S&P MidCap 400 (E-mini) COT report: hedge fund and commercial positioning
E-mini S&P MidCap 400 futures on the CME, US mid-cap companies.
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 1,862 contracts of S&P MidCap 400 (E-mini) futures.
4.0% of open interest · −1,331 on the week · −2,901 in four weeks
Mid-range: COT index 58 of 100 over 52 weeks, 58 over three years (ring).
- Asset managers
Net long 9,977
Pension funds, insurers and mutual funds. 52-week index 100.
- Dealers
Net short 15,265
Banks and market makers. 52-week index 12.
- Open interest
46,340 contracts
Leveraged funds (hedge funds and CTAs) held a net long position of 1,862 contracts in S&P MidCap 400 (E-mini) (4.0% of open interest), around the middle of its one-year range.
Asset managers (pension funds, insurers, mutual funds) held a net long position of 9,977 contracts in S&P MidCap 400 (E-mini) (21.5% of open interest), near the most long of the past year.
Dealers (banks and market makers) held a net short position of 15,265 contracts in S&P MidCap 400 (E-mini) (32.9% of open interest), in the lower part of its one-year range.
All three groups this week
Leveraged funds
Hedge funds and CTAs
Net long 1,862
contracts, 4.0% of open interest · −1,331 on the week
Asset managers
Pension funds, insurers, mutual funds
Net long 9,977
contracts, 21.5% of open interest · +755 on the week
Dealers
Banks and market makers
Net short 15,265
contracts, 32.9% of open interest · −298 on the week
| Group | Net contracts | % of OI | 1 week | 4 weeks | Index 52W | Index 3Y |
|---|---|---|---|---|---|---|
| Leveraged funds | 1,862 | 4.0% | -1,331 | -2,901 | 58 | 58 |
| Asset managers | 9,977 | 21.5% | 755 | 647 | 100 | 86 |
| Dealers | -15,265 | -32.9% | -298 | 1,638 | 12 | 13 |
Open interest 46,340 contracts. Report of November 3, 2026 (Traders in Financial Futures, futures only).
Net positions, three years
Questions
Are hedge funds long or short S&P MidCap 400 (E-mini)?
Leveraged funds (hedge funds and CTAs) held a net long position of 1,862 contracts in S&P MidCap 400 (E-mini) (4.0% of open interest), around the middle 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
- S&P 500 (E-mini) COT reportEquity indices
- Nasdaq-100 (E-mini) COT reportEquity indices
- Russell 2000 (E-mini) COT reportEquity indices
- MSCI EAFE COT reportEquity indices
- MSCI Emerging Markets COT reportEquity indices
- Dow Jones (E-mini $5) COT reportEquity indices
- All COT reports52 markets
- How to read the COT reportGuide
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.