CFTC COT report for 28 July 2026

Week-ended positions · TFF Futures Only and Disaggregated Futures Only · 42 reviewed markets · processed 1 Aug 2026, 23:14

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
2026-07-28US 10YLeveraged Funds309,4802,465,219-2,155,739-90,934-185,88848th percentile
2026-07-28Ultra BondLeveraged Funds74,405937,043-862,638+36,527+47,26431th percentile
2026-07-28US 2YLeveraged Funds456,4702,020,764-1,564,294+30,834+184,581100th percentile
2026-07-28S&P 500Leveraged Funds155,964453,440-297,476+25,389+62,99396th percentile
2026-07-28US 5YLeveraged Funds426,0562,534,694-2,108,638+22,790+37,65298th percentile
2026-07-28Nasdaq-100Leveraged Funds61,233119,531-58,298+16,392+10,3198th percentile
2026-07-28VIXLeveraged Funds79,88892,177-12,289-15,387-10,27292th percentile
2026-07-28EURLeveraged Funds92,672157,870-65,198-8,527-32,5542th 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
2026-07-28US 10YAsset Manager/Institutional3,349,615737,651+2,611,964+74,778+233,814100th percentile
2026-07-28US 5YAsset Manager/Institutional3,903,3611,007,112+2,896,249+46,124-34,62125th percentile
2026-07-28US 2YAsset Manager/Institutional2,425,700580,688+1,845,012+24,124-114,9986th percentile
2026-07-28GBPAsset Manager/Institutional12,433153,344-140,911-21,822+15,3968th percentile
2026-07-28EURAsset Manager/Institutional449,191239,865+209,326-19,601-45,8322th percentile
2026-07-28Ultra BondAsset Manager/Institutional1,699,551567,764+1,131,787+18,565+5,25279th percentile
2026-07-28S&P 500Asset Manager/Institutional1,159,241214,471+944,770+15,611-31,41962th percentile
2026-07-28VIXAsset Manager/Institutional48,68479,998-31,314+10,225+1,34421th 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
2026-07-28CornManaged Money314,454187,678224,887+126,776+70,0637.29%+193,77277th percentile
2026-07-28SoybeansManaged Money199,63739,158150,261+160,479+29,97415.73%+122,33062th percentile
2026-07-28WTI Crude OilManaged Money193,959101,016258,553+92,943+28,9644.99%+11,66187th percentile
2026-07-28Soybean MealManaged Money131,67743,98177,921+87,696+14,22014.10%+82,95679th percentile
2026-07-28Sugar No. 11Managed Money175,285291,709124,002-116,424-13,742-11.27%+41,77871th percentile
2026-07-28Soybean OilManaged Money130,93323,03590,462+107,898-12,34816.59%+15,95269th percentile
2026-07-28Chicago SRW WheatManaged Money85,16893,331110,546-8,163+10,236-1.76%+59,39888th percentile
2026-07-28Lean HogsManaged Money52,48471,60249,262-19,118+8,673-7.12%+19,29317th 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
2026-07-28CornProducer/Merchant/Processor/User320,246865,651-545,405-66,145-31.40%-192,36417th percentile
2026-07-28SoybeansProducer/Merchant/Processor/User283,941582,088-298,147-32,189-29.22%-133,25323th percentile
2026-07-28WTI Crude OilProducer/Merchant/Processor/User648,607296,817+351,790-31,56018.91%-19,43779th percentile
2026-07-28Natural GasProducer/Merchant/Processor/User222,959239,976-17,017+16,090-1.01%+14,48346th percentile
2026-07-28Sugar No. 11Producer/Merchant/Processor/User227,912340,274-112,362+14,186-10.87%-15915th percentile
2026-07-28Live CattleProducer/Merchant/Processor/User41,461140,446-98,985+13,036-33.16%+35,864100th percentile
2026-07-28Soybean OilProducer/Merchant/Processor/User192,012392,841-200,829+8,902-30.89%-10,57427th percentile
2026-07-28Soybean MealProducer/Merchant/Processor/User120,638377,997-257,359-7,766-41.39%-76,52117th 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
2026-07-28Nasdaq-100Other Reportables10,35411,266-912-1,212-0.30%+3713th percentile
2026-07-28Russell 2000Asset Manager/Institutional158,482157,530+952+1,8420.22%-6,87919th percentile
2026-07-28S&P 500Other Reportables49,48652,711-3,225-6,093-0.16%-13,5702th percentile
2026-07-28JPYNon-Reportable47,31941,932+5,387+8,1601.24%-1,61885th percentile
2026-07-28VIXLeveraged Funds79,88892,177-12,289-15,387-3.58%-10,27292th percentile
2026-07-28VIXNon-Reportable20,78424,760-3,976-5,439-1.15%-1,75610th percentile
2026-07-28Lean HogsNon-Reportable19,38120,063-682-992-0.25%-2,70088th percentile
2026-07-28Kansas City HRW WheatNon-Reportable20,42419,646+778+2,3560.25%+4,75690th percentile