CFTC COT report for 27 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 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 |
|---|---|---|---|---|---|---|---|---|
| 2025-05-27 | US 2Y | Leveraged Funds | 437,465 | 2,185,314 | -1,747,849 | +68,704 | +139,307 | 96th percentile |
| 2025-05-27 | US Bond | Leveraged Funds | 69,785 | 563,700 | -493,915 | +66,036 | +51,009 | 65th percentile |
| 2025-05-27 | Ultra Bond | Leveraged Funds | 76,851 | 618,188 | -541,337 | +63,238 | +21,863 | 71th percentile |
| 2025-05-27 | S&P 500 | Leveraged Funds | 167,130 | 425,681 | -258,551 | +40,011 | -8,674 | 75th percentile |
| 2025-05-27 | US 10Y | Leveraged Funds | 187,765 | 2,114,026 | -1,926,261 | +21,055 | -92,900 | 31th percentile |
| 2025-05-27 | US 5Y | Leveraged Funds | 327,112 | 3,783,154 | -3,456,042 | +16,595 | +169,077 | 10th percentile |
| 2025-05-27 | JPY | Leveraged Funds | 49,246 | 25,171 | +24,075 | -14,422 | +4,464 | 94th percentile |
| 2025-05-27 | AUD | Leveraged Funds | 18,161 | 34,117 | -15,956 | -9,272 | +1,618 | 54th 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 |
|---|---|---|---|---|---|---|---|---|
| 2025-05-27 | US 2Y | Asset Manager/Institutional | 2,138,098 | 437,828 | +1,700,270 | -142,482 | -230,623 | 6th percentile |
| 2025-05-27 | Ultra Bond | Asset Manager/Institutional | 1,214,525 | 611,667 | +602,858 | -123,249 | -116,355 | 2th percentile |
| 2025-05-27 | US 5Y | Asset Manager/Institutional | 4,005,028 | 780,545 | +3,224,483 | -106,921 | -384,754 | 85th percentile |
| 2025-05-27 | US 10Y | Asset Manager/Institutional | 2,738,572 | 714,727 | +2,023,845 | -78,113 | -37,179 | 87th percentile |
| 2025-05-27 | US Bond | Asset Manager/Institutional | 1,110,225 | 546,357 | +563,868 | -44,060 | -61,614 | 81th percentile |
| 2025-05-27 | S&P 500 | Asset Manager/Institutional | 1,121,735 | 265,658 | +856,077 | -17,365 | +26,676 | 15th percentile |
| 2025-05-27 | CAD | Asset Manager/Institutional | 36,925 | 105,383 | -68,458 | +13,810 | -14,218 | 85th percentile |
| 2025-05-27 | GBP | Asset Manager/Institutional | 70,144 | 71,584 | -1,440 | +4,760 | -494 | 79th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-05-27 | Soybeans | Managed Money | 141,474 | 80,555 | 125,585 | +60,919 | +29,589 | 7.08% | +1,991 | 94th percentile |
| 2025-05-27 | Sugar No. 11 | Managed Money | 136,188 | 125,780 | 79,693 | +10,408 | -12,823 | 1.26% | -33,295 | 31th percentile |
| 2025-05-27 | Platinum | Managed Money | 41,895 | 24,316 | 6,381 | +17,579 | +12,676 | 19.13% | +20,391 | 88th percentile |
| 2025-05-27 | Soybean Meal | Managed Money | 66,338 | 157,116 | 97,713 | -90,778 | +11,032 | -15.32% | +3,543 | 15th percentile |
| 2025-05-27 | RBOB Gasoline | Managed Money | 62,265 | 32,121 | 39,668 | +30,144 | -10,349 | 7.59% | +7,589 | 42th percentile |
| 2025-05-27 | WTI Crude Oil | Managed Money | 181,394 | 77,447 | 441,293 | +103,947 | -7,932 | 5.34% | -36,084 | 21th percentile |
| 2025-05-27 | Natural Gas | Managed Money | 135,176 | 198,462 | 509,400 | -63,286 | -6,784 | -4.30% | -18,574 | 23th percentile |
| 2025-05-27 | Chicago SRW Wheat | Managed Money | 83,094 | 176,949 | 111,921 | -93,855 | +6,686 | -19.72% | +18,361 | 17th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-05-27 | Soybeans | Producer/Merchant/Processor/User | 261,065 | 441,009 | — | -179,944 | -24,348 | -20.92% | -24,870 | 2th percentile |
| 2025-05-27 | Corn | Producer/Merchant/Processor/User | 435,332 | 644,339 | — | -209,007 | +16,281 | -12.63% | +179,178 | 63th percentile |
| 2025-05-27 | WTI Crude Oil | Producer/Merchant/Processor/User | 606,643 | 336,250 | — | +270,393 | +13,974 | 13.91% | +7,322 | 92th percentile |
| 2025-05-27 | RBOB Gasoline | Producer/Merchant/Processor/User | 166,496 | 219,314 | — | -52,818 | +8,822 | -13.31% | +4,122 | 81th percentile |
| 2025-05-27 | Sugar No. 11 | Producer/Merchant/Processor/User | 276,878 | 298,954 | — | -22,076 | +8,730 | -2.67% | +17,372 | 87th percentile |
| 2025-05-27 | Gold | Producer/Merchant/Processor/User | 15,935 | 62,127 | — | -46,192 | -7,375 | -10.55% | -1,118 | 79th percentile |
| 2025-05-27 | Soybean Meal | Producer/Merchant/Processor/User | 158,057 | 237,839 | — | -79,782 | -7,311 | -13.46% | -12,747 | 85th percentile |
| 2025-05-27 | Soybean Oil | Producer/Merchant/Processor/User | 133,020 | 308,310 | — | -175,290 | +5,627 | -29.13% | +8,473 | 29th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-05-27 | Dow Jones | Dealer/Intermediary | 32,082 | 34,233 | — | -2,151 | -4,997 | -2.67% | +1,774 | 75th percentile |
| 2025-05-27 | Nasdaq-100 | Dealer/Intermediary | 62,286 | 63,328 | — | -1,042 | -13,849 | -0.37% | +11,464 | 96th percentile |
| 2025-05-27 | AUD | Non-Reportable | 23,517 | 18,752 | — | +4,765 | +5,224 | 2.65% | +3,625 | 73th percentile |
| 2025-05-27 | CHF | Non-Reportable | 14,117 | 14,088 | — | +29 | +1,560 | 0.03% | +979 | 94th percentile |
| 2025-05-27 | EUR | Leveraged Funds | 76,556 | 77,460 | — | -904 | -7,837 | -0.11% | -18,219 | 60th percentile |
| 2025-05-27 | NZD | Non-Reportable | 4,226 | 4,208 | — | +18 | +626 | 0.03% | -203 | 67th percentile |
| 2025-05-27 | VIX | Dealer/Intermediary | 28,992 | 27,654 | — | +1,338 | +7,931 | 0.51% | +22,654 | 21th percentile |
| 2025-05-27 | Chicago SRW Wheat | Other Reportables | 32,107 | 37,007 | 25,404 | -4,900 | -5,815 | -1.03% | -308 | 4th percentile |
| 2025-05-27 | Platinum | Swap Dealer | 12,111 | 14,739 | 1,073 | -2,628 | -4,854 | -2.86% | -8,114 | 12th percentile |