TQQQ Stock Split - Skewed Balances

MSStateDawg
MSStateDawg Quicken Windows Subscription Member ✭✭✭✭
in Investing (Windows)

Anyone else have Fidelity account balances now jacked up after Quicken downloaded transactions for the TQQQ stock split?

Or any other ticker, for that matter?

Quicken user since 1991

VP, Ops & Tech in the biometric space

Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Tell us more about that split, and what values you used in recording it.

    BTW, I'm a VU Commodore!

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • BB_MoneyGuy
    BB_MoneyGuy Quicken Mac Subscription Member ✭✭

    Yeah, the recent split completely messed up up my balances history at Schwab as well…… Price history in the 'Security Details' screen is a complete mess as well. Considering the manual rebuild of price history based on downloaded .csv file. Not sure if that will completely mess up my net worth calculations because of the stock splits……. Quite frustrating the Quicken does not seem to be able to handle this correctly……

  • MSStateDawg
    MSStateDawg Quicken Windows Subscription Member ✭✭✭✭
    https://community.quicken.com/discussion/comment/20526299#Comment_20526299

    I have experienced numerous stock splits over the decades. Quicken jumbles them up every. single. time.

    I usually post a question about it, but I pretty much stopped yelling because it fell upon deaf ears. I've resolved to just muck around with it manually until I get the balances pretty close.

    Quicken user since 1991

    VP, Ops & Tech in the biometric space

  • q_lurker
    q_lurker Quicken Windows Subscription SuperUser ✭✭✭✭✭

    An eye of the beholder situation.

    I have experienced numerous stock splits over the years. Most of them have been uneventful, but most of them do deserve some oversight. Apparently different financial institutions do process splits differently, some better (more properly for Quicken) than others.

    Unless you can be specific about what "messed up", "jacked up", or "balance history" really means, there is not anything for me to comment on.

    I will say the most common issue I am seeing these days is that the price history data (downloaded quotes from Quicken's third party data supplier) typically adjusts the prices for the 3 to 5 days prior to the split shares being accounted for by the brokerage house. In those cases, I am adjusting the price quotes back up to their non-split adjusted values. If you are not keeping prices updated frequently enough, those adjusted prices can go back much further in time.

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