Stocks & Industry Classification

20Jk23
20Jk23 Quicken Windows Subscription Member ✭✭
edited February 2023 in Investing (Windows)
I've seen posts questioning the assignment of industry classification to various stocks with no resolution. Does anyone know where Quicken sources these assignments? They don't appear to adhere to SIC. For example, all of my semiconductors are classed as "Solar". I've got other "non-sensical" assignments as well.
Given the inability to edit these classifications, at least it'd be helpful to know their source. Maybe start by pulling from Morningstar? Any chance of Edit functionality being enabled? Once done, maybe some reporting as well? Thanks.

Comments

  • q_lurker
    q_lurker Quicken Windows Subscription SuperUser ✭✭✭✭✭
    My semiconductors (AVGO, KLAC, and QCOM show as industry = semiconductors.  (Using R43.32 right now)

    I agree there are some non-sensical ones and too many "Unknown'.

    What securities are your seeing as 'Solar'?
    Are you syncing with mobile?
    What release are you using?

    Have seen sources reported (never confirmed) but don't recall which.
    Quicken never shares development plans.
    Doubtful re edit capability being added.  Just my opinion.
  • 20Jk23
    20Jk23 Quicken Windows Subscription Member ✭✭
    Using R45.21, Build 27.1.45.21; and only on desktop (don't use mobile).
    Stocks showing as Solar include SEDG, SLAB, QCOM, NVDA, MPWR, MCHP, INTC, AMAT.
    Makes it hard to analyze your industry exposure without extracting into excel and doing a vlookup using another source (which I maintain using Morningstar).

    I agree, edit & reporting are pipe-dreams at this point.

    Thanks for the response.
  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭
    For other discussions on this topic, search for "industry category". See this one for example
    https://community.quicken.com/discussion/7809944/i-want-to-edit-fund-categories-for-my-investment-in-q2016#Comment_19825116
    QWin Premier subscription
  • 20Jk23
    20Jk23 Quicken Windows Subscription Member ✭✭
    Thanks to q_lurker and Jim_H. Good useful workaround, but I'm hopeful that Quicken will enhance their investment / reporting functionality. In the meantime, I'll stick to downloading into excel, etal; as I'm not enthralled with maintaining 400 items inside of Quicken. In fact, isn't that why we use the product?.....to automate reconciliations, tracking and analysis?
    Thanks to you both.
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