Managed Money net -3,216 contracts in PG&E CITYGATE FIN BASIS, 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
Disaggregated
Basis
Futures only
Market
PG&E CITYGATE FIN BASIS - ICE FUTURES ENERGY DIV
CFTC contract code
023394
Contract unit
Contracts Of 2,500 Mmbtu'S
Open interest, contracts
183,450
Change in open interest, contracts
+3,479
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
142,932
135,363
-
+7,569
77.9
73.8
4.1
Swap Dealers
15,761
27,163
5,402
-11,402
8.6
14.8
-6.2
Managed Money
1,943
5,159
5,326
-3,216
1.1
2.8
-1.8
Other Reportables
2,691
0
647
+2,691
1.5
0.0
1.5
Total reportable
174,702
179,060
-
-4,358
95.2
97.6
-2.4
Nonreportable
8,748
4,390
-
+4,358
4.8
2.4
2.4
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-3,216
Week change
-47
4-week change
+486
13-week change
-4,041
Net as % of open interest
-1.8%
Percentile, 1 year (52 weeks)
12
Percentile, 3 years (156 weeks)
8
Z-score, 52 weeks
-0.95
COT Index, 3 years
12
52-week high of net
+12,719
52-week low of net
-6,005
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
24
23
Swap Dealers
5
-
Managed Money
-
5
Other Reportables
-
0
Total reportable
40
38
Largest 4 traders, gross long
49.2%
Largest 4 traders, gross short
61.5%
Largest 8 traders, gross long
63.1%
Largest 8 traders, gross short
76.6%
Largest 4 traders, net long
49.0%
Largest 4 traders, net short
55.9%
Largest 8 traders, net long
61.2%
Largest 8 traders, net short
69.0%
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
Producer/Merchant/Processor/User
142,932
135,363
-
+7,569
77.9
73.8
4.1
Swap Dealers
15,761
27,163
5,402
-11,402
8.6
14.8
-6.2
Managed Money
1,943
5,159
5,326
-3,216
1.1
2.8
-1.8
Other Reportables
2,691
0
647
+2,691
1.5
0.0
1.5
Total reportable
174,702
179,060
-
-4,358
95.2
97.6
-2.4
Nonreportable
8,748
4,390
-
+4,358
4.8
2.4
2.4
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.
Open interest by maturity split
All contract months, contracts
183,450
Old crop / nearest months, contracts
183,450
Other months, contracts
0
Recent reports, net by category
Report date
Open interest
Producer/Merchant/Processor/User
Swap Dealers
Managed Money
Other Reportables
Total reportable
Nonreportable
Tue 20 Oct 2026
183,450
+7,569
-11,402
-3,216
+2,691
-4,358
+4,358
Tue 13 Oct 2026
179,971
+7,342
-10,829
-3,169
+2,696
-3,960
+3,960
Tue 6 Oct 2026
177,834
+7,222
-10,744
-2,832
+2,842
-3,512
+3,512
Tue 29 Sep 2026
191,458
+10,475
-12,558
-4,416
+1,821
-4,678
+4,678
Tue 22 Sep 2026
188,813
+8,347
-13,060
-3,702
+2,450
-5,965
+5,965
Tue 15 Sep 2026
188,297
+8,248
-11,452
-3,111
+946
-5,369
+5,369
Tue 8 Sep 2026
186,519
+7,554
-9,401
-3,070
+1,246
-3,671
+3,671
Tue 1 Sep 2026
197,063
+7,123
-9,746
-2,631
+2,313
-2,941
+2,941
Tue 25 Aug 2026
191,612
+7,190
-9,914
-2,463
+2,036
-3,151
+3,151
Tue 18 Aug 2026
181,397
+10,020
-12,329
-3,577
+1,268
-4,618
+4,618
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, Disaggregated report, futures only unless stated. Positions as of Tue 20 Oct 2026, published Fri 23 Oct 2026.