This article is for portfolios you created as Holdings portfolios. If you have a Transactions portfolio, see: How to update your Transactions Portfolio
Contents of this article:
Ways to edit your holdings
You can edit your holdings from 2 places:
Where |
What it shows |
Use it to |
|---|---|---|
| The Edit All Holdings button. | All your holdings | Make several changes at once |
| The three-dot menu (⋯) next to a holding | Actions for that holding | Change or remove one holding |
The Edit All Holdings button:
The three-dot menu (⋯) next to a holding
How to remove a stock
- Open your portfolio.
- In the Holdings section, find the stock and select the three-dot menu (⋯) next to it.
- Select Remove Holding.
- If a confirmation appears, confirm the removal.
How to change the number of shares or the average price
- Open your portfolio and click on Edit All Holdings
- Find the stock.
- Select the value you want to change: the number of shares or the average price.
- Enter the new value.
- Select Done.
To work out the average price, see: How to calculate your average price
How to calculate your average price
Your average price is what you paid per share, including costs. If you have a broker figure, check how your broker calculates it before you use it.
Formula
Average price = total cost ÷ total shares
Total cost = (shares × purchase price) + additional costs
Additional costs can include brokerage fees and other transaction charges.
You buy 2 shares at $125 and pay $50 in brokerage and other costs.
- Share cost: 2 × $125 = $250
- Additional costs: $50
- Total cost: $250 + $50 = $300
- Average price: $300 ÷ 2 = $150
Enter $150, not $125.
You buy 2 shares at $125 and pay $50 in costs. Later you buy 3 shares at $140 and pay $30 in costs.
- First purchase: (2 × $125) + $50 = $300
- Second purchase: (3 × $140) + $30 = $450
- Total cost: $300 + $450 = $750
- Total shares: 2 + 3 = 5
- Average price: $750 ÷ 5 = $150
In a Transactions portfolio, you enter each trade, so you don't calculate an average price yourself.
Brokers and markets may calculate average cost in different ways. This formula gives you a figure to enter in the Simply Wall St portfolio.
How to add a stock
- Open your portfolio.
- At the top part of your portfolio page, select +Add new holding, or select Edit All Holdings and then + Holding.
- Search for the stock by ticker or company name.
- Select the stock from the results. If the same ticker appears more than once, check the company name and exchange.
- To add more stocks, search for each one and select it.
- Select Add.
- Enter the number of shares and the average price for each holding. See How to calculate your average price.
- Select Done.
How to switch to a Transactions portfolio
We encourage you to switch. A Holdings portfolio stores the shares and average price of each stock you own. A Transactions portfolio stores each buy and sell.
What changes
- Your returns use your trades. Returns in a Holdings portfolio are based on the average price of your holdings. In a Transactions portfolio, they are calculated from each transaction.
- More return figures. A Transactions portfolio can show realised returns, dividend returns, and annualised returns (IRR)
- More reports and charts. The Detailed Returns Report and the Value Over Time chart are available for Transactions portfolios.
- Corporate actions. Splits are recognised automatically in a Transactions portfolio, so you enter trades as they were at the time.
How to switch
Conversion creates a new Transactions portfolio. Your current holdings are recorded as initial Buy transactions, and you review them, adjust the dates, and add your other trades. Refer to the instructions here: How do I convert a Holdings portfolio to a Transactions portfolio?
You can also create a new Transactions portfolio from scratch. See Creating a Manual Portfolio