CFTC COT report for 21 July 2026

Week-ended positions · TFF Futures Only and Disaggregated Futures Only · 42 reviewed markets · processed 31 Jul 2026, 19:30

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
2026-07-21US 2YLeveraged Funds358,2971,953,425-1,595,128+76,638+192,424100th percentile
2026-07-21S&P 500Leveraged Funds146,834469,699-322,865+42,137+50,60396th percentile
2026-07-21US BondLeveraged Funds140,951532,337-391,386-25,698-40,44012th percentile
2026-07-21US 5YLeveraged Funds376,8862,508,314-2,131,428+25,322+34,14598th percentile
2026-07-21US 10YLeveraged Funds382,3422,447,147-2,064,805+14,848-126,05862th percentile
2026-07-21Russell 2000Leveraged Funds55,341128,809-73,468+14,644-17,04033th percentile
2026-07-21Ultra BondLeveraged Funds62,668961,833-899,165+11,287+26,38515th percentile
2026-07-21Nasdaq-100Leveraged Funds46,344121,034-74,690-10,527-23,6282th 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
2026-07-21US 2YAsset Manager/Institutional2,407,459586,571+1,820,888-51,927-196,4412th percentile
2026-07-21US 5YAsset Manager/Institutional3,887,2541,037,129+2,850,125-44,793-59,24413th percentile
2026-07-21JPYAsset Manager/Institutional72,045151,951-79,906-26,089-1,5424th percentile
2026-07-21US 10YAsset Manager/Institutional3,270,327733,141+2,537,186+24,755+143,099100th percentile
2026-07-21US BondAsset Manager/Institutional1,088,094529,558+558,536+18,503-41,28894th percentile
2026-07-21EURAsset Manager/Institutional458,394229,467+228,927-18,389-25,8032th percentile
2026-07-21GBPAsset Manager/Institutional18,950138,039-119,089+12,315+30,33515th percentile
2026-07-21S&P 500Asset Manager/Institutional1,143,723214,564+929,159-11,313-63,57046th 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
2026-07-21SoybeansManaged Money180,16349,658153,594+130,505+55,31412.48%+93,51956th percentile
2026-07-21CornManaged Money305,756249,043230,173+56,713+45,3523.25%+131,53275th percentile
2026-07-21Soybean MealManaged Money130,15256,67671,666+73,476+26,90011.88%+61,11775th percentile
2026-07-21Live CattleManaged Money90,21914,53846,414+75,681-22,45424.96%-49,9022th percentile
2026-07-21Chicago SRW WheatManaged Money74,20692,605111,106-18,399+16,488-4.03%+52,03479th percentile
2026-07-21Lean HogsManaged Money48,00775,79848,528-27,791+15,390-10.38%+5,86112th percentile
2026-07-21Kansas City HRW WheatManaged Money65,42538,71562,160+26,710+12,9219.08%+27,46888th percentile
2026-07-21Soybean OilManaged Money143,15922,91390,712+120,246+12,30118.17%+17,04077th 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
2026-07-21CornProducer/Merchant/Processor/User335,128814,388-479,260-62,160-27.50%-128,74325th percentile
2026-07-21SoybeansProducer/Merchant/Processor/User316,717582,675-265,958-58,397-25.44%-64,65444th percentile
2026-07-21Soybean MealProducer/Merchant/Processor/User124,343373,936-249,593-28,792-40.36%-60,26819th percentile
2026-07-21Kansas City HRW WheatProducer/Merchant/Processor/User28,724119,103-90,379-16,002-30.72%-32,1644th percentile
2026-07-21WTI Crude OilProducer/Merchant/Processor/User673,702290,352+383,350-15,94820.56%+4,47496th percentile
2026-07-21Soybean OilProducer/Merchant/Processor/User195,093404,824-209,731-14,155-31.69%-16,88523th percentile
2026-07-21Lean HogsProducer/Merchant/Processor/User36,63757,318-20,681-10,948-7.72%-1,96690th percentile
2026-07-21Live CattleProducer/Merchant/Processor/User37,121149,142-112,021+9,240-36.95%+29,06798th 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
2026-07-21Nasdaq-100Other Reportables8,5658,265+300+4,4520.10%+1,96415th percentile
2026-07-21Russell 2000Asset Manager/Institutional158,360159,250-890-8,444-0.21%-6,25515th percentile
2026-07-21S&P 500Other Reportables52,27449,406+2,868+3,0300.14%-11,1934th percentile
2026-07-21VIXNon-Reportable25,65324,190+1,463+2,7870.36%+3,53275th percentile
2026-07-21US 10YNon-Reportable382,845393,257-10,412-38,498-0.19%-19,4842th percentile
2026-07-21CocoaOther Reportables14,67311,60423,837+3,069+6,5391.52%+4,75973th percentile
2026-07-21Orange JuiceNon-Reportable1,9841,940+44+1850.45%+47958th percentile
2026-07-21Chicago SRW WheatNon-Reportable33,25438,432-5,178-5,883-1.13%-4,94510th percentile