CFTC COT report for 14 October 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
2025-10-14US 5YLeveraged Funds486,8023,609,218-3,122,416+68,172+198,49769th percentile
2025-10-14S&P 500Leveraged Funds143,527560,075-416,548+43,625+58,43813th percentile
2025-10-14US 10YLeveraged Funds456,1552,796,690-2,340,535-23,772+62,73813th percentile
2025-10-14VIXLeveraged Funds60,556135,773-75,217+19,509+15,41325th percentile
2025-10-14Ultra BondLeveraged Funds81,009729,185-648,176-11,388+13,62110th percentile
2025-10-14AUDLeveraged Funds36,49731,074+5,423+8,460+8,50494th percentile
2025-10-14Russell 2000Leveraged Funds32,866103,010-70,144-4,635+20,07129th percentile
2025-10-14GBPLeveraged Funds72,34733,253+39,094+4,232+17,48158th 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
2025-10-14US 2YAsset Manager/Institutional2,739,884452,081+2,287,803+67,800-22,79690th percentile
2025-10-14US 5YAsset Manager/Institutional4,228,974670,936+3,558,038-62,164-32,56769th percentile
2025-10-14Ultra BondAsset Manager/Institutional1,374,502556,463+818,039+37,723+3,235100th percentile
2025-10-14US 10YAsset Manager/Institutional3,039,702960,630+2,079,072+34,007-157,30365th percentile
2025-10-14S&P 500Asset Manager/Institutional1,131,293209,390+921,903-27,202+25,60362th percentile
2025-10-14EURAsset Manager/Institutional499,343128,222+371,121-15,743-18,57883th percentile
2025-10-14US BondAsset Manager/Institutional1,160,041703,597+456,444-14,825-47,8152th percentile
2025-10-14GBPAsset Manager/Institutional45,260104,697-59,437-13,371-16,43929th 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
2025-10-14CornManaged Money162,573350,565244,864-187,992-53,380-11.35%-106,4954th percentile
2025-10-14Natural GasManaged Money198,390273,729624,189-75,339-41,939-4.50%-52,24815th percentile
2025-10-14Sugar No. 11Managed Money113,246278,99680,834-165,750-24,413-19.10%-39,4802th percentile
2025-10-14GoldManaged Money152,18743,87731,615+108,310-21,44922.29%-50,66110th percentile
2025-10-14Chicago SRW WheatManaged Money107,781218,664130,077-110,883-15,483-20.51%-25,0846th percentile
2025-10-14Lean HogsManaged Money141,68612,57542,988+129,111-11,94937.03%-11,19081th percentile
2025-10-14RBOB GasolineManaged Money58,12623,96450,299+34,162-7,0149.24%-14,12146th percentile
2025-10-14Live CattleManaged Money147,20826,98439,632+120,224+6,62532.83%-3,52633th 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
2025-10-14CornProducer/Merchant/Processor/User487,376567,803-80,427+29,330-4.85%+76,40985th percentile
2025-10-14Sugar No. 11Producer/Merchant/Processor/User304,092254,302+49,790+27,5295.73%+8,81696th percentile
2025-10-14Chicago SRW WheatProducer/Merchant/Processor/User96,63375,473+21,160+9,5853.91%+9,42877th percentile
2025-10-14Live CattleProducer/Merchant/Processor/User46,412182,799-136,387-8,966-37.25%-11,73931th percentile
2025-10-14Cotton No. 2Producer/Merchant/Processor/User82,10750,843+31,264+8,64110.62%+29,959100th percentile
2025-10-14SoybeansProducer/Merchant/Processor/User339,885489,789-149,904-7,871-15.33%-16,06917th percentile
2025-10-14Lean HogsProducer/Merchant/Processor/User26,378159,661-133,283+7,536-38.22%+5,14629th percentile
2025-10-14Soybean OilProducer/Merchant/Processor/User153,053290,864-137,811+7,104-22.03%+19,78581th 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
2025-10-14Russell 2000Asset Manager/Institutional151,609141,381+10,228+12,6122.68%-14,1396th percentile
2025-10-14AUDLeveraged Funds36,49731,074+5,423+8,4603.18%+8,50494th percentile
2025-10-14GBPNon-Reportable26,16031,321-5,161-6,108-2.17%-16,84029th percentile
2025-10-14VIXOther Reportables1,1461,878-732-872-0.14%-24133th percentile
2025-10-14VIXNon-Reportable24,76628,930-4,164-18,821-0.84%-5,2872th percentile
2025-10-14Orange JuiceManaged Money2,0942,16533-71-792-0.77%-1,4266th percentile
2025-10-14Sugar No. 11Non-Reportable64,55570,297-5,742-11,165-0.66%+31221th percentile
2025-10-14Chicago SRW WheatNon-Reportable36,18634,132+2,054+2,0680.37%+2,99571th percentile
2025-10-14Natural GasProducer/Merchant/Processor/User231,016234,169-3,153-6,478-0.18%+10,50390th percentile
2025-10-14RBOB GasolineOther Reportables17,22516,96225,604+263+3,1180.07%+4,88729th percentile
2025-10-14NY Harbor ULSDOther Reportables18,18511,91041,025+6,275+6,7721.53%+11,59575th percentile
2025-10-14PlatinumOther Reportables13,05911,055720+2,004+2,8042.26%-1138th percentile