CFTC COT data snapshot for 22 September 2026

Week-ended positions · TFF Futures Only and Disaggregated Futures Only · 42 reviewed markets · processed 25 Sept 2026, 19:31

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
2026-09-22US 5YLeveraged Funds649,4032,507,465-1,858,062+128,866+253,748100th percentile
2026-09-22S&P 500Leveraged Funds120,133495,707-375,574-82,431-60,37060th percentile
2026-09-22US 10YLeveraged Funds468,5692,395,516-1,926,947-58,821+207,39292th percentile
2026-09-22US 2YLeveraged Funds725,5222,076,262-1,350,740-56,165-117,98788th percentile
2026-09-22US BondLeveraged Funds201,034363,086-162,052+49,683+140,942100th percentile
2026-09-22Nasdaq-100Leveraged Funds54,03384,716-30,683-24,296+10,54948th percentile
2026-09-22JPYLeveraged Funds92,92385,500+7,423-15,747+84,46598th percentile
2026-09-22Ultra BondLeveraged Funds100,270924,613-824,343-10,917+24,64554th 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
2026-09-22US 10YAsset Manager/Institutional3,318,584787,200+2,531,384-103,596-60,68883th percentile
2026-09-22US 5YAsset Manager/Institutional3,874,5501,157,613+2,716,937-71,512-197,5448th percentile
2026-09-22US BondAsset Manager/Institutional1,101,700688,084+413,616-47,046-108,13212th percentile
2026-09-22US 2YAsset Manager/Institutional2,404,501634,416+1,770,085+37,354+161,22915th percentile
2026-09-22EURAsset Manager/Institutional482,229265,746+216,483-35,215-44,9434th percentile
2026-09-22S&P 500Asset Manager/Institutional1,118,655184,200+934,455+29,771-18,77340th percentile
2026-09-22GBPAsset Manager/Institutional25,632141,437-115,805-26,594-11,31429th percentile
2026-09-22Ultra BondAsset Manager/Institutional1,595,060662,733+932,327+25,448-126,92635th 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
2026-09-22Natural GasManaged Money266,563332,110653,249-65,547+34,658-3.56%+6,12663th percentile
2026-09-22SoybeansManaged Money300,74235,583137,813+265,159+23,65823.79%+64,480100th percentile
2026-09-22CopperManaged Money96,42113,89929,202+82,522+17,41627.35%+6,251100th percentile
2026-09-22Cotton No. 2Managed Money88,88512,70345,061+76,182-15,75319.83%-12,11192th percentile
2026-09-22RBOB GasolineManaged Money108,32412,28638,226+96,038+12,86726.59%+16,38698th percentile
2026-09-22CornManaged Money471,46667,369265,480+404,097-10,36321.79%+86,64996th percentile
2026-09-22Soybean OilManaged Money119,76427,62785,973+92,137-9,34315.21%+7,02160th percentile
2026-09-22Sugar No. 11Managed Money313,92497,295121,592+216,629-8,80118.87%+18,61294th 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
2026-09-22CopperProducer/Merchant/Processor/User29,092141,667—-112,575-14,557-37.31%-12,5526th percentile
2026-09-22Soybean OilProducer/Merchant/Processor/User159,148369,724—-210,576+12,393-34.77%-11,18429th percentile
2026-09-22Cotton No. 2Producer/Merchant/Processor/User65,741220,352—-154,611+11,792-40.26%+15,54912th percentile
2026-09-22SoybeansProducer/Merchant/Processor/User328,041650,281—-322,240-9,911-28.91%-17,84413th percentile
2026-09-22CocoaProducer/Merchant/Processor/User51,53366,014—-14,481+9,259-8.09%+8,95777th percentile
2026-09-22Coffee CProducer/Merchant/Processor/User42,56455,098—-12,534+7,912-8.19%+22,89598th percentile
2026-09-22Natural GasProducer/Merchant/Processor/User239,910263,630—-23,720-6,513-1.29%-4,73525th percentile
2026-09-22Sugar No. 11Producer/Merchant/Processor/User221,007561,148—-340,141+4,951-29.63%-61,0164th 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
2026-09-22Dow JonesOther Reportables5450—+545+5560.61%+54096th percentile
2026-09-22S&P 500Other Reportables49,62178,647—-29,026-29,153-1.53%-19,9792th percentile
2026-09-22GBPOther Reportables460924—-464-924-0.18%-2,78017th percentile
2026-09-22GBPNon-Reportable25,20330,315—-5,112-6,762-2.08%-10,97337th percentile
2026-09-22NZDDealer/Intermediary55,53942,004—+13,535+24,51713.35%-17,2046th percentile
2026-09-22NZDAsset Manager/Institutional11,49922,984—-11,485-21,655-11.32%-11,91592th percentile
2026-09-22BitcoinOther Reportables88199—+782+7963.50%-94267th percentile
2026-09-22Feeder CattleNon-Reportable10,56010,327—+233+2,1490.37%+1,186100th percentile
2026-09-22NY Harbor ULSDOther Reportables9,7268,53229,941+1,194+4,9410.43%+5,35579th percentile