Equity indices · Market page
Russell 2000
Short exposure sits in the 3rd percentile. The lead participant net position changed −11.8K contracts over the latest week.
Positions as of1 Sept 2026Released 5 Sept 2026
01
Positioning history
Current exposure in its own range.
Positioning historyRussell 2000 exposure is measured against its own history.Lead participant rolling z-score
2026-09-01-1.99σ
02
Participant structure
Who carries the reported exposure.
ParticipantNet contractsRelative size
Asset managers+17.5K
Dealers+96.6K
Leveraged funds−109.5K
Non-reportables+3.6K
Other reportables−8.2K
CFTC participant categories vary by report family. The primary positioning series uses managed money for physical commodities and leveraged funds for financial futures.
03
Comparable states
What followed similar positioning.
| Positioning bucket | N | 4W positive | 8W positive | 12W positive | Avg 12W |
|---|---|---|---|---|---|
| z ≥ 2.0 (extreme long) | 10 | 50.0% | 50.0% | 10.0% | +7.90% |
| 1.5 ≤ z < 2.0 | 37 | 27.0% | 18.9% | 27.0% | +5.03% |
| 1.0 ≤ z < 1.5 | 43 | 44.2% | 51.2% | 44.2% | -0.69% |
| neutral (−1.0 < z < 1.0) | 292 | 49.3% | 49.7% | 50.3% | +2.16% |
| −1.5 < z ≤ −1.0 | 36 | 72.2% | 79.4% | 82.4% | +6.69% |
| −2.0 < z ≤ −1.5 | 27 | 48.1% | 59.3% | 63.0% | +2.71% |
| z ≤ −2.0 (extreme short) | 29 | 41.4% | 51.7% | 51.7% | +0.23% |
Overlapping historical observations. Periods and sample sizes are shown so the comparison can be read in context.