S&P 500
E-mini S&P 500
Week of September 22, 2026
MIXED
Smart money is net short and reducing.
2Y percentile: 37th, Below average
Weekly change: -82,431 contracts
Weekly Changes
Asset Managers+29.8K
Leveraged Funds-82.4K
Dealers+68.7K
Other Reportable-29.2K
Positioning Percentile (2Y)
Asset Managers
53rdNormal range
050100
Leveraged Funds
37thBelow average
050100
Dealers
77thWell above average
050100
Other Reportable
2ndExtremely low (historically rare)
050100
Full Stats Table
| Trader Type | Net Position | Weekly Change | 2Y Percentile | 5Y Percentile |
|---|---|---|---|---|
| Asset Managers | +934.5K | +29.8K | 53rd | 72nd |
| Leveraged Funds | -375.6K | -82.4K | 37th | 34th |
| Dealers | -634.2K | +68.7K | 77th | 41st |
| Other Reportable | -29.0K | -29.2K | 2nd | 45th |
About S&P 500 Positioning
The main event. This is where every institutional player expresses their view on the US stock market. When leveraged funds are max long, ask yourself: who's left to buy? When they're max short, ask: who's left to sell? Crowded trades unwind. That's not opinion. It's physics.