CFTC COT report for 12 May 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 |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | US 5Y | Leveraged Funds | 505,892 | 2,855,097 | -2,349,205 | +101,636 | +105,913 | 100th percentile |
| 2026-05-12 | US 2Y | Leveraged Funds | 407,820 | 2,355,649 | -1,947,829 | +86,646 | +131,371 | 88th percentile |
| 2026-05-12 | US 10Y | Leveraged Funds | 378,452 | 2,335,394 | -1,956,942 | +46,906 | +53,029 | 79th percentile |
| 2026-05-12 | S&P 500 | Leveraged Funds | 148,507 | 580,945 | -432,438 | -26,563 | -12,082 | 25th percentile |
| 2026-05-12 | Nasdaq-100 | Leveraged Funds | 47,277 | 99,319 | -52,042 | -15,942 | -2,375 | 4th percentile |
| 2026-05-12 | GBP | Leveraged Funds | 70,179 | 32,877 | +37,302 | +11,253 | +14,971 | 69th percentile |
| 2026-05-12 | US Bond | Leveraged Funds | 133,746 | 429,942 | -296,196 | -10,723 | -90,678 | 85th percentile |
| 2026-05-12 | CAD | Leveraged Funds | 29,032 | 66,695 | -37,663 | +10,095 | +23,741 | 73th 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 |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | US 2Y | Asset Manager/Institutional | 2,737,995 | 621,646 | +2,116,349 | -106,979 | -244,553 | 23th percentile |
| 2026-05-12 | S&P 500 | Asset Manager/Institutional | 1,239,798 | 184,926 | +1,054,872 | +44,984 | +51,729 | 100th percentile |
| 2026-05-12 | US 5Y | Asset Manager/Institutional | 4,012,823 | 1,298,441 | +2,714,382 | -31,478 | -150,296 | 4th percentile |
| 2026-05-12 | US Bond | Asset Manager/Institutional | 1,081,513 | 619,771 | +461,742 | +19,239 | +83,575 | 35th percentile |
| 2026-05-12 | US 10Y | Asset Manager/Institutional | 3,159,930 | 1,039,789 | +2,120,141 | -17,644 | -93,116 | 40th percentile |
| 2026-05-12 | GBP | Asset Manager/Institutional | 45,622 | 138,772 | -93,150 | +9,480 | -5,235 | 33th percentile |
| 2026-05-12 | JPY | Asset Manager/Institutional | 66,868 | 86,860 | -19,992 | -9,396 | -9,959 | 4th percentile |
| 2026-05-12 | VIX | Asset Manager/Institutional | 65,802 | 67,684 | -1,882 | +8,167 | -3,151 | 33th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | Corn | Managed Money | 416,409 | 120,789 | 260,268 | +295,620 | -49,021 | 15.61% | +143,002 | 98th percentile |
| 2026-05-12 | Sugar No. 11 | Managed Money | 164,165 | 259,736 | 88,326 | -95,571 | +15,986 | -9.94% | +38,175 | 69th percentile |
| 2026-05-12 | Natural Gas | Managed Money | 181,980 | 302,045 | 554,602 | -120,065 | -12,576 | -7.37% | -5,970 | 2th percentile |
| 2026-05-12 | Copper | Managed Money | 88,517 | 14,029 | 18,865 | +74,488 | +11,015 | 28.67% | +22,155 | 96th percentile |
| 2026-05-12 | Lean Hogs | Managed Money | 75,506 | 46,295 | 55,476 | +29,211 | -9,476 | 9.09% | -48,820 | 2th percentile |
| 2026-05-12 | Chicago SRW Wheat | Managed Money | 100,637 | 119,121 | 98,409 | -18,484 | -9,451 | -4.13% | -12,934 | 83th percentile |
| 2026-05-12 | Live Cattle | Managed Money | 143,522 | 14,568 | 45,484 | +128,954 | -9,064 | 36.32% | -3,885 | 87th percentile |
| 2026-05-12 | Soybean Oil | Managed Money | 179,226 | 19,689 | 106,516 | +159,537 | -7,422 | 22.65% | +9,320 | 94th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | Corn | Producer/Merchant/Processor/User | 334,749 | 935,388 | — | -600,639 | +103,414 | -31.73% | -105,007 | 6th percentile |
| 2026-05-12 | WTI Crude Oil | Producer/Merchant/Processor/User | 743,791 | 386,384 | — | +357,407 | +19,906 | 17.16% | +63,411 | 100th percentile |
| 2026-05-12 | Copper | Producer/Merchant/Processor/User | 25,188 | 139,920 | — | -114,732 | -13,318 | -44.16% | -20,296 | 2th percentile |
| 2026-05-12 | Live Cattle | Producer/Merchant/Processor/User | 26,519 | 163,909 | — | -137,390 | +11,277 | -38.70% | +14,132 | 17th percentile |
| 2026-05-12 | Soybeans | Producer/Merchant/Processor/User | 254,661 | 555,040 | — | -300,379 | +11,209 | -30.31% | -13,779 | 19th percentile |
| 2026-05-12 | Soybean Oil | Producer/Merchant/Processor/User | 184,448 | 437,413 | — | -252,965 | +8,698 | -35.92% | -32,339 | 6th percentile |
| 2026-05-12 | Coffee C | Producer/Merchant/Processor/User | 38,841 | 64,470 | — | -25,629 | +6,429 | -14.06% | +2,772 | 63th percentile |
| 2026-05-12 | Lean Hogs | Producer/Merchant/Processor/User | 47,000 | 109,261 | — | -62,261 | +5,934 | -19.37% | +33,341 | 100th 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | Dow Jones | Asset Manager/Institutional | 14,194 | 16,150 | — | -1,956 | -4,594 | -2.38% | -8,109 | 4th percentile |
| 2026-05-12 | CAD | Dealer/Intermediary | 69,818 | 72,243 | — | -2,425 | -5,447 | -0.96% | -77,862 | 17th percentile |
| 2026-05-12 | VIX | Other Reportables | 1,938 | 2,473 | — | -535 | -1,013 | -0.13% | -1,573 | 58th percentile |
| 2026-05-12 | Coffee C | Non-Reportable | 8,261 | 8,670 | — | -409 | -840 | -0.22% | +473 | 6th percentile |
| 2026-05-12 | Rough Rice | Producer/Merchant/Processor/User | 2,933 | 3,639 | — | -706 | -2,996 | -5.70% | -3,606 | 2th percentile |
| 2026-05-12 | Soybean Oil | Other Reportables | 30,225 | 31,660 | 37,924 | -1,435 | -3,363 | -0.20% | +1,836 | 6th percentile |
| 2026-05-12 | Sugar No. 11 | Other Reportables | 63,262 | 65,109 | 67,966 | -1,847 | -17,885 | -0.19% | -624 | 33th percentile |
| 2026-05-12 | Kansas City HRW Wheat | Non-Reportable | 22,360 | 22,754 | — | -394 | -1,601 | -0.13% | +1,832 | 69th percentile |
| 2026-05-12 | Chicago SRW Wheat | Other Reportables | 33,940 | 29,877 | 28,592 | +4,063 | +11,698 | 0.90% | +16,879 | 46th percentile |
| 2026-05-12 | Copper | Other Reportables | 20,251 | 18,430 | 26,836 | +1,821 | +2,445 | 0.70% | -955 | 77th percentile |