Managed Money net +180 contracts in SOCAL CITYGATE FINANCIAL BASIS, positions as of Tue 1 Sep 2026.
Data as of Positions as of Tue 1 Sep 2026; published Fri 4 Sep 2026
Positions as of Tue 1 Sep 2026 - published Fri 4 Sep 2026 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
SOCAL CITYGATE FINANCIAL BASIS - ICE FUTURES ENERGY DIV
CFTC contract code
0233BY
Contract unit
Mmbtu
Open interest, contracts
38,624
Change in open interest, contracts
+1,636
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
22,965
32,863
-
-9,898
59.5
85.1
-25.6
Swap Dealers
9,341
1,692
384
+7,649
24.2
4.4
19.8
Managed Money
420
240
0
+180
1.1
0.6
0.5
Other Reportables
572
486
514
+86
1.5
1.3
0.2
Total reportable
34,196
36,179
-
-1,983
88.5
93.7
-5.1
Nonreportable
4,428
2,445
-
+1,983
11.5
6.3
5.1
Managed Money: position against its own history
Weekly net, last 142 reports
Managed Money net, contracts
+180
Week change
+0
4-week change
+248
13-week change
-17
Net as % of open interest
0.5%
Percentile, 1 year (52 weeks)
77
Percentile, 3 years (156 weeks)
64
Z-score, 52 weeks
0.85
COT Index, 3 years
61
52-week high of net
+1,034
52-week low of net
-2,869
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
12
13
Total reportable
19
18
Largest 4 traders, gross long
51.7%
Largest 4 traders, gross short
63.9%
Largest 8 traders, gross long
75.6%
Largest 8 traders, gross short
84.5%
Largest 4 traders, net long
50.9%
Largest 4 traders, net short
49.9%
Largest 8 traders, net long
63.5%
Largest 8 traders, net short
68.9%
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
22,965
32,863
-
-9,898
59.5
85.1
-25.6
Swap Dealers
9,341
1,692
384
+7,649
24.2
4.4
19.8
Managed Money
420
240
0
+180
1.1
0.6
0.5
Other Reportables
572
486
514
+86
1.5
1.3
0.2
Total reportable
34,196
36,179
-
-1,983
88.5
93.7
-5.1
Nonreportable
4,428
2,445
-
+1,983
11.5
6.3
5.1
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
38,624
Old crop / nearest months, contracts
38,624
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 1 Sep 2026
38,624
-9,898
+7,649
+180
+86
-1,983
+1,983
Tue 25 Aug 2026
36,988
-9,813
+7,408
+180
+270
-1,955
+1,955
Tue 18 Aug 2026
36,046
-10,415
+7,318
+180
+362
-2,555
+2,555
Tue 11 Aug 2026
34,506
-10,110
+6,892
+180
+390
-2,648
+2,648
Tue 4 Aug 2026
38,727
-8,019
+5,900
-68
+264
-1,923
+1,923
Tue 28 Jul 2026
37,576
-6,730
+5,930
+366
+499
+65
-65
Tue 21 Jul 2026
36,643
-8,685
+5,957
+366
+637
-1,725
+1,725
Tue 14 Jul 2026
36,336
-10,166
+6,517
+366
+972
-2,311
+2,311
Tue 7 Jul 2026
33,152
-8,926
+6,123
+366
+699
-1,738
+1,738
Tue 30 Jun 2026
37,638
-8,571
+6,376
+521
+1,002
-672
+672
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 1 Sep 2026, published Fri 4 Sep 2026.