Commitments of Traders · Disaggregated, futures only

What positions do traders hold in NAT GAS ICE LD1 futures?

In NAT GAS ICE LD1 futures, managed money held a net long position of 131,088 contracts and open interest was 7,844,136 contracts on (CFTC Commitments of Traders, released ).

Net positions in NAT GAS ICE LD1 futures each week: managed money, producers, merchants, processors and users, swap dealers, contracts

8 November 2016 to 20 October 2026Net is long less short, ours; contracts

Net positions in NAT GAS ICE LD1 futures each week: managed money, producers, merchants, processors and users, swap dealers, contracts (8 November 2016 to 20 October 2026)
Net positions in NAT GAS ICE LD1 futures each week: managed money, producers, merchants, processors and users, swap dealers, contracts (22 October 2024 to 20 October 2026)

The lines

  • Managed money+131,088
  • Producers, merchants, processors and users+2,141,476
  • Swap dealers−2,043,814

Open interest in NAT GAS ICE LD1 futures each week, contracts

8 November 2016 to 20 October 2026Contracts

Open interest in NAT GAS ICE LD1 futures each week, contracts (8 November 2016 to 20 October 2026)
Open interest in NAT GAS ICE LD1 futures each week, contracts (22 October 2024 to 20 October 2026)

Each point is one week of NAT GAS ICE LD1 futures from the CFTC's Disaggregated report (futures only): the net position, long contracts less short contracts, of one group of traders, or all open contracts. The chart shows up to the newest ten years. Pointing at the chart shows the week and the value.

Select a line to followLatest:

Inspect and compare dates

The latest week of NAT GAS ICE LD1 futures beside the one before it and the nearest ones a year and five years earlier. The weeks of the last two years and every group's long and short are in the tables under "The numbers behind the chart".

Positions in NAT GAS ICE LD1 futures in the week of 20 October 2026 beside earlier weeks (contracts)
MeasureLatestThe week beforeA year earlierFive years earlier
Week
Open interest7,844,1367,781,0057,842,7346,694,585
Managed money, net+131,088+114,845+1,078,535+671,592
Producers, merchants, processors and users, net+2,141,476+2,026,015+1,724,910+2,847,159
Swap dealers, net−2,043,814−2,053,177−2,917,483−3,731,560

The table scrolls sideways; the first column stays in place.

Observed .

Right now

Managed money held a net long position of 131,088 contracts in NAT GAS ICE LD1 futures in the week to , the largest net long since the week of .

The producers, merchants, processors and users were net long 2,141,476 contracts that week, and swap dealers net short 2,043,814 contracts.

See every week of the last two years

Open interestNAT GAS ICE LD1, week of 20 October 2026

Open interest was 7,844,136 contracts in the week to , the most since the week of .

+63,131 contracts from the week before, held by 279 reporting traders.

See the long and short of each group

RecordsOurs, since the week of 12 January 2010

Open interest was highest at 8,202,201 contracts in the week of .

Managed money held their largest net long, 1,182,206 contracts, in the week of , and their largest net short, 186,170 contracts, in the week of .

See each group's positions

The other groupsNet, and the last week larger

Producers, merchants, processors and users: net long 2,141,476 contracts, the largest net long since the week of .

Swap dealers: net short 2,043,814 contracts, the largest net short since the week of .

Other reportable traders: net short 255,227 contracts, the largest net short since the week of .

See each group's positions

Understanding the futures positions report

Where it stands today

Managed money were net long 131,088 contracts in NAT GAS ICE LD1 futures in the week of 20 October 2026.

Who are the groups in the report?

The CFTC's Disaggregated report, one of its Commitments of Traders reports, gives the positions held in each commodity futures market on a Tuesday, sorted by kind of trader: managed money, producers, merchants, processors and users, swap dealers, other reportable traders and traders below the reporting level.

Read more

A position is a number of contracts, long or short; swap dealers, managed money and other reportables also report spread positions, which hold both. The CFTC assigns each reporting trader to a group from the business the trader reports. This page uses the report's futures-only figures, which leave out options. The report gives the contract size of NAT GAS ICE LD1 futures as (Contracts of 2,500 MMBTU'S), and the market as NAT GAS ICE LD1 - ICE FUTURES ENERGY DIV.

What 500metrics adds: net positions (long less short, which leave out spread positions), the change from the week before, the records since the week of 12 January 2010, and the last week a group's net position was larger on the same side.

The numbers behind the chart

How were the NAT GAS ICE LD1 positions split between long and short?Week of 20 October 2026, contracts
Long, short and spread positions of each group in NAT GAS ICE LD1 futures (NAT GAS ICE LD1 - ICE FUTURES ENERGY DIV), week of 20 October 2026 (contracts; net is ours)
GroupLongShortSpreadNet
Managed money580,204449,116864,909+131,088
Producers, merchants, processors and users4,503,6092,362,133n/a+2,141,476
Swap dealers901,4742,945,288328,817−2,043,814
Other reportable traders146,654401,881473,011−255,227
Nonreportable (below the reporting level)45,45818,981n/a+26,477

The table scrolls sideways; the first column stays in place.

What were the net positions in NAT GAS ICE LD1 futures each week?104 weeks, newest first, since 29 October 2024
Open interest and net positions in NAT GAS ICE LD1 futures by week, newest first (contracts; net is ours)
WeekOpen interestManaged money, netProducers, merchants, processors and users, netSwap dealers, netOther reportable traders, net
7,844,136+131,088+2,141,476−2,043,814−255,227
7,781,005+114,845+2,026,015−2,053,177−113,994
7,749,633+141,483+2,074,272−2,080,998−161,129
7,686,828+216,972+2,004,240−2,090,611−157,700
8,014,941+160,768+2,080,205−2,189,993−71,173
7,995,976+189,701+2,024,356−2,137,105−95,333
7,888,051+175,130+1,961,614−2,087,785−66,866
7,816,562+161,392+1,890,634−2,053,109−15,275
8,161,366+135,452+2,099,371−2,194,186−59,910
7,993,338+140,230+2,062,028−2,154,728−65,611
7,873,079+168,923+2,055,410−2,158,833−84,472
7,798,054+158,105+2,086,651−2,149,385−121,875
8,028,413+188,030+2,218,271−2,297,229−134,545
7,948,088+197,869+2,193,193−2,290,337−130,486
7,918,011+228,894+2,158,578−2,288,421−128,275
7,782,336+279,088+2,044,998−2,289,325−63,117
7,697,319+302,735+2,019,986−2,308,699−42,875
8,001,089+330,277+2,201,611−2,447,933−114,431
7,985,695+352,182+2,155,287−2,413,855−121,571
7,865,641+382,649+2,115,662−2,395,475−129,254
7,776,410+399,191+2,042,698−2,382,322−111,489
8,075,218+376,896+2,269,884−2,499,694−178,856
8,023,396+383,979+2,124,281−2,484,666−51,919
7,983,208+395,955+2,161,840−2,454,189−134,082
7,901,199+400,904+2,149,583−2,461,263−120,202
8,169,743+354,682+2,335,530−2,571,669−171,847
Show 78 more rows
Open interest and net positions in NAT GAS ICE LD1 futures by week, newest first (contracts; net is ours) (continued)
WeekOpen interestManaged money, netProducers, merchants, processors and users, netSwap dealers, netOther reportable traders, net
8,092,686+322,058+2,358,874−2,565,142−143,715
7,989,734+415,596+2,262,271−2,586,531−120,461
7,883,735+566,017+2,140,334−2,621,051−111,890
7,826,536+614,366+2,146,490−2,658,744−125,027
8,083,505+609,383+2,305,187−2,796,931−137,951
7,925,444+610,244+2,140,818−2,739,146−29,363
7,806,160+632,938+2,089,804−2,700,856−40,083
7,665,882+620,913+2,001,890−2,682,469+41,946
7,880,954+576,891+2,128,682−2,749,310+25,040
7,803,992+624,851+1,996,226−2,699,132+56,991
7,726,559+627,565+1,966,213−2,720,560+115,339
7,662,225+626,951+1,937,738−2,695,187+115,776
7,987,969+798,965+2,030,433−2,876,302+30,820
7,926,931+701,515+1,992,554−2,766,572+57,684
7,891,227+798,940+1,942,497−2,817,492+60,437
7,822,043+738,723+1,945,648−2,854,471+158,524
7,810,169+852,224+1,928,886−2,925,725+137,732
8,149,555+955,038+1,981,578−3,017,985+73,809
8,027,266+943,416+1,857,388−2,968,343+147,819
8,052,297+1,108,839+1,691,365−3,042,687+225,062
7,926,963+1,105,808+1,650,468−2,946,425+174,942
8,202,201+1,077,872+1,712,977−2,950,508+127,966
8,135,916+1,065,565+1,800,056−2,990,234+108,112
8,042,450+1,114,060+1,734,877−2,938,744+73,750
7,916,390+1,091,498+1,700,565−2,885,428+75,002
8,119,955+907,534+1,768,428−2,896,191+192,936
7,952,176+1,014,415+1,714,151−2,925,829+174,379
7,842,734+1,078,535+1,724,910−2,917,483+90,232
7,732,484+1,111,634+1,638,454−2,954,940+181,580
7,676,593+1,102,476+1,640,378−2,932,715+166,533
7,929,962+1,136,403+1,786,509−3,004,596+62,774
7,805,564+1,131,214+1,713,924−2,946,250+83,906
7,715,587+1,121,015+1,779,314−2,949,470+31,472
7,647,324+1,102,233+1,744,077−2,872,322+10,328
7,893,569+1,033,855+1,938,746−2,972,042−14,400
7,770,315+1,028,294+1,920,145−2,929,660−29,604
7,659,975+1,020,352+1,842,722−2,897,211+23,936
7,563,979+1,086,404+1,768,100−2,923,532+57,064
7,785,786+1,080,494+1,825,030−3,005,284+45,811
7,739,821+1,129,654+1,822,921−3,046,115+80,335
7,679,890+1,127,541+1,800,037−3,077,649+131,236
7,568,725+1,120,653+1,822,349−3,067,007+109,131
7,501,949+1,057,793+1,847,060−3,098,675+176,634
7,832,996+1,146,469+1,969,558−3,263,328+127,868
7,704,632+1,150,410+1,960,749−3,241,890+104,127
7,623,346+1,154,995+1,968,014−3,198,863+49,984
7,506,260+1,082,846+1,939,596−3,182,946+136,270
7,763,053+967,612+2,073,877−3,193,700+124,556
7,716,837+981,709+2,056,370−3,165,506+103,804
7,647,666+999,715+1,982,796−3,150,406+141,708
7,601,258+969,652+1,987,721−3,091,180+102,947
7,514,194+915,701+2,032,232−3,023,315+39,305
7,830,944+904,200+2,199,323−3,128,647−16,799
7,752,445+883,554+2,081,791−3,105,924+100,213
7,712,088+957,062+1,957,693−3,128,896+171,594
7,678,048+966,586+1,808,426−3,079,539+264,727
7,910,382+954,099+1,919,810−3,211,965+315,637
7,965,747+948,223+1,998,340−3,292,861+318,808
7,985,639+985,794+1,975,712−3,298,951+315,771
7,827,222+995,428+1,930,359−3,321,030+372,755
7,977,423+912,968+2,078,639−3,421,446+406,886
7,768,115+1,059,289+2,046,856−3,444,509+312,924
7,476,729+928,135+2,174,937−3,360,368+231,083
7,351,825+825,783+2,265,480−3,361,781+240,083
7,557,896+855,328+2,379,421−3,435,484+179,130
7,376,456+820,974+2,315,561−3,401,197+239,262
7,252,929+719,457+2,357,896−3,297,664+192,097
7,135,388+665,483+2,380,416−3,266,501+189,157
7,027,367+610,189+2,387,977−3,276,189+240,724
7,378,067+555,139+2,462,461−3,318,207+271,370
7,312,375+529,317+2,546,522−3,248,965+138,719
7,268,992+517,754+2,483,065−3,172,894+131,776
7,241,474+479,597+2,453,831−3,163,097+199,044
7,463,346+519,952+2,428,899−3,246,836+232,125
7,330,552+483,629+2,535,352−3,124,564+70,850
7,250,341+537,139+2,492,471−3,077,130+12,137
7,068,917+425,916+2,483,347−2,912,521−32,794
7,224,128+402,737+2,562,305−3,027,803−14,937

The table scrolls sideways; the first column stays in place.

What do these figures leave out, and how are they cited?Limits, dates and how to cite

What this number cannot tell you

  • Positions are those of the Tuesday the report is dated; the CFTC released the report on 23 October 2026.
  • A trader's group comes from the CFTC's own classification. Nonreportable positions are open interest less the reportable positions.
  • Net positions leave out spread positions, so a group's long and short do not account for all of its contracts.
  • Records and ranks are counted from the week of 12 January 2010, the start of this market's latest run of weekly reports. The CFTC can revise a week in a later report, and our collector keeps the earlier figure.
  • Contracts are not comparable between markets: the size of one is the CFTC's contract size above.
  • Market names are the CFTC's own, written as it writes them. 500metrics is independent and is not affiliated with, sponsored or endorsed by any index provider, exchange or company named in them.

Observed . Checked .

How to cite this

U.S. Commodity Futures Trading Commission, Commitments of Traders, Disaggregated report (futures only), NAT GAS ICE LD1 - ICE FUTURES ENERGY DIV, week of 20 October 2026, released 23 October 2026. Compiled by 500metrics, "What positions do traders hold in NAT GAS ICE LD1 futures?", https://500metrics.com/futures-positions/natural-gas-ice-henry-hub.

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