Quicken Mac downloading Fidelity FDIC sweep “core position” as Investments:Buy

SageForesight

I’m using Quicken Classic for Mac Version 8.4.2 (Build 804.59835.100) on macOS 26.2. Today I experienced a sudden change in how downloads from my Fidelity Brokerage account are being interpreted. For me this started on 2/11/26 and downloaded the subject transactions all the way to 1/1/26.

Account use case

• This Fidelity brokerage account is NOT used for investing. I use it like a money market / checkbook register to process deposits and pay bills.
• Historically, Quicken downloaded transactions in a way that mirrored Fidelity’s “Activity” tab: deposits, bill payments, etc. (a normal register).

What changed

• Starting this morning, Quicken began downloading a large set of additional transactions going back to January 1, 2026 (but not before).
• These new downloaded items are being categorized as investment transactions (Action = Buy / Category = Investments:Buy).
• The “security” name being used is:
  “FDIC INSURED DEPOSIT GOLDMAN SACHS BANK NOT COVERED BY SIPC”
• These appear to represent Fidelity core/cash sweep movements into/out of Fidelity’s FDIC Program Banks (core position), rather than actual investing activity.

Verification on Fidelity

• I confirmed Fidelity is generating these sweep entries; in the Fidelity Activity view they were initially hidden due to my filter settings. When I enabled the appropriate filter, I could see the sweep-related “settlement” entries.

What I tried

1. Switching the account to Simple tracking in Quicken:
   • This disables the transaction register (the Transactions button becomes greyed out), leaving only balances. Since I need the register for deposits/payments, Simple tracking is not usable for this account.
2. Disconnecting and attempting to reactivate/reconnect:
   • During reactivation Quicken only offers investment account sub-types; there is no option to connect/link this account as a checking/banking register.

Impact

• My register is now cluttered with “investment buy” transactions that represent internal cash sweep activity, making this account hard to use as a bill-pay/deposit register.

Request

• Please advise how to prevent Fidelity’s FDIC sweep/core-position activity from downloading as investment “Buy” transactions in Quicken Mac, or how to have Quicken treat this account’s downloaded activity as a normal cash register (deposits/withdrawals) without disabling the transaction register.
• If this is a known issue/regression in 8.4.2 or a Fidelity connectivity change, please let me know if there is a fix, patch, or recommended configuration/workaround.

Fletch1367

Same issue as the excellent detail provided by SageForesight.

Quicken Anja

Hello All,

Thank you for taking the time to report this issue!

We have forwarded this issue to the proper channels to have this further investigated. However, we request that you please navigate to Help > Report a problem within your Quicken program and submit a problem report with log files and screenshots attached in order to contribute to the investigation.

It would also aid the investigation to include a sanitized file when submitting the problem report. A sanitized file is a data file that removes personally identifiable information so you can comfortably share this file with the Quicken team.

While you will not receive a response through this submission, these reports will help our teams in further investigating the issue. The more problem reports we receive, the better.

Let us know once that is done, and we apologize for any inconvenience in the meantime! Thank you.
(CBT-1028/CTP-16433)

2wheelscuba

I have very similar issues. An update early 2/10/26 was fine. An update later in the day exhibited the following:

• In one account, dating back to 11/28/25, soon after the account opening.Multiple transactions listed in the reconcile window (that I think had already been reconciled).
• Change in register balance. I'm assuming that Fidelity is now including FDRXX in the register cash balance.
• In two accounts, a Buy transaction for FDRXX had been downloaded. This should have been a Sell transaction.

For a number of months now, I have been needing to add manual entries to be able to reconcile cash balances in Fidelity accounts due to the way Quicken was treating FDRXX cash sweeps. I suspect what we are seeing is an attempt by Quicken/Fidelity to correct this behavior.

Lamp Lighter

Sage Foresight: Thank you so much for explaining the Fidelity issue. I use the Windows version but it's the same problem. I sent to HELP- REPORT AN ISSUE a far less detailed explanation, unfortunately. I should have come here first. I hope this is attended to quickly by Q+F.

d1_

SageForesight

You nailed it in your message description. Same with Windows.

randy_woodruff

identical problem and it is kind of a mess. hope you guys are getting on this soon. Only happening on the account where QGSBQ is the cash holding position. Other accounts are working as expected.

Quicken Anja

Hello All,

Thank you to everyone who has submitted log files and problem reports—we truly appreciate it. All submitted logs and details have been attached to the active ticket (CBT-1028/CTP-16433) for investigation.

At this time, there is still no ETA for resolution. We appreciate your continued patience while this is being worked on.

Thank you!