New Zealand dollar COT report: hedge fund and commercial positioning
New Zealand dollar futures on the CME (New Zealand dollar 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 short 23,154 contracts of New Zealand dollar futures.
17.5% of open interest · −600 on the week · −22,367 in four weeks
Short-leaning: COT index 27 of 100 over 52 weeks, 20 over three years (ring).
- Asset managers
Net short 46,700
Pension funds, insurers and mutual funds. 52-week index 22.
- Dealers
Net long 69,388
Banks and market makers. 52-week index 81.
- Open interest
132,550 contracts
Leveraged funds (hedge funds and CTAs) held a net short position of 23,154 contracts in New Zealand dollar (17.5% of open interest), in the lower part of its one-year range.
Asset managers (pension funds, insurers, mutual funds) held a net short position of 46,700 contracts in New Zealand dollar (35.2% of open interest), in the lower part of its one-year range.
Dealers (banks and market makers) held a net long position of 69,388 contracts in New Zealand dollar (52.3% of open interest), in the upper part of its one-year range.
All three groups this week
Leveraged funds
Hedge funds and CTAs
Net short 23,154
contracts, 17.5% of open interest · −600 on the week
Asset managers
Pension funds, insurers, mutual funds
Net short 46,700
contracts, 35.2% of open interest · +141 on the week
Dealers
Banks and market makers
Net long 69,388
contracts, 52.3% of open interest · +1,388 on the week
| Group | Net contracts | % of OI | 1 week | 4 weeks | Index 52W | Index 3Y |
|---|---|---|---|---|---|---|
| Leveraged funds | -23,154 | -17.5% | -600 | -22,367 | 27 | 20 |
| Asset managers | -46,700 | -35.2% | 141 | -14,166 | 22 | 22 |
| Dealers | 69,388 | 52.3% | 1,388 | 38,494 | 81 | 84 |
Open interest 132,550 contracts. Report of November 3, 2026 (Traders in Financial Futures, futures only).
Net positions, three years
Questions
Are hedge funds long or short New Zealand dollar?
Leveraged funds (hedge funds and CTAs) held a net short position of 23,154 contracts in New Zealand dollar (17.5% of open interest), in the lower part of its one-year range. 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.