CFTC COT report for 31 March 2026
Week-ended positions · TFF Futures Only and Disaggregated Futures Only · 42 reviewed markets · processed 26 Jul 2026, 17:40
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 |
|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | US 2Y | Leveraged Funds | 481,866 | 2,650,618 | -2,168,752 | +130,508 | -119,940 | 17th percentile |
| 2026-03-31 | US Bond | Leveraged Funds | 143,815 | 319,425 | -175,610 | +122,359 | +182,381 | 100th percentile |
| 2026-03-31 | S&P 500 | Leveraged Funds | 163,425 | 396,837 | -233,412 | +110,715 | +172,928 | 98th percentile |
| 2026-03-31 | US 10Y | Leveraged Funds | 378,053 | 2,333,784 | -1,955,731 | -106,966 | -33,162 | 71th percentile |
| 2026-03-31 | US 5Y | Leveraged Funds | 504,573 | 3,068,127 | -2,563,554 | +22,170 | +540,389 | 100th percentile |
| 2026-03-31 | EUR | Leveraged Funds | 106,291 | 102,344 | +3,947 | +17,485 | -25,685 | 12th percentile |
| 2026-03-31 | Ultra Bond | Leveraged Funds | 54,981 | 902,306 | -847,325 | -15,183 | -104,858 | 2th percentile |
| 2026-03-31 | GBP | Leveraged Funds | 58,402 | 28,470 | +29,932 | +14,216 | -4,574 | 44th 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 |
|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | US 10Y | Asset Manager/Institutional | 2,978,053 | 812,335 | +2,165,718 | +125,295 | +67,182 | 63th percentile |
| 2026-03-31 | US 2Y | Asset Manager/Institutional | 2,969,699 | 477,321 | +2,492,378 | -110,589 | +432,140 | 98th percentile |
| 2026-03-31 | US Bond | Asset Manager/Institutional | 1,074,985 | 699,120 | +375,865 | -98,903 | -86,855 | 2th percentile |
| 2026-03-31 | US 5Y | Asset Manager/Institutional | 3,844,684 | 917,790 | +2,926,894 | +67,037 | -403,645 | 4th percentile |
| 2026-03-31 | S&P 500 | Asset Manager/Institutional | 1,139,703 | 223,985 | +915,718 | +37,327 | -89,050 | 71th percentile |
| 2026-03-31 | EUR | Asset Manager/Institutional | 431,246 | 166,829 | +264,417 | -23,523 | -105,855 | 2th percentile |
| 2026-03-31 | CAD | Asset Manager/Institutional | 64,749 | 60,401 | +4,348 | -21,781 | -57,234 | 75th percentile |
| 2026-03-31 | Russell 2000 | Asset Manager/Institutional | 144,687 | 129,014 | +15,673 | -17,288 | -44,121 | 21th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Sugar No. 11 | Managed Money | 143,977 | 184,771 | 97,114 | -40,794 | +32,376 | -4.39% | +197,423 | 81th percentile |
| 2026-03-31 | Cotton No. 2 | Managed Money | 53,184 | 63,068 | 41,692 | -9,884 | +23,662 | -2.84% | +64,315 | 100th percentile |
| 2026-03-31 | Corn | Managed Money | 344,768 | 86,816 | 302,379 | +257,952 | -21,678 | 14.12% | +205,709 | 98th percentile |
| 2026-03-31 | WTI Crude Oil | Managed Money | 177,780 | 104,433 | 356,557 | +73,347 | -20,989 | 3.61% | +4,962 | 58th percentile |
| 2026-03-31 | Kansas City HRW Wheat | Managed Money | 75,328 | 51,528 | 65,344 | +23,800 | +14,282 | 8.08% | +20,365 | 100th percentile |
| 2026-03-31 | Natural Gas | Managed Money | 149,348 | 216,964 | 534,728 | -67,616 | -13,461 | -4.46% | +8,636 | 19th percentile |
| 2026-03-31 | Soybeans | Managed Money | 234,120 | 30,112 | 124,000 | +204,008 | +12,658 | 20.79% | +16,517 | 92th percentile |
| 2026-03-31 | Live Cattle | Managed Money | 130,907 | 11,354 | 43,699 | +119,553 | +11,960 | 35.26% | +7,509 | 54th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Corn | Producer/Merchant/Processor/User | 402,935 | 975,295 | — | -572,360 | +41,158 | -31.33% | -207,306 | 4th percentile |
| 2026-03-31 | Sugar No. 11 | Producer/Merchant/Processor/User | 236,813 | 335,833 | — | -99,020 | -28,982 | -10.67% | -151,396 | 2th percentile |
| 2026-03-31 | Cotton No. 2 | Producer/Merchant/Processor/User | 52,893 | 149,175 | — | -96,282 | -22,795 | -27.69% | -63,082 | 2th percentile |
| 2026-03-31 | WTI Crude Oil | Producer/Merchant/Processor/User | 642,912 | 355,184 | — | +287,728 | +20,440 | 14.16% | +109,059 | 71th percentile |
| 2026-03-31 | Soybean Oil | Producer/Merchant/Processor/User | 217,743 | 433,250 | — | -215,507 | -15,180 | -29.05% | -52,794 | 2th percentile |
| 2026-03-31 | Chicago SRW Wheat | Producer/Merchant/Processor/User | 47,352 | 112,307 | — | -64,955 | -13,484 | -13.29% | -18,576 | 2th percentile |
| 2026-03-31 | Kansas City HRW Wheat | Producer/Merchant/Processor/User | 29,177 | 113,624 | — | -84,447 | -11,663 | -28.69% | -8,700 | 2th percentile |
| 2026-03-31 | Live Cattle | Producer/Merchant/Processor/User | 38,111 | 171,829 | — | -133,718 | -8,859 | -39.43% | +933 | 23th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | CAD | Dealer/Intermediary | 64,103 | 36,157 | — | +27,946 | +35,511 | 12.87% | +63,858 | 19th percentile |
| 2026-03-31 | CAD | Non-Reportable | 31,625 | 32,927 | — | -1,302 | -4,275 | -0.59% | -4,308 | 62th percentile |
| 2026-03-31 | EUR | Leveraged Funds | 106,291 | 102,344 | — | +3,947 | +17,485 | 0.50% | -25,685 | 12th percentile |
| 2026-03-31 | VIX | Non-Reportable | 27,371 | 30,184 | — | -2,813 | -5,830 | -0.80% | +1,322 | 13th percentile |
| 2026-03-31 | Soybean Oil | Other Reportables | 29,834 | 25,233 | 47,549 | +4,601 | +5,962 | 0.62% | -395 | 12th percentile |
| 2026-03-31 | Chicago SRW Wheat | Managed Money | 117,922 | 110,141 | 111,289 | +7,781 | +8,775 | 1.59% | +32,870 | 100th percentile |
| 2026-03-31 | RBOB Gasoline | Other Reportables | 18,550 | 13,707 | 30,292 | +4,843 | +6,249 | 1.47% | -1,689 | 38th percentile |