ADJUSTED INT RATE S&P 500 TOTL COT Report, Traders in Financial Futures
Wednesday, October 28, 2026
Leveraged Funds net +42,045 contracts in ADJUSTED INT RATE S&P 500 TOTL, positions as of Tue 20 Oct 2026.
Data as of Positions as of Tue 20 Oct 2026; published Fri 23 Oct 2026
Positions as of Tue 20 Oct 2026 - published Fri 23 Oct 2026 (CFTC, Friday release)
Report family
Traders in Financial Futures
Basis
Futures only
Market
ADJUSTED INT RATE S&P 500 TOTL - CHICAGO MERCANTILE EXCHANGE
CFTC contract code
13874W
Contract unit
S&P 500 Total Return Index X $25
Open interest, contracts
993,334
Change in open interest, contracts
-14,747
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Dealer/Intermediary
375,640
200,985
281,765
+174,655
37.8
20.2
17.6
Asset Manager/Institutional
0
211,972
6,477
-211,972
0.0
21.3
-21.3
Leveraged Funds
150,587
108,542
161,703
+42,045
15.2
10.9
4.2
Other Reportables
0
0
0
+0
0.0
0.0
0.0
Total reportable
976,172
971,444
-
+4,728
98.3
97.8
0.5
Nonreportable
17,162
21,890
-
-4,728
1.7
2.2
-0.5
Leveraged Funds: position against its own history
Weekly net, last 156 reports
Leveraged Funds net, contracts
+42,045
Week change
-3,714
4-week change
-16,349
13-week change
+39,990
Net as % of open interest
4.2%
Percentile, 1 year (52 weeks)
52
Percentile, 3 years (156 weeks)
65
Z-score, 52 weeks
0.04
COT Index, 3 years
65
52-week high of net
+96,348
52-week low of net
-1,053
Traders and concentration
Category
Traders long
Traders short
Dealer/Intermediary
17
17
Asset Manager/Institutional
0
7
Leveraged Funds
11
12
Other Reportables
0
0
Total reportable
59
71
Largest 4 traders, gross long
31.8%
Largest 4 traders, gross short
23.5%
Largest 8 traders, gross long
53.6%
Largest 8 traders, gross short
39.8%
Largest 4 traders, net long
25.6%
Largest 4 traders, net short
22.6%
Largest 8 traders, net long
39.5%
Largest 8 traders, net short
37.3%
Concentration is the share of open interest held by the largest traders, as published in the report.
Latest report, futures and options combined
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Dealer/Intermediary
375,640
200,985
281,765
+174,655
37.8
20.2
17.6
Asset Manager/Institutional
0
211,972
6,477
-211,972
0.0
21.3
-21.3
Leveraged Funds
150,587
108,542
161,703
+42,045
15.2
10.9
4.2
Other Reportables
0
0
0
+0
0.0
0.0
0.0
Total reportable
976,172
971,444
-
+4,728
98.3
97.8
0.5
Nonreportable
17,162
21,890
-
-4,728
1.7
2.2
-0.5
The combined basis adds options converted to futures equivalents at exchange delta factors. The two bases are never mixed in one series; the history on this page is futures only.
Recent reports, net by category
Report date
Open interest
Dealer/Intermediary
Asset Manager/Institutional
Leveraged Funds
Other Reportables
Total reportable
Nonreportable
Tue 20 Oct 2026
993,334
+174,655
-211,972
+42,045
+0
+4,728
-4,728
Tue 13 Oct 2026
1,008,081
+166,674
-206,304
+45,759
+0
+6,129
-6,129
Tue 6 Oct 2026
1,015,668
+168,115
-204,738
+44,375
+0
+7,752
-7,752
Tue 29 Sep 2026
1,007,843
+151,782
-202,667
+57,333
+0
+6,448
-6,448
Tue 22 Sep 2026
978,453
+145,815
-198,119
+58,394
+0
+6,090
-6,090
Tue 15 Sep 2026
1,145,820
+172,754
-199,516
+33,720
+0
+6,958
-6,958
Tue 8 Sep 2026
1,162,851
+190,364
-207,532
+23,463
+0
+6,295
-6,295
Tue 1 Sep 2026
1,147,872
+218,073
-217,687
+8,655
+0
+9,041
-9,041
Tue 25 Aug 2026
1,106,401
+226,111
-218,606
+1,595
+0
+9,100
-9,100
Tue 18 Aug 2026
1,111,145
+222,568
-215,905
+2,853
+0
+9,516
-9,516
Spreading is calendar-spread positions. It prints as its own column and is not part of net. Percentile is the share of weeks in the window with a net at or below the current net. The COT Index places the current net within its 3-year range, 0 at the low and 100 at the high. Gauges print only when the window holds enough history. History is the series as currently published by the CFTC, including its corrections; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal: speculative categories are trend followers and are usually largest near price extremes.
Source: CFTC Commitments of Traders, Traders in Financial Futures report, futures only unless stated. Positions as of Tue 20 Oct 2026, published Fri 23 Oct 2026.