E-mini Nasdaq-100 (CME)

Nasdaq 100 / QQQ positioning

Price series: QQQ ETF · positions as of Tuesday Nov 3, 2026, published Friday Nov 6, 2026

Last weekly close · QQQ ETF
647.05
Asset managers net position (contracts)
73,137

The CFTC does not report positioning on the QQQ ETF itself. Positioning here comes from E-mini Nasdaq-100 futures, the standard proxy.

This week · published Nov 6, 2026

Nasdaq 100 / QQQ, week of Nov 3, 2026: Leveraged funds sit at the 93rd percentile of their 3-year range — near the most bullish of the past 3 years. They added 7,772 net long contracts on the week. 8-week signal: bullish divergence.

COT Index

0–100 · vs last 3 years

How extreme today's positioning is compared with this group's own history.

Each group's current net position, rescaled 0–100 against its own high and low over the selected lookback. 0 = most bearish it has been in that window, 100 = most bullish. Unitless by design, so markets of very different sizes can be compared.

Non-commercial (large specs)84 · stretched long

Near the most bullish this group has been in the window.

Commercial (hedgers)6 · stretched short

Near the most bearish this group has been in the window.

Asset managers60 · neutral

Middle of its own historical range — nothing stretched.

Leveraged funds93 · stretched long

Near the most bullish this group has been in the window.

0 · most bearish50 · mid-range100 · most bullish

COT Index = ((Current − Min) / (Max − Min)) × 100, over the last 3 years

Method credit: the 0–100 normalization goes back to Larry Williams' COT work in the 1980s and was developed and popularized by Stephen Briese, author of The Commitments of Traders Bible.

Asset managers — COT index history (0–100, rolling 3 years window)

More in Equity indices

Source: CFTC Commitments of Traders — positions as of Tuesday, published the following Friday. All position figures are futures contracts unless the % of open interest view is selected. Positioning is a sentiment tool, not a timing signal. Not investment advice.