CFTC COT report for 26 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
2025-08-26US 10YLeveraged Funds279,7032,814,319-2,534,616-117,656-336,1742th percentile
2025-08-26US 2YLeveraged Funds396,0232,406,323-2,010,300+74,994-31,79158th percentile
2025-08-26US 5YLeveraged Funds533,6043,821,814-3,288,210+61,407+88,92740th percentile
2025-08-26S&P 500Leveraged Funds129,279549,834-420,555-55,214-55,1282th percentile
2025-08-26VIXLeveraged Funds51,916157,748-105,832-16,780-30,5292th percentile
2025-08-26US BondLeveraged Funds89,759423,485-333,726+16,220+96,011100th percentile
2025-08-26Russell 2000Leveraged Funds71,892149,951-78,059+15,703+12,58512th percentile
2025-08-26Ultra BondLeveraged Funds77,476702,617-625,141-8,760-111,01421th 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
2025-08-26US 2YAsset Manager/Institutional2,560,160488,699+2,071,461-171,490-90,29954th percentile
2025-08-26US 5YAsset Manager/Institutional4,424,130673,382+3,750,748+77,716+74,44998th percentile
2025-08-26US 10YAsset Manager/Institutional3,197,220728,844+2,468,376+38,709+296,665100th percentile
2025-08-26Ultra BondAsset Manager/Institutional1,268,520521,128+747,392-14,326+106,41194th percentile
2025-08-26US BondAsset Manager/Institutional1,101,511565,245+536,266+9,151+19,33137th percentile
2025-08-26GBPAsset Manager/Institutional38,988113,726-74,738-7,597-9,1424th percentile
2025-08-26VIXAsset Manager/Institutional89,74059,904+29,836-7,194+6,45494th percentile
2025-08-26JPYAsset Manager/Institutional108,63233,447+75,185+5,618+3,63463th 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
2025-08-26Soybean MealManaged Money64,618126,41182,637-61,793+27,300-10.34%+65,58562th percentile
2025-08-26SoybeansManaged Money104,11284,967116,090+19,145+20,8982.22%+43,91765th percentile
2025-08-26Chicago SRW WheatManaged Money94,379177,23883,187-82,859+17,307-18.34%-15,97942th percentile
2025-08-26RBOB GasolineManaged Money57,83920,37435,680+37,465+11,49311.44%+13,82356th percentile
2025-08-26Natural GasManaged Money213,926257,958568,999-44,032-7,345-2.71%-31,02346th percentile
2025-08-26Lean HogsManaged Money121,94412,87859,669+109,066+6,47231.85%+4,31371th percentile
2025-08-26Coffee CManaged Money42,67011,22923,897+31,441+5,43219.50%+5,11721th percentile
2025-08-26SilverManaged Money48,49915,5287,922+32,971+4,92520.78%-10,05352th 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
2025-08-26CornProducer/Merchant/Processor/User416,465532,892-116,427-37,698-7.99%-63,06181th percentile
2025-08-26Soybean MealProducer/Merchant/Processor/User195,397275,194-79,797-11,751-13.35%-38,42662th percentile
2025-08-26Chicago SRW WheatProducer/Merchant/Processor/User87,88671,882+16,004-7,7273.54%+10,64367th percentile
2025-08-26NY Harbor ULSDProducer/Merchant/Processor/User86,086192,384-106,298-5,921-28.96%-2492th percentile
2025-08-26Lean HogsProducer/Merchant/Processor/User23,519147,036-123,517-5,518-36.07%-95935th percentile
2025-08-26RBOB GasolineProducer/Merchant/Processor/User115,771176,499-60,728-5,354-18.54%+8,65967th percentile
2025-08-26SoybeansProducer/Merchant/Processor/User319,776441,698-121,922+4,774-14.15%-24,50937th percentile
2025-08-26Sugar No. 11Producer/Merchant/Processor/User329,689295,621+34,068+3,2013.72%+14,29496th 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
2025-08-26Dow JonesOther Reportables22750-728-2,582-0.86%+1,67579th percentile
2025-08-26Dow JonesNon-Reportable11,06110,805+256+5220.30%-1,09531th percentile
2025-08-26Russell 2000Other Reportables3,7904,347-557-902-0.13%+2,83344th percentile
2025-08-26AUDNon-Reportable21,24721,942-695-2,186-0.36%-3,74744th percentile
2025-08-26CHFLeveraged Funds5,1845,121+63+1470.07%+2,32590th percentile
2025-08-26NZDOther Reportables8371,292-455-1,125-0.85%-76337th percentile
2025-08-26Ultra BondOther Reportables25,46222,718+2,744+3,0040.12%+5,16396th percentile
2025-08-26Ultra BondNon-Reportable191,259193,033-1,774-13,521-0.07%+10,60527th percentile
2025-08-26Coffee COther Reportables12,56712,73412,075-167-2,818-0.10%-3,6892th percentile
2025-08-26Cotton No. 2Non-Reportable12,24512,173+72+2930.02%+13552th percentile
2025-08-26SoybeansOther Reportables49,66350,61958,672-956-22,455-0.11%-14,94456th percentile
2025-08-26SoybeansManaged Money104,11284,967116,090+19,145+20,8982.22%+43,91765th percentile
2025-08-26Kansas City HRW WheatNon-Reportable20,03419,981+53+9310.01%+1,67783th percentile
2025-08-26CopperOther Reportables15,28517,80926,971-2,524-2,947-1.32%-3,21121th percentile