Managed money is net long 78,648 contracts of Copper — in the top decile of the trailing 156-week range. Positioning this stretched has historically preceded sharper-than-average reversals, though a crowded trade can stay crowded for a long time. See how to read the COT report for context on what managed money vs. commercial positioning actually measures.
This page tracks one number. Commodity Hub's COT tool shows the full managed-money vs. commercial breakdown, historical charts, and positioning across every tracked commodity. Open the app to see it live.