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Dow Jones (E-mini $5) COT report: hedge fund and commercial positioning

E-mini Dow ($5) futures on the CBOT, on the Dow Jones Industrial Average.

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 820 contracts of Dow Jones (E-mini $5) futures.

0.9% of open interest · +724 on the week · +4,987 in four weeks

Extreme long: COT index 93 of 100 over 52 weeks, 57 over three years (ring).

Most shortMost long
Asset managers

Net long 8,220

Pension funds, insurers and mutual funds. 52-week index 57.

Dealers

Net short 14,022

Banks and market makers. 52-week index 21.

Open interest

87,410 contracts

Leveraged funds (hedge funds and CTAs) held a net long position of 820 contracts in Dow Jones (E-mini $5) (0.9% of open interest), near the most long of the past year.

Asset managers (pension funds, insurers, mutual funds) held a net long position of 8,220 contracts in Dow Jones (E-mini $5) (9.4% of open interest), around the middle of its one-year range.

Dealers (banks and market makers) held a net short position of 14,022 contracts in Dow Jones (E-mini $5) (16.0% of open interest), in the lower part of its one-year range.

All three groups this week

Leveraged funds

Hedge funds and CTAs

93

Net long 820

contracts, 0.9% of open interest · +724 on the week

Most shortMost long

Asset managers

Pension funds, insurers, mutual funds

57

Net long 8,220

contracts, 9.4% of open interest · −4,013 on the week

Most shortMost long

Dealers

Banks and market makers

21

Net short 14,022

contracts, 16.0% of open interest · +1,014 on the week

Most shortMost long
GroupNet contracts% of OI1 week4 weeksIndex 52WIndex 3Y
Leveraged funds8200.9%7244,9879357
Asset managers8,2209.4%-4,013-11,4025752
Dealers-14,022-16.0%1,0147,8322127

Open interest 87,410 contracts. Report of November 3, 2026 (Traders in Financial Futures, futures only).

Net positions, three years

-25%0%25%202420252026
Leveraged fundsAsset managersDealers

Questions

Are hedge funds long or short Dow Jones (E-mini $5)?

Leveraged funds (hedge funds and CTAs) held a net long position of 820 contracts in Dow Jones (E-mini $5) (0.9% 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.