CFTC COT report for 15 July 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 |
|---|---|---|---|---|---|---|---|---|
| 2025-07-15 | US 10Y | Leveraged Funds | 294,651 | 2,268,238 | -1,973,587 | +84,698 | +43,709 | 21th percentile |
| 2025-07-15 | US 2Y | Leveraged Funds | 465,205 | 2,489,875 | -2,024,670 | -58,806 | -184,589 | 60th percentile |
| 2025-07-15 | US 5Y | Leveraged Funds | 432,728 | 3,911,482 | -3,478,754 | +21,154 | +11,212 | 15th percentile |
| 2025-07-15 | US Bond | Leveraged Funds | 76,363 | 519,270 | -442,907 | -15,230 | -25,815 | 87th percentile |
| 2025-07-15 | JPY | Leveraged Funds | 42,392 | 45,751 | -3,359 | -13,741 | -21,142 | 56th percentile |
| 2025-07-15 | GBP | Leveraged Funds | 72,514 | 24,991 | +47,523 | +10,874 | +11,675 | 62th percentile |
| 2025-07-15 | VIX | Leveraged Funds | 58,090 | 120,732 | -62,642 | +10,535 | -21,211 | 6th percentile |
| 2025-07-15 | EUR | Leveraged Funds | 106,430 | 67,906 | +38,524 | +9,401 | +23,095 | 100th 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 |
|---|---|---|---|---|---|---|---|---|
| 2025-07-15 | US 2Y | Asset Manager/Institutional | 2,694,817 | 461,120 | +2,233,697 | +83,579 | +245,283 | 90th percentile |
| 2025-07-15 | US 10Y | Asset Manager/Institutional | 2,969,924 | 835,770 | +2,134,154 | -60,328 | -15,735 | 90th percentile |
| 2025-07-15 | US Bond | Asset Manager/Institutional | 1,123,130 | 576,737 | +546,393 | -22,313 | -2,103 | 46th percentile |
| 2025-07-15 | Ultra Bond | Asset Manager/Institutional | 1,259,125 | 612,479 | +646,646 | -21,616 | -17,200 | 4th percentile |
| 2025-07-15 | JPY | Asset Manager/Institutional | 100,056 | 31,678 | +68,378 | -19,376 | -24,717 | 62th percentile |
| 2025-07-15 | GBP | Asset Manager/Institutional | 57,625 | 84,786 | -27,161 | -14,007 | -19,728 | 37th percentile |
| 2025-07-15 | US 5Y | Asset Manager/Institutional | 4,578,018 | 862,406 | +3,715,612 | -13,130 | +431,477 | 96th percentile |
| 2025-07-15 | Russell 2000 | Asset Manager/Institutional | 138,673 | 123,125 | +15,548 | -12,129 | -4,971 | 2th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-07-15 | WTI Crude Oil | Managed Money | 163,283 | 71,514 | 460,646 | +91,769 | -53,928 | 4.43% | -78,836 | 10th percentile |
| 2025-07-15 | Natural Gas | Managed Money | 211,321 | 230,708 | 520,503 | -19,387 | +27,696 | -1.24% | +43,401 | 63th percentile |
| 2025-07-15 | Soybeans | Managed Money | 118,284 | 135,476 | 112,268 | -17,192 | -24,376 | -1.95% | -79,481 | 56th percentile |
| 2025-07-15 | Corn | Managed Money | 190,143 | 349,187 | 209,379 | -159,044 | +20,243 | -10.81% | +10,028 | 23th percentile |
| 2025-07-15 | Lean Hogs | Managed Money | 125,563 | 11,555 | 53,521 | +114,008 | -14,390 | 32.44% | -11,232 | 77th percentile |
| 2025-07-15 | RBOB Gasoline | Managed Money | 58,320 | 27,564 | 46,951 | +30,756 | +12,074 | 8.71% | +10,796 | 54th percentile |
| 2025-07-15 | Gold | Managed Money | 172,657 | 35,930 | 22,625 | +136,727 | +7,785 | 30.48% | +6,216 | 29th percentile |
| 2025-07-15 | NY Harbor ULSD | Managed Money | 53,938 | 12,936 | 38,485 | +41,002 | +7,243 | 11.77% | +25,766 | 100th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-07-15 | WTI Crude Oil | Producer/Merchant/Processor/User | 711,108 | 407,689 | — | +303,419 | +30,522 | 14.66% | +45,636 | 100th percentile |
| 2025-07-15 | Soybeans | Producer/Merchant/Processor/User | 310,486 | 426,681 | — | -116,195 | +19,826 | -13.18% | +54,394 | 33th percentile |
| 2025-07-15 | Soybean Oil | Producer/Merchant/Processor/User | 149,670 | 328,493 | — | -178,823 | -10,787 | -29.01% | -5,451 | 23th percentile |
| 2025-07-15 | Lean Hogs | Producer/Merchant/Processor/User | 26,905 | 156,271 | — | -129,366 | +7,092 | -36.81% | +14,746 | 23th percentile |
| 2025-07-15 | RBOB Gasoline | Producer/Merchant/Processor/User | 117,438 | 189,471 | — | -72,033 | -6,117 | -20.41% | -14,614 | 29th percentile |
| 2025-07-15 | Cotton No. 2 | Producer/Merchant/Processor/User | 41,277 | 58,126 | — | -16,849 | -3,937 | -7.95% | -6,732 | 35th percentile |
| 2025-07-15 | Natural Gas | Producer/Merchant/Processor/User | 203,336 | 248,304 | — | -44,968 | -3,545 | -2.89% | -8,728 | 44th percentile |
| 2025-07-15 | Soybean Meal | Producer/Merchant/Processor/User | 213,328 | 266,528 | — | -53,200 | -3,507 | -7.86% | +21,968 | 96th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-07-15 | Dow Jones | Leveraged Funds | 11,194 | 10,928 | — | +266 | +2,135 | 0.31% | -2,350 | 42th percentile |
| 2025-07-15 | S&P 500 | Other Reportables | 111,806 | 112,063 | — | -257 | -20,666 | -0.01% | +5,963 | 31th percentile |
| 2025-07-15 | CHF | Leveraged Funds | 7,129 | 8,372 | — | -1,243 | -1,580 | -1.67% | -1,425 | 88th percentile |
| 2025-07-15 | CHF | Non-Reportable | 14,677 | 15,056 | — | -379 | -1,798 | -0.51% | -1,269 | 81th percentile |
| 2025-07-15 | JPY | Leveraged Funds | 42,392 | 45,751 | — | -3,359 | -13,741 | -1.04% | -21,142 | 56th percentile |
| 2025-07-15 | VIX | Non-Reportable | 27,057 | 26,148 | — | +909 | +1,355 | 0.22% | +2,283 | 56th percentile |
| 2025-07-15 | US 2Y | Other Reportables | 206,765 | 225,622 | — | -18,857 | -32,809 | -0.43% | -99,867 | 2th percentile |
| 2025-07-15 | Cotton No. 2 | Non-Reportable | 10,668 | 10,451 | — | +217 | +569 | 0.10% | -135 | 62th percentile |
| 2025-07-15 | Feeder Cattle | Swap Dealer | 2,940 | 2,224 | 1,849 | +716 | +743 | 0.74% | +204 | 23th percentile |
| 2025-07-15 | Orange Juice | Managed Money | 2,107 | 1,192 | 62 | +915 | +1,067 | 10.79% | +288 | 21th percentile |
| 2025-07-15 | Soybeans | Managed Money | 118,284 | 135,476 | 112,268 | -17,192 | -24,376 | -1.95% | -79,481 | 56th percentile |
| 2025-07-15 | Palladium | Other Reportables | 2,398 | 2,977 | 395 | -579 | -1,078 | -2.91% | -654 | 8th percentile |
| 2025-07-15 | Platinum | Swap Dealer | 16,522 | 13,405 | 638 | +3,117 | +4,341 | 3.39% | +10,050 | 54th percentile |