CFTC COT report for 19 August 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
2025-08-19US 10YLeveraged Funds316,9232,733,883-2,416,960-86,808-486,8002th percentile
2025-08-19US 2YLeveraged Funds373,8602,459,154-2,085,294+75,344-105,62654th percentile
2025-08-19Ultra BondLeveraged Funds69,584685,965-616,381-38,336-103,27923th percentile
2025-08-19S&P 500Leveraged Funds141,214506,555-365,341+21,411-24,03210th percentile
2025-08-19Russell 2000Leveraged Funds66,628160,390-93,762+20,734-16,3256th percentile
2025-08-19US 5YLeveraged Funds567,6383,917,255-3,349,617+16,518+46,22333th percentile
2025-08-19VIXLeveraged Funds81,385170,437-89,052-8,071-6,9262th percentile
2025-08-19JPYLeveraged Funds33,99677,350-43,354-7,948-37,2936th 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
2025-08-19US 10YAsset Manager/Institutional3,173,317743,650+2,429,667+118,737+374,379100th percentile
2025-08-19Ultra BondAsset Manager/Institutional1,282,281520,563+761,718+61,465+136,22498th percentile
2025-08-19US 5YAsset Manager/Institutional4,465,721792,689+3,673,032+33,286+101,34692th percentile
2025-08-19S&P 500Asset Manager/Institutional1,142,641272,049+870,592-15,767+18,32437th percentile
2025-08-19US 2YAsset Manager/Institutional2,749,105506,154+2,242,951-14,720+62,44787th percentile
2025-08-19US BondAsset Manager/Institutional1,109,821582,706+527,115+12,981+22,11335th percentile
2025-08-19VIXAsset Manager/Institutional94,42357,393+37,030+11,676+14,230100th percentile
2025-08-19JPYAsset Manager/Institutional106,37436,807+69,567+9,870-79158th 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
2025-08-19CornManaged Money239,953354,590198,990-114,637+27,702-7.31%+36,12633th percentile
2025-08-19SoybeansManaged Money97,10898,861125,897-1,753+24,470-0.19%-10,86260th percentile
2025-08-19WTI Crude OilManaged Money143,330115,885429,802+27,445-21,4201.42%-70,7922th percentile
2025-08-19Soybean MealManaged Money57,395146,48888,564-89,093+20,491-13.67%+35,52837th percentile
2025-08-19Natural GasManaged Money217,563254,250554,599-36,687+14,046-2.28%-6,60252th percentile
2025-08-19Soybean OilManaged Money89,03456,157111,733+32,877-12,1135.36%-21,30746th percentile
2025-08-19GoldManaged Money173,38836,00328,778+137,385-10,90231.32%-22,54933th percentile
2025-08-19RBOB GasolineManaged Money48,93222,96041,488+25,972+9,4747.77%+8,37940th 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
2025-08-19SoybeansProducer/Merchant/Processor/User320,681447,377-126,696-30,380-14.16%+9,22633th percentile
2025-08-19CornProducer/Merchant/Processor/User456,402535,131-78,729-27,566-5.02%-29,71385th percentile
2025-08-19Soybean OilProducer/Merchant/Processor/User142,707303,058-160,351+19,176-26.17%+29,58460th percentile
2025-08-19Natural GasProducer/Merchant/Processor/User214,548232,319-17,771+12,483-1.10%+23,80679th percentile
2025-08-19Cotton No. 2Producer/Merchant/Processor/User50,98157,918-6,937-8,321-2.87%+8,70467th percentile
2025-08-19Soybean MealProducer/Merchant/Processor/User209,469277,515-68,046-5,240-10.44%-13,57983th percentile
2025-08-19Sugar No. 11Producer/Merchant/Processor/User321,614290,747+30,867+4,7533.42%+7,57196th percentile
2025-08-19Chicago SRW WheatProducer/Merchant/Processor/User106,06582,334+23,731+3,5624.81%+29,20383th 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
2025-08-19Dow JonesDealer/Intermediary36,18434,178+2,006+3,1272.35%+8,31696th percentile
2025-08-19Dow JonesOther Reportables2,207353+1,854+2,0442.17%+3,62998th percentile
2025-08-19Dow JonesNon-Reportable10,68210,948-266-1,725-0.31%-1,92425th percentile
2025-08-19Russell 2000Other Reportables4,5044,159+345+4190.08%+9,39556th percentile
2025-08-19EUROther Reportables18,73321,297-2,564-2,732-0.31%-22,42810th percentile
2025-08-19JPYNon-Reportable36,61434,313+2,301+2,6400.65%-8,41431th percentile
2025-08-19Ultra BondOther Reportables20,67120,931-260-4,151-0.01%+32,70896th percentile
2025-08-19Coffee CSwap Dealer23,37026,1893,001-2,819-4,283-1.85%+5,73598th percentile
2025-08-19Cotton No. 2Producer/Merchant/Processor/User50,98157,918-6,937-8,321-2.87%+8,70467th percentile
2025-08-19Orange JuiceNon-Reportable1,3691,368+1+2150.01%-6431th percentile
2025-08-19Sugar No. 11Non-Reportable69,61471,750-2,136-6,640-0.23%+10,16633th percentile