Commitments of Traders, updated every week
Every week the US regulator CFTC publishes the positions of large traders in futures. Below is the latest reading for twelve widely followed markets: the net position per group, the change since last week and how that reading compares with the past three years.
Positions as of Tuesday, September 22, 2026. The CFTC publishes every Friday the positions of the Tuesday before.
| Leveraged funds | Asset managers | ||||||
|---|---|---|---|---|---|---|---|
| Market | Net | Week | 3-year standing | Net | Week | 3-year standing | Open interest |
| S&P 500 | -375,574 | -82,431 | 32 | +934,455 | +29,771 | 52 | 1,890,653 |
| Nasdaq 100 | -30,683 | -24,296 | 62 | +72,220 | +5,409 | 44 | 286,321 |
| Dow Jones | -4,109 | -1,672 | 40 | +14,217 | +6,283 | 89 | 88,087 |
| VIX | -15,015 | +1,489 | 72 | -55,380 | -2,722 | 2 | 412,323 |
| US Treasury 10-year | -1,926,947 | -58,821 | 51 | +2,531,384 | -103,596 | 94 | 5,407,726 |
| Euro | -26,694 | +1,462 | 18 | +216,483 | -35,215 | 14 | 821,689 |
| Japanese yen | +7,423 | -15,747 | 89 | +41,629 | -12,216 | 70 | 378,701 |
| Bitcoin (CME) | -7,953 | -1,599 | 86 | +3,171 | +411 | 10 | 22,315 |
| Managed money | Producers and merchants | ||||||
|---|---|---|---|---|---|---|---|
| Market | Net | Week | 3-year standing | Net | Week | 3-year standing | Open interest |
| Gold | +127,389 | -5,727 | 47 | -26,777 | +1,284 | 81 | 412,800 |
| Silver | +13,309 | +185 | 31 | -18,512 | -1,158 | 81 | 106,474 |
| Crude oil (WTI) | +101,828 | -4,451 | 52 | +302,900 | -4,509 | 85 | 1,841,811 |
| Natural gas | -65,547 | +34,658 | 43 | -23,720 | -6,513 | 62 | 1,837,146 |
Figures in contracts. Net is long minus short. Week is the change in net position since last week. 3-year standing: 100 is the highest net position of the past three years, close to 0 the lowest.
COT stands for Commitments of Traders. Anyone holding a position above a certain size in US futures must report it to the regulator, the CFTC. The CFTC adds those positions up per group of traders and publishes the result every week.
So you never see a single party, but the sum of a whole group: leveraged funds, asset managers, producers or dealers. That is how the report shows how large money as a whole is positioned.
The figures lag by three days. Positions are as of Tuesday at the close, publication follows on Friday.
The CFTC classifies traders differently for financial markets than for commodities. These are the four groups in the table.
Mostly hedge funds and other parties trading with borrowed money. They switch sides the fastest and are therefore often seen as the speculative group.
Pension funds, insurers and mutual funds. They mostly use futures to implement a long-term investment and are therefore often net long in equity indices.
The speculative group in commodities: trend-following funds and trading advisors managing other people's money.
Companies that extract, grow or process the commodity themselves. They hedge their business risk with futures and are therefore often net short.
The Insiviz dashboard has all 25 markets, with the history per group since 2006. Futures positioning is part of the Investor plan.
The Commitments of Traders report is a weekly overview by the US regulator CFTC. For each futures market it shows how many contracts each group of traders holds long and short.
Every Friday at 3:30 p.m. New York time. The figures are the positions of the Tuesday before. Around US holidays publication can be later.
Net is the number of long contracts minus the number of short contracts of a group. If the result is positive the group is net long. If it is negative the group is net short.
It compares the current net position with the readings of the same group over the past three years. A high or low standing means the position is unusual compared with the past. It does not say what the price will do.
For indices, rates, currencies and crypto the Traders in Financial Futures report. For commodities the Disaggregated report. Both come directly from the CFTC.
No. The page shows how groups of traders are positioned. Other people's positions say nothing about what a price will do, and Insiviz does not give advice.
Source: U.S. Commodity Futures Trading Commission (CFTC), Commitments of Traders. Insiviz is not affiliated with the CFTC.
This page is information and not advice.