Brazilian real COT report: hedge fund and commercial positioning
Brazilian real futures on the CME (real against the US dollar).
Data updated November 3, 2026 (positions as of Tuesday)
This week · report of November 3, 2026
Leveraged funds (hedge funds and CTAs) is net long 38,613 contracts of Brazilian real futures.
22.2% of open interest · +31,013 on the week · +11,217 in four weeks
Extreme long: COT index 100 of 100 over 52 weeks, 100 over three years (ring).
- Asset managers
Net long 49,879
Pension funds, insurers and mutual funds. 52-week index 35.
- Dealers
Net short 97,442
Banks and market makers. 52-week index 0.
- Open interest
173,606 contracts
Leveraged funds (hedge funds and CTAs) held a net long position of 38,613 contracts in Brazilian real (22.2% of open interest), near the most long of the past year.
Asset managers (pension funds, insurers, mutual funds) held a net long position of 49,879 contracts in Brazilian real (28.7% of open interest), in the lower part of its one-year range.
Dealers (banks and market makers) held a net short position of 97,442 contracts in Brazilian real (56.1% of open interest), near the most short of the past year.
All three groups this week
Leveraged funds
Hedge funds and CTAs
Net long 38,613
contracts, 22.2% of open interest · +31,013 on the week
Asset managers
Pension funds, insurers, mutual funds
Net long 49,879
contracts, 28.7% of open interest · −2,131 on the week
Dealers
Banks and market makers
Net short 97,442
contracts, 56.1% of open interest · −24,730 on the week
| Group | Net contracts | % of OI | 1 week | 4 weeks | Index 52W | Index 3Y |
|---|---|---|---|---|---|---|
| Leveraged funds | 38,613 | 22.2% | 31,013 | 11,217 | 100 | 100 |
| Asset managers | 49,879 | 28.7% | -2,131 | -6,731 | 35 | 79 |
| Dealers | -97,442 | -56.1% | -24,730 | -33,759 | 0 | 0 |
Open interest 173,606 contracts. Report of November 3, 2026 (Traders in Financial Futures, futures only).
Net positions, three years
Questions
Are hedge funds long or short Brazilian real?
Leveraged funds (hedge funds and CTAs) held a net long position of 38,613 contracts in Brazilian real (22.2% of open interest), near the most long of the past year. Report of November 3, 2026.
What is the COT report?
The Commitments of Traders is a weekly CFTC report of open positions in US futures markets, split by type of trader. It reflects positions as of Tuesday and is published on Friday afternoon. Commodity markets use the Disaggregated report (producers, swap dealers, managed money); financial futures use the Traders in Financial Futures report (dealers, asset managers, leveraged funds).
What is the COT index?
It places the latest net position between the lowest (0) and highest (100) of a look-back window, here 52 weeks and 3 years. Readings near 0 or 100 mean the group is at an extreme of its recent range; they describe positioning and do not predict prices on their own.
Related
Source: CFTC Commitments of Traders (Traders in Financial Futures, futures only). Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.