Nasdaq 100 COT Positioning
How large traders are positioned in Nasdaq 100 futures, straight from the weekly CFTC Commitments of Traders report. Updated within minutes of every Friday release.
What the positioning says
Leveraged funds are net short 14,092 contracts and trimmed that short position over the past week. That leaves positioning at the 70th percentile of its 52-week range — approaching the stretched end, though not yet at an extreme.
WAVG reads this the same way every week across every market, names the factors behind the bias, and flags when positioning reaches an extreme that has historically preceded a turn.
What moves Nasdaq 100 positioning
The E-mini Nasdaq 100 carries the same groups as the S&P but a heavier tech and growth tilt and far more mega-cap concentration — a handful of names drive the index, so positioning reacts to their earnings and guidance.
It is the most rate-sensitive of the US indices: because growth stocks are long-duration, positioning tightens when long-term yields rise and loosens when the Fed turns dovish. Watched against the S&P, a Nasdaq position running far hotter than the broad market flags a crowded growth trade.
This week's report
| Trader group | Long | Short | Net |
|---|---|---|---|
| Leveraged funds | 55,361 | 69,453 | −14,092 |
| Asset managers | 108,397 | 36,520 | +71,877 |
| Dealers | 58,239 | 137,013 | −78,774 |
Contracts held long, short and net as of Sep 1, 2026 (published Sep 4, 2026). Source: CFTC.
See the full Nasdaq 100 analysis
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