Liquidated Fidelity security not being removed from portfolio

WaterLover

Earlier this week, Quicken properly downloaded my Fidelity transaction in which I exchanged all shares of a mutual fund for another. The problem is that it lists both mutual funds in my portfolio and still lists the fund I no longer own as "Currently Held." Because Quicken is not removing the sold security, it is showing my account value as what it would be if I owned both securities.

I've never had this issue before and am trying to determine the problem. I tried to add a "Remove Shares" transaction as a workaround, and it still would not remove the security.

Here are screenshots of the transaction view and the portfolio view showing this issue.

Transaction view:

Portfolio view:

Any help is greatly appreciated!

jacobs

@WaterLover Some brokerages transmit a transaction to Quicken before its actual settle date, and therefore don't reporting to Quicken the zero shares balance for the original security. That's why I suspect your Remove Shares transaction isn't having an effect; Fidelity is still telling Quicken you have the shares in the original security. I'd suggest getting rid of your Remove Shares transaction and waiting a day or two longer to see if this resolves itself.

Jon

If the order was put in on the evening of the 2nd, it would have executed during trading hours on the 3rd and settled after close of business today, and might not get picked up by Quicken until sometime tonight. So I agree with @jacobs - I'd at least wait & see how things look tomorrow.