CFTC COT report for 24 June 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
2025-06-24US 2YLeveraged Funds510,5062,477,550-1,967,044-126,963-219,19567th percentile
2025-06-24US 10YLeveraged Funds351,8132,266,214-1,914,401+102,895+11,86038th percentile
2025-06-24US 5YLeveraged Funds460,5834,008,575-3,547,992-58,026-91,9506th percentile
2025-06-24S&P 500Leveraged Funds137,615411,937-274,322+50,564-15,77165th percentile
2025-06-24US BondLeveraged Funds77,609522,543-444,934-27,842+48,98185th percentile
2025-06-24Ultra BondLeveraged Funds87,495572,690-485,195-15,574+56,14296th percentile
2025-06-24Nasdaq-100Leveraged Funds48,55580,565-32,010+12,762+15,75881th percentile
2025-06-24AUDLeveraged Funds18,88941,192-22,303-7,003-6,34742th 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
2025-06-24US 10YAsset Manager/Institutional2,791,767716,605+2,075,162-74,727+51,31788th percentile
2025-06-24US 2YAsset Manager/Institutional2,403,952379,374+2,024,578+36,164+324,30856th percentile
2025-06-24US 5YAsset Manager/Institutional4,098,396797,745+3,300,651+16,516+76,16888th percentile
2025-06-24US BondAsset Manager/Institutional1,098,500537,547+560,953+12,457-2,91573th percentile
2025-06-24Ultra BondAsset Manager/Institutional1,183,113527,513+655,600-8,246+52,7426th percentile
2025-06-24NZDAsset Manager/Institutional24,23112,036+12,195+6,322+31,241100th percentile
2025-06-24CADAsset Manager/Institutional46,68272,459-25,777+6,054+42,681100th percentile
2025-06-24GBPAsset Manager/Institutional64,94178,243-13,302-5,869-11,86254th 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
2025-06-24SoybeansManaged Money131,17795,781108,671+35,396-26,8934.22%-25,52377th percentile
2025-06-24Kansas City HRW WheatManaged Money31,12875,04044,561-43,912+16,286-16.80%+32,90529th percentile
2025-06-24NY Harbor ULSDManaged Money46,40018,11632,083+28,284+13,0489.55%+19,799100th percentile
2025-06-24Sugar No. 11Managed Money122,112200,60181,484-78,489-12,383-9.12%-88,8972th percentile
2025-06-24Chicago SRW WheatManaged Money70,748134,61673,244-63,868+10,388-17.11%+29,98769th percentile
2025-06-24WTI Crude OilManaged Money208,82947,342397,964+161,487-9,1188.23%+57,54065th percentile
2025-06-24CornManaged Money173,552348,948199,779-175,396-6,324-11.42%-85,24721th percentile
2025-06-24Soybean MealManaged Money56,906163,14283,387-106,236-5,628-16.76%-15,4582th 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
2025-06-24CornProducer/Merchant/Processor/User417,739516,055-98,316+20,208-6.40%+110,69183th percentile
2025-06-24Soybean MealProducer/Merchant/Processor/User200,969258,404-57,435+17,733-9.06%+22,347100th percentile
2025-06-24SoybeansProducer/Merchant/Processor/User272,342428,417-156,075+14,514-18.62%+23,86912th percentile
2025-06-24Chicago SRW WheatProducer/Merchant/Processor/User71,67756,628+15,049-8,3354.03%-16,74469th percentile
2025-06-24Kansas City HRW WheatProducer/Merchant/Processor/User61,74496,842-35,098-8,071-13.42%-20,45263th percentile
2025-06-24NY Harbor ULSDProducer/Merchant/Processor/User59,832160,234-100,402-6,176-33.91%-21,5442th percentile
2025-06-24Sugar No. 11Producer/Merchant/Processor/User292,375289,250+3,125+5,6440.36%+25,20188th percentile
2025-06-24Natural GasProducer/Merchant/Processor/User196,520237,402-40,882-4,642-2.74%-32,17150th 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
2025-06-24Dow JonesLeveraged Funds10,58514,147-3,562-6,178-4.32%-2,32012th percentile
2025-06-24Nasdaq-100Non-Reportable36,68731,152+5,535+13,9272.18%+12,39221th percentile
2025-06-24Russell 2000Other Reportables19,47612,983+6,493+11,1561.66%+6,19867th percentile
2025-06-24NZDDealer/Intermediary6,7839,283-2,500-6,380-5.65%-28,47315th percentile
2025-06-24VIXOther Reportables5,3356,325-990-1,024-0.31%-6,5068th percentile
2025-06-24VIXNon-Reportable25,72224,698+1,024+2,3980.32%+40962th percentile
2025-06-24Ultra BondNon-Reportable178,019160,956+17,063+27,1460.90%-65,52648th percentile
2025-06-24US BondOther Reportables101,45197,202+4,249+20,8160.23%-16146th percentile
2025-06-24Cotton No. 2Non-Reportable11,43312,449-1,016-1,368-0.49%+1,08033th percentile
2025-06-24Sugar No. 11Producer/Merchant/Processor/User292,375289,250+3,125+5,6440.36%+25,20188th percentile