CFTC COT report for 29 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 source

Largest Leveraged Fund changes

TFF financial futures ranked by absolute weekly contract change.

CFTC positioning observations
Report dateMarketParticipantLongShortNetWeekly change4-report change52-report context
2025-07-29US 10YLeveraged Funds305,1062,503,548-2,198,442-268,282-164,1032th percentile
2025-07-29S&P 500Leveraged Funds157,815523,242-365,427-24,118-59,1406th percentile
2025-07-29US BondLeveraged Funds93,324523,061-429,737-22,916-14,22790th percentile
2025-07-29US 5YLeveraged Funds479,4603,856,597-3,377,137+18,703+180,14729th percentile
2025-07-29JPYLeveraged Funds37,00057,878-20,878-14,817-37,52435th percentile
2025-07-29Russell 2000Leveraged Funds65,450156,094-90,644-13,207-15,4952th percentile
2025-07-29VIXLeveraged Funds65,732141,035-75,303+6,823-16,8264th percentile
2025-07-29GBPLeveraged Funds73,07125,370+47,701-3,816+17,59563th 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
2025-07-29US 10YAsset Manager/Institutional2,978,791807,080+2,171,711+116,423-86,41094th percentile
2025-07-29US 5YAsset Manager/Institutional4,477,556801,257+3,676,299+104,613-87,07094th percentile
2025-07-29S&P 500Asset Manager/Institutional1,111,564238,980+872,584+20,316+32,43635th percentile
2025-07-29US 2YAsset Manager/Institutional2,646,547484,787+2,161,760-18,744+38,92479th percentile
2025-07-29EURAsset Manager/Institutional481,538124,153+357,385-16,943+12,04896th percentile
2025-07-29Ultra BondAsset Manager/Institutional1,239,560598,579+640,981+15,487-10,2466th percentile
2025-07-29US BondAsset Manager/Institutional1,112,178595,243+516,935+11,933-28,51825th percentile
2025-07-29Nasdaq-100Asset Manager/Institutional103,53530,272+73,263+7,846+18,21790th 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
2025-07-29SoybeansManaged Money106,822131,59495,200-24,772-33,881-2.90%-38,67346th percentile
2025-07-29GoldManaged Money170,91836,66220,422+134,256-25,67830.15%+3,89629th percentile
2025-07-29Natural GasManaged Money220,232233,241504,122-13,009+17,076-0.83%+38,81165th percentile
2025-07-29Chicago SRW WheatManaged Money89,260156,14087,335-66,880-12,891-15.00%-3,46658th percentile
2025-07-29Soybean OilManaged Money104,53042,422108,328+62,108+7,9249.74%+22,98294th percentile
2025-07-29RBOB GasolineManaged Money54,56530,92347,911+23,642+6,0496.88%+7,63637th percentile
2025-07-29Soybean MealManaged Money53,095180,47390,811-127,378-2,757-19.01%-1,5062th percentile
2025-07-29CopperManaged Money56,67220,01245,224+36,660-2,61916.04%+4,87090th 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
2025-07-29SoybeansProducer/Merchant/Processor/User311,514408,927-97,413+38,509-11.42%+43,96642th percentile
2025-07-29Soybean MealProducer/Merchant/Processor/User221,313262,684-41,371+13,096-6.17%+9,559100th percentile
2025-07-29Chicago SRW WheatProducer/Merchant/Processor/User81,13975,778+5,361+10,8331.20%-3,72962th percentile
2025-07-29Soybean OilProducer/Merchant/Processor/User149,120349,071-199,951-10,016-31.37%-31,2264th percentile
2025-07-29RBOB GasolineProducer/Merchant/Processor/User110,663180,050-69,387-5,493-20.20%-9,79735th percentile
2025-07-29NY Harbor ULSDProducer/Merchant/Processor/User69,281175,330-106,049-5,345-29.95%-2,2132th percentile
2025-07-29WTI Crude OilProducer/Merchant/Processor/User680,992389,881+291,111+5,02114.34%+32,91294th percentile
2025-07-29CornProducer/Merchant/Processor/User408,528461,894-53,366-4,350-3.38%+7,60690th 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
2025-07-29Dow JonesLeveraged Funds12,05514,704-2,649-2,690-3.05%-43215th percentile
2025-07-29S&P 500Other Reportables108,33699,782+8,554+10,4670.44%-13,59535th percentile
2025-07-29GBPNon-Reportable29,29630,592-1,296-6,465-0.62%-13,86833th percentile
2025-07-29NZDOther Reportables660352+308+4640.66%-1,00062th percentile
2025-07-29NZDNon-Reportable4,6923,764+928+1,0571.99%-68679th percentile
2025-07-29Cotton No. 2Non-Reportable11,26811,331-63-377-0.02%-26946th percentile
2025-07-29Orange JuiceNon-Reportable1,3981,514-116-181-1.39%+9421th percentile
2025-07-29Rough RiceSwap Dealer1641550+9+140.07%-4092th percentile
2025-07-29SoybeansManaged Money106,822131,59495,200-24,772-33,881-2.90%-38,67346th percentile
2025-07-29Chicago SRW WheatOther Reportables30,62833,43331,736-2,805-2,885-0.62%+3,41717th percentile
2025-07-29Chicago SRW WheatProducer/Merchant/Processor/User81,13975,778+5,361+10,8331.20%-3,72962th percentile
2025-07-29CopperNon-Reportable13,91514,186-271-1,063-0.11%-3,8746th percentile