E-MINI S&P 500 COT Report, Traders in Financial Futures
Wednesday, October 28, 2026
Leveraged Funds net -371,245 contracts in E-MINI S&P 500, 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
E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
CFTC contract code
13874A
Contract unit
$50 X S&P 500 Index
Open interest, contracts
1,935,470
Change in open interest, contracts
+3,863
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Dealer/Intermediary
184,740
821,671
51,346
-636,931
9.5
42.5
-32.9
Asset Manager/Institutional
1,101,642
200,265
103,536
+901,377
56.9
10.3
46.6
Leveraged Funds
135,034
506,279
54,877
-371,245
7.0
26.2
-19.2
Other Reportables
58,950
60,900
328
-1,950
3.0
3.1
-0.1
Total reportable
1,690,453
1,799,202
-
-108,749
87.3
93.0
-5.6
Nonreportable
245,017
136,268
-
+108,749
12.7
7.0
5.6
Leveraged Funds: position against its own history
Weekly net, last 156 reports
Leveraged Funds net, contracts
-371,245
Week change
+37,481
4-week change
+4,329
13-week change
-48,380
Net as % of open interest
-19.2%
Percentile, 1 year (52 weeks)
62
Percentile, 3 years (156 weeks)
36
Z-score, 52 weeks
0.24
COT Index, 3 years
44
52-week high of net
-233,412
52-week low of net
-515,520
Traders and concentration
Category
Traders long
Traders short
Dealer/Intermediary
38
29
Asset Manager/Institutional
166
39
Leveraged Funds
59
81
Other Reportables
15
11
Total reportable
322
254
Largest 4 traders, gross long
9.9%
Largest 4 traders, gross short
27.8%
Largest 8 traders, gross long
17.7%
Largest 8 traders, gross short
40.7%
Largest 4 traders, net long
9.6%
Largest 4 traders, net short
26.5%
Largest 8 traders, net long
16.3%
Largest 8 traders, net short
39.2%
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
178,823
821,677
213,545
-642,854
6.4
29.2
-22.8
Asset Manager/Institutional
1,094,619
202,766
139,014
+891,853
38.9
7.2
31.7
Leveraged Funds
146,622
493,784
679,705
-347,162
5.2
17.5
-12.3
Other Reportables
56,927
62,380
17,785
-5,453
2.0
2.2
-0.2
Total reportable
2,527,041
2,630,657
-
-103,616
89.8
93.5
-3.7
Nonreportable
287,149
183,533
-
+103,616
10.2
6.5
3.7
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
1,935,470
-636,931
+901,377
-371,245
-1,950
-108,749
+108,749
Tue 13 Oct 2026
1,931,607
-602,358
+915,835
-408,726
-11,079
-106,328
+106,328
Tue 6 Oct 2026
1,932,227
-600,841
+906,615
-415,087
-1,692
-111,005
+111,005
Tue 29 Sep 2026
1,895,922
-606,988
+904,003
-372,489
-31,744
-107,218
+107,218
Tue 22 Sep 2026
1,890,653
-634,203
+934,455
-375,574
-29,026
-104,348
+104,348
Tue 15 Sep 2026
2,446,519
-702,938
+904,684
-293,143
+127
-91,270
+91,270
Tue 8 Sep 2026
2,071,836
-685,342
+912,361
-341,104
-11,968
-126,053
+126,053
Tue 1 Sep 2026
2,046,914
-720,747
+934,180
-317,564
-5,923
-110,054
+110,054
Tue 25 Aug 2026
2,045,669
-761,036
+953,228
-315,204
-9,047
-132,059
+132,059
Tue 18 Aug 2026
2,072,358
-784,415
+960,566
-281,402
-18,862
-124,113
+124,113
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.