05-13Soybean OilProducer/Merchant/Processor/User129,599318,216-188,617-7,552-32.24%-25,26610th percentile
2025-05-13Cotton No. 2Producer/Merchant/Processor/User48,39468,716-20,322+7,361-9.04%+13538th 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
2025-05-13Dow JonesDealer/Intermediary36,05233,281+2,771+3,7053.57%+1,11996th percentile
2025-05-13Nasdaq-100Dealer/Intermediary73,69359,349+14,344+16,3595.05%+46,423100th percentile
2025-05-13CHFNon-Reportable14,56014,490+70+9280.09%+3,22696th percentile
2025-05-13NZDOther Reportables280585-305-556-0.50%-34652th percentile
2025-05-13BitcoinNon-Reportable1,2761,997-721-961-2.48%-4032th percentile
2025-05-13VIXLeveraged Funds52,18444,415+7,769+21,5742.80%+34,66696th percentile
2025-05-13CornManaged Money196,463260,735204,083-64,272-93,291-4.04%-209,42644th percentile
2025-05-13Sugar No. 11Non-Reportable65,25662,904+2,352+6,7900.29%-3,56835th percentile
2025-05-13Chicago SRW WheatOther Reportables37,88535,44424,279+2,441+4,0420.50%+4,52919th percentile
2025-05-13Natural GasProducer/Merchant/Processor/User213,911216,745-2,834-2,893-0.18%+8,95094th percentile
2025-05-13WTI Crude OilNon-Reportable61,60962,072-463-5,625-0.02%-7,8082th percentile