Nasdaq 100
E-mini Nasdaq 100
Week of August 4, 2026
BEARISH
Smart money is net short and reducing.
2Y percentile: 0th — Extremely low (historically rare)
Weekly change: -20,035 contracts
Weekly Changes
Asset Managers-12.4K
Leveraged Funds-20.0K
Dealers+36.3K
Other Reportable+6.9K
Positioning Percentile (2Y)
Asset Managers
30thBelow average
050100
Leveraged Funds
0thExtremely low (historically rare)
050100
Dealers
98thExtremely high (historically rare)
050100
Other Reportable
47thNormal range
050100
Full Stats Table
| Trader Type | Net Position | Weekly Change | 2Y Percentile | 5Y Percentile |
|---|---|---|---|---|
| Asset Managers | +64.4K | -12.4K | 30th | 54th |
| Leveraged Funds | -78.3K | -20.0K | 0th | 0th |
| Dealers | +8.7K | +36.3K | 98th | 75th |
| Other Reportable | +6.0K | +6.9K | 47th | 75th |
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.