Commitments of Traders
Every week the CFTC publishes who holds open futures positions, split by type of trader. These are its figures for the futures that frame US stocks and macro: the S&P 500, Nasdaq-100 and Russell 2000 E-minis, VIX, the 10-year Treasury note, gold and crude oil. Positions are counted in contracts, as of a Tuesday, and the CFTC releases them the Friday after.
Positions as of Tuesday 2026-10-27. Financial futures released 2026-10-30, 3:30 PM New York time; gold and crude 2026-10-30, 3:30 PM New York time. Read from the CFTC 2026-11-03 and kept up to 6 hours.
E-mini S&P 500
Positions as of Tuesday 2026-10-27. Open interest 1,955,711 contracts (+20,241 on the week). Contract size, as the CFTC lists it: $50 X S&P 500 INDEX.
| Trader group | Long | Short | Spread | Net (long minus short) | Long, week | Short, week |
|---|---|---|---|---|---|---|
| Dealers and intermediaries | 193,848 | 833,441 | 74,228 | -639,593 | +9,108 | +11,770 |
| Asset managers and institutions | 1,111,055 | 187,606 | 114,971 | +923,449 | +9,413 | -12,659 |
| Leveraged funds | 102,079 | 502,683 | 44,475 | -400,604 | -32,955 | -3,596 |
| Other reportable traders | 61,346 | 61,665 | 208 | -319 | +2,396 | +765 |
| Nonreportable (small traders) | 253,501 | 136,434 | not reported | +117,067 | +8,484 | +166 |
E-mini Nasdaq-100
Positions as of Tuesday 2026-10-27. Open interest 268,508 contracts (-3,954 on the week). Contract size, as the CFTC lists it: NASDAQ 100 STOCK INDEX X $20.
| Trader group | Long | Short | Spread | Net (long minus short) | Long, week | Short, week |
|---|---|---|---|---|---|---|
| Dealers and intermediaries | 41,368 | 126,882 | 3,929 | -85,514 | +2,893 | -5,715 |
| Asset managers and institutions | 106,192 | 40,811 | 5,318 | +65,381 | -3,793 | +8,616 |
| Leveraged funds | 51,171 | 48,870 | 6,031 | +2,301 | -578 | -1,929 |
| Other reportable traders | 12,857 | 8,278 | 0 | +4,579 | -155 | -2,202 |
| Nonreportable (small traders) | 41,642 | 28,389 | not reported | +13,253 | +38 | -365 |
E-mini Russell 2000
Positions as of Tuesday 2026-10-27. Open interest 458,959 contracts (-7,830 on the week). Contract size, as the CFTC lists it: RUSSEL 2000 INDEX X $50.
| Trader group | Long | Short | Spread | Net (long minus short) | Long, week | Short, week |
|---|---|---|---|---|---|---|
| Dealers and intermediaries | 110,471 | 82,759 | 7,270 | +27,712 | +8,263 | +3,554 |
| Asset managers and institutions | 142,993 | 123,391 | 31,081 | +19,602 | -5,477 | +5,881 |
| Leveraged funds | 118,603 | 166,684 | 16,874 | -48,081 | -7,145 | -12,099 |
| Other reportable traders | 1,942 | 9,198 | 0 | -7,256 | -456 | -1,516 |
| Nonreportable (small traders) | 29,725 | 21,702 | not reported | +8,023 | +497 | -138 |
VIX futures
Positions as of Tuesday 2026-10-27. Open interest 378,372 contracts (-55,406 on the week). Contract size, as the CFTC lists it: $1000 X INDEX.
| Trader group | Long | Short | Spread | Net (long minus short) | Long, week | Short, week |
|---|---|---|---|---|---|---|
| Dealers and intermediaries | 103,523 | 32,756 | 16,026 | +70,767 | -6,340 | +1,272 |
| Asset managers and institutions | 50,638 | 95,062 | 57,174 | -44,424 | -1,970 | -15,005 |
| Leveraged funds | 73,606 | 99,940 | 48,620 | -26,334 | -11,245 | -5,801 |
| Other reportable traders | 3,032 | 1,458 | 3,951 | +1,574 | -92 | +372 |
| Nonreportable (small traders) | 21,802 | 23,385 | not reported | -1,583 | +839 | +354 |
10-year Treasury note
Positions as of Tuesday 2026-10-27. Open interest 5,881,588 contracts (+13,293 on the week). Contract size, as the CFTC lists it: CONTRACTS OF $100,000 FACE VALUE.
| Trader group | Long | Short | Spread | Net (long minus short) | Long, week | Short, week |
|---|---|---|---|---|---|---|
| Dealers and intermediaries | 153,034 | 783,060 | 17,982 | -630,026 | +33,651 | -18,551 |
| Asset managers and institutions | 3,709,233 | 709,069 | 772,382 | +3,000,164 | +33,633 | -41,115 |
| Leveraged funds | 506,310 | 2,733,585 | 133,302 | -2,227,275 | -61,243 | +58,808 |
| Other reportable traders | 166,232 | 332,672 | 2,644 | -166,440 | -9,911 | -12,909 |
| Nonreportable (small traders) | 420,469 | 396,892 | not reported | +23,577 | +2,804 | +12,701 |
Gold (COMEX)
Positions as of Tuesday 2026-10-27. Open interest 396,810 contracts (-5,469 on the week). Contract size, as the CFTC lists it: CONTRACTS OF 100 TROY OUNCES.
| Trader group | Long | Short | Spread | Net (long minus short) | Long, week | Short, week |
|---|---|---|---|---|---|---|
| Producers, merchants, processors and users | 20,487 | 30,061 | not reported | -9,574 | +772 | -4,437 |
| Swap dealers | 20,230 | 226,280 | 23,392 | -206,050 | +2,493 | -12,256 |
| Managed money | 122,508 | 16,946 | 40,502 | +105,562 | +1,538 | +182 |
| Other reportable traders | 101,216 | 20,327 | 19,853 | +80,889 | -14,956 | -186 |
| Nonreportable (small traders) | 48,622 | 19,449 | not reported | +29,173 | -2,785 | +3,759 |
WTI crude oil (NYMEX)
Positions as of Tuesday 2026-10-27. Open interest 1,886,280 contracts (+51,136 on the week). Contract size, as the CFTC lists it: CONTRACTS OF 1,000 BARRELS.
| Trader group | Long | Short | Spread | Net (long minus short) | Long, week | Short, week |
|---|---|---|---|---|---|---|
| Producers, merchants, processors and users | 629,668 | 263,276 | not reported | +366,392 | +3,971 | -2,853 |
| Swap dealers | 135,085 | 604,445 | 141,684 | -469,360 | +4,163 | -2,203 |
| Managed money | 157,433 | 126,305 | 284,987 | +31,128 | -5,980 | -921 |
| Other reportable traders | 172,735 | 129,520 | 284,073 | +43,215 | +1,036 | +10,959 |
| Nonreportable (small traders) | 80,615 | 51,990 | not reported | +28,625 | +4,579 | +2,787 |
Reading the groups
Financial futures use the CFTC's Traders in Financial Futures report: dealers are the banks and brokers on the other side of client trades, asset managers include pension funds, insurers and mutual funds, and leveraged funds are hedge funds and other money managers. Gold and crude use the Disaggregated report, where producers and users hedge their own business, swap dealers hedge swaps they wrote, and managed money is funds trading for clients. Spread is a trader's long and short held together in the same market, counted once on each side. Nonreportable is everyone under the CFTC's reporting size. In every group the longs and spreads, with the small traders, add up to open interest; a contract whose figures do not is withheld.
A group's net position says what it held, not what it expects: a dealer's short can be the hedge of a client's long, and a producer's short is often next year's crop or output. These are positions reported to a regulator, not a forecast or a recommendation.
Source: U.S. Commodity Futures Trading Commission, Commitments of Traders (Traders in Financial Futures, futures only; Disaggregated, futures only), public domain. CFTC · 13F whale flow · economic indicators