Nasdaq 100
E-mini Nasdaq 100
Week of June 23, 2026
BEARISH
Smart money is net short and reducing.
2Y percentile: 13th — Well below average
Weekly change: -22,908 contracts
Weekly Changes
Asset Managers-7.4K
Leveraged Funds-22.9K
Dealers+25.2K
Other Reportable+1.4K
Positioning Percentile (2Y)
Asset Managers
28thBelow average
050100
Leveraged Funds
13thWell below average
050100
Dealers
92ndExtremely high (historically rare)
050100
Other Reportable
3rdExtremely low (historically rare)
050100
Full Stats Table
| Trader Type | Net Position | Weekly Change | 2Y Percentile | 5Y Percentile |
|---|---|---|---|---|
| Asset Managers | +62.9K | -7.4K | 28th | 54th |
| Leveraged Funds | -51.1K | -22.9K | 13th | 9th |
| Dealers | -18.8K | +25.2K | 92nd | 58th |
| Other Reportable | -1.7K | +1.4K | 3rd | 49th |
About Nasdaq 100 Positioning
Tech and growth sentiment in contract form. Nasdaq positioning tends to amplify S&P moves — when specs are bullish here, they're very bullish. Watch for divergences between Nasdaq and S&P positioning: when hedge funds load up on Nasdaq longs while reducing S&P exposure, they're making a concentrated bet on tech outperformance.